The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
ANNUAL REPORT OF THE
Comptroller of the Currency
December 3, 1923
WASHINGTON
GOVERNMENT PRINTING OFFICE
1924
TRBASURF DEPARTMENT,
Document No. 2935.
Comptroller of the Currency.
TABLE OF CONTENTS.
Submission of the report
,
National banks:
Earnings of
Loans and investments of
Capital and other liabilities of
The interests of the Federal reserve system and the national banks
Compulsory membership of national banks
Fundamental relations of State and national banks within the Federal reserve
system
No inherent conflict between State and national systems
Branch banking a gradual growth
Present development of branch banking
Principal issues involved in extension of branch banking
Is a reserve system necessary?
Can the Federal reserve system survive the operation within it of large branch
banking systems?
Difficulty of examination
Danger to Federal reserve system
Branch banking essentially monopolistic
Service of the unit banks.
Powers of the national banks relative to branch banking
Resolution of the Federal Reserve Board on branch banking
Intracity banking a local question
Branch banking legislation necessary
Increased flexibility for national banks necessary for the good of the Federal
reserve system
Absorption of the office of the Comptroller of the Currency.
Violation of fundamental principle of trusteeship
Effect on remedial activities of comptroller
No duplication involved
Present cordial relations between office of Comptroller of Currency and Federal
reserve banks
Legal complications
Reductio ad absurdum
Injustice to national banks
Responsibility of the Comptroller of the Currency
Legislation enacted:
Amendment of section 5219, Revised Statutes
Act of March 4, 1923, authorizing organization of agricultural credit corporations
Condition of national banks at date of each report called for during the y e a r . . . .
Abstract of reports of condition of national banks at date of each report during
the year.
Condition of national banks September 14, 1923:
Analysis oi: items of resources and liabilities
Principal items of resources and liabilities of national banks in each State,
September 14, 1923
....'.
National banks:
Liabilities of, on account of bills payable and rediscounts, during the year.
Loans and discounts of, June 30, 1923
Classification of loans and discounts, June 30, 1923, in reserve cities and
States
Classification of loans and discounts for the past three fiscal years
Comparative statement of loans and discounts, for the past three fiscal years,
of banks in central reserve and reserve cities and elsewhere
in
Page.
1
1
1
2
2
3
4
4
5
6
7
7
8
8
9
9
10
12
13
18
16
16
17
19
20
21
22
22
23
23
23
24
25
26
27
27
31
33
34
35
40
41
IV
CONTENTS.
National banks—Continued.
Page.
Comparative changes in demand and time deposits, loans and discounts
and investments, from June 30,1919, to June 30, 1923
41
Classification of United States Government securities held by banks in
reserve cities and States, June 30, 1923
42
Classification of investments of, June 30, 1922 and 1923
45
Classification of domestic and foreign bonds, securities, etc,, including United
States Government, held by banks in reserve cities and States, June 30,
1923
".
4G
Savings depositors and deposits in banks in reserve cities and States, June
30, 1923
50
Savings and individual deposits in banks in each State, June, 1913-1923..
52
Earnings, expenses and dividends of, June 30, 1923
55
Summary of earnings, expenses and dividends of, June 30, 1922-1923
56
Abstract of reports of earnings, expenses and dividends of banks in reserve
cities and States, year ended June 30,1923
57
Abstract of earnings, expenses, and dividends of banks in each Federal
reserve district, year ended June 30, 1923
65
Investments in United States Government securities, other bonds and
securities, loans and discounts and losses charged off on account of, years
ended June 30, 1918 to 1923, inclusive
66
Number of, capital, surplus, dividends, net addition to profits, and percentage of dividends to capital, etc., years ended June 30, 1914 to 1923,
inclusive
66
Relation of capital of, to deposits; to loans and to aggregate resources, at
date of each report following midsummer report, from 1917 to 1923,
inclusive
66
Percentage of principal items of assets and liabilities of, to aggregate assets
at date of each report following midsummer report, from 1915 to 1923,
inclusive
67
National bank examiners, list of, October 31, 1923
67
National bank failures, year ended October 31, 1923
73
Department of Justice, convictions by, of national bank officers and employees
for violations of the national banking laws, during the year ended October
31, 1923
'
76
Organization and liquidation of national banks
81
Labor banks
.,
83
United States bonds and other interest-bearing obligations of the Government..
83
National and Federal reserve bank circulation:
Redemption of, during the year
84
Profit on national bank circulation
84
Denominations of national bank circulation outstanding, October 31, 1923..
85
Securities deposited and withdrawn on account of national bank circulation,
monthly, year ended October 31, 1923
85
Securities withdrawn on account of Federal reserve bank circulation,
monthly, year ended October 31, 1923, and balance on deposit, October
31, 1923
86
Domestic branches of national banks, list of
86
Local offices of national banks, list of
88
Federal reserve system:
Assets and liabilities of Federal reserve banks in the latter part of November, from 1914 to 1920, and in October of the years 1921 to 1923, inclusive.
89
Principal assets and liabilities of Federal reserve banks at close of business
each month, from January 31, 1919, to October 31, 1923, inclusive
91
Percentage oi bills discounted, monthly, year ended October 31, 1923,
secured by Government obligations, to total bills discounted and purchased by Federal reserve banks
92
Federal reserve bank discount rates, in effect October 31, 1923
92
Discount and interest rates prevailing in various cities during 30-day period
ended September 15, 1923
".
93
New York:
Rates for money in, monthly range during the year ended October 31, 1923.
95
Comparison of range of rates in, for call loans, time loans, and commercial
paper, annually from 1914 to 1923, inclusive
96
Rates for sterling bills, year ended October 31, 1923
97
CONTENTS.
New York clearing house, statistics with respect to, year ended September 30,
1923
.*
Clearing-house associations in 12 Federal reserve bank cities and elsewhere,
year ended September 30, 1923
Banks other than national, June 30, 1923:
State (commercial) banks
Loan and trust companies.
Principal items of resources and liabilities of loan and trust companies,
years ended Jane 30, 1914 to 1923, inclusive
.
Stock savings banks
Mutual savings banks
Depositors and deposits in mutual and stock savings banks
Number of mutual savings banks in each State, June 30, 1922-1923; number of depositors; individual deposits and average deposit account, e t c . .
Number of stock savings banks in each State, June 30,1922-1923; number of
depositors; individual deposits and average deposit account, etc
Number of mutual and stock savings banks in the United States, years
ended June 30, 1914 to 1923, inclusive; number of depositors and amount
of individual deposits, etc
Private banks
.
All reporting banks
Resources and liabilities of each class of banks, June 30, 1923
Principal items of resources and liabilities of all reporting banks, on or
about June 307< 1918 to 1923, inclusive.
All reporting banks in the United States, Alaska and insular possessions, including national banks, June 30, 1923:
Statistics with respect to
Assets and liabilities of, in each State
Summary of combined returns from..;
Individual deposits in
Resources and liabilities of, from 19i8 to 1923, inclusive
All reporting banks, including Federal reserve banks, June 30, 1923:
Statistics with respect to
Resources and liabilities of
Cash in.
Money in the United States:
Statistics with respect to, June 30, 1923
Stock of, years ended June 30, 1914 to 1923, inclusive
United States'circulation statement, July 1, 1923
Imports and exports of merchandise, gold and silver, calendar years 1914 to
1922, and from January 1, to September 30, 1923
'
:
Banking power of the United States
Banks in the District of Columbia, June 30, 1923:
Statistics with respect to
Earnings, expenses and dividends of.
Summary of earnings, expenses and dividends of, years ended June 30,
1922-1923
."..'
Building and loan associations:
In the District of Columbia, June 30, 1923
Statement of number of associations, loans, installments on shares and
aggregate resources, years ended June 30, 1909 to 1923
In the United States, statistics with respect to, year 1922-1923
Monetary stocks in principal countries of the world
Federal land banks, October 31, 1923
Joint stock land banks, October 31, 1923
-....
United States postal savings system, statistics with respect to, years ended
June 30, 1922-1923
'
School savings banks, year 1922-1923
Savings banks in principal countries of the world
Foreign banks of issue, resources of, June 30, 1923
Salaries and expenses of national bank examiners, assessments on national
banks account of, year ended October 31, 1923
Currency Bureau:
Expenses incident to maintenance of, year ended June 30, 1923
Statement of expenses, etc., year ended June 30, 1923
Conclusion,
....
Exhibit " A "
Y
Page.
97
97
98
100
102
102
104
105
106
107
108
108
110
112
112
113
114
120
121
122
122
123
123
124
125
126
127
127
128
129
129
130
130
130
131
136
137
138
143
144
147
148
148
149
150
151
APPENDIX.
Digest of decisions relating to national banks
Page.
159
TABLES.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
1. Comptrollers and Deputy Comptrollers of the Currency
2. Names and compensation of officers and clerks in the office of the
Comptroller of the Currency, October 31, 1923
3. Number of national banks organized since February 25,1863. Number
passed out of the system and number in operation, October 31, 1923..
4. Authorized capital stock of national banks on the first day of each
month from January 1, 1914, to November 1, 1923, bonds on deposit
to secure circulation, circulation secured by bonds, lawful money
on deposit to redeem circulation, and national-bank notes outstanding
5. National banks placed in liquidation from November 1,1922, to October
31, 1923, names (where known) of succeeding banks in cases of succession with date of liquidation and capital
.
6. Capital stock, surplus, undivided profits, and aggregate resources of
national banks consolidated under act of November 7, 1918, for year
ended October 31, 1923, as shown by their last reports of condition
prior to consolidation
7. National banks consolidated under act of November 7, 1918, their capital, surplus, undivided profits, and aggregate assets, vear ended
October 31, 1923
8. Number and capital of State banks converted into national banking
associations in each State and Territory from 1863 to October 31,1923.
9. Conversions of State banks and primary organizations as national banks
since March 14, 1900, to October 31, 1923
10. Number of national banks increasing their capital, together with the
amount of increase monthly for years ended October 31 since 1920..
11. 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
12. Number of national banks organized, consolidated under the act of
November 7, 1918, insolvent, in voluntary liquidation, and in
operation on October 31, 1923
13. Changes of corporate title of national banks, vear ended October 31,
1923
.*
14. Changes of title incident to consolidation of national banks, year ended
October 31, 1923
15. National banks chartered during the year ended October 31, 1923
16. National banks, by States and geographical divisions, organized, failed,
and reported in voluntary liquidation during the year ended October
31, 1923
17. Number and classification of national banks chartered during the year
ended October 31, 1923
18. United States bonds on deposit to secure circulating notes of national
banks yearly on October 31, 1900 to 1923
19. 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, 1923
20. Investment value of United States and Panama Canal bonds quarterly
during the year
21. United States bonds, monthly rans:e of prices in New York, from November, 1922, to October, 1923
22. National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October 31, 1914 to 1923
23. National bank currency issued to banks monthly, from November 1,
1922, to October 31, 1923, and since 1863.
VI
201
201
204
204
206
210
212
213
213
214
214
215
216
217
217
222
223
224
225
227
227
228
229
APPENDIX.
VII
Page,
No. 24. National-bank notes received monthly for redemption during the year
ended October 31, 1923, by the Comptroller and the Redemption
Agency of the Treasury, together with the total amount received
since June 20, 1874
.
No. 25. National-bank notes received at Currency Bureau and destroyed yearly
since establishment of the system
.".
*.
No. 26. 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 1923
No. 27. Amount, denomination, and cost of national-bank currency received
from Bureau of Engraving and Printing, year ended October 31, 1923
No. 28. Vault account of currency received and issued by this bureau during
the year and amount on hand October 31, 1923..
No. 29. Vault account of currency received and destroyed during year ended
October 31, 1923
'
...*.....
No, 30. Amount of currency received for redemption by months, from November 1, 1922, to October 31, 1923, and counted into the cash of the National Bank Redemption Agency
..
No. 31. Amount of currency received by the National Bank Redemption
Agency for redemption in year ended October 31, 1923, from principal cities
."
.....'
No. 32. Classification of redemptions, the amount of each class redeemed, the
rate per $1,000, and the amount assessed on account of expenses
No. 33. Cost of redemption of Federal reserve and national currency for year
ended June 30, 1923
...
.".
No. 34. Taxes assessed on national-bank circulation years ended June 30, 1864
to 1923, cost of redemption 1874 to 1923, and cost of plates and examiners' fees 1883 to 1923
No. 35. Federal reserve notes outstanding according to weekly statement
(amount issued by Federal reserve agents to the banks, less "unfit "
notes returned for redemption) amount secured by gold and amount
secured by commercial and other eligible paper, from November 1,
1922, to October 31, 1923. . .
;
No. 36. Federal reserve notes printed, issued to banks, retired, and destroyed
since organization of the banks, with the balance in vaults and
amount outstanding October 31, 1923
No. 37. Aggregate amount of Federal reserve bank notes printed, issued, and
redeemed by denominations since the inauguration of the Federal
reserve system, and amount on hand and outstanding October 31,
1923.... .1
'.
No. 38. Taxes assessed on Federal reserve bank currency, cost of redemption,
and cost of plates for years ended June 30, 1915 to 1923
No. 39. National banks in charge of receivers, year ended October 31, 1923,
dates of organization and failure, causes of failure, dividends paid
while solvent, circulation issued and redeemed, etc.
No. 40. National banks in charge of receivers, year ended October 31, 1923,
dates of failure and final liquidation, assets, collections, dividends
paid, etc
No. 41. National banks restored to solvency after having been placed in charge
of receivers
No. 42. Dividends paid to creditors of insolvent national banks during the
past year, with total up to November 1, 1923.
No. 43. Dates of reports of condition of national banks, 1914 to 1923
No. 44. Condition of foreign branches of National City Bank, New York, N. Y.,
^ and First National Bank, Boston, Mass., J ime 30, 1923
No. 45. Number, capital, circulation, aggregate assets of national banks,
January, 1914, to September 14, 1923, money in the United States,
etc
*.
No. 46. Abstract of resources and liabilities of national banks on September
14, 1923, in New York, other central reserve and reserve cities
elsewhere, and the aggregate
No. 47. Classification of loans by national banks in reserve cities, etc., at date
of midsummer call, June 29, 1918, to June 30. 1923
No. 48. Classification of deposits at date of each report during year, by reserve
cities and States
........
229
230
230
230
231
231
231
231
232
232
233
234
235
236
236
237
242
250
25!
252
253
257
258
259
262
VIII
APPENDIX.
Page.
No. 49. Cash in vaults of national banks at date of each report during year, by
reserve cities and States
No. 50. Circulation of national banks at date of each report during year by
reserve cities and States
".
No. 51. Gold, silver, coin certificates, legal tenders, and currency certificates
held by national banks at date of each report from January 13,1914,
to September 14, 1923
No. 52. Specie held by national banks in the city of New York at date of each
report from January 33, 1914, to September 14, 1923
No. 53. Reserve held by national banks at date of each report from September
11, 1917, to September 14, 1923
No. 54. Reserve computation of national banks at date of each report during
the year, by reserve cities and States
No. 55. Aggregate resources and liabilities of national banks at date of each
report from January, 1914, to October, 1923
No. 56. Condition of national banks at date of each report since September 15,
1922, by reserve cities and States
No. 57. Abstract of reports of condition of national banks, in each Federal
reserve district, at date of each report during year ended Sept. 14,
1923
.'
No. 58. Classification of loans, investments, and deposits of national banks,
June 30 of each year, 1914 to 1923, inclusive
No. 59. Abstract of reports of savings and State banks in the District of Columbia at date of each report since September 15, 1922
No. 60. Abstract of reports of loan and trust companies in the District of Columbia at date of each report since September 15, 1922
No. 61. Principal items of resources and liabilities of each savings and State
bank in the District of Columbia, September 14, 1923
No. 62. Principal items of resources and liabilities of each loan and trust company in the District of Columbia, September 34, 3923
No. 63. Principal items of resources and liabilities of loan and trust companies
in the District of Columbia on or about October 1, 1914 to 1923
No. 64. Principal items of resources and liabilities of savings and State banks
in the District of Columbia on or about October 3, 1914 to 1923
No. 65. Summary of resources and liabilities, receipts and disbursements, of
the building and loan associations in the District of Columbia, for
six months ended December 31, 1922
No. 66. 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, 1923
No. 67. Abstract of reports of State (commercial) banks on June 30, 3923, by
States
No. 68. Abstract of reports of loan and trust companies on June 30, 1923, by
States
%
No. 69. Abstract of reports of stock savings banks on June 30, 1923, by States.
No. 70. Abstract of reports of mutual savings banks on June 30, 1923, by States.
No. 71. Abstract of reports of private banks on June 30, 1923, by States
No. 72. Abstract of reports of all reporting banks other than national on June
30, 1923, by States
No. 73. Abstract of reports of national banks on June 30, 1923, by States
No. 74. Aggregate resources and liabilities of State (commercial) banks, 1919 to
1923
No. 75. Aggregate resources and liabilities of loan and trust companies, 1919 to
1923
No. 76. Aggregate resources and liabilities of stock savings banks, 1919 to 1923.
No. 77. Aggregate resources and liabilities of mutual savings banks, 1919 to 1923.
No. 78. Aggregate resources and liabilities of private banks, 1919 to 1923
No. 79. Gold, silver, etc., held by banks other than national, 1914 to 1923, inclusive
No. 80. Chartered banks of Canada, condition on September 29, 1923
No. 81. Comparative statement, October, 1922, to September, 1923, relative to
capital, etc., of chartered banks of Canada
No. 82. Comparative statement of New York Clearing House transactions for
each year, 1854 to 1923
No. 83. Comparative statement of the clearings, etc., of New York Clearing
House for the years ended September 30, 1923 and 1922
278
288
292
294
296
297
306
319
437
445
448
449
450
452
453
453
454
455
456
464
472
476
480
484
492
500
500
501
501
502
502
503
503
504
505
APPENDIX.
IX
Page.
No. 84. 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 1923, inclusive
No. 85. Comparative statement of exchanges of clearing houses of the United
States for years ended September 30, 1923 and 1922
No. 80. Comparative statement of transactions of clearing house associations
in the 12 Federal reserve bank cities and in other cities with transactions of $1,000,000,000 in years ended September 30, 1923 and 1922.
No. 87. Number and liabilities of State (commercial), savings, private banks,
and loan and trust company failures, year ended June 30, 1923
No. 88. 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, 1923
No. 89. Showing individual statements of resources and liabilities of each
national bank at close of business September 14, 1923 (States, Territories, and towns, arranged alphabetically) is omitted from this report and published as a separate table.
505
506
509
510
51.1
REPORT
OF THE
COMPTROLLER OF T ^ E CURRENCY.
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,
Washington, December S1 1923.
SIR: In submitting the following annual report covering the year
ended October 31, 1923, the sixty-first report of the activities of the
Currency Bureau, in accordance with the provision of section 333 of
the United States Revised Statutes, it is gratifying to state that
the well-fortified position of the national banking system, as
disclosed by the character of assets and the volume of increase in
assets during the year, is evidence of the fact that the national banks
occupy an outstanding place in our financial structure and are
abundantly able to meet the demands of commercial and industrial
enterprises.
EARNINGS OF NATIONAL BANKS.
In the past year, notwithstanding the writing off of some $180,000,000 losses and depreciations, the net addition to the profits of
national banks was $203,500,000, exceeding by about $20,000,000 the
addition to profits in the year 1922. From the earnings, dividends
were paid to the. amount of $179,000,000, the maximum amount
ever paid in any year in the history of the national banking system,
and exceeding by $13,000,000 the amount paid in 1922.
LOANS AND INVESTMENTS.
Loans and discounts increased to the extent of about $600,000,000,
while investments in bonds, etc., amounted to nearly $507,000,000
more than for the year ended June 30, 1922. The increase in loans
was slightly over 5 per cent and in bonds over 11 per cent. The
greater percentage of increase in investments over loans is due in
a measure to the greater increase in time than in demand deposits
and also to the desire to profit by the use of investable resources
not required to meet the current demand for loans. In September
last the banks' investments in Government and other bonds exceeded
$5,000,000,000, approximately 30 per cent of their loans and discounts and investments combined.
1
2
REPORT OF THE COMPTROLLER OF THE CURRENCY.
CAPITAL AND OTHER LIABILITIES.
Notwithstanding there has been no material change in the number
of banks, there was an increase of over 25J- millions of dollars in
paid-in capital of the banks and 26 millions in their surplus, the
paid-in capital and surplus at the end of the report year amounting
to $1,332,000,000 and $1,008,000,000, respectively.
The reported outstanding circulating notes, some $731,000,000,
was greater than in any year since 1915 and greater than in 1922 by
over $4,500,000.
Compared with September, 1922, the banks' deposits show an
increase of over $441,000,000. In the same time the amount of
their total assets increased by over $786,000,000, accompanied
necessarily by a corresponding increase in the aggregate volume of
their liabilities.
In connection with the amounts written off by the active national
banks, it may be mentioned that there will be certain losses incident
to failures, due not only to injudicious banking, and in certain cases
to criminal violations of law, but to disturbed economic conditions,
which, though very severe, have fortunately been confined to comaratively narrow territorial limits. Although the number of national
ank failures, receivers being in charge, was 52, the aggregate
capital of these associations was only $3,205,000, with assets at
date of failure of approximately $30,000,000. The liabilities for
which claims will be proved will be materially reduced by offsets and
the liquidation of secured obligations. Assuming that the ultimate
loss is not greater than the average loss sustained by creditors of
insolvent banks, the affairs of which have been settled, the recovery
from failures dining the current year should approximate at least
80 per cent of the claims.
It may be well to call attention to the fact that the Department of
Justice is cooperating with the directors and officers of the banks
and with the official supervisors in efforts to place national banks
on the highest possible plane b}T prosecution of those guilty of criminal
violations of the law governing the operation of the banks. During
the last year 109 convictions were secured by the Department of
Justice for such violations of law.
E
THE INTERESTS OF THE FEDERAL RESERVE SYSTEM AND
THE NATIONAL BANKS.
Under the provisions of the agricultural credits act a joint committee was appointed at the last session of Congress ''to consider
the effect of the limited membership of State banks and trust companies in the Federal reserve system in the agricultural sections of
the United States," and to make recommendations to bring about,
in such sections, a larger membership of these banks in the system.
I t may, no doubt, be presumed that the primary interest of Congress
in promoting such an investigation was the upbuilding of the Federal
reserve system and the improvement of banking facilities in the
agricultural districts in particular and the country in general.
If the narrow view be taken that the only interest of the Government were in securing the membership of State banks which are not
members, regardless of the effect that concessions made for this pur-
REPORT OF THE COMPTROLLER OF THE CURRENCY.
3
pose might have on banks already members, a situation might be
produced which would secure a number of new members, but at the
cost of losing a larger number of the present membership. It would
be unfair and inexpedient to attempt to buy the membership of
banks who have not joined at the expense of those who have built
up the system, either through voluntary or compulsory membership.
Since Congress has indicated its desire to strengthen and to increase
the scope and usefulness of the activities of the Federal reserve system by the acquisition of new members, it may be assumed that it
is also concerned with the well-being of the institutions which already
compose this membership, and is not disposed to overlook the possibility of increasing membership in the system by encouraging the
organization of new national banks.
COMPULSORY MEMBERSHIP OF NATIONAL BANKS.
The membership of the State banks is a voluntary membership,
and one from which they can, at pleasure, withdraw. The membership of the national banks is compulsory. If a State bank desires to
withdraw from the system it has simply to send formal notice to the
Federal Reserve Board and proceed independently, whereas the only
way the interests controlling a national bank can"withdraw from the
system is by going out of business as a national batik. This procedure would involve the possibility of considerable loss on the part
of the individual national banking institution, and any group of
directors would submit to very considerable inconvenience and hardship before following such a course.
It seems hardly necessary to make the assertion that the stability
and permanence of the Federal reserve system would be infinitely
greater if its entire membership were on a compulsory basis. There
has been little discussion and little constructive effort directed along
the line of fortifying the system by inducing individuals or banks
to join the national system, as a means of building up the Federal
reserve system; and if special stress is to be laid on the necessities of
the agricultural districts, it should not. be forgotten that so far as the
Federal reserve system is concerned it is the national hank rather
than the State bank which has carried its facilities to the smaller
communities. As an evidence of this it is only necessary to say that
there are approximately 8,300 national banks already" members of
the system, as against 1,600-odd State banks. Although there are
over live times as many national banks in the system as there are
Stale banks, the assets of the national banks are only approximately
«21,700,000,000, as compared with §12,000.,000,000 for the State
banks. The smaller banks of the S3"stcm arc national banks. It
seems, therefore, a reasonable inference that if these are hampered
in their growth through existing conditions or the enactment of new
legislation, the smaller communities and agricultural sections will be
the principal sufferers. It is to be hoped that in the present campaign
for membership the interests of the existing members will not be
sacrificed nor the greater desirability of fortifying the system by
encouraging the organization of new "national banks be forgotten.
4
REPOKT Or THE COMPTROLLER OF THE CURRENCY.
FUNDAMENTAL RELATIONS OF STATE AND NATIONAL BANKS
WITHIN THE FEDERAL RESERVE SYSTEM.
This is a time when there is a peculiar necessity for definition and
understanding of fundamental relationships. The Federal reserve
system has rendered a great service to the country, and has done so
because it was fundamentally sound in its conception. Through its
operation the country was carried through the financial stress of the
Great War, and it has demonstrated, its ability to withstand the strain
of abnormal demands. It was organized primarily for this purpose,
and it has been successful. It will require the exercise of careful
judgment and discretion to guide it safely through periods when the*,
the exercise of this primary function is not required. During every
period of stress it lias the unlimited support of the whole country.
During the intermediate periods the system will be the subject of
attack and criticism, and it is then that the danger will come of sacrifice of principle.
It will be recalled that the original act contemplated that the Federal reserve system should be composed of the national banks and
of such State banks as were willing, voluntarily, to conform to
practically the same conditions of administration as were enjoined by the national bank act. In 1917 Congress, actuated
primarily by the necessities of war-time financing, modified the act
in such a way as to admit into the system State banks without
essential modification of their charter powers. Under the original
conception it is clearly recognized that, since the national hiinksliad
no recourse but to join the system, in its operation they should be
protected from inequalities in their relationship with other member
banks. The war-time emergency justified the removal of these
protective provisions, and the national banks submitted without
complaint, not through ignorance of the position in which they were
placed but from motives of patriotism. The emergency is past and
conditions have changed. The national banks now find themselves
in a position of preponderating importance in the system so far as
their numbers and the weight of their assets are concerned: but so
situated that they can not meet the competition of a smaller number
of institutions with less assets, operating under more liberal charter
rights, receiving all of the benefits of the operation of the system and
bearing only a part of the burdens. So long as the national banks
are able to contribute $21,700,000,000 of assets to the support of the
system as against $12,000,000,000 by the State banks, the system
will be safe, but is it reasonable to assume that this condition will
always exist ?
NO INHERENT CONFLICT BETWEEN STATE AND NATIONAL
SYSTEMS.
There is a natural disposition to attribute to National and State
banks an antagonistic attitude toward one another. In States where
the two operate on a basis of reasonable equality this docs not exist,
and there is nothing inherent in the general situation which justifies
such an attitude. The flexibility of the national banking system in
meeting the diversified conditions in the United States has been very
great, but it is doubtful if the law could be so modified as to produce
such a degree of flexibility that all of the banks of the United States
REPORT OF THE COMPTROLLER Ol1 THE CURRENCY.
5
could operate under one law in such a way as to meet the different
community requirements as well as is being done under the present
system of National and State banks. The present efforts of the Federal reserve system are directed toward coordinating and reconciling
the operations of banks under the various State laws with those of
the national banks. So far as general operations are concerned the
one important point upon which the interests of banks operating
under some State charters are prejudicial to the interests of the
national banks is that of branch banking.
The national bank act does not permit national banks to engage
in the exercise of general banking functions beyond the limits of the
municipalities in which they are located. They can not, therefore,
enter the general field of branch banking. Except for the national
banks the Federal reserve system could not have been organized, and
if a condition is permitted to develop which should seriously and permanently cripple the national banking system it would, be a direct
and possibly fatal blow to the Federal reserve system.
The development of the American banking system has been an
evolutionary process, and the preeminent strength which it possesses
in world finance at the present time is in largo measure due to tho
fact that it took its form in a gradual and orderly way, meeting. Impractical adjustment, conditions as they developed. It is distinctly
not an adaption of any foreign system, nor is it a structure conceived and built by any individual or group of individuals at a given
time involving the rigid enforcement of a ready-made theoretical
plan. Under our system of banking the most stable and most rapid
economic development that the world has ever seen has taken place.
From time to time efforts have been ma do to substitute for the old
machinery a system which might soom to bo thooreiu^lly and technically more perfect. Tho frontal attacks of the proponents of foreign
banking systems have invariably broken down without, in any
substantial manner, permanently modifying or affecting the general
principles of American banking. The genius of the Americans,
people for independence in matters of local self-government is
thoroughly ingrained and will never succumb in any dean-cut issue
where the choice rests between centralized control and personal and
community independence.
BRANCH BANKING A GRADUAL GROWTH.
At the present time no direct or open attack is being made on theso
traditional principles. Tho danger which confronts our present
banking system lies in an insidious and gradual undermining influence
which is not so much the outgrowth of a conscious effort to introduce a
new system as it is the result of a natural desire to secure temporary
benefits for particular individuals and banking institutions without
consideration being given as to the ultimate "effects on the highly
complicated and efficient machinery of American finance and
exchange. It is peculiarly a time when these indefinite tendencies
should be precipitated into their essential elements.
If a new system and theory of banking is in progress, it should be •"
determined whether or not it is a desirable system; and if a desirable
system, it should, be encouraged, fostered, and put into effect: as
rapidly as possible. If it is not a desirable system, that fact should
6
REPORT OF THE COMPTROLLER OF THE CURRENCY.
bo developed and steps should be taken now to eradicate it before a
condition has developed which would involve a great national disturbance and injustice to individuals and communities.
The above observations apply to the general subject of branch
banking. ;By branch banking is meant an association of banking
houses operating in one or more cities or towns but all under the
discretionary control of the board of directors of a parent bank and
upon the capital of the parent bank.
Unless the State member banks enter into branch banking there
is in my judgment no material divergence of interests between the
State and National banks. If, however, State member banks engage
in unlimited branch banking it will mean the eventual destruction
of the national banking system and the substitution for it, and
eventually for the Federal reserve system, of a privately owned
and highly centralized financial control of the banking machinery
of the United States.
PRESENT DEVELOPMENT OF BRANCH BANKING.
Ill support of the general contention that the principle of branch
banking has been carried to such an extent as to constitute a definite
trend in certain localities the following facts are submitted:
Branch banking is permitted with various modifications in the following 17 States: Arizona, California, Delaware, Georgia, Louisiana,
Maine, Maryland, Massachusetts, Michigan, Mississippi, New York,
North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, and
Virginia.
The laws of some of these States restrict the establishment of
branches to the city or county of the location of the parent bank,
while others permit branches to be established in any part of the
State. In California, for example, 82 of the State banks are operating a total of about 475 branches. In that State one bank operates
28 branches, one bank 19 branches, another about 7i branches in
48 different cities, another about 72 branches. Four banks in California, operate a total of 190 out of the 475 branch banks in the
State. In the State of Michigan upward of 300 branches of State
banks are in operation. In the city of Detroit 14 banks are operating
about 200 branches, and there are in Detroit only 3 national banks
left in operation. In the State of New York about 251 State banks
are operating branches. In the United States to-day it is reported
that 517 State banking institutions have in operation 1,675 branches*
The figures used above are not intended to be authoritative or
complete, and are used only for the purpose of illustration. They
are, however, sufficient to indicate that this form of banking must
now be dealt with as a practical condition to be met and not as a
theory.
Granting that a State legislature may properly enact legislation
permitting the local State banks to engage in branch banking, the
larger questions remain, first, as to the effect of such legislation
upon the national banks operating in such States under the national
bank act as administered by the Comptroller of the Currency and,
second, the effect upon the Federal reserve system of admitting to
or retaining in membership such State banks engaged in branch
banking.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
7
PRINCIPAL ISSUES INVOLVED IN EXTENSION OF BRANCH
BANKING.
The discussion of branch banking seems naturally to divide itself
into three main questions:
First. Is a reserve system, either government ally or privately
controlled, necessary ?
Second. Can the present Federal reserve system survive the
imposition upon it of large and powerful chains of branch banks
which, in practice as well as in theory, are privately owned and
privately controlled reserve systems ?
Third. Can a general system of branch banks exist simultaneously
with a system of independent unit banks ?
If it should be concluded, in the consideration of these questions,
that the Federal reserve system is necessary and that it can not
survive the strain upon it of systems of branch banks, and that branch
banks will mean the elimination of independent banks, it will then, I
believe, be a logical and necessary conclusion that the issue is a
clean-cut one as to whether the country -prefers a system of privately
owned branch hanks or a reserve system under Federal control.
IS A RESERVE SYSTEM NECESSARY?
As to the first question, namely, the necessity for a reserve system,
it seems hardly necessary, in view of the record of the existing organization, to enter into any extended arguments, but it would, perhaps,
be well to state some of the basic considerations on account of which
it was given its present form. The principle of a central bank lias
been a controversial one for over a century. In deference to the
widespread and thoroughly American distrust of the centralization
involved in a single Government bank, 12 banks were established in
different sections of the country in order to secure the closest possible
contact with the local in ember banks and a thorough understanding
and adaptability to community conditions. Through the operations
of the 12 individual units a proper sympathy with and understanding
of local conditions and needs is secured, while at tho same time,
through the Federal lleserve Board, a liaison between the districts
and the detachment necessary for a proper compromise between
local interest and national policy is secured. Through the Federal
reserve system the transfer of funds from points of surplus to points
of deficit is accomplished with the primary purpose of promoting the
best interests of the whole country and not with a view to enabling
individuals or sections to reap a financial advantage at the expense
of others. If it wore assumed that tho instrumentality for the transfer
of funds could be provided by a private reserve system, such as a
branch, banking institution, it could hardly be fairly contended that
the controlling influence would be other than profit. Necessarily, in
adjustments of this kind the interests of a branch bank or individuals
must be private profit tmd not public welfare.
The whole Federal reserve system bears a very striking analogy to
the general principles which underlie the American Government,
being founded upon a system of checks and balances calculated to
preserve local independence under centralized and coordinating control. It would be so distinctly a step backward and so manifestly
a dangerous proceeding to destroy the regulated cooperation of
72396°—24
2
8
REPORT OF THE COMPTROLLER OF THE CURRENCY.
banking facilities that it seems entirely unnecessary to discuss further
the necessity for some sort of a reserve system, and the issue is, should
it be done By governmental coordination or private centralization?
CAN THE FEDERAL RESERVE SYSTEM SURVIVE THE OPERATION
WITHIN IT OF LARGE BRANCH BANKING SYSTEMS ?
The second point referred to, as to the ability of the Federal reserve
banks to survive the imposition upon the sj^stem of large privately
controlled reserve systems, is a practical one which the Federal
Reserve Board has met in a clear-cut and courageous manner. The
board acted upon the assumption that it has the moral and legal right
to refuse admission to the system of any institution which either
because of its financial condition or the method of its operation is
unsound, and that it has similar obligations to its members. It is
reasonable to assume that a, bank, for administrative purposes, might
safety control 10 branches, but the same bank under American conditions might not, in safety to its depositors and general creditors,
operate 1,000 branches. If the Federal Reserve Board had taken a
neutral position on the goneral issue of branch banking and had not
refused to sanction its general extension, but had attempted to settle
each application for a branch without adherence to a fixed policy it
would have been faced continually with decisions of a highly controversial nature. The local situation, the personal equation, the
temporary financial conditions, and a thousand and one conflicting
influences would have had to be balanced and considered in every
application for a branch. However wise their decisions, the board
would, of necessity, frequently have appeared to have been arbitrary
and improperly partisan. The publication of their reasons for action
in particular cases would frequently be productive of injustice to the
individual applicant and disturbance to the financial community,
and on the other hand if the reasons for decision in these matters
were not made public the system would be subjected to such attacks
and insinuations as would eventually seriously impair its standing
and be destructive of its dignity and influence. In order to avoid
those consequences the board has adopted a general policy of clarification and control.
The elementary considerations which. I have stated above and
purpose to elaborate further seem to me to justify the decision on
the part of the authorities to limit definitely the extent to which
member banks may indulge in the establishment of branch banks.
DIFFICULTY OF EXAMINATION.
1
As a practical consideration, aside from the broader aspects of the
case, it must be constantly borne in mind that the Federal reserve
system can only be successfully maintained if the administrative
authorities have an adequate knowledge of the conditions of the
member banks. This necessitates examination, which, in the case
of the national banks, is provided by the Comptroller of the Currency,
and those national banks can not engage in banking beyond the
limits of the city in which the institution is located. In the examination of State banks the Federal reserve system is compelled to rely
on its own examiners and such incidental and voluntary assistance
as it can secure from the various State officials.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
9
The examination of an institution with branches and subsidiaries
is a very difficult one. The interdepartmental relationships vastly
complicate it. It is more difficult to examine 10 institutions of a
given size which are associated in a branch banking system than it
would be to examine 10 independent institutions, as all of the transactions between the different branches have to be investigated and
eliminations and adjustments made to produce a composite picture
and prevent the improper manipulation or shifting of assets. This
can not be done satisfactorily without a simultaneous examination
of the parent bank and all of the branches. Bank examination
involves very much more than a mere scrutiny of figures. Questions
of moral character, of local reputation, of valuations of securities,
of conformity to laws and. rulings—these and many other elements
enter into a proper examination. In the case of the examination of
a large bank, with 75 to 100 branches, it would be impossible to
mobilize a force of examiners of the ability to make an intelligent
analysis of the situation in each individual community, even if it
is to be assumed that the character of the banker is not a factor in
the condition of the institution.
DANGER TO FEDERAL RESERVE SYSTEM.
The last stated considerations are incidental as compared with
the more important one which involves the ability of the Federal
reserve bank to meet the mobilized demands of an association of
institutions under the control of a single interest having the power
to concentrate the requirements of all of the separate institutions
into one demand. This demand might be made practically without
notice in a period of stress, on account of necessity, or with a desire
to produce a certain condition in the community which might be
opposed to the general interest but favorable to that of the particular
institution. To say that if a large proportion of the banking interestsof a State are centralized in the hands of five or six or a dozen branch
banking institutions and that these institutions will not combine,
either as a result of direct conferences or agreement or of mutality of
interests, is to ignore the fundamental basis of human action, if any
lessons are to be drawn from the development of largo industrial
enterprises in the United States it is that the principle of centralization, when once inaugurated, will proceed, unless interfered with
by governmental action, to a point of complete concentration in an
individual, or a group dominated by an inclmdiiul. Should a situation of this kind develop in any Federal reserve district the Fedc-ru-l
reserve bank would either be eliminated as a factor in the linancial
community or be virtually under the control of >iich a group.
BRANCH BANKING ESSENTIALLY MONOPOLISTIC,
As to the question of whether or not it is possible for independent
unit banking systems to exist and operate in conjunction with a
branch banking system, very definite conclusions may be drawn
from the results of the operations of branch banking systems in other
countries.
Branch banking is in vogue in England, Scotland, Ireland, Canada,
Australia, New Zealand, France, and other parts of continental
Europe. It is understood that it is also in operation in the Latin
10
REPORT OF THE COMPTROLLER OF THE CURRENCY.
American countries. According to figures published in the Bulletin
of the American Institute of Banking for July, 1923, in 1842 there
were in England 429 banks and in 1922 only 20 banks with about
7,900 branches. Of these 20 banks, 5 controlled practically all of the
banking of the nation. In Scotland there are only about 9 banks
with about 1,400 branches, and in Ireland about 9 banks with about
800 branches.
In 1885 in Canada there were 41 independent banks. Under the
operation of branch banking the number was reduced to 35 by the
3^ear 1905. According to recent information there are in Canada
to-day only 14 banks, operating about 5,000 branches. There are
no independent unit banks in western Canada, in fact none west of
Winnipeg. Banking control through the branch S3^stem is concentrated in the cities of Montreal and Toronto.
Experience in other countries definitely indicates that independent
unit banks do not exist parallel with branch banks. As indicating
that this is not necessarily due to conditions which exist abroad, but
might not exist in the United States, the following points are adduced,
which clearly indicate that there are such inherent antagonisms
between the two systems that they could not under any circumstances
long operate together in the same country.
Branch banking is, in its essence, monopolistic. The financial
resources of a number of communities are put under the control of a
single group of individuals. Funds liquidated in one community may
be used to develop other communities at the discretion of the officers
of the central bank. The economic development, therefore, of a
given territory under the control of a branch would depend upon the
policy of the bank. The bank would have the power to retard or
to encourage the development of a given community or individual
enterprise. In this connection it has been well said that if the sudden
creation of great branch banking systems resulted in withdrawing
funds from the support of rural communities in order that they may
be invested in self-liquidating commercial paper originating elsewhere, then it will be true that sound abstract banking principles will
have been applied, but at a cost to the future development of the
rural communities that will far outweigh any advantages that may be
gained.
SERVICE OF THE UNIT BANKS.
In a system of independent unit banks, the bank which best serves
the community is the bank which is most certain to live the longest
and be the most profitable to its stockholders. Since the type of man
who starts a bank in a small community is essentially constructive,
his natural associations and sympathies are with men of constructive
type, and he extends the facilities of the bank most liberally to them.
His loans take into account, as a first consideration, character and
moral responsibility. He is naturally inclined to encourage young,
aggressive, and enterprising individuals who will, in the course of
time, bring business to the institution as he succeeds, and will
develop commercial and industrial enterprises and be a factor in the
creation of corporate and private undertakings, all of which will be
feeders to the bank. As this type of individual is usually not the
possessor of high-class collateral at the beginning of his career, the
banker is dependent in a large measure upon character, of which he
can only
be sure by personal contact and acquaintance.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
11
The distinctive accomplishment of the banking system of the
United States is its contribution to enterprise and its stimulation of
growth; its criterion is service.
It can well be said that the rapid economic development of America
has been largely due to the policy of the pioneering unit banks
which recognized this principle of service. It is inconceivable that
the representative of a nonresident board of directors should be
granted the authority and the discretion to make a type of loan which
is based on character, knowledge of local conditions, and ultimate
benefits to be realized by the community and by the banks. While
it requires a high order of ability to make this class of loan, the banking history of the United States would show, in the main, a surprisingly small mortality. These loans, however, on account of their small
size in individual cases, and difficulty of ascertaining their intrinsic
value, do not afford a basis for discount with other banks in case of
stress, and no bank could exist if it were dependent entirely upon
them. If across the street from the unit bank making this sort of
loan were the agent of a great branch banking institution, this
agent would very quickly acquire the larger and, from the narrow
banking standpoint, the desirable business of the town. This he
could do by offering lower rates of interest on loans and higher rates
on deposits than local conditions would ordinarily justify, which,
in the nature of the case would probably be withdrawn as soon as the
independent unit banks of the town were finally eliminated. This
is a process which has been pursued in the evolution of our great
industrial enterprises which have had to be curbed by the action of
the Sherman anti-trust law and other governmental action,
The opportunities for coercion on the part of large institutions with
branches scattered over a whole State are very great. This coercion
might take any one of a number of forms. The connection of the
branch banks with out-of-town customers of the institutions of a
community permits of pressure being readily brought.
Under the Federal reserve system, and through his relations with
his correspondents, the competent unit banker is able to secure
for the larger customers of his town facilities which are beyond
the abilities of his own institution to grant. The branch banker can,
in the case of very large customers, grant these facilities more
directly and to that extent is rendering a special service to the
community, but the ultimate result of these influences is to give
the easiest obtainable and most desirable business to the branch
bank, leaving the unit bank to take care of the enterprises of the
town which have not already reached a condition of independence.
The expression has been used as applied to one State where branch
banking exists on a large scale that the branch banks skim the
cream and the unit banks are left with the skimmed milk, the result
being that the unit banks have gone out of existence and the borrower who is a good moral risk but can not produce a certain form of
collateral is left to depend on the good graces of a representative of
a branch bank who is frequently the possessor of all the discretionary powers of the local railroad agent and no more.
One" of the monopolistic influences exerted by the branch banker
is the ability to secure, by the payment of higher salaries, the transfer to other points of the efficient employees of the unit banks. A
12
REPORT OF THE COMPTROLLER OF THE CURRENCY.
general procedure in the creation of branch banking systems in one of
our American States has been the absorption of local unit institutions. During the first few years the operations of these local unit
institutions have, in many cases, been successful because the enterprising and pioneering talent that created the bank is still retained
in an official capacity, but men of this type will not long consent to
hold positions which are, in their essence, merely advisory, and
there is soon substituted therefor the type of employee who must
be bound by rigid instructions and is capable of interpreting them
in only a mechanical way. In case of an acute financial disturbance
demanding immediate action it is necessary for the representative
of the branch bank to refer back to the head office for instructions
as to his course of action, and a delay is occasioned by red tape which
frequently makes it impossible for them to help in an emergency,
even when they have the desire.
POWERS OF THE NATIONAL BANKS RELATIVE TO BRANCH
BANKING.
I t has been the settled ruling of the office of the Comptroller of
the Currency that a national bank could not establish and maintain
a branch bank, even^rithin the limits of the city in which it is located.
This interpretation of the law was upheld by an opinion of the
Attorney General handed down on May 11, 1911. In this opinion,
however, the Attorney General suggested that there were many
business operations which a national bank might carry on outside of
its banking house under its incidental powers. The opinion of 1911
was elaborated by an opinion of the Attorney General of October 3,
1923, in which it was held that although it was illegal for a national
bank to establish a branch bank, it might conduct some of its routine
or administrative operations, such as receiving deposits and cashing
checks, at offices located at a distance from the banking house but
within the same city. A branch bank as defined by these opinions
is an organization coordinate in functions with the parent bank,
operating upon capital assigned to it, and conducting a general banking business similar in all respects to that of the parent bank. The
additional offices, which under these opinions a national bank is at
liberty under certain conditions to establish, are nothing more than
tellers' windows at which none of the discretionary powers of the
board of directors may be exercised, by delegation or otherwise. A
national bank can establish, such an additional office only upon the
condition that such an instrumentality has become necessary in order
that the bank might carry on its bonking business.
In accordance with these opinions of the Attorney General, the
Comptroller of the Currency, on October 26, 1923, issued regulations
overning the establishment and the operation of additional offices
y national banks. These regulations are designed to enable the
national banks to meet, within the city limits, the competition of
State banks engaged in branch banking, in so far as they may be
permitted under the national bank act. (See Exhibit A,)
f
REPORT OF THE COMPTROLLER OF THE CURRENCY.
13
RESOLUTION OF THE FEDERAL RESERVE BOARD ON" BRANCH
BANKING.
The Federal Reserve Board has attempted to adjust the basis of
the operation of State and national banks, so far as"branch banking
is concerned, by the adoption of resolutions which were promulgated
on November 7, 1923. The report of the committee to which it was
referred and the resolutions adopted are as follows:
To the FEDERAL RESERVE BOARD:
The examination committee herewith submits to the Federal Reserve Board a
resolution, accompanied by an opinion as to its legality by the counsel of the board,
upon which it recommends immediate and favorable action. The substance of this
resolution has been a matter of long and intensive study by all of the members of the
Federal Reserve Board, and the board should be, therefore, in position to express
itself and to take a definite stand on the subject. The committee desires to submit
the following reasons for recommending this resolution which lays down certain general
principles for the guidance of the board in acting upon the individual cases presented
to it.
The organization of the Federal reserve system was possible because of the power
of the Rational Government to enforce the" cooperation of the national banks. At
its inception it was primarily an instrumentality of coordination, imposed upon the
existing national system, but the full membership of the Federal reserve system is now
composed of banks which are organized under 49 di fferent governmental authorities,
operating through the national bank act and. the banking laws of the 48 different
States. The intent of the Federal reserve act is necessarily to compromise and reconcile the operations of the banks under these 49 different sets of laws, since a rigid and
technical adherence to a detailed formula would make the Federal reserve system
impracticable of operation. "Recognizing this principle, the Federal reserve act
provided for the supervisory control of the operations of the member banks by the
Federal Reserve Board and clothed this board with certain discretionary powers over
the member banks in order that, amongst other things, it should have the duty of
seeing that the ''corporate powers exercised are consistent with the purposes of this
act,"
If a bank or a group of banks is engaged in a form of banking or in practices which
are prejudicial to the successful operation of the system, the Federal reserve act permits, and indeed requires, that the Federal Reserve Board should assert its authority
to compel conformity on the part of such member banks to the fundamental princUo.
pies upon which the'act is based, as well as to the specific provisions thereof. 'Without passing upon the question as to whether or not branch banking is in its fundamentals antagonistic to the Federal reserve system, the fact is indisputable that
certain member banks are privileged in a practice which is definitely forbidden to
other member banks and which, very naturally, has resulted in unfair competition.
This disadvantage applies with special force to the national banks which, in the opinion of two Attorneys General, have not the right to indulge in any form of corporate
activities beyond the limits of the city or town in which the bank is located.
It is the opinion of your committee that the unlimited extension of the practice of
branch banking will give to banks operating under liberal State charters such competitive advantages over the unit banks which are members of the Federal reserve
system, as to impair materially their usefulness, if it, in fact, does not ultimately
result in their extinction.
Your committee believes that it is clearly the duty of the Federal Reserve Board
to lay down a policy to the general end that all banks, national and State, may operate
for the good of the system, and that the good of the system can not be subserved by
the operation within it of a group whose activities must essentially endanger the very
existence of another group. "A house divided against itself can not stand."
The responsibility "to effect an adjustment on fair, broad, general lines is a very
great one and one which this board can not evade by a technical interpretation of
th^ law which is not based upon sound principles of equity. It is, in the opinion of
your committee, the duty of the board to lay down principles upon which member
banks may operate with a proper regard for the good of the system and to establish
a basis for a fair adjustment as between the different member banks which compose
it. Whether National or State, no bank should enter or continue in the system which
is not willing to waive such of the privileges granted to it by the act under which ife
is incorporated as may be inconsistent with the general purposes of the organization
14
REPORT OF THE COMPTROLLER OF THE CURRENCY.
to which it belongs. It is the duty of the Federal Reserve Board to prescribe the
basis for this compromise, and in so doing to insist on the terms which may be necessary in order that the compensating advantages of membership in the system may be
secured.
It is manifestly unfair for the board in its current activities to refrain from notifying the members as to such general principles it will consider in carrying out such
adjustments. It is unfair to permit a member bank unwittingly and innocently to
engage in a course which may, without warning, meet with the criticism and prohibition of the board. Therefore, the committee submits the attached resolution and
urges favorable action on the part of the board to the end that the members of the
system may know to what extent they will be limited in their activities in this important matter of branch banking, upon which the Federal reserve act expresses itself
only by implication.
It is the opinion of the committee that, in certain specific instances, the interests
of its members require at the present time a clear and definite statement as to the
limitations and the privileges which will be recognized. It is necessary and only
fair that those members which are engaged in this form of banking should be notified
in advance of the extent to which their activities may be carried on within the system
and that those member banks which are forbidden by law or have not as a matter of
policy engaged in branch banking should know the extent to which other member
banks may be permitted to compete with them within the system and the terms of
such competition. It is the opinion of the committee that the resolutions prepared
offer as fair and reasonable a basis of compromise as is practicable under the present
laws, both State and National. It will be observed that in recognition of the conditions which may exist in certain localities the State member banks would not be
affected by this declaration of principle in the operation of full branch banking powers
within the limits of the city in which the parent bank is located and in contiguous
municipalities, and that this privilege is not impaired and denied them in spite of
the fact that national banks may, under the law, engage in only limited activities
beyond the four walls of their banking house, and those only within the limits of a
single municipality. This resolution does not give the national banks facilities equal
to those of the member banks operating under the laws of certain States. It does,
however, in the opinion of the committee, relieve the national banks from the competition of State banks operating from headquarters in remote localities. The committee does not contend that it places the State member banks and the national banks
in certain States on a basis of'equality in the system, but it regards the resolution
as going as far as the present laws, both National and State, permit in producing a
condition of equitable adjustment. Complete equity can be established only by the
modification of either State or National laws, or perhaps both.
It is the opinion of the counsel of the Federal Reserve Board that the board acts
within its rights in passing the resolution herewith submitted. The committee, in
preparing this resolution, has recognized that the action advocated touches upon a
vital principle of the Federal reserve act and the fundamentals oi American banking.
It believes that its action will be sustained by the favorable opinion of the general
public, the legislative authorities, and banking sentiment. It, recognizes as undesirable, however, that in a matter of such basic importance its action be considered
as arbitrary or precipitate. It is therefore recommended that the date for the operation of this policy should be set forward until February 1, 1924, in order that the
member banks may have a reasonable time to adjust themselves to its provisions,
and that if, in its wisdom, Congress should desire to curtail or to enlarge the powers
of the Federal Reserve Board as exercised under this resolution, they may have an
opportunity to do w before it can be put into effect.
o
Respectfully submitted.
COMMITTEE ON EXAMINATIONS.
NOVEMBER 7,
1923.
RESOLUTION.
Whereas under the terms of the Federal reserve act national banks are required to
become members of the Federal reserve system and can not withdraw therefrom,
while State banks may become members by voluntary choice and jinay withdraw
therefrom at will; and
Whereas the Federal reserve act contemplates a unified banking system in which
State and National banks can participate on a basis fair to both; and
Whereas State banks in certain States have been permitted by law or regulation to
engage in State-wide branch banking, while national banks are restricted by the
Federal statutes from establishing branches or offices beyond the limits of the city in
which the parent bank is located: and
EEPORT OF THE COMPTROLLER OF THE CURRENCY.
15
Whereas the board believes that this results in an inequitable situation which renders it impossible for National and State banks to exist together in the Federal reserve
system on a fair competitive basis unless the powers of State and National member
banks to engage in branch banking are reconciled; and
Whereas, in the interest of the successful administration of the Federal reserve
system, it appears necessary a.nd desirable to confine the operations of member banks
within reasonable territorial limits; and
Whereas the Federal Reserve Board is authorized by the Federal reserve act to prescribe conditions under which applying State banks may become members of the
Federal reserve system: Now, therefore, be it
Resolved, That the board continue hereafter as heretofore to require State banks
applying for admission to the Federal reserve system, to agree as a condition of membership that they will establish no branches except with the permission of the Federal
Reserve Board.
Be it further resolved, That, as a general principle, State banks with branches or
additional offices outside of the corporate limits of the city or town in which the
parent banks are located or territory contiguous thereto ought not be admitted to the
Federal reserve system except upon condition that they relinquish such branches or
additional offices.
Be. it further resolved, That, as a general principle, State banks which are members
of the Federal reserve system ought not be permitted to establish or maintain branches
or additional offices outside the corporate limits of the city or town in which the
parent bank is located or territory contiguous thereto.
Be itfwther resolved, That in acting upon individual applications of State banks for
admission to the Federal reserve system and in acting upor» individual applications
of State bunks which are members of the Federal reserve system for permission to
establish branches or additional offices, the board, on and after February 3, 1924, will
be guided generally by the above principles.
Be if further resolved, That the term "territory contiguous thereto" as used above
shall mean the territory of a city or town whose corporate limits at some point coincide
with the corporate limits of the city or town in which the parent bank is located.
Be ii further resolved, That this resolution is not intended to affect the status of any
branches or additional offices established prior to February 1, 1924, either those of
banks at the present time members of the Federal reserve system or those of banks
subsequently applying for membership in said system.
The report of the committee and the tenor of the resolutions clearly
indicate the full appreciation by the Federal Reserve Board of the
importance of this action, and the provision delaying its operation
until the 1st of February, 1924, affords an opportunity for definite
legislation on the subject. While failure on the part of Congress
to act in the matter might be construed as a practical indorsement of
the action of the board, the status of the resolutions will be such
that any change in the personnel of the board or of the opinions of
the present membership might result in a change in the basic policy
outlined in the resolutions. Uncertainty is particularly disturbing
in banking matters, and the comptroller, speaking in the interest of
the national banks and of the Federal reserve system as well, urgently
hopes that Congress will exercise its authority to dispose finally of
this question by definite action. Complete equity will not be accorded
the national banks, however, if the resolutions only of the reserve
board were to be enacted into law. Their handicaps would be very
greatly mitigated, but it would scarcely be logical, if such legislation
were passed, not to confer by law upon the national banks the same
legal status in the transaction of intracity business that is permitted
under the Federal reserve act to State member banks. If the State
member banks are to have the privilege of maintaining and operating
branches within the confines of the municipality in which the parent
bank is located and municipalities whose boundary lines coincide at
some point, then the national banks should, in all justice, be accorded
the same privileges.
16
REPORT OF THE COMPTROLLER OF THE CURRENCY.
INTRACITY BANKING A LOCAL QUESTION.
In giving consideration to the question of branch banking, intracity blinking practices should be regarded as a local issue, It is not
logically a part of the branch bank movement. The operation of
additional offices by a bank within the limits of the city of the bank
contains no elements of danger to the banking system of the country.
Branch banking, properly speaking, is State-wide banking under
which a single bank may operate a number of branches anywhere
outside of the city of the parent bank. In this alone is the "danger
of monopolistic control of banking facilities of a community, and
it will ultimately result in the extinction of the unit banks in rural
districts.
BRANCH BANKING LEGISLATION NECESSARY.
The question whether the extension of branch banking in the United
States should be continued or stopped is now in the hands of ths
legislative branch of the Government. The executive branch hae
gone as far as it legally can to control and regulate this new development in banking. Neither the Comptroller of the Currency nor the
Federal Reserve Board has the power fully to protect the national
banks from the encroachment of State branch banking systems, nor
to protect the people of the United States from, the possibilities of
monopolistic control over their financial resources which at the present
time are handled through 30,000 or more independent unit banks.
Either the national banks should be accorded the full branch
banking privileges of the State banks and extensive branch banking
be permitted in the Federal reserve system or State-wide branch
banking should not be permitted in the system. There is no middle
ground. It is a question of either embarking upon a career of branch
banking or, for all practical purposes, curbing it.
The Comptroller of the Currency suggests that a fair and reasonable
solution of the question of branch banking in the United States can
be made by Congress through the enactment into law of the substance
of the resolutions recently adopted by the Federal Reserve Board,
at the same time granting to national banks the power, with the approval and under the general supervision of the comptroller, to
establish and operate branch banks or branch offices under similar
territorial restrictions, but definitely forbidding the establishment of
such facilities by national banks in those localities where such 'privileges*are forbidden to State banks and trust companies.
INCREASED FLEXIBILITY FOR NATIONAL BANKS NECESSARY FOR
THE GOOD OF THE FEDERAL RESERVE SYSTEM.
Although it is incumbent upon the Comptroller of the Currency to
make suggestions to Congress for legislation, and although the Comptroller believes that modification of the national bank act is desirable
in the interests of the banks, the Federal reserve system, and the
country at large, he has not at this time submitted any specific
recommendations on major questions except in connection with the
subject of branch banking. He has refrained from doing this because
of the belief that until the issue of branch banking is finally disposed
of by legislation nothing thoroughly effective can be accomplished
by other legislation. If Congress should act upon this issue and
REPORT 01 THE COMPTROLLER OF THE CURRENCY.
17
should then desire the Comptroller of the Currency to submit recommendations for amendment of the national bank act. he could then
do so with a full knowledge of conditions, and could submit recommendations after consultation with governmental, .financial, and
]>anking authorities.
.In this connection it is suggested, however, that it would not servo
the purpose to bring the privileges of the State bank in every case
down to the level of those of the national bank, It would be a great
misfortune if tlii:; wore the only way to protect the compulsory
banking membership in the Federal reserve system. The constructive course lies in relief for the national banks. Asido from tho
principle of branch banking, there seems to be no inherent basic
antagonism or difference of interest between the State banks and the
national banks.
Nothing moro beneficial could be done for the Federal reserve
system than to strengthen the national banking system. One of the
greatest handicaps under which national banks have to operate
is the rigidity, in many respects, of the national bank act. It would
be very undesirable to attempt to liberalize this act in any way that
would be contrary to its traditional principles. The act has, however, been amended from time to time so that there are now many
provisions in it which are, in spirit if not in letter, contradictory to
other provisions. There are some conditions imposed by tho act
so expressed as to compel a technical interpretation that is contrary
to the real interest of the act. There are, moreover, provisions which
are in a measure contradictory to the provisions of the Federal reserve
act, which has become a complementary act of the national bank act
and many of the terms of which are mandatory upon the national
banks. The situation is one in which clarification, definition, and
consistency, both as between the two acts and between the various
provisions of the national bank act, should bo brought about. If
tills wore done, it would, greatly relieve the difficulties of the national
bankers by introducing a greater degree of flexibility, thereby enabling the banks to meet the varying conditions of the different parts
of the country without making any com promises with sound banking.
ABSORPTION OF THE OFFICE OF COMPTROLLER OF THE
CURRENCY.
The national banks of the United States have a record of service
and accomplishment without a parallel in the history of finance.
No group of institutions operating under a single law has ever marshaled the resources and mobilized the wealth that they have done.
In this achievement the operations of all of the component banks
have been made to conform as closely as is humanly possible to a
single standard. This has been accomplished without developing
a rigidity of practice which would interfere with the independent
action necessary to meet the requirements of communities which
vary in our country all the way from the fully crystallized and finished
state of older settlements to the new pioneering and developing
sections. It is not possible that an organization with such a proud
record of accomplishment should overnight complacently surrender
its independence or could without a wrench adjust itself to either
a subordinate or coordinate relationship Math any new system,
18
REPORT OF THE COMPTROLLER OF THE CURRENCY.
however well conceived and wisely administered the new instrumentality might be.
The Federal reserve system, on the other hand, is a new conception,
controlled by men of imagination and independence and possessing
the virile and aggressive characteristics of youth. The national
banking system, which has behind it the traditions of 60 years of
successful operation, is required to compromise and conform its
policies and operations to those of this new organization. It is a
situation which must contain the elements of conflict, and the
ultimate adjustments can only be made by experimentation, mutual
understanding, and a devotion to a common cause.
As far as their governmental contact and relations with the Federal
reserve banks are concerned the national banks are represented by
the Comptroller of the Currency, and it is, therefore, but natural
that the controversies have centered about this office. This was
foreseen and the matter discussed in the debates preliminary to the
passage of the Federal reserve act. In spite of the intense acrimony
that has developed in discussions of this question as the years have
passed, the relationship between the office of the Comptroller of the
Currency and the Federal reserve banks has not varied materially
from that which was originally contemplated. It is only now becoming more clearly understood. The agitation has not, however,
entirely subsided and continues to be a source of annoyance and a
disorganizing factor in the operation both of the Federal reserve
system and of the comptroller's office. While defining precedents
are being developed from day to day and while there is no loss of
independence by the office of the Comptroller of the Currency, the
continued agitation is a most unfortunate influence, and is delaying
the time when a complete and perfect cooperation between these
two great organizations can be accomplished.
The duties of the Federal Reserve Board and the Comptroller of
the Currency are so important and the responsibilities of the individuals are so great that neither should be subjected to the constant
annoyance and disturbance of this insidious propaganda. During
the formative period it was natural and unavoidable. This time has
long since passed and the practical adjustments have been effected.
For the purpose of clarifying and defining the operation of the office
of the Comptroller of the Currency the following observations are
submitted:
The office of the Comptroller of the Currency is one of the most
independent in the Government service. It is a part of the Treasury
organization, but the comptroller reports directly to Congress, and
his appointment is made by the President on the recommendation
of the Secretary of the Treasury, to be confirmed by the Senate, and
his term is not necessarily or usually concurrent with that of the
Secretary of the Treasury. This arrangement was made with the
obvious purpose of protecting the national banks with a leadership
which would be independent of undue influence from other governmental authority. The Comptroller of the Currency should, in the
governmental organization, be the representative and the partisan
of the national banks.
The suggestion for the abolition of the office of the Comptroller
of the Currency or the transfer of the essential functions of that
office to the control of the Federal Reserve Board would, at one
REPORT OF THE COMPTROLLER OF THE CURRENCY.
19
stroke, deprive the national banking system of its independent
representation in the fiscal plan of the Government. In spite of
the fact that in the number of banks and in total assets the Federal
reserve system is more national than State, and the fact that the
compulsory membership of the national banks was the basis for
the organization of the Federal reserve system, it is now proposed
to deprive them entirely of their independent status.
The operation of the national banking system is under the most
rigid supervision. When a group of individuals subject themselves
to this strict supervision and to the laws requiring a rigid observance
of fixed principles, it is to be presumed that they should receive some
compensating advantages and that such privileges as they receive
should be of a permanent nature and not bo taken away from them
in a summary manner. The independent representation in the
Government fiscal scheme by the national banks was part of the
original contract, and while, for the good of the country at large,
the compulsory entrance of the national banks into the Federal
reserve system can bo justified, nothing can justify their reduction
from their former independent status to one of complete subserviency
to an institution which is in its nature part privately and part governmental ly controlled. The honor of the Government is involved
in the observance of all of the implications of any contract which
it made.
VIOLATION OF FUNDAMENTAL PRINCIPLE OF TRUSTEESHIP.
Assuming that the powers of the Comptroller of the Currency
should be transferred to the Federal Reserve Board, or that the
comptroller or some one acting in a similar capacity should be under
the direction of the board, the anomalous condition would be immediately created by which a trustee relationship would bo entered
into in which the trustee would have a preferential claim against
the trust which was administered. With the powers of the Comptroller of the Currency exercised under the direction of or by the
Federal Reserve Board we would have a Federal reserve system
composed of one group, the State banks, entirely relieved of supervisory regulation, and. another group, the national banks, subjected
to the supervisory regulation of its principal creditor.
With his present independent status the Comptroller of the Currency has a primary duty toward the national banks. If he were
under the direction of the Federal Reserve .Board he would be obliged
to direct the operation of the national banks in the interests of their
greatest creditor. The national banks would be compelled to carry
on their affairs under the supervision of this sort of a creditors' committee, while their competitors, the State banks, would operate
independently. While the whole principle is wrong, the discrimination would be so unfair and so vicious that the only possible way
to restore equity as between the two typos of banks would be to
subject State banks to the same supervisory regulation as the national
banks. This would probably bo impossible for legal reasons, and if
legally possible would result in the withdrawal of the State banks
from the system.
In addition to the injustice of the violation of the direct implication of a contract and the unfair discrimination as between the two
20
REPORT OF THE COMPTROLLER OF THE CURRENCY.
classes of banks, this proposal would violate the fundamental principle
of trusteeship, which is that a trustee must not have interests which
conflict with the interests of his trust; neither must he have condieting duties as between different classes of interests.
The authority and powers of the Comptroller of the Currency over
national banks is both judicial and supervisory, and if he wcre'under
the control of the Federal Reserve Board, in passing judgment and
directing operations he would do so in the position of one who had
an interest apart and often opposed to the interests of the institutions under his direction. He would be under constant pressure to
direct the operation of the national banks in the interest of the
Federal reserve banks, which are their potential and usually actual
creditors.
As the Comptroller of the Currency has the responsibility for putting
a national bank into the hands of a receiver, and for the operations of
the receiver, a dual relationship between the insolvent banks and the
Federal reserve banks would be even more impossible and reprehensible than in the case of operating institutions. The Federal
reserve banks are, in most cases, the secured creditors of banks which
fail. They have a claim on the selected paper of the bank, and their
interest would be to press this paper for payment as rapidly as
possible, regardless of the effect which such action would have upon
the depositor, who is a general creditor. In many cases it is found
that the Federal reserve bank has practically all of the good assets
and some of the doubtful ones to secure its claim. Quick action
frequently destroys equities which are very valuable to the depositors
and to the other subordinate creditors.
Bankers of the United States are trained to the point of view of
proper administration of trusteeship. It is, to my mind, inconceivable that they should, for one moment, without protest, permit a
relationship to develop which would clearly result in the creation of
a trustee who would not only have a dual relationship toward his
trust but a dual relationship for obviously conflicting interests. It
would be a national calamity to the depositing classes of the United
States if their interests were not to be represented by authority
independent of the greatest preferred creditor, the Federal reserve
banks.
EFFECT OK REMEDIAL ACTIVITIES OF COMPTROLLER.
The unadvertised but chief function of the office of the Comptroller of the Currency is keeping banks from failing, and not operating receiverships. To accomplish this the Federal reserve system
is the most valuable instrument conceivable, but to use this instrument for the protection of the banking situation the comptroller
personally and through his examiners frequently approaches the
Federal reserve banks as an applicant for the extension of credit.
Can the comptroller, in this situation, successfully sit on both sides
of the counter and represent the needy bank and protect the assets
of the Federal reserve bank from which he is trying to borrow?
It may be possible to find a few men who are of such judicial nature
that they can fight aggressively on both sides of an issue of this kind,
and if so they could satisfactorily fill this position, but it is my
observation that the type of good fighting examiner who saves banks
REPORT OF TH1-: (COMPTROLLER OF THE CURRENCY.
21
which are in difficulty is not always judicial as regards the protection of prospective creditors of the institution which he is struggling
to save. In my brief tenure of office I have found that this situation often produces conflict between the representatives of the
comptroller's office and the representatives of the Federal reserve
bank. I am glad 4that this is so. Each has interests to protect,
which interests art not absolutely identical. The results of this
healthy partisanship have been, good, and any troubles that have
grown out of it are incidental and minor as compared with what
would happen if the Federal Reserve Board were churned with
entire responsibility of relieving distress and conserving the assets
without the stimulating pressure of independent govern mental
influence. Where effective cooperation between the examiner and
the Federal reserve bank is not established under the present method
it is, to my mind, a justification for the removal of either the comptroller or liis examiner, or of the responsible official of the Federal
reserve bank. The present relationship is healthy and natural and
would not be improved by the type of hybrid comptroller that would
be under the orders of the Federal Reserve Board.
NO DUPLICATION INVOLVED.
The principal arguments adduced in favor of the abolition of tiio
office of the Comptroller of the Currency are that duplication would
be avoided and that a force examining ail of the member banks would
be more economically administered than one force under the comptroller, examining the national banks, and another under the Federal
Reserve Board, examining the State banks. It should be thoroughly
understood that under the present arrangement the examination of
the Comptroller of the Currency is for supervisory purposes as well as
for credit purposes. Examination of the State member banks by the
FederalRescrye Board is necessary for credit purposes primarily. The
reports of examinations of national banks are available at the present
time to all Federal reserve banks;and while I naturally think they are
good, I also believe that by consultation and cooperation with t lie officials of the Federal Reserve Board and banks it will be possible to effect
material improvement along the line of credit information and promoting the general liaison between the member banks and the Federal
reserve banks. It is quite possible that the large organization now
maintained in the office of trie Comptroller of the Currency might be
increased so that it could, with economy and perhaps equal cfllckiiicy,
carry on the credit investigations and. examinations now being conducted by the Federal reserve banks. I do not, at the present time,
advocate this, but it would effect the desired economies with much
less violence to the fundamentals of the American banking system
than would the abolition of the independence of the Comptroller of
the Currency. This would possess the advantage of an examination
which would be very independent, but it would possess the disadvantage of depriving the individual Federal reserve banks of control
and knowledge of local conditions through their direct representatives.
22
REPORT OF THE COMPTROLLER OF THE CURRENCY.
PRESENT CORDIAL RELATIONS BETWEEN OFFICE OF COMPTROLLER OF CURRENCY AND FEDERAL RESERVE BANKS.
At the present time the most cordial relationship exists between
the oflice of the Comptroller of the Currency and the management of
the Federal reserve banks. The Bureau of the Comptroller of the
Currency is, in times of emergency, always anxious to assist the
Federal reserve banks by the loan of examiners or otherwise, and
meets with complete reciprocity from them.
LEGAL COMPLICATIONS.
The assumption in the above is that the Federal Reserve Board
would possibly appoint, and certainly have under its control, a
single individual exercising powers to a certain degree analogous to
those at present attaching to the oflice of the Comptroller of the
Currency. An arrangement of this kind seems to me the only one
which is conceivably practical. The suggestions, however, usually
take the form of having the Federal Reserve Board, as a board,
assume the functions of the Comptroller of the Currency. All of
the arguments against the type of comptroller who would act in such
a capacity would apply with equal force if the board attempted, as
such, to perform these duties. There are, however, additional
reasons why it would be impossible for the board, either directly or
through a subcommittee, to act in this capacity. The office of the
Comptroller of the Currency has been in existence for 60 years, with
all of the responsibilities and duties vested in a single person. Around
this oflice have grown up traditions, customs, and precedents based
upon rulings and. decisions. Those have become so fundamentally
integrated with the operation of national banks and with the person
of the comptroller that it would be impossible, as a practical matter,
to attach them to the board or to a committee of the board. Many
of these precedents have been established through opinions of the
Supreme Court of the United States. The court has referred to the
comptroller as a person possessing a quasi-judicial status. What
would become of these precedents and decisions if the office of the
Comptroller of the Currency were abolished ? In other words, if the
opinions of the Supreme Court and the rulings of the comptroller's
office arc based on the general theory that the comptroller is a
single person, exercising quasi judicial, as well as executive powers
and it were attempted to transfer those powers to a board, would not
these precedents and rulings be seriously disturbed? Whoever
takes over the powers and duties of the Comptroller of the Currency
must, as a legal and administrative necessity, also take over the
status of the comptroller as evolved by customs and precedents and
as interpreted by the courts. This can only be done by an individual.
The oflice itself, therefore, could not be abolished or be transferred to
a group of individuals without annuling the fundamental purpose of
the national bank act and thereby disrupting the national banking
system.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
23
BEDTJCTIO AD ABSURDTJM.
The office of the Comptroller of the Currency has to be organized
for quick and summary decisions. A mob of depositors is never complacent enough to await the deliberations of a town meeting. If the
Federal Keserve Board is composed of the men of ability and force
of character that has typified this board in the past,eaehinember,iri
self-respect, will insist on expressing himself and impressing his personality on any proposed methods for relief, and the lire wagon, if
it arrives at all, will approach in orderly and dignified fashion long
after the last wisps of smoke have floated, away and the ashes cooled.
This statement would still be made if absolute assurance could be
given that the ablest men in the world would always sit on this board.
"Boards is boards."
INJUSTICE TO NATIONAL BANKS.
I can not resist a feeling little short of resentment that so many
suggestions and so many tendencies seem directed along lines prejudicial to the national banking system. If we are to have a national
banking system over which the Government exercises supervisory
control, that control must be in the hands of an independent executive
and not the representative of a preferential creditor. The only fair
and only logical thing to do is either to continue the present system
with an'indcpendent comptroller, or abolish the system entirely. A
man can not serve two masters, and a trustee who will act for two
conflicting interests is ipso facto incompetent either mentally or
morally.
RESPONSIBILITY OF THE COMPTROLLER OF THE CURRENCY.
The Comptroller of the Currency possesses many great emergency
powers susceptible of arbitrary and rigid enforcement, but it is not
contemplated that they should bo used in an unreasonable way, lie
should not confuse the powers which were conferred upon him. for
emergency purposes as being properly exercisablo under normal conditions. He has at times to act in a capacity that is both judicial
and executive. While conscious of the independence of his office from
the interference of governmental authority, he should realize the
more keenly his responsibility for fairness in judgment and temperance, with, firmness in execution. Ho is appointed for a specific purpose. That purpose is that he should, so far as lie can, see that the
affairs of the national banks are administered in accordance with the
law, that the safety of the depositors and creditors of the bank are
protected, and that the capital required for this purpose is maintained
unimpaired. To do this effectively and broadly he should bo concerned, not paternally but as a servant of the system in all matters
of legislation and governmental action which may threaten the
interests or promote the prosperity of the national banks, lie is
entitled to detailed information gathered by his examiners, and this
information and all of his powers should be used as a sacred trust in
the furtherance of the purposes for which they were given him. To
deviate from this course would be malfeasance"of office. To have the
right to information for one purpose and to use it for another is to be
unfaithful to a trust.
24
REPORT OF THE COMPTROLLER OF THE CURRENCY,
There has never been a time when the majority of the national
bankers of the United States desired any improper thing. To believe otherwise would be a manifestation of distrust and suspicion
toward those men, who, in the communities in which they live, arc
the most trusted and the most respected. A man does not select as
a guardian for his savings a person whose character lie does not
respect. It is an eminently respectable class with whom the comptroller has to deal in the national banks of America, and if lie does
not approach his duties with a feeling of humility he is unworthy
to exercise the powers conferred upon him. Responsibility should
be personal, and if responsibility is abused the person exercising it
should be summarily shorn of his powers.
LEGISLATION ENACTED.
Subsequent to the presentation of the comptroller's last annual
report to Congress the only legislation affecting national banks and
the Currency Bureau were those relating to State taxation of national
banks and the organization under authorization of and supervision
by the Comptroller of the Currency of agricultural credit corporations.
Section 5219 of the Revised Statutes of the United States, authorizing State taxation of national banks, provided that the shares of
stock should be included in the valuation of the personal property
of the owner or holder of such, shares and that the State might
determine and direct the manner and place of taxation of all the
shares of national banking*associations located in the State, subject
only to two restrictions: First, that the taxation should not be at a
greater rate than that assessed upon other moneyed capital in the
hands of individual citizens of such State, and, second, that the
shares of national banking associations owned by nonresidents of
such State should be taxed in the State or town in which the bank
was located and not elsewhere. The section further provided that
the real property of national banks could be taxed to the full extent
according to its value as other real property was taxed.
On March 4, 1923, the section was amended to permit the State
to use any one of three forms of taxation: First, tax the shares;
second, inclusion of dividends derived from shares in the taxable
income of an owner or holder thereof; and, third, taxation of the
income of such associations. The entire section, as amended, reads
as follows:
The legislature of each State may determine and direct, subject to the provisions of
this section, the manner and place of taxing all the shares of national banking associations located within its limits. The several States may tax said shares, or include
dividends derived therefrom in the taxable income of an owner or holder thereof, or
tax the income of such associations, provided the following conditions are complied
with:
1. (a) The imposition by said State of any one of the above three terms of taxation
shall be in lieu of the others.
(b) in the case of a tax on said shares the tax imposed shall not be at a greater rate
than is assessed upon other moneyed capital in the hands of individual citizens oi
such State coming into competition with the business of national banks: Provided,
That bonds, notes, or other evidences of indebtedness in the hands of individual
citizens not employed or engaged in the banking or investment business and representing merely personal investments not made in competition with such business,
shall not be deemed moneyed capital within the meaning of this section.
^ (c) In case of a tax on the net; income of an association, the rate shall not bo higher
than the rate assessed upon other financial corporations nor higher than the highest
REPORT OF THE COMPTROLLER <)V THE CURRENCY.
25
of the rates assessed by the taxing Slate upon the net income of mercantile, manufacturing, and business corporations doing business within its limits.
(d) In case the dividends derived from the said shares are taxed, the tax shall not
be at a greater rate than is assessed upon the net income from oiher moneyed capital.
2. The shares or the net income as above provided of any national banking association owned by nonresidents o£ any State, or the dividends on such shares owned by
puch nonresidents, shall be taxed in the taxing district where the association is located
and not elsewhere; and such associations shall make return of such income and
pay the tax thereon as agent of such nonresident shareholders.
3. Nothing herein shall be construed to exempt the real property of associations
from taxation in any State or in any subdivision thereof, to the same extent, according
to its value, as other real property is taxed.
4. The provisions of section 5219 of the Revised Statutes of the United States as
heretofore in force shall not prevent the legalizing, ratifying, or confirming by the
States of any tax heretofore paid, levied, or assessed upon, the shares of national banks,
or the collecting thereof, to the extent that such tax would be valid under said section.
NATIONAL AGRICULTURAL CREDIT CORPORATIONS.
On March 4, 1923, Congress passed an act known as the national
agricultural credit act, which authorized the organization of agricultural credit corporations with a minimum, capital of $250,000, these
corporations to be organized under and to be subject to the supervision of the Comptroller of the Currency, the comptroller being
authorized to examine them, in the same manner as national banks
are examined. Such corporations have power:
(1) To make advances upon, to discount, rediscount, or purchase,
and to sell or negotiate, with or without its indorsement or guaranty,
notes, drafts, or bills of exchange, and to accept drafts or bills of
ex eh ange, whi ch—
(a) Are issued or drawn for an agricultural purpose, or the proceeds of which have been or are to be used for an agricultural purpose:
(I)) Have a maturity, at the time of discount, purchase, or acceptance, not exceeding nine months; and
(c) Are secured at the time of discount, purchase, or acceptance
by warehouse receipts or other like documents conveying or securing
title to nonperishablo and readily marketable agricultural products,
or by chattel mortgages or other like instruments conferring a first
and paramount lien upon livestock which is being fattened for'
market,
(2) To make advances upon or to discount, rediscount, or purchase and to sell or negotiate with or without its indorsement or
guaranty, notes secured by chattel mortgages conferring a first and
paramount lien upon maturing or breeding livestock or dairy herds,
and have a maturity at the time of discount, rediscount, or purchase
nob exceeding three years.
Real estate necessary to their business may be held, and obligations
primarily secured by mortgage on livestock may be additionally
secured \ry real-estate mortgage.
Total indebtedness is limited, to ten times the amount of capital
and surplus.
Loans to any one interest are limited to 20 per cent of capital and
surplus except loans secured by nonperishablo, readily marketable,
agricultural products in warehouse, which are limited to 50 per cent
of such capital and surplus.
Such corporations are prohibited from dealing in livestock.
26
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Interest chargeable is that allowed by the laws of the State in
which located.
Bonds or other obligations of the United States equaling 7^ per
cent of its aggregate indebtedness must be kept on deposit in the
Federal reserve bank of the district in which any such corporation
is located. These bonds may be released to provide funds to enable
such corporation to protect or preserve any property pledged or
mortgaged to it.
In chartering such corporations the Comptroller of the Currency
is required to consider the extent to which the business to be transacted is safeguarded by State laws respecting warehousing of commodities and. mortgages on livestock.
Provision is made for competent and disinterested inspection of
livestock through a corps of inspectors licensed by the Secretary of
Agriculture but employed by the loan companies.
The act also authorized the organization of corporations known as
rediscount corporations under a like charter and supervision. These
corporations were required to have a minimum capital of $1,000,000,
and they were not required to maintain a deposit of bonds, but their
powers were limited to the following:
(1) Upon the indorsement of any national agricultural credit
corporation, or of any bank or trust company which is a member of
the Federal reserve system, to rediscount for such corporation, bank,
or trust company, notes, drafts, bills of exchange, and acceptances,
which conform to the requirements of loans, discounts, or purchases
by the loan companies. (Such indorsement shall be deemed to be a
waiver of demand notice and protest by such corporation as to its
own indorsement exclusively.)
(2) To discount or purchase notes, drafts, or bills of exchange
issued or dra,wn by cooperative associations of producers of agricultural products, provided such notes, drafts, or bills of exchange
are secured at the time of discount or purchase by warehouse receipts
or other like documents conveying or securing title to nonperishable
and readily marketable agricultural products and have a maturity
at the time of discount or purchase not exceeding nine months.
(3) To sell or negotiate with, or without recourse any note, draft,
or bill of exchange discounted or purchased hereunder.
Limitations as to total indebtedness or as to advances to any one
interest by such rediscount corporations are subject only to the
regulations of the Comptroller of the Currency.
Taxation of both the original loan companies and the rediscount
corporations is such only as may be provided by law in the case of
national banks.
CONDITION OF NATIONAL BANKS AT DATE OF EACH REPORT
CALLED FOR DURING THE YEAR.
In the year ended October 31, 1923, each national bank in operation was required to submit, in accordance with the provision of
section 5211 of the Revised Statutes, four reports of condition as of
various dates.
The consolidated returns from reporting national banks at dates of
the several calls during the year are shown in the following table:
27
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports of condition of national banks on dates indicated.
[In thousands of dollars.]
Dec. 29,
1922—8,225
banks.
Apr. 3,
1923—8,229
banks.
Juno 30,
1923—8,211
banks.
Sept. 14,
1923—8,239
banks.
RESOURCES.
Loans and discounts (including rediscounts)*...
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
j
Checks on other banks in the same place
j
Outside checks and other cash items
j
Redemption fund and due from U. S. Treasurer.;
Other assets
i
Total
j
H, 599,068
13,045
208,405
2,050,500
2,347.479
470; C'J4
75, ]78
1,220,847
11,007,959
]1,002
202,820
2,094,207
2,340,915
479,580
82,139
1,179,500
11,817,071
10,430
187,131
2,093,840
2,375,857
493,324
87,133
1,142,730
11,934,556
12,950
153,485
2,002,702
2,398,304
504,731
80,412
1,169,345
455,792
391,840
1,005,820
424,020
359,147
.1,033,749
390,911
29!, 108
910,014
463,456
361,485
960,769
316,906
777,572
70,088
02,221
30,825
205,947
300,990
520.224
57; 390
53,942
3(5,895
154,902
295,000
480,333
08,283
71,578
37,108
140,043
292,974
481,585
49,560
59,403
36,934
144,162
21,974,957
21,612,713 I
21,511,760
21,712,876
1,317,010
1,075,545
528,924
723,819
28,109
1,035,901
1,319,144
1,007,052
486,172
728,070
20,5J7
1,015,525
1,328,891
1,070,010
476,205
720,001
24,194
838,227
1,332,394
1,068,320
523,010
731,479
29,763
905,104
1,691,307
218,464
287, 733
9,535,995
4,318,736
304,176 ,
17,420,481 \
34,015 I
1,644,488
148,477
176,155
9,180,024
4,580,210
264,279
17,036.281
34', 080
1,540,777
54,123
199,064
9,288,298
4,755,102
192,135
10, 897,980
34,952
1,510,573
130,547
167,157
9,331,368
4,864,309
101,649
17,040,680
36,983
2,9-18 !
4,101
2,977
2,750
310,781
370,105
370,921
352,995
202,421 j
200,467
352,801
400,799
4,S89 '
5,542
8,569
7,503
200,873
26,144
43,956
172,208
30,409
45,230
145,786
18,897
51,430
21,012,713
21,511,766
21,712,876
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits, less expenses and taxes paid.
National bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to other banks, bankers, and trust
companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings)
United States deposits
Total deposits
United States Government securities borrowed.
Bonds and securities (other than United States)
borrowed
Bills payable (including all obligations representing borrowed money other than rediscounts)
Notes and bills redk-countcd (including acceptances of other banks and foreign bills of
exchange or drafts sold with indorsement)...
Letters of credit and travelers' checks outstandAcceptances executed for customers a n d t o
furnish dollar exchange (less those purchased
or discounted)
Acceptances executed by oilier banks
Liabilities other than ttiose stated above
Total.
199,844
23,031
70,049
21,974,957 j
1 Includes customers' liability under letters of credit.
CONDITION OF NATIONAL BANKS, SEPTEMBER 14, 1923.
The combined resources of all reporting national banks, September
14, 1923, were $21,712,876,000, or $786,777,000 greater than on
September 15, 1922.
Analysis of items of resources and liabilities follows:
28
REPORT OF THE COMPTROLLER OF THE CURRENCY.
RESOURCES.
LOANS AND DISCOUNTS.
Loans and discounts, including rediscounts of $400,799,000,
amounted to $11,934,556,000, showing an increase during the vear
of $698,531,000.
The percentage ratio of loans and discounts to total deposits,
September 14, was 70.04, compared with 67.69 September 15, 1922.
OVERDRAFTS.
Overdrafts increased between September 15, 1922, and September
14, 1923, from $12,141,000 to $12,950,000.
CUSTOMERS' LIABILITY ON ACCOUNT OF ACCEPTANCES.
The liability of customers on account of acceptances executed by
reporting banks and by other banks, for the account of reporting
banks, amounted to $153,485,000, compared with $171,190,000
September 15, 1922.
UNITED STATES GOVERNMENT AND MISCELLANEOUS BONDS AND
SECURITIES.
Holdings of United States Government securities were increased
in the year $200,270,000, and amounted to $2,602,762,000 September
14, 1923.
Other miscellaneous bonds, stocks, and securities amounted to
$2,398,304,000, and show an increase in the year of $108,522,000.
BANKING HOUSES AND OTHER REAL ESTATE, ETC.
Banking houses, furniture, and fixtures were valued at $504,731,000
September 14, compared with $459,020,000 a year ago, while other
real estate owned was increased in the year from $67,789,000 to
$86,412,000.
LAWFUL RESERVE AND ITEMS WITH FEDERAL RESERVE BANKS
IN PROCESS OF COLLECTION.
Although aggregate deposit liabilities show an increase in the year,
the net deposits, including deposits of nonmember banks in Alaska
and Hawaii, on which reserve was required, September 14, 1923,
amounted to $12,277,560,000, compared with $12,051,224,000
September 15, 1922. The actual amount of reserve required was
reduced between September 15, 1922, and September 14, 1923, from
$1,136,691,000 to $1*135,859,000, and the reserve of member national
banks with Federalreservebanks, September 14, of $1,169,345,000, was
$62,759,000 less than a year ago.
Items with Federal reserve banks in process of collection show an
increase in the year of $44,533,000, and amounted to $463,456,000
September 14, 1923.
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
29
CASH IN VAULT.
Cash in vault was increased in the year from $331,951,000 to
$361,485,000.
BALANCES DUE FROM BANKS AND BANKERS.
The amount due from national banks was $960,769,000, or
$102,926,000 less than a year ago, while the amount due from banks
other than national was $292,974,000, or $6,567,000 less than on
September 15, 1922.
EXCHANGES FOR CLEARING HOUSE.
Exchanges for clearing house show a reduction in the year of
$133,186,000, the amount on September 14, 1923, being $481,585,000.
MISCELLANEOUS ASSETS.
Assets consisting of items not included under the foregoing classification aggregated $290,062,000, and show a reduction in the year
of $36,613,000.
LIABILITIES.
CAPITAL, SURPLUS, AND UNDIVIDED PROFITS.
The average book value of national bank stock at $100 par, September 14, 1923, was $219.43 compared with $220.97 September 15,
1922.
'
Capital stock paid in and surplus funds show increases in the year
of 825,272,000 and $26,123,000, respectively, while undivided profits
show a reduction of 816,037,000. Capital stock amounted to $1,332,394,000; surplus funds, $1,068,320,000; and undivided profits,
$523,010,000, on September 14, 1923.
CIRCULATING NOTES OUTSTANDING.
The liability of national banks on account of circulating notes outstanding, amounting to $731,479,000, September 14, was greater than
at the date of any call since March 4, 1915, when the amount outstanding, largely due to the issuance of emergency currency under
the act of May 30, 1908, was $746,517,000. The increase in the
amount of circulation outstanding in the past year was 84,690,000.
DEPOSIT LIABILITIES.
Aggregate deposits were $17,040,530,000, showing a slight reduction since December 29, 1922, at which time the amount was $17,420,481,000, but an increase over the amounts reported April 3 and June
30, and an increase in the year of $441,768,000.
Of the total deposits balances due to correspondent banks and
bankers show a reduction in the year of §270,838,000; demand deposits, including United States deposits, an increase of $17,457,000,
and time deposits, including postal savings, an increase of $695,149,000.
30
REPORT OF THE COMPTROLLER OF THE CURRENCY.
SECURITIES BORROWED.
Liabilities of reporting banks for United States Government securities borrowed amounted to $36,983,000, and for other miscellaneous
bonds and securities, $2,750,000. Both of these items show reductions during the year, the decline on account of Government securities was $1,121,000 and other miscellaneous bonds and securities
show a reduction of $240,000.
MONEY BORROWED.
Obligations on account of money borrowed in the form of bills
payable September 14 amounted to 8352,995,000, and incident to the
rediscount of notes and bills, $400,799,000. Bills payable and rediscounts show increases in the year of $171,230,000 and $153,240,000,
respectively. The amount of bills payable was exceeded, however,
at dates of the two preceding calls, but the liability on account of
rediscounts was greater than at the date of any call since December 31,
1921, when the amount was 8523,606,000.
BANK ACCEPTANCES AND OTHER LIABILITIES.
Acceptances executed for customers and to furnish dollar exchange,
and by other banks for the account of reporting banks, amounted to
$164,683,000 compared with $183,369,000 September 15, # 1922.
Letters of credit and travelers' checks outstanding, amounting to
$7,503,000, show an increase in the year of $864,000, and liabilities
not enumerated above were $51,430,000, or $326,000 less than a
year ago.
AGGREGATE ASSETS AND LIABILITIES.
The aggregate assets of national banks September 14, $21,712,876,000, were in excess of 'the amount reported at the date of any
call since November 15, 1920, with the exception of December 29,
1922, when the amount was $21,974,957,000, and show an increase
in the year of $786,777,000.
Statement showing the principal items of resources and liabilities
of national banks in each State, Alaska, and Hawaii, at close of
business, September 14, 1923, follows:
Principal items of resources and liabilities of national banks September 14, 1923.
[In thousands of dollars.]
i
Number of
banks.
States, etc.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total NewStates
,
60
55
47
157
17
62
Loans,
United
States
including
overdrafts. securities.
61,144
34,894
30,831
736,756
39,268
132,329
Other
bonds,
stocks,
etc.
Due from
Cash in banks and
vault. other cash
items.
Surplus.
Profits.
Circulation
outstanding.
Total
deposits.
Bills
payable.
Rediscounts.
Total
assets.
15,719
12,888
6,948
109,330
9,283
35,972
35,674
11,158
14,341
130,472
12,662
29,059
i,985
1,831
1,028
14,382
1,492
5,809
11,146
8,534
5,144
156,150
7,492
31,683
7,345
5,365
5,110
67,867
6,320
21,312
4,935
4,416
2,577
53,341
4,575
15,776
4,422
2, 713
2,141
36,614
4,847
9,932
5,540
5.071
4^215
21;259
4,705
12,S28
104,679
51,654
43,286
842,093
50,359
181,009
713
1,928
1,005
10,369
459
3,051
857
311
1,013
55,255
295
1,595
128,567
71,613
59,778
1,222,367
71,759
245,933
190,140 i
233,366
26,527
220,149
113,319
8:">, 620
60,669
53,618
1,373,030
17,525
59,329
1,800,017
316,128
85,054
353.311
2,607
33,595
20,041
507,139
182,256
527,452
5,385
40,070
11,976
47,065
14,108
46,536
505
4,258
2,957
805,211
70,117
372,900
2,057
41,871
17,728
221,477
34,977
139,259
1,710
18,154
8,027
268,809
30,813
191,515
1,927
16,657
6,268
126,481
15,536
72,653
869
7,799
2,381
77,910
16,748
95,080
1,125
9,956
5,654
3,623,725
5S9,778
2,088,927
16,534
213,082
101,229
83,945
10,661
55,896
270
10,376
4,336
67,564
3,214
9,197
328
7,756
1,877
4,571,937
703,503
2,671,783
22,696
285,663
130,819
1,110,736 | 1,274,278 j 115,429 1,309,884
423,604
515,9S9
225,719 I 206,473
8,633,275
165,484
89,836
8,386,401
279,594
156,676
123,105
93,330
117,344
116,084
113,272
45,111
84,690
64S.95-1
65i 275
102,821
163,187
12,631
5,790
6,096
1,488
2.403
2\ 716
1,695
1.046
l',355
17,646
1,508
9,767
5,130
11,772
1,945
10,639
3,849
8,175
1,223
3,579
3,871
7.779
18; 553
3,538
7,756
390,464
204,315
175,122
129,074
167,190
141,905
155,278
61,360
115,173
860,173
87,938
267,588
220,782
69 ? 271 | 88,848
2,976,362
England
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
Total Eastern States . . .
Virginia
West Virginia..
N o r t h Carolina.
South Carolina.
Georgia
. Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States.. =
399 I 1,035,222
515
241
869
18
85
14
»,372,182
330,899
1,271,314
11,431
156,835
68,336
1,742 i 4,210,997
180
12.5
83
84
97
58
106
31
34
569
89
138
105
258,171
128,137
117.018
811623
109v874
72,588
SI,801
36,323
70,561
488,713
54,022
163,262
139,394
1,811,487
41,061
23,641
16,569
13,482
16,488
23,510
19,550
6,350
13,038
100,416
11,565
38,673
23,576 j
347,919 |
19,651
16,645
5,269
6,033
4,529
16,156
10,996
6,821
4,301
23,343
3,419
21,199
11,878
6,610
50,801
4,078
23,864
3,422
24,818
18,942
2,105
25,727
3,470
20,809
3,186
3,724 I 23,608
8,602
1,245 i
2,264 I 16,402
189,625
16,890
13,536
2,138
31,788
5,427
32,899
4,053
150,240 I 58,612
481,481
29,654
12,801
13,505
12,480
13,641
9,240
13,325
4,635
8,950
72,765
7,813
18,446
17,164
234,419
22,642
10,464
8,3 TO
5,981 |
10,862
3,652
8,034
2,625
5,187
36,206
3, -184
12,995
9,236
139.73S
9,201
22,239
5,281
10,557
4,072
8,712
2,619
7,355
4,087
10,480
2 746
5.794
4,552
10J269
1,040
2,855
1,892 | 4,434
18,136
45,099
1,914
4,347
6,679
16,100
4,197
13,270
66,416 j 161,511 | 2,199,443
a
o
g
O
o
Kj
CO
Principal items of resources and liabilities of national banks September 14, 1923—Continued.
to
In thousands of dollars.!
States, etc.
Loans,
United
Number of including
States
banks. overdraft:?. securities.
Ohio.
Indiana
Illinois
Michigan .
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States..
North Dakota
South Dakota
Nebraska
Kansas.
Montana.
Wyoming...
Colorado
Now Mexico.
Oklahoma
Total Western States ..
Wa^huvton
Oregon
California.
Idaho.
Utah
Nevada
Arizona.
Total'Pacific States ....
Alaska (nonmember banks)..
Hawaii (nonmember banks)..
Total (nonmember
banks)
Total United States
Other
bonds,
stocks,
etc.
Duo from
Cash in banks and Capital.
vault. other cash
items.
Surplus.
Profits.
Circulation
outstanding.
Total
deposits.
Bills
able.
Rediscounts.
Total
assets.
o
367
250
f>04
119
155
344
350
133
505,842
218,151
931,276
234,925
232,15S
364,290
251,441
321,637
114,266
57,562
169,862
47,992
35,883
71,765
47,188
63,731
126,566
45,896
125,185
63,442
36,414
45,886
21,421
39,110
20,076
12,702
31,857
7,749
7,391
8,486
7,236
6,256
128,264
55,934
304,817
69,256
57,065
102,760
55,975
114,398
63,210
32,572
94,817
24,200
25,275
40,266
26,835
42,488
45,712
15,703
70,838
16,565
14,090
22,4S4
14 720
18,281
26,752
8,280
41,218
9,324
8,807
11,950
6 109
12,777
47,579
28,618
33,586
13,375
15,271
16,814
19 297
18,649
705,538
304,414
1,314,552
372,806
311,217
503,978
318,500
442,897
10,948
5,197
21,516
1,482
1,448
8,927
4,324
4,590
16,580
8,201
13,300
3,100
6,382
9,265
8,496
16,843
928,503
407,028
1,617,844
442,459
384,281
618,532
399,330
561,820
2,222
3,059,720
608,249
503,920
101,753
888,469
349,663
218,393
125,217
193,189
4,273,902
58,432
82,167
5,359,803
1S2
130
182
266
117
45
143
41
455
65,483
63,618
161,755
134,173
56,391
41,577
i:>G, 171
28,0S9
215,159
4,983
4,499
11,654
13,426
7,517
2,815
27,698
1,259
24,5S4
1,336
1,366
3,945
5,066
2,187
1,657
6,519
8S0
7,0«3
3,453
2,859
9,847
9,556
3,437
2,623
9,771
1,377
8,255
750
747
5,087
3,749
1,248
517
2,958
352
2,827
4,795
4,145
9,311
11,032
3,519
2,554
6,218
2,237
11,592
76,447
75,263
201, 548
185,641
70,317
52,440
216, 523
27,961
302,318
2,767
1^890
4,438
860
2,368
439
3,137
1,224
3,906
2,798
4,245
9,065
2,496
4,144
868
3,258
4,054
10,253
98,380
95,239
257,069
234,240
92,385
62,942
255,217
40,329
370,449
902,416
98,435
30,039
12,174
12,824
47,923
44,062
13,737
10,438
47,354
4,616
72,861
265,992
7,245
6,058
17,535
18,198
7,305
3,445
12,900
3,050
30,110
1,561
8,047
7,047
21,490
25,932
7,545
4,300
31,070
3,036
34,247
142,714
105,846
51,178
18,2So
55,403
1,208,458
21,029
41,181
1,506,250
116
98
271
73
22
11
20
150,590
100,292
583,648
37,049
28,175
9.230
16,036
925,020
38,433
26,157
116,735
6,105
8,379
2,428
3,174
29,855
18,734
79,653
3,508
2,399
1,173
1,563
5,687
3,933
15,431
1,287
706
449
1,044
17,338
12,470
62,840
4,885
4,100
1,460
1,700
3, 755
2,377
18,580
568
S65
163
318
7,878
5,657
3S, 695
2,988
3,299
1,203
1,066
246,352
160,413
815,535
45,694
40.163
13,321
22,432
2,383
1,094
12,780
3,963
539
15
480
4,773
1,207
30,369
1,625
552
64
848
292,244
189,151
1,034,506
61,708
51,251
16,886
27,852
199,411
136,885
20,626
60, 786
1,343,910
2J,254
39,438
1,673,598
829
1,815
1,087
2.506
106
1,074
63
65
59
440
2,603
5,859
611
3
2
28,537
55,192
33,147
193,354
9,996
9,962
2, S93
4,324
308,868
H>4, 793
7,417
5,661
38,729
1,917
1,530
645
903
50,802
178
410
671
1,581
150
600
80
520
5
2,614
3,593
1,180
588
2,252
750
600
i28
499
8,462
8,239
11,947,506
2,602,762
2,398,304
361,485
3,477,095
1,332,394
1,068,320
523,010
731,479
17,040,530
2,955
7,490
10,445
352,995
400,799
21,712,876
H
O
*j
H
w
t=J
a
o
M
hj
H
W
H
o
d
33
REPORT OF THE COMPTROLLER OF THE CURRENCY.
NATIONAL BANK LIABILITIES ON ACCOUNT OF BILLS
PAYABLE AND REDISCOUNTS.
Between December 20, 1922, the date of the first call covered by
this report, and September 14, 1923, aggregate liabilities on account
of bills payable and rediscounts of national banks in each Federal
reserve district, excepting the seventh district, show an increase.
Liabilities on this account, of banks in the seventh or Chicago district, were reduced in this period from $72,512,000 to $68,657/000.
The total liabilities on account of bills payable and rediscounts of
all national banks, exclusive of banks in Alaska and Hawaii, nonmembers of the Federal reserve system, September 14, 1923, are
shown in the following statement, by Federal reserve districts, as of
the date of each call during the report year:
Total borrowings of national bonks on account of bills payable and rediscounts in each
Federal reserve district at date of each call during year ended September l.j, 1923.
\\\\ thousands of dollars.]
District
No. I..
District
No. 2.
District
No. 3.
District
No. 4.
District
No..",.
District
No. 6.
Dec 20, 1922:
Hills payableRediscounts
10,990
32.997
101,759
35,095
39,2S0
8,289
23, 906
IS. 905
2S. 430
28,2S0
•"», 820
15,395
27,307
45,143
Total
49,993
139, R14
47. 509
42,901
36,710
21,215
7*S!2
Apr. 3, 1923:
iU'ils payable
Kedi^coiiuis
1S. 090
$0,830
1,13.905
59,751
52.719
9.900
20, 504
15.303
25,295
24,13i
Tol.nl
59, .120
203.719
62,025
35.807
49, -129
13,707
80.793
June 30, 1923:
IMil^ payable
Re.dise.oi nils
21.340
50,-130
103,307
47,837
64.067
9.351
31,217
22.679
34,930
3:5,517
5. 580
10'.Si;f>
25,535
32. 07<)
Total
71.770
1.11. Ml
73. 1!S
50. 026
08.-1 S3
Sept. ! J, 19:23:
mils payable
Kctliscoii M s
t
10.0*0
59.2!6
91.517
09,731
15, 85(1
K, 3S5
2S. 2 (8
JO. 921
39, i Si. >
37.S38
•2i); 7 !>i
:'.!), lilt
:.N.0i3
76 190
Hil 'MS
" 4 211
>
4« l(>9
77 3IS
39 103
OS A;«7
District
N o . 11.
District
N o . 12.
Tot M
l
-- --
4,486
9 28 L
District;
No. 7.
15.491
44,2:MJ
57 09.1
12, iw
District
No. 8.
Dec. 29.1922:
mils payable
Rediscounts
Total
Apr. 3. 1923:
Hillspavable
'''{"discounts
. . . ...
District
No. 10.
15,05!
o, i u
1.3,574
.17, 883
U,.!21
20. 10S
5. 1.93
12! 080
15.591
22,013
310.781
202;42L
21.702
--
District
N o . 9.
31,457
31.319
17,273
37,007
573.202
9,513
12,210
11,072
15,193
9, G G
O
16.570
0, 024
if), .I'*?
22.137
27, 395
370,J63
290.107
T(H:il.
Total
2'.723
20, 805
20,230
21,010
49,532
OGi). i)32
June 30, 1923:
Hiils payable
Rediscounts
13 035
10.095
17, 711
19.900
13.027
3!,, 059
Jl.SOI
25,441
25.102
40,9S1
37(5, 921
352.80L
Totvil
;}•) 73o
37. 0.10
45,2S0
37,242
06,083
723,722
Sept. 11, 1923:
HMl'naya^le
Rodiseouu ts
.1.7.521.
25, 190
10.27S
20,005
13, 191
29,883
19,797
26,036
21,006
39,17-5
352, 995
400 ; 799
Tote 1
42,711
3f>, 943
43,074
45, 833
60,241
753,794
34
REPORT OF THE COMPTROLLER OF THE CURRENCY.
LOANS AND DISCOUNTS OF NATIONAL BANKS, JUNE 30, 1923.
The loans and discounts of national banks, including rediscounts,
amounted to $11,817,671,000, June 30, 1923, showing an increase in
the fiscal year of $569,457,000. Of the total loans and discounts,
§3,563,654,000 were eligible for rediscount with Federal reserve
banks. Loans secured by bonds and other Government obligations
aggregated $259,797,000, of which $25,665,000 represented loans in
excess of 10 per cent of capital and surplus, made in accordance with
the provision of the act of September 24, 1918.
The largest percentage of loans and discounts was on time paper
of individuals or firms, not secured by collateral, and amounted to
$6,176,743,000. Time paper secured by stocks and bonds amounted
to $1,519,317,000, and demand paper secured by stocks and bonds,
$1,463,203,000. Loans secured by real estate aggregated $462,737,000, of which $246,624,000 were reported as secured by farm
lands.
A classification of the loans and discounts of national banks in
reserve cities and States. June 30, 1923, follows:
Loans and discounts of national banks, June 30, 1923.
[In thousands of dollars.]
On demand.
On time.
II
II
1 l!
!
Cities, States, and
Territories.
IS
"
I
Si
Secured by im- Secured by real estate
proved real esmortgages or other liens
tate under auon realty not in accordthority of sec.
ance with sec. 2-1. Federal
24, Federal rereserve act, as amended.
serve act, as
amended,
1. For debts
2. Allother
previously
real estate
contracted
isec.5137,
loans.
R . 8 . , U . S.).
g»J(M
•ss
1
!
ill
•a .a ©
\ 9
m
«3«
CENTRAL RESERVE
CITIES.
New York
Chicago
„Total
229 26,210 2. 476
!
1,171 '189
; 51.518
I 3t;913!
450,671 54,029
104,977 33,587
857,867
2G3, 069
300,520!
65,839 :
i 83,4311
5T)5,&18| 87,616|l f l2l,f)36
306,3o9i
127,S92J
9,183
950!
323]
213
13,786!
1,397';
6,631!
2,744;
4,513!
5,50()|
4,526!
2,3501
1,276
12,472
4,S69;
17:
87:
3381
473!
65'
80.
465,717 36,662
199,992 19,076
4
1,272
925; 2,375,398J
665,709 55,738
1,276
152,756 5,980
15,252i
929
15,622
15,517
129,779! 13,354
61,886! 4,547
26,6191 3,504
11,465! 1,441
20,44i! 1,1S5
12,250
803
16,234!
465
10,315
179
8,000
169
20,821;
793
349
137J
56,885;
2,229!
1.921J
1,891
45,9681
2{>,66ii
7,217i
5.988;
13)293;
5,574
4,950!
1,744
1,518
8,501
S30 1,827,033
95 :
5 i 8,365:
2,665|
81,442
46,450
OTHER RESERVE CITIES.
Boston
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas
:
i
!
!
!
i
|
i
•:
;
i
j
40,114 :
2,000:
85
4,785
24,313
12,951
4,233.
3.875;
2,560;
1,551:
613;
175!
1,463"
1,882;
61,53S 15,673;
16,367 1,4J4|
5,334
350|
12,834
250
74,492 10,647
62,509 2,293
16,793 2,296
15,769 2,499
3.137 1,210
lj624 2.10 4
1,990 1)201
236
99
2,250 2,441
l,47o|
755
250,880 :
20,512:
23,775!
20,90-ti
245,530
98,276
66,352
35,031
36,061
28,474,
11,140|
17,9541
13,73Si
24,942|
9
193
94l"
163
66
755J
508
190
!
21
!
363;
i 1,133!
769
143
62
518
46
239|
235
446j
45i
!
5SS|
3,07715,720 1,027
9,665
48
40
216
125 1,467| 1,186
267
3-iOJ" "333
220
325'.
10
286
5
15|
174
300
457;
3.
19 r
517:
469,596
43,679
31,947
41,858
419,314
205,191
104,965
67.077
61,837
45,328
28,645 :
°2 754
22! 729',
52,283,
188
743
1,770
26
17
Loans and discounts of national banks, Jane 30, 1923.
On time.
On demand.
i5§
i
Cities. States, and
Territories.
m
iff
II
ff
oo
2 r
Secured by im- : Secured by real estate
proved real es- i mortgages or other liens
tate under au- j on realty not in accordthority of sec. j ance with sec. 24? Federal
24, Federal re- j reserve aft, as amended.
serve act. as S
amended.
!
1. For debts
2. Allother
', previously
real estate
contracted
(sec. 5137,
loans.
R. S.,U. 8.).
I!
u
it II
2
p
SB
a*
3
•^2
ill
n -,
m
•
OTHER RESERVE CITIES
continued.
El Paso
Fort Worth
Houston
San Antonio
Waco
Little Rock
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Moires
422
2,128!
149}
2,751'
1.09S!
'76Sj
82:
1,680:
173:
87SJ
6,1no;
:
2,ooo
3,483;
3,747;
2,77l!
1.036,
1,822;
722
361
9,640
10,6211
1,975]
228!
3.").
979
485j
521!
2.351J
1,312:
3.'HI
1221
493|
219!
201 i
882!
6,110
908;
6731
079:
2,250 1,3921
18,371 l,015i
10,327
4 S31
10", 110
cioi
7,51Si i,i23:
2 1021
719:
1,815
54Oi
3,04S
958!
7,804
4591
360
9,977 1.1491
8,023' 5; 582!
5,210, 1.424;
'390!
6lsl
921!
'JS
13,213
14,508I
2,120:
27'.247|
1410441
0,090
3,402
32,812
6,40lj
20,531
39,305
24.875
20', 044
H, 879
27,289
13,375
S,229
47,161
11,803
53,977
51,117
29.237
5; 771
9,067
6,098
400
13,359
2,703
1,103
397
13,810;
1,845
5,874
18,910
8,747
11,461
2,382;
7,-lOS:
0,800!
2,445;
31,752;
5,030!
9,574|
9 4281
8,1€3 !
4,73$
5,415.
3,087.
7,870'
90 . . .
9,905
5,449...
1,324;
1,358'
5,291 . . .
2,653 . . .
3,296i
4,242
1,431
2,391
270
4,740
2,313
1,310
3,177
176
6,017...
21,436
:
7,771!
1,014!
4,314.
39
8
10
4.
321!
31
20
.225! !
429,1.
969!
4
109
IT23:
041
47
8
5.
301
7: 1,200
3|
319
20; - 91
27:.
158
20;
119
390:. ......
4,318
172
39
306,
143
51
Hi
13:
1,429:.
509;
27
2
1,201:
"ii'i
10:
7;
42
775!
51
612
40
477
625
116
36
53
166
720
82
59
20,385:
34,312
124|
102!.
311
27i.
.1.
' "356
314 y.'."\
33
305
16
6
239
2
2!
7
231 l,800i
5i
91!.
15 J
i
2031
15
' 10
16
1
150
314
1701.
816
23i
4
527
231
30
5,888
59,106
25,533
10,699
5,807
61,050
12,980
34,412
88,718
54,015
48,536
23,899
45,991
26,127
17,808
93,423
19,238
90,373
111,966
54,252
13,819
23,715
5.459
15,283
4,972
21,581
9,264
3,812
2,559
7,546
5,949
10,901
32,460
13,582
10,336
7,250
17,712
8,417
8,586
20; 447
4,400
22.838
31', 270
17,400
2,675
11,186
olo . . . . . . .
58
200
616
91
223
30
1,403
317
6,224
593
2,697
1,008
1,533
738
293
1,542
MS
734
1,434
1,618
6S
157
5
85
4:25
S91
832
200
50
33
710!
5,351
441
1-1,791
268
3,013
240
2 \2
588J
l
Dubuque
Sioux City
Kansas City, \fo
St. Joseph
St. Louis..
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
penver
Pueblo
Muskogcc
Oklahoma City
Tulsa
."
Seattle
Spokane
Tacoma
Portland
Los Angoles
Oakland
San Francisco
Oplon
Salt Lake City
Total o t h e r
cities
SO
377
0,256,
'6SS;
7,750!
205«
104!
49
2,437
1,503
10, •-•.uv
30.000
1
I. ;, 0:>2;
71,599 I
8,1(10!
33, 017
2.. 230
1,263,
10,106
2,509
22,456
2,952
411
5,025
349
17,571
2,141
2,583
10,911
6,886
8,721
4,510
1,790
9,739
13,775
3)5
16, Ml
700;
3,577i
!
8, 24O
2,3(55
17.735!
2,53t)j
4,506;
9
l ll, 0 9 2||
23,2111
27,0]
16,7611
4,510:
2S. 125'
85',109
0,983
110,135
2,731
201
reserve !,
227,s79;
20,0S9
91,21,
17,006;
163,070:
11,835,
72.825:
6,786.
"312
18,357:
3,418;
63,386 ;
o,74.8'
10,386:
29,897j
46,019i
56, 603,
26,607!
11,973|
50,908|
148,900:
19,283;
228,358 !
4,676
17,726:
1.672:.
' 75 .
L
25.L .,
03
03
815
; 234
432.
270i 6,8-131
,70
5,184:108!.
28,989'
659;.
2,039 ;
120 j
1S5 .
7,067,
133 j
1,300;
22,430' 2,506
2,645
54
2,421
97
S',636;
273
7,1111
287
20,793! 1,497i
213!
9,881I
1051
' 266;
830
22,000
34,126 2,092
' 84
4,249
62,955 3,746
30
1,181
275
6,676
24,381 17,595 3,095;
24,772! 18,7S3 3,095.
Total all reserve ciiii^.. : 3ll,:JI0Jl, 037,32S
9,43322,3881 5,312 J.379| 3,7-10,783 1,175,652 79,167
9,7)62 497709;77977J 2,304
400
12
32
800
385
2
100
8,0S3
,841,15(3! 134,905
^
COUNTRY BANKS.
%
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Tot'il New
States
New York
N ew Jersey
Pennsylvania
Delaware
Maryland
9,22
8,494
3.3G9i
22, 760
1,91 VI
20,8Gi.i
...
29,787
11,81.1
15,696
151,4SO
27,307
71,933
10
101
30
173.
5
713,
England ,
! 43,262
150j
23l
> i
j 28,514
61.474;
! 83.9831 101,996,
1 \, 3S7j
2,045:
!
i, 984"
5,884
T o t a l E a s t e r n S t a t e s . . . . 159,355: 224,733 J4,704
2
10.
2:662.
S, 128'
49|
1,667!
m
'^
187,513
329,51L
f>,100
27,159
802,791
1f>!f()73
2,285i
4341
3,217,
469.
1,044!
9,474;
12,814!
20,565
lio1,172
1,364
3,785;
300j
4051 2,540
63
6301 4,187!" 3 8 ;
i|
51'
66
89'I
152
34 o!
2! 8
23,192'
7,419^
44,140. 2,828:10,7X1.
36!
3,90l! 1,032'
150!.
1,235, 1,351;
3,112' 148!
1,951 : 2,082;
10.
i
!
164
.
9C6J 4,602 3,581 i
18
1
1
96i
38,
103!
552,722
13,593'. 1,604
7,437; 1,472'
9,538
988
77,095.! 5,322.
12.353;
671L
35; 2S5| 2,320
28
2i)2
328
517
'366
155,301! 12,377
1,370
428, S71
327, 781
644, 264
10, 221:
49,301
133.267; 8,421
85. 955- 7,887:
131. 034: 16'919.
2, 717;
242;
11, 123;
909;
2,593
965
2,684
68
193
4j 1,460,438
364,126134,37s 1
6,509
1
1
2-
279!
i
59,77134,511
30,751
255.171.'
40'. 035
132)480
1
1
O
O
B
3
P
Loans and discounts of national banks, June 30, 1923.
o
C
VI
%
1. For debts
2. All other
previously
real estate
contracted
loans.
(sec. 5137,
Ii. S., U. S.).
Cities, States, and
Territories.
if
III
£
Secured by real estate
mortgages or other liens
on realty not in accordance with sec. 24. Federal
reserve act, as amended.
,
11
10 p
by I
nee.
Secured by improved real estate under authority of sec.
24, Federal reserve act, as
amended.
00
GO
1
1
6,471
4,216
2,350
1 733
2,497
205
2,390
333
872
10,280
89.1
89.1
7,557
2,442
3,504
7, 470
1,576
2.533
j 43,127
; 8, J66
27772
27,772
,572
6,529
11,260
10,2911
34,026
3,32
9,110
10,669
3,669
10,476;
1516
:
1,677
4,136
1,170
1,470
9,443
198
6,540
444
2,459!
1,327|
l,44Oj
1,589|
2,185
548
1,874
783
1,297
5,465
1,330
897
231
125,669
76,976
73,340
36,263
35,449
27,601
30,358
19,758
28,691
107,919
2-1,957
63,275
63,859
33,067
30,744
19,113
12,699
5,421
5,959
5,482
3,484
5,587
13,862
5,115
12,028
12,813
ll,783i
2,
11,
20,07
9,
6,01.51
17,967i
7,525!
7,258;
77,790
9', 675
5,374
5,986
3,102
708
1,711
1,591
1,750
837
1,087
625
645
2,123
1,
2,231
822
3^867
1,180
2,893
888
803
4,538
139,159.
118,046:
188,613.
36,059;
22,886:
23,416:
22,406!
17,8941
5,671
5,179
18,262
3,889
10,477
35,740
19,144
6,956
6,459
8,41.7
4,597
4,858
11,466
4,185
997
2,682
138
2,246
614
1,282
610 1,440
659 3,319
202
1,109
850 1,609
904
608
494 1,301
1,233 10,528i
729 1,823*
1,173 1,452
780
7-16
©o 3
•/\ mm
192,269
56,815
127,722: 21,265
114,423: 37,959
81,415! 30,556
64,761
27,228
46,525
18,636
66,776
33,115
35,927
14,934
48,345
16,281
243,890 105,858
47,476
20,712
101,447
24,698
89,076
42,373
4,268
7,286
2,497
527
579
966
988
618
202
1,466
430
1,984
1,004
53,447
50,664
90,331
28,710
42,921
54, Sf>9
74,266
5,956
3,756
4,357
2,324
2,679
1,354
2,012
25,107 14,36l| 1,525}
Total Southern States..
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
1,891
887
667
1,560
1,462
5631
814
586^
•178!
3,793;
39Oi
636
634
94,379
86,82.1;
128,220|
7,039
3,989
1,923
7,193
3,160
3,293
1,290
2,6411
3,317!
4 492!
459|
1,161
8.5(50
2,504
1,486!
2,133j
646
860
] , 555
282,061
174,603
288,309
123,432
144,917!
188,007
191,523
H
O
COUNTRY BANKS—COIltd.
Virginia
West Virginia
N o r t h Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
i
616
728
703
483
113
204
Missouri....
oisi Middle Western
StatesHo
N o r i h Dakota
South Dakota
Nebraska
Kansas
Montana
Wyom ing
|
I
j
!
Colorado
New Mexico
Oklahoma
3,
I.
2.
oj
4,
'••
O
J.
1.
4,
Total Western States...
Washington
Oregon...
California
Idaho
Vtah
Arizona
j
:
2
(>:
22,
:
g
1
Total Pacific States
i 3.'
A l;K-ka ( l i o n m e m b e r
0
" lawp.i i ( n o n m e m her
1
banks)
Total ( n o n m c n i b e r
bunks)
Total country banks
Total United States
3801
1
122, 226T~425, 87-r
66
6111
741
82,995i3,124,781.!\ 620,158! «31,482: 100,384- • 106,40,1 102, 567! 49,159 7.298! 13,439 11,105 3,415.
99513,124,781 620, 1581 63.1,482: 100,38-1 106,40,1102,567! 49,159
202: 5,701,490|l, 722,293 99,227. 16,306
:
±
-__^__J.
"33, .53611, 463,203 276,090JG, 176,713 1 519,3l7il 111,273 108.892 125,070 127,339,7)7, 942 .0,393; 23,101 60,874 11,392 2, 506 11,817,67113 563,654 234,132, 25,665
4
CO
CO
40
REPORT OF THE COMPTROLLER OF Til 13 CURRENCY.
CLASSIFICATION OF LOANS AND DISCOUNTS FOR THE PAST
THREE FISCAL YEARS.
Very little change is rioted in the character of the loans and discounts of national banks in the past three fiscal years.
The majority of the loans of these banks are on time paper with
one or more individual or firm names, not secured by collateral, the
percentage ratio to total loans, June 30, 1923, being 52.27, compared
with 51.73, June 30, 1922, and 54,68, June 30, 1921. Loans and
discounts, secured by improved and unimproved real estate under
authority of section* 24 of the Federal reserve act, show increases
June 30, 1923, over the amounts reported for the two previous fiscal
years. Loans on demand, paper with one or more individual or
firm names, not secured by collateral, show an increase in the past
fiscal year, but the amount of acceptances of other banks discounted
and acceptances of other banks purchased or discounted show
reductions.
The amount and character of loans and discounts of national banks
for the last three fiscal years is shown in the following table:
[In thousands of dollars..]
June,"JO, 1921.
Class.
Amount. ;
|
June|30, 1022.
Per
'
Per
Juno 30, 1923.
Amount.
i
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) Farm lands
(b) Other real estate
2. All other real-estate loans—
(a) Farm lands
(b) Other real estate
Acceptances of other banks discounted
Acceptances of reporting banks purchased
or discoi mted
Customers' liability on account of drafts
paid under letters of credit
Total
Per
cent.
0.21
12.38
079,704 ;
1,151,114
I
5. 00
9. 59
057,298
1,408,309
342,394 j
2.85
270,583
0,504,414
1,548,053
54. 08
12. 90
5,818,207
], 499,092
51.73
13.33
6,176, 743
1,519,317
52. 27
12.86
1,320,323
1.1.00
1,112,434
9.89
1,111,273
9.40
.77
.50
101, 795
87,035
.90
.77
108,892
125,070
.92
1.06
93,042
60,02--1
5. 84
12.52
733,53G
1,403, 203
270,090 !
2,34
1
60, 895
45,695
.51
. 38
100, 784
00,351
.90
.54
127,339
67,942
1.08
.57
7,724
12,857
94,470
.00
.11
.79
6,522
14,804
75,906
.00
.13
.67
10,393
23,101
60,874
.19
.51
10,429 !
.14
31,911
.28
11,392
.10
7,347
.00
3,123
.03
2,506
.02
! 12,004,515 I 100.00 . 11,248.214 I 100.00 : 11,817,071
100.00
REPORT OF THE COMPTROLLER OF THE CURRENCY.
41
COMPAEATIVE STATEMENT OF LOANS AND DISCOUNTS, INCLUDING- REDISCOUNTS, MADE BY NATIONAL BANKS
DURING PAST THREE FISCAL YEAES.
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 1921 to 1923, inclusive:
fTn thousands of dollars.]
Loan?.
June 30, 1922.
Juno 30, 1021.
Banks in—
!
|
For
I Amount, j cent;.
New York
Do
Chicago
St. Louis i
Other reserve cities
All reserve cit-ios
Country.
Total United Stales
2,202, 205
i ° 99')
A mou i
0,519, 521
991
1,827 053
15. 16
755 005
21. 49
2, 375 398
20.10
29.35
3,222,921
2S. G5
3;7i0,783
31.05
54.31
4'). 09
5,077,0S0
5, 270,228
(i. no 181
53.15
4(1. S5 5, 70S. Utfj
100.00 11, Si7 (>7i
51.75
48. 25
'> \, 00
J78
1^.83
I Per
1 cent.
Per
cent;.
« 002,213
>
IS. 35
Juno 30, 1923.
12,004, 3lo 100.00
'I, 2-18,214
100.00
i D e s i g n a t e d ns " reserve p i l y , " clTcd-ivc J u l y 1, 1922.
COMPARATIVE CHANGES IK DEMAND AND TIME DEPOSITS,
LOANS AND DISCOUNTS, UNITED STATES AND 0THE&
BONDS, STOCKS, ETC.S FEOM JUNE 30, 1919, TO JUNE 30,
1923.
The trend of individual deposits in national banks, loans and
discounts, investments in United States Government and other
miscellaneous bonds, stocks, etc., and fluctuation in amount of
lawful reserve with Federal reserve banks, in years ended June 30,
1919 to 1923, is shown in the following statement.
In the period covered, the high point in the demand deposit
liability was June 30, 1920, when these deposits amounted to $10,219,824,000, showing an increase over the amount June 30, 1919, of
12.23 per cent. The amount June 30, 1921, however, shows a 14.78
per cent reduction over the previous year. A slight increase of
5.08 per cent is shown by the returns for 1922 over 1921, and an
increase of only 1.48 per cent in the past year. Time deposits, on
the other hand, have shown consistent increases since June 30, 1919;
the increase June 30, 1920, over 1919 was 25.16 per cent, and a 6.03
per cent increase is shown hj the returns June 30, 1921, over 1920;
an increase of 11.26 per cent June 30, 1922, over 1921, and an increase of 15,64 per cent June 30, 1923, over 1922.
The increase in individual deposit liabilities, and the greater
increase in time than demand deposits had the expected effect on
loans and discounts, for while the increase in the latter between
June 30, 1920 and 1919, was 23.68 per cent, a reduction of 11.87 per
cent is shown between June 30, 1921 and 1920; a reduction of 6.30
42
REPORT OF THE COMPTROLLER OF THE CURRENCY.
per cent between June 30, 1922 and 1921, and an increase of only
5.06 per cent in the last fiscal year.
Investments in United States Government and other bonds,
stocks, etc., although showing a reduction of 17.06 per cent between
June 30, 1920 and 1919, and a reduction between June 30, 1921 and
1920, of 3.85 per cent, show an increase of 13.37 per cent in the year
ended June 30, 1922, and an increase of 11.10 per cent in the last
year.
The change in the classes of individual deposits has contributed
toward affecting the amount of lawful reserve with Federal reserve
banks, for the aggregate on June 30, 1923, was $8,869,000 less than a
year ago. While the increase between June 30, 1919 and 1920, was
3 per cent, the reduction between June 30, 1921 and 1920, was 16.47,
and was followed by increase between June 30, 1922, over 1921,
of 10.71 per cent.
Comparative changes in demand and time deposits, loans and discounts, and United
States and other bonds, stocks, etc., from June 80, 1919, to June 30, 1923.
[Tn thousands of dollars.]
Per
Per
Per
cent
cent
cent
ininin:
crease
crease
crease
(
i (+)
(+)
June 30, or de- June 30, ; or de- June 30, or de- June 30, or de1922. crease
1920. crease
1923. crease
1921. i crease
(-)
! (.-)
(->
(-)
since
since
j since
since
.1 une
June
June
June
: 30,
30,
30,
30,
1921.
1919.
1922.
: 1920.
Per
cent
increase
Juno 30,
1919.
Demand deposits
Time deposits
Loans and discounts *..
United States and
other bonds, stocks,
etc
Lawful reserve with
Federal reserve bank.
1
t>
9,106,192 10.219,821 +12.23 8,709,825-14.78 9,152,415 +5.081 9,288,298 : +1.48
2,784,940 3;4855011+25 16 3,605,806 + 0 0 3
2784940 3;485,5011+25.16 . 3605806 +0.03 4,lll,95i; + ll.26 4,755,162 + 15.64
,. ,
, , ..
, ,
.
11,013,227 13,620,634 +23.68 12,004,515 -11.87 11,248,214; -6.30 11,817,671! +5.06
5,017,521 4,186,465-17.06! 4,025,081 -3.85! 4,563,325+13.37 5,060.703+11.10
!
;
i
!
i
i
1,208,969 1,245,233 +3.00 1,040,205 -16.47j 1,151,605+10.71 1,142,736 —.77
Includes rediscounts and customers' liability under letters of credit.
UNITED STATES GOVERNMENT SECURITIES HELD BY
NATIONAL BANKS IN RESERVE CITIES AND STATES.
National bank holdings of war issues of Government securities,
with the exception of Liberty loan bonds, show considerable reduction in the year ended June 30, 1923. The increase of $408,387,000
in the amount of these securities held June 30, 1923, compared with
the amount a year ago, is accounted for by an increase of $345,751,000
in short-term Treasur}^ notes issued subsequent to the signing of the
armistice; an increase of $81,385,000 in Liberty loan bonds, and an
increase of $72,932,000 in pre-war issues of Government securities,
consisting principally of old United States bonds deposited to secure
circulation.
Classification of these securities held by national banks in reserve
cities and States, June 30, 1923, follows:
REPORT OF THE COMPTROLLER OF THE CURRENCY.
43
United States Government securities owned by national banks, June SO,
[fn thousands of dollars.]
Liberty
loan
bonds,
Cities, Slates, and Territories.
War
United
savings
States
Short- All other
issues of
certificertifiterm
cates and cates of Treasury United
States
thrift indebted- notes.* bonds.
ness.
stamps.
Victor)T
notes.
issues.
Total.
CKXTRAL RKSKRVl-: CIT1KS.
New York
Chicago
'
30
1
205,591
Total
1% 661
8,930
31
0 8S1
4/J7O
51J020
^4/24 7
5/W 832
6S/)73
14,251
330,093
5r,.x:U
607,405
2,-UM
487
254
5
3,786
1,826
745
210
52
40
220
840
10
2,293
14,804
2 S7o
1*231
3 159
30,149
27,840
4 825
2,474
1,271
'847
3,927
697
1 839
6,660
373
5
2 522
OTHER RESERVE CITIES.
Boston
Albany.
Brooklyn and Bronx.
Buffalo
Philadelphia.
Pittsburgh. . .
Baltimore
Washington..
Richmond
Atlanta...
Jacksonville..
Birmingham
New Orleans
El Paso
Fort Worth.
(Halves ton
Houston..
.
.
Waco .
Little "Rock
Louisville
Memphis
Nashville
Cincinnati
Cleveland.
Columbus
Toledo.
Indianapolis
(hie ago
Pooria
Dotroit
Cii'and Rapids
nil?
'818
•1ti3
6.050
4^712
\
1
4
I
4
14
1
1
1
1
3
1
3
1
5
1
4
3
1
1
8
8
2
1
42
J5
2
4
24
6
11
2
ii
10
14
J
1,358
1,032
1,615
3 , «v77
53ti
A 953
' 626
15
1
167
9/149
1,097
r,'_>7
3,8Sl
O k l a h o m a Ciiy
.
95
902
3s8
804
1,11s
' '-»39
•I. O K )
40
' 308
421
450
6. 103
'727
357
•i 618
89
J. 975
' 982
4 006
4.733
r 215
1,019
170
2 M)3
12,532
1 S*))!
'81.1
11,900
2,511
1,710
3os
i
37V)
375
051
I
i
1
4
37'
190
>
>
1
8 909
512
397
8,010
2
10
("•, 6 5 3
1
2 790
453
3 620
8,691
21,124
7 972
6,978
2.484
2' 936
l'«70
1,753
1,965
6,283
1 630
1.600
' 4 15
5,295
4, 162
1 800
3s5
4,571.
930
2,918
•1^877
4,107
2,742
8 2*3
2/290
2 754
2,020
2,249
4 100
3; 197
2,052
' 835
772
200
976
2 , .'MM
880
11,711
63()
3,237
63
118
25
1.314
400
67
117
6,910
124
475
535
391
7,477
213
363
903
209
2,691
1
5,662
2
1.021
1
604
302
1,09*
' SOO
375
1, S30
475
3,353
6,918
313
10,507
100
372
521
1. 151
1, 7W)
2.214
2,221
2,359
710
2,562
6,458
1,760
19.0S3
809
2,1 !0
398
755
1,983
21,125
335
1/202
233
1.010
5, 780
523
' 305
1
110
i'V-river
Pueblo
°, ''79
' 1ST
.S i>02
I 208
327
Lincoln..
Omaha
Kansas Cilv. Ivans
Topeka
Wichita
Helena
1,95;
' 150
75
59
198
50
311
1
2,499
4S2
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
l.)es \foines.
Dubutwe
Sioux City
Kansas City, \fo
St.. Jo^eoh
Tulsa .
Seattle
Spokane
Taeoma
Portland . .
Los Antrele^
Oakland
San Francisco
Opden
Salt Lake City
27,792
2,727
2,571
2 510
20,223
44,980
7 957
9,301
4,844
270
3,869
1,115
1,906
4 506
901
1,922
369
4,481
1 553
101
346
4,348
1,238
1,672
7,609
7,484
3 491
2,%1
2 173
4 947
1 376
50,223
8 8S7
4,516
9 299
02,863
9*775
21 199
I S 964
8,652
4 094
9,686
4,411
5,721
19,742
2 532
6,422
996
17,339
6,482
2,398
1,240
.15,528
2,945
5/290
'>:> 035
12,560
.10,480
7^073
15 ' x )4
13,105
'•? "t<H
8 739
23.635
20,566
4,484
7,317
1,833
3,670
12, 109
2,321
35,650
1,675
U),357
972
2,147
1.771
933
19.810
1,893
2,657
fi, 801
4,512
20,762
3,271
2,164
14,710
25,693
4,057
51,741
1.244
4,318
Total other reserve cities .
290,350
466
82
58,145
231,191
220,112
800,340
Total all reserve cities....
-195,941
497
87
72,396
561,884
276,916
1, ; 07,751
44
EEPORT OF THE COMPTROLLER OF THE CURREXCY.
tiled States Government securities owned by national banks, June .10, 1923— Continued.
[h«. thousands ofdolbirs.]
Cities, States, and Territories.
i Wi-r : United
Liberty
All other
Short! savings j Slates
loan
issues of
' Vietorv I ccrlili- j cerlifiterm
bonds,
notes.' ] catesan.d ! cates of Treasury
;
all
; States"
1
i thrift
indcbioci- not i --.'
issues.
| bonds.
staTiips.
noss.
Total.
COUNTRY BANKS.
6.904
4, SSS
1,920
24,744
New Hampshire
Vermont
Massachuse^f s
Rhode Island
Connecticut
13,820
Total New England States.
New Vork
New Jersev
P enns v 1 vania
Delaware
Maryland
.
Virginia
West Virginia
North Carolina
South Carolina . . .
Georgin,
Florida
Alabama
Mississippi
!
O
2
3
5
2
1
971
370
43
2,214
70
1,523
2 430
1,892
412
15,444
1 .1.79
7; 096
6 009
5 782
4.395
1.9,171
4 SOS
.13.848
15 638
12*946
6,871
61,587
() 2^3
36,299
55,213
130
13
4,197
28.752
54,013
142,624
53,851
42,312
89,274
1,1SS
4', 871
253
705
123
15
1.7,137
18,097
2
5,5'»2
4,159
11.525
'113
2S4
1,42.1.
37,651
20.055
72^ V50
"l',J83
4.207
114,505
85,956
202,956
2 606
10,785
l,08L
133
2.1,673
00. 507
i 35,855
416,808
5
9
9
S74
733
475
310
000
1,902
1,372
703
1,504
1,4 10
2,402
21,174
11,110
9 458
8 791
S',081
5'. 149
9,222
8,982
0.1H
4 352
2,707
5,9r>8
3; 439
2,135
2,50!
8,181
3 801
8,437
2,200
•
SS
2
•
9--)
:
33
3
11
5
15 i
16 :
15 :
14
S
87
J
*" j-22
1 022
1,487
"4'116
12',"»96
10.248
32 717
23'OM
16 6^8
14* 506
13,049
14,596
15,732
6,642
7,758
47,662
11 048
25'691
15|399
Toial Southern States
Ohio
Indiana
195
1
9
20
2 439
1, ."20
2,353
08,222
.
1^590
704
072
5,990
010
9 q:U
571.
309
197
21,'$4(1
21, (.27
133,301
215,062
22,ISO
1")'. 503
. .
199
41.
09
15
50
50
1"
2,549
4! 284
2. MS
2,372
2,900
0, 167
4,007
13,262
1,910
4,832
31,278
23.014
28^618
10,053
12,447
1.2,458
17,139
12
01
20
83
17
19
5
23
171
•- S-J9
62,734
44,537
75,377
25,001
28;372
27,826
2^ 03 J
14,672
457
405
19,S36
39.0H)
1.40,879
307,153
12
78
8
18
4
2
457
775
1.013
' 920
487
0!5
210
2,087
522
5,050
4 387
7.152
101311
3,772
5,391
2,400
8,90l)
8,4.79
7' 208
11,-111
17 834
6,910
4 035
10,010
3,121
21,177
'>•-)' 0 3 i
Michigan
Wisconsin
Minnesota
low a . . .
Missouri
Total Middle
States
5
101
9
191.499
. . .
Total Eastern States
Texas
Arkansas
Kentuck v
Tennessee
10
•
--
10,I5N
8 05'?
7 34" 1
8', 7 i!
4 (522
9
Q
T,'r25
1 * y 10
.%081
3,010
Western
North Dakota..
South Dakota
Nebraska
Kansas
Mori Lana
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada. .
.
Arizona
Total Pacific States
Alaska (nonmeinber banks)
Hawaii (nenmember banks)
Total(nonmemberbanks).
LOO,500
2.335
l',8iO
2,7S3
4 -IS!)
2,121
954
3,334
542
9,0 is
0
1
20
32
20
13
1,592
013
157
1,027
27,983
152
77
0,008
5,895
50,070
90,245
18
8
SO
10
13
24
41
726
370
2,502
2,345
854
3.406
' 80
2
1
40
15
310
503
3,348
4,428
18,375
3 9 90
' 595
1 9:59
1,271
13,725
11.518
42,958
5 500
1*252
2' 417
3,358
83
4,239
7,506
32 ; 546
80,728
1
1
50
731
292
510
977
2,498
7,275
5,831
18,428
1 99.8
013
903
1,243
36,224
b
1
12
2
9
9
130
634
1,250
Oj ( ; - 9 5
1,890
2
50
731
802
3,475
Total country banks
487,597
2,265
910
77,709
.170,088
54.7,526
1,286,095
Total United States
983,538
2,762
997
150,105
731,972
824,472
2,693,846
KEPOKT Or THE COMPTROLLER OF THE CURRENCY.
45
INVESTMENTS OF NATIONAL BANKS, JUNE 30, 1923,
The total investments of national banks June SO. 1923, amounted
to $5,069,703,000, exceeding by more than half a billion dollars the
amount a year ago. In the current fiscal year holdings of United
States Government securities increased &40S,887.000. ivnd other miscellaneous bonds, stocks, and securities 897.991,000.
Each class of miscellaneous bonds shown in the following classification shows an increase in the year, with the exception of State, county,
or other municipal bonds, which show a reduction of 812,598,000;
collateral trust and other corporation notes, a reduction of 832,847,000,
and foreign government bonds a reduction of $8,331,000.
Comparison of the investments of national banks June 30, 1922 and
1923. and classification of miscellaneous securities, with the tolal of
United States Government securities held by banks in rosc.vvc cities
and States. June 30. 1923, is shown in the following statements:
[In t h o u s a n d s of dollar:;.]
D o m e s t i c securities:
S l a t e , c o u n t y , or oilier rrmnic-inal bond<
.Railroad b o n d s
O t l i c r>ub lie-service ('-oiTiorulio.i] !>on<i>
Ali oiiior b o n d s
*
Claims, w a r r a n t s , j u d g m e n t s. o!c
Collateral \ru>\ a n d *;< her ••or!).»r;'! inn no!c<
Foreign ^ovemu;on!. bon<.is
Oilier foreign b o n d s arid securi! io<
Slocks. Federal reserve bank
Si<x.'l->. a l l o - h e r
:
|
:
\
:
-11*.-414
4**'>. -i">'A
Ms. •{,"/>
-12:.'. < = M)
S", 727
I(>S. 0^2
U*2.0"> t
ST. S'.>"»
V..« ">7.3
"•'.' i 7 ' )
40J.8J0
521; 200
<¥), 2r>2
V 55, Zl?>
(JO, W 2
;* 7 ~>, S".7
TJnite-d Si
i\< of a i l
United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June 30, 1923,
[In thousands of dollars.]
Foreign government bonds.
Domestic securities.
United
States
1
Other
Govern- 1 State,
public
ment ! county, Kailst rvl( e
securi- | or mu' '
road
ties. ! nicipal bonds.
~ i bonds.
bonds.
Cities, States, and Territories.
CENTRAL RESERVE CITIES.
New York
Chicago
Total
OTHER RESERVE CITIES.
Bostou
Albany
Brooklyn and. Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Kock
!
Total
bonds,
stocks, Total all
securibonds
| Collator- B JT* S
i
ties, etc.,
and
:
! al trust -o?... :=„„ Bonds I
Stock of Stock of '• Claims,
other
securiof other I
.JudgFederal other
warthan
ties.
foreign securiother ! reserve corpora- rants, ments.
United
govern- j ties.
tions.
etc.
b o m l s . ! bank.
States.
tion
Govern- inents. i
notes.
ments.
Other
foreign
;
H
W
ft
\
i
: 53S, 832 |
!
34. 772
I 007,405
43.663
76,422
14,930 :
2,62L ,
2,289
15,748
1.8.062
11.648
2.733
14.511 i
79,013 |
17,219
63,. 810 j
14.381
6,147
.1, 521
373
1,470
9.233
3.960
1,259
2,971
11.4
6.271 !
2,353
188
128
188
2.667
1,649
'725
424
349
195
.101.
1, .176
2,020
10,931 i
6,825 I
8*2 :
2 :
11,253
290
12,793
237
235,026
46,177 I
16,716 I
3,196 j
17,756 j
844
11,543
13,030
281,203
11,751 •
J87 ,
5 i
14
76
31
30
573
58
3
.191
11
6
15
11,757
1, 248
793
213 |
15,400 |
8,570 |
.1,264 !.
526 i
1,100 j .
2,456
892
250
1,348
2.979
2,535
1,123
652
126
1,154
347
314
540
2,919
932
115
5S3
76
2,205 !
773,858
114,750
c
h
i
5(), 223 :
8,8S7 |
4,516 j
9.299 i
, 62,863 :
! 98,775
21.499
• .18. 964
;
8.652
4,094
9,686
4,411
5,721
19,742
2,532
i
6,422
'•
996
17,339
6,482
2,398
J,240
949
2, 713
851
749
5,337
1,982
3,813
1. 168
' 357
639
2, 101
369
468
23
6
15 L
87
114
43
7, 298
1.896
'689
1,846
16,568
15,793
2,353
3, 277
375
40
57 L
267
26
89
40
j
68
14
17
20
50
38
3,322 j
666 I
3.197 !
10,129
18.556
3.056
2,657
433;
424
1,329 •
1.144 I
'242 j
1.4S0
' 1.1.6
219
231
237
05
i
i
!
|
!
26 I
99
lit
33 i
78
186
24
320
192
78
26
150 I
2,204 (
2,082 |
" 306 j
238
445
198
49
120
127
110
199
240
17
1,189
104
36
14
.
;
;
23
3
" " 20*6'i
34 :
93 :
129 !
4.S8
139
131
.
;
'
62
33 j
295
S02
1,483
18
67
220
.16
6 :
117 ;
21
11.7
50,212
12,453
4,103
9,765
68, 102
56, 269
14,020
12, 692
3,386
1,581
4,966
2,235
1,138 i
2,294 !
1,212 j
2,413 j
465 ;
2,119 !
662 I
136 !
149 ;
100, 435
21,340
8,619
19,064
130, 965
155, 044
35, 519
31, 656
12,038
5, 675
14,652
6, 646
6, 859
22,036
3, 744
8, 835
1, 461
19,458
7.144
2,534
1,389
o
^
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis. .
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Prul
..
2.945
5.290
23 035
. .
Des Moines
DubiK|ue
Sioux Citv
Kansas Citv, Mo
St Josenh
Ft. Louis
Lincoln
Omaha
12.560
10 4S0 i
7 073
15,294 !
13.1U5 1
5 5X0
:
:
18,991 I
3 594
8 730 1
''3 635
?i) 506
4.481
7 317
1.833 j
3,070
12 409
2.321 !
35 656 i
1,073
10 357 •:
'•
Topeka
"Wichita
i felena
Denver
Pueblo
2.147
1 771
933
19.810
I 893
2, 657
6, 801
4,512
20,762
3.271
2.104
14 7iK
25; 093
4 057
51. 711
1 244
4.318
:
. .
Oklahoma Citv
Tutei
Seattle
'.
i
Oakland
•>an Francisco . .
Ocdcn
Salt Lake City
' .._!
5,121
' "4
4.192
208
1 432
4 8°1
CM
621
007
960
107
2,955
' 36
7 038
1 215
972
!
Portland
13X
906
5.422
2,971
3 249
i
1
;
i
1
:
1,059
9 (;99
S
4.232
1.054
129
4.938
i
510
;
4.756
201
;
992
."• 051
;
'A, 067
1746
5,221
3,784
49
172
0
793
141
1411
T>0
039
1,323
170
300
1,154
I 856
59
1 50
|.».)
209
5 356
281
2 036
OS
1
17
1,697
' 5S5
82
167
1.651
70
9
1 050
318
Total other reserve cities. ." 800,346 i 102,929
82,584
!
Total all reserve cities.... . 1., 407, 751 ! 140,592 161,627
418 :
60S j
sos :
' * ) • " >
!
1.007 i
3.462 i
37" '
750
62fc i
1 114 !
'872 '.
206 1
!
319
!'>••{
89
2. 234
79
313
:
2,654 .
249
:
:
2 866 1
250 !
309 !
1.908
510
M
107
119
1.002
161
13
131
97
1,955
04.
•
•
'
i
:
:
,
•
746
17
.1,416
1 °04
4 154
1 71S
864
1.703
4. 121
' 375
242
707
765 :
2,131.
823
337
35
399 '
S98 :
873 !
174 !
5 051 !
1.183 '
1 142
233 :
17 1
70 i
2,223 1
247 ;
439
4:;3 I
1,258 i
80 .
391 :
2 518 •
3,694 :
54 S '
2 424 :
26
418 •
163,8b!
232
'*)3
:
3I0
152 !
156 :
450 :
102 '
111 :
171
79
102
413
145
802 '
61
96
10 :
843 !
39 ;
40
1
51 !
87!
261
171
60
''09
7°
1°
358 :
280 :
613
80 ;
!50 •
202
856
9
9
3,38
3S3
2.023 .
4
207
295
239
24
17 '
118
1 413
16
267 I
280
96 •
56 .
210
989
21
2S0
JS
1
217
38
H3
689
8
615
158
188
1
'
:
:
106
396
828
333
179
826
1,166
1,362
269
34
i
I
i
|.
1
110 j
825 '
395 :'
71
2 351 :
27
113
146
158
1,560
' 102
175
"'I
10
18
229
82
10
34
102
090
10
-
35
300
is
Si
•
653
-
19
1
10
30
59
35
0
24
14
40
8
15
21
74 N
100
0
50
:
06
175
.17
105
.,-
40
•
1.47
91
3,964
165
40
94
290
105
410
88
14
200 •
20
''IS
:
pi
•X)
54 •
160 I
173
471
101
•»
751
96
23
34
99()
359
1 357
076
668
409
69
•15
117 :
1 405
60
61
rot
502
2 074
256
40
•V)
002 '
325 •
73 :
359
61 :
1 078 '
73
320
39
34
110
23 :
268
1
302
34 •
62 i
75
y
3X9
113
142
65
149
3S6
70
11
746
17
10.203
427
4,424
15,2H3
13,462
8 829
4 334
G, 132
10, 046
2 089
8,020
2. .549
4 801
10.642
5.098
.1,333
1 769
2.057
1 969
5,079
0X1
26,059
2.405
5'. 793
017
1,373
2 900
632
14,154
2,948
529
6. S49
3,119
12.209
1.061
1.020
9,181
10,331
25.73L
3,372
9,714
38 318
26.022
19 309
11 407
2l', 4 20
W
29,151
7 675
g
2
27.617
6,143
13 540
34.277
25.604
5,817
9.086
3.890
5 039
18,088
3.002
61.715
4.080
16.150
1 589
3,520
4 071
1,5('>5
33.964
X
Z
3,180
13.650
7.031
33,031
4,332
3,784
C
T~2
X
~~
^
~
^
^
H
~
~
LU
C
'T1
r:
+
23,897
T
36,024
0,872
71,117
1.536
5.789
Cl
r:
S
^
;
.100
3 ()99
54
70
124 .
28
7
19.076
'292
1,471
20,680
52.550 ; 100,071
09,709
204 '
82
180
31. 243
18,747 ;
1,091
50,853 |
040
25,251.
10,200
502,899
1,303,245
>H
35,001 ;
47, 959
21,913
1,093
OS, 609 ;
1,484
36,794
29,290
784,102
2,101,853
j<
1 422 •
35
•>•;(•)
:
17
785
10
9
United States Government, domestic, and foreign bond?, sccurifks, etc., oumedby national banks June SO, 1928—Continued.
00
[Jn thousands of dollars.]
Foreign, government bonds.
Domestic securities.
United
States
(< over n- I State,
inetit !
securi- 'I county,
or muties.
nicipal
! bonds.
Cities, States, and Territories.
Total
bonds,
Other
stocks, Total all
foreign
securibonds ties, etc., bonds
and
and
other
securisecurithan
ties.
ties.
United
States.
i
Other
public
Railservice
road
bonds. corporation
bonds.
All
other
bonds.
Stock of ;toek of Claims,
Federal other
warreserve corpora- rants,
tions.
bank.
etc.
Collater- Bonds
«Uh<;
al trust Russian, Bonds
and
German, of other
Judgforeign
oilier
menis. corpora- or Aus- governtrian
tion
Govern- ments.
notes.
ments.
COUNTRY HANKS.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
;
I
|
i
j
15, G3S
12,940
G, 871
01,587
9,283
30,299
Total New England Slates. \ 142, G24 :
293
89
96
1,652
74
517
39
180
IS
1
253
34,512 | 57,017
39,392 j
3,702
2,721
499 I
71,352
50', 393
121.813
55. 803
34, 504
L0L,30:; ;
799 :
7.075 I
2.582
1)915
5.613
J08
307
2,098
1,572
42
148,021 | 199,004 j
10.525
8, 136
2,741
1,198
090
592
573
542
291.
535
220
25S1
2,040
304
671
739
340
585
472
477
210
259
74
054
614
161
611
128
100
145
244
353
990
737
305
1,342
7,124
! 1.14,505 : 19,390
i 85,950 j '!•>, 473
P e n n s y l v a n ia
Delaware
Maryland
202, QW • tff 8S2
!
2,fiO6 :
3S7
I 10,785 :
2,075
f, 143
0,342
74,207
2<:>0,043
\~~XLT\7
1>. S27
j 23,034 ; T, 879
J 6,628 ; 2,159
! 14,506 I 1,824
13,049 '< 184
! 14,596 i 3,502
15,732 i 2,587
|
0,642 i 3,369
7,758! 1,048
...
47,602; 2,859
I 11,0-18 I 1,425
;
25,091 ' 1,550
2,224
2,125
230
019
210
1,397
1,038
301
48
292
20
2,172
T o t a l E a s t e r n S tales
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
352
292
226
1,458
320
.1,108
5,092
.1,934
2,953
13,501
1,920
9,040
New York
New Jersey
j 4.10,808 .
8
0,082
2,887
3,329
20,529
1,497
4,408
1,435
570
250
2,504
1,023
14 105
3.357
'6,023
24,054
5, J K>
0,033
41,358
29,600
09.378
I',537
0,148
J, 944
2,723
250
382
90
798
377
180
78
102
90
1,680
4,558
5,951.
572
1,302
557
1,350
1,351
1,027
198
1,430
404
2,707
U
181
157
018
038
1.366
'"'nb'
2,043
581
250
053
JIT
8,044 i
7,405 .
22.150 !
'503 |
717 ;
1,033
39,485 j
1,508
18
117
101
9
720 j
355 !
43
11
1,702
24
19
J00
05
16" i
30;.
525
057
87
22
88
700
1,932
571
914
5,103
800
15,484
11,102 i
759
1,217
3,292
800
1,784
0,432
500
2,070
2,191 !
395 !
728 1
4,995 '
1,413
1,440
10,727 j
4
25, 424
12,835
24,478
313
1,022
35, 403
J 0,903
14,134
81,001'
12, 813
2<S84I
1,347
i n c\ru
i! 12,978
4,449
! 16,147
20!
|
;
959
i
j
;
i
i
64,672 i 34,794
910
1,686 !
9 !
152 !
301
1.985
'424
428
26
102
8
702
402
520
177
10
32
209
201
143
2
92
55
104 i
51,101
23,909
21,005
142,5*9
22. 090
05, 140
1 S3, 210 |
325,840
240,931
175, 111
39S, S22
5. i28
&V, 077
355, 430
201,067
001,778
7, 734
36', 402
845,009
1,202,477
18,211
10,570
4,5S9
5.630
2,081
10.049
8', 503
6,637
2.692
10; 434
3,303
11,848
48,928
40,204
21,217
20, 142
15, 730
25,245
24,235
13,279
10, 450
58,096
14,41 L
37,539
Tennessee
Total Southern States
2-'! 1
2?, 821')
28,034
14,072
Total Middle
States
Western
.
.
.
Total Piicilic Sluice
Total (nonmember batiks).
Total country banks
Total "United States
KSli
900
730
539
•M".
9,
I 902
305
U-'J.j.
|
3,475
:
jiV'^095
409
472
4iO
87
03!)
is?
5, S(Vj
8, 259
32G
2I«
302
LSI
(\"4
21
705
951.
S, 549
o 797
19,389
75
:43
! 10
17S
143
•,033
539
549
?;n
.271
430
051.
55
41
3.310
:i, 798
", v>
:}! 8
ISO
i 89
79
(Hi
1, -';;!
1 °<s
1 005
i
57
015
109
407
;,•••>
li?-
• -1 i>
2.:o
70 L
:;'..• ( i
1>. 4 2 -
!, 0 1 2
•
29
79
0,32!
1, 171;
374
0,804
SO
•I., 957
417
:,, 435
323
290
1,014
S , ••;'J0
;
12,-SOI
?)
13M
8 , 5»Ml i
1
88
2,05?
i 42S
:
7, 542
471 >
i,
85. 179
720
214
50' S0(i
30, 958
3(h 503
0 l) 5
0, 129
i 20
19, 034
0
8
11.
9':
'~Sl' 203
143, 591
807
59' 330
5s, 119
.t{i' 0o'>
G:?0 843.
' 7 38
17!
1
4 981
4
V'
45
!
ti:.i
!91
002
2,,
1 700
799
50 185
200
81
287
IS
J
1 828
009
433
999
3-23
2JK3
2; 590
•>. 333
47
9
412 :
151 1
484 j
•si
9
•-.Pi)
i 474
7(
1"
•
i!)
73
V.1
i
S8 1
i
3 918
23
i
|-;j
!
042 j
-12
•
•
;
;
:
;
•
09 ,892
7\,H'.J
i
•
(i«). 5S7
82, 530
-
-
•
.
•
•
•
.
,
-
-
;
•
;
•
•
{,'•
—1
0l'»2
H
;io 430
0
27
20
88
9
70'.
85-i
4(i!
459
020
13.' , 235
2. 479
"-
4 73 5
l.v> ,5-8
91
83 i
! . 008
3
y/9
, 397
Ii2
755 j 2,sV7 .85')
(is
, 700
, 230
•
;s>
57
t-i
fd
v^-
1 103
1.377
7-1,
0
t^
4
3i> 800
870
1 774
H
7-15
10
2
•!! 1
•
i
'
10
'.<2-i
•MM , N i 0
•
13 551'
(i 550
14 03(i
9 330
1 5 503
3 959
43; •
"57
H
O
M
ii
0 H43
9 521
10 05?.
1
15 0S9
90
214
559 !
I:I 4(50
;J
•J9Q
1,503 j
O
•i 1 7
-
21, 789
o5i, 205
323 090
2MS
i'
12 i
IV:
0, 390
KK), 203
3, 03')
i. 393
813
520
00 i
S/,-2
11
1.13
47
22
i()0 I
105 !
32
US
50
20!
2,
241
898
125
190
539
•K17
"i
4
i i 179
S. 8N2 I
M0 =
:
14
;H:
V'1'
42
9
I.Mi
1 '9
51 j
27 j
00
5
205
91 !
20, VMt
I 92:
212 1
34 !
72 j
(;59
073
330
040
1, 529
097
? 079
1,501
1,959
724
1 040
109
7,980 •
2! 1 !
3,
i,
48 i
749
20 [
29<;
490 j
38?
' 528
75,387
. 177
i ^
1,931 1
1, 1.27
0-19
8, 881
920
41,000
15 579
j
372
4,
31 434
'.'7?
012
SO, 728
22,195
10,017
14,237
Jl,0i7
7. 920
(>', 01)3
2, !7?
], 005
411.
li,')\X
!
530 !
S,473 j
"i!Hl-4
740
OS
07
13 725 i 4 :J'J i
i 4
42,958 ' 21 792
5, 500
752
.1,252
217
2, 4 i 7
052
485
^-.s
1.810 ;
23,403 ',
0.3S1
0'. 91!.
M.0i5
7,2S9
0,105
9 I ;*
573
55 '•
047
314
l' 472
- • '
90, 215
Total Western states
Alaska (nonmein'wT bpnfco
Hawaii (non member banks)
i'
S,479
7,208
H 4U
.11, S34
0,910 |
4,035
10,010
a, .121
21, 177
Wyoming
Colorado
New Mexico
Oklahoma
Washington
Oregon
California.
Idaho
"Utah
Nevada
Arizona
7
507,153
North Dakota
South Dakota
Kansas. .
Montana
7, 411
21, 349
18,
8, (109
473
25, Si!
62, 734
44,537
75,377
25,001
28 372
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
509
9 2"5
028
15,399
245,002
i
, 703
w
0
tv
w
Q
50
REPORT OF THE COMPTROLLER OF THE CURRENCY.
SAVINGS DEPOSITORS AND DEPOSITS IN NATIONAL BANKS,
JUNE 30, 1923.
Of the 6,083 national banks reporting savings deposits, June 30,
1923, 4,437 banks were maintaining separate savings departments.
The number of depositors was 9,901,7 77, the amount of savings deposits, $3,645,648,000, and the average per cent rate of interest
paid on savings deposits was 3.73. The increase in the number of
depositors in the past year was 1,026,689, and the increase in the
amount of deposits, $599,001,000. The interest rate, June 30, 1923,
compares with 3.71 June 30, 1922.
The number of banks in reserve cities and States reporting savings deposits and maintaining separate savings departments, with
the number of depositors, amount of deposits, and interest rate, is
shown in the statement following:
Savings depositors and deposits in national ba-nhs June SO, 1923.
Cilirs, Stiitrs r.nd Territories.
Number of
! Amount of
Number of
banks
banks
maintain- Number of I savings . rate of
savings j deposits
reporting
ing
interest
(000
savings
separate, depositors. '• omitted). ; paid.
deposits. savings department.
» F. N T R A L I; V. SY. R A' V. ( I T I K ^ .
17
H
Chicago
Total
OTIILR
KKSKRVi:
Boston
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
•Richmond
A i hint a
.FwksonvilJe
Birmingham
Dallas
KIPaso
Fort Wonh
Ci al vest on
1 roust on
San Antonio
"Waco
LittloRock
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
t 'hieago
i'ooria
Detroit
Grand Rapids
Milwaukee
Minneapolis
Pt. Paul
Cedar Rapids
Des Moines
Ihibuque
Sioux City
Kansas City, Mo
fit. Joseph
274.063
81.377
$92. 372
17, 010
Per cert f.
3. 50
2. 25
'Jo
New York
;>r>">, 440
309,391
2.88
11
3
2
5
2(:
(»
132.882
3 129
1,981
30.612
80, 969
51,663
24,527
77,991
62, 422
70,361
38, 346
27.1.11
19. «»">
23, 718
2ii,314
7. 7o7
4-1. .529
3,100
6.614
2, 223
4f), 029
15.907
26,177
32,519
47.033
40. 526
27. 572
7,778
J 51. 848
20'. 535
6, 483
31, 263
69. 082
119,988
29.341
12.317
8.718
12.370
21.938
21.515
8.182
([TI1..S.
2i
II
,S
13
r
(>
3
3
2
s
i:<
(i
;J,
3
5
•S
,',
2
8
4
4
1
4
4
5
7
3
~
3
,r>
11
A
3
3
4
")
3
2
2
h
i>
3
58.831
8, 948
504
10, !62
32,139
31. .118
13.552
25, 220
18. 798
16.063
17,520
12. 942
9. 982
7. 061
7. 372
3,932
1S, 851
2,156
3, 052
987
10,982
4,125
10,593
14,902
21. ly.)
5.6i9
7.474
2,102
:;G, -190
ft. 27W
1,975
11.3 6
23,728
32,568
13,597
4,385
3, 030
4. 297
4,809
3, 318
4.769
3. 75
3.25
3.50
1.00
2.50
3.75
4.00
3.00
3.00
3.75
3.75
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
3.75
3.00
3. 50
4.00
4.50
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.75
3.75
4.00
4.00
4.00
4.00
3.00
4,00
51
REPOBT OF THE COMPTROLLER OF THE CURRENCY.
Sorirtgs depositors and deposits in -national ba-nhs June SO,
192S—Continued.
Number of
Number of
banks
A m o u n t of
banks
maintain- N u m b e r of
savings
reporting
ing
savings
deposit s
savings
(000
separate depositors.
deposits. savings deomitted).
partment.
Cilies States, and Territories.
Average
rate of
interest
paid.
OTHER KKSKRVK CITIES—continued,
fit. Louis..
Lincoln
Omaha.
Kansas City, Kans
Topeka... .*
Wichita..
Helena
Denver
Pueblo...
Muskogeo
Oklahoma Cil v.
Tulsa
Seattle
. .
s
s
to
8
6
9
3
2
3
1
2
2
3
2
4
2
2
2
3
126 632
17,957
01.116
2, 310
2. 232
12. 490
2 ISO
57, 483
2, 348
0 068
17.407
20,623
77.654
27, 173
IS, 013
74.300
41.052
2.971
35. 456
2. 925
15,807
•?
9
1
2
4
9
2
• ^
•Spokane
Taooma .
Portland....
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake Cil v
.
4
1
8
I
S31 550
3.522
"' 802
455
95
1.990
1. 190
40. 297
1.620
2. 249
6.516
0. 799
21,268
12.560
5,960
29,644
43, 240
4, 168
23,991
990
3,834
Per cent.
3 00
4.00
3.25
3 00
3 00
4.00
4 00
4.00
4.00
4 00
4.00
4.00
2 75
3. 00
3.00
3.00
3. 50
4.00
3.75
4.00
3.00
Total other reserve cities
327
289
2. 122.552
791,855
3.58
Toial all reserve oilics
357
314
2, 477,992
901.216
3. 56
17
24
103
4
3i
148,207
41,342
57, 254
377,072
10,875
110,024
03,745
11. Kit
24.530
110,030
10,737
40,401
4.00
3. 25
4.00
4.00
4.00
4. 25
COUNTRY BANKS.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island..
Connecticut
.
49
21
39
109
31
Total New England Siales
Vircinin...
West Virginia
North Carolina
South Carolina
(Joorgia
Florida
Alabama
Mississippi
Louisiana . .
Texas
290,919
3.92
811,024
(»13,34i
1,105;101
9,946
100;138
304,739
245,696
574,904
5,570
/> 1,097
X. 75
3. 50
3. 50
4.00
3. 75
1,109
2,940,153
1,242,000
114
83
58
04
49
85,008 ~~
51,297
35,987
45,3X1
3/75
3. 75
4.00
•1. 50
20^ 370
21,711
8, 384
11.852
IX'.541
10,653
21,450
30,854
4.00
1.00
1.00
4.00
•1.00
4.00
3. 50
3. 25
155
111
78
79
05
50
13
03
3.70
02
40
~~ 221,513
147,321
112,403
84, 288
57,975
04,271
55,187
19,417
31,243
51,954
27, 217
55, .122
80,650
948
090
1,014,021
;;S9, 402
3.92
275
1*5
379
110
140
304
248
42
207
135
245
105
177
J40
37
419,387
244,517
388, 458
321,5*7
295,738
223,109
155,S34
31,970
113,703
05,120
119.381
|(W ti!>5
78.747
5o)705
47,152
7, 505
3. 75
3. 75
3. 25
3. 25
3. 50
4. 50
4. 25
3. 50
1.083
1,137
2,080, 000
597,098
3. 72
120
103
93
82
43.290
40'. .158
28'. t>33
11,088
9,400
4,176
5.00
4. 75
4. .50
107
48
50
J2
17
74
29
70
oS
.17
Kentucky .
Tennessee
Total Southern States
Ohio . . . .
1 ndiaua
Illinois
Michigan..
Wisconsin..
Minnesota.
Iowa
Missouri
751,434
34.8
203
1,474
Total Eastern States
2L'2
416
226
740
15
71
New York.
.\civ .1 ernev
Pennsylvania
Delaware
Maryland
250
.
.
.
...
Total Middle Wosiorn States
N (>r t h T) ak o t a . . .
^outh Dakota
N ebraska
oo
79
•1. 2 5
52
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Savings depositors and deposits in national haul's June SO, VJ2-)—Continued.
Cities, Statesf and Tcrritorh-s.
1
Number of
Number of
Amount of
banks
banks
maintain- j Number of savings
reporting
ing I savings
deposits
savings
separate j
(000
deposits. savings do-! depositors. omitted).
partment. j
CO UNTR V 1\ A XK 3—COnt 1 llliod.
Kansas
Montana
"Wyoming...
Colorado.
Now Mexico.
Oklahoma...
Total Western Stales.
Washington.
Oregon.
California
Idaho
Utah
Nevada
Arizona
87
39
109
To
121.
57.037
37)372
29, ~)W
50,011)
11.92.x
I) 195
035
r~
09
\
|
20S !
I i
j i
S7,405
15,705
10,70S
15,873
3, 042
0,938
Per cent.
3.75
4.75
4. 25
4.00
4.25
4.00
So,050 |
73, 512
.13, 007
157, 342
32, 215
10 832
0, 205
11 8S5
203 j
Total Pacific States.
Alaska (n on member batiks).
Hawaii (nonmembor banks).
Total (nomnember banks).
Total country banks
Total United Slates
99 !
m
Average
rate of
interest
paid.
335,05S |
1,035
4.30
27, 55 7
13 770
70) 203
s •10S
2 K95
319
5, 302
1.00
3. 75
4.00
4.00
4.00
4.00
4.00
i)
132,(131 j
3.9ti
401 I
292
3.25
4.00
093 |
3. 03
3
-
2, 331
o, 720
4. 123
7 ,423, 785
2,714,402
0, 0S3
4 437
9 ,901 777
3,045,048 i
SAVINGS AND INDIVIDUAL DEPOSITS IN NATIONAL BANKS,
JUNE, 1913-1923.
Deposits in national banks, classified as savings, show remarkable
growth in the 10-year period between June 4, 1913, and June 30,
1923. The number of reporting banks June 4, 1913, was 7,473, of
which 3,416 reported savings deposits to the amount of $324,777,000.
By June 30, 1923, the number of reporting banks rose to 8.241; the
number of banks showing savings deposits increased almost 80 per
cent, or to 6,082, and the amount of savings deposits to S3,645,6-18,000.
The percentage of savings deposits to total individual deposits June
4, 1913, was 14.15, compared with 25.96 June 30, 1923.
In the period stated banks in the Eastern States show the largest
increase in savings deposits, §1,095.346,000; banks in the Middle
Western States, an increase of §635,911,000; and banks in the Southern States show an increase of §426,121,000. Banks in the New
England, Pacific, and western sections show increases of $295,555,000,
$231,805,000, and $135,877,000, respectively.
The number of national banks in each State, the number showing
savings deposits, with the amount of savings and individual deposits,
and the per cent ratios of savings to individual deposits in June, 1913
and 1923, are shown in the statement following:
53
KKPORI OF I1IK COJirXllOLLKJi OF THE
Savings def'osifs in ru'llorinl bank* on J'uic 4, ''V/t/;>, o-d-j June oO, 1(J>3.
[in thousands of dollars.]
JI-XF. 4, \\)\:\.
Tot.il
number OJ'
Xmnlx1?1
1
''.'• , *' T
Savil:.,'.:
Totul
ii;iiivi<iual
deposit.
Maine
New 'Hampshire
V e r m o fn t
44
15
•)(>
*
.
Massa ''iiisel t<
It hode island
Connecticut .
.
.
•19
deposits.
o! 425
15 910
79
'' 5
14
Total Nov EnuVnvl Slnto*
453
145
474
200
210
s-i v:.'.'
(V'7)
!5
202 i<\
••i)
New York
New Jersev.. .
Pennsylvania
Delii w are
Mar v hind
District of Coliimbui
52.44
9.00
51.31
4 90
IS. 27
5.19
11.91
1 [)'~
?i I
8.34
12
4
1, 1W
193,453
795 159
a. 2 i,~)
S3.219
2*S, 701
1 {>">
1 l"0
37;'; 5-5
2,12t>,4SS
17.57
13; i
90
73
42
39
49
42
41
11
15
S7, \K'S
c'i, 1S1
32 9f>9
19,914
•io >Vo2
3); -VIS
38,573
14.OSS
32.GO
18.79
17.47
••)>)
i'-i'i t V ) l
10")
Total Fastern S i a i ^
Virginia
West Virginia
North Carolina.
South Caroliiiu
0 eorsiia
1'lorid'i
Alabama...
Mississippi
Louisiana
Texas .
3, 19S
-1«. 173
20,071
18,370
324 753
28,580
i\t. 42f>
505,373
2!. 215
. .
ISO
i'er cent of
savings
deposits t o
••>•» A O f |
in;
73
-.-•)
. . .
• ' • >
3i
5' 4
•I1'*
lit
ir.7
Kentucky
Total Son!liern Stales
Total Middle Western Stales
Total (nojiniember banks)
10,550
\ S-14
• »' 7 2 9
11' 112
7. S.'VL
1. ^:5:j
1 97 *:
S 7<i2
4 ]'fi
W, 14 !-
107.0,7
:is,5i.i
(:-V, U3
19 03
30 51
20.38
ft 92
5. 43
4. 4ti
5.30
C, 45
14. 88
7i'J,.>5.S
15.15
:,17,351
148 f -i2
:'O
2,003
North Dakor.a...
South J'i>ko'a
Nebraska..
Kaj isa s..
Montana.
Alaska
Hawaii (nonmember banks)
10S
71
129
27 i
340
Iowa
Missouri
Tota 1 Pacific States
550
!•.-{
;>,-j2<;
13s', 230
13.44
(167
10.79
34.13
2»>. 12
11.10
7.85
2. -IS
999
2 1 1 . «",7.">
2 •! i
•12,
•>'•()
9 9(U
•S-J. 7«1S
I5.2io
MiiiuesoiH.
Washin}.Tton
Oregon.
California
Idaho.
Utah
Nevada
Arizona
•VI
",sO
234
457
Illinois
. . .
Michigan
Total Westf-TTL f^ni^s
15
27
1.505
Ohio
Indiana »
Colorado
New Mexico
Oklahoma
r.5
9 s i
25 4(>
24.94
20.54
4.87
l")u
17IU -il
10 -iOU
144
103
47
51
47
"> 1
21
14
<>*•',".
57
. .
132,480
:;; >..~v
13
y
•\\>r)
1,^.91.8
13. 24
1 4-i i
'.'2 24 S
3 <')'"'
(.9' 2; "
70 .>SS
4.49
4 99
4.22
2.09
5.44
11.51
9.65
1.38
2. G3
1 924
1.4VS
1/' 923
S'. OOo
40
325
57
1,373
3.". 127
(>*>; 735
I 'NO
338
21.714
43^.415
4. 98
77
59
17.15')
3,70!
23.017
1 397
252,948
18 722
IS,512
<i.Of>S
9,; 722
19. 81
6. 87
9.10
7.46
18.70
10.14
.16
54
23
11
13
s
]
30
17
4.
2
45
513
2(50
49,4S4
447,754
11.05
2
4
1
S2
355
8(>5
1, S72
9.48
IS. 96
0
4
437
2,737
15. 97
7,473
3,416
824,777
5,830,513
14.15
Total couutrv banks
Total United States
54
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Savings deposits in national banks on June 4, 1913, and June 30, 1923—Continued.
[Tn thousands of dollars.]
JUNE 30, 1923.
States, etc.
Maine...
New Hampshire.
Vermont
Massachusetts ..
Rhode Island.. . .
Connecticut
Total New England States
64.78
25.92
60.63
24.61
22.64
28.23
62
34
401
269
355, 750
1,202,922
29.57
512
238
869
18
448
226
778
15
So
14
79
13
486,025
245,6%
641,161
5,570
65,219
25,220
2,763,912
551.642
1,793,621
14,110
177,469
86,192
17.58
44.54
35.75
39.48
36.75
29.26
1.736
1,559
1,468,891
5,386,946
27.27
1S1
125
161
111
241,898
146,557
110.017
83,973
100,694
109,487
105.956
42,166
76,218
480,816
60,3«5
173,678
141,361
42.91
35.00
32.71
54.04
34.72
40.09
35.54
19.88
15.55
14.76
19.28
18.68
32.24
47
159
17
•
49
21
39
122
4
97
68
3L
34
561
88
139
105
142
50
74
71
103,806
51,297
35,987
45' 381
34,965
43,896
37,653
8,384
11,852
70,947
11,640
32 438
45,572
1,695
1,012
533,SI 8
1,873,206
28.50
36S
251
295
191
410
614,086
272,385
954,980
330.546
271^179
414,790
258.101
294,565
26.54
24.68
18.76
36.90
37.79
24.80
24.67
16.03
S3
84
78
79
61
106
59
77
17
25
!K
116
144
132
258
60
162 983
671222
179 169
121,986
102,475
102,870
63,673
47,208
2,223
1,790
847,586
3,410,632
24.85
184
131
120
103
1S2
107
70,990
66,440
155,082
155,899
65,132
45,913
182,561
27,186
281,905
K~f2
14.15
9.99
6.42
25.94
23.44
31.66
13.40
344
349
157,621
1,051,108
15.00
115
97
113
72
215
68
21
9
19
70.345
43 414
141,662
8 498
7 719
4,349
5,302
215,685
136,975
652,525
42 132
32 797
11,716
21,503
32.01
31.69
21.71
20.17
23.54
37.12
24.66
60S
517
281,289 | 1,113,333
25.27
i 3
o
i
190
933
i/
!
11,088
9,400
15,500
10,011
16,895
10,763
57,790
3 642
22,532
1.573 1
;
!
2
1
1
401
292
2,007
3,306
19.98
8.83
3'
693
5,313
13.04
3,645,648
14,043,460
25.96
266
121
45
143
42
459
270
:
<)••)
:
Total country banks
Total United States .
1
Nonmember banks.
98,399
44,224
40,468
808,026
47,418
164,387
63,745
11.464
24,536
198,867
10,737
46,401
60
New York
NewJersev..
Pennsvlvania
Delaware
Maryland
District of Columbia
Total Eastern States
V irgh da...
West Virginia... .
North Carolina
South Carolina
(reorgia.. . .
.
Florida
Alabama....
Mississippi.
Louisiana
Texas
A rkansas..
.
....
K entucky
Tennessee...
...
Total Southern Stales
Ohio
Indiana
Illinois
Michigan
Wisconsin.
Minnesota.
]owa
Missouri
Total Middle Western Slates
North Dakota
South Dakota
Nebraska
. . . .
K ansas
M ontana.
:
Colorado
New Mexico
Oklahoma
Total Western SI ates
Washington...
Oregon.. .
California
Idaho.
Utah..
Nevada
Arizona
Tot al Pacific St at es
Alaska
Hawaii (noiimember banks)
Total (uonmember banks)
Per cent of
Number Amount of
Total
savings
showing
savings individual deposits to
savings
deposits. deposits. individual
deposits.
deposits.
Total
j number of
banks.
> 1
r
141
88
39
120
25
6,083
i
7.99
ltEPOHT OF THE COMPTROLLER OF THE CURRENCY.
55
EAKNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS.
Statistics with respect to the profit and loss accounts of national
banks in the year ended June 30, 1923, show that the past year has
been a profitable one.
The percentage ratio of net addition to profits to capital and surplus was 8.48, compared with 7.79 June 30, 1922, and the percentage
of dividends to capital and surplus was 7.47, compared with 7.04 a
year ago.
The gross earnings of 8,238 national banks in the year ended June
30, 1923, were $1,049,408,000, showing a reduction since June 30,
1922, of $17,860,000. These earnings were accumulated from the
following sources: Interest and discount, $939,552,000; exchange and
collection charges, $15,261,000; foreign exchange profits, $11,296,000;
and other earnings, $83,299,000. From these earnings, expenses paid
amounted to $736,582,000, or $3,592,000 in excess of the amount a
year ago. Salaries and wages paid amounted to $202,117,000;
$25,685,000 was in payment of interest and discount on borrowed
money; $320,031,000, interest on deposits; $67,412,000, in payment
of taxes; and $121,337,000, other miscellaneous expenses.
The net earnings after payment of expenses and with the addition
of $51,100,000 recovered on charged-off assets amounted to $363,926,000, a reduction in the year of $12,134,000.
Losses charged against net earnings during the year aggregated
$160,438,000, or $31,952,000 less than a year ago. 'Of these losses
$120,438,000 were on account of loans and discounts, a reduction of
$14,770,000 in the year; $21,890,000 on bonds and securities, a reduction of $11,554,000 since June 30, 1922; and other losses amounted
to $19,011,000, including $2,064,000 on foreign exchange.
After payment of the losses referred to the net addition to the
profits amounted to $203,488,000, or $19,818,000 more than in the
12 months ended June 30, 1922. Dividends were declared to the
amount of $179,176,000. The amount of dividends declared during
the past year is in excess of the annual dividends declared by national
banks in any year since the beginning of the system and exceeded
by $13,292,000 the amount declared during the previous year.
' A comparative statement of the earnings, expenses, and dividends
of national banks for fiscal years ended June 30, 1922 and 1923, and
statements showing the capital, surplus, and the earnings and expenses, etc., of national banks in reserve cities and States and Federal
reserve districts June 30, 1923, follow:
72:500 °—24
5
56
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Earnings, expenses, and dividends of national banks for the fiscal years ended June 30,
1922 and 192S.
[In thousands of dollars.]
June 30,
1922 (8,246
banks).
Capital stock
Total surplus fund
Dividends declared
$1,307,199
1,049,228
105,884
June 30.
1923 (8,238
banks).
$1,328,791
1,070,600
179,176
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
Other earnings
:
.Total
Expenses paid:
Salaries and wages
Interest and discount on borrowed money.
Interest on deposits
Taxes
Other expenses
Total
1,067,268 I
198,404
47,685
294,076
79,376
113,449
1,049,408
202,117
25,685
320,031
67,412
121,337
,
732,990
736,582
Net earnings during the year
Recoveries on charged-oft assets.
Total
334,278
417782
312,826
51,100
376,000
363,926
135,208
33)444
120,438
21,890
16,046
2,064
Losses charged off:
On loans and discounts..
On bonds, securities, etc.
Other losses
On foreign exchange
Total
Net addition to profits during the year.
21,665
2,073
192,300
160,438
183,670 i
203,488
Ahsfrcd
of reports of earnings, expenses, aw] dividends of national banks fur year ended June 30. 192S.
[In thousands of dollars.|
Cross earnings.
Expenses.
Commissions a n d
Number of i Capital,
banks. ;
Cities, Stahs, and Terrilorie
Capital
earnings
; Interest
from"
Other Total
Total Salaries Iand dis- Interest
insurance I Oilier
excount
exgross
a n d 1 on bor- on de- Taxes.
! earnpenses. penses
! earnings.
posits.
and the j ings.
count, lection
paid.
" | rowed
i
charges. profits.. negotiaj money.
j
tion of
Ex- foreign
•plus. '
and
• hcnrn'li]^ I Interest change exj l i r P l l I S " ;and d i s - a n d col-
i
loans.
Maine
N ew Hampshire
Vermont
Massachusetts
JJostoTi
Kliode Island
Connecticut
60 ;
50
47 .
14") i
1 I
17 I
02 |
•101 i
!!
New England States.
Now York
Albany
Urookivn ;!iid Bron\. .
Uutfalo
New York.
New Jersey
!__
Penny vlvaniu,
1'biiadelphia
'Pittsburgh
Delaware..
JUankmd
'Baltimore
\Vasiiiugton, I). C
Eastern States.
Virgin in
.Richmond
Wosi; Virginia.
N o r t h Carolina
South Carolina
7,245
"\ 305
5,110
27,987
42,150
0, 320
21,282
115,459
J07
3
5 :
0 i
:>i |
i
19.05S
2, S">0
2! ioc
i,0(i5
103,075
21,
37,
4.
90, ISC
s23
32
14
is
74
il.
14
SO,700
28', OsO
29,250
1,710
5,05t
13,050
8,(727
, 070
, 400
,025
, I5i>
,220
, 1:98
,25!
,420
, 700
,027
,272
, 2S5
,208
i. 730
421,805
515,2S8
r,
.i'j
83
n\
7SG i
.'5i)5 |
1-,'
980 |
5, M0
JO, • • M l
8, 320
0, 103
.12,050
5, 845
9'. 731
2,997
7'. 677
2,845 ;
49)148 20,458 •
79,200 22,481. I
10, 8S5
3, ISO
30,904 10, MS j
205,645
NO,
0,
•1t
o,
3S7,
04.
J .S3,
29-1
182
2, -Via
i 2,85.1
200
942
2
1.3
97
702
10
20
67,954 i
(5,405
3,334
3,050
23,081
20,203
3,110
11,202
878
725
545
3,843
4,1.21
505
2,258
82
134
96
342
513
23
141
2.042
' 6-13
90S
8,172
8,904
1,231.
3,135
7, 432
70,091.
J2,87S
j,331
25,695
0 !
19 ;
i kissj
! 3,200 ;
1135,711 .
i 30,412 i
! 05, s5f,
28, 053
.18, 132
4, 793
7,100
5,209
937, i 53 M47,43,"
39,90(>
11,010
23,217
21,031
19, i 13
33
30
2S
54
09
18
8G
13, 423
4,1 IS
9,315
S,227
0,511
2S |
if i
3
•i
I1,)
7j
133
-139
138
00
0
15"
53S
23i
93
40
19
3,878 |
104
343
210 j
4,-I.Vi
5-17
J 70
2*2
1,270
\;9
281
033
472
JO
8,001
117 '
21
0
14
554
•134
-190
3 :
1 !
T
=1-
7,0S4
•isO
52!.
542
3,932
2,38i
3,592
!02,O()7
33,90s
72, 002
31,205
22, 700
1,025
5.092
S',211
5,797
398,114 j
OC,OS1
J4,105
4,010
9, W>
8,^85
7,211
2, 007
875
1,7/iri
l,7so
J,372
5,709
11.733
5,123
3, 148
215
835
3.300
r,3oo
992
10,344
M21
19
'tin I
1,3*0
49,229
ll,M7
23,]73
9,148
7,130
310
2,039
2,003
1,348
3,137
70s
.1, 1 HI
.1,071
' 204
27
J20
350
175
8,540 125, S45
032
190
237
52S
430
4,271
1,392
2,940
2,480
1,976
559
523
294
3,318
2,486
369
1,233
4,489
2,201
2,121
17,263
18,917
2,317
7,546
6,168
8,782
==|:
4,498
2,052
432
178
1N7
03
399
92
0,390 15,979
3. •%')
i, 338
6', 324
3, 30 i
3,376
i,4S3
2,950
1,235
85
52
439
245
794
579
700
478
54,854
32S
176
218
1,588
2, S90
189
779
=
31,570
2,572
j,541.
2,482
102,406
23,037
45,7.18
20,20-1
.14,739
689
3,678
5,152
4,067
17,495
39,894
257,855
843
332
731
499
619
1,545
488
1,009
1,086
812
9,961
3,277
6,072
0,3s5
5,209
Abstract of reports of earnings, expenses, and dividends of national banks for year ended June 30, 1023—Continued.
00
[In thousands of dollars.]
Gross earnings.
Cities, States, and Territories.
Georgia ]
Atlanta
Florida . . .
Jacksonville
Vlabama
Birmingham
Mississi ppi
Louisiana
New Orleans
Texas
Dallas
El Paso
Fort Worth
CJalvoston
11 ouston
£>fln \nfonjo
Waco
Arkansas. .•
Little Hock
TCentuckv. . . . .
Louisville
Tennessee
MomDhis
Nashville
Southern States
Ohio..
OlT'OilP'nftti
Cleveland
Number of
banks.
94
3
5X
101
2
31
33
I
520
6
4
6
• • >
<
1
s
6
86
o
135
4
96
4
5
Capital.
10,690
2,950
6,740
2,650
11.425
1,750
4,635
5,900
2,800
42,880
X 650
2.200
3,950
Surplus.
7,3X2
3,550
2,969
730
6.466
], 550
2,625
3,236
2,000
24,771
2 3X5
415
2,350
Commissions a n d
earnings
Capital
from
Exand
'Interest change Foreign insurance
surplus. and dis- and col- expremiums
count. lection change
and t h e
charges. profits. negotiation of
real-estate
loans.
18,072
6,500
9,709
3,3X0
17,891
3,300
7,260
9,136
4,800
67,651
11,035
2,615
6,300
5,158
3,373
4,745
2,366
5,732
1,749
3,161
3, X57
1,699
23,076
4,XS1
1,665
2,605
400
400
800
7 100
4 750
2', 050
7, 113
3 5X5
1,6*5
10 6X5
6,435
2,615
10,3)2
4 807
2 127
860
402
600
13,996
4 500
11,814
1,700
3,650
565
3, 199
260
22,702
S. 706
4,300
X 800
17,670
5,856
1,030
2,730
2,350 „ 6,000
1,695
233,218
139,667
348
7
3
37,795
13,400
4,800
26,801
7,400
2,955
Expenses.
477
974
4,298
7.521.
4 421
6,931.
940
2,4S0
204
171
157
195
1
6
3
4
8
2
197
S5
77
722
303
24
105
32
149
44
77
158
13
34
31
169
97
36
15
2
2
6
I
10
5
17
3
6
3
54
150
Other
earnings.
156
333
331
359
244
231
150
222
432
970
176
114
126
11
544
370
34
256
26
399
237
301
13X
565
Interest
Total
Total Salaries and dis- Interest
excount on de- Taxes. Other
gross
and
expenses. penses
earnings. wages. on bor- posits.
rowed
paid.
money.
5,522
3,877
5,243
2,920
6,222
1,982
3,510
4,166
2,244
24,789
5,360
1,804
2,846
520
5,505
2,541
.1,085
4,735
441
1,264
8%
1,167
549
1,413
319
X12
1,001
47X
6,323
1,272
473
602
X6
1 138
613
223
1,0X0
123
1,668
362
28
70
21
140
10
:i5x
214
73
929
127
164
16
4
52
52
11
119
34
180
159
171
43
1,178
I, ISO
1,400
1,069
1,270
441
785
1,192
442
4,645
1,338
543
877
304
1,524
399
285
1,1-io
109
1,741
1,315
2, 190
7,960
4,689
7,455
1,175
3,195
1.522
' 235
460
83
322
851
777
496
336
379
125
4X4
119
685
624
717
390
795
170
370
346
449
503
26*
222
2,256
3,114
514
96
169
20
513
244
101
2X2
21
730
375
4X4
120
234
691
266
346
37
754
364
142
677
63
S56
454
X58
160
309
3,985
3,064
3; 733
2,154
4,102
.1,059
2,574
3,256
1.483
17,267
3,942
1,5-12
2,010
451
3 9X1
1 672
762
3,29S
353
5,1X4
3 110
5,225
880
1,937
372,885 141,042
4?279
145
91
8,998
154,555
32,949
5,237
39,638
12,118
18,586
108,528
25,242
6,547
4,065
205
87
8
44
17
14
6
1,400
26,897
7,564
4,655
5,110
1,325
475
156
162
8,713
2,145
1,978
2,213
2,883
780
369
601
580
19,394
5,007
3,869
64,596
20,800
7,755
913
568
780
Columbus
Toledo
Indiana
Indianapolis
Illinois
Chicago, central reserve
Chicago, other reserve
Peoria
Michigan
Detroit
Grand Rapids
Wisconsin
Milwaukee
Minnesota
Minneapolis
St. Paul
Iowa
Cedar Rapids
Des Moincs
Dubuque
Sioux City
Missouri
Kansas City
St. Joseph
St. Louis
!
I
\
|
Middle Western States...
North Dakota
South Dakota
Nebraska
Lincoln
Omaha
Kansas
Kansas City
TQpeka
Wichita.
Montana
Helena
Wyoming
Colorado
Denver
Pueblo
New Mexico
Oklahoma
Muskogee
Oklahoma City.
Tulsa
Western States
7
3
245
6
471
12
18
4
.11.3
3
3
1->1
4
331
7
6
337
o
3
2
5
108
11
4
4,700
2,500
24,738
7,950
36, 4(56
49,822
3,725
2,100
13,600
8,500
2,100
17,275
8,000
21,166
12,200
6,900
20,908
800
2,700
700
1,650
7,012
7,700
1,100
26,650
5,075 i 9,775
3,500
6,000
37,734
12,996
2,692
10,642
60,423
23,957
90,996
41,174
4,754
1,029
5,200
3,100
22,358
8,758
15,000
6,500
1,300
3,400
25,565
8/290
5,800
13,800
10,713
31,879
7,860
20,060
3,918
10,818
11,788
32,696
1,500
700
1,200
3,900
1,000
300
2,445
795
3,808
10,820
4,260
11,960
2,050
950
9,295
35,945
3,537
1,980
14,573
3,427
24.441
34; 077
2,747
1,316
11,078
6,602
1,497
11,510
5,307
15,682
7,607
4,642
15,223
991
1,753
427
1,601
4,075
6,580
1,266
11,757
3
30
14
16
523
41
3,486
2,922
5,331
825
3,700
7,597
460
245
1,275
3.232
10,731
9,002
14,191
2,500
10,650
21,694
1,260
1,145
3,675
10,287
6,236
5,5S4
6,357
940
5,409
9,220
1,392
4,767
325
775
30
16
46
5
126
36
5
3,151
5,874
5,331
1,070
1,375
51,434
663
2,517
13,858
3I
5
52
347
313
256
31
338
246
39
.6
669
9
50
19
2,681
2,486
2,112
281
1,713
2,474
154
181
523
1,535
108
1,141
1,507
2,569
180
703
3,489
304
994
1,260
3,342
26,395
100
90
3S
44 :
.
52 •
70 .
23 .
157,081 j 80,086 i 1,222
772
97
682
593
785
294
467
556
65
88
40
•
:
:
j
i
84 I
87 !
673 i
762 !
3U
i
!
I
.
.
.
261
80,820
63
119
72
68
8
111
84
884
5,879
6,217
'773
81 1,270
614
115
303 4,617
867
92
596 6,913
412 12,211
958
22
5,304
152
884 I
41 I
1,065 I
786
317
3,349
558 I 16,140 I 251,426 j 49,905
294
5
931
2,814
3,674
;
i
j
4,403
2,268
15,982
3,932
26,488
37,352
3,116
1,418
12,137
7,432
1,628
12,385
6,014
17,063
8,377
5,282
16,078
1,067
1,859
470
1,724
4,192
7,346
1,343
12, 954
2,635
35
4
36
372
30
57
88
4
23
312
:
1
365
4,457
2,479
489
4,039
1,745
7,023
2,884
11704
5,543
447
658
138
613
1,105
2,146
558
4,141
4
142
68
297
350
137
142
11
18
3
39
25
89
840
261
1,187
435
1,689
1,506
304
67
181
229
17
182
75
423
159
87
807
47
14
51
61
107
229
18
203
336
6,053
11,816
8,954
1,740
4,487
25,230
1,796
5,320
5,775
396
105,047!
4
50
486
546
2,608
4,441
4,104
1.140
lj407
0,495
1,570
12
21
37
2,223 | 346,957 | 216,914 | 563,871 229,550 | 4,113
1 Includes earnings, etc., of 1 bank in Savannah liquidated in January.
23
27
180
56
292
1,246
24
35
150
21
10
267
2*4
229
61
492
501
54
25
196
251
24
115
283
367
105
89
683
76
635
181
4,918 !
6,725
6,035
6,744
1,009
6,021
9,838
544
577
1,632
5.142
'367
3,303
6,229
5,796
772
2.(532
14;863
1,030
3,519
3,878
2,188
1,219
337
259
1,159
3,535
2,051
1,005
3,471
177
387
78
411
1,008
1,651
313
1,564
1,387
1,582
238
1,282
2,502
114
143
334
1,285
91
787
1,656
1.108
120
631
4,055
221
70S
921
86,656 ; 20,729
1
48
436
1
108
292
82
216
280
1,518
421
2,152
3,329
147
143
758
545
106
1,023
436
1,187
584
246
1,118
30
64
22
67
337
503
66
1,211
645 [
203 !
1,655
448 !
3,135
5,097
529
115 !
1,518 I
1067 !
282 :
1,239 i
779 I
1,942 !
2,178
661
1,806
135
271
42
263
547
1,002
191
1,386
2,998
1,529
11,442
2,712
18,675
27,266
2,429
884
9,102
5,539
1,231
9,082
4,194
14,110
7,856
3,703
12,745
836
1,394
331
1,415
3,104
5,53L
1,146
9,576
19,871 j 31,200
187,100
898
787
811
135
963
1,366
58
63
274
763
33
471
S42
569
60
373
2,618
174
617
528
5,857
5,330
5*193
753
4,612
7,512
402
430
1,298
4,393
269
2,730
4,918
4,690
449
2,120
11,957
780
2,658
2,989
367
357
432
68
316
924
76
42
119
374
36
223
621
362
89
217
1,226
72
289
261
6,471 ! 12,403 I 69,340
Ol
Abstract of reports ofearnings, expenses, and dividends of national hanks for year ended June 30, 1923—Continued.
{In thousands of dollars.]
Expenses.
Gross earnings.
Num-
Cities, States, and Territories. ber of
banks.
Capital.
Surplus.
Capital
Exand Tntcrost change
surplus. and dis- and colcount. lection
charges.
Washington
.
Seattle
Spokane
Oregon
Portland
California
Los Angeles
Oakland
San Francisco
Idaho
Ctah
Ogden
Salt Lake City
Nevada
Arizona
Pacific States
Alaska (nonmember)
Hawaii (iionmcm bor)
. . ..
Total nonmembor banks.
Total I 'nited St'ites
100
10
3
o
94
3
255
7
2
0
73
15
3
4
11
20
008
6,742
6,200
2,000
1, f>(X)
0,445
0 000
24,503
10,200
2,000
20,500
4,8S6
850
850
2,400
1,400
1,700
3,781
2,710
GO
O
350
3,201
2,400
10,070
5,500
1,380
20,900
J,927
345
275
910
003
903
10,523
8,910
IJ, 200
] , S50
9,700
8.400
35,239
15,700
3,380
47,400
0,812
1,195
1,125
3,310
2,003
2,003
104,895
5,280
5,268
1.742
'7S4
4,207
'A, 909
10,874
9,940
1,390
15,437
3,511
521
300
1,374
807
1,017
95
2*3
70
37
77
148
229
54
8
134
39
3
5
20
10
64
Commissions and
earnings
from
Foreign insurance
exchange premiums
and the
profits. negotiation of
real-estate
loans.
8
02
0
o
Other
earnings.
Interest
Total Salaries and dis- Interest
Other Total
excount
gross
and on bor- on de- Taxes. ex- penses
penses. paid.
earnings. wages. rowed posit s.
money.
144
10
400
50
35
603
315
14
5
16
2
93
1,496
1,518
544
238
1,011
1,188
4,198
3,303
373
5,476
841
182
111
424
205
377
436
387
109
00
424
328
1,046
616
54
1,094
286
47
33
139
82
130
859
954
296
101
657
571
2,691
1,164
222
1,502
606
71
67
177
118
340
4,348
4,506
1,423
620
3,429
3,159
13,344
7,595
1,005
12,020
3,074
440
333
1,093
5*1
1,547
1,931
21, .545
5,271
10,396
58,577
23
70
7
11
33
43
110
218
18
76
328
07,412 121,337
736,582
2
5
58
35
141
2
K09
4
3
1
3
8
1,145
340
071
90
24
251
141
1,745
495
158
1,27s
1S7
30
62
109
04
149
5,785
0,284
1,914
845
4,545
4.310
18'941
10,030
1,558
17,658
3,749
504
428
1,512
S96
1,832
1,430
1,039
431
221
1,193
1,050
4,949
2,402
381
3,345
1,020
126
117
337
174
607
103
5,800
81,457
19,434
41
9
156
353
47
94
50
509
141
93
82,024 1,049,408 202,117
25,085 320,031
82
5
58
8
1
7
50,521
101,410
73,061
1,2*2
3
2
150 |
600
80
510
230
1,110
103
321
12
17
2
4
5
750
590
1,340
424
29
2
4
S, 238 1,32S,791 1,070, (MX) 2,399,391 939,552
15,261
11,290
1,275
127
8
43
H
O
r
re
H
M
is
a
w
g
!
Net
earnings
during
year.
Cities. States, and Territories.
off.
Ratios.
On. foreign exchange.
Total
losses
charged
off.
4
3
47
121
055
358
310
2,375
3,098
144
1,073
184
Xet
addition
to
profits.
Dividends.
DiviDividends to
dends to capital
and
capital.
surplus.
Per
Maine
New Hampshire.
Vermont
Massachusetts
Boston
Rhode Island....
Connecticut
1,910
1,133
' 935
5,818
7,280
1,093
3,050
Now England States
j
New York
Albany
1$rookl yn and I > ronx.
HuiValo.
,
New York
Nevv Jersey
Pennsylvania
Philadelphia
Pittsburgh
Delaware
Maryland
,
Baltimore
Washington, D. C
21,837 j
14,500
1,3(50
840
1,110
% (i
Ml
1.0,871
20,314
11,001
7,907
330
1,414
3.059
133
149
132
772
1,179
100
402
2,93f• |
J.TK)
' 100
201
73
IS,004
972
2,132
71.3
844
00
184
2-15 {
289
Eastern States
Virginia
Kiel I mend
West Virginia
North Carolina
Eolith Carolina
(-: corgia
Atlanta
Losses charged
Total net
earnings
Recov" f
i
eries on and recharged- coveries On loans
On
on
oil
bonds,
Other
assets. chiirged- and dis- securicounts. ties, etc. losses.
ofY
assets.
j 140.259 .
,
Jacksonville
4,204
1,339
3,220
2,500
2,002
1,537
'813
1,-510
700
24,977
225
58
83
ISO i
400 ;
J50 j
OS '
92 i
00 i
305
222
2,0-19
1,282
1,007
0, 590
8,405
1,202
4,118 j
1,598
tJ2
1,097
279
98
77
4S2
1,274
00
330
5,110
2,000
719
.15,720
1,400
3.041
' 423
500
457
27,398
1,735
2,021
1,452
' .152
70
1.K4
073
200
3,818
981
2,477
204
382
25
124
87
52
910
22
54
22
1,740
459
1,327
301
150
25
51
198
195
J05,230 !
39,811 I
9,954
5,0.82 |
4,429
1,397
3,303
2,080
2,408
1,093
881
1,002
832
942
206
2S1
758
1,543
815
118
255
295
1,041.
1,183
77,60",
11.843
28,470
11,714
8,8.11
390
1,598 i
3,304 i
2,019 1
2, )3f>
1.022
' 21
100
108
103
133
33
45
34
3
41
154
31
124
184
205
101
78
147
720
cent.
9. 94
10.57
11.94
10.75
14,38
20. 59
8. 84
1,394
924
757
4,215
5 307
1,058
2,-1-15
507
010
3,010
0.001
i ^ 301
1,881
8,013
Hi, 100
14,150
10,227
X63
417
004
•11,302
8,057
5,971
442
"T2T17
44b
1,313
Per cent. Per cent. Per cent.
5.98
19.24
11.57
5. H
O
9.45
17.22
7.95
9.86
14.81
6.12
S.58
15.0(5
7.05
0.78
12.73
11.95
9.72
16.74
5.10
6.03
11.49
12,20
5,499
597
<i24
579
33,303
3, 180
5.891
2', 709
2.504
' 73
350
SOS
2-10
24,773 |
•1ST,
1, 041
71
34
45
248
59
22
\h 005
''323
1,239
2,430 I
1,571
5(5,700 I 108,470
1,209
400
502
985
1,793
951.
199
443
300
29,82J
7.200
!2; 755
5,595
3,01.0
255
009
1,022
9S8
15. 51
1.3.05
11.12
18.20
21.20
15.80
19.51
12.34
14.91
13. 24
12.43
12.31
09,714 I
10.53 I
271
452
2,009
1, 289
1,088
1,019
945
913
458
1,340
1,304
11.38
22.22
13. 20
12. 17
7.28
8.54
15.53
19.88
49.21
Net
Net
addition addition
to profits to profits
to capital
to
and
surplus. capital.
0.88
7.86
14.00
0.93
7.07
0.04
7.27
7.70
11.25
0.93
0.28
0.34
7.01
0. 48
0.07
0.91
11.87
13.81
10.11
9.72
.11.44
13.41
12.28
10.11
10.97
8.88
12.00
10.01
10.99
20.85
30. 28
19. 80
14. 80
27. 17
25. 28
27.98
31. 40
21.36
18.89
24.52
18.67
19.57
7. 44
11. 58
25. 71
0.68
11. 07
7.20
7. 48
4.94
5.05
7.05
13.80
38.58
8.06
8.51
12.05
7.84
3.21
4.11
10.49
J1.94
13.9G
13.73
17.09
21.91
12.74
4.74
0. 94
23.1.2
17.20
17.81
Abstract of reports of earnings, expenses, and dividends of national banks for year ended June 30,
1923—Continued.
to
[Tn thousands of dollars.]
Cities, States, and Territories,
Total net
Recov- earnings
and reNet
eries on coveries
during •jchargedOn loans
on
^ e a r " ! assets. charged- and discounts.
oft
assets.
Losses charged off.
On
bonds,
securities, etc.
Other
losses.
Ratios.
On foreign exchange.
Total
1osses
charged
off
Xet
addition
Dividends.
I
Alabama
Birmingham
Mississippi
Louisiana
New Orleans
Texas
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Arkansas
Little Rock
Kentucky
Louisville
Tennessee
Memphis
Nashville
2,120
923
936 :
910 !
:
761
7,522 :.
1,418
262 i
836 I
69 i
1,524 !
869 i
323 !
1,437 !
88 !
2,776 '
1,579 i
2,230 I
295 j
1,258 !
,-, I
150
106
.125 |
167 '
6 ;
2,017 j
159 !
32 !
346 i
32 |
212 ;
58 !
28;
144 !
8i
182 :
1.98 !
92
26
62
Southen i States
46,027 '
5,490
Ohio
Cincinnati
Cleveland
Columbus
Toledo
Indiana
Indianapolis
Illinois
Chicago, central reserve
Chicago, other reserve
Peoria
7,503 !
2,557 '
786
1,405
739
4,540 j
1,220 ;:
7,813
10,086 !I
687
534
442
630
94
101
• 149
454
251
498
3,802
68
22
2,276
1,029
1,061
1,077
767
9,539
1,577 I
294 |
1,182 I
101
1,736
927
351
1,581
96 I
2,958 |
1,777 !
2,322 !
321 i
1,320 j
51,517
'
'
.
,
!
7,945
3,187
880 :
1,506 •
888 !
4,994
1,471
8; 311
13.888
755 .
556 |
623
249
377
550
112
7,101
789
117
840
58
853
460
103
610
21
431
170
580
115
237
122
6
136
31
•>?
80
069
106
5?
197
9
148
44
18
118
17
163
91
77
48
55
128
115
9
62
.103
9S
2
21
9
8
51.7
116
215
18
708
422
230
839
58
2,294
1,413
1,567
156
1,007
1,534
240
629
668
560
3,921
2,498
156
376
54
784
429
279
673
69
1.537
828
1,751
146
636
1,500
774
543
470
575
1,579
Xet
Net
and
surplus.
capital.
Dividends to addition addition
dends t o capital to profits to profits
to capital
capital.
and
to
Per cent. Per cent. Per cent. Per cent.
13.13
13.43
8.57
8.38
44.23
13.71
7.27
23.45
11.72
13. 57
8.66
7.48
11.32
7.31
5.14
7.97
20.54
20.00
11.67
11.98
3.68
9.14
5.80
2.33
28.88
22.64
4.69
:». 98
5.27
7.09
5.97
4.44
5.44
9.52
5.97
3.41
4,50
13.50
6.75
2.25
9.97
11.04
7.34
6.63
8.88
9.03
6.67
6.56
11.22
13.61
10.67
8.80
11.80
9.46
6.53
8.14
9.67
11.50
8.02
6.74
16.39
10.98
6.77
10.10
31.40
18.40
9.41
16.06
13.26
14.82
9.91
8.87
9.18
8.59
5.35
5.71
27.59
17.42
10.60
16.78
3,209
19,619
1,305
1,012
222
303
205
805
2,400
2,185
0,798
102
20
62
50
776
255
518
607
192
7,960
1,060
178
967
83
1,028
505
121
742
38
664
364
755
165
313
Divi-
surplus.
to
profits.
639
68
99
105
23
296
994
411
779
72
23
:
:
,
i
165
24,139
27,378
29,993
12.86
8.04
7.34
11.74
423
9
oo
109
26
281
92
493
173
75
22
19
13
4
2,386
1,102
380
517
254
1,391
3,486
3.179
7,765
255
65
5,559
2.085
500
989
634
3,603
1
2,015
5,132
6,123
500
491
5.024
1,380
529
580
310
2,987
778
4,868
6,030
311
247
13.29
10.30
11.02
12.34
12.40
12.07
9.79
13.35
12.10
8.35
11.76
7.78
6.63
6.82
5.93
8.61
10.02
6.45
10.12
10.57
9.55
118.93
8.49
6.73
10.52
9.44
14.71
15.56
10.42
21.04
25.36
14.55
125.37
14.09
12.22
13.48
23.36
9
90
15
6
f>. 17
7.92
7.31
8.06
6.63
6.54
4.75
Michigan
Detroit
Grand Rapids
Wisconsin
Milwaukee
Minnesota
Minneapolis
St.Paul
Iowa
Cedar Rapids
Des Moines
Dubunne
Sioux City
Missouri
Kansas City
St. Joseph
St. Louis
3,035
1.893
307
3,303
1.820
2,953
521
l 579 ]i
3, 333
231 |
465
139 ;
309 :
OSS .
815 i
197 i
378 =
Middle Western States
North Dakota
South Dakota
Nebraska
Lincoln
Omaha
Kansas
Kansas City
Topcka
Wichita
Montana
Helena
Wyoming
Colorado
Denver
Pueblo
New Mexico
Oklahoma
Muskogec
Oklahoma City.
Tulsa
!..
Western States
Washington..
Seattle...
Spokane..
Tacoma..
Oregon
Portland.,
i Deficit.
61.326!
292
137
85
349
48
305
318
24.
500
59
93
5
170
77
232
50
4.79
3.327
2.030
:
.
j
:
!
•
:
:
i
j
!
•
i
I
482
3,652
1,868
3,318
839
1,603
3.833
'290
558
144
485
1,165
2,017
247
3,857
:
i
!
i
;
j
i
74,126 j
8;>8 i
705 !
1,551 :
250 i
1,409 !
2,320 |
142 !
147 !
334 ;
749 j
200
185
215
10
213
351
0
3
31
310
573
1,311
.1,106
323 :
512 |
2,906 i
250 !
861 :
88i):
j
9,800 !
.103
432 :
131
101 I
.1.14 '
813 i
175 !
83 |
1,008
890
1,700
' 272
1,022
2,677
148
150
365
1,059
100
736
1,743
1,237
424
626
3,719
289
1,036
972
17,310 j
3,583 I
20,899
1,437 i
1,778 i
491 j
225 !
1,116
1,157 I
23 L |
1M ]
79 !
28 :
339 j
1,349
!
:
i
j
!
i
:
;
39 •
I
i
;
i
j
!
!
1,008 I
1,937 !
570
253
1,455
2,506
666
16
0
952
862
1.825
901.
280
2.255
67
296
17
375
476
2.040
60
963
2S.ONo|
044
820
125
1.329
1,862
100
29
173
1,219
135
475 i
1,395 '
314 :
12 ;
788 !
3,529 I
'153 |
417 i
797 !
15,130 j
450
417
107
1,073
1,764
223 !
n i
45|
98
91
72
3
180
.109
6
1
1
11
123
177
4.600 i
1,011
747
179
1.271
976
2.076
1,086
533
2,552
80
312
22
405
535
2, 200
75
1,232
1.79 •
70
28 '
!
177 i
ISO ! !
73
183 I
7 i
16 '
4 i
29 :
46 I
33 |
15 :
92 ;
3.107 j
80
74 ;
00 I
17 !
105 !
158 |
219 i
19 ,
20 :
6
73
83
52
18
130
87
73
1
121
36
794 !
107
42
18
43
411
6
58
27
1,423
53 :
57 j
17 !
117 ;
235 :
122 i
560 j
73
195 !
3 !
13 ;
13 i
1 i
2,316 :
1,283 :
303 i
2.381 i
'892 !
1,212 !
1
247 !
I.070 !
1.2SL ;
'210 ;
246 |
122 I
80
630
i 153
172 |
2,625 !
1,896
890
216
2,033
821
3.928
1,774
685
2.041
96
523
77
166
616
3(
36.072
3S.054 |
42,548 !
464 •
932
737
898
140
1,456
2,091
108
55
253
1,334
555 i
1,567 ;
404 i
160 !
920 j
4,020 i
160 !
597 I
860 I
130
153
868
126
106
586
40
95
112 i
1
275 I
= 37 !
181 \
176 !
833 i
258 i
' 294 j
i 307 i
.129 !
439 j
L12 i
17,402 |
3,497 !
1,068
742
471
169
1,208
2,519
600 i
1,195 i
I
!
j
'
I
|
99 i
84 I
187 i
i 13 :
'
'
:
:
;
!
1,044
132
2,566
353 I
920 j
190 '
673
1,512
76
81
223
345 .
50 !
027 "
733
1,133
170
234
1,212
163
1,092
286
10,537 !
558 ;
017 '
200
00
448
550 ;
S.4S
5.93
6.35 •
7.95 !
5.95 i
12.32 i
8.8-1 i
6.33 :6.24 ;
6.40 I
13.41
7.70
6.79
5.69
8.73
6.44
7.14
10.36
8. 55
8.91 ;
9.31 !
6.46 !
3.90 j
1
.1.23
9.89 |
3.92 !
14.00 !
6.31 •
1.2.20 i
3.27 :
5.82 i
i 1.28 ;
8.39 i
7.30 i
17.03
15.09
14.43
13.78
11.15
5.87
1
2.02
15.51
6.13
26.25
9.11
17.43
4. 85
8.98
1
1.99
15.64
12.26 I
7. rro
6.75
10.97
6.40
5.81
10.38
11.34
9.68
10.73
9. 50
9.00 i
9.29 |
4.59 j
ii.ii ;
18.20 !
9.94 ;
23.36 ,
28.33 :
7.60 !
0.14 !
n.64:
25.69 i
0.50 !
4.32
3.92
6.48
7.60
6.32
0.97
0.03
7.07
6.07
3.35
6.45
10.30
0.20
12.65
9.77
5.22
4.80
9.08
20.53
4.95
1.27
1.70
6.12
5.04
1.56
2.70
3.17
8.30
3.05
i 2.67
i 4-77
2. 99
1.49
9.30
14.83
i 6.55
i 1.22
7.18
8.25
1.94
9.97
j.n !
Tib j
13.94 '
10.47
10.29 ;
11.77
10.26
18. 56
14.54
9.93
9.76
12.00
19.37
11.00
10.06
8.78
13.56
12.00
9.63
.
'•
!
:
.
:
:
:
8.28
14.79 :
7.09 :
4.00
6. 95
9.17 ;
10.29
0.25
3.24
4.02
6.55
i
:
i
;
|
1.88
2.52
9.80
7.52
2.39
4.16
5.00
10.50
4.07
' 3.90
i 8.22
5. 25
2.39
17.18
13.00
i 9. 55
1 1. 50
9.21
10.33
2.55
2.23 .
3.31
5.70
13.41
3.09
4.54
1.93
1
0.15 i
8.90
19.27
3.81
5.60
2.90
'0.22
S
Abstract of reports of earnings
r
expenses, and dividends of national
banks for year ended June 30,
1923—Continued.
[In thousands of dollars.]
Cities, States, and Territories.
California
Los Angeles.
Oakland
San Francisco
Idaho.
Utah
Ogden
Salt L a k e City
Nevada..
Arizona
Pacific States
Alaska ( n o n n i e m b e r )
Hawaii (nonmember)
Total nonniember banks..
Total United States
1
Xet
earnings
during
year.
Recoveries on
ohargedoff
assets.
Losses charged
Total net
earnings
nnd recoveries
On
on
On loans
Other
bonds,
chargod- und dissecuriIosses.
off
counts. ties, etc.
assets.
off.
Ratios.
O n foreign exchange.
f), 597
3,035
493
5,038
075
124
95
419
315
285
554
029
70
729
339
7
5
90
13
84
0,151
3,264
5G3
0,367
1,014
131
100
509
328
3G9
2,417
897
345
2,012
1,033
73
69
361
200
50S
210
88
9
1,457
68
5
53
20
3
0
406
134
28
311
1.66
8
6
93
62
22
21
34
22,880
4,305
27,185
12,674
2,728
1,895
128
40
135
y
55
135
8
4
4
(
>
5
2L,8UO
16,040
181
9
190
51,100
303,920
120,438
Dividends.
w
Net
DiviNet
Dividends to addition addition
to profits
dends t o capital
to capital to profits
and
to
capital.
and
capital.
surplus.
surplus.
Per cent.
12.05
28.35
7.80
10.30
4.18
10.35
3.41
3.54
8.49
6.65
3,054
1,153
382
3,843
1,267
86
128
474
265
536
3,097
2, 111
181
2,524
i 253
45
: 28
35
63
' 167
2,959
2,892
156
2,745
20-4
88
29
85
124
113
17,425
9,760
12,128
37
126
46
60
30 67
10.00
Per cent.
8.40
18.42
4.62
5.79
2.99
7.36
2.58
2.57
6.01
4.34
11.56
18
9
63
11
8
312,820
Total
losses
charged
off.
Net
addition
to
profits.
g
Per cent. Percent.
8.79
12.61
13.45
20.70
5.36
9.05
5.32
9.52
i 3.71
i 5.18
3.77
5.29
12.49
13.29
1.06
1.46
3.05
4.32
19.82
!6.42
M
W
_
2
g
H
""0
H
g
2
L,
7.51
9
6.05
9.30
g
0.00
5.41
16.09
11.35
24 67
21.00
O
^
27
2,004
163
106
14.13
7.91
12.16
21.73
H
160,438
203,488
.179,176
13.48
7.47
8.48
i5.3i
a
••
Deficit.
C
£
d
H
•
o
d
w
w
a
Kl
7>g$. expenses, and dlvidevda of national banks by Federal reserve dhlrirts, year ended June 30, 1923
[In thousands of dollars.]
District
No. I
(390
hanks).
District : District, i District i District. District District District District District
No. 4
No. 5
No. 8
No. iO No. 11 No. 12
No. 7
No. 9
No. 6
(764
(.V.l
.0(52
(058
(002
Cf.VJ
(1,(11)2
(4!i/ ! (S;»4
(I,IUO
((),)8 I {W2
(389
b a n k s ) , j hank.-). hanks), hank*). l»anks). j banks), hanks . ! hanks), banks). : hanks). I b a n k s ) .
District
1
70,470 !
Capital
251,547
9-1,075 128,290 : 92,801 j 58,755 i 76,954
68,851
36,227 117,622 34,10:) j
Surplus.
292,611 j 141,915 113,444
;
94.9S2 " 291,57 6! 104,579 |
541, 158 23ii, (120_ 24L, 734 ! 161,652
Capitai and surplus
Gross earnings:
41,281 !
in(eresi and discount
j: », 085 210,374 j ?«.». 9r»:5
8S, 742 I 57.996 I 37,625 i 10,458
4-i.S
;:.O51 i
'451
61.4 |
'989
1,488
047 !
i )omo.- tic exchange and collection charge-.
83S
7,010 I
?m
417
79
5!.
85 |
Kiuv,ign exchange profit*
I
Commissions and earnings from insurance I
premium*and negoii;nion of reai csiaie j
loan.;, authorized hyact of Sept. 7, 1910. j
54 i
37
In to\vns o;15,000 population or less
\
63
217
40 I
30 !
, !2S
O- her earnings
'•
2,305
,012 i (1,419 i 10,480 '
, 101
8,157
Tola!
;
,"i(Vf " j ' i y ^ r i'~87, 458 jT00,2S3 -~'(;2^^!~4273^:Tffl,"7l)0"j^i765S~-"
Expenses paid:
I
!
16.986
25,698
11,790 !
8.991
9, 137
Salaries a n d wages
I 12,409 • 41, 539 j 14, 179
2, 760
1,680
2,636
J, OS 1
Inlcrcsi.'icd discount ois borrowed niiincy! 1,316 : 5, 089 : 2, 280
1', 179
40,688
18.076 ' io;s8i
13,065
Interest on deposits
1.! 24.904 78, >54 !
178
32,221
10,521. . 3,589
6,817
Taxes
i G, 017
9,
4, 055
4,243 :
3,340
16,359
;Mi
10,842
6.837 •
5l 230
4,990
Oihor expense.-:
i S. IDs 24, >20 ,
•
^
:?«). !>•>!
23.S06
^ . SuO
20',
10;;, \>M
31,737 ,
2,916 !:
;>5.o:;i.
34,653 ;
:
•1,697
2,375
677
1.83
7.932
481
ti. «iS3
3. J4,4o8
43, 779
3,965
1,957
1,204
9S
7,224
5,032
2,300
.1.725
' 789
9, Sl-6
15.924
13,803
4>|
43, 033
27. S07
15;940
24,807
16,834
12. 44
0. 97
17 .10
.91
16.94
6.75
8.04
11.47
11.78
13,12:
6.96 ;
10.26 j
.12,707
948
3 1 . 7<">4
«;.Ui2
:;>. (>55
19. iO'i
l,(io:5
20, 7(i9
41.22i i
104
750 1,328,791
590 1,070,600
1,340 2,399,391
424
29
2
72,381
1,231.
1,145
939,552
15,261
11,296
509
1,275
82,024
1,049,408
202,117
25,685
320,03 L
67,412
121,337
12,353
1, 772
11,672
4,389
6,651
19,170
1,904
21,343
5,226
10,289
141
3f>,837 |
57,~932 '
328 |
73(>, 582
14.018
if, 243
17,2(51
22, 7:15
4,283
27,018 ;
181
9
3~12 826
51,100
363,926
13,411.
735
!, 152
44
15,342
11,916
385
1.303
' 134
13,738
.12,557
2, 722
1,882
128
17,289
1,277
14,073
45,817
8. W0
1J496
10,326
lu, 709
2,959
19,668
6,159
373
740
9
7,281
12,7:K»
4G,r>39
1,606
30
Grand
total,
(8,238
banks).
! banks).
104,420
55,996
160,416
12
03
163 i
2,668 ; 5, 747 I
2,(125 : 4,717
54,647 " " T ' - ^ S S I T I " ! ^ , 855 | 80,667 |"
17,SL7
2,152
21,731.
5, 738
10, 742
(58,546
32. 422
:>;609
50, 142 ! 68,949
I, 139 ; 1,041
12, 107
1.836
20,325
3,590
7,959
.
ftJSi
Net earnings dur'rij r vcai"
liecoverii-s u\\ ciiarizcd-oir u^seis..
Toial
Losses cliarged ofT:
On loans a n d (li-coiirit-1
On. bends, swuriiies, elc
Oi tier losses.
On Lf/roi^n exchange
Total.
Nei addition l.o profitsfroii) operations during
year
Total dividends declared since J nn.e 30, 1922..
Katio:
r
Dividend^ to capital
)er cent
Dividends to capital a n d surplus do
Net addition t o proiits, to capiLal, a n d
surplus
per cent
68,216 . 91,082 i 80,430
36,411. | 46,251
39,547
104,627 : 137,33:
j Non'member
ibanks (5
:DanlC.S(.)
i
!
4,813
' 159
21,414
3,940
5:>7
7-1/
15
5,239
14.285 :
11,291 j
8,812
9,390
19,812
20,965
8, S34
7, 728
3,045
8,393
4,326
1.0, 468
3,52-3
9,142
9,729 !
12,078 |
163
106
203,488
179,176
1.2.17 I
15. <JS
9.89
.1.1.85
7. .12
.10,97
7.39
12.30
8.02
11.49
7.62
11.37
7.62
II.57I
7.53 j
9.28
6.73
8.45
2.91
3.15
2.94
6.06 |
14.13
7.91
12.16
13.48
7.47
8.48
4,785 i
619 :
1,044 ;
36 !
6, 484
6.98
!
8.84 .
l;
248
844
13,7:57
2,9 m
J . f),-{)
j
!
1
!..
j
100
8
8
11
27
120,438
21,890
16,046
2,064
160,438
66
REPORT OF THE COMPTROLLER OF THE CURRENCY.
National-bank investments in United States Government securities and other bonds and
securities, etc., loans and discounts (including rediscounts), and losses charged off on
account of bonds and securities, etc., and loans and discounts, years ended June 30, 1918
to 1928, inclusive.
[Tn thousands of dollars.)
Year ended
June 30.
United
Loans and
Total
States
Other
discounts
Govern- bonds and bonds and including
securities,
ment
securities.
rediscounts.
etc.
securities.
2,129,283
3,176,314
2,269,575
2,019,497
2,285,459
2,693,846
1918
1919
1920
1921
1922
1923
1.840,487
1,875,609
1,916,890
2,005,584
2,277,866
2,375,857
3,969,770
5,051,923
4,186,465
4,025,081
4,563,325
5,069,703
10,135,842
11,010,206
13,611,416
12,004,515
11,248,214
11,817,671
Losses
charged
off on
loans
and discounts.
Losses
charged
off on
bonds
and securities,
etc.
33,964
35,440
31,284
76,210
135,208
120,438
Percent- Percentage of
age of
losses
losses
charged charged
off on
off on
account
bonds
loans
andse
and dis- curitie
counts
to total to tote
bonds
loans
and seand dis- curities.
counts.
44,350
27,819
61,790
76,179
33,444
21,890
0.34
.32
.23
.63
1.20
1.02
LI*
.51
1.41
1.81
.73
.43
Number of national banks, capital, surplus, dividends, net addition to profits, and ratios, '
years ended June 30, 1914 to 1923.
i
Percentages.
Year ended Number of
June 30.
banks.
Capital.
Surplus.
Dividends.
Net addition
to profits.
Divi-
Net
addiDivi- dends tion to
to
dends
profits
capital to
to
capital. and italcapanc
surplus. surplus.
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
7,453
7,560
7,571
7,589
7,691
7,762
8,019
8,147
8,246
8, 238
$1,063,978,175
1,068,577,080
1,066,208,875
1,081.670,000
1,098,264,000
1,115,507,000
1,221,453,000
1,273, 237,000
1,307,199,000
1,328,791,000
$714,117,131 $120,947,090
726,620, 202 US, 707,065
731,820,365
114,724,594
765,918,000
125,538,000
816,801,000
129,778,000
869,457,000
135,588,000
984,977, (XX) 147,793,000
1,026,270,000
158,158,000
1,049,228,000
165,884,000
1,070,600.000
179.176.000
$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
203,488.000
11.37
10.63
10.76
11.61
11.82
12.15
12.10
12.42
12.69
13.48
6.80
6.33
6.38
6.79
6.78
6.83
6.70
6.88
7.04
7.47
8.3£
7.0£
8.76
10.52
11.09
12.11
12.78
9.40
7;79
8.48
RELATION OF CAPITAL OF NATIONAL BANKS TO DEPOSITS,
ETC.
The proportion of capital of national banks at the date of each
report following the midsummer report since 1917, to individual
deposits, to loans and discounts, and to aggregate resources; of
capital, surplus and profits to individual deposits, and of cash on
hand and amounts due from Federal reserve banks to individual
deposits, is shown in the statement following:
Items.
: Sept, 11, ! Aug. 31,
. 1917. i 1918.
Sept. 12,
1919.
Sept. 8,
1920.
Sept. 63
1921.
Sopt. 15,
1922.
Sept. 14,
1923.
Capital to individual
deposits
$1.00-88.96:$1.00-$9. 41 $1.00-S11.14 $1.00-810. 89 $1.00-J9.43 $1.00-810. 28;$1.00-810.65
Capital to loans
1.00- 8.49 1.00- 9.18 1.00- 10.131 1.00- 10.99 1.00- 9.15 1.00- 8.60 1.00- 8.96
Capital to aggregate
resources
1.00-15.
5.33 1. 00-16.92 1.00- 19.38 1.00- IS.: 1.00-15. 4o' 1.00- 16.01 1.00- 16.30
Capital and surplus
and other profits to
individual deposits. 1.00- 4.37] 1.00- 4.47 1.00- 5.07 1.00- 4.90 1.00- 4.23 1.00- 4.65 1.00- 4.8
Cash on hand and
balances with Federal reserve bank
I
to individual deposits
1.00- 5. 86'; 1.00- 6. 20 1.00- (j. 20 1.00- (). 19, 1.00- 7.11 1.00- 6.78 1.00- 7.12
67
REPORT OF THE COMPTROLLER OF THE CURRENCY.
PER CENT RATIO OF PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF NATIONAL BANKS TO AGGREGATE ASSETS.
Tho percentage of loans and discounts, United States Government
securities, capital, surplus and profits, and individual deposits, to
aggregate resources, at the date of each call following the midsummer call for reports of condition, in years 191o to 1923 inclusive,
is shown in the following statement:
Items.
1915
Loans and discounts, including rediscounts
United States Government
securities
19 Hi
1917
191.8
1919
1920
1922
19-.H
1923
;>.">. i
51. 2
52.3
59. 2
59. a
:>3. 7
55.0
(5.4
5.0
(i. 9
\[\. 2
14.9
9. 4
9. 1
11.5
12.0
(51.9
«0. 2
02.3
07.4
07. 2
OS. 0
OS. 0
05. 2
67.0
8 7
8.3
53. 4
7 \
7.4
/>(>. 5
(> 5
(i. 8
58. 4
f 0
>
0. f
>
"),"). 0
.- o
0.2
57. 4
5. 4
0. 0
58. 7
0. 5
7.9
01.0
0. 2
7. 0
fi4. 2
0.1
7.3
05. 4
70.4
71.3
71.7
OS. 0
OS. 8
70.7
75.4
78.0
78.8
r
)O. ')
Total
Pflnital
Surplus and profits
Deposits (individual)
Total
NATIONAL BANK EXAMINERS.
The following is a list of the examiners in the service on October
31, 1923.
CHIEF NATIONAL BANK EXAMINER.
Pole, J. W., Office Comptroller of Currency, Washington, I). C.
ASSISTANT CHIEF NATIONAL BANK EXAMINER.
Sheeliau, William F., care of Comptroller of Currency, Washington, I>. C. ('assigned
Districts 7 and 9.)
DISTRICT CHIEF NATIONAL BANK EXAMINERS.
Federal
reserve
district
No.
Name.
Bean, Norwin S.
2 I Borden, Daniel C
!
'
Newnham, Stephen
4
Thomas, Thomas C
Rorebeck, E. ¥
Robb, E l l i s D . . .
Sims, Howard M.
Wood, John S. . .
Harris, Thomas E
10
Roberts, Luther K
11 Collier, Richard II
12 Machen, Harry L
Address.
Telephone No.
Room 614, 45 Milk Street, Boston, ; Congress 3859.
Mass.
j 720 United States Customhouse, Broad 47.S7.
I New York, N. Y.
L. 1413 Jefferson Building, Philadel- Walnut 4309.
phia, Pa.
527 Williamson Building, Clove- Main 325.
land, Ohio.
710 National Metropolitan Bank ; Main 1089.
Building, Washington, D. C.
504 Post Office Building, Atlanta, ; Ivy 0497.
Ga.
Room 005, 79 West Monroe Street, ! Randolph 4796.
Chicago, 111.
.
1310 Federal Reserve Bank Build- :j Olive 5827.
ing, St. Louis, Mo.
416 New York Life Building, Min- : Main 4617.
neapolis, Minn.
800 Federal Reserve Bank Build- . Victor 1648.
ing, Kansas City, Mo.
I 312 Magnolia Building, Dallas, Tex.! X 3698.
12
Buildi
^
103
j 1103 Alexander '.
Building, San Sutter 4438.
Francisco, Calif.
68
REPORT OF THE COMPTROLLER OF THE CURRENCY.
NATIONAL BANK EXAMINERS.
Federal
reserve
district
No.
Address.
Allanson, Edward A.
10
Allen, Edgar F. (JG).
10
2
5
Allsup, Archie S
Alvey, John C
Amrhein, Joseph A. .
12
Anheier, C. II.
10
2
3
9
Armstrong, George E. .
Cecil Ash wood (JG). ..
Baker, William B
Baldridge, William II.
3 Barrett, John W
11 Bar lee, James S
6 I Baslmm, Albert A...
| Best, John A. (R)...
9 ! Bina, James C
1 !| Black, Harold W....
7 lily, J. Garver (JG).
9 I Boldin, Bernard E. .
6 j Borden, John C
3 • Boysen, Alfred
10 : Brennan, J. P. (JG).
11 Brewer, H. F., jr
10 , Brock, Ilolaud F
5
Brooks, Roger E.
1
Carolan, Wm. B
Carter, Aubrey B. (U)
5
Carson, Thomas D
10
Chambers, Arthur R
3 i Chapman, Chas. H . . .
io! Chapman, Edward L.
Chase, H. Guy
12
5
Chorpening, Ira I .
Cloe, William B . .
1
12
4
Coffin, George M
Coffin, Gilberts
Colley, Leon II. (JG)
Conner. Joseph H. (JG)
7
10
Cooney, Dan H .
Cooper, Roy A..
1 Cooper, Thomas A.
7 Craig, Claude ( ) . . . .
12 Crawley, Wm. C...
Post-office box 61, Lancaster, Pa. (telegrams, 719
East Orange Street).
800 Federal Reserve Bank Building, Kansas
City, Mo.
Do.
315 Stuyvesant Apartments, Buffalo, N. Y.
510 Virginia Ky. & Power Building, Richmond,
Ya.
43(1-437 II. W. Hellman Building, Los Angeles,
Calif.
1226 Downing Street, Denver, Colo.
720 United States Customhouse, New York.
1413 Jefferson Building, Philadelphia, Pa.
American National Bank, Billings, Mont, (postoffice box 1328).
1413 Jefferson Building, Philadelphia. Pa
Post-oilice box 222, Brown wood, Tex.
Post-office box 553, Atlanta, Ga.
Springfield National Bank, Springfield, Ohio.
416 New York Life Building, Minneapolis, Minn.
Room (U4, 45 Milk Street, Boston 9, Mass.
710 East Main Street, Muncie, Ind.
Post-office box 237, Detroit, Minn, ''telegrams,
care of Greystone Hotel).
1927 Rose Avenue, Knoxville, Tenn.
Post Of lice Building, Wilkes-Barre, Pa.
800 Federal Reserve Bank Building, Kansas.
City, Mo.
j 369 First National Bank Building, El Paso, Tex.
Post-oflice box 574, Itutchinson, Ivans, (telegrams, care of Miss Eva Beem, 723 llorabaughWilev Building).
710 National Metropolitan Bank Building. Washington, D. (.;.
45 Milk Street, Boston 9 :l , Mass.
Room 21-1, Treasury Department, Washington,
I). C.
711 National Metropolitan Bank Building, Washington, D. C.
800 Federal Reserve Bank Building, Kansas
City, Mo.
1413 Jefferson Building, Philadelphia, Pa.
800 Federal Reserve Bank Building, Kansas
City, Mo.
Secretary to comptroller, office of the Comptroller
of the Currency, Washington, I), C.
1026 Orange Street, Los Angeles, Calif.
Post-ofJlce box 11.85, lluntington, W. Ya. (telegrams, 1222 Tenth Avenue).
71 College Street, New Haven, Conn.
403 Empire State Building, Spokane, Wash.
527 Williamson Building, Cleveland, Ohio.
j 1310 Federal Reserve Bank Building, St. Louis,
Mo.
331 Federal Building, Milwaukee, Wis.
Post-oflice box 1546, Muskogee, Okla. (telegrams,
care of B. E. Freeman, 222 Federal Building).
40 Chapel Street, Augusta, Me.
216 Federal Building, Des Moines, Iowa.
1103 Alexander Building, San Francisco, Calif.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
69
NATIONAL BANK EXAMINERS—Continued.
Address.
Office of Comptroller of Currency, Washington,
D. C.
720 United States Customhouse, New York, N. Y.
Culver, Wm. A.
Oflice of Comptroller of Currency, Washington,
Cults, Arthur I)
D.C.
710 National Metropolitan Bank Building,
Cutts, LeoM....
Washington, D. C.
Post-office box 958, Charlotte, X. C. (telegrams,
Dal ton, John W.
Mecklenberg Hotel).
1413 Jefferson Building, Philadelphia, Pa.
3 : Davenport, Henry B . .
720 United States Customhouse, New York, N.Y.
2 : DeBaun, Claud. /.
1413 Jefferson Building, Philadelphia, Pa.
3 : Derr, Ralph II
132 East Twenty-first Street, Paterson, X. J.
2 Dillistin, Wm. II
45 Milk Street, Boston 9a. Mass.
1 : Dooley, Thos. E. (JG).
Post-office box 981, Harrisburg, Pa.
3 Dotv/Robert W
1413 Jefferson Buiiding, Philadelphia, Pa.
3 . DulJois, N a t h a n S . . . .
201 Capitol Building, Cheyenne, Wyo.
10 I)UTmway. Warren W..
17 Magill Block, Fargo, N\ Dak.
9 Dwyer, Thomas it
1310 Federal Res(?rve Bank Building, St. Louis,
8 : Dye, Samuel \V
Mo.
i
i Post-office box .1053, Pittsburgh, Pa.
4 Ebnother, Charles \V
! Care of Branch Federal Reserve Bank, Houston,
11 Embry, Jacob
Tex.
Evans, Clyde J
1120 Bell Building, Montgomery, Ala.
12 Evans, Win. C
1107 A. Mattei Building, Fresno, Calif.
J11 East Auburn Avenue, Cincinnati, Ohio.
4 Faris, A. .Burton
321 Xorth First Street, Gutlirie, Okla. (telegrams,
10 Filsoii, Chas. II
Western Union).
Oil Minnehaha Building, Sioux Falls, S. Dak.
9 i Fiman, Charles F .
Cordele, Ga.
9i Fletcher, Thos.. .E..
711 National Metropolitan Bank Building, WashFolger, Win. P .
ington, D. 0.
10 | Fredlund, J. O. (JG).
£00 Federal Reserve Bank Building. Kansas
City, Mo.
Funsten, J. B,, jr
720 United States Customhouse, Is ew York, N. Y.
Box 4.25, Evanston, 111. (telegrams, North Shore
Fu i Lsien. Wm. P
Hotel).
Post-oflice box 1058, Pittsburgh, Pa. (telegrams,
Furbee, Ernest M
900 Hill Avenue, Wilkinsbiirg, Pa.),
('are of Division of insolvent National Banks,
Garrott, Robert D. (R>
Oflice of Comptroller of Currency, Washington,
D. (\
6 Gilbert, II. B. (JG)..
504 Post Office Building. Atlania, ("Ja.
12 (Ua/.ier, Chas. A
1L03 Alexander Building, Ban Francisco, Calif.
10 ]i Goodell, George W . . .
2070 Clermont Street, Dem.'er, Colo.
2 Goodhart, Richard W.
720 United Stat(?s Customhouse, New York,
N.Y.
12 (iomrh, F,. ii.
310 Central Building, .Seattle?, Wash,
2 Graham, ( harles S
.104 Prospect Avenue. Hackonsaek, N. J.
2 Graham., Herbert A. (JG). 720 United States Customhouse. New York,
N. Y.
12 : Gray, Win. M
406 Customhouse, Portland, Oreg.
1 Greene, Thomas M.. (JG).. 45 Milk. Street, Boston, i)a, Mass".
7 Greenfield, James B
416 New York Life Building. Minneapolis, Minn.
'temporarily').
10 : Griffey, Orville A
800 Federal Reserve Bank Building, .Kansas
Ciiv^Mo.
4 ;; Griswold. Win. C.
527 Williamson Building, Cleveland, Ohio.
10 Hackney, Win. X.
Room 2, King Building, Norfolk, Nebr.
4 . llane, Henry B . . .
527 Williamson Building, Cleveland, Ohio.
70
REPORT OF THE COMPTROLLER OF THE CURRENCY.
NATIONAL BANK EXAMINERS—Continued.
Federal
reserve
district
Name.
Address.
No.
Ifaneke, Edward C.
Post-office box 151, Lima, Ohio (telegrams,
1144 Brice Avenue).
Harrington, Timothy J. .
720 United States Customhouse, New York,
N. Y.
1413 Jefferson Building, Philadelphia, Pa.
3 Hartman, Chas. II
7 Haugen, Nels E
2803 Grand Avenue, Des Moines, Iowa.
332 Post Office Building, Amarillo, Tex.
11 Hedrick, Gilbar 0
312 Magnolia Building, Dallas, Tex.
11 Herndon, J. B., jr. (JG) .
2 Billiard, Walter B
Wellington Hotel, Albany, N. Y.
Care of War Finance Corporation, Southern
Hodgson, Reginald M. . .
Building, Washington, I). C.
12 Hooper, Marshall.
Post-office box 360, Pocatello, Idaho.
10 Homer, Harry N.
Post-office box 606, Norman, Okla. (telegrams,
202 West Symes Street).
7 Houston, Robert 0
609 Spencer Avenue, Marion, Ind.
9 Hughes, John P
205 Minnehaha Building, Sioux Falls, S. Dak.
1 Hurley, Michael J
45 Milk Street, Boston 9 a , Mass.
11 Hutt, Wm.E
Sherman, Tex.
12 Idleman, Perry L
310 Central Building, Seattle, Wash.
12 James, Arthur L
2610 F Street, Sacramento, Calif.
9 Johnson, A. W. (JG)....
416 New York Life Building, Minneapolis, Minn.
7 Johnson, Carl E. H
Room 605, 79 West Monroe Street, Chicago, 111.
Johnson, Robin M. (R).
Care of First National Bank, Hearnc, Tex.
12 .Torres, Gustave W. (JG).
436-437 Hellman Building, Los Angeles, Calif.
Joseph, Edward M
Keegan Apartments, 1H West Madison Street,
Danville, 111.
2 Kelly, Burdett. . .
Post-office box 324, Kingston, N. Y.
10 Kennedy, Leon G.
Post-office box 517, Clinton, Okla.
2 Klein, Benton....
407 West One hundred and forty-sixth Street,
Now York, N. Y.
3 Kei ner, John H
1413 Jefferson Building, Philadelphia, Pa.
11 Knight, Marvin J. (JG)
3.12 Magnolia Building, Dallas, Tex.
10 Lahman, Howard S
800 Federal Reserve Bank Building, Kansas
City, Mo.
11 Lamb, Ernest
3618 Stuart Street, Greenville, Tex.
12 Lamm, R. Foster
Room 323 Yates Building, Boise, Idaho.
6 Lammond, W. Morris.
120 United States Customhouse, New Orleans,
La.
4 Lanum, Harry L
527 Williamson Building, Cleveland, Ohio.
5 La Roque, Oscar (WFC)... Marion, S. C.
7 Leyburn, Alfred P
Room 605, 79 West Monroe Street, Chicago, 111.
9 Lifsey, Wm. P
416 New York Life Building, Minneapolis.
12 Logan, Joseph M
436-437 H. W. Ilellman Buildinsr, Los Angeles,
Calif.
11 Longmoor, Stanley A.
312 Magnolia Building, Dallas, Tex.
7 Lorang, Peter J
Room 605, 79 West Monroe Street, Chicago, 111.
9 Luce, Frank H
American National Bank, Billings, Mont.
1 Luiken, John B
45 Milk Street, Boston 9 a , Mass.
6 McBryde, W. Waller..
823 JeiTerson County Bank Building, Birmingham, Ala.
11 McCans, Alexander B —
312 Magnolia Building, Dallas, Tex.
7 McCreight, Harry A
716 West William Street, Decatur, 111.
9 McGarvey, Frank S. (JG).. 416 New York Life Building, Minneapolis, Minn.
Post-office box 592, Indianapolis, Ind. (tele7 McGrath, John C
grams, 1701 College Avenue, Harold Apartments, No. 1).
4 : McKee, Herbert J.
527 Williamson Building, Cleveland, Ohio.
Post-office box 1058, Pittsburgh, Pa. (telegrams,
4 I McKee, Joel S
512 Federal Building).
12 McLean, Chas. II. ( J G ) . . . . 310 Central Building, Seattle, Wash.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
71
NATIONAL BANK EXAMINERS-Continued.
Federal
reserve
district
Name
Address
No.
McMullan, John R.
McPike, Benj
j
Macdonald, Frederick G.. J
Madland, Leland L
|
Maguire, Edward J
Maloney, 3d, Wm. W.(JG).
Mann, Stuart II
8
2
9
2
2
8
11 Mansfield, Fred S.
2 Marcuse, Benj
12 Martin, Leo I I . .
12 Maxey, Chas. T.
2 Mertens, Charles R...
5 .Miles, Albert F. (JO).
8 Millard, Samuel T . . . .
4 A Ion tgoin cry, Robert..
7 Moon, Earl'W
5 Moore, Geoige M
5 Moore, Samuel A
j
8
I
Morgan, Wm. M
10 Mueller, Arthur M. (JG)...
Murphy, Daniel F. (JGN; i
9 . Nelson, Xols ( J G ) / . . . . ' . . . . :
10 Noone, Dennis I
:
12
I.
2
7
8
;
!
!
i
i
8
It
10
7
9
2
5
Norris, Frank I,
North cutt, V. Uuborn.
Otto, Chas. C
Parker, Edward F
Partridge, Paul
Patterson, Bert K
1 Larson. Herbert
Peightcl, John C
Peuix, Jesse L
Peterson, F. Raymond
:
Potter, Fulion F
Power, Robert E.
Proctor, John L
Ramsdell, Paul C
i
Reed, William II..
10 i
Reinholdt, Carl A.
10
7
2
4
1
Riley, Jay M
Robinson, E. Robert.
Rockey, Kenneth 11..
Roots, J. Oscar
Ryan, Frank J
711 National Metropolitan Bank Building,
Washington, D. 0.
1052 South First Street, Evansville, Ind.
Box 926, Buffalo, N. Y.
416 New York Fife Building, Minneapolis. Minn.
720 United States Customhouse, New York, N.Y.
Do.
13.10 Federal Reserve Bank Building, St. Louis,
Mo.
312 Magnolia Building, Dallas, Tex.
560 West One hundred and forty-fourth Street,
New York, N. Y.
1103 Alexander Building, San Francisco, Calif.
436-437 H. W. Hellman Building, Los Angeles,
Calif.
Woodruff Hotel, Watertown, N. Y.
Post-office box 927, Wilmington, N. C. care War
Finance Corporation.
South Side Station, box 24, Springfield, Mo.
509 National Bank Building, Wheeling, W. Va.
335 Federal Building, Rock Island. 111.
Post-office box 752, Cumberland, Md. (apartment 14, Deal-Ford Building, Glenn Street).
71L National Metropolitan Bank Building,
Washington, D. C.
205 Federal Building, Louisville, Ky. (telegrams, 2009 Kenihvorth Avenue).
800 Federal Reserve Bank Building, Kansas
City, Mo.
45 Milk Street, Boston 9rt, Mass.
416 New York Life Building, Minneapolis, Minn.
224 Federal Building, Salina, Kans. (telegrams,
Vallette Apartment, 31.4 West Ash).
1925 Seventh Avenue, New York, N. Y.
Post-office box .1175, Lakeland, Fla.
1124 Walnut Street South, Spokane, Wash.
45 Milk Street, Boston 9", Mass.
720 United States Customhouse, New York, N. Y.
Room 005, 79 West Monroe Street- Chicago, 111.
131.0 Federal Reserve Bank Building, St. Louis,
Mo.
622 Normal Street, Springfield, Mo.
Crawford Apartments, Waco, Tex.
800 Federal Reserve Bank Building, Kansas
City, Mo.
110 North Adams Avenue, Mason City, Iowa.
355 Post Office Building, Bismarck, N. Dak.
720 United States Customhouse, New York, N. Y.
7.11 National Metropolitan 'Bank Building,
Washington, D. C.
800 Federal Reserve Bank Building, Kansas
City, Mo.
1310 Federal Reserve Bank Building, St. Louis,
Mo.
800 Federal Reserve Bank Building, Kansas
City, Mo.
349 Auburn Avenue, Grand Rapids. Mich.
720 United States Customhouse, New York, N. Y.
527 Williamson Building, Cleveland, Ohio.
45 Milk Street, Boston 9", Mass.
72
REPORT OF THE COMPTROLLER OF THE CURRENCY.
NATIONAL BANK EXAMINERS—Continued.
Federal
reserve
district
Address.
No.
Sailor, Vance L
1310 Federal Reserve Bank Building, St. Louis,
Mo.
Sawyer, jr., John T
536 Lake Drive, apartment 6, Milwaukee, Wis.
Detroit, Mich.
/ Schechter, Wm. J
436-437 H. W. Ilellman Building, Los Angeles,
12 Sawyer, jr., Lewis M
Calif.
Schofield, John W. (U)
1539 Hayworth Avenue, Hollywood, Calif.
Wichita Falls, Texas.
11 Sellers, Wiley B
Post-office box 463, Columbus, Ohio (telegrams,
Shively, Edwal F
4
985 Manhattan Avenue, Dayton, Ohio).
539 Elm Street, Reading, Pa. (telegrams, 31
Sisk, CarlM
3.
North Fourth Street).
416 New York Life Building, Minneapolis, Minn.
Smiley, Mervale D
3000 James Avenue South, Minneapolis, Minn.
9 Smith, Arthur B
Care of War Finance Corporation, Southern
Smith, Clarence F
Building, Washington, I). C.
1413 Jefferson Building, Philadelphia, Pa.
3 Smith, George F
Post-office box 336, West Newton, Pa.
4 Smith, George II
416 New York Life Building, Minneapolis, Minn.
9 Smith, John II
Federal Building, Hastings, Nebr.
10 Smith, Roy E
Smith, William A. (JG).... 1310 Federal Reserve Bank Building, St. Louis,
8
Mo.
711 National Metropolitan Bank Building,
Snapp, John W
5
Washington, I). C.
Post-office box 231, Sunbury, Pa. (telegrams,
Snyder, Yernon G
3
1236 Race St.).
527 Williamson Building, Cleveland, Ohio.
4 Stanfield, Artie J
720 United States Customhouse, New York,
2
N. Y.
Stearns, E. Willey
Office of Comptroller of Currency, Washington,
D. C.
Stewart, A deli a M
Post-office box 63, East Falls Church, Va.
o
Post-office box 31.3, Honolulu, Hawaii.
Stewart, Charles A
Post-office box 998, Aberdeen, S. Dak. (tele9 Stobie, C. A
grams, apartment 315, The Dorian).
Post-office box 96, Spencer, Iowa.
7 Storing. Chas. C
Stuart, Robert K
800 Federal Reserve Bank Building, Kansas
10
City, Mo.
2 Sullenberger, Samuel F
720 United States Customhouse, New York,
11
Thompson, Kenneth W
5
6
12
7
2
Thorn Leslie D
3
Tucker, Grattan II
Yann, John R. (JG)
Waldron, Walter J
WTalker, Harry W
Watson, Ernest H
12
Whiteman, Horace C
12
Wilde, Max C
Wilde, OttoF
Williams, C. L. (R)
Willimas, F. D
12 Williams, Robert C
11 Williams, Thomas M . . . .
Willson, Earle V. K
Wilson, Charles F
Room 315 Federal Building, Shreveport, La.
(telegrams, 1736 Irving Place).
Post-office box 562, Raleigh, N. C.
504 Post Office Building, Atlanta, Ga.
1103 Alexander Building, San Francisco, Calif.
Room 605, 79 West Monroe Street, Chicago, 111.
720 United States Customhouse, New York,
N. Y.
Post-office box 32, Altoona, Pa. (telegrams,
Tierney, apartment D,1313 Thirteenth Street).
406 Customhouse, Portland, Oreg. (telegrams,
736 Halsey Street).
1103 Alexander Building, San Francisco, Calif.
Commercial National Bank, Wilmington, N. C.
Commercial National Bank, Great Falls, Mont.
Care of War Finance Corporation, Southern
Building, Washington, D. C.
1103 Alexander Building, San Francisco, Calif.
Mead Building, Rutland, Vt.
Office of Comptroller of Currency, Washington,
D. C.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
73
N ATIO .v A L B A xK E x A MIX K K s—Con tinued.
Federal
reserve
district
No.
Address.
11
5
Wilson, Edward IS
Wilson. Robert F .
Wilson, William P. (J(i).
Wood. I). JKobertsoii
11
8
9
Woods, John K . .
Woodside, H a l . . .
Wright, Elmer M .
9
3
Wright, Invin I)..
Wyfie, Robert W .
8 | Young, William R
i
2 ! Younger, Cole ,T.
3010 Ingereoll Avenue, Dos Moines, Iowa.
Post-office box 502, Waterloo, Iowa.
312 Magnolia Building, Dallas, Texas.
Pulaski Rational Bank Building, Pulaski, Ya.
(telegrams, 109 Eighth Street).
31.2 Magnolia Building. Dallas, Tex.
Con way, Ark.
416 New York Life Building, Minneapolis,
Minn.
Fargo, N. Dak.
Post-office box 244, Williamsport, Pa, (telegrams, care of C. L. Page, Post Office Building).
407 Central Stale National Bank Building,
Memphis, Term,
720 United States Customhouse, New York,
N. Y.
(R) Ac! ing as receiver of national bank.
(.10) National oank examiner, junior jrraae.
(WFC) Detailed for temporary duty to War Finance Corpora!ion.
(U) Unassigncd.
NATIONAL BANK FAILURES.
Fifty-two national banks, with abrogate capital of $3,205,000,
were placed in charge of receivers during the year ended October 31,
1923. 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.
From date of the first failure of a national bank in 1865 to October
31, 1923, the number of banks placed in charge of receivers was 711.
Of this number, however, 50 were subsequently restored to solvency
and permitted to resume business. The total capital of these failed
banks at date of failure was $102,765,920, while the book or nominal
value of the assets administered by receivers under the supervision of
the comptroller aggregated 8469,920,405, and the total cash thus far
realized from the liquidation of these assets amounted to $227,713,209. In addition to this amount, however, there has been realized
from assessments levied against shareholders the sum of $26,451,791,
making the total cash collections from all sources $254,165,000,
which have been disbursed as follows:
In dividends to creditors on claims proved, amounting to $243,384,197,
the sum of
$169, 875, 675
In payment of loans and other disbursements discharging liabilities of
the bank other than those of the general creditors
58, 701, 872
In payment of legal expenses incurred in the administration of such
receiverships
6,395, 347
In payment of receivers' salaries and other expenses of receiverships.. 11,936, 946
There has been returned to shareholders in cash
4,139,079
Leaving a balance with the comptroller and the receivers of
3,116, 081
Total
254,165, 000
74
REPORT OF THE COMPTROLLER OF THE CURRENCY.
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 124 national banks
that are still in charge of receivers amounted to $92,480,144. The
receivers had realized from these assets at the close of business on
October 31, 1923, the sum of $34,615,964 and had collected from the
shareholders on account of assessments levied against them to cover
deficiencies in assets the further sum of $2,444,943, making the total
collections from all sources in the liquidation of active receiverships
the sum of $37,060,907, which amount has been distributed as follows:
Dividends to creditors (to Sept. 30, 1923 >
Loans paid and other disbursements discharging liabilities of the bank
other than those to the general creditors
Legal expenses
Receivers' salaries and all other expenses of administration
Amount returned to shareholders in cash
Leaving a balance with the comptroller and the receivers of
Total
$17, 066, 891
14, 332,
508,
1, 728,
354,
3, 069,
393
807
772
246
798
37, 060, 907
The receiverships of six national banks were closed during the year,
making a total of 587 closed receiverships.
The collections from the assets of the 587 national banks, the
affairs of which have been finally closed, amounted to $193,097,245,
and together with the collections of $24,006,848 from assessments
levied against the shareholders, make a total of $217,104,093, from
which on claims aggregating $196,786,558 dividends were paid
amounting to $146,779,303.
The average rate of dividends paid on claims proved was 77.66
per cent, but including offsets allowed, loans paid, and other disbursements with dividends, creditors received on an average 84.03
per cent.
The expenses incident to the administration of these 587 trusts—
that is, receivers' salaries and legal and other expenses—amounted
to $16,094,714 or 4.53 per cent of the nominal value of the assets and
7.41 per cent of the collections from assets and from shareholders.
The outstanding circulation of these banks at the date of failure was
$29,952,701, which was secured by United States bonds on deposit
in the Treasury of the face value of §32,263,550. The assessments
against shareholders averaged 52.29 per cent of their holdings, while
the collections from the assessments levied were 48.78 per cent of
the amount assessed. The total amount disbursed in dividends
during the current year to the creditors of insolvent banks was
$3,371,822.45.
In the table following is summarized the condition of all insolvent
national banks, the closed and active receiverships being shown
separately:
REPORT OF THE COMPTROLLER OF THE
75
CURRENCY.
Closed
Active
receiverships, receiverships,
587.1
124.
Total, 711.
$377,440,261
$92,480,144
$469,920,405
Disposition of assets:
j
Collected from assets
I 193,097,245
Offsets allowed and settled
; 34,140,870
Loss on assets compounded or sold under order of court...I 130,147,960
Nominal value of assets returned to stockholders
15,SIS,008
Nominal value of remaining assets
4,236,178
34,615,964
7,075,149
6,088,299
227,713,209
41,216,019
136,236,259
15,818,008
48,936,910
Items.
Total assets taken charge of by receivers
Total
"44," 700," 732*
377.440,261
Total collections.
Disposition of collect ions:
Loans paid and other disbursements
Dividends paid
Legal expenses
Receivers' salary and ot her expenses
Amount returned to shareholders in cash .
Balance with comptroller or receiver
Total
92,480, 144
469,920,405
; 193,097, 245
! 24,006, S48
34,615,964
2,444,043
~227~ 713^209
26,451,791
217,104,093
Collected from assets as above
Collected from assessments from shareholders-
37,060,907
254,165,000
44, 369,479
152,808,784
886,540
208, 174
784,833
46, 283
14,332,393
17,066,891
508,807
1,728,772
354,246
3,069, 798
58,701,872
169,875,675
6,395,347
11,936,946
4.139,079
3; 116,081
37,000,907
254,165,000
8,315.000
5,9.15J000
102~44()^920
38,179,150
1,995,1.19
4,666,447
36.017,114
34'. 620,148
56'. 358,240
243; 384,197
; 217. 104,093 |
Capital stock at date of failure
j 2 <J1.125,920
United Stales bonds held at failure to secure circulating notes.; 32,203,550
Amount realized from sale of United Stales bonds held to ;
secure eircuiat ins notes
\ 34.021,995
Circuit) tion outstanding at fail are
| 29,953,701
Amount of assessment, upon shareholders
: 49,218,240
Claims proved
• 196,786,558
7,140,000
46,597.639
1
Includes 50 banks restored to solvency.
- Includes capital stock of 50 bunks restored to solvency.
Data relative to the capital, date of appointment of receiver, and
per cent of dividends paid to creditors of six insolvent national
banks, the affairs of which were closed during the year ended October
31, 1923, appear in the following table:
i Pate receiver ,'
j appointed. I Capital,
Title.
Atlantic National 'Bank
Mercantile National Bank
IslandCity National Bank
First National Bank
Heard National Bank
First National Bank
1
Representing
j Providence, R. I
; Pueblo, Colo
Key West, Fla
j Bristol, 8."Dak
; Ja'-kso-.iville, Fla
uidsonja, Ark.
:
Apr.
Afar.
July
Nov.
•Ian.
June
16.1913 | S300.000
30, J915 I
200'000
29.1915
100,000
17, 1.915
25.000
17', 1917 1.000,000
29.1920
30,000
LOO p e r ciMit o n p i i n c i p a l of ( ' a i m s u -id 3 2 p e r c o m ofj m e r e s t
I Tor cent
^dividends
j paid to
• creditors.
80
84
83.5
73
1 104
60
due.
Of the 52 banks plac d in charge of receivers since October 31,
1922, 1 was closed on account of the inability to realize on loans; 9,
injudicious banking; 1. crop loss; 7, injudicious banking <md adverse
business conditions; 1, es 2cssive loans, injudicious banking and depreciation of securities; 5, inability to meet demands; 3, closed by run;
1, large losses, withdrav als. and insufficient credit; 4, heavy withdrawals; 1, defalcation }f officers; 4, large demands and depleted
cash: 1, large losses and njudicious banking; 2, depleted reserve and
shrinkage of deposits; 1, defalcation of cashier; 2, large losses; 1,
unable to realize on assets; 1, large losses and defalcation; 1, defalca
76
REPORT OF THE COMPTROLLER OF THIi CURRENCY.
tion of former cashier; 1, irregularities of president and speculation
in real estate; 1, directors closed due to rumor of run; 1, large losses
in loans and discounts; 1, heavy withdrawals and lack of public confidence; 1, in order that receiver could assess stockholders; and 1,
injudicious banking and failure of large debtors.
The following statement is a comparison of the 40 insolvent national
banks with capital of $25,000 and the 123 insolvent national banks
with larger capital which were placed in receivership since January
1, 1900, the year national banks with capital of §25,000 were authorized, which receiverships have been finally closed:
Number of banks.
!
40—capital 123—capital
of over
I $25,000.
$25,000.
Total capital stock
Total deposit at date of failure
Total claims proved
Total dividends paid to creditors
Average per cent of claims paid
$1,000,000 $19,743.500
3,289,150
71,818,9-10
3.007, 082 j 60,569,778
2,3(M, 451 j 52,215,787
79.38 I
82.17
It will be noticed that the average per cent paid by the banks was
79.38 for the $25,000 banks and 82.17 for the banks with a larger
capital, a difference of only 3.79 per cent.
CONVICTIONS OF NATIONAL BANK OFFICERS AND OTHERS
FOR VIOLATIONS OF THE NATIONAL BANKING LAWS DURING THE YEAR ENDED OCTOBER 31, 1923.
During the year ended October 31, 1923, according to data furnished
by the Department of Justice, officers and employees of national banks
have been sentenced for violations of the national banking laws as
follows:
Criminal cases under the national banking lawx resulting in conviction during the year ended October ol, 1923.
Name of officer and others.
Position.
Tide and local ion of the bank.
Offense.
Sentence.
Date
j of sentence.
1922.
Daniel C. Reisinger
,' Cashier
First National .Hank, !ieavcr, Pa
H. Cordon Blundon
Wallace E. Crump
F. M. Arnold, jr
; President
Teller
•.
Assistant cashier
Commonwealth National Bank, Reedsville, Va.. i
Liberty National IJank, Bowling Croon, Ivy
:
First National Bank, Clarion, Pa
|
I
Citizens National Bank, Springfield, Ohio
|
West Side National Bank, Chicago, 111
Marion C. "Baumgardner....! Employee.
Charles R. Oschger
I Note teller
M. Derencin
i Manager foreign departmen t
F. R. N. Cunningham
Cashier
M. E. Phillips
Assistant cashier
William (2. G ernon
Assistant bookkeeper
Hiram Bartlett Wellington. Bookkeeper
J. Lawrence Perry
Vice president
H. M. Titus
Hunter K. Orr
Edward Voorhccs.
Cashier
Teller
Cashier
Assistant cashier
Teller
Bookkeeper
Employee
Teller
Aider and abettor
do
.do
Assistant cashior
do
Aider and aboti or
Telier
Employee
Assistant cashier
Employee
James R. Smith
Fletcher Curry
Sidney M. Oliver
Alois K. Peplinski
Raymond C. Newlin
G eorge H. Newlin
Walter I. White
Philip Faris
John E. Davis
Wilbur Adams
A. Percy Sherman
T. DaleSpahr
Seth G. Anderson
Leslie E. Sewell
Oscar H. Mitchell
1
January term.
i
I
!
i
I
Abstraction and misapplication.
Misapplication
do
Embezzlement and false
entries.
Embezzlement
Theft of Liberty bonds
Nov. 2
: 2! years
\
Nov. :
$
' 3 years
Nov. <
)
SoiX) fine
c
f
• 1. day in jail and $[,500 fine. Nov. I .
;
H
' Nov. 2 1
.
1 years
;)
i. year and I day and 3 M ) . Nov. 2"
M
: fine.
Nov. 21)
-V. years
Dec. .,
"
s months in jail
c
First National ilank. Connollsvillo, Pa
! Embezzlement
Broad Top National Bank of Coaldale, Si x-Milc : .. ..do
Kim, Pa.
I
Commercial National Bank, Shrevcport, La
do
4\ years
First National I Sank, El Paso, Tex
Abstraction and false entries. " years
>
Doc. s
Dec. i 2
!
1923.
Jan. 2
Embezzlement and false en- |
.do..
tries.
\
Jan. '
>
| Misapplication and false
Alexandria National Bank, Alexandria, Y a
.do..
| entries.
!
;
Jan. W>
2 years
First National Hank, Wriglitstown. N. J.
I Forgery
! 1o months
American Exchange National Bank, Dalla «, Tex. I Embezzlement
Feb.' 2
! Misapplication and absirao- • .10 years
First National Bank, Knglishlown, N. J.
i lion,
Do.
7 years
do
.do..
Feb. 3
I year and 1 day.
Waxahaohio National Bank, AVaxahachie, Te.\.. : Misapplication.
Fob. .)
"
Central National Bank, Pasadena, Calif
'•• Abstraction and false entries.90 days in jail.!..
Fob. (
i
$500 fine
Peninsular State Bank, Detroit, Mich
: V.mbezziement
Fob. 7
3 years
National Bank of Coatesville, Pa
.do.
i Do.
Aider and abettor
18 months in jail
do..
Do.
do
:j months in jail
Embezzlement
1
Do.
do
2 vears.
do
Fob. 10
y
and 1 day
.
First:. National Bank, Frost, Tox
Abstrndinn
Do.
$r,000fine
;'
First National Bank, Seabright, N. J
,
do
j
.do.
Fob. 13
-do
!
Fob. 21
Continent al Nai ioiml Bank, ]ndiananolis, Ind.. I Embozzlement.
I 2 years
Mar. 5
.-.'.-do
First Nai ional JJank, Chicago, 111
I Misapplication
' First Nat ional Bank, Wilson, Okla
9 months in jail and SI line, Mar. 12
| Embezzlement
Mar. lb
do
| i 6 months
: First Nai ional Bank, Albuquora ue, N. Mex
National Bank of Commerce, Norfolk, Va
a
Criminal cases under the national hanking laws resulting in conviction during the year ended October 31, 1923—Continued.
Name of officer and others.
Position.
Wendell W. Barnes
Collection teller
C. U. Emery
Cashier
Title and location of tho bank.
Offense.
Kansas City. Mo., Federal Reserve Bank of
Oklahoma Citv. Okla.
Fairficld National Bank, Fairiield, Iowa
Embezzlement
C. R. .Tones
Assistant cashier
Irving J. Aden
Employee
S.M.Watson
President
Henry Richenson
J. D. Ake-rs
J. W. Jury
A. H. Penfield
J. E. Hackney
Carl E. Gregory
Employee
Receivin g teller
Cashier
.do.
.do.
Bookkeeper
Misapplication and false entries.
Embezzlement
City Naiional Bank, Bismarck, N. Nak
Abstraction and misappliAmerican National Bank, Palm Beach, Fla
cation.
First National Bank, Colquitt, Ga
Misapplication and false entries.
First Nat ional Bank, Tulsa, Okla
Embezzlement
First National Bank, Muskogee, Okla
False entries
National Bank of Commerce, Yankton, S. Dak.. Misapplication and false entries.
Springfield National Bank, Springfield, Ohio
Embezzlement
Misapplication
Farmers Naiional Bank, Opelika, Ala
Embezzlement
Union National Bank, Elgin, 111
L. Simpson
Cashier
Mitchell National Bank, Mitchell, S. Dak
J . C . Gish
j President:
Ben Hayes, ]r
W. M. Stryker
Ben Hayes, jr
J. D. Stewart
i National bank examiner.
President
Naiional bank examiner.
Cashier
Ben Hayes, jr...
H. K. McLeod..
National bank examiner.
President
Lewis Wilson...
E. P. Bradley..
Ben Hayes, J r . .
J. W. Le Porin.
Vice president
Cashier
National bank examiner..
Cashier
Ben Hayes, .)r.
J. F. McCain..
National bank examiner.
Teller
Robert F. Mueller.
F. C. Centofanti...
James Noblin
Assistant cashier
Teller
Bookkeeper
'
do
Making loans to bank examiner.
Obtaining loans from bank
..do.
Security National Bank, Arkansas City, Kans. .j Making loans to bank examiner.
Obtaining loans from bank..
St. John National Bank. St. John, .Kans
] Making loans to bank examiner.
do
; Obtaining loans from bank..
Making loans to bank exam- j
American National Bank, Hutchinson, K a n s . . .j
iner.
j
.do.
.....do
..do.
.do.
.do.
Obtaining loans from bank..
Making loans to bank examAmerican National Bank, Augusta, Kans.
iner.
Obtaining loans from bank..
.do.
Embezzlement and false enCity National Bank, Wichita Falls, Tex...
tries.
First National Bank, Minneapolis, Minn..
Misapplication
National I'nion Bank, Baltimore, Md
Abstraction
Embezzlement
First National Bank, Quinton, Okla
First National Bank, Anthony, Kans
Sentence.
OO
Date of
of sentence.
1923.
Mar. 16
O
1 year and 1 day, $5,000 fine
Do.
and costs.
Mar. 20
3 years
$200 line
(2)
O
2 years
5
H
H
3 years.
Apr.
$500 fine
do
9 months in jail and $1,000
fine.
21 years
>ars
L day in custody marshal
and $50 fine.
9 months in jail and $1,000
fine.
$100 fine and costs
Apr. 9
Do.
Apr. 10
H
r^
O
Do.
Do.
H
30 days in jail and $250 fine..!
$100 line and costs
I
Do.
Do.
Apr. 11
g
Do.
P
Do.
§
30 days in jail and $250 fine..: Do.
S100 fine and costs
! Do.
30 days in jail and $250 fine.. i Do.
$100 fine and costs
j Do.
do
Do.
do
Do.
30 days in jail and $2r>o line... Do.
$100 fine and costs
; Do.
30 days in jail and $250 fine..! Do.
18 months
| Apr. 17
ti months in jail.
$5 fine
$500 fine
K
Apr. 26
Apr. 27
Apr. 30
el
w
3
Orville IlargoU
H. 0. Johnston
T. W. Harmon
It. B. Harmon
Hersohel H. Pardue
J oseph Olson
Employee
do."
J 'resident
: Cashier
I Teller
] Director
.do.
Louis Olsan
Bernard Olsan
Charles Reynolds
H. C. Bollman
()liver Bower
Clarence R. Finn
A If A bsolonsen
John N. Wright, Jr
do..
do
: Vice president
' Cashier
Teller
; Assistant cashier
Cashier
Leon K. Yenahle
Felices Olivieri Rivera
Kdwin Lavergne
(iarland ft. Whitney
J. W. Freeman
1
William S. Coe
'• Aider arid abettor
Employee
..do
:
Bookeeper
Assistant bookkeeper
Employee
Harold J. Coe
Frank E. Lyle
.Mired K. A us term an
E. A. Tapp
1Iarrv M orison
E. ('."Short
diaries F. Schaefer
J. Edgar Young
[ 1 ndividual 1 lookkecper.
do
Employee
| Cashier.
! Assistanl cashier
j Cashier
!
Toller
; Cashier
Kenneth M. Arents
• Receiving tellcv
Frank Ortez
1). A. Keavis...
('arter Lewis
F. A. .Hurling
• individual bookkeeper
j Aider and abettor
! < 'ashler
j
do
Joseph W. Johnson
.Jesse L. Munday
AV. E. Swatzlander
I Aider and abettor
j Employee
j President
Lee Spauldinc
A. 11. Loppnow
Sherwood Crocker
J. Edward Kin us
Benjamin F. Fuller
i
Individual bookkeeper
! Employee
National bank examiner
Teller
(Not an employee)
2 March term.
14 months
30 months
1J years and $500 fine
.do.
6 months in jail
. ...do
9 months in jail and costs...
Embezzlement.
Embezzlement, abstraction, 12 months in jail and $1,000
fine.
and false entries.
8 months in jail and $1,000
do
.do.
line.
SI,000 fine
..do.
!
do
8 months in jail and $150 fine.:
.do.
i
do
False entries
$750
fine
!
! First National Bank, Collinsville, Okla
Embezzlement
10 years and 5 months
I
! Peoples National Bank, National City, Calif
$500 fine
!
Misapplication
First National Bank, Rochester, Minn
6 months in jail
Embezzlement
'< Austin National Bank, Chicago, 111
Embezzlement and false en- 2years
First National Bank, Federalsburg, Md
tries.
20 months
. do
do
3 years
National City Bank of New York at San Juan, Embezzlement
21 years
.do.
'
do.
30 days in jail and $1,000 fine.
Allen County National Bank, Scottsville, Ky
do
do
'.
3 years
• First National Hank. Crofton. Pa
[ First National Bank, Breckciiridge, T e x . . .
do.
Paden Naiionai Bank, Paden, Okla
do
American National Bank, Nashville, Tenn.
American National Bank, Tulsa, Okla
.do.
F-'disto National Hank. Orangehurg. S. ('
Phoenix National Hank, Phoenix, Ariz
'First National Hunk, Ocilln, < x
U
First National Hank. Castle Rock, Colo
Calais National Hank. Calais, Me
First National Hank. Williamspo?t. Pa
First National Bank, J lagerstown, Md
Misapplication
| Mi supplication
Embezzlement
FaIse cutries
Embezzlement
....do
False entries
Misapplication and false entries.
\ New Haven National Dunking Association. New False entries and embezzlement.
Haven, Conn.
('entml \ a ! ionn 1 HJUIk. Tulsa, Okla
Misa
do.
do
Embezzlement
Xaf ional Hank of Mansfield, A rk
Misapplication and false enFirst National .Hank, CLappell. Nebr
tries,
.do.
J
do
i Second National Hank. Lexington, Ky
Emi >ezzlement
First National .Hank, Sidney, Nebr
, Misapplication
,
First National Hank. Los Angeles. Calif
Embezzlement
First -National JJank. Hartford, Wis
do
do
i Farmers Nai-ional Hank, Sterling, Colo
do
' First-Second Xationa 1 Hank, Pittsburgh, Pa
Forgery
j Franklin National Hank, Washington, 1). C
8
4
April term.
May term.
0 months in j ail
8 months in jail
1 year
5 months in jail
IS months
• J year in jail and $5,000 fine..
85*00 fine and costs.
,
£200 fine and costs
Do.
Do.
May 7
May 17
Do.
Do.
Oct. 30
May 18
Do.
Do.
May 21
May 22
Do.
May 31
Do.
June 5
June 11
Do.
Do.
June 16
June IS
June 22
Do.
18 months
18 months and S200 fine
1 year and L dav
$100fine".
Do.
Do.
June 23
June 25
.....do
1 year and ] day
1 year and 1 day and $1,000
fine.
S750fine
1 year in house of correction.
$600 fine
4 months in jail and §1 fine..
4 years
6
June term.
Do.
June 30
July 11
Do.
July 13
Aug. 3
Aug. 23
oo
o
Criminal cases under the national banking laws resulting in conviction during the year ended October 31, 1923—Continued.
Name of officer and others.
Coney Slaughter
Edward V. Patterson, jr
Charles E. Holmes
Otto C. Lindenau
C. 13. Hedrick
C. C. Clifford
F.K.Hyde
Roy I. Cline
Roy B. Corson
Paul E. Theobald
Position.
Cashier
...do
Teller
Cashier
Vice president
Bookkeeper
Employee
Assistant cashier
Cashier.
Bookkeeper
Title and location of the bank.
Offense.
Mercantile National Bank, Pueblo, Colo
Embezzlement
First National Bank, Bradley Beach, N. J
Misapplication
Union National Bank, Mount Holly, N. J
... Lemont National Bank, Lemont, 111
Embezzlement
First National Bank, Ranger, Tex
.do.
First National Bank, Helena. Ark
!
do
First National Bank, J..9Buhl, J Idaho. . . . . . . . . . . . . . . ; : - _ . . Vdo. _ . . . . . .
1 U O O
J . ^ a i l U l l a X 1.J Li,±L
t\.y
U.1 1 1 ,
A i t l l i W
I< J
Continental National Bank, Los Angeles, Calif.
do
First National Bank, Bandon, Oreg
I
do
\ First National Bank. Ardmore, Okla
i Misapplication
. . . . . . . . . . . . . .
Sentence.
6 years
S3,000 fine
2 years
3 years
...'..do
3 years and 82,000 fine.
18 months.
1 year in jail
18 months
years
•..
Date of
of sentence.
1923.
Aug. 29
Sept. 4
Sept. 10
Sept. 18
Oct! 0
Oct. 8
Oct. 20
Do.
o
H
O
Q
O
• September term.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
81
ORGANIZATION AND LIQUIDATION OF NATIONAL BANKS.
Very early in the history of the national banking system evidence
of the wisdom of the framers of the law was manifest in the aid
given to the Government by the national hanks in floating its bonded
indebtedness and in other fiscal activities and to the public generally
in furnishing a constructive and conservative banking system and a
bank currency uniform in value and redeemable at the Treasury,
taking the place of the heterogeneous state bank issues, ranging in
value (exclusive of wildcat issues) from pur to the discount governed
by market quotations which, in instance's, were merely nominal.
From 1860 to 1865 the currency of the country increased from
$437,000,000 to $714,000,000, mainly through the issue of "greenbacks" and to a substantial extent by the issue of national bank
notes, the latter forming about 20 per cent of the total amount of
currency in circulation.
By reason of the high price of Government bonds eligible as security
for national bank circulation the issue of the latter decreased in the
early nineties to about $160,000,000, a trifle in excess of 10 per cent
of the stock of the circulating medium.
With the chartering of banks with a minimum capital of $25,000
in 1900 began a steady increase in national bank circulation, which
reached a maximum i?i 1914 of some $ 1, .126,000,000, the increase being
largely due to the issue of so-called emergency currency authorized
by the emergency currency act of 1908, not availed of, however,
until the outbreak of the World War. With the passage of the
Federal reserve act which provided for the issue by the Federal reserve banks of currency mainly secured by segregated assets of the
banks, the issue of national bank currency was gradually reduced to
the amount in circulation prior to the extraordinary issues incident
to the war.
Incidentally during this period the number of banking associations
and the amount of their capital, surplus, profits, and business generally substantially increased.
In the years covered by the operations of the national banking
system, 1863 to 1923, the number of national banks organized was
12,455, of which 8,264 are in active operation. Of the 4,191 not in
existence some 3,530 were closed by voluntary liquidation, generally
for the purpose of reorganizing or amalgamating with other banks,
national or State. In this 60-year period the number of failures was
only 711, or 5.71 per cent of the total number chartered.
It is of further interest to note that as a result of careful supervision and of directorial management, etc., the assets and other
resources of these failed banks paid to their creditors average returns
of approximately 83 per cent as indicated by the final reports of
fully liquidating receiverships, these closed receiverships representing
nearly 90 per cent of the total.
Between December, 1913, the date of the passage of the Federal
reserve act, and November, 1923, the number and authorized capital
of the national banking associations increased from 7,513 and $1,069,000,000 to 8,264 and $1,343,000,000, respectively, and the total
volume of their assets from $11,301,000,000 to" $21,700,000,000.
While in this period the number of banks organized was 1,998,
the net increase by reason of consolidations, liquidations, etc., was
about 750.
82
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Coming down to the last year—November 1, 1922, to October 31,
1923—it appears from the records that there were 284 applications
for charters for national banking associations, the proposed capital
being roundly $38,000,000. Of the applications pending 199 were
approved, 31 rejected for various reasons, and the remainder
abandoned. Charters were issued for 190 associations with authorized capital of $30,500,000, of which number 69 were conversions of
State banks, 20 reorganizations of State or private banks, 11 reorganizations of national banks, and 90 primary'or independent organizations. Under authority of the act of November 7, 1918, the number
of national banks was reduced by consolidations by 19. There were
121 banks placed in voluntary liquidation, 44 of which, exclusive of
the 19 consolidations, were absorbed by other national banks in the
same locality, 73 were absorbed by State banks and 4 discontinued
business. Fifty-two banks (including one heretofore in voluntary
liquidation) failed and were placed in charge of receivers during the
current year.
On June 30, 1923, the population of the United States, including
Alaska and Hawaii, was 111 ,628,000. Geographically considered the
Middle Western States, with approximately 28 per cent of the population of the United States, had nearly 27 per cent (2,223) of the
national banks, 26 per cent ($346,957,000) of the capital, and over
24 per cent ($5,250,949,000) of the assets of all banks.
The Eastern States, with 23 per cent of the population of the
United States, had 21 per cent (1,736) of the national banks, nearly
one-third, or $421,865,000, of the capital, and over 39 per cent
($8,429,000,000) of the banks' assets, while the Southern States, with
about 27 per cent of the population, had over 20 per cent (1,695) of
the number of national banks, 17 per cent ($233,218,000) of the capital,
and 13J per cent ($2,869,804,000) of the total of the banks' assets.
The population of the New England and Pacific States, including
Alaska and Hawaii, is practically the same, about 7 percent, and
only slightly exceeded by the Western States, which had nearly 8 per
cent of the population. The Western States, however, had 19 per
cent (1,573) of the banks, 8 per cent ($105,747,000) of the capital,
and 7 per cent ($1,510,197,000) of the assets. Five per cent (401)
of the banks, over 8 per cent ($115,459,000) of the capital and 8 per
cent (81,793,000,000)"of assets were in the New England States, while
in the Pacific division there were 7 per cent (613) of the banks with
nearly 8 per cent ($105,645,000) of the capital, and approximately the
same per cent ($1,658,000,000) of the assets of all banks.
Distribution of rwiional banks by geographical, districts June 30, 1923.
[Amounts in thousands of dollars.]
Population.
Hanks.
Aggregate assets.
Capital.
1
Per
Per
Per
cent to
Per
grand Num- cent to Amount. cent to Amount. cent to
ber.
grand
total.
grand
grand
total.
total.
total.
7,704,000
6.95
New England States
26,105,000 23.39
Eastern States
30,081,000 26.95
Southern States
Middle Western States... 31,055,000 27.82
7.89
Western States
8,807,000
6.68
Pacific States
7,456,000
.32
Alaska and Hawaii
360,000
Total United States
and possessions... 111, 628.,000 100.00
401
1,736
1,695
2,223
1,573
608
5
4.87
21. 07
20.57
26.97
19.08
7.38
. 00
115,459
421, 865
233,218
346,957
105,747
104, 895
'750
8.69
31.74
17. oo
26. LI
7.96
7.89
.06
8,241
100.00
1,328,891
100.00
1,793,628
8,429,273
2.869,804
5', 250, 949
1,51.0,197
1,048,351
9, 5o!
21,511,766
8.34
39.18
13.34
24. 41
7.02
7.66
.05
.100.00
RKPOTIT OF THK COMPTROLLER OF THE CURRENCY.
83
LABOR BANKS.
Banks have been organized which represented in stockholdings
and management particular interests, but not until within the last
half decade have any been organized in the direct interest of organized
labor, i t has been stated that at the present time there are about
a score of such banks in operation. Officers and members of the
Locomotive Engineers7 Brotherhood formed in Cleveland the initial
national bank by such interests. This was followed by the organization of the Transportation National Bank of Minneapolis, the Labor
National Bank of Three Forks, Mont, (by railway employees), the
Telegraphers National Bank of St. Louis, Mo., and the Brotherhoods National Bank of Spokane, Wash. Other similar banks in
existence were organized and are operating under the laws of the
States.
The organization, rights, and powers of these national banks
differ in no respect from those of other national banking associations.
UNITED STATES BONDS AND OTHER INTEREST-BEARING
OBLIGATIONS OF THE GOVERNMENT.
It appears by reference to Treasury statistics that in the fiscal
year ended June 30, 1923, the interest-bearing obligations of the
Government were reduced from $22,710,338,105'to $22,007,590,754,
but no change occurred in the amount of the United States bonds
eligible ns security for national-bank circulation, the outstanding
issues aggregating 8793/115.530, of which $714,054,990 are on deposit
with the Treasurer of the United States as security for national-bank
circulation, S-1,993,700 to secure Federal reserve bank notes, and
81,3K),o00 to secure deposits of public moneys. Hence there is outstanding some $42,150,000 which, if obtainable, would permit an
increase of national-bank circulation to that extent. The- 4 per cent
bonds are redeemable after February 1, 1925, the 2 per cent consols
after April 1, 1930, and the 2 per cent Panama's are pavable August 1,
1936, and November 1, 1938.
As the paid-in capital of national banks on the date in question,
was roundly $1,328,000,000, the measure of issue of their circulating
notes, it is evident that the volume of eligible securities is only
about 60 per cent of the paid-in capital of the national banks.
In the following statements are shown the amount and classes of
Government interest;-bearing obligations outstanding on June 30,
1923, together with those eligible as security for national-bank
circulation and on deposit with the Treasurer of the United States to
secure circulation and public moneys:
Issues authorized prior to 1ft 17.
Eligible as security for nai ional-bank eireulal ion
Panama Canal 3 per cent bonds
Conversion bonds
Postal-savings bonds
$703, "115. 530
41), 800, 000
2S', 804, 500
11', 800, 200
Liberty, Treasury bonds, notes, olhrr certificates and securities.
Tiberi v loan bonds
Treasury bonds, 1047-52
Treasury notes
Treasury certificates
Treasury (war) savings securities
:
$14, 887.153, 000
' 70>3', 054, 300
4,104,105,150
1. 031, 418, 500
337. 108, 074
84
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Bonds deposited to secure circulation and public moneys.
Class.
Interest Outstanding.
rate.
To secure
nationalbank
circulation.
To secure
Federal
reserve bank
notes.
SI18.489.900
599.721,050
71,901,580
SS!, 890,800
5N5,843,850
73,920,340
$1,708,000
2, S58.400
307, 300
SI63,500
1,001,000
92,000
886,822,300
589,763,250
74,379,610
4,993,700
1,316,500
750,965,190
Loan of 1925
Consols, 1930
4
2
2
Panama
Total
793,115,530
711.05.1.990 :
To secure
deposits of
public
moneys.
Total.
REDEMPTION OF NATIONAL BANK AND FEDERAL RESERVE
BANK CIRCULATION.
The rapidity with which bank circulation moves is indicated by the
issues and redemptions. During the last year the issues of national
bank circulation on account of current deposits of bonds aggregated
$29,766,960, and on account of redemption of notes worn or otherwise unfit for circulation $540,089,110, hence total issues of $569,856,070. In this period there was delivered for redemption to the
National Bank Redemption Agency of the Treasury Department
national bank notes to the amount of $560,947,940. It would therefore appear that the redemptions exceeded 98 per cent of the amount
of notes issued to the banks during the year and over 75 per cent of
the average amount reported in circulation at date of the periodical
statements of their condition made by the national banks.
The law authorizes the Treasurer to return to the issuing banks such
of their redeemed notes as are fit for further circulation. The
amount so returned during the year was but $6,798,000.
The cost per thousand dollars for the redemption of national
bank notes was 95 cents, the same as for the year 1922.
Elsewhere in this report will be found statements relating to the
monthly receipts of each class of bank currency and the various
items and amounts entering into the cost of redemptions.
PROFIT ON NATIONAL BANK CIRCULATION.
The profit on the issuance of national bank circulation is measured
by the difference between the interest on the cost of the bonds deposited as security and the net receipts from interest on the bonds
and circulation loaned. In the computations made by the Actuary
of the Treasury Department, appearing elsewhere in this report,
money is assumed to be worth 6 per cent. The computations show
the average price monthly, year ended October 31, 1923, of the three
classes of bonds eligible as security for circulation, together with the
amount and per cent of profit on circulation thereby secured. The
receipts from interest on the bonds and circulation loaned, together
with the amount of taxes, other expenses, and sinking fund, are also
shown in detail.
Profit on circulation in excess of 6 per cent on the cost price of the
4 per cents of 1925 was approximately 1 per cent in the closing
months of 1922 and in January, 1923, but by reason of the near
maturity of the bonds was reduced to a trifle in excess of one-third
of 1 per cent in October. The profit on circulation based on the 2
85
BEPOFvT OF T H E COMPTROLLER OF Tl-ili CURRENCY.
pei cent consols averaged two-thirds of 1 per cent up to July last,
when by reason of the greater cost of the bonds the profit was reduced
to a fraction less than two-fifths of 1 per cent. The average profit on
circulation secured by the Panama's appears to have been greater
than on the oilier two classes of bonds, approximately four-fifths
of 1 per cent to July, when by reason of the advance in the cost of
the bonds the rale of profit dropped to a fraction in excess of twothirds of I per cent.
In connection with the actuary's circulation profit computations,
tables appear relative to the investment value and to the monthly
range of prices in New York of United States bonds for the voar
ended October 31, 1923.
NATIONAL-BANK CIRCULATION.
At the close of business October 31, 1923, the aggregate amount of
national-bank circulation outstanding was 8772,606,269. With the
exception of a small amount of $1 and 82 notes issued under the act
of 1864 and prior to 1879 the principal denominations of these notes
were So, S10, $20, $50, and 8100, as shown by the following statement:
National-bank
Denomination.
One dollar
Two dollars
Five dollars
Ton dollars
Twenty dollars
Fifty dollars
One hundred dollars
Five hundred dollars
notes outstanding October 31, 19-io.
Amount.
Amount.
Denomination.
$341,844
163.190
147,753; 015
323,714,810
248,807,110
28,039,800
27.290,000
87,500
Ono. thousand dollars
§.21,000
00,780
Fractional parts
Total
Less
Total
776,2S5,049
3,6/9,380
772,006,209
United States bonds deposited as secvrUy 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 3t, 192-L
Date.
1922.
! .Bonds deposited by all
hi inks char- Bonds wilhdravvn by
tered and
banks
those increasreducing
ing circulacirculation.
tion during
the year. 1
i
November
December
.January..
February.
March..*..
April
May
Jmu
July
August.
September.
October
Total
Bonds
Bonds withwithdrawn by
drawn
banks in
by banks
liquidation. in insolvency.
S3. (K)5.500
2,088,750
SI, 187,500
2, 550,000
$460, 000
300,000
1923.
•128,500
701,500
580,500
440,050
-196.600
405', 800
299,950
020, 540
233,250
895,250
i
35,596,190
3,64],
750,
229,
791,
1,084,
1, 560,
875,
.1,171,
530
1,170,
15, 539,500
1
Includes §6,509,000 deposited by 65 of the 190 banks chartered during the year.
1,715,000
L203, 750
519, 550
1,705,000
152,000
225. 000
2,231,000
1.12,500
355, 000
1, 518, 750
$50,000
10,527,550 I
627,500
152,500
425,000
86
REPORT Or THE COMPTROLLER OF THE CURRENCY.
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 31,
1922, and October 31, 1923.
Special cerBonds with- tificates of
drawn b y indebtedness
withdrawn
banks
b y banks
reducing
reducing
circulation.
circulation.
Date.
1922.
November
December
$500,000
1923.
January
February
March
April
May
June
July
August
September
October
.
Total.
•
j
$1-1, MX), 000
23,500,000
100,000
990.000
510'000
220,000
, (K)0
6(X)j 000
200.000
250,000
3.997, 800
7.922,800 I tfS, (XX). (XX)
Bonds on deposit Oct. 31, 1922
Bonds withdrawn year ended October 3.1, 1923
Balance of bonds on deposit Oct. .'*1, 1023
Special certificates of indebtedness on deposit Oct. 31, W/2
Special certificates of indebtedness withdrawn year ended Oct. 3.1, L923
*S, 168.700
7.922^00
38, (MM), 000
3S. 000,000
s."> i:>, <!00
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. $8,000,000.
Branch at Portland, Greg.; capital, $300,000.
Branch at Seattle, Wash.; capital. $200,000.
Branch at Tacoina, Wash.; capital, $200,000.
Louisiana:
Calcasieu National Bank of Southwestern Louisiana, Lake Charles; capital,
$1,000,000.
Branch at Pe Quincy; capital, 830.000.
Branch at Jennings;'capital, S 140.000.
Branch at Kinder; capital, $,'$0,000.
Branch at Lake Arthur; capital, $40,000.
Branch at Oakdale; capital, 8100,000.
Branch at Sulphur; capital, 830,000.
Branch at Vinton; capital, $f>(),000.
Branch at Welsh; capital, §80,000.
Massachusetts:
Federal National Bank of Boston; capital, $1,500,000.
Four l branches in Boston, with capital of $50,000 assigned to each.
Safe Deposit National Bank of New Bedford; capital, $350,000.
Branch in New Bedford; capital $50,000.
Michigan:
City National Bank of Battle Creek; capital, $400,000.
Branch in Battle Creek; capital, $25,000.
National Union Bank of Jackson; capital, $400,000.
Branch in Jackson: capital, $100,000.
1
One of which was acquired by consolidation under act Nov. 7,1918.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
87
Mississippi:
Pascagoula National Bank of Moss Point; capital, $75,000.
Branch in Pascagoula; capital, $25,000.
Xew York:
Chatliam & 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, $3,500,000.
Five branches in the city of New York, with capital oi $!00,000 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.
\orth Cawrtina:
American Exchange National Bank of Greensboro: capital, $750,000.
Branch in Greensboro; capital, $.150,000.
Farmers National Bank <c Trust Co. of Winsion-Salem: caj)ital, $300,000.
f
Branch in Winston-Salem; capital -$50,000.
Ore iron:
"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.
Throe 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.
Massachusetts:
The Commonwealth-Atlantic National Bank of Boston; capital, $4,500,000.
Three branches in Boston, with capital of $100,000 assigned to each.
The First National Bank of Boston; capital, $15,000,000.
Seven branches in Boston, with capital of $50,000 assigned to each.
Michigan:
Grand Rapids National Bank of Grand Rapids; capital, $1,000,000.
Nine branches in the city of Grand Rapids with capital of SJ0,000 assigned
to each.
New Jersey:
Union Trust and Hudson County National Bank, Jersey City: capital, $750,000.
Branch in Jersey City; capital, $50,000.
Branch at Bayonne; capital, $50,000.
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.
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.
7L\-*M°—:U
7
88
REPORT OF TH.E COMPTROLLER OF THE CURRENCY,
South Carolina:
The Peoples National P>ank of Charleston; capital, $1,000,000.
Two branches in Charleston with capital of $200,000 assigned to one and
$100,000 assigned to the other.
Virgil] ia:
First National Bank of Abingdon; capital, $200,000.
Branch ia Abingdon; capital, $2o,000.
Peoples National Bank of Leesburg; capital, $100,000.
Branch at Upperville; capita I," $10,000.
Seaboard National Bank of Norfolk; capital, .$800,000.
Branch in Norfolk; capital, $50,000.
National
banks, with number of o/lditional local ojfices and dates of approval of their
establishment, October 31, 1923.
Date of
Numapproval
ber of of establishaddiment of
tional
additional
offices.
offices.
Location.
California:
Fnglcwood...
Long Beach.
Los Angeles.
Do.
Do.
Oakland
Sacramento
San Diego
Santa Cruz
District of Columbia:
Washington1
Do. i
Do.*
Do.Do.'
Do.i
Georgia: Atlanta
Kentucky:
Louisville
Do
Do
Maryland:
Baltimore
Do
Massachusetts:
Boston
Do
Wellesley
Michigan:
Detroit
Jackson
Ludington
Saginaw
New York:
Buffalo
Do
Do
Ithaca
New York.
Do....
Do
Do
Do.
First National Bank
Long Beach National Bank.
Commercial National Bank.
First National Bank
Merchants National Bank...
Central National Bank.
California National Bank
United States National Bank
First National Bank
District National Bank..
Franklin National Bank.
Lincoln National Bank..
Riggs National Bank.
Second National Bank...
Standard National Bank.
Atlanta National Bank...
Louisville National Bank
Citizens Union National Bank.
National Bank of Kentucky
Merchants National Bank
Fanners & Merchants National Bank.
Commonwealth-Atlantic National Bank.
Citizens National Bank
Wolleslev Nat ional Bank
National Bank of Commerce.
Peoples National Bank
First National Bank
Second National Bank
Community National Bank
Manufacturers & Traders National Bank.
South Side National Bank
First National Bank
Capitol National Bank
Chemical Nat ional Bank
Ilarriman National Bank
National City Bank
Public National Bank.
Richmond Hill National Bank
Do
Jofferson County National Bank
Watertown
Yonkers National Bank
Yonkers
North Carolina: Greensboro. American Exchange National Bank.
i Established under authority of the Millspaugh Act of April 26,1922.
Mar. 7,1923
(Oct. 11,1922
\Oct. 27,1922
June 13,1922
July 1,1922
/Aug. J,1922
\Oct. 11,1922
Aug. 2,1922
Sept. 6,1922
Apr. 9,192;?
Nov. 22 J922
Apr.
Dec.
Dec.
Sept.
Nov.
Apr.
Sept.
30,1923
30,1922
4,1922
8,1922
IS, 1922
7,1923
22,1922
/July
\Aug.
Nov.
Dec.
20,1922
I"), 1922
20, 1922
18,1922
Aug. 1,1922
Aug. 18,1922
Aug.
Mar.
/Nov.
\Mar.
23,1922
3,1923
18,1922
30,1923
July
Nov.
Sept.
Jan.
19,1922
22, 1922
8,1922
13,1923
.'Aug.
\Jan.
Dec.
Feb.
Nov.
/Jan.
\Apr.
Apr.
Apr.
Oct.
July
Aug.
Dec.
Feb.
Aug.
Oct.
18.1922
18.1923
21.1922
23.1923
9.1922
9.1923
28,1923
28,1923
26,1923
26,1923
18,1922
29.1922
8,1922
28.1923
1,1922
13,1922
Oct. 24,1922
1 ! July 24,1922
89
Oi' THE OOAIPTJROIxLEn OF THE CURRENCY.
National bmJ;*, v:ilk number of additional local offices and da Us of approval of iJu-ir
establishment, October 3t, 192-1—(•ontinued.
Lo-jalion.
Title of bank.
Ohio:
Cleveland
j
!
j Brotherhood of Locomotive Kn^ineers Co-opera- ;
! tivo "National Bank.
|
Vindlay
j Araerican-rirst National Bank
I
Peunsylvaiiia:
!
i
Chester
j First National Bank
Meivecs Rocks
i
do
Philadolphia
Centra 1 National Bank
Do
Corn I\ xehange IS a Uona 1 Ban k
Do
First NaIional Bank
.1)0
j Fourth Sir oe-1.- National Bank
Do
' Northern National Bank
I)o
; Philadelphia National Bank
Rending
• Heading National Bank
r
Wiliiairisport
: : West Branch National Bank
York
- York National Bank
Souili Carolina: Charles ton...| Bank of Charleston National Banking Association.
Virginia:
j
Chariot I CvSville
' Peoples National Ba?i k
lUehinond
American NationaI Bank
Do
Merchants National Bank
,
Do
Planters National Bank
Number of
additional
offices.
Date of
approval
of establishment of
additional
offices.
2 ! >ept. 8, 1922
I | Jan.
2,1923
2 Sept. 22,1922
1 Oci,. 24. 1922
1. •luly 21.1922
3 2 July IS; 1922
i July 25, 1922
1 Aug. 17, [922
1 Apr. 2, 1923
2 .Apr. 3(>; (923
T
Aug. 24, i922
1 Aug. 31,1922
t .July 25, 1922
Aug. 30,1922
Tan. 9,1923
July 20,1922
July 21,1922
y
,
39 1922
.! i J l
" July 39. 1922
Total.
2
Sites of offices of tru:-.l company converted and consolidated with this bank.
FEDEEAL RESERVE SYSTEM.
Since the inauguration of the Federal reserve system the resources
of the 12 Federal reserve banks have grown from $270,018,000, in
November, 1914, to $5,09.1,207,000 October 31, 1923.
The gross earnings of the Federal reserve banks from November,
1914, to Juno 30, 1923, were Sf>72,900,000, and current expenses
(salaries 881,800.000 and all other expenses §71,500,000) totaled
8153,300,000, The annual rate of dividend paid was 6 percent, as
provided by law. The Govcrmnont has received from the franchise
tax 5135,300,000.
The paid-in capital stock of the banks on June 27, 1923, the date of
the last report nearest to the close of the fiscal year, was S109?427,000
and the surplus 8218.369,000.
The resources of these banks in the latter part of November, from
191.4 to 1920, and in October of the years 1921 to 1923, inclusive, arc
shown in the statement following:
[In thousands of dollars.!
N o v . 27,
19.14.
N o v . 26,
1915.
N o v . 24,
1910.
CO
O
Oct. 31,
1923.
N o v . 16,
1917.
N o v . 22,
1918.
N o v . 28,
1919.
N o v . 26,
1920.
O c t . 26,
1921.
O c t . 25,
1922.
1.581,328
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
17i; 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
3,111,078
119,219
1,0881498
9i; 837
317
ASSETS.
Gold
Other lawful monev
1-Jills discounted and bought
United States securities
Municipal warrants
.Federal reserve notes—net
])uo from Federal reserve banks—net
Uncollected items
All other assets
Total
227.840
34.630
7,383
321.06S
37,212
48.973
12,9.19
•>7 308
19,176
14 053
459.935
17! 974
.122,593
50. 594
22 166
15 414
43 263
165
4,633
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
5,091,267
38,050
54,8-46
55,711
66,691
26,319
637,072
218, S87
87.001
81, (W7
98,157
249 268
15.000
397,952
80,025
L, 134
113,174
99.020
164.745
15.909
1,734,691
103,007
213,824
46,624
3,669,059
106,277
215,398
23, 659
1,799,931
109,726
218,369
10,334
1,895,265
1, 718, 000
1,943,232
2,700
13,385
14,296
1,028
4,159
631
i 972, 585
8. 000
240,437
4, 383
485,342
735,060
3,012,406
O
LIABILITIES.
Capital paid in
Surplus
Government deposits
Member bank deposits—net..
1 )ue to member and nonmember banks
\11 other deposits
,
Federal reserve notes—net
Federal reserve bank notes in circulation
Collection items
All other liabilities
Total
i In actual circulation.
H
o
611,271
69,047
270,018
3
1,501,423
270,018
1
2.555,215 i 2,852, 277
80,504
256, 793
G20,608
861,436
50,867
50.058
5,219,527
6.230,041
i 3,325, 629
214, 610
582,442
107, 534
6,244,580
1
22, 873
18,180
2,408.779 12,298,536
88^ 024
37,995
539,773
466,044
76,681
25,346
5,094.915
5,065.095
1
5
23,061
2.224.865
' 523
555,914
23,210
5,091,267
H
ItEPOHT OF THE COMPHUH.LKK OF THK CUKKK.NCY.
91
The principal assets and liabilities of the 12 Federal reserve banks
at the close of business each month, from January 31, 1919, to October 31, 1923, are shown in the statement following:
[In millions of dollars.]
Liabilities.
Assets.
Year.
Cold.
; Other Bills dis- United
counted States
I curand
securiI rency.
bought. ties.
1919.
Jan. 31.
Feb. 2 8 . .
Mar. 2 8 . .
Apr. 2 5 . .
May 2 9 . .
June 27..
July 2 5 . .
Aug. 29..
Sept. 26..
Oct. 3 1 . .
Nov. 28..
DftC.26..
2,112
2,123
2,142
2,169
2,187
2,14S
2,095
2,007
2,118
2,138
2,094
2,078
1920.
Jan. 30
Feb. 27
Mar. 26
Apr. 30
May 28
.Time 25
July 30
Aug. 27
Sept. 24
Oct. 29
Nov. 20
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
1921.
Jan. 28..
Feb. 25..
Mar. 2 5 . .
Apr. 27..
May 2 5 . .
June 29..
.Iuly27..
Aug. 24..
Sept. 28.,
Oct. 20..
Nov. 30..
Dec. 2 8 . .
2,106 !
2,140
2.211 :
2,31X
2,393 '
2.462 :
2,531
2,619 :
2,726 i
2,780
2,849
2,870
1922.
Jon. 25
Feb. 21
Mar. 29
Apr. 26
May 31
June 28
July 26
Aug. 30
Sept. 27
Oct. 25
Nov. 29
Dec. 27
:
;
•
'
•
1923.
Jan. 31
Feb. 28
Mar. 28
Apr. 25
May 29
June 27
July 25
Aug. 29
Sept. 20
Oct. 31
I
•
i
'
j
|
i
!
i
!
1
'
i
;
.
,
Capital.
Sur- : G ross Circulaplus. i deposits. tion.
! 2,351
:
2,450
! 2,401
i - 2,383
!
2,466
i
2,437
:
2;487
j
2,446
!
2,542
j
2,726
i
2,903
;
2,780
1,882
2,157
2,134
2,136
2,173
2,123
2,243
2,178
2,225
2,523
2,710
2,780
295
183
201
219
229
232
239
271
278
301
315
300
5,075
5.207
b. 230
5; 253
5,322
5.288
5,366
5,436
5; 632
5.939
6,230
6.325
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
288
6,074
6,416
0,048
6.050
0,114
6,075
6,033
6,179
6.312
6,342
0.245
6,270
88
91
91
92
94
9o
95
97
97
98
99
100
.120
120 i
120 '
120 I
120 I
120 I
105 !
165 :
165 '•
165
105 :
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
214
217
211
187
165
161 j
154
147 I
j
!
151 i
140 j
i
!
I
155 ;
134
128 I
130 I
123 '
127
127
132
120
127
130
108
2.622
2,567
2,410
2,167
1.957
L803
1,670
1,531
1,442
1,371
1,255
1,294
287 ;
287 !
283 :
268 i
306
257 ;
249 i
239 !
224 !
191 '
205 i
241 ;
5,802
5, S01
5, 753
5,504
5,380
5,212
5,150
5,053
5,107
5.095
5,041
5.151
100
101
101
101
102
102
102
103
103 I
103 !I
103 ;
103
202
202
202
202
202
202
214 !
214 I
2H I
214 !
214 [
2,239
2,279
2,295
2,157
2,131
2,098
2,. 108
2,071
2,159
2,205
2,206 I
2,223 i
3,293
3,241
3,106
2,986
2,880
2,767
2,663
2,599
2,559
2,497
2,442
2,528
933 i
801 i
739 j
5S3;
590 i
623 '
536 |
570 !
658 ;
727 i
909 i
870 .
250
355
441
567
603 :I
557
541 :
498 !
451 :
409 !
304 1
458 I
i
4. 7S1
4.7S9
4,816
4.800
4.847
4.905
4, 803
4.849
4,970
5.065
5. OS I
5,305
103
104
104
104
105
105
105
106
106
106
107
107
215 I
215 1
215 i
215 I
215 i
215 i
215 j
215
215
215
215
2,177
:>, 198
2.214
2,333
2,293
2,370
2,331
2,297
2,336
2,382
2,381
2,479
2,269
2,255
2,262
2,237
2,212
2,192
2; 190
2,207
2,289
2,337
2,351
2,475
206
175
178
165
148
164
160
149
150
117
786
803
954
911
989 I
979 i
937 !
989 !
1,034 j
1,088 I
303
249
191 I
189 I
135 I
96 j
94 I
92 i
92 !
5,014
5,087
5,068
5,041
5; 073
5.038
4,953
4,907
5,078
5,091
108
109
109
109
109
109
110
110
110
110
218
218
218
218
218
218
218
218
218
218
2,471
2,499
2,492
3,473
2,476
2,462
2, 410
2,393
2.481
2,515
2,307
2,250
2,235
2,225
2,252
2,229
2,196
2,226
2,248
2,225
i
|
2,904
2,947
2,975
2,995
3,008 .
3,021 :
3,055 i
3,063 !
3,077
3,085
3,073
3, «>40
j
3,076 I
3,073 i
3.084 j
3.085 '
3;109 i
3,111 I
3.114 I
3!121 I
3,117 I
3,111 i
Aggregate
assets.
23
23
49
49
49
49
81
SL
81
81
81
81
2,580
2,606
2,667
2,708
2,688
2,676
2,698
2,800
2,895
3,008
3,109
3,319
92
REPORT OF THE COMPTROLLER Or TILE CURRENCY,
Percentage of bills discounted secured by United Stoics Government obligations to the
total bills discounted and purchased by the Federal reserve banks at the end of each
month, year ended October 31, 192-1.
[In thousands of dollars.]
Bills discounted secured by
United Stales
Government
obligations.
Date.
Total holdings ol" bills
discounted
and purchased,
Percentage of
bills discounted secured by
(lovernment
obligations to
total bills discounted and
purchased.
1922.
3ir>,2$0
333 790
909,322
SSO 902
34.7
377,482
STrfi,039
372 76s
386,079
406, 824
407 356
391,937
412 31S
401,186
42-"). 650
Nov. 29
Dec. 30. .
785, SI7
803, 438
902 ?72
996, 506
1, 029, 414
1 042 549
1,009,032
1 036 169
1 056 811
1, 088, 498
48,0
41.3
33.7
38,7
39.5
39.1
38.8
39 8
38.0
39.1
37.3
1923.
Jan. 31
Feb. 28
Mar. 31
Apr. 30..
Mav 31
Juiic 30
July 31 .
Aug 31
Sept 29
Oct. 31
FEDEEAL RESERVE BANK DISCOUNT RATES.
The discount rates of each of the 12 Federal reserve banks, in
effect October 31, 1923, with reference to each class of paper, are
shown in the following statement:
Discount rates of Federal reserve banks in effect October SI, 1923.
Paper maturingAfter 90
After 6
days but |i but within
within 6 9 months.
months.
Within 90 days.
Federal reserve bank.
Commercial, agricultural,
and livestock paper, n. e. s.
Boston
New York
Philadelphia...
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City....
Dallas
San Francisco..
Secured by
United " Bankers'
States
acceptGovernances.
ment obligations.
Trade
acceptances.
V
AgriculAgricultural i and tural and
livestock j livestock
paper, j paper.
4*
4.V
4.1
5
4>
fl
4
4.V
4i
4A
4A
4ij
44
^Including bankers' acceptances drawn for an agricultural purpose and secured by warehouse receipts,
etc.
EEPOBT OF THE COMPTROLLER OF THE CURRENCY.
98
DISCOUNT A&D INTEREST RATES.
Discount and interest rates prevailing in various cities during the
30-day period ended September 15, 1923, are shown in the statement
following; published in a recent Federal .Reserve Bulletin.
In publishing this statement, the Federal Reserve Board calls
attention to the fact that with few exceptions the rates remained
unchanged from the levels of the 30-day period ended August 15.
Prime commercial paper rates for paper purchased in the open market
was slightly higher in some eastern centers. The rates for the period
ended September 15, 1023. compared with the rates for a corresponding period in 1922, on all types of paper were generally higher,
although interbank loan rates were lower in some cities.
j
ciftVa during the 30-day period ended Septcmhci
'IS, 1923.l
Discount and interest rates prevailing in various
Bankers' acceptances,
60 to 90 days.
Prime commercial paper
District
No.
(Customers'.
City.
30 to 90
days.
1
2
3
4
5..
6
7
8
m
Boston
New York 1
Buffalo
Philadelphia .
Cleveland
Pittsburgh
Cincinnati
Richmond
Baltimore
Atlanta
Birmingham...
Jacksonville
New Orleans
Nashville
Chicago
Detroit
St. Louis
Louisville
Little Rock
Minneapolis
Helena
1 0 . . . . Kansas City....
Omaha
Denver
Oklahoma City.
11
Dallas
El Paso
Houston
1 2 . . . . San Francisco..
Portland
0
Seattle
SDokane
TT. L r. Tl. L C. '• 77
5
5V 5
5 51
67] 5 5-5V i!) 5 51-57,
ft"
7 5 6
6
":
6
7
6
7
•-,
G 5 G
6
6
^
8
6
=>'
1
5
6
6-7
6
6
6 5 6
G
6
ft
6
51
57,
8
8 5 6
8 5
7 6 6-7
7 6
6] l
8 f' 7
s
6 5 o.V-6 6 5 57,-6
6 5 57, 6 5 V
6 5 5V 6 5 hi
6 5 G" 6 5 G
7 6 6
6 5 57.
s"
7 5
6
8 6 6-8
10 5 7
7 •V 6
10
Js
7 5 6
6
8 5 7
8 •V 7
s
7
Salt Lake City. 8 6 7
Los Angeles.... 8 5
7 6 G
6 55
8
7 5
8
8
7
10
7
6
5
6
G
6
5i
5
8 51
,
5
5
I
6
G
5
5
0
55-5-5
Indorsed.
4 to 6
months.
5
5.V
0
• 5--\
57,
57]
TT. L
5} ^ 57, 5 5
6" 4* 5-6
7 -^
rj
-,
5V
-5
6 5V
6
G 5"
6
*
- .-.?
5 5
5
0 0
0 6
51 5 T - 5 V G 6
L.
5
5
t-5\
•V
57,
5
oi
5
57,
5
55
5
o.V
5 5
51 5-V
5 5
8* ft
6 5
5 5*'!
5J o.V
«i 5
:
c.
77. L.
H
Unindorscd. Demand. 3 months.
77. X .
C.
41 4 i 4J 7,
•n 4 4 '
4"' 4
4-4 J
41 41 41
47, 4g 47,
41 4 4-4 J
51 45 5
5
6 6 6
67 57, 6
6
6 4i 5
6 5:1 5-G
6 5 6
6
6
5
5i 5-6
6
6
4V
10
i 5 O 5
51 5 51
4* 5
s
5
5
5
8
5
•
•V
5 2'
A
-
*
5\ 4
£
5*
5 5
5
V
5V_
•">
s
7
8
7
0
6
6
6
5
5
-6;
6
7 ft
?
(
>
7 <i
(i
5\ 4 51
9
5
6
G-7
45. .js 4 5 . * " 6]
47,""'
is
•")•'
6 -V
S 0
8 6
6
57
•")•''
l\
47, 4J 41
5 4g- 4J
7
6
(i
7 5
.10
s
10
7
4 Hi! 41 41 4J-41 41-41-4-1 6
7
8
8
8
9
4 | 4§ 41
54 4 1 41
o.V
ti
G"
s
8 5
a a IS
c.
8
k
ft" 7
6
6
ft
6
5
5
5
5V
6"
(i
67,
8"
6
8
5
6
5
6
n
G
7
7
10
8
8"
6
5V-6
4{' 5
6
10 8
7 5
6-GV
57,
6
6
6
6
(j 4
s"
6
oi 6
8 6 7
S 6
6-7 7-8 S 7 7
8 6 7
0 7
8 0 6.V
5
8
8
7
71
8'
6
6
6
6
0
k
6
6-7
8
41 4$ 4i-41 6
6
41 4£ 4»
6 5
44
4\ 4J 4J
51
1
Rates for demand paper secured by prime banker's acceptances—high, 5; low, 4; customary, 4
r,
6
7
6
6
•V
6
6
(i 51
8 5
5 6
7 5 6
4-i 5
54
r. n
77 . L
. 7,. C. If . L
5 5
6 55
57.
6
45 5-5-V (i 5 51-6 6 5
(\
5 6
6
6 5
o.V6 5
7 5 6"
5 6"
7 6
G
6 5 G
6 5
6 5
6 5 o.V-6 6 o.V o.V-6 6 6
6
6
.5 to 0
months.
U. L.
Ordin ary
loans to
Secured
by ware- custoiners
secure dby
house
Lihp
receipts.
bondsl
ILL
C.
5V
6"
0
5
51
oj h 5
( • ;
8 6 7
8 5 H
ri
:
6
7
<~
^
5 6
r.
5-5.V
Cattle
loans.
Interbank
loans.
Open market
4 to 6 ! 30 to 90
months. \
days.
Collateral loans—stock exchange.
6 7
57, 57,
7"
6
6
6
5
5
5
5
s
8 5
7
10
8
10
5
6
(\
6
6-1
57,6"
oi
s"
6
6
8 8~
7 5
6-6£
8 6
8 6
6
5i 6
7
7
8 G-7 7-S
8 6
8 5 61
C.
51
77.
51
6
6
6
6
6 6" 6
7 5 6
8 6 6
6 6 6
7 cp. 6
8 ft* 7
6 5-1 5.V 6
55-6
6 GJ
6 6 5
6 5J 6 6 5 6
5-5^
6
0
4J 57,
6 0 6"
6 6 6
6 5 5-57^
6
6
6 5 55
7 5 6
8 0 G
6 6 6
7
7 6 6
6
5-5J
6 5 6
6 5
5 6
7 6
7 6
7 ft 67, o.v 5
8 77, 8" s" s
8 6" 6 8 54
ft
6 5
S s
8
6 () 6
7 5
10 6
8 7
10 8
7 7
6
8
71
8"
f
6 G
8 6 7
8 7 7
8 7 7
6
7
6
6
8
10
8
10
7
6
S
8
8
8
10
5
6
6
6
6
6
0
6
57,
8"
6
8
8
G1
8 8
6 7
0.V.-6 6
6 7
6 7
6-7 7
7 7
6
I
8
10
8
10
7
6
8
8
8
7
8
7
5
4'
8
5
5
5
(j
5V
8
6
8
ft1.
8"
55
5-6
7
7
6 7
6 6
6
REPORT OF THE COMPTROLLER OF THE CURRENCY.
95
RATES FOR MONEY IN NEW YORK.
Tho following statistical statement furnished by the Commercial
and Financial Chronicle, New York, showing the monthly range of
rates during the past year for call loans, time loans, commercial
paper, and sterling bills, shows little variation during the year in the
rates for respective classes of paper.
The high rate for call loans, 6 per cent, in November, 1922, dropped
to 5% per cent in December and January and in February rose to 6
per cent, the continuing maximum rate during the year except in
May, when it dropped to 5 | per cent.
The rate for time loans, paper running from 60 days to 6 months,
ranged from 4^- to 5J per cent in November, 1922, the maximum
rate being reduced in the months of December, 1922, January and
February, 1923, to 5 per cent. The range of rates increased in
March from 5 to 5J per cent, continuing practically stationary until
September, when the range was from 5 j- to o-J. In October the range
for 60-day paper was 4} to 5J- per cont, and for other classes of time
paper 5 to 5 J per cent.
The range for double-name commercial paper hriving a maturity
of from 60 to 90 days, was from 4 J to 4} per cent in November, 1922,
4J to 5:{ per cent in March, 1923, subsequent to which time the range
remained around 5 to 5\ per cent. The range for single-name commercial paper was from 4} to 5 per cent in the months of November,
December, 1922, and January and February, 1923. In the succeeding months, however, the minimum and maximum rates were slightly
increased, and in the last three months of the year ranged from 5 to
oj per cent.
.November.
( all loans, stock exchange:
Range;
Time loans:
* ( days
>)
'
H days
O
4 months
r
•) months
c months
»
<•'oinmeicial paper:
I>on bio names—
Choice, 00 to 90 days..
SiniiJo names—
Prime, - to ft months
1
Good, l to 0 months.
December.
January.
March. ; April.
!
i
4,
m
h
IS} - " )
•l,
i -t;
»i-5 i
...\A
43-Vi
4. -5
;
4i-;
5-oJ
v,-w
4- ;< —">
! .Inly.
Call loans, t?t(X'k exchange:
Hange
Time loans:
tiO days
IK) days
4 months
,
5 mon ths
ti months
Commercial paper:
Double J lames—
Choice, 00 to90 days..
Single names—
Prime, 4 to (5 months.
Good, 4 to(i months..
February.
' August.
-G
l) i!-. "
-
4-0
;> - ; > *
i -.>:!
Sl! > m Ottober
o-yi
5 -h\
">-')?[•
t-2—"ij
Comparison of the range of rates for call loans, GO-day time loans, and two-name commercial paper loans in New
York annually for 1914 to 1923 is shown in the statement following:
Range of rates for money in New York annually, 1914 to 1923.
1914
Ban go
for H i g h .
January.
Low.
Ran sro
Range
for IVfor
10*.
coin her. J a n u a r y .
Low.
o
w
1917
1916
Ran w
I
j Range
for l)oTlLgh.'Lov.-.! for l>oi
j oymb.or.
COIllblT. January.
Range
for
High
! Range
Ran go | Range
TTigh .• Low. i for I)i;for ih- ;
for
icernlx 1 !'.
coinix^r. Januar}' j
H
O
H
Call loans
Time
loans
days)
Commercial
name)
(60
H-10
-
10
V.
l.J-3
S
4 - -;
•ii-'i
-
(2-
4 -">
'
3
I
21-1 r,
21
2 ^
24 !
2:J
4
•'1 |
3
3 -0
"
.
2i-G
> - H
r,j-r,4
:
0
|
2
.
.'5i-r»
5 -o
| »2- -U
I
1919
.igh.i Low.
('all loans
Time loans
' days)
Comint>r«ial
name)
i
(do ;
;
(L1- |
;
1922
1920
for !><"rdi r iHigh. 1 Low. r M iS-l
« for
cciiilicr. .'aui!::ry.
;
ccMii>iT. .Janw.'.ry.
:»i-2:> :
U -7
:
o-2u
7- S
. L o w . : for !)<•-
Jlango |
Tor
j
January.!
192;{
Range i
•
j Ran go
v.i for Dofur
High. Low. | to Octo! combiT. .January.
4 -0
(i - S
r, -74
7|-S
•u-r,
o
1-3
•1 :J-. r »:|
r, -oi
O
W
i
o
REPORT
OF
THE
COMPTROLLER
OF
THE
97
CURRENCY.
RATES FOE, STERLING BILLS.
The range of rates for sterling bills, 60-day, sight, and cable transfers, was from 4.42$ to 4.50^*4.44}'to 4.52-^, and 4.44£ to 4.52 &-,
respectively, in November, 1922. By January the rates for 60-day
bills and others correspondingly rose, ranging from 4.60J- to 4.66.
The high point for the year was in March, namely, 4.65$ to 4.68J.
Thereafter the rate gradually declined until in October, 1923, the
range for 60-day bills was 4.45 to 4.532?; sight, 4.47.{- to 1.50J: and
cable transfers, 4,47$ to 4.56-|.
Hales for sterling
].);•((>.
hilh.
OO-cLiy.
Sight.
\
i C;'.ble t r a n s f e r s .
1022,
4.42-1? - 4 . - W -
November
1023.
January
February
Morch..
April
May
June
July
Ai
tfepiombor
October
(>()£• —1
,
i
i
•
4. C)2'} —4,
'L <v">| - ( • !
4 . « 7 i - i 7i
:
4. (>2i- -J <)7 ;
•i! o{j|;-l
1. .">«>i
J.-f
-4.03.V
4..V.-5-I.
4. ^ , V - »
••!. -»7-;";—!.
4.-lf> - 1 .
-4.<Wj|- 4 . 72i}
- 4 . 71-V
--!.(iS
4.57
4.57JH
4. 5-1 * ~ I.
4.52v - I .
4.(J2i
4. iv,\
4.*»7Jf4.C>2i}
-lIoO-Iv-liHi'i?
4.474 -4.5t>j{
YORK CLEARING HOUSE.
The membership of the New York Clearing House in the year
ended September 30. 1923. comprised 40 banks, with aggregate
capital of §309,125,000. The aggregate clearings amounted, to
8214,621,431,000, showing an increase over the year previous of
SI,295,045,000. The average daily clearings in the year ended
September 30, 1923. were 8713,028.000; the average daily balances,
$77,349,000: nnd the per cent of balances to clearings, 10.85.
For the past live years, settlements of the Now York Clearing
House have been made through the Federal Reserve Bank of New
York, and statistics furnished by Mr. W. J. Cilpin. manager New
York Clearing House Association, show transactions with the Federal reserve bank as follows, for the year ended September 30, 1923:
"Debit oxehanees
-S2. 795, 95(>. 000
Credit e x c h a n g e s
2 L W)o'. 579! 000
Credit balances
IS). M ) (>23, 000
M,
CLEARING-HOUSE ASSOCIATIONS I F 12 FEDERAL RESERVE
BANK CITIES AND ELSEWHERE.
The transactions of clearing houses in the 12 Federal reserve bank
cities show an increase in the year of 815,831,848,000, and amounted
year ended September 30, 1923, to S327,200,731,000. The transactions of the associations in these 12 cities, combined with those
in excess of $1,000,000,000 in 20 other principal cities, aggregating
§53,307,857,000, constitute the bulk of the total clearings throughout
the United States, the amount $380,508,588,000 being 92.52 per
cent of the total clearings, amounting to $411,251,633,000, which
compares with total clearings for the year ended September 30,
1922, of
$381,620,024,000.
98
RKPORT OF THE (1OMPTTU)LLKR OF TFTE CURRENCY.
Tables with respect to the activities of the New York Clearing
House in the period from 1854 to 1923; comparative statement for
years ended September 30, 1022 and 1923; amount of exchanges and
balances, years ended September 30, 1893 to 1923, with the per
cent of balances to exchanges and percentage of funds used in settlement, and comparison of the exchanges of associations in the 12
Federal reserve bank cities, other principal cities, and in each city
throughout the United States, for years ended September 30, 1923
and 1922, are published in the appendix of this report.
BANKS OTHER THAN NATIONAL.
STATE (COMMERCIAL) BANKS.
The resources of State (commercial) banks in the several States
and Territories June 30, 1923, aggregated $14,162,862,000, an increase
in the year of $1,098,456,000, although the number of reporting banks
shows a reduction of 189.
Loans and discounts increased in the year $789,543,000 and
amounted to $8,723,666,000 exclusive of overdrafts of §41,120,000,
which show a reduction in the year of $19,105,000.
Investments in United States Government securities and other miscellaneous bonds, stocks, etc., aggregated $2,587,002,000, compared
$2,304,891,000 June 30, 1922.
Banking houses, including furniture and fixtures, and other real
estate owned, amounted to $353,702,000 and $106,342,000, respectively, and show an increase of $24,935,000 in banking houses, etc.,
and $33,581,000 in other real estate.
Balances due from correspondent banks and bankers amounted to
$1,559,055,000, compared with $1,433,117,000 a year ago. Checks
and other cash items, including exchanges for clearing house, show a
reduction of $77,608,000 and amounted to §277,266,000, and cash in
vault, $314,057,000, shows an increase of $4,473,000. Other miscellaneous assets were reduced in the vear $55,412,000 and amounted to
$200,052,000.
The capital stock of these banks was increased in the year from
$1,014,248,000 to $1,041,413,000; surplus funds amounted to
$571,461,000, showing an increase of $10,330,000, and undivided
profits of $217,377,000, an increase of $6,841,000.
All deposit liabilities of those banks show increases in the year.
The aggregate deposits amounted to $11,668,234,000, an increase in
the year of $1,095,443,000. Of the total deposits, balances due to
other banks and bankers amounted to $445,817,000, an increase of
$58,160,000; certified checks and cashiers' checks outstanding show
an increase of $5,776,000 and amounted to $75,579,000; individual
deposits of $11,130,142,000, an increase in the year of $1,022,545,000,
and United States deposits amounted to $16,696,000, an increase
of $8,962,000.
Liabilities for money borrowed, represented by notes and bills
rediscounted and bills payable, amounted to $130,443,000 and
$269,744,000, respectively. The increase in the year on account of
notes and bills rediscounted, was $18,792,000, but bills payable
show a reduction of $41,405,000. Other liabilities amounting to
$264,190,000 show a reduction in the year of $18,710,000.
The resources and liabilities of these banks, with classifications of
loans and discounts, investments, cash and deposits, are shown in
the following statement:
REPORT OF THE COMPTROLLER OF THE CURRENCY.
99
Summary of reports of condition of 18,04$ Slate (commercial) banks in the United States
and island possessions at the close of business June 30, 1923.
[In thousands of dollars.]
RESOURCES.
Loans and discounts (including rediscounts):
On demand (secured by collateral other than real estate).- 225, 419
On demand (not secured by collateral)
133, 544
On time (secured by collateral other than real estate)
509, 340
On time (not secured by collateral)
1, 089, 959
Secured by farm land
08, 446
Secured by other real estate
267,162
Not classified
6, 429, 796
Total
8, 723, 666
Overdrafts
41,120
Investments (including premiums on bonds):
United States Government securities
'160, 010
State, county, and municipal bonds
203, 206
Railroad bonds
65, 906
Bonds of other public service corporations (including street
and interurban railway bonds)
119,194
Other bonds, stocks, warrants, etc
1, 738, 686
Total
2, 587,002
Banking house (including furniture and fixtures)
353, 702
Other real estate owned.
.'
106,342
Due from banks
1,083,349
Lawful reserve with Federal reserve bank or other reserve agents
475, 706
Checks and other cash items
147,354
Exchanges for clearing house
129, 912
Cash on hand:
Gold coin
13, 347
Silver coin
12, 253
Paper currency
134, 713
N ickels and cents
1, 059
Not classified
152, 685
Total
314,057
Other resources
200, 652
Total resources
14,162,862
LIADILITIKS.
Capital stock paid in
1, 041,413
Surplus
571,461
Undivided profits (less expenses and taxes paid)
217,377
Due to all banks
445,817
Certified checks and cashiers' checks
75, 579
Individual deposits (including dividends unpaid and postal savings)Demand deposits—
Individual deposits subject to check
3. 500, 288
Demand certificates of deposit
213, 622
Dividends unpaid
9, 514
Time deposits—
Savings deposits, or deposits in interest or savings
department
1\ 2, 462, 929
Time certificates of deposit
3, 399, 655
Postal savings deposits
2, 550
Not classified
3, 511, 584
Total
n , 130,142
United States deposits (exclusive of postal savings)
16,696
Notes and bills rediscounted
130,443
Bills payable (including advances received from War Finance Corporation
and certificates of deposit representing money borrowed)
269,744
Other liabilities
264,190
Total liabilities
14,162,862
100
REPORT OF THE COMPTROLLER OF THE CURRENCY,
LOAN AND TRUST COMPANIES.
The abstract with respect to the condition of loan and trust companies for the current year includes the returns from this class of financial
institutions in the following States: Florida, Kentucky. Oklahoma,
and Idaho, heretofore included under the heading of State (commercial) banks. The increase of 03 in the number of reporting companies and of resources from 88,533,850,000 to $9,499,259,000 is
partially due to this fact.
Loans and discounts were increased in the year from 84,342,895,000
to §5,058,954,000, and overdrafts show an increase of $2,543,000, and
amounted, June 30, 1923, to $5,146,000.
Investments in various bonds and securities, including United
States Government securities, amounted to $2,423,803,000, or
§112,702,000 in excess of the amount June 30, 1922, and banking
houses, furniture and fixtures, amounting to $216,270,000, show an
increase of $18,003,000. Other real estate owned increased from
$38,424,000 to $40,107,000.
Balances due from correspondent banks and bankers, including
reserve with Federal reserve banks, amounted to $954,033,000 compared with $895,922,000 June 30, 1922; checks and other cash items
of $278,045,000, including exchanges for clearing house, show a reduction in the year of $37,336,000; and cash on hand, amounting to
$123,438,000, shows an excess over the amount June 30, 1922, of
$6,359,000. Other miscellaneous assets aggregated $399,463,000 and
show an increase of $87,285,000.
Capital stock of $591,431,000 shows an increase in the year of
$59,115,000; surplus funds wore increased $43,917,000, " or to
$606,648,000, June 30, 1923; and undivided profit?, amounting to
$133,346,000, show an increase of $15,833,000.
Aggregate deposit liabilities amounted to $7,627,699/300, and were
$735,315,000 greater than on June 30, 1922. Deposits due to other
banks and bankers show the largest increase in the year, 8393,127,000;
certified checks and cashiers' checks show a reduction of $4,021,000;
individual deposits, an increase of $335,090,000; and United States
deposits, an increase of $11,119,000.
Liabilities incident to the rediscount of notes and bills and money
borrowed through bills payable show a reduction of $1,004,000 and
an increase of $67,182,000, respectively. All oilier liabilities
amounted to $370,387,000, and show an increase of §45,051,000 for
the year.
The resources and liabilities of 1,643 loan and trust companies, at
close of business June 30, 1923, are shown in the statement following:
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Summary
101
of reports of condition of 1,64•> loan ami trust companies in the United States
at tie close of business June 30, 7,91'/;.
[[n t h o u s a n d s of doll\\i-..]
RKSOintCES.
Loans and discounts (including rediscounts):
On. demand (secured by collateral oilier than real create)..On demand (not seemed by collateral>
On time (secured by collateral other than real estate)
On time (noli secured by collateral>
Secured by farm land
Secured by other real estate
Xot classified
581, 5I.0
I'M). 078
254, 25 i.
1. 47i. 502
17, -137
029. 51.3
1. 905, :>73
Total
5, 058, 954
Overdrafts
5.1-46
Investments (including premiums on bonds):
United. Slates Government, seeurilies
,.
382. 309
Stale, county, and municipal bonds
72, 215
Railroad bonds.
210, 245
Bonds of oilier public service corporations (including .street
and interurban railway bonds)
135), 992
Other bonds, stocks, warrants, etc
.1, 579, 952
Total
Banking house (including furniiure and fixtures)
Other real estate owned
Due from ban ks
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
Xot classified
2, 423, 803
210, 270
40.107
380, 250
- 507. 783
25 1. 522
23, 523
4, 995
3. 321
77. -159
053
37. 010
Total
Other resources
123. 438
399. 463
Total resources
9.199, 259
LIA Bl M i l IvS,
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 d eposits—
Individual deposits subject, to check.
2, 210, 5.10
Demand certificates of deposit
U0,177
Dividends unpaid
5. 717
Time deposits—
Savings deposits, or deposits in interest or savings department
T
1, 503, 090
Time certificates of deposit
153,196
Postal savings deposits
2, 820
Not classified
2, 779, 502
~
591, 43!.
000, (.) 18
133. 346
7-4-i, 074
27. 088
Total
6, 831; 018
United States deposits (exclusive of postal savings).
24, 919
Notes and bills rediscounted
41, 233
Bills payable (including advances received from War Finance Corporation
and certificates of deposit representing money borrowed)
128, 515
Other liabilities
'
370, 387
liabilities
Total
9,499,259
102
REPORT OF THE COMPTROLLER OF THE CURRENCY.
PRINCIPAL ITEMS OF RESOURCES AND LIABILITIES OF LOAN
AND TRUST COMPANIES IN JUNE OF EACH YEAR, 1914 TO 1 9 2 3 .
The principal items of resources and liabilities of loan and trust
companies for years ended June 30, 1914 to 1923, inclusive, are
shown in the statement following:
|Tn millions of dollars.!
Year.
Number.
1914
1915
19H>
1917
1918
1919
1920
1921 .
1922
1923
1.564
1. M4
, 600
' 608
, 669
L,377
,408
,474
, 550
. 043
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
5.058.9
Investments.
1.201.3
1.349.6
1,605.4
1.789.7
2.115.6
2.069-9
1.902.1
1,942.6
2,311.1
2.423.8
Capital.
Surplus
and
profits.
402.2
476.8
475. 8
505.5
525.2
450. 4
475.7
515.5
532.3
591.4
564.4
577.4
005.5
641.8
646.9
588.6
612. I
649.5
6S0.2
739- 9
All
deposits.
4 289.1
4,604.0
5.732.4
6 413.1
6,493.3
6.157.2
6,518.0
0,175.0
6.861.2
6.831.0
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
9,499.2
' Includes overdrafts.
STOCK SAVINGS BANKS.
The number of stock savings banks shows a reduction in the year
ended June 30, 1923, of 37, but total resources were increased $206,761,000, or to $1,790,683,000. Two States, Florida and New Mexico,
furnished separate statistics with respect to this class of banks which
were not furnished in 1922.
Loans and discounts were increased in the year from $1,051,310,000
to $1,181,848,000, and overdrafts from $498,000 to $505,000.
Aside from $200,280,000 miscellaneous bonds, stocks and warrants,
etc., the investments of these banks, aggregating $370,077,000, consisted principally of United States Government securities to the
amount of $136,979,000. The increase in investments in the year
was $44,390,000.
Banking houses, furniture, and fixtures were valued at $51,706,000,
an increase over the amount June 30, 1922, of $7,936,000, and other
real estate owned, $10,298,000, was $3,461,000 in excess of the amount
a year ago.
Balances due these banks from other banks and bankers show an
increase of $15,168,000 in the year and amounted to $131,550,000;
checks and other cash items, including exchanges for clearing house,
were increased from $6,576,000 to $12,263,000, and cash on hand of
$24,854,000 was $3,147,000 less than a year ago. Other miscellaneous
assets were increased from $4,861,000 to $7,582,000.
Capital stock of $81,120,000, surplus funds of $41,362,000, and
undivided profits of $17,325,000 show increases of $1,270,000,
$182,000, and a reduction of $1,670,000, respectively.
Total deposits amounted to $1,624,452,000, compared with
$1,407,371,000 in 1922. In the vear balances due to other banks
and bankers show an increase of $7,118,000; certified checks and
cashiers' checks outstanding, an increase of $1,425,000; individual
deposits, principally savings, an increase of $207,616,000; and United
States deposits, an increase of $922,000.
Liabilities for money borrowed on account of rediscounts, $8,959,000,
and bills payable, $8,380,000, show an increase of $8,898,000 and a
reduction of $20,975,000, respectively. Other liabilities amounted
to $9,085,000, an increase in the year Of $1,975,000.
Statement of resources and liabilities of these banks June 30, 1923,
follows:
REPORT OF THE COMPTROLLER OF THE CURRENCY.
103
Siiinmori/ of rr ports of condition of 1.029 stock savings bards in the United States at the
clone of bus wean June JO, !'):•>.
[In thousands of dollars.]
RKSOURCKS.
"Loans and discounts (including rediscounts:
On demand (secured b y collateral other than real estate)..
On demand (not secured b y 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
Total
Overdrafts
Investments (including premiums on bonds ,>:
United States Government securities
State, county, and municipal bonds
Railroad bonds
Bonds of other public service corporations (including street
and interurban railway bonds')
Other bonds, stocks, warrants, etc
Total
Banking house (including furniture and fixtures)
Other real esiate owned
Due from banks
Lawful reserve with Federal reserve bank or other reserve agents
('hecks and other cash items
Exchanges for clearing house
Cash on h a n d :
Gold coin
Silver coin
Paper currency
Nickels and cents
Not classilied
17, 365
22, 479
57,188
134, 570
84, 951
750,172
115, 123
1,181, 848
505
136, 979
.10, 287
15,187
7, 344
200, 280
370,077
51, 706
10,298
100,486
31,064
5,901
(>, 302
1, 358
J, 030
5. 887
131
13, 448
Total
Other resources
24, 854
7, 582
ToUl resources
1, 790, 683
J,IA B 11.ITl K H .
Capital stock paid in
Surplus
Undivided profits (less expenses and taxes paid)
Due to all banks.."
t 'ertilied checks and cashiers' checks
Individual deposits (including dividends unpaid and postal savings):
D eni a i I d d e] >osits—
Individual deposits subject to check
11.7, 388
Demand certificates of deposit
4. 31.5
D\ vidends unpaid
321
Time deposits—
Savings deposits, or deposits in interest or savings department
."
!, 297, 637
Time certilicates of deposit
131, 246
Postal savings deposits
211
Not classified
58, 240
81,120
41,362
17, 325
8, 454
1, 982
Total
1. 609, 358
United States deposits (exclusive of postal savings)
4, 658
Notes and bills rediscounted
8,959
'Bills payable (including advances received from War Finance Corporation
and ''ertilieates of deposit representing money borrowed).
8, 380
Other liabilities
"
9,085
Total liabilities
72390 °—24
8
1, 790, 683
104
REPORT OF THE COMPTROLLER OF THE CURRENCY.
MUTUAL SAVINGS BANKS.
The total resources of 618 mutual savings banks June 30, 1923,
were $6,904,825,000, compared with resources of 619 banks June 30,
1922, of $6,351,648,000.
Loans and discounts, including overdrafts, show an increase of
$358,152,000 and amounted to $3,360,898,000.
Investments in bonds and securities of $3,186,872,000 show an
increase of $179,579,000, and banking houses, furniture, and fixtures,
amounting to $55,650,000, show an increase of $6,566,000, while
other real estate owned, amounting to 87,282,000, shows a reduction
of $3,348,000.
Balances due from banks show a reduction of 84,248,000; checks
and other cash items, $40,000, including clearing-house certificates,
and cash on hand, 85.472,000. Other miscellaneous assets were
increased $21,988,000 and amounted to $71,744,000.
Surplus funds and undivided profits of $496,513,000 and $107,973,000 show respective increases of 828,320,000 and $15,777,000.
Bank deposits of $317,000 show an increase of $53,000; certified
checks and cashiers' checks outstanding, an increase of $11,000; and
individual deposits, principally savings, were $509,045,000 greater
than a year ago and amounted to $6,288,551,000.
The returns from these banks show no liabilities on account of
rediscoimted paper, and bills payable, representing money borrowed
amounting to 8269,000, show a reduction m the year of $378,000.
Liabilities other than those referred to show a reduction of $457,000
and amounted to $11,167,000.
Summary of the resources and liabilities of these banks June 30,
1923, follows:
Summary
of reports of condition of 6.1 S -mutual sarings banks in the United States at the
clcftie of bvsiness June 30. 192S.
f[p. thousands of dollars.]
'RKS OUNCES.
Loans and discounts (including rediscounts):
On demand (secured b y collateral other than real e s t a t e ) . .
f>. 824
On demand (not secured b y collateral)
On time (secured, b y collateral other than real estate)
5. 715
On time (not secured b y collateral)
17, 467
Secured hy farm land
462
Secured b y other real estaie
2. 765, 959
Xot classified
565. 471
Tot al
Investments (including premiums on bonds}:
United States Government securities
State, county, and municipal bonds
Railroad bonds
Bonds of other public-service corporations
street and interurban railway bonds)
Other bonds, stocks, warrants, etc
3, 360, 898
533, 336
205, 383
587, 300
(including
!
Total
Banking house (including furniture and
fixtures)
Other real estate owned
D u e from banks
Lawful reserve with Federal reserve bank or oilier reserve agents
Checks and other cash items
Exchanges
for clearing house
148, 203
1, 712, 650
3,186, 872
55, 650
7, 282
171, 209
"JO, 446
1,136
177
REPORT OF THE COMPTROLLER Or THE CURRENCY.
Cash on hand:
Gold coin
Silver coin
Paper currency
Nickels and cents
Not classified
'AX
Total
105
1.161
63
4, 781
j.].
8?»2
MO. 41."1
Other resources
7.1, 7 ! i
Total resources
(j, (KM . 825
LIABILITIES.
Surplus
-J:;fi. r-i.'i
Undivided profits (less expenses and taxes paid). . ,
io7,1)?:]
Due to all banks
317
Certified checks and cashiers' eh.ee Ls
;-;5
Individual deposits (including dividends unpaid and postal
savings):
Demand deposits—
Individual deposits subject to clieck
r>. 37G
Demand certificates of deposi t
41 !
Time deposits—
Savings deposits, or deposits in interest or savini-a
department
(j. 282. 1 ~>7
Time certificates of deposit
4*;i
Postal savings de]>osits
70
Not classified
(\~,
Total
G. 2->*. - > \
V
;
United States deposits (exclusive of postal pavings)
Notes and bills rediscounted
Bills payable (including advances received from War Finance Corporation
and certiiioates oi' deposit representing money borrowed)
209
Other liabilities
./.'.
!
1.1, Ifj7
Total liabilities
(I. ?>i.i4,825
DEPOSITORS A¥D DEPOSITS IK MUTUAL AFD STOCK SAVINGS
BAffKS.
On June 30, 1923, the total number of depositors in mutual and
stock sayings banks was 13,340,332 and the amount of deposits to
the credit of these depositors $7,897,909,000. The average balance
to the credit of depositors in the mutual savings banks was §625,26
and in the stock savings banks §490.22. The increase in the number
of depositors was 801,335 and the increase in the amount of deposits
8716,661,000. The interest rates paid by these banks run from 3 to
5 per cent.
Considered in connection with the material increase in the deposits
of these banks and in the number of depositors since June 30, 1914,
these figures indicate a greater tendency toward thrift and saving by
the American people, especially in view of the fact that the deposits
of these two classes of banks are 52.20 per cent of the total savings
deposits in all reporting banks.
The increase in deposits of mutual and stock savings banks between
1914 and 1923 was $2,964,024,000, or 60.07 per cent, and the increase
in the number of depositors was 2,230,833, or 20.08 per cent.
Comparative statements of the number of mutual and stock savings
banks in each State June 30, 1922 and 1923; the number of depositors;
amount of deposits; average amount due each depositor, with interest:
rates and related data, lor years ended June 30, 1914 and 1923,
follow:
O
[In thousands of dollars.]
1922
States.
Deposits.
of banks.
Maine
. . .
Nc'v Hampshire
Vermont
Massachusetts
Rhode Inland
Connecticut
..
...
1
1923
79
i 237,531
233,374
122,176
2,611.057
182,706
733,96J
105.324
123. 3S0
68, 082
1,274,594
120,843
418,980
396
4,120,805
2,111,203
17
3 915,912
360, 911
520,535
42,561
279,311
2,791,353
185,111
306,739
19,031
129,811.
712. 82
512.90
589.28
447. 14
464.75
198
5,119,230
3,432,045
9
101,467
32; 459
12,725
159,205
05, 539
16,121
3,979
59,8.17
23
305, 856
.14.5,456
475.57
1
1
34,714
75,256
17,184
73,618
495.02
978.23
Total Pacific States
2
109,970
90, 802
6.19
9,655,861
5,779, 506
598.55
4,2.35,037
2,310,621
539.23
145
o
o
17
t, 113,547
377,758
51.9,795
43,522
289,114
3.044,130
J 96,8-45
322,040
20,105
110,105
740.03
521.09
619.55
461.95
4 SI. 60
5,343,736
3,723,225
3 14
Tot al New Knphmd Si ai.es
Now Y o r k . . . .
New Jersey
Pennsylvania.
Delaware. . . .
Maryland
Total Eastern States
Ohio
Indiana
"Wisconsin
Minnesota
4
Total Middle Western Slates .
Wa^hinpton
California
1
As of September, 1921.
2
Generally.
3
Includes business of branches.
4.00
2 4.00
4.375
4. 405
•J.00
4. IS
2 4.00
3.77
3.00-4.25
4.00
3. 75
4.00
4.00
4.20
4.00
99,786
32,588
13,666
143,809
67,632
17,318
4,736
65,907
677.77
531.42
346.55
458.30
5.00
"4.00
289,849
.155,593
536.81
67,051
71,763
23,624
75,488
352.33
1,051.91
90,112
713.99
10,057,435
6,288,551
625.26
40
44
19
26
T
608
4
o
W
H
.696.75
3
5
7
M)
825.70
Total United States
463. 54
554.29
608.23
517.89
658.68
591.06
.138,814
645.91
4%. 66
312.69
375.72
108,092
132,481
74.164
1,413.211
131,844
450,829
24
670.42
3
T.Hi
a 14
79
233,187
239,009
.121,931
2,72*, 776
200,163
761,968
199
512.33
J44
26
9
45
20
195
Average
Per cent
due each rate of indepositor. 1 crest paid.
392
443. A1
528.6S
557.25
488. 15
661.4i
570.85
•13
2
Per cent,
Average
due each rate of in- Number Depositors. Deposits.
depositor. terest paid. of banks.
Includes stock savings banks.
a
Approximately
4.00
4.00
4.56
4.57
4.17
4.50
4.00
3. S3
3.93
4.00
3.75
^
^
n-i
E
d
O
S
W
C
Cr
4.00
tS
4.00
3.50
•I. 00
k-;
*r
*
5.00
4.00
ri
#
n
•
Number of stock savings banks, number of depositors, individual deposits, and average deposit account, by Stales, June 30, 1922 and 1923.
[In thousands of dollars.]
States.»
. Average
Deposits. | due each j rate of in- i o lf ,D a l k S Depositors. Deposits.
,
depositor, i u-rost naid.
' -
New .Jerse\
Ponnsylvauia
District of Columbia
21,118 =
'
depositor. | tcrest pai
•13.200 I
; 280 !
100,290 i
2,012 ;
30,972 •
Tol al Kas t ern Si at es
Michigan.
Jowa
Total Middle Western States.
Wyoming...
New Mexico.
362.52 !
4
< 008
912
3 I
Total Western States..
Total United States.
1
9,236
358.328 :
24:5.78
409.81.
012,271
367,564 :
402.91.
2,494 I
067.00 |
1,665
9,180
].736,285
46.292
3,050
7
2.197
3.792 .'
940,833 i
1.5,758 ..
2.793 i
9 1.205 i
413.07
541.87
340.40
915.74
548. 48
109 |
1,797,004
964.381
4. 00
4. 00
M I
891 |
19,597 j
5 977,340 |
895 |
990,937 i
4.00 I
4
5
6
566.57 i
393.30
395,489 |
_ _ _
396.70
3.75
• 4.00
3.75
4. 00
4.00
486.19
Returns as of June 10,1922.
Partially estimated.
Includes business of branches.
6
s 76
3
1
1
769 ;
61.8.13 I
380.50 I
3,896 !
536.66 !.
1,066 j 2,883,1.36 1 J,401,742 I
il.103 !
3*4.. 386 j
1,875 '
2,021 |
667.60
No separate returns received from stock savings banks in any other States.
* Generally.
s
Returns as of June 23, 1923.
NOTE—No returns from Florida and New Mexico for 1922.
1,065 i
2,494
Oregon
California.
Utah
Nevada...
Arizona...
Total Pacific States.
37. SS7
874; 384
1,928 i
4.00
1.50
494.87 i
8.268 j
4. 234
2.015,182 : 1.114. 091
07.362 i
IS. 420
3'. 253 i 7 3,160
7
2,332 i
1,177
512.09
552.85
273. 45
971.41
504.72
2.096,397 ! .1,141.082
544.31
1,029 I 3,282,897
7
8
3.75
4.28
1,609,358 j
3.50
4.00
3.80
4. (10
4.00
190.22
Estimated.
Includes savings business of departmental banks.
'•> Includes due to banks.
C
c
108
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Number of savings banks (mutual and stock) in the United States, number of depositors,
amount of individual deposits, and average amount due each depositor in years ended
June SO, 1914 to 1923, inclusive.
Year.
1914—Mutual savingvS banks
Stock savings banks
19.15—Mu tual savings ban ks
Stock savings banks
1910—Mutual savings banks
Stock savings' banks
1917—Mutual savings banks
Stock savings banks
1918—-Mutual savings banks
Stock savings banks
1919—Mutual savings banks
•Stock savings banks
1920—Mutual savings banks
Stock savings banks
J921—Mutual savings banks
Stock savings banks
1922—Mutual savings banks
Stock savings banks
1923—Mutual savings banks
Stock savings banks
Banks.
1
I
i
I
!
j
i
j
I
I
I
\
;
|
!
j
Depositors.
034
1,100
030
1,529
622
1,212
622
1,1ST)
62;")
1.194
0-22
1.007
62(1
l,0S7
623
019
1, Oijti
008
1.029
Deposits.!
8.277,359 $3,915, 555,280
1,018, 330,071
2,832,310
8,307,787 3,950, 585.031
1,040. 090.917
2,977.908
8,592.271 4,187. 910.941
2.550.121
901, 930,188
8.935.055 4,422, 189.311
2.43 L. 958
' 990. 105.031
9,011.464
4,422, 092,991
2.368.0S9
1.049. 094,890
8,948.808
1,751. 300,000
2.180.073
1,152, 127.000
9,445.327
o,180; 952.000
1.9S2.229
1,351, 242.000
9.019.200
5.575. 147,000
1,118,583
-142! 851,000
9.055.801
5,779, 500,000
2.8*3,130
1.401. 742.000
10.057.-135
0,288! 551,000
3'.282'897
1,009!,358,000
Average
due each
depositor.
$173.04
359.56
475-53
351.28
487.40
352.85
494.96
409.01
490.72
443.27
530.94
403.43
519.18
081.08
579-58
395.90
598.55
480.19
625.26
490.22
^ Dividends unpaid included.
PEIVATE BATIKS.
The returns from 604 private banks show total resources of
8165,516,000, a reduction of 69 in the number of banks and in
resources of $20,015,000.
Statistics with respect to private banks are incomplete, owing
to the fact that such banks in the States of Connecticut, Texas,
Michigan, and Iowa are not subject to the supervision of tho several
banking departments, and any information furnished relative to
their condition is voluntary. Private banks in the State of Connecticut, however, have recently been placed under supervision of
the banking department.
Incident to the reduction in the number of reporting banks, practically all items of resources and liabilities show reductions in the year.
Loans and discounts of $87,190,000, including overdrafts, show a
reduction of $19,803,000.
Investments amounted to 835,090,000, showing a reduction of
§180,000 in the year, and banking houses, furniture, and fixtures of
$5,446,000. a reduction of $406,000, and other real estate owned
amounting to $4,957,000, a reduction of $465,000.
Balances due from other banks and bankers amounted to
325,536,000, a reduction in the year of $1,915,000; checks and cash
items of $994,000, including exchanges for clearing house, show a
reduction of $12,000; and cash on hand of $4,233,000 was $69,000
in excess of the amount a year ago. Other miscellaneous assets
amounted to $2,070,000, and show a reduction of $1,133,000.
Capital, surplus funds, and undivided profits of $9,512,000,
$12,894,000, and $1,919,000 show reductions of capital $808,000,
surplus $2,474,000, and undivided profits of $250,000.
The total deposit liabilities of these banks amounted to $133,687,000,
compared with $147,191,000 a year ago. Bank deposits of $1,751,000
show an increase of $220,000, individual deposits of $131,666,000, a
reduction of $13,513,000, and United States deposits of $31,000, a
reduction
of $211,000.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
109
Liabilities for money borrowed on account of rediscounted paper
and bills payable aggregated $4,202,000, a reduction in the year of
$1,781,000, "and other miscellaneous liabilities, $3,302,000, were
reduced in the year to the extent of $1,198,000.
Statement of resources and liabilities of private banks June 30,
1923, follows:
Summary
of reports of condition of'604 )>T-iva1e banks in the United States at the close of
business June SO, 1923.
[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)
,
Onetime (secured by collateral other than real estate)
On time (not secured by collateral)
Secured by farm land. !.
Secured by other real cstaie
Not classified
2. 520
888
4. 432
9, 249
3. 620
3. 434
62, 260
Total
SO, 400
Overdrafts
781
Investments (including premiums on bonds?:
United States Government securities
4, 083
State, county, and municipal bonds
1. 518
Railroad bonds
464
Bonds of other public service corporations (including street and
interurban railway bonds)
320
Other bonds, stocks, warrants, etc
28. 606
Total
Banking house (including furnit ure und fixt ares i
Other real estate owned
Due from banks
Lawful reserve with Federal reserve bank or orhor reserve agents
Checks and other cash items
Exchanges for clearing house
Cash on hand:
Gold coin
Silver coin
Paper currency
Nickels ami cents
Not classified
35, 000
5, 446
4, 057
25, 207
230
71L
283
21.6
199
2. 440
20
1.310
Toirtl
Other resources
Total
resource:-)
4, 233
2, 070
,
165, 51.6
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
Demand certificates of deposit
Dividends unpaid..,
,
Time deposits—
Savings deposits, or deposits in interest or savings department
,
Time certificates oi: deposit
Not classified
*
Total
0, 512
12, 804
1,010
1, 751
230
29, 456
22, 778
267
15, 410
19, 502
44. 253
131, 66(5
110
itEPOKT OF THE COMPTROLLER OF THE CURRENCY.
United Stales deposits (exclusive of postal savings)
Xotes and bills redisconnted
Bills payable (including advances received from War Finance Corporation
and certificates of deposit representing money borrowed)
Other liabilities
'.
Total liabilities
31
1, 270
2, 932
3, 302
165, 516
ALL REPORTING BANKS OTHER THAN NATIONAL.
The combined resources of all reporting banks other than national,
including State (commercial) banks, mutual and stock savings
banks, loan and trust companies, and private banks, aggregated
$32,523,145,000, or 60 per cent of the total resources of all banks,
exclusive of Federal reserve banks. The increase in total resources
in the year was $2,803,788,000, although the number of reporting
banks was reduced by 203.
Loans and discounts amounted to $18,411,775,000 and were
greater than a year ago by $1,975,784,000. Overdrafts of §47,552,000
show a reduction of $17,850,000.
Investments in bonds and securities amounted to $8,602,844,000,
compared with $7,084,242,000 a year ago. The value of banking
houses, furniture, and fixtures was increased in the year from
$625,740,000 to $682,774,000, and other real estate owned was increased $34,912,000, or to $168,986,000.
Balances due from banks and bankers amounted to $2,851,829,000,
an increase of $186,884,000; checks and other cash items amounting
to $569,881,000, including exchanges for clearing house, show a
reduction of $109,309,000; and cash on hand to the amount of
$505,993,000 was less than a year ago by $2,282,000. Other miscellaneous assets amounted to $681,511,000, an increase of $55,449,000.
Capital stock of $1,723,476,000, surplus funds of $1,728,878,000,
and undivided profits of $477,940,000 show an increase in capital
in the year of $86,742,000, surplus an increase of §80,275,000, and
undivided profits an increase of $36,531,000.
Total deposits amounted to $27,342,975,000, and show an increase
of $2,543,443,000. Of the total deposit liabilities, bank balances
amounted to $1,201,013,000, and were greater by $458,678,000 than
a year ago; certified checks and cashiers' checks of $104,923,000 show
an increase of S3,191,000; individual deposits were increased from
$23,929,952,000 to $25,990,735,000; and United States deposits
were increased in the year $20,791,000, or to $46,304,000.
Liabilities on account of paper redisconnted were $181,905,000,
compared with $155,440,000 June 30, 1922, and bills payable were
increased $2,757,000, or to $409,840,000. Other liabilities amounting
to $658,131,000 show an increase of $27,575,000.
Summary of the resources and liabilities of reporting banks other
than national June 30, 1923, follows:
REPORT OF THE CO^IPTROT/LER OF THE CURRENCY.
Ill
Summary of reports of condition of 21,937 Stale, savings, private banks, and loan and trust
companies in the United States, Alaska, and insular jjos-sessions at the close of business,
June SO, 1923.
{.In thousands of dollars.
RE SOURCES.
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
Total
Overdrafts
Investments (including premiums on bonds):
United States Government securities
State, county, and municipal bonds
Railroad bonds
Bonds of other public service corporations (including
street and interurban railway bonds)
Other bonds, stocks, warrants, etc
835, G44
292, 989
830, 920
2, 722, 837
174, 916
4, 410, 240
9,138, 223
18, 411, 775 \
47,552/
1, 510, 777
492, 639
918,102
415, 062
5. 260, 264
Total
8, 602,844
Banking house (including furniture and fixtures)
682, 774
Other real estate owned
168,986
Due from banks
1, 766, 591
Lawful reserve with Federal reserve bank or other reserve agents
1, 085, 238
Checks and other cash items
409, 624
Exchanges for clearing house
160, 257
Cash on'hand:
Gold coin
24, 077
Silver coin
16,866
Paper currency
225, 292
Nickels and cents
1, 883
Not classified
237, 875
Total
Other resources
Total resources
505,993
681, 511
32, 523,145 *'
LIABILITIES.
Capital stock paid in
1, 723,476
Surplus
1, 728, 878
Undivided profits (less expenses and taxes paid)
477, 940
Due to all banks
"....'
1. 201,013
Certified checks and cashiers' checks
104,923
Individual deposits (including dividends unpaid and postal savings):
Demand deposits—
.
Individual deposits subject to cheek
5, 863,024 J
Demand certificates of deposit.
387, 306 *
Dividends unpaid
15, 819
Time deposits—
Savings deposits, or deposits in interest or savings
department
'. 11, 621, 778
Time certificates of deposit
1, 703, 505
Postal savings deposits.
5, 657
Xot classified
6, 393, 646
Total
25, 990, 735
United States deposits (exclusive of postal savings)
46, 304
Notes and bills rediscounted.
181,905
Bills payable (including advances received from War Finance Corporation and certificates of deposit representing money borrowed)
409,840
Other liabilities
'
658,131
liabilities
Total
32, 523,145
112
REPORT OF THE COMPTROLLER OF THE CURRENCY.
The resources and liabilities of each class of reporting banks other
than national June 30, 1923, are shown in the following statement:
Resources and liabilities of 21,937 State {commercial) banks, loan and trust companies,
savings and private banks June SO, 1923.
[In thousands of dollars.]
18,043
1,643
State
loan and
(coramer- \ trust
cial)
cornbanks,
panics.
1,029
stock
savings
banks.
618
mutual
savings
banks.
604
private
banks.
21,937
total
banks.
RESOURCES.
Loans and discounts
8,723,666 5,058, 954 1,181,848 3,360,898
Overdrafts
41,120
5,146
505
Investments (including premiums on j
bonds)
2,587,002 2,423,803
370,077 3,186,872
Banking house (including furniture and
fixtures)
353,702
216,270
51,706
55,650
Other real estate owned
100,342
40,107
10,298
7,282
Due from banks
,083,349
380,250
100,486
171,209
Lawful reserve with Federal reserve bank I
or other reserve agents
| 475,700
567,783
10,446
31,064
Checks and other cash items
| 147,354
254,522
1,136
5,901
Exchanges for clearing house
•
i 129,912
23, 523
6,302
177
Cash on hand
I 314,057
123,438
39,411.
24,854
Other resources
I 200,652 399, 403
71,744
7,582
!
Total resources
14,162,862 j9,499,259 ' 1,790,6«3 0,904, 825
86,409 18,411,775
781
47,552
35,090
8,602,844
5,446
4,957
25,297
682,774
168,986
1,766,591
239
711
283
1,085,238
409,024
160,257
505,993
681,511
4, 233
2,070
165,516 |32,523,115
Ll.VniLITIKS.
Capital stock paid in
i. 0-11 .413
9,512 1,723,476
591, 431 i 81, 120
Surplus
571 461
4 i,362
496,513 12,894 1,728,873
606,648 •
Undivided profits (less expenses and taxes
paid) ".
217,377
183,346
17,325
107,973
1,919
477,940
Due to all banks
744,674
8. 454
317
1,751 : 1,201,013
Certified checks and cashiers' checks
1,982
35
27,088
239
104,923
Individual deposits (including dividends
i
unpaid and postal savings).
11..130,112 ;•>, 831,018 1,009,358 ), 288, 551
131,066 {lb, 990,735
United States deposits (exclusive of postal
savings)
16,
24,919
4,058
46,304
31
130,
Notes and bills rediseounted
181,905
8,959
1,270
41,233
Bills payable (including advances received
from War Finance Corporation and certificates of deposit representing money
borrowed)—.'
409,840
128,515
269 2,932
8,380
204,
Other liabilities
370,387
9,085
658,131
11,167 3,302
Total liabilities
! 14,162, SG2 9,499.259 1,790,683 6,904,825 j 105,516 32,523,145
PRINCIPAL ITEMS OF RESOURCES AND LIABILITIES OF ALL REPORTING BANKS OTHER THAN NATIONAL ON OR ABOUT JUNE 3 0 ,
1918-1923.
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 (commercial), savings, private banks, and loan and trust
companies.
[In thousands of dollars.]
Items.
Loans i
,
i 12,420,598 i
Bonds
i 5,784,381 i
Cash
i
513,869
!
Capital
1,253,032
Surplus and undivided profits. j 1,509,328
Deposits (individual)
I 17,719.043
Resources
j 22,371; 497
1
Including
overdrafts.
1919
14,061,698
7,177,605
572,898
1,318.762
1,653; 410
20,774,154
26,380,529
1920
1921
17,263,796 16,761,088
7,201,060
7.356,842
626,027
572,218
1,478,473 1,630,081
1,853, 435 1,930,364
23,609,798 22,438,941
29,067,855 29,153,528
1922
16,501,393
7,984,242
503,711
1,636,734
2,090,012
23,929,952
29,719,357
1923
18,459,327
8,602,844
505,993
1,723,476
2,206,818
25,990,735
32,523,145
REPORT OF THE COMPTROLLER OF THE CURRENCY.
113
RESOURCES AND LIABILITIES OF ALL REPORTING BANKS IN
EACH STATE, ALASKA, AND INSULAR POSSESSIONS.
The aggregate resources of all reporting banks in the United States,
Alaska, and insular possessions June 30. 1923, including national
banks, banks under State supervision, and private banks not under
State supervision, aggregated 85-1,034,911,000, exceeding by $3,609,544,000 the amount Juno 30, 1922. Although the number of reporting banks, 30,178, shows a reduction of 211 in the pust year and a
reduction of 634 since June 30, 1921, the aggregate resources were
materially in excess of any amount previously reported.
The total loans and discounts were 830,416,577,000 and show an
increase in the year of $2,556,134,000. Overdrafts amounted to
857,982,000 and "show a reduction of 816,618,000.
The investments of these banks in bonds and securities amounted
to §13,672,547,000, compared with 312,547,567,000 a year ago. The
value of banking houses was increased from §1,078,174,000 to
81,176,008,000, and other real estate owned shows an increase of
357,662,000 and amounted to 8256,119,000.
Balances due from other banks and bankers, including lawful
reserve with. Federal reserve banks, of national banks of 51,142,736,000 and member State banks of 8728,279.000, ajrsjrejrated 85,597,150,000 and show an increase in the year of 8182,909,000. Checks
and other cash items amounting to 8709,742,000 show a reduction
of 897,770,000; exchanges for clearing house of 8486,333,000 show a
reduction of 8280,763,000, and cash on hand declined from $829,892,000 to §797,101,000. Other miscellaneous assets were increased
from §847,385,000 to §865,262,000.
Paid-in capital was $108,417,000 greater than on June 30, 1922,
and. amounted to $3,052,367.000. Surplus funds were increased from
82,697,409,000 to $2,799,494,000, and undivided profits show an
increase of $20,302,000 and amounted to 8954,145,000,
Of the total deposits, amounting to 844,240,955,000, bank deposits
of 83,610,211,000 si low fin increase of 8365,825.000; certified checks
and cashier's checks show a reduction from 8552,505,000 to
8358,110,000; individual deposits were increased $2,839,877,000, or
to 840,034,195,000, and United States deposits were increased from
$128,887,000 to $238,439,000.
Liabilities for money borrowed on. account of notes and bills rediscounied and bills payable were not increased during the past year
incident to the increase in volume of loans and discmints and corresponding increase in individual deposits, thereby indicating that our
banking system as a whole is abundantly able to meet the demands
of commercial activities without resorting to unnecessary borrowing.
Notes and bills rediscounied, amounting to 8534,706,000, show an
increase in the year of only 898,995,000 and hills payable of
8780.761,000, an increase of 8145,197,000.
Liabilities other than those referred to were 819,436,000 greater
than on June 30, 1922, and amounted to 8952,482,000.
The resources and liabilities of all reporting banks in each State,
with the number of banks, population, and recapitulation with
respect to each class of banks, are shown in the statement following:
Assets and liabilities of all reporting banlcs in the United States, Alaska, and insular possessions, June, 1923.
[Includes national, State (commercial) banks, loan and trust companies, savings, and private banks.]
Resources (in thousands of dollars).
States and Territories, etc.
[.'opulalion Num(approxi- ber of
mate).
banks.
Maine
Now Hampshire.
Vermont
Massachusetts
Rhode Island
Connecticut
Total New
states
774,000
449.000
354.000
4,070,000
030,000
1.487,000
Kngland
7,764,000
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
i 11,170,000
3. 597,000
9. 106,000
'227,000
1,550,000
' 455.000
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
20,305,000
2 r 390,000
1.525,000
2,725,000
1,775,000
2,985,000
1,040,000
2,405,000
1,790,000
1.855.000
. 4,905,000
I 1,825,000
\
j
j
!
!
i
'
•
153 ••
125 j
.10(1 i
•152 |
223 !
Loans
and discounts.*
155.157
112,8(.5
139; 2;.s
2,140,621
206,301
460,328
1 ,K),~> I 3,214,530
], 096
45S
1,636
59
248
49
7, 110,156
m, 050
2,420.905
51.357
Overdrafts.
Investments.
Banking
house,
furniture,
and fixLures.
1,541
491
425,009
293,596
316,425
.192,072
323,220
160,840
182,080
140,042
294,859
666,322
163,169
H
! Ex- !
i changes p
;
for j
j clearing '
! house. !
01 her re- Aggregate
sources.
h-i
l,0J0
309
4,399
23,188
2,703
100,887
759
349
362
10,681.
201
1,769
1,894,914
854
353 i
500 ;
\
!
I
1
!
I
C
H
4,488
3,006
2,162
47,158
5,223
18,363
80? 400
14,121
193,099
139,237 ! 24,257 j 20,725 I 63,658 j 138,496 j 5,784,291
180,098
40,073
138,192
3,408
15,289
18,066
7,151
5,635
34,078
807
3.124
2.033
378,789
71,560
265,916
2.809
34'. 403
11545
n
789,594 i 340.29.1 : 300,120
52,359 • 6,514 ; (>, 371
249,703 i 20,308 ' 53,470
209.371
123,508 j
55,9(36 j
989,211
201,307
315,551
2,047
172
764
25
.179
77
563
928
463
113
197
1,253
889
2,381
490
O
Checks
and
other
cash
items.
3,797,476
674,363
122
36
109
353
29
205
1,937,972
43,672
270,219
370,022
59,595
138,501
3,546 I 10,961,801 j 3,264 i 0,783,327 !
516
347
617
429
680
289
360
356
266
other
real
Due from,
esiate
banks.
owned.
Lawful
reserve
with
Federal
reserve
bank
or other
reserve
agents.
80,791
69,018'j
36,912 '
29,910
37,872
58,465
40, S59
38,8.1.3
56.160
140i 207
26,902
395,126 I 52,828
17,210
14,054
14.960
7,840
14,737
9,350
7,537
4,355
21,171
38,157
6,875
3,019
1,946
2,516
3,308
5,255
1,119
2,974
1,478
3,485
14,926
2,962
13,599
7,877
8,637
111.680
22; 6(U
28,645
4.571
384 •
425
4.639 I
594
105 I 2.248
2,724 :
^904
2.006 "
i
559 !
115,265 i 18,239 ! 16,745 26,889
3,315 I
7,756
354 ! 2,050
11,228 I 4,086 i 1.441 20,290
394,525
253,621
215,422
3,500,030
451.900
9(58,793
1
P
121,795 i 366,774 13.394,293
24,387
11.638 1,758.022
79,647 I 36,125 5.243,080
933
1,343 !
5)352 i
196 j 4.62
'110,364
3,906
35,020 i 2,654 '- 11,005 7,7.18
753,569
978
4,435
7.210 ! 2,125 ' 3.273
250,838
K
768,022 I 1,139,238 i 372,090 • 374,701 j 239,325 | 420,354 | 21,510,166
G
44.066
40)ol2
49,192
26,708
25,163
43.923
28)713
31,748
45,445
121,835
15,210
w
w
14.672 8)243 i
6,639
4,316
35,358
7,195
.11,451
2,749
13,859
39,270
27,857 1
3,913 I
1.110
4,451
1,385
1,542
2,164
2,425
411
3,212
4,782
1,809
2,467
2,057
428
1,434
4,595
825
1,408
695
6,681
4,753
207
8,540
7,967
7,369
3)170
6,503
6/176
6,526
3,522
7,082
19,833
4,040
5.579
2,139
3,349
2.917
5,074
1,666
2,012
2,708
4,850
34,517
1,153
606,219
441,142
442,810
273,988
459,782
291,830
286,182
227,774
457,693
1.066,983
251,274
a
KJ
2,474,000 I
2,387,000 !
Kentucky
Tcnnesstv
014 ;
509 !
329,033 :
304,121 I
800 I
747 j
Total Southern S l a t e s . . . . | 30,081,000 | 7,075 j 3,790,788 j 9,737 I
Ohio..
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle
States
0,005, 000 j 1..M0 • 3,578,830
1,013 i
3,030,000
1,110 •
589,999
900 i
0,790,000
J.917
2,2H>>otl(»
3,935,000
744 :
010,740 ! 2,223 •
2,820,000
1,000 •
585,075 I
82(5 ;
2,520,000
094.079 ! 3.532 •
:i',503 :
2,475.000
847,423 ! 1.637
1,745 ;
3', 420^ 000
878,388 I 1.954 ,
1,027 .
Western
Norih Dakota
South Dakota
Nebraska
Kansas...,
Montana
Wyoming
Colorado
New Mexico
(ndahoma
Total Western Slate:Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific
Alaska
Hawaii
Porto Rico
Philippines
1
;
'
•
•
:
'
671,000
658,000
1,325,000
1,820,000
Oil), 000
209.000
981 \ 000
371,000
2,102,000
j
831 i
|
687 •
I 1,120 :
! !. 331 :
|
303 '
I
131
|
307
i
.101
j
901
346 j
841 I
1,4.04 •
1.O7U .
164,473 I
212.172 ;
375,054 '
353,439
119,178
60,940
194.194
44^051 |
281.728 |
152 '
340 :
8!)
797 '
777,003:
180,065 j 47,222]
04,401 ;
31,250 •.
73,058 i
44,(565
24,588 .
24,225 •
503, 793
191.410
762', 289
008,124
108,700
224,083
120,000
230, Oil!
1.442.000 !
'825,000 I
3,790,000 I
464,000 j
1
478,000 I
78.000 ;
379.000 1
391
277
099
182
119
7.456,000 j 1,7
IK), 000
270; 000
1,322,000
30,750,000 i
:
49,998 |
60,705 :
245.195
.105:854 I
1,818.492 i
00', 070 !
93.009 I
24'. 468 I
48,701
2,450,449
4.013
37', 275
27,157
80,939
149.384
251
275 •
1.701 i
'147
2S7
117
2,868;
!
•
.
77,851 ! 1,175,237
321,581
958 ;
978 1
123 !
290
188
272 :
500
09 i
548
0,773 .
32,133 ;
71,818
7.1.857
20; 475
11,460
20.383
4; 598
73,180
7,833
8,230
7', 601
5.419
4,337
'777
2, 020
957
4.049
133
21.694
:
23,457 '
77,960 i 41,295 \
106,890 i
70,500 .
638.733
.14.475 :
24;012
5.822 i
12,041
15,147
7.611 !
82! 428 :
3; 343
4,520 !
1.120 ;
2'. 991 :
2,953 .
15,040 !
5,2.18
5,71L
28,922
123, 700.000 ; 30,178 I 30,416,577 I 57, 9S2 i 13,672,547
3,600
2,288
9.535
2.154
2;099
'204
509
j
!
!
i
!
!
!
117,100 j 21,0-19 j
28S i
1,005
702
1,151
3.206 !
1,170,098
:
1813 j
70i> i
297 !
507 •
1,753 i
318,677 .
29,800 j 99.358! 01,111!
1,524 I
7,036 j
5,295 !
10:317 !
24,772
329 i
292]
312 !
409 i
902 !
939 :
127 ;
003 :
10,279 .
7,580
14.KJ4 '
7,354 !
4,509 !
40,030
3,030
73, 421
1.4,871
0, 283
9.847 •
6.559
4,2m ! 4.351
11,149 ' 8.650
•
495,808
11,473
3,602 .
12,280
11,387 .
3,315
2,823 .
25, S04v !
1,662 .
2i; 390 '
93,802
165,427;
17,000
51,518
17,018
23,115
2,400
17.242
4'. 478
20;090
527,960
482,254
5,815,897
2.598,045
1,017,803
3,S01,045
3,578,001
921,328
1,141,024
1,179,041
1,493.417
'
09,204
:
103,807
803 ,
013
2.439 .
3,167 >
957
590 =
.
3,228 :
4.17 :
2,0.15 !
250
1.133
3.003
1.432
:
241.343 . 157,133 | 13,730,904
i
!
I
I
2,708 ;
13! 043 I
11,340 i
' IS5 I 4,343
311 j 2.010
2,298 I 8, 897
1,127
139
2,678 ! 7,819
1,514 I
7,300
7,088
2,300
1,235
728
i, 1S3
092
1.144
14,835 j 11,435 j 55,435 | 23,850
30,421 ,
32,039
1.897 i 4.100
31,214
12,408
l'.288 i 3', 058
197,702 ! 11.0,089; 27,504 ! 34,604
9,051 !
3,231 i
379 i
356
16,112 !
4,985 ,
501 ! 3,535
5 . 151
'
755 i
91
108 i
9;842 !
1,320 ;
228
211 I
299,553
9,70S ' 3,397 '
8,322 ! 11,750 :
3,305 j 2,141 i
O,S86 i 2,109 I
194,402 j 35.395;
574
93, 505
81,927
17.495
:
108,813
: 427, (iSi
40,OIL'
128,235
i
3 5 501
1
73,409
1
96, 620
29,48S
i
111. 3 4 4 '•• 25,202
28,245 ! 14,308 1
200; 335
7,459 1
31.239
30,489
19,357
13,859
40'. 263
58,070
20.888
7,461
85,525
5,700
71,820
$73,100 !
589, S!0
12,503 I
10,290
108.
21.797
4,0*0
9.075
4,653
3.003
12,810
334,943 !
; 8,807,000 | 5.847
Includes acceptances and rediscounts,
10.145 j 1,358
14,208 j 2; 870
1
i
:
31,055,000 : 10,762 ; 8,037,100 j 12,108 ; 2,979,672 ;
Toi al Alaska and J n s u l u r '
possession12.432,000
Total CniicdStat.es
107,514 !
54,180 l
9.141
7,479
.50,850
2,380
1,085
1,459
5,001
3.605
3,355
35), 742
' 583
1,117
204
130
32,07.1 j 44,032 | 77,995 j 48,802
09
2-»8
S19
417
1.633 I
j
904
1. 131 I 3,808
'917
4'.5S9
39
10,086
2,090
256,119 | 3,369. J70 ; 2,227,974 i 549,485 ! 040,590
i
40
i 3.010
! 1,095
i 11.359
222,494
292,141
555.42G
535,777
187,646
89,53iV
357, 444
62,123
481,774
2,784,361
4o2~40R
305,390
3,012,103
96,709
151,212
39, 559
81,133
4,138,572
10.009
71,579
46,252
142.880
15,510
270,720
797,101 j 805,202
54,034,911
19,9
Assets and liabilities of all reporting banks in the Uniled_States, Alaska, and insular possessionsy June, 1923—'Continued.
RECAPITULATION.
Resources (in thousands of dollars).
Population Num(approxi- ber of
mate).
banks.
Loans
and discounts.
overdrafts.
Investments.
Banking
house,
furniture,
and fixtures.
Other
Due from
real
banks.
estale
owned.
I
National banks
.State (comrnorcial) banks
Mutual .savings
Stock savings
Trust companies
Private banks
Grand total.
8,241.
18.0-13
til 8
!, 029
1,(543
004
430
! 12,004. 802 1 JO,
| S.723;, 600 | 41,120
: 3,300, 89S . . . .
505"
1.1SI, 848
i 5.0(18', 954 1 5, 146
78.1
! ' 80. 409
5, 009, 703
2,587,002 •
3.180,872
'370,077
2,423,803
35, 01)0 :
30,178 i 30,410,577 I 57,982 i .1.3,072,547
!
!
4P3.324
353, 702
55, 050
51,700
210, 270
5.440
87,133
108.342
7', 2H2
.10,298
40,107
4,957
1,170,098 i 250,119
!
Lawful
reserve
with
Federal
reserve
bank
or other
reserve
agents.
1,002,585 1, 142,730
1,083.349
475.706
171,209
.10,440
100,480
31', 064
330,250
507, 783
25', 297
239
3.309,170
o
ExChecks
and
changes Cash on Other re- Aggregate
otherfor
hand. sources. resources.
cash
clearing
items. house.
139,861
147,354
1.136
5,901.
254,522
711
2,227,974 I 549,485
I
486,333 291,108 i 183,751
129,912 314,057 : 200,052
177 39'. 411 i 71,744
6,302 24,854 j 7,582
3523
23,523 323,438 : 399.463
283
4.233 ! 2; 070
010,590
797,101 i 805,262
21,511,766
14,162,862
0,904,825
1,790,683
9,499,259
165,516
54,034,911
O
O
H
p
Assets and liabilities of all reporiin<j banks in the United States, Alaska, and insular possessions, June, 1923.
Liabilities (in thousands of dollars).
States and Territories, etc.
Capital
stock
paid in.
! Undivided i
• profits I
!
(less
i National
.Surplus. 1 expenses \ bank cir-
Due to all
banks.
taxes
paid).
Maine
Now Hampshire
Vermont,
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina,
South. Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana-
Individual
deposits
(including
dividends
unpaid
and
postal
savings).
105^037
15,931
30,724
15, 193
12.400
if, 240
i02,455
20,140
48,100
12,294
8,143
0,931
1.11,821
19,200
32,509
5,431
4.970
4', 141)
1.9,901
4,595
12,511
3,471
3,010
1.8.10
118,240
3,849 i
10,914 .
1,095
584
491
.11,023
918
4,713
180,140 j
209,072
.190,994
51,024
141,300
18,824 i 4,720,927
••83,340
79, 190
'2'J3,01G j
8,307 j
22^0G5 j
901,024
83,397
43S, 19S
S, 307
50,539
13', 159
318,003
29,252
128,193
3,028
14,289
o,8U
" ~77~012
10,387
93,475
1.123
9,730
5,0i0
23, L52 I
295,001. :
1,423 i
34,907 j
S, L34 I
924,255 \
1,497,024
299, 179
203,337
1,789,003 I
37,004
23.253
m'. 103
13.401
29/25?
7,148
H|3S0
8,782
17,020
49, 120
13,172
8,700
7,873
o, 335
12,383
4,059
7,483
3,400
0, 2.:T»
22,405
12,400
7,018
...:
Certified
checks
and
cashiers'
ciiecks.
50,113 :
31,087 !
37,189 ;
28,790
40,001 :
21,253
25,443
17,113
31,980 i
1io,907 i
21,929
10,355
8,498 •
S,205
10,211 ,
5,844:
10,020
2,790
•. 398
*
44;370
35,000
13,292 !
22,738j
8 022 :
•
28,009 '
18,011 1
10.291 !
8^ 093
87,991
V2,030
128,700
8,708
21,807
274
1,000
1,78-4
335,471
210,591
179,283
2,800,512
381,425
807, 615
j 9,038,120
j .1,402,889
j 3,715,203
i
83,002 I
573,002 i
179,470 |
102.999 | .15,052,358 i
3,398 ;
2,124 I
4,422!
1,110 [
1,380 j
3,207 !
850 !
774 .
"
2, 109 i
U,220 j
389,770 :
333,927' =
299,023 '
189,588 •
288,770!
220,32.) :
200,883 i
175,711 j
333,2(H :
087,512 :
! Bills pay; able (in;
eluding
]
advances
received
Uniled
Stales
deposits.
Counted!" C;°rP°™gg?
Other
liabilities.
j cates of de; posit repre: senting
; money
| borrowed).
412
595
100
30,807
1,021
2,109
G,009
081
8S5
54,730
1,099
2,373
35,704 j
05,783:
|
!
!
i
|
i
37,b7o :
~
1,9GG
3,230
2.201
lo',O7O
084
8,140
32,303 j
718
1,715
523
02,097
2,330
2,899
70,888
302,004
11)582
81,933
1,480
4,700
2,058
8,089 j
35,177 |
1.082 "
0^700 !
2;190 !
3,515
15,390
271
8,04a i
1,295
154,700
31,201
124,527
747
11,692
8,017
90,800 ;
93,330
331,514
405,077
2,590 .
oos •
705 •
059
2,478 :
1,242 :
817 ',
701 '
2,020 i
7,042 I
13,001
4,1 GO
15,827
5,1.?'5
18,901
1,087
3.734
2', 455
8,272
19,00G
18,550
9,330
19,902
7,780
15,320
1,320
4,970
4,040
5,818
29,800
" 10,014
3,394
0,870
5,005
0,397
3,074
1,305
2,709
7,900
8,379
Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 192S—Continued.
00
Liabilities (in thousands of dollars).
\/
States and Territories, etc.
Capital
stock
paid in.
21,431 :
40,563 '
40,405 .
Total Middle Western States.
|
Individual
deposits i
(including i
United
dividends
States
unpaid
deposits.
and
postal
savings).
4,230
15,825
12,590
109,535 j
159,277 •
1647993
79,268 '
244,073
90,986
60,900
75,I0o
84,226 .:
114,885 i
115,515
36,638
151,818
63,252
28,490
38,166
40,010
59,727
46,753 ,
28,255 '
32,524
12,985 |
14,937 I
16,151 I
18,943 I
18,081 !
107,598
41,356 :
379,108
13,701
44,931
77,989
70,733
185,774 :
17,195
4,879
29,140
7,314
4,223
12,975
4,915
4,913
533,646 j
271,701. j
188,629 j
951,193 i
85,554
7,379
7,295
17,062
24,207
6,6S5
3', 649
13,8ti()
2,20-1
10,213
4,767
•1.101.
9; 222
10,973
3,645
2,433
6,392
2,208
11,515
•1,318
16,003
52^ 6-19
30,798
5.569
< 467
20,566
1,535
35,097
2,454
2.585
4.065
1,728
609
3.989
773
6,991
215,267 |
92,554
38,742
Other
liabilities.
i cates of de! posit repre| senting
I money
j borrowed).
445
2,417
1,207
326,151
47,660
17,126
103,226
28,012 i
16,542 I
16,000 '
17,044 !
26,091 !
9,855
26,004
22,266
Notes and
15,655
30,241 '
24,072
1
I
;
!
I
!
1,759
2,170
657
178,581
370,101
351,397
4,498
7,456
5,017
5,925 ;
10,033 !
7,152 |
1,436
12,968
13,644
22,997
4,459
10,122 !
3,847 :
18,298
19,019
41.869
45', 614
17, 750
6,234
21,966
5', 660
38,857
I
I
I
{
I
!
i
|
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Due to all
banks.
914,442 |
Total Southern States.
Total Western States
National
bank circulation.
Certified
checks
and
cashiers'
checks.
517,604
Arkansas..
Kentucky.
Tennessee.
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Surplus.
Undivided
profits
(less
expenses
and
taxes
paid).
Bills payable tineluding
advances
received
113,949
140,600 I
81,755
To7oio
3,395
11,052 I
13,723 i
3,063 '
5,637
2,910 I
0,259 !
29723b i
10,421
23,191
5,471
12,184
22,380
25,399
16,473
10,210,933 I
56,119 i
144,755 J
150,353 j
160,951
214,727
396, 882
390,112
133, 807
67,510
276,112
42, 847
352,309
109
520
796
1,777
203
157
484
228
3,694
2,968
7,486
8,672
12,515
4,62S
1,688
3,029
4,087
14,935
20,523
1.3,983
11,024
5,910
11,391
1,433
5,915
1,877
3,558
2,007,027
'724,210
2,742,026
1,272,198
719,889
855,407
888,710
1,001,400
'•
!
!
!
i
j
j
i
I
i
!
!
I
.
!
j
i
~23784O I
16,624 I
29,568
15,528
9,681
10,642 I
18,305 !
26,105 j
"28,754"
55,631
55,919
24,828
0,482
10.500
7\ 750
33,703
223,579
305
1,209
1,907
1,495
247
55
695
242
1,432
3 0 , ?.?;< ;
22,375
174,953 i
1, !5I ;
2,90.5 i
4. "7.1
:;ffi73 j
;js, 898 !
749;
1.S89 l
-51 i
1.3S0 I
!57,5S5 ;
ia] Pacific St
i
122.085 !
52,014 I
Alaska
Hawaii
Porto Bic-o..
Philippines..
250 |
2,965 j
Total Alaska and insular possessions.
Total United States
12.1<v>
1?, 131.
S»,176
3.01.3 .
.218 =
•
.221 :
, 17S :-
Oregon.
California
Idaho
Utah
Nevada
Arizonn
•
37. OfiS '•
3,052,307 |
6,597
;
2,799.491 [
294 ;
1,686 •
'540 I.
!
l
24.555
15^465
354,212
1.877
'.)', 7K7
30.479
2,990
1,190 ;
1,045 ;
21350
61,366 |
209.747
62 i
450 I
!
132 !
655 j
901
li),oGS _
S.020 ;
954.J45
4, 495
34$, 735 |
23/>; 556 i
3,496 i
18.330 j 2,367,167 |
69,089 i
1.532 I
105,047 |
339 i
31,079 ,
439 i
02.657
2, WS !
345 !
J9, 724 I
110 !
4S !
06 I
134 !
29,526 i
23,043 i
m|
°57
363 •
218 i
912
720,001 I 3,610,211 !
3,2L9;330
74;
!
8,131.
54,842 .
31,261
69.715
103.932
35S. 110
40.034; 195
1.268 i
48 :
:
1.622 I
238,439 "
fi,
?/)2 I
3,455!
41,427 I
2,686 i
735 !
245 i
1? 770 I
3,4/>0 !
2,866 i
26. 226
6;766 r
1,837
111
2,001
7, 223
3,030
43. 511
173
9.39fl
' S2
3S0
56,S20 ;
43,267
63,789
61 |
!
'
61 j
53i ? 706 j
;
299
1.S95 ,
4,886 ;
7.080 :
7SO;7Ol
2.025
3,967
• 32,915
(.1 r a n d t o t a l - ,
1.070,6! fi
571.461
496.513
•I!. 362
006,G4S
12.S01
Si.120
59 i, 131
9. 512
' 3.052.3^7
i Deficit.
:
•176, 205
217;377
iO7 973
1.7,325
i33,346
1.919
720.00! I 2,409,198
i
445,817
I
317
2.793,494-
054,145 '
720,00L ! 3.610,211'
j
;
744; 674
1,751
2
H
O
39, SO7
~952~482
W
O
o
KKCUPITULATION.
National banks
State (commercial) banks
Mutual savings banks
Stocks st? vin^rs banks
Trust companies
Private banks
hi
o
253. |S7
75,579
35
1,982
27,088
239
!
I
I
I
I
i
14,043.460
11,130,142
fi.2S8)55J
1,609,358
6,831,018
131,656
358. 110 j 40.034.195 |
8,959
41,233
1,270
370.921
269,744
269
8,380
128,515
2,932
294.351
264,190
11.167
9,085
370,387
3,302
534.706
780.761
952,482
J 92,135
16', 696
352.SOL
130,143 j
4,658
24,919
31
23^,439
H
Includes bank notes in circulation.
o
120
REPORT OF THE COMPTROLLER OF THE CURRENCY.
STJMMAEY OF THE COMBUSTED RETTJK3! S FSOM AIL REPORTING
BANKS IN THE UNITED STATES, ALASKA, AND INSULAR
POSSESSIONS JUNE 30, 1923.
The resources and liabilities of all reporting banks in the United
States and island possessions June 30, 1923, are shown in the statement following, with classifications of loans and discounts, investments, cash, and deposits:
Summary of reports of condition of 30,178 reporting banks in the United States, Alaska,
and insular possessions at the close of business June 30, 1923.
[In thousands of dollars.]
itKSOURCES.
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
2, 574, 937
1,026, 525
3, 461, 51G
8, 899, 580
421, 540
4, 032, 353
9, 400,126
Total
30, 416, 577
Overdrafts
57, 982
Investments (including premiums on bonds);
United States Government securiti.es.
4. 210, 623
State, county, and municipal bonds
894, 455
Railroad bonds
1, 421, 450
Bonds of other public service corporations (including
street and interarban railway bonds)
752, 355
Other bonds, stocks, warrants, etc
8, 393, 664
Total
Banking house (including furniture and
fixtures)
Other real estate owned
Due from banks
Lawful reserve with Federal reserve bank or mlier reserve agents
Checks and other cash items
Exchanges for clearing house
Cash on hand:
Gold coin 1
Silver coin
Paper currency 2
Nickels and cents
Not classified
13, 672, 547
1,176, 098
256,119
3, 369,176
2, 227, 974
549, 485
646, 590
43, 888
16, 866
464, 025
31, 447
237, 875
Total
797,101
Other resources
865, 262
Total resources
54, 034,911
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
1
National bank figures include nickles and cents.
a National bank figures include gold certificates and clearing-house certificates.
3, 052, 367
2,799,494
954,145
720,001
3, 610, 211
358.110
121
REPORT OF THE CCCtfPTHOUJGR OF THE CURRENCY.
Individual deposits:
DemaiJ d d oposits—
Individual deposits subject, to check
14, 248. 370
Demand certificates of deposit
651,445
Dividends unpaid
50, 546
Time deposits—
Savings deposits, or deposits in interest or savings
department
15,129, 288
Time certificates of deposit
2, 838, 879
Postal savings deposits
50, 309
Deposits not classified
7,065, 558
Total
,
40,034,195
United States deposits (exclusive of postal savings),
'238, 439
Notes and bills rediscounted
534, 706
Bills payable (including advances received, from War Finance Corporation and certificates of deposit representing money borrowed)
780, 761
Other liabilities
952,482
Total liabilities
54,034, 911
INDIVIDUAL DEPOSITS IN ALL HEPOBTING BANKS.
Individual deposits in all reporting banks, consisting of demand
and time and postal savings deposits, show an increase since June
30, 1922, of $2,830,877,000, and amounted June 30, 1923, to $40,034,195,000. Individual deposits subject to check amounting to $14,248,370,000 June 30, 1923, show a reduction in the year of §85,752,000;
demand certificates of $651,445,000, ^ an increase of $51,188,000;
while deposits reported as savings, to the amount of $15,129,288,000,
show an increase of $1,891,881,000. All other individual deposits
show increases. The increase in time certificates of deposit was
$505,926,000; in postal savings, $6,641,000: and deposits not classified an increase of §470,295,000.
Classification of these deposits in each class of banks June 30,
1923, follows:
Individual deposits in each class of bonks June 30, 1923.
[In thousands of dollars.]
Demand
certificates
without of denotice. posit.
Individual
Num- deposits
ber ol subject
banks to cheek
Dividends
unpaid.
Time
certificates of
deposit.
Savings
deposits.
I.
I
Postal
savings
deposits.
Deposits
not
classified
Total.
State banks
18, 043 3, 500,288 243, 622 9,514 2, 162,929' 1,390,6oo' 2,550 3, oil, 584 11, 130,142
,
68,2*0 1,609,358
1,029
321 1,298,249j 130,634
211
Stock savings banks
117,3881 4,815
67 6,288,551
6,282,157
Mutual savings banks
618
5.376
414
461
76
Loan and trust companies., 1, 613 2, 210, MfjIllC), 177 "o't717 1,563 09C 153,196 2,820 2,779,502 6,831,018
Private banks
604
19,559 . . . . . .
*, 253 131,666
15, &>3|
29,456 22,778
267
Total
21,937 5,863, 024 387, 306 15,819 11,621, 778:1, 703, 505 5, 657 6,393,646 25,990,735
8,211! 8,385,316 264, 139134,727 1 3, 507, 510:1,135,174 J44,652 671,91214,013,460
National banks
Grand total
30,178 M , 218, 370651, 4 J5j50, 546 15,129, 2882,838,. 679 50,309 7, 065, 40,034,195
558
1
_L
lleportc-d as other time deposits.
122
REPORT OF THE COMPTROLLER OF THE CURRENCY.
RESOURCES AND LIABILITIES OF ALL REPORTING BANKS,
1918-1923.
The principal items of resources and liabilities of all banks, other
than Federal reserve banks, for the six years 1918 to 1923 are shown
in the following statement:
[In thousands of dollars.]
1918 (28,880 11919 (29,123 1920 (30,139 j 1921 (30,812 1922 (30,389 ! 1923 (30,178
banks).
banks).
banks). ! banks), i banks).
banks).
Classification.
RESOURCES.
Loans and discounts (includ22, 514.602 25,255,171 31,208,142
ing rediscounts) l
Overdrafts
6<);335
94,293
109,186
Bonds, stocks, and other
securities
), 741,653 12,229,528 11,3S7,525
Due from 2 other banks and
\, 136,601 5,865,414 5,833,241
bankers
909,183
Heal estate, furniture, etc.3....
936,707
1,000,976
683,078
Checks and other cash items 4 ..
1,420,809 1,457.778
896,571
1,076,378
Cash on hand
997,353
784,413
Other resources
816,172 1,005,882
Total.
40,726,439
Capital stock paid in
Surplus fund
Other undivided profits
Circulation (national banks)...
Certified checks and cashier;'
checks
Individual deposits
United States deposits
Due to other banks and j
bankers
!
!
Other liabilities •
Tottfl
47,615,447
2,351,588
2,034,764
684,260
681,631
28,932,011 I 27,S60,443
81,849
74,600
30,416,577
57,982
11,381,923
12,547,567
13,672,547
4.794,205
i;147,521
1,290,667
946,567
1,096,647
5,414,241
1,276,631
1,574,608
829,892
847,385
5,597,150
1,432,217
1,196,075
797,101
865,262
2,437,365
2,181,994
825,889
677,162
53,079,108 j 49,671,390 | 50,425,367 54,034,911
2,702,639
2,903,961
2,943,950
2,410,346
2,542,032
2,697,409
910,713
933,843
976,261
704,147
,25,748
688,178
207,907
546.345 | 514,862
614,533
552,505
27,748,471 32,665,286 I 37.315,123 34,844,572 37,194,318
1,037,787
566,793 | '175,788
390,230 ! 128,887
358,110
40,034,195
238,439
2.809,414 | 3,244,386
3,951,708 » 2)004,321
3,610,211
2,267,949
49,671,390 | 50,425,367
54,034,911
3,595,062
2,381,9G9
3,890,487 ! 3,708,302
3,824,126 ! 4,587,609
' 40,72G,439 ! 47,615,447 | 53,079,108
3,052,367
2,799,494
954,145
720,001
1
s
Includes acceptances reported by national banks.
Includes lawful reserve with Federal reserve bank.
'Includes real estate owned other than banking house.
<Includes exchanges for clearing house.
1
Includes bills payable and rediscounts.
ASSETS AND LIABILITIES OF ALL BANKS INCLUDING FEDERAL
EESEEVE BANKS.
The total resources of 30,190 reporting banks, including the 12
Federal reserve banks, aggregated $59,072,413,000, June 30, 1923,
and although the reduction in the number of banks in the year was
211, aggregate assets show an increase of $3,742,198,000.
Loans and discounts show an increase in the year of $2,912,161,000;
investments, an increase of $703,404,000; and cash on hand, an increase of $93,352,000.
Capital stock was increased from $3,049,028,000, June 30, 1922, to
$3,161,794,000 June 30, 1923; surplus funds show an increase of
$105,056,000 and undivided profits, an increase of $18,021,000.
Total deposits, including bank deposits of $6,003,026,000. certified
checks and cashiers' checks of $358,110,000, individual deposits of
$40,059,192,000, and United States deposits of $282,391,000, aggregated $46,702,719,000 June 30, 1923, showing'an increase in the year
of $3,213,033,000.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
123
Statement showing separately, resources and liabilities of all
reporting banks, including national, State (commercial), savings
and private banks and loan and trust companies and the twelve
Federal reserve banks, follows:
Statement
of resources and liabilities of 30,WO reporting
reserve banks, June, 1923.
banks, including
Federal
|In thousands of dollars.]
30,178 report-; 12 Federal
ing banks, reserve banks, Total 30,190
June 30,1923. j June 27,1923.
banks.
RESOURCES.
Loans and discounts, including rediscounts
Overdrafts
investments
Banking house (including furniture and fixtures)
Other real estate owned
Inie. 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
979,188
2,227,974: ..
.
549,485 .
646,590 !.
.
797,101 i
3,274,509
865,202 !
12,587
2,227,974
549,485
646,590
4,071,610
877,849
51,034,911
Total resources
2 583,917
31,395,765
57,982
13,807,578
1,228,368
256,119
3,953,093
5.037,502
59,072,413
3,052.367
2.799; 494
'954.145
720; 001
109,427
218,369
3,161,794
3,017,863
954,145
720,001
2,228,502
0,003,02ft
358,110
40,059,192
282,391
534,706
130,4 lft, 577
57,982 .
13.072,547
1,176,098
25G,119!.
3,309,176 !
135,031
52,270
LIABILITIES.
Capital stock paid in
Surplus
Undivided profits (less expenses and tuxes -paid)
.National bank circulation
Federal reser vc note circulation
Due to all banks
Certified checks and cashiers' checks
Individual deposits
United States deposits (exclusive of postal savings)
Notes and bills rediscounted
Bills payable (including all obligations representing money
borrowed)
Other liabilities
2.228,502
3 2,392,815
24,997
43,952
780,7fil
952, -182
19,410
780,761
971,922
54,034,911
Total liabilities
1
2
8
3,610,211
35S,110
40,034,195
238,439
534, 706
5,037,502
59,072,413
Includes acceptances of national banks.
UncoiloctiKi items.
Due 10 members, reserve account, and deferred availability items.
CASH IH ALL EEFORTING BANKS.
On June 30, 1923, the cash holdings of all reporting banks, including
the 12 Federal reserve banks, amounted to 84,071,610,000, and was
$93,352,000 in excess of the amount June 30, 1922. Of the total cash
held by all banks June 30, 1923, $3,110,744,000, or 77.78 per cent,
represented gold and gold certificates held by the Federal Reserve
Board, in the gold settlement fund, and by Federal reserve banks
and agents, exclusive of $91,735,000 reserves other than gold, and
$72,030,000 nonreserve cash, also held by Federal reserve banks.
124
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Classification of cash in all banks, June 30, 1923, follows:
Cash in banks June 30, 192J.
[In thousands of dollars.]
Classification.
G old coin
C old certificates .
Silvor coin
Silver certificates
Local tender note-*?
National bank notes 5
Federal reserve n otcs
Nickels and rents
Cash not classified
8,2-11
national
banks.
21,937
State, etc.,
banks.
10, SU
21,077
2 K) :>{)!
.
....
*32.oOS
23,001
< 1 972
>
52,7 Hi
]0,SOG
225 292
1 SS3
237'. S75
2vM,10S
Grand total
-J3,8SS
19 3(il
49,371
23,001
91
4
V>*> 103
Total
Cash in Federal reserve banks June 27,1923:
Gold coin nnd certificates (roserve)
Reserves other than pold
Nonreserve cash 6
Total,
30,190
banks.1
50"), 993
\>7-J!
278 038
122,103
1 8s:*
237.875
797,101
3,1.10,714
91,735
72,030
4,071,610
^ T i m b e r of banks includes 12 Federal reserve banks.
2 includes cloaring-houso certificates.
• Includes nickols and cents.
4
Includes all paper currency.
6
Includes Federal reserve bank notes.
c
* N ot shown separately prior to this dato.
•
MONEY IN THE UNITED STATES.
Of the total stock of money in the United States June 30, 1923,
amounting to $8,603,703,000, approximately 50 per cent was in gold
coin and bullion; about 30 per cent represented Federal reserve notes
and Federal reserve bank notes, and of the remainder, the largest items
were national bank notes $747,440,000 and silver $761,072,000.
Of the stock, 4.46 per cent was held in the Treasury; national and
other reporting banks held 9.03 per cent; Federal reserve banks and
agents, including amounts held in Treasury for account of these
banks and agents, 40.57 per cent; and the remainder was in general
circulation.
Since June 30, 1914, the monetary stock has increased from
$3,738,300,000 to $8,603,700,000; population, from 97,927,516 to
111,268,000; and the per capita money in circulation from $17.89 to
$35.52.
In connection with this increase in the circulating medium, it is
interesting to note the growth of our foreign trade during the period
in question. For the calendar year 1914 the excess of exports over
imports of merchandise was $1,324,348,000, for the calendar year
1922 the excess amounted to $719,031,000, and for the nine months
ended September 30, 1923, the excess was $35,613,000. The excess
of exports over imports of gold for the calendar year 1914 was
8165,228,000, and of silver the excess was $25,644,000" The tide had
turned, however, by the end of the calendar year 1922, for the excess
of imports over exports of gold for that year was $238,295,000, and
of silver $7,999,000. The amount of excess of imports over exports
of gold for the nine months ended September 30, of the present year,
was $194,644,000 and of silver $7,433,000.
REPORT OF THE COMPTROLLER OF THE CUItRENCY.
125
' Statements witli respect to the stock of money in the United States,
character of the circulating medium, and imports and exports of
merchandise, gold and silver, prepared from information furnished
by the Division of Loans and Currency, Treasury Department, and
Bureau of Foreign and Domestic Commerce, Department of Commerce, follow:
Stock of money in the United Slates, in the Treasury, in reporting bunls, Federal reserve
banks and in general circulation years ended June 30, 1914 to 19.23.
Coin and oilier f Coin and ol her
I Coin and money in Treasother
ury as assets.1
Year ending i money
June 30. i in the
United
States.
Per Amount. For
\ mount.
cent.
cent.
1014 . . . .
1915
1916
1917
1918
1919
1920
1921
1922.
1923
Millions. Jfillion-s.
336. 3
3, 738. 3
345. 4
3,9S9. 4
298. 2
4,4S2.9
268. 4
r>; 408. 0
300.3
6, 741. 0
584. 2
7,518.8
4S9. 7
7,894.5
461. 2
8.096.0
S 177 -j
8,603.7
Millions.
1,630.0 43. 60
1,447.9 36. 29
1^472.2 32. 84
1,487.3 27. 50
882. 7 13.10
981.3 13. 05
1,047.3 13. 27
926. 3 11.44
814.0
9. 95
777.1
9. 03
9.00
8. 66
6. (55
4. 96
5. 34
7.77
fi. 20
5, 70
402. 5
4. 92
3S3. 5 j 4. 46
.Meld by or
f
F d l
and agents. 3
Amount.
Per Amount. Per
cent.
cent.
Millions.
386. 2
592. 7
1, 280. 9
2, 018.4
2, .167. 3
2. 021. 3
2, 79.1. 2
:*'. •101. 0
•190. 8
! In general circulation, cx: elusive of amounts held
by reporting banks and
; Federal reserve banks.
'9*68
13. 22
23. 60
29. 94
28. 83
25. iJO
34. 52
-11.59
•10. 57
Millions.
1,772.0
1,809. 9
2,119.8
2; 371. 4
3', 479. ft
3,780. 0
-1.336.2
3/J!3. 3
'1.560.0
47.40
45.37
47. 29
43. 85
51.62
50.35
54. 93
48, 34
43. 54
:>,, 0.V_>. 3
•Jo. 9 1
Per
capita.
SI 7. 80
17.97
20.09
22.77
32. > 7
1
35.67
40.47
36. 21
32. 44
35. 52
i
1
Public money in national-bank depositories to the credit: of the Treasurer of the I'niicd States not
included.
2
Includes national banks and all reporting State banks vain exception of banks in island possessions.
3
Includes gold reserve held by banks agaiiisl: 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
bunks,
NOTE.—Population estimated at 105,869,000 in 1918, 106,136,000 in 1919, 107.155,000 in 1920, 10S.OS7.000 in
1921, 109,743,000 in 1922, and 111,268,000 in 1923.
'
' .
United States tirculation statement, July 1, 192S.
Money held in the Treasury.
Kind of moticv.
Cold coin and bullion
< xold certificates
=
Standard silver dollars
Silver certificates
Treasury notes of 1890
Subsidiary silver
United States notes
Federal reserve notes
Federal reserve bank notes...
National bank notes
Total July 1,1923.
Comparative totals:
Juno 1,1923
.hUy 1,1922
Nov. 1,1920
Apr. 1,1917
July 1,1914
Jan. 1,1879
Stock of
money in the
United States.
Total.
to
Money outside of the Treasury.
!
Amount
held in trust
against gold
and silver
certificates
(and Treasury notes of
"1890).
Total.
Held by Federal reserve
banks and
agents.
Amount.
8,536,623,059
8.177,477,105
8,326,338,267
5,312,109.272
3,738,2SS; 871
1,007,084,483j
» 3,799,546,257
3 3,511,962,691
2,406,801,772
s 2,942,998,527
3 1,843,452,323
3 212,420,402;
3
11,587,153
' 992,174.
2,103,153,
459,434!
14,451,963
$685, 813,803: $281,632,800 $404,181,003!
737, 014,159
386,456,089;
350, 558,070
66, 337,697
57,261,801:
9, 075,896|
411, 692,423
364,257,981!
47, 434,442
1,000!
l,460,383|
1, 461,383
10, 291,442: 247,307,489;
257, 598,931
42, 939,391; 302,749,451'
345, 688,842
440, 140,001 2,234,659,226:
2,674, 799,227
654,363.
19,969,20321, 623,566
911,866; 711,075,890
732, 987.756
5,935,017,787 1,205,639,271 j 4,729,378,516'
$737,014.159 3152,979,026 $2,285,169,640 $188,577,114'
!
413,153,806
'
• 12,395,266
.1,132,733,214
1,000,577,605
696,854,226
2.684,800,085
1,507.178,879
21,602,640
152,979,020 2,284,664,940 229,169,071 5,SG9,810,616 1,163,887,217 4,705,923,399:
152,979,02(1 2,108,886,91.1 249,519,149 5,666,092,019 1,292,076,982 4,374,015,0371
152,979,026 1,206,341,990 350,626,530 6,616,390,721
987,962,989 5,628,427,732;
105,219,416 5,053,910,830
152,979,020
953,320,126 4,100,590,704
•j, u.*..», »LV, oov
y<jij, o£.\>} ±^u *±, AUIJ, 'Jv\jf 4\r±\
186,273,4441 3,402,015,427
150,000,000}
j 3,402,015,427
90,817,762
100,000,000!
816,266,7211
! 816,266,721 \
$3.63 .
3.47.
.52!.
3.28;.
.0l!.
2.22!.
2.72:.
20.08 .
.18 .
6.39;.
H
H
O
42.50: 111,268,000
42.34
39.86
52.36
39. >y±
ov. 54
34.35
10.92
111,150,000
109,743,000
107,491,000
103,716,000
99,027,000
4S, 231,000
1
2
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.
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 Stales" 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
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.
o
O
', 965 152,979,026; 2,285,169,646 * 230,566,257
•S4,049, 553, 748 S3,3G3,739.9452 737, 014,159
491, 880,769
425,-549,072:
2
4 1 i , 692,423
4G1,383
, 186,084
11,587,153
269, 081,01 (i
992, .174'
346, 902,380
2,103,15:}!
2,676, 083,000
459.434"
22, 439,719
14,451.963'
747,
. Population
• of continental
United
States
i (estiPer ! mated).
capita.
In circulation.
O
REPORT OF THE
Imports
COMl'XliOT.TJVR
O1-' THE
127
CUEEE2TCY.
and exports of merchandise, calendar years. 19.14 to 192?, inclusive.,
January 1 to September ,W, 19-28.
'•
Imports of
merchandise,
j
1914
1915" '.'..'.'.'..'..'.
1916"
1917
."
1918* "
1910
J99Q
1921
19-72"
1923 "(V months)
.
Exports of
merchandise.
!
. . : $1,789,270,001 ' $3,113,624,050
' 1.778; 590,095 i 3,554,670,8-17
i 2', 391,635,335 i 5,482,641,101
i 2,952,465.955! 6,226,255,654
j
3,031,304,721 : 6.149,241,951
13.904. 364,932 I 7', 920, 425,990
i 5,278,481,490 i 8,228.016,307
! 2.509, 147.570 i 4,485.031,356
i 3,112,746.833 j 3,831,777,469
i % 904. 196,239 ; 2,939,809, 047
!
.
Total. 9 years and 9 months
'• 29,652,215,771.
51,931,493,772
Cold find silver imports and exports in period
and
from
Excess of
exports over
imports.
$1,324,348,049
1,776,074,152
3,091,005,766
3,273,789,699
3,117,937,230
4,016,061,058
2,949,534,817
1,975,883,786
719,030,636
35,612,808
22,279,278,001
indicated.
COLD.
Imports.
Exports.
i
$57.387,741
451,954,590
085,09(>; 234
552,454; 374
02,042, 748
76,534, 046
417,088,273
691,248.297
275,169,785
220.521,965
1914
1915
1916
1917
1918
1919
1920
1921
1922
Itr23 (0 months'
$222,616,156
31,425,918 !
155,792,927 !
371.883,884 '
4i; 069, 818
368.185,248
322,091,208
23'. 891,377
30,874.894
25,878'. 034
3,490,372,053 I 1,599,709,404
Toial, 9 yenrs and 9 months
Excess of
exports over
imports.
Excess of
imports over
exports.
$105,228,415
"I
291,651,202 !.
$420,528,672
530,197,307
180,570,490
20,972,930
""*94,"977,"665
667,356,920
238,294,891
194,643,931
450,879,017 j
2,347,542,206
SILVER.
JCJH
$25,959, 187
1915"*
1916".
1017
1918
1919
19'>{)
1 &2!'.
1922
1923 (9 months)
Totnl. 9 years and 9 months
;
34.483'954
32:263, 289
63,340.477
71,375,699
89,410,018
88,000,04]
63,242, 671
70, 806, 653
54,082, 745
5S3,024,734
S5l,603,06n
53,598,884
70,595,037
84, 130, 876
252,816,464
239.021,051
113,' 610,224
51.575,399 "
62'. 807, 286 '
40,049.387
1,020, 443,008
S25.643.873
19,114,930
38,331,748
30.790,399
181)470,765
149,611,033
25,550,183
Si 1,667,272
7,999,367
7,433,358
470,518,931.
27,099,997
BANKING POWER OF THE UNITED STATES.
The banking power of the United States June 30; 1923, amounted
to 853,282.800,000 and shows an increase over the amount a year
ago of $3,107,500,000. Of the total banking power, represented by
the capital, surplus and profits, deposits, and circulation of all reporting banks, including the 12 Federal reserve banks, national banks
contributed $18,084,500,000; banks other than national, including
estimated figures for nonreporting private banks, §30,180,200,000,
and Federal reserve banks, $5,018/100,000.
The banking power of the United States June 30, 1923, was more
than five times'greater than the aggregate assets, converted at the
128
REPORT OF THE COMPTROLLER OF THE CURRENCY.
rate of exchange on that date, shown by a statement published elsewhere in this report, of 22 principal banks of issue in foreign countries.
The amount of banking power of each class of banks June 30,
1923, is shown in the following statement:
Banking j)ower of the United States June 30, 192S.
[Money columns in millions.]
Num- : Capital Surplus
ber of :
and
banks. . paid in. profits.
National banks
| 8,241
Reporting State banks, savings banks, trust companies,
and private banks
21,937
Nonroporting private banks
(estimated)
117
Total
Federal reserve banks
30,607
Total
June,
1923.
1,32*. 9 I,ol6.8
14, -188. 8
720.0 I 18.081.5
1,723.5
26,142.0
j 30,072.3
91.1
107.9
% 206.8
0. (i
I 30.595 3,059.0 j 3,703.8
i 3 12 i 109. - j 218.4
1
Grand total
Deposits. 1
National
bank
cireulaiion,
Federal
reserve
notes,
and
Federal
reserve
bank
notes.
3,168.4 j 3,982.2
40,721.9 !j 720.0 48,201.7
2,401.8 2,228. 5 5, 018.1
43,183. 7 |2,948. 5 53, 282.8
1
Includes dividends unpaid, postal savings and United States deposits, certified checks and cashiers'
cheeks outstanding, but not amounts due to other banks, except deposits of Federal reserve banks, \\hieh
aro reported gross.
2 Decrease.
»June 27, 1923.
NOTE.—Information for nonreporting private banks has been estimated by using as a basis for the calculation statements of roportingWivatc 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.
BANKS IN DISTRICT OF COLUMBIA.
The assets of banking institutions in the District of Columbia
June 30, 1923, were §288,427,000, and show an increase in the year
of $20,050,000. The combined capital of these banks was $22,095,000, compared with $21,014,000 June 30, 1922. Individual
deposits show an increase in the year of $11,769,000 and amounted
to $212,336,000.
The following statement shows the number of each class of banks
in the District of Columbia, the amount of capital, individual deposits,
and aggregate assets:
Capital.
Total
72 |
* Amount duo to banks not included.
3
Aggregate
assets.
$86,192,000
64,17-1,000
29,110,000
3,32,860,000
$128,829,000
87,068,000
34,931,000
37,589,000
22,095,000
National banks
Loan and trust companies
Savings banks
Building and loan associations.
Individual
deposits. 1
$8,027,000
11,400,000
2,668,000
Number. :
212,336,000
288,427,000
Share payments mainly.
129
REPORT OF THE COMPTROLLER OF THE CURRENCY.
EARNINGS, EXPENSES, AND DIVIDENDS OF BANKS OTHER THAN
NATIONAL IN THE DISTRICT OF COLUMBIA.
In the year ended June 30, 1923, the gross earnings of savings
hanks and trust companies in the District of Columbia were
$7,407,000, or 8713,000 in excess of the amount for the prior year.
Earning:, from interest and discount amounted to §5,851,000; exchange and collection charges, $21,000; foreign exchange profits,
$29,000; and other oamings/$l,566,000.
The largest item of expense was on account of interest on deposits,
81,79r>,000; salaries and wages amounted to §1,669,000; interest and
discount on borrowed money, 868,000: and other miscellaneous expenses, including taxes, amounted to SI,471,000.
The net earnings of these hanks, with the addition of §135,000
recovered on charged-off assets, amounted to 82,599,000, and, after
deducting losses aggregating $594,000, consisting of charges against
undivided profits on account of loans and discounts S182)000, bonds
and securities $181,000. foreign exchange 811,000, and miscellaneous
losses 8220,000. leave the net addition to profits for the year
82,005,000, out of which dividends were paid to the amount of
SI,211,000. The increase in net addition to profits in the year was
$357,000 and the increase in the amount of dividends §119,000.
The percentage of net addition to profits, to capital and surplus,
June 30, 1923, was 9.75, compared with 8.04 per cent June 30, 1922.
and the percentage of dividends to capital and surplus in 1923
was 5.89 and in 1922 was 5.33.
Comparative statement of the profit- and-Ioss accounts of these
banks lor years ended June 30, 1922, and 1923, follows:
Earning*, expenses, and dividends of savings banks and trust com panics in the District,
of Columbia.
\ i n thousands of cloiliirs.|
J u n e 30,
1922.
Capital stock
'
Total surplus fund
:
Dividends declared.
Gross earnings:
Interest; and discoiint
Exchange and collection charges
Foreign exchange profits..
Commissions and earnings from insurance premiums and the negotiation of
real estate loans
Other earnings
Total
Expenses paid:
Salaries and wipes . . .
Interest and discount on borrowed moiwv .
Intercut o'i deposits
Tavos.
. .
Other expenses
Total
. . .
VA, 937
<;, .:•<>"
i J u n o 30,
13, (>0S
1,002 j
1,211
OT>
5 8-i«
21
29
39
130
7,407
7
1
.Vil
A
»
279
1,287
!!•>?
888
1 61 >9
GS
1,795
589
882
4, 7S3
5,003
1, 971
110
2,464
135
Total
Losses charged off:
On loans and discounts
On bonds, securities, e t c . . . .
Other losses
On foreign exchange
Total
'?
OS I
2,599
135
182
181
220
11
433
594
jSct addition to profits during the ye«r .
1, G-iS
*,005
Net earnings during the rear
Recoveries"on ehartjed-oif assets
. .
7
130
REPORT OF THE COMPTROLLER OF THE CURRENCY.
BUILDING AND LOAN ASSOCIATIONS IN THE DISTRICT OP
COLUMBIA.
Total assets of the 23 building and loan associations under the
supervision of the comptroller in the District of Columbia at the
close of business June 30, 1923, were 837,589,000, compared with
$34,879,000, June 30, 1922.
These associations, according to semiannual reports as of June 30,
1923, have 14,309 borrowing and 37,896 nonborrowing members.
The total operating expenses amounted to §138,409, of which $114,844
was on account of salaries.
Sixteen associations operate on the permanent plan, six on the
serial plan, and one on the terminating plan. Twenty-one associations require installment dues of $1, one requires payments of $2,
and one payments of S2.50.
The following statement shows the loans, installment payments
on shares, and aggregate deposits of building and loan associations
for years ended June 30, 1909 to 1923, inclusive:
Years.
Number
ofassociations.
;
Loans,
June 30—
1909...
1910...
1911...
1912...
1913...
1914...
1915...
1916...
1917...
1918...
1919...
1920...
1921...
1922...
1923...
22
19
19
20
20
20
20
19
19
20
20
21
24
22
23
,
;
:
:
;
i
;
i
;
.
'
$13,511,587
14,415,832
14, W5,220
16,004,700
17,398,010
18,582,156
19,524,065
20,186,662
20,951,089
21,567,904
23,654,000
27,398,000
29,520,000
33,233,000
36,157,000
Installments | Aggregate
on shares, j resources.
811,996. 357
.13,213,641
13,324, 217
14,529,977
16.453, 041
17,113, 899
17,866. 337
18,668, 808
19,-113,266
20.252, 005
22.463, 000
25.373, 000
27,593, 000
30.506, 000
32, N5S,000
314,393,927
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
Ml. 879,000
37,589,000
BUILDING AND LOAN ASSOCIATIONS IN THE UNITED STATES.
The annual report of Mr. II. F. Cellarius, secretary United States
League of Local Building and Loan Associations, shows that the
aggregate membership of these associations in the several States in
the year 1922-23 surpassed the record of the previous year, described
as the banner year in their history, by more than 1,000,000 members,
and their assets were increased nearly half a billion dollars. The
increase in membership for the year was 1,054,256, or about 18 per
cent, and the increase in assets of about 16 per cent amounted to
$451,766,332.
Building and loan associations have been brought prominently
before the public by reason of the increasing demand for funds for
home building, thus enabling these associations to render to the
general public a service for which they were primarily originated,
thereby increasing the scope of their usefulness.
The report of Mr. Cellarius calls attention to the fact that at the
close of the World War the estimated shortage of homes was 1,000,000,
and while the greatest activity in home construction was noted in
the last year, the increase in cost of labor and materials has recently
slackened this activity to some extent, and there still remains a
many million dollars' worth of home-building construction,
need for
REPORT OF THE COMPTROLLER OF THE CURRENCY.
131
the funds for which building and loan associations will be called
upon to supply.
The greatest gain in assets in the year, §77,115,499, was made by
associations in the State of Pennsylvania, while New Jersey was
second with an increase of $74,254,070, and States where the increase
in assets was in excess of $10,000,000 were Ohio, Massachusetts,
Illinois, New York, Indiana, Wisconsin, North Carolina, Louisiana,
Oklahoma, and Missouri.
The total memberships of these associations, 6,864,144, and the
average due each member, $486.95, compare with a membership in
the previous year of 5,809,888 and an average due each member of
$497.56.
Statistics with respect, to building and loan associations in the year
1922-23, follow:
Building and ,oan association—Statistics for i0.!2-2S.
Number .
Total
ol'assoinemboreiations
ship.
•States.
Pennsylvania
Ohio.."
New Jersey
Massachusetts
Illinois
New York
Indiana
Nebraska
Maryland'
Wisconsin
Louisiana
California
Missouri
Michigan
Kansas
Oklahoma
Kentucky
North Carolina
District of Columbia
Washington
1 owa
Arkansas *
Utah
Minnesota
Colorado
West Virginia
Maine...
lino.i.e Inland
Oregon
Connection t
South Carolina
Texas
New Hampshire
Montana
North Dakota
South Dakota 1
Delaware
Tennessee
Now MexicoJArizona
Vermont
Other States
i
•
I
!
!
I
]
i
!
i
!
'
:
!
Total
i Estimated.
3,316
1.251,000
1,169,828
875
678,973
1,098
209
327.157
741
390j000
2S2
321,044
369
270,725
80
143,456
785
177.150
115
114,179
70
91.000
112
63;825
201
104,214
81
114. 730
120
U S ! 220
82
89,164
120
111.000
:
23.) i
65,000
21
51,109
; i
75.233
52 800
'2»\225
22 ;
31.220
66 j
30,575
28,635
44 \
35.300
IS,400
8 :
20,537
14 !
24,990
34 i
25,600
152
20.404
23,545
88
12.393
27
23,936
26 I
13 |
9. 075
7,350
15 i
33 |
8.950
5, 750
13
5,200
4
3, 750
8
1,955
2J8.547
250
Total assets.
8624,000,000
564i348,517
359, 268,557
225', 092,157
201,928,358
153.161.292
140; 915,474
91,994,730
88,575,000
71,821,023
69.189,443
64,732,760
60,497, 796
58,546.237
55,613,521
51,713,296
48,000,000
44,398,834
35,830,000
29,696,405
24 659 855
17.997.2tn
15,609; 399
14,686,752
14.304,330
13,78(>; 294
10, 5*5, 468
10.545,499
10,000, (K)0
9,633.382
7,626.890
7.162.995
5,791,551
5.460,973
4,529. 065
4,500j(KM)
4.430,385
3,472,527
2,170, 000
1,115.308
81H. 521
113.997.09S
Increase in
assets.
Increase
in membership.
877,115,499
38,652,275
74,254,070
28,897,108
27,568.016
21,891,201
19,350,094
7,923,717
8,052,560
18,821,023
13,277,481
8,236,212
10, 729,266
4,239,389
8,793,389
12,364,985
8.000,000
14,898, 834
2,569,000
5,746,245
5,659, 855
57,628
517,707
142,582
18.366
42,000
41,295
24,742
9,674
16,105
9,179
1,000
9,723
9,332
8,480
14,645
22,480
16,000
3,"325."287*
2,280;752
3,317,885
2,135; 489
408,510
1.269.912
3,183i 046
250,370
651,307
2.698,939
'535, 883
1.410.973
487'. 622
493.688
484,863
8
27,473
232,256
99,526
160,161
11,321,117
6 " 650
,
4,575
6,635
5,300
200
2,139
6,364
600
2,089
11,125
8 2,065
6,936
975
S3t>
950
» 50
500
250
354
20,642
2,540
IS!774
10,009 ! 6. >>61,144 . 3,342,530,953 . 451, 768, 332 | 1,054,2.56
2
Change in fiscal year to June 30.
Figures for 1921 u.-ed.
8
Decrease.
MONETARY STOCKS IB" THE PRINCIPAL COUNTRIES OF THE
WORLD.
The following statement, compiled by the ]\Jint Bureau, shows the
monetary stock of principal countries of the world at the end of the
calendar
year 1922.
Monetary slock of principal countries of the world, end of calendar year 19.!2.
CO
to
[Stated in United States money (000 omitted), except paper stock, which is stated in monetary unit of issuing.country (000 omitted).}
Monetary unit.
Country.
Monetary
standard.
Name.
Gold stock
Metallic
United stock un- Tn banks
States classified. and public In circuequivatreasuries. lation.
lent.
Total.
Silver
stock.
Paper circulation in
monetary Population. Un- j
unit of
issuing
country.
stock, i
Per capita.
t r ! odd.
O
Silver.
Paper.
j
North America:
United States
Gold....
Canada
..do
Mexico.
do
British Honduras
do
Costa Rica
do
Cuba
...do....
1 >ominican Re-pub- . . . d o . ,
lic.
Haiti...
do
Silver
Guatemala...
Honduras
. .do
Newfoundland
Gold....
...do....
Nicaragua
do
Panama
Salvador
do
Virgin Islands ..
do..
British West J ndies
Bahama Islands
...do....
Barbados
do
Jamaica
.do
Trinidad
do
Dutch West Indies —
Curacao
...do....
French West IndiesGuadeloupe
...do....
Martinique
do
South America:
Argentina
...do
Bolivia
...do....
do
Brazil
do
Chile.
.do
Colombia
Ecuador
...do...-
H
O
I
Dollar
do.
Peso
Dollar
Colon
Peso...
Dollar
SI. 00
1.00
49S5
1 00
4653
1.00
1.00
Gourde
Peso
. .do
Dollar
Cordoba
Balboa
Colon
Dollar
.20
(*)
(4)
1.00
1.00
1 00
.50
. 905
Pound
do
...do...
do
;
4 S005
$3,933,470
78 016 i '138 435
1 s)<)
500
°7 500
3i, 000
37,105
' 250
16,30S
500
400
150
550
25
30
1,000
280
s 2,300
315
66
590
30
a 1,000
1 573
110
5
1 573
121
4 .'••100")
.402
Franc
do.
.193
. 193
. 904.8
. 3S93
. 540l>
. 305
. 9733
. 4S07
$740,007
26,621
1
30 000
65
•i 5%
fi.lOii
250
4. soor>
4.S6G5
Guilder...
Peso
Boliviana.
Milreis
Peso
...do
Sucre;
1
$3,933,476
138,435
1
50 000
02
6 083
' 219
419
239
7 IS
3,969,914
433 470
340
2
14 149
2 211,442
2,500
8, S3S
r
" ISO (MM)
« 547
* 2,000
7,388
9 381
619
1 612
110,560
8,361
15 502
45
409
2,899
955
2, 500
2,232
037
205
638
450
1 500
25
! S35.57
$9.40 1 16.56
i
3.23
251
12. SO
i
. 26
5.05
.52
'
. 22
.01
'
.05
3.77
.44
8. OS
.49
15
!
1. 05
4.84
•ivlX 1 -if.
i
!
8.244 1
4X 0-->5 i
34 025
a 2a :ioa
-' 4,025
493,140
S, 244
4S, 025
34, 025
23, 30i)
;
< 4. 025
i2*
"7.313
&1.D31
2.48
35.9!
51. M
7. 55
30 17
72.1)3
2.01
3. 53
80. 04
.SO
7. 55
11.5*
('). 25
24. 70
SO
00
150
3. 05
2 G9
12,900
« 560
S5.S
.2S
391
")l
15. iO
I. 13
8.32
1.10
416
2.027
714
i 27
;
50
*.. I
i
30,800
20,400
251
§6.69
3.18
1 91
1.44
230
240
8. SI '•
2.98 ;
1,302,501
33,700
2.300,000
8,533
2,890
30.492
3, 755
6, IKK)
2,000
302. 0 0 0
•• .! 1, 0 0 0
: JO, 000
<
5.02
133.91
85 00
57. 79
159. OS
11. OS
75. 43
2 . S."i
1.57
9.06
•
3 . SS
2.31
.OS
SO. 4 2
L22
.97
1.82
8.00
O
Guiana—
British
Dutch
French
Paraguay
Peru.
Uruguay
Venezuela
Europe:
Austria
Belgium
Bulgaria
Czechoslovakia
Denmark
Ksthonia
Finland
France
Germany
Great Britain
Greece
Hungary
Iceland."
Ireland
Italy
Latvia
Lithuania
Malta
Netherla uds
Norway
Poland'.
Portugal
rlugal
Rumania
Russia
Spain
Sweden
Switzerland
Turkey
Yugoslavia
Asia:
British North Borneo.
Ceylon
China24
'
L.do
|...do
:.. .do
'.. .do
;
.do.
:.. .do
'.. -do
j
;.. .do
j . . .do
j . . .do
Gold'
(J»)
Gold
...do
...do
j . . .do
j . . .do
| . . .do
|.. .do
j . . .do
I.. .do
!... do
L. .do
I...do
i... do
'.. .do
Pound
•
Guilder...!
Franc
Peso
Pound.
Peso
• Bolivar...
:
j
: Krone
|
Franc
; Lev
Franc
; Mark
j round
Drachma
Krone
..do
Pound....
Lira.
Lai:
Li Las.
•
Guilder j
Krone
j
Mark
.
()
Gold.... Kscudo...;
Lou
!
...do
Ruble
.do..
Peseta
...do
Krone
do
...do
...do
(13)
Franc
Piaster..
Dinar
45
45 !.
1,521
]
652
22,873
56.806
15J440
4, 725
5 3,000
6 9,071
050 i.
i
!
:
.2026
.193
652
22,143
K 56. Si)6
& 15,440
'* 784
51,901
7,41.1
.2026 . 165.634
.2os :
;....
• Krone
do
Mark
do.
:
Pound
4. 8665
.402
.193 i
.9648 I
4.8065
1.0342 !
.193
61,173
3,050
.193
8,371
.193 •
708.407
.193 i
240.5:57
.2382 •
742. 740
4.S665
183.478
5,083
.193
. 2020
5,152
603
. 268
4.8665
'217 300
. 103
. 193
2, 003
. 10
989
4. 8005
•> 2 3 3 . 879
'
, 402
. 26K
39. 474 :
709 !
. 2382
1.0S05
'.267
. 103
•.585 !
.5146
!.(>()? !
. 193
'.278 i
. 268
73, 727
. J93
101, 584
.044
L007 j .
. 193
223 i
12.334
730
784
5!, 901
7,411
51,173
3,650
8,371
708,407
240.537
742,740
5.983
3,152 ;
603 :
21.7,300 ;
2,603 !
989 :
23:5.879
39.474
9. 769
9 267
7,585
2.607
4*7,278
101, 584
" 12." 354*
1
4,080,177, 238
(V. 870, 392
•A, 884, 103
10;064, 049
459, 35:?
1.1U7
4,524, 505
1,420. 920
106"
14 36,359', 286
55,777
17,865 i.533.709, 2i2
443. 88j
:>. 150, 000
75.886, 987
120
8. 831
is 19, 996
17,033
20.279, 000
22,800
13 36. 000
30, 377
is 600
',044. 000
38,258
384. 700
i\, 673
793,437. 489
10.51 •
2» \'. 047, 028
19.012
1")' 162.053
161
1,994,500, 000
4,136, 958
" 12^600"
584. 191
5.311
991, 041
« 22,748
* 15.534. 000
5,039, 888 !
3,193
6.067
7,577
5, 598
!
i
"
JSJGSG : 12.14 1
3, 268
1,750
3 332
11,476
i0, 899
J7,308 j
1, 950 1
4.10
96
380
740
728
,651
184
ti.S3l
2.646
20.386
5,95S
17.393
1.82.
21'
i
5.10
i
.41 '
"
•
.
!
.65 .
! 4.90
1 02
.
1
10
30.72
: 76
{
6. 40
|
!
!
|
i
3.87 j
!
. 3244
(<)
9
10
11
i
14
10,000
14
10,000
1.21
i
40
[
.
(>">().
. 14 !
5. 91
.1.51
.21
3.89
.02
3-1,23 ' 5. {>{)
i4. 91
30 , "! 39
1. ;>•') . 3. 19
43 .
.01
.01
22.8«! :
12.48 i
26.30 ;
i
8.027
81,389
In Banco di Chilo.
British G;]ian:i dollars.
in Bank of th« Itcpublic, on Oct. 31, 1022.
*2 On .fan. 7, 1923.
la
Monetary'standard not established,
•i On Dec.'2S, 1922.
v
- Most of it held abroad, mainly in Netherlands.
13
Included in circulation of Great Britain. Of this
amount, £6^54,404 circulates in Ireland.
4.504
427.1679
" On Nov. 30, 1922.
« On Dec. 28,1922.
19
On Mar. 31,1922.
« O n Tan. 2,1923.
21
On Doc. 27, 1922.
39,290 !
191,037 j
22 O n D e c . 2 3 , 1 9 2 2 .
2a
!
7. 38
15.82
353. 84
180.00
1.18
•IK. 95
16.17
1672.519.7:5
907. 53
693. S3
738. 05
140.56
.)(\
J8.72 •
2, oS5. 46
2.08 '
-m 44
2 51
OX
17.0S 1.3 1
25. J 84! 47
3.04 •
9. 37
08
15.70 :
6 Xy :
2,516 |
Last year's figures.
- State hank.
United States bills.
< Fluctuates with price of silver.
» Estimated on basis of data considered falrlv reliable.
6
Tn United States dollars.
• Dec. 11,1922.
s Jan. 9,1923.
3
298
ION
25. 23
26
1.000 .. .
4.610
1,430
2,412
.10,623
3,560
Gold.... Dollar
..do
Rupee
1 Silver... Dollar
50 2,200
1,709
9,200
180,000
5,436
5
70,000
3 39,000
Only 5-frnnc pieces and silver bullion.
- incomplete.
'•'()
3,.::-i4.46
91.99
4.56
551.91
20.83
0. 53
115.
:<0,O70.
i 75.
871.
O
H
O
Monetary stock of principal
countries of the world, end of calendar year
1922—Continued.
j" Stated in United States money (000 omitted), except paper stock, which is stated in monetary unit of issuing country (000 omitted).]
Monetary unit.
Country.
Asia—Continued.
Cyprus Island. .
Federated Malay
States.
India. British
I n d o - C5 h i n a.
French.Japan (including
Chosen. Kwan^tung. Taiwan).
Netherlands, Indies
Palestine
Persia27
Philippine Islands
Sarawak
Siam
Straits Settlements.
Syria...
Africa:
Abyssinia
Algeria
Belgian Conijo
Egypt
Equatorial Africa
French.
Eritrea
Gambia
Gold CoasL "ind
Ashanti.
Kenya Colony and
Uganda.
Madagascar
Morocco French
Nigeria
Xvasaland
Portuguese E a s t
Africa and Beira.
Monetary
standard.
Name.
Gold....
...do
Dollar
...do
Rupee.
Silver... Piaster
Gold stock.
Metallic
United stock un- In banks
States classified. and public 111 circuequivatreasuries. lation .
lent.
Silver
stock.
Guilder...
Pound
Silver... Kran
Gold..
Peso....
..do
Dollar
...do
Tical
...do
Dollar
...do..
Pound.
do
Thalari
. 4866
.102
4.9431
(0
.50
. 5678
. 4054
. 5678
;*. 860
(4)
. 193
. 193
1.9431
. 19:$
...do
...do
do
Pound....
Frr.no
do
do
do
Shilling...
118,247 i
IIS, 347
(il 306
61 306
;
$2.26
1.35
1.00
5.46
3.51
431. 212
15,935
1,741.830
56 663
319,075
16,000
.37
1 S31 100
77 5°9
I 1 77
301 846
1 000
60,000
319 201
148
76 547
93,227
9.059
•47.204
1.30
215
772 359
3]'837
33.297
4,100
8,000
5 162
15,000
.12.751
9.000
25 180
481
3 607
450
210
2 078
23 11,308
2. 529
3.46
100 000
240.900
1 206
3, 388
6,000
18, 568
1,377
3,320
3. 14
22.620
IX, 836
95
oS, 245
8, 638
566
3, 883
36,546
943
1,448
960
1.599 :
:
10 017
;<sr>
lb 87S i
rm
. 191$
").">7
•
s:?8fi
4.8665
!
. 193
1.8665
4.8665
1. 0805
1U)
49
598
195
12 767
700
1,318
142,002
g
H
$1.66
2.56
314
1.316
168,968
Paper.
.06
520
3 369
1,599
960
.2133
do .
Franc
..do .. . . .do
Pound .
do
do
.do .
Eseudo...
...do
SO. 93
S7L1
76
-1. cSGfio
<'o
Lira
Pound.. .
do
do
Silver.
8, 849
S292
S292
01*? '>-~)r>
...do..
Gold.
10.642
$4,866.")
. .)67S
Gold
Sil ver
Gold
Total.
Per capita.
Paper circulation in
monetary Population. Ununit of
classiissuing
fied
country.
stock.
700
9.500
10,779
600
8.809
714
3,000
; •"\'O9*
°3 6
6.46
1.43
2.3S
1.75
6.32
29.61
• 25
6. 04
12.10
.04
$',i 08
.26
.05
2.87
2.10
3.22
1.61
.43
.06
.69
.51
.42
C
O
^
H
3.57
16
2.24
9
H
PJ
S. 69
130.57
W
O
£
£
£
-
3.02
?
. 03
130.25
2. 12
2.61
. 48
H
'Zl1
-r
do. 98
2.29
1 74
"^
W
1.47
p
29.51
40.15
07
45.51
Cl
K
-l
{~
c:
c:
c
4J
i
j
|
H1
'-"
Portuguese West
Africa.
Reunion Island 2S
Rhodesia
Sierra Leone
Somaliland—
British
French
Italian
Tanganyika Territory.
Tunisia
Union of South
do . .
do
...do
...do
i.0S05
7,983
193
4.8(565
32,600
;
' 10,000
214
Pound
.do . . .
.do
Rupee
. . . d o . . . Krane.
.do
Rupee
Shilling
...do
.do
.do
Africa.
Vv c s t A f r i c a , . . . d o . . .
French.2"
Zanzibar
do
Australasia:
Australia...
Now Zeaiard
Tahiti—Society
Islands.
Total
do
Franc
.do
do
(in
Franc
Pound
4
1 930
950
•"• 9 5 0
^(}(3"j
32-4
. 193
3214
. 2433
5 90
148
292
1 019
1
103
1. 8665
3 074
53^884
14 600
3,074
68,484
24,214
= 781
•
19,359
•'' 172,457
21.8.~>9
190.600
2 9~2
4 Si 165
4 8665
i93
< Kluct.usitey with the price of silver.
>
!--stiiriatcd on basis of data considered fair
' On Ai:-. 31. 1922.
300
2,500
i, 357
519
oL.773
6 764
7. 867
126 710
108 748
X* 368
873,927
4 4i<;
30 l l . x
:<'M4
!>anr
1.93
i
Franc.
Pound
do
f
4,000 i
9,135,587
74,420
», 210,007
1.536 1
544
206
450
7.200
i
|
i
i
..
.
11,464 :
.51 !
i
!
I
.54
i
!
.26
.
r>^
12.14
3.36
89. 54
3.03
si
2
H
O
K-.63
22. 12
i
!
4.21
9 f
W
5. M\
2>0.07
4.99 j
1.32
!
.51
1S7.35
5.36
.16
2. ii3
197 •
5,340 : 20.36
1 227 • ;U 27
:
.05
.10
. j 2.26
1
(il
!
1.60 i
.11
9.97
2.67
1,926 j
1.843,906
2,440,83i
-R Includes 2roid held abroad.
2- On Mar. 21, 1923.
-8 Including circulation in Tanganyika Territory.
174 i 11.09
o,TJ
29 On .Tune.iO, 1022.
0 Bold in Uank of Indo-China
3
XOTT:.—Figures given represent e:irh country's ^t.ock at the end of the year, except; when otherwise indicated. Population figures arc from the statistical Abstract of the United
States. 1021. Blanks indicate no figures avallab'le. rather than no stock. "(Told held abroad as follows, not included in the above figure* (presumably reported bv the country having
sion): (Vinaua,Slp,173.72l: Honduras. :<250.000: Nicaragua, $fi4S.762: Arceniina, $3.37S,02
"~
""" " "
* " "
"
'
•>9.s09,900: Cermany, Si 1,017.622: Ireland, S29.199.000: Hank oflt:ily,S7:U17.200; Latvia, 2;
.(Jiug the gol<i confiscated a t Moscow): Switzerland, $1,699,55*: Philippine islands, $47.17c
L'nion of South Africa, $3,923,965; Yugoslavia, $51,644,339: Italian Somaliland, §648,800 (silver coin).
O
CO
en
136
KEPOKT OF THE COMPTROLLER OF THE CURBENCY.
FEDERAL LAND BAtfKS.
On October 31 last the assets of the 12 Federal land banks aggregated $881,670,000, the principal items of which were as follows:
Mortgage loans
United States Government bonds and securities
Cash on hand and in banks
$775, 311, 000
60, 097, 000
2-1, 70S, 000
Of the $42,283,000 capital of these banks the National Farm Loan
Associations held $39,641,000, the United States Government
$2,434,000, and all others $207,000. The reserve and surplus from
earnings were $4,350,000 and undivided profits $3,694,000. Farmloan bonds outstanding, $808,666,000. The banks' obligations on
account of notes and bills payable were 82,559,000.
The net earnings of the Federal land banks up to October 31, 1923,
were $17,134,000 and dividends paid $7,155,000.
The capital stock originally subscribed by the Government was
$8,892,000, of which $6,457,000 has been retired, leaving as heretofore stated the present investment of the Government in these banks
$2,434,000.
During the existence of the Federal farm loan system the total
loans closed by the Federal and joint-stock land banks numbered
334,564 for $1/252,000,000, of which 284,095 for $846,030,000 were
by the Federal land banks and 50,469 for $406,055,000 by the jointstock land banks. Statement at the close of business October 31,
1923, follows:
Consolidated statement oj condition of the 12 Federal land banks at close of business October
SI, 1921.
ASSETS.
Net mortgage loans
Accrued interest on mortgage loans (not matured)
United States Government bonds and securities.'.
Accrued interest on bonds and securities (not matured >
Other accrued interest (uncollected)
Notes receivable, acceptances, etc
Cash on hand and in banks
Accounts receivable
Instalments matured (in process of col lection)
Banking house
'
Furniture and fixtures
Other assets
1
Total assets
$775, 311, 855. 98
14, 251, 439. 42
GO, 097^ 380. 68
207,167. 59
107, 384. 47
285, 674. 55
24, 708. 604. 89
2,183, 259. 85
1, 268, 647. 31
1,421,948.99
209,156. 59
1, 558,168. 48
881, 670, 688. 80
LIABILITIES.
Capital stock:
United States Government
National farm loan associations
Borrowers through agents
Individual subscribers
Total capital stock
Reserve (from earnings)
Surplus (from earnings)
Farm-loan bonds outstanding
Accrued interest on farm-loan bonds (not matured)
Notes and accounts payable
i Unpledged mortgage (gross), $13,243,280.14.
$2,434, 385. 00
39, 641, 607. 50
205, 220. 00
2, 270. 00
42, 283, 482. 50
4, 050, 500. 00
300,000. 00
808, 666, 674. 00
14, 584, 879. 76
2, 559,483. 26
EEPOKT OF THE COMPTROLLER OF THE CURRENCY.
Due borrowers on iinoomplpiod loan*
Amortizai ion instalments paid in advance
Matured iin crest on farm-loan bonds coupons not presented)
Reserved for dividends unpaid
Other liabilities
.'
Undivided profits
Total liabilities
137
$002, 90S. 77
1, 224,122. 85
2, 553, 313. 21
417, 773, 43
G12i 943. ]<)
3, 094, 007. 82
881, (570, W8. 80
WF^IOK.WOA.
Net earnings to Oct. 31, 1923
Less:
Dividends paid to O n . 31, 1923
Carried to suspense account Oct. 31. L923
Other charges'to Oct. 31, 1923
17.13-1, 037. -10
$7,155.170. 0-1
7LI. 252. 05
1, 222, 507. bS
9, OSS, 929. 67
Carried to surplus account Oct. 31,1923
Carried to reserve account to Oct. 31. 1923
Undivided profits, Oct. 31, 1923
$300. 000. 00
4, 050, 500. 00
3, 094, 007. 82
Total reserve and undivided profits, Oct. 31, 1923
Capital stock originally subscribed by United States Government..
Amount of Government stock retired.
Capital stock held by United States Government.
8, 0-15.107. 82
8. 892,130. 00
6. 457, 745. 00
2, -13-1, 385. 00
JOINT STOCK LAND BANKS,
The consolidated statement of condition of the joint stock land
banks at the close of business October 31, 1923, shows total assets
of $422,324,000, of which $882,225,000 was mortgage loans, §17,303,000 United States Government bonds and securities, 811,220,000
cash on hand and in banks.
The capital of these land banks was $32,506,000, with a paid in
surplus of 81/210,000.. reserve and surplus (from earnings) $2,190,000,
undivided profits, $1,002,000; farm loan bonds outstanding, 83:10,154,000, and notes payable, 832,722,000.
Consolidated statement of condition of the joint stock land haul's at the dose of business
October ol, 1923.
ASSKTS.
Net mortgage loans
Accrued interest on mortgage loans (not matured)
United States Government bonds and securities.
Accrued interest on bonds and securities (not matured)
Other accrued interest (uncollected i
Cash on hand and in banks
Accounts receivable
Installments matured (in process ol collection >
Banking houses
'.
Furniture and fixtures
Other assets
Total assets
$382, 225, 303. 63
7, 389, 551. 56
17J 303, 430. 37
110^ 721), 01
78, 370. 23
11, 226, 243. 29
768, 443. 67
762. 530. 82
602, 907. 24
175! 081. 80
1. 070.130. 79
-122, 3'M. 728. 47
138
REPORT OF THE COMPTROLLER OF THE CURRENCY.
LIABILITIES.
Capital stock paid in
Surplus paid in
Reserve (from earnings)
Surplus (from earnings)
J-'arm loan bonds outstanding
Accrued interest on farm loan bonds (not matured)
Other accrued interest payable
Notes payable
'.
Due borrowers on uncompleted loans
Amortization installments paid in advance
Matured interest on farm loan bonds (coupons not presented \
Other liabilities
Undivided profits
Total liabilities
$32, 50G, 430. 00
1, 210, 833. 83
1, 750, 355. 05
440,194. 09
340,154,100. 00
< , 640, 073. 64
>
128,032. 62
32, 722, 680. 6>
(
2,110, 814. 50
!., 355, 004. 60
1, 057, 911. 25
1,155, 619. 50
1, 092, 678. 73
422, 324, 728. 47
UNITED STATES POSTAL SAVINGS SYSTEM.
Statistics with respect to the operations of the Postal Savings
System, furnished by the Third Assistant Postmaster General, Post
(Jllice Department, show a reduction in the assets of the system in the
iiscal year ended June 30, 1923, of $4,529,130.26. Assets of $141,011,730.42 June 30, 1923, consisted of balances in depository banks
and with postmasters, aggregating $62,066,025.91; special funds
deposited with the Treasurer of the United States to the amount of
$0,681,655.48; accounts receivable, consisting principally of accrued
interest on bond investments, amounting to $849,118.09, and investments in postal savings bonds and Libertv loan bonds, aggregating
$71,414,930.04.
The liabilities consisted of $134,458,105.29 due depositors, represented principally by certificates of deposit; accounts payable, being
the amount duo the postal service on account of interest and profits,
$5,444,738.53; and surplus funds representing undistributed earnings
of $1,108,886.00.
In the fiscal year ended June 30, 1923, the total earnings of the
system, on account of interest and bank deposits, bond investments,
and other miscellaneous receipts aggregated $7,501,312.01, compared
with $6,225,082.38 for the prior year. Interest credited to depositors
in the past year amounted to $2,130,901.44, compared with $2,207,579,10 for the previous year, and other debits to profit account
in the 3 ear ended June 30, 1923, amounted to $200.87, compared with
$2,024.22 for the year ended June 30, 1922. Thus, showing a gross
profit, exclusive of expenses incident to maintenance of the system, of
$5,424,149.70 for the past fiscal year, or an increase of $1,408,670.70
over the previous year.
The balance to tho credit of 417,902 depositors, June 30, 1923, was
$131,671,300. The reduction in tho number of depositors in the year
was 2.340, and the reduction in the balance due depositors between
June 30, 1.022. and Juno 30, 1923, was $0,065,139.
Comparative statements for the years ended Juno 30, 1922, and
1923, with respect to the activities of the Postal Savings System,
follow:
Comparative balance shed for June JO, 1023, and June SO, 1922.
.1 line 30, 1923.
Items.
Working cash:
Depository banks.
Postmasters
June 30, 1922.
Increase.
RKNOURCKS.
.•¥01,7:4-1.947.92
331,077.99
$43. 989, 257. 90
77, 460. :js
c. 025. <) I
Special funds:
Treasurer oi t h e United Stares—Reserve fuJKl
Treasurer el'the U n i t e d states—Miscellaneous (working) I'uiuis..
Accounts receivable:
Accrued interest on bond inve.-tineiits
Due from discontinued depository bankDue from late postmasters, including credits temporarily with- .
:
held
'
•?14,066,71S.2S i
_
6,390,402.49
91.252.99
6,6Sl,6.r)5.-l«S
047, 167. 74
107. 09
Par value.
. £9,023,6*0
•?436,76. r ).25
'
101, 6*3. 70 |
175.007.94
2. OS
101.755.6S
71.9S
175,082.00
1,024,200.09
8,27S,SOO.OO !
'323,925. S2
9, «;2i,6.so. oo
744,SS0.(K)
,
13.33X,S29. .12
3,S4O,M2. Sf>
5. 222, 7.1 K 74
21.9S0,736.51
67.613.969. < S
>
71,114,930.94
LIAIMUTIF.S AND SURPLUS Fl"NH«.
Outstanding principal, represented by certificates of deposit
Interest payable on certificates of deposit
Outstandiiig savings stamps
93.
667.4S
ill,Oil,730. 42 !
145.
R6O.6S
!
j
137,736,439.00 j
2,632! 024. 73
61,704.20
131.071,300. oo I
2, 72:*, 575. 09 j
63,2."jo. 20 |
l:;4.4>S 105. 29 '
Accounts payable:
Due J'osiai Service—-interest au< 1 profits.
Total liabilities
Surplus funds:
Interest; and profits (undistributed earnings) subject to future ,
allocation of m a t u r i n g interest charges
'.
P
84,145.90
922, 441. S4 !
2. 57
717. -13."$. 90
. 49
SO. 700,430 i
S17.745.69O.O2
2,^.617.01
17,990.307.03
,054,274.83 !.
3'J9,118.09 '
I n v e s t m e n t s , carried at cost price.:
U. S. bonds.
Postal savings 2.J's
First Liberty 4J-'s
Second Liberty 4 J's
Third Liberty'4^'s
F o u r t h Liberty 4i's
Due depositors:
Decrease.
6,065, l:{9. 00
:
110.130, Hi"
"M7 32
5, 414.73S. 33 •
144,411.:;
1,10S.ss6.60
jt,
141,011,730.42
115,
475. 43 . .
5)1, 550.
1. 520. 00
5,972, OG2.'(i4
1 10" -»1 ''1
•1,50S_.541.4:i
20,3SS. Ki
4,529,130.26
o
Comparative statement of interest-earning resources and liabilities for June 30, 1923, and Jane 30, 1922
J ime 30, 1923.
Items.
June 30, 1922.
Decrease.
Increase.
RESOURCES.
Working cash:
I)epository banks
Investments, carried at cost price
I
Sol,734,947.92
7!, 414,930.94
LIABILITIES.
8133,149,878.86
$17,74"), 690.02
$43,989,257.90
93,395,007.48
821,980,730.54
4,235,040.52
$137,384,925.38
i
Due depositors:
Outstanding principal, represented by certificates of deposit
Excess of resources.
:
'
!
_....'
0,005,139.00
137,730,439.00 I.
131,671,300.00
-351,513.02 j
1,478,578.86 :
!
i
......
I
H
1, S 3 0 , 0 9 2 . 4 8 j
....._
w
!
51
a
p
Comparative statement of interest and prof Is for the f seal years ended June JiO, lU'i-K and June. $nf 19.12.
Items.
Fiscal year 1923.
Fiscal year 1922.
O
H
O
Increase.
Decrease.
H
b
Credits:
Interest on bank deposits
Interest on bond investments
Miscellaneous receipts
Prolit realized on. sale of investments
Debits:
Interest credited to depositors
Allowances to postmastersLosses by lire, burglary, etc
Erroneous payments, uncollectible items, etc..
Miscellaneous losses
Cross profit.
$1,334,094.29
3.702, S3S. S3
32. 89
2,524,340.00
§197,471.50 !
$1,130, 022.79 I
4,098! 304.58 !
004.71 |
3X9. 550.30
$6,225,082.38 !
$7,561,312.01
2,130,901.44
$995.4f»5. 75
571. 82
2, H I , 795. 70
i; 330,229. 03
2,137,102.31
5,424,149.70
1.738.40 i
' 270. 00
15. S2 :
o
130,617. 72
2,209,003.38 :
3,9^r>, 479.00
.1,468,070.70
Q
1,538.02
270. 00
14. 73
132,441.07
2,207,579.10
190.78 I
s
a
Summary
of-postal saxmgs husmess for the fiscal, year ended June SO, 1923, by Stales.
Biihnce to |
Withdrawals.1
.lime ."JO, 1922.
I'nltcd Stales
I 3137,730,439 '
Alabama
Alaska
Arizona
Arkansas
California
'
!
!
\
:
( olorado
;
Connecticut.
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
] owa
Kansas
Kentucky
Louisiana
Maine
Maryland.
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New .1 lamp;shiro.
New jersey
N e \v "Mexil-o
New York
North Carolina
Nor; h Dakota
Ohio
Oklahoma
;
!
j
|
!
|
i
'•
:
:
:
373,827
783,851
319,403
175, 701
3, 109. 100
1, 431.511
2,259,710
210,000
351,075 .
S24,390
200,874
28, 025
575, OSS
8.551,447
1,023,002
'412,308
013,894 j
372,893 !
392,275 I
270,195 '
237,241. !
8.371, 112 i
3.247,300 !
1,457, 5i() !
71,847
2.07s, 000
922.729
373,045
2SS. 75S
ss<j,783,281
351,838 :
420,775 ;
223,031 :
81,330 .
2.350,07S !
5S9, 202
13ti, 243
302, til2
793.332
20(i, 840
4 4,974
871,872
4,015,205
414,457
193,37i
272, 2"3 .
21 I.MS
i89! 307
150,250
115,229 !
*i,5S3,39l !
2. 101,510 ,
577, I;;I I
35,000 |
1,705, ON.{ :
i: 2 5 7 , 3 M
159,705
215,900
2J2, 99S
4,09X571.
01,34 ^792
39,034
20,390
4.107,555
5(3, S59
1
!
!
!
'
i
41, MW,5i)2
70, 7!4
1 i. I }5
1. KW. 032
Hi.;, 150 j
The>e (oiais iiu-iudo t h e a m o u n l
390,848,420
30,889 j
38.039 I
8K,30! I
82, 989
2,700,553 I
7S4, 2s:^ i
L, 452. 2;t7 I
ill, 521
312,830
S2X,5SJ
229, 198
43,47!
7J3,195
5, 105,337
'580,45!
239, KM)
331,319
207;742
217,040 |
175,820
i 7S, 28S
5.7$0,598
2, U s , .178 !
81 i; 070 i
43, 779 |
J. 740, 255 i
' S75, 020 :
220^ 138 j
2 i s , 243
207,497 i
3, iOiv, Mi I
43, 9> I',377 i
50,0:5 j
490,091 ,
.Savings st:ii
Increase in :
Balance to
b; dances to :
the credit ol'
the credit of
depositors
June 30, 1923.: of depositors
Sold.
si31,07l,300 ! -su,005, 139
87s, 197.00
391,770
07 L 987
2S4, 133 i
5 71, 102 :
i,2.-jr,,-ioo :
2, ISO, 2!5 i
207, 7.S2 '
370,Ss7 :
789, 138 i
244.522 |
29,528 i
734,3(15 i
8,091,315 i
'sTiL^OOS :
300,570 ;
554,848 :
31O',999 I
333,912 :
250^025 i
204. 182 i
«.). U>s;-05 i
2, 900, 722 !
! ,223,205 !
03. 134 i
2.702>ss i
t :;04. 490 i
300,072 |
17,940
— I l l ' SC.t
-05^330
- 1, 059
-410, 175
-195,081
-79,501
— S, 278
19,812
- 3 5 , 252
-22,352
1.503
158,077
- 4 0 0 , 132
-i7!,994
-15,738
-59,010
- 55,891
-58,333
-25,570
-•33,059
790,793
3 Iii. 03H
-23t,245
-8,7J3
24, s;is
3*1,71)1
--•!•»(•., 3 7 3
- 5 i ; 499
-410,512
.-, «>;,()
58, 557! 007 I
2, 784,' 7S5
U,n99
1JS,'S1O i
-1.580
••'.. 54 \ 9. -9 I
'
271
i ; 2^2. O.'.i)
472!
85.00
i. .s()
10. 10
39. CO
599. 40
414. N
O
1,784.90
99. 00
358. 40
74. 90
239. 20
19. 70
30. 90
794. 80
i 81.30
94. 40
111.70
r^. 30
20. SO
111.00
81.80
l>, 303. 00
285. 90
409. 50
38. 20
347. 00
42. 20
HI. SO
1*. 00
357. 30
5.520.00
VI. SO
37, 215. 90
30. 10
3.10
7S2.50
70. o0
1,775,121. l.i-ai sff.-nvd beuvecn depository ofliccs.
^emed.
570,071 ' $ 0 l , 8 l 4 , 0 ' J i . 7 2
095.20 j
050. ;:3 I
20l! 182.49
149; 495. 45
004
1,290, 143.24
335
040, 274.50
, 7ss
1,207, 190.00
79 :
103; 080. 92
i^57 ;
521 \ 511.47
193. 23
S 4 '••
192 j
1 sol023.71
19
27. 325. 57
009' 701.05
20
974
3,105, 874.92
137
503: 770. 52
258. 140. 75
115
31L 223.18
53
190, (>10.10
20
i97, 023.43 I
109
llii, 223. Sli '
95
90, 955. 0.")
4/)S2
0,071, 870. iKJ
2/9
1.575. 479.31
liT.i. OS
31 7 I
20
03. 112.99
33 S
1,370, 101.94
1, 040, 852. 92
L03, 203. 50
171. 23L.07
014.5;)
359 ]
28^
21.7. 02
5,755 I
l,97;i, 071.90
11
;>t 4()9. OS
30,52<>
20,42i>; 443. 70
19
59. 885, M
3
l,S07 520. 5s
384' 907.01
82
-41
'i
217,
S i , 3 3 4 , 0 9 4 . 2 9 ! S2,O45, i H. OS
3,822. 40
;VSIT. 9s
2,002. 57
2ii, 599. SO
13; 220. 22
19,971.73
2,225. 20
11, 140.83
9.449. 05
4,400.40
492. 29
12,502.42
04,870.54
10,1.0.45
5. 405. 12
0,538. 10
3,198. 88
3,558.95 !
2,521.35 i
2,290.4;; ;
US. 579. 89 !
29; 277. 14 !
13.047.05
1,233.24
27,944. 30
JO. OSS. 82
3,389.20
2,801.03
•> 107. 73
•,
40,059.01
455. 09
508,822.10
095. 85
327. 48
35.773.05
8,291.43
5,719.07 ]
9,5V'1. 09 |
5, 589. 04
2, 779. 98
52,382. 03
21,089.80
30, 700. 39
2, 835. 02
5, 554. 32
"il, 188.43
3. 433. 93
230.41
0. 293. 05 ;
138, 157.38 i
19.972.00 I
5,070. 15 ;
11,425.97 I
0 842. 93 i
5; 922. 70 1
4,322.53 !
4,209. 84
101,410. l .
i
52,475.51.
27,053, 32
1.310.77
42, (JOS. 08
13,997.57
5. S3i. 10
% 4*3. 50
7, 010. 92
7J,230.2.">
743. 22
s77,077.3i)
572. 58
357. 32
75,01s. 29
0, 749. ss
A. miiii's sijrn denotes derroa--o.
•S29,7'.i()
;•,,
120
500
1,000
1,520
1,000
2(iO
500
3, OUO
1,000
920
4,566
7,720
C
Summary of postal savings business for thefiscalyear ended June oO, 192S, by States—Continued.
to
Balance to
the credit of
depositors
lime 30,1922.
Mate.
SI, 954,020
U,947',S39
VA, 849
960,851
60,573
23, 548
230,800
807.085
473', 503
139,617
322,616
3,620
7.312,298
' 315, 367
1,37-1,7.13
205,044
Oregon.
Pennsylvania..
Porto Rico
Knode Island..
South Carolina.
South Dakota..
Tennessee
Texas
Utah
Vermont
Virginia
Virgin Islands..
Washington
West Virginia..
Wisconsin
Wyoming
1
Deposits. 1
si 289 980
7,159,431
'191.343
762,907
14?: 289
10.700
1211019
054,93S
388,' 540
60,497
221j178
5,648
A, 258,458
230,174
511,026
141,644
Withdrawals.'
Balance to
increase in
the credit of balances to
depositors
(liecredit of
June 30,1923. of depositors.-
SJ,369,229 '•• SI, 874,771
7,329,351
11,777,919
200, 595
145,797
771j767
95S,051
118,205
io'423
.17,924
151,729
200,690
7.13,274
778,749
310, 801
551,182
S9,668
110,446
246,950
296,844
4,486
4,782
4,749,044
6,821,712
241,479
310,062
740,287
1.145,452
131,165
' 215,223
-*79.249
-169; 920
—9,052
—s,soo
57,632
—5,624
—30.110
—88J336
77,679
-29,171
-25,772
1,162
-490,586
—5,305
-229,261
10.179
Savings siainps.
Sold.
«9S. 50
4,631.80
14.246.30
2,165.40
•16.20
26. 60
75.70
201.30
2. 80
57. 70
389.00
9
73
355
i34.\i(7
ioe"
25.10
111.80
75.40
These totals include the amount of $1,775,121 transferred between depository ollices.
"Interest
paid
depositors.
i
Kc.leeined.
83
169
20
SS14,757. 89
6,230,339. IS
125, 549. 57
478,794.71
115,728.96
14, SOS. 30 J
117,319.27 !
491,612.10 j
389,314.05 |
98,807.13 |
238,350.8.1 I
"4"7(")4,"292."()4"i
193,796.68 !
514,6.8:',. 12 !:
158,491.31
§18,087.89 j
107,721.23 !
3,056.89 |
9,014.94 I
1,933.23 !
'21)5. 78 i
2,24S.14 :
10,840.79 •
'
5.248.76 ;
2; 523.49 !
4.497.74 j
"112^458^20* I
3,304.67 i
11,543.09 !
2,592.72
$30,360.21
182, 820. 27
Amount
of deposit s surrendered
for bonds.
$1,000
1,600
1.678. 12
14,409. 21
500. 84
489. M
3.701.68
12j 275. 85
5,491.36
1,870. 24
4,701.06
47. 52
101,191. 30
4,980. 23
21,731.52
2,431.14
100
i, 500
- A minus sign denotes decrease.
2
143
REPORT OF TH..K COMPTROLLER OF THE CURRENCY.
SCHOOL SAVINGS BANKS.
Statistics compiled by the savings-bank division of the American
Bankers' Association, shown by the statement following, indicate
considerable progress in this activity.
In the school year 1922-23 the number of towns in which school
savings banks were in operation was 401, the number of school buildings in which these banks were operated was 6,861, the enrollment
was 3,058,435 but the actual number of school children participating
was ] ,952,392, and the collections amounted to §10,618,662.73.
The figures for the school year 1922-23, compared with those for
the previous year, show an increase of 121 in the number of towns, an
increase of 2,076 in the number of school buildings, an increase of
656,785 in the number of participants, and an increase of $4,884,346.63 in the amount of collections.
School-savings Ixrnk'nuj for Ihc school year 192-2-23.
[Compiler! by savings-bank division, American Bunkers' Association.]
Number.
School
I Towns.ibuiblinjis.
.Maine
New Hampshire.
Vermont
Massachusetts...
Khode I s l a n d . . . .
I
3
3
45
4
19
Tola I \ e w F.ngland S t a t e s . . . .
75
New York
New Jersey
^
l y i
Delaware;
Maryland
District of Columbia...
33~
24
70
1
Total
Kasiern
.Si ales
Knrollmenl.
Participating.
2, 6S3
216
29
T
o
25
59s
2i()
233
1,111
007
224
741
31
3S7, 124
j
540,349 i
124. 785 i
314.775 :
13.517 '
IJ)57 '
.".S, -Vit
l,fiS3 [ 1,033,017
Virginia
West; Virginia . . .
North Carolina..
South Carolina ! .
Georgia
rioiidaAlabama 1
Mississippi
Louisiana
Texas 1
Arkansas
Keniiie.ky
Tennessee
109
50
57
184,056
1,536,900.9! j
10,136.98
37-1, .154
[,•109,286.30
10,467.54
929,201.55
569,858.62
3,316.85
614,255.52
l,S95,S30.99
30. I5S. 10 2,561,111.43
00, 2S0. 25
' 50. 25 i
5S.S9S. 84
2,960.00
2.85
970. 8r>
57, S40- 52 I
!
74,906
242, 777
11, 719
500
15.947
'20,033
1,002,00^.74;
02
29!909
22. 777
42, 771
25,090
S30
34, 105
Tola! Somhern
Stares
707
s,.s92
49.150 ,
30.331
4, sOi
41.*75
29.073
59
.15
Illinois....
Michigan..
Wisconsin.
Minnesota.
I owa
Missouri...
s<) 459. 24
122,822. 12
40,311. 82
395. SI.
S7, 073.02
2,734.70
030.95 I
;
), 710.23
9, 67S. 05
105, 120.90 I
i 23,075. 04 j
2, 137.33 |
1,431 i6 |
I'J 1. s.V». 49
I55.S65. OS
71l.3!i.7f)
7, 139.21
303, 1
217,705
591
279,00S
OS. 309
13s',55f> •
i 28, 371
70,001
125,480
0s, o ; I
»>
00.572
J99. 177
44', 026
104,480
93S.9!>7
0 3 3 . 3 0 7 . 3 , 2 2 2 , 3 9 2 . 9 9 : r-l.S23.77
37 •
3 17
231
30S
142
SI
Total Middle.
Western States
(7
1
No reports.
2.283
11, 049
50,002
93,002
41.589
21. 57(i
2
1.444,073.43
I. 60S S6 j
I, 122.09 :,
410.00 :
597
Ohio
• I 0,515.77
S
4,991.61
1,022.56
656,390.27
473,640.04
297.507. IS
40.995.59 | 1,197,444.19
s\70!.97 i
• •">!
2,794 !
47,053 j
150
15;
•S35. 13
45. 9S
143,930.06 i
121,620.97 !
44, OSS. II I
904 .
Bank
balance June
30, 1923.
5,300. 9S
2, 167. M
2.5s7. 75
19,20! !
7 I
it !
9 |
Interest
credited.
S9,011. 33
15, SI 6. 74
11,357.57
524,016.98
561,546.43
415, 151. S6
650
SO, 553
54,704
45, 220
220 80S
6-1.94.1
;o"2
Colled ions.
s2. 25
1.028.974. 37 ; 1 .">, 001. 70 1, 172, 779. 84
' 230', 982. S5
3.002. 35 :
275,977. 52
014,010. 73
4, 50'.). 07 i 580,500.54
• 347. mi.48
. •'" — ' '
5.09S.01 ; 401,()09.09
;
2.021.41
292.721.80
30 L 535. 01
33S. 950. 27
2S,71S. 15 ! l , 0 9 i ; 175. 50
'234'. 835. 52
3.705. 17
210,110.14
125. 230. 73
S47.(U
82,190. 15
No system ojx-r:'tintr.
4,203.151.70
144
REPORT OF THE COMPTROLLER OF THE CURRENCY,
School-savings bunhlng far the school year 1922-23—Continued.
State.
School
Towns. buildings.
North Dakota 2
South Dakota 2
N obraska
Kansas 3
Montana ...
"Wyoming
Colorado ..
New Mexico
Oklahoma.
Enrollment.
Participating.
S225.039.62
71' 719.31
32. 50
27. *""•
215. i;9
320. 8L
3,258. 70
3.149. 84
H , 773.00
265,361.65
•1, 101.08
318 ; 201.31
143,109.75
1 282. 03
703,231. 30
•17. 2M. 20
125,620.66
1 OS!). 03
S16.215.0l
S17,626.68
47, .^47. 76
942.95 i. 70
1,952.392 10.618.662.73
184,614.99
l i . 811.270.58
63
90
39,940
34 500
20,797
25' 526
<>
•(
>
2S
10
32
905
3 015
2. 2>3
19 313
3 398
'812
10,953
232
J 00.0*2
61. 186
75,102
1
17
iO3
4
838
219.6^7
40,!06
960
88,619
Total
Pacific
States
20
1,005
29G, 075
135,745
Total
United
States
491
0,801
::. 05>:. 135
3
Total Western
Suites
,s
Washington...
Oregon
California
Idaho a
V tah 2
Nevada 2
Arizona x
IS
1
No reports.
Bank
balance June
30, 1923.
32,902.05
1 192. 99
2
'?
Interest
credited.
Collections.
2
$135,291.55
88 638. ;$(}
880. 95
10,005. 17
2, 1 7K 82
28, 366. 80
No system operatiag.
SAVINGS BANKS IN PRINCIPAL COUNTRIES OF THE WORLD.
The population of the foreign countries listed; number of depositors, amount of deposits, average deposit account, and average deposit
per inhabitant in savings banks on specified dates is shown in the
statement following, compiled by the Bureau of Foreign arid Domestic Commerce, Department of Commerce, and supplemented by data
at command of the comptroller's office with respect to tho.se banks
in the United States and possessions:
hanlcs, including postal sarinya hatihs, number of dcposi/orx, awo-iinl of (jfepftwls, arera.f/e deposit* per deposit, account and per viihabthmJ, by
specified ena/iilricx,
[Source: Official reports of the fe.-peciivc countries.!
Populai.ion.1
Country.
Dale of
roport.
j
j
Number of i
depositors, j
Form of organization.
I deposits.
! habitant.
.i
i
Argentina
Austria
I
j
Belgium
i Jra/.ii
Huiguria
Chile
Czechoslovakia
Denmark
j
|
;
>
|
Finland . . .
France....
Algeria
Tunis.
r.ormauy • .
>
Hungary..
Italy
!„,„,,
l>an
Formosa
Chosen
"Wiliori'i-wU
IsethGrlands
Dutch ICasl Indies
Dutch (iiiiana
Dutch West Indies
Konvuv..
P(»luii(f...
Ja
J
:
i
'
j
;
i
Spain
Mi
'
1
s.009.000 ! Dee. 31.1921 :
922 I
021
7.400.000 ; Dec. '.it, 92.0
30.030. 000 i Dec. 31.
-i.KOI.O'M) ! IK
i 9 000 Msir. :i|, 102:
'. si9.0 0 j jM
i<\ IMIH. 000 I >.•('. 3i. 1922 I
Mur. 31, L020 j
;{'.2(is.oiK)
i:;, ,).;j.(jou ; O c t . 31, 1922 ,
Postalsavings banks
Coii-munai a n d p r i v a t e savings b a n k s 2
"Postal s a v i n g s b a n k s .
C s o y e n n u e n t s a v i n g s ha n k s
F e d e r a l s a v i n g s I>ui iks
gs h
C o m m u n a l a n d j n i v n i e savings b a n k s
Cumimuii 1 l a n d corporate, savings b a n k s
Postal s a v i n g s bunks
-> *o-> ,«.„ / D e e . 3!..102! ! P r i v a t e s a v i n g s bank;3. 4(..>. 0(».) ^
_({o
i p{)S.tai s a v i n ? , s b a n k s
..„ 0 , n n n n / D e c . 31. 1920 j P r i v a t e s a v i n g s b a n k s
"5" • - ' - t U J .\Dee. 31, 1021 | Postal s a v i n g s b a n k s
5.501.000: i)'.c. 31.19IS I Municipal s a v i n g s \ni r-ks
1.953, 000 I Doe. 31, 1920 ' Postal s a v i n g s b a n k s
50.378.000 j .iiii.-e 30 1022 j ' P u b l i c a n d corporal'. 1 s a v i n g s b a n k s
7, 95 lj 000 ! Dee.. 31,1022 I Postal s a v i n g s b a n k s
.'
f
•K ^>>" n\Mi /
^°
I C o m m u n a l a n d c.orpnrute savings b u n k s
'" • l i " ) - u l •' |
do...
, Post n! s a v i n g s b u n k s
-- !.«•. nnn /Dee. 31.1920 I Private savi;igs banks.
;) ) jn
' - "' 0 "° ; \Mar. 31,1921 j Posit:! savings banks
3. 055.001)
do.!
:
do
17,204,000. Mar. 31,1922 ;
do.
f p r : . ) ' ) ! ! ' " 1 ' 0 - 31, 1920 | Priviite savings banks
g
t>, J, /. vKH) ^ J)( , {I> .^ ][)2]
Postal savings brinks
P r i v a t e sav.i ngs b a n k s
47,204,000 !
31,10!9 Postal s a v i n g s b a n k s
do..
05,000
.do
."
do.
50.000 L
.do.
2.032.000 |
31.1920 Comnmna I and. "pri va- e .sa v.i i :gs ! >;i ii k s .
27.179. 000 ;
31.1022 Postal s a v i n g s banks
3!.. 1920 P r i v a t e savings b a n k s
3 i. 192i
Postal s a v i n g s b a n k s
31. 1920 C o m m u n a l a n d trustee savings b a n k s .
5.954,000
31. !92i.
Postal s a v i n g s bunko
T)ie figures for populalion are lor i!u> iH-aresr d a t e t o winch the s t a t i s t i c s of savings b a n k s r e l a t e .
2 I >ata for 19 s a v i n g s b a n k s which held -i-t p e r ceiii of IJIC UJLUI savi ngs for all b m k s in 1020.
2.43s. 124
:* 5O7.S72
JL4J
]•'>, 3.X!). 5(M)
j.
j
.1
i
|
i
101,057
121." 6S3
S. 755, 194
7,002,519
20.511
I. Mi, 000
2()'.26-f. 'M\
770
2WJ.201.42:'.
0,11$, 049
22. 170. Am
U557, 509
:m.«07.4I3
2i9:wrfios
8S5'.
930,
i:?9.920.
4.031 293
434; 126; 1.00
121,200, ooo
199,f)2t>', 705
12.120.92S
•12S, 1.09. 37."
3.50S. 84S
414, 792
1.3S3.0SS '
S'. 102. 352
'53.434. 905
(HO. S07
lOi.-SH), 410 !
1.91], MW
2. 050'. 642 i
8.173
5 *?25 950 '
|S2',34S
550
12.S05
•in, 920
4. S0(i
770 ;
1.097.04S
32(>, -ill. 570 i
X4ii j
93,057; IIS !
354, 870
10,001. ftOO '
2,270.31.8
JOi] 197, 72-; i
072.901
25.2S9,
;!
D a t a for lio'nemia, M'oraviu. u u d Silesia
* KxejiLsive oi" !iruns\vi(;k.
!
!.
j.
'.
;.
|
!
i
H
$1.19
.12
.03
751,-H4 : .
177.201 ;
21.00 ;
171.42
(50. 50
12. 40
13.K2
39. 38
31. 05
•13.10
237. 55
i
0. ss
20.00
SI. 40
. 45
G- 00
. 40
8. 79
5. • >9
.16
.47
2.30
~>l
n. is
1G.06
17.76
S. 46
5. SO
102.35
51.74
212.02
Q
10.92
3. 57
7. 65
*.47
9. 00
15.02
. 05
C
hj
H
K
c
M
H
S
r-3
c
c;
2'A. 06
32.14.
IX 10
I92.3J
92. 03
45.24
44. 57
37. 5S
only.
4] 33
1. 59
m.02
.01
4.36
.75
17.00
•1.25
'A
Savings banks, including postal savings banJin, number of depositors, amount of deposit*, average deposits per deposit account and per inhabitant, by
specified countries,—Continued.
Population.
Country.
|
!
I
Canada
Union of South Africa
British West Indies
British colonies, n. e. s
j
!
!
i
Total, foreign countries
United States and possessions
Philippines
: 795.305,000 •
j 7 112.950,. 000 '
i 3 10,750.000 .."
i - •)£•••« (vv\ • 7 v > ° v . 2 0 . 1 9 2 0
• . . • . j i ^ . i h h ) , - | { ) o c _ s i 1 1921 ;
2-16.946.000 i ' M a r .
. Go"), 000
Dec.
31.1921 •
31. 1922 j
if Mar. 31, 1922
.240. 000
!\....cio..;
192(7
;., ooo if Mar. 31, .1922
\Mar. 31,
929 ooo Mar. 31.; 1921
S67, 000 1919-20..
412, 000 19.19-20..
j 919,005,000 i
Number of
depositors.
Form of organization.
:>. SSG. 000 j Dor. 31.191.x
Switzerland
United Kingdom
British IndiaAustralia
New Zealand
Grand total
'
Date of
report.
2. .",87
2,2tiI.
17.717,
l.S77.
3.49i;
678,
Communal and private savings hanks
Trustee savings banks
Postal savings banks
do
d
Government and private savings h a n k s . . . .
Postnl savings hanks
Private savings hanks
Postal savings hanks
Dominion Government savings hanks
Postal savings hanks
Government and post-oflice savings h a n k s .
do..
30S.
99.
292,
f»; ™ : Postal savings bank.
do
[
$196 732,891
260. 918.1 is
1.112. 706,517
59. 441.646
7:>8, 396, 753
191, 943,364
17.150,896
28.879.612
9,350'. 808
964,037
476. 855
681,398
102,21.2, 135
417,902
13.340,332
lf>8,557
6.669.688, 170
131,671, 300
7.897,909 000
2,718,120
104.
97,
;
(
Deposits.
;
i 116, 128,926 \ 11.701.986,590
;
S191.20 !
115.36 :
62. 80 :
31.65 j
217.20 j
282.71 I
164.29 !
297. 26
87.51
55.11
46.83
6
S127.S3
23! 54
.24
131.59
151.79
\\. 20
1.07
3. 89
2.93
. 35
17.14
8.39
1.17
69.92
. 25
126.60 !
o
16.00
52 27
315 08
592 03
7
Kxelusive of Philippines. Estimated by Government actuary.
•' Kxclnsive of the population of the feudatory States.
s
(i
Calculated on savings for which the number of depositors is shown.
.Information *.
, , , ^ , 1 ^ ^ . . , from .Bureau of Insular Affairs, War Department.
ay
NOTE.—The foreign units have been converted at the average rate of exchange quoted on the day of the report
report.
a
a
j
KhLFORT O F T 1 1 U C-O-MJ'TllULT.Kll O F TI.IK
147
CUKRIOXOY.
EESOURCES OF LEADING FOREIGN BANKS OF ISSUE,
Since Juno 30, 1922, the 'aggregate resources of 21 leading foreign
banks of issue, converted at par of exchange, have increased from
$210,000,000,000 to $6,344,000,000,000, or nearly thirty fold, while
the aggregate resources of these banks, converted to United States'
dollars at the rates of the day, on or about June 30, 1923, show a
reduction of about 11 per cent, or from 810,947,000,000 to
S9,766,000,000. This reduction is due primarily to the enormous
depreciation of the German mark, and in the second place, to the
depreciation of the Austrian, Hungarian, and. Greek currencies,
which has taken place during the year.
The following statement prepared by the Federal Reserve Hoard,
shows the total assets of leading foreign banks of issue on or about
Juno 30, 1923. This statement includes the Russian State Bank,
which was not included in the figures for 1922, and therefore was not
taken into consideration in connection with the statement in the
preceding paragraph.
Total o.wts of principal ventral banks about June •'>'•), 1923.
[In .hoi i sands of local currency and dollars.!
Bank.
•
i
Total .
linto i assets
Toml assets of ex- Icon verted
:
onverted change j a 1 rate
e
of exon i of excurrency. ; Total assets, j'change. at par of
!
given jic-haiijre on
e
exchange.
date.
given
! dale.
i Crnts. I
Cmt*. \
I 1923.
20. 20' 1,3
:v o. ooi i!
Austrian. National Bank.; June 30 Kronen
I.S21.4.V2.779
7,31."
Bank of Belgium
i J uno 2S Francs
J, 117, 733. 5. 2200J! 3S3, 419
] 9. 30
Chechoslovakian Ban k;i 152, 70S
101, 082
20. 20!
15.501.510'
2. 9801 !
Tune 30 \ Kronen
inj? Office
05S.102
115
371 17.5300.. .do
Kroner
20. M)j
Bank of Denmark
271,020
too. si 00 1 21sJ 915
June 27 ; Pounds
1,
Hank of ftii.uland
:?. 111.2S1
June 30 Marks
19! 3oi
407J 477 2. 7575.
Bank of Finland
11,259.911
7 903 103 0. 13001 0 529, 233
June 28 Francs
19. 30!
Bank of France
June 30 i Reichsmarks 29, 3.s<<, I si, 024 23. 82:7, (KM)) 502', 920
. 0000
tiorman Reichsbank
I70J 335
7,998, 480
233, 201
.. .do
' Drachmas...
19.30
Bank of Greece
1, 543, 707 2.9150
llunirarian Office of Note
J 99, 307. 000
•10,391, 7=i8
.011 1
do
• Kronen
20.20
Issue
'-% 72S
Banks of Italy, Naples,
•1. 7°9 913
•1.3900 I, 075, ^78
i'i 30
24,5O7,-I7S;
Lire
and Sicily..'
.do..
1.010, 11")
10. 20195
400, 199 39.2100
TSar.k of Netherlands
i .1 line -- Florins
185 s>9 10. 3700
'093.010
i'v.i, 515
20. SO:
Bank of Norway
I June 30 Kroner
22, 701.570
. 5059
115, 318
19. 30i
399, 353
Lei
Bank of Rumania
Jul,
\\ S()o' 3(57
. 0135
22 239
51.40;
:;.()21,SSS
(Rubles*
Russian State Bank
June 30 V Cher von tsi)
24(V 133 100.2577
•17.S:i() 511.00:
22T, on
837, 432
1, Tioj 121 11. 1900
.". 77% :iS2
19.30
"Bank of Spain
...do
i Pesetas
.. .do
, K ronor
229, 318
20. SO;
232, 177 2i>. 4700
Bank of Sweden
205,251 17.0300
19.30
1S7, 491
o
l-'rane
Bank of Switzerland
Bank of Yugoslavia
:Io
;. Dinars
95, 003
19.30;
1, •>79 1S1 1.0972
0' 751 •ISO (rV
854 131.0000
29, 097
: rounds
Reserve, Ban k of P e r u . . . ! . . . :lo
'*?,
1, 229, 374 48. x.9001 1, 205, 099
2 , 1(W» 1 4 7 49! shj
'1 >mik of Japan
'.. .i.lo
i Yen
:
153, 219
:>•»», -J10
40. 20j
Lank of Java
I...
Florins
.158, 472 3S. 8750
To; a I
!
I
;
hi terms of rubles of ihe 1923 i
•
•
i
!
S. 155,379.797:
i
'
I
to, o i l , 105
j
148
REPORT OF THE COMPTROLLER OF THE CURRENCY.
ASSESSMENTS ON NATIONAL BANKS TO PAY SALARIES AND
EXPENSES OF NATIONAL BANK EXAMINERS, YEAR ENDED
OCTOBER 31, 1923.
Amount on hand Nov. 1, 1922
Receipis from Xov. 1, 1922, to Oct. 31, 1923
Expenses Nov. 1, 1922, to Oct. 31, 1923
Balance on hand Nov. 1, 1923
$1.84, 232. 81
2.161.105.43
— 82, 345, 338. 24
2.191, 312. 50
154. 025. 74
EXPENSES INCIDENT TO MAINTENANCE OP CURRENCY
BUREAU AND NET PROFIT DERIVED BY GOVERNMENT
FROM TAXES ON NATIONAL AND FEDERAL RESERVE BANE
NOTES, FISCAL YEAR ENDED JUNE 30, 1923.
There was a reduction of $1,192,100.30 in the expense incident to
the operation of the Currency Bureau during the past fiscal year as
compared with that incurred in the previous year, the total cost for
the period ended June 30, 1923, being §5,220,751.46, while that for
1922 was $0,418,911.70, exclusive of some large items of expense
paid by the Federal reserve banks for insurance and postage on shipments of Federal reserve notes and Federal reserve bank notes and
not included in the figures for that year, which would have increased
the expenditures more than 8200,000.
This reduction of §1,192.100.30 in the cost of operating this bureau
during the past fiscal year shows a saving of §707,000 to the Government and $484,500.30 to the banks. If, however, the items of expense referred to as having been paid by the Federal reserve banks
during the fiscal year 1922 had been included in the 1922 report, it
would have shown an increased saving of that amount to the banks
this past year.
Of the $5.220,751.-10 expended for maintenance of this bureau,
$4,21 4.290.47 was reimbursed by the National and Federal reserve
banks, leaving a balance of $1,012,45-1.99 paid by the Government.
Of this latter sum, 8741,944.99 represented the cost of paper and
printing of national bank notes, while $229,370.60 was paid for salaries; §35,902.72 for printing, binding, and stationery; §4,300.74 for
light, heat, telephones, telegraph, furniture, labor-saving machines,
etc., and $809.88 for supplies and repairs to the macerator.
The items represented by the $4,214,290.47 reimbursed by the
banks were as follows: Salaries, $100,978.20; general expenses, $2,899.30; plates, paper, and printing of currency issued, 81,572,130.02;
expenses on account of national bank examining service, $2,145,391.85; postage on shipments from Washington of national bank
notes, Federal reserve notes and Federal reserve bank notes, $174,871.07, and $158,019.37 for insurance on those shipments.
The saving to the Government of $707,000 is accounted for as follows: Salaries, $7,132.36; general expenses, $2,750.39; paper and
printing of National and Federal reserve bank notes, 8097,771.25.
Of the $484,500.30 saved to the banks, there was a decrease of
$35,447.20 in salaries, $419.72 in general expenses, and 8827,952.55
in the cost of plates, paper, and printing of bank currency, or a total
gross decrease of $803,819.47. There were increases as follows:
Salaries and expenses of national bank examiners, 8200,235.44, and
postage and insurance on shipments of bank notes, $179,083.73, or a
REPORT Or THE CO-MPTROLLiiR OF THE CURRENCY.
149
total gross iiKTcase of 8^)79.319.17. leaving a not decrease of §484,500,30.
The revenue resulting from the tax on National and Federal reserve bank notes was 81,144,173.02. of which sum the national banks
paid S4,030.33().30 and. the Federal reserve banks 8113,837.32. Deducting from this sum the entire expense paid by the Government for
the maintenance of this bureau, amounting to 81,012,454.90, there
remains a net revenue of 83,131.718.03.
An itemized statement of expenses incident to the operation of this
bureau during the fiscal year ended June 30, 1923, follows:
Expenses incident lo riurnil nuance of (''urrnu-y Bureau and net profit derived by G'orernnient frorii la-yes on J\a.ti<rn.af and Federal reserve h<n\k nolcs, fiseaJ year ended
June SO. 10':A.
ap
tio. l . > n a "
Salaries:
Regular roll, including bonus and. retirement fund
$220. 370.00
National currency reimbursable roil, including bonus |
and ret irement fund
'.
!
:
Federal Reserve Issue and Redemption Division, includ- |
ing salary of comptroller as member of Federal Reserve
Board.
Insolvent National. Bank Division.
T o t a l salaries
General expenses:
Printing a n d binding
iStationory
A m o u n t e x p e n d e d f o r l i g h l . lioal. lelepljoiio. r o i e p - a p b .
f u r n i t u r e , l a b o r - s a v i n g machines, e t c . . parilaliy e^iimaved
.\
'
*
Special e x a m i n a t i o n of nali:)nul b a n k s . re|»airs t o inacciator, etc
Conrinjrent e.\i)en?es, Rederijp.tioii D h i s i o n , !'or ligtn.
h e a r , furnii n r e . e t c . (reirnbiMrabl' 1 ')
Tola! nenorahwpenses
Currency issues:
National-bank notes---
ID: 710. 27
!
i
j
!
j
j
j
|
|
!
'
27.7*7. 20
S, 17">. i:i .
'
:
S'W. SS
:
•
i'-> '
4-1,0,^.(51
;
:
54. " 7> 00 '
>( .
;
:
'..:'> 14.31 r>.<>0
'
2. I4."i..'i91.sr>
Sd,373.2o
!
'
•
:
<»4.4O7. S2
,
-17.004- 37
;
• ! 10.32."). (V)
1,012,454.v.{) •
'....'.
4.214. 200. 17
-..'....'.
Tax paid bv national banks on •.•in-uhuinjr notes
Tax paid by Federal reserve banks on Federal reserve bank notes
Total
Total expenses of Currency Bureau paid from congressional approprial ions
'AM.
.
:
:
Piates. print in jr. eic.
ToiaVcunvncy issues
;
Expenses on account of national ban!,' examining servi-r .
paid by banks
'
Postage on sh!:/men!.s of national bank notes.
Postage on shipments o.f Federal reserve notes and l-'ederal ;
reserve bank note;;
|
fiisuranee on shipments of national batik notes
Insurance on shipments of Fedora! reserve uoves and Federal
reserve bank notes
N'et nrofit to (loveri'.ment from ta\o.- on ciiviilaiion
$W0.:{,".k 92
i.030. is
9M2.09
-1.'M\Q.7!
Plates (reimbursed^
Federal reserve notes—
Total expenses paid from appronrhiiion-i
Total expenses reimbursed by bunks
Total expenses
*
87">, M.">. V
2,311,0*1.01
2, l-l."».:%DI. S>
"
' K0?373.2r>
<>I. -1<»7. S2
17.001. 37
\ i0, 3:?o. 00
o.22(J. 7.">l. 10
81,030.330. 30
113', S37. 32
4,141, 1 73.62
1/^12, -154.99
3,131,718.63
150
REFOHT OF TiiJ:: COMPTROLLER OF THE CURRENCY.
CONCLUSION.
The operations of the Comptroller's Bureau may be separated into
those which are carried on in the city of Washington and those of the
examiners in the field. There is a necessity for the exercise of independent judgment and freedom of action on the part of examiners
operating at distant points, and the office is, at the present time,
devoting thought nnd effort to improving the liaison between its
Washington office and the field examiners. It is not contemplated
that the authority of the men in the field should be circumscribed,
but, on the contrary, that their usefulness may be supplemented by
increased support and a sympathetic comprehension of their problems by the bureau in Washington. The field examiners have been
aggressive nnd indefatigable in their efforts to render assistance to
the national banks, and their unselfish devotion to this purpose has
been a powerful constructive force in the welfare of the national
banks of the United States.
Both in current operations and in matters of policy the principal
function of any individual who holds the office of Comptroller of the
Currency is that of a coordinator, and while he should be personally
held responsible in large measure for any deficiencies in the operation
of the personnel which composes the bureau, it would be entirely
unjust to attribute a very great measure of its successful operation
to his effort. At the present time there are three deputy comptrollers
under whose direction the major operations of the bureau are carried
on. Mr. Willis J. Fowler has brought to his work the experience,
knowledge, and judgment derived from 35 years' connection with
the bureau. Col. J. W. Mclntosh has been responsible for the carrying on of very import ant phases in the operation of the bureau, and
has given it the benefit of wide banking and governmental experience.
Mr. Charles W. Collins has rendered the department and the national
banks of the country great service by his constructive review of the
legal features of the operation of the bureau and the banks.
It is impossible to extend any detailed acknowledgment on behalf of the bureau to the many employees, in both executive and
subordinate positions who, in many cases, with inadequate compensation have rendered devoted and invaluable service to the Government and to the banks.
Respect fully submitted,
HENRY M. DAWES,
Comptroller of the
To the SPEAKEK OF THE HOUSE OF REPRESENTATIVES.
Currency.
EXHIBIT A.
DEPARTMENT OF JUSTICE,
Wash'tMiton, OctoberS, 1923.
SIR: I have your letter of August 30, 1923, requesting my opinion
on the power of national banking associations to open and operate
offices at places other than their banking houses for the performance
of such routine services as the receipt of deposits and cashing of
checks for their customers. You request to be advised whether—
(1) Assuming that a national banking association is without power to establish and
maintain a branch bank for carrying on a general banking business, lias it the corporate power to open and operate an office or offices at a place or places other than its
banking house for the performance of such rouiine services as the collection of
deposits and cashing of checks for its customers?
(2) If a national banking association has the corporate power to open and operate
such an office or offices, must they be localed within the city limits of the place designated in the organization certificate of the association as the place where its operations of discount and deposit would be carried on?
The statutes relating to national banking associations, so far as
they are material to our present inquiry, are sections 5133, 5134 (par.
2), 5130 (pars. 6 and 7), and 5190, Revised Statutes. The material
parts of said statutes read as follows:
SEC. 5133. Associations for carrying on the business of banking under this 1 it 1 e
may be formed by any number of natural persons, not less in any case than five.
They shall enter into articles of association, which shall specify in general terms the
object for which the association is formed and may contain any other provisions, not
inconsistent with law, which the association may see fit to adopt for the regulation
of its business and the conduct of its affairs.
SEC. 5134. The persons uniting to form such an association shall, under their hands
make an organization certificate, which shall specifically state:
*•
*
-fr
tt
A-
-*
-X-
Second. The place where its operation of discount, and deposit are to be carried
on, designating the State, Territory, or District, and the particular county and city,
town, or village.
SEC. 5130. Upon duly making and tiling articles of association and an organization
certificate the association shall become, as from the date of the execution of its organization certificate, a body corporate, and as such, and in the name designated in the
organization certificate, it shall have power—
*
*
*
•*
*
*
-x-
Sixth. To prescribe, by its board of directors, by-laws not inconsistent with law,
regulating the manner in which the stock shall be transferred, its directors elected
or appointed, its officers appointed, its property transferred, its general business conducted, and the privileges granted to it by law exercised and enjoyed.
Seventh. To exercise by its board of directors or duly authorized officers or agents,
subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of
exchange, and other evidence of debt; by receiving deposits; by buying and selling
exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes, according to the provisions of this title.
SEC. 5190. The usual business of such national banking associations shall be transacted at an ofiice or banking house located in the place specified in iti organization
certificate.
The provisions of section 5190, Revised Statutes, as to the place
at which the usual business of the bank shall be transacted refers to
the city or town in which the bank is located and not the particular
72396°—24
11
151
152
REPORT OF THE COMPTROLLER OF Till-
CURRENCY.
place within the city. (McCormick v. Market Nat'l Bank, 165 U. S.
538, 549.)
National banks have only those powers specified in the national
banking acts, and such other powers as are necessarily incidental
thereto. (McBoyle v. Union Nat'l Bank, 122 Pa. 458; First N a t l
Bank v. Nat'l Exchange Bank, 92 U. S. 122, 127; Lo^in Co. N a t l
Bank v. Townsend, 139 U. S. 67, 73; Billiard v. Bank/lS Wall, 589,
593.)
In Bullard v. Bank, supra, the Supreme Court said:
The extent of the powers of national banking associations is to be measured by the
act of Congress under which such associations are organized.
In Logan Co. National Bank v. Townsend, supra, the court said:
It is undoubtedly true, as contended by the defendant, that the national banking
act is an enabling act for all associations organized under it, and that a national bank
can not rightfully exercise any powers except those expressly granted by that act,
or such incidental powers.as are necessary to carry on the business of banking for which
it was established.
It is to be observed that section 5190, Revised Statutes, relates to
the "usual business' which, in my opinion, is to be construed the
general banking business usually conducted by national banks.
There is no statutory requirement that all the business of a national
bank shall be transacted at the genera! office or banking-house of the
association. •
In my opinion, a national banking association may establish in the
city or place designated in its certilicate of organization an office or
offices for the transaction of business of a routine character, which
does not require the exercise of discretion, and which may be legally
transacted by the bank itself. It may not, however, establish a
branch bank to do a general banking business such as is usually done
by national banks. The establishment of such a branch would be
illegal, and subject the offending bank to the forfeiture of its charter.
(29 Op. 81.)
It seems to be the intent of the national banking act that the
business of banking ordinarily transacted by a national banking
association shall be performed in the city or place designated in its
organization certificate.
It has been held that a national bank can not make a valid contract
for the cashing of checks upon it, at a different place from that of its
residence, through the agency of another bank. (Armstrong v.
Second Xat'l Bank, 38 Fed. 883, 880.)
While national banking associations may exercise all the powers
expressly given them by the statute, and such additional powers as
may be necessary to carry on the business of banking, the manner in
which the powers may be exercised are subject to the supervision of
the Comptroller of the Currency. Should the comptroller, in the
exercise of his supervisory powers over national banks, ascertain that
the directors or officers have knowingly violated or are violating the
national banking laws, he may proceed against such association, its
officers and directors, as provided by section 5239, Revised Statutes,
which reads as follows:
If the directors of any national banking association shall knowingly violate, or
knowingly permit any of the officers, agents, or servants of the association to violate
any of the provisions of this title, all the rights, privileges and franchises of the association shall be thereby forfeited. Such violation shall, "however, be determined and
HEPORT OF THE COMPTROLLER OF THE CURRENCY.
153
adjudged by a proper circuit, district, or territorial court of the United States, in a suit
brought for that purpose by the Comptroller of the Currency, in his own name, before
the association shall be declared dissolved. And in cases of such violation, every
director who participated in or assented to the same shall be held liable in his personal
and individual capacity for all damages which the association, its shareholders, or
any other person shall have sustained in consequent of such violation.
Answering your specific questions, I have the honor to advise you
as follows:
First. National banking associations have the power to open and
operate offices at places other than their banking houses, within the
place specified in their organization certificate, for the performance
of such routine services as the receipt of deposits and the cashing of
checks for their customers.
Second. National banking associations have no authority to open
offices for the purpose of receiving deposits, paying checks, etc., outside of the limits of the city or place designated in the organization
certificate as the place of its operations of discount and deposit,
Respectfully,
II. M. DAUGIIEKTY,
Attorney General.
The honorable the SECRETARY OF THE TREASURY.
REGULATIONS OF THE COMPTROLLER OF THE CURRENCY RELATING TO
ESTABLISHMENT OF ADDITIONAL OFFICES BY NATIONAL BANKS.
1. Under the authority of the national bank act, as construed by
the Attorney General in opinions rendered on May 11, 1011, ami October 3, 1923, respectively, the Comptroller of the Currency will permit national banks, under the conditions hereinafter set forth, to
establish one or more additional offices.
2. A national bank will be permitted to establish such an office
only in a city in which other banks are engaged in, and under existing
law or regulation are permitted to engage de novo in, banking practices which make it necessary for the national bank in question to
operate such, an office in order effectively to conduct its banking
business.
3. National banks will be permitted to establish such, offices only
within the limits of the city, town, or village named in its organization certificate as the place where its operations of discount and deposit are to be carried on.
4. A national bank desiring to establish and to operate one or more
additional offices shall make application therefor to the Comptroller
of the Currency on a form prescribed or approved by him. in which
shall be set forth, among other things, the following:
(a) The number of offices and the proposed street location or
vicinity of each.
(6) A statement of the condition of the applying bank as of the
date of application.
(c) The number of banks with branches or additional offices in. operation in said city.
(d) A statement of the facts and conditions which, in the opinion
of the board of directors, make it necessary for the applying bank to
establish the proposed office or offices.
5. Each application for one or more additional offices shall be accompanied by a certified copy of a resolution of the board of directors
154
TiEPOET OF THE COMPTROLLER OF THE CURRENCY.
showing that such application has been submitted to and approved
by the board.
6. After the comptroller has approved the application of a national
bank for one or more additional offices and before such office or offices
are opened for business, a statement shall be transmitted to the
comptroller showing the street location, the purchase price paid,
the annual rental cost, and the cost of equipment for each such office.
7. Operations of additional offices of national banks established
under these regulations shall be confined to the receipt of deposits
and the payment of checks and other such routine or administrative
functions.
8. No investment in bonds or other securities for the account of
the bank shall be made at any such additional office.
9. No loan or discount shall be made to any customer of the bank
through any such additional office that has not been authorized at
the banking house by a resolution of the board of directors, or by an
appropriate committee of such board, or by an officer or officers
acting under authority from such board, and no general authority
issued by the board of directors shall vest in any officer or employee
at such additional office any discretionary authority with reference
to making such loans or discounts.
10. A statement of the business conducted at such offices shall be
transmitted to the banking house as of the close of business daily,
shall be incorporated on the books at the banking house at regular
intervals, and shall enter into all statements of the condition of the
bank.
The following form letter accompanies each copy of the foregoing
regulations when they are sent to applicants for additional offices:
[Treasury Department, Washington.]
PEAn Sin: The Attorney General in an opinion dated October 3. 1923, has made the
following ruling:
"A national banking association may establish in the city or place designated in
its certificate of organization, an office or offices for the transaction of business of a
routine character which does not require the exercise of discretion and which may be
legally transacted by the bank itself. It may not, however, establish a branch bank
doing' a general banking business such as is usually done by national banks. The
establishment of such a branch would be illegal and subject the offending bank to the
forfeii ure of its charter."
In this connection the Attorney General further held that the manner of the exercise
of the incidental powers by virtue of which under the law national banks are permitted to establish such offices must be exercised "subject to the supervision of the
Comptroller of the Currency/'
In the opinion rendered by Attorney General Wickersham May 11, 1911, it was held
that a national bank is not authorized under the national bank act to establish a
branch bank for the purpose of engaging in a general banking business; that the
establishment of such a branch would be illegal and would subject the offending
bank to the forfeiture of its charter.
This view is confirmed and restated in the opinion of October 3, in which Attorney
General Daugherty elaborates the earlier opinion by making a distinction between
the discretionary powers of a national bank (that is to say. the corporate powers of the
bank as exercised by its board of directors) and the purely routine or administrative
functions which may be performed by the bank employees. Upon this theory, while
denying to a national bank the power to maintain a branch bank in which the discretionary authority of the board of directors could be exercised, he held that a national
bank might establish an office or offices within the city or town in which the bank is
located at a distance from its banking house, and at or through such office or offices
the bank might perform routine or administrative functions, leaving the discretionary
authority of the bank to be exercised solely at the banking house.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
155
The right or power to establish such additional offices in the city or town in which
the bank is located, not being expressly authorized by statute but being an implied
incidental power, and the functions to be performed through such offices, in the opinion
of the Attorney General, being limited to routine or administrative functions, it is
necessary for the Comptroller of the Currency in the exercise of his general supervisory
powers to prescribe regulations in which are'set forth the conditions under which such
offices may be established and operated.
While the opinion of the Attorney General permits the Comptroller of the Currency
to afford a measure of relief to national banks in certain cities where local banking
practices have put the national banks to a disadvantage, he could not properly permit
such national banks to establish additional oflices without restriction, or in localities
where the other banks are prohibited from enjoying similar privileges. The establishment of such offices being an exercise of an implied power must be exercised only
where an actual necessity exists in each instance and only after approval by the Comptroller of the Currency.
Where a bank desires through such oflices to exercise particular administrative
functions not dealt with in existing regulations, an application should be made to the
Comptroller of the Currency for a special ruling.
With reference to applications to the comptroller by national banks for permission
to establish such an office or offices, the comptroller will not take into consideration as
a reason for his approval the fact that a bank has prior to making such application
invested funds in property for the purpose of securing a site or sites therefor.
The above-mentioned opinion of the Attorney General and the regulations of the
Comptroller of the Currency, to which reference is herein made, have no application
to branches of national banks acquired under the provisions of the act of March 3,1865,
by virtue of which a State bank, having branches, may convert into a national bank
and elect to retain its branches; nor to branches of national banks acquired as a result
of the consolidation of national banks under the provisions of the act of November 7,
1918, under which the branches of one or more of such consolidating banks, having
been acquired under the act of 1865 above referred to, may be retained by the national
bank resulting from such consolidation.
A copy of the regulations of the Comptroller of the Currency relating to the establishment of additional oTices, together with application to establish such office, is
inclosed.
Yours very truly,
HENRY M. DAWES,
Comptroller of th$ Currency,
APPENDIX
157
DIGEST OF DECISIONS RELATING TO NATIONAL
BANKS.
[Tho following hanking cases include cases reported in vols. 2.">S-2(>2, U. S. Reports, and yols. 2S2-29I,
Federal Reporter, together wiih two cases from the Atlanlic Reporter, four from I.he Pacific Reporter,
two from the Northeastern Reporter, three from the Northwestern Reporter, and two from Ihe New
York Supplement.]
CHECKS.
Collecting bank held entitled to charge back check on United Slate* Treasurer.
(U. S. C. C. A., 1922.) "Where collecting hank reserved right to charge
back " a t any time and unconditionally" checks on the Treasurer of the
United States, held, that it could charge back such an item to the bank
credited therewith, although over a year had elapsed since it was deposited, and such right to charge back was not dependent on the collecting bank's showing that the item was in fact a forgery and alteration, as
claimed by the Treasurer. (Closler National Bank v. Federal Reserve
Bank of New York, 285 Fed. Rep. 138.)
Bankruptcy—Bank paying bankrupt'* check n'ithout notice after filing of petition
not liable.
(U. S. C. C. A., 1923.) A banker who, after Ihe filing of a petition in bankruptcy but before adjudication, in good faith and without knowledge or
notice of the bankruptcy, pays the bankrupt's checks in the regular
course of business, is not liable to the trustee for the amounts so paid.
(Citizens' Union National Bank /•. Johnson, in re Kentucky Automotive
Co., 1923, 280 Fed. Rep. 527.)
Bills and notes—Telegram stating that check, was good did not bind bank to pay it.
(IT. S. C. C. A., 1022.) Where plainiifF yvired defendant, asking if the
check of a certain person on defendant's bank for $10,000 was good,
defendant's answer that the check was good did not amount to an agreement binding the bank to pay the check. (Flat-head County State Bank
c. First National Bank of Caledonia, 282 Yv(\. Hep. 39N.)
Bills and notes—Alleged acceptor of check by .separate instrument containing no
clear obligation to pay not liable.
(IT. 8. C. C. A., 1922.) Where the alleged acceptance of n. check is by a
separate instrument and contains no clear obligation to make payment,
there can be no recovery thereon. (Ib.)
When delivery of cattle to commission company held delivery to the consignee bank.
(I*. 8. Sup., 1923.) Where a bank was accustomed, through an agent, to
make interstate shipments of cattle to another bank in care of a commission company, sending its drafts on the commission company for the
purchase price, with bill of lading attached, to the consignee bank, with
instructions to release the cattle on payment of the drafts, and had ratified
delivery of shipments to the commission company before payment of
such drafts, and where, on making a further shipment, the direction in
care of the commission company was, by mutual mistake of the agent and
the receiving carrier, omitted from the bill of lading but at the command
of the agent was noted on the way bill, and the terminal carrier delivered
the cattle of this shipment to the commission company without surrender
of the bill of lading or payment of the draft, and the draft was not paid,
held, that the terminal carrier had a right to assume that delivery might
properly be made to the commission company, and that delivery so made
was delivery to the consignee bank; hence the provisions of the Carmack
amendment had no application. 225 S. W. 391 affirmed. (City National
Bank of El Paso, Tex., v. El Paso & Northeastern Railroad Co. et al.,
262 r . S. 695.)
159
160
REPORT OF THE COMPTROLLER OF THE CURRENCY."
COLLECTIONS.
METHOD OF COLLECTING CHECKS BY FEDERAL RESERVE BANKS.
A statute of North Carolina which authorizes State banks to charge exchange on
remittances and to remit for checks when presented by or through a Federal reserve
bank in exchange drafts on their reserve deposits is constitutional, (a) It does
not violate the provision which, prohibits States from making anything but gold or
silver coin tender in payment of debts; (6) it does not violate the due process clause
by depriving the Federal reserve bank of its right to collect checks, nor of its liberty
of contract, but is a valid exercise of police power; (c) it does not illegally deprive
the Federal reserve bank of equal protection of the laics; (d) it does not conflict
with the provisions of the Federal reserve act relative to check- collection.
(U. S. Sup., 1928.) Many State banks, in satisfying checks drawn upon
them by their depositors and sent through other banks for collection, were
accustomed to remit by draft on their reserves elsewhere and to make a
small charge, called exchange, deducted from the remittance. The Federal Reserve Board, and the Federal reserve banks, being forbidden to payexchange charges, but believing it their duty to accept checks on any
bank for collection and to make par clearance and collection of checks
universal tlirougliout the United States, adopted the practice of causing
checks drawn on State banks which refused par clearance to bo presented
to such banks at the counter for payment in cash. To protect North
Carolina banks from serious loss of income which would ensue from this
practice, both through reduction of exchange charges and through transference of income-producing assets to their vaults, the legislature of that
State enacted (Pub. Laws 1921, c. 20) that any check drawn upon a local
bank (other than check's in payment of obligations to the Federal or State
Governments) unless specified to the contrary on its face by the maker,
should be payable, at the option of the drawee, in exchange drawn on the
drawee's reserve deposits, when such check was presented by or through
any Federal, reserve bank, post office, or express company, or their agonts,
and, further, that State banks might charge a fee, within specified limits,
on remittances covering checks, held: (a) That the North Carolina act
does not violate the provision of the Federal Constitution, Article T7 section 10, clause 1, which, prohibits a State from making anything except
gold and silver coin a tender in payment of debts, (b) That it does not
deprive the respondent Federal reserve bank, without due process of law,
of its right to engage in the business of collecting checks payable on presentation, within its district (which it claims it may make a source of
revenue), nor of its liberty of contract, by compelling it to accept payment
in drafts, good or bad, and so driving it from that branch of business.
The statute is not to be construed as authorizing payment in bad drafts,
and is an exercise of police power not offensive to the due process clause,
(c) That it does not deprive the Federal reserve bank of equal protection
of the Jaws, by obliging it to accept payment in drafts, while leaving other
banks free to demand cash; since it was reasonable classification for the
legislature to limit the regulation to the particular existing condition
sought to be remedied, (d) That it does not conflict with duties imposed
by Congress on the Federal Reserve Board and the Federal reserve banks.
(Farmers and Merchants Bank of Monroe, N. C , et al. v. Federal Reserve
Bank of Richmond, Va., 262 U. S. 649.)
Federal reserve banks not required to receive checks for collection.
(U. S. Sup., 1923.) Neither section 13, nor any other provision of the Federal reserve act, imposes on reserve banks any obligation to receive for
collection checks for which it is impossible to obtain payment except by
incurring serious expense, as by presenting them by special messenger at
a distant place. (Ib.)
Checks on nonmember banks ll payable on presentation," received under Federal
reserve act, section 13, must be payable in cash or its equivalent.
(U. S. Sup., 1923.) In declaring that reserve banks may receive checks on
nonmembcr banks "payable on presentation," the Federal reserve act,
section 13, as amended, would seem to imply that the checks must be
payable in cash, or in such fimds as are deemed by the reserve bank an
equivalent. (Ib.)
REPORT OF THE COMPTROLLER- OF THE CURREXCV.
iGl
Federal reserve banks not required to establish a universal system of par clearance
and collection of checks.
(U. S. Sup., 1923.) The Federal reserve legislation does not impose on the
Federal Reserve Board or the Federal reserve banks a duty to establish
in the United States a universal system of par clearance and collection of
checks. (Ib.)
Member banks and, affiliated non-members permitted to make a limited charge, except
to Federal reserre banks, for "payment of checks and * * * remission therefor by exchange or otherwise."
(T. S. Sup., 1923.) The contention that Congress imposed this dwiy is
irreconcilable with the provision of the Hardwick amendment to section
13 (act of June 21, 1917, c. 32, sec. 4, 40 Stat. 232) allowing members
and affiliated nonmembers to make a limited charge (except for Federal
reserve banks) for "payment of checks and * * * remission therefor
by exchange or otherwise." (Ib.)
Depositor in nonaffiliated Stale bank may agree with his bank thai his checks p/mll
be payable at its option by exchange.
(U. S. Sup., 1923.) The Hardwick amendment in no way interferes willi
the right of a depositor in a nonaffiliated State bank to agree with his
bank that his cheeks in certain cases (unless otherwise indicated on their
face) should be payable, at its option, by exchange. 183 N. Car. 5io
reversed. (Ib.)
Federal reserve banks arc authorized to collect checks on rtonmemher bank* inJho>il
paying an exchange charge and in the absence of malice or coercion the collection
of such checks over the courtier violates no legal right of the drawee bank.
(I*. S. Sup., 1923.) It is within the statutory powers of a Federal reserve
hank to collect checks on. Slide banks within its district, which are not
members of the Federal reserve system, or affiliated with it through
establishment of an exchange balance, and which refuse to assent to
clearance at par, provided the checks be payable on presentation and
can in fact be collected consistently with the legal rights of the drawees
without paying an exchange charge. Loss of income resulting to country
banks from the excrcis-c of this right without malice or coercion, is damnum
absque injuria. 284 Fed. 42-1, affirmed. (American Bank « Trust Co.
&
et al. v. Federal Reserve Bank of Atlanta et al., 202 U. S. R. 643.)
Collecting bank may demand cash in payment of checks on other banks.
(I.'. 8. C. C. A., 1922.) A bank, receiving for collection checks on other
banks, may rightfully present such checks for payment in cash, whore
they are presented in. due course, with reasonable promptness, without
designed delay or accumulation and in proper manner. (American Bank
& Trust Co. et al. v. Federal Reserve Bank of Atlanta et ai., 281 Fed.
Rep. 424.)
Assent by bank to concert of action with others is not an assent, to adoption of illegal
'means.
(U. S. C. C. A., 1922.) That a Federal reserve bank joined with others in
the adoption of a policy of making bank checks collectible at par docs
not make it responsible'for illegal means adopted by other reserve banks
in attempting to enforce such policy. (II).)
Banks in different districts can not join in suit against Federal reserre bank.
(I". S. C. C. A., 1922.) Banks in one Federal reserve district can not join
with banks in another district in a suit against the reserve bank in that
district to enjoin alleged illegal practices. (Ib.)
Eride-nee held sufficient to warrant finding that bank was justified in p'-iy'iug out
funds on indorsement of plaint iff s branch officer.
(U. S. C. C. A., 1923.) Where a foreign company granted authority io tho
officers of its local branch to indorse and sign checks and make deposits t\s
its attorneys, of which it notified defendant bank of deposit, in ati action
by the company against the bank for the recovery of money embezzled
by one of the branch officers, evidence held sufficient to support a finding
162
REPORT OF THE COMPTROLLER OF THE CURRENCY.
that checks indorsed by such officer were legally received for deposit by
defendant bank, and that it was justified in paying out any funds so
deposited on checks signed by such officer and countersigned as required
by plaintiff's by-laws of which the defendant had notice. (N. K. Fairbank Co. et al. v. Canal-Commercial Trust & Savings Bank, 286 Fed.
Rep. 648.)
Injunction—Past conduct not threatened in future held relevant as indicating purpose of threatened acts.
(U. S. C. C. A., 1922.) In a suit to enjoin a Federal reserve bank from
presenting checks drawn upon a State bank over the Hitter's counter
for cash payment, on the ground that the purpose was to coerce the
State bank into clearing its checks at par, evidence of acts committed
by a former agent of the reserve bank in making such collections is
admissible to show the character and purpose of defendant's acts, though
that agent was no longer employed, and there was no threat to continue
in the future the wrongful acts committed by him. (Farmers' & Merchants' Bank of Catlettsburg, Ky., v. Federal Reserve Bank of Cleveland,
Ohio, et al., 286 Fed. Rep. 610.)"
Reserve bank can not present checks to State bank over the counter to coerce change in
method of business.
(U. S. C. C. A., 1922.) Even though a Federal reserve bank has a legal
right to present checks received by it over the counter of the State bank
on which they were drawn for payment in cash, it can not accumulate
such checks and make demand for payment thereof in an unusual manner
for the purpose of coercing the Slate bank into changing its method of
doing business by agreeing to clear its checks at par. (Ib.)
incidence held to shotv reserve bank was seeking to compel Stale bank to change method
of doing business.
(U. S. C. C. A., 1922.) Evidence held to show that the course pursued by
a Federal reserve bank in presenting checks drawn upon a State bank
over the hitter's counter for payment in cash was followed for the purpose of compelling the State bank to change its method of doing business
by agreeing to clear its checks at par. (Ib.)
Injunction—Delay in applying for relief held not to bar right.
(U. S. C. C. A., 1922.) A delay of a year and a half by a State bank in
applying for an injunction to restrain a Federal reserve bank from presenting checks drawn on the State bank over its counter for payment in cash
for the purpose of coercing the State bank into clearing its checks at
par does not defeat its right to relief; the delay being explainable as due
to a hope the practice would be discontinued, or as due to Federal court
decisions upholding such practice, which had been reversed by the Supreme
Court shortly before the suit was brought. (Ib.)
Collecting hank, unless specially authorized, may receive only money in payment.
(U. S. C. C. A., 1923.) A bank receiving a check for collection, unless
specially authorized, has no right to accept anything in lieu of money
in payment; and where it accepts in payment the check of the drawer
bank "on a third bank, when it might have collected in money, it does so
at its own risk, and is liable to the owner for the amount of the original
check. (Federal Reserve Bank of Richmond v. Malloy et al., 291 Fed.
Rep. 763.)
Payee, ivho deposited checks with one bank, could not sue other bank, with which
Jcrst bank deposited them for collection.
(U. S. D. C , 1922.) Payee, who deposited checks with one bank, had no
cause of action against other bank, with which they were deposited in
the usual course of business for collection; the payee and such other
bank being strangers. (First National Bank of Denver v. Federal Reserve
Bank of Kansas City, Mo., 283 Fed. Rep. 700.)
REPORT OF THE COMPTROTJLKH OF THE CURRENCY.
Ix
163
GENERAL.
Mortgagee entitled to waive tort and folioir proceeds of sale of property into hands
of bank knowingly receiving them.
(U. S. Dist. C , 1923.) Where chattel mortgagor delivered draft for proceeds of sale of mortgaged sheep to bank, with instructions to collect it
and send proceeds to mortgagee, but bank applied proceeds on indebtedness of its own, mortgagee could waive the tort and follow proceeds, to
extent of its claim, into bank's hands by suit in equity. (Columbia
Basin Wool Warehouse Co. v. First National Bank of Fair field, Idaho,
et al., 290 Fed. Hep. 2G0.)
Fads held to show collecting bank was trustee of proceeds collected.
(II. S. C. C. A., 1923.) Where a check, which had been sent to plaintiff
by a customer, was remitted through plaintiff's bank to another bank
for collection, with a letter stating it inclosed for return the following
cash items and instructed delivery of the documents only on payment
of drafts attached, the circumstances affirmatively show that the collecting bank became a trustee of the proceeds collected, and not that the
plaintiff consented to a relationship of debtor and creditor between him
and the collecting bank. (Spokane & Eastern Trust Co. r. United States
Steel Products Co., 290 Fed. Hep. 884.)
Courts—United States courts exercise ihdependentl judgmenl on questions of general
cominercial law.
(U. S. C. C. A., 1923.) On questions of general commercial law, the courts
of the United States will exercise their independent judgment, and are not
bound by the decision of the courts of the State; so that a rule established by the State court that a collecting bank is a debtor for the amount
collected, in the absence of a special agreement to the contrary, is not
binding. (IV).)
Trusts—Evidence held to show bank, receiving proceeds :>j colled ion by another,
knew of insolvency.
(U. S. C. C. A., 1923.) In a suit to recover from defendant hank the proceeds of a check received by defendant from a bank to which the check
had been sent by plaintiff for collection, evidence held to show that at
the time the collection was made and the amount received by the defendant bank, and applied to debt of collecting bank to defendant, it
had knowledge through a former employee, who wns representing it
with the collecting bank, that the latter was insolvent. (Ib.)
Items not held for collection should be first applied (o fxujmrnl of checks presorted
in clearance.
(I*. S. C. C. A., 1923.) Where a bank presented for clearance some checks
which it owned and others which it held for collection only, the amount
due on the checks owned by it should be first applied to the payment
of checks drawn on it, which were presented against it at the time of the
same clearance. (Ib.)
Trusts—Deduction from proceeds of collection of proportion of loss in clearing
held proper.
(l.\ S. C. C. A., 1923.) Where a bank to which plaintiff and others had
sent checks for collection lost in the clearance one-seventeenth of the
total amount of the checks held for collection, plaintiff was properly
permitted to recover from another bank, which had received the proceeds of the collection, the amount of its check less one-seventeenth
thereof. (Ib.)
Trusts — Trust funds, which did not pans into hands of liquidator, can be followed
by benejiciary.
(U. S. C. C. A., 1923.) Funds hold by a collecting bank in trust for the
payee of the check sent for collection, which had been transferred to
defendant bank before the liquidator took possession of the collecting
bank, so that they never came into the liquidator's possession, can be
recovered from defendant bank. (Ib.)
164
TtEPORT OF THE COMPTROLLER OF THE CURRENCY.
DEPOSITS.
GENERAL DEPOSITS.
Duty of bank to credit money deposited as directed by deposit slip.
(U. S. C. C. A., 1923.) Where a bank received for deposit a check indorsed
by the payee, together with a deposit slip directing that the money be
credited to the account of the payee, in the absence of other circumstances to control disposition O the fund, it had no right to credit the
f
deposit to the joint account of the payee and another. (Continental
National Bank v. Neville, 285 Fed. Rep. 565.)
Bankruptcy—Depositing money subject to check not a "preference."
(U. S. D. C , 1922.) The deposit of money in a bank to his own credit
subject to check by an insolvent within four months of bankruptcy was
not a preference, within bankruptcy act, section 60a (Comp. St. sec.
9644). (Lowell et al. *;. Merchants' National Bank of Manchester, .
N. H., in re Ponzi, 283 Fed. Rep. 124.)
Bank not bound to question legitimacy of depositor's disbursements.
(U. S. D. C , 1922.) The only duty of a bank receiving, money on general
deposit was to pay it out under depositor's orders, and it was not bound
to question the legitimacy of his disbursements. (Ib.)
Bankruptcy—Bank not liable for paying checks constituting preferential payments
in absence of fraud or collusion.
(U. S. D. C , 1922.) In the absence of active fraud or collusion on the
part of a bank paying checks or vouchers of a bankrupt while insolvent
with those receiving the claimed preferential payments, the bank was
not liable to refund the money to the bankrupt's trustee. (Ib.)
Bankruptcy—No recovery against bank unless vouchers paid by it were paid to
preferred creditors.
(U. S. D. C , 1922.) For trustees in bankruptcy to recover from a hank the
amounts paid by it on the bankrupt's checks and vouchers while insolvent,
it must first be shown that the persons receiving the payments thereby
became preferred creditors, and the burden of proof in this respect was
on the trustees. (Ib.)
Bankruptcy—Bank, making payments to persons defrauded by bankrupt, held not
liable, though it aided and participated in their retaking of their money.
(U. S. D. C , 1922.) If persons in whose favor a hank paid a bankrupt's
checks and vouchers while he was insolvent thereby merely regained
possession of money obtained from them by the bankrupt by" fraud, the
bank was not liable to the bankrupt's trustees, even though it actively
participated and aided them in retaking the monev justly belonging to
them. (Ib.)
Bank may decline to pay check exceeding amount of deposit.
(U. S. D. C , 1922.) A bank was legally justified in not paying checks
exceeding the amount to the depositor's credit, and had a legal right to
decline to pay the amount on deposit as a partial payment on the checks.
(Ib.)
OWNERSHIP OF DEPOSIT.
Deposit in name of husband "or" wife gave either the right of ivithdraival.
(Mass. Sup., 1923.) The word "or" is frequently used in the sense of "and,"
when necessary to give effect to purpose of parties, but only when the
obvious sense requires it, or when otherwise the meaning is dubious, and
where savings bank deposit was made in name of husband " o r " wife
without being expressly made subject to withdrawal by, or payment to,
either, the word '"or" should be given a disjunctive meaning, and either
could withdraw the deposit without the other's assent. (Marble v.
Jackson, State Treasurer, etc., 139 N. E. Rep. 442.)
REPORT OF THK ('OMPTUOLLKK OF THK CURRUXOY.
165
APPLICATION OF DEPOSIT OX CLATM.
Bank may not set off notes against account of insolvent broker where no new credit
given and account is trust money.
(U. S. Dist. C , 1923.) Where check of customer or brokers was given to
them to buy stock for the customer and was deposited by them in their
bank and they failed before buying the stock, held, that the bank could
not, by virtue of its contract or otherwise, set off, against the portion of
the deposit which represented the check, notes held by it against tho
brokers, where, although it had no notice of the customer's equity in the
deposit, no extension or credit to the brokers or other change of position
by the bank occurred by reason of such deposit of the customer's check
to give the bank any equity in respect thereto, and that therefore the
bunk should surrender the amount of the check to the broker's receiver,
and they in turn should surrender it to the customer. (lie-aver Boards
Cos. v. imbrie & Co.; J. II. llillsman <c Co., et al. /•. Same; intervention
f
of Hosier, 2X7 Fed. Hep. 158.)
DEPOSIT OF PUBLIC MOXEY TRUST,
Unauthorized deposit of public money held trust fund.
(U. S, C. C. A., 1.923.) ^'here the superintendent of a postal station deposited funds of his office in a bank which was not an authorized depositary in violation of law, which prohibits such deposits and makes it a
criminal offense for bank officers to knowingly receive them, and the
bank, at all. times be'owoon the time of such deposits and tho time it was
closed as insolvent, had cash on hand in excess of the amount of the
deposits, such cash hold to have passed into the hands of the State bank
commissioner impressed with a trust in favor of tho United States for the
amount of the deposits. (Alien, Bank Commissioner, et al. v. United
States, 2H/> Fed. Rep. 678.) '
CiirnKic.vTKs OF DEPOSIT,
Certificates of deposit—Do not represent funds in bank which, as res, sustain service
by publication upon 'nonresident purchaser in suits in Stale court.
(U. S. Sup.. 1922.) By an arrangement between a corporation, its agont,
and a bank, purchasers of the corporation's shares were allowed to discount their notes at the bank, the resulting credits were transferred by
the bank to the account of the agent in payment for the shares, arid
negotiable certificates of deposit were issued by the bank to the agent.
Held, that the certificates of deposit did not represent funds in the bank
which as res could sustain service by publication upon a nonresident purchaser of the certificates in suits brought by the shareholders in the State
court against such purchaser, the bank, the vendor corporation and its
agent to have the proceeds of the notes impressed with a trust; in plaintihV favor and annul their purchases and notes and the certificates on
the ground of fraud in yelling the shaves; and that judgments based on
such service were void. 2(>4 Fed. Hep. 83 affirmed. (Bank of Jasper r.
First National Bank of Rome, Ga.; First National Bank of Jasper, Fla.,
v. State Bank of Rome, Ga.; First National Bank of Jasper, Fla., •/;. First
National Bank of Rome, Ga.; Bank of Jasper v. State Bank of Rome, Ga.,
2oS I". S. 113.)
SPECIAL DEPOSITS.
Deposit accepted for special purpose can not be diverted, to other purposes.
(IT. S. C. C. A., 1922.) A depositor has the right to tender a deposit for a
special purpose; and if a bank receives such a deposit the officers of the
bank have no right to divert the deposit to other purposes. (Union Trust
& Savings Bank et al. v. Southern Traction Co. et al., 2S3 Fed. Rep. 50.)
166
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Bankruptcy—Trust fund held traceable into assets received by trustee.
(U. S. C. C. A., 1923.) Where Liberty bonds were deposited with a bank by
a special deposit, as shown by the passbook, though other general savings
deposits were entered in the same book, and a number of such bonds
exceeding the amount of the deposit, were pledged by the bank to secure
a loan from another bank, and subsequently came into the possession of
the trustee in bankruptcy of the first bank after they had been redeemed
from the pledge by the receiver appointed by the State court for that
bank, the trust fund was sufficiently traced to entitle the depositor to
priority against it. (In re Farmers' & Merchants' Bank of Jones; Eby v.
Waltz et al., 286 Fed. Hep. 924.)
Bankruptcy—Trustee must prove redemption of special deposit wrongfully pledged
was at expense of general creditors.
(U. S. C. C. A., 1923.) If a trustee seeks to defeat the right of special depositors to the proceeds of the special deposit on the ground that the
Liberty bonds so deposited, after having been wrongfully pledged by the
bankrupt as collateral security for a note also secured by other assets,
were redeemed at the expense of the general creditors, the burden is on
him to prove that the assets rightfully pledged as collateral for that note
were not of sufficient value to repay the amount spent to redeem the
pledge. (Ib.)
Corporations—Special fund set aside for declared dividend, constituting trust fund
for stockholders, which other creditors can not claim.
(U. S. C. C. A., 1923.) Where a corporation specifically appropriates and
sets apart from its other assets a fund for the payment of a declared
dividend, such fund is held in trust by the corporation for payment of
the stockholders to the exclusion of other creditors, and where such fund
is established by bank deposit, such deposit can not be withdrawn or
reclaimed, either by the corporation or its receiver. (In re Interborough
Consol. Corporation, 288 Fed. Rep. 334.)
Bankruptcy—Coupon trust fund in special bank deposit held not trust fund for
coupon holders.
(II. S. C. C. A.. 1923.) Where bonds and interest coupons issued by a corporation contained nothing more than its promise to pay at its office or
agency, and payment was made by corporate checks drawn on the trust
company, in which it had a special account, specially designated as a
fund to"meet interest on such bonds, but nothing further was done to
declare such account a trust fund for that purpose, by the corporation
or its successor, on the bankruptcy of the latter, the coupon holders could
not claim it as a trust fund for payment of their coupons. (Ib.)
General deposit creates relation of debtor and creditor.
(U. S. C. C. A., 1923.) On a general deposit, title to money deposited passes
to the bank and creates the relation of debtor and creditor between bank
and depositor. (Ib.)
Special deposit, subject to depositor's check% is subject to set-off, and is not trust fund
(U. S. C. C. A., 1923.) Where a fund is deposited for a specific purpose,
but subject to depositor's check, it remains the property of the depositor,
is subject to set-off, and is in no sense a trust fund. (Ib.)
Deposit of special fund to meet bonds payable at certain time makes bank agent of
obligor.
(U. S. C. C. A., 1923.) Where bonds are made payable at a particular bank
and at a particular time and funds are left with the bank to be applied
in payment of the bonds, the bank holds such funds as agent of the obligor,
and not as agent of the obligee. (Ib.)
Payment—Creditor trustee to apply payment as directed by debtor.
(U. S. C. C. A., 1923.) One who sends money to another, with directions to
apply it on a debt clue the latter, receives the money in trust to apply it as
directed. (Ib.)
REPORT OK T:HK COMPTROlJLrKlt OF THE CURRENCY.
167
Trusts—Acceptance of deposit, with direction to 'pay it to particular person, creates
trust enforceable in equity.
(II. 8. C. C. A., 1923.) Where one deposits money with another to be delivered to a designated person, a trust arises in favor of the latter by reason
of acceptance of the fund by the depository with notice of its destination,
and a court of equity will compel the depositor to devote it to the purpose
intended. (Ib.)
Trusts—Tryst created by receipt of money for payment to another, or for application
to particular purpose, may be enforced at law or in equity.
(IT. S. C. C. A., 1923.) Every person who receives money to be paid to
another, or to be applied to a particular purpose, to which he does not
apply it, may be sued either at law for money had and received, or in equity
as a- trustee for breach of trust. (Ib.)
Evidence held to sustain finding bank knew money deposited belonged to another.
(U. 8. C. C. A., 1923.) Evidence held to sustain finding that defendant
ban!; knew that m.mey deposited therein and thereafter applied to the
payment of a debt due the bank was the proceeds of the sale of plaintiff's
property, which the depositor had no right to apply to the satisfaction
of his debts. (Security Bank & Trust Co. r. Gercn et al., 288 Fed. Rep.
317.)
Bank can not treat as depositor's money v:hich it knows is held as fiduciary.
(U. 8. C. C A., 1923,) The general rule that a bank may treat money
deposited as the individual property of the depositor does not apply, when
the bank lias knowledge that the deposit is held by the depositor in a
fiduciary capacity. (Ib.)
Mixing of depositor's own funds with trust funds does not permit bank to receive
trust funds for debts due it.
(U. 8. C. C. A., 1923.) The fact that a depositor mixes his own funds and
funds held by him in a fiduciary capacity in one deposit does not entitle
the bank, which had knowledge of the trust character of a portion of the
funds, to receive the trust funds in payment of a debt due it from the
depositor. (Ib.)
Taking note from depositor by beneficiaries of trust held, not to release bank's liability
for accepting trust funds in payment of debt to it.
(U. 8. C. C. A., 1923.) A hank's liability for accepting payment of a depositor's debts to it from funds which it knew were held by the depositor in a
fiduciary capacity is not released by the taking of notes from the depositor
by the parlies on tilled to the funds, in the absence of proof that the
acceptance of such notes was intended to operate as a release, or that they
had been paid, (ib.)
Principal and agent—Pi'incipal held not estopped to claim funds applied by agents
to debts due bank.
(U. 8. C. C. A., 1923.) The owners of produce sold by an agent are not
estopped to claim the proceeds from a bank to which they had been
delivered by the agent in payment of his individual debt, where there
was no evidence that the principal did or said anything on which the bank
was entitled to rely in changing its position in its relation to the agent.
(Ib.)
ESCJIKAT OF DEPOSITS TO STATE.
laws providing for escheat to the State of deposits void as to national banks.
(U. S. Sup., 1923.) A State law providing for the escheat to the State of
bank deposits after they have remained intact and unclaimed for more
than 20 years, when no notice of his residence has been filed with the
bank by the depositor or any claimant, is void as applied to deposits in
national banks. Calif. Code Civ. Proc, sec. 1273; IT. S. Rev. Stats.,
sec. 5130. 18() Cal. 746, reversed. (First National Bank of San Jose v.
State of California et al., 262 U. S. 366.)
72396°—24
12
168
REPORT OF THE COMPTROLLER OF THE CURRENCY.
ACTION'S BY DEPOSITORS.
In action for unauthorized payment to 'plaintiff's embezzling agent, instruction
requiring finding for bank, if plaintiff failed to give prompt notice after discovery,
held not to direct a verdict.
(U. S. C. C. A., 1923.) In an action by a depositor against his bank of deposit
to recover money alleged to have been wrongfully and without authority
paid on the indorsement of plaintiff's agent and misappropriated by such
agent, an instruction requiring the jury to find for defendant if plaintiff
was advised of such misappropriation and failed to notify the bank thereof
within a reasonable time, was proper, and not objectionable as a peremptory instruction that the canceled checks and monthly bank statements
returned to the depositor were sufficient to advise plaintiff of such defalcation. (General Cigar Co. (Inc.) v. First National Bank of Portland,
Greg., 290 Fed. Rep. 143.)
Depositor's failure to discover agent's defalcation, which would have been disclosed,
by examination of monthly bank statements, and to notify bank promptly, bar to
recovery.
(U. S. C. C. A., 1923.) In an action against a bank for wrongful and unauthorized payment of checks to plaintiff's agent, who misappropriated the
proceeds, where an examination of the monthly statements furnished by
the bank and the canceled checks returned therewith, would have disclosed the fact that certain items were not accounted for and have led to
discovery of the misappropriation, plaintiff was chargeable as matter of
law with notice of its agent's defalcation, which consisted in the misappropriation of such items, and plaintiff's failure to object or notify defendant
bank for months thereafter, was a complete bar to plaintiff's recovery.
(Ib.)
FOREIGN EXCHANGE.
Contract held not consummated by opening account for plaintiff
Russian branch.
in
defendant's
(N. Y. Sup., 1922.) An agreement by a New York bank to open an account
in plaintiff's name in its Russian branch and to pay him the amount of
such account through such branch was not a contract for the purchase of
foreign exchange consummated by the opening of the account. (Sokoloff /;. NationalCity Bank of New' York, 196 N Y. Supp. 364.)
Agreement to open account in foreign branch and pay amount through such branch
held, a single contract made in New York.
(N. Y, Sup., 1922.) An agreement by a New York bank with one depositing
money with it to open an account in his name in its Russian branch and
pay the amount of the account through such branch was a single contract
made in New York, though to be carried out in part in Russia, and not two
separate contracts, one made in New York for the opening of the account,
and the second constructively made in Russia with the Russian branch.
U»>.)
Contract lo open account in Hussion branch, and pay amount in rubles not ordinary
deposit.
(N. Y. Sup., 1922.) A contract by a New York bank with one depositing
money with it to open an account in his name in its Russian branch and
pay him the amount of such account through the Russian branch was not
a contract of deposit creating the ordinary relations of debtor and creditor,
where the amount was not to be paid in American currency, the only
money in a strict sense recognized, but to be liquidated by the payment of
rubles, which are analogous to chattels rather than money. (Ib.)
Under agreement to open account in foreign branch where defendant did not main'
lain Us branch, payment became due when demand attempted.
(N. Y. Sup., 1922.) Where a New Y'ork bank agreed with plaintiff to open
an account in his name in its Russian branch and pay him the amount
thereof through such branch, it was implied that it would maintain its
branch so that demand could be made, and when it failed to do so payment
became due upon plaintiff's abortive attempt to make demand. (Ib.)
REPORT OF THE COMPTROLLER OF THE CURRENCY.
169
Impossibility of performance of contract to pay depositor at foreign branch held not
to excuse performance unless created by law.
(X. Y. Sup., 1922.) Impossibility of performance by a New York bank of
its agreement to pay plaintiff an amount in Russian rubles through its
Russian branch held not to excuse performance unless created by act of
the sovereign—thav; is, by law. (Ib.)
Contracts—Impossibility of performance created, by foreign revolutionary
whose sovereign authority not recognizedf does not excuse performance.
party,
(X. Y, Sup., 1922.) Assuming that impossibility of performance of contract
created by a foreign government would excuse performance, especially
when the foreign country is at war, impossibility created by revolutionary
party whose sovereign authority is not recognized is created by force, and
not by law, and is insufficient. (Ib.)
Seizure of property of bank's Russian branch by revolutionists held not to excuse
payment promised through such branch.
(X. Y. Sup., 1922.) Where a New York bank agreed with plaintiff to open
an account in his name in its Russian branch and to pay him the amount
thereof through such branch, the fact that revolutionists compelled it to
close up its Russian branch and seized its property in Russia did not excuse
performance, where it did not even appear that it kept in Russia any more
rubles or securities because of the agreement than it would otherwise have
done, or that its failure to pay plaintiff would not result in its imjusi,
enrichment, as it had no property of plaintiff's which could be seized, but
was under an obligation to plaintiff. (Ib.)
Plaintiff entitled to recover consideration of bank's agreement to pay through foreign
branch where revolutionists seized its property.
(X. Y. Sup., 1922.) Assuming that by analogy personal property law,
section 89, subdivision 1, relative to destruction of goods before the risk
passes to the buyer, applied to a bank's agreement to open an account in
its Russian branch and pay plaintiff the amount thereof through such
branch, where revolutionists seized its property in Russia and forced it to
close such branch, plaintiff under that section was entitled to recover the
consideration paid. (Ib.)
Complaint held sufficient on theory of recovery of consideration paid for account
with foreign branch.
(X. Y. Sup., 1922.) A complaint alleging that plaintiff paid defendant a
specified sum and defendant agreed to open an account in plaintiff's name
in its Petrograd branch and. to repay him a specified sum in rubles on
demand, that thereafter plaintiff drew his check for the amount to his
credit, that the payee attempted to present it, but was unable to do so
because such branch bank had been discontinued and closed by defendant,
and it had ceased doing business in Petrograd or any other part of Russia
without leaving any representative upon whom presentment could be
made, was sufficient on the theorv of recovery of the consideration paid
by plaintiff. (Ib.)
Evidence—Pleading—Allegations
clusive on demurrer.
that a government is sovereign slate not con-
(X. Y. Sup., 1922.) Allegations in a pleading tending to show that a government is sovereign in character are not conclusive on demurrer, for the
court is bound to take judicial notice of the fact as it exists in reality.
(Sokoloff v. National City Bank of Xew York, 199 X. Y. Supp. 355.)
Inter national law—Acts of unrecognized government ineffective to create or nullify
legal relations.
(X. Y. Sup., 1922.) As the Soviet Government of Russia has never been
recognized by our Government, its acts are ineffective, without consent
of the parties concerned, to create, transfer, or nullifv legal obligations.
(Ib.)
Bank entitled to allege and prove conditions preventing performance in Russia.
(N. Y. Sup., 1922.) In an action for breach of contract to open an account
for plaintiff in Russia, defendant is entitled to plead and prove the actual
conditions prevailing in that country. (Ib.)
170
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Evidence—Common knowledge that there is a government in
Russia.
(N. Y. Sup., 1922.) It is a matter of common knowledge that there is a
government in Russia, which has been functioning in some fashion for
live years or more, and that it is not the imperial government of the
czars. (Ib.)
Contracts—Rule slated as to frustration of contract by destruction of subject-matter.
(N. Y. Sup., 1922.) Where a person or thing or condition or state of things,
on the existence or continuance of which performance of the contract
fundamentally depends, has ceased io exist, the failure of performance
will be excused. (Ib.)
Bank not required to return deposit made in New York for purpose of opening
account in Russia.
(N. Y. Sup., 1922.) Where, in consideration of a payment of money by
plaintiff in New York, defendant promised to deliver rubles to plaintiff
in Russia through defendant's Russian branch, and made such deliveries
as long as performance was possible, but the Russian Government confiscated defendant's Russian branch and made further performance impossible, held, that defendant, in action in the nature of damages for failure
to perform in Russia according to agreement, and not for rescission, was
not required to return the balance of the deposits. (Ib.)
Contracts—Acts of foreign government held defense, where parlies intended that
contract should be governed by foreign law.
(N. Y. Sup., 1922.) Where the parties intended for Russian law to govern
a contract to be performed in Russia, answer alleging that the Russian
Government prevented performance held a defense. (Ib.)
FORGED OR ALTERED
PAPER.
Evidence held to show that drawer received canceled checks.
(U. S. C. C. A., 1922.) In an action by drawer of checks against bank for
paying, on January 27, checks on which the payee's names were forged,
evidenced held to show that drawer received these checks from bank,
with statement, on or before the following February 4. (England
National .Bank v. United States, 282 Feb. Rep. 121).
Custom of delivering statements to depositors evidence of delivery in particular case.
(l.\ S. C. C. A., 1922.) The usage and custom of a bank in delivering statements and. canceled chocks to its depositors was competent evidence to
prove the fact of delivery of particular canceled checks. (Ib.)
D* pay.itor, by failing to give notice of forged checks, discharged bank from liability.
(V. S. C. C. A., 1922.) Where the payee's names on two checks were
changed by drawer's agent, and the checks showed no evidence of this
change to an experienced cashier exercising reasonable care, and bank
returned the canceled checks to drawer within a week after they were
cashed, and drawer at that time discovered the forgery, but did not give
bank notice of it until six months later, meanwhile seizing all property of
defaulting agent, bank was discharged from liability for paving these
checks. (Ib.)
Bank's duty to furnish depositor with statement.
(U. S. C. C. A., 1922.) On request of a depositor, it is the bank's duty to
furnish him with a statement of his account, accompanied by his canceled
checks. (Ib.)
Depositor's failure io examine statement, and notify bank of error, admission of
accoutil's correctness.
(U. S. C. C. A., 1922.) A failure by depositor to examine his statement and
canceled checks, and notify bank of any error in his account, or defective
checks, within a reasonable time after receiving them, is a conclusive
admission of the account's correctness. (Ib.)
K K P O K T OF T H K
C O M P T P t O l JLKR O F T i l l '
CURRKXCY.
171
Untied State.*-- Recovery from bank paying defect ire checks barred by officer'a negligence.
(U. S. 0. C. A., 1022.) The failure of an officer of the United States to
notify a hank of payment of forged checks within a reasonable time after
receiving them prevented the United States from recovering from bank,
for when a government quits its position of sovereignty and enters the
domains of commerce it submits itself to the same laws that govern
individuals. (Tb.)
Bank field liable to payee-joy money collected from drawers of check* on forged indorsement of jxiz/ee's name.
(Dist. Col. C. A., .1923.) Where plaintiff's name was forged on checks payable to it by its bookkeeper, who had no authority to indorse the checks,
and the amount thereof paid by defendant bank to the bookkeeper, and
defendant thereafter collected from the banks on which the checks were
drawn the amounts thereof, so that the plaintiff would have no recourse
against the drawers of the checks, defendant bank held the money in place
of the checks, and plaintiff can recover it from the bank in an action for
money had and received. (Merchants' Bank of Washington, D. C , v.
National Capital Press (Inc.), 288 Vcd. Rep. 2(55.)
O TAR ANT Y.
Guaranty—Liability of national bank, for goods sold, contractor to whom it made
advances upon ossignmt'nt of contract and payments as security—Distinction between recovery on. gun re til if and recovery of amount directly or indirectly received
on account of it, immaterial.
( l \ S. Sup., "1922.) A national bank, having advanced money to one who
had contracted to >upply labor and material for a building, on the security
of his assignment of the contract and of payments to be made under it,
guaranteed payment of goods afterwards sold to the contractor, on the
faith of {he guaranty, and used in the work, held, (a) that whether or
not the guaranty was valid as an incident of banking, the bank was liable
to t-hc seller, up i;o its amount, for moneys subsequently arising under
the assigned contract, which were paid to it or, with its consent, to the
contractor; and (b) (hat, the case having been tried on its merits, the
distinction between a recovery on the guaranty and a recovery of the
amount so directly or indirectly received on account of it, was purely
formal. (First National Hank of Aiken r. .1. L. Mott Iron Works, 258
V. S. 210.)
IXSOLYKNCY AND RKCKIYKRS.
ACTIONS,
JURISDICTION
OK ACTIONS BY AM) ACJA1NST RECEIVEE.
Statutory representative of insolvent bank' 'may maintain suit in Federal court of another jurisdiction.
(U. S. Dist. C , 1928.) The supervisor of banking and the director of taxation and examination of the State of Washington, who are empowered by
statute to take over and administer the property of an insolvent bank
without the interposition of a court, become the statutory successors of
such bank for the purpose of winding up its affairs, and may maintain an
action in a Federal court of another State to enforce the statutory liability
of a .stockholder, where the requisite jurisdictional facts appear. (Duke
State Supervisor of Hanking, et al. v. Jenks, 291 Fed. Rep. 282.)
CLAIMS
PROVAKU:.
Bank held not liable for liens incurred by constnictio)i company.
(U. S. C. C. A., 1923.) Where a bank had caused the organization of a
building company to construct a building for it, had conveyed its property
to the building company, and invested its funds in the stock of the company, which later proved worthless, receiving nothing in return therefor,
the lien claimants, w ho have had the benefit of the property conveyed and
the advances made to the building company, have no equity entitling
them to share in the distribution of the assets of the bank, after its insolvency. (Haskell et al. v. McClintic-Marshall Co. et al., 289 Fed. Rep.
406.)'
172
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TRUST FUNDS.
State superintendent, in possession of assets of insolvent bank, may be required to
restore trust funds.
(U. S. C. C. A., 1923.) A State superintendent of banks, who is in possession of the assets of an insolvent hank, in which is included a sum fraudulently acquired by the bank and held in trust for complainant, is in no
better position than the bank to defend against a suit for its recovery,
and may be required to restore it from the assets. (Scott, Superintendent
of Banks of State of Ohio, v. Saunders, 290 Fed. Rep. 30.)
RIGHTS OF PERSONS MAKING DEPOSITS AFTER INSOLVENCY.
Burden is on plaintiff io show actual insolvency and knowledge by managing officers.
(U. S. C. C. A., 1923.) The burden is on plaintiff, who is seeking to recover
from an insolvent bank a deposit made shortly before the bank closed, to
show that real fraud was practiced on the depositor, which requires affirmative proof, both that the bank was actually insolvent when it received
the deposit and that its managing officers knew that to be the fact. (Fidelity & Deposit Co. of Maryland et al. v. Kelso State Bank et al., 287 Fed.
Rep. 82S.)
Bank officer not chargeable in civil action with knowledge obtainable by reasonable
diligence when deposit was received.
(U. S. C. C. A., 1923.) Since there is no statutory provision relating to the
liability of a bank a trustee ex inaleficio for deposits received when insolvent, similar to the provision in the statute making it a felony to receive
a deposit in a bank knowing it to be insolvent, that knowledge of insolvency is imputed to the officer if by the exercise of reasonable care and
diligence he could have discovered it, it is essential, to charge the bank
as trustee, to show actual knowledge by its officers of the insolvency, and
proof they could have discovered insolvency by the exercise of reasonable
diligence is insufficient. (Ib.)
Evidence held not to show officers knew bank was insolvent when deposit icas received.
(U. S. C. C. A., 1923.) In a suit to recover from an insolvent bank deposits
made shortly before the bank's insolvency, evidence held insufficient to
sustain the plaintiff's burden of proving that the officers of the bank knew
at the time the deposit was received that the bank was hopelessly insolvent, (Ib.)
Evidence held not io raise county deposits into warrants acquired by bank.
(U. S. C. C. A., 1923.) * Evidence that part of the money deposited by
plaintiff's assignor had been used by defendant insolvent bank to pay a
loan to a national bank, for which county warrants had been pledgee! as
collateral security, and that after payment of the loan the warrants were
left with the national bank, held insufficient to trace the deposit into those
warrants, though the collateral pledge was in the form of a sale of the
warrants to the national bank with an option to repurchase. (Ib.)
Cashier's knoivledge of his misconduct, rendering bank insolvent, is not imputed to
bank.
(U. S. C. C. A., 1923.) Knowledge by the cashier of a bank that he had
been juggling the accounts and making unduly large loans without sufficient security, so that the bank was in fact insolvent, is not imputed to the
bank. (Ib.)*
CLAIMS OF UNITED STATES.
When right of priority in favor of the United States under section 3//W attaches.
(U. S. Sup., 1923.) The right to priority of payment provided for by Revised Statutes, section 3466, attaches when the conditions specified by
the section come into existence; and it can not be impaired or superseded
by a State law. (United States v. State of Oklahoma, 261 U. S. 253.)
or Tin-: ('OArrTKorjj-:^ or Tin-; crRRHXCY.
173
When State of Oklahoma acquires lien.
(U. S. Sup., 192').} The State of Oklahoma acquires no lien on the asset .
>
of a State bank under section 303, of chapter (i. Revised Laws of Oklahoma, 1910, before possession of the bank has 'been taken by the State
bank commissioner, (II)..)
When word u insolvent" as used in the Revised Statutes, section 3466, applies.
(U. S. Sup., 1923.) The word ''insolvent," as \\^<X in Revised Statutes,
section 3466, and the bankruptcy law, applies only where a debtor's property is insufiiciert to pay all his debts. (II).)
Meaning of word liinsolvent'' under Oklahoma statute.
(U. S. Sup., 1923.) But ''in>olvcnl" in the sense of the Oklahoma statute,
supra, where it authorizes the bank commissioner, upon becoming satisfied
of a bank's insolvency, to take possession and. wind up its affairs, is a
broader term, applicable where a bank is unable to pay depositors in the
ordinary course of business, though its assets may exceed its debts, (II).)
Taking orer bank by act of commissioner upon finding tnj him of its insolvency doc-<
not establish, the right of the United Stales to priority of payment under Revised
Statutes, section ,1/j.tW.
(V. S. Sup., 1923.) Such a taking over of a bank by the act of the commissioner upon a finding by him of its insolvency, does not establish the right
of tho United States to priority of payment under Revised Statutes, section 3466, because it does not imply insolvency, within the meaning of
that section and does not otherwise satisfy its conditions, either as a
voluntary assignment, as an attachment of assets of an absconding, concealed, or absent debtor, or as an act of bankruptcy, as defined by the
bankruptcy act (.^ec. 3a) or any law of the State. (Ib.)
INTEREST AM) USURY.
Usury—Ostensible contract for sale of accounts held contract for loans at usurious
interest.
(U. S. C. C. A., 1922:) A contract ostensibly providing for the sale of
accounts at discounts, dependent on the time of payment, and for payment of ( O per cent of the face value at the time of the sale, less an agreed
S
charge, and for repurchase by the seller at full face value of any accounts
defaulted, held merely a cover for loans at usurious rates of interest.
(Le Sucur et al. i\ Manufacturers' Finance Co., 285 Fed. Hep. 490.)
Usury -Loan on assignment of accounts invalid, only lo extent of excessive interest.
("I". S, C. C. A... 1922.) Under the Maryland statutes, usurious contracts
of loan are invalid only to the extent of the interest in excess of 6 per cent.
except in the case of loans by corporations on chattels, and a loan on the
security of assigned accounts is not within the exception. (Ib.)
Usury—Usurious contract governed by law of Stale where made and to be performed,
notwithstanding express provisions of contract to the contiart/.
( l \ S. C. O. A.., 1923.) Where a contract; between plaintiff, a credit company,
and defendant supply company for the loan of money on the security of
promissory notes payable to the supply company was made in. Maryland
and was to be there performed, it was governed by the laws of Maryland,
and neither the usury laws of Delaware or Florida were applicable, though
the contract provided the laws of Delaware should govern, and though
the place of defendant's residence and business was Florida. (United
Divers Supply Co. <". Commercial Credit Co., 289 Fed. Hep. 316.)
Usury—Maryland usury statute applicable wherever Maryland contract involved.
(U. S. C. C. A., 1923.) The provisions of 4 Code of Public General Laws of
Maryland, article 23, section 100A, providing that no corporation shall
interpose the defense of usury in any action at law or in equity, repealed
the usury statutes as to corporations, and established a rule of substantive
law applicable in whatever jurisdiction suit is brought on a contract to
which the laws of Maryland are applicable. (Ib.)
174
REPORT OF THE COMPTROLLER OF THE CURRENCY. .
Interest—On default of debtor, interest is recoverable as part of debt.
(U. S. D. C , 1922.) Whenever a debtor is in default for nonpayment of a
debt when due, interest is recoverable as a part of the debt. (United
States v. Proctor, 286 Fed. Rep. 272.)
Interest—Rule stopping interest on appointment of receivers applies only if all
claims have same rank.
(U. S. D. C , 1922.) The rule that, after the property of an insolvent party
is placed in the hands of a receiver, interest is not allowed on claims against
the fund, applies only where the creditors are all of the same rank, and
where there arc claims with different priorities, the holders of the prior
claims are entitled to interest to the date of the decree. (Mercantile
Trust Co. v. Tennessee Cent. Ry. Co., 286 Fed. Rep. 425.)
JURISDICTION.
National bank not suable in a Slate where it has no place of business.
(U. S. Sup., 1923.) A national bank held not suable in a State where it had
no place of business, resident officers or employees or business attended
to by its officers or employees, but where deposits were kept and business
transacted on its behalf by local banks as its correspondents. (Bank of
America v. Whitney Central National Bank, 261 U. S. 171.)
Courts—As affecting jurisdiction of Federal District Court, suit against State bank
commissioner not one against State.
(U. S. C. C. A., 1923.) A suit against a State bank commissioner to establish a claim against assets of an insolvent bank, of which he has taken
charge, held not one against the State, which has no interest in the fund,
but in effect one against the bank, which the commissioner was authorized
by law to defend. (Allen Bank Commissioner et al. v. United States,
285 Fed. Rep. 678.)
Courts—Possession of property by Stale bank co)nmissioner held not to exclude
jurisdiction of Federal court.
(U. S. C. C. A., 1923.) Under the law of Massachusetts, the State bank
commissioner, in taking charge of the property of an insolvent bank,
does not act in the capacity of a receiver, and his possession is not the
possession of a State court, which excludes jurisdiction of a Federal court
to entertain a suit to establish rights in the property, where it otherwise
has jurisdiction. (Ib.)
Federal Reserve Bank may be sued in foreign state.
(U. S. D. C , 1922.) Jurisdiction exists against a Federal reserve bank
located in another State of a suit to enjoin it from unlawfully presenting,
by its agent, over the counter of a State bank, checks drawn on the State
bank, where process was served within the State on the agent employed
to present the checks, both on the ground that it is then doing business
in such State of the required character, or, better, on the ground that it
is reasonable for it to be sued therein. (Farmers' & Merchants' Bank of
Catlettsburg, Ky., v. Federal Reserve Bank of Cleveland, Ohio, et al.,
286 Fed. Rep. 566.)
Courts—Suit against Federal reserve bank one arising under laics of United States,
of which Federal court has jurisdiction.
(U. S. Dist. C , 1923.) A suit against a Federal reserve bank is one arising
under the laws of the United States, over which the District Court of
the United States has jurisdiction, under Judicial Code, section 24 (Comp.
St., sec. 991.) (Bacon v. Federal Reserve Bank of San Francisco et al.,
289 Fed. Rep. 513.)
Courts—Federal reserve bank entitled to be sued in district of Us habitat as fixed by
its certificate of incorporation.
(U. S. Dist. C , 1923.) A Federal reserve bank being incorporated under
an act of Congress, the Federal reserve bank act, and its activities not
being confined to a single State or locality, it can not be said to be a
citizen of any particular State, but is in truth a citizen of the United
States, deriving all its powers and rights from the laws of Congress, and
its habitat for the purpose of jurisdiction is fixed by the certificate of its
organization, and there it is entitled to be sued. (Ib.)
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
175
Courts—Federal reserve bank suable "only" in district of its habitat.
(U. S. Dist. C , 1923.) Judicial Code, section 51 (Comp. St., sec. 1033),
providing that a suit between citizens of different States, where the
only ground of jurisdiction is diversity of citizenship, shall be brought
only in the district of the residence of either the plaintiff or the defendant,
requires that a suit against a Federal reserve bank shall be brought, in
the district of its habitat; the word "only'' meaning "exclusive," "nothing more," and the provision of act July 12, 1882, excepting national
banks, having no application to a Federal reserve bank. (IV).)
Courts—Assignee clause inapplicable to case arising under law of the United States.
(l.\ S. Dist. C , 1922.) The "assignee clause" (Judicial Code, sec. 24;
Comp. St., sec. 991) is inapplicable to case arising under a law of the
United States. (Federal Reserve Bank of Dallas v. Webster, 287 Fed.
Hep. 579.)
Courts— Suit bu Federal reserve bank held "suit arising under lair of the United
States."
(U. S. Dist. C , 1922.) Suit by Federal reserve bank held one "arising
under a law of the I'nit-ed States." (lb.)
LJOTTER OF CREDIT.
Letter of credit may be unconditional, or subject to such conditions as bank prescribes.
(U. S. C. C. A., 1923.) Bank may issue letter of credit unconditionally,
without requiring presentation of documents, or may prescribe such
conditions and require such documents as it sees fit. (Bank of America
v. Whitney-Central National Bank, 291 Fed. Rep. 929,)
When letter of credit does not require fact to be shotcn by documents, it is unconditional as to that fact.
(II. S. C. C. A., 1923.) When particular fact is not required by letter of
credit to be represented by documents, the letter of credit is unconditional
as to such fact, and issuing bank is presumed to rely on representation
of the person in whose favor the credit is issued, unless the fact is one
which required document should disclose, (lb.)
Letter of credit held- not to nature presentation of abstract or copy of consular invoice.
(U. S. C. C. A., 192.3.) Letter of credit for price of sugar sold by one broker
to another, and not imported by either, and from which requirement for
bills of lading and consular invoice had been stricken, and customhouse
permit and delivery order substituted, held not to require abstract of copy
of consular invoice, (lb.)
Letter of credit held not to moke it essential that sugar be purchased outside the
United States and imported for account of buyer.
(U. S. C. C. A., 1923.) Letter of credit for invoice cost of sugar to be
purchased for account of B. & Co. held, not to require that the sugar
should be purchased abroad or be imported for account of B. <e Co., to
f
avoid supposed application of Federal control act (Comp. St. 1918,
Comp. St. Ann. Supp. J91.9, sec. 3115 l/8a et seq.) (lb.)
Letter of credit held not to rvnui.re documentary evidence of date of shipment, or
weight or description, of goods, other than, sellers invoice and letter of advice.
(U. S. C. C. A., 1923.) Letter of credit covering purcha.se price of sugar,
and providing for payment on drafts and letiev of advice, accompanied
by customhouse permit and delivery order, held not to require showing
by documents oilier than seller's invoices and letters of advice as to dates
of shipment, or description or weight of the sugar, in view of 38 Statutes,
181, as to consular's invoices, and Revised Statutes, section 2870 (Comp.
St., sec. 5558), as to customhouse permits. (lb.)
Letter from seller to buyer held not to bind bank, to ichich letter of credit had been
transferred as collateral security.
(U. S. C. C. A., 1923.) Where letter of credit; for purchase price of sugar did
not require that drafts be accompanied by bills of lading, letter from seller
to buyer, stating that bills of lading or copies thereof would be furnished,
did not bind bank, with which the letter of credit had been deposited as
collateral security, in absence of its consent or knowledge. (lb.)
176
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Not essential (hat description in customhouse 'permit he in language of letter of
credit.
;
(U. S. C. C. A., 1923.) While under Revised Statutes, section 2870 (Comp.
St., sec. 5558), customhouse permit should contain description of goods,
it was not essential that permits required by letter of credit contain, description in language of letters of credit, as neither seller nor transferee of
the letter of credit could compel such description. (Ib.;
Bank, refusing payment of drafts drawn under letters of credit on other grounds, held
not justified because of signatures to drafts and accompanying documents.
(U. S. C. C. A., 1923.) Bank, issuing letter of credit for price of sugar and
refusing to pay drafts on ground not relating to manner of execution of
drafts and accompanying documents, but to the documents themselves,
could not justify its refusal because they were signed by attornev or agents.
(II).)
Customhouse permit held, not to contradict invoice as to quality of sugar.
(U. S. C. C. A., 1923.) Under 38 Statutes, 114, section 177, relative to duty
on sugar, customhouse permit, describing sugar as refined granulated
sugar, test 96 per cent, and showing rate of duty was 0.0136 cent per pound,
showed that duty was paid on highest grade of sugar, and did not contradict invoice accompanying draft drawn under letter of credit, and describing the sugar as .Java white sugar. (Ib.)
Notation on customhouse permit held not to justify refusal of payment under letter
of credit.
(IT. S. C. C. A., 1923.) It was not within power of custom officials to limit
use of imported sugar, and notation on customhouse permit that sugar
was for local consumption and not for refinery could safely be ignored,
and did not justify bank in refusing pavment of drafts drawn under letter
of credit, (Ib.)
Delivery order accompanying draft held sufficient, when signed by another and
adopted by seller.
(U. S. O. C. A., 1923.) Under letter of credit for price of sugar requiring
drafts to be accompanied by customhouse permit and delivery order, delivery order, signed by party from which seller purchased the sugar, and
adopted by seller by attaching it to its draft, held sufficient. (Ib.)
Delivery order accompanying draft held not rendered insufficient by statement as to
weighing by particular party.
(U. S. C. C. A., 1923.) Delivery order for sugar accompanying draft drawn
under letter of credit was not insufficient because of printed statement
thereon that sugar was to be weighed by named party; it not indicating
that goods had not been weighed or preventing delivery of the goods. (Ib.)
Insurance certificate accompanying drafts drawn under letter of credit held to describe
goods sufficiently.
(IT. S. C. C. A., 1923.) Insurance certificates, accompanying drafts drawn
under letter of credit for price of sugar and describing insured property as
50 tons of sugar from a named vessel, held sufficient. (Ib.)
Delay in presentation of drafts after arrival of sugar held not unreasonable.
(U. S. C. C. A., 1923.) Where drafts drawn under letters of credit for price
of sugar arriving in New York on November 3, and accompanying documents, were presented in New York on November 10, and in New Orleans,
where issuing bank was located, on December 7, and it had become evident that bank intended to refuse payment, if possible, but it declined to
point out any defects in documents, delay in presentation, held not unreasonable. '(Ib.)
Certificates of customs official held to be treated as part of customhouse permit.
(L\ S. C. C. A., 1923.) Where customhouse permit accompanying draft
drawn under letter of credit described goods simply as sugar, but was
accompanied by certificate of assistant deputy collector of customs that it
was Java white sugar, and that duty had been paid on certain estimated weight, such certificate should be treated as part of the permit. (Ib.)
REPORT OF THE COMPTROLLER OT THE (TRRKXCY.
177
Customs official's certificate accompanying permit held not to show draft was excessive*
(l r . S. C. C. A., 1923.) Certificate of customs officials, which, with customs
permit, accompanied draft drawn under letter of credit, and which slated
that duty had been paid on estimated basis of approximately 223 pounds
to bag, held not to show that drafts were excessive, though drawn for
greater weight. (Ib.)
Immaterial thai sugar no! segregated, when delivery orders called, for entire amount.
((*. S. C. C. A., 1923.) When two delivery orders for goods in warehouse
accompanying draft drawn under letter of credit called for entire lot, it
was immaterial that the two lots had not been segregated. (Ib.)
Insurance policy accompanying draft held sufficiently specific.
(I'. S. C. C. A., 1923.) Insurance policy accompanying draft for price of
sugar drawn under letter of credit and describing the sugar as 1,350 bags
of Java white sugar, held sufficiently specific. (Ib.)
Description of sugar in customs permit accompanying draft held sufficient.
(I*. S. C. G. A., 1923.) ruder letter of credit for price of 500 tons of Java
white sugar, customs permit accompanying draft and describing the
sugar as superior white Java sugar, held sufficient. (Ib.)
Customs certificate held not to contradict invoice and delivery order as to weight
of sugar.
(V. S. C. C. A., 1923.) Certificate of customs official, accompanying draft
drawn under letter of credit, and stating that bill of lading called for
1,043 bags, estimated to weigh an average of 218.06 pounds to the bag,
did not contradict invoice or delivery order as to weight of sugar, as it
only purported to be an estimate. (Ib.)
Letter of credit not construed as requiring that customs permit be drawn to order of
issuing bank.
( l \ S. C. C. A., 1923) Letter of credit for price of sugar providing for
payment on drafts accompanied by customhouse permit and delivery
order filled up to order of the issuing bank must be construed as requiring
only that delivery order be so filled up, as permit only authorizes Government's storekeeper to release the goods and could not be filled up to
bank's order. (Ib.)
Letter of credit held not to require insurance against war risky theft, or loss of goods
ichHe in warehouse.
(U. 8. C. C. A., 1923.) Letter of credit requiring insurance by seller required only such insurance as was usual, and it was not necessary to tender
insurance covering war risk and theft, when the war was over and the sea
voyage at an end, or loss of goods from warehouse where there was nothing
to indicate that they were in warehouse. (Ib.)
Letter held letter of credit.
( l \ S. C. C. A., 1923.) A buyer of sugar to be imported by seller contracted
to furnish at once a confirmed letter of credit in favor of seller with plaintiff' bank and at his instance defendant bank wrote plaintiff: "We hereby
guarantee the account of (buyer) to the amount of * * .* covering
their contract with (seller) for shipment of sugar.'' In reliance on such
letter plaintiff established a foreign credit for seller, which was used in
payment for sugar. Held, that the letter of defendant was a letter of credit.
(Second National Bank of Hoboken v. Columbia Trust Co.; S, Fisher &
Co. v. Same; Same v. Wigram et al., 288 Fed. Rep. 17.)
In action on letter of credit, nonperformance of contract pursuant to which, letter was
given is immaterial.
(V. S. C. C. A., 1923.) In an action based on a letter of credit, evidence of
nonperformance of the contract, which was the cause of the letter being
given, is immaterial and inadmissible. (Ib.)
"Letter of credit'* need not be in stated form.
(U. S. C. C. A., 1923.) A "letter of credit" is a letter authorizing one
person to pay money or extend credit to another on the credit of the
writer, and need not be in any particular form, if it is such in effect and
intention. (Ib.)
178
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Breach of contract; interest.
(U. S. C. C. A., 1923.) In an action on a letter of credit, pursuant to which
plaintiff had received and paid for a shipment of sugar which defendant
refused to accept and pay for, and which was then sold at market price, the
measure of damages is the difference between the contract price and market
price, and in such sum plaintiff is entitled to recover interest from the time
of defendant's refusal to accept. (Ib.)
Carriers—u Bill of lading" is both receipt and contract to carry.
( l \ S.-C. C. A., 1923.) A "bill of lading" is both a receipt to the shipper
and a contract between the shipper and carrier for carriage of the goods
on the terms stated therein. (Ib.)
Evidence—Bill of lading, accepted by carrier for delivery, sufficiently authenticated.
(U. S. C. C. A., 1923.) A bill of lading, accepted by the carrier at port of
delivery as the one issued by it at port of shipment, and on which it makes
delivery, in the absence of any claim of fraud, is sufficiently authenticated
to justify its admission in evidence. (Ib.)
Sales—Bill of lading held conclusive proof of date of shipment 'under contract.
(I*. S. C. C. A., 1923.) In a contract for sale of sugar ''to be shipped from
Java during September," a provision, "the bill of lading to be considered
proof of the date of shipment," held to make such bill conclusive proof.
(Ib.)
Sales—Contract held to permit deviation by carrying ship.
(V. S. C. C. A., 1923.) Where a contract for sale of sugar to be shipped from
Java provided that shipment should be made either "direct and/or indirect,
with all liberties as per bill of lading, with and/or without transshipment,"
evidence that the ship deviated from direct course held inadmissible as
immaterial. (Ib.)
Sales—Expiration of time buyer ivas required to maintain confirmed credit held not
defense to action by seller for breach of contract.
(U. S. C. C. A., 1923.) In an action by the seller on a contract for purchase
of sugar to be imported, which also required the buyer to maintain a
confirmed credit in favor of seller until a certain date, that such time had
expired without renewal before delivery was tendered, held not to constitute a defense. (Ib.)
Evidence—Parol evidence not admissible to vary written instrument.
(!'. S. C. C. A., 1923.) In the absence of fraud, accident, or mistake, parol
evidence may not be admitted to contradict or vary the terms of a valid
written instrument. (Ib.)
Sales—Seller not required to sell goods at once on anticipatory breach, by buyer,
(l,\ S. C. C. A., 1923.) On notice that a buyer of a merchantable commodity,
to 1)0 delivered in the future, will not accept the goods, it is not the duty
of the seller, in order to mitigate the damages, to sell the goods at once,
but he may wait until the time for delivery. (Ib.)
Evidence—Sales—Evidence showing date on bill of lading held admissible, and
q u esiio n was for j u ry.
(U. S. C. C. A., 1923.) In an action, by the seller of sugar to be shipped
from Java during August, for refusal of the buyer to accept delivery,
whore the bill of lading introduced by plaintiff contained the dates
"August" and "September" in typewriting, one superimposed on the
other, evidence was admissible to show which date was correct, and the
question was one for the jury. (Ib.)
"Guaranty"
of national bank ultra vires.
{V. S. C. C. A., 1922.) A guaranty of a national bank is ultra vires; a
"guaranty" being a promise to answer for the payment of some debt,
or the performance of some obligation, in case of the default of another
person, who is in the first instance liable for such payment or performance.
(Border National Dank of Eagle Pass, Tex., v. American National Bank
of San Francisco, Calif., 282 Fed. Rep. 73.)
REPORT OF THE COMPTROLLER OF THE CURRENCY.
179
National bank bound by its "letter of credit"
(U. S. C. C. A., 1922.) A national bank is bound by its "letter of credit,"
which confers authority on the person to whom it is addressed to advance
money or furnish goods on the credit of the writer. (Ib.)
"Guarantee" defined; promise to be construed as a whole.
(U. S. C. C. A., 1922.) "Guarantee" is a word frequently employed, in
business transactions which do not provide for securing the promise or
debt of another, to express an original, primary obligation. The promise,
in which the word appears, is to be construed in the light of the evidence
and as a whole. (Ib.)
Obligation of bank held letter of credit.
(U. S. C. C. A., 1022.) Where, in a contract for the purchase of sugar$ the
sellers and the plaintiff bank through which they transacted the business
demanded as a condition precedent to their offer that it be secured by an
irrevocable letter of credit, and defendant bank, fully cognizant of" the
acceptance of the offer as made by the buy-or, and of the correspondence
between the parties to the contract, wired plaintiff bank that it would
guarantee irrevocably payment for account of buyer for sugar in amount
and on conditions named, held, that the obligation of defendant bank
was not a guaranty but a direct, promise, and constituted in its legal
effect a letter of ere Jit. (Ib.)
Contracts—Construction rendering contract valid preferred.
(U. S. C. C. A., 1922.) A construction which renders a contract valid is
to be preferred to one which renders it void. (Ib.)
Letter of credit need not be in particular form.
(1-. S. C. C. A., 1922.) A. letter of credit is not required lo be in any particular form, (Ib.)
Bank liable for certified check, although drawer has no funds on deposit.
(U. kS. C. C. A., 1922.) A bank is liable on its certified check to OIK; who
takes it on the faith of its certification, though the drawer has nothing
to his credit in the- bank. (Ib.)
Bills and notes—Acceptance of draft presumes funds of drawer in hands of acceptor.
(1;. 8, C. C. A., 1922.) The acceptance of a draft affords a presumption of
funds of the drawer in the hands of the acceptor. (Ib.)
Bills and. notes— Promise to accept draft equivalent to acceptance.
(U. 8. H. C. C, A., 1922.) A promise to accept a draft is equivalent to its
acceptance. (Ib-)
Hills and, 'notes—Presumption arises that bank accepting draft will require security.
(I*. S. C. C. A., 1922.) There is no difference in principle between a promise
and an everyday acceptance of, or agreement to accept, a draft, and the
presumption that a bunk will require security arises in one case as well
as in the other. (Ib.)
Bills and notes—Presumption that bank accepting draft will require security conclusive as to innocent relying parly.
(C. S. C. C. A., 1922.) The presumption that a bank, accepting a draft or
agreeing to accept it, will, require security, is conclusive in favor of an
innocent party, who changes his position in reliance thereon. (Ib.)
Fact that draft is to be drawn in future does not invalidate transaction,
(U. S. C. C. A., 1922.) Where a national bank guaranteed irrevocably
payment for sugar purchased bj' its customer, cognizant of the terms
and conditions of the contract, the fact that the draft therefor was to
be drawn in the future did not invalidate the transaction. (Ib.)
Liability incurred on promise to accept draft sufficient consideration.
(U. 8. C. C. A., 1922.) Where a national bank guaranteed irrevocably
payment for sugar purchased by its customer, cognizant of the terms
and conditions of the contract, the fact that it received no benefit from
its promise constituted no defense; the change of position of the seller
by incurring a liability of its own on the faith of the promise being a
sufficient consideration. (Ib.)
180
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Guaranteeing irrevocably payment by bank for goods purchased by customer held
not nonbankable.
(U. S. C. C. A., 1922.) It is within the power of a national bank to issue
its letter of credit unconditional^', and the fact that, in guaranteeing
irrevocably payment for sugar purchased by its customer, it could not
determine*'by the documents'required to be attached to the bill of lading
• whether the terms and conditions of the contract were complied with
did not render the transaction nonbankable. (Ib.)
Bank, accepting unconditional letter of credit, may rely on presumption that issuing
bank has protected itself.
(17. S. C. C. A., 1922.) When a letter of credit is issued unconditionally,
a bank which accepts it has the right to rely on the presumption that
the issuing bank, in compliance with its duly to its shareholders, has
protected itself, by release from its contract or otherwise, against liability
for failure to make investigations which are not usual or customary in
banking circles. (Ib.)
Violation of Federal reserve act no defense, in action on unconditional letter of
credit.
(U. S. C. C. A., 1922.) In an action between two national banks on an
unconditional letter of credit, the fact that the defendant bank violated
the Federal, reserve act (Comp. St., sec. 978G) relating to bankers' acceptances would not avail it as a defense; there being no penalties prescribed
in the act for the invalidation of contracts. (Ib.)
Independent guarantor liable, regardless of principal
liability.
(IT. S. C. C. A., 1922.) Where a bank guaranteed irrevocably payment for
sugar purchased by its customer, it was an independent undertaking,
and its liability was not dependent on the terms of the sales contract.
(Il>.)
Bills and notes—Act making conditional promises nonnegotiable does not affect
validity.
(U. S. C. C. A., 1922.) Negotiable instruments act of Texas (Vcrnon's
Ann. Civ. St. Supp. 1922, arts. 6001-3), providing that an instrument
to be negotiable must contain an unconditional promise to pay, and also
(arts. 6001-190) providing that in any case not therein provided for the
rules of the law merchant shall govern, affects conditional promises in
so far as to make them nonnegotiable, but does not affect their validity.
(Ib.)
Goods correctly described in bill of lading need not be described, in warehouse receipt.
(U. S. C. C. A., 1922.) Where a national bank guaranteed irrevocably
payment for sugar purchased by its customer, its obligation did not
require a description of the goods in the warehouse receipt, but it was
sufficient if any of the documents attached to the draft contained the
required description; the purpose being to enable the issuing bank to
determine that a bill of lading had been issued for the particular kind
and quantity of sugar ordered. (Ib.)
Attempted cancellation of sales contract no defense, where letter of credit issued on
faith of guaranteeing promise.
(U. S. C. C. A., 1922.) Where a national bank issued its own letter of
credit on the faith of defendant bank's promise, guaranteeing irrevocably
payment for sugar purchased by its customer, it was no defense that
plaintiff bank should have minimized loss on being notified of the revocation of the letter of credit because of the customer's attempted cancellation
of his contract to purchase. (Ib.)
Appeal and error—Defendant's duty to apply to trial court for correction of mistake
in calculating amount of judgment.
(U. S. C. C. A., 1922.) Where a judgment was slightly excessive on the
theory of recovery adopted by the trial court, it was defendant's duty to
apply there for the correction of any mistake in calculation. (Ib.)
REPORT OF THE COMPTROLLER OF THE CURRENCY.
181
Letter of credit to be shown to obtain credit amounts to offer to honor draft purchased.
(U. S. Dist. C , 1923.) The ordinary commercial 1 oiler of credit contains
authority to the beneficiary to draw a draft, and a promise to honor the
draft, given either generally to bona fide holders or to some particular
person, and if it shows it was for the purpose of being shown to obtain
credit, and the purchaser is within the terms of the letter, it amounts to
an offer that, if he purchases the draft, it will be honored, and the offer
becomes a contract when the draft is negotiated. (Banco Nacional
l.'ltramarino /;. First National Bank of Boston, 289 Fed. Rep. 109.)
Letter of credit designating particular beneficiary can not be relied on by another.
(U. S, Dist. C , 1923.) If a letter of credit designates a particular person
to whom the promise is made, no other person can take4 advantage of it.
on the principle that a person has the right to select his own promisee.
(Ib.)
Cable message held general letter of credit for benefit of bona fide holder of draft.
(U. S. Dist. C . 1923.) Where a cable message contained a summary of
a general letter of credit mailed at the same time, and the purchaser of a
draft relied on the cable message in purchasing the draft before the letter
was received, the message, which formed the contract between the parties,
subject only to explanation of ambiguity by the subsequent letter, and
which directed the addressee to open a credit in favor of a, firm, drafts,
15 days' sight, drawn on the sender, attached to shipping documents,
amounted to a general offer to purchase the documents by honoring the
drafts, and was not s.- mere request to the addressee to open a credit. (Ib.)
Omission of description of quality from invoice held to justify dishonor of draft
under letter of credit.
( l \ S. Dist. C , 1923.) Where the letter of credit required shipping documents to specify ib Brazil while crystal sugar," the omission of that specification from the usual shipping documents, which include a negotiable
bill of lading, a consular invoice, and a commercial invoice, justified tin*
bank issuing the letter of credit in dishonoring the draft attached to the
documents, though the goods actually shipped conformed to the requirements of the contract, and other documents accompanying the draft
established that fact. (Ib.)
All conditions in commercial letter of credit must be strictly complied with.
(I;. 8. Dist. C , 1923.) All conditions contained in the offer of credit by a
letter of credit issued by a bank must be strictly complied with. (Ib.)
Purchaser of draft held to have relied on credit of drawer, not letter of credit.
(U. S. Dist. C , 1923.) Where plaintiff discounted the draft in suit for a
customer, to whom defendant had issued, a letter of credit; before the shipping documents required by the letter of credit were issued, it must have
taken the draft on the credit of the drawer, and not on the strength of the
obligation of defendant drawee to accept it, and under those circumstances
can stand in no better position than the drawer. (Ib.)
Drawer of draft held required to furnish documents cover ing .ship) nerd from designated
port.
(U. 8. Dist, C , 1923.) Where a cable letter of credit made no reference to
the shipping port, which was specified in the contract for the sale of the
goods, and in the written letter of credit sent by mail, the drawer of a
draft against the letter of credit, who had made the contract for the sale of
the goods, and knew the buyer was to insure them as coming from a port
specified in the contract, had no authority to draw against the letter of
credit, except for goods shipped from that port, and neither lie nor a purchaser of the draft who relied on his credit, and not on the letter of credit,
can require acceptance of the draft accompanied by a bill of lading showing
shipment from a different port. (Ib.)
182
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Failure to state ground of objection to draft not known, when it ivas dishonored does
not waive objection.
(U. S. Dist. C., 1923.) An objection that a condition stated in a letter of
credit requiring duplicate shipping documents to be sent to a designated
individual was not complied with was not waived by the drawee's failure
to specify it as a ground for dishonoring the draft, where the drawee had
no knowledge of noncompliance with that condition at the time of dishonor. (Ib.)
Presentation of payment, after 30 days, of 15 days' sight draft is of no avail.
(U. S. Dist. C , 1923.) Where a 15 days' sight draft was dishonored when
presented for acceptance, a subsequent presentation for payment a month
later was of no avail, under a letter of credit specifying a draft payable at
151 days' sight. (Ib.)
Bills and notes—Count relying on absolute acceptance does not authorize recovery
on condition of 'promise to accept.
(17. S. Dist. C , 1923.) Defendant is not liable under a count in a writ
relying on an absolute acceptance of a draft, where its promise to accept
the draft was conditional. (Ib.)
Conditions of letter of credit must be complied with.
(17. S. C. C. A., 1922.) The conditions, however onerous, of a letter of
credit, whereby a bank authorizes one to drawr on it, must be complied
with, to render bank liable for refusal to accept a draft drawn pursuant
thereto. (International Banking Corporation v. Irving National Bank
(two cases), 283 Fed. Rep. 103.)
Letter of credit construed according to ordinary rules.
(U. S. C. C. A., 1922.) In determining the conditions of a letter of credit,
the ordinary rules governing the construction and interpretation of writings,
and especially commercial contracts, are applied. (Ib.)
Letter of credit held to require shipping docu?nents accompanying draft to make
certain statements as to goods shipped c. i. f.
(U. S. C. C. A., 1922.) A letter of credit held to require draft drawn pursuant thereto, or the accompanying shipping documents, to assert, not only
that the goods shipped c. i. f. were silk of a certain number of pieces and
size, but also made as per certain designs and having no more than 50
per cent of its width taken up with stripes; so that, this not being done, the
bank was not liable for refusal to accept draft. (Ib.)
Irrevocable letter of credit is assignable chose in action.
(U. S. Dist. C , 1921.) A letter written by a bank, establishing an irrevocable
credit for payment for certain merchandise when delivered as therein
specified, is a chose in action, assignable by the addressee and enforceable
by the assignee, subject only to performance of the conditions therein
expressed. (Old Colonv Trust Co. v. Continental Bank of New York,
288 Fed. Rep. 979.)
Letters of credit not to be technically construed.
(U. S. Dist. C , 1921.) Letters of credit are not to be construed with technical care, and the fact that a bank, which issued an irrevocable letter of
credit, did not make a formal promise to pay drafts drawn against the
credit, will not relieve it from liability for refusal to honor such drafts.
(Ib.)
LIQUIDATION.
Purchasers of bank's assets liable to stockholders for full value.
(U. 8. Dist. C , 1922.) Where, a t expiration of charter of a national bank,
the directors thereof transferred its assets, good will, and bank building
to a new national bank organized by them, pursuant to a plan or scheme
kept secret from plaintiffs, minority stockholders, paying full value for
all assets, except the bank building and lot and the good will, the bank
building being undervalued and nothing at all paid for good will, held, in
plaintiff's suit against the new bank and the directors of the old bank, that
defendants would be compelled to pay full value for both these items to
the stockholders pro rata of the old bank. (Kaufman et al. v. Marquette
National Bank et al., 289 Fed. Rep. 295.)
REPOKT OF TILE COMPTIKXLLKR OF TILE CURRENCY.
183
may dispose of all its assets.
(Penn. Sup., 1923.) Although act May 13, 1876 (P. L. 161; Pa. St. 1920,
sec. 1180, et seq.), regulating banking companies, makes no express
provision for sale of the entire property of such a company to another
corporation, as is done by general corporation act, 1874, section 23, as
amended on April 17, 1876 (P. L. 33, sec. 5; Pa. St. 1920, sec. 5694),
no express statutory permission is required to authorize, as against
objection by dissenting stockholder, the disposal of all the assets of a
bank, not including, however, franchises acquired by virtue of the original
charter granted, although a dissenting stockholder can not be compelled
to accept other than cash for his holdings. (Maxlcr r. Freeport Bank
of Freeport, Pa., et al., 119 Atl. Rep. 592.)
Transfer of bank's assets to newly formed trust company held lawful.
(Penn. Sup., 1923.) The transfer of the assets of a bank incorporated
under act May 13, 1876 (P. L. 161; Pa. St. 1920, sec. 1180 et seq.), to
a newly formed trust company, formed under act April 29, 1874 (P. L.
73), amended by act May 9/1889 (P. L. 159; Pa. St. 1920, sec. 5592
et seq.), without attempt to assign the franchises of the bank, or to release
it from any dutv owed by reason of its original charter, held lawful, in
view of the public policy indicated by act May 28, 1913 (P. L., 357; Pa,
St. 1920, sees. 1235, 1236), and act July 17, 1919 (P. L. 1032; Pa. St.
1920, sees. 1191-1202). (Tb.)
Injunction not granted to enjoin transfer of bank'* assets, where right* of dissenting stockholder protected by bond.
(Penn. Sup., 1923.) Injunction, applied for by dissenting stockholder of
a bank, to restrain transfer of the bank's assets to a newly formed trust
company, in consideration of issue of its stock pro rata to stockholders
of the bank in exchange for their bank stock, was properly refused where
the rights of plaintiff were amply protected by bond to insure him payment in cash of a just valuation" of his shares'in the bank. (Ib.)
Appeal and. error—Order dissolving injunction to stay sale of batik's assets would
he affirmed, where sale had taken 'place since order was made.
(Penn. Sup., 1923.) Where dissenting bank stockholder sued to enjoin sale
of the bank's assets to a newly formed trust company, and, on bond
being given to protect his rights, injunction staying the sale was dissolved, and thereafter the sale was made, held, on appeal from the order
dissolving the injunction, that the order would be affirmed, as no effective
relief could, at the time the appeal was heard, be ordered preliminarily. (Ib.)
NEGOTIABLE PAPER.
Bills and notes—"Reexchange" defined.
(l.T. S. C. C. A., 1923.) "Reexchange 7 ' is the expense incurred by a bill
being dishonored in a foreign country, in which it was payable, and
returned to the country in which it was made or indorsed, and there
taken up, and the amount of it depends on the course of exchange between
the two countries. (Furness, Withy & Co. (Ltd.) r. Rothe et al., 286
Fed. Rep. 870.)
Bills and notes—Drawer of bill liable for reexchange.
(lT. S. C. C. A., 1923.) The drawer of a bill is liable for the reexchange
occasioned by the drawee's refusal to accept, though the bill be returned
through many hands. (Ib.)
Bills and notes—Reexchange relates to time when bill should be paid.
(V. S. C. C. A., 1923.) Reexchange, for which drawer is liable, relates to
the time when a bill ought to be paid, and not when it ought to be accepted. (Ib.)
Bills and notes—Payee may hold, bill until maturity, although protested, and recarer damages for nonpayment.
(V. S. C. C. A., 1923.) ' The payee of a bill had the right to hold it, although
protested for nonacceptance, and present it for payment at maturity,
and recover damages for nonpayment. (Ib.)
72:;m;°--24
13
184
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Bills and note*—Drawer, making draft on himself, accepts.
(U. S. C. C. A., 1923.) Where the drawer makes a draft on Himself, or
authorizes another to draw on him, that is a virtual acceptance, and
he is liable as drawee without formal acceptance. (Ib.)
Bills and notes—Taker after maturity not holder in due course.
(U. S. C. C. A., 1922.) A bank acquiring notes after maturity was not a
holder in due course, under act of Pennsylvania, May 16, 1901, section
57 (P. L. 194; Pa. St. 1920, sec. 10047). (In re Thompson, 284 Fed. Rep.
65.)
Estoppel—Parly assuming payment of note for full
not question validity.
consideration received, can
(I*. 8. C. C. A., 1922.) A corporation which assumed payment of certain
notes as part consideration for property purchased by it can not question their validity. (Mohawk Oil Corporation et al."?;. Simpson et al.,
285 Fed. Rep. 149.)
Bills and notes--Agreement to waive defenses in consideration of extension held
binding.
(U. S. C. C. A., 1922.) An agreement by defendants, who were obligated
to pay certain notes, to waive any defenses thereto in consideration of
an extension of time, held valid and binding. (Ib.)
Bills and notes—Conditional acceptance of demand draft after refusal to pay must
be in writing.
(U. S. 0 . G. A., 1923.) After a demand draft had been dishonored by
refusal to pay on presentation, it may be the subject of a qualified acceptance upon condition; but such acceptance, in order to bind the drawee,
is required to be in writing by Thomp. Shan. Code Tenn., sec. 3516a.
(J. T. Fargason Co. v. Furst; Furst v. J. T. Fargason Co., 287 Fed. Rep.
306.)
Bank pays for draft by crediting account of drawer, who subsequently checks out
amount, and entitled to recover for overdraft.
(U. S. C. C A., 1923.) A bank pays for a draft by discounting it for the
drawer, placing the amount to the account of the drawer, who thereafter
checked against the account, so that when the draft was dishonored it was
indebted to the bank for an overdraft. (Union Electric Steel Co. v.
Imperial Bank of Canada, 286 Fed. Rep. 857.)
Bills and notes—Bank was holder in due course, and not merely for collection.
(U. S. C. C. A., 1923.) A bank which paid for a draft by crediting the
account of the drawer with the amount thereof, which was subsequently
checked out by the drawer, was a holder of the draft in due course for
value, within negotiable instruments law, section 52, and not merely a
holder for collection, though after the draft was dishonored, the bank, as a
matter of bookkeeping, transferred the charge against the drawer of the
draft from its indirect liability ledger to its direct liability ledger. (Ib.)
Payment—Acceptance of note for preexisting debt is generally not payment.
(U. S. C. C. A., 1923.) The general rule is that the taking of a note, either
of a debtor or of a third person, for a preexisting debt, is not payment of
the debt, unless there is an agreement, express or implied, to take the
note as such, or unless the creditor parts with the note or is guilty of
laches in not presenting it for payment in due time. (Ib.)
Payment—Evidence held not to show payment of draft by note of drawer.
(U. S. C. C. A., 1923.) Evidence that a bank, when required by an examiner to put the overdraft of the drawer of a draft discounted by the
bank in different form, took the note of the drawer, payable to two others,
and by them indorsed to the bank, which note it had never collected, but
had renewed from time to time, and that it retained possession of the
draft, without any evidence of agreement the note was to be accepted
in payment for the draft, does not show that the draft had been paid to
the bank, so as to prevent its recovery thereon from the acceptor. (Ib.)
REPORT OF THE COMPTROLLER OF THE CURRENCY.
185
Limitation of actions—Letters of guarantor, acknowledging existence of note, not
sufficient to loll statute.
\lJ. S. C. C. A., 192,3.) Under Code Civ. Proc. Cal., sec. 360, relating to
acknowledgment or new promise, there must be the acknowledgment of
a new or continuing contract, lifting the note out of the current where
the statute of limitations has been running and giving it a new departure,
and letters of the guarantor on a note, merely acknowledging the existence
of the note, are nor sufficient. (First National Bank of Park Rapids /;.
Pray, 288 Fed. Rep. 075.)
Limitation of actions—Letters Iwld not to acknowledge indebtedness, so as !o prevent
bar of statute.
(1.7. S. C. C. A., 1923.) Letters of guarantor to holder of note held not to
evidence an acknowledgment or new pronii.se, which would prevent the
bar of the statute of limitations, under Code Civ. Proc. Cal., sections 337,
339, 360. (Ib.)
Bills and notes—Note to accommodate bank official held given for consideration.
(l.\ S. C. C. A., 1923.) Where bank president appealed to defendant to
give his $6,000 note to aid the president in averting the consequences of
an overloan by the bank to the president's own business, and defendant
gave such note, not to deceive the bank examiner, but intending that it
should bo a real asset of the bank until the bank president should be able
to take it up, the rote was supported by a good consideration, and defendant was estopped to deny liability thereon; it being immaterial that;
the president used it in substitution of note of another friend given for a
like purpose. (Federal Reserve Bank of Richmond r. Crothers, 289 Fed,
Rep. 777.)
Bills and notes—Officer sighing his name twice to company's note held joint maker.
(U. S. C. C. A., 1922.) Where a note was signed in the name of a stated
company by defendant's decedent and two others, and then decedent's
signature occurred again, and these parties were described in the note as
makers, decedent was liable as a joint maker. (Bertenshaw ct al. /'.
Lincoln State Bank of Chicago, 111., 283 Fed. ltep. 25.)
Evidence—Parol evidence /o shoir Hia! comaker of note signed, in representative
ca pa city inad missibie.
(U. S. C. C. A., 1922.) Parol contemporaneous evidence to contradict or
vary the terms of a note, and show that a comaker signed in a representative capacity, was inadmissible, (lb.)
Bills and notes—Evidence held to shou: plaintiff's blank check iras used by defendant
for intended
-purpose.
(Dist. Col. C. A., 1922.) When? plaintiff, on. accompanying his daughter
to defendant's school, where her mother had made a contract for her
entrance, gave to his daughter a check in which the name of the payee
and the amount was left blank, but which stated on the margin that it
was for the daughter for tuition, etc., and plaintiff and the daughter
both testified the check was to be used for paying the daughter's tuition
and expenses, the defendant was not guilty of using the check for a purpose
not intended, when ho filled in his name as payee and filled in the amount
specified by the contract as the initial payment and cashed the check.
(George v. Thompson, 2So Fed. Rep. 902.)
Payment—Evidence plaintiff did not kuotc terms of wife's contract on winch he wade
payment properly excluded,
(Dist. Col. C. A., 1922.) Where a wife had made a contract for her
daughter's education, intending to pay therefor from her separate estate,
but the husband gave a blank check to the daughter, to be used in paying
for her tuition, as a matter of convenience to his wife, who did not have
her check book with her, evidence that the husband did not know the terms
of the wife's contract with the school, whereby no portion of the initial
payment would be returned, was inadmissible in an action by him to
recover the amount of the check after the daughter had been called away
from the school by her mother's death. (Ib.)
186
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Payment—By
contest it.
husband of amount due on wife's contract does not entitle him. to
(Dist. Col. C. A., 1922.) A contract made between a wife and the proprietor
of a school for the education of a daughter can be contested only by
those in privity to it, and the fact that the husband made a payment thereon
for the convenience of his wife docs not establish any privity between
him and the school which entitled him to contest the contract, so as to
recover such payment. (Ib.)
Bills and notes—Instrument signed by agent U presumed to be that of disclosed principal.
(Dist. Col. C. A., 1922.) Under Code, District of Columbia, section 1324,
providing that, where words are added indicating that the instrument is
signed for or on behalf of a principal, or in a representative capacity, the
signer is not liable if he was duly authorized, but that the mere addition
of words describing him as agent does not exempt him from personal liability, there is a presumption that an acceptance of a draft on an individual described as agent for others is what it purports to be, the obligation
of the disclosed principal, and the burden is on the payee of the draft,
seeking to hold the acceptor personally liable, to prove his want of authority. (Eisinger v. E. J. Murphy Co., 285 Fed. Rep. 931.)
Bills and notes—Affidavits held not to show note was given in reliance on agreement
not to enforce it.
(Dist. Col. C. A., 1923.) Where the original affidavit of defense to a suit
on a promissory note merely alleged that more than 22 months before
the note was given the payee was pressing a corporation in which defendant
was a stockholder on a note given by the corporation, and at that time
agreed that the stockholders, if they would give their note, would not be
liable thereon to an extent greater than the dividends which they might
receive from the bankrupt estate of the corporation on the note held by
the payee, which it agreed to transfer to the stockholders, and a supplemental affidavit alleged the execution of the note in suit, but did not
expressly allege that it was given in reliance on the agreement theretofore
made, the affidavits are insufficient to establish the defense of conditional
liability on the note. (Cornwall v. Southern Maryland Trust Co., 289
Fed. Sep. 939.)
Bills and notes—Affidavits of defense held not to show want of consideration.
(Dist. Col. C. A., 1923.) Affidavits of defense, from which it appeared that
the note in suit was given by the stockholders of a corporation in exchange
for a note of the corporation to the payee, but without stating that the
surrendered note was the consideration of the note in controversy, or
what its consideration was, are insufficient to state the defense of want of
consideration. (Ib.)
Bills and notes—Note of stockholder in exchange for corporation's note is supported
by consideration.
(Dist. Col. C. A., 1923.) A note executed by a stockholder in a corporation in exchange for the surrender to him of a note of the corporation to
the pa\ree is supported by sufficient consideration, even though the stockholder thereafter realizes nothing on the note of the corporation which he
received, since he may have believed that benefit would accrue to him or
to the corporation if he controlled the note. (Ib.)
Evidence—Extrinsic evidence not admissible to show acceptance negotiable or nonnegotiable.
(U. S. Dist. C , 1922.) Extrinsic evidence is not admissible to -show whether
an acceptance is negotiable or nonnegotiable. (International Finance Co.
v. Northwestern Drug. Co., 282 Fed. Rep. 920.)
Bills and notes—Customer's acceptance held a negotiable instrument.
(U. S. Dist. C , 1922.) An instrument designated a "customer's acceptance/' specifying that acceptor's obligation "arises out of the purchase of
goods from the drawer," held negotiable, though "accepted for payment
as per Reolo contract for amount and date hereon," since the instrument
contained an unconditional promise to pay a sum certain in money, as
required by Minnesota negotiable instruments law, section 1 (Gen. St.
1913,
sec. 5813) in view of sections 2, 3 (sees. 5814, 5815). (Ib.)
RJfiPOKT OF THE COMPTROLLER OF THE CURRENCY.
187
Trial—Where plaintiff has assumed burden in first instance of proving itself holder
in due course, defendant could not, without first rebutting such evidence, shoiv
infirmities between original parties.
(U. 8. Dist. C , 1922.) In an action on a negotiable instrumont, where
plaintiff not only introduced the instrument and proved his ownership
thereof, but introduced testimony tending to prove himself an owner in
due course, testimony as to defenses between the original parties was
immaterial until the defendant had rebutted plaintiff's testimony tending
to show plaintiff a holder in due course. (Tb.)
Money lent—No implied obligation of one for whose oc.cotnm.odalion- bank loans on
notes of others to it.
(IT. S. Dist. C , 1922.) Where the transaction was fully covered by an
express contract, no obligation of a corporation to repay a bank money
which it, at request of the corporation, loaned on notes given the bank
by third persons for the corporations accommodation, can be implied,
especially where the transaction was because of the bank having already
loaned the corporation all that the law allowed. (In re Boston Confectionery Co., 282 Fed. Rep. 720.)
Bills and notes—Corporations —Notes as /security for accommodation notes neither
ultra vires nor without consideration.
(IT. S. Dist. C , 1922.) Notes given by a corporation to a bank on bank's
demand for additional collateral for notes of like amounts previously
given the bank by third persons for the corporation's accommodation,
whereby forbearance to press collection of the accommodation notes was
obtained, are neither ultra vires nor without consideration. (Ib.)
Corporations—Formal vole of directors pursuant to'by-law authorizing or ratifying
notes not necessary for liability.
(U. 8. Dist. C , 1922.) Where a corporation gives to a bank its notes as
collateral for notes of third persons made at request of and for benefit
of the corporation, and its notes are held and relied on by the bank with
knowledge and approval of all but one of corporation's directors, and
without objection by any, the corporation is liable thereon, though no
formal unanimous vote of the directors authorizing or ratifying them was
ever passed as required by its by-laws. (Ib.)
jtfortgages—Assignment of secured note carries mortgage with it.
{V. 8. Dist. C , 1923.) The assignment of a note secured by a mortgage
carries with it the lien of the mortgage. (Bennett v. Seinmes et al.
(National Park Bank et al., interveners, in re Scott Bond & Sons, 2S7
Fed. Rep. 745.)
Bills and notes—Uniform, negotiable instrument law construed according to law
merchant.
(U. S. Dist. C , 1923.) The sections of the uniform negotiable instrument
law of Arkansas relating to holders in due course are in effect reenactments
of the law merchant, so that the rules prevailing under the law merchant
are controlling in the construction of the act. (Ib.)
Bills and notes—Accepting notes as security for pre-existing debt is taking for value.
(U. S. Dist. C , 1923.) One accepting as security for a valid existing indebtedness the notes of a third person before maturity without notice of
any defenses by the maker holds them as a bona fide holder for value, free
from defenses which the maker could make if they were still in the hands
of the original payee, unless the notes are void and not only voidable,
both under the law merchant and under Arkansas negotiable instrument
law (Crawford & Moses' Dig., sec. 7818), defining "holder in due course,"
and section 7791, defining''value." (Ib.)
Bills and notes—Fact takers of notes surrendered others not yet due does not charge
them with notice of defenses.
(U. 8. Dist. C , 1923.) The fact that the takers of notes as security for preexisting debts surrendered at the time of taking them other notes of the
same makers, which were not then due, does not charge the takers with
notice of defenses against the new notes. (Ib.)
188
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Carriers—Transfer of bill of lading to bank attached to draft for price did not vest
absolute title in bank.
(Wash. Sup., 1923.) Where a seller of automobile trucks sold a draft on
the buyer with bill of lading attached to a bank, held, it was not the intention of the parties to vest the absolute title to the trucks in the bank,
but it was intended that the bank's title, or interest therein, was for security only. (Chase National Bank of City of New York v. Spokane Countv,
215 Pac. Rep. 374.)
Carriers—Right of holder of bill of lading held superior to right of attaching creditor.
(Wash. Sup., 1923.) The right of a bank holding a bill of lading as a security
for a draft on the buyer is superior to the right of an attaching creditor of
the buyer. (Chase "National Bank of City of New York v. Spokane
County, 215 Pac. Rep. 374.)
Carriers—Whether -purchase of draft with bill of lading attached passes title depends on intention of parties.
(Wash. Sup., 1923.) Whether the purchase of a draft with a bill of lading
attached passes the absolute title to the property covered by the bill depends upon the intention of the parties. (Ib.)
OFFICERS.
POWERS OF, AND REPRESENTATION OF BANK BY OFFICERS.
Trial—Finding cashier was authorized, to sign draft for payment of personal obli
gation held not a conclusion of law.
(U. S. C. C. A., 1923.) In an action by the receiver of an insolvent bank to
recover the amount received by defendants on a draft signed by the
cashier of the bank and given in payment of his personal obligation, a
finding by the trial court that the evidence showed the cashier had authority to sign the draft in question was a finding of fact and not a conclusion
of law, and without such finding the controverted issues could not have
been disposed of, so that the judgment for defendants must be sustained,
if that finding was supported by evidence. (Citizens' Trust Co. v. Croll
ct al., 289 Fed. Rep. 421.)
A uthority of cashier to act for bank may be shown by long-pursued course of conduct.
(U. S. C. C. A., 1923.) The authority of a cashier to act for the bank may
be shown by express grant, or by implication from a course of conduct
covering a considerable period and acquiesced in by the other officials
of the bank, and such authority implied from conduct need not rest on
estoppel. (Ib.)
Evidence held to sustain finding cashier icas authorized to sign draft on bank funds
for personal obligation.
(XL S. C. C. A., 1923.) Evidence that the cashier and president of a bank
had both signed drafts on the bank funds in payment of their personal
obligations, and that their conduct had been ratified and sanctioned
by the directors, and that after the death of the president the cashier
practically ran the bank with the consent of the directors, held sufficient
to sustain a finding that the cashier was authorized to sign the draft in
controversy, which was issued for his personal obligation to defendants.
(Ib.)
Directors held estopped to question authority of cashier to sign draft for personal
obligation.
(U. S. C. C. A., 1923.) Where directors had previously ratified the conduct
of the cashier of a bank in signing drafts on its funds for payment of his
personal obligations, they are estopped to say that a similar" transaction,
secretly and in concealment conducted bv him, does not bind the bank.
(Ib.)
itEPOFvT Or T1IK COMPTROU-EH OF TH K CVVJIKSCY.
189
Liable on statement of deposit to credit of broker*f wf>o expended money in reliance
thereon.
(U. S. C. C. A., 1923.) Where a bank stated to stockbrokers that credits in
their favor had been created by E., a customer of theirs, and in reliance
thereon the brokers expended the amounts of such credits on orders of
E., the bank is liable, though it appeared that without the knowledge of the
brokers the cashier of the bank, who sent the notice of credit, had giwn
the orders in the name of E. (Bank of Palmetto v. Hyman et a I., 290
Fed. Rep. 353.)
Bank chargeable with. president's knowledge as to equities against securities transferred from another bank', of -which lie van also
'president.
(U. S. Dist. C , 1923.) AVhere the president of a national bank was also
president of a State savings bank, and. acted for the latter in purchasing
municipal bonds without any intention to pay for them, but for the
purpose, which he carried out, of depositing them to the credit of the
savings bank in the national bank, and thereby meeting an overdraft
of the savings bank and supporting the credit of the national bank, the
national bank is charged with knowledge of the transaction, and can not
claim to be a bona fide purchaser of the bonds. (Citv of Southport i-.
Williams et nl., 2<>() Fed. Rep. -188.)
OFFICERS, CRIMINAL LIABILITY OF.
Criminal law—Evidence held to show prosecution barred by limitations.
(U. S. C. C. A., J923.) In a prosecution for violating act of September 20,
1918, relating to the duties and conduct of Federal reserve bank officers,
evidence that the items alleged to have been embezzled by defendant
were accomplished by indorsements on a depositor's time certificate, all
the transactions being more than three years prior to the date of the
return of the indictment, held to conclusively show the prosecution barred
by limitations. (Charters /'. I'nited Stated, 289 Vcd. Rep. 03.)
Evidence held insufficient lo sustain conviction.
({',. S. C. C. A., 1923.) In a prosecution for violation of act of September 20,
1918, relating to the duties and conduct of Federal reserve bank officers,
evidence held insufficient to sustain a verdict convicting defendant of
having embezzled bonds belonging to a depositor. (Ib.)
OFFSETS.
Bankruptcy—Set-off by bank against insolvent's checking account held ;itransfer"
within provision against preferences.
( l \ S. C. C. A., 1923.) Deposits in. the checking account of an insolvent
depositor are debts of the bank to the depositor, which give the bank an
inchoate or conditional, lien by way of set-off, and are ''transfers," within
the meaning of bankruptcy act, section 60a (Comp. St., sec. 901.4), ami
when made when the depositor is insolvent, and when the bank lias reasonable cause to believe that such deposits or loans or payments to the bank
will effect a preference, they are voidable, if within the four months period.
(Mcrrimack National'.Bank v. Bailey et al., 289 Fed. Rep. 408.)
Bankruptcy—Set-off of debts against bank deposit, held unlawful preference.
(U. S. C. (:. A., 1923.) Where the business of an insolvent was being liquidated by its creditors, its business being shut down, and the proceeds of
liquidation were deposited in various banks, with an agreement and
understanding as to pro rata distribution among the creditors generally,
the action of a bank of deposit, which was also a creditor, in appropriating
the deposit as a set-off to its claims against the insolvent, was void, under
bankruptcy act, section 00a. (Conip. St., sec. 90-44), as an unlawful preference, and not within the rule that, where a deposit is made in good faith
and in the usual course of business within four months before the petition
in bankruptcy, the bank is allowed to credit the amount on notes of the
bankrupt held by it. (Ib.)
190
REPORT OF THE COMPTROLLER OF THE CURRENCY.
POWERS.
Transaction held incidental to deposit and transmission of funds
national bank.
within powers of
(IT. S. C. C. A., 1923.) Where a Mexican bank transmitted to correspondents
on the border Mexican gold coin, to be sold by a national bank and the
proceeds credited to the Mexican bank's account in New York, the
i?idirect transmission being adopted to avoid the prohibition of the export
of the coin from Mexico, the transaction was incidental to the deposit of
flic funds in the national bank and its transmission to New York, whichwas within the powers conferred on national banks by Revised Statutes,
section 5136 (U. S. Comp. St., 9661). (Compania'Occidental Do Almacenaje, S. A., v. First National Bank, Del Rio, Tex., 285 Fed. Rep. 333.)
Liable for failure to remove funds payable on demand before insolvency of depositary*
(U. S. C. C. A., 1923.) Where a Mexican bank transmitted coin to a correpondent, to be held, payable on the demand of an American national
bank, the national bank is liable for its negligent failure to remove the
funds from the custodv of the depositary before the hitter's insolvency.
(Ib.)
Obligation of bank, performable in part in Mexico, is valid.
(U. S. C. C. A., 1923.) The validity of the obligation incurred by a national
bank by its acceptance of a shipment of Mexican coin made to another
for its benefit is not affected by the circumstance that in part that obligation was to be performed in Mexico. (Ib.)
Liability for coin received not affected by validity of obligation incurred.
(U. S. C. C. A., 1923.) The liability of a national bank for the safe-keeping
of coin delivered to it is not affected by the validity or invalidity of the
obligation thereby intended to be incurred by the bank. (Ib.)
National bank has no power to trade in personal property except as necessary to secure
it from loss.
(Wash. Sup., 1923.) A national bank has no power to trade in personal
property, except that it may take a mortgage on such property and, if
necessary for its protection, may take over the mortgaged property.
(Chase National Hank of City of New York v. Spokane County, 215
Pae. Hep. 374.)
Evidence—No presumption that national bank intended to act ultra vires.
(Wash. Sup., 1923.) It will not be presumed that a national bank, in violation of statute, intended to take over the absolute title to the property
covered by a bill of lading attached to a draft purchased by the bank,
but the presumption is that whatever intention the bank had in the making of such purchase was for security only. (Ib.)
Slate may raise question whether action of national bank teas ultra vires to shotv
intent of bank.
(Wash. Sup., 1923.) Even if only the United States Government may
raise the question of whether a national bank acting ultra vires, where
a national bank purchased a draft for a bill of lading attached, a State
has a right to raise the question for the purpose of determining the intention of the parties when the bill of lading was taken. (Ib.)
Issuing by national bank of $100 "thrift- l>onds," payable'in 20 years, with privilege
of redeeming sooner, held not ultra vires.
(U. S. D. C , 1922.) It is not an ultra vires act for a national bank 1o issue
$100 "thrift bonds," payable in 20 years, for $50 cash, either bank or
holder having the privilege after 60 days' notice of cashing or redeeming
them on payment of original price plus 3J per cent compound interest,
as these bonds are more in the nature of ordinary certificates of deposit
than a borrowing in large sums from persons other than depositors.
(Adams v. Coinpo Bond Corporation et al., 282 Fed. Rep. 894.)
UKPOKT OF THK t'OMPTROLLKR OK THE ( TIUtKNCV.
191
Use of the icords <l United States of America" in the caption of national ban I: thrift
hands held not misleading.
\V. S. D. C., 1022.) The use of the words "United States of America '' in
the caption of national bank thrift bonds hold not objectionable as tending to cause ignorant depositors to believe that the (Joverninent was
back of the bonds. (Ib.)
F l D l ' C LAKY
1'oWKKS.
State statutes as to corporations cm powered In act in fiduciary capacity held not
discriminatory against national banks.
(It. I. Sup., 1022.) As respects the right of national banks to act- in a
fiduciary capacity, under the Federal n^crvo act, section 2 (V. S. Comp.
St. Ann. Svipp. 1919, sec. 9794), authorizing them to do so '".in so far as
the exercise of such power is not in contravention of State or local law,77
General Laws 1900, chapter 231, sections 4-8, as to corporations authorized to act in a fiduciary capacity, are not discriminatory against national
banks or unreasonable, and hence are controlling upon national banks.
(Aquidneck National Bank of Newport r. Jennings, General Treasurer,
117 All. Rep. 743.)
Mational banks doing fiduciary Imxinc** in HI,ode Inland held in, conlrarcntioti of
State or local law.
(It. I. Sup., 1922.) The Federal reserve aci, section 2 (U. S. Comp. St.
Ann. Supp. 1919, sec. 9794), allows national banks to act in a fiduciary
capacity when the exercise of such power is not "in contravention of
State or local law." General Laws 1909, chapter 231, sections 4-8, as
to corporations empowered to act in a fiduciary capacity, provides, in
section 0, that the assets of every such company, equal in value to the
par value of its capital stock, shall stand primarily as security for trust
liabilities in preference to payment of other creditors, and, in sectiou 7
requires a deposit- with the general treasurer of securities amounting to
20 per cent of the capital of such a corporation, to be held as additional
security for trust liabilities; and all other corporations than trust companies are excluded from the exercise of fiduciary powers. Held, that
since national banks can not, under their charter and the national banking law, comply with said section (), it would be ''in contravention of
State or local law'' for such banks to act in a fiduciary capacity and.
hence mandamus would not be awarded to compel the general treasurer
to receive from a national bank the deposit specified bv said section 7.
(H>.)
SHAREHOLDERS.
ASSESSMENTS.
Evidence held not to show defendant was stockholder of insolccnl national bank.
{['•. S. C. C. A., 1922.) Evidence that defendant had agreed to purchase
some of the stock of a national bank from the vice president thcrof, and
had given his note to the vice president, with the understanding the latter
was io hold the note until it was paid out of dividends received on the
stock, and that a certificate for the stock in defendant's name was written
out and signed by the vice president, but not by the cashier, and that the
seal was not affixed, as was necessary to give the certificate validity, nor
was any attempt made to deliver the certificate, does not show that
defendant became a stockholder in the bank, so as to bo liable for the par
value of the stock after its insolvency. (Hodge <:. Gushing, 285 Fed.
Rep. 158.)
Injunction—Defense at law to defeat assessment of bank slock held adequate,
(V. S. Dist. C , 1923.) The test whether plaintiff, seeking an injunction
against a suit to enforce an assessment on bank stock, has an adequate
remedy at law, is whet her he could have interposed as his defense at law a
matter on which he relies as constituting his equitable action, and he
clearly could interpose a claim that he had sold the stock to another, who
failed to have it transferred on the books. (Logan r. Crissinger, Comptroller of Currency, et al., 290 Fcx\. Rep. 415.1
192
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Name on books as stockholder creates presumption of fact.
(U. S. Dist. C , 1923.) The presence of the name of the stockholder on the
stock register of a national bank creates a presumption of legal liability
on his part which, however, may be rebutted by proof of a bona fide sale
of the stock and a satisfactory showing that the seller has done all that
he can reasonably be called upon to do in the furtherance of every duty
which the law imposes on him to secure a transfer on the registry of the
bank. (II).)
Owner of stock according to books field liable.
(U. S. Dist. C , 1923.) Where plaintiff had acquired stock in a national
bank with intention of reselling it to friends and thereby eliminating the
former owner's control of the bank, and had had t h e stock transferred to
his name on the books of the bank, as was necessary to enable him to
carry out his purpose, he is liable for assessments on the stock after the
bank became insolvent, notwithstanding an agreement that the stock
should be returned to the former owner, if not paid for. (Ib.)
STATE BANKS. •
Constitutional laic—Statute making assessments on stockholders of insolvent bank
conclusive as to amount held not unconstitutional.
(U. S. Dist C , 1923.) The provision of act Georgia, August 10, 1919,
article 7, section 20 (Acts Ga.. 19.19, p. 135), making the estimate of the
superintendent of banks of the amount collectible within a year from the
assets of an insolvent bank and the amount of the assessment against
stockholders based thereon conclusive, for the purpose of enforcement of
the assessments, does not render the act unconstitutional as depriving
stockholders of their property without due process of law, in view of the
further provision that any surplus after paying debts of the bank shall be
applied to reimbursement of stockholders who have paid assessments.
(Martin et al. v. Bennett, Superintendent of Banks, 291 Fed. Rep. 626.)
Statute providing for assessments against stockholders of insolvent bank held valid.
(U. S. Dist. C , 1923.) Nor is such statute invalid because, while it gives
the stockholder assessed, after issuance of execution against him by the
superintendent, ''the right by affidavit of illegality, as in case of affidavits
of illegality to other executions, to contest his liability for such assessment," it does not designate any court to which the affidavit shall be
returnable, that court being, by the plain intent of the statute, the superior
court of the county in which he resides, and where under Constitution of
Georgia, article 6, section 16, civil cases against him, with specified exceptions, are required to be brought. (Ib.)
TAXATION.
FEDERAL TAX UXDER WAR REVENUE ACT.
War revenue act 1898; bankers1 taxes; capital—Not only capital used in banking,
but capital held as reserve or invested to give credit to banking business is taxable.
(U. S. Sup., 1922.) In fixing special bankers' taxes under the act of
June 13, 1898, chapter 448, section 2, 30 Statutes, 448, the assessment is
not confined to that part of a banker's capital which is used in making
loans or directly in other banking transactions, but includes capital held
or deposited as a reserve or invested in.securities and which serves to give
credit to the banking business; and even where such securities have been,
designated as assets of another kind of business and physically segregated
as such, they still may represent capital employed in the banking business
if they continue to give it credit. (Fidelity & Deposit Company of
Maryland v. United States, 259 U. S. 296.)
Distinct businesses; question of fact—Whole of common capital of corporation not
deemed capital of single department; there should be apportionment; extent to
which capital is used in banking is a question of fact.
(U. S. Sup., 1922.) But where a corporation is lawfully engaged in several
distinct lines of business, including banking, for each of which its capital
supplies necessary credit, the whole of the common capital can not be
deemed capital of a single department; there should be an apportionment,
and the extent to which the capital is used in banking is a question of
fact. (Ib.)
.REPORT OF TIJK COMPTJtOlXEU OF THE ClMMIi.'XC^.
193
Burden of Proof.
(U. 8. Sup., 1922.) Plaintiff must show that none of capita], or less t!::m
amount of assessment, was employed in banking. (I!).;
Surplus and Undivided Profits.
(IT. S. Sup., 1922.) Act, in providing that in estimating capital k'.irpk-.s
be included, takes no account of technical destinction between su v p = V:3
and undivided profits. (Tb.)
Court of Claims—Remand for further findings, where corporation claimed banking
department was conducted solely on depositors' money, and Court of Claims mode
no specific finding on thai subject but other findings respecting segregation .•>/
several kinds of business, from which extent to which capital was used in banking
could not be ascertained.
(U. S. Sup., 1922.) In an action to recover taxes collected under this
act, where the plaintiff corporation claimed that the business of its hanking department was conducted without the use of its capital hut solely on
its depositors' money, and the Court of Claims, though requested, made
no specific finding on that subject but other findings respecting the segregation of the plaintiff's several kinds of business, investments, accounting, etc., from which the extent, if any, to which the capital was used i-'i
banking could not be definitely ascertained, held that the case should be
remanded for further findings/ (Ib.)
Limitation on claims under Refunding Act, 1912.
(U. S. Sup., 1922.) The limitation on actions in the Court of Claims on
claims arising under the refunding act of July 27, 1912, is six years. Sage
v. United States, 250 U. S. 33. (Ib.)
STATE TAXATION,
IN GENERAL.
A Stale tax upon a national bank, based on its capital stock; surplus, and undivided
profits, invalid under Revised Statutes, section 5219.
(U.S. Sup., 1922.) A State tax upon a national bank, based on its capital
stock, surplus, undivided profits, and other property, is not equivalent
to a tax upon the shareholders in respect of their shares and is InvalM
under Revised Statutes; section 5219. When tho validity of an asses.-ment by State officers is challenged here, the court must determine iii:?
effect of the thing actually (lone; what might have been done under tho
local statute is not controlling. 123 .Miss. 279; 81 So. 707, reversed.
(First National Bank of Gulf port, Miss., v. Adams, Revenue Agent of
the State of Mississippi, 258 l \ S. 362.)
IOWA.
Taxation—Attempted increase of assessment of shares of bank stock by wi'liinr
illegal.
(Iowa Sup., 1923.) "Where a city council, .sitting as a board of review, after
due notice and hearing, lixed the actual value of shares of bank stock ami
its taxable value, as returned by the assessor from statements furnished
by the banks which showed no improper deductions, and the values us
so fixed were duly certified to the auditor, spread upon his records, i\i>*
tax levied thereon, and. the books made up and turned over to ihe
treasurer, held, that an attempted correction thereafter by the auditor,
in which he assumed to increase the actual and taxable values of sucii
shares because of supposed omission of the board of review to include,
in computing such values, the full value of certain Tinted States bonds
shown by the statements to be owned by the banks, was not an authorized
correction of & clerical error or computation, but rather a new assessment,
unauthorized and illegal. (First National Bank of Burlington et al. <\
Weber, County Auditor, et al., 192 N. W. Rep. 890.)
194
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Taxation—Certiorari will lie to review acts of auditor in excess of jurisdiction.. •
(Iowa Sup., 1923.) Where the county auditor illegally and without authority
undertakes to increase the actual value and assessable value as returned
by the board of review, which changes amount to an attempted new
assessment, his acts are not ministerial as a mere ascertainment of the
value, but are such an illegality as amount to an excess of his proper
jurisdiction, to review which certiorari will lie, under Code, section 4154.
(Ib.)
Taxation—Judgment for costs not judgment against officers as individuals.
(Iowa Sup., 1923.) In certiorari against the county auditor and against
the county treasurer to test the legality of the action of the auditor in
changing an assessment, a judgment against the defendants for costs is
a judgment against them as officers in their official capacity, and not
erroneous as a judgment against them individually. (Ib.)
Taxation—Failure to fill blank for taxable value of bank's shareholders held not
failure to assess.
(Iowa Sup., 1923.) Where a national bank had furnished to the assessor a
verified statement of its capital, surplus, and undivided profits, and a
complete list of its shareholders, giving their post-office addresses and
the number of shares held by each, which was in effect the same as the
assessment rolls prescribed "by Code Supplement, 1913, section 13G0,
though not in the precise form of such rolls, the fact that the assessor
had not entered in the blank space in the statement provided therefor
the number of shares of each shareholder, and the taxable value thereof,
because of a belief that Acts Thirty-eighth General Assembly, chapter
257, authorizing deduction of the bank's investments in Government
tax-free securities was valid and left nothing to tax, did not establish a
failure by the assessor to assess the stock. (First National Bank of
Guthrie Center v. Anderson, County Auditor et al., 192 N. W. Rep. 6.)
Taxation—Notice to taxpayer not necessary before correction of error in assessment
or tax lists.
(Iowa Sup., 1923.) Code Supplement, 1913, section 1385b, providing that
the auditor may correct any error in the assessment or tax list, and may
assess and list omitted property, but before assessing omitted property
he shall notify the owner, does not require notice to be given of the correction of an error in the assessment or tax list. (Ib.)
Taxation—Authority to correct error continues until taxes hare been legally discharged.
(Iowa Sup., 1923.) The authority of the auditor under Code Supplement,
1913, section 1385b, to correct the tax lists of the preceding year continues until the taxes have been paid or otherwise legally discharged, in
view of the implication of the provision of that section that, if such correction or assessment is made after the books have passed into the hands
of the treasurer, he shall be charged or credited therefore as the case
may be. (Ib.)
Taxation—Filling blanks in assessment of national bank stockholders after deductions were held illegal held not assessment of omitted property which would require
notice.
(Iowa Sup., 1923.) Where the verified statement submitted to the auditor
by a national bank showed that the deductions authorized by Acts
Thirty-eighth General Assembly, chapter 257, for investments of capital
in Government securities from the capital, surplus, and undivided profits
of the bank in estimating the assessable value of stock left nothing to be
assessed, and therefore the assessor did not fill in the names of the shareholders, and the number and value of their shares in the spaces provided,
his action in filling those blanks after the statute authorizing the deduction had been held invalid was not an assessment of omitted property,
and therefore was not invalid because he failed to give any notice to the
owners of his proposed action. (Ib.)
REPORT OF THE COMPTROLLER OF TIIK CURRENCY.
195
Taxation—Approval of unlawful exemption by board of equalization held not final
so as to prevent correction of assessment.
(Iowa Sup., 1923.) The approval by the board of equalization of tax lists,
showing no tax was assessed against stockholders of a national bank,
which had no taxable value if the deductions permitted by Acts Thirtyeighth General Assembly, chapter 257, were valid, was not contemplated or intended to exempt the stock of the shareholders from taxation, and was not final so as to prevent the correction of the assessment
after the statute authorizing the deduction had been held invalid. (Ib.)
Taxation—Taxation of national bank dock is not taxation of Government bond*
in -which capital is invested.
(Iowa Sup., 1923.) The taxation of shares of stock in a national bank,
based upon total capital, surplus, and undivided profits of the bank, part
of which was invested in United States bonds and other securities which
were exempt from taxation by the State, was not a tax on the Government securities. (Ib.)
Taxation—lt Moneyed capital'' which, must be taxed, at same rate as national-bank
stock defined.
(Iowa Sup., 1923.) Within Revised Statutes, United States, section 5219
(IT. S. Comp. St. set*. 9784), providing that the taxation of national
banks shall not be at a greater rate than is made or assessed upon other
moneyed capital, and Code Supplement, 1913, section 1310, imposing
a 5-mill tax on stocks, bonds, and other securities, excluding the shares
of stock of national, State, and savings banks, and loan and trust companies and moneyed capital as thereinafter defined with reference to the
United States statute, the term "moneyed capital" includes that invested
in securities by way of loan, discount, or otherwise, which are from time
to time, according'to the rules of business, reduced again to money and
reinvested. (Ib.)
Taxation—Restriction on power to tax national banks was intended to prevent
unfair preferences.
(Iowa Sup., 1923.) The purpose of Congress in forbidding the assessment
of national banks by the State at a higher rate than was imposed upon
other moneyed capital therein was to protect the banks from competition
with individuals or corporations which were given an unfair preference
by the taxing laws of the State, and was therefore intended to apply only
to moneyed capital which was or might be invested in competition with
the banks. (Ib.)
Taxation—Congress docs not require discrimination in favor of national banks.
(Iowa Sup., 1923.) It is not the policy of the Federal Government to interfere with the method of taxing property by the States, or to demand that
discrimination in taxation be made in favor of the national banks. (Ib.)
Taxation—Statute restricting taxes of national bank liberally construed.
(Iowa Sup-, 1923.) United States Revised Statutes, section 52.19, providing
that the States shall not tax national banks in excess of the rate other
moneyed capital within the State is taxed, is to be liberally construed to
give effect to the manifest purpose of Congress, and in recognition of the
efforts of the State legislatures to apply the same method and rate of
taxation to State banks as are applied to national banks. (Ib.)
Taxation-—Petition held not to allege discrimination in taxing national-hank shares.
(Iowa Sup., 1923.) A petition by a national bank to restrain the collection
of a tax levied upon its shareholders, which alleged that the rate levied
upon its stock as well as upon the stock of State banks was 143.5 mills,
and that there was a large amount of money loaned upon farm lands
within the county, which was taxed at the rate of only 5 mills on the
dollar, without alleging what, if any, proportion of that amount was
loaned by the banks as agents, as was common practice in that community, does not show that a lesser rate was levied upon any moneyed
capital competing with the banks, and therefore was insufficient to
establish the invalidity of the tax under Tjiited States Revised Statute,?,
section 5219. (Tb.)
196
REPORT O F THE COMPTROLLER OF THE CURRENCY.
"
Taxation—Equity
will not enjoin collection because of irregularities in assessment.
(Iowa Sup., 1923.) Equity will not enjoin the collection of a tax authorized
by law on account of mere irregularities in the assessment which are not
of such a character as to render the assessment void. (Ib.)
Evidence—Court takes judicial notice of location and population of counties and
towns.
(Iowa Sup., 1923.) The court can take judicial notice of the population of
Guthric Center, its location, the area of Guthrie County, and the number
and population of other towns located therein. (Ib.)
Taxation—Burden of showing moneyed, capital is invested in competition with
banks rests on bank.
(Iowa Sup., 1923.) A national bank seeking to prevent the collection of a
tax levied upon its shareholders on the ground that other moneyed
capital was taxed at a lower rate, has the burden of showing that the other
capital referred to was invested in competition with the bank. (Ib.)
MONTANA.
Taxation—State may tax shares of national banks.
(Mont. Sup., 1923.) Under Revised Statutes United States, section 5219
(U. S. Comp. St., sec. 9784), the legislature of each State is given the
authority to determine and direct the manner and place of taxing all the
shares of national banking associations located within the State, provided, however, that such taxation shall not be at a greater rate than is
assessed upon other moneyed capital in the hands of individual citizens
of such State, and that the shares of any national banking association
owned by nonresidents shall be taxed in the city or town where the bank
is located and not elsewhere. (First National Bank of Glendive v. Dawson
County ct al., 213 Pac. Rep. 1097.)
Taxation—Taxation
holders proper.
of shares of national bank against bank as agent for stock-
(Mont. Sup., 1923.) Under Revised Codes, 1921, sections 2064-2067,
shares of stock in national banks are assessed to the owners or holders
thereof consistently with the provisions of Revised Statutes of the United
States, section 5219 (U. S. Comp. St., sec. 9784), and the bank is simply
made the agent of its stockholders for convenience in levying and paying
the assessment. (Ib.)
Taxation—Taxation of shares of national banks must not discriminate in favor of
local ''moneyed capital."
(Mont. Sup., 1923.) The effect of Revised Statutes of the United States,
section 5219 (U. S. Comp. St., sec. 9784), authorizing taxation of shares of
stock in national bank, is to permit such taxation by the State provided no
unfriendly discrimination is made against such shares in favor of moneyed
capital in the hands of individual citizens of the State; <l moneyed capital"
in this case meaning capital employed in competition with the business
of national banks. (Ib.)
Taxation—Building
and loan associations may be favored in matter of taxation.
(Mont. Sup., 1923.) I t is the policy of the State to encourage and foster
building and loan associations as institutions tending to encourage industry and thrift, and it is within the power of the State to favor them
as respects taxation if it sees fit. (Ib.)
Business of (ibanking"
defined.
(Mont. Sup., 1923.) The business of "banking," as defined by law and custom, consists of the issuing of notes payable on demand intended to circulate as money where the banks are banks of issue, and receiving deposits
payable on demand; in discounting commercial paper, making loans of
money on collateral security; buying and selling bills of exchange, negotiating loans, and dealing in negotiable securities issued by the Government, State, and Nation, and municipal and other corporations. (Ib.)
REPORT OF THE COMPTROLLER OF THE CURRENCY.
197
Taxation—Assessment of national-hank shares on basis of 40 per cent valuation
and building and loan associations on basis of 7 'per cent valuation not (Uscriminalory.
(Mont. Sup., 1923.) The assessment of shares of national banking associations under .Revised Statutes, 1921, sections 2064-2067, on the basis of
a 40 per cent valuation, fixed by sections 1999, 2000, is not invalid as
discriminating in favor of moneyed capital in the hands of individuals
because moneys and credits in the hands of building and loan associations were assessed against members on the basis of a 7 per cent valuation,
and the association itself, under section 6363, was assessed only upon real
property and office furniture and fixtures, such building and loan associations not being in competition with national banking institutions, nor is
the validity of the tax affected by the fact that a building and. loan association in violation of law assumed to pay mortgages from plaintiff bank,
db.)
NEBRASKA.
Taxation—Tax on bank stock held a tax on shares of slock} and not a tax on property of the corporation.
(Nebr. Sup., 1.922.) "The tax contemplated by section 6343, Revised
Statutes, 1913, as amended by laws, 1915, chapter 108, relating to the taxation of banking corporations, is a tax upon shares of stock in the hands
of stockholders, and is not a tax upon the propertv of the corporation."
State v. First National Bank, 103 Nebr. 280, 171 N. \V. 912, followed.
(Creighton National Bank of Crcighton v. Knox Countv et al., 188 N. VV.
Rep. 301.)
Taxation—Mortgage securities held by bank on which mortgagor has agreed to pay
tax not to be deducted from total value of shares for purposes of taxation.
(Nebr. Sup., 1922.) In making an assessment upon the shares of stock in
the hands of the stockholders for purposes of taxation, as provided in
section 6343, Revised Statutes, 1913, as amended, by laws, 1915, chapter
108, the assessor should not deduct from the total value of the shares mortgage securities held by the banking corporation upon which, the mortgagor
has agreed to pay any tax which may be levied against the mortgage or
the debt secured thereby. (Ib.)
Constitutional law—Taxation—Levy of tax on bank stock, without deducting value
of mortgage securities held by bank on which mortgagor had agreed to pay tax,
held not to impair the obligation of contract.
(Nebr. Sup., 1922.) The- levying of a tax in such case docs not impair the
obligation of the contract as between the mortgagor and the mortgagee.
(Ib.)
NEW
YORK.
Taxation—National bank is agent of Federal Government, and its shares of stock
are taxable by State only when Congress permits.
(N. Y. App., 1922.) A. national bank is an agency of the National Government, and a State can not tax it and its shares of stock are taxable
only when and as Congress permits. (People ex rel. Hanover National
Bank of City of New York v. Goldfogle et al., 137 N. E. Rep. 611.)
Taxation—Any tax by Stale on national-bank stock not in conformity with Federal
statute is invalid.
(N. Y. App., 1922.) Revised Statutes of the United States, section 5219
(IT. S. Camp. St. sec. 9784), prescribes the full measure of the power of the
State to impose taxes upon national-bank shares, and any assessment
not in conformity therewith is invalid. (Ib.)
Taxation—Tax of 1 per cent on bank stock without regard to income earned thereon
is a direct tax.
(N. Y. App., 1922.) Tax of 1 per cent, provided by tax law, section 24-b,
24-c, is a direct tax on shares of bank stock without regard to amount
of income earned thereon, whether such income has been retained as surplus or distributed as dividends. (Ib.)
198
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Taxation—"Intangible
personal property,'' as used in statute, defined.
(N. Y. App., 1922.) The term ''intangible personal property," as used in
tax law, section 4~a, as added by Laws 1920, chapter 647, exempting intangible property except shares of stock of banks and banking associations, means incorporeal property, including money, deposits in banks,
shares of stock, bonds, notes, credits, evidences of an interest in property, and evidences of debt. (Ib.)
Taxation—Federal Government permits State taxation only on terms of equality,
and tax on national-bank shares must not discriminate in favor of moneyed capital.
(N. Y. App., 1922.) The Federal Government permits State taxation only
on terms of substantial equality in law and in fact, in entire fairness and
friendliness, and the tax on national-bank shares must not discriminate
in favor of moneyed capital entering into competition with national
banks. (Ib.)
Taxation—Gross income includes dividends on bank stocks.
(N. Y. App., 1922.) Under tax laws, section 359, gross income includes
income from dividends on shares of bank stock. (Ib.)
Taxation—Tax on bank shares and dividends thereof held invalid because discriminating in favor of moneyed, capital and because bank shares are taxed at
greater rale than income of moneyed capital.
(N. Y. App., 1922.) The direct tax of 1 per cent on the capital shares of
national banks, under tax law, sections 24-b, 24-c, is invalid, not only
because it is discriminatory in favor of moneyed capital, in that it imposes a tax both on the shares and dividends thereof as income, whereas
the moneyed capital in hands of individuals is exempt from taxation
based on valuation, and is assessed by one method according to income
only, personal income tax law (tax law, sec. 352, added by Laws 1919,
c. 627), but also because the shares of bank stock are taxed to a greater
extent than such moneyed capital invested in the State, causing a palpable inequality contrary to Revised Statutes of the United States, section
5219 (U. S. Coinp. St., sec. 9784). (Ib.)
Taxation—State may tax national-bank shares by one method and moneyed capital
by another, but, if inequality is palpable, tax is invalid.
(N. Y. App., 1922.) The State may, so long as it observes the rule of
fairness and good faith, tax national-bank shares by one method while it
taxes competing capital by another method and without exact uniformity
or equality, but if the inequality is palpable, it becomes the duty of the
State courts to declare the rights asserted under the Constitution of the
United States and the statutes enacted by Congress in uniformity therewith, and to hold the tax invalid. (Ib.)
OKLAHOMA.
Taxation- Managing officer of bank acts as agent in assessment of shares in names
of shareholders.
(Okla. Sup., 1923.) Under the provisions of section 7318, Revised Laws,
1910, as amended by section 4, subdivision A, article 1, chapter 107,
Laws 1915, assessment is made on the value of the shares of the capital
stock of banking corporations in the names of the shareholders, and the
managing officer of the bank, in making the return of the properties of
such corporation to the county assessor, under section 7331, Revised
Laws 1910, as amended by section 5, subdivision A, article 1, chapter 107,
Laws 1915, acts as agent for and on behalf of the stockholders of t h e
bank. (Sowers, County Treasurer, v. First National Bank of Perry ct al,,
213 Pac. Rep. 876.)
Taxation—Appeal lies from failure of equalization board to adjust assessment upon
written complaint of aggrieved taxpayer.
(Okla. Sup., 1923.) Under section 7367, Revised Laws 1910, the county
board of equalization, composed of the county commissioners, convenes
the first Monday in June of each year, and under said section and section
2, subdivision B, article 1, chapter 107, Laws 1915, any person aggrieved
REPORT OF THE COMPTROLLKR OF Till-: CURRENCY.
199
by an assessment returned by the assessor to said board may file with
said board, as provided in said last-named section, a written complaint,
specifying his grievances, and, on failure of the said board to correct or
adjust such assessment as returned to it by the assessor, appeal lies therefrom to the district court. (II).)
Taxation- - Law providing for payment pending litigation can only be invoked where
illegality of tax arises from placing on tax rolls from which there is no appeal.
(Okla. Sup., 1923.) Section 7, subdivision B, article 1, chapter 107, Laws
1915, can only be invoked where the illegality of the tax in question arises
from some action whereby the property is placed on the \t\\ rolls from
which the law provides no appeal. (Ib.)
WASHINGTON.
Taxation— National hank stock 'in other States held subiect to Stale inhv.rilance tax,
(Wash. Sup., 1922.) Under inheritance tax law (.Laws 1901, p. OS), section
3, imposing an inheritance tax on property of every kind which was
owned by any decedent domiciled within the State at the time of his death,
even though the property was situated outside of the State, stocks of
national banks owned by decedent domiciled in this State, but not kept
within the State, was subject to the inheritance tax, notwithstanding
Revised Statutes United .States, section 5219 (l.:. S. Comp. St., sec. 9784),
providing that the shares of any national bank owned by nonresidents
shall be taxed in the city and town where the bank is located and not
elsewhere, such statute referring only to the imposition of general or
annual taxes upon property levied in the lifetime of the owner. (In re
Sherwood's Estate; State /•. Spokane < Eastern Trust Co., 211 Pac.
f
c
Rep. 734.)
Taxation—Stale* authorized to lax only the capital xlock and real property of national
banks.
(Wash. Sup., 1923.) Slates have no power to levy taxes directly or indirectly on national banks, or any of their property except- such as Congress
has expressly authorized. (Chase National Bank of City o^ New York i\
Spokane County, 215 Pac. Rep. 374.)
Taxation—Personal property within State owned by national ba/nk in (mother State,
acquired by transaction in the other State, held not subject to State tax.
(Wash. Sup., 1923.) The fact that the principal place of business of a
national bank was in another State did not give the State the right to
tax auto trucks in the State belonging to such bank, where the trucks,
were acquired in a transaction at the bank's principal place of business.
(Ib.)
Taxation -Personal property in which national bank has special property or lien
held subject to State tax.
(Wash. Sup., 1923.) The rule that property of a national bank can not be
taxed by a State except as expressly authorized by Congress does not
apply to personal property in which the bank has a special security title,
lien, or claim. (Ib.)
Taxation--Agreement
held to be fur security and not to gire absolute title lo national
bank for purposes of taxation.
(Wash. Sup., 1923.) Where t h e receiver of an insolvent buyer of a u t o
t r u c k s executed a written a g r e e m e n t t o sell t h e t r u c k s and pay over the
proceeds t o a national b a n k , which had purchased t h e drafts for t h e p u r chase price of t h e t r u c k s with t h e bill of lading a t t a c h e d , held that the fact
t h a t t h e a g r e e m e n t asserted t h a t title to t h e t r u c k s was in t h e bank and
would continue t o remain t h e r e until sold did not of itself vest in t h e bank
t h e a b s o l u t e t i t l e t o t h e t r u c k s , especially as t h e evidence showed t h a t it
was not intended to pass absolute title, b u t merely as security, a n d hence
t h e t r u c k s were subject to the S t a t e personal property t a x . (Ib.)
72:J!H>°
24
14
200
REPORT OF THE COMPTROLLER. OF THE CURRENCY.
TRUSTS.
No trust created by sending money to bank for payment of interest coupons.
(U. S. D. C, 1923.) Though corporate mortgagor in sending money to
trustee, a bank, for payment of interest coupons shortly falling due, did
so with understanding that bank should distribute the fund to those
entitled thereto, and that mortgagor should have nothing more to do
with it, no trust was created. (Guidise v. Island Refining Corporation
Ex parte Hill et al., 291 Fed. Rep. 922.)
Question whether trust created held, one of general law, but Stale court's decisions to
be followed in case of doubt.
(U. S. D. C, 1923.) Question whether sending by corporate mortgagor to
bank.of money for payment of interest coupons shortly to fall due created
a trust is one of general commercial law, as to which Federal judges are
not required to follow State court's decisions, but they should do so in
case of doubt. (Ib.)
TABLES.
T A B L E N O . 1.—Comptroller* and
appointment
No. i
Deputy
and resignation,
Com/>trollers of the Currency,
and States whence
Dale of
appointmeni.
Name.
:
dates of
appointed.
Dale of
resignation.
COMPTROLLERS OF TTTK < I 1SKV.NCY.
Hugh McCulloch
Freeman Clarke
Hilami It. llulburd
John .lav KM ox
Tlonry W. Cannon
William L. Trenhohn..
Edward S. Lacr-y
A. Ban on Heptmrn
James II. Kckies
..,
Charles G. Davos
William ."Barret Ridgely
Lawrence O. M'nrrav..*.
John Skell on Williams
I). R. Crissinger
Henry A!'. Davos
9.1x03 Mar. 8,1 N(»
21, W ^ .lulv
1.1 NOT Apr.
25;is72 Apr. 30. i «S4
12.1SS4 Mar. I'. ISSfi
20.1S-S0 Apr. SO'. ISS9
J u n e :j(), 1892
2'.lsi;2 Apr.
2(;! SM Dec. ill! I S97
s e p t . 30)1901
1.1901 Mar. 28.1008
: Apr. 28,190s 'Apr. 27;1913
Feb. 2', 1014 Mar. 2.1921
! Mar. 17. l!»2l Apr. 'Mi I92:i
May
Mar.
Fob.
Apr.
Mar.
A pr.
May
A lift.
Apr.
.Jan.
Oct.
'May
Indiana.
New York.
Ohio.
Minnesota.
Do.
South Carolina.
Michigan.
New York.
Illinois.
Do.
Do.
New York.
Virginia.
Ohio.
Illinois.
1 J<»2:$
DEPUTY CMMI'TROLL17.^ CT Tin: (THi! KN'CY. .
>
Samnol T. Howard
Hiland IX. Ilnlbnrd
! MM.V 9.
! Aug. 1,
John Jay k'tio.v
.; Mar. 12, ISf>7
John S. L n n g w o r l h v
V. V. S n y d e r
*
J. j ) , Abraham?:
! I t . M. -Nixon
i Oliver P . Tucker
GVorge ^r. CoIIin
',
Apr,
Mar. 12,
i Sept. !.
June 29^
hilv 1.
: Mav 2L 1923
! Julv !. 1923
Ltuvrence O. Murray
Thomas P. K a n e 2 . '
Willis J. Fowler
.1. W. Mciinosh
Charlos W.Collins
1
T.ABLK X r
Aug. S,
I .laiil 5,
I J a n . 27^
i Aug. M,
Ton?i expired.
Aug.
.Inn.
Apr.
Jan.
Jai!.
May
Afar.
Mar.
Apr.
June
2 Mar.
ISfl.1
!sC7
1.S72
1 SSt>
SS7
S90
>s>3
S9{>
N9S
i
New York.
Ohio.
Minnesola.
New York.
Do.
Virginia.
Indiana.
Ken I vicky.
South Carolina.
New York.
Dislricl. of Columbia.
Indiana.
Illinois.
Do.
-Died.
-Xames and- compensatinn of officers and clerks in the office of the
Comptroller of the Currency, October SI, 1923,
Name.
Herrulon, John G...
Quinn, Kdmnnd K..
Schreiner. Edmund E
Burion, Ttnsseil 0
Gros«. Clyde E
A very, A'ntoinetlo
Bock', Carl
Davenport. William S
Ellis, J-Iarrfe B
Fuller, Jane L
Hicks, Tunis
Thompson. George
Wanamaker, William If
Yeatman. John P
Bulger, John C
"Force, Laura
Fryc'Ruby M
Johnston. Kdna E
Lewis, John O
Marhle, George R
O' Mara, Vera L
Owens, Walter .7
Pen nock. Carrie L
Poultney, William W
Reese, William II
Sithens, Charles II
Spencer, Norma H
1 In addition $200 as bond dork.
Crade.
. j Chief clerk
.; Chief of division.,
j Superintendent.
I Chief of division.
!
do
I Clerk
| Vault clerk
! Clerk
I Principal clerk..
j Clerk..
; Bookkeeper
I Cierk
j Teller
! Assistant bookkeeper
:
Clerk, class 4
do
!
do
do
do
do
do
do
Clerk, class 4 and bond clerk
: Clerk, class 4
!
do
:
do
'.
do
Saiarv.
!
i
!
i
201
82, .",00
2,500
2,500
2,200
2,200
2,000
2.000
2.000
2'. 000
2,000
2,000
2,000
2,000
2,000
1,800
1, K00
1,800
1,800
1'. 800
1,800
1,800
1,800
1 1,800
1,800
1,800
1,800
1,800
202
REPORT 01' THE COMPTROLLER OF THE CURRENCY.
T.ABLFO No. 2.—Names and compensation of officers and clerks in the office of the
Comptroller of the Currency, October 31, 1923—Continued.
Name.
Verrill, Harry M
Wilcox. Ephraim S
Wilson, Gordon K
Allred, Nell H
Braxton, Henry
Curtis, Philip F
Dalzell. Howard H
Fitzgerald, May E
Friedrichs, Minna K
Hanlon, Margaret T
Herndon, John W
Herndon, Paul H
Hubbard, Opal D
Hunt, Hermon
Isaac. John
Jones, Margaret E
.Jump, Mollie C
Knoch, Charles H . W
Moyer, Alta T
Pumphrey, Carrie B
Heed, Samuel E
Scheole, Frances B
Sullivan, Warren E
Tucker, Samuel M
Whelaii, Marjorie B
Baldwin, Wallace N
Bates, Mary E
Beall, \ji.a.i a ML . . . •
Clara M
JJVCUI,
Bentley, Tlios. B
Buckley, Regina C
Burlingame, Delia J
Oassady, Oscar M.
Deal, Jessie F
Elmore, Annie L
Erickson, Bertha V
Gray, Chester H
Haley, John R
lleizer, Nannie B
Hillcary, Rua
Jamieson, William G
Jorgenson, John A
Larson, Cornelius A
Lavoie, Raymond IS
Lowell, Harriet P
Martin, Mary A
Mortimer, Mary H
Munnerlyn, Joseph A
Murphy,'Clara M
Kelly, George
Murphv, Desmond V
McBride, Olga M
Nolan, Lida A
Schiller, Ernestine II
Smith, Helen M
Pnvder, Dolly F. M
Walker, Johanna S
Willard, Clara L
Young, Grace E
Anderson, Gunhilde C
A ndrews, Ettie F
Bales, Anna S
Barry, Gertrude I
Brent, Juliet P
Chiles, Charles R
Chisholm, Elizabeth
Clngett, Dorothy L
Colburn, Nellie A
Cook. George
Crocker, Henry A. I)
Dent, Mary J
Dillnrd, John
Frock, Annie C
Glcason, Josephine
Guy, Emily L
Haymon, N. Mabel
Heizer, Helen V
Hcwfion, Ella
Hopkins, Edna T
Hursh, Olga A
Kane, William A
Kestler, Mabel F
Salary.
Grade.
! Clerk,, class 4 . .
do
!
do
I Clerk, class 3
'
do
! Stenographer
| Clerk, class 3
!
do
;
do
!
do
'
do
'
do
:
.do
;
do
'
do
'
do
!
do
do
i
do
i
do
[
do
;
do
do
;
do
;
do
• Clork, class 2.
'
do
'
do
yiv
'
do
i
do
er
Countc clerk
Clerk, class 2
do
Counter clerk
Clerk, class 2
.....do
do
do
do
Multigraph operator
Clerk, class 2
do
do
do
.....do
^
do
do
Count er clerk
.....do
Clerk, class 2
do
do
do
do
do.
_„.
do
| Counter clerk
' Clork, class 2
!
Clerk, class 1
]
do
do
do
do
do
i
do
do
']
do
do
do
do
do
• Counter clerk
j Clerk, class 1
do
'•
do
I
do
;
Counter clerk
| Clerk, class 1
'
do
:
do
....;
do
:
|
i
i
;
!
!
I
I
I
!
i
'
:
i
|
!
•j
;
!
i
i
'
!
;
:
:
:
;
i
i
11,800
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
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
J,400
1,400
1,400
1,400
1,100
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
i;200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
203
REPOEX OF THE COMFTIiOLLKB OF THE CURRENCY.
TABLE NO. 2.— Names and compensation of officers and clerks in the office of the
Comptroller of the Currency, October 81, 1923—Continued.
•»alarv.
Grade.
Magruder, Edith P
Alallet, Katherine II
Monciirc, Frances W
Mueller, Pai iliiic
McCrone, Clara O'B
Parsons, Edith N
Phillips, Lena
Stewart, Walter 11
Taylor, Mathildo B
Triinibull, Annette
Tschiflely, Laeey B. R
W k , K t o r ii e
at h
Wigginton, Norval P
Wilson, Mildred C
Wood, Kathleen
Yarborqugh, Eva M
Alexander, Daisy M.
Brown, Edith L
Brumbaugh, Delia L
Buell, Willard E
Bnrdge, A. Maud
Burgess, Myrtle C
Burke, Madeline V
('hapman, Mae
Choc'kley, Ruth C
("urtin. Anna E
Daitey', William
Davidson, .Julia
Billon, Minnie L
Dowdon, Eleanor C
DuRant, Anna K
Dutrow, Mary H
Du vail, Grace N
Easterday, William A
Haight, Phoebe E
Heuter, Marion R
Kellam, Margaret M
Kemether, Eva 0
Kennett, Edna
Koontz, Clara
Marks, Grace I
Miller, Bollum
MeKinney, Elva JNichols, tfada C
O'Donnell, Josephine A
Pcnnock, Emily E
Reese, Aline E!
Roberts, Victoria
Pottle, May 0 . W
sheward, Adelaide H
Simms, Harry C
Smith, Charles A
Sparks, Lorena IT
Thayer, Olive M
Waldrou, Sada C
W a l l s Metta F
White, Grace M
Wolfe, Evaline M
Zoll, Theresa
Bloi-nt, Silas A
Mann, Harry C
Maim, L y d i a R
Shelby, Magnus J
Carroll, William B
Hall, James
Me Fall, Julia R
Taylor, John H
Tulloss, Frank S
Carroll, John 1
Child, Harvey D
Mims, A1 vin"E
Power, Conrad N
Whiteman, Edgar
Chamberlain, Robert J
Holland, Thomas
Fnllerton, Benjamin S
Mundie, J ames F
Parsons, Raymond C
Rue. Ethel L
Taylor, Mary F
Counter clerk.
Clerk, class I
Counter clerk
....do
Clerk, class 1
do
do
Multigraph operator
Clerk, class 1
....do
....do
Counter clerk
Clerk, class 1
....do
Counter clerk
Clerk, class 1
Counter
do.
do.
do.
Clerk, class E
Counter.
do
! Clerk, class E
i Counter
' .
do
I Clerk, class E
do
Counter
!
do
'
do
•
;
do
do.
Engineer
Counter
Clerk, class E
I Counter
| O r k , class E
j Coiinter
do
do
! Clerk, class E
:
do
do
:
do
Counter
do
do
Clerk, cla^s E
Counter
do
Clerk, class E
Counter
Clerk, class E
Counter
Clerk, class E
do
Counter
do
Clerk, class I ) .
do.
I
do.
!
do
| Counter...
j Messenger.
Counter
Messenger
do.".
i Assistant messenger
'
do
do
Fireman
i Assistant messenger
Unskilled laborer
do
| Messenger boy
'
do
do
Charwoman
do
!
i
;
!
!
;
'
'
'
•
:
|
i
I
I
!
81.21)0
1.200
1.200
1,200
1,200
1,200
1,200
1.200
1,200
1,200
1,200
1.200
1.20'J
1.200
1,200
1,200
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
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
840
840
8-10
840
840
720
720
720
720
720
660
660
480
420
420
240
240
204
REPORT OF THE
COMPTROLLER OF THE
CURRENCY.
TABLE N O . 3.—Number of national banks organized since February 25, .1863,
number passed out of the system, and number in operation October 31, 1923.
Under act of Feb. 25,1803
Under act of June 3, 1804
Under gold currency act of July 12,1870
Under act of Mar. 14,1900
Total number of national banks organized..
Number reported in voluntary liquidation.
Number passed into liquidation upon expiration of corporate exist once
Numher consolidated under act of Nov. 7,1918
Number placed in charge of receivers '
Total number passed out of the system
456
7,587
10
4, 402
3, 217
20S
105
661
4,191
Number now in operation
1
12,455
8,264
Exclusive of those restored to solvency.
TABLK N O 4.—Authorized capital stock of national banks on the first day of each
month from January 1, 1914, to November 1, 1923, 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 1.920.|
Date.
XnmAuthorized
ber of capital stock.
batiks.
United
Circulation
Ftales bonds
secui ed
by United
on deposit
States.
to secure
bonds.
circulation.
1914.
January
February...
March
April
May
Juno
July
August1
September..
October
November..
December..
1915.
January
February...
March
,
April
,
May
,
June
July
,
August
September..
October
November..,
December..
7,593
7,003
7,610
7, WO
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
I', 077, 430,175
1,076,301,175
1,076,421,175
1,077,016,375
1,078,566,375
1,079,321,375
1,077,601,375
897,146,922
810,508,055
770,139,524
751,289,635
742,6S7,871
738,006,230
736,743,751
735,867,775
735, (598,808
735,793,393
735,146,743
731,496,540
1916.
January
February
March
,
April
May
,
June
July
August
September..,
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
1,077,501,375
1.074,111,375
li 073, 831, 375
1,072,838,375
1,071,025,875
1,070,713,375
1,070,858,375
1,071,380,875
1,071,870,875
1,069,763,375
1,074,853,375
1,076,038,375
730,337.740 719,571. 758 !
724,194', 340 718,923', 490
715,256) 090 711,129, 418 I
706, 454, 690 702, 730, 413 ;
696, 750, 590 693,132, oio !
690,044,040 680, 634,
690,440, 930 080, 5S3. 103
689, 774, (560 685,990, 035
689,739,180 683, 7S0, 918
687,931,240 684, 409. 69S
687,957,990 679,650. 881
682,853,740 675,006) 913
203
1917.
January
February
March
,
April
May
June
July
August
September...
October
November...
December...
7,597
7,593
7,602
7,600
7,607
7,616
7,635
7,641
7,661
7,664
7,671
7,676
1,075,733,375
1,075,438,375
1,078,037,875
1,078,577,865
1,083,307,865
1,085,662,865
1,087,287,865
1,091,197,8(55
1,094,627,865
1,094,952,865
1.096,637,865
1,097.270,065
677,315,840
675,415,840
674,992,080
664,526,370
667,587,120
669,392,710
671,333,060
673,121,730
677,818,430
678,134,370
679,440,210
681,565,810
1 MUCOUS
securities.
7,509 $1,070, 139,175 $743,066,500 5740,633,645
741,645, 500 730, 194,233
7,501 1,069,684,675
741, 445,500 736,509,838
7,500 1.009,864,675
7)500 1.069,969,675
740,603, -100 735,445,281
7,519 l)069, 706,675
741,213,210 730,180,040
7,528 1,075,711,675
740, 818,360 735,423,425
7,539 1,074,239,175
740,796,910 735, 52S, 960
7,548 1,073,734,175
740,220,660 735,222,801
7,551 1,073,524,175
870,289,600 735, 851,383 $126,241,760
7.561 1,075,684,175 1,089,281,290 737,109,983 325,007,900
7,578 1,072, 492,175 1,109,989,665 739, 7Hi, 693 361,119,940
074,675 1,017,177,241 740,500, 821 270,078,230
7,584 i; 071,
Subsequent
to this date, and to December,
bonds.
1
Circulaliou
secured
by musccl-
720,332,713
723, .174,853
716,818,008
718,984,138
722.193,808
725,'677.909
725, 3 J 3,141
723,017,314
722,978. 831.
722:709;381
722,754,924
720,033,001
674,659,013
670,717,015
671,001,858
661,371,468
664,245, 448
666,344,773
667,670, 433
670,307,175
674,514.056
675,182.077
670.703.103
678.948,778
150,830,692
07,307,165
31,133,734
15,154,095
0,582,581
2,508)940
719, 501
185, 245
181, 778
372,203
171,203
55,492
Lawful
Total
money on
nationaldeposit to
bank notes
redeem
outstaudcirculation.
$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
10.131,271
751,554,096
15,142,939
750,071,899
15,684,220
750,907,021
15,447,138
877,540,281
15,700, 893 1,077,884,776
20,032,278 1,121.468,911
101, 420,019 j 1,111,999,076
108,541,016 ; 1,039,711,021
191,724,115
982,206,133
190,078,639
938,030,441
165, 409,147
899,547,980
807,793,007
139,016,678
840,287,947
112, 101,038
819,273,593
93)240)891
804,001,373
80,798,814
793,780,807
70,020,198
786,736,460
03,794,870
779,917,681
50,991,554
776,365,653
55,077,100
51,705,450
47, 408,578
51,866,895
5r>, 70(5,278
(JO, 022,296
02,045,070
57.591,025
54,324,278
,50,707,153
48,900, 332
46,418,377
49,199,416
771,337,208
706,392,008
702,996,313
758,436,691
753,754,906
748,679,173
744,174,660
740,321,196
734,493,851
733,310,213
726,009,290
724,205,619
52,165,627
50,540, 476
47,118,057
56,191,132
53.245, 374
50,241,202
47,749,577
45,416,747
43,223,0.^9
41,3%, 305
39.573,272
38,103, 287
726,825,240
721,258,091
718,119,915
717,502,600
717,490,822
716,585,975
715,420,010
715,783,922
717,737,715
716,578,382
716,276,375
717,052,065
1916, miscellaneous securities included with United States
REPORT Or THE (.'OAirTUOJLLKH OF THE CUEREXCY.
205
TABLE NO. 4.—Authorized capital stock of national banks on the first day of each
month from January 1, 1914, to November 1, 1923, United Stales bonds and miscellaneous securities {act May SO, 1908) on deposit to secure circulation, circulation
secured by bonds on deposit, circulation secured by miscellaneous securities, the
amount of lawful moaey on deposit to redeem circulation, and national-bank notes
outstanding, including 'notes of national gold banks—Continued.
[For prior years sec annual report 1920.]
Date.
1918.
January...
February..
March
April
May
June
July
August
September..
October...
November.
December.
i NuniAuthorized
! bcr of
! banks. capital stock.
!
I
i
I
7.088 *1,097. ijr>!), 005
7j 0.S7 1.098;240,005
7,088 \, 095. 700, 005
7,090 1,097; 01.5,005
7, 703 1, 097, 505| 005
7,7D7 .1,098,215,005
1,099, 170, 005
7, 730 1, i0l,S40,0G5
7, 715 1,104,075,005
7, 704 1,107,304,005
7, 705 1,108. l:>4, 065
7,77G 1,150,701,105
1919.
January..
•
j 7,781
Februarv.
March.."..
7, 77
April
7,7S.")
7, 792
Way
-June
. . . ! 7, 80-3
7, 824
July
7, S29
August
7, 800
September.
7, 805
October...
7,900
November.
7,916
December.
1920.
January...
February..
March
Anril
May
June
July
August.
Sopiomber.
Ociobor...
November.
December.
1,110,930,105
1, 108, 259,105
1, 107, 404, 165
I, U0, 104,105
1, LI 1,809. L05
1, 1.1.5, 054, L05
1, !23,X19;.1O5
1,135, 1-J 9.165
1,1.41,329,105
1,143:299,105
1,155'. 139,105
1,157, 229,105
United
States bonds
on deposit
to secure
circulation.
Circulation
secured
by United
'States,
bonds.
8683,5^1.200
0X4,508'. 200
685, 349, 410
088,000,510
6,SS,969. 710
091,579,' L O
O
690,384. 150
690,831,200
082,411,730
083,020,300
684, 440,440
684, 108,950
$681,8
814,9x1
081,5
521, 540
680,9
992, 731
6X4,0
007, .118
686,0
098, 300
687,9
998, 070
6873
320,508
687,5
577,095
080, 209', 970
2
678,4105,803
679,0
037,57.r>
676,4
431,533
684,64S, 950
683,004,450
683, 342,450
688.183, 250
089', 878, 300
691,052,300
692, 252,950
093, 343, 21.0
694,021,710
090, 2ss, 100
695; 822,000
6\)S, 190,300
683,661,878 ;
680,025,471 i
679,799, 1:25 !
684, 292, 440 :
080, 157,47.
685,012,213 i
GVJ,OSO,O(K) !
6S0.27N.555 I
0X9; 235, 005 '
GS7,400, 223 :
0X7,000. 753
088,995,5x0
Lawful
Total
money on
n;i t ion illdeposit to ban !v noios
redeem
outstanding.
circulation.
Circulation
secured
by miscellaneous
securities.
-
•
-
•
•
•
•
•
•
-
337,397,649
30,311,009
37, 047, 274
30, 252. 359
30,189,817
35,989,575
36, 878,977
30,150, 417
44,108,682
43,467, 307
41,833,502
40,42.1,022
•
j
§719,212,630
7I7.S3V215
7.1.8,0(0, 005
720,9 i 9,507
722, 2S8, 1.77
723,987,015
724,205,4S3
723,728, J12
724,318,052
721,933,3 70
721,471.137
716,853; i:>5
39,807,332
41,903,027
42,080, 347
40,194, 752
3 \ 973.047
37,152.077
30, L90; 333
'.'A, 029, 207
35,328,605
34,024,987
34,727,572
33,146,580
723,529.21')
721,92*49^
721,S79,472
724, 487,192
725, 131, 122
722,7(^,920
7i9,27G,93:;
720,907, 702
724, 563; 070
721,4\">.2l()
722,394; 325
722,142,100
1.161, 439.1 Go
1,177, 7 U .105
1,184,809, .105
1,195, 309, 1.05
1, 217, 074, 205
1,223, 27 \ 205
1, 229, 42'), 70S
I 'S - 1, 212, 0S4, 705
1,252,519,705
j 8, 130
! 8,144 1, 255,929, 705
| X, l.">7 1, 273,949, 705
x, 106 1,274, 859, 705
|
699,357.550 091,089,258
099,930; 250 099, 800, 398
701, 109, 450 GNU; 748, 578
702,810, 200 091., 498, 921)
704,884, (XX) 092, 104, 195
700, 307,750 0X0, 225, 000
707,903, 400 089, 327, 63.3
709, 430. 400 60S, 099, 990
711,000,900 098,592, 128
711,839,000 099, 401,435
712,006,500 704, 732, is.-)
71.4,888,040 700,000, 480
724,338,692
32,049, 434
33, 241, 792 ' 733,108, i 90
722,041, 255
32, 892, 077
723,938, 752
32, 439, S3 2
723,392,772
3!., 2X8, 577
7J7, 204, XX7
31,039,8X7
719,037,730
29, 710,095
720, 463,704
2X, 303,714
725,990,052
27, 403, 924
720,477,0S2
27,015,047
732,549,029
27, 817, 444
734,010,797
27,410,317
1921.
January...
February..
March.."!..
April
May
June
July
August
Beptembcr.
October...
Kovember.
December.
1, 272, 404,705
1,272,070,505
l,270;7S(»;5»i.r)
1,271, 2x.",.305
1, 277, 075, 505
1, 27-1, -M5, ;->{»•>
1, 270, 720, 505
1,281,770,505
1,2*3,035,505
1, 285,120, 505
! 8,179 1,281,995,505
! X, 188 1,283,755,505
715,325,440
714,973,190
710,900,190
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
095,900, 770
089, 592, 883
097,72s, 5sO
702,94X, 007
091,043, 4X0
709, 057, M5
712,763,805
702, 570, 107
711,000,205
715,830,355
710,304,820
723,023,905
27,370,452
30,00.1,044
30, 065, 284
21), 870, 477
32, 1.72, 872
30,930,214
30,520,509
29,848,772
28,148, 609
27, 402,759
26,984,027
26,283,132
723, 277,222
7 L9,653, 927
727, 793, 804
732,818,484
723, 810.352
740,593,, 359
713,290,374
732,419,179
739,148,874
743,239,114
743, 288,847
749,307,097
1922.
Fanuary
February..
March
April
May
Tune
Fuly
August
September.
October...
November..
December.,
j 8,207
8,213
8,217
8, 231
8, 250
8, 203
8,274
8, 205
8, 205
8, 202
8, 202
8,204
1, 280, 205,505
1, 288. 220 505
1, 290, 345! 505
1,298,901.505
1, 303, 031, 565
1,305,931,505
1,315, 470, 505
1,317, 271. 415
1,316,017i 915
1,314, 938, 715
1,310,968,715
1,317,668,715
728,523,240
729, 425,740
729,702,210
730,010,940
731,693,690
733,S76,590
734,546,300
735,160.690
735,460', 690
737,50.1, 940
737,660,690
739,018,690
724,235,815
724, 480, 758
727, 405,523
727, 838,900
729,520,135
730, 203, 870
732,585, 040
732, 407,585
733,023, 525
734,405,283
734,520, 475
736,005,305
25,932,109
25,130,609
24,509,959
24,840,522
25,096,414
25,696,832
25,616,387
25,603,977
20,082,024
20,285,914
20,158,712
25,433,762
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
761,499,127
7,918
7, 955
7, 978
S, 009
8, (YM
8, 072
8, 093
m
8,173
X, 179
X, 1.S5
8, LSI
X, 1S4
8. i 79
8,178
8', 181.
206
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 4.—Authorized capital stock of national banks on the fir si day of each
month from January 1, 1914, to November 1, 1923, United Stales bonds and miscellaneous securities (act May 30, 1908) on deposit to secure circulation, circulation
secured by bonds on deposit, circulation secured bym miscellaneous securities, the
amount of lawful money on deposit to redeem circulation, and national-bank notes
outstanding, including notes of national gold banks—Continued.
Date.
1923.
January
February
March..".....
April
May
June
July
August
September...
October
November...
United
Circulation Circulation
Lawful
Total
Num- Authorized States bond?
secured
secured
money on
nationalber of capital stock. on deposit by Tnited by miscel- deposit to bank notes
banks,
to secure
'States
laneous
redeem
outstandcirculation.
bonds.
securities. circulation.
ing.
8,261 SI, 328, 558,715
8, 258 1,321,718,715
8, 260 1, 325, 058, 715
8, 2f>9 1,327,210,215
8, 268 1, 330, 171, 215
8, 275 1, 333,526,215
8, 276 1,338,571,215
8,273 1,341,286,215
8, 273 1,342,911,215
8,275 1,342,071,215
! 8,204 1,342,728,715
$738, 257, 440 $735,281,275
739,329, 840 734,541, 173
741,077,590 738, 423, 517
742,879, 540 739,984,5213
742,823, 590 740,099, 541
744,034,190 742,178, 351
744,654,990 719,103,625
744,848,940 740,986,663
745,585,080 740,323,568
746,780, 830 742,184,915
746,562,330 743, 806, 385
$20,S40,S12
29,20V), 789
28,620,1S7
27,197,981
27, 80S, 731
27,829,641
28, 336, 004
28,823,714
28,621,244
28,137,01)2
2K, 799, 8S1
$762,128,087
763,750,962
767,043,704
767,182, 504
767,968,272
770,007,992
747,439,719
769, 810, 377
768,944, 812
770, 322,007
772,606,269
Non:.—Notes redeemed but not assorted not included in circulai ion out-landing.
TABLE N O . 5.—National banks reported in liquidation from November 1, 1922, to
October 31, 1923, the names, where known, of succeeding banks in cases of succession, and date of liquidation and capital.
Name and location of bank.
•Date of
liquidation.
Capital.
Buttc County National Bank of Chico, Calif. (929n, absorbed by Bank of Italy, , 1922.
San Francisco, Calif
]
*
1.. I Oct. 20
First National Bank of Sierra Madre, Calif. (8707), absorbed by Sierra Madre Sav- |
ings Bank, Sierra Madre
i Nov. 4
First National Bank of Biola, Calif. (L1709), absorbed by The Valley Bank of Fresno,',
CaJif
".
! Oct. 27
Back Bay National Bank of Boston, Mass. (U00S), absorbed by Federal Trust Co.
Boston
' Sept. 30
Ennis National Bank, Ennis, Tex. (2939), absorbed by The First National Bank |
of Ennis
' Nov. 6
First National Bank of Coalings, Calif. (9323), absorbed by The Valley Bank of !j
..do....
Fresno, Calif
Citizens National Bank of Broken Arrow, Okla. (10255) Purchased by The First j
National Bank of Broken Arrow
Nov. 20
Peoples National Bank of Boston, Mass. (595) absorbed by The Fourth Atlantic
National Ban k of Boston
'
Oct. 2
••Commerce National Bank of Charlottcsvillc, Va. (11946) absorbed by Peoples National Bank of Charlottesyille
Tune 30
First National Bank of Kennan, Calif. (9234), absorbed by Valley Bank of Fresno,
Calif.
Nov. 16
First Naiional Bank of Whitehall, Mont. (L1024) absorbed by Whitehall State
Bank, Whitehall
Xov. 29
Commercial National Bank of Saginaw, Mich. (3911), absorbed by The Second
National Bank of Saginaw
j )cc. 18
Merchants National Bank of San Diego, Calif. (4880), absorbed by Bank of Italy,
San Francisco, Calif
."
...do....
American National Bank of Knoxvillc, Tcnn. (10327), absorbed by The City NaDec. 20 \
tional Bank of Knoxville
Lyndonville National Bank, Lyndonville, Vt. (315S), succeeded by Lyndonville
Savings Bank & Trust Co., Lyndonville
Dec. 30 •
'
Lowry National Bank of Atlanta, (Ja. (531S), absorbed by Lov.ry Bank & Trust
Co. of Georgia, Atlanta
Farmers National Bank of St. Marys. Kans. (11186). absorbed by Farmers Reserve
Bank of St. Marys
.
*
National Security Bank of Boston, Mass. (1075), absorbed by The Commercial
Security National Bank of Boston
First National Bank of Byron, Okla. (11419), succeeded by First State Bank of
Byron
1923.
Jan.
$250,000
25,000
25,000
200,000
200,000
50,000
25,000
300, 000
100,000
50,000
25,000
100,000
250,000
150, 000
75,000
i
2j
1,000, 000
1922.
Dec. 29
'_>."), 000
Dec. 31
250,000
Dec. 28
25,000
REPORT OF THE
COMTTEOIXER OF THE
CURRENCY,
207
TABLE No. 5—National banks reported in liquidation from November l,1922>to
October 31, 19*23, the names, where known, of succeeding bank a in cases of succession, and date of liquidation and capital—Continued.
Name and location of bank.
pate of i
liquida- j Capital.
lion. !
Irving National Bank, New York, N. Y. (345), succeeded by Irving Bank (which
afterwards became Irving Bank-Columbia Trust Co.) New York
San Fernando National Bank, San Fernando, Calif. (10273), absorbed by PacificSouth west Trust <fe Savings Bank, Los Angeles, Calif
Fir4, National Bank of Lincoln, 111. (2120), absorbed by American National Bank
of Lincoln
1923.
Jan. 6
Eu'aula National Bank, Eufaula, Okla. (5967), absorbed by The State National
Bank of ICufaula
First National Bank of Emeryville, Calif. (9410), purchased by Mercantile Trust
Co. of California, San Francisco, Calif
1922.
Dec. lf>
50,000
Oct.
7
25,000
First Nat ional Bank of Potwiu, Kans. (1099-1), absorbed by Peoples State Bank of
Whitewater, Kans
"First National Bank of Creedmore, N. C. (8902), succeeded by The Planters Bank
A: Trust Co. Creedmore
Continental National Bank of Jackson County at Kansas City, Mo. (11377), absorbed by The Continental National Bank & Trust Co. of Kansas City
Greenwich National Bank, Greenwich, Conn. (8243), absorbed by Putnam Trust
Co. of Greenwich
First National Bank of Fairfax, S. Dak. (8711), succeeded by Farmers National
Bank of Fairfax
.1923.
Jan. U
25,000
Paden National Bank, Paden, Okla. (U788), absorbed, by First National Bank of
Paden
First National Bank of Burbank, Calif. (10099), succeeded by Security State Bank
of Burbank which was merged into Security Trust & Savings Bank of Los Angeles
Calif
First National Bank of Montebello, Calif. (11273), succeeded by Securily Si ale
Bank of Montebello which was merged into Security Trust & Savings Bank of
Los Angeles, Calif
\
Peoples National Barnk in Bellefontaine, Ohio (L1720), absorbed by Peoples-Corn- I
menial Bank of Bcllofontaine
I
Northern National Bank of Lancaster, Pa. (3307), -absorbed by Northern Trust & j
•Savings Co. of Lancaster '.
City National Bank of Amarillo, Tex. (11029), absorbed by National Bank of
('ommeree of Amarillo
First- National Bank in Klyria, Ohio (2SG3), succeeded by The Lorain County
Savings & Trust Co. of Elyria
1
25,000
Jun.
»
>
100,000
Jan.
9
50,000
Jan.
2
1,000,000
Jan. 20
200,000
Jan. 22
1922.
Dec. 31
1923.
Jan. 20
..do....
25,000
50,000
50,000
100,000
Feb. .10
125,000
1922.
Nov. I)
1.00,000
Dec.
250,000
30
1922.
Dec. 1
First National Bank of Sparta, Ga. (7067), absorbed by Hancock National Bank of j 1923.
Si)
'
Sparta.
Feb. 27
First National Bank, Vero, Fla. (11150), succeeded by Yero Bank & Trust Co. of j
\ ero
'.
i Mar. 1
Bank of North America, Philadelphia, Pa. (002), succeeded by Bank of North I
America <c Trust Co., Philadelphia
f
Feb. 28
First National Bank of Bridgcr, Mow:. (1.0769), absorbed by American National
Bank oi" Bndger
.'
Feb. 21
California National Bank of Santa Ana, Calif. (9904), absorbed by Pacific-Southwest Trust <fe Savings Bank, Los Angeles, Calif
".
Feb. 1
6
Mercantile National Bank of Savannah, (la. (12030), absorbed by Citizens Trust :
Co., Savannah
; ..Ian. 9
American National Bank of Holdenville, Okla. (I20S7), absorbed by The First \
National Bank of lloldenville
'
| .Ian.
First National Bank of Jopiin, Mo. (ofc-U), absorbed by Conqueror Trust Co. of j
J oplin
I Feb. 11
Union National Bank of Fresno, Calif. (.S71S), absorbed by Sacramento-Sun.Ioaquin i
Hank (which changed its title to The United Bank tV Trust Co. of California, j
.
Sau Francisco, Calif.)
'..: Mar. 11
Merchants A: Planters National Bank of Ada, Okla. UO5J3), absorbed by The
First National Bank of Ada
50,000
I
Feb.
1923.
Fir^t National Bank of Sanger, Calif. (9308), absorbed by Valley Bank of Fresno,
Feb. 3
Calif.
-Commercial National Bank of Charleston, S. O. (10543)
Feb. 15
Prtalinna National Bank, Petalmna, Calif. (0904), absorbed by Mercantile Trust
Tan. 27
Co. of California, San Francisco, Calif
First National Bank of Sanoma, Calif. (10259), absorbed by Mercantile Trust Co.
.. . d o . . . .
of California, San Francisco, Calif....
First National Bank of Imperial. Calif. (0027). purchased by The First Naiionul |
Bank of El Centro, Calif
Feb. 24
Newcastle National Bank, Newcastle, Wyo. (11079), purchased by The First
N»(ional Bank of Newcastle
$12,500,000
Jan.
1922
Dec. 30
50,00ft
200,000
200,000
25,000
50,000
25,000
50,000
25,000
2,000,000
25,000
100,000
300,000
75,000
100,000
150,000
100,000
208
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 5—National banks reported in liquidation from November 1, 1922, to
October 81, 1923, the names, where known, of succeeding banks in cases of succession, and date of liquidation and capital—Continued.
Name and location of banks.
i Date of
• liquidaI tion.
First National Bank of Florence, Kans. (11778), absorbed by Marion County State
1923.
Bank of Florence
Jan. 2
Merchants National Bank of San Francisco, Calif. (9882), absorbed by Sacramentoban Joaquiu Bank, Sacramento, Calif..
Mar. 14
First National Bank of New Brockton, iAla. (10457), absorbed by Farmers & Mer. .,
chants NiU ional Bank of Enterprise, Ala
Mar. 12
American National Bank of Idabel, Okla. (11246), absorbed by The First National
Bank of Idabel
Mar. 16
First National Bank of Westby, Mont. (11209), absorbed by Fanners State Bank
of West by
".
Afar. 24
First National Bank of Bangs, Tox. (11871), absorbed by First State Bank of Bangs. Apr. 1
Miami National Bank, Miami, Fla. (12011), absorbed by Miami Bank & Trust Co.,
Mar. 21
Miami.,
First-Second National Bank of Akron, Ohio (9953), absorbed by Peoples Savings
< Trust Co. of Akron
&
".
Apr. 30
First National Bank of Enloe, Tex. (6271), absorbed by Guaranty State Bank of
Apr. 25
lvnloe
"White Hall National Bank, White Hall, Md. (9469), succeeded by The White Hall
May 4
Bank, White Hall
Farmers National Bank of .Fella, Iowa (80-17), absorbed bv Securitv State Bank
...do
of Pel la.
Bayden-Clintoii National Bank of Columbus, Ohio (4697), absorbed by Huntington National Bank of Columbus
May 1
Importers and Traders National Bank of New York, N. Y. (1231 j , succeeded by
The Importers <fc Traders Bank of New York
May 9
National Bank of Smithtown Branch, N. Y. (9820), succeeded by Bank of SmithMay 5
lown.
First National Bank of Dodge Center, Minn. (6082), absorbed by Farmers National
Bank of Dodge ("enter
"
.'
Mar. 24
First Nai ional Bank of Livermore, Calif. (8002). absorbed by The American Bank,
Oakland, Calif
'
*
.
May 17
First Mai ional Bank of Conira Costa County at Martinez, Calif. (8692), absorbed
by American Bank of Oakland, Calif
]
May 18
McTohnnis National Bank of Raleigh, N. C. (9471), absorbed by Wachovia Bank
<Sc Tnisl; Co. of Winston-Salem, N. C
May 8
Americaii National Bank of Sparta, Tenn. (7912), absorbed by Farmers & Merchants Bank of Nashville, Tenn
May 22
Guaranty National Bank of Porum, Okla. (1.1.568), absorbed by American State
Hank of Ponnri
Apr. 28
Citizens National Bank of Corinth, Miss. (9751), absorbed by The First National
Bank of Corin11)
May 25
go;iihwes:-t National Bank of Oklahoma City, Okla. (11481), absorbed by First
National Bank in Oklahoma Oily
".
*
June 1
First National Bank of Port Lavaca, Tex. (5367), absorbed by First State Bank
of Port Lavaca
.'
May 30
National. Bank of Webb City, Mo. (8016), absorbed by Webb City Bank, Webb
Ciiv
June 6
June 20
First'Naiional Bank of Huron, Ohio (4778)
First National Bank of Three Forks, Mont. (9337), succeeded by The Labor
Mar. 19
National Bank of Montana at Three Forks
I
First National Bank of Lancaster, Pa. (333), absorbed by Farmers Trust Co. of
June 25
Lancaster
Liberty National Bank of Pittsburgh. Pa. (4339), absorbed by East End Savings
June 20
& Trust Co. of Pil.tsburg
Commercial National Bank of Indianapolis, lnd. (10671), absorbed by The NaJune 30
tional City Bank of Indianapolis-. „
".
City National Bank of Perth Arnboy, N. .J. (11351), absorbed by Perth Amboy
Trust Co., Perth Amboy
...do
Rick or National Bank of Quincy, 111. (2519), absorbed by The Quincy-Ricker
National Bank & Trust Co. of Quincy
.*
June 12
First National Bank of Madison, Fla. (7190), succeeded by Madison State Bank,
Mad ison
June 30
First National Bank of Salinas, Calif. (5074), absorbed by Bank of Italy, San Francisco, Calif
June 20
First National Bank of Marshfield, Mo. (10009), absorbed by Farmers Exchange
Bank of Marshfield
June 18
Luzcrnc County National Bank of Wilkes-Barre, Pa. (9235), absorbed by Miners
Bank of Wilkes-Barre
July 14
First National Bank of Marble Falls, Tex. (4545), absorbed by Citizens State Bank
of Marble Falls
June 25
State National Bank of Lynn, Mass. (11169), succeeded by State National Bank in
June 8 I
Lvnn.
Central Exchange National Bank of Kansas City, Mo. (11491), absorbed by Home
Trust Co. of Kansas City
July 16 j
Minneapolis National Bank, Minneapolis, Minn. (11778), absorbed by The North
Western National Bank of Minneapolis
July 9 I
Capital.
$50,000
1,500,000
45,000
50,000
25,000
25', 000
150,000
1,500,000
25,000
25,000
50,000
700,000
], 500,000
50.000
25,000
50,000
50.000
300.000
50,000
25,000
50,000
250,000
25,000
100,000
50,000
25,000
210,000
200,000
300,000
100,000
500,000
75,000
200,000
25,000
400,000
30,000
200,000
200,000
200,000
REPORT OF THE COHPTIUHJUCR OF THE OURRKXCY.
209
TABLE N O . 5—National bank?; reported in liquidation from Kovew'oer jf, 1922, to
October SI, 1923, the ruimes, where known, of succeeding banks in cases of succession, and dale of liquidation and capital—Continued.
Name and location of bank.
Date of
Mijuida1 ion.
Battery Park National Bank of New York. X. V. (7447), succeeded by The Battery
Park Bank (which was taken over by Bank of America, New York)
July 21
Boylsion National Bank of Boston, AFass. (545). absorbed by The Common weal t hAtlaniic Naiionai Bank of Boston
Julv 2fi
First. Nai ioiial Bank of Newdale, 1 tlalio (i(W)75)
Ang. i.
First National Bank of Lake. Hamilton, Fla. (117(W)> .succeeded by Bank of Lake
Hamilton
Aug. 4
Fir\-t National Bank of Dayiona, Fia. (!()5I5), absorbed by Daytona Bank tV Trust
Co., Davtona
Auti. 2
si-ito National Bank of Carlsbad, N. AFox. (10962), absorbed by The National
Bank of (-arlsi^d
'
July 30
American National Bank of ltacine, Wis. (IO93>s), absorbed by The .Manufacturers
National Bank of Racine.
Anjr. 24
American National Bank of San Francisco, Calif. (Gi2(>), succeeded by The American Bank of San Francisco
Aug. 18
First National Bank o? Sheldon, N . Dak. (0077), absorbed by The Fanners 8<-!o
Bank of Sheldon
Aug. 31
First Nat ioiial Bank of Adrian, Afo. (10375), succeeded by The Naiionai Bank of
Adrian
Aug. 20
Conway Nat ional Bank, Conway, N. 11. 0M76), succeeded by Carroll County Trust
Co., Conw ii\
Sent. 17
Security National Bank of San AFateo County in Half Moon Bay. Calif. (11407),
(bank never opened for business)
'
Fob. 24
Naiionai Bank of Commerce of Shaw nee, Okla. (9998), succeeded by National
Bank of Commerce in Shawnee...
Aug.
Firs; National Bank of Oridiey, 111. (i I2I»S), absorbed by State Bank of (iridle\... Aug.
Peoples National Bank of Rushvil'o, Jnd. (7374), succeeded by The American
Nrar.i:>nal Bank of Kushville
'
Aug.
Palmetto National Bank of Columbia, S. C. (SL33), succeeded by The Columbia
National Bank, Columbia
.'
! Sept.
First Naiioivil Bank of "VYHser, Idaho (6754), absorbed bv The Wei^er National
Bank, Weiser
-'
| Sept.
Ninth National Bank of Philadelphia, Pa. (3371 \ succeeded by The Ninth Bank
<k Trust Co. of Philadelphia
"
: Oct.
Old State .National Bank of Kvans\ ille. Tnd. (747S), succeeded by Old National
Hank in Kvaiisville
.'
• Sept.
Vlr^i National Bunk in .llas'ijijis, Okla. (10()<)!), absorbed by The Oklahoma
National Bank of Jlast ings
Nebraska National Bunk of Omaha, NYbr. (2(105), absorbed by The First National ! A I *
Bank of Omaha
I
First National Bank of AFarshall, Ark. (!0794), succeeded by The First; Sluie. Bank ,Sopi.
of Marshal!
'
American Naiionai 'Bank <$; Trust C->. of Dayton, Ohio (105!), absorbed hv TheSept.
NFerchants Nat-ional Bank cv- Trust Co. of Dayton
".
Delta Naiionai Bank, Delta, Colo. O075), absorbed by (Colorado Slate Bank of Sept.
Delta.
First National Bank of Barlinglon, Iowa (;i51), absorbed by The First Iowa State Oct.
Trust <k Savings Bank of Burlington
'.
First National Bank of Hamlet. N. C. (I0S5D, absorbed by Page Trust Co. of Aber- Oct.
deen, N. C
*
.
('UTinison City Naii«niul Bank of. Ciiir.nison, Utah (11725), absorbed by CJunnison July
Valley Bank, Ounnis:on
"
Yellowstone-NFerchaniS Natior-al Bank of Billings, AFont. (t5«):i'), absorl>ed bv The Sent.
Midland Natiouai J$nnk, Biilings
*
| Oct.
First National Hank of. Cushion, Okla. (0IC»l), succeeded by First Stale Bank oi"
Cashion
I Oct.
Snnbiiry .Naiionai Bank, Sunbury, P;i. (0S77), purchased by The First National
Bank of Sunbury
.'
! Oct.
Total, 121 banks.
Capital.
$1,500,000
700.000
25,000
25.000
";0.000
75.000
K'KV.OOO
2.000,000
25.000
25,000
25,00!)
25.000
1no.000
«';«.). 0 0 0
o'J,
000
1.000. OiK)
75.000
500.000
500,000
25.000
50,000
200, (XX)
50, (XX)
400. OiK)
25, (XX)
50,000
350,000
50,000
100,01)0
30,21K), OlK)
TABLE N O . 6.—Capital stock, surplus, undivided profits, and aggregate resources of 'national hanks consolidated under act of November 7, 1B18,
for year ended October 31, 1923, as show?i by their last reports of condition prior to consolidation.
Continuing banks.
Closing banks.
791
Title and location.
State. Capital. Surplus.
The. Citizens National Conn.. $300,000 $200,000
Bank of Waterbury.
Undivided
profits.
Aggre- : Chargate reter
sources.
No.
$59,279 $3,955,4X9
2-19 [
35.82
The First National
Bank of Frankfort.
X. Y..
50,000
30,000
19,S77
796,431
10351
4556
The Cowlev Countv K ans
National Bank of
Win field.
The Standing Stone P a . . . .
National Bank of
Huntingdon.
The American Na- Ohio..
tional Bank of
Kindlav.
The Peoples Nation- V t . . . .
al Bank of Brattleboro.
The DubiKjue Na- Iowa..
tional Bank, Dubuque.
The Dime National s c
Bank of Charleston.
100,000
75 01)0
31 787
2,393,322
•J91S
6090
3729
2305
3110
12273
50,000
30, ooo
14,610
4X0,958
4!Ki5
150,000
75,000
7,444
2,217,109
3«
200,000
200,000
125,000
45,(KX)
200,000
50, (KX)
2,222,166
1430
29,505
2.206,488
o;',27
12,751
2,117,3*2'
1621
Title and location.
State.
The Manufacturers Conn..
National Bank of
Waterbury.
The Citizens Nation- N. Y . .
al Bank of FrankThe First National
Bank of Win field.
The Union National Bank of Huntingdon.
The First National
Bank of Fimilav.
Kans
Capital.
Surplus.
. d o..
Dec. 16
C
Dec. 29
J923.
Jan. 2
^
H
100 000
1 (>si
Aggrogate resources.
1,72S,026
hj
C
W
H
£
•
Pa..:.
125. (KX)
75,000
22.S40
1.051,235
Ohio..
150,000
150,000
74,011
1.684,362 . . . d o . . . .
ix>.
p
Do.
W
The Vermont Na- Vt.
tional Bank of
Brattleboro.
The Second Nation- Iowa..
al Bank of Dubuque.
The Peoples Nat ion- S. C...
al Bank of Charles-
250,000
300.000
317,417
2(X), O(X)
60.000
.'•SO, 9 1 1
1.979,779 . . . d o . . . . Jan. 23
500, (XX)
-100,000
\k\, 246
6,355,S26
The American Nalional Bank of
Pontiac.
The Hudson Countv
National Bank of
Jersey City.
Mich
200,000
N. J... 2 250,000
750,000
20-S, 549
6,675,604 . . . d o . . . .
125,000
1 IS, 383
1.936.6M .. - d o . . . . Mar. 24
3.093,S Hi . . . d o . . . .
Q
N. J...
500,000
m
Ohio..
200,000
•10,000
37,065
1,39(1,311
3-S25
The Troy National
Bank, Troy.
Ohio..
125,000
The Peoples National Bank of Wavncsburg.
Pa . . . .
KM), (KM)
150,000
71.322
1,739,540
4267
The Citizens Nat i o n a I Bank,
Wayncsburg.
Pa....
M )
4(X), 000 1.000, ( M
Feb. 6
£
Feb. 16
..do....
0s-
Union Trust & National Bank of
Hudson Countv,
Jersev City.
The First 'National
Bank of Trov.
£
KX), (XX)
12301
5085
Nov. 20
11.9(10
HO 000
59
756,597 . . . d o . . . .
20. (XX)
2(X) 000
2 j S9
1922.
Nov. 11
50, (XX)
Mich
•
$191,3.V> $5,S<>1,536 Sept. 15
$200. (HK)
The National Bank
of Poutiac.
1 705 242 1 V9VS
Date of
consolidation.
Undivided
profits.
$300,000
11549
1
Date of
reports.
1922.
Charter
No.
H
Feb. 21
W
t=:
O
1923.
36,374
5,4O4,S5O Apr.
3
June is
12377
12359
0325
123%
0715
12417
10590
The Commonwealth
National Bank of
Boston.
The .South Boston
National Bank of
Boston.
The Wilmording National Bank, Wilmcrding.
The
International
National Bank of
Boston.
The Farmers National Bank of Monirose.
The. State National •
Bank of Trumans- ;
Mas? . . 1,500 ; 000 1,000,0001 o%, 171 35.762,21311
Mass..:
Pa
200,000
j
7"), 000
34,">27
977,60.3
Mass.. "2,000,000 2,000.000| 1,311,31S| 53,fill,001
5000 . The E a s t Pittsburgh
;
National B a n k of
Wilmerding.
g
2i io
50,000
20,000'
s,l>«|
773,219
2223
\ . Y.. 1
25.000
i,000|
11,001;
515,09s
200,000
150,000,
7!>, 770
3. 132.727
4*H, 221 i 2S. 070, 570 ... . d o . .
Pa
The First National
Bank of Boston.
The First National
Bank of Montrose.
'
S14.49S 47,708,723? June 30
Mass..
tic National B a n k
i of Boston.
12330 ' Federal
National
B a n k of Boston.
(')
25.0001
Mass..! 3,000,000 2,000,OCR)
6-13 ' The Fourth-Atlan-
1,500.000
!
100,000
burjr.
•
Tho National B a n k ; Pa
of Johnstown.
Tot al (19 banks)'
.ft. 225,000 1,100,000 2,428,8ST> tl<); (K)2, :*6 J
200.000
'
I23.4sfi;
:
3,5.")9,33l -.. . d o . .
Do.
.July
9
W
Mass.. '].;>, 000,000 I S 000,000 3,735,953247,5SR, 629 . . ..do
July IS
1,584,^(53 . . . d o
Kept. 1
7541 ; The First National
i Bank of Trumansi burg.
5oj.-i j The United SLatos
National Bank of
'. J ohnstown.
Pa
:
June 30
Pa
50,000
lDO, 000
25, (XK).
Cn'n), IXH)
J5,000:
150.000
7,903
490,74O' Sept. 14
25.S. 153
Sept. 24
O
H
O
H
Oct. 27
C
O
Total (1.9 banks):
"j
22,925,000 23,045,000! 0,024,3441372,949,068
i
I
' J
I
1
Did not report prior <o consolidation.
2
Capital increased lo $500,000 prior to consolidation but subsequent to December 29,1922.
o
O
•rrj
212
REPORT OF THE COMPTROLLER Or THE CURRENCY.
TABLE N O . 7.—Xalional batiks consolidated under act of November 7, 1918, their
capital, surplus, undivided profits, and aggregate assets, year ended October 31.
1923.
Con-!
soli- Charda- ter
tion No.
No.
So : 2404
86 10351
87
32.18
88 i 49f>5
89 |
36
90
1430
91
2327
92
1621
12288
1182
3825
42(>7
043
12336
100 | 200
101
222;$
102
103
5913
Date of
dat ion.
The Cit izens and Manufactur- Conn.. Nov. 11
ers National Bank of Waterbury.
Citizens First National Bank N. Y.. Nov. 20 |
of Frankfort.
The First National Bank of Kans.. Dec. 16 |
Win field.
The Union National Bank of
Huntingdon.
The American-First National
Bank of Findlay.
Vermont. - People's National
Bank of Bral tleboro.
The Consolidated National
Bank of Dubuque.
The Peoples National Bank of
Charleston.
The American National Bank
of Poniiac.
Union Trust and Hudson
County National Bank, Jersey City.
Tin?'First Troy Nat ional Bank
and Trust Company, Troy.
The Cil izens NationalBank of
Wanyesburg.
The Common wealth-Atlantic
National Bank of Boston.
"Federal National Bank of
Boston.
First, National Bank of Wilmerding.
The First National Bank of
Boston.
The First and Farmers National Hank of Moniro.se.
The First National Bank of
Truinansburg.
The United States National
Bank of Johnstown.
Total (19 banks)
! Aggregate
ggg
assols
profits, jj
Stale. con sol i- Capital. Surplus.
Title and location of bank.
$200,000
$000,000
50,000
200,000
1923. i
Jan. 2 ! 17^,000
Pa
Kit), 000
200.000
105,000
Ohio.. ...do
Vt
$9,267,974
0 1,000,000
Mich.. Feb. JO I
! 400,000
N.J... Feb. 21 I 750,000
Ohio.. Mar. 24
Mass.. June 30
I Mass.. ...do
2,053 I 3,780,319
;
5,212,247
600,000 . 313,600
13,985 I 5,700,309
100,000
7,778,35S
400,000 i 101,491
4,063,991
100,000 I 3,126
17,73S,63S
753,787 I 203,281
500,000
150,000
300,000
• Pa.... June 18
34,020 ; 1,577,810
125,000 •
. . . d o . . . . J 400,000
S.C... Feb.
1,507,062
32,549 j 3,705,445
I
| 250,000
Iowa.. Jan. 23
S14,46o
3,200,9$7
500.000 1,000,000 267,708
7,183,301
J4,500,000 3,600,000
800,668
S3,470,936
.,1,500,000
4S9,221
2s,676,576
] Pa.... July 9 | 200,000 200,000 162,454 j 4,503,050
Mass.. July is 15,000,000 15,000,000 5,974,835 ;299,100,siS
Pa.... Sept. 1 200,000
30,000
11,040 | 2,372,682
i
N. Y.. Sept. 24 I
Pa
Oct. 27 i
:
I
20,000
50, ooo
800,000
27, SIS i 1,012.347
300,000 ; 34 s, 979 • 10,151,622
27 .425.000; 22,933.7^7 S.M)4,913 500,124,512
!
!
" ' •
='
i
KEPOBT OF T11K COJIPTIIOIJ.KK OF THU
(TRBEXCT.
213
TABLE NO. 8.—Number and capital of Stale banks converted into national banking
associations in each State and Territory from. 1863 to October 31, 1923.
Xnrn-
IN'um-l
1
b«T of i Capital.
. banks.'
Stale or Territory.
No'.v H a m p s h i r e
Vermont
,
Massachusetts.
Rhode Island
Con i lecticut
|
j
Stale or Territory.
S>4, GO.'), 000
2,~9f>', (MX)
2,029,990
71,391,200
10,717. r>50
18,932; 770
52
05
110,271,510
New E n g l a n d States
New York
No w Jersey
Penn^yl vn'nia
Delaware
Maryland
District of Columbia
1(H), 231,291
9,220, 150
31,894,095
585,010
10.249,372
8S0,000
109
0
30
Eastern .States
]
Virginia
West Virgin ia
North Carolina
Soul h Carolina
Georgia.
Florida.
Alabama
Mississippi
Louisiana
Ti
429 : 159,000,21s
!
I
00
33 .
30
5,9J2,100
2,20S. 900
3, til.000
''
1, ! 12,000
2,037,000
i,si">;ooo
2,700.000
640', 000
3,575.000
^00
Ohio
Indiana...
llliriqis
Michigan..
Wisconsin.
Minnesota.
town
Missouri...
horof.
banks.
Capital.
21
25
35
''3
32
10,1
12
43
329
Middle States
Xorth Dakota
South. Dakota
Nebraska
Kansas
Moult) na
Wyoming
Colorado
New Mexico
O klahoma
$2,S90,000
1,00S 000
3, (K)">, (KM)
2,795.000
2,395,000
6,09«i,000
1,935,000
US5!^K)
3(5,775,800
9
33
7
ISO
2,OS5.000
1,025,000
3,000,000
3. 127,00)
1, 4S-1, ')0i>
320.000
2,15'v.0')i)
-100,000
T, Slo.OOl)
23,"12.00;)
Western Slates.
Washington.
Oregon
California
Idaho
Nevada..
Arizona.
5,500.000
27 I 1,(^)1.000
102 I 2 0 S 2 2 )
25O.()()i>
Pacific States
29.303.^00
United Slates
Southern Slates
218
1.370
•109,:sIt). £.N
TABLIO NO. 9.—Conversions of Stale banL's and primary organizations as national
banks since March 14, 1000 to October' 31, U)23.
C on versions of
.
Classification.
Number.
Capil a! less than S.10,000
Capital $50,000 or over.
Total.
!
Capital.
Kcorganizations ;
from Stale and { Primary organiprivat(; banks and'
/aCions.
tiutional banks, j
Number.
Capital.
Number.
CapiUil.
Number.
Capiial,
> 1! $21,01^,300 1,!27| $29,852,000 2,401 803,305,500 4,402 SI II. 835, ^'
109,007,800.
(:97j U I, 135,000 1,4-19 l^l,220,000| 2,7S9! 401,302, S00
I,-I57| J30.020. !(X): I.S21; 140.9S7,OOOj 3,9K). 247,5S5,5(M)| 7, 19l| o!9, !9S,0<«)
214
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABU-; XO. 10.—Number of national bank* increasing their capital, together with
the amount of increase monthly for years ended October 31, since 1920.
1920
Months.
Num-!
ber, j
Number.
Capilal. -S™"\
"I ~
November.
December..
January
February..
March
April
May
.Tune
July
August
September.
October
28
24 |
.107 ;
50 '
77
09 .
49 I
53
75
36
1.9
21.
Total
.1922
1921
$985,000 '•
1,580, 000
5,605, 800
4,575,000 •
1,495,000
5,700,000
1, 090, ()(K)
2,705,000
1,700, 000 ,
295,000
1,510,000 '
475, 000 i
$3, 270, 000
2,015, 000
15, 805, 000
5,900, 000
8,615,000
19, 030, 100
4, 084, 000
4,094,000
13,095, (XX)
8, 515,000
1, 185, 000
17,510,000
! 608 . 104,618,100 • 259
7
24
l)
5
To
23
17
23
39
21
12
15
J«23
Capital.
Capita!.
$2,090,000
425,0<K)
3, 320, 000
7, 420, 000
1,280,000
3, 030, 000
2,055, 000
4,040, 000
0,074, 850
1, 821,500
1, 200, 000
!
j.; 005, ooo
I
27,835,800 : 229 ; 35,027,350
$880,000
11,165,000
6,835,000
3,005,000
:JO
3,870, (XM)
22!
2,505,000
15 1
2,540,000
22 i
2,700,000
29 i
3,200,000
16 ;
1,485,000
10 [ 1,045,000
13
3,037,500
11
49
57
28
* 302 . i 42,807, .300
iese cases, 165 were effected wholly or in part by stock dividends aggregating $24,749,000.
TABLE N O . 11.-—Number and authorized capital of national banks chartered and
the number and capital stock of banks closed in each year ended October SI, since
1913, 'with the yearly increase or decrease.
!
Closed.
Chartered.
Year.
Consolidated
under act .Nov.
7, 1918.
In voluntary
liquidation*.
Insolvent.
Net; yearly
Net yearly
increase (ex- decrease (exclusive of ex- clusive of ex; isting banks isting banks
increasing
decreasing
their capital). their capital).
•
"
No.
.' TT
• Caj>ital.
No.
!
Capilul.
No. j C a p i t a l .
•
Capital.
Capital.
26
No-
Xo.
$9,622,000
5,935,500
9,003,000
4,007,500
3,015,000
:No. j
1814.. 195 418,675,000 ....|
1915.. 144
9,689,500
6.630, 000
1910.. 122
11)590,000
1917..
13, 400, (MX)
»918..
21, 780, 000
1919..
$3,220,000
31, 077, 5(X)
1920..
i 1,650, (X)0
20,005, 000
1921..
i 850, (X)0
24,890,800 21 i 3, 275, 000
1922..
30,522,500 ! 19 i 2, 575, 000
1923..
1
2
$20, 487, 000 21. '$1,810,000
13,795, 000 14 1,830, (HX)
805, 000
14, 828, (XX) 13
14,307, 500 7 1,230,000
10,105,000 2 i 250, (XX)
25, 000
10, 380, (XX) 1 |
205, (XX)
14, 730, (XX) 5
37, 075. 000 34 1,870,000
18, 91 (), (XX) 31 2,015, 000
39,290, 000 153 3, 405, 000
01
4S
62
94 ,
3 5 ; $2," 155,"
666"
790,000
690,800 I.
!
i
:•
757," 500
Amount of capital stock reductions incident to consolidations.
Includes 2 banks with capita) $20(),(X)0 restored to solvency. There were also 2 banks restored with
capital of $50,000 for which receivers had been appointed prior to Nov. 1, 1922. Also includes I bank with
capital of $00,000 which had been placed in voluntary liquidation by its shareholders during the previous
year.
8
Thwe was a net gain of 2 banks, considering the 4 banks restored to solvency and the one which was
in voluntary liquidation.
KKPOBT OF THE COMPTKOLLfcll OF THE CURKKNCY.
215
NO. 12.—Number of national banks organized, consolidated under act
November 7, 1918, insolvent, in voluntary liquidations and in operation on
October 31, 1923.
Slates.
Organized.
Maine
New Hampshire.
Vermont:
Massachusetts...
Rhode Island
Connecticut
Consolidated under act
Nov. 7,
19 IS.
Insolvent.
113
72
76
340
05
112
Total New "England States..
53
13
21
103
47
42
60
55
47
157
17
02
h
33
339
398
50
10
45
242
39
108
1.0
38
10
518
243
867
18
no
507
1,740
8
2 |
Total Eastern States
2, 392 J
Virginia
West Virginia..
North Carolina.
South Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
29
37
28
28
21
53
22
38
28
30
280
19
230
159
122
108
103
93
154
fit
SO
904
117
225
Total Southern St-ites...
Ohio
Indiana...
Illinois
Michigan..
Wisconsin.
Minnesota.
Iowa
Missouri...
2,f>02
20
735 '
223
120
J53
110
04
fiO
1.13
105
030
392
084
24X
22S
422
4K5
255
Total Middle Stale*
3, 344
North Dakota.
South Dakota.
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico...
Oklahoma
138
:
~233"j
1ST) I
339
424
1S4
55
200
71
G99
Total Western States.
Washington.
OregonCalifornia
Idaho
Utah
Nevada
Arizona
Alaska
20
19
28
37
32
3
14
9I
10 !
2,390 |
17S j
194
130
427
105
1
:w
2
Total Pacific
912
•JJo»"to Rico
Total island possessions..
12,455
15
31
37
130
115
34
7
43
21
220
044 j
u
125
83
84
97
58
1.07
31
34
572
89
139
107
I, 708
308
250
508
120
156
343
348
134
2,227
182
129
181
209
110
45
143
41
450
1,502
11
24
10
14
14
3
2
2
53
22
128
17
12
3
5
I
110
98
277
74
21
11
21.
3
09
241
021
2
3, 425
S, 264
0
1
7
Total of t-nited S t a t e s . . .
954 j
m
4
1
5
8
10
2S
4
Hawaii
72300°—24
1 n operation.
14
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
In liquidation.
105
001
2
216
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 13.—Changes of corporate title of national banks, year ended October
31, 1923.
Char- j
tor
Title and location.
No. I
6817
7638
10412
11880
8842
11558
6945
The Mankato National Bank, Mankato, Kans., to •'• First National Bank in Mankato"..
The New Knox National Bank of Mt. Vernon, Ohio, to "Knox National Bank in Mt.
Vcrnon"
The Glendale National Bank, Glendale, Calif., to " First National Bank in (jilendalcr
The Crescent Heights National Bank, Crescent Heights (L9.S Angeles post office), Calif.,
to '• The West Hollywood National Bank of Crescent Heights "
j The National Produce Bank of Chicago, 111., to " T h e National Bank of Commerce in
j Chicago "
! The First National Bank of Garden City, S. Dak., to " T h e Fanners National Vienna,"
i S. Dak
I The Merchants National Bank of Santa Monica, Calif., to "The First National in Santa
;
Monica "
Date.
(022.
Nov. 6
Do.
Nov. U
Nov. 20
Nov. 23
Dec.
13
Dec.
30
1923.
3923
7274
8645
44-16
8377
8437
4218
2597
4208
4975
The Commercial National Bank of Boston, Mass., to "The Commercial Security National
Bank of Boston"
".
The First National Bank of l^wistown, Mont., to "The First National Bank of Fergus
County in Lewistown "
The Lumberman's National Bank of Houston, Tex., to "The Second National Bank of
Houston "
The First National Exchange Bank of Port Huron, Mich., to "First National Bank in
Port Huron "
."
The National Bank of Riverside, Riverside, Calif., t o " First NaiionalBankin Riverside' 7
The First National Bank of Roosevelt, N. J., to " T h e First National Bank of Carierer,"
X. J. (to conform to change in name of place hi which bank is located)
The City National Bank of Commerce of Wichita Fails, Tex:., to "The City National
Bank of Wichita Falls"
The First and Utah National Bank of Ogden, Utah, to "First Utah National Bank of
Ogden "
The Gibbs National Bank of Huntsville, Tex., to "First National Bank of Huntsville" .
The National Bank of Manitovvoc, Manitowoc, Wis., to " First National Bank in Alan it o-
2865 The First National Bank of Baker City, Oreg., to " T h e First National Bank of Baker''
5287 The Nor thru p National Bank of lola. Kans., to " First Naf ional Bank of !obi"
10237 The Bowmanvillc National Bank, Chicago, 111., to "The Bowimmville Naiional Bank <j
Chicago," 111
3752 The Q.uincy National Bank, Quincy, 111., to "The Quincy-lticker National Bank, <fc Trust
Company"
'
12283 The National Exchange Bonk of Eccles, W. Va., to "The National Exchange Bank of
Berkley," W. Va. - T
5130 The First Nat ional Bank of Ford City, Pa., to "The First National Bank and Trust Company of Ford City"
4054 The American National Bank of Dayton, Ohio, to "The American National Bank and
Trust Company of Dayton "
4066 The Camden National Bank, Cainden, Ark., to "The First Nat ional Bank of Camdeti"..
4239 The Citizens National Bank of Lebanon, Oliio, to " T h e Citizens National Bank and
Trust Company of Lebanon "
11844 The Progress National Bank of New York, N. Y-, to "Seventh Avenue NoUomil Bank
of New York "
1202 The National Tradesmens Bank of New Haven, Conn., to " T h e National Tradesmen*
Bank and Trust Company of New Haven "
10039 The Commonwealth National Bank of Kansas City, M 0., to "The Liberty Nat ional Bank
of Kansas City "
".
11397 The Farmers National Bank of Tonkawa, Okla., to "The First National Bank in Tonka w? "
9825 The Yonkers Nai ional Bank, Yonkers, N. Y., to " T h e Yonkers National Bank and
Trust Company "
:
56 The First National Bank of Hamilton, Ohio, to "The First National Bank and Trust
Company of Hamilton "
11473 The Growers National Bank of Fresno, Calif., to " First National Bank in Fresno''
1295 The First National Bank of Utica, N. Y., to "First National Bank and Trust Company
of Utica "
12201 Tlie American National Bank of Santa Rosa, Calif., to " T h e First National Bank of
Santa Rosa "
7728 The National Bank of Benld, 111., to " T h e First National Bank of Benld," Til
9801 The Farmers National Bank of Ponea City, Okla., to "First National Bank in Ponca
City"
I
9678 The Peoples National Bank of Patterson, Pa., to " The Peoples National Bank of Mijnin,"
Pa. (to conform to change in name of place in which the bank is located)
3405 The Capital National Bank of Salem, Oreg., to " First National Bank in Salorn"
1
9353 The Houston National Exchange Bank, Houston, Tex., to "Houston National Bank''
al
9394 The First National Bank of Higginsport, Ohio, to "The First National Bank of Winchester," Ohio
7225 , The National Bank of La Follette, La Follette, Tenn., to "The First National Bank of
La Follette"
.Jan.
2
Jan. 11.
Jan. 15
Jan. 10
Do.
Do.
Jan. 17
Jan. IS
Jan. 19
Jan.
Jan. 21
Do.
Do.
Jan.
26
Jan. 21
Feb.
7
Feb.
Feb.
17
10
Feb.
20
Mar.
1
Mar. 15
Apr. 12
Do.
Apr. 13
May 5
May 21
June
6
June 14
July 3
July 11
Aug. 2S
Sept.
Sept. H
Oct. 12
Oct. 31.
REPORT OF THE COMPTROLLER OF THE
CURRENCY.
217
TABLE N O . 14.—Changes of title incident to consolidations of national banks, year
ended October 31, 1923.
Tho Citizen" National Bank of Watcrbury, Conn. (791), and The Manufacturers National Bank of
Watcrbury (2194), consolidated under (.he charter of the latter, with title: The Citizens and Manufacturers
National Bank of'Waterbury.
The First National Hank o f Frankfort, N. Y. (;i">S21, and The Citizens National Bank of Frankfort (1035]),
*
consolidated under the charter of the latter, with title: Citizens First National Bonk of Frankfort.
The American National Bank of Find lay, Ohio (3729), and The First National Bank of Findlay (36),
consolidated under the charter of the latter, with title: The American-First National Bank of Findfay.
The Peoples National Bank of Brattlcboro, Vt. (2305), and The Vermont National Bank of Brat, tie bore
(1430), consolidated under the charter oithe latter, with title: Vermont-Peoples National Bank of Brattleboro.
and. Hudson County National Bank'.
The First National Bank of Troy, Ohio (">0.», and The Troy National Bank, Troy (3S25), consolidated
under the charier of (he latter, v. it'll title: The First Troy National Ikuik and 'Trust Company.
The Commonwealth National Bank of Boston, Mass. (12377), and The Fourth-Atlantic National Bunk
of Boston (643), consolidated under Lhe charter of the latter, with title: The Commonwealth-Atlantic
NatLoniJ Bank of Boston.
The Wilmerding National. Bank, Wilmerding, Pa. (6325), and The East Pitlsburg National Bank of
Wilmerding (5000), consolidated under the charter of the latter, with title: First National Bank of Wiimcrding.
The Fanners National Bank of Monlrosc, Pa. (6740), and Tlw First National Bank of Montrosc (2223;,
consolidated under the charier oi" lie latter, with title: The First and Fanners National Bank of .Momrose.
TAULK N O . 15.—National banks chartered daring the year ended October 31, 1923.
Charier
No.
Title.
Capital.
First National Bank of Auburn.
Citizens National Bank of Uarvison
Fii st National Ban k of Holly Grove
First National Bank of (.enl.ry
National Bank of Conimeive of F.I J)orado..
First National Bank, of North Little Rook.
12291
12296
12340
12129
12447
$40,000
50,000
25,000
25,000
100,000
100.000
Total (5 banks).
300,000
C.Vi.IS-'OK.YlA.
12271
12300
12310
12320
12328
12341
12345
12360
12364
12385
12110
12433
12435
12453
12454
National Bank of llermosa Beach
First National Bank in Hay ward
First National Bank in 11 e Hands
<
First. National Bank in Berkeley
First National Bank of .Hullllower
First National 'Bank in Richmond
First; National Bank in Huutinjilon Ueacli
Valley National Bank of Sonoma
Citizens National Bank of :South Han Francisco...
Pasadena National Bank, Pasadena
i National City Bank of Los A i s l e s
i First National Bank in (In;ss \'alley
i New First National Bank in Btirbank
;First National Hank of Sausaiito
!Pacific National Bank of L:>s Augelos
Total (15 banks).
12431 ; Security National Bank of i-'lorence.
50,000
50,000
100.000
250,000
25,000
ioo;ooo
50.000
10()| 000
50.000
100,000
1.000.000
so^ooo
50,00?)
50,000
1,000,000
3.025,000
25,000
CONNECTICUT.
12400
12274
12275
:
Peoples National Hank of Stamford.
First National Bank of Tarpon Springs.,
First National Bank of Palm Beach
Total (2 banks).
150,000
50.000
25;ooo
75,000
218
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 15.—National banks chartered during the year ended October 31,1923—
Continued.
Charter
No.
12317
12404
12432
Capital.
Title.
Hancock National Bank of Sparta
Citizens National Bank of Barnesville.
Total (2 banks).
825,000
50,000
75,000
Wendell National Dank, Wendell.
25,000
12285 Portage Park National Bank of Chicago..
12314 American National Bank of Gillispie
12323 Broadway National Bank of Chicago
12306 First National Bank of I^ebanon
12373 First National Bank of Joncsboro
12386 First National Bank of Riverside
12391 Jackson Park National Bank of Chicago..
12403 Foreman National Bank, Chicago
12426 First National Bank of Borwyn'
200,000
50,000
200,000
50,000
50,000
50,000
200,000
2,500,000
100,000
Total (9 banks).
3,400,000
100,000
500,000
12420 American National Bank of Rushville..
12444 Old National Bank in Kvansville
Total (2 banks).
12303
12-130
COO,000
First National Hank of Bellevue...
First National Bank of Sheffield....
75,000
40,000
Total (2 banks).
12346
12353
12384
12439
12442
115,000
Southwest National Bank of Wichita..
First National Bank of Onaga
First National Bank of Hope
First National Bank of Osawatomic...
Fort Scott National Bank, Fort Scott.
200,000
50,000
25,000
50,000
100,000
Total (5 banks)..
12293
12295
425,000
Third National Bank of Ashland.
Harlan National Bank, Harlan...
100,000
100,000
Total (2 banks).
200,000
=====
MARYLAND.
12443
First National Bank of Mount Rainier
12336
12343
12359
123(52
12377
12396
12405
Federal National Bank of Boston i
Middlesex National Bank of Lowell
South Boston National Bank of Boston State National Bank in Lynn
Commonwealth National Bank of Bost on 3
International National Bank of Boston <
Safe Deposit National Bank of New Bed ford«
25,000
MASS'ACIIU^KTTS.
Total (7 banks).
1
2
_
!
j
1,500,000
200,000
200,000
_..,.._
200,000
1,500,000
2,000,000
350,000
5.950,000
With 3 branches in Boston.
"With 1 branch in Boston. Consolidated on June 30, 1923, with Federal National Bank of Boston under
act Nov. 7, 1918.
a With 3 branches in Boston. Consolidated on June 30, 1923, with The Common wealth-Atlantic National
Bank of Boston under act Nov. 7, 1918.
* With 7 branches in Boston. Consolidated on July IS, 1923, with The First National Bank of Boston
under act Nov. 7, 1918.
< With 1 branch in New Bedford.
>
REPORT OF THE OOMPTKOTJLER OF THE CURRENCY.
219
TABLE NO. lo.—National banks chartered during (he year ended October 81,1923Continued.
Charter
No.
Title.
Capital.
MICHIGAN.
American National Bant of Pontiac
Merchants & Miners National Bank ofironwood.
Peoples National Bank of Ypsilanti
12288
12387
12436
Total (3 banks).
8200,000
100,000
100,000
400,000
MINNESOTA.
Transportation 'Brotherhoods National Bank of Minneapolis.
First National Bank in Two Harbors
First National Bank of Cokato
12282
12357
12395
Total (3 banks).
2S0,000
Clayton National Bank, Clayton
First National Bank of Clayton
Telegraphers National Bank of St. Louis.
National Bank of Adrian.
First National Bank of Stccic
12329
12333
123K9
12413
12452
200,000
50,000
30,000
Total (.") banks).
37,500
100,000
500,000
25,000
25,000
1)87,500
MONTANA.
Labor National Dank of Montana at Three Forks.
Midland National Bank of Billings
J23GL
12407
Total (2 banks).
225,000
Lincoln state National Bank, Lincoln.
123)2
XKW
200,000
JKKSKV.
Montclair National Bank, Montclair
First National Bank of Wyckoll
First National Bank of Sea Isle City
First National Bank of Garwood
Union Trust & National Bank of Hudson County, Jersey City !
Brick Church National Bank of Orange
Coast National Bank of Seaside Heights
Bayonne National Bank, Bayonnc.
Little Ferry National Bank, Lit ilc Ferry
National Bank of America in Paterson
Franklin National Bank of Jersey City
West Englewood National Bank, West Engiewood
First National Bank of Avon-by-tlie-Sca
Tnion Center National Bank, Union Center Maple Shade National Bank, Maple Shade
12268
12272
.12279
12297
12301
12338
32354
12367
121178
12383
12397
12402
J2422
J242.r)
1212S
i
25,000
200,000
Total (J3 banks).
100,00!)
25,000
25, (XX)
25,000
500,000
100, 000
25,000
200, (XX)
25,000
300,000
200.000
/so; ooo
25,000
25,000
50,000
1,<»75,000
JSI:W YORK.
Ozone Park National Bank of New York, Ozone Park :l.
Cataract National Bank of ftiagara Falls
Hewlett-Woodmero National Bank of Woodmere
Hamilton National Bank of New York
South Side National Bank of Buffalo
(renesco Nations 1 Bank of .Buffalo
National Bank of Bay Ridge in New York
Liberty Nations 1B ank in New York
Franklin National Bank in New York
Jordan National Bank, Jordan
Central Islip National Bank, Central Islip
Queensboro National Bank of the City of New York
United National Bank in New York 4
State National Bank of Trumansburg
200,000
200,000
50,000
,000,000
300,000
200,000
300,000
500,000
800,000
25,000
25,000
200.000
,000*, 000
25,000
*With two branches in Bayonne, N. J., one of which was afterwards removed to Jersey City. Consolidated Feb. 21,1923, with Onion Trust and Hudson County National Bank, Jersey City, under act
Nov. 7,1918.
a
Post office, Union.
3
Post office, Ozone Park, Queens County, New York, N. Y.
4
itional Bank of Triiin<insbiirg, under act Nov. 7, Ii)!S.
Consolidated on Sept. 21, l'.»23, with The First Nat"
122K0
122S4
12294
12300
12313
12337
12344
32352
12370
12375
12379
12398
1240H
12417
220
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 15.—National banks chartered during the year- ended October SI, 192$—
Continued.
NEW Y ORK—continued.
Bush wick National Bank of New York
12445 Riverside National Bank of B uffalo
12449 First National Bank of Floral Park
12450 National Bank of Geneva
12419
Total (18 banks)
$200,000
200,000
50,000
300,000
5,575,000
NORTH CAROLINA.
12278
Farmers National Bank A. Trust Co. of Winston-Salem1
300,000
NORTH DAKOTA.
12393 First National Bank in Drake
1240 L Liberty National Bank of Dickinson
25,000
50, OIK)
Total (2 banks)
75,000
OHIO.
12321 First National Bank in Wellington
12332 Second National Bank in Youngstown
12347 First National Bank of Rocky River
12350 Columbus National Bank, Columbus
12305 Magruder National Bank of Port Clinton
12440 Brotherhood of Railway Clerks National Bank of Cincinnati
Total (ft banks)
,
200,000
100,000
500,000
.50,000
200,000
1,110,000
OKLAHOMA.
12277
1229S
12299
12302
12310
12312
12315
12318
12322
12330
12331
12334
12335
12339
12356
123(38
12369
12376
12388
12394
12441
Security National Bank of Muskogee
Security National Bank of Sentinel
First National Bank in Cordell
Cordell National Bank, Cordell
First National Bank of Castle
State National Bank of Paden
First National Ba n k of Carney
First National Bank of Gracemont
First National Bank of Jones
Love County National Bank of Marietta
Security National Bank of Stigler
State National Bank of Wynnewood
First National Bank in Cement
Federal National Bank of Shawnee
American National Bank of Tonkawa
American National Bank of \\ agoner
American National Bank of Bcriniug'ton
Farmers National Bank of Helena
Slick National Bank, Slick
Merchants & Planters National Bank' of Porter
National Bank of Commerce in Shawnee
Total (21 banks)
100,000
25,000
30,000
30,000
25,000
25,000
25,0(X)
25,000
25,000
25,000
30,000
25,000
25,000
100', 000
25,000
50,000
25', 000
25,000
25,000
25,000
100.000
790,000
OREGON.
12427
First National Bank of Wheeler
25,000
PENNSYLVANIA.
122S1
12304
12305
12326
12327
12349
12355
12358
12363
12380
12414
First National Bank of Bluo Ridge Summit
First National Bank of Roaring Spring
Eastern National Bank of York
First National Bank of Indian Head.
Liberty National Bank of Girardville
First National Bank of Mocanaqua
Citizens National Bank of Bolivar
Paoli National Bank, Paoli
First National Bank of North (i irard
Camp Hill National Bank, Cam p Hill
Highland National Bank of Pittsburgh
Total (11 banks)
1
With one branch in Winston-Salem.
25,000
50,000
100,000
25;ooo
60,000
25,000
50,000
50,000
25,000
50,000
200,000
660,000
221
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 15.—National banks chartered during the year ended October 31, 1923—
Continued.
Chartor
No.
Ciinital.
Tiile.
SOUTH. CAROLINA.
12273 Dime National Bank of Charleston' .
123X1 National Bank of HoDca Path
12412 Columbia National Bank, Columbia..
$200,000
100,000
5(X). 000
Total (3 banks).
800,000
12325
12374
SOUTH DAKOTA.
Farmers National Bank of Fairfax.
Dakota National Bank cf Webster.
50,000
25,000
Total (2 banks).
75,000
12270 Central National Bank of Nashville...
12319 First National Bank of Kingston
12324 First National Bank of Lexington
1234S Southern National Bank of Memphis..
12438 Citizens National Bank of Trenton
12440 First National Bank of Sovierville
300,000
25,000
25, (XX)
300,000
75, (XX)
60,000
Total (t> banks).
7ST>, 000
12206 Swcnson National Bank, Swenson.
12287 First National Bank in Dc K a l b . . .
12289 State National Bank of Alpine
12307 First National Bank, in Quanah
12308 Security National Bank of Quanah
12309 First National Bank of Ta ft
12371 Texas Nat ional Hank of Foil Wort h
123S2 Leonard National Bank? Leon an I
12390 First National Bank of Nordhoim
12408 First National Bank of Rowena
12409 Bridgeport National Bank, Bridgeport
12411 Rembert. National Bank of Longview
12415 First National Bank of Norton
12410 First Nat jona I Bank of Paradise
12421 First National Bank of La Porto
12423 First National Bank of Street man
12424 First National Bank of Pen:in
12434 South Texas National Bank of Calvesion..
.12437 First National Bank. CJ-raford
1.244* Exchange National Bank of Eastland
Total (20 banks)
25,000
100,000
30,000
100.003
50.000
50'. 000
300,001)
50, 001)
25,001)
35, (XX)
25. 000
i00,000
25, 000
25.00;)
25'. 000
25,000
25,000
200,000
50,000
50,000
j
1.315,000
VIKGTN'TA.
12267
12290
12311
12451
Old Point; National Bank of Phoebus..
First National Bank of Fries
First National Bank of Ferruin
Hanover National Bank of Ashland.
Total (4 banks)
50,000
40,000
25,000
50,000
1(15,000
WASHINGTON".
12209
12292
12392
12399
12418
First National Bank in South Bend
Puget Sound National Bank of Taeonia
Longview National Bank, Longview
First National Bank of Ren ton
Brotherhood's Co-Operative National Bank of Spokane.
Tolii! (5 banks) .
25,000
300,000
125,000
50, (XX)
200, (XX)
700,000
WKST VIRGINIA.
12270
12283
12372
First National Bank of Mullens:
National Exchange Bank of Eeeles -'
Tug River National Bank of IYiogor
Total (3 banks)
2"), 000
25.(XX)
50,000
100,000
WISCONSIN 7 .
122S0
12351
First National Bank of Marion
United States National Bank of LCooosha
Total (2 bantvs)
Total United States (I1*) banks).
50,000
100,000
1507000
30,522,500
1
"With 2 branches in Cluirkvtfon. Consolidated on Feb. 0, 192-*i. with The Peoples National Bank of
Charleston, underact Nov. 7, IMS.
2 Title and location exchanged on Fan. 27, 1923, to The National Exchange Bank of Beekley.
222
REPORT OF THE COMPTROLLER OF THE
TABLE NO. 16.—National banks, by States and geographical divisions, organized,
failed, and reported in voluntary liquidation daring the year ended October 81,
" 1923.
Failed
Organized.
States.
Num- Authorized Numcapital.
ber.
ber.
Now Hampshire
"Vermont
Massachusetts .
Connecticut
1
New E n g l a n d
Slates
New York
New Jersey
VVnns vlvania
Maryland
Eastern States....
Capital.
Voluntary liquidations.
Gross
assets.
$5,950,000
150,000
1
150,000
$149,684
1
50,000
149,684
Number.
Capital.
1
1
5
1
$25,000
75,000
1,650,000
200.000
Gross
assets.
$404,699
034,995
29,829,932
2,005,616
8
0,100,000
8
1,950,000
33,475,242
18
15
11
1
5 575,000
1,675,000
600, 000
25,000
4
1
1
15,550,000
100,000
3,535 000
25,000
355 315 456
806,741
56,970,057
748,603
45
7,935,000
13
19,210.000
413,840,857
1
100,000
191,325
3
o
3
5
1
1
6
1
375,000
1,200,000
1,350,000
325,000
45,000
50.000
405,000
50,000
6,101,351
11,869,231
23,028,596
3 769 937
199,563
400,394
2,607,491
426,245
_______
4
3
1
3
2
2
1
165,000
100,000
300,000
s00, 000
75,000
75 000
.40,000
20
1,315,000
300,000
200,000
7*5, 000
3
» 260,000
3,249, LS6
2
G
2
2(X), 000
1,932,063
49
4,155,000
7
035,000
7,939,004
25
4,100,000
50,526,196
0
2
9
3
2
3
2
5
1,110,000
000,000
3,400,000
100, 000
150,000
2S0, 000
115,000
087,500
I
100,000
1,525,775
1
1
2
25,000
100,000
2100,000
134,502
1,252,035
507,106
(i
3
3
1
1
2
2
6
2,800,000
850,000
630,000
100.000
100,000
225,000
450,000
1,450,000
40,654,783
11,748,943
6,422,119
1,847,105
836,000
3 744 O t
M
'
4,828,336
12,566,271
32
6,742,500
5
325,000
3,419,418
24
6,605,000
82,647,621
2
2
1
5
2
75,000
75,000
200,000
425,000
225,000
3
5
1
100,000
255,000
50,000
1,352,627
3,228,432
604,793
1
1
1
1
25,000
21
790,000
12
1
1
3
5
535,000
50,000
150,000
110,000
440,000
6,358,0X0
2*3,398
975,756
1,147,785
4,327,621
1
1
1
12
25.(KM)
50,000
500.000
100,000
450,000
25,000
50,000
75,000
800.000
149,046
400,564
3 589 0^9
505,812
3,949,087
110,182
560 284
4O0,214
7,466,870
34
1,815,000
31
1,090,000
18,279,098
26
2,075, 000
17,137,108
5
1
15
1
700,000
25,000
3,025,000
25,000
1
2
5
5,200,000
100,000
50,000
1
67,660,890
1,006,057
146,011
100,000
015,856
Pacific States
22
3,775,000
9
705, (XX)
3,972,596
25
5,350,000
68,812,958
United States
190
30,522,500
53
3,405,000
33,759, S00
121
39,290,000
066,439,982
Virginia
\V(>*!| Virginia
N C"th Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi .
Texas
Arkansas . . . .
Kenfuekv
Twnnossee
Southern States...
Ohio
Indiana
Illinois
Michigan..
Wisconsin. .
Minnesota
Iowa
Missouri
Middle States
North Dakota
South Dakota
Nebraska... .
Kansas
Montana .
Wvominff
Colorado
New Mexico . . .
Oklahoma
Western States....
Washington..
Oregon
California
Idaho
Utah..
Arizona
1
3
325,000
4,399,034
1
50,000
290,184
;{
i
25,000
3 200,000
380,000
361,943
1,277,241
1,717,556
22
2
1
Includes one bank with capital of $150,000 and gross assets of $2,239,109 restored to solvency.
2
Includes one bank with capital of $60,000 and gross assets of $293,320 previously reported in voluntary
liquidation.
< Includes one bank with capital of $50,000 and gross assets of $340>S2 restored to solvency.
*
223.
REPORT OF THE COJIPTROTXER OF THE CURRENCY.
TABLE NO. 17.—Number and classification of national banks chartered during the
year ended October 31, 1923.
Conversions.
"Reorganizations.
P r i m a r y organizations.
Total.
Months.
Number.
November.
December..
January
.February..
March
April
May
.Tune
h)]y
August....
September.
October
Total
Capital.
Number.
$925, 000
125,000
1,495,000
400. 000
2.107, 500
' 000, 000
2,000, 000
2,305, 000
610, 000
215,000
300,(XX)
50,(XX)
69
11,11)2,500
Capital.
Number.
$25,000
50, (XX)
160, 000
400, 000
200, 000
300, 000
25, 000
25, 000
), 325. 000
$3->0,0(X)
825,000
1,350,000
' 520, 000
850,000
1,725,000
1,800,000
.1,425,000
2,075, (X)O
'175.000
SCO, 000
1.215, (XX)
750, 000
300, 000
31 i
5,500,(XX)
Capital.
90
13,770,000
$1,300,000
1,000,000
3,005,000
1,320,000
3,217,500
2,625,000
3,825,000
3,755,000
G, 610,000
390,000
1,910,000
1,565,000
190
30,522,500
224
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 18.— United States bonds on deposit to secure circulating notes of
national banks in the years ended October SI, from 1900 to 1923.
United States bonds held as security for circulation.
Year.
1900.
Num-
>er of
banks.
4 percent
bonds.
2 per cent consols of 1930.
Consols
of
f
$1,019,950 ;
1907,
3,871 J C o n s o l s o f .
$13,544,100
i
1930,
i Loan, of 1895,
7,503,350
I
270,000,000
Consols
1901.
1902.
1903.
1904.
(Consols
0,225
11,020
ii ; 873
1009
7,025
1910.
1911
1912
1913
3914.
191.1.
1910.
19)7
1918
1919.
1920
1921
1922,
1923
7,218
7,331
7, -128
7,514
7,578
7,(532
7,(i()8
7, 071
7,765
7,900
8,157
8,179
8', 202
8,204
Loan of 1898,
3 per con t ,
$7,750,580
Loan of 1904,
5 percent,
51,293.000
3,983,780
2«>S, 9(K)
0,050,720
1,100,900 '
338,3-32,070
718,050 !
3S2,72«,S30
Total.
i
•
329,8.33,930
i
l,797,5S0
1,922,940
42«fr»M.79O
2,215,540
493,912,7-30
3,273,700
[2 per cvnl
I P a n a in a
Canal,
539,033, ISO
14,482,030
0,490,080
17,245,380
38, r>^$, 080
13,930)500
554,700,700
10,408,520 Certificates of i
14,900,450
indebtedness
3 per eon!.
)
2 percent 1930
[4 per cent loan 3 p e r c e n t 190sand
19.5S,
573,32S,150 J of 192"-,
1918,
P auama
I
15,4(53,050
14,575. .")(>0
Canal,
76, 178,0X0
580,115,400
15,337,540
78,420.480
21,022,050
593,000,000
18,199,380
80,110,040
22,854,300
001,702,000
20,419.220
81,2">S.4*»
2ft,817,000
004,204,950 .
22,245', 100
81,701! 240
35,302,700
COO, 022,3(K)
Sl,97i;S2()
21,447,ISO
34,099,300
600,078,000
8!, 014.420
20,377,/2"0
32.301,800
507,090,250
15,9SU)80
7S, 06S, (500
26', 211.400
555,514,950
34,7 111 ,900
17,715; 220
71,100,140
501,848,000
50,240,800
32,240
72,324, 800
505,094,950
58,055,050
72,672,060
08,578, 000
570,372,500
73', 116,000
570,522,950
73,732,140
77,257,400
581.493,950
82,509,900
73, r».">0, S40
i>M\, S01, S00
S">, <:M, 1 "0
73.937.3S0
$301,123,580
of
1907,
4,050,350
Loan of 1895,
I
4,405,000
C o n s o l s of
1907,
25,124,050
492,170,650
Loan of 1895,
4,002, 100
/Loan of 1S95,
532,543,550 \
10,732,900
483,181,900 <
5 per c e n t
bonds.
of
f
12,500
1907,
4,221 J C o n s o l s of i
0,032,000
1
1930
'
Loan of 1895,
I 310^025,050
2,911,100
C o n s o l s of
1907,
8,248,450
4,601
320,738,000
Loan of 1895
2,208,000
C o n s o Is of
1907,
5,147
370,003,300
2,979,200
Loan of 1895,
1,110,100
(C o n s o I s o f
1907,
5,495
410,972,750 \
5,857,500
Loan of 1895,
1
1,791,000
5,858
1900.
3 per cent
bonds.
5ii7,011,9I0
032, GJ -1,8.50
07i», ."!••», 710
694,926,070
714, 170,320
730,257,2Si)
743,513,99; i
744,740,6! K)
734,97">, 541)
087,95?; 1)9:)
079,410; 210
084,446,44i)
695,822,06!)
712,000.50!)
727,512,490
737,660,690
740,502/^0
TABLE N O . 19.—Profit on national bank 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 31, 1923.
CONSOLS OF 1930.
"
Receipts.
Profit on circulation
in excess of 0 per
cent on the investmont.
Deductions.
Interest
on bonds
intercut
on circular ion
less 5
per cent
redemption
fund.
Gross
receipts.
.* LOO, 000
100,000
•>2,000
2,000
, 700
, 700
100.000
100.000
100.000
100,000
100.000
2,000
2,000
2,000
2, 000
2.000
2,000
2, 000
2.000
2,000
2, 000
, 700
•', 700
.TDO
.700
•.700
, 700
>.700
,700
, 700
, 700
7,700
7.700
7.700
7.700
7,700
7.700
7.700
7.700
7,700
7. 700
Iutere.-j.. on
cost of
bond- ai.
6 per ceni.
S7.700
7,700
CirculaCost, of
bonds. t I. ion obtainable.
Date.
r
I
Not
receipts.
Amount.
Per cent.
O
1922.
November.
December.
OSS
, 3102.
| 102,
SG, 101.2S
6,152. 82
SfiSS. 77
703.66
0.600
.686
S47. OS
sl5. 95
sGii. 42
809. 24
873. 78
S99. 26
1,054. s6
1.074. 16
1.053.21
1,05s. 17
6,152.58
6,149. 82
0,1.58.34
6,157. 50
6,157.50
6,167. 88
6.241. SO
6,247.50
0,233.70
«'. 232. 50
700.34
704. 23
075.21
673. 26
668. 72
632. 86
403.34
378.34
413.03
409. 33
.683
. 0S7
. 60S
. 050
.652
.616
. 388
. 303
. 39>
. ;v.)4
.«!, 1S5.10 i S2.517.60
i.389.S3
2,452.33
87,152.40 j $6,208.71
7,247.67 j 6,187.50
S913.66
1.060.17
0.912
1.023
1,014.98
884.65
712.95
636.63
544.14
442.14
1 26.52
1 31.24
490. S3
357.91
.857
. 690
.616
. 528
.428
1.026
1 .030
. 477
. 34S
1923.
January
Februurv.
March..'..
Ap>ii
May
i
• 102,
102,
1W2.
•
102,
: io2.
; 102.
' 101,
104.
: 103.
103.
July
Aujrust
September..
October
'.oo.ooo
100,000
100.000
LOO,000
1.00, OOi)
500 I
500
500
500
500
500 j
500
!
500 ;
500 I
62.50
02. 50
02.50
02, 50
02.50 i
02.50 !
02.50 !
02.50 1
02.5(1 j
02. 50 j
284. 58
2S3.45
303. 92
300. 74
311.2s
330. 70
492. 30
511.00
190.71 j
495.07 I
H S (>!• 1925.
November..
Detrmber.. .
1922.
S103.479 ! $100,000
103, 125 • 100,000
S-l. 000
4. 000
700 !
700 I
m, 700
0.700
; i.,ooo
I , ooo
?.fi'2.50
02. 50
',), 700
>.700
; 700
|OO
1.000
I \ 000
1.000
1,000
. 000
.000
', 000
.000
, 000
,000
02. 50
02. 50
02. 50
0J. 50
02. 50
1923.
January
February
M a r c h . .1
April
May
.June
July
August
September
October
103,006
103.2iO \
103,3S9 !
103,375 i
103,375 j
!
103,375 !
| 103,895 !
I 103.700 i
' L02,813 \
j 102,813 !
|
j
.!
!
i Loss.
100,000
100,000
100,000
100.000
4, 000
|;
ioo.ooo
100,000
100,000
100,000
100.000
100,000
•I.
000
000
000
000
000
000
000
000
000
700
700 i
700 i
700 !
700 !
700 |
700 i
TOO :
700 \
K 700
,). 700
.700 j
.i.700 !
.4.700 I
'!
j
02.
02.
02.
02.
1,430.70 '
K559.S9 :
1,721.21 !
1.79N.37 i
L'^O.SO |
l,i>92. SO !
2, 130.32 i
2:440.71 I
2,409.20
2,022.39
2. 7S3. 7.1
2, SCO. S7
2,953, 30
3.055.30
•V102.S2
3,509. 2i
i\ 173! 31
7,200.74 I
7i07
0,916.29 j
(i, 839. 1.3 !
0,740.04 I
0,011.04 !
6'.207. IS I
0.190. 76 ;
0,059.01 !
0.520.09 :
6, iS5. 76
6,192.96
6,203.34
0,202.50
0.202. 50
0.202.50
0,233.70
0. 222. (JO
0,10s. 78
0,1 OS. 78
2
TABLE NO. 19.—Profit on national bank circulation, based upon a deposit of $100,000 United States consols of 1930, loan of 1025, and Fanam"
Canal loan, at the average net price, monthly, during the year ended October 31, 19*3—Continued.
to
PANAMA TWOS, 1916-1936.
Receipts.
Cost of
bonds.
Date.
Circulation obtainable.
Interest
on circulation
Interest
less 5
on bonds.. per cent
redemption
fimd.
Profit on <circulation
in excess of 6 per
cent on t he investment.
Deductions.
Net
receipts.
Gross
receipts.
Tax.
Expenses.
Sinking
fund.
Interest on
cost of
bonds at
6 per cent.
Total.
Amount.
Per cent.
1922.
$102.802 $100,000
102 750 100 000
November
December
$2,000
2,000
$5,700
5,700
',700
",700
$.500
500
$62.50
62.50
$133.IS
131.88
$695.6S
694.38
$',001.32
".005.62
$6,168.12
6,165.00
$836.20
840.62
0. S13
.818
100.000
100 000
100,000
100 000
100 000
100 000
100 000
100,000
100,000
100,000
2,000
2,000
2.000
2 000
2,000
2,000
2.000
2,000
2,000
2,000
5,700
5,700
5,700
5 700
5 700
5 700
5 700
5,700
5, 700
5,700
" 700
",700
•; 700
' 700
",700
",700
".700
"700
,700
" 700
500
500
500
500
500
500
500
500
500
500
62.50
62.50
62.50
62.50
62.50
62.50
62.50
62.50
62.50
62.50
133.07
125.97
127.90
130.50
131.69
141.66
218.34
192.87
202.78
203.57
695. 57
688.47
690.40
693.00
694.19
704.16
7S0. 84
755.37
765.2S
766.07
7,004.-43
",011.53
",009.60
".007.00
7,005. 81
6,995. 84
6,919.16
6,944.63
6,934.72
6, a33. 93
6,165.00
6,154.80
6,155.76
6,157.50
6,157. 50
6,167. 88
6,241.80
6,224.40
6,233.76
6.232.50
839.43
856.73
853. S4
$49.50
848.31
827.96
677.36
720. 23
700.96
701.43
.817
. 835
.832
.828
.827
.805
. 651
.694
. 675
.675
O
1923.
Tanuarv
Februarv
March. .*.
April
Mav
Fune
Julv
August September
October
.
...
102,750
102 580
102,596
102 625
102 625
102 79^
104 030
103;740
103,896
103,875
o
5
REPORT OF THE COMPTBOLXJSK, OF THE CURRENCY.
227
TABLE N O . 20.—Investment value of United Slates honds- -Panama Canal bonds,
4's of 1925 and 2's of 1930.
TABLE N O . 21.— United States bonds—Monthly range of prices in New York;
November, 1922, to October, 1923, inclusive.
Registered bonds.
November:
Opening
Highest
Lowest
Closing
December:
Opening
Highest.
Lowest
Closing
1922.
January:
Opening
Highest.
Lowest
Closing
February:
Opening
Highest'.
Lowest
Closing
March:
Opening
Highest
Closing
April:
<) pen ing
Highest.
Low est
Closing
May:
"Opening
Highest
Lowest
Closing
June:
Opening
Highest
Lowest
Closing
July:
Opening
Highest.
Lowest
Closing
August:
Opening
HighestLowest
Closing
•September:
Opening
Highest'
Lowest
Closing
October:
Opening
Highest
Lowest
Closing
!
Not cjnoted.
:
!
i
|
I
TABLE N O . 22.—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October SI, in each year from
1014 to 1923, include.
[For prior years see annual report 1920. |
i
Year.
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.
I:
Redeemed...
Outstanding.
23,169,677
22,826,91s
342,759
23,169,677
22,827,374
342,303
23,169,677
22,827, MO
342,137
23,169,677
22,827,60")
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
23,169,677
22,827,833
341,844.
Twos.
15,495,038
15,331,256
163,782
15,495,03X
15,331,486
163,552
15,495,038
15,331,570
163,468
15,495,038
15,331,640
163,392
15,495,038
15,331,6 U>
163,392
15,495,038
15,331,646
163,392
15,495,038
15,331,750
163,288
15,195,038
15,331,848
163,190
15,495,038
15,331,848
163,190
15,495,038
15,331,848
163,190
Fives.
Tens.
Twenties.
Fifties.
One
hundreds.
Five
One thouhundreds.
sands.
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
1,919,6-13, 140
.112,1X3,440
2,108,123, W0
l',99X,613,640
109,509,420
2.180,457,600
2,062,530,045
117,927,615
2,277,156,200
2,134,8S3,895
142,272,305
2,383,521,000
2,257,861,600
125,659,460
2,530,964,710
2,399; 196,590
131,76*; 150
2,685,116,700
2,544,935,255
140,181,445
2,830,923,800
2,692,170,185
147,753,615
2,895,206,210 j
2,4.18,848^790 :
470,357,420
3,008,708, (M)
2,732,775,070
335,933,020
3,235,914,290
2,926,002,5(K)
309,851,7<)()
3,385,973,520
3,0*0,402,1N0
299,571,340
3,499,038,440
3,208,165,630
290,872,810
3,652,918,890
3,370,45*;290
282^ 460,600
3,863,905. (XX)
3,55s,475',410
305,429,590
4,141.546,970
3;826;073,020
315,473,35(1
4,395,016,970
4,072,078; 350
322,938,020
4,647'. 494,460
4,323', 779,650
323,714,810
1,690,697.920
1,402,446', 080
297,251,8-JO
1,800,204,910
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
24X,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
2,3L2,253; 700
248,991,650
2,705,63i;63()
2,456,821,520
248,807,110
268,555,450
200,356,100
68,199;350
278,464,450
247,251,800
31,212,650
2X7,566,300
257,870, (XX)
29,696,3iX)
295,589,900
265,712,200
29,877,700
300,579,200
270,694,800
29,884,400
311.156,350
2X0; 299,900
30,850,450
321,370,450
291,508,450
29,862,000
332,564,950
304,103, 200
2N, 461,750
342,210,050
315,487,700
26,728,350
, 353.112;650
' 325;072,850
: 28,030,800
403,231,450
337,094,3(X)
65,537,150
411,536,200
369,129,900
42,406,300
418,407, (XX)
381,36s, 900
37,038,100
424,100,400
3S9,040,2(X)
35,060,200
427,777,200
393,559,500
34,217,700
435,249,100
402,042,300
33,206,800
442,267,100
411,724,400
30,542,700
449,880,500
421.019,300
28', 861,200
456,449', 900
429,753,200
26,696,700
463,738,500
436;442,500
27,296,000
11,947,000
11,860,500
86,500
12,289,500
12,201,000
88,500
12,289,500
12,201,500
88,000
12,289,500
12.201,500
88,000
12,289,500
12;201,500
HH,000
12.289,500
12;201,500
88,000
12,289,500
12,202,000
87,500
12,289,500
12;202,000
87,500
12,289,500
12,202,000
87,500
12.289,500
12;202,000
87,500
N O T E . 1. First issue Dec. 21, 1863; iirst redemption, Apr. 5, 1865.
NOTE 2. Cold notes included since 1915.
NOTE 3. Fractions and nonassorted notes not included.
7,379,000
7,357,000
22,000
7,454,000
7,432,000
22,000
7,454,000
7,432,000
: 22,000
I 7,454,000
j7,433,000
21,000
7,454,000
7,433,000
21,000
7,454,000
7,433,0(X)
21,000
7,454,000
7,433'. 000
2li000
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, 190,905
7,200, 084,290
'727, 112,615
8,252, 767,335
7,535, 765,051
717, 002,284
8,512, 922,475
7,790, S44 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
11,068, 309,255
10,292, 084,386
776, 224,869
to
00
Issued during current
year.
818,227,830
364,"649,'7l6
"356," 300,' 750
325,"576,*430
O
O
260,"i55,"i40
O
356,'738,"i66
P
'456,"646,"770
6O3,"36I,"766
569," 444," 140
569," 856," 070
18
-
K
is
c
KEPOKT Or THE COMPTKOJLLISK Oif THE CURRENCY.
229
TABLE NO. 23.—National-bank currency issued to banks monthly from November 1, 1922, to October 31, 1923, and since 1868.
Issued on
account ol
redemptions.
! 022.
;
Novenibcr
December
January
Febnitnw
March..!
April
May . .
June
Julv
August
September
October
$53, 537, 580
49,451. .720
Issued on
bonds.
SI, 720,550
2,224,080
Grand total
issued.
Total issued.
$55,264,130 $10,553,717,315
51 \ 075, 000
10,006,392,915
.
.
!
:
:
.
Tola!.
4,490,450
4, OS 1,920
2.141,700
2,290. ISO
2,545.370
2, 24s; 720
2,053,380
1,597,040
2,350. 800
2,010, M
O
Go, 152,000
49, 871,290
53, 210,200
46, 423,250
41, 405,-i20
10, 479,270
58, 195, 250
43, 293,140
45, 313,790
49, 500,01.0
510,OSS), 110 I
.
60,001,610
45,789,370
51,074'. 560
44, l%;070
as, 800,050
8, 230, 550
56, 111. S70
41, 095, 500
42,902, 030
47.550,500
29, 700.900 j
509,850.070 |
10,670, 544,975
UK 720, 410, 205
10,773, 632,525
10,820, 055, 775
10,801, 461,195
10,871, 94.0,405
10,930, 135,715
10,973, 428,855
11,018 742,045
11,008 309,255
TABLE N O . 24.—National-bank notes received monthly for redemption by the
Comptroller of the Currency during the year ended, October 81, 19./3, and (he
amount received during the same period at the redemption agency of the Treasury,
together with the total amount received since the approval of the ad of June 20,
1874.1
Received oy I he Comptroller of the Currency.
Month.
From the redemption agency.
From national banks
in connection
with redu?tion of circuFor replacelation and ment with newRetirement
account.
replacement
notes.
with new
notes.
!922.
November.
December.
$6,-Wo I
4,285 I
$53,039,575
49,679J 405
!923.
January
February
March
April
May
June
July
August
September
October
42,030 ;
15,017 !
9,718 I
23,570 i
II, ISO I
1,570 '
57, 792
18, 135
5,64.)
8,410
61,334,010
44,909,035
51,281,040
44,004,012
38.115,820
31,918,225
34,007.030
42,820; 520
42,520.600
45,835,788
2,152.515
l,05t; 405
1,786.102
1,809,900
1, 238, 700
1,127.248
l,100; 270
1.314,050
1,404,350
1,438,150
$54,444,190 I
51,046,640 I
^52,025,052
49,402,972
03,529,185
40,578,547
53,077,460
45,637,482
39,305,700
33,047,043
35,825,092
44,158,705
43,930.595
47,282,348
01,409,013
45,905, 2S0
51, 143,547
45,181.092
38,024.150
30,579,100
40,072.058
44,302,16!
44,029.358
48,312,952
Total
Received from June 20,
1874, to Oct. 33,7 022...
540,138,290
17,586,750
557,928,987 j
500,947,94!
58,082,880
7,990,893,570
1.525,588,593
9,574,565,052 |
! 2,022,898,058
Grand iota!
58,280,830
8,531,031,860
1,543,1.75,343 j 10,132,494,039 |
13, I S3,845,990
1
203,947 .
91,39s, 050
1,302,950
Total.
Received
!
at the
j United Slates
\
Treasury
i redemption
'•
agency.
Notes of gold bank's not included in. this table.
230
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 25.— National-bank notes received at currency bureau and 'destroyed
yearly .since establishment of the system.
Date.
Amount.
1'rior t o N o v . 1,1805
D u r i n g t h e your e n d e d Oct.. 31—
1860
1867
1868
1S69
1870
1871
. . .
1872
1873
1874 .
1875
1876
1877 .
1878
1879
. ...
1880
1881
1882
188'i
1884
1885
1886
1887
1S88
1889
1890
1891
1892 . .
1893
1894
189r>
1S96
1897. . .
Amount.
Dai e.
$175,490
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
44.805,466
62.S35, 395
46,997,527
53,613,811
83.159.973
D u r i n g t h e vear ended O c t . 31—
1898
".
1899
1900
1901
1902
1903
1904
1905
1906
. ..
1907
1908 .
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
Additional amount of insolvent
and liquidating national-bank
notes destroyed
Gold notes
Total
'
i
$«fi. 683,467
59, 988, 303
71,065,968
90,848,100
107,222,495
140,306,990
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
542,194, 707
1,068,920,656
3,390,500
I 10, 317, 477.864
In addition $46,115 destroyed in transit.
TABLE N O . 20.—National-bank notes issued during each year from 191.i to 1923,
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.
Active
banks.
Insolvent
and liquidated
Total.
Total outstanding.
banks.
$818,227,830 $435,904,280
364,049,710 362,551,125
356,300,750 351,374,597
325,570,430 298,468,107
260,155,140 236,296,660
356,738,100 330,106,555
456,046,770 421,542,837
603,301,700 570,887,902
569,444,140 537,153,570
569,856,070 542.194, 707
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
$20,246,418 $456,150,698 $1,121,468,911
342,807,352 705,358,657
781,268,793
59,026,804 410,401,401
726,069,290
716,276,375
38,901,595 337,369,702
20,238,717 256,535,377
721,471,137
722,394,325
24,864,635 3,54,971,190
19,794,540 444,337,377
732,549,629
20,417,025 591,304,927
743,288,847
13,688,630 550,842,200
760,679,187
17, 5S6, 750 559,781,457
772,606,269
TABLE N O . 27.—Amount, denomination,
Per cent
destruc- Per cent
tions
destructions to
active
banks to issues.
issues.
53. 27
99. 59
OS. 62
91. 68
90. 83
92. 53
03. 09
94.62
94. 33
95.14
and cost of national-bank
55. 75
193.75
1 15. IS
103.62
98.61
99. 50
97. 43
9S. 01.
96. 73
9S. '23
currency
received from Bureau of Engraving and Printing, year ended October 31, 19X3.
Denominations.
5,5,5,5
10,10, 10, 10..
10,10,10,20...
50,50,50,100..
Total
Amount.
$135,958,100
31,772,000
321,017,500
II, 170,000
i 499,917,000;
Cost of
paper.
! Cost of printi ing, etc.
$47,585.34
5,500.10
44,942.45 '
312.76
98,400.65:
$353,830.95
41,343.32
334, 179.22
2,325.59
731,079.08 j
Total co-«t.
$401,416.29
46,903.42
379,121.67
2,638.35
830,079.73
231
REPORT OF THE COM.PTBOIXER OF THE Cl'ERENCY.
IO X O . 2 8 . - - Vault account of currency received and ixsuc<} by this bureau, during
the year and the amount on hand October 31, 1923.
National-hank currency in vnnlisni close of business, Oef.ni, 1022
&*03,229,630
National-bank currency received "roin Bureau of Engraving and Priming during the. year
ended Oct. 31, 1923..'.
*.... -199,917,GOO
Total to be accounted for
A mount issued to bank*! during year
Amount withdrawn from vaults and canceled
803, .147,230
$509, K56, 070
8,409J 950
Tolal wit.hdrawn
578,266, 020
Amount in vaults ar. close of busiiu ss, (>ct. 3J, 1923
224,881,210
TABLE NO. 29.—Vault account, of currency received, and dentroued. during year ended
'October 81, W23.
Amount in vault of redemption of currency bureau, await ing destruel ion ai el o<e of business,
Oci. 31, 1922
."
$5,531,850.00
Amount, received during year ended Oct. 31, 1923
557,928,987.50
563.460,837.50
559; 781,457.50
To! al
"Withdrawf> from vault a n d destroyed d u r i n g the y e a r .
Balance in vault Oct. 31, 192:*.
3,079,380.00
T A B L K X O . 30.-— A mount of currency received for redemption by months, from
November 1, 1922. to October «>'/, 192!*, and, counted into the cosh of the
National Bank Redemption
Agency.
XJ: tional bank
Doles.
.Vomhs.
Sf.2.025. (-52. 00
49,-402,971. 59
November...
December....
Jamiarv
February
3Aarch...*
A pril
Way
.hiiio
.1 uly
Aiipnsl
Sept ember
October
1923.
i
;
:
'
:
i
i
'
•
Tolal.
04. Hi-*,012.96
45,9'i/>. 286. 00
51.443. 547.00
4 ">, 1H.092.00
3S. 024,150.00
3'*. 579,100.00
-io; <w"2. 05S. 67
-14. 302, 161. 00
44,029.115S. 00
4S, 312', 952.00
Federal reserve :j !:V»dern! reserve
bank noi.es.
notes.
$7.i54,5S9 I
5,G8>',572 I
SV»7.
149,
139,
516,
978,
651.
IW4.
331.
291,
s-i. :m. woo.no
-1.633,957.50
4.7S5 260.00
3.729.3S5.00
4,873,570.00
4.9(^.420.00
r.. 588, 090.00 .
.">', 312. 990 00 |
}, -423, 5£">. 00 !
•1.5W). 050.00
4,857,340.00
SS55':4000
7. 50
5i>!i,947,941.*S
TABLB X O . 31.- - A mount of currency received by Xaiional
Bank
Tolal.
$64,114,231.66
59,725,501.09
74, 739,538.9;»
53,592, UK). (X)
00,460,469. (XJ
53,230,204.00
4(>,129,0o0.00
43,9(X), 8(X). 00
46,747,078.67
50,413,155.00
50,220,758.00
53,459.947.00
738,909.3S
Redemption
Agency, for redemption in year ended October 31, 1923, from principal cities.
"ttosi on
New York
PlMhidelphia
<Mevolond
li ichinond
.•\ riati la
Cbic.jgo
St. Louis
kt innoapolis
$41, 9.--0. 900.00
110J 2.W, 150.00
50,1M'. 392. 14
23, J 53, 200. (H)
26,593, 970. 00
.15,381, 4(X). 00
72,148,67'-J. 50
19,004,460.00
13,35S, KX). 00
„
-.
Kansas Cii v
J )all:i s
"
San Francisco
Cincinnati
?I .">, 164,312. 50
20,004,000.00
11,609,200.00
20,480,000.00
"Baltimore
New Orleans
Other sources
21,304,800.00
6,690,511.00
212,721,598.09
Toi al
680,043,667. 51
NOT*:.—The difference between the total shown by this table and Table No. 30, is accounted for by the
fact, t Jial a nominal amount of United States currency wi.s included in remiitances.
Tolal amount of currency of all issues received by the National Bonk Redemption Agency for redemption
since .June 30, 1874, was $14,955,611,035.04.
of (lie total notes received, national bank notes to Hie amonni of ?!). 70S.000, and Federal reserve notes
amount.ing to $9,538,500 wen? f»t. for circulation, and wi.re returned to banks.
72390°—24
1G
232
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE XO. 32.—Classification of redemptions, the amount of each class redeemed,
the rate per $1,000, and the amount assessed on account of expenses.
Classes.
Federal reserve noies:
Redeemed in regular course of business—
Fit for use.."
Unfit for use
Received from Federal reserve banks, canceled and
iincancclcd
Federal reserve bank notes:
Redeemed out of 5 per cent fund—
Fit for use
Unfit for use
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
1
2
Amount redeemed.
R a l e per
SI ,000.
Amount of
expenses.
0. ()3710()24
.47807711
$3,733. 97
24 ; 480.51
.11320037
107/143.30
310.00
57,887 ; 084.00
.82494104
.82494104
5.257.(51
•17, 753.47
5, 472, 300.00
521,08."), 337.50
16, 540, 080.00
.85319152
.95575705
.71930350
4.008.92
498,031.30
11,81)8.33
- . 35049951
702,973.41
| 2,1.40,180,797.50 ;
Not counted into cash, hence not included in the statements of receipts.
Average.
TABLE N O . 33.—Coal of redemption of Federal reserve and national currency for
year ended June 30, 1923.
Charges for transportation, including postage, insurance and
express charges.
'1
$197,664.61
Cost for assorting:
Office of Treasurer, United States, National
Bank Redemption Agency—
Salaries
._..
1
$469,828.06
Printing, binding, and stationery
6,854.47
Contingent expenses
8,112.84
$484,795.37
Office of Comptroller of the Currency, Redemption Division—
Salaries
$78,885.54
Printing, binding, and stationery
559.46
Contingent expenses
1,068.43
80,513.43
565,308.80
Total
762,973.41
\~OTE.—The average eost per $1,000 for all notes redeemed through cash was 80.90. Average cost for
redemption of national bank notes, $0.95; Federal reserve bank notes, $0.82, and Federal reserve notes,
S0.40. Canceled Federal reserve notes amounting to $1,475,743,935 received direct from Federal reserve
banks and other branches were not counted into cash, and therefore were not taken into consideration in
arriving at the average cost for redemption. The average rate per $1,000 for expense of redemption on this
latter class was $0.11.'
KEPOKT OF THE COMJPTKOLLJiH OF TilK CUHKKXCY.
233
TABLE N O . 34.— Taxes assessed on nalional-bank circulation, yearn ended June 80,
1864 to 1923; cost of redemption, 18?4 to 1928; coal of plates and examiners' fees,
1883 to 1923.
Assess-
Semiannual
duty on
circulation.
Year.
1915..
.
$1,971,5*7. 10
3,132,006. 73
'147,592.27
3,024,008.24
160,806.65
2,791,584.01
LSI ,857.16
2,592,02!. 33
16S, 243. 35
2,044,922.75
13<";, 907. 00
1,010,127.53
111,141.48
1,410,331.84
131,190.07
1,254,839.05
107,8- W. 39
1,210,104. 72
99,300. 52
100,593. 70
1,331,287. 20
L, 443,489.69
103,032.%
107,445.14
l,721,09,"i. IS
100,352.79
1,704,007.60
1,H51 670,03
114,0"^. 03
2,020,703.65
125,061.73
1,901,817.71
125,924.35
121. 291. 40
1,991,743.31
122. 9S4. 76
1, SSI, 922. 73
1,599,221.08
140, 230. IS
1,033.309.15
153,790. 33
1,70S. 819.92
174,477. 02
1,928^827.49
219,093. 13
2,103,882.05
247,973.20
2,500,997. 80
250,924.24
2,806,070.54
233.050.52
3,090,811.72
270. S-U). 21
3.190,543.01
390,743. 15
3,403, -J00. 08
434,093.10
3,567,037.21
443,:.iS0. 12
3,690,313.53
505, 735. 21
3,804,702.29
517,SI2.93
3.889,733.17
529,013.30
P 3,901,54.1.18 \ L9S,32>.G0
\ 2.977,060. 73
450, 150. 22
3,744,967.77
3,533,031. 28
420, J.00. 42
412,785.92
3,650,895.34
3,627.060.80
528,121.21
974.058.11.
3,706', 901. lo
3,806,590.02 1.115,-40.00
3,941,461.17
* 594.1(>-S. 70
511, :,98. 55
4,030,336.30
T o l a l . . . 163,160,115.70 14,301,078.17
1
2
Assessment for
cost of
plates,
new
banks.
Assessinent
for
cost of
plates,
extended
banks.
ment
for
cost of
nlal.es,
"additional
Assessment
for examiners'
fees and salaries (sec. 5240,
or
U. S. It. S.).
S52,253,518. 24
1,971,587.10
3,131,305.16
3,306,001.94
3,195,172. IK)
2,907,172.51
2,314,709.63
1,897,046.87
1,085,023 30
1,524,355. 75
1,480,215.63
1,617,664.04
1,728,392.24
2,088.932.11
2,054.437.75
2,212,705.17
2,373,374.30
2,2(50,237.33
2,#>.S,98S.33
2,308,322.35
2,122,718.33
2,152,027.11
2,302.090.51
2.552; 9.15. 04
2,912,787.70
3,243,288.27
3,554,128.71
3,81'), 52-1.6^
4,140,4^9.20
4,404,223.81
•1,552,936.3S
4.777,278.50
4.934,155.44
1,965,713.99
S25,980
18,845
13,150
14,810
18,850
1-1.100
12.200
2k\ 175
1«, 57,1
15,700
14,225
4,050
4,950
5, ^150
3,050
5,275
S200
29,200
\)t 975
•13,200
51,-175
45.500
47,S25
51.150
70, 275
4-S 450
31.475
->:>, 1 2 5
27,875
22.7-K)
2s,500
1L560
]<i,M0
$34,120
1,950
97,800
24,N25
1,750
3,900
725
7,200
8,100
5,200
4,375
(>, 875
3,750
1,700
1,775
2,850
15,050
13,500
14,125
40,325
12,600
64.S00
31,450
12,975
10'. 025
10,800
17,5uO
22,375
2S,190
19,805
S, 500
13.855
S4,130
6,975
0,300
.11,175
$94,006.10
99,642.05
107,781. 73
107,272.83
110,219.88
121,777.86
130 725. 79
130,772.71
138,969. 39
161,983.68
162,444.59
251,906.79
238,252.27
237 803. 51
222,858. 92
225,445.27
244,903.02
259,164.80
277,816.07
307,296.63
324,598.97
346,895.32
3SS.307.39
396,766.23
•125.157.65
4 29'. 397.75
5 to; 928.07
524,039.03
492,269. 05
520,109. 70
556,210. 22
520,607.-16
536,299.70
10.0*5
9,2(K)
16.770
.15,600
31.^50
31,070
IS,214
2:^,404
9,700
0,000
11,120
15,340
28,090
82,160
52,7S0
5,s:»(i
3,420
0.400
9,100
7,590
2(>; 770
12.070
17,226
21,262
577,762.64
8-19,N15.96
994,620.18
1,050,977.38
1,184,026.78
1,769,394.79
2,159.509.09
2,115,391.85
7.954,926.21
4,796.085.03
4,825,207.00
5,101,297.41
5,241,992.42
5; 940;506.04
6,S17,O3O.M
6.783.3S9.86
(i, 7-1-1,902, 70
1-51,078
20,346.^56.78
199,751,62«).O5
0/ •)
1,056,91::}
Tax collected on additional circuiaiion u n d e r act M.iy 30, 190s.
Average cost per $1,000 for national-bank notes redeemed, ,S0.95.
Total.
duplicate.
S.V2,253,518. 24
1864-1882
1874-1882
1883
1884
1885
1886
1887
1888
1889
1890
J 891
1892
1893
1894
1895
IS9G
1897
1*98
;S99
1900
1901
1902
1903
1904
1905
1906
1907
IPOK
1909
1910
1911
1912
1913
1911
1916
1917
1918
19J9...
1920
1921
1922. .
192;?
Cost of
rcdem plian
of notes bv
iho United
t-tatcs
Treasurer.
234
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 35.—Federal reserve notes outstanding according to weekly statement
(amount issued by Federal reserve agents to the banks, less ''unfit" notes returned
for redemption), amount secured by gold, and amount secured by commercial and
other eligible paper, from, November 1, 1922, to October 31, 1928.
[In thousands of dollars.]
Federal
reserve
i notes outstanding.
Dale.
1922.
J
S
15
22
29
Dec. 6
13
20
2 .7
27
2
2,6S3,S5l
2,095,170
2, (KM, 633
2,694,044
2,718,471
2,730,882
2,775,320
2, Si8,805
,
835, 092
1923.
JiUl. 2 .
10
17
24
Feb.
7.'."V."
14
21
28
Mar. 7 . . .
14
l?l
2S
Apr. 4
11
Is
Am omits i1
seen n;d j
by corn- j
mercial j,
and other ;
paper. I!
Date
Federal
reserve
notes outstanding.
'• Amounts
Amounts 1 secured
;
by comsecured
mercial
by gold. and other
paper.
1923
!
j
I
1
|
j
1
I
Nov.
Amounts
secured
by gold.
2, SI0,251
2,717, 705
2,091,511
2,654,125
2,032.727
2,6! 9'. 758
2,633', 175
2,052, S79
2,047,502
2,050,18)3
2.037,482
2, 017,539
2, (iO 1,079
2,0IS, 099
2,013,072
2, 595,132
2,601,820
2,120,535
2,091,050
2,078,901
2,077,5X2
2,048,OS4
2,045,210
2,10.3,009
2,117, OSS
2,198,S40
557,310
001, 120
020.732
017,002
070,387
685,072
072,251
701,117
030.240
2,105,027
2, ISO, 194
2,195,474
2,1 SI, 121
2,174,077
2,139,375
2,111,030
2,142,070
2,108,707
2.071,043
2,068,013
2,052, 103
2.031,090
2,013,53S
2,041,509
2,030,490
2,007,:vw
011,027
561.511
490,037
473, 001
4.58,050
•ISO, 3X3
4S9, !39
5! 0,803
53S,795
570, i 10
50S, K69
505, 430
500,9M)
005,101
57J, 503
55S.942
594,2(55
9.
16.
23.
29.
) 0.
13..
20.
27
July 3 . .
II.
IS.
Aus..
15!."
22
29!!
Sepl. . 5. .
12..
19. .
20..
3..
10..
17..
21..
31..
2, 599,
2, 599,
2, 595,
2, 607
2,015
2,035',
2,010,
2,051,
2, 665,
2,6s7,
2, 093,
2.701,
2, 680,
2, (573,
2,070,
2. 684,
2) 0S7,
2, 6X6,
2,701.
2' 725'
2, 736,
2, 739,
2. 743,
2, 736.
2.720:
2,005,000 1
1,999, xj N I
1.993, 724 !
2'. 011,731 I
2',0.'JI. 421 I
2,057.011 !
2,033,359 I
2,035.01!
2,040.992
2,047.787
2,052, J3J
2,058,246
:•>,()IS, (i»i2
2,010,012
2,079,711)
2, OS!, 205
2, 061, !01
2,i)0().7lH)
2,070,557
2,060, lx.N
2,06J,%5
2,055,003 i
2,074,372
2.087,371
2'. 089.35s
2l0S5i02
593,442
594,200
596,107
013,514
003, 472
003,807
582, 745
61<S, 143
(i-30, 130
640,580
645,959
649,778
021,880
025,096
030,187
005,019
006,070
025,595
040, S77
646,133
055,217
063, S99
680,837
665,512
656,355
647,494
634,904
T A B L E N O . O6,—Federal reserve notes printed,
issued lo bovl;*, rtiirrd, m,d de^irouc! zin<r oracui kalian
G'itiouiU ouixftrntfihi/ October -1J, 1HJJ.
of the banks, with (he balance in vaults
and
VAULT BALANCE, (KTOBKR V,, 1923.
'Wcniios.
Fives.
Fiffclos.
Ono
J]ij'i;ireds.
Vive
hundreds,
Or.v
Ten
! t h o u s a n d ^ . '• Ihonsnuds. I f h
Totnl.
i-
§3,131,460.000 S I , 3 M , 100,000 §4,0,34,720,000
2,883,280,000 4^ 007,3<iO, 000 4/235,3(50.000
Total printed
^otal shipped
Total on hand
218,ISO, 000
371,010,000 :
S9S3.S00.000 ! 8762,400.000
8li!)J200-000 I H50.800,000
£323. <M). 000
loo,soo.ooo
221,C»00,00i)
5ti, 2(K). 000
102,000,000
30P, 360,000 j J . 1, ( 0 ) 000 ! 105, tiOO, 000
1
;(.
SHVi.000,000
!,000.000
0
3
S1S1,000,OHO JSU,<itTH,r>«O,niM)
5C,000,000 ; 13,0<>l, 100,0(H)
V4,0v)0,000 ; 128,000,000
1,1)01,980,000
/, KKTIRKI), AND OTTSTANPINf.' OCTO.BF !i 3!, i923.
..:?3,026,08],000 Si,
SliO, 540
r
! '2, 529,213,9so 3, 547; 498, 6 >0
! 2^5292139S0
Total issued
Total retired
T
Total outstanding
MUTILATED
!
NOTES,
Boston
Npw York
Philadelphia
< 'lovplaud
Richmond
Atlanta
('hieajro
St. Louis
Min ncapolis
Kansas City
Dallas
San Francisco
Total received
Total destroyed
Balance ou hand
496,867,020
680, 361, 890
B Y DKXOAf! NATIONS.
588, 5i
90!,
•l!
0-iO
7, 120
211, 325, •100
i
$01, 837 ,000 i $260, 3i5, 000
800
681. 900 ! 51, 501 ,000 1 150, 450, 000
S012, • 1 3 7 , 550
67 i. 112, .150
StKCElVKD
%1.
23 j ,
2s2 *KK) :
A N I > P K S T R O Y \: F> S I N C K
O C T O B E R 3 ! . l«)2:i.
33i
$310,761. WO
1. OIO,9W». 3 in
277,600,910
1.93,221,730
145,467,130
130.361,230
170.9)0, HO
112,171,550
70,811.100
86,104,410
04,791,030
180,013; 710
S>4 317 .-iOO
201,irto
J37.O2O,5iKl 1 ! :^S, 124, IOO
(16, 174, SiK) • 2; 7 , 247, 500
113.386,350 1 ' 1 398, 500
•12. J03,(i00 i 2 0 . tilti. -HM»
s , i.'il, <iOO
11,22-4,750 :
103.201,(iOO 1 : J I . S38.!00
11.870, iOO ':
<'. ilii. ;(){)
2.151,650
3 , 021,100
~}% (502,000
4,S!.7,.S5O :
\ 3SS,700
5,506.100
2S,17N,O5O
3 7 , 5S1,2O»)
SI
(MM. i l l , JM)
32s, 2Hi. -140
316,009. % 0
I7i>. 517,9'iO
U s . 381.310
."VlO.Ohi.72O
i3».32. r i 510
55.Ci19.S00
93.. S2S, 8S0
6(1. 73!) 100
21)9', SNO. (i(M)
2,218,231,280
2,216,488.USO
3.113,270, WO
3,111,420,. 2(50
3.123,729.7*tf)
3,122,04«),.:iS()
553,252. S50 • ' 3 3 0yr, 1,800
,
,
553.0'?2,550 • ; ; ; o784^800
29.
29,
1,742,600
1,850,400
1,683,200
8i),000
371.000
")i)0, {){)«)
ViiM.OOi)
j . 2 7 3 . "»O(?
178.(MM»
:'.77, 0 0 0
•> • H)7.W0
512.500
1••
;
:8(;,ooo
3!) 1.500
197 .">00
!. 9s:>J5(J0
000,000 •?!3, 895, 392, 93,0
174, 806, 300
'"-10* 390; (XK)
7, 150, 000
(ill), 000 ! -> 720, 586, 630
103, 886, 000
O I { ( { A N \7. \ T I ( ^ N
$179,214,550
577,000. s:-.O
205,732,075
139,827,310
126,116,050
113,397,99.-.
311,265,310
132,548.56.";
69,996.330
102,429.975
57.506,750
199^ 594,91.0
230,300
.000 i
§37, 3)0, 000
21),
O i- B A N K S
••w 000
1"). 0i2,000
;;. 357,000
; 147,000
\ 077,000
«7
A N DO N R A N D
3130 000
120,000
IN
?190,000
1, 120.000
441.500
-110, 500
72, 470,000
72, -150,000
1.000
14,000
VAULT
o
70,000
50,000
*Slx,m,170
2, K24,23-1,920
909,458,325
s 17,5 49,150
515,136,1.20
412,754,915
1, 167,192,870
432,051,655
202,179,980
293,635,f>15
199.577 ISO
751,413,970
385,000
385,000
.1.970,000
1,970,000
9. 143,615,870
9,138,014,370
25,000
10.000
(50. 000
20.000
20.000
.10.000
23O,66o
NK 1,000
3, 73MXH)
037,000
39 i, 000
401.000
453 OfM)
4, 030,000
H
r*
5,601,500
to
CO
TABLE N O . 37. -Aggregate amount of Federal reserve bank notes printed, issued, and redeemed, by denominations, since the inauguration
of the
Co
Federal reserve system, and amount on hand and outstanding October 31, 1923,
VAULT BALANCE OCTOBER 31, 1023.
Twos.
Ones.
Total printed
Total issued
Tons.
Five
: $178,802,000 j $136,232,000
! 47S, 892,000 I 135,192,000
SI .72,500,000
121,460,000
§24,040,000
16,440,000
1,040,000
11,040,000
7,600,000
Total on hand.
Twenties.
Fifties.
Total.
$600,000
200,000
$788,344,000
761,944,000
4,320,000
400,000
26,400,000
59.760,000
8,417,000
$200, (KYI
144,000
$761,944,000
745,662.000
$14,080,000 !
9,760,000 j
ISSUED, REDEEMED AN*I) OUTSTANDING OCTOBER 3.1, 1923.
$178,892,000
471,644,000
Total outstanding..
$135,192,000
131,532,000
7,248,000
Total issued
Total redeemed.
$121,460,000
§16,440, O X
C)
1 IS, 285, IKK) 15,6U),(K)0
3,660,000
3,175,000
800, (XX)
1,343, (XX) I
56, (XX)
O
g
16,282,000
TABLE N O . 38.—Taxes assessed on Federal reserve bank currency, cost of redemption, and, cost of plates, for years ended June 30, 1915 to 1923.
Semiannual
taxes on
circulation.
Year.
1915
1916
1917
1918 .
1919...
1920
1921
1922
1923
Cost of redemption of
notes by the
United States
Treasurer.
$1,800.00
2,200. 00
.
.
.
.
.
Total
.
.
. .
.
w
Assessm.eT-1 for Assessment for
cost of addicost of original
tional or dupliplates.
cate plates.
$2,325.18
3,590. 86
38,750. 70
463,195.96
1,023,344.76
' 947, 405.00
445,944.01
113,837.32
8947.93
2,353.41
34,419.62
263.616. 78
243,517, 97
145,890 53
53,01.1.08
3,038,393.79
743,757.32
o
Total.
23,810.00
390. 00
$540.00
720. 00
180.00
138, 530. 00
SS', 270. 00
136,570. 00
2.110. 00
$1, 800.00
5,065.18
5,258.79
41,284.11
659,955. 5S
1,375,621.54
1,327,492.97
593, 974. 54
16(V, 848.40
28,200.00 j
366,950.00
4,177,301.11
el
TABLE NO. 39.— National hanks in charge of receirers, year ended October 3.1, 19^3, capital and surplus at date of organization and at date
of failure, cause, of failure, dividend* paid while solvent, circulation outstanding at date- of failure, lawful money deposited tvith Treasurer of
the United Mates to redeem circulation, and total deposits at date of .suspension.
"otal d i v i d e n d s
paid during existence us a nation n I bunk in;i
association.
Organization.
Name and location of banks.
Failures.
'ireulation
. JJ
Amount.
-100 ; VviK-lhMi National Bank, Springfield, Mass...'
409 . Farmers ami Drovers National
Hank, ;
j Waynesburg, Va
i
513 I First National liauk, Billings, Mont
;
515 j Mount Vernon National" Bank, Mount J
!
!
Vornon, N. Y
523 | Second National Bank, Clarion. l J a
526 ! Atlantic National Bank, Providence, R. I
!
531 i Traders National Bank, Lowell, Mass
:
533 Mesa County National Bank, C rand .J uni'tion. !
• Colo
:
.i
542 " First National Bank, Pensacola, Fla
•
!
549 j First National Bank, button, W. \ r a
•
554 i F i r s t N a t i o n a l B a n k , U n i o n ! o w n , P a
I
559 | Mercantile N a t i o n a l B a n k , P u e b l o , Colo
'\
5G5 i Island C i t y N a t i o n a l B a n k . K e y UYsl, F l a . . . ;
509 ! First N a t i b n a l B a n k , Brisi ol, S* D a k
i
5S2 F i r s t National. B a n k , B o w l i n g G r e e n , (>liio ;
583 H e a r d N a t i o n a l B a n k , Jacksonville, F l a
j
587 First N a t i o n a l B a n k , S t . Cloud, Fla
i
!
590 F i r s t N a t i o n a l B a n k , BiuiTton, O h i o
591 F i r s t N a t i o n a l B a n k , N e w m a n , Calif
!
592 First N a t i o n a l B a n k , .ludsonia. A r k
•
593 F i r s t N a i i o n a l B a n k , E u r e k a , ,S. D a k
;
594 First N a t i o n a l B a n k , Fairfield, I d a h o
•
596 F i r s t N a t i o n a l B a n k . Medina, N. D a k
•
597 First N a t i o n a l Bank", T O W I K T , N . D a k
•
595 First N a t i o n a l B a n k , I i e a r n e , T e x
i
599 F a n n e r s N a t i o n a l B a n k , Cooper, T e x
!
l
000 First N a t i o n a l B a n k , Gridioy, Calif
601 First National Bank, Cut Bank, Mont
!
Per (-(Mil..
Capital.
597,750
321,350
8510 • Dec. 11,1900
3044 Sapt. 12,1883
29IS I Apr. 3,1SS:?
475:-; ! J u n e 10' L892
200,000
50,000
225.000
200; 000
16,000
8.00 i
92,000 : J84.00 j
300,000
136.00 j
245,000 : 122.50
7/tHi
2490
6213
270
4108
UK), (X)0
7, !905
7942 ; O e l .
8180 • Dec?. 21,190(5
•
:;9S.4O
[JS.-UI
June 24,190.1
F
Dec. 12. !9O(5
July 2', 1910
N
G
1 Of), 000
37,500
|00,00(l
37, 5(X)
200,000
50.0iX)
31XOXK)
200,000
Apr.
June
Apr.
Oct.
19,1911
21. 1912
1(5'. 1913
20'. 1913
\V
W
200,000
49', 000
•\V
180', !(!•')
V
190,197
I Ox').' 0 0 0
25', 000
4015 • May 23,18S9
50,000
10136 i Feb. 2.1912 i 1.000,000
50^000
9707 : Mar. 24J910 :
25,000
5(526 Nov. I'.)', 1900 '
9700 May 25.1910
50'. 000
2;1913
I0-1W
30^ 000
11527 Nov.* 2S,.i919 i
50., 000
10102 Mar. 30,1912 !
25,000
10581 Apr. 24'. 1911 i
25.000
7955 -cpt. 29,1905 :
25'. 000
497(5 i Julv 5.1 MM ;
50,000
y
50.000
10620 tfep't. 24,1914 I
11104 Mar. 14.1918 j
40\ C00
9574 Oct. 5; 1.909 I 25,000
80,000
i,030,343
31,500
1,308,000
'30L500
i1,500
15,250 '
90)750
100,000 •
29,500
48.500 \
I5)(ibo •
7,500 I
26.500 |
20,750 i
20,500 j
178,000
j.
24,250 j
8(5. 00
:.072.00
90.00
:, 180. 00
3(51. 50
1J.50
til. 00
IS 1.00
1(5.00
59. 00
19 (.00
51.00
50. 00
15. 00
l(*i. 00
.S3
100.000
500'000
50,000
100.000
200', 000
Nov. 29.1913
Jan. 22,1914
N
U
A
T
T
B
V
100.000
489', 900
50', 000
100)000
80.800
89'. 400
25', 000
I2'.5(M)
583.400
.17'. 100
3.56
at date of
suspension.
200.000
i
50,(XX)
35,000
(iO) 000
KM), 000
Cause
ol
in ill-re.
200,000
150.000
150,000
75,000
M a y 31,1905
A u g .10.18S0
A p r . 17'. 1902
Feb. 2(\ 1 S04
Aug.Sl,'s KM)
Receiver
appointed.
ouisi-:iudinjr
• . » u . ;-.t dale of
iViilmv.
"$200,000
SI50,000
839 | Feb. 25, I3f>5
3097 | Doe. 27, 1883 I
'
j
;
j
!
Tot-il.
J.awful
M%ooo
25.000
5(0100
1,000,000
50.000
5(»'. (MM)
50', 000
30.000
5(0)00
25,000
25. (XX)
2">,(XX)
50.000
50'. 000
10' 000
50.000
29.1914
19', 1915
30,1915
29,i915
17.1915
5'. 1917
17,'1917
2. "918
17) 1919
31,1920
29', 1920
\u^ 20;1920
AUK. 2(5. 1920
i)OC 20. 1920
Dec. 2N, 1920
Ian. 21J921
hill. 28'. 1921
Ian. 29', 1921
....do..'.
AUK.
.ian.
Mar.
.JuJv
Nov.
.Ian.
Jan.
Ian.
Nov.
Ian.
lune
z
z
N
A
A
A
A
A
V
s i n , ma
u
•19) (XX)
ISO)100
190,197
i 2\ 500
2S, 2!M)
100,000
4S9)900
50,(MX)
100,000
so', 800
S9, 100
25,000
12'. 500
183!400
17} 500
•i(5. 700
12)500
28.200
5 >>50
"5S50"
•fc'\ 7(Ki
1
!
0
-;
0-17,580
90S) 841.
482,843
37(5,(539
394.521
97S,922
"l0,900"
21,500
....
'
•
^
*
>
*
H
0
444.609
(573.245
364', 021
i 452,581
1 501,551
1 12, ()r,2
t_-i
2ss,r,7i
i—
0
J-3
j
774.0:0
2. 98;), 172
:)s[\ 7TtJ
597,357
943,0S9
22S.G59
24 995"
mi
ii
AA
11
si 11.4(55
•J^i' 7s 1
17()'529
247,015
71/200
12=S, 5(5(5
;
21,500
;'»(5. (H)0
5) soo
c
.',41,5(52
2in' s"»5
245) (575
rO
co
TABLE N O . 30.—-Notional banks in charge of receivers, year ended October 31, 1923, capital and surplus at date of organization and at date
of failure, cause of failure, dividends paid 'while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of
the Vniied States to redeem circulation, and total deposits at date of suspension—Continued.
Toial d i v i d e n d s
paid during existence as a national ban king
association.
Organization.
Name and location of banks.
ra
Charter
No.
fiO2 First National B a n k , Chappell, Nobr
003 Commonwealth National B a n k , Reed A ille.Va.
004 First National B a n k , Strooter, N . Dak
605 Picher National B a n k of Pk'her, Okla
First National B a n k of Ranger, Tex
GOO
607 E m m e t s b u r g National B a n k of E m m c t s b u r g ,
Iowa
610 First National B a n k , Beaver, Pa
Oil Corn Belt National B a n k of .Scotland, S. D a k .
612 First National B a n k of A m b i a , ] n d . ' .
613 First National B a n k of Dcsdcmona, Tex
614 California National B a n k of Modesto, Calif
015 First N a t i o n a l B a n k of Sipe Springs, Tex
016 First N a t i o n a l B a n k , Marcus, Iowa
017 First; National B a n k , Sidney, N e b r
618 Overland National B a n k cf Boise, I d a h o
619 First National B a n k of Bridgeport, Nebr
020 Bannock National B a n k of Pocatello, I d a h o . .
021 First National B a n k , Crawford, Tex
623 First National B a n k , Moran, Tex
025 The H a v r e National B a n k of H a v r e , M o n t . . . .
026 First National B a n k of .loplin. Mont
628 National B a n k of Cloburno, Tex
630 Peoples N a t i o n a l B a n k . National City, Calif...
631 First National B a n k , Poplar, Monl
032 United States National Bank', Vale, Oivg
033 First Notional B a n k , Vrale. O r e s .
First National B a n k , Burley. Idaho
O:M
635 Edwards National B a n k . Booker, Tex
9790
10S27
10721
11024
8072
NO*")
3*50
11031
9510
31-1.V2
1098S
11525
9SI9
0201
117,")!.
^
9711
0317
10 tOO
10X74
97X2
.10929
iO35
•HV1
9.112
iossr>
"196
N.12*
law i
mos
Failures.
Date.
May 10,1910
Jan. 0,1.910
Mar. 27,1915 •
Feb. 3,1920 j
Jan. 20;190G '
Dec.
I Feb.
! May
July
Sept.
Feb.
! Nov.
S June
! Mar.
June
! Feb.
July
May
June
May
Nov.
Mov
June
July
..'uJy
Jaii.
Fob.
May
23,1905 i
1O,1SSS I
2S,]917 :
30,1909
2,1919
23,1917 :
(>, 19J9
22,1910
12,1902
IS, 191.1
23,1910
1.1,1902
19. 1913
.->; l9L(i
IS, 1910
11,1910
0,ISS9
21.1909
25.1910 j
S,1909 \
1-S, 1907 ;
20,1913 !
•1, 191S :
Capital.
Receiver i
"
appointed: ! f a i l u r e >
Amount. Percent. Capital.
$2.1,000
2.1,000
2.1,000
100.000
2f>; 000
£43,837
0,000
12,500
1.75
.24
. 50
$50,000 J a n . 29.1921
25, (XX) ! F e b . Hi! 1921
25,000 :
do
100,000 i F e b . 21,1921
200,000 i Mar. 2,1921
,10,000
50,000
2.1,000
25,000
2.1, 000
KM) 000
2.1,000
100,000
2.1,000
100.000
2.">) 0 0 0
77,000 I
192,7.10 ;
1,7.10
11,250
.1. .14
3. M
.07
;>o, ooo
49'. 0(10
30,000
2.1, 000
.10,000
2.1, O0<)
7.">! 000
25! 000
2.1,000
75^000
2.1 000
;j()j 000
25,000
!i. 250
30,500
50,000
50. (KM)
25.000
2.\000
25,000
100,000
25)000
50,000
50, (MK)
100,000
25,000
100,000
30,000
25.000
50,000
25'.(XK)
150, (XM)
25.000
25', 000
75,00:)
32.000
21',500
.\M)
429. 37.1
(i', .100
0, 500
r,;J, .100
20, itiV)
12,450
. 45
1.00
. 32
.OS
. is
Itjj
5.72
20.00 !
20.00 !
70.0') '
SO.(K)
41.50
r,').(;{){)
: s o , i5ij«i
sc
!
i
j
j
i
|
I
I
I
I
!
i
'
:
i
:
Mar. 11,1921
M a r . 20, 1921.
Mar. 2S.1921
Apr. .i;i921
Apr. 7,1921
Apr. 13,1921.
Apr. IS, 1921
May IS. J921.
M a y 27, 1921.
M a y 2S, 1921
"do
Juno II. 192!.
J u l y 16! 1921
A u g . 29! 1921
Sept. Hi! J921
do-!
Oei. 27, 192
N o v . 7.192
N o v . 9, 192
N o v . 15. |<J2
N o v . :«). ii)2
25, (XK) ; D e e . 12! 192
rirculation
Total
Lawful
outI deposits
money
standing | at date of
deposited. at; date of j susfailure. ' pension.
Tl
.1.1
$23,700
823,600
25,000
24, ISO
AA
22,400
""22*706"
II
LL
N
YF
\J
AA
U
22,000
47,900
22,000
47,900
it
""•24," 066"
""56," 066"
""25," 660"
II
V
N
N
N
11
11
NN
A
Q
()o
OO
II
OO
23, rm
90,2(X)
21,100
12,100
7,500
49, COO
75,000
25,000
OS, 750
11,900
to
00
O
w
H
O
$033,973
210,003
115,204.
208,053
1,283,599
424,812
671,077
264,775
24, 790
112; 917
930.324
95', 627
144,284
265,703
977,295
112,121
842,093
37,307
73,916
366,887
28,214
2,787,817
346,714
209,329
279,320
122,449
503,026
52,387
o
b
o
rri
O
6.18 • Fai'mpi's Naiional Bank. Bijr Sr.udy. Mom ...
610
First XiHLotiJil Bank, Wendell, Idaho,
642 : Stockmen's National Bunk, Poplar. Mont
H !3 Sfillvatrr Xnfional Bank, Absaroke.o, Mont:..
614
Firsi; National Bank, Seoloy, Calif
64 5 National City Bank, Salt Lake. City, TJtab...
616 ; Second National Bank, Klkton, Md
(itS : First National Bank, My ton, Utah
649 ! Stale National Bank. Ardtnore, Okla
650 : Corydon National Bank. Corydon,Ind
65 L j First National Bank, Cotton.'Plant. Ark
052 1 First National Bank, Oak Urove. La
fi/W Farwell N a t i ona 1 Ba hk, Fa rw ell,' To x
65* First National Bank, Spencer, Nohr
655
First, National Bank, Intromar, Mont
656 ; American National Bank, Billings, Mont
657 j First National Bank, Fresno, Mont
658 ; Merchants National Bank, Wimbledon, N.
Oak
First National Bank, Hope, N. Mex
First N'ationalBank, Mountainair, N. Mex...
Fi rs t Na tiona IBank, Law i on, O kla
,
First National Bank, Colusa, Calif
Commercial National Bank, (Ireal; Falls,
i Mont
[
Sterling National Bank, sterling, Colo
i Payette National Bank. Payette, Idaho
i First, National Bank, liiglnvood, Mon 1
!
Citizens National Bank, Laurel, Mont
; First National Bank, Magdale.na, N. Mex
First National Bank, Broad view, Mont
CommercialNationnlBank, Wilmington, X.('.
First National Bank, Winner, S. Dak
First. National Bank, VV'cssington Spriniis,
; S.Dnk.
I.!.
First Nalionsil Bank. Rupert, Jdaho
First National Bank, Warren, Mass..
First National Bank, Ilarlowton. Mont
First, National Bank, American Falls. Jdaho.
First National Bank, Clifion, Ariz
Springfield National Bank, Springfi.-ld, Ohio.
First National Bank, Roundup, Mont
First National Bank, Gregory, S. Dak
First National Bank, Bottineai:, N. Dak.
Home National Bank, Llano, Tex
Llano National Bank, Llano, Tex.
0.19
(560 i
fiti I I
662 :
663 I
604
66.")
666
667
66S
069
670
671
672
67:5
074
075
676
677
67*
679
6S0
6S1
6S2
6S3
25, 1917 |
9101
j j0J7
11066
10402
1030*
41.62
11702
10391
7760
107/i
11050
12005
7-125
i 1 $05
11096
11096
8017
9li.'
11329
5914
10072
10530
11972
S075
11 I :i I
S716
102* iX
10X09
J2I70
1IL19
10J29
11507
9270
KsO9
5>21
2620
91 {",5
S(,00
60S5
7119
,i -s j j :
(
,
Fob!'
Ans.
>ept.
Nov.
Apr."
Ma v
May
Mnr.
Mar.
A u?:.
Jiine
Au.tr.
Apr.
Oct.
;.;,••
ly^l
17, W7
11,191.7
5, !913
19'. 1912
12,JN*9
30, 1920
6,1913
23.1905 '
6', 191.1
2.1920
5.1921.
IS, 1904
JO. 1919
5.1920
3) 1917
sept. 37.i907
Mf-y
3)1909
ApK :>, 1919
Julv IS,1001
July 1, 191).
Apr. 20, 1914
Mav
2,1921
Jan". 9, 1900
Dec. 2 9 J 9 J 7
Mav
X, 1907
Aujr. 27,1912
Nov. 26. 191.1
Apr. 17'. 1922
D e c i".1917
Jujv 20,
MM:?
Nov 14'. 1919
Oci,. 27 190S
Aug. 1 1907
'May It". 1901
17.»SS2
M a v 22, \<m
Feb. 22.l«07
Dec. 17) 19;') 1
Jan. 10,1904
,!:!'"•
5S03 ! Juno 5,1901
50/KV) !
2.". 000 !
2.1,000 i
2.1 000 !
2.1.000 !
2,10,000 •
'
oO,000
2X00J) I
!00' 000 \
12.V.000 I
:i."i,000 I
.10,000
2o 000
2.1,000
2.1,000
] .10,000
2.1,000
; ; 0 , IHH>
2.1,0i>0
:?o, 000
2,1, 000
7.1,000
200,000
I ;10, 000
.10,000
20, 000
:{.!,()•: K)
o0,000
2:1,000
200,000
:*0,000
2-1, 000
'J.I, OU0
.10,00!) i
rio.ooo '
2.1. 000
30,000
100,000
2 ^ 000
21. 000
2-1,000
60 000
25,000
25. ()<w) ; ,
7,000
2S.00
" " i i , " 6 o 6 •"" 50.(>.'
6,000 ; 21.00
122,500 :
^9.00
7X,000 • 150.00
76.060 " ' 7 0 . 6 0
210,250 i J73.00
22,500 j 64.29
2SO, 750
10.00
50. 00
100.00
1.1,000
211.0i i0
! .100
.1,1.00
7! 1.00
46. 00
.106,000
7("i.7.H)
7.500
7', 700
17,500
11,500
75,250
20.000
2, COO
IS. 50!)
4S', 250
1.17'. 750
'••I. 5(10
j:i.OO
I
I
I
I
l;Vi.50
:«).(H)
22.00
:<"7.(»0
10.00
so. 00 I
1.00 1
:\7.00 !
iOi.50
1:50.00
S9.490 ; :r>7. «:<"•
66.000 i 264. 00
KiS.OOi) • 2-VO. 00
105,000
420.00
JMTI.
25,000
25)000
25, OOi)
250,000
50,000 ;
25,000 I
200 (H)0 !
125,000
00,000
50,000
2.1, 000
; 00.000
25)000
i 50 000
25,000
5.1922
Jan.
.Inn.
2S 1922
30; 1922
do.Feb. .-5.1922
Fob. 'X1922
Feb. 24, 1922
Mar. 4,1922
Mar. s. 1.922
Apr. 7)1922
May 13, 1922
•Ismo 26,1922
July
Aulr.
Sept.
Oct.
25, 000 Oct.
25, 000 Oft,
:iO 000 Nov.
200, 000 Nov.
150,000 Nov.
14,1922
14,1922
23,1922
26,1.922
27,1922
30, 1922
2,1922
1X,J922
22,1922
200,000
150,000
75. 000
2.1! 000
35,000
50,000
25. 000
200'. Hi HI
:\{). 000
Dec. 9,1922
Dec. ] i,1922
Dec. 13,1922
Dec. 29. 1922
Jan. 4,1923
Jan. ix, 1923
Jan. 30,1923
Jan. 31.1923
do..'
50,000
25,000
5i)j!00
50.OCO
50.000
I'Kl.UOO
\V,\). 000
50. (>00
.y\ 000
50,000
60,000
50,000
Feb.
Feb.
Feb.
Mar.
Mar.
A ; »r.
Apr.
5,1923
7,1923
2:r. 1923
7.1923
20, 1923
2,1923
5,1923
do
Apr. 1.2,1923
....do
Apr. IS, 1923
do
1!
II
PP
PP
\\
FI
A A
U
v>
II
II
AA
1;
v
u
AA
OO
Oo
LL
24,300
I
6,250
213,300
2,500
99,995
125,000
50,000
99,995
"""iO66'
30 033
91,9*4
39. 130
170,037
36) ;5O7
1, 3X3,447
202,995
35. SXR
975, 659
9S4.67I
4fil, 016
32, 062
47 916
550, 133
J 74,230
499,259
10.000
17)750
s
O
hrj
H
60,490
X2,30S
205,020
906, 443
306, S02
U
C
150,000
25,000
f)I.)
200,000
U
PP
AA
J)
75,000
25,000
35, 000
50, 000
Bii
100.000
20)000
DO
5U,000
25,000
336 320
.1 to' 96 H
12.100
25, 000
45.400
91.750
21.400
25.000
35'. M)()
14) 700
4,700
:'.:I4, 115
20,1 3«{)
200)527
1. 772) 465
4X7. 252
176, 70S
333, 101
403,565
271,311
n
u
u
A
OP
KP
1;
LL
AA
PP
1)1)
J
u
067.6.3R
475, SSI
201,514
139, SOS
215, S07
344.244
74,057
1. 991, SOO
1X6,104
j,
3
0
H
••
•»
3
•
•
to
CO
CD
TABLE NO. 30.—National banks in charge of receivers, year ended October 31, 1033, capital and surplus at date of organization and at date
of failure, cau.se of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of
the United States to redeem circulation, and total deposits at date of suspension—Continued.
Total dividends
71
paid during existence as a national banking
association.
687
68S
689
090
691
692
693
694
695
696
697
700
701
702
703
704
705
706
707
70S
709
Farmers and Merchants National Bank, Jefferson, Iowa
City National Bank, Jerome, Idaho
First National Bank, Nainpa, Idaho.
First National Bank, Rock Biver, Wyo
First National Bank, Highland, Wis
First National Bank, Joseph, Oreg
First National Banks, Watts, Calif
Peoples National Bank, Salisbury, N. C . . .
First National Bank, Spencer, N. O
First National Bank, Big Sandy, Mont
First National Bank, Willow City, N. Dak..
First National Bank, Grandiield," Okla
First National Bank, Sapulpa, Okla
First National Bank, Chester, Mont
First National Bank, Henryetta, Okla
First National Bank, Carroll, Nebr.. First National Bank, Colquitt, da
First National Bank, Shelby, Mont
Fairfield National Bank, Fairfield, Idaho
Howard National Bank, Howard, S. Dak...
Roundup National Bank, Roundup, Mont..
First National Bank, Wetumpka, Okla
.
First National Bank, Oswcgo, Mont
First National Bank, Lovington, N. Mex...
First National Bank, Wells, Minn
First National Bank, Mitchell, S. Dak
10123 Dec. 28, 1911
1 i:>7S Dec. 22, 1919
8370 Sept. 15. 1906
1L342 Apr. 24', 1919
10880 June 14, 1916
8048 Dec. 11, 1905
12210 Mar. 22, 1922
9076 | Mar. 10'. 190s
10002 i Doc. 5, 1914
11004 j May 9, 1917
0700 'Apr. IK 1903
10006 j Apr. 2i; 1911
5951 i Aug. 19, 1.901
11105 ! Nov. 15, 1917
6867 I Juno 29, 1903
:>9f>7 Aug. 21, 1901
6498 ! Oct. 3, 1.902
1.0953 Dec. 14, 1.916
8986 Dec. 24, 1907
10780 Aug. 13; 1915
10675 Oct. 20, 1.914
5935 June 15, 1901
8, 1918
11134 Jan.
11029 May 20, 1917
4669 Dec. 12, 1891
2645 Feb. 8, 1882
Amount. Percent. Capital.
$29,600
$40,000
74. 00
30,000
25,000
126,563
500.25
25,000
25,000
25,000
32,000 12K. 00
50,000
100, 000
136. (KM) 13(5.00
25,000
.15,000
00. 00
25,000
10.000
•to. 00
25,000
44,750
179. 00
25,000
45.000 180.00
25.000
177,550 710.20
25,000
25.000 " "'75.'(MM)' ' '366.'66'
25', 000
73;750 29r>. 00
25,000
73,427 293.71
25,000
60,000
25,000
2 500 'io.OO'
25,000
4^ 500
18. 00
25,000
.113.950 455.80
25; 000
30,000
50,000
50,000
9,'666' "'.moo'
213,750
107,500
427. 50
335. (){)
$40,000
30,000
200.000
5()', 000
25)000
25,000
50,000
100,000
25,000
25.000
25', 000
50,000
100) 000
25,000
50', 000
50) 000
50,000
25,000
60.000
25,000
25,000
40,000
25,000
30, 000
100,000
100,000
Receiver
appointed.
Apr. 27,1923
May 24, L923
June 1,1923
June 14,1923
. .do
.....do
J u n e 20,1923
'July 3.1923
.....do.:....
July 7,1923
July 12,1923
July 21,1923
July 30,1923
....'.do
,
July 31,1923
AUK. 13,1923
Aug. 14.1923
Aug. 27; 1923
Aug. 30.1923
Sept. 1)1923
Sept. 6,1923
2,1923
Oct.
5,1923
Oct.
8,1923
Oct.
Oct. 22,1923
Oct. 23,1923
1 'iicuUUion Total
Lav ful
deposits
outi money
standing at date of
sus
deposited. at date of
pension.
II.
failure.
Cause
of
failure.
U
PP
Iv
JA
M
PP
1.1 R
AA
AP
OP
DD
J
H
DD
X
II
PP
HI
ZZ
W
DD
U
OP
RP
U
DD
i
$40,000 !
105,500
13,700
24,300
'94.'700
24,300
5,650
45,800
24,500
24,600
25,000
9,700
25,000
97,000
99,000
599, 553
001
7-Vi
539
390
03S
165
013
005
SOO
005
035
is£ 227
088) 352
104. 732
W7. 573
3S3i 312
27. S49
227. 323
332. 305
143, 204
211, 352
216, 982
40, 305
126'. 030
375,
158,
77.
141,
210,
893,
349,
37,
150.
74.3,
o
O
TTII
Capital.
Failures.
6
i
~H
1J
O
_ j
n
G
710
711
Cavalier County National Bank, Langtlon.
N. Dak
"
;
American National Bank. Throe Forks, Mom;.
9075
!
J a n . 2S. 1W8 i
A p r . :iO,l«J17 |
!
2'i.OOO '
-10,000 |
f>2, 000
4.000
7,000,000 i 10,r>47,000
20S. 00 j
10.00
2-"). 000
2.">, 000
Oct. '2S),\W£\
....do..:
(H1
i;
2:i. 200
! <)l,003,99;i
.| 9,070,000 I
I
A--= Defalcation of officers.
B = Defalcation of officers and fraudulent management.
• C=Crop loss.
I)=Large losses, withdrawals, and insufficient credit..
K= Depreciation of securities.
F = Excessive loans to others, injudicious banking and depreciation of securities.
O--=--. Excessive loans to officers arid directors, and depreciation of securities.
H== Heavy withdrawals.
J = Large losses.
IC= Unable to realize on assets.
M—Defalcation by former cashier.
N== Fraudulent management.
Q= Fraudulent management and injudicious banking.
S—Investjueuis 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.
X = Large losses in loans and discounts.
Z= Wrecked by cashier.
A A= Closed by run.
B B = Large Josses and injudicious banking.
DD-= Jrijiidicious banking and adverse business conditions.
E E = Injudicious banking and excessive loans to ofl'wers :md others.
F F = Wrecked by assistant cashier.
1111= Forgeries and embezzlement.
n=I.'nnbJo to realize on loans.
,U=.Robbery and burning of bank.
K K = Unable to realize on loans and failure of stockholders lo pay balance due on capital.
! J L-= Dofalea'i ion by cashier.
NN-- Wrecked by president.
O()..= Deficient reserve and unable io realize on loans.
PP= Inability to meet domsiTul;:.
H K = Irregularities of president and speculation itx real estate.
ZZ=ll(!i-eiver appointed to assess stockholders.
OP= Large demands and oepletcd cash.
J A - Large losses and defalcation.
AP—- Directors rlosed due io rumor of run.
HI —Heavy willJtirawals and lack of public confidence
R P = Depleted reserve and shrinkage of deposits.
n
O
H
C
b
d
242
HEPORT OV TH.K COMPTROLLER OF THE CURRENCY.
TABLE N O . 40.—National l>an!:s in charge of receivers, dates of ori/anization,
amounts collected from all sources, loans paid and other disbursemettis, losses on
returned to stockholders to year ended October 31, 11)2$. (See Note.)
Date of
organization.
Title and location of bank.
400
469
513
51 5
523
51:0
531
533
5-12
549
55!
559
505
560
5S2
5S3
587
590
- 50J
592
Apr.
Feb.
Dec?.
Dee.
Sept.
Apr.
Juno
May
Aug.
A pr.
Feb.
Aug.
Oct.
Dee.
May
Feb\
• Mar.
'
Nov.
May
Sept.
Nov.
Mar.
Apr.
Pynohon National Bank, Springfield, Mass
Farmers and Drovers National Bank, Waynesburg, Pa.
.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, Lowell, Mass
..
,
. rni/m, \.IJIU
Island City National Bank. Key West, Fin
First National Bank, Bristol, S. Dak
First National Bank, Bowling Green, Ohio
Heard National Bant, Jacksonville, Via
Fit Nationa3 bank, St. Cloud, Fla
First National Bank, Bluff ton, Ohio.
Firsi National Bank, Newman, Calif.
First ['National Bank, Judsonia, Ark...
First National Hank, Eureka, S. Dak.
First Nalior):-!l Bank, Fai; field, Idaho
Kirs I National Bank. Medina, N. Dak
"
597 First National Bank) Towner, N. Dak
59S First Na tionnl Bank, Heame, Tex
599 Fanners National Bank. Cooper. Tex
First National Bank. Oridlev, Calif
(JO 1 First National Bank, Out Bank. Mom.
(102 First 'National Bank. Chappell, Nebr
003 Common wealth National Bank. Reed\ijl<\ Ya.
First N'iilioml Bank, Wircoter, N. Duk.'
604
005 Pi< her National Bank, Picner, Okla
GOG First. National Bank, Ranker, Tex
007 Kmmclsburjj National Bank, Einrneisbut ir, low;?.
tflO First National Bank, Beaver, Pa
OIL Corn Bell National Bank. Scotland, S. Dak
C
Bll N t i l B k S t l d S Dk
612 First Naijonal Bank, Am'bia, Ind
First National Bank, Desdemona, Tex
m;s C l i f i National Bank, Modesto, Calif
Clif
California N a i l B k M d t
6U
First Na< ional Bank, Pipe Springs, Tex
015
First National Bank) Marcus, Iowa
r>i6 First National Bank, Sidney, Nebr
017 Overland National Bank, Boise, Idaho
(US First National Bank, Bridgeport, Nebr
1)11) Bannock Nationa 1 Bank, Pocalello, .Idaho
(120 First Nat ional Bank, ('raw ford, Tex
021 First National Bank, Moran, Tex
(123 Havre National Dank, Havre, Mom
(125 First National Bank, Joplin, Mont
(I2(i National Bank ofCleburne, Cleburne,Tex
<>2S People's National Bank, National City, Calif
030 First Naiional Bank, Poplar, MontJ.'
(531 United states National Bank, Yale, Oreg
032 First National Bank, Yale, Oreg
033 First Nationa] Baiik, Hurley, Idaho
034 Edwards National Bank, Booker, Tex
035 Farmers National Bank, Big Sandy, Mont
63S First National Bank, Wendell, Idaho
040 Stockmen's National Bank, Poplar, Mont
042 Still water National Bank Absarokee, Mont
043 First National Bank, Seeley, Calif
044 National City .Hank, Salt Ilake Cif.v, Utah
045 Second Nat ional Bank, JClkton, "Mel
040 First National Bank, Myton, Utah
048 State National .Bank Ardmore, Okla
049 Corydon National Bank, Corvdon, ind
050 First Nat ional Bank, Cot ton "Plant, Ark
051 First National Bank, Oak Grove, La
052 Farwell National Bank, Farwell, Tex
053 First National Bank, Spencer, Nebr
654
First National Bank, 1 ngomar, Mont
055 American National Bank, Billings, Mout
050
1
Restored to solvency.
;
7,.lS(i5
25,1S65
27,1SS3
11. 190G
12, IXXi
3, 1*83
10, 1X92
31, 1905
•0, 1SS0
.17, !902
20, i S(> 1
Capital
stock.
Receiver
appointed.
$200 000 June 21,1901
200,000 Dee. 12,1906
l,")0, (KK) July 2,1910
200,000 Apr. 19,1911
50, (K)0 June 2L, 1912
Ml (XX) Apr. 10,1913
200; 000 Oct. 20,1913
100, 000 Nov. 29,1913
m, ooo
Jan. 22,1911
Aug. 29,1914
50, 000 Jan. 19,1915
100,000 Mar. 3011915
200,000 July 29,1915
'Y 1905
100,000 Nov. 17,1915
21. lOOli j
25,000 Jan.
5 j 1917
50, 000 Jan. 17,1917
2 191'1,000,000 Jan. 2,191S
2i, 1910
50, 000 Nov. 17,1919
10, 1900
50,000 Jan. 31,1920
25, I'OIO
50,000 June 29,1920
2, 1913
:>0,000 An-. 420,1920
50,0'vK) Aug. 20,1920
5)1 1912
25, 000 Dec. 20,1920
2-1; 1014 |
25,000 Dec. 28,1920
• : ; e p t . 29,1905 I
25,000
21,1921
•July
50,000 Jan. 28,1921
Sept. 2 ^ 1 OU !
50,000 J a n . 29, 1921
Mar. 4, 1918 j
10,000 Jan..
..do.
Oct. 5,1909 i
50 000 i
May 10.1910
50.000 ; . . . . d o
.Ian". <», 1916 |
Feb. 10.1921
25,000 j
Mar. 27. 101 :> '
-do '
i.OOO :
Feb.
100.000
Feb. 21,1921
Jan.
200,0)0 i Mar. 2,1921
Dee.
50, 000 Mar, 11, 1921
Feb. 10, l\sx
50 (W)<) Mar. 2o, 1921
Mav 2*, 1917
-r), ooo Mar. 2S 1921
25 000 Apr. 5.1921
J u l y 30,1000 !
S e p t . 2.1919 i
25,000 Apr. 7, 1921
Feb. 23,1917
100,000 Apr. 1.3.1921
Nov. (), 1919
J unc 22,1910
: Mar. 12, 1902
June IS, ]015
Feb. 23,1910
Julv .15,1902
j May 19,1913
June 5.1910 I
' May IS. I91() i
' Nov. 11. 19in '
May
June 21.! 1909 i
July 2S, 19K) ;
July 5. 1909 i
Jan. 11,1907
Fob. 20.1913
May 4,101S
July 25, 1917
June 30, 1909 I
Feb. 17, .1917 i
An*;. 11,1917;
Sept.. 5,1913 :
Nov 19. 1912 !
Aug. 12,1SS9 i
Apr. 10. 1920 i
Mav 6, 1913 !
May 23,1905 i
Mar. 6,1915 I
Mar. 2, 1020 i
Aug. 5. 1921 •
June IS. 1904 !
•
Aug. 10. J 9 1 9 '••
Apr. 5.1920
25, 000 Apr. 18,1921
50,000 Mav is, J921
50 000 May 27,1.921
100,000 Mav 2S, 1921
25,000
Ido
100,000 June II, 1021
30.000 Julv 16,1921
25.000 \\\k. 29,1921
50. 000 Sepv. 16,1021
25. (KM) . . . . . d o . !
i 50, 000 Ocl. 27,1921
25, 000 Nov. 7.1921
25.000 : Nov. 0,1021
75. 000! ;Nov. 15,1921
50,000
.do......
30, 000 Nov. -M), 1921.
25, (XX) Dec. 12, 1921
25,000 J a n . 3, 1922
25, 000 J a n . 5. 1922
25,000 J a n . 28, 1922
25,000 J a n . 30, 1922
25.000
do..
250,000 Feb. 3, 1922'
50,000 Feb. 18. 1922
25,000 Feb. 24, 1922
200. 000 Mar. 4, .1.922
125, 000
<)(), 000
50,000
25,000
100,000
25,000
150,000
Alar.
Apr.
May
.li u ie
July
Auk.
Sept.
S, 1922
7, 1922
13, 1922
26, 1922
14, 1922
14, 1922
23, 1922
REPOTCT OF INK COMPTnOlXEI! 01" THE CUEBEXCY.
243
appointment of rcceicer, and closing, with amounts of nominal and additional assets,
assets, expenses of receiverships, claims proved, dividends paid, and remaining assets
Nominal assets ni da (o of suspension.
Estimated ; Estimated
good.
I doubtful.
S755,004
SI4, 781
1, 0S7, 304
! 58, 243
120, 110
1,92s1.431
1.010. 0X3
' 2(K). 4! 2
J. 4\S, 390
'310,050
i, 080, 7s5
N90, Sti4
iOO. 172
J75 358
;>so, 2")S
2,1.1.K, 1>2S
9s, 090
453 ?'*>
2:if), S93
07, 124
750'. 777
279, 978
230, 200
40, 131
Si, 309
033.714
133,015
9i.S52
IS 7,S37
200,9S2
£942. 113
2,013,400
505,010
413, 533
294, SOf)
820. 071
!. 003, 429
2 IS. 785
507', 052
*0, 899
2.388, 7J0
' 327, 752
.108) 9S9
38, 553
2S3, 028
J,700, 000
' !3>, 331
121,751
45 J. 549
.MS7.S78
192,169
7S, S91
I2i; 538
til), 005
273;349
1O97 137
27,037
280, 553
4 Is, (i 12
20, 15.1
!77,O77
7-1!'. 21S
390', 407
420,383
217. 2.1 i
91.391.
49', 505
379. 9;4
33'. 994
147,933
203,098
SS2, 053
9!, 326
07s, !03
9, 407
54.242
£98, 01S
13,3<i I
1. 337. 909
209. 820
133.9i8
1,804,404
251,8:55
220, 023
19*,009
38. 298
55. 4X4
(»()2,33i
99. 097
S39, 231
215,321
2S4.S62
72^ 899
735.340
1(17.320
40. 987
238.211
8, 751
IS t. 155
29.90S
4S0,030
40. 027
i f;794
140, 2S1
15. <S9S
101,355
46. KIS
2,140,734
144,713
40. 431
040. 092
930. 940
21."), 702
39, 333
31, 302
559, 9LS
4N. 052
i»M. 0(i7
590. 820
2X0, 091
4 L2. 057
!)9. 544
22.211
2ri,883
102.418
139, 877
44.581
1.307.227
182,485
30, 120
9! 3,990
394. 591
507. 920
75, 957
21.278
413:718
\ 37. 880
270, 200
Estimated
worth less.
*S, -182
130,499
yy2, 201
199, 574
19,304
500, 254
30, 913
i(i5,2(i4
401,445
27. 210
47, 999
01S, 132
121, 117
.">!, 073
•W. S27
; u, 53s
210.900
0; 3,12
510,587
i5. 276
V2,303
IJ5.971
1,553
222, f)90
i iU)i3
I 19,350
3"2.050
M>; 051.
MS. 519
' 238
t: 7, 740
2C4, M0
35. 790
75,048
50, 999
( \ 9;'>5
Loss on
; Additional
assets comi
asset s
Offset s
pounded or
:
; received
Toia] asset vs. allowed and i
1
since d a t e of j
i
settled.
! sold under
order of
; suspension, j
court.
SI 1L 92-1
2. (KM); 394
592. 192
225,397
52. 807
2i4, 538
i 29, 007
51.273
I. 000, 927
33.422
<)50. 8S0
252; GOO
32. 730
108>li
179,057
290,901
35, 178
70, 429
191.503
133,2.-!
09, 050
GO, M S
:MU;-'O
42. 270
77. ",09
9, 197
:SA. 000
34,952
33:023
•10,4C5
12.942
•M), 4 S3
20.097
7s, 1 i 7
30.054
05,950
S i . s i s . ivs3
5,019:08.3
2, 73(>;713
990.747
493.020
3, 409, 294
3.374,092
065, 734
3,457,814
i5i,5Si
1, 171,374
2,095, 35 J
303.008
3 5 7 . :•>->:>
i.089'. 17(1
4,9ls:007
' -IM, Mi:.
057. 751"*
:-73.502
l,04-r.90>
515! ".|J
392. 910
572, 0(>2
.>•(;. 2sO
902.001
570. 70s
•iiw.OOS
s>.s.50i
321.779
3 9 1 . (.77
2.!) 10, 075
704. IS9
S00. 171
502, 370
2!4. 5sfl
1 7'2\ (J7.">
!.3S4,93<»
H»s,i)5(i
'.')'', 700
! ! , 2S(J
127,272
5. 124
ir>.>27
30, 307
•JX3. S02
27"), 422
30, 141
227, 297
20,000
423.571.
3 i, 204
307, 421.
3S.007
V. 323
isi>; J43
SJ'<. 552
7(i4.50()
100.137
S"{. t.»08
4'. 151
2<». 400
42. ;t»7
510, iss
170,049
I.S2L 7y-4
' 222,1)42
I.90S, 710
2IS, S«4
i:i:j. 544
752.-'12
S9. SI 5
2.015,737
»90, :i3S
154.190
70. 745
195,347
40.852
41 507
32. 400
41. 013
14'. 313
3i; 417
80,930
98. 732
19. 985
2t\. 058
351^028
37. 052
19, 501
9*. 957
247.210
119, 012
309.219
(iO, 340
43. 300
35.821
25,184
1. 104
12,128
1.873
4,383
10,31.3
340,202
5. 793
3, 829
2*. 428
82. 884
41,300
21,194
20, 737
19.204
15, 750
20,115
9S9, Ml")
130. 704
i, 129,201
20l), 207
79. l>7ti
211.t>9S
l«iL 802
259, 92S
132, 119
3. 935, 093
431,723
100.305
1.003.571
1,760.043
892.040
15t>. ()4S
107, 334
1,240,050
321,324
770. (5«-l
2 3 . 0 . (>{SK
24, -153
IS7.S52
3.410
4,002
2i'>. 710
$39, 8S4
540, 295;
21S,2S0
39,047
49.007
;199. 707
! 4.8, 384
32, 124
017,30S
12,S83
320, 21S
150. 74 i
19,305
11,869
202, 140
47O,4OS
40,714
1! 7V 300
!92,943
50, 050
s.i. 97!
M:2,»i24
23. 249
."»3.:{79
s: 47 s
;9i.3s;
20,713
•is, 179
'/.s, 237
:< 1.901
9280,140
1.422,242
13!,007
594,714
90,433
908,550
377,088
209,502
060,364
JO, 608
193,01!.
480, 503
161.980
SS, 270
80,048
1.647,997
2i,]27
.11,151
333,931
(25,184
11,478
09,984
10,827
104.501
03', 102
56,345
9, 123
21,2SI.
21.836
K 987
i1,252
224,434
31,302
71'. 110
:>3. 991
37, 707
4, 105
139.130
ti, 552
10,033
17.421
112. 050
12,277
M). 107
4/290
3.521
20,944
1. 095
159,040
73,900
52.S31
214,459
36,681
23,587
1J,327
2,972
26,370
161,577
7,875
25,249
9,170
2J,S77
22,676
93,5G9
14,775
14,323
9,900
3,088
149. S51
00,013
10.591
!2.700
99, 9<il
4.752
1.490
8. 384
708
3, 046
7. 389
141, 520
0. :>07
1,001
91. 980
78.537
41.738
33', 007
2»>. 949
40,317
7.312
10. 725
4, 289
870
400
469
513
515
52i
526
531
533
542
549
554
559
565
569
582
583
587
590
59 L
592
593
594
595
597
598
599
600
001
602
003
604
005
006
607
010
Oil
612
013
014
615
616
617
618
619
620
621
623
025
626
02S
630
031
632
633
634
635
038
12. 720 040
50 642
G43
" 22,7)75* 644
32.894
645
20.555
24,584
9. 290
019
8, <H>4
2. 181
*J4»i
648
049
050
651
052
OVi
654
05.1
056
244
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 40.—National banks in charge of receivers, dates of organization,
amounts collected from all sources, loans paid and other disbursements, losses on
returned to stockholders to year ended October 31, 1928—Continued.
Nominal
value of
remaining
assets.
Collected
from
assets.
SI. 498.159
400
409 "si* 457.109" 1. 593', 433
526,259
1.860.507
513
1
362. 985
515
296'. 305
523
57, 101.
2.100,977
520
2.085. 509
163,051
531
317,129
1.06. 979
533
1.788. 830
542
361.240
392.775
29,255
549
3.331,643
554
622, 902
1.426,709
559
31f 401.
1 SI, 003
505
257. 380
569
595, 90S
205,008
582
2. 794,202
583
153, 040
202. 284
587
75.033
453. 671
590
591.
629. 030
201.012
197.422
592
517, 045
593
430.411
152, 897
594
160.000
87,832
596
205, 032
74. 029
597
140,093
LI7; 355
598
391, 345
4,317
599
46 955
267, 503
600
273.369
342, 444
55,104
601
249, 917
602
588,571
253, 919
20, 912
603
004
125, 807
201. 727
605
1. 045, 205
1.432,877
606
' 257. 484
375, 722
607
423, 628
610
281, 840
232, 587
204, 471
61.1
74, 969
98, 872
612
41, 977
613
100.403
201.059
880, 107
614
114. 433
39, 790
615
245, 827
258, 079
616
617
285, 089
158,309
780, 427
618
570,830
89.931
98, 055
619
982, 960
743, 074
620
72,109
621
127,690
63^ 202
623
52, 495
485,963
229,605
625
29, 068
626
55,904
874,654
1,432,186
628
109,365
2-16, 994
630
631
335,145
632
633,780
633
302,983
120,151
634
215, 282
814, 018
95, 525
105, 930
635
63,141
15,045
(538
040
98, 719
91, 875
15 821
612
145,163
613
72, 798
183, 484
Oil
63,401
39, 554
645
1,953, 468
1,807,205
046
253, 643
151,158
648
13,178
86,126
885, 082
649
601, 922
618, 904
1,053,312
650
651
458, 049
392, 234
652
82,626
40, 355
653
26, 277
114,108
654
874,969
316,100
655
237,781
74, 050
656
101,579
658,297
Collected
from
assessment
upon
shareholders.
Loans paid
Total
collections and other Dividends
paid.
disbursefrom all
ments.
sources.
31. 32(5
13, 700
41,695
015.012
45.161
40. 500
44.400
27,130
28. 750
9.134
3, 875
15.750
18. (MX)
40. 900
16, LOO
5,150
22. 950
10,378
SI, 542.642
1.742.704
1,868.007
444,715
325,101
2,208,155
2, 770. 040
352,204
1,802.584
117,955
3,331,043
1; 540, 852
212,989
271.080
037,603
3, 409. 274
198,201
4.94.17!
073. 502
224. 552
545, 795
102,031
91 707
89, 779
.135. 355
51.217
283. 069
60, 254
272. 897
204. 297
$353. 507
282,110
280, 573
UK), 568
8, 107
317,546
31'.388
28. 192
291,712
24, 132
1,015,087
271,477
111, 129
17.371
15,183
589, 034
25. ISO
33. 925
221,042
31,255
1.42.153
5: 702
60 182
19,413
89, 570
40 900
209. 424
32, 240
108.186
105. 774
25, 845
16. 950
30. 097
40. 613
12.604
19,200
3,674
77, 895
12, 141
17 274
4, 000
34, 500
3, 000
40, 409
3,100
10,318
9,678
5, 354
43,900
10,000
151,712
1.449,827
405.819
404,24L
217, 135
MS. 138
45,651
958, 002
51, 937
203 101
102. 369
814, 927
101,055
783, 483
75, 209
73, 520
239, 283
34,422
918,554
256,994
52,991
1, 180,600
103, 110
54, 822
10S, 130
51, 334
21,679
470, 706
21,598
219 20-1
70, 222
180,015
53, 433
028, 045
63, 326
29, 501
179,357
17,532
776,187
66, 888
9,000
10.609
11,348
9,605
9,275
3,552
187
344,145
130,760
220 630
115, 535
24, 320
95,427
16,008
72, 798
73,168
2,136,316
172, 758
20, 004
669,237
1,053.312
42i; 230
40, 355
28,667
322, 268
76,661
123, 226
277,743
94,790
169,373
84, L38
9,813
70,351
13, 544
00, 287
56, 581
1,530,030
101, 042
7,028
418, 522
489, 458
283, 505
30 <«3
17,228
289, 207
68,176
74,218
544. 483
149,271
7, 500
81.730
28, 730
1.07, 178
91, 071
35.135
73,748
25. 180
""l20.'m
9, 767
182,848
21,600
6,826
67,315
28," 996*
2,390
6,168
2,611
21,647
SI, 056, 782
1,280,325
1,387,675
- 272,397
269, 707
1,699.521
2,540! 527
239. 033
1,472, 354
315,272
1,005, 068
1,189, 077
78, 445
209, 742
540, .140
2.091,683
139. 774
422, 775
377,019
101,014
202,105
90. 055
29, 603
16, 803
45, 012
132, 357
116.078
•19, 7 5 2
184, 027
109, 555
380, 926
53, 535
47. 370
12, 215
377, 880
45.926
558, 299
33, 095
70, 817
28,000
5,007
99,093
172,416
38,024
15,519
4,342
468,093
50,342
162,993
469,637
88,219
Legal
expenses.
Receiver's
salary
and other
expenses.
S10.253
51,746
25, 599
39, 765
9. 209
83, 713
15, 800
5, 643
31,754
37,957
55, 796
30,108
4, 237
19,699
19,966
61, 804
4.281
7, 42S
9', 835
7, 573
30, 70S
8, 033
2 1L0
4,301
5, 890
1,477
3, 325
2, 204
3, 588
697
S38,198
65,85S
132,693
26,823
21,317
102,172
63, 950
27,975
65. 80S
25, 117
114,970
54; 375
17| 655
18,723
38,2St
61.200
19, 853
27.80S
29,8">0
21, 782
41,789
26,070
14,790
14,282
14,603
2,2S2
18, 888
17,72(i
23. 579
15,973
1,258
21. 579
4; 925
2, 118
10,018
432
937
2,999
2, 459
7, 402
2, 825
7,924
2,009
6,675
062
684
4,225
510
1,452
166
20,678
32, 402
18,558
15,324
32,2-49
14,083
8,97o
27,597
11,902
19,901
18,90(>
34,902
11,091
41,3oG
7,220
9,640
18,867
9,639
23,126
15,36J
2,030
1,723
1 319
1,277
434
456
220
140
1,119
4,789
3,330
71
2,300
2, 577
2,329
136
121
1,661
128
184
17,425
12,44f>
14 527
11,618
9,504
9 959
1,725
8,947
6,352
23,028
12,424
7,783
26,500
12,718
11,050
7,706
6,724
15,969
7,137
8,954
245
RETORT OF Tilt: COAIPTR-OJLLKR o r THE CURltKXCY.
appointment of receiver, and closing, with amounts of nominal and additional assets,
assets, expenses of receiverships, claims proved, dividends paid, and remaining assets
I
Balance in
hands of
comptroller
or receiver.
$79.656
56'. 665
41,467
5,162
16,731
5. 203
118,760
51,421
956
15,477
130, 722
1,755
1,523
5, 551
24,030
4,833
9, 113
2,175
32,756 j
2J928 j
60,040 i
32.111 |
14.625 j
22,177 I
S,483
55S i
7,020 i
8,084 '
5,187
25', 780
Amount
returned
to shareholders in
cash.
S4r 246
Aniounl of
assessment
upon shareholders5.
8200, ooo
200, ooo
Uti. ooo
200', ooo
50, ooo
300, ooo
200, ooo
100, 000
50s), 000
5!), 000
Amount of
claims
proved.
:
;
!
350,000
27,630
31,159
109,671
11,051
13,203
4,314
1,845
72,820
15,978
16,594
24,430
33,787
767
36,590
4,001
5.695
36;834
1,734
IK,696
2,163
8,923 I
21,801 i
41,411
2,983
4,569
14,061
519
3,424
4,774
110,376
5,620
5,122
28,922
78,922
36,127
1,590
4,594
15,431
1,220
39.870
20-), 000
100, 000
2.), 000
50, 000
1,000, 000
50, ooo !
50, ooo I
50, 000
30,
5d, ooo !
2',, 000 !
25, 000 I
000 !
ooo i
000
000
000
000
000
100.
200.
50
50
j
j
i
i
i
ooo I
ooo I
ooo ;
ooo
ooo
ooo
000 i
2"), 000 !
100, 000 i
25, ooo i
50, ooo !
50, <X)0 I
1 (X), 000 '
25, (K)0 i
100, 000 :
30. 000 i
25
50'.
25', 000 i
150, 000 i
000 I
ooo I
75, KK)
50,000
30, 'XX)
25,000
25 i (100
25, (XX)
25,000
25,000
250,000
no,ooo
25,(i00
200, (00
6().r,66
25,000
100,000
25,000
150,000
SI, 048. 708 i
1,570,643 :
1,850,300 •
477,89! !
323,762 !
2,124,402 j
2,829,743 |
478,086 i
1.882,658 i
350.303 i
1,395,066 i
L415.66S '•
93.951
287:207;
771,679 !
2, 563, 991
346', 509 .
497.101 .
838,089 !
220,416 >
839.538
296,508 i
258.001)
206,030
H I . 959 :
838.90!
532,876 :
260, 257
653.020 !
176,197 •
2*9,397 ;
1.218.015 !
371,092 ;
634,867 '
351,315 ,
94.752 !
12"i, 129
590,784 '•
110,160
•126. 244
305.951
799.029
1! 2, 324
1, -106,600
S2'fX5i
70,054
509,117
50,065
1,903,9S0
:m44
256,002
309,527
805, 197
65,386
37,019 ;
81,468
76,624
80,064
43,361 '••
1,562,079 '
25i,sno !
66,844 i
730,288 !
940,384 i
442,550 ]
AA, 128 i
47,554 •
794,605 •
'
142,705 i
462,768 i
Interest
dividends
(percent).
Dividends
(per cent).
finally
dosed.
100
75
57
82
80
90
.| Mar.
1,1923
52
77. 5
90
100
84
83. 5
73
70
100
40
85
45
70
30
30
10
15
100 i
. Sept. 19,1.923
.1 M a r . 31,1923
J Sept. 1,1923
32
vSept. 30,1923
Oct.
20
66.67
:.
i.
20
U
10
60
15
50
m
60
L5
65
30
50
...
:
10
-10
20
.
...
'
• .
25
50
20
! .
..
...
:
i
•
.
20,1923
400
469
513
515
523
526
531
533
542
549
554
559
565
569
582
5S3
587
590
591
592
593
594
596
597
598
599
600
601
602
003
(504
605
606
007
610
611
612
613
614
615
616
617
618
619
620
621
623
625
626
628
630
031
632
633
634
635
63s
640
642
043
644
645
646
648
649
650
651
652
653
654
655
656
246
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 40 - Xational banks in charge of receiver*, dates of organization,
amount* collected from all sources, loans paid and other disbursements, losses on
returned to stockholders to year ended October 31, 192:1- -Continued.
T i l l e a n d location of b a n k .
057
<w<S
659
MO
C61
062
663
tti-l
G65
MS
669
670
671
672
l>73
074
675
076
077
67S
079
6S0
681
082
6K'J
f,K4
6K>
680
089
f)Ji()
091
602
693
694
6<>5
6«f>
697
098
t.»«/9
700
701
702
703
704
70")
706
707
708
709
710
VII
Dal e of
organization.
Oct. 3,1917
First National Bank, Fresno, Mont
S.-pl. 17.1907
Merchants' National Bank, Wimbledon, N. I>ak
! May 3. 11)09
First National Bank, Hope, N. Me.x
j Apr. 8.1919
Fit N t i l B k
M t i i
First National Bank, Mountainair, N. Mex
! July IS,1001
First National Bank,Lawton, Okla
1
July 1.1911
First National Bank, Colusa, Calif
! Apr. 20,1914
Commercial National Bank, Great Falls, Mont
< Mav 2,1921
Sterling National Bank, Sterling, Colo.
Payette National Bank, Payette, Idaho
Jan". 9.1900
First National Bank, Highwood, Mont
Doc 29,1917
May 3,1907
Citizens' National Bank, Laurel, Mont
Aug. 27, I9J2
First National Bank, Magdalena, N. Me\
Nov. 20,1915
First National Bank, Broadview, Mont
Apr. 17,1922
Commercial National Bank, Wilmington, N. ("
Dec. 15,1917
First National Bank, Winner, S. Dak
25, 1902
First National Bank, Wessington Springs, S. Dale
(
July' 2 ». U)j:j
First National Bank, Rupert, Idaho
Nov. i r, i9i9
First National Bank, Warren, Mass
Oct. 27, 1908
First National Bank, Harlowton, Mont
A n jr. 1.19^7
First National Bank, American Falls, Idaho
May NJ901
First National Bank, Clifton, Ariz
Jan. 17,1SS2
Springfield National Bank, Springfield, Ohio
May 22,190S
First National Bank, ttonndup, Mont
Feb. 22.1907
First National Bank, Gregory, S. Dak
Dec. 17. 190.1
First National Bank, Bottincan, N. Dak.
Jan. US'. 1904
Home National Bunk, Llano, Tex
Lit:no National Bank, Llano, Tex
June 5,1901
Farmers and Merchants National Bank, Jefferson, Town. Dec. 28,1.911
City National Bank, Jerome, Idaho
Dec. 22, 1919
First National Bank, Nam pa, Idaho
Sept. 1">. 190ft
First National Bank, Rock Iliver, Wyo
Apr. 2-4' I9L0
First NivtioiiM 1 Bunk, Highland, Wis
June 11,1910
First National Bank, Joseph, Oreg
Dec. 11,1905
First National Bank, Watts, Calif."
Mar. 22,1922
Peoples National Bank, Salisbury, N. C . . .
Mar. 10, 1908
First Nat ional Bank, Spencer, N . C
Dec. 5. 1914
First National Bank, Big Sandy, Mont;
May 9', 1917
First National. Bank, Willow City. N. Duk
Apr. 18,1.903
First National Bank, Grandfieid,*6k!a
Apr. 24,1911
First Nat ional Bank, Sapulpa, Okla
Aug. 19, L901
First Nat ional Bank, Chester, Mont
Nov. 15,19.17
First National Bank, Henryetta, Okhi
Juno 29.1903
First National Bank, Carroll, Nobr
I Aug. 21,1901
First National Bank, Colquitt, Ca
I Oci. 3,1902
1
First National Bank, Shelby, Mont
Dec. 11,19.16
Fail-field National Bank, Faidiold, I own
Dec. 21,1907
13,1.915
Howard National Bank, Howard, S. Dak
Oct. 20, 1914
Roundup National Bank, Roundup, Mont
i .June 15,1901
First National Bank, Wotumka, Okla
! Jan. 8,1918
First National Bank, Oswego, Mont..
First National Bank, Lovington. N. Mex
! May 20.1917
First National Bank, Wells, Minn
Dec. .12,1891.
First National Bunk, Mitchell, S. Dak
Feb. 8.1882
Cavalier County National Bank, Langdon, X. Dak
Jan. 28.1908
American National Bank, Three Forks, Mont
Apr. ;.{«•. L917
Total.
1
Capital
stock.
Receiver
appointed.
S25.000 Oct. 20.1922 i
25;000 Oct. 27,1922 I
25,000 Oct. 30.1922 i
2j 1922
30, 000 Nov. 18,1922
200.000 Nov. 22,1922
Nov.
150;000 Dec. 9,1922 ;
200.009 [ Dec, 11,1922 I
150,000 i Dec. .13,1922 I
75.000 Dec. 29,1922 |
25,000 Jan. 4,1923 |
35,000 Jan. 18,1923 I
50, 000 Jan. 30,1923 i
25, 000 Jan. 31,1923 i
200,000
do
!
30,000 Fob. 5,1.923 i
50.000 .fob. 7,1923 i
25^ 000 Feb. 23,1923 !
50, ( ( ) Mar. 7,1923
'X
50,0- X) -Mar. 26,1923
50,000 A or. 2.1923
100, 000 Api. 5; 1923 ;
I (X), 000
do
I
50,000 A p r . 12,1923 ;
50', 000
50,000 'Ai">r.~ 18,"l923"j
60,000
50,000 Apr. 27, 1923
40,000 May 24, 1923
30,000 June 1, 1923
2(K), 000 ,\um* 14, 1923
50; 000 . . . - d o . !
do
25, ()(l(>
!
25,000 June 20, 1923
50.000 July 3, 1923
do..
1 (X)' 000
25,000 July 7, 1923
25,000 July 12, 1923
25,000 July 21, 1923
50,1)00 July 30, 1923
!
.1.00,000 ..:AO.1
: 1
25,000 July 13,1923
50,000 Aiur. 13,1923
50,000 Aug. 14,1.923
50, 000 Aug. 27, 1923
25,000 Aug. 30,1923
00,000 S t
11923
Sept. 1,1923
6,1923
25,0(/0
25,000 Oct. 2, .1923
40,000 Oci. 5,1923
25,0(K) Oct. 8,1923
30,()!;0 Oct. 22,1923
100,000 Oct. 23^ L923
100, COO Oci. 29, i923
2.")', 00!)
do..
25,000
9.970,000 i.
Itcstored to solvency.
NOTE.—Figures taken from receivers' reports ; f Se,:l. 30, 1923: no figures shown for receiverships v hero
<
no report was received for Sej»1. 30,1923.
247
RKPOKT OF THK COMPTliOTXKK OF THE CT'KKEXCY.
a ppointmcnt of receiver, and closing, with a mounts of nominal and additional assets,
assets, expenses of receiverships, claims proved, dividends paid, and remaining assets
Nominal as sets a t d a t e of suspension.
Estimated
good.
Estimated
doubtful.
Estimated
worthless.
Additional
assets
received
since date of
suspension.
91,367
8S.029
108,961
$39, 358
118,292
9, 461
22.802
408.661
405, 505
1,189, 442
463.971
123 0-19
187, 644
102, 694
354, 749
74, 8-12
1,226,912
149, 230
223, 691
198,932
17,771
90,142
371,762
194,391
107,913
112,832
257, 777
230,932
139, 737
172,844
117,029
37,312
31,174
122,998
17,833
114,303
$22,935
21,981
37, 766
S02
046, 628
402, 098
424, 765
270,603
168 413
37, 428
205, 526
54, 724
39, 793
548.872
53, 935
3H2,175
180, 403
2,119
405, 582
191,895
211,101
43,730
4.51.201
63, 799
36, 049
157, 564
141.126
33,066
42,076
179,530
CO, 033
28,640
138,678
$636
10,031
17,754
7,119
17,277
22,356
35,350
17, 898
15 979
2,878
1, 818
16,648
1,906
98,874
10,986
13, 223
5,038
2,242
21,689
5,631
6,637
50,857
6,046
3,196
2,868
2,150
1,354
2,183
5,252
17,323
2,370
23,486
5.. 608
47S, 878
214, 463
15, 951
80,630
41,304
219,280
35,274
5i7 977
153 317
88,996
79,131
13,338
75,257
56,176
179.238
80.113
112^400
255, 458
86,251
30, 367
143.859
129,679
506,071
105, 392
5L6 671
257,311
156, 148
218 301
48. 598
150', 855
31 316
13M10
33,696
113, 607
5?5,563
86,260
41, 592
42,626
170,847
2." I'), 987
115,343
201,868
194,165
45,040
57 715
231,384
65, 710
31^ 478
31,007
4,8-18
71), 202
2,057
985
102
1,140
2, 307
38,296,225
37,308,596
IS, 934,908
9.517,735
$6,164
57,132
121, 564
308. 039
300. 994
128.697
•147, 804
241,183
03 743
27,638
6'5, 740
101, 400
•10.657
926, 97.1.
H i . 052
106, 852
33,782
129,794
81.571
30, 701
210, 374
1,314,132
213,681
45 299
182,688
285, 869
112,936
63,691
58.182
7:!3!K>°—24
17
6,890
1,704
229
4
Offsets
Total assets. allowed and
settled.
S69,093
207,430
m*>,
545
338,702
1.H73.500
9.38, 716
2,097,301
993,055
371' 184
25f>; 588
373,778
527,58i
157,198
2. S01, 629
355. 209
725,941
424,155
151.921)
598. 984
599^ 989
022, 503
1.576,632
783,760
370,071
452,537
585,320
428,260
215,969
143,422
228,027
285.708
157,988
367, 550
1,311,956
387, 965
88,012
268,255
344,137
1.021,338
202,899
1,200 516
600.497
290,413
355 147
293, 320
291,822
SI, 674
2, 737
23.089
16, 543
34, 206
0'. 557
136,070
21,001
2. 003
5,000
13,184
15
414,860
10, 911
3, 271
4.472
.12, 6,)6
15.900
626
30, 035
133,414
41,804
0.940
11*, 347
21,433
13.180
12,136
3.130
135
12, 404
602
2, 043
52,847
3,838
487
1,967
Loss on
assets compounded or
sold under
order of
court.
S12
2,861
66,612
927
24,726
do,398
75
9,234
303
684
1,315
588
1,567
526*
657
6, 590
124
118,687
104,057,554
8,184,255
9,566,783
657
658
659
660
661
662
663
064
665
666
667
668
609
670
671
672
67J
674
075
676
677
678
079
680
681
682
683
684
685
686
687
688
689
69I,»
691
692
693
694
695
698
697
698
699
700
701
702
70 J
704
705
706
707
708
709
710
711
248
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 40.—National banks in charge of receivers, dates of organization,
amounts collected from, all sources, loans paid and other disbursements, losses on
returned to stockholders to year ended October 3t, 1923—Continued.
Nominal
value of
remaining
t
657
658
659
660
661
662
663
664
665
666
667
668
669
670
671
672
673
674
675
676
677
678
679
680
681
682
683
684
685
686
687
688
689
690
691
692
693
694
695
6%
697
698
699
700
701
702
703
704
705
706
707
708
709
710
711
Collected
from
assets.
860,977
172.010
126;346
262, 819
969,382
647, 782
1,581,174
632.355
290,107
238, 897
326,632
427,121
150,468
2,173,538
250, 559
582,491
377,369
17,678
5*4, 291
558,139
540,692
579,319
705.141
332,595
361,009
435, 836
368.928
174,332
111,306
205, 757
249,108
130,255
317; 027
$6,430
29,828
36,510
59,400
303, 270
303,450
355,391
284, 898
65,903
14,088
41.546
87,276
6,640
173,997
87,739
139,873
42,314
120,928
38,787
41,224
51,776
862,554
36,815
30,536
69,18!
127,463
44.579
29,501
28,986
21,609
24,256
27,071
48,480
1,107,286
331,501
84,198
258,675
311,327
1,021,338
260,986
1,266,516
568,588
274,632
355,147
293,320
291.822
391,580
341,655
118,687
305,209
151,166
52,026
3,327
7,013
32,810
Collected
Loans paid
Total
from
Legal
assessment collections and other Dividends
disbursefrom all
paid.
expenses.
upon
ments.
sources.
shareholders.
$6,643
5,816
5,800
14,000
133,212
160,400
33,215
30,985
2,055
3,900
6,425
8,000
65,825
14,000
2,400
1,700
19,170
26,910
33,570
100,000
2,500
17,500
1,500
12,592
1,750
2,550
13,000
8,499
125
750
$13,073
35,644
42,310
59,400
317,270
436,662
515,791
318,113
96,888
16,143
45,446
93,701
14,640
239,822
101,739
142,273
44,014
140,098
65,697
41,224
85,346
962,554
39,315
30,536
69,181
144,963
46,079
42,093
30,736
24,159
37.256
27,071
56,979
S3,132
26,340
20,070
41.723
138; 517
298,705
340,420
2S5,390
44,297
5,201
24,665
62,457
5.525
20,538
82.304
109,647
34,358
1,610
29,635
34,205
39,388
178,396
22,772
21,941
10,2G1
33,520
25,799
37,093
18,338
640
20,905
13,997
37,832
151,166
52,626
3, 452
8,363
32,810
79,976
78
1,822
2,862
10,960
$4,731
139,074
"22,"480'
111,685
"580," 378*
$568
634
142
284
1,717
1,168
832
461
738
102
12
762
2,884
337
581
145
306
114
16
84
412
64
30
20
578
1
83
502
155
"is
.Receiver's
salary
and other
expenses.
$2,358
4,707
5,052
8,809
15,468
10,981
17,114
12,494
C/289
2,762
4,552
6,288
3,487
8,580
5,598
16,894
5,073
5,075
5,006
6,264
5,728
11,329
4,803
3,049
4,294
3,617
4,920
2,433
3,213
1,484
2,163
1,723
3,029
3,438
767
916
1,488
1,C33
1,9.13
1,913
64
G36
31,319
15,657
31,319
15,657
26,373
13,737
1,258
709
14,3*8
14,388
2,624
253
44,732,133 41,574,383
3,359,432 44,933,815
15,670,805
23,096,373
716,061 | 2,004,739
REPORT OF THK COMPTROLUiR OF Till! CTJRBE1TCY.
249
appointment of receiver, and cloning, with amount of nominal and additional assets,
assets, expenses of receiver strips, claims proved, dividends paid, and remaining assets
Balance in
h a n d s of
comptroller
or receiver.
A mount
returned
to shareholders in
cash.
Amount of
assessment
upon shareholders.
$2.2*6
3,963
17,04.6
S,524
22.494
125,805
157,425
10,70S
23.0X4
S,07S
16,217
24,194
5 028
207,820
13.500
15,151.
4,438
21,422
30,882
739
40,146
192,039
11,740
5,482
54 5V>6
107.S06
14,7>2
2,566
9, IS")
21,952
13,686
11 351
15,96.3
A m o u n t of
claims
proved.
S2">,000
25 000
25'000
§47,422
200.000
150,000
20(), 000
150,000
75,000
2.1,0()6
35,000
50,000
25,000
'>00,000
30,000
50,000
25,000
50,000
50,000
100,000
100,000
50,000
50,000
:")() ()()()
60,000
50,000
40.000
30 000
200,000
50,000
936,009
173,715
919,9S4
432,160
219,233
161 070
17f>j()K0
94,1S7
15,788
1,216,309
'159.391
2S6,787
274,748
ui,(isr>
4(Ki,050
174
201,037
1,741,166
3S7,297
157,438
320 ~P\
368,041
125,294
90,247
35 559
247,9SI
146,640
itf, 000
245,230
67,737
51,781
714
4,015
20,207
100,000
79,287
l,20v>
25,000
70,97S
Finally
closed.
620,061
-5,000
25,000
50,000
Interest,
dividends
(percent).
Dividends
(percent).
10
am
60,721
15
10
!
i
!
i
i
40
i
33.333
j
!
>
•
I
i
3,085
L/200
j' "
!
98,970
60,000
'•>•"> < H M )
I""""
!
i
i
$354,246
8,795,000
i
!
11,506
3,091,591
'
6ott
660
661
i 662
! 663
664
065
666
667
66S
t\W
670
671
672
673
674
675
676
677
67rt
679
6Sft
6S1
68?
6S4
fwr»
fWfi
6S7
6SS
6S<)
600
691
69?
693
604
6%
(.97
f/W
699
! 700
701
70f>
70'?
701
705
70-(»
! 707
! 70S
709
710
711
53,303,274
NOTE.—Figures taken from receivers' reports of Sept. 30, 1923; no iigures shown for receiverships whsro
no report was received for Sc?pt. 30, 1923.
250
REPORT OF THE COMPTROLLER OF THE
CURRENCY.
TABLE N O . 41.—National banks restored to solvency after having been placed in
«
,
the charge of receivers.1
Title and location of ban k.
Receiver
appointed.
i Capital
I stock.
i
Abington National Bank, Abington, Mass
Farley National Bank, Montgomery, Ala
First National Bank, Arkansas Citv, Kans
City National Bank, Brownwood, Tex
Citizens National Bank, Spokane Falls, Wash
First National Bank, Phillipsburg, Mont
Bozeman National Bank, Bozeman, Mont
Montana National Bank, Helena, Mont
First National Bank, Great Falls, Mont
First National Bank, Kankakee, ill
First National Bank, Orlando, Fla
Citizens National Bank, Muncie, Ind
First National Bank, Tort Angeles, Wash
Stato 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, Fa
Federal National Bank, Pittsburgh, Pa
First National Bank, Allegheny, Pa
First National Bank, Brooklyn, N. Y
Union National Bank, Sinnmorville, Pa
First National Bank, Burnsido, Ky
First-Second National Bank, Pittsburgh, Pa
Marion National Bank, Marion, Kans.
First National Bank, (lallatin, Tenn
American National Bank, Pensacola, Flu
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, To\
First National Bank, Casselton, N. Dak
First National Bank, Daytona, Fla
First National Ban k, K ill con, Tex
First National Bank of Streeter, N. Dak
State National Bank, Carlsbad, N. Mex
Nocona National Bank, Nocona, Tex.'
First National Bank, Tombstone, Ariz
First National Bank, Lafayette, Colo
First National Bank, Poplar, Mont
First National Bank, Lawlon, Okla
National Bank of Hustings, Hastings, O kla
First National Bank, Mohall, N. Dak
First National Bank, Ackerman, Miss
Merchants National Bank, Ada, Okla
First National Bank of Watts, Calif
Aug. 3, 1886
Oct. 7, 1891
Juno 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, J893
Aug. 24, 1895
•July 26, 189G
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. 10, 1908
Sept. 17, 1909
July 7, 1913
Jan. 12, 1914
Mar. 25, 1914
Sept. 2, 191-1
Dec. 30, 1914
Feb. 4, 1915
Feb. 12, 1915
May 17, 1915
Juno 3, 1915
July 29, 1915
Dec.
0, 1915
Apr. 16, 1917
Nov. 1(>, 1920
Feb. 10, 1921
Mar. 19, 1921
Mar. 25, 1921
Aug. 25, 1921
Sept. 16, 1921
Nov. 9, 1921
Dec. 12, 1921
Dec. 22, 1921
Jan. 4 1922
Jan. 12, 1922
Feb. 20, 1922
June 20, 1923
Total (" ( banks)
, >)
$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, (XX)
100,000
30,00J)
2,000,000
350,000
300,000
50,000
25,000
3,400,000
25,000
50,000
330,00!)
25,000
25,000
25,000
25,000
50,000
30,000
50,000
50,0)0
50,000
25,000
75,00.)
50,003
25,000
25,000
25,000
200,00D
25,000
25,000
25,000
100,000
50,000
11,235,000
National banks which failed subsequent to solvency.
Citizens National Bank, Spokane Falls, Wash.2
First National Bank, Port Angeles, 2Wash.2
First National Bank, Orlando, Fla. .
First National Bank, Arkansas City, Kans. 2 .
Ben Hill National Bank, Fitzgerald,2 Ga.2>3.
First National Bank, Lawton, 0 kla.
Dec.
Apr.
Nov.
Oct.
Mar.
13,1S94
26,1895
29.1895
19,1899
6,1916
Total (G hanks).
1
2
Banks which closed and resumed business during the several years prior to 1914 not included.
Second failure.
» Formerly "Third National Bank."
150,000
50,000
85,000
100,000
50,003
200,000
635,000
REPORT OF THE COMPTROLLER OF THE CURRENCY.
251
NO. 42.—Dividends paid to creditors of insolvent national banks during
the past year, with the total dividends in each case up to November 1, 192S.
Dividends paid during 1,ho year.
Date of
appointment
of receiver.
Location and name of bank.
Date.
! Amount.
!
i
Amhia, TIKI., First National B a n !
Ardrnorc, Okln., State Nat ional Bank
Apr.
5,1921
! Mar.
•{,1922
!
i
Jan. 2.r>,1923
Apr. 25,1923
Juno 9,1923
Feb. 15,1923
June 9,1923
DO..:
Total
dividends
paid to
credi.Percent. tors
(])or
cent).
i
i
1 $9, 20
1 4. 30
9,473.90
fit}, 232. f'rfi
97^ 795. 32
1 S,9()'r. 90
1 22,143. OS
1 2. 05
24, S01. 71
15.17
1 920. 50
11,174.77
120.13
1 30. •!()
10.00
10. 00
15. 00
50.00
Oct. 31,1923
July 23,1923
BlulTton, Ohio, First National Ba lk
5.00
July 30,1923
85.00
Sept. .11,1923
Bowling Green,Ohio, First National B a n k . Jan.
70.00
1917 Mav 23,1923
Bridgeport, Nebr., First-National B a n k . . May 28,' 1921 Feb. 15,1923
"16." 66
July 3,1923
Aug. 7,1923
22, 403. So
20. 00
Sept. 21.1923
30.00
15,993.30
10. 00
Booker, Tex., Edwards Nat ional B n n k . . . ! Dec. 12, 1921 Dec. 2311922
1 110.20
Mav 8,1923
' "16." 66
i
M59.21
Beaver, Pa., Fir^t National Bnnk..
! Mar. 20, 1921 Dec. 7,1922
03,273. 03
10.00
Dec. 13.1922
1.1,281.77
Feb. 27; 1923
00.00
Boise, Idaho, Overland National B a n k . . . May 28,1921 Nov. 21,1922
1 229. 84
SO,930. 02
Nov. 23,1922
10.00
Mi, 176. 80
Mar. 0,1923
159,210.25
Apr. 17,1923
*20.66
1230. s:>
Do
June 9,1923
05.00
Cleburn. Tex., National Bank of
' Oct. 27,1921
99', 092. 71
Do
5.00
5.00
29,1921 Mar. 0,1923
1512.10
Chap pell, Nebr., First National B a : i k . . . . ; Jan.
Aug. 7,1923
5.00
32,078.75
20.00
S7.918.42
20.00
7,1922 Apr. 4,1923
Cotton Plant, .Ark., First National B a n k . . ; A pr.
July 30,1923
1 300.35
"26.'66
Dec, 2,1922
32S, 298. 74
35.00
£,1922
Corydon, Ind., Corydon National B u n k . . . ' Mar.
Jan. 30,1923
M27.03
Mar. I t , 1923
110,751.11
15.66
Mav 8,1923
1 450. 07
50.00
Eureka, S. Dak., First National Bank
! Aug. 20,1920 July 10,1923
1 000.00
Sept. 13,1.923
1 29.39
"36/66
Elkton, Md., Second National Bank
i Feb. IS, 1922 Mar. 10,1923
J I30.2S
June 9,1923
25,170. 82
10.00 "26." 66
Emmetsbur?:, Iowa, E m m e t s b u r g Na- j
1 524. 74
tional Bank
, Mar. 11,1921 Doc. 15,1922
1 4S. 70
Sept. 11,1923
37,108.90
Oct. 11,1923
10.00
1 1,771. S7
Do
40.00
1 1,105.99
Fairfield, Idaho, First National Bank
! Aug. 20,1920 Nov. 3,1922
1 1,131.04
May 25,1923
30.00
Fresno, Mont., First National Bank
; Oct. 20.1922 July 11,1923
4,731.09
10.00
10.00
40,093. OS
10.00
Jan. 29,1921 Nov. 10,1922
Gridley, Calif., First National Bank
;
Jan. IS, 1.923
* 3,771.70
Aug. 17,1023
i 513. 53
10.00
Grand Junction, Colo., Mesa Co. National
U46.15
50.00
Bank
Nov. 29,1913 Feb. 23,1923
1 33. 58
15.00
Hearne, Tex., First National Bank
Jan. 21,1921 Jan. 24,1923
37,711.78
Havre, Mont., Havre National Bank
Sept. 10,1921 Sept. 20,1923
10.00
10.00
Judsonia, Ark., First National Bank
J u n e 29,1920 Feb. 23,1923
22) 039. KJ
10.00
70.0J
Jacksonville, Fla., Heard National Bank.. j Jan. 17,1917 Mar. 9.1923
4.00
102,551.09
Oct. 12; 1923
MJ9.00
.101.00
Joplin, Mont., First National Bank
5,000.51.
Sept. 10,1921 Doc. 23,1923
10.00
10.00
Key "West, Fla., Island City National
17,377.51
Bank
83.50
July 29,1915 Mar. 28,1923
18. 50
1 10<>. 17
90.00
Lowell, Mass., Traders National Bank
Oct. 20,1913 Mar. 15,1923
11.3,001. 04
Doc. 12,1921 Aug. 17,1923
Lawton, Okla., First National Bank
15.00
Sept. 13,1923
1 20,009.32
4,374.12
i Apr. 13,1921 Oct. 31,1923 122,096.31 "26." 66 15.00
Feb. 10,1923
Modesto, Calif., California National Bank..
1 257.22
Do...
"66." 66
1110.29
Morar), Tex., First National Bank.
Aug. 29,1921 Nov. 4,1922
0,909.26
Do...
10.00 j
1 70. 45
Jan. 17,1923
Do...
10,500.06
4666
1
Represents payments made during the year on additional claims on dividends previously declared.
j
Nov. 17,1919
252
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 42.—Dividends paid to creditors of insolvent national banks during
the past year, with the total dividends in each case up to November 1, 1923—Con.
Dividends paid during the year.
:
Date of
appointment
• of receiver.
Location and name of bank.
Date.
; Jan te 31,1920
National City, Calif., Peoples National
Bank
Feb. 23,1923
Juno 29,1923
Nov. 7,1921
Jan, 22,1923
Feb. 23,1923
Aug. 29,1923
Pueblo, Colo., Mercantile National Bank .
Providence, R. I.. Atlantic National j
Bank
I
Payette, Idaho, Payette National B a n k . . !
Ranger, Tex., First National Bank
j
Do
May 25,1923
Apr. 10,1913 Feb. 7,1923
Dec. 13,1922 Aug. 29,1923
Mar. 2,1921 Dec. 2,1922
Do...
Oct. 20,1923
Newman, Calif., First National Bank
M!ar. 30,1915
Reedville, Va., Commonwealth National i
Bank
Feb. Hi, 1921
Scotland, S. Dak., Corn Belt National !
Bank
Mar. 28,1921
Sidney, Nebr., First National Bank
j May 27,1921
Santa Rosa, Calif., Santa Rosa National I
Bank
Salt Lake City, Utah, National City Bank. Feb. 3,1922
Dec. 8,1922
Do
Jan. 22,1923
July 21,1923
Amount.
Total
dividends
paid to
crediPer cent. tors
(per
cent).
$99,013,31
1112.10
10.00
U,477.47
1 110.75
34,404.98
1 26. 41
56,012.03
10.00
45.00
50.00
84.00
03,732.09
22,479.90
1 770. 79
48,459.00
1,551.41
3.00
10.00
28,955.83
11 110.20
31. 34
U,559.47
16.33J
80.00
10.00
4.00
66.66U
1
Feb. 7,1923
Mar. 14,1923
28.02
45,925.89
Jan. 10,1923
July 17,1923
Nov. 11,1922
Feb. 3,1923
Feb. 23,1923
Oct. 5,1923
Do
1 89. 43
1 05. 01
1 33,867. 26
1 708.01
155,995.25
1 022.94
156,202. 80
21,1923
29,1923
3,1922
2,1923
5,1923
581,307.57
4,34.2.30
11,178.84
1105. 40
1 10. 02
33.33*
10.00*
30,1923
29,1923
7; 1923
38,024.87
15,476. 21
111,685.04
5.00
5.00
40.00
Springfield, Ohio, Springfield National
Bank
Sept.
Secley, Calif., First National Bank
; Jan. 30,1922 Aug.
Towrier, N. Dak., First National B a n k . . . | Dec. 28,1.920 Nov.
Uniontown, Pa., First National Bank
| Jan. 19,1915 Aug.
Oct.
Vale, Orcg., United Slates National I
Bank of
j Nov. 15,1921 July
Vale, Oreg., First National Bank
\, ....do....... Sept.
Warren, Mass., First National Bank
j Feb. 23,1923 Aug.
15. M
15.00
15.00
15.00
10.00
40.00
10.00
10.00
10.00
116.12
5.00
5.09
40.00
3,371,822.45
1
Represents payments made during the year on additional claims on dividends previously declared.
TABLE N O . 43.—Dates of reports of condition of national banks from 1914 to 1928,
Year.
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
Jan.
Feb. Mar. Apr. May. June. July. Aug. Sept. Oct. Nov. Dec.
4
4
7
5
4
4
13
28
21
30
1
1
1
10
12
4
28
i
o
3
5
23
30
20
29
30
30
30
30
30
12
2
12
11
31
12
g
6
15
14
31
'"16*
17
20
1
17
15
31
31
27
31
31
31
29
31
29
31
TABLE N O . 44.—Condition of foreign branches of National City Bank, New York, A", r . , and First National Bank, Boston, Mass., June 80,
1923.
RESOURCES.
I In thousands of dollars.]
Furniture
and
fixtures
and
real estate
owned.
Loans and
discounts,
including
overdrafts
and rediscounts.
Country and city.
Letters of
credit and
acceptances.
Bonds.
Due from
home
office.
Due from
branches.
Due from Checks and
other
cash items.
banks.
Other
assets.
Cash.
Aggregate.
H
H
ft
NATIONAL CITY BANK, NKVV YORK,
N\ Y.
Cuba:
Bayamia Caibarien.
Camagucy.
Cardenas!
Ciego de Avila
Cienfuegos
Cuatro Caminos
Guantanamo
Havana
Havana-Galiano St. Branch
Manzanillo
Matanzas
Neu vitas
Pinar del Rio.
Remedios
Sagua la Grande..
Sancti-Spiritus.
Santa Clara.
Santiago de Cuba.
Yaguajav
Brazil:
'
•
Recife Pernambuco. .
Rio de Janeiro
Sao Paulo
Argentina:
Buenos Aires
Rosario.
Belgium:
\ntwerp
Brussels..
.
.
099
SG2
S21
240
5SS
730
339 I..
1S7
IS. 090
'184
358
004
129
39
122
220
273
114
071
540
o
3
12
53
5S
20
32
142
115
37
1,107
110
30
33
12
12S
11
55
117
45
104
0
4
3
.
10,922
33S :
11,009
590
351
10
1.435
1.517
128
852
1 7ss
420
00
L07
331
322
379
331
N01
4"
3
29
2
23
951
2
i.5
5
47
]94
003
299
202
003
09
142
2.914
90
204
27*
50
90
102
130
204
250
910
50
)1i •
'
22.453
3,054
17
1.3S0
2/2S9
i
i"
2
910
S37
2,942
2,043
517
53.034
2', ISO
1,013
^
v-3
C
M
C*
LS
W
_
304
5*S
500
^
)_3
h-i
801
ft
K
995
S73
1.3os
2
r-
317
1.322
1 2*2
3
s
20
l,0B3
13.054
S, 42S
ft
\?
Q
SO
1
28,791
4 121
•"
100
01
1,037
093
4,724
304
229
2GS
4S
°75
~39
204
3*7
23
98
11
24
1
730
557
1
131
§
g
ft
fH
^
95
l,3ss
1 257
449
2
794
1,114
2.149
2. OfiS
' 002
55
1.557
290
5
i
5
°3
1,171
\ 113
5.51S
30
2, GOi
3.497
Kr>
CO
T A B L E N O . 44—Condition of foreign branches of National City Bank, New York, N. Y.,and First National Bank, Boston, Mass., June 30,
to
1023—Continued.
en
RESOURCES—Continued.
{In thousands of dollars.}
Country and city.
Loans and
discounts, Letters of
including credit and
overdrafts acceptand reances.
discounts.
Bonds.
Furniture
and
fixtures Due from
home
and
office.
real estate
owned.
Due from
branches.
Due from Checks and
other
banks. cash items.
Other
assets.
Cash.
Aggregate.
I
H
C
H
K
NATIONAL CITY BANK, NEW YORK,
N. Y.—Continued.
Chile:
Santiago.
Valparaiso..
Porto Rico:
Ponce
San Juan...
England:
London...
France:
Paris
Italy:
Genoa
Peru:
Lima.
Uruguay:
Montevideo...
Venezuela:
Caracas
Total.
211
495
319
1,552
24,91S
1,599
2,1*5
1, S63
468
1,206
175
74
S2
156
14
18
5,976
8,677
45
29
25
191
15
62
76
302
23
18
5,605
4,608
14
30
71
40,778
55
18,690
999
37
49
1,081
39
655
5
9
210
95
26
25
105
1,166
8
3,753
107
*> u s
357
1,971
13
296
670
6
151
5
6,S64
15,581
5.925
4,056
75
1,214
336
192
146
37
400
4
2,404
20,982
18,508
3,148
13,268
636
235,098
.\ 249
74
153
117,205
2,220
40,590
413
IS, 128
35,179
386
3,321
2,132
320
FIRST NATIONAL BANK OF BOSTON, MASS.
Argentina:
Buenos Aires..
n
o
726
4,118
1,4*4
250
224
31
223
1,964
4,552
6 697
49,814
o
H
£
LIABILITIES.
[In thousands of dollars.]
Country and city.
Capital.
Profits.,
including
amount
reserved
for taxes
and interest
accrued.
Duo to
home
office.
Due to
branches.
Due to
other
banks.
Letters of
Acceptcredit and
ances
acceptances executed
executed
by report- by other
banks.
ing bank.
Individual! Redisdc]>osits. j counts.
|
Other
liabilities.
o
H
i
O
NATIONAL CITY BANK, NEW YORK, N. Y.
Cuba:
Bayama
Caibaricn
Camaguey
Cardenas
Ciego do A vila
Cienfuegas
Cuatro Caminos
Guantanaino
Havana
Havana-Galiano St. Branch
Manzauillo
Matanzas
Neuvitas
Pinar del Rio
Remedios
Sagua la Grande
Sancti Spiritus
Santa Clara
Santiago dc Cuba
Yaguajay
Brazil:
Recife Pernambuco
Rio de Janeiro
Sao Paulo
Argentina:
Buenos Aires
Rosario
Belgium:
Antwerp
Brussels
Chile:
Santiago
Valparaiso
1.000
10,727
9.673
!
i. i.
311
,
124 I
6 '
0* !
835 :
207 i
503 •
:
-1 ".-
2OS |
1,352 !
7.338
i
IS
hi
64
56
15
152
U
54
13,120
3
64
52
21
-45
36
40
65
25 '
95 ;
19 ;
399
1.1-IS
2,149
1.119
135
1.341
680
3.711.
14
1.070 ;
S54 !
sou :
772 :
980
462
67">
.168
917
926
283
542
521
760
804
37 '
198
:
.
3
12..JS7
2. 720
;
JJ1
2
:
4.75
5,592 :
2,200 .
164
7
163
1.961 ;
1,1.11
1.447 !
198 \
20 !
23 i
418
1,513
243 I
649 i
1,486 :
1,023 ;
61
20 i.
114 j
158
2.202
142 I
118 j
2.109 ;
545 i
1.S69
2.075
177
1'.
6
13 ;.
30 ;
2
1
2
421
2, 189
1. 423
998
271
12
15
1.657
2.953
to
TABLE N O . 44.—Condition of foreign branches of National City Bank, New York, N. Y.} and First National Bank, Boston, Mass., June 30,
to
1923—Continued.
Or
LIABILITIES—Continued.
[In thousands of dollars,]
Profits,
Country and city.
Capital.
including
amount
reserved
for taxes
and interest
accrued.
Due to
home
Due to
branches.
office.
Due to
other
banks.
Individual
deposits.
Rediscounts.
Letters of
credit and Acceptances
acceptances executed
executed
by report- by other
banks.
ing bank.
W
IS
hi
o
Other
liabilities.
NATIONAL CITY BANK, NEW YORK, N. Y.—Contd.
Porto Rieo:
Ponce
San Juan
England:
London
France:
Paris
Italy:
Genoa
Peru:
Lima.. . . .
Uruguay:
Montevideo
Venezuela:
Caracas
o
121
1
51
14
2GS
708
3 655
2
10
13
39
4,893
471
2,438
8,249
15,537
2,059
2.220
147
fi, 778
50
3,359
1,428
3 r 3S0
2 7,881
1,000
13
433
889
880
7GB
'no
9
2
735
515
1 60(>
70
230
1,29S
75
2.571
14
2,045
181
124
27, W 7
* 95. 528
28. 503
3.084
117
7,836
164
3,885
lti
c
H
p
1S.77S
39
Total
p
4. 730
1,51S
29,301
2,000
193
2,9O.">
2:>. K72
1
88
439
22
53
211
55
410
], 432
4
701
1
FIRST NATIONAL BANK OF BOSTON, MASS.
Argentina:
Buenos Aires
1
Includes $9,000 United States deposits.
10,S34
2
19,981
* Includes bills payable.
2
KJ-2PO15T O F T I C K
C O M PTttOTJJ'.l!
OKTIIK
257
iTHUIvNTCY.
TABLE NO. 45.
Xu tuber, cajnt'il stock paid in, circulation oufxlan-d-ing, and aggregate otittets of national banks at date of each report from January IS, 191//., to
September .14, ./'AA>\ together with the total amount of money in the Irniled $ tat ex
on June HO of each year, and the percentage of national-bank circulation to capital^
to assets, and to money in the country.
[ For prior yoars see annual ropon M?2'.».|
f Amounts in millions of dollars.]
7,493
7,493
7,525
7,53S
7,571
7 5.x i.
-
1,057.0
1,056. I
l,05X. !
1,060. 3
1.003. I
1,065.')
725.3
720. 6
722.5
91*. 2
1,018. 1
sis. s
11,482.2
11,483.5
11,492. 4
11,357.0
j 7.599
7.604
7.605
7,613
7,617
7,607
Dafo.
Paid-in
capital.
j 1,066.5
j 1.065.8
1,068.5
! I, 06X. 8
i J.068.6
' 1,068.0
7 H>. 5
727.7
722. 7
7IS. 4
713.4
713.3
11,566.8
11,842.3
11,795.6
12.267.0
13,236.3
13,407. S
13, S3S.fi
14,195.5
13,926. 8
U,461.9
15,56S. S
15.3SS. 2
16,02s. 2
16,202.4
10 290. 1
('ironlation.
JO I I.
J a n . 13
Mar. 4
J u n o 30
Sopl. 12
V
of eireiiialiori to -
Money ,;
Number of
banks.
in j
assets.
11,296.3 ]
11,564.5 !
,
t
rniiod j
I
Money
Slates. ! Capital. I Assets, in United
!
I
! Whites.
!
6S. 4
67.9
6*. 1.
86. 6
95. 6
79. 6
6.4
6'
i
6.3
S 0
88
7 4
69.9
68. 2
67.6
67. 2
60. 8
(56. 8
64
6 1
6. I
5S
5. 4
5. 3
65. 2
63. 9
63. 4
63. 1
62. I
62. 2
3,73V 3 j
50
4 8
4.9
4 7
4.3
4 3
15.1
41
4.0
4.1
4 0
3 6
3 6
12.2
10.1
19.3
19!.").
Mar. 4
May 1.
Sept. 2
Nov. 10
Doc. 31
Mar. 7
Mar 1
June 30
Sept.12
Nov. 17
Doc. 27
Mar. 5
May .1
.June 20
Sept.11
Nov. 20
Doc. 31
3,9s9.5
1910.
7.5NO i
1,067.2
IS. I
7 , 5 84
I \ 070. 8
695. S
682. 2
676 I
674 1
665. 2
666. 4
7,5X1
7, 589
7\ 6()-">
7, 63s
7. 050
7. 662
1,073.9
1.079. 7
1,0*2.8
1 (KM1-. 3
1,09?. 2
.1 091'. 6
661. 1
656. I
660. 4
665. 6
669. 7
674.3
JS51X.7 |
61.6
60. 8
61.0
61.0
61.3
61.7
7, 670
7, Ovs
7, 70")
7, 72S
7, 754
7,767
1,094.3
1,090.9
I, 101.9
!, ! 07. 8
1, 10J. 7
672.
0X0.
OS].
671.
6/5.
676.
IS, 436. 4
IS, 719.1
IS,354.9
IX. 610. 7
20,450.6
20,544.2
61.4
62. 0
62. 0
61.2
61.0
61.0
3.6
3 6
3.7
3 6
3. 3
3.3
7.761
7,773
7, 7Sf>
7.N21
7. X65
7,890
!. 100. 6
1,111.5
!,.M8.6
J. IT:S.O
1,1.\3. 8
lliS3
673. 9
070. 9
677. 2
6s 1.6
080. 9
0S5. S
20, 100. 7 : .
21, 173.2 !
21.234.9
2:\ 050. 3
2'{, 125.5
23.084.9
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
S, 130
1,182.1
1,214.8
1,221.2
1,218.3
i, 219. 9
1,272.3
687.
fiss.
6SS.
693.
697.
693.
6
5
2
3
9
9
22,959. 0
2i, 252. 9
23,411.3
23,175.8
23,535. 1
22, 799. 4
7, SOI. 5 I
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, lot
8,15.-)
8,169
1,273.2
1.271. 4
1,273.9
1,276.2
084. 4
679. 6
704.1
701,7
717.5
21,451.7
20, 560.3
20,517.9
19,719.2
19,943.7
8,096.0 I
53. 8
53. 5
55.3
55. 2
55.9
3.2
3.3
3.4
3.0
30
8.7
55.
55.
55.
55.
55.
8
6
5
6
0
3,0
3 6
8,177. 5" I
r r>
8.9
55. 2
54. 2
54.9
3.4
33
\A
84
.
7,57* ' 1,007. 4
1.066. 0
7, 579
7^5X9
i ; or>7 5
1.071 1
.
7'.r>st
1917.
Mar. 4
May 10
June 29
A n jr. 3 1 . . .
Nov. 1
I, OO.'H. 5
2
4
6
2
7
8
1919.
"Mar.
May 1 2 . . . ,
30
] , 12
Nov. 17
Doe. 31
1920.
Fob.
May
.lime 30
Sept.
Nov.
Doe.
29 1921.
Fob. 21
Apr.2S
Juno 30
Nopr.tf
Dec. 31
1922.
Mar. 10
May 5
June 30
• Sept.!.-)
Doc. 29
1923.
Apr. 3.
Juno 30..
Sopt. 11.
5, iOS. () j
0,741.0 ;
!
K, 197
8,230
8,219
S, 210
8,22.">
1.296. 2
1,307.2
1,307.1
1,317.0
719.6
721.0
725. 7
726. S
723. 8
19,850.4
20,176.6
20,706. 0
20,926.1
21,975. 0
8,229
8.241
8,239
1. 310-1
1,328.9
1,332.4
72S. 1
720.0
731.5
21.612.7 j
21.511.8 ! s.603.7
21.712.9 j . . . .
' 5
{
33
258
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 46.—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^4, 1923.
[In thousands of dollars.]
Other
New York New York reserve city
,32 banks).i and Chicago banks (374
(45 banks). banks).
Country
banks
(7,820
banks).
Aggregate
'(8,239
banks).
RESOURCES.
Loans and discounts (including rediscounts)
1,821,608
O verdraf ts
436
Customer's liability account of acceptances.
75,061
United States Government securities owned.
480,276
Other bonds, stocks, securities, etc
232,8G7
Ranking house, furniture, and fixtures
35,625
Other real estate owned
009
Lawful reserve with Federal reserve banks.
270,378
Items with Federal reserve banks in process
70, 720
of collection
Cash in vault
27,719
Amount duo from national banks
9,177
Amount due from State banks, bankers, and
trust companies in the United States
8,087
303,528
Exchanges for clearing houses
18,109
Checks on other banks in the same place...
Outside checks and other cash items
9, 722
Redemption fund and due from United
1,944
States Treasurer
Other assets
82,896
Total.
3,448, 762
2,418,501
500
87, 549
557, 578
270, 750
49,972
683
357,303
3,778,082
2,433
62, 985
765, 587
505,182
162,869
20,466
377,162
5,737,973
10,017
2, 951
1,279,597
291,890
65,263
434,880
J 1.934.556
12'950
153,485
2,602,762
2,398,304
504,731
83,412
1,169,345
97,597
44,337
65,535
297,379
91,128
319,276
68,480
226,020
575,958
463,456
361,485
900, 769
32,174
334,007
19,414
.12,326
159,506
124,978
12,658
29,215
101,294
22,600
17,488
17,865
292,974
481,585
49,560
59,406
2,078
87,149
9,276
39,811
25,580
17,109
36,934
144,162
4,437,453 : 0, 75S, 026
10,517,397
21,712,876
1,622,372
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 checks 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 rediscouiitcd
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.
162,808
223, 794
215,178
206,479
3S9,728
297,605
727,488
504,236
1,332,394
1,068,320
96,781
38,121
121,808
40,791
229,878
349,014
152,850
184,152
9,321
470,634
218,352
50o, 530
20,412
85,456
523,010
V3l,479
29, 703
905,104
433,030
.100,778
72,693
1,587,230
264,384
11,675
601,116
104,228
78,216
2,070,152
295,663
14,922
683,391
15,184
48,806
3,017,339
993,741
56,459
226,066
11,135
40,135
4,213,877
3,574,965
1,510,573
130,547
167, 157
9,331,368
4,864,369
30,208
101,649
2,478
3,478
21,480
12,025
36,983
1,335
2,750
147,151
154,068
352,995
400,799
274
7,503
2,411
145,786
18,897
51,430
1,415
69,117
58,261
85,767
67,851
2, 725
5,344
120,077
178,880
1,885
69,510
10,126
14,767
81,121
11,916
24,379
62,254
6,357
16,468
3,448,762
4,437,453 j 6,758,026
594
10,583
10,517,397 j 21,712,876
i Figures in this column included with New York and Chicago in the next column.
TABLE N O . 47.—Classification of loans by national banks in the central reserve cities (Xew York, Chicago, and St. Louis) and other reserve
cities together with country banks, at date of midsummer call for past six years.
JUXE29, 1918.
j In thousands of dollars.]
On time.
On demand.
I
with;
Num- Paper more
ber of one or
banks. individual;| Secured by
or firm
stocks and
names (not |i I^«HC
bonds,
secured b y j
collateral).!
New York
Chicago
St. Louis
Other reserve cit y banks
Country b a n k s . . '
Secured by
I other personalsecuritics, includ• ing mer; chandise,
i warehouse
receipts,
etc.
1
Secured by \
real estalo '••
j mortgage :
j mortgages ficured by
improved
Accepty
h
: Secured by ;; or other real estate
ances of
Paper with
Accept. other per- j liens on . under aureporting
one or more
sonalsecuriances of
sonalsecuri-' really not,
of
banks
individual jj Secured by t i i l d j i accord* , thorityFed-j other banks purchased
ties,includ-j in
d
'j discounted,
or linn j stocks and ing mcr- | anee with ;-scc. 24,
• oral reserve
or disnames (not j bonds. | chandise, jsec.24, Fed- : act, as
Fed
counted.
secured b I
ed by
areho
al
; warehouse | oral reserve , amended.
collateral).
receipts, j act, as
cic.
: amended.
1,074,907 j
286,561 1
71,807 i
1,564,326 i
2,299,595 |
398,154
78,907
14,485
36,093
4,422
20,870
1,829
111
16,915
9,505
2,219,496
521,070
130.305
3, i28,294
4,130,611
85,031
115,1S2 ;
49,239
10,135,812
1 383 i
19,175 |
09,650 |
7,304
85,011
78 830
559
0,871
58,701.
5,888
22 119
2,387
737
21,507
9,937
2,424,718
533,095
154,904
3,421,041
4,470,388
91,007 |
92,315
150, S49
56,747
11,010,200
50,748
1,573
897
58,902
34,718
5,928
432
190
7,223
8,487
22,200
2,744,244
732,200
211 198
4,170,940
5,752,768
i
49
!
23
!
0
; 354
; 7,273
445,930
46,440
IS, 242
383,441
256,014
| 7,705
020,765
1,150,073 ;
31
Total
25,224
25,508
9,033
20!»f9fi4
353,436
9
7
303
7,375
36,160
34,611
7,989
182,702
330,092
454,928
78,373
29,002
439,337
305,547
S \ 455
32, mi
0,471
102,593
87,130
954 023
250,241
67,587
1,532,805
2,446,668
7,785
597,560
1,307,787
317,280
5,251,324
:
;
31
9
!
5
373
; 7,012
33,030
34,298
14 C.81
195,850
429,304
355,335
80,920
23,481
411,073
385,109
88,804
53.9<:.O
9', 202
132,508
107,077
1,590,502
3S8,423
103,020
2,2(50,187
3,202,839
429,7%
90,033
30,879
047,323
051,275
188,104
73,192
22,097
429,440
070,623
1,871
(05
151
17,805
73,495
i 8,030
707,229
1,201,984
392,277
7,604,971
1,855,906
1,390,122
93,927
58,516
32,558
8,070
115,281
85; 787
92,463
40,473
13,492
305,920
501,550
1,010 !
1,077 !
462 |
19,790
77,141.
8,328
77,303
959,904 |
99,480 j
079,807
85,910
23,829
744,110
596,882
109.605
47.013
10,495
312,747
533,583
2,1.30,598
1,01.4,073
170,630
405,858
300,212 j 5,297,256 j 1,428,094
Total.
!
i
102,404
1,663
JUNK 30, 1919.
New York
Chicago
St. Louis
Other reserve city banks
Country banks..1
....
Total
7°5
734
J U N E 30, 1920.
New York
(Chicago
St. Louis
Other reserve city banks
Country banks
Total
vii'i"
. .. .....
123^121
135,902
146,838
13,011,410
tf
TABLE N O . 47.—Classification of loans by national banks in the central reserve cities (New York, Chicago, and St. Louis) and other reserve to
cities together with country banks, at date of midsummer call for past six years—Continued.
o
JUNE 30, 1921.
[In thousands of dollarsf]
ft
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, Federal re24, Federal reserve act, as
Secured
Paper
serve act, as
amended.
by other Paper
Secured
with
amended.
personal with
by other
one or
securipersonal
Num- more
one or
securities
ber of individ- Secured ties, inmore
For debts preual or by stocks cluding individual |• Secured including
banks.
by stocks merchanAll other real
viously conmerfirm
or firm • and
and
tracted (sec.
estate loans.
channames
dise,
names
bonds.
bonds.
5137 U.S.R.S.).
dise,
(not seware(not
Farm Other
ware- curedsecured
house
real
by
house
by
receipts, lands. estate.
receipts, collateral).
coletc.
Farm Other Farm Other
etc.
lateral).
real
real
lands. estate. lands. estate.
On demand.
New York
Chicago ..
St. Louis
Other reserve city
banks
Country banks
Total
30
11
5
66,549
31,959
13,070
311,019
82, 617
18,938
108,017
48,591
7,132
374
7,734
179,771
388,355
303,719
374,791
89,088
88,9G(i
8,154
079,704 1,151,114
342,394
1,222,380
311,301
73 982
287,420
176,955
77,100
78,000
21 i 072 17,718
1,880,252 541,201
3,070,529 | 616,200
451
139
60
394,290
652,754
4,939
88,103
7,873
52,151
5,614
54,631
0,504,444 1,548,053 1,320,323
93,042
60,024
60,895
o
Acceptances
of
other
banks
discounted.
n
CusAccept- tomer's
ances liability
of re- on acport ing count
banks
of
pur- drafts
chased paid
or dis- under
count- lett ers
ed.
of
credit.
Total.
c
r
1
1,832
561
20,732
393
924
3,736
2,0S4
1,143
4,008
25
4,888
7,555
22,791
49, (530
4.922
4; f 14
>
3,162 3 . 5 2 3 , ITS
152 ii', 4X4', 9tfl
14,682
94,470
10,429
7,347 |l2,004,filf,
407
341
54
13,529
31,210
539
5,360
45,095
5,899
w
2.202.265
i-»33,156
luO,925
C
C
JUNE 30, 1922.
New York
Chicago
St. Louis
Other reserve city
banks
Country banks
Total
52,635
42, 764
12,736
488,014
92,570
26,375
58,230
33, 514
c; 702
929,342
242,614
66,400
368,111
63,851
29,321
95.994
54,779
15,717
373 169,824
7,827 379,339
438,610
362; 770
93,032 1,660.593
79,075 ! 2,919; 258
461,143
570; 666
322,168
623,776
31
9
9
8,249
657,298 1,408,369
121
207
5,477
96,318
10,835
76,200
270,5.83 j 5,818,207 1,499,092 1,112,434 101,795
87,035
966
251
61
10,581 16,944
89, S75 42,129
100,784 60,351
793 I 41,024 25,856
,
! 730
2,120 I 1,036 481
625 ! 2,800 25,056
5,814 • 9,091 8,060
1,248 I 2,062,21 :
i
38 I 5::i,5<>9
14 i 161,253
3,497
1,710
1,706 3,222,921
117 5,270,228
C,522 ! 14,804 75,906 31,911
3,123 11,248,214
I
o
J U N E 30, 1923.
New York
,
Chicago
Other reserve city
banks.
Country banks
Total
31
12
51,518
31,913
450,671
104,977
\tt, 5S7
857,807
263,669
300, 520
05,839
81,442
40,450
375
7,823
227,879
422,220
48!., 680
425,875
105,479
S2,995
1,930,426
3,124,781
532, 800
620,158
351,899
631,482
8,241
733,536 1,463,203
276,090
6,176,713 ;1, 519,317 L, 111.273
136
1
.118
273
8,508
100,3S4
18, 529
10(i,404
24,381
102,567
17,595
49,159
10S,892
125,070
127,339
67,942
830
95
229
26,210
1,171
3,095
7,298
9,433
13;439
22,388
11,105
5,312
3,415
10,393
23,101
60,874
11,392
1,827,033
54S, 365
1,379
202
3,740,783
5,701,490
2,500 11,817,671
Q
H
NOTE.—St. Louis terminated as a central reserve city and designated other reserve city July 1,1922.
C
c
o
H
c
i
<
to
to
o
to
TABLE NO. 48.—Classification of deposits of national banks at date of each report during year ended September lJj.y 1928.
DECEMBER 29, 1.922.
[In thousands of dollars.]
Demand deposits.
Time deposits.
c
Certificates
Cities, States, and Territories. Individual I of deposit i
deposits due in less
subject
than 30
to check.
days.
New York
Chicago
Central reserve cities...
1,922,197
445,038
Dividends
21,484
5,531
Other
Total.
Certificates State and
of deposit
other
due on or municipal
after 30
deposits.
days.
;
Postal
: Other time savings
; deposits, deposits.
;
34,150
302
48,950
1,430
1,813
34,452
2,307,235
1,980,139
455,7X0
2,441,925
50,3S0
2,593 I
1,392
11(501
283
320,574
38,320
33,893
33,130
382, 405
195,719
80,841
01,043
33,100
o, 520
3S,26 7
.10,170
10,034
25,212
53,130
.13,085
20,883
3,415
49,049
23,139
9,024
2,740
37,950
9,402
21,401
04,753
31,891
45, 754
10,790
0,139
433
359
1,759
2,291
009
835
1,232
270
104
107
2,789
13
1,137
359
.1,307
423
93
1,048
1,151
206
483
7,098
1,580
2,043
1,453
7S0 I
OTHER RESERVE CITIES.
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
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
;
i
323,302
24.391
32, S12
32,024
Hfil, 783
187,857
78, 909
59,857
31,543
.r>,108
37,077
15,387
16,133 .
24,273 i
51,971 i
13,015 i
20,511
3,040
45,503
22,318
8,797
2,634
37,210
7,805
19,849
(Si, 012
24,430
31,305
14,4*0
50
12,203
545
945
3,288
2,521
1,811
812
1,180
273
218
0S5
243
802
883
110
08
8<;5
1,021
i
1,710
500
100
499
2,703
81
050
20
145
2,358
5,5X1 j
1*9,533
33,042
223,175 I
33,083
9,300
457
11,009
22,145
29,850
16,137
24,219
17,524
8,057
10,407
14,514
11,559
8,147
7,099
5,909
3,811
10,184
1,410
2,528
829
10,550
3,341
7,5SS
11,105
IS, 442
5,331.
7, 528
9,827
887
10,714
2 ; 399
11
905
29
690
794
87
020
43
42
13
xo
44
34
XO
13
40
6
25
59
2
13
107
00
5
241
3
Total.
250,123
36,730
2S0,802
41,621
9,801
1,721
15,173
25,120
31,319
17,559
20,177
17,837
8,702
10,527
20,080
11,010
1,252
9,242
8,499
6,517
3,910
17,S57
4,9X4
2,790
i,325
17,701.
4,981
10,230
12.859
241938
7,171
7, Wo
a
o
O
d
to
-j
°
%
^
°
41 518
15,931
10 449
92,282
11,470
49,908
08,311
47,414
1,927
13 207
2 401
8,258
58,888
7 831
128 020
7,077
52,096
3 06 9
o' 870
9,552
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee.
Minneapolis
St Paul
Cedar Rapids
o DubiiQuo
Sioux City
Kansas City Mo
St Foseph
-A s t Louis
Omaha
Ivan^a^ Citv ICans
Topeka
Wichita
Helena
Denver
Pueblo
ATuskofircc
Oklahoma Citv
TiiNa
Seattle
Sookane
Tacom'i
Portland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake Citv
50 073
7 410
1 100
22 351
32,920
40 040
11 540
0 800
30 011
100,402
15 201
155,289
4 245
12,591
310
338
70
2, (J27
223
0,397
1,583
217
073
358
702
4,259
388
1 2°3
99
1,257
3 372
1,553
3,577
3,093
4,953
2,133
71
1 254
101
30
906
222
00
127
3
715
150
•JO
188
1
5
f-
1,143
1,050
1?
314
17
24
24
308
4
30
31
7
219
.118
887
2
32
115
449
1,457
50
2,157
532
370
2,195
133
704
3,483
4,143
9, 850
1 171
9 43
3 927
9, OSS
1,275
5,455
210
1.392
')
851
97
458
1*0
130
774
1,299
008
24
19
41
29
252
38
1
17
187
I
45 202
17,8(13
10 ;>43
9S,70S
1!,759
79,820
51,172
5,403
15' 135
'> 988
9,000
CiS, 11-i
8,220
.129,409
S,319
55.443
5 578
7 584
11,292
3 132
52,782
7 095
20,0 49
38,39S
57,357
395
315
5,058
3,312
0,303
4, 050
8.200
730
295
41.0
.—-
787
1,987
0.30S
!' 140
5,019
145
3,800
350
000
232
"' 357
2,770
! °35
1 900
'> 425
3,017
2,792
3 232
201
750
2,312
' 304
0,204
203
1,012
1.0*2
31j311
5,073
12,034
7,550
:I7,9O7
30,039
11,094
3,538
2 927
1 870
4,920
2,488
4,529
33,724
881
0,075
414
91
1,952
1 083
37,104
J 180
2,049
7,928
0,095
24,092
S 931
4,083
117
377
954
634
137
IS
503
23
257
US
248
3
35
i
73
353
s
103
7
131
114
22
119
104
113
11
2,327
4,208
32,424
8,049
18,255
10,921
2 4,407
35,253
20,202
4 >)77
3'557
2,001
<i,9S0
9,209
<">,083
39,530
1.033
10;950
1 194
' 348
4, SB7
H^
! 440
40,170
J^
P
4 333
11,420
9', 7<i()
29', 211
12' ''05
5,05->
^3
H
z^
bi
L
E
2S 49S
3 101
."VSl
'* 0 1 3
H-I
_
'£
^
5
£
C
^
Jj
K
fr
2
is
v> 7(>o
7, 805
40 495
111,195
10,028
103,310
4,987
11,370
5S
41,043
4,259
39,750
1,29S
4 0/O
Total othcrreserveeities.
2,755.201
49.09S
i24.K00
12,471
2,520
9,531
2,953.0S7
127,308
19,119
704,971
14,215
805,013
K
Total sill reservecitits...
5,122,490
70,113
130,317
12,851
3, 852
43,9s3
fi, 305,012
177,OSS
21,712
928,140
24,929
1,152,475
p
30 480
33 090
15 443
191,000
33' 400
113,405
502
I 230
305
2,973
" 0 41
3 207
54
15
10
1 934
' 04
53
1,214
33 039
71
073
1 0*5
73s
4,342
1 131
2. I Ml
S2
214
102
32
57 735
7,099
21,9S0
!25.535
10 0S'>
41,099
^
r
J^
157
077
s'39s
22 S2O
130^7^7
11.37:'
43.905
203.530
2.050
275.773
*-<
01
30
24.0
42
•
127
12
708
104
440
250
3S, 330
3,370
32,031
1.03 4
3,000
237
85
005
I
O
*:
^<
COIXTRY BANKS.
Maine
"New Hampshire
Vermont
Massachusetts
R h o d e Island
Coiinocticiit
Total
New
England
30
40
179
01
Us
219
11
35,007
15,882
195,413
30 042
110,912
Mi
•YV2,295
10,101
32
= = = = =
MS
03
T A B L E N O . 48.—Classification oj deposits of 'national bank* at date of each report during year ended Septnnhc-r 7.f,
199.3—Continued.
OS
D E C E M B E R 2<). 1922—Ton t i n nod.
[In t h o u s a n d s or dollars.]
Demand deposits.
Certificates
Cities, States, and Territories. Individual of deposit State and
deposits due in less
other
subject
than 30 municipal
to check.
deposits.
days.
Time deposits.
Deposits ]
;
30 days.
Other
demand
deposits.
Total.
Certificates state and
of deposit
other
due on or municipal Other time
deposits.
after 30
deposits.
days.
d
o
w
Postal
savings
deposits.
Total.
COUNTRY BANES—continued.
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States...
Virginia
West Virginia
North Carolina...,
South Carolina
Georgia
Florida
Alabama
„
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
I
i
!
Total Southern States.. |
295,8S6
276,743
426,573
8,647
21,748
7,623
6,859
13,332
22,057
5")1
8,329
10,711
14,139
171
27,985
1,464
32,401
46
24,910
89,340
70,327
66,190
28,641
32,196
31, 296
52,055
20,101
3fl, 353
214,155
30,791
76,832
47,773
5,675
2,136
1,007
352
1,983
1,565
1,584
1,835
2,140
7,643
4,089
1,918
1,347
231
65
S08, 056 |
33, 874
2,220
1,593
1,064
319
806
5,684
755
2,919
3,515
14,155
700
192
49
S3,971
190,170
113,372
180,074
55,204
06, 870
«9,759
77,294
30,2.37
15,590
10,449
10,057
3,957
5,007
10,357
10,605
2,625
22,814
7,5H7
5,737
3,978
2,748
4,638
1,286
910
1,029,597
-
14
36
21
259
21
405
186
564
7
9
1,171
-44
31
51
27
27
40
46
25
35
102
U
23
36
90
14,181
328,230
295,316
474,517
8,654
23,528
1.130,245
386
229
53
31
80
29
3
110
44
445
1,208
1,163
13
97,902
74,381
68,365
29,370
35,128
38,614
54,443
31,011
42,087
236, 759
43,420
80,128
49,218
2,245
266
11,580
3,794 |
633
880,826
180
653
1,088
169 !
59 |
216
508
37
229,106
132,433
203,762
63,364
74,897
85,003
89,836
39,862
39,510
3,639
108,252
359
2,906
154,666
5,105
63
7,086
26,733
18,752
21,547
6,575
7,556
3.31K
4.120
6 , 252
'
1,938
13,130
3,684
19,168
18,772
151,545
1,756
221
106
354
1,049
3S3
204
992
4,271
90
45
479
10,939
53,562
•tf, 026
5'J, S91
21,189
40,034
83,609
65,S72
3 990
298
3,333
70S
131
753
289
7i
298,375
212,494
463,023
4,853
48,163
1,026,908
59,585
41.755
23,416
28,331
13,155
20,429
17,560
5,348
9,193
14,367
9,338
13,749
21,251
277,477
-.
Ohio
Indiana
Illinois
Michigan...
Wisconsin..
Minnesota..
Iowa
Missouri...
252
323
80
'fin'
77
37
100
69
126
56
94
6
60
16
9yi9
• • ••
908
1,237
3,308
74
5,535 j
110
126
1,017
17
34
264
46
29
18
213
65
343,898
217,370
576,501
5,286
51,140
1,104,195
87.417
62,389
46,201
35', 029
21, (KW
25, OfiO
22,109
11,833
12,141
:u,9si
13,177
32,989
40,f)16
441,941
—
95,847
45,201
93.269
86;423
59,665
45,658
29,187
5,401
X2,905
157.450
109,212
100,853
130,241
95,497
15,433
~
Total Middle Western
States
North Dakota..
South Dakota
Nebraska
Kansas..
Montana.
Wyoming
Colorado'.
New Mexico
Oklahoma
788,980
533
2,910
9 is,203
371,102
9.573
400,051
4,201
815,527
11
24
40
122
22
3
150
124
237
201
248
44
102
5L
402
31,624
29,6S9
40,880
91,370
39,450
29,309
50,817
19,523
129,327
31,232
20,374
28,127
25.335
10,203
7, 253
12,822
5,542
22,030
409
170
200
77
54
172
103
542
1,852
8,110
6,098
2,971
0,792
9,450
8,437
12,601
1,995
10,312
14
12
20
113
450
76
340
30
218
39,705
33,254
3l,31S
32,317
20.223
15' 938
197
14
22
3
43
23
23
13
3
44
4-4,925
43,375
419
188
1,550
462,001
174,978
3,639
67,372
1,279
247,2KS
2,292
3.084
0^291
1 998
'1S9
403
351
0,908
7,280
18,173
0,841
1,037
435
2,131
20
10
07
34
228
719
27
1?
13
44
42,098
44,217
108,452
32,105
4 217
7 0S0
14,602
7,302
7,200
10,598
0.009
789
502
1,748
.131
120
913
414
203
815
221
278
460
19
75
95
SI,ISO
17,030
83,2eli
13,352
3,445
1,481
22,872
10,0S3
71,407
0,803
2,434
3, 384
4,560
253,182
15,208
42,871
1,079
312,777
33,814
3,298
121,003
1,909
160,744
1,198
1,722
Total Pacific States
Alaska (nonmember banks)..
Hawaii (nonmember banks)..
909
1,794
2,118
1,508
0,714
7,530
3,589
2,272
2,933
14,911
32,784
32,965
143,073
23,152
2.972
0 164
12,072
Total Western States...
Washington.
Oregon.".
California
Idaho
Utah. .
Nevada
Arizona
Alaska (member banks)
49,078
4.563
4,054
7,019
9,422
3,258
2,100
4, 805
2,244
0,800
371,535
. . . .
75,247
25,002
22.747
82.073
74', 874
28,369
23,490
43,025
14,292
100.973
.. .
21
IS
11
994
2
10
1,232
2', 744
81
64
311
231
125
1
517
290
33
129
87
K
4
258
119
25,92M
8,115
34,412
•V c>»;i
7,881
2,920
39
1,005
12
3,976
145
542
126
813
Total country banks
3,071, S20
208,262
20b,419
27,175
2,728
20,979
4,140,383
890,411
34,567
2,218,143
17,140
3,160,201
Total United States
8,794,310
284,375
339,736
40,020
0,580
70,962
9,535,995
1,074,099
50,279
3,140,289
42,0G9
4,318,736
530
250.7S4
37; GOO
Total (nonmember banks)
A P R I L 3, 1923.
New York
Chicago
1 1,557,837
•
410,091
i
Central reserve cities... J 1,967,928
OTHER RESERVE CITIES.
14,229
3,869
s.217 i
3j 901 i
18,098
12,121
706
43
93
12J
2,569
50
24,308
612
1,743
4,062 ;
767
2,32S
827
22,523
201
1,605,901
418,892
50,612
1,752
2,063
750
188,579 i
34,442 I
767
3,155
22,724
2,024,793
52.364
2, Si?.
223,021 1
10,486 j
288,684
|
Boston
Albany
Brooklyn and Bronx.
Buffalo
Philadelphia
K;
307,115
21,982
33,659
29,02a
342; 828
9,598 j
512
20
19
35
25
3,180
4,030
231 !
312
312,254
50,443
34,614
30,924
359,394
4 427
•107
475
1,930
2,132
2.005
41, 193
9,299
961
17.947
29,981
j
'
i
!
3, 178
14
1, 030
33
6SS
48,798
9, 780
2,466
21,915
32,801
!>£>
0
en
TABLE N O . 48.—Classification of deposits of national banks at date of each report during year ended September 14, 1023—Continued.
APRIL 3, 1923—Continued.
[In thousands of dollars.]
Time deposits.
Demand deposits.
Cities, States, and Territories. Individual
deposits
subject
to chock.
Certificates!
of deposit
due in less
t h a n 30
days.
Total.
Certificates State and
Postal
of deposit
other
due on or municipal Other time savings
deposits. deposits.
after 30
deposits.
days.
Total.
OTHER RESERVE CITIES—COn.
Pittsburgh
Baltimore
Washington
Richmond
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Rock
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit
Gr.and Rapids
Milwaukee
Minneapolis
St. Paul
Cedar R a p i d s
.
i
:
:
212,999
74,418
62,224
29.J 82
28,890
16,235 !
16,358 |
21,884
49,369
13,354
30,93*
3,548
41,571
20,655
7,688
2,793
38,211
8,131
20,168
60,174
22,S74
32,270
13,667
36,912
17,532
10,974
86,107
10,275
51,522
64,119
44,427
4,825
1, 807
43
215
225
988
74
370
43
91
387
263
S3
3,672
622
85
19
349
1,218
44
806
253
893
947
348
360
95
1,503
284
*5,"343"
1,683
214
1,628
3,267
13,512
16,770
3,670
3,9.11
1,486
222,26J
76,841
64,204
30,972
30,107
18,374
16,772
23,373
55,624
14,073
31,251
3,933
45,272
22,518
9, S14
2,897
38,827
9,349
21,883
64,303
36,854
49,959
18,285
41,243
19,123
11,122
92,939
10,873
55,536
75,128
49,803
5,329
640
8,53
.1,963
239
500
100
2,488
1,119
290
1,545
492
157
1,402
1,170
209
518
7,534
],828
2,662
1,592 i
812 i
2,069 !
387
2,348
2,571
651
2,751
3,121
3,305
6,588
4,785
2.870
'826
25
470
310
1,500
j
!
j
i
2,045
200
6,667
302
31,771
16,370
25,826
18,188
15,008
15,263
12,082
9,344
6,851
5,880
4,044
17,704
1,915
2,838
925
10,381
3,457
7,517
12,933
20,4S7
5,872
7,486
.1,086
33,134
5,108
7,751
7,888
18,188
32,520
11,939
3,796 I
750
77
649
87
.18
95
60
95
S4
10
30
5
28
60
2
9
127
58
21
307
36
197
142
68
158
16
528
14
267
164
216
3
33,161
17,800
28,538
18,514
15,026
21,043
12,145
1,601
12,066
8,406
6,402
4,206
19,134
5,190
3,049
1,452
18,042
5,343
10,200
15,032
28,002
8,138
7,628
3,750
34,413
8,185
12,900
11,207
25,043
37,771
15,025
4,625
to
DesMoincs
Dnbuquo
Sioux City
Kansas City, Mo
St. Joseph...:
St. Louis
Lincoln
Omaha
Kansas City, Kans
Topoka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tnlsa
Seattle.
Spokane
Tacoma
Portland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City
!
j
!
|
I
i
|
!
I
;
;
!
;
:
'
i
'
'
I
'
:
:
14,813 \
2,1S9
0,534
50,587
x, 056
*i8,235
0,110
40,669
3,370
7,289
S, 661
2,535
48,579
9,437
6,526
23,092
38, 930
45,665
10,213
7,784
35,829
105,373
16.540
13S, 302
3,479
12, S07
155 !
411
761
4,553
34S
eii'56
120
1,365
217
375
000
85
370
146
S3
609 j
1,049 i
5
;
uw :
33s;
SM7
216
2,179
525
••
:
2*9 i
COUNTRY RANK?.
Total New
Stales
30,455
29,102
13.347
193; 568
33, 180
113,997
62.233 |
!
I
i
i
413, m
,
Total Eastern States
40 !
904 i
1,294 "
.
1.523 ;.
1,179 .
477 .
768 .
174 .
3,423 .
201 .
971 !
.
5.257 •.
5;652 j.
14
35 i
6 ,
25 j
09 I
"3*611 i!
3,236 '.
5,630 i
.
11,310 =
.
875 .
.
9,384 i
293 i
.
1,017 :
.
24
8
131
6
78
8
4
1 i
36
1,647
200,821 •
113
16
.152
12,414 I
23
8
175
31
7
51
1,064
IS
100
13,834
36,
m
10,563
3,040
10,330
65,201
«,412
119,043
10,555
49,654
4,774
8,145
10,344
2,794
52,440
0.7S.4
7,603
28,972
45,684
59,506
if, iol
11', 1 ss
11,8*6
118,747
17,665
150,153
4,297
14,214
2.0-12, 826
763
1,148
2.116
1,93-:)
1 I"9
5 618
192
•1,065
6-0
235
3.100
' 384
2,750
1,206
1' 009
2,781
3,844
2,706
:V. 664
317
043
3,459
386
5,707
413
2,319
3.002
3,159
5,489
2,478
4,496
34.465
' 905
7,416
'441
91
1,960
1,143
35,610
1,344
2,442
8,332
6,665
24,121
x,724
5,261.
27,573
38,829
3,879
33,2^4
1,096
3,265
1,095
472
378
521
932
200
100
975
59
3
70
374
S
171
6
113
118
47
20
4
160
98
8
181
13
2,425
33
777
381
J90
68
703
11
65
3,824
4,310
7,675
4.782
5,643
40,254
1,103
13,589
1,208
373
5,080
1,531
38,992
2,648
4,827
11,815
11, 454
20, 252
12,421
6,355
2S, 897
42,478
4,533
39,794
1,520
6,624
738,403
15,430
25,016
144
270
86
870
173
708
65.040
11,17*
24,370
145,238
12,156
47,471
7.186
284,427
2,2oO
205,331
2<)8,934
43»), 803
8,026 !
-!,7:i7 I
305,453
43,139
3,709
110,7<;i
201 ;.
2,911 ;
3.842
' 100
5,035
320,607
234,302
•101,736
5,320
50,330
840
1,171
3. 175
76
9
3t;8,527
239,372
1)11,307
5,597
53,379
UiO,811 i
9,70(>
1, 102,385
5,280
1,27S,1S2
H
ft
C
H
C
1.188,463
59,704
9,660
23,332
136,583
10,729
44,419
*r
809,779
961,424
C
121,926 I
~4~ 967,619
0
534
1,150
371
-5, 300
1,037
;, 141
1 ....
71
4S .
England
New York
New Jersey
Pennsylvania.
Delaware..
Maryland.
.
.
..
:
I
i
Maine
New H a m p s h i r e . . .
Vermont
Massachusetts
Rhode I s l a n d . . . . . .
Connecticut
!
188,700 j
Total other reservecii-ies. | 2,681,606 ;
Total all reserve cities...! 4,640,534 i
1,5*7
440
29
979
11,1)23
:
125
54
30
163
31,03')
30,341
1-4,288
108.057
#>i 282
117,410
102
1, 531
427,414
M0
233
J5li
10
8
1. S05
200
11, 506
3
331,601
2S7.904
4S5', 198
s; 036
24,664
717 I
13,604
1.137,493
10
20
10
218
3-"
109
32 i
68 !
489 i
779 !
893
1,239
952
4.898 •
1,'254 .
2,3-14
11,580
4.299 i
l
2.8S7 i
'. . '•
n
1
TABLE NO. 48.—Classification of deposits of national banks at date of each report during year ended September Uh 1923—Continued.
to
OO
APRIL 3, 1023—Continued.
[In thousands of dollars.]
Time deposits.
Demand deposits.
o
Cities, States, and Territories. Individual Certificates State and Deposits
subject
of deposit
other
deposits due in less
to notice Dividends
subject
than 30 municipal of less than unpaid.
deposits.
to check.
30 days.
days.
Other
demand
deposits.
Total.
Certificates
of deposit-
State and
Postal
other
due on or municipal Other time savings
deposits. deposits.
after 30
deposits.
days.
Total.
s
o
H
COUNTRY BANKS—continued.
Virginia
West Virginia
North Carolina..
South Carolina
Georgia
Florida....
Alabama.
Mississippi.
Louisiana.
Texas.. . .
Arkansas
Kentucky
Tennessee
. .
Total Middle Western
States
North Dakota:.
South Dakota
Nebraska,....
T&vnsas
94,945
80,076
66,823
38,335
34,180
48,342
53,285
31,590
39,390
228,599
44,242
85,010
49,360
30,302
20,214
22,064
9,246
9,161
4,105
5,344
6,738
2,132
16,047
4,874
21,698
20,440
1,985
1,059
197
522
271
1,344
342
1,552
770
6,408
63
95
12
62,748
44,108
26,380
37,242
14,580
23,015
19,855
4,322
10,315
15,970
9,660
16,578
22,706
108
161
81
90
33
326
43
38
96
209
83
29
14
95,143
65,542
48,722
47,100
24,045
28,790
25,584
12,650
13,343
38,094
14, 680
38, 400
43,172
1,501
496
3,067
894,177
172,365
14,020
307,509
1,371
495, 305
281
390
135
1,358
101
37
53
510
112
81
132
78
55
19
3
499
6S2
1,494
305
23
310
547
42
230,352
127,821
217,694
78,734
88,095
83. 223
106, 287
41,314
53,729
37,563
61,610
19,801
41,742
89,367
70,978
10.449
0,113
186
3,129
1,919
255
658
59
109
98,160
45,862
97,544
91,040
62,542
48,913
31,515
5,963
534
359
841
412
142
197
754
40
158,530
83,970
163,124
113.172
104, 0S1
139.135
103,300
16,. 561
70,390
2,865
535
3,998
979.520
385,239
12,428
481,539
3.279
882,485
3,002
3,099
1.537
5,137
15
8
122
145
16
13
81
107
324
105
32,050
31.072
44,119
87,005
33,732
27.831
30.375
26,566
587
350
88
103
25
17
22
116
. ...
42,495
35.363
33.74€
33,9%
6,076
2,249
1,378
748
1,932
1,919
1,382
1,350
2,012
6.766
4,918
1,815
1,133
2,152
1,929
3,208
233
514
6,258
1,031
5,472
4,068
20,521
764
138
285
808,862
33,678
46,573
192,412
110,067
195.622
62,322
75,826
66,497
90,380
35,751
Total Southern States..
Ohio
Indiana
Illinois
Michigan..
Wisconsin...
Minnesota .
Iowa
.
Missouri
42
69
135
275
128
49
59
14
36
22
216
478
1,392
80
183
86,370
75,460
62.084
36,548
31,639
40,138
50, 808
24,503
33,049
200,518
37,120
82,935
47; 690
15.263
9,464
14,509
5,153
5,071
9.656
10.914
2,825
27,785
7.137
5.802
9,458
7,019
6,668
4.338
2,183
828,877
72,855
24,820
23,698
35.215
72,454
4.050
4.687
6,916
9,147
193
77
743
6
241
216
25
19
86
25
14
30
13
28
2
45
100
23
00
0
17 i
8,161
7,105
3,261
7,214 !
o
w
3
Montana
Wyoming..
Colorado
New Mexico
Oklahoma
25,815
22,557
43,532
12,832
109,555
1
260
97
12
1
227
77
265
33,905
2S.670
51,943
18,663
136,596
10,777
7.668
1^572
5,921
25,929
314
597
2,212
73
338
10,193
8,624
13,692
2,181
11,000
635
145
331
26
175
27,678
16,778
27,909
8,725
39,316
74
1,603
465,289
188,371
4,662
71,491
1,485
266,009
14
26
72
2
11
1
9
33
235
822
13
129
13
43
49,425
487
86
160,246
26.413
3,246
6,223
14,999
7,834
7,989
9,714
5,819
711
238
290
598
32
114
132
32,332
18,902
81,767
13,782
3, 801
4,100
7,875
135
1,288
5
2,053
1,713
4.483
2,131
5,983
5,236
3,944
3,574
3,622
20,589
41,769
50,400
32,806
32,343
130,020
19,609
2,261
5,436
12,979
1,910
3,587
4,977
1,802
14,662
8,417
18,208
4,930
63
321
315
1,653
241,454
12,975
49,104
is
10
23
692
1
28
715
5
3,934
154
633
113
900
Total country banks... ; 3,698,337 !
202,550
254,016
30,647
2,359
25,096
4,213,005
952,858
52., 108
2,370,878
15,909
3,391,753
264,783
454,837
43,061
8,418
61,654
9,180,624
1,127,148
78,941
3,332,302
41,825
4,580,216
1,647,940
456,992
41,372
1,778
1,438
800
192,753
28,754
10,191
981
245,754
32,313
370,478
Total Western States...
Washington..
Oregon..
California - Idaho.
Utah..
Nevada.
Arizona
Total Pacific States
Alaska (nonmember banks) !
Hawaii (nonmember banks).. !
T o t a l (nonmember
banks)
1 145
2,041
3*M
115
195
18
147
57
782
452
222
i
3,186
9
965
i
1,542
142
10
1,374
23,300
10,589
70.561
7,154
2,706
3,757
4,827
305,178
34,338
3,506
122,894
2,121
162,859
1,191
2,743
82
72
357
27(5
112
1
051
349
44,626
921
519
1,196
211
i
Total United States....
8,347,871
O
2
JUNE 30, 1923.
New York.
Chicago
Central reserve cities.
1,578,257
'428,504
2,000,761
12,736
4,987
17,723 |
8,704
21,220
368
4,905 |
1,995 i
42,970
'286
2
j-3
29,924
368
6,900 i
43,256
2,104,932
43,150
50!
10,757 '
567
2, (M0
2,864 j
2,960
2,530 •
1,382
3; 142
153
1,786
17
410
4,646
406
1,138 i
42 !
66 !
70 !
604 !
508 '
478 !I
236
185 i
159 I
34 !
5,144
13,492
238
5
677
3,536
4
183
68
IS
01
381,659
51,744
34,299
39,006
376,262
223,643
82,253
58,420
30,855
28,285
17,238
16,547
21,929
52,031
7,277
447
429
1,881
1,578
636
778
1,860
299
2,238
221,507
11,172
278,067
67,477
8,948
784
IS,336
32,493
33,600
15,648
24,831
18,652
16,063
15,525
12,880
3,782
16
1,077
37
1,200
710
73
4S1
90
17
108
64
62
79
78,536
9,411
2,290
21.LS5
35;271
34,946
17,339
27,772
19,041
16,085
21,29S
12,958
2.10S
II,' 675
OTHER RESERVE CITIES.
Boston
Albany
Brooklyn and Bronx
Buffalo.
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas
373,615
21,426
33,260
36,706
360,869
213,933
79,152
56,185
29,224
27,190
1.5,301
16,081 |
21,337
4C;935
1,306
27
168
185
1,832
1,519
89
434
236
765
56
389
39 •
163 i
9,416
1,1S7
6 0 '•
143
253 i
34 ,
2,935
14
1,092
240
1,231
840
600
2,730
954
1,374 j
9,982
Oi
TABLE N O . 48.—Classification of deposit a of national banks at date of each report durivg year ended September 14, 1023—Continued.
to
J T X i : 3d, H)23--f'ontinupil.
o
[Tn thousands of dollars.]
Demand deposits.
Time deposit?.
Deposits
Cities, States,and Territories. Individual Certificates State and
of deposit
subject
deposits due in less
other
Dividends
to notice
subject
municipal
unpaid.
than 30
to check.
deposits. of less than
days.
30 days.
.
Other
demand
deposits.
Total.
Certificates State and
of deposit
other
due on or municipal Other time
deposits.
after 30
deposits.
days.
Postal
savings
deposits.
H
Total.
H
e
1
OTHER RESERVE CITIES—COM.
El Paso
Fort Worth
(Jalvcston..
Houston
San Antonio
Waco.. .
Little Rock
Louisville
"Yiemphis
Nashville
Cincinnati
Cleveland
Columbus..
Toledo
Indianapolis
Chicago..
Peoria
Detroit
Orand Ranids
Milwaukee
Minneapolis..
St Paul
Cedar Rapids
Des Moincs
Dubiifiue
Sioux Citv
Kansas Citv Mo
St Joseph
St. Louis
Lincoln
Omaha
Kansas Citv*, Kans
12 17")
20 334
2,6s2
43,528
19,231
0,319
3,441
31,830
7 718
10 611
59, 774
21,012
34,028
lt">, 43S
37,967
17,288
10,4*9
01,S03
11 004
49 273
66, 224
42 37S
4 634
13,541
2 352
K, 619
54,724
6,784
112, (KiS
8,411
46,508
3,2.-)4
241
300
108
3 138
473
51
17
438
1 469
23
4 457
476
1,530
60
195
61
1, 890
1,071
11,705
11,170
1 468
5,397
1,8*3
300
5,257
300
2 218
S,341
3 516
105
1,860
292
25
2, S54
369
1,020
125
1,406
184
1,136
1,712
i;S22
1.802
T>47
501
1,3«.)1
693
451
95
I 311
335
f>,829
1 417
' f->25
147
309
662
to
325
1 344
143
12
51
sx
70
50
9
196
69
49
17S
122
74
115
62
46
237
116
40
5
25
160
287
183
24
29
36
67
30
9
276
37
97
13
8
]1
47
]
63
1
s
;;
22f>
m
20
2
26
g"
23
12,784
31,121
2,802
46,725
20,279
7,958
3,527
32.659
9,320
21,620
64,671
36,403
46,734
I S 599
44,062
19,689
10,933
98,608
11,767
51,877
SO,815
47,511
5.134
15,577
3,079
9.375
62,131
7,162
114,508
10,2S5
49,85(5
5,278
1,271
•
591
139
1,210
2,025
2,199 '
183
395
7,499
1,514
2.872
1,742
1,299
1,018
2.138
'720
2,873
3,887
3,487
6.682
5.085
2,935
216
6,223
25
665
50
1,000
400
664
941
1,231
2,302
1.963
1', 132
6,4P8
257
4,94fi
623
200 ;
894 i
o
7.061
7 422
:i,932
18,388
2.156
3,036
987
10,797
3 568
S,253
13,966
21,610
5,649
7,474
1,120
36,011
5,233
11.975
l\ 859
IS.414
32,568
12,078
3,976
3,030
3.462
5,774
3,015
4,769
36.216
3,551
7.560
470
07
4
25
66
2
10
118
53
23
295
36
267
149
105
170
22
581
18
22 \
115
217
4
59
4
58
363
7
172
136
113
8 343
S 043
4.075
19 623
6,446
3,221
1 392
18,414
5 135
11 364
16.003
29', 168
6,931
7.623
3; 388
37', 56!)
8.178
17,443
11 36-<
2">.32O
38,19s
15 230
4.644
4,030
4 607
•\ 134
5,341
5,908
42,886
4; 014
13.536
1,206
n
o
c
E
H
r.
Tot al other reserve cil ies
2,706,931
Total ullresrrvo cities.. 4,773,692
416
065
104
531
159
57
678
1,596
590
4
166
412
1 709
10
2.565
S31
284
1.368
1.182
' 269
:.'», 473
150
1,169
5,305 . . .
4,052
12,232
3,460
2,047
6,353
12,677
1,150
9,531
193
403
?4
37
US
64
15
78
70
6'?
186
15
?9
905
69
705
33
213
3,368
377
2,793
1.440
2,232
2,251
."!,743
2.580
3,650
321
935
3,065
321
6, 1S1
44s
2,047
27,644 ;
.
a, ust>, 720
125,570
2i.2 v 6
799.893
!
5,141,652
168,720
26.524
1.021,400
M;
S
23
42
31
212
203
••)
!
55 !
2,176 |
S39 '
173, 4.«
11, 32*
s, 536
04.508
205,120
11, 6%
15. 436
70,900
COUNTRY BANKS.
1,092
340
.141
S22
80
250
1,085
875
179
18?
707
P6
529
32,719
32,720
15 414
195,407
35 006
113;898
117
h 975
2,594 :
425,104
11,334
30,750
1,061
9,902
M
10 540
12, 449
J, W8
141
2,369
•42
222
334,033
300 663
4si.955
8'402
23,930
4-J.088
23, 115
i,83il
1,885
6,041
667
784
5,612
702
5,172
4,113
15,004
179
75
•110,000
10,397
75
•?\n KNS
"> 1.099
132,264
s' 346
20,4U0
7,679
6,218
12,913
142
738
207
826
929
Connecticut
109,994
\V>- 3 1 2
?=,9
248
66
37 :
1,897 ;
87 !
259 ;
42
24
31
31
•4
189
10
107
Total Eastern States...
Virginia
"West Virginia
Norlh Carolina
South Carolina.
(Georgia
Florida
Alabama
"Ntississinni
Louisiana
Texas
900
78
60s
8
94
16 ,966
2S ,
138
352
5,492
1,577
41,313
3,110
5,066
12,424
11.532
3,863
12,590
6.703
30.521
45; 158
4,817
41.296
1,446
6,373
'.'60,715
1,244,782
64,690
10,277
24,028
116,537
10,944
46,952
97
858
178
1,038
65,680
11.504
25,054
152,42*
1
-2 412
50,489
233
303,428
2 , fifiS
317,563
38,259
4,124
112,1N6
' 182
2,028
3, 155
1,638
1,840
680
139
335,856
243,948
524,104
5.453
51,164
T/7,95')
250,979
M l , 54 4
5 70S
53,941
1,160,525
857
903
929
4,796
1 290
2,499
2o3
England
"Vow York
New Jersey
Pennsylvania
Delaware
Maryland
44
23
10
164
10^
11
172
457
j 393
30
S'05
404
1
9
472
1,268
317
2,743
2 481
3,116
Ala i no
New Hampshire
Vermont
Massachusetts
Tola! New
States
j
s
!
l
1
1
16,785
n
.~
2,101
1 190
37,264
1,508
2,483
9, *60
fi, 510
24,810
\901
5,577
29,1S2
41,873
4.16*
33.362
990
3,357
7,149
12,S07
2'870
54.373
l\ 979
0,012
29,03S
43,1P3
59,658
13,873
11.072
42,198
128,010
16, 88;}
165,317
4,247
13,788
1.031,087
S5,238
75,391
54,487
31,770
28,626
33,072
40.902
2l> 000
32 156
183.680
1 i03
2,123
377
11,286
5<i
2>\,052
5,491
2, 162
'897
9.16
1,872
1,949
1,436
1,268
L.72S
6,930
23
170
238
671
21X1
11,457 .
1,1 is. 989
157,379
0,772
1. OS''
139
267 i
442 :
93,902
80,324
62,370
33,749
31,078
40,812
49,310
28,586
38,587
207,100
30,097
19,737
2! 590
9,817
9,160
1,450
5,268
7,327
2,042
16,107
2,413
1,038
547
517
244
1,519
301
76
526
4,344
<•-,
514
503
365
318
146
?59
135
133
682
31 •
55 '
33 .
11
11 •
287 !
560 ;
<-.5,405
45,245
25 448
39,740
15,204
23,878
21,191
6 137
10,990
17,874
133
1 •?C9
3 ,414
73
10
. 44f»
1,330,122
! •>">
98,04<l
66,233
47,647
50,224
24,646
,30,139
27,141
13,580
53,594
38,590
213
114
38
1<Y>
381
40
36
205
C
H
THE
5.611
10,622
2 479
50, 297
7, 055
5,615
22,943
37 452
46,43S
10,191
8' 825
35,253
111,213
15,654
151.644
3 ?23
13,040
Topeka
Wichita
Helena
"Denver
Pueblo
Muskogeo
Oklahoma Citv
Tul^a
Seattle
Spokane*.
Tacoma
Portland
Los Angcle^
Oakland
San Francisco..
Ogden
Salt Lake City
r.
c
&
•-a
O
f
O
»-'
c
c'
r.
"
TABLE NO. 48.—Classification of deposits of national banks at date of each report during year ended September 14> 1923—Continued.
to
JUNE 30, 1923—Continued.
to
[In thousands of dollars.]
Demand deposits.
Time deposits.
o
Cities, States, and Territories. Individual Certificates State and Deposits
of deposit
subject
deposits due in less
other
to notice Dividends
municipal of less than unpaid.
subject
than 30
deposits.
to check.
days.
30 days.
Other
demand
deposits.
Total.
Certificates State and
of deposit
other
due on or municipal Other time
deposits.
after 30
deposits.
days.
Postal
savings
deposits.
H
Total.
o
3
COUNTRY BANKS—continued.
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...
33,002
79,334
47,704
4 927
1,080
1,037
875
142
191
23
753,422
32,890
43,018
708
104
348
291
1 380
20
40 317
81 033
49,903
4 8S7
22 985
20,881
38
95
10 120
17,730
23,123
104
156
15
15 149
40,972
44,019
4,910
3,377
838,331
174,354
11,088
322,097
1,835
509,971
21S
894
1,551
215
4
030
534
11
232,395
130,129
219J150
73 049
84,804
90,724
94,810
39,011
53,327
39,891
03,951
95,700
47,800
102,059
95 080
42'679
90,918
74,879
LO,772
0,028
701
2,725
1 355
'330
1,102
440
273
49^991
33,093
5,928
441
354
824
458
134
238
209
45
170'159
117 715
109,' 17S
142,309
10Sf621
17,0 IN
191,502
115,811
1.95,784
60 073
73,082
08,444
79,030
33,951
14,042
9,322
13,058
4 819
4,918
9,035
11,707
2,784
2-1,780
9,093
0,929
7 522
6,145
11,677
2,525
2,203
307
377
274
139
15
2S
532
940
032
954
420
516
317
380
130
818* 883
71,485
70,874
1,072
4,295
4,003
971,272
397,233
13,074
490,352
2,703
909,302
21,040
21,140
31,940
71,008
24,367
23,015
38,169
12,672
103,566
4 202
4,908
0,903
9,483
3,127
1,900
4,873
2,218
6,637
1 707
3,806
2,474
7,465
4,825
4,050
2,239
3,859
22,318
19
14
22
171
11
302
17
55
40
98
110
34 789
28,518
32,075
20,931
10,496
7,191
14,882
5,083
25,661
709
334
115
90
50
178
707
341
3,095
S 293
7,477
3,297
7,441
10,703
8,894
14,414
2,302
11,912
18
15
145
114
670
147
319
27
193
4"i S0*J
30'311
35,632
34,576
27,991
16,410
30,322
8,3.r>3
40,861
346,983
44,377
52,809
192,226
5,625
74,793
1,654
274,298
7
62
315
64
52
90
27
128
298
237
300
112
70
57
193
27 181
30,090
41,759
88,739
32,694
29,503
45,464
18,833
132,849
623
839
1,487
447,118
155,550
r
2
o
32,900
31,990
M0J371
19,990
2,228
5,803
11,044
Total Pacific States
2,052
3,779
1,751
2, iifi3
244
287
321
12,729
8,879
19,971
5 712
' 590
938
1,721
244,992
" ashington
W
Oregon...
California
Idaho
Utah..
Nevada..
Arizona
13,497
50,540
1,335
1,940
Alaska (nonmember banks)..
Hawaii (.nomnomber banks)..
Total
i n onm em b e r
banks)
15
12
34
100
291
431
89
108 .
010
35
17
35
24
19
22
914
37
7
11
04
47, 855
44, 812
100, 729
28 128
3, 086
7 074
774
I'7S9
9, 801
3 073
93?
401
1, 102
094
90
I , 175
941
184
20
1, 504.
24,772
11,326
73,041
7 433
2,711
4,006
4,933
730
239
295
055
30
125
130
34,071
19,444
84,315
14 004
3,857
4,042
7,729
924 :
1,074
311 458
3;5, 720
3 ,910
128,222
2,204
1 OS,062
2
1 117
2 897
80
110
401
292
!03
1
42 :
10 : . .
23
923
n,
590
409
3,281
27
946
ss!
2
4 314
202
093
104
999
Total country banks...
3,011,054
199,031
202,350
26,000
19,291 1
27,054
4,146 010
900, 454
41 ,302
2,486,110
16,514
•V.10..3N0
Total United stales
8,385,340
107,770
ivS.302
31,727 ;
97,951
!), 288 2 9 8
1,135, 174
07 ,820
3,507,510
4!, 052
-1,755,102
SEPTEMBER
14, 1923.
1.587,230
482,922
45,00,1
2,825
1,348
2,500
207,273
24,975
9.802
204.384
31,279
3, S4S
232,248 i
10,781
295,6(13
73,037
9,310
935
18,998
38,380
35,218
11,001
25, 294
18,566
15,917
15,836
12,550
3,792
15
980
39
1,220
756
00
344
s7
10
117
84,567
9, 740
2,396
22, 700
41,270
30,748
10,455
28,170
18,987
15.927
21,849
12,022
2,092
New York
Chicago
!
1,531,349
471,083
9,730
4,238 |
2,002,432
13,908 |
Central reserve cities.. J
OTHER RESERVE CITIES.
Boston
,
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galvcston
Houston
San Antonio
Waco
Little Rock
Louisville
7,563 !
7,333 |.
14,896 ,
280 :
286 ]
192
45 •
3S,11(.)
223
237
38,333 j 2,070,152
48,780 j
365,041
38,016
34,911
35,208
370,028
219,902
83, 587
02,041
33,774
29,837
10,416
10,766
21,591
53.004
11'.570
32,335
4,205
IS.990
22,533
«,364
2,031
30,117
7,738 !
421 ;
481 !
2,0.70
1,004
' 9 7 9 '•
r
;
:
302,447
24,204
34,007
33,245
359,230
210,222
80,733
59,023
32,280
28,977
15.354
IC,3^6
20, 76,8
48.795
11; 122
30,788
4,074
45,163
21,578
7,988
2,271
35,741
1,774
23
204
223
1,514
1.289
' 97
1,393 !
389 !
078 •
56 !
371;
100
204
284
373 '
50 j
11,323
57 |
i
475
••
1,739 I
4,140 ,
3,502 !
2,745 !
1.286 !
l'.O26 I
169 l
981 !
3.753
169
1.174
45 i
3, 2S9
' 552
26
20
297 ,
485
402
1.348
'334
5,512 j
1,153 i
V.
1
1 .
8 :
6 '
11
145
1
1
697 i
2.405 i
'164
224
3,730
1
194
78
12
25
398 i
305 ;
:
t,<i59 j
1.548 !
2', 032 |
334 i
840 j
500 i
3,173 I
2.723 !
i ,084
951
1,438
:
120 i
1 096 . .
485 ; . .
428
918 . .
1 ,508 •
:
201 . .
400 . .
S, o s 4 ; . .
1,691
•i"
9,409 .
8 020
7 417
(i, 237
IS 471
2,206
? 036
99S
10,274
07
10
28
7
30
66
2
9
111
i 1.0;M
9, l.a'2
7,930
(•..072
•19.419
5', 531
3,239
1,413
is;409
~J
l-~
r
—
T
c
F".
-^
C
*
to
—I
TABLE N O . 48.—Classification of deposits of national banks at date of each report during year ended September lJ+> 1923—Continued.
•
to
SEPTEMBER 14, 1923-Continued.
[In thousands of dollars.]
Demand deposits.
Cities, States, and Territories. I Individual I J 5 iiP j .^ j Statecand Deposits
:
subject
deposits lri f ?iffiVi o t h r
to notice
subject I ^ S ^ f
of less than
to check.
deposits.
30 days.
days.
C< r 1
a;
I
Time deposits.
Certificates State and
of deposit
other
due on or municipal Other time
deposits.
after 30
deposits.
days.
s
Postal
savings
deposits.
Total.
O
OTHER RESERVE CITIES—COn. '
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.
St. Louis
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Pueblo
Muskogce
Oklahoma City
Tulsa
!
;
:
•
:
•
'
j
i
j
|
{
7,046
18,904
02,363
25,287 !
33,978 '
18,663 ]
38,554 '
19,586 ,
10,534 ;
92,479 i
13.961 |
54,451 I
05,930 j
40,478 :
4,707 !
13,758 j
2.505 !
8;555 |
57,095 !
7,448 i
119,788 i
8,528 ;
•
47,191 I
3,330 j
6,244 I
10.962 I
3.647 •
:
53^350 '
0,424 !
5,576
2i; 212
33,999
1,020
9
812
489
075
715
356
403
120
1,391
241
0,989
1,509
197
242
382
763
4,463
345
965
146
1,254
209
371
829
116
564
144
24
877
1,517
23 i
3
449
I::::::::::::::::::::::::
1
:
l
3 j
3 j
3I
050 j
i
31 j
I
8,155
20,440
67,585
39,153
46,109
22,948
41,545
21,904
10,948
98,145
14,454
50,041
76, 051
53,254
5,111
17,374
3,087
9,345
63,980
7,793
121,906
10.123
51 340
5,781
8,102
13,921
3.964
60,334
(>. 765
<••; 523
27,305
38,346
1,980
2; 782
1,533
1,321
1,970
2,095
739
2,590
3,781
3,016
0,709
3.852
2,724
075
904
1,352
2,225
1,924
1,178
7,348
237
4,882
021
233
2,876
304
3,138
1,243
2,171
2,157
4,283
218
0,002
300
295
100
500
5,102
350
170
1,155
319
857
459
30
1,228
3,590
8,124
14,444
23,082
5,850
7,612
1,058
30,352
5,196
11,720
7,852
18,781
33,075
11,714
3,900
3,042
3,342
5,668
2,891
4,620
35,295
3,508
7,640
475
89
2,019
1,125
38,476
1,629
2,295
9,970
6,409
74
24
200
30
250
133
103
170
24
525
20
225
151
184
4
45
4
62
377
11
173
7
133
115
42
30
10
2M
103
12
191
408
5,644
11,14S
10,243
31,041
8,370
7,745
3,251)
37,550
7,910
10,520
11,488
25,775
42,180
14,622
4,639
3,991
4,698
7,955
5,192
5,809
43,160
3,922
13,810
1,530
364
4,925
1,499
42,731
2,975
4,937
12,354
12,328
O
H
d
fed
51,495
11 130
R 945
38 554
117 970
15 892
155,131
3 645
13,197
Seattle
Snokane
Tftpoms,
Port lind
Los \ncplos
Oakland
San Francisco
Osrdcn
Salt Lake City
;
10 \
299
988
9
1.835
' 768
258
8 4^7
1 810
1 398
5 121
11 036
943
6.679
147
891
8 |
*•>.'•; 1
33
1
<)
I
99
2S
0
123
1,050
86
17
60, S77
13,003
10 453
44 098
132,246
16,845
163,803
4.560
14,363
2. 433
3,834
80
998
4,257
331.
9,422
587
1,908
250
1,075
600
25.615
9.152
5; 745
30,407
42,159
1,181
28,369
1,007
3,434
2, 4!5
31
934
126
232
73
568
5
93
30,543
13,017
7,036
31.831
46,648
I'. 835
39,434
1,599
6,035
2,823,014
46,325
158.633
7,003
463
11,901
3,047,339
132,257
28,898
815,748
16,838
993,741
"~4,"825,"446"
60,293
173,529
7~289~
700
50,234
5,117,491
181,043
32,746
1,047,996
27,019
1,2S9,404
6
9
65
21)8
65,511
10 777
23.760
1.14' 511
Ii,2l7
49,688
220
98
915
15S
1,013
12.50X
52, SS5
Total other reserve cities.
Total all reserve cities
('•55
COUNTRY BANKS.
34 735
34 008
16'179
203 295
33 116
114,974
Maine
Now Hnmn^hirc
Vermont
Massachusct t s . . . .
Rhode Island
Connecticut
Total New
States
5S1
1 305
393
2, 998
2 308
2, 831
6
1
52
73
England
New York
New Jersey - - Pennsylvania
Delaware
Maryland
Total Eastern S t a t e s . . .
Vi rpin j a
West Virginia..
North Carolina
South Carolina
Florida
Alabama
M is^issj ppi
Louisiana
Texas
Arkansas
Kcntuok v
Tennessee
Total Southern States..
1^
1
17
514
35,331
35 478
16 622
207', 360
35' 425
118,336
: • ;
927
850
1 119
!, 040
5,048
1 133
2,184
66,493
12, .116
24, 898
436,397
10,416
59
73
56
1,551
44S, 552
1.1,374
208
315,467
2.53G
329,585
309,290
291 70,1
433,09S
10 121
23,457
7,199
6, 804
12,332
30,670
836
11,568
89
9.600
13;376
2.363
265
15, 763
2,398
2S
497
349,728
309, 228
486, 225
10,122
26, 522
39, 74.6
4,699
112,250
157
2, 584
1,707
100
2, 941
137
U7
22
88
1
5
768
345,024
253,OS]
535,722
5,547
50,996
737
2,271
3, 7S9
79
11
3X7.211
260,7:>]
654,702
5,783
54,359
1.067,667
26,472
45,472
23,05)3
233
3 S.8SS
1.181,825
159,436
5, 516
1,190,970
6, XS7
1,362,809
217
82
u
15
150
26
31
46
6S
27
IS
10
101
111
1. 4X5
' 129
92 596
SO. 211
C 1,052
)
34, 386
31.831
36' 921
IX 733
27 423
35,535
23K, 753
3X, 773
75,719
50,700
30 104
19,689
2.1,316
10,696
9, 063
' 3,760
5, 461
7 284
2.202
16, 550
5,201
22,929
21,739
1.142
1,069
5S7
508
909
1,453
138
66
545
1,4X0
06 SOS
46.179
25; 142
39,078
11,573
23, 517
2]', 624
6 19 i
10,98|
17,960
9,901
17,804
22,95S
109
1X2
50
92
44
303
62
43
9X,163
67,119
47.095
50,374
265
101
45
18
29!033
27 2Xo
13,5S7
13,760
39, 26i
15, 203
11,16.",
11,715
2, 527
852,633
176,000
11,282
322, 719
1.346
511,317
So 631
76 310
50,392
33, 533
29,183
29 673
46 537
%
>1 O K J
30,323
215 668
30, (526
73, 503
-19, 249
778.618
5 689
2,383
716
511
2,034
I 625
1 614
i 324
7 305
5, M54
N65
1 389
3,874
2X8
526
5 593
542
1 106
3,418
15,0X8
1' 2.J8
37,371
53
°~>2
21
isj.
33,319
.11
666
9
8
9
3
oo
2
o
29
4
11
7
132
385
Ox
TABLE N O . 48.—Classification of deposits of national banks at date of each report durimj year ended September Jf/h 1928—Continued.
to
SEPTEMBER 11, 1923 Continued.
[In thousands of dollars.]
Tira e deposits.
Demand deposits.
Cities, States,and Territories. Individual Certificates State and Deposits
subject
of deposit
other
deposits due in less
to notice
municipal of less than
subject
than 30
deposits.
to check.
days.
30 da vs.
COUNTRY HANKS—continued.
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa...
Missouri
Total Middle Western
•States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
I
j
j
I
Total Western States... !
Washington
Oregon
California
Idaho
Utah
Dividends!
un )aid
'
-
d°££d
Total.
! deposits.
Certificates State and
of deposit
other
due on or municipal Other time
deposits.
after 30
deposits.
days.
3
Postal
savings
deposits.
Total.
n
K
190,507
117,761
193, 595
00,366 I
71,635
09,010
SO, 872
35,332
13, 740
9,021
13, 710
4,378
4,833
8,968
11,625
2,812
33,521
6,775
7,040
8,584
4,655
5,657
2.206
l',885
819,078
69,093
70,323
,027 i
22,482
22,0.53
31, 4S5
71,318
25,200
25,377
40,520
12,403
97,916
4,314
4 626
6,853
9,521
2,666
1,610
4,315
1,849
6,310
1,320
2,848
1,837
7,330
4,192
3,866
3,377
3,281
19,473
41
21
13
213
3
3.56
2
348,754 i
42,064 j
47,529 \
077
30,927 j
36,868 |
M9,115i
21,733 |
2,233 i
1,881
3,704
5,252
2,077
68 '
y, 828
7,101
17,386
5,051
326
560
1,655
200
27
505
608
0
238
407
87
4
238
21
32
398
53,628
40,108
04,804
21,729
42,702
91,211
70,033
11,223
6,285
341
3,557
846
311
955
315
224
98,803
49, 734
103, 875
97,019
60,983
50,980
33,758
0,517
12,834
3,973
903,651
401,498
9i
71
189
142
036
312
123
02
78
281
28,237
29,752
40,332
89,023
32,374
31,332
48, 278
17,011
124,019
34,271
28, 780
32,482
20,609
10,633
7,165
15,154
5,733
24,726
40 ;
12 ;
19 j
23 j
1,894 i
440,958
191,013 i
22
31
700
20
129
48.070
47', 847
172,971
28,950
2, 340
, |
7,997 !
9,802 I
5,790 i
$52 '
157
V.
28 '
4
435 i
63 . . . .
238,382
134, .567
216,118
73,608
81,397
84,164
95,376
40,039
12 i
159,212
90,547
173,138
119,988
110,138
143,322
110,313
18,008
496
304
842
394
142
176
207
44
!
j
j
i
i
507,009
2,005 j
924,666
759 I
372 i
036
150
205
2L7
071
320
2,003
8,251
7,406
3,235
7,630
10,317
8,795
14,408
2,171
12,290
18
14
26
129
777
152
320
36
277
43, 299
36, 572
3G, 379
34,57S
27,932
If,, 329
30,559
S, 200
39,890
5,933
74,503 !
1,755 j
~282
101
2.931
'1S1 !
1S7 i
25,013 j
11,821 i
7:?, 702 ;
7,378 i
2,840 I
785
294
519
087
30
I
I
!
I
!
c
273,804
34,943
20,210
85.9i.4
14', 012
:, 939
;
C
5,950
11,621
*M5
323
8^5
1,597
204, 453
13, 010
•12, 220
1,482
1,914
M
20
3,390
Total country banks...
Total United States
Nevada
Arizona
Total Pacific States
Alaska (nonmeinber banks) .
Hawaii (nonmembor banks)..
Tottil
(nonmember
bnn ks)
7,018
13,593
517 1
1,492 1
20
1,215
4 211
4,S27
137
129
4,921
7,093
1,030 1
321,889
3!,7?9 j
-.1,950
] 29, 422
2,581
171,708
909
5i
1
1,520
2,819
87 L .
118 | . .
439
290
111
1
037
409
40
928
5i
4,309
205 ! . .
729
11.2
1,010
3,714,907
194, 974
242, 980
20, 038
080
29,803 j
1, 209, 508
971,670 !
-10,729
2, 5 iO, 750
i7, 770
3,573,919
8,543,809
255, 307
417,437
33,327
1,380
80,102 {
9,331,368
1,155,918 j
73,475
3,589,475
45, 50 i
t,m,m
2
10 j
aa 1
502
08
i
5
"1
c
278
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 49.—Cash in vaults of national banks at date of each report during year
ended September 14, 1923.
DECEMBER 20, 1922.
[In thousands of dollars.]
Cities, States, and Territories.
New York.
Chicago
Central reserve cities.
Cold
coin.
Gold
certificates
payable
to
bearer
or
order.
| Clearing
'house cer- Paper
tificates
based on currency
(other
specie
than
and other pold cerlawful tificates).
money
(scc.5.192).
Silver
and
minor
coin.
Total
cash.
930
708
5, 003
1, 031
1, S01
4
31, 214
14,517
38,954
17,720
1,644
0, 634
2,065 !
45,731 I
56,674
•150
4,082 !
1,029
1,191
607
S, 000
0,909
2, 201
2, 408
007
394
1,346
027
053
649
1,199
214
806
258
1,632
1,874
378
101
1,121.
312
446
2,376
1,115
1,987
1,014
3,585
J,280
839
1,394
760
I, 722
1,960
1,663
271
801
5,349
1,156
1,451
7369,819
7,876
2,533
3, 229
750
469
OTHEJl RESERVE CITIES.
Boston
Albany
Brooklyn and Bronx.
Buffalo"
Philadelphia
Pittsburgh
Baltimore
"Washington
Richmond
Charleston
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Calveston
Houston
San Antonio
Waco
Lit lie Rock
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit
(irand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
pes Moincs
Dubuque
Sioux City
Kansas City, Mo
St. Joseph/.
St. Louis
Lincoln
Omaha
Kansas City, Kans...
Topeka
Wichita
Helena
Denver
Pueblo
.Muskogeo
Oklahoma Cit y
TuNa
Seatile
Spokane
Tacoma
Portland
Los. Angeles
Oakland
San Francisco
105
11
30
28
240
248
61
52
11
7
50
20
6
6
19
07
31
32
35
157
112
8
M
1
106
159
01
543
1
••!
213 I
1!
2i
!..
!..
L.
;..
;..
!
..
'.
:
..
i.,
.;..
!..
90
37
09
1S3
14
108
149
40
M3
500
210
226
71
54
132
52
57
78
J32
88
]14
23
175
1.78
92
'!!
I..
":..
'.
46 L.
144 j . .
ill
S9 !.
209 :.
J53 i..
Jii
;
31 •
36
41 I
27
12
2
12
22
12
97
23
To I
112 i
9 !
19 i*
3:
1,348 |
90
8
22 !
S!
112 !
4:
44 i
28 ;
455 !
19 !
209 i
S o '•
MI ;
!
244
4
14
ioo;
43 j
6
13 i
12
106
15
11
3
21
i
!
j
!
;
!
4 I
j
210
23
4
9
7
3
37
18
85 |
lit I:
94 i
208 j
35 i.
51
29
18
212
48
90
116
102
430
125
53
209
503
108
586
lot
490
1,704
007
2,444
293
1,430
199
293
331
83
1, 327
303
415
592
961
1,685
842
382
950
2,780
537
3,720
1,531
715
722
946
1,351
370
953
31.3
1, 851
2,233
477
116
1,239
354
525
2,703
1,169
2,227
1,116
4, 275
1,525
1,047
1,508
881
1,913
2, 235
1,849
310
9(>4
220
599
2,049
756
2,672
407
1,841
244
353
382
104
3,097
470
514
734
1,080
2,240
474
479
1,187
3,775
664
4,533
KKF0J1T OF XIIK CO.Ul'TKOKLK!; OF T i l l ' .
(TKREXCY.
279
TABLE XO. 4th— Cash in vaults of national batiks at date of each report (luring year
ended September /./, 1923—Continued.
DKCEMBEK 20, 1922—Continued,
[in thousands of dollars.]
Gold
cert if icat.es
payable
: *tO
• bearer
or
, order.
;
:
;
:
(Jold
coin.
Cities, States, and Territories.
Silver
and
minor
coin.
Clearing
house cer- Paper
tificates
based on currojicv
(other"
specie
than
a rid othoi I gold corlawful
money i
(sec.5192).
Total
cash.
OTHER HKSKRYK CITIKS—cOIllillUCv! .
Ogdon
Sail Lake Ciiv
3s
58
!1
10
Total other reserve cities
4, 71K)
i;
Total nil reserve cities
122
253
9? 477
77
12, 142
2, 249
h.344
11
171
327
83, 721
100,224
1^9,452
156,898
1,040
1,408
849
8, 135
1,350
4, 908
1,921
1,759
1,023
9, 425
1,598
5,676
COVNTKY BANKS.
Maine
Now Hampshire
Vermont
Ma^achu^ott*
Khorlo Mand
Connect icut
r.7
320
1X2
423
775
417
1,S3S
452
!, 953
20
106
453
590
1,009
3
194
1, -10 L
1, 154
2. 724
3 078
Total New England Si at es
170
178
J09
,v_>7
103
Now Vork
3S
34
14
121
2 '.'49
•">! i
Pennsylvania ..
Delaware
Maryland
Toial Eastern States
279
.172
\ i r j? i n i o
West Virginia
North Carolina
South Carolina .
.
29
113
104
Florida
Alabama
Mi^K^i ppi
Louisiana
Texa^
Arkansas
Kentucky
Tonnossee
*66
53
1S 350
21,402
' 57
15, 725
13, 893
34,231
448
1,920
5 -I'.M
55,402
66,223
572
2M
418
205
5,591
4,050
3. 435
1,727
:>, 000
2 429
2,941
1 1°7
1,474
8 507
1,54<)
2 803
2, 882
0,699
4,655
4, 089
1,984
2, 414
2,827
3,711
1 391
1,724
10,095
1,970
3,584
3, 430
10
'.'SO
'i'~)2
10
129
40
M0
05
!S7
3,511
2. 174
1,124
5, 228
470
Ohio
Indiana
Illinois
Mifhigan..
Wi^oori'-'in1
Minno^ot i"
Iowa
M issouri
37S
1, 107
919
1.303
470
544
J5
328
307
15
40, 002
49, 203
13,051
9,145
13, 432
709
320
309
.jo i
520
09
94
101
30l'
11,636
7, 493
10,780
4 380
4, 289
3 753
3, 029
1,421
3, 400
1,550
ti, 3S3
47, 381
58, 774
S2
75
159
330
148
7i
313
48
1M
19
22
70
129
00
320
2S0
1,135
1,028
1,277
2, 884
1,945
1,385
1,810
001
4. 243
l, 55r>
1,405
1, 887
4, 053
2,490
1,631
2,717
SOD
5, 462
"•y>
. .
Total Middle Western States
. .
Total Western States
Wa^hiTKrton
152
95
23
20
14
121
i()
13,4.19
11,008
28. 545
361
1,409
79
217
170
•i'.H
Toial Sou!hern Si.ale:;
North Dakota
South Dakota
Nebraska
TCan^a^
Montana
Wyoming .
...
Colorado
Now Moxu'O
Oklahoma
2s
.
'"^reiroM
California
72:w<;° 2 4
°7
201
IS
704
331
148
393
133
101
5, 23C)
5 051
5.032
1, 988
1,410
653
3, 02>
10,308
22, 001
328
3 (i 2
25
421
371
1,138
1,937
2,711
2,512
793
22
03
1,727
6,968
7,962
280
REPORT OF THE COMPTROLLER OV T1I.K CURRENCY,
TABLE NO. 49.;—Cash in vaults of national hanks at date of each report during year
ended September 14, /S,2#—Continued.
I > KC EMBE It 29, 11)22—Con tinned.
[In thousands of dollars.]
Gold
coin.
Cities, States, and Terrilories.
Cold
certificates
payable
to
bearer
or
order.
Clearing
house cerPaper
tificates I
currency
based on j
(other'
specie
than
niid other|
gold ccrlawful i
tificatos).
monev !
Silver
and
minor
coin.
Total
cash.
COUNTRY HAXKS—coriliruied.
Idaho
7S
22
52
72
Arizona
Alaska (memher banks^
Total Pacific SI ai cs
\laska (n on member bank^'i
Hawaii (nonmember banks)
2
23
25S
30
82
170
1,737
. .
Hah
Kevada
106
2,470
31
2
02
8
Total (nonmember banks)
;
70 |
j
1.2, 710 j
0, 101 j
TolairnilodStai.es
j
19,054 ~|
1.5, 044 j
:
!
!
19
07
!
2I
Total country banks
.
•
1 17S
90
378
892
I 545
143
r>u
1,157
12, 170
10,543
138
49 i
221
032 I
108
37,205
790
190,917 !
25,123 ;
234,042
320,309~j
391, SM
- >
A P R I L 3, 1923.
Now York.
Chicago....
012
018
1,420
899
23.901
13,168
33. HI
10.233
8,760
Ccn! ral reserve cit ies.
7,218
1,548
2,319
37,009
49,414
89 I
3,724
1,061
899
83o
7,798
5,234
2,336
2, 124
4,38
749
091
595
303
957
235
086
203
1, 2S7
1,337
3!S
10
07
28
52
123
83
143
70
225
152
67
103
06 I
170
201
190
38
81
27
2*9
!. 871
746
1,578
645
2,997
1,207
588
1,013
656
1,262
1,661
1,181
216
734
201
4,307
1,197
1,103
910
S, 750
6, 151
2 079
3'. 227
F.34
923
783
071
410
1 0*1*5
'348
815
261
1,477
1,704
421
79
646
302
310
2,110
843
1,861
729
3,665
1/149
755
1 7:?i
761
1, 408
1,957
1, 417
256
844
271
OTHER RESERVE CITIES.
Boston
Albany
Brooklyn and Bronx.
Buffalo
Philadelphia
Pittsburgh
Balt.iir.ore
Washington
Richmond
Atlanta
Jacksonville
Birmingham
Now Orleans
Dallas
El Taw
Fort Worth
Gal vest oii
Houston
j^an Anlonio
AVaro
Little Rock
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
oo
21
20
17
1X0
243
90
53
8
2!)
23
9
4
22
43
38
30
37
LSI
0
o
II
7
9
36
2
Toledo
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Moincs
Dubuquc
388
71
02
23
39
31 j
31
23
30
70 i
179 |
05 '
559 :
1 :
4 '
404
105
134
57
702
495
i
|
!
:
,
IKS •
191
07
141
IS •
10
15
1
31
115
70
118 !
22 I
149 !
ioi ;
23
3
"iio"
12 .
85
55 j
19 :
4 !
•2 |
. . . .!
6
7
0[
,") J;")
2t">4
KKPOKT OK THE COJIPTROTJ^U OF THK CURRENCY.
281
TABLE NO. 40. — -Cash in vaults of national banks at dale of each report during year
ended September 14f 1923—Continued.
APRIL 3, 1.923—Continued.
| In thousands of dollars.]
Clearing
house cer- Paper
tificates
based on currency
(other'
specie
than
and other gold cerlawful
tificates).
Gold
Cities, States, and Territories.
certificates
pavahle
to
hearer
or
order.
Cold
coin.
Silver
and
minor
coin.
Total
cash.
1IIOI1OV
(sec.5192).
OTHL:R IM.:SKRVK CITIES—continue I.
<iou\ City
Kansas City, Mo.
Si Joseph ..
j |
10
105
1 I
1 i
120
27
(>3
28
Lincoln
Omaha
Kansas Oil v, Kans .
Topeka
Wichi<n
Helena
Denver
.
.
!'„'
.
. -
.
•JS
3
! 1 "»
s
N uskoirco
J
Oklahoma Ci{ v . .
TuMi
Seal tie
Spokane
29
Tacoma
. . . .
Portland
Los \ nicies
Oakland
Sun VraiK'i^co
Ocdon
Salt Lake Cit v
157
11
43
1
3
221
29
3
5
0
•it
--
5l)7
13
1S5
11
16
28
202
15
368
1 165
437
1 003
131
92
100
103
99
I.H7
142
244
373
60
1,099
270
•13
50
51
14
195
47
127
108
511
107
40
262
370
18
6!
37
67
454
82!
1. 175
209
218
896
2 456
399
2,780
74
249
471
1 464
571.
l
'm
199
307
455
77
2,872
401
348
013
2,149
387
307
1,202
3,390
705
3,467
125
332
Toi al ol her reserve ei! ies
4,897
2, 16!
8.793
117
67,956
83,924
Tot a I all reserve, cities
ft. 157
10,927
11,112
117
105,025
133,338
80
156
166
Q4
7X5
7
204
27
32
27
84
12
167
1 715
1,639
823
11,201
1,552
5, 7S2
2 014
!, 933
1 001
12,157
1,749
f». 524
879
349
1,701
22, 742
25,073
673
1^319
2,218
439
587
1,002
3
204
2, (»;J0
57
1 IS
13,602
12,455
?s 719
315
1,337
16 033
14.687
34 599
430
1,805
3 661
2 235
5,162
5f>, 4S8
07, 554
°n
583
297
4,75L
3, 893
•135
9
255
282
244
370
14!
1,823
1,8!!.
2. 159
2,511
907
5 000
4,527
3.635
2,150
2,270
2,521
3,287
I, 162
6 990
1 272
'', 708
2, 321
9,073
I 058
3.393
2,887
COl'NTUY HANKS,
Maine
New Hampshire
Vermont'
Mas-aehu<o1 t s...
Rhode Inland
Connecticut
.
'"*»!?
Tot al New Kngland SI a 1 es
Now York
Now .Jorsov
Pennsylvania
. . .
o;:2
M arvl i) nd
Total Kasiern States..
Virginia
Wi'^i Virginia...
North Carolina..
^oii*h Carolina.. .
(ioonria
Florida
•Via ha in a. .
. . .
Vr^uns'^
Kent u ( 'kv
Tonne-'se'c
Tot<^ Southern States .
1%
162
9^
1
88
141
113
29
22
22
111
41
37!
7
5
127
33
1 10
1,47s
*»('»")
315
J, 093
5
5,170
202
2,360
')'>">
».">, 3 2 1
:
•
•
•
:
•
•
:
•
:
•13,959
282
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 49.—Cash in vaults of national banks at date of each report during year
ended September 14, 1923—Continued.
APRIL 3, 1923-Continned.
[In thousands of dollars.]
Cities, States, and Territories.
Gold
coin.
Cold
certificates
payable
to
bearer
or
order.
Silver
and
minor
coin.
Clearing
house cerPaper
tificates
based on currency
(other
specie
and other than
lawful gold cermoney tificates)
(see.5192).
Total
cash.
COUNTRY BANKS—continued.
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesot a
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
To!al Pacific States.
Alaska (nonmembcr banks)..
Hawaii (nonmembcr banks).
Total (nonmember banks)
532
593
866
300
341
406
471
192
377
164
446
81
87
108
13S
3,761
1,177
83
167
355
154
78
337
51
192
23
32
52
.143
62
32
21.5
20
93
1,506
672 I
335
104
595
77
24
50
70
1,156
847
1,205
451
506
738
802
287
10,792
6,906
9,367
3,972
3,432
3,463
3,532
.1,215
12,857
8,5*0
11,884
4,864
4,366
4,715
4,943
1,770
5,992 \.
42,679 j
53,909
340
271
348
645
283
145
373
120
803
3,388
1,073
1,069
1,191
2,658
1,518
1,019
1,717
593
3,950
50 |
14,78
414
326
1,006
254
28
64
189
1,561
147
81
20
1,504
1,571
1,492
889
116
317
727
2,281
9,616 ]
~3~
46 !
89
448
1,525
1,455
1,758
3,801.
2,017
1,274
2,692
784
5,098
20,404
2,278
2,321
6,140
1,254
168
438
1,009
13,608
183
514
101.
3
50
537
697
Total county banks
13,838
5,976
23,756
65 ! 182,174
225,809
Total Unitcd States
19,905
16,903
34,868
182 I 287,199
283
KKPOKT OF THE COMPTROIJ.EE OF THE CUERESTCY.
TABLE N O . 49.—Cash in vaults of national banks at dale of each report during year
ended September 14, 1923—Continued.
JUNE 30, 1923.
[Iii thousands of dollars.)
Clearing-house
certificates
(sec. 5192).
StandCold
ard
(1)
cerBased Based silver
tifidolon
on
cates. gold other lars.
and specie
and
pokl
certifi- lawful
cates. money.
Cold
coin.
Cities States, and
Territories.
Xew York
Subsidiary Silver Legal- Nacersilver tifi- tender tional
bank
and cates. notes. notes.
minor
coin.
Federal
reserve
and Total
Federal re- cash.
serve
bank
notes.
6,328
1 500
11
99
1,314
951
2,038
1,098
2, 557
1,093
1, 453 10,783 25,698
827 5, 898 13,271
1,219
7, S2S
110
2. 205
4,330
4 250
2, 280 10,681 38,969
79
14
21
18
173
225
87
58
8
132
183
3L0
11
U2
221
29
097
492
107
109
53
645
432
152
107
55
87
02
32
25
92
29
75
ll
Ml
! 07
51
321
59
174
31
027
212
366
193
83
59
30
17
24
50
3
37
14
97
118
28
025
94
05
28
53
113
10 i
91
47
170
35
9
37
99
185
228
07
44
125
58
110
111
<
M
36
00
72
614
605
Central reserve
cities
OTHER RESERVE
CITIES.
Mbanv
Brooklyn and Bronx..
Buffalo
Philadelphia
Pittsburgh
Bait iniore
Washington
Piehmond
Atlanta .
- - -
:(-
27
V>
7
22
V
>
40
32
27
Waco
Little liock
Louisville
Memphis
N'pshvillo
10
11
10
9
38
C'ev'i^nd
Columbus
Toledo
10
15
5
•o
15
1
57
34
7
4
21
8
18'
. . .
Jacksonville
Birmingham
New Orleans
Dallas
V] Paso
Fort Worth
(I alve c ton
Houston
. ...
3
. . .
5
A
15
43
2
17
18
27
1
IS
5
2
v-y
12
34
01
s
40
C hicugo
f Yorin
Detroit
<Jrand Rapids
Milwaukee . Minneapolis
St Paul .„
Cedar Ra.r>ids
I»es Aloines
r)ubu(juc
Sjouv (,*n v
KancPs Cil v Mo
St. Joseph
Si Louis
Lincoln
Omaha
. . . .
Kansas City, Kar.s. . . '•
To^eka.
T
lle ena
Tacoma
:
•W
59'
11
,v
s
j;*
49
12
9<
«* !
12
10
87
10
<
<
35
3'i
27
2
18
38
21
00
43
10
14
115
n
10
4
1 302
125
PuoWo
0 k 1 ahoma Cit v
Tulsa
Seattle
t'-U
07
20
40
32
17
102
3
32
J'ortlaiKJ
4 •>
35
°2
50
<v2
2
11
10
33
257
79
1
5
30
9
10
SO
20
17
61i
QJ
J7
40
105
39
184
53
129
37
28
20
0
OS
10
44
92
0-1
342
64 ;
23 i
123i
106
.-> j
13
153
10
113
13
53
23
9
33
13
24
25
33
31
3
3
11
392
120
63
181
53
36
69
11
52
27
3
24
3
21
43
70
JO
60
.14
32
81
r^
105
41
121
153
99
7
20
55
108
55
01
22
23
120
31
10
112
12
15
20
2
29
Ji
20
40
23
6
3
.">40
182
110
109
500
842
199
122
128
218
84
167
280
38
207
128
049
•140
88
171
340
178
409
190
1.001
151
145
47
131
184
447
553
300
33
131
424
82
212
31
188
42
40
127
28
360
138
63
118
124
133
87
51
115
2,417
514
445
445
3,618
2,413
902
78.1
257
304
93
109
272
319
no
201
38
365
057
01
11
303
02
77
087
322
005
309
1,448
098
131
1,246
393
1,085
700
431
76
268
38
227
009
112
1.172
208
702
46
82
187
40
534
108
1.38
181
295
1.422
179
247
694
4 614
1,156
1,328
713
6,130
1,499
1,855
2,203
595
765
396
399
810
252
098
231
1,320
1 615
'338
40
078
155
273
1,507
807
1,617
(574
3,625
1,343
65J
1,484
74(5
1,632
1,612
1, 354
193
735
210
50.1
1,534
•157
1, 736
362
1, 141
189
208
460
86
2,732
444
313
512
620
2,202
358
389
1,055
284
REPORT OF THE COMPTROLLER OF THE
CURRENCY,
TABLE NO. 49.—Cash in vault* of national hanks at dale of each report {luring year
ended September 14, 1923—Continued.
J l ' N K 30, 1023—Continued,
[in thousands of dollars.]
Clearing-house
certificates
(see. 5192).
Cities, States, and
Territories.
(5 old
coin.
Cold
(1)
certili- B ased
on
cates. gold
and
gold
certificates.
Standard
(2)
Based silver
dolon
other lars.
specie
and
lawful
money.
Subsid-
iary
Legal- Nasilver cer- tender tional
tifi- notes. bank
and
notes.
minor cates.
coin.
Silver
Federal
reserve
and Total
Federal re- cash.
serve
bank
notes.
OTHER RESERVE
CITIES—continued.
Los Angeles
Oakland
.
.
JSQJI Francisco
Ogden
Salt Lake Citv
Tctnl other reTotal nil reserve
cities
564
39
100
17
10
83
3
4 7S1
3,120
0 000 10,954
1 701
9S9
0S7
17
116
188
17
127
10
10
310
106
277
27
20
09
q
40
*>()
3?
50
1,753
6,010
4, 787
3 899 12, 717 34 069 72,393
">'
1.863
8,881
9. 123
8 149 14, 997 51 350.111,307
8
10
5
19
2
12
121
134
87
002
125
363
150
158
77
031
95
591
104
184
87
1 013
180
524
5ft
1,432
1, 702
2 158
2. 420
1 057
1 131
2 233
9,7
195
945
893
1 875
55
199
1 013 ft 004 11,614
1, 909 4 001 10, 539
< 857 11 82" 26, 746
322
97
194
15S
390 1,419
4 043
3 907
8, 187 22 014 50,840
16
1
126
05
3 r>6
38
79
9
3
2
9
3,141
5lfi
3 100
112
23H
1
COUNTRY HANKS.
Maine
. .
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States. .
349
02
IS*
48
47 . . . . . . .
28
17 /
5
,1
Total Eastern
States
Virginia
West Virginia
North CaroUna
South Carolina. .
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern
States
X45
m
till
05S
2 170
9K
118
Xew Vork
New Jersey
Pennsylvania
Delaware
Maryland
Ohio
Indiana
Illinois
Michigan
Wisconsin
MinnesotaIowa
Missouri
05
90
818
1,140
1,341
214
357
0
8
1.081
874
2.078
49
131
3 021
3, 519
470
4. 213
340
193
103
40
287
164
100
48
2S
30
111
20
13
117
35
102
140
80
31
8S
30
45
25
61
34
54
3S8
63
00
83
457
246
257
190
ISO
198
287
95
150
1.018
157
262
206
1,291
1,057
3,715
2 076
2 201
188
215
294
73
148
271
279
104
814
553
853
300
305
443
441
158
898
071
804
330
300
803
434
884
408
9T*
Kilt
2S1J
r
>0
40 5
l
n
230
192
2 362
,132
*>7I
880
- .
Total
Middle
Western States
North Dakota
South Dakota. . .
Nebraska
m
349
4'X>
470
191
(}
465
247
533 . . . . . .
195
211
120
194
85
f
>
490
?00
215
197
1 ?5
100
185
07
110
301
110
250
162
<>y]
3 497
2,050
1,572
3, 867
3 7.10
30
38
58
94
102
127
201
142
205
50
59
'>S8
97'{
114
04
81
K>:>
or
09?
150
021
402 1, 201
890
137
071
174
105
477
1 18
3Q9
387
1-12
773
144
SO
191
70
218
?70
932
V>0
9^9
899
109
222
691
?S0
109
785
390
242
105
!
>0
00
80
053
593
340
3 810
057
1 955
1,559
1,404
85B
7, 537
1,312
4. im
8 020 17, 220
9S9
1 ?n?
049
3ri7
430
901
652
;>••;!
478
1
()9*>
'103
712
091
4,261
3, 112
2,317
1,392
1,485
2,009
2, 502
S!0
1, 15*2
7,512
1 331
2, 756
2,287
9, 704
9 893 32, 95!)
450
014
3 900 10,170
513 0. 818
3 % 3 10. 12S
2 113 4,015
9 021 4. 3t>7
2,
1
1, 851
832
801
1, 059 1 7741
1 ••;n> '
1, O n
367
308
i.iV>7
4,32-t
I, 13(i
9, 970 18 027 40,481
308
351
441
410 i 1.252
49f ! 1,252
417 1, 558
285
RKPOBT 01' TJli: COJtPrUOM.Kl! OF THE CURRENCY.
TABLE N O . 49.—Cash in vaullx of national banks at dale of each report during year
ended September 1/if W2S—Continued.
TUXK -SO, 1923— Continued.
|In thousands of dollars.]
Cleari.rig-house1
cert if! rates i
(see 192). ;
Gold
(2)
Cold cercoin. tifi- Based Based
on
on
cates.
gold other
and specie
gold
and
pprtifi- lawful
cil.es. j money,
Cities, States, and
Territories.
!
Standard
silver
dollars.
TodSuboral
sid- Silver
Na- reserve
iary
Legal
and Total
silver cerFodtifiand cates. l l o t G S 'jnotes. erai re- cash.
minor
serve
coin.
bank
notes.
!
COUNTRY BANKS— -
continued.
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
!
!
i
308
159
82
330
f>8
20.}
Total Western j
j
States
i 1,510;
Washington
.j
.
3611
Oregon
i
422;
olO!
California
\
Idaho
Utah
Nevada
Arizona
i
;
!
. . .
j
87!
2f>!
4:}
70
1.42;
$
:
:
263
I !6
21.01.
25;.
115
:
:
:
:
"
•
•"{87;
I72i
S2j
209;
231
3f
25
81
."(V2
22
280
1. 188
2.0:>,5
:
"
.
7io:
I
133
89
291
73
7
19
O'J
59.
39|.
45
:i0
107
1(5
3
24:{
47
5:V
U3'
1;:
276.
:W5
646
289
1.2(k>
1.037
562
784
171
1.228
973 ;
150
42
239
i
:
4,961
6,007 18,300
•101
19!
209:
36;
2!
8!
287 1,419
374 1,041
1,107 2,9G0
i,MKI
322)
51.2J
35;
53
12.5
181;
9.56
:{,")9
3.516
2.002
l,2~)i»
2,559
f>97
4, 175
2,577
2,205
6.012
L238
'145
421
871
Total
Pacific
States
Alaska (nonmember
banks)
Hawaii (nonmember
banks)
* Total (noiimembcr banks)
Total country
banks
Total I'nlted
States
S K I ' T K M B E R 14, .192:*.
|Til thousands of dollar.'-'.J
Cities Slates, and Torrilorios.
New York.
Chicago
Central reserve cities
Clearing
house
Paper
cor llflcat es
(Miireacy
(Jold |Si]verand imsed on (oilier*
ruin or specie and! than
Cold coin. corI idother I gold
eates.
lawli.tl j ClM'tiflmoney ! eaies).
(see.' !
5192). !
621
(1,38.'J
1.628
1/272
8,011
1,606 I
l',214 i
Total
cash.
! I!), 109
• l:{, (25
27,719
16,618
•
:r>, 2:54 I
•i 1,31*7
1,511
782
1,226
780
6,579
5.1: JO
970
1,501
860
OTHER RESKKVE CITIES.
"Boston
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
8
21
19
183
71
90
lit
93
•162
90
M0 !
58 !
794 j
7,649
286
REPORT OF THE COMPTROLLER OF THE CURRENCY/
TABLE NO. 49.—Cash in vaults of national banks at date of each report during year
ended September 14, 1923—Continued.
SEPTEMBER 14, 1923-Continued.
[Tn thousands of dollars.]
Clearing
house
certifiPaper
cates currency
(other
than
gold
certificates).
Cities, States, and Territories.
OTHER RESERVE CITIES—continued.
Pittsburgh
Baltimore.
Washington
Richmond.
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
GaJveston
Houston
San Antonio
Waco
Little Rock
Louisville
Memphis.
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoiia.
Detroit
Grand Rapids.
Milwaukee
Minneapoli:
St. Paul
Cedar Rapids
Des Moines.
Dubuque
Sioux City
Kansas City, Mo
St. Joseph.
St Louis
Lincoln
Omaha.
Kansas City, Ivans
Topeka.
Wichita.
Helena
Denver
Pueblo.
Muskogee
Oklahoma Cily
Tulsa..
Seattle
Spokane
Tacoma.
Portland
Los Angeles
Oakland...
»San Francisco
Ogden
Salt Lake Citv
5,394
2,051
.1,473
713
1.052
380
512
532
1,136
223
811
183
1,404
1,389
324
70
1,145
321
470
2,082
' 865
2,372
1.014
3.201
1 , 329
'
(>8
Total other reserve cities
4,880 I
Total all reserve cities
~152~i
Maine..
New Hampshire.
Vermont
94
103
62
3,385 |
lT, 396
43
41
40
KKPOttT OK THE ('OMPTROLT.ET? OF THE CURRENCY.
287
TABLE N O . 49.— Cash in vaults of national banks at date of each report during year
ended September Uh 1928—Continued.
SEPTEMBER 1-1, 1923-CoiitimicM].
[In thousands of dollars.]
Gold
0 old coin. certificates.
lilies, Slates, :\m\ Territories.
Clearing
hou.se
.Pis per
certificates
currency
Silver and based on ('other
than
minor specie and
gold
com.
ot. her
certifilawful
cates).
inonev
Total
cash.
i'sec.
.VI92).
COUNTRY HANKS -continued.
307
08
194
888 |
IVfassnchusetls
Rhode Island
('onnecticut
Total Now England States....
New York
New* Jersey
'Pennsylvania
Delaware
Maryland
705
002
•221
30
114
732 |
Tola] Eastern State-
174
17
285
7,950
1,271
4,936
9,252
1,492
5,809
000
1,217
4
238
4,159
340
193
107
50
131
97
293
53
01
478
102
226
202
5,831
4,078
3,422
2,105
2,240
2,081
3,144
1,245
1 546
10,211
2,042
4,162
3,131
338
108
127
48
20
32
119
48
1
1,393
Virginia
West Virginia
North ('arolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Toial Southern Sta
756
136
1,333
I:M
30
105
91
13,018
8,700
12,091
5,500
5.299
A, 759
5,130
1,915
Tot al Middle West em Sf a t cs
'
3,732
North Dakota
(South Dakota
.Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Wosn-ni stai
"Washington
O
r
e
g
o
n
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
1,336
1,306
1,095
3,877
2,111
1,057
2, WH
880
5,001
"
,
I
;
Alaska (nonmember banks)
1 Lawaii (nonmember banks)
90 !
'20 j
Total (nonmember banks)
;
Total Country linnks
;
Total United States
539
90
2S
48
97
j
lit)'
13,918
20,070
9,026 I
20,422 "1
21,085
TABLE NO. 50.—--Circulation of national banks at date of each report during year ended September 14, 1928.
00
00
[In thousands of dollars.]
Dec. 29, 1922.
Received
from
Comptroller.
Cities, States, and Territories.
New York
Chicago
Central reserve cities.
On
hand.
Apr. 3, 1923.
Outstanding
Received
from
Comptroller.
30,2S9
622
35,667
575
38,975
2,255
30,864
022
30,242
002
115
152
43
On
hand.
J u n e 30, 1923.
Outstanding.
Received
from
Comptroller.
On
hand.
Sept. 14,1923.
Outstanding.
Received
from
Comptroller.
I
Outstanding.
On
hand.
1,183
41
37,800
2,5X4
38,874
2,075
753
38,121
2,670
40,010
39,049
2,025
41,074
1,224 I
40,450
41,549
758 I
40,791
2,236
3,778
092
3,085
0,955
22,103
0,158
5,002
2,283
2,709
1,850
400
3,400
7,057
23,005
0,282
5,753
2,347
150
42
3
78
172
931
323
143
91
2,559
1, S()S
397
3,322
0,885
22,134
5,959
5,010
2,250
3,209
1,850
400
3.500
0J757
23,215
6,282
5,753
2,347
18 I
3,191
2,078
1,316
1,635
.1,520
4,885
1,427
1,600
352
5,1-12
3,991
1,767
307
4,155
848
2,211.
7,940
4,471
3,806
2,474
6,5S5
2,700
1,330
1,050
1,520
5,109
1,455
1,000
355
5,200
4,050
1,800
143
33
104
22
116
01
45
8
135
101
47
13
121
27
79
324
128
84
82
292
2,557
1,297
1,540
1,498
4,993
1,394
1,555
2,700
1,330
1,050
1,520
5,109
1,455
1,000 J
347
5,065
3,949
1,753
357
4,039
823
2,151
7,644
4,472
3,321
2,418
7,147
355
5,200
4,050
1,800
370
4,100
950
2,230
7,972
4,000
3,405
2,500
7,337
1
37,762
2,24S
41,230
1,213
7
1,220
2,173
1,783
700
3,100
7,377
22,203
0,007
5,001
2,354
1,850
2,054
1,221
1,628
1,520
2,259
1,850
700
3,100
7,057
22,805
6,282
5,753
2,347
23
72
8
15
102
402
124
91
04
4,900
1,444
1,594
350
5,200
3,840
1 771
367
4,100
847
2,220
7,894
4,504
3,208
2,472
6,617
4,935
lj-155
1,000
355
5,200
4,025
1,800
370
4,100
850
2,230
7,908
4,(300
li, 905
2,500
6,637
OTHER RESERVE CITIES.
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
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
I
2,1S4
.1,850
700
3,100
7,432
22,805
0,182
5,753
2,397
1,850
2,700
1,230
1,050
J,520
4,900
1,455
1,(300
355 I
5,200 !
3,850
3,800
370 !
4,100 i.
850
2,230
7,908
4,600
3,223
2,500
6,637
74 I
90
35
23
20
2,700
1,330
1,035
1,520
50
28
3
58
34
33
3
5
2
19
28
129
99
26
52
370
4,100
850
2,230
7,908
4,000
3,405
2,500
7,439
II
35
SO •
2S5
150
99
34
,
i
'
!
i;so:
398
3, 405
0,671
22,930
0,126
5,654
2,313
2
2,008
1,310
1,043
1,504
5,087
1,155
1,580
15
5
15
4
130
38
18
35
352
5,144
3,989
1,790
370
4,145
945
2,215
7,968
4,470
3,367
2,482
7,302
|
o
Hi
Chicago.
...
Pcoria
Detroit
Grand Rapids ..
Milwaukee
Minneapolis
St Paul
Cedar Rapids
Des \foines
Dubuquc - Sioux City
Kansas City Mo
St. J o s e p h / . . . .
St. Louis
Lincoln
Omaha..
Kansas City, Kans
Topeka
i 850
. . . .
90
23
400
2
6
21
975
2,088
Oklahoma C it v. .
Tulsa
1
Seattle
Spokane
Tacoma
Portland.
Los Angeles. .
Oakland
San Franc'sco
Ogden
Salt Lake Citv
Total other reserve cil ic<
Total all reserve cities
9
71
13
29
10
845
9,817
570
1,737
500
000
100
350
Helena
Denver.
Pueblo
9'
25
1,905
2,000
3,059
2; 741
1,250
800
1,555
47
3
2
9
2
3
1.405
'400
1,150
1,011
10
4
19
903
4
1,035
2,250
700
1.925
5,390
1,000
17,750
2
ib
101
78
04
1,950
187,580
2,185
!,8l 1
1 S'T»
1 815
1,977
3,050
2,070
1,237
771
1,545
398
909
2,007
845
9,770
567
1,735
491.
598
97
350
1,395
390
1,131
1,009
959
1,035
2,240
700
1,824
5,312
1,000
17,080
775
1,917
1,035
2,250
700
1,825
5,411
1,000
10,730
775
1,950
201
185,395
185,741
2,470
1 . S2:-S
1 s5()
1 905
2,000
3,059
2,700
1,810
800
1,555
400
975
2,088
844
9,914
570
1,738
500
600
100
350
(j
31
53
4
25
1
29
15
4
52
9
163
2
18
7
11
1
1,100
3
400
4
7
1,150
1,011
963
12
2
15
12
104
81
71
53
2,047
118
84
39
30
12
.1.902
1 797
i, 790
1,952
3,5!1
2,732
1,771
770
544
9
28
391
947
400
975
LSI 7
1 si 9
1' 852
2^000
3, (555
2,741
1,809
771
1,540
1,973
1' 905
2,000
3,059
2,810
.1,810
800
550
109
48
400
971
400
975
2,030
1,988
CM
1,933
835
844
23
821
9,751
508
1.720
'493
589
10,149
570
1,737
500
600
320
12
100
3
9,829
558
1,710
490
586
99
350
1,097
1,100
27
10
14
12
396
400
4
1,143
1,006
1,135
1,035
93
951
903
1,033
2,235
OSS
1,721
5,210
1,600
10,055
775
1,923
2,007
2,250
700
1,725
5,425
1,000
10,750
775
1,950
13
23
25
50
17
80
179
30
321
15
31
97
350
1,088
396
1,122
1.012
'940
1,982
2,194
683
1,045
5,240
1,564
10,429
700
1,91.0
20
1 850
1.905
2,000
3,059
3,252
1,810
800
000
1,988
844
10,353
570
1,737
'500
000
100
350
950
400
1,150
1.035
903
2,007
2,250
700
1,050
5,425
1 850
15 150
775
1,950
2,027
1 Slti
1^905
33
45
43
8
11
1
5
29
13
90
9
4
3
7
3,059
3,207
1,707
792
595
399
970
1,959
831
10,257
501
1,733
497
O
^
H
593
zn
100
350
,3
s
9
1
10
12
48
109
62
144
g
Li
2
2
£j
950
395
1,147
1,027
954
2,000
2,234
688
1,602
5,316
l'78S
15,000
774
1,933
~
~
r
^
r:
-i
"•
~
L-
—
-^
-^
^
183,271
180,551
5,801
180,750
180,207
1
17
2,055
18 L152
X
7,025
221,200
227,750
2, Hi 3
224,943
^
185
5,430
4,970
4,140
17,407
81
47
35
202
08
135
5 540
5,071
4,215
^
^
^
j x, 008
^
4,705
12,828
£
508
50,427
224,444
2,807
221,037
220,971
3,090
223,281
228,225
5,033
5,317
4,420
17,795
4,772
13,013
01
5,509
5,001
4,379
17,520
4, 083
12,810
5,071
5,3 IS
4,251
17,875
4' 773
12,903
111
50
47
209
sy
197
47
270
5,621
5,117
4,251
18,020
4,773
12,903
013
08
214
5,500
5,003
4,204
17.005
4,705
12,749
178
452
1^?
5,021
5,118
4,250
18,270
4,773
12,903
5(), 750
722
50,034
50,651
705
49,8S0
50,745
1,080
49,065
50,995
COUNTRY BANKS.
Maine
New Hampshire
Vermont.
. . . . .
Massachusetts
.Rhode Island
Connecticut
Total New England States
Terminated as reserve city Mar. l, 1923.
289
1
141
111
TABLE XO. 50.—Circulation of national banks at date of each report during year ended September 14, 1023—Continued.
to
[In thousands of dollars.]
O
CD
Cities, States, and Territories.
Received
from
Comptroller.
On
hand.
Sept. 14, 1923.
June 30, 1923.
A p r . 3, 1923.
Dec. 29,1922.
R eccived
from
Comptroller.
Received
from
Comptroller.
Outstanding.
Received
from
Comptroller.
33,278
16,132
()5 147
1,109
3,863
33, soe
16,699
00,524
1,133
3, S93
466
226
981
16
28
33,400
16,473
65,543
1,117
3,865
34,306
16,779
66,165
1,153
3,868
687
392
1,709
30
97
33,619
10,387
04,456
1.123
3,771
34,531
17,071
06,398
1,153
3,868
412
323
919
28
38
34,119
16,748
65,479
1,125
3,830
122,115
1,717
120,398
122,271
2,915
119,356
123,021
1,720
121,301
19,880
10,598
8,858
8,578
7,874
4,623
8,666
2,889
2,90S
25,874
3 940
12 027
10,037
170
111
199
79
70
70
73
42
26
191
36
131
91
19,710
10,487
8,659
8,499
7,804
4 553
8,593
2,847
2,942
25,683
3 904
11,896
9,946
20,130
10,687
S,799
8,424
7,885
4,663
8,711
2,889
2,968
20,024
4,010
12,125
9,959
19.673
10,355
8,498
8,205
7.654
4,547
8,480
2,790
2,900
25,320
3,873
11,786
9,616
20,118
10,712
8,814
7,449
7,874
4,512
8,715
2,889
2,968
25,920
4,028
12,077
10,1S7
192
155
102
94
62
34
89
34
38
2 IS
51
122
77
19,92C
10,557
S, 712
7,355
7,812
1,478
8,626
2,S55
2,930
25,702
3,977
11,955
10,110
126,812
1, 2X9
125,523
127,274
3,577
123,697
126, 263
1,268
124,995
312
ISO
223
148
J31
93
132
30
29,214
21,530
20,690
9,084
1 i, 482
11,677
16,524
5,718
29,626
21,715
20,991
9,552
11,664
11,857
16,657
5,631
728
007
750
315
208
209
306
133
28,898
21,108
26,241
9/237
11,396
11,648
16,291
5,498
29,650
21,549
27,378
9,672
11,734
31,917
16,660
5,643
364
233
305
169
122
77
119
41
1,255
131,919
133,693
3,370
130,317
134,209
1,430
On
hand.
Outstanding.
On
hand.
Outstanding.
On
hand.
Outstanding.
COUNTRY BANKS—continued.
New York
New Jersey
Pennsylvania
Delaware
Maryland
33,714
16,401
65 999
1,123
3,893
121,130
Total Eastern States
Virginia..
West Virginia
North Carolina
South Carolina .
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky Tennessee
1,001
19,415
10,515
8,690
(1,728
7,802
4,009
8,866
2,889
2,808
26, .1.74
3 915
11 946
9,859
Total Southern States
Ohio
Indiana
Illinois . .
Michigan..
"Wisconsin
Minnesota
Iowa
Missouri
436
209
852
11
30
124,336
.
. .
Total Middle Western States
.
.
2JT99T
21 715
20 596
8 902
11,524
U 71*)
10 629
5,748
132,825
107
108
79
07
24
29
86
34
20
157
31
78
96
119,529
19,308
10,407
8,011
0,601
7,778
4 640
8 780
2,855
2,846
20,017
3 8S4
] 1 868
9,763
91S
123,418
•jn-i
is;]
'"'00
114
50
103
13
29,697
21 53 i
26,390
8,788
11,449
11,664
Hi, 526
5,735
1,042
131,783
29,526
21,716
20,913
9,232
11,013
11 770
16,050
5,748
133,174
457 :
332
301
219
231
116 !
231
99 •
'
(iS
704
137
339
343
29,292
21 316
27,073
9,503
11,612
11 840
16,541
5, M2
132,779
North Dakota .
South T^akota
Nebraska
Kansas
" on tan a
M
Colorado
Now Mexico
Oklahoma
Total Western States
"Washington
Ore con
California
idaho..
Nevada
Arizona
Total Pnciti'1 Ptate^
\laska (nonmciubcr bank^)
Hawaii (nonmember banks;
4,615
- -
4,*29
4.086
7,085
9,959
3,371
2,192
5,009
2,250
8,728
49
300
3,415
2,395
5,009
2,251
8,702
17
7
21
12
32
4,593
4,144
7,051.
9,785
3,398
2,3*8
4,9*K
2,239
8, 070
47,477
221
47,256
47,809
2 977
4 139
10,463
3,294
' 595
1,229
5,223
33
41
130
2,944
4 098
16'. 327
X, 207
500
1,21*
2 882
4 138
16'364
3,044
595
1,229
11.8
44
" 9 01J0
2»iO
29, MO
2<>, 421
30;.
7,081
17
33
(SO
45(1
5
11
7
9
37
72
27
34
40
17
59
( .-
50
9
s
< • ;
441
150
4,841
4,164
7,072
10,019
3,371
2,480
5,008
2,250
8,66t
74
03
118
219
76
47
100
42
223
4,767
4, lOi
6,954
9,800
3,295
2,433
4,908
2,208
.*., 441
4,816
4,164
7,072
9,918
3.196
2,580
4 ; 914
2,250
8,528
21
19
55
76
27
26
41
13
64
4,795
4,145
7,017
9,842
3,169
2,554
4,873
2,237
8,464
..
5
£
47,449
*7,Sfi9
002
46,907
47,43*
342
47,096
g
2,817
4 082
16,246
3,000
5*6
1,221
i, ] 00
2,894
4 113
16,508
3,044
595
1,229
11073
64
60
328
3,001.
4,113
16,784
3,034
595
1,229
1,073
51
2,950
1 055
C
33
28
2,830
4,053
Hi, 240
2,996
5*7
1,196
.1.045
7
2,OSS
592
1,203
1,066
^
H
^
^
29,118
29,510
5<-.9
2*,947
2 9 , X2S)
3<M)
29,439
1
•1,101
62
450
63
4
150
if)
59
410
499
4,7*0 |
4,061
7,01*
9,887
3,314
2,458
4,909
2,233
8,669
10
440
48
8
.150
5S
199
46
;.j
26
:
^
^
512
10
502
512
10
502
513
1
5.12
513
14
Total country banks
500,950
4,771
502,i*2
510,497
5,702
501,795
511,8*1
13,0*0
49*,*01
511,755
5,71*
506.037
t-i
Total United Sf nfes
731,400
7,5*1
723,810
737, 10*
9,392
72*,070
7-{0, 106
20,105
720,001
7i.0,02-l
*, 515
731,479
\ri
Total (nonmember banks)
2
3
o
fcO
TABLE N O . 51.—Gold, silver, coin certificates, legal lenders, and currency certificates held h>j national banks at date of each report from
January 13, 1914, to September 1/H 19X3.
to
to
[For prior years see annual report 1920.]
[In thousands of dollars.]
Gold
Treasury
oeriificales.
Clearinghouse cerlificales
(sec. 5192).
United
States certificates
for gold
deposited.1
314,810
333,012
321,729
308,005
315,862
200,179
79,413
87,933
99,901
84,326
73,906
44,196
45,150
55,070
54,875
38,820
39,230
19,255
15,180
14,530
14,293
12.692
12,810
J4,009
1 is',
205,095
224,056
270.040
327,073
349,984
205,410
64,848
70.932
74,059
01,509
59,568
S3,904
4
6
6
5
5
5
119,897
117,114
117,199
122,079
127,599
120,306
310,064
281,170
284,089
2X0,418
320,574
310,027
87,749
7s,sol
66,071
77,546
Co.623
07,259
118,433
116,897
116,9S3
79,5*9
70,002
01,560
343,784
305,597
224,515
(<)
(«)
67,315
59,746
55,985
6.697
15,431
13,661
52,394
44,2u2
34,261
53,3!S
12,359
12,()yS
Cold
Date.
coin.
O
bllver
Fractional 2 Legal-ten- ' Paper 8 I TotallawTruasury
eomlicares. ;ilver coin. def notes, currency. fill money.
!
Silver
icilar'
lolJai
-
O
H
Jan.
Mar.
J une
Sept. 1 2 . .
Oct. 3 1 . . .
Dec. 3 1 . . .
1 U),
I *>0,
162,
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
983,919
90S,067
909,075
903, 707
925,553
0f>3,228
13,514
12,001
12,427
12,094
J 1,473
11,778
11">,736
100,544
110,529
118,528
111,074
103, 860
22,534
20,195
21,192
20,800
20,975
21,375
127,091
122,765 j
114,978
118,11.7
718,944
735.249
789.781
S42.609
840.775
807, 880
56,170
41,365
40,735
43,684
41,738
38,636
11,897
11,737
11,812
11,762
11.991
13,083
101,293
109,365
2
2
2
2
2
2
,710
,013
,168
,869
,402
,498
124,833
113,890
117,521
105,101
101,496
108,847
833,613
777) 455
758, 003
768,123
788,344
785.946
H
42,823
37,270
16,695
13,025
13,399
13,434
& 39,445
&
42,007
'" 45,122
97,240
102,612
105,330
23,378
23,980
23,738
(r)
107,994
103,828
305,147
(*)
()
S
367,918
388', 6 8 0
411. 783
813,992
703,329
00j,833
493.009
516.120
532,120
M l , 653
74,850
11\170
53,317
210,115
303,435
161,7&)
449,719
463,494
382,701
i
j
|
I
!
H
Mar. 4
May 1
June 2 S
2
Nov.* 10
Dec. 31
121,
117;
121,
IK),
127.
5
1
3
0
1
4
,935
,910
,115
,170
,605
,960
128,000 j
1J J ^ 2-10 j
r
c
1916.
Mar. 7
Mavl
June 30
Sept. 12
Nov. 17
Dec. 27
3917.
Mar.
M a v
J u n e
Sept.
N o v .
Dec.
5
1
20
11
20
31
!
I
i
i
S
1918.
1
1
1
0
1
2
!
]
Mar. 4
M a y 10
J u n e 29
9X, 505
100,664
97,921
104, (500
!
'
j
42,910
4
)
('•')
2S
39,034
s
t=i
Aug. 31
Nov. I
Dec. 31
30,117
27,071
2I,72.')
!
Mar. 4
May 12
•
0)
25,590
25, :*-',x
(4)
f
3-1,407
J u n e 30
2."), 8 .W
28,201
Sept. 12
Nov. 17
Dec. 31
2o, 130
21. 330
21,230
(4)
1920.
Feb.2S
May 4
June 30...
Sept. 8
Nov. 15
Dec. 29
•
•
.
"
19-ji.
Feb. 21
Apr. 28
June 3U
Sept. 0
Dec. 31.
22,234
22,357
21,532
22,516
23,510
20,GSO
0)
0)
27,259
(4)
0)
•'37.97s
» 12,521.
12J10
11,884
il,5'iO
11.425
11,229 . . . .
•;;••;
11,151
10,9'0 . . .
10,*72
10,859
10,878
:
( 0
t • <
i i i
(j)
MO,018
(i)
(!)
45,10!
(')
M
.
;
^
32,073
(•'•')
12,5r>4
H,025
^ 4I5.358
5 43,473
* 45,431
&40,839
M3,2J5
10,424
30,917
M l ! 003
•-••17,991
(4)
10
20
72
55
M3.880
("0
35,SIS
C)
10,802
10,*30
9,805
8,858
9,058
3,813
31,328
(•'')
'-> 4l>. 3 5 0
33,193
(*)
/\\
34,300
(*)
2s;i >s57
362,100
301,130
443,82*
522.003
353,00'^
375,355
238,OSO
359,851
371,373
431,000
435, W.I
455,309
424,455
439 211
450,041
508,005
302,S1G
379,875
2X2,801
397,822
370', 800
421,910
370,751
450,283
450,351
471,540
148.037
494, iOO
'AM 035
238,501
3M7,77;{
402 '^23
374,319
2OS!104
;"«..', 7S1
34l'sil
:
21,745
21, 133
i
(•')
21)! 819
19;300
22,951
19,333
17,3S9
20,347
2UJ 851
2d; 438
20,702
19,054
17,013
17,520
IS,359
17,209
15,041
5
7
108
19,995
19,811
20, 070
10,903
19,308
20,422
182
50
55
•> 4x'.7X5
9.099
-30,790
>' 30,949
24,195
31,331
n)
20,957
1922,
Mar. 10
Mav 5
J u n e SO
Seut. 15
Dee. 29
:
1923.
Apr. 3
June 30
Sept. 14
3
2
3
4
;
!
j
I
!
!
1
25
•' 30,1S2
'35,153
7.771
23,012
27,114
24,421
202,493
200.908
2H5 001
259,572
320,309
330,06")
331,504
:V>(i,l*l
331,951..
391,840
25,598
(•v)
21,272
287,199
175,149
284,903
359,147
291,108
301,485
•'lit'341
-37,205
< 34,808
•
0,910
&35,975
(4)
23,004
0)
Bojiinnini; $vpl. 11, .1917, included \vii.h gold Trv.-asury cvrlilicaies.
Beginning Di^;. 31, 1914, inclndf.'S minor ooin.
Beginning Hopi. 11, 1917, include:-? all United Slates papiT currency and bank notes except on the dates when shown uiidiT tlie respective )ieadings.
Included with paper currency on these? dates.
s Fractional silver and minor coin included vviih silver dollars on these dates.
to
CD
CO
to
CO
TABLE NO. 52.—Specie held by national banks in the city of New York on dates indicated, 1914 to 1923,
[For prior years see annua Jroport J920.]
[In thousands of dollars.]
Date.
Gold coin.
Gold
ClearingTreasury
Gold
house
Treasury certificates certificates
payable
certificates.
(sec. 5192).
to order.
Silver
dollars.
Silver
Treasury
certificates.
Fractional
silver
coin.
Paper
currency.
1914.
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
1,358
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
Jan.13..
Mar. 4 . . .
June 30..
Sept. 12.
Oct. 3 1 . .
Dec. 3 1 . .
82,110
101,105
145 144
190,450
209,547
154,203
31,580
4S, 000
50,150
42,9()0
38,370
39,890
41,950
49,230
53,270
43,090
41,890
6-4,370
45
49
52
53
41
41
47,898
36,371
37,302
49,432
38,009
33,167
1,054
1,109
1,057
1,138
1,551
l',275
209,138
239,989
290,945
333,222
338,876
300,101
1915.
Mar. 4 . . .
May 1 . . .
J line 2 3 . .
Sept. 2 . .
Nov. 10..
Dec. 31..
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
1,454
1,455
1,411
5,957
5,655
5,384
3,283
3,123
3,079
191S.
Mar. 4 . . .
May 10..
June 29..
Aug. 3 1 . .
W
W
300,493
258,646
250,902
238,162
262,140
256,671
177,507
136,178
64,078
28.540
22,980
4,750
(^
4S
47
46
3
1,741
2
2,029
3 4, .572
22,946
22.959
24,603
1,343
1,672
1,659
0)
0)
46,370
45,050
42,370
3,400
11,270
11,010
64,421
69,792
67,513
282,710
234,541
142,S90
72,845
86,214
86,174
0 2m
2,367
J, 990
2,153
15,448
<l)
M,9SS
0)
0)
(•<)
0)
11,360
11,150
10,855
11,220
21,854
2 2,727
21
-' 2,029
22,638
59,802
24,022
47,922
70,178
76,046
66,191
63,324
d
1917.
Mar. 5 . . .
May 1 . . .
June 20..
Sept. 11.
Nov. 20..
Dec. 3 1 . .
3
C
1916.
Mar. 7 . . .
May 1 . . .
June 30..
Sept. 12.
Nov. 17.
Dec. 2 7 . .
l-r
0)
0)
(l)
0)
0)
16,660 I
12,593 !
0)
i
1,722
ft
Nov. I . .
Dec. 31.
2,246 ;
1,745 i
!
f1)
10, SOO
1.0, SOO
2 2,303
10, 800
10,800
10,803
10, 800
10,800
10,800
=2,175
2 2,0S4
49
(V)
11,422
1,569
54,795
37,273
70,114
76,678
.1.91!).
:
M ar. 4
Ma v 12
J u n o 30
S e p t . 12
N o v . 17
:
•
'
'
D e c 31
i
1920.
Fob.2s.
May 4 . . .
Juno 30.
Sepfc.S..
Nov. 1").
Dec. 29.,
Feb.21.
Apr. 2-..
Juno 30.
Scpt.fi..
D e c 31 .
1, 9Sl
| , S72
1, S60
1.770
!, .1.16
C11)
C)
J,322
0)
1,289
1,162
1,131
1,296
1,930
1,430
1,141
1,103
],053
045
934
C1)
C1l)
()
12,503
10,359
8,763
(
0)
()
10,800
10,800
9,814
8,800
9,630
3, SOO
60
z 2,060
2 2,528
2 2,330
2 1.993
2 2,152
43
2 2,424
2 2,496
2 3,052
= 2,069
2
2,537
17
2 1.5.16
- 1^791
()
1
C)
1,504
9,8*4
C1)
C1)
0)
0)
0)
5,808
C1)
(*>
(0
()
5,773
:
2,319
52,389
54,158
29,322
52,865
55.430
62,057
47, 096
50,601
36,661
59,438
53,498
58,702
67,345
m, 914
64,843
67,495
70,314
76,509
61,178
64,715
68,965
71,958
67,554
66.984
o
3
H
w-.
1, 75S
47,11'.)
52,710
31,9S9
33,194
33)424
50,329
56.350
53', 093
46,014
•M,»i2
C
M
•
•-"!
C
Mar.
May
Juno.
Sop to
Dec. 29.
942
999
764
729
930
8.677
8, 653
8,576
8,106
5,003
()
2.1,789
2 1,825
1>
2 1,70.1
21.801
0)
1
2 1,420
11
3
1,606
1
1923.
Apr 3 . . .
Juno 3i)..
Sept 14..
642
014
621
7,218
6.328
6; as*
C)
3.76!
C1)
0)
1, 690
C)
2,638
1,314
33,091
31,412
25, 539
28,068
31,214
44,499
42,919
40,351
38,604
38,954
23,901
14. 793
19!109
33.181
25,60S
27.719
£
PS
o
H
w
1
3
hcat.es.
Included with paper (Currency.
- Includes fractional silver and minor coin.
Included with gold Treasury certiheal.es.
d
XOTK. F^^crinnin^ with reports for Sr.pt. II, 1 ;>• 7*, national bank nofos. le^ai fender 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 I'nited 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.
O
Kj
to
CD
296
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE X O . 53.—Reserve held by national banks as shown bjj report* September 11,
1917, and subsequent dates.
[In thousands of dollars.]
Dale.
Sept. 11, 1917
Nov. 20, 1917
Deo. 31,1917
Mar. 4,1918
May 10. 1918
Juiie29,191 <
Aug. 31,191*
Nov. 1,1918
Doe. 31,1918
Mar. 4,1919
May 12,1919
Juno .SO, 1919
Sept. 12, 1919
Nov. .17, 1919... .
Dec. 31. I9L9..
Feb. 2s! 1920....
May 4, 1920
Juiio 30, 1920
Hei> t. S, 1920
Nov. 15,1920
Dec. 29,1920
Feb. 21,1921.
Apr. 28,1921
June 30,1921
Sept. 0, 1921
Dec. 31,1921
Mar. 10, 1922
May 5,1922
June 30, 1922
.Sept. 15, 1922
Doo. 29, 1922
Apr. 3, 192*
June 30, 1923
Sept. 14, 1923
1
K umber Nei amount
on which
of
reserve is
banks.
com puled.
7,638
7,656
7, 662
7,670
7,688
7, 705
7. 72*
7; 754
7, 767
7,761
7,773
7, 7S5
7,821
7, 805
7, 890
7,933
7,990
s, oao
x, 093
8, !23
8,130
8,113
8,152
8,154
S, 155
8,169
X, 197
8,230
8, 249
8,240
8, 225
8,229
8,241
8,239
10,082, 779
10,348,806
10,556, 54 r>
10,462,409
10,310,417
10.127,916
io; 456,659
10, 767, 510
11,.562,483
11,283,710
11,718,093
11,576,140
12,274,272
12,721,467
12,825,311
12,994,198
12,806,588
12,727, 792
12,693,655
12,493,179
12,078,6<>1
11,654,918
11.134,115
11,016,794
10.822,801
11. 141,891
11.271,100
11,471,231
11, 816, 544
12,051,224
.12,349,01S
12,221,916
12,186,055
12,277,560
Amount of
reserve required.
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
1,204,920
1,211,602
1.225,025
J, 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
1,136.091
1,161,292
1, 132,927
1,129, 755
1,135,859
Amount duo
from Federal
reserve
banks.*
1,048,425
1.080,075
I' 114,081.
1,074,211
1,306,862
1,131,674
1,113,667
1,101,629
1,182,608
1,151,145
1.180,961
1,211,079
I,229,533
1,264,482
1,314,302
1.288,169
1,267,823
1,247,096
1,232,039
1,220,152
I,187,251
1,130,402
1.078,730
1,041,760
1,031,408
1,145,074
1,126,793
1,152,111
1, I.52; 833
1,233,717
1,222,4()4
1,181,428
1, 114,516
1,171,274
Pereeniago
of amounts
due from
Federal reserve banks
to amounton which
reserve i;
computed.
10.40
10.44
10. r>5
10.27
10.74
11.17
10.65
10.23
10. 2:J
10. 20
10. O
X
10. -!*>
10.0">
0. 94
10. 25
9. 91
9.90
s.m
0.71
9.77
9.83
9.. 70
9.6D
9, 46
9.5:{
10.2H
9.91
10. 04
9.76
10. 24
9.90
9 07
9. it.)
9.54
Includes cash in vault and due from approved reserve agents of nonmember national banks in Ala
and Hawaii.
TABLE N O . 54.—Reserve compulation of 'national banks at date of each report daring year ended September l/h 1923.
[In thousands of dollar:-.j
Apr. 3, 1923.
Dor. 29, 1922.
Net
Net
a mounts
duo from
amount
bn.nks not
on which
included
reserve is
in reserve computed.
calculation. 1
Cities, States, and Territories.
New York
Chicago
Central reserve cities..
O T H K R KK.SKKVli ClTJI-.s.
7,2S4
378
2,503,011
014,032
7,602 ; 3,117,043 |
Amount
of reserve
required.
325,392
79,824
405,210!
A mount
of lawful
reserve
with
Federal
reserve
banks.
332,183
81,815
416,998 j
Net
Per cent
Not
amounts
to net
amount I A mount
due from
amount
on which j ol' reserve
banks not
on which
reserve is j required.
included,
reserve is
i n reserve computed. J
computed. calculation. 1 !
13.27
13.81
13.38
9,439 I 2,169,384 ,
1(52 I
598,48S |
282,020
77, -S03
9,001
Amount
oikwful
reserve.
with
Federal
reserve
banks.
Per rent
:iet
unit
Inch
vo is
eomi utod.
O
H
O
:j;"it», S23
I 2.767,872 1
291, GS3 !
75,916
13. 15
12. OX
i
Boston
i
30,336
377,717 i
37,772
9. (.)9
10.33
303,791
36,379
39,027
I.. 820 i
1,783 ;
Albany
\.
7,2<U :
47,870 i
4,7S7
13.98
60,9%
0,100
ll.yi
6,692
4,442 I
Brooklyn and Bronx
!
37,000 |
505 •
3,706
9.29
712 J
38,451
3,8*5
3,443
2,m :
Buffalo
•
37,082
S.94
2.290
37.490
3,70S
3,3641
759 :
1-1,02:5 :
449,870
Philadelphia
!
10.74
0,231 !
426' 549
42' 655
10.32
41,987
48,320
.,317 !
30,14! I
250,102
Pittsburgh
i
9.65
319 j
279,312
if). 7!)
25,610
2^,724
199!
27,931
N,590 j
92, G G
O
ft. 55
874 .
*). 09
Baltimore
!
9,267
8,845
88,632
,046 !
*', sm
7,650 !
70,831 i
10.08
1,139 I
10. 2!)
7,136
Washington
I
,403 i
7,083
74.410
7,441
4,859 !
49,2S2 i
10.51
10.32
5, 1.78
Richmond
!
4.928
47,102
• 57;
114
4,71.0
9,899
9.50
'990
Charleston
I
941 j
521
46,033 :
9.35
Atlanta
!
4,305 !
3,730 :
4,603
36,833
10. !5
577
3,683
j
Savannah
)
10.05
2,300
27, J
Jacksonville
•
519
23,599
2,371 j
167
2.(412 :
«». 17
590
2,760
!
11.36
2,012
2; 322
Birmingham
!, L26
20,119 '
2,285 i
987
20.1
IKi
2.041
11.37
:
10.71
2,938
827
2,783
New Orleans
.
29,377
3,1.46 !
27, t.
9. 5 5
9.39
25S
0,053
395
Dallas
60,527 !
5,685 I
64.2
10. #51.
(), 42(i
.,083 1
i,44s j
9.82
l,05S
1, 6S5
El Paso
:
16,583 i
1,629
675
10,*853
77 I
12.35
3,279
Fort Worth
!.
32,78S i
4.048
35,5
322
22S
3,523
10. on
12.37
422
(>}2
6,4
508
629
120
(«al veston
!
So
12.18
59,4
5,944
Gn,149 j
6,515
7,936
439
Houston
j
37(3
10.37
590
10.61.
25, C
25,485
2; 548
2,703
049
2.7S4 i
2 505
659
G39
San Antonio
!
ill. S5
11.14
11,2
11.137 !
1,114
1,241.
I 101 !
237
754
567
l) 124
Waco
I
11.66
' 489 :
4:556 I
4,4
448
480
120 i
456
531
59 I
Little Rock
j
13.23
56,084
59,-]
ui'rj
5,609
439
5,914
7,419
Louisville
10.42
12,473
12,1
1)3*0 j
"346" I
l!.::4
1,247
1,300 I
387 i
Memphis
j
108
1,217
!
S. 33
28,094
30, I
10. -<:;
2. 869
503
411
3,175 j
3,014
Nashville
490 !
2,391 ;
9.65
SO, 437
84,:]
S, 044
647
10. 17
3S2
Cincinnati
8,5*2 i
717 :|
7.760 .
9.02
.'',9.372
47,:" \89
3,937
11. is
1,236
Cleveland
!
,2SS
5,299 '
4)739
3,552 r
1
This a m o u n t represents the not a m o u n t due from banks, as shown by !he reports of /.hose banks who. ;e balances due from exceed t h e b.-ilnnces dn< to bank:;, and must be
rove the apparent a m o u n t of liabilities u p o n which reserve is required. C e n i l i e d eheci i and cashiers' checks
deducted from tho a m o u n t in 1 ho second column hi order lo pi
included with amount; due to banks in the reserve calculation
- Terminated as reserve city effective Mar. 1,1923.
8
Bank liquidated.
Pi
p
O
CD
TABLE N O . 54.—Reserve computation of national banks at date of each report during year ended September 14, 1023—Continued.
OO
[In thousands of dollars.]
Apr. 3, 1923.
Dec. 29, 1922
Net
Cities, States, and Territories.
calculation
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
Net
Amount
due from
amount
banks not on which of reserve
included reserve is required.
in reserve computed.
calculation.1
Amount
of lawful
reserve
with
Federal
reserve
banks.
Per cent
to net
amount
on which
reserve is
computed.
CM! J-LJL \J
I &.U.
V
OTHER RESERVE CITIES—continued.
Columbus
Toledo
Indianapolis.
Chicago
Peoria
....
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul.
Cedar Rapids
Des Moines
Dubuque
Sioux City
Kansas City, Mo
St. Joseph.'.
St. Louis
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tulsa
".
Seattle
Spokane
Tacoma
Portland
Los Angeles
Oakland
San Francisco
620
188
98
3,138
199
3,691
926
557
125
100
502
271
208
932
—
40
933
503
58
191
1,252
3,792
1,216
!, 106
603
247 i
3,509 i
53,517
19,863
51,604
27,658
14,023
104, 277
15,070
68,590
113,545
62,532
10,833
22*564
3,991
16,246
96,044
15,872
164.169
11,851
64,900
5,936
9,084
16,812
4,068
66,745
8,452
10 462
32)l73
47.526
66,902
17,658
9,561
49,249
126,651
19,364
211,016
5,352
1,986
5,160
2,766
1,402
10,428
1,507
6,859
11,355
6,253
1 083
2 257
399
1,625
9,605
1,587
16,416
1,185
6,490
594
908
1,681
407
6,675
845
1,046
3,217
4.753
6,690
1, 706
956
4,925
12,665
1,936
21,102
5,783
2,128
3,343
2,946
1,492
11,179
1,521
6,398
10,638
6,826
1,323
2 354
435
1,650
11,250
1,840
15,024
1,390
5,412
534
961
852
703
6,405
879
912
3,090
4,840
7; 285
1,891
1,009
5.0S0
13; 289
2.002
21,996
10.81
10.71
6.48
10.65
10.64
10.72
10.09
9.33
9.37
10.92
12.21
10. 43
10.90
10. 16
11.71
11.59
9.15
11.73
8.34
9.00
10. 58
5.07
17. 29
9. (JO
10.40
8.72
9.60
10. 18
10. 89
10.71
10.55
10.32
10. 49
10.34
10.42
1,449
417
69
2,947
• 501
>
285
662
27
179
16
135
1.76
625'
6
96
10
1, 189
31
917
1,757
528
1,406
4,055
255
850
221
833
a," 993"
56,626
21,636
49,430
30,088
15,909
96, 880
14,573
76, .136
116,721
66,930
14,632
24,783
4,382
20, 469
95,993
16,927
165,935
14.545
70; 858
6, 271
9,130
16,780
3,709
67,322
10,651
9, 834
34,557
50,250
68, 282
18.526
13,095
51,404
135,989
21,08!
197,946
5,663
2,164
4,943
3,009
1,591
9,688
1,457
7,614
11,672
6,693
1,463
2,478
438
2,047
9,599
1,693
16,593
1,455
7,086
627
913
1,678
371
6,732
1,065
983
3,456
5,025
6,828
1,853
1,310
5,140
13,599
2,108
19, 795
5,670
2,500
4,592
3,130
1,637
9,196
1,498
7,714
13,639
7,078
1,838
2,576
439
2,078
9,969
2,224
17,813
1,524
7,829
675
952
1,771
367
5,829
1,082
1,049
3,543
5,491
6,45.1
1,874
1,675
5,233
13,481
2,711
20, 474
10.01
11.56
9.29
10.41
10.29
9.49
10. 28
10.13
11.69
10.58
12.56
10.39
10.02
10.15
10.39
13. 14
10.73
10.48
11.05
10.77
10.43
10.55
9.89
8.66
10.16
10.67
10. 25
10.93
9.45
10.12
12.79
JO. 18
9.91
12.86
10.34
1
Ogden
Salt Lake Citv
...J
134
351
5 447
17. ^So
545
1.788
627
2,307
11.51
12.90
319
574
4,753
17,523
475
1,752
416
2,291
8.75
13.07
Total other reserve cities
...J
48,601
3.618,010
304. S62
374,200
10.26
52,802
3.097,301
309, 730
383, 844
10.38
Total all reserve cities
....'•
50,203
6,765,650
770,078
791,19S
11.69
62,403
0,465,233
729.559
751,443
11.62
3,853
1,590
1,835
9 940
2,137
11,379
30,740
25 107
'»:J 350
09,740
002
2 700
121,508
58,415
39,227
26, 7(K)
253'. 474
41.004
136,041
4,301
3,278
2,035
19,081
3. 148
.10. 183
42,086 j
7.47
8.36
7.62
7.53
7. 07
7. 45
3,647
.1,043
1,143
J 0,00-4
2, 152
10,088
4,412
2,893
1,902
* 19,950
3, 233
9,128
7.45
8.00
7.41
7.59
7.75
6.59
n
7. 58
2S, 977
59, 233
30.151
25,008
202,903
41,724
138.-184
564.163
:'.7 191 i
7 79
7.25
7. S2
7. 80
7.55
20.772
17;181
711880
285
3 r 85l
122,072
41,518.
36 772
20.070
5«1 529
832
3,509
1.20,712
7.36
7.49
7.41
7. 55
7.92
7.38
tc
COUNTRY BANTKS.
Maine
New Hampshire
.
Vermont
Ma^sachuso! f ^
Rhoc^o Island
Connection'
Total Nsw England States
New York
!
'
....
1
....;
Pennsylvania
Delaware
Mar viand
Total Knstern States
Virginia
West Virginia
North Carolina..
South Carolina
Ci eorgia...
Florid i
\labama
MississipDi..
Louisiana
Texas
\rknnsas
:
...'•
.]
1
i
.
....
.
i
..
....!
Kentucky
Tennessee
Total Southern states
....:
....j
.....:
Ohio
Indiana
Illinois
. .
Michigan
Wisconsin.
.
Minnesota
Iowa
Missouri
.
...
Total Middle Western States
....:
.. !
....;
1
!
I
.!
....!
8,310
8,005
8,023
4,229
5,521
5,979
9,855
2,408
3,927
40,100
7,430
12,380
7,053
123,352
25,611
11,979
20,332
8,796
11,484
12,512
•() 530
4,439
111.083
555,521
•177 652
389.07!
722;007
10 910
45,505
1,010,714
137,912
105 123
93,232
45,000
45? 814
49.785
64 296
36, 460
48 428
257,328
51,323
94.857
68; 804
1,09S,422
295,664
173 161
2821 102
11.0,658
119, 148
145,344
136 113
•17,637
1.309. 887
4,089
2,746
L, 869
17. 743
2', 875
9,565
38, 887
33 130
27 29S
50\5S9
761
3,185
I i 5,272
9,65-1
7,359
6,526
3,154
3,207
3, 185
4, 501
2,552
3,390
18,013
3,593
6,040
4,810
76,S90
20,097
12 121
19,751
7,740
8,340
10,174
9 528
3 , .•535
91,092
50,544
858
3, 430
120,2X7
.10,084
S 208
0.S.09
4', 001.
3.834
3, 092
4,904
2,014
3 858
19,705
4,130
7,159
5,971
85,809
23,252
13,030
21,580
8,413
9,089
10,977
10,435
3. 700
101,0S2
7.07
7. 75
7. SI
7.30
8. 88
8. 37
7. 42
7.03
7.99
7 97
7.66
8. 05
7. 55
S. 08
7.82
7. SO
7. X7
7. 65
7.00
7.63
7.55
7 07
7.77
7. 72
9,003
8,815
8,589
7,131
5.767
10,021
X, 049
2' 700
35,305
7,514
12,577
5,490
I2-1,0-S->
28.070
11.031
2*,075
12,079
14,041
12,392
17 410
4,294
12S,50S
190 763
to? 074
748,083
10 500
47, 507
1,0S9,503
138,323
112 336
92,138
59,374
•15,610
01,020
64,418
37, 520
46 370
251,065
52,540
101,844
70,5*0
1, 133, 183
305,391
10s 74s
299,003
127,079
135 144
147,001
158 '>08
50, i53
1. .'592,3S3
4,146
2,530
1.797
18,403
2,921
9,094
39,491
3-{ 354
°7 115
52;408
735
3,330
1 IS,272
0, 0S3
7 803
0,450
4,150
3,195
4,271
4 509
2,026
3 247
17,575
3,078
7, 129
4,941
70,323
21,378
11 812
20,030
S, 938
0, 400
10,357
11 075
3 ; :•>} 1
97,167
10,514
S 377
6,334
4,497
3,591
4,789
4,974
2,877
3 480
18,508
4,004
7,401
5, SI 9
S:').2O1
21,967
12,232
22,024
8,823
10,170
JO", 60S
]'"> 044
3, 800
102,328
7. 50
7.60
7.40
0. 87
7.57
7.87
7.85
7 T>.
7.07
7 Tf>
7.37
7.74
7.33
8. 24
7. 53
7. '-'5
7. 50
0.9!
7. 53
7.17
7 61
7. 70
7.35
1 This amount represents the net amount duo from banks, as shown by tho reports of those banks whoso balances duo from exceed t h e balances duo t o b a n k s , a n d m u s t be
deducted from the amount in the second column in order to prove the apparent amount of liabilities upon w h i c h reserve is r e q u i r e d . Certified chocks a n d cashiers' checks
included •with amount due to banks in the reserve calculation.
O
0
H
c
w
h
—v
H
h->1
c
rj
W
fcO
CO
CD
TABLE N O . 54.—Reserve computation of national banks at date of each report during year ended September 1JU 1023—Continued.
CO
o
o
[In thousands of dollars.]
Apr.:?, V.m.
Cities, States, and Territories.
Net
amounts
Net
due from
amount
banks not on which
included
reserve is
in reserve computed.
calculation.1
Amount
of reserve
required.
Amount
of lawful
reserve.
with
Federal
reserve
banks.
Net
PIT cent
amounts
Net
to net
duo from
amount
amount
banks no
on which
on which
included
reserve is in reserve reserve is
computed calculation.1 computed
Amount
of reserve
required.
Amount
of lawful
reserve
with
Federal
reserve
banks.
Per cent
to net
amount
on which
reserve is
computed.
o
w
H
o
H
COUNTRY BANKS—continued.
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
5.138
15,842
7,505
4,949
9,399
1.412
22,000
51,753
51,327
60,600
49,362
47,529
55,866
106,064
51,068
36,698
62,028
23,212
145,665
7,424
3,575
2,569
4,342
1,625
10,196
13,015
5,685
3,826
10,129
,332
26,828
7,941
3,923
2,828
4,902
1,703
11,236
3,623
3,593
4, 246
3,874
3,098
4, 570
7.49
7.21
7.54
103,091
45,908
36,809
64,085
22, 537
153,805
7,210
3.213
2; 577
4, 486
1,578
10,760
7,823
3,179
2,917
4, 825
1,584
11,449
7. 59
6.93
7.92
7. 53
7.03
7.44
41, 29S
North Dakota
43,925
7. 45
4, 435
3,694
14,070
4, 805
3, 947
14,827
2 250
409
679
1,300
7. 08
7.48
7. 37
0. 92
8. 30
7.35
7. 05
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
5,280
5,636
14,190
4,354
929
1,045
2,605
55,562
52,076
211,401
38,057
5.706 ;
9,709
18,049
3,889
3,645
14,798
2,664
'399
680
1,264
7.93
7.86
7. 75
7.39
9. 59
7.82
6.93
IS
(53,305
52,767
201,080
32, 604
4,893
9, 237
IS. 427
•2, 282
342
647
1.290
r
F:
Total Pacific States
Alaska (nonmember banks)
Hawaii (nomember banks)
Total (nonmember banks)
a
Total country banks
407,218
5,583,359
Total United States
553,481
12,349,018
1
1,161, 292
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. Certified checks and cashiers' checks
included with amount due to banks in the reserve calculation.
Sept. 14, 1923.
June 30, 1923.
Cities, Stales, and Territories.
Not
amounts
Net
duo from
amount
banks not on which Amount of
reserve
included
reserve is
i n reserve computed. required.
calculalion. 1
Amount
of lawful
reserve
with
Federal
reserve
banks.
Net
Amount
amounts
Net
of lawful
Per cent to due from
!nel, amount banks not amount
Amount of! reserve
I on which
on which
reserve
with
included
i r(>serve is in reserve reserve is required. ; Federal
! computed.
reserve
calcula- computed.
banks.
tion. 1
:
Percent to
net amount
on which
reserve is
computed.
O
H
O
New Y o r k . . . .
('hit-age
Central J1
10,025 I 2,151,015
22\t i
000,420
,441
279,032
7Sr 835
358,467
254,793 i
80.912 :
11.85
IS. 34
18,414 i 2.094.020 j
70S !
047.391 ;
335,705 i
~\2A7
43,819 ;
5,000 I
3,385 j
4,230 j
45,439 j
28,805
8,132
7,000 !
3,924 i
3,297 I
2,999 i
2,. 231 |
2,535 ;
0,206
1,454
3,904
3%
C, 740
2,370
1,004
511
.10.23
8.51.
9.03
9.31
10.52
10.34
8.94
10.35
8. SO
9.77
11.09
10.92
9.98
10.91
9.28
11.13
9.20
11.80
10.43
10.90
10. S3
12.91
13.4"
^771^'" ~74T t "4ill""'
42,S53
5,954
3,747
4,545
43,190
27,846
9,094
6,821
4,428
3,376
2,704
2,043
2,541
5,089
1,507
3,507
430
5,715
2,279
921
472
5,204
1,119
2,896
8,198
4,615
5,219
272.222
Si/iOi
270,378 i
SO.925 •
OTilV.Il KKSKRVE C1TIK3.
Boston
Alban y
Brooklvn and Bronx.
Buffalo.
Philadelphia
Pittsburgh
Baltimore
Washington
.Richmond
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas.
3, 329
('., 072
458
2,407
4,906
•160
3,641
3,415
107
563
3,430
.722
291
EiPaso
.Fort Worth..
Galveston
121
428,534
59,542
37,470 •
45,452
431,898 ,
278,458
90,944
68,200
44,280
33,760
27,038
20,434
25,407
50,889
1.5,007
35,005
4.305
57'. 149 I
22',78G '
9,214 i
4,720 |
52,039 :
11,197 :
28,958 |
81,983 i
40, 148 |
52,192 ;
2, S93
521
2,459 •
722 ;
573 :
1,532 !
2,782 :
97 '
474 '
1.78 :
3,002
190
1,550
421,005
47,252
37,907
42,038
429,920
279,947
92,550
72,482
45.505
34.799
2:-!, 957
20,553
2-1,410
00.008:
11,500:
35,428
6,930
04,481 "
25,123
10.3S6
3,940
47,358
9,989
20,375
82,021
49,807
51.609
•12, 100
4,725
3,791
4,204
42,99:5
27;994
9,250
7. 248
4. 550
3. 480
2, 390
2.055
2, 442
0,001
1.450
.'' 5 4 3
"»
"093
0, 41S
2,512
1, 0o9
39-i
4.736
999
2.037
*, 202
4.987
5.101
•10, 525
5, 346
3,797
4.043
42,085
29,104
S.LSO
l[ 293
' 255
1
3!sS7
2.055
2.050
2,442
5,955
1.439
3. 8S2
' 904
7,301!
2.S02
1,294
384
4,007
914
2,005
7. fcO2
4'. 770
4,772 :
9. o;i
11.32
lO.lfe
9. 02
9, 93
10. 40
S. S4
10.00
9. :j."»
11.17
11. OS
10.00
10.00
9. S3
9. 92
10.90
13.04
11. -M]
11.39
12. 46
9. 75
9. !'.]
9. 45
9. SS
9. 51
9. 5 s
Iloiistoii
331
877
Han Antonio.
533
1,220
Waco.
S92
1,018
Little Hock
!
U0
18!
8
5, m>
Louisville
!
9.80
2 i
Memphis
.i
JO. 90
201 i
1.220
3:>9
JO. 09
445 ;
Nashvillej
3', 095
307
!
10.21
1,507 :
8,370
Cincinnati
1,027
10.11
1,033
4, 004
Cleveland
!
I, ",73
5.603
733
Columbus
1
This ai.noii.nl. represents the net amount d\'.o. from banks, as shown by the reports of those banks whose balances due from t.-\ceed the balances due lo banks, and must, be de
Led iroin the amoun;. in Hie second column in order to prove the apparent amount, of liabilities upon which reserve is required. Certified chi'dis and cashiers' checks includes
i amount
witha ainouiiL due to ba-.iks in ihe reserve calcnliition.
The cask in vauli (exclusive of national-bank notes) aad due from approved reserve agents.
\.i L « r u
W
i
11 wj.il.
iji < u i i i v / L n i i. .^
J i:
' nv.
ov \ . u i : u
Lv/nuiiii
in
> * \j.\
i
00
o
TABLE N O . 54.—Reserve computation of national banks at date of each report during year ended September Uh 1923—Continued.
CO
O
[In thousands of dollars.]
to
J u n e 30, 1923.
Cities, States, and Territories.
Not
amounts
Net
due from
amount
banks not on which Amount of
reserve
included reserve is required.
in reserve computed.
calculation.1
S e p t . 14, 1923.
Amount
of lawful Per cent to
reserve not amoun
with
on which
Federal
reserve is
reserve computed.
banks.
Net
amounts
Net
due from
amount;
banks not on which Amount of
reserve
included reserve is required.
in reserve computed.
calculation.1
Amount
of lawful Per cent to
reserve net amount
on which
with
reserve is
Federal
reserve computed.
banks.
OTHER RESERVE ciTiEs—continued.
Toledo
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Moines
Dubuquc
Sioux City
Kansas City, Mo...
St. Joseph
St. Louis
Lincoln
Omaha
Kansas City, Kans.
Topeka.. /.
Wichita
Helena
Denver
Pueblo
,
Muskogce
Oklahoma City
Tulsa '.
Seattle
Spokane
Tacoma
712
134
3,581
220
3.550
712
722
29
105
57
457
97
8J
49
644
315
1,832
1,177
US
275
2,397
2,500
58
1,501
21,598
49,651
31,003
15,106
103,841
15,627
68,744
104,439
56,770
13,491
26,776
4,612
19,646
91,060
14,765
154,155
14,752
67,533
6,718
8,302
18,436
3,395
68,159
8,912
8,757
34,715
47,906
68,996
17,662
13,083
2,160
4,965
3,100
1,511
10,384
1,563
6,874
10,444
5,677
1,349
2,678
461
1,965
9.106
1,476
15,416
1,475
6,753
672
830
1,844
339
6,816
891
876
3,47.1
4,797
ft, 900
1,766
1,308
2,166
3,659
3,324
1,577
S,022
1,594
7,259
10,149
5,884
1,652
2.822
476
1,918
10,129
1,586
15,725
1,437
6,279
691
863
2,059
438
7,163
889
942
3,765
5,349
?; 259
1,706
1,343
10.03
7.37
10.72
10.44
7.73
10.20
1.0.56
9.72
L0.36
12.25
10.54
10.32
9.76
11.12
10.74
10.20
9.74
9.30
10.29
10.39
11.17
1.2.91
10.51
9.98
10.76
10.85
11.15
10.52
9.66
10.27
421
"2," 878*
2.035
696
630
173
244
329
170
387
936
196*
2,257
49
164
6.1.9
3,185
4,597
260
J 779
,
25,378
47,410
33,254
15,358
104,479
18,007
72, 747
IOS; 536
62,873
12.701.
27'. 550
4.794
19:208
91,809
13, 815
159,479
13,806
66,077
6,473
8,645
21,149
4,414
75,455
7,675
8,559
32,938
43,154
70;040
10,993
12, 564
2,538
4,741
3,325 I
1,536 I
10,448
1,801
7,275
10,854
0,287
1,270
2,755
479
1,921
9,181
1,381
15,948
1,381
6,608
647
864
2,115
441
7,546
767
856
3,294
4,315
7,004
1,699
1,256
2,759
4,600
3,449
1,638
11,756
1,893
8,881
12,043
5,881
1,499
2,524
499
1,770
9,222
1,741
15,123
1,378
5,900
842
964
1,796
417
8,494
819
875
3,270
4.873
7; 560
1,806
1,276
10.87
9.70
10.37
10.67
11. 25
10.51
12.21
11.10
9.35
11.80
9.16
10.41
9.22
10.04
12.60
9.48
9.98
8.93
13.00
11.15
8.49
9.45
11.26
10.67
10.22
9.92
* 11.29
10.79
10.03
10.16
464
Portland
Los A ngeles
Oakland
Sail Francisco.
Ogden....
Salt Lake C i t v . .
51 605
144!733
20 699
206'357
4 689
H', 803
5,161
14.473
2 070
20 636
469
1,780
67,835
3,694,801
369,489
78.089
!
I
"!
6,452,332
727,956
420
1 872
20
4 247
...
Total other reserve cities
:
-
Total all reserve t.-ities
5,40]
15.803
2 '51
20.377
443
1.854
10.64
10.08
10.30
9.87
9.45
.10.41
5.982
108
758
J76.O54
10.18
711,759
J1.03
119
4.746
54, 137
148.805
10,774
206,345
5,040
.17,115
5.414
.14.890
\ \ 977
20,635
504
5,266
16.118
2.039
20'. 121
500
L774
58,604
3,717.604
371,760
377,162
10.15
77,786
6,450,015
728,143
734,465
11.37
:
9.73
10.83
10.31
9. 75
9.02
10.36
O
COl'NTRY BANKS.
New York .
New J e r s e y . . . .
Pennsylvania
Delaware. .
Maryland
Total Eastern Stales..
Virginia
West Virginia,
I\orth Carolina
South Carolina
(Jeorcia...
Florida
•Ma-bam a
Mississippi.
Louisiana
Texa^
Arkansas
Kentucky...
Tenne^ee
Toiiii S o u t h e r n
!
•
...
..
Si;:te<
7. 57
7.08
7.64
7. 58
7.31
7.23
4.088
2, 143
1,853
12,717
2. 366
11.677
64.302
41,411
27,916
277,657
40,917
141,635
4.501
2,899
1,954
19,436
2,864
9,915
4,706
3.034
2,074
19,706
3.082
11.355
7.32
7.33
7.43
7.10
7.53
S. 01
566 81]
39.677 ;
•12.208
7.45
34,8.1.1
503.838
41.569
A'A 0 S 7
7. 40
197 317
410.328
75*' 086
10,851
47,082
34,812 i
•>S 723
53 066
759
3,296
38 273
30,728
56 642
969
3,545
7.70
7.49
7.47
8.03
7.53
27,624
21,380
61,737
600
3,214
517,490
422,227
768,612
12.633
49;870
36,224
29'. 556
53,803
885
3,491
38,772
32,225
58,546
939
3,767
7.49
7.63
7.62
7.43
7.55
1.723,664
I,770,838
123,959
3.425
1,576
1,461
7 521
1.807
8.363
8 375
8,120
8 MOS
">' 466
4, 375
6 373
7,251
2. S47
2.65)
21.6.YJ
4.777
10.522
5.310
CO.357
136,950
111' 451
•srt 458
55 476
42,983
54 481
61 444
35,420
41 S37
227,807
4S,155
00 7*6
71,752
1,077.000
120 656
O
THE
:
TotfM Now Krigland Stales
4 639
2,724
2,066
19,943
2 959
9.: S77
109.595
i
4 292
2.693
1,S92
18 408
2,S34 i
9,558 •
24,635
18,970
62 8:$3
517
2,640
!
61 314
38 475
27.027
262,973
40 489
136,533
•M l.VI
'
•
!
Maine
New Hampshire
Vermont.
Massachusetts
Rhode Island
Connecticut
p
130.157
7. 55
114,555
9,587 ;
7,802
6 052
3 883
3, 009
3 814 i
4,301
2.470
3 139
15,946
3.371
6 0S5
5.023
10, 748
8 243
6 630
4 316
3 411
4 837
2'. 740
3 236
17,174
3, 705
7', 314
5,075
7.S5
7.40
7.68
7.78
7.04
7.70
7.S7
7.76
7.22
7.54
7.67
7.33
8. 33
8,065
8,1S5
6,509
6.424
4.411
4,362
6,569
3,076
1.6S3
38,567
4,183
6.268
5,435
75 301
82,543
7. 60
1.03,797
135,496
110,570
S4 413
56,4M
42.734
40,555
60,S50
3*, 050
41,700
260,357
46,412
91,260
71,624
1,088,622
134,249 i
7.58
yi
?d
9, 485
7, 740
5 000
3,054
2.001
3,469
•1.259
2,384
2.026
18.225
3. 249
6.598
5,014
10, 108
7,944
6,631
1.708
3,234
3,792
4,588
2,568
2,905
19,638
3.5S0
6,843
5,846
7.46
7. 18
7.86
8.34
7.57
7. 65
7. 54
7. 54
7.16
7. 54
7.71
7. 26
8.16
O
70,203
82,475 i
7. 58
I_I
w
•
This amount repie:-en!.s the nei. amount due from banks, ;<s shown by the reports of those*banks whose balances due from exceed J-he lalanees due to banks, and must be
deducted f'-oin (lie ur'nownt in the second column in order to prove the apparent amount of liabilities upon which reserve, is required. C citified checks and cashiers checks
included -A itlt amount due to banks in the reserve calculation.
808
1
TABLE NO, 54.—Reserve computation of national banks at date of each report during year ended September l/h
co
1023—Continued.
o
[In thousands of dollars.]
J u n e 30, 1923
Net
amounts
due from
banks not
included
in reserve
calculation.1
Cities, States, and Territories.
•
Sept. 14, 1923
Net
Amount of
amount
reserve
on which
reserve is required.
computed.
Amount
of lawful
reserve
with
Federal
reserve
banks.
Net
amounts
Per cent to due from
net. amount banks not
on which
included
reserve is
computed. in reserve
calculation.1
Net
Amount of
amount
reserve
on which
reserve is required.
computed.
Amount
of lawful
reserve
with
Federal
reserve
banks.
Per cent to
net amount
on which
reserve is
computed.
HI
COUNTRY BAXKS—continued.
Ohio
Indiana
Illinois
Michigan
Wisconsin...
Minnesota
Iowa
Missouri
27,607
13,474
27 325
10,605
12,815
IS,901
13,S58
4,032
...
.
North Dakota
South Dakota
Nebraska
Kansas..
Montana
Wyoming. .
Colorado
New Mexico.
Oklahoma
.
..
Total Western States
Washington
Oregon
California
Idaho
Utah
!
21,862
13,836
23,000
8,995
9,616
11,709
11,110
3,799
7.28
7.75
7.59
7.22
7.20
7.47
7.41
7.74
28.524
12,071
25; 540
12.009
11,917
10,680
13,192
3,887
307,491
177,000
301,711
125,831
130,805
149,180
150, 840
49,441
21,525
.12,390
21,120
8,80S
9,150
10,443
10,559
3,461
22,641
13,021
22,275
8,985
0,51*
1.0,700
10 9S1
3,833
7.36
7.30
7.3S
7.14
7.2S
7.21
7.2.S
7. 75
1,395,922
97,715
103,927
7.45
118,420
1,392,311
97,402
L02,014
7. 33
47.220
50', 255
59,198
104,938
4-4,732
37,135
58,798
22,652
150,764
3,300
3,518
4,144
7,346
3,131
2,599
4,116
1,586
10,553
3,495
3,6(52
4,564
7,774
2,877
2,823
4,429
1,589
11,340
7.40
7.29
10.04
7.41
6.43
7.00
7. 53
7.02
7.52
4,252
4,035
5,304
12,718
5,470
3,545
8,109
1,272
18,8S9
47,354
48,800
58,002
105,378
44,510
39,049
01,545
21,231
141,724
3,315
3,410
4,004
7,377
3,110
2,733
4,308
1,480
9,921
3,504
3,593
-1,400
7,957
3,190
2,877
4,703
1,404
10,0S4
7.40
7.30
7.09
7.55
7.17
7.37
7. 74
6.90
00,270
Total Middle Western States
21,025
12,501
21,209
8,726
9,353
10,966
10,501
3,434
3,330
3,014
6,011
13,023
4,825
3,918
0,702
1,182
23,005
. . . .
300,363
178,580
302,9S4
124,659
133,013
150,051
150,017
49,055
123,017
. .
575,098
40,299
42,553
7.39
63,654
507,005
39,736
42,498
7. -10
4,377
3,731
14,550
2,392
332
4,073
4,095
15,78$
2,609
7.47
7.68
7.60
7.64
7.98
0,294
7,282
15,672
4,831
03,708
50,092
213,700
35,065
4,545
4,400
3,908
14,963
2,455
5,020
4,208
15,042
2,492
7. 88
7. M
7.32
7.11
7.79
5,017
5.840
12,930
3,149
463
02,525
53.307
207,804
34.170
< 739
378
433
318
354
H
C
g
o
H
7.M
l
<
Nevada.
Arizona.
Total Pacific staios.
IK» j
27.239
301
51*
S22
:
f>, 733, 723
LL1.129.755
5 3 2 . 2 7 s ! 12, ISO,055
454,
1.002
2,110
7.00
37,71-1
222
400,014 j
5,227 |
473,212 | 5^S.l8,5't5 j
432,757
9.39
550,9U8
/•so
1. 1X1
2S, 003
29, (is?
7 12
32:;
•Itil
1,7*0
1,1.44,510
SO
1, IS4
2 045
- 1,135
5, is:-;
Total (nonmomber banks).
Total United Stalos
20,5*9 I
3S9. I3i>
2.M2S
3! 455
:;i, 19.1 j
Alaska (nonmembor 1 tanks)..
Hawaii (nonmembor banks).
Total country banks
7. 09
7.72
J, 19ti
717
1S2
'* 1;
31 » 7
>
7S4
2
1, 929
3<;
no
407,710 j ~ 43iJ, SW j ~ ~ 7.51
(
12,277,5«»() | 1,13.1, S59
1, .171,271 |
9. 51
2
O
to
H
O
1
Tliis nmount represents the nei amount d?ie from banks, as sliown by the reports of those banks whose balances due from exceed the balances due the 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. Certified chocks and cashiers' checks
included with amount due to banks in t lie reserve calculation.
- The cash in vault (exclusive of national-bank notes) and due from approved reserve agents.
c
I—.
c
3
306
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 55.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1923.
[For prior years see annual report 1920.]
1914.
Jan. 13
(7,493 banks).
Resources.
Mar. 4
(7,493 banks).
June 30
(7,525 banks).
Sept. 12
(7,538 banks).
Loans and discounts
16,175,404,961.53 $6,357,535, 89S. 41 !$6,430,009,214. 47 ' 86,400,767,386.01
Overdrafts
21,838,399.48
21,335,628.89
15,485.641.14 \
17,142,637.10
10
U. S. bonds to secure circulation.
736,600,910.00
Til ?&&. 3ft9 Oft
Til «<V7 AOi; Q1
7QR ftor, 849.72
; U.1Q 7<>
733,564,382.00
734,897) 425.81 i
Miscellaneous securities to secure circulation
392,663,116.72
Hinted States bonds to secure
United States deposits J
50,285,032.00
48,405,573.20
50,342,980.00
48,311,495.63
Other bonds to secure United
States deposits
67,878,130.32
59,332,288.52
56,781.241.53 |
72,372,0.(9.72
United States bonds on hand...
Ml,955;298. 58 i
5,476,718.00
5,112,910.00
6,423, 780.87
Premiums on United States
bonds
5,071,681.95!
4,859,610.88 1
4,058.150.56;
3,021,759.63
1,020,494,711.08 i 1,027,320,060.58 ! 1,015,981'897.19 ! i 941,723.232.07
Bonds, securities, etc
,
j
.....
• "42,809.011.19
Stocks
42,032;851.94
Banking house, furniture, and
257,520,014. 18 ! 268,0-12.022.88 I
fixtures
I 256,995.908.53
269,661,511.46
Other real estate owned
32,625,254.39
39,042,865.78 ;
33,981,161.55 .
40,787,222.13
Duo from national banks (not
reserve agents)
513,728,136.83 I 421,754,572.17 j
482,036,437.64
410,370,729.94
Due from State banks and
230,776,241.19 • 191,921,682.48 j
251,113,818.01
bankers
191,968,078.31
Due from approved reserve
SSI,702,559.68 j 777,498,700.76 !
agents
802,786,844.06
673,958, 901.01
40, 18-1,406.94 j
Checks and other cash items....
37,244,268.10
34,204, 681.42
48,559,951.65 i
Exchanges for clearing house...
263, 295,798.41
282,343,800.66
118,588, 403.08
309,321,303.07 I
Bilis of other national banks...
51,797,179.00
48,177,045.00
73,546) 639.00
49,059,728.00 !
Frae. currency, nickels and cts.
3,959,837.04
3,964,617.42 !
3,828,925.17 !
3,591, 586.83
792,694,095.14 j 791,584,566.61 ;1 746, 198, 917.43
780,490,209.56
Specie
.*
175,373.021.00
201.429.211.00
157,508, 431.00
Legal-tender notes
177.490', 396.00
35,402,097.42
35'. 371,589.64
44,323, 990.14
Five per cent redemption fund.
35; 509,539.22 j
Due from Treasurer United
7,533,063.14
14,464,008.96
8,933,8-13.97
3.952,273.52
States
Clearing-house loan certificate..
52)818,000.00
11,296,355,138.70 |l 1,564,497, 260. 20 jli,482,190, 770.00 : 11,483,529,494.68
Total..
Resources.
Loans and discounts
Overdrafts
United Stales 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
icmiuins on United States bonds
•uriti( etc
Bend:
Ot her bonds, securities, etc
Si ocks
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
(/hecks on banks in same place
EM'hangos for clearing house
Outside checks, cash items, etc
Cheeks and other cash items
Bills of other national banks
Fractional currency, nickels, and cents
Federal-reserve notes
Specie:
Legal-l onder notes
Five per cent redemption fund
Due from Treasurer United States
Redemption fund and dee from Treasurer United States.
Clearing-houso loan certificate
Amount paid on account of SI00,000,000 gold fund
Oct. 31
(7,571 banks).
$6,316,478,470.67
18,797)351.32
739,586,391.26
504,514,045.49
47,873,491.40
69,305,717.26
4,549,007.20
3,661,325.74
905,277, 1G4.35
50,804,335.13
268,509,856.77
42,313,332.01
392,S47,274.13
174,235,702.92
034,100,049.02
150,112,100.24
42,947,630.06
87,382,091•00
3,575,089.54
753,252,704. 40
172,300,611.00
52,349,0-23.24
5,377,379.92
35,654,000.00
10,520,718.25
11., 492,452,722.38 \
1
2
3
includes District of Columbia and island possession bonds.
Includes $5,310,500 United States bonds loaned by New York City banks.
Includes $899,608 erroneously shown on face of banks' reports as bonds, etc.
Dec. 31
(7,581 banks).
$6,347,636,510.27
15,798,224.76
739,160,346.65
209,400,603.20
47,830.427.39
72,88")', 060.35
5,003,963.63
3,084.194.96
988, 157)510.40
• ••1,394,185.49
271,404,956.07
43,258,037.97
261,459,775.05
5S3,664,900.21
575,324,079.14
31,781,266.03
202,433,419.95
. 33,867,431.58
69,400,353.00
" "2,"6i3,"685."o6
534,857,113.00
128,370,974.00
43,752,166.74
12,616,157.05
12,404,075.77
11,357,080,017.67
REPORT OF THE COMPTROLLER OF THE CURREKCY.
307
TABLE NO. 55.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1923— Continued.
11)1-1.
Liabilities.
I
.Tan. 13
(7.403 banks
Mar. 4
(7.493 banks').
.liuif 30
(7'.525 hanks,).
Sept. 12
(7,538 banks).
Sapital stock paid in
Si, 057 670, 054.00 ."•SI, 050,482, 1 20.00 -"SI. 058,192,335,00 *1,000,332,072.50
732; 442, 759. 07 i 731,273,090.28 I '723,338,200.50
Curplus fund
724,138,519. 46
I
!
Undivided profits, less expenses and la \cs
,
259: 001,337.83 j 272,703,334.17 | 268,1S4,H>5.1S
287,343,679.28
National-bank notes outstand725. 32( .101.50
720,040,334.00 I 722,554, 719.00
ing
918,270,315.50
jii)8. 00
27! 098. 00 I
27.093.00
Stale-bank notes o u t s t a n d i n g . .
27,093.00
061, 200j
',W1.82 1,201,407,775.80 j 1,017, S20, $92. 71
1 fuo to oi,her no i iona.l banks
|1
904,331,571.01
Due to Stale banks and bank501,006 715.14
007,331,028.52 | 515,7-12,709.18
521,901,865.51
Due to trust, companies and i
savings banks
544,004, 1.10.11
019,704,372. 92 ! 009,07S, 412. 65
483,794,109.17
43, 030, 770.30
43,937.037.70 !
42,000,01". J5
Due to approved reserve agents.
39,871,080.85
4, :2(>4, 129. 89
Dividends unpaid
(,337; .100. 00 !
18,0<>0,Z?(i. 5.1.
1,250,322.87
1,072.004, 752. 00 0,111.328,457.10 ! 0,208.092,429.72
Individual deposii s
6,139,081,279.77
70', 815, 818.09
United States deposits
58, 009,788. 3!)
00', 054'. 582. ~h)
09,712,440.13
22,243, 089. 21
Postal-savings deposits
23,508'. I 98. 75 '
23,84 i'. 002. 05
27; 020,325.06
Deposits o( United States dis7,482, 388.89
bursing officer
7. 773,084. 98
40,073, 867.97
Bonds borrowed
47; 123,180. 09 :
United Stales bonds borrowed
j
34,401,340.00
34,407,245.99
!
01 her bonds borrowed
9,025.090. 49
53,802,878. 42
11,701,175.41
Notes and bills rediscounted
8,772,534. 57 !
13,4M, 527. 21
25,981,950. (X)
60,905,190. 00
45,372.735.52 j
77,775,401.20
124,089.118.73
Bills payable
0,155,905.52
4, 701'. 035. 23 i
7,920,918.00
8,284,933.48
Reserved for taxes
Clearing-house loan certificates
(net balance)
52,779,000.00
Liabilities other than tho.e
2,342,482.12 •
3,510,788.84
2.-108,91.5.49
0,443,087.95
above stated
• -•
jl 1, 290, 355,138. 70 11,504,497,200. 20 ; 11,482,190,770.
1.60
Total.
Oct. 31
(7.571 banks).
Liabilities.
Capital si ock paid in
Surplus fund
Undivided profits, less expenses and taxes.
National-bank notes outstanding
State-bank1 notes outstanding.
Due to other national banks
Due to State banks and bankers
DUQ to 1 rust companies and savings banks
Due to Foderal reserve "bank
.'.
Due t o approved reserve agents
Due t o banks and bankers
Dividends unpaid
Individual deposits
I * J ill ed States deposits
Post al-savings deposits
Demand deposits
Time deposits '••
Unitcd Stales bonds borrowed
Ot her bonds borrowed
Securities borrowed
Notes and bills rediscounted
Bills payable
Reserved lor ta xes
Clearing-house loan certificates (not balance)
Liabilities other than those above stated
Total.
I ?1.003.102,597. 50
'724/J47,101.20
293,201,154.09
:
1,018,193,030.50
I
'
27,093.00
:
838,051,9JO. 54
;
517,002,823. 04
!
498,490,4S4.04
!
!
37,523,774. 92
!
'
!
:
:.
4.312,374. 07
0,078,894', 017.09
' tiy, 744,237.53
31,232J 207. 75
j
;
34,250,290. 00
54, .120,315.87
3.085,024.40
20;502;259. 00
130,055,212,70
9,012,413.73
•19,911,000.00
3,285,-130.29
.|
11,492,452,722.38
!
n,4'>3,529,494.68
Dec. 31
(7.581 banks).
SI, 005,951,505.00
720,935, 755.25
281,924,007.96
818,800,773. .50
48,932.32
29,300,505.17
1,840,416,21-1.68
20.334,471.83
5,175,140,032.45
1,171,222,217.91
34,580,272. 43
20,308,909.94
774,000.75
35,586,864.95
90, Hoi), 492.53
2.887,335. 00
11,357,080,0.17.67
CC
O
OO
1023—Continued.
TABLE NO. 55. - Aggregate resources and liabilities of national hanks from January, 191 j , to October
1915.
In thousands of dollars.
Mar. 4
(7,599 banks).
RESOURCES.
May 1
(7,601 banks).
June 2:5
(7,60.") banks).
Sept. 2
(7.013 banks).
:i.,l
[ij.
_
J
_
i_
t
1
*l
Total.
:
•
Dec. 31
(7,007 banks).
g
!
$6,059,971,46:$. 44
Loans and discountts
! So, 409,904, 605. 26 I $0, 043, 887,95]. 9>
f
86,756,680,004.10
Overdrafts
I
7,046,534.10 i
5,904,374.51
5, 173,586.07
5,060,026.77
United States bonds to secure circulation
I
733, 138,208. 64 :
Total United Stales bonds
•
'
!
783,991420.03
7S1,72J'), 220. 41
8li, 453,730.42
Miscellaneous securities to secure circulation
44,160,2X5.13 |.
United States bonds to secure United States deposits
41,829.758.30 ! .
Other bonds to secure United Stales deposits.
78,887, 890.. 00 :
United States bonds on hand
I
3,070, 509. 70
Premiums on United States bonds
I
2,555.314.22
Bonds, securities, etc
1, 056,388' 707.02
DOUUS, .si'-t-iinlies, en.
1,191,127,717.22 i
1.219,214,503.87
I, 158,108,945.79
Other bonds, securities, etc
77,403,940.79
85,702,039.33
' 93,787,521.00 !
92,594,892.32
Stocks
;
Stocks other than Federal reserve bank sto'-k
.
Stock of Federal reserve frank
209, 1.17,0:52. 81 j
278,392, 205. 47
277, 804, 754.22
272,436,174.50
Banking house, furniture and fixtures
Banking house.
Furniture and fixtures
Other real estate owned
13,971, 595.32 :
43, 953, 87.1. 52
49, 4S7. 321.08 1
43,772,597.11
11
Due from Federal reserve bank
315,409,198.79
290,412! 690.11
290,678,432.15
i 312,657, 017.43 :
748, ail, 47.1.73
811,379,518. 17
737,894, 995.0-1
Due from approved reserve agents
747,156.893.66
597,832,141.62
538, -125, 712.84 i
Due from banks and bankers.
598,81.6,796.92
505, 792, 955.73
21,792,010.67
Checks on banks in same place
18,361.802.09
10, 409, 415.98 j
41,948. 205. on
287,289,183.13
194,977,980.09
21.3, 005, 965.71 I
Exchanges for clearing house
335,128; 239.93
23,003,077.40
20,870, 932.37 :
22,566,64-1.58
Outside checks, cash items, etc
30 242 025.09
57,618,958.00
01,557, 498.00 i
Bills of other national banks
00,961, 750.00
50,747, •13. 00
0,418, 130.00 !
6,779,935.00
Federal-reserve notes
3,098,200.00
3.052, 035.00
078,540, 967.99 :
719,813,500.62
591,852,399.40
Specie
007'. 249. 414.29
111,240, 250.00 !
122,765,379. 00
127,091,112.00
Legal-tender notes
_._.,....,
127) 999, 550.00
Five per cent redemption fund
'
36,500,610.60
Due from Treasurer Unitod States
!
7,686,561.99
41,392,715.01
4-1,077,373.12 j
43,373,243.77 j
Redemption fund and due from Treasurer United Slates.•
Bonds loaned
I
5,182,100.00
:
Customer's liability under letters of credit
j
!
'
52,321,053.57
Customer's liabilii y account of acceptance
:
'•
10,401.341.58
Other assets
j
!
15,579) 155.05
TT..
Nov. 10
(7,017 banks).
7,233,929 j
7,21.1.
7,357,732
6,709
777,70oj
774,039
o
x
11,560,8)6,004.5
11,842,354,995.11 \ 11,795,085,150.88;
12,207,090,-129.00 j
1,313, 822
1,375,149
39,273
53,51S
40,036
53,689
"219," 288*
31,808
44,113
300,185
895,830
707,394
23,180
347,41S
33,585
02,440
11,100
731,797 j
114,078 !
31,424
45,122
403,985
834,392
098,021
38, 588
4 19, 828
43,809
03,933
10,009
0S9,702
118,117
Ci
42,535 !
74,195 ;
37,435
7,457 !
13,236,331
SO, 21-2
39,701
7,917
13,467,Ss7
Capital st ook paid in
Surplus fund
Undivided profits, loss expenses and (axes
National-bank notes outstanding
state-bank notes outstanding
One to Federal reserve bank
Due to approved reserve ageni s
Due to banks and bankers
Dividends unpaid
Demand deposits
Time deposits
"United »SL,.vies bonds borrowed
Other bonds borrowed
Securities borrowed
Notes and bills rediscount ed
Bills payable
Letters of credit
AtreptaiK'es based on imports and e>:j
xporis.
ai
Liabilities oilier than those above sfaiie d . . .
Total
], 066,5Xfl 307. 50 :!
724,307,901.01
2*8,082,310.07
716,517,138.75
1.00.*>,8yi, 977.50 :
' 711),->29,403.3!) !
29.J, T)8;j, 9o9.21
727,793,301.50
1.008.519,105.00 j
'72^0S(i,2l(l 17 ,
6,345.35 I
7,090,45*. 50 !
2,236,6-17,932.10
1,332,887.50
5, 149,701,825.27
1.199,188,335.32
33,602,940.00
11,549,476.41
317,943.51
3S, 534,087.67
57,12(5/299.62
8,093.50
0, 415,996.07
2,220,110,108.3S 1
3,932,185.98
5,407,211,478.11
1,254,369,875.46
33,530,806.11
8,132,515.4S
78,049.49
37,568,342.27
52,965,176.96
500. 36
0,289,592.81
2,201,716,021.16
1,953,817.90
5,325,853,421.84
1,285,428,400.06
33,336,164,20
8,130,963.18
98,556.99
39,918,987.3i
58,200,677. (X)
5,650,814.64 i
11,327,605.01 I
3M,75.-i.:J2l.77
722, 70.:', 856. 50
6,384,557.60
11,566,846,004.57 j 11,842,354,995.11 I 11,795,685,156.88
1. COS, SG3,507.70 \
'722,577,738,63 |
300,01S,297.47 i
718,496,591.50 i
22, SCO. 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
84,983.05
45,550,405.57
00,169,307.64
55,137,152.61
13,077,3*8.22
13,755,956.01.
12,207,090,429.00
! 06S,64t)
'722,877
317,236
713,407
23
20
7,287
2,702,366
1 624
0,070,219
1,375,956
32,151
4,999
76
42,SS8
60 507
75,471
26,SOS
13,«47
725,5,")4
294,2(i7
713,314
23
8
11,256
2,727,16S
' 22,695
6,22;}, 842
1,-11.7,417
31,775
4,735
42,530
55, SS6
87,S59
;i9
13,236,331 I
5
Ci
CO
o
310
REPORT- OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. OO.—Aggregate resources and liabilities of national banks from
1914, to October, 1923—Continued.
January,
J916.
[In thousands of dollars.)
Mar. 7
(7,580
banks).
Juno 30
(7, 579
banks).
May 1
(7,578
banks).
Sept. 12
(7,589
Nov. 17
(7,584
Dec. 27
(7,5S4
banks1).
banks).
RESOURCES.
7,490,011 7. 606,428 7,679.167 7,859,837 8,445.784 8,340,620
Loans and discounts l
0; 108
9,317
Overdrafts
5.493j
6,994
7,839
10, 403
S3, 761
Customers' liability under letters of credit.
102,386: 100,326
29,001
77,512
32,443
66.034
Customers' liability account of acceptances.
43; 829!
59.072
101,581
77,879
98,192
731,205
United States bonds
753.913! 738,830
724.473
729,777
716,900
1.404,7*7J 1, i>2»\ 5 6 7 1,527.832 1,624.627 1,709,956 1,725,347
Other bonds, securities, etc
Stocks other than Federal reserve bank
stock
39,979!
39,366
37,838|
39, l i t
Stock of Federal reserve bank
53, 028j
54,1261
53;923
54,112
252, 982
261,464
Hanking house
259,427
262,489
31,505
32, 068
Furniture and fixtures
31,908
32,392
-17.320
Other real estate owned
48.221
47, 627
48,004
Due from approved reserve agents
1,022! 042
936.339 1.035.107
945.S12
Due from banks and bankers
983, 659 898,890
772,979
780,600
Exchanges for clearing house
319,430
516, 705; 402,591
392,684
Other checks on banks in the same place...
22,874
25.570
28,380
28,292
Outside checks and other cash items
30,019
32;817
37,233
38,550
61,908
Notes of other national banks
62,238
56,003
77,049
Federal reserve bank notes
1,1
1,377
2,083
Federal reserve notes
8,940
1.2. 549
29,
13,190
10, (123
Coin and certificates
708,780
686, 848 077,099
663,
663,022
124,833
101,496
Le;;al-tcnder notes
113.
105,101
108,847
431,195
Due from Federal reserve banks
649,171
531,028
428;
707,497
Redemption fund and due from United
43,024
States Treasurer
41,730
42,346
i, 851;
40,
48,301
, 614!
14,912!
Other assets
15,246
21,652
7,518
8,
Total
13,838,681 14,195,595 13,926,868114,411,537 15,520,20515,333,552
LIABILITIES.
Capital stock paid in
1,067,289 1,067,481 1,066,049 1,067,565
Surplus fund.
724,664
724,697
731,389
731,409
Undivided profits, less expenses and taxes
paid
306,614
317,050
317,473 305,850
Amount reserved for taxes accrued
9,274
Amount reserved for all interest accrued
7,5«8
National-bank notes outstanding
695,835 682,245 676,116
074,115
T)iic t o Federal reserve bank
\
11
2
17
Due t o approved reserve agents
j
7,842
10,184
7,134
9,383
Duo t o banks and bankers
j 3,066,233 2,985.959 2, 702, 756 2,908,512
1,029
1 >i vidends unpaid
I
l, 300
3,960
21,099!
Demand deposits
' 6.221,220 6.549. 583 6,473,3611 6, 708, 883
Time deposits
! 1,495,153 1,586,435 1,669,687j 1,736,766
26^ 359
27,948
United States bonds borrowed
27.538
27,053
4,513
Of nor bonds borrowed
|
4,437
4.133
4,856
322
Securities borrowed
I
11,"
' 1781
'180
Notes a n d hi 11s rediscounted
i
31,083
31,489
33,286|.
Bills payable, including obligations representing money borrowed
30,873
35,332
38,499
32,231
Bills payable, other than with Federal reserve bank'.
'Bills payable, with Federal reserve bank.
State bank circulation outstanding
23
23
23
23
Letters of credit and traveler's checks outstanding a 4
105,171
81,182
102,653
85,943
Acceptances
42,677
59,836
76,608
69,303
Liabilities other than those above s t a t e d . .
10.59"
9. 886
14,401
14,709
Total
Liabilities for rediscounts, including those
with Federal reserve bank
332,458 343,139
9,556;
9.453
9,424'
9.586
665,259! 666,409
5
3
12,0S()
9,124:
3,339,028! 3,248.929
2,184
1,390;
7,322,688! 7,148,302
l,816,440:, 1,854,740
25,985
26,588:
5,070
3.984j
458
.45;
24,539
578
23
27,008
8,123
23
31,372
98,231
35,009
100,342
18,317!
'_
1
20,055
! 13,838.68l|l4,195,595 13,920,868 14,411,53' 15,520, 205,15,333,552
>
'
.
!.._..'_
'.
!
53,394
I
1
1,071,116 1,070,793
739,336, 744, 653
48,554
54,627
Commencing Sept. 12, 1910, notes and bills rediscounted not included in loans and discounts, but
shown as contingent liabilities.
2
3 Includes Federal reserve bank notes.
Prior to May 1 this item read "Letters of credit."
< Prior to Nov. 17 this item read "Acceptances based on imports and exports."
311
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 55.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1923—Continued.
1917.
[In thousands of dollars.]
Mar. 5
(7,581
banks).
May 1 : Juno 20 j Sept. 11
(7,589 j (7,004 | (7,638
banks). ! banks), i banks).
N o v . 20
(7,656
bunks).
D e c . 31
(7,662
banks).
RESOURCES.
Loans and discounts
Overdrafts
Customers' liability under letters of credit..
Customers' liability account of acceptances.
United Slates bonds
Payment on account subscription for Liberty loan bonds
Liberty loan bonds
Other bonds, securities, el<?
Stock other than Federal reserve bank stock.
Jriook of Federal reserve banks
Banking house
Furniture and ILxtures
Other real estate owned
Dw, from Federal reserve banks
Lawful reserve with Federal reserve baaks.
Hems with Federal reserve banks in process of collection
Notes of other national banks
Federal reserve bank notes
Federal reserve not es
Coin and certificates
}.C£al-tcnder notes
Cash in vault
Net amount due from national banks
Due from approved reserve agent
Net amounts due from other banks, backers, and trust companies
Exchanges for clearing house
Checks on other banks in the same pla;;e..
Outside checks and other cash items 1
-Kedemption fund and due from I . R.
Treasurer
interest earned but not collected
Other assets
Total
8.7.12,802 8,7,11,679! s, SI8, 3.12, 9,055,248 9,535,527 9,390,836
7, 066
8,069: ' 9,619;!
9,007
15,044
15,073
20, 703
21,1351
2-l,5J2
29,439
26,944
2.1,052
94,421
105,653: 135,734; 132,948
147,992
211.458
714,523
70S, IJ4 i 90~>, J27! '941,082 1,651,262; 1, On', 903
i
171,129!.
217,900
702.921 j
609,620
J, 770,083 1,850.983; 1,843,047 1,863,621 1,906,782 1,870,967
39, 1S2
39,074!
38.938!
42,134
•12,837
41,730
5-1,329
54', 827;
54,695!
55,4S0
55,698
55,933
202.SI 5 200,880
269. 9-17
272,190
273,941!
273;695
:
31,798
32,179
32,594
32,611
32,917!
32,293
4S, 277
47,212
46,056
46,273
46,112!
46,063
750,202 701,995
820,58-1
1,046,102 1,077,701: 1,110,204
(>1,352
2,049
17,080
70.5,998
107,994
65,657
59,734
1,617;
;
19,376
659,501i
103,82Si
1.20,708
(2)
:
2,248,
22,973 :
556,0801
]()5,147j
94S, 009J
()
(-)
827,943:.
>39,054
U9,204'
3O,919|
37,906;
890,592 !
578, 145!
58.56r
45; 878;
809,233!
445,471 i
47,95K!
37,031;
•H, 199:
39,547;
41,363j
158,G5S
510,120
532,120
493,609
292,192 1,369,591 1,429', 010
i
1,077,727;
105,118
a
341,4.121
401,742i
39,647
30,335
13,498
23,72.1
25,779 __ 25, S841_ 18,304
15,979, 122"l6,144", 403 i 10, 151,040 10.,
400,593
399,974
43,615
377,570
055,037
72,5S9
59,0f> 4
•12, 089
40,407
42, 649
31,981
17,121
27,431 _ 31,045
IS,073,308
TIAI5IUTIKS.
Capital slock paid in
Surplus fund
Undivided profits, less expenses and taxes
paid
Interest; find discount collected but not
earned
A mount; reserved for taxes accrued
Amount reserved for all interest accrued..
Kidional-bank notes outstanding
Due to Federal reserve banks
Due to approved reserve agents
Net amounts due to national banks
Not amounts due to other banks, bankers,
and t rust companies
Dividends unpaid
Demand deposits
Time deposit s
United States deposits
F'ostail savings deposits
United States bonds borrowed
Other bonds borrowed
Securit ies 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
Liabilii ies other than, those above staled..
Total..
iibilii ies for rediscounts, including those
with Federal reserve banks
1.073,875! 1,079,009i 1,082.77! 1,090,3181 1,092,207 1,092.000
'7,:>4,62I: 701,051; '702,30'
769,050
7065
774,575
i
I
3 - 7 . 112:
353,407
354,023
W>9, 801
7,GM)
11,405
000.431
' 48
M.,233
11,509
10,142
665,042
3,757
39,529
14,434
i3,530
009. 002
4.223
1
7,772!
;so2!"
, 5o2 ! 10.997 j
66! , 157. 050, i 00,
I1
8!
-S',579
.15.721
9'. 8*0
071,25'r
3,18()
I, 190,330 1,257,587
3, 075,3S1, 3,370,558 3,014,333 1,848,403! I.S45.707 1,901,
1,155!
4,741
2,401
0)
'
7,2.4), HO: 7,018,011 7,431,029
s' 050, 948 s, I3ti. 395
1,981,0-50! 2,078,448 2,090,01*!: 7,079,370 2. 281, 865
2,295,9-2
298.
"132,905;
210,395 1, 352, 006
517, 315
* Includes United States certificates of indebtedix-ss find excludes Liberty loan bonds,
2
Included under heading -''Cash in vault."
* This item formerly included amoun:s due from
Kajional banks other than approved reserve agents.
V2:il)G°—24
21
329,712-
9*1,695
33,591
347
144,403:10,151.040.10, 513,499 18. 553,197JI*
475,416
4
!
Included v i t h demand de]>osiis.
» Vrior to June 20 JW17, included with
deposit s.
6
included wi(h time deposits.
312
BEPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 55.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1923—Continued.
1918.
[In thousands of dollars.]
Mar. 4
(7,670
banks).
Aug. 31
(7,728
banks).
June 29
(7,705
banlss).
May 10
(7,688
banks).
Nov. 1
(7,754
banks).
Dec. 31
(7,767
banks).
RESOURCES.
Loans and discounts
Overdrafts
Customers' liability under letters of credit..
Customers' liability account of acceptances.
United States bonds, other than Liberty
loan bonds *
Liberty loan 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
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 U. S.
Treasurer
Interest earned b u t 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 L0,096,940 9,918,294
13,586
11,662
16,814
12,497
14,306
12,968
25,022
25,324
15,275
12,563
16,284
13,204
231,673
222,1761 239,102
310,593
291,502
221,397
1,645,118 1,796,194 1,386,251 1,787,378 1,781,993 1,735,889
668,048 1,374,319 1,213,989
730,534
475,531 861,329
1,815,340 1,757,588 1,740,845 1,695,070 1,660,465 1,683,071
42,412
42,660
42,753
48,17
39,213
47,461
56,756
56,982
57,259
57,427
56,219
58,100
276,502 277,315 277,941 280,615 282,012 281,901
34,027
33,340
33,495
32,689
34,653
34,518
46,642
45.639
46,306
46,765
45,871
45,034
1,071,155 1,103,895 1,129,557 1,111,432 1,099,208 1,180,163
172,451
171,876
183,892
196.315 260,425 286,384
382,701
449,719 463,494
364,136 443,828 522,063
1,441,"" 1,162,750 1,147,877 1,196,409 1,177,169 1,303,145
388,693
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
356,13'
533,435
68,718
64, ar
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
12,98;
45,596
34,817
5,956
30,127
5,440
21,524
12,498
15,052
10,842
20,869
10,180
24,288
6,516
20,569
18,014,911 18,249,905 17,839,502 .8,043,60.* 19,821,404 20,042,22-t
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
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
1,091,338 1,096,932 1,098,556 1,101,839 1,107.760 1,109,735
809,138
813,769
829,663
801,165 803,143
845,282
332,326
355,937
377,875
27,279
29,396
27,
27,865
26,565
21.118
18,363
22.484
31,524
17,481
14,169
10.700
12,354
14,348
10,761
681,63
675,698
672,161 680,445
674,201
5.522
3,263
6,042
10,076
4,691
1,348,184 1,139,776 1,100,919 1,104,074 1,125,124
338,596
48,879
38.098
11,956
676,827
8,911
1,248,569
1,917,
9,460,
2,473, 868
313, 381
184, 929
12, 279
400
1,949,785
8,084,146
2,370.679
6S2,712
66,795
26,534
814
1,7-43,134
8,094,686
2,342,747
1,060,086
77,865
29,781
2,014
44,130
191,229
59,839
315,124
19
84,46'
283,367
IS
90,813
600,05:
1!
78,70.::
859,13f
1
<
61, 564^
817. 264
19
32,441
250,323
2,439
95,917
26,24C
231', 80S
2,931
6690
24,7Si
243,77:
3,99'
23,64(
332,71S
2. 88,'
163,92,-
21,691
305.101
6.419
140,1.04
r
37,138
230,164
1,516
23,008
1,695,642 1,775,820 1,766,059
7,838,150 8,095,749 8,640,818
2,343.589 2,397,49: 2,372.512
1,037,787
506,583 1,136,88102,620
104,711
228,401
27,57*
19.984
15,138
207§
'922
634
49,65J
18,014,911 18,249,905 17,839,502jl8,043,60.: 19,821,404 20,042,224
421,537
469,208
includes United States certificates of indebtedness owned.
366,637
342,099
!
515,440!
i
603.14
629, U
502,007
313
REPORT OF TH-i: COMPTROLLER OF THE CURRENCY.
TABLE N O . 55.-
- Aggregate resources and liabilities of national banks from January,
191/h to October, 1923—Continued.
1919.
[In thousands of dollars.]
Mar. 4
(7,761
batiks).
May 12
(7,773
banks).
Juno 30
(7,785
banks).
Sept. 12
(7,821
banks).
Nov. 17
(7,S65
banks).
Dee. 31
(7,890
banks).
RESOURCES.
Loans and discounts
Overdrafts
Customers' liability under letters of credit.
Clist omers'liability accoun t of acceptances.
United States bonds, other than Liberty
loan bonds l
Liberty loan bonds
United States Government securities
owned
Other bonds, securities, etc
Stocks, other than Federal reserve bank
st oek
Stock of Federal reserve ban ks
[Banking house
3''limiture and fixtures
Oilier real estate owned
Lawfulreservc 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 hanks, bunkers , and trust com panics
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
War savings certificates and thrift stamps
actually owned
Other assets
' Total
9,691,187 9,904,82110, ,574,838:11,085, 162 11
1,560,242 11,786,227
13-y881
12,421
14,053
15,131
23,116
17,044
2,336
1,708
3,021
4,592
4,923
7,690
263,108
217,819
260,486
308,049
343,008
393,552
2,652,354 3,024,588 1,722,394
1,029,253 1,003,552 -1,449,518
3,290,593 2,881,881 2,723,493
1,701,025 1,743,005 1,767,038: 1,806,595 1.870,103 1,874,028
47,614
47,353
49,503!
52.148
49.606
51.8;
58.393
59,068:
58,729
60| 473
61,581
61,426
282.192
287,598
280,910
289,908
300,394
295,932
31,913
36,150
37.519
35, 854
38,993
39,259
45,853
4o,202
47;813
45, 883
46,355
43,48.1
1,149,100 1,179,080 1,208,969, 1,227,341 1,202,339 1,312,112
273,383
291,397
287,415!
377,861
476.375
456,595
13,1,839
4")"», 309
508,005
424,455j
439', 211
4f>0l 041
1.296,659 1,250,325 l,205,779| ],268,027 1,433,555 l,350,:s20
344,554
-179,040
49,157
52,403
337,108
080.831
62,034
58,044
375,300'
754,501
68,765".
72,945.
439,049
610,331
52,652
59,694
533,669
829,784
90,190
77,873
493,300
960,531
102,274
82,642
45,703
41,598
37,864
45,202
38,604'
40,200
40,364
47,673
38,716
40,913
41,510
45,109
5,113
1,613
4,402
<)
23,003
27,815
42.0S0
48,130
27,685
61,949
20,017,700 20,8247991 20,799,550.2J,615, 410 22,4 14, 99'2 22^711,375
LIABILITIES
Capital stock paid in
Surplus fund
Undivided profits, less expenses and iyxes
paid
Interest and discount collected but not
: earned
Amount reserved for taxes a "crued...
1
A inountresc.Tvod for all iritoi e.-1, accrue!...
N;ii ional-bank notes outstanding
Due to Federal reserve bankNet amount due to national ban.k>
Nel: amount due to other bank-. bankers,
' and trust companies
'.
Certified checks outstanding *
Cashier's checks outstanding
Demand deposits
Time deposits
United States deposits
United States Government securities borrowed fi
Other bonds borrowed
Securities (other than United Sioies or
other bonds) borrowed
Bills payable, other than with Federal
reserve banks
Bills payable with Federal reserve bunks..
Suite bank circulation outstanding
Letters of credit and traveler.-' checks outstanding
Acceptances
Time drafts out standing
Liabilities other than those above suited..
Total..
Liabilities for rediscounts, including those
with Fedora! reserve banks
1,106,550 1,111.501 1,118,603 1,137,970 1,153,752
85 V. 433 '859,603
872,220 ' 880,0S0
902,905
358,753
387,950
414,700
372,649
i:57,395
51,338
55,SO 4
55,116
58.011
60.827
• 1 1 , 1,11
44;886
39,337
40,658
H.323
45,987
16,592
17.! 19
13,794
073,923
19,550
670', S.19
681,589
677,162
680,879
7,807
0,724
13,508
10.912
14.268
1.233. 150 1,197,673 1,134;918 1,208,451
1,357,459
J.958,105 1.SSO,836 1,839,158 1,815,011. 1,998,993
290.795
159,339 ' 269,37-1
275,100
217,125
215;933
138,672
206,846
206', 012
179,859
8,55S,384 9,103,534 9,106,192 9,751,' 533 10,200,:
9,751,533
751533
2,052,00(5 2,729,245 2,781.940 " "
2,921,034 3,053,685
500,793 ' 518,903
~
'"
591,318
270,390
530,551
171,205
0,308
168,271
5,956
473
59
47,229
47,098
J, 014,629 1,152,291
19
19
10,372
269,173
9,957
81,598
388.896
1,158,259
921, ;W5
376, 707
60, 780
40, 127
.14,257
685,709
12.805
1,273,849
2,062.0,19
3 isi S2S
284, 615
0,325. 162
3,139,5 L2
418, 803
1S2,765
5,547
^233,73Si
0,193
190,163
5,062
167,328
0,332
504
510
97
31
58,284
50,199
50,640
991,117 1,013,966 1,005,950
58
19
57,177
S81,13t
58
15,215
17,061'
9,911
6,644
9, OSS
407,039
224,151;
272,035.
323,220'
359,110
5,472
14,001!
13,520|
13.379!
11,701
38,817
145.134'
132.0001
87,057i
62,419
20,824,991 20,799,550121,615,416 22,444,992 22,711,375
348,208
1
Includes United States certificates of indebtedness owned.
2
Includes Victory notos.
3
Now included with United Stales Government securities.
4
435,368;
440,910
080,476
973.199
Includes Liberty loan bonds, Victory notes, United States certificates: of indebtedness, and all other
issues of United States Government securities.
5
Formerly included with demand deposits.
6
Prior to
Sept. 12 this item read United States bonds borrowed, including Liberty loan, and certificates
of indebtedness.
314
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLK NO. 55.—Aggregate resources and liabilities of national batiks from January,
191Sh to October, 1923—Continued.
1920.
[In thousands of dollars.]
Feb. 28
(7,033
banks).
May 4
(7.990
banks).
June 30
(8,030
banks).
Sept. 8
(8,093
banks).
Nov. 15
(8,123
banks).
Dec. 29
(8,130
banks).
RESOURCE*.
Loans ami discounts
Overdrafts
Cnstomers'liabiLity under let tors of crodit..
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.
I/awful 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
E?ichanges 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
12.415.762 12,311.514 12.095.295
!2,390.9fK> 1
11.994. A2! 1.
.23 '2,288,."
10.996
10.400
10,481
17,545! ' 19,277
19.210
()
'
o. 759
9,218
8.710|
'l)
7. ",18
42f>; 390
416,417
354,184
410,079
398)6611 384,019
2.459.424 2,375. 801 2.209, 575 2.175.019i 2.152.40" 2.131,573
1, 859,231 I. 835.. 089 1.802,196 1,805,579! 1.833;08(: .1,864, 758
51.732!
49,407
48. 040
48.002
57.191
52.468
00, 850
63,287
68, 505
62. 007
08,273
64.153
322! 732
315,735
332.183
330.901
30."), 912
311.71.")
40,394
49.247
50. 824
40. 90S
42: 981
41,259
45.931
43, 97")
45.922
40.906
44.741
44,900
1,230,282 j 1.218,007 1.184,73G
1.280.290 1.260.209 1,245,233
482.100
437, 800
454, 720
493.215j
530.490
450.351
370. 7511
450.283
471.540!
418.037
!
1,296,428 1,121,415 1,072,222 1.110.7721 1,070.050!
422.002
494'. 400
942,174
345,901!
435.015;
09,0101
05.814!
321.037
700,215}
78.350!
79.201 i
313,451)
511,375;
02. 829j
04.399;
298,913
790,098
78i 045
70.548
255.399
620,91/i
53. 752
50, S77
43.191
48. 223
203. 000
Total
310,882
552.052
08,979
05.289
38.213
45,08!
191.47:2
38,9021
48. 005
.184.017
41.332!
50. 535;
180. 829!
39.159
48. 251
222,901
38,376
51.252
224; 093
21.862. 540122.038.71-1,22. 100. 737 21. 885. 48O;22.081.913 21, 367. 79i)
i.iAi*ir.mr.«.
|
Capital stock paid in
:
1S2.0N2 1,214.769 1.221.100 1.248.271 1.209,930 1.272.291
Surplus fund
j
944, 120
960,598!
9.S6,384' ' 996,928 1,016,522 l r 019,928
Undivided profits, less expeiises aiid taxes
paid
404, 443
•137,7011 411,525
459,1391
483, S01
495, 722
Interest and discount collected but not
73,075
73, 515!
74,5.17
earned
00,
71,,047
C
74,5G0
51,190
46,516
42.
097
A moiint reserved for taxes accrued
43., (i
40,343j
51,000
17.905
70."
21.950
.19.7
Amount reserved for all i nterest accrued...
15; 3751
16.
22,155
08.x; 400'
4
693,270
National-bank notes outstanding
0X8, .178
093,919
087.
097,880
, 039!
19.(1
21,310
Due to Federal reserve hanks.
II
19,101;
17,900
24.086
1,249.0/3 1.084.437J 1,01.7,141! 1 , 076,101 1,046,908
Net amount due to national banks
, 249.
938,053
.Net amount due to other banks, bankers,
044. 45(J 1,836. 103 1. S07.718j 1 , 691.249 1, 577,579 1,589,767
and trust companies
M4.459
71 <il7 ' lf>"» 970 ' 174; S02j
130,044
Certified checks outstanding
71
105.
237.839
178.584
.174,259
Cashier's checks outstanding
213. 801
.101); 880)
208, 055
204.318
255, 486!
10.041. I89H0. 123', 428110.219, 824:10.035,030 10,098, 884 9.503.175
Demand deposits
3.259. 178J 3,410. 480 3,485, 50i; 3,500,298 3,021,112 3,031,837
Time deposits
07. 9 H| 115, 200
175.788!
53,453
147,239
212,123
United States deposits
W.065. l22\t0,024, o4J\17, loo, 421:10, 751,956 16, 961, 70," 16,277,757
Total deposits
United Slates Government securities bor1
110. 21:?
123.243
130.900!
136,914
131.309
140. 55)
rowed
4,008,
847
4,620'.
3,823
4,30'J
4,675
Other bonds borrowed
Securities (other than United States or
1.893
1,520,
196
other bonds1) borrowed
Bills pa vable, other than with Federal re55.980'
98.28.1!
129,908!
151,775
115.457'
154,184
serve banks
912.095'
952.624!
879,308;
870.095'
783,242j
759,247
Bills payable with Federal reserve banks..
5Sj
5S;
5S
State bank circulation outstanding
Letters of credit and travelers' checks out7. 498;
20.74."
5, 505
11,149:
0.37
8,002
standing
424.009;
431,198
400,525
438.43(!
411, 583
375,416
Acceptances
1,087,
831
153
245,
103
1,151
Time drafts outstanding
28, 544!
18,835
17.480
29.522
25, 443
31,4561
Liabilities other than those- above s t a t e d . . .
1
Total
i21. 802, 5-10:22. 038, 7u!22,190,737*21.885.480;22, 081. 913 21.307. 799
Liabilities for rediscounts, including those .
.
.
.
with Federal reserve banks
j 1,096,509; 1,211,174; 1,214,510; l,290,304j 1,453,20i
* Since Sept. 8, 1920, letters of credit included with loans and discounts.
1. 131,041
KKPORT OF THE COMPTROLLER OF THE CURRENCY.
815
TABU-: NO. 55.--Aggregate resources and liabilities of national banks from Jan uary.
l»L'h to October,
lfm—Continued.
1921.
[In thousands of dollars.]
|
Feb. 21
Apr. 2S
<s,i52
banks).
banks).
Loans and discounts
.11,080,837 11, -it»7,07 4
<) verdraf ts
12,300
10)770
Customers liability account of acceptances.
330.023
2s2.478
United Stat cs Government securities owned 2.047; 234
2,001)81!
Other bonds, stocks, securities, etc.
1', 0S0;S2:>
.1,990,970
Banking house, furniture, and fixtures
390,700
399,03S
Other real estate owned
47,051
:>2', 398
Lawful reserve with Federal reserve banks, 1,128,517
.1,077, 155
items wi t h Federalreser v e bank in jiroccss
334,722
313.38.">
ofcolleef ion
Cash in vault
397,773
402/223
M ) 1,201
M
Amount due from mil ional banks
* 752)934
Amount due from other banks, bankers,
- 218,797
2 21 (.,957
and trust companies
-17.x, 20S
f clearing o
Exchanges for c l a i g house
390. 10")
Checks
C h k on other banks in the same place...
th b k i th
•u;,oio
37.101
Outside checks and oilier cash items
39,7S9
40,000
Redemption fund and due from Tinted
37,101 I
States Treasurer
35.000
230,400 i
fuller assets
19s', 711
Total
Cnpil al st ock paid in
•Sir pi us fund
Undivided prof "us, less expenses and taxes
paid
National bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to other banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks on own bank outstanding.
Demand deposit s
Time deposits
l.'nitcd Sla-ics deposits
Total deposits
"United States Government securities borrowed
Bonds and securities (other than I'nited
Slates) borrowed
Bills payable, other than with Federal
reserve b k '
mils payable with Federal reserve b a n k s . .
Letters of credit and travelers' checks outs tan ding.
Acceptances executed for customers and to
furnish dollar exchange less those purchased or discount ed
'.
Acceptances executed by oilier banks
Liabilities other than those stilted aLo\ e..
Total
/iabiliiif-s for r e d i s c o u n t s , i n c l u d i n g those
w i t h F e d e r a l rescr-» «..• b a n k s
J
1
3
Sept. 0
(S.I.V)
banks).
banks'.
11,12.">, 099
9,971.1
238)2S7
2,019.497
2,005)58-1
410,392
51,742
1,010,205
i
1.0,977.014
I2i3""
Dee. 31
banks).
1,801)977
1,973,749
421,027
52) 939
1,029,978
10,981,783
9,949
200,003
1,975,89J»
2, OS 1.442
429)925)
5l,30S
1,1-13)2.39
328.002
374! 3-19
7")*), 801
305,409
3.YT)798
sos(iij
319,9 H
311,811
803,50S
259.050
050,093
00,47s
01)23s
231.041
•t i .7,845
51,973
55,212
30,290
20[, 703
J'i."i, 27-1
20,307,051 i 19,570,099 | 19,^38,410 i 19,014,102 j
li», 120. I3«»
1,273.205 : !. 271. 3*:J j 1.273.>s(), : 1. :>Vi-. 17T
1,029)100; 1,021,701
1;<'20.250 j r.02.",;J7:i
500,510 !
0vl,3(>0
II, 713
- Ss7,01.8
1,501,503
122,380
100,202
8.900)593
3,712,430
113449
113,449
521,104
07!.», 577
10)5i1
- 751,749
i 2.1.337,072
! ' 1 is ,338
1
!
102,735
! 8,<;0t, 7S7
! 3.09S)5!N
175.149
1.ft,8o! ,$50
121,895
190.155
701.I 17
18,07s1
09!), 705
i.ost;
123.109
058)283
130.9:13
5S5)l)23
5,720
.117.003
IS9:O47
8.709.825
9 5 , N.M>
3.095, N)(i
'' 2 1-9 , 0 3 9
2
" '1 9
2S7.177
17,054
55,590
! 20,307,051 j 19,570,009
.1,14-1,077 ;
989,550
7O4'.«WiS
l'»,(M)S
757.9S5
1.313.
121.870
j
175.243
I fc,:j.V2'.7">(»
j ;;.<iSi»l 7()4
|
I
' \i*X'.W
!
:
2,830 !
5.317
3315,044 j
I
23,403 i
53S.7S-J
J, 4 3 2 , 0 2 8
.100,32!
Includes c u s t o m e r s ' liability u n d e r letters of credit.
Prior f.o J u n o 30, \<j'2l, t h i s i t e m ceiled for " N e t a m o u n t s . "
'Jneiudos acceptances i:xc-cutcd b y oiiior b a n k s .
June 30
1 10,195
452,308
•I'i!.7v2
717,17:?
ls'.ss'i
779,7S'J
1,407.22F
5f.:0i)I
20S'.7ii>
8CMi)i>l'J
M,X-J7
3,230
5,740
133.830
•117)859
14.434
)
•1,970
239, t>S2
11. 2J3
•11!) M7
2ini,507
li.073
43:320
li)Ji38. lit) : 19,'Hi, 102 j
879,410
178 j
2!»2,37S
19.420,13ft
523,0
316
REPORT Or THE COMPTROLLER .OF THE CURRENCY.
TABLE NO. 55.—Aggregate resources and liabilities of national banks from
1914, to October, 1923—Continued.
January,
1082.
[In thousands of dollars.]
Mar. 10
(8,197
banks).
May 5
(8,230
banks).
June 30
(8,249
banks).
:
Sept. 15
(8,240
banks).
Dec. 29
(8,225
banks).
RESOURCES.
Loans and discounts (including redis11,282,579 11,184,116 11,248,214 11,236,025
counts) ]
11,.295
10,227
1.2,141
9,198
Overdrafts
169,887
168,935
171,190
176,238
Customers' liability account of acceptances.
United States .Government securities
2,285,459 2,402,492
2,031,564
2,124,691
owned
...
2,086, f>96 2,162,587
2,277,866 2,289,782
Other bonds., stocks, securities, etc
440,296
444,368
Banking house, furniture, and fixtures
459,020
452,434
57.598
62,531
67,789
64,383
Other real estate owned
1,151,605 1,232,104
Lawful reserve with Federal reserve banks. 1,(24; 707 1,150,885
Items with Federal reserve -banks in pro355,666
330,917
418,923
312,900
cess of collection
336,065
3*4,504
331,951
326,181
Cash in vault
987,816
974,375
1,063,695
974,975
Amount due from national banks
Amount due from other banks, bankers,
267,050
299,541
248,578
244,707
and trust companies
481,368
681,269
614,771
767,096
Exchanges for clearing house
38,207
45,215
Checks on other banks in the same place..
54,623
63,394
41,205
4-4,053
63,112
64,928
Outside checks and other cash items
Redemption fund and due from I'nited
36,823
36,507
States Treasurer
176,415
184,556
163,234
Other assets
Total.
19,850,402
20,176,648
1,280,528
1,036,18-1
1,296,220
1,0-40,249
11,599,668
13,045
208,465
2,6.56,560
2,347,479
470,644
75,178
1,220,847
455,792
391,840
1,065,820
316.966
777,572
70,088
62,221
20,706,010 : 20,926,099 j 21,974,957
LIABILITIES.
Capital si ock paid in
i
Surplus fund
I
"Undivided profits, less expenses and taxes
paid
National bank notes outstanding
Due to Federal reserve banks
Amount due to national, banks
Amount due to other banks, bankers, and
trust companies
Certified checks outstanding.
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings)...
United Srates deposits...
Total deposits
Tnited Slates Government securities borrowed
Bonds and securities (other than United
States) borrowed
Bills payable (including all obligations representing borrowed money other than
rediscounts)
Notes and bills rediscounted (including
acceptances of other banks and foreign
hills 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 discoun ted
Acceptances executed by other banks
!
Liabilities other than those stated above...!
Total
1
508,560
719,570
17,641
962,140
1,560,920
174,469
175,632
8,446,530
3,837,759
215.347
15,390', 438
1,317, 010
1,075, 545
492,434
725.7-18
19^852
916,740
539,047
726,789
26,472
1,031,648
528,924
723, 819
28, 109
1,035,961
1,657, 409 1,565,459
205.682
190, 877
245^ 091
, 193,763
8,707,201
9,152,415
3,918, 282 4,111,951
103,374
141, 844
15,766, 988 16,320,56^
1,582,444
164,427
208,991
9,270,378
4,169,^20
145,1.82
1
,508,762
16,
1,691, 307
218, 464
287,,733
9,535,,995
4,318., 730
304' i.76
17,420, 481
,
522, 658
720, 9S4
21, 213
936, 399
46,225
42,475 |
38,104
34,615
3,058
2,897
2,990
2,948
275,089
248,681
22S,4S1
181,765
310,781
323,737
285,940
280,271
247,559
262,421
4,719
5,050
8,256
6,639
4,889
171.332
13', 869
57,551
170,132
14,748
55,715
172,887
16,494
59,481
165,715
17,654
51,756
199,844
23,631
70,049
19,850,402 I 20,176,648 [ 20,706,010
20,926,099
53,722
0,103
Includes customers' liability under letters of credit.
1,307,216 | 1,307,122
1,048,806 I 1,042,197
21,97 i, 957
or THE COMPTROLLER OF THE CCEEEXCY.
317
TABLE NO. 55.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1923—Continued.
[In thousands of dollars.]
Apr. 3
(x,229
banks).
June U
O
(s.241
banks).
Sept. H
(8.239
banks).
RF..SO"Tt(T.S.
Loans a n d discounts (inpluding rediscounts) *
Overdrafts
Customers 7 liabili!y account of aeeepiantes
H i k e d Stales Government sceuri! ies owned
Ol her bonds, Mocks, securit ies, e1 c
Banking house, funiiuirc a n d fixtures
Oi her real estate owned
Lawful reserve with Federal reserve banks
Items wii h Federal b a n k s in. process of colleci ion
Cash in vault
Amount due from nai ional banks..
Amount due from ol her banks, bankers, a n d I rust companies
E^changes for clearing hou>e
(Checks on other banks in. the same place
OMIside cheeks a n d oi her cash jtcms
Redemption fund a n d due fiom U. S. Treasurer
Oi .her assets
Total.
JI. 007, 959
1J,OG2
202, 820
2.094,207
2! 310, 915
479, 580
82.139
1. 179, ">00
424,020
359, 147
1.033, 749
300, 990
520, 224
j
57, 3%
53, 942
30, s95
.151,902
21,012,713
Capital stock paid in
1,319,144
Surplus fund
1,007.052
Undivided prof}is, less expenses and (axes paid
4S0, 172
72S 070
Naiiona 1 bank notes outslanding
20,517
Due to Federal reserve bunks.
Amount due tomilioual banks
, 1,015,525
Amount" duo to other banks, bankers, and trust companies
, 1,044,488
.Us, 477
Certified checks on I standing
,
170,155
Cashier's checks outstanding
,
9,1 SO, 024
Demand deposits
Time deposits (including postal .sa\ ingsi
4,580,210
t;niled Siaies deposit..'".
204, 279
Toi al deposi is
,
Cnilecl States Government securiiies borrowed
Bonds and securities (oi her than I'.iiied Stales) borrowed
Hills payable, (including all obijjaiiioii.s represvui ing boiTOwed
money other lhan rediseounis)—
Noies and bills rcdiseounied (including acce-|>iances(»foiher l)anks
and foreign bills oi'oxchango or drafts' sold wiili indorscmeni;
T.o! I ers of credli. and traveier>' checivs oui stan-iing
Acceplances cxoculed lor cusromers and lo furiiish d;>ilar exchange
less t hose purchased or discouuiec
AcceDlances execuied by olIier banks
Liabilities oilier than t holes' a! ed abow
Toi til
!
I ju-lu<les (-usiomers 1 lial
11,934, r>-r;
J1, 817,071
10,430
.12.950
Is7, 1.31
153,485
2,093, 840
2,002,702
2,37,"), 857 2.398,3i>i
493, 324
' 504,731
87. 1.33
80,412
1,142; 730
1.109,345
390, 911
' 403.450
291. 108
301,485
900,709
910', 014
29-'), 600
292,974
480, 333
4M,5S5
6-S, 283
49.500
71, 578
W, 400
37, 108
30.934
140,043
21,511,700 :
1,328,891
1,070,010
470,205
720,001
24,194
838, 227
1,540,777
54,123
199, 004
9,288.29S
21,<>i2,7.!3 I 21, 5li,7lili
'r lei '.ers of cro'.lii..
144,102
21.712.S7o
1,332,391
1,00N, 320
523; 010
731.479
29. 703
005, 104
1.5.10,573
130 ; 547
107.157
9.331.30S
lU,0U
/ 7 , W.'j, $•>•')
30,9S3
2,750
352,995
400 700
7,503
\ SU7
21,712, S70
TABLE No. 56.
ABSTRACT OF CONDITION OF NATIONAL BANKS ON
DECEMBER 29, 1922, APRIL 3, JUNE 30, AND
SEPTEMBER 14, 1923
(Arranged Alphabetically by States, Territories and Reserve Cities.)
[In Thousands of Dollars.]
NOTE.—-The Abstract of cacli State is exclusive of any reserve city therein.
319
321
B-EPORT OF THE OOlirTBOLLEK Oi" THE CUKB-ENCY.
Abstract of reports since September Id, 1932, arranged by States and reserve cities.
ALABAMA.
[In thousands of dollars.]
June 30,
1923.
Dec. 29,
1922.
Apr. 3,
1923.
105 banks.
104 banks.
63,127
.104
205
14,972
7,492
3,163
721
4.904
542
15,808
65,975
62
1.08
15,830
7,608
3,237
836
4,974
448
12,873
"15,"732'
8,503
3.396
' 699
4,837
267
10,008
67,537
162
6
15,938
8; 779
3,461
706
4,588
333
10,210
2,218
312
264
342
443
120
2,706
242
226
262
443
84
2,290
242
192
260
441
134
2,247
246
166
223
436
115
Sept. ! t,
1.923.
104 banks. 104 banks.
EKSOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer ^liability account of "acceptances"
United States Government securities
Other bonds, stocks, securii ies, etc
Banking house,furnit ure, and fixtures
Other real estate owned
Lawmlresenre with Federal reserve bank,
Items with Federal reserve bank in pnx'ess of collection.
Cash in vault and amount due from national banks....
Amount due from State banks, bankers, and trust companies
E xchanges for clearing house
('hecks on other banks in the same place
Onfcside checks and other cash items
Redemption fundand due from United States Treasurer.
Other assets
Total..
Capital stock paid in
Snrpl'is fund
All other undivided profits, less expenses and faxes paid.
National bank notes outstanding
Due to Federal reserve banks
Amount duo to national banks
Amount due to State banks, bankers, :\\\d trust companies.
Cert ified checks outstanding
Cashier's checks outstanding
,
Domaiid deposits
.'
Time deposits (including postal savings deposits)
Uiiiicd States deposits.
United States Government securiiie.s borrowed
Bonds and securities, other than United Siivle.s. borrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts^..'
Noies and bills rediscounts!
Acceptances executed for c-usiomer-. e«c
Liabilities other thnn Hio-ie a how smtc;.
Total..
114,737 :
11,340
6,438
2.773
S 7S0
115,914
11,105
0^456
2,719
8,593
51
190
2,098
J, X53
3,109
2,864
66,776
62
113,839 I
11.425
6,466
2,691.
\ ISO
163
1,248
115,153
(>, 484
2, •s67
s 626
,! 54
.
.1,511
17 922
39
J52
517
340
54,443
22,109
7)3,2X5
25,584
95S
652
52
2,077
54
206
49,310
27,141
476
51
1.05
105
100
100
469
1,097
205
42
815
734
1,234
2, (,52
o.571)
114,737
115,914
51.
80
2s7
4S 733
27, 2*5
393
51
1,495
I OS
i)
43
79
I!3,s39
;
[15,1.515
322
REPORT OF THE COMPTROLLER OF THK CURBEXCY,
Abstract of reports since September
//», 1922, arranged by Slates and reserve cities'-2-?-
Continued.
A LABAMA-Con t i mied.
BIRMINGHAM.
(In thousands of dollars.1
Dec. 20,
1922.
A p r . 3,
1923.
Loans and discounts (including rediscounts')
i
Overdrafts
i
United States (Jovern merit securities
Other bonds, stocks, securities, etc
Banking hou.se, 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 duo from State banks, bankers, and trust coin- '•.
panies
Exchanges for clearing house
Checks on other banks in the- same place
Outside checks and other cash items
Redemption fund and due from Uni led States Treasurer.
Other assets
Tolni...
2."'., 738
S e p t . 14,
1923.
2 banks.
I 2 banks.
J u n e 30,
19-23.
2 banks.
2 banks.
25,060
4
4,972
2,425
3S2
101
2,322
1,555
3,407
22,754
5
4,411
2,235
' 495
109
2,231
1.2S9
4)363
24,099
3.340
2)318
2S1
9
2,2X5
1,113
0.53?
1,07S
'203
1,148
27G
1,038
326
973
173
S3
3,612
2,217
495
109
2,056
1,462
4,200
S3
1SS
13f>
41,294
42,191
39,7S5 |
1.IABILIT1KS.
Capital stock paid in
Burp]us fund
All other undivided profits, less expenses and taxes paid.
National bank notes outstanding.'
A mount due t o 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 Slates deposits
j
Bills payable (including all obligations representing j
money borrowed other than rediscounts)
I
Liabilities other than those above stated
'.
Total
'
1,750
1 \ 550
1,475
1)628
2.7f>8
1,750
1,550
1)423
1,035
1. 0S0
1,750
I,
550
1,5*9
11 540
\\
538
1,750
1,550
1,085
1.043
1,511
2,910
' 130
275
10.634
11,016
336
2,035
' 42
71
10,772
12.1-15
1)076
1,5*1
30
68
10,547
958
1,716
!
41,294
200 i
312
42.191
341
r>i
37
10,706
12,622
'245
2S7 j
200
319
39,785 i
40,125
HI'.PORT Ol' T.HK COMPTKOLLEK OI" TIIK CCHEKXCY.
323
Abstract of reports since September 15, 1922, arranged by Siates and reserve cities-—
Continued.
ALASKA.
fin thousands of dollars..
Juno 30, '
.1923. I
Sept. 14,
.192;*.
3 banks.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and 'fixtures
Other real estate owned
(ash in vault and amount due from national banks
Amount due f torn State banks, bankers, and trust companies
Checks on other banks in the same place
Outside checks and other cash items
I
Ncdomption fund and due from United States Treasurer.
Other assets
S27
2
1,087
106
59
15
781
Total
1-iAMLITIKS.
Capital stock paid in
.Surplus fund
All other undivided profits, less expenses and taxes paid.
Nat ional bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and trust companies
Certified chocks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal saving-1 deposits)
j
United States deposits
Liabilities other than those above stsile-:!
Total.
150
M)
-7
1
02
3
1
12
1,791
' 551
290
32
2.171
2, 427
10
5
SO
63
59
7
1
1
2
I
S
1,417
590
300
21
i
14
1,520
(SOT
400
2, f»S6
2,955
324
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September lo, 1922, arranged by States and reserve cities—
Continued.
ARIZONA.
[In thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
Tune 30,
1923.
Sept. 14,
1923.
22 banks.
21 banks.
20 banks.
20 banks.
17,132
15,947
15,790
15,968
55
121
43
81
45
186
68
72
3,457
1,360
3,670
1,432
3,358
1,377
3,174
1,563
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
Ttenis with Federal reserve bank in proeess of collection.
Cashin 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 duefrom UnitedStates Treasurer.
Other assets
867
415
943
465
854
569
S54
558
1,300
1,320
1,181
3,943
3,160
3,293
802
164
42
90
70
320
716
203
98
165
58
289
541
228
50
164
60
76
30,027
Total
1,251.
3, 829
29,373
27, 782
27,852
1,900
1, 800
1,700
956
326
1,703
983
374
903
258
903
31S
1,216
1,166
1,045
1,066
40
20
4
17
581
161
.
35
97
53
174
LIAJHUTIKS.
Capital stock paid in
Surplus fund
All other undivided profits,less expenses and taxes paid.
National bank notes outstanding
Duo to Federal reserve banks
Amount due to national banks
Amount due to Slate 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 (Joyerument securities borrowed
Bonds and securities, other than United States, borrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts)
,
Notes and bi 11s rediscounts!
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed for customers, etc
Liabilities other than those above stated
Total
28
134
17
141
47
112
5
141
587
52
382
573
63
310
564
47
392
492
27
296
14,602
7,884
14,999
7, S75
13,774
7,729
13,593
2
1
497
963
296
487
301
567
480
Sit
1
121
2
4
81
12
1
1S6
13
5
72
19
30,027
29,373
27,782
27,852
184
115
152
84
134
9
urn
' 185
i)
EEPORT OF I H E COiMPTKOLLEK OF THE CURRENCY.
325
Abstract of reports since September 15, 1922, arranged by States and reserve citiesContinued.
ARKANSAS.
[In thousands of dollars.]
Dec. 29, ! Apr. 3,
1922.
:
! 83 banks.
1923.
June 30, ; Sept. 14,
1923.
1923.
86 banks.
8C banks, j 87 banks.
KJ-:SOUHCE.S.
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 b a n k s . . . .
Amount duofrom 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 Unit xl Slates Treasurer
Other assets
Total.
47,717
93
9,916
3.073
1,497
412
4,130
101
10,72G
4,455
40
183 j
190 I
195 I
247
47,430 |
90
11,171
3,338
1,553
' 443
4,064
105
9, 908
47,476
86
11,048
3,363
V">62
515
3,705
71
7,517
4S.1O4
10S
10,625
3,272
3,650
532
3,580
' 87
7,30S
4,615
97
257
163
2,545
99
216
143
2,670
41
167
111
19S
238
201
263
201
31.3
82,975 I
78,^10
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profi ts. less expenses arid taxes paid.
Nat ional bank not os'ouisl anding
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 securil ios borrowed
Bills payable (including all obligations representing
money'borrowed other than rediscount s)
..
Not es and bills rediscounted
Letters of credit and travelers' checks sold for cash, and
outstanding
Liabilities other than those a.bo\ e suuei
Total.
7,213
3,224
2,03(5
7,11JJ
3,199
' 1,657
3,873
1,844
5,671
50
699
43,420
13,177
747
3L
4,560
181
1,0 K)
44,242
14,680
489
10
3,141
31.
666
40,317
15.149
'216
10
3,093
31
38.773
15.20.$
103
13
310
992
1.54
345
537
979
1.192
2; 1)30
fi, 973
3,045
1.901
Si 884
1,940
7,063
3,150
1,760
3,901
56
S2.975
:
83,670 j
7-S.SiO |
1,852
3,977
1,467
326
KKPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September los 1922, arranged by States and reserve ciUesContinued.
ARKANSAS—Continued.
LITTLE ROCK,
lln thousands of dollars.]
Deo. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept, 14,
1923.
2 banks.
2 banks.
2 banks.
2 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdraft s
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 h ouse
Outside checks and other cash items
Redemption fund and due from United Stales Treasurer
Other assets
Total..
4
993
122
492
19
531
508
720
350
117
28
9,023
5,802
8
489
405
544
5.807
' 3
1,240
149
500
28
511
355
508
224
100
39
142
108
43
167
180
30
19
3
0,053
19
9,530
9,131
5,580
4
1,147
151
495
31
0,281 |
940
147
501
32
384
502
411
LIABILITIKS.
Capital stock paid in
Surplus fund
;
Allqther undivided profits,less expenses and taxes paid.
National bank notes outstanding
Amount duo to national banks
Amount; due to State banks, bankers, and trust companies
Certified checks outsi aiiding
Cashier's checks out si. and ing
Demand deposits
Time deposits (including postal savings deposits)
United States deposit s
Bills payable (including all obligations representing
money borrowed o! her than rediscounts)
Notes and bills rediscounted
1
Total..
200
79
307
500
000
200
70
307
072
000
200
74
357
429
000
200
(>2
370
427
2.193
1,012
1
183
1
57
2,710
1,325
2,897
1,452
340
217
1,280
1
46
3.527
1,392
229
1,309
1
71
2,031
1,413
112
141
228
307
709
300
975
310
1,502
9,536 i
9,134
9,023 |
9,281
REPORT OF THE COMPTROLLER OF THE CURREXCY.
327
Abstract of reports since September 15, 1922\ arranged by States and reserve cities—
Continued.
CALIFORNIA.
[In thousands of dollars.]
Doc. 29,
1022.
255 b a n k s .
25<> b a n k s .
181, 530
350
44,041
44,990
10,255
1, 577
10,380
1,237
32,103
178,941
300
09
43,027
44,709
10,214
1, 300
14,827
1,183
25,014
1XX,800
290
104
42,958
45,503
10,528
1,008
15,788
1,107
25,105
190,589
370
96
43,224
40,201
11,146
1.004
15,042
1,099
29,782
3,959
1,353
508
1,203
822
070
3,785
1,050
727
903
814
745
3,781
1,740
709
1,352
825
785
4, 452
1,016
013
870
838
706
328, 400
311,109 |
319, 574
24,220
10, 508
7,084
10,327
471
3,300
21,415
10, 500
0, 402
2-1,503 !
10,070 !
0,010
10,240
342
2,800
21, 040
10,749
(>, 030
10,585
732
3,016
8,700
331
11,455
108, 452
83,286
.1,180
132
0,378
203
9,119
100,240
81,707
1,125
200
i
:
Capit al stock pain in
Surplus fund
All other undivided profits, less expenses and taxes paid. ;
National bank notes outstanding
i
Due to Federal reserve banks
Amount due to national banks
j
Amount due to State banks, bankers, and trust compan ios
Certified chocks outstanding
Cashier's checks outstanding
I >emand deposits
,
Time deposits (including postal savings deposits)
,
1; nit ed Stat os deposits
Vnited States Government securities borrowed
,
Bonds and securities, other than United States, borrowed
Bills payable (including all obligations representing
money" borrowed other than rediscount)
Notes and bills rediscount ed
Letters of credit and travelers' checks sol 1 for cash and
outstanding
A('ceptflnces executed for cust omcrs, et c
Liabjliiies other than tho.-c above statod
250 b a n k s .
341,71G
Total.
Total.
Sept. 14,
1923.
!
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
U nited States Government securities
Other bonds, stocks, securities, etc
Hanking house, furniture, and fixtures
()thcr real estate owned
Lawful reserve with Federal reserve bank
I terns 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
I
Outside checks and other cash items
|
Redemption fund and due from United States Treasurer. I
Other assets
I
l.TAMUTIES.
June 30,
1923.
201 b a n k s .
RKSOURCKS.
A p r . 3,
1D23.
JO, 246
289
2,540
7,527
284
7,007
100,729
8-1,315
000
07
7,876
002
0 , 401
172,971
85,954
257
00
2,%
1.00
180
180
2,990
2,011
5,290
2,941
0, f.S9
0,038
0,185
5,709
58
274
392
78
109
289
90
281
311,710
32S, 400
341,100
349,574
41
328
REPORT Or THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by Slates and reserve cities—Continued.
CALIFORNIA—Continued.
LOS ANGELES.
[In thousands of dollars.]
7 banks.
7 banks.
• 7 banks.
8 banks.
RESOURCES.
Loans and discounts (including rediscounts).
Overdrafts.
Customer's liability account of'' acceptances''.
'!
United Slates -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
('hecks on other banks in the same place
Outside checks and other cash iicms
Kedernpt ion fund and due from United Stales Treasurer.
Other assets
137,829
'231
2,330
21,21)1
8,226
1,801
230
13,289
9.048
17,7G5
144,774
211
2,393
22,730
7,973
2,085
171
13,481
9,509
19,383
148,900
218
1,677
25.693
10',33L
1,828
172
15,893
8,381
IS, 044
153,963
127
1,493
23,666
10,540
1,637
119
16, US
11,021
20,602
0,248
8,855
734
1,051
271 !
1,861 |
7,577
6,800
095
1,424
271
1,061
8,625
7,663
537
1,738
27 L
1,090
227.09,'J
Toial.
0,573
6,4*1
305
1,140
271
877
241,790 |
249,574
259,210
9,300
5,450
4,224
5,312
11,130
10,200
5,500
.3,766
5,210
10,271
10,200 I
5,500
3,979
a, 240
10,1W»
11,700
6,100
4,998
5,316
12,325
23,812
298
3,097
111,195
41,043
5,632
1,346
27,6-15
347
6,802
118,747
42,178
4,764.
1,239
25,194
421 j
4,485
128,010
45;158
6,027
1,239
24,930
358
4,813
132,246
40,048
4,229
1,208
LIABILITIES.
Capital stock paid in
Surplus fund
All oi her undivided proiits, 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 ouIslanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United Slates deposits
United States Government securities borrowed
Bonds a n d securities, other than United States, borrowed
Bills payable (including all obligations representing
money borrowed other t h a n rediscount s)
Notes and bills rediscounted
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed for customers, etc
Accept ances executed b y other banks for account' of this
bank
Liabilities other than those above stated
Total..
436
435
435
406
800
1,015
300
50
410
227
300
536
69
2,593
8S
3,545
137
2,337
93
2,280
133
531
31 i.
372 |
227,tH)3 :
241,790 |
249,574 ;
259,210
KEPORT OF THE C'OMPXKOLLEK OF THE CUPiEEXCY.
329
Abstract of reports since September lo, 1922, arranged by States and reserve cities—
Continued.
CALIFORNIA—Continued.
OAKLAND.
[In thousands of dollars.]
.So pi". 14,
1923.
2 banks, j 2 banks. | 2 banks.
Loans and discounts (including rediscounts':
Overdrafts
'.
Customer's liability account of ••acceptances"
United Stales Government securities
Other bonds, stocks, securities, etc
• Banking house, furniture,and fixtures
Other real csi ate owned
"Lawful reserve \vj lh Federal reserve bank
Items with Federal reserve ban kin process of coiled ioji.
Cash in vault and amount due from national hanks
Amount due from State banks, bankers, and trust companies
Exchanges for clearing house
Cheeks on other banks in the same place
Outside checks and other cash i t ems
Redemption fund and due from United Stales Treasurer.
Other assets
Total.
LIABILITIES
Capital stock paid in
Surplus fund
All other undivided profits,less expenses and laxes paid
National bai">k notes outstanding
Amount due to national banks
Amount; due to State banks, bankers, and trust coin[ panies
Certified checks outsianding
Cashier's checks outstanding
1 )cmand deposits '.
Time deposits (including postal savings deposils
L'm'ted states deposits
'JJilLs payable (including all obligations representing
money borrowed other than rediscounts)
Notes and hills rediscounted
Lei ters of credit and travelers' checks sold for cash and
• outstanding
Acceptances executed for cusl omers, eic
Acceptances executed by other banks for account of
this bank
*
Liabilities other than those a'»ove stat sd
Total.
2 banks.
330
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
CALIFORNIA—Continued
SAN FRANCISCO.
[In thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
i banks.
6 banks.
Sept. 14,
6 banks.
5 banks.
RESOURCES.
Loans ami discounts (including rediscounts)
Overdraft s
Customer's liability account of "acceptances''
United Staf cs Government securities
,
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
,
Lawful reserve with Federal reserve bank
Items wli h Federal reserve bank in process of collect ion..
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
211,399
850
8,976
47,825
23,8136
11,074
92f>
21,996
8,084
28,723
212,798
647
10,710
52,719
18,023
9,852
835
20,474
5, 719
20,240
17,507
«s, 004
662
1,092
13,941
8,102
702
2,836
888
8,212
22S, 35S
145
8,432
51,741
19,676
10,174
854
20,377
6,106
21,394
219,013
380
7,738
45,549
19,642
8,953
814
20,121
8,229
23,798
15,907 |
7,784 i
526
4,108
837
7,539 •
IS, 137
8,808
599
3,053
837 i
6,978 i
758
7,103
403,213
Total.
385,974
28,000
21,200
8, .584
17,680
109
36,812
20,500
20,900
6,603
16,655
28,498
2.'?, 312
20,880
49,584
1,198
3,676
163,310
39,750
4,598
429
43,024
1,111
4,756
150,153
39,794
5,947 I
429 I
44,981
891
3,831
165,317
41,296
5,439
450
47,485
1,498
4,790
103,863
39,434
2,181
450
3,050
14,073
7,850 i
19,769 |
10,400
25,880
5,350
23,59-1
177
8,939
326 !
10,371 |
278
7,738
209
7,610
334
1,7W
859 |
3,719 j
1,170
1,516
435
2,278
403,457
392,733
403,457
392,733
2fl, 500
20,900
7,129
16,429
24,500
20,500
6,670
15,0015
LIABILITIES.
Capil al st ock p a i d in
•Surplus fund
|
All other undivided profits, less expenses a n d taxes p a i d .
National b a n k notes outstanding
Due t o F e d e r a l reserve b a n k s
Amount due to national banks
Amount; d u e t o S t a t e b a n k s , b a n k e r s , a n d trust companies
Certified checks o u t s t a n d i n g
Cashier's checks o u t s t a n d i n g
D e m a n d deposits
T i m e deposits (including postal savings deposit s)
V:nitcd Siat.cs deposits
United iStates Government securities borrowed
liills p a y a b l e (including all obligations representing
m o n e y borrowed other t h a n rediscounts)
Notes a n d bills rediscounted
Letters of credit a n d travelers' checks sold for cash a n d
outstanding
Acceptances executed for customers, etc
Acceptances executed b y other b a n k s for account ol this
ba n k
Liabilit ies other t h a n those above si ated
Total...
403,213
!
!
:
;
1 1 0 ••
385,974
KKPORT OF THIS COMPTUOIXKR OF THK CVIHIKXCY.
331
Abstract of reports shice September lo, 1922,, arranged by Slates and reserve ciliesContinucd.
COLORADO.
In thousands of dollars.]
Dec. 29,
1922.
j
;
Apr. 3,
1923.
132 b a n k s .
Sept. 14,
1923.
132 banks, j 132 banks.
132 banks.
59, :>48
94
9.165
9.917
2,962
648
4,902
36
13,919
J u n e 30,
1923.
59.094
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Tinted Stales Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
1 terns with Federal reserve bank in process of collection.
Cash in vault and amount due from national hanks —
Amount due from State banks, bankers, and trust companies
Exchanges for clearing house
('hecks on other banks in the same place
< hit side checks and other cash items
Kedemption fund and due from United States Treasurer.
Other assets
Total.
1. 063
113
262
31.")
260
70 !
103,274 |
59, »>28
82
66
9,913
10,251
2.995
' S03
•1,825
10,010
10,052
2'. S87
lo
20
995
4.429
15,0-13
10,784
901
182
2S2
217
773
111
330
217
250
65
2.)S
60
104.961 |
100,617 j
(II..",22
' 98
9,917
9.750
2;ssr>
1,103
4,763
10
12,7(54
877
122
270
200
244
HI
104,066
UAK1MT1E.S.
Capiial siock 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 Stale banks, bankers, and trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal saving 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 lhsm Oio.se above stilted
Total.
7.375
4; 523
1, %9
4.988
859
7,375
4,479
1,231
4.969 !
1,132 ;
7,375
4, 141
1,213
4,908
875
31
1,OS3
50,817
25,926
171
1S7
1,(199 i
35 917 •
:
51.943 i
27,909 =
'361 :
187 ;
1,245
57
919
45,464
30,322
57
1,379
50
S10
48,278
3i>,559
' 79
187
1.252
2', 078
7tii :
1,951 ;
1,133
2, 177
.1.487
3,08-1
3
8
4
10
100,617
.104, 666
1,404
1
4
103,274 1
lU4,9"il
120
7,300
•1,377
1, ixr>
4,873
1,004
332
REPORT OJT THE COMPTROLLER OF THE CURRENCY.
of reports since September 15, 1922, arranged by States and reserve citiesContinued.
COLOR ADO—Continued.
DENVER.
[In thousands of dollars.]
Doc. 29,
1922.
A p r . 3,
J923.
I 9 banks. . 9 banks.
June 30, : Sept. 11
1923.
i 1923.
9 banks. : 9 banks.
RESOURCES.
Loans and discounts (including rediscounts)
O verd rafts
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 bunks....
Amount due from State banks, bankers,and trust companies
Exchanges for clearing house
Checks on other banks in the, same place
Ouiside checks and other cash item's
Redemption fund and due from V nited States Treasurer.
Other assets
62,936
204
22,132
14"315
63,380
67
19,810
14,154
1,312
142
7,163
4.580
8^564
68,597
3,953
1,768
813
454
75
201
3,450
2,061
8+0
498
233
2,944
2,092
898
395
55
216
3,228
2,619
720
608
48
292
131,I3S
Total.
62,414
II1
19.410
1-V>22
1,315
153
5,829
5,066
9,722
124,845
125,778
135,771
4,325
4,093
1,869
1,395
1.3,179
4,850
4,104
1,500
1,097
12,307
4,<S50
4,104
1,251
1,088
9.501
5, (XX)
4,254
1,557
950
11,223
6,308
262
907
52,7*2
40,176
296
4,062
364
1,019
54,373
41,313
340
5,716
401
1,236
60,334
42,731
245
5,334
19
6,537
008
1,0X8
52,440
38,992
597
500
23
1,650
174
U
02
0
190
2,050
282
7
214
125,778
J35,771
1,306
154
6,405
6,663
9,699
un
19,340
15,028
1,270
14.2
8,494
5,547
9,6-17
LIABILITIES.
Capital stock paid in
Surplus fund
Alt 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 out standing
j
Cashier's checks outstanding
;
Demand deposits
Time deposits (including postal savings deposits,|
Vnited States deposits
i
Bills payable (including all obiis-ations representing ;
money borrowed other than rediscounts)
•
Notes and bills rediscount ed
:
Letters of credit and travelers' checks sold for cash and
outstanding
Liabilities other than those above stated
Total
131,]3S |
121.S13 i
6
234
333
UEPOET OF IHK COJIFTROIJ.En OF TTTF, CURRENCY,
Abstract of reports since Sepie?nber lo, 1922, arranged
by Sf.af.es and reserve cilies-
Continued.
C O L O R A D O - Continued.
lU'EBLO.
I hi thousands of dollars.]
Dec. 20.
1922.
i
! 2 banks.
Apr. 3.
1923.'
i Juno 30, ] Soj>t. 1-1,
;
1023.
! 1923.
2 banks. ; 2 banks. | 2 banks.
RESOURCES.
Loans and discounts (including rediscount?)
Overdrafts
United States Government sccurii ics
Other bonds,stocks, securities, elo
Banking house, furniture, and'fivi vires
Lawful reserve-wii h Federal reserve bunk
Cash in vauJt and amount due from national bunks...
Amount due from State banks, bankers, an«i trust companies
Exchanges for cJearing house
Ouli-ido checks and ol her cash il,e.m.'.
Redemption fund and due from Tniied Mates Treasurer
•*>, ( i 5 7
.21
1,741
\\ 097
297
879
J, 585
5,748
44
1,893
2.94S
'291
889
3.708
6,23*
94
1,892
3,023
1 ()\2
4' 666
mi I
;
20 I
!
j
•
i
j
300 i
!
5.690
73
.1,73:!
2,920
290
819
2, %A
160
70
2
20
20
if), 947
20
15.72V i
Total.,
!
!
i
14,74)
LIABIUTIE>.
("apital stock paid in
Surplus fund
AUother undivided profits. Less expenses and taxes paid'
National bank notes outstanding
j
Amount due to national banks.!
\
Amount duo to State banks, bankets, and mist com- |
panics
!
Cert i tied checks out:> land ing
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings dep >sits)
epor
Uni!ed States deposits
Liabilities other than those above siat.ed ..
Total.
1,120
3 IS
3SK)
61
7.01)")
2, ;)2'>
600
1,120
204 !
390 !
1,331 !
j
600 :
1,1.40 :
'19S •
M90 :
883 i
107 I
181 i
7,979 I
3'. 1104 i
2
9,7-S-i '
2'CA
33
11
i s , o;>i
i
' 12 i|
000
1.140
'216
1,217
1,312
17
X7
6,765
2,97.">
15
11
14.7SO
334
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
CONNECTICUT.
fin thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
62 banks. | 61 banks.
i
62 banks.
62 banks.
127,246
70
143
34,714
28,475
7,728
943
10,183
4,572
18,747
128,800
83
113
34,641
29,066
8,373
921
9,128
5,507
18,910
132,480
85
194
36,299
28,841
8,538
640
9,877
5,109
14,223
132,249
80
147
35,972
29,059
8,787
668
11,355
5,137
18,050
690
1,944
449
483
652
631
863
1,525
497
401
649
696
774
1,427
690
906
646
940
1,044
1,040
462
404
C47
832
237,670
240,173
241,669
245,933
21,407
14,924
10,645
12,816
1,441
502
21,207
15,584
9,298
12,749
1,664
763
21,282
15,622
9,394
12,511
1,588
903
21,312
15,776
9,932
.12,828
1,817
630
6,313
1,354
624
116,912
43,965
3,126
10
0,739
442
911
117,410
47 471
1,989
6,358
768
742
1.13,898
50,489
2,169
5,487
460
487
118,336
52,885
907
, 507
713
2,478
1,109
3,420
1,976
3,051
1,595
11
141
11
95
U
165
32
135
12
247
18
235
29
341
12
271
237,670
240,173
RESOURCES.
Loans and discounts (including rediscounts)
O v erdralts
Customer\s liability account of "acceptances"
I'nited 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 Stale banks, bankers, and trust companies
Exchanges for clearing house
!
Checks on other banks in the same place
I
Outside checks and other cash items
!
Redemption fund and due from United States Treasurer. I
Other assets
j
Total.
LIABILITIES.
Capital stock paid in
Surplus fund
A11 other undivided profits, less expenses and taxes paid.
National bank notes outstanding
D u e to Federal reserve banks
Amount due to national banks
A m o u n t due to State banks, bankers, and trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
T i m e 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 rediscount ed
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed lor customers, etc
Acceptances executed by other banks for account of this
bank
Liabilities other than those above stated
Total.
241,669 |
245,933
RKPORT OF THE COMFTBOIXKR OF THE CURRENCY.
335
Abstract of reports since September lo, 1922, arranged by States and reserve cities—
Continued.
DELAWARE.
[\i\ thousands of dollars.]
June 30,
1923.
IS banks. . IS banks.
:
S e p t . 14,
1923.
is banks.
IS b a n k s .
RESOURCES.
Loans and discounts (including rediscount)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furnit ure, and fixtures
Other real estate ow ned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process of collection.
("ash 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 duo from'United States Treasurer.
Other assets
9, 793
0
2,590
5, 287
581
45
832
173
773
9,003
7
2, 61b
5, 250
5S5
30
858
123
.1,219
06 I
93 |
10 I
l
23 !
Tolal.
1(1,221
5
2,606
5, 128
582
48
909
149
1,0-15
11,420
11
2,607
5,385
582
49
939
191
1,23$
03
79
10
2L
57
22
GO
124
14
22
58
22
71
81
15
29
58
22
20,025
MAHIMTIKS.
Oapital 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
j
Amount due to State banks, bankers, and trust com- j
panics
|
Certified checks outstanding
!
Cashier's checks outstanding
!
Demand deposits
;
Time deposits (including postal savings deposits)
•
United Stales deposits
;
United States Government securities borrowed
\
Bills payable (including all obligations representing \
money borrowed other than rediscount)
\
Notes and bills rediscount ed
i
Liabilities oilier than those above stated
j
Toial
!
20,332 !
21,053 |
1.000
1,942
800
1,109
40
20
1, 710
1, 894
859
1,117
01
3
1,710
1,927
812
1,123
42
10
1,710
1,927
809
1,125
82
2S*
303
20
12
S, 054
5, 2S0
104
10
307
15
8
8, 030
5,597
74
15
460
32
12
8,402
5, 708
92
27
373
30
8
10,122
5,783
107
27
281
240
0
331
239
6
419
271
270
228
5
21,053
22,090
22,091
f
211,625
20, 332 I
336
REPORT OV THE rOMFTUOLLKtt OF THE CT7RBEXCY.
Abstract of reports since September /£, 1922, arranged hy States and reserve cities—
Continued.
DISTRICT OF COLUMBIA.
VT AS TUN G TON.
[In thousands of dollars.]
Dec. 2<>,
1922.
banks.
Apr. 3,
1923.
; June 30,
; 1923.
S e p t . 14,
1923.
14 banks.
14 banks,
14 b a n k s .
RESOURCE*.
05, 103
50
233
IS. 631
12,746
7,067
00, 589
41
.
412
19,872
12,625
7,351.
1,049
7,659
2, 502
8^200
07,077,
43
409
18,904
12,092
7,789
1,115
7,060
2,067
0,333
08,280
50
438
20,041
11,970
7,891
1,062
7,293
2,959
6,661
mi
[Loans find discounts (including rediscounts)
Overdraft :s
Customer's liability account o f ' a c c e p t a n c e s "
UnitfidStates Government sceuritios
Other bonds, stocks, securities, etc
.Banking house, furniture, and fi xi ures
Other real estate owned
Lawful reserve with Federal reserve bank
1 terns 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: cornpan ies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks a n d other cash items
Redemption fund and due from United States Treasurer
Other assets
1,176
2,539
403
319
919
2,424
1,057
350
!
j
I
|
949
2, L54
382
287
295
173
in
ISO
298 !
146 '
270
L20
1,013
7,136
2,357
8, 293
1.143
1,752
6 fS
"I
Total..
128,839
130,819
8,027
6,100
2,591
5,002
1,153
2,856
8,027
6,208
2,147
5,010
1,100
2,955
8,027
6,208
2,381
5,054
1,770
2,712
3,516
141
397
01,043
20,177
704
4,043
150
356
64,204
28,538
2,248
415
997
58,420
-w
4,142
264
468
62,041
28,170
1662
335
6,250
1,054
2,844
7,200 ,
1,278 ;
4,336
1,877
(iO
183
45
364
01 j
352 |
53
438
48
113
117 j .
127,350
131,200 |
LIABILITIES.
Capital siock paid in
>SurpiiiR fund.
/\ li other undivided profi ts, less expenscs and taxes paid.
National-bank notes outstanding
Due to Federal reserve banks
A mount due to national banks
Amount due to State banks, bankers, and trust companies
Ceri iiied checks out standing
:..
Cashier's checks outstanding
])emand deposits
_.!
Time deposits (including postal savings deposits)
Tinted Stales deposits
United SI at es Government securit ies borrowed
;
Bills payable (including all obligations representing |
money borrowed of her than rediscounts)
'..
I
Notes and bills rediscounted
,
Let tors 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..
I
5, 828
2,710
5,601
1,229
3, SS2
127,350
131,200
415 ;
•
115 I
221
128,839 j
130,819
337
iri: OK TIIK COJIPTKOLLKI: OF T H E CURRENCY'.
Abstract of report* since September lo, 1922, arranged by States and reserve cities—Continued.
FLORIDA.
[In thousands of dollars.]
Dor 20,
1922.
!
.
60 h a n k s .
Apr. ;;,
1923.
5S h a n k s .
Juno 30,
.1923.
!
Sept. 1.4,
.1923.
5X h a n k s . . , > h a n k s .
V
RESOVTU'l-iS.
Loan? a n d d i s c o u n t s (including rediscounts)
Overdraft s
C u s t o m e r ' s liability account of " a c c e p t a n c e s "
U n i t e d St.ai.es G o v e r n m e n t securities
i
O t h e r bon-is, s l o c k s , securii ies, etc
[
B a n k i n g house, .furniture, a n d fixtures
O t h e r veal est a t e owned
Lawful reserve wit h Federal reserve b a n k
J t o m s w i t li f e d e r a l reserve ba.uk in process o u o i l e d ion..
Ca^li in v a u l t a n d a m o u n t d u o from national h a n k s . . . .
A m o u n t d u e from S l a t e b a n k s , b a n k e r s , a n d 1r:isL companies
E x c h a n g e s for clearing house
Checks on ol her hi ink's i n t h e s a m e pla.'O
O u t s i d e cheeks a n d oilier cash i t e m s
R e d e m p t i o n fund a n d duo from I'nitod States Treasurer.
O t h e r assets
41,537
31
13, 169
s. 794 i
' 41 s ;
3,692 :
129 1
1 i. 0:57
1.700
99
23*
!53
234
120
39
4
M.008
9.714
197
I.'), 677
1 1 . ">*»<*» .
IO>i<) i
3. i7(i ;
'374
4.1%
54
10,S30
;;. 220
'3vS:j
3.792
' -17
S.617
Tolal..
27*4
4-10
HiS
22S
1,66S
U0
200
S4
225
I OS
91,019
3, 162
20!
700
164
225
91
2, .'577
10.7*9
si>, 046
i.i A i t n . i T i [•:.<.
Capital stock paidin
i
Surplus fund.
•
All other undivided proiits. less e.\i)ense> and ta\c> paid.;
National bunk notes outstanding.
:
J)ucto .Kedt'ralreser\-<5 banks.
"
:
A m o u n t clue to national banks
A m o u n t chIO to State banks, bankers, and trust com- !
panies
•
;
Certified chocks out si a ndinp
Cashier's checks outstanding.
Demand deposits
;
Time deposits (including postal sa\ ings deposits.United States deposits
I'nited Sl.vues Go\ ernmeni seciirities borrowed
i
Bonds a n d securities, other than 1'nii.eci States, hor- j
rowed
'
Bills payable (including all. obligations representing I
money borrowed ot her t h a n rediscounts).
\.\
Notes and bills rodiseountod
i
Acceptances executed for cusi (;mers, etc.
'.
ACNT-i)tances executed bv other banks for account of this \
bank
"
'.
Liabilities other than those above stated
;
Toial.
6, 7.M)
-4.fi-10
2!sst> :
i/270 •
-1,55:5 :
50
2, 270
4,349
' 92
;">(>;•)
2o.(KM)
2i)(>
S5 •
980
4S.342
2s,790
947
156
fi.7'1')
2.9()9
1'.:J22
4,517
:
i
j
'
2,070 ]
3,570
12( |
40, SI 2
30.139
' 500
20
SO-")
1,196
524
9
6, 590
4, !7S
211
!, 249
2,010
II!
397
36,921
29,0:53
23!
20:)
20
243 i
235 I
S-t
109 j
1.02,3S2
94,019 j
2,093
973
I
SO. 04
338
KKPOKT OF THE CChUPTKOLLEll OF THE CURItENCY.
Abstract oj reports since September 15, 1922, arranged by States and reserve cities—Continued.
FLORIDA—Continued.
JACKSONVILLE
[In thousands of dollars.}
Deo. 29,
1922.
Apr. 3,
J923.
June 30,
1923.
Sept. 14,
1923.
3 banks.
3 banks.
3 banks.
3 banks.
RESOURCES.
Loans and discount.? (including rediscounts).
Overdrafts.
t iistomer's liability account of"acceptances".
I'nitcd States Government securities
Other bonds, stocks, securities, etc
Bunking house, furniture, and fixtures
<Hher real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve bankin process of collection.
<'ash in vault and amount d ue 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 duo from I'nited States Treasurer
Other assets
26,630
3
8
9,050
3,925
1,504
29
2,371
1,584
3,734
30.234
2
28,04.3
2
9,531
4,096
1,480
32
2,612
2,039
4,299
9,086
. 4,966
1,480
35
2,999
911
2,603
26,867
2
45
9,442
5,367
1,482
35
2,655
927
2,759
3,077
450
14
180
4,338
080
22
114
2,842
547
2,718
323
(52
44
07
42
202
67
81
52,605 I
Total.
59,588 j
55,088
52,859
2,650
650
2,650
730
2,650
730
2,650
730
979
1,221
2,684
S-15
1,316
4,693
S71
1,297
2,941
1,062 '
1,316
1,821
6,066
36
236
16,176
20,086
.1,049
26
8,403
65
176
18,374
21,043
517
25
6,312
42
623
17,238
21,298
742
26
4,987
62
160
16,416
21,849
808
26
750
700
260
623
250
9
8
48
51
49
3
45
51
59,588
5'>, 088
52,859
LIABILITIES.
•
Capil al siock paid in
Surplus fund
All other undivided profits, less expenses and taxes
D
a
pa iid
National bank notes outstanding
Amount due t o national banks
Amount due t o State banks, bankers, and trust companies
Certified checks out standing
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 ot her than rediscounts)
Notes {u.id bills rediscounted
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed lor customers, etc
Liabilities other than those above stated
Total..
52,665 i
)
\
RKPOKT Of XHK COMl'THOLLJill OF TJ1K CUlUUiXCV.
339
Abstract of reports since September 15, 19183, arranged by States and reserve cities—•
Continued.
CSKOItGIA.
In thousands of dollars.]
Doc. 29,
1922.
94 banks.
Apr. 3,
1923
June 30,
1923.
94 banks ! 94 banks.
Sept. 14,
1923.
94 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances''
U ni ted States Government securities.
other bonds,stocks,securities.etc
Bunking house,furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
I terns with Federal reserve bank in process of collection.
Cash in vault and amount due from national banks
Amount due from State banks, bankers,, and Iru.sr companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and ot her cash items
Kedempt ion fund and due from United States Treasurer.
Other assets
Total..
LIABILITIES.
.r
Capital stock paid in
Surplus fund
A11 other undivided profi ts. less exjjoiiscs and taxes paid.
National bank notes out standing
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, i;nd trust companies
Certified checks outstanding
Cashier\s checks outstanding
Demand deposits
'.
Time deposits (including postal savings deposits)
United States deposits
1 '•rated States (government securities borrowed
Bills payable (including all obligations representing
money borrowed olher than rediscounts)
Notes and bills rediseountod
Letters of credit and travelers' checks sold for cash and
out standing
Acceptances executed for customers,, etc
Acceptances executed by other banks for account o:" this
bank
Liabil ties other than those above stated
Total.
01, 372
204
12,141
2.655
2. 757
1J022
3,834
300
7,753
3,357
241
231
2ti9
390
50
019
081
782
239
411
211
5, 402
03,541
244
20
12,490
2,809
2,794
1,305
3,234
407
0,531
2 828
320
224
201
395
05
3.0S7
' 302
190
178
304
3S
02 0*3
138
45
04. 761
101
12,517
13
2
2,
I,
3,
2 531
2 755
I! 100
'o, 591
241
7, 642
305
355
254
204
393
40
90,885 |
97.254
97.730 I
97,024
10.098
7; 388
2,543
7,778
10,090
7,333
2,327
7,804
37
31
081
10,090
7.3*2 ,
2'. 222
7,054 •
41 i
902
10.091
7'. 312
2J393
7,812
49
1,13G
525
107
3, 584
37
242
34, 180
24, 045
758
355
2,012
30
285 :
31,078 ;
24,046 i
960 :
059
2,702
06
27S
31,831
24,589
410
147
1,838
3,712
\, 294
3, 402
1.914 !
0,008 I
2.403
5,755
14
202
33
1,309
3,934
97
280
35,128
21,099
15
37
90,885
97,2
30
97, 736
97,024
340
REPORT OF THK COMPTEOLLKR OF THE CURRENCY.
of reports since September lo, 1922, arranged by States and reserve cities—
Continued.
G EO H O I A—Cont iuued.
ATLANTA.
[In thousands of dollars.1
Dec. 29, j Apr. 3,
1922.
! June 30,
1923.
4 banks.
1923.
3 banks, i 3 banks.
Sept 1-1,
1923.
3 banks.
RESOURCE*.
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 iti vault and amount due from national banks.
Amount due from State banks, bankers, ajid 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 Stales Treasurer.
Total.
54,006
25 i
750 i
7,919 |
1,287 i
2,090 |
161 j
4,305 ;
5,009 !
5,450 i
46,350 :
14 i
235 :
5,007 j
1,175 !
2,132 !
162 |
3,739 !
3,592 !
5,188 ';
3,259 j
1,504 ;
35;
92t> !
135
2 , 6 9 9 ••
1,212 !
41
206
135 .
86,801 ;
45,328
13
300
4,094
1,581
2,176
164
3,297
2,909
4,132
1,964
1,201.
46,068
21
3,99**
1,720
2,184
172
3. 887
3, 861
3,882
2, -127
947
32
232
135
67, 575
71, 947
22
259
135
69,5()i"
2.950
3,550
1,450
2', 557
4,231
2.950
3,550
1,094
2,668
3,871
5,132
58
128
28,285
16,085
1,518
1, 330
5,606
48
104
29,837
15,927
890
2,420
M.VBILITIES.
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 compaCerti lied cheeks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
".
Notes a n d bills rodiscounted
Letters of credit a n d travelers' checks sold for cash and
outstanding
Acceptances executed for customers, etc
Total.
3,950
4,550
2,422
2,654
6,418
i
!
2,950
3,550
1,570
2,678
5,583
j
|
:
9,270 i
116
153
38, .267
16,527
805
979
7,523 •
i
:
!
!
i
;
53 :
98 !
30,107 '
15,026 :
2,574]
.
1
300
750
S6,Slil
!
i
!
:
71,947
67,575
69,560
341
REPORT Of I H i ; COMPTROLLER OF THE CURRENCY.
Abstract of report* since September
l-H, 1922, arranged by States and reserve
Ccmtinued.
cities-
HAWAII.
[In thousands of dollars.|
I Dec. 20.
I
1922.
= A p r . 3,
192:*.
o banks.
2
Loans and discounts (including rediscounts;
Overdrafts
Cnited States (iovennnei.it securities
Other bonds, stocks, socuriiies, et c
Banking house, furniture, and'fixtuics
Cash-in vaultaridarnouulduoi'roinii.itiouaJ banks
Amount duoffom Slate banks', bankers, and trust coinpan ios
Checks on oilier banks in the same place
Om side checks and other cash it ems
{iv'ik'iiiptimi fund and due froml'nited Stales Treasurer.
Oilier assets
1
2,659 j
820 ;
CO '
1,0(50
June 30,
1923.
2 ;>anks.
J,G29
1
2,709
91S
61
1,301
'
2 banks.
1,789
1 :
2,498 i
831 j
59
1,100
Sept. 14,
1023.
2 banks.
1,814
1
2.506
1,074
59
1,182
2S3
1.0S
JO
22
45
r>35
510
427
2IS
GOO '
510 |
600
520
til
440
450 I
294
79
2:1
3
Tot al.
240
2S
22
23
7,115
UABIUTIKS.
Capital stock paid in
Siir plus fund
All other undivided profits, less expenses and taxes
paid
."
National bank notes outstanding
Amount due to Stale banks, bunko s, and trust companies
Certified chocks outstanding
Cashier's checks outstanding
I >enuind deposits
,
Time deposits (including postal savings deposits)
Irni1 ed Statos doposits
Letters of credit and travelers' checks sold Tor cash and i
outstanding
Liabilities other than those above staled
Toial.
.117 \
411
8 '
2,741 :
2U(i
444
9
113
2,743
349
1,S!3
3
(j, 932
80 I
4
2,897
4.09
1,20S
410
3 IS
.11
07
2,849
409
2,205
1.0 I
i !.
7,190
342
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September //>, 19:22, arranged by States and reserve cities—.
Continued.
IDAHO.
[In thousands of dollars.]
Dec. 29, ; Apr. 3, | June 30,
1923.
| 79 banks.
1923.
Sept. 14,
1923.
75 banks.
73 banks.
73 banks
HESOUKCES.
"Loans and discounts (including rediscounts)
Overdrafts
I'nited States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Oilier real estate owned
Lawful reserve with Federal reserve bank
Hems with Federal reserve bank in process of collection.
('"ash in vault and amount due from national b a n k s . . .
Amouu t 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
Tbhil.
39,308
109
6,257
4,57S
2,289
1,064
2,814
591 |
7,058
Capital siock paid in
Surplus fund
All other undivided profits, less expenses and taxes paid.
National bank notes out standing
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and trust companies
Certified chocks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
Tniied Slates deposits
l.'nited States Government securities borrowed
Bonds and securities, other than United Stales, 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
out standing
Liabilities other than those above stated
,
Total.
368
36,955
94
6,105
3,508
2,178
1,199
2,492
538
5,192
6,757
1,078
109
129
246
774
142
1,094
180
106
122
171
165
298
159
144
15S
22S
66, 093
LIABILITIES.
7,806
98
5,500
3,959
2,134
1,154
2,609
1.
12
61,70S
REPORT OF TUT. COMPTTtOLLKIi OF THE CUBRKXCY.
343
Abstract of reports since September lo, 1922, arranged by States and reserve cities—•
Continued.
[In thousands of dollars.]
! 407 bunks.
Kl.SOUKCF.S.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptance!" "•'
l.'nited States Government securities.
Other bonds, stocks, securities, e t c . .
Hanking house, furniture, and fixt ures
Other real estate owned
Lawful reserve with Federal reserve bank
Items wilh Federal reserve bank in process of collection.>
Cash in vault and amount due from national banks
Amount due from State banks, bankers, and trust com- !
panics
'
Exchanges for clearing house
(shocks on ot her banks in the same place
< hitside checks and other cash items
Redemption fund and due from liiiled Slates Treas- ;
uror
'
j
Other assets
Tot al
271,099
681
Ill
06,372
68,9)16
14,469
1,939
21, 580
3, 297
45, 313
5,353
893
902
l, 323
1,353
530
:
501,150
Capital stock paid in
|
Surplus fund
J
All other undivided proiits, less expenses .and taxes j
pa id
|
:
National-bank notes outstanding
Due to Federal reserve banks.
!
A mount due to nat ional banks
Amount due to State banks, bankers, and trust com- ;
panics
'
CVri i tied checks outst and ing
j
<'ashier's checks outstanding
j
Demand deposit s
i
!
Time dc.posils (including postal savings deposits)
Xnited Slat es doposil s.
!
Vnited States dovornment securities borrowed
Bonds and securities other than United Sxtes borrowed
Bills payable- (including all obligations representing
money borrowed oiher than rediscounts)
Not es and bills rodi scount ed
Letters of credit and travelers' checks sold for cash and
outst and ing
Acceptances executed for customers, our
Acceptances executed by other banks for account of
this bank
Liabilities other than those above stat :nl
35,085
23,521
20,736
386
1,157
203, 702
157,450
1,407
1, (M0
20,957
424
1, 329
217,094
163,124
2,511
790
9
78
6, 803
5, 865
5,915
5, 335
20
23
389 I
288
504,150 ;
Tolal.
72396°—24
14,793
26,390
8
4,628
522,394
127,344
344
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 1-5, 1922, arranged by States and reserve cities—
Continued.
ILLINOIS—Continued.
CHICAGO (CENTRAL RESERVE).
[In thousands of dollars.]
Doc. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. It,
1923.
10 banks.
II banks.
12 banks.
13 banks
544,415
118
17,128
81,248
49,028
U.W1
548,305
143
9,907
68,573
46,177
1»,»7
84,815
30,219
72,557
566,644
146
11,773
70,026
52,492
12,569
77
75,916
28,378
70,875
24,SOS
30,342
1,497
1,231
29
8,482
24,994
30,377
1,605
1,991
112
8,720
34,241
27,977
1.371
1,545
131
7,503
963.862
956,695
924.241
!
RKSOURCiiS.
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.
80,912
21,603
62,452
596, 893
64
12,488
77,302
37,883
14,347
74
86,925
26,877
72,976
24.0*7
30, 479
1,305
2,604
i;u
4,253
9K8,0'.M
LIABILITIES.
Capital st ock 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' cheeks 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
49,480
41,105
24,521
575
128,770
49,700
41,155
21,842
2,248
128,140
49,822
41,174
22,054
2,584
106,505
52,370
42,6ST,
25,02.7
2,670
119,13i>
153,056
6,831
8,436
455,786
36,739
14,337
171,381
4,833
6,330
418,892
37,900
9,547
163,066
2,700
3,790
456,992
32,313
8,1.34
1,000
167,480
3, 450
5,523
482,922
31,279
3,247
1,000
4,915
10,113
7,304
3,816
16,650
9,590
1,673
16,614
21,115
17,729
1,641
12,468
2,619
11,611
971
9,940
1,394
9,380
3,187
8,527
1,9S1
9,232
924,241
988,691
1,000
963,862
956,695 ^
1,820
9,612
345
REPORT 01" IHK COMPTROLLER OF THE CURRENCY.
Abstract of reports since September /J, 1922, arranged by Slates and reserve cities
Continued.
ILLINOIS—Continued.
CHICAGO (OTHER RE8ERVK).
[In thousands of dollars.)
i
;
Pec. 20.
.1922. '
.
;
18 b a n k s .
Apr. 3,
1923.
! June 30,
|
1923.
| Sept. 14,
I
I9v>:<
Ls b:mks. ! Us b a n k s .
18 banks.
RESOURCES.
Loans and discounts (including rediscounts;
Overdrafts
Customer's liability account ol1" acceptances "
United States Government securities
Other bonds, stocks,securities, etc
Bank ing hoi ise, furniture, and fix lured
(X. her real estate c.vned
Lawful reserve with federal reserve bink
Items with Federal reserve bank in process ol'eolleetion.
Cash in vault and amount due from national banks
Amount due from State banks, bankers, and trust companies
Exehanges for clearing house
Checks on other banks in the same place
Outside chocks and other cash items
Redemption fund and due from I' nitcd Staies Treasurer.
Other assets
22,017 !
10 i
21,727
9
6
12,108
ii),o()i
1,941
10l>
3,130
522
4,845
i
!
I.
i
!
|
j
28,507
12
13.105
Hi) 040
1,987
KM
3,321
525
4,202
12,772
16,842
2,018
106
3,449
557
4,999
:
!
1, 177
356
66
10.H
99
288
215
315
75
53
102
311
60.829 j
Toial.
20,127
12
61,740 ;
iw. 528
70,303
3 , 12.")
'914
1, 453
1.814
' 218
8, 725
1,025
1,313
1.817
109
3, 725
1,020
I. 138
L002
161
3, 725
t,020
1,361
2,027
212
082
105
546
17.803
32,424
443
885
J51
839
19,423
34,413
'487
568
203
514
10, ()89
. 37,566
511
033
160
787
21,904
37;556
250
275
350
11,-191 !
15/250 1
1,767 !
134 ;
2,916 :
420
4,615
S10
13S
124
148
01
229
j
j
3 Hi I
201
185
99
91
273
i
!
j
LI.YKIMTIFS.
Capitalstook paid in
,
Surplus fund.
Allother undivided profits, less expenses and taxes paid,
National bank notes outstanding
Amount due to national banks
Amount duo to State banks, bankers, and trust companies
Certified checks outstanding
("ash ier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits;
Iniied States deposits
Bills payable (including all obligations represent ing
rnoi icy" borrowed other'than rediscounts)
Not os and bills rcdiseoimted
Let i ors of credit and travelers' checks sold for e:\sh and
outstanding
Acceptances executed for cusl omers, etc/
iliabilities other than those above state:!
Total.
7.10
530
•15
1
"""ioi"
00,829 .
1
6 :
166 I
3
!
3
!
"165" "
•
"
67,528 .
"195
70.363
346
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September loi 1922, arranged hy States and reserve cities.—
Continued.
ontinued.
PEORIA.
[Tn thousands of dollars.!
Doc. 29,
1922.
June 30,
1923.
Sept. 11,
1923.
4 banks.
RK^OVHCKS.
A p r . 3,
1923.
• banks.
1
• banks.
1
4 banks.
i
Loans and discounts (including rcdiscouni -)
!
Overdraft s
!
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniti ire, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
IT ems with Federal reserve bank in process of collection.
Cash in vault and amount due from national banks
Amount duefrom 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 duefrom United States Treasurer-j
!
Other assets
It',, 471
10
1\614
4
4,895
2.-1.S7
'744
340
1,492
208
3,315
331
447
10
55
93
02
1S9
417
7
27
30,763
Total.
5,216
2.409
730
340
1,037
133
2,411
17,693
11
.17
1
5,5S0
2,0.N9
725
340
1,577
149
2,076
5,441
2,008
729
340
1,638
154
2,4*5
45
220
414
12
41
92
27
199
320
8
36
02
23
32,302
31,172
31,177
2.100
3' 100
812
1.S19 i
' 706 |
2,100
3.100
910
1,797
519
2,100
3,150
926
3,592 j
M !
294 j
11,122 !
S.1S5 I
' 457 j
3, (MO
3,393
00
17«
10,94S
7,910
54
h
LIABILITIES.
Capi 1 al 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 com- I
} >a I lies
Certih'ed checks outstanding
("ashler's checks outstanding
|
Demand deposits
;
Time deposits (including postal savings deposits)
i
United States deposits
j
Letters of credit and travelers' checks sold for cash and
outstanding
•
,
Acceptances executed by other banks for account of this
bank
"
Liabilities other than those above stated
Total..
2,100
2,900
1,0X3
1, S25
031
'
3,101
53
145
10,543
S. 049
278
10.933
S',17*
415
\)
40
20 I
30,763
32,302 j
o 1 i31,172 |
14
31,177
EKPCVRT OF THE COMPTROLUYF;
OF THE CUmtKXCY.
847
Abstract, of reports since September lo, 1922, arranged In/ Slates ami reserre cHies'j—
Continued.
INDIANA.
[hi thousands of dollars.|
1022.
A p r . 3,
1923.
J u n e 30.
.102:5.
*v;k Ui
245 b a n k s .
24."> b a n k s .
24-r>l>ank:
215 b a n k s .
29S
.". 101
2.")9
I t . 3-12
:K67l
9.091
1.277
13.030
2, 509
20. 791
43,271
39.892
9.521
L350
12.232
2.320
24,993
1. SOS
748
00 L
S.S8
1. 0X5
' 368
1, S31
1.31.')
'728
470
1. 0*7
37S
2,138
305.552 |
304,772 j
3I7.2S9 i
21.212
12,083
0.79L
;
24.737
12,9.").")
5.49"»
21,530
289
2.3SL
21.73S
12.990
5. 532
21,IOS
377
2.471
12.004
301
953
1.27,821
K\, 970
1,242
1.342
1I.S21
303
844
130,129
SS. S06
835
1.322
3.3S4
2, r)05
5.01S
3.519
5.519
3.978
1. 817
3. 007
10
476
3
13
501
4
13
485
1
5
<'>:>6
317,289
3 Hi. 485
Do.-. 29.
Loans and discounts (including rediscounts1)
Overdrafts
'
Customer'suability account of'; acceptances'"
United States Government securities
Other bonds, stocks, securities, etc
'Bankinghouse,furniture, and fixtures
Other real estate owned ..'
Lawful reserve with Federal reserve bank
Items with Federal reserve bank in process of col loci ion.
Cashin vault and amount due from national banks
Amount due from State banks, bankers, and trust coinpan ies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redempi ion fund and due from U nited States Treasurer.
Other assets
Total..
250
Vi
11,537
3.9'. 72fi
9 0S2
1.376
R 836 I
2.314
1 , ()()•") ;
1.0<)2 !
001 !
1.0SI :
401 i
172.2S9
331.
5
11,435
40,172
9. 129
1,454
13,021
2,17!
27.214
2.G2G
I. OSS
507
55.8
1.063
302
.'510.4^5
I.IAHII.ITIF.S.
?zpit al st ock paid in
Surplus fund
All other undivided profits, l<\ss expenses and taxes paid.
.Nationalbank notes outstanding
Due to Federal reserve ba nks
Amount due to nal ional banks
Amount duo to State banks, bankers, and trust companies
Certified checks outstanding
<'ashier's checks outstanding
Demand deposits
'
Time deposits (including postal savings deposits)
V nited States deposits
United States Covcmmeni securities borrowed
Jionds and securities, other than United States, borrowed
Bills payable (including all obligations representing
money borrowed other than redisc ounls)
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 st ited
Total.
•T7J0 |
12.493
307
S74
132.433
82.90")
' 607
2! 922
12.09ft
0.12S
21.316
' 332
2 . :;.">;*
12.038
296
844
1:54.507
90, 547
200
S
309
304,772 I
348
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities-
Continued.
I N D I A N A - Continued.
INDIANAPOLIS.
[In thousands of dollars.]
Doc. 29,
1922.
RKSOl/HCKS.
J u n e 30,
1923.
Sept. 11,
1923.
6 banks.
Loans and discounts (including rediscounts;
Overdrafts
Customer's liability account of "acceptances'7
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 collect ion.
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 Inited States Treasurer.
Other assets
A p r . 3,
1923.
6 banks.
6 banks.
5 banks.
!
47,796
24
514
11,601
6, 079
2,469
136
3,:343
5,154
,8,621
45,399
12
469
45,520
11
618
13,127
5,724
3,455
1-19
4,600
4,352
7,771
2,962
1,031
520
427
332
250
2,191
1,393
420
393
332
20.5
2,947
1,371
527
605
366
205
2, S10
9W
'
475
435
353
195
94,202
Total.
14,269
7, 00*
2, 469
136
4.592
3; 649
6,692
45,991
33
359
15,294
6, 132
3,468
148
3,659
4,944
7,124
89,629
6,950
3,162
2, 499
6,017
362
5, 06*
6,950
3,392
2,044
6, 585
232
4,472
93,1.73
90,513
LI ANILITIES.
Capital stock paid, in
Surplus fund
All other undivided profits, less expenses and taxes paid.
National bank notes outstanding
Due to Federal reserve ban ks
Amount due to national banks
Amount due to State banks, bankers, and trust companies '.
Cert iiicd cheeks outstanding
Cashier's checks outstanding.
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
United States Government securit ies 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 t his
bank
Liabilities other than those- above stated
Total.
7,950
2,692
2,024
7 147
1S5
4, 293
7,650
2,707
2,152
7,302
248
5,181
12,890
! 60
57S
4."), 202
4,208
3,448
952
11,727
74S
494
41,213
3, 750
2, 434
931
12,612
138
499
44,002
3,388
2,560
1, 138
10,957
223
693
41,545
3,256
445
2,4s5
1,201
2.095
L499
350
5,134
13
5 IS
n
830
14
7X7
7
773
1, 134
1, 126
230
97
105
94,262
89,629
90, 543
REPORT OF THE COMPTROLLER OF THE CURRENCY.
349
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
IOWA.
fin thousands of dollars.1
I Doc. 29,
1922.
June 30.
Apr. 3,
.1923.
1923. '
Sept. 14,
J923.
banks. 339 banks. 337 banks. 338 banks.
RESOURCES.
Loans and discounl s (including redisoouni s)
O verdraf ts
United States Government securities
Other bonds, stocks, securities, etc .
Banking house, furniture, and fixtures
Other real estate own ed
Lawful reserve- with Federal reserve bank
,
Items with Federal reserve bank in [ roeess of collection.
Cash in vault and amount due from national banks
Amount duo from State banks, bankers, and trust companies
Exchanges for clearing house
Checks on other banks in the sa mo j>Lace
Outside checks and other casli items
Redemption fund and due from Unite d >in t es Treasurer.
!
Other assets
195.004
' 580
27,385
"12,1 SO
7,483
4,004.
.12,044
1.042
32,303
1,858
303
604
832
135 i
2.372
' nM
857
040
S33
299
702 |
Total.
J91.20S
539
25,829
] 0,714
7,434
3.507
10; 435
1. 178
22,571.
29^. .100 ;
2S8,278 |
20,930
11.809
4. 703
IG',524
20,908
1.1.788
4, 242
10,291
20,9^5
11,725
4,5()7
16.541.
3,770
3,221
3, 174
17.511
' 241.
1,594
100,287
.103,300
198
429
16,470
'229
1,259
94,810
108.021
' 158
370
15,104
213
1,068
95,370
110,313
157
1.925
8,957
1,749
8.0-15
1,971
7,568
191,523
451
28,034
12,025
7,533
4,550
11,110
1,215
20,088
191,335
503
29.1) i
13,472
7,057
4,936
10,981
1,311
25,726
2,089
408
849
094
832
217
1,867
' 297
i
'
':
'
|
i
j
517
831
1.93
289,355
IJAKTUTIKS.
('apital stock paid in
Surplus fund
All other undivided profits, lossexpei-sesand taxes paid.
National bank notes outstanding
Due to Federal reserve banks
Amount due to na-1 ional banks
Amount dueto Stale banks, bankers, and trust companies .
Cert ificd checks oulsi anding
I
Cashicr'schocks out standing
!
Demand deposits
|
Time de])osits (including postal savings deposits)
;
United 81 ales deposits
."
!
United States Government securities borrowed
,
Bonds and securities, other than United Stales, bor- ;
rowed
j
Bills payable (including all obligations representing |
money borrowed other than rediscounts)
Notes and bills rediscounted
|
Letters of credit and travelers' chocks sold for cash and j
outstanding
Liabilities other than thoso above slaled
Total.
20,775
11.950
5.303
10,520
9
:
j
i
!
i.
2,205 j
12,707
L72
1. 149
89; 830
95,497
248
452
;
I
|
!
8
41.2
9(5
4.490
.15.934
lti
90
12
J
277,702 ;
298,400 !
288,278 i
2Si), 355
350
REPORT -OF TILE COMPTROLLER OF T H E
Abstract of reports since September 15, 1922> arranged by State* and reserve cities—•••
Continued.
I O WA—Com inuod.
CEDAR RAPIDS.
[In thousands of dollar-.]
Doc. 29.
1922.
Apr. 3,
Juno 30,
1923.
Sept. It,
3923.
: 2 banks, i 2 banks
2 banks.
2 banks.
RKKOVRC f'.S.
Loans and discounts (including rediscounts)
Overdrafts
:
Customer's liability account of " acceptances"'.
i
Vnited Slates Government securities.
i
Other bonds, stocks, securities, etc
I
^Banking house, furniture, and fixtures
i
Other re'isl estate owned . !
Lawful reserve with Federal reserve bank
Items with Federal reserve bank in process of collection.
CZrh in vault and amount due. from national banks
Amount due from Shite banks, bankers, and trust
companies
Exchanges for clearing house.
Outside checks and other cash items
Redemption fund and due from United States Treasurer.
Toi ill
;
10
1
2.M9
255
19*
1,323
1.500
1,923
054
32
40
22. tV30 i
.13..") 17
' 11
13
5, 003
1,295
275
197
1. s3S
1.510
2.294
900
219
14
40
19
9
13
4.4M
1,333
275
197
!. 652
1,099
(l
13.
629
2>-5
41
40
i^i
12,975
13
15
3,93S
2,005
275
19S
1,49'.)
1,3S4
2,311
077
135
14
40
25.509
LlAJill.ITlKS.
Capital slock paid in.
Surplus fund.
All other undivided profits, less expenses and taxes paidnational bank notes outstanding
Amount due to national banks.
Amount clue to State banks, bankers, and trust companies—
Certified checks outstanding
('•ashler's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
\' nited States deposits
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Notes and bills rodiscounted
Acceptances executed for customers, etc.
!
Total.
1.912
MX)
700
555
771
3,394
S00
700
559
770
2.431
SO!)
707
602
790
2,410
0, 130
5
105
5,403
4.277
425
9, M0
14
J31.
5.329
4,025
1,750
?<, 20S
.">. 134
•1,044
522
7,935
13
S5
5.111
4,039
22S
1.2^7
' 2*3
7
13
1.500
' 450
13
525
15
MR)
700
.725
771
25,50.)
KKPOKT OK T i l S COMPTTWT.LIVR OV T H E CUTtKKXCY.
of reports since September
li,
1922, arrantfcd by Slates and reserve
Continued.
IOWA—Continued.
DES MOINKS.
[In thousands of dollars.]
HKSOL1U !-:s.
Loans and discounts (including rediscounts)
Overdrafts
'
l.'niiod States CJovernment securities
Other bonds, stocks, securities, etc
flanking liouse, furniture, and fixtures
Other real est ale owned
1-awfuJ reserve with Federal reserve bank
1 (ems with Federal reserve bank in process oi col lection
Cash in vault due from national banks
Amount duo from State banks, bankers, and trust
companies
TCxcliangc-s for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redemption fund, and due from Cnited Stales Treasurer.
Tola].
Capi Ial si ock paid in
Surplus fund
All other undi vided prof i i s, 1 i\ss expenses and taxes paid.
Na tiona] bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers,, and trust, companies .
Certified checks out standing
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposit s)
Unit rd States deposits.'.
United Stales Government securij ies borrowed
Hills pnyablo (including all obligations representing
money borrowed other than rediscount s)
Notes and bills rediscounted
Liabilities other than those above stated
Total
351
cities—
352
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since Septeviber IS, 1922, arranged by Stales and reserve ciiLes—
Continued.
IOWA—Con tinned.
DUBUQUE.
fin thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
June 30.
1923.
Sept. 14.
1923.
3 banks.
2 banks.
2 banks.
2 banks.
RESOURCES.
3,436
2
1,328
1,611
143
1
435
87
1.207
7
1.778
2,140
200
4,483
4
1.833
2.057
203
4,410
0
1,835
2,312
203
439
62
1,245
476
72
952
499
60
737
112
57
32
20
78
64
79
12
20
04
81
9
20
10,164
Loans and discounts (including rediscoun Is)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
.Banking house,furniture,and fixtures
Other real estate owned
Lawful reserve wi th Federal reserve hank
Items with Federal reserve bank in process of collection,
Cash in vault a n d amount due from national b a n k s . . . .
Amount due from State banks, bankers, and 1 rusl companies
E xchanges f or clean ng house
Outside checks and other <»ash items
Redemption fund and due from United States Treasurer
Other assets
10,334
10,291)
525
305
207
398
126
700
300
172
400
177
700
300
139
391
103
700
300
178
399
84
1.30$
2
47
2,988
2,661
1.018
2
41
3,0-iO
4,310
3
1
839
5
77
3,079
4,697
3
1
820
I
29
3.087
4; 698
3
S, 572
10,164 |
10,334
10,299
156
•18
60
20
38
Total.
LIA.KIUTJF-.
Capit al stock paid in
Surplus fund
All other undivided profits, lessexpenscs and ta xes paid,
National bank notes outstanding
Amount due to national banks
Amount duo to State banks, bankers, and trust companies
Certified cheeks outsl.andiug
,
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
Liabilities other than those above stated
Total.,
REPORT OF THE COMPTROLLER OF THE CURRENCY.
353
Abstract of reports since September lo, 1922, arranged by States and reserve cities—Continued.
IOWA—C ontinued.
SIOUX CITY.
[Tn thousands of dollars.,!
Dec. 2!),
1922.
Apr. 3,
1923.
June 30,
.1.923.
Sept. I I,
1.923.
5 banks.
5 banks.
5 banks.
5 banks.
RESOURCES.
Loans and discounts (including rodiscoim Is)
Overdraft s
United ttlatcs Government seeuri! ies
Other bonds, slocks, securities, etc
Banking house, furn iture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve bank in process of collect ion..
Cash in vault and amount duo from national banks
Amount due from Stale banks, bankers, and trust
companies
Exchanges for clearing house
("hecks on other banks in the same- place
Outside checks and other cash items
Redempt ion fund and due from U n if.ed States Treasurer.
() I her assets
20,089
40
3,070
1,909
705
1,59
1,9 IS
357
2,410
20,027
31
3,418
1,804
707
166
1,770
542
2,271
1,270
•m
8
103
19
1
1,100
500
17
170
-19
1
1,081
342
3
219
49
1
1,205
501
14
159
49
32,018
Total.
84
1, 650
020
2,196
20,258
' 22
3.135
2,301
705
117
2,078
634.
3,241
31,823
33,008
32,732
1,500
915
277
909
1,981
795
224
971
3,068
1,050
795
168
947
2,895
1,050
795
187
970
2,770
9,542
34
£13
10,330
7,075
21
8,291
21
320
9,375
8,134
26
8,043
50
540
9,345
7,955
19
20, 053
21
3, ISt
I, OSJ.
0 K)
LIABILITIES.
Capital stock paid in
Surplus fund
AH other undivided profits, lessexpenses and tuxes paid.
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and trust companies
Cerl if led checks outstanding
( ashler's checks outstanding
Demand deposits
Time deposits (including postal-savings deposits)
United States deposits
Bills payable (including all obligations representing
money borrowed oiher than rediscount.;)
Notes and bills rediscounted
Letters of credit and travelers' checks sold for cash
uml outstanding
Li.-ihililios other than I hose above stated
Tot:il.
0,018
10
40-1
9,000
0,9S0
2J
385
310
2,932
-103
.1.
4
32,0 IS
34, S23
33,008
32,732
354
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract oj reports since September 15y 1922, arranged by States and reserve cilie$-rContinued.
KANSAS.
[hi thousands of dollars.]
! Dec. 29,
1922.
i
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
I 2^0 banks. 254 banks. 256 banks. 256 banks.
RESOURCKS.
Total..
104,490
409
50
17,504
7,784
5,204
1,362
7,941
368
25,351
103,798
324
106,600
285
104,716
371
17,954
7,204
5,276
1,555
7,823
158
21,509
17,834
7,572
5,339
.1,680
7,774
127
21,167
18,786
7,871
5,396
1,918
7,957
191
20,538
4,462
250
408
432
495
282
3,873
277
481
268
499
296
3,670
255
402
247
501
228
3,797
256
288
215
496
241
176,792
Loans and discounts (including rediscounts)
<) verdraf is
<'usf omcr'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
Kerns 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
I
Outride checks and other cash items
I
Redemption fund and due from United States Treasurer.!
Other assets
i
171,295
173,681
173,037
14,048
7,622
3,919
9,785
14,023
7,689
3,161
9,887
14,097
7,597
3,008
9,800
14,098
7,566
3,255
9,842
2,541
2,295
2,061
1,992
7,946
64
1,231
91,376
32,317
1,679
7,522
52
1,126
87,005
33,999
1,317
323
7,185
51
1,136
88,739
34,576
932
322
7,236
69
714
89,023
34,578
740
341
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 t o State banks, bankers, and trust companies
Certified checksoutstanding
Cashier's checks outstanding
Demand deposits
Time doposi ts (including postal savings deposits)
Uni ted States deposits
r n i t e d 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 rcdiscounted
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed for customers, et c
Liabilities other than those above stated
Total
i
81
128
128
378
1,211
2,356
723
1,888
1,007
2,91G
749
2,322
2
50
176
151
120
127
176,792
171,295
173,681
173,037
REPORT OF THE COMPTROLLER OF THE CURRENCY.
355
Abstract of reports since September lo, 1922, arranged by Slates and reserve cities—
Continued.
KANSAS—Continued.
KANSAS CITY.
|In thousands of dollars.]
Pec. 29,
1922.
Apr. 3,
1923.
J u n e 30,
1923.
Sept. 34,
1923.
2 banks.
2 banks.
2 banks.
2 banks.
HKSOL'KCKS.
Loans and discounts (including rediscounts)
Overdrafts
IJni (.ed States G overnmont 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.
Exemption fund and due from United States Treasurer.
Total.
0, 199
9
875
449.
151
0,634
' 4
9H1
560
152
534
9.->6
2,084
675
.1,014
1, 145
(i 7
'972
1
0,020
2,049
592
152
8
842
859
2,383
22
25
12,88-1
724
191
18
25
61.7
152
9
691
792
1,326
328
296
38
25
12,123
12,038
13,514
S00
500
51
491
1,571
S00
460
32
' 493
1,154
800
460
50
490
1,133
800
470
63
497
863
2,538
18
41
5,578
1,194
101
2,789
5
51
4,774
1 208
64
2,375
35
39
5,278
1 206
1,447
m
417
148
8
25
LIABILITIES.
Capital stock paid in
Surplus fund
Ail other undivided profits, less expenses and taxes paid.
K ational-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) !No(es and bills rediscount ed
Liabilities other than those above stated
Total.
39
5,781
1,530
4
1,000
100
203
.1.2,8S4
12,123
12,038
.13,514
856
REPORT 01' THE COAIPTROIXER Or THE CURRENCY.
Abstract of reports since September lo> 1922, arranged by States and reserve cities—•
Continued.
KANSAS-Continued.
TOl'EKA.
[In thousands of dollars.]
Doc. 29.
1922. '
Apr. 3,
1923.
June 30,
1923.
Sept. It,
1923.
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
Ttcms 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
Cheeks 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 cheeks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United States deposit *
".
Bills payable (including all obligations representing
moncv borrowed other than rediscount:)
Liabilities other than those above stated
Total.
5,324
1,992
l,Sf)S313
6
901
14
1,851
5,513
4
2,177
1,360
310
5,312
5
2,147
1,373
952
12
2,276
863
8
1,700
330
90
38
5
30
18
224
225
19
5
30
11
131
174
74
J3
30
14
12,747
13.124
900
245
900
245
900
245
900
245
155
598
1,138
137
5*9
9S5
119
5S6
938
153
593
953
1,095
2
199
7,584
348
450
151
8,145
373
735
11
299
,449
352
501
800
12
145
8,102
11
22
12,747
. 153
5,221
3
2,399
1.0K7
311
10
2.208
257
127
60
3
30
12,7;«i
4".O
IS
13,124
L9
12,153
12.736
357
IiEPOliT OF THE COMPlTiOLLliK Oi- THE CUEEEKCY.
Abstract of reports since September 15, 1922', arranged by States and reserve cities—
Continued.
KANSAS—Continued.
WICHITA.
[In thousands of dollars.!
Dec. 20,
1922.
3 banks.
RESOURCES.
June 30,
1923.
4 banks.
j
Loans and discounts (including rediscounts)
;
Overdrafts
I
United Stales Government securities
•
Other bonds, stocks, securities, etc
!
Banking house, furni lure, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
;
Items with Federal reserve bank in process of collect ion.. j
Cash in vault and amount due from national b a n k s . . ..i
Amount due from State banks, bankers, and -rust com- !
panics
'.
:
Exchanges for cleari ng house
•
Checks on other banks in the same placg
:
Outsi dc checks and oi her cash i t em s
•
Redemption fund and due from I'nited States Treasurer.!:
Other assets
!
Sept. 14
ept. 14,
1923
1923.
4 banks.
!
17, H>« }
11 ;
.
1,33(1 :
2,917 ;
2, 40« ;
i52 j
852 i
571 !
2,294 .
!
2,229
510
451
40
5
7S
Total.
16,693
36
1.293
2, 7:59
2. 380
165 ;
1.771 !
549 i
1.762 '
18,357
18
1.771
2,900
2, 659
198
2,059
909
2,239
17. 823
8
2, 698
3,896
2, 664
198
1,796
483
3,118
1.586
522
320 .
30 i
5 i
ii7;
1.4t>S
563
71
99
1. 369
549
41
184
5
121
29, !WS
K3|
33,491
LIAIJIUTTEP.
Capital stock paid in
Surplus fund
;
All other undivided profits, less expenses and taxes
paid.
National bank notes outstanding.
Amoiint duo to national banks
,
Amount due to State banks, bankers, end trust companies
Certified checks outstanding
Cashiers' checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
(.'ruled Slates deposits
\ 'niled 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 cited
Total.
2,21)1)
1,225 :
2,200
1,225
5,023
14
473
11,292
4,867
127
180
I
:
:
i
;
j
2,400
JL, 41 '1
J , A tO
-
277
97
3,461
278
100
4, 349
4.786
12
515
12, 807
.">, 492
272
231
5,890
20
456
13,921
4, 925
218
772
1,078
214 !
97 !
4,223 ;
2,400 i
15
1
1,328
111
174
97
2
121
158
99 i
•1.393 I
j
4.317 ;
25 ;
431
10,34 1 '.
5;08() i
89 !
231 j
201 I
19 :
11.2 •
:
30,955
29,998
33,491 i
64
34.953
358
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities-—
Continued.
KENTUCKY.
[In thousands of dollars.]
Dec. 29,
1922.
A p r . 3,
1923.
J une 30,
1923.
Sept. 14,
1923.
132 banks. 135 banks. 135 banks. 134 banks.
KESOURCES.
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 wit h 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 iterns
Redem ptionf undand duefrom United States Treasurer
Other assets
,
101.447
J 79
103
25,691
11, S48
4,293
497
7,314
148
14,383
101,320
305
153
24,908
12,358
4,534
621
628
90
214
279
789
190
366
248
591
104
1,123
207
46(5
24S
599
80
670
102
228
264
583
160,913
Total.
99,529
220
222
25,021
11,427
4,090
480
7,461
179
17,868
168,785
108,626 |
13,691
8,0%
13.996
8,438
13.996
8,706
13,94f>
8,695
3,686
11,868
21
731
3,572
11,896
3,105
11,786
1,006
782
3,631
11,955
36
797
2,249
126
276
80,128
32,989
664
675
2,386
132
275
85,010
38,400
.702
667
2.390
148
323
SI.633
40,972
614
666
2,072
108
293
75,719
41,163
240
666
3,921
1,497
1,476
422
1.962
1,279
3,719
1,453
1
82
2
219
58
109
212
3
183
44
162
44
168
168,785
168,626
164,814
96,490
253
82
22,775
10,418
3,644
343
7,159
177
17,667
123
11,713
164,814
LIABILITIES.
Capit al stock paid in
Surplus fund.
All other undivided profits, less expenses and taxes
paid
Mational bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and trust companies
Cert i Hod checks outstanding
Cashiers' 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)
Not es 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.
160,913 j
REPORT OF THK COMPTTCOLLKR <)V T H E (XKEEXCY.
as 9
Abstract of reports since September 1/7, 1922, arranged by States and reserve cities—
Continued.
KENTUCKY—Continued.
LOUJSVILLE.
[In thousands of dollars.]
Doc. 29,
.1922.
! 4 banks.
Loans and discounts (including rediscount sj.
Overdrafts.
uncos'
Customer's liability account of "awe plan
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 collodion.
Cash in vault and amount due from national banks
Amount due from State banks, bankers, and trust com- |
panics
I
Exchanges for clearing house
I
Checks on other banks in the- same place
!
Outside checks and other cash items
j
Redemption fund and due from United .StatesTreasurer.)
Other assets
I
Total.
Sept. 14,
192:i
I banks,
.•.4,907
23
332
17,708
9.871
' 285
78
7,419
5,591.
<J,029
i")S. 70«'»
1.903
' 913
2,118
1,233
208
2<;9
j 4 bank*.
245
20«
224
47
500
17,249
}
327
70
C.,283
5,772
3, t>M>
51
510
15, 528
10,203
' 3C.9
75
5,189
5,O.")8
;
4 banks.
r.L, 614
23
271
13,705
8,8*1
103
70
1,007
5,884
3,780
1, (i92
1.020
' 9
222
208
2 LI
1,859
1,001
104,235
102,771
1,500
2' 555
1,039
8,238
4,500
1,300
3.048
4,145
5,537
37,95(1
17,701
2,079
354
17,171
109
-.502
38.827
ISO 12
1,«)8I)
127
15,422
315
378
32, (159
IS,414
l,K03
(>77
11,229
117
74
3ii, L17
1S, 4tJ9
K.50
l,3S0
»,050
(07
T,2ti5
507
4,843
5,321
510
0,048
(>,303
271
105,922
105. ">(',<; j
4,500
4; 300
2,7-19
4.1t>0
10; it,2
4,500
4,300
2,023
4,155
141
20S
301
I.IAHTl.ITIKS.
Capital stock paid in
Surplus fund
All other undivided profits, less cX]>onsos and t axes j iaid.
National bank notes outstanding
Amount due to national banks/.'
Amount, due to State banks, bankers, uul trust coinpanics
Certified checks outstanding
(lashicrs' checks outstanding
Demand deposits
Time deposits (including postal savings deports)
United States deposits.
United Slates (Jovernment 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 i nan those above stated
Total.
.[
114-
-24
[Writ
30
^1
105,922
101,235
380
102,774
560
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by Stales and reserve citiesContinued.
LOUISIANA.
[In thousands of dollars.]
I Dec. 29, ' Apr. 3,
|
1922.
J92H.
33 banks, i 3:J b a n k s .
Tune 30,
1923.
33 bunks.
:
!
Sept. 4,
1923.
33 b a n k s
KEHOUKCKS.
Loans and discounts (including rediscount?)
(.)verdraI'rs
(Customer's liabilit y account o f " a c c e p t a n c e s "
i
V niled Maics Government securii ies
Oi'nor bonds, stocks, securities, (Me
Banking house, furuilure, a n d fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
1 ems wiih Federal reserve b a n k in process of collection.
.
1
Cash in vault and a m o u n t due from jiationai banks
Amomil due from Stale bankt>, bunkers, and ttu>i coin- j
panics.
Exchanges for clearinghouse
("hecks oii other banks i \i the same place
On;side checks and oi her cash iiems
;
Kedempi ion rundand duufrom I'niird States Treasurer.;
Other assets
;
4S, 301
54
15
6,430
3,771.
3,521
402
3,S58
7i2
7,091
4S, 915
45
7
7,050
2,060
3,193
528
3.4SfJ
' 714
5,73-1
48,345
4S, 402
49
7, 7.r>N
2,092
7,731
3,104
3/310
024
2,995
(Ui)
4,19]
3, S52
too
3,039
33S
120
159
MS
2,4*2
349
JOt
I.2S
J. 19
202
:
7l», 720
To: al
21-)
344
90
:
3,313
(}•]()
3,230
004
5,090
•5,i:?L
2
'?! J
32;)
v?:.\
14S
12S
74,5i>:j
LIABIUTIKS.
Capital s( cxk paid in
Surplus fund
All other undivided pi'ottls.less expon.-os and taxes \nxld.
National bank notes outs! anding
J'.)uc io J^ederalreserve banks
Amount due io national banks
Amount due to Stale banks, bankers, and trust cornpan ic-s
i
Cei liped checks ouistanvJirifi
j
Cashier^' checks oui si anding
i
Demand deposits
j
Time deposits (i ncludvn?? postal savings depo>ii s;
j
United Stales deposits.'.
deposit.
i d Stales C
J
iii
b d j
I."niied S
CJovornmenl: securiiios borrowed
Bills payable (including all obligations repre^eniing j
money borrowed oi her than rediscounts)
|
Notes and bills rediscoimted
j
Letters of credit and travelers' chocks sold for cash and I
out standing
g
t
Acceptances executed for customers, et c
Liabilities other than I hose above staled
Toi al
74,503
REPORT Or THK COMI'TROLLi;!.; OK THE CCUliKXl'Y.
Abstract of reports •iinco SerJcmher
361
!•">, If),??, arranged />// Stales and reserve cities- —
Continued.
NKW OULKAX.S.
[hi ihousands of dollars.]
i )'•(>. 2 0 .
I Juno W,
I
1«)J:J.
1 bank.
Loons' nnd discounts (inolmjir.i: ;•••(] i: conn I > •
!
Overdrafts
!
C u s t o m e r s liability account o f ' i i m piaiu-o-*'"".
'
United States Government socuri! ioi
Ollioi1 b o n d s . stock. 1 , securities, etc
i
B a n k i n g house, furniture, and. fi.\!w:•-<
Lavv'J'ni reserve with I'YderuI ?eserve bank
Hems with Federal VVWYY? b a n k in p oecs- ou";He<•{lew.
("ash in vault and a m o u n t due ironi liaUotMl b.uiks
i
Amoinit due from .Stale, batiks, bi".r.koi.;. a n d i n i - i
companies
Exchanges for clear!iig iioii^e
('hocks on other banks hi the same jiiticv..
Outside chocks and oi.horc;i<h il'-ms
Kedeinpl ion fund and due irom I- iiiied >l.U .^s 'i'reM^Lir
Other as.setrf
Apr, .".,
3*.»2:t.
L biink.
I b:»ik.
26.S2S
"'"' 22 i
657 :
1.0! I ,
J:g |
l. 14,
1 bi.« i k .
'2:\ 720
1.1.57
:;.O77
2,412
I, i:>!
1, 5l> i
2 * ()."><) i
' M2 !
1.5i»J
40
7'5
(55
871
7«i
40.«!
Capitol stock paid IJ\
Surplus fund
A J J t ] d i i d d
N a t i o n a l - t > a n k n o t e s oui: : Umd!?'g.
....'
i
A m o u n t d u o t o n a t i o n a l Jjanks..'
i
Amount due to State banks, b.-ynkvrs, and irust com- j
panies
I
Ceil if ied checks outstanding
.j
Cashier's c h e c k s o u t s t a n d i n g
I
Demand deposits
i
Time deposits (including postul saving's dopo.-its.)
United Statosdeposits..
Xoi.es and bills reuiseounted. ,
Acceptances executed for customers, eic
Acceptances executed by other bauk:< foraccoiurl of i his
bank
.Liabilities other than tlio^e above staled
4-2
r*. HOT
->. 7 2 1
Total.
Toi a!
22.045
j)
|
2 , ^fsO |
2. vnn
2 Am i
2 . '>i"K.I
2,00!)
'9i2
1,504
S-Vj
1,520
2, \VA
0,21!
<>2
12:>
25.212
5.:JI
110
in.-)
\
21.029
*" 7()0
' 200
123
14
47,01S !
4\)
41. t is
•.
11 i
2, !)!»:>
i(>0
2,957
070
"
83
4
40,fiU)
362
REPORT OF THE COMPTROLLER OF THE CVRREXCY.
Abstract of report* since September lo, 192:2, arranged by States and reserve cities-^Continucd.
MAINE.
fin thousands of dollars.|
Pe<\ 29,
1922,
Apr. 3, » June 30,
1923,
1923,
60 banks, j 60 banks.
Sept. 14,
1923.
60 banks.
60 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 Federalreserve bankin process ofcollection.
Cash in vault and amount due from national hanks. ...
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
Redumption fund and due from United States Treasurer,
Other assets
53. 808
' 30
15, 103
34,414
1,903
172
4,3»)l
829 :
0.858 ,
166 I
253 !
56,831
28
1
15.229
35,610
J. 989
117
59,771
39
15.638
35. 463
1.995
197
4,639
893
5,584
199
61,106
38
216 i
440 !
384
106
337 j*
319
2S1
144
471
319
120
248
281
274
125,652
128,567
4,412
743
(>. S71
2*4
98 !
.123,291
Total-
5,7i9
35,674
2,006
338
4,706
805
6,462
L1AHILITIES
Capital stock paid in
i
Surplus fund
j
All other undivided profits, lessexpensesand taxes paid.j
National-bank notes outstanding.
Due t o Federal reserve banks
Amount due t o national banks
Amount due t o Stale banks, b a n k e r s , a n d i r u s l companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including p o s t a l s a v i n g s deposits)
United States deposits
Bills payable (including all obligations representing
money borrowed other t h a n rediscounts)
Notesaiid bills rediscounted
Acceptances executed for customers, etc
Liabilities other t h a n those above slated
Total
7,245
4, 805
4,075
5.436
156
267
7,345
4,935
4,422
5,540
218
342
1,668
105
432
32,719
65,6S0
412
1,690
66
262
35.331
66, 493
277
1.9fi6
652
713
857
34
123,291
76
125,652
128.567
EEPORT OV THE COMPTROIJ.ICTC OF THE CCIMENCY.
863
Abstract of reports since September 15, 192:2i arranged hy Stale* and reserve cities-^—
Continued
MARYLAND.
[In. thousands of dollars.]
Dec. 29,
1922.
A p r . 3,
1923.
June 30,
1923.
Sept. 14,
3923.
75 b a n k s .
75 banks.
7-1 banks.
74 b a n k s .
40,766
35
7
10,410
24,933
2,055
297
3,430
25
4,764
48,190
43
17
10,868
25,260
2,056
361
3,509
41
•19,301
31
RESOURCES.
Loisns and discounts (including rediscounts).
Overdrafts.
Customer's liability account of *4acceptances" .
United States Government securities
Other bonds, slocks, securities,etc
Banking house, furniture, and fixtures
Other real esmt-e 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 d ue from Slate banks, bankers, and trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside cheeks and other cash items
Redemption fund and due from United Slates Treasurer.
Other assets
Total.
4*1
?,;>
119
s7
1%
93,701
S77
SO
w
77
196
43
97. 148 |
10,785
25,677
2,069
438
3,545
29
3.918
50,5-11
43
1
10,852
25,888
2,089
462
3,767
38
4.998
5S0
72
197
172
198
60
693
38
107
132
194
51
97,072
99.894
LIABILITIES.
Capit al si ock 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 by other banks for account of
t his hank
Liabilities other than those above slated
Total.
5,079
4,902
5,104
5,372
2,234
3,S03
84
138
2,037
3,830
95
127
444
81
111
23,528
51.140
105
504
69
123
20,522
5 -1,359
34
3
93,701
97, MS |
97,072
1,402
77
1
235
99,894
364
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September /-?, 1922, arranged by States and reserve cities—•
Continued.
M A R Y T J A X D — Conti iv.' ;< t.
•
BALTIMORE.
[In thousands of dollar-.]
Doc. 20,
1922.
Apr.:?,
1923.
J u n e 30,
1923.
3923.
II banks.
;
11 banks.
11 b a n k s .
1.1. b a n k s .
97. 537
4
103,3-10
IS
178
19,823
!4,7;C>
3.517
'887
104,965
11
292
21, 199
14,020
3,69S
1,071
K, 132
12.745
8.615
106,2-12
9
357
22,713
14,182
3,801
1,319
8,130
14,191
6,592
1,146
5,3i>9
34G
532
314
386
Hi:s:>lrH(T.s.
Loans and discounts (including rediscounts)
•
Overdraft s
.'
;
Customer's liability account of;• acceptances"
|
United Suites (loverinnenv sccurii ies'.
i
Other bonds, stocks, securities, etc
I
Banking house, furnillire, and. fixture.s
O1 her roc i <:-si ate ov. ind
Lawful reserve w it h Federal reserve bank
Items wi'.h Federal reserve bank in process ofcoiiceHon..
Ca^h in vault and amount due from national hanks . . . .
Amount due from Stale banks, bankers, and truM companics
E x c h a n g e for clearing house
Checks on other banks in the same, place
Outside checks and other cash items
Redompi ion fund and due from United Stales Treasurer.
Oiher as^'is
Capiial Flock paid in
•
'
Surplus iund
!
All other undivided profit s less expenses and i axes paid.!
Nat ional bank nol os oulsi anding
!
Amount due to national banks
j
Amount due to State banks, bankers, and trust com- ;
panics
|
Cerl ified checks oul.standing
'
Cashier's checks outstanding
;
Demand deposits
i
Time deposits (including post al savings deposit s)
UniIed States deposits
Uniled States Government securities borrowed
Bills payable (including all obligations represent ing
money borrowed ot her than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold for cash and
oi! tsl anding
Acceptances executed for customers, etc
j
Acceptances executed by other banks for account of this j
bank
.*
j
Liabilities other than those above staled
\
i
299 !
307 I
737 !
330
2, 137
7, SSI
(72
30!
3! 4
339
]W),300 |
To:ai.
Tot al
2m
20. MVl
hi. SIVS
3. 4 7 7
612
S, S W*
13, (572
470
ISO.212
J Si), 782
12,900
11.075
5, 039
it, 0()7
8, 294
I3.050
11,135
5,022
6,158
9, 877
!3.(»50
11,2S5
5, i 07
5,9:.9
8, Mo
13,05!)
1 i.285
5,762
6,12o
9, 885
1,435
200
80,841
17,559
4,484
420
20,0(K>
977
197
76,841
17,800
5,506
420
20,28a
1,071
341
82.253
17,339:
6,5R2
1,427
16,603
986
212
83, 587
16,455
3,521
600
4.227
27(i38
7,436
5,027
6,6-16
6,161
8,974
7,679
4
249
2
176
4
276
1
321
2
580
16
634
36
686
186,782
185,769
0-17
!
716
41?
14 j
488 I
180,360 |
4n5
180,212 >
>, 7<i9
365
KKI'OKT 01- THE CCOLPTKOI .IXR OF 1'HK Cl'IUlKXCi.".
Alitifrac!
(if r<"p<)rh< #u>.cc September
/•">', t-J;:;2, arrange*! by Stales
and reserve
ciliex—•
Continued.
M A N S A i \l L ' S K T T N .
[ill thousand:; t)l do! i:>r>.
i
Dec. 29,
Loans a n d discounts (including r e d i s c o u n t s ;
j
Overdrafts
C u s t o m e r s ' liability account of ''ace cptar.•?(•.<".
Urn led S t a t e s (iovi>rnment s, i curili''s
Oliier bonds, stocks, securities, c' c
Hanking hou>e, fu.-niiure, a n d fi.M!. res
Otlier real estate o\v nod
1 ,{i\v fii i ri^^erve \vi ih Federal re<e:'\ « ban!-.
>
Jl.erus Avilli Federal rese!"\'e l-iitik-in process o Tool lection.
Cash in v a u l t and aiiiount d u e l'roin Tiai.j;.;iai i):inks —
A m o u n t due from State b a n k s , bankers, a n d t n i ^ t companies
ENCh:M£e--i for clearing lu;;'.*'.;
Cuec!-:s on otlier iwriksiu {he t;:\m.e Diae.1
Oiiiside cheeks a n d oi her f-i-hilein <
R e d e m p t i o n fund and due i'rom U n i l e d Ht;: les Treasurer01 her assets
!
i
|
! ,ri?it> 30,
Apr.3,
I
r)
2.V), ! 71
.'
71 ;
tv>! j
7.V< j
s. :<ss
; if)
J
" "
Scpi.lt,
-If i 1
SI, S i t
.u., ON
1,227 !
!!'?2!l
2-S.020 i
I.-I70
M)l ;
{•17
l.2Vf)
! ,201
73;i
ill">
9:)*
411
Total.
L1\U[L[TII-:S.
CapiUil stock paid in
Surplus fund
All other u n d i v i d e d profits, less o\p»nses a n d laxos
paid
National b a n k notes oui si rinding
:f>ue 1 o Federal reser\ e b a n k s
Ainount dm) t o nai.icnial batiks
A m o u n t d u e t o S t a l e banks, b a n k e -s. and tru^t compaiiies
....',
.'
Certiiied cheeks oui-sl.:inding
Cashiers' cheeks oulsf a n d i n g
D e m a n d deposits
T i m e deposits (including postal savings deposits)
Un.iiod States deposits
Uuited Stnt( x s (iio\'orninetil. securiji''- borrctvrcd
Bills payable (including all obligations r.»pros>enting
money"borrowed o t h e r ' t h a u rediscounts)..
Notes a n d bi i Is rediscoimted
L e t t e r s of credit a n d travelers' checks sold for cash a n d
outstanding
Acceptances executed for customers, pic
Acccp( an ces executed, by other b a n k s ..'or account of this
bank
.
*
Liabilities other t h a n those alcove s t a t e d
Total.
21,
14,"0i
17JU05
:
•
;
•
:
:
i
•
i
;
|
i
!
I
•
i
!
1,07»0
572
! 0,770
SI I
-1J3
727
14.01s
f)*M)
Hi,
3'. 7 !.r>
lit
."),4S2
•V>3
>2»>
Pi.2:N
2,0 is
ViSi)
,, 21 i
' I'll
S'.il)
7<JO
II.-,' 2:-;N;
!iii
M, 000
17, 407
I.
770
io.-,. 407
1 ,VJ|', •I 2 !
~h
<>•)(',
T
o
2 ' r , :ViV)
iiW),
I)S.")
2, i.'<N
10
-
}i,
2'.2.-)«i
8, •134
2, 0 3 L
2
030
;;.->*
i
2 )."
107
t»:is
02.)
-,72
4 7 7 I1).")
2 !
4 SO
1.2
21
43».i
• !•")•{,
100
4fii),
2, i>7:
S7
36f3
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September Lr>, 1922, arranged by States and reserve cities—
Continued.
MASSACHUSETTS—Continued.
BOSTON.
[In thousands of dollars.
i Dec. 29,
! 1922.
Apr. 3,
1923.
J u n e 30,
1923.
S e p t . 14,
1923.
12 banks.
12 banks.
14 b a n k s .
11 banks.
369,426
75
41,637
46,667
38,465
8,095
7,246
39,027
24,135
24,965
393,487
40
52,947
39,089
39,452
7,793
7,820
36,336
25,145
20,321
469,596
' 57
42,895
50,223
50,212
9,782
8,405
43,819
25,440
26,093
471,386
60
29,526
47,892
48,638
16,095
3,911
40,525
29,289
20,212
24,583
267
2,185
131
21,555
5,261
18,977
43
2,409
125
15,644
5,455
15,266
149
5,675
135
11,447
5,783
17,136
320
2,714
167
11,518
054,128
604,889
764,649
745,172
37,650
34,050
16,807
2,236
36,433
12,150
37,050
18,361
2,559
32,007
39,450
31,650
20,376
3,191
36,803
58,719
5,130
5,198
326,574
41,021
9,578
861
56,375
3,411
4,299
312,254
48,798
11,234
350
50,600
2,379
2,788
381,659
78,536
22,840
225
2,700
26,912
4,045
35,258
2,588
43,259
50,365
3,684
4,459
365,041
84,567
13,417
> 225
.
4,950
52,582
130
3S,372
162
55,359
610
40,907
700
30,386
5,256
5,793
375
5,618
513
1,949
1,377
RKSOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability acount 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
com panies
Exchanges for clearing house
Chocks on other banks in the sam e place
Outside checks and other cash items
Redemption fund and due from United StatesTreasurer.
Other assets
Total.
LIABILITIES.
Capital stock paid in
Surplus fund
Allother 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 postalsavings deposits)
United States deposits.
".
United States Government securities borrowed
Mills 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.
3f>, 400
38,550
13,788
2,173
42,097
(154,128 i
W'wj. 8*9
764,049 |
745,172
J5KP0RT OF THE COMPTROTXKT: OF THE CURIIKXCY.
Abstract of reports since September
l-r>, 1922, arranged by States and reserve
367
cities—
Continued.
MICHIGAN.
[In thousands of dollars.]
!
;
Dec. 29,
1922.
Apr..'!,
192,*.
J u n e 30,
1923.
Sept. 14,
1923.
; 1 12 banks. 112 b a n k s . 113 b a n k s . 113 b a n k s .
I
HESOURCKS.
Loans and cliseoiuil s (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities".
Ot her bonds, stocks, securities, etc
Banking house, furriii ure, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Itemswiih Federal reserve bank in process of collection..
C;>sh 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 pla( c
Outside checks and other cash items
Redemption fund and due from T.'nited states Treasurer.
Other assets
.111.444
07
2. 549
'330
2M
404
444
200
3,342
1,435
462
577
462
205
3,123
891
369
388
477
219
3,001
777
3*7
502
486
257
217.701
Total...
123,132
113
28
25,001
50, 800
7,270
554
8,993
111
15,401
122, SS7
143
113
.15,120
120,272
112
14
2r>. 079
50,514
7,147
541
8,823
113
18,465
237.563
237.238
210,025
13.050
s; 516
13.400
8,480
13.600
S, 758
13,000
8,765
5.020
\ 788
20
S01
4.494
9,0S4
19
791
4,281
9,237
9
715
4,996
9,503
21
952
3,003
106
520
63,304
109,212
1,037 !
4, X59
4, -184
315
409
73,608
119,9*8
1.1-"5
1,232
73S
22,172
48. 720
6, 060
479
24,058
51.718
7; 455
584
S,9*5
311
18,474
J.IADI1.1TIKS.
Capital stock paid in
Surplus fund
All other undivided profits,'Jess expenses and taxes
paid
National-bank notes outstanding
Due to Federal reserve banks
A mount due to national banks
Amount due to State banks, bankers, and trust companies
Certified checks out standing
Cashier's checks outstanding
Demand deposits
1
Time deposits (including postal savings deposits)
1'niled .States deposits
Vnited 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 by other banks for account of
this bank
".
Liabilities other than those above staled
j
Total
!
214 j
1,400
103
3. 881
' 200
125
73,649
117.715
1/2*0
156
2,203 !
9*6 i
1,195
452
2, 340
7*0
195 ;
14
.
312
28
164
151
237,238
240,025
217,701 i
•1*7
561
78,73-1
113,172
•18
568
REPORT OF THE COMPTROLLER OF THE CURREXCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—•
Continued.
MICHIOA-N—Continued.
[In thousand* of dollars.]
Dec. 29,
1922.
June 30,
1923.
Sept. 1.4,
1923.
3 banks.
RESOURCES.
Apr. 3,
1923.
3 banks.
3 banks.
3 banks.
•
Loans and discounts (including rediscount s)
1
O verdrafts
Customers liability account of "acceptances'"
:
United Slate* Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
i
Items wiih Federal reserve bank in process of collection, i
Cash in vault and amount due from national b;mk>
I
Amount due from .Stale banks, bankers, and trust com- ;
panics
'.
\
!
E x c h a n g e s for d e a l i n g house
O u t s i d e checks a n d o'her cash if ems
I
R e d e m p t i o n fund a n d duo from United States Treasurer.
Other assets
j
90,7i9
13
25
21,371
9.830
5,002
200
J J,179
0, 720
8.337
5', 934
3,545
426
95
S31
101, ^30
Total.
93, 423
26
809
18,991
8,020
5,091
200
8,022
6, 753
9,910
4, 702
90, 793
26
578
20,291.
8,911.
5,683
200
11,756
9,005
8,045
4, 657
3,334
3S7
95
1.994
3.65S
'410
95
1,902
102, <»03
166,010
8,500 :
0,500 I
2,078 i
l',852 I
6,407 I
8,500
6,500
3,154
1,796
4, 840
8,500
6,500
3, 400
1,905
5, 703
13,388 j
503 !
722 i
92,939
12,900
2,273
13,718
300
747
98,60S
17,4-43
5,648
16,386
602
542
98.145
16;520
4,154
301
250
2,362
29
33
810
499
35
579
421.
.102,135
102, 963
166,01.0
87,056
104
6
19,753
10,090
5,662
200
9, J 90
0,840
](), 162 I
4,373
6,808
426 :
95 i
1.292 !
162, !35
LIABILITIES.
Capita 1 stock pa id in
Surplus fund
All other undivided profits, less expenses and. taxes paid.:
National-bank notcs outstanding
j
Amount due to naiional banks
Amount due to Stale banks, bunkers, and trust companies
Certified chevks out standing
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United Si aies deposits.
Bills payable (including all obligations representing
money borrowed oilier than rediscounts)
Notes and bills miscounted
Letters of credit and travelers' checks sold Lor cash and
out standing
Accepl ances execiit ed for customers, etc
Liabilities other than tho^e above stated
Total.
8,500
6,500 |
2,409
1.815
>
12,891
379
1,197
98,708
18,255
2,370
4.000
2,298 j
u\
10,055
2, 806
4 8 8 '••
104,839 j
I
or
XIIK C O M P I K O L L E I ; O F T H E
of report* since Scplemhyr
:} G9
c.'i:i;Rh.:<rcY.
J-~, 1022, arranged by Slaf.c* utui reserve ei<ie?—•
Continued.
M I C IT I ( i A N--(•<; n i inued.
(iUAND UAITDS.
[In liiousands of dollars.]
i)oc.2v).
l'.»2'_'.
Apr, 3.
1023.'
3 banks.
:i banks.
Juno
30,
'
Ji)23.
Sept.
II,
1H2--5.
ank-^.
!
3 bank-.
Loan- and discounts (including rcdi-eouiii-0
!
Overdrafts.
!
Customer's liability account of '•acoopksr.ce-s"
Vnited Slates Government socuril ies
Oilier bonds, slocks, securities, etc
Banking house, furniiiiro, and iiviuros.
Oilier reai estate ovnod
Lawful reserve with .Federal re.sevve bank .
i.'.r-ir.s v i l h Federal lesoive bank in <>roe .,-,••: o!'.;>oiu>cviion.
Ciish in vault a.id ni!>oii'U due from" nation;:] b::n!-rs
Aruoiiii!; due from Siale banks, bankers, ar.--' • ib-t cotn;
>
pari.ies.
E>changes for eleari.in< house
Checks on oiher bank> in. [\n\ sanu- pU-<?.»
Oiiisido chocks and oilier cash ib :;!.Redemption fund and duo 1'roiu riiilod vStales Tio^sr-rer.
< )lhor a"s>els
Tola!..
>3.. O'!3
33. Oil)
3:>,
!2S
i
Capitai stock n:iid in
Surplus fund/.
All oilier undivided pvofasWs expenses and t-.ixes paid.
National bank notes' onisiandiii^
Amount due to national lvmk>
.
Amount duo to State b'.'.nks, bankers, and ivwr-i coin- j
panics
:
C'ertilied checks outstanding
( ashioi's chocks outstanding
Demand deposits
Time depoMts (including postal savings dc/posils)
T'nifec) Stales depo>its
Bills payable (including all obLipn.nn> repvtvouli
money"borrowed other than rediscount^)
Notes and bills rodiscountod
Lei.tors of erodit and travelers" checks, sold !:>r ca.^h and
outstanding
j
Acceptances, executed for customers, etc
Liabilities other than those above stated
'
Total
I
o 100
1 300
Ml
J '.'77
Tvi2
2U»
26
4
11 750
•>
10 •V2I
182
UK)
2 . 1.IH)
J, 301)
890
2 OD
D
2. iO!)
1, ;-;, » i )
•S">7
J,
1, '..i'.>2
1, •'7S
•177
•l">i)
7">3
38
I
10 873
1.1 207
L38
2,2o3
13
4
11.7)7
l.vi
y
1O.*>
ij
14 lot
11, •1SS
"*"
707
25
3o8
33,033 '
37 L
33,040 \
3'V.)
32, r>I! j
3i;<
W..J2I
370
BKPORT OF THE COMPTROLLER OF THE CURRENCY."
Abstract of reports since September 15, 1922, arranged by States and reserve cities Continued.
MINNESOTA.
IIii thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
J u n e 30,
1923.
Sept. 14,
1923.
329 banks. 330 banks. 331 b a n k s . 331 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 hi 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 Slates Treasurer.
Other assets
i
1S8,OO7
310
3
27,826
30,593
8,398
3,849
11,709
471
20,666
184,828
347
25
28,326
31,120
8,465
4,250
10,760
589
24,315
2,882
318
430
l>93
592
939
2,920
449
189
041
592
984
2,560
457
010
720
000
1,054
2,489
450
335
512
604
1,378
290,19S
Total.
2(1,945
182,187
308
3
20,931
30,783
8,287
3,099
10,008
320
27,598
290,199
303,815 I
298,823
20, $36
10,074
5,812
11,604
122
5, 642
21,280
10,800
3,980
11,077
1
0,015
21,106
10,713
3,820
11,0-18
21,166
10,706
4,241
11,840
5,247
5,767
9,436
183
2,524
S5,003
130,241
1,20S
73
11,042
102
2,500
83,223
139,135
1,501
50
9,539
155
2,244
90,724
142,309
1,356
30
8,024
198
2,342
84,164
143,322
1,432
60
2,343
4,080
1,520
3,007
1,587
3,105
1,593
3,759
1 XL\ 123
317
3
21, til 3
2«; 2S2
8, 276
2, -131)
10,977
I.IAJMMTIF.S.
Capital stock paid in
Surplus fund
All other undivided profits, less expo uses 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 ahd bills rediscounted
Letters of credit and travelers' cheeks sold for cash and
outstanding
Acccptancese'xecuted for customers, etc
Aceoptancesexeeuted by other banks for account of this
bank
."
Liabilities other than those above stated
Total..
f>
10
3
349
3
208
290,198
290,199
3
199
303,845
17
176
298,823
371
HKPOltT O>- 1'HK OOMPIROLLEB Oh' THE CURRENCY.
Abstract of reports since September ./•'>", 1922, arranged by States and reserve cities—
Continued.
MINNESOTA—Continued.
MINNEAPOLIS.
|ln thousands of dollars.]
i Dec. 29,
1922.
10OO
A p r . 3,
1923.
7 banks.
!
7 banks.
; J u n e 30,
1923.
• Sept. 14,
.
1923.
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
j
Other real estate owned
j
Lawful reserve with Federal reserve bank
;
Items with Federal reserve bank in process of collect ion. J
Cash in vault and amount due from national b a n k s . . . . ;
Amount due from State banks, bankers, and trust J
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 Stales Treasurer.!
:
Other assets
120,586
235
2.391
13;ISO
9. SI 8
114,900
280
2,683
23,635
1J97O
2,150
090
10,038
5, 297
13,939
697
13,639
4,07S
9,655
2,038
722
10,149
4,444
•2,373
S.790
4,541
147
3,1.SO
137
1,239
9.854
4,253
114
2,711
138
2,122
9,537
3,895
138
3,788
202,7S9
Total
122,003
' 104
3,640
20,459
10,301
205.91s
201.31s
11,(507
7,870
4,361
2,070
19,281
12,101)
7,870
2,040
2,741
20,143
12,200
860
2,
739
732
13,' 889
12,200
7,800
3,144
3,207
16,227
28,660
406
5, Io6
79,820
35,253
2,850
60
32,386
327
3,376
75,128
37,771
3,858
60
22,403
500
118
80,815
3S 198
1,
637
60
26,226
496
4,088
70,651
42,180
f>53
60
124
1,825
365
2,091
5,670
5,097
5,109
4,987
1,971
7
3,109
0
2JS31
8.
2,250
420
447
531
755
352
711
615
655
202,789
205,918
JO,642
141
118,468
129
2,805
24,137
10,018
2,047
733
12,043
5,019
11,331
9. US
4,187
210
3,310
103
2,372
200,510
LIABILITIES.
Capital stock paid in
•
Surplus fund
All other undivided profits, less expense-; and taxes paid.
National bank notes out standing
•
Amount due to National Banks.
Amount due to State banks, bankers, and (nisi, com- :
pan ics
<'ertified checks outstanding
;
Cashier's checks outstanding
Demand deposits
;
Time deposits (including postal savings deposits)
:
Unit ed States deposits.'.
United States Government securities borrowed
j
Bills payable (including all obligations representing :
money borrowed other than rediscounts)
1. |
Notes and bills rediscounted
;
Letters of credits and travelers' checks sold for cash I
and outstanding
j
Acceptances executed for customers, el c
;
Acceptances executed by other banks for account of this
bank
I
Liabilities other than those above stated
I
Total.
201,318 j
200,516
372
REPORT 01- THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September to, 1922, arranged by Slates and, reserve citiesContinued.
MINNESOTA—Continued.
ST. PAUL.
[In thousands of dollars.]
Dec. 29,
1922.
A p r . 3,
1923.
June 30;
1023.
Sept. 14,
1923.
6 banks.
6 banks
0 bonks.
6 banks.
IU:SOUR(:KS.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of '• acceptances"
United States Government securities
Other bonds, stocks, securities, ei c
Banking house, furniture, find fixtures
Other real estate owned
Lawful r(»se»'vc with Federal reserve bonk
Items with Federal reserve bank in process of collection.
Cash in vault and amount duo from national banks
-A.moii.it due, from Stale banks, bankers, and trust companies
Exchanges for clearing house
Cheeks on 01 her banks in the same place
Outside checks ami oilier cash items
Redemption fund and due from U uited States Treasurer.
Other assets
Total.
UAnii.nu;s.
Capital stoelc paid in
!
Surplus fund.
i
All. other i«ndivided profits, less ex|>enses a n d taxes p a i d . \
National b a n k notes outstanding.'.
:
A m o u n t clue t o national banks
.Amount d u e t o State b a n k s , bunkers, a n d trust coin- !
pan if s
'
Certified checks outstanding
Cashier's checks outstanding
D e m a n d deposits
'
Time deposits (including postal savings deposits)
U n i t e d Elates deposits
\ nited States G o v e r n m e n t securities borrowed
Bills payable (including all obligations representing
money borrowed other t h a n rediscounts)
Notes a n d bills rediscountcd
Letters of credit a n d travelers' checks sold for cash a n d
outstanding
Acceptances executed for customers, etc
Liabilities other t h a n those above stated
Total.
:>1,347
4o
3S9
2.% ]20
(».«)•!">
•J.970
0. IS2G I
V.239
13,277 :
2, SSO
95
02
2J9
122.2S3 ;
7,07S
3,205
9,577
54,252
49
200
20,56(>
5,(198
1,930
1
5,8S4
2.746
10,000
00,473
45
178
19,302
4.7 IS
1,937
I
5, SSI
3,915
9, 514
3,P,22
2, Mil
' 100
1,470
92
229
4.05S
2,207
121
1,399
91
287
4,121
1,717
137
924
91
23»i
1!5,SS4
10S,898
113,103
«0,603
211
10, SSO
5,758
i; %2
0,000
3,018
4,302
1.237
li;t71
( , 900
>
3.918
4,135
l,S09
12,794
0,900
3,918
3, S95
1,771
9,537
6,900
3,918
4, 565
1,767
10,362
It), 4(H)
80
1,054
51.172
20'. 21)2
2,19o
15,678
130
966
49,803
15 ; 025
St>8
11,611
167
1,048
47,514
15,2$0
2,644
300
11,793
55
645
53,254
14,622
1,577
400
1,430
1,000
2,900
328
3,3S5
50
2,225
519
6
300
253
12
288
330
5
200
713
2
232
357
108,898
113,193
122,283
115,884 I
REPORT 05' TiiK ('OMPTLiOLLKR OF TMK (TRRi-yXCY.
373
Abstract of report* since Scpfamlvr In, 1022, urrauyvd by Siafv-- and reserve cilie;Continued,
MISSISSIPPI.
11;; thousands of dollars.1
Dcr. 2\),
1!22
A or.:.;,
ll2i
.nine 30,
banks.
Loans a n d discounts (ine.ludius: L-edise"L.rii.s •
Overdrafts
\
Uniied S t a l e s C o \ ernmeui; srvuri! ios
O t h e r b o n d s , s t o r k s , securities. o ! •
B a n k i n g house, furniiuro, find 1 i \ i urcO t h e r real osLate owned .'.
LawIu)reserve w i t h Federal reserve ••.•ink
i t e m s w i t h FcdefMl ro-ierv.: bank i-i pro? es^ i,i cwiii.'- ion.
('r.s!1 in vt'.iili; a n d amouri!; d u e from naiionaJ i>a• • - " s . . . .
A m o i r r i ( l u e i r o m S r a i c b a n k s , b'i^i;i.;-s, a n d '• n; -i t .ini-
:<5.01!
175
M7s
01) !
0.574 j
1 , •>.•)()
; 15,927
98
0.042
0:037
M75
l-;7
S70
2, S77
;}0, '2 i i
J12
C,:;-;:)
J ,'jvl
' l!fl
2 719
171
' .!iMi
4. 1.51
E x c i i i s n ^ s for cleavi::^ ho!.!.«r.
.
rii^'l.-s on other b a n k s in !h«v.;a?nc p'!;
«)uiside. t -iceks a n d oiiu-f cosii i'-.-iii^..
;;. 245
2!1
! i »7
2(,l-r
i !'•.-•
1-15
> ! ; i !•,-.> ' ' ' r - ' V t . s n
o t h e r as. : o!s..
Total...
( / n ; ) i i a l si.o<-k p a i d i n
S u r p l u s l i n id
-:t«i
A l h s l l i o v • . i i u i i v i d e d . (>roiifcs,lo.-s <xx{.M
N a i i o i i a l - l ) a i i k . uo!.(\s o u t s t a n d i n g
! ) i i ^ 1 0 .(•'(•! iei 1 ;!' i'!v:-i<M\ c i.)an !<:-•.
,
.\7MMHMi. ( h ; o l,> i i ; < ! j o ; m l bviiilv'S
A m o u n t d u e t o S u i t e b a n k s . l>;)iikcr>. iji:-.i s i • »r-i o o i u -
•1.0. ii>
2.S17 j
2 , j 1)0
2, (»25
i,o:<)
2, S55
2\
25 J
42
20!
210
.121
Cerl iiled checks ouisLiuidinii:-.
Cashier's checks o u t s t a n d i n g
D e m a n d deposiis
'1
T i m e deposits (incJudmt; posial savings depo
•. • n i fed S t a t e s deposi is
I'niiod Sl,-n.(\s Ciover;in:enl sc.-'.'.'-it ivs DOVI^W
Bonds a n d seeurilies, oi.her llian L u l l e d .^
d
Bills p a y a b l e ( i n c l i n i n g all obli.u'aiis-ns i-'
m o n e y borrowed, other tiian rodiscojnl..-;;
Xoies a n d bills rediscount ed.
Liabilities other ihmi those aiM>\-e ^i-i'• ed
Toial
V
720 j
170 I
• ! , ! ! : ;
2\.
2S'J
:il.5S)0
!2.0.-)()
502
29 i.
27.42:5
L'S, i > O l - !
20!
500
00, v > , •
01,91»7 {
00,011
374
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September lf>, 192%, arranged by States and reserve cities—
Continued.
MISSOURI.
[In thousands of dollars.)
Dec. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
109 banks. I l l banks. 108 banks.
Sept. 14,
1923.
109 b a n k s .
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 .Stales Treasurer.
Other assets
47,010
133
14,519
(>; 037
1,709
5L9
3,800
290
8,882
47,352
118
14,072
6^129
1,739
519
3.799
270
7,749
46,800
151
14,086
6,400
1,773
628
3,833
138
8,G40
1,591
127
211
203
287
54
1,807
2*9
172
129
287
39
1,391
203
103
139
283
44
1,888
138
107
106
281
316
83,084
Total.
45,452
109
13,451
5,315
1,079
487
3,700
380
9,978
86,342 I
84,036
85,285
7,103
3,846
1,537
5,718
7,038
3,794
1,588
5,002
LIABILITIES.
Capital st ock 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 Stato 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.
743
983
7,012
3,808
1,440
5,498
13
.1,089
6,013
53
208
39,862
15,433
888
372
5,861
52
221
41,314
10, oGL
032
410
5.111
17
295
39,0.11
17,018
532
447
5,554
05
292
40,039
18,008
94
440
549
058
],051
957
1,419
1,318
1,247
636
20
18
12
83,084
80,342
7,025
3,704
1,750
5,735
882
3
3
SK 636
85,285
EKPORT OF Till'" COMPTROLLER OF THE CURRENCY.
375
Abstract oj reports since September 15, 1922', arranged by States and reserve citiesContinued.
311S HOURI—Continued.
KANSAS CITY.
[In thousands of dollars.]
June 30,
1923.
Sept. 14,
1923.
11 banks. ! 11 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 State* Treasurer.
Other assets
90,012
43
91,217
64
26
88,506
60
12.368
4', 0*2
1,714
245
9,969
10,645
13,657
12,409
5,679
2,015
245
10.129
9.426
10,299
11,878
C, 268
2,016
294
9,222
10,988
12,483
9,163
3,194
131
305
104
190
7.203
3; 597
25
330
104
131
6.325
2,410
50
444
99
98
6,731
3,083
54
635
99
209
164,611
Total.
1)2,220
51.
80
9,838
6,404
1,092
237
11,250
12,449
17,303
155,325
150.935
152,526
LIABILITIES.
Capital stock paid in
Surplus funds.
All other undivided profits, less expenses and taxes paid.
Nationa 1 bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and trust companies
fortified checks outstanding
Cashiers' 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 rcdisc ounted
Letters of credit and travelers' checks sold for cash and
outstanding.
Acceptances executed for customers, etc.,
Liabilities other than those above stated.
7,900
4.308
3', 999
2,036
80,545
7,700
4,260
3,587
1,933
25,670
7,700
4,260
3,695
1,959
27,998
31,707
323
2,206
64,114
9,209
171
,-9
11
29,894
129
2,277
65,201
4,7S2
2, 0(30
25,452
322
3,059
62.131
5; 341
1, 559
94
27,404
161
2,413
63,980
5,192
34G
50
290
228
295
lfctf
1,327
578
1,471
7; S83
428
6,438
17
-25
15 '
SO !
134 I
224 I
17
26
3-10
257
164,611 j
Total.
7230(>°—24-
8,900
4; 473
4,029
2,067
35,056
155,325 !
150,935
152,526
376
EEPORT OF THE COMPTROLLER. OF THE CURRENCY.
Abstract of reports since September lo, 1922, arranged by States o.v.d. reserve citiesContinued.
MISSOURI—Continued.
ST. J O S E P H .
[In thousands of doll.ir.-..]
Dee. 2n,
JU22.
Apr.
1928
J u n e 30,
1923.
Sept. .14,
1923.
4 banks
4 banks.
4 banks
4 banks.
KKSOl'IJCT.S.
Loans and discounts (including rediscounts;.
Overdrafts.
Customer's liability account of "acceptance."?".
laiited States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other rea 1 estate owned
Lawful reserve with Federal reserve bank
It;ems with. Federal reserve bank in process of col lection..
Cash in vault and amount due from national banks
Amount due from State banks, bankers, and trust companies
Exchanges lor clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redemption fund and due from U nited States Treasurer,
Other assets
Total.,
39
50
586
2,5;
616
425
'
3
1, S40
476 •
=
5, 006 :
1, 406 :
578 •
46 i
30,325
IS, 036
44
71.
2,189
722
422
75
2,224
510
5,270
17,006
15
54
2,321.
681
422
75
1,580
' 36:5
3,350
1.5.348
' 14
24
2, 11!
718
419
75
1,741
552
4,045
i,3!S
498
25
40
42
10
809
466
27
50
42
1,129
468
27
39
42
13
y
31,526 |
27. M S
LIABILITIES.
Capitol stock paid in
Surplus fund
All other undivided profits, less expenses and taxes paid.
National bank notes outstanding
Amount duo to national banks.I
Amount due to Stato banks, bankers, and trust companies
Certified chocks out standing
("ashlers' chocks outstanding
Demand deposits ".
Time deposits (including postal savings deposit s •
|
United Slates deposits.."
I
Bills payable (including all obligations representing j
money borrowed other than rediscounts)
!
Letters of credit and travelers' chocks sold for cash and j
outstanding
:
Acceptances executed for customers, etc
•
Liabilities other than those above stated
:
Total
1, 100
930
458 .
815 ;
3,035 :
1,100
950
484
835
9,436
1.0
216
8.226
5,683
221
9, 598
3
131
4,170
8,J:L>
5,613
38
1,100
950
•15ii
821
2, 75S
1,100
950
482
83!
2,689
7, 562
8
121
7,102
7,099
3
164
7,793
5,809
32
5, yos
34
300
1 .
51 !
2
7L
89
90 i
31,526 I
30,325 I
2 j
61 I
93 |
6
24
8f>
27,336 I
27,068
HEPOET O'Jf THK COALl'IHOLLEU OF THE CL'ltKli^'CV.
377
Abstract of reports since September 15, 1922, arranged by States and reserve cities
Continued.
M I S S ( ) l.r RI—ConUntied.
ST. LOTTS.
i In thousands of dollars.!
! Dec. 29,
i22
Apr. 3,
J923.
j s kinks. !
i 1 tanks.
June 30.
1923.
Sept. 14,
1923.
9 banks.
9 banks.
i
RCS<M;TUK>.
!
Loans and. discounts (including rediscounts,!
;
Overdrafts
j
Customer's liability account of "acceptances"
j
United States (Government securities
!
Other bonds, stocks, securities, oic
Banking house, furniture, and fixtures.
Other real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve hank in process of colle.'iion.
Cash, in vault and amount due fiojn national b a n k s . . . .
Amount due from State banks, bankers, and trust companies '.
Exchanges for clearing house
Checks on other banks in the same place
Outside cheeks and other cash i I ems
Redemption fundand duo from United Stales Treasurer.
Other assets
Total
•
173, !3i» :
45 ;
502 j
31,051 i
24.4S1 ;
0,251 I
1,308 |
15,024 I
17,733 |
HU>05
9,0! s
9,994
172, 750
74
841
33.S02
25'. 101
' 29
317
35;650
20,051)
6, 201
1,349
15.725
13. :«M I
11,705 '
1.309
17,8i3
! 0.907
11,612
5,495
5,511
39
70S
4, 530
7s
457
491
ON)
310.727
\m. 070
I
299,275
5**7
714
2S0,500
170,741
17
1,39i>
35,353
25.724
6,485
1,319
15,123
12,'763
0,419
4,331
92
471
517
75S
200,917
Li.vnn.rn.i>:
Capital sio<-k paid in
!
Surplus fund
!
Ali other undivided profir.s, less expenses and. taxes paid.;
Nationa 1 hunk not es outstanding.".
1
Amount due to national banks
Amount; duo to State banks, bankers, and trust coin
panics
,
Certified checks outstanding
:
Cashiers' checks ouslnndiug
j
Demand deposits
j
Time deposits (including postal sa\ in,.rs deposits";
!
Unilod Stales deposits.
;
1'nit.ed States Government scc.inities borrowed
Biils payablo (iutduding all obligalions lepiv
money borrowed oilier than rediscounts)
Kol es and bi! Is rediscount ed
Letters of credit and travelers' checks sold ."or cash and
oiii standing
Acceptances executed for customers, <ite
Liabilit ies other than those above stated
Total.,
2(5,150
<), IN")
6, :m
9, 770
35,002
38,9-12
•10
2, G5G
39, 5:U>
4. 704
4.125
I',477
20, .1.50
9,190 I
6,434 I
9,75! j
30, S94 I
3S,5O;5 I
90 I
1.070 !
119! 943
40, 254
3, ."501
1,7-10
2,199 !
7, J55 !
14
859
1,053 !
3 i 0,727
299,275 |
20,050 i
9!295 !
0,497 !
2(^297 !
33,141
80
1,211
114,508
42,886
4,134
1,743
>, 050
K 277
r
A)\2
). 257
:
,093
!, 249
43
. 10 L
121;,903
43^, 106
002
,713
1,507
7,272 |
3X I
2,915
9, 709
317 !
1,041 i
1.390
i! 027
1N.S, 50(5
21
29->, 947
378
KEPORT OF THE COMI'TKOLLER OF THE CURRENCY.
Abstract of reports aince September lo, 1922, arranged by States and reserve cities.—
Continued.
MONT AX A.
[Tn thousands of dollar.^.]
Dec. 29,
1922.
A p r . 3,
1923.
June 30,
1923.
Sept. 14,
1923.
125 banks.
119 b a n k s .
119 banks.
115 banks.
55, 403
53,518
120
6,838
6,839
2,683
1,304
3,179
225
S,221
54,419
126
6,910
6,643
2,703
1,375
2,877
326
7,096
1,828
108
i:>o
290
169
423
1,745
150
125
308
169
415
1,747
133
89
270
16$
482
85,955 |
85,387 I
84,297
7,105
3,3US
1.171
3; 344
030
7,105
3,243
1,073
3,295
577
0,855
3,112
1,152
3,169
603
1,400
58
823
33,965
27,078
'277
13
1,313
77
090
32,694
27,991
117
13
1,597
51
742
32,374
27,932
151
10
2.528
4; 028
2,368
4,144
RESOURCES.
l,oans and discounts (including rediscount*)
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 TreasurerOther assets
ir>5
0,301
7,124
2,742
1,262
3.923
237
10,950
91,004
Total.
51,860
171
6,676
6>869 .
2,717 ;
1,482
3,190
263
8,171
l.IAIill.lTlKS.
Capital slock 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 outsi and ing
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.
II
2,283
3', 724
0
30
91,604
85,955
So,387
ft
3!
81,297
RKPORT OK THE COMPTROLLER OF THE CURRENCY.
379
Abstract of report* since Sepdwibtn' 1o} 1922, arranged by Slates and reserve citiesContinued.
M ONTANA—Con I inuod.
1IELKXA.
[In thousands of dollars.
KKSOVRCKS.
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 '.
"Exchangesfor clearing house
Checks on other banks in the same place
Outside checks and other cash Heirs
Redemption fund and due from Cni led States Treasurer.
Total.
Capital stock paid in
Surplus fund
All other undivided prod is, less expe uses 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 obli^atioi'.s representing
money borrowed oth^r than rediscounts)
Letters Of credit and travelers' chrcks sold for cash and
outstanding
Total.
380
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by State* and reserve cities—Continued.
NEBRASKA.
[hi thousands of dollars,]
June 30, j Sept. 14,
1923.
RESOURCES.
Loans and discounts (including rediscount*)
Overdrafts
Customer's liability account of" acceptances"
United States (lOvernmeut securities
Other bauds, 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 collect ion.
Cash in vault and amount due from national b a n k s . . . .
Amount due from State banks, bankers, and trust coinpanics
Exchanges for clearing house
Checks on other hanks in the same place
Outside checks and other cash it .»ms
Redemption fund and due from United States Treasurer.
Other assets
Total.
UAHII.ITJKS.
Capital stock paid in
Surplus fund.
All other undivided profits, less expenses and taxes paid.
National bank notes outstanding
Amount di ic 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 Stilt es 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 rediseounted
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances execuLed for cusiomers, elc
Liabilities other than those above stated
Total.
109. 454
JU;POKX OF THE CO.M^TllOJLLJiK Or TllJi CTlUUiXCY.
381
Abstract of npnns since Si pie mi,(r to, U)2^, arranged by States and rexerre cilien—
Continued.
N\E H i t A S K A—( on t inuo-1.
UNCO; A .
[In thousands of dollars.]
; Doc. 29,
;
1 banks.
i
Loans and discount s (including rodi v-otini <)
Overdrafts
United States Government sec urn ici
Other bonds,stocks, s*H-uriti^i,cic
Banking house, furniture, a n d fixuuvs
Oilier real estate owned
J -aw f;'lreserve wit h Federal reserve hank
.1 tems with Federal reserve ban k i n pi • K'es • of eoi ted ion..
>
Cash in v a u l t a n d a m o u n t C1MI» from .-iaiion:il banks
Amount d u e from iSlale banks, bankers, a n d trust
i
]
Exchanges for clearing house
Checks on other banks in the same place,
Outside checks and o' her cash items
Redemption fund and due from United S:ale* Tron>urer.
Oiher assets
,
Tola!.
('apital stock paid in
Surplus fund
i
All other undivided proles, le >s e xpetises a::id tuxes paid - J
National-bank notes outer anting
j
Amount due to national bank..
'
Amount due to State h a n k s bankers and trus!; com- .
panics
I
Cerl i ued c.l teeks
:'
Cashier's checks on l slauding
j
Demand deposits
;
Time deposits (including postal-savings deposits)
i
I'niled {States doposi!s
Bills payable (including ail obJi|Jf;Uioii-> representing
money borrowed oi tier t han rodis-.-oiinis)
Notes and bills rediscount vd
Letters of credit arid 1ruvel»»r.s* chocks soM for cash and
outstanding
Total.
Apr. 3,
'•• . banks.
>
'
!
12,122 I
is !
.$!
I3S |
1,390
506
1,714
Sep«. 14,
1923.
Juno 30,
1923
.1923.
....
• 5 banks.
.
i
23
1,024 |
5S0
121
1.52-1
'435
2,664 i
5 bauks.
I
14.S35
JO
! 675
,
2, 405
640
63
1,437
359
2. 009
14,453
1
4
1,730
2,387
702
!)!
I.37K
355
1,876
J,W9
125 s
29 |
N51
529
29
132
29
23,533 \
25,0 IS
21,493
1.075
1,725
852 |
52
321
40
109
28
1,128
407
.912 |
242
L8
149
29
24,493
382
REPORT O"F THE COMPTROLLER OF THE CURREXCY.
Abstract of reports since September 15, 1922, arranged by States and reserre cit
Continued.
N E B R A S K A - Continued.
OMAHA.
[In thousands of dollars.]
Dec. 29.
1922. '
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
10 banks.
10 banks.
10 banks.
10 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 collect ion.
Cash in vault and amount due from national banks
Amount due from State banks, bankers, and trust companies
Exchanges for clearing house
(-hecks on other banks in the same place
Outside checks and other cash items
Redemption fund and due from United States Treasurer.
Other assets
71,006
85
0,671
4,247
3,430
290
5.412
4)075
14,534 i
73,001
86
7,208 |
73,784
77
8,288
5,472
3,433
C10
5,900
4,596
11,100
7,291
2,890
515
645
87
71
5,997
2,308
678
1,022
87
49
7,084
1,675
336
568
S7
52
12-1, t>S8
Total.
11,099
5,076
3,429
377
7,829
4,301
11,874
72,825
88
10,357
5,793
3,432
507
6,279
3,329
•10,671
129,171
123,482
123.122
3.700
2)024
1,735
12,556
0,950
3,700
2,084
1,720
10,423
0,950
3,700
2,407
1,710
13,350
19,303
321
1,448
55)443
10,956
SSI
99
23,599
350
1,971
49,654
13,589
1,XU
114
20.319
'308
1,154
49,850
13,536
354
75
0,950
a, 700
2.526
1,733
13,250
18,540
403
1,301
51,346
13,810
242
97
3,170
3,653 ;
3,651
0,008
3,490
5)602
6
357 '
35
63
35
37
129,171 I
123,4S2
123,122
~L>50 !
707 ;
87
03
UAHIUTfKS.
Capital stock paid in
Surplus fund
All other undivided proiils, less expenses and taxes paid.
National bank notes outstanding
Amount due to national banks
Amount duo to Btato 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
Liabilities other than those above stated
Total.
2.534
5)900
I
1LM.0SS |
ItKPORT OF THE COMPTROLLER OF THE CURRENCY.
383
Abstract of reports since September 15, 1922, arranged by State* and rexcrre, cities—
Continued.
NEVADA.
[hi thousands of dollars.]
J u n e 30,
1923.
Sept.. 14,
1923.
11 b a n k s .
11 b a n k s .
RESOITRCKS.
Loans and discounts (including redisc ounlsN.
Overdraft s
I'nited States Government securities
Oilier bonds, stocks, securities, etc
Banking house, furniture, andfixtures
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 Slate banks, bankers, and trust companies
Exchange 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
9,021
' 16
2.417
J". 163
570
72
726
9
2,5-11
135
34
30
20
61
3
Total.
9,201
29
2,428
1.173
581
71
730
27
2,275
272
11
13
L4
61
!0,«24 |
16,SS6
1,460
' 603
1,460
645
243
1,1%
13
231
163
1,203
13
252
i. ns4
' 22
123
7.074
-Ui-12
902
5
U7
7,018
4,921
93
UATVIUTIF.S.
Capita! stock paid in
Surplus fund
All other undivided profits, less expenses and luxes
paid
National bank notes outstanding
Due to Federal reserve banks
Amount duo to national banks
Amount due to State banks, bankers, and trust coin- j
panics
Certified checks on i standing
Cashier's checks outst anding
!j
Demand deposits
Time deposits (including postal savings deposits)
;
Tinted Stales deposits
!
Tnited Slates Government securities borrowed
Bonds and securities, other than Vnited States, borrowed
Bills payable (including all obligations represent ingmoney borrowed other than rediscounts)
"Notes and bills rediscountod
Letters of credit and travelers' checks sold for cash and
outstanding
To i a!..
16,177
16,S24
384
REPORT OF THE COMPTROLLER OF TILE CURRENCY.
Abstract of reports since September lo, 1922, arranged by Stale* and reserve cities—
Continued.
HAMPSHT.UE.
[In thousands of dollars.]
Apr. 3,
1923.
Loans and discounts (including rediscounts)
0 verdra fis
Customer's liability account of "acceptances "
Vuilod Slates (3overnment securities
Other bonds, stocks, securities, etc
Banking house, furniture,, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
1 i ems with .Federal reserve bank in process of collection.
Cnsh in vault and amount; due from national banks....
Amount due from Stale banks, bankers, and trust compa nies
Exchanges for clearing house
!
Checks on other banks in the same place
!
Outside checks and other cash items
I
Redemption fund and due from L'nited States Treasurer, i
Other assets
[
32,932
50
7
12,50.")
10.061
1,524
169
3,278
683
5,719
113
112
114
384
250
40
Juno 30. j Sept. 14,
192:?. ' :
1.923.
32.338
43
4
14,505
10', 782
1,545
233
2,893
1.073
I) 616 j
34,5!!.
30
4
1.2,940
10. 903
1.728
24''
2,724
1.183
4 r 2OS
31, 80 i
80 I
93
105
137
121
45;,
217
250
74
127
218
242
254
40
!
!
I
i
Toial.
250 I
59 i
i
j
12. «8s
i t ; 15S
r
!, 73241
3, 03!
I, 2tK
5, 39."*
09,730
MAIUI.ITIES.
Capital stock paid in
Surplus fund
AJ1 other undivided pro/its, less expenses and taxes
paid
N> i ional bank notes outstanding
}
Due to Federal reserve banks
A mount; due to national banks
Amount due to Stale banks, bankers, and trust companies
(Vilified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
Vimod States deposits.
r 11ited Slates Government securii ies borrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Notes and bills rediscount ed
Letters of creditaud travelers' checks sold for cash and
out standing
Acceptances executed for customers, etc
Liabilif ies other than those above stated
Total.
5.305 i
4,290 |
5,305 I
2,759
5,001.
339
381
2,7.11
149
420
35,007
8,398
454
40
503
30,341
li,17S
1,344
137
2,319
253
4,003
403
07,973
5.305 !
4,416
5,305
4.41.0
2.571
5,003
370
292
2. 525
4.970
' 409
2,7!3
f>,07L
f>54
340
2,925
2,330
111
473
32.720
11,504
593
92
2,48-1
72
431
35,47s
12,110
179
40
3,236
ftsi
4
4
IS
1,928
311
09,730 j
71,013
4,370 ;
0iU)04
2
113
REPORT OF THE COMPTROLLER. OF THE CURRENCY.
885
rac! of report* ititice September ./-;, li)22, arr(in(je<\ by S/alefi a/nl reserre cities—
Continued.
NEW J E R S E Y ,
[fn thousands of dollars.]
Dec. 29,
1922.
.
Apr. 3,
1923.
.luric 30,
192.3.
l. it,
23
230 banks. ! 235 banks. ' 23S banks. I 23S banks.
Loans and discounts (including rediscounts)
Overdrafiu
Customer's liability account- of '•acceptiim es':
tmired »States Government securities.
Other bonds.stocks, securities, t)\.v
Banking house, furnii ure, and lixturos.
!
Other real est ate owned
Law fuJ reserve with Kcderalroser \ e ban k
11 ems with Federal reservebnnk in process of col lection.
Cash in. vault and amount due from national banks....
Amount duo from State banks, ban kers, and tnisi cornpanics
Exchanges for clearing house
j
Checks on other banks in thesn me plac e
Outside checks and other cash irerns
Redemption fund and due from United states Treasurer.
«)ther assets
2iM,.ss)-)
103
505
77, $50
170,553
in,93s
. 139
Total..
LIABILITIES.
Capital stock paid in
Surplus fund
A liotherundivided profits,lessc\pcnscs and taxespaid.
National bank notes outstanding
Due to Federal reserve banks.... 1
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 postai savings deposi ts)
Unilod Stales deposits..."
United Stales Government securities borrowed..
Bills payable (including all obligations representing
money borrowed other than rcdiscoi nts)
Not esaiid billsrediscounted
Letters of credit: and travelers' checks soj.i for cash and
outstanding
Acceptances executed for customers, eic
Acceptances executed by other banks for accoun t of i his
bank
*
Liabilii ies other than ihose above stated
Tola!..
! i, 990
1,049
1, 700
295,310
217.370
4, 190
9, $44
2, IGs
2,' 010
300,6<13
25(Vt 979
9.375
2,042
1.612
309'
->_N
200,75 \.
ill) !
'2(i(i '
L'SH)
3.ot5
12,021
3,35S
17,()52 I
3, v*0 i
17.21-*
10 ftfiL
2 f 4U
3,214
10
507
n!
493 I
1,573
1,01s ;
C>1.•>.">•_'<)
J1,SS2 .
2,22(> j
1,779 !
2S7 904 i
239; 372 i
5.
(w i\ 027
\0 \
1,121 !
0x',3^7
20
35
1.202
70:j. .n»:i
386
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities*—
Continued.
NEW MEXICO.
[In thousands of dollars.]
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
Exchange 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
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 rediscoiintod
Letters of credit and travelers' checks sold for cash and
outstanding
Liabilities other than those above stated
Total.
40,329
REPORT OF THE COMPTKOLLEB OF THE CURRENCY.
387
Abstract of reports since September 1-5, 1922, arranged hy Slates and reserve cities—
Continued.
NEW Y O R K .
[Tn thousands of dollars.]
Pec. 29,
1922.
Apr. 3,
1923.
June 30,
405 banks. •167 banks. 467 banks.
Sept. 14,
1923.
469 b a n k s .
HESOUHCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances "
1 nited States Government securities
3
Other bonds, stocks, securities, etc
j
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve bank in process of collection.
("ash in vault and amount due from national banks
Amount duo from State banks, bankers, and trust companies
Exchanges for clearing house
('hecks on other banks in the same place
Outside checks and other cash items
Redemption fund and due from United States Treasurer.
Other assets
•ION, 353
199
792
110,207
2-10,251
10,221
2,021
30,772
8,747
•10,923
42S,S71
227
725
114,505
240,931
16,623
2,074
38,273
7,231
32,760
5,052
513
1? ill
1,519
1, 080
1,576
5,068
1,032
2,022
1,083
1,693
1,315
5,61.7
803
1,783
1,285
1,721
1,745
84S,300 j
Total.
391,130
24")
559
1OS,377
235, 225
15,742
1,905
37,191
7,371
38,198
877,599
895,174
910,253
-17,130
31, 962
23,328
33,278
2,528
2,347
•18,097
36.125
22;277
33,400
2,225
3,034
49,058
37,070
20.219
33;619
2,470
2,085
•!9,569
37,436
23,459
34,119
2,065
2,761
6,751
1,250
1,474
328,230
313,898
3,034
6,172
1.488
1; 100
331, 091
308,527
2,6.16
25S
6,294
1,423
978
334,033
377,950
3,410
J89
6,782
1,435
837
319,728
387,214
991
219
136,630
234
604
113,636
217,686
17,017
2,13S
38,772
7,998
40,124
5,763
631
1,190
887
1,726
1,217
LIABILITIES.
Capital stock paid in
Surplus fund
All ot her undivided profits, less ex peuses and taxes j mid
N at ional 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
:
i'ashier's checks outstanding
'•
Demand deposits
'•
Time deposits (including postal savi igs deposits)
United States deposits
I;.u ited States Government securities borrowed
Bonds and securities, other than United States, bor- ;
rowed
i
Bills payable (including all obligations representing i
money borrowed other than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold for cash and j
outstanding
''
Acceptances executed for customers, ete.
=
"
Acceptancesexecuted by other banks for account of ihis !
bank
Liabilities other than those above stated
•
Total
'•
I so
50
50
50
13,101
5', 108
15,803
8.890
9,323
8,82S
421
597
4
590
63
487
193
1,015
216
765
°42
737
164
693
8 is, 300
877,599
50
13,112
4,211
895,174 I
91.6,253
388
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1022, arranged by States and reserve cities-
Continued.
NEW
YORK-Continued.
ALBANY.
[In thousands of dollars.]
Doc. 29.
1922.
Apr. 3.
1923.
June 30.
1923. '
Sept. 14,
1923.
3 banks,
3 banks.
3 banks.
3 banks.
RKSOl'RCKS.
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 or 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
40,712
5
20
8,091
12,1.31
1,410
2,302
505
168
93
279
1,941
450
230
92
202
8,019
411
634
93
299
2,020
362
15S
92
279
N2,2SG
Total..
8,807
12,920
1,413
130
7,264
4,254
5,221
43.679
11
20
8,8S7
12.453
1,410
371
5.066
6,945
4,530
90,2S0
93,428 |
81. 5*>3
2, 850
3,400
2,81.4
] , 783
2.233
7^374
•2,850
2, S50
3,400
2,847
1,808
I, 853
7,9i6
2,850
3,4.00
3,010
1,807
2,231
7,754
8,01S
167
16S
38,320
9, S04
936
7,458
114
lls
50,443
9,780
388
4.200
400
20
8
20
i99
1
245
2L5 :
210
90,2S0
93.428 i
81,503
38,390
8
20
9,817
12,779
1,413
120
6. 692
4,-131
5, 179
47,333
2
21
371.
5,34(i
4,67L
5,8*9
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).
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..
3,400
2,079
1,778
3,658
6,940
7,678 I
160:
45 -.
51.744 •
9,411 ,
521 I
7,997
217
91
38.01.6
9! 746
164
2,060 |
4,050
20
20
REPORT Or THE COMPTROLLER OE THE CURREKCY.
389
Aha tract of report* since September 1~), 1022, arranged by States and reserve cities—
Continued.
. N E W Y O K K — C o n i inued.
B K O O K L V N A X 1) B R ON X.
[Eni housa nds of dollars.]
Dee. 20.
j<!22. '
Apr. 3,
5 banks.
(i b a n k s .
1923.
June 30,
1923.
5 banks.
Ser>l. 14,
1923.
5 banks.
EESOl'IUES.
L''ans nnd discount? (in'-luding rediscount .-0
Overdrafts
.
Customer's liabilit y account of "acceptanees : \
United States <Tovernment sccuri: ics
Ot her bonds, stocks, securities, el c
Banking house, funii! use, and fix Hires
Ot her real estate owned.'.
,
Lawful reserve wii h I-'ederal reserve bank
|
Hems wi.Hi Federalrcscrvc banki n process ofeoihvi ion..;
('ash in vault and amount due from i union a I banks
Amount due from Stale banks, bankers, and 1 rust companies
Exchanges for cleanng house
!
Checks on other banks i n the same place
j
On! side checks a nd other cash i f ems
I
Redemption fund and due from I' nited Sta! cs Treasurer.;!
Oi her n^ets
Capital st ock paid in
i
Surplus fund
•
All ot Iior undivided profi l.s, less expenses a nd I axes | »a id. i
Na.1 ional-bank notes out sta riding
j
Amount due to national banks
,
j
Amount due to State banks, bankers, and trust: com- j
panics
!
Certified, checks out standing
|
Cashier's checks out>tanding
:
Dem-arid deposits
:
Thno dopo^ils (includingpostalsavings deposi?^)
]
'Cnited States deposits
Bills payable (including all obligations repieson!ing j
money borrowed o< her t h a n rediscounts)
|
Not es aiid bills rcdiscoiint ed
!
J-ctlers of credit a n d travelers* chocks sold for cash a n d |
on! st a nuing
|
Acceptances executed for cusiorners, el v.
!
Acceptances executed b y other banks for account of I. hi< j
bank
.*
;.
LiabHitles other t h a n those abo'.'e staled
j
Toi a 1
1
31,947
0
34
4,510
4,103
f>5S
24
3,3S5
1.302
1,729
31,154
332
.1,266
716
28
35
J07
5 IS
1,179
132
S3 4
20
125
320
1,017
S7
50, 100
Total.
32.522
3
70
4,430
4.4So
520
24
4,442
1.24S
1.S92
52,120
50.-122
49.S97
2, 100
2, I ."i.r>
2.307
2.25:?
1
', M>4
692
220
2, 100
1,726
397
73
2,100
2.025
l.NftS
'398
102
5,5S3
499
434
34,614
2,466
1,07,5
417
511.
34.299
2,290
928
4,2S0
402
490
34,911
2,396
400
S20
31
200
32
7
2\
26
23
10
177
1
16S
50,422
10, S97
25
4. 104
40
3,443
1,125
2,070
442
J, 009
}s5
197
35
16') '
700
(>•">
5, 309
391
661. I
33,S93
.1.721
1,032
23
25
142 :
50,160
24
203
52,126 !
2
{)•>.")
f
>
24
4,515
4,049
' 503
24
3,797
1,030
1,905
20
129
390
REPORT OF THIi COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve citiesContinued.
NEW YORK—Continued.
BUFFALO.
[ In thousands of dollars.]
P e c . 29,
1922.
I 4 banks.
•• A p r . 3,
i
1923.
June 30,
1923.
Sept. 14,
1923.
:
0 banks.
0 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
37.674
6
159
9.712
8,031
1,224
26
3,309
1.779
2, 884
38,891
6
42
9,790
9,380
1,345
141
3,009
2.108
3,284
11.85S
0
107
9.299
9,705
1,372
101
4,230
1,952
3,000
41,39.1
5
157
9,010
10 400
M08
321
4,043
2,318
2, 785
988
059
II
214
155
300
498
800
23
275
155
377
1.327
727
24
3, LOO
170
457
1,483
789
2
185
175
382
77,771
75,402
07. 191
Total.
71, 142 I
3,000
1,980
1,003
3,100
2,030
4.008
2,109
1,150
3.0S5
2,383
2,076
025
89
33,130
15.173
894
109
1.837
215
78
30,924
21,915
1.042
110
1.937
100
191
39.000
21; 485
773
90
1,992
136
147
35,208
22,700
349
97
2.998
205
1.312
790
S33
1,255
428
3
158
143
10
80
14
12
77.771
75.402
LIAIilLITIKS.
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 ba uk
Liabilities other than those above stated
Total
1
100
07.191
71,142
4.005
2,152
1,227
?,. 322
J,6S2
4,150
2,154
1,303
3,405
l',783
KJiPORX Oi' THE COJMPTKOLUiR OF THE CURRENCY.
391
Abstract uj reports since September 13, 1922, arranged by States and reserve citiesContinued.
NEW YORK—Continued
NEW YORK.
[In thousands of dollars.]
Dec. 29,
!
1922.
Apr. 3,
; Juno 30,
Sept. 14,
1923.
1923.
JU23.
29 ba n k*.
31 1 »au ks.
32 b a n k s .
1,S27.O33
490
92. 373
538i 832
235,020
35.183
003
254,793
00,007
35,483
1.821,608
430
75,061
480,276
232,867
35,025
609
270,378
70,720
30,89G
11,019
318,098
18,912
8, 703
1,922
87,003
8. 728
297,000
8.087
303'. 528
18,109
9.722
1.944
82,896
•1,322,045 ' 3,05"), 030
3.510,031
3,418, 702
102.808
223; 794
90.781
38)121
21) b a n k s .
Loans and discounts (including rediscounts)
Overdrafts
Customer's liabilily account of ''acceptances"
United Siates Government securities..
Other bonds, stocks, securilies, etc
Banking house, furniture, and fixtures
Oilier real estate owned
Lawful reserve with Federal reserve bank
items with Federal reserve bank in process of collection.
("ash 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 oi her cash it ems
Redemption fund and due from United Slates Treasurer.
Other assets
Total.
1
2.091, X 44
1,890,391
655
509
100,110
88,903
607, S70
506, 182
202,729
230, 548
30,220
35) 903
7of>
810
332,183
291,083
77,255
02,505
50,80S |
42,359
20,375
504,487
33,130
10,417
1,913
.131.882
27JJ2
9.831
.!'. 953
LIABILITIES.
;
Capii al si ock paid in
Surplus fund
i
All other undivided profits, lessexpenses and taxes paid. I
National bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and trust companies
I
( ertified checks out st anding
j
Cashier's checks outstanding
Demand deposit s
!
Time deposits (including posial savings deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Notes and bills rediscountod
Letters of credit and travelers' check;; sold for cash and
outstanding
Acceptances executed for customers, etc
Acceptances executed by other banks for account of
this bank
Liabilities other than ihose above stated
72;!!)(J°- 24
2G
103.200
230, 099
91,059
37,7(42
280
291,270
103,075
224. 220
91,984
37, 800
14
220,109
532, 859
180,992
150.917
1.980, 139
' 250, 123
129,992
2,478
410, 750
114,082
03,549
1,005, 901
250, 784
77', 708
2,478
194, ;M
24.480
100,395
.1.047,940
' 245.754
31;378
2, 478
117,801
50, 709
73,S25
30)544
09.117
58,261
97, 090
2,372
85,432
3.120
S4,501
2, 725
09,510
13,058
35;709
13,450
10,872
15. 540
12^230
10,126
14,767
4,322.045 i 3, 055, 030
Toial.
171, S30
239,355
90, 502
35, 007
214
287,992
3,510,031
3,448, 702
i
70,732 i
29,349
229,878
433.036
. (K), 778
1
72,693
1,587,230
204,3S4
11,675
2,47S
392
REPORT OF THE COMPTROLLER OF THE
Abstract of reports since September In, 1922, arranged by States and reserve cities—•
Continued,
NO11TH
CAROLINA.
[Tn thousands of dollars.]
Deo. 29,
1922. '
J u n e 30.
1923. '
Sept. 14,
1923.
83 h a n k s .
S3 banks.
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 1'ederal reserve bank
Items with Federal reserve bankin process of collect ion.
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 chocks and other cash items
Redemption fund and due from United States Treasurer.
Other assets
114,423
192
990
16,02S
4. 5*9
6. 707
' 465
0,039
2.505
13,105
4,722
' 2-5
590
i, 007
429
820
4,9*0
540
917
751
420
10(3
4.057
'42S
099
1,007
436
203
179.^97
Total.
U.317
10,540
115,300
113
1,0(13
17.432
4.509
0.6*5
200
6. 334
2.257
15,15-1
170.X99
117,476
194
a. 99">
0.009
201
(».>•;« ) 9
116,790
22S
100
16,51)9
f>, 209
6,914
435
6,631
3,227
12,09'i
4, S09
' 340
570
513
42:',
121
175,122
LIABILITIES.
Capital stock paid in
Surplus fund
Allother undivided profits, less expenses and taxes paid.
National bank notes outstanding.
J )ue to Federal reserve ban ks
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 rcdiscounted
Acceptances executed for customers, eic
Liabilities other than those above staled
Total.
1.3.520
S. 393
4.531
8,011
3,079
3;597
13,355
8.350
3' 701
S, 059
2.1.54
3,029
13.305
S.320
3, <>.-,*
S.49S
2 392
2,903
13.505
8,370
4,072
8,712
2, 595
2,749
10,723
113
902
(W,305
46,201
709
232
9.071
132
1. O7.N
60.S23
4s,722
1,057
221
7,006
209
907
02,370
47,047
705
200
7 n~(>
'235
S31
61.052
47,095
fi70
204
5$
373
3.274
5.952
1,223
414
2.090
5.420
1,003
332
179,S97 |
170,899
58
4,542
<J,057
' 990
ISO
173,133
79
6.096
10, 039
100
240
175,122
393
BEPORT OF THi; OOMPTKOLUiK OF THK CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
XO.RTH D A K O T A .
fin thousands of dollars.]
Doc. 20.
1022.
Apr. 3.
J923.'
J u n o 30,
.1923.
.184 banks, j 183 banks. 184 b a n k s .
S e p t . 14,
1923.
182 b l i n k s .
RKKOUKCKS.
Loans and discounts (including rediscounts)
Overdrafts
United. States Go\ ernmenl securities
Other bonds, stocks, securities, etc
Banking house, furniture, and'fixtures
Other real estate owned..'
Lawful reserve with 1'edcrs! 1 reserve bank
Items with Federal reserve bank in process of collection..
("ash in *-a;ilt and amount due from national banks....
Amount due. from State banks, bankers, and trust companies
Exchanges for clearing house
(/hecks, on other banks in the samo place
Outside checks and other cash items
Ivedempi ion fund and due from I'nitod. States Treasurer.
Other assets
65,330
122
7, 133
5'. 9f>8
3,000
1,908
3,723
181
10,849
65,201
88
8,538
5,646
3,019
2,303
3, 874
Ml
65,880
106
8,479
4.981
3', 039
2,466
3,495
.133
6,518
65,319
1,010
219
87
308
956
208
81
267
210
296
988
256
82
256
2:2
303
1.196
'223
71
207
241
512
102,S!5
'7.224
98, ;;so
7.220
3,512
852
4,780
3,401
885
4.767
7.245
3, 153
750
4.795
327
100.423 :
Toial.
164
8,047
1.983
2 980
2,0)24
3, 504
178
8, 131.
LIABILITIES.
Capiii.l slock paid in
Surplus fund
All other undivided profits, less expenses and taxes paidNationa 1 ban k notes outstanding
Due t o Federal reserve bank--;
Amount due 10 naiions.il banks
Amount; due t o State banks, banker-., and trust companies
Certified checks or.I standing
Cashier's checks outstanding.
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
."
U nircd States G merriment securities borrowedBills payable (including all obligations representing
money borrowed other than rediscounts).
Notes arid bills rediscountod
Liabilities other than those above stated
Total
7,26!i
3,494
1,587
4.593
' 2
1,783
2,022
1,266
3,448
52
653
31.621
39,765
178
72
3,797
62
602
32,650
42.195
'263
71
2,746
' 93
554
27,181
43,809
169
70
2,578
102
656
28,237
43,299
140
67
3,7-17
2, 1.16
46
2.780
1,697
42
2,383
2, 480 |
35
2.767
2,798
S
100,423 \
J02,8-;5 •
97,224
1,435
98,380
394
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
OHIO.
[In thousands of dollars.]
Dee. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
S e p t . 14,
1923.
351 banks. 347 banks. 348 banks. 347 b a n k s .
I
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.
2S2,758
32,3
81
02,574
85,700
15, .567
2,083
23,252
1,809
30,275
2s6,163
302
81
63,731
86,772
15,397
2,739
21,967
1,897
35,262
2*2,061
364
67
62,734
85,179
15,974
2.428
21,862
2,091
32,196
284,662
364
39
63,333
86,368
16,559
2,680
22,641
1,549
37,508
S,316
1,698
1,048
977
1,525
330
9,165
4.058
1.056
'909
1,474
8,384
2,305
1,377
784
1,476
878
8,608
1,583
867
628
1.474
'841
520,100
529,704
37,795
26,801
13,322
37,810
26.782
14,095
29,292
522
1,214
524,318
701
531,074 |
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 (iucluding 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 ahd 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.
38, 500
27,534
16,573
29,697
1,128
i; 3i6
5. 724
' 092
1,580
229,106
153,936
1,823
2,945
65
7.958
C), 262
38,834
27,922
14,237
29/214
883
1,433
0,035
'722
1,330
230,352
] 5 \ 536
1,426
2", 705
172
0, 172
4,482
28.898
-r.3
1,461
0,052
604
1,257
232,395
155,556
1,689
2,672
6,121
509
1,082
238,382
159,212
571.
2,671
115
71
6,617
4,131
5,958
4,696
81
368
81
233
1
67
224
.5
39
672
524,318
531,074
520,160
529,704
395
EEPOKT OF THE COMPTEOIXER OF THE
Abstract of reports since September Id, 1922', arranged by States and reserve cities—
Continued.
OHIO-—Continued.
CINCINNATI.
[In thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
7 banks.
7 banks.
7 banks.
7 banks.
KLSOUKCLS.
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
Lawfnlreserve 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.
SO,901
i;i
S:>. 205
4
24
25,820
14,949
3,325
106
8,582
11,4.87
9,164
S.S71K
6
88,550
6
23,035
15,283
3,386
99
8,370
10.373
8; 339
22,196
14,372
3,412
98
7,802
13,060
10,227
1.596
2,708
240
225
399
10
1,340
2,525
404
284
398
29
1,358
2,251
438
260
398
24
163,844
162,589
164,452
13,100
7,400
6,444
7,894
16,277
.13,400
7,400
6, 888
7,940
14,571
13,400
7,400
6,714
7,644
13,119
13,400
7,400
7,130
7,968
14,217
19,572
1,562
1,396
64,753
12,859
2,902
3,601
21,753
576
18,091
363
1,385
64,671
17,338
292
1,208
67,58.5
16,2-43
506
3,310
32
23.992
10,546
3,305
108
7,760
13,020
12,822
1,292
2. 704
503
39S !
13S !
103.SS2 !
l.iAHii.rnr.s.
Capital stock paid in
Surplus fund
Allotherundivided 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;
V nited States deposits
Uniied States Government securities borrowed
Bonds and securities, oilier than United States, borrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Notes and bills rediscouuted
Acceptances executed for customers, etc
Liabilities other than those above stated
Total.,
1,077
64;303
to.032
4,4-17
3,520
16,003
1,252
3,363
214
214
214
214
3.660
1,743
32
173
1.500
1,185
24
14
4,995
3,923
2,825
4,800
52
16
163,882
J63,844
162,589
164,452
396
BEPOBT OF THE COAIPTBOLLEB Or THE Cl'BBJiJN'CT.
Abstract of reports since September 15, 192:2, arranged by Stales and reserve citiesContinued.
OHIO—Continued.
CLEVELAND.
[In thousands of dollars.]
Sept It,
RESOURCES.
Loans and discount?; (including rediscounts)..
Overdrafts
Customer's liability account of "acceptances".
United States Government securities
Other bonds, stocksi securities, etc
Banking house, futniture, and fixtures
Other real estate owned
Lawful, reserve with liVderal 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 oilier banks in the same place
Outside cheeks and other cash it ems
Redemption fund and due from Vuiled Stales Treasurer.
Other asset,s
Total.
UARTI.ITir.S,
Capital stock paid in
Surplus fund
All other undivided profits, less expenses and taxes paid.
National bank notes outstanding.'
Amount duo to national banks
Amount duo to State banks, bankers, and trust companies
Cert if'ied 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 Slates, borrowed
Bills payable (including all obligations represent ing
money borrowed other than rediscounts)
Notes and bills rcdiscounted
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed for customers, etc
Liabilities other than those above stated
Total.
£6,717
S
1,165
12,577
12,12S
740
23
4,776
3,631
2, 575
liEPOKT 01' THE COiil'TROLLER OF XHK (JUKKEKOY.
897
Abstract of reports mince September to, 1922, arranged by States and reserve cities-
Coutinued.
OHIO—Continued.
COLUMBUS.
[In thousands of dollars.]
Doc. 29,
1922.
J u n e 30,
1923.
Sepf • 14,
1923.
7 banks.
7 banks.
7 banks.
r batiks.
45,891
11
84
5,783
733
5,140
15,897
8,729
1,958
74
5, t>70
94 K
5,092
48,530
8
500
10,480
8,829
2,0.11
324
5,003
019
5,489
50,115
7
500
8,828
8, 730
2,049
300
4,772
894
7,049
907
.120
ISO
102
1, S9C)
1,133
ill
128
198
1,715
1,258
107
357
170
2,190
1.193
00
280
170
SO,133
Loons and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
-..
L" nited States Government securities
,
Other bonds, stocks, securities,pic
Banking hoiise, furniture, and iixui'os
„
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
1
Amount due from State banks, bankers, and trust com- f
panics
!
Exchanges for clearing house..»
|
Cheeks on oilier banks in t he same j >iace
i
Outside checks and oiher cash ii ems
;
Redemption fund and due from I n i l e d Stales Treasurer.l
Other asseis
-
Apr. 3,
1923.
87,143
4, 400
4, 700
1,042
3,800
18
3,381
4,700
5,075
1,242
3,321
252
3,359
4,700
5,075
ll 309
3,307
107
3,657
0,814
250
233
49,959
8,138
2, h^
408
G, 007
180
001
46,734
0,934
2,141
6,951
111
141
4G,109
8,370
1,207
131
375
1,594
559
3.030
805
4, 470
43,007
9
10
9' 577
Total..
T
LIABILITIES,
Capital stock paid in
Surplus fund
All other undivided profits, less expc uses and taxes paid.
National bank notes outstanding.
Due to Federal reserve banks
Amount duo to national banks
Amount; duo to State banks, bankers, and trust companies
,
Cert ified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposit s)
United States deposits
United States Government securities borrowed
Bonds and securities, oilier than I;nited Stairs, borrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Not es and bills rediscounted 7
Letters of credit and travelers checks sold for cash and
outsi muling
Accel)lances executed for customers, e!(
Total..
4,400
4,1.00
1'. 052
3', 208
' 498
3,390
497
45,754
7,1', 1
3,842
323
5
850
2S
15
25
85, 438
88,343
500
80,133
87,113
398
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities-—
Continued.
OHIO—Continued.
TOLEDO.
[In thousands of dollars.]
Doo. 29,
1922.
Apr. 3,
1923.
.Tune 30,
1923.
Sept. 14,
1923.
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
j
Amount due from Stale banks, bankers, and trust com- |
panics
\
Exchanges for clearing house
:
Checks on other banks in the same place
\
Outside checks and other cash items
J
Redemption fund and due from U nited States Treasurer.!
Other assets
!
22,408
100
G, 135
f>, 101
1,701
8
2,128
1,055
3,456
22,091
1
23,s
25,413
200
7,332
4,668
1,740
7,073
4,334
1,740
8
2,166
1,187
2,845
1,320
016
43
107
125
46
1,190
839
7
113
125
49
1,407
788
21
ISO
125
70
44,409
Total.
7.0S7
4,863
1,740
8
2,500
841
3,024
45,078
45,843 i
2,500
3,500
2,079
2,472
665
607
2,500
3,51)0
2,193
2,474
579
491
2,500
3,500
2,182
2,418
705
648
2,500
3,500
2,285.
2,482
806
063
3.S54
164
663
16,790
7,685
417
922
4,312
305
131
18,285
7,628
551
871
3,756
247
218
IS, 599
7,623
243
871
3,820
185
114
22,94-S
7,745
131
570
1,043
S72
100
76
765
490
1,450
878
1,300
225
200
44,409
45,078
45, 843
49,4S1
2,759
1,440
3,563
1,413
595
2
106
125
117
49,481
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 duo 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.
3
KEPOKT OF TI-II: ("0MPTHOLLER OF THE CUBBEXCY.
399
Abstract of reports since September .7/7, 1922', arranged by States and reserve cities-^
Continued.
OKLAHOMA.
[in thousands of dollars.]
Dec. 29, j Apr. 3,
1922.
i 1923.
June 30,
1923.
Sept. 14,
1923.
426 banks. 435 banks. 439 banks. 435 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 item's
ftcdempi ion fund and due from United States Treasurer
01 her assets
Tot al
124,082
'473 !
128,661
404
19,010
16.J89
0,705
3,021
523
907
510
436
341
.1,962
11,236
211
37,064
130,955
543
20,764
17,807
6,958
2,120
11,449
165
38,895
134.985
'386
5
21,177
15,689
7,047
2,237
11.340
'231
33, 869
2,167
489
851
388
433
288
2.118
'308
575
503
427
369
232,901
231,582
221,099
!
222.474
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 Stato banks, bankers, and trust companies
Certificd checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
|
Unit ed States deposits
j
United States Government securities; borrowed
j
Bonds and securities, other than United States, borrowed
Bills payable (including all obligations representing
m oney borrowed other than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold for cash and
outstanding
'
Acceptances executed for cust omcrs, etc
Liabilities other than those above stated
i
19.495
0', 034
2^ 776
8,670
20
5,908
19,630
5,498
2.031.
8' 609
31
4,720
3,659
156
5,081
129,327
34,412
8*9
013
3,805
162
3,226
130,596
39,316
1,011.
578
21,096
14,031
6,933
2.364
10;684
354
29,839
LIAUILITIKS.
Total
!
187
188 I
1,177
•1.312
1,236 !
5,526 !
8
120
132
222, 474
232,901
19,735
5.495
1 \ 682
8,441
Q
y
4,427
3,084
19,560
5,414
1,831
8,464
12
4,330
3,182
146
85
3,104
132,849
40,861
1,311
65 J
2,302
124,019
39,896
1,197
299
1.733
1,599
13
13 !
130 |
231,582 ;
627
217
2,241
7,622
20
80
221,099
400
REPORT OF THE COMPTROLLER Or THE CURRENCY.
Abstract of reports since September 1-5, 1922, arranged by States and reserve ciliesCo nt Limed.
O K L A H O M A—( ont in nod.
MUSKOGEE.
[Tn thousands of dollars.J
Dec. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
5 banks.
5 banks.
5 banks.
5 banks.
El'.SOURCKS.
Total.
10,626
12
2,993
655
046
124
1,049
2o7
I,4s2
10,386
13
375 I
181 !
326
108
58 ;
2i
156
5S
1
188
245
33
99
18,995 i
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds,stocks, securities etc
Banking house, furniture, and fixtures
Other real estate owned
Lav.'fu]reserve with Fcderalreservebank
Items with Federalreserve bankin process of collection.
Cash in van It and amount due from nat iona 1 banks
Amount (Lncfrom State banks, bankers, and trust companies
Exchanges for clearing house
Checks on other banks in the saine place
Outside checks and other cash i terns
Redemption fund and due from United Slates Treasurer.
Other assets
18.563
10,709
9
3,087
578
646
102
912
333
1,753
2,057
529
660
166
942
399
1,325
17,703 !
10,608
17
2,627
443
65
*0
179
875
273
1,058
271
Sii
3
246
5S
1
17,405
LTAMILITIKS.
Capital stock paid in
Surplus fund.'.
All other undivided profits, less expenses ami taxes
paid
National- bank notes outstanding
Amount duo to national banks."
Amount due to State banks, bankers, aud trust companies
Certified, checks outstanding
Casliicr '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 re-discounted
!
Letters of credit and travelers' checks sold for cash I
and outstanding
!
Liabilities other than those above stated
Total.
1,400
1,400
396
390
156
1S4
1,122
1,403
1,147
1,075
332
13
306
313
18
290
6.942
5,066
6,523
4,937
235
100
226
18,563 i
300
504
1
2
18,995
222
3
27
17,703 I
17,405
J1F.P0RT OF THE OOAIFTKOIXEB OF THE CUBBEXCY.
401
Abstract of reports since September In, 1922, arranged by States and reserve cities—Continued.
OKI..AITO M A—Continue*!.
OKLAHOMA CITY.
[In thousands of dollars.|
?epr. 11.
11)23.
Loans and discounts (including rediscounts)
Overdrafts
.
*
Customer's liability account of '• acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, i'uniii sire, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve bank In process ol eo)lection A
Cash in vault and amount due from national banks. . . . |
Amount due Irom State banks, bankeis, and. trust com- !
panics
• -! - <
Exchanges for clearing house
Checks on other banks in the same i>U ce
;
Outside checks and other cash items
i
Redemption, fund and due from, failed Si-.iiirs Treasurer.!
Other assets
I
Total.
LUBrLTTlK".
Capital stock paid in
Surplus fi md
All other undivided profits, loss ex penses and i.a xes \K\ id
National-bank notes outstanding
Amount due to national bank.Amount due to State banks, bankers, and trust companies
Certified checks outstandinp
Cashier's checks oulstanding
Demand deposits
Time deposits (including postal-savings deposits)
United Kta f.es deposits
X:iiited States Governinont securities :)orro\\e<l.
Bonds and securities, other than L'niied 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 easn ana
outstanding
Accei)tances executed for customers, etc
Liabilities other than those above stated.
Tot»l
60,2,-yj
402
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities-—
Continued.
O K L A H O M A - Continued.
TULSA.
[In thousands of dollars.1
Doe. 29,
1922.
Apr. 3,
1923.
June 30,
192;}.
Sept. 11,
1923.
7 banks.
7 banks.
7 banks.
7 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
Tutted States Government securities
Other bonds, stocks, securities, etc
'haliking house, furniture, and iixtures
Other real estate owned
Lawful reserve with Federal reserve bank
1 reins with Federalreserve banki n 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 in the same place
,
Outside checks and other cash items
Redemption fund and due from United States Treasurer.
Other assets
!
46,306
36
22
5,509
3.927
2,227
93
5,491
523
8,493
46,619
36
22
4,512
3,119
2,709
122
5,349
627
8,668
41,075
19
4,369
005
30
234
48
144
3,150
895
91
156
48
3,517
803
94
209
48
2.912
402
31
157
48
74,900
Total.
-14,118
30
76,967
76,454 I
71.686
4.400
1, 530
369
959
7,436
4,400
1,375
296
951
7,916
4.400
1,375
273
940
7,668
4.900
1,375
267
9M
5,134
3,751
104
6.877
38,398
9.760
1J210
2,842
111
1,038
45,684
11,454
870
3,190
173
974
4,3,193
11,532
1,406
2,755
75
1,218
38,346
12,328
1,30$
1.301
1.189
1,770
T). 886
3,257
1,946
97
4,840
836
8,460
4.471
2.732
2,970
140
4,873
647
8,209
U ANILITIES.
Capital stock paid in
Surplus fund.
All other undivided profits, lessexpenses and ta xes 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)
\Tnited States deposits
J5ills 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..
6
22
1
100
74.900
76,967
1
76,454
71,686
REPORT OF THIS COMPTROLLER OF THE CURRENCY.
403
Abstract of reports since September IX, 19:2:2, arranged by States and reserve cities—
Continued.
OK E C O X .
[In thousands of dollars.]
Doe. 29,
1922.
Apr. 3.
1923.
June 30,
1923.
Sept. 14.
1923.
95 banks.
95 banks.
91 banks.
95 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 fixtuies
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 duo from State banks, bankers, and trust
companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash it ems
Redemption fund and due from United States Treasurer.
Other assets
10.091
9! 142
2.954
' 900
4,094
' 39
8,854
782
•II
158
195 !
43,074
85
11,252
9,603
2,897 I
947
3,947
12
9,379 j
M,S23
71
2
11,518
9,330
2,928
1.012
4; 095
28
S, 495
•1.5,232
112
40
11,588
9,892
2,999
1,070
4,268
3S
10,328
G61 j
751
SI
82 i
965
67
158
252
208
82
si, 323 !
Total
207 J
94 !
SI I
223
191
206
SO
S2.638 i
S3.M9 !
N7.297
6,195
3'390
1.327
4,098
5
358
6,470
3,311
928
4,082
0.445
3,201
'927
4,053
6.470
3,201
1.099
4; 055
309
290
1,077
34
556
44,217
17,636
105
7
S10
69
447
•H,626
IS,902
sso
85
418
44,SI2
19,414
121
207 j
JS4 !
206 !
I.IAK1MT1F.S.
Capital stock paid in
Surplus fund
All other undivided profit s,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
Cert ificd checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
'United Slat os do. posits
United States Government securities borrowed
Homls 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 castomers. etc
liabilities other than those above stated
Total..
307
1,027
62
485
•17,847
20,216
4-1
4
10
10
10
10
1,141
845
1,191
1,399
1,097
1,927
1,091
1,207
20
2
33
2
40
34
>2,63S
S3,sio
87,297
18
si,323 I
404
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
OREGON—Continued.
PORTLAND.
[lu thousands of dollars.]
Dec. 2(..»,
1.922.
3 banks.
;
:
A p r . 3,
1923.
J u n e 30,
1923.
• S e p t . 11
i
1923.
I 3 banks.
KKSOURCKS.
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
T terns with Federal reserve bank in process of collect ion.
Cash in vault and ainount due from national banks
Amount duo from Stale banks, bunkers, and trust companies....
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redemption fundand due from United States Treasurer
Other assets
40,993
532
13,7r>2
S,020
; 932
5,080
1,488
7' 960
52,137
til
234
14,126
0,162
1,9 LI
164
5,233
1,590
7,159
50,90S
66
2(10
14,71.6
9, IS I
i,95S
157
5,491
1,852
G, 136
52
2
14,569
8, 8-12
2,009
157
5,266
2,754
6,7*7
3,94-".
1,801
109
342
83
170
Total..
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses and taxes paid.
National-bank notes outstanding
Amount duo to national banks
Amount due to State banks, bankers, and trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including pasta 1 savings deposits)
United States deposits
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Notes and bills rediscounied
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed for customers, etc
Acceptances executed by other banks for accou u t of this
bank
Liabilities other than those above stated
Total.
6,000
2,400
1.372
1,824
5,4*6
5,531
156
626
40,495
2S,498
183
6,000
6,000
2,400
1,27S
I, (502
6,02*
2, -W0
1,193
1,721
5,153
176
1,360
42,198
30,521
146
REPORT OF THE COIIPTROULEE OF THE CURRENCY.
405
Abstract of report* since September 15, 1922, arranged by States and reserve cities—
Continued.
PENNSYLVANIA,
[In thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1023.
Juno 30,
1923.
S e p t . 14,
1923.
82! hanks. 822 banks, j 823 banks. 822 b a n k s .
K }•:><") I ' R C K S .
Loans mid discounts (including rediscount)
Overdrafts
Customer':;} liability account: of " acceptances "
United States Ciovernment securities
Other bonds, stocks, securities, etc
<
Banking house, furniture, and fixture:;
;
:
Other real estate owned
Lawfulreserve with Federal reserve bank
!
Kemswilh federal reserve bank in process of coll eel, ior:'
Cash in vault and amount due from national banks.
Amount due from Stale banks, ban ker>, and trust companies
Exchanges for clearing house
:
;
("hecks on other banks in the same place
!
Outside checks and oilier cash items
Redempt ion fund and due from U niled States Treasurer.
Other assets
Total.
192.
37:5,
•1
107
-1,222
2,060
L274
2.596
;{. 299
' 919
1,380,127 I
»>!•!,071.
' 2S8
98
198,780
389,501.
39.208
4,140
56.529
Si 450
!
:
i
!
|
i
i
!
\
.108,4.1.7 i
•1,912 =
3. 1A1 1
1.007
926
64-1 204
290
80
202,956
398,822
39,549
4,571
56.042
4,427
89,075
652,913
323
118
202,503
402,582
39,810
4,823
58,546
4,590
96,447
4,540
4,527
2, 188
2.163
3^ 324
I, 188
4,771
2.174
I, 132,314 i 1.458,006 \
1J41
1,455
3,3! 6
1,108
1.476.085
IJAKIUTJI^.
Capital stock paid in
Surplus fund.'
All other undivided profits, loss ex j senses and taxes paid.
National-bank notes outstanding.
Due to Federal reserve ba nks
Amount due to national banks
Amount duo to Slate banks, bankers, and trust companies
Certified checks on fst;i tiding
Cashier's checks outstanding
Demand deposits
Timedeposils(iuclu(Ungpostalsavings deposits)
United States deposits.
United kSla-lcsGoverninentsm.irit.iusborrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Notes and bills rediscount < d 7
>
Letters of credit and travelers checks sold for cash and
outstanding
Acceptances executed by oLher banks for account (f this
ba nk
."
,
Liabilities oilier than those above si a ted
Total.
79.087 i
97'. 902 !
4^956 |
65, 117 i
1.99-1
2,234
7,160 !
LOK) I
3.402 i
474,517
576,501
5,769
097
20.668
3,655
SO,458 j
J 01'565
40,552
Go. 543
.1,820
2,475
s0.700
103'251
38,301
64,456
2,008
2,167
81. i29
103,015
42,843
65.479
2.292
2,330
7.997
2,079
4,243
485,198
011,307
4.915
81.4
6,901
1.673
3; 553
481,955
641,544
5, 106
787
7,465
1,216
3,294
486,225
654,702
2.920
'415
18.505
3.273
20,218
4,833
IS, 389
3,952
80
934
148
805
1,476,685
17
27
1,780
1,386, 127
98
1,419
1,458,606
406
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September lo, 1022, arranged by States and reserve cities—
Continued.
P E N N S Y I / T ANT A—Continued.
PHILADELPHIA.
[In thousands of dollars.]
Doc. 29,
.1922.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
33 banks.
32 banks.
32 banks.
32 banks.
K,9>
27
13,484
53,492
74,454
9,001
1,091
48,320
43,598
46,772
410,814
19
12,438
02,495
67,5-16
9,034
979
44,023
46,319
41,488
419,314
33
12,218
62,863
68,102
9,948
409
15,439
40)774
37,5-18
420,699
jl
10,471
53,211
65,317
10,282
387
42,685
41,189
39,236
12,024
34,799
7,530
1,442
372
7,789
11,501
30,770
5,489
1,037
353
5,029
13,178
26,786
6,753
2.938
' 353
4,173
12,009
23,633
4,998
3.632
' 338
6,114
1923.
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
()thcr 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 b a n k s . . . .
Amount due from State banks, bankers, and trust
companies
Exchanges for clearing hoi isc
Checks on other banks in the same place
Outside checks and other cash items
Redemption fund and due from United States Treasurer.
Other assets
Tot a l .
750,829 I
734,212
7.377
' 92
01,693
28,680
60,215
14,738
(>; 955
.123
56,128
28,680
60,420
.15,195
0, 885
92
53,841
28,680
60,570
16,859
G, 671
103
57,289
116,399
J,514
9,7.36
382,465
25,126
11,951
2,421
116,683
2,001
5,957
359,394
32,801
15,444
641
<>9,546
1,216
4,363
376,262
35,271
9,003
606
98,681
1,216
2,322
370,628
41,270
4,004
970
30,540
6,431
3S, 895
4,558
26,322
3,785
127
10,416
244
9,0-13
136
9,144
2,986
2,074
4,254
2,455
2,200
3,362
752,334
750,829
734,212
764,110
'52,334 !
LIABI1.1T1KS.
Capital stock paid in
Surplus fund
All other undivided profits, loss 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)
U nited States deposits
United States Government securities borrowed
Bills payable (including all obligations representing
money" borrowed other than rediscounts)
N ot.es 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.
29,805
62,845
764,110
KEPORT OF T H E C'OMT>TTtOT,T.KR OF THK CintltKXCY.
407
Abstract of reports since September 1^,192:2, arranged hy Slates and reserve cities—
Continued.
PKXNSYI/VAXr A—(-oni inued.
PITTS15UTUUI.
[Iu thousands of dollars.]
Dec. 29.
1922. '
Apr. 3,
1923.
Juno 30.
1923.
Sept. 14.
1923.
14 hanks.
II banks.
14 banks.
15 banks.
,
:
KESOVKCES.
Loans and discounts (including redi.-counl.s).
Overdrafts.
Customer's liability account of "acceptances"
United States Government securities
I
Other bonds, stocks, securities, etc
I
Hanking house, furniture, and
fixtures
;
Other real estate owned
j
Lawful reserve with Federal reserve bank
|
I terns with Federal reserve bank in process of colled ion.. I
Cash in vault and amount due from national banks
!
Amount due from State banks, bankers, and trust com- !
!
panics
Exchanges for clearing house
:
Checks on other banks in the same place
Out side checks and other cash items
I
Redemption fund and due from United SI ale-; Treasurer. I
Other assets
•
Total.
j 9s, 05
2
077
92,2*0
57,2(50
j 7 , "),->")
1,224
24, 724
19,902
2!,975 j
99,390 !
54,198 :
J 7,451. 1
1. 159 i
30, Ml ]
22, 743
23,130
JO."). 191
4
1,520
98, 775
50, 269
.17,686
1,220
28, S05
17, 739
IS, 712
197,305
3
252
97,592
59,553
18,224
1,341
29, 104
21,636
20, 128
431.019 I
5.380
7, 139
107
i. 374
i; 153
2, S05
5,179
5.383
' J27
1,373
1, 156
2,470
•105, 130 I
103. S79
400,S86
29, 250
25, 900
12,412
22.403
29, 250
27, 700
11,784
22,134
41,0S2
39, 173
29,450
27,900
12,951
22,930
1,195
41,649
52.29S
717
914
222,201
33.101
5,504 !
7.032 !
\!02 !
OSS i
I, i 43 ;
4S. 013
533
691
J2'{, 013
31,910
5,502
5. 407
0, 4SS
ISO
513
1. ! 43
3, 522
l.iAMIUTIES.
Capita! stock paid in
Surplus fund
All other undivided profits, less expenses and La xes paid.
National-bank notes outstanding
Due to Federal reserve banks
:
Amount due to national banks
Amount due to State banks, bankers, and trust com- ;
pan ies
'
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
Unito<l States deposits
'.
:
United Si ales Government securities borrowed
Bills payable (including all obligations representing j
money borrowed other than rediscounts)
|
:
"Notesand billsrediscounted
Letters of credit and travelers' checks sold for cash and !j
outstanding
Acceptances executed for customers, etc
Acceptances executed by other banks for account of t his '.
bank
"
Liabilii ies other than those above slated
Tola!..
7i>3i)(i°—24
29. 250
2,1! 300
11, 770
22,203
44.I SI 1
I
52,270
040
1,0-17
195,719
31,319
11'. 793
000
12,238
700
770
50.402
' 538
729
219,902
30, 718
1,717
600
1 1,208
2,557
11,185
1,400
I
2.010 !
053 !
0.000
75S
fit\rt
ISO i
1, .{12 j
024 !
127
207 j
125
906
i
53 !
S77 ;
431,049
27
i
:
101
S20
405,130 !
1,074
403,879 j
460,886
408
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922. arranged by States and reserve cities—
Continued.
RHODE ISLAXD.
[In thousands of dollars.]
Doc. 29,
1022.
Juno 30,
1923.
i Sept. 14,
" 1923.
•
17 banks.
RESOURCES.
Apr. 3,
1023.
17 banks.
17 banks.
17 banks.
39,005
5
66S
9.555
12.715
1,001
5
3.233
' 172
5, '47
40,035
IS
1,119
9.372
12.606
763
301
3, US
ISO
4,770
j
Loans and discounts (including rediscounts)
I
Overdrafts
j
Customer's liability account of '•acceptances''.
i
United States Government securities.
i
Other bonds, stocks,, securities, etc
|
Banking house, furniture, and
fixtures
'
Other real estate owned
i
Lawful reserve with Federal reserve bank
j
J terns with Federal reserve bank in process of collection. •
Cash in vault and amount due from national banks
j
Amount due from State banks, bankers, and trust com- !
panics
!
Exchanges for clearing house
i
Checks on other banks in the same place
i
Outside checks and other cash items
j
Redemption fund and due from United States Treasurer.!
!
Other assets
25s
95s
9
15
239
144
Total.
438
9,283
12, M3
1,111
1
2,059
2S4
3, 960
220
602
21
66
237
100 |
737 j
12 i
10 :
73, 467
LIABILITIES.
j
101
574
11
21
237
10S
71.750
:
Capital stock paid in
;
Surplus fund.
All other undivided prof i ts, less c\penses and taxes paid.:
National bank notes outstanding.
.Due to Federal reserve- banks
Amount due to national banks
;
Amount duo to State banks, bankers, and trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)....
United Slates deposits
"
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.
39,25*
10
128
9,283
12,662
1,088
1
3,0*2
310
4,795
6. 320
4.545
4,517
4, OK*
6, 320
4, 565
4, 570
4. 705
4S1
no
4 SO
1.56S
152
277
«>, 042
11,373
562
2, ISO
H3
179
36, 2x>
1")6
12,
420
140
372
1.037
66
(,
320
4 5*.'»5
4,
4. 505
149
265
'••5(>
I, 5S6
53
S5
J5 <m
12, 412
317
550
455 |
0.32!)
4,575
4,S47
4,705
SO
263
1,598
104
109
35,425
12,50S
272
670 ';
240
459
295
47
24 i
109
41
81
71
is*:
oo j
72,334
1,
72,l.-«f
71,750
EEPOET OF THE COAIPTROtLEE OI" THE CURKEXCY.
409
Abstract of reports since September /-T, 1922, arranged by States and reserve cities-—
Continued.
SOUTH CAROLINA.
[In thousands of dollars.]
Dec. 20,
1922.
Apr. 3,
1923
June 30,
1923.
Sept. 14,
1923.
79 banks.
83 banks.
84 banks.
84 banks.
RKSOUIU'KS.
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
I U-ms with Federal reserve bank in process of collection..
Cash in vault and amount due from national banks
Amount due from Stale banks, bankers, and trust cornpanics
Exchanges for clearing house
Checks on other banks in {.he same place
Outside checks and other cash items
Redempt ion fund and due from United States Treasi irer.
Other assets
540
193
1, 701
14, 407
4, 931
1 340
1, 104
•i, 497
80
10,428
81,415
79
853
. 14,500
5,030
4,390
1,278
4,310
099
8.348
81,501
122
382
13,482
0,033
1,050
1,207
273
219
427
95
3,749
906
273
282
420
441
3,884
514
395
287
399
331
130,949
127,051
129,074
12,S30
0;095
12,980
0, 103
12,480
5,981
' 125
1,319
2,550
8, 199
392
2,032
2,339
8,205
521
1,395
2,019
7,355
006
2,191
8,211
09
705
29.370
35', 029
1SS
171
5,039
121
814
38,335
47,100
842
249
4.875
55
533
33.749
50/221
059
224
4,547
123
505
34,386
50,374
538
217
1,053
4,419
1,443
2,280
1,310
3,138
1,488
3,849
1.219
01
1,701
6
1,153
88
382
1,373
127,051
129,074
07,591
110
969
10,842
2, 492
3.393
'on
4,001
713 I
0,892 ;
2,951 I
235 I
232
337
(9
.
TotaL
•4,430
1,347
4,708
919
10,340
LIABILITIES.
("apital stock paid in
Surplus fund
All other undivided profits, JOSS expenses 'ind taxes
aid.
pni(
\i>! ioual bank notes outstanding
Due to Federal reserve banks....
Amount due to national banks
Amount (hw to State banks, bankers, and trust companies
('ertiiicd checks outstn riding
(V.shicr's checks outstanding
de
Time deposits (including postal savings deposits)
p
i: nited Stares deposits
United States Government securities borrowed
Bonds and securities, other than United States,
borrowed
Bills payable (including all obligation-* representing
money borrowed other ! nan rcdiscumls)
Notes and bills rediscounted
Letters of credit and travelers' check? .sold for c.ish :i:id
outstanding
%
Acceptances executed for customers. «'tc
Liabilities other than those above stated
Total..
10. !•")•")
2, 10(5
50
15
102,214
130,949 i
410
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract cf reports since September lo, 1922, arranged hy States and reserve citiesContinued.
SOU T i l C A R 0 1 A NA (' on tinned.
CHARLESTON.1
[In thousands of dollar*.]
Dec. 29, I
1922.
5 banks.
RESOURCES.
Loans ond discounts (including rediscounts)
Overdraft s
Customer's liability account of ''acceptances"
United Stales Government securities
Other bonds, slocks, securities, etc
Banking house, furniture, and fixtures
< nher real estato owned
Lawful reserve with Federal reserve bank
It ems with Federal reserve bank in process of collection..
Vur-h in vault and amount due from national banks
Amount due from Stale banks, bankers, and trust companies.
Exchanges for clearing house
(hecks on other banks in the same place
Outside checks and other cash items
Redemption fund and duo from United stales Treasurer.
Other assets
12,335
22
S33
5. 345
2,036
705
171
941
227
1,777
743
135
t
22
93 !
20 1
2!), 072 1
Toial.
Capital stock paid in
I
Surplus f und.
•
All other undivided profits, less expenses and ta xes 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)
Unit ed Si at es deposits
United States Government securities borrowed
Bills payable (including all obligations representing
money borrowed ot her than rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc
Tot al
1
Terminated as reserve city effective Mar. I, 1923.
|
2,100
] , 290
019
1,850
197
393
3,012
32
27
5.5215
8,702
559
50
•171
411
833
2(5,07
:
:
REPORT OP THK COMPTROTXKR OF T.HE CUKRKXOY.
411
Abstract of report* since September to, 1922, arranged by States and reserve citiesContinued.
SOUTH DAKOTA.
[In thousands of dollars.]
Dec. 29,
.1922.
Apr. 3,
1923.
I'll
banks.
banks.
Sept. 14,
1923.
130
130
banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and 'fixtures
Other real estai e owned
Lawful reserve wirh Federal reserve bank
Items with Federal reserve bank in processor colled ion.
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 t he same place
Outside checks and other cash items
Redemption fund and due from United Stat es Treasurer.
Other assets
01,140
153
7,280
4,083
2,912
I, 666
3,098
415
11,081
1,039
134
1S2
304
20S
320
1, 191
279
215
331
207
318
91.597
Total.
64, 569
150
6, 875
3, 766
2, 952
1,322
3, 455
298
9,023
!K 869
05, 197 :
125 :
7,268
4,128 I
2,925
2,156 i
3,662 !
305
7,68-1
63,448
170
7,047
4,499
2,896
2,366
3, 593
395
8,672
!, 004
323
237
200
209
298
I 009
1S7
134
200
207
416
95,239
I.IAKII.ITIKS.
Capital slock paid in
Surplus fund
A11 other undivided profits,less expenses and taxes paid.
Na (iona 1-bank not es out sla nding.
Due t o Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and trust coinpanics
Certified checks outstanding
Cnshier's checks outstanding
Demand deposi ts
Time deposits (including postal savings deposits)
United States deposits
Bills payable (including all obligations representing
money borrowed other than rediscounts)
:
Notes nhd bills rediscounred
Liabilities other than those above stated
Total.
6, 135
•_', 984
1.266
4,144
29 .
>, 197 !
I
6,055 !
2,957 .
790 i
•1,061 i
6,080
2,922
794
4, 101
3,243
2,266
7.921.
105
5*. |
5<>9 ;
5,835
55
I, 114
30,096
30.344
526
2.367 i
4,874 |
19 i
1,637 •
3,513 i
16 j
1,564
1,058
26
98,869 |
95,781
<i, 1*2 !
3 5 , 3 6 3 ••
95,239
412
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
TENNESSEE,
[In thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
90 bonks.
!
95 banks. ! 97 banks.
Sept. 14,
1923.
90 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
I t e m s with Federal reserve bank in process of collection.
Cash in vault and amount due from national banks
Amount d u e from State banks, bankers, and trust
companies
Exchanges for clearing house
Checks on other banks in t h e same place
Outside checks and other cash items
Redemption fund and due from Vn ited States Treasurer
Other assets
Toud.
Capital si ock paid in
\
Surplus fund.'.
j
All other undivided prod t s,less ex penses and t axes paid. j
National bank notes outstanding
'
Due t o Federal reserve banks
Amount duo to nal ioiial banks
Amount due to Stale banks, bankers, and trust compirnios
Certified chocks out stand ing
Cashier's chocks outstanding
1 >emand deposits
Time deposits (including postal savings deposits)
United States deposits
\
United Slates Government securities borrowed
Bonds and securities, other than United Stales, borrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Notes and bills rediscounted '.
Acceptances executed for customcrs, etc
Liabilities other than those above stated
Tot al
85,083
128
14,438
5,829
4,048
400
5.971
1)232
10,877 |
1,413
003
202
220
497
110
:
i
I
i
|
j
137,117 |
11,584
5,704
2,980
9,703
028
4,489
85,977
148
00
10,398
0,324
4,230
531
5,819
1,115
10,060
89,070
131
15,399
0,390
4,429
553
5,975
715
13,028
91,104
100
14,581
0,335
4,430
680
5,840
1,2-18
14,498
1,307
830
305
213
501
302
1,035
1,219
311
335
497
100
1,137
010
305
205
510
98
140,240
13V*, 193 |
141,771
;
I
I
i
I
;
11,824 '
5,800 '
2,480
9,940
075
4,982
11,814
5,850
2,390
9,010
374
4,331
11,814
5,850
2,025
0,352 '
34
023
49,218
40,510
1,594
04
7,910 !
54 j
397
49,300
43.172
1,914
02
0,502
39
389
49,903
41,019
922
259
0.098
' 52
317
50,700
44,715
704
277
10,110
548
3,983
I
1,102
2,324
20
02
137,117
•
,
i
:
059
590
00
2S9
|
:
j
'
140,240 ;
20
820
1,810
31
58
139,193
i
|
!
.
i
1,5-18
2.3.51
73
111,771
EEPORX OF THE COilPTROIXER OF THE CITKEEITCY.
413
Abstract of reports since September lo, 192:2, arranged by Slates and reserve cities—
Continued.
Continued.
MEMPHIS.
[In thousands of dollars.]
Dec. 29,
1922.
RESOURCES.
Loans and discounts (including roliscounts)
Overdrafts
."
United States Government seeunt ies
Other bonds, stocks, securities, etc
Banking house, furniture, and 'fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
Items with Fedoralreservebankin process ofco I lection..
Cash in vault and amount due from, national hanks
Amountduefrom State banks, bankers,ami trnstcomnies
pani
pane
,
h
E xchn nges for clearing house
!
Outside checks and other cash iieins
j
Redeinptkmfundand duofrom United States Treasurer.!
Other assets
:
Total
I
23
Capi tal stock paid in
:
Surplus fund
j
All other undivided profits, less expenses and taxes |
paid
I
National hank notes outstanding
I
Amount due to national banks.
i
Amount due to State banks,, bankers, and trust coin- j
panics
'.
•
Certified checks outstanding
j
Cashier's checks outstanding
.
!
Demand deposits
,
!
Time deposits(including postal-savinjjes deposils)
!
United St:ites deposits.
"
.
!
Bills payable (including all obligations representing I
money borrowed other than rediscounts':
Kotes a rid 'Dills ivdiseounted
.
Acceptances executed for cusiomeis, etc
Liabilities other than those above stated
Total.
21,690
414
•REPORT OF TIIE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September lo, 1922, arranged by States and reserve cities—
Continued.
T E N N E 8 SEE—Continued.
NASHVILLE.
[In thousands of dollars.]
Dec. 29,
1922.
|
l
5 banks.
Apr. 3,
1923.
June 30,
1023.
Sept. 14,
1923. '
5 banks.
5 banks.
5 banks.
J:L>.OUKCKS.
Loan? find discounts (including rediscounts)...
Overdrafts
Customer's liability account of "acceptances".
I nited 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 same place
Outside checks and other cash items
Redemption fund and due from United States Treasurer.
Other assets
33,923
32
95
5,187
3,295
1,414
149
3,175
3.131
2; 542
34,412
20
127
5,290
•1,424
1,447
151
3,095
2,636
2,366
1.521
'813
115
133
112
89
1.6S6
'620
97
144
112
111
1,322
531
67
210
112
114
53,257
Total.
32,488
15
153
5,138
3,157
1,019
401
2,391
3,052
2,660
ih), 743
56,324
57,321
3,550
2,310
769
2,226
3,152
3,650
2,350
1,045
2,211
3,331
3.650
350
&,
1,037
2, 5
11
554
3,650
2,350
1,136
2/215
2,287
7,869
'100
241
21,401
10/236
201
200
9.2*1
252
200
Vl
)
70
96
21,620
11,364
194
200
5,664
' 60
77
20,440
11,148
188
1,700
380
15
SOI
28
324
2,S34
48
3,122
2,980
84
214
67
220
SO
201.
88
216
56,324
57,321
34,887
10
88
6,355
4,923
1.447
165
2,605
2,655
2,179
.
1,051
469
125
133
HI
118
UAIJIUTIKS.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses and taxes paid.
Katioiiai 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
g.
Demand deposits_
Time deposits (including postal savings deposits)
V nited 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
Acceptances executed for customers, etc
Acceptances executed by other banks for account of this
bank
."
Liabilities other than those above stated
Toial.
53.257 |
40
109
21,SS3
10,200
55,743 I
REPORT OF THE COMPTROLLER OF THE CURRENCY.
415
Ahdrad of reports since September lo, 19:22, arranged by Stales and reserre citi
Continued.
TEXAS.
[ hi thousands of dollars.]
P e e . '>9
1922. '
A p r . 3.
1923.
J u n e 30,
1923.
Sept. 14,
517 b a n k s .
521 b a n k s .
520 b a n k s .
527 b a n k s .
215.407
911
15
52.100
9. 505
11.920
5, 835
1 s. 50S
1. S7S
57.119
213.890
SM
57
•17.002
10.431
12.179
0.152
17. 174
1. 102
41.971
1923.
RESOURCES.
Loansand discounts Cineluding rediscounts)
Overdrafts
Customer's liahilit y account of "acceptances",
r n itedstates < - overnment securities.
211.
Other b o n d s , stocks, securities, e t c
!
Banking house, furniture, a n d fixtures
!
O t h e r real e s t a t e owned
!
I .awful reserve w i t h Federal reserve b a n k
|
i toms \v.i th Federal reserve ba nk i n process of collect ioi i.
Cash in v a u l t a n d amount: d u e from n a t i o n a l banks
A m o u n t d u e from S t a t e b a n k s , b a n k e r s , a n d t r u s t companies
E x c h a n g e s for clearing house
•
!
Checks on other b a n k s in t h e s a m e place
Outside checks a n d other cash items
Kodempt ion fund a n d due from I' nite.d Stat es T r e a s u r e r .
O t h e r assets
Total
03'>
325
9*9
. Oil
.313
519
4l0,0v>
Capital stock pnid in
Surplus f11 nd
All other undivided pro'its, less e x p e n s e s a n d 1 axes pa id.
N a t i o n a l b a n k notes o u t s t a n d i n g
Due to Federal reserve b a u k s
A m o u n t due t o n a t i o n a l b a n k s
A m o u n t d u e to State b a n k s , b a n k e r s , a n d t r u s t companies
Certified checks o u t s t a n d i n g
Cashier's checks o u t s t a n d i n g
I >omai id deposits
Time deposits (including p o s t a l s a v i n g s deposits)
I"nited Slates d e p o s i t s .
I nited SI a? os < Jovornment securit-io;-- boi rowed
Bonds a n d securities, other t h a n United S t a t e s , borrowed
Bills payable (including all obligations r e p r e s e n t i n g
money borrowed other t h a n rediscounts')
Notes a n d bills rediscount ed
Letters of credit a n d t r a v e l e r s ' checks sold for cash a n d
<?ut standing
Acceptances executed for customers, etc
Liabilities other than those above stp.lod
Total
.705
. 851
.901
!
I
|
?.050 :
>. oo :•
025
030 ;
5. 302
500 i
999 •
.
I 093 i
1.302 :
795 !
113.3*7
42 055
25, 139
9. *07
25. 0*3
420 •
14,310 i
9. I l l
101
.905
230. 759
3 1 . 981
802
405
3, 505
228.599
38.091
3.744 i
1,202 ;
54
1.900 :
.050 :
4
350
SIS
10
15
373
4.030
390
923
1. Ill
1.301
051
f>. 279
357
1,375
1,353
1.296
611
390.!53
431.053
•r> s s o
42,905
21.071
10.104
25,702
553
12.122
24.771
9, 488
25.320
52S
10, SI 4
0. 700
SO
2. 554
207.100
3S. 5 9 0
12.334
102
2. S46
238.753
39.201
1.101
' 240
213
7.300
11. 789
8.904
10.908
57
298
2SS
2! '.
. 177
410,082
413,387 !
256.342
1,456
67
18. 589
11.113
12,291
f>,340
19,638
1,885
03,061
22
390. 153
17
07
431.053 .
416
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15} 1922, arranged by States and reserve ciiles-
Continued.
T E X AS—Continue'I.
DALLAS.
[Tn thousands of dollars.
Dec. 29,
1922.
RESOURCES.
June 30.
1923.
Sept. 14,
1923.
6 banks.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances''
United States Government securities
Other bonds, stocks, securities, etc
Banking housej 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 Slate banks, bankers, and trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash it ems
Redemption fund and due from Tinted States Treasurer.
Other assets
Apr. 3,
1923.
6 banks.
6 banks.
6 banks.
I
60,145
111
1.782
19,292
1,736
2,944
985
5,685
8,578
2.903
l' 3f>6
109
461
200
145
2,392
1,265
281
497
247
143
2,296
l,l)»5
116
607
255
144
3,416
1,878
299
629
255
117,361
Total.
52,283
104
439
10,799
66,504
122
1,216
IS,847
2.530
2,943
996
6,815
6,129
7,48S
118,415
101,222
117,lOo
8,050
2,380
2,124
4,885
10,645
8,650
2,385
2,193
4,993
7,132
8,6,50
2,385
2,530
^087
15,045
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses and taxes paid.
National-hank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and trust companies
Certified cheeks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
ITniled States deposits
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
Total..
19,742
2,294
2,942
1,037
6,206
5,317
6, ;J45
59,539
86
1,347
16,935
4,441
3,094
433
5,955
10,262
8,536
|
7,150 I
3,375
3,166
4,900
14,585 |
9,192 ;
118
2,110
53,130
9,242
6,843
300
1,455
9,419
4,263 !
76 i
1,522 !
52,031 i
11,675 j
3,159 ;
300
660
1,100 I
1,571
1,000
3,022
33
439
41
1,347
8,919
103
1,412
55,624
12,0ii6
13
1,782;
12
1,216
117,361 I
118,415
101,222 i
9,744
76
2,164
53,064
11,031
1,916
117,105
417
ItEPOET OF THE COMPTROLLER OF THE
Abstract of report* since September 15, 1922, arranged by Slates and reserve cities—
Continued.
T E X AS—('on tinued.
KT. PASO,
[la thousands of dollars.]
Dec. 29,
1922.
4 banks.
Apr. 3,
1923.
i June 30,
; 1923.
Sept. 14,
1923.
•i banks, i 4 banks.
4 banks.
KL8OURCF.S.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of" acceptances''
United States Government securities
Other bonds, stocks, securities, ct-c
Hanking house, furniture, and fl xtures
Other real estate owned
Lawful reserve with Federal reserve bank
Hems 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
\
'.
|
K xchanges for clearing house
!
Checks on other banks in the same place.
j
Ouiside checks and other cash items
j
Redom pi.ion fund and d iic from liiiled Slai es Treasurer.'•.
()inor assets
..:
20,253
36
355
2,437
1.407
i;385
307
1,439
753
1,765
053
404
47
350
73
43
433
309
80
298
73
44
4S7
285
05
332
73
47
.'12,409
Total.
2.080
20,385
24
454
2,532
.1,212
1,385
299
1,454
718
1,591
32,054
31,357
31,491
2, 200
2,200
•HO
415
99
1.427
1,237
!9,9S0
02
321
2,731
1,704
J, 528
' 225
1,629
013
2,210
243
41
J9,S24 I
160 !
2,041.
1,845
.1.532
' 230
1,1.18
011
UAIUI.ITIES.
("apital stock paid, in
Surplus fund
All other undivided profits, less expenses and taxes paid.
National-bank notes outstanding
Amount due to nai iondl banks
Amount due t o State banks, bankers, and trust companies
Certified checks outstanding
Cashier's cheeks outstanding
Demand deposits
Time deposits (including postal savings deposits)
I'nited Slates deposits
Hills payable (including all obligations repivseming
Tnoney"borrowod other t h a n rediscounts)
Notes and bills rediscount ed
Letters of credit a n d travelers' checks sold for cash and
outstanding
Acceptances execuied for customers, <•!c
Liabilities other than those above slaved
Total.
190 |
1.444 !
•
"
•
i
.
2.200
415
1.04
1,394 j
.1,198
2, 200
415
79
1,455
812
.1,904
20
535 !
14.073 j
S,400 I
.1,418
15
403
12.784
J3
:i,005
40
480
11,57ft
9, 132
7
500
1.491.
400
1,730
598
"1,980
089
2.54S
3
321
19
18
100
23
1,959 j
31 |
492 !
13,08/) j
<S,499 I
22 !
32, 109 j
32,054
s, ;u3
19!
454 i
19 i
31.357
IS
355
20
31,491
418
BEPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1.922, arranged by States and reserve cities—
Continued.
TEXAS—Continued.
FORT WORTH,
lln thousands of dollars.]
Doc. 20.
1022.
I 5 banks.
Apr. 3,
1923.
June 30,
1923.
Sept. 1-1,
192:?.
5 banks.
6 banks.
6 banks.
RESOURCES.
Loans and discounts (including rediscount?)
Overdraft:"
Customer's liability account of ''acceptances"
United States Government securities
Ot her bonds, stocks, securities, etc
Banking house, furniture, and fixtures
i Hher real estate owned
Lawful reserve, with Federal reserve bank.
Items with Federal reserve bank in process of collection..
(•ash in. vault and amount due from national banks
Amount due from Siate banks, bankers, and trust companies
Exchanges for clearing house.
Checks on other banks in the same place
Outside checks and other cash items
\
Redempt ion fund and due from United .States Treasurer. |
Other a-^ets..
I
31,452
122
LIABILITIES.
Capital stock paid in
Surplus fund.'
All ot her undivided prol'i Is, less ex penscs and taxes p a i d .
National bank notes outstanding.
Due to Federal reserve banks
A mount due to national banks
Amount due to Stato banks, bankers, and t r u s t companies
Cen > fied checks o u t s t a n d i n g —
Cashier's checks outstanding.
Demand deposits
Time deposits (including postal savings deposits)
I' nited states deposits
\
United States Government securities borrowed..
Biiills 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, etc.
Liabilities other t h a a those above stated
Total
34,312
65
33,913
61
4,919
2,235
2.023
443
4.04S
4. 830
T. 069
6,102
1,779
2,111
473
3, 523
3,404
5,970
6,422
2,413
2,656
593
3.901
2,70S
-i, 680
6,122
2,978
2,656
649
3,882
4,696
7,390
1.2S8
597
403
104
80
1,163
426
173
sso
251
80
is
638
314
276
80
29
1,330
085
24S
197
SO
133
59.079
Total
33, .530
90
8
59.101
59,970
65,320
i
3,550
2; 100
974
1,594
2S3
9,487
0,352
44
1,024
26,883
6. 517
865
3, .V)0 :
2.100 i
' 898 '
1.600
365
0,952
!
3,950
2,350
1,008
1,580
2sl
0, 802
3,474
13
686
:.J1.121
S 043
733
4, 003
' 20
020
31.251
0.402
S05
150
3.950
2; 350
911
1,555
169
5,350
5, 245
9
515
32.335
7,930
411;
603 !
942 i
2,124
732
4 .
59.679
59,970 !
05,320
EEPOET OF THE COMrTROIZ.EE OP THE CTTEBESTCY.
419
Abstract of reports since Septemher /J, 1922, arranged by States awl reserve cities—
Continued.
TEXAS—Continued,
GALVESTON.
[In thousands of dollars.]
Loans a n d discounts (including rediscounts)
Overdrafts
U n i t e d S t a t e s G o v e r n m e n t securities
O t h e r b o n d s , stocks, securities, e t c .
B a n k i n g house, furniture, a n d lix tin es
O t h e r real estate owned
Lawful reserve w i t h Federal reserve b a n k
I t e m s w i t h Federal reserve b a n k in process of collection.
Cash in vault; a n d a m o u n t d u e from national b a n k s . . . .
A m o u n t d u e from S t a l e b a n k s , bankers, a n d (rust companies
E x c h a n g e s for clearing house
O u t s i d e checks a n d other cash i(ems
R e d e m p t i o n fund a n d d u e from V nited Stales Treasurer.
OT her assets
i
Tolal
I
I.IAKFMTTKS.
Capital stock paid in
\
Surplus fund
I
All other undivided profit s, less ex penses a rid 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
Cashiers checks oulst.iinding
Demand deposits
Time deposits (including postal savings deposits)
V nit.ed .States deposits.
Biils payable (including all obligations representing
!
money borrowed other than rediscounts)
Total...
10.400
15.527
11.315
j
400 :
400
122
350
91
<>07
i
i
i
!
!
001
2 !
54 j
3.9'K) !
01 I
347 i
3S |
351 ;
000
550
232
352
G37
SOI
:
535 |
1.07S
34
3,033 :
•l,20T>
30
26 .
2.S02 :
4,075 '
43
48
•1.205
6, G72
•too
400
100
352
41 ,
509 I
1.302
•100
•100
107 :
•2
225
10,406
0. 125
15,527
420
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922} arranged by States and reserve cities—•
Continued.
TEXAS—Continued.
HOUSTON.
[In thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
Juno 30,
1923.
Sept. 14,
1923.
9 banks.
9 banks.
9 banks.
9 banks.
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 re.;erve 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
62,196
61
401
19,794
2,132
3.625
'686
6,166
4,762
8,669
59,106
98
17,339
2,119
3,726
529
6,746
4,326
6,862
70,192
144
41
15,933
2,153
3,812
f)3l
7,302
6,778
13,923
2,747
1,635
662
282
261
213
2,356
1,282
572
351
260
183
•1,801
1,385
678
180
260
124
3,114
2,768
741
348
260
141
119,298
Total.
66,099
64
1,100
17,512
1,698
3,194
695
7,936
5,SL9
9,381
113,496
105,351
LIABILITIES.
Capital stock paid in
,
Surplus fund
,
All other undivided profits, less expenses and taxes paid.
National bank notes outstanding
Amount d" 10 to national banks.
Amount due to State banks, bankers, and trust companies
Certified, checks outstanding
Cashier's chocks outstanding
Demand deposits
Time deposits (including postal savings deposits)
U nil eel States deposits
,
United States Government securities borrowed
,
Bills payable (including all obligations representing
money borrowed other than, rediscoun ts)
Notes and bills rediscoun ted
Letters of credit and travelers' checks sold Tor 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.
6,600
3,2S5
2,649
5,200
12,040
7,100
3, oS")
2,928
5,142
10,7">3
7,100
3,5^5
2,895
5,065
7,1.61
7,600
3,585
2,853
5,144
15,512
14,219
*6
1,601
49,049
17,857
3,464
65
12,122
88
1,252
45,272
19,134
4,047
54
8,729
17,352
.1,250
102
1,000
33
Mi
1,469
46,725
19)623
1,093
2,352
48,990
19,419
47
300
645
4,600
45
2
401
100
333
113,496
3
41
264
119,298
663
47
219
105,351
128,511
REPORT OF T i l t COAIPTBOLLKK. OF THli CURRENCY.
421
Abstract of reports since September lo, 1922, arranged by Stales and reserve cities—
Continued.
T E X AS—Contin ued.
SAN ANTONIO.
[In thousands of dollars.]
! Doc. 29,
! .1922.
A p r . 3,
1923.
June 30,
1923.
i'"
. S banks.
8 banks.
8 banks. | 8 banks.
Sept. 14,
1923.
RESOUKCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities.
Other bonds, stocks, securities, etc
Banking house, furn iture, and fixtures
Other real estate owned
Lavvfulreserve with Federal reserve bank
Hems with Federal reserve bank in process of collection
Cash in vault and amount due from nai ional banks....
Amount duo from State banks, bankers, and trust companies
Exchanges for clearing house
Checks on ol. her ban ks in the same place
Outside checks and other cash item's
Kodcmption fund and due from United States 'Treasurer.
O ther assets
2-1,042
327
13
6,114
805
3,139
108
2,703
1,107
5,853
7-12
421
40
239
192
50
4(1,05 L
It)
6,482
002
3,179
214
2,370
838
4,149
25,055
159
6
6,238
494
3,211
203
2,802
1,520
6,202
000
487
42
235
201
til
807
502
35
01
203
09
1,096
420
13
11.2
203
79
45,523
45,201
47,939
24,675
.183
34
6.848
512
3,181
103
2,784
703
M
MA.BTUTIES.
Capital siock paid in
,
Surplus fund
Allot her undivided profits, less expenses and taxes paid.
National bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to Slate banks, bankers, and i.ni<t companies
Certif'ed checks ouistanding
Cashier's chocks outstanding
Demand dc posits
Time deposits (including postal savings deposit s)
1' inted Si a tes deposits
".
Bills payable (including all obligations representing
money borrowed other than redisco in Is)..'
Nol.esand billsrediscounied
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed for customers, etc
Liabilities other than those above stated
Total..
3, 157
°2
23,1.39 !
4,984 i
4,750 |
1^0
4.750 ;
l',6S5 I
092 i
3,991
280
1,097
3,019
259
1,205
4.750
l) (W5
8t>4
3,9s9
Ii7
2,200
3,401.
20
459
22,518
5,190
402
2,731
20
537
20,279
6,4-16
452
4,501
39
266
22,533
5,531
460
1.15
4,750 i
1,<>(>() !
833 i
3,810 j
138 !
2,101 |
470
1,5S4
745
0
13
150
34
119
i0
120
5
6
98
46,051
45,523
45,201
47,939
422
REPORT OF THE COMPTROLLER OF THE CUBREXCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
T E X A S—Continued.
WACO.
[In thousands of dollars.]
IVe. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
G banks
G banks.
6 banks.
6 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
12,695
' 16
2.066
155
85
428
1,241
548
2,238
3,138
2,3a3
525
240
19
66
90
56
219
224
17
23
13
3,100
117
GO
O
191
1.101
443
10, 699
28
2 398
136
688
225
1. 004
325
9 012
12,018
31
2,317
137
469
218
1,294
965
4,436
269
223
12
51
90
67
777
316
39
50
90
70
23,227
Total.
LIABILITIES.
Capiial stock paid in
Surplus fund
All other undivided, profits, less expenses and taxes paid.
Nation;i 1 bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount duo to State banks, bankers, and trust coin;
O n ilied chocks outstanding
Ci^hier's checks out:standing
;
Demand deposits
Time deposits (including postal savings deposits)
;
United States deposits
'.
;
Bills payable (including all obligations representing I
money borrowed other than rediscounts)
I
Notes i.nd bills rediscounts!
•
Liabilities other than those above stated
'
Toti!i
21,368
23,227
423
EEPOKX OF XHK CO-MPTROLIJiR OF TJiK CUKRKXCY.
Abstract of reports since September IS, 1922, arranged by States and reserve cities—
Continued.
UTAH.
[Tn thousands of dollars.]
Doc. 29,
Apr. 3,
1922.
1923.
! 15 banks. | 15 banks.
! June 30, ; Sept. 14,
!
1923.
j
i
15 banks.
1923.
15 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdraft s
United Stales Government securities
Other bonds, stocks, sccurii ies, 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 duo from national banks
Amount due from Stale 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.,
5, 899
21
1.250
470
371
93
547
5,718
.9
1
.1,323
451
395
118
409
5,812
8
1,252
490
396
131
378
953
G08
658
1,232
545
398
122
354
16
543
311
104
110
102
I
17 I
30 |
9.984
1
30
15
30
0,251
13 1
11 !
30 :
2 i
9,297 j
5,788
14
17
23
30
9,191
LIABILITIES.
Capit al 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)
Bills payable (including all obligations representing
money borrowed other than rediscounts)
N otes and bills rediscountcd
28
850
359
116
586
850
345
130
587
850
345
120
592
4
13
<)/
4.217
3; 445
61
1
34
3.240
3,801
130
6
32
3,086
3. S57
51
1
29
2,840
08
109
OS
97
101.
108
189
218
9,984
Total.
72391»°—24
S50
354
136
590
3
93 ;
9,251
9,297
9,191
424
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
UTAH—Continued.
OGDEN.
[Tn thousands of dollars.]
Sept. 14,
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Othou real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve bank in process of col lection.
Cash in vault and amount duo from national banks
Amount due from Slate banks, bankers, arid 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 nited S tates 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 mil ional banks
Amount duo to State banks, bankers, and tni.->t companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits).
United Staics deposits
Notes and bills redisconnted
Letters of credit and travelers' checks sold for cash and
outstanding
Total..
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract
of reports
since
September
//>, 1022, arranged
by States
and reserve
425
cities—
Continued.
TIT AH—Continued.
SALT LAKE CITY.
[In thousands of dollars.]
•
Doc. 20,
1922.
Apr. 3,
1923.
Tune 30,
1923.
Sept. 14,
1923.
4 banks.
4 banks.
4 banks.
4 banks.
17.399
73
3. 774
1,305
1.62(5
116
2,291
I. iOii
3,530
17,726
43
4.318
1,471
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, elc
Hanking house, furniture, ami fixture:-:
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 b a n k s . . . .
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
Redem.pl ion fund and due from i Tni Led States Treasurer.
Other assets
Total
*
!.<>,::;i j
3.4-10
I, (VY2
um
s:>
2,307
1,5-14
3.001
1.000
490
30
149
596
009
15
1
7«
9s
' 129
1.S54
1.250
2.719
17,305
34
3,9'):?
1.574
1,K54
129
1,774
1,693
2,825
540 !
439
°44 I
415
114 i
97 I
9,1
32.647 i
32.801. i
32,3 W
2,40il
910
LIABILITIES.
CapMtilstock paid in
Surplus fund
All oilier undivided profits, less expenses and taxes paid.
National bank no!es outstanding
Amount due to nai ional banks.
Amount due to Slate banks, bankers, and trust companies
Certified chocks outstanding
Cashier \s checks outstanding
Demand deposits
\
Time deposits (including postal-savings deposits)
United S(;ales deposits.
United States Government securities borrowed..,
Bills payable (including all obligations representing
money borrowed other than rediscounts')
Noi es and bi 11s rediscounted
Letters of credit and travelers' chcc.es sold for cash and
on ts landing
Liabilities other than those above slated
Total.
2,400
910
870
1.917
2.923
2,400
910
3L9
1.923
1,708
2,400
910
403
1,916
1.602
4.71S
27
427
14,370
4,(570
42
4,318
17
227
14,214
6,624
30
12
4,503
42
395
13.78X
6.373
30
i,9;a
1,530
3,503
26
257
14,303
6.0&»
22
350
257
J
32.SO I !
4!
50 |
32,702 !
2
23
32,647 !
4
19
32,3 W
426
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserve cities—
Continued.
VERMONT.
[In thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
49 banks.
47 banks.
47 b a n k s .
47 banks.
29,294
4f>
7,138
13,3S7
S9fi
30
2,035
441
3,490
29,370
49
6,935
14.082
' 953
39
1,902
' 460
2,600
30,754
70
6,871
14,134
962
40
2,066
434
2. *55
30,785
46
6,948
14,311
965
50
2,074
499
3,257
193
74
311
221
264
113
77
115
213
259
149
104
209
213
330
140
64
138
212
259
57,820
57,233
59,197
59,778
5,410
2,402
2,428
4,379
69
5
5,110
2,524
2,081
4,204
163
9
5,110
2,567
1,923
4,140
98
7
5,110
2,577
2,141
4,215
150
13
2,00*
21
275
15,8S2
22,820
166
2C2
1,691
26
219
14,288
24,370
89
262
1,728
44
224
15,414
25,054
100
272
1,263
29
247
16,622
24,898
64
272
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United Stales Covernment 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
("hecks 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.
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
Liabilities other than those above stated
Total
*
V
27
27
27
27
874
617
115
1,089
954
127
1,487
875
127
1,005
1,016
129
57,233 !
59,197
59,778
57,820
BEPOKT OF THE CO.MPTRO.LLEE 01' THE CURRENCY.
427
Abstract of reports since September to, 1922, arranged by States and reserve cities—
COD tin ued.
VIRGINIA.
[In thousands of dollars.]
J u n e 30.
J923. '
Sept. 14,
1923.
172 b a n k s .
175 banks.
175 b a n k s .
174 banks.
1 S">, 7S9
229
186,856
3 50
1.408
32', 73S
15,489
8,41S
1J125
10,514
4,206
17.957
192,269
156
662
32,717
16,211
8,62!
1,079
10,748
4,727
14,627
192,253
182
65
32,597
16,245
8, 725
1,157
10,108
4,992
.16,365
813 :
1.001 !
'228 j
1,767
1,194
734
1,025
1,003
211
2,015
893
473
781
999
199
285,!67 |
287,751
288,049
23,434
16,561
6,718 ;
19,710
1,744
4,898
23,451
36,512
5,992
19,673
1,382
4,061
23.354
16,502
6,919
19,926
1,543
4,059
0,160
388
871
94,945
95,143
1,628
707
4.670
'427
853
93,962
98,040
1,489
687
5,037
288
745
92,596
98,163
1,326
632
KESOUHCES.
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 Slate banks, bankers, and trust companies
Exchanges for clearing house
t
Checks on other banks in the same place
;
Outside checks and other cash items
!
Redemption fund and due from Ui-itcd States Treasurer.,
Other assets
!
Total.
31,386
15,5*6
Sj 173
1,120
1O'.GK4
4^912
1S'. 853
i, 301
' 758
490
859
9X2
201
284,43S !
2,403
1,223
638 !
I
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, loss 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 aiid bills rediscounted
Letters of credit and travelers' checks sold for cash and
outstanding
Acceptances executed for customers, etc
Acce ptances executed by other ban ks for account of this i
bank
!
Liabilities other than those above staled
\
Total
!
23,144
16,455
7,443
19,308
1,660
4^691
i
!
!
i
:
7,237
303
897
97,902
87,417
1,584
755
3
3
5,734
7,503
4,201
6,369
6,727
8,932
6,832
9,816
4
2,052
23
1,408
3
662
8
64
1
221
1
235
287,751
288,049
286
284,438 I
256 i
285,167
428
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September l-i, 1922, arranged by States and reserve cities—•
Continued.
VIRGINIA—ContmiMMl.
RICHMOND,
tin thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. U,
1923.
6 banks.
0 banks.
6 banks.
6 banks.
RLSOUBCKtf.
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 Kederalrcserve bank in process of collection..
Cash in vault and amount due from national banks —
Amount duefrom 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 duefrorn United States Treasurer.
Other assets
05,390
JO
1,317
9,310
4.479
1, 433
113
5.178
8,818
3,429
61.837
1,627
8,652
3,386
1,765
136
3,924
8,002
2,619
674
8,404
3,40S
1,958
11.%
4,255
11,432
3,083
1,257
1,330
65
309
120
12 L
Total.
63,979
11
1,739
9,306
3,615
1,675
136
4,859
7,698
3,405
1,756
1,205
86
59
118
161.
1,309
1,273
30
127
117
142
1,947
871
81
102,685
99,
'
65,727
14
its
91,9fif>
117
163
102, 4IS
LIABILITIES.
Capital stock paid in
!
;
Surplus fund
All other undivided profits, less expenses and taxes paid.
National bank notes outstanding
i
Amount due to national banks
<
Amount due to State banks, bankers, a n d trust com- j
panics
\
Certified checks outstanding
!
Cashier's checks outslanding
i
Demand deposits
'
Time deposits (including postalsavings deposits)
!
United States deposits
United States Covernment securities borrowed
!
Bills payable (including all obligations representing I
money borrowed other than rediscounts)
'
Notes and bills rcdiscountcd
'
Acceptances executed for customers, etc
•
"
!
Liabilities other than those above stated
Total
i
I
5,100
5,800
2,399
2,354
12,048
5,800
5,810
1,889
2,283
11,609
5,800
5,840
1,904
2,256
9,867
6,300
6,140
2,2K2
2,313
11,60(1
12,341
279
198
33,100
17,837
2,524
719
11,992
390
144
30,972
18,514
1,238
694
9,943
338
222
30,855
19,041
1, 101
769
10,3*2
347
244
33,774
18,987
50.5
706
2,071
4,043
971
301
3,198
3,167
1,739
339
2, S')S
2,310
1,627
355
5,709
1,95(4
700
322
102,685
99,808
94,966
102,4*5
REPORT OF THE COMPTROIXKPv OF THK CURRENCY.
429
Abstract of reports since September I/), 1932, arranged by Stales and reserve cities—•
Continued.
[Tu thousands of dollars.]
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Govern me n t securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve hank
Ttcms with Federal reserve bank in. process of collection.
Cashin vaultand 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 i terns
Redemption fund and due from United States Treasurer.
Other assets
55,290
157
13,668
14,965
3,643
1,071
5,020
9ft
9,935
Total..
LIABILITIES.
Capital stock paid in.
j
Surplus fund
All other undivided profi ts, less expe n sos a 1 d taxes paid. •
1
National bank notes outstanding.
J
Duo to Federal reserve banks.
!
Amount due to national banks.
,
Amount due to State banks, bankers, and trust companies
Certified checks oulstanding
Cashier's cheeks outstanding
,
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
United States Ooyernmen t securities borrowed
Bonds and securities, other than United Slates, borrowed
Bills payable (including all obligations representing
money borrowed other than redUcounis)
Notes and bills rcdiscounted '.
Letters of credit and travelers' checks sold for cash and
outstanding
Liabilities other than those above f-tiu«i«i
Total
6. MO
3, (594
!. 435
2.944
1
399
6,<>30
a, 679
847
2.817
1,109
IIS
622
42,09S
31.ISO
4S1
2S">
1.299
7S
07")
49,425
32.332
482
311.
1.X51
1, J.9-J
1.452
535
1
71.
I
I
91,117
101,033
6, 742
3,781
769
2.S30
1
389
Uti
591
47.855
34.071
629
305
0.787
3. ^17
1, 0»»»
2,95(1
6(2
4S, 67(1
34,9tt
474
53
1.723
1,320
2, 121
I
2-Ti
102,243
t(>--., K2*
430
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of report* since September 15, 1922, arranged by States and reserve cities—
Continued.
WASHINGTON—Continued.
SEATTLE.
[In thousands of dollars.]
Dec. 29,
1922.
Apr. 3,
1923.
10 banks.
10 banks.
52,06G
56,366
o5
813
June 30,
1923.
Sept. 14,
1923.
10 banks, i JO banks.
KESOL'RCES.
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
Ot her real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve hank 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 l.'nited Slates Treasurer.
Other assets
20,643
12.092
2,874
384
6.45J
3; 560
10,233
4,352
2,549
94
368
S2
292
4,902
3,112
72
360
s2
244
4,569
2,388
244
488
100
226
f>, 301
2,578
58
737
1(K)
234
118,656
Total.
11,687
2,882
388
7, 2S5
3,586
9, 791
50,603
50
494
20,762
12,269
2,901
3S9
7,259
3,429
9,5:3
J22.243
121,6*4
123,795
6,200
2, 700
1,932
1,035
5,206
6,200
2,705
1,501
1,633
5,928
6,200
2,710
1,480
J,9S2
5,602
6,200
2,7.10
1,967
2,006
5,948
8,017
463
1,267
59,506
29,252
3,792
838
8,311
310
1,591
59,658
29,863
1,849
935
8,607
285
I, 194
60,877
30,543
1,513
1,261
70
60
79
488
•10
392
19,799
57,556
48
354
.19,272
11,904
2.915
'590
7,560
4,257
10,531
UAIHl.mKS.
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 j
outstanding
;
Acceptances executed for customers, etc
'
Acceptances executed by other banks for account of this I
!
bank
Liabilities other than those above stated
;
Total.
8, 447
251
1,221
57,357
29,211
3,278
707
47
399
46
899
400
85
68
561
64
66
7
72
77
118,656
122,243
121,684
123,795
40
REPORT OF THE C.'OMPTROIJJOR OK THE CURRENCY.
431
Abstract of reports since September hr>, 1922, arranged by States and reserve cities—
Continued.
WASHINGTOX-(V)ii(iniicil.
SPOKANE.
[Tn thousands of dollars.1
Doc. 29, i Apr. 3,
1922.
1923.
J u n e 30,
1923.
j Sept. 14,
1923.
3 banks.
3 banks.
3 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 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 ban ks, 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
24.258
' 19
15
3J7O
I', 120
1,449
135
1.891
1.056
3,011
3,271
1,061
1,598
178
1,706
1,149
2,038
3,278
1,381
1,610
178
1,8M
1,382
3,421
1,256
432
4
48
112
139
1,234
471
5
55
112
96
1.323
33
112
199
38,S86
39.623 I
41,202
2.000
600
6-47
2,240
2,117
2,600
600
472
2,235
2,406
2,600
600
413
2,194
1,781
2,871
61')
517
2,234
1,749
4,289
' 36
183
12.760
12;205
43
3,365
66
203
14,161
12,421
2,505
43
164
13,873
12,590
60
4,050
59
173
13,003
13,017
8')
282
6
2,784
16
38,886
39,623
24
113
101
'
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 rediscountcd
Acceptances executed for customers, etc
Liabilities other than those abovo stated
Total..
26,034
40
38,203
M ANILITIES.
26,607
26
16
1.363
425
Total.,
24,416
13
6
3,280
1,295
1,525
135
1, «74
1.190
3,158
191
2,612
3
3-s, 263
41,202
432
BliPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15} 1922, arranged by States and reserve citiesContinuecl.
WASHINGTON"—Continued.
TACOMA.
[In thousands of dollars.]
j Deo. 29,
1922.
1 bank.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
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 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..
8,874
5
242
1,594
1,714
663
90
1,009
27
2,146
12,321
9
307
2,007
1,771
1,116
90
1,675
42
1,692
11,973
16
253
2,164
1,620
1,116
91
1,343
65
2,400
11,461
363
163
18
85
89
415
243
29
35
87
386
206
138
35
78
489
183
32
35
141
21,839
21,881
21,419
1,000
250
251
700
253
1,500
350
154
688
386
1,500
350
85
683
238
250
208
683
332
649
17
85
7,865
681
36
132
11, IKS
6,355
43
307
19
464
359
106
11,072
6,703
48
253
23
10,451.1
7,0M
52
61
21
21,839 j
21,884
21, 119.
17,032 |
6!
2,223
1,605
1,051
90
1,276
69
2,699
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
Acceptances executed for customers, etc
Liabilities other than those above stated
Total..
242
21
17,032 i
7M
29
at
EEPOKT OF THE CO-MPTUOLLEK OF THE CUllKli-S'CY.
433
Abstract of reports since September 15, 1922, arranged by Stales and reserve ciliesContinued.
W E S T VT1? OINTA.
[Tn thousands of dollars.]
Itoo.20,
1922.
Apr. ?,,
1923.
June 30,
1923.
Rep I.. 14.
.125 banks
125 banks.
I
I
123 b a n k s .
124 banks.
vm.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Lnited vStates Government securities
Oiher 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 processor collection.
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
Outside checks and other cash items
Redemption fun dand due from United States Treasurer.
Other assets
127,9*4
15*
23,0U
16,645
5,957
79*
7,9H
1,71S
15,722
1,701
495
442
458
539
642
301
257
3S9
510
010 '
1,455 !
479 :
33(5
292
532
014
193,079 !
Total..
127 722
" 'llS
23,634
10,570
5,875
791
8,243
1,250
13,770
200,184 ;
202,202
204,3IS
.120,013
.149
21,Slf>
.11,799
5, 505
921
8,20K
1, K55
10,250
I,.". IS
3 19
215
4SS
123,36?
129
23,525
10,411
5,755
675
8,377 i
999 i
17,234 j
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, bank.Ts, and trust companies
,
Cei'tiftVd chocks ouls landing
,
Cashier's checks outstanding
,
]tomand deposits
,
Time deposits (including postal savings deposits;
,
Uni ted. Stales deposits
,
United States Government securities borrowed
,
Bonds and securities, other than United Slates,
borrowed
Bills payable (including all obligations representing
money borrowed oi her than rediscoun l-s)
Notes and bills rediscount ed
Letters of credit and travelers' checks so-d for cash and
outstanding
Liabilities other than those above slated
Total..
12. WO
9, 189
12,580
9,807
12,780
10,401
12.801
10,464
5,221
900
3,2.11
4,050
10,487
420
3,098
4,597
10,355
439
2,962
5,231
10,557
' 3 »:-•
2,465
5,300
375
1,443
74, .'{Si
62,389
1,323
1,035
7,037
200
564
80,070
65,512
703
658
4,853
272
654
80,32466,233
608
521
5,270
isi
67J
80,211
07,119
39*
622
4.101
1.500
2,890
706
4,072
2,278
186
1
622
200,184
10.-107
95
193,079 |
J52
202,202 I
5,70ft
1,913
I.7J
201,315
434
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 15, 1922, arranged by States and reserce cities—
Continued.
WISCONSIN.
[In thousands of dollars.]
Dec. 29,
Apr. 3,
1922.
: 1923.
June 30,
1923.
Sept, 14,
1923.
151 banks. ; 151 banks.
151 b a n k s .
151 banks.
132,005
231
190
26.745
29'. 774
7,818
908
9,089
554
20,135
142,830
233
75
27,901
31,013
7,888
1,051
10,170
514
22,277
141,947
243
4
28,372
30,958
8,359
908
9,6J6
807
20,198
143,000
302
1,006
238
548
559
575
347
2,209
709
094
378
580
417
1,947
315
828
391
584
504
1,563
301
625
360
580
492
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
".
Customer's liability account of "acceptances"
United States G ovomment 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 bankin process of collection..
Cash in vault and amount due from national banks
Amount duefrom 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 duefrom United States Treasurer.
Other assets
Tot-
28,013
31,554
8,530
928
9,518
894
20,527
232.105
218,939 i
248,981
247,259
10.910
8J 058
5,913
11,449
22
17,000 !
8,087 !
5,292 j
11,482
' 225 i
1,320 :
17, 275
8,290
5,005
11,396
19
1,039
17,275
8,290
5,739
11,612
52
998
7,018
150
684
81,397
110,138
384
53
LIABILITIES.
Capital st ock paid in
Surplus fund
All other undivided profits, 1 ess ex penses 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 G overnment 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..
5.779
121
932
74,897
100,853
775
07
7,073
246
718
88,095
104,681
955
50
6,985
105
723
84,804
109,178
S75
52
1,087
3,239
082
1,619
820
1,734
190
0.18
232,105
75
079
4
617
652
248,939
248,981
247,259
1,398
1,416
435
REPORT OF THE COMPTROLLER OV THE CURRENCY.
Abstract of reports since September In, 1922, arranged by States and reserve citiesContinued.
WISCONSIN—Continued.
MILWAUKEE.
[ In thousands of dollars.]
Doc. 29, j Apr. 3,
11)22.
; 4 banks,
1923.
j 4 banks.
J u n o 30,
1923.
Sept. 14,
1923.
! 4 banks.
•, 4 b a n k s .
EESOUKCKS.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of" acceptances '
United States Government securities
Other bonds, stocks, securities, el c
Banking house, furniture, and fixtures
Other real estate owned
I.awful reserve with Federalreserve bank
Items with Federal reserve bank in process of collection.
Cash in vault and amount due from national banks
Amount duefrom State banks, bankers, and trust coinpanics
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redemption fund and duefrom United States Treasurer.
Other assets
Total.
274
9,019
4,90S
3,429
230
0.398
3,579
9,221
4.252
2,170
30
•10!
I S3
400
.127,139
92,772
40
30-1
9. ISO
5; 113
3,42S
230
7,71!
2,1 S3
10;160
4.777
2.270
21
251
l«:i
373
139,011
88,774
22
610
7,870
4,800
3,137
230
8,881
4,457
9,935
90.373
00
280
8.739
4,801
3,430
230
7,259
3,258
9,030
4.807
2; 131
90
229
183
372 !
_i
5,257
1,853
92
187
183
374
137,022
13:% 878
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 sa\ ings deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing
money borrowed other than rediscounts)
Notes and bills rediscountccl
Letters of credit and tavelers' 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.
'j
8,000
4,800
3.800
3; 650
7S5
ft, 202
8,000
5,800
2,733
3,055
809
8,508
.10, 170
290
730
53,843
24,407
1,524 I
100 j.
20,297
308
350
55,530
25,043
2,376
132
405
51,877
25,320
1,739
020 i
1,409 ;
595
4,148
1,325
7,900
197
10
13
7
30
392
291
473
127,139
139,011
250
480
135,878
8,000
5,800
2,710
3,541
1,110 '
7,313
!
j
j
!
I
8,000
5,800
3,068
3,059
1,551
6,936
18,801
146
352
50,011
25,775
736
50
4,966
603
462
137,022
436
REPORT OF THE COMPTROLLER Or THE CURRENCY.
Abstract of reports since September lo, 1922, arranged by States and reserve cities—
Continued.
WYOMING.
[In thousands of dollars.]
Dcf. 29,
1922.
Apr. 3,
1923.
Juno 30,
1923.
Sept. 14,
1923.
16 banks.
45 banks.
45 banks.
3*. 371
64
3,703
3,110
1,533
251
2,S2S
17
9,764
40,153
48
4,090
2,477
1,513
254
2,917
8
8,099
40,94.1
52
4,035
2,521
1,564
355
2,823
4
8,041
41,512
65
4,300
2,815
1,602
372
2,877
24
8,111
720
320
113
119
120
48
540
237
139
116
125
44
558
311
127
117
124
52
632
219
1W
114
129
52
61,0*1
60,790
61,625
62,942
3,395
2.675
841
2,3SS
3, 495
2,6.1.8
443
2,458
3,445
2,608
3,445
2,62*
| 40 banks.
KESOl'RCES.
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 Sta te banks, bankers, and tn Ist com- !
panies
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
Due to Federal reserve banks.. I
Amount due to national banks.
Amount due to Slate banks, bankets, and trust companies
Certified checks out st anding
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 arid bills red.iseounted
Letters of credit and travelers' checks sold for cash and
outstanding
Liabilities other than those above stated.
Total.
1,834
1,628
2,439
29,309
15,93S
152
14
2,702
105
430
2*, 676
16,778
136
42
453
983
15
6
61,081
17
622
460
517
2,433
4
1,646
2,554
2,204
2,209
1,909
83
526
65
438
29,503
16,410
31,332
16,329
452
784
11
2
403
439
86*
60,790
61,625
62,942
157
34
15*
3'l
30
23
TABLE N O . 57.—Abstract of reports of condition of national banks in each Federal reserve district at dale of each report during year ended
September l/h 19x3.
DECEMBER 29, 1922.
[Tn thousands of dollars.]
District
Xo. 1
(390
banks).
District
No. 2
(667
banks).
District
No. 3
(fi^
banks).
Loans and discounts (including rediscoun Is s •S63,161 2, 822,068
Overdrafts
91)9
377
Customers' liability account of acceptances.
43,300
101,521
United States Government securities, etc.. 176,1So
S!)2,747
203,231
Other bonds, stocks, and securities, etc
665,577
68,906
29,824
Banking house, furniture, and fixtures
4,413
Other real estate owned
8,863
405,448
78,828
Lawful reserve with Federal reserve banks.
Items with Federal reserve banks in pro101,342
cess of collection
34,891
69,330
Cash in vault
25,400
60.098
57,803
Amount due from national banks
Amount due from State banks, bankers,
7, r.67
33,671
and trust companies in the United States.
2s,$25
569,941
Exchange for clearing house
37,428
1,34")
Cheeks on other banks in the same place
13,614
Outside checks and other cash items
4.505
Redemption fund and due from United
2,554
4,510
States Treasurer
Other assets
23,017
135,515
.871,0X0
202
i:i,5ii.
I
|
\
|
District
Xo. 4
(764
banks).
District
Xo. 5
957,096
0!i5
2, 005
2SS.3S8
312,602
5S.707
5,892
!
764,984
(562
banks).
District
No. 6
(393
banks.)
District
Xo. 7
(1,061
banks).
District
No. 8
(4S7
banks).
District
No. 9
(x70
banks).
District
No. 10
(1,099
banks).
009,532
1,112
2,7*3
97,03s
7S 102
23,805
7,942
14,187
784,958
1.990
' 544
124,963
86,352
34,357
7,015
70,431.
District District j
No. 11
No. 12 i
(656
(613
! (8,220
banks), j banks). | b ^ k)
g
3
n
RESOURCES.
Total
213,163
372,972
37,460
3,647
92,655 j
SOI
0,s97
140,301.
95,771
37,823
5,340
93,397 I 54,311.
457,755 '1,576,692
640
-'"""
1.. 099
IS, 109
1,841
294,99s
91,001
41,874 233,01S
05,3S7
23,552
S, 539
3,313
105,800
35,s37
499,79s |
X50
1,034
120,314
93,784
19,050
3,307
46.264
• 528,868
2,148
i
3,707
j
i 107,572
25,969
I
28,984
I
9,724
|
48,326
I
861,340 j 1,597,332
l
1,555
13,044
13,090
20S, 465
195,006 2,652,990
137,320 2,340,575
42,609 ' 470,524
7,169
75,104
sr>, 303 1,220, S47
49,050 i 40,775 ! 35,250
35,120 ! 44,753
25,751
81.627 ' 98.047
58.021
14,1.87
IS,332
56,390
55, si 0
59,039
155.653
2s,0ls
17,012
03,508
in,sso
17,089
79; 933
33,959 ! 24,343
2*.098 I 20,529
] 40^ 980 I 98,237
27.275
29,994
ins,497
22,270
0,045
1,6X1
2,580
51,244
47,702
•1,557
5,93S
23,4S0
12,207
1.07-1
•2,190
22,516
s.319
], 375
5,908
42,413
17,500
12,12.x
5,522
3,700 : 2,501
4,380
3,093
42,589
22,469
2,284
8,359
316,537
777,572
09,806
02,194
1,421
ll5s()
2,1S2
1,444
1,698
3,604
2,525
1,601
3,177
1.1,411
36,S00
205,930
13,895
36,642
8,6*9
3,6-14
! 22,438
! 15,905
: 2,413
: 3,597
2,971. i
8,570 j
5,079
4,309
3,200
2,300
'1,592,034 j5,X94,X42 JI,.X44,*9S I,95O,1S8 -1,260.038
2.150
' 79S
7X0,273 |2,700,972
2.321
]',595
C
H
935,582 1,010,009 11,386.202 i 931. K09 1,600,107 21,905,554
ft
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits less expenses, interest,
and taxes paid
National bank notes outstanding
Amount due to Federal reserve banks
Amount due to national banks
h3
H
455,792
391,050
1,064,806
16,885
1I,SO7
2,813
3,651
a
c
i 104,957 I 25S, 523
' 86,324 I 304,307
i
I
: 51,031 I 133,081
:
49, ssi ; 87,168
0, 824
:
3,628 ;
44,435 ! 300. S17
93 607
139,857
49JSX
5-x', 39fi
2,044
63,0S4 i
127,930
109,231
90,750
66,842
5s, 63s
37,640
173,457
llfi,175
OS,508
33;278
59.025
99'. 709
2,545
69.110
32,195
03.109
7.381
30,900
17,477
42,037
770
27,401
OS, 00S
87,713
1,290
159, 702
20,275
42,977
272
54,232
07,200
36,741
90,318 ! 78,050
47,347 : 41,050 23,849 '• 21,022 |
21,864
33,520 i 45.784
49J540 :
153 I
1,075!
43,164 : 105,420
00,476 !
104,130
50; 217
1,310,200
1,075,015
29,910
02.877
' 921
70,551
52s. 725
723,317
28,109
1,035; 95S
C
TABLE N O . 57—Abstract of reports of condition of national banks in each Federal reserve district at date of each report during year ended
September 14, 1923—Continued.
DECEMBER 29, 1922—Continued.
[In thousands of dollars.]
District
No. J
District
No. 2
(067
banks).
(390
banks).
LIABILITIES—continued.
I
District
No. 4
(764
banks).
District
No. 5
(502
banks).
District
No. 6
(393
banks).
District District
No. 8
No. 7
(4X1
(1,061
banks.) j banks).
District
No. 9
(870
bunks).
District
N o . 10
(1,099
banks).
District
No. 11
(650
banks),
! District
I N o . 11
I (613
j banks).
Total
U nited
States
(8,220
banks).
I
Amount duo to State banks, bankers, and i
trust companies in the United States and j
foreign countries
567,215
Certified checks outstanding
!
7,169
1X5, 2 U
Cashier's checks outstanding
j
7,692
161,060
Demand deposits
\ 735,989 2,618,931
Time deposits (including postal-savings j
deposits)
302,973
807.013
United States deposits
! 17,333
139,104
United States Government securities bor- |
1,192
2,773
rowed
:
Bonds and securities other than United j
27
States borrowed
!
Bills payable (including all obligations representing money borrowed other than
rcdiscounted)
16,99G
104,759
Notes and bills rediscounted (including acceptances of other banks and foreign bills
of exchange or drafts sold with indorsement)
32,997
35,095
Letters oforedit and travelers' checks sold
113
for cash and outstanding'.
2,015
Acceptances executed for customers and to
furnish dollar exchange less those pur9S, 305
chased or discounted
39,954
5,357
13,909
Acceptances executed by other banks
942
38,352
Liabilities other than those above stated...
T o ta 1
S e p t . 15, 1922
Increase
' District
j No. 3
! (658
I banks).
I
1,01,098
2is, 458
287,717
9.532,019
122, OSS
2,993
12,097
769,534
96,319 j Ox,!«I
4,259 i
3. 170
7,00.x |
4, 8S2
823,723 i 407,188
259, 181 j 91,000
50,079
S.N9X !
353
X4S
15,691
5,050
3, 470
398,584
327, 495 1,163,023
69.001
' 805
12.090
347, 828
111.051
I., 439
23,593
043,042 |
50, 459
547
10,902
A 70, 369
114,954
2,676
24,0X0
736.313
443, 172
17,941
172.914 j 313,933
11,030
21,430 :
ISO, 219
7,684
573,160
25,418
IS 1,879
9, 961
339,007
8, 447
215,918 j
S, 954
103, SOU
14| 484
323,326 ! 4,317,923
16, 108 ! 301,794
2,907
3,070 i
11,132
3,217
729
3,487
250
1,832
0X1
3,030
34,015
.1
70S
122
175
10 L
373
11
491
108
782
2,948
23,990
28,430
5, 820
27,367
15,051
13, 574
11,121
5,193
15,594
310,781
18,905
2S, 280
15,395
45,145
17,8^3
20,198
12,0S0
22,0.13
262,421
104
28
400
4,872
13,284
368
2.561
199,844
23,631
70,049
39,280
|
S.2S9 j
54 !
.12,162 ;
2.090 j
4,092
.14
214
2,068
53 !
2,009 !
6, 730
71.
2, 138
• 1,592.034 '.894.842 i 1.841,898 11,956,1X8 ;J ,206.038
• 1,525,852 5,455,019 1,766,742 l,X82,X07 II, 193, 938 :
439,823
78,156
73.381
72,100 !
I 06,182
2. 162
207
807
1,763
17.634
1,053
13', 2x0 i
0,111 '
35
1,064
1, 796
23
2,306 i
423 I
1,515 ;
540
1,589
780.273 2,760,972 ' 935,582 1,010,009 i 1,386,202
719,298 2,694,370 .: 849,171
977, .136 .1,364,808
60,975
39,473 ! 21,394
00,002 ; 86,41.1
,600,107 24,965,554
1,573,233 20,916,859
26,S74 1,048,695
CO
APRIL 3, 1023.
hi thousands of dollars.]
District
No. I.
(3SX
banks).
District
No. 2
(
banks).
District.
No. 3
(65x
hanks).
District
No. 4
(763
banks).
District I District
No. 5 ' No. 6
(563
: C300
District
No. 0
(X63
banks).
District i District
No. 7 • No. 8
(1.062
(404
banks). I banks).
District
No. 10
(1,105
banks).
District
No. II
(658
banks).
Total
; District
United
' No. 12
:
; (604
•'
! banks.). j ) c
H
RESOL'RCKS.
Loans and discounts (including rediscounts)
Overdraft
Customers' iiabiliiy account of acceptances.
United States fJovernment sccuriiies, etc..
Other bonds, stocks, and securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve, with Federal reserve hanks.
Items with Federal reserve ban ks in process
of collection
_
'
Cash in vault
Amount due from national banks
Amount due from State banks, bankers,
and trust companies in the Tinted States.
Exchanges for clearing house
Cheeks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
002,01X
307
170,921
2IO; 132
.061. Til?)
209
00, 3-V3
70}', I II
ti-13,x|2
70,020
")'. 050
365,006
226, 00<>
371.340
3S.080
3, 607
SS.S2L
00.042
61.744
55, 1.54
i j . ;>.if>
577
2, 73/,
30 j ; 4X7
3I6,OS2
604
r
f>.. )iN
462,047 1.637,025 ! :.i»9..r>xo
I,S5| j
766
;»os
i 2,677 j
i. 388
i.212
206.676
26,290
04)017
()sm 234
244.202
43,004
67'010
10/276
23,032
3.407
0.473 I
3,580
47)021
161,520 j
36,654
I3,2S|
51.824 ' 26.016
15; 401
13,506
54.640
56)728
51,919
175.179
612,406
Oil
3. 85 i
105'777
SI.125
23)978
0; 405
46,768
1,66X
108
131.007
85,548
3-1.962
7.077
74,309
530,311
I'.527
1.915
11«);257
2ii) 02S
30,024
10,370
45,602
I S7*,033 11,665,565
i
1,702 j ' 11,661
'
15; i6S j 202,81:6
j 203,9X4 ! 2.WHV.575
I 329)142 ! 2,345; 013
! 42,130 ' 479)163
!
7,211 !
82,125
j 82,372 | 1, 170,500
S, 540
15)112
75,527
*'S 785
•I")! 237
116,620
is.902
17;245
82,035
21,677 j 424.620
25,323 | 358.450
OS,641 1,032)503
55,xoi
38,045
26, I I M
3.189
6) 478
300,6SX
526, 224
57.3M
53,923
3,102 •
11)577 !
36,860
154,952
r,2,4o:»
34.32S
75, 732
11.671
40)541
08,841.
30.004
23,01.")
60)233
17.60.'}
33'. 555
7,000
2.511
23,333
17) 360
2,340
3,064
IS,424
13.7X0
3. 2X8
2,707
24, 853
(), 030
'1,043
2,532
51,412
48)360
5,165
5,880
21,202
7,028
1,300
i,635
21,522
7,001
I.5I4
5,901
36,006
13,712
4.338
3,894
15,516
i07
435
195
4, 546
00, 253
37,3X4
2X,440
100,202
114,013
91 j564
30.173
.-)'. r>7x
53) 2S6
24,354
323.X0I
23)206
11,506
30'. 7;").-,
0,652
76.040
2.003
5)867
5.060
5,285
3,200
1)765
>. 165
005
1,536
12,444
2. 102
1) 622
1,732
4,563
2, 306
1)502
4XX
L 007
r>*6i7
1,631,070 5, 2X0,270 l.S66,03l 12,030.066 jl,276,008
3
J
020,863 11,596,975 21,603,171
700,785 2,841,0X3
r
r
LIAIUUTIKS.
Capital M ock paid in
Surplus fund
Undivided profits less expenses, interest,
and t axes 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
106.057
83, 260
250,327
207,316
0,700
1 3 0 , ;VHJ
53,210
40.SSI
3! So")
3x)713
7;061 I
3(V>)558 !
84,820
470,381.
X9'. 496
03.703 i 120,030
140,2X7 I 111,720
-r..r>27 i 50,740
5^,354 I 100,234
!, 672
2,423 !
6S,878
5S|3OS ;
124,0IT) ; 100,957
02, 506
67) 860
5S.744
36,130
175,313
118,003
28.852
63)604
5, 742
36'.71S
15.332
42.S20
1) 052
28, 6X6
50,340
80,032
10,024
43,051
'246
40,182
64,223
54,613 I 200,507
1,3,60
J6S.292
103, 865
55)870
1 318, 304
.
i;067, 062
2:*..704
6 j135
l
573
59, 747
486, 067
727, 574
26, 517
1,O.I.5; 5! 8
68,146
16,693
60, 5','fi
33,667
I
!
I
!
80,531. I
91 ,07s
16) 442
16.360
U , 235
1
15.952
10. 107
45)560 ;
10 :
105, 166
17 05")
40'. 173
1)622
50,318
75,181 j
115.414 ,
46,406 ! 100,500 , 1,644,037
70.030
30,676
9
CO
CO
TABLE N O . 57—Abstract of reports of condition of national banks in each Federal reserve district at date of each report during year ended
September 14, 1923.
[^
^
A P R I L 3, 1923—Continued,
p n thousands of dollars.]
District
No. 1
(388
banks).
District
No. 2
(676
banks).
District
No. 3
(658
banks).
District
No. 4
(763
banks).
District;
No. 5
(563
banks).
District
No. 6
(390
banks).
w
District
No. 7
(1,062
banks).
District
District
No. 9
(863
No. 1.0
(1,105
banks).
District
No. 8
(494
banks).
banks).
District
No. 11
(658
banks).
District
No. 12
(604
banks).
Total
United
States
(8,224
banks).
Li ABILITIES—continued.
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 rediscounted)
Notes and bills rediscounted (including acceptances of other banks nnd foreign bills
of exchange or drafts sold with indorsement)
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
Liabilities other than those above stated...
Total
Dec. 29,1922
Increase
Decrensu
M
2,772
148,467
27,275
176. (XW
731,313 9,176,690
4,687
118,517
7,092
67,067
717,512 2,276,040
3,555
8,910
754,152
3,801
5,908
872,082
2,399
4,125
469,606
621
8,338
2,826
13,767
327,872 1,168,150
628
4,536
396,135
884 i 1,834
9,776 I 15,904
342,542 i 657,287
339,714
18,904
857,991
86,195
504,258
23,624
365,896
13,163
194,292
10,004
591,635
24,258
190,694
8,104
354,814 ! 257,761 i 116,434
9,100 ; 10,665 ! 19,943
330,785
16,759
4,579,316
262,146
768
3,112
475,042
21,427
1,268
10,877
3,425
876
3,598
3,484
233
1,764
1,514
3,161
34,080
27
50
715
381
175
38
1,480
11
568
58
658
4,16L
18,690
143,965
52,71.9
20,504
25,295
4,486
45,494
9,513
11,672
9,666
6,024
22,137
370,165
40,830
59,754
9,906
15,303
24,134
9,281
44,299
12,210
15,193
16,570
15,592
27,395
290,467
175
2,400
150
220
86
1,724
34
42
80
52
576
5,539
56,739
5,856
1,180
86,649
13,740
12,940
10,416
3,0S4
3,595
2,698
164
1,563
6,451
67
2,285
13,430
1,699
12,708
1,406
3.397
534 !
1,563 !
108
1,915
1,310 |
16,077
'890
2,675
200,873
26,144
43,924
431
8,844
403,990
o
6
w
o
W
1,587
110
1,269
1,850
980
790,7S5 2.841,083 j 934,371 11,020,83K . 1,396,393 920,863 1,596,975 21,603,171
780,273 2,760,972 ! 935,5*2 11,016,609 ;l,3H6,202 ! 931,809 l , 000,107 21,965J5"»4
'
80,111
10,512
10.029 i ' 10,191
1,211 !
'
.
.....I 10,940
3,132
362,383
1.631,979 5,289,279 1,866,931, =2,030**66 1,276,908
1,592,034 5,894,842 1,844,S9S J,956, INS l,266,03S
22,033 ! 74,778 j ' 10,870
39,9-15
605,563
i
I
1 f\
t \C\t\
1 i\
1
/\1
O
H
w
d
9
o
<
JUNE 30, 1923.
[Tn thousands of dollars.]
District
No. 1
(390
banks).
District
No. 2
(0X0
banks),
: District
; No. 3
; (600
i banks).
District ; District
No. 5
No. 4
(704
(501
banks). banks).
District
No. 0
(389
banks).
District District
No. 7 j No. 8
(1,002 | (497
banks). ! banks).
I District
No. 11
(058
banks).
District
No. 12
(002
banks).
804,946
1.430
109
135,032
80,520
30,285
8,742
72,947
519,186
1.280
1,214
112,173
24', 445
31.337
10,039
43,384
914,937
1.101
11,009
207.007
133,882
42.953
7; 769
85,648
District
No. 9
(807
banks).
District
No. 10
(1,106
banks).
500,507
004
882
127, 830
98,681
19,303
3,012
44,295
607,887
1,070
2,S80
110,493
79,970
24,0^
10,923
42,401
Total
United
States
(8,230
banks).
RESOURCES.
i Loans and discounts (including rediscounts) 997, ISO 2,032,976
923,237 1,022,005
785,
•Overdrafts...
005
395 I
811 ';
197
Customers' liability account of acceptances.
3,093
43, KM.
94,212 I 12,299
4,
jUnited States Government securities, etc.. 1*5,079 745,023 ! 228,299 297,047
143,
Qlher bonds, stocks, securities, etc...
223,399
1)49,015 I 378,041
324,290
95,
Banking house, furniture and fixtures
33.388
70,328
39,834
00,313
40.
Other real estate owned
10,358
4,972
3,307
6,707
0.
Lawful reserve with Federal reserve banks.
84,138
330,396
89,646
98,020
Items with Federal reserve banks in process
35,355
of collection '.
45,871
31,700
38,251 ! 92,657
32,254
25,374
Cash in vault
20,870 j 48,981
10,727
90,279
52,741 I
50,319
66,908
Amount due from national banks..
53,413
Amount due from State banks, bankers,
!
!
7,,0c! 28,709 i 16,022
1.0,1.78
and trust companies in the United States.
22,778
19, 193 i 302,235 ! 30,875
Exchanges for clearing house
10,603 ; 14,525
1,309 i 30,005 I 8,177
Checks on other banks in the same place...
3,488 I 4,073
8,801 ! 10,979 .
Outside checks and other cash items.
4,725
3,920 : 3,778
Redemption fund and due from United
5,058 ' 3,243
2,909
2,502 I
4,610
States Treasurer
j
5,210
4,954
Other assets
!
2, 181
.Total
; 1,742,901 % 192,050 1,880,997 2,027,441 1,274,138 I
401,648 1,638,824
434
1,083
579
11,414
93.410 304,379
48. 276 231,977
24.953
70,100
3; 047
10,154
35,409 104,597
11.815,029 "
10.42S-187,131
2.690.3712,374,935
493,209
87. US
1,142,730
10,200
11,376
45,101
46,197
47,688
154,238
21,682
11,440
40,216
8,754
14,238
07,115
25, 871
22,741
120,256
10,357
14,471
61,855
23.950
24; 285
94,425
396,911
290,445
908, S6tt
19,789
5,744
2.252
2,214
61,659
41,097
5,705
5,893
10,494
7,732
1,428
1,922
21,099 j 31,48S
7,300 :j 12,125
1,082
3,924
7,014 I 4,241
12,057
5.220
2,424
3,006
40.931
23,01.2
2,985
8,993
205,370
480,333
08,112
71,552
2,103
1,055
4,604
11,989
2,200
1,014
!
70s, 316 2,S12,S04
1,751 j
4,428 I
2,291
1,312
2,497
3,129
37,0S3
140,573
10,020
1,443
912,508 1,013,171 ; 1,370,200 1 803,054 1,037,302 21,502,202 /
LIABILITIES.
Capital stock paid i n —
Surplus fund
Undivided profits less expenses, interest,
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 checks outstanding
Cashiers' checks outstanding
Demand deposits
111.001
80.990
251,5-17
292,0.11.
94,075
141,945
128.290
113,444
92, 801
08, 85]
58,755
36,227
176,901
117,034
70,520
34,099
68,310
30,425
91,082 I SO, 430
40,251 I 39,547
104,420
55,996
1,328,141 \
1,070,020 j
54,259
49,397
3,757
34,273
128,032
89,776
0,178
239.004
44,309
57,541
2,722
27,380
62,722
5,945
31,082
15,290 j 58,52-1
41.898 ! 88,937
'057 ' 1,414
21,901
140.696
18,516
42,308
314
42,420
15,973
34,180
ryf>. 0 9 8
53.490
US', 3 0 H
1,370
01,194
18,240 ! 17,041
44,838 i 48,474
1^315
88,800 I 36.279
23,740
61.050
51.7
52,470
470,078
719,489
24,194
8138; 224
73,353 525,379
28,470
4,143
5,5G2 103; 962
786,120 2,341,952
105,519
2,839
6,708
764,625
90,371
2,981
0,113
866,2S3
54.121
2,783
4,588
458, S17
43,148 282,355
540 i 4,812
2,721 i 9,831
308,650 11,201,067
76,980
049
3,670
377,327
56,042
2,101
9,3*0
343,075
I 32,128
313
'
i 8,286
; 431,608
103,178
2,935
22,295
761,299
1,546,273
54.117
198'. 890
9,283,984
33,741
98,693
1,545
15,708
642,555
TABLE N O . 57.—Abstract of reports of condition of national banks in each Federal reserve district at date of each report during year ended
September U, 1923.
to
JUNE 30,1923—Continued.
[In thousands of dollars.]
District
No. 1
(390
banks).
District
No. 2
(680
banks).
District
No. 3
(660
banks).
District
No. 4
(764
banks).
District
No. 5
(561
banks).
District
No. 6
(3S9
banks).
District
No. 7
(1,062
bunks).
District
No. 8
(497
banks).
District
No. 9
(867
banks).
District
No. 10
(1,106
banks).
District
No. 11
(658
banks).
District
No. 12
(602
banks;.
Total
United
States
(8,236
banks).
§
o
H
LI A BILITIES—continued.
Time deposits (including postal-saving*
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
rediscounted).. . . .
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 sold
for cash and outstanding...
Acceptances executed for customers and to
furnish dollar exchange less those purchased or discounted
Acceptances executed by other banks
Liabilities other than tliose stated.
\
Total
\pril3,1923
I ncrea^e
Decrease...
g
3so 683
31,125
S71 SJ6
40 023
49S 094
15,001
51S 045
12,957
371.251'
13,151
203.21S
6,726
617,702
23,220
197,323
8,740
362,431
8,045
271.329
7,939
118,959
8,263
313.312
15,369
4,751,103
190,561
60S
• • 763
>
1,151
11,256
4.243
1,210
3,909
4.0S1
509
1,760
402
3.060
34,952
765
160
321
12
66
7
846
86
637
2.977
64,067
34,247
34,936
5,580
25,535
13,635
17,744
13,627
11,801
25,102
370,921
27
21,340
30
103,307
C
H
|
O
50, 430
47, S37
9,351
22,679
33.547
19,805
32,070
19,095
19,906
31,659
25,441
40,981
352,801
040
3.154
283
294
6S
16
3,262
43
17
99
88
595
8.559
41. OS.1}.
5, 933
1,669
86,146
15.842
14', 199
9.011
4.334
3,571
2.974.
251
2, 1.23
5,060
134
1, 892
652
91
S32
- 10,190
2,260
12,470
8*1
32
1,743
2,531
355
1,787
124
1,214
1,160
i, 379
11,807
1,177
2,410
172,208
30,409
45,235
c
863,654 1.637.362 21.502,202
920.863 1,596,975 21,603,171
40.3X7
100,969
57.. 209
c
1.742,90.1 5.192.650 1. SS(). 997 2.027.441 1,274,13S
1.031.979 5 289 279 1,866,931 2.030,966 1.276,908
11 066
' i l l ) 922
2,770
96. 029
3,525
768,316 2,812,804
790,785 2,841.083
22,469
28,279
912,508 1.013,171 1.376.260
934.371 1,026,638 1,396,393
21,863
13, 407
20,133
j
SEPTEMBER
14, 3923.
(In t h o u s a n d s of dollars.]
District | District
No. I.
No. 2
0.1X8
(685
banks),
banks).
RESOURCES.
District
No.."»
(f>60
banks),
; District | District
I No. 6
No. 7
(1,06.1.
! (3*6
j banks).
banks).
District
District
No. X | No. 9
(497
; (860
banks). ! banks).
District
District . District;
No. 1.0 i No. 11. ! Nxi. 12
C 1.10t I (66i
I (605
b a n k s ) . | b a n k s ) , i banks).
Total
'United
States
(8,234
banks).
6
H
c
931,550 1,027, 533
'727
202
2.280
1(U>21
294.026
2IX.0S3
37X.2M i 330,002
02,032
40,4f>9
7,243
3,4(i7
9S, 946
SS,S4S
46.051
6*. :,io
43.378
42! 501
M, 976
!
i:,030 I 22. 520
2", 816 j J2,728
!sO9 !
2. 122
3, 555
8T') '
2,9.r)2 I
7,13(i !
5, 048
4,540
79,"), 382
791
2.017
144j431
96.791
4ii»H)
6.606
52,044
128,560 :
113,751 I
58,315 i
100,541
2,743
65,399
93,882
2.534
5; 244
462.498 1,679,5*1
773
1,842
645
14.315
91.453
31l', 097
49,996
228.68!
25,207
72,139
3.944
10,40*
33, 803
175,121
38,743
23,019
51,173
12.231.
16,095
41.SO2
56,491
58,292
161.X55
16,871
10.502
2,596
3,016
18,902
4.226
1,701
2.505
! 50,372
I 42;042
=
'
4,357
i 6,169
3,177
2,030
1,747,971. J5,142,951 jl, S79, S70 ':2,053,103 ' l , 290,692
LIABILITIES.
;
;
1
i
Capital stock p a i d in
10s, S3l \ 252,6.18
94,40S
Surplus fund
82,410 ! 293,070
141,77s
U n d i v i d e d prolits less expenses, interest,
I
j
a n d taxes paid
59,297 ! 138,480 j 49,635
National b a n k notes o u t s t a n d i n g
; 51,348 j 91,028
57,910
A m o u n t d u e t o Federal reserve banks
4, .105 i
6,596
3,210
A m o u n t d u e t o national b a n k s
38, S45 ' 243, 569
59,454
;
A m o u n t d u e t o State banks, bankers, a n d
j
\
t r u s t companies in t h e United States a n d
'
i
j
;
foreign countries
70,907 j 464,222 | 104.014 I
Certified checks o u t s t a n d i n g
:
5,034 ! 104,x23
2,250
Cashiers' checks o u t s t a n d i n g
!
6.810 ! 75', S23 I
4,405 I
District
No. 4
(7(i4
banks).
!
Loans a n d diseounts(including rediscounts)'1,010,609
74S
Overdrafts
I
349 i
70.407
Customers' liability account of acceptances.!
30,045
683,928
United s t a t e s ( i o v e r n m e n t s e c u r i t i e s , e t c . . . : ISA.0*4
059, 860
Other bonds, stocks, and securities, etc
; 223,311
6< 360
Hanking house, furniturc and fixtures
; 40',254
Other real estate owned
I
6,067
r>, 262
Lawful reserve with Federal reserve, banks.. |
Si, 696
34S,617
Items with Federal reserve banks in proc- I
98,429
ess of collection
I 42,104
58, 786
Cash in vault
j 25,071
Amount due from national banks
54, rzi
.V>, 025
Amount due from State banks, bankers,
and trust companies in the United
States
S, 563
21,220
308, N55
20,387
Exchanges for clearing house
1.339
20,853
Checks on other banks in the same place
4,447
Outside checks and other cash items
j
419
Redemption fund and due, from 'United j
4.625 I
States Treasurer
i
2,5S6
Other assets
13,332
Sfij242 I
Total
District
No. 3
(6f>()
banks).
92,966
69,106
30,880
62,875
7,015
35,058
52,989
2,455
3,738
2,167 i
967 I
1,558
8,668
511,015
f.09,501
817
1,137
\ . 696
3 06*
11?2| 439
109,086
97, H\.\
SO,446
%\ 077
24,121
3.802
11,864
41,681
43,600
, 917, I Hi :!. 1,931.91.".
12,947
:
1,530
!
! 19S.311 I 2.599, 169
130,062 j 2,397'. 124
j
42.496
504.613
i
S6i397
7,831
! X"., 709 1.169,345
,!
27.932
32,000 ] 463,456
19,109 ! 2S,15S ! 360,897
95,570 j 106,533 \ 959.394
797.934
1,872
2".
134,149
87,691
36.629
9,693
71,904
552,911
2.129
•,M7
109,079
2X.-131
31i639
10,210
47,076
1.0,655
15,753
67,090
29,868
26,X55
121,311
i 21.231
6,991
i
'• 1,304
5,757
:
33,607
11,171
2,738
4,050
lX,aR«J
7,978
3,033
3', 306
1,778
5, (W0
2,272
ljSoO
2,4*4
1,506
24,971 !
15,664 !
41,525 =
17,955
6,274
900
1,502
2,201 I
1,713
!
i
:
;
47,864
24,615
2,559
7,741
292.430
48];585
49,311
59,322
3,061
10,518
c
H
b
36,909
114,132
70S,915 :2,8S6,288 ! 914.825 1,019,012 1,373,622 ! 962,529 • 1,662,593 21,702,431
•
'
59,(K)6 i 179,519
36,129 ! 119,132
70,62.1 j
34,117 !
67,994
36,187
91,658
46,268
i
I
S1.OS5
39,4s9
104,318
56,277
1.7,159 • 65,520
12,960
90,6<>7
854 ,
.1,924
19,823 • 155; 077
20.701 •
43'. 950 !
' 300
41.596 j
17,597
34,906
6
37,696
19,700
45,069
88,939
19,106 !
49,25s I
2,053 '
58,042
36,851 ! 289.538
667 I
5; 954
1,934 i 11,789
:
58,567
1,014
9,494
98,878
1,615
13,249
57,571 i 111,910
423 I
3,260
9,71.1 I 21,586
70,302
500
3,293 i
26,492
60,462
957
61,599 j
1,331,644
1,067,720
522.8S2
730', 980
29'. 763
905'! 097
1.510,231
'130,535
167.076
n
<
CO
TABLE NO. 57.—Abstract of reports of condition of national hanks in each Federal reserve district at date of each report during year ended
September 14, 1923—Continued.
S E P T E M B E R 14, 1923—Continued.
[In thousands of dollars.]
District
No. 2
(G85
banks).
District
No. 3
(660
banks).
District
No. 4
(764
banks).
792,150 2,284,521
768,319
879,119
398,179
17,112
513,400
8,792
534,625
4,984
District
No. 1
(388
banks).
Total
United
States
(8,234
banks).
District
No. 11
(664
banks).
340,623
640,898
469,558
777,071
9,326,999
367,092
5,708
272,643
6,131
121,381
5,886
349,251
9,234
4,863,323
4,671
3,380
392
3,620
36,983
65
997
58
608
13,191
19,797
21,066
District
No. 8
(197
banks).
District
No. 9
(SCO
banks).
467,043
302,667 1,228,913
376,117
371,715
8,477
202,968
4,324
623,375
11,452
199,952
2,149
2,368
3,933
190
11
12,417
30,644
17,521
District
No. 6
(386
banks).
District
No. 12
(605
banks).
District
No. 10
(1,104
banks).
District
No. 7
(1,061
banks).
District
No. 5
(560
banks).
LIABILITIES—continued.
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
represent ing money borrowed other than
rediscounted)
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 sold
for cash and 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
Total
June 30,1923
Increase
Decrease
908,742
14,795
556
2,824
27
50
16,980
91,517
3,379
1,364
662
45,856
28,248
39,480
16,278
99,044
2,750
59,216
69,731
8,385
19,921
37,838
26,746
38,013
25,190
20,665
29,883
26,036
39,175
400,799
709
2,826
154
257
62
4
2,701
26
22
109
101
526
7,497
30,726
2,129
2,594
70,749
10,3-10
10,627
9,146
2,348
4,370
2,159
169
2,lS6
2,005
38
3,491
754
175
919
12,991
2,423
12,712
1,715
2,492
632
1,407
25
1,847
2,039
989
735
11,177
043
3,361
145,786
18,897
51,430
,142,051 1,870,870 2,053,103 1,290,692
,192,650 1,880,997 2,027,441 1,274,138
25,722
16,554
49,099
1,127
768,915 2.880,288
768,310 2,812,804
599
73,484
914,825 ,019,012 1,373,622
912,508 1,013,171 1,370,200
5,841
2,317
2,038
962,529 1,002,593 21,702,431
863,054 .1,037,362 21,502,202
25,231
98,875
200,229
I
£
H
W
C
P
352,995
1,747,971
1,742,901
5,070
O
C
j
g
TABLE NO. 5S.—Classification of loans, investmcrrfs, and deposits of national hanks for each year from 1914 to 1923, inclusive.
[In thousands of dollars.|
Loans.
Secured by real estate mortgages
or other liens on realty not in
accordance will) sec. 24, FedSecured by improved real estate i eral reserve act, as amended.
under authority I
On timo.
(>n demand.
| Of S('C. 24, F e d e r a l j
.N umPaper
ber
banks, wiih one
or more
individ- Secured
ual or by stocks
firm
and
names
(not se- bonds.
cured
by collateral).
Year.
June 30,1914..
Juno 23,1915..
Juno 80, 1916..
June 20, 1917..
June 29, 19 IS..
June 30, 1919..
June 30,1920..
June 30, 1921..
June 30,1922..
June 30,1923..
7,525
7,605
7, 579
7,604
7,705
7,785
8, 030
S, 1^4
8.219
8,211
616,911
6.11,695
660,213
700,198
620,765
597,500
707,229
679,704
657,29S
733,536
J,036,977
883, S12
1,159,007
1,261,031.
1,150,073
1,307,787
1.,261,9S4
1,151,114
1,408,369
1,463,203
Secured
by other
personal Paper
securi- with one
ties, in- or more
Secured
cluding individual by stocks
meror firm
and
chan- names (not bonds.
dise,
secured
wareby colhouse
lateral).
receipts,
etc.
;
184,822
223,639
300,879
300,212
317,286
392,277
342,394
270,5S3
270,090
3,403
3,264,
3,760,
4,501,
5,297,
5,251,
7,604
6,564
5,818,
6,176,
•' 1,372,S2S
866,767
1,029,612
1,064,254
1,428; 094
2,130,598
1,855.906
K54S;O53
1,499,092
1,519,317
Secured
by other
personal
securities,
including
merchandise wn rehouse
receipts,
etc.
697,930
661,338
772,963
959,904
1,014,073
1.390,122
i; 320,323
1,112,434
1,11.1,273
1 Includes loans secured by other personal securities.
2
Includes SI ,336,093. On time, single-name paper withoi it other security,
s Includes all loans secured by mortgages or other real estate security.
[
reserve act, as j !•"'or debts preamonded.
i vioiisly coaj traded ' s e c
,5137 I ' . S . k . t f . ) .
On
farm
land.
On other.
real
lands.
estate.
"7s,
85,631
92 315
i ;>;•> ,902
60, 024 '66,895
87, 035 100.781
125, 070 127,339
4
&
other
All oilier real
estate loans.
Farm
lands.
Other
real
estate.
O
H
CustomAccept-j ens'
ancKs ; liability
Accept- report-! on acances of
in» ' count
other
batik ! of
banks
pur- j drafts
discha sed paid
counted. or dis- under
count- letters
of
edcredit.
;
< 150.595
24,500
» 160;633
78,610
'" 107,361
&
99,4S6 145,182
0
91,667 150,849
-> 93,927 1-16, S38
91,-170
5. N99
14,682
75,906
6', 522
i!,S04
60,874
10,393
23,10 L
31, 929
49, 239
r,G,747
2° 260
425)
31, 911
11, 392
\l\
O
Total.
6,430,009
6,659,971
7,679,167
8,957,67S
10,135,842
11,010,200
13,611,418
*7,"347" 12,004.5:5
11,24S;214
3,123
2,506 11,817,671
Includes all real estate loans under sec. 24, Federal reserve act.
Includes all real estate loans not under sec. 24, Federal reserve act.
c
TABLE N O . 58.—Classification of loans, investments, and deposits of national banks for each year from 1914 to 1923,
inclusive—Continued.
[In thousands of dollars.]
Investments.
Year.
June 30 1914
June 23; 1915
June 30,1916
June 20 1917
June 29,1918
June 30,1919
June 30,1920
J une 30,1921
June 30,1922
June 30 1923
..
Number
banks.
7,525
7,605
7,579
7,604
7,705
7,785
8,030
8,154
8,249
8,241
United
State,
States
county,
Govern- and other
ment
municipal
.securities.
bonds.
799,316
783,454
731,205
1,076,256
2,116,785
3,171,912
2,269,575
2,019,497
2,2S5,459
2,693,846
176,017
244,473
278,180
315,511
320,384
322,984
338,357
393,682
414,414
401,810
Railroad
bonds.
341,691
379,191
467,629
467,291
406,135
412,371
416,430
404,936
486,453
503,348
Other
Claims,
publicAllother warrants,
service
bonds. judgments,
corporation
etc.
bonds.
!
!
•
I
I
1
218,215
220,304
274,928
295,835
267.337
275,849
283,118
277,205
318,456
337,293
328,095
340,418
301,503
361,954
271,998
306,775
309,755
352,405
423,040
521,200
35,926
53,341
141,444
143,612
290,822
309,428
328,305
373,617
335,554
367,241
Foreign
government
bonds.
10,019
33,787
116,708
284,123
227,578
193,890
179,971
140,226
162,054
153,723
Other
foreign
Total inbonds, vestments.
securities.
5,609
13,402
40,303
68,486
56,233
54,312
60,954
63,513
87,895
9.1,236
1,914,888
2,068,370
2,351,960
3,013,068
3,957,272
5,047,521
4,186,465
4,025,081
4,503,325
5,069,703
Hi
i
o
3
K
K
n
w
Deposits.
Individualdcpo> its (including postal savings).
Year.
June 30,1914
June 23.1915
June 30,1916
June. 20, 1917
. I u n e 29,191 a
June 30,1919
June 30,1920
June 30,1921
J u n e 3 0,192 2
June 30,1923
Number
banks.
7,579
7,604
7 70o
7, Ts5
N-, 030
S, 154
8, 249
S, 211
State,
county,
or other
State,
Demand
Time
county,
Individual certificates municipal cert.i Meal ON or other
and a31 of deposits
and other
deposits
other
municipal
due on
subject to deposits
demand
an da 1
1
.
due in
and after other time
check.
deposits
less than
30 days.
and
deposits.
30 days.
dividends
unpaid.
5,077,020
4,517,097
5,577,629
0,560,268
7,161.208
8,479,747
»,;i7f,Y2i
S,030,501
8,504,104
S,385,340
503,S97
519,513
460,312
4*0,027
381,444
451,050
445,196
343,100
319,800
302,501
is,600
519,220
04,0-X3
S3,00S
1.03,357
143,127
175,395
1.90 907
330,104
51.2,827
090,4.38
32s,.jll
600,451
Sl?4, S9S
S3s,051
898,170
l.,052,>92
980,91S
1,0X0,828
1,135,171
772,600
979.249
1,205,721
1,405,178
1,792,0*2
2.349,306
2,078,504
2,99X,J SO
3,570,330
AU other deposits.
Postal
savings
deposits.
23,S41
41,422
59,979
Total
individual
deposits
(including
postal
savings).
6,113,244
6.42*, 142
7,S50,6l5
SO,142
9,323,413
LOO,300 10,029,428
9i,0.S8 H.,S91,132
S3,213 13,705,325
36 3x4 12,405,631
32,943 13,204,306
44,652 14,013,100
Duo to
banks,
including
United
certified
States
deposits. chocks and
cashiers'
checks.
00,054
4SW4
39,407
1.32,905
1,037,7*7
566,793
175,7X8
249,039
103,374
192,135
2,353,851
2,344,130
2,9X7,015
3,315,455
2,954,394
3,400,940
3,274,308
2,4X7,061
2,952,824
2,002,3*5
Tola]
deposits.
o
H
O
S,563,749
8,821,242
10,877.0X7
12,771,833
14,021,609
15,924,865
17,155,421
15,142,331
16,320,564
16,897,9X0
o
5
448
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 59.—Abstract of reports of savings and State banks in the District of
Columbia since September 15, 1922.
[Tn thousands of dollars.]
Deo. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
29 banks.
29 banks.
28 banks.
29 banks.
21,700
11
985
6,289
2,107
255
2,781
22,367
13
919
6,283
2,161
246
1,988
22,6M
19
1,040
6,09;t
2,243
216
2,163
266
369
47
82
232
200
34
31
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
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..
20,784
15
1,051
6,181
2,033
304
2,134
285
256
28
54
9
82
33,216
357
301 i
61 i
47
3
178
35,075 I
160
192
34,931
35,177
LIABILITIES.
Capital stock paid in
Surplus fund
Another 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
Letters of credit and travelers' checks sold for cash and
outstanding
Liabilities other than those above stated
Total..
2,812
1,032
617
185
2,834
1,134
487
75
2,668
1,141
448
84
2,700
1,105
445
102
43
56
60
13,372
13,484
65
42
110
14,038
14,901
11
65.
GO
47
115
13,416
15,694
23
35
89
11,709
17,692
14
1,144
1,043
28
91.7
17
892
17
30
327
307 I
296
308
33,216
35,075 I
34,931
35,177
449
KEPOKT O.t' THK {'O-UPTliOLLKU OF THE CUKltJiXCT.
TABLE N O . 60.—Abstract of reports of loan and trust companies in the District of
Col'imbia since September lo, 1922.
{In thousands of dollars. 1
Dec. 29,
1922.
Apr. 3,
1923.
June 30,
1923.
Sept. 14,
1923.
7 trust
companies.
7 trust
companies.
7 trust
companies.
7 trust
companies.
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
Hems 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 hou se
Checks on other banks in the same place
Outside checks and other cash items
Other assets
48, 515
21
73
6,2S6
14,421
8,116
672
150
40
5,013
3,340
334
Lr)2
, 102
448
3,939
625
314
109
37.")
2,324
480
310
207
374
86,500
Total .
48,372
42
138
5, 8S5
13,95s
8,122
678
212
39
7,136
90,054
11.400
5.6:>0
3,094
34
11,400
5,650
3, 769
20
11,400
5. 750
2,919
30
11,400
5,750
3,873
195
578
114
21.0
41,230
22.051
423
632
48
119
43.SI 9
23,077
416
637
• 132
i:?6
41,957
22,217
142
572
6S
126
42,795
22.156
47,395
32
5,307
1-1,443
8,190
678
198
58
48,53f
16
148
6,392
14,010
8,141
405
168
IS
6,332
I
j
i
j
2,347
491
22S
97
5G'S
,008 j
87,893
MAlilMTIES.
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
Bonds and securities, other than United States, borrowed
Bills payable (including al! obligations representing
money borrowed other than rediscounts)
Notes and bills rcdiscounted
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..
40
40
40
40
313
41'?
100
440
390
•?'{
16
139
55
S3
375
1,107
118
325
90,054
87,06-S
80,500
TABLE NO. 61.—Principal items of resources and liabilities of each savings and State bank in the District of Columbia, September 14, 1928.
O
Title.
American Commercial and Savings Bank
Anacostia Bank
Bank of Commerce and Savings
Bank of Brightwood
Chevy Chase Savings Bank
Citizens Savings Bank
Departmental Bank
Kast Washington Savings Bank
Exchange Bank
Fidelity Savings Co
(Guaranty Savings Bank
Industrial Savings Bank
International Exchange Bank
McLachlen Banking Corporation
-ings
MountCapitol Savings Bank
North Vernon Savings Bank
Northeast Savings Bank
Northwest Savings Bank
Park Savings Bank
Peoples Commercial and Savings Bank
Potomac Savings Bank
Prudential Bank,
Security Savings and Commercial Bank
Seventh Street Savings Bank
Terminal Commercial and Savings Bank
United States Savings Bank
Washington Mechanics Savings Bank
Washington Savings Bank
Woodridge-Langdon Savings and Commercial Bank
President.
John W. Farran
Maurice Otterback..
Wm. A. Bennett
William P. Killeen..
Edw. H.Jones
L. E. Brenningcr
J. T. Exuicious
John C. Yost
H. H. Hcvenor
Henry P. Blair
F.J.ftice
Walter S. Carter....
J. Schiavonc
: L. P. McLachlon
i TheodoreMuchleisen..
j Wm. G. Michael.
I L. P. Stewart
] F. M. Savage
IT. Somerville
I R. B. Whitehurst...
! (J. W. Offutt
John R. Hawkins.
J. J. Peyser
S. R. Waters
J. Brosmm
Wade H. Cooper
Ezra Gould
Win. M. Phclan
A. S. Henderson
Loans,
United States f
discounts, and Government investments, \
and real
overdrafts.
securities.
estate.
Cashier.
Robert Shaw
C. V. E t y l e r
J ohn M. Riordan
R . Schreiner
J. Ezra Troth
F c m a n d Pet it
M. O. Exnicious
Chas. A . McCarthy
W m . R . Nagel
Richard A. Ford
J. S. Montgomery
W. A. Bowie
I I . C. Bock
J. A . Massie
Wm. R. Baum
E . S. Burges
Wr. R . Lewis
(i. C. B u r n s
R. S. Stunz
It. I I . Hill
B. A. Bowles
C. W. Banton
S. R.Baulsir
J. D. Howard
Sidney Thornpson
Wm. R. I)e Lashmutt.i...
R. H . Bagby
J. D. Leonard
E. L. Norris
!
j
j
|
$323,805.29
737,405.50
809,490. 12
i ."30,092. (19
101,071.90
916,449. (i8
501,475.90
742,403.08
338,1 JO. 00
763,574.18
i70,907.72
210.685.00
418', 008.37
775,401.57
2,222,798.22
804,271.90
320,880.58
513,800.58
2,091,040.04.
287,002.09
2,510, 171.39
10,408.35
3,084,302.06
1,133,482.33
149,797.33
1,305,709.04
649,158.86
270,291.23
132,399.04
$25,000.00
254,804. 55
1,502. 79
15,000.00
33,171.35
49,559.40
90,440.44
14,567.80
13,000.04
99.75
13,200.00
77,482.21
22,139.98
186.24
] 0,000.00
134,237.38
200.00
141,453.07
31,700.00
100,598.17
5,500.00
$172,000.08 i
274,821.73
277,809. 56
39.355.02
90,101.01
284,025.73
203,914.41
259,897. 50
452,502.26
00,078. 50
87.513.03
241,415.41
66,096.07
701,531.42
380,020.10
337,328. 95
683,253.25
296,889. 16
234,305.08
103,352.23
688,933. 06
59,728.83
939,397.43
176,495. 35
108,558.94
715,712.89
261,787.50
244,735. 00
102,319.47
Cash and
exchange.
$47,500.42
29,477.22
118,521.58
24,803.02
35,784.27
113,553.73
26,035.00
55,215.22
59,233.26
17,947.01
15,514.57
51,410.01
29,801.08
80,229.94
285,510.42
02,941.40
99,715.05
59,627.89
255,402.21
33,731.47
256,211.58
33,900.76
260,302.81
102,195.01
JO, 472.59
203,374.16
138,416.92
03,996.18
17J 010.30
2
H
fas
C
K
other
assets.
Title.
American Common'in] and Savings Bank
AnacosiiaBank.
Bank of Commerce and Savings
B a n k of Brighlvvood
Chevy Chase Savings Bank
Citizens Savings Bank
Departmental Bank
East Washing!on Savings Bank
Exchange Bank
Fideli*y Savings Co
Guaranty Savings Bank
Industrial Savings B a n k
International Kxchange Brink
McLachlen Banking Corporal ion
Mount Vernon Savings Bank
North Capitol Savings Bank
Northeast Savings Bank
Northwest Savings Ban k
Park Savings Bank
Peoples Commercial and Savings Bank
Potomac Savings B a n k
Prudential Bank
Security Savings and Commercial Bank
Seventh Street Savings Bank
Terminal Commercial and Savings Bank
I n i t e d Slates Savings B a n k
Washington Mechanics Savings Bank
Washington Savings Bank
Woodridge-Langdon Savings and Commercial Bank
' $12,497.53 j
22,540.00 j
7,341.31 !
001.55 !
1^1.17 '
6S-1.60 j
7,2k:,. 2tV i
"7),"o76."6s"
120,517. so j
22, Sol. 20 |
3,015. *5 |
13. S3 !
:
:
:
5.S. 2x j
0, 350.00 }
282. 34 I
1. 050. 01 |
179. 50 j
'
2,290. 09
'.
Toial
resources
and liabilities.
Capital.
S555, *03. 32 SI50.000.00
!, 000,701.45
50,000. 00
!,543,231.Sj 100,000.00
223, 1 .V). 43 70. 151.47
302,0IS. 73
50,000.00
1,347,901.00 200,000. 00
812,209.43 .102. 550. 00
1,147,950. 84 100,000. 00
871,704.58
m. ooo. (H)
817,599.00 100,000. 00
280, 006. 00
70,3(iS. 50
5 Hi', 511.00
41,045.00
040, 583. 73 102,900.00
1,599,214.13 150,000. (X)
2, 969,4.")0. SO 100,000.00
!. 226, 090. 12
<M), 000. 00
1,110,03."). 12 100, 000. (K)
880,317.63 100, 000. 00
.,097.99
50, 000. 00
430.49"). 79 MX), (MX). 00
3,461 j 628. 37 100, OCX). (X)
108,351.55
29,537.72
4. 425, 095. 53 200, 000. 00
1, .">03, 872. 09 50,000. »X)
70, 980. (X)
277, 12-4.0")
2,284, S50. ()» .100, 000. (X)
50,000. 00
!.. i55,901.45
'584,522.41 100, 000.00
50,000.00
251,729.41
Surplus
and undivided
profits.
D u e to
banks.
I
SfV2,241.10
107, 188.66
2M9K.33
11. 1S7.7S
74,4ti7. W2
31.392. 99
95.978.20
10.800.20
2i'», 825. :»>
12. S)3. 52
10.712,74
IS,587.05
10o, 755. 44
79, 55(>. 20
30,085. 33
31,779.02
44, 200. ( C
>)
I 10,508.19
890. 20
120,919.70
OS. 000. 82
' 575. SO
H>t),Ci37.K.'$
471751.23
:•! 1,741.50
13,501.89
S30,978. 54
11, 227.03 :
33,803. 10
208.59 •
7. 109.08 j
2.095.84
2,319.73 j
o\:>. 13 :
" 10^972^0 Y
1.933. 72 i
20,018.29 !
4, 170.30 I
20 438.30 |
A. 985. 38
1.871.04
5.814.84
(i. 257. 59
15,500.02
290. 03
10,070.23
8.071. 18
'081.73
38, HIS. 97
19,018.72 |
1.089. 29
22, 752. 98
Demand
deposits
(including
Tniled
suites).
SI 11,509.03
225,845.00
492,179.38
75, 129. 11
135.372.21
OO':>.997.43
80,831.53 I
205,039.94
09, 700.7?)
13S, 001.38
492.71
588. 00
1,313, 844.77
401, 738. 92 ]
251, 058. 05
314, 949.05
1,095, 131.39
' 127,
933.07
1,101, 249. 29
38, 455. 40
I. 819,194.44 ,
'(ill, 309.08 !
Si), 028.92 j
979.40
981.30
838. 42
100. 283.03 I
Time
deposits.
j OUier
.. liabilities.
$173. 255.15
S'JO. 000. 00
717, 250.00
' 1 HI. 00
787, 400.01
22, 540. 00
•17, 107.93
98, 949.06
430, 800. 77
30.000. 00
440, 220.77
17S/J54.4J
951 978. 5-S
538, 687.02
61.03
040, 930. 06
73.843- 05
81, 100. 93
29,000.00
321, 557. 08
2.001.14
230, 007.07
Ki.518.0I
424, 094.39
100. 000. 00
1,223, 390. 62
142.220.85
<.39. 280. 49
722, 325. 2J
4 If), 292. 48
(,373, 140.82
50, 000. 00
199, 171.06
2, 494. 80
1,970, 809. 30
150,000.00
15, 066.11 |
25. 005. 29
!. 900, 481.88 I
705, 831.01 | 250, (XX). 00
T? 340.02 I
i. :m, 620.63 ' "43,'oii'S2
' 700, 070.71 j
:
J33."49
275, 853.20
J 91.5.1
x
—
Z
'-*-'
r-
T
r
—
^
r
r
"io,"o6().'o6
Oi
TABLE NO. 62.—Principal items of resources and liabilities of each loan and trust company in the District of Columbia, September 14, 1928,
I
President.
Title
American Security and Trust Co
Continental Trust Co
Merchants Bank and Trust Co
Munsey Trust Co
National Savings and Trust Co
Union Trust Co
Washington Loan and Trust Co
Title.
American Security and Trust Co
Continental Trust Co
Merchants Bank and Trust Co
Munsey Trust Co
National Savings and Trust Co
Union Trust Co
Washington Loan and Trust Co
Chas. J.Bcll
Wade II. Cooper.
Peter A. Drury...
Frank A. Munsey.
Win. D. Hoover...
E. J. Stellwagen...
i J. B. Lamer
i
Other
assets.
$274,029.40
38,745.02
84,913.55
44,394.07
124,298.92
Total
resources
and liabilities.
Treasurer.
C. E. Howe
! Chas. W. Warden..
• Edwin W. Popkins
! C. II. Hope
:
C. C. Lamborn
i E.B. Olds
! Harry a. Mecm....
Capital.
Loans,
discounts, and
overdrafts.
$15,280,716.38
2, 539,090.54
4,614,145.94
4,469,094.81
8,745,2S6.31
4,054, T.35.73
8,990,224.29
Surplus
and undivided
profits.
$31,007,192.60 S3,400,000.00 i S3,215,205.73
4,337,827.57
1,000,000.00 i
126,590.51.
6,680,940.05
1,000,000.00 !
274,341.45
8,393,005.21
2,000,000.00 ;
510,906.72
13,025,504.94
1,000,000.00
2,006,017.85
8,953, (533.68
2,000,000.00
833,216.96
14,894,569.88
1,000,000.00
1,872,482.08
Due to
banks.
$238,092.03
248,840.20
55,932.98
43,082.22
13,000.40
94,020.77
207,718.40
. j cMnfp" I Other bonds, '
Ooverninont I investments, ; Cash and
!
and real
I exchange.
securities.
estate.
rnil
$4,284,348.42
55,200.00
297.00
40,534.49
013,150.00
720,537.19
071,705.10
$7,629,714.10 ! $4,131,784.24
379,021.19
.1,325,770.22 ;
1,371,191.98 I
610,391.58
3,343,632.70 I
495.348.48
:
2,415,004.03
1,251'. 464.00
3,321,037. G9 ; "
851^523.07
3,145,505.91
1,962,835. G
O
Demand
deposits
i Other
i liabilities.
States).
§13,399,280.48 j $11,354,452.23
1,271,321. II
1,543,260.17
3, 155,340.97
1,703,006.12
4,351,065.65
747,926.98
7,517,162.72
2,428,057.91
4, 198,102.52
1,519,033.00
8,902,736.73
2,798,82G. IS
I
O
H
O
H
!95.53
147,809.52
431,718.53
740,023.04
308,000.43
52,806.49
%,
C
KRPORT 0 1 ' T H E C'OilPTUO^LKH 0 1 ' TI1K C I T J I E ^ C Y .
453
TABLE NO. 63.—Principal items of resources and liabilities of loan and trust
companies in the District of Columbia on or about October 1, 1914 to 1928.
[ For prior years see annual report 1020.]
[Fn thousands of dollars.]
Date.
United
Number Loans and States Govof com- discounts. 1 ern in on 1
panies.
securities.
1914
1915
1916
1917
1918.
1910
1920
1921
1922
1923.
23,043
21,796
27.150
28.302
30; 280
39,271
42,780
41,353
42,0-19
48.552
771
4,971
6,273
4,208
3,470
4,066
6,392
Cash.
Capital.
1, 104
837
931
1,127
977
.1,58-1
1,884
1,618
1,449
1,601
10,000 I
10.000 i
10.000 !
10.000
10,000 I
10, 400 j
10, 100 :
10, 400
10, 100
11,400
Surplus.
4,600
4,800
4,900
5,000
4,900
4,900
5.000
5,300
5,400
5,750 i
Individual
deposits
(time and
demand). 2
3
28,150
3 29,972
3 33,340
3 35,366
40,461
53,333
54,698
52,763
57,309
64,951
]
Incl ndes overdra fts.
a Includes dividends unpaid and postal savings deposits.
•Includes certified checks and cashiers' checks.
TABLK NO. 64.—Principal Hews of resources and liabilities of savings and Slate
batiks in the District of Columbia on or about October 1, 1914 to 1923,
[For prior years see a n n u a l report 1920.]
I In t h o u s a n d s of dollars.]
"
Date.
1914
1915
1916
1917
19J S
19!'.»
1920
1921
1922
1923
1
2
a
.
Tinited
N u m b e r Loans a n d States Govof b a n k s . discounts. 1 ernment
securities.
.
IS
18
21
22
24
21
25
27
29
29
9,332
9, 865
11,118
12.172
14', 369
!1,80S
15, 970
19,425
21,355
22, 703
1
i
547
3,901
2, SIB
1,533
1,51 J
997
1,010
Includes overdrafts.
Includes dividends unpaid and postal savings deposits
includes certified checks and cashiers' checks.
Cash.
418
378
431
578
602
650
791
871
975
896
Capital.
1,380
1,398
1 513
1,607
2,013
2,260
2,619
2,969
3,695
2,700
Surplus.
293
262
371
417
553
52t5
679
859
1,270
1,105
Individual
deposits
(time and
demand).2
3 11,331
» 12,1.28
3 16,139
22,979
21,222
24,124
27,964
31,981
29,401
454
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TAULE N O . 65.—Summary of resources and liabilities, receipts and disbursements
of the 23 building and loan associations in the District of (Columbia for the six
months ended on or about December 31, 1922.
[In thousands of dollars.]
Assets.
Loans on real estate
Loans on stock pledged
interest and fines, due and unpaid
Installment on stock due and unpaid...
Real estate:
Of lice building
:. $337
Other
*
56
Real estate sold on contract
Bills receivable
Accounts receivable
Insurance premiums advanced.
Taxes advanced
Furniture
Cash in hands of treasurer
Cash in hands of secretary
United States securities
Time deposits
Total assets.
Amount.
33,957
312
393
2
18
4
3
16
456
S3
396
120
3"), 844
Liabilities.
I n s t a l l m e n t dues paid m on st ock
I n s t a l l m e n t d u e s paid i n advance
I n s t a l l m e n t dues d u e a n d unpaid
I n t e r e s t d u e on installment stock
A d v a n c e stock
Advance p a y m e n t s
Special deposits
Special p a y m e n t s
I n t e r e s t d u e on special p a y m e n i s
1 nterest p a i d i n advance
Bills payable
Interest d u e on bills payable
Incomplete loans
Matured stock
D u e treasurer
Profit (divided)
Profit (undivided)
Surplus
Amount.
j
•
\
'
•.
!
:
Total liabilities
28,894
6
9
1,128
1,871
H
49
136
3
1
311
200
106
361
3
;><>
1,06")
1,634
35,844
RECEIPTS AND DISBURSEMENTS FOR SIX MONTHS.
Receipts.
Cash in treasury at commencement of
6 months
."
,
Cash in hands of secretary at commence- j
inent of 6 months
j
Installment dues received during 6 I
in on ths
j
Advance stock
•
Advance payments
Special deposits
Special payments
Interest received during 6 months
Transferees
Fines
Loans repaid
Loans matured
Taxcsrepaid
Insurance premiums repaid
Real estate '.
Rents
Bills payable
Bills receivable
From Treasurer
Matured stock
Commission on insurance
United States securities
Total receipts.
Amount.
262
89
6,991
164
39
60
26
1,014
2
2
4.443
34
2
21
2
10 !:
2 5 5 ;•
IS : '
3 !
45 :
Disbursements.
Loans on real estate
Loans on stock pledged
Installment dues withdrawn
Installment slock matured
Advance stock withdrawn
Advance payments withdrawn
Special deposits withdrawn
Special payments withdrawn
Interest or profit on stock withdrawn .
Bills payable
I n terest on bills payable
Real estate
*
Taxes advanced
Insurance premiums advanced
M atured stock
Bills receivable
(
Dividends
j
Expenses:
|
General
?44 '
Salaries
J S
O
Stationery, postage, printing. 8
Amount.
5,186
217
6,133
17
282
152
10
23
241
305
13
3
17
67
100
146
Cash in hands of treasurer..
Cash in hands of secretary..
160
456
83
Total disbursements.
13,612
127 |
13.612
KKPOET OF TI1K COilPTKOLXKR OF TilK
(XKRKXCY.
455
TABLK N O . 60.—Sum mar,f oj resources and liabilities, receipts and disbursements
of the 23 building and loan associations in the District of Columbia for the six
months ended on or about June 30, 1923.
[in thousands of Hollars.]
Amount.
Assets.
Loans on real eslnto
Loans on si w k pledged
Interest and finos duo and unpaid
Installment on stock due and u n p a i d . . .
Real estate:
Office building
$321
Other
'
53
Ron! estate sold on contract.
Bills receivable
.I nsurane.e premiums ad vaneed.
Taxes advanced
Furniture
Cash in hands of treasurer
Cash in hands of secretary
U nitcd States securities. *
Time deposits
Liabilities
i:
3.1, $78
374
2
5 !
IS '
ic ;
32-1 j
3-16 ;
170 i
37,.r»S9 :i
Total assets
Installment dues paid, in on stock.
Installment dues paid in a d v a n c e . ,
Installment dues due and u n p a i d . .
Interest due on installment stock..
Ad vanc.e si oek
Interest d u e on advanced stock
Ad va rice payments
Special deposits
Special p a y m e n t s .
.
Interest d u e on special payments..
Interest p a i d in a d v a n c e . 1
Bills payable
Matured si ock
Due treasurer
Profit (divided)
Profit (undivided) 1
Surplus
T(.|al liabilities..
Amount.
30,927
8
10
1,208
1,913
28
8
2
203
4
1
511
132
2
74
743
1,777
37,589
R E C E I P T S AND D I S B U R S E M E N T S FOR S I X M O N T H S .
A mo. int.
Receipts.
Cash in treasury a t commencement of
(i months
Cash in h a n d s of Secretary a t commencement of Gmonrhs
installment dues received during (
S
months
A d vance stock
!
Advance payments
I
Special deposits
|
SpeciaJ payment s
j
Interest received during 6 months
|
Transfer fees
\
Loans repaid
I
Leans matured
j
Taxes repaid
I
Insurance p r e m i u m s repaid
Rca 1 esl ate
Rents
"Rills payable
Kills receivable
Matured stock
Commission on insurance
United States securities
Other receipts
Total receipts.
2
•1.3.12
t>7
I
!0
•140
is
2
100
12
.1.1,0o0
•Includes surplus of one associal ion.
7239G0—24
:
',027 'I
214
I
'
20 :
i, UM) ;
-30
Disbursements.
Loans on real estate
Loans on si ock pledged
Installment dues withdrawn
Advance stock w i t h d r a w n
Advance p a y merits wit hdrawn..
Special deposits w i t h d r a w n .
Special p a y m e n t s wit hdrawn
Interest or profit on stock w i t h d r a w n .
Bills payable
Interest on bills payable
Taxes advanced
1 nsurance p r e m i u m s advanced
Matured stock
Bills i ecei vable
,
Dividends
Due treasurer
Expenses:
Ceneral
$07
Salaries
9>
"
Stat ionery. postage., print ing... 5
Cash in hands of treasurer
Cash in hands of secretary
Other disbursements
Total disbursements.
Amount.
6,198
119
0,367
013
3
21
18
253
407
10
9
18
8
100
260
3
167
314
102
53
15,060
TABLE N O . 67.—Abstract of reports of condition of 18fiJt3 Stale (commercial) bards, at close of business June SO, 1928.
[In thousands of dollars.]
Resources.
States, Territories, etc.
Massachu^et t s
Rhode Island i
Connecticut..
Total Now England Slates. ..
Now York
\ e w JoKsev
Pennsylvania
1 )elaware..
Maryland
Total Eastern Slater. .
Virginia 4
Wes t V i rgi n i a. l 4
North Carolina
South Carolina 4
Georgia 4
Florida
Alabama 4 . 4 . . .
Missi^sinpi
Louisiana'
Texas
Arkansas
Kentucky 7
Tennessee 4 - .
Total Southern Stales
Ohio
Indiana
Number of
banks.
1
3
Loans
and discounts
(including rediscounts).
375
5, S3:?
11,989
Over-
drafts.
4
1
4
InvestBanking
ments
house,
(includ- furniture
ing p reand
mi tun on fixtures.
bonds).
189
1,285
2.433
Other
real
estate
owned.
7
Due
from
banks.
154
279
152
Lawful
reserve
wilh
Federal
reserve
bank
or other
reserve
agents.
350
854
c
Checks
and
other
cash
items.
11
8
Exchanges
for
clearing
house.
251
115
52S
41
96
5X5
1,210
437
• 70,918
2
313
1,010
54
574
1,317
2 418
355
20,421
53
339
304
1,468,330
69,499
434,S59
10,115
113,135
1,808
45,787
47,389
2,101.944
3,684
3,213
5,052
1,778
4,253
2,403
3,001
2,712
5,531
r
» 5,173
3,253
6', 056
5,607
4,100
2,710
2,056
4,479
• 738
1,181
2,538
4,277
9,274
007
1,296
10,879
223.502
150,070
209,677
146,337
294,471
84,115
132,558
107,133
341,539
220,300
102,600
230,324
264,863
11,640
52,376
44,722
2,693,495
38,409
26,678
6,163
12,383
3,29.6
1,581,298
255,405
3,907
050
3 28,344
.1,911
12,850
337
2,824
2,643
206
17,936
1,943
10,667
us
300,056
23,752
167,086
8,464
31,181
117
322
578
808
121.042
2,406
22,469
1,139
4,783
6S7
1, JOS, 400
447
591,739
46,2WJ
3,3-18
31,932
151,899
72,809
335
ISO
534
345
5S3
192
183
307
371
849
349
51
130
l,X04
2.100
1,30*
2,845
4,139
2,414
781
2,079
1,991
151
2
2,745
'830
776
2
590
1,700
03
2,154
3,008
14,186
9,338
4, W7
4,617
7,2-34
16,471
19,174
31,842
15,304
9,907
16,052
12,323
26,156
35, 865
a
6 29,945
5, 'inn
26,47S
45, 707
28,050
1,155
839
772
399
595
593
19,825
15,404
15,695
9,768
16,467
S. 489
9,978
25,534
38, S51
11,611
11,086
34,000
19,305
6,824
4,512
8,199
3,450
9,779
2,771
3,646
SMI
100
40 L
404
108,014
105,418
201 012
109,804
212,831
51 928
92,550
104,115
223,033
150,04S
109,572
154,905
167,526
1,406
2S0
5,933
656
5,192
1,857,950
0,593 |
230,073
82.243
2G, 666
291,239
64,762
18,619
650
33.5
1,028,945
172,922
556 i
281.159
38, 580
7,477
18,667
1,586
96,510
27,614
33,124
0,275
2,151
°54
325
232
434
33,762
2, sso
4,3*3
8,088
23,041
821
8,450
17,150
45,407
9
327
9
70
2
39
493
6
6
343
724
IS,197
791,028
37,053
205,494
5, 1ST)
69,040
704
20
275
429
32,678
1,382
9,220
' 186
2,321
251
6
247
30
2S4
8
2,051
2,030
3,852
Aggregate
resources
Other
Cash on
hand. resources. and liabilities.
159
072
408
840
672
5,270
245
1,433
521
Illinois ( .
1,412
500
823
1.124
' 408
1,3X4
2
3
4
100,195
53,089
1,740
2,032
8,207
0.111
2.974
2,947
706
5,108
43,243
10,172
3,X04
0,902
4,102,577
6,108
1,501,004
157.2N2
45, I.5S
527,400
190,780
34,539
90,1S3
97,581
140,518
214 X39
207,630
37 802
18,450
31 480
12,411
59,548
240
703
1 125
750
177
99
101
41
332
4, 888
2.291
ll"2XS
19,259
2 103
829
6 207
1,135
10,266
3,822
4,875
7 170
7,440
9 039
' 077
352
•' 23,027
39,035
40,386
G
3,S72
3,709
250
1,618
615,128
7.829
455
114
132
2,210
183
332
345
820, 271
3.574
5S,206
30,455
23, SlOX
127,977
78,230
07,221
424,003
18,787
43,018
13,329
28,215
X5
138
1,040
39
5, 425
2,017
21,114
933
1,423
101
38
27,937
24,566
99,396
2,810
8,802
1 582
0.402
1.256
1,000
1,110
777
1,215
128
1,209
13,492
4X, 057
2,76*
8,450
2.524
"5,406
1,O1X
072,X69
1,070
171,525
34,012
5,492
81,906
3,100
32,140
27,157
80,939
2X
S04
133
21,(594
J SX5
10,474
5 218
5,711
232
709
702
1,151
10S
5X9
297
507
1, 102
5,530
5,295
10,317
50
87
819
417
53
143,390
22,719
23,288
2,794
1,014
22,244
1.409
IS, 043
S,723;GOO
41,120
2,5S7,OO2
353,702
100,342
1,0*3,349
528
2,345
5.312
5', 804
5, 243
3,236
1 979
'394
563
356
1,021
1,920
555
40,947
20,027
9,784
r
> 14,134
3,462
13,015
7.501
19,853
427
1,484
545
2,336
2,251.300
1,000,(169
514,55L
401,932
217.235
525,348
134,210
47.SX5
0.843,798
969
6,685
7.087
767
592
541
135
313
259
122,8«>1
1X7, 502
290,201
28x;562
49,753
25,701
48.696
16.958
Ol.fiSfi
237
93
351
1,443
5 2,733
9,682
6,878
1,006
724
1 713
391
2.199
14,234
4,012
1,196
20,709
17,348
l,12X,070
10,503
2,814
30,814
509
2,026
29
358
543
14,009
51
340
108
902
1.002
13,046
195
810
57
3.290
4,033
21i004
608
1,053
879
5 4,006
2,134
2,810
22,795
237
371
140
137,401
120.332
097,114
27.804
67,737
19,427
45,9.x7
52,XI5
15,409
16.678
34, S79
2<.4S7
1, 115,802
1,134
917
39
674
3.363
4,589
10,086
IS
1,994
1.095
11,359
7, 323
56.X77
40.252
142,8S0
2,090
19,312
14,400
253,332
314,057
200,052
14,102,802
6 337
08
752
Tnsular
Total United States and insular possessions
1
27X, 102
3, 443
1,471
" 27^110
23,313
• 69,867
15
10
17
11
Total Alaska and
possessions....
0,407
2,843
1,X37
7.204
2, X55
3,099
174
10 310
101
X9
?3
47
Vlaska *"
Hawaii.
Porto Rico 4
Philiuuines *
42,320
2X,615
11,007
10,925
o; 423
ll,S69
208
Total sPiK'ific Slat es
407, 122
50*, S03
8!) 228
32,148
12,954
70,428
4,1S5
Total Western States
Washington
Oregon .
California.. .
Idaho.
Utah..
Nevada
Arizona
1,282
475
523
890
301
1,587
443
Total Middle Western States.
North Dakota
South Dakota
Nebraska *
Kansas
Montana
WvomiiK1"
Colorado
New Mexico.
Oklahoma
1.350,049
'300,132
340,347
303,344
193,399
341,439
043
540
944
1 050
218
84
202
Wisconsin
Minnesota.
Iowa
Missouri s
Includes business of branches.
Includes exchanges for clearing house.
Includes other real estate.
All banks in State or Territory, etc.
•'Estimated.
e Includes lawful reserve.
»June 29, 1923.
475,7nO
.117,354
s Apr. 3, 1923.
s June 23, 1923.
io Includes 200 banks operating savings department
TABLE N O . 67.—Abstract of reports of condition of 13,043 State {commercial) banks, at close of business June SO,
1928—Continued.
00
[In thousands of dollars.]
Liabilities.
States, Territories, etc
Capital
stock
paid in..
Surplus.
Undivided
profits
(less
expenses
and taxes
paid).
Individual
deposits
Certified
Due to all checks and (including j United
dividends
States
cashiers' unpaid and deposits.
banks.
checks.
postal
saving.;) •
Bills :
payable
(including
advances
received I
from War
Notes and Finance
Other
bills rcdis- Corporation . liabilities,
counted. and certiii-:
cates of
deposit
representing money
borrowed).
O
H
Massachusetts..
Rhode Island..
Connecticut
100
570
450
Total New England States.
Now York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States
Virginia
West Virginia..
North Carolina.
South Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
1.79
394
104
440
676
6,993
13,689
634 I
21,358
50
500
783
573
i 82,797
2,941
24,292
703
5,509
1,669
11,764
584
1,965
72,764
303
4,321
33
445
. I a],166,707
53?
58,041
357,091
2,144
13,559
97,309
509
478
1,113
99,998
116,242
15,982
77,866
2,6
987
5,21.6
2,590
4,215
2,996
8,711
979
3.203
2'.f)ll
4'. 602
3.586
2,723
5,863
2,721
10,437
2,131.
15,088
1,446
3,684
4', 985
25,977
5,058
8,936
1,558
779
3,186
528
888
1,320
492
4.19
1,658
2,676
1,015
10,
23,
I:>,
3:},
6,
12,
12
23
31'.
I6;
1,198 |
3
98
682
65,663
3,475
24,185
753
5,922
1.120
'
18 j
305 |
875 I
14,712
7,931
io;777
7,238
18,322
2,016
6,364
6,157
12,384
9,794
6,356
1,692,707
147, 878
121,238
189,606
105,615
188,076
70,810
100,927
133,545
257,046
153,733
118,006
24
61
120
550
205
30,299
1,770
5,753
90
1,467
45,008
254
3,718
376
292
6,437
39,379
49,648
6,759
789
6,770
2,037
11,563
355
1,082
566
3,326
8,971
2,494
15,360
6,440
13,412
253
3,736
4,074
f>; 145
315.227
4,985
5,686
817
5,442
3,536
5,387
423
802
2,358
7,604
4,593
1,312
5,098
"226*
2,544
~
2
"A
Kentucky
Tennessee
O
25,988
2,599
3,907
32,915
H
2
2
39,481
1
Includes undivided profits.
2 Includes certified and cashiers' checks and liiitcd States deposits.
3
Includes rediscounts.
< Includes bills jjayable.
^
A
& Includes postal savings.
6 Estimated.
7 Deficit.
s Includes bank notes in circulation.
CD
TABLE NO. 67.—Abstract of reports of condition of IS,043 State (commercial) banks, at close of business June 30, 1023—Continued.
o
[In thousands of dollars.]
Investment s.
Loans and discounts.
States, Territories, etc.
On deOn de- On time,
mand,
time,
mand, secured Onnot
secured
by colSecured Secured
not
by colother
lateral secured bv farm byreal
lateral secured
other
land.
by colestate.
by col- than real lateral.
other
than real lateral.
estate.
estate.
Not
classilied.
State,
count v,
and
municipal
bonds.
United
States
Government securities.
Bonds
of other
public
service
Other
corpora- bonds
Railroad tions (in- stocks,
bonds. cluding warrants,
street and
etc.
interurban
railway
bonds).
H
Q
»!
T
H
£
•>•
Massachusetts .
Khode Island
Connecticut
153
114
91
47
587
7s
1,942
7,460
1,092
70
47
587
2,111.
rj
~
^
Z
H
12
700
4,740
77*
3,933
1,019
208
302
211
i 54,224
5,599
50 9s0
1 171
2,237
209,456
322
2,841.
114,211
18
3 915
140
873
20
.
Total New England States
207
New York
Ne.wJersev
l'enusvlvania
Delaware
Maryland
s, 020
31 5S7
1 751
10,470
Virginia
West Virginia.
North Carolina
South Carolina
Georgia
Florida
Alabama...
Mississippi. .
Louisiana
Texas
Arkansas
2,001
19,007
402
5,207
2 718
°i S3 7
' 205
0,971
467,348
17 405
73 001
1 385
22,934
54,828
Total Eastern States
27,997
34,731
582,193
4 715
3,047
45 162
4,807
3,500
33,853
9
110,200
33,478
3,907
.
•1 \ 'V)r>
3
70
7,440
98
503
491.
20
105
4,549
29,172
33,304
9,208
7,800
141,255
S5,035
121,1*7
1
~J
O
!—1
21,821
5,924
25 599
2 496
4.775
1 731
7 199
I 010
1,590
7,875
41 014
1 599
7,3S8
2,970
25 898
1 364
7,249
360,656
5 252
07,376
1 989
10,173
291,599
38,794
11,542
5X, 476
37,4Si
445,446
~
19.S25
10 106
5,640
9 768
10 586
8 489
7 108
17*718
°6 973
11 611
21.7
^
'H
*-j
EJ
K
^
^
Kj
*
16s,014
105 418
4,350
109, 804
L79, 692
51,928
06
104.115
US) 053
156,048
3,350
5 298
7,000
1,8J9
5,304
577
485
85
•
2 780
7,509
11,812
307
66
6,050
4,219
1
I
34,060
19,305
154 905
167, 526
53, X47
6,553
"""••
47,019
6,9X8
I 02X.945
75,678
1 350,049
77,453
13,129
175,159
30,703
12,911
7,326
10,837
4, 406
13,246
869
529
1,692
176,687
4, 995
77,901
143,564
309,272
•
'
9, 208
372,922
Illinois
306,132
64,601
303,344
9,825
341,439
21,811
43,553
197,93G
3.. 777
8,613
25,925
97,228
39,433
S, 598
" 10,223
Wisconsin
30,424
69,478
295,164
39,433
8,598 3, 643,257
316,741
97,581
Total Middle Western Sfates
1
\ o r t h Dakota
South Dakota
81 412
2 74L
13,L50
45,956
° 704
Kansas
Montana r
Wvoniinj
Colorado
New Mexico
Oklahonui
4X5
62,963
S3,303
823
12,446
Minnesota
Iowa
6,524
6,607
19,226
128,028
20,633
145,097
508,803
23,910
19,237
2,538
76,428
925,2S0
659
4,065
2,291
11,2X8
19,259
1,444
1,900
4,307
214,839
207, 630
18.456
31,4X6
685
1,385
4,370
30,639
4,280
15,540
1,249
2,330
892
426
374
46
2,008
1,287
4,002
2,739
81,984
50,707
60,235
20,427
3,579
22,574
571,705
7, 758
2,785
78,236
67,221
411,100
1,227
1,920
3X.711
1,095
3,496
1,159
522
537
614
640
29
59
403
67
5X8,441
43,S39
2,366
009
589
4X6
MO
334
357
183
456
2,092
4,505
2,246
4,810
. . .
28
21
28
21
27,937
24,506
60,0X5
1,093
3,044
791
71X
2.270
7,048
13,0X7
803
5, 502
10,552
2,821
2,597
7.000
2,436
3,779
20,938
24,875
12,039
18,306
744
128
878
15,518
1,824
00,123
2,006
2,120
1,537
250
390
255
83,405
4,707
2,70S
1, 200
2,530
12,017
207,102 0, 429,796
4G0,010
203,200
G5, 900
119,194
J,73S,6S6
593
28,215
2,309
2,173
7,409
1,957
9,721
3,338
340
4,581
3,101
2,33S
6,402
10,779
9,2X4
13,908
13,803
1,346
10,SM
Total United States and insular possessions.... i 225,^19
333,544
509,340 1, 0*9,959
OS, 446
Total Alaska and insular possessions
i Includes all real estate loans.
i
641
791
495
~-t
O
335
124,002
r
2,700
2,207
4,257
-.1—1
47,674
i 12,903
1.242
2,851.
1,250
6,230
] 957
2,580
rs
666
4,491
Alaska
Hawaii
I'orio Riro
Philippines.
O
3,525
3X0
884
3 227
Total Pacific States
H
S29
509
359
Total Western States
Washington..
Oregon
California
Idaho...
Utah
\evada
Arizona
182,096
91,643 1, 243, 869
i
!
Total Southern States
Ohio
X
TABLE NO. 67.—Abstract of reports of condition of 18fiJ+3 State (commercial) banks, at close of business June 30,
1923—Continued.
to
[In thousands of dollars.|
Cash.
States, Territories, etc.
Massachusctf s
Rhode Island
Connecticut
Gold
coin.
15
50
244
358
2
2
33
602
4
99
751
14
179
575
11
219
23,275
1,163
7,785
159
1,923
1,043
906
34,305
372
89
1431
1473
800
ioi
14
109
2
125
ft
Savings
deposits
or deTime
DiviPostalcertifiNot
dends posits in cates of savings classified.
interest
unpaid. or savings deposit. deposits.
department.
^
~x.
•T
87
589
4,586
10,302
410
2,992
39
15,477
3 402
XV)
2,322
Q
31
1 997 !
325
g
118
h-
1,166,707
!
9.403
734
358
194
300
20
Time deposits.
. .
.
.
.
C
r
...
.
. . .
2(i, tifil
119,498
8,081
13,308
499
1,528
80
309
4
154
30,307
217,955
5,357
83,233
228
17,552
117
44
249
222
614
^
9,408
167,548
2,027
547
336,852
17,897
293
1,167,543
uS
3,684
3,213
.
66,429
71,421
97,639
46,371
89,807
45,042
61,664
52,971
150,139
135,307
80, 220
101,955
3,892
964
14,203
685
2,464
688
397
279
220
448
211
159
310
663
50,094
25,267
26,775
23,189
77,485
21,148
35,436
5,965
8,796
30,496
20,996
14,364
14,169
49,203
:J, 946
1,392
4 253
2,403
-
. . .
.
.
.
241
Tot al Soul-horn States
Ohio
Indiana
Ill i nois
14
19
65
Tolai Ka^tern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kent ucky.
Tennessee
coin.
IndiNickels Cnsh not vidual Demand
certifiand
deposits cates of
cents. classified. subject deposit.
to check.
20
.
Total New England States .
New York
New Jersey
Pennsylvania.
Delaware
Maryland
Silver
Paper
currency.
Demand deposits.
.
2,872
2,045
4,288
76
2,462
.
1,554
2,735
17,005
76
2.047
2, L30 i
22,041
13,440 1
34,704
31 006
460
2,803
67
5,173
550
6.056
5,607
- .
1,138
2,838
540
4,353
249*
37,191
'^, 178
19,592
29,170
29,198
73,049
3,522
18,557
29,694
T
4,743
20 570
}
30*
}
[/*
428
C
210,036
998,965
31,077
3,624
370,512
328,022
30
245,138
427,812
6. 163
7
20,809
113,743
37,301
1,010
115
2,861
601,451
36,775
91,363
623~
153,742
718,084
ilO, 018
888,782
2
_J
ft
57,677
Mulligan
Wisconsin
Mhinosola
I own
Missouri
-
1 254
7 195
177
353
539
2,419
77
6,457
..
J L5S
7,267
66,359
714
. .
Tot al Middle Western Sta1 es
Mont aim
\V vomi 1 K
1
Colorado
Now Mexico
Oklahoma. .
.
.
.
.
300
45
1
46*
.
IS 4Kfi
60S
2, S30
2 5,00S
53,413 I,SSI, 444
ii, 134
74
1:5,015
700
257
02
J, 156
274
724
7
.
T o t a l Western Slatos.
502
2, 130
7
- .
'
*
(>•'•">
' 65
250
197
Mi
Jr. 4
S2
417
020
597
9
13
3
3
2,199
25,850
45,699
103,020
16, 535
J1,66S
20,705
7,240
SS3,0J 8
128,338
52, 545
34,094
45,359
130 171
191,334
97,060
110,102
168
25
155
198,791
4,031. 1,616,646
760,648
816
1,095,192
250
699
2,435
7,782
59,258
88,138
579
124
1,120
440
419
125
101
203
00
92
4
14
2,694
8, 758
1,398
70,021
12,653
8,024
7 575
2,750
516
s
.
.
23, 602
230,723
3,212
37S
23,007
2is, 419
3, 296
4,033
IK 379
1
45,696
57,352
1,2*2
706
34
76
32,740
25,613
12,674
10,430
.
Total Alaska and insular i>ossossions
Total United Stales and insular possessions
1
.
3!i(), 345
407
170
415
KM)
45
5
75
16
2,423
19,4 13
5,597
4,020
.").0S0
1 019
152, 251
2, 5S7
206
S5, 7S6 j
3t,423
775
229
3, 571
1,692
4,75L
407
16
126
332
1,664
25
29,7i5
47
! 1!)
250
02
420
1,293
1.075
6, S00
1
99
G
(>
.1,705
23
3,637
3, 1 10
11,K60
li), 602
19,30S
47s
12, 648
108
5, Nil
Includes minor coin.
J 2, 253
131, 713
1,059
JO 593
s
J2,355
27,409
9,439
3, 143
13,347
,s
,")•>.")
617
.
o
70.33fi
200
154
112
121
.
13s 7i>()
156 735
J4
111
46
4,006
Total Pacifi*1 States
Hawaii
Porto Rico.
Pliilip pines
ls3
m
-
Washington
()rppon
• 'aliforn i;i
Idaho
I'tah
Nevada
15S, 5(i9
92,990
65,37S
247,913
1,443
2,733
9,6X2
G, -S7S
North Dakola
South. Da-kohi
Nohraskfl
20,027
121
J,17S
279
91*
<">7
53, 880
2, 520
S9
152,685 3, 500, 2SS
213, 622
2
2,177
10,023
9. 213
6.301
27,744 j
10,246
9, 514 2,402,929 1,399,655
()(•);{
50
4
4I
35,454
577,201
*>l 340
'300
407
o
:JS.
009 1
2,550
60,017
3,511,5S4
Includes cashiers' checks.
A
n
TABLE N O . 68.—Abstract of reports of condition of 1,643 loan and trust companies at close of business June 80, 1023.
[In thousands of dollars.]
'Resources.
1
Number of
bunks.
Maine
'
;
New Hampshire l...
Vermont
Massachusetts........
Rhode Island 2
Connecticut
Total New England States..
Overdrafts.
no
50
610
26,254
1,908
809, 8S0
446
345,878
2s
7
2,0S5.104
400)972
887,602
28, 474.
100 300
48,588
976
79
307
18
9S
21
823,982 '07,391
254,899
16,430
599, 155
55,603
13,5\7
1.831
61 003
5 °3fl
s, LI6
20,707
3,557,040
1,559
36
34
75
14
Total Southern S t a t e s . . . . . . .
....
estate
owned.
22s
SI 3
14 430
3,015
5,979
1 7*9
690
.
Other
real
67 779
7 824
14 942
13'' 532
96,162
26,639
S3
39
197
11
294
60 456
32, 876
53 894
11,012
75
30
193
35
159
158,238
175
11
15
20
161,341
7,681
6.751
15,106
;u
Total Eastern States
Indiana
Michigan».
Wisconsin
Minnesota
70,089
11', 707
51 365
485.131
105,722
85,800
Banking
Investhouse
ments
(includ(including furing premiums on niture
and
bonds). fixtures).
100
147
377
New York.
New Jersey.
Pennsylvania
Delaware
Maryland
District of Columbia.
West Virginia....
Florida
Texas...
Kentucky".. .
Loans
and discounts
(including rediscounts).
53
14
40
90
12
79
States, Territories, etc.
447
099
500
Due
from
banks.
6 826
1' 177
3 315
15'028
15,187
12,804
54,337
Lawful
reserve
with
Federal
reserve1
bank
or other
reserve
agents.
,")i 503
Checks
and
other
cash
items.
Exchanges Cash on
Other
for
hand.
resources.
clearing
house.
182
1. 1.97
52,000
12.729
1, 197
23,693
93,701
1,422,023
32, 395
11,579
31,509
820
1 580
1,428
187,519
7,163
21.251
' 851
2 644
374
3,880,496
753,283
1,774,206
50,035
204,348
87,008
79,311
219,802
0.755,436
22,S91
242
955
672
J50
5*3
13*694
285
9 713
4*0
154,007
27,502
192,844
496.537
232,222
20, 050
13 410
9,705
5 221
9,584
3 007
1'. 900
1 580
866
451
217
1 0°3
5
7,717
9, 863
r
> 6 9 043
1,714
59
*90
333
37,980
8,013
2, 290
28,937
171
1,577
40 077
39.291
4 590
10 ;{20
724
1 fi*f>
571
1 362
659
23
S9S
26 958
3
295
* 2,504
150,195
21,308
73 336
730,575
229, 400
217,203
10 233
242
a 2,072
362, 805 a 224,174
19, 165
3. 068
3.646
92,613
103
3,244
is 560
618
1,773.2153
558
1 730
10 127
2,352
78,934
497'
102, 150
33,009
45, 875
050
4 611
5,949
•'•"2,' 832'
2 624
360
721
10 S34
5, 468
3,686
Aggregate
resources
and liabilities.
»710
H)
7,921
3 002
258
849
1,148
2, 400
46
19
1,042
1,343
&
1 570
'218
437
481
1.794
1,003
88, K()4
57 185
75,518
24,775
4,773
3.715
246,2s2
5, S23
166
65
-1,300
49,025
303, 477
58,019
16, 876
55,932
395
11,G9S
o
Iowa
•
Missouri lJ
22 |
27,87.3
iox •
....................\
217,fv2.">
357
43(1, 277
200
4,420
0. 803 '
100,021 i
404
s,231
872
1. 507
1.739
04.924
220,02*1
21,935
5.380 I
90.420
1,009
172
3, 5S2
5 S42
' 09
20,430
90
221
97
17S
3S9
l,03S
2f>
121
14
210
290
450
28
323
4
10
34
a 1,305
1,910
6 1.X4K
13 X
189
177
0 99
31,421
137 !
3,317
1, 3S8
8, 700
7. 173
001
112
223
477
10
1,052
1,187
210
r
- 1,397
181
342
4,813
1,45s
10,528
41.003
418,100
7, 132
270
12,515 j
79, 104
S93, 473
109
3, 802
251
i
Total "Middle Western StatesJ
North Dakota.
South Dakota.
Kansas..
Montana
Wyoming
Colorado.......
New Mexico...
Oklahoma
Total Western States....
!
Hawaii (total insular possessions^)..!
11,892
13
149
•-» 1 0 3
7, 019
5
10
200
IS
1.038
21
.112
39
778
22
1,434
17
174
558
41
'442
3
13,390
*i
1, S47
1,237 J
i.O43 I 5,1)5^,954 !
297
•">. 140 j 2,423.803 j 210,270
201 !
21 I.. .
30
11
!
I
1, 090
40, 107 j
380,250
Id |
23
02
;
27
507,783
c
1.218
131,499
310
J24
43
491
5,113
12,151
II)'. 945
90S
5, SS5 g
42,722 fc
23,523
12
955
7, 824
123,43S
394), 403
9,499,259
* .Iune23,1923.
Apr. 3, 1923.
Includes commercial and savings departments of 28 banks.
iJ
10
2
ft
2
20
534
10
6 9G
2,400 |
!
- Estimated.
s
Includes lawful reserve.
' June 29,1923.
2379
T
8,79s
15, 457
33, 003
005
00. 220
3,019
758
008
1,501 j
i
20,203 j
^ Includes savings departments of 11 trust companies.
2
Includes business of branches.
*4 Inclndos exchanges for clearing house.
includes other real estate.
i , 4r>r>
2,017 j
RS
7,001! | 1.210
2, !7( . !
270
737 '
70
S05 I
217
1.384
2, 539
1.077
S, 897
3,300
;
Total XTniU'd Siaies..
13
73,910
Washington.
California 10..
Idaho
Utah........
Arizona.
Tov.al Pacific States
1,914
1,01.2 |
0, 457
8, 530
20/27S
304
33, 825
3,17S
200
£
K
TABLE NO. 68.—Abstract of reports of condition of 1,643 loan and trust companies at close of business June 80, 1923—Continued.
f In thousands of dollars.]
Liabilities.
States, Territories, etc.
Maine
Now .Hampshire.
Vermori t
MaSvSacliusotts
Ithodc Island...
Connecticut
Total New Englaiid States
New York
New J erscv
Pennsylvania
Delaware....
Maryland.
District of Columbia
Total Eastern States
West Virginia
Florida
Texas
Ivcntucky..
Total Southern States
Indiana
Michigan
Capital
stock
paid in.
Surplus.
Undivided
profits
(less
expenses
and taxes
paid).
Individual
United
deposits
Certified (including
States
deposits
Due to all checks and dividends
banks.
cashiers' unpaid and (exclusive
checks.
of postal
posta 1
savings).
savings).
o 215
4,029
558
2,545
37,919
13 165
9,283
4,363
904
2,423
16,385
6,641
4,764
1,3S0
930
2.0(56
35, 400
9 041
14,992
13
22,364
1,670
1,701
218
2,761
128,980
17,902
64,651
584,599
195.170
178,035
68,244
66,941
35.480
27, 128
8,263
1,169,337
J<M 637
40 475
5 904
11 215
1!,400
i 231 009
29,290
197, 548
3' 053
16,368
5, 750
14,102
44,233
1 800
5,490
2,919
595 435
10,041
39,261
878
5,314
673
3!>6. S!6
4S3,018
6S, 544
8 184
5* M0
11 160
4,'i'M)
4 S61
1 403
3 025
1, 721
1 519
862
1,985
497
29, W0
11,010
4,863
I'M), 185
i
r
2> (). )0
7,0o0
9 054
4,' 878
5 3I<)
4,'008
4,140
586
Bills
payable
(including
advances
received
from War
Notes and. Finance
Other
bills redis- Corporation liabilities.
counted. and certificates of
deposit
representing money
borrowed).
5,357
10
714
5,054
75
3,950
313
1,572
96
12,187
1.754
1,320
3.101
1,304
9,426
4,405
15,190
9,793
17, 242
3,364
15,088
12,883
1.091
2,823
30, 197
12,175
45,268
238
1,637
440
1S9.9S8
7,661
51,432
i,07L
1,942
1,302
397
208
2 2,632, 347
631,048
1,237,744
35,888
158,119
64, 174
651,602
12,1-11.
4? 759,320
18,060
89,955
256,396
2 317
2 229
3 005
569
419
607
974
127
66,132
44, 726
50' 242
15,571
J, 393
482
2,170
570
a 3,761
166
1,809
1,006
1,066
1,688
8,120
2, 127
176,671
1,875
6,667
5,569
0 103
2 078
4,057
629
48,498
1,102
' 76
4,036
7,624
213
202 6X1
40,274
990
1,203
142
19,584
3,637
"Wisconsin.
Minnesota..
Iowa
Missouri....
4,410
2\ 203
I. 507
17,421
1.075
1, SS7
1. 075
5.600
250
3.127
41.030
71, 058
37,00.3
18,904
51,486
400
000
2.225
2,850
75
4,165
350
170
152
057
1,072
37
2,038
130
85
157
G20
002
8
1,272
23
UK)
11.100
4.315
2.057
1,450
S, 775
I.(MIS
1.51 1
220
103
1.508
05
86
1.317
Total Middle Western Slalcs
North Dakota..
S«>uih Dakota..
Kansas
Montana
Wyoming
Colorado.'
Now Mexico
Oklahoma
1575
Total Western Staffs.
Washington..
California
Idaho
Utah
Arizona
841
Total Pacific States
1.478
1,426
2,057
4
S43
5. 833
2,038 |
80
273
S53
20
1.522
1,480
500
3
9.007
4, 191
5. 103
2, 790
17.273
5.033 j
14.903 \
70,017
20
4 516
37 108
24, 771
29S 072
030
010,789
9301
1
1
I
1,022
5.700
7.037
25,547
541
55.220
3,0-18
08
s
20 '•
330 ,
3.110 '
JJ08 "
•
.\
J3
04
132
88
34
1,401 :
42 : .
«S. 819
0. 1 IS I
O
W
H
O
07:*.
105 |
107
5
= 303
'
12.574
2.318
^
150 |
310 i
7.051
1.000
•' 4. 523
505
I.88«J |
12, 102
10 !
5W> |
' 3 47
S.I13
^
g
:» 11
g
11,175
H
.mil
093 i
!
T o t a l U n i t e d States
1
Includes undivided profits.
2
2. 131 |
804 |
019
I
H a w a i i (total insular possessions)
501,431 |
000,048 ;
J 33,346
Includes all deposits oilier than bank.
3. 478
744,074
3
27, OSS
Includes rediscounts.
0, S3], 01.8 i
21,919
41,233
* Includes bills payable.
12S;515 |
f
>
370,387
Estimated.
C
s
TABLE NO. OS.—Abstract of report* of condition of 1,643 loan and trust companies at close of business June 80,
1923—Continued.
c
oc
[In thousands of dollars.]
Investments.
Loans and discounts.
On demand,
secured
bv collateral
other
than real
estate.
States, Territories, etc.
Maine
New Hampshire
Vermont.
Massachusetts..
Rhode Island
Connecticut
On time,
secured On time,
by colnot
lateral
secured
other
by colthan real lateral.
estate.
Secured
bv farm
land.
Secured
by other
* real
estate.
..
71,419
10,496
. .
87,915
K 5,0-14
330 192
7, 620
40,210
IS,932
.
480,304
Total Eastern States
West Virginia
I'lorid'i
23,987
2,328
MO
20,855
1<>, 770
75 172
1 890
8,900
1,138
103,930
195,210
48,540
102,974
23,209
91 092
4,273
14,823
2,629
794,9S0
107,712
214 959
10,124
19,014
5, S32
130,020 1,213,257
=
=
-
=
=
•
1
i,173
1,000
4 25S
14,786
21,202
9,514
10,959
25,520
191,347
823,982
57,780
210,510
5,208
19,932
ft, 745
4
27,471
23 716
495
7,090
1,225
09,240
145,495
2,030
9,939
4,452
22,858
77 150
? 731
0,951
2,999
7,972
433,951 11,175,000
239,0(54
50,997
231,750
112,089
00,450
39.87ft
T>3,894
11,012
3,097
:
. ..
07,779
4,869
2,602
80,816
18,394
10,887
383
1 470
4,379
3,270
77,550
130,281
2,453
17,091
0,280
995
5 873
1 100
!
1,533
102,538
State,
county,
and'
municipal
bonds.
144,200 1,145,912
13,455
9;"), 787
101,014
3,401
6,042
10,021
19,841
•212
:
436
1,399
5 000
47,337
38,444
9,752
180,502
107,794
243,7S0
-
.
United
States
Government securities.
85,320
S9 109
13,805
Total Southern States
70,089
0,415
17 808
804
5.292
33,497
104,452
24.553
Kentucky
Indiana
Michigan
Wisconsin.
Minnesota
Not
classified.
1
Total New "England States. .
New York
New J e r s e v . . .
'Pennsylvania
Delaware.
Maryland.
District of Columbia
On demand,
not
secured
bv collateral.
Bonds
of other
public
service
Other
corporabonds,
tions (in- stocks,
Railroad
cluding
bonds.
street and w a r r a n t s ,
etc.
interurban
railway
bonds).
1,129,157
10,313
5 221
9,584
158,238
3,097
34,883
101.341
7.681
4.782
lo.106
14,252
31,825
39,291
2,293
19,592
719
4,254
258
338
i
982 •
Iowa.
MissourL.
417
!
Total Middle Western States.
853
North Dakota
South Dakota
Kansas
Montana
Wyoming
Colorado
New Mexico
U klahoma
r>,r>fio
7, 459
7,19:*
T.
7,459
'.
8, 585
I
272
195
4,257 I
7,7S9
Total Western States.
471 i
3:
Total Vacific States
0,427
4,734
1,049
909
6,93S
5,783
10,014
1,264
47
200 !
1
20,50'.) I
2,205 i
482
Ill i
1,426
3,120
2 :.
12,917 !
195,940
982
172
, 109
, 509
09
, 353
H7
221
473
1,333
304
33,825
242
200
,924
100: ,021
IS, 502
.V101
2 .
"=J
2
•424
39,129
474 !
207 J
917
5ti I
130,07S j i>54,251 jl,471,592
i
•
358
1,900
1,440
^
1—
SSO I
17,437!
11,300 j
5,108
1,753 I
~203~
! 584,510.
!
12,539 !
110 j
8,057 !
Ytil
110
3,300
1,175 ;
Hawaii (total insular possessions).
400,779
823 [
15,110 !
3.172 j
__
i Includes all real estate loans.
in!
1,384
Washi
;hington..
California
Idaho..
rtiih...
Arizona
Total I"lilted States
1,947 j
~~~~Y()12~
511
2,207 :
1.34i I
217, 525
1,00~> i
~
3,078
344
4.095
8,585
'.
157
029,513
1,905,573
!
3,5S4 I
520 I
9, 127
r-i
205
152 j
990
H
72,245 j 249,245 i 139,992
1,579 952
2
41 I
382,309 ,
TABLE NO. 68.—Abstract of reports of condition of 1,643 loan and trust companies at close of business June 80, 1923—Continued.
[Tn thousands of dollars.]
States, Territories, etc.
Silver
coin.
Gold
coin.
Maine
New Hampshire
Vermont..
Massachusetts
Rhode Island
Connecticut
Paper
currency.
630
351
239
230
4,548
3.058
51.
47
981
469
7,606
98
752
2,544
39
04
37
1,638
60
127
•71
27.156
10 006
26,964
706
1.389
1,320
179
303
9
3 436
9 522
67,541
I
New York
New Jersey.
Pennsylvania..
Delaware..... . .
Maryland
District of f!nlnmhifl
Total Eastern States . .
36,226
3,690
8,392
424,995
79,619
85,863
638,785
287,663
732,020
24,486
126,450
40,000
5 2fi1 1,2 JO, 619
'••
1,642
1,343
1,570
218
'
'
Savings
deposits
or deTime
PostalDiviNot
posits in
certifisavings
dends
cates of deposits. classified.
interest
unpaid. or savings deposit.
department.
88
508 !
S. 278
2,708
3,024
55
571
23
287
73,882
14,212
55,696
130,630
103,745
79,963
7,505
8,780
2,690
197
295
1,024
464,128
20,048
492
329,304
447,378
10,882
27,445
21,839
4,036
48,358
105
729
1,169
29
342
1,124
2,344
111
236
59
339
39
3,988
1,556
34,847
25,560
33,256
4,825
14,036
3,874
830,848
52,838
1,966
2.039,139
510
170
148
23,205
15,538
8,409
5,041
7,340
3,480
8,490
5. 705
98,488
25, 015
15,956
0,944 :
0,475
275 ;
27
.
.
13
537
318
52,313
5, 823
106
Total Southern States
16,933
838
1
O
1,013
o
6,363
5,608
H
O
14,539
4,773
West Virginia .
Florida
Texas
Kentucky .
Indiana
Michigan
Wisconsin . .
Minnesota '.
Nickels
and
cents.
IndiDemand
Cash n o t vidual
certifideposits cates of
classified. subject
deposit.
to check.
2,624
300
721
10,834
Total New England States.
Time deposits.
Demand deposits.
Cash.
76,010
266
77,621
1,306
::::::::::
9,002
270
48
3,085
13,290
28,904
2,632,347
1,248
48,784
40,274
4,738
5,294
9,360
43
.
.
r
250
3
o
1. S13
7 P3S
201,310
331
5,707
129
7 892
64,725
5, 7S9
26,330
3,592
39
307
3
12,110
217,350
K2,324
395
166,613
42,151
101,956
13
163
210
2,157
2.346
12,908
3S3
21,610
9X7
2
5
2,666
85
535
1,682
5
26
10
9,503
317
443
108
13
10
28.831)
'788
870
1,922
1.999
2,724
158
3, 158
1,155
45
1,082
40,601
3,309
89
41,347
11,986
362
1,155
4,673
lo
JO
i ;>t9
402
958
200
4,673
15
16
l,S4l
1,158
.
Total Middle Western States
North Dakota
South Dakota
Jv8 nsa tf
Montana
35
56
Iowa.
Missouri
H
98
5
50
-
23
630
22
.....
297
2
= 158
3
354
Colorado
New Mexico
Oklahoma
270
1,644
i
150
7
21
353
3
979
12
68
Total Western States..
198
Washington..
Idaho
Utah .
Arizona
.
.
.
2
25
40
308
4,523
96
167
T o t a l Pacific S t a t e s
21
1
H a w a i i (1 of al i n s u l a r possessions)
T o t a l United S t a t e s
1
4,995
1
356
1
a, 321
Includes time certificates.
77,159
123
1,S7i
6
5
053
3,477
37,010 2,210,516
s
116,177
5,717 1,563,090
153,196
2,820
2,779,502
lncludes minor coin.
o
472
TABLE N O . 60.—Abstract of reports of condition of 1,029 stock savings banks at close of business J une 30 > 1923.
j In thousands of dollar
Resources.
Loans
a n d discount s
• banks.
(including rediscounts).
Number of
States.
New Hampshire
|
Total Eastern States...
8,596
8,915
Banking
house
(inciudfurniture
and
fixtures.)
Other
real
estale
owned.
Due
from
banks.
13
17
405
46
2,101
4
Exchanges
for
Other
Cash on
h a n d . resources.
clearing
house.
1,450
22,703
2,012
250
23
196
Aggrcrate
resources
andliabilitios.
W
H
^
z.
H
i—1
1S,OS1
57
534
240
14 998
473
7,232
Cher-ks
and
other
cash
items.
391
105
314
8 729
1,795
22,367
Lawful
reserve
with
Federal
reserve
bank
or other
reserve
agents.
22
2
129
!
O
0
309
35
21
N04
375 1
800
418
62,455
^
25
10
1,429
—
2W
160
21 985
2.539
'
"
^
••"'
30
Wyoming
464
354, (MM)
4.92
9,811
34,027
357
11,S73
9
4,322
108
40,558
1 153
3,476
1,329
14
1,786 !
130
7,053
95
1,136
12.501
4fifi', 652
2
895
:
New Mexico
Total Western States
806
4
891
Michigan2
Iowa
Total Middle Western States.
32,891
2
Florida .
354,404
492
44,438
12,230
4,331
40.726
4,929
1,329
1,800 i
7,1S3
1,231
479,153
^
2
2
1,136
605
1
89
2
5
1,383
d
00
238
106
1
4
1
09
13
1,984
4
1,741
90
4
60
1,243
285, ."S2
0,030
600
102
78
36,106
488
113
5,109
354
4
402
48,379
1,505
303
1
205
29:3,017
30,732
5,010
50,854
370,077
51,706
10,298
100,486
1i
7S3.290
1,1)29
1,1M,S48
505
1
153
14
344
2,040
764)44S
12 940
2 118
i; 144
87
.
196
187
6
70
3
Oregon
California :!
Utah
Nevada
Arizona.
Total Pacific States
Total United States
11
1
1
28
New Jersey
Pennsylvania.
District of Columbia
Overdrafts.
Investments
(including premiums on
bonds).
24
2
s
887
:
5
2.270
A
iso
11
5,897
10
4.082
2
1
4,403
5
4
4,106
21
25,9*9
4,413
4,187
Hi, 705
5,918
1,227,295
31,004
5,901
6,302 1
24,854
7,5*2
l,790,0>3
25,000
205
16,205
127
159
1.190,081
21.745
3 308
[/
^
] liabilities.
States.
Capital
si w k
paid in.
Surplus.
Undivided
profits
(less
and taxes
paid).
Individual
United
deposits
Certified
States
(including deposits
Duo t o all checks and dividends
cashiers' unpaid and (exclusive
banks.
checks.
of postal
postal
savings;.
savings).
1
1,323
New Tersev
Pennsylvania
District of Columbia
1,000
10
2, fif'.S
1,450
400
1,141
44 S
149
3.67X
2,991.
533
149
50
30
25
SSO
32,54S
°73
15,291
150
6,959
7,iso
33, 12S
J5.5G4
7, 109
7, ISO
1°5
75
35
3*
64
200
73
68
295
76
44
S. 527
Total Eastern States
Florida
Michigan
Iowa.
Toial Middle Western States
Wvoming
New Mexico
Total Western States.
Oregon
California
Utah
Nevada
A rizona
40, 240
1 750
100
50
21,OSS
' SOO
40
100
17
23
i7
rj
' i
S
o
rr\
1,651
S,SO2J
7,442
1,051.
!
2sS
395,4S9
2ss
S, S02 j
7,442
2,200
H
i
J, 159
' 769
.!
. . . . .
11
.
0 ?12
2-t:?
^
r
*
'S\
1
144
* 102
His
Total United States
si,120
41.3*12
17,325
S, J54
1,92s
4 2:;t
1,114,0«)l
is 4"0
3 H)0
* i,177
l.l!l,0s2
1,962
4i2
15
95
2,105
1,125
23,1923.
i-rf
H
11 103
3S4,3s6
S.SH5
u n e
116
917
22,704
aj
E
917
53,573
42, 441
Includes exchanges for clearing house.
H
7
23
162
1,302
S->4
199
:
102
Total Pacific Slat cs
1
rt
H
3
!
22,4 1 9
2,044
29,110
So
6
50
2
15 9S1
New Hampshire
774
Bills
payable
(including
advances
received
from War
Notes and ^ Finance.
Oihor
bills rediscount ixl. ami certifi- liabiiiiies.
cates, of
deposit
representing money
borrowed).
- Includes savings business of departmental banks.
•* 4
'
•
21
11"
!
i
C:
K
4,347
12o
21
4.65»
S, 959
S,3M)
4 Estimated
G,'i60
& Includes postal savings.
Qv
TABLE N O . 69.—Abstract of reports*'oj• condition of 1,029 stock savings banks at close of business June SO, 1923—Continued.
[In thousands of dollars.]
Loans and discounts.
On deOn de- On time,
mand,
secured mand, secured
bv colby colnot
lateral secured lateral
other
other
by colthan real lateral. than real
estate.
estate.
Slates.
Investments.
On time,
Secured Secured
not
other
secured by farm byreal
land.
by colestate.
lateral.
Not
classified.
i 7,168
1,128
!
New Hampshire
2,055
390
1.032
598
196
949
3,083
262
142
8,724
63
6,045
1,791
5,784
1,521
1,260
1,790
15
3,360
63
13,620
1, 743
3,487
10,245
2,063
5,165
866
314
13,979
5,764
3,517
4,214
9,811
7,153
13, 979
5,764
3,517
2 528
3,697
1,280
156
4
1,670
6,225
. .
Total Eastern States
1,280
1,830
9,873
9,873
4,214
16,964
31
24
31
24
1
34
35
1'lorida.......
Wyoming
N ew Mexico
Total Wcstorn States...
Oregon
California
Utah . . .
Nevada
Arizona
Total Pacific States.. .
Total United Stales
5,438
•
New Jersey
Pennsylvania
District of Columbia
Michigan
Iowa
Total Middle Western Stales
Bonds
of other
public
service
State,
Other
United county,
corpora- bonds,
States
tions (in- stocks,
and
Govern- munic- Railroad cluding
bonds.
ment sestreet and warrants,
ipal
etc.
curities. bonds.
interurban
railway
bonds).
. .
7,819
20,564
54,087
123,047
83,305
30,548
464
34,630
7,819
20, 564
54,087
123,047
83,305
30,548
35,094
803
1,136
8
32
82
8
32
82
363
363
9
111
9
111
j
1,136
2,640
72, 815
1,243
167,633
3,265
121
102
2,81.1
502
603
1,091
98
725
562
1,299
275
i 69J, 633
6,411
681
3,313
603
1,1 S9
1,287
1,571
(>98,725
76,599
119,171
646
393
1,043
172,364
17,365
22, 179
57,188
134,570
84,951
750,172
115,123
136,979
10,287
15,187
7,344
200,280
117,949
1/222
011
35
393
539
504
1,1.44
Demand deposits.
Cash.
States.
(.'old
coin.
Taper
currency.
Silver
coin.
Indi1
Nickels Cash n o t vid 1 ul Demand
certifideposits cates of
and
cents. classified. subject deposit.
to check.
Time deposits.
Savings
deposits
or deTime
DiviPostfilposits in certifiNot
dends
savings
interest cates of deposits. classified.
unpaid.
or savings deposits.
department.
H
O
New Hampshire
New .1 orscv
Pennsvlvania
District of Columbia
Total Eastern States
-
—
:
:
—
• • " • -
6
11,336
6
11,336
710
66
130
J 30
2G4
130
394
4,930
I
3
17
1
I
3
17
1
3 155
07
31
4
56
PS
Total Pacific States
3,553
4
.1S4
Total United Slates
4, 35S
1,030
5,887
• -£-
—
-
-
-
-
•
•
•
•
702
1,070
39,005
702
J, 076
.1,1 fiO
76
105,445
255
11 103
140,211
12S, 461
9s
3! 0
105,445
3,570
255
157,344
12^,461
9s
3J0
105
1 159
5S3
81
2
105
1,742
HI
1S6
12 750
423
2 992
1,057,843
17,795
3 147
1,177
510
10
2
13
28
S04
50,24S
113
12,964
131
436
5
12 l,0S2,954
1,314
113
56,248
13,448
117,388
4,315
321 1,298,249
130,034
~2iF
5S, 240
a Includes minor coin.
'>
?
3,570
2
Includes all real estate loans.
•
22,029
2, OH
J 1,992
350
756
4,930
•
71
952
Oregon
California
Utah
Nevada
Arizona
-
•*70
777
Total Western Slates
-
25
27
1
952
Wvoming
New Mexico
-
390
777
Total Middle Western Slates
•
32
13
711
Florida
Michigan..
Iowa
15.9S4
57
3~
7
17
TABLE N O . 70.—Abstract of reports of condition of 618 mutual Havings banks at close of business June 30, 1923.
[In thousands of dollars.]
Resources.
t=:
States.
Maine
New Hampshire.
Vermont
Massachusetts 1
Rhode Island . . .
Connecticut
Banking
Loans
hou>e
Number and dis- InvestOther
mc-nis (mcludof banks. counts
real
iug
(includ- (inch idestate
ing redis- mi urns or ': " a n d
owned.
count^). bonds). ! fixtures).
40
44
90,491
S2,860
20,019
613,466
81,764
221,107
704
945
3S7
12,271
982
3,242
115
7s
8."
377
109
519
1,311,220 1,109,707
IS,531
11.') 1,757,713 1,415,590
26
88,775
117J8K8
48,216
281,007
7.177 !
13.957
39,524 | 106,084
17
Total Eastern States.
Ohio
Indiana
Wisconsin..,
Minnesota 2 .
Total Middle Western Slates.
Total United States.
Exchanges
for
clearing
house.
Casli on
hand.
Other
Aggregate
resources
and liabilities.
388
367
327
3,884
701
11,655
2,126
114
8
26,023
1 i s , 678
144.496
S2,8S9
1,543,413
111,891
492.01S
17,322
2S,298
2,523,385
15,404
717
41.004
1,405
19S
2
47
3,365,56-S
216,471
351,16S
23,16L
152,232
27
3S3 !.
17 i.
1,285
30,558
404 |
27,643
2,215
1,756
658'
1,462
3,918
42
577
400
338
104,296
5,248
14,442
649
4,234
3,539 j
155
105
3
199 ! 1,941,705 jl,934,526
33,734
5,275
12S.869
3,539 !
2(53
26
IX, 007 I
2S.660 I
14,390
2.373 I
1,273
343
41
357
20
85
1,599
87
3
], 738
6,078 I
.......:
443 i
:
171
108
11
115
109
1,817
148
54
3 906
552
.....
15,518 |
35,286
3,658
2,018
50,329
60,941 •
91,291
2,014
156
3,509
6,521 i
405
2,925
553
7,-t'2S
43,920
422
949
47.032 !
51,348
1,371
566
618 ,3,360,S9S ;3,186,872
55,650
7,282
H
C
168,438
15.599 !
3L,433 !
O
74,031
20,260
5.042
09,099
19
1U6
14
79
9 '
24
Washington..
California
Total Pacific States.
Checks
and
other
cash
items.
1.656 !
2, L99
2. 740
25.926
4,037
Total New England States
New York
New.lersey...
Pennsylvania Delaware
Maryland
25, 297
5S. 047
57,139
886,992
54.273
229,472
Duo
from
banks.
Lawful
reserve
with
Federal
reserve
bank:
or reserve
agents.
3 ;
1.328
15
543
"u
123
2,273
2,273
386
4
28
1,157
171,209"
10,44c
1,136
177
39,411
O
E
42,056 | 4,108,600
24.458
79,944
317
8-10
386 i
H
237
104.402
71,744 j 6,904,825
c
Liabilities.
Undivided
•profiis
" (less
expenses
and taxes
paid).
•Stales.
0 , 3.">9
S, ();">()
Maine
Now Hampshire
Vermont
Massaehi iset Is
Rhode Island
Connect icut
<>; i : u
(if-,, 307
2, 111
22, use
|
!
!
.
•
Total Eastern states..
3, sr.c,
3,940
2 rr
02,472
7,901.
17,6."3
<3i:>,922
• s > !•&'>
21,20s
2, (524
° J 2. J ()."i
Oth»r
HabiHiies
37 L
2.">
1
1.423
10S,(M)2
132,4SJ.
74,1W 1
J, 413,211.
4-K),
7,203 |
S29
240
240
•-
U10
1
'
!
1.".!):)
i . \l\>
:
20 j
J 7 . : n s •.
•UTM I
V"). ;")93
3 0,239
410
H
O.
fi. 771 L
|
2,34:1
243
« 2, (nr,
Total Middle Western Si ales.
Individual
deposits
(including
dividends
uniiaid
and
posial
savings).
C2l j
370, ()->2
!
Ohio
Indiana
Wiscon>i n
Minnesota
One lo all
hanUs.
1,347
Total New England stales
New York
New Jersey
Pennsylvania
Delaware
Mar viand
Certified
cliec-ks
and
cashiers'
checks.
Bills
payable
(including
advances
received
from
WaiFinance
Corporation and
certificates
of deposit
representing xnoii ey
borrowed).
104
£J,rt24
California
Total Pacific Stales..
Total Uniu'd Stale.?.
1
Includes bi!*:iness of bra
a IncluUrtS 2 ^tock saviugi
11,107
<i,5KJ i
- i:-.aimat.'tl.
* luL-ludea undivided protits.
• I u (- 1 de.- gnara TI iy I'uud.
.1 1
6 liii-ludes uapiiul stouk of 2 stock savings banks.
TABLE N O . 70—Abstract of reports of condition of 618 mutual savings banks at close of business June
30,
1923—Continued.
00
[In thousands of dollars.]
Loans and discounts
On de- On time,
mand,
secured secured
by col- by collateral
lateral
other
other than real
than real estate.
estate.
States.
Investments.
On time
Secured
not
secured bv farm
bv collands.
lateral.
Bonds
of other
public
service
State,
United
corpora- Other
States, county, Railroad tions (in- bonds,
and
Governcluding stocks,
ment se- municipal bonds. street and warrants,
etc.
curities. bonds.
interurban
railway
bonds).
Secured
by other
real
estate.
Not
classified.
25,297
.13,041.
5,479
153,114
5,357
5,357
Total New England States
New York
N ew J crsev
Vennsylvania
Delaware
Maryland .
10,245
869,215
7,097
537
2,322
785
2,180
. .
....
200
12
100
86
5,824
Total Eastern States
Ohio
Indiana
Wisconsin
Alinnesota
10,245
45,006
51,660
733,878
38,671
312
7,183
46
46
39
Total Middle Western states
462
Washington
California
1.865.714
1
Total Pacific States
Total United States
31 030
31 030
5,824
5,715
17,467
20,058
985
205,561
20,003
106,443
6,001
74,908
32,453
11,716
90,491
38,466
3,176
17,088
9,185
12,305
367,188
93,680
353,050
125,078
170,711.
30,020
94,913
1,243
23, 819
29,420
51,575
3,341
12,419
1,415,590
55,842
2,606
123,827 *""*4,'676'
6,022
5,899
523
2,951
48,627
15,502
5,717
62.210
149,995
96,755
234,195
23,123
2,760
1,531
631.
14,012
936
55
2
4,922
14,948
55
2
' 229,472
;
426,403
11,725,564 :. 25,052
88,103
135
45,367 !
327
6,680 - 37, 158
39
i
' -- -
4,320
2,537
44,642
7,385
34,796
60,856
1
Vermont
Massachusetts
Rhode Island
Connecticut
20,016
7,320
271,267
12,738
55,847
28,660
14,390
2,288
15.5J 8
Maine
462
2 705 959
15.599
403
16,002
11,231
533,336
18,514
2,127
394
50,329
71,364
7,428
32,689
11,231
56,\ 471
1,430,458
40,117
205,383
587,300
148,203
3,712,650
States.
({old
coin.
'Paper
currency .
Silver
coin.
Time deposits.
Demand deposits.
Cash.
Indi-
Demand
certificates of
subject
to check. deposit.
Cash n o t vidual
classified. deposits
Nickels
and
cents.
Savings
deposits
or deTime
Postalposits in
certifi- savings
Not
cates of deposits. classified.
interest
or savings deposit.
department.
o
H
C
Maine
New Hampshire.
Vermont
3ss
. . .
Massachusetl s
li h o d e I s l a n d . .
Connecticut.
Total New England States
.
.
9
573
j
.164
.
9
f>73
1
New York
Is7
1x7
.16, 575
-8
S
J.") 404
New .Tersev.
Pennsylvania
13 el a ware
Maryland
57
225
10
21
0
76
5,189
3,717,893
76
42
32
2,21S
s
.15,446
279
JO
1,526
2
406
148
.
.
.
13
Total Middle Western States
292
12
2
1,565
-
1,0.r)4
402
10
42S
402
10
42S
1,161
.
es
4,784
1
Includes all real estate loans.
.
40(5
o
p
67
C
!
420
1-3
41
154,726
,461
23,624
75,488
_.
317
11
67,212
16 912
4,736
65,866
67
--
-
317
Total Pacific States
39
906
Washington
California
Total I'nited States.
2
2,310,426
3 044 130
195,999
317,554
20,105
140, 105
779
1")
7
H
ti
4,410
1
1
649
1,09r>
15
459
303
Total Eastern SI al es
Ohio
... .
Indiana
Wisconsin
Minnesota
367
327
?, XI4
24
11,655
70
94
!
108,092
132,481
73,969
i 4i3 211
J 31,844
450, *29
99 112
5,376 I
33,392
2
411
6,2S2,157
Includes tiiae certificates.
461
76
67
TABLE N O . 71 — Abstract of reports of condition of 604 private banks it close of business June SO, 1923.
oo
[In thousands of dollars.]
O
*
Resources.
States.
Connecticut1
Loans
Number of and disbanks. counis
(including rediscounts).
Overdrafts.
1
327
4
96
9 604
857
1,211
204
11,672
4
21
3
3 220
' 254
27
Ohio. .
Indiana
Michigan L
Iowa l
Missouri *
Total Middle Western States.
Kansas
Montana. ...
Wyoming
Colorado
New York
New Jersey
Pennsylvania
Total Eastern States
Texas 1..
Arkansas
Total Southern States
Invest- Banking
Other
ments
house
(includ- (includreal
ing pre- ing furni- estate
mium on ture and owned.
bonds). fixtures).
76
232
IS 931
1 759
1,864
2
•
Lawful
reserve
with
Federal
Due
banks.
bank
or other
reserve
agents.
Aggregate
Checks
and
ot her
cash
items.
resources
Exand liachanges Cash on Other
bilities,
for
resources.
clearing hand.
house.
22
1
753
2
1
1,277
128
217
41,067
•1,397
6,994
g
2
J2
1
1, 138
1,652
1
284
1,767
»390
32
22
2, 530
2, 130
10,033
444
67
16
229
6
75
5
402
37
10
8
239
83
235
80
439
10
9
1
i?
2 477
20, 380
5,533
18,509
3S2
67
66
26
209
4
4 379
2 230
' 592
1,125
6
769
560
271
194
373
65
72
227
519
.12
1,113
' 5
4 076
3 832
633
2.929
fix
67.281
372
8.332
2.277
1,956
11,538
13
3,825
6
312
6
488
3,076
31
22,554
237
2
3, 474
95
114
44
75
3
361
.
...
L
52,458
^
26
. ...
4,559
328
£h
291
26
4,887
O
999
715
32
144
154
54
2S', 193
8 100
24,948
490
^
~
384
95,093
!Ej
1
6
395
.11,642
102
£2
g
p
7
•
2
094
3.261
49
121
163
1
o
•117
202
51)
24
1
212
99
26
13
211
266
2,273
1
55
117
20
471
45
306
12
3
27
33,362
3
15
2
3
Total Western States
U
:*, 655
166
3, 889
32S
491
3,206
27
46
1
509
7
12,325
Total United States
604
86,409
781
35,090
5, 446
4,957
25,297
239
711
283
4,233
2,070
165,516
H
809
135
194
11
81
663
o
H-l
8 478
621
934
1 574
202
754
^
Ja
L
15
j
2
n
Liabilities.
.States.
Connecticut.
Capital
stock
paid in.
Surplus.
i
New York
Now Jersey
Pennsylvania,...
Undivided
profits
(less
expenses
and taxes
paid).
2
705
10
3 31,030
2, S94
2,663
16
1. <s9K
* 5,429
S03
37
24 S
1 '>'>»
a X79
Total Eastern States
Individual
United
deposits
Certified (including
Slates
Due to all checks and dividends deposits,
cashiers' unpaid and (exclusive
hanks.
checks.
of postal
postal
savings).
savings).
i.sys
10,033
Bills
payable
(including
advances
received
from War
Note=5 and
Finance
Other
bills redis- Corporation liabilities.
count ed. and certificates of
deposit
represent ing money
borrowed).
30
37
10
6
211
14
125
1,659
217
563
Total Western States
Total United States
1
3
3
Not under State supervision.
Includes oilier real estate.
Includes exchanges for clearing bouse.
53
350
2.4:59
IIS
25
22
2,721
190
10
2^L
225
37
31
6
919 :
191
111
1-13
2f^
2.911
10
2S1
262
37
L047
7ss
SS7
1X2
401
47
309
127
4>3
136
69
56
S3
94
62
10
9
°S.499
23,516
6.657
91 9fW
63*7
15
1S7
264
130
355
550
S79
1S5
570
7 17
121.
107
163
3SS
1
6, 0G5
2. 504
1,715
21
930
25
570
10
25
Total Middle Western States..
Kansas
'Montana..
Wyoming.
Colorado....
30,587
106
5
30
Ohio
Indiana...
Michigan
I owa..
Missouri
10
151
40
1 940 .
2. 100
554
1 44!
. Tola! Southern S t a t e s . . . .
1. OSS
SV4 .
25 I
Texas.
Arkansas
o
42
24
s
030
106
77
176
9,512
12, S94
.1,919
1,751
40
.i
s
09
344
205
80,262
< Apr. 3, 1923.
6
Includes undivided profits.
. .
239
i
7S0
SO
3
46
1.1,201
170
2.201
32S
10 655
SI
137
89
40
2,1)32
3.302
131.666
a
7
31
1,270
n
Includes all deposits other than bank.
Includes rediscounts.
OO
TABLE N O . 71.—Abstract of reports of condition of 604 private banks at close of business June 30, 1923—Continued.
00
[In thousands of dollars.]
to
Loans and discounts.
States.
Connecticut
78
Nr.w York
New Jersev
Pennsylvania
14
On time,
secured On time,
by colnot
Secured Socurcd
other
lateral
secured by farm byreal
other
land.
by colestate
than real lateral.
estate.
109
91.
212
303
S4
84
Total Eastern States
Total Southern States
. . . .
Total Middle Western States.
X ansas
Montana.
Wyoming.
Colorado...
39
154
State,
United county,
States
and
Government se- municipal
curities. bonds.
Bonds
of other
public
service
Other
corpora- bonds,
tions (in- stocks,
Railroad cluding
bonds. street and warrants,
etc.
interurban
railway
bonds).
31
Sli
134
204
16
.142
1S,93L
974
505
158
20; 470
54
ft I
i 1,676
5,857
323
411
281
6
259
716
376
237
87
149
193
315
2,307
6
2,410
6,138
975
613
338
23
653
220
149
13
111
34
2,187
1
7
1
9
25
23
873
149
13
145
2,187
s
10
25
40
1 283
916
97
643
819
386
193
22 477
20,380
1,673
8,629
14
62
25
22
126
14
2 277
J 314
330
384
6
53,541
2,939
895
47
140
4,311
224
43
50
49
121
161
274
3«
279
7
157
26S
649
1,768
1,493
4,790
1,014
2,587
40
382
435
1,026
425
233
2,417
658
6,283
3,601
510
Total Western States
1,626
233
65S
2,526
888
4,432
9,249
579
234
510
Total United States
Xo(;
classified.
66
2,071
Texas
Arkansas
Ohio.
Indiana..
Michigan
Iowa.. .
Missouri..
On deOn demand,
mand,
secured
not
by collateral secured
other
by colthan real lateral.
estate.
Investments.
234
3,620
394
62,260
4,083
3,789
100
3, 134
3 775
6
8
1,518
464
329
28,695
Demand deposits.
Cnsh.
States.
Cold
coin.
2
N cw York
New Jersey
Pennsylvania
20
703
-)
1SI
:
s
7
!)53
2
3
Total Eastern States
i.")
4S
1
Total Southern States
4
l.'i
1
52
79
7**3
-
14
33
134
V>1
1]
.
203
2
IBS
1,572
2fif>
1 O';2
' 133
g
^
O
H
•t] (Y<n
13
220
20
715
So
137
12
1 5^7
0 403
295
O
:'
1 0>;0
I SO«
3 ->1')
i
v>
1 ^7
P
57
1,155
11 594
M
31,231
1").")
4
107
S()7
705
Savings
deposits
or deTime
DiviPostal
certifiNot
dends posit s in cates of savin.es classified.
interest
unpaid. orsiivings deposit. deposits.
department.
o
'MR
2
•
>
054
IIS
fl
Texas
Arkansas
Ohio
Indiana
Michigan
I o wa
Missouri
Taper
currency.
Silver
coin.
Connecticut
Individual Demand
certifideposits cates of
cents. classified. subject deposit.
to clieck.
Time deposits.
109
0 073
14 544
l' 101
431
29
|
3
2
o
l
>
SOt
040
f,20
997
1,017
O
( 9-'9
>
'710
^
7 0l)9
00°
S 054
S3
3 f,Q7
^
* • •
Total Middle Western States
123
<>
79
Kansas
Montana
Wyoming
Colorado..
Total Weslcm States
Total United States
1
Includes all real estate loans.
120
1.04S
1
40
3
27
949
17
310
2
49
199
2. 449
s
207
22,158
IO,75S
13,82*
324
13
IL
1 079
3
29
0,147
353
1,079
3 Gl>2
!, 340
29, 450
22,77S
15,353
19.559
Includes cashier's checks.
11,372
07
3 514
no
370
21(5
256
5 73S
43
13
si
19.S79
r^
95
(-H
KJ
10
207
8
H
' *
*
44,253
W
tt
^
O
Includes minor coin.
OO
CO
TABLE NO, 72,—Abstract of reports of condition of 21,987 Stole (commercial), savings, private ba?iks, and loan and trust companies at clone
of business June 30, 19<i3.
CC
[In t h o u s a n d s of dollars.]
IS
Resources.
!
States, Territories, etc.
Maine
New Hampshire
Vermon t
Massachusetts
Rhode Island J
Connecticut
Total New England States,
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina !
South Carolina l
Georgia
Florida
Alabama
Mississippi.
Louisiana
Texas
Arkansas
Kentucky«
Number of
banks.
1
93
09
59
293
29
161
Loans
and discounis
(including rediscounts).
95,380
78 350
108 504
1,372,498
165, 828
327,054
Banking
Overdrafts.
Investment s.
fix l u res.
83
39
201
12
120
158 270
99,599
34 961
740, 187
179,211
250,411
704
2,148,220
455
1,468,639
584
220
707
41
163
35
4,043,449
536,3S6
1,144,318
41,130
215, 464
70,955
1 307
88
137
20
137
34
2 019 159
413,290
1,050,385
35,93S
198,208
27,939
1,810
0,051,708
2,023
4,344,785
2,493
1 278
1 200
20,708
4,112
9,825
335
222
534
345
583
228
251
325
232
980
403
475 .:
108,014
105,874.
201,012
109, 804
212,831
85,070
92,550
104,l!5
223; 633
213,102
109, 820
165,917 '
183
382
37.1.
849
349
81
130
1,155
839
1,202
401
030
19,825
28,814
.15,095
9,708
10,407
LH, 568
9,978
25,534
38,851
16, 899
11,102
44,244 |
Other
real
estate
owned.
502
107
310
992
200
.1,129
Due
from
banks.
8,482
3,707
6 055
41,108
19,503
13,037
WM.ll
Federn 1
reserve,
bank
or other
reserve
agents.
§
Checks
and
other
cash
items.
Exchanges
for
clearing
house.
51,603
356
1,351
246
10,027
207
2 2,490
1,448
14
53,210
13,630
Other
Cash o n
h a n d . resources.
Aggrerate
resources
and Habilities.
C
~
Jj
i—
3,012
784
1 048
14,738
0,444
15,792
5\r>
10,247
2,366
105,301
20S,873
1 S3, 885
J 50,225
2.274,809
' 379,747
727,124
O
£
M
H
JS
C
r
3,300
91,952
1,402
41,81.8
122,355
3,990,003
£
124,952
21,163
71,009
2,826
9. 522
10,277
3 918
3,807
27,87S
759
1,615
918
23^ 860
41,955
71,918
1,877
9,653
7,399
483 847 «295 482
3,590
21,631
118,81.7
4, 785
4,383
160
23,343
1,222
150
712
3,072
15,018
338
3,052
849
81 280
13! 848
42,272
1,021
4,444
2,232
275 207
9,199
23,129
853
2,995
531
8 701,407
1,008,035
2,509,700
89,311
409,715
121,999
^-s
£
239,749
38, 895
365,002
052,171
305,951
22,929
3il,917
.13,080,893
C
6,824
8,179
8,199
3,450
9,779
4,094
3,046
2,880
11,180
31,147
4,813
5,4S3
1,804
1,155
2,051
2,030
3,852
710
2,160
1,308
2,845
5,837
2,419
786
16,471
20,891
31,842
15,304
9,967
26,702
12,323
20,150
35, 805
4 639,990
5,392
2S,192
28,650
L, 991.
210
2
2,745
830
776
2 1,304
1,700
03
2 J54
223,502
238,880
209,077
146,337
294,471
142,729
132,55S
167,133
341,539
300,377
162,92S
255,099
W
W
K
^
O
*5
45,610
3
Lawful
reserve
4,383
8 QS$
' 10
23,641
1,407
360
145,103
3,081
J, 502
4(58
3,068
840
672
5,270
1
914
4, sr^r,
5,052
1,778
4,253
3, 771.
3,001
2,712
5.531
17.027
3; 200
6,274
4 100
958
2,710
2,056
4, 479
1,229
1,181
2, 538
4,277
11,094
667
2,299
H
t
^
464
Ohio
Indiana
Illinois.
Michigan s .
Wisconsin
Minnesota..
Iowa
Missouri 7
,
...
Total Middle Western States.
North Dakota..
South Dakota.
Nebraska. .
Kansas...
Montana
Wyoming
Colorado...
New Mexico
Oklahoma.
593
10,305
7, 234
2,079
45, 707
5.607
10,879
264,863
2,020, 534
7,105
275,050
90,514
29,042
320,802
64,772
19,481
12,795
57,465
18,473
2,916,093
748
859
L, 412
1,0X0,082
369 033
1,356,049
379, 810
349,471
333' 908
593, 781
559', 346
623
671
1, 282
2,078
523
893
1,088
1,728
320,824
85 727
467,122
558, 497
95, 836
106,323
55, 509
176, 455
•10,028
18 700
42, 320
30,113
12,793
J1,853
19,219
20, J J 2
IS, 938
3 162
o! 467
3, 884
1,865
X 238
9,162
5,271
100.677
60' 003
278/102
4,244
1,853
4
31 352
74,569
134,859
39,202
6,511
4 731
8,267
6,161.
3,031
3, 002
') ;$'>;-,
9 529
38, 745
845
1,159
1,390
1,495
Total Southern States
167,526
5, 380
Tennessee "
29,194
12 S49
40, 947
20, 561.
9,903
16,346
11,103
17,810
12,967
~>'} 465
7,561
20,102
' 823
13 182
3 193
1 s, 861
1,688,691
607,34?.
2,251,360
l,14f>,28<)
' 530 469
520 963
779 83S
914,001
,_
5
E
^
iS
£3
8, 539
5,021,540
8,886
1,860, 293
195, 738
56,987
(585,659
214,330
43,617
98,642
IX), 100
129, 157
8,479,955
O
3 919
5,053
7 170
7 S3 7
3,3S9
708
3,016
653
2,359
5 367
6,080
5 243
3 ? 532
2 917
422
889
420
1,037
380
4 24,392
39 635
4
42 395
;J
' ] 1,796
4,116
439
1 901
•> 1.5,227
7 978
465
.116
132
MO
\ 156
42, 890
144
•'0 937
969
6, 859
7 OS?
i .",25
'634.
552
577
316
259
25, 907
647
556
944
1,0(58
242
89
224
59
415
Total Western States
Washington
Oregon..
California..
Idaho.
Utah....
Nevada..
Arizona
Total Pacific States
Alaska 6 . .
Hawaii..
J'or to Rico.
Philippines i.-
240
7.1.6
1 125
756
408
100
163
44
332
5 897
2, 463
11 288
22 s84
11,770
905
26 658
1 314
10,487
4, 274
899, 577
3, 884
93,666
34,104
270
180
429
109
97
24
51
.
98 593
146,975
214 839
2JG,38J
61,341
20, 005
65, 432
JO 194
59,81.1
95,219
69, 801
1,222,483
' 22804
64, 855
15 447
32, 725
85
138
1,046
49
223
101
42
37, 982
25 809
435, 959
5 016
15,569
2 242
7,309
5,915
2, 725
59.445
1' 209
1981
' 550
2,137
1,523,454
1,684
52!), N80
73, 962
13, 111
-> iO
1,109
15
IS
17
! !
Toial Alaska
possessions
: 100
>
35, ISO
27.157
SO,939
1.920
\ 119
6,888
1 000
2 046
13°
1 Of Hi
' 702
21,694
1 SS5
JI7I i
5.'MS
r>: 71 i
1J51
I0S
700
207
507
23,455
24,525
3,001
1,73S
2S
1 600
5, 033
109,624
50,534
1 746
7,224
0 2'?()
4S8
352
1,383
26
379
43, 213
10,212
3, 837
2,605
4
125 270
196,360
H
290 201
^304 414
~
94', 99S
27,911
Zc
115,102
r1
•>L 404
—
92 444
ri
351.
' 75'
3,162
4;;o
2,199
140,287
21,434
5, 561
1,39S
29, 708
! s, 578
J, 274,164
ZX.
1,225
13,894
99, 761
3,955
10 165
2 887
4 7,008
17,058
2 822
56)480
622
2 310
29
358
544
18,497
81
356
112
90S
1,062
17,840
2H
soo
3.015
4,219
P.S.075
I,'142
i, 190
1 03S
* !. 130
2,681
2, *21
2S 816
280
872
] t()
.100,972
1''5 011
1,985,290
30' 432
100, V27
22' 735
U.
t—
5:;, 40!)
35,010
07 i
0! 70!
^
lO.iNi
is
2.5*4!)
J. 0!)5
11,359
U2, SSO
^
10,324
15,421
261,150
138,895
13 383
73
79,:)21 |
1 102
0 020
5 295
L0,3! 7
i
19,0 IS
50
ill
SI!)
417
9">
20, < i
M
i !! I
ij; 7
-1
5:-;, ;-;:>».
2,490,221
7
£
••••»•',
and insular
Total United States and
insular nossessious
61
116,742
2.000
^
<
° 1,937
1 \ 411.775
A~
552
s.fli)2,S14
......... \
6S2,774
1
includes business of brandies.
3
Includes exchanges for clearing house.
s Includes other real estate owned in State and private banks and trust companies,
* Estimated.
1.436
23,33!
i ,.700,501
1 (N5 0^1
'no p-M
505,993
OS],511
•' Includes lawful reserve.
c
June 25), 1923.
7 April 3, 192:?.
a June 23,1923, exeapt private banks.
3 2 , 5 ^ , 115
CO
TABLE N O . 72.—Abstract of reports of condition of 21,987 State (commercial), savings, private banks, and loan and trust companies at close
of business June SO, 1923,
OO
[In thousands of dollars.]
Liabilities.
Stales, Territories, etc.
Capital
stock
paid in.
Maine
New Hampshire.
Vermont
Massachusetts
Rhode I s l a n d . . . .
Connecticut
Individual
deposits
Certified (including
United
Due to all checks and dividends
States
banks.
cashiers' unpaid and! deposits,
checks.
postal I
savings). •
15,442
.10,388
8,050
8,679
104,244
15,581
32,544
8,219
5,618
5,008
78,860
.14,640
23,115
13
22,364
1,849
2,095
223
1,140
780
3,203
70,687
179,486
135,460 (
27,701
8,904 | 3,518,005;
262, 198
44,950
154,3S0
6,657
20,137
14,068
1635,157
53,099
246,827
6,380
33,982
6,89L
15,771
62,853
2,816
7,455
3,367
669,002
10,381
43,830
911
5,759
822
502,390 i
982,336
92,262
730,705 !
15,028
10,265,412 j
26,859
18,901
23,884
15,816
33,024
11,863
12,268
.12,478
23,280
43,987
14,712
12,792
10,777
7,238
18,322
3,449
6,364
6, 157
12,384
12,970
5,216
4,109
4,215
2,996
8,711.
1,866
3,203
2,511
4,602
5,677
5,863
5,038
10,437
2, 131
15,088
3,675
3,684
4, 985
25,977
8,181
1,558
1,198
3,186
528
888
1,927
492
459
1,658
3,672
147,878
187,370
189,606
105,615
188,076 i
1.16,838 i
100,927 i
133,545 '
257,046
206,696
5,215
2,253
2,666
35,500
9,611
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.
Total Eastern .States
Surplus.
Undivided
profits
(less
expenses
and taxes
paid).
:
Virginia
West Virginia..
North Carolina.
South Carolina.
Ceorgia
Florida
Alabama
Mississippi
Louisiana
Texas
,
;
1,380
558
4,590
9, 778
230
430
j
|
!
i
237,072 I
166,367 !
.
138,815;
1,998,486 j
334,007 i
643,258 I
2 6,874,214
911,247
1,921,582
69,552
395,533
93,284
Bills
payable
(including
advances
received
Notes and from War
Other
Finance
bills rcdis- Corporation liabilities.
countcd. and certificates of
deposit
representing money
! borrowed).
-.!
..
3,101
1,304
5,357!.
10
9,426 ;
397 i
4,405 |
714
5,054
125
4,720
15,190 |
10,613 |
18,018 I
I, 1 0 1 •
3,942 :
242,171
9,638
59,862
1,447
2,256
1,598
316,972
165
1,4S9 i
1-7!
60,707
13,985
51,140
328
3, 104
.1,357
20,594
24,567 I
130,627 I
3,873 j
15,566
990
517
10
684
1,597
97
13,634
1,850
2,350
6,759
2,182
6,770
2,037
11,563
852
1,082
566
3,326
281
8,971
4,664
15,360
6,440
13,412
823
3,736
4,074
5,145
3 19,213
20,212
5,686
2,626
5,442
3,536
5,387
1,436
802
2,358
7,604
5,690
^
g
10 71s '
22.007 :
23,211
I\en1 uckv
Tennessee
I
!
r
is
\Z
Total Middle Western States
North Dakota
^outh Dakota
Nebraska
Kansas
Montana
W voininn
Colorado
Vew Mexico..
Oklahoma
Total Western States
Washington
()regon
California...
Idaho
Utah
Nevada
•\rizona
Total Pacific states
•\ laskn
Hawaii
Porto Rico
Philippines
Total Alaska and insular possessions
Total United states and insular possessions
1
2
3
Includes undivided profits.
Includes all deposits other than bank.
Includes rediscounts.
•1.402
3,409
1 015
970
i3,030
2 5-11
S50
190.423
i 0,030
l)
3
3, 22-S
5 . S23
: 0,020
!2,733
2S4.3S6 |
....
137,049
50. 290
97,429
17,557
2, 158,252
527
3S. s i s
95,91!
05.208
101,79s j
Total Southern States
Ohio
Jn<liana
Illinois
Michigan.. .
Wisconsin
Minnesota...
Iowa
...
Missouri....
S Qfil
'•', 300
!:j.(».'iS
1
22, 1S9
9, 570
11,751
3,095
' J 0. 230
5.529
2 798
4'. 743
2,575
1,392. 941.
451.825
1.787.040
911,052
448,710
440', 077
«30,009
= 700.841
11,017
4,911
11. 087
4.384
2, 490
» 14,!24
10,219
9.010
10,32'J
!3,182
7, 530
5 540
11 287
14,111
47, 827
9, 597
SI, 975
17,939
10 592
5' 703
14,015
58,081
4, 322
151,900 i
(W.7SG |
35 031 :
34, 8.39
57.408 :
72.423
09, 784
20,950
S2' 558
10, (504
14 400
< 15' 075
25', 257
41,414
507, 1S5
310,732
158. 238
240,389
50. 730
(i, SIX), 301
3 888
4,373
i. 007
'773
89.901
148. 2S7
241^800
234,213
68,075
9,072 !
300
7, 902
0 S">5
8.124
2,500
013
1 027
' 150
!. 730
i 199
1,285
11, 030
3, 117
1 041
4' 175
' 797
1?877
85
1.544
S 0°l
4, 857
843
841
1 774
' 146
551
1 438
219
990
1 0 9 , 5 2 0 ••
11. 104
21,002
29,S43
13, 183
9 93,0
111, 090
3 530
8. MS
1,701
4.478
i
1,724
3 470
49,720
I 080
3 920
548
2,090
2,024
•> 125
21,432
°N2
1,07.3
3< 1
922
152,090 j
05,504
170
2 455
1.428
1,954
11 003 :
12,939 1
•>4 38-1 i
27,417 i
10,195 i
o' 141 •
2 580 j
:
:
'
:
!
;
- ?.' i
5;753 |
24.304 i
30,318 :
1,723,170
;
4
Includes
&
Includes
8
19.720
0,
042
449
],
•>59
.! C), 904
13.009
3 21,348
l">. 910
51,770
30, ISi
22.701
5 (KJ6
5. 500
<i, 795
29, 180
12, 072
OS. 550
91,293
107,505
....
• 8,2-8
3
93 551
15.001
70,404
447
088
• 5, 800
! s, 110
12,419
;
i • >, 293
c
K38S
S, 03S
1 030
2, 732
1,10-1
1.195
7,871
984,149
447
18,951
50, 239
4.37S
4, 184
3 700
35,032
4)
00
2, 072
157
6 1.033
1, 180
1,457
133,050
98, 581
1.711.042
20.957
72. 250
19.303
6
i1' 154
2,313
1. 101
9,207
1, 122
482
220
" 1,203
1.337
1,709
8. 827
2'. 797
1; 530
2 0 . r>FA
6 1,700
28. 109
IS, 301
4.10!
2, 105.997
15,708
1S, 077
YA, 9 { 0
217
i 000
' 540
" 10,540
118
51
97
303
218
0, 10!
51 530
'M 204
09,715
01
991
19,308
299
1.895
2 1,880
3,907
^32.915
0,007
8. 147
1,728,878
477,940
•1 20, 042
1,201,013
capital stock of 2 stock savings banks.
bills payable.
Estimated.
905'
1.005
194
3. 1l)S
°f 597
270
7
78
7, 524
7. 011
48
20!,
1, 1 >s?
! C-7'>
55(»
I'-l
391
09
4,977
' MS
') 305
70
fi
17I
'' 'M 1
732
158.019
48
01
7, 080
39.790
104,923
25,990, 735
10. 304
I SI. 905
409, 840
058.\U\
7
Includes postal savings deposits of stock savings banks.
R Deficit.
» Includes bank notes in circulation.
OO
-a
TABLE N O . 72.—Abstract of reports of condition of SI,987 State (commercial), savings, private banks, and loan and trust companies at close
of business June SO, 1023—Continued.
00
00
[Tn thousands of dollars.]
Investments.
Loans and discounts.
States, Territories,etc.
"Maine
New Hampshire .
Vermont.
..
Massachusetts
Rhode I s l a n d . . .
Connecticut
Total New England States
Total Eastern States
Virginia
West Virginia
North Carolina
Georgia
Florida
Alabama
Mississippi
Texas
On 1 ime, \
secured On time,
by colnot
lateral
secured,
other
bv colthan real lateral.
estate.
71.572
10,010
78
.
New York
New Jerse v
Pennsylvania
Delaware
Maryland
District of Columbia
On demand,
On desecured
mand,
bv colnot
la 1 em 1 ! secured
olher i by coltlian real' lateral.
estate.
.
24,013
2,493
5,103
89. 1S1
19,928
109
31,009
t()9,27S
257,95s
20,119
110,412
4. 490
21,894
4,299
1,271,502
185,204
288,109
11,509
42,004
15,705
94,220
373,613
1.0,1(12
52,800
22,029
19.470
94,993
2,352
14, 107
2,418
553,484
133,400
4 715
3,047
173.214 1,814,813
45,102
4>i 3?")
84
3,505
23
33, s53
141 255
053
estate.
State,
county,
and'
municipal
bonds.
C
street and
interurban
railway
bonds).
n
c
Railroad
bonds.
15s, 270
4>; 773
5.77 S
97,995
27.057
31,220
22.203
1, 9S5
205.501
l(HCi97
10,259
74,90S
54,302
11,717
015,S53
472. 934
103.051
371,112
151,210
309.093
11,3-14 2,429,900 1,535,547
33,478
29,172
149
United
States
O ovcraiii tf-nt securities.
5,093
4,013
49,021.
10,731
3-i, 7%
11,925,070 1.410,277"
1,398
14,058
195,s57
202,503
11,312
i',:m
75,000
8 879
212
25,025
"07
110.200
33,304
Not
classified.
23,470
12,920
31,s, 702
51,OS5
00,151
1,045,202
3 907
4,807
Secured
by other
|
\
!
i
95,386
T- 57,400 20.SS4
23,347
85,157
153.998
83S'. 470
'
04,097
322,238
195,25s
02,700
SS,200
Secured
by farm
land.
Bonds
of other
publicservice
9,208
13
7,800
i J11
108,6.14
105,874
4.350
109'804
179,602
85,070
' 60
104,115
38,053
212,120
114.351
257,70s
0,192
45,0S5
7,235
02,0S1
82,989
4,852
21.105
1.307
141.815
311,140
10,1.2s
05,954
5,973
20,047
107. sOO
7.040
29.702
4,259
2 019,159
68.402
290,488
7 720
35,S22
9,105
431, 171
172.394
535,010
375,514
3,030,690
8,395
7,000
1,819
4S5
5.304
577
2,7>"0
7,509
11,812
1
1
85 i
1
i
00
1 j
25
:
;
19,825
20.419
5.040
9'. 70s
10,580
18,568
7,19*
17 " I s
20,973
10, ^72
c
r
Arkan^a^
Kentucky
Tennessee
21 °2l
'<
53,931.
310 J 45
0,570
1
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
j
~'
113,
9, 221.
713
—
0 fi'7
3 350 1
101
12, S82
r> °s7
Tolal AIM die. Western Slates
25.330
157 i
21,811
•
30.158
649
45,132
87,440
133.221
52. i 2!>
1 493
975
1 014
197,
%¥>.
431.
524
133, 910
992
91,788
....
134, 924
,. 405,160
50, L24
217
44,244
19,305
13 973
. ...
712
359
Total Western States
91.407
Washington..
Oregon
California
Idaho
20 311
5 211
4,903
30,039
9S9
1,3S5
67,913
55,289
•j i
i 5 1 10
9, 930
851
09°
15 540
33 083
- 25^
J
2 330
o, 7 0 0
r
17 3 >4
3 3S3
3 30 L
8 491
9, 711
73 s 105
1,352
17.919
3,931
27 473
493
759,307
1 057
1'. 322
2.270
7 S92
14.251
\ 27s
4. C49
23.044 |
2 810
2.207
4', 257
2 369
2 370
7,4o:)
1/J57
746
9 721
3 33S
14.111 |
13 si)5
I 340
S30.920 - 722 S37
174 9 Hi
851
Total Pacific States
Alaska
Hawaii ..
Porto Rico
Phili ppines
7 411
i,957
2,5*0
11,951
Total Alaska and insular possession
:
j
32.933
i
3.60S
3.729
. .
1.912
2,008
3 58S
i
l.Tfcih
9.340
N35.0U
292,9S9
510
J is,SI9
55, 899
145,637
558,235
20,603
S3,303
14
18,031
32, 113
17 165
25
4,859
14, 9 3 0
89 158
12,999
176j 455
t.213.865
292
=
4,212
359, 150
•
S, 042
0 364
200,499
9,000
S» 0V5
•
•
:
=
=
S50
H
O
1"]
5,047
2 40:i
510
9S 593
o
22*368
214 839
i
S 00S
217,333
90,509
41.4*20 1,199,527
47 074
85
02, 9 0 3
6,90S
SI, 4%
2!), S\>S
175, 159
-
Total United Slates and insular possessions
4,22S
t 0S0 0"°
369,033
1,356,049
3SG
375,950
71 671
333 90S
44,031
53.428
559 346
"I"
•
North Dakota
South Dakota..
Nebraska
Kansas „
Montana.
Wyoming . . .
Colorado
New Mexico
Oklahoma
1
S") 9"ir>
107,520
TotalSoiilheniSlat.es
Nevada
Arizona.
1
1
901
2L1274
20 005
65.432
' 60S
1,553
012,364
95 219
69,861
4S4 31s
1' 920
522
32 7<:25
6S0,150
791
]') 075
1.S24
CO,123
12,504
•4
'905
1?,
1 1
—
1
wo
406
48
2,739
4 002
45
'787
3.746
45
37,982
25,809
266 1()S
1,273
6,733
450
7,309
H
70,000
) «>•>
2S
•
0 334
3, 101
2,338
128
87S
340
9
S3,022
2,787
20 S06
109 851
2 541
4
537
i oso
28
1 040
' 649
29
1 .091
571
177 S25
3 , 538
1.009
1,784
345,070
041
9 000
2 1.20
4s<>
1 53 8
495
250
119
375
357
IS'}
9 9()7
255
4-7-)
5, 495
2,2>0
4, 810
2 , 735
O
13.007
;
i
4 767
4 hi, 210 9, 13^,223 1.510 , 777
2. 709 !
492,039
1,247
13
-
to
9 is. 102 : 41.", 002 5 ; 20(j, 204
Includes ail ival estate loans.
GO
TABLE N O . 72.—Abstract of reports of condition of 21,937 Stale (commercial), savi?igs, private banks., and loan and trust companies at close
of business Junc 30, 1923—Continued.
[In thousands of dollars.]
States, Territories, etc.
Maine
New Hampshire
Vermont.
Massachusetts
Rhode Island
Connecticut
Gold
coin.
70
739
401
262
251
5,365
3,436
54
19
3 012
784
1 048
14 668
' 24
11,655
1,210
513
8,801
.103
31.191
913
3 533
53
264
54
733
2 226
361
3 141
2 51.085
11,968
36,038
880
3,771
2,031
4.817
3. 538
105,773
30.201
40
372
89
. . . .
734
3 297
194
475
11
3 916
1 392
358
194
300
3
-
242
3 431
3 473
800
15
2,872
2.045
4,288
48
2. 466
7ii
20.048
19,368
115
390
113
3,044,130
579, 259
986 827
36,344
250,783
36,831
4,475
2,464
6SS
567
279
220
448
1,138
159
17,068 !
66 129
106,268
97 639
46 371
89 807
70,668
61,664
52 971
150, 139
67
6,961
2.792.860
655.152
1.396,264
4 253
3,771
1.063
55
571
8,096 :
8 005 ,
275
I
8. 780
2,690
i 516
8 278
3 118
6,. 61.8
169, r>^
80,353
692
3 892
1,474
14 203
685
2,838
567
4,353
1,204
9 fifti
359
310
663
249
Not
classified.
4, 264
65 910
H
C
"^
H
1 013
326
88
30, 289
6S6
Savings
dcposil s or
Postal
deposits in
Time
interest or certificates savings
savings
of deposit. deposits.
department.
181 974
162,677
129, 665
1 ;"H9 MI
23", 586
531,117
838
315,910
856 693
32,567
139,758
51,336
42*
6
Dividends
unpaid.
36 226
3, 690
8 579
42") f)S4
81,205
96,868
3 684
4,855
- .
Total Eastern States
Virginia..
West Virginia
North Carolina
South Carolina
0eorgia . .
Florida ...
Alabama..
Mississippi
Louisiana
Texas. . .
Arkansas
Individual Demand
Nickels
Cash
deposits
certifiPaper
and
not
currency. cents. classified. subject to cates of
check.
deposit.
..
Total New England Siai es
New York
New Jersey
Pennsylvania
Delaware..
Maryland.
District of Columbia
Silver
coin.
Time deposits.
Demand deposits.
Cash.
16 933
^
ft <J~,Q
h-J
5,639
)^
29,022
rj
3,830,084
1,741
£
^
197
295
492
222
773
1 494
29
1,041
39
4.602
3,232
H
4,934,174
71,437
2, 335
3,839.659
~
50 094
48,532
26,775
30,529
77 485
21,148
35,436
9,521
8,796
30.496
20.996
22.906
14,226
37 191
55,178
36, 290
29,170
29,198
73,049
11,991
IS,557
.
.
i—•
r-i.
~ J
4 743
30
~
20.570
9.361
1,617
428
r>
Tvoni lick v
Total Southern Slater
Ohio
Tn din H a
Illinois
Michigan
"Wisconsin
Minnesota
Towa
.
Missouri
34, 735
G 271
5, 007
Tcnnc^cc..
17. 057
70
2 433
....
2. 750
2 219
21,300
3 3 4 10
14
1, 104
34 704
134
7,282
30.021
1.09S, 074
31,014
439, 400
20, 8S2
204 703
37 301
1. iOl
18,480
' 884
4X2
2 803
5
1, 280
.
1,558
12 S49
SSX 7S2
..
177
20 408
1,184
North Dakota
South T>akol a
Nebraska
Kansas
Montana...
Wvominc
1,559
7.729
214
10 310
477
17, 840
7. 705
Total Middle Western States
8, 396
74,209
870
67,920
1 tW
2, 896
9,682
6,878
252
Washington
Oregon
California
Idaho . .
l.'tah
Nevada
!
3 4X7
68
2 148
303
8
904
Total Western States
40
1,676
597
48
Now Mexico
Oklahoma
12
327
824
4, 167
8
0 483
' 221
10K
1, 527
15S. 509
101 992
184,324
449, 518
2.224,118
4
3, 942
423,9S5
353,222
30
210.785
l,0!2
' 381
2.801
072,464
133.34X
718,084
13.723
130,159
131,701
100,524
110,08-4
98.S12
023
153.742
113 390
5, 548
210. 036
140,018
0^2
134,909
100,609
23ft,904
136, 515
2,100,087
947,549
^
7,700
Z
914
1,208,830
~
551
"~
13K, 720
150,735
~
_
I 090
•-*
T
70,404
~
72,087
IS, 891
8, 207
10 749
3,986
467
67, 235
204. 108
3S9
.",67,500
S
1, 2X2
711
34
So
12,074
11,234
407
16,593
V
17 02S
27, 409
9 452
400
109
45
21
56,304
28,605
1 133 331
3, 772
37, 700
8. 741
5 1 177
581.311
90
30S
C
~
4i
5 39,977
2
23,865
277, 576
0, 874
3,015
4,219
31 154
1
45, 090
I")
82
428
800
079
725
7, 205
307
2,0:12
47
119
250
120
1,298
1 075
61.8
478
12,053
108
5. 467
53,880
2, 526
90
27, 744
10, 240
24.077
Total Alaska and insular possessions
9, 31 iO
123
13.270
1 159
37 597
2, 769
203
60
118
14
200
155
142
121
Alaska
Hawai i
l'orto Kieo
Philippines
92-1. ttiS : !
60,128
90, 060
252
704
228
Total 1 'acific States
108
2 970
9, 404
2, 071
988
137
1 574
548
3
2,199
419
125
746
3 n' 724
307.249
20 000
47, 850
103 020
2.602
35.181
12 094
42 425
8,338
751
10
107
330
;>'*. 9 0 s
10ft T.*0
.10,800
225.292
1,883
237, 875
">, 803,024
387, 300
15,819
11.021,778
1,703.505
5, 578 . .
0, 390
1,019
325
59
5
10
13
3
20
43.119
157. 300
2. 007
234
1.209r 093
30,S95
SSS
99
(i
0
1.801
23
3,637
3, 110
11,860
19,602
19,308
121
1, !7S
279
94S
(is
22
2,177
10,023
9. 243
0, 301
220
:;,574
1. 092
1,751
107
10
.120
10
S
257
40
638,320
24,817
' 300
I'.S, 407
;j
Zl
Zl
009
G3,524
'£
5,057
6,393,040
Total United States and insular ]>os1
2
Includes time certificates.
Exclusive of amount in mutual savings banks.
a
Includes minor coin.
* Includes cashiers' checks.
&
Estimated.
O
TABLE NO. 73.—Abstract of resources and liabilities of 8,241 national banks at close of business June 80, 1928.
CO
to
[Fn thousands of dollars.!
Rosoiirc.es.
States, Territories, etc.
Maine
New Hampshire
Vermont
Massachusetts. R«botie Island
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania
Delaware,
Maryland
District of Columbia Stales..
Total Kasfern
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States..
Loans
a n d disNo. of
counts
(includbunks.
ing rodisI counts).
00
56
17
159
17
02
59,771
34,515
30,754
70S, 123
40,473
132,674
•101
J, 006,310
Overdrafts.
Investments
(including premiums
on
bonds).
Banking
house
(including furniture and
fixtures).
Other
real
estate
owned.
Lawful
reserve
with
Federal
reserve
bank.
Due
from
banks.
39
•Mo
70
.152
17
85
51,101
23,909
21,005
243,024
22,090
(if>, 140
1,995
1,728
902
20,450
LIU
8, 538
197
242
40
9,G89
1
640
5,117
4,1.10
2, f)S2
70,572
3,158
15,008
399
420,275
34,784
.1.0,81;-)
101,1-17
:
Checks
and
other
cash
items.
Exchanges
for
clearing
hou^c.
1,639
2,72-1
2,006
63,702
2,959
9,877
425
594
31.3
7,012
87
1, 590
384
105
10,745
002
1, 427
80, 027
10,027
19, 203
L0,141
1,793,628
M13
91,567
2,439
12,990
80
911
444
00,139
351,772
9-1,222
108,437
8,429,273
14,072
S. 213
6,039
4,310
6,708
7,195
7,008
2,749
5,771
39,200
4,210
12, 503
io; 290
1,922
900
1,706
555
766
800
725
348
1,058
4,774
402
915
953
2,407
495
428
900
1,527
825
568
23
1,111
4, 752
207
.1,227
2,109
4 , nr>(\
3,112
2,317
1,392
2,250
2,405
2,805
810
1,551
12,800
1,380
3,434
2,715
1,473
1,181
639
801
595
437
831
170
573
3,423
480
1, 098
871
382,7.17
202,262
173,133
127,651
105,311
149,107
153,624
00,041
110,154
700,006
88,346
272,801
217,391
129,630
15,911
17,005
41,893
12,638
2,869,804
55,140
18,910
07,183
582
5,707
7,789
3, 233
1,828
0,200
48
1,509
1,115
145,929
29,005
193,998
932
24,750
7,110
305, 747
30, 728
130,880
909
11,077
7,000
44,811
2,924
15,523
30
1.432
1,730
4,310,1 S3
1,241 1,438,512
155,377
13,933
402,300
•487,067
250, 395
127,722
115,413
N2,208
110,389
75,170
S«J, ."30
35,927
71,220
453,100
53,343
103,110
130,595
170
J IS
192
79
J14
32
07
98
50
1,3 79
89
230
1.54
00,900
40, 204
21,217
20,142
21,405
39, 897
30, 881
13,279
17, 30D
123,308
15, 800
03,270
34,875
10,380
5, 875
0,767
4.390
4j 958
4,656
3,891
1,475
0, 985
27,010
2,062
4,002
.1,215
791
405
1,278
1,403
409
808
170
640
9,089
543
572
797
28,195
13,021
17,350
11,404
15,190
17,221
10,3<;o
5,592
9,580
81,815
9,818
21,804
20,998
2,572
502,553
90,151
18,180
209,014
j
125,652
09,730
59,1.97
1,225,221
72,153
241,669
40,509
10,539
37,375
322
3,274
2,203
740 1,178,317
201,007
X4
887,787
327
7,731
42
7.1,9*1
31,050
43
7,031 |
VU2
4,498
21,840
425
309
543
12, Ml
337
1,580
Total
resources.
300,120
2,095)
38,452
124
7,953
2,424
2 400,707
328,504
1,2S2,5S7
10,221
154,558
07,546
1,095 i J,770,254 :
1,559
1,404
850
12,151
Other
resources.
4 032,826
6X9,387
2,673,314
21,053
283,854
128,839
5.12
238
809
is
S5
J!
I S|
125
83
84
97
01
100
31
34
501
88
139
105
Cash
on
hand.
MX
251
505
119
liyo
344
319
332
Ohio
Indiana
Illinois
M iehigan
Wisconsin
Minnesota
Iowa
Missouri
.l.l'),5St
3(5,30S
31,0-18
65,268
36 775
65,476
42, 725
17, 495
108,8.13
18,01!
L0,875
27,742
1.7,978
31,239
3, 70s
2, S55
5, Ht>7
1,193
!, 53S
6,785
1,901
1,020
7,. 891
3, 036
30,17S
4, ("59
2,446
6,559
1,740
8,050
11,8:^5
10, 443
25,395
0,845
5,999
7,593
5,964
5,163
4,039
2,053
10,057
3,013
1,643
4,060
1,285
1,826
900,954
410,402
1,550,2S;>
432,712
384, s*9
614, (Kit
399,203
519,413
3,282 1,113,379
0.-, 105
82,237
27,076
5,250,949
5,252
1 252
3 301
4,403
2,088
1,259
5,735
097
f>, 020
545
507
601
975
601
176
606
376
SS5
97,224
«5, 781
259,225
231,303
92, (US
01.625
242, 342
40,659
3S9,330
j ;-,2-j
07. s<>7
3,015,560
125,813
20, 864
••1X9,57X
2.s 1,478
25, 5.S7
65, SSI)
65,197
300,81.5
i:s7,055
57, S37
10.941
128'. 702
2x, 457
22 i, 914
JOfl
125
329
314
137
52
177
45
465
13. 100
11,390
34, 975
35,1X0
15, U S
0,550
58,s(>7
4,386
61,333
3 039
2,925
6,953
8,459
2,799
1,564
4, 190
1,438
12,189
2,406
2,156
2,418
1,8S7
1,420
355
1,137
537
3,012
6,3S7
7,741
32,1X3
29,462
8,679
7,314
25,944
2,697
57,953
3,495
3,602
12,280
3 L 387
3,315
2,823
12,481.
1,589
21,396
33S
497
2,307
947
469
244
1,S15
391
2,236
906,S5S
1,750
241,277
43,856
15,388
178,3,90
72,428
9,274
10,037
25,007
5,272
1,510,197
o
160
137
658
98
61
16
45
68,90S
44,751
202,771
9,459
9,073
3 5X0
4,735
9 232
4,8X6
22,983
2 134
2 5.S9
' 570
854
1,674
3,169
2,647
1,154
853
72
569
29,190
17,320
98,001
5,096
5,947
2,264
2,834
14,98]
9,586
54 209
2 009
2,075
720
1,320
3 539
744
9,067
298
205
5,526
3,260
12,775
1,238
495
421
871
984
534
10,920
303
245
64
136
3
H
214
3,252
1,996
16 764
142
675
34
228
285,434
ISO, 370
1,020 8J3
20
149,970
95,993
590 009
37,800
2.s,2J4
9 023
15; 970
60S
932,995
1, 1S4
3!3,2S()
43, 198
7,938
100,658
86,lOo
12,123
23,001
24,586
13,192
l,64s,35J
S53
1, 7X9
1
1
1,(XiX
:-!, 329
56
59
,5
4i;>2
1,010
230
433
2s
67
2 0X0
6,878
95
9,564
f)
1 j
Tiota] Pacific states
2' 60S
7(50
1, 138
4, 572
5,200
2,188
115
97
70
73
22
Washington
Oregon
California..
Idaho. .
Utah
Nevada. .
Arizona
Total possessions
2 859
1,573
Total Western States
Total T'niiecl States and possessions.
23, 83:',
12,550
31.33S
14, 552
11,795
12,372
9,020
10,377
iSl
131
1S2
206
121
45
143
42
459
. .
Alaska
Hawaii
242 909
105.0S9
295, 167
109, 027
72, 870
118,300
65,091
103,606
390
2x<)
701
145
303
639
529
226
2,223
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
M ontana
Wyoming
Colorado
New Mexico
Oklahoma
4OS, 7 IS
220,900
890 517
2: JO, 930
235,604
300,11 J.
253,042
319,012
.......
......
2
5
2,042
S,2li
12,001,802
2
4,397
115
10,430 "», 009,703
493,324
15
3, l:-;8
ST. 138 1, 602,5^5 1,142,736
256
323
'?, 003
l,2s,s
185
311
2, 29*
46
2,327
13
1S4
~
.197
139,801
480,333
raw
291,108
50, 785
o
H
O
H
O
5
27; 782
183,751 21,511,766
CO
00
TABLE N O . 73.—Abstract of resources and liabilities of S,2'4 national banks at close of business June 30,
1923—Continued.
[In thousands of dollars.]
Liabilities.
States, Territories, etc.
Capital
stock
paid in.
Surplus.
Undivided
profits
(less
expenses
and taxes
paid).
National
bank circulation.
Due to all
banks.
4,075
2,525
1.923
31>; 961
4,65tf
9,394
5,436
4,976
4,140
19,966
4,595
12.511
2,091
3,016
1,833
95,876
2,000
8,849
55,534 \
51,024 j
Certified
checks
and
cashiers'
checks.
Individual
deposits
United
(including
dividends
States
unpaid
deposits.
and postal !
savings). !
Notes
and
bills
rediscounted.
B ills payable (including
advances
received
from War
Finance
Corporation and
certificates
of deposit
representing money:
borrowed). .
I
Other
liabilities.
i
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida.
Alabama
7,24.")
5,3()r>
5,110
70,137
6,320
21,282
4,805 !
4,416 j
2,567
58,211
4,565
15,622
537
5X4
268
G, 883
138
1,510
98,399 I
44, 224
40,468
808,026
47, 418
164,387
1,966
412
595
100
27,766
317
2,169
652
6S1
875
45.3H)
i;099
1,976
3,236
] , 4S7
11,022
559
3,420
34
US
4-Jrt
49,063
486
549
115,459
90,186
31,359 I
50,593
21,690
50,076
221,148
34,240
138,636
1,710
18,104
8,027
2€>8,867
30,298
191,371
1,927 !
16,557 !
ti,268 ;
1.18,003
13,481
65,340
812
'0,834
2,447
757,264
12,771
251,831
512
29,208
7,312
128,766
4,178
12,029
44
1,600
1,354
2,763,912
'551,642
1,793,621
14,1.10
177,469
86,192
37, OH)
4, SI 6
19,611
92
6,706
2,031.
46.298
2,411
.11,948
271
6,554
1,278
94,053
17,216
73,381
419
8,588
7,260
120,493
1,944
22,071
33
2,504
1,060
421,865
515,288 ••
206,917
203,337 j J,05*,898
147,971
5,386,946 I
70,200 |
68,763
200,917 ]
Ms, 105
29,254
12,78(1
13,305
12,980
13,040
9,390
13,175
22,352
10,461 i
8,320 j
6, lf>3
10.932 I
3;699 j
S ; 0l6 I
29,743
8,25.4
12,301.
6,791
12,921
14,936
6,607
1,840
926
1,236
5SS
501
1,340
35S
241,898
146, 557
110,017
83,973
UK), 694
109,487
105,956 I
2,590
608
765
05!) i
2,47s j
11,242
2,27S
9,057
3', 138
7,33S
235
• 2,052
< , 5*5
J
4 ,672
4 J.542
1 , 346
1 ,914
5(>3
J ,234
7,956
4', 597
3,05*
2,339
3,672
2,193
4,2*0
21,929
10,355
X, 49S
8.205
10,211
5, S44
10,026
113,665
9,920 i 1,202,922
1,242 j
S17 !
4,32*
76s
1,42*
1,469
1,010
23S
503
r;
r-:
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
4,035
s, 700
71,980
7,713
IS,490
17,104
233,218 |
Total Southern States
17,098 |
2*, 255
32,524
12,9*5
M,937
10,151
IS. 943
18,081
59,771.
31,759
297,133
25,705
31,339
72,220
50,718
127,093
5,141
1, 7S4
S 901
1,7S5
1. 125
s;232
2, 340
•1,913
340,957
210,914 (
13,463
1SS,629
701,804
3,~491~
2,922
9,850
9,577
3,508
2,608
9,685
1,407
8,336
885
4,767
4,101
9.222
;
7,295
6,080
17,485
18,197
7,555
3,445
.1.2,825
3,080
29,785
4,012
8,101
45,824
22,674
3,003
3,854
18,939
1,385
33,307
i
105,747
51,450 I
17,080 |
55,256 j
17,042
12,445
63,203
4,885
4,100
1,460
1,700
7,441
5,00!
38,456
1,927
1,530
003
903
•1,1M
1 84 s
1 ?' 400
467
816
243
25>.
7,089
5, 69K
39,479
2, 996
3,203
1,190
.1,045
104,895
50,521
01,300
150
000
SO
510
02
450
Total Pacific States..
Alaska..
Hawaii .
Total possessions
Total United States and possessions.
750
1,328,891
794
4.737
•6,451
1,150
460
2,002 !
310 !
2,022 j
10,973
3,645
2,433
6,392
2, 20S
11,515
127
1,070.01.0
11,089 |
IO,4S7
3;395 I
11,052 I
7, ONI.
2.011
5,037 i
1.051 '
0, 259
17,013
5,477
9', 104
1,OS7
9,694
8,202
8,495
10,473
13,021
7,0.14
13,239
2,340
2, 145
10,042
4,090
4,757
12. si. t
3, S6I
13. 147 j
70,205
5«), 000
50, Oil
169
520
790
1.777
20?.
157
4M
22s
3,247
2,4*0
4,058
8,672
4,247
4.028
1,688
2,759
3.399
9,120
2,3S3
1,504
4,731
1,522
2,753
403
3,1 S3
773
2,063
105
20
235
945
50
55
;jni
1^3
303
50,239 j
22S,722
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
75,i:tl
42.160
70,21S
4SO, Si 0
60,3*5
173,07s
141,301
•10, 7 5 3
1
22.470 i
315
451
7. 54S
'744
1,194
057
159,277 j
|
j
|
1,873,200 |
3, 70S
] 2,014
03,S49
0,694
20,832
24,072
2.3.171
1, 550
3(», 53S
X, 292
7,715
10,454
5,757
11,980
'
1, SS9
4,910
I s , 7*5
1,95*
6,600
5,01.7
2. 790
•1.39S
4!. 370
4,230
] 5, S25
J 2.f>90
45,73L
15,088
09,200
10,55S
] 1,090
22.491
li; 783
18,313
Total Middle Western States.
Total Western States
139,007
;
i
701
1,509 :
7,032 ::
445 :
2,-117 I
1,207 |
S95
1,023 :
1(>, 7ss !
1,731 i
5,000 !
3.N47 '
03,195
32,688
92,113
24,200
25,275
40,206
20,758
42,402
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
2.625
5,230
30,150
3,459
13,000
9,230
470,205
720,001
:
:
;
014,0K0
272,385
954,980
330,540 1
271.179 i
414;790 j
258,101
291, 505
3,410,032 j
047
1,109
2; 585
2. 09S
955
009
2,551
554
6,001
70,990
66,440
155,OS2
155,899
05,132
45,913
.182,501
27, 1 SO
2S1,905
500 •
703
10,5S7
903 1
0,S05 i
1,329 !
;v>i
350
2, 0*0
SS
2,3 IS
'911.
43s
007
440
910
901
517
I!
•!,
•1,
zi
H
O
TABLE N O . 73—Abstract of resources and liabilities of S/t/jt national banks at close of business June 30,
1023—Continued.
O
[hi thousands of dollars.]
Loans and discounts;
Stales, Territories, etc.
On do- ; On demand, j nnind,
secured by I not secolJaterai
cured
j other than by colreal estate, lateral.
On time,
secured by On time,
not secollateral
cured by
oilier than collateral.
real estate.
Investments.
Secured
by other
* real
estate.
Been red
by farm
lands.
State,
United
county,
States
Not
and
class i- I Govern- j municilied.
'• n i e n t
!
pal
securities.
bonds.
i
Maine
New Hampsliire
Vermont
Massachusetts
Rhode Island
Connecticut
!
!
i
i
\
Total New Kngland States.
New York
New Jcrsey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
9,SCI j
9. 309
4, LOO
105, 157
3, 17S
22,331
153,996
0,338
5,713
5,016
52,999
1.4S7
11,823
83,376
!
"00(),730
ft"), 737
256, 573
2, 191
24,5-12
JS,26S
!
9 0 s , 0 4 ! i 203, II")
I
i
1.0,340
s, 797
3,010
4,122
7, 507
5,416
6,345 |
1,953 i
7,45S !
^977975"
2S,5!1
121,247
1.387
10,117
3,875
9,03t
•1,216
2,350
1,733
4, 048
1, SIS
2, 565
333
2,335
10,530
3,677 .
4,179 ,
2,420
7,895 ;
22,103 !
29,787
14,811
15,696
402,3(59
27,367
71,933
807
251
867
9, 970
9
226
5S9
866
17,097
94
3,315
2.S
105
30
60,829
443
913
I6s,os6 :
561,903
12, 130
24,381.
62,378 •
~4«,~95l .-' 1,176,566
1S7,5J3
28,367 I
673,317
17S,799
5, 100
737
93.511
21,563
35', 031
s,732
-1, 074
902
1, 232
621
1, 545
.193
17,129
16,496
29 535
176
I,7S9 .
11,570 j
06,103 j
119,702 i
192,817 |
1,435
570
250
3, 153
1,023
J.312
8,073 j
5,092
1,934
2,953
20,859
1,926
9,016
14,16-'.
3,357
3,623
30,801.
5,185
6,633
14,771.
5,102
7,30S
76,10L
4,679
ll,S20
41,810
63,764
"7)97652 i
O
H
o
rd
H
Q
119,781
152,205
56,393
157,174
1,143
8,695
3,277
hj
231,913
63,645
249,247
2,061.
17,707
5,276
O
684,119 | 2 , 1 7 1 , 0 3 8 ;
62,6s4
33,567
31,003
32,778
20,455
21,450
27,549
11,009
lo, 669
15,638
.12,946
6,871
111,810
9,2S3
36,290
Bonds of
other
public
service
Other
corporaK ail road 1 ions (in-1 bonds,
eluding j stocks,
bonds.
street and. warrants,
inier- j etc.
urban I
railway ;
bonds). •
161,730
7(5,976
73, 340
3(1, 263
(»:i, 92,3
41,744
4s, 312
19,758
42, 432
~4~,395~
2,362
3, 132
5,4X9
1,097
2, Al 8
1,638
2,084
124,282
i, 035
IS.884
3
1,491
978 I
•169
5, 468
3.25-1
2,043
2, 26S
2, 5!6
2.763
S-10
1,236
1,089 !
140, I fit
676,039
85,956
364,594
2, 606
32,2si
IS.964
58,508
25, 173
31.20!
'3s7
5.SSS
1,168
29,600 i
82,57! i
1,537 i
7,407 I
2,971. I
1,180,443: 125,625 i 378,887 j 183,738 |
2,747
30
1,299
.1,972
391.
41,369
23, 63!
16.62S
14,500
17,113
24.2S2
101
201713
J'I',612
13,479
3, I si.
.1,879
2, 159
J,82!
823
5, 003
2, 956
3,309
1,51.0
2,599
2, 125
236
649
250
1,968
1.305
'361.
74
2,058
2,723
250
382
90
887
417
186
78
569,819
11,756
9,843
1,944
2,781
3,093
7,157
6,060
2.721
2, 102
2
O
() 5->7
i
1,
515,032
9*9,921
49, 47S
35, 259
7,210
49,49s
10, 109
23,S5O
I2,s45
25,540
90,070
40,279
IOO,S71
00, 430
43; 992
95.921
52,335
91.912
232,202
i 15,335
473, RSO
127,612
1 IS,350
170, 175
155.497
111.322
10,241
10.1.23
13,773
5,230
0,174
21,219
.19,S9i
3.7s0
37, 407
z K;>7"
.'N) 952
2)5, 60S
e..->i, n o
1.594,445
93, 110
50, 77*:.
1,500
Osu
4,500
Total Middle "Western Si-ite^
3,039
27.3(7
"5 9(?7
23,077
S5,5O|
00,Oss
20,302
if, 544
4OT71S
10,150
So,417
0,004
5 71S
5, s39
5,901
;>,053
2,909
5,952
S34.
8,952
, slV>
1 '>{)()
i
1, 901
1,
107,953 :
(II, 6! G
S7.721
7.794
150,725
21,I3S
Ohio .
Indiana.. . .
Illinois
Michigan..
Wisconsin
Minnesola
Iowa.
Missouri
59, 057
10,937
02,54.3
]()>?)
. . .
Washington..
Oregon
California
Idaho .
Utah
Nevada
Arizona
Total I'acific States
Alaska
J favvai i
Toj al possessions
Tola! I'niied Slates .arid possessions
•'••;' 5 0 3
:v/. 107
") 357
-1
•lilils
.
Total Western States...
10,732
3,079
3, Ml
1,959
19. 17s i
973
9,213
3, 193
103, S91.
Total Southern States
North Dakota.
'south Dakota
Nebraska
Kansas.
M on tana .
Wvoming
Colorado
Now Mexico..
Oklahoma...
210 113 '
2S,!!9 :
00,Os7
90,791
27,312
i 9 is
14, 129
Texas
Arkansas
Kenliiokv
j j7
:<•<) 5 4 2
1530
' 02s
7.729
750
5,511
024
:;. 295
0,95s
21,9S5
2i,0H
0:i,701.
1 t, 559
10!), 237
30, is2
32,S40
393, 773
3s2,399
50,2s2
15 7:i7
s! 704
70.605
700
2,733
1,701
o SI4
0,94S
59,45S
7S1
957
2.220
420
11,191
20,290
120,755
12,007
10. SKIS
1, 409
4,771
79. ! 10
4s,010
3)7, 190
is! 173
! 2.5OS
L'292
s.lll
4,240
2,9S 4
! 1,235
1, S7S
1, 104
i 00,60*
70,601
217,375
43
220
33
'> 015
177
IN
;
3. :>s3
1, 504
1.
1, 732
3(55
1I.2MI
23'. 03 1
12 219
35s, 510
31,
904
510
115,SS2
59.S3I
102, fill
47,5S0
37. 1! 1
.
72, 027
45,93S
05,05S
44, 070
99 i
35, 915
3";<j
- 952
4. 570
10, 75:>
1, 179
7, 340
• i , 973
3, 177
lo:',, 573 ;
•.
0
\? 1 *3
1 107
i
3 31'
ss.5
so7
, 929
•H
~V«,'..7I
759
—
151,
510
1
v!)
29S
90
'930
15,7S0
I.S'.'S
9. 775
7^5
7--a
12, 729
S2,855
2,7:M
1,4S2
1,074
«i, ION
9, i35
7,94S
17, 13S
S, 607
7: 279
3, 030
2,137
3,013
59,705
23,111
{',9,724
25.031
i5,705
25, 430
i1,3s7
10, 0I1S
50,5<)2
4,
, 47()
7 20S
«'»94
siv"
.V>0
!0 0 i I
13, 39 i
v
371
20
5,950
5s,947
240,22t
75
17S
75
070
4, 179
3 OH)
0.075
14,117
(i, S05
9,749
-
:-i)-
'> 427
' 25S
7, SO2
1, 910
305
s, 250
277
10, 0!9
3,02s
(is
310
202
00
3,079
5S
550
5,007
0
022
.12.197
S02
14,70!
25S
22! 724
7,si3
1,035
31.713
3. 121
35,147
991
1,091.
14:-;, 77?
31, 727
0,539
5,733
53,505
300
1
24S
10,
403
S00
1
39.:.»22
•>0,23 1
124, i 19
5 500
fi'.SM2,417
3, .V»S
2 445
505
9,1.97
SO
So
42
9
S3 C»5S
9, 404
32, MIS
3.102
1, IM3
390
S7S
91
3
4JG
1
••?#,
1, 891
IS2
T 55 L
h
i '•>,
:)0
i.2N
4S5
2,4S0
i, .'572
4,504
25
421
79
5
208,091
52, 571
S, SSO
12,303
(if), 703
95
977
25
23
19
24
s
154
3, !75
457
23
T<
2, ( ;,,2l
113
503,3 IS
•7«7>
1
479
9S7
>\\U
1,397
319
341
102
!5i
299
<7<>,360
29,710
15, 241
17, 0 9 2
453
3
ON.
<'., I7ii,7l3
S!S
7,
3' J r^(i
75>
»).")•>
' • • -
1,32 I
3NO
105
201
•I'M,
••IS'i
1 133. !(.:O
TABLE NO. 73.—Abstract of resources arid liabilities of 8,2^1 national banks at close of business June 30, 1923—Continued.
O
CO
[ In thousands of dollars.]
Slates, Territories, etc.
(iold coin.
Total New England States.
129
114
92
1,123
127
375
1,335
1,224
706
10,600
1,123
3,938
058
2,574
28
205
58
Total Eastern States
Total Southern States
Paper
currency.
92-1 !
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
Silver and
minor
coin.
95
90
.58
428
62
185
Maine
New Hampshire.
Vermont
Massachusetts
Rhode Island
Connecticut
Time deposits.
.Demand deposits.
Cash.
Individual Demand
Time cerdeposits
Dividends Other time tificates of
subject to cert incat.es unpaid.
deposits.
deposit.
of deposit.
check.
31,738
31,207
14,826
563,544
32,312
109,994
472
1,268
31.7
4,049
2,481
3,116
252
179
182
1,845
126
529
64,090
10.277
24,028
214,014
10,944
40,952
857
963
929
.12,073
1,290
2.499
Postal
savings
deposits.
133
264
97
4,640
178
1,038
"Not
classified.
257
66
89
7,861
87
259
1,990
is,926 j
783,621
11,703
3,113
370,905
18,611
6,350
8,619
2,745
914
3,603
3li, 456
8,967
31,10* i
239 !
2,72-1
1/J74 |
1,901.537
2X1', 099
1,007,006
8,346
99)642
56,185
20,795
6,218
16,201
556,677
243,9IX
590,197
5,453
66,SI2
21,831
82,388
4,12-1
114,400
182
3, 106
1,800
12,001
1,269
5,324
73
83
481
123,928
13/U6
56,117
231
434
6,5N0
1,368
4,253
50
700
236
318
171
2,165
1,831
7,836
8.1,555
3,413,875
43,942
.1.3,199
.1,487,918
200,300
19,231
202,421
008
277
345
232
339
293
385
129
233
2,083
227
405
381
3,894
2.642
1,809
1,11.4
1,764
1,985
2,179
628
1,252
9,905
1,053
2,782
2,123
114,462
75,391
54,487
31,770
55,816
48,373
62,983
22,000
53,193
343,881
30,413
111, Kit
75,093
5,730
2,162
X07
916
2,637
2,005
1,825
1,268
1,767
11,407
4,944
2,118
3,129
1,267
544
503
305
477
180
319
135
276
1,319
113
514
409
81,057
45,215
25,448
39,740
31,267
39,403
31,071.
6,137
10,990
69,85).
11,107
28,533
34,944
30,390
19,737
21,596
9,81.7
9,165
7,385
5/282
7,327
3,134
21,772
5,282
30,481
25,267
215
213
56
114
55
400
445
40
98
476
114
274
91
5,771
3,265
7,030
1,245
1,277
i
!
354
193
163
40
147
127
301
53
60
818
300
247
211
32,107
2,382
561
2,428
I
2,826
5,937
33,130
1,085,359
40,805
0,451
400,799
196,614
2,591
80,557
j
11,741
1,031
5,259
6,460
o
H3
HI
w
o
o
S
H
w
IB
O
o
Ohio
I ndiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western States
North Dakota..
South Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado
Now Mexico
Oklahoma
Total Western States..
Washington
Oregon
('aliforn ia
Idaho
Utah
Nevada
Arizona
Total Pacific States.
Alaska..
Hawaii..
Total possessions
Total United Stales and possessions.
fill
70S
1, 627
124
400
1,3SS
990
2,(01
8, 655
21,367
(US
•ijosi
3<n i
1,002
923
673
as I
8,052
4.186
6-V,17
94
XI
294
431.
1 03
82
l. x-2:5
58
258
295
214
628
79f>
300
137
560
117
1,097
863
927
2,439
3,170
1,025
1,010
3,352
522
4,265
3, 284
4,171
558
468
1,320
87
53
43
70
2,005 |
6,012 !
32 "i,75i
153:778
652,005
1.63, 0 40
122.355
J77J016
108,782
207,527
S7t
0, 807
10, 391
6 , 405
4, 918
16, 881
13, 110
8, 630
1,910,X17
990
21,0 S
O
21,110
8(>, 859
1, 3::0
717
3, 057
725
076
7S7
536
415
11-I, 159
4 s, 920
172,657
.114,920
81,4 19
94,fi37
19,335
49,928
293
75'), 305
55
8.293
7^77
J 1,408
10', 107
11,953
8,894
53,246
2. 3!)2
30'. 7(i5
4,202
4,908
8,494
8,
358
600
331
5X7
18
1.5
287
294
68(1
147
5X5
Oiii, 105
I (1,555
3!>:0<ii
15', 0-1'.)
9,062
25,901
5,957
7,0X3
21 1,469
2,892
X6, 4'.»0
04,003
40,508
152,444
7,433
7.058
4,006
4,933
11,432
8, 724
19,371
5,073
3,427
491
1,102
3,958
6*3
132
125
130
31,6S1
15,4o3
49.907
6, 2S3
2,312
909
• 3,2X0
5:;,2SO
33 S
IS, 209
547,860 I
50,59S j
],351 |
147,415
911.
4S0
1,995
220
92
58
4,057
2; 312
9,4.54
925
350
320
635
98,420
fi7,243
418,912
.1.9,990
18,491 ,
5;803 j
11,041 !
• XI2
>
1, 191
9 035
• 003
>
1, 359
2s7
321
319 i
3,02s
IS,053
S2
52
169
'>?
1
IS I
35 j
24 1
or.s
37'278
31,135
16,873
7,191
19,115
5.6X3
33', NS.7
833
r
)3S
6,004
(O9,S71
401
292
20
<86 I
116
103
1
923
093
202
104
•MS
3i,7-7 j 3.5t)7,5J0
J,135,171
41,652
(.71.912
1,335 I
1,946 I
47
32,561
'459
1,907
1,057
27
8,968
19
3t ; 7x9
J.iw
593
4 270
7', 560
12 341
">, 401
4 708
7, 7c>'..)
I/ 257
11,0 iS
3,231.
1/J06
5.503
2,'2i S
040,503
42,029
69,322
2S,190
49,361
9S, 938
80,017
20,3()5
280,4 15
•Hi
196
3x9
90,5S5
26,846
23,015
96,121
12,672
169,576
.138
375
57,^6
5S
261,139 j
o
500
REPORT OF THE COMPTROLLER Or THE CURRENCY.
TABLE N O . 74.—Aggregate
resources and liabilities
of Slate
(commercial) banks
from 1919 to 1923.
[In thousands of dollars.]
1919—17,225 1920—18,195 1021—18,875 1922—IS, 2321.923—IS, 043
banks.
\ banks.
banks. , banks. I b a n k s .
Classification.
RESOURCES.
Loans
Overdrafts
Bonds
Duo from other banks
Real estate, furniture, etc
Checks and other cash items'
Cash on hand
Other resources
6. 029,093
' 73,979
2,279,5X3
'...-, 1, 574.1 (K) :
274,2M \
319,11.3
355.567
;
195. 860
Total
8, 875,
,s<s;
2,226,
1,549.
305',
332.
393,
238.
; 11.701.006 ! 14.009,781
,070,958
68,243
438,057
393,783
385,349
278,293
346, 589
217,827
7,934, 123
60, 225
2,304, 891
1.443, 117
'401, 528
354; 874
309, 584
256', 064
!
\
:
;
!
!
723,666
41,120
587,002
559,055
460,044
277,266
314,057
200,052
14,199,099 i 13,064.406 ' 14.162, S62
UAIUMTIK.S.
7S5.727
'M0,M3
164,1:26
40,104
S.966,569
Capii al stock
Surplus fund
Other undivided profits
Certified checks and cashiers" checks.
Individual deposits
United Statesdeposi ts
Post al savings deposits
Due to other banks
Other liabilities
9,477
444,769
819,991
920,:211
527. i
019
222 599
078
10.825,483
10.
436;
1,010,
11.701,606 : 1-1,009,781
Total.
063,045
579,830
211,882
134.321
10, 675,467
40,019
1,014, 248
561, 131
210^ 536
69, 803
10,107. 597
734
337.373
1, 157;162
387,
705,
14,199,099
1,041,413
571,461
217,377
75,579
11,130,142
16,696
445,817
664.377
13,004.400 I 14.162,862
1 Includes exchanges for clearing house.
TABLE N O . 75.—Aggregate resources and liabilities of loan and trust companies from
1919 to 1923.
[In thousands of dollars.]
Classification.
RKSOL'RCKS.
Loans
Overdrafts
Bonds
D u e from ot her banks
Real estate, furniture, etc
Checks and oilier cash items 'i
Cash on h a n d
Other resources
! 1919—1,377 1920—1,408 1921—1,474 1922—1,550 1923—1.643
; banks.
banks.
banks.
banks.
banks.
.
i
I
:
!
\
;
|
4,087.712 ! 1.598.819
2.689
3,33s :
2,069. 920 : 1.902'. 075
'878; 692
850,950 !
189', 842
l s i , 027
193'. 615
ION, 735 i
148.455
142.110 |
405,831
420.174
'.959.9J10
Total.
4,274,581
2,541
1,942,670
780,214
215,036
230,765
172;717
562,562
4,342,895
2,603
2,311,101
895,922
236,691
315,3*1
1.17,079
312,178
5,058,954
5,146
2,423,803
954,033
256,377
278,045
123.438
399.463
8,320,018 I 8,181.092
8,533,850
9, 499,259
515,533
537,947
111,614
143,144
5.611,787
100;951
532.316
562,731
117,513
31;109
6,495,928
13,800
591,131
606,048
133,346
27,08S
6,831,018
24,919
UAHIUTIKS.
Capital stock
Surplus fund
Other undivided profits
Certified checks and cashiers' checks.
Individual deposits
United States deposits
Postal savings deposits
Due to other banks and bankers
Other liabilities
Total
1
Includes exchanges for clearing house.
450,
491,
96'.
23.
.,672,
475,745
509,929
102,194
27, 476
\, 062,294
6, 133
455, 052
703. 652
3,673
424,542
714,165
319,160
.840,956
351,547
428,906
744.074
540.135
',959,9%
8.320,018
8,181.092
8,533,850
3, 199,259
501
RlirOKT Or TilK lOMI'IUOLLEK Or X11E CUKlUiXCY.
TABLE N O . 70.—Aggregate re-sources and liabilities of stock savings hanks from
UJ.ll) to 1923.
[in thousands of dollars.]
19J 9—1,097 1920—1.087
banks.
bank>.
Classificai ion.
1921—97S
banks.
1922--1,000
bunks.
1923—1.029
banks.
TtKSOURCTS.
Loans
....
Overdrafts
Bond*1
Due from other bank-.
.
Iteai osrale, furniture, e i c .
("hecks and oilier cash iiems
Cash on hand
Other resources
. . . .
i
.
..
...
777,~S9
152
295,131
129,491
37,505
3, 700
31,837
97s,0i7
130
32!'., 590
70,783
37,>32
4, 830
35,215
r>ry, o o s
1.2si. 254
1,500, 113
0° 740
31. 090
13.051.
104
1 lo 1,324
Tola]
09 Is3
39, 422
13, 2IV
429.587
' 1501
57,777
42.1 15
10,111
391
11.013
525
1,051,310
49S
325,087
110.3S2
50.007
0.570
2S.001.
4.801
557,910
I,5S3,922
1.790,(^3
H\) 90">
19.210
9'.2l0
220
442,Sol
.110
79 850
41. ISO
IS. 995 :
557 :
1 401,742 :
3,730 i
81 120
41', 362
.1.7.325
1,982
l,609,35S
4.05S
l.33li !
30. 520 :
S, lot
20.421
:
l.l.Sl.Rls
505
370.077
131.550
62,004
12.203
24,851
7.5S2
U A.H!U'!"IKS.
S u r p l u s fund
Ot her undivided profits
Cen ified checks a n d ca^iii^r- cneiks
I n d i v i d 1 n 1 dc n o^i! s
1
U n i i e d States d e p o - i i s . . . .
Po>t;jl savings deposit s
Due to othej 1 b'vnks
Oilier liabilities
1:720"
Nil
32. 3:; 1
393
10.002
1.2-S 1,254
Total
1
1,349,510
803
1.796
10. OsO
1,500,413
557.910
1 ,->s;j «>->•>
i
790 r,^3
Includes exchanges for e:earing ho'i:-'-.
TAHLE NO. 77.—Aggregate resources and liabilities of mutual savings banks from
191.9 to 1923.
I hi thousands of dollars.]
Classification.
KKSOl'KCKS.
T.oan.s
Overdrafts
Bonds
D u e from other b a n k s
Boa 1 e s i a l e . fiirnituro, etc
Checks a n d otlier cash items "...
Cash 011 h a n d
Ol her resources
Total.
1919—022
banks.
1920—020
banks.
2,335,9vi
2,591,
2.S09.798
'.491.
189.
59,
i7
I
2,710,
1S3.
51,
3.001,425 ;
3,300,893
I. 321. :.
3,007,293 I ":i."isi">."s72
SS8 (,)71
171.742 :
903 I
1 S1, {)')')
57,871 ;
it
02; 932
2 099 :
I, 353
1.313
3 ? ,129 i
39. I l l
71,004 i
,750 ;
71.744
.171,551. i 5,019,01.7 I fi.010.121 | 6,351,0!S I
i.r Ann. IT M-:s.
Surplus fund
Oilier undivided profits
Certified checks and. cashier.-' c h e c k - . . .
Individual deposits
X'niled Sliites deposiis
Posral savings deposit:•
.Due i0 other banks
Other liabilit ics
Total.
1
1923—01S
banks.
1921- -023
1922—0
banks.
I l)anks
includes exchanges for clearing house.
0.901,S25
j
333,
05,
331,
87,
40S, !93
92, 190
21
5. 575, 1-17 ; 5. 779. 500
I
2 |
490, 513
107,
35
6 2sv. 551
300. 120 '
79. 920
31 •
4,751
S2
«>S3
21 . 123
5.171
. 180
i35 i'
9.
is.
Hi.",
|
i.019.
0,010,
121
•
•
201
"11. UW
0.351,
O.S ,
31.7
11, 130
901.
502
REPORT OY THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 78.—Aggregate resources and liabilities of private banks from 1919 to.
1923.
In thousands of dollars.)
1919—1,017 : 1920—799
banks,
j banks.
Classification.
1921—708
banks.
1922-673
banks.
1923—601
banks.
RESOURCES,
Loans
Overdrafts..
Bonds.
Due from other banks....
Real estate, furniture, etc.
Checks and other items l ..
Cash on hand
Other resources
150,846
2. 703
41,304
43, G8G
14,200
1,338
7, 551
4,31.4
100, 238
755
35.270
23,621
11,274
1, 000
4,164
3, 203
S6,409
781
35,090
25,536
10,403
994
4,233
2,070
212,026
=|=
175, 300
185,531
165,51ft
374
210,257
13,334
13,040
3, 458
253
109, 421
11.601
12,369
1,950
208
133,089
109
10,320
15,308
2,109
239
115,179
242
9,512
12,894
1,919
239
131,066
31
3, 199
12,829
LIABILITIES.
104,285
727
29.361
21,597
11,020
710
4,470
3,136
266,122
Total.
127,061
1,254
32,191
29, 407
11,700
1, 463
6, 480
2, 344
28
2.139
10,947
1,342
14,032
1,531
10,483
1, 751
7, 504
200,122
212,020
175,300 j
1S5.531
|
Capital stock
Surplus fund
Other undivided profits
Certified checks and cashiers' checks
Individual deposits
United States deposits
Postal savings deposits
Due to other banks and bankers
Other liabilities
!
19,840
8.900
••!, 7 1 7
Total
!
165,51
i Includes exchanges for clearing house.
TABLE NO. 79.—Gold, silver, etc., held by banks other than national 1914 to 1923,
inclusive.
Gold.
1914
19151
1916
1917
1918
1919
1920
1921
1922
1923
-
Silver.
$287,124,164
293,381,637
Year.
S90,712,763
86,473, 553
338,131,926'
106, 207,820
28,133, 000
17, 487, 000
33,948,000
19,778,000
24,077,000
Specie.
S3. 783,193
3. 067, 305
2 312,658, 287
**37,"92i*856"
2 1,649, 261
46,657,699
3, 530, 584
16,121,000
1, 807, 000
27,979, 000
2,524,000
18,663,000
2 39,962, 000
17, 562,000
a 6, 490,000
16,866,000
1,883.000
1
Cash held by Federal reserve banks not included.
« Fractional currency, nickels, and cents.
Paper
currency.
Cash ('notclassified).
$131,289,594
143.474,792
190, 517, 213
216,888, 246
213,109. 283
133, 476,000
145, 570,000
275,975, 000
192.089.000
225,292,000
$103,745,833
73, 518, 005
103, 339.822
155,199, 799
144, 364, 037
393,361,000
432, 467, 000
203,670,000
267,786,000
237,875,000
Total.
$010,655,547
599,945, 292
666,515,322
749,791,076
513,869,423
572,898,000
626,027,000
5-2,218,000
503,711,000
505,993,000
EliPOBT 01' THE C05IPT1I0LLKR OF THE OUKRKSCY.
503
TABLE X O . 80.—Statement showing the condition, of the U> chartered banks of
Canada,'September
;?.9, 10^3.
RI:SOURCK>.
Specie:
SOI, 071.539
Dominion notes
161, 970,212
Deposits w i t h D o m i n i o n G o v e r n m e n t , for security of note circulat on. a n d in ivntral gold
reserves
.*
07.7S2,715
Notes a n d chocks of other b a n k s
I 15', *97'. 053
Deposits m a d e with a n d balances d u e frcin other banks in Canada
5, MM,542
Balances d u e from agencies of t h e b a n k or from b a n k s or agencies in t h e Inil.cd K i n g d o m . .
0,608,-107
Balances d u e from agencies of t h e b a n k or from agencies oisewhere i.han iJI Canada a n d the
I'nited K i n g d o m ."
.">o, 805, 324
Dominion a n d provincial securities
252, l)i)SJ 0(K>
Canadian m u n i c i p a l securities aisd British or foreign or colonial public securities other t h a n
in C a n a d a
118.030, 901
R a i l w a y a n d other b o n d s , d e b e n t u r e s , a n d si ocks
r>0_1915, 70S
Call a n d short l o a n s on stocks a n d bonds in Canada
90. 919.263
Call a n d short l o a n s elsewhere t h a n in Cn nada
1 ;.i0'. 020', 209
Other currentloans and discounts in Cai ada
!, 050 ^ 230, 792
Other ciirrontloans and discounts elsewhere than in Canada
102, -.108,428
Loans to Canada and provincial governments
15, 194', 053
Loans 1 ocities, towns, municipalities, and school disf rici.^
<9,SOS. 578
Overdue debts
7,887', 107
Real oslate. other than bank premises
(">, 409,232
Mortgages on real estate sold by t he bank
.'}, 578, 047
Bank premises
*
09,0S0'. 798
Inabilities of cusl omers under letters of credit
.19,741.822
Other assets
••!', 0 7 0 , 327
Total
2,624. s«)l, 244
I.IAUILITIK.S.
Capital stock (paid u p )
12:5,407.150
Kererve fund
i2:i.625!(XXI
Notes in circulation
1*1, 117,027
Balance d u e t o Dominion .Government after deduciing advances I'oi credils, p a y lisl<, (-i.e..
07,014',001
Balance d u e t o provincial g o v e r n m e n t s
*.
24, 507. S07
Deposits b y t h e public p a y a b l e on d e m a n d in C a n a d a
522,050, N02
Deposits b y t h e public payable after notice or on a (ixed day in Canada
I. I7S, 703, 505
Deposits elsewhere t h a n in C a n a d a
.*
2W', 503, 710
Deposits m a d e b y a n d balances d u e t o other banks in Canada
11,114.894
Balances d u e t o agencies, etc., of b a n k s in t h e I'nited Kingdom
s, 087,23,1
Balances d u e t o agencies, etc., of b a n k s elsewhere I.han in t h e l ' n i t e d Kingdom or C a n a d a . . .
.'J-'i, (»,"> I , (K>2
Bills p a y a b l e . . . . . ' .
'.
"
0,902,729
Acceptances u n d e r letters of credit
iw. 741, S22
O t h e r liabilities
24'. -N64', 371
Toial
' . . 2.024, S91.244
TAHI.K X O . -SI. --Comparalire .statement, October, ]'•).?.?, to Septemfx r, l!j.?.>, relative
to capital, etc., of the chartered hanky of Canada.
X um- C apiial
ber. (paid up).
1022.
October
"November
December
1923.
Tanuarv
Februarv
March
April
Mav
June
Julv
August
September
"Reserve
fund.
N'oles in
cireulalion.
•vgirregul.e
1-.abilities.
Dor-iinion
nole*.
17 «l'>5, 022,074 *13O,252,SN7 SI7s.0-> 5,090 *2. 105.010.937 S17O,7O3.S43
17 125 144 554 l;>0 110 904 16(.»'.6°»i' 201 '»' 419 05*'711 177,770 070
1 •>•> 291.934 • J30.075.000
182.080.^20
17
l70,- ) 0!.35l 2'347.404,950
17
17
17
17
17
17
10
10
16
125 305,686
125 323,786
125, 335,273
125 351,873
125, 356, 154
125, 361,251
123,404,770
123', 400,700
123 407,150
72.S000—24
33
• 130.075,000
• 130,075,000
'•• 130.075.000
i 130,075.000
! 120,425.000
j 120,425,000
!
123,025,000
123,025,000
123 025 000
152,032.047
150,711,857
173.25*, 302
100,255.925
157,379,291
174,658. J10
(63,043,850
109,980,554
184,117,027
2,251,646,117
2,:'.02!84S;074
2, 334, 500,589
2,-11.571,405
2, 389,370, 153
2, K)8,35I, 143
2,303,873,890
2,330,889.405
2,355,792, 110
182.552.279
184 975, ,508
170, 047.S8O
100, ( 19, 535
>
109,722,840
158,528,282
157,477, 174
155.777.02^
101.970, 21.2
304
100 017 005
81, 142,
75. 793
70, 050,
70, 6X1,
70, 904,
71', 228,
70, 004.
65, 217,
01, 071,
503
030
447
060
043
308
489
219
539
504
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 82.—Comparative statement of the transactions of the New York Clearing
House for 70 years, and for each year, number of banks, aggregate capital, clearings,
balances, average of daily clearings and balances, and the percentage of balances to
clearings.
[Compiled at the New York Clearing House.]
Year,
ended
Sept.
30—
1.854
1855
1856
1857
1858
1859
I860
1861
1862
.1863
1864
.1865
1866
1867
.1868.
1869
1870
1871
187*>
1873...
1874
1875..
1876...
1877
1878
1«79
1KS0
188!
1 s*2
1 Ss3
1884 .
1885
1886
1 XK7
I KM
1 SS<). . .
1890
1891
iv>2
"189:*
1894
1895
1896
1897
i SON
1899
1900...
1901
1002
1903
1904
1905
.1900
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
]9IS
1919
1920
192!
19<>9
1923
Total...
1
2
3
Number of
members.
Capital.1
Clearings.
$5,750,455,987
5,362,912,098
6,906,213,328
8,333,226,718
4,756,664,386
6,448,005,956
7,231.143,057
5,915,742,758
6.871,443,591
14,807,597,840
24,097, 196.606
26,032, 384', 342
28,717, 146,914
28,675,159,472
28,484, 288,637
37,407. 028.987
27, S04, 539, 400
20.300.980.082
33:844,369.568
35^461,052,826
22'. 855, 927,636
25,061. 237^902
21,597,274)247
23,289,243,70!
22,50s;438,442
25,178,770.691
37,IS2,128;621
48,565,818,212
40.552,816,161
40,293, 165,258
34', 092, 037,338
25,250,791,440
33.374,682,216
:U.872, 8-JS7K6
30, ^63. (WO, 009
31, TOO, 405. 529
37, 000, (iSO.572
31,053, 098.770
36.279,905/230
34, 121.380,870
21,230, 145,368
2S 204, 379, 126
29,350.804.884
31,337, 760; 948
39', 853, 413', 948
57,368, 230, 771
5!. 061,588.564
77'. 020', 672'. 194
74;753,189;436
70, s:53,655,940
59,672'. 796,804
91,879; 318,369
103,754, 100', 091
95,315.421,238
73,030)971;913
99,257, 662.411
102.553, 959,069
92^ 420.120.092
90.672^300,804
98, 121,520.297
89,760,344,971
90, 812. 707. 724
147,180, 709)461
181,534,031,388
174,524, 179,029
214,703,444,468
252,338,249.466
204,082', 339; 370
213 3°6 385 75v>
214; 621!| 430,' 807
$47,044,900
48,884,180
52, 883, 700
64,420,200
67,146,018
67,921,714
69.907, 435
68', IKK), 605
68,375, 820
68,972,508
08,586.763
80,363,013
82,370,200
81 i770.200
82,270,200
82,720;200
82,417,400
83,420, 200
83,420,200
83,070,200
81 )635, 200
80.435,200
50
48
50
50
46
47
50
50
50
50
49
55
58
58
59
59
61
62
61
59
59
59
59
58
57
59
59
01
7 8 , :>:•}•). 2 0 0
73,435,200
63,611.500
60,800,200
60,475'. 200
61, 102". 700
60'. 002, 700
01) 312; 700
60,412', 700
58,612,700
59.312! 700
00;812,700
6f)'. 702. 700
6.'), 762. 700
60.812.700
60, 772'. 700
60,422,700
60.843.200
61,622,700
62,622,700
60,622.700
59, 022,700
59, 022.700
5K, 022)700
74,222,700
81,722,700
100,672,700
113,072,700
115,972.700
115,972,700
IIS, 150,000
129.400.000
126', 350', (KK)
1.27,350, 000
132,350,000
1.70,275.000
174'275'. 000
J 79,900) (XX)
175,300,000
178 550, (XX)
185,550,000
200, 750,000
205, 850, (XX)
220,350,000
261,050,000
286,150, (XV)
2-SS, 100.000
309,125) 000
('>•>
64
62
«.') \.
64
65
61
01
65*
64
05
65
CO
67
66
66
65
64
64
0'>
60
57
54
54
55
54
50
51.
50
67
65
64
62
62
63
62
59
60
oi)
52
43
40
2
!02, 195, 100
;t
Balances.
Average
daily clearings.
$19,104,505
17,412,052
22,278,108
26,968)37!
15,391,736
20,867,333
23,401,757
19,269)520
22,237.682
48,428', 657
77,984,455
84,796,040
93,541,195
93, 101,167
92,182)164
121,451,393
00,274,479
95.133.074
109)884,317
115,885,794
74.692.574
81,809,470
70,349.428
76,358. 176
73,785;747
82.015,540
121)510.224
159.232)191
151,637,935
132,543,307
111,048,982
82.780,480
109.007,580
114,337,209
101. 192.415
114,8:50,820
123.071, 139
11L65i.471
118)561,782
113.978,082
79)704.426
92,670,095
96,232.4.1.2
103,424,954
131,529,418
189,061.029
I7O.M6'.147
254,103; 039
245,898,649
233,005,447
195'. 648,514
302)234,600
312,422', 773
313,537,570
241,413,023
.'526,505.468
338,461)91.1.
305,016,898
319,050.498
323.833)400
296)238,762
299.810,017
484)147,070
601,106)061
575,987,390
708,592,226
830,060.031
673.539)074
706'378 761
713^028^009
$297,411,494
289,694,137
334; 714,489
365)313,902
314,238,911
363)984,683
380,693,438
353,383,944
415,530.331
677,626,483
885,719,205
1,035,765, 108
1,066, 135,106
1,144,963,451
1,125,455,237
1,120,318.308
1,036,484; 822
1.209, 721'.029
1,428,582,708
1,474,508,025
1,286', 753'. 176
1,408,608.777
1,295,042,029
1,373,996,302
1,307,843.857
1,400,111,063
1,5'16,538,63.1
1,776.018, 162
1,595)000,245
1.568,983.196
1,521,930)994
1,295,355,252
1', 519, 505,385
1.569,626,325
1,570, 198.528
1,757,637,473
1,753,040, I4;i
f, 58 k 635, 500
1, s61; 500; 575
1'. 096, 207, 176
1,585,241,634
i,896. 574.349
1,813,289.239
1.908.901.898
2,338, 529', 016
3,085,971,371
2,730,441,810
3,515,037,731
3,377,504,072
3.315,516.487
3, 105,858,570
3)953;875,975
3,832,621,024
3,813.926.108
3, 109,632) 271.
1.194,484,028
4, 195,293.967
4,388,563,113
5,051,262,292
5, 144, 130,385
5,128,647,302
5.340.846,740
8,561)624,447
12.147,791,433
17'. 255,062,671
20) 950,477.483
25,210,212'. 386
2O,*6())245)122
"1 O3'> 674 952
23j28?;765;358
4,202,187,518,521 *272,443, 840, 850
Average
daily balances.
2
§988,078
940)565
1,079,724
1,182,246
1,616.954
1,177,944
1,232.018
1,15i)088
1,344,758
2,207,252
2,866,405
3,373.828
3,472,753
3,717,414
3,642.250
3,637,397
3,365.210
3,927;666
4,638.256
4,818,654
4,205,076
4,603,297
4,218,378
4,504,906
4,274,000
4,560.622
4.956)009
5;823,010
5'. 195,441.
5)161,129
4,967. 202
I'. 247,069
4,065.900
5. 146,316
5; UK. 192
5,800,784
5.728,889
5'.'95, 526
0,0s3,335
5', 010,580
5.211.611
0'.2i>.277
6,043,571
6,300.006
7,717) 018
10,218, Ii8
8,981.716
ll,()00,785
11,110,211
10,900,304
10.1 S3,143
13)006,171
12.648.914
12) 545', 810
11,179.122
13.797)044
13)845,855
14, 183,707
16.670,833
16,977,328
16,926,229
17,626,557
28,163,238
40,224.475
56,917)402
69,143,490
82,94S,067
O8.S45;693
69,644,619
77,' 318,' 058
196.703,098
'- 12.753,070
Balances
.0 clearings.
Per ct.
5.17
5.40
4.83
4.39
6.66
f 64
>
5.' 26
5. 97
6.04
4. -V,
3.07
3. 07
3.71
3. 09
3. 05
2. 09
3. 72
4. 12
4. 22
4. !.5
5. '52
5. (>2
5. :)9
5. SO
5. S!
5. 56
1. 07
3. 36
3. 42
3. 59
4. 47
5. 12
4. 55
•1.49
5. 08
5. 05
1.65
4.65
5.13
4.92
6. 54
6.71
6. 28
6. 01
5. 87
5.37
5. 25
1. 56
4. 51.
4.68
5.20
4. 33
3.69
4. 00
4. 63
4. 22
1. 09
4,71
5. 22
5.21
5. 71
5. 87
5. 82
6. 09
9. 88
9. 75
9. 99
10. 22
9. 86
10.85
2 «). 48
The capital is for various dates, the amounts at a uniform date in each year ifot being obtainable.
Yearly average1 for 70 years.
Totals for
70 years.
505
KKPOItT OF THE COMPTROLLER OF THE CTTKREKCY.
TABLE N O . 83.—Comparative statement for 1923 and 1922 of transactions of the
Kew York Clearing House, showing increase in aggregate clearings and balances.
[Compiled at tlie Now York Clearing House.]
Percentages to
balances.
For year ending Soph 30—Clearings, etc.
Increase.
1023
1022
1922
1023
Agirregaieclearings
.?214.021. 130.807 IS213,320.385,752 ! SI,205,015.055
A b r o g a t e balances
i 23.281.705.358 ; 2L032J74.052
2. 219.000, 106 :
1
fjoifloTlihrouffh Federalro<orvobank..
23,281,705,358 i 21,032,(71,952 j 2^249,000. 106 i 100.00
_'_
•____
;
I
'.
!
100.00
!
TABLE N O . 84.—-Exchanges, balances, -percentages of balances to exchanges, and
percentages of funds used in settlement of balances by the New Yorf: Clearing
House in each year from 18,93 to 1923, inclusive.
Your on (led
balances.
•:TO*
P(-r cr-ni of
P e r c e n t a g e s Of
funds 11 SOil !I1
sot t l o in 0 n t Of
balance
exchange'-.
Legal
tondf
i v ,>
Js.-; •
•
•,';••;
"isO
•>^o t ;2S, 20 L 3T0
S<»4
~i';p
31
30- 8">3
''30
,-| or. 1
Ov'O 07''
71. 753
70
50 0 7 ? 70H
« S70 >j ^
M
103, 7T1 100
« • > »
•> j
•:t)
J v.-'x
•${;•<
1!'00
I',.'••• 5
\'M)\
|!»07
I'M' 1 )
h'lo
'»•",••
s70 00
'-'• i s' 11< I
•
• > , :
S'Si' O'l
00
017
77! 0 0
49 i. 0 0
43?- On
Of) O'I
80-; Oo
o
V
.
>
059 O!i9. * s
| > 0 O0'»
{);>
420,
00
i • • i :>
S'rMi
101' • v o '
1.01.!
~ 0
i'f i
I ' i ! -y
| I)-)-')
8 j ; ' 00
• .•<)-•
0"!
707 ;.*'•-..] fill
1 s9 "00
18!' -•• j !
0f»
7O O'-'O 0(«
174?
90
S
•>1 1
'•>
j
;•,•. <
T)X
•>{)! (*8°
'V'i\
2:!,
•')•;•>'
1 i <
. > ) ,-j
•'•0
.!•:()
'> 1
'•>')
.,
0
-
!:-'.O.
"" 1
8.)f:,
j"
5 s
•
, -
>J
.
.j
;
4 '
L
1
'A 1;)
4.<
4 . ; ')
•>
•\ 0 9
'
-
•>';
i;>
••0 800
1 " I o-> "">
»->1 '.V\
2H. 2 8 i , 7 0 3 , 357. in
">
"
.-.
-
51. 0
0
00
90
99 07
O'» 0 0
O'l
90. 00
09. 00
09. 99
"
87. :*;
0"
85 "iO
75 4 0
00
<)-•
T>
17
it. i
0 7
j
>
'.
10. s
!!('<
reserve
bank.
0
0«.)
00
0<)
49
1
n
• 1 . .
m,m;
•
3 s. 0
lr> 0
1
01
9
"
7
:
-
;:
.-• >
19I'»
j «!•>()
•')'•
•!.
r
0.
0
•->
730,411, 810.00
3 515,037. 741 0 0
3, 377,. : ;0l, 079 0 0
:> 3 1 5 .ilfj 1 8 " TO
:\ U)5. S58. ")7fi 0 0
053.875. ()74 0 0
A.W2.<)2\. O'>4 0 0
I Ox 0' 1
3
iO9.o:;2. 9 7 !
1, 191. ivl. frN 37
•D"). "-'!?:<, Ot'f' l'V)
i ! 3 00
0 5 1 . 2 0 2 . 2f»2. 0 0
3 V i i'O
30''' 1 ;i 1
'MO MO, 740. f»O
f'O
,s ."»fil IV-i
L>; 147.701. • I 3 3 00
17. 255 0';::, 0~i e-0
• - 0 950 177
O(^
!
O'M 0 0
00
3 1 ->, -f'-> p
73, 030 071 or? 0 0
W
'
10'> "7?
si •'•Of). 207. !70 00
^0
J 800,571, 3iO 00
!, 813 2*0 ->39 00
j 00s 901
00
338,529. 010 0 0
So! (led
Ihrongli
(\
0
0
0
8
i
O'l
01
O|
01
01
01
17
12.
12
14
21.
• Is
0"-;
0^
",0
!'O
10
10
! : ••
3M. 00
05
SO
3v 20
09. X]
100.00
n o :).o
iOO :!O
iOO • »
i 00.00
506
REPORT
OF TILE
COMPTROLLER
OT
TIIK
CURRENCY.
TABLK XO. 85.—Comparative statement of exchanges of clearing houses of the United
States for years ended September 30, 1923 and 1922.
Exchanges for
year ended
Sept. 30, 1923.
Cioaring house1 at—
Now York, X. Y
Chicago, 1 1
1
Philadelphia, Pa
Boston, M:L-K
Pittsburgh. Pa
San Francisco, Cali f
S't. L o u i s , Mo
Kansas Cily,Mo
Los Angeles, Calif
Detroit, Mich
Cleveland, Ohio
Baltimore, Md
Minneapojis, Minn
Cincinnati, Ohio
New Orleans, La
A t l a n t a , (ia
R i c h m o n d Va
Buffalo, N . Y
Omaha, Kebr
Seattle, Wash
P o r t l a n d , Oreg
St. P a u l , V.inn
Milwaukee, W i s
Denver, Colo
Dallas, Tex
Louisville, K y
Houston. T(-.x
Birmingham, Ala
Oklahoma c i t y . ()l:i;v
Memphis, Tenh'
Washington. P . ( .
"•
'
Indianapolis, Ind
Nashville, Tenn
Newark, N. .1
Columbus, Ohio
Oakland, Caiif
Snlt Lake City, Utah
Providence, K. T
Jacksonville, R a
lift le Rock.' A rk
Fort Worth'. Tex
Caniden, N. 1
Spokane, Wash
Hart ford, Conn
Des Moines, 1 owa
Pa ven port, I ow n
[
Rochester. N. Y
Tulsn.Okla
i. Joseph, M
'
(;n I vest on, Tex
Norfolk, Ya
Long lie'ich, Calif
Kvansviije. Ind
r>ulii1h,:Mirm
San Ant onio, Tex
Wichita, Kans
Sacrameni o, Calif
Akron, Ohio
< -rand Ra pids, Mich
New Ha ven, Conn
Chat 1 nnooga, Tenn
Sioux City. Iowa
Canton, Ohio
SVranton, Pa
Dayton. Ohio
Albany, N. Y
Springfielfl. "Mass
Kansas City, Kans
Springfield! Ohio
VA Paso, Tex
Pasadena, Calif
Fresno, Calif
Shreveport, La
1 .ynchburg, \'a
Syracuse, N\ Y
Trenton, N. J
1
6 months:.
;
"
•
:
:
!
:
'
:
2
-131,000 ?213,320,,386,000
002,000 i 27,102,,207, (XX)
,
000, (XX) ! 21. Ml, 19S; (MM)
3(>9,000 • 15!630,
,440. (XX)
6,538.
4XK.000 !
.949;000
7,056,,594,000
589;000 I
0,587,
929,000 !
,896,000
(»,72S ,285', 000
938(M)()
4,850 . 147, (M)O
5,074',,301. (XX)
,
4,424,,210,000
:i42,000
3,830,,961,000
820,0(K)
3,266,,626,000
3,
232, (MX)
2 NSS ,(•82.000
3,
r><>7.000
2,200,, S ' X 000
.SOS, (XX)
2,191,,187'.000
425,000
? , 2 4 ' ,5S9,000
2I
2,
;
,737.000
,908',
2,
,957,000
!,057;
2.
,324.(XX)
,618,,429,000
I, S70 192, ( M
M )
1,563,,161,000
1.
.816,(XX) I
,586,,398,000
1,753, 157;000 i
,512,.211,000
1,675; 283.000 I
,522 ,891.000
1,653,,12*!000 j
L,32i,.205'. (XX)
1,550 ,•'•70,000 i
,277,! 748! (MX)
1,53 1
,200',;712;000
! 19 1 J!(X)0
015 1874.000
320 , 2 0 0 > 0 0
,73tt',(Xi0
' 009,'000
,209,000
\\
,320',000
,091,000
1
,995;(XX)
S7(V.813,000
I
869 ;809,000
,5-11,000
1 381,
!()90J(XX)
708.,607,000
391,000
(544;,294,000
,799.000
(i50 ,134.000
,3' 8.000
,672:000
570 ,025.000
,29i;<MM)
494 :322;000
,391,000
,155,000
, 480, (XX)
,975', 000
,774,000
435,, 194.(XX)
,690,000
517;,088,000
476;,338,000
484;,120,000
550,!780j000
507;,324,000
545,,945,000
469'..345.000
417.,415,(XX)
365;; i24'. 000
112 .159'. 000
402;,533,(MX)
102, ,083.000
338;,533,000
399. .747;000
361,,083, (XX)
396; ,192,000
219!.020,000
393,,-ISO. 000
255!; 172, (XX)
301!,421.000
379, ,095',000
325!: 980, (XXI
367; ,458,000
541!: 050.000
304; ,047,000
315;;284;coo
354. .253,000
,457, (XX)
309,
339!,100,000
313,'499 .'000
330; ,405', 000
2*2. 923', (XX)
320; , 201', 000
264! 880.000
316, ,853,000
275! 37 LOCO
305;,047.000
205, 727,000
285;,300', (XX)
231, 410;000
274; ,900.000
227, 018,0-0
228, 727.000
2*44!.43r.OOO
219, 024! (XX)
262; ,471,000
2!8. 459', (MX)
260!,771.000
255!, 147! (MM)
ro2'. 000
253!.222,000
239! 039, (KX)
248. ,900,000
187; 700.000
!
2 247! 412,000
3 139
2 216;,021". 000
214, 957,000
195. 924,000
241. ,I2S.000
2OS". 570.000
24 L,:a~>.(X)o
.198, 364,000
237;,870:000
?214
i 3V
(
21!
• 19!
: 8'
i 7
• 7
7
•
'
•
Exchanges for
year ended
Sept. 30, 1922.
Comparison.
Increase.
045,000 !
455,000 ;
802, (XX)
929,000
539, (XX)
995", (XX) I
033,000 !
053,000 !
945.000 ' . . . . •
815', (XX) !
132.000 !
859,000 1
606,000 i
8S5.000 •
910'. 000 :
238.000
755;000 I.. .
642; 000 !
367,000
003; (XX)
3S5.000
759;000
039: (XX)
237;(KM)
224, ,205,000
256; 292,000
iso! .781, (XX)
304! 386,000
733,000
201!XX), 000
125; ""1.000
103; 182,000 :.
112, 759,000 !
493; 149,000 '.
so; 784,000 ".
505; 000 :.
I3o! 231,000 .
H3 047',000
909', (MX)
230, (X)0
511,000
133 580,000
50 002'. (MX)
V27.000
,3*2.000
,462;000
/iWjXK)
,991,000
$9,020,000
<13 ,550.000 !
3S ,664.000 '
176 ,572;000
138 ,314, (XX)
77 ,674,000 I
• 1 1 .478,000
3K, 969.000 :.
34:060.000 i
.
25', 001,000 I
47,4S2,000 i
.
64,381,009 :.
• 1,482,00!) !
!
.
99,320'.00() !
53;866,000 .
47.912,000 :.
35'. 701,000 !.
43',447,000 '.
;
75'.215,(XM)
!3,5S3,000
dl', 200,000
108,103,000
31 ',661,000
!2 ; )4OOO
3:.\775,000 1
39,506,000 I
Rgure.s taken from the Commercial A Financial Chronicle.
Decrease.
:!
9 months.
507
REPOT?T OF THIC COirPTItOUJCH OF THE
TABLio No. 85.-—Comparative statement of exchanges of clearing houses of the United
States for years ended September .U), lO.i-i and 1022—Continued.
Clearing house HI
Comparismi.
.Kxehanges for . Kxrhanges for j
:
!
veai1 ended
year ended
S e p t . ;jo. )!»2:{.
S e p i . 30, ii'22.
reasj'.
I
Wheeling, W . Y a . .
Harrisburg, I'a
Bethlehem, 7'a
Youngstown, Ohio.
Lincoln, Neb'r
1'eoria, 111.
(ireonsboro. N. C
Berkeley, Calif
Charleston, W. Ya. - - .
San I)ioj?o. Calif
"Worcester Mass
(iary, lmL
Danville, 111
Helena, Mont
Reading, "I'a
Wilkes I Jarre, Pa
Portland, Me
Topeka, Kims
Lancaster, Pa
oil City, I'a
Tampa, Fla
Knoxville. Tenn
Stamford. Conn
Sioux Falls. S. D a k . . .
Columbia, S. C
Waco, Tex
Wilmington. Del
Stockton, Calil
Paducah, Ky
Madison, Wis
South Bend. Ind
Springfield, III
San Jose. Calif
Raleigh, N . C
Cedar Kajpids, Iowa...
I .-a rising, Mich
Fall KiVer, Mass
Bay City, Mich
Charleston, S. C
Knid, Okla
Fort Wayn<\ Ind
Kockford, Jll
LA Crosso, Wis
Allentown, Pa
Fargo, N. Dak
Augusta. Gil
Lrxington. Ky
IJuuiington, W. Ya....
Mint,.Mich
Wichita Falls, Tex
Austin, Tex
Mobile. AJa
Water bury. Conn
Mansfield, Ohio
.Phoenix, Ariz
Montgomery, Ala
Santa Monica. Calif. . .
New lied ford, Mass.. .
Cheyenne, Wyo
<;reensburg, I'a
York, r a . . .
South St. Paul. Minn.
Blooinington. ill
P;
,X.J.
Ma c o n . ( i a .
Joplin, Mo
(VuijK-y, ill
Waterloo, Iowa
Aitoona, I'a
Hutchinson, K a n s . . .
(Jreen Bav, Wis
Ogden. I" tali
.7a cksoii, M ich
Lowell, Mass
Beaumont. Tex
Yakima, Wa>h
».<227,1t>.r>.000
221.(H>7J!)OO
- 220',7t>7,()tK)
2Li)'7f>7J000
21.-), 2:^.000
2()!,3SS,0()0
2()()';7i)S, 000
U)5,27G,(HK)
(
i ,)OS-(HH)
)t,O,H
- I S 4 , Stvl, IHK>
!*tSt:*000
!ti;{,912.000
I.^ »,'.«.">, l KM)
|.V> t>27.«)00
[ :>:;. .K) i'. ooo
ii^OO
I ISJ77,OOO
( H.()V)S,(K)0
I K)).")27,lKH»
' ^72SiKH)
i:!l,27l_),00O
12^, !2S,000
l2S,:it',().000
127,S28,000
l27S2«HK)
I2.">,:>}2,()IXI !
12:*, «»•'••)•, 000
122,.")!(), IKK)
t22,0S:U)00
i2l02)J)00
J ,
;
lli»,277,(KK)
10;>.2ol,000
i)o:70()0
, ,
!<),'», l s s , 0 0 0
- 10G.I •')<•>, 000
iO."»/J79,0(K)
0"'iOiH)
102', S:il ,000
10|.),'.i«.M,(KH)
- •.•'.•,<)il.),000
hilKK)
s i , )o>,000
S0,t)7\),000
71),:)!'.), 000
7(.).:>oi.ooo
77^S00',0(i0
77,2oO,00()
77.020,000
7V i U K 0
W
7o, SOt), 000
71", 0:^,1)00
7l,:W),000
= 7o, :')():>, 000
2
72,900,0(K)
72,072,000
71,i)U,00;)
70,821,000
(IS, 20^,000
«»8,1 U , 000
OS, (WS,000
«»7'. YI^.iW
2:52, 17<), 000
201,210,000
UiO,320.000
175 8^2 0(X)
190, 115,000
l7C>,St;S,000
•*"> 311 OOO
frit),-157, (KM)
(50, 117, 000
•13 8 7 5 0 0 0
:
21,820,000
27,520.000 :
15,871,000
89,000
t')•")'30") 0 0 0
175,172,000
150,551,000
181,719,000
113. 175,000
(>(>, 971,000
137,313,000
.10,75l>, 000
5-1,239, (XX)
i 12,101,000
129,027,000
1 11,270,000
J LI. 717,(XX)
1-13,711,000
120,91)7,000
102,3i3,000
12S,178,000
j
til > 00() i
s
)l?3lo'oOO :
3 , 111,000 :
70,219,000 !
35,7*1,000 i
3,990,000 j
liil.OI-UKX) 1"
•J8,C»2:>',000 .
•'1 1 999,000
3!,S85,(S0()
"H .0M3.(;O()
12.21S,000 .
H,013,000 •
2ii.073,(X)«)
•>|
(;<)-j
i ) ( H )
< - ' y , j | ' |),|(|
:
l'i,52 .>,000
151,790.000
11,513,000
•10,533, 0 0 0
•)••» C'88 0 0 0
100,8>>2.000
j<)n
~-j~ 0()()
8.'., 173,000
101,591,000
115.221,000
91,157,000
123 j 0.7.) ,000
99'811,'oOO
97,311,000
:•;), 0(>S. 000
So report.
^ V 09,000
.17,5:::;, 000
to, 083,000
>O, 513,000
NO 400,000
79, 72« 1,000
!«2, ISM, 000
SO,187,000
87,791,00.)
85'. OS], 000
()8 13ti 000
No report.
:>!,S7O,000
M . 117,000
iil, 77 1,000
2 7 , - I S l , 000
-12,52'1.000
17,805,(XX) .
12, 105, COO
2 ) , 751,000
8.715.000
31,083,000 .
"*97t")?Oo6
21, I2t>,00()
20,9(.H>,!!00
21,20!),(!()()
109,231.000
:
•S,t 155, 000
\>\, 073,000
21.7iiii.riOI)
2l,f)7S.OOO
23,t)9»i,()00
10', 351, OOO
20, 5i. >7, OOO
V», 158,000
S.S:'.5. 0*)0
2'. illM 00()
S9.51s ? 0(,0
15,003 000
20,50^.000 •
V, JO'i.O'M) '
13
10"'
•]!.'•[}
1 1 . 730. OOO ,
IL.27s;OC4) ! :"
71.590. IKK)
• i 1,957,000
12,0:»9,000 !
i.2, 517, 000
0.1.; 017,000
( 1,752,000
>
13,259,(KK) ;.
J3.32J.OOO ;.
9J538 COO :.
iVi! 201! 000
^V.59:)J000
No report.
75,088,000
4s 875,000
f.8, 101,000
•"«5 000,000
71,591,000
- I-'igures i a k e n from t h e Coirimerc'uil c F i n a n c i a l "hrcMiclc.
V
Decrease.
C>.073.00O
2ojW.t', o"O •
„...
!""3\\vi.l,"0:V)
71,(1! l.lioo | . . . . ' . . . . ' . . . .
'.....:
i,2(.i7,oo;)
.19,333,(^0 !
9,737,('.0;> .
. . .
12,02.', 000 i
....'...."
:
;
9 months.
7,IH),O«JO
508
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 85.—Comparative statement of exchanges of clearing houses of the-United
States for years ended September 80, 1923 and 1922—Continued.
Exchanges for
year ended
Sept. 30, 1923.
Clearing house at—
Aberdeen, S. Dak
Dccatur, 111
Jamestown, N. Y
Aurora, 111
Binghamton, N. Y
Grand Forks, N . Dak.
Niagara Falls, N. Y . . .
Orange, N. J
Jackson, Miss.
Colorado Borings, Colo
BakersQeld, Calif..
Ilolyoke, Mass
Meridian, Miss
Columbus, (5a
Hamilton, Ohio
Pueblo. Colo
(.1 real Falls, Moni
Manchester, N. I i
liangor, Me
Modesto, Calif
Ann Arbor, Mich
New Brighton, Fa
H agerstown, Md
.HarriesviJle, Ofcla
Lima, Ohio
Oshkosh, Wis
Riverside. Calif
.'Reno, Nev
]<»\va Cii.y, !lo\va
Tuoon, Arix
Fort; Anhur, Tex
ftmla Rosa, Calif
-.
Lebanon, Pa
Mason (if y, Iowa
Norristcwii. Pa
lJiliings. Mont
Hastings, 2sebr
Owensboro, Ky
A leh ison, Kans
MonIdajr. N. .1
Rochester, M inn
J1" re in out, Nobr
"Frederick, Md
:.\lcAlester, Okla
\ icksburg, Miss
Kugono. ()»vg
Lorain, 'Ohio.
Jacksonville, III
IAIwrenco, Kans
Franklin,Pa
Manhattan, Kans
Minor, N . D
Pardons, Ivans
Hot Springs National Park, Ark
j / • whiown. Mom
'
A dria n, Mich
Faribaulfc, Minn
O uthrie, Okla
Poutiac, Mich
Emporia, Kans
New Albanv, Ind
San Bernardino, Calif
()elwein, " owa
i
Osagc, Iowa
Rit/.ville, Wash
Clicraw. S. C
.IJCIIVV-IOIJH;IVI, v-Oij.ii
Total
Increase
2
!
'
!
i
'
:
!
!
;
'•
'
;
:
:
:
!
I
i
[
!
i
i
'
j
!
!
I
I
i
'
!
|
[
Exchanges for I
year ended
i*
Sept. 30, 1922.
*$66, 439,000
05, 327, (XX)
00, 519,000
58 703,000
hi 302, (XX)
2 56, 403,000
2 54, 612,000
53, 837,000
2 51, 232,000
50 513,(XX)
50| 033.000
250 030', 000
47' 114.000
46 741,000
44 820,000
44 027,000
43, 759', 000
41, 153; 000
40. 701, (XX)
2 40; 574, (XX)
40, 139.000
39 050;000
3x', SS9,000
3S, 4S3.000 i
2 37, 349'. 000 i
M .
)
37, 246', ( M |
2 35', 951,000 !
34, 920,000 !
2 33 240,000 !
31 [83,000 I
2
30 174.(MM) I
29 090.000
2S 975;000
2s; 710', 000
2S 00i,000
27 705, (X.K)
* 26 SOT,000
25 322', 000
;
25,22l,0(X)
2 22.147,000
21,749.000
21, 155,(MM)
19,676; (MM)
19,492,000
19.326!000
IN", 996', 000
18,549,000
17; l) 10'. 000
2 17.924.000
15j 7*2'. (KM)
15,5X3; 000
15.15L000
1.3,419! 000
2 13.222,000
10,975, (MM)
10.S02J000
9^155,000
9.359.000
<< 346.000
2 7;7s;?:ooo
7,270.000
6,290'. 000
5'. 205'. 000
3; 475;000
3,067,000
§62,139,000
57,190,000
53,510,000
47,529,000
51,649,000
57,565,000
51,184.000
50,072', 000
42,709,000
52,823,000
52,34.4,000
41,584,000
Decrease.
SI,102,000
3,428, (MX) .
3,705,000
8,523,000
2,310,000
2,311,000
:
38,517,000
33,521,000 I
38,999,000 '
43,12-1,000
:i
27, 100,000
•11', 5X5,000
37,211.000
33,SX6'.000
31,970', 000
31.891" 000
3i;U3>X)
40,083,000
31,505,000
28,018.000
31,280;000
30,416,000
Ko report.
19,099,000
23,.N95'. (){)()
20.787', 000
26;123; 000
27,913,000
40,643i000
27,7.")S',(M)0 '.
23S70()()0 i
23,S70,()()0
23,89-1,000 j
22,492.000 I
20.53^,000 I
19'. 737; 000
19;90I,000
is,927;000
17.221.000
14; 84;!'. 000
15,927', 000
10,2:53; 000
10,513,000
16.959. (MM)
13', 393', 000
15', 517,000
11', 891,000
4
2,923; (MM)
17,341,000 !
10.754.000 '
1(>; 051; 000
10,072,000
7,511,000
7, ill.000
6,323'. (KM)
5,97i,000
6.21f>; 000
8,440,000
47,114,000
8,224, (MX)
11,305,000
5,628,000
035.000
13,693'. 000
881,00; I
3,330,000
0,253,000
7,08(), 000
0,998,000
4,370;000
2,734,000
5,081,000
7,303,000
3,040,000
2,830,000
31,1 S3, (MX)
10,475,000
5,195,000
2,18^,000
2]593,000
14S,000
J,452,000
1,374,000 I
2,729.000 !
1.000;000
2,012.000
1,254'. 000
74<UMK)
i2)938,0(>0
891,000
,V
4,4^3,000
OjOo'UX'O
2,316', 000
1, 133,000
905;000
2,389,000
66;000
200,000
10,196,000
4,119,000
22 L 000
838 000
1,8 IS 000
1,235 000
1,400,000
1,296 000
71 000
370;000
617,00!)
190,000
633 000 : 381 6?0 (Y>\j 000 . 29,SSI, 047 000 9,50,038, (XV)
250, 63S, OOO
381, 020, 024, 000 J
411 j 251
29, 631, 009, 000
90 031 009, (VM1
Figures taken from the Commercial & Financial Chronicle.
Increase.
$4,300,000
8,137,000
7,009,000
11,234, (MM)
5,653,000
No report.
4; 895;000
3,483,000
2,877,000
Comparison.
3
9 inonthLs.
4
3£ months.
509
JSKPOJRT Or XHi: (.'OMPTKOLLKU OK T11K (TliKKXCY.
TABLE N O . 80.—Comparative statement of transactions of clearing-house associations in the 12 Federal reserve bank cities and in other cities with, transactions of
$1,000,000,000 in //cars ended September 30, 1933 and 1922.
[In thousands of dollars.]
Clearing house a l Boston, Mass
New York, N. Y
Philadelphia, Pa
Cleveland, Ohio
Richmond, Va
Ailanta, (i a
Chicago, 111
St. Louis, Mo
Minnoa-polis, Minn
Kansas City, Mo
1 )allas, Tex
,San Francisco, Calii'
Total 12 Federal reserve Iv.mk cities
j.
!
19,0G8,3<iO !
i 214,«>2I,
I
24, (U9,
',000 !
5, 447,
'
,342 I
2,548,;, 344 I
I
2, <>2i'',-12.) I
,
I
!
30, S99'.
7,190, 929
|
3,07(1, 232 '
j
7,009, 93S
1, 550, 170
!
7', 01.7, 589
j
j 327,200,731.
1922
G30, -140
:*2(i' 380
51.4. 108
424'. 210
214.5*0
191.187
102', 207
587, S9t>
26tf, «2o
728, 28.')
32(>, 2ii5
();"»), 591
;ill.;>t>.s.8S;$
Increase.
3,-137,929 •
1,295,045 j
3,134.802 !
1,023,132
' 333, 755
430.238
3,797'. -W)')
(103,033 i
40{).i>0t> i
2S1, <'..",;{ j
22-1,205 I
8i)0,905 !
1
15,831,^58 !
OTHL:K c IT I KS.
Pittsburgh, Pa
Los Angeles, Calif
Detroit, Mich
lialtimoro, Md
Cincinnati, Ohio
New (.)rleans, La
.Buffalo, N, Y
Omaha, Nebr
fccjitUc, "Wash
Port land, Oivg
St. P a n ! , ' M i n n
M11 waukee, Wis
1 )en \'er, Colo
Louisville, X y
Houston. Tex
) Jivniindiiir-!. A la
OUiahoinaCiry, O k i a .
^remphis. Term...
Washington, J). C
I n d i a n a p o l i s , Jnd
'
:
To!.alol"2()otlU'Lpfiuei|»iilcLl.ies
Total
Tot:<!. a!i oilier citios (is<>)
i ; n m . l t o t a l oltill cities (2!<,
8, Mi), 4S>
(>, 555.09::
(>.448'. J.!(•
-1,1 !1,820
3, -119.5t>7
2. (H7.80,s
2,307137;)
2, :«){>, 321
1.870, 102
\, 700, S Hi
.1,753, i 5T
1. (175. 2>.:>
I, ti5.'5. i :js
i..">;}I,OiO
l,:iSl. •!:?:•,
i, 320, 2iO
] , \M. b\\) \
1,1 «.Y,00'.) !
1,082.001. j
1,039.005 !
53.30;',857
:
(5, 538,949
4, 850,1-17
5; 07 i, 301
3, 830, OlU
2.888,0S2
2,2()ti,898
i, 908; 737
2.0^7.957
!.<US, 529
!,5(>3. 1(U
227! 3^1
i , r>Si\. 3 9 8
1,512,214
l.522,>0!
1.277, 7 is
1. 200, 7! 2
I. 015,87!
1.0S3, 7-!i)
SS3, -.?0{)
05<i,320
87f>, M3
i«.«; 039
no'2:57
25ii,292
lsi),7SL
301.3Mi
82.733
T2."»'77I
.1(53, I N2
4i.5U,4()7
;
3S0,50s. 5s8 i
30,743J0-15 •
35-1. ss3, 350
25,737,271 I
'
-111,251,G33
381,!)20,«i24 \
'
1.530,530
i 1701,915
1,373,SI 5
310,8.7.)
530. sv">
380.910
30S.(142
2 Ifi, .'JrJ7
. 25«»; -109
:20,8S!,(>!;
'S-0,
•
510
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 87.—State {commercial) savings, private banks, and loan and trust
company failures, year ended June 30, 1923.
State (commer- Savings banks
cial) banks.
TniS
niesmPa"
Private
bailks
Potal.
-
States.
Number.
Arizona
Arkansas
California
Colorado
Florida
Georgia
Idaho
Illinois
Indiana
iovva
Kansas. .
Kentucky
Louisiana
Maine
Mar viand
Michigan .
Minnesota
Missouri
Montana
Nebraska
New Mexico
\ ' P W York
North Carolina
Xorih Dakota
Oklahoma
Oregon
Pennsylvania
South Carolina
South Dakota
'Pe.Nas
I" t ah
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Tol.ul
3
1
1
2
3
2
8
4
1
;}
17
1
1
Liabili- Num- Liabili- Num- Liabili- Num- Liabili- Nuin-j Liabiliber.
ber.
ber.
ties.
ties.
ber. 1 ties.
ties.
ties.
]
§241,932
92 343
•100.000
339' 348
465,000
3 i 6,000
1,426,000
917,710
47,000
1,492,000
8,621,545
506,314
30, 000
§21.3,000
i
1
1 '$1,650,000
|">0<),000
600,000
1
I
655,705
10 2,244,700
3 1,100,000
!
1
|
.
•
i
855,000
510,000
i
2,378,232
675,202
l,990,7S9
8,104,111
3,879,798
878,000
194,700
19 4 053.470
.13 ! 4,066,843
3
438,000
3 i 4.S93. ISO
7 .1.7(^,7(56
7 1' 637,682
7 J.547.099
' 140^ 000
1
•1
1
3
726,249
81.0,000
262,100
547, (XX)
202 53,SSG,303
: ..
•
1
2
..
110,000
115,000
1
11
4
12
29
18
4
217,000
3
197,000
•
1
287,354
1
25,000
1
75,000
i
479, (KM)
240,000
150,000
126,000
1
i
1
1
363,959
j
.17 5,606,7">9 ;
7 2,817,959
11 2,239,000
§454,932
92,343
100,000
339,348
465,000
2,466,000
2,02(5, (XX)
1,573,415
47,000
4,836,700
8,621,545
506,314
885,00!)
510,000
110,000
115,000
2,378,232
675,202
.2,228,143
8,104,111
3,879,798
878,000
]
217,000
7
669,70!)
20
4,179,470
13
4,066,843
3
438, (X)0
3
4,893,ISO
7
1,768,766
8
1,712,632
11
2,108,05S
1
140,000
1
479, 000
5
966,249
I
810,000
3
262, 100
1
547,000
4
1
1
2
3
4
9
5
1
.16
17
1
2
1
1
2
11
4
13
29
18
4
237
61,550, OS 1
In. addition 273 banks closed. of "which IS reopened, 24 went into voluntary liquidation, 86 consolidated
with other banks, 122 converted, and 23 changed title.
REPORT OF THE C'O.UPXROLT.KE
OF TilK
CURRENCY.
511
TABLE XO. SS.—Xumber, assets, and liabilities of Stale (commercial) savings
banks, loan and trust companies, private banks, ami national banks which failed,
by years, from June 30, 191.',, to June 30, 1923.
[ For prior years see annual report, 1020.]
| In thousands of dollars.)
Stateinsi.it.il iions.
State (commercial) bunks.!
,j
Year ended June 30---
Savings ' >iinks.
ii-
Xum-i
ber. j
ber. i
, Lo.-.m and (rust romp;
•allies.
l.iabilj-
LiabiliI. ies.
ties.
i
101-1
1915
i!
ii)17
191*
1919
1920
192!
1922
1923
S,917
3, «(M)
2,14S
2, 539
1.2 i
32
2(13
300
202
Total
. . : 99S |
11,511 i
4,S20 "
•
2,91)1 '
3,351 .
1,094 •
7,775
11,945
4,255
7,750 •
75
24,S10 I
11 :
.
53,SS<i
17 •
i
JS,095 ; 195,227
25< i
l.!70
2.73<5 :
2,24S ;
5,007 !
13 i
73,044 i
4.335 I
11 ;SS5 i
100
12,7s3
27,S15 • 102 j
1.2,507 j
•S 7">2
1,341
257
2,371
l.,S9S
I,fi51
3,07S
(55,535
17, (Ml
2, SI 8
100,242
S t u r e i n s i i i ui ions.
National banks.
Year ended June 30—- !
Xinn; ber.
;
i
. . . i
27
39
12
'
1914
1915
19K)
1917
191 s
1919
10
Assf
ties.
3, 003
7,
35S
2, 008
,;' 4-><)
(i
c
>s
12
1!
1922
1923
Total
Mi.*
20,
170
11,027
17,370
S77
7, ISO
100
3 031
3 044
3', 000
2 239
X umber.
90
41
35
25
12
44
1 ies.
20, 001
10, 495
10, 512
0, 752
9, 195
304.
23/
53,352 1.32 i
555
j "ber.
32,05(>
27, sfiO
10,010
11,300
10,25s 1
9,011
is 9").">
90 124
95. 933
04,550
3S2. 000 i
lies.
12, O3S
33
( i S95
300
53.">
o 739
1""> sOO
2 i . 079
21 002
9, 774
12.707
3,020
5.2S2
2,359
490
1 930
17.301
20,2^7
20,070
101
107, 294
93.292
11
13
.>
i
S3'?
3
TABLE No. 89.
SHOWING INDIVIDUAL STATEMENTS OF RESOURCES
AND LIABILITIES OF EACH NATIONAL BANK (States, Territories,
and Towns Arranged Alphabetically), AT CLOSE OF BUSINESS
SEPTEMBER 14, 1923, IS OMITTED FROM THIS
REPORT AND PUBLISHED AS A
SEPARATE TABLE.
5ir>
INDEX.
ACCEPTANCES. {See Bank acceptances.)
AMENDMENTS. {See Legislation enacted.)
ASSKSSMENTS. {See also Failure of national banks):
Page.
Account of national and Federal Reserve bank circulation
149. 23:5,236
Cost of printing plates, new" banks, yearly IKS3-i923
2:53
Examiners' fees, 1SS3-1923
233
Salaries and expenses of national bank examiners
.1 is. l 19, 233
T poa shareholders of insol vent national banks
73.211
ASSETS. (.See National and all oilier reporting bank-: Bank- other ihan national: I-'ederal .Reserve
banks; National banks.)
BANK ACCEPTANCES:
11 eld by nat ional banks
'27.30
BANK CUKRKXCY. {See Federal Reserve bank notes; .Federal Reserveno1.es; National, bunk circulation.)
BANK OFFICERS AND EMPLOYEES CONUCTKI.) or CKIMINAL VIOLATIONS OJ?' LAW:
Convictions reported by Department of .1 us1,ice
7ii
BANK PKONSKS AND OTIIKK. TIKAL KSTATE OWNKJ). {.ice Bank^ ot her than national; Federal .Reserve
banks; National banks.)
BANKING POWKK OF THE UNITED STATES:
Comparison of, during year ended June 30. r^J:;
127
BANKS OTIILII THAN NATIONAL:
J
Aggregate resources and liabilities of, by classes of banks. l«.M.)-r.<23
f>o<>-."i02
Chartered bunk-', of Canada, condition of, September 29, J923. a n d capital, etc.. m o n t h l y . October,
1022. to S e p t e m b e r . i923
"... :>I.KJ
Combined r e t u r n s from Stale (commercial), savings, private banks and loan a n d trust com panics,
J une 30,1023
.110—112
Conversions a n d reorganizations a s national b a n k s of State b a n k s , a n d primary organizations
as national b a n k s since 1900
213
Earnings, expenses, a n d d i v i d e n d s of, in t h e District of Colum bia
12:.)
Failures of, in each S t a t e , d u r i n g year e n d e d J une 30. !923
"I
>O
Failures of, years e n d e d J u n e 30,1911-1923
oil
Foreign b a n k s of issue, resources of, J u n e 30,1923
147
Cold, silver, etc.. held b y , 191 1-1923
;>02
I n ihe District of Columbia.
12S. 44S-450, 4.~>2-4.'>3
Loan a n d t rust com panics, statistic* relating t o
100.102, 401, ">00
Mutual savings b a n k s , statistics relating t o
J01, -17C». ,~>0l
M u t u a l and. siock savings b a n k s , st.ati>lics relating to
J.0-">
N u m b e r and capital of State banks converted into naiional i>anking a>sociation^, in eacli State
imd Territory, from .1X03 lo October 31,1923
213
Principal i t e m s of resources a n d liabilities of, 191 s-1923
11.2
Private b a n k s , statistics relating to
1 o \ ISO, 5u2
Resources a n d liabilities of all reporting. ,1 une 30, 1923
i 10. -1M
Resources a n d liabilities of, for each class of b a n k s . ,1 une 30, 1923
11.2
Savings b a n k s , including postal savings, n u m b e r of depositors a n d a m o u n t of deposits, etc., in
the principal countries of the world
144
School savings b a n k s , statist its relating to
J 43
State (commercial) b a n k s , statistics relating to
98,156, .">00
siock savings b a n k s , statistics relaiing t o
:
102,-172,501
Summaries of r e t u r n s . Juno 30, 1923, from State (commercial), savings, a n d private b a n k s a n d
loan a n d trust companies, b y States
4 .">!>-491
B O N DS. SKCUKITJES, K T C . OWXKU BY NATIONAL B A N K S . {See Invent merit s of nat ional banks: I nited
States bonds; "Unitecd States G o v e r n m e n t securities owned b y .national banks, i
Bo\!>S AND MONEY P.ORKOAVED 1'Y NATIONAL 1^'. NIvS. {S(( Xai ioilal bsCIlks.)
BHA-NCH RANKING:
A gradual growth
Diflicult y of examination
Kssemiallj- monoprJistio
I tit.ratii y bank ing a local <\ uesl ion'
">
s
9
lG
51.5
516
ISDJSX.
BKAXCH RANKING—Continued.
Page.
Legislation necessary
Powers of national b a n k s relative t o
Present development of
Principal issues involved i n extension of
B K A X C I I B A N K S . (See Domestic branches of national banks.)
10
12
G
7
B U I L D I N G A N D L O A N ASSOCIATIONS:
.Vssetsand liabilities of, in District of Columbia, six m o n t h s ' period e n d e d December 31.1922, a n d
J u n o 30, 1923
454.45">
Condition of, i n District of Columbia, 1909-1923
130
Progress of, in t h e U n i t e d States, statistics relating t o
130
" C A L L S " F O R R E P O R T S O F CONDITION OJF NATIONAL H A N K S :
Dates of, 1014-1923
CAN A DA. (Sf-e B a n k s other t h a n national.)
252
CAPITAL STOCK O F NATIONAL B A N K S :
A n d other liabilities
2
Authorized, each m o n t h , J a n u a r y , 1914, t o November, 1923
204
A m o u n t of m o n t h l y increases, year e n d e d October 31,1920-192;')
214
Chartered, consolidated, in voluntary liquidation, insolvent, years e n d e d < H <;ber 3i, since 1913.. 214
Chartered in each Stal.e, year e n d e d October 31,1923
217
Chartered m o n t h l y , year e n d e d October 31,1923, conversions, reorganizat ions, p r i m a r y organizations, a n d 1:ol al
223
Consoiidai od b a n k s under act N o v e m b e r 7,191S
2i0,212
Diite of each report of condition, 1914-1923
30t>
Domestic branches
K(>
Failed banks i n charge of receivers, year e n d e d October 31, 1923
237
f n euch Federal reserve district, .lone 30, 1923, a n d a t date of each report during year
0T>, 437
Liquidated b a n k s , year ended October 31,1923.
2(X!
Organized, failed, a n d reported in voluntary liquidation, year e n d e d Ociober 31. 1923. in each
.Slate
222
Percentage of dividends a n d n e t a d d i t i o n t o profits t.<), i n cities, .Slates, a n d Federal resrive
districts
»7, GO
Percentage of, to aggregate resources, including rediscounts, 191 f>-192.!
0',"
Jtel.-iiion of, to individual deposits, loans, and aggregate resources, e l c , dale of report following
inidsuminer report, 1917-1923
01
*
CAJ'lT VL. JH/RJ'I.TJ'S. AND V N DIViDFD PROFITS OK "NATIONAL HANKS:
Comparative statement of. during past year
Relation of. to individual deposits, dare of midsummer report, 1917-1923
2.)
G
O
CASH IN UAXKS:
C la-sill cat ion of. in National and .state banks. .Tune 30.192;i
(Hold, silver, ei.c\, held by banks other than national, 1914-1923
Gold, ^iver. etc.. held by national banks at dale of each report. 191 M923
Held by national banks in city of New York. January 13, 1914, to September l i , 1923
Nat ional banks, at date of each report during year, by reserve cities, ei e
Nai ionaI banks, in each Stale. Sepiember 14. 1923
CKKTIFICATKS OF DEPOSIT. (SI'C Banks other than national; National and all other reporl i ng banks:
National banks,)
CKUTIrrcAT;:S OF INDEBTEDNESS OF Tin: UNITED STATKS.
.123
!>02
292
294
2TS
;U
(See Inleiosi-bearing debt of the United
.Stales: Unire.d States Government securities owned by nut ional bunks.)
ClI.VN-MvS OF TITLES OF NATIONAL HANKS:
Incident to consolidations
List of associations involved, year ended October 31. 192;}
CH.AUTKRS OF NATfON'AL HANKS (ftcc also Organization of national ba-nksV.
A [.plied for. granted, and refused, year ended October 31. 1923
List: of banks chartered in each Siau- during year ended Oel .ober 31. 192:'.
Number and. classification of banks chartered monthly. year ended October 31. 1923
CiRCii-ATroNT. (S((.: Federal reserve bank notes; Federal reserve notes: Nat iona 1-bank circulation.)
217
210
*2
217
223
CLEARING-HOUSE ASSOCIATIONS:
Comparison of transactions of, in t h e 12 Federal reserve b a n k cities a n d elsewhere. 1923-1922... 97, ";09
E\changes for, in national b a n k s
27,29
S t a t e m e n t of balances of clearing houses in t h e United States. September 30, 1923-1922
97, ."0(5
S t a t e m e n t of balances of New York clearing house
97. ">01. ">0">
CLEilKS IN" OFFICE OF COMPTKOLLMR OF 'i'HK Cl.'KKENTV:
Names of, at close of business, October 31, 1923
COIN" AVD COIN" OERTIFICATKS.
(Set. ('ash in banks: Money in the United States.)
COIN' AND LWPEII CURRENCY. (S<e Banks other than national; Cash in banks; Gold; Monetary
stocks in principal countries of the world,)
201
LSDliX.
51
COMMERCIAL AN'D FLVANXIAT, CHROXVCLK:
Iiates for m o n e y r e p o r t e d b y
Sterling exchange rates reported by
COMPTROLLER OF THE CURKKNCY:
Names of, and length of service
Coxcu'.stox:
Appraisement of work of personnel
CONDITION' O F "NATIONAL H A N K S . (>'< National b a n k s . )
CONSOLIDATION' OF NATION'AL 15.VNKS:
Changes in capital, surplus, undivided profits, and aggregate resources, incident 10
Changes in title incident, vo
Under act of November 7, l o t \ H I of
>
Under act of November 7, 19!:-. number of, and loss to capital ineidc-ni to. I M * to 102:;
< <
C K I M I X A I . VIOLATION'S OF LAW:
B a n k oilieers a n d o t h e r s convicted of
C R E D I T O R S O F INSOI.VKNT NATIONAL .-JANKS, (Sec Failure of national b a n k s . )
l)r.»T O F Tin-: U N I T K D S T A T K S . (SH Interest-bearing debt of t h e V n i i e d S t a t e s . '
l\tgp.
0">
IC
201
!">(>
210
217
212
211
70
1)I-.PART.MF.NT o r JI-STTCF.:
("ooperation of
2
R e p o r t of, o n c r i m i n a l violations of law
70
DKPO-MTS (.svr ulna B a n k s oilier l h a n n a t i o n a l ; N a t i o n a l a n d all other r e p o r t i n g b a n k s : National
banks):
Changes i n , In n a t i o n a l brinks sine*1 .iune ;>o. 1010
41
I n d i v i d u a l , i n a ll r e p o r t i n g h a n k s , oh^si!ioat ion of. .Mine :<0, i;)2:;
12'
N a t i o n a l b a n k s , d e m a n d a n d t i m e , at d a l e of each report d u r i n g yi-,\v. b y eilie< a n d Slaie>
2t'.2
Nai ional b a n k s , at d a i o of siispons-on
2 57
National h.uiks. on or nhoul .Mine-::<!. 101 ! -liVii
-tJ7
!'("•<•( -n I age of, in nal iv)nal b a n k s , lo ;igg regale resources. !0!"; I92>
(>7
'I'o^iai s a v i n g s
I ?!
K r i a l . i o n o f . t o e a p i i a i , i n n a i i o n a l x : \ \ k ^. a i d a l e o f f a i l r e p o r l , li.'!7- !02:»
(»7
4
Me-r-r"\ e r e < i u i r e d a ? i d h e l d o n , b y n a i f e r i a l b a n k s i n i T M - r v e e i i i r s a n d ^ l a i ( s , n i . d a t e o f e a c h r e port during yea:1.
2\>7
S : i \ : i w s i i n d i n d i v i d i - a l , i n n a i i o n a l l v . n ! > . b y S » a ! e s . . : u n e . M»i:{-I!»:ii
:-2
S a v i n g s b . i n k s . i n]:rinci|i<il e o c t i i i i e - o f \ \ i o wo't'ld
'!1
;
1
• - : ) \ \ n i i > . i n n i u l u a l r . n d . ^ i o e i c s a v i n g > l . ' a n k ^ , . l u n r ->i). i•:»!•!• i ; J 2 ! , w i i h a v e ! ; » g e d u e e a < l i d e - p o i i M i i < N
> : ! \ I n g s , i n . j n n t u a l ; : n d s t o c k s a v i n ; : ^ b a n k s , w i t h r a l e o f i n t e r e s t . , b y S i . a i e s , J u n e : i 0 , l ; ' 2 : j . . . . i n i. !()•;
^ u v i n g s ^ i n n a t i o n a l b a n k s , w i i h a v . ' v a g e r a t e o f i n f e i v > ! p a i d . I n c i i i o s a n d s i n i e > . . i u f i e : l i ) , Mr.»:i..
">o
^••hool s a v i n g s
i i:i
"vaieiiient- r e l a t i v e i o . in n u ! i(iiiai. b-.mks. d i i r i n g (h.e yi-ar
2' 1
Dr.iM-.-.-rMHs:
M u u i u L a n d s t o c k s a v i n g s b a n k ; . J u n e :{0. I«»2L>-:;:$
in.-;
M n u i a l j>nd s t o e k s a v i n g }».iiik.--. -Muir-'JO, ;!M l-MJZi, w i t h a v c r a g r d n e e a e i i d e p o - i l o r
ii'1
>-';i\"i')gs b a u k > . i n c l u d i n g p o ^ i a l .savings, in t h e p r i n c i j ) a l c o u n t r'ic^s oi !.he w o r l d
! I '•
^>i\ing.s. i n nalion-.il b a n k < . .Juno -iO, ii'2:;, i n c i t i e s a n d Si a l e s
r,o
:-v!io(;l. s a v i n g s l>anks, scho-:>i y-\\v 15)22-2."!
i-i:?
!>!•:'! TY C<mPTR()].LF:Ks:
N-.ir.ios a n d . i e n g t l i o!' ;-er\ ice
2'il
!>!>!!;i. ci'iON (we also F e d e r a l r e s e r v e ->arjk note-;: l-'t'deral w.-.-vw noie--. Nisiion.-d b a n k circiiialinnj;
N-il ional bank notes destroyed yearly since o.-tabli.sh:.p.e:ii of syr-iem
2--J:)
•S'aiioiutl b a n k n o l e s d e s i r o v e d n i o n i h i y . y e a r cnd*'d O c i j t b o r : i l . !<)2";
2-H
l)ic;i;>r O F D E C I S I O N S :
iii-iu: i n g i-o n a i i o n a i b a n k s
iri')
i)fss - ; : \ T :
1
A n d i n t e r e s t r a t e s p r e v a i l i n g in F e d e r a l i v s e r v e b ; u i k c i t i e s . :>0-day pericni e n d e d S c i j t o n i l x u i-".
M»2:>
03
Ua'les approved by Federal Reserve Board a n d in elYect ('>(Mober ^ 1 , 1()2'>
02
U a i e s o f , i n New ^'ork marker
0U'7
Di-^TiiK T OF COLUMIUA (HC ah't B a n k s ether t h a n national):
Building a n d loan associat ions in, 1009--i923
i.Sii
K a r n i n g s , e x p e n s e s , a n d d : \ i d e n d s . .'Iune. i!)22-2o, of s a v i n g s b a r k s a n d (rust c o m p a n i e s in
!2'.)
.•Re'^onrcos of financial i n s t i t u t i o n s i n . .Inno.'iO. l!)2:»
!2^
D i v u i K N i ' s . (zjte K a r n i u g s . e^pefises, a n d d\\ i d e u d s of n u i i o n a l nar.ks: F a i l u r e of n a t i o n a l bank.- 1 ..'
D O M E S T I C I'»RAVCIII:S OK •NVTIONAI, i>.\Niv.-:
F.istof
i)OMi:.-Trc A N D F O R E I G N STA'I'HITIKS m-:..i> IJV NATU)N-.\I.V SIANKS.
(s;a
„.
Investm<»nis of ri;itlo:i;ii
v>
518
INDEX.
E A H \ I \ C . « , EXPENSES, *N'D DIVIDENDS OF NATIONAL KAXKP:
Page-
By Federal reserve districts, year ended June 30, 1923
In each reserve city and State, year ended June 30, 1923
Disposition of, years ended June 30, J922-23
Reference to
65
57
55
1 ; 55
EXAMINATION OF NATIONAL HANKS:
Cost of, 1SS3-1923
EXAMINERS. (Sec National bank examiners.)
EXCHANGES. (Sec Clearing-house associations.)
233
EXHIIUT A:
Opinion of Attorney General of the Tnited States relative to operation of additional offices of
national banks
EXPENSES. (See Oflire of the Comptroller of the Currency; Earnings, expenses, and dividends of
national banks; Failure of national banks.)
151
EXPORTS AND IMPORTS:
Merchandise, gold and silver, calendar years 191.1-1922; nine months, 1923
127
FAILURE OK NATIONAL HANKS:
Assessments against siockholdcrs
244
Assets (nominal value), liabilities, and number of, years ended June 30, J914-1923
511
Capital and surplus at date of organization and at date of failure, dividends paid while solvent,
etc., of each hank, in charge of receiver, year ended October 31, 1923
237
Closed and active receiverships
75
Comparative statement relative to assets, etc., active receiverships, year ended October 31,
1923
73,237,242
Dividends paid to creditors and total dividends in each case up to November 1,1923
251
Lisi of banks restored to solvency and those which failed subsequent to restoration to solvency
siiiCC August 2, INSO
250
Number a ;id capi i al of, each year ended October 31 si nee 1913
214
Number, capital, and gross assets of, in each State, year ended October 31, 1923
222
Receiverships closed uuri ug year ended October 31, 1923
75
Statement relative to, year ended October 31, 1923
73
FAILURE OF STATE HANKS. {See Hanks other than national.)
FEDERAL FARM LOAN SYSTEM:
Condition, of Federal land banks, year ended October 31. 1023
136
Condition of joint-si oc-k land banks October 31, 1923
137
FEDERAL RESERVE HANKS (,sa also Federal reserve system):
Assets and liabilities of, latter part of each year, 1914-1923
90
I Jills discounted by, secured by United States Government obligations, to total bills discounted
and purchased by, etc.. al end of each month, year ended October 31,1923
92
(.'imilation outstanding, secured by gold and commercial paper, etc., weekly, November 1,
1922, to October 31, 1923
23*1
Coiditioji of, at close of each month, January 3J, 1919, to October 31, 1923
91
Discount rates of, in effect October 31, 1923
92
National-bank reserve with, at date of each report during year
27,296,297
FEDERAL RESERVE BANK .VOTES:
Amount received for redemption each mouth, year ended October 3]. 1923, by National Bank
Redemption Agency
Cost of redemption of
Issued, redeemed, and outstanding October 3J, 1923
Redemption of, during the year, statement relative to
Securities withdrawn by banks reducing circulation, amount of, monthly, year ended October
31, .1923, and balance on deposit October 31, 1923
Taxes assessed on, cost of redemption and cost, of plates, years ended June 30, 191o to 1923
Vault balance, October 31, 1.923
FEDERAL RESERVE BOARD (tee also Federal reserve system):
Discount rates approved by
Resolution of, with respect to branch baiikiug
231
232
236
84
86
236
236
92
1.3
FEDERAL RESERVE NOTES:
Amount received for redemption each month, year ended October 31, 1923, by National Bank
Redemption Agency
Cost of redemption of
Denominations of, received and destroyed since organization of banks, amount on hand October
:} 1. 1923, and source whence received
Issued, reared, and outstanding, year ended October 31, 1923
Outstanding, secured by gold and commercial paper, etc., weekly, November 1, 1922, to October
3 i. 1923...
Vault balance, October 31, 1.923
231
232
235
235
234
235
INDEX.
519
FEDERAL RESERVE SYSTEM (see also Federal reserve banks):
Page.
Can the Federal reserve system survive the operation within it of largo branch banking systems..
S
Compulsory membership of national banks in
:j
Danger to
9
Development of
S9
Fundamental relations of State and national banks within
4
Increased flexibility for national banks necessary for the good of
.16
Interests of, and national banks
2
Is a reserve system necessary
7
FOREIGN" BA.VKI.NTG. (Sec Foreign banks of issue; Banks other than national.)
FOREIGN BANKS OF ISSUE:
Resources of, .1 une 30, 1923
147
FOREIGN BRANCHES OF NATIONAL BANKS:
Location and condition of
253
FOREIGN GOVERNMENT BONDS. (See Investments of national banks.)
GlLPlN, W \ J., MANAGER OF NEW YORK CLEARING HOUSI-::
Clearing-house transactions, reported by
iT
*
GOLD (see also Banks other than national: Cash in banks; Exports and imports; Money in the United
States):
Held by all banks, J une 30, 1923
124
Held by national banks at date of each report during year
278
Held by national banks a t date of each report since January 13, 1914
292
Held by national banks in city of Now York since January 13, 1914
294
Stock of, in principal countries of the world
131
IMPORTS. (See Exports and imports.)
INSOLVENT NATIONAL BANKS. (See Failure of national banks.)
INSOLVENT BANKS OTHER THAN NATIONAL. (Sec Banks other than national.")
INTEREST.
(See Deposits; interest-bearing debt of the United States.)
INTEREST-BEARING DEBT OF THE U N I T E D STATES:
Statement relative to
83
INVESTMENTS OF NATIONAL BANKS (see also Banks other than national):
A date of each report during year
27,317
At dat e of each report since January 13,1914
306
Changes in, since J une 30, 1919
41
Comparison of, in years ended September M and J une 30, ] 923
2S, 4,">
In the tsvo central reserve ciiies, other reserve cities, and elsewhere, September J !-, J923
25S
Losses charged oft" on, J une 30, J 922-1923
50
Losses charged oft on, in reserve cities and States, June 30, 1923
Gl
Losses charged off on, in each Federal reserve dislrici, June 30. 1923
05
Losses charged oft on, years ended J une 30, J < 1 x-1923
>
(M
On or about J \me 30, .1914-1923
440
Percentage of, to aggregate resources, 1915-192;>
07
United States Government, domestic and foreign bonds and securities held in reserve cities and
States, Tune 30, 192;}, classificaf ion of
40
United Stales Government securities held in reserve cities and States, June 30, 1923, classification
of
12
ISSUES AND REDEMPTIONS. (See Federal reserve bank notes; Federal reserve notes: naiional bank
circulation.)
L A W F U L MONEY:
Deposited to secure circulation of national banks in charge of receivers, year ended October 31,
1923
237
Deposited with Federal reserve banks as reserve, at dale of each report during year
296-297
Deposited with Treasurer of the United States on 1st day of each month, from January, 1914,
to November, 1923, to redeem circulal ion
201
Gold, silver, etc., held by national banks at dat e of each ivpori., 19! I-1923
292
LEGISLATION ENACTED:
Act of March 4, 1923, authorizing agricultural credit corporal ions
Amending section 5219, Revised Statutes
L E T T E R S OF CREDIT. (See National banks.)
LIBERTY LOAN BONDS AND CERTIFICATES o r INDEBTEDNESS.
25
21
(Set Interest-bearing debt of the United
States; Investments of national banks; T'nMed states Government securities owned by national
banks.)
LIQUIDATION O F NATIONAL BANKS:
Capital and number of, in each State, year ended Oct ober 31, 1923
Capital and number of, years ended October 31, 1914-1923
Capital, date, and title of banks placed in, during year ended October 3.1, 1923, with mimes of
succeeding banks in cases of succession
72300°-- :M
34
222
214
200
520
LIQUIDATION OF NATIONAL BANKS--Continued.
Page.
N umber of, in each State, since beginning of the system
21.1
N u m b e r of, in each State, year ended October 31,1923
222
Statement relative to, during year
<q
LOAN AND TRUST COMPANIES. (See Banks other than national.)
LOANS AND DISCOUNTS OF NATIONAL BANKS (see also Banks other than national):
And investments
I
At date of each report during year
27,30G
At date of midsummer report for past three years, and since 191-4, classification of
40,445
Changes in, since June 30, J919
41
Classification of, in central reserve cities and elsewhere, a t date of midsummer report, 191S-1923. 259
Classification of, in cities and States, June 30, 1.923
34
I n central reserve, other reserve cities, and States, a t date of midsummer report for past three
years, comparative statement of
4L
In each State, September 14,1923
31
in reserve cities and States, Juno 30, 1923, classi fication of
35
Interest and discount earned on, June 30, 1922-23
50
Interest a n d discount earned on, year ended Tune 30, .1923, in cities a n d States a n d Federal
1
reserve districts
57,65
Losses charged off on, .1 une 30, 1922-23
5G
Losses charged off on, etc., years ended J une 30, 1918-1923
06
Losses charged oft on, year ended June 30,1923, in cities, States, and Federal reserve districts.. 61,05
Paid b y receivers, closed and active receiverships
244
Reference to, during the year
28
Kelation of, to aggregate resources, 191 -VI923
07
Relation of, to capital, date of fall report, 19.17-1923
66
Secured b y real estate, J une 30,1923, in reserve cities and States
31
LOSSES. (See Earnings, expenses, a n d dividends of national banks; Failure of national banks; I n vestments of national banks; Loans and discounts of national banks.)
M I N T , DTRF.CTOR O F :
Stock of money in t lie principal countries of ihc world, reported by
MONETARY STOCK. (See Money in t h e United States.)
131
M O N E Y IN T H E U N I T E D STATER:
Classi fication of, in the Treasury, Federal reserve banks, and in circulation, July 1,1923
126
Held by national banks in the city of New York since January 13,1914
294
Meld by national banks at date of each report during year
278
Held by national banks at date of each report since January K3,1914
292
Increase in. stock of, July 1,1914 to 1923
124
I n the Treasury, reporting banks, Federal reserve banks, in general circulation, and per capita,
years ended J une 30,1914-1923
125
Percentage of national-bank circulation to, dale of midsummer report since 1914
257
MUTUAL SAVINGS BANKS. (See Banks other than, national.)
NATIONAL AGRICULTURAL CREDIT CORPORATIONS.
NATIONAL AND ALL OTHER RKPORTING BANKS:
(See Legislation enacted.)
Assets and liabilities of, in each State, J une 30.1923
Cash in, J une 30,1923, classification of
Combined returns, 1918-1923
Individual deposits in, June 30,1923, classification of
Resources and liabilities of, including Federal reserve banks
Summary of combined ret urns, J11 ne 30, 1923
Ill
123
122
121
122
113,120
NATIONAL BANK CIRCULATION:
Amount of bonds to secure, withdrawn, etc., by months, year ended October 31,1923
85
Amount received for redemption each month, year ended October 31, 1923, by national-bank
redemption agency, and principal source whence received
231
Amount secured by miscellaneous securities, September, 1914-Decenibcr, 1915
204
Amount secured by United States bonds, monthly, January, 1914-November, 1923
204
Cost of redemption of
232,233
Denominations issued, ret ired. and outstanding, years ended October 31,1914-1923
22s
Denominations of, outstanding, year ended October 31,1923
85
In vaults of Currency Bureau a t close of business October 31,1923
231
Issued during each year, 1914-1923: destroyed, account of active, insolvent, a n d liquidated
banks; total destructions and percentage of destructions to issues
230
Issued moni hly year ended October 31,1923, and since 1ST>3
229
Issued t o banks, year ended October 31,1923, denominations, amount of, and cost of, etc
230
Outstanding a t date of each report during year
27,2SS
Outstanding at dale of each report during year, by reserve districts, etc
2SS
.
521
NATIONAL BANTK CIRCULATION*—Continued.
Page.
Outstanding at dale of failure, ami lawful money deposited to secure, each insolvent national
hank in charge of receiver, year ended October 31, .1023
2-'?7
Outstanding, first day of each month from Jaiuiary 1, 1014, to November .1. 1023; United Stale*
bonds and miscellaneous secuiilies (act May 30, lOflX) deposited to secure.: lawful money on
deposit to redeem, etc
204
Percentage of. to capital, assets, and money in tin* 1'nited Si ales at daie of each report since
January 13, 101 1
2-">T
I »rofi t o n
SI, 22^
Profit l o Government on
l-W, 233
Received a n d destroyed yearly since esiablishmenI: of the system
Received from Bureau of Engraving and Printing, year ended October 31, 1023, denominations,
amount of, and cost, of, etc
Received monthly for redemption by Comptroller of the Currency and National Rank Redemption Agency, year ended October 31, 1923: total amount: received since approval of act of June
3(), 1 XT 1 . . . -. - .*
-
Redemption of, during the year, statement relative to
Reference to, during year
Tax on, year ended June 30.1023, cost of special dies, roils, plates, priiiiing, paper, etc
T a \ c s assessed on, years ended June 30, I N H - 1 0 2 3 , co.-t of redemption. !^~! 1023, assessments
for cost of plates, etc
Total outstanding each month, January, 101 I-November, 1023
United States bonds deposited monthly, year ended October 31, 1023. as >ecuriiy for
United States bonds on. deposit to secure, description and amouni of. years ended October 31,.
L000 - i.023
Vault account; of. received and deslroj*ed, and amount on hand, year ended October 31, !023_..
230
230
22i)
S4
21)
i 10
233
201
-S")
221
231
N A T F O N . U . P.ANK KXAMINTRS:
A|)praiseinent of work of
I ">'.)
Assessment on national banks for .salaries and expenses of
.1 !*
Names of, October 3i, 1023
fw
NATIONAL MANTKS (m- «/'<••> Failure of national banks: Legislation enacted: Organization of national
banks'?:
Abstract of condition of, by reserve districts, date of each report duri ng year
-13s
Borrowings of, on account of bills payable and rediscounts, dale of each report during year, by
Federal reserve districts
33
Date of each report since ]<)H. condition of
:.{'.«
Detailed s t a t e m e n t relating to, at close of i)usiness September 11. iO23
27
Distribution of, by geographical d i ^ ' r i d s , June 30. 1023
82
Domestic branches of
S;>
Earnings, expenses, a n d dividends of. year ended June 30. 10-.':i
.".",
Foreign branches of, condition of, June 30. 1923
2">3
I n d i v i d u a l . s t a t e m e n t s o f c o n d i t i o n of, S e p t e m b e r i t , 1 0 2 3 . o m i t t e d f r o m t h i s r e p o r t a n d
published as a separate table.
In each State a n d reserve city at da>e of each report during year
31'.)
In New York, the twoc; i niral reserve cities, other reserve cities, mid elsewhere. September 11.
11)23
Investments, classification of, by cities and Si ales. June 30. 1023
Investments, classification of, June 30, 1022-23
Tjabor )>anks
Liquidation of, during year
List of additional local olliccs auihorizc-d, year ended Or toner 31. 1923
Number a n d aui.hori/.cd. capital of b m k s chartered: number and capital stock of banks closed
each year ended October 31. since 1013
Number, capital stock, circulation, and aggregate' assets, dale of each report, J a n u a r y 13, 1011, to
September .1 L 1023: amount of m o u e y i u Cue l.'niled Stai.es June 30 each year, etc
N u m b e r , c a p i t a l , s u r p l u s , d i v i d e n d s , n e t a d d i t i o n t o profits, a n d p e r c e n t a g e s , e t c . . y e a r s e n d e d
Jline 30, 1014-1023
2-V*
l'i
4">
S3
S!
Ss
2! I
2">7
(i'i
O p i n i o n of A t t o r n e y G e n e r a l o f t h e 1 ' n i t e d S i a i e s r e l a t i v e s.o o p e r a t i o n of a d d i t i o n a l oiTices o r . . . \~>\
Principal items of resources and liabilities September U, 1023. by Stales
31
Regulations of the Comptroller of tlioCum'ucyrelatiiiglotsiabMshmenl of add it ioualoifices by. "!"):?
Resources a n d liabilities at <lai.e of each re{K)r(, yoareuded September 1-t, 1023
2(),.">17
Resources and liabilities of. June 30, !023, by Stales
402
Savings and individua 1 deposits in. June, 1013-1023
52
Savings depositors and deposits in, June 30, 1023. by reserve cit ies and Slates
r>u
Well-fortified, posit ion grat i fying
1
NATIONAL AND FKDKKAL KKSKKW-: frKii:-:>;c\. <Su Federal reserve bank noirs: Federal reseive
tiolos: National bank circulation.)
522
NEW YORK (sec also Clearing-house associations):
Rates for money in
Specie held by national banks i n, at date of each report since January 13,1914
N E W YORK CLEARING HOUSE.
Page.
9>
"
294
(See Clearing-house associations.)
OFFICE OF THE COMPTROLLER OF THE CURRENCY (see also National bank examiners):
Absorption of
17
Clerks, list of
201
Comptrollers,list of
201
Deputy comptrollers, list of
201
Effect on remedial activities of the comptroller
20
Expenses of, year ended June 30,1923
119
Injustice of national banks
23
Legal complications
22
No duplication involved
21
Present cordial relations between, and Federal reserve banks
22
Itcductio ad absurdum
23
Regulations of the Comptroller of the Currency relating to establishment of additional offices
of national banks
133
.Responsibility of the comptroller
23
Violations of fundamental principle of trusteeship
19
ORGANIZATION OF NATIONAL BANKS:
And liquidation of
81
Charters granted year ended October 31, 1923
81
Conversions of State banks and primary organizations as national banks since 1900, number and
capital of
213
Tn each Stale; consolidated under act of November 7, J918; insolvent; in liquidation and in operation October 31,1923, number of
215
Number and authorized capital, years ended October 3L since 1913
214
Number and authorized capita], in each State, October 31,1923
222
Number, capital, and titles of, in each State, year ended October 3], 1923
217
Number and capital of, chartered in each month, year ended October 3!, 1923
223
Number of banks organized since February 25, LS63; number passed out of the system and number in operation October 31,1923
Hi,204
State banks, number and capital of, converted in each State and Territory, from 1S63 to October
31, 1923
213
OVEHDRAFTS. (Sec National banks.)
PAPER CURRENCY. (See Cash in banks; Fodoral reserve bank notes: Federal reserve notes: Money
in the United States; National bank circulation.)
PER- CAPITA:
Deposits in savings banks in foreign countries
Mon«y in the United States
Money in the principal countries of the world
144
124
132
PLATES—FEDERAL RESERVE AND NATIONAL BANK CURRENCY:
Assessments on national banks for cost of, from 1SN3 to 1923
Cost of Federal reserve and national bank, year ended June 30,1923
233
149
POPULATION:
Foreign countries (various dates)
United States, by States (approximate), June, 1923
POSTAL SAVINGS BANKS (see also United States Postal Savings System):
Foreign
PRIVATE BANKS. (See Banks other than national.)
RATES FOR MONEY IN N E W Y O R K .
145
114
145
(See New York.)
RECEIVERS OF NATIONAL BANKS. (See Failure of national banks.)
REDEMPTIONS. (See Federal reserve bank notes; Federal reserve notes: National bank circulation.)
REPORTS OF CONDITION OF NATIONAL BANKS:
By States and reserve cities for each report, year ended September 14,1923
Combined, for each report from January 13,3914, to September 14,1923
Dates of, 1914-1923
RESERVE CITIES (see also National banks):
Names of
RESERVE DISTRICTS. (See Earnings, expenses, and dividends of national banks: National banks.)
319
306
252
35
RESERVE OF NATIONAL BANKS WITH FEDERAL RESERVE BANKS:
A mount of, a t date of each report during year
At date of each report during year
At date of each report, September 11,1917, to September 14,1923
Changes in, since June 30,1919
Classification of, by reserve cities and States, at date of each report during year
Reference
to, (luring yoar
437
27,296,297
2%
42
297
25
5
523
itnsouRCES OF NATIONAL BANKS. (Sec National banks.)
SAVINGS BANKS. (See Banks other than national.)
SCHOOL SAVINGS BANKS. (See Banks oiher than national.)
SHAREHOLDERS OF NATIONAL BANKS.
Page.
(See Failure of national banks.)
SILVER. (See Cash in banks; Exports and imports; Money in the United stales.)
SPECIE. (See Cash in banks; Money in the United .States.)
STATE (COMMERCIAL) BANKS. (See Banks other than national.)
STATE BANK FAILI'RKS. (See Banks other than national.)
•STERLING EXCHANGE.
(See New York.)
STOCKS. (See Investments of national banks.)
STOCK OF MONEY. (.Sec Money in the United States.)
.STOCK SAVINGS BANKS. (.Sec Banks other than national.)
SURPLUS (see also Banks other than national; Federal reserve banks; National and all other reporting banks; National banks):
Relation of, and capital and profits, to individual deposits of national banks, date of fall report,
1917-192-'?
Relation of, and prottts of national banks to aggregate resources, 1915-1923
TAXES.
G6
G7
(See Assessments.)
TITLE OF NATIONAL BANKS. (See Changes of title of national banks: Consolidation of national banks;
Organization of national banks.)
TRUST COMPANIES. (See Banks other than national.)
UNIT BANKS:
Service of
10
"UNITED STATES BONDS (see also Interest-bearing debt of the United State.-; National bank circulation: United States Government securities owned by national banks):
Amount deposited to secure national bank circulation, first day of each month, January, 1914,
to November. 1923
."
204
Deposited monthly by national banks chartered and those increasing circulation, year ended
October 31, 1923
".
85
Description of,deposited to secure national bank circulation, years ended Ociober 31. J900 to 1923 224
Eligible as security for national bank circulation
S3
Failed national banks, held by. to secure circulating notes, and amount realized from sale of
73
Held by national banks,.) une 30, 1923
46
Investment value of
227
Month! y ran fro of prices of. i n. New York, Novo mbor. 1921. i o Oel ober 31,1923
227
Withdrawn monthly by national banks in insolvency, in liquidation and those reducing circulation, year ended October 31,1923
S5
Withdrawn monthly by Federal reserve banks reducing circulation, year ended October 31,1923.. S
O
UNITED STATES CERTIFICATES OF INDEBTEDNESS. (See I'nited Stales Covenimcnt securities owned
by national banks.)
UNITED STATES GOVERNMENT SECURITIES OWNED BY NATIONAL BANKS (tee also Banks other than
national; Interest-bearing debt of the United States; National and all other reporting banks):
A t date of each report duririg year
At date of midsummer report, 1922-23
Changes in, since June 30, 1919
Classification of, .Time 30, 1923, in citios and Si ales
I n each Federal reserve district at da to of each report d uring year
In each State, September 11, 1923
Porcontago of, to aggrogate resources, 1915-1923
Reference to, during the year
27
4>
"
11
42
137
31
1)7
28
UNITED STATES POSTAL SAVINGS SYSTEM:
Comparison of resources of, June 30, .1922-23
Summary of business of, by Slates, fiscal year ended June 30, 1923
VICTORY NOTES. (See United States Government securities owned by national banks.)
VIOLATIONS OF LAW. (See Criminal violations of law.)
VOLUNTARY LIQUIDATION OK NATIONAL BANKS. (SH Capiml stock of n:u ionnl banks: Liquidation of
national banks.)
ADDITIONAL COP IKS
OF THIS PUBLICATION MAY HE PROCURED FROM
THE SUPERINTENDENT OF DOCUMENTS
GOVERNMENT PRINTING OFFICE
WASHINGTON, D. C.
AT
7.-) CENTS P E R COPY
V
138
Ml
@FedFRASER