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 JANUARY 3, 1933 UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON: 1934 For sale by the Superintendent of Documents, Washington, D.C. Price $1.25 (Cloth) TREASURY DEPARTMENT Document No. 3062 Comptroller of the Currency CONTENTS Page Submission of the report Discussion of conditions incident to the banking holiday Speeches, reference to Legislation recommended National banks in the trust field: Statement relative to Fiduciary activities of, during year ended June 30, 1933, segregated according to capital Fiduciary activities of, during year ended June 30, 1933, segregated according to population of places in which banks were located Fiduciary activities of, by Federal Reserve districts, June 30, 1933 Classification of investments in living and court trust accounts under administration by the active national-bank trust departments, on June 30, 1933, segregated according to capital of banks and population of places in which banks were located Classification of investments in living and court trust accounts under administration by the active national-bank branches with trust departments on June 30, 1933, segregated according to population of places in which branches were located Fiduciary activities of branches of national banks during year ended June 30, 1933, segregated according to population of places in which branches were located National-bank failures: Statement relative to c_ Receiverships, year ended October 31, 1933 Receiverships, 1865-1933 Active receiverships as of October 31, 1933 Receiverships terminated, 1865-1933 Receiverships terminated, year ended October 31, 1933 Financial operations of division of insolvent national banks from October 1, 1932, to September 30, 1933 Summary showing progress and results of liquidation of all national banks placed in charge of receivers from 1865 to October 31, 1933-_ Capital, date of appointment of receiver, and percent of dividends paid by insolvent national banks, the affairs of which were closed or restored to solvency during year ended October 31, 1933 State bank failures in the District of Columbia, year ended October 31, 1933 Organization and liquidation of national banks, year ended October 31, 1933, and since establishment of system Branches of national banks: Statement relative to Number and kind of branches on February 25, 1927, and number and manner of acquisition of additional branches, by years to close of October 31, 1933 Number and kind of branches authorized and closed during year ended October 31, 1933 Number and manner of acquisition of domestic branches during year ended October 31, 1933, by States Number and class of domestic branches closed during year ended October 31, 1933, by States National-bank circulation: Statement relative to Statement of capital stock of national banks, national-bank notes, and Federal Reserve bank notes outstanding, bonds on deposit, etc., July 1, 1933 Bond transactions relative to, year ended October 31, 1933 in 1 1-8 8 8-16 17, 18 19, 20 21-23 24 25 26 26-28 29, 30 30, 31 31, 32 32, 33 33, 34 34, 35 35, 36 36 37, 38 38, 39 40, 41 41, 42 42 42 43, 44 44, 45 46 46, 47 47, 48 IV CONTENTS Page Redemption of National and Federal Reserve bank circulation, year ended June 30, 1933 . 48, 49 Condition of national banks at date of each call during year ended October 31, 1933 L 49 Principal items of assets and liabilities of national banks, October 25, 1933_ 50, 5 ! National-bank liabilities on account of bills payable and rediscounts at date of each call during year ended October 31,1933 52 Loans and discounts of national banks: Classification of, June 30, 1931, 1932, and 1933 53 Classification of, by reserve cities and States, June 30, 1933 54—57 Comparative statement of, as of June 30, for the last 3 years, in central reserve and other reserve cities, all reserve cities and elsewhere 58 Comparative changes in demand and time deposits, loans and discounts, United States Government and other bonds and securities owned, and the amount of reserve of national banks with Federal Reserve banks since June 30, 1929 58 United States Government securities owned by licensed national banks: Classification of, by reserve cities and States, June 30, 1933 59, 60 Investments of national banks: ComDarison of, June 30, 1931, 1932, and 1933 61 United States Government, domestic, and foreign bonds, securities, etc., owned by licensed national banks: Classification of, by reserve cities and States, June 30, 1933 62-65 Earnings and dividends of national banks: Comparison of, years ended June 30, 1932 and 1933 66, 67 Abstract of reports of— By reserve cities and States, year ended June 30, 1933 68-79 By Federal reserve districts, year ended June 30, 1933 80, 81 National-bank investments in United States Government and other bonds and securities, etc., loans and discounts, and losses charged off on account of bonds and securities owned and loans and discounts, years ended June 30, 1918 to 1933 „ 82 Number of national banks, capital, surplus, net addition to profits, dividends, and percentage ratios, years ended June 30, 1914 to 1933 82 National banks classified according to capital stock, December 31, 1932: Number, loans and discounts, bonds and securities owned, tctal assets, capital, surplus and undivided profits, and total deposits of 83 Federal Reserve banks: Assets and liabilities of the 12 Federal Reserve banks combined, as of the last weekly statement date in October 1931 to October 1933.. 83 Principal assets and liabilities of the 12 Federal Reserve banks combined, on the last weekly statement date in each month, from January 1931 to October 1933 84 New York Clearing House: Statement relative to transactions of, year ended September 30, 1933 _ _ 84 Clearing-house associations in the 12 Federal Reserve bank cities and elsewhere: Statement relative to transactions of, year ended September 30, 1933 '_ 85 All reporting licensed banks, June 30, 1933: Summary of reports of condition of, by classes of banks 85-88 Assets and liabilities of, by States 89-97 Assets and liabilities of, June 30, 1929 to 1933 98 Principal items of assets and liabilities of, in the continental United States, as compared with similar data for member banks of the Federal Reserve system 98 Per capita demand and time and savings deposits, by States 99,100 Savings deposits and depositors, according to class of banks, by States__ 101-107 National banks, assets and liabilities of, June 30, 1929 to 1933 108 CONTENTS Banks other than national: List of officials of State banking departments and number of each class of licensed banks under their supervision in June 1933, from which reports of condition were received 108-110 Assets and liabilities of, June 30, 1929 to 1933 111 State (commercial), assets and liabilities of, June 30, 1929 to 1933___ 112 Loan and trust companies, assets and liabilities of, June 30, 1929 to 1933 113 Stock savings— Assets and liabilities of, June 30, 1929 to 1933 114 Number of savings depositors, amount of savings deposits, and average deposit account, by States, June 30, 1932 and 1933 115 Mutual savings— Assets and liabilities of, June 30, 1929 to 1933 116 Number of savings depositors, amount of savings deposits, and average deposit account, by States, June 30, 1932 and 1933 117 Stock and mutual savings, number of savings depositors, amount of savings deposits, and average amount due each depositor, June 30, 1914 to 1933 118 Private, assets and liabilities of, June 30, 1929 to 1933 119 Banks in District of Columbia: Assets and liabilities of, by classes, June 30, 1933 120, 121 Assets and liabilities of national banks in^June 30, 1929 to 1933 122 Assets and liabilities of loan and trust companies in, June 30, 1929 to 1933 122, 123 Assets and liabilities of savings and State banks in, June 30, 1929 to 1933 123 Earnings and dividends of, other than national, 6-month periods ended December 31, 1932, and June 30, 1933, and comparison of, in years ended June 30, 1932 and 1933 124,125 Building and loan associations in the District of Columbia— Statement relative to 125, 126 Number of, loans, installments on shares, and total assets, years ended June 30, 1914 to 1933 126 Credit Unions in the District of Columbia 126, 127 Building and loan associations in the United States: Statistics relative to, by States, year ended 1932 128 Mortgage loan investments held by, in 1931 and 1932, by States 129 Failures of, each year, 1920 to 1932 130 Money in the United States: Stock of, years ended June 30, 1914 to 1933 130 Imports and exports of merchandise, gold and silver, calendar years 1914 to 1932, and from January 1 to September 30, 1933 131 Federal land banks, condition of, September 30, 1933 132 Joint-stock land banks, condition of, September 30, 1933 133 Federal intermediate credit banks, condition of, September 30, 1933 134 Pacific National Agricultural Credit Corporation, statement of assets and liabilities of, October 25, 1933 134, 135 United States Postal Savings System: Statistics relative to activities of, years ended June 30, 1932 and 1933 135-139 School savings banking: Statistics relative to, in each State, in school years 1931-32 and 1932-33, and summary each school year since 1919-20 140, 141 Expenses of the Currency Bureau: Summary of, in the fiscal year ended June 30, 1933 141, 142 VI CONTENTS APPENDIX TABLES Page No. 1. Comptrollers and Deputy Comptrollers of the Currency 145 No. 2. Names and compensation of officers and clerks in the Office of the Comptroller of the Currency, October 31, 1933 145-147 No. 3. Number of national banks organized since February 25, 1863, number passed out of the system, and number in existence October 31, 1933 147 No. 4. Authorized capital stock of national banks on the first day of each month from January 1929 to November 1933, United States bonds on deposit to secure circulation, circulation secured by bonds on deposit, the amount of lawful money on deposit to redeem circulation, and national-bank notes outstanding 148 No. 5. National banks reported in liquidation from November 1, 1932, to October 31, 1933, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital-_ 149-152 No. 6. Capital stock, surplus, undivided profits, and total assets of banks consolidated under act of November 7, 1918, as amended February 25, 1927, and June 16,1933, for the year ended October 31, 1933, as shown by their last reports prior to consolidation 153, 154 No. 7. National banks consolidated under act of November 7, 1918, as amended June 16, 1933, capital, surplus, undivided profits, and total assets, year ended October 31, 1933 155 No. 8. State banks and national banks consolidated under act of February 25, 1927, as amended June 16, 1933, their consolidated capital, surplus, undivided profits, and total assets, year ended October 31, 1933 156 No. 9. Number and capital of State banks converted into national banking associations in each State and Territory from 1863 to Octo157 ber 31, 1933 No. 10. Conversions of State banks and primary organizations as national banks from March 14, 1900, to October 31, 1933 157 No. 11. Number of national banks increasing their capital, together with the amount of increase monthly for years ended October 31, since 1928 157, 158 No. 12. Number and authorized capital of national banks chartered and number and capital stock of banks closed in each year ended October 31, since 1913, with the yearly increase or decrease 158 No. 13. Total number of national banks organized, consolidated under act of November 7, 1918, as amended June 16, 1933, insolvent, in voluntary liquidation, and in existence on October 31, 1933 159 No. 14. Changes of corporate title of national banks, year ended October 31, 1933 160 No. 15. Changes of corporate title incident to consolidations of national banks and of State banks with national banks, year ended October 31, 1933 160 No. 16. National banks chartered during year ended October 31, 1933_ 160-165 No. 17. National banks for which increase of capital was authorized, under act Mar. 9, 1933, as amended, by the issuance of preferred stock, together with amount of increase and rate of dividend, etc., to close of business December 31, 1933 165-171 No. 18. National banks chartered which are conversions of State banks during year ended October 31, 1933 171 No. 19. National banks, by States and geographical divisions, organized, failed, and reported in voluntary liquidation during year ended October 31, 1933 172, 173 No. 20. Number and classification of national banks chartered monthly during year ended October 31, 1933 174 No. 21. Principal items of assets and liabilities of national banks, classified according to capital stock, December 31, 1932 174-181 No. 22. United States bonds on deposit to secure circulating notes of national banks on October 31, 1910 to 1933 182, 183 No. 23. Profit on national-bank-note circulation, based upon a deposit of $100,000 United States consols of 1930, and Panama Canal loan, at the average net price, monthly, during year ended October 31, 1933 184 CONTENTS VII Page No. 24. Investment value of United States bonds—Panama Canal loans, and 2's of 1930 185 No. 25. United States bonds (circulation)—monthly range of prices in New York, November 1932 to October 1933 185 No. 26. National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October 31, each year, 1931 to 1933 186 No. 27. National-bank currency issued to banks monthly from November 1, 1932, to October 31, 1933, and since 1863 187 No. 28. National-bank notes received monthly for redemption during year ended October 31, 1933 187 No. 29. National-bank notes received at Currency Bureau and destroyed since establishment of the system 188 No. 30. National-bank notes issued during each year 1914 to 1933, national-bank notes of active, insolvent, and liquidated banks destroyed, total destructions for each year, and percentage of destructions to issues 188 No. 31. Amount, denomination, and cost of national-bank currency received from Bureau of Engraving and Printing, year ended October 31, 1933 189 No. 32. Vault account of currency received and issued by Currency Bureau during the year, and the amount on hand October 31, 1933 189 No. 33. Vault account of currency received and destroyed during year ended October 31, 1933 189 No. 34. Amount of currency received for redemption, by months, from July 1, 1932, to June 30, 1933, and counted into cash of the National Bank Redemption Agency 189 No. 35. Amount of currency received by National Bank Redemption Agency for redemption in year ended June 30, 1933, from principal cities 190 No. 36. Cost of redemption of national-bank notes during the year ended June 30, 1933 190 No. 37. Classification of Federal Reserve currency redemptions, the amount redeemed, number of notes, cost of redemption per 1,000 notes, and amount assessed upon Federal Reserve banks, year ended June 30, 1933 190, 191 No. 38. Taxes assessed on national-bank circulation, years ended June 30, 1864 to 1933; cost of redemption, 1874 to 1933; and assessments for cost of plates, etc., 1883 to 1933 191 No. 39. Federal Reserve notes outstanding according to weekly statements (amount issued by Federal Reserve agents to Federal Reserve banks less notes redeemed), and collateral security therefor, from November 2, 1932, to October 25, 1933 192 No. 40. Federal Reserve notes, segregated by series, printed, shipped, and canceled, issued to banks, retired, and destroyed since organization of the banks, with the balance in vaults and amount outstanding October 31, 1933___ 193-195 No. 41. Aggregate amount of Federal Reserve bank notes, old series, printed, issued, canceled, and redeemed by denominations, since the inauguration of the Federal Reserve System, and amount outstanding October 31, 1933 196 No. 41a. Aggregate amount of Federal Reserve bank notes, series 1929, printed, shipped, and on hand; issued, retired, and outstanding; received for destruction and destroyed by denominations, under the terms of section 18, Federal Reserve Act, as amended and approved March 9, 1933, during period March 9, 1933, to October 31, 1933 196, 197 No. 42. National banks in charge of receivers during year ended October 31, 1933, capital at date of organization, capital, deposits and borrowed money at date of failure, dividends paid while solvent, and circulation outstanding, etc 198-229 No. 42a. State banks in District of Columbia under supervision of the Comptroller of the Currency, in charge of receivers during year ended October 31, 1933, capital at date of organization, capital, deposits, and borrowed money at date of failure, dividends paid while solvent, etc 233 VIII CONTENTS Page No. 43. National banks in charge of receivers during year ended October 31, 1933, dates of appointment of receivers and final closing, with nominal amounts of total assets at date of failure and additional assets acquired subsequent thereto, capital stock and stock assessments, amounts collected from all sources including offsets allowed together with the disposition of such collections, and various other data indicating the progress or results of liquidation to October 31, 1933 232-319 No. 43a. State banks in District of Columbia under supervision of Comptroller of the Currency, in charge of receivers during year ended October 31, 1933, dates of appointment of receivers and final closing, with nominal amounts of total assets at date of failure and additional assets acquired subsequent thereto, capital stock and stock assessments, amounts collected from all sources including offsets allowed together with the disposition of such collections, and various other data indicating the progress or results of liquidation to October 31, 1933 320, 321 No. 44. National banks restored to solvency after having been placed in charge of receivers 322, 323 No. 45. National banks restored to solvency which subsequently became insolvent „ 323 No. 46. Dividends paid to creditors of insolvent national banks and Washington, D.C., State banks under the supervision of the Comptroller of the Currency, during the year ended October 31, 1933 324-336 No. 47. National banks placed in charge of receivers the affairs of which have been closed, by years, from April 14, 1865, to October 31, 1933, with amounts of total nominal assets, capital stock, circulation outstanding and total deposits at date of failure, together with various data indicating the results of liquidation, for those receiverships closed through liquidation 337-341 No. 48. National banks placed in charge of receivers the affairs of which have been closed, by States, from April 14, 1865, to October 31, 1933, with amounts of total nominal assets, capital stock, circulation outstanding and total deposits at date of failure, together with various data indicating the results of liquidation, for those receiverships closed through'liquidation 342-345 No. 49. National banks unlicensed as of March 16, 1933, subsequently disposed of without the appointments of conservators, with capital at date of organization, capital, assets, deposits and borrowed money as of December 31, 1932, dates of appointments of receivers and licenses issued under the bank holiday, including data as to banks otherwise in liquidation, and amount of deposits released through reorganizations and sales of assets to December 31, 1933 346-359 No. 50. National banks unlicensed as of March 16, 1933, subsequently placed in charge of conservators to December 31, 1933, capital at date of organization, capital, assets, deposits, and borrowed money as indicated by conservators' first reports, dates of appointments of receivers, and conservators and licenses issued under the bank holiday, including data as to banks otherwise in liquidation, and amount of deposits released through reorganizations and sales of assets to December 31, 1933 360-401 No. 50a. Washington, D.C., State banks unlicensed as of March 16, 1933, subsequently placed in charge of conservators to December 31, 1933, capital at date of organization, capital, assets, deposits, and borrowed money as indicated by conservators' first reports, dates of appointments of receivers and conservators, and amount of deposits released through reorganizations and sales of assets to December 31, 1933 402 No. 51. Dates of reports of condition of national banks from 1914 to 1933_ 403 No. 52. Condition of foreign branches of National City Bank and Chase National Bank, of New York, N.Y., First National Bank of Boston, Mass., and Bank of America National Trust and Savings Association of San Francisco, Calif., on June 30,1933 _ 404-409 CONTENTS IX Page No. 53. Number, capital stock, circulation outstanding, and total assets of national banks at date of each report from April 6, 1925, to October 25, 1933, money in the United States on June 30 each year, etc 410 No. 54. Abstract of reports of condition of licensed national banks in the central reserve cities of New York and Chicago, in other reserve cities, and elsewhere, at close of business October 25, 1933 411 No. 55. Abstract of reports of condition of licensed national banks in central reserve and other reserve cities and country banks, June 30, 1933 412 No. 56. Classification of amounts "due from" and "due t o " banks reported by licensed national banks, June 30, 1933 413-416 No. 57. Classification of demand and time deposits of licensed national banks, June 30, 1933 417-421 No. 58. Classification of bills payable and rediscounts of licensed national banks, June 30, 1933 422-424 No. 59. Classification of cash in vaults of licensed national banks, June 30, 1933 424-426 No. 60. Gold and silver coin, certificates, legal tenders, and other currency held by national banks at date of each call from April 6, 1925, to October 25, 1933 427 No. 61. Gold, etc., held by national banks in the central reserve city of New York at date of each call from April 6, 1925, to October 25, 1933 428 No. 62. Reserve computation of licensed national banks June 30, 1933_ 429-433 No. 63. Total assets and liabilities of national banks from March 1929 to October 1933 434-438 No, 64. Abstract of reports of condition of national banks, according to reserve cities and States, at date of each call during year ended October 31, 1933 439-552 No. 65. Abstract of reports of condition of licensed national banks in each Federal Reserve district, June 30, 1933 553, 554 No. 66. Abstract of reports of earnings and dividends of national banks for the period of 6 months ended December 31, 1932 555-565 No. 66a. Supplemental abstract of reports of earnings and dividends of national banks for the period of 6 months ended December 31, 1932 . 566-568 No. 67. Abstract of reports of earnings and dividends of national banks, by Federal Reserve districts, 6 months ended December 31, 1932 569,570 No. 67a. Supplemental abstract of reports of earnings and dividends of national banks, by Federal Reserve districts, 6 months ended December 31, 1932 571 No. 68. Abstract of reports of earnings and dividends of licensed national banks for the period of 6 months ended June 30, 1933 572-581 No. 69. Abstract of reports of earnings and dividends of licensed national banks, by Federal Reserve districts, 6 months ended June 30, 1933 582,583 No. 70. Abstract of reports of savings and State banks in the District of Columbia at date of each call during year ended October 31, 1933 584 No. 71. Abstract of reports of loan and trust companies in the District of Columbia at date of each call during year ended October 31, 1933 585 No. 72. Principal items of assets and liabilities of each licensed savings and State bank in the District of Columbia, October 25, 1933__ 586 No. 73. Principal items of assets and liabilities of each licensed loan and trust company in the District of Columbia, October 25, 1933-_ 587 No. 74. Principal items of assets and liabilities of savings and State banks in the District of Columbia on or about October 1, 1914 to 1933_ 588 No. 75. Principal items of assets and liabilities of loan and trust companies in the District of Columbia on or about October 1, 1914 to 1933 588 No. 76. Individual statements of assets and liabilities of the 28 building and loan associations in the District of Columbia on or about June 30, 1933 589,590 X CONTENTS Page No. 77. Summary of assets and liabilities, receipts, and disbursements of building and loan associations in the District of Columbia for the 6 months' period ended on or about December 31, 1932 591 No. 78. Summary of assets and liabilities, receipts, and disbursements of building and loan associations in the District of Columbia for the 6 months' period ended on or about June 30, 1933 591, 592 No. 79. Individual statements of assets and liabilities of the 14 credit unions in the District of Columbia on or about June 30, 1933 592, 593 No. 80. Summary of assets and liabilities, receipts, and disbursements of credit unions in the District of Columbia, June 30, 1933 593 No. 81. Abstract of assets and liabilities of licensed State (commercial) banks June 30, 1933 594-601 No. 82. Abstract of assets and liabilities of licensed loan and trust companies June 30, 1933 L__ 602-609 No. 83. Abstract of assets and liabilities of licensed stock savings banks June 30, 1933 610-613 No. 84. Abstract of assets and liabilities of licensed mutual savings banks June 30, 1933 614-617 Nc. 85. Abstract of assets and liabilities of licensed private banks June 30, 1933 618-621 No. 86. Abstract of assets and liabilities of licensed State (commercial), savings and private banks, and loan and trust companies June 30, 1933 622-629 No. 87. Abstract of assets and liabilities of licensed national banks June 30, 1933 630-637 No. 88. Gold, silver, etc., held by banks other than national, June 1914 to 1933 638 No. 89. Abstract of assets and liabilities of all reporting State and private banks on or about June 30, each year, 1914 to 1933 639 No. 90. Abstract of assets and liabilities of all reporting national banks on or about, June 30, each year, 1914 to 1933 640 No. 91. Abstract of assets and liabilities of all reporting banks on or about June 30, each year, 1914 to 1933 641 No. 92. Statement of the transactions of the New York Clearing House for 80 years, and separately for each year, 1914 to 1933, the number of banks, aggregate capital, clearings, balances, average of daily clearings and balances, and the percentage of balances to clearings 642 No. 93. Comparative statement for 1933 and 1932 of transactions of the New York Clearing House, showing decrease in aggregate clearings and balances 642 No. 94. Exchanges, balances, percentages of balances to exchanges, and percentages of funds used in settlement of balances by the New York Clearing House in each year from 1914 to 1933 643 No. 95. Comparative statement of exchanges of clearing houses of the United States for years ended September 30, 1933 and 1932. _ 643-646 No. 96. Comparative statement of transactions of clearing house associations in the 12 Federal Reserve bank cities and in other cities with transactions of $1,000,000,000 and over in years ended September 30, 1933 and 1932 647 No. 97. Number, capital, deposits, and total assets of licensed and unlicensed national banks, by Federal Reserve districts, March 16, June 30, October 25, and December 30, 1933 647-654 No. 98. Bank suspensions, by States, in the 6 months ended December 31, 1932 655,656 No. 99. Bank suspensions, by States, January 1 to March 15, 1933 657, 658 No. 100. Bank suspensions, by States, July 1,1932 to March 15,1933___ 659,660 No. 101. Bank suspensions, 1864 to 1933 661 No. 102. Banks suspended and nonlicensed banks placed in liquidation or receivership January 1 to December 31, 1933, and nonlicensed banks on selected dates in 1933 662,663 TABLE K. Statements of assets and liabilities of the individual licensed national banks (States, Territories, and towns arranged alphabetically) at close of business December 30, 1933. (Omitted from this report and published as a separate table.) REPORT OF THE COMPTROLLER OF THE CURRENCY TREASURY DEPARTMENT, OFFICE OF THE COMPTROLLER OF THE CURRENCY, Washington, January S, 1934SIR: I have the honor to submit the following report in accordance with the provisions of section 333 of the United States Revised Statutes, covering the activities of the Currency Bureau in the year ended October 31, 1933. This Bureau was organized under an act of Congress passed February 25, 1863. This is the seventy-first report made to Congress since the organization of the Bureau. The period covered by this report was one of the most eventful in American history. It witnessed disturbances which seriously threatened complete collapse of the banking system of the Nation. Crises had developed in several States, but the storm broke most menacingly in the State of Michigan. Governor William A. Comstock issued his proclamation on February 13, 1933, which closed all the banks in that State. Fear spread among depositors and heavy withdrawals occurred everywhere. The huge sum of $1,630,000,000 was withdrawn in cash. These events occurred just before a change in the National Administration. Prompt and courageous action was imperatively necessary to meet this great national crisis. The President, early on the morning of March 6, issued his proclamation that all banking institutions and branches thereof located in the United States, including the territorial and insular possessions, maintain a bank holiday for the 4-day period from March 6 to March 9, inclusive. On March 9, 1933, the day of the expiration of the temporary banking holiday, existing by virtue of the proclamation by the President, a message was directed to Congress by the President requesting immediate enactment of legislation giving the executive branch of the Government control over banks for the protection of depositors and for further authority necessary to the reorganization and reopening of such banks. In accordance with the request of the President, Congress passed, without a dissenting vote, an act as of March 9, known as the "Emergency Banking Act" and entitled "An act to provide relief in the existing national emergency in banking, and for other purposes." On the same day, immediately subsequent to the passage of this act, and in accordance with authority extended thereby, the President issued a second proclamation continuing in full force and effect the regulations and orders incorporated in the first proclamation of March 6, thereby indefinitely extending the bank holiday. On March 11, 1933, the President announced that a definite program had been adopted for the reopening of banks and that in accord- 2 REPORT OF THE COMPTROLLER OF THE CURRENCY ance therewith banks throughout the country would be reopened progressively on the 13th, 14th, and 15th days of March. The plan of reopening, as further detailed by the announcement thereof, provided that eligible banks would receive licenses to open from the Secretary of the Treasury, such licenses to be granted effective Monday, March 13, for both national and State bank members of the Federal Reserve System located in each of the 12 Federal Reserve bank cities; effective, Tuesday, March 14, for banks located in the 250 cities of the country having active recognized clearing-house associations; and effective Wednesday, March \15, for all banks located elsewhere. With reference to nonmember State banks, the President, in his Executive order of March 10, 1933, said: The appropriate authority having immediate supervision of banking institutions in each State or any place subject to the jurisdiction of the United States is authorized and empowered under such regulations as such authority may prescribe to permit any banking institution in such State or place, other than banking institutions covered by the foregoing paragraph, to perform any or all of their usual banking functions, except as otherwise prohibited. Licenses were issued by the Secretary of the Treasury to State member banks upon the recommendation of the Federal Reserve banks and to national banks upon the recommendation of the Federal Reserve banks, the Comptroller of the Currency and his examiners. There were 5,916 active national banks which suspended ordinary banking operations in accordance with the President's proclamation. Under the plan for reopening the banks, as announced by the President, 4,510 national banks, with deposits of $16,222,583,000, based on the December 31, 1932, call for reports of condition, were licensed to reopen during the 3 days, March 13, 14, and 15, and 6 banks with deposits of $8,246,934 were placed in charge of receivers or otherwise liquidated during the banking holiday, leaving 1,400 national banks unlicensed as of March 16, 1933, with deposits of $1,940,495,230.* The Emergency Banking Act of March 9 also extended, under title II cited as the "Bank Conservation Act", authority to the Comptroller of the Currency, whenever such action should be deemed necessary by him for the purpose of conserving the assets of such banks for the benefit of depositors, to appoint conservators for national banks and banks operating under his supervision. Such conservators, vested generally with the rights, powers, and privileges of national bank receivers would be required to take possession of the assets and records of the banks under the direction of the Comptroller and to thereafter take such action as might be necessary to conserve such assets pending further disposition thereof as provided by law. Under authority granted by title II of the Emergency Banking Act the Comptroller placed 1,105 banks in conservatorship to December 31, 1933. Of the total 1,105 banks so placed in conservatorship, 1,088 were among the 1,400 national banks unlicensed on March 16, while the additional 17 appointments were for 10 State banks in Washington, D.C., 5 banks for which licenses were granted prior to March 16 but later revoked, 1 bank for which license was granted after March 16 but later revoked, and 1 bank which suspended business prior to the banking holiday. The remaining 312 of the unlicensed national banks on March 16 were either licensed without the appointments of conservators, placed in receivership, or otherwise went into liquidation.1 i Figures in this paragraph have been revised since published in text edition of report. EEPORT OF THE COMPTROLLER OF THE CURRENCY O In addition to the 1,400 national banks unlicensed on March 16, conservators were appointed for 7 other national banks as outlined in the paragraph above, making a total of 1,407 national banks the affairs of which had not been definitely and finally disposed of on March 16. Total deposits of these 1,407 national banks, based upon the December 31, 1932, call report as to the 312 banks subsequently disposed of without the appointments of conservators, and upon conservators' first report figures for the 1,095 conservator banks, totaled $1,959,467,250. In connection with the disposition of these banks and the deposits thereof it is found that as of December 31, 1933, 489 with deposits of $562,806,477 had been licensed, 336 with deposits of $789,633,608 placed in receivership, 452 with deposits of $425,278,830 were still unlicensed, and 130 with deposits of $181,748,335 were otherwise in liquidation. Total deposits made available to creditors of the 1,407 banks to December 31, 1933, through the licensing and reopening of such banks or the formation of new banks and the sale, at par value plus accrued interest, of assets to and assumption of liability by such banks, amounted to approximately $745,199,000. Of such deposits released $512,471,000 had been made available to creditors of the 489 licensed banks, $109,323,000 to creditors of the 336 banks placed in receivership and $123,405,000 to creditors of the 130 banks otherwise in liquidation. There has been released through distributions by conservators and receivers, in addition to the above amount of $745,199,000, approximately $230,000,000, leaving tied up approximately $984,268,250. Of the remaining 452 unlicensed national banks, 342 with frozen deposits of $331,852,000, based on the October 25, 1933, call, had approved plans for reorganization1 and 110 with frozen deposits of $68,582,000 had disapproved plans. While the approval of a plan of reorganization does not complete the work involved in these cases, I feel that the major problem of the unlicensed banks from a reorganization standpoint has been largely solved. This accomplishment has only been possible through the intelligent hard work of the employees of the Comptroller's office in Washington and in the field, the cooperation of the Federal Keserve banks, and the aid rendered by the Reconstruction Finance Corporation. There is another phase of banking which is now having the active attention of the Comptroller's office—the strengthening of the capital structure of national banks by new capital through the purchase by the Reconstruction Finance Corporation of preferred stock. I am confident that with an extension of the powers of the Reconstruction Finance Corporation and a completion of the present policy in this direction the national banking system will be on a firm basis. Under the provisions of the Banking Act of 1933, the Comptroller of the Currency was named an ex-officio member of the Federal Deposit Insurance Corporation Board. The President appointed the two other members: Hon. Walter J. Cummings, of Chicago, and Hon. E. G. Bennett, of Ogden, Utah, and on September 11, 1933, they took their oath. During the interim between the passage of the law and the organization of the Board, I felt it necessary to lay the foundation for the organization of the corporation in view of the fact that it would be necessary to examine over 8,000 State institutions before January 1, 1934. These activities were reported to the directors of Figures in this paragraph have been revised since published in text edition of report. Digitized for iFRASER 4 REPORT OF THE COMPTROLLER OF THE CURRENCY the Federal Deposit Insurance Corporation at their first meeting held on September 11, 1933. I am taking the liberty of quoting from the report: The Comptroller first prepared a chart outlining the divisions of the insurance corporation in order to call the attention of the bankers to the various activities which would be under the direction of the Board and to give to the public an idea of its general operation as well as to create a definite picture of the problems with which the directors would be confronted. After a conference with the President the early part of July, the President sent a letter to the governors of each of the States calling attention to the provisions of the Banking Act of 1933. The letter was as follows: " My DEAR GOVERNOR: YOU have no doubt given serious consideration to the provisions of the Glass-Steagall bill, known as the ' Banking Act of 1933,' which was approved by me on June 16, 1933. " This act contains far-reaching provisions with reference to State banks. In a very short time, to wit, January 1, 1934, certain State banks which secure a certificate of solvency from the proper State banking authority and which after examination are found satisfactory to the Federal Deposit Insurance Corporation will be admitted to the benefits of the insurance fund. " In order that State banks may receive the ultimate benefits of the act, it will be necessary in many States for additional legislation; in others, amendments to existing laws, and in others, constitutional changes. You will appreciate the necessity of immediate action in order that the benefits of this act will be as widely distributed as possible. "May I suggest to you that you call together representatives of your State banking department, together with leading State bankers, to discuss with you the necessary legislative changes or constitutional amendments to bring about the desired effect. " I call your particular attention to the following paragraph of the Banking Act of 1933, which is found under subsection (y) of section 8 (last paragraph), which reads as follows: " I t is not the purpose of this section to discriminate, in any manner, against State nonmember, and in favor, of national or member banks; but the purpose is to provide all banks with the same opportunity to obtain and enjoy the benefits of this title. No bank shall be discriminated against because its capital stock is less than the amount required for eligibility for admission into the Federal Reserve System.' " Thanking you for your prompt consideration of this matter, I beg to remain President." With the permission of the President the Comptroller sent a letter to the governors asking to be advised as to the action taken in accordance with the President's letter. The letter was as follows: •" My DEAR GOVERNOR: The President has handed me your letter of . If it is not too much trouble, would you let me have the following information for my permanent files in connection with the Federal Deposit Insurance Cor, poration created under the Glass-Steagall bill: " (1) Date of conference called by you as suggested in the President's letter of Julv 6th. (2) Names and addresses of those who participated in the conference. " (3) Action, if any, taken by the conference. " (4) Any suggestions the conference had to make which should be considered by the directors of the Federal Deposit Insurance Corporation when organized. " (5) The total number of State banks in your State. " (6) The number of State banks closed in your State. " (7) The number of closed State banks in your State which may possibly be reopened. "(8) The number of State banks in receivership in your State which have no chance of being reopened. " (9) If two or more State banks desire to consolidate in your State, what percentage of stock must favor the merger? " The new corporation will shortly be perfected, and I should like very much to have this information to lay before the new board. "Very cordially yours, " J . F. T. O'CONNOR, Comptroller." REPORT OF THE COMPTROLLER OE- THE CURRENCY S The replies to these letters have been kept in the temporary Federal Deposit Insurance Corporation files in the Comptroller's office. The Comptroller wrote a letter on July 26, 1933, to the State banking commissioner of each State asking for some 10 to 30 or 40 names for each State of competent men to examine State banks, the number depending on the size of the State and the number of banks therein. A similar letter was sent to the leading Members of the United States Senate asking for like information. In each case it was stated that the Board desired only the names of men experienced in banking with at least 5 years of practical work in banks. It was suggested that at least five letters from bankers as to the character, reputation, and banking experience of each applicant should be submitted. Afileof approximately 1,500 names has been built up on this basis and is in the temporary files of the Federal Deposit Insurance Corporation in the examining division of the Comptroller's office. It was the Comptroller's plan in compiling this preliminary list to have a sufficient force at hand to put men into the field at once for the purpose of making the State examinations. In preparation for the housing of the force of the Federal Deposit Insurance Corporation in Washington, the Comptroller made a thorough examination of the Commercial National Bank Building, located about a block from the Treasury Building. About sevenfloorsin this building are available for office space for the Corporation if desired. Treasury Department officials asked the Comptroller to advise when demand would be made for the $150,000,000 appropriated by the Government. The Comptroller advised the officers that only necessary organization money would be needed prior to January 1, 1934, and after that date $10,000,000 or $15,000,000 a month would no doubt be sufficient. The Comptroller was careful to state that this was a tentative suggestion as he had no authority to make any definite commitment. The Comptroller made the following recommendations to the Board: 1. That each bank applying for insurance be furnished with blank forms, to be completed by the banks, setting forth each asset under a proper heading, and also the amount of its deposit liabilities and obligations to other creditors. This will save much time and the examiner will then check the item and appraise the same. 2. That an examiner who knows the values in the particular State in which he is located be assigned with necessary assistants to each State capital to work with the Banking Commissioner. All examiners in the State would report to the State chief, who in turn, would report to Washington. In this way the work would be decentralized. 3. That the names of the banks insured and their location should be simultaneously announced by the Board. 4. That the largest banking institutions in each State be examined first. 5. That a printed copy of the Bank Act of 1933 be sent to each nonmember State bank operating on an unrestricted basis. The following is correspondence between Mr. Walter J. Cummings, chairman of the Federal Deposit Insurance Corporation, and the President, showing the status of the work on January 1, 1934: JANUARY 1, 1934. Pursuant to your request, I have the honor to submit to you a brief report of the work of the Federal Deposit Insurance Corporation. We have insured 13,423 banks. The insurance covers deposits up to $2,500 until July 1, 1934, when the permanent provisions of the Act become operative. A careful survey shows that 97 percent of the total number of depositors are insured in full. We found 141 banks ineligible for insurance. A number of them may be insured by making certain corrections. In other words, approximately 1 percent of the applying banks could not qualify. This remarkable record was due to the assistance given by the Reconstruction Finance Corporation by the purchase from banks of preferred stock and capital notes. I believe that the insuring of bank deposits will not only be of incalculable value in restoring public confidence in the Nation's financial institutions now strengthened, but that it will be of tremendous assistance in hastening the return of prosperity. It will banish the fear of the depositor as to the safety of his money and, from the banker's point of view, the elimination of the possibility of sudden and heavy withdrawals, will make possible the expansion of credit for legitimate purposes. DEAR MR. PRESIDENT: 6 REPORT OF THE COMPTROLLER OF THE CURRENCY The Federal Government has subscribed $150,000,000 to the capital of the Federal Deposit Insurance Corporation, the Federal Reserve banks have subscribed $140,000,000, and in assessments the corporation has received over $37,000,000, making a total of $327,000,000 available funds for the immediate use of the corporation. I should like to express my real appreciation of the untiring efforts and close cooperation shown by the other two directors of the corporation: Mr. J. F. T. O'Connor, Comptroller of the Currency, and Mr. E. G. Bennett. The immediate task you entrusted upon your directors has been accomplished. We now direct our efforts to the advance of a great work—protect deposits and permit banks to function as useful instruments in the recovery program. Thanking you for the opportunity to serve in this way, I am Very sincerely yours, WALTER J. CUMMINGS, Chairman. The PRESIDENT, The White House. THE WHITE HOUSE, Washington, D.C., January 1, 1984. MY DEAR MR. CUMMINGS: I congratulate you and Mr. Bennett and Mr. O'Connor because you have in these few months accomplished with complete success a gigantic task which the pessimists said could not possibly be done before January 1. That 97 percent of the bank depositors of the Nation are insured will give renewed faith. I am also happy to know of the fine cooperation given to you by the Reconstruction Finance Corporation. Very sincerely yours, FRANKLIN D. ROOSEVELT. Mr. WALTER J. CUMMINGS, Chairman, Federal Deposit Insurance Corporation. In addition to the new duties of the Comptroller as a member of the Federal Deposit Insurance Corporation Board, he was appointed to membership on two special committees created by the President, one to be known as the Deposit Liquidation Board, on October 15, 1933, which constitutes a special division of the Reconstruction Finance Corporation. The President appointed this Board for the purpose of making loans to banks closed since January 1, 1933, on their assets. The board was constituted as follows: C. B. Merriam, the head of the special board; Jesse H. Jones, chairman of the Reconstruction Finance Corporation; Dean G. Acheson, Under Secretary of the Treasury; J. F. T. O'Connor, Comptroller of the Currency; Walter J. Cummings, chairman, Federal Deposit Insurance Corporation; Lewis Douglas, Director of the Budget. "The purposes of the Deposit Liquidation Division", the President's announcement read, "will be to stimulate and encourage liquidating agents of banks closed after January 1, 1933, to borrow from the Reconstruction Finance Corporation in order that funds may be made available to depositors as quickly as possible. The general intention is to make loans on the assets of closed banks for the benefit of depositors up to a maximum of 50 percent of their deposits, inclusive of distributions heretofore made. This does not, of course, mean that in a bank whose remaining assets are worthless, the depositors will get 50 percent. They will get in such a case only their share in the remaining assets. " I t is estimated that the maximum loanable value of the assets of banks closed during the year 1933 will not exceed $1,000,000,000, and it is hoped that the distribution will approximate that amount." We have acted speedily in coming to the rescue of depositors in closed banking institutions. Between October 17, when this Board REPORT OF THE COMPTROLLER OF THE CURRENCY 7 started functioning, and January 2, 1934, the Reconstruction Finance Corporation authorized $243,119,582.97 for distribution to depositors in 496 closed banks, nearly all of which were closed after the first of the year. The President, on October 23, 1933, announced the establishment of a special Reconstruction Finance Corporation division for bank reorganization and to make recommendations for purchase by the Reconstruction Finance Corporation of preferred stock of State banks. The following members of this new division were named by the President: Harvey Couch, to be its head; Jesse Jones, chairman of the Reconstruction Finance Corporation, ex-officio; Eugene Black, Governor of the Federal Reserve Board; Dean Acheson, Under Secretary of the Treasury; Lewis Douglas, Director of the Budget; J. F. T. O'Connor, Comptroller of the Currency; Walter J. Cummings, chairman, Federal Deposit Insurance Corporation; Henry Bruere; Frank Walker. At the same time the President announced that " Governor Black is to head a subcommittee on cooperation with member banks in this same effort." The prime purpose behind the formation of this special division was to prepare State banks for eligibility in the Federal Deposit Insurance Corporation by January 1 in that the sale by them of preferred stock will strengthen their capital structure. "We hope7', President Roosevelt said, in announcing the creation of this Division, "that all banks will take advantage of this opportunity to put themselves in an easy cash position to help in the work of recovery. We need the banks and want them to have adequate capital. As a rule such capital cannot now easily be found in the communities. As recovery continues such capital will be found. But in the meanwhile and temporarily, but for such length of time as may be necessary, the Government will supply the necessary capital through the Reconstruction Finance Corporation in its purchase of preferred stock. The Reconstruction Finance Corporation will thus serve as a recovery finance corporation. "The banks must feel free to function well, and the Government will help them prepare themselves to play their important part. "To accept the Government's offer to purchase preferred stock does not mean that a bank is weak but that it is eager to cooperate in the recovery effort to the fullest possible extent and thus undertake to put this additional capital to work. We are not thinking of idle capital. We are thinking of working capital-—capital working for recovery." As a member of the Board appointed by President Roosevelt, I can say with pardonable pride that we have made a good record so far in strengthening State banks through the purchases of their preferred stocks, capital notes, and debentures by the Reconstruction Finance Corporation. From October 23, the date of creation of this division by the President, to the close of business on December 31, a total of 3,323 nonmember banks had a total of $242,100,000 approved for issue, of which amount $84,936,000 consisted of preferred stock and $157,164,000 consisted of capital notes and debentures. In addition to the above record made by the special division in such a short time, the Reconstruction Finance Corporation during the 7 months ended December 31, 1933, approved the purchase of a total of $65,336,000 in preferred stock, capital notes, and debentures in 78 31460°—34 2 8 BEPOKT OF THE COMPTROLLEK OF THE CURRENCY nonmember banks. During the same time the corporation approved 1,059 applications from member banks for a total issue of $502,930,000, of which amount $372,868,000 was in preferred stock and $130,062,000 in capital notes and debentures. Never in our history has the Federal Government done so much to aid distressed depositors in closed banks by declaring dividends from the loans made on the assets, as well as the purchase by the Government of preferred stock, capital notes, and debentures in the banks in the country. SPEECHES It was my pleasure to make the following addresses in the period from June 14, 1933, to November 25, 1933, with respect to these activities: June 14—Before the Minnesota State Bankers' Association, Minneapolis, Minn. July 19—Before a meeting of the District of Columbia Division of the Young Democratic Clubs of America held at Washington, D.C. (broadcast over a network of the National Broadcasting Co.). September 7—Before the convention of the American Bankers' Association, Chicago, 111. October 18—Before the Dallas Clearing House Association, Dallas, Tex. October 19—Before the Fort Worth Clearing House Association, Fort Worth, Tex. October 21—Before the Houston Clearing House Association, Houston, Tex. November 25—Before the semiannual meeting of group 5 of the California Bankers' Association, Los Angeles, Calif. LEGISLATION On June 16, 1933, "The Banking Act of 1933 " became law. This legislation as a whole is sound and contains many much needed provisions of law, but like most major legislation, application by administrative officers reveals certain features which, in practice,work in a cumbersome manner or bring about situations which its framers did not intend. I recommend, therefore, that Congress enact corrective and clarifying legislation in the following respects. These recommendations, while made as specific suggestions for revision of the act in those respects which appear, in the light of practical operation, to require revision, and as to the defects which require remedies, are not intended to be specific with respect to the provisions or language of possible amendments: 1. Section 2 of the act defines "affiliates" and "holding company affiliates" of a member bank. Numerous questions have arisen with respect to the application of these definitions to various situations with the result that the Secretary of the Treasury requested an opinion from the Attorney General who held that the law must be interpreted literally since the language was unambiguous, even though it might appear to be in conflict with the intentions of the framers of the act as expressed subsequent to the passage of the legislation. As a result it has been found that a large number of different types of corporations, which Congress may not have intended affecting, are apparent affiliates of member banks such as retail clothing corporations, packing companies, newspapers, lumber yards, steamship companies, churches, eleemosynary institutions, etc. Section 27 of the act which amends section 5211 of the Revised Statutes (U.S.C., title 12, section 161; supplement VI, title 12, section 161), provides that each national banking association shall obtain REPORT OF THE COMPTROLLER OF THE CURRENCY 9 from its affiliates not less than three reports during each year containing such information as in the judgment of the Comptroller of the Currency shall be necessary to disclose fully the relations between such affiliate and such bank, and also provides for the publication of such reports. Section 5 (c), which is an amendment of section 9 of the Federal Reserve Act as amended, makes similar provisions with respect to State member banks of the Federal Reserve System. The result of these mandatory requirements has been the accumulation in the Comptroller's office of a great deal of information which has no practical use, since in many cases there is no dealing between the incidental affiliates and the national banks except the relationship created by the definition under the act. Moreover, the furnishing and publication of such reports has placed a tremendous burden as well as expense on some of the banks and has naturally led to confusion in some instances in the minds of the public. This accidental affiliate relationship arises under the definition by reason of the fact that particularly in small communities, the leading business men and the most eligible and desirable men for directors of the bank also control one or more private business interests of their own with the result the bank faces the loss of these directors if the affiliate relationship is to be discontinued. While it is not believed necessary in this particular connection to amend the definition with respect to affiliates, it is advisable to amend the sections calling for the reports and the publication of reports in such a way as to give discretion both to the Comptroller of the Currency and the Federal Reserve Board to waive the furnishing or publication of the reports upon a proper showing. There are, however, certain accidental affiliates in addition to those mentioned which it is not thought Congress intended to embrace in the requirements set out in the act, which should be specifically exempted, as follows: (a) Where a bank is in possession of a majority of the voting shares of a corporation as collateral to a debt of a corporation to the bank and may or may not control said shares for voting purposes to protect said debt. (b) Where the bank has come into control of the majority of the voting shares of a corporation as a result of foreclosure on such shares which were collateral to a debt due the bank. (c) Where the bank holds a majority of the voting shares of a corporation as trustee and controls the voting of same subject to the terms of the trust instrument or without any governing direction in the trust instrument but merely subject to the common-law duty to exercise the control over said shares in the best interests of the particular trust estate; as for example, where a bank as trustee in a mortgage indenture has foreclosed on the mortgage, taking title to the fee in a newly formed corporation, all or a majority of the voting stock of which is controlled by the bank in its capacity as trustee for the beneficiaries. (d) Where a bank holds a majority of voting stock in a custody account for the benefit of certain of its customers, the stock possibly being registered in the name of the bank, and in the absence of specific instructions from the customer, the bank causing such stock to be voted as it sees fit, but presumably for the benefit of the real party in interest, namely, the customer. 10 REPORT OF THE COMPTROLLER OF THE CURRENCY The definitions under section 2 of the act should be clarified so as to remove the doubt which now exists as to whether or not such definitions apply to partnerships having in mind that the word " partnership " is not used in section 2 but is used in sections 32 and 33 of the act. Clarification should be made to eliminate the doubt as to whether or not a bank can have more than one holding-company affiliate, as* arises where a corporation controls a corporation which is a holdingcompany affiliate of a bank by reason of owning or controlling a majority of the bank's stock. The section should also be clarified so as to indicate whether or not a subsidiary of a holding company or an affiliate thereof thereby also becomes an affiliate of the bank controlled by the holding company. This is important because of the provisions of section 13 governing transactions between the bank and its affiliates and section 20 with respect to divorcements of affiliates. 2. Section 11 (b) provides that no member bank shall directly or indirectly by any device whatsoever pay any interest on any deposit which is payable on demand except as to deposits of public funds made by or on behalf of any State, county, school district, or other subdivision or municipality with respect to which payment of interest is required under State law. It also provides that no member bank shall pay any time deposit before its maturity. The foregoing section permits a bank to pay interest on a demand deposit made by or on behalf of a State or political subdivision thereof, where payment of interest is required under State law but no exception or provision for payment of interest is made with respect to deposits of Federal public funds upon which funds existing statutes require the depositing official to obtain interest. As a result the Federal depositing official is confronted on the one hand with the requirement that he obtain interest on his deposits, if placed in the bank, whereas the bank, on the other hand, by this section is apparently prohibited from paying such interest on a demand deposit, thus discriminating against Federal depositing officials of public funds and in favor of State depositing officials. This should be corrected. This section also prohibits a bank from paying any time deposit before its maturity. This results in a hardship in particular instances which was probably not contemplated in selecting the language used. In many instances by reason of a restriction agreement entered into by depositors of banks or as a result of reorganizations, the depositors have agreed to accept a percentage of their deposits payable at extended intervals such as 6 months, 1 year, 2 years, etc. Such restricted deposits have been considered by the Federal Deposit Insurance Corporation as not deposits available in due course of business, hence not insurable. Many of the banks are now in such liquid position that they are willing and anxious to anticipate payment of these restricted deposits but the literal application of the language of this section appears to prohibit such anticipation with the result that the present policy of doing everything possible to make frozen deposits available to depositors is obstructed. 3. Section 12 of the act provides in substance that no executive officer of any member bank shall borrow or otherwise become indebted to any member bank of which he is an executive officer. This section includes a penal provision. The term "executive officer", in the absence^ of a definition by Congress, is not susceptible of a meaning which is definite enough to enable the Comptroller of the Currency REPORT OF THE COMPTROLLER OF THE CURRENCY 11 and his examiners to advise the banks in regard thereto with any degree of certainty or to determine in the examination of a bank whether the section has been violated by reason of a loan to a particular officer. The Attorney General in an opinion dated August 18, 1933, has stated that no categorical answer could be given to the question as to who are "executive officers'7, because "it is not the designation under which one is known but the nature of his duties which characterize him as an ' executive officer.'" The question also arises in connection with this section as to whether or not a bank is prohibited from accepting the accommodation endorsement or guarantee of an executive officer in connection with an obligation not incurred for his benefit such as agreements in favor of the bank by executive officers as a guarantee against depreciation or elimination of assets in order to avoid impairments of capital. This section should also be clarified so as to indicate whether or not a loan to a partnership in which an executive officer of the bank is a partner comes within the prohibition. 4. Section 16, amending paragraph 7 of section 5136, Revised Statutes, as amended (U.S.C., title 12, sec. 24; supp. VI, title 12, sec. 24), provides in part that "The business of dealing in investment securities by national banks shall be limited to purchasing and selling such securities without recourse solely upon the order and for the account of customers, and in no case for its own account." The section also defines "investment securities" as being marketable obligations evidencing indebtedness of any person, copartnership, association, or corporation in the form of bonds, notes and/or debentures. It would appear from the language that a national bank is prohibited from performing the service of purchasing or selling corporate stocks for the account of one of its customers. Since this does not entail the investment by the bank of its own funds and the bank merely acts in an accommodation capacity, it is believed that it was not the intention of Congress to penalize the public located in communities removed from the money centers in disposing of or purchasing securities in the form of corporate stocks for investment purposes. 5. Section 18, amending section 5139, Revised Statutes, as amended (U.S.C., title 12, sec. 52), provides in part that "After 1 year from the date of the enactment of the Banking Act of 1933 no certificate representing stock of any such association shall represent the stock of any other corporation", with provision for certain exceptions. Some of the national banks are confronted with the problem of not being able to secure the surrender of certificates by all the holders of shares of stock of the bank for the purpose of issuing new shares which will comply with the provisions of the act if the act is not self-operative. It is possible that Congress intended that such separation of interest would be automatic without the issuance of new certificates representing shares of bank stock. If such were the intention, the section should be clarified by providing that its prohibitions shall be effective notwithstanding any representations to the contrary that may thereafter appear on such stock certificates. 6. Section 20 of the act provides that after 1 year from the date of its enactment, no member bank shall be affiliated in any manner with any corporation, association, business trust, or other similar organization engaged principally in the issue, flotation, underwriting, public sale, or distribution at wholesale or retail or through syndicate par 12 REPORT OF THE COMPTROLLER OF THE CURRENCY ticipation of stocks, bonds, debentures, notes, or other securities. Violation of this section subjects the member bank to a penalty not exceeding $1,000 per day for each day during which such violation continues. There is some uncertainty as to whether or not the activities of certain affiliate corporations come within the provisions of this penal statute. While there is indication in the debates that it was aimed at what is commonly known as securities affiliates in the sense of affiliates dealing in stock exchange securities, yet the language is broad and refers to " bonds, debentures, notes, or other securities." Numerous national banks are affiliated through common stock ownership with what is commonly known as a mortgage corporation which makes loans on real-estate securities or in some cases may make loans on chattel mortgage securities, on automobiles, or other chattels. There has, in the past, been some encouragement to the organization of such affiliates, even since the passage of this act, for the purpose of such affiliates borrowing from the Reconstruction Finance Corporation, and thereby in turn facilitating extension of credit where credit was needed, and the banks themselves could not for various reasons extend such credit. The section should be so clarified as to enable those affected by its penal provisions to clearly understand what particular activities are embraced within the scope of the section. 7. Section 21 (a) provides that— After the expiration of one year after the date of enactment of this Act it shall be unlawful (1) For any person, firm, corporation, association, business trust, or other similar organization, engaged in the business of issuing, underwriting, selling, or distributing, at wholesale or retail, or through syndicate participation, stocks, bonds, debentures, notes, or other securities, to engage at the same time to any extent whatever in the business of receiving deposits subject to check or to repayment upon presentation of a passbook, certificate of deposit, or other evidence of debt, or upon request of the depositor; or (2) For any person, firm, corporation, association, business trust, or other similar organization, other than a financial institution or private banker subject to examination and regulation under State or Federal law, to engage to any extent whatever in the business of receiving deposits subject to check or to repayment upon presentation of a passbook, certificate of deposit, or other evidence of debt, or upon request of the depositor, unless such person, firm, corporation, association, business trust, or other similar organization shall submit to periodic examination by the Comptroller of the Currency or by the Federal Reserve bank of the district and shall make and publish periodic reports of its condition, exhibiting in detail its resources and liabilities, such examination and reports to be made and published at the same times and in the same manner and with like effect and penalties as are now provided by law in respect of national banking associations transacting business in the same locality. This section is likewise a penal provision and (a) (1) requires the same clarification as is required of section 20, so that it can be clearly understood as to what dealing in securities brings a business entity within its application. Section (a) (2) requires clarification because its literal language may affect activities not contemplated. For example, a large number of corporations for the accommodation of their employees and families offer facilities for leaving funds on deposit with the corporation at interest. Some corporations permit employees to save through deductions from pay roll which are held by the corporation and payable on demand with interest to the employee. Other corporations have old-age benefit funds to which contributions are made by employees by way of a deposit of funds, which deposit in certain REPORT OF THE COMPTROLLER OF THE CURRENCY 13 instances may be repayable to the employee on demand, particularly if he should leave the employment. If such activities are to be considered as engaging in the "business of receiving deposits7' where there is not a holding out to the general public, then, of course, such corporations as to which such activities are merely incidental to their primary business, will choose to terminate such arrangement to the possible injury and ultimate detriment of their employees rather than submit to examination and make and publish reports of condition of the corporation as a whole. 8. Section 26 (a). The second sentence of the first paragraph of section 5200 of the Revised Statutes, as amended (U.S.C., title 12, sec. 84; supp. VI, title 12, sec. 84), is amended by inserting before the period at the end thereof the following: and shall include in the case of obligations of a corporation all obligations of all subsidiaries thereof in which such corporation owns or controls a majority interest. This section requires clarification for the purpose of determining whether or not the obligations of all subsidiary corporations must be totaled for the purpose of determining whether or not an excess loan has been made where the bank has made no loan to the parent corporation. The literal language of the section would indicate that if the parent corporation is not indebted to the bank, then the obligations of its subsidiaries need not be totaled as one obligation for limitation purposes, but may be considered as individual loans. Such interpretation is consistent with the practice of not totaling loans to individual partners where the partnership itself is not indebted to the bank and the individual obligations of the partners were not incurred for the benefit of the partnership. There is considerable uncertainty as to what constitutes a subsidiary as instances have arisen where the parent corporation is 6 corporations removed from another corporation, which is in a sense an affiliate, in that each corporation down the line controls the succeeding corporation with the technical result that the first corporation has the possibility of controlling the sixth corporation, although there are 5 intervening groups of stockholders, and although as a matter of fact there is no actual control exercised by the first corporation over the conduct of the business of the sixth corporation. 9. Section 31 (reading in part)— After one year from the date of enactment of this Act, notwithstanding any other provisions of law, the board of directors, board of trustees, or other similar governing body of every national banking association and of every State bank or trust company which is a member of the Federal Reserve System shall consist of not less than five nor more than twenty-five members; and every director, trustee, or other member of such governing body shall be the bona fide owner in his own right of shares of stock of such banking association, State bank or trust company having a par value in the aggregate of not less than $2,500, unless the capital of the bank shall not exceed $50,000, in which case he must own in his own right shares having a par value in the aggregate of not less than $1,500, or unless the capital of the bank shall not exceed $25,000, in which case he must own in his own right shares having a par value in the aggregate of not less than $1,000. In many cases serious practical objection has arisen with respect to the provision in this section increasing the amount of stock which a director is required to own for qualification, particularly in small communities, for the following reasons: First, frequently, present directors, whom it is desirable to retain on the board are financially unable to make further investment in 14 REPORT OF THE COMPTROLLER OF THE CURRENCY bank stock, sometimes because they have already contributed to the limit voluntarily for the purpose of meeting capital impairments, etc. Second. In some cases the stock is closely held with the result that there is none available for purchase by the directors except at a prohibitive price beyond the intrinsic worth of the stock. Incidents have arisen where the present directors will no longer be able to qualify with this requirement, and other desirable directors are either unavailable or cannot be persuaded to purchase requisite stock to qualify, with the result that the bank finds itself with less than the required number of qualified directors and unable to obtain the necessary additional directors. This condition is particularly true with respect to the smaller banks and should be amended to restore the requirements of the law in existence before the amendment of June 16, 1933. 10. Section 32 (reading in part)— From and after January 1, 1934, no officer or director of any member bank shall be an officer, director, or manager of any corporation, partnership, or unincorporated association engaged primarily in the business of purchasing, selling or negotiating securities. The same comment made as to section 20 applies to this section in that it should be clarified so as to indicate clearly what type of securities are referred to. That is, whether as would seem likely, it was intended to apply to the business of dealing in securities commonly dealt in on the stock exchange or whether it is to be taken in the broad sense so as to include the business of making direct mortgage loans or buying and selling mortgage loans. 11. Section 33. The Act entitled "An Act to supplement existing laws against unlawful restraints and monopolies, and for other purposes," approved October 15, 1914, as amended (U.S.C, title 15, sec. 19) is hereby amended by adding after section 8 thereof the following new section: SEC. 8A. That from and after the 1st day of January 1934, no director, officer, or employee of any bank, banking association, or trust company, organized or operating under the laws of the United States shall be at the same time a director, officer, or employee of a corporation (other than a mutual savings bank) or a member of a partnership organized for any purpose whatsoever which shall make loans secured by stock or bond collateral to any individual, association, partnership, or corporation other than its own subsidiaries. This section, if applied literally, has had an effect in many cases possibly not contemplated by Congress. It is to be noted that the prohibition applies to a corporation merely if it makes such secured loans. In other words, if in the course of a year it happened to make two loans secured by stock or bond collateral as an accidental incident to its business, it comes within the application of the section, regardless of the fact that it is not even slightly engaged in the business of making such loans. In large centers banks have on their board of directors men with wide business interests, some of whom may be connected with a number of large corporations, most of which at some time or other may advance funds secured by stock or bond collateral. A retailer may advance them to a manufacturing concern whose product it intends to buy. A corporation may loan funds to some of its employees secured by stock of the corporation owned by the employee. The danger of an accidental violation of this section acts as a deterrent on desirable men with wide business interest and REPORT OF THE COMPTROLLER OF THE CURRENCY 15 ability, acting as directors of the bank, because they feel they cannot hope to keep so intimately in touch with the daily activities of the other corporations in which they are interested as to be advised when such corporations in an isolated case may happen to make a loan secured by stock or bond collateral, whereas if the section were limited to engaging in the business of making such loans, such problems would be avoided. 12. Section 24b, amending section 3 of act of November 7, 1918, as amended (U.S.C., title 12, section 33), dealing with the consolidation of two national banks should be completely rewritten so as to provide (1) for effective passage of trust fiduciary powers; (2) accountability to dissenting stockholders for proceeds of sale of stock in excess of the appraised value placed thereon; (3) to meet the situation where one appraiser refuses to agree with the other two appraisers as provided for in the act. 13. U.S.R.S., sections 5162, 5163, 5164, 5165, and act of June 20, 1874, c. 343, section 4, provide that in the withdrawal or transfer of registered bonds to secure circulation which are pledged with the Treasurer of the United States, such bonds shall be countersigned by the Comptroller of the Currency. The volume of this countersigning is so heavy due to the increased national bank circulation that it seriously interferes and handicaps the Comptroller and his deputies in handling other matters far more important. It is recommended, therefore, that this section be amended to provide that the Comptroller of the Currency may designate one or more persons to make these countersignatures. 14. Section 19. Section 5144 of the Revised Statutes, as amended (U.S.C., title 12, sec. 61), is amended to read as follows: SEC. 5144. In all elections of directors, each shareholder shall have the right to vote the number of shares owned by him for as many persons as there are directors to be elected, or to cumulate such shares and give one candidate as many votes as the number of directors multiplied by the number of his shares shall equal, or to distribute them on the same principle among as many candidates as he shall decide; and in deciding all other questions at meetings of shareholders, each shareholder shall be entitled to one vote on each share of stock held by him; except (1) that shares of its own stock held by a national bank as sole trustee shall not be voted, and shares of its own stock held by a national bank and one or more persons as trustees may be voted by such other person or persons, as trustees, in the same manner as if he or they were the sole trustee, and (2) shares controlled by any holding company affiliate of a national bank shall not be voted unless such holding company affiliate shall have first obtained a voting permit as hereinafter provided, which permit is in force at the time such shares are voted. Shareholders may vote by proxies duly authorized in writing; but no officer, clerk, teller, or bookkeeper of such bank shall act as proxy; and no shareholder whose liability is past due and unpaid shall be allowed to vote. This section with respect to stock in the bank held by it as sole trustee deprives said stock of voting power and makes similar provision with respect to stock of a holding company affiliate which for some reason or other may not have obtained a voting permit. As a result it is found that in certain instances the balance of the outstanding stock still possessed of voting power is less than a majority of the stock issued and outstanding. The National Bank Act provides that in certain types of resolutions by the stockholders a two thirds majority is necessary to sustain such resolution and in one case a 16 REPORT OF THE COMPTROLLER OF THE CURRENCY simple majority is required. As a result, there w o u M appear to be doubt whether or not the stockholders in possession of voting right in a bank where more than a majority of the bank stock is deprived of a vote under this section can legally adopt a resolution of the type required by statute to be adopted by a majority or two thirds vote. In order to clarify this situation, it is suggested that section 5144 of the Revised Statutes as amended by section 19 of the Banking Act of 1933 be further amended by providing that wherever the law requires that action by the shareholders shall be by either the vote of shareholders owning a majority of the stock or by vote of the shareholders owning two thirds of the stock of the association that in determining said majority or said two thirds, said majority or said two thirds shall be computed upon the basis of the outstanding stock possessed of and entitled to a vote at the time the action is taken. The sections of the National Bank Act which will be affected by such amendment are as follows: Section 2 of the act of May 1, 1886, U.S.C., title 12, section 30, relative to change of name or location of the bank; section 5142 of the Revised Statutes as amended U.S.C. title 12, section 58, with respect to increase of capital; section 5220, Revised Statutes, U.S.C, title 12, section 181, with respect to vote to go into liquidation; section 5143, Revised Statutes, U.S.C, title 12, section 59, with respect to reduction of capital; section 3, act of June 30,1876, as amended August 3, 1892, and March 2,1897, U.S.C, title 12, section 197, with respect to appointment of shareholders' agent in liquidation, and section 5149, Revised Statutes, U.S.C, title 12, section 75, with respect to fixing of date for election of directors. 15. R.S. 5154, U.S.C, title 12, section 35, provides for conversion of State banks into national banks. There has been an increased number of State banks which have applied to the Comptroller of the Currency for conversion. In examining these banks it is found that they possess some assets which it is not legal for national banks to acquire and hold. To require a State bank to eliminate these assets places a burden on it which it may be unable to meet and many times results in its inability to join the national system. It is recommended that Congress amend this statute to provide that such banks on conversion may continue to carry such nonconforming assets as may be determined, in the discretion of the Comptroller of the Currency, to be acceptable because of their intrinsic value. NATIONAL BANKS IN THE TRUST FIELD The administration of trusts in the national banking system during the fiscal year ended June 30, 1933, reached the greatest proportions, both in number of trusts under administration and in the volume of individual trust assets confided to their care than at any time since the first permit to exercise trust powers was issued on February 25, 1915, under section 11 (k) of the Federal Reserve Act. One thousand eight hundred and forty-five national banks had authority to exercise trust powers on June 30, 1933, with combined capital of $1,285,423,255 and banking resources of $18,320,841,438, which represented 37.6 percent of the number, 84.7 percent of the capital, and 87.8 percent of the resources of all banks in the national banking sj^stem. Of the number authorized to exercise trust powers, 1,478 banks had active trust departments and were administering 100,356 individual trusts with assets aggregating $6,311,657,753, and in addition were administering 10,784 corporate trusts and acting as trustees for outstanding note and bond issues amounting to $10,418,426,937. Compared with 1932, these figures represent a net increase of 6,852, or 6.2 percent, in the number of trusts being administered; an increase of $1,669,592,382, or 26.5 percent, in the volume of individual trust assets; and an increase of $921,180,328, or 8.8 percent, in the volume of bond issues outstanding under which national banks had been named to act as trustees. A segregation of the number of fiduciary accounts in national banks revealed that 54,095, or 48.7 percent, were those created under private or living trust agreements; 46,261, or 41.6 percent, were trusts being administered under the jurisdiction of the courts, and the remaining 10,784, or 9.7 percent, were trusteeships under corporate bond or note issue indentures. Private trust assets comprised $5,029,485,372, or 79.7 percent, of the total assets under administration, while the remaining $1,282,172,381, or 20.3 percent, belonged to court trusts. Invested trust funds aggregated $5,831,556,503, of which bonds constituted 43.17 percent; real-estate mortgages, 12.16 percent; stocks, 33.15 percent; and miscellaneous assets, 11.52 percent. The substantial development of trust activities in these institutions is further emphasized by comparing the record in 1933 with that of 1928, which reflects an increase during the 5-year period of 47,364, or 42.6 percent, in the number of trusts being administered; an increase of $3,014,347,634, or 47.8 percent, in the volume of individual trust assets under administration, and an increase of $2,440,038,083, or 23.4 percent, in the volume of bond and note issues outstanding for which national banks are acting as trustees. The extent to which national banks have been named to act by the insuring public as administrator of policy proceeds is revealed by the fact that 206 banks were acting as trustees under 617 insurance trust agreements involving $32,719,615 in proceeds from insurance policies, 17 18 REPORT OF THE COMPTROLLER OF THE CURRENCY while 637 national banks had been named trustees under 16,358 insurance trust agreements not yet matured or operative supported t>y insurance policies with a face value aggregating $696,758,940. Three hundred and ninety-eight of the banks spent $245,623 during the year for trust advertising, 39 banks employed full-time trust solicitors, and 94 banks utilized the services of part-time trust solicitors. National bank branches numbering 215 on June 30, 1933 were actively engaged in administering 13,271 trusts, with individual trust assets aggregating $801,044,099, and were acting as trustees for outstanding bond and note issues amounting to $410,703,238. The following tables show in detail the activities of national banks in the trust field, segregated, first, according to capital of the banks; second, according to the population of places in which the banks were located; third, according to Federal Keserve-districts; fourth, analysis of the type of investments held in trust, with a supplemental table showing the extent to which national bank branches were furnishing trust service to the communities in which they were located. Fiduciary activities of national banks during year ended June 80, 1933, segregated according to capital Banks with capital of $25,000 Banks with capital over $25,000 to $50,000 Banks with capital over $50,000 to $100,000 Banks with capital over $100,000 to $200,000 Banks with capital over $200,000 to $500,000 Banks with capital over $500,000 Total g O Number of national banks with trust powers but not administering trusts. Number of national banks with trust powers administering trusts Total number of national banks authorized to exercise fiduciary powers _ Total resources of banking departments of national banks authorized to exercise fiduciary powers Investments Deposits in savings banks. Deposits in other banks Deposits in own bank Other assets... TRUST ASSETS Total. Private trusts. Court trusts... LIABILITIES Total.. Total volume of bond issues outstanding for which banks are acting as trustee Number of national banks administering private trusts , Number of national banks administering court trusts Number of national banks administering corporate trusts _. Number of living trusts being administered Number of court trusts being administeredTotal number of individual trusts being administered Number of corporate trusts being administered _. Total number of trusts bsing administered ._ Average volume of individual trust assets in each bank _. Average volume of trust assets in each individual trust.. _ Number of national banks administering insurance trusts Number of insurance trusts being administered-._ _. Average volume of insurance trust assets in each bank Average volume of insurance trust assets in each trust Number of national banks holding insurance trust agreements not operative. Number of insurance trust agreements not operative Face value of policies held under above agreements 79 132 338 470 470 34 348 21 221 367 1,478 539 382 242 1,845 53 159 19,361,454 ;i07,087,675 150,641 20,045 61,943 49,355 4,336,025 82,470 1 684,864 193,834 37,093,786 1,101, 539 83,969 4,300,067 3,087, 682 149,659,473 1, 339,914 401,001 8,576, 641 6,177,425 405,305, 502 5, 235,011,076 3, 626,989 5,475, 950 1, 252, 284 7,561, 813 14,055,166 155,942,997 35,185, 728 230,839, 573 5,831,556,503 11, 646,907 9, 299,068 183, 621,678 275, 533,597 281,984 5, 297,194 45,667,043 166,154,454 459,425, 669 5, 634,831,409 6,311, 657,753 93,033 188,951 2,462,289 2,834,905 19,779, 289 25,887,754 89,008,948 77,145,506 287, 312,988 172,112, 681 4, 630,828,825 1,004,002, 584 5,029, 485,372 1, 282,172,381 281,984 5, 297,194 45, 667,043 166,154,454 459,425, 669 5, 634, 831, 409 6,311, 657,753 $103,750 7 17 2 9 53 62 2 64 $14,841 $4, 548 1 1 $33,070 $33,070 $1, 288, 276 39 72 13 115 465 580 42 622 $68, 795 $9,133 $25, 704,482 235 297 96 1,355 3,243 4,598 435 5,033 $140,083 $9,932 5 7 $34,038 $24,313 60 453 $4,830,199 $47,813,149 378 422 169 5,518 9,715 15,233 524 15, 757 $361,205 $10,908 26 31 $46,444 $38,953 159 774 $25,156, 566 7 18 $452, 358 S ', 087, 338 $1, 370,207,162 $1,851, 502,404 $14, 275, 595, 405 $18, 320,841,438 ), 490, 752 $10,184,026, 528 $10,418,426,937 314 212 1,185 323 210 1,341 188 199 667 38,295 8,803 54,095 22,378 10, 407 46,261 60,673 19, 210 100,356 8,585 1,196 10,784 69,258 111,140 20, 406 $26,087,182 $4,386,142 ., 347,289 $92,872 $62.893 $23,916 108 206 66 469 109 617 $245,970 $71,880 $158,833 $56,641 $43,524 $53,030 194 217 637 12,634 2,481 16, 358 $579, 611, 570 I, 708, 247 $696, 758,940 O O ii O Fiduciary activities of national banks during year ended June 30, 1933, segregated according to capital—Continued to o Banks with capital of $25,000 Average number of insurance trust agreements not operative held by each bank. Average volume of insurance policies held by each bank under trust agreements not operative Average volume of insurance policies per trust held under agreements not operative _._ _ ___ Average gross earnings per trust forfiscalyear ended June 30,1933 Average gross earnings per trust department reporting trust earnings for fiscal year ended June 30,1933 _r _ Number of banks reporting amounts spent annually for trust advertising.. Average amount spent annually by each reporting bank for trust advertising Number of banks employing full-time trust solicitors Number of banks employing part-time trust solicitors Banks with capital over $25,000 to $50,000 Banks with capital over $50,000 to $100,000 Banks with capital over $100,000 to $200,000 Banks with capital over $200,000 to $500,000 Banks with capital over $500,000 Total 8 2 8 5 11 65 26 $64, 623 $80, 503 $158, 217 $399, 577 $2,987, 689 $1,093,813 $28,272 $39 $10, 663 $58 $32,502 $47 $34,949 $53 $45,877 $275 $42,594 $196 $281 1 $1,061 58 $1,765 119 $5,067 107 $89,005 103 $16,760 10 $10 $61 $78 1 9 $158 4 31 $299 2 22 $1,842 32 30 $617 39 94 — o Fiduciary activities of national banks during year ended June 80, 1933, segregated according to population of places in which banks were located Places with population less than 1,000 Number of national banks with trust powers but not administering trusts Number of national banks with trust powers administering trusts Total number of national banks authorized to exercisefiduciarypowers. Total resources of banking departments of national banks authorized to exercise fiduciary powers _. _ 1,000 to 2,499 2,500 to 4,999 5,000 to 9,999 10,000 t o 24,999 25,000 to 49,999 S 67 126 70 203 76 249 72 336 18 184 58 193 273 325 408 202 $35,559,052 $203,980,154 $388, 793, 660 $605, 645, 777 $1, 210,126,868 $909,145, 359 1,746,295 488 3,715 275,458 76,010 8,154,483 98, 720 51,415 994,135 567,266 32,172, 256 128,099 54,916 2, 752,555 1,032, 358 55,153,813 949, 353 105, 349 3,804, 231 2,264,802 161, 530,054 1,817,817 849, 776 8,053,807 6,093, 550 198,965,102 1,477,711 297,879 8,413,519 12, 487,841 2,101,966 9,866,019 36,140,184 62, 277,548 178,345,004 221, 642,052 1, 395, 988 705, 978 3, 557, 267 6,308,752 15,886,783 20,253,401 31,075,826 31,201,722 97, 537, 671 80,807, 333 137, 760, 507 83,881,545 Total.. Total volume of bond issues outstanding for which banks are acting as trustee- 2,101,966 9,866,019 ====== 2, 633, 685 36,140,184 62,277, 548 178,345,004 221, 642,052 11,084,159 26, 630,823 Number of national banks administering private trusts ._ Number of national banks administering court trusts Number of national banks administering corporate trusts Number of living trusts being administered _ Number of court trusts being administered— Total number of individual trusts being administered. _ Number of corporate trusts being administered _ Total number of trusts being administered Average volume of individual trust assets in each bank _ Average volume of trust assets in each individual trust— Number of national banks administering insurance trusts Number of insurance trusts being administered _ Average volume of insurance trust assets in each bank Average volume of insurance trust assets in each trust.. _ Number of national banks holding insurance trust agreements not operative.. Number of insurance trust agreements not operative Face value of policies held under above agreements Average number of insurance trust agreements not operative held by each bank. Average volume of insurance policies held by each bank under trust agreements not operative 22 33 5 238 195 433 5 438 $56,810 $4,854 146 189 55 1,923 3,541 5,464 150 5,614 $179,802 $6, 614 3 14 $179, 300 5 82 107 20 514 1,200 1,714 42 1,756 $81,537 $5,753 1 1 $33,070 $33,070 16 44 $719, 500 3 $59, 767 $44,969 Investments Deposits in savings banks.. Deposits in other banks Deposits in own bank Other assets TRUST ASSETS Total.. Private trusts. Court trusts... i LIABILITIES 141,800 53,198,582 271 306 153 4,248 7,489 11, 737 512 12, 249 $542,082 $15,195 18 33 52, 425,845 159 171 93 3,954 4,920 8,874 662 9,536 $37,451 $28,088 33 138 $3, 251,824 4 216 94 2,394 4,737 7,131 378 7,509 $261,670 $8, 733 12 13 $21, 687 $20,018 65 296 $7,909,666 5 $31,756 145 1,058 $25,116,335 7 $1,231,345 $24,977 33 54 37, 790 $23,094 104 1,137 $36, 219,698 11 $98, 540 $121,687 $173,216 $348,266 o o I c Fiduciary activities of national banks during year ended June 80,1988, segregated according to population of places in which banks were located— to to Continued Places with population 1,000 t o 2,499 2,500 t o 4,999 5,000 t o 9,999 10,000 t o 24,999 25,000 t o 49,999 less t h a n 1,000 3 S LIABILITIES—continued Average volume of insurance policies per trust held under agreements not operative . Average gross earnings per trust for fiscal year ended June 30,1933. Average gross earnings per trust department reporting trust earnings for fiscal year ended June 30,1933 _ _ Number of banks reporting amounts spent annually for trust advertising Average amount spent annually by each reporting bank for trust advertisingNumber of banks employing full-time trust solicitors _ _. Number of banks employing part-time trust solicitors $12,807 $21 $16,352 $53 $23,564 $33 $26,722 $42 $23,739 $66 $31,855 $80 $362 5 $63 $971 24 $63 1 6 $1,060 44 $70 $1,484 59 $142 1 11 $2,743 83 $233 1 19 $4,383 62 $252 3 4 50,000 t o 99,999 Number of national banks with trust powers but not administering trusts Number of national banks with trust powers administering trusts.. 100,000 t o 249,999 7 250,000 t o 499,999 500,000 t o 999,999 1,000,000 or over 7 9 117 11 103 Total number of national banks authorized to exercise fiduciary powers. 126 Total resources of banking departments of national banks authorized to exercise fiduciary powers . $1,004,850,355 114 76 26 44 1,845 $1, 770, 504, 031 $2,140, 678, 235 $3,178, 945, 512 $6,872, 612,435 $18, 320,841,438 329,521,356 1,380,183 530, 590 9,951, 684 13,054, 373 614, 246,073 4, 360, 787 384, 436 14,123,107 44,978,190 649, 252, 653 225, 740 907, 471 18, 501,447 71,955, 386 525, 594, 755 1,022,851 1, 263,938 18, 554, 607 118,987,865 3, 255, 219, 663 185,158 4,849,583 98,197,128 4,035,956 5,831, 556, 503 11, 646,907 9,299,068 183, 621, 678 275, 533, 597 354,438,186 678,092, 593 740,842, 697 665,424,016 3,362,487,488 6, 311,657,753 208,196,914 146,241,272 490,934,114 187,158,479 590, 550,973 150, 291,724 533, 228, 736 132,195, 280 2,919, 360, 593 443,126,895 5,029,485,372 1, 282,172, 381 TRUST ASSETS - Tnvfist.mGTits Deposits in savings banks Deposits in other banks Deposits in own bank . __ Other assets _. ._ Total. _. 12 64 5 21 6 38 367 1,478 LIABILITIES Private trusts Court trusts Total __ __ . . 354,438,186 678,092, 593 740,842, 697 665,424,016 3,362,487,488 6, 311, 657, 753 Total volume of bond issues outstanding for which banks are acting as trustee. $123,420,335 102 Number of national banks administering private trusts 110 Number of national banks administering court trusts $157, 221,821 99 99 $312, 736, 332 62 57 $839,298,440 19 21 $8,839,635,115 34 32 $10,418,426,937 1,185 1,341 m i Total 3 o Number of national banks administering corporate trusts Number of living trusts being administered _ Number of court trusts being administered _ Total number of individual trusts being administered_ , Number of corporate trusts being administered Total number of trusts being administered Average volume of individual trust assets in each bank Average volume of trust assets in each individual trust... _ Number of national banks administering insurance trusts Number of insurance trusts being administered Average volume of insurance trust assets in each bank__ Average volume of insurance trust assets in each trust Number of national banks holding insurance trust agreements not operativeNumber of insurance trust agreements not operative Face value of policies held under above agreements _ Average number of insurance trust agreements not operative held by each bank. Average volume of insurance policies held by each bank under trust agreements not operative Average volume of insurance policies per trust held under agreements not operative Average gross earnings per trust for fiscal year ended June 30,1933— Average gross earnings per trust department reporting trust earnings for fiscal year ended June 30,1933 ... Number of banks reporting amounts spent annually for trust advertising Average amount spent annually by each reporting bank for trust advertising. Number of banks employing full-time trust solicitors Number of banks employing part-time trust solicitors 72 4,721 5,208 9,929 582 10,511 $3,164,627 $35,697 38 72 $149, 614 $78,963 89 1,834 $70,346,902 21 78 7,348 5,426 12, 774 1,002 13,776 $6,583,423 $53,084 48 116 $73,729 $30,509 83 2,767 $105,362,001 33 $790,415 $1,269,422 $38,357 $106 $38,078 $145 $10,321 40 $696 2 16 $20,157 38 $1,255 6 19 5,127 3,831 8,958 2,009 10,967 $31,686,858 $74,283 10 73 $542,338 $74,293 20 2,680 $132,738,400 134 27 18,380 6,863 25,243 3,933 29,176 $96,071,071 $133,205 11 147 $1,014,005 $75,878 26 2,581 $170,570,736 99 667 54,095 46,261 100,356 10,784 111, 140 $4, 386,142 $62,893 206 617 $158,833 $53,030 637 16,358 $696,758,940 26 $2,723,483 $5,636,920 $6, 560,413 $1,093,813 $37,896 $49, 529 $219 $66,087 $420 $42,594 $196 $31,928 26 $1,350 10 8 $119,896 8 $3,581 6 4 51 5,248 2,851 8,099 1,509 $11,949,076 $91,473 29 100 $141,544 $41,048 53 $144, 344, 578 72 $16,760 9 $6,463 9 4 94 i o o K I a O d to CO Fiduciary activities of national banks by Federal Reserve districts as of June SO, 1988 Number Number aubanks ex- with ercising thority but not fiduciary exercising powers power Federal Reserve districts Boston New York Philadelphia Cleveland RichmondAtlanta Chicago St.Louis Minneapolis KansasCity Dallas San Francisco Total _ __ - _. . _ , 159 267 232 109 118 74 146 75 58 102 60 78 34 36 17 14 16 27 37 29 49 60 29 19 193 303 249 123 134 101 183 104 107 162 89 97 $129,303,800 $1, 747,392,406 383, 755,950 5,071, 263,905 89,762,505 1,519,401,112 74,180,000 1,185, 200,715 701,885,190 48, 111, 000 787,147,066 63, 620,000 167,625.000 2,277,635,518 543,448, 755 37,570,000 38, 500,000 616,400, 614 42, 705,000 724,798,836 47, 790,000 639,590, 389 162,500,000 2, 506,676,932 2,910 4,328 7,647 3,629 1,693 2,555 15,965 1,478 367 1,845 1, 285,423, 255 18, 320,841,438 54,095 Bond issues outstanding where banks act as trustee Federal Reserve districts Boston. . . New York Philadelphia Cleveland Richmond Atlanta Chicago St.Louis Minneapolis. _ Kansas CityDallas San Francisco Total . Individual trusts Total Total banking Capital of number resources of author- banks author- banks authorized to ized to exercise to exercise Living Court exercise fiduciary pow- ized Total fiduciary pow- trusts trusts ers fiduciary ers powers . _ $479,376,129 6, 356,536,186 95,355, 506 172,619,939 51,105,019 113,978,727 2,218,339,434 52,375,195 43,175,428 65, 214, 245 75,399,046 694,952, 083 10,418,426,937 Number of Number of banks ad- insurance ministering trusts being insurance administered ' trusts 19 28 26 20 14 16 18 5 7 46 85 85 58 30 48 67 10 9 18 17 58 34 18 87 206 61 7 Volume of assets of insurance trusts under administration $1,648,716 4,615,486 7,199,276 5,035,932 670,031 1,282,247 4,327,831 634,839 291,320 2,259,975 937,748 3,816,214 32,719,615 Number of corAssets of indi- porate trusts vidual trusts being administered $390,710,817 680,112,626 275,317, 289 314,880,098 247, 520,890 282, 300,182 2,451,014,605 52, 709, 926 189, 365, 580 279,302,211 111,479.932 1,036f 943, 597 2,847 5,692 6,408 10,129 18,376 8,845 4,593 4,440 21,509 2,355 2,789 4,163 1,559 15,190 46, 261 100,356 6,311,657,753 10, 784 3,498 5,801 10,729 5,216 2,900 1,885 5,544 1,652 1,489 1,317 703 1,300 2,846 1,021 9,498 538 Number of Face value of banks hold- Number of insurance poliing insur- insurance cies held under ance trust trust agree- trust agreements not agreements ments not not opera- operative operative tive 72 112 105 57 47 31 51 14 19 1,402 2,171 1,404 1,392 40 39 1,643 601 3,469 16,358 50 637 904 906 1,284 225 957 $58, 280,626 137,026,881 58,822, 353 62,103,856 29,958,267 34,476,183 60,025,244 8,633,119 37,864,873 49,033,461 25,948,871 134,585,206 696,758,940 3 555 1,439 473 920 223 635 485 244 601 332 2,030 Trust department gross earnings for fiscal year ended June 30,1933 1, 733,000 7,072,000 985,000 1,012,000 604,000 623,000 4,030,000 260,000 337,000 841,000 243,000 3,721,000 21,461,000 O O g. B W d 3 Classification of investments in living and court trust accounts under administration by the 1,478 active national-bank trust departments, segregated according to capital of banks and population of places in which national banks were located on June 80, 1983 Trust investments classified according to capital of banks administering trusts Banks with capital of $25,000 Banks with capital over $25,000 to $50,000... Banks with capital over $50,000 to $100,000.. Banks with capital over $100,000 to $200,000. Banks with capital over $200,000 to $500,000. Banks with capital over $500,000 Total Trust investments classified according to population of places in which banks administering trusts are located Places with population less than 1,000 Places with population of 1,000 to 2,499 Places with population of 2,500 to 4,999 Places with population of 5,000 to 9,999 Places with population of 10,000 to 24,999- . Places with population of 25,000 to 49,999- . Places with population of 50,000 to 99,999- _ Places with population of 100,000 to 249,999 Places with population of 250,000 to 499,999 Places with population of 500,000 to 999,999. Places with population of 1,000,000 or over. Total Bonds $69, 522 1,848,220 13,072, 055 45,480,102 138,556, 794 2,318,525, 240 Percent 46.15 42.62 35.24 30.39 34.19 44.29 2,517,551, 933 43.17 Bonds $397, 242 2,494, 638 10,481,740 14,611,103 45, 748, 773 75,821, 987 120,634, 033 177,201, 977 279,045,102 176,978,778 1, 614,136, 560 Percent 22.75 30. 59 32. 58 26.49 28.32 38.11 36.61 28.85 42.98 33.67 49.58 2,517, 551, 933 43.17 Real estate mortgages Percent Stocks Percent $36,757 24.40 697,953 16.10 9,206,417 24.81 52,804,208 35.28 71, 254,487 17.58 575,300,378 10.99 $4,670 882,096 9, 217,441 34,786, 271 127,234,840 1,760,880,358 709,300,200 1,933,005,676 33.15 Real estate mortgages 12.16 Percent Stocks 3.10 20.34 24.86 23.25 31.39 33.64 Percent $754,704 2,933,832 11,019,255 21,400,698 43,890,088 34,287,310 61, 732,923 93,251,494 84, 611,139 68, 795,557 286, 623, 200 43.22 35.98 34.25 38.80 27.17 17.23 18.73 15.18 13.03 13.09 8.80 $481,340 2,075,431 3,550, 248 12,043,953 46, 775, 721 56, 793,992 103,856,814 255,926, 224 189,075,634 224,152, 602 1,034, 273, 717 709, 300, 200 12.16 1,933,005, 676 33.15 27.56 25.45 23.47 21.84 28.96 28.54 31.52 41.67 29.12 42.65 31.77 Miscellaneous Percent Total investments $39,692 26.35 907,756 20.94 5,597,873 15.09 16,588,892 11.08 68,259,381 16.84 580,305,100 11.08 $150,641 4,336,025 37,093,786 149,659,473 405,305,502 5,235,011,076 671,698,694 5,831,556,503 Miscellaneous 11.52 Percent Total investments $113,009 650,582 3,121,013 7,098,059 25,115,472 32,061,813 43,297, 586 87,866,378 96,520, 778 55,667,818 320,186,186 6.47 7.98 9.70 12.87 15.55 16.12 13.14 14.30 14.87 10.59 9.85 $1,746, 295 8,154,483 32,172,256 55,153,813 161,530,054 198,965,102 329,521,356 614,246,073 649,252,653 525,594,755 3,255, 219,663 671, 698, 694 11.52 5,831,556, 503 O o O O o to Or Classification of investments in living and court trust accounts under administration by the 215 active national-bank branches with trust departments, segregated according to population of places in which branches were located on June 30, 1983 Trust investments classified according to population of places in which branches are located Places with population Places with population Places with population Places with population Places with population Places with population Places with population Places with population Places with population Places with population Places with population Total.. of less than 1,000. __ of 1,000 to 2,499 of 2,500 to 4,999 of 5,000 to 9,999 of 10,000 to 24,999. _ of 25,000 to 49,999 __ of 50,000 to 99,999. _ of 100,000 to 249,999 of 250,000 to 499,999 of 500,000 to 999,999 of 1,000,000 or over- Bonds Percent $36,305 55,746 218,287 618,689 1,515,473 4,817,739 11,155,863 8,890,600 14,285,030 28,485,536 167,497,257 26.17 8.41 12.56 14.95 18.70 29.55 27.31 28.11 38.02 43.45 30.72 237,576,525 31.60 Percent Stocks Percent 18.45 12.04 32.49 24,31 24.56 15.84 22.93 12.00 5.73 5.62 18.63 $50,372 185,157 599, 217 960, 545 2,755, 549 4,893,162 11,172,033 11,999,148 7,743,190 17,647,340 167,434,306 36.33 27.95 34.48 23.21 34.00 30.01 27.34 37.93 20.61 26.92 30.71 126,799,798 16.87 225,440,019 Real estate mortgages $25,580 79, 745 564,588 1,006, 236 1,990, 280 2,582,343 9,369,410 3,796, 661 2,156,471 3, 684,087 101,544,397 Miscellaneous Percent Total investments 29.05 51.60 20.47 37.53 22.74 24.60 22.42 21.96 35.64 24.01 19.94 $138,672 662,552 1,737,960 4,138,447 8,103,771 16,304,178 40,857,489 31,632,466 37,576,787 65,554,353 545,160,959 162,051,292 21.55 751,867,634 $26,415 341,904 355,868 1,552,977 1,842,469 4,010,9349,160,183 6,946,057 13,392,096 15,737,390 108,684,999 Fiduciary activities of national-bank branches with trust departments during year ended June 30, 1983, segregated according to population of places in which branches were located Places with population of less than 1,000 1,000 to 2,499 2,500 to 4,999 5,000 to 10,000 to 24,999 25,000 to 49,999 50,000 to 99,999 100,000 to 250,000 to 500,000 to 499,999 249,999 1,000,000 Total Number of national-bank branches with 34 30 23 13 13 15 215 active trust departments._ 25 Total resources of banking departments $3,416,401 $20, 283,038 $26, 698,745 $52,844,348 $52, 562, 511 $47,897,440 $115,929,962 $45, 522,083 $124,970,672 $550,514,045 $403,779,269 $1,444,418,514 of branches administering trusts TRUST ASSETS Investments Deposits in savings banks.. Deposits in other banks Deposits in own bank Other assets _ Total- 138,672 843 662,552 10,043 561 105,869 67,043 150,119 835,464 242, 316 101,876 8,103,771 16,304,178 40,857,489 31,632,466 37,576,787 65,554,353 545,160,959 751,867,634 29,810 40, 269 147,105 13,403 156,581 8,777 475, 577 6,241 39,071 520,889 373,786 875,189 1,071,114 957,755 1,763,171 2,576,759 16,678,836 24,769,920 278,253 726,892 6,070,443 13,993,469 23,454,988 923,463 443,666 827,695 1,876,082 4,515,106 8,764,587 18,256,176 42,528,850 33,417,916 40,119,324 74,231,365 576,349,110 801,044,099 1,737,960 4,138,447 1,413 32,467 115,082 21,627 to I 3 i Private trusts.. Court trusts.— $91,112 59,007 $319, 281 516,183 881,856 Total.. Total volume of bond issues outstanding for which branch banks are acting as trustee Number of branches administering private trusts Number of branches administering court trusts Number of branches administering corporate trusts Total number of individual trusts being administered _ Number of corporate trusts being administered.. _ Total number of trusts being administered . Average volume of individual trust assets in each branch Average volume of trust assets in each individual trust Number of branches administering insurance trusts Number of insurance trusts being administered Average volume of insurance trust assets in each branch ___ _. Average volume of insurance trust assets in each trust — Number of branches holding insurance trust agreements not operative Number of insurance trust agreements not operative Face value of insurance policies held under above agreements Average number of insurance trust agreements not operative held by each branch. Average volume of insurance policies held by each branch under trust agreements not operative Average volume of insurance policies per trust held under trust agreements not operative Average gross earnings per trust for fiscal year ended June 30,1933 150,119 835,464 1,876,082 $2,116, 720 $4,471, 253 $10,970, 0,970, 668 $20,I, 339,042 339, $23,440,383 $29,I, 243,106 $68,148,897 $384,898,124 $545,032,812 243, 2, 398, 386 4,293,334 7,285, 508 22,189,808 9,977, 533 10, 876, 218 6,082,468 191,450,986 256,011,287 4, 515,106 8, 764, 587 18, 256,176 42,528,850 33,417,916 40,119,324 74, 231,365 576,349,110 801,044,099 ~ $2,700 $170,000 1 17 12 13 64 13 $64,167 $44,300 . --• . :• $43, 600 $4,191, 700 $3,894,955 $29, 436, 640 $27,384, 234 $345,470,942 $410, 703,238 19 20 10 9 4 5 2 11 106 15 20 21 10 9 4 7 2 10 116 1 2 3 4 7 3 6 1,180 915 697 150 426 1 3 151 429 $25,020 $59, 676 $89,337 $215,005 $11, 548 $13,054 $12, 507 $19,132 2 841 7 34 1,397 6,037 11,948 916 1 36 28 155 174 1,216 943 852 1,571 1,323 13,271 $1,825,618 $4, 725,428 $8,354,479 $5, 731,332 $37,115,682 $52,395, i5,374 $20,574 $6,307,433 $21,916 $36,041 $36,522 $57,560 $53,136 $95,469 $67,044 2 4 8 2 3 1 7 29 2 3 4 13 5 62 101 $11,398 $13, 508 $59,841 $30,880 $54,178 $96,172 $179,259 $710,690 $209,903 $11,398 $9,005 $59,841 $19,003 $21,671 $48,086 $29,877 1 13 13 19 20 8 9 4 5 1 10 103 3 52 46 97 166 149 319 175 330 228 1,037 2,602 $38,000 $864,362 $2,580,795 t, 646,015 $2,481,167 $7,139,151 $4,381,930 $11, 547,108 $5, 754, 322 $64,791,795 $105,192,013 19 $38,000 $12,667 $96 $16, 622 35 44 66 228 $74,413 $135,831 $232,301 $310,146 $21,030 $26,606 $27,988 $16,652 $22,380 $25,040 $34,991 $25,238 $143 $171 $161 $211 $162 $108 $81 104 $793,239 $1,095,483 $2,309,422 $5, 754,322 $6,479,180 $62,480 1 F W O d 26 $1,021,282 $40,427 3 Fiduciary activities of national-bank branches with trust departments during year ended June 80, 1933, segregated according to population of places in which branches were located—Continued Places with population of less than 1,000 to 2,499 2,500 t o 4,999 10,000 to 24,999 5,000 to 9,999 25,000 to 49,999 100,000 t o 249,999 50,000 t o 99,999 250,000 to 499,999 500,000 t o 999,999 l,000,00C Total or over to °^ 3 1,000 LIABILITIES—continued Average gross trust earnings per branch reporting trust earnings for fiscal year ended June 30,1933 Number of branches reporting amounts spent annually for trust advertising Average amount spent annually by each reporting branch for trust advertising. Number of branches employing full-time trust solicitors .. . Number of branches employing parttime trust solicitors $208 $180 $511 $1,012 $2,044 $11,092 $16, 335 $24, 871 1 $600 1 1 1 1 2 1 $19,658 $12,148 $57, 313 $15, 296 3 4 $1, 592 $1,344 1 5 12 1 1 3 O o o NATIONAL BANK FAILURES During the year ended October 31, 1933, receivers were appointed for 348 national banks. Of such total appointments, 29 were made for the purpose of completing unfinished business or enforcing stock assessments, the collection of which was necessary under contracts to succeeding institutions which purchased the assets of the banks under terms by which depositors were paid in full. Of the remaining 319 appointments for actual failures, none was restored to solvency during the current year, leaving the entire 319 to be liquidated by receivers. However, 9 insolvent national banks for which receivers were appointed in 1932 were terminated during the current year other than through liquidation, 8 thereof having been restored to solvency and 1 eliminated as an insolvent national bank through revocation of the receiver's commission as of the date of issuance. These figures for the year 1933 may be compared with 333 receivers' appointments during the previous year for actual failures, 16 of which were restored to solvency, with the appointment of receivers for 47 banks to complete unfinished business or to enforce stock assessments. In a further analysis of the 348 receivers' appointments for the past year exclusive of the 29 appointments for purpose of completing unfinished business or enforcing stock assessments referred to in the preceding paragraph, it is found that 105 appointments were for actual suspensions due to closing prior to March 6, the date of the bank-holiday proclamation, 3 for banks suspended under the bank holiday not subsequently licensed and for which conservators had not been appointed, 208 for banks suspended under the bank holiday and placed in charge of conservators prior to receivers' appointments, and 3 for banks licensed to reopen prior to March 16 but subsequently found insolvent. The capitalization of the 348 banks for which receivers were appointed during the past year was $76,107,500, as compared with the capitalization of the 380 banks for which receivers were appointed during the previous year of $50,505,585. During the year ended October 31, 1933, total costs incurred in the liquidation of insolvent national banks as reported by receivers amounted to but 3.2 percent of total collections from all sources including offsets allowed for a like period. This percentage of costs to collections for the year 1933 may be compared with percentages of 3 and 3.2 for the years 1931 and 1932, respectively. Total collections from all sources including offsets allowed, as reported by receivers for the year ended October 31,1933, amounted to $356,678,150, while similar collections for the years 1931 and 1932 aggregated $132,998,054 and $263,482,046, respectively. The early liquidation of insolvent national banks has been greatly facilitated through the granting of loans to receivers of such banks by the Reconstruction Finance Corporation for the purpose of paying dividends. Loans so obtained by receivers of insolvent national 29 30 REPORT OF THE COMPTROLLER OF THE CURRENCY banks during the year ended October 31, 1933, as indicated by the records of this office, amounted to $30,204,332. Total loans obtained by receivers from the Reconstruction Finance Corporation from the date of the organization thereof to October 31, 1933, as indicated by the records of this office, amounted to $53,888,798. An indication of the general distribution of and benefit derived from these loans by the depositors of insolvent national banks is evident from the fact that such loans both hastened and increased the payments of dividends to depositors of 559 insolvent national banks located in 38 of the 48 States and in the District of Columbia. Some further facilitation in the liquidation of insolvent national banks has been secured during the past year through the consunlation of approximately eight sales of assets at par value and interest by receivers of insolvent national banks to other going institutions under the so-called Spokane plan. These sales of assets are found to have resulted in the immediate distribution of dividends by receivers in the aggregate amount of approximately $14,650,000. Relative to the length of time required to complete liquidation of insolvent national banks a compilation has been made covering those insolvent national banks finally closed during the year ended October 31, 1933, as well as for those receiverships finally closed during the 12-year period November 1, 1921, to October 31, 1933. From data compiled it has been found that insolvent national banks finally closed during the year ended October 31, 1933, exclusive of those banks which were restored to solvency and those for which receivers were appointed for the purpose of completing unfinished business or enforcing stock assessments only, required an average period of 5 years and 10 months for complete liquidation, with a minimum period of 2 years and 2 months. With reference to insolvent national banks the affairs of which were finally closed during the 12-year period November 1, 1921, to October 31, 1933, excluding those banks restored to solvency and banks for which receivers were appointed for the purpose of completing unfinished business or enforcing stock assessments only, the average period of liquidation is found to have been 4 years and 10 months. Receiverships, year ended October 31, 1983 Of the 348 national banks for which receivers were appointed during the past year, none was restored to solvency, leaving the entire number of 348 banks to be administered by receivers. Of the 348 national banks so administered by receivers, 29 appointments were made for the purpose of completing unfinished business or enforcing stock assessments, leaving 319 banks to be actually liquidated by receivers. The capital of the 348 insolvent national banks for which receivers were appointed was $76,107,500. The capital of the 29 banks for which receivers were appointed to complete unfinished business or to enforce stock assessments was $3,735,000 and the capital of the remaining 319 banks to be actually liquidated by receivers was $72,372,500. Stock assessments levied by the Comptroller of the Currency to October 31, 1933, against shareholders of the 348 national banks administered by receivers, with capital of $76,107,500 amounted to $56,900,000, while the assets of such banks, including assets acquired KEPORT OF THE COMPTROLLER OF THE CURRENCY 31 subsequent to their failure, totaled $1,035,468,388. Collections from these assets, including offsets allowed and collections from stock assessments as reported by receivers to October 31, 1933, amounted to 23.31 percent of such assets and stock assessments. These collections and the disposition thereof were as follows: Liquidation statement, 3^8 administered receiverships year ended Oct. 31, 1933 Collections: Collections from assets, including offsets allowed Collections from stock assessments Unpaid balance Reconstruction Finance Corporation loans, _ Total . Disposition of collections: Dividends paid by receivers to unsecured creditors Dividends paid by receivers to secured creditors Distributions by conservators Payments to secured and preferred creditors other than through dividends Offsets allowed and settled „ Disbursements for the protection of assets Payment of receivers' salaries, legal and other expenses Payment of conservators' salaries, legal and other expenses... Cash balances in hands of Comptroller and receivers Total . $249, 570, 600 5, 033, 454 28, 630, 179 283, 234, 233 139, 105, 364 693, 790 39, 764, 893 57, 663, 102 25, 592, 724 1, 354, 320 2, 532, 923 643, 255 15, 883, 862 283, 234, 233 In addition to the above record, it is found that total secured and unsecured claims proved as reported by receivers to October 31, 1933, in connection with these banks aggregated $174,509,139. The outstanding circulation of the 348 receiverships at date of failure was $37,711,736, secured by United States bonds on deposit with the Treasurer of the United States of the par value of $39,120,550. Total deposits of these banks at date of failure amounted to $796,750,893, while borrowed money, consisting of bills payable, rediscounts, etc., totaled $83,496,229. Receiverships, 1865-1933 From the date of the first failure of a national bank in the year 1865 to October 31, 1933, 2,514 national banks have been placed in charge of receivers. Of this number, 117 have been restored to solvency and either reopened or sold to other institutions and one bank eliminated through revocation of the receiver's commission as of the date of issuance, leaving 2,396 to be administered by receivers. Of these so administered, 1,241 are still in process of liquidation and 1,155 have been entirely liquidated and the affairs thereof finally closed. The capital of the 2,514 insolvent national banks at the date of failure exclusive of the one bank eliminated through revocation of the receiver's commission was $325,425,505. The capital of the 117 banks that have been restored to solvency was $18,130,000. The capital of the 1,241 banks that are still in process of liquidation was $184,270,085, and the capital of the 1,155 banks that have been completely liquidated was $123,025,420. The aggregate book value of the assets of the 2,396 administered receiverships, including assets acquired after suspension, was $2,906,392,543, in addition to which there have been levied against shareholders assessments aggregating $245,613,325. Total collections from these assets as reported by receivers to October 31, 1933, including offsets allowed and collections from stock assessments, amounted to 41.94 percent of the total of such assets and stock assessments. These collections and the disposition thereof were as follows: 32 BEPORT OF THE COMPTROLLER OF THE CURRENCY Liquidation statement, 2,896 administered receiverships, 1865-1983 Collections: Collections from assets, including offsets allowed and for accounting purposes, dividends paid secured creditors of all trusts finally closed Oct. 1, 1924, to Oct. 31, 1929. _ $1, 231, 185, 283 Collections from stock assessments 90, 784, 540 Unpaid balance Reconstruction Finance Corporation loans. 37, 687, 694 Total , 1, 359, 657, 517 Disposition of collections: Dividends paid by receivers to secured and unsecured creditors on total secured and unsecured claims proved in the aggregate amount of $1,211,481,183 676, 584, 132 Distributions by conservators 39, 764, 893 Payments to secured and preferred creditors, including offsets allowed, disbursements for the protection of assets, and for all trusts finally closed from Oct. 1, 1924, to Oct. 31, 1929, dividends paid secured creditors 539, 049, 119 Payment of receivers' salaries, legal and other expenses-__ 59, 124, 701 Payment of conservators' salaries, legal and other expenses. 643, 255 Cash returned to shareholders 4, 629, 630 Cash balances with the Comptroller and receivers 39, 861, 787 Total! 1, 359, 657, 517 In addition to this record of distribution there have been returned to shareholders, through their duly elected agents, assets of a book value of $16,621,742. The outstanding circulation of these 2,396 receiverships at date of failure was $138,122,022, secured by United States bonds on deposit with the Treasurer of the United States of the par value of $143,714,470, while total deposits at date of failure amounted to $1,932,605,298. Active receiverships as of October 31, 1933 The 1,241 banks that were, as of October 31, 1933, still in charge of receivers and in process of liquidation had assets, including assets acquired subsequent to their failure, aggregating $2,168,456,988. The capital of these banks was $184,270,085, and there had been levied by the Comptroller of the Currency to October 31, 1933, stock assessments against their shareholders in the amount of $161,987,585. The collections from these assets, including offsets allowed and collections from stock assessments, as reported by receivers to October 31, 1933, amounted to 35.74 percent of such assets and stock assessments. These collections and the disposition thereof were as follows: Liquidation statement, 1,241 active receiverships as of Oct. 81, 1933 Collections: Collections from assets, including offsets allowed $791, 547, 489 Collections from stock assessments 49, 413, 867 Unpaid balance Reconstruction Finance Corporation loans 37, 687, 694 Total 878, 649, 050 Disposition of collections: Dividends paid by receivers to unsecured creditors 394, 826, 441 Dividends paid by receivers to secured creditors 12, 331, 678 Distributions by conservators 39, 764, 893 Payments to secured and preferred creditors, other than through dividends _" 266, 509, 390 Offsets allowed and settled 89, 535, 850 Disbursements for protection of assets 8, 081, 903 Payment of receivers' salaries, legal and other expenses 27, 093, 853 Payment of conservators' salaries, legal and other expenses 643, 255 Cash balances in hands of Comptroller and receivers 39, 861, 787 Total 878, 649, 050 REPORT OF THE COMPTROLLER OF THE CURRENCY 33 In addition to the above record, it is found that total secured and unsecured claims proved against these 1,241 receiverships as of October 31, 1933, aggregated $807,747,297. The outstanding circulation of the 1,241 receiverships at date of failure was $88,584,262, secured by United States bonds on deposit with the Treasurer of the United States of the par value of $90,640,560. Total deposits of these banks at date of failure amounted to $1,540,081,561, while borrowed money consisting of bills payable, rediscounts, etc., totaled $254,055,306. Receiverships terminated, 1865-193.3 From the date of the first failure of a national bank in 1865 to the close of business October 31, 1933, 1,272 receiverships have been administered and the trusts closed or the affairs thereof restored to solvency. Included in this number are the 117 banks restored to solvency, 8 in 1933, and 69 the affairs of which were finally closed during the year 1933. The 1,155 banks administered by receivers had assets, including assets acquired subsequent to their failure, aggregating $737,935,555. The capital of these 1,155 banks was $123,025,420, and there were levied by the Comptroller of the Currency stock assessments against their shareholders in the amount of $83,625,740. The collections from these assets, including offsets allowed and collections from stock assessments, as indicated by receivers' final reports, amounted to 58.54 percent of such assets and stock assessments. These collections and the disposition thereof were as follows: Liquidation statement, 1,155 administered receiverships, finally closed, 1865-1983 Collections: Collections from assets, including offsets allowed and for accounting purposes, dividends paid secured creditors of all trusts finally closed Oct. 1, 1924, to Oct. 31, 1929 Collections from stock assessments Total Disposition of collections: Dividends paid to secured and unsecured creditors, on total secured and unsecured claims proved in the aggregate amount of $403,733,886 Payments to secured and preferred creditors, including offsets allowed, disbursements for the protection of assets, and for all trusts finally closed Oct. 1, 1924, to Oct. 31, 1929, dividends paid secured creditors Payment of receivers' salaries, legal and other expenses Cash returned to shareholders '. Total $439, 637, 794 41, 370, 673 481, 008, 467 269, 426, 013 174, 921, 976 32, 030, 848 4, 629, 630 481, 008, 467 In addition to this record of distribution, there were returned to shareholders, through their duly elected agents, assets of a book value of $16,621,742. From the above it will be noted that the average percentage of all dividends paid on the aggregate of secured and unsecured claims proved against the 1,155 receiverships that have been finally closed, but not including the 117 restored to solvency which paid 100 percent, was 66.76 percent. If payments to secured and preferred creditors, offsets, and other disbursements, as indicated above, were included with the dividends paid in this calculation, the total disbursements to creditors would amount to $444,347,989 or 76.79 percent of claims Digitized forproved FRASERplus other liabilities paid but not included in the figure above 34 REPORT OF THE COMPTROLLER OF THE CURRENCY of proved claims, or $578,655,862. In making the above calculations of percentages of payments to secured and preferred creditors no consideration has been given to those liabilities to creditors not claimed, as well as secured claims which were proved and upon which dividends were paid but which were subsequently eliminated from the total of claims proved by reason of having been paid in full out of the proceeds of collateral collections. The consideration of such unclaimed items, together with secured claims proved but not included in the total thereof set out in the table above, would reduce somewhat the percentages of payments to creditors as given. Expenses incident to the administration of the 1,155 closed trusts, such as receivers' salaries, legal and other expenses, amounted to $32,030,848 or 3.90 percent of the book value of the assets and stock assessments administered, or 6.66 percent of collections from assets and stock assessments. The assessments against shareholders averaged 67.97 percent of their holdings and the total collections from such assessments as were levied were 49.47 percent of the amount assessed. The outstanding circulation of these 1,155 closed receiverships at date of failure was $49,537,760, secured by United States bonds on deposit with the Treasurer of the United States of the par value of $53,073,910, while total deposits at date of failure amounted to $392,523,737. Receiverships terminated, year ended October SI, 1938 During the year ended October 31, 1933, 69 receiverships were finally closed, 8 receiverships were restored to solvency and either reopened or sold to other institutions and one bank was eliminated as a receivership "through revocation of the receiver's commission as .of the date of issuance. The 69 receiverships finally closed had assets, including assets acquired subsequent to their failure, aggregating $50,954,827. The capital of these 69 banks was $6,255,000 and assessments against shareholders levied by the Comptroller of the Currency aggregated $4,730,000. The collections from these assets, including offsets allowed and collections from stock assessments as indicated by receivers' final reports, amounted to 57.12 percent of such assets and stock assessments. These collections and the disposition thereof were as follows: Liquidation statement, 69 administered receiverships finally closed year ended Oct. 81, 1933 Collections: Collections from assets, including offsets allowed $28, 986, 801 Collections from stock assessments 2, 817, 709 Total , 31, 804, 510 Disposition of collections: Dividends paid to unsecured creditors 15, 984, 882 Dividends paid to secured creditors 691, 330 Payments to secured and preferred creditors, other than through dividends 9, 472, 045 Offsets allowed and settled 3, 271, 364 Disbursements for the protection of assets 227, 131 Payment of receivers' salaries, legal and other expenses 2, 157, 758 Total 31, 804, 510 Total secured and unsecured claims proved against these 69 receiverships finally closed aggregated $27,555,739. From the above it will be noted that the average percentage of all dividends paid on the aggregate of secured and unsecured claims KEPORT OF THE COMPTROLLER OF THE CURRENCY 35 proved against the 69 receiverships that were finally closed during the year ended October 31, 1933, but not including the 8 banks restored to solvency which paid 100 percent, was 60.18 percent. If payments to secured and preferred creditors, offsets, and other disbursements, as indicated above, were included with the dividends paid in this calculation, the total disbursements to creditors would amount to $29,646,752, or 73.15 percent of the total of claims proved plus other liabilities paid but not included in the figure above of proved claims, or $40,526,279. I t may also be of interest to note that tne average percentage of dividends paid unsecured creditors, to deposits at date of failure of the 69 receiverships that were finally closed during the year ended October 31, 1933, but not including the 8 banks restored to solvency which paid creditors 100 percent, was 53.41 percent. The average percentage of dividends paid secured creditors, to total borrowed money, consisting of bills payable, rediscounts, etc., at date of failure of the 69 receiverships amounted to 7.84 percent. The inclusion of offsets allowed with dividends paid to unsecured creditors gives total payments of $19,256,246, or an average total return upon deposits at date of failure of 64.34 percent, while all payments to all creditors, consisting of offsets, dividends paid on both deposits and borrowed money, and other payments on secured and preferred liabilities amounted to $29,419,621, or an average total return of 75.95 percent upon all liabilities at date of failure in the amount of $38,738,156. In making the above calculations no consideration has been given to additional secured and unsecured liabilities of the 69 receiverships established subsequent to failure, the inclusion of which would reduce somewhat the percentages given. Expenses incident to the administration of these 69 trusts, such as receivers' salaries, legal and other expenses, amounted to $2,157,758, or 3.87 percent of the book value of the assets and stock assessments administered, or 6.78 percent of collections from assets and stock assessments. The assessments against shareholders averaged 75.62 percent of their holdings and the total collections from such assessments as were levied were 59.57 percent of the amount assessed. The outstanding circulation of the 69 receiverships at date of failure was $2,713,750, secured by United States bonds on deposit with the Treasurer of the United States, of a par value of $2,856,250. Total deposits of these banks at date of failure amounted to $29,929,256,^ while borrowed money, consisting of bills payable, rediscounts, etc., totaled $8,808,900. Summary The financial operations of the Division of Insolvent National Banks for the period October 1,1932, to September 30 1933, inclusive, were as follows: Liquidation statement, summary for year ended Oct. 31, 1933 Collections: Cash on hand with Comptroller and receivers, Oct. 1, 1932___ Collections from assets during the year, including offsets allowed Collections from stock assessments Increase in unpaid balance Reconstruction Finance Corporation loans Total. $48, 573, 629 341, 762, 483 14, 915, 667 26, 027, 181 431,278,960 36 REPORT OF THE COMPTROLLER OF THE CURRENCY Liquidation statement, summary for year ended Oct. 31, 1933—Continued Disposition of collections: Dividends paid by receivers to unsecured creditors $207, 793, 542 Dividends paid by receivers to secured creditors 4, 145, 935 Distributions by conservators 39, 764, 893 Payments to secured and preferred creditors, other than through dividends 91, 283, 015 Offsets allowed and settled 33, 840, 173 Disbursements for protection of assets 3, 156, 893 7 Receivers salaries, legal and other expenses 10, 789, 467 Conservators' salaries, legal and other expenses 643, 255 Cash on hand with Comptroller and receivers Sept. 30, 1933._ 39, 861, 787 Total . 431, 278, 960 It will be observed from the above table that the percentage of costs for all operations to collections from assets and stock assessments, including offsets allowed, year ended September 30, 1933, was but 3.2 percent. Table showing summary of status, progress, and results of liquidation of all national banks placed in hands of receivers from the date of the first national bank failure in year 1865 to Oct. 81, 1933 Closed Active receiverships, receiverships, 1,155 * 1,241 Total, 2,396 * $737,935,555 $2,168,456,988 $2,906,392,543 Total assets taken charge of by receivers Disposition of assets: 791,547,489 439,637,794 Collected from assets and offsets allowed 1,231,185,283 102,927,606 Loss on assets compounded or sold under order of court- 281,676,019 384,603,625 Book value of assets returned to shareholders' agents.. 16,621,742 16,621,742 "Rook value of reTn*viiiing assets Total Collected from assets and offsets as above Collected from stock assessments Unpaid balance Reconstruction Finance Corporation loans. Total Disposition of collections: Dividends paid by receivers..^ Distributions by conservators _ Secured and preferred liabilities paid, including offsets allowed Receivers' salaries, legal and other expenses Conservators' salaries, legal and other expenses Amount returned to shareholders in cash Cash balances with the Comptroller and receivers TotalCapital stock at date of failure United States bonds held at failure to secure circulating notes . United States bonds held to secure circulation, sold and circulation redeemed Circulation outstanding at failure Amount of assessment upon shareholders ._ _ Deposits at date of failure ..__ Borrowed money (bills payable, rediscounts, etc.) at date of failure . . Claims proved _. _. . 1,273,981,893 1,273,981,893 737,935,555 "2,168,456,988 2,906,392,543 439,637,794 41,370,673 791,547,489 49,413,867 37,687,694 878,649,050 1,231,185,283 90, 784, 540 37,687,694 1, 359, 657, 517 $269,426,013 $407,158,119 39, 764,893 $676,584,132 39,764,893 174,921,976 32,030,848 364,127,143 27,093,853 643,255 539,049,119 59,124,701 643,255 4, 629,630 39,861,787 1,359,657,517 481,008,467 4,629,630 481,008,467 39,861,787 878,649,050 2141,155,420 184,270,085 53,073,910 90,640,560 143,714,470 53,073,910 49,537,760 83,625,740 392,523,737 56,647,610 88,584,262 161,987,585 1,540,081,561 109,721,520 138,122,022 245,613, 325 1.932,605,298 403,733,886 254,055,306 807,747,297 1,211,481,183 a 325,425,505 1 Does not include 117 banks restored to solvency and 1 bank in connection with which the receiver's commission was revoked as of date of issuance. 2 3 Includes capital stock of 117 banks restored to solvency. Data not available. Data relative to the capital, date of appointment of receivers, and percent of dividends paid to creditors of 69 insolvent national banks the affairs of which were finally closed, 8 insolvent national banks the affairs of which were restored to solvency, and 1 bank eliminated as a receivership through revocation of the receiver's commission, during the year ended October 31, 1933, appear in the following table: REPORT OF THE COMPTROLLER OP THE CURRENCY 37 National bank receiverships the affairs of which were finally closed or restored to solvency during the year ended Oct. SY, 1933 Trust no. Location Title Date receiver appointed Percent Capital dividends paid to creditors Abbeville, Ala Henry National Bank Aug. 16.1929 $50,000 6.66 First National Bank Alma, Wis Nov. 7.1924 26,000 32.68 Alta, Iowa .do. Dec. 3.1926 50,000 70.80 Central National Bank._ __ Mar. 29.1930 100, 000 Bartlesville, Okla 106. 28 Bend, Oreg First National Bank _ Apr. 29,1927 100, 000 46.04 Bentleyville, Pa__ Farmers & Miners National Bank. Oct. 29.1931 100, 000 * 100 B oyceville, Wis First National Bank... Jan. 18.1927 25,000 76.5 Britt, Iowa do. Feb. 1.1927 50,000 48.27 Buckhannon, W.Va.-. Traders National Bank.. Oct. 29,1931 50, 000 i 100 Burlington, N.C First National Bank Dec. 24,1931 100, 000 2 100 Coalgate, Okla do. Feb. 27.1924 100,000 10.81 Stockmen's National Bank. Columbus, Mont Jan. 7.1925 50,000 30.8 Cherokee, Iowa First National Bank Jan. 31,1931 100,000 3 100 4 Deer Creek, Minn do. Dec. 2,1930 25, 000 90. 6 Denton, Tex Exchange National Bank. Dec. 26.1928 100,000 100.88 Do First National Bank Aug. 15,1928 50,000 76.74 De Smet, S.Dak De Smet National Bank... July 6.1926 50, 000 57.43 First National Bank El Paso, 111 Dec. 21.1931 100,000 «103. 57 Erskine, Minn Mar. % 1929 do 25, 000 41.5 Farmersville, Tex Aug. 6,1930 .do. 50,000 * 87. 38 4 Farmland, Ind Nov. 3.1928 .do. 40,000 30 Fayette City National Bank. Fayette City, Pa July 28.1927 75,000 25.5 Fountain, Colo Aug. 1,1930 First National Bank 25,000 37.17 Frankfort, S.Dak Apr, 12,1926 do25,000 13. 553 National Bank of FranklinFranklin, Tenn Oct. 18.1926 100,000 51.27 Commercial National BankGreenville, Tex Apr. 6,1925 150,000 65.39 4 First National Bank Do Jan. 11.1928 150,000 61.27 Griswold, Iowa Griswold National Bank Dec. 13.1929 50,000 102. 32 Hallock, Minn First National Bank Oct. 16.1925 60,000 42.5 Harlan, Ky Citizens National Bank Jan. 19.1932 100,000 i 100 Hartington, Nebr Hartington National Bank.. Nov. 13,1928 40,000 61.1 4 Hedrick, Iowa First National Bank Apr. 24.1925 25,000 .6 High Bridge, N.J Mar. 30,1932 do50,000 i4 100 American National Bank. Mar. 25.1931 Honey Grove, Tex 100,000 95. 78 Hope, N.Dak First National Bank Dec. 12.1927 50,000 83.469 Inwood, Iowa Sept. 6.1927 do 50,000 50.15 Joseph, Oreg June 14.1923 25,000 10.65 .doKearney, Nebr __. City National Bank in.. May 14,1927 150,000 50.85 La Grande, Oreg First National Bank Oct. 22.1932 125,000 (6) Lake Worth, Fla Apr. 2,1927 do. 100,000 47.72 Lamar National Bank Lamar, S.C Nov. 9,1928 25,000 32.3 Farmers National Bank— La Moure, N.Dak Feb. 25.1926 50,000 60.95 First National Bank Lepanto, Ark Mar. 25.1927 35,000 31.25 Lidgerwood, N.Dak-— Farmers National Bank in. Sept. 21.1926 25,000 62.34 4 First National Bank Litchfield, Minn Jan. 14,1931 75,000 20.146 doLometa, Tex Aug. 18.1930 25,000 36.6 National Bank of Lumpkin. Lumpkin, Ga Dec. 7.1929 25,000 17.25 Manilla National Bank 25,000 58.5 Manilla, Iowa Oct. 20,1925 First National Bank Manning, S.C Dec. 14.1927 50,000 22.07 .do. 200,000 83.50 Marshall town, Iowa June 11.1928 Security National Bank... Mason City, Iowa Dec. 29.1925 100,000 83.15 Commercial National Bank 250,000 . 57.915 Miles City, Mont Feb. 15.1924 National Tradesmen's Bank 500,000 UOO New Haven, Conn July 7,1932 Trust Co. 1358 Norris City, 111 Mar. 31.1930 25,000 81.65 First National Bank 1852 Painted Post, N.Y Dec. 17.1931 25,000 U00 Painted Post National Bank.... 1075 Plattsmouth, Nebr Dec. 21.1926 50,000 51.07 First National Bank 620 Pocatello, Idaho June 11,1921 100, 000 17.5 Bannock National Bank 1096 Red Lake Falls, Minn- Farmers National Bank Jan. 24.1927 25,000 56.8 1310 Red Oak, Iowa Oct. 14.1929 60,000 82.48 do824 Rochester, N.Y June 21,1924 1, 500, 000 _. National Bank of Commerce2029 Santa Anna, Tex M a y 24.1932 State National Bank 50,000 * 21.13 July 30,1923 696 Sapulpa, Okla First National Bank 100,000 24.9 May 6,1932 2021 Seymour, Ind 100,000 4 43. 824 .—do Mar. 29,1927 1125 Sheldon, Iowa 150,000 86.06 4 Nov. 19.1930 1426 Siloam Springs, Ark— 50,000 52. 5 .do 1 Restored to solvency. 2 103.5 percent principal and interest in full paid nonassenting creditors by Comptroller's checks and 1003 percent principal paid assenting creditors by purchasing bank in accordance with agreements. 100 percent principal paid nonassenting creditors by Comptroller's checks and 100 percent principal paid 4 assenting creditors by purchasing bank in accordance with agreements. Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to6complete unfinished liquidation. 6103.57 percent principal and interest in full paid through or by purchasing bank. Eliminated as an insolvent national bank through revocation of the receiver's commission as of the date of issuance. 1305 850 1065 1357 1133 1802 1092 1100 1781 1869 776 867 1509 1438 1254 1226 1010 1855 1272 1390 1236 1153 1386 995 1036 905 1188 1318 943 1905 1238 912 2006 1539 1180 1161 689 W38 2159 1130 1237 984 1122 1030 1497 1394 1316 945 1181 1221 971 763 2087 38 REPOET OF THE COMPTROLLER OF THE CURRENCY National bank receiverships the affairs of which were finally closed or restored to solvency during the year ended Oct. 31, 1933—Continued Trust no. Location 1051 1148 1541 1206 1175 1759 1903 1029 1154 1275 1567 1860 1230 Spencer, Iowa. do. Springfield, Minn Springfield, Mo Stockton, Kans Terra Alta, W.Va Union City, Pa Veblen, S.Dak Webster, Pa West Alexandria, Ohio. Winnfield, La Wisconsin Rapids, Wis. Woonsocket, R.I Title Citizens National Bank. First National Bank do. New First National Bank in. National State Bank First National Bank Home National Bank First National Bank do .do. .doCitizens National Bank. do Percent Date receiver Capital dividends appointed paid to creditors Nov. June Mar. Mar. Nov. Oct. Jan. Sept. Aug. Mar. Apr. Dec. Sept. 19.1926 25.1927 26,1931 17.1928 14.1927 20.1931 19.1932 18,1926 8,1927 13.1929 30,1931 22,1931 18.1928 $100,000 150,000 40,000 125,000 50,000 25,000 50,000 40,000 25,000 40,000 25,000 100,000 100,000 65.25 92.817 *74.4 36.41 55.65 U00 U00 72.27 52.44 96.31 *100 * 70.835 72.94 iRestored to solvency. * Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. State bank failures, District oj Columbia In addition to national bank receiverships during the year ended October 31, 1933, receivers were appointed hy this office during such period for two State banks located in the District of Columbia. One of these banks had operated under a charter from the State of Alabama and the other had been incorporated under the laws of the District of Columbia. The appointments of receivers for these banks were made under authority granted by existing legislation permitting banks incorporated under the laws of the District of Columbia and banks with State charters to operate in the District of Columbia under supervision of the Comptroller of the Currency. Total assets of these two State bank receiverships, including assets acquired subsequent to their failure, aggregated $4,869,203. The capital of these banks was $1,100,000 and assessments against shareholders levied by the Comptroller of the Currency to October 31, 1933, aggregated $100,000. The six State banks located in the District of Columbia that were as of October 31,1933, still in charge of receivers appointed by the Comptroller of the Currency and in process of liquidation had assets, including assets acquired subsequent to their failure, aggregating $9,148,397. The capital of these banks was $1,512,890 and there had been levied by the Comptroller of the Currency to October 31, 1933, stock assessments against their shareholders in the amount of $512,890. The collections from these assets, including offsets allowed and collections from stock assessments as reported by receivers to October 31,1933, amounted to 19.22 percent of the total of such assets and stock assessments. These collections and the disposition thereof were as follows: Liquidation statement, 6 active receiverships as of Oct. 31, 1933 Collections: Collections from assets, including offsets allowed $1, 740, 703 Collections from stock assessments 115, 614 Unpaid balances of Reconstruction Finance Corporation loans. 73, 900 Total 1, 930, 217 EEPORT OF THE COMPTROLLER OF THE CURRENCY 39 Liquidation statement, 6 active receiverships as of Oct. 31, 1983—Continued Disposition of collections: Dividends paid to unsecured creditors $1, 027, 829 Dividends paid to secured creditors 18, 140 Payments to secured and preferred creditors other than through dividends 354, 698 Offsets allowed and settled 233, 719 Disbursements for protection of assets 59, 618 Payment of receivers' salaries, legal and other expenses.91, 934 Cash balances in hands of Comptroller and receivers 144, 279 Total 1, 930, 217 In addition to the above record, it is found that total secured and unsecured claims proved against these 6 District of Columbia State bank receiverships as of October 31, 1933, aggregated $2,935,272, total deposits $6,507,785 and borrowed money, consisting of bills payable, rediscounts, etc., $2,020,588. 32460°—34 ORGANIZATION AND LIQUIDATION OF NATIONAL BANKS At the close of the current year, October 31, 1933, there were 5,799 national banking associations in existence, including inactive banks which had not gone into voluntary liquidation, suspended banks, and banks in charge of conservators for which no receivers had been appointed. Such institutions are technically in existence. This represents a net loss since October 31, 1932, of 305 banks, or approximately 5 percent, and $58,772,000 in the authorized common capital stock. However, at the close of the period under discussion there was outstanding $80,072,400 of preferred capital stock issued under the provisions of the act of March 9, 1933. During the current year 53 banks increased their common capital by the aggregate sum of $8,980,850. Of this number, three banks effected the increase by stock dividends, the amount of such increase being $260,000. During this period, by the issuing of preferred stock, 166 banks increased their capitalization by $48,739,100. Covering the entire period of national banking operations, up to and including October 31, 1933, there have been authorized to begin business 13,820 national banking associations. Of these, 5,625 have voluntarily closed, some of whjlch discontinued business; others merged with other banks, both State and national; and some consolidated with other national banking associations under authority of the act of November 7, 1918. Exclusive of banks which failed but which were subsequently restored to solvency, the loss to the system throughout this entire period by the liquidation of banks through receiverships has been 2,396, the number of these receiverships being a fraction less than 17.34 percent of the total number of banks organized. During the year ended October 31, 1933, there were 155 national banks, with total capitalization of $26,805,000, which went into voluntary liquidation. Of this number 6, with capital of $1,025,000 and resources of $2,941,307, discontinued business; 93, with capital of $18,775,000 were acquired by other national banks; and 56, with capital of $7,005,000 and resources of $55,312,342, entered the State banking systems. The latter group included 3 banks of $300,000 capital or over, with aggregate capital of $2,950,000 and assets of $20,207,377. November 1914 marked the inauguration of the operation of the Federal Reserve System. On that date there were in existence 7,578 national banks, with aggregate common capital of $1,072,492,175, as compared with a total common capitalization of $1,587,047,825 for the 5,799 national banks in existence on October 31, 1933; 235 of the national banks in existence took advantage of the act of March 9, 1933, by issuing preferred capital stock aggregating $80,072,400. There was a net decrease of 1,779 in the number of banks, but an increase in common capitalization of $514,555,650 in addition to preferred capitalization of $80,072,400. During this 19-year period 3,168 national banks were chartered, with aggregate common capital of $507,119,800 and a preferred capital of $31,347,000, while 4,947 such associations were closed voluntarily or otherwise. 40 REPORT OF THE COMPTROLLER OF THE CURRENCY 41 During the year ended October 31, 1933, there were received 509 applications to organize national banks and to convert State banks into national banking associations, with proposed capital stock of $147,616,000. Of these applications, 238 were approved, with proposed capital stock of $111,099,000; 44 were rejected, with proposed capital stock of $4,270,000; and the remainder were abandoned or no action was taken thereon. Of the 150 banks chartered, 50 were chartered to take over 52 banks which were in weakened condition, while 71 others were organized to acquire the assets and assume the liabilities of 75 suspended national banks and 7 State banks in charge of conservators or for which receivers were appointed. Only 29 of this total number of applications were approved for the primary organization of new national banking associations. In this same year 176 national banking associations, with common capital of $43,414,500, were authorized to begin business, 20 of which were located in the New England States, 22 in the Eastern States, 53 in the Southern States, 65 in the Middle Western States, 9 in the Western States, and 7 in the Pacific States. During this period 69 of the banks chartered had in addition to their common capitalization preferred capital stock aggregating $31,347,000. The greatest activitity, as indicated by the number of national banks organized, was evidenced in the following States: Illinois, 23; Texas, 22; Pennsylvania, 13; Michigan, 11; Maine, 10; Ohio, 9; Iowa, 8; Indiana, 6; Louisiana, 6; Maryland, 6; Oklahoma, 6; North Carolina, 5; Vermont, 4. In other States the number ranged from 1 to 3 banks. I t further appears that of the total number of charters issued within the year ended October 31, 1933, 12 with authorized common capital of $3,010,000 and preferred capital of $300,000 and resources aggregating approximately $40,933,287, were the result of conversions of State banks, 14 with common capital of $5,605,000 and preferred capital of $4,050,000 were reorganizations of 16 State banks, and 121 with common capital of $21,639,500 and preferred capital of $12,652,000 were primary organizations for the purpose of acquiring the business of 127 liquidating or suspended national banks and 7 State banks, and 29 with common capital of $13,160,000 and preferred capital of $14,345,000 did not acquire the business of any other banking institution. The business of 56 State banks, with capital of $4,195,000 and assets aggregating approximately $77,672,105, was purchased by national banks. During the year ended October 31, 1933, 20 national banking associations were consolidated into 10, under authority of the act of November 7, 1918, the capital of the consolidated banks being $3,340,000. In each instance there was a reduction in capital, the net result by reason of these consolidations being a reduction in capital stock of $2,765,000. During the same period there were six consolidations under the act of February 25, 1927, involving the merger of six State banks with national banks, through which additional assets of approximately $204,437,091 were brought into the national system. BRANCHES On February 25, 1927, the date of the passage of the so-called McFadden bill, there were in existence in the national system 372 branches as compared with a total of 1,211 branches in existence on October 31, 1933. 42 REPORT OF THE COMPTROLLER OF THE CURRENCY During the intervening period 1,538 branches have been added to the system, of which 721 were de novo branches, 307 were branches of State banks which converted into national associations, and 510 were brought into the national system through consolidations of State with national banks, while 699 branches were relinquished, of which latter number 500 went out of the system through the liquidation of the parent institutions, and the remainder, 199, were discontinued through consolidations and for various other reasons. The net result of these operations was a loss for the national system of 103 branches for the period under discussion. In the year ended October 31, 1933, a net loss of 103 branches in existence was recorded, 164 de novo branches being established, 58 of which were authorized under the Banking Act of 1933 in places other than local. There were no branches brought into the system during this period through the conversion of State banks, or the consolidation of State banks with national banks. Two hundred sixty-seven branches were lost to the national system, 241 through liquidation of the parent bank and 26 through action of the directors and shareholders. There follows a summary of branch-banking operations in the national system during the period discussed in the foregoing: Table showing number and kind of branches on Feb. 25, 1927, and number and manner of acquisition of additional branches of national banks by years to close of Oct. 31, 1983 Closed Authorized Conversions of State banks On Feb. 26, 1927 Period ended Oct. 31, 1927 Year ended Oct. 31, 1928 Year ended Oct. 31, 1929 Year ended Oct. 31, 1930 Year ended Oct. 31, 1931 _ Year ended Oct. 31, 1932 Year ended Oct. 31, 1933 Under act Feb. 25, 1927, as amended Involun- Volun- Lapsed In ex* Consoliliq- tary liq- or con- ence dations Total tary soliuidauidaof State Local city Other than dated tions tions banks branches local city branches 372 104 127 527 62 103 173 20 60 992 2 82 89 173 86 18 1,061 165 472 899 5 86 92 32 35 1,086 95 50 145 15 2 30 1,184 162 102 264 17 87 30 1,314 26 1,211 199 1,211 1 Total 372 207 296 g 510 106 58 164 241 870 58 1,910 273 227 Table showing number and kind of branches authorized and closed during the year ended Oct. 31, 1933 Classes _. (a | Statutory|6 Additional offices, c branches.. Millspaugh Act ry i> v, /"local O branches( o t h e r t h a n Author- Closed during the year ended ized Oct. 31,1933 during year ended Share- DirecOct. holders tors Lapsed Insolvent 31, 1933 388 10 2 165 /\ 482 185 202 97 4 2 5 5 342 106 20 44 58 372 1,314 164 2 24 241 In operation Feb. 25, 1927 . local Total ._ In existence Oct. 31, 1932 Total in existence Oct. 31, 1933 376 297 91 5 384 58 1, 211 REPORT OP THE COMPTROLLER OF THE CURRENCY 43 Table showing number and manner of acquisition of domestic branches of national banks during the year ended Oct. 31, 1988 Branches authorized during the year ended Oct. 31, 1933 Charter No. Under act Feb. 25, 1927, as amended Title and location Total Local 22645 13044 Other than local The Seaboard National Bank of Los Angeles Bank of America National Trust and Savings Association, San Francisco CONNECTICUT 335 The First National Bank and Trust Company of Bridgeport DISTRICT OF COLUMBIA 13782 5046 Hamilton National Bank of Washington The Biggs National Bank of Washington. _ IDAHO 1668 The First National Bank of Idaho, Boise INDIANA 13759 47 American National Bank at Indianapolis Terre Haute First NationalLOUISIANA Bank, Terre Haute , 13688 The Hibernia National Bank in New Orleans 13689 The National Bank of Commerce in New Orleans 3069 Whitney National Bank of New Orleans _. MARYLAND 13745 Baltimore National Bank, Baltimore _ MASSACHUSETTS 5155 614 1014 4907 7595 8703 13738 13671 The National Shawmut Bank of Boston The Lechmere National Bank of East Cambridge, Cambridge. _. Bay State Merchants National Bank of Lawrence Springfield National Bank, Springfield Worcester County National Bank of Worcester Guardian National Bank of Commerce of Detroit. The Manufacturers National Bank of Detroit National Bank of Detroit _ NEW JERSEY 5005 The Rutherford National Bank, Rutherford.... NEW YORK 1262 2370 13237 The New York State National Bank of Albany The Chase National Bank of the City of New York.. The Dunbar National Bank of New York 13761 Security National Bank of Greensboro NORTH CAROLINA OHIO 4318 Central United National Bank of Cleveland. 786 5065 The National City Bank of Cleveland The Ohio National Bank of Columbus OREGON 1553 The First National Bank of Portland. 4514 The United States National Bank of Portland. 12 44 REPORT OF THE COMPTROLLER OF THE CURRENCY Table showing number and manner of acquisition of domestic branches of national banks during the year ended Oct. 31, 1933—Continued Branches authorized during the year ended Oct. 31, 1933 Charter No. Under act Feb. 25, 1927, as amended Title and location Local Other than local Total TENNESSEE 13349 Union Planters National Bank & Trust Company of Memphis. TERRITORY OF HAWAII 5550 Bishop First National Bank of Honolulu UTAH The First National Bank of Salt Lake City VERMONT 13685 The Windsor County National Bank of Windsor VIRGINIA 9885 National Bank of Commerce of Norfolk.. WASHINGTON 11280 4375 12292 First National Bank of Seattle The National Bank of Commerce of Seattle The Puget Sound National Bank of Tacoma Total (38 banks). _._ 106 58 164 Table showing number and class of domestic branches of national banks closed during the year ended Oct. 31, 1933 Branches closed Charter no. Title and location Manner of closing Branches under act of Feb. 25, 1927, as amended Additional Branches offices authorwhich ized became since branches Feb. 25, Feb. 25, 1927 1927 State bank branches in operation Feb. 25, Total 1927, which were converted or consolidated CALIFORNIA 9502 12579 Central National Bank of Oakland. Receiver Pacific National Bank of San Fran Board of directors cisco. 10316 Federal-American National Bank Receiver and Trust Company of Washington. 1 1 1 1 DISTRICT OB COLUMBIA > 2 2 « GEORGIA 1559 The First National Bank of Atlanta. Board of directors 2 2 1 1 KENTUCKY 4765 The Newport National Bank, Newport. do MARYLAND 1413 The First National Bank of Balti- more. do _ 1 1 MASSACHUSETTS 200 The First National Bank of Boston . Shareholders 1 1 45 REPORT OP THE COMPTROLLER OF THE CURRENCY Table showing number and class of domestic branches of national banks closed during the year ended Oct. 31, 1933—Continued Branches closed Charter no. Title and location Manner of closing Branches under act State of Feb. 25, 1927, bank as amended branches in operation Addi25, Total tional Branches Feb. 1927, offices authorwhich which ized were conbecame since verted branches Feb. 25, or conFeb. 25, 1927 solidated 1927 MICHIGAN 10527 8703 3293 1533 13600 /Board of directors.. First National Bank-Detroit \Receiver Guardian National Bank of Com__do merce of Detroit. Grand Rapids National Bank, _do. Grand Rapids. Union & Peoples' National Bank _doof Jackson. The First National Bank of _do. Pontiac. 154 29 NEW JERSEY 2527 6884 1444 5215 The Atlantic City National Bank, -doAtlantic City. Chelsea-Second National Bank and -do. Trust Co. of Atlantic City. The First National Bank of Board of directors. Hoboken. The First National Bank of Perth do Amboy. NEW YORK 2370 9955 1461 11034 The Chase National Bank of the . — d o . . . City of New York. The Harriman National Bank and Receiver . Trust Company of the City of New York. The National City Bank of New Board of directors. York. The Public National Bank and Trust Company of New York. OHIO 2604 Central United National Bank of Cleveland. The Winters National Bank and Trust Company of Dayton. 4514 The United States National Bank of Portland. 13180 City National Bank of Philadelphia. The Reading National Bank and Trust Company, Reading. 10708 The Atlantic National Bank of Charleston. The Central National Bank of Spartanburg. 4318 Board of directors.. do _do. PENNSYLVANIA .do SOUTH CAROLINA 4996 ___.do__. Receiver. TENNESSEE 2049 13349 The East Tennessee National Bank of Knoxville. Union Planters National Bank & Trust Company of Memphis. .doShareholders VIRGINIA 4365 The First National Bank of Newport News. Total (30 banks) Board of directors. 64 197 46 REPORT OF THE COMPTROLLER OF THE CURRENCY NATIONAL-BANK CIRCULATION Consols and Panama 2% bonds outstanding eligible as security for national-bank circulation on June 30, 1933, aggregated $674,625,630, the same as on June 30 of the year previous, comprising $599,724,050 consols of 1930, $48,954,180 Panama Canal 2's of 1916-36, and $25,947,400 Panama Canal 2's of 1918-38. On June 30 of the current year the Treasurer of the United States held as security lor nationalbank circulation $565,944,300 of consols and $68,208,480 Panama Canal 2's, a total of $634,152,780, representing 94 percent of the aggregate of these classes of circulation bonds outstanding. The circulation of national banks outstanding on June 30 this year, secured by all classes of eligible bonds and lawful money, amounted to $970,601,088. Of this amount $853,935,968 was secured by bonds and the remainder, $116,665,120, by lawful money held by the Treasurer to provide for the redemption of the notes of banks retiring their circulation and on account of associations in liquidation. Statement of capital stock of national banks, national-bank notes and Federal Reserve bank notes outstanding, bonds on deposit, etc. July 1, 1933 Authorized capital stock of national banks, common Paid-in capital stock of national banks, common June 1, 1933 $1,597,369,675 $1, 599,853,325 1, 597, 343, 245 1, 599,804, 395 Increase or decrease since above date Increase of authorized capital stock, commonDecrease of authorized capital stock, common. Increase of paid-in capital stock, common Decrease of paid-in capital stock, common Authorized capital stock of national banks, preferred. Paid-in capital stock of national banks, preferred 2,461,150 $54,412,100 54,412,100 Increase of authorized capital stock, preferred.. Decrease of authorized capital stock, preferredIncrease of paid-in capital stock, preferred Decrease of paid-in capital stock, preferred Increase secured by United States bonds.. Decrease secured by United States bonds. Increase secured by lawful money Decrease secured by lawful money Net increase,. Net decrease . $1, 589, 685,815 1, 589, 685,815 Increase or decrease since above date $7,683,860 $2,483,650 7,657,430 $33, 218, 400 33,218,400 Increase or decrease since above date National-bank notes outstanding secured by United States bonds, old and new series National-bank notes outstanding secured by lawful money, old and new series, Total national-bank notes outstanding, old and new series July 1, Increase or decrease since above date $21,193,700 $54,412,100 21,193, 700 54,412,100 $853,935, 968 $864, 590,423 $669,570,345 116,665,120 116,072,980 67,103,868 970, 601,088 980,663,403 736,674,213 Increase or decrease since above date $10, 654,455 592,140 10,062,315 Increase or decrease since above date $184, 365, 623 ""49,561,252 233,926,875 KEPOKT OF THE COMPTROLLER OF THE CXJKRENCY 47 Statement of capital stock of national banksj national-bank notes and Federal Reserve bank notes outstanding, bonds on deposit, etc.—Continued July 1, 1933 Federal Reserve bank notes outstanding secured by United States bonds Federal Reserve bank notes outstanding secured by lawful money Total Federal Reserve bank notes outstanding June 1, 1933 July 1, 1932 $2,581,934 $2,581,934 $2,772,040 2,581,934 2,581,934 2,772,040 Increase or decrease since above date Increase or decrease since above date Increase secured by United States bonds. _ Decrease secured by United States bonds. Increase secured by lawful money Decrease secured by lawful money $190,106 Net increase.. Net decrease _ Kinds of bonds on deposit 190,106 United States consols of 1930 $565,944, 300 (2 percent). United States Panama of 1936 45,468, 580 (2 percent). United States Panama of 1938 22, 739,900 (2 percent). United States Treasury, 5176,993,200 55 (3 percent). United States Treasury, 4653, 093, 400 49 (ZH percent). United States Treasury, 41- 44, 754, 400 43 (3% percent). 19, 331, 450 United States Treasury, 4043 (3% percent). United States Treasury, 4327,048, 000 47 (396 percent). United States Panama Canal, 1,000 1961 (3 percent). United States convertible, 461,020, 000 47 (3 percent). Total. 1 National-bank notes of Federal Reeach denomination serve bank outstanding notes of each denomination outOld series New series standing, old series On deposit to secure nationalbank notes $340,749 One dollar 162,420 Two dollars Five dollars. 11,953,100 $177, 662,885 21,063, 695 387, 566, 280 Ten dollars Twenty dollars 19,740, 520 281,912, 520 35,807,900 3,643,350 Fifty dollars One hundred dollars- 4,622, 600 31,313, 300 Five hundred dollars. 87, 500 One thousand dollars. 21,000 Fractional parts 62,066 222 $1,682, 203 442,721 292,985 71,375 82, 250 10,400 Total 61,697,000 914, 263,107 5, 297, 390 61,630 2,581,934 Total 61,635, 370 908,965, 717 2, 581.. 934 Less* 856, 394, 230 Notes redeemed but not assorted by denominations. In the year ended October 31, 1933, the withdrawal of bonds held by the Treasurer of the United States in trust as security for nationalbank circulation amounted to $271,767,570. The withdrawals by reason of liquidation of banks amounted to $10,837,950, and on account of banks placed in charge of receivers, $23,008,860. Bonds held by the Treasurer of the United States in trust as security for circulation were augmented to the extent of $324,736,410, on account of deposits made by newly organized banks, and by those increasing their circulation. The transactions of the year by months in each account named are shown in the following statement: 48 REPORT OF THE COMPTROLLER OF THE CURRENCY United States bonds deposited as security for circulation by banks chartered and by those increasing their circulation, together with the amount withdrawn by banks reducing their circulation, and by those closedt during each month, year ended Oct. SI, 1983 ! Date November. December— 1932 Bonds deposited by banks chartered and those increasing circulation during the year Bonds withdrawn by banks reducing circulation $32,638,100 13,388,700 $17,824,830 11,170,420 Bonds withdrawn by banks in liquidation $1,360,000 900,000 1933 12,153, 300 11,378, 550 513,950 January 30, 469,100 18,301,400 1, 211,300 February., 85, 218,170 5, 262, 500 110,000 March 38,417, 500 24,619,000 250,000 April 6,719,250 7,410,000 550,200 May _ 15, 613, 500 56, 581, 560 590, 000 June 9, 685,750 9,374,750 2, 737, 500 July 30,040, 340 24,893,300 1,650,000 August 15,876,000 13,632,500 September615,000 34,516, 700 37,471,950 October 350,000 Total - - I 1 324,736,410 237,920,760 10, 837,950 i Includes $14,857,000 deposited by 69 of 176 banks chartered during the year. Bonds withdrawn by banks in insolvency $535, 270 17,000,000 1,100,000 1,000,000 217,000 1,437,840 245,000 200,000 1, 273,750 23,008,860 There is published in the appendix a table showing, by months, the profit on national-bank circulation based upon a deposit of $100,000 Panama Canal 2-percent bonds of 1916-36 at the average net price during the year ended October 31, 1933. The table includes also like figures relative to $100,000 of United States 2-percent consols of 1930 so far as may be computed. Due to the unknown date of maturity of the consols, however, it is impossible to determine the amount of sinking fund necessary to provide for liquidation of the pre'mium paid for the bonds, and this must be known to calculate the profit on circulation secured by an investment in consols. The tables mentioned are supplemented by others showing the investment value of circulation bonds quarterly and the monthly range of prices in New York in the year ended October 31, 1933. With reference to the Federal Home Loan Bank Act approved July 22, 1932, section 29 of which extended the circulation privilege to national banks for a period of 3 years upon the deposit with the Treasurer of the United States bonds with interest not exceeding 3% percent heretofore issued or issued during the period, no calculation can be made of profit on circulation through bonds used for such purpose due to the indeterminate market value of the bonds at the end of the 3-year period. REDEMPTION OF NATIONAL AND FEDERAL RESERVE BANK CIRCULATION During tne year ended June 30, 1933, national-bank notes and Federal Reserve notes aggregating $1,282,692,112.50 were redeemed in the United States Treasury at a total expense of $469,727.90. Redemptions included Federal Reserve notes amounting to $910,596,665 and national-bank notes of $372,095,447.50, the latter amount including $44,192,620 redeemed on retirement account. National-bank notes were redeemed at an average cost of $1.14 per $1,000; Federal Reserve notes received from various sources 83 cents per 1,000 notes, and canceled and other Federal Reserve notes received direct from Federal Reserve banks and branches 47 cents per 1,000 notes redeemed. 49 REPORT OF THE COMPTROLLER OF THE CURRENCY Statements showing the amount of national-bank notes and Federal Reserve notes received monthly for redemption in the year ended June 30, 1933, the source from which received, the rate per $1,000 of national-bank notes redeemed, and the rate per 1,000 notes of Federal Reserve notes redeemed are published in the appendix of this report. CONDITION OF NATIONAL BANKS AT DATE OF EACH CALL DURING THE YEAR Under authority of section 5211, United States Revised Statutes, national banks were called upon to submit three reports of condition during the year ended October 31, 1933, as of various dates specified by the Comptroller. Summaries of resources and liabilities of reporting banks on the date of each call during the year, together with summary for September 30, 1932, are shown in the following statement: Abstract of reports of condition of national banks on dates indicated [In thousands of dollars] Sept. 30, Dec. 31, June 30, 1932 (6,085 1932 (6,016 1933 (4,902 banks) banks) banks) * Loans and discounts (including rediscounts)2 Overdrafts U.S. Government securities owned Other bonds, stocks, securities, etc., owned Customers' liability account of acceptances B anking house, furniture and fixtures Other real estate owned Keserve with Federal Reserve banks Cash in vault Balances with other banks Outside checks and other cash items. Redemption fund and due from U.S. Treasurer Acceptances of other banks and bills of exchange or drafts sold with endorsement Securities borrowed Other assets Total. 9,919,603 4,901 3,662, 669 3,780, 623 234, 544 756,494 155,125 1,381, 065 295, 607 2,108,813 33,315 37,792 9,844, 036 4,601 7,892 182,951 22, 565,995 5,422 8,027 184,440 23,310,974 7,066,392 6,422,185 1,032,903 896,189 2, 264, 248 Oct. 25, 1933 (5,057 banks) 1 8,116, 972 2,800 4,031, 576 3,340, 055 225,835 641, 694 132,187 1, 412,127 288,478 2,381,333 37,008 37,428 8, 257,937 4,224 4, 111, 645 3,383, 270 198,820 646, 292 158,422 1, 684,024 329, 786 2,149,654 25, 543 38,387 4,912 4,359 203,727 20,860,491 4,330 3,699 202,616 21,198,649 7,423,865 7,035,751 7,180,766 6,516,931 1,118,850 795,477 5,354,017 1,089,388 1,024,374 5,484, 561 1,076,691 1, 095,139 2,662,984 2, 270,585 16,774,115 730,435 17,055,208 3,760,886 3,822, 550 198, 486 169,835 1, 625,840 308,716 2, 518,412 LIABILTIES Demand deposits, except U.S. Government deposits, other public funds and deposits of other tjanks _. Time deposits, except postal savings, public funds and deposits of other banks Public funds of States, counties, municipalities, etc U.S. Government and postal savings deposits Deposits of other banks, certified and cashiers' checks outstanding and cash letters of credit and travelers' checks outstanding Total deposits.. Circulating notes outstanding Agreements to repurchase U.S. Government or other securities sold Bills payable and rediscounts Acceptances of other banks and bills of exchange or drafts sold with endorsement Acceptances executed for customers Acceptances executed by other banks for account of reporting banks .-_ Securities borrowed Interest, taxes, and other expenses accrued and unpaid. Other liabilities Capital stock (see memorandum below) Surplus . Undivided profits, net Reserves for contingencies Total. Memorandum: Par value of capital stock: Class A preferred stockClass B preferred stock.. Common stock Total 1 17,681,917 18,518,107 743,080 2, 218, 051 746,913 26,595 443,644 22,053 9,223 117,855 13,412 100,366 4,601 239,053 5,422 207,368 4,912 229,304 4,330 205,624 2,747 8,027 46,208 127,985 104,125 1,634,484 1, 563, 232 1, 205,939 1,173, 278 308, 384 269, 785 3 166, 580 166,845 22, 565,995 23, 310,974 3,374 4,359 41,617 88,743 1,515, 647 7,777 3,699 60,009 77,710 2,019 7,892 1,563,232 1,563,232 Licensed banks which were operating on an unrestricted basis. * Includes customers' liability under letters of credit. • Includes reserves for dividends. 235,600 164, 709 916,183 264,376 176,344 20,860,491 21,198, 649 1, 634,484 51,193 2,600 1, 463, 412 75,119 3,800 1,488,682 1,634,484 1, 517, 205 1,567, 601 Principal items of assets and liabilities of licensed national banks, Oct. 25, 198S [In thousands of dollars] Number of banks Location Maine. New Hampshire Vermont.. . Massachusetts Rhode Island Connecticut Total New England States. New York. . New Jersey.Pennsylvania . . Delaware Maryland-. District of Columbia . Total Southern States Ohio Indiana Illinois Michigan 4,249 4,218 1,448 161,314 2,160 14,556 Capital 7,722 5,778 5,717 103,141 4,770 20,227 Surplus and net undivided profits 6,351 6,696 2,904 81,064 6,563 19,273 132 10 58 22,038 9,307 6,033 251,577 5,075 43,382 109,518 70,321 49,845 1,393,097 51,625 268,663 29.280 27,463 11,081 649,239 18,404 103,844 326 836,180 631,925 66,099 34,139 337,412 1,943,069 839,311 548, 243 187,945 48,016 2,310 147, 355 122,851 4,567, 991 2,141,275 199,886 685,894 2,344,646 729,400 20,970 5,323 240,485 83,539 150,618 72,130 795, 051 341, 707 885,456 8,879 88,417 45, 253 614,006 11, 797 200,716 310 29,952 11, 525 88,604 27,616 98,793 1,130 8,869 4,915 22, 269 9,125 15, 500 322 371,733 46,279 139, 939 1,623 12,837 7,950 257,243 42,063 221,241 3,360 13,957 7,589 8, 010,604 3,231, 553 2,164, 763 868,306 229,927 48,136 580,361 545,453 123,958 48, 565 18, 315 9,069 68,451 54,202 50,061 20,253 56,684 159,716 22,884 54,811 80,793 21,820 3,964 2,457 5,782 34,421 9,870 9,156 1,972 27,131 115,020 3,988 12, 998 29,644 19,427 8,556 4,101 2,364 10,402 9,437 11,036 2,360 8,590 45,702 3,615 9,915 15,205 3,386 3,095 1,813 7,276 25,559 11,255 6,310 3,725 17,478 14,950 21,155 4,035 13,205 70, 619 4,970 11,572 21,119 18,436 7,948 4,961 1,768 10,391 5,920 11,598 2,394 7,165 42,991 3,731 11,869 9,521 150, 710 23,269 225,952 138,693 37,055 13,546 22,026 8,612 5,983 1,942 57,610 19,610 137,808 32,479 44,339 12, 226 69,145 16,653 127 64 38 17 ' 57,026 20,905 24,330 334,148 15,190 96,644 Bills National- payable bank and notes out- dis-restanding counts 3,444 1,941 1,159 20,097 1,325 6,173 1,346 .- Due to banks 2 1,796 2,574 1,349 44,945 1,114 14,321 55 9 Total Eastern States Virginia West Virginia. North Carolina.. _ South Carolina Georgia Florida . Alabama Mississippi Louisiana Texas Arkansas Kentucky _ Tennessee Demand deposits, including Time United deposits States deposits 44,134 26,258 18,840 442,949 20, 797 78,947 430 217 620 15 . . . Total assets 37,437 29,824 22,080 599,104 22,960 124, 775 38 50 38 _. Due from Heal inLoans and estate, Cash in banks, cluding discounts, Invest- furniture vault reserve and including ments and other cash overdrafts i fixtures items 49 45 69 24 24 449 46 91 68 1,111 219 107 252 62 1, 709,864 1,691,196 284,341 285,102 870,003 1,017, 279 9,084 9,057 59,184 134,390 48, 721 62,599 146,381 41,065 93,453 1,146 6,102 7,379 30, 262 12,876 32,475 270 3,733 5,126 731,478 57,989 299,407 1,334 35,653 26,157 2,981,197 3,199, 623 295,526 84, 742 1,152, 018 154,459 64,018 27,88310,274 89,924 32,413 72,401 21,393 85,966 319, 617 22,854 80,090 114,071 83,206 31,881 16,232 13 821 75,011 90, 359 48,109 16,863 51,869 241,952 22,353 51,146 66,613 13,569 8,936 3,154 2 057 12,054 8,095 10,397 2,648 9,066 42,474 1,992 5,185 10,563 6,268 3,063 2,717 2,394 3,916 4,775 4,313 1,324 3,908 17,866 1,412 3,215 4,585 49,396 14,916 13,988 10,174 58,236 23,728 31,207 8,855 42,560 226,129 11,342 30,478 55,806 1,095,363 809, 415 130,190 59, 756 576,815 2,689,832 1,073,887 767, 762 278, 223 254,962 78, 273 479,793 122,809 33,916 13,367 45,749 10,087 12,876 9,122 36,860 8,477 106,085 57,350 598,442 101,436 711,009 240,194 1,902,952 383,223 236,703 71,544 391,023 122,074 39,976 19,507 258,748 29,808 J 296,978 80,169 716,373 134,955 308,620 123, 721 64,288 39,029 240,696 160,628 168,646 51,275 195,416 853, 266 60,295 170,983 252,969 92,614 39,137 26,939 15,825 95,296 64,667 59,461 17,560 80,006 409, 519 20,088 66,486 86,289 281,908 99,727 972,198 163,467 3,782 4,769 3,645 21,033 4,061 10,726 296 58 903 100 953 920 700 350 297 873 2,282 370 1,974 853 947 4,138 87 205 97 85 Wisconsin . _____ Minnesota ._ Iowa Missouri .Total Middle States Western _ 6,470 6,847 4,295 8,298 54,725 108,486 37,346 121,167 1,801,400 1,475,244 123,788 193,830 42,908 101,192 24,658 75,699 23,826 84,743 21,967 20,679 7,013 8,763 451 444 599 410 25,455 37,950 9,851 28,885 17,703 21,861 6,245 14,761 4,752,827 2,124, 223 1,283,062 344,667 564,206 160,442 446,134 126,920 207,916 68,378 203,709 146,638 93,245 1,185,037 556,965 139,661 14,914 349,648 202,933 19,117 16,237 66,183 59,394 15,702 13,106 52,385 7,820 91, 278 20,149 21,804 64,967 71,207 31,505 10,673 87,975 9,443 105,975 2,588 2,387 7,184 8,834 2,885 1,078 5,244 1,340 11,463 1,224 965 2,939 3,670 1,718 1,020 5,996 1,222 4,887 9,862 6,321 42,861 41,100 13, 266 8,304 55,636 5,101 79,829 53,692 48,319 185,042 185,061 65.549 34,302 208,110 25,027 294, 574 18,208 18, 279 79,464 87, 764 25,302 13,773 86,291 13,866 136,511 23,984 18,436 44, 273 43,977 26,624 12,165 72,462 5,554 75,960 2,039 2,336 30,419 17,827 2,771 2,310 19,040 847 29,805 2,402 1,688 8,013 9,878 2,068 1,563 8,230 1,356 13,265 105 1,186 1,047 381 191 151 922 210 190 4,025 3,570 13,715 15,547 4,055 2,270 11,395 2,060 27,260 2,386 2,313 6,740 9,114 3,685 2,033 8,949 1,058 10,144 843 341, 222 423,698 43,003 23, 641 262,280 1,099, 676 479,458 323,435 107,394 48,463 4,383 83,897 46,422 _. 70 51 137 25 14 7 8 76,414 45,364 1,039, 264 6,114 13,625 2,854 4,715 114,837 95,647 683,494 7,634 19, 735 6,013 10,900 8,138 6,216 103,443 982 875 383 1,387 4,435 3,693 21,384 739 315 305 737 42,375 29, 571 251, 259 4,657 10,103 1,608 3,190 248,475 182,295 2,131,426 20,192 44,833 11,197 21,001 99, 701 79,756 67,863 76,586 605,542 1,040,492 8,848 6,298 16,956 13,375 5,061 4,516 7,952 8,169 19,185 10,844 107,648 1,467 6,300 162 882 15,589 9,043 96,685 997 2,714 472 1,312 1,083 639 5,194 86 251 25 76 21,855 10,020 137,417 1,785 2,958 500 1,525 8,961 6,128 102,841 620 1,924 400 945 Total Pacific States 312 1,188,350 938, 260 121,424 31,608 342, 763 2, 659,419 811,923 1, 229,192 146,488 126,812 7,354 176,060 121,819 4 1,153 2,036 129 346 1,042 4,715 2,156 1,748 48 174 275 284 1 17,296 14, 714 1,705 2,309 1,854 38, 507 12,088 16, 482 553 3,150 3,150 2,104 18,449 16,750 1,834 2,655 2,896 43, 222 14,244 18, 230 601 3,324 3,425 2,388 8, 262,161 7, 494,915 804,714 329, 786 3,859, 221 21,198, 649 8,574,599 6,334,687 2,145,922 746,913 100,366 1,566,698 1,180,559 Total Western States Washington Oregon California Idaho Utah Nevada Arizona _ _ _ Alaska (nonmember banks) The Territory of Hawaii (non•pipmbflr hnxilr) Total (nonmember banks). Total United States 2 13, 459 16,813 5,553 7,694 68 63 128 198 46 25 73 25 217 North Dakota South Dakota Nebraska. Kansas Montana Wyoming Colorado New Mexico Oklahoma, 1 117, 218 204,079 55,839 162,271 149,841 222,136 56,407 144,541 1,114 5 5,057 Includes also customers' liability under letters of credit. Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding. g i o O c! 52 REPORT OF THE COMPTROLLER OF THE CURRENCY LIABILITIES OF LICENSED NATIONAL BANKS ON ACCOUNT OF BILLS PAYABLE AND REDISCOUNTS Liabilities of licensed national banking associations for money borrowed on account of bills payable and rediscounts at the date of each call since October 31, 1932, are shown in the following statement: Total borrowings of national banks on account of bills payable and rediscounts at date of each call since Oct. 31, 1932, according to geographical location [In thousands of dollars] Dec. 31, 1932: Bills payable Rediscounts - _ _ New England States Eastern States 10,444 5,202 127,181 25,077 Middle Southern Western States States Western States 51,861 18,921 37,369 15,370 6,953 12,062 35, 847 2,309 269,655 78,941 Pacific States Total Total 15, 646 152, 258 70,782 52,739 19,015 38,156 348, 596 June 30, 1933: Bills payable _ Rediscounts 4,214 1,615 46,014 9,063 16,099 9,034 12,600 4,840 1,820 3,641 7,781 1,134 88,528 29,327 Total 5,829 55, 077 25,133 17, 440 5,461 8,915 117,855 Oct. 25, 1933: Bills payable Rediscounts 1,990 320 42,500 5,636 17,160 6,109 10,860 4,054 1,533 2,850 7,021 333 81,064 19,302 Total 2,310 48,136 23, 269 14, 914 4,383 7,354 100,366 Total borrowings of national banks on account of bills payable and rediscounts at date of each call since Oct. 31, 1932, according to central and other reserve cities and country banks [In thousands of dollars] Central reserve cities Dec. 31, 1932: Bills payable Rediscounts -_ __ Total June 30,1933: Bills payable Rediscounts. Total Total 47,209 2,264 222, 274 76,677 269,655 78,941 172 49,473 298,951 348,596 6,566 823 81,962 28,504 88,528 29,327 7,389 110,466 117.855 7,200 10, 706 332 81,064 19,302 7,200 11,038 63,158 18,970 82,128 Total _. _ Country banks 172 _ . Oct. 25, 1933: Bills payable Rediscounts Other reserve cities 100,366 REPORT OF THE COMPTROLLER OF THE CURRENCY 53 LOANS AND DISCOUNTS OF NATIONAL BANKS The statement following shows a classification of loans and discounts reported by national banks as of June 30, 1931, 1932, and 1933. Classification of loans and discounts as of June 30, 1981, 1932, and 1933 [In thousands of dollars] June 30,1931 Amount Acceptances of other banks, payable in United States Notes, bills, acceptances, and other instruments evidencing loans payable in foreign countries. Commercial paper bought in open m a r k e t Loans to banks and trust companies: On securities All other .-Loans secured by U.S. Government and other securities (exclusive of loans to banks) __ Eeal-estate loans, mortgages, deeds of trust, and other liens on real estate: On farm land On other real estate All other loans, including reporting banks' own acceptances purchased or discounted Total Loans secured by U.S. Government obligations, . . Total loans eligible for rediscount with Federal Reserve banks Percent June 30, 1932 Amount Percent Amount l Percent $174,540 1.33 $124,716 1.21 $152, 763 1.88 51,861 269,215 .39 2.04 14,580 83,251 .14 .81 18,174 59,840 125,216 141,412 .95 1.07 196,508 135,151 1.91 1.32 113,379 90,493 .22 .74 1.40 1.11 4,537,713 34.44 3,182,495 30.95 2,759,876 34.00 304,824 1,280, 599 2.31 9.72 299,794 1,317,487 2.92 12.81 262,255 1,064,521 3.23 13.12 6,292,105 47.75 4,927,694 47.93 3,595,671 44.30 13,177,485 100.00 10,281,676 100.00 8,116,972 100.00 121,195 92,811 95,546 2,158,686 1,649,781 1,291,290 * Amount reported by licensed banks; i.e., those operating on an unrestricted basis. June 30, 1933 Loans and discounts of licensed national banks, June SO, 1933 [In thousands of dollars] Loans to banks Notes, bills, acceptAccept- ances, and Comances of other other instru- mercial banks ments paper bought payevi- in open able in dencing market United loans, On seAll States payable curiother ties in foreign countries Location Loans on securities, exclusive of loans to banks Heal estate loans, mortgages, deeds of trust, and other liens on real estate Memoranda Reportini To bro- To brokers kers and and dealers dealers in New elseYork where City To others On farm land own ac- All other ceptloans ances purOn otlier chased real estate or discounted Total Total loans eliLoans gible for secured rediscount by FedUnited with eral ReStates serve Governbanks ment including obliga- paper untions der rediscount CENTRAL RESERVE CITIES New YorkChicago 112,126 12,299 5,258 6,620 4,429 3,342 33,172 23,151 27, 582 184,139 10,818 5,460 12,600 46,586 526,471 218,429 448 2,937 12,060 21,693 17, 256 23,421 408,957 1,342,716 218,499 595,037 46,545 7,828 219,150 75,178 Total central reserve cities. __ 124,425 11,878 7,771 56, 323 33, 042 196, 739 § 7,404 744,900 3,385 33,753 40, 677 627,456 1,937,753 54,373 294,328 17,649 855 7 10,208 15 12,753 100 300 2 6,860 15,392 38,186 1,228 12, 265 1,048 775 2,124 15,853 1,705 643 292 341 1,664 2,000 1,000 6,547 581 199 84,579 2,729 86 81,271 2,124 123 483 34 543 145 195 4,821 229 4 1,302 676 117 343 82 33 174 176 75 6 439 58,599 1,562 72 42,720 217 56 79 31 129 674 22 496 13,918 1,306 93 2,487 500 587 1,604 1,600 2,093 1,540 6,787 3,419 207 2,347 173,138 4,813 162 121,392 34,492 13,961 19,765 9,168 4,196 15,811 17,386 6,095 16,349 31,840 33,125 3,880 15,577 B OTHER RESERVE CITIES Boston Brooklyn and Bronx Buffalo. __Philadelphia Pittsburgh Baltimore. Washington Richmond Charlotte Atlanta Savannah Jacksonville Birmingham New Orleans Dallas El Paso Fort Worth _ _ ... 413 173 - 20 113 200 132 1,021 350 25 25 120 605 428 30 100 25 15 100 2,000 300 3,000 213 490 38 205 308 348 309 252 791 10, 565 15, 712 7,725 1,442 16,665 7,109 3,442 5,144 12,304 21,344 634 8,598 70 242 394 35 325 1,511 1,581 17 1,521 2,275 40 290 372,185 8,894 281 249,085 97,974 25,561 41,375 18,893 6,358 38,305 29,904 12,811 24,241 53,549 61,862 4,970 28,561 48 15,955 2,568 4,510 2,276 1,462 4,000 7,630 2,121 2,352 8,344 14,514 1,608 7,501 125 o Galveston Houston San Antonio £ Waco.. _ g£ Louisville.. <=• Memphis „ I Nashville w Cincinnati | Cleveland Columbus ©i Indianapolis. Chicago... Peoria Detroit Milwaukee Minneapolis St. Paul Cedar Rapids Des Moines Dubuque Sioux City Kansas City, M o . . __ St. Joseph St. Louis Lincoln Omaha Kansas City, Kans Topeka Wichita Helena Denver Pueblo __ Oklahoma City___ Tulsa Seattle Spokane Portland Los Angeles... Oakland San Francisco.. Ogden Salt Lake C i t y . . . Total other reserve cities Total all reserve cities 32 77 188 50 146 10 376 565 186 440 332 105 349 252 797 421 2 963 242 105 3,775 351 603 115 277 1,071 1,680 64 22 615 109 1,095 289 638 185 _ 19 101 1,113 550 133 67 269 1,666 1,833 532 549 196 1,045 140 202 575 2,023 1,109 320 925 140 90 285 18 16 922 „ _. 14 78 410 "§,"608" 2,346 100 310 41 496 39 25 10 12 73 297 10 211 5,526 69 120 25,500 62 706 492 849 101 659 333 7 360 19 232 10,973 66 26 250 1 990 846 368 608 413 43 47 163 329 923 211 450 143 275 40 250 1,246 745 236 147 1,500 371 79 156 2,096 2,699 1,709 5" 26,267 5,318 150,692 17,196 29, 349 50,957 37,120 107,280 28, 919 1,544 17,152 3,775 1,695 6,422 7,085 13,368 21, 529 27,969 13, 595 4,467 671 5,053 20,106 29, 232 22,720 11,218 2,112 4,779 20 925 6,944 1,345 29,767 2,460 318" 350 682 "~62§" 78 499 13 43, 858 61,961 240,597 778 1,305 1,635 240 9,638 1,294 2,111 6,970 11,731 304 6,736 53,820 686 137,070 453 2,370 105 273 1,322 403 864 152 8 1,315 5 1,341 172 8 262 123 408 279 148 34 892 744 99 195 25 806 112 495 359 169 128 16,902 6 156 578 3,526 1,386 1,054 67 535 1,220 1,365 14,403 10,363 825 825 877 19,606 3,397 1,999 2,246 271 1, 761 204 112 626 143 5,019 4 309 630 71 268 5 1,807 5 2,117 1,372 927 3,081 162,327 612 214, 330 203 1,377 1,378 1,175 7,030 1,130 1,500 I" 250 """27" 2,301 7,074 7, 582 , 9-°°i 4, 74* 24 46,861 17,008 . u, 6,319 2,765 18,057 9,162 26,274 17,058 36,731 19,315 35, 686 10, 551 59,472 14,338 36,953 10,795 17,390 11,176 2,197 389 14,350 5,138 10,306 77,638 40, 960 80, 577 58,977 96, 683 32,858 48,698 2,885 6,458 4,300 12,727 1,017 670 4,341 2,599 19, 025 31,108 7,933 3,701 71,940 32, 520 7,781 4,823 29,221 20,407 4,469 1,974 4,504 2,875 5,603 3,173 618 985 15,452 29,640 1,068 2,762 20,303 25,632 8,225 33,425 24,242 40,113 694 1,103 24, 703 13,698 97,439 336,341 1,762 458 180, 282 619,151 1,259 2,071 4,179 8,447 17 805 167 371 913 182 81 844 259 631 614 128 57 421 344 441 384 10 142 2 305 2,080 120 644 24 612 38 109 339 6 406 18 79 63 540 9 132 963 4 600 1 16 2,811 6,261 4,450 1,529 3,916 5,420 4,924 3,579 6,718 4,245 3,272 153 2,491 3,813 6,847 32,365 24,092 925 1,501 193 2,188 12,861 3,753 21,627 1,510 9,667 717 1,280 2,076 450 7,417 840 4,534 1,921 9,777 180 6,437 13,848 64 32,381 357 1,967 837,018 103, 715 539,788 38,938 1,274, 225 3,018,934 22,774 433,149 97,986 1,581,918 107,100 573, 541 79, 615 1,901, 681 4,956, 687 77,147 727,477 40, 582 Loans and discounts of licensed national banks, June 30, 1933—Continued [In thousands of dollars] Notes, bills, acceptAccept- ances, and ances of other other instrubanks ments payeviable in dencing United loans, States payable in foreign countries Location To bro- To brokers kers and All and dealers dealers other in New elseYork where City To others On farm land Memoranda Reporting banks' own ac- All other ceptloans ances purOn other chased real estate or discounted Total Total loans eliLoans gible for secured rediscount by FedUnited with eral ReStates serve Governbanks ment including obliga- paper untions der rediscount Total New England S t a t e s . . New York New Jersey - _ Pennsylvania Delaware Maryland 937 1 10,118 405 365 2,009 2,410 140,871 3,458 71,337 16 175,936 407,863 2,223 50,767 65 14 3,211 184 3,268 2,752 413 9,899 4 186 650 2,969 40 713 879 685 336 7 119,079 83,257 174,947 2,541 5,471 7,770 2,400 12,058 885 2,431 70,682 66,030 97,798 899 5,420 47 1,003 171 38 230 630 1,366 6 17 171, 093 132,009 239,553 4,905 21,459 376, 306 289,774 539,829 9,240 35,365 1,221 753 2,221 40 76 61,362 34,084 62,635 1,269 5,606 14 6,701 2,249 13,254 3,995 2, 284 385, 295 25,544 240,829 1,221 569,019 1, 250, 514 4,311 164,956 1,283 728 112 108 62 1,273 235 119 421 19 126 104 103 34 13 80 14,575 9,444 1,903 607 2,379 2,247 4,290 3,881 955 28 32, 298 17,548 3,052 1,324 4,332 4,772 7,620 4,255 6,516 1,870 1,230 607 2,117 944 2,737« 3,187 131,650 63,062 19,941 7,914 20,370 17,586 45,907 21,185 612 517 168 57 168 279 201 291 29,110 8,491 5,307 2,214 4,715 4,388 8,851 3,458 109 9 4,119 3,639 3,504 35,328 4,312 20,435 1 44 - 215 667 900 852 219 605 566 5 151 . Total Eastern States 10,832 9,370 4,657 58,184 8,754 49,074 42 574 20 4,166 2,149 3,167 215 .- Commercial paper bought in open market On securities Real estate loans, mortgages, deeds of trust, and other liens on real estate •3 W o o S o COUNTRY BANKS Maine New Hampshire VermontMassachusetts Rhode Island . Connecticut Virginia West Virginia North Carolina South Carolina Georgia Florida -_ Alabama_. Mississippi on securities, excluLoans to banks Loans sive of loans to banks 7 765 763 196 100 100 339 138 133 77 40 25 60 70 212 1 10 357 139 4 10 110 104 14 142 664 1,095 150 100 69 3 587 281 18 927 157 440 16 15, 325 14,780 11,684 71,484 7,030 55,633 31,917 30,910 20,824 171,709 22,786 .129,717 449 203 168 875 76 452 74,347 33,014 13, 640 5,065 11,308 7,881 29,869 9,726 3,478 5,036 4,119 22,886 2,993 12,255 E 3 Louisiana Texas Arkansas Kentucky Tennessee Total Southern States.. 448 138 25 Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri Total Middle Western StatesNorth Dakota South Dakota Nebraska Kansas Montana 2 10 543 95 20 33 30 674 4 19 208 132 947 425 274 707 181 995 196 5 611 932 2,327 1,673 6,405 4 30 200 1 50 160 302 309 238 703 142 455 280 237 238 41 178 152 44 47 726 2,067 643 964 370 688 511 467 2,359 1, 217 6,436 178 186 258 261 27 2 4 43 98 4 10 112 481 577 114 26 95 9 123 192 1,051 25 1,729 15 2 40 103 10 23 180 1 1 97 57 284 11 120 139 1 15 249 2 50 5 "Wvomins? Colorado 98 New Mexico Oklahoma 148 Total Western States Washington Oregon 15 California Idaho Utah Nevada 2 Arizona Total Pacific States 17 Alaska (nonmember banks) The Territory of Hawaii (nonmember bank).. Total (nonmember banks).-. 2,071 Total country banks. _~ 152, 763 Total United States. 29 1 128 10 306 24 4,492 13,965 2,832 10,667 7,605 2,051 12,056 2,309 5,200 2,301 2,286 8,918 2,762 6,483 3,424 1,917 795 114,762 43,125 63,199 179 340 102 3 45 330 76 61 39 50 644 29 16 41,926 11, 227 19,408 14,155 22,496 16,042 2,219 3,744 12,373 5,816 8,771 1,789 3,456 7,961 3,943 2,246 27,324 10,990 7,217 10,306 8,334 6,933 2,286 2,583 676 1,245 131, 215 46,355 75,973 2,700 1,697 2,831 4,716 817 1,205 1,975 799 3,101 1,677 1,119 887 1,911 815 771 1,237 599 2,272 7 5 148 978 18,174 473 59 6,099 28, 532 59,840 113, 379 370,384 607,344 3,538 141, 257 69,700 26,568 51,546 18,155 33,616 35, 050 17,065 15,351 152,893 57,171 88,391 45,759 69,078 68,278 26,336 24,954 2,010 898 865 165 287 1,967 101 249 20,335 10,127 20, 0S6 5,791 13,083 19,389 8,926 6,112 82 267,051 532,860 6,542 103,849 6 4 2 13,135 11,717 23,181 34, 231 10,942 9,343 13,013 4,676 25,886 19, 292 16, 717 28, 638 44,799 14,844 13,312 20,020 6,924 36,064 127 77 42 231 503 45 61 27 446 5,722 5,726 13, 507 18,638 5,019 5,682 6,953 2,665 15,109 1,214 3 79 7 24 20, 285 19,841 11, 288 12 146,124 200, 610 1,559 79,021 5,057 1,342 13, 725 1,000 288 398 1,087 2, 283 1,930 10, 264 874 827 248 307 3,174 1,637 16,852 281 331 760 796 3 5 50 19,333 11, 401 39,162 3,535 1,916 1,285 2,205 30,030 16,318 80,514 5,701 3 362 2,691 4,406 32 58 95 8 3 17 11 6,177 3,356 10,920 1,464 585 304 1,140 22,897 16, 733 23,831 58 13 59 16 4, i)S2 48,481 4,899 9,306 7,985 43 4 26 22,720 76 643 213 206 107 83 40 16 473 24,060 135,443 22,232 55,326 42,668 1,438 1,513 860 3,566 2,212 1,898 3,767 578 4,453 9 29 14,621 97,619 12,784 32,159 28,351 258 1 178 8,277 99 78,837 143,022 224 23,946 342 928 1,312 2 17 4,181 3,493 16,760 4,421 178 8,303 99 4,523 18, 072 2 17 7,056 823, 628 155,155 490,980 2,603 1, 611, 772 3,160, 285 18,399 563,813 90,493 249, 288 105, 042 2,405, 546 262, 255 1,064, 521 82, 218 3, 513,453 8,116, 972 95,546 1,291,290 8, 691 58 REPORT OF THE COMPTROLLER OF THE CURRENCY The percentage of loans and discounts of national banks in the central reserve cities of New York and Chicago to the total loans and discounts of all national banks on June 30, 1933, together with similar information in relation to banks in other reserve cities, etc., is shown in the following statement, compared with like information as of June 30, 1931 and 1932: [In thousands of dollars] Loans June 30 , 1931 Banks i n - Amount New York ._ Do Chicago Other reserve cities All reserve cities States (exclusive of reserve cities) Total United States 1 _ June 30, 1932 Percent Amount June 30, 1933 Percent Amounti Percent 2,522, 210 19.14 1,565,857 15.23 1,342,716 16.54 } 2,966,537 4,627, 747 22.51 35.12 1,828,316 3,970,907 17.78 38.62 1,937,753 3,018,934 23.88 37.19 7,594, 284 5,583, 201 57.63 42.37 5, 799, 223 4,482,453 56.40 43.60 4,956, 687 3,160, 285 61.07 38.93 13,177,485 100.00 10, 281,676 100.00 8,116,972 100.00 Amount reported by licensed banks; i.e., those operating on an unrestricted basis. COMPARATIVE CHANGES IN DEMAND AND TIME DEPOSITS, LOANS AND DISCOUNTS, UNITED STATES GOVERNMENT AND OTHER BONDS AND SECURITIES OWNED, AND THE AMOUNT OF RESERVE OF NATIONAL BANKS WITH FEDERAL RESERVE BANKS SINCE JUNE 30, 1929 The amount and percentage of increase or reduction of demand and time deposits, loans and discounts, United States Government and other bonds and securities owned, and reserve of national banks with Federal Reserve banks on June 30, of each of the last 5 years are shown in the following statement: [In thousands of dollars] June 29, 1929 (7,536 banks) Percent increase Percent increase Percent increase June 30, June 30, June 30, June 30, 1930 or(+) de1931 or(+) de1932 or(+) de1933 or(+) de(7,252 crease (6,805 crease (6,150 crease (4,902 crease banks) (-) banks) (-) banks) banks i) ( - ) <") since since since since June June June June 29, 30, 30, 30, 1929 1930 1931 1932 10,504,268 10,926,201 Demand deposits Time deposits 8,317,095 8, 752,571 Loans and discounts 2__ 14,801,130 14,887,752 united otares u-ovu. and other b o n d s , stocks, etc., owned.._ 6,656,535 6,888,171 Reserve with Federal 1,344,951 1,421,676 Reserve banks +4.02 10,105,885 - 7 . 5 1 7,940,653 -21.43 7,894,127 - 0 . 5 9 +5.24 8,579,590 - 1 . 9 8 7, 265,640 -15.31 6,216,917 -14.43 +.59 13,177,485 -11.49 10,281,676 -21.98 8,116,972 -21.05 +3.48 7,674,837 +11.42 7,196,652 - 6 . 2 3 7,371,631 +2.43 +5.70 1,418,096 - . 2 5 1,150,575 -18.86 1,412,127 +22.73 1 Licensed banks; i.e., those operating on an unrestricted basis. 2 Includes rediscounts and customers' liability under letters of credit. Percent increase REPORT OF THE COMPTROLLER, OF THE CURRENCY 59 UNITED STATES GOVERNMENT SECURITIES OWNED BY LICENSED NATIONAL BANKS IN RESERVE CITIES AND STATES The following statement shows a classification of United States Government securities owned by licensed national banks according to reserve cities and States, June 30, 1933. U.S. Government securities owned by licensed national banks, June SO. 1938 [In thousands of dollars] U.S. Government securities Bonds (including Certifibonds de- Treasury- cates of Treasury posited to notes indebtedbills secure cirness culation) Location New York.. Chicago. CENTRAL RESERVE CITIES Total central reserve cities.. Total 321, 856 38, 490 208, 768 49, 297 58, Oil 43,460 148, 544 130,425 737,179 261,672 360, 346 258, 065 101,471 278,969 998,851 57, 788 3,656 300 77,819 145, 385 39,103 37,696 7,150 1,687 16, 991 102,415 1,170 67 22,951 46,168 22,351 7,988 5,172 674 6,763 2,945 8,181 1,054 3,975 7,161 1,968 2,002 1,345 12,763 5,410 715 3,604 3,368 548 1,491 11,666 8,357 12,306 1,157 634 18,228 5,819 10,877 1,135 60 165 794 566 8,923 1,688 34, 596 4,4v>2 4,342 47 1,802 4,103 21,325 25 21,480 203,008 4,851 367 106,360 195,117 65,862 46, 570 12,392 2,414 25,769 12,296 25, 541 9,995 22,506 24,961 5,145 9,204 5,975 32,005 14, 647 4,189 21,745 9,912 4,752 15,785 40,997 17,941 19,952 3,046 9,021 54,843 31,176 43,357 24,543 758 4,515 1,778 5,051 31,875 4,6*8 58,695 8,444 19,578 2,774 6,620 15,963 2,066 43,417 3,067 12,686 9,073 44, 341 743 44,898 135,619 789 OTHER RESERVE CITIES Boston Brooklyn and Bronx Buffalo Philadelphia Pittsburgh Baltimore Washington... Richmond Charlotte— _ Atlanta Savannah Jacksonville . Birmingham New Orleans Dallas,. El Paso Fort Worth Galveston Houston— San Antonio Waco Louisville ..-. Memphis Nashville. Cincinnati Cleveland Columbus Indianapolis Chicago Peoria.. _ _ Detroit.. Milwaukee Minneapolis St. P a u l . . Cedar Rapids Des Moines Dubuque Sioux City Kansas City, Mo . Joseph . St. Louis. Lincoln Omaha Kansas City, Kans. Topeka Wichita Helena..... Denver Pueblo Oklahoma City Tulsa Seattle .__ Spokane Portland Los Angeles Oakland ..._. 16,960 8,941 13,868 _ _._-_._„ .. .... — 14,328 3,093 6,385 4,554 17,366 6,83S 2,932 17, 614 5,788 4,180 13,432 26.836 9,173 7,368 1,888 8,377 29,239 23.837 29,477 22,398 593 4,215 473 4,300 10,821 2,6*2 17,265 3,9uO 7,330 2,727 4,688 1,830 1,895 27,762 1,323 10,023 6,847 21,917 743 39, 543 100,327 704 12,632 1,145 2,588 2,013 21,415 5,315 22,442 85 3,490 3,564 2,658 886 70 53 1,016 2,664 400 1,463 3,365 84 817 76 1,876 2,349 542 527 756 24 862 2,495 411 278 1 10 7,376 1,420 3,003 760 105 135 511 135 3,111 318 2,437 52 7,906 130 6,755 171 2,673 2,100 "1,750" 999 3,200 107 100 ~250~ 50 9,020 4,397 3,275 350 599 75 213 1,009 40 4,859 7,991 60 REPORT OF THE COMPTROLLER OF THE CURRENCY U.S. Government securities owned by licensed national banks, June 80,1983—Con. [In thousands of dollars] U.S. Government securities Bonds (including Certifibonds de- Treasury cates of Treasury posited to indebtedbills notes secure cirness culation) Location Total OTHER RESERVE CITIES—continued San Francisco Ogden Salt Lake City Total other reserve cities Total all reserve cities _ COUNTRY BANKS Maine -. New Hampshire Vermont Massachusetts Rhode Island Connecticut Total New England States New York New Jersey -- - Delaware .. Maryland Total Eastern States Virginia West Virginia North Carolina _ South Carolina Georgia -- Florida -Alabama - - - -- - --- Louisiana - --Texas _ Arkansas . Kentucky Tennessee Total Southern States Ohio Indiana Illinois Michigan Wisconsin Minnesota - -Iowa Missouri Total Middle Western States North Dakota South Dakota Nebraska _ Kansas Montana „ _Wyoming Colorado -New Mexico -- -Oklahoma Total Western States Washington _ __ ._ Oregon __ _ California Idaho -Utah Nevada Arizona. Total Pacific States Alaska (nonmember banks) Tho Territory of Hawaii (nonmember bank) Total (nonmember banks) Total country banks Total United States 222,358 500 6,051 1,189,961 1, 550,307 22,456 1,064 2,575 495,161 753, 226 97,856 199, 327 6,684 11,320 4,698 45,386 6,749 28, 281 103,118 100, 642 77,380 138, 865 2,121 6,664 325, 672 29,941 13,366 4,003 2,996 8,087 28,403 13,027 3,981 4,189 43,083 8,281 12,142 12, 267 183, 766 44,322 20,100 41,959 15,290 19,851 26,239 7,682 10,451 185,894 5,917 5,307 9,851 13, 877 9,095 4,891 7,521 3,394 17,244 77,097 12,883 6,011 19,535 3,403 997 1,263 8,049 52,141 1,150 3,285 4,435 932,123 2,482,430 2,613 920 575 24,950 2,200 9,360 40, 618 38,466 21,150 25,330 192 1,567 86,705 5,671 1,115 50 911 1,856 12,327 2,962 643 448 5,327 1,856 1,554 1,272 35,992 5,792 4,827 12,470 3,873 5,153 3,739 2,173 2,180 40,207 766 748 2,391 2,002 1,692 494 1,449 301 2,166 12,009 4,086 1,295 3,101 603 28 1,599 102 10, 814 97 987 1,084 227,429 980,655 141 103 3,142 329 3,715 2,596 2,329 1,948 202 10 7,085 312 23 31 10 315 3,924 1,131 346 25 1,547 242 43 2,348 10,297 322 168 2,169 549 1,023 1,898 244 319 6,692 782 632 196 297 571 15 86 89 2,668 332 139 468 5 30 974 50 50 31,481 230,808 1,618 249,007 1,564 6,051 57,286 1,840,264 336, 255 2,839,115 9,438 12,344 5,273 341 73,819 8,949 37,970 342 147, 793 141,704 100,859 200 166,343 2,515 5 8,246 205 419,667 35,924 5 14,509 4,084 3,917 10,258 44,774 120 17,124 4 4,970 4 662 113 50, 070 10 379 65 13,804 15,887 307 230,362 50,436 25,095 153 56,751 19,712 26,077 50 31, 876 20 10,119 12,995 45 268 233, 061 10 7,475 50 6,737 43 12,481 16,176 11,358 5,400 20 9,076 159 3,854 24 19,523 306 92,080 17,301 7,445 23,104 4,011 1 025 2 862 8,181 63,929 1 297 4,272 5,569 1,428 1,192,461 337,683 4, 031,576 1 ItEPORT OF THE COMPTROLLER OF THE CURRENCY 61 INVESTMENTS OF NATIONAL BANKS The tables following disclose a summary of the investments of national banks in United States Government and other bonds and securities held June 30, 1931, 1932, and 1933, and a'detailed classification by reserve cities and States of bonds and securities other than United States Government owned on June 30, 1933. [In thousands of dollars] June 30, 1931 Number of banks. Domestic securities: State, county, and municipal bonds Eailroad bonds....' , Other public service corporation bonds All other bonds— -__«. _ Stock of Federal Reserve bank Stock of other corporations _ _. Collateral trust and other corporation notes Municipal warrants All other, including claims, judgments, etc Foreign securities: Government bonds Other foreign securities, including bonds of municipalities, etc. Total U.S. Government securities Total bonds and securities of all classes licensed banks;i.e., those operating on an unrestricted basis. June 30, 1932 June 30, 1933 6,805 6,150 997,220 719,688 828,198 886,614 98,315 119,160 145, 837 112,487 34,602 1, 031,407 652,665 684,465 686,308 90,417 114,669 118, 240 86,291 34,576 1,067,797 230,979 245,469 168,155 176,793 149,389 116,655 4,418,569 3,256,268 3,843,986 3,352,666 3,340,055 4,031,576 7,674,837 7,196,652 7,371,631 14,9 533,260 529,172 83,603 110,436 92,690 94, 681 31,738 United States Government, domestic, and foreign bonds, securities, etc., owned by licensed national banks June 30, 1933 [In thousands of dollars] Foreign securities Domestic securities U.S. Government securities Location State, county, Railroad and bonds municipal bonds Other public service All other corporabonds tion bonds Stock of Federal reserve banks Collateral Stock of trust and Municiother other pal corpora- corpora- warrants tion tions notes All other, including claims, judgments, etc. Total bonds, stocks, Other Total, securiforeign all bonds securities, ties, etc., and seGovern- including other curities ment thanbonds of bonds United municiStates palities, etc. CENTRAL RESERVE CITIES New York Chicago _ Total central reserve cities . 737,179 261,672 199,856 27,102 106,382 13,679 54,103 17,304 67,151 29,230 19,428 4,892 37,966 10, 734 9,431 21,606 3,410 23,308 2,871 44,536 801 12,665 4,328 554,928 155,855 1,292,107 417,527 998, 851 226,958 120,061 71,407 96,381 24, 320 48,700 31,037 26,718 2,871 45,337 16,993 710, 783 1,709,634 203,008 4 851 367 106, 360 195,117 65, 862 46, 570 12, 392 2,414 25, 769 12, 296 25, 541 9 995 22, 506 24,961 5,145 9,204 5,975 32,005 14, 647 4,189 21,745 9,912 4,752 27,134 1 672 65 22, 048 515 6,439 2,309 4 051 607 4,862 1,360 4,404 1,891 4,259 3,998 482 3,314 1,255 2,181 2,798 1,304 995 7,950 2,857 11,322 2 094 256 22, 289 18, 287 2,525 1,425 1,812 15,447 2 403 200 18, 296 11,841 158 2,446 1,076 4,853 795 9 8,660 282 1,800 1,944 49 303 1,063 64 125 126 196 61 256 1,003 1 77 139 1,045 420 1 16 137 1,009 11,993 7,692 5,474 1,008 14 851 836 523 8 5 5,382 1,931 901 184 22 3,954 215 28 4,036 952 301 416 115 2,279 99 1,236 298 343 646 8 67 254 746 110 159 2,667 91 286 3,795 224 15 3,226 1,661 345 409 240 78 364 261 250 375 325 477 44 224 90 448 214 52 157 323 221 7,459 161 3,289 414 1,795 262 6,357 1,200 73 6,413 21, 731 2,940 2,406 531 149 1,552 1,770 2,315 362 2,647 3,208 289 965 1,629 4,976 481 1,237 1,730 805 2,703 24 93 1 85 129 89, 776 8,260 637 97,170 67,077 19,195 10,911 8,924 899 13,296 4,579 10,872 3,603 9,067 13,030 2,032 5,492 3,917 11,979 4,387 3,046 7,838 10,413 7,622 292,784 13, 111 1,004 203, 530 262,194 85,057 57,481 21,316 3,313 39,065 16,875 36,413 13, 598 31, 573 37,991 7,177 14,696 9,892 43,984 19,034 7,235 29, 583 20,325 12,374 OTHER RESERVE CITIES Boston Brooklyn and Bronx Buffalo Philadelphia Pittsburgh Baltimore Washington Richmond _ __ Charlotte Atlanta Savannah Jacksonville Birmingham New Orleans Dallas _ El Paso _. Fort Worth Galveston Houston __ San Antonio Waco Louisville Memphis -Nashville _ __ - 236 58 145 624 67 121 1,908 49 268 387 208 212 69 215 15 25 49 13 55 2,828 973 216 49 699 128 5 47 552 2 1 1 91 142 19 111 275 59 161 351 7 337 13 96 285 95 533 270 42 31 310 292 66 151 278 79 76 172 132 84 136 143 83 324 75 16 129 430 62 66 173 49 36 Cincinnati Cleveland Columbus Indianapolis Chicago.. Peoria.. Detroit. Milwaukee Minneapolis St. Paul Cedar Rapids Des Moines Dubuque Sioux City Kansas City, Mo St. Joseph St. Louis ._ Lincoln _ Omaha Kansas City, Kans Topeka .. Wichita Helena _. Denver Pueblo.. _ — Oklahoma City. Tulsa Seattle..Spokane Portland Los Angeles Oakland San Francisco Ogden Salt Lake City Total other reserve cities.. Total all reserve cities 15, 785 40,997 17,941 19,952 3,046 9,021 54,843 31,176 43,357 24, 543 758 4,515 1,778 5,051 31,875 4,648 58,695 8,444 19, 578 2,774 6,620 15,963 2,066 43,417 3,067 12, 686 9,073 44,341 743 44,898 135, 619 789 249,007 1,564 6,051 4,533 542 6,367 900 1,146 1,963 551 2,221 10,870 5,244 1,847 5,155 131 685 5,716 747 9,392 542 6,147 714 3,354 2,701 900 6,633 1,157 12,209 4,537 5,870 355 13,778 69,813 725 105,969 330 3,522 1,900 1,015 1,866 264 578 1,422 118 1,405 7,890 2,809 126 930 274 110 771 162 3,585 142 2,531 4 50 98 451 2,035 680 321 1,983 326 1,142 602 565 1,037 1,194 1,699 2,290 540 1,073 1,011 56 187 274 161 3,855 452 2,558 87 24 12 182 1,999 1,041 213 5,790 20 4,080 2,369 24 5,721 123 593 1,255 26 4,915 2,272 86 3,807 90 473 3,726 3,559 5,582 521 329 1,102 714 2,017 2,917 2,285 197 2,076 323 1,340 595 369 5,884 1,135 584 627 500 685 681 2,633671 1,930 124 2,391 105 1,606 9,529 127 13,532 261 962 410 303 405 195 58 204 675 570 592 348 30 105 12 56 194 61 653 57 240 39 48 111 18 311 51 261 462 487 17 285 2,070 18 3,833 18 77 235 2,879 228 42 10 3 1,013 125 1,008 507 721 100 18 1 330 174 460 709 44 53 1,429 872 376 2,604 24 2,841 16 49 1 117 51 17 681 8 4 211 2 1,662 3 692 83 1,450 2,805 13 1,789 340 1,808 103 514 22 15 272 765 29 136 101 5,097 1,223 3,844 39 1,912 446 7 2,329 6 663 1 99 57 173 80 51 106 2 1 1,244 45 4 14 24 9 179 69 161 29 203 108 97 154 984 212 851 500 842 231 50 266 19 389 1,754 437 150 172 10 302 215 266 729 137 349 51 134 12 142 224 102 349 41 604 32 1,099 3,733 27 1,160 11 189 238 162 785 840 50 258 546 152 726 1,411 114 77 69 67 549 130 322 6 118 951 58 164 651 248 80 2,916 6,662 2,608 11 77 14,597 9,949 17,318 3,694 2,862 6,758 3,817 10,180 27,215 14,950 4,896 10,944 806 3,134 10,489 1,977 29,927 2 678 12,807 1,537 4,529 4,397 2,521 16,004 4,015 22,367 7,070 20,692 782 30,688 101,303 1,027 141,732 1,184 7,919 30, 382 50,946 35,259 23,646 5,908 15,779 58,660 41,356 70,572 39,493 5 654 15,459 2 584 8,185 42,364 6 625 88,622 11 122 32,385 4,311 11,149 20,360 4,587 59,421 7,082 35,053 16,143 65,033 1,525 75,586 236,922 1 816 390,739 2 748 13,970 1,840, 264 406,016 119,831 98, 643 140,088 27,092 36, 422 38, 371 27, 094 8,988 35,373 32,869 970,787 2,811,051 2,839,115 632,974 239,892 170, 050 236,469 51,412 85,122 69,408 53,812 11,859 80, 710 49,862 1,681,570 4, 520, 685 9,438 12,344 5,273 73,819 8,949 37,970 719 757 600 8,497 941 7,231 3,241 2,418 2,450 13,993 1,361 7,722 10, 534 6,028 3,618 35,179 5,291 10,329 4,854 2,230 1,925 15,844 2,260 4,601 271 298 216 1,586 307 1,180 61 343 57 2,058 320 394 678 64 407 1,242 603 815 19 67 74 95 291 212 41 23 319 22 287 2,064 532 939 4,024 320 2,602 1,475 579 693 4,744 739 2,817 24,128 13,357 11,002 87,581 12,164 38,269 33,566 25,701 16,275 161,400 21,113 76,239 147,793 18,745 31,185 70,979 31, 714 3,858 3,233 3,809 546 904 10,481 11,047 186, 501 334, 294 COUNTRY BANKS Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut _ Total New England States CO United States Government, domestic, and foreign bonds, securities, etc., owned by licensed national banks June SO, 1988—Continued [In thousands of dollars] Foreign securities Domestic securities U.S. Govern- State, Other ment Stock of public All other Federal securi- county, Railroad service and ties reserve bonds corpora- bonds municibanks tion pal bonds bonds Location Collateral Stock of trust and Municiother other pal corpora- corpora- warrants tions tion notes All other, including claims, judgments, etc. Total bonds, Other stocks, Total, foreign securibonds ties, etc., all and seGovern- securities, including other curities ment of than bonds bonds munici- United palities, States etc. COUNTRY BANKS—continued New York New Jersey Pennsylvania Delaware Maryland Total Eastern States Virginia West Virginia North Carolina South Carolina Georgia. Florida Alabama Mississippi . . Louisiana Texas Arkansas.— . _ Kentucky Tennessee _ Total Southern States Ohio Indiana Illinois Michigan Wisconsin— Minnesota 144 619 810 1,929 10 312 12,306 6,998 15,398 448 803 13,295 6,904 16,130 331 902 282,459 171,924 319,161 6,338 19,908 424,163 272,783 485,504 8,853 28,154 3,946 3,680 35,953 37,562 799,790 1,219,457 766 150 150 236 1 219 27 151 82 559 11 6 4,844 422 558 554 763 585 14 129 250 723 468 192 83 417 281 417 348 496 380 6 15 62 14 5 249 389 581 19 4 172 159 596 181 71 1,600 344 719 221 431 174 324 283 22,263 15,187 4,659 2,879 5,453 15,507 18,083 11,355 6,925 35,044 11,860 11,844 7,920 58,187 29,696 8,743 6,796 15, 711 60, 281 35, 207 16,325 11, 587 85,114 22,239 25,648 23,807 5,825 1,513 7,674 5,056 4,670 3,373 168,979 399,341 617 322 439 117 275 173 721 1,044 909 470 594 762 85 15 3,474 81 101 3,910 2,364 179 1,963 44 299 396 2,778 1,227 1,677 1,728 1,728 2,167 2,221 726 1,688 1,527 1,060 2,180 58,706 30,572 51,870 27,266 34,362 57,145 109,142 55,667 108,621 46,978 60,439 89,021 141,704 100,859 166,343 2,515 8,246 70,748 38,752 26,877 700 4,150 67,070 45,074 81,525 1,478 3,802 67,6*0 40,956 91,768 1,966 5,282 35,970 23,616 68,528 1,216 3,998 3,622 2,678 6,150 129 289 5,596 4,035 2,778 34 79 3,353 1,124 7,463 26 147 2,210 977 615 419,667 141,227 198,949 207,642 133,328 12,868 12, 522 12,113 35,924 14,509 4 084 3,917 10,258 44,774 17,124 4,970 4,662 50,070 10,379 13,804 15,887 8,442 3,666 3 903 1,0*0 1,706 7,599 6,8*8 7,446 3,926 14,9o5 4,988 1,965 3,575 2,063 1,688 102 280 750 1,261 1,523 337 4i8 1,378 823 1,842 245 2,335 2,341 84 260 967 1,649 2,260 579 633 1,521 923 2,635 640 4,687 3,687 264 955 979 2,141 4,228 2,045 1,017 7,532 3,592 2,573 1,369 1,159 538 187 106 275 378 551 191 188 1,690 227 455 328 1,013 1,335 85 56 133 1,267 253 125 578 427 86 137 330 230,362 70,089 12,710 16,827 35,069 6,273 50,436 25,095 56,751 19,712 26,077 31,876 20, 526 3,747 17 685 9,004 8,714 22, 249 7,893 7,378 4,334 3,035 3,814 6,605 7,597 8,095 8,952 5,589 9,788 6,621 12,393 7,228 9,672 5,221 7,352 11,299 1,511 611 1,077 450 637 783 19 64 233 735 234 10,119 12,995 4,832 5,895 1,259 637 1,949 1,084 2,481 2,502 271 251 56 181 46 21 625 289 289 114 476 284 337 122 12, 621 11,180 22, 740 24,175 233,061 92,452 34,955 49,675 58,148 5,591 2,180 4,567 8,580 5,648 12,065 9,861 283,722 516,783 7,475 6,737 12,481 16,176 11,358 5,400 9,076 3,854 19,523 4,060 8,077 2,395 11,182 4,574 1,968 4,333 1,827 20,521 852 665 822 460 1,699 200 926 134 278 1,560 1,215 1,026 .425 2,074 367 1,504 173 591 2,237 2,893 3,447 1,736 3,074 1,509 2,743 1,573 2,882 179 170 289 488 189 115 214 69 459 32 16 20 174 39 38 155 4 118 119 30 134 16 164 92 1 46 727 759 479 1,206 717 227 588 1 8,752 492 214 279 349 194 155 270 50 1,233 450 247 631 610 989 70 398 24 485 712 476 464 230 1,327 69 327 25 103 11,420 14, 762 9,986 16,876 15,040 4,718 11,550 3,881 35,468 18,895 21, 499 22,467 33,052 26,398 10,118 20,628 7,735 54,991 92,080 58,937 6,036 8,935 22,094 2,172 596 602 13,456 3,236 3,904 3,733 123, 701 215, 781 17,301 7,445 23,104 4,011 1,025 2,862 8,181 7,944 6,390 30, 730 1,199 319 1,893 1,330 2,372 508 2,649 209 100 134 93 1,490 711 5,292 247 99 100 333 3,434 918 5,055 326 121 183 864 324 184 716 71 28 24 82 204 19 679 23 30 278 24 326 2 9 2,451 1,723 279 710 1 2 954 150 195 786 39 10 31 14 475 374 480 146 27 34 6 292 208 571 22 10 23 41 19,414 11, 254 47,563 2,994 754 2,424 3,719 36,715 18, 699 70, 667 7,005 1,779 5,286 11,900 63,929 49,805 6,065 8,272 10,901 1,429 957 639 6,120 1,225 1,542 1,167 88,122 152, 051 1,297 109 84 163 185 1 39 16 16 50 663 1,960 4,272 3,459 758 717 1,264 7,007 11, 279 Total (nonmember banks). 5,569 Total country banks 1,192,461 3,568 842 880 1,449 1 39 647 130 64 7,670 13,239 434,823 290, 742 363, 210 292, 703 32,191 25,314 23, 282 40,869 19,879 68, 679 G6, 793 1, 658, 485 2,850,946 1,067,797 530, 634 533, 260 529,172 83,603 110,436 92, 690 94, 681 31, 738 149, 389 116, 655 3,340,055 7,371,631 Iowa _ _ Missouri _ _ Total Middle Western States North Dakota South DakotaNebraska _ - .. Kansas Montana Wyoming.. .. Colorado New Mexico Oklahoma Total Western States. Washington Oregon California Idaho . Utah Nevada . Arizona _ Total Pacific States Alaska (nonmember banks) The Territory of Hawaii (nonmember bank) _. Total United States. . . . 4,031, 576 2 631 130 48 50 66 REPORT OF THE COMPTROLLER OF THE CURRENCY EARNINGS AND DIVIDENDS OP NATIONAL BANKS A comparative statement of the earnings and dividends of national banks for the fiscal years ended June 30, 1932, and 1933, and statements showing the capital, surplus, and earnings, etc., of these associations in reserve cities and States and Federal Reserve districts June 30, 1933, follow. (Similar tables for the 6-month periods ended Dec. 31, 1932, and June 30, 1933, are published in the appendix of this report.) Earnings and dividends of national banks for the fiscal years ended June 80, 1982 and 1988 [In thousands of dollars] June 30, 1932 June 30, 1933 (6,150 banks) (4,902 banks) Capital, par value: Common Preferred— i 1,463,412 i 53,793 Total. Surplus Total capital and surplus. Gross earnings: Interest and discount on loans _ Interest and dividends on bonds, stocks, and other securities Interest on balances with other banks Collection charges, commissions, fees, etc Foreign department (except interest on foreign loans, investments, and bank balances) Trust department Service charges on deposit accounts Other earnings ___ TotalExpenses: -Salaries and wages Interest on deposits of other banks __. Interest on other demand deposits Interest on other time deposits._. Interest and discount on borrowed moneyTaxes Other expenses— _ Total current expenses _ Withdrawals from reserves for expenses of previous periods accrued and unpaid 2 _ Grand total. Net earnings Recoveries, profits on securities, etc.: On loans. On bonds, stocks, and other securities.. Allother Total _•_ Total net earnings, recoveries, etc. i 1,568,983 i 1,259,425 i 1,517,205 1940,598 i 2,828,408 i -2,457,803 615,357 298,841 14,645 12,699 473,696 18,172 22,366 283,568 10,657 14,099 83,092 12,538 21,461 14,006 52,337 1,065,172 882,362 239, 200 25,820 66,772 230,439 21,504 48,080 139, 783 204,513 18,521 46, 715 189,087 17,181 41,020 120, 714 771,598 637,751 771,598 293,574 666,010 216,352 16,753 34,390 16,051 17,129 51,515 9,915 28,259 67,194 78,559 360,768 294,911 i Capital and surplus as of end of fiscal year. * For classification of amounts see abstract of earnings and dividends for 6 months ended Dec. 31,1932, published in appendix of this report. NOTE.—Figures reported include the returns of all active banks Dec. 31 and June 30, but the number of banks shown in the heading represent the number active on June 30. REPORT OF THE COMPTROLLER OF THE CURRENCY 67 Earnings and dividends of national hanks for the fiscal years ended June 80, 1932 and 1983—Continued June 30, 1932 June 30, 1933 (6,150 banks) (4,902 banks) Losses and depreciation: On loans On bonds, stocks, and other securities On banking house, furniture and fixtures Other losses and depreciation Total current period _ Withdrawals from reserve for depreciation of previous periods on real estate 2-.._» ———._- . Grand total.._ _ Net addition to profits „ Dividends. _ _ ___ Ratios: Dividends to common capitall „ percent.. Dividends to common capital and surplus * do Net addition to profits to common capital i do Net addition to profits to common capital and surplus L. do 1 Capital 2 259,478 201,848 17,693 21, 529 231,420 236,557 15,916 22,803 506, 698 6, 599 513, 295 3 218,384 99,098 6.77 4.12 8 14.92 3 9.08 and surplus as of end of fiscal year. For classification of amounts see abstract of earnings and dividends for 6 months ended Dee. 31,1932, published in appendix of this report. s Deficit. Abstract of reports of earnings and dividends of national banks for the year ended June 80, 1938 {active banks operating on an unrestricted basis Dec. 31, 1932, and June 80, 1988) [In thousands of dollars] Capital, par value Location Maine _ New Hampshire Vermont _ Massachusetts Boston Khode Island Connecticut Total New England States New York i Brooklyn and Bronx New York City New Jersey Pennsylvania Philadelphia Pittsburgh ___. DelawareMaryland Baltimore Washington, D.C Total Eastern States Virginias West Virginia North Carolina Charlotte South Carolina Georgia8 Number of banks Common Preferred 25 48 33 121 6 10 58 4,400 5,loO 4,185 28,427 72,000 4,520 19,902 Total Gross earnings Foreign departInterest Total ment and divi- Interest Collec- cept (excapital inService tion Surplus and Interest dends on on balon Trust charges Other dis- bonds, charges, terest surplus and ances foreign departon de- earncount stocks, commis- loans, in- ment posit other sions, ac- ings fees veston loans and with banks counts etc. other sements, curities and bank balances) 250 360 4,925 4,045 5,505 4,284 5,170 1,868 29,646 20,152 72,000 42, 750 4,770 5,580 20,262 15, 767 8,970 2,403 9,789 1,823 7,038 1,532 49, 798 9,614 114, 750 16,034 10,350 1,205 36,029 7,532 525 375 1,219 2,167 1,214 979 7,219 9,051 858 3,078 36 22 8 104 563 13 93 30 24 22 138 213 6 53 21 2 2 20 1,216 2 22 64 22 25 276 714 18 727 28 75 28 577 640 43 220 107 204 102 958 2,206 57 800 18,906 30,637 2,202 12,525 1,611 4,434 75,210 5,908 628 796 256 95 9 17 16 152 116 1,214 401 280 246 3 3 9 36 67 1,402 47,823 53 1,406 9,893 135,416 1,523 34, 308 2,233 62,343 646 23,431 650 17,104 14 1,000 60 4,221 263 4,298 420 5,720 8,420 3,063 17,157 337,070 301 138,564 3,714 142,278 94, 446 236, 724 40,143 24, 566 486 1,285 1,846 396 8 10 214 582 14 5 15 41 4 8 59,263 4,975 302,679 43,977 80,773 32,626 22,200 1,623 3,818 5,750 6,950 2,411 61,674 4,975 302,679 45,487 81,398 32,626 22,200 1,623 4,802 5,750 6,950 109,345 6,665 480,004 79,238 189,949 76,446 51,375 4,198 8,557 11,150 12,050 24, 235 656 58,413 18,112 34, 208 13,103 6,012 550 2,372 1,352 2,902 20,257 561 48,523 13,235 24,041 8,193 10,088 409 1,711 2,556 2,024 311 7 142 160 470 536 143 4 34 29 104 372 9 2,741 226 281 82 75 11 18 41 43 15 4 8,582 23 34 369 38 543 1,297 564, 634 5,530 570,164 458,813 1,028,977 161,915 131, 598 1,940 3,899 9,078 122 62 32 3 15 47 25,669 10,445 3,615 1,300 1,725 17,315 45 510 540 2,702 1,205 318 129 425 2.251 202 103 25 8 36 365 159 58 59 10 82 405 1,510 625 47,671 1,690 177,325 33, 751 108,551 43,820 29,175 2,575 3,755 5,400 5,100 25,714 14,316 10,955 5,900 4,155 2,170 1,300 1,300 1,725 1,410 17,315 11,934 40,030 16,855 6,325 2,600 3,135 29,249 9,167 4,013 1,438 353 904 5.173 Total gross earnings 299 83 16 12 20 176 177 64 47 23 53 270 564 550 80 37 97 747 4,856 13r273 6,079 1,983 572 1,617 9,388 00 Florida Jacksonville.. Alabama 4 Mississippi Louisiana New OrleansTexas 8 Dallas Fort Worth Galveston Houston San Antonio.. Waco Arkansas Kentucky • Memphis—. Nashville—. Total Southern States. 42 3 66 23 19 3 423 3 4 4 7 6 3 45 87 61 3 3 12,150 4,550 2,150 9,100 4,950 1,350 4,720 10,545 7,069 5,500 3,900 ~4,~666" 8,800 3,001 6,000 1,620 20,755 9,624 3,935 1,953 4,225 1,690 8,200 2,640 34,655 17,634 12,150 3,150 4,550 1,650 2,150 750 9,100 5,125 4,950 1,925 1,350 400 4,720 2,677 10,675 9,322 7,069 3,527 5,500 2,750 7,900 450 201, 261 16, 587 217,848 106,918 8,800 6,000 13,255 3,735 4,225 5,200 7,500 200 3,000 662 130 11,801 1,192 7,620 731 30,379 4,324 5,888 1,466 5,915 1,577 10,840 1,459 52,289 11,323 15,300 3,655 6,200 1,689 2,900 625 14,225 2,563 6,875 1,116 1,750 388 7,397 1,507 19,997 5,082 10,596 8,250 1,147 8,350 2,303 324, 766 2,070 1,116 1,742 699 433 437 3,330 1,160 540 358 1,437 578 259 798 2,200 871 643 459 26,160 66 26 46 23 455 112 59 40 182 62 18 54 114 138 91 2,402 196 101 165 100 99 57 520 77 22 50 72 28 21 86 58 95 100 94 2,714 133 12 217 53 105 203 21 20 11 40 56 33 15 51 28 1,411 218 63 135 38 42 26 306 84 50 8 99 53 3 47 70 104 50 37 2,067 299 243 375 94 139 358 868 272 225 20 129 247 207 173 643 4,094 2,412 7,165 2,444 2,356 2,415 16,849 5,428 2,618 1,164 4,882 2,251 709 2,629 7,835 5,151 2,248 3, 582 7,287 109,144 Ohio?_ 352 1,357 22,182 203 35,105 35,315 22, 721 353 122 58,036 13,450 5,998 363 187 210 Cincinnati 4 7,900 5,750 102 12 12 7,900 13,650 2,021 278 1,245 36 3,725 19 3 3 Columbus 7,200 7,200 4,300 727 1,145 57 78 228 4,337 21 11,500 2,078 8 6 Indiana 104 621 10, 793 3,255 210 193 15,055 1,205 16,260 8,954 180 25,214 6,140 188 3 Illinois 775 12,927 4,672 139 326 220 20,730 22,160 10,054 1,430 32,214 6,491 158 363 7,929 562 Chicago, central reserve12 110,279 661 3,333 629 2,915 36,874 110,279 42, 523 152,802 19,562 1,283 95 260 3 Chicago, other reserve. _. 4 33 3 41 1,050 1,050 761 1,811 15 500 50 709 596 22 Peoria. 129 3 3,260 3,260 2,550 41 39 5,810 1,556 20 5,704 276 Michigan 9 119 379 2,171 26,442 50 13,005 13,510 26,515 9,820 36,335 17, 305 217 271 4,078 204 Wisconsin 10 85 84 24,945 35 24,980 12,844 37,824 10,118 67 276 1,363 16,424 233 3,985 278 1 Minnesota 30 16,850 7,120 99 185 197 16,820 23,970 4,979 513 10,531 491 2,345 125 180 33 190 Minneapolis 4 12,200 12,200 7,250 19,450 4,425 146 375 7,819 1,566 82 6 13 70 St. Paul 6,850 2,000 8,850 4,250 13,100 2,612 381 142 4,872 n 1,995 89 Iowa 8,635 4,364 12,999 3,589 518 185 173 8,575 60 6,637 372 15 600 308 1,050 17 29 Sioux City 1,050 1,650 783 12 Includes 1 bank in reserve city of Buffalo for June 30, 1933; also 3 banks as of Dec. 31,1932. Includes 2 banks in reserve city of Richmond. 3 Includes 2 banks in each reserve city of Atlanta and Savannah. 4 Includes 1 bank in reserve city of Birmingham. 8 Includes 2 banks in reserve city of El Paso. 6 Includes 2 banks in reserve city of Louisville. 7 Includes 2 banks in reserve city of Cleveland; also 1 in Toledo for Dec. 31, 1932. s Includes 2 banks in reserve city of Indianapolis for June 30,1933, and 3 banks for Dec. 31,1932. 9 Includes 1 bank in reserve city of Detroit for June 30,1933; also 2 banks in Detroit and 1 in Grand Rapids for Dec. 31,1932. 10 Includes 2 banks in reserve city of Milwaukee. 11 Includes 1 bank in each reserve city of Cedar Rapids and Dubuque; also 2 banks in Des Moines for June 30,1933, and 3 banks for Dec. 31,1932. NOTE.—The number of banks, capital and surplus shown in this table are for reporting banks on June 30, 1933. The remainingfigures,however, include the returns of 6,016 reporting banks in the 6 months ended Dec. 31,1932. (See semiannual statements in the appendix of this report.) 3 O O 8 i IT* CO Abstract of reports of earnings and dividends of national banks for the year ended June 30, 1933 {active banks operating on an unrestricted basis Dec. 31, 1932, and June 30, 1933)—Continued [In thousands of dollars] Gross earnings Capital, par value Number of banks Common Preferred Location Missouri Kansas City St. Joseph . _ St. Louis. _._ Total Middle Western States _ „ North Dakota South Dakota _ Nebraska Lincoln Omaha Kansas I 2 . _ Topeka Wichita Montana 1 3 - . Wyoming 4 _ Colorado * Denver. New Mexico— _ ._ Oklahoma Oklahoma City Tulsa Total Western States Washington" Seattle Oregon 16 . __ 68 6 4 5 5,085 4,300 1,100 15,700 150 1,067 310,209 18,630 67 63 120 3 6 191 3 4 46 25 67 6 23 207 5 4 3,775 3,570 6,140 1,350 5.000 11,472 1,200 2,400 4,055 2,270 4,820 5,300 1,410 10,560 7,200 4,950 840 75,472 60 3 56 7,650 13,000 10,495 Total 5,235 4,300 1,100 15,700 Total Surplus capital Interest and dissurplus and Icount on loans 2,270 2,041 850 3,075 328,839 152,097 7,505 6,341 1,950 18,775 Interest and divi- Interest dends on on balbonds, ances stocks, with other and banks other securities Foreign department (exCollec- cept inService tion terest Trust charges Other charges, foreignon departon de- earncommisin- ment posit ac- ings sions, fees loans, counts vestetc. ments, and bank balances) 1,903 2,137 374 4,248 1,039 1,146 208 2,716 51 195 38 127 63 28 7 115 480,936 102,544 50,254 2,872 4,058 37 14 217 3 100 78 96 21 75 181 148 48 365 3,329 3,968 699 7,783 1,099 5,404 3,242 12,708 182,181 11 11 5 110 30 11 46 17 8 53 237 9 33 49 29 66 54 73 45 157 92 11 44 67 35 66 164 34 104 56 62 197 168 180 50 640 409 31 140 165 63 275 184 91 411 255 479 3,121 2,764 4,036 957 3,670 6,047 771 1,150 3,137 1,845 4,059 4,812 1,264 7,080 3,507 2,823 659 1,130 3,738 51,043 158 147 204 366 67 410 5,322 5,284 7,612 1 1,963 1,930 3,049 550 2,310 4,889 400 1,300 2,762 1,429 3,232 5,000 729 3,851 1,510 2,650 5,738 5,500 9,189 1,900 7,310 16,361 1,600 3,700 6,817 3,699 8,052 10, 300 2,189 14,411 8,710 11,600 1,783 1,449 2,667 531 1,720 3,796 313 374 1,392 1,256 2,154 1,998 734 3,552 1,825 1,486 835 926 945 305 863 1,429 362 446 1,368 424 1,326 2,103 354 2,528 1,215 696 22 23 65 16 65 183 37 64 48 33 136 92 20 196 84 51 205 133 106 5 113 108 6 36 79 26 49 29 22 256 23 20 2 4,000 3,775 3,570 6,140 1,350 5,000 11,472 1,200 2,400 4,055 2,270 4,820 5,300 1,460 10,560 7,200 8,950 4,050 79,522 37,554 117,076 27,030 16,125 1,135 1,216 10 1,828 2,245 3,463 99 140 211 50 150 7,800 13,000 10,495 3,015 3,100 4,857 10,815 16,100 15,352 2,628 2,322 3,004 132 168 158 Total gross earnings 2 1 5 12 61 30 99 134 132 California 17 Los Angeles San Francisco Idaho M Utahis £ Salt Lake City _o Nevada o Arizona 126 4 5 24 11 3 6 8 16,467 40,000 75,900 1,435 1,075 1,850 450 1,525 5,000 100 32 A 306 169,847 5,282 4 1 275 3,150 Total Pacific States Alaska—nonmember The Territory of Hawaii—nonmember. Total nonmember banks Total central reserve cities Total all other reserve cities Total country banks, including nonmember banks Total United States - 16,467 7,327 40,000 20,800 80,900 46,702 1,535 687 1,107 400 '1,850 730 450 255 1,525 835 175,129 88, 708 275 3,150 182 1,880 3,425 2,062 658 1,418 3,738 76 18 39 73 101 11,472 35,033 56,504 1,055 626 1,339 498 1,004 3,720 2,875 6,964 125, 749 18 19 30 239 1,726 18 49 1,965 3,389 8,384 13, 503 320 131 520 194 379 221 350 297 22 15 51 8 14 199 477 404 18 4 16 10 21 5 75 648 263,837 73, 961 34,356 1,428 1,607 838 457 5,030 111 1,106 81 428 8 33 18 101 1 10 1 5,487 1 6 305 1,813 1,216 8 1 9 3,425 412,958 __________ 481,061 38, 000 1,217 509 41 119 11 1 412,958 219,848 519,061 307, 240 632,806 77,975 826,301 177,647 56,452 96,336 704 5,265 4,024 4,054 9,243 2,959 9,241 7,030 569, 393 15, 793 585,186 413, 510 998, 696 218,074 130, 780 4,688 6,021 336 5,190 6,071 18,891 890,051 4,902 1,463, 412 53, 793 1.517,205 940, 598 2,457,803 473,696 283, 568 10,657 14,099 12, 538 21,461 14,006 52,337 882,362 5 22 206 4,674 *23 Includes 2 banks in reserve city of Kansas City. 14 Includes 1 bank in reserve city of Helena. - 5 Includes 2 banks^n reserve city of Pueblo. * Includes 1 bank in reserve city of Spokane for June 30,1933, and 2 banks as of Dec. 31,1932. 167 Includes 2 banks in reserve city of Portland as of June 30, 1933, and 4 banks as of Dec. 31,1932. *8 Includes 1 bank in reserve city of Oakland for June 30,1933, and 2 banks as of Dec. 31,1932. i Includes 1 bank in reserve city of Ogden. 3 309 863 1,042 23 15 59 8 47 23, 794 6,386 60,800 21,653 127,602 35,656 2,222 588 1,507 442 2,580 645 705 204 2,360 433 1,843 12,808 172,290 6,092 20, 638 320,021 o < Abstract of reports of earnings and dividends of national banks for the year ended June 80, 1933—Continued [In thousands of dollars] Recoveries, profits on securities, etc. Expenses Interest Interest Interest disSala- Interest on de- on other on other and count Taxes ries posits of demand time on borand deposdeposother rowed wages banks its its money Location Maine New Hampshire Vermont _ Massachusetts Boston Rhode Island Connecticut Withdrawals from reserves for Other Total expenses Grand curexof extotal penses rent penses previous periods accrued and unpaid 10 Net earnings On bonds, stocks, All On and other loans other securities Total Total net earnings, recoveries, etc. __. 806 852 535 4,226 6,836 429 3,087 60 39 12 152 670 19 139 160 176 29 891 1,914 121 746 2,189 706 974 5,457 3,832 536 2,980 77 79 78 297 103 11 133 159 186 195 660 692 105 636 445 465 283 2,625 4,147 301 1,548 3,896 2,503 2,106 14,308 18,194 1,522 9,269 204 64 82 736 2,545 101 952 4,100 2,567 2,188 15,044 20, 739 1,623 10, 221 756 819 510 3,862 9,898 579 2,304 10 56 46 284 380 42 112 285 148 119 979 3,725 127 505 56 42 4 475 243 12 34 351 246 169 1,738 4,348 181 651 1,107 1,065 679 5,600 14,246 760 2,955 Total New England States. New York _ Brooklyn and Bronx New York City New Jersey Pennsylvania Philadelphia Pittsburgh Delaware._ Maryland Baltimore Washington, D.C Total Eastern States 16, 771 1,091 4,037 16, 674 778 2,633 9,814 51,798 4,684 56, 482 18, 728 930 5,888 866 7,684 26,412 9,791 448 32,007 7,291 12,162 4,968 2,513 189 767 659 1,524 362 4 4,593 110 164 1,033 1,324 4 16,566 213 6,590 10,912 21, 679 2,520 2,666 273 1,898 657 1,557 1,336 57 502 1,250 1,835 438 68 34 98 2 100 1,226 36 3,556 1,642 2,247 879 718 32 209 251 446 5,668 347 20,108 4,305 5,950 3,291 1,458 94 333 429 683 37, 224 1,166 74,720 26,773 46,103 15, 501 11,346 664 3,374 2,468 4,623 1,069 2 4,239 953 1,705 1,292 972 17 38 432 325 38,293 1,168 78, 959 27, 726 47,808 16, 793 12,318 681 3,412 2,900 4,948 9,530 238 56. 457 6,582' 14, 535 6,638 4,786 319 809 1,398 772 977 156 456 305 256 48 2 24 9 32 2,664 65 17,930 1,557 1,731 708 1,768 17 194 1,892 326 1,712 4 386 196 563 548 178 194 79 2,275 61 7,364 1,263 2,066 2,372 2,599 38 62 276 234 26 5,353 225 24,117 2,209 2,599 1,512 1,994 19 925 1,901 384 14,883 463 80,574 8,791 17,134 8,150 6,780 338 1,734 3,299 1,156 72, 319 7,874 18, 610 65,531 5,720 11,242 11,044 235, 006 102,064 8,066 28,852 4,320 41,238 143,302 2,873 1,262 498 163 412 2,171 201 70 9 5 27 244 519 257 52 13 47 432 3,824 •1,638 552 107 357 1,862 261 270 133 19 138 142 621 368 129 29 141 2,805 1,201 199 39 8 1,760 168 116 64 433 107 60 2 57 374 112 113 18 713 336 142 2 153 524 3,518 1,537 341 41 161 2,284 Virginia West Virginia North Carolina.-Charlotte.-. South Carolina Georgia 7 739 42, 666 223,962 1,491 734 287 96 295 1,734 9,790 4,599 1,660 432 1,417 7,324 678 279 124 101 192 304 10,468 4,878 1,784 533 1,609 7,628 5,801 62 88 707 34 62 Florida Jacksonville Alabama Mississippi Louisiana _ New Orleans Texas -- Dallas Fort Worth . Galveston . Houston San Antonio Waco Arkansas . Kentucky _ Tennessee Memphis Nashville --- __ . _ Ohio _-Cincinnati Columbus ___ Indiana Illinois Chicago central Reserve Chicago, other Reserve Peoria Michigan Wisconsin Minnesota _ Minneapolis St. Paul Iowa Sioux City Missouri _ _ Kansas City St. Joseph St. Louis - -- - Total Middle Western States - _. 24 79 77 11 54 154 185 184 93 67 170 45 10 59 145 147 83 97 286 151 365 62 120 195 1,082 421 240 35 300 86 55 71 324 158 69 78 787 528 1,444 720 456 327 1,670 587 339 294 807 319 174 688 1,894 1,364 504 503 38 1 272 133 126 1 371 21 7 24 11 59 180 461 397 161 55 259 323 188 168 1,318 515 185 70 409 261 61 148 529 296 173 238 758 440 1,098 359 331 333 2,677 512 497 92 699 511 • 87 417 817 639 315 386 15, 605 2,240 5,418 21, 745 3,065 7,384 5,122 723 838 2,727 3,774 9,312 181 389 5,028 4,064 2,629 2,041 1,041 1,701 244 896 1,070 255 1,870 201 139 209 246 99 1,060 6,019 584 508 2,608 3,235 3,328 105 439 7,080 3,987 3,362 1,315 1,087 1,684 136 763 323 165 1,373 506 29 9 230 291 63 33 26 260 265 90 442 116 96 34 33 339 63 226 1,484 329 436 676 372 2,715 7 44 1,569 745 321 358 293 383 31 165 431 17 472 13 1,541 206 190 921 805 5,265 27 112 1,181 500 714 396 245 257 38 179 221 37 446 43,905 3,944 10,848 38,101 2,126 13, 281 847 804 1,183 304 1,001 1,934 222 316 11 20 26 63 121 106 48 85 81 130 110 52 126 332 70 56 829 566 978 100 462 1,179 118 178 77 152 102 2 40 86 127 72 146 36 197 360 24 66 26,901 Total Southern States North Dakota South Dakota Nebraska Lincoln Omaha Kansas Topeka Wichita 1,174 676 1,827 632 592 611 5,342 1,080 648 240 1,184 571 140 648 1,761 1,209 544 643 355 170 111 7 9 161 10 101 28 1 3,305 320 1,326 1,382 1,893 4,761 149 203 3,783 2,675 1,376 1,274 749 1,066 142 496 533 138 928 3,228 1,930 5,342 2,240 1,867 1,789 12, 645 3,320 2,009 822 3,569 1,804 527 2,090 5,650 4,274 1,688 2,342 24 101 337 35 189 307 283 331 190 110 264 112 5 53 184 321 842 381 1,486 169 300 319 3,921 1,777 419 232 1,049 335 177 486 2,001 556 560 1,012 47 49 110 31 29 6 881 131 130 34 192 57 9 62 118 37 80 86 369 196 182 101 8 107 271 187 102 103 246 138 17 47 457 117 85 80 32 2 25 140 17 1 237 11 10 12 9 18 228 3,252 2,031 5,679 2,275 2,056 2,096 12, 928 3,651 2,199 932 3,833 1,916 532 2,143 5,834 4,595 1,688 2,570 82, 358 4,752 87,110 22, 034 2,587 18,178 2,330 3,516 8,790 10,469 26,504 502 1,213 19,256 12,406 8,603 5,833 3,540 5,348 635 2,633 2,945 675 5,328 436 15 230 496 318 143 37 33 151 1,258 172 122 63 70 18,614 2,345 3,746 9,286 10,787 26,647 539 1,246 19,407 13,664 8,775 5,955 3,603 5,418 635 2,698 2,995 704 5,768 3,568 1,380 591 1,507 2,140 10,227 2139 310 7,035 2,760 1,756 1,864 1,269 1,219 148 631 973 215 2,015 194 28 43 144 173 597 3 3 547 239 92 146 65 108 4 33 69 28 271 4,128 142,832 39,349 2,543 2,232 3,083 718 3,037 4,955 614 1,075 578 532 953 239 633 1,092 157 75 26,499 138, 704 565 459 513 161 926 939 129 224 2,537 2,203 3,058 718 2,873 4,936 611 926 65 50 29 440 6 29 25 164 19 3 149 17 25 18 16 21 448 247 317 272 54 114 1,389 329 242 149 447 213 26 126 600 172 181 187 1,29C 628 1,803 441 354 433 5,310 2,106 661 381 1,496 548 203 612 2,601 728 741 1,199 3,846 950 7,383 29,417 511 182 163 584 544 93 8 26 931 641 275 749 446 239 59 80 70 7 351 231 10 33 334 166 31 430 65 219 206 46 263 43 44 15 4 68 936 220 239 1,062 883 721 11 29 1,908 945 586 1,101 557 610 106 157 154 39 690 4,504 1,600 830 2,569 3,023 10,948 2128 339 8,943 3,705 2,342 2,965 1,826 1,829 254 788 1,127 34 2,705 2,787 5,959 2,208 10,954 50,303 44 68 105 11 80 263 10 16 84 55 101 119 429 97 15 102 91 31 34 1 27 73 219 154 240 131 536 433 25 159 797 686 1,193 370 1,169 1,525 182 234 s For classification of amounts see abstract of earnings and dividends for 6 months ended Dec. 31,1932, published in appendix of this report. 41 « Deficit. Abstract of reports of earnings and dividends of national banks for the year ended June 80, 1933—Continued [In thousands of dollars] Recoveries, profits on securities, etc. Expenses Interest Interest Interest Sala- Interest dison de- on other on other and ries posits count Taxes time on of demand and borother depos- depos- rowed wages banks its its money Location Montana Wvoming Colorado Denver New Mexico Oklahoma Oklahoma City Tulsa . Total Western States Washington, _ Seattle Oregon California Los Angeles San Francisco Idaho Utah Salt Lake City Nevada Arizona Total Pacific States _. 817 464 1,116 1,318 370 2,101 641 807 14, 245 Withdrawals from reserves for Other Total Grand cur- expenses of extotal expenses rent penses previous periods accrued and unpaid Net earnings On loans On bonds, stocks, and other securities other All Total Total net earnings, recoveries, etc. 78 134 84 132 88 136 314 70 618 311 345 777 434 940 1,094 200 1,257 655 361 42 42 109 20 38 74 16 50 215 96 405 342 107 191 98 93 502 210 522 674 210 1,071 574 735 2,505 1,355 3,288 3,930 1,002 5,390 2,429 2,475 2 13 76 358 15 107 82 184 2,507 1, 368 3,364 4,288 1,017 5,497 2,511 2,659 630 477 695 524 247 1,583 996 164 240 76 320 69 70 380 23 29 98 47 312 139 18 125 175 46 10 5 22 21 10 48 15 9 348 128 654 229 98 553 213 84 978 605 1,349 753 345 2,136 1,209 248 1,052 2,971 10,128 851 2,575 8,414 40, 236 1,232 41,468 9,575 1,804 1,962 438 4,204 13, 779 1,319 1,055 2,140 2,957 10, 369 17,337 215 149 309 233 233 204 17 97 368 9 3,853 25 24 12 12 16 120 89 232 343 692 2,109 45 19 17 26 168 839 632 993 1,798 4,695 7,742 161 • 87 237 61 227 4,167 3,458 5,975 9,252 24,993 47, 564 814 485 1,007 455 1,017 120 146 155 60 767 1,012 1 19 53 4 46 4,287 3,604 6,130 9,312 25, 760 48, 576 815 504 1,060 459 1,063 1,035 1,680 1,482 2,160 9,273 7,928 240 122 279 39 2159 79 26 165 157 91 352 25 4 7 2 14 107 833 417 270 1,673 1,428 29 14 64 9 133 44 22 174 102 29 679 14 54 230 881 756 529 1,793 2,459 68 25 71 11 201 1,265 2,561 2,238 2,689 11,066 10, 387 308 147 350 50 142 36, 316 4,637 3,860 17, 472 99,187 2,383 101, 570 24,179 922 4,977 1,125 7,024 31, 203 20 21 60 168 7 1,444 1,264 2,035 3 204 7,843 12,918 296 148 285 118 331 35 214 202 132 258 1,359 11 29 67 4 206 187 276 450 1,127 2, 246 61 29 80 5 ,38 29,886 2,311 4,705 7 Alaska—nonmember The Territory of Hawaii—nonmember Total nonmember banks Total central reserve cities Total all other reserve cities Total country banks, including nonmember banks Total United States. 65 421 9 7 119 53 539 4 9 36 34 210 172 1,334 244 1,506 486 9 126 592 4 45 41,319 71,548 5,653 10,089 10,079 20,185 9,918 66,488 565 5,801 8,821 13,391 24,869 101, 224 45,550 233,052 50,295 303,475 91, 646 2,779 16,451 112,681 10, 815 18,808 204, 513 18,521 46,715 189,087 17,181 41,020 120,714 637, 751 36 172 1,370 36 67 356 21 12 2 29 7 1 30 42 97 398 1,542 423 33 31 8 72 495 4,382 105,606 12,873 245,925 66,684 74,096 6,398 4,172 18,023 19,947 417 3,131 24,838 27,250 91,522 101,346 11,004 314,479 75,572 6,559 13,545 6,367 26,471 102,043 28, 259 666,010 216,352 17,129 51,515 9,915 78, 559 294,911 21 Deficit. d o l 3 tel Abstract of reports of earnings and dividends of national banks for the year ended June 30, 1933—Continued [In thousands of dollars] Losses and depreciation Location Maine New Hampshire Vermont... Massachusetts Boston Rhode Island Connecticut _ Total New England States. New York Brooklyn and Bronx New York City. New Jersey Pennsylvania Philadelphia Pittsburgh Delaware Maryland Baltimore Washington, D.C Total Eastern States Virginia.West Virginia North Carolina Charlotte South Carolina Georgia , On On bonds, banking house, stocks, On loans and other furnisecuri- ture and fixtures ties 800 893 435 7,088 12,213 470 4,644 2,464 1,033 727 6,417 6/212 547 1,978 26, 543 19,378 10,645 533 37, 216 7,785 10,309 11,866 1,939 113 1,294 590 741 92 22 28 491 422 5 218 Other and depreciation Total current period Ratios Withdrawals from reserves for depreciation of previous periods on real estate w 3,449 Grand total Net addition to profits Dividends 212,342 21917 21548 21 9,284 21 5,348 21302 214,442 219 344 411 1,434 5,621 392 Dividends to Dividends to common common capital capital 2° and surplus 2° Percent 4.98 6.71 3.37 5.04 7.81 8.67 6.95 Percent 2.59 3.65 2.33 2.95 4.90 3.88 3.88 Net addition to profits to common capital 20 Net addition to profits to common capital and surplus 2° Percent Percent 2i 53. 23 21 17.88 21 13.09 21 32. 66 2i 7.43 21 6. 68 21 22.32 21 27. 73 21 9. 74 2i 9.05 2i 19.11 21 4.66 21 2.99 2112. 45 37 405 637 35 344 1,227 14,401 19,484 1,057 7,184 110 5 213 3,449 1,982 1,227 14,884 19,594 1,062 7,397 1.278 1,585 48,784 811 49. 595 21 23,183 9,535 6.8 4.09 21 16. 73 219.95 18,960 241 83,295 10,304 19,637 5,900 3,521 397 3,552 3,198 762 672 53 3,613 546 1,062 13 3,741 929 1,244 771 56 16 162 21 78 31,339 840 127,865 19. 564 32.113 18,641 5,760 534 5,061 3,827 1,629 356 2116.812 21377 21 47,432 21 11,080 21 16,047 21 10,599 1.020 2U96 21 3,376 21538 21693 2,773 15 34, 244 2,334 6,902 4.68 .30 11.31 5.31 8.54 17.13 7.09 10.60 6.47 16.00 12.13 2.59 .23 7.13 3.00 3.65 7.31 3.06 4.10 3.26 8.25 7.00 21 28. 37 10 220 31,695 840 128,006 19,871 33,181 18.749 5,760 534 5,110 3,837 1,849 21 15. 72 21 5. 66 21 9.88 21 14. 25 2 i 8.48 21 13.86 1.99 21 4. 67 21 44. 58 21 4.83 21 5. 75 83,031 149, 767 6,282 247.173 2.259 249,432 2,506 2,160 773 169 661 1,634 2,244 1,425 68 11 544 1,108 154 78 96 14 7 212 5.061 4,251 1,042 208 1,266 3,300 392 40 98 109 9 61 923 104 244 8 53 18 157 588 105 14 54 346 141 307 1,068 108 5.453 4,291 1,140 317 1,275 3,361 11 1,384 5.590 1. 574 172 247 920 21 7. 58 21 21 21 21 15. 67 25.19 19. 87 32. 49 4.59 21 12. 08 21 88. 42 21 9. 36 21 9. 97 106,130 55,614 9.85 5.43 2118.80 21 10. 37 211,935 21 2,754 1,665 324 140 100 63 6.49 3.10 3-87 7.69 3.65 5.94 4.16 1.98 2.42 3.85 2.01 3.51 217.54 21 26.37 21 22.10 21 21.23 « 64.58 21 6.22 21 4. 84 2116.85 2113.81 21 10.62 2135.53 213.68 21276 211,114 3U.077 1,028 Florida Jacksonville Alabama Mississippi Louisiana New Orleans Texas Dallas Fort Worth Oalveston Houston. San Antonio Waco Arkansas _ _ __ Kentucky Tennessee Memphis Nashville _ ___ .. Total Southern States Ohio Cincinnati Columbus _ _Indiana Illinois Chicago, central reserve Chicago, other reserve Peoria Michigan Wisconsin. _ _ _ Minnesota M inneapolis St Paul Iowa Sioux City Missouri Kansas City St. Joseph St. Louis _ __ Total Middle Western States North Dakota South Dakota . Nebraska Lincoln Omaha _ - ifi 30 864 204 3, 255 676 211 256 7,749 2,576 2S 330 231 1,293 619 158 649 2,336 1,263 486 2,626 1,355 729 813 371 156 35 940 475 136 232 285 105 58 327 1,360 320 439 540 35,385 14,076 74 77 42 35 106 12 71 36 23 56 200 27 191 151 36 5 679 42 164 6 168 102 8 82 307 69 320 142 2,493 1,037 4,301 1 233 509 296 9,552 3,098 2,632 509 1,910 911 224 1,070 4,074 1,688 1,268 3,364 1,873 3,963 484 5 2 40 164 85 176 225 667 39 96 336 857 1,290 108 34 427 141 10 88 992 318 260 396 2.00 3.75 5.03 1 04 2.27 6.46 2.52 10.62 2.37 1.58 4.69 2.85 .74 1.86 9.41 4.50 4.73 10.15 1.49 2.95 2.92 69 1.62 4.29 1.66 8.43 1.74 1.17 3.00 2.05 .57 1.19 4.99 3.00 3.15 9.10 21 10. 29 21 5.75 21 10.95 21 13 92 21 4.04 1.75 21 8.31 21 6. 54 21 31.85 21 5. 38 21 2. 91 215.28 21 1. 20 21 6.19 21 8.14 21 9.13 21 6. 39 21 50.44 55, 297 1,109 56, 406 9,780 4.86 3.17 21 13. 41 21 8. 76 10,064 1,315 1,759 7,249 10,828 15,624 179 755 10,121 10, 769 5,683 2,469 2,902 3,186 1,211 1,515 1,189 63 4,796 250 10,314 1,315 1,764 7,360 11,030 15,624 184 755 10, 541 11,061 5,694 2,469 2,902 3,215 1,211 1,515 1,217 63 4,796 2i 5,810 285 21934 21 4, 791 21 8,007 21 4,676 21212 21416 21 1,598 21 7,356 2i 3, 352 496 2i 1,076 2i 1, 386 21957 21 727 2190 2129 21 2,091 901 760 480 588 368 2,725 4 77 1,381 1,206 340 832 607 95 43 134 402 30 645 2.57 9.62 6.67 3.91 1.78 2.47 .38 2.36 10.62 4.83 2.02 6.82 8.86 1.11 4.10 2.64 9.35 2.73 4.11 1.56 5.57 4.17 2.45 1.20 1.78 .22 1.33 6.05 3.19 1.42 4.28 5.47 .73 2.61 1.82 6.34 1.54 3.44 21 16. 55 3.61 21 12.97 21 31. 82 21 38. 63 21 4. 24 21 20.19 21 12. 76 21 12. 29 21 29.49 21 19. 93 4.07 21 15. 71 21 16.16 21 91.14 21 14.30 21 2.09 21 2. 64 21 13.32 21 10.05 2.09 21 8.12 21 19.96 21 26. 01 21 3.06 21 11. 71 21 7.16 21 7.00 21 19. 47 21 14. 00 2.55 21 9. 69 21 10. 71 21 58.00 21 9.88 » 1. 42 21 1.49 1,353 93,030 21 42, 727 11,618 3.75 2.51 *i 13. 77 21 9. 24 2 8 45 1,917 1,879 1,754 383 1,817 2i 1,120 21 1,193 21 561 21 13 21648 23 46 168 70 214 .61 1.29 2.74 5.19 4.28 .40 .84 1.83 3.68 2.93 21 29.67 21 33.42 21 9.14 21.96 2112.96 21 19. 52 21 21. 69 21 6.11 3,704 197 284 3,055 5,226 5,817 46 508 5 066 3,365 3,324 664 1,214 1,469 601 881 209 13 1,755 320 7 101 111 236 694 20 30 608 265 111 15 27 65 81 21 26 2 79 46,995 37,398 2,819 4,465 91,677 1,029 895 1,052 158 1,220 755 698 519 156 539 57 61 27 17 37 76 223 148 1,917 1,877 1,746 338 1,817 84 47 9 4 28 144 7 5 111 202 5 420 292 11 29 28 2i 26,989 For classification of amounts see abstract of earnings and dividends for 6 months ended Dec. 31,1932, published in appendix of this report. Capital and surplus as of June 30, 1933. 21 Deficit. 2113.80 21 7.30 21 18.91 21 21 20 21 5. 66 2.63 21 12. 62 21 8. 24 21 43. 41 21 7. 26 21 4. 55 21 7.33 21 1. 56 21 9. 70 21 15. 33 21 13. 68 21 9. 58 21 56. 26 29 548 14 71 293 719 41 3 33 1,003 350 212 17 351 257 57 127 67 1 301 21 211,214 21438 21 2,506 21 792 21239 137 21 4,289 21 1, 001 21 1,975 2U56 21414 21363 21 21 21458 21 1,617 21967 21527 21 2,194 2,540 1,066 4,309 1 233 593 296 9,599 3,107 2,636 537 1,910 911 224 1,070 4,218 1,695 1,268 3,393 5,492 1,097 1,303 3,790 4,647 9,072 110 184 3,444 6,789 2 036 1,773 1,310 1,395 472 486 887 47 2,661 7 11 29 8 «.68 218.86 Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1933—Continued 4 [In thousands of dollars] Ratios Losses and depreciation On bonds, On loans stocks, and other securities Location Kansas Topeka. Wichita Montana Wyoming Colorado... Denver New Mexico Oklahoma Oklahoma City Tulsa _ Total Western States Washington Seattle Oregon California Los Angeles San Francisco Idaho . Utah Salt Lake City Nevada... . . Arizona.- „ . . _ __ _ ... Total Pacific States ._. On bank- Other ing house, losses and furniture depreand ciation fixtures Total current period Withdrawals from reserves for depreciation of previous periods on real estate Grand total Net addition to profits Dividends 139 96 110 93 106 153 336 7 236 334 B Net adDiviNet ad- dition to dends to dition Divito profits to dends to common profits to common capital common common capital capital and sur- capital and surplus plus Percent 1.21 8.00 4.58 2 29 4.67 3.17 6.34 .50 2.23 4.64 Percent .85 6.00 2.97 1.36 2.87 1.90 3.26 .33 1.64 Percent Percent 1,588 105 156 1,048 530 1,279 750 404 1,718 900 664 577 47 75 785 172 710 462 42 521 211 105 38 10 34 43 24 93 60 32 156 41 40 148 3 21 89 15 99 78 46 176 26 59 2,351 165 286 1 965 741 2,181 1,350 524 2,571 1,178 868 13,496 6,374 770 1,235 21,875 108 21, 983 21 8,204 2,131 2.82 1.89 21 10.87 21 7.26 1,667 836 1,620 2,265 8,478 8,969 1,368 124 117 66 290 1,339 1,249 1,323 2,218 1,852 805 261 20 162 61 187 86 86 126 212 794 1,396 12 3 20 10 114 135 22 97 244 1,072 1,465 262 1 63 38 57 3,227 2,193 3,166 4,939 12,196 12,635 1,903 148 362 175 648 13 83 12 431 3 294 3,240 2,276 3,178 5,370 12,199 12,929 1,903 si 1,975 1.62 5.50 4.78 3.18 13.10 3.82 .70 .37 2.38 3.11 4.59 1.16 4.44 3.27 2.20 8.62 2.37 .47 .27 1.71 1.99 2.97 2125.82 21 18. 52 21 128 21 125 21 506 124 715 502 524 5,241 2,902 10 4 44 14 70 21 8.96 21 16.28 212.83 21 3.35 21 111. 15 21.74 21 6.92 21 27.78 21 33.18 25,800 9,477 2,859 3,456 41, 592 959 42, 551 21 11, 348 10,150 5.98 3.93 21 6.68 20 2,371 2 165 288 9 10 . 21 846 17 2154 1,965 2U45 21842 21597 21 179 21447 750 2,191 1,350 524 12 2,583 1,178 31 21620 868 7 116 155 478 175 648 285 21 21 21 21 21940 2, 681 1,133 2, 542 1, 595 21 7.37 21 5.17 31 2. 25 21 24.34 ai 6.39 21 17.47 21 11.26 21 12.70 21 4.23 21 1.46 21 14.48 21 3.92 2110.46 21 5.80 21 8.37 21 3.10 1.42 1.06 .43 .36 2112.53 21 8.16 2.19 1.77 21 6.12 2i 11.27 31 1.86 212 07 21 75.16 21.54 21 4.96 21 17.73 21 21.44 214.39 Alaska—nonmemberThe Territory of Hawaii—nonmember Total nonmember banks Total central reserve cities . « _ _ Total all other reserve cities Total country banks, including nonmember banks _ Total United States Deficit. 56 114 55 32 6 29 1 5 118 180 170 87 35 6 298 46,288 85,135 89,112 41,171 4,307 5,271 3,782 7,437 142,489 139,014 99,997 106,274 6,338 11,584 224,193 141 1,885 4,573 231,420 236, 557 15,916 22,803 506,696 6,599 118 180 2121 298 197 143,630 2i 52,108 1*0,899 21 39, 553 218 21 7.64 6.92 « 4.60 4.33 8.51 5.33 268 7.82 4.88 36,969 36,863 8.95 7.66 5.84 4.68 21 12. 62 21 8. 22 2i 8. 23 21 5.02 268 5.75 3.59 228, 766 21 126, 723 25,264 4.44 2.57 21 22.26 21 12.89 513,295 2i 218,384 99,096 6.77 4.12 21 14.92 21 9.08 3 o H O O g o 3 tel 00 O Abstract of reports of earnings and dividends of national banks, by Federal Reserve districts, year ended June SO, 1938 [In thousands of dollars] Grand District District District District District District District District District District District District Nontotal no. 12 member no. 11 no. 9 no. 10 no. 8 no. 3 no. 7 no. 4 no. 6 no. 1 no. 5 no. 2 (303 banks (5 (4,902 1 (487 (432 (668 (530 (280 (423 (241 (396 (290 (566 (281 banks) banks) b a nks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) Capital, par value: Common 2 Preferred 2 Total.. Surplus* . _ Total capital and surplus 2 Gross earnings: Interest and discount on loans Interest and dividends on bonds, stocks, and other securities Interest on balances with other banks Collection charges, commissions, fees, etc. Foreign department (except interest on foreign loans, investments, and bank balances) . Trust department Service charges on deposit accounts Other earnings Total Expenses: Salaries and wages Interest on deposits of other banks Interest on other demand deposits Interest on other time deposits _ Interest and discount on borrowed moneyTaxes Other expenses _ Total current expenses . Withdrawals from reserves for expenses of3 previous periods accrued and unpaid . Grand total 135,341 402,577 3,554 3,956 107,462 400 97,995 660 57,832 2,079 64,670 14,700 182,359 14,970 47,454 1,365 52,280 2,115 69,792 4,000 72,978 712 169, 247 5,282 3,425 1,463,412 53,793 138,895 91,576 406,533 250,358 107,862 144,941 98,655 89,803 59,911 38,171 79,370 34,872 197,329 84,704 48,819 21,407 54,395 28,089 73,792 33,934 73,690 32,138 174,529 88,543 3,425 2,062 1,517,205 940,598 230,471 656,891 252,803 188,458 98,082 114,242 282,033 70,226 82,484 107,726 105,828 263,072 5,487 2,457,803 38,775 97,337 43,707 36,170 21,951 20,421 59,033 15,073 18,457 24,840 22,924 73,791 1,217 473,696 23,953 832 477 80,356 574 3,288 29,345 791 347 25,482 929 428 10,857 533 466 9,574 797 1,198 24,524 1,395 2,411 9,347 456 535 12,718 622 1,506 14,380 1,288 827 8,391 975 900 34,132 1,424 1,597 509 41 119 283,568 10,657 14,099 1,281 1,733 1,572 4,212 8,626 7,072 2,399 12,670 394 985 448 2,656 186 1,012 600 3,876 19 604 474 2,042 178 623 903 2,998 876 4,030 1,976 8,004 39 260 345 1,270 51 337 684 1,778 8 841 1,073 3,402 37 243 653 2,443 832 3,720 2,861 6,937 11 1 18 49 12, 538 21,461 14,006 52,337 72,835 212,322 78,673 68,683 36,946 36,692 102, 249 27,325 36,153 46,659 36, 566 125, 294 1,965 882,362 16,171 1,068 3,965 15, 922 732 2,493 9,465 48,272 5,078 10, 662 32, 536 2,685 6,071 29,714 15,640 1,137 4,066 20,971 2,415 3,043 8,712 13,641 1,982 5,784 17,043 1,116 3,637 8,522 8,023 573 1,422 10,319 1,000 2,117 4,276 8,947 843 1,738 7,462 1,521 2,237 5,763 24,799 1,975 6,235 19,145 1,034 8,449 14,696 6,659 623 1,161 6,452 458 1,717 3,426 9,121 714 1,414 9,320 503 1,949 5,467 13,067 1,411 3,066 8,474 583 2,414 7,549 9,944 797 2,386 4,695 502 3,062 5,494 29,743 2,311 4,690 36,156 4,628 3,786 17,386 486 9 126 592 4 45 244 204,513 18,521 46,715 189,087 17,181 41,020 120,714 49,816 135,018 55,984 51,725 27,730 28, 511 76,333 20,496 28,488 36, 564 26,880 98,700 1,506 637,751 4,496 6,120 2,606 2,530 2,100 1,675 2,143 906 526 1,272 1,474 2,375 36 28,259 54,312 141,138 58,590 54,255 29,830 30,186 78,476 21,402 29,014 37,836 28,354 101,075 1,542 666,010 • Net earnings Recoveries, profits on securities, etc.: On loans On bonds, stocks, and other securities All other Total Total net earnings, recoveries, etc. 71,184 20,083 14,428 7,116 6,506 23,773 5,923 7,139 8,823 8,212 24,219 423 216,352 914 5,821 863 7,373 21,964 2,253 425 2,348 1,082 584 3,185 543 417 3,037 1,009 438 1,491 317 1 748 2,745 1,182 568 1,187 244 684 1,844 666 1,536 1,795 324 1,495 1,214 342 914 4,853 1,082 33 31 8 17 129 51,515 9,915 - Losses and depreciation: On loans _ . On bonds, stocks, and other securities On banking house, furniture and fixtures. Other losses and depreciation Total current period __ Withdrawals from reserves for depreciation of previous periods on real estate 3_ _ Grand total Net addition to profits Dividends Ratios: Dividends to common capital2. .percentDividends2 to common capital and surplus _ percent.. Net addition to profits to common capitala percent.. Net addition to2 profits to common capital and surplus per cent 1 2 3 18,523 4 7,598 31,590 3,855 4,312 4,463 2, 246 5,675 1,999 3,194 3,655 3,051 6,849 72 78,559 26,121 102,774 23,938 18, 740 11, 579 8,752 29,448 7/922 10,333 12,478 11,263 31,068 495 294,911 25,945 18,884 1,262 1,546 55,452 111, 525 4,777 5,541 18,699 22,625 846 1,798 15,954 13,354 1,034 1,306 8,569 11, 721 463 1,166 10,638 5,218 631 1,124 28,114 20, 747 2,042 2,487 6,881 6,897 190 1,151 8,838 9,224 339 1,081 11, 292 4,430 650 922 15,284 2,460 837 1,256 25, 584 9,385 2,810 3,419 170 87 35 6 231,420 236, 557 15,916 22,803 S 47, 637 177,295 43,968 31, 648 21,919 17, 611 53,390 16,119 19,482 17, 294 19,837 41,198 298 506,696 803 706 994 546 924 144 959 194 69 134 167 959 3 44,962 21,024 12, 688 32,194 ' 13,454 4,847 22,843 1 1 , 264 4,247 17, 755 '9,003 3,227 54, 349 * 24,901 6,105 15,313 ' 7, 391 2,089 19, 551 ' 9, 218 2,072 11.81 4.95 7.34 4.99 3.35 4.40 3.96 48,440 22,319 9,347 178,001 75,227 38, 745 4 9.62 6.91 4 5.93 5.03 2.58 4.42 3.24 2.29 3.03 16.49 4 18.69 '19.56 ' 13.73 '19.48 '13.92 * 13.65 ' 15.58 4 ' 11.52 '8.33 '7.16 ' 11.73 '9.04 '9.32 ' 10.73 4.12 4 4 9.84 17,428 4,950 2,397 4 3.43 4 7.09 4 11.47 4 4.77 42,157 11,089 10,150 298 197 268 6.00 7.82 3.94 2.77 4 Includes nonmember banks in Alaska and the Territory of Hawaii. Capital and surplus as of June 30,1933. For classification of amounts see abstract of earnings and dividends for 6 months ended Dec. 31,1932 .published in appendix of this report * Deficit. 4 3.99 2.31 2.58 17.63 4 20,004 8,741 2,914 4 6,599 4 513, 295 218,384 99 093 O o 6.77 4.88 4.12 11.98 4 6.55 5.75 '14.92 '8.32 '4.30 3.59 '9.08 o •==1 3 o OO 82 REPORT OF THE COMPTROLLER OF THE CURRENCY National-bank investments in United States Government securities and other bonds and securities, etc., loans and discounts (including rediscounts)r and losses charged off on account of bonds and securities owned and loans and discounts, years ended June 30, 1918 to 1933, inclusive [In thousands of dollars] United States Government securities owned Year ended June 30— 1918 19191920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933- 2,129,283 3,176,314 2, 269, 575 2,019,497 2, 285, 459 2,693, 846 2,481,778 2, 536, 767 2,469,268 2, 596,178 2, 891,167 - 2, 803,860 _ 2, 753,941 3, 256, 268 3, 352, 666 4,031, 576 Other bonds and securities owned Total bonds and securities owned 1,840,487 3,969,770 1,875,609 5,051,923 1,916,890 4,186, 465 2,005, 584 4,025,081 2,277,866 4, 563,325 2,375,857 5,069, 703 2,660, 550 5,142,328 3,193,677 5, 730,444 3,372,985 5,842,253 3,797,040 6, 393, 218 4, 256,281 7,147,448 3,852, 675 6,656,535 4,134, 230 6,888,171 4,418,569 7, 674,837 3,843,986 7.196, 652 3,340,055 7, 371, 631 Loans and discounts (including rediscounts) 10,135, 842 11,010,206 13,611,416 12,004,515 11,248,214 11,817,671 11,978,728 12,674, 067 13,417,674 13,955,696 15,144,995 14,801,130 14,887,752 13,177,485 10, 281, 676 8,116,972 Losses charged off on bonds and securities owned 44,350 27,819 61,790 76,179 33,444 21,890 24,642 25,301 23,783 27, 579 29,191 43,458 61,371 119,294 201,848 236,557 Percentage of losses charged off— Losses charged off on loans and discounts 33,964 35,440 31,284 76,210 135,208 120,438 102,814 95,552 93,605 86, 512 92,106 86,815 103,817 186,864 259,478 231,420 On bonds and securities to total bonds and securities owned 1.12 .55 1.48 1.89 .73 .43 .48 .44 .41 .43 .41 .65 .89 1.55 2.80 3.21 On account loans and discounts to total loans and discounts 0.34 .32 .23 .63 1.20 1.02 .86 .75 .70 .62 .61 .59 .70 1.42 2.52 2.85 Number of national banks, capital, surplus, net addition to profits, dividends, and ratios, years ended June 30, 1914 to 1933 [In thousands of dollars] Ratios Year ended June 30— 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 Net addition to profits Number of banks Common capital Surplus 7,453 7,560 7,571 7,589 7,691 7,762 8,019 8,147 8,246 8,238 8,085 8,070 7,978 7,796 7,691 7,536 7,252 6,805 6,150 4,902 1,063,978 1,068,577 1,066,209 1,081,670 1,098,264 1,115, 507 1, 221,453 1,273, 237 1,307,199 1,328, 791 1,334,011 1,369,385 1,412,872 1,474,173 1,593,856 1,627,375 1,743,974 1,687,663 1,568,983 1,463,412 714,117 149,270 726,620 127,095 731, 820 157, 544 765,918 194, 321 816, 801 212, 332 889, 457 240, 366 984,977 282, 083 1, 026,270 216,106 1,049,228 183, 670 1,070, 600 203, 488 1, 080, 578 195, 706 1,118,953 223, 935 1,198,899 249,167 1,256, 945 252, 319 1,419, 695 270,158 1,479, 052 301,804 1, 591, 339 246, 261 1, 493,876 52,541 1,259,425 i 139,780 940,598 i 218, 384 i Deficit. Dividends 120,947 113, 707 114, 725 125, 538 129, 778 135, 588 147, 793 158,158 165, 884 179,176 163,683 165, 033 173,753 180, 753 205, 358 222, 672 237, 029 211, 301 169,155 99,096 Net addition to profits Dividends Divito dends to common To common capital common To capital and common capital surplus capital and surplus Per cent Per cent Per cent Per cent 11.37 8.39 6.80 14.03 10.63 7.08 6.33 11.89 10.76 8.76 6.38 14.78 11.61 10.52 6.79 17.96 11.82 11.09 6.78 19.33 12.15 12.13 6.83 21.55 12.10 12.78 6.70 23.09 12.42 9.40 6.88 16.97 12.69 7.79 7.04 14.05 13.48 8.48 7.47 15.31 12.27 8.11 6.78 14.67 12.05 9.00 6.63 16.35 12.30 9.54 6.65 17.63 12.26 9.24 6.62 17.12 12.88 8.96 6.81 16.95 13.68 9.72 7.17 18. 55 13.59 7.38 7.11 14.12 12.52 1.65 6.64 3.11 10.78 14.94 5.98 1 18.91 6.77 19 08 4.12 14. 92 REPORT OF THE COMPTROLLER OF THE CURRENCY 83 NATIONAL BANKS CLASSIFIED ACCORDING TO CAPITAL STOCK The recapitulation following concerns tables published in the appendix of this report in relation to the number of national banks in reserve cities and States on December 31, 1932, classified according to capital stock, with the amount of loans and discounts, bonds and securities owned, aggregate resources, paid-in capital stock, surplus and undivided profits, and total deposits. National banks classified according to capital stock Dec. 81, 1932 [In thousands of dollars] Bonds Num- Loans and and securber of discounts 1 ities banks owned Capital of less than $50,000 Capital of $50,000 but less than $200,000... Capital of $200,000 but less than $500,000 Capital of $500,000 but less than $1,000,000 Capital of $1,000,000 but less than $5,000,000 Capital of $5,000,000 but less than $25,000,000 Capital of $25,000,000 but less than $50,000,000 Capital of $50,000,000 or more.. Total United States. 223,623 Total assets Surplus and undivided profits Capital 31,925 Total deposits 170,204 489,106 41,662 1,556,538 1,355,781 3,576,222 264,880 255,327 2, 704,204 765 1,215,347 968,601 2,740,949 194,407 190,356 2,115,307 217 729,027 553,502 1,651,932 121,990 107,387 1,282,041 167 1,608,110 1,388,334 4,205,096 279,995 244,961 3,394,079 27 1,325,685 1,320,820 3,665,478 210,050 249,245 2,978,718 4 4 1,023, 288 439,400 2,166,106 1, 386,794 2,105,373 4,876,818 124, 500 397,000 92,642 1,825,347 271,220 3,854,385 1,562 3,270 6,016 364,026 9,847,724 7,583,436 23, 310,974 1,634,484 1,443,063 18,518,107 i Includes overdrafts. FEDERAL RESERVE BANKS Assets and liabilities of the 12 Federal Reserve banks combined, as of the last weekly statement date in Oct., 1931-33 [In thousands of dollars] Oct. 28,1931 Oct. 26,1932 Oct. 25,1933 Gold reserves __. Other cash 1 Bills discounted Bills bought in open market... U.S. Government obligations.. Other bills and securities Uncollected items All other assets Total. 2,738,431 236,160 716, 680 724,680 726,959 29,919 432,579 126,141 2,992,623 322,322 33,695 1,850,949 5,425 332,923 118,198 3,590, 788 238,012 114,593 6,523 2,400,156 1,559 385,196 138,061 5, 731,549 5,940,115 6,874,888 2,383,948 2,688,871 2,960,748 180,363 2,228,875 39,141 192,049 428,863 164,648 274,636 19, 389 2,411,946 28,078 326,987 152,303 259,421 42,540 2, 693,121 27, 758 167,006 385,779 145,527 278,599 35,987 5, 731, 549 5,940,115 6,874,888 LIABIIITIES Federal Reserve notes in circulation Federal Reserve bank notes in circulation.. Deposits: Member bank—reserve account GovernmentOther D eferred availability items Capital paid in Surplus All other liabilities __. Total. i Does not include F.R. notes or a bank's own F.R. bank notes. 84 REPORT OF THE COMPTROLLER OF THE CURRENCY Principal assets and liabilities of the 12 Federal Reserve banks combined, on the last weekly statement date in each month, from January 1931 to October 1983 [In millions of dollars] Liabilities Assets Deposits Federal Federal Reserve Gold in bankin Memreserves notes circula- notes bers' Total Total i tion circulation reserve Bills and securities Date Jan. 28 Feb. 25 Mar. 25 Apr. 29 M a y 27 June 24 July 29 Aug. 26 Sept. 30 Oct. 28 Nov. 25 Dec. 30 United Bills States Bills bought Governdisopen ment counted in market securities 1931 Capital and surplus 619 678 728 742 727 727 803 945 896 847 924 876 947 935 1,157 1,558 2,198 1,926 2,185 3,092 3,081 3,126 3,175 3,259 3,383 3,444 3,486 3,138 2,738 2,929 2,988 3,478 1,448 1,442 1,528 1,552 1,674 1,736 1,946 2,098 2,384 2,446 2,613 2,425 2,378 2,357 2,408 2,425 2,457 2,415 2,342 2,364 2,229 2,117 2,323 2,484 2,428 2,433 2,463 2,471 2,557 2,555 2,634 2,506 2,460 2,316 2,480 444 444 444 443 443 443 442 442 441 439 438 435 162 133 66 46 38 64 40 34 34 34 35 33 752 741 872 1,191 1,525 1,801 1,841 1,852 1,854 1,851 1,851 1,851 1,788 1,724 1,578 1,774 2,040 2,340 2,412 2,324 2,232 2,212 2,200 2,157 2,987 2,938 3,018 3,015 2,857 2,579 2,621 2,773 2,879 2,993 3,049 3,149 2,627 2,643 2,546 2,527 2,533 2,756 2,834 2,814 2,721 2,689 2,692 2,735 1,945 1,878 1,911 2,114 2,214 2,034 2,072 2,146 2,269 2,412 2,411 2,482 2,099 1,973 2,019 2,234 2,321 2,107 2,165 2,241 2,353 2,470 2,484 2,563 419 417 415 415 414 414 413 413 412 412 411 411 31 180 310 177 20 8 10 7 7 7 1,763 1,834 1,838 1,837 1,890 1,975 2,028 2,129 2,274 2,400 2,064 2,346 2,713 2,405 2,216 2,177 2,200 2,291 2,416 2,523 3,259 3,118 3,237 3,396 3,520 3,544 3,549 3,588 3,592 3,591 2,706 3,000 3,748 3,424 3,203 3,061 3,004 2,974 2,973 2,961 2,513 2,271 1,987 2,136 2,167 2,286 2,306 2,427 2,587 2,399 2,203 2,345 2,394 2,510 2,574 2,697 2,808 2,888 430 429 428 429 429 425 425 425 424 424 215 190 165 155 153 198 183 242 328 717 686 1,024 120 106 83 170 125 106 67 181 469 725 480 327 610 599 599 1932 Jan. 27.._ Feb. 24—. Mar. 30... Apr. 27—. May25... June 29—. July 27—. Aug.31... Sept. 28._. Oct. 26.... Nov.30... Dec. 28—. 838 835 633 532 471 470 525 433 340 322 309 267 1933 Jan. 25 Feb. 21 Mar. 29 Apr. 26 May31-..-_. June 28 July 26 Aug. 30 Sept. 27 Oct. 25 265 327 559 385 302 191 161 153 133 115 14 37 96 120 123 131 146 180 2,693 1 Includes (in addition to bills discounted and bought and United States securities) municipal warrants, Federal intermediate credit bank debentures, land bank bonds, and foreign loans on gold. NEW YORK CLEARING HOUSE The figures compiled and furnished by the manager of the New York Clearing House Association for the year ended September 30, 1933, disclose there w^ re 21 banks comprising the New York Clearing House Association with capital of $614,185,000. Clearings amounted to $154,571,822,373, a reduction in the year of $22,734,473,278, and balances reported aggregating $23,916,139,983 showed a reduction in the year of $4,618,487,518. The average daily clearings amounted to $510,138,027 and the average daily balances $78,931,155. The percentage of balances to clearings was 15.47. REPORT OF THE COMPTROLLER OF THE CURRENCY 85 CLEARING-HOUSE ASSOCIATIONS IN THE 12 FEDERAL RESERVE BANK CITIES AND ELSEWHERE Clearing-house transactions in the 12 Federal Reserve bank cities' during the year ended September 30, 1933, aggregated $205,519,231,000, a reduction in the year of $33,952,850,000. The ratio of bank clearings in the 12 Federal Eeserve bank cities was 83.7 percent of the total clearings of all banks in 232 reporting cities in the United States, in comparison with a ratio of 82.15 percent reported for these same cities last year. Clearings of banks in seven other principal cities, each of which had clearings in excess of $1,000,000,000, amounted to $16,175,505,000 and showed a decrease of $5,449,605,000 in clearings reported for the same cities in the preceding year. The total clearings of the 232 cities reporting to the New York Clearing House Association in the current year aggregated $245,546,646,000, as compared with $291,499,537,000 reported by these cities in the preceding year. Tables showing the following information are published in the appendix of this report: Statement showing the total of transactions of the New York Clearing House from 1854 to 1913, and annually since 1914; comparative statement of transactions of the New York Clearing House in years ended September 30, 1933 and 1932; exchanges, balances, and percentages of balances to exchanges, etc., by the New York Clearing House, annually since 1914; comparative statement of the exchanges of clearing houses of the United States by cities for years ended September 30, 1933 and 1932; and comparative statement of transactions of clearing-house associations in the 12 Federal Reserve bank cities and elsewhere in years ended September 30, 1933 and 1932. ALL REPORTING BANKS IN THE UNITED STATES AND POSSESSIONS The statement following shows a summary of reports of condition of all reporting licensed banks in the United States and possessions, by classes, on June 30, 1933: Summary of reports of condition of all reporting licensed banks in the United States and possessions, by classes, at the close of business June SO, 1988 [In thousands of dollars] All Total all banks Number of banks National banks other than national Banks other than national, by classes State (commercial) Loan and trust companies Stock savings Mutual savings s Private 14,624 4,902 9,722 7,714 1,029 219 576 184 425,559 9, 201,975 262,255 1,064,521 163,304 8,137,454 84,043 631,852 29,338 1,422,736 15,132 372,328 34,386 5,707,767 405 2,771 4,693,481 316,125 2,759,876 203,872 1,933,605 112,253 371,701 11,849 1, 518,371 100,288 7,112 21 35,805 616 95 497,905 7,242,326 230,777 3, 595,671 267,128 3, 646,655 45,575 1,972,842 221,473 1,441, 603 50,349 30 163,060 50 18,801 22,377,371 8,116,972 14,260,399 3,117,862 4, 733,809 444,942 5,941,048 22, 738 10,447 2,800 7,647 2,950 4,572 16 7, 795,999 2,881,139 3, 785, 582 778,724 439,319 2,249,900 4,031,576 1,067,797 1,063,894 194,039 266,044 748,281 3, 764,423 1,813,342 2,721,688 584,685 173,275 1,501, 619 593, 767 259,634 135, 337 43, 557 22, 697 654,590 2,515,599 442,741 439,873 410,157 81,920 536,651 103,244 5,243 10,157 1,794 796 188,113 550,265 1,104,860 2,133,509 127,784 67,382 119,376 1,548 864 2,812 1,393 480 2,889 7,371,631 10,559,032 1,709,582 4,426,941 309,347 4,103,176 9,986 220,451 109,018 362, 557 119, 772 18,689 20, 250 138,252 253,482 1,188 2,937 - ASSETS Loans and discounts (including rediscounts): Real estate loans, mortgages, deeds of trust, and other liens on real estate: On farm land On other real estate . _ -. . Loans secured by U.S. Government and other bonds, stocks, and securities (exclusive of loans to banks) Loans to banks . _ Commercial paper bought in open market; acceptances payable in United States; and notes, bills, and acceptances payable in foreign countries - . All other loans Total Overdrafts Investments: U.S. Government securities . State, county, and municipal bonds " . Stock of Federal Reserve bank and other corporations Foreign government bonds and other foreign securities Other bonds, notes, warrants, etc Total Real estate owned other than banking house ._. . - - a 17,930,663 1,382,831 637,646 641,694 132,187 741,137 505,459 o 3 o fed 109 cj Cash in vault: Gold coin _. Gold certificates All other cash in vault. Not classified 2,312 1,859 508, 397 159,988 Total. Reserve with Federal Reserve banks or other reserve agents Other amounts due from banks ._. Exchanges for clearing house and other checks on local banks Outside checks and other cash items. __ Other assets (including securities borrowed, acceptances of other banks and bills of exchange or drafts sold with endorsement, and customers' liability on account of acceptances) Total assets. 1,034 1,245 286,199 1,278 614 222,198 159,988 904 265 95,008 87,133 284 256 79,453 46,057 2 6 1,043 9,604 87 46,057 16,554 637 640 672,556 288,478 384, 078 183,310 126,050 10,655 62, 781 1,282 2, 761,945 3, 230, 111 1, 033, 635 66,538 1,412,127 1, 935, 922 445,411 37,008 1,349,818 1,294,189 588,224 29,530 458,227 440,261 122,822 15,363 798,999 503,758 463,408 12,606 45, 794 25,305 1,391 777 45,419 319,100 586 654 1,379 5,765 17 130 1,198,165 476,261 721,904 172,296 443,868 1,713 102,645 1,382 51,301,908 20,860,491 30,441,417 6,552,142 11,996,340 878,879 10,967,143 46,913 : LIABILITIES Demand deposits (other than bank and United States): Individual deposits subject to check Public funds of States, counties, school districts, or other subdivisions or municipalities Certificates of deposit (other than for money borrowed) Other demand deposits. _ _ Total. Time deposits (including Postal Savings): Public funds of States, counties, school districts, or other subdivisions or municipalities Deposits of other banks and trust companies Deposits the payment of which has been deferred beyond the customary period by agreement with depositors Other time deposits: Deposits evidenced by savings pass books Certificates of deposit (other than for money borrowed) Christmas savings and similar accounts Open accounts Postal savings deposits. Total. United States deposits (exclusive of postal savings) Due to banks (demand balances) Certified and cashiers' checks (including dividend checks), and letters of credit and travelers' checks sold for cash and outstanding.. Deposits not classified Total deposits.. 13,408,593 6,825,317 6,583,276 2,068,836 4,456,226 41,691 2,962 13,561 1, 274,041 185,005 391,126 848,475 75,490 144,845 425, 566 109, 515 246,281 255,437 47,334 52, 607 168,917 57,004 192,334 57 1,377 631 100 70 1,055 3,730 709 15,258,765 7,894,127 7, 364,638 2,424,214 4,874,481 43, 756 3,132 19,055 329,535 65,147 240,913 47,274 88,622 17,873 23,533 1,332 27,984 16,446 36,874 95 213 18 102,846 21,595 81,251 74,525 6,723 17,836,954 1,634,935 73,828 597,052 777,514 4, 281,521 766, 783 34,912 249,206 574, 713 13,555,433 868,152 38,916 347,846 202,801 575,674 11,610 21,370 63,850 1,800,523 263,034 16,809 325,387 131,187 681,115 24,474 688 618 7,740 9,699,119 390 9,783 334 22 6,081 4,580 26 137 2 21,417,811 6,216,917 15,200,894 2,140,489 2,588,093 751,607 9,709,861 10,844 860,399 3,316,210 449,661 1,969,891 410,738 1,346,319 91,299 291,788 311,073 1,052,085 8,366 2,268 653,269 27,016 243,519 409,750 27,016 85,779 5,638 323,601 18,587 212 41,533,470 16,774,115 24,759,355 5,039,207 9,167,920 113 65 126 20 32 2,771 9,713,252 32,787 Summary of reports of condition of all reporting licensed banks in the United States and possessions, by classes, at the close of business June 80y 193S— Continued [In thousands of dollars] Total all banks National-bank circulation _ Bills payable and rediscounts . Agreements to repurchase U.S. Government or other securities sold Acceptances executed for customers and to furnish dollar exchange, less own acceptances purchased or discounted Interest, taxes, and other expenses accrued and unpaid Other liabilities (including securities borrowed and acceptances of other banks and bills of exchange or drafts sold with endorsement * Capital stock Surplus _ .._. Undivided profits—net __ _ Reserves for contingencies.. _ Total liabilities National banks All banks other than national Banks other than national, by- o State (commercial) Loan and trust companies Stock Mutual savings Private 730,435 503,883 26,799 730,435 117,855 9,223 386,028 17,576 229, 231 12,776 134,296 4,800 441,813 76,300 229,304 41,617 212,509 34,683 24, 620 9,948 187,889 21,055 446 3,158 76 101,388 1,515,647 940,598 235,600 164, 709 502,532 1,383,894 2,430,723 410,646 303,471 165,915 554,517 337,280 90,925 87, 723 307, 975 793,651 1,009,604 168,814 200,336 718 30,863 26,144 5,363 3,724 24, 706 3,218 4,863 3,325 603,92Q_ 2,899,541 3, 371,321 646,246 468,180 51, 301,908 120,860,491 30,441,417 6,552,142 11, 996,340 5,412 16,271 1,054,370 144,687 10, 699 878,879 10,967,143 818 857 a o 3o IT* 46,913 o s The table following shows the approximate population of each State, number of reporting licensed banks, assets and liabilities, a classification of loans and discounts, investments, cash and demand and time deposits, June 30, 1933: Assets and liabilities of all reporting licensed hanks in the United States, Alaska, and insular possessions, June 1933 (includes National, State (commercial) banks, loan and trust companies, savings and private banks) 3 Assets (in thousands of dollars) Population Num(approxi- ber of banks mate) Location 802,000 469,000 361,000 4, 318,000 702,000 1, 646,000 Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Total New States 125, 700 119,901 106,983 2,054,306 219,542 707,019 Overdrafts Investments 20 19 148 11 38 143,390 149,401 63, 241 1,440,981 250,070 394,234 Banking house, furniture and fixtures 4,337 4,207 3,304 70,942 4,920 33, 369 Real Exchanges Outside Reserve for clearestate with FedOther ing house checks eral Reserve amounts owned and Cash and other other banks or other in vault other Re- due from checks on cash than banks local serve banking items banks agents house 2,797 3,842 13,842 81,071 1,831 25,690 5,449 2,354 2,186 30,680 8,007 15, 379 64,055 238 195 57 17, 235 1,887 3,964 176 181 171 6,184 100 Other assets Total o o 7,755 2,872 1,672 148,171 19, 753 35,559 16, 748 11,023 7,113 202,951 13, 238 66,362 760 407 3,508 215, 782 317,435 23,576 7,500 1,000,771 59,502 256,405 8,120 36, 311 16,970 615,614 99,855 267,978 8,715 32,084 25,528 781,650 12,657 42,063 484 4,765 3,954 7,032 2,307 4,789 94 519 553 615,337 18,454,273 39,573 2,013,782 73,810 4,826,865 948 180,545 2,784 591,271 909 257,694 1,378,079 1,049,774 845,573 15, 294 733,361 26,324,430 55,875 9,211 8,227 11,508 43,016 29,795 23,987 20, 389 39,183 1,764 802 2,962 303 2,221 503 422 534 3,174 2,023 191 221 157 695 444 406 130 1,640 307,388 294,403 202,096 4,108, 765 3,608 522,967 3,291 1,285,593 1 o England New York New Jersey Pennsylvania Delaware Maryland.. ___ District of Columbia. Total Eastern States.. Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana 81 112 85 397 33 211 Loans and discounts (including rediscounts) 8, 298,000 919 3, 333,451 274 2,441,317 121, 079 129,073 12,965,000 4,193,000 9,787,000 241,000 1,663, 000 495,000 869 398 1,001 47 . 135 20 8,171,381 924,850 1,802,392 77,234 195,684 89,030 2,222 85 268 9 30 27 6,555,633 729, 878 2,076,984 76,531 294,046 90,000 425, 289 75,713 159,565 4,502 13,059 15,821 153,103 41,438 89,035 2,150 4,721 4,924 29,344,000 2,470 11,260, 571 2,641 9,823,072 693,949 295,371 226,745 254,692 136,796 102,313 22,159 148,345 43,322 98,250 60,649 127,304 58 46 23 49 132 11 117 796 188 111, 772 53,100 53,540 18,453 86,121 117,864 57,299 15,744 10,933 9,826 1,745 15,763 8,960 7,350 4,316 11,005 _._ 2,441,000 1,774,000 3, 275,000 1, 748,000 2, 911,000 1,554,000 2, 697,000 2,047,000 2,153,000 327 168 163 104 292 143 203 212 139 69,492 7,525 5,945 3,779 1,711 8,578 2,763 6,657 2,481 3,411 9,141 6,378 6,273 2,538 6,032 6,766 5,099 4,341 5,673 13,936 20,984 39,436 3,177 26,129 8,765 8,575 3,703 19,608 67,670 6, 721,212 6,173 1,477 2,381 2,620 1,903 2,567 3,106 2,369 2,521 478,703 245,863 228,981 64,420 338,935 221,760 211,268 138,311 283,199 o 3 o 4 00 so Assets and liabilities of all reporting licensed banks in the United States, Alaska, and insular possessions, June 1988 (includes National, State (commercial) banks, loan and trust companies, savings and private banks)—Continued Assets (in thousands of dollars) Population Num- Loans and (approxi- ber of discounts mate) banks (including Overdrafts rediscounts) Location Texas Arkansas Kentucky.. ._ _ Tennessee Total Southern StatesOhio . Indiana __ _ Illinois. Michigan Wisconsin Minnesota. _ . Iowa Missouri Total Middle Western States Investments Real Reserve Banking estate with Fedhouse, owned eral Reserve Cash furniture other in vault banks or and than other Reserve fixtures banking house agents Other amounts due from banks Exchanges for clearing house and other checks on local banks Outside checks and other cash items Other assets Total assets 6,023,000 1,872,000 2,648,000 2,664,000 957 194 422 332 392,911 45,517 206,786 171,018 594 85 169 298 259,101 33,307 100,182 67,163 42,412 3,097 9,964 13,115 13,630 2,081 5,229 6,048 22,321 2,771 7,389 6,567 80,046 20,029 8,187 13,778 133,538 7,758 40,059 52,661 6,695 290 2,840 1,940 1,775 233 403 1,662 6,455 1,602 11,080 15,336 959,478 116,770 392,288 349,586 33,807,000 3,656 1,810,062 2,566 1,065,997 154,230 69,838 91,289 266, 353 475,207 24,450 9,980 59,590 4,029,562 6,798,000 3,291,000 7,826,000 5,043,000 2,992,000 2,594,000 2, 482,000 3, 668,000 619 492 845 295 401 668 438 646 804,547 220,875 1,008,260 315,303 268,557 302,988 139,615 360, 532 132 62 318 86 74 117 55 200 471,391 146,194 824,307 205,849 164,622 281,038 96,309 370,600 62, 578 21,696 55,343 24,511 19,745 19, 585 9,449 20, 633 23,939 7,787 15,525 10,606 3,930 3,663 2,237 11,786 36,902 18,885 54,870 17,745 12,498 16, 212 9,957 17, 372 118,654 13,886 260, 546 49, 617 58,536 28,739 10,131 28, 681 84,116 75,218 323,497 35, 518 39,293 118,031 57,412 182, 729 5,213 1,452 35,429 8,408 2,501 7,188 1,718 4,307 1,791 462 4,221 2,211 1,108 1,876 1,111 1,032 26,459 120,255 59,951 19,885 5,622 11,399 1,641 13,432 1,635,722 626,772 2,652,267 689,739 576,486 790,836 329,635 1,011,304 34, 694,000 4,404 3,420,677 1,044 2, 570,310 233, 540 79,473 184,441 568,790 915,814 66,216 13,812 258,644 8,312,761 North Dakota South Dakota . Nebraska Kansas Montana . Wyoming Colorado New Mexico Oklahoma Total Western States 687,000 702,000 1,392, 000 1,900,000 i 537, 606 231,000 1,052,000 434,000 2,459,000 193 212 384 773 124 64 149 42 404 29,523 32, 632 90,537 133,379 31,029 21,792 67,963 9,199 108,717 24 31 66 152 28 41 90 14 82 20,933 29,293 75,870 99,580 45, 609 13,315 99,523 9,589 119,907 2,913 3,337 8,323 12,608 3,880 1,559 5,741 767 11,679 915 760 1,477 4,094 753 378 1,428 381 1,362 1,401 1,468 4,377 6,219 2,904 1,710 8,613 1,017 5,790 2,156 2,456 13, 272 12,081 13,913 2,986 15,354 1,588 20,145 9,293 12,302 39,140 68,108 9,956 7,733 38,804 3,370 48,453 261 327 1,838 1,553 259 114 1,731 24 2,058 183 152 584 384 153 74 893 78 891 782 649 1,203 3,053 824 193 1,396 210 2,111 68,384 83,407 236,687 341,211 109,308 49,895 241,536 26,237 321,195 9,394,606 2,345 524,771 528 513,619 50,807 11,548 33,499 83,951 237,159 8,165 3,392 10,421 1,477,860 Washington.. Oregon California 1,599,000 983,000 6,062,000 183 108 295 132,810 52, 211 1,582,869 55 41 804 143, 282 102,793 1,123,716 9,496 6,569 100,685 1,556 1,000 42,095 6,413 4,447 32, 258 25,659 13,804 194,009 29,024 22,577 122, 719 3,130 1,720 57,430 776 484 13,617 4,621 1,969 37,349 356,822 207,615 3,307,551 - _ _ CD O Idaho Utah Nevada Arizona ___ Total Pacific States Alaska The Territory of Hawaii Puerto Rico Philippines _ Total possessions. Total "United States and possessions _ 447,000 518,000 93,000 453,000 86 69 11 19 15,450 59,958 3,974 15,418 28 76 8 9 20,753 42,177 5,909 22,061 1,909 2,311 448 1,936 468 1,375 52 1,418 2,124 1,255 492 1,911 1,612 4,955 1,160 5,714 9,977 14,737 2,114 3,230 44 1,471 10,155,000 771 1,862,690 1,021 1,460,691 123,354 47,964 48,900 246,913 204,378 60, 600 404,000 1, 621,300 12, 758,400 15 19 14 11 3,973 55,641 35,434 70,101 9 2,280 84 4,865 28,903 1,886 20,003 284 2,678 858 2,052 106 1,334 762 2,177 992 4,919 4,828 12,888 77 14, 844,300 59 165,149 2,373 55, 657 5,872 4,379 23,627 140, 536, 908 14, 624 22,377,371 10,447 17,930, 663 1,382,831 637, 646 672,556 » Population Apr. 1, 1930. 280 185 478 30 28 296 671 35 344 52,846 129,464 14,226 52,349 64,079 15,598 45, 285 4,120,873 19 658 485 414 55 8 824 75 38 2,013 7,914 13,229 11,995 S 2,000 1,654 11, 878 3,058 13, 754 110,389 56,133 136,693 ^ o KJ 2,077 30,344 1,576 962 23,194 315,210 ^ O 2, 761,945 3, 230, 111 1, 033, 635 66,538 1,198,165 51,301,908 * Is g 3 C ^ a H a Assets and liabilities of all reporting licensed hanks in the United States, Alaska, and insular possessions, June 1933 {includes National, State {commercial) banks, loan and trust companies, savings and private banks)—Continued Liabilities (in thousands of dollars) Location Demand deposits Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Total New England States. New York New Jersey Pennsylvania Delaware Maryland District of Columbia Total Eastern States. _ Virginia West Virginia North Carolina.. South Carolina Georgia Florida.. Alabama.. Mississippi Louisiana Texas Arkansas Time deposits United (includDue to ing debanks posits postal 503 381 320 12,185 1,198 3,664 3,175 4,769 3,439 8,548 467 20,188 17,190 664 4,032 10,761 11,421 1,152, 360 4, 300,453 70,305 223,043 18, 251 467 46,364 47,581 5,220 27,473 2,072 5,220 29,545 5, 604, 351 7, 056, 277 370,5711,, 472,150 483,899 16, 510 86,444 74, 211 487, 785 1, 087, 525 23,156 28,672 7,259 1,469 27, 357 35,146 18,468 95, 622 1, 299, 775 1, 951, 467 88,813 312,908 245 2,341 1,127 62, 626 62, 350 4,702 12,915 1,370 8,018 3,507 140, 291 312, 022 33,605 1,627 230 109, 587 4,413 83, 737 2,360 15,572 4,034 365, 347 413 4,179 10,012 512,868 17,979 222,981 183, 554 8,309 375,884 130,311 76,311 _ __. Agree- Accept- Interest, NaBills ments ances taxes, and ReDe- tional Undi- serves to exeOther other bank payable vided for conletters posits repur- cuted and not expenses liabili- Capital Surplus profits, cirstock i of credit classichase redis- securifor tingenaccrued ties cula- counts net and cuscies and tion travelers' fied ties tomers unpaid checks sold outstanding 4,296 598 36,513 217,827 5,264 514 27,861 214,859 1,132 108 15,160 150,024 773, 691 2, 520,004 60,766 184,206 7,576 90,708 344,124 1,962 208,427 853,615 6,357 20,569 7,704,415 10,553,378 500,5171,865,248 _. Certified and cashiers' checks. 28,461 107,586 89,535 66,963 53, 031 98,442 449,028 44,435 200, 023 530 101,070 56,473 2,621 19, 355 723 104, 262 8,154 69, 085 6,348 64, 055 8,315 48,658 753 91, 278 11,786 180, 254 35, 527 401 27,500 5,358 23,169 2,168 35,000 13,158 8,106 2,752 25,856 83,871 6,143 2,176 1,089 2,552 154 771 1,069 361 458 1,612 6,828 495 19,723 3,442 1,223 11,894 9,562 10,513 2,199 7,049 46,740 478 3,444 8,238 7,500 4,504 331 6,516 967 3,072 7,719 8,340 7,902 6,008 112 87 208 77 18 2 561 15 361 123 30 2,440 4,184 4,768 956 12,501 470 202 824 8,061 406 2,647 11, 612 7,621 136,044 16,425 41,172 15,572 9,685 54 20, 556 10,271 232 9,602 1,733 1,145 203,912 117,929 17,245 41,804 5,473 1,755 84, 651 31,172 10,181 12, 610 219,540 376,097 176, 263 30,612 16,867 114,771 827,153 1, 590,984136,591 234,113 3,760 25,173 114,229 116,947 21,020 29,692 3,797 109,120 279,429 482,606 81, 089 26,133 1,480 13, 569 23, 330 3,496 4,436 754 24,147 34,110 14,001 5,760 659 914 17, 350 13, 765 4,785 2,578 25,772 252,2121,275,877 2,261,742 260,982 302,712 1,287 209 369 48 263 665 437 217 632 1,375 53 7,397 731 1,700 1,496 2,952 597 1,902 3,981 1,189 932 953 44,896 22,956 17,819 5,417 33,079 20,949 26,956 10,796 20,628 93,5 11, 24,033 16, 059 11, 443 3,373 20,430 7,410 13,964 6,074 7,138 4,155 3,108 1,084 1, 2,780 1,146 3,811 38,317 15,792 4,878 2,051 2,045 1,415 4,544 587 2,325 505 3,283 512 3,177 4,690 266 CD Kentucky Tennessee—_ _ 126,233 110,987 125,685 105,503 3,925 7,432 _ 17,233 24,427 1,473,989 1,201, 228 83, 662 274,741 Total Southern States 497,919 228, 602 1,197, 718 218,546 177,639 244, 391 126,688 494,424 736,598 25,916 74,372 157,645 1,564 23,836 587,987 50,734 287,762 265,911 13, 057 31, 066 238,408 8,459 30,595 341,471 6,777 74,198 121,838 1,990 23,497 241,632 14, 250 80,291 Ohio Indiana _ Illinois. Michigan _ Wisconsin _ Minnesota Iowa Missouri Total Middle Western States 3,185,927 2,691,490 122,747 625,617 North Dakota 20,794 31,251 855 1,664 South Dakota . ...__.... 32, 237 28,285 2,201 3,146 Nebraska _ , 98,201 62,054 2,820 31,913 Kansas _ _. 165,887 79, 698 3,578 23,630 Montana 41,175 43,127 752 5,548 Wyoming 19,920 17,866 107 2,254 96,674 Colorado 82,620 1,346 21,025 14,802 New Mexico 5,765 170 547 Oklahoma „_ 150,835 84,236 1,763 22,982 Total Western States Washington Oregon.._ California Idaho Utah Nevada Arizona Total Pacific States.._ Alaska The Territory of Hawaii Puerto Rico _ Philippines 434,902 25,489 3 1,280 98 10 49,198 3, 223 138,454 151,976 94 27,414 405 602 1,446 1,907 873 219 1,789 23f 3,482 2,309 1,9 7,874 10,153 1,860 1,563 7,912 1,055 12,042 963 2,708 852 2,798 930 771 1,718 349 1,765 18 102 25 46, 377 12,854 107,523 148,197 7,520 24,417 71,585 85,456 1,524 13,650 754,548 1,796,566 58,031 143,101 22,851 18,142 63 2,486 49,702 32,080 213 10,133 5,051 7,038 98 63 22,691 19, 765 196 929 1,524 868 33,250 361 1,271 110 522 14, 696 3,705 9,328 1,859 94,829 11,695 940 278 2,707 1,494 418 129 1,410 107 22 37,906 124, 328 19, 267 37 5^406 45,762 12,115 47,272 405 1,427 99 86,159 110,555 1,931 194,779 - 66 2,117 9,884 8,006 31 347 224 653 140 404 10,955 3,961 33,783 15, 719 32,696 3,076 36,400 22,028 2,919 2,235 13, 373 7,628 20,020 21, 319 83,869 7,674 16, 031 5,034 2,438 3,223 21, 794 9,312 6,967 20, 305 4,225 1,248 6,947 5,180 10,642 3,703 8,218 13,592 112,709 1,015, 39C 2,125,805 67,645 542 152 129 100 5,264 185 15 5,678 270 21,890 31,443 292 16, 588 32,666 6,117 62,308 372,811 1, 203 16,998 912 1,235 2,108 259 517 193,210 55,152 27,712 83,350 18, 255 7,949 26,896 8,738 779 94, 299 21,090 27,516 26,170 7,085 6,097 22,044 7,786 5,637 24,916 5,704 6,063 11,167 2,848 2,023 34,076 14,437 8,827 85,943 64,891 522 974 2,919 4,620 1,601 773 3,478 159 2,494 184 836 1,467 508 934 255 264 110 656 56, 226 17,540 5,214 6,141 7,350 18,944 31,289 7,840 3,530 13,372 2,045 30,675 2,317 3,311 121,186 205 1, 28, 523 11,998 4,277 2,160 247 968 13,652 6,252 1,839 287 3,482 19, 700 203,513 120,146 39,807 23,619 1 13 4,085 1,545 420 1,639 9,186 328 14,423 4,672 1,676 1,394 700 39 342 181 57 38 148 3,850 2,269 325 84 4,450 37,090 263, 509 147,224 48,525 492 3,325 2,379 216 1,515 Total United States and possessions 15, 258,765 21,417,811 860,399 3,316, 210 653,269 27,016 730,435 503,883 26, 799 441,813 1,255 4,373 2,701 2,198 1,662 3,014 3,084 7,791 14,821 4,456 2,550 10,230 967 9,313 61 117 152 2,161 23 66 278 31 422 215 1 20,073 24,391 13,857 617, 040 322,918 221 156 254 161 178 21 816 5 505 176 1,154 778 271 5 5 482 18,409 110, 053 115,356 39,798 10,704 206, 712 37, 605 54,537 45,399 1,237 52,157 1,446 24, 030 1,920 15,524 84, 354 23,628 202,201 175 3,150 Total possessions 1 640, 525 4,154 9,672 7,697 12,621 172 1,117 14,665 17,478 22,836 4,855 148,606 6, 272 12,987 29,240 226 708 197 11,035 1,092 22,445 890 12,122 4,334 12,232 442 6,270 1,316 5,876 357 938 167 379 86 2,165 259 5,289 34,188 29,578 13,904 1,841 7,799 76, 300 603,920 2,899,541 3,371,321 646,246 468,180 Includes preferred stock where authorized. CO CO Assets and liabilities of all reporting licensed banks in the United States, Alaska, and insular possessions, June 1933 {includes National, State {commercial) banks, loan and trust companies, savings, and private banks)—Continued CO [In thousands of dollars] Investments Loans and discounts Real-estate loans, mortgages, deeds of trust, and other liens on real estate Location On farm land Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut "II I _ _ ___I_IIIIII _ Total New England States New York New Jersey Pennsylvania Delaware Maryland District of Columbia.. I _ _ I TotarEastern States Virginia West Virginia North Carolina. _ South Carolina Georgia Florida Alabama. _ Mississippi Louisiana Texas Arkansas _ _ 215 667 900 852 219 605 On other real estate 56,699 78,079 70,668 1,376, 711 136, 672 481,203 Loans on securities (exclusive of loans to banks) Commercial paper bought in Loans open marto ket, and bills, acceptances, etc., payable 133 14,734 18,092 289 14,375 41 226,655 13,088 40,408 226 112,119 All other loansl United States Government? securities 23,497 24,058 Foreign Stock o Railroad Other State, and other Federal Re- government bonds, county, bonds and notes, public serve banks and muservice and other other for- warrants, nicipal corporaeign secorporaetc. bonds tion bonds curities tions 7,391 2,929 348,593 8,630 27,311 55,608 76,320 34,295 578,389 88,874 174,981 4,769 20,322 4,630 56,232 43, 200 45,185 11,267 7,562 7,902 21,382 7,067 55,082 38,341 13,748 5,182 91,291 7,670 8,654 212 42 789 20 37,702 2,750 3,318 44, 621 644,968 578, 602 404,762 1,008,467 174,338 110, 262 164,886 4,092 7,259 1,402, 530 306, 034 612, 046 17, 743 "9,415 3,192, 565 197,384 823, 951 25,102 110,453 62,071 1,210,894 129,516 206, 643 7,421 23,875 4,322 1,439,801 247, 733 599,277 28,127 116, 733 10,170 237,315 66,701 141,549 163 9,812 4,484 1.55, 395 22,209 43,829 779 7,016 1,271 319,663 66,335 261,735 14,939 26,157 7,682 382,096 2,426, 666 4,411,526 1,582,671 2,441,841 460,024 1,126 196 25 1,029 833 1,031 959 188, 619 106, 748 93,850 12, 207 89, 978 19,440 12,493 2,940 120 80, 798 245,409 28,136 59,152 21,047 26,447 8,143 52,309 81,802 29,150 7,435 32, 572 159, 737 14,285 7,286 4,029 186 1,364 7,798 5,941 5,654 916 1,722 7,867 1,746 3,475 6,889 414 1,722 4,522 2,091 1,990 316 1,347 9,160 382 3,458 2, 200,032 13,989 36,336 38,668 14,605 2,919 7,270 73 4,310,329 377,011 481,278 26,009 79,480 23,555 1,884,976 167, 524 192,391 6,654 656,717 30,487 30, 553 10 47,978 1,503 35,145 338 99,871 5,297,662 2,847, 760 206,516 6,516 1,870 1,300 2,358 2,770 979 6,145 3,187 3,562 26,929 2,309 15,075 9,444 2,490 2,742 22,084 9,026 10,390 3,881 24,471 35, 930 10,696 41,360 17,671 4,532 3,710 31,729 11, 350 18, 285 4,258 17,048 77,394 3,827 3 1,996 867 116 113 951 1,496 1,473 375 436 4,309 429 38 1,021 53,877 21, 985 20, 979 399, 298 39, 267 109, 562 345,094 94,629 83,021 20,446 4,727 18,972 11,397 7,446 9,199 40,192 696,511 1,396 965 14 432 1,337 1,141 1,688 426 717 3,014 455 27,970 16,604 6,033 2,065 11,175 7,917 7,420 22,064 23,935 39,131 11,451 o g ft) o § Kentucky Tennessee _ _ ___ Total Southern States Ohio Indiana --- Illinois Michigan Wisconsin Minnesota Iowa Missouri - __ - __ _ - Total Middle Western States. _ North Dakota South Dakota Nebraska Kansas Montana Wyoming Colorado New Mexico Oklahoma - - - _- Total Western States Washington Oregon California Idaho Utah Nevada Arizona. __ -- Total Pacific States Alaska The Territory of Hawaii . Puerto Rico Philippines Total possessions Total United States and possessions . _____ 1 5,200 3,317 6,550 5,179 17,841 29,198 1,332 3,142 1,139 113 174,724 130,069 49,083 34,130 28,860 14,382 9,052 1,579 765 2,348 914 1,020 11,508 13,704 66,442 157,958 278,203 17,035 10, 500 1, 279,924 575, 292 185, 748 55,140 35,421 13, 519 200,877 12,445 5,830 13,023 1,789 21,853 9,474 31,129 2,673 310,648 11,815 94,364 145,093 34,349 11,178 17,254 8,371 107,350 16,183 429,196 60,911 79,058 51,860 10,680 44,540 4,299 2,732 29, 561 1,110 5,737 3,538 1,679 3,408 693 257 24,883 2,162 1,214 2,561 1,544 4,845 369,112 184, 058 417,233 104f 238 126,346 224,377 77,329 296, 695 198,894 69, 528 482, 773 80,376 71,487 1.18,301 35,989 179,607 99,959 4,647 97,113 9,562 18,054 38,363 12,831 21, 550 23, 722 16,339 47,871 9,982 39,681 26,755 6,993 10,529 8,447 1,170 18,457 2,100 3,725 3,034 1,037 43,437 8,377 3,024 9,118 3,856 7,339 8,675 1,640 2,301 131,992 51,486 178,975 99,973 24,336 85,910 37,819 113,176 98, 216 633,072 799,778 52,064 38,159 1, 799, 388 1, 236,955 302,079 181,872 81,407 44,330 723,667 2,700 1, 697 7,116 5, 754 13,102 2,672 2,893 988 3,955 3,818 3,987 2,048 19,771 3,469 1,406 6,401 820 5,761 1,438 1,513 10,039 7,407 2,465 2,317 25,286 647 13,731 114 485 1,600 611 38 100 695 127 17,144 228 981 1,814 401 146 2 303 141 114 21,225 23, 969 67,920 99,435 11,809 15, 295 32, 385 6,476 68,012 7,739 9,003 44,005 46,333 17, 587 6,104 59, 977 4,547 41,422 4,150 11,213 10, 755 17,951 9,131 2,746 12,123 2,345 37,267 2,726 2,054 8,560 1,160 8,263 936 8,185 443 1,403 211 203 671 978 319 179 944 77 2,965 1,339 913 3,020 1,043 2,687 208 2,060 55 1,793 4,768 5,907 8, 859 32,115 7,622 3,082 16, 234 2,122 35,057 40,877 47,481 64,843 20,914 4,130 346, 526 236, 717 107, 681 33, 730 6,547 13,178 115,766 2,452 3,710 96,102 874 4,841 422 307 4,101 8,266 778,321 2,209 27, 732 1,172 6,464 19,075 8,739 210, 544 1,908 8,875 517 4,680 279 754 3,234 68 188 1,040 328 7,001 12 194 17 11 105,863 30,414 437, 667 10, 379 18,130 1,863 3,939 71, 258 55,491 575,608 8,753 18, 807 3,083 12,248 14,169 22,476 223,070 4,494 9,179 2,096 4,789 10,953 11,076 28,408 3,326 4,554 273 1,294 1,149 498 10, 555 161 5,167 24 396 1,731 5,264 15, 241 1, 237 678 62 375 44, 022 7,988 270,834 2,782 3, 792 371 2,959 108, 708 828,265 254,338 4,538 8,586 658, 255 745, 248 280,273 59,884 17,950 24, 588 332, 748 99 3,536 4,352 1,089 23,374 1,443 11,599 26 19,634 512 1,954 786 33 250 16 7 1,894 7,896 2,842 11, 691 28, C16 44,050 1,992 6,579 78 3,010 498 7,145 610 9,672 1,107 2,786 207 2,586 755 78 1,332 2 1,625 150 983 8,475 1,196 4,791 7,987 37,505 22,176 1,069 9,813 86, 599 11, 659 17,925 4,648 3,037 2,943 15,445 425, 559 9,201,975 4, 693,481 316,125 497,905 7, 242, 326 7, 795,999 2,881,139 3, 785,582 778, 724 439, 319 2,249,900 Includes $3,646,655,000 reported for banks other than national, a part of which should probably be classified elsewhere in t h e schedule. Assets and liabilities of all reporting licensed banks in the United States, Alaska, and insular possessions, June 1933 {includes National, State {commercial) banks, loan and trust companies, savings and private banks)—Continued [In thousands of dollars] Cash* Demand deposits Time deposits Deposits Other time deposits ' the payPublic ment of funds of which has States, Postal DeIndivi- counties, Certifi- Other counties, been deChristGold All Not dual savposits ferred de- school dis- cates debemas Gold cer- other school disEviings cash classiposits mand of denced Certifi- savings Open deposcoin tifltricts, or of de- depos- tricts, or other yond the in fied subject other customary acother subby savcates of and subposit to check divisions banks vault its period by ings pass deposit similar counts its divisions agreement or municibooks or municiacwith deposipalities palities counts tors Public funds of Location Maine New Hampshire Vermont Massachusetts Ehode Island. Connecticut 2,215 2,336 _ 798 1,382 14,659 15,929 7,902 15,285 ___. Total New England States. New York _ New Jersey Pennsylvania Delaware.. Maryland District of Columbia.._ Total Eastern States Virginia West Virginia North Carolina South Carolina _. Georgia Florida Alabama Mississippi „ _ Louisiana Texas 3,224 177 33,180 23,370 14,174 726,496 82,164 180,991 2,466 3,184 225 5,824 14,104 601 4,623 2,583 5,837 449 177 160 9,873 137 7,495 190 38 121 5,362 1,862 1,835 18,291 418 1,130 6 32 5 913 14 370 148 43,195 20,535 1,060,375 58, 502 15,192 9,408 1,340 307 155 146 7 33 12 5,067,298 346 125,588 107 27, 662 391,904 201 27,868 25,361 1,198,346 1,751 47,750 7,220 122, 246 9,956 103,953 272, 342 45,023 219, 688 84, 752 7,001 4,128 69,054 11, 524 20,851 12,782 2,034 15,838 208 41 655 4,938 44, 559 5,755 11,429 54 1,228 500 26,727 1,911 3,867 25 2,431 65 660 679 200, 045 25,361 6,931,497 454,809 66, 262 251,847 63, 525 35,026 5,534 3,567 2,629 3,733 1,855 4,401 2,521 4,749 2,000 5,070 4,321 5,650 22,188 119,581 67,581 22,094 99,213 65,029 55,843 35,786 88,486 381,213 6,223 5,928 18,882 6,126 6,005 23,026 8,957 16,751 7,571 55,814 4,212 466 1,881 61 957 39 1,827 124 439 7,706 295 980 4,322 180 1,411 1,441 336 370 1,946 4,295 3,564 42 679 994 400 910 1,556 10 310 138 71 10,373 5,429 580 476 32 200 3 215, 552 209, 711 149,433 615 2,388,068 325,881 816,038 1,321 1,790 317 51,009 11,420 19, 529 818 4,104, 6 85, 386 15,972 37,687 45,159 385 167 415 2,009 861 52 96 8,994 31, 777 33, 266 1,593 3,354 2,500 "5," 489' 7,854 7,060 6, 323, 926 202, 488 13, 243 313, 470 124,804 1,532 998, 247 23,104 9,960 4,909 42,107 724 1, 569, 647 151,869 6,763 115, 446 91, 722 884 754 38 60, 529 1,473 298, 612 1,335 4,417 2,526 5,247 1,912 3,052 2,594 70, 367 9,316 9,321, 328 385, 065 33, 251 441,360 264, 507 57,366 2,438 1,132 63 175 27 94 276 1,951 109,924 63, 587 31,127 12,184 61,152 36, 622 45, 515 24,997 46,032 119,849 24,302 22, 208 21, 651 2,894 25,060 4,166 8,028 20,643 25,303 24,696 1,164 653 96 117 444 160 916 145 294 731 2 7,419 343 2,879 180 575 4,155 3,226 3,103 4,691 1,788 2,750 13,842 26,882 7,394 2,779 4,265 23,896 CO C 13 10 10 Arkansas _ __•- - Tennessee Total Southern States Ohio Indiana Illinois Michigan Wisconsin . __ _ Minnesota Iowa Missouri Total Middle Western States __. North Dakota _ South Dakota Nebraska . _ Kansas Montana --Wyoming _ Colorado New Mexico _Oklahoma Total Western States Washington Oregon. California _ _ Idaho . _ Utah Nevada . Arizona Total Pacific States Alaska _ The Territory of Hawaii Puerto Rico Philippines _. Total possessions Total United States and possessions 1 7 22 3 2,751 2,891 3,751 128 1,702 4,264 82 208 1,657 543 11 17,144 64,705 53,131 10,299 56,325 37, 009 62 350 412 19,874 17, 335 30, 041 4,144 64, 076 685,987 282, 584 5,544 21,391 107,461 8,635 17,541 9,995 6,138 2,60^ 1,734 2,597 4,101 18,895 21,482 11,140 4,281 844 4,036 2,067 304 8,858 1,406 239 1,625 .3, 723 339 505 1,078 3,154 2,112 2,201 10,638 83 105 2,424 4,512 1,355 306 1,258 17,315 1,100 1,343 2,708 563,860 100, 522 419, 045 190, 826 133, 345 207,471 43, 330 121,171 104, 602 40, 084 102, 921 40, 425 85, 083 96,453 57,423 100, 633 6,946 453 1,259 1,773 1,101 745 193 360 2,370 7,983 42, 352 10,000 1,059 1,519 21,187 21,815 25,385 1, 779, 570 12,307 4,481 11,613 1,168 183 811 286 135 69,898 20, 970 1,253, 096 183,684 38 25 171 17 90 31 15 16 33 11,938 24,893 391,893 114 7,889 10,857 172,372 55 54,644 1,067,168 16 5,479 12,233 186, 771 16 12,392 136,440 158 6,795 9,228 200,124 13 4,054 5,875 108,462 13 5,729 11, 614 470,709 78,496 17, 207 109,415 21,356 37,748 38,49 7 13, 562 19,3iO 403 418 108,920 74,700 2, 733,939 335,591 53,348 63, 049 3,640 5 410 14,929 737,856 10,711 6,393 7 961 4,554 27,099 425 582 4,208 7,070 1,236 675 2,004 478 1,012 550 1,038 16,179 26 238 78,941 118,855 29,191 12,833 84,633 9,695 121, 568 1,038 498,133 118, 553 11 10 63 3 6 2 6 8 4,297 2,097 3 3,159 1,275 72 19,506 12,617 1 725 1,395 41 1,208 490 1 1,904 81,923 56,106 678,464 14,049 24, 792 3,894 16,320 101 126 31, 289 17,384 11 80 94 321 981 12 4,827 63 4 671 113 12,454 506 188 22,933 9 6 12 17 4 5 89 3 20 123 2,106 37 19 2,076 75 1,156 2,484 253 894 324 10 132 446 67 5,888 389 17, 690 6,149 10,498 1,215 22,470 13,168 50,128 8,254 6,134 3,003 3,333 1,329 1,243 7,651 519 20 41 92 1,801 1,068 18,305 29 1,134 100 20 25 457 176,901 33 660 35 3,511 373 875, 548 106,490 10,895 22,457 181,622 3,230 19,578 8 813 24,384 689 4,44* 3 612 7,664 21 1,046 205 472 21 8,712 3,089 176 2 1,905 1,927 9,420 219 56,005 16,412 1,744 11,998 13,254 219 2,312 1,859 508,397 159,988 13,408,593 1,274,041 10 11 24 45 29 11 23 5 21 179 1,382 1 451 4,341 6,157 2 871 1,694 8 501 1,009 4,711 165 32,117 All cash in national banks included in first 3 columns. 146 978 635 30,814 120,591 97,928 4,466 2,803 7 18,005 391,126 5 1,388 329,535 65,147 47,201 6,433 17, 090 3 989 11,454 21,101 17,996 3,343 9,189 627,624 12,830 68, 626 134,453 213 14, 869 13 658 30, 560 47,848 13, 362 6,326 9,814 1,945 20,906 44 25 500 350 38 807 559 16 436 74 4,591 127 6,352 572 7,889 633 8,486 68 11,905 2,401 101 9,515 1,576 12,843 15,242 960 77 160 7,154 1,536 7,381 8,596 7 725 21,625 21,313 17, 744 8,200 62,108 2,161 28,319 593 140 14 744 855 658 316 1,638 177,791 159, 288 2,775 14, 418 67,957 112, 208 61, 038 414 1,460,404 6,356 1,488 389 40,406 4,364 12,333 13, 066 6,870 40,446 6,329 4,700 264 1,090 10 4 2,327 1 22 2 12 401 22,114 717 15,956 10, 558 105,075 3,935 3,365 386 15 5,730 2,291 1,697,109 72, 765 2,378 11,691 156,561 3,761 32,140 8,773 25,812 776 10,694 928 9,825 70,486 22, 223 102,846 17, 836,954 1,634,935 721 357 21 1,858 1,078 1,879 867 302 247 1,416 73,828 597,052 777,514 CO 98 KEPOBT OF THE COMPTROLLER OF THE CURRENCY The assets and liabilities of all reporting banks June 30, 1929 to 1933, are shown in the following statement: Assets and liabilities of all reporting banks on or about June 80, 1929—S3 [In thousands of dollars] 1929 (25,330 1930 (24,079 1931 (22,071 1932 (19,163 1938 (14,624 banks) banks) banks) banks) banks *) ASSETS Loans and discounts (including rediscounts) 41,376, 269 Overdrafts 56,857 17,348,738 Investments 1,754,454 Banking house, furniture and fixtures 390,816 Real estate owned other than banking house 819,928 Cash in vault Reserve with Federal Reserve banks or 3,192, 200 other reserve agents. 3, 567, 525 Due from banks _ Exchanges for clearing house and other cash 1,691, 772 items 1,973,946 Other assets..— Total 40,460,670 35,164,850 28,074,640 49,438 45,650 15,213 17,944, 728 20,060,153 18, 223, 241 1,810,357 1,808,254 1,681,989 526,750 425,151 446,488 865,970 884,327 791, 627 22,377,371 10,447 17,930,663 1,382,831 637.646 672, 556 3,433,102 3,994,325 3,402,189 4,133, 720 2,674,941 2,920,092 2,761,945 3,230, 111 2,884,635 2,151, 748 1,946, 709 2,316,809 981,057 1,355,581 1,100,173 1,198,165 72,172, 505 74,020,124 70,209,149 57,245,131 51,301,908 24, 350,164 24,098,516 21,326, 210 16,405, 579 28,787,617 29,465,361 29,159,361 24, 774,389 424,325 286,112 448,189 213, 722 3,629,197 4,337,120 4,828,741 3,212,110 15,258,765 21,417,811 LIABILITIES Demand deposits _ Time deposits (including postal savings) _. United States deposits Due to banks Certified and cashiers' checks and cash letters of credit and travelers' checks outstanding Deposits not classified a - 837,430 20,121 1, 615, 277 1,083,003 117,199 19,240 565,866 8,000 653,269 27,016 45,890,269 652,168 1,248, 780 48,613 528,310 41,588,470 730,435 503,883 26,799 441,813 77,271 761,219 3,317,864 4,058,070 716, 598 3 445,969 76,300 603,920 2,899,541 3,371,321 646,246 468,180 72,172, 505 74,020,124 70, 209,149 57, 245,131 51,301,908 Total deposits 67,910,641 59,847,195 56, S64,744 National-bank circulation. _ 649,452 652,339 639,304 Bills payable and rediscounts — 1,630, 703 665,817 457,620 Agreements to repurchase securities sold—. 312, 335 55,523 47,678 938,407 Acceptances executed for customers 449,917 585,969 Interest, taxes, and other expenses accrued 142, 776 122, 737 97,839 and unpaid.. 1,665,948 1,816,891 1,067,821 Other liabilities 3, 796,978 3.889,419 3,669,998 Capital stock 4,611,69S 4,968,999 4, 792,851 Surplus 1,097, 386 1,154,804 1,010,128 Undivided profits—net 3 161,483 3 268, 276 3 358,102 Reserves for contingencies Total _ 3,316,210 * Licensed banks; i.e., those operating on an unrestricted basis. 2 For banks other than national. 3 Includes reserves for dividends. Principal items of assets and liabilities of all reporting licensed banks in continental United States as compared with similar data for member banks of the Federal Reserve System, on or about June 80, 1983 Member banks Items Loans *__ Investments Cash Capital Surplus and undivided profits. Deposits (demand and time).. Aggregate assets Percent All Mutual Private to all reporting savings2 banks: 3 reporting banks: 1 banks: 1 Percent 184 banks 5,606 banks, 14,565 576 banks to all (000 banks (000 banks (000 reporting except (000 omitted) omitted) mutual omitted) omitted) banks 1 savings and private $22, 220, 296 17,875,006 648,929 2,869, 963 4,001,822 36, 479,862 50, 986, 698 $12,858, 099 11, 928, 272 404, 502 2, 220, 330 2, 220, 720 21,908, 638 33,046, 780 12 Exclusive of banks in Alaska and insular possessions. Included in all reporting banks in column 1. 8 Including overdrafts. 57.87 66.73 62.33 77.36 55.49 60.06 64.81 79.10 69.16 77.50 79.35 81.94 82.67 $5,941,048 4,103,176 62, 781 1,199,057 9, 712,993 10, 967,143 $22,847 9,986 1,282 4,863 4,182 29,899 46,913 REPORT OF THE COMPTROLLER OF THE CURRENCY 99 Per capita demand and time and savings deposits in all reporting licensed banks Statement showing the population, amount of demand and time deposits, amount of savings deposits, and per capita savings deposits reported by all licensed banks in each State, the District of Columbia, Alaska, and insular possessions follows: Per capita demand and time and savings deposits in all reporting licensed banks June 80, 1938 Population (approximate) Location Maine New Hampshire Vermont Massachusetts * Rhode Island Connecticut _ _ __ . _ _. Total New England States 802,000 469,000 361,000 4,318,000 702, 000 1, 646, 000 Per capDemand ita de- Savings deand time posits 2 (000 mand deposits i omitted) and time (000 omitted) deposits $254,340 242, 720 165,184 3, 293, 695 434,832 1,062,042 Per capita savings deposits $317.13 517. 53 457. 57 762. 78 619. 42 645. 23 $216,873 211,501 149,750 2, 439, 077 337,301 835, 567 $270.42 450.96 414.82 564. 86 480.49 507. 64 8, 298, 000 5,452,813 657.12 4,190, 069 504.95 12,965, 000 4,193,000 9, 787, 000 241, 000 1, 663, 000 495, 000 12, 660, 628 1,575, 310 3, 251, 242 124,976 452, 313 193, 324 976. 52 375. 70 332. 20 518. 57 271. 99 390. 55 6, 526,414 1, 021, 351 1, 721, 516 61,413 300,085 75, 614 503. 39 243. 58 175. 90 254.83 180. 45 152. 76 29,344,000 18, 257, 793 622. 20 9, 706,393 330. 78 2, 441,000 1, 774, 000 3, 275.000 1,748, 000 2,911,000 1, 554, 000 2, 697,000 2,047,000 2,153,000 6,023,000 1,872,000 2,648, 000 2, 664, 000 330, 334 177,381 149,139 47,816 211, 848 158, 620 131,018 101, 689 189, 720 629, 282 79,962 251,918 216,490 135. 33 99.99 45.54 27.35 72.77 102. 07 48.58 49.68 88.12 104. 48 42.71 95.14 81.27 134,244 85, 795 52,778 15,078 86, 212 40,788 53, 543 45,640 71,335 144, 545 27,443 121, 030 90,140 55.00 48.36 16.12 8.63 29.62 26.25 19.85 22.30 33.13 24.00 14.66 45.71 33.84 33,807,000 2,675, 217 79.13 968,571 28. 65 _ 6, 798,000 3, 291,000 7,826, 000 5,043, 000 2,992, 000 2, 594, 000 2,482, 000 3, 668, 000 1, 234, 517 386, 247 1, 785, 705 484, 457 416, 047 585,862 248, 526 736, 056 181. 60 117.36 228.18 96.07 139. 05 225. 85 100.13 200. 67 668,462 140, 606 521,966 231,251 218,428 303,924 100, 753 221,804 98.33 42.72 66. 70 45.86 73.00 117.16 40.59 60.47 Total Middle Western States 34,694,000 New York New Jersey Pennsylvania. __ Delaware Maryland District of Columbia Total Eastern States Virginia West Virginia North Carolina South Carolina Georgia Florida _ _. Alabama Mississippi Louisiana., _ _ Texas _ __ Arkansas Kentucky Tennessee _ „ Total Southern States.. Ohio Indiana Illinois Michigan Wisconsin. Minnesota Iowa_ _ Missouri North Dakota South Dakota Nebraska Kansas. _ Montana.. Wyoming Colorado New Mexico— Oklahoma _ _ _. ._ _ _ Total Western States . . 5,877,417 169. 41 2,407,194 69.38 687, 000 702,000 1, 392, 000 1, 900, 000 3 537, 606 231, 000 1,052, 000 434,000 2,459,000 52, 045 60, 522 160, 255 245, 585 84, 302 37, 786 179,294 20, 567 235, 071 75.76 88.21 115.13 129. 26 156. 81 163.58 170. 43 47.39 95.60 23,465 21, 383 52,185 69,161 31,106 14, 526 71,922 4,106 49, 225 34.16 30.46 37.49 36. 40 57.86 62.88 68.37 9.46 20.02 9, 394, 605 1, 075,427 114. 47 337,079 35.88 * Includes postal savings, Christmas savings, and other savings reported in column 4. 2 Represents deposits evidenced by savings pass books and time certificates of deposit. (Does not include postal savings or Christmas savings accounts.) 3 Population Apr. 1,1930. 100 REPORT OF THE COMPTROLLER OF THE CURRENCY Per capita demand and time and savings deposits in all reporting licensed banks June 80y 1983—Continued Population* (approximate) Location Total Pacific States Total possessions Total United States Per capita savings deposits 1,599,000 983,000 6,062,000 447,000 518, 000 93, 000 453,000 $255,720 157,041 2,551,114 40,993 81,782 12,089 42, 456 $159.92 159.76 420. 84 91.71 157.88 129.99 93.72 $125,274 67,908 1, 500,850 12,685 45,106 4,628 13,423 $78.35 69.08 247.58 28.38 87.08 49.76 29.63 __. 10,155,000 3,141,195 309. 32 1,769, 874 174.29 __. 60,600 404,000 1, 621,300 12, 758,400 9,367 79, 545 27,834 79,968 154.57 196.89 17.17 6.27 4,537 42, 834 9,701 35,637 74787 106. 02 5.98 2.79 Washington Oregon California Idaho Utah.. Nevada Arizona Alaska The Territory of Hawaii Puerto Rico Philippines Per capDemand ita de- Savings deand time mand posits (000 deposits and time omitted) (000 omitted) deposits 14,844,300 196, 714 13.25 92,709 6.25 140, 536,906 36,676, 576 260.98 19,471,889 138.55 Savings deposits and depositors in all reporting licensed banks in the United States and possessionSj according to classes of banks, on or about June SO, 19S3 [Deposits in thousands of dollars] Total all reporting banks Location Maine New Hampshire Vermont „ Massachusetts Rhode Island Connecticut • .___ ~ __ __ Total New England States New York New Jersey Pennsylvania Delaware _ Maryland District of Columbia - Total Eastern States Virginia— West Virginia North Carolina South Carolina— Georgia _ Florida Alabama Mississippi— Louisiana Texas _ Arkansas— Kentucky Tennessee. - — - Total Southern States National banks Total savings deposits i Depositors 2 1,321 1,790 317 51,009 11,420 19,529 216.873 211,501 149,750 2,439,077 337,301 835,567 446, 688 351,634 264, 222 3, 645,452 382,928 1,376,109 43, 523 16.158 19,848 230, 322 11,836 72,568 1,759 317 38,425 3,329 10,036 44,449 17,917 20,165 268,747 15,165 82,604 79,318 46,958 45, 594 567,122 12,441 183,199 635, 270 306, 017 719,628 8,255 68,891 36,342 1, 586, 538 725,638 1,374,429 10, 255 94,818 62,947 4,104,683 85,386 4,190,069 6,467,033 394, 255 6,323,926 998, 247 1, 569,647 60, 529 298,612 70,367 202, 488 23,104 151,869 884 1,473 5,247 6, 526,414 1,021, 351 J , 721, 516 61,413 300,085 75,614 9, 383,998 2,179,910 3,177, 834 118, 762 568,695 180, 499 557,930 300,870 617,921 7,746 67,418 33,894 77, 340 5,147 101, 707 509 1,473 2,448 9, 321, 328 385, 065 9, 706, 393 15, 609, 698 1, 585, 779 188, 624 109, 942 63, 587 31,127 12,184 61,152 36,622 45, 515 24,997 46, 032 119,849 17,144 64, 705 53,131 24,302 22, 208 21, 651 2,894 25, 060 4,166 8,028 20, 643 25, 303 24,695 10,299 56,325 37, 009 134, 244 85, 795 52, 778 15, 078 86, 212 40, 788 53, 543 45,640 71,335 144, 545 27,443 121,030 90,140 430,616 212,981 165, 648 41,884 317,113 155, 322 251,925 61,482 263,878 302.621 53, 540 232.622 236, 578 90,367 29, 389 7,801 3,746 44, 337 27,163 32, 792 12,462 29, 392 111, 601 10, 573 30,453 38,423 24,302 9,588 6,479 638 8, 312 3,434 5,030 4,956 7,419 16, 003 5,749 16,107 20, 310 114,669 38,977 14, 280 4,384 52,649 30, 597 37,822 17,418 36,811 127, 604 18,322 46, 560 58,733 685,987 282, 584 968, 571 2, 726, 210 128,327 596,826 »Excludes Postal Savings and Christmas-savings accounts, etc. posits Total sav evidenced Time cerof ings deby savings tificates deposit posits i pass books Deposits Total savevidenced Time cerof ings deby savings tificates posits i deposit pass books Deposits evidenced Time cerof by savings tificates deposit pass books 215,552 209,711 149,433 2,388,068 325,881 816,038 All banks other than national 2 233, 755 92, 247 41, 216 15,957 230, 111 120,619 101,925 33,338 257,481 26, 354 74, 291 187,425 1,613,105 172,029 193,553 129,585 2,157,746 314,045 743,470 172,424 193.584 129.585 170,330 322,136 752,963 125,148 5,891,144 7, 797,460 715,334 1, 454, 272 17,957 50,162 1,001,888 1,803,405 375 53,158 108, 507 231,194 473,877 39,272 117, 552 19, 575 34,198 23,326 8,438 16,815 9,459 12, 723 12, 535 16,640 8,248 6,571 34, 252 14, 708 217,488 12,620 15,172 2,256 16, 748 732 154, 257 Represents number of savings pass-book accounts, 19,575 46,818 38,498 10,694 33,563 10,191 15,721 28, 222 34,524 16,941 11,121 74,470 31,407 Savings deposits and depositors in all reporting licensed banks in the United States and possessions, according to classes of banks, on or about June SO, 1983—Continued (Deposits in thousands of dollars] Total all reporting banks Location Deposits Total savevidenced Time cerof ings deby savings tificates posits deposit pass books Ohio Indiana Illinois Michigan Wisconsin Minnesota. Iowa Missouri Total Middle Western S t a t e s . . . North Dakota South Dakota Nebraska Kansas.._ Montana... ._ Wyoming Colorado New Mexico Oklahoma . . . Total Western States Washington.. Oregon California Idaho. . Utah Nevada Arizona Total Pacific States _ 563,860 100,522 419,045 190,826 133,345 207,471 43,330 121,171 104,602 40,084 102,921 40,425 85,083 96,453 57,423 100,633 1,779, 570 All banks other than national National banks Depositors 668,462 1,608,808 140,606 301,598 521,966 1,767,943 231, 251 652, 221 218,428 750,889 303,924 701,578 100, 753 271,966 221,804 539,928 Deposits Total savevidenced Time cerof ings deby savings tificates posits deposit pass books 142,420 42,017 264,621 67,903 73,988 120,9-5 16,901 53,330 Depositors Deposits Total savevidenced Time cerof ings deby savings tificates posits deposit pass books 184,698 60,274 325,310 77, 237 108,189 171,521 30, 503 71,632 430,623 137,164 1,037,136 184,247 330,149 455, 386 103, 264 202, 342 421,440 58, 505 154,424 122,923 59, 357 86, 526 26,429 67,841 62,324 21,827 42,232 31,091 50,882 45,877 43,821 82,331 247, 239 1, 029,364 42,2^8 18, 257 60,689 9,334 34, 201 50, 576 13, 602 18,302 Depositors 483,764 1, r8,185 80,332 164,434 196,656 730,807 154,014 467,974 110,239 420, 740 132,403 246,192 70, 250 168, 702 150,172 337, 586 627,624 2,407,194 6,594,931 782,125 2,880,311 997,445 380,385 1,377,830 3,714,620 8,596 7,725 21,625 21,313 17,744 8,200 62,108 2,161 28,319 14,869 13,658 30,560 47,848 13,362 6,326 9,814 1,945 20,906 23,465 21,383 52,185 69,161 31,106 14,526 71,922 4,106 49,225 42,345 40,861 138,488 177,457 51,309 30,653 183,639 10,177 119,023 7,360 5,039 18, 667 14,669 11,634 6,019 50, 260 1,693 26,712 9,772 6,847 16,440 17,710 8,113 3,796 7,655 1,357 15,729 17,132 11,886 35,107 32,379 19,747 9,815 57,915 3,050 42,441 34,627 25,742 112,203 87,163 32,315 20,782 138,084 7,814 108,054 1,236 2,686 2,958 6,644 6,110 2,181 11,848 468 1,607 5,097 6,811 14,120 30,138 5,249 2,530 2,159 588 5,177 6,333 9,497 17,078 36,782 11,359 4,711 14,007 1,056 6,784 7,718 15,119 26,285 90,294 18,994 9,871 45.555 2,363 10,969 337,079 177,791 159,288 793,952 142,053 87,419 229,472 566,784 35,738 71,869 107,607 227,168 112,208 61,038 1,460,404 6,356 40,406 4,364 12,333 13,066 6,870 40,446 6,329 4,700 264 1,090 125,274 269,557 67,908 195,887 1,500,850 2,837,403 12,685 35,053 45,106 153,296 4,628 8,807 13,423 37,668 46,676 52,777 778,576 2,546 9,725 3,866 2,633 6,835 4,984 40,446 1,986 1,850 29 384 53,511 57,761 819,022 4,532 11,575 3,895 3,017 154,221 164,523 1,749,506 11,331 32,112 6,454 10,687 65,532 8,261 681,828 3,810 30,681 498 9,700 6,231 1,886 4,343 2,850 235 706 71,763 10,147 681,828 8,153 33,531 733 10,406 115,336 31,364 1,087,897 23,722 121,184 2,353 26,981 1,697,109 72,765 1,769,874 3,537,671 896,799 56,514 953,313 2,128,834 800,310 16,251 816,561 1,408,837 o o E o The Territory of Hawaii _ Puerto Rico __ PhilippinesTotal possessions Total United States 3,761 32,140 8,773 25,812 70,486 17,836,954 776 10,694 928 9,825 4,537 42,834 9,701 35,637 6,978 156,046 35,368 438,987 22, 223 92,709 637,379 12,011 1, 634,935 19,471,889 36,366,874 4, 281,521 1,261 10,750 206 3,662 1,467 14,412 2,578 43,117 2,500 21,390 8,773 25, 812 3,868 15, 879 45, 695 58,475 766,783 5,048,304 12,023,986 13, 555,433 570 7,032 928 9,825 3,070 28,422 9,701 35,637 4.40C 112,929 35,368 438,987 18,355 76,830 591,684 868,152 14,423,585 24,342,888 O o 3 o Savings deposits and depositors in all reporting licensed hanks in the United States and possessions, according to classes of banks, on or about June SO, 1938— Continued [Deposits in thousands of dollars] State (commercial) banks Loan and trust companies Stock savings banks d Location Deposits Total evidenced Time cerof savings 1 by savings tificates deposits deposit pass books Depositors a Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut 54,980 17,816 51,706 115,122 143, 370 91,130 Total New England States New York New Jersey Pennsylvania Delaware Maryland District of Onlnmhiq. Total Eastern States.. Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee Total Southern States Deposits Total evidenced Time cerof savings by savings tificates deposits i deposit pass books 395 31 Depositors 2 12, 584 8,091 9,480 55,375 17,847 51,706 127,706 151,461 100,610 149,125 39, 021 3 96,349 271,663 183,191 284, 971 474,124 30,581 504, 705 1, 024,320 143,405 25,912 119,312 7,174 29,573 11,859 793 8,842 230 155,264 26,705 128,154 7,404 29,573 431,789 73,257 319,923 14,333 102,933 486,939 339, 303 331,401 17, 792 25,437 29,379 113, 245 17,164 41,320 145 2,176 600,184 356,467 372,721 17,937 25,437 31,555 1,090,948 849,118 850,992 45,867 71,599 76,862 325,376 21,724 347,100 942,235 1,230, 251 174,050 1,404,301 2,985,386 19 575 34,198 23,326 8,438 16,326 6,436 10,529 12,535 16, 640 8,241 6,571 34,252 14,708 12,620 15,172 2,256 15,889 595 2,973 15,687 17,884 8,486 4,550 40,218 16,699 19,575 46,818 38,498 10,694 32, 215 7,031 13, 502 28,222 34,524 16,727 11,121 74,470 31,407 196,861 120, 734 3 124,432 25,927 82,870 3 23,240 3 50,000 s 28,146 3 65,490 45,069 27,186 158,331 3 49,153 3,023 137 3,160 3 11,463 211,775 153,029 364,804 997,439 3,023 137 3,160 11,463 Deposits Total evidenced Time cerof savings Depositors 2 by savings tificates deposit deposits * pass books i O o o ===== 26,344 26,344 39,802 7,094 623 7,717 40,690 33,438 623 34,061 80,492 2,194 25 2,219 3 100,000 2,194 25 2,219 100,000 o 312,635 9,404 154,424 110,718 56,405 25, 638 3,966 13,827 60,448 12,768 42,232 30,022 50,330 43, 383 19,432 38,923 373,083 22,172 196,656 140, 740 106, 735 69,021 23,398 52, 750 1,025,379 3 30,741 730,807 447,803 408,811 3 141,848 3 67,670 3 93,155 687,017 297, 538 984, 555 2,946,214 818 2,389 1,941 6,561 6,110 2,181 s 11,848 468 s 1, 607 4,977 6,385 14,120 27,974 5,249 2,530 3 2,159 588 s 5,177 5,795 8,774 16,061 34,535 11,359 4,711 14,007 1,056 6,784 7,029 3 13, 700 22, 690 84,341 3 18, 994 9,871 45,555 2,363 3 10, 969 33,923 69,159 103,082 215, 512 794 3 18, 599 8,227 3 6,231 1,886 24,830 10,113 18, 015 31,177 166 3,810 14, 847 498 6,048 4,343 2,692 235 482 8,153 17,539 733 6,530 23, 722 62,432 2,353 15,132 Total Pacific States A.laska The Territory of Hawaii Puerto Rico Philippines Total possessions 52,029 15,869 67,898 152,831 2,500 21,390 8,773 25,812 7,032 928 9,825 3,070 28,422 9,701 35,637 4,400 112,929 35, 368 438,987 58,475 18,355 76,830 59 Total United States 1,368, 595 575,674 1,944,269 Ohio . -•_ Indiana. Illinois Michigan _ _ Wisconsin Minnesota Iowa _ Missouri _ Total Middle Western States North Dakota _ South Dakota Nebraska Kansas Montana Wyoming Colorado New Mexico Oklahoma Total Western States.__„._Washington Oregon California Idaho Utah _ Arizona , 1 Excludes postal savings and Christmas savings accounts, etc. 2 Represents number of savings pass-book accounts, s Estimated. 32,289 8,719 41,008 s 105,559 1,074 3,195 879 54,014 552 2,494 386 43,408 1,626 5,689 1,265 97,422 8,027 3 11,832 3 2,525 3 244,431 91,451 55,559 147,010 372,374 418 297 120 426 538 723 689 3 1, 419 79 2,090 2,169 5,905 11,795 598 12,393 18,112 21,425 22,917 44,342 3 97,465 33,220 23, 515 56,735 115,577 o 1,017 3,595 o 1 017 3 714 880 2,636 71 71 3,430 8,013 166 220 785 8,326 951 8,546 1,017 1,017 3,595 592,474 592,474 1,016, 616 50,426 15,120 87 15, 207 3,652 224 3,876 11,849 611, 246 311 611, 557 1,078,891 o o 3 684 5,845, 915 d 1,800, 523 263,034 2,063,557 4,410,102 681,115 24, 474 705, 589 1,378,555 o Savings deposits and depositors in all reporting licensed banks in the United States and possessions, according to classes of banks, on or about June 80, 1988—Continued [Deposits in thousands of dollars] Mutual savings banks Location Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Deposits Total evidenced Time cer- savings by savings oftificates deposits * deposit pass books . Total New England States New York New Jersey Pennsylvania Delaware Maryland—. District of Columbia Total Eastern States Virginia West Virginia North Carolina. South Carolina.. Georgia Florida Alabama Mississippi Louisiana _ _ Texas.. Arkansas Kentucky.. __ _ Tennessee Total Southern States Total all banks other than national Private banks Depositors 2 Deposits Total evidenced Time cer- savings Deposiby savings oftificates 1 tors 2 deposit deposits pass books 117,049 175,737 77,879 2,042,624 170,675 652,109 117,049 175,737 77,879 2,042,624 170,675 652,109 218,245 265,655 s 122,279 2,806,667 187,296 907,152 231 13 244 3,236,073 3,236,073 4,507,294 231 13 244 Deposits evidenced Time cerof by savings tificates deposit pass books 3 Total savings deposits l Depositors 1 787 172,029 193,553 129,585 2,157,746 314,045 743,470 12,584 8,091 9,493 367,370 172,424 304,676 193,584 218,628 129,585 2,170,330 3,078,330 370,487 322,136 752,963 1,192,910 787 3,710,428 30,594 3, 741,022 395 31 5,134,980 304, 374 500,204 27,817 176,184 5,134,980 304, 374 500, 204 27,817 176,184 6, 272,371 487, 536 630, 347 48, 307 299,345 672 1,444 809 44 716 1,444 809 2,352 4,559 2,143 5, 765,996 697,377 951, 726 52, 783 231,194 36,473 125,148 17,957 50,162 375 2,799 6,143,559 6,143,559 7,737,906 2,925 44 2,969 9,054 7,735,549 196, 441 7,931,990 11,755,073 19,575 34,198 23,326 8,438 16,815 9,459 12, 723 12,535 16,640 8,248 6,571 34,252 14,708 12,620 15,172 2,256 16,748 732 2,998 15,687 17,884 8,693 4,550 40,218 16,699 19, 575 46,818 38,498 10,694 33,563 10,191 15,721 28,222 34,524 16,941 11,121 74,470 31,407 196,861 120,734 124,432 25,927 87,002 34, 703 150,000 28,146 65,490 45,140 27,186 158,331 49,153 217,488 154,257 371,745 1,113,105 859 1,348 4,132 7 207 214 71 496 1,066 1,562 4,203 . o o S 5,532,401 5,891,144 7,797,460 715, 334 1,454, 272 1,001,888 1,803,405 53,158 108, 507 231,194 473,877 39, 272 117,552 489 3 o Ohio Indiana Illinois Michigan 107,315 16,446 ._ 390 1,878 57,693 Iowa Missouri Total Middle Western States 183,332 390 107,705 16,446 146,670 3 26,935 1,878 57,693 3,902 » 92, 512 183, 722 270,019 North Dakota South Dakota Nebraska Montana Wyoming Colorado New Mexico Oklahoma Total Western States Washington Oregon 46,767 34 89,354 46,767 34 89,354 1,490 366 1,486 340 2,976 706 6,136 3 1,199 410 471 881 2,059 159 1,086 1,245 1,042 2,425 3,383 5,808 10,436 4 74 78 48 4 74 78 48 97,101 187 71,281 Utah Arizona Total Pacific States 136,155 136,155 168, 569 Alaska The Territory of Hawaii Puerto Rico Phiiippines Total possessions Total United States 9, 699,119 390 9,699, 509 12,683,788 i Excludes postal savings and Christmas savings accounts, etc. Represents number of savings pass-book accounts. 3 Estimated. 3 6,081 4,580 10,661 421,440 58,505 154,424 122,923 59, 357 86,526 26,429 67,841 62,324 21,827 42,232 31,091 50,882 45,877 43,821 82, 331 483,764 1,178,185 80,332 164,434 196, 656 730,807 154, 014 467,974 110, 239 420,740 132,403 246,192 70,250 168,702 150,172 337,586 997,445 380, 385 1,377,830 3,714,620 1,236 2,686 2,958 6,644 6,110 2,181 11,848 468 1,607 5,097 6,811 14,120 30,138 5,249 2,530 2,159 588 5,177 6,333 9,497 17,078 36,782 11,359 4,711 14,007 1,056 6,784 7,718 15,119 26,285 90,294 18,994 9,871 45,555 2,363 10,969 35,738 71,869 107,607 227,168 65,532 8,261 681,828 3,810 30,681 498 9,700 6,231 1,886 4,343 2,850 235 706 71,763 10,147 681,828 8,153 33,531 733 10,406 115,336 31,364 1,087,897 23,722 121,184 2,353 26,981 800,310 16,251 816,561 1,408,837 2,500 21,390 8,773 25,812 670 7, 032 928 9,825 3,070 28,422 9,701 35,637 4,400 112,929 35,368 438,987 76,830 591,684 68,475 18,355 24, 528 13, 555,433 868,152 14,423,585 24,342,888 108 REPORT OF THE COMPTROLLER OF THE CURRENCY National banks The assets and liabilities of all reporting national banks June 30, 1929 to 1933, are shown in the following statement: Assets and liabilities of all reporting national banks on or about June 80, 1929-33 [In thousands of dollars] 1929, 7,536 banks 1930, 7,252 banks 1931, 6,805 banks 1932, 6,150 banks 1933S 4,902 banks l Loans and discounts (including rediscounts) 14,801,130 Overdrafts 10,193 Investments 6,656,535 Banking house, furniture and fixtures 747,684 Real estate owned other than banking house. 118,839 Cash in vault 298,003 Reserve with Federal Reserve banks or 1,344,951 other reserve agents . Due from banks 1,854,187 Exchanges for clearing house and other cash 785,006 items.Other assets 823,700 14,887,752 9,452 6,888,171 787,750 124,584 342,507 13,177,485 7,790 7,674,837 795,866 125,681 368,589 10,281,676 4,701 7,196,652 760,057 143,585 338,404 8,116,972 2,800 7,371,631 641,694 132,187 288,478 1,421,676 2,353,669 1,418,096 2,354,145 1,150,575 1,569,723 1,412,127 1,935,922 1,297,487 1,003,491 854,365 865,844 427,159 495,179 482,419 476,261 27,440,228 29,116,539 27,642,698 22,367,711 20,860,491 Demand deposits Time deposits (including postal savings) United States deposits Due to banks Certified and cashiers' checks and cash letters of credit and travelers' checks outstanding 10,504,268 8,317,095 228,243 2,175,932 10,926,201 8,752,571 171,964 2,679,821 10,105,885 8,579,590 235,226 2,746,412 7,940,653 7,265,640 213,287 1,800,217 7,894,127 6,216,917 449,661 1,969,891 372,550 738,327 531,127 241,116 243,519 Total deposits National-bank circulation Bills payable and rediscounts... Agreements to repurchase securities sold Acceptances executed for customers Interest, taxes, and other expenses accrued and unpaid Other liabilities _ Capital stock Surplus. Undivided profits—net Reserves for contingencies 21,598,088 28,268,884 22,198,240 639,304 652,339 649,452 153,533 229,033 714, 507 10,266 8,173 49,660 442,235 511,007 392,623 Total LIABILITIES Total 73,968 287,167 1,627,375 1,479,052 487,504 8 80,832 17,460,913 16,774, H5 652,168 730,435 506,890 117,855 39,535 9,223 279,220 229,304 62,881 380, 509 1,687,663 1,493,876 443,592 2 130,599 49,439 99,698 1,568,983 1, 259,425 302,521 2 148,919 41,617 101,388 1,515,647 940,598 235,600 164,709 27,440, 228 29,116, 539 27,642,698 22,367,711 20,860,491 79,129 391,826 1,743,974 1, 591,339 545,873 s 94,962 1 Licensed banks, i.e., those operating on an unrestricted basis. * Includes reserves for dividends. Banks other than national Through the cooperation and courtesy of officials of banking departments of the various States, Alaska, and insular possessions, the comptroller is enabled to present in this report, as required by section 333, United States Revised Statutes, statistics in relation to each class of reporting banks other than national. Officials of State banking departments and number of each class of licensed banks under their supervision in June 1938, from which reports of condition were received Banks Names of officials Location Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut _ Total New England States New York. New Jersey Pennsylvania Delaware Maryland District of Columbia Total Eastern States Thomas A. Cooper Willard D. Rand Robert C. Clark _ Arthur L. Guy_.. ____... Latimer W. Ballou Walter Perry _ .. Joseph A. Broderick William H. Kelly William D. Gordon Harold W. Horsey John J. Ghingher .. M. E. Bristow W C Given Gurney P. Hood E. P. Miller R E Gormley J. M. Lee . . H. H. Montgomery J. S. Love J. S. Brock E. C. Brand Marion Wasson James R. Dorman D. D. Robertson Ohio Indiana Illinois Michigan Wisconsin. I. J. Fulton Richard A. McKiniey. Edward J. Barrett R. E. Reichert. A. C. Kingston - - Bank commissioner State Loan and (com- trust com- Stock mercial) panies savings __ _ _. 24 do Commissioner of banking and insurance Commissioner of banks Bank commissioner State bank commissioner „ Superintendent of banks Commissioner of banking and insurance.. Secretary of banking . State bank commissioner do. Commissioner of insurance and banking Commissioner of banking Commissioner of banks Chief bank examiner Superintendent of banks Comptroller State of Florida _ Superintendent of banks.. do State bank commissioner Commissioner, department of banking... Commissioner, State banking department Banking and securities commissioner Superintendent of banks Superintendent of banks Director, department of financial institutions Auditor of public accounts. Commissioner, State banking department Commissioner of banking 32 50 6 56 64 52 270 23 153 237 376 5 618 135 139 14 4 12 455 184 400 32 90 12 184 30 1,173 1 5 7 414 537 8 383 255 606 215 307 Total 19 191 9 75 125 233 25 14 2,514 Private 14 33 79 14 73 167 29 147 5 66 205 106 128 89 224 79 135 189 117 493 149 335 265 Mutual savings 25 8 2 10 21 19 2 14 205 106 128 89 245 98 137 189 117 507 149 oor 265 19 2 71 11 8 35 2,570 3 4 23 58 2 co ! Virginia West Virginia North Carolina ,. South GeorgiaCarolina Florida Alabama Mississippi Louisiana Texas... Arkansas Kentucky Tennessee— Total Southern States.. Titles 409 388 606 245 317 3 Officials of State banking departments and number of each class of licensed banks under their supervision in June 1933, from which reports of condition were received—Continued Banks Location Names of officials Minnesota ___ _ Iowa Missouri.. _ Total Middle Western States North Dakota.. South Dakota.. Nebraska.. Kansas . Montana Wyoming Colorado _ New Mexico Oklahoma Total Western States Washington Oregon __ California Idaho Utah Nevada _ Arizona Total Pacific States Alaska The Territory of Hawaii Puerto Rico Philippines Total possessions Total United States and possessions Elmer A. Benson.. D. W. Bates 0. H. Moberly Titles Loan and Stock State (com- trust com- savings mercial) panies Commissioner of banks Superintendent, department of banking OoTTiTnissinne'' of financft St.ato bank p,Yftminp>r Gilbert Semingson D. A. McCullough Superintendent of banks E.H. Luikart Superintendent, department of banking H. W. Koeneke — Bank commissioner Frank H. Jdhnson Superintendent of banks A. E. Wilde State examiner Grant McFerson State bank commissioner John Bingham State bank examiner W. J. Barnett.—.. Bank corn missi oner Howard H. Hansen A. A. Schramm Edward Rainey Ben Diefendorf J. A. Malia E. J. Seaborn Y. C. White W G Smith E. S. Smith Supervisor of banking . . Superintendent of banks do O(YmmiKsinnpr offinan no RtatA bank nnmTm'Rsinnp.r State bank examiner Superintendent of banks Secretary, Territorial banking board Bank examiner Treasurer Insular treasurer _. _ Mutual savings 2 451 134 502 11 5 60 193 2,853 166 196 124 143 252 559 78 39 76 19 188 2 6 11 Private 13 1 464 345 563 111 3,337 3 3 13 3 3 Total 126 149 255 575 78 39 76 19 188 1,505 1,478 21 113 49 124 62 50 5 9 4 2 29 6 3 2 412 38 10 11 7 14 11 11 11 18 14 11 43 11 54 7,714 1,029 3 1 1 120 52 160 62 55 5 11 5 465 2 219 576 184 9,722 REPORT OF THE COMPTROLLER OF THE CURRENCY 111 The assets and liabilities of all reporting banks other than national June 30, 1929 to 1933, are shown in the following statement: Assets and liabilities of all reporting banks other than national on or about June 30, 1929-83 [In thousands of dollars] 1929 (17,794 1930 (16,827 1931 (15,266 1932 (13,013 1933 (9,722 banks) banks) banks) banks) banks)i ASSETS Loans and discounts (including rediscounts) -.Overdrafts _.___.___ Investments -. Banking house, furniture and fixtures Real estate owned other than banking house Cash in vault Reserve with Federal Reserve banks or other reserve agents Due from banks Exchanges for clearing house and other cash items Other assets Total _-. 26,575,139 46,664 10, 692,203 1,006,770 25,572,918 39,986 11,056, 557 1,022,607 21,987,365 37,860 12,385, 316 1,012,388 17,792,964 10,512 11,026,589 921,932 14,280,399 7,647 10,559,032 741,137 271,977 521,925 300,567 523,463 320,807 515,738 383,165 453,223 505,459 384,078 1,847, 249 1,713,338 2, 011,426 1,640,656 1,984,093 1,779,575 1, 524,366 1,350,369 1,349,818 1,294,189 906,766 1,150, 246 1, 587,148 1,148,257 1,092,344 1,450,965 553,898 860,402 617,754 721,904 44, 732,277 44, 903, 585 42,566,451 34,877,420 30,441,417 13,845,896 20,470,522 57,869 1,453, 265 13,172,315 20, 712,790 41,758 1,657,299 11, 220, 325 20, 579, 771 212,963 2,082,329 8,464, 926 17,508,749 211,038 1,411,893 7,364,638 15,200,894 410,738 1,346,319 464,880 20,121 876,950 117,199 551,876 19, 240 324, 750 8,000 409, 750 27,016 916,196 5,863 57, 294 36,578,311 436,784 39.505 74; 962 84,666,504 304,087 302,069 496,172 27, 929, 356 741,890 9,078 249,090 24,759,855 386,028 17, 576 212, 509 1,378, 781 2,169,603 3,132, 646 609,882 2 80, 651 43,608 1,425,065 2,145,445 3, 377, 660 608,931 2173, 314 34,958 687, 312 1,982,335 3, 298,975 566, 536 2 227, 503 27,832 661,521 1, 748,881 2, 798, 645 414,077 2 297,050 34,683 502, 532 1,383,894 2,430, 723 410,646 303,471 44, 732,277 44,903,585 42,566,451 34,877,420 30,441,417 LIABILITIES Demand deposits Time deposits (including postal savings)—. United States deposits Due to banks Certified and cashiers' checks and cash letters of credit and travelers' checks outstanding Deposits not classified Total deposits Bills payable and rediscounts Agreements to repurchase securities sold... Acceptances executed for customers Interest, taxes, and other expenses accrued and unpaid Other liabilities Capital stock __ Surplus _. Undivided profits, net . Reserves for contingencies Total ._.. >6,312,553 1 Licensed banks; i.e., those operating on an unrestricted basis. 2 Includes reserves for dividends. 112 REPORT OF THE COMPTROLLER OF THE CURRENCY The assets and liabilities of State (commercial) banks June 30, 1929 to 1933, are shown in the following statement: Assets and liabilities of State (commercial) banks, June 1929 to 1983 [In thousands of dollars] 1929— 14,437 banks Loans and discounts (including rediscounts). 10,361,723 Overdrafts. _ 38,016 Investments.. 3,084,672 Banking house, furniture and fixtures 464,469 Real estate owned other than banking house. 152, 629 313,997 Cash in vault Reserve with Federal Reserve banks or other 866,173 reserve agents Due from banks 903,315 Exchanges for clearing house and other cash items _ Other assets _ 340,462 Total-. 16,824,315 1930— 13,582 banks 1931— 12,259 banks 193210,455 banks 1933— 7,714 banks* 9, 216,468 33,918 2,947, 712 436, 235 145,012 294,852 7, 270,126 32, 210 2,937, 642 401,035 134,412 274,922 848,129 817,049 814,368 790,273 541,297 541,533 458,227 440,261 188,341 342,186 130,069 325, 070 73,504 238,052 138,185 172,296 15, 269,902 13,110,127 5,130, 709 3,117,862 4,490 2,950 2,266,923 1,709,582 323,544 220,451 133, 274 109,018 225,472 183,310 9,478,798 6, 552,142 LIABILITIES Demand deposits. Time deposits (including postal savings) United States deposits Due to banks —_ Certified and cashiers' checks and cash letters of credit and travelers' checks outstanding Deposits not classified Total deposits.. Bills payable and rediscounts Agreements to repurchase securities sold Acceptances executed for customers Interest, taxes, and other expenses accrued and unpaid. Other liabilities _. Capital stock Surplus Undivided profits—net Reserves for contingencies _ Total. 6,515,263 6,298,456 7,310 649,980 5,636,021 5,953,921 4,269 647,985 104,715 113,219 70, 772 5,538 2,742 13,586,970 12,885,792 10,641,443 249, 083 454, 842 180, 357 37, 594 3,148 17,023 66, 312 44, 279 54, 073 41, 554 439, 768 1,155,878 804, 400 237,422 2 56, 054 16, 824, 315 26, 278 350,849 1,080,960 746, 812 239,420 2 86,802 15, 269, 902 1 Licensed banks; i.e., those operating on an unrestricted basis. 2 Includes reserves for dividends. 4,581,490 5, 274,952 86,165 622, 526 25, 693 278,682 956, 206 665, 752 200,992 2 89,906 13,110,127 3,076, 752 2,424,214 3, 569, 752 2,140,489 81,083 91, 299 378, 393 291,788 43, 663 4,461 85, 779 5,638 7,154,104 5,089,207 467,081 7,078 36, 720 229,231 12, 776 24, 620 20, 633 237,453 805, 332 526,841 127, 382 2 96,174 9,948 165,915 554, 517 337,280 90,925 87,723 9,478, 798 6, 552,142 113 REPORT OF THE COMPTROLLER OF THE CURRENCY The assets and liabilities of loan and trust companies June 30, 1929 to 1933, are shown in the following statement: Assets and liabilities of loan and trust companies, June 1929 to 1983 [In thousands of dollars] 1929—1,608 1930—1,564 1931—1,469 1932—1,235 1933—1,029 banks banks banks banks * banks ASSETS Loans and discounts (including rediscounts). 9,311,879 Overdrafts 7,585 Investments 3,421,673 Banking house, furniture and fixtures 385,112 Real estate owned other than banking house. 68,221 Cash in vault _. 156,580 Reserve with Federal Reserve banks or 923,415 other reserve agents _ Due from banks 553,577 Exchanges for clearing house and other cash 594,823 items.. Other assets 732,310 9,475,936 5,585 3,835, 746 428,889 83,188 176,126 7,860,418 5,272 4,* 589, 659 452, 270 96, 218 186,193 5,901,338 5,796 4, 202, 012 434,935 98,121 156, 397 4, 733,809 4,572 4,426, 941 362, 557 119, 772 126,050 1,045,843 531,883 1,058, 734 615,469 891,902 427,646 798,999 503,758 1,392,996 726, 468 957,102 1,039, 655 475,819 524,864 476,014 443,868 16,155,175 17, 702, 660 16,860,990 13,118,830 11,996,340 6,956,032 3,989, 532 44,134 792,134 7, 363, 000 4, 248,970 34,677 1,001,867 6,493, 383 4,157,143 122,992 1,452, 777 5, 285,355 2,988, 301 127, 256 1,028,976 4,874,481 2,588,093 311,073 1,052,085 350,881 13,985 771, 207 76,929 480, 631 13,106 280, 601 3,511 323,601 18,587 12,lJfi,698 Total deposits --. Bills payable and rediscounts 437,992 Agreements to repurchase securities sold 2,669 Acceptances executed for customers 12,942 Interest, taxes, and other expenses accrued 24,394 and unpaid 916,053 Other liabilities Capital stock 941, 333 Surplus _. 1,454, 504 Undivided profits—net 208, 632 Reserves for contingencies 2 9,958 13, 496,650 172, 500 1,910 8,628 12,720,032 109, 631 285,046 442, 099 9,714,000 238, 984 2,000 212, 367 9,167,920 134,296 4,800 187,889 16,141 1,057, 788 995, 555 1, 684,184 200,102 2 69, 202 7,113 394, 312 967, 432 1, 620, 525 186,896 2 127,904 5,877 394, 716 894, 056 1, 343,982 123, 761 2 189,087 21,055 307,975 793, 651 1,009, 604 168,814 200, 336 17, 702, 660 16,860,990 13,118,830 11,996,340 Total LIABILITIES Demand deposits Time deposits (including postal savings) United States deposits Due to banks Certified and treasurers' checks and cash letters of credit and travelers' checks outstanding Deposits not classified _ Total 16,155,175 1 Licensed banks; i.e., those operating on an unrestricted basis. 2 Includes reserves for dividends. 114 REPORT OF THE COMPTROLLER OF THE CURRENCY The assets and liabilities of stock savings banks June 30, 1929 to 1933, are shown in the following statement: Assets and liabilities of stock savings banks, June 1929 to 1988 [In thousands of dollars] 1931—654 banks 1932—502 banks 1933—219 banksl 919,318 187 378,933 41,105 21,799 16,018 761, 320 165 365,912 32, 753 21,444 14, 738 591,998 93 350,573 26, 733 21,735 14,175 444,942 16 309,347 18,689 20,250 10,655 93,960 89, 247 46,925 75,846 44, 695 54,359 26,731 45,794 25,305 6,060 2,003 3,513 4,064 3,095 1,433 2,018 1,817 2,168 1,713 1, 589,845 1,521,109 1,321,401 1,090,232 878,879 219, 770 Demand deposits 1,230, 228 Time deposits (including postal savings) 5, 381 United States deposits 8,107 Due to banks .-..-. Certified and cashiers' checks and cash letters 372 of credit and travelers' checks outstanding. 165 Deposits not classified 128,304 1,260,852 2,812 6,308 114,195 1,085,008 3,806 6,175 80,406 893,898 2,699 4,265 43,756 751,607 8,366 2,268 640 18 349 566 291 2 212 Total deposits . Bills payable and rediscounts,. Acceptances executed for customers Interest, taxes, and other expenses accrued and unpaid Other liabilities Capital stock.. Surplus Undivided profits—net Reserves for contingencies 464,023 5,336 54 1,398,934 1,210,099 4,223 981,659 17,113 5,412 1,570 1,176 62,487 40, 513 13,624 2 1,062 521 1,201 60,336 40,666 13,320 2 2,086 457 975 51,855 39,399 11,980 2 2,413 705 722 43,964 33,772 8,861 2 3,536 446 718 30,863 26,144 5,363 3,724 1, 589,845 1, 521,109 1,321,401 1,090,232 878,879 Loans and discounts (including rediscounts). Overdrafts— _ Investments.. Banking house, furniture and fixtures Real estate ownedot her than banking house.. Cash in vault .... Reserve with Federal Reserve banks or other reserve agents Due from banks Exchanges for clearing house and other cash items. Other assets Total- 1929—747 banks 1930—714 1,006,325 230 382, 262 43,502 21, 270 17, 345 banks LIABILITIES Total.. 1 8 4,045 Licensed banks; i.e., those operating on an unrestricted basis. Includes reserves for dividends. Number of stock savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June 80, 1982 and 1988 1933 1932 Location New Jersey District of Columbia. Total Eastern States Florida Alabama Total Southern States Michigan Iowa Total Middle Western States Nebraska Oregon California Utah Nevada Arizona Total Pacific States Total United States. 1 Number of banks Depositors 1 Deposits 2 Average rate of interest paid Percent 3.50 3.50 Number of banks 3 Depositors 1 Deposits 2 Average due each depositor $26,344,000 7,717,000 $661.88 189.65 8 80,492 34,061,000 423.16 2 4100,000 2,219, 000 22.19 2 100,000 2,219,000 22.19 3 193 18,112 97, 465 12,393,000 44,342,000 684.24 454.95 196 115, 577 56, 735,000 490.88 3 3,595 1,017,000 282.89 3.00 1,016, 616 «592,474,000 15, 207,000 50,426 582. 79 301.57 3.50 3.00 3,876,000 327.12 3.00 611, 557,000 566.84 $26,252,000 22,236,000 $661.08 164. 47 23 174,909 48,488, 000 277. 22 1 4 4 2, 419 61, 000 541, 000 3, 358, 000 223. 65 55.05 5 63,419 3,899,000 61.48 3 451 18, 708 265,906 12,853,000 106, 714,000 687. 03 401. 32 454 284, 614 119, 567,000 420.10 5 6,880 1,416,000 205. 81 3.00 1 11 2 1 1,200 1,034,771 48,164 3,780 416,000 5 639, 393,000 15, 786,000 3, 571,000 346. 617. 327. 944. 3.00 3.75 4.00 4.00 6 2 2 11, 849 15 1, 087,915 659,166,000 605. 90 10 1, 078,891 502 1, 617,737 832, 536,000 514. 63 219 1, 378, 555 705, 589, 000 511.83 07 91 76 71 3.50 3.75 Percent 3.50 3.50 39,802 40,690 39, 711 135,198 3.50 4.00 Average rate of interest paid 1 7 1 22 Represents number of savings pass-book accounts. Represents deposits evidenced by savings pass books and time certificates of deposit. Licensed banks; i.e., those operating on an unrestricted basis. * Estimated. * Includes savings of departmental banks. 32 Average due each depositor 4.00 o 3.00 3.00 o 116 REPORT OF THE COMPTROLLER OF THE CURRENCY The assets and liabilities of mutual savings banks June 30, 1929 to 1933, are shown in the following statement: Assets and liabilities of mutual savings hanks, June 1929 to 1983 [In thousands of dollars] 1929— 611 banks 1930— 606 banks 1931— 600 banks 1932— 594 banks 5,801,489 5,896, 023 2 3,872,417 113,162 6,051,133 4,475,169 123, 373 6,140,556 2 4,194,572 134,442 5,941,048 3,775,770 110, 269 23,059 31,495 35,986 150,137 44, 243 34,404 25,856 234,713 65,432 38, 22933, 566 320,619 127, 538 55,994 35,646 349,158 253,482 62,781 45,419 319,100 5,946 72,301 1,779 72,709 1,852 82,415 2,436 1,240 102,645 10,006,452 10,295,308 11,191,788 11,134,142 10,967,143 98,473 8,903,126 182 10,305 9, 205, 258 173 3,718 10, 031,124 453 3,351 10,035,423 92 3,132 9,709,861 113 46 1,519 152 36 152 126 20 9,003, Slfi 1,366 9,215,888 673 10,035,331 4,528 10,039,018 17,477 9,713,252 16,271 147, 725 213,527 9,458 898, 871 154,623 215,157 1,661 9,557 968,121 165,417 2 7,173 604 25,661 890,026 153,222 2 8,134 3,158 24,706 1,054,370 144,687 10,006,452 10,295,308 11,191,788 11,134,142 10,967,143 1933— 576 banks1 ASSETS Loans and discounts (including rediscounts). Overdrafts. Investments — Banking house, furniture and fixtures Heal estate owned other than banking house.. -Cash in vault _.Reserve with reserve agents Due from banks Exchanges for clearing house and other cash items _ Other assets Total. 4,103,176 138,252 LIABILITIES Demand deposits Time deposits (including postal savings)—. Due to banks __•_.. Certified and cashiers' checks, cash letters of credit and travelers' checks outstanding _ _. Deposits not classified Total deposits.... Bills payable and rediscounts Interest, taxes, and other expenses accrued and unpaid Other liabilities Surplus Undivided profits—net Reserves for contingencies Total.. 1 1,229 15,566 Licensed banks; i.e., those operating on an unrestricted basis, together with banks having limitations onJ deposit withdrawals in Maine, New Hampshire, Vermont, Massachusetts, and New York. Includes reserves for dividends. Number of mutual savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June 80, 1982 and 1938 1933 1932 Location Number Depositors1 of banks Maine _ New Hampshire _ Vermont Massachusetts Rhode Island Connecticut Total New England States New York New Jersey 6 _ Pennsylvania Delaware Maryland __Total Eastern States Ohio . —_ Indiana Wisconsin Minnesota Total Middle Western States Washington California Total Pacific States Total United States 21 - .- * _ _ Average due each depositor Average rate of in- Number3 Depositors* terest paid of banks Percent 4.00 4.00 3.75 4.74 4.34 4.63 $118, 763,000 * 197, 656,000 82,437,000 2,089,101,000 172. 626, 000 668, 847, 000 $530.86 642.93 703. 23 733. 38 902. 21 733. 47 379 223,718 307,428 117, 226 2,848, 601 191, 336 911,897 4, 600, 206 3, 329, 430, 000 723. 76 146 25 8 2 14 5,867,718 568,125 629, 928 49,091 340, 778 5, 286,973,000 309, 336, 000 506,830. 000 27, 779,000 216,195,000 4.00 3.82 3.77 4.50 3.50 195 7, 455, 640 6,347,113,000 901. 03 544. 49 804. 58 565.87 634. 42 851. 32 3 5 6 2 146,605 7 31, 743 15, 420 100, 509 113, 295, 000 19,381,000 6,063, 000 62,680,000 772. 79 610. 56 393.19 623. 63 4.00 4.00 3.00 3.50 16 294, 277 201,419,000 684. 45 32 50 19 194 9 75 ..- Deposits 2 Deposits 2 Average due each depositor 32 50 19 191 9 75 218, 245 265, 655 122, 279 2,806, 667 187, 296 907,152 $117,049,000 5 175, 737,000 77,879, 000 2,042, 624,000 170,675,000 652,109,000 378 4, 507, 294 3, 236,073,000 717.96 139 25 8 2 10 184 6, 272, 371 487, 536 630,347 48, 307 299, 345 5,134,980,000 304,374,000 500,204, 000 27,817,000 176,184,000 818. 67 624.31 793.54 575.84 588. 57 7, 737, 906 6,143, 559,000 793.96 3 4 2 2 11 146, 670 ? 26, 935 3,902 ? 92, 512 107, 705,000 16,446,000 1,878,000 57, 693,000 734.34 610.58 481. 29 623. 63 270,019 183, 722,000 680. 40 3 99, 285 53, 026, 000 534. 08 4.00 3 97,101 1 4 72, 342 90,864, 566 3.50 143, 890,000 1 5 71,281 171, 627 1, 256. 03 838. 39 168,569 594 12, 521, 750 10,021, 852,000 800. 36 576 12, 683, 788 -j 107 46,767,000 $536.32 661.52 636.90 727. 77 911. 26 718.85 481.63 34 nc\c\ 181 539 89,354,000 136,155,000 1,253.55 807. 71 9, 699,509,000 764. 72 Average rate of interest paid Percent 3.75 3.63 3.00 4.74 4.01 4.13 3 o 3.50 3.48 3.77 4.50 3.00 3.00 3.00 3.00 3.50 4.00 o F F O W 3.50 Represents number of savings pass-book accounts. Represents deposits evidenced by savings pass books and time certificates of deposit. 3 Licensed banks; i.e., those operating on an unrestricted basis, together with banks having limitations on deposit withdrawals in Maine, New Hampshire, Vermont, MassEichusetts, arid New York. 4 Includes savings of 10 trust companies and 10 guaranty savings banks. * Includes business of 10 guaranty savings banks. *7 Includes returns from 1 stock savings bank. Estimated O 3 118 REPORT OF THE COMPTROLLER OF THE CURRENCY Number of savings banks (mutual and stock) in the United States, number of savings depositors, amount of sayings deposits, and average amount due each depositor June 30, 1914 to 1983, inclusive 1 [For prior years, see annual report for 1920, vol. 1, pp. 236-242] Year 1914—Mutual savings banks.. Stock savings banks 1915—Mutual savings banks.. Stock savings banks 1916—Mutual savings banks.. Stock savings banks 1917—Mutual savings banks.. Stock savings b a n k s . . . 1918—Mutual savings banks _ Stock savings banks 1919—Mutual savings banks.. Stock savings banks 1920—Mutual savings banks.. Stock savings banks 1921—Mutual savings banks . Stock savings banks *.. 1922—Mutual savings banks_ Stock savings banks 1923—Mutual savings banks . Stock savings banks 1924—Mutual savings banks_ Stock savings banks 1925—Mutual savings banks_ Stock savings banks 1926—Mutual savings banks. Stock savings banks 1927—Mutual savings banks Stock savings banks 1928—Mutual savings banks. Stock savings banks 1929—Mutual savings banksStock savings banks 1930—Mutual savings banks. Stock savings banks 1931—Mutual savings banksStock savings banks 1932!—Mutual savings banks _ Stock savings banks 1933—Mutual savings banks. Stock savings banks Banks 634 1,466 630 1,529 622 1,242 622 1,185 625 1,194 622 1,097 620 1,087 623 1,084 619 1,066 618 1,029 613 990 611 972 620 904 618 843 616 791 611 747 606 714 600 654 594 502 576 219 Depositors ! 8,274,418 2,228,020 8,305, 562 2,380,496 8,590,746 2,297,911 8,935,055 2,431,958 9,011,464 2,368,089 8,948,808 2,486,073 9,445, 327 1,982,229 9,619, 260 2,464,265 9,665,861 2,883,136 10,057,436 3,282,897 10,409,776 3,562,017 10,616,215 4,040,312 11,053,886 4,107,913 11,337,398 3,476,873 11,732,143 3,272,415 11,748,085 2,295, 529 11,895,075 2,207, 519 12,356,114 1,918, 578 12, 521,750 1,617,737 12, 683, 788 1,378, 555 Deposits 8 $3, 915,143,400 835,448,768 3,946,069,043 856,546,005 4,135, 552,045 854,235,985 4,340,805,483 960,742, 593 4,344,166,606 1,006,406,927 4, 723,629,000 1,128,331,000 5,172,348,000 1,319,654,000 5,395, 552,000 1,363,451,000 5,686,720,000 1,384,004,000 6,282,618,000 1,428,883,000 6,686,366,000 1, 543, 245,000 7,139,510,000 1,790,514,000 7,558,668,000 1,746,642,000 8,054,868,000 1,453,035,000 8,665, 592,000 1,338,011,000 8,890,790,000 1,227,035,000 9,190,969,000 1,166,192,000 10,017, 225,000 1,022,085,000 10,021, 852,000 832, 536,000 9, 699, 509,000 705, 589,000 Average due each depositor $473.16 374. 97 475.11 359.82 481.40 371.74 485. 82 395.05 482.07 424. 98 527.85 453.86 547. 61 665. 74 560. 91 553.29 588.94 480.03 624.67 435. 25 642.32 433. 25 672. 51 443.16 683. 80 425.19 710.47 417.91 738.62 408.88 756.79 534. 53 772.67 528. 28 810.71 532. 73 800.36 514.63 764. 72 511.83 * Revised. 2 Represents number of savings pass-book accounts. s Represents deposits evidenced by savings pass-books and time certificates of deposit. 4 Includes estimated returns of 106 banks in California. (See p . 141, Comptroller's Report for 1921.) KEPORT OF THE COMPTROLLER OF THE CURRENCY 119 The assets and liabilities of private banks June 30, 1929 to 1933, are shown in the following statement: Assets and liabilities of private banks, June 1929 to 1933 [In thousands of dollars] 1920—391 1930-361 1931—284 1932—227 1933—184 banks banks banks banks 1 banks ASSETS Loans and discounts (including rediscounts) Overdrafts Investments Banking house, furniture and fixtures Real estate owned other than banking house Cash in vault.. Reserve with reserve agents Due from banks -. Exchanges for clearing house and other cash items Other assets Total.. 93,723 833 27,826 3,418 6,798 2, 508 4,787 12, 349 1,078 3,170 65,173 294 21,749 3, 216 6,325 2,063 2,351 10,086 519 2,830 44, 368 213 16, 934 2,957 3,301 1,656 1,579 8,519 226 2,392 28,363 131 12,509 2,278 2,497 1,185 1,162 5,301 121 1,871 22, 738 109 9,986 1,188 2,937 1,282 1,379 5,765 147 1,382 156,490 114,606 82,145 55, 418 46,913 Demand deposits -.. Time deposits (including postal savings) United States deposits Due to banks Certified and cashiers' checks and cash letters of credit and travelers' checks outstanding Deposits not classified 56, 358 49,180 ,044 2, 882 34,685 43,789 966 27, 539 31, 544 19,062 21, 377 19,055 10, 844 65 382 1,710 236 1,371 Total deposits _ Bills payable and rediscounts Agreements to repurchase securities sold Acceptances executed for customers Interest, taxes, and other expenses accrued and unpaid Other liabilities Capital stock Surplus -. Undivided profits—net Reserves for contingencies 111,516 16, 660 46 19 81,047 10, 483 1 22 59,599 5, 348 40, 675 1,235 82,767 818 61 6,218 9,905 9,536 2,479 2 50 30 5,769 8,594 7,127 1,466 2 67 34 3S786 6,842 5V178 1,251 2 107 13 2,969 5,529 4,024 851 2 119 76 3,218 4,863 3,325 857 156,490 114, 606 82,145 55, 418 46,913 LIABILITIES Total.. i Licensed banks; i.e., those operating on an unrestricted basis. Includes reserves for dividends. 3 31460°—34 167 32 2,771 30 120 REPORT OF THE COMPTROLLER OF THE CURRENCY BANKS IN THE DISTRICT OF COLUMBIA The statement following shows the amount of assets and liabilities of licensed banks in the District of Columbia, by classes, on June 30, 1933: Statement of assets and liabilities of licensed banks in the District of Columbia, by classes, June 30, 1933 [In thousands of dollars] Number of ba/nlcs Trust companies Savings and State banks Total all banks National banks 20 8 1,021 1,021 292 46 292 25 2,000 48 33,097 2,000 15,712 48 14,795 73 23,655 28, 898 89,030 73 2,487 19, 765 41,375 18,247 4,540 87, 630 10, on 27 14 12 1 48,122 11,834 2,095 20 62, 071 37,696 7,988 886 9, 714 3,759 1,209 712 87 46,670 14,682 4,322 4,276 5,894 6,005 697 3,787 1, 581 96 2,309 1,425 2,446 2,406 409 303 1,008 5 1,775 2,532 2,935 3,014 288 3,089 573 91 238 319 513 585 424 184 159 81 847 357 27,929 416 10,911 14,813 74 2,205 11 15, 821 4,924 16,970 11 6,283 1,002 11,038 8,295 3,692 5,932 1,243 230 12 10 9,956 9,978 9 4 5,854 5,867 1 3,538 8,539 2 6 564 672 2,701 22, 735 3,954 2,318 13,401 2,519 383 7,656 1,098 1,678 337 2 90 2 29,482 18,240 2 86 9,226 2,017 553 221 677 257, 694 355 221 152 180 18 500 25 142,039 98,500 17,155 5 7 ASSETS Loans and discounts: Commercial paper bought in open market Loans to banks and trust companies: On securities All other _.. . . _ Loans on securities, exclusive of loans to banks: To brokers and dealers in New York City To brokers and dealers elsewhere To others . Real estate loans, mortgages, deeds of trust, and other liens on real estate: On farm land On other real estate All other loans.. Total Overdrafts . . United States Government securities: Bonds (including bonds deposited to secure circulation) Treasury notes.Certificates of indebtedness Treasury bills __ _. Total Other bonds, stocks, and securities, etc.: Domestic securities: State, county, and municipal bonds Railroad bonds Other public service corporation bonds All other bonds Reserve bank __ _ Stock of Federal Stock of other corporations Collateral trust and other corporation notes All other, including claims, judgments, etc Foreign securities: Government bonds Other foreign securities, including bonds of municipalities, etc .._ _._ Total. Customers' liability account of acceptances Banking house, furniture and banking fixtures .house Real estate owned other than Reserve with Federal Reserve banks Cash: United States gold coin „ . Gold certificates _. All other cash in vault . Total Due from banks: Items with Federal Reserve bank in process of collection... Due from banks and trust companies in the United States. - Exchanges for clearing house and other checks on local banks. Balances payable in dollars due from foreign branches of other American banks Due from banks and bankers in foreign countries Total Outside checks and other cash items Redemption fund and due from United States Treasurer Other assets Total - - - 21 2,590 2,821 4,593 20 819 395 2 REPORT OF THE COMPTROLLER OF THE CURRENCY 121 Statement of assets and liabilities of licensed banks in the District of Columbia, by classes, June SO, 1938—Continued [In thousands of dollars] Total all National banks banks Trust companies Savings and State banks LIABILITIES Demand deposits: Individual deposits subject to check Certificates of deposit _ Public funds of States, counties, school districts, or other subdivisions or municipalities Other demand deposits _ Total.. Time deposits, including postal savings: Public funds of States, counties, school districts, or other subdivisions or municipalities Deposits of other banks and trust companies located in United States Other time deposits: Deposits evidenced by savings passbooks Certificates of deposit ~_ .. Christmas savings and similar accounts _ Open accounts Postal savings deposits Total.... • United States Government deposits Due to banks, including certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding: Due to Federal Reserve bank (deferred credits) Due to other banks and trust companies in United States.. Due to banks in foreign countries _ Certified and cashiers' checks, including dividend checks, outstanding -• Letters of credit and travelers' checks sold for cash and outstanding. • 103,953 655 58,001 529 41 41 4,337 590 109,587 62,908 41,681 5,048 500 500 29,379 2,176 677 7,094 623 32,232 9,396 4,S Total deposits.. National-bank notes outstanding Agreements to repurchase United States Government or other securities sold • Bills payable and rediscounts: Advances received on reporting banks' own promissory notes: From Federal Reserve bank From all other sources— _ Rediscounts: Notes and bills rediscounted, including notes and bills sold under repurchase agreement or with recourse to reporting banks: With Federal Reserve banks _ Another Total.. Acceptances executed by other banks for account of reporting banks _ Interest, taxes, and other expenses accrued and unpaid Other liabilities Capital stock _ Surplus.._ Undivided profits—net Reserves for contingencies Total. 4,933 104 65 40 70,367 5,247 1,912 3,052 2,594 83,737 33,894 2,448 626 2,434 2,168 49,110 2,360 2,329 1,668 13,671 1,521 11,628 191 147 2,017 42 26 1,040 494 47 233 1,581 25 426 31 38 46 17,199 Total 41,019 22 212,883 1*1,765 4,413 4,413 87 87 2,708 73 76,571 14,547 205 205 25 25 230 230 17,350 13,765 4,785 2,578 257,694 11 262 99 6,950 5,100 2,549 142,039 802 9,400 7,700 2,033 1,688 121 2 1,000 965 203 87 98,500 17,155 122 REPORT OF THE COMPTROLLER OF THE CURRENCY The assets and liabilities of banks in the District of Columbia June 30, 1929 to 1933, are shown in the following statements: Assets and liabilities of national banks in the District of Columbia June 30, 1929-83 [In thousands of dollars] 1929—12 banks 1930—12 banks 1931—12 banks 1932—12 banks 95,156 35 23,207 12,489 88,658 27 23,852 12, 779 10,428 1,436 9,307 2,799 16,477 10, 740 1,551 9,508 2,879 19,904 470 81,282 20 31,633 19,691 15 11,147 2,268 9,907 4,854 25,194 528 71,202 23 41,046 19,414 39 11,309 2,950 9,796 4,217 16, 371 542 41,375 14 46, 570 10,911 11 6,283 1,002 11,038 5,867 18,240 355 247 1,140 496 243 335 1,948 211 680 1,360 221 570 1,3 221 173,822 172,894 188,790 179,098 142,039 75,317 46, 507 3,660 13,731 71,414 53,926 1,732 14,431 75,479 62,141 1,713 18,019 66,621 64,047 1,501 14,601 62,908 42,110 2,329 14,418 189,215 4,891 141,608 4,905 167,852 4,188 146,770 4,389 121,766 4,413 195 4,715 2,053 200 1,659 200 38 3,361 87 1,140 335 15 680 39 570 1933—8 banks * ASSETS Loans and discounts, including rediscounts 3 Overdrafts ^ United States Government securities owned.. Other bonds, stocks, securities, etc., owned Customer's liability account of acceptances Banking house, furniture and fixtures Real estate owned other than banking house Reserve with Federal Reserve banks Cash in vault Due from banks Outside checks and other cash items. Redemption fund and due from United States Treasurer Securities borrowed Other assets Total.. LIABILITIES Demand deposits Time deposits, including postal savingsUnited States 3deposits ..Due to banks Total deposits _ National-bank notes outstanding Agreements to repurchase United States Government or other securities sold Bills payable and rediscounts Acceptances executed by other banks for account of reporting banks _ Securities borrowed Interest, taxes, and other expenses accrued and unpaid _.. Other liabilities Capital stock _ Surplus Undivided profits, net Reserves for contingencies Total.. 152 392 172 10, 775 8,825 2,828 *674 441 47 10, 775 8,625 2,993 * 1,017 478 50 11,175 8,725 3,296 *972 515 92 11,175 8,725 2,604 •820 262 99 6,950 5,100 2,549 803 173, 822 172,894 188,790 179,098 142,039 1 Licensed banks; i.e., those operating on an unrestricted basis. 2 Includes customers' liability under letters of credit. *4 Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding. Includes reserves for dividends. Assets and liabilities of loan and trust companies in the District of Columbia June 80, 1929-83 [Tn thousands of dollars] 1929— 7 banks 1930— 6 banks 1931— 5 banks 1932— 1933— 5 banks 5 b a n k s l 66,006 34 3,307 16,184 10,043 318 56,060 14 7,004 15,136 9,994 868 46,532 19 11,990 19,013 6,991 1,300 41,318 8 13,836 17,341 8,193 2,975 1,576 12,306 400 14 434 1,565 12,819 509 2,379 12,251 370 3,671 7,518 312 397 1,326 726 500 110,622 104,366 102,171 95,898 98,500 ASSETS Loans and discounts, including rediscounts 3 Overdrafts _.. United States Government securities owned Other bonds, stocks, securities, etc., owned Banking house, furniture and fixtures Real estate owned other than banking house.._ Reserve with Federal Reserve bank Cash in vault Due from banks Outside checks and other cash items Due from United States Treasurer Other assets Total 1 Licensed banks; i.e., those operating on an unrestricted basis. 3 Includes customers' liability under letters of credit. 37,630 12 14,682 14,813 8,295 3,692 5,932 3,539 9,225 180 REPORT OF THE COMPTROLLER OF THE CURRENCY 123 and liabilities of loan and trust companies in the District of Columbia June 30, 1929-83— Continued [In thousands of dollars] 1929— 7 banks 1930— 6 banks 1931— 5 banks 1932— 5 banks 52,451 29,640 51 2,196 46,750 29,589 431 2,493 44,674 29,637 210 3,120 38,551 31,655 2 2,277 41,631 32,232 84,338 79,263 77,641 72,485 76,571 388 456 1,091 500 276 1,369 11,400 9,468 2,917 4 354 275 837 10,400 9,950 2,473 «324 291 893 9,400 9,750 2,768 *337 306 871 9,400 9,750 2,687 *399 306 802 9,400 7,700 2,033 1,688 110, 622 104, 366 102,171 95,898 98,500 1933— 5 banks LIABILITIES Demand deposits . Time deposits, including postal savings United States 3deposits Due to banks Total deposits Agreements to repurchase United States Government or other securities sold _„ Bills payable and rediscounts Interest, taxes, and other expenses accrued and unpaid _ Other liabilities Capital stock _ _. __ Surplus Undivided profits, net Reserves for contingencies „ Total 2,708 3 Includes certified and treasurers' checks and cash letters of credit and travelers' checks outstanding. * Includes reserves for dividends. Assets and liabilities of savings and State banks in the District of Columbia June 30, 1929-33 [In thousands of dollars] 1932— 1929— 1930— 1931— 22 banks 22 banks 22 banks 22 banks 1933— 7 banks * ASSETS Loans and discounts, including rediscounts 2 Overdrafts. United States. Government securities owned Other bonds, stocks, securities, etc., owned._ Banking house, furniture and fixtures Real estate owned other than banking house Cash in vault... Due from banks Outside checks and other cash items. Securities borrowed Other assets . Total.-. _ -___ _ 33,090 10 455 5,995 2,520 576 1,267 3,267 76 31,934 9 497 6,809 2,691 729 1,116 3,411 63 27,985 9 2,206 6,774 2,802 1,004 1,020 3,182 22 10,025 1 819 2,205 1,243 230 572 2,017 18 97 165 30,436 4 1,243 7,620 2,693 866 1,199 4,948 61 30 119 136 25 47,353 47,424 49,219 45,140 17,155 14, 964 25, 555 15, 040 25,695 15, 771 27,123 20 390 13, 308 25,032 5 380 5,048 9,395 31 73 LIABILITIES Demand deposits Time deposits, including postal savingsUnited States deposits Due to banks 3 _ _. Total deposits Bills payable and rediscounts Securities borrowed Interest, taxes, and other expenses accrued and unpaid .. __ Other liabilities Capital stock Surplus ._ Undivided profits, net Reserves for contingencies Total 1 339 465 40,858 806 41,200 352 43,304 60 30 38, 725 933 H547 230 137 22 2,705 1,880 811 4 134 163 24 2,753 1,904 859 4 169 161 48 2,753 1,827 840 4 196 193 64 2,753 1,743 579 4 150 121 2 1,000 965 203 47,353 47,424 49,219 45,140 87 17,155 Licensed banks; i.e., those operating on an unrestricted basis. customers' liability under letters of credit. Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding. 4Includes reserves for dividends. 3includes 124 HEPOET OF THE COMPTROLLEK OF THE CURRENCY Earnings and dividends of hanks other than national in the District oj Columbia The following statement shows comparative figures concerning the earnings and dividends of banks other than national in the District of Columbia for the years ended June 30, 1933 and 1932: Earnings and dividends of trust companies and savings banks in the District of Columbia [In thousands of dollars] 6 months ended Dec. 31, 1932 5 trust companies Capital, par value: Common __ Preferred Total Surplus Total capital and surplus Gross earnings: Interest and discount on loans Interest and dividends on bonds, stocks, and other securities Interest on balances with other banks . __ . Collection charges, commissions, fees, etc Foreign department (except interest on foreign loans, investments, and bank balances) Trust department . Service charges on deposit Accounts Other earnings Total Expenses: Salaries and wages Interest on deposits of other banks. Interest on other demand deposits. Interest on other time deposits Interest and discount on borrowed money Taxes . Other expenses. Total current expenses "Withdrawals from reserves for expenses of previous periods accrued and unpaid. (See detail on p. 125)__ Grand total Net earnings Recoveries, profits on securities, etc.: On loans On bonds, stocks, and other securities Allother Total. .'.. Total net earnings, recoveries, etc 1 2 9,400 17 sav22 total ings banks banks 2,240 11,640 Year Year ended ended June 30, June 30, 1932, 5 trust 7 sav- 12 total 1933, 12 2 27 com- ings banks1 banks banks panies banks 9,400 1,000 10,400 310,400 9,400 9,750 2,240 1,679 11,640 11,429 9,400 7,700 1,000 965 10,400 8,665 3 19,150 3,919 23, 069 17,100 1,965 19,065 3 1,144 739 1,883 992 345 654 210 864 627 62 28 9 37 22 68 44 "•12 62 3 348 1 4 348 6 263 18 242 41 71 59 313 20 255 2,505 1,115 3,620 672 9 149 466 319 8 28 290 247 267 1,810 10,400 8 8,665 12,153 12,153 11,493 19, 065 23, 646 1,337 3,220 4,385 689 1,553 1,783 3 25 62 102 23 85 197 99 6 263 10 611 13 639 21 26 41 281 100 594 991 2, 247 480 2,727 6,347 8,012 991 17 177 756 613 5 99 452 140 3 3 131 753 8 102 583 1,744 25 279 1,339 2,138 20 414 1,648 42 56 194 42 303 461 44 211 331 20 25 98 64 236 429 106 539 890 37 657 1,123 937 2,747 1,755 420 2,175 4,922 6,037 259 65 324 2,069 436 1,002 113 3, 071 549 1,755 492 420 60 2,175 552 5,246 1,101 6,037 1,975 12 12 10 2 12 24 90 89 1 17 1 106 2 88 55 3 91 55 197 57 36 15 90 30 120 153 5 158 278 141 526 143 669 645 65 710 1,379 2,116 Licensed banks. Number of reporting banks June 30, 1933. 3 Capital and surplus as of June 30, 1933. 6 months ended June 30, 1933 324 125 REPORT OF THE COMPTROLLER OF THE CURRENCY Earnings and dividends of trust companies and savings banks in the District of Columbia—Continued [In thousands of dollars] 6 months ended 6 months ended June 30,1933 Dec. 31, 1932 Year Year ended ended 5 trust 17 sav- 22 total 5 trust 7 sav- 12 total com- ings com- ings panies banks banks panies banks banks Losses and depreciation: On loans _ . . On bonds, stocks, and other securities _ -_ On banking house, furniture and fixtures Other losses and depreciation Total current period _ Withdrawals from reserves for depreciation of previous periods on real estate. (See detail below.) Grand total Net addition to profits. Dividends Ratios: Dividends to common capital3 percent.. Dividends to3 common capital and surplus __ percent._ Net addition 3to profits to common capital percent.. Net addition to profits to common capital and surplus3 percentDetail of withdrawals from reserves for expenses of previous periods accrued and unpaid and amounts set aside in previous periods as reserves for depreciation on real estate withdrawn and charged ofl in 6 months ended Dec. 31,1932: Expenses: Salaries and wages Interest on deposits of other banks. _ Interest on other demand deposits Interest on other time deposits Interest and discount on borrowed money Taxes Other expenses .- -- .. Total Depreciation: On banking house, furniture and fixtures Total June 30, June 30, 1933, 1932, 12 27 banks banks 189 157 346 224 37 261 607 408 410 210 610 639 20 659 1,269 633 246 14 26 15 272 29 50 208 5 15 55 223 327 252 103 57 859 398 1,257 1,121 77 1,198 2,455 1,201 5 1,008 1,121 *476 286 77 4 12 15 1,003 1,862 4 1,336 424 403 2,265 4 260 * 1, 596 83 507 1,008 1,198 3,463 4 488 4 2,084 301 808 1,201 915 1,319 4.51 3.71 4.36 3.04 1.50 2.89 7.77 10.85 2.21 2.12 2.20 1.67 .76 1.58 4.24 5.58 * 14. 21 * 11.61 * 13. 71 4 5.06 4 1.20 4 4.69 4 20.04 7.53 < 6. 92 4 2.78 4.61 4 2.56 410.93 3.87 4 6.98 *6.63 15 30 45 45 171 26 197 197 73 8 1 81 1 81 1 259 65 324 324 = 1,003 5 1,008 1,008 1,003 5 1,008 1,008 — * Capital and surplus as of June 30,1933. * Deficit. Building and loan associations in the District oj Columbia The resources of the 28 building and loan associations operating in the District of Columbia under the supervision of the Comptroller of the Currency on June 30, 1933, totaled $88,350,000 and exceeded by $3,359,000 the resources of 26 associations on June 30 a year ago. 126 REPORT OF THE COMPTROLLER OF THE CURRENCY The loans, which aggregated $82,919,000, showed an increase in the year of $1,621,000. Installment payments on shares increased also from $76,773,000 to $78,308,000. Twenty-three of the associations operated on the permanent plan and five on the serial plan. The total membership was 93,427, as compared to 87,049 members a year ago, and of the total in the current year the numbers borrowing and nonborrowing were 24,633 and 68,794, respectively. The statement following discloses the number of building and loan associations in the District of Columbia, their aggregate loans, installments paid on shares, and total assets on June 30 each year 1914-33. (Summaries of the assets and liabilities of the individual associations as of June 30, 1933, together with consolidated statements of assets and liabilities and receipts and disbursements for the 6-month periods ended Dec. 31, 1932, and June 30, 1933, are published in the appendix of this report.) [Figures for previous years published in report for 1931] Years June 30— 1914.., 1915... 1916— 1917— 1918— 1919— 1920— 1921— 1922... 1923... 1924... 1925— 1926— 1927— 1928... 1929— 1930— 1931... 1932... 1933... Number of associations 20 20 19 19 20 20 21 24 22 23 23 24 22 22 22 22 24 24 26 28 Loans $18,582,156 19,524,065 20,186,662 20,951,089 21,567,904 23,654,000 27,398,000 29,520,000 33,233,000 36,157,000 38,968,000 42,482,000 46,781,000 50,940,000 57,505,000 63,566,000 68,143,000 74,365,000 81, 298, 000 82,919,000 Installments on shares $17,113,899 17,866,337 18,668,808 19,413,266 20,252,005 22,463,000 25,373,000 27,593,000 30,506,000 32,858,000 35,452,000 38,653,000 42,794,000 47,887,000 53,738,000 58,916,000 64,480,000 70,244,000 76, 773,000 78,308,000 Total assets $19,029,260 20,655,614 21,611,007 22,264,005 23,215,027 25,699,000 29,322,000 31,683,000 34,879,000 37,589,000 40,467,000 43,977,000 48,573,000 43,829,000 59,855,000 65,964,000 71,629,000 77,992,000 84,991,000 88,350,000 Credit Unions in District of Columbia Since the enactment of this act, the following credit unions have been recommended for approval by this office and licensed by the District Commissioners: Railway Mail Service Credit Union of the District of Columbia, licensed October 17, 1932, as of July 5, 1932. License renewed November 13, 1933. The Veterans Administration Employees Credit Union of the District of Columbia, licensed October 27, 1932. License renewed on November 13, 1933. Department of Commerce Credit Union of the District of Columbia, licensed November 14,1932. license renewed November 24,1933. St. Anthony's Parish Credit Union of the District of Columbia, licensed November 16, 1932. License renewed December 19, 1933. The F.E.U. Local 262 Credit Union of the District of Columbia, licensed November 25, 1932. License renewed December 11, 1933. REPORT OF THE COMPTROLLER OF THE CURRENCY 127 F.E.U. 105 Credit Union of the District of Columbia, licensed November 29, 1932. License renewed December 11, 1933. Western Union Employees Credit Union of the District of Columbia, licensed January 7, 1933. The F.E.U. No. 261 Credit Union of the District of Columbia, licensed January 16, 1933. In-Com-Co. Credit Union of the District of Columbia, licensed January 16, 1933. License renewed December 29, 1933. Navy Department Branch of F.E.U. No. 2 Credit Union of the District of Columbia, licensed January 19, 1933. Armour Washington Credit Union of the District of Columbia, licensed February 3, 1933. Washington Postal Employees Credit Union of the District of Columbia, licensed February 7, 1933. Educational Employees Credit Union of the District of Columbia, licensed March 2, 1933. Adjutant General's Office Employees Credit Union of the District of Columbia, licensed March 25, 1933. The Navy Yard Credit Union of the District of Columbia, licensed March 27, 1933. Swift Employees Credit Union of the District of Columbia, licensed July 27, 1933. G.A.O. Employees' Credit Union of the District of Columbia, licensed November 10, 1933. Standards Credit Union of the District of Columbia, licensed November 14, 1933. Uniformed Fireman's Credit Union of the District of Columbia, licensed December 18, 1933. An application has been received to organize the Post Office Department Employees Credit Union of the District of Columbia, but final action has not yet been taken. An application was received to organize the Cooperative Literary Credit Union of the District of Columbia, which was abandoned on February 3, 1933. The following cases have been rejected: Veterans Administration Branch F.E.U. No. 2 Credit Union of the District of Columbia disapproved November 19, 1932. General Accounting Office Credit Union of the District of Columbia disapproved December 8, 1932. Oloph Credit Union of the District of Columbia disapproved July 6, 1933. Summaries of the assets and liabilities of the individual credit unions as of June 30, 1933, together with a consolidated statement of assets and liabilities and receipts and disbursements for the 6 months ended June 30, 1933, are published in the appendix of this report. 128 REPORT OF THE COMPTROLLER OF THE CURRENCY BUILDING AND LOAN ASSOCIATIONS IN THE UNITED STATES Statistics relative to all building and loan associations in the United States have been obtained through the courtesy of the secretary of the United States Building and Loan League, with headquarters at Cincinnati, Ohio, and are published in the following statements: Number of building and loan associations, total membership, and total assets, etc., for the year ended in 1982, by States States 1. 2. 3. 4. 6. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. £0. New Jersey Ohio Pennsylvania Massachusetts Illinois New York California Indiana Wisconsin.2 Maryland Missouri Louisiana... Michigan.. Nebraska.. Kentucky Kansas. Texas.. Oklahoma District of Columbia.. North Carolina Washington Virginia. _ Utah _ Iowa _ Minnesota Colorado West Virginia Arkansas. __ Rhode Island... Connecticut Alabama Maine South Carolina2 Oregon. Montana 2 Tennessee .._ Mississippi. Delaware 3 Florida New Hampshire North Dakota Wyoming... Georgia South Dakota Vermont Hawaii Idaho.. New Mexico Arizona NevadaTotal ; Number 1 ofassoi ciations 1,553 762 2,957 227 905 299 188 388 184 1,075 235 101 66 83 161 151 144 82 26 222 66 85 23 74 75 58 60 56 9 43 37 36 132 22 27 40 46 44 65 29 22 11 40 21 14 11 14 17 8 10,997 i Decrease. * Estimated. * No report issued 1932—figures for 1931 used. Total membership Total assets Increase in assets 985,470 $1,146,108,891 i $55,864,724 2,213,531 1,097,526,114 i 60, 755, 757 941,682 1,044, 256,443 i 206,435, 629 467,829 527,360,936 1 32,742,106 807,800 437,261,865 1 29,338, 746 423, 676,167 1 19, 576,197 531, 216 494,000 407,146,357 145,860,994 375, 700 270,857,685 1 17, 726,426 252, 773 260,548,326 1 20, 684,941 197,500, 000 i 12, 500, 000 300,000 237,200 193,034, 550 1 13,330, 093 181,475 159,480,185 i 11,391,106 152, 933, 382 i 12,336,158 218, 235 190,600 124,307,312 1 12, 710, 257 181,800 118,475, 594 i 3,345,974 174,482 116,162, 630 i 10,157,088 157, 215 114, 631,153 1 12, 654,825 129,339 113, 251,396 1 13,092, 065 90,388 87,420,000 5,559,000 81,897 75,894,023 i 9,454,360 205,038 64,973,551 i 7,922, 416 62,100 56, 321,016 14,044,492 74,023 50,287,421 1 2, 958,103 62,320 44,849,730 i 3, 254, 766 95,843 1 2,587, 955 40,746,403 55,000 38,472,204 i 20,664,457 53,480 35,804,108 1 1,937, 233 50,000 35,498,145 i 9,312, 629 49,499 34,324, 701 J 315,097 32,376 26,818, 269 381,689 36,230 25, 772, 240 1 2,308,147 27,565 24,818, 627 i 696,809 30,000 24,500, 000 i 1,050,000 33,800 19, 645,142 1 7,364, 640 32, 767 19,150, 925 i 1,769,453 17,387,000 23,470 i 1,109,924 24,537 16,679,871 i 2,000, 234 20,500 16,118, 223 11,400 14,369,063 i 1,606, 509 16, 613 14,076, 044 i 141,381 13,135, 969 i 1, 018,402 19,650 9,509,864 17,850 18,893 7,265,368 250,235 10,314 6,241,600 187,955 6,063 5,495,121 198,110 12, 534 5,209,278 202,191 5,039,612 1 129, 280 7,650 4,950 4,717,489 l 298,310 4,247,141 6,030 i 713,067 1,183,930 1,665 157,042 10,114,792 7,750,491,084 1666,884,521 Increase in membership 1122,261 i 165,280 i 294,615 i 31,694 i 97,700 i 54,255 156,000 i 25,100 126,022 120,000 * 30,882 1 9,021 1939 » 14,650 15,200 119,289 117,335 i 85, 339 7,081 113,311 115,218 i 4,470 »12,631 i 4,085 122,312 130,870 i 2,870 111,571 458 i 3,757 13,210 1879 12,000 112,200 * 5,136 11,500 12,843 11,000 11,012 11,450 1650 474 *454 1147 11,469 1200 1300 U,020 225 » 1,223,909 REPORT OF THE COMPTROLLER OF THE CURRENCY 129 Mortage loan investments of building and loan associationst by States States Total mortgage loans outstanding 1931 Alabama Arizona Arkansas— California Colorado Connecticut Delaware 2 District of Columbia Florida Georgia Illinois. Idaho Indiana Iowa... Kansas Kentucky Louisiana Maine. Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska _ Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio.— Oklahoma Oregon.. Pennsylvania Rhode Island South Dakota. Tennessee Texas Utah Vermont Virginia Washington. West Virginia Wisconsin Wyoming Other States $21,334,440 4,244,939 39,161,397 376, 294, 355 47,829, 502 24,119,570 13, 737,035 77,909,000 9,974,671 5,896,577 420,693,084 4, 518,016 253, 283,000 43,330,170 104,800, 641 117,769, 255 144, 521,927 23,697,954 494, 649, 494 147,105, 279 36, 220, 560 16,783, 600 174,798,717 18, 318,003 113, 541,355 875,400 13,503,444 1,026, 215,919 4, 255, 224 387,958, 762 76,194, 700 12,098,430 1,030,948,146 113,008, 382 20,806,860 975,000, 000 31,629,854 5, 554,716 15,440,871 110, 740, 498 35, 716,777 4,923, 043 53, 374,187 56, 249, 507 30, 399, 384 254,423, 561 8,789,404 202, 700,000 Hawaii 7, 205,339,610 4,307,000 7,209,646,610 Total 1 8 Decrease. No report issued for 1932—figures for 1931 also used for 1932* 1932 $18,206,657 3,022, 300 26, 287,570 295,851,951 25.758, 506 24,504, 750 13,737,035 82,385, 000 7, 244, 685 5,983, 523 379,923,900 4,355,827 227,470,000 39,037,376 89, 052, 540 110,196, 706 124, 379,006 22,429,789 460, 794, 740 124,161,048 33, 219, 703 12,743, 690 158,052,991 17,429,971 102,832,373 1,077,384 13,305, 751 926,101,801 3,899, 377 363,867,626 65,328,801 10,815, 278 951,405,870 93, 666, 474 15,725,139 825, 296,120 33, 228, 800 5,445,806 14,668, 000 90,410,170 30,063, 715 4,931, 543 48,692,147 48,984, 258 27,430,879 218,846, 585 8, 252, 261 179,800,000 Percent Increase, 1932, mortgage loans to over year assets, 1931 1932 i $3,127,783 i 1, 222, 639 1 12,873,827 i 80,442,404 i 22, 070,996 385,180 4,476, 000 i 2, 729, 986 86, 946 1 40, 769,184 i 162,189 i 25, 813,000 i 4, 292, 794 1 15, 748,101 i 7, 572, 549 1 20,142,921 1 1, 268,165 i 33,854, 754 i 22, 944, 231 i 3,000,857 i 4,039,910 1 16, 745, 726 i 888,032 110,708,982 201,984 i 197,693 1 100,114,118 i 355, 847 i 24,091,136 1 10,865,899 i 1, 283,152 i 79, 542, 276 i 19,341,908 i 5,081,721 i 149,703,880 1, 598,946 i 108,910 i 772,871 i 20,330, 328 i 5, 653,062 8,500 i 4, 682,040 i 7, 265, 249 1 2,968,505 i 35, 576,976 i 537,143 i 22,900,000 70.6 71.2 74.0 72.7 67.1 91.4 85.3 94.2 50.4 82.4 87.0 86.4 84.0 87.0 76.7 93.0 78.0 90.4 87.4 81.1 81.6 76.4 81.9 91.0 82.7 91.0 94.6 80.8 80.4 85.9 86.1 82.3 86.7 82.7 80.1 79.1 96.8 87.3 84.3 78.9 59.8 89.6 86.5 75.4 76,6 84.0 86.8 81.0 6,390,305,422 4,419,996 1815,034,188 112,996 82.5 84.8 6,394,725,418 1 814,921,192 82.5 130 REPOBT OF THE COMPTROLLER OF THE CURRENCY Failures of building and loan associations, 1980-82 Total number of associations 1920 1921 1922 1923 _ , 1924 1925 . . — 1926 1927 1928 1929 1930 1931 1932 - -- _ - - Total assets Number failed 8,633 $2,519,914,971 2,890,764,621 9,255 3,342,530,953 10,009 3,942,939,880 10,744 4,765,937,197 11,844 5,509,176,154 12,403 6,334,103,807 12,626 12, 804 7,178,562,451 8,016,034,327 12,666 8,695,154,220 12,343 8,828,611,925 11,777 8,417,375,605 11,442 7,750,491,084 10,997 Total liabilities Estimated of failed loss associations 2 6 4 9 18 26 12 21 23 159 190 $80,437,508 126 61,908,529 i 122 52,818,387 Percent of loss to total assets $506 91,547 158,674 132,612 398,245 500,000 380, 725 1,013,000 568,000 2,312, 626 24,676,059 22,327,842 20,337,255 0.00002 .0032 .0047. .0034 .0084 .0090 .0060 .0141 .0071 .0266 .27% . 2653 .2624 1 Located as follows: Arkansas, 3; California, 8; Colorado, 5; Florida, 1; Indiana, 3; Minnesota, 1; Mississippi, 1; Missouri, 3; Ohio, 3; Oregon, 1; Pennsylvania, 89; South Carolina, 1; South Dakota, 1; and Wisconsin, 2. MONEY IN THE UNITED STATES Statements showing the stock of money in the United States in the years ended June 30, 1914 to 1933, and the imports and exports of merchandise, gold, and silver in the calendar years 1914 to 1932, and the 9 months ended September 30, 1933, follow: Stock of money in the United States, in the Treasury, in reporting banksy in Federal Reserve banks, and in general circulation, years ended June SO, 1914 to 1988 Year ended June 30— 1914. 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 _ . . . . « I n general circulation, exCoin and other Coin and other Held by or for clusive of amounts held Coin and money in Treas- money in report- Federal Heserve by reporting banks, 2 other ury as assets * banks and agents ing banks Federal Reserve banks, money and Treasury in the United States Per- Amount PerPerPerPer Amount cent cent Amount cent Amount cent capita Millions Millions 3,797.8 338.4 4,050. 8 348.2 4,541. 7 299.1 5,678. 8 269.7 6,906. 2 363.5 7,688.4 585.1 8,158. 5 490.7 8,174.5 463.6 8, 276.1 406.1 8,702.8 386.5 8.846.5 359.4 8,299.4 363.9 8,429.0 353.2 8,667.3 350.9 8,118.1 351.3 8,538.8 373.1 8,306.6 247.2 9,079.6 254.9 9,004.4 278.2 10,078.4 314.5 8.91 8.60 6.59 4.75 5.27 7.61 6.01 5.67 4.91 4.44 4.06 4.38 4.19 4.05 4.33 4.37 2.98 2.81 3.09 3.12 Millions l f 630.0 1,447.9 1,472.2 1,487.3 882.7 981.3 1,047.3 926.3 814.0 777.1 900.8 938.3 975.2 985.1 866.5 799.1 853.8 865.5 774.1 649.9 42.92 35.74 32.41 26.19 12.78 12.76 12.84 11.33 9.84 8.93 10.18 11.30 11.57 11.36 10.67 9.36 10.28 9.53 8.60 6.45 Millions 383.0 593.3 1,342.7 2,061.0 2,226.7 2,200.2 2,799.9 3,406.8 3,493.0 3,637.8 3,120.3 3,190.5 3,465.1 2,970.2 3,419. 4 3,537.3 4,002. 7 3,031.1 4,043. 2 9.45 13.06 23.64 29.84 28.96 26.97 34.25 41.16 40.14 41.12 37.63 37.85 39.98 36.59 40.04 42.58 44.08 33.66 40.12 Millions 1,829.4 1,871.7 2,177.1 2,579.1 3,599.0 3,895.3 4,420.3 3,984.7 3,649. 2 4,046.2 3,948. 5 3,876.9 3,910.1 3,866. 2 3,930.1 3,947.2 3,668.2 3,956.5 4,921.0 5,070.8 48.17 46.21 47.94 45.42 52.11 50.67 54.18 48.75 44.09 46.49 44.64 46.69 46.39 44.61 48.41 46.23 44.16 43.58 54.65 50.31 18.44 18.57 21.27 24.76 33 96 36.64 41.50 36.71 33.18 36.20 34.69 33.58 33.35 32.57 32.72 32.47 29.76 31.87 39.41 40.32 1 Public money in national-bank depositories to the credit of the Treasurer of the United States not included. * Money in banks of island possessions not included. NOTE.—Population estimated at 113,818,432 in 1924; 115,469,094 in 1925; 117,227,000 in 1926; 118,719,000 in 1927; 120,104,000 in 1928; 121,546,198 in 1929; 123,250,000 in 1930; 124,135,800 in 1931; 124,881,806 in 1932, and 125,753,206 in 1933. REPORT OF THE COMPTROLLER OF THE CURRENCY 131 Imports and exports of merchandise, calendar years 1914 to 1932, inclusive, and from Jan. 1 to Sept. 30y 1933 Imports of merchandise 1914. _ 1915 1916 1917. 1918 1919. _ 1920 1921 __ 1922 1923 1924 1925 1926 1927 1928 1929-_. 1930 1931 1932 1933 (9 months) _ . $1, 789, 276, 001 $3,113, 624,050 1,778,596,695 3,554, 670,847 2,391,635,335 5,482, 641,101 6, 226, 255,654 - 2,952,465,955 3 031 304 721 6,149, 241,951 3,904,364,932 7,920,425,990 5, 2?8, 481, 490 8, 228,016,307 2, 509,147, 570 4,485,031,356 3,112,746,833 3,831, 777,469 3, 792, 065,963 4,167, 493,080 3,609, 962, 579 4, 590, 983,845 4,909, 847, 511 4, 226, 589, 263 4,808, 660,000 4, 430,888,000 4,865, 375,000 4,184, 742,000 5,128, 356,000 . 4,091,444,000 5,240,995,000 4,399, 361,000 3, 843,181,000 3,060,908,000 2,424, 289,000 2,090, 635,000 1,611,016,000 1,322, 774,000 i 1,037,112,000 i 1,104s 986,000 62,994, 501, 337 Total, 19 years and 9 months 1 Exports of merchandise 91, 686, 867,161 Excess of exports over imports $1, 324, 348, 049 1,776,074,152 3,091,005, 766 3,273, 789, 699 3,117,937, 230 4,016,061, 058 2,949, 534,817 1,975,883, 786 719,030,636 375,427,117 981,021, 266 683, 258, 248 377, 772,000 680, 633, 000 1,036,912, 000 841,634, 000 782, 273,000 333, 654, 000 288, 242, 000 i 67, 874,000 28, 692, 365, 824 Preliminary, subject to correction. Gold and silver imports and exports in periods indicated GOLD Imports 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 (9 months) . - - -- . Total, 19 years and 9 months Exports Excess of exports over imports $57,387,741 451,954, 590 685,990,234 552,454,374 62,042,748 76,534,046 417,068,273 691,248,297 275,169,785 322,715,812 319,720,918 128, 273,172 213, 504,000 207,535,000 168,897,000 291, 649,000 396,054,000 612,119,000 363,315,000 187, 639,000 $222,616,156 31,425,918 155,792,927 371,883,884 41,069,818 368,185, 248 322,091,208 23,891,377 36,874,894 28,643,417 61,648,313 262,639, 790 115,708,000 201,455,000 560,760,000 116, 583,000 115,967,000 466, 794,000 809,528,000 318, 833,000 $165, 228,415 6,481, 271, 990 4,632, 390,950 1, 560, 516S 235 Excess of imports over exports $420,528, 672 530,197, 307 180,570, 490 20,972,930 291,651,202 94,977,065 667,356,920 238, 294, 891 294,072, 395 258, 072, 605 134,366,618 97, 796, 000 6, 080,000 391,863,000 175,066,000 280, 087, 000 145, 325,000 446, 213,000 131,194,000 3,409, 397, 275 SILVER 1914.. 1915.. 1916.. 1917-. 1918.. 1919.. 1920.. 1921_. 1922.. 1923.. 1924.. 1925.. 19%., 1927.. 1928.. 1929.. 1931 1932 1933 (9 months) . Total, 19 years and 9 months $25,959,187 34,483,954 32, 263, 289 53,340,477 71, 375,699 89,410,018 88,060,041 63, 242. 671 70,806,653 74, 453,530 73,944,902 64, 595,418 69, 596, 000 55,074,000 68,117,000 63,940, 000 42,761,000 28, 664, 000 19, 650,000 47,055,000 1,136,792,839 $51,603,060 53,598,884 70, 595,037 84,130,876 252,846,464 239,021,051 113,616, 224 51,575, 399 62,807,286 72,468, 789 109,891,033 99,127,585 92, 258,000 75, 625,000 87, 382,000 83,407,000 54,157,000 26,485,000 13,850,000 15, 707,000 $25,643,873 19,114,930 38,331, 748 30,790,399 181,470, 765 149,611,033 25, 556,183 1, 710,152, 688 634, 338, 229 $11, 667, 272 7,999,367 1, 984, 741 35,946,131 34,532,167 22,662,000 20,551,000 19,265,000 19,467,000 11,396,000 2,179, 000 5,800,000 31,348, 000 60,978,380 132 REPOKT OF THE COMPTROLLER OF THE CURRENCY FEDERAL LAND BANKS The statement following shows the condition of the 12 Federal land banks as of September 30, 1933, taken from report compiled by the Farm Credit Administration: Consolidated statement Sept. 80, 1938 ASSETS Net mortgage loans less principal of delinquent and extended installments $1, 109, 950, 061. 31 United States Government securities 74, 801, 848. 73 Bonds of other Federal land banks 1, 213, 003. 53 Other securities 236, 845. 22 Gash deposits for matured or called bonds 4, 150. 00 Cash on hand and in banks 10, 113, 741. 25 Accounts receivable less reserves 3, 577, 063. 77 Due from Secretary of the Treasury, interest reduction 1, 488, 076. 74 Purchase money mortgages, contracts, etc., less reserves 33, 787, 560. 99 Delinquent installments (principal and interest), less partial payments and reserves.. 12, 236, 303. 01 Extensions 37, 719, 391. 64 Interest accrued ^ . 20, 836, 167. 85 Real estate, less reserves 56, 008, 532. 47 Sheriffs' certificates, judgments, etc., less reserves 21, 393, 703. 37 Banking house, furniture, fixtures, equipment, etc 3, 355, 961. 38 Prepaid and deferred expenses 260, 934. 45 Other assets 1, 399, 108. 64 Total 1, 388, 382, 454. 35 LIABILITIES Farm loan bonds (unmatured), less bonds held by banks of issue 1, 148, 473, 860. 00 Farm loan bonds matured or called 4, 150. 00 Dividends declared but unpaid 217, 957. 43 Matured interest on farm loan bonds 958, 777. 26 Deferred proceeds of loans 195, 423. 52 Accounts payable ,_930, 212. 01 Interest accrued 16, 971, 929. 72 Advance installment payments _ 827, 487. 99 Trust accounts 3, 049, 253. 12 Other liabilities 917, 196. 90 Deferred income 4,004, 028,38 Capital stock 188, 858, 460. 50 Paid-in surplus—United States Government, less impairment 5, 125, 405. 39 Legal reserves 14, 504, 518. 82 Other reserves 1, 162, 126. 18 Undivided profits _2, 181,667. 13 Total - 1, 388, 382, 454. 35 REPORT OF THE COMPTROLLER OF THE CURRENCY 133 JOINT-STOCK LAND BANKS The statement following shows the condition of the 46 joint-stock land banks as of September 30, 1933, taken from report compiled by the Farm Credit Administration: Consolidated statement Sept. 30f 1933 1 ASSETS Net mortgage loans less principal of delinquent installments-. $371, 975, 037. 08 United States Government securities 2, 535, 921. 75 Farm-loan bonds of other banks 898, 647. 82 Other securities 360, 745. 81 Cash deposits for matured or called bonds 1, 000. 00 Cash on hand and in banks . 5, 472, 607. 98 Accounts receivable, less reserves 1, 370, 621. 03 Purchase-money mortgages, contracts, etc., less reserves 13, 070, 030. 40 Delinquent installments (principal and interest), less partial payments and reserves 4, 339, 581. 00 Interest accrued 6,279, 107. 84 Real estate, less reserves 39, 747, 871. 73 Sheriffs' certificates, judgments, etc., less reserves 12, 747, 671. 71 Banking house . 60, 000. 00 Furniture, fixtures, equipment, etc 118, 715. 26 Prepaid and deferred expenses 14, 455. 93 Other assets, less reserves 997, 888. 70 Total 459, 989, 904. 04 LIABILITIES Farm-loan bonds (unmatured), less bonds on hand Certificates in lieu of fractional bonds Farm-loan bonds matured or called Notes payable, etc Mortgages assumed on real estate owned Matured interest on farm-loan bonds Deferred proceeds of loans Accounts payable Interest accrued Advance installment pavments Trust accounts Other liabilities Deferred income Capital stock paid in Surplus paid in Surplus earned Legal reserves Other reserves Undivided profits Deficits. Total 390, 323, 440. 00 8, 643. 21 3, 000. 00 11,748,319. 07 243, 500. 00 673, 119. 60 1, 270. 15 78, 580. 40 6,214,967. 91 180, 647. 72 986, 336. 81 147,600. 50 3,035,948. 83 34, 985, 900. 00 2, 901, 260. 28 1, 793, 658. 21 4, 852, 124. 95 1,251,843. 79 1, 642, 142. 96 1, 082, 400. 35 459, 989, 904. 04 i Figures for banks in receivership and voluntary liquidation not included in the statement. 134 REPORT OF THE COMPTROLLER OF THE CURRENCY FEDERAL INTERMEDIATE CREDIT BANKS The statement following shows the condition of the 12 Federal intermediate credit banks as of September 30, 1933, taken from report compiled by the Farm Credit Administration: Consolidated statement Sept. S0y 1933 ASSETS Loans and discounts $127, 235, 364. 58 United States Government securities less those sold under repurchase agreements 32, 707, 293. 04 Other securities. 92, 175. 00 Cash on hand and in banks 14, 404, 400. 61 Notes receivable 2, 296, 445. 06 Accounts receivable . 158, 859. 52 Interest accrued , 493, 912. 60 Furniture, fixtures, equipment, etc 9, 669. 90 Prepaid and deferred expenses 11,085. 44 OtheT assets 688, 148. 62 Total 178,097,354.37 LIABILITIES Debentures (unmatured) less those held by banks of issue and other Federal intermediate credit banks 111, 790, 000. 00 Accounts payable 298, 860. 21 Deferred proceeds, loans and discounts 86, 552. 75 Interest collected, not earned 615, 042. 71 Interest accrued 1, 014, 711. 44 Liability for cash collateral 660, 720. 88 Other liabilities . 190, 380. 14 Deferred income 432, 029. 16 Capital stock paid in 60,000, 00a 00 Surplus, undivided profits, and reserves for contingencies (net) _ 3, 009, 057. 08 Total 178, 097, 354. 37 NATIONAL AGRICULTURAL CREDIT CORPORATION The Pacific National xVgricultural Credit Corporation of Fresno, Calif., was authorized under the act of March 4, 1923, to transact business within the States of California, Arizona, Utah, Nevada, Oregon, Idaho, Wyoming, Colorado, New Mexico, and Texas. A statement of its assets and liabilities as of the close of business on October 25, 1933, appears below: ASSETS Cash on hand and in banks United States bonds ($255,000 par value) Loans Customers' liability under guaranteed advances Furniture and fixtures Accounts receivable Other assets Customers' funds held in trust Total $8, 015. 13 241, 804. 75 2, 317, 132. 41 145,063. 50 4, 010. 12 5, 683. 61 42, 253. 77 100, 127. 53 2, 864, 090. 82 REPORT OF THE COMPTROLLER OF THE CURRENCY 135 LIABILITIES Capital stock Reserve for contingencies Undivided profits Discounts Guaranteed advances Other liabilities Undistributed trustee funds Total . .__ „ -. . $500, 000. 00 62, 500. 00 1, 318. 35 2, 024, 592. 82 145, 063. 50 30, 488. 62 100, 127. 53 2, 864, 090. 82 UNITED STATES POSTAL SAVINGS SYSTEM The tables following, compiled by the Third Assistant Postmaster General, under whose supervision the System operates, disclose comparative statements of the resources and liabilities of the Postal Savings System for the years ended June 30, 1933 and 1932, together with a summary of the postal-savings business for the fiscal year ended June 30, 1933, by States. (The total number of depositors on June 30, 1933, was 2,342,133, an increase of 796,943 in the year, and the average amount on deposit per depositor was $506.88, compared with $507.91 a year ago.) 31460°— 34 10 Comparative balance sheet for June SO, 19SS and 1982 June 30,1933 Items Working cash: Depository banks. Postmasters $977,214,074.44 4,097,585.53 $981,311,659.97 Special funds—Treasurer of the United States: Reserve fund __ Miscellaneous (working) funds 58,917,100.54 33,528,952.77 Accounts receivable: Accrued interest on bond investments Due from discontinued depository banks.. Due from late postmasters Investments—United States securities: Postal savings 2H percent bonds Fourth Liberty \\i percent bonds U.S. Treasury 3 percent bonds U.S. Treasury V/% percent bonds.. U.S. Treasury 3% percent bonds U.S. Treasury 4 percent bonds U.S. Treasury 4M percent bonds U.S. Treasury 2% percent notes A1938 U.S. Treasury 2% percent notes B1936 U.S. Treasury 2J/8 percent notes C1936 U.S. Treasury 3 percent notes B1937 U.S. Treasury '$4 percent notes A1936 U.S. Treasury 3M percent notes A1937 92,446,053.31 1,091,745.82 1,401,379.29 _ _ _ _ _ _ _ _ Total resources. Par value $13,546,480 _. 17,676,750 _. 40,040,000 3,000,000 7,690,000 11,115,000 8,195,000 3,050,000 1,550,000 8,750,000 4,850,000 2,250,000 - 10,550,000 2,493,125.11 13,546,480.00 15,540,485.38 39,209,443.58 2,865,562.54 8,061,391.71 11,818,624.44 9,034,753.54 2,980,687.50 1,531,625.00 8,745,546.88 4,874,366.46 2,276,682.70 10,569,102.82 132,263,230 00 June 30,1932 $682,002,878.75 4,481,652.94 $295,211,195.69 $686,484,531.6 294,827,128.28 42,776,799.41 42,055,761.60 7,613,492.30 49,669,253.90 714,804.93 1,375,036. 33 1,778,320.18 16,861,338.94 25,915,460.47 675,245.16 13,216.81 26,342.96 Increase $384,067.41 416,500.66 13,216.81 388,400.00 13,158,080.00 15,540,485.38 39,209,443.58 2,865,562.54 131,054,752.55 70,773,571. 50 8,061,391. 71 11,818,624.44 9,034,753. 54 2,980, 687. 50 1,531,625.00 8,745,546.88 4,874,366.46 2, 276,682.70 10,569,102.82 60,281,181.05 1,207,305,590.94 800,749,707.53 406,555,883.41 795,352,033.71 402,363,971.00 6,121,600.29 3, 540.30 1, 614.00 408,490,725.59 o E LIABILITIES AND SURPLUS FUNDS Due depositors: Outstanding principal, represented by certificates of deposit. Accrued interest on certificates of deposit Outstanding savings stamps _ Unclaimed deposits Accounts payable: Due Postal Service—interest and profits. Due discontinued depository banks Total liabilities. 1,187,183,373.00 16,592,663.70 63,887.60 2,835.00 1,724,805.89 112,969.34 1,203,842,759.30 784,819,402.00 10,471,063.41 60,347.30 1,221.00 s n 2,530,520.76 4,255,326.65 1,837,775.23 4,255,326. 65 1,205,680,534.53 799,607,360.36 112,969. 34 406,073,174.17 2,417,551.42 Surplus funds: Interest and profits (undistributed earnings) subject to future allocation of maturing interest charges 1,625,056.41 1,142,347.17 482,709.24 1,207,305,590.94 800,749,707.53 406,555,883.41 Comparative statement of interest-earning resources and interest-bearing liabilities for June 80, 1933 and 1982 O June 30,1933 Items June 30, 1932 Increase Decrease o RESOURCES—INTEREST-EARNING Working cash: Depository banks, per balance sheet Investments, per balance sheet _ $977,214,074.44 131,054, 752. 55 • $1,108,268,826.99 $682,002,878.75 70,773, 571. 50 • $752,776,450. 25 $295,211,195.69 60, 281,181.05 355,492,376.74 a o LIABILITIES—INTEREST-BEARING Due depositors: Outstanding principal, represented by certificates of deposit, per balance sheet Excess of interest-bearing liabilities— 1,187,183,373.00 784,819,402.00 402,363,971.00 78,914,546. 01 32,042,951.75 46,871,594.26 Comparative statement of interest and profits for the fiscal years ended June 80, 1988 and 1932 Items Credits: Interest on bank deposits. Interest on bond investments, less amortization charges Miscellaneous receipts _ Debits: Interest credited to depositors Allowances to postmasters: Losses by fire, burglary, etc Erroneous payments, uncollectible items, etc._ Final closing, previous year --_ Excess of income Fiscal year 1933 $20, 759,210.29 2, 778, 467.04 70.17 Fiscal year 1932 $12, 690,746. 56 2,036,443.16 401.46 $23, 537, 747. 50 Increase Decrease $8,068,463.73 742,023.88 $14, 727, 591.18 8,810,156.32 16,913,016.60 10, 244, 633.13 6,668,383.47 -4,056.03 2,209. 75 67,824.03 8,174.61 10.00 219,446.79 2,199.75 16,978,994.35 10,472,264.53 "6,566,729.82" 6,558,753.15 4,255,326.65 2,303,426. 50 12,230.64 ~15l~622.~76 co Summary of postal savings business for the fiscal year ended June SO, 1988y by States Balance to the credit of depositors June 30, 1932 State United States Alabama Alaska Arizona. _ Arkansas California, _ Colorado _ Connecticut _ Delaware District of Columbia Florida Georgia Hawaii.. Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire. New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Puerto Rico Deposits l Withdrawals *2 Balance to Increase in the credit of balances to depositors the credit of June 30,1933 depositors Savings stamps Sold Amount at interest in banks June 30, 1933 Redeemed Interest received from banks Interest paid depositors Amount of deposits surrendered for bonds $784,819,402 $1,191,977,500 $789,613, 529 $1,187,183,373 $402,363, 971 $45, 248.30 $41,708.00 $976,377,147.32 $20,759,210.29 $10,376,531.10 $18,380,020 ._ _. _. _ __ ___ 6,854,092 815,379 6,107, 877 8,626,250 46,538, 297 9,642, 714 9,171,118 407,108 1, 745, 597 27,876,010 9,374,163 137, 900 5,451,009 96,431,919 18,469,030 32,022, 366 10,477, 773 5, 205, 642 2,313, 393 713,030 1, 519, 686 30, 212, 302 39, 563,441 20,348,332 4, 062, 529 20, 226,188 9,855,618 13,425, 310 1,145,924 1,912,709 24,645, 687 3,074,700 81,779,461 10, 300, 724 5,864, 221 41, 337, 438 14,948,029 12,555,816 50,911,334 620,164 9,970,359 640,839 8,753, 454 12,065, 652 90,232,333 16, 729, 338 10,305, 540 471,312 9, 277,327 34, 716, 221 14,370,673 614, 295 8,380, 221 143,159, 241 31,343, 606 57,886, 744 16,935, 542 8,384,350 7,877,347 1,147,600 6,155,992 24,151,984 80,385,064 36,156,181 6,371,563 38,342, 586 9,925,130 18, 633, 932 2,741, 073 1,546,958 33, 669, 734 3,735, 554 116,069,828 14,410,475 7,016, 707 65,287, 695 20,456, 323 17,143, 731 57,308,404 1,530,190 7,332,908 585,811 7, 206,431 9,246,403 52,116, 797 10,478,816 6,978,889 355,874 3,360,185 32, 718,800 10, 269,829 313, 798 6,065,106 99,417,491 20,897,435 37,557,583 11,116,217 5,519,863 2,923,839 521, 542 2,087, 560 19,676,759 44,301,220 19, 216, 463 4,094, 777 22,755,939 8, 567,374 13, 773, 518 1, 739,921 1, 228,444 21. 570, 455 2,885, 431 74,889,869 10, 609,820 4,893,195 41,145, 646 15,021, 654 12,673,022 43,030,829 1,117, 710 9,491,543 870,407 7,654,900 11,445,439 84,653,833 15,893, 236 12,497,769 522, 546 7, 662, 739 29,873, 431 13,475,007 438, 397 7,766,124 140,173,669 28,915, 201 52,351,527 16,297,098 8,070,129 7, 266,901 1,339,088 5,588,118 34,687, 527 75,647,285 37,288,050 6,339,315 35,812,835 11,213,374 18,285,724 2,147,078 2,231, 223 36,744,966 3,924,823 122,959,420 14,101,379 7,987, 733 65,479,487 20,382, 698 17,026, 525 65,188,909 1,032,644 2,637,451 114.20 76.00 7,866,420. 70 55,028 3.00 869,892.81 1,547,023 54.00 67.10 5,747, 568.06 2,819,189 83.00 105.50 7,882,090.28 38,115,536 1, 596. 60 1,394. 00 105,467,095.37 6,250,522 406.40 332.00 10,118,045.20 245. 40 187.00 7,953,674.23 3,326,651 32.00 758,395.07 115,438 20.00 725.50 3,118,438. 55 5,917,142 701.00 798. 50 1,997,421 769.00 33,085,064.74 498.00 4,100,844 470.00 16,130,087.80 9.00 300,497 489,685.84 2.00 2,315,115 78.70 4,314,885.79 68.00 43,741, 750 2, 712. 40 2,388. 00 38,665,230. 20 627.10 10,446,171 434.00 21,191,380.33 445.80 20,329,161 352,00 25,044,762.41 201. 70 5,819,325 185.00 10,481,003.07 194. 20 4,674,058.82 2,864,487 175.00 116.40 109.00 7,643,132.98 4,953, 508 180. 50 157.00 652,316.45 626,058 206.40 6,784,394.36 4, 068,432 181.00 4,475,225 1,308.90 1,152.00 41, 296,352.01 36,083,844 950. 40 852.00 49,323,006.61 16,939, 718 384.10 338.00 25, 274,104.14 4,856,180.01 2,276,786 90.40 89.00 15, 586,647 743. 30 689.00 24, 623,494. 63 1,357, 756 206.60 181. 00 10,614,423.54 4,860,414 321.40 8,398,120.74 272.00 832,905.68 1,001,152 11.70 10.00 2, 075,194.11 318, 514 155. 70 140.00 12,099, 279 1, 528. 20 1,387.00 45, 540,397.56 850,123 2,226,938.06 33.00 29.00 41,179,959 5,844. 30 5,838.00 127, 239, 556. 66 3,800, 655 158,00 10,148,041. 27 161.90 2,123, 512 97.80 107.00 5, 575,150. 20 24,142,049 1,059.00 981.00 57, 451,819. 20 341. 50 5, 434, 669 301.00 16,912, 549.07 4, 470, 709 295. 70 252.00 16, 669,888.22 14, 277, 575 2,419. 00 2, 259.00 96,863,927.97 243,841.85 412,480 17,180. 20 16,110.00 91,391.73 179,641.37 13,602.52 21,011.03 71,007.02 125,920.73 115,381.93 191,514.58 595,793.59 1,807,260.61 143.396.63 246,573.70 96,987.80 186, 792.12 5,430.35 10,248.61 21.777.43 69,125.14 388,585. 75 768,342.40 134,407.27 303,079.11 1,263.81 7,383.76 81,402. 50 113,808.34 ' 1, 215,149. 64 1, 111, 272.74 244,096.37 455,950.73 478,791.47 653,123.46 261, 268.93 155,099. 22 70,545. 24 108,391.09 30, 209.55 149,824.40 7,446.32 16,619. 75 98,742.99 18,058.63 851,195.03 305,880.00 1, 268, 592.31 544, 696.07 564,755.19 298,229.45 98, 248.29 48,868.05 525,654.57 287, 740. 97 258,143.41 149,488.41 218,066.56 190,660.49 19,949. 73 14,144.58 22.874.44 46,281. 25 285,317.14 852, 552. 61 58, 718. 24 47,336. 35 2, 450,361.11 1, 200, 762. 78 232,973. 79 119,415.11 131,991.42 80, 767.03 536.922.64 1,339, 738.50 212,760.31 385,790.70 182, 500. 37 366,052.67 644,428.83 1,581,846.14 3,802.87 7, 413. 66 116,020 31,420 96,700 201,720 1,423,780 328,400 47,460 1,000 232, 780 340, 680 129, 720 2,100 73,660 1,953, 520 757,180 1,141,320 537,040 254,800 42,800 37,140 118, 020 166,420 1, 365, 420 917, 540 51, 620 759, 320 255,840 452,480 49,000 16, 620 169, 500 37,100 323,900 202,060 173, 500 1,388, 720 323,800 370, 780 1,016, 560 Bhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Virgin Islands, United States Washington West Virginia Wisconsin Wyoming __. 1,480,306 10,115,186 9,815,230 4,818,352 20,282,472 2, 763, 562 234,296 3,353,321 1,533,520 13,704,717 11,625,438 9,739,080 27,834,727 3,109, 746 342,929 4,974,136 1,028,853 11,067,888 9,444,773 5,211,399 20,351,515 2,246,159 176, 783 2,954,879 1,934,973 12,752,015 11,995,895 9,346,033 27,765, 684 3,627,149 400, 442 5,372,578 504, 667 2,636,829 2,180, 665 4,527, 681 7,483,212 863,587 166,146 2,019,267 261.10 270.20 264.60 190.10 653. 40 65.80 58.10 127.80 236.00 228.00 224.00 217.00 583. 00 59.00 51.00 94.00 1, 594,103. 36 10, 294,179.92 8,457, 298. 32 8,172,588. 63 24,487,263.99 3,388,918.63 181,894. 27 4,086,352.17 35,138.03 239,450.69 213,330.51 173,863. 35 558,670.95 75,383.71 3,668. 26 76,171.65 15.536.21 128,505.99 149,355.42 59,832.50 266,113.07 29,150.35 2,962. 61 35, 575.34 40,493 25,480,737 6,004,119 9,906,603 3,884,445 28,103 33,158,867 6,422,195 30,880,400 4,322,544 27,666 25,438,242 4,925,383 12,804,135 3,672,571 40,930 33,201,362 7, 500,931 27,982,868 4,534,418 437 7,720,625 1, 496,812 18,076, 265 649,973 40.60 261.10 82.20 357.80 128.00 35.00 237.00 70.00 266. 00 126.00 25, 401, 665.94 8, 861, 261.08 13,879,159.18 2, 468,947. 24 14.45 611,293.97 190,097.15 275.202. 82 62,437.87 444.54 366,655.76 76,939.86 130,427.69 58.877.22 5,500 298,520 201,940 137,540 514,660 43, 780 4,500 140,180 484,880 441, 580 105, 620 8 3- i These totals include the amount of $25,650,853 transferred between depository offices. > These totals include $1,614 written off postmasters' accounts current as unclaimed. in 8 O tr1 I CO CO 140 BEPORT OF THE COMPTROLLER OF THE CURRENCY SCHOOL SAVINGS BANKING Statistics relative to school savings banks in the various States and the District of Columbia for the school years ended 1932 and 1933, with comparative yearly totals beginning with the school year ended 1920, are shown in the following tables: School savings, by States, 1931-32, and 1932-33 [Compiled by the Savings Bank Division of the American Bankers' Association] Number of schools Number participating Deposits Net savings States .931-321932-33 1931-32 1932-33 1931-32 1932-33 1931-32 1932-33 United S t a t e s - 12,686) 10,890 3,106,510 3,080,685$17,680,364.92 $10,332,569.55 $2,926,902.12 $2,315,252.21 65 Alabama— Arizona... Arkansas f 2,432 California. 3 Colorado 449 554 Connecticut 64 68 Delaware District of Colum42 41 bia - . . 25 Florida.... 25 61 Georgia... 113 63 Hawaii 0) 6 Idaho 36 249 Illinois-.. 416 146 Indiana... 198 99 Iowa 205 15 18 Kansas 25 21 Kentucky. 19 Louisiana. 284 342 Maine 109 108 Maryland. 856 Massachusetts... 1,091 200 337 Michigan 274 360 Minnesota Mississippi 2 185 197 Missouri 3 Montana Nebraska. 4 2 Nevada 107 123 New Hampshire. 640 695 New Jersey N6 10 New Mexico 1,428 1,426 New York 33 45 North Carolina.. 20 20 North Dakota.... 417 470 Ohio 6 60 Oklahoma. 100 112 Oregon 1,359 1,687 Pennsylvania 326 Rhode Island South Carolina *. 44 33 South Dakota 35 35 Tennessee. 220 237 Texas Utah 7 8 25 Vermont.. 47 90 Virginia 126 Washington 181 101 West Virginia.... 122 232 Wisconsin., 314 Wyoming.. iLoss. 2 No report. 22.820 18,733 200 122,750.35 0) 77,086.95 89.81 6T543.88 (2) » 29,758.23 47.36 421,920 430,667 1,099,064.50 1,041.15 466 419 112,740 102,555 656,713.20 32,335 31,183 130,747.27 812,854.45 1691,103.90 1 219,754.47 483.16 543,414.13 1 54,378.09 142,233.25 78,369.37 1 46,545.65 145,028.29 45,190.95 43,273.28 141,222.97 25,912.08 45,190.95 26.206.74 1 9,444.50 i 19,559.62 84,207.00 115,409.23 » 31,720.33 42.244.75 (2) 42,244.75 1 364.42 630.41 3,331.52 227,060.51 1 207,911.65 i 129,916.63 91,251.38 ^92,472.82 i 74,610.60 76,190.45 180,351.81 182,689.87 27,904.18 16,002.46 i 6,629.63 4,484.51 1873.07 12.631.96 4,902.40 77,738.07 50,096.15 10,184.25 68,817.26 99,454.40 61,080.40 634,580.69 260,238.14 78,526. 52 86,309.77 1205,973.04 1 143,116.45 326,392.15 18,427.62 i 79,469.32 1,997.98 107.00 911.46 146,658.63 21,539.30 195,168.83 5,169 17,955 35,788 3,564 108,198 61,669 50,774 5,112 2,390 1,405 35,620 41,390 220,594 89,507 129,804 834 67,094 4,322 16,701 18,895 3,858 931 70,824 38,726 23,474 4,274 1,707 <*> 25,311 40,853 146,962 47,627 98,060 316 59,160 31' 7,782 233,520 2,595 271,920 15,213 1,107 103,710 7,351 73,768 529,408 112,724 3,379. 3,550.35 612 1,012.55 700.20 6,974 35,412.85 23,908.1! 162,728 1,307,957.59 816,309.76 2,101 1,433.69 9,271.89 763,755 4,443,619.37 2,153,698. 53 5,573 52,902.17 27,151.89 934 7,041.47 4,010.76 106,761 517,180.60 361,101.03 958 12,258.56 1,190.01 67,499 236,763.62 132,184.86 432,497 2,851,066.51 1,904,410.31 111,887 745,703.92 533,855.79 7, 10,863 64,527 576 899 25,587 74,044 24,707 70,97' 6,058 6,920 72,205 1,696 1,428 12,908 19,082 49,695 12,471.11 635,813.35 242,417.63 203,221.30 33,420.15 7,978.28 16,727.36 130,455.52 92,265.22 953,284.34 357,455.28 488,555.04 3,797.13 446,827.48 60,157.59 107,351.49 265,919.38 1,952.42 4,989.52 144,849.64 478,867.99 87,311.58 448,537.02 3 11,412.20 452.87 7,649.07 1165,482.11 1558.88 1 45,616.99 15,215.55 2,284.71 1149,842.36 19,414.27 i 102,422.27 1,015,404.23 1180,809.5*5 11,385.99 452.95 166a 80 »229,503.08 2,616.91 28,131.95 1 3,790.60 359.79 1169,048.69 1906.13 166,646.07 1484,009.90 * 182,147.86 42,683.21 118,027.26 119,651.84 74,201.86 i 16,910.24 183,870.00 185,368.43 125,579.49 12,636.24 1,475.04 12,578.31 1445.09 1,201.89 300.91 882.03 65,513.91 4,547.09 122,299.59 297,308.77 1151,228.90 1119,160.28 50,533.99 114,089.96 1 12,304.05 181,131.92 1107,352.09 1151,869.85 1,188.54 No report since 1928-29. * No report since 1926-27. RBPORT OF THE COMPTROLLER OF THE CURRENCY 141 School savings, by States, 1981-32, and 1982-88—Continued TOTALS—UNITED STATES Number of Number participating schools 1932-33 1931-32 1930-31 1929-30 1928-29 1927-28 1926-27 1925-26 1924-25 1923-24 1922-23 1921-22 1920-21 1919-20 iLoss. - - - - - —— - 10,890 12,686 14,628*4 14,610H 14,254H 13,835 12,678 11,371 10,163 9,080 6,868 4,785 3,316 2,736 Deposits 3,080,685 $10,332,569.55 3,106,510 17,680,364.92 4, 482,634 25,977,216.41 4,597,731 29,113,063.48 4,222,935 28, 672, 496.00 3,980,237 26,005,138.04 3,742,551 23,703,436.80 3,403,746 20,469,960.88 2,869,497 16,961,560.72 2,236,326 14,991, 535.40 1,907,851 10,631,838.69 1,295,607 5,775,122.32 802,906 4,158,050.15 462,651 2,800,301.18 Net savings i $2, 315,252. 21 12,926,902.12 2,167,499.58 7,690,529.68 10,539,928.46 9,476,391.32 9,464,178.93 8,770,731.05 7, 779,992.55 8,556,991.27 EXPENSES OF THE CURRENCY BUREAU By reference to the table following, showing in detail expenses relating to the maintenance of the Currency Bureau for the fiscal year ended June 30, 1933, it will be noted that the aggregate expenses were $6,078,329.56, of which $861,972.35 was paid from appropriations and $5,216,357.21 reimbursements by the banks. The salary rolls aggregated $805,013.77, pi which $231,238.11 was paid from appropriations and the remainder from funds reimbursed by the banks. Taxes paid by national banks on circulating notes issued amounted to $3,415,840.63. Deducting from this amount the expenses of the Bureau paid from congressional appropriations, $861,972.35, leaves the net income to the Government on account of the tax on circulation at $2,553,868.28. Expenses incident to maintenance of Currency ^Bureau and net income derived by the Government from taxes on national-bank notes, fiscal year ended June SO, 1983 Expenses paid from appropriations Salaries: Regular roll, including retirement deductions National currency reimbursable roll, including retirement deductions . .. .. Federal Reserve issue and redemption division, including retirement deductions - Insolvent national bank division roll, including retirement deductions Total salaries -. - — - - . . - ... General expenses: Printing and binding . .. Stationery — Amount expended for light, heat, telephone, telegraph, furniture, labor-saving machines, etc., partially estimated -- . ; Total general expenses - Expenses reimbursed by banks Total expenses $231,238.11 $50,335.46 56,716.20 466,724.00 23,494.48 5,435.69 15,067.17 6,867.74 5,128.67 83,291.18 $805,013.77 139,284.93 142 BBPORT OF THE COMPTROLLER OF THE CURRENCY Expenses incident to maintenance of Currency Bureau and net income derived by the Government from taxes on national-bank notes, fiscal year ended June SO, 1933—Continued Expenses paid from appropriations Currency issues: National-bank notes: Paper , Printing, etc Plates (reimbursed) Federal-reserve notes and bank notes: Paper Printing, etc Plates Total currency issues —— Expenses on account of national bank examining service, paid by banks Postage on shipments of national-bank notes Postage on shipments of Federal Reserve notes and bank notes. Insurance on shipments of national-bank notes Insurance on shipments of Federal Reserve notes and bank notes Surcharge paid on consignments Total expenses paid from appropriationsTotal expenses reimbursed by banks. Total expenses Expenses reimbursed by banks $72,043.18 524,632.22 Total ex- $22,547.00 162,496.10 968,318.00 120,435.90 $1,870,472.40 861,972.35 2,495,408.82 152,680.18 2,495,408.82 152,680.18 147,361.34 17,429.45 147,361.34 17,429.45 94,260.99 356,417.68 94,260.99 356,417.68 5,216,357.21 6,078,329.56 Tax paid by national banks on circulating notes $3, 415, 840. 63 Total expenses of Currency Bureau paid from congressional appropriations 861, 972. 35 Net income to Government from taxes on circulation Respectfully submitted. 2, 553, 868. 28 J. F. T. O'CONNOR, Comptroller oj the Currency. To the SPEAKER OF THE HOUSE OF REPRESENTATIVES. APPENDIX 143 145 EEPOBT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of appointment and resignation, and States whence appointed No. Date of appointment Name Date of resignation State COMPTROLLERS OF THE CURRENCY McCulloch, Hugh Clarke, Freeman Hulburd, Hiland R Knox, John Jay Cannon, Henry W Trenholm, William L_._. Lacey, Edward S Hepburn, A. Barton Eckles, James H Dawes, Charles G Ridgely, William BarretMurray, Lawrence O Williams, John Skelton.. Crissinger, D . R Dawes, Henry M Mclntosh, Joseph W Pole, J. W O'Connor, J . F . T May Mar. Feb. Apr. May Apr. May Aug. Apr. Jan. Oct. Apr. Feb. Mar. May Dec. Nov. May 1,1898 1,1901 28,1908 2,1914 17,1921 1,1923 20,1924 21,1928 11,1933 May Aug. Mar. Aug. Jan. Jan. Aug. Apr. Mar. Sept. June July May July Jan. July July Dec. Jan. 12,1867 8,1872 5,1886 27,1887 11,1890 7,1893 12,1896 1,1898 29,1899 1,1908 21,1923 1,1923 6,1925 1,1927 6.1927 1.1928 24,1933 9,1863 21,1865 1,1867 25,1872 12,1884 20,1886 1,1889 2,1892 Mar. 8,1865 July 24,1866 Apr. 3,1872 Apr. 30,1884 Mar. 1,1886 Apr. 30,1889 June 30,1892 Apr. 25,1893 Dec. 31,1897 Sept. 30,1901 Mar. 28,1908 Apr. 27,19131 Mar. 2,1921 Apr. 30,1923 Dec. 17,1924 Nov. 20,1928 Sept. 20,1932 Indiana. New York. Ohio. Minnesota. Do. South Carolina. Michigan. New York. Illinois. Do. Do. New York. Virginia. Ohio. Illinois. Do. Ohio. California. DEPUTY COMPTROLLERS OF THE CURRENCY Howard, Samuel T___. Hulburd, Hiland R_.Knox, John Jay_.^ Langworthy, John S_. Snyder, V. P Abrahams, J. D Nixon, R.M.i Tucker, Oliver P Coffin, George M Murray, Lawrence O . Kane, Thomas P Fowler, Willis J Mclntosh, Joseph W_. Collins, Charles WT_.__ Stearns, E . W Await, F . G Gough, E . H Proctor, John L Lyons, Gibbs i Term expired. 9,1863 Aug. 1,1865 1,1865 Jan. 31,1867 Apr. 24,1872 Jan. 3,1886 Jan. 3,1887 M a y 25,1890 Mar. 16,1893 Mar. 11,1896 Aug. 31,1898 June 27,1899 Mar. 2,1923 2 Feb. 14,1927 Dec. 19,1924 June 30,1927 Nov. 30,1928 2 Jan. 23.1933 New York. Ohio. Minnesota. New York. Do. Virginia. Indiana. Kentucky. South Carolina. New York. District of Columbia. Indiana. Illinois. Do. Virginia. Maryland. Indiana. Washington. Georgia. Died Mar. 2, 1923. TABLE N O . 2.—Names and compensation of officers and clerks in the Office of the Comptroller of the Currency, Oct. 31, 1933 Name Quinn, Edmund F Gross, Clyde E Kane, William A Avery, Antoinette Marble, George R Offutt, William F Johnston, Edna E Thompson, George Reese, William H Verrill, Harry M Bock, Carl Tucker, Samuel M Ellis, H. B Herndon, John W Buell, Willard E Hanlon, Margaret T Lewis, John O Basinger, Walter S O'Mara. Vera L Tylor, Gertrude I Whelan, Marjorie B Reed, S. E Lovelly, Laura F Jones, Margaret E O'Brien, May F Designation Administrative offi cer Administrative assistant Senior administrative assistant., .do .do.. Junior administrative assistant., .do .do.. _do_. .do.. _ •_• Principal clerk Junior administrative assistant. Principal clerk do. do_. Senior clerk, do. Principal clerk. Senior clerk Principal clerk, .do.. Senior clerk. Clerk Senior clerk. Clerk Salary $4, 800 3,600 3,400 3,300 3,300 2,900 2,800 2,800 2,700 2,700 2,700 2,600 2,600 2,500 2,400 2, 400 2,400 2,300 2,300 2,300 2,300 2,200 2,160 2,100 2,040 146 KEPOKT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 2.—Names and compensation of officers and clerks in the Office of the Comptroller of the Currency, Oct. 31, 1933—Continued Designation Name Bentley, Thomas B__. Hcizer, Helen V Horsey, Olga S_ Friedrichs, Minna K— Jump, Mollie C Puinphrey, Carrie B._. Andrews, Ettie F Haley, John R_ _._. Hilleary, Rua Harris, John E___ King, Dorothy C Erickson, Bertha V Heizer, Nannie B Munnerlyn, Joseph A. Nolan, Lida A Smith, Helen M Beall, Clara M Jamieson, William G.Lowell, Harriet P. Gorham, W. Abbott Haygood, Ethel Bales, Anna SDelia L. Brumbaugh, Buckley, Regina C... Chisholm, Elizabeth Colburn, Nellie A Hopkins, Edna I Magmder, Edith P Nichols, Sada C Schiller, Ernestine H_. Walker, Johanna S Mortimer, Mary H Baldwin, Wallace N__ Burlingame, Delia J... Hewson, Ella Jorgenson, John A Barry, Gertrude I Crocker, Henry A. D. Haymon, N. Mabel_._ Mallet, Katherine H._ McCrone, Clara O'B_. McKinney, Elva L_ Quackenbush, Dorothy S Tschiffely, Lacey B. R Dodge, Victor H Dailey, William Caudell, Mary L Mueller, Pauline. Smith, Clara E Watts, Metta F Sazama, Alice R. McPherson, Mabel E Glenn, Frances Moncure. Barksdale, George T C ana van, Josephine M.__. Croson, Maud B Kellam, Margaret M McFadden, Arthur M.._. Mundie, James F Shaffer, Dorothy L Wilson, Mildred C Wolfe, Alice M Ford. Ethel D Herring, Sarah E Parsons, Ruth Ethridge, Elsie E Fox, Bessie E Fubershaw, Miriam Shea, Catherine L Treuthart, Hubert Hatter, Madeline B Kidd, Jeannette B Moore, May LaPorte O'Donnell, Josephine A__ Parsons, Edith N Frock, Annie C Harleston, Catherine Chiles, Charles R Elmore, Annie L _ Taylor, Mathilda S Senior clerk... .....do Senior clerk-stenographer Assistant clerk do Clerk-stenographer Clerk Senior clerk Clerk-stenographer Assistant clerk d do ....do do Head typist Senior operator, office devices. Clerk, Clerk-stenographer | do_. Assistant clerk. I j | do. do. do. Assistant clerk-stenographer.. Junior clerk do do .... do Assistant clerk do do do do do do. ' do.. Assistant clerk-stenographer.. Junior clerk Assistant clerk .do. do | do. Assistant clerk-stenographer Senior stenographer Junior clerk Assistant clerk do .....do ....do do do do do Assistant clerk-stenographer.__ do do Senior stenographer.__ do do do Assistant clerk-stenographer. _ _ Senior operator, office devices. _ do Senior operator, office devices.. Junior clerk Senior typist Counter clerk do Uncier clerk Junior clerk do Salary $2,000 2,000 2,000 1,980 1, 980 1,980 1,920 1,920 1,0.20 1, 863 1, 860 1,860 1, 860 1,860 1,860 1,860 1, 860 1,860 1, 860 1,800 1,800 1,800 1,800 1,800 1, 800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,740 1,740 1,740 1,740 1,740 1, 740 1,740 1,740 1,740 1,740 1, 680 1,680 1,680 1,680 1,680 1,680 1,680 1,620 1, 620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 1,620 • 1,620 1,620 147 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 2.—Names and compensation of officers and clerks in the Office of the Comptroller of the Currencyf Oct. 31, 1933—Continued Designation Name Chamberlain, Robert J_ Kemether, Eva C Wood, Kathleen Dillard, John Marks, Grace J Shely, Myrtle B White, Grace M Brown, Edith L Weeks, George W Dillon, Minnie L Curtin, Anna E Whiteman, Edgar Arvidson, Ruth V Brannock, Burneta Smith, Mabel W Sheward, Adelaide EL__ DuRant, Anna K Dutrow, Mary H Duvall, Grace N Mennel, Theresa Reese, Aline Roberts, Victoria Miller, Bellum Simms, Harry E Haley, Mary C Settle, May C. W Blount, Joseph T Carroll, John I Cover, Thomas A Jones, George S Mims, Alvin E_ Holland, Thomas Taylor, John H Mann, Harry C Gervais, Gladys E Hill, Edgar W Thompson, Frank Doucet, EvaH Hurd, Agnes E Robinson, Bessie N Simber, Marie C Sullivan, Etta J Barrett, Lester J Berkley, Guy H Jackson, Emmitt G Jackson, Hamp Tillman, Melvin Taylor, Mary F Williams, Beatrice Salary Junior operator, office devices. do Junior clerk Under clerk Money counter Junior clerk-typist do Junior clerk Junior mechanic Counter clerk Money counter Messenger . . . Junior stenographer _ Junior operator, office devices do Junior clerk Money counter do do do do $1,560 1,560 1,560 1,560 1,560 1,500 1,500 1,500 1, 500 1,500 1,500 1,500 1,440 1,440 1,440 1,440 1,440 1,440 1,440 1,440 1,440 1,440 1,380 1,380 1, 380 1,380 1,380 1,380 1,380 1,380 1,380 1,380 1,380 1,320 1,320 1,320 1,320 1,260 1,260 1,260 1,260 1,260 1,260 1,260 1,200 1,200 1,200 600 600 •__ do Under clerk do Money counter do Messenger do. do. do. do- __| Senior laborer. | do Under clerk Money counter Messenger Senior laborer Money counter ....do ....do .. .....do Messenger do do do ....do Minor domestic attendant. ....do TABLE N O . 3.—Number of national banks organized, since Feb. 25, 1863, number passed out of the system, and number in existence Oct. 31, 1933 Under act of Feb. 25, 1863 Underact of June 3, 1864, as amended Under gold currency act of July 12, 1870 Under act of Mar. 14, 1900. _— Total number of national banks organized Number reported in voluntary liquidation Number passed into liquidation upon expiration of corporate existence _ Number consolidated under act of Nov. 7, 1918 Number placed in charge of receiver i_ 1 456 8,602 10 4,752 . 5,039 208 378 2, 396 13,820 Total number passed out of the system 8,021 Number now in existence 5,799 Exclusive of those restored to solvency. 148 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 4.—Authorized capital stock of national banks on the 1st day of each month from Jan. 1, 1929, to Nov. 1, 1933, United States bonds on deposit to secure circulation, circulation secured by bonds on deposit, the amount of lawful money on deposit to redeem circulation, and national-bank notes outstanding, including notes of national gold banks [For prior years see annual reports 1920 and 1931] Date January. _. February _. March April May June July__ August September. October November. December.. NumUnited Circulation ber of Authorized States bonds secured banks capital stock, on deposit by United in existcommon to secure States ence circulation bonds 1929 Total nationalbank notes outstanding 7,687 7,666 7,643 7,628 7,601 7, 599 7,587 7,565 7,539 7,521 7,506 7,486 1, 636, 452, 948 667, 013, 340 1,639, 865, 948 667, 486, 340 1,670,265, 948 666, 432, 090 1,659, 418, 448 666,630, 890 1, 625, 654, 448 666, 221, 390 1,626, 902, 040 666, 233,140 1, 635, 308, 915 666,199,140 1,669, 218,815 666,407,040 1,679, 991, 015 666, 864, 280 1, 676, 066, 015 667,093, 770 1,686, 251, 665 666, 736,100 1,692, 229,165 667,635, 650 662, 904,627 662,455,487 659,651, 580 661, 924,472 663, 364, 517 663, 328, 203 662, 773, 570 657, 764, 443 649, 297, 900 652, 823,980 661,822, 047 664,115,977 35,877,502 698,782,129 34,822, 732 697, 278, 219 35,231,759 694,883,339 36, 750, 627 698, 675, 099 38, 720, 772 702,085,289 39.651, 731 702, 979, 934 41, 520, 872 704, 294, 442 39, 707, 550 697, 471, 993 687, 950, 563 38.652, 573 691, 388, 665 38, 564, 685 700, 328,815 38,506,768 37, 465,128 701, 581,105 7,472 7,440 7,412 7,372 7,361 7,335 7,311 7,277 7,262 7,243 7,218 7,185 1, 714, 224, 015 667, 774,650 1, 715, 527, 415 667, 464, 790 1, 718,132, 565 667,108,740 1, 717,107,165 667, 251,240 1, 713, 508,165 667,650, 750 1, 754, 760, 629 667,156, 250 1, 753, 790, 629 666, 824, 750 1, 752, 883,129 666,406, 250 1, 753, 458,129 667, 320, 950 1, 748, 968,129 667,819, 250 1, 748, 495, 629 669,128, 450 1,741, 729,668 669, 222, 350 663,823,167 664, 468, 092 664, 928,197 665,107,343 665, 974, 780 665, 719, 485 665,607,070 663, 528,038 664, 838, 833 665,853, 557 668, 017, 935 668,033,075 34,118, 073 32,115,298 31,669, 548 31,066, 745 31, 225, 248 31,933,193 32,710,398 33, 025,390 32,984,335 33,414,773 32,137,965 31,911,805 697, 941,240 696, 583,390 696, 597, 745 696,174,088 697, 200,028 697, 562,678 698,317,468 696, 553,428 697,823,168 699,268, 330 700,155,900 699,944,880 7,144 7,097 7,049 7,004 6,982 6,937 6,886 6,841 6,790 6,744 6,619 6,564 1, 737, 079,668 668, 550,850 1, 732,131, 068 666, 204, 350 1, 728, 321, 068 667,434,800 1, 725, 826, 068 667, 982, 300 1, 724, 821, 068 668, 503, 700 1, 718, 432,146 667, 419,300 1, 713, 822,146 667,154,800 1, 709, 282,146 668, 305,100 1, 705, 277,146 667,950,100 1,697, 752,146 667, 098, 590 1,660, 760,146 665, 255, 340 1,633, 380, 350 660,625,090 667, 078,250 664,451,097 664, 220,805 666, 770,878 665,889,688 665, 591, 438 666, 594, 576 666,020, 536 665,271,853 665,182, 578 658,491,916 31,358,445 31,939,068 33, 892, 703 32, 566, 685 31, 278,173 30, 709,438 31, 413, 008 31, 911,240 32, 239, 745 32,861, 923 33,826,453 43,896,465 698, 436, 695 696, 390,165 698,113,508 699, 249, 583 698, 049, 051 696, 599,126 697, 004, 446 698, 505,816 698, 260, 281 698,133, 776 699,009,031 702,388,381 6,411 6,339 6,307 6,278 6,255 6,205 6,172 6,145 6,128 6,104 6,081 1,644,834, 765 666,474, 590 1,635,615, 265 660,409, 240 1,608,392, 765 664, 944, 440 1,605, 062, 765 667,669,240 1,602, 337,815 668,882,490 1, 598, 067,815 669,827, 590 1, 589, 685,815 670,487, 590 1, 576, 995,815 672,408,440 1, 574, 254,815 733,600,490 1, 571, 709, 825 780,377,630 1,645, 519, 825 799,672, 590 1,641,824,825 812,590, 590 664, 798,311 654,580,738 665,138,348 666, 238, 578 666, 472, 241 668, 580,423 669, 570,345 667,831,250 719,829,513 769,831,107 787,913,945 796,032,621 45,813, 585 61,183,878 67,238,875 71,700,685 71,523,840 70,036,500 67,103,868 66,046,173 63,5T6,840 62,191,678 75,161,955 79,848,287 710,611,896 715,764,616 732,377,223 737,939,263 737,996,081 738,616,923 736,674,213 733,877,423 783,406,353 832,022, 785 863,075,900 875,880,908 6,049 5,999 5,964 5,953 5,944 5,941 5,946 5,940 5,914 5,884 5,799 1,640,249,825 796,908,870 1, 630, 569, 825 796,069, 670 1, 624, 864, 825 806,026,070 1, 629,060, 825 885,871, 740 1,631,738,325 899,410, 240 1, 599,853, 325 897, 952, 290 1, 597, 369, 675 856,394, 230 1,602,829, 625 852, 529,890 1, 597, 612, 625 855, 781, 930 1, 596,967, 825 857, 210,430 1,587, 047,825 852, 631,430 786, 734,150 786,034,870 800,885,900 875,820,165 893,199, 238 864, 590, 423 853, 935, 968 848, 207,263 851,509,995 852,464,810 849,453, 595 94, 596,698 95, 111, 140 93,435,155 90,840,375 88,832,155 116,072,980 116, 665,120 118, 426, 910 114,422,100 110, 533, 735 112,094,540 881,330,848 881,146,010 894,321,055 966, 660, 540 982,031,393 980, 663,403 970, 601,088 966, 634,173 965,932,095 962,998, 545 961, 548,135 1930 January.._ February __ March April May.. June July August September. October November. December.. Lawful money on deposit to redeem circulation 1931 January... February. _ March April May June July August September. October November. December.. 1932 January... February- _ March April May June July August September. October November. December.. 1933 January... February.. March April May June July August September . October November.. NOTE.—Notes redeemed but not assorted not included in circulation outstanding. NOTE.—New series of notes included since July 1929. REPOKT OF THE COMPTROLLEK OF THE CURRENCY 149 TABLE NO. 5.—National hanks reported in liquidation from Nov. 1, 1932, to Oct. 81, 1983, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital Name and location of bank The Farmers National Bank of Canton, Pennsylvania (9317), absorbed by The First National Bank of Canton The Tillamook National Bank, Tillamook, Oregon (13192), absorbed by The First National Bank of Tillamook _ The Wynona National Bank, Wynona, Oklahoma (12052).. The First National Bank of Altona, Illinois (11331), succeeded by The Altona National Bank, Altona _ The First National Bank of Hindsboro, Illinois (5538), absorbed by The Oakland National Bank, Oakland, 111 The National Bank of Commerce of Los Angeles, California (12755) The First National Bank of Vacaville, California (9795), absorbed by Bank of America National Trust and Savings Association, San Francisco, Calif.. The Ensley National Bank of Birmingham (p.o. Ensley), Alabama (12906), absorbed by Ensley Bank & Trust Company, Ensley The Commercial National Bank of Bellflower, California (12754), absorbed by The First National Bank of Bellflower The First National Bank of Bristol, Tennessee (2796), succeeded by The First National Bank in Bristol The First National Bank of Appleton City, Missouri (2636), succeeded by Citizens Bank of Appleton City The Citizens National Bank of Houghton, Michigan (5896), absorbed by The Houghton National Bank, Houghton The Citizens National Bank of Navasota, Texas (5190), absorbed by The First National Bank of Navasota The American National Bank of Fort Towson, Oklahoma (11256) First National Bank in Coeur d'Alene, Idaho (13288), absorbed by American Trust Company of Coeur d'Alene The Vale National Bank, Vale, Oregon (12262), absorbed by Ontario National Bank, Ontario, Oreg First National Bank in Aurora, Oregon (10619), succeeded by Canby Union Bank, Canby, Oreg The First National Bank of Kirkwood, Illinois (2313), absorbed by The National Bank of Monmouth, 111 The Sabinal National Bank, Sabinal, Texas (7807), absorbed by The Sabinal State Bank, Sabinal The First National Bank of Del Kio, Texas (5294), absorbed by Del Rio National Bank, Del Rio The Lehigh Valley National Bank of Bethlehem, Pennsylvania (2050), absorbed by The First National Bank and Trust Company of Bethlehem The First National Bank of Donora, Pennsylvania (5835), succeeded by The Union National Bank of Donora Hartshorne National Bank, Hartshorne, Oklahoma (13100), succeeded by Bank of Hartshorne, Hartshorne The First National Bank of Comanche, Oklahoma (6299), absorbed by Security State Bank of Comanche The Matoaka National Bank, Matoaka, West Virginia (12839), absorbed by The Bank of Matoaka, Matoaka... The Citizens National Bank & Trust Company of Watertown, South Dakota (3349), absorbed by The First National Bank and Trust Company of Watertown, Watertown The First National Bank of Bushnell, Illinois (4709), absorbed by Farmers & Merchants State Bank, Bushnell The First National Bank of Steele, North Dakota (8997), succeeded by Bank of Steele The National Bank of Witt, Illinois (13144), succeeded by The Security National Bank of Witt The First National Bank of Paden, Oklahoma (11824), absorbed by The Prague National Bank, Prague, Okla The First National Bank of Whitney, Texas (7875), succeeded by First National Bank in Whitney ..__ The First National Bank of Medford, Wisconsin (5695), absorbed by The State Bank of Medford . The First National Bank of Kerens, Texas (7529), succeeded by First National Bank of Kerens _________ The First National Bank of Pickton, Texas (12915), absorbed by The First National Bank of Winnsboro, Texas The First National Bank of Sonora, California (7202), absorbed by Tuolumne County Bank of Sonora. The Ouachita National Bank of Monroe, Louisiana (8654), succeeded by The Ouachita National Bank in Monroe The National Bank of Rising Sun, Indiana (1959), succeeded by Citizens State Bank, Rising Sun ., . The Stock Yards National Bank of Chicago, Illinois (12493), absorbed by The Stock Yards Trust and Savings Bank of Chicago The Alpha National Bank, Alpha, New Jersey (12823), absorbed by The Phillipsburg National Bank and Trust Company, Phillipsburg, N. J First National Bank in Sulphur Springs, Texas (12845), succeeded by First National Bank of Sulphur Springs. The First National Bank of Great Bend, Kansas (3363), absorbed by American State Bank of Great Bend Date of liquidation Capital Nov. 1,1932 $50,000 Oct. 31,1932 Nov. 10,1932 50,000 25,000 Nov. 5,1932 50,000 Nov. 22,1932 Nov. 1,1932 35,000 500,000 Nov. 22,1932 50,000 Nov. 10,1932 200,000 Nov. 29,1932 do Jan. 13,1932 Dec. 25,000 250,000 55,000 1,1932 100,000 Nov. 29,1932 Nov. 19,1932 100,000 25,000 do 100,000 Nov. 15,1932 50,000 Oct. 15,1932 25,000 Dec. 1,1932 50,000 Dec. 10,1932 100,000 ....do 100,000 Dec. 19,1932 400,000 Dec. 12,1932 125,000 Dec. 4,1930 50,000 Dec. 16,1932 25,000 June 21,1932 25,000 Jan. 3,1933 100,000 Dec. 21,1932 75,000 Dec. 28,1932 25,000 Jan. 10,1933 50,000 31,1932 25,000 Jan. 10,1933 Dec. 50,000 Jan. 11,1933 50,000 Jan. 18,1933 50,000 Jan. 19,1933 Dec. 25,000 19,1932 150,000 Jan. 10,1933 600,000 Jan. 24,1933 100,000 Jan. 10,1933 2,000,000 do 25,000 ..do.. 100,000 -do. 150,000 150 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 5.—National banks reported in liquidation from Nov. 1, 1932y to Ocl- 31, 1933, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Continued Name and location of bank Date of liquidation Capital The Commercial National Bank of Shreveport, Louisiana (3600), succeeded by Commercial National Bank in Shreveport Jan. 10,1933 $1,000,000 The First National Bank of Oran, Missouri (12907) _ 25,000 Feb. 1,1933 The First National Bank of Parkersburg, West Virginia (180), succeeded by The Peoples National Bank of Parkersburg Dec. 31,1932 500,000 The First National Bank of Pleasanton, Texas (8103), succeeded by First National Bank in Pleasanton _ Jan. 24,1933 50,000 The First National Bank of Newkirk, Oklahoma (5272), absorbed by The Eastman National Bank of Newkirk Feb. 9,1933 25,000 The First National Bank of Orland, California (10378), absorbed by Bank of America, San Francisco, Calif.. _. Jan. 30,1933 50,000 The First National Bank of Audubon,Iowa (4891), succeeded by First State ....do Bank of Audubon. 100,000 The Northwestern National Bank of Milwaukee, Wisconsin (12564), absorbed by First Wisconsin National Bank of Milwaukee . 200,000 Feb. 14,1933 The National Exchange Bank of Weston, West Virginia (1607), succeeded by The Weston National Bank, Weston , Sept. 15,1932 150,000 The First National Bank of Longville, Louisiana (11254), absorbed by CalJan. 10,1933 25,000 casieu National Bank in Lake Charles, La The Citizens National Bank of Harlan, Kentucky (12243), absorbed by The Jan. 11,1933 Harlan National Bank, Harlan 100,000 The Citizens National Bank of Winchester, Indiana (10989), absorbed by The Feb. 15,1933 50,000 Peoples Loan & Trust Co. of Winchester The First National Bank of Thorndale, Texas (5882), absorbed by Thorndale 50,000 State Bank, Thorndale -~ Feb. 23,1933 Ligonier National Bank, Ligonier, Pennsylvania (13432), succeeded by The 125,000 First National Bank in Ligonier _. Feb. 24,1933 The Greensburg National Bank, Greensburg, Indiana (5435), succeeded by Feb. 28,1933 75,000 The Greensburg Bank, Greensburg The Kerens National Bank, Kerens, Texas (11411), succeeded by First NaFeb. 20,1933 80,000 tional Bank of Kerens The Peoples National Bank of Stamford, Connecticut (12400), absorbed by 150,000 Mar. 1,1933 The First-Stamford National Bank and Trust Company, Stamford 200,000 The Roseland National Bank of Chicago, Illinois (12605) . Mar. 4,1933 The First National Bank of Mullan, Idaho (8906), absorbed by Wallace Bank 25,000 Mar. 10,1933 " and Trust Company, Wallace, Idaho The Farmers National Bank of Glasgow, Kentucky (9722), succeeded by The Mar. 15,1933 100,000 New Farmers National Bank of Glasgow The Hominy National Bank, Hominy, Oklahoma (12069), succeeded by First Feb. 18,1933 25,000 State Bank, Fairfax, Okla The First National Bank of Grove, Oklahoma (10119), succeeded by Bank of Jan. 1,1933 25,000 Grove, Grove The First National Bank of Henderson, North Carolina (7564), succeeded by Mar. 15,1933 200,000 First National Bank in Henderson ___ The First National Bank of Sebree, Kentucky (7242), absorbed by Sebree Mar. 20,1933 40,000 Deposit Bank, Sebree The Maury National Bank of Columbia, Tennessee (4849), absorbed by ComFeb. 27,1933 200,000 merce Union Bank of Nashville, Tenn The National Bank of Orleans, Indiana (5558), succeeded by The Bank of Mar. 22,1933 55,000 Orleans, Orleans The First National Bank of Kio Grande, Texas (11591), absorbed by The First ....do 25,000 State Bank <fe Trust Co. of Rio Grande The Farmers National Bank of Exchange, Pennsylvania (8410), absorbed by Mar. 25,1933 25,000 The Danville National Bank, Danville, Pa The First National Bank of Hawthorne, New Jersey (12663), absorbed by Mar. 15,1933 100,000 Peoples Bank of Hawthorne The First National Bank of Brillion, Wisconsin, (7224), succeeded by Farmers Mar. 28,1933 50,000 and Merchants Bank, Brillion First National Bank in Prescott, Arizona (13262), absorbed by Valley Bank Mar. 25,1933 100,000 and Trust Company, Phoenix, Ariz The Commercial National Bank of Madison, Wisconsin (9153), succeeded by Feb. 28,1933 200,000 Commercial State Bank of Madison The First National Bank of Coon Rapids, Iowa (5514), succeeded by First Apr. 11,1933 25,000 State Bank of Coon Rapids The Atlantic National Bank, Atlantic, Iowa (2762), succeeded by Atlantic 100,000 State Bank, Atlantic - Mar. 15,1933 The First National Bank of East Rainelle (p.o. Rainelle), West Virginia 25,000 (12565), absorbed by The Ronceverte National Bank, Ronceverte, W. Va._ Apr. 6,1933 The First National Bank of Knox City, Texas (7953), absorbed by The Citi25,000 zens State Bank of Knox City -- Apr. 15,1933 The First National Bank of Orange, Texas (4118), succeeded by First National Mar. 31,1933 300,000 Bank in Orange The First National Bank of Redondo Beach,California (8143),absorbed by Bank 200,000 of America National Trust and Savings Association, San Francisco, Calif. . Mar. 17,1933 The First National Bank of Linnton, Portland, Oregon (10534), absorbed by Apr. 1,1933 25,000 The United States National Bank of Portland The Citizens National Bank of Portland, Oregon (13299), absorbed by The 200,000 ....do United States National Bank of Portland Peninsula National Bank of Portland, Oregon (10103), absorbed by The 200,000 ....do United States National Bank of Portland EEPORT OF THE COMPTROLLER OP THE CURRENCY 151 TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1982, to Oct. SI, 1933j the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Continued Name and location of bank The First National Bank of Rule, Texas (8242), absorbed by Farmers State Bank of Rule The First National Bank of Casselton, North Dakota (2792), succeeded by First State Bank of Casselton The Citizens National Bank of Merrill, Wisconsin (10176), succeeded by Citizens State Bank, Merrill ._ The First National Bank of Black River Falls, Wisconsin (3897), succeeded by The First State Bank of Black River Falls.. The La Jolla National Bank of San Diego, California (13208), absorbed by Security Trust & Savings Bank of San Diego ._. The First National Bank of Blackwell, Texas (12722), absorbed by First National Bank in Bronte, Tex The First National Bank of Wausau, Wisconsin (2820), succeeded by First American State Bank of Wausau American National Bank of Wausau, Wisconsin (4744), succeeded by First American State Bank of Wausau The First National Bank of Casey, Illinois (6026), succeeded by The First National Bank in Casey The Delaware County National Bank of Muncie, Indiana (4809), absorbed by The Merchants National Bank of Muncie and The Merchants Trust and Savings Bank of Muncie The Citizens National Bank of Ennis, Texas (7331), succeeded by Citizens National Bank in Ennis The First National Bank of Burkburnett, Texas (8706), succeeded by First National Bank in Burkburnett The First National Bank of Bardwell, Texas (10678), absorbed by Citizens National Bank in Ennis, Tex The First National Bank of Midlothian, Texas (7775), succeeded by First National Bank in Midlothian The First National Bank of Lyman, Nebraska (13271), absorbed by First National Bank in Morrill, Nebr The First National Bank of Dongola, Illinois (10086), absorbed by First State Bank of Dongola The Farmers National Bank of Brenham, Texas (10860), succeeded by The Farmers National Bank in Brenham The Ames National Bank, Ames, Iowa (10408), absorbed by Ames Trust & Savings Bank, Ames The First National Bank of New London, Wisconsin (5013), absorbed by Farmers State Bank of New London __ The First National Bank in Ardmore, Oklahoma (12472), succeeded by First National Bank at Ardmore Citizens National Bank in Marietta, Georgia (13469), absorbed by The First National Bank of Marietta The First National Bank of Toledo, Illinois (5273), succeeded by The First National Bank in Toledo Ballard First National Bank of Seattle, Washington (13581), absorbed by First National Bank of Seattle The Farmers and Miners National Bank of Bentleyville, Pennsylvania (9058), absorbed by The Citizens National Bank of Bentleyville The First National Bank in Valley Mills, Texas (13272), succeeded by First National Bank in Valley Mills The First National Bank of Rural Retreat, Virginia (10061), absorbed by The Peoples Bank of Rural Retreat The First National Bank of Lott, Texas (6223), succeeded by The First National Bank in Lott City National Bank and Trust Company of Evanston, Illinois (5279), succeeded by First National Bank and Trust Company of Evanston The First National Bank of Houston, Texas (1644), succeeded by First National Bank in Houston The First National Bank of Colfax, Iowa (7114), succeeded by The First National Bank in Colfax The First National Bank of Bolivar, Missouri (7271), absorbed by Polk County Bank of Bolivar The First National Bank of Muscatine, Iowa (1577), succeeded by First Trust & Savings Bank of Muscatine ___•_ The Cedar Falls National Bank, Cedar Falls, Iowa (3871), succeeded by Cedar Falls Trust and Savings Bank, Cedar Falls The Painted Post National Bank, Painted Post, New York (11956), succeeded by The First National Bank of Painted Post The First National Bank of McGregor, Iowa (323), absorbed by Marquette Savings Bank, Marquette, Iowa The Davis National Bank of Piedmont West Virginia (4088), absorbed by The First National Bank of Piedmont The First National Bank of Sewickley, Pennsylvania (4462), succeeded by First National Bank in Sewickley The First National Bank of Mt. Calm, Texas (10297), succeeded by The First National Bank in Mount Calm The City National Bank of Wichita Falls, Texas (4248), succeeded by City National Bank in Wichita Falls 31460°—34 11 Date of liquidation Apr. 14,1933 Capital $30,000 Mar. 18,1933 50,000 Apr. 20,1933 150,000 Apr. 26,1933 Apr. 8,1933 50,000 200,000 Apr. 15,1933 25,000 Apr. 26,1933 350,000 Apr. 3,1933 600,000 May 10,1933 50,000 do 300,000 Apr. 26,1933 100,000 Apr. 25,1933 100,000 Apr. 24,1933 40,000 Apr. 60,000 4,1933 May 10,1933 25,000 June 1,1933 25,000 May 29,1933 100,000 Mar. 31,1933 50,000 May 31,1933 75,000 Apr. 20,1933 200,000 June 6,1933 100,000 June 10,1933 100,000 June 14,1933 100,000 do 50,000 May 19,1933 35,000 June 14,1933 50,000 June 20,1933 50,000 June 21,1933 300,000 June 21,1933 3,000,000 June 24,1933 50,000 July 1,1933 25,000 July 8,1933 200,000 June 30,1933 100,000 July 11,1933 25,000 May 29,1933 50,000 July 15,1933 50,000 July 14,1933 100,000 July 17,1933 July 1,1933 50,000 1,000,000 152 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 198%, to Oct. 81, 1938, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Continued Name and location of bank The Farmers National Bank of Dublin, Texas (12758), absorbed by The Dublin National Bank, Dublin The Trinity National Bank, Trinity, Texas (10078), succeeded by The First National Bank of Trinity The Exchange National Bank of Tulsa, Oklahoma (9658), succeeded by National Bank of Tulsa _ The First National Bank of Latrobe, Pennsylvania (3831), succeeded by First National Bank in Latrobe The First National Bank of Marissa, Illinois (6691), succeeded by First National Bank of Marissa _ __ First National Bank & Trust Company of Asheville, North Carolina (12244), succeeded by First National Bank and Trust Company in Asheville First National Bank in Hemphill, Texas (13526), absorbed by The First National Bank of San Augustine, Tex The First National Bank of Gadsden, Alabama (3663), succeeded by The First National Bank in Gadsden The Citizens National Bank of Abilene, Texas (6476), succeeded by The Citizens National Bank in Abilene The Stock Yards National Bank of Denver, Colorado (11540) Journal Square National Bank of Jersey City, New Jersey (12255), absorbed by Hudson County National Bank, Jersey City The First National Bank of Greencastle, Indiana (219), absorbed by Citizens Trust Company of Greencastle which changed its title to First-Citizens Bank and Trust Company The Capital National Bank of Jackson, Mississippi (6646), succeeded by Capital National Bank in Jackson The First National Bank of Cameron, Texas (4086), succeeded by First National Bank in Cameron The Orrville National Bank, Orrville, Ohio (6362), succeeded by The National Bank of Orrville The First National Bank of Williston, North Dakota (5567), succeeded by The First International Bank of Williston The First National Bank of Frederick, Oklahoma (8140), succeeded by First National Bank in Frederick The First National Bank of Gainesville, Texas (6292), succeeded by The Gainesville National Bank in Gainesville The West Toledo National Bank of Toledo, Ohio (13256), absorbed by Toledo Trust Company, Toledo The Medford National Bank, Medford, Oregon (8236), succeeded by Medford National Bank, Medford National Bank of Doniphan, Nebraska (13456), absorbed by The First National Bank of Grand Island, Nebr The City National Bank of York, Nebraska (4935), absorbed by The First National Bank of York The City National Bank of Belfast, Maine (7586), succeeded by The First National Bank of Belfast The Frederick County National Bank, Frederick, Maryland (1449), succeeded by Frederick County National Bank of Frederick The Patapsco National Bank of Ellicott City, Maryland (3585), succeeded by Patapsco National Bank in Ellicott City The First National Bank of Astoria, Oregon (3486), absorbed by The First National Bank of Portland The Citizens National Bank of Okmulgee, Oklahoma (6241), succeeded by The Citizens National Bank in Okmulgee Tipton National Bank, Tipton, Iowa (13232), succeeded by Tipton State Bank, Tipton The First National Bank of Mapleton, Iowa (10701), absorbed by First State Bank of Mapleton The Gavitt National Bank of Lyons, New York (7479), absorbed by The Lyons National Bank, Lyons The First National Bank of Lowell, Ohio (5329), absorbed by The Peoples Banking & Trust Company, Marietta, Ohio The First National Bank of Paxton, Illinois (2926), succeeded by First National Bank in Paxton The Esmont National Bank, Esmont, Virginia (8003), absorbed by The Peoples National Bank of Charlottesville, Virginia The First National Bank of Haviland, Kansas (11464), succeeded by The Haviland State Bank, Haviland__ ___ Total (155 banks). Date of liquidation July 27,1933 Capital $50,000 July 28,1933 50,000 June 14,1933 3,000,000 July 21,1933 150,000 July 29,1933 50,000 Aug. 10,1933 300,000 Aug. 15,1933 25,000 Aug. 21,1933 250,000 Aug. 19,1933 Aug. 7,1933 200,000 250,000 Aug. 15,1933 500, 000 Sept. 1,1933 100,000 Aug. 15,1933 300,000 Aug. 29,1933 75,000 Aug. 26,1933 100,000 Aug. 19,1933 75,000 Sept. 15,1933 100,000 Sept. 19,1933 200,000 Sept. 18,1933 200,000 Sept. 19,1933 100,000 Sept. 16,1933 25,000 Sept. 14,1933 100,000 Oct. 300,000 Sept. 28,1933 150,000 Oct. 100,000 7,1933 Sept. 28,1933 100,000 Sept. 30,1933 200,000 June 8,1933 50,000 Oct. 12,1933 50,000 Oct. 16,1933 100,000 Oct. 21,1933 26,000 Oct. 23,1933 Oct. 10,1933 75,000 Oct. 26,1933 25,000 50,000 26,805,000 TABLE NO. 6.—Capital stock, surplus, undivided profits, and total assets of banks consolidated under act of Nov. 7, 1918, as amended Feb. 25, 1927, and June 16, 1933, for the year ended Oct. 31, 1933, as shown by their last reports prior to consolidation Closing banks Charter no. Title and location 8646 The Grange National Bank of Chester County at Downingtown. 8519 The City National Bank of Floresville. 7562 Terre Haute National Bank and Trust Company, Terre Haute. Bethlehem Trust Company, Bethlehem. State Pa Tex.... Capital $100,000 Continuing banks UndiSurplus vided profits $75,000 $14,272 15,000 Total Capital Title and location $728,574 The Downingtown tional Bank. 6320 The First National Bank of Floresville. 47 First-McKeen National Bank and Trust Company of Terre Haute. 138 The First National Bank and Trust Company of Bethlehem. The National Bank of Shamokin. 524 321,747 Ind.... 600,000 400,000 21,368 7,405,387 Pa 260,940 376,880112,091 2,641,637 50,000 Charter no. Na- 125,000 125,000 20,472 1,932,061 Dime Trust and Safe Deposit Company, Shamokin. 464,231 The First National Bank The Peoples Bank and ..do.. 125,000 25,000 4,836 Trust Company of of Montoursville. Montoursville. 115,436 3248 The First National Bank 80,000 20,000 2,936 5680 The Albany National Tex___. Bank, Albany. of Albany. First Minneapolis Trust Minn_. 1,000,000 1,000,000 414^,830 22,832,594 710 First National Bank in Company, MinneapoMinneapolis. lis. 102,412 9485 The First National Bank The Citizens National Tex..-. 25,000 191 2,500 Bank of Post. of Post City. 2,854,240 13659 The Terminus National 750,000 250,000 13382 The Terminal National Ill Bank of Chicago. Bank of Chicago. 375,866 5018 The First National Bank 100,000 25,000 9,250 12670 The State National Bank Tex___. of Wills Point. of Wills Point. 541, 259 12292 The Puget Sound National 200,000 25,000 7,972 Puget Sound Broadway Wash.. Bank, Tacoma. Bank of Tacoma. 641,141 446 The First National Bank 50,000 25,000 5,885 953 The Newcastle National Maine. Bank of Damariscotta. of Damariscotta. i New national bank did not report prior to consolidation. Surplus Undivided profits Date of reports Date of consolidation 1932 1932 $1,840,138 Sept. 30 Nov. 5 $125,000 $325,000 10,782 50,000 Total 607,059 _do_. Nov. 8 500,000 500,000 43,392 300,000 700,000 65,033 12,748,142 ..do Nov. 28 200,000 400,000 39,837 Dec. 13 125,000 60,000 16,829 882,324 —do.—. Dec. 17 75,000 25,000 20,872 1933 782,404 Dec. 31 Jan. 24 6,000,000 5,000,000 50,000 200,000 6,004,900 ...do 4,163,098 —do fel Nov. 15 ' 3 o 422,160 100,265,552 ...do.—. Jan. 31 4,020 585,454 —do Feb. 13 Feb. 23 0) 50,000 16,000 8,409 600,000 150,000 28,526 50,000 50,000 355,608 Dec. 31 May 12 3,509,680 . . . d o . . — June 17 1,640,436 —do—_. June 19 3 o 4 O CO TABLE N O . 6.—Capital stocky surplus, undivided profits, and total assets of banks consolidated under act of Nov. 7,1918, as amended Feb. 25, 1927, and June 16, 1933, for the year ended Oct. 31, 1933, as shown by their last reports prior to consolidation—Continued Closing banks Charter no. 800£ 6032 Title and location State TheHall County National Tex Bank of Memphis. First Union Trust and 111 Savings Bank, Chicago. Norfolk National Bank of Va Commerce and Trusts, Norfolk. 6 State banks 10 national banks. Continuing banks Capital Surplus Undivided profits Total Charter no. Title and location Capital Surplus Undivided profits Total assets Date of Date of consolireports dation 1933 $25,000 $10,407 $609,708 June 30 $100,000 of Memphis. 10, 000, 000 5,000,000 284,824 ,000, !84,824 176,i, 025, 309 The First National Bank 25, 000, 000 15,000, 5,000, 000 5,,216, 103 624, 494, 745 —do of Chicago. 2,500,000 500,000 424, 281 26, 635, 253 9885 The Virginia National 600,000 200,000 39, 250 5,009,322 __.do Bank of Norfolk. $50,000 •—l jj $20,000 $5,582 $236, 552 6107 The First National Bank 11, 710,940 6, 551,880 845,025 204,437,091 4,305, 000 1, 332, 500 484, 289 39, 416, 608 16 national banks 3 3 1933 July 3 July 17 Oct. 9 O O 34,025,000 22, 451,000 6,040,743 763, 498, 570 o I REPORT OF THE COMPTROLLER OF THE CURRENCY 155 TABLE NO. 7.—National banks consolidated under act of Nov. 7, 1918, as amended June 16, 1933, capital, surplus, undivided profits, and total assets, year ended Oct. 31, 1933 Consoli- Chardater tion no. no. Title and location of bank 661 The Downingtown National Bank, Downingtown. 497 6320 First City National Bank of Floresville. 498 47 Terre Haute First National Bank, Terre Haute. 496 State Pa Capital Surplus 1932 Nov. 5 $140,000 $325,000 Undivided profits Total assets $73,332 $2, 341, 624 Tex.__. Nov. 8 100,000 12,121 Nov. 15 500,000 500, 000 1, 074,357 13, 492, 524 1933 Jan. 24 100,000 Feb. 13 50,000 Feb. 23 200,000 100,000 10,000 Ind.-. 502 3248 The First National Bank of Tex Albany. 604 9485 The First National Bank of — d o . . . Post. 505 13659 The Terminal National Bank of Ill Chicago. 506 5018 The First National Bank of T e x - . . Wills Point. 508 446 The First National Bank of Maine. Damariscotta. 509 6107 The First National Bank of T e x . . . . Memphis. 511 9885 National Bank of Commerce of Va Norfolk. Total (10 banks) Date of consolidation 10,000 838, 980 8,172 May 12 50,000 June 19 100,000 July 3 100,000 20,000 Oct. 9 2,000,000 400,000 566, 501 512,066 2, 251, 617 551, 776 33,924 2,117,618 1,187 767, 397 200, 000 28, 439,119 3, 340, 000 1, 365, 000 1, 425, 791 51, 879, 222 TABLE iNO, 8,—State banks and national banks consolidated under act of Feb. 25, 1927, as amended June 16, 1933, their consolidated capital, surplus, undivided profits, and total assets, year ended Oct. 31, 1933 Consolidation no. Title and location of State bank Charter no. of national bank 499 Bethlehem Trust Company, Bethlehem.. 138 500 Dime Trust and Safe Deposit Company, Shamokin. The Peoples Bank and Trust Company of Montoursville. 6942 501 503 507 510 First Minneapolis Trust Company, Minneapolis. Puget Sound Broadway Bank, Tacoma_ First Union Trust and Savings Bank, Chicago. Total (6 State banks with 6 national banks). 6997 710 12292 8 Title and location of national bank State Date of consolidation 1932 Nov. 28 Capital Surplus Undivided profits Increase in auTotal assets thorized capital The First National Bank and Trust Pa Company of Bethlehem. National-Dime Bank of Shamokin.. —do_._ Dec. 13 $500,000 $400,000 $157,558 $12,060,452 $200,000 325,000 175,000 170,162 5,671,168 125,000 The First National Bank of Montours- ...do-._ Dec. 17 ville. 1933 First National Bank and Trust Com- Minn_. Jan. 31 pany of Minneapolis. The Puget Sound National Bank of Wash.. June 17 Tacoma. Ill The First National Bank of Chicago July 17 125,000 25,000 19,539 1,092, 791 6,000,000 5,000,000 555,523 114, 644, 260 600,000 150,000 78,845 3,493, 063 15,000, 000 11,601,563 655,419, 050 32, 550, 000 20, 750, 000 12, 583,190 792, 380, 784 25,000,000 3 S 3 325,000 o 157 EEPOET OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 9.—Number and capital of State banks converted into national banking associations in each State and Territory from 1863 to Oct. 31, 1933 Number of banks Location Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut- Capital _ 34 28 22 190 52 6-5 $4, 605, 000 2, 595, 000 2,029,990 72, 691, 200 16, 717, 550 18, 932, 770 England .-- 391 117, 571, 510 __ ._ 241 50 124 6 36 6 125, 331, 291 9,820, 450 34,009,095 585, 010 10, 249, 372 1,080,000 Total Eastern States- ... 463 181,075, 218 Total New States New York New Jersey. Pennsylvania Delaware _ Maryland District of Columbia Virginia West Virginia North Carolina South Carolina Georgia Florida _ Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee -... .... Total Southern States... Number of banks Location 34 39 48 32 21 34 19 12 142 42 43 51 Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri _.. __ Total Western States.... i 63, 462, 900 120,760,800 _.. Washington Oregon California Idaho. Nevada Arizona 584 $2,890,000 1,908,000 81,855, 000 3,020,000 3, 620,000 7, 581,000 2, 285,000 17, 601,800 24 27 45 26 36 115 44 49 Total Middle Western States North Dakota South Dakota Nebraska. Kansas Montana Wyoming Colorado New Mexico Oklahoma Capital 51 104 83 37 9 35 7 192 2, 760,000 1,750,000 5, 285, 000 4,182,000 1,485,000 320,000 2,755,000 400,000 7, 970, 000 602 26, 907,000 73 30 113 26 1 5 6,825,000 1,951, 000 45, 272,800 1,080,000 50,000 300,000 Total Pacific States 248 55,478,800 Total United States 2,654 565, 356, 228 i $300,000 of which is preferred capital stock. TABLE NO. 10.—Conversions of State banks and primary organizations as national banks from Mar. 14, 1900, to Oct. 31, 1933 Conversions of State banks Classification Number Capital less than $50,000 Capital $50,000 or over. Total Capital Reorganizations from State and private banks and national banks Number Capital Primary organizations Number Capital Total Number Capital 898 $23, 933, 300 1,167 $30,909, 500 2,687 $69,375, 500 4,752 $124,218,300 837 262,102,800 870 161,649,000 2,097 340,110,000 3,804 763,861,800 1,735 286, 036,100 2,037 192,558, 500 4,784 409,485, 500 8,556 888,080,100 TABLE N O . 11.—Number of national banks increasing their capital, together with the amount of increase monthly for years ended Oct. 31, since 1928 1929 Months November. DecemberJanuary FebruaryMarch April May._ June July August September. October Total Number Capital 1930 Number 1931 Number Capital $5, 932, 500 23,615,000 4, 763, 400 4,850, 000 1,870,000 1,671,000 46,122, 464 3,305,000 3, 562, 500 1, 585,000 625, 000 1, 512, 500 $958,333 8,248,000 11,288,000 32,875,000 22, 662, 500 5, 401,000 15, 922, 592 19, 707, 500 36, 632, 500 14,877, 200 2, 602, 500 10, 555, 000 1 335 1 181, 730,125 Capital 2 225 2 99, 414, 364 1 Of these cases, 80 were effected wholly or in part by stock dividends aggregating $20,793,750. 2 Of these cases, 68 were effected wholly or in part by stock dividends aggregating $6,085,130. Of these cases, 12 were effected wholly or in part by stock dividends aggregating $752,617. Digitized for *FRASER $1, 521, 539 1,630,000 1,195,000 420,000 1,575,000 365,000 216,078 855,000 665,000 1,330,000 2, 655, 000 1, 225,000 3 13,652, 617 158 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 11.—Number of national banks increasing their capital, together with the amount of increase monthly for years ended Oct. SI', since 1928—Continued 1933 1932 Months Number November. December _. January February.. March April May June July August September . October Capital Common capital Number $14,600, 504 24,665,000 285, 500 822, 500 6, 050, 000 750, 050 70,000 845,000 260,000 72,500 925, 010 TotaL. '64 * 49, 346, 064 Number Preferred capital $245,000 355,000 550,000 187,500 65, 000 630, 000 115,000 1, 841,350 3, 268,300 475,000 473, 700 775,000 6 53 5 8,980,850 $680, 000 7, 576, 900 5,394,000 20,011,200 6, 582, 000 4, 750,000 2, 560,000 1,185,000 166 48, 739,100 4 Of these cases, 3 were effected wholly or in part by stock dividends aggregating $270,504. e Of these cases, 3 were effected wholly or in part by stock dividends aggregating $260,000. TABLE N O . 12.—Number and authorized capital of national banks chartered and the number and capital stock of banks closed in each year ended Oct. 31, since 1913, with the yearly increase or decrease Closed Chartered Year No. 1914.... 1916-"! 1917.... 1918-... 1919 1920.... 1921 1922. _ „ 1923 1924.... 1925.... 1926 1927.... 1928...1929 1930.... 1931-... 1932 1933.— Capital Consolidated under act Nov. 7, 1918 No. 195 $18,!, 675, 000 Loss to capital 144 9, 689, 500 122 6, 630, 000 176 11,590,000 164 13,400, 000 245 21, 780,000 26 2$3,220,000 2 1, 650, 000 361 31, 077, 500 2 850,000 169 20,005,000 2 3,275,000 232 24,890, 800 2 2,575,000 190 30, 522, 500 2 1, 255,000 135 21, 375,000 2 1, 660, 000 251 26,040,000 2 4, 455, 010 160 29, 705, 000 2 3,407,000 135 43,570,000 2 6.857, 500 113 26,160,000 2 4, 780,075 141 38,195,000 21, 355,000 108 12, 240,000 2 2,882, 500 78 9,690,000 2 3,385,500 68 87,145, 000 176 i 74,761,500 10 2 2, 765, 000 In voluntary liquidation No. Capital Insolvent No. Capital 21 $1,810,000 113 $26,487, 000 14 1,830,000 82 13,795,000 13 805,000 135 14,828, 000 7 1, 230, 000 107 14, 367, 500 2 68 16,165, 000 250,000 1 83 16, 380,000 25,000 5 84 14, 730, 000 205,000 93 37,075, 000 34 1, 870, 000 103 18, 910, 000 31 2,015,000 53 3,405,000 121 39,290,000 155 40, 745,000 138 9,635,000 123 14, 467, 500 6,420,000 153 28, 668, 300 91 5, 412, 500 165 37,495,000 135 8,257,000 156 27, 381, 000 61 4,135, 000 221 98, 267, 500 79 6, 575,000 263 39, 230,400 104 8,355,000 308 59, 595,000 36946,862,000 236 97, 340, 300 380 50, 505, 585 155 26,805, 000 3 348 76,107, 500 Net yearly Net yearly increase decrease (exclusive of (exclusive of existing banks existing banks increasing decreasing their capital) their capital) No. Capital 62 94 135 $2,155,000 257 14, 492, 500 18 77 690,800 No. Capital $9, 622, 000 5, 935, 500 9,003, 000 4,007, 500 3, 015, 000 19, 790,000 3 14, 747, 500 174 30, 260,000 15 3, 492, 500 114 8, 820, 810 176 4, 439,000 125 11, 743, 500 201 70, 707, 575 288 35, 260, 400 599 96, 809, 500 515 55,406, 385 * 305 127,656,000 includes $31,347,000 preferred capital authorized for 69 banks. 2 Amount of capital stock reductions incident to consolidations. 3There were 9 banks restored to solvency with an aggregate capital of $1,025,000 for which receivers had been appointed prior to Nov. 1,1932. Also includes 23 banks with an aggregate capital of $2,235,000 which had been placed in voluntary liquidation by their shareholders prior to Nov. 1,1932. * There was a decrease of 305 banks, considering the 9 banks restored to solvency and the 23 banks which were in voluntary liquidation. REPOET OF THE COMPTROLLER OF THE CURRENCY 159 TABLE NO. 13.—Total number of national banks organized, consolidated under act of Nov. 7, 1918, as amended June 161 1933, insolvent, in voluntary liquidation, and in existence on Oct. 31, 1933 Organized Location Maine New Hampshire.- . . _ Vermont Massachusetts ____ _ Rhode Island Connecticut _. _ . _ Total New England States New York.. New Jersey __ . . Pennsylvania Delaware Maryland. _ ___ __ District of Columbia Total Eastern States _ _ Virginia ._ West Virginia North Carolina. _ South Carolina Georgia _ Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee Total Southern States.- __ ._. Ohio Indiana Illinois . .Michigan Wisconsin Minnesota Iowa Missouri Total Middle Western States North Dakota South Dakota Nebraska Kansas Montana. W y o m i n g __ _ .. _ _ - _ _ _ _ . _ Colorado New Mexico Oklahoma _ Total Western States __ ._ Washington - . . __ _ Oregon California . _ Idaho _ __ Utah Nevada _ Arizona -.. Total Pacific States __ Alaska .. _ __ The Territory of Hawaii Puerto Rico. Total Alaska and insular posessions Total United States, Alaska, and insular possessions Consolidated underact Nov. 7, 1918 4 Insolvent I n liquidation 1 In existence 123 76 81 364 65 120 1 1 4 8 17 2 4 25 2 6 68 16 23 182 51 51 829 29 46 391 363 969 390 1,183 30 134 31 47 15 40 1 4 103 42 138 1 13 6 339 81 260 13 54 10 480 252 745 16 66 11 2,737 107 303 757 1,570 240 174 141 114 174 126 169 75 93 1,108 133 237 202 17 9 4 3 31 1 9 6 22 31 43 41 40 41 42 16 11 132 31 27 30 64 50 50 48 70 36 49 31 49 476 47 97 89 137 84 44 19 56 48 76 24 30 469 54 104 77 2,986 101 507 1,156 1,222 652 415 760 285 248 475 519 283 22 11 14 4 4 9 87 78 181 56 35 103 192 51 282 192 245 130 92 143 191 130 261 134 320 95 112 223 132 93 3,637 79 783 1,405 1,370 257 217 388 440 191 57 207 81 726 3 1 1 4 12 95 86 77 74 74 12 53 24 81 83 60 168 153 64 20 64 30 408 76 70 142 209 50 25 87 27 225 2,564 27 576 1,050 911 217 143 502 109 38 16 30 17 2 12 47 28 57 35 5 4 5 69 50 281 46 15 5 16 84 63 152 28 15 7 9 1,055 34 181 482 358 4 1 64 8 1 2 9 6 3 3 3 50 55 49 140 10 59 5 6 1 1 1 4 1 12 1 6 5 13,820 378 5,247 5,799 2,396 160 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 14.—Changes of corporate title of national hanks, year ended Oct. 31, 1933 Charter no. 13216 2935 6645 5578 13577 13026 614 13334 10666 10686 1345 13357 13006 13687 1014 13296 6185 11312 Title and location Date Straus National Bank and Trust Company of Chicago, Illinois, to "American National Bank and Trust Company of Chicago" The First National Bank and Trust Company of Watertown, South Dakota, to " T h e First Citizens National Bank of Watertown" The Merchants-Citizens National Bank and Trust Company of Allentown, Pennsylvania, to " T h e Merchants National Bank of Allentown" Monroe County National Bank and Trust Company of East Stroudsburg, Pennsylvania, to "Monroe County National Bank of East Stroudsburg" " T h e State-National Bank of Peru, Illinois", Peru,Illinois, to "State-National Bank of Peru" The Hatfield National Bank and Trust Company, Hatfield, Pennsylvania to " T h e Hatfleld National Bank" The Lechmere National Bank of East Cambridge, Cambridge, Massachusetts, to " T h e Lechmere National Bank of Cambridge" The National Bank of Bayside in New York, New York, to " T h e Bayside National Bank of New York" The First National Bank of Schellburg,Pennsylvania, to " T h e First National Bank of Schellsburg " _ The First National Bank of Camas, Washington, to " Clark County National Bank of Vancouver", Wash The Auburn-Cayuga National Bank and Trust Company, Auburn, New York, to " T h e National Bank of Auburn" Red River National Bank and Trust Company of Grand Forks, North Dakota, to " Red River National Bank of Grand Forks" The Stewart National Bank and Trust Company of Livonia, New York, to " The Stewart National Bank of Livonia" The First National Bank at Massillon, Ohio, to " The First National Bank in Massillon " . The Bay State National Bank of Lawrence, Massachusetts, to " B a y State Merchants National Bank of Lawrence" The National Bank of Queens County in New York, New York, to " Flushing National Bank in New York" The First National Bank of White Rock, South Dakota, to " T h e Roberts County National Bank of Sisseton" S.Dak The First National Bank of Black Rock, Arkansas, to " T h e First National Bank of Lawrence County at Walnut Ridge" Ark . 1933 Jan. 3 Do. Jan. 11 Jan. 14 Jan. 16 Jan. 18 Jan. 24 Jan. 25 Jan. 27 Apr. 26 May 31 June 17 July 12 July 14 July 31 Aug. 11 Aug. 12 Sept. 16 TABLE N O . 15.—Changes of corporate title incident to consolidations of national banks and of State banks with national banks, year ended Oct. 31, 1933 The City National Bank of Floresville, Texas (8519), and the First National Bank of Floresville (6320), consolidated under the charter of the latter, with title "First City National Bank of Floresville." Terre Haute National Bank and Trust Company, Terre Haute, Indiana (7562), and First-McKeen National Bank and Trust Company of Terre Haute (47), consolidated under the charter of the latter with title "Terre Haute First National Bank." Dime Trust and Safe Deposit Company, Shamokin, Pennsylvania, and the National Bank of Shamokin (6942), consolidated under the charter of the latter with title "National-Dime Bank of Shamokin." First Minneapolis Trust Company, Minneapolis, Minnesota, and First National Bank in Minneapolis (710), consolidated under the charter of the latter with title "First National Bank and Trust Company of Minneapolis." The Citizens National Bank of Post, Texas (12969), and the First National Bank of Post City (9485), consolidated under the charter of the latter with title " T h e First National Bank of Post." The Terminal National Bank of Chicago, Illinois (13382), and the Terminus National Bank of Chicago (13659), consolidated under the charter of the latter with title " T h e Terminal National Bank of Chicago." Norfolk National Bank of Commerce and Trusts, Norfolk, Virginia (6032), and the Virginia National Bank of Norfolk (9885), consolidated under the charter of the latter with title " National Bank of Commerce of Norfolk." TABLE NO. 16.—National banks chartered during the year ended Oct. 31, 1933 Capital Charter no. Title Common Preferred ALABAMA 13728 The First National Bank in Gadsden _ 13752 The Headland National Bank 13789 The First National Bank at Bessemer Total (3 banks) __ $125,000 25,000 50,000 $125,000 25,000 50,000 200,000 200,000 REPORT OF THE COMPTROLLER OF THE CURRENCY 161 TABLE NO. 16.—National banks chartered during the year ended Oct. 31,1933—Con. Capital Charter no. 13693 13719 Title Common The Planters National Bank of Mena. The First National Bank of Conway.. Total (2 banks).. 13711 13787 First National Bank of Chico Coast National Bank in Fort Bragg. Total (2 banks) Preferred $50, 000 25, 000 $25,000 75,000 25,000 150, 000 25,000 25,000 175,000 25,000 150,000 200,000 CONNECTICUT 13704 The Tradesmens National Bank of New Haven. DISTRICT OF COLUMBIA 13782 Hamilton National Bank ofWashington 1,000,000 GEORGIA 13725 13819 The Geo. D. Warthen National Bank of Sandersville.. 50,000 IDAHO 100,000 Lewiston National Bank. ILLINOIS 13650 13652 13659 13660 13666 13672 13673 13674 13682 13684 13691 13695 13696 13705 13709 13714 13718 13735 13744 13795 13804 13805 The Security National Bank ofWitt The Illinois National Bank & Trust Co. of Kockford... The Terminus National Bank of Chicago i Moline National Bank-. The First National Bank of Stockton National Boulevard Bank of Chicago The First National Bank in Casey The Live Stock National Bank of Chicago The First National Bank in Toledo The Mid-City National Bank of Chicago The National Security Bank of Chicago First National Bank of Freeport The Prange National Bank of New Douglas The First National Bank in Joliet First National Bank and Trust Company of Evanston. The First National Bank of Galena— ._ The First Lake County National Bank at Libertyville. First National Bank of Marissa The City National Bank of Hoopeston The First National Bank in Mascoutah The Security National Bank of Cairo... The First National Bank in Columbia First National Bank in Paxton Total (23 banks). 25, 000 200,000 200, 000 200,000 25,000 500,000 25, 000 1,000,000 25,000 400, 000 200, 000 125,000 25,000 100,000 150,000 160, 000 50,000 25,000 50,000 50,000 50,000 50,000 50,000 3,685,000 200,000 150,000 50,000 400,000 INDIANA 13717 13729 13759 13788 13816 13818 First National Bank in Marion Marion National Bank of Marion American National Bank of Indianapolis... The Stone City National Bank of Bedford. First National Bank in New Castle Fort Wayne National Bank Total (6 banks) . The First National Bank in Colfax The First National Bank in Burlington . The First Capital National Bank of Iowa City The National Bank of Waterloo . The Community National Bank & Trust Company of Knoxville. The First National Bank in Humboldt ... i Title changed to ''The Terminal National Bank of Chicago." 13686 13694 13697 13702 13707 13766 100,000 100,000 1,000,000 100,000 80,000 320,000 1,700,000 25,000 100,000 100,000 140,000 50,000 50,000 350,000 1,800,000 20,000 500,000 2, 670,000 60,000 162 REPOBT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 16.—National banks chartered during the year ended Oct. 31,1983—Con. Capital Char ter no. Title Common Preferred IOWA—continued 13785 The Montgomery County National Bank of Red Oak. -.._ 13817 The Citizens National Bank of Boone Total (8 banks).. $50,000 100,000 615,000 $60,000 100,000 100,000 100,000 100,000 100,000 100,000 300, 000 100,000 1, 000, 000 500, 000 1, 200, 000 1, 200,000 80, 000 300,000 1,500,000 1,500,000 100,000 300,000 4,280,000 3,400,000 KANSAS 13801 Security National Bank of Kansas City KENTUCKY 13651 The New Farmers National Bank of Glasgow. 13757 13763 The First National Bank of Henderson The First National Bank of Paintsville Total (3 banks) . LOUISIANA 13648 13655 13688 13689 13732 13737 Commercial National Bank in Shreveport The Ouachita National Bank of Monroe The Hibernia National Bank in New Orleans The National Bank of Commerce in New Orleans The First National Bank of Jefferson Parish at Gretna. City National Bank of Baton Rouge Total (6 banks) . MAINE 13710 13716 13730 13734 13750 13762 13768 13769 13777 13786 National Bank of Commerce of Portland. First National Bank at Portland Springvale National Bank The First National Bank of Rockland Norway National Bank The First National Bank of Belfast Northern National Bank of Presque IsleFirst National Bank of Waterville The First National Bank of Pittsfield National Bank of Calais. Total (10 banks). 400,000 400,000 50,000 125,000 50,000 100,000 150,000 300,000 50,000 84,000 1, 709,000 100,000 125,000 100,000 150,000 50,000 50,000 575,000 MARYLAND 13680 13745 13747 13773 13776 13798 The First National Bank of Bel Air Baltimore National Bank Frederick County National Bank of Frederick.. Patapsco National Bank in Ellicott City The Garrett National Bank in Oakland The First National Bank of Chestertown Total (6 banks) . 50,000 500,000 75,000 100,000 50,000 50,000 1,000,000 75,000 825,000 1,075,000 13733 The First National Bank of Athol. 13780 Webster National Bank 13796 First National Bank of Reading... 100,000 100,000 40,000 ""60,"000 Total (3 banks) . 240,000 160,000 5,000,000 40,000 3,000, 000 200, 000 100,000 78,000 500,000 20,000 400,000 60,000 100,000 12,500,000 60,000 9,498, 000 13,952,000 MASSACHUSETTS 100,000 MICHIGAN 13671 13703 13738 13739 13741 13753 13758 13793 13799 13807 13820 National Bank of Detroit The Birmingham National Bank The Manufacturers National Bank of Detroit. Community National Bank of Pontiac The National Bank of Jackson ._ First National Bank of Niles The National Bank of Grand Rapids. The National Bank of Richmond Peoples National Bank of Grand Rapids The National Bank of Ypsilanti The American National Bank of Kalamazoo... Total (11 banks) . 200,000 200,000 22,000 250,000 30,000 500,000 40,000 150,000 REPORT OF THE COMPTROLLER OF THE CURRENCY 163 TABLE NO. 16.—National banks chartered during the year ended Oct. 31,1933—Con. Capital Charter no. Title Common Preferred MINNESOTA 13692 13713 13784 T h e C i t i z e n s N a t i o n a l B a n k of P a r k R a p i d s __ T h e First National B a n k in Cannon Falls T h e Citizens N a t i o n a l B a n k of M a d e l i a . __ $25,000 60,000 50,000 _ _ _ _ _ 135,000 Total ( 3 banks) MISSISSIPPI 13708 13722 Capital National Bank in Jackson Britton & Koontz National Bank in Natchez. Total ( 2 banks) _ _._ _ 150,000 100,000 $200,000 250,000 200,000 50,000 107, 500 900,000 92,500 1, 350,000 1,057, 500 1, 442, 500 MISSOURI 13690 13726 13736 The National Bank in North Kansas City The American Exchange National Bank in St. Louis Union National Bank in Kansas City _ Total (3 banks) __ NEW HAMPSHIRE 13764 13808 Groveton National Bank Total (2 banks) 50,000 25,000 25,000 75,000 25,000 250,000 250,000 NEW MEXICO 13814 First National Bank in Albuquerque NEW YORK 13664 13748 The First National Bank of Painted Post Otsego County National Bank of Cherry Valley _- Total (2 banks) _ 50,000 50,000 100,000 NORTH CAROLINA 13657 13721 13761 13779 13791 The Depositors National Bank of Durham _ First National Bank and Trust Company in Asheville Security National Bank of Greensboro _" The Citizens National Bank in Gastonia The National Bank of Sanford Total (5 banks) » , 200,000 150,000 300,000 100,000 25,000 150,000 300,000 100,000 30,000 775,000 580,000 100,000 150,000 100,000 200,000 60,000 50,000 100,000 100,000 50,000 100,000 60,000 100,000 820,000 215,000 NORTH DAKOTA 13790 First National Bank in Grand Forks _ OHIO 13687 13715 13740 13742 13749 13767 13774 13797 13802 The First National Bank at Massillon 2 The Peoples National Bank of Lakewood The Citizens National Bank of Bryan The National Bank of Orrville Bellefontaine National Bank The National Bank of Lima The Cleves National Bank Van Wert National Bank The First National Bank of Dennison _ .__ Total (9 banks) 15,000 100,000 OKLAHOMA 13677 13679 13751 13756 13760 13770 First National Bank at Ardmore National Bank of Tulsa The Citizens National Bank in Okmulgee The National Bank of Commerce of Altus First National Bank in Frederick The National Bank of McAlester Total (6 banks) Title changed to "The First National Bank in Massillon." Digitized for 2FRASER - -- -_ 100, 000 2,000,000 100,000 50,000 25,000 100,000 2, 375,000 4,000,000 25,000 4, 025, 000 164 KEPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 16.—National banks chartered during the year ended Oct. Capital Charter no. 13771 81,19SS—Con. Title Common Medford National Bank.. $50,000 Preferred $50,000 PENNSYLVANIA 13658 13663 13699 13700 13701 13754 13765 13772 13781 13794 13803 13812 13813 The First National Bank in Ligonier The Citizens National Bank of Bentleyville First National Bank in Sewickley First National Bank in Latrobe The Pitt National Bank of Pittsburgh The First National Bank of Peckville The Fulton County National Bank of MeConnellsburg. First National Bank of Seottdale United States National Bank in Johnstown The First National Bank at Derry First National Bank'in Sharon First National Bank in Harrisville The First National Bank at Canonsburg Total (13 banks) _ 100,000 50,000 100,000 150, 000 700,000 100, 000 50,000 300, 000 800,000 50,000 300,000 50, 000 200,000 2,950, 000 SOUTH CAROLINA 13720 The First National Bank of Columbia 200,000 TENNESSEE 13654 13681 13746 Chattanooga National Bank National Bank of Commerce in Memphis The Commercial National Bank of Chattanooga.. Total (3 banks). 13647 The First National Bank in Lott 3 13649 First National Bank in Whitney 13653 First National Bank of Sulphur Springs 13656 First National Bank of Kerens 13661 First National Bank in Orange 13665 City National Bank in Wichita Falls 13667 Citizens National Bank in Ennis 13668 First National Bank in Burkburnett 13669 The First National Bank in Mount Calm 13670 First National Bank in Midlothian 13675 First National Bank in Valley Mills 13676 Wichita National Bank of Wichita Falls 13678 The Farmers National Bank in Brenham 13683 First National Bank in Houston 13698 The Gainesville National Bank in Gainesville. 13706 The First National Bank of Trinity 13727 The Citizens National Bank in Abilene 13731 First National Bank in Cameron 13743 Mercantile National Bank at Dallas 13778 First National Bank of Temple 13810 The Farmers National Bank of Belton 13815 The First National Bank of Henrietta Total (22 banks). 1, 500, 000 1, 000, 000 250, 000 400,000 2, 750, 000 400,000 25, 000 25,000 50,000 50,000 100,000 400,000 50,000 40,000 25,000 25,000 25,000 200,000 50,000 3,000, 000 100,000 15,000 100,000 50,000 1,000,000 100,000 25,000 20,000 100,000 12,500 100,000 100,000 25,000 30,000 5,475,000 367,500 50,000 25,000 50,000 50,000 ~5O,~666 175,000 75,000 200,000 200,000 200,000 200,000 400,000 400,000 VERMONT 13685 The Windsor County National Bank of Windsor. 13712 Brandon National Bank _... 13755 National White River Bank in Bethel 13800 The Welden National Bank in St. Albans Total (4 banks) . 13775 The Citizens National Bank of Hampton... 13792 The Citizens National Bank of Petersburg. Total (2 banks) . * Receiver appointed July 25, 1933. 25,000 REPORT OF THE COMPTROLLER OF THE CURRENCY 165 TABLE N O . 16—National banks chartered during the year ended Oct. 31,1983—Con. Capital Charter no. Title Common Preferred WASHINGTON 13662 13723 13724 The Washington National Bank of Olympia.. -The First National Bank of Shelton The Colville Valley National Bank of Colville Total (3 banks) _ .. ._.. $100, 000 50,000 50,000 200,000 WEST VIRGINIA 13646 13783 13811 The Central National Bank of Buckhannon First National Bank in Marlinton First National Bank in Fairmont _ Total (3 banks) 50,000 25,000 200,000 $25,000 200,000 275,000 225,000 WISCONSIN 13645 13806 The American National Bank and Trust Company of Eau Claire.The Oshkosh National Bank 100,000 200,000 Total (2 banks) 300,000 Total United States (176 banks) .- -- 43, 414, 500 31,347,000 TABLE N O . 17.—National banks for which increase of capital was authorized, under act Mar. 9, 1933', as amended, by the issuance of preferred stock, together with the amount of increase and the rate of dividend, etc., to close of business Dec. 31, 1933 Charter no. Title ALABAMA 3185 7148 The First National Bank of Birmingham The First National Bank of Linden Date Preferred increase capital Percent of diviPar Sold at dend to be value per paid of shares share on the par value 1933 00 $100. 00 $100.00 June 5 /i$5,000,000. V 2,500,000. 00 100.00 100.00 Dec. 22 40,000. 00 100.00 100.00 Total (2 banks) 16 24 5 7, 540,000. 00 ARKANSAS 2832 The Arkansas National Bank of Hot Springs.. Aug. 16 200, 000. 00 100.00 100.00 5 5, 000,000. 00 50,000. 00 20.00 100. 00 20.00 100. 00 6 5 100. 00 100. 00 50.00 100.00 100.00 50.00 5 5 5 100,00 100. 00 100.00 300.00 100.00 100. 00 6 5 6 CALIFORNIA 9174 12904 The Anglo California National Bank of San June 29 Francisco Dec. 27 The Compton National Bank, Compton Total (2 banks) 5, 050,000. 00 COLORADO The First National Bank of Meeker The Colorado National Bank of Denver The American National Bank of Denver Sept. 18 Sept. 21 Dec. 29 Total (3 banks) 888 7435 1651 12517 1, 825, 000. 00 CONNECTICUT 943 8511 1340 Apr. 28 The Danbury National Bank, Danbury Dec. 15 The Canaan National Bank, Canaan The Central National Bank of Middletown... Dec. 22 Total (3 banks) 160,000. 00 50,000. 00 200,000. 00 410, 000. 00 i A. 2B. 166 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 17.—National banks for which increase of capital was authorized, under act Mar. 9, 1983, as amended, by the issuance of preferred stock, together with the amount of increase and the rate of dividend, etc., to close of business Dec. 31, 1933— Continued Charter no. Title 10245 7404 The First National Bank of Bradenton. _ The First National Bank of De Funiak Springs . ... Preferred increase capital Date Percent of diviPar Sold at dend value to be per of paid shares share on the par value FLORIDA 1933 Sept. 30 $150,000.00 $100.00 $100.00 Dec. 15 5 100.00 100.00 5 25.00 25.00 25.00 25.00 15 26 100,000.00 100.00 100.00 6 200,000.00 100, 000. 00 100,000.00 200,000. 00 200, 000. 00 20,000.00 150,000. 00 50,000. 00 - 10,000.00 50, 000. 00 200, 000. 00 J49, 999, 666. 67 \ 333.33 350,000.00 100.00 100.00 100.00 100.00 100. 00 100. 00 100.00 25.00 100. 00 100. 00 100.00 33.33 33.33 10.00 100.00 100.00 100.00 100.00 100. 00 100. 00 100. 00 50.00 100. 00 100.00 100. 00 33.33 33.33 10.00 6 6 4 6 6 4 6 6 4 5 6 5 5 5 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 50.00 100.00 100.00 100.00 100.00 100.00 100.00 100. 00 100.00 100.00 100.00 100.00 50.00 4 6 5 5 5 5 3 4 5 4 6 6 3, 500,000. 00 100.00 100.00 5 The Commercial National Bank of Kansas Jsept. 18 / 1350,000.00 \ 2 ioo, 000.00 City The Security National Bank of Arkansas City- Dec. 30 50,000.00 10.00 10.00 100.00 10.00 10.00 100.00 5 5 5 50,000. 00 Total (2 banks) 200,000.00 GEORGIA 7616 The Gainesville National Bank, Gainesville.._ July 13 /1 i 50,000.00 2 25,000.00 75,000.00 IDAHO 2972 The First National Bank of Lewiston June 27 ILLINOIS 1881 3854 5548 4596 4576 10460 11308 4003 11774 6460 531 13639 10247 The Dixon National Bank, Dixon— _• Apr. Apr. The Merchants National Bank of Aurora The First National Bank of Carlyle - Apr. The Old Second National Bank of Aurora ___do The Citizens National Bank of Decatur - Apr. The First National Bank of Wayne City Apr. The First National Bank of Hinsdale May The First National Bank of Harrisburg May The First National Bank of Woodlawn May The Farmers National Bank of Grayville May The Grundy County National Bank, Morris.. Aug. Continental Illinois National Bank and Trust [Dec. Company of Chicago.. Dec. The Lawndale National Bank of Chicago 13 20 22 25 29 4 9 19 25 21 22 30 Total (13 banks) 51, 630, 000. 00 INDIANA 7375 12444 5756 9562 12028 9463 8927 5300 6334 9682 9159 206 The Citizens National Bank of Tell City Old National Bank in Evansville . The Tell City National Bank of Tell City The First National Bank of Oakland City The First National Bank of Spurgeon The Farmers National Bank of Princeton The Farmers National Bank of Wadesville The First National Bank of Petersburg The Merchants National Bank of South Bend. First-Cannelton National Bank, Cannelton.__ The First National Bank of Winslow The First National Bank of Elkhart Apr. ...do Apr. Apr. Apr. Apr. 18 19 21 25 15 Apr. May June June June 27 13 5 6 28 Total (12 banks) 35,000.00 500, 000. 00 25,000.00 40,000. 00 25,400.00 100,000. 00 25,000.00 125,000. 00 150,000. 00 75,000. 00 80,000.00 100, 000. 00 1, 280, 400 00 IOWA 2307 Iowa-Des Moines National Bank &' Trust Company Dec. 30 KANSAS 6311 10746 Total (2 banks) 500,000.00 3 B. EEPORT OF THE COMPTROLLER OF THE CURRENCY 167 TABLE NO. 17.—National banks for which increase of capital was authorized, under act Mar. 9, 1933, as amended, by the issuance of preferred stocky together with the amount of increase and the rate of dividend, etc., to close of business Dec. 31, 1933— Continued Charter no. Title Preferred increase capital Date Percent of diviPar Sold at dend value to be per of paid shares share on the par value KENTUCKY 9708 5881 9365 718 8439 The Union National Bank of Providence _ The Farmers National Bank of Somerset The American National Bank of Bowling Green - . ___ The First National Bank and Trust Company of Covington The Citizens National Bank of Glasgow May 8 May 9 $30,000.00 $100.00 $100.00 100,000.00 10.00 12.50 6 5 Aug. 11 125.000.00 100.00 100.00 6 Sept. 2 Dec. 30 250,000.00 40,000. 00 10.00 100.00 10 00 100.00 5 5 100.00 100.00 100.00 100.00 10.00 25.00 10.00 50.00 25.00 100.00 100.00 125.00 200.00 20.00 25.00 10.00 75.00 25.00 6 6 6 6 6 6 5 6 5 100,000.00 30, 000.00 50, 000. 00 54,000. 00 50,000. 00 50, 000. 00 125,000.00 200,000. 00 100, 000. 00 100, 000. 00 100, 000. 00 100.00 10.00 10.00 100.00 10.00 10.00 5.00 10.00 10.00 2.50 2.50 100.00 10.00 15.00 200. 00 30.00 20.00 6.00 20.00 20.00 5.00 5.00 100,000.00 5.00 10.00 25,000.00 50.00 100.00 6 60,000.00 5.00 10.00 6 25, 000. 00 2.50 5.00 6 100.00 100.00 20.00 100.00 70.00 100.00 100.00 100.00 100.00 12.50 6 6 6 6 4 5 5 4 4 6 Total (5 banks) 545, 000. 00 MAINE 498 6287 192 9826 1142 446 1108 2311 330 First National Granite Bank of Augusta The Rumford National Bank, Rumford The First National Bank of Brunswick The Kezar Falls National Bank, Kezar Falls.. The Thomaston National Bank, Thomaston._ The First National Bank of Damariscotta The Medomak National Bank of Waldoboro_The Camden National Bank, Camden The First National Bank of Lewiston. Total (9 banks) _ _ Apr. 15 May 5 June 1 June 12 June 20 July 3 Oct. 23 Nov. 25 Nov. 29 300, 000. 00 25,000. 00 100, 000. 00 50,000.00 50,000. 00 150,000 00 35, 000. 00 50,000.00 400,000.00 1,160,000. 00 MARYLAND 4634 3010 5445 7064 11193 8799 8381 742 7160 4049 1551 8456 6606 9699 Mar. 29 The First National Bank of Aberdeen The First National Bank of Havre de Grace. _ Mar. 31 The Citizens National Bank of Havre de Grace. Apr. 1 The First National Bank of North East Apr. 5 The National Bank of Perryville Apr.. 22 The Woodbine National Bank, Woodbine Apr. 26 The Second National Bank of Towson . .do Apr. 29 The First National Bank of Westminster The First National Bank of Mount Airy May 2 The Second National Bank of Hagerstown May 6 The Washington County National Bank of Williamsport _ Aug. 3 The Southern Maryland National Bank of La Plata Aug. 12 The First National Bank of St. Mary's at Leonardtown Sept. 27 The Clear Springs National Bank, Clear Springs - Nov. 14 Total (14 banks) / I 1 2 Mar. 23 The Warren National Bank of Peabody North Adams National Bank, North Adams. _ Apr. 8 The Somerville National Bank, Somerville ...do.-.. Apr. 20 The Methuen National Bank, Methuen May 24 The National Bank of Wrentham The Peoples National Bank of Southbridge... June 7 The First National Bank of Gardner June 21 The First National Bank of Easthampton June 26 The Peoples National Bank of Marlborough.. July 5 688 The Waltham National Bank of Waltham Aug. 31 Total (10 banks) 31460°—34- - 1 2 i A. 6 6 6 1,169,000. 00 ===== MASSACHUSETTS 616 1210 4771 12800 1085 11388 884 428 2404 6 6 6 6 6 4 6 6 150,000. 00 200,000.00 400,000. 00 115,000.00 52,500.00 51,200. 00 250,000. 00 100,000. 00 125,000.00 200,000. 00 1,643,700.00 2B. 100.00 100.00 20.00 100.00 70.00 100.00 100.00 100.00 100.00 12.50 168 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 17.—National banks for which increase of capital was authorized, under act Mar. 9, 1933, as amendedf by the issuance of preferred stock, together with the amount of increase and the rate of dividend, etc., to close of business Dec. 31,1933— Continued Percent Charter no. Title Date Preferred increase capital of diviPar dend value Sold at to be of paid share shares on the par value MICHIGAN 11305 4446 9087 12697 1933 $50,000.00 $100.00 $200.00 The First National Bank of Wakefield June 6 First National Trust and Savings Bank of Port }june 30 / i 500,000.00 50.00 50.00 \ 2 400,000.00 50.00 50.00 Huron. 100,000.00 100.00 100.00 The Superior National Bank of Hancock Sept. 11 12,500.00 100.00 100.00 The Dart National Bank of Mason Dec. 27 Total (4 banks) 6 5 5 6 5 1,062,500.00 MINNESOTA 6973 6828 7958 The First National Bank of Carlton The American National Bank of St. Paul First National Bank of Hopkins 30,000.00 Apr. 26 May 11 /I 1,000,000.00 1,000,000. 00 40,000.00 Dec. 16 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 6 6 6 5 100.00 25.00 100.00 25.00 6 4 July 29 1, 250, 000. 00 100.00 00 20.00 Dec. 29 \f 11,000,000. 2 500,000.00 20.00 100.00 20.00 20.00 5 15 »6 100. 00 100.00 100.00 6 5 6 Total (3 banks) 2,070,000.00 MISSOURI 12333 12955 Apr. 25 The First National Bank of Clayton The Citizens National Bank of Maplewood_._ Aug. 8 Total (2 banks) 150,000.00 100,000.00 250,000.00 NEBRASKA 1633 209 The Omaha National Bank, Omaha The First National Bank of Omaha Total (2 banks) 2, 750, 000. 00 NEW HAMPSHIRE 1070 19 8147 The Souhegan National Bank of Milford May 3 The First National Bank of Portsmouth.. _ ___do The Wolfeboro National Bank, Wolfeboro July 3 Total (3 banks). 125,000. 00 100.00 250, 000. 00 100.00 123, 000.00 100.00 498, 000. 00 NEW JERSEY 5215 2257 10712 10376 12022 2246 12033 8627 12037 3996 8267 10787 860 The First National Bank of Perth Amboy__.. Apr. 12 The Second National Bank and Trust Company of Red Bank do—. The Citizens National Bank of Bloomsbury... May 1 The Keansburg National Bank, Keansburg___ _..do The Laurel Springs National Bank, Laurel Springs May 9 The First National Bank of Clinton June 1 The North Arlington National Bank, North Arlington June 3 The First National Bank and Trust Company June 9 of Kearny June 20 The Ridgefield National Bank, Ridgefield The Haddonfield National Bank, Haddonfield- June 21 The Peoples National Bank of Hacketstown. _ June 23 The First National Bank and Trust Company of Pompton Lakes __ _. July 6 Aug. 10 The First National Bank of Washington 300,000. 00 100.00 100.00 750,000.00 100.00 200.00 15.00 5.00 60, 000. 00 50, 000.00 100. 00 100.00 25,000. 00 50, 000. 00 50.00 12.50 25,000. 00 5 6 6 6 50.00 37.50 4 6 25.00 50.00 6 150, 000.00 25.00 100, 000.00 10.00 100, 000.00 100.00 5.00 100,000.00 50.00 25.00 100. 00 5.00 6 6 6 6 200,000.00 10.00 200, 000. 00 100.00 30.00 300.00 6 100.00 100.00 6 6 3 2,110, 000. 00 Total (13 banks) NEW MEXICO 7720 7043 The First National Bank of Las Cruces The First National Bank of Artesia Total (2 banks) May 20 July 28 50,000.00 50,000.00 100,000.00 i A. 100.00 100.00 REPORT OF THE COMPTROLLER OF THE CURRENCY 169 TABLE N O . 17.—National banks for which increase of capital was authorized, under act Mar. 9, 1983, as amended, by the issuance of preferred stock, together with the amount of increase and the rate of dividend, etc., to close of business Dec. 31,1983— Continued Charter no. Title Date Preferred increase capital Percent of diviPar dend at to be value Sold per paid of shares share on the par value NEW YORK 9825 8398 10816 2468 6648 893 11742 8794 10111 4988 9900 6482 6196 1264 1422 10856 12496 5605 12550 5390 5407 10446 11927 4858 13567 8453 13559 2472 The Yonkers National Bank and Trust Com1933 pany, Yonkers Mar. 29 The Peekskill National Bank and Trust Company, Peekskill Apr. 3 The First National Bank of Lisle Apr. 4 The Briges National Bank & Trust Company of Clyde Apr. 20 The First National Bank of Caledonia Apr. 24 Saratoga National Bank of Saratoga Springs.. _._do The Port Leyden National Bank, Port Leyden May 1 The First National Bank of Islip --.do The First National Bank of Newark Valley--. May 2 The Citizens National Bank of Wellsville May 3 The Ticonderoga National Bank, Ticonderoga. May 8 The First National Bank of Remsen May 10 The First National Bank ofWayland May 12 The National Bank of Vernon.— May 13 The West Chester County National Bank of Peekskill May 16 The Athens National Bank, Athens— May 19 The First National Bank of Narrowsburg May 22 The First National Bank of Hermon May 27 The Jamaica National Bank of New York, Jamaica do The First National Bank of Spring Valley. ___ June 1 The First National Bank of Falconer doThe First National Bank of Heuvelton July 25 TheMaybrook National Bank, Maybrook July 29 The Citizens National Bank of Port Henry. July 31 First National Bank in Highland Falls Aug. 1 The National Chautauqua County Bank of Jamestown Aug. 25 First National Bank in Montgomery Nov. 21 The First National Bank of Salamanca Nov. 24 Total (28 banks) ___ $400,000. CO $20.00 $40.00 5 100,000. 00 30,000. 00 50.00 10.00 200.00 30.00 $ 100,000. 00 150, 000. 00 100, 000. 00 25, 000. 00 100, 000. 00 25, 000. 00 100, 000. 00 100, 000. 00 31, 500. 00 50, 000. 00 62, 500. 00 10.00 100.00 1.00 100.00 10. 00 10.00 100.00 10.00 100.00 100.00 25.00 35.00 100.00 5.00 240. 00 25.00 20.00 125. 00 25.00 200.00 200.00 50.00 6 4^ 6 6 6 3 6 6 6 6 6 500,000. 00 10.00 50, 000. 00 10.00 62, 500. 00 100.00 50,000. 00 10.00 50.00 25.00 200.00 21.60 6 6 6 6 225,000. 00 50.00 100.00 100, 000. 00 25.00 75.00 50, 000. 00 100.00 300.00 49, 000. 00 10.00 20.00 25, 000. 00 10.00 60. 00 135, 000. 00 100. 00 200. 00 75, 000. 00 7.50 7.50 g 6 6 6 6 6 6 625, 000. 00 40, 000. 00 25, 000. 00 6 25.00 10.00 10.00 100.00 40.00 10.00 5 6 5 115, 000. 00 100.00 25,000. 00 10.00 250,000. 00 100.00 200, 000. 00 10.00 100.00 15.00 100. 00 10.00 6 6 6 5 50, 000. 00 100. 00 100. 00 30,000. 00 100.00 125.00 30, 000. 00 100.00 100.00 4, 000, 000. 00 30.00 30.00 4 6 5 6 3,385, 500. 00 NORTH CAROLINA 4628 2981 6776 13657 First & Citizens National Bank of Elizabeth City The First National Bank of Salisbury The First National Bank of Shelby The Depositors National Bank of Durham Apr. June June Dec. 1 14 26 30 Total (4 banks) 590, 000. 00 OHIO 419 715 3234 786 The First National Bank of Galion The First National Bank of Batavia._ TheMilford National Bank,Milford The National City Bank of Cleveland May May May July 17 18 22 21 Total (4 banks) 4,110,000.00 OKLAHOMA 11230 100.00 The Liberty National Bank of Oklahoma City. Aug. 18 / i 600, 000. 00 100.00 \ 2500,000.00 1,100,000.00 100.00 100. 00 5 5 150, 000. 00 100.00 100.00 75, 000. 00 100. 00 100.00 75, 000. 00 10.00 20.00 25, 000. 00 100.00 100.00 6 4 6 6 PENNSYLVANIA 4481 6741 6496 6351 The The The The Second National Bank of Connellsville.— First National Bank of Garrett First National Bank ofMilford Peoples National Bank of Tarentum 'A. Apr. Apr. Apr. Apr. 13 17 18 22 2B. 170 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 17.—National banks for which increase of capital was authorized under act Mar. 9, 1933, as amended, by the issuance of preferred stock, together with the amount of increase and the rate of dividend, etc., to close of business Dec. 31,1933— Continued Percent of divi- Charter no. 3808 520 9600 311 13197 664 12934 12063 175 13160 3829 Title Date PENNSYLVANIA—continued 1933 Apr. 29 May 5 The Mountville National Bank, Mountville___ The First National Bank of Warren— The First National Bank of Jessup The First National Bank of Gettysburg The Union National Bank of Jersey Shore The First National Bank of Carbondale The Union National Bank of Carnegie The First National Bank of Windsor The First National Bank of Williamsport The Glen Lyon National Bank, Glen Lyon The First National Bank of Homestead Total (15 banks) May 29 June 8 July 5 July 25 July 31 Sept. 20 Oct. 3 Oct. 30 Dec. 29 Preferred increase capital Par at dend value Sold to be per paid of share on the shares par value $200,000.00 100,000.00 50,000.00 25,000.00 50,000. 00 300,000.00 50,000.00 25,000. 00 200,000.00 50,000.00 150,000.00 $25.00 $25.00 100.00 100.00 100.00 100.00 25.00 100.00 50.00 50.00 10.00 20.00 50.00 50.00 100.00 120.00 10.00 10.00 50.00 100.00 100.00 100.00 5 5 6 6 6 5 6 5 6 5 1, 525,000. 00 RHODE ISLAND 1546 The Aquidneck National Exchange Bank and Savings Company of Newport. June 2 250,000. 00 50.00 60.00 6 2044 The South Carolina National Bank of Charles- Aug. 19 800,000.00 100.00 100.00 6 4,000, 000. 00 250,000. 00 100.00 100.00 100.00 100.00 6 5 SOUTH CABOLINA TENNESSEE 3032 13640 The American National Bank of Nashville The First National Bank in Bristol Total (2 banks) June 13 Dec. 27 4, 250,000.00 TEXAS 13665 3638 13743 12186 3785 2349 3159 3131 City National Bank in Wichita Falls The First National Bank of Paris. Mercantile National Bank at Dallas Republic National Bank and Trust Company The Texarkana National Bank, Texarkana The First National Bank of Fort Worth The Merchants and Planters National Bank The Fort Worth National Bank, Fort Worth. 6 6 16 26 400,000.00 150, 000.00 1,000,000. 00 2,000,000. 00 100.00 100.00 20.00 20.00 100.00 100.00 20.00 20.00 6 6 5 5 Dec. 29 Dec. 30 ...do 250, 000. 00 750, 000. 00 400,000.00 100.00 20.00 50.00 5 5 5 1,000,000. 00 20.00 100. 00 20.00 50.00 20.00 5 100.00 100.00 100.00 100.00 6 5 Apr. May Aug. Dec. ...do Total (8 banks) 5,950,000. 00 UTAH 4564 2597 The First National Bank of Park City First National Bank of Ogden Total (2 banks) Apr. 10 Dec. 23 32, 500.00 600,000. 00 632, 500. 00 VERMONT 1700 1430 748 2959 122 6252 The Central National Bank of Rutland Vermont-Peoples National Bank of BrattleThe First National Bank of Montpelier The Clement National Bank of Rutland The First National Bank of Springfield First National Bank of Bristol, Apr. 14 Apr. 15 60,000. 00 300,000.00 100.00 25.00 100.00 25.00 5 6 Apr. 17 Apr. 28 May 19 250,000. 00 225,000.00 100,000. 00 25,000. 00 100.00 10.00 100.00 10.00 150.00 20.00 100.00 20.00 6 6 6 6 25,000. 00 10.00 20.00 The Middleburg National Bank, Middleburg. May 6 20,000.00 100.00 100.00 The Farmers National Bank of Appamattox.. June 9 250, 000. 00 Oct. 30 100. 00 100.00 The Dominion National Bank of Bristol 99 r 1300, ooo. oo 20.00 20.00 The Shenandoah Valley National Bank of\ T » \ 2100,000. 00 20.00 20.00 Winchester. / 695,000. 00 Total (4 banks) 6 6 5 5 5 June 24 960,000.00 Total (6 banks) VIRGINIA 12539 11205 4477 1635 OO i A. 1 B. 171 REPOBT OF THE COMPTBOLLEB OF THE CTJKKENCY TABLE N O . 17.—-National banks for which increase of capital was authorized, under act Mar. 9, 1938, as amended, by the issuance of preferred stock, together with the amount of increase and the rate of dividend, etc., to close of business Dec. 31, 1938— Continued Charter no. WASHINGTON 13137 12153 4668 9411 The Washington National Bank of Vancouver. The University National Bank of Seattle.. The Old National Bank and Union Trust Company of Spokane. The First National Bank of Okanogan Total (4 banks) Preferred increase capital Date Title 1933 Apr. 20 June 8 Oct. 7 Percent of diviPar Sold at dend value to be per of paid shares share on the par value $50,000.00 $100. 00 $100. 00 100,000.00 100.00 100. 00 500,000.00 100.00 100. 00 Dec. 22 40,000.00 _. 6 6 5 100.00 100.00 6 50.00 50.00 100. 00 100.00 100.00 100. 00 250. 00 100.00 6 6 3 6 10.00 40.00 100.00 10.00 40.00 100. 00 4 5 5 690,000. 00 WEST VIRGINIA 7029 7681 10250 6830 The Empire National Bank of Clarksburg The Union National Bank of Clarksburg The Peoples National Bank of Rowlesburg— The First National Bank of Williamson Apr. 13 __.do Apr. 22 June 30 250, 000. 00 250,000. 00 10,000. 00 200,000.00 Total (4 banks) 710,000. 00 WISCONSIN 12124 4312 The First National Bank of Eagle River. The First National Bank of Rhinelander June 1 Oct. 19 f \ Total (2 banks) 35,000. 00 i 75,000.00 2 75,000. 00 185,000. 00 Total United States (196 banks) 111,501,600.00 1A. 2B. TABLE N O . 18.—National banks chartered which are conversions of State banks during the year ended Oct. 31, 1938 Charter no. Title and location 13652 The Illinois National Bank & Trust Co. of Rockford. 13674 13697 13713 13723 13724 13725 13743 13761 13765 13770 13784 State Date of charter 111 1932 Dec. 19 1933 Apr. 5 June 2 June 24 July . 3 July 5 The Live Stock National Bank of Chicago. ... do— The First Capital National Bank of Iowa Iowa._ City. The First National Bank in Cannon Falls. Minn. The First National Bank of Shelton Wash. The Colville Valley National Bank of __.do... Colville. The Geo. D. Warthen National Bank of Ga_— Sandersville. Mercantile National Bank at Dallas Tex... Security National Bank of Greensboro.._ N.C-The Fulton County National Bank of Pa_ — McConnellsburg. The National Bank of McAlester Okla._ The Citizens National Bank of Madelia.. Minn. Total (12 banks) » $300,000 of which is preferred capital stock. Approxim a t e surplus and undivided profits Approximate assets $200,000 $56, 638 $3,056,643 1,000, 000 100, 000 268,955 43,165 15, 354,172 1, 559, 426 60,000 50, 000 50,000 23,613 109,802 38,964 758,903 1, 233, 656 513,195 Authorized capital 6 50,000 63,322 424,833 Aug. 2 Aug. 26 Sept. 5 1,000, 000 i 600,000 50,000 398, 352 150,000 143,037 13,583,996 2,058,316 833,029 Sept. 11 Sept. 23 100,000 50,000 65,319 20, 571 1, 256, 807 300, 311 i 3,310, 000 1,381, 738 40,933, 287 July TABLE N O . 19.—National banks, by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year ended Oct. 81, 1933 Organized Number Authorized Number Authorized with common preferred charpreferred capital tered capital stock Location Maine New Hampshire Vermont _ Massachusetts Connecticut Total New England States New York New Jersey. _„. .. Pennsylvania.. .... Maryland. _ District of Columbia Total Eastern States Virginia ._ West Virginia-. North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee - - _ __ _. . . _ Total Southern States Ohio Indiana Illinois Michigan Wisconsin Minnesota . _______ Voluntary liquidation Failed Number Capital 1 Assets Number Capital $300,000 Gross assets $4,009,862 1 $150,000 $1,268,035 4 550,000 8,231,486 1 150,000 1,998,202 5 700,000 9,499,521 2 450,000 6,008,064 19 17 15 6 2 3,575,000 2,550,000 2,085,000 310,000 3,000,000 i 42, 278,835 2 36,783,023 3 32,170,331 4,679,159 29,507,730 2 3 8 2 125,000 625,000 1,075,000 250,000 2,457,965 4,709,752 14,775,211 3, 267,090 1, 075, 000 59 11,520,000 145,419,078 15 2,075,000 25,210,018 400,000 225,000 580,000 125,000 85,000 190,000 1,000,000 300,000 375,000 325,000 150,000 75,000 1,575,000 25,000 225,000 2,350,000 4 791, 503 738, 737 1,190, 223 7,849,473 1,570, 735 s 1,979, 241 2,162,041 2,682, 501 407,137 8 6,350,494 73, 437 1,380,075 24,275, 715 2 5 2 75,000 750,000 500,000 671, 700 8,568,698 4,441,612 10 2 4 3 1 $1,709,000 75,000 175,000 240,000 150,000 6 1 2 2 1 $575,000 25,000 75,000 160,000 200,000 20 2,349.000 12 1,035,000 2 100,000 13 6 1 2,950,666 825,000 1,000,000 2 1,075,000 22 4,875,000 2 2 3 5 1 1 400,000 275,000 775,000 200,000 50,000 2 2 4 1 I O 3 2 6 22 2 3 3 200,000 250,000 4,280,000 5,475,000 75,000 300,000 2,750,000 3 1 4 6 1 1 1 200,000 200,000 3,400,000 367,500 25,000 100,000 400,000 2 2 3 3 4 3 5 2 2 13 1 5 7 53 15,030,000 25 5,897,500 52 6,800,000 51,451,312 52 10,735,000 105,778,064 9 6 23 11 2 3 820,000 1,700,000 3,685,000 9,498,000 300,000 135,000 3 4 3 10 215,000 2,670,000 400,000 13,952,000 15 24 31 20 13 887,500 1,765,000 2,735,000 38, 230,000 1,775,000 525,000 7 6,380,224 8 9,604,055 29, 769,454 636,894, 832 e 13,790,277 10 5,090,825 3 6 13 1 9 325,000 680.000 3,010, 000 100,000 1,725,000 2,628,576 6,087,977 22,018,474 905, 223 16,135,506 13 8 1 100,000 288,189 2 1 3 31 450,000 300,000 1,625,000 6,245, 000 2,887,393 3,170,305 20,053,062 59,053,399 3 2 240,000 450,000 2,081,692 4, 562,014 o North Dakota South Dakota Nebraska Kansas Montana Colorado New Mexico Oklahoma. __ Total Western States _ Washington Oregon . __ California Idaho Nevada Arizona _ Total Pacific States Total United States _ _ _ _ _ -- 00 CO Iowa Missouri Total Middle Western States 615,000 1,057,500 1 2 60,000 1,442, 500 34 9 1,445,000 1,875,000 H9,926,419 1213,881, 349 10 3 775,000 105,000 8,333,341 535,172 65 17,810, 500 23 18,739, 500 159 49, 237, 500 725, 337, 435 45 6, 720,000 56, 644, 269 1 100,000 1 150,000 1 100,000 1 100,000 2 4 11 11 2 11 50,000 145, 000 635, 000 440,000 100,000 505,000 is 165,907 H 1,114, 866 4, 250, 793 3, 550, 213 532, 740 4, 787, 214 3 1 3 2 150,000 100,000 150,000 200,000 1, 435, 732 1, 247, 531 803,138 908, 283 1 250, 000 1,063,995 1 6 250,000 2, 375,000 1 2 250,000 4, 025, 000 12 525, 000 is 3, 968, 267 12 3, 725,000 35, 432, 434 9 2, 825, 000 5 4, 525, 000 53 2, 400, 000 18, 370, 000 22 4, 575,000 40,891,113 3 1 2 1 200,000 50,000 175,000 100,000 50,000 25,000 3 6 9 100,000 700,000 3, 750, 000 is 329, 344 5, 404, 713 42,147,178 1 8 7 2 100,000 750,000 1,175,000 125,000 1, 235, 711 9, 640, 259 7,967,430 833,546 2 900,000 10, 286, 043 1 100,000 478,929 1 1 7 525,000 2 75,000 20 5,450, 000 58,167, 278 19 2, 250, 000 20, 155, 875 176 43, 414, 500 69 31,347,000 348 76,107, 500 1, 008, 244, 624 155 26, 805, 000 254, 687, 403 1 Includes 2 banks with capital aggregating $150,000 and assets of $295,502 previously reported in voluntary liquidation. Includes 1 bank with capital of $50,000 and assets of a nominal value previously reported in voluntary liquidation. Includes 1 bank with capital of $100,000 and assets of $271,937 previously reported in voluntary liquidation. Includes 1 bank with capital of $50,000 and assets of $20,000 previously reported in volunatry liquidation. Includes 1 bank with capital of $200,000 previously reported in voluntary liquidation. Includes 1 bank with capital of $60,000 previously reported in voluntary liquidation. Includes 4 banks with capital aggregating $225,000 and assets of $528,351 previously reported in voluntary liquidation. Includes 3 banks with capital aggregating $570,000 and assets of $106,094 previously reported in voluntary liquidation. Includes 1 bank with capital of $250,000 previously reported in voluntary liquidation. i° Includes 1 bank with capital of $25,000 previously reported in voluntary liquidation. 11 Includes 2 banks with capital aggregating $150,000 and assets of $67,982 previously reported in voluntary liquidation. 12 Includes 1 bank with capital of $200,000 preyiously reported in voluntary liquidation. 13 Includes 1 bank with capital of $25,000 previously reported in voluntary liquidation. 1164 Includes 1 bank with capital of $30,000 and assets of $86,851 previously reported in voluntary liquidation. Includes 1 bank with capital of $100,000 and assets of $55,911 previously reported in voluntary liquidation. 16 Includes 1 bank with capital of $50,000 previously reported in voluntary liquidation. 2 3 4 6 6 7 8 9 a o B r 00 174 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 20.—Number and classification of national banks chartered monthly during the year ended Oct. 31, 1933 Primary organizations Reorganizations Conversions Total Months Number Number Capital November.. December.. January February.. March April May June July August September. October $200,000 1,000,000 160,000 150,000 1, 600, 000 200,000 Total. 12 3, 310,000 Number Capital Number Capital $75,000 1,675,000 650,000 150,000 1, 065, 000 7,425,000 9,375, 000 3,187, 500 5, 580,0Q0 4, 650,000 4, 734,000 5,380,000 $100,000 1,025,000 400,000 350,000 17, 525,000 135 43,946, 500 29 27, 505,000 Capital $175, 000 2, 900, 000 1, 050,000 500,000 18, 590, 000 8, 425, 000 9, 675, 000 5,047, 500 8,830,000 8,550,000 5,434, 000 5, 585,000 300,000 1, 700,000 3,100,000 2, 300,000 500,000 205,000 176 74,761, 500 TABLE N O . 21.—Principal items of assets and liabilities of national banks, classified according to capital stock, Dec. 31, 1932 CAPITAL STOCK OF LESS THAN $50,000 [In thousands of dollars] Number of banks Location COUNTRY BANKS Maine . . _ __ _ New Hampshire Vermont . M assachusetts Connecticut _ Total New England States. New York New Jersey Pennsylvania Delaware Maryland Total Eastern States Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Louisiana Texas Arkansas Kentucky ._ . Tennessee _ _ Total Southern States Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri. _ __. _ _. . . Total Middle Western States Loans and Bonds discounts, and securities including overdrafts owned Total assets Capital Surplus and unTotal divided deposits profits 3 3 5 3 72 330 840 681 577 109 238 527 525 423 307 737 1,537 1,659 1,195 25 75 75 125 75 68 56 87 138 15 2,500 1,822 5,435 375 426 4,159 79 23 159 3 15 15,813 6,207 30,685 648 4,227 17,035 4,910 32, 536 519 4,030 37,389 12, 940 73,112 1,280 9,361 2,075 600 4,115 75 395 2,174 1,047 7,469 88 706 28,893 9,900 55,262 974 7,664 279 57, 580 59, 030 134, 082 7,260 11,484 102, 693 27 19 4 6,581 3,407 527 2 16 5 146 21 22 19 719 42 2,143 526 12, 781 1,979 4,947 3,046 2,408 1,244 175 207 271 169 1,095 140 4,980 1,259 2,852 1,273 10,631 6,083 898 841 1,297 332 4,663 915 26,093 4,323 9, 888 5,468 740 540 130 75 195 40 455 125 3,990 535 605 515 732 389 44 49 112 32 473 9 2,063 266 772 336 8,068 4,373 620 624 726 215 3,158 610 17, 347 3,007 7,749 3,929 291 37,105 16, 073 71, 432 7,945 5,277 50, 426 50 46 100 16 27 113 57 23 7,835 6,247 10,815 1,962 4,128 18, 566 8,172 2,870 5,697 3,948 10,629 1,989 3,263 17,468 4,332 1,666 16, 542 12, 784 26,499 4,783 8,595 43,291 15,494 6,191 1,391 1,262 2,747 460 715 3,025 1,575 610 1.131 637 1,391 178 380 1,853 830 308 12,390 9,429 19, 694 3,405 6,577 33, 560 10, 835 4,740 432 60, 595 48,992 134,179 11, 785 6,708 100, 630 1 77 204 525 1,168 1,315 947 REPORT OF THE COMPTROLLER OP THE CURRENCY TABLE N O . 21.—Principal items of assets and liabilities of national 175 banks, classified according to capital stock, Dec. 81, 1982—Continued CAPITAL STOCK OF LESS THAN $50,000—Continued [In thousands of dollars] 111 Location Loans and Bonds discounts, and securities including overdrafts owned Total assets Capital Surplus and u n divided profits Total deposits COUNTRY BANKS—continued 45 North Dakota 40 South Dakota Nebraska _ _ _ __ 58 99 Kansas - 23 Montana 7 Wyoming 39 Colorado - ___. 10 New Mexico -_ - -136 Oklahoma 457 Total Western States Washington Oregon California __ _ _ . __ Idaho - Utah Nevada Arizona Total Pacific States Total United States 22 17 30 11 3 3 2 6,948 5,674 8,859 12, 475 1,901 803 4,776 1,076 12,151 2,900 2,758 4,246 5,387 1,406 1,238 3,225 697 11,930 12,183 10, 253 16,102 23,489 4,312 3,196 10, 380 2,456 33,466 1,180 1,030 1,5*0 2,602 590 190 1,045 260 3,540 807 549 1,083 1,362 217 192 587 165 1,471 8,448 6,755 11,442 16,658 2,974 2,638 7,356 1,773 26, 256 54,663 33, 787 115, 837 12, 017 6,433 84,300 2,624 1,658 4,046 1,127 699 875 151 3,089 1,435 3,903 820 171 659 423 7,051 4,201 10, 764 2,524 1,032 1,833 736 580 435 750 300 75 90 50 300 258 651 151 123 100 14 5,584 3,149 8,419 1,762 756 1,528 620 88 11,180 10,500 28,141 2, 280 1,597 21,818 1,562 223,623 170,304 489,106 41, 662 31,925 364, 026 C A P I T A L S T O C K O F $50,000 B U T L E S S T H A N $200,000 RESERVE CITIES Dallas Waco Pueblo Seattle Total reserve cities 1 1 1 1 942 152 204 296 1,863 350 1,131 295 5,119 803 1,757 1,315 150 100 100 100 300 59 105 44 4,381 517 1,448 1,120 4 1,594 3,639 8,994 450 508 7,466 3,339 4,426 2,637 8,651 477 3,056 47,580 36,386 34,923 91,118 1,358 23,188 COUNTRY BANKS 2,365 3,705 3,285 *' 8,042 420 2,245 M!aine New Hampshire Vermont Massachusetts -Rhode Island Connecticut. _ Total New England States. 30 42 36 81 4 25 21, 416 21,959 20,087 49,906 1,260 13,833 27,149 18,831 19,433 46, 544 859 12,192 57, 549 49, 681 45,186 117,142 2,618 31, 393 218 128, 461 125, 008 303, 569 20, 062 22,586 234,553 New York New Jersey ._ _ Pennsylvania Delaware Maryland 284 162 421 9 45 174, 260 100,146 278,125 3,712 35, 062 184. 804 91,301 243.465 2,979 32, 801 414, 768 228, 403 607, 038 7,741 78, 386 24, 225 14, 465 37, 668 660 3,695 27,631 14, 386 67, 349 838 5,152 324, 569 177,301 445, 723 5, 387 63, 495 921 591, 305 555, 350 1, 336, 336 80, 713 115, 356 1,016, 475 84 Virginia -49 West Virginia 26 North Carolina 10 South 36 GeorgiaCarolina 33 Florida Alabama - _ 39 19 Mississippi 16 Louisiana 271 Texas 23 Arkansas _ _ 73 Kentucky 48 Tennessee. Total Southern States.... 727 53, 813 29,342 13, 710 5,244 13, 381 7,639 14, 571 12,184 6,060 76,389 7, 508 41,353 26,079 17,103 12, 569 5,204 2,602 8,092 19,964 7,180 8,543 3, 284 46, 548 5,690 18,039 9,434 85, 768 51, 470 25, 292 10, 461 27, 671 36, 018 28, 331 26, 716 12,190 175,169 18,116 73,421 43,939 6,998 3,917 2, 375 810 3,290 2,725 3,015 1,885 1,300 19,733 1,715 5,923 3,824 6,336 3,439 1,920 509 2,422 1,784 2,814 1,598 868 13,990 1,131 5,132 2,749 62,973 36,727 18,263 7,640 17, 601 28,937 17, 936 2€,423 8,360 124,060 13, 461 53,946 30, 585 307, 273 164, 252 614,562 57, 510 44, 692 440,912 ... - Total Eastern States 176 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 21.—Principal items of assets and liabilities of national banks, classified according to capital stock, Dec. 31, 1932—Continued CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000-Continued [In thousands of dollars Number of banks Location Loans and Bonds discounts, and secuincluding rities overdrafts owned Total assets Capital Surplus and un- Total divided deposits profits COUNTRY BANKS—continued Ohio Indiana Illinois Michigan. Wisconsin Minnesota . _ Iowa Missouri Total Middle Western States 150 82 182 62 71 91 91 47 66,673 34,303 70,001 29,366 35,785 29,861 30,720 14,724 47,669 27,435 71,539 35,341 34,084 41,306 23,709 14,278 141, 263 78,871 175,471 77,781 84,826 90,759 68,097 39, 289 12,622 7,237 13,868 5,310 5,775 6,400 6,025 3,475 11,300 4,268 10,496 3,588 4,619 4,210 3,170 2,265 102,765 58,072 133,119 59,878 65,264 73,185 50,828 29,840 776 311,433 295, 361 756, 357 60, 712 43,916 572,951 28 28 87 101 20 15 44 14 77 13,704 12,104 27,532 30,350 6,915 10, 264 15, 260 6,270 19,669 10,442 12,968 19,158 23, 589 7,874 6,447 15, 421 5,883 32, 370 29,962 31,649 58,678 75, 967 19, 716 21, 256 39,413 15,606 69,508 2,170 2,050 5,655 6,900 1,670 1,280 3,195 1,000 5,250 1,517 1,731 3,595 4,193 1,284 1,466 1,931 589 2,712 23,802 24, 982 42,296 58,356 15,760 16, 737 30, 218 12,629 57,263 414 142,068 134,152 361,755 29,170 19,018 282,043 . 44 43 87 16 8 3 5 14, 843 14.615 31,913 5,090 3,608 1,574 1,430 20,307 15,074 30,636 5,264 1,639 1,258 1,939 44,413 38,343 78,165 14,128 6,455 3,615 4,849 3,325 3,335 7,118 1,050 550 210 400 1,967 1,877 3,774 669 339 241 142 34,777 29,238 59,155 11,329 4,724 2,734 3,951 _. 206 73,073 76,117 189,968 15,988 9,009 145,908 4 1,331 1,902 4,681 275 242 3,896 3,266 1, 554,944 1, 352,142 3, 567, 228 264,430 254,819 2,696,738 _ 3,270 1, 556, 538 1,355, 781 3, 576,222 264,880 255,327 2,704, 204 84 314 3,378 558 1,716 1,159 1,151 117 579 205 231 422 1,105 1,088 58 167 279 360 891 373 675 466 393 189 61 5,609 3,146 26,445 3,665 15,456 4,656 15,524 2,933 11, 474 4,524 6,234 4,497 6,569 9,119 1,472 4,498 8,913 3,435 17, 510 9,689 14, 671 12, 673 9,842 5,836 1,809 North Dakota. South Dakota Nebraska.. . Kansas Montana __ . _ .. Wyoming . Colorado - -New Mexico Oklahoma Total Western States Washington . Oregon California Idaho --Utah Nevada Arizona Total Pacific States Alaska (nonmember banks) Total country banks Total United States C A P I T A L S T O C K O F $200,000 B U T L E S S T H A N $500,000 EESERVE CITIES Brooklyn and Bronx Buffalo. Philadelphia Baltimore Washington Charlotte El Paso Fort Worth Galveston San Antonio Waco Nashville Cincinnati Chicago Minneapolis St. P a u l . Des Moines Dubuque Sioux City Kansas City, M o . St. Joseph St. Louis Lincoln Omaha... Kansas City, Kans 3,469 1,222 18,452 2,258 8,002 3, 343 5,316 2,162 5,573 2,404 2,576 3,342 1,382 2,114 793 2,815 3,011 1,146 5,661 4,881 5,950 2,257 4,554 3,102 862 2,659 4,084 12,531 1,542 5,832 1,777 7,544 411 3,890 1,593 2,400 787 5,238 5,757 554 1,181 3,635 2,043 8,505 3,040 3,251 9,857 3,378 2,013 864 7,927 5,920 38, 031 4,940 19, 261 7,116 17,982 3,479 13, 056 6,021 6,964 5,566 8,374 12, 926 1,936 5,157 9,643 4,297 20, 246 10,843 16, 270 14, 737 11, 336 6,940 2,268 900 800 2,800 400 1,075 5$) 600 200 400 650 250 300 400 1,250 200 350 250 200 1,050 700 600 700 500 650 200 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 21.—Principal items of assets and liabilities of national 177 banks, classified according to capital stock, Dec. 81, 1932—Continued CAPITAL STOCK OF $200,000 BUT LESS THAN" $500,000-Continued [In thousands of dollars] Number of banks Location Loans and Bonds discounts, and secuincluding rities overdrafts owned Total Capital Surplus and undivided profits Total deposits RESERVE CITIES—continued Topeka Wichita Helena Denver Oklahoma City Tulsa Seattle Portland Total reserve cities 70 1,105 814 1,292 814 2,126 3,099 456 2,757 2,107 1,416 3,744 438 3,876 2,253 645 4,016 4,586 2,967 8,078 1,709 8, 569 7,406 2,028 11,153 200 400 300 250 500 450 200 600 121 117 357 113 148 152 96 484 4,051 2,340 7,059 1,321 7,909 6,771 1,721 9,464 109,110 112, 861 307, 732 18, 825 17, 607 250,835 26, 885 11,491 6,781 57, 683 7,019 30,839 21, 264 10, 543 4,659 50,300 5,442 17,148 57, 781 26,167 13, 314 130,996 13, 867 56, 737 2,925 1,800 1,300 9,290 750 4,382 4,069 2,940 646 8,700 1,569 4,337 46, 780 19,462 9,412 104, 065 10,783 43,468 COUNTRY BANKS Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Total New States England New York New Jersey Pennsylvania Delaware Maryland Total Eastern States 78 140, 698 109,356 298,862 20,447 22,261 233,970 82 64 106 4 3 140, 537 111, 663 213,270 5,661 6,526 131,200 84,133 143,693 5,694 2,822 313,484 235, 671 420, 856 13, 211 11,326 20,200 15, 645 27,235 913 652 20,418 14,882 46, 703 2,658 756 248,842 179, 568 306,733 8,828 9,494 259 477,657 367,542 994, 548 64, 645 85, 417 753,465 29,883 19, 710 9,590 8,417 6,804 3,768 15, 590 9,017 3,243 41, 852 9,089 13,173 6,658 8,148 9,166 3,731 4,885 5,653 11, 603 6,350 1,466 22, 537 8,188 6,582 2,449 46, 510 34, 960 16, 677 18, 251 16,362 17, 690 34, 637 20,310 7,282 94, 551 22, 214 24,310 12, 008 3,325 2,615 1,550 1,500 2,200 1,700 4,175 1,650 700 7,400 1,800 2,500 1,200 3,648 2,006 1,168 1,367 1,428 913 2,421 963 471 6,101 1,506 1,822 414 33, 634 26,307 11, 441 12, 945 10,191 13,368 22,657 16,481 5,487 74, 574 17,450 16,564 8,914 176, 794 99, 742 365, 762 32, 315 24, 228 270,013 68,311 21, 576 36,663 18.127 24,052 18.128 8,948 12,999 50, 654 15, 204 37, 622 15,168 18, 277 17,503 6,550 12,091 149, 068 47, 939 96,080 45, 249 54, 243 47,164 18, 382 32,184 12,125 3,675 7, 625 2,825 3,950 3,200 1,300 2,300 11, 509 1,849 5,684 2,344 2,443 1,926 546 1,097 108,844 38,611 75,065 32,907 42, 779 39,774 14,591 25,857 208,804 173,069 Virginia West Virginia North C arolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee Total Southern States... 125 Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri Total Middle States North D a k o t a South Dakota Nebraska Kansas Montana Wyoming Colorado.. New Mexico Oklahoma. Western 490, 309 37,000 27,398 378,428 4 4 2 10 7,141 3,543 3,399 11,087 9,330 4,139 9,371 2,884 8,339 7,412 5, 596 2,035 5, 653 17, 567 2,067 7,171 3,176 11,170 18,691 12,021 7,098 24,493 37,877 9,226 22,180 9,005 28,159 1,150 875 400 2,150 1,800 800 1,600 650 2,300 574 591 424 1,267 2,374 506 831 300 753 15,403 9,953 5,938 19,662 31,995 7,545 18,310 7,372 23,566 50 59, 233 61,847 168, 750 11,725 7,620 139,744 5,958 8,574 5,585 6,085 14,998 18, 315 1,200 1,600 934 820 10,594 13,875 144 — __. • - „ Total Western States Washington Oregon 178 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 21.—Principal items of assets and liabilities of national banks, classified according to capital stock, Dec. 31, 1932—Continued CAPITAL STOCK OF $200,000 B U T LESS T H A N $500,000—Continued [In thousands of dollars] Num- Loans and Bonds ber of discounts, and securities banks including overdrafts owned Location Total assets Capital Surplus and undivided profits Total deposits COUNTRY BANKS—continued 23 1 1 2 23,183 1,543 1,055 2,738 19,978 2,255 3,122 7,159 Total Pacific States 39 43,051 44,184 114,986 9,450 5,825 88,852 Total country banks 695 1,106,237 855,740 2,433, 217 175,582 172,749 1,864,472 Total United States 765 1,215,347 968,601 2,740,949 194, 407 190,356 2,115,307 California Idaho Nevada Arizona ______ _ _ _ 56,910 6,471 6,020 12,272 5,450 300 200 700 3,205 308 91 467 43,129 5,563 5,440 10,251 C A P I T A L S T O C K O F $500,000 B U T L E S S T H A N $1,000,000 CENTRAL RESERVE CITIES 2 2 1,232 3,219 2,557 2,935 4,877 7,861 1,000 1,250 324 449 3,014 5,720 4 4,451 5,492 12, 738 2,250 773 8,734 Brooklyn and Bronx _ ._ Philadelphia Pittsburgh _ _ Baltimore Washington Charlotte Savannah Fort Worth . Galveston Houston.. San Antonio Nashville ._ _. _ Cincinnati Toledo Peoria St. Paul Cedar Rapids _ _ _ Des Moines Kansas City, Mo. ._ _ St. Joseph St. Louis Lincoln Omaha _ TCaxisas City, "RTans Topeka.. _ ._ _ Denver. Pueblo Oklahoma City Spokane. _ __ Oakland Ogden Salt Lake City 4 3 1 2 3 2 1 1 1 1 2 1 1 1 2 1 1 1 3 1 2 1 1 1 2 2 1 1 1 1 1 3 4,980 15,126 3,470 5,632 10, 804 4,618 2,696 2,786 4,747 3,117 5,724 5,206 3,703 2,692 5,783 6,023 5,854 1,484 8,645 1,355 2,303 4, 737 5,533 4,323 4,000 8,568 3,247 1,305 1,088 1,962 2,775 10,278 8,347 4,663 1,618 4,490 10,531 2,245 367 1,534 1,055 1,631 3,857 1,473 3,960 4,689 8,055 6,631 5,899 2,119 3,956 2,024 5,693 3,721 974 3,504 7,827 11, 887 4,541 4,127 1,350 1,831 2,215 14, 533 16, 376 23,035 6,686 13, 714 32,181 8,766 4,843 7,707 8,615 7,065 15, 716 8,059 9,566 9,739 18, 712 16, 471 18, 217 4,853 18, 494 5,584 9,307 12, 583 7,817 10, 767 19, 973 27, 055 15, 221 10, 239 3,102 4,376 7,122 37,067 2,025 1,500 600 1,350 2,050 1,000 600 750 750 600 1,100 600 500 500 1,260 500 500 500 1,600 500 1,200 850 750 750 1,000 1,050 500 500 500 500 500 1,850 784 3,318 1,114 1,426 2,283 1,304 126 305 341 200 645 182 1,237 752 1,844 564 505 241 1,333 383 284 303 374 265 683 2,213 1,005 100 40 200 101 1,455 12,152 13, 701 3,988 10,005 27, 621 5,478 3,928 6,641 7,439 5,525 12, 849 6,912 6,500 7,916 14, 678 15,183 16,161 3,549 14, 613 4,628 6,821 10, 549 5,837 9,002 17, 619 22, 562 13,109 9,577 2,043 3,158 5,648 31,821 Total other reserve cities. 50 154, 564 141,347 419, 028 28, 735 25,910 337, 213 Total all reserve cities 54 159, 015 146, 839 431, 766 30,985 26, 683 345,947 2 1 9 3 6 8,502 3,314 37, 423 9,385 24,734 3,997 1,669 31,160 7,222 11,831 15, 706 5,553 81, 831 20, 364 46, 434 1,200 600 5,100 1,850 3,450 669 366 5,304 2,151 3,706 12,447 3,514 68,004 14,664 36,820 21 83, 358 55,879 169, 888 12,200 12,196 135, 449 20 12 69, 640 48, 971 52, 623 55, 616 143, 910 126, 351 11,150 6,955 8,272 6,832 111, 999 98,910 New York Chicago Total central reserve cities. OTHER RESERVE CITIES COUNTRY BANKS Maine. ___ _ Vermont Massachusetts Rhode Island Connecticut Total New England States New York New Jersey REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 21.—Principal items of assets and liabilities of national 179 banks, classified according to capital stock, Dec. 31, 1932-—Continued CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000—Continued [In thousands of dollars] Number of banks Location Loans and Bonds discounts, and securities including overdrafts owned Total assets Capital Surplus and un- Total divided deposits profits COUNTRY BANKS—continued Pennsylvania .Maryland Total Eastern States 26 1 117,476 4,513 76,110 997 231,839 6,488 15, 250 500 22,576 345 171, 459 5,245 59 240, 600 185, 346 508, 588 33,855 38, 025 387, 613 Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama ._ Mississippi Louisiana -Texas Arkansas Kentucky.. _ _ _ _ _ _ _ Tennessee Total Southern States 7 4 3 1 1 1 2 1 1 5 2 1 1 19, 606 13, 681 4,909 1,603 3,353 1,775 1,991 3,835 2,040 12, 652 6,626 3,887 3,590 8,733 5,030 1,867 1,207 1,782 2,063 809 2,568 626 6,999 6,108 1,314 1,894 34, 476 22, 893 8,201 4,070 7,224 4,902 3,941 7,225 4,535 26, 277 16,160 5,974 10,108 3,800 2,000 1,500 500 500 800 1,000 500 600 2,900 1,000 500 500 1,466 1,583 340 65 268 202 231 269 341 1,643 1,238 320 282 24,146 16, 257 3,351 2,592 6,176 3,097 2,394 4,638 2,880 19,003 12,914 4,609 8,827 30 79, 548 41,000 155, 986 16,100 8,248 110,884 6 6 7 8 9 2 1 1 22,709 16,164 17, 593 40,178 26, 570 2,960 2,451 2,302 9,430 18,596 16, 554 22,858 17,198 3,620 2,500 2,992 40,405 49. 872 47, 421 80, 745 56, 685 10,130 6,803 7,248 3,000 3,200 3,750 4,700 4,950 1,200 500 600 3,441 2,097 2,135 4, 482 4,584 647 309 219 40 130, 927 93, 748 299, 309 21,900 17,914 1 1,782 3,505 6,314 500 202 5,102 4 7 1 9,134 23, 078 1,585 8,894 16, 373 1,918 22,892 51, 388 5,801 2,100 3, 850 500 1,189 2,520 410 17,834 40,958 4,364 Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri . - _. - - Total Middle Western States Oklahoma _-_ 29,304 41,616 37, 503 63, 514 42, 617 7,432 5 694 6,210 233,890 Washington _ California Arizona _ _ Total Pacific States 12 33, 797 27,185 80,081 6,450 4,119 63,156 Total country banks 163 570, 012 406, 663 1, 220,166 91, 005 80, 704 936,094 Total United States. __ _ 217 729, 027 553, 502 1, 651, 932 121, 990 107, 387 1, 282, 041 C A P I T A L S T O C K O F $1,000,000 B U T LESS T H A N $5,000,000 CENTRAL RESERVE CITIES New YorkChicago Total central reserve cities. 21,043 30,604 35, 309 20,925 75, 265 128, 955 6,429 9,500 3,189 2,984 60,458 114,187 51,647 56,234 204,220 15,929 6,173 174,645 62, 766 3,883 146, 252 13,343 14,011 44,990 20,122 7,303 14, 251 22, 341 23,320 26,821 3, 351 50,869 49,076 2,311 85,298 12, 767 65,082 47, 587 14,101 3,617 34, 440 10,584 14,272 12,148 4,099 171,204 9,204 318, 864 35,112 101,038 126, 393 58,841 15, 686 67,084 51, 887 50,939 54,864 10,026 143,132 7,500 2,450 18,126 2,000 4,000 8,050 4,000 1,000 6,000 2,800 4,000 3,600 1,000 8,500 13, 602 1,266 30, 772 4,178 6,292 6,065 2,583 622 2,286 2,725 2,000 3,171 120 145, 635 4,916 249, 860 26,283 85,884 104, 635 49, 702 13, 634 54,937 42, 075 39,967 45,988 7,890 120, 024 OTHER RESERVE CITIES Boston Brooklyn and Bronx Philadelphia Pittsburgh Baltimore Washington EichmondAtlanta Jacksonville New Orleans Dallas Fort Worth Galveston Houston 180 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 21.—Principal items of assets and liabilities of national banks, classified according to capital stock, Dec. 81, 1982—Continued CAPITAL STOCK OF $1,000,000 BUT LESS THAN $5,000,000—Continued [In thousands of dollars] Number of banks Location Loans and Bonds discounts, and secuincluding rities overdrafts owned Total assets Capital Surplus and undivided profits Total deposits OTHER RESERVE CITIES—COntd. San Antonio Waco Louisville _. Memphis Nashville Cincinnati Cleveland Columbus Indianapolis Peoria Grand Rapids Milwaukee Minneapolis Des Moines Kansas City, Mo St. Louis Omaha Wichita Denver....Oklahoma City Tulsa Seattle. __ Spokane. Portland-. Los Angeles Oakland San Francisco _ Total other reserve cities.. Total all reserve cities 3,200 1,000 2,000 4,500 3,000 1,000 2,000 7,200 6,850 2,000 1,000 2,200 1,000 2,000 6,000 2,500 3,600 2,000 4,000 1,200 5,500 5,000 1,500 6,500 5,000 1,200 1,000 81 16,191 9,488 22, 274 34,061 15,487 4,656 921, 380 36,052 8,894 19,917 12, 240 44,536 4,674 18,646 19,979 5,731 62,205 51,808 6,622 3,344 864,170 36,054 11,338 71,644 56,215 52, 239 12,599 35,061 96,112 95,547 21, 885 18,000 19,921 13,350 28,642 124, 211 27,069 70,808 34,446 108,067 14,405 67,004 50,636 19, 230 116,332 99, 760 28, 234 10,370 2, 553,453 156,976 2,025 28,388 238 9,100 3,607 63,298 5,147 43,217 3,170 37,188 986 9,437 1,305 28,849 5,723 78,193 5,809 77,007 2,054 15,758 15,355 339 14, 213 1,002 11,465 252 24, 391 1,115 110, 561 4,706 23,357 1,042 62,391 2,220 30, 226 1,681 96,150 4,690 12, 236 301 57, 892 1,362 40, 777 2,357 13,041 418 98,523 3,964 83, 264 5,509 23,763 1,988 7,018 169 144, 557 2,106,488 90 973,027 920,404 2, 757,673 172,905 150, 730 2, 281,133 10,512 4,356 24,378 21, 775 32,297 6,282 12, 605 41,180 35,345 8,653 9,811 6,604 5,855 10, 704 34,313 9,537 23,402 5,802 27, 390 6,106 11,147 3,720 30,998 14,918 9,334 3,364 15,528 29,907 22,865 8,171 2,832 8,377 4,145 COUNTRY BANKS -Massachusetts Rhode Island... Connecticut Total New States England New York New Jersey.,Pennsylvania Total Eastern States Virginia West Virginia.. South Carolina. Florida Alabama. Louisiana Texas Kentucky Tennessee Total Southern States Ohio Indiana Illinois Michigan... Wisconsin.. Minnesota. Total Middle Western States 37, 778 5,581 66,196 40, 308 7,676 32, 743 99, 544 15, 806 137, 784 1,500 10,010 6,980 2,554 11,386 77,244 9,896 110,144 12 109, 555 80, 727 253,134 18, 399 20,920 197,284 24 70, 623 98, 550 45,300 214,473 86, 567 71, 777 34,115 192,459 196,488 227, 274 96, 357 520,119 10,438 13,550 8,000 31,988 13,393 13,494 12, 449 39,336 159,584 184,849 67,175 411,608 24 16, 699 8,665 9,719 20,179 22, 366 6,588 9,055 42,602 175,336 21, 514 7,067 7,508 25, 396 13,602 8,204 4,730 1,810 15,188 105,019 83,649 32, 223 23,061 45,940 45,984 39,491 16,328 12,949 73,421 373,046 8,500 3,063 1,500 3,950 3,000 3,200 2,000 1,000 6,500 32, 713 4,664 2,131 625 1,860 3,647 662 309 900 3,293 18,091 61,308 24,365 16,814 37,725 35, 623 30,021 10,867 9,662 44,436 270,821 28,604 18,881 2,731 14,826 13, 611 14,035 14,419 10, 650 4,937 9,658 5,067 13,673 57, 348 39,000 9,320 33,333 25, 702 40,191 4,250 3,000 1,040 2,550 2,000 4,000 2,986 1,850 168 2,957 1,533 2,173 45,208 27,880 7,813 23,197 20,788 31,734 92,688 58,404 204,894 16,840 11, 667 156,620 Washington. California 5,684 19,096 4,752 15, 725 13,471 45,402 1,000 3,000 770 10,783 37,652 Total Pacific States.. The Territory of Hawaii (nonmember bank) _ 24,780 20,477 58,873 4,000 18,251 10,844 3,150 467,930 107,090 13 Total country banks 77 Total United States 167 635,083 1, 608,110 1,388,334 4, 205,096 279,995 48,435 2,409 28,178 94, 231 1,112,946 244,961 3,394,079 BEPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 21.—Principal items of assets and liabilities of national 181 banks, classified according to capital stock, Dec. 81, 1932—Continued CAPITAL STOCK OF $5,000,000 BUT LESS THAN $25,000,000 [In thousands of dollars] Number of banks Location Loans and Bonds discounts, and secuincluding rities overdrafts owned Total Capital Surplus and undivided profits Total deposits CENTRAL RESERVE CITY 158,853 365,901 744,687 25,250 94,543 563,659 65, 703 109, 033 94,836 28,421 27,153 29,173 46,818 27,427 47,431 80,271 88,456 86, 582 43,580 69, 278 20,020 24, 226 60, 095 188,956 73,151 117, 510 250,468 27,815 13,734 12,950 14,365 15,925 17,175 29,584 23,941 43,369 22,556 58,972 18,865 38,335 20,821 114,950 201,127 336,937 423, 592 91,400 63, 653 53,931 85, 659 57,677 83, 300 161,803 169, 058 188,084 103,153 189, 790 50, 627 80, 620 109,120 390, 357 20,000 14,000 19,500 5,400 5,000 5,000 8,000 6,000 5,000 10,000 10,000 11,000 6,000 12,000 5,000 8,000 5,000 24,900 11,910 17,931 32,483 6,583 3,562 5,057 6,000 4,908 3,004 5,173 6,162 7,704 4,325 7,127 1,670 2,045 7,233 17,323 158,083 287,305 350,307 76, fr5 52.461 38, 212 66,698 45, 597 67,142 138,386 138,832 162, 794 90, 439 168,390 40,677 62,816 91,249 317,875 23 1,137, 459 914, 486 26 1, 296,312 1,280,387 40,433 80,903 5,000 27 1,325, 685 1,320,820 3, 665, 478 210, 050 New York OTHER RESERVE CITIES Boston Philadelphia Pittsburgh Atlanta Savannah Birmingham Dallas Cincinnati Cleveland Detroit Milwaukee Minneapolis St. Paul St. Louis Oklahoma City Seattle Los Angeles San Francisco 2,839, g 179,800 150, 200 2, 354, 038 3,584, 575 205,050 244, 743 2,917, 697 Total other reserve cities.. Total all reserve cities COUNTRY BANK 29,373 Pennsylvania Total United States 4,502 61,021 249, 245 2, 978, 718 C A P I T A L S T O C K O F $25,000,000 B U T L E S S T H A N $50,000,000 CENTRAL RESERVE CITY Chicago 1 178,073 80, 899 519, 518 25,000 20, 022 460, 375 1 1 1 265, 740 313, 374 266,101 144,665 68, 274 145, 562 580, 938 485, 847 519,070 44,500 25,000 30,000 30,861 26, 759 15,000 488,836 423, 358 452, 778 OTHER RESERVE CITIES Boston. Detroit Los Angeles . . . Total other reserve cities.. 3 845, 215 358, 501 1, 585, 855 99,500 72, 620 1,364,972 Total United States 4 1,023, 288 439, 400 2,105, 373 124, 500 92, 642 1,825, 347 C A P I T A L S T O C K O F $50,000,000 O R M O R E CENTRAL RESERVE CITIES .. 2 1 1, 339,852 344,970 954,820 170, 890 3, 215, 088 796, 219 272, 000 75,000 192, 587 28,742 2, 483, 558 672, 064 Total central reserve cities. 3 1,684,822 1,125, 710 4,011,307 347,000 221,329 3,155,622 New York Chicago OTHER RESERVE CITY San Francisco.-. Total United States 1 481,284 261,084 865, 511 50,000 49,891 698,763 4 2,166,106 1,386, 794 4,876,818 397,000 271, 220 3,854, 385 TABLE N O . 22.—United States bonds on deposit to secure circulating notes of national banks on Oct. 31, 1910 to 1933 OO [For yearly figures 1865-1909, see reports for 1900, p . 305, and 1931, p . 213] to United States bonds held as security for circulation Year Number of banks 2-percent Panama Canal 2-percent consols of 1930 loans of 1936 and 1938 1910 7,218 $580,145,400 1911_. 1912 1913 _ 1914_ _ 1915 1916 1917_ _ 1918 1919 1920.. 1921._ 1922 1923 1924 , 1925., 1926 1927 1928 1929._ 1930 1931 7,331 7,428 7,514 7,578 7,632 7,608 7,671 7,765 7,900 8,157 8,179 8,262 8,264 8,098 8,118 8,008 7,832 7,707 7,506 7,218 6,619 593,006,600 601,762,600 604, 264,950 606,622,300 600, 678,600 567,690,250 555, 514,950 561,848,600 565,094,950 570,372, 500 576, 522,950 581,493,950 586,801,800 589,086,200 591,792,150 591,139,900 592,582,450 592,696,700 592,721,100 594,757, 350 591,180,800 1932 6,104 591,369,700 3-percent bonds 3^-percent bonds [3 percent $78,420,480 { 1908-18, I $15,337,540 18,199,380 80,110,040 20,419,220 81,258,460 22,245,100 81, 701,240 21,447,180 81,971,820 20,377,720 81,614,420 15,984, 680 78,068,660 17, 715, 220 71,466,140 32,240 72,324,800 72,672,060 73,116,000 73,732,140 73,656,840 73,937,380 74,069, 640 74,392,980 74,352,980 74,290,840 74,471,740 74,015,000 74,371,100 74,074,540 Panama Canal loans of 1961, 1,000 Treasury Conversion bonds of bonds of 73,496,940 1946-49, 1946-47, $28,345,200 1,000,000 Treasury bonds of 1951-55, 33,579,450 3|&-percent bonds 3J4-percent bonds 4-percent bonds [4-percent loan \ of 1925, I I $21,022,650 22,854,300 26,817,000 35,302,700 34,699,300 32,304,800 26,214,400 34, 743,900 50,240,800 58,055, 050 68, 578,000 77,257,400 82,509,900 85,823,150 76, 687,050 Treasury bonds of 1941-43, $28,719,400 Treasury bonds of 1940-43, 17,640,950 Treasury bonds of 1943-47, 25,519,950 Total s $694,926,070 714,170,320 730,257,280 743, 513,990 744, 740,600 734,975,540 687,957,990 679,440,210 684,446,440 695,822,060 712,066,500 727,512,490 737, 660,690 746,562,330 739,842,890 666,185,130 66.5,492,880 666,873,290 667,168,440 666,736,100 669,128,450 665,255,340 i w o 3 799,672,590 >1933- 5,799 565, 587, 750 67,017,780 Panama Canal loans of 1961, 1,000 TreasuryConversion bonds of bonds of 1946-49, 1946-47, 45,333,150 1,020,000 Treasury bonds of 1951-55, 49, 414, 500 Treasury bonds of 1940-43, 18,113,150 Treasury Treasury bonds of bonds of 1941-43, 1933-41, 38, 440,400 $40, 664,200 Treasury bonds of 1943-47, 27, 039, 500 852, 631,430 d O S 1 o CO TABLE NO. 23.—Profit on national-bank-note circulation, based upon a deposit of $100,000 United States consols of 1930, and Panama Canal loan, at the average net price, monthly, during the year ended Oct. 31, 1933 CONSOLS OF L930 Receipts Cost of bonds Date Circulation obtainable Interest on circulation Interest less 5 on bonds percent redemption fund Profit on circulation in excess of 6 percent on the investment Deductions Gross receipts Tax Expenses Sinking fund Interest on cost of Net receipts bonds at 6 percent Total Amount Percent 1932 November.. December ._ 1933 January __ February.._ _ March. April May June... July... _... . . August September October. $99,912 99,779 $100,000 100,000 $2,000 2,000 $5, 700 5,700 $7,700 7,700 $500 500 $118. 23 118. 23 $5,994.72 5,986.74 100,133 100,046 99, 500 99, 594 99, 639 100,000 100,000 99,906 99,875 99,875 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 5,700 5,700 5,700 5,700 5,700 5,700 5,700 5,700 5,700 5,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700 500 500 500 500 500 500 500 500 500 500 118. 23 118. 23 118. 23 118. 23 118.23 118. 23 118.23 118. 23 118. 23 118. 23 6,007.98 6,002. 76 5,970. 00 5,975. 64 5,978. 34 6,000.00 6,000.00 5,994.36 5,992. 50 5,992. 50 Indetermin ate P A N A M A CANAL L O A N (2's of 1916-36) 1932 $100,250 100,250 November December $100,000 100,000 $2,000 2,000 $5, 700 5,700 $7, 700 7,700 $500 500 $118. 23 118.23 $65. 65 67.67 $683.88 685.90 $7,016.12 7,014.10 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 5,700 5,700 5,700 5,700 5,700 5,700 5,700 5,700 5,700 5,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700 7,700 500 500 500 500 500 500 500 500 500 500 118. 23 118. 23 118. 23 118. 23 118.23 118.23 118. 23 118. 23 118. 23 118. 23 155.95 113. 21 74.60 111. 73 114.76 138.81 181.04 187.11 192.17 198. 24 774.18 731.44 6,925.82 6,968. 56 7,007.17 6,970.04 6,967.01 6,942.96 6,900. 73 6,894. 66 6,889.60 6,883. 53 $6,015.00 6,015.00 $1,001.12 999.10 0.999 .997 892.04 944.38 991.75 947.54 944.51 916.56 866.95 860.88 855.82 849. 75 .887 .941 .989 .944 .941 .913 .862 .856 .851 .845 1933 January February March April May June July August September October 100, 563 100,403 100, 257 100,375 100,375 100,440 100,563 100, 563 100, 563 100, 563 729.96 732.99 757.04 799. 27 805. 34 810.40 816.47 6,033.78 6,024.18 6,015.42 6,022.50 6,022.50 6,026.40 6,033. 78 6,033. 78 6,033.78 6,033. 78 185 EEPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 24.—Investment value of United States bonds—Panama Canal loanst and 2's of 1930 Panama Canal loan, 2's of 1916-36 Date January April July October Average price, net 1933 $100. 5625 100.3750 101. 0000 100. 5625 2 percent bonds of 1930 Rate of interest realized by investors Average price, net Percent 1.835 1.882 1.810 1.793 Rate of interest realized by investors $100.1328 Indeterminate 99. 5938 Do. 99. 5000 Do. 99. 8750 Do. TABLE N O . 25.— United States bonds (circulation)—Monthly range of prices in New York, November 1982 to October 1933, inclusive Date November: Opening. HighestLowest.. Closing... December: OpeningHighestLowest... Closing-.. 1932 January: Opening.. Highest.. Lowest... Closing.-. February: Opening.. HighestLowest... Closing... March: Opening.. HighestLowest... Closing... April: Opening.. Highest... Lowest... Closing... May: Opening.. HighestLowest. .. Closing-.. June: Opening.. Highest... Lowest... Closing... July: OpeningHighest.. Lowest. -. Closing... August: OpeningHighest. _ Lowest... Closing... September: Opening— Highest. _ Lowest Closing... October: Opening— Highest. _ Lowest... Closing— 1933 Registered bonds Coupon bonds— 2's of 1930 2's of 1930 99%@100M Not quoted . .do.. 99M@100K ....do do do ..do _. do do ..do.. -do.. -do.. ..do.. 100 99M 100 100 100 99 1100 99 ^100 99 @100 99 100 100 ..do.. .do.do-do.. _do_do,-do- 99 @100 _do.. _do- \ 99% l 9dy8@ioo A 99 © 99M 997/s@100^ .do.. ..do.. ..do.do-do_. Panama 2's of 1916-36 100 100 100 ioo 100 100 100 100 100^ 100H ioo IOOK ioo 99 @100 99%@0 100 @ 10 99H@10 ioo @IO ioo @IO 100 @10 ioo @IO ioo @ io 100 100 100 100 100 ioo^ oi 100 AM% 101 _do. .do. -do. .do. -do. ..do. .-do. .do. _do. -do. ..do. -do. TABLE NO. 26,—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on Oct. SI, each year 1931 to 1933 [For prior years gee annual reports for 1920, p. 42, and 1931, p. 220] Ones Twos Fives 23,169, 877 22, 828, 895 340, 782 15, 495, 038 15, 332, 568 162, 470 3, 671,919, 360 3, 656, 801,150 15,118, 210 Year Tens Twenties Fifties One hundreds Five hundreds One thousands Total 410, 619, 750 404, 602, 900 6, 016, 850 502, 217, 900 494, 799, 000 7, 418, 900 12, 289, 500 12, 202,000 87, 500 7, 454,000 7,433,000 21, 000 14, 081,189, 225 13,988,613, 438 92, 575, 787 Issued during current year OJ.D SERIES 1931. Issued Redeemed _. Outstanding. _ _ 5,973, 628, 480 3, 464, 395, 520 5, 942, 854, 205 3, 431, 759, 720 30, 774, 275 32, 635, 800 NEW SERIES Issued Redeemed-_. Outstanding. 1932. Issued _ Redeemed- „_ Outstanding.. 1932.- Issued. Redeemed... Outstanding. 23,169, 677 22, 828, 928 340,749 15, 495, 038 15, 332, 618 162, 420 370, 660,020 237, 344, 670 133, 315, 350 539, 871, 600 290, 390, 040 249,481, 560 289, 973,160 97, 065, 740 192,907, 420 28, 612, 600 6, 868, 050 21, 744, 550 17, 367, 400 2, 018, 900 15, 348, 500 3, 671, 919, 360 3, 658, 731, 190 13,188,170 5,973, 628, 480 5,948, 554,990 25,073,490 3, 464, 395, 520 3, 439,078, 200 25, 317, 320 410, 619, 750 405,965, 700 4, 654,050 502, 217, 900 496, 355, 700 5,862, 200 524, 707, 860 371,118, 920 153, 588, 940 777,170,880 446, 764, 780 330, 406,100 415,146,840 165, 977, 200 249,169, 640 44, 723,800 10, 587, 750 34,136, 050 30, 203, 200 3, 428, 000 26, 775, 200 3, 671,919, 360 3,660,392, 200 11, 527,160 5, 973, 628, 480 5,953,627,055 20,001,425 3, 464, 395, 520 410, 619, 750 3, 445,941, 600 407, 217, 300 3,402, 450 18, 453, 920 502, 217,900 497,890,800 4, 327,100 673,899, 645 505, 699, 255 168, 200, 390 1,002,947,180 623,622,510 379, 324, 670 51, 313, 350 15, 018, 750 36, 294, 600 38,137,900 5, 573, 000 32, 564, 900 1, 246, 484, 780 633, 687. 400 612, 797, 380 12,289,500 12, 202,000 87, 500 7, 454, 000 7, 433, 000 21, 000 457,163, 430 14,081,189,225 14,006, 482, 326 74, 706, 899 NEW SERIES 1, 791,952, 580 997, 876, 650 794, 075, 930 545,467, 800 OLD SERIES . 1933—, Issued Redeemed - , - - Outstanding.,. 23,169, 677 22,828,928 340, 749 15, 495, 038 15,332,618 162,420 12, 289, 500 12,202,000 87,500 7, 454,000 7, 433, 000 21,000 14, 081,189, 225 14, 022,865, 501 58,323, 724 NEW SERIES 1933—Redeemed— Outstanding- NOTE 1.—First issue Dec. 21,1863; first redemption Apr, 5,1865, NOTE 2.—Gold notes included since 1915. NOTE 3.—Fractions and nonassorted notes not included. 529, 262,900 236, 362, 360 292, 900, 540 2, 295, 560, 975 1, 386, 275,875 909, 285,100 503, 608, 395 00 187 EEPOET OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 27.—National-bank currency issued to banks monthly from Nov. 1, 1932, to Oct. 31, 1933, and since 1863 Issued on account of redemptions November December 1932 1933 January February March AprilMay June... July August.. September October Total Issued on bonds Total issued $29, 525, 030 27,432, 730 $16,155, 520 8,616, 380 35, 802,870 25, 666, 670 17, 274, 650 23, 236, 730 34, 549, 600 32, 070, 330 35, 846,330 36,150,185 34, 235, 450 31,991,180 3,378, 060 16,702, 660 75, 508, 060 23,185, 540 2,491, 430 3, 743, 750 2,123, 840 6,185,180 5, 043,950 5, 259, 030 363, 781, 755 168, 393, 400 Grand total issued since $45,680,550 $15,938,139,155 36, 049,110 15,974,188, 265 39,180,930 42, 369,330 92, 782, 710 46,422, 270 37, 041, 030 35, 814, 080 37,970,170 42, 335, 365 39, 279, 400 37, 250, 210 16, 013, 369,195 16, 055, 738, 525 16,148, 521, 235 16,194,943, 505 16, 231,984, 535 16, 267, 798, 615 16, 305, 768, 785 16, 348,104,150 16, 387, 383, 550 16, 424, 633, 760 532,175,155 TABLE NO. 28.—National-bank notes received monthly for redemption during year ended Oct. 31, 1933 1 Received by the Comptroller of the Currency Month November _ December.. January February... March April May June July-. August September. October 1932 1933 TotalReceived from June 20, 1874, to Oct. 31, 1932 Grand total. From the redemption agency From national banks in connection with reduction of circulation replacement Retirement and replace- For with new notes account ment with new notes $1, 530. 00 360. 00 $27,011,482.50 27, 476, 820. 00 $3, 446, 120 3, 121, 990 567. 50 13, 965. 00 2,130. 00 7, 587. 50 32, 232, 560. 00 25, 679, 360. 00 16, 793, 360. 00 26, 496, 880. 00 29,101, 560. 00 30, 014, 810. 00 30, 661, 555. 00 36, 087, 967. 50 33, 457, 530. 00 31, 519, 020. 00 36, 955, 540 3, 500, 960 2, 408, 375 4, 546, 950 5, 473, 430 4, 550, 555 6, 328,170 6, 969, 475 7, 355,110 7,181, 600 346, 512, 905. 00 58, 578, 275 18, 840. 00 44, 980. 00 $30, 459,132. 50 30, 599,170. 00 35, 928, 667. 50 29,194, 285. 00 19, 203, 8G5. 00 31, 051, 417. 50 34, 574, 990. 00 34, 565, 365. 00 37, 008, 565. 00 43, 037, 442. 50 40, 812, 640. 00 38, 700, 620. 00 405,136,160. 00 59, 326, 245. 00 12,917, 044, 275. 00 1,870,485, 387 14, 846, 855, 907. 00 59, 371, 225. 00 13, 263, 557,180.00 1,929,063, 662 15, 251,992,067.00 i Notes of gold banks not included in this table. Total 188 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 29.—National-bank notes received at Currency Bureau and destroyed since establishment of the system [For yearly figures 1866-99 see report for 1931, p . 223] Amount Date Prior to Nov. 1, 1865 During the year ended Oct. 31— 1866-99 1900 1901 1902 1903 1904 1905 1906 1907 1908 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 $175,490.00 1, 789,185,225.00 71,065,968. 00 90,848,100. 00 107,222, 495.00 140,306,990.00 167,118,135.00 195,194, 785.00 191,102, 985. 00 197, 932,847. 00 231,128,140.00 326, 622, 845. 00 359,496,000. 00 409,835, 965. 00 428, 399, 608.00 426, 282, 840. 00 435, 904, 280. 00 362, 551,125. 00 351,374, 597. 00 298,468,107.00 236, 296, 660. 00 330,106, 555.00 Bate Amount During the year ended Oct. 31— Continued. 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 $424, 542,837. 00 570,887,902.00 537,153, 570. 00 542,194, 707.00 522,241,817.00 4^0, 950,865.00 487,254,340.00 475,920,522.00 517,236,465.00 492,160,200.00 645, 640, 640.00 433,315,240.00 341, 314,325.00 346, 712, 255. 00 Total 13,954,145, 427. 00 Additional amount of insolvent and liquidating n a t i o n a l 1, 451, 495,981. 50 bank notes destroyed 3,390, 560.00 Gold notes _. Grand total . . - i 15, 409, 031, 968. 50 i In addition, $46,115 destroyed in transit. TABLE NO. 30.—National-bank notes issued during each year 1914-33, nationalbank notes of active, insolvent, and liquidated banks destroyed, total destructions for each year, and percentage of destructions to issues [For prior years, see report for 1920, vol. 2, p. 51] Destroyed Year ended Oct. 31— 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924__. 1925 1926 1927 1928 19291 19301 1931 1932 1933 Issued $818, 227, 830 364, 049, 710 356, 300, 750 325,570,430 260,155,140 356, 738,100 456,046, 770 603, 301, 700 569, 444,140 569, 856, 070 550,498,910 492,110,950 509,464, 360 506,131, 540 542, 913,470 517,573, 245 683, 508, 845 457,163,430 545,467,800 -- 503, 608, 395 i New series included. Insolvent and liquiActive banks dated b a n k s $435,904,280 362, 551,125 351, 374, 597 298,468,107 236, 296, 660 330,106, 555 424, 542,837 570, 887,902 537,153, 570 542,194, 707 522, 241,817 470, 950, 865 487, 254,340 475, 920, 523 517, 236,465 492,160,200 645,641,640 433,315,340 341, 314, 705 346, 712, 265 $20, 246,418 342,807,352 59,026,804 38,901,595 20, 238, 717 24,864, 635 19, 794, 540 20,417,025 13, 688, 630 17, 586, 750 26,654, 568 82,442, 855 35, 085, 342 26, 925, 355 27,663, 505 26,022,684 32,927,840 27,772,332 40, 743, 433 58,070,135 Total $456,150, 698 705, 358, 657 410,401,401 337,369,702 256, 535, 377 354, 971,190 444, 337, 377 591, 304, 927 550, 842, 200 559, 781, 457 548, 896,385 553, 393, 720 522,339,682 502, 845, 878 544,899,970 518,182,884 678,569,480 461,087,672 382, 058,138 404, 782,400 Total outstanding $1,121,468,911 781, 268, 793 726,069, 290 716,276,375 721,471,137 722,394, 325 732, 549, 629 743, 288, 847 760,679,187 772,606, 269 774, 281, 624 713, 802, 744 700, 714,532 702, 992,694 700,152, 454 700, 328, 815 700,155, 900 669,969,441 863,075,900 961, 548,135 Percent destructions, active banks to issues Percent destructions to issues 53.27 99.59 98.62 91.68 90.83 92.53 93.09 94.62 94.33 95.14 94.86 95.70 95.64 94.03 95.27 95.08 94.45 94.78 62.57 68.84 55.75 193. 75 115.18 103.62 98.61 99.50 97.43 98.01 96.73 98.23 99.73 112. 45 102. 52 99.35 100.36 100.11 99.27 100.85 69.91 80.37 189 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 31.—Amount, denomination, and cost of national bank currency received from Bureau of Engraving and Printing, year ended, Oct. 31, 1933 6-SUBJECT SHEET, SERIES OF 1929 5 10 20 50 100 . . -.- .-- . ing, etc. Total cost 310 280 720 800 200 $30,6 7 9.98 20, 742. 08 4, 664. 90 75.27 31.47 $237, 516.63 160, 579.93 36,114. 49 582. 74 243. 68 $268,196. 61 181,322. 01 40, 779. 39 658. 01 275.15 537,122, 310 56,193. 70 435, 037. 47 491, 231.17 $178, 718, 241, 655, 108, 696, 4, 384, 3, 667, . - Total Cost of p a p e r Cost of print- Amount Denominations TABLE N O . 32.—Vault account of currency received and issued by Currency Bureau during the year, and the amount on hand Oct. 31, 1933 OLD SERIES National bank currency in vaults at the close of business Oct. 31, 1932 National bank currency received from Bureau of Engraving and Printing, during the year ended Oct. 31, 1933 Amount issued to banks during the year Amount in vaults at close of business, Oct. 31, 1933 $19,930 0 0 19,930 NEW SERIES National bank currency in vaults at the close of business Oct. 31, 1932 242,645,760 National currency received from Bureau of Engraving and Printing during the year ended Oct. 31, 1933 547,122,310 Total to be accounted for Amount issued to banks during the year Amount withdrawn from vaults and canceled _ $513,608,395 18,566,760 Total withdrawn 789,768,070 532,175,155 Amount in vaults at close of business Oct. 31, 1933 Add "Old series" Total amount in vaults 257,592,915 19,930 257,612,845 TABLE N O . 33.—Vault account of currency received and destroyed during year ended Oct. 31, 1933 Amount in vault of Redemption Division of Currency Bureau awaiting destruction at close of Business Oct. 31, 1932 $5, 769, 210 Amount received during year ended Oct. 31, 1933 _ 405,136,160 Total Withdrawn and destroyed during year Balance on hand in vault Oct. 31, 1933 NOTE.—Notes of gold banks not included in this table. - - 410,905,370 404,782,390 6,122,980 TABLE NO. 34.—Amount of currency received for redemption, by months, from July 1, 1932, to June 30, 1933, and counted into the cash of the National Bank Redemption Agency National-bank notes Federal Reserve bank notes $28, 344, 966. 00 31, 557,157. 00 31, 715, 318. 00 35,1*6, 069. 00 29, 947,810. 50 29, 703,337.00 $18,927 25,896 10,362 12,399 9,890 $5, 268,850 5, 353,480 4, 603, 985 4, 639, 725 4, 317, 830 4,046, 210 $7, 224. 80 $33, 639,967. 80 10, 373. 94 36,946, 906. 94 17, 757.83 36, 347,422. 83 8,013. 50 39,806,206.50 9, 219. 75 34, 284,750. 25 9, 264. 57 33, 768,719. 57 14,181 8,846 11,325 40, 963 139,180 374,933 676,810 4,183, 035 3, 515, 230 6,825, 485 11, 785, 500 18, 724, 010 4,096,175 77, 359, 515 19,107. 25 42,806. 340. 25 4,034. 95 30,063, 239.95 9,861. 38 24,122, 419. 38 33, 669. 50 45,431, 648. 50 8,009. 50 54, 931, 678. 50 3, 257. 75 39, 019, 564. 75 139, 794. 72 451,168,865. 22 Federal Reserve notes United States currency Total 1932 July-.-August September.. October November.. December.. 1933 January _ 38, 590, 017.00 February 26, 535,129. 00 March 17, 275, 748. 00 33, 571, 516. 00 April.. 36, 060, 479. 00 May 34, 545.199. 00 June Total.. 372,992, 745. 50 190 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 35.—Amount of currency received by National Bank Redemption Agency for redemption in year ended June 30, 1933, from principal cities $10,180,495.00 Boston $26, 539, 523. 00 Kansas City New York 87,705,900.00 Dallas 8,867,600.00 Philadelphia 40,187,270.50 San Francisco 17,771,800.00 Cleveland 17, 238, 000. 00 Cincinnati 8,079,200.00 Richmond 14, 789, 900. 00 Baltimore 6,763,801.00 Atlanta 15,679,950.00 New Orleans 5,093,150.00 Chicago 41, 201,198. 00 Other sources 124,650,093.22 St. Louis 17,126, 544. 50 Minneapolis 9,334,400.00 Total 451,208,825.22 NOTE.—The difference of $39,960 between the totals shown by this table and Table No. 34 represents the net adjustments for overs, shorts, and spurious issues found in remittances received. The total amount of currency of all issues received by the National Bank Redemption Agency and counted into cash from June 30, 1874, to June 30, 1933, exclusive of deductions for shortages and spurious issues, is $20,196,784,276.18. TABLE N O . 36.—Cost of redemption of national-bank notes during the year ended June 30, 1933 Amount of expenses Office Treasurer Office CompUnited States troller of Cur(N.B.R.A.) rency Redeemed out of 5-percent fund, unfit for use Salaries Printing, binding, and stationery Contingent expenses Insurance Postage Total Redeemed on retirement account: Salaries Printing, binding, and stationery Contingent expenses Insurance Postage Total Aggregate $214, 037. 28 1, 753. 90 1, 257. 28 9, 276.16 7,063. 66 $42, 652. 98 347. 87 131. 86 9, 313. 39 101, 861.12 $256, 690. 26 2,101. 77 1, 389.14 18, 589. 55 108,924. 78 233, 388. 28 154, 307. 22 387, 695. 50 28, 846. 56 236. 38 169. 45 1, 250.18 951.99 5, 748. 49 46.89 17.77 34, 595. 05 283. 27 187. 22 1, 250.18 951. 99 31, 454. 56 5, 813.15 37, 267. 71 264, 842. 84 160,120. 37 424,963. 21 Amount redeemed Redeemed out of 5-percent unfit for use Redeemed on retirement account Total Total Rate per $1,000 Amount of expenses $327, 902. 827. 50 44,192, 620. 00 $1.182^4875 . 84330163 $387,695. 50 37, 2t>7. 71 372,095,447. 50 1.14208414 424,963. 21 TABLE N O . 37.—Classification of Federal Reserve currency redemptions, the amount redeemed, number of notes, cost of redemption per 1,000 notes, and amount assessed upon Federal Reserve banks, year ended June 30, 1933 Amount Federal Reserve notes: Received from various sources, whole notes: Salaries Printing, binding, and stationery Contingent expenses Total Received direct from Federal Reserve banks and branches, canceled and cut: Salaries Printing, binding, and stationery... Contingent expenses $3,492.33 28.62 20.51 3,541.46 40, 761. 59 206.24 255. 40 TotaL.. 4 1 , 223. 23 Aggregate 44, 764. £ REPORT OF THE COMPTROLLER OF THE CURRENCY 191 TA*LE N O . 37.—Classification of Federal Reserve currency redemptions, the amount 'reaeemedy number of notes, cost of redemption per 1,000 notes, and amount assessed upon Federal Reserve banks, year ended June 80, 1933—Continued Amount in dollars Federal Reserve notes: Received from various sources, whole notes.__ Received direct from Federal Reserve banks and branches, canceled and cut Total.. _.- Number of notes Rate per 1,000 notes Assessment $77,187, 665 4, 255, 820 $0. 83214502 $3,541.46 833, 409, 000 88, 296, 366 .46687346 41, 223. 23 910, 596, 665 92, 552,186 .48366971 44, 764. 69 TABLE NO.; 38.—Taxes assessed on national-bank circulation, years ended June 30, 1864-1933; cost of redemption, 1874-1933; and assessments for cost of plates, etc., 1883-1933 [For yearly figures 1883-1911 see report for 1931, p. 227] Year Semiannual duty on circulation Cost of reredemption of notes by the United States Treasurer Assessment for cost of plates, new banks l 1864-1882 $52, 253, 518.24 1874-1882 "$1,971,587.16~ 1883-1911 62, 595, 336. 73 5, 269,078. 81 $821,110 1912 3,690, 313. 53 22, 740 505, 735. 21 3,804, 762. 29 28, 560 1913 __„ 517,842. 93 3,889, 733.17 11, 560 1914 529,013. 36 3 / 3, 901, 541.18 1915 _ „ . \ 2,977,066.73 } 16,660 498, 328. 60 3,744, 967. 77 450,150. 22 10,085 1916. 3, 533,631. 28 420,160. 42 9,200 1917 3, 656,895. 34 16, 770 1918... 412, 785. 92 3, 627,060.80 15, 600 1919. 528, 424. 24 3,706,901.15 31,850 1920___ 974,058.11 3,806, 590. 02 31,070 1921. 1,115,146.00 3,941,461.17 18,244 1922 594,168. 70 4, 030, 336. 30 23. 464 1923 534,598.55 4, 063, 708. 32 18, 756 1924 527, 979. 90 3,661,819.45 12, 682 1925 459, 790. 43 3, 277, 512.90 22, 948 1926 494, 470. 91 3, 253, 461. 97 22. 618 1927 467, 411. 42 3, 234, 240. 29 20,890 1928.. 465,080.16 / 15,792 1929 3,441,152. 95 461, 375. 92 \ 3,930 193O._ 642,676. 54 2,286 3,248, 327.85 1931 _ 445, 683.09 3,174 3, 242,977. 92 1932 424,431. 75 6,762 3,175,189.24 1933.. 424,963. 21 11, 270 3, 415,840. 63 Total... 197,174,347. 22 19,114,941.50 1,198,021 AssessAssess- ment for Assessment for cost of ment for cost of plates, adding plates, addisignatures extended tional to plates, banks or duplietc.i cate $473, 295 28,190 19,805 8,500 13,855 9,700 6,000 11,120 15,340 28, 990 82,160 52, 780 5,850 3,556 4,456 I - $4,130 6,975 6,300 11,175 3,420 6,460 9,100 7,590 20, 770 12, 670 17, 226 25, 262 31, 388 4,404 30, 564 37,924 21, 728 / 17, 914 \ 12 96 763,597 275,108 Total $52, 253, 518. 24 1,971,587.10 69,158,820. 54 4, 251,108. 74 4,377, 945. 22 4,445,106. 53 7,418,626.51 4,218,322.99 3,975.451. 70 4,106, 671. 26 4,194,015.04 4,762, 569. 26 5, 047,636. 02 4, 624, 372.87 $493. 00 841. 00 4,600,351.85 773. 00 4, 646,161. 22 591.00 4,143,742.88 1, 610. 00 3,827,105.81 1,110.00 3, 782, 525. 39 1, 229. 89 3, 743,168. 34 1,322.30 54.00 } 3,941,541.17 8, 280. 00 3,901,570. 39 11,079.00 3,702,914. 01 11,028.00 3,617, 422. 99 11,181.00 3,863,350. 84 49, 592.19 218,575,606.91 1 Beginning in the latter part of 1929 amounts in this column concern logotypes incident to reduced size notes, Series of 1929. 2 Tax collected on additional circulation under act May 30,1908. NOTE.—Average cost per $1,000 for national-bank notes redeemed in 1925, $0.83; in 1926, $0.94: in 1927, $0.93; in 1928, $0.86; in 1929, $0.95; in 1930, $0.88; in 1931, $0.91; in 1932, $1.08; and in 1933, $1.14. 192 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 39.—Federal Reserve notes outstanding according to weekly statements (amount issued by Federal Reserve agents to Federal Reserve banks less notes redeemed), and collateral security therefor, from Nov. 2, 1982, to Oct. 25, 1933 [In thousands of dollars] Collateral security Date Federal Reserve notes outstanding 1932 Nov. 2... Nov.9— Nov. 16Nov. 23.. Nov. 30Dec.7._Dec. 14.. Dec. 21.. Dec. 28.. Gold Eligible paper United Excess States collateral Government securities 2.918, 711 2,932,116 2,925, 250 2.919, 768 2, 913, 683 2. 946, 756 2,960, 303 3,005, 204 2, 999, 717 2, 207,934 2,228,469 2, 241,169 2,230,351 2, 242, 398 2, 281,059 2, 288,899 2, 297, 515 2, 335, 345 309, 485 294,388 290, 799 291, 742 293, 944 282, 876 268, 735 254, 606 252, 304 439,100 424,900 423,300 429,900 414, 400 408,600 426,300 471, 600 428,500 37, 808 15, 641 30,018 32, 225 37,059 25, 779 23,631 18, 517 16, 432 2,980,366 2, 929, 953 2,932, 263 2, 933, 505 2,942, 459 2,992,411 3,133, 628 3, 249, 887 3, 865,116 4, 550, 680 4,728,517 4,314, 448 4, 092, 652 3,965, 202 3,843, 960 3, 760,879 3, 715, 341 3, 671, 321 3,613,316 3, 556, 604 3, 471, 471 3.436,872 3, 419, 635 3,380.077 3, 362,087 3,327,308 3, 361, 556 3,348, 580 3,312, 994 3, 280, 674 3, 270,681 3, 274, 216 3, 266,879 3, 256, 549 3, 244,977 3,269,611 3, 282, 847 3,279, 097 3, 250,979 3.259,873 3,281,247 3, 262, 380 3,239,636 2,344, 625 235,401 2, 345, 320 232,679 2,377, 803 233,636 2, 390,103 249,096 2, 414,852 250,763 2,469, 982 235,255 2, 447, 357 265, 334 2, 367, 987 435, 547 2,180,967 1,032, 589 1,931,656 1,754,975 2, 215, 268 1, 512,877 2, 458, 432 877,152 2, 530, 940 715, 594 2, 575, 405 568, 406 2, 590, 790 518, 837 2, 627, 454 485,164 2, 671, 746 417, 659 2, 665,104 371, 749 2, 706, 759 292, 811 2,731,939 249,447 2,832, 714 217, 760 2,813,639 190,397 2, 787, 074 162, 422 2,816,469 150,570 2, 756,903 126,141 2,809, 201 115, 779 2, 767, 366 119, 420 2,785,711 105,105 2, 772, 412 97, 295 2, 736, 432 98, 276 2, 747, 289 100, 480 2,756,489 97,207 2, 752, 404 106,958 2,779,984 95,004 2, 779, 519 98,143 2, 748, 851 90,727 2, 740, 651 81,215 2, 732, 226 79,468 2, 713,026 84,057 2,679,077 75, 332 2,661,809 75,435 2,677,599 69,032 2,675,331 71,637 426,100 384, 400 354, 600 325, 600 306, 800 316,200 445,100 473, 700 661,900 886, 400 1,009, 300 1,000, 700 868, 700 853, 700 768, 000 690, 000 650, 500 659, 400 633, 400 613,400 471, 900 480,900 505,900 467, 900 504, 200 441,200 505,700 499,200 485, 200 489, 200 477,200 475, 700 442, 700 433,700 437, 700 483,700 507, 700 527, 200 525,200 570,200 603,200 575, 200 556, 200 25, 760 32, 446 33,776 31, 294 29, 956 29,026 24,163 27,347 10, 340 22, 351 8,928 21,836 22, 582 32,309 33, 667 41,739 24, 564 24,932 19,654 38.182 50, 903 48,064 35, 761 54,862 25,157 38,872 30,930 41,436 41,913 43,234 54,288 55,180 35.183 52,139 70,385 53,667 46, 719 59, 797 71, 304 64, 736 59,197 59, 451 63,532 1933 Jan.4 Jan. 1 1 — Jan. 1 8 — Jan. 2 5 — Feb.l_._ Feb.8.-_ Feb. 15. . Feb. 21-. Mar.l— Mar. 8 — Mar. 15Mar. 22Mar.29_. Apr. S.Apr. 12. _ Apr. 19-. Apr.26._ May3— May 10May 17May24_. May 31- June7__. June 14_ _ June 21 _. June 28-. July5__. Julyl2__ July 19__ July 26__ Aug.2__. Aug.9— Aug. 16Aug.23Aug.30.. Sept. 6 — Sept. 13Sept. 20.. Sept. 27.. Oct. 4... Oct. 11. _ Oct. 18._ Oct.25.- TABLE N O . 40.—Federal Reserve notes, segregated by series, printed, shipped and canceled, issued to banks, retired, and destroyed since organization of the banks, with the balance in vaults and amount outstanding Oct. 31, 1933 VAULT BALANCE OCT. 31, 1933, 1914-18 SERIES Fives Tens Twenties Fifties Total printed. $5,370,100,000 $5,978,52G,0O0 $6,092,240,000 $1,283,800,000 Total shipped and canceled 5,370,100,000 5,978,520,000 6,092,240,000 1,283,800,000 One hundreds Five hundreds $884,400,000 884,400,000 $173,000,000 173,000,000 One thousands Five thousands Ten thousands Total O $333,600,000 $108,000,000 $184,000,000 333,600,000 108,000, 000 184, 000,000 407, 660,000 407,660,000 n VAULT BALANCE OCT. 31, 1933, 1928 SERIES Total printed $2,280,960,000 $3,075,360,000 $3,014,400,000 $1,350, 200,000 $1, 703,600,000 924,200,000 1,242,800,000 Total shipped and canceled 1,683,640,000 2,537,520,000 2,429,120,000 Total on hand 597, 320,000 537,840,000 585,280,000 426,000,000 460,800,000 $951,260, 000 $1,160,996,000 $81,840,000 716, 396,000 39,120,000 512,260,000 439,000,000 444, 600,000 42,720,000 $98, 880,000 $13,717,496,000 39, 720,000 10,124,776,000 59,160,000 * 3,592, 720,000 <3 O COMBINED VAULT BALANCE OCT. 31, 1933, BOTH SERIES Total1 printed--, - $7,651,060,000 $9,053,880,000 $9,106,640,000 $2, 634,000,000 $2, 588,000,000 $1,124,260,000 $1,494, 596,000 $189,840,000 $282,880,000 $34,125,156, 000 printe< Total1shipped shippe and canceled 7,053,740,000 8,516,040,000 8,521,360,000 2, 208,000,000 2,127, 200,000 685, 260,000 1, 049,996,000 147,120,000 223, 720,000 30, 532,436,000 Total < on hand 597,320,000 537,840,000 585,280,000 426,000,000 460,800,000 439,000,000 444, 600,000 42, 720,000 59,160,000 3, 592, 720, 000 ISSUED, R E T I R E D , AND OUTSTANDING OCT. 31, 1933, 1914-18 SERIES Total1 issued— issued. Total1retired.._ retired Total < outstanding—- $6,148,375,250 6,129,741,515 $6,990,812,040 6,966,253,810 18,633,735 24,558,230 $7,192,258,040 $1,486,660,050 $1, 111, 562,800 7,152,971,440 1,469,786,200 1,092,851,700 39,286,600 16,873,850 18,711,100 $184, 528, 500 180,832,000 $424,150,000 413, 419,000 3,696, 500 10, 731,000 $73,340,000 $127, 260,000 $23, 738,946,680 73,190,000 126,900,000 23,605,945,665 150,000 360,000 133,001,015 ISSUED, R E T I R E D , AND OUTSTANDING OCT. 31, 1933, 1928 SERIES Total issued $2,091,318,370 $3, 632,000,120 $3,394, 503,840 $1,098,809,500 $1,570,339,500 808,696,200 1,047,297,300 1,827,854,155 2,881,454, 710 2,498,336,380 Total retired Total outstanding-__• 263,464, 215 896,167,460 290,113,300 523,042,200 750, 545,410 $505,079,000 384,767,000 20,312,000 2 $782, 277,000 $41,095,000 552,802,000 33,305,000 229,475,000 i 7,790,000 $59, 680,000 $13,175,102,330 47, 700,000 10,082,212,745 11,980,000 3,092,889,585 QQ OO TABLE NO. 40 —Federal Reserve notes, segregated by series, printed, shipped and canceled, issued to banks, retired, and destroyed since organization of the banks, with the balance in vaults and amount outstanding Oct. 31, 1983—Continued CO COMBINED ISSUED, RETIRED, AND OUTSTANDING OCT. 31, 1933, BOTH SERIES Fives Total issued Total retired Tens Twenties Fifties One hundreds Five hundreds $8, 239, 693, 620 $10, 622,812,160 $10, 586, 761,880 $2, 585, 469, 550 $2, 681, 902, 300 9,651,307,820 2, 278,482,400 2,140,149,000 7,957, 595, 670 9,847,708, 520 Total outstanding.-. 282,097,950 775,103, 640 935,454,060 306,987,150 541, 753, 300 One thousands Five thousands Ten thousands Total 8 $689, 607, 500 $1, 206, 427,000 $114,435,000 $186,940,000 $36,914,049,010 966,221,000 106,495,000 174,600,000 33,688,158,410 565,599,000 124,008,500 240, 206,000 7, 940,000 12, 340,000 3, 225,890,600 MUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKS AND ON HAND IN VAULT OCT. 31, 1933, 1914-18 SERIES BANK Boston New York Philadelphia Cleveland Richmond Atlanta _ Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 1 Total received Total destroyed $450, 923,875 1,483,510,785 517,840, 765 364,925, 595 229,056, 765 270,800,110 821,524, 530 207,873,460 145,656, 590 218, 721,390 142,195, 300 457, 697,100 $695, 459,360 1,760,464,030 564,478, 290 436,876, 780 274,231, 700 311,481,670 844,439,210 214,103,990 142, 690, 360 163, 610,900 129, 327,810 412, 677, 670 5,310,726,265 5,949,841,770 5, 310, 726, 265 5,949,841, 770 $512, 789, 960 1,167,844,100 598,995,060 766,031,860 336,812,400 315,539,080 929,398,700 213,217,320 129,973,040 181, 568,880 136,251,160 710,691,840 $51,998, 250 259,179,350 183,956,800 296,513,550 82,247,900 42,482,600 197,341,850 28,104, 750 7,804,600 18,330,900 10,627, 650 66,937,950 5,999,113,400 1,245,526,150 5,999,113,400 1, 245, 526,150 $71, 473, 800 302, 756,700 62,416,200 65,397,200 41,030,000 46, 243,900 86,208,800 18,185, 700 11,524,900 24, 851, 500 12,065, 200 103,935,000 $6,655,000 61,686, 500 3,325,500 7,517,500 1,990, 500 12,845,000 14,586,500 3, 294,000 1,937,000 3,444,000 2,139, 000 9,882,000 $20,366,000 122,318,000 13, 255,000 8,498,000 8,277,000 39,423,000 18,075,000 4,109,000 2,651,000 4,149,000 4, 292,000 21,057,000 $3,980,000 7,985,000 13,985,000 $8,010,000 $1,821, 656, 245 15,910,000 5,181,654,465 1,944, 267, 615 3,970,000 1,951, 710,485 4,000,000 979,646, 265 1,038,815,360 2,915,494,590 694,888,220 4,000,000 442,237,490 614, 676,570 436,898,120 19, 750,000 1,816,613,560 846,088,900 846,088,900 129,302, 500 129, 302, 500 266,470,000 266,470,000 35,850,000 35,850,000 55,640,000 55,640,000 1,980,000 2,000,000 3,920,000 2,000,000 i o o 19,838,558,985 19,838,558,985 3 3 M U T I L A T E D F E D E R A L R E S E R V E N O T E S , BY D E N O M I N A T I O N S , R E C E I V E D A N D D E S T R O Y E D SINCE O R G A N I Z A T I O N OF BANKS A N D ON H A N D I N V A U L T O C T . 31, 1933, 1928 S E R I E S BANK Boston New YorkPhiladelphia.Cleveland Richmond Atlanta __ _ Kansas City. Dallas San Francisco.._ __ $83,140,425 207, 037,035 111,260,770 85,126, 700 45, 640, 310 60,553,015 126,912,180 72,614,155 17,612, 340 30,509,075 16,244,865 81,634,685 Total received. Total destroyed. _ 938, 285, 555 936,350,655 Chicago __ _ _ _ _ _ _ _ St. Louis M i n n e a p o l i s __ __ 1,934,900 Balance on hand $192,130,900 303,980,130 145,899,120 119,124,710 70,045,090 57, 213,870 161,778,730 61,276, 530 25,011,700 40,480,170 25,083,970 65,599,440 $77,629,620 146,566,780 83,941,860 108,495,800 57,280,400 36,787,660 87,368,160 34,003,080 16,415,000 35,625,300 20,234,500 72,425,320 $6,498,500 22,207,000 27, 565,200 16,262,950 10,180,900 6,366,600 26,011,300 2,113,600 797, 600 2,199, 200 888,000 4,250, 250 $7,656,800 18,822,600 8,015, 200 3,583, 600 6,466, 500 7,835,800 8,255,600 2,401,000 1, 223,000 2,982, 200 1,608,400 6,612,800 $615,000 4,202, 500 679,000 1, 531,000 247,000 3,073,000 877, 500 109,000 241,000 1,193, 000 233,000 303,000 $1,421,000 6,386,000 1,198,000 1,956,000 5,966,000 3, 749,000 4,873,000 154,000 337,000 1,781,000 302,000 529,000 $35,000 25,000 $40,000 110,000 40,000 45,000 35,000 45,000 110,000 130,000 70,000 5,000 20,000 10,000 1, 267,624,360 1, 264,540,760 776, 773,480 774,985,480 125, 341,100 124,973,650 75,463,500 75,141,900 13,304,000 13,132,000 28,652,000 28,546,000 300,000 230,000 420,000 400,000 3,226,163,995 3,218,300,445 367,450 321,600 172,000 20,000 7,863, 550 3,083,600 1, 788,000 106,000 70,000 $369,167,245 709,337,045 378,559,150 336,230,760 196,001,200 175,613,945 416,121,470 172,671, 365 61,637,640 114,859,945 64,609, 735 231,354, 495 C O M B I N E D M U T I L A T E D F E D E R A L R E S E R V E N O T E S , BY D E N O M I N A T I O N S , R E C E I V E D A N D D E S T R O Y E D S I N C E O R G A N I Z A T I O N O F B A N K S A N D O N H A N D I N V A U L T O C T . 31, 1933, B O T H S E R I E S Total received _ . _ Total destroyed $6, 249,011,820 6, 247,076,920 $7,217,466,130 7, 214,382, 530 1, 934, 900 3,083, 600 Balance on hand $6,775,886,880 $1, 370,867, 250 6, 774,098,880 1, 370, 499, 800 1, 788,000 367, 450 $921,552,400 921, 230,800 $142, 606, 500 142, 434, 500 $295,122,000 295, 016,000 $36,150,000 36,080,000 321,600 172,000 106,000 70,000 1 a o g $56, 060,000 $23,064, 722,980 56,040,000 23,056,859,430 20,000 7,863,550 N O T E . — D u r i n g the fiscal year Nov. 1, 1932, to Oct. 31, 1933, badly mutilated, burned, and fractional parts of Federal Reserve notes amounting to $23,052—new series, $19,720 old series, $2,442—Federal Reserve b a n k notes, 1929 series, $890 have been identified, valued, and the bank of issue determined. 3 CO Or TABLE N O . 41.—Aggregate amount of Federal Reserve bank notes, old series, printed, issued, canceled, and redeemed by denominations, since the inauguration of the Federal Reserve system, and amount outstanding, Oct. 81, 1933 VAULT BALANCE OCT. 31, 1933 Ones Total printed _ Total issued and canceled $478,892, 000 478,892,000 Twos $135,192,000 135,192,000 Fives $121,460,000 121,460,000 Tens $16,440, 000 16,440,000 Twenties Fifties Total $9, 760,000 9,760,000 $200,000 200,000 $761,944,000 761,944,000 ISSUED, REDEEMED, AND OUTSTANDING OCT. 31, 1933 Total issued Total redeemed ,. „ Total outstanding _ „,„„,„„ ,__,. ,„,. „ $478, 892, 000 477, 229, 964 $135,192,000 134, 760, 913 $121, 460, 000 121,178,865 $16,440, 000 16,373,075 $9,760,000 9, 686, 550 $200,000 189,950 $761,944, 000 759,419, 317 ,-_„, 1, 662, 036 431,087 281,135 66, 925 7a, 450 10,050 2,524,683 ,. TABLE N O . 41-A.—Aggregate amount of Federal Reserve bank notes, series 1929, printed, shipped, and on hand; issued, retired, and outstanding; received for destruction and destroyed by denominations, under the terms of sec. 18, Federal Reserve Act, as amended and approved Mar, #, 1933, during period Mar. 9, 1933, to Oct. 31, 1933 o I o VAULT BALANCE OCT. 31, 1933 Fives Total printed Total shipped Total on hand ^___.,_-_ Tens Twenties Fifties $101,100,000 61,560, 000 $204,480,000 97, 360, 000 $263, 280,000 129,280,000 $138,600,000 61,400,000 39,540,000 107,120,000 134,000,000 One hundreds Total $160,800,000 64, 000,000 $868,260,000 413,600,000 77,200,000 96,800,000 454,660,000 8 ISSUED, RETIRED, AND OUTSTANDING O C T . 31, 1933, 1929 S E R I E S Total Issued Total retired.., . Total outstanding $51, 265,000 6, 433,500 $61,557,000 3,257,150 $77, 702, 000 7,398,500 $19, 415,000 2,105, 200 $33, 200,000 6, 499,100 $243,139,000 25, 693, 450 44,831,500 58,299,850 70,803,500 17,309,800 26, 700,900 217,445,550 3 M U T I L A T E D F E D E R A L R E S E R V E BANK NOTES, BY D E N O M I N A T I O N S , R E C E I V E D A N D D E S T R O Y E D SINCE ORGANIZATION OF BANKS, AND ON HAND I N VAULT OCT. 31, 1933, 1929 S E R I E S BANK $501,400 277,300 1,024,150 475, 650 210,350 1,030,250 450 $54,700 937, 250 31,950 55, 700 106, 500 172,050 12,150 _ _ 62, 050 11,900 48, 650 40,350 7,850 37,700 14,000 500 1,300 Total received Total destroyed 3, 593, 500 3, 593, 500 1,467,150 1, 467,150 1.163, 500 1, 163, 500 165. 200 165, 200 149,100 149,100 Boston New York Philadelphia Cleveland— _ Atlanta ChicagoSt. Louis . Minneapolis Kansas City Dallas . San Francisco ___ Balance on hand $95,900 723,200 106,100 12,900 8,200 150,800 3,000 11, 700 $162, 650 $119,000 2,050 6,000 22,800 $652,000 2, 219, 400 1,162,200 552,300 325,050 1,375,900 15,600 11,700 48,650 141,900 33, 750 6, 538, 450 6, 538,450 tei o 3 a o o 3 tel szj o CO TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 31, 1933, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure Organization Name and location of bank Farmers & Drovers National Bank, Waynesburg, Pa. First National Bank, Sutton, W.Va Bannock National Bank, Pocatello, Idaho American National Bank, Billings, Mont Citizens National Bank, Laurel, Mont Commercial National Bank, Wilmington, N.C First National Bank, Joseph, Oreg First National Bank, Sapulpa, Okla Merchants National Bank, Mandan, N.Dak First National Bank, Webster, S.Dak Sioux Falls National Bank, Sioux Falls, S.Dak First National Bank, Brookings, S.Dak Commercial National Bank, Miles City, Mont First National Bank, Coalgate, Okla First National Bank, Huron, S.Dak First National Bank of Fergus County, Lewistown. Mont Drovers National Bank, East St. Louis, 111 City National Bank of Huron, Huron, S.Dak.i National Bank of Commerce, Rochester, N.Y First National Bank, Ozark, Ala First National Bank, Alma, Wis Stockmans National Bank, Columbus, Mont First National Bank, Townsend, Mont National Bank of Commerce, Pierre, S.Dak First National Bank, Matoaka, W.Va Commercial National Bank, Greenville, Tex Georgia National Bank, Athens, Ga First National Bank, Hedrick, Iowa 1 Burgettstown National Bank, Burgettstown, Pa First National Bank, Selma, N.C First National Bank, Florence, S.C Charter no. 6213 6347 11696 8716 12176 8048 5951 10604 6502 2823 3087 5015 5647 2819 7274 10399 8781 8111 7629 8338 11220 9982 4279 11264 7510 6525 5540 2408 10739 9747 Lawful money deposited 12,1906 29 1914 11.1921 23.1922 4.1923 31.1923 14,1923 30,1923 26.1923 2.1924 24.1924 9,1924 15,1924 27,1924 14,1924 $100,000 50,000 11, 700 $100,000 50,000 11,700 33,900 91,500 24,300 44,900 25,000 24,700 74, 250 98,500 98, 500 27,300 29,000 33,900 91,500 24,300 44,900 25,000 24,700 74, 250 98, 500 98, 500 27, 300 29,000 100,000 300,000 Apr. 12,1924 485,000 200,000 M a y 22,1924 57,000 200,000 50,000 June 10,1924 44, 750 50,000 500,000 1, 222, 500 1, 500, 000 June 21,1924 35,000 Oct. 23.1924 85, 737 25,000 25,000 Nov. 7.1924 52, 500 25,000 60,000 Jan. 7.1925 50,000 60,000 Jan. 8,1925 26,000 50,000 139, 048 75,000 100,000 Feb. 11.1925 25,000 16, 250 60,000 M a r . 3,1925 158, 000 100,000 160,000 Apr. 6,1925 716, 000 100, 000 400,000 Apr. 17,1925 51, 750 25,000 25,000 Apr. 24,1925 444, 500 50, 000 100, 000 M a y 14,1925 11,400 30, 000 M a y 16,1925 30, 000 167, 000 150, 000 M a y 22,1925 100, 000 124.500 124, 500 39,000 459,897 32,400 24,995 39,000 459,897 32,400 24,995 12, 500 79, 500 50,000 149,995 200,000 19, 800 98, 400 8,800 124,000 12. 500 79, 500 50,000 149,995 200, 000 19,800 98,400 8,800 124,000 Capital Jan. 30,1865 Apr. 7,1902 July 15,1902 $150,000 35,000 50,000 150, 000 35,000 200,000 25,000 25,000 50, 000 25,000 50,000 50,000 80,000 25,000 50,000 May Apr. June Feb. Feb. May July Jan. Feb. Nov. Nov. Oct. Aug. Jan. May Mar. 5,1920 3,1907 17,1922 11,1905 19.1901 24,1914 19.1902 14.1882 15.1883 15,1895 8,1900 19,1882 9,1904 30.1913 3,1907 1,1906 13.1905 16.1906 12,1918 31,1911 13,1890 7,1918 24,1904 14,1902 11,1900 25,1879 7,1915 23,1910 Failures Circulation outstanding at date of failure Date May Apr. Dec. Aug. Aug. Nov. Nov. Nov. Aug. Dec. May Total dividends paid during existence as a national banking association $597, 750 31, 500 49,000 7,700 32,000 177, 550 5,000 32,500 240, 500 270, 500 277, 000 175, 850 166, 350 Capital $200, 000 50,000 100,000 150, 000 35,000 200,000 25,000 100, 000 50, 000 25,000 150,000 100,000 250,000 100,000 65,000 Receiver appointed Dec. Aug. June Sept. Jan. Jan. June July Dec. Jan. Jan. Feb. Feb. Feb. Mar. Total deposits at date of failure Borrowed money (bills payable, rediscounts, etc.) at date of failure $1,131,990 365,125 906, 616 512,069 232,905 2, 026, 264 144, 848 814, 363 334, 505 241, 585 2, 215, 436 682,058 1, 636, 238 536, 517 1, 307,918 $1,126,045 21,058 729, 230 94,108 110,000 484, 361 170, 613 147,800 43,912 47, 595 583,120 370, 382 508, 962 347, 320 667, 305 3, 506,398 569,079 1, 307,918 805,805 107,368 667, 305 2,061,108 157, 733 43, 431 9,200 16,076 175,140 232, 323 141, 556 82,590 1, 073, 294 604,024 •727,840 1,418, 519 1,-724,366 199,987 1,175,814 80,403 28,766 998,869 26,000 70,000 72,847 318,438 CO First National Bank, St. Cloud, Minn Globe National Bank, Denver, Colo First National Bank, Warren, Minn -„ . , First National Bank, Halloek, Minn Manilla National Bank, Manilla, Iowa Muskogee Security National Bank, Muskogee, Okla__ Gregory National Bank, Gregory, S.Dak . Warren National Bank, Warren, Minn Security National Bank, Mason City, Iowa Broadway National Bank, Denver, Colo First National Bank, Watikon, Iowa ~ Farmers National Bank, La Moure, N.Dak__..._ First National Bank, Frankfort, S.Dak First National Bank, Shenandoah, Iowa First National Bank, Jonesboro, Ark De Smet National Bank, De Smet, S.Dak First National Bank, Pepin, Wis. First National Bank, Woonsocket, S.Dak First National Bank, Waubay, S.Dak Oakes National Bank, Oakes, N.Dak— National Farmers Bank, Owatonna, Minn First National Bank, Veblen, S.Dak Farmers National Bank in Lidgerwood, N.Dak Farmers & Merchants National Bank, Merced, Calif-_. National Bank of Franklin, Franklin, Tenn __. Farmers & Merchants National Bank, Lake City, S.C First National Bank, Milbank, S.Dak Citizens National Bank, Spencer, Iowa Clarinda National Bank, Clarinda, Iowa First National Bank, Marked Tree, Ark First National Bank, Leeds, N.Dak Farmers National Bank, Brookings, S.Dak First National Bank, Alta, Iowa First National Bank, Malvern, Iowa First National Bank, Haley ville, Ala First National Bank, Plattsmouth, Nebr Citizens National Bank, Ortonville, Minn First National Bank, Boyceville, Wis First National Bank, Beardsley, Minn Farmers National Bank, Red Lake Falls, Minn First National Bank, Edgeley, N.Dak First National Bank, Britt, Iowa First National Bank, Clinton, Minn Citizens National Bank, Albert Lea, Minn First National Bank, Allegan, Mich Farmers & Merchants National Bank, Mount Morris, Pa. First National Bank, Rush City, Minn First National Bank, Dunbar, Pa First National Bank, Lepanto, Ark Provident National Bank, Waco, Tex.1.. Footnotes at end of table, p. 22&. 2790 11623 5866 6934 6041 12277 9377 11286 10428 12250 4921 9714 10683 2363 8086 5355 10725 5946 6124 6988 4928 9858 12743 10352 1834 10681 6473 6941 3112 11122 6312 6462 7126 2247 11613 1914 6747 11128 7438 9837 7914 5020 7161 6128 1829 6954 7576 11322 4309 Feb. May Aug. Nov. Nov. Mar. Dec. July Aug. Apr. Mar. Dec. May Dec. May Apr. Aug. Jan. Mar. May Aug. May Jan. May Dec. Oct. Aug. Dec. Dec. June Aug. Jan. Feb. Feb. Dec. Apr. Dec. July July Aug. Aug. Feb. Jan. May Sept. 25.1882 5,1920 18,1901 5.1903 12.1901 8,1922 23.1909 28,1918 16,1913 10,1922 22,1893 1,1910 26,1914 5,1877 20,1905 1,1900 7,1915 6.1901 31.1902 21.1903 29,1893 16.1910 11,1925 4,1913 25,1871 26,1914 16.1902 11.1903 26.1883 17,1917 9.1902 29.1902 21.1904 9,1875 9,1920 12,1871 18.1903 8,1917 7.1904 19,1910 29.1905 13,1895 13.1904 22.1902 11,1871 22.1903 50,000 200, 000 25,000 25,000 25, 000 100, 000 50,000 30,000 100, 000 200,000 50,000 50, 000 25,000 50,000 100,000 25,000 25,000 25,000 25,000 25,000 80,000 25,000 25,000 100,000 60,000 100,000 25,000 50,000 50,000 25,000 25,000 50,000 50,000 50,000 25,000 50, 000 25,000 25,000 25, 000 25,000 25,000 50,000 25,000 50, 000 50,000 25,000 401,000 66,000 81, 250 84,450 41,875 12,000 77,477 6,400 614, 500 28,000 226, 500 51,000 16,250 417,000 206,000 154,875 15,500 98,050 42,500 2G.000 199, 200 46,975 Aug. Jan. Mar. Mar. 1,1903 20,1905 19,1919 31,1890 25,000 50,000 35,000 300,000 64,500 61, 000 3,500 1,320,000 26,000 592,150 82,000 118,797 175,750 206,817 14,600 35,000 83,050 111,500 272,000 6,000 276,000 54,500 4,750 37,000 16,500 170,060 172, 250 70, 250 110,000 272,050 29,000 250, 000 | 200,000 50, 000 60, 000 25,000 200, 000 50, 000 50,000 100,000 200, 000 100,000 50,000 25,000 50,000 100,000 50,000 25,000 50,000 25,000 25,000 75, 000 40,000 25,000 100, 000 100,000 100,000 50,000 100,000 50,000 50,000 25,000 50,000 50,000 50,000 25,000 50,000 25,000 25, 000 25,000 25,000 85, 000 50,000 25,000 50,000 50,000 25,000 June 24,1925 Oct. ~ -" 1,1925 Oct. 10,1925 Oct. 16,1925 Oct. 20,1925 Nov. 7,1925 Nov 25,1925 5,1925 Dec. Dec. 29,1925 Jan. 16,1926 Jan. 18,1926 Feb. 25,1926 Apr. 12,1926 May 13,1926 June 4,1926 July 6,1926 July 23,1926 do. Aug. 20,1926 Sept. 4,1926 Sept. 10,1926 Sept. 18,1926 Sept. 21,1926 Sept. 23,1926 Oct. 18,1926 .do. N o v . 15,1926 N o v . 19,1926 N o v . 29,1926 N o v . 30,1926 Dec. 1,1926 Dec. 3,1926 .do. Dec. 10,1926 Dec. 17,1926 Dec. 21,1926 Jan. 4,1927 Jan. 18,1927 Jan. 21,1927 Jan. 24,1927 Jan. 31,1927 Feb. 1,1927 Feb. 10,1927 Feb. 18,1927 50,000 50,000 35, 000 300,000 do M a r . 7,1927 M a r . 25,1927 M a r . 26,1927 Feb. 21,1927 24, 600 24, 600 18, 450 24,600 24,600 18,450 48, 500 25, 000 97, 900 48, 500 25,000 97, 900 93, 200 48, 700 93, 200 48, 700 20,000 40,000 23,800 20,000 40,000 23,800 15,000 6,250 24,500 74, 550 9,700 15,000 6,250 24,500 74, 550 9,700 96,600 97,600 38,500 49, 295 49, 500 48, 300 24, 700 49,200 48, 695 12, 500 96,600 97,600 38, 500 49, 295 49, 500 48,300 24,700 49, 200 48, 695 12, 500 48, 600 15, 400 24, 700 24, 997 24, 700 48,600 44,300 20,000 49, 398 46,900 24,500 48, 600 15,400 24, 700 24, 997 24,700 48,600 44,300 20,000 49, 397 46, 900 24, 500 48,400 48,100 48,400 48,100 50, 666 50,000 1,889,085 4, 318, 064 418, 618 358,730 136, 221 2,122,001 290,520 341, 515 944, 632 2, 318, 247 739, 072 192, 334 236, 288 635,983 419, 317 351,858 251, 640 195,852 171, 508 216, 250 1, 446, 671 141,176 280, 454 1,128,135 472,775 719, 644 332,973 466,656 599,132 107, 658 128,672 976, 522 453,681 231, 793 100, 507 287, 703 265,030 172, 278 252, 056 123, 428 273.196 708, 295 162,825 887,404 581, 948 310,068 402,890 376,954 113,171 80,860 20,265 263, 720 115, 266 100,130 244,304 359,940 366, 597 108, 211 28,180 104, 306 10,150 34,683 367,006 201,365 112,455 74, 596 18,371 27, 659 81,099 42,205 47,863 229,029 148,469 64, 518 154,012 103,830 92, 225 14,208 86,641 71,769 45,415 34,875 37, 250 61,808 5,300 40,878 106, 799 47,087 37, 205 117,049 26,150 20,034 301, 754 TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank Charter no. First National Bank, Sheldon, Iowa 3848 First National Bank, Columbia City, Ind 7132 First National Bank, Lake Worth, Fla 11716 First National Bank, Bend, Oreg 9363 City National Bank in Kearney, Nebr 13013 Farmers & Merchants National Bank, Alcester, S.Dak 10818 First National Bank, Grafton, N.Dak 2840 10978 First National Bank, Chowchilla, Calif 3898 First National Bank, Spencer, Iowa 10207 Peoples National Bank, Waukon, Iowa 4638 First National Bank, East Grand Forks, Minn 6800 Fayette City National Bank, Fayette City, Pa 6937 First National Bank, Webster, Pa 10999 First National Bank, Bishop, Calif 4267 Citizens National Bank, Waynesburg, Pa 7304 First National Bank, Inwood, Iowa 8274 National State Bank, Stockton, Kans 6582 First National Bank, New Cumberland, W.Va 5128 First National Bank, Checotah, Okla 5893 First National Bank, Hope, N.Dak 11155 First National Bank, Manning, S.C 12863 New Georgia National Bank, Albany, Ga 5500 First National Bank, Minnewaukan, N.Dak 2998 First National Bank, Greenville, Tex.i 12270 First National Bank, Mullens, W.Va 4403 Astoria National Bank, Astoria, Oreg 12770 New First National Bank in Springfield, Mo 5551 First National Bank, Carrington, N.Dak 6381 First National Bank, Toronto, S.Dak 9335 Commercial National Bank, Statesville, N.C 6260 First National Bank, Bristow, Okla 411 First National Bank, Marshalltown, Iowa 9488 First National Bank, Arcadia, Ind-_ '._ Date Capital Feb. Feb. 2,1904 Apr. 19,1920 Jan. 23,1909 Dec. 3,1926 Dec. 30,1915 Nov. 14,1882 Mar. 29,1917 May 26,1888 May 1,1912 Sept. 7,1891 May 16,1903 June 20,1903 Nov. 21,1916 Jan. 15,1890 May 23,1904 May 22,1906 Dec. 9,1902 May 23,1898 June 17,1901 Feb. 23,1918 Dec. 22,1925 July 9,1900 June 30,1883 Nov. 3,1922 Aug. 9,1890 June 6,1925 July 6,1900 July 8,1902 Dec. 26,1908 Apr. 29,1902 Apr. 25,1864 July 8,1909 $50,000 50,000 30,000 25,000 150,000 25,000 50,000 25,000 60,000 50,000 50,000 75,000 25,000 25,000 50,000 25,000 50,000 40,000 50,000 25,000 25,000 300,000 25,000 50,000 25,000 50,000 125, 000 25,000 25,000 100,000 25,000 50,000 25,000 Total dividends paid during existence as a national banking association $293,500 171,000 36,500 75,260 43, 750 296,500 2, 750 295, 700 138,000 161, 250 43,125 126,000 1,565,000 121,000 102, 750 73,350 234, 600 171, 269 20,500 90,000 84,250 512,750 297,354 3,750 128,861 71,290 145, 500 202, 500 839,000 15,000 Failures Capital $150,000 100,000 100,000 100,000 150,000 50,000 50,000 25,000 150,000 125,000 50,000 75,000 25,000 50,000 500,000 50,000 50,000 50,000 50,000 50,000 50,000 200,000 25,000 150,000 25,000 200,000 125, 000 50,000 25, 000 100,000 50,000 200,000 25,000 Receiver appointed Mar. 29,1927 Mar. 31,1927 Apr. 2,1927 Apr. 29,1927 M a y 14,1927 M a y 17,1927 M a y 25,1927 M a y 28,1927 June 25,1927 July 19,1927 July 28,1927 do Aug. 8,1927 Aug. 15,1927 Aug. 17,1927 Sept. 6,1927 Nov. 14,1927 Nov. 21,1927 Dec. 1,1927 Dec. 12,1927 Dec. 14,1927 Jan. 4,1928 Jan. 6,1928 Jan. 11,1928 Jan. 16,1928 Feb. 24,1928 Mar. 17,1928 Mar. 26,1928 Apr. 3,1928 Apr. 19,1928 Apr. 25,1928 June 11,1928 July 3,1928 Lawful money deposited Borrowed money (bills Circulation out- Total depos- payable, redisits at date standing counts, of failure at date etc.) at of failure date of failure $99,000 94,200 32,300 12,500 90,800 $99,000 94,200 32,300 12,500 90,800 49,600 49,600 24,300 123,200 37, 498 69,400 24,100 24,300 123,200 37,498 69,400 24,100 25,000 48,900 50,000 49, 300 50,000 25,000 197,997 24, 745 138, 545 275,000 25,000 48,900 50,000 49,300 50,000 25,000 197,997 24,745 138, 545 24,700 24,300 98,200 25,000 49,750 25,000 24,700 24,300 98,200 25,000 49,750 25,000 $777,551 1,010,834 1, 358, 878 1,264,073 1, 868, 476 396,354 866, 808 219, 524 855, 375 529, 744 481, 798 1, 781, 014 283,727 763,199 4,080,072 182, 242 260, 504 550, 814 233,446 256, 286 190,793 721,845 172,443 185,768 2, 242,061 494,, 778 325,911 205, 349 910,884 548,130 1,619,996 173,740 $235,419 93,312 191, 240 73,854 312. 680 24,684 25,885 30,000 57, 521 14,400 119,150 24,000 55,432 132,849 58,558 30,499 60,409 526,738 150,000 48,673 240,564 152,484 39,276 18,950 199,887 98,484 o o First National Bank, Calexico, Calif First National Bank, Denton, Tex 2812 9504 First National Bank, Plainview, Nebr Lake County National Bank, Madison, S.Dak 10636 Citizens National Bank, Woonsocket, R.I 970 First National Bank, Dublin, Ga 6374 First National Bank, Aledo, 111 7145 9999 Carolina National Bank, Darlington, S.C 6504 First National Bank, Farmland, Ind.i Lamar National Bank, Lamar, S.C 11080 Hartington National Bank, Hartington, Nebr 5400 First National Bank, Cheraw, S.C 9342 Farmers National Bank, Wakefield, Nebr Fourth National Bank, Macon, Ga First National Bank, Richland Center, Wis 7901 First National Bank, Warren, Ind 7930 Cass County National Bank, Casselton, N.Dak 7142 3019 Peoples National Bank, Middletown, Del First & Moorhead National Bank, Moorhead, Minn.. 2569 2949 Exchange National Bank, Denton, Tex 6346 First National Bank, Frisco, Tex First National Bank, Kingsbury, Tex 10266 First National Bank, Coleridge, Nebr 9796 Exchange National Bank, Spokane, Wash 4044 First Exchange National Bank, Coeur d'Alene, Idaho. _ 7120 Minneapolis National Bank, Minneapolis, Kans 3731 First National Bank, Manchester, Iowa 4221 Citizens National Bank, Hope, Ind 5726 First National Bank, Avon Park, Fla 10826 First National Bank, Punta Gorda, Fla 10512 First National Bank, Bixby, Okla 10467 Carlton National Bank, Wauchula, Fla 10691 First National Bank, Roekford, Iowa 3053 First National Bank, Erskine, Minn 11173 National Bank of Larimore, Larimore, N.Dak 6286 First National Bank, West Alexandria, Ohio 11733 First National Bank, Sandersville, Ga 7934 National Bank of Emmetsburg, Emmetsburg, Iowa___ 13059 First National Bank, Sanborn, N.Dak 8448 Peoples National Bank, Adena, Ohio 6016 Reed City National Bank, Reed City, Mich 12474 First National Bank, Ruthven, Iowa 5541 First National Bank, Sebring, Fla.. 12090 9811 First National Bank, Lakeland, Fla First National Bank, Auburndale, Fla... 12983 9453 First National Bank, Shinnston, W.Va First National Bank, Aneta, N.Dak 11311 First National Bank in Langdon, N.Dak 13053 First National Bank, May ville, N.Dak 3673 Polk County National Bank in Bartow, Fla 13309 East Alabama National Bank, Eufaula, Ala _ 3622 Footnotes at end of table, p. 229. Jan. Oct. July Oct. Jan. May Jan. Apr. Oct. Sept. May Feb. Mar. Aug. Aug. May Jan. June Aug. May July Aug. May May Jan. June Jan. Feb. Feb. Apr. Dec. Jan. July Apr. May May Aug. Apr. Oct. Aug. Dec. July Dec. June Aug. June Feb. Mar. Apr. Apr. Dec. 27.1910 30.1882 27.1909 2,1914 19,1865 3,1902 24.1904 14.1911 1,1902 5,1917 21,1900 4,1909 24.1911 2,1906 7,1905 10.1905 11,1904 2, 1883 13,1881 7,1883 2,1902 15.1912 18.1910 4,1889 14.1904 14,1887 17,1890 7,1901 10,1916 6.1914 1,1913 7.1915 18.1883 22.1918 26,1902 10.1920 15.1905 5,1927 12.1906 8,1901 8,1923 7,1900 27.1921 9,1910 17,1926 14,1909 18.1919 9,1927 4,1887 1,1929 23,1886 25,000 112, 250 50,000 259, 056 40,000 50,000 75,000 114, 000 100,000 380, 500 50,000 461, 000 25,000 76,300 50,000 98,500 25,000 32,100 25,000 4,000 40,000 73, 200 25,000 54,500 40,000 75, 000 250, 000 701,000 30,000 87,300 25,000 24, 000 25,000 85, 250 80,000 208, 400 50,000 172, 500 50, 000 259, 056 25,000 31, 250 25, 000 26, 500 40,000 64,600 100,000 2,720,000 100, 000 71,000 60,000 231, 600 50, 000 146, 000 25, 000 123,000 25,000 104,000 25,000 49, 375 25, 000 22, 500 50, 000 39, 000 50, 000 172, 500 25, 000 10,000 25, 000 48, 500 40,000 18,000 42, 000 154,880 60,000 65,000 25, 000 25,000 86,687 25,000 6,000 25, 000 62,125 50, 000 33,500 50, 000 206,000 50, 000 3,000 45,000 123,750 25,000 50, 000 228, 000 50, 000 200,000 286,380 59,000 300,000 50,000 40,000 75,000 100, 000 200, 000 50,000 100, 000 40,000 25, 000 40, 000 50,000 50,000 500,000 50,000 25, 000 25, 000 80,000 150, 000 100,000 25,000 25,000 40, 000 ,000,000 100,000 60, 000 50,000 30,000 100,000 50,000 25, 000 50, 000 50,000 25,000 25, 000 40,000 50, 000 60, 000 25, 000 50, 000 25,000 25, 000 100, 000 100,000 50, 000 90, 000 25, 000 50, 000 50, 000 200,000 100,000 July Aug. Aug. Aug. Sept. Sept. Sept. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 24,1928 15,1928 22,1928 29,1928 18,1928 24,1928 27,1928 2,1928 3,1928 9,1928 13,1928 14,1928 21,1928 26,1928 do Dec. 7,1928 Dec. 10,1928 Dec. 14,1928 Dec. 24,1928 Dec. 26,1928 Dec. 31,1928 Jan. 10,1929 Jan. 12,1929 Jan. 18,1929 Jan. 19,1929 Feb. 9,1929 Feb. 13,1929 Feb. 15,1929 Feb. 18,1929 do Feb. 20,1929 Feb. 21,1929 Feb. 23,1929 Mar. 2,1929 Mar. 5,1929 Mar. 13,1929 Mar. 14,1929 Mar, 15,1929 Apr. 10,1929 Apr. 13,1929 M a y 2,1929 do M a y 4,1929 M a y 15,1929 do. M a y 22,1929 June 3,1929 June 14,1929 June 25,1929 June 28,1929 July 1,1929 37,500 39,700 65,000 99, 980 100, 000 40, 000 85,500 37,500 39,700 65,000 99, 980 100, 000 40, 000 85, 500 25, 000 25, 000 50,000 50, 000 25, 000 25,000 50,000 50,000 49, 300 24, 995 25, 000 50,500 109,995 24, 098 24, 550 6,250 39, 350 880, 800 100,000 60,000 39, 448 29, 450 16, 250 22,000 6,050 49, 300 24,995 25,000 50,500 109,995 24, 098 24, 550 6,250 39, 350 980,800 100, 000 60,000 39, 448 29, 450 16, 250 22,000 6,050 12, 500 25,000 21,500 12, 500 25,000 21, 500 25, 000 25, 000 25,000 25, 000 25,000 25,000 7,000 7,000 44, 400 44, 400 70, 450 70, 450 10, 741 280, 677 267, 232 465, 247 1, 077, 615 893, 686 457, 596 600,598 1, 226, 485 33, 325 73, 050 188,026 638,851 101,990 118, 728 93,800 13,061 139,968 56, 970 384,810 34,363 253,116 461, 419 44, 545 7, 690, 486 1, 673, 000 25, 780 804, 491 6,198 185,804 269, 217 54,884 425, 318 174,130 170,002 1, 896, 450 437,125 6,562 60, 490 38, 205 13,942 150,689 78,140 7, 500, 236 1, 239, 500 1, 018, 391 525,118 68, 000 558, 579 60, 000 313, 914 24,000 345,432 115,800 455, 591 181, 685 411, 262 61,818 154,787 38, 492 135,516 33,968 163, 618 359,956 17, 000 231, 649 199,616 701,118 60, 358 18,422 498,265 105, 673 212,659 23,047 194,631 25, 508 390,452 61, 651 159,150 1,907,478 52, 675 289,053 73,656 840,213 34, 988 185,954 75,263 164,094 20,000 163,380 494, 531 1,046,039 298,507 414,340 TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1988, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank National Bank of Newberry, Newberry, S.C South Pasadena National Bank, South Pasadena, Calif First National Bank, McHenry, N.Dak First National Bank, De Land, Fla First National Bank, Sanford, Fla First National Bank, St. Augustine, Fla Miners National Bank, Blossburg, Pa First National Bank, Maquon, 111 Henry National Bank, Abbeville, Ala First National Bank, Montezuina, Iowa First National Bank, Eldorado Springs, Mo First National Bank, Delta, Colo Farmers National Bank, Red Oak, Iowa. First National Bank, Taylorville, 111 First National Bank, New Bern, N.C First National Ban*:, Clarksville, Ark National Bank of Lumpkin, Lumpkin, Ga First National Bank, Tower City, N.Dak Griswold National Bank, Griswold, Iowa First National Bank, Grundy, Va Carolina National Bank, Spartanburg, S.C First National Bank, Greeley, Nebr First National Bank in Mount Sterling, 111 First National Bank, Samson, Ala First National Bank, Seward, Pa First National Bank, Florala, Ala First National Bank, Bishopville, S.C-, First National Bank, Burlington Junction, Mo Dothan National Bank, Dothan, Ala First National Bank, Humphrey, Nebr Texas National Bank, Fort Worth, Tex First National Bank, Northwood, N. Dak First National Bank of Royse, Royse City, Tex First National Bank, Ennis, Tex Charter no. Date 1844 12852 8124 9657 3798 3462 5007 8482 10959 2961 10055 5467 6056 3579 13298 9633 12254 6557 8915 11698 12146 7622 13213 8028 11899 8910 10263 6242 5909 5337 12371 5980 6551 12110 May 6,1871 Nov. 17,1925 Feb. 1,1906 Jan. 5,1910 Apr. 19,1887 Feb. 16,1886 June 6,1895 Nov. 10,1906 Feb. 21,1917 May 21,1883 June 30,1911 May 22,1900 Nov. 9,1901 Oct. 9,1886 Mar. 18,1929 Nov. 27,1909 Aug. 11,1922 Dec. 9,1923 Sept. 2,1907 Apr. 19,1920 Jan. 16,1922 Feb. 3,1905 May 12,1928 Dec. 22,1906 Dec. 21,1920 Sept. 4,1907 Aug. 28,1912 Apr. 18,1902 July 6,1901 Apr. 16,1900 May 3,1923 Aug. 28,1901 Nov. 17,1902 Jan. 16,1922 Total dividends paid during existence as a national Capital banking association $50,000 100,000 25,000 50,000 50,000 50,000 50,000 35,000 25,000 50,000 50,000 30, 000 60,000 75,000 150, 000 25,000 25, 000 25,000 50,000 50,000 200,000 25, 000 50,000 25,000 25,000 50,000 50,000 25,000 50,000 25,000 300,000 25,000 30, 000 200,000 $705, 500 29,000 85,500 241, 225 807,900 127, 500 18, 900 19, 500 191, 000 66,500 156,000 67, 200 657, 290 9,094 8,750 86,500 71,000 54,000 83, 250 127,000 3,500 64, 825 34, 000 137,000 798, 683 67, 270 237,369 90, 750 151, 500 20,000 Failures Capital $100, 000 100,000 25,000 100,000 150,000 130,000 50,000 35,000 50,000 50,000 50,000 50,000 60,000 200,000 150, 000 100,000 25, 000 25,000 50,000 50,000 200,000 25,000 50, 000 100,000 25,000 100,000 100,000 25,000 400,000 35,000 500, 000 50, 000 50, 000 100, 000 Receiver appointed July 1,1929 July 2,1929 July 3,1929 July 12,1929 July 15,1929 July 25,1929 July 30,1929 Aug. 14,1929 Aug. 16,1929 Sept. 16,1929 Sept. 23,1929 Sept. 25,1929 Oct. 14,1929 Oct. 18,1929 Oct. 26,1929 N o v . 18,1929 Dec. 7,1929 Dec. 10,1929 Dec. 13,1929 do Dec. 30,1929 do_. .__. Jan. 7,1930 Jan. 8,1930 Jan. 10,1930 Jan. 13,1930 Jan. 18,1930 Jan. 22,1930 Jan. 30,1930 .—do Feb. 4,1930 Feb. 5,1930 Feb. 11,1930 d Borrowed money (bills CirculaLawful tion out- Total depos- payable, its at date redismoney standing of failure counts, deposited at date etc.) at of failure date of failure $98,600 $98,j600 100,000 100,000 130,000 49,000 23,400 16,850 48,850 49,050 49,600 58,900 98, 550 23,900 25,000 130,000 49,000 23,400 16,850 48,850 49,050 49,600 58,900 98, 550 23,900 25,000 25,000 30,000 50,000 25,000 30,000 50,000 7,000 7,000 12, 500 8,320 86,075 44,900 6,250 12,500 8,320 86, 075 44,900 6,250 484,940 24, 460 12, 500 100, 000 484, 940 24,460 12, 500 100,000 $1,108, 313 $84,118 704,440 46, 763 28,063 1, 255, 287 232, 710 1, 713, 486 192,183 1,649,312 623,197 1,167, 522 74,110 25,889 127,145 186,174 196, 597 496, 376 315,831 40,183 91, 625 457, 555 401, 608 7, 829 285, [-20 1,023,437 1,472,945 328,103 353,179 72,456 20, 854 70,170 16, 678 60,923 38,500 343, 374 61,920 159, 202 927, 503 145,000 251,187 57, 475 487,752 366,113 84,378 53,083 15,000 157,319 88,862 311,827 465,914 284, 431 970, 705 303, 570 264, 580 67,965 6, 362, 097 1,171,161 247,828 45,933 153,397 504, 083 to o to First National Bank, Roy, Mont. 10991 Apr. 11.1917 First National Bank, Brantley, Ala 7991 Nov. 6.1905 First National Bank, Gaffney, S.C 5064 Mar.. 11,1897 First National Bank, Ambrose, N.Dak 9386 Nov.. 6,1908 American National Bank, Kewanna, Ind 10616 Apr. 21.1914 First National Bank, Tranquillity, Calif-__ 11433 July 15,1919 First National Bank, Milford, 111. 5149 Oct. 8,1898 First National Bank, Tallassee, Ala 10766 July 14.1915 First National Bank, Edmore, N.Dak 6601 Jan. 15.1903 Commercial National Bank, Chatsworth, 111 __ 5519 July 14,1900 Citizens National Bank, Streeter, N.Dak 11166 Mar.. 28,1918 First National Bank, Rising Star, Tex 7906 Aug.. 24,1905 First National Bank, Coffee Springs, Ala 11259 Oct. 28.1918 Commercial National Bank, Independence, Kans 4499 Jan. 1,1891 Security National Bank, Cherokee, Iowa 10711 Feb. 10.1915 First National Bank, Hazard, Ky.i _ 8258 Mayr 28,1906 Peoples-First National Bank, White Hall, 111 7121 Jan. 4,1904 First National Bank, Wanette, Okla 6641 Feb. 6,1903 Central National Bank, Bartlesville, Okla.._ 11837 Sept.. 2,1920 First National Bank, Norris City, 111 7971 Sept.. 18,1905 Pana National Bank, Pana, 111. 6734 Apr. 14,1903 Farmers National Bank, Oskaloosa, Iowa1 8076 Jan. 24,1906 National Bank of Tifton, Tifton, Ga 8350 Aug., 10,1906 State National Bank, Idabel, Okla 12106 Jan. 17,1922 Saunders Co. National Bank, Wahoo, Nebr 3118 Jan. 3,1884 First National Bank, Pineville, W.Va. 7672 Mar.. 6,1905 First National Bank, Jasper, Fla 7757 Jan. 17,1905 National Loan & Exchange Bank, Greenwood, S.C 7027 Sept.. 16,1903 First National Bank, St. Petersburg, Fla 7730 Apr.. 26,1906 Farmers National Bank, Strawn, 111 7151 Jan. 12.1904 First National Bank, Sheboygan, Mich 3235 June 19,1884 13261 Nov.. 12,1928 First National Bank in Poultney, Vt New-First National Bank in Farmland, Ind 12866 Nov.. 25,1025 8298 June 9.1906 First National Bank, Litchville, N.Dak First National Bank, Williams, Iowa 5585 Sept.. 13,1900 Union National Bank, Connellsville, Pa~ 6408 Aug.. 9,1902 First National Bank in Fresno, Calif 11473 Sept.. 29,1919 First National Bank, Grass Range, Mont 10939 Dec. 18.1916 National Bank of Arkansas at Pinebluff, Ark 10768 Aug.. 12,1915 Citizens National Bank, Connellsville, Pa 6452 Sept . 12,1902 First National Bank, Fountain. Colo 6772 Apr., 20,1903 First National Bank, Vanderbilt, Pa 8190 Feb. 21,1906 Citizens National Bank, Galion, Ohio 1984 Mar.. 20,1872 6649 Apr. 4,1902 First National Bank, McLeansboro, 111 1 First National Bank, Farmersville, Tex. 3624 Jan. 18,1887 12946 May 6,1926 Port Newark National Bank, Newark, N.J First National Bank, Ayrshire, Iowa 5479 June 11,1900 10323 Jan. 11,1913 First National Bank, Lometa, Tex Farmers National Bank, Glenwood City, Wis 11083 Sept. 1,1917 9898 Oct. 10,1910 Clytner National Bank, Clymer, Pa First National Bank, Burt, Iowa — 5685 Jan. 6,1901 Footnotes at end of table, p. 229. 25,000 25, 000 50, 000 25, 000 25, 000 50,000 50, 000 25, 000 25, 000 25, 000 25, 000 25, 000 25, 000 100,000 50, 000 25, 000 50,000 25, 000 100, 000 25, 000 50,000 100,000 50,000 50,000 55,000 25,000 30,000 50, 000 25,000 25, 000 50,000 100,000 25,000 25,000 26,000 50, 000 200, 000 30, 000 100, 000 25, 000 25, 000 25, 000 60, 000 25, 000 50, 000 200, 000 25, 000 25,000 25,000 25, 000 25,000 14, 590 61, 000 380,000 51, 750 8,600 9,000 219,075 23, 250 101, 750 100,100 8,750 52, 750 17, 000 659, 750 27, 000 85, 000 75, 250 58, 000 34, 225 133, 500 114, 000 88,500 2,500 181, 950 25, 500 49, 085 152, 000 927, 750 47,500 235, 760 8,000 6,000 65, 500 59, 000 26, 500 18, 000 6,000 185, 000 170,000 34, 875 27,000 383, 400 113, 000 356, 464 70, 750 24,500 5,000 41,000 51,750 25,000 50,000 150,000 25,000 25,000 50,000 50,000 25, 000 25, 000 40,000 25, 000 25,000 25, 000 250, 000 50, 000 100, 000 100, 000 25, 000 100, 000 25, 000 100,000 100, 000 100,000 50, 000 50,000 25,000 30,000 100,000 600, 000 25,000 50, 000 100,000 25, 000 25,000 25, 000 50,000 400, 000 30, 000 100, 000 100,000 25, 000 25, 000 100,000 50, 000 50,000 200,000 25,000 25, 000 25,000 75,000 40,000 ____do Feb. 17,1930 do. Feb. 20,1930 Feb. 25,1930 Feb. 27,1930 Mar. 4,1930 Mar. 6,1930 Mar. 8,1930 Mar. 10,1930 Mar. 12,1930 Mar. 13,1930 Mar. 14,1930 Mar. 17,1930 Mar. 18,1930 Mar. 20,1930 Mar. 24,1930 Mar. 29,1930 Mar. 31,1930 Apr. 1,1930 Apr. 9,1930 Apr. 12,1930 Apr. 19,1930 Apr. 22,1930 May 1,1930 May 13,1930 May 16,1930 June 9,1930 June 11,1930 June 12,1930 June 20,1930 June 25,1930 June 30,1930 July 1,1930 July 3,1930 July 7,1930 July 9,1930 July 21,1930 July 31,1930 Aug. 1,1930 Aug. 4,1930 do do A u g . 6,1930 A u g . 8,1930 A u g . 12,1930 A u g . 18,1930 Aug. 22,1930 do Sept. 5,1930 12, 780 37,497 6,500 25,000 50,000 45,980 24, 400 6,070 39, 280 12, 780 37,497 6, 500 25,000 50,000 45,980 24, 400 6,070 39, 280 23, 860 23,860 100, 000 48, 920 100, 000 48, 920 47,840 6,300 47, 840 6,300 25,000 100, 000 25, 000 100, 000 49,160 9,160 24, 460 25, 000 29,040 100,000 24, 460 25, 000 29, 040 100,000 25,000 50, 000 48, 438 25,000 50, 000 48, 437 25, 000 24, 580 50, 000 200, 000 10, 000 98,920 100,000 25,000 25, 000 58,740 25, 000 25,000 24, 580 50, 000 200, 000 10, 000 98,920 100,000 25, 000 25,000 58, 740 25,000 8,000 24,100 24,700 75,000 25,000 8,000 24,100 24, 700 75,000 25,000 57,625 131,706 1, 261,844 81, 303 208,091 310,857 348,967 323,469 119,090 319, 205 166,496 167,692 27,152 5, 046, 248 145, 924 400,926 272,906 666,690 158,155 664,920 458,910 259,857 469,076 256,931 161, 344 988, 433 4, 336,700 112,492 1, 381,383 764,122 120, 624 152,358 173,782 747, 648 3, 348, 725 1, 599, 482 2, 582, 278 83, 710 140, 908 906,948 480, 275 586,763 131,813 95,361 159,497 676,769 314,987 13,513 11,858 170,000 16,842 17,114 31,841 21,792 58,010 42,105 31,181 23,190 270, 000 4,900 100,000 57, 662 28,807 191,215 5,000 111,260 100,000 89,019 67,000 247,491 24, 408 32,390 90, 353 929,725 12,000 50,000 86, 523 21,194 17,893 46,810 470,000 33,832 485,000 224,700 47,068 198, 647 112, 776 60,000 33,895 41,440 34,920 16,000 TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1983f dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at dale of failure—Con. Organization Name and location of bank Charter no. Date Total dividends paid during existence as a Capital national banking association Failures Capital Receiver appointed Borrowed money (bills CirculaLawful tion out- Total depos- payable, redisstanding its at date money counts, of failure deposited at date of failure etc.) at date of failure Fourth National Bank, Montgomery, Ala.i 5877 May 24,1901 $100,000 $877,000 $500,000 Sept. 6,1930 25,000 25,000 Sept. 17,1930 $25,000 $25,000 First National Bank, Fairview, Mo 24,500 8916 Oct. 1,1907 25,000 25,000 25,000 25,000 Sept. 19,1930 Farmers National Bank, Wilkinson, Ind 32,500 9279 Nov. 2,1908 25,000 25,000 30,000 60,000 Sept. 26,1930 First National Bank, Altus, Okla__ 7159 Feb. 15,1904 214,800 25,000 Sept. 29,1930 25,000 25,000 25,000 First National Bank, Washburn, N.Dak 6327 June 19,1902 96, 250 10,000 9,040 40,000 40,000 Oct. 7,1930 City National Bank, Spur, Tex 10703 Feb. 4,1915 44,200 30,000 24,995 30,000 30,000 Oct. 8,1930 Farmers National Bank, Howe, Tex 5670 Dec. 4,1900 61,500 25,000 25,000 25,000 25,000 Oct. 11,1930 6721 Mar. 17.1903 First National Bank, Martinsville, 111 54,125 30,000 25,000 Oct. 17,1930 Billings National Bank, Billings, Okla 5,000 12045 Nov. 12,1921 50,000 50,000 Oct. 18,1930 1890 50,000 50,000 First National Bank, Villisca, Iowa 400, 500 2766 May 29,1882 25,000 50,000 Oct. 25,1930 50,000 50,000 First National Bank, Perry, Fla 7865 July 11,1905 125, 500 1 50,000 65,000 ..do_. 4958 May 14,1894 194 500 Old First National Bank, Farmer City, HI. 50,000 75,000 Oct. 28,1930 155,000 First National Bank, Auburn, Wash .. 10585 July 10,1914 50,000 50,000 Oct. 31,1930 1,500 Peoples National Bank, Brookneal, Va 11960 Aug. 7,1920 25,000 50,000 N o v . 3,1930 50,000 50,000 113, 750 5440 Apr. 19,1900 First National Bank, Elgin, Nebr 25,000 25,000 N o v . 6,1930 6,250 6,250 39,500 7209 Mar. 28.1904 First National Bank, Berwyn, Okla 500,000 N o v . 10,1930 500,000 500,000 450,890 Quincy-Ricker National Bank & Trust Co., Quincy, 111 3752 June 7,1887 100,000 25,000 25,000 N o v . 11,1930 25,000 25,000 7,500 Planters National Bank, Walnut Ridge, Ark 12083 Aug. 24,1921 Holston-Union National Bank, Knoxville, Tenn 4648 Oct. 13,1891 100,000 1, 607, 303 750,000 N o v . 12,1930 742,198 742,198 National Bank of Kentucky, Louisville, Ky 5312 Apr. 23,1900 1,645,000 9,885, 550 4,000,000 N o v . 17,1930 2, 500,000 2,500,000 24,815 24, 815 25,000 N o v . 18,1930 25,000 22, 750 9338 Dec. 12,1908 First National Bank, West Salem, 111 50,000 N o v . 19,1930 50,000 100,000 9871 Sept. 26,1910 First National Bank, Siloam Springs, Ark.* 200,000 N o v . 20,1930 50,000 City National Bank, Spokane, Wash.i 12418 July 3,1923 200,000 200,000 N o v . 21,1930 150,000 150,000 154, 500 American National Bank, Asheville, N.C 8772 May 15,1907 300,000 .do.. 23,980 23,980 25,000 25,000 3,750 First National Bank, Plymouth, 111 12658 Mar. 7,1925 Oct. 7,000 25,000 N o v . 24,1930 7,000 25,000 24,1902 41,000 6474 First National Bank, Forman, N.Dak 7,200 40,000 7,200 30,000 .do 54,400 6885 Apr. 4,1903 First National Bank, Campbell, Mo Apr. 50,000 25,000 50,000 N o v . 28,1930 50,000 10,1906 93, 750 8216 First National Bank, Westfield, 111 50,000 49, 580 49, 580 100,000 do 71,000 10734 Apr. 21,1915 Citizens National Bank, Hendersonville, N.C 25,000 24,400 24,400 25,000 N o v . 29,1930 9274 Oct. 28,1908 31,250 First National Bank, Mendon, Ohio 30,000 40,000 30,000 30,000 do 9,600 11249 Aug. 17,1918 First National Bank, Roland, Iowa 1 Nov. 100,000 Dec. 2,1930 7,1870 100,000 525,000 1744 Merchants National Bank, Burlington, Iowa 97, 720 97,720 100,000 25,000 do 6136 Jan. 11,1902 210, 250 First National Bank, Benton, Hi 25,000 I 25,000 do 7268 May 6,1904 38,000 First National Bank, Deer Creek, Minn.i $49, 235 141,893 447,432 98, 056 184,464 69, 222 298, 702 161,423 495, 272 392, 610 745,494 342,198 105,407 42,295 3, 564,347 87, 593 11,162,384 26,966,990 223,941 364,474 50,536 1,949,431 152,037 109, 663 246,458 1,075, 536 237, 560 260,008 1,119,568 $2,854,931 26,851 23,057 132,194 34, 595 114,964 16,469 8,925 46,916 65,262 46,996 80,169 37,238 6,412 586,680 14,605 1, 774,450 7,083,021 40, 563 125,400 200,000 412, 051 17, 225 17, 214 48,000 7,730 249,081 25, 334 33,832 437,215 368, 579 24,000 to O First National Bank, Rector, Ark First National Bank, Junction City, Ark First National Bank, Newport, Tenn First National Bank, Walhalla, N.Dak First National Bank, Goreville, 111 First National Bank, Marion, 111 Sioux National Bank in Sioux City, Iowa First National Bank, Fulton, Ky First National Bank, Charlotte, N.C First National Bank, Horse Cave, Ky Farmers & Merchants National Bank, Tyrone, Pa First National Bank, Naper, Nebr American National Bank, Redfield, S.Dak First National Bank, Ullin, 111 _ _ First National Bank, Elk Point, S.Dak Farmers National Bank, Laurens, S.C Benton County National Bank, Bentonville, Ark Union National Bank, Fairmont W.Va First National Bank, Goodwin, S.Dak Kansas National Bank, Kansas, 111 First National Bank, Mount Sterling, 111.1 First National Bank, Sweetwater, Tenn First National Bank, Caruthersyille, Mo First National Bank, Capac, Mich First National Bank, Rock Rapids, Iowa Farmers National Bank, Inwood, Iowa First National Bank, Laurinburg, N.C First National Bank, Ridgeway, Mo First National Bank, Tyler, Minn City National Bank in Miami, Fla First National Bank, Augusta, Ill__ Pecan Gap National Bank, Pecan Gap, Tex First National Bank, Hobson, MonU First National Bank, Ladonia, Tex First National Bank, Sesser, 111 First National Bank, Greenwood, Miss First National Bank, Connersville, Ind First National Bank, Titonka, Iowa National Bank of Goldsboro, Goldsboro, N.C Interstate National Bank, Helena, Ark First National Bank, Rails, Tex First National Bank, Kerkhoven, Minn Merchants & Planters National Bank, Dillwyn, Va... First National Bank, Ludlow, Mo Lawrence Ave. National Bank, Chicago, 111 First National Bank, Floyd, Iowa First National Bank, Corning, Ark.i National Bank of Wilkes at Washington, Ga City National Bank, Bessemer, Ala First National Bank, Rogers, Ark First National Bank, Brookhaven, Miss Footnotes at end of table, p. 229. 10853 Apr. 11046 July 9632 Dec. 9133 Mar. 7606 Jan. 4502 Dec. 4510 Aug. 4563 Apr. 1547 Aug. 7602 Feb. 6499 Nov. 9665 Dec. 8125 Feb. 8180 Apr. 5901 June 10859 May 8135 Feb. 9645 Jan. 10797 Oct. 9293 Oct. 2402 Oct. 11202 Jan. 10784 Sept. 10631 Sept. 3153 Mar. 8257 Mar. 5651 Nov. 6549 Dec. 6203 Jan. 13159 Dec. 6751 Apr. 13266 Dec. 10715 Jan. 4311 Apr. 8758 Apr. 7216 Apr. 1034 Feb. 5597 Aug. 5048 Apr. 11234 July 12927 Mar. 11365 May 11501 Oct. 7900 Aug. 12873 Jan. 9821 June 7311 June 8848 July 11905 Dec. 7789 May 10494 Feb. 17,1916 6,1917 20,1909 14,1908 31,1905 27,1890 19,1890 24,1891 26,1865 4,1905 19,1902 15,1909 16,1906 3,1906 22,1901 16,1916 28,1906 10,1910 28,1915 10,1908 28,1878 21,1918 17,1915 17,1914 17,1884 19,1906 26,1900 12,1902 24,1902 23,1927 13,1903 10,1928 4,1915 26,1890 25,1907 2,1904 13,1865 20,1900 28,1896 23,1918 24,1926 24,1919 27,1919 7,1905 11,1926 16,1910 7,1904 25,1907 6,1920 19,1905 17,1914 25,000 24, 750 25,000 25,000 25,000 45, 000 25 000 40,085 25,000 50,000 378,000 100,000 631, 500 100,000 203, 500 50,000 2, 090,000 25,000 55, 500 60,000 162,400 25,000 37, 250 30,000 85,200 25,000 28, 000 25,000 59, 250 50,000 35,000 60,000 179,400 150,000 242,429 25,000 32, 000 50,000 45, 500 50,000 364, 250 60,000 10, 200 50,000 68, 250 25,000 51, 750 50,000 408, 500 40,000 99,600 25,000 100,000 30,000 139,800 25,000 80,000 500,000 99, 000 60,000 25,000 1,500 30,000 28, 500 50,000 315, 216 25,000 47, 250 250,000 862, 500 100,000 727, 250 25,000 50, 250 50,000 234,000 200,000 285,000 25,000 6,250 25,000 2,500 50,000 13,500 25,000 13,000 200,000 25,000 21,500 25,000 122, 700 50,000 131, 205 100,000 61, 476 25,000 130, 500 100,000 131,000 25, 000 25, 000 50, 000 25,000 25,000 100,000 400, 000 50,000 300, 000 25,000 150,000 25,000 40,000 25, 000 25,000 50,000 60,000 420,000 25, 000 50,000 100, 000 60,000 50,000 25, 000 100,000 40,000 25,000 60,000 25,000 500,000 60,000 25,000 30, 000 100,000 25,000 250, 000 200, 000 25,000 100,000 250,000 25,000 25,000 50,000 25,000 200,000 25,000 50,000 50, 000 100,000 50,000 100,000 Dec. 3,1930 do Dec. 4,1930 Dec. 5,1930 do do Dec. 8,1930 do do Dec. 9,1930 Dec. 12,1930 ___ do_ _ do do Dec. 16,1930 do do do. __„ Dec. 17,1930 do do do Dec. 18,1930 Dec. 19,1930 Dec. 20,1930 do Dec. 23,1930 do do _ . do do 24, 520 24, 520 48, 380 24,400 7,820 96,995 100, 000 48, 380 299, 980 24,400 100,000 10,000 40,000 6,200 24,400 48, 380 24, 400 7,820 96,995 100,000 48, 380 299,980 24,400 100,000 10, 000 40,000 6,200 24,400 58, 500 194,960 58, 500 194,960 50,000 50,000 38,020 46, 580 9, 280 94,100 40,000 24, 580 38,020 46, 580 9,280 94,100 40,000 24, 580 25,000 25, 000 35,000 35,000 6,260 236, 380 197,000 25,000 6,260 236, 380 197,000 25, 000 25,000 25,000 24,400 191,300 24,700 24,400 191,300 24, 700 256, 384 231,184 1,454, 676 1,117,419 209, 247 329,045 1,636, 678 56, 590 79,282 151,325 78,187 633,079 170,653 48,915 93,700 48, 320 48,915 93,700 48,320 75,000 322,962 605, 272 561,673 912,728 Dec. 26,1930 do do do Dec. 27,1930 Dec. 30,1930 - - do _ do Jan. 3,1931 Jan. 6,1931 do Jan. 9,1931 do do d o - _.._ Jan. 12,1931 do._ do Jan. 13,1931 do 193, 204 296,096 428,125 80,142 78,154 1, 567,657 3,438,611 140, 347 1, 671, 709 390, 078 362,750 45, 676 533, 474 130,169 168,865 86, 645 791, 374 2,474,918 238,137 216, 325 141,914 449,850 421, 434 257,123 177,727 108,656 87,181 505,190 5,996,970 299,969 113,720 51, 730 36,000 22, 267 20, 584 214,000 630,129 20,000 523, 250 25,000 84,935 10, 270 34, 026 39, 228 41, 785 39, 244 159,185 696, 759 70, 018 49,015 553, 211 20,000 35,199 39,137 47,904 27, 785 17,493 18,000 36,892 362,960 38, 590 60,048 29,185 43,000 678,828 79, 508 9,672 36,527 337,108 32,646 9,802 39,044 34,000 124,950 0,974 125, 547 44, 310 107,050 74,700 142,758 TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1938, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank First National Bank, Litchfield, Minn.i First National Bank, Brookfield, Mo __. Howard National Bank, Kokomo, Ind.1 Planters National Bank, Clarksdale, Miss Anoka National Bank, Anoka, Minn First National Bank, Clinton, S.C 1 First National Bank, Addison, Pa. First National Bank, Crestline, Ohio i First National Bank, Cherokee, Iowa First National Bank, Waverly, 111 Farmers & Merchants National Bank, Sheridan, IndPeoples National Bank, Osceola Mills, Pa Clinton National Bank, Clinton, Mo First National Bank, Connellsville, Pa.1 First National Bank, Redmond, Oreg First National Bank, Panama City, Fla Farmers & Merchants National Bank, Rockmart, Ga. First National Bank, Republic, Pa First National Bank, Hartselle, Ala First National Bank, Jackson, Miss National Bank of Thurmond, Thurmond, W.Va First National Bank, Fairchance, Pa National Bank of Toronto, Toronto, Ohio First National Bank, La Pine, Ala__ Lincoln National Bank, Avella, Pa American National Bank, Paris, Tex Citizens National Bank, Wilmington, Ohio Security National Bank, Hope, N.Dak First National Bank, Stone, Ky Blossom National Bank, Blossom, Tex Coolville National Bank, Coolville, Ohio First National Bank, Veedersburg, Ind First National Bank, ChampIainrN.Y First National Bank, Rouses Point, N.Y Charter no. 6118 12820 2375 12222 3000 8041 6709 5099 3049 6116 13050 11966 7806 2329 11294 10346 10900 10466 8067 3332 8998 8245 8826 10799 7854 8542 8251 13041 11890 13052 8175 11044 316 11969 Date Jan. 7,1902 Sept. 5,1925 Nov. 28,1877 June 10,1922 May 26,1883 Jan. 8,1906 Mar. 13,1903 Nov. 30,1897 Aug. 11,1883 Jan. 7,1902 Mar. 9,1927 Mar. 23,1921 Apr. 29.1905 Mar. 25,1876 Dec. 24,1918 Feb. 26,1913 Aug. 17,1916 Nov. 7,1913 Jan. 15.1906 Mar. 14,1885 Dec. 30.1907 Apr. 21.1906 July 30.1907 Aug. 3,1915 May 19,1905 Jan. 23,1907 May 2,1906 Feb. 8,1927 Dec. 3,1920 Mar. 21,1927 Mar. 8,1906 July 3,1917 Feb. 20,1864 Apr. 14,1921 Capital $50,000 100,000 100,000 500,000 100,000 50,000 25,000 50,000 50,000 25,000 40,000 50,000 50,000 50,000 25,000 30,000 40,000 25,000 25,000 50,000 50,000 25,000 50,000 25,000 25,000 150,000 60,000 25,000 50,000 30,000 25,000 35,000 65,000 50,000 Total dividends paid during existence as a national banking association $7,500 827,000 140,000 146, 500 112,085 11,500 147,000 276, 667 132,000 14,500 130,500 400,000 3,750 313,950 20,800 32,500 190, 333 724,500 99,000 22,750 102,000 22,000 54, 750 328, 500 171,500 28,500 2,400 41, 250 23,450 861, 750 52,000 Failures Capital $75,000 100,000 200,000 500,000 50,000 100,000 25,000 75,000 100,000 100,000 50,000 100,000 50,000 200,000 25,000 250,000 40,000 50,000 100,000 200,000 50,000 25,000 100,000 25,000 100,000 150,000 100,000 25,000 50,000 30,000 25,000 35,000 100,000 50,000 Receiver appointed Jan. 14,1931 Jan. 22,1931 do Jan. 26,1931 Jan. 27,1931 do. Jan. 28,1931 ..—do Jan. 31,1931 Feb. 7,1931 Feb. 9,1931 Feb. 10,1931 do. Feb. 12,1931 .—do .do. Feb. 13,1931 .—do Feb. 16,1931 do. Feb. 18,1931 Feb. 26,1931 doMar. 3,1931 Mar. 7,1931 Mar. 9,1931 do- Mar. 13,1931 Mar. 17,1931 do. Mar. 18,1931 Mar. 19,1931 ____do do Borrowed money Circula(bills Lawful tion out- Total depos- payable, redismoney standing its at date counts, deposited at date of failure of failure etc.) at date of failure $19,460 $121,516 95,500 12,500 94, 660 95,500 12,500 94, 660 1,048,155 615,068 269, 679 46, 280 46,280 98,800 29, 340 48,380 29,340 48, 380 741, 247 263,057 348, 777 348,047 421,017 $19,460 9,040 9,040 247, 682 672, 638 199,079 151,829 447, 841 1,957,808 242, 459 344, 486 752,806 50,808 849, 299 960, 388 566, 471 116, 565 378,320 18,700 34, 280 37,200 12,320 19,000 34, 280 37,200 12, 320 156, 056 1, 252, 541 730,005 25,000 90, 220 25,000 100,000 48,500 24,700 100,000 48,500 24,700 100,000 24,700 94,960 97,420 24,700 94,960 97,420 55,161 $185,134 8,705 716,994 839,497 24,191 33, 499 75,000 23,700 70,000 68,027 45,000 104,000 235,026 18,300 151,943 20,500 136,239 30,000 165,460 22,884 21, 625 279, 703 89, 308 55,005 49,500 16,897 47,728 24,015 13, 651 First & Farmers National Bank in Luverne, Minn American National Bank, Honey Grove, Tex.1 First National Bank, Portage, Pa First National Bank, Springfield, Minn. 1 Central National Bank, Ellsworth, Kans First National Bank, Eockwell, Iowa First National Bank, Worthington, W.Va National Bank of Norton, Norton, Va First National Bank, Oak Park, 111 Austin National Bank, Chicago, 111 First National Bank, Ivanhoe, Minn Orangeburg National Bank, Orangeburg,. S.C.1 First National Bank, Macedon, N.Y Woodiynn National Bank, Woodlynn, N.J First-Rempel National Bank, Logan, Ohio Second National Bank, Altoona, Pa Monongahela National Bank, Brownsville, Pa First National Bank, Richwood, Ohio 1 Citizens National Bank, Monessen, Pa. Noble County National Bank, Caldwell, Ohio * First National Bank, Masontown, Pa Central National Bank & Trust Co., St. Petersburg, Fla ' Merchants National Bank, Point Pleasant, W.Va.1—First National Bank, Waldron, Ark First National Bank, Langdon, N.Dak. 1 First National Bank, Brandt, S.Dak First National Bank, Millsboro, Pa First National Bank, Tracy, Minn Old National City Bank, Lima, Ohio1 First National Bank, Winnfield, La. National Bank of Kinston, Kinston, N.C First National Bank, Kinston, N . C First National Bank & Trust Co., Paris, IIU First National Bank, Pomeroy, Iowa First National Bank, Terra Bella, Calif Commercial National Bank, Essex, Iowa Farmers National Bank, Hickory, Pa Savona National Bank, Savona, N.Y Montgomery County National Bank, Cherryvale, Kans Security National Bank, Milford, Iowa Peoples National Bank, Shakopee, Minn First National Bank, Dawson, Minn Overbrook National Bank, Philadelphia, Pa First National Bank, Crary, N.Dak Albany Park National Bank & Trust Co., Chicago, IllFarmers National Bank, Pomeroy, Wash Citizens National Bank, Odessa, Tex First National Bank, Holton, Kans Iron National Bank, Ironwood, Mich « _. Footnotes at end of table, p. 229. 12634 13019 7367 8269 3447 10217 10450 9746 11507 10337 6467 10674 12494 12894 7649 2781 648 9199 11487 2102 5441 Jan. Dec. July Apr. Jan. June Apr. Apr. Oct. Feb. Sept. Dec. Dec. Feb. Jan. Aug. Dec. Jan. Oct. Mar. May 100,000 100,000 60,000 40,000 100,000 25, 000 30,000 50,000 100,000 250,000 25,000 200,000 25, 000 50,000 100,000 125, 000 100,000 40,000 100, 000 60,000 1 100,000 Mar. 23,1931 Mar. 25,1931 do Mar. 26,1931 Mar. 30,1931 do Mar. 31,1931 do Apr. 1,1931 Apr. 6,1931 Apr. 9,1931 do Apr. 10,1931 Apr. 11,1931 Apr. 16,1931 do .. do Apr. 17,1931 do Apr. 18,1931 do 5,750 3,000 156, 500 370, 667 44, 500 281, 600 340, 500 634, 560 100, 700 27,000 147,000 61,450 9,000 300,000 100, 000 25,000 50,000 25,000 25,000 50,000 300,000 25,000 120, 000 125,000 150,000 40,000 25,000 50,000 90,000 25,000 Apr. 21,1931 Apr. 22,1931 do Apr. 23,1931 Apr. 27,1931 Apr. 28,1931 Apr. 29,1931 do Apr. 30,1931 M a y 1,1931 do M a y 4,1931 M a y 5,1931 dodo M a y 6,1931 72,500 25,069 4,500 51,900 118, 500 52,500 105,000 5,000 130, 700 324, 700 96,000 50,000 50,000 25,000 30, 000 500,000 25,000 300, 000 50,000 50, 000 50,000 100,000 M a y 7,1931 M a y 11,1931 M a y 13,1931 M a y 14,1931 M a y 15,1931 M a y 18,1931 M a y 19,1931 do do M a y 23,1931 M a y 26,1931 27.1925 20.1926 18.1904 21.1906 13,1886 11,1912 14,19 3 25,1910 31,1919 7,1913 25,1902 24.1914 10,1923 15,1926 24.1905 19,1882 10.1864 24,1908 18,1919 18,1873 10.1900 100,000 100,000 25,000 25,000 50,000 25,000 30,000 25,000 100,000 100,000 25,000 100,000 25,000 25,000 50,000 100,000 200,000 25,000 100,000 60,000 25,000 7796 Apr. 18,1905 1504 July 18.1865 5849 May 17.1901 Sept. 28,1892 June 24,1916 7310 June 11,1904 4992 Feb. 21,1895 8701 Mar. 29.1907 10761 July 21.1915 9044 Feb. 14.1908 9085 Feb. 25,1908 3376 July 16,1885 6063 Dec. 10,1901 9889 Sept. 28,1910 5803 Apr. 22,1901 7405 Aug. 17,1904 11349 Apr. 23,1919 25,000 180,000 25,000 50,000 25,000 25,000 50,000 125,000 25,000 100,000 100,000 108,000 40,000 25,000 50,000 25,000 25,000 361,000 737,041 48,500 4749 9298 11685 6321 12573 6407 11737 11416 8169 3061 11469 50,000 25,000 25,000 30,000 300,000 M a y 21,1892 Nov. 27,1908 Apr. 12,1920 June 6,1902 July 1,1924 Aug. 20,1902 Apr. 13,1920 July 19,1919 Mar. 29,1906 Sept. 27,1883 Sept. 2,1919 25, 000 200,000 50,000 25, 000 50,000 100,000 5,000 100,4"5 28 250 349, 2oO 23, 250 30, 900 53, 250 1,000 166, 500 47 500 155,000 250 133,500 435,000 904, 500 58,250 39,000 124,500 55,000 55,000 708, 566 25,000 25,000 749,845 25,000 18, 270 29, 22G 50,000 25, 000 18, 270 29, 220 50, 000 24,700 25,000 24,700 25,000 958,087 177,137 156, 448 203, 502 395, 788 2,116,813 179, 615 25,000 25,000 47, 780 48,140 98,140 38,500 47, 780 48,140 98,140 38,500 98,800 98,800 263, 330 245, 354 769,937 2,158,821 4,454, 324 357, 035 1,631,948 2,602,558 18,750 18,750 187,347 25,000 25,000 150,000 150,000 80,421 88, 582 572, 642 2,148,083 24, 340 24,400 40,000 24, 580 50,000 24,635 10,000 24,340 24,400 40,000 24, 580 50,000 24, 635 10,000 714, 382 623, 322 601, 607 146, 212 116, 308 167, 634 537, 618 182,124 50,000 25,000 60,000 25,000 30,000 150,000 25, 000 200, 000 19,460 32,360 30,000 150,000 25,000 200,000 19,460 32, 360 100,000 100,000 159, 623 176,814 156, 926 212,097 2, 528, 547 66,109 1, 700, 609 132,744 424, 875 403,898 502,305 177,012 100, 000 57,500 20,700 148, 514 12, 000 33, 650 74, 245 508,107 48, 600 498, 800 25, 000 56, 427 110, 250 724, 809 66, 000 39, 500 102, 400 45, 945 285, 031 O 3 42, 532 84, 421 15,150 57, 886 19, 717 17,500 351, 426 1,450 180, 931 235, 938 16,020 14, 500 29, 625 15,000 6,602 68,327 34,853 37,804 29,657 753,847 14,665 515,600 91,750 54,968 63, 576 24,294 5 TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 8^1, 1983, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank First National Bank, Smithfield, Pa McCartney National Bank, Green Bay, Wis National Bank of Lynwood, Lynwood, Calif First National Bank, Prattville, Ala_ First National Bank, Fowler, Ind_, First National Bank, Irvona, Pa.__ Citizens National Bank, Warren, Pa. 1 First National Bank, Smithfield, Ohio Washington Park National Bank, Chicago, 111 Inland-Irving National Bank, Chicago, 111 First National Bank, Mountain Lake, Minn Commercial National Bank, Hattiesburg, Miss Farmers National Bank, Cross Plains, Tex Manufacturers National Bank & Trust Co., Rockford 111 . Mahaffey National Bank, Mahaffey, Pa First National Bank, St. Clair Shores, Mich Security National Bank, Rockford, 111 Peoples National Bank, Delmont, Pa First National Bank, Downers Grove, 111 First National Bank, Chillicothe, Mo Planters National Bank, Saluda, S.C Waukegan National Bank, Waukegan, 111 Bottineau National Bank, Bqttineau, N.Dak Kingwood National Bank, Kingwood, W.Va Merchants National Bank, Willow City, N.Dak Citizens National Bank, Jenkintown, Pa First National Bank, Watseka, 111 Peoples National Bank of Winston, Winston-Salem, N.C First National Bank, Morrisonville, 111 First National Bank, Elliott, Iowa First National Bank, Genoa, N.Y . First National Bank, Bagley, Iowa Charter no. Date Capital Total dividends paid during existence as a national banking association Failures Capital Receiver appointed 6642 4783 13135 9055 5430 11115 2226 501 3916 10179 9267 12478 Jan. June Oct. Feb. May Oct. Feb. June June Apr. Oct. Dec. Jan. 14.1903 30,1892 10,1927 24,1908 23,1900 12,1917 8,1875 24,1864 21,1888 18,1912 16,1908 26.1923 24,1907 $25,000 $101,250 50,000 1,036,584 50,000 50,000 91,750 25,000 151,850 25,000 27,000 50,000 431, 667 63,000 447, 575 50,000 1,098,942 100,000 313,250 25,000 35, 750 100,000 19,000 25,000 50,750 $75,000 500,000 50,000 50,000 75,000 25,000 125,000 100,000 600,000 525,000 25,000 100,000 25,000 M a y 27,1931 M a y 29,1931 do. June 1,1931 June 2,1931 do June 4,1931 June 5,1931 June 9,1931 do June 12,1931 ___.do June 13,1931 3952 7610 12661 11731 9996 9725 3686 10802 10355 7879 6332 7332 12530 1721 Nov. Dec. Feb. May Mar. Jan. Jan. Nov. Mar. Aug. July May Apr. Aug. 20,1888 27.1904 16,1925 3,1920 24,1911 31,1910 22,1887 11,1915 7,1913 4,1905 3,1902 3,1904 18.1924 27,1870 125,000 35,000 50,000 200,000 25,000 35,000 50,000 30,000 100,000 25,000 25,000 25,000 150,000 50,000 842, 470 111,000 16,500 70,000 27, 750 148,075 323,500 64,900 213,500 44, 250 39, 250 98,000 1,500 439, 764 500,000 50,000 50,000 200,000 25,000 100,000 100,000 100,000 250,000 25,000 25,000 25,000 150,000 50,000 June 16,1931 __-do June 17.1931 June 18,1931 .—_ do . June 19,1931 June 22,1931 do. .—- do June 23,1931 ____do June 27,1931 4292 6745 6857 9921 6995 Mar. Mar. June Jan. Oct. 24,1890 18,1903 15,1903 4,1911 5,1903 100,000 25,000 25.000 25,000 25,000 296, 500 65,855 90,750 23,000 62,500 150,000 do 50,000 do 50,000 25,000 July 2,1931 do 25,000 July 3,1931 Borrowed money (bills CirculaLawful tion out- Total depos- payable, redismoney standing its at date of failure counts, deposited at date of failure etc.) at date of failure $50,000 249,995 $50,000 249,995 12,500 14,520 5,960 96,220 12,500 14,520 5,960 96,220 500,000 296, 760 25,000 98,500 500,000 296,760 25,000 98,500 6,300 7,521,346 4,169,504 253,118 759,379 119,835 196,760 47, 420 30,000 197,060 9,760 35,000 196,760 47,420 30,000 197,060 9,760 35,000 98,800 250,000 7,000 250,000 7,000 24,400 94,120 24,400 94,120 4,237,013 574,955 676,110 1,908,707 313, 986 928,952 790,465 421.164 2,870,921 267.165 201,808 70,204 384, 791 288, 539 184,084 62,135 163,501 73,352 35,650 27,348 141,870 24,450 150,000 25,000 20,000 25,000 19,520 150,000 25,000 20,000 25,000 19,520 906,141 219,705 144,998 149, 455 128,868 236,123 43,224 6,752 23,118 24,404 June 29,1931 $448,347 2,089,423 197,992 315,870 296,451 248,004 $70,000 314,479 30,157 177,372 38,410 55,000 45,100 50,517 901,957 2,507 44,405 69,667 200,055 44,810 10,000 158,500 25,651 First National Bank, Blissfield, Mich First National Bank, Dearborn, Mich First National Bank, Royal Oak, Mich First National Bank, Beggs, Okla First National Bank, Federalsburg, Md First National Bank, Mechanicville, N.Y Boston National Bank, South Boston, Va Second National Bank, New Hampton, Iowa First National Bank, Scobey, Mont Will County National Bank, Joliet, 111 First National Bank, Stronghurst, 111* Floyd County National Bank, Floydada, Tex.i Walthill National Bank, Walthill, Nebr Third National Bank, New London, Ohio Greenville National Bank, Greenville, Mich First National Bank, Greensboro, Ala Steele County National Bank, Finley, N.Dak First National Bank, Terrell, Tex. 1 First National Bank, Beaverdale, Pa First National Bank, Ripley, N.Y Ocqnto National Bank, Oconto, Wis Union City National Bank, Union City, N.J National Bank of North Hudson at Union City, N . J . . First National Bank, Boyne City, Mich First National Bank, Ryder, N.Dak First National Bank, Plaza, N.Dak First National Bank, Van Hook, N.Dak First National Bank, Parshall, N.Dak First National Bank, Maryville, Mo Manufacturers National Bank, Mechanicville, N.Y._ Columbus National Bank, Columbus, Ohio 1 First National Bank, Polo, 111 First National Bank, Blythe, Calif First National Bank in Mount Vernon, S.Dak First National Bank, Colony, Kans National Bank of Monticello, Monticello, Ind. 1 First National Bank, Lehigh, Iowa First National Bank, Fairchild, Wis United States National Bank, Los Angeles, Calif First National Bank, Bancroft, Idaho First National Bank, Wauseon, Ohio Farmers National Bank, Bridgewater, S.Dak Peoples National Bank, Latrobe, Pa First National Bank, Sweet Springs, Mo Queensboro National Bank of the City of New York, New York, N.Y. Farmers National Bank, Fairfax, S.Dak Prineville National Bank, Prineville, Oreg First National Bank, Lyons, Ga First National Bank, Vidalia, Ga. First National Bank, Westbrook, Minn ___ Footnotes at end of table, p. 229. 11813 12989 12657 6868 10210 3171 8414 7607 10838 1882 5813 12692 9816 10101 11843 5693 13190 3816 11317 6386 3541 12749 9S67 9020 9214 9689 10966 11226 3268 5037 12350 13497 13282 11531 12952 5868 7264 7632 11183 7091 7426 5744 11372 12398 Aug. 3,1920 Aug. 17,1926 Feb. 26,1925 June 22,1903 May 24,1912 Mar. 6,1884 Oct. 10,1906 Jan. 3,1905 Mar. 25.1916 Aug. 4,1871 Apr. 27,1901 Apr. 18,1925 June 25.1910 Sept. 29.1911 Sept. 11,1920 Jan. 15,1901 Mar. 3.1928 Oct. 26,1887 Mar. 1,1919 Aug. 9,1902 July 15,1886 May 22.1925 Sept. 19,1910 Jan. 15,1908 Apr. 22,1908 Feb. 11,1910 Mar. 15.1917 July 25.1918 Aug. 28,1884 Feb. 1,1896 Apr. 2,1923 Oct. 11,1930 Jan. 17.1917 Feb. 8.1929 Nov. 7,1919 June 14.1926 June 15,1901 May 9,1904 Feb. 11,1905 Apr. 15.1918 Oct. 22.1903 Sept. 28.1904 Jan. 14,1901 May 31.1919 June 11,1923 13302 12655 7979 9879 6412 Mar. Feb. Aug. June July 10944 9,1929 27,1925 30,1905 21,1910 15,1902 60,000 150, 000 100, 000 25,000 25,000 50, 000 50,000 50,000 25,000 100,000 25,000 50,000 25,000 50,000 50,000 25, 000 25, 000 50,000 50,000 25,000 50,000 100,000 100,000 50,000 25,000 25,000 25,000 25,000 100,000 60,000 500,000 50,000 25,000 25,000 25, 000 40,000 25,000 25, 000 200, 000 25,000 25, 000 25, 000 100, 000 50, 000 200, 000 25,000 50,000 25,000 35, 000 25, 000 43,200 9,000 52,000 60,000 do 150, 000 do 150,000 do 25,000 July 9,1931 25,000 do 50,000 do 200,000 July 10,1931 100,000 July 14,1931 30,000 do -.200,000 July 15,1931 75,000 July 17,1931 50,000 do 25,000 July 20,1931 50,000 do 50, 000 July 21,1931 100,000 .. _ do 25, 000 July 27,1931 200,000 do 50, 000 July 28,1931 25, 000 July 30,1931 60,000 Aug. 3,1931 300, 000 Aug. 6,1931 600,000 50, 000 Aug. 7,1931 25,000 Aug. 8,1931 do . _._ 25,000 25,000 25,000 do 100, 000 Aug. 10,1931 100,000 do 500, 000 Aug. 11,1931 50,000 Aug. 12,1931 50,000 do -25,000 ... do 25, 000 Aug. 14,1931 40, 000 Aug. 15,1931 25,000 Aug. 17,1931 25, 000 Am?. 18,1931 1, 000, 000 'do 25,000 Aug. 20,1931 50, 000 Aue. 22,1931 25, 000 Aug. 24,1931 200, 000 do 50, 000 do 200, 000 Aug. 26,1931 38, 500 63,000 64,250 25, 000 50,000 Sept. 1,1931 25, 000 Sept. 3,1931 do 35, 000 30,000 Sept. 4,1931 40, 500 12, 750 170, 500 159, 500 246, 250 20,150 793,000 40,600 31,000 19, 500 52,000 28,000 263,000 792, 500 39,000 79,000 197,700 500, 700 37,500 46,250 42, 500 7,500 2,500 582,074 273,600 17, 750 2,500 12, 000 37, 350 34,500 740,000 10, 500 104,750 55,000 211,000 58,380 48,200 47, 360 24, 280 25,000 48, 500 189, 440 100,000 30,000 198, 500 58,380 48,200 47,360 24, 280 25,000 48, 500 194,120 100,000 30,000 198,500 593,860 604,702 743,053 134, 380 234, 375 1, 299, 051 685, 845 684, 980 178, 931 2, 662, 267 24,820 50,000 50,000 38, 240 24,820 50,000 50,000 3S, 240 281,128 72, 312 422, 998 237, 026 168, 085 112, 465 48, 320 25, 000 44,700 48, 320 25, 000 59,460 140,000 50, 000 24, 280 20. 000 25, 000 9,760 96, 040 100,000 140,000 50,000 24, 280 20,000 25,000 9,760 96,040 100,000 503, 293 522, 701 612, 430 934, 493 8,128,016 463,883 87,152 128,328 178, 946 119,666 497, 746 2,840,127 25, 000 25,000 434,178 175, 767 124, 769 83,147 20, 000 10, 000 20, 000 10,000 50,000 6, 500 98, 495 50, 000 6,500 98, 495 24, 640 24, 640 25, 000 34,860 25,000 25,000 34,860 25, 000 97,986 75,660 35, 576 5,671 24,997 325, 760 81, 329 214,000 80, 095 73, 538 17, 540 20, 328 31,850 157, 384 72,968 50, 449 42,000 44, 362 94,318 20,000 620,000 48,025 50, 226 55, 528 48,775 51,826 275,000 500,000 29,837 201, 543 40,806 43,125 17, 299 245, 796 14,000 245, 796 130, 412 7, 798, 942 57, 603 551, 688 247, 707 2, 477,973 103, 765 1,982, 752 20, 565 52,100 22, 957 145,000 10,500 300,000 120,105 81, 599 106, 533 236,354 316, 254 42,899 28,615 48, 501 99,903 42,770 TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers, to capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money i—i. deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. o Organization Name and location of bank First National Bank, El Paso, Tex First National Bank, Coin, Iowa First National Bank, Randolph, Iowa First National Bank at Smithfield, Ohio National Bank of Defiance, Defiance, Ohio Security National Bank, Mobridge, S.Dak First National Bank in Alexandria, S.Dak First National Bank, Eudora, Ark First National Bank, Mora, Minn Plainview National Bank, Plainview, Tex Limon National Bank, Limon, Colo First National Bank, Merrill, Iowa Rockaway Beach National Bank, New York, N.Y__. Labor National Bank of Montana at Three Forks, Mont Bank of Pittsburgh National Association, Pittsburgh Pa ' Peoples National Bank, Salem, N.Y Farmers National Bank, Trafalgar, Ind Inkster National Bank, Inkster, Mich Rogers Park National Bank, Chicago, 111 First National Bank, Lynchburg, Ohio Commercial National Bank & Trust Co., St. Joseph, Mich First National Bank, Hankinson, N.Dak First National Bank, Midland City, Ala Alderson National Bank, Alderson, W.Va Highland National Bank, Pittsburgh, Pa First National Bank, Viborg, S.Dak Ogden National Bank, Chicago, 111 First National Bank, Fort Mill, S.C Farmers National Bank, New Bedford, 111 „._. First National Bank, Bode, Iowa First National Bank, Sisseton, S.Dak Charter no. Date May June June Jan. Apr. Dec. Oct. Aug. May June Feb. Aug. 12252 June 2532 7309 7833 13171 13457 11590 12611 12813 7292 9802 11619 25,1881 3,19u4 27,1905 17,1928 16,1930 5,1919 18.1924 15.1925 18,1904 15,1910 10,1920 3,1916 21,1922 12361 Mar. 28,1923 Capital Total dividends paid during existence as a national banking association Failures Capital Receiver appointed $50,000 $2,614,000 $1,000,000 Sept. 4,1931 $700,000 $700,000 50,000 Sept. 8,1931 10,000 25,000 10,000 80,259 45,000 25,000 24,640 91,750 24,640 do 50,000 Sept. 10,1931 50,000 49,700 49,700 150,000 150,000 150,000 150,000 do. 50,000 Sept. 11,1931 50,000 25,000 15,000 25,000 50,000 50,000 4,000 do 40,000 Sept. 12,1931 40,000 20,000 20,000 10,400 25,000 Sept. 14,1931 25,000 25,000 84,750 25,000 100,000 125,000 Sept. 16,1931 92,240 30,000 30,000 do. 40,000 40,000 Sept. 18,1931 61,000 200,000 Sept. 19,1931 40,000 200,000 25,000 3,750 25,000 do 5225 3245 7491 12878 10305 11772 Oct. June Sept. Dec. Dec. June 3,1899 1,200,000 11,520,000 3,000,000 Sept 21,1931 50,000 40,000 Sept. 23,1931 21,1884 143,450 25,000 25,000 27,1904 40,000 do 25,000 25,000 16,1925 do 50,000 100,000 Sept. 24,1931 16,1912 161,500 50,000 50,000 Sept. 28,1931 11,1920 1,000 5594 6218 8458 9523 12414 Sept. Mar. Nov. July July Dec. Nov. Feb. Oct. Mar. May 15,1900 14,1902 27,1906 19,1909 16,1923 6,1915 24,1923 21,1911 6,1917 29,1913 22,1900 12480 9941 11088 10371 5428 Borrowed money (bills CirculaLawful tion out- Total depos- payable, redismoney- standing its at date counts, deposited at date of failure etc.) at of failure date of failure 50,000 30,000 25,000 25,000 200,000 40,000 200,000 25,000 25,000 25,000 25,000 210,500 88,800 89, 537 40,750 123,000 35, 500 67,000 53,800 13, 250 12, 750 150,900 200,000 30,000 35,000 25,000 200,000 40,000 200,000 40,000 25,000 25,000 75,000 do ....do .____do do. ..—do. Oct. 1,1931 do. __._do_ .....do ....do .—.do- 34,220 6,070 34,220 6,070 50,000 30,000 50,000 30,000 147,360 30,000 34,095 12,137 196,820 147,360 30,000 34,095 12,137 196,820 40,000 40,000 6,250 64,635 6,250 54,635 $7, 623,905 98, 743 59,025 274,677 1,164,512 111, 174 389,434 163,379 333,809 1,671,786 57,987 202,458 1,757,118 18,356 11,475 38,000 165,225 67,868 40,401 68,710 14,900 189,786 60,643 12,938 402,500 136,077 17,070 43,611,807 524,655 84,135 247,338 893,508 186,811 7,647,325 2,720,900 123,704 45,452 476,530 4,007,474 292, 267 468,397 214,181 90,100 87,412 254,782 388,700 32,077 91,510 25,000 50,000 50,319 108,121 83,015 7,000 8,287 64,242 17,936 328,178 40,132 First National Bank, Hagerstown, Md First National Bank, Reed City, Mich Peoples National Bank, Pulaski, N.Y First National Bank, Unionville, N.Y First National Bank, Orbisonia, Pa First National Bank, Kewanee, 111 Security National Bank, Bowie, Tex National City Bank, Ottawa, 111 First National Bank, Elba. Ala First National Bank, Smithville, Tex Calumet National Bank, Chicago, 111 First National Bank, Col ville, Wash Peoples National Bank, Point Marion, Pa Planters & Merchants First National Bank, South Boston, Va First National Bank, Carterville, 111 National Bank of Fayette County, Uniontown, Pa First National Bank, Carey, Ohio Moshannon National Bank, Philipsburg, Pa National Mohawk Valley Bank, Mohawk, N.Y Farmers National Bank, Leechburg, Pa Maine Line National Bank, Wayne, Pa First National Bank, Hastings, Nebr First National Bank, Belington, W.Va First National Bank, Fairview, W.Va First National Bank, Deer Trail, Colo First National Bank, Fort Stockton, Tex First National Bank, Chase City, Va First National Bank, Pollock, S.Dak Citizens National Bank, Vandergrift, Pa First National Bank, Auburn, Nebr Farmers & Merchants National Bank, Webster, S.Dak. Houston National Bank, Dothan, Ala First National Bank, Stewartville, Minn National Bank of Sidney, Sidney, Iowa Gary National Bank, Gary, W.Va First National Bank, Anawalt, W.Va First National Bank, Bishop, Tex First National Bank, Mathis, Tex First National Bank, Yuma, Colo First National Bank, Brunswick, Mo First National Bank, Isanti, Minn First National Bank in Versailles, Mo West Side Atlas National Bank, Chicago, 111 First National Bank, Elizabethton, Tenn Westmont National Bank, Westmont, N.J First National Bank, Roxboro, N.C First National Bank, Erie, 111 Belvidere National Bank, Belvidere, N.J Lyon County National Bank, Rock Rapids, Iowa Footnotes at end of table, p. 229. 1431 4413 10788 11448 8985 1785 12731 1465 6897 7041 3102 8104 9503 May Aug. Sept. July Jan. Nov. Jan. June July Nov. Dec. Feb. June 2,1865 26,1890 6,1915 26,1919 8643 7889 681 6119 5066 1130 9290 12504 2528 6619 10219 11574 9848 9291 11237 7816 3343 8559 7932 5330 5145 13505 10392 12612 11838 10093 4083 10554 13367 11009 9558 12519 11211 6951 1096 7089 Mar. Aug. Dec. Jan. May Apr. Sept. Jan. May Feb. June Dec. Aug. June Aug. May May Oct. Sept. Apr. Sept. Dec. May Dec. Aug. Sept. July June Aug. May Aug. Mar. July July Apr. Dec. 15.1907 10,1905 19,1864 23,1902 3.1897 3,1865 14.1908 22,1924 23,1881 4,1903 8.1912 27.1919 12.1910 23,1908 27,1918 22.1905 12,1885 27.1906 22,1905 11,1900 3.1898 3,1930 2.1913 10,1924 20.1920 2,1911 2,1908 23,1870 28,1925 26,1865 20,1903 11,1903 20,1883 3,1906 18.1909 1,1914 5,1929 5,1917 31,1909 11,1924 10,1918 28,1903 10,1865 15,1903 69,070 50,000 50,000 30,000 25,000 75,000 100,000 100,000 50,000 25,000 50,000 25,000 50,000 100,000 50,000 65,000 50,000 50,000 150,000 50,000 50,000 60,000 30,000 30,000 25,000 25,000 50,000 25,000 50,000 50,000 25,000 50,000 25,000 60,000 100,000 959,000 308, 732 33,500 11,700 65, 250 633, 625 71,000 910, 500 196,250 105, 250 593,500 83,700 36,000 237, 750 83,000 1, 663, 900 54,000 417,000 555, 750 72,000 3,125 1,447,240 57,600 28,500 3,750 11,000 179,000 4,250 167, 500 276,000 44,000 272,000 130, 500 181,100 91,000 25, 000 9,000 25,000 25,000 3,750 25,000 79,800 88, 250 50,000 25,000 25,750 30, 000 200,000 168,000 25,000 114,750 25,000 3,750 50,000 76,100 25,000 180, 500 200,000 1,459,000 75,000 224,000 150,000 Oct. 5,1931 148,080 do 50,000 100,000 do 50,000 30,000 28,740 do 50,000 do 125,000 Oct. 6,1931 74,280 50,000 do 200,000 do _ 100,000 ____ do . 50,000 Oct. 7,1931 23,320 400,000 do 99,520 60,000 Oct. 8,1931 58,140 50,000 ._._ do '__ 49,400 148,080 50,000 125,000 50,000 500,000 25,000 150, 000 100,000 50,000 50,000 200,000 40,000 30,000 25,000 50,000 100,000 25,000 125,000 50,000 50,000 150, 000 50,000 60,000 100,000 50, 000 25,000 25,000 40,000 50,000 25,000 30,000 200,000 75,000 25,000 150,000 40,000 100,000 75,000 97,120 50,000 200,000 24,460 148, 320 96,940 48,800 97,120 50,000 200,000 24,460 148,320 96,940 48,800 147,900 39,340 29,460 147,900 39,340 29,460 24, 340 50,000 24,340 50,000 26,960 49, 338 49, 040 122, 737 24, 640 60,000 47,180 24, 640 26,960 49,338 49,040 122, 737 24, 640 60,000 47,180 24,640 24,700 12,500 24,700 30,000 196,820 50,000 24,700 12,500 24,700 30,000 196, 820 50,000 38,920 38,920 74,280 74,280 Oct. Oct. _„ 10,1931 do 12,1931 do do do do ._ 74,280 2,317,176 1,184, 725 648,207 644,766 477,839 1,219,269 23,320 99,520 58,140 49,400 141,119 1,025,009 167,137 238,999 2,299,269 651,861 373,559 28,740 do Oct. 13,1931 __. do . do do . do do do „ do Oct. do. 15,1931 do do do . do do do do,,._ . Oct. 16,1931 do do do do Oct. 19,1931 do do _ do ._ .,._ do_ Oct. 20,1931 __ 1,366,935 287,441 8,931,863 194,857 1,351, 249 902, 789 584, 676 641,322 1,563,970 333,548 285,431 45,417 397, 674 468,100 116,184 1,239,841 239,051 520, 567 501,020 470, 719 187,069 560, 275 192,873 116,908 79,941 114,791 209, 239 200,036 228,482 1,350,284 1,061,410 367,017 265,371 516,122 1,841,833 1,065,798 451,318 68,482 112,000 19,000 228,538 87,033 120,094 161,226 10,000 482,691 80,918 44,650 344,299 62,000 1,107, 500 10,000 95, 750 174, 828 19, 525 149,484 456,823 37, 246 10,000 21,700 50,300 179, 528 42,300 114,871 76,902 209,895 10,000 44,370 105,865 3,700 19,183 37,449 82,276 36,041 24,850 434,733 211,774 13,455 236,985 45,845 60,000 70,000 to TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1933, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank First National Bank, Cowen, W.Va First National Bank, Terra Alta, W.Va.2 First National Bank, Lake City, Iowa First National Bank, Turkey, Tex First National Bank, Baldwin Park, Calif First National Bank, Doon, Iowa First National Bank, Blockton, Iowa City National Bank, Herrin, 111 Citizens National Bank, Prosperity, S.C First National Bank, Newark, N.Y First National Bank, Dexter, Mo Exchange National Bank, Pittsburgh, Pa Citizens National Bank, Kokomo, Ind Commercial National Bank, Eufaula, Ala First National Bank, Graceville, Fla Wilcox National Bank, Wilcox, Pa City National Bank, Paducah, Ky First National Bank, Cardington, Ohio Peoples National Bank, Blairstown, N.J First National Bank, North Rose, N.Y National Bank of Albion, Albion, 111 Monongahela National Bank, Pittsburgh, Pa2 Traders National Bank, Buckhannon, W.Va. First National Bank, New Windsor, Md Citizens National Bank, Philippi, W- V a First National Bank, Buchanan, Mich First National Bank, Newburg, W.Va First National Bank, Sycamore, 111 Security National Bank, Paducah, Tex__ Citizens National Bank, Seward, Pa Hutchings First National Bank, Siloam Springs, Ark First National Bank, Alliance, Nebr First National Bank, Somerfield, Pa Citizens National Bank, Sedalia, Mo Charter no. 10559 6999 4966 11138 10685 6764 8211 8670 12774 349 11320 1057 4121 5024 7423 12933 2093 127 9833 10016 13449 3874 4760 747 6377 3925 7626 1896 12748 13011 13506 4226 8901 1971 Date Total dividends paid during existence as a Capital national banking association Failures Capital Receiver appointed May 19,1914 $25,000 $25,000 Oct. 20,1931 Aug. 4,1903 25,000 25,000 $59,250 do June 21,1894 50,000 50,000 Oct. 22,1931 147,875 Jan. 16,1918 25,000 25,000 19.955 do Dec. 30,1914 25,000 35,000 44,800 do Apr. 15,1903 25,000 50,000 102,250 do May 3,1906 25,000 25,000 86,261 Apr. 24,1907 50,000 50,000 75,500 do May 29,1925 50,000 50,000 — d o 12,000 Mar. 2,1864 50,000 594,000 150,000 Oct. 23,1931 Mar. 7,1919 50,000 50,000 40,000 do Apr. 8,1865 1,000,000 6,643, 250 750,000 do Feb. 22,1889 100,000 350,000 897,825 do. Sept. 3,1895 70,000 422,800 150,000 Oct. 27,1931 Sept. 26,1904 25,000 73,625 35,000 .do. May 24,1926 25,000 25,000 do Jan. 14,1873 200,000 1,299,382 300,000 Oct. 28,1931 Oct. 15,1863 50,000 60,000 Oct. 29,1931 432,400 July 2,1910 50,000 50,000 _—do 40,500 Apr. 7,1911 25,000 50,000 45,000 do Apr. 4,1930 50,000 50,000 .... -do 2,000 Apr. 9,1888 250,000 4, 250,000 1,000,000 -—do _. Apr. 14,1892 50,000 50,000 188, 500 do Dec. 24,1864 77,000 .—do. 55,000 365, 235 June 26,1902 50,000 Oct. 30,1931 40,000 136,350 Sept. 10,1888 50,000 50, 000 201,000 do Jan. 23,1925 25,000 25,000 42,000 do Sept. 15,1871 50,000 628,909 175,000 Oct. 31,1931 May 8,1925 50,000 50,000 Nov. 2,1931 22,500 Oct. 18,1926 25,000 25,000 do 2,500 Nov. 29,1930 50,000 50,000 do. Dec. 19,1889 50,000 100,000 Nov. 3,1931 502,000 Aug. 10,1907 25,000 25,000 Nov. 5,1931 39,750 Aug. 9,1872 759,000 100,000 Nov. 6,1931 100,000 Borrowed money Circula(bills Lawful tion out- Total depos- payable, money standing its at date redisdeposited at date of failure counts, of failure etc.) at date of failure $89,084 $48,800 $48,800 49,995 6,250 49,280 49,995 6,250 49,280 145,920 50,000 742,980 145,920 50,000 742,980 98,320 34, 340 20,000 300,000 50,000 25,000 98,320 34, 340 20,000 300,000 60,000 48,020 25,000 53,440 39,400 48, 740 24,460 175, 000 53,440 39,400 48,740 24,460 175,000 17,960 49,158 24,160 98,258 17,960 49,158 24,160 98,258 $5,650 321,573 16,707 41,461 93,718 231,514 29,247 152,699 26,038 118,042 13,009 7Xh721 94,350 167,497 36,926 2,060, 550 150,000 294, 215 55,500 4, 264,123 1,697,301 2,966,246 263,858 139,309 58,672 148,401 10,169 243, 669 4,487,975 1,022,100 207,666 5,606 399,048 421,713 69,000 560,349 116,500 8,857,684 4, 784,500 465,232 651,330 499,875 1, 387,452 386,856 70,141 364,474 1,623,327 210, 795 1,925,817 12,490 134,484 55,000 5,000 104,891 123,821 20,000 125,400 579,106 15,200 93,200 to to First National Bank, Hoquiam, Wasn First National Bank, St. Thomas, N . D a k . _ — . . . . . . _ . First National Bank, Buena Vista, C o l o . - . ^ - . _ , . . . . . . First National Bank, Blytheville, A r k . _ — . _ . . ^ __„._. First National Bank, Belle Fourche, S.Dak ___. First National Bank & Trust Co., Monessen, Pa First National Bank, Logansport, Ind City National Bank & Trust Co., Corpus Christi, Tex_. Farmers & Miners National Bank, Bentleyville, Pa. 2 .. First National Bank, Sea Isle City, N . J . Second National Bank, Morgantown, W.Va Phoenix National Bank, Columbia, T e n n , . . . . . . . First National Bank, Pharr, T e x . First National Bank, Marceline, M o . First National Bank, Noble, 111 American National Bank, Dayton, Tenn First National Bank of Custer City, Custer, S.Dak_... First National Bank, Steamboat Springs* Colo First National Bank, Frederic, Wis First National Bank, Tilden, Nebr_. First National Bank, Laredo, Tex. 1 . Second National Bank, Brownsville, Pa. 1 —. First National Bank, Houtzdale, P a . First National Bank, Corinth, M i s s . Second National Bank in Youngstown, O h i o l Norfolk National Bank, Norfolk, Nebr First National Bank, Brighton, Colo First National Bank & Trust Co., Woodbridge, N . J . . . First National Bank, Zillah, Wash First National Bank, Stanford, M o n t Twin Falls National, Twin Falls, I d a h o . . . Hopewell National Bank, Hopewell, Pa First National Bank in Gulfport, Miss First National Bank, West Frankfort, 111 First National Bank, Christopher, 111 Ithaca National Bank, Ithaca, Mich Citizens National Bank & Trust Co., Terre Haute, Ind_ First National Bank, Glen Campbell, P a Peoples National Bank, Lodi, Ohio Citizens National Bank, Ellwood City, P a First National Bank, Geneva, O h i o . . . First National Bank, Washington, N . C First National Bank, Chaffee, M o Nogales National Bank, Nogales, Ariz First National Bank in Aberdeen, Wash First National Bank, T w i n Falls, Idaho West Point National Bank, West Point, Nebr First National Bank, Dougherty, Iowa First National Bank, Sweetwater, Tex__.._. First National Bank, Muffins, S.C Federal National Bank, Boston, Mass fc Footnotes at end of table, p. 229. 4427 4550 8735 11651 6561 5253 3084 7668 9058 12279 2458 7870 10169 7066 9527 7579 4448 6454 8491 9217 2486 2673 12332 3347 7577 8299 9576 10625 11274 9638 13553 7673 8260 6485 13224 5204 10677 11570 163 4997 9928 11012 11751 7608 3340 5576 5781 9876 12336 300,000 Sept. 22,1890 50,000 1,244,000 25,000 Mar. 7,1891 50, 000 49,000 25,000 May 13.1907 25, 000 45,250 100,000 Mar. 12,1920 100,000 91,000 25,000 Dec. 8,1902 25,000 50,000 160,000 Dec. 14,1899 50,000 236,900 250,000 Oct. 3,1883 230,000 855,200 200,000 Mar. 18.1905 50,000 261,350 100,000 Jan. 5.1907 50,000 143,000 26.1922 50,000 Oct. 25,000 20,500 100,000 Feb. 11,1880 60,000 405, 500 200,000 Aug. 8,1905 200,000 431,500 50,000 Mar. 21,1912 25,000 17,500 Nov. 19,1903 25,000 25,000 143,750 25,000 July 19,1909 25,000 17,875 Jan. 8,1901 25,000 25,000 180,000 Sept. 27,1890 25,000 50,000 27,500 25,000 Sept. 12.1902 25,000 39,750 25,000 Dec. 10.1906 25, 000 46,250 50,000 Aug. 3.1908 50,000 112,250 250,000 June 26,1880 100,000 493, 770 125,000 Apr. 11,1882 56,000 379,675 Mar. 21.1903 125,000 50,000 329, 500 100,000 Feb. 27.1908 100,000 206,000 200, 000 Feb. 28.1923 200,000 54,000 100,000 May 13,1885 60,000 406,000 40,000 Dec. 31.1904 25,000 125,250 150,000 June 12,1906 25,000 93,097 25,000 Sept. 30.1909 25, 000 56,000 Aug. 18,1914 35,000 35,000 37,100 150,000 Oct. 28,1918 150,000 4,500 Oct. 13,1909 25,000 25,000 25,250 June 5,1931 400,000 400,000 Feb. 28.1905 25,000 25,000 98,000 May 12.1906 60,000 25,000 196,296 Oct. 10,1902 25,000 25,000 57,100 July 24,1928 200,000 200, 000 30,000 Apr. 100,000 50,000 247,000 50, 000 Nov. 12,1914 50, 000 43, 500 100,000 Dec. 19.1919 100,000 59,000 June 6,1863 50,000 60,000 229,000 Apr. 11,1895 100, 000 50,000 269, 500 Jan. 19,1911 50,000 25, 000 80,250 May 15,1917 50,000 50,000 47,000 May 22.1920 100,000 150, 000 54,500 Jan. 14,1905 100, 000 25,000 241,000 May 9,1885 50, 000 50,000 293,000 July 30.1900 25,000 25,000 45, 750 Apr. 11.1901 100, 000 25, 000 168, 250 Sept. 19,1910 50,000 25,000 40,000 Mar. 19,1923 1,500,000 410,081 2,005,585 do ..—do ... do .do. do. do.. Nov. 11,1931 do _do.. .....do 294,000 25,000 9,520 294,000 25,000 9,520 5,320 143,760 6,320 143, 760 246,340 230,440 246, 340 230,440 !.—doIIIIII" 10,000 24, 700 20,000 110, 520 23, 380 77, im 120, 560 24,160 14,820 24,700 23,920 10,000 24, 700 20,000 110,520 do —. Dec. 2,1931 12, 700 33,980 38, 720 100, 000 24, 220 100, 000 6,250 12,700 33,980 38, 720 100,000 24, 220 100,000 6,250 49, 280 17, 500 246,100 24, 998 58, 200 25,000 49, 280 17, 500 246,100 24,998 58, 200 25,000 .—do ..—do 98, 620 36, 600 93,160 48, 680 97, 660 39,040 48, 860 97,660 98, 620 36, 600 93,160 48, 680 97,660 39,040 48,800 97,660 Dec. 12,1931 Dec. 14,1931 d 49,998 12, 500 49,998 12,500 —do .do. Nov. 12,1931 Nov. 13,1931 Nov. 14,1931 do Nov. 17,1931 .—.do Nov. 30,1931 ._—do_ -~—do—1~— do Dec. 3,1931 do. Dec. 7,1931 do do do do Dec. 8,1931 .—do Dec. 9,1931 Dec. 11,1931 .do. 23,380 77, 780 120, 560 24,160 14, 820 24,700 23,920 .—.do.24,400 24,400 do Dec. 15,1931 1,500,000 1,500,000 1,800,002 174,052 98,048 166,331 503, 421 2,401,668 4,901, 206 1, 272,890 280,248 1,944, 326 483,137 161, 265 248,829 151,763 456,719 155, 284 431, 589 247,094 181,547 65,889 1, 005,048 970,948 856, 635 232,031 1, 543,721 193, 750 101,031 241, 348 222,415 3, 050,178 965, 518 841, 288 521,939 1,146, 413 597,358 491,828 255, 718 410, 584 1,452, 512 907,985 646, 287 190,940 588,864 177,284 24,452,825 31, 592 29,000 26,684 167,40S 87,980 407,638 52,183 446,876 198, 776 35,008 29,500 34,100 139, 560 10,944 44,302 73,635 24,465 160,000 130,104 150,000 299,058 202,835 42,798 50,000 200,000 35,055 56,032 "484,113 40,000 46,500 92, 377 62, 058 68,834 54,130 76,000 263,061 15,100 84, 507 133, 656 131,953 268,093 38,473 104,137 1,665,386 TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 31, 1938, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank F'rst National Bank, Starkweather, N . D a k First National Bank, Momence, 111 First National Bank, Warsaw, N . C Painted Post National Bank, Painted Post, N . Y A . _ Gillespie National Bank, Gillespie, 111 First National Bank, Mound City, 111 First National Bank, E l Paso, 111 Commercial National Bank, Raleigh, N . C First National Bank, Victorville, Calif „ First National Bank, Chardon, Ohio l Macksburg National Bank, Macksburg, Iowa 1 Citizens National Bank, Wisconsin Rapids, Wis. 1 Boston-Continental National Bank, Boston, Mass First National Bank, Louisburg, N . C First National Bank, Brushton, N . Y First National Bank, Venice, Calif First National Bank, Idaho Springs, Colo State National Bank in Lynn, Mass First National Bank, Kingston, Tenn First National Bank, Burlington, N . C Marion National Bank, Marion, Ohio First National Bank, Kelso, Wash American National Bank & Trust Co., Benton Harbor, Mich First National Bank, Fredericktown, Ohio First National Bank, White House Station, N . J First National Bank, Middleport, N . Y First National Bank, Gasport, N . Y National Bank of Seymour, Seymour, Iowa Farmers & Merchants National Bank, Roseville, Iil.L Itasca National Bank, Itasca, Tex__ .fr'irst National Bank, Cambridge, 111.1 Creighton National Bank, Creighton, Nebr Charter no. Date Capital $25, 000 50,000 50,000 25,000 50,000 25,000 50,000 100, 000 25,000 50,000 25,000 100,000 8639 May Dec. June Feb. July Sept. July Feb. May Dec. May Dec. Dec. Jan. Oct. Jan. May Apr. Nov. Apr. June Feb. 19,1902 14,1903 21,1920 17,1921 24,1905 15,1904 9,1883 15,1908 1,1917 14,1891 13,1902 30,1912 21,1920 6,1905 20,1909 3,1912 19,1883 16,1923 28,1922 5,1907 12,1902 1,1907 200,000 25,000 25,000 50,000 50,000 200,000 25,000 50,000 200,000 25,000 10143 5640 9061 9206 10623 13495 12926 5749 2540 8797 Feb. Nov. Dec. July Sept. Sept. Apr. Mar. June June 5,1912 22.1900 23.1907 14.1908 19,1914 2,1930 23,1926 15.1901 17,1881 27,1907 100,000 25,000 20,000 2o 000 25,000 25 000 50,000 30,000 .50,000 25,000 6397 7079 11767 11956 7903 7443 2997 9067 11005 4671 6852 10330 11903 7554 9643 10233 2962 12362 12319 Total dividends paid during existence as a national banking association Failures Capital siver appointed $48,000 $25,000 Dec. 17,1931 106,500 50,000 do 16, 500 50,000 13.500 25,000 —do 102,000 75,000 Dec. 19,1931 do. 49,000 25,000 319, 250 100,000 Dec. 21,1931 770,000 600,000 do 14, 750 25,000 do. 100,000 Dec. 22,1931 205,000 25,000 .—do 19,000 92,500 100,000 ..._do 152, 750 1,000,000 —do 62,500 50,000 do 25,000 Dec. 23,1931 33,750 7,359 50,000 — . d o 292, 500 50,000 —do. 65,000 200,000 —do 7,500 25,000 Dec. 24,1931 131,650 100,000 — d o 408,000 200,000 —.do 100,000 Dec. 29,1931 122,000 339,000 23,750 56,100 70,000 31, 250 5,000 155,400 247.145 24,750 200,000 25,000 30,000 25,000 25,000 25,000 50,000 60,000 50,000 25,000 —do Dec. 30,1931 —do —do do. do. Dec. 31,1931 Jan. 2,1932 Jan. 8,1932 Jan. 9,1932 Borrowed money Circula(bills Lawful tion out- Total depos- payable, money standing its at date redisof failure deposited at date counts, of failure etc.) at date of failure $5,000 24,760 $6,500 24,760 $54,443 489,703 34,047 $20,041 55,000 12,519 75,000 10,000 75,000 10,000 171,000 24,640 171,000 24,640 1,130,403 121,418 304,966 3,653,385 236,213 82,240 894,520 49,460 23,620 15,000 82,240 894, 520 49,460 23,620 15,000 181,817 19,840 45,014 1,098,741 45,155 50,000 19,099 100,000 1,145,060 12,080 57,780 196,100 24,280 12,500 57, 780 196,100 24,280 197,420 25,000 14,700 24,520 24, 640 197,420 25,000 14,700 24,520 24,640 59,100 59,100 ~~6~Q70 5,489,940 228, 621 792,437 223,113 137,336 2,061,948 67,022 1,919,523 1,009, 200 432,657 1,692,239 173,275 630,864 379,498 150,444 152,991 138,533 "l05,"405" 20,000 28,000 44,700 122,336 16,056 96,000 311,773 14,000 420,500 21,730 44,000 138,500 82, 735 10,350 99,000 56,776 196,991 42,888 fcO First National Bank, Lost Nation, Iowa Farmers & Merchants National Bank, Enterprise, AlaFirst National Bank, Farmer, S.Dak Walnut Park National Bank, Walnut Park, Calif National Bank of La Grange, La Grange, N.C National Bank of Snow Hill, Snow Hill, N.C First National Bank in Florence, S.C „_. Peoples National Bank, Burgettstown, Pa Vandeventer National Bank, St. Louis, Mo Bishopville National Bank, Bishopville, S.C First National Bank, Yorba Linda, Calif First National Bank, Ozark, Ark Hammond National Bank & Trust Co., Hammond, Ind First National Bank in Decatur, Ala First National Bank in Hazard, Ky Farmers National B ank, Granville, N. Y First National Bank, Osnabrock, N.Dak National Bank of Sabetha, Sabetha, Kans First National Bank, Durham, N.C Home National Bank, Union City, Pa. 2 Citizens National Bank, Harlan, Ky.2 Home National Bank, Elgin, 111 Oskaloosa National Bank, Oskaloosa, Iowa Citizens National Bank, Long Branch, N.J Valparaiso National Bank, Valparaiso, Ind First National Bank in Mount Olive, HI Bozeman Waters First National Bank, Poseyville, I n d . Corinth National Bank, Corinth, N.Y Citizens National Bank, Albion, N.Y _._. First National Bank, Harlem, Mont National Bank of Adrian, Adrian, Mo First National Bank, Woodward, Okla Germantqwn National Bank, Germantown, N.Y First National Bank, Iowa City, Iowa First National Bank, Culver City, Calif National Bank of Rensselaer, Rensselaer, N.Y Griggsville National Bank, Griggsville, 111 First National Bank, Arcadia, Fla Nephi National Bank, Nephi, Utah Elkin National Bank, Elkin, N.C Ocean Grove National Bank, Ocean Grove, N.J Farmers National Bank, Pekin, 111 National Bank of Whitehall, Whitehall, N.Y Anamosa National Bank, Anamosa, Iowa First National Bank, Gary, Ind Third National Bank, Pittsburgh, Pa.i First National Bank, Hiawatha, Kans Trigg National Bank, Glasgow, Ky Bell National Bank, Pineville, K y First National Bank, Columbus, Mont First National Bank, Murfreesboro, Tenn Footnotes at end of table, p. 229. 5402 10421 11456 12572 12633 12772 12799 13009 13270 10872 10905 12985 8199 10336 13248 3154 7234 4626 3811 8879 12243 2016 2417 6038 6215 13452 13503 6479 4998 7644 12413 5575 12242 18 11732 12773 2116 5534 8508 5673 5403 2287 8388 4696 8428 291 2589 5486 7215 9396 1692 May 2,1900 July 2,1913 Aug. 30,1919 Aug. 6,1924 Jan. 29,1925 June 13,1925 June 26,1925 Nov. 8,1926 Dec. 31,1928 May 16,1916 Aug. 15,1916 Aug. 23,1926 Apr. 2,1906 Feb. 2,1913 Oct. 10,1928 Mar. 20,1884 Apr. 7,1904 Aug. 28,1891 Sept. 20,1887 June 11,1907 June 3,1922 July 3,1872 Mar. 6,1879 Nov. 20,1901 Mar. 6,1902 Apr. 2,1930 Nov. 7,1930 Oct. 13,1902 May 2,1895 Feb. 9,1905 July 9,1923 Sept. 4,1900 Jan. 7,1922 June 12,1882 May 24,1920 Dec. 2,1924 June 2,1873 June 15,1900 Nov. 21,, 1906 Dec. 19,1900 Apr. 20,1900 July 19,1875 Sept. 29,1906 Feb. 4,1892 Oct. 9,1906 Dec. 30,1863 Nov. 12,1881 June 25,1900 Mar. 28,1904 Mar. 27,1909 Feb. 27,1869 50,850 25,000 164, 500 50,000 25, 000 50,000 79,500 25,000 50, 000 14,000 50,000 100,000 50,000 250,000 18, 750 75,000 25,000 16, 250 25,000 1,500 100,000 361,096 262,000 100,000 100,000 50,000 250, 700 25,000 65,250 60,000 279, 300 100,000 1, 249, 250 55,500 50,000 25,000 100,000 100,000 825, 500 444, 500 50,000 437, 000 100,000 337, 000 100,000 50,000 50,000 121,100 25, 000 400, 500 50,000 73, 750 25,000 25, 000 111,350 25,000 4,500 50, 000 457, 000 100, 000 17, 750 25,000 10,000 100,000 314, 500 50,000 179,000 30,000 56,000 50,000 95,500 25,000 162,025 25,000 50,000 543, 500 50,000 151, 500 50,000 204,000 25,000 582, 500 300,000 2,408, 500 50,000 213,000 50,000 249,063 25,000 127, 250 25,000 50,250 100,000 1,133,400 40,000 150,000 25,000 100,000 25,000 50,000 100,000 50,000 250,000 75,000 25,000 25,000 400,000 200,000 100, 000 100,000 25,000 60,000 600,000 50,000 100,000 150,000 100,000 150,000 150,000 50,000 50,000 35,000 200,000 25,000 25,000 50,000 50, 000 100,000 100,000 100,000 50,000 100,000 50,000 50,000 100,000 100,000 100,000 100,000 250,000 500,000 55,000 75,000 100,000 25,000 200,000 Jan. 11,1932 do. do. _do. _do. _do. _do-do. -do. Jan. 12,1932 do Jan. Jan. 13,1932 18,1932 do. -—do _...do —do do. do Jan. 19,1932 doJan. 20,1932 —do do do !IIIIdoIIIIIIII do Jan. 21,1932 ____do. do do Jan. 22,1932 do Jan. 23,1932 do. Jan. 26,1932 —do do. —do do do. —do Jan. 27,1932 do. Jan. 28,1932 do do do Jan. 29,1932 Feb. 1,1932 11,010 11,010 48,620 48,620 384,460 200,000 384,460 200,000 97, 540 24,815 59, 280 600, 000 97, 540 24,815 59,280 600,000 114,100 114,100 98,435 48, 380 48, 680 19,460 49,280 6,010 98, 435 48,380 48, 680 19,460 49, 280 6,010 49, 460 9,520 98,020 95,260 49,460 9,520 98,020 95,260 12, 500 69,280 42, 740 24, 700 24,040 95, 800 47,900 98,740 244, 240 415,220 54,220 71, 880 95,980 24,640 86,540 12, 500 69,280 42, 740 24, 700 24,040 95,800 47,900 98,740 244, 240 415,220 54,220 71,880 195,980 24,640 86,540 90,906 384,648 39,117 1,123,550 42,481 84,313 820,272 152,670 1,196, 262 232,987 137, 405 90,211 2, 569,503 760, 770 625,344 1,173,449 94,147 503, 713 3, 673,443 1,284,871 1,382, 759 1,478, 736 653, 645 419, 379 425, 207 1, 555,411 3,190, 726 173, 041 43,671 402,464 295,459 880,545 814,166 872, 922 220,646 455,690 96,108 455, 625 1,429,061 961,039 940,379 620,019 2,703,458 331,989 591,789 464,452 141,978 1,049,518 58, 508 371,109 25,000 99,265 21,474 35,952 170,989 5,960 324,532 46,689 24,845 19, 261 369,483 326, 033 25, 300 389,315 98,865 2,175,909 243,602 171,928 419,600 54,745 50,647 82,937 56,000 30,633 53,079 163,075 197,692 30,000 159,904 24,950 138,715 45,318 104, 248 345,139 75, 000 285,600 20,000 875,000 504,192 70,136 161,300 24, 560 31,800 352,866 TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank First National Bank, Harvey, 111 Cumberland National Bank, Fayetteville, N.C Peoples National Bank, Clinton, Mo_# Hopedale National Bank, Hopedale, 111 First National Bank, Palatine, 111 Washington National Bank in the City of Tacoma, Tacoma, Wash Middlesex National Bank, Lowell, Mass First National Bank, Milton, Oreg Coast National Bank, Seaside Heights, N.J Point Pleasant Beach National Bank & Trust Co., Point Pleasant Beach, N.J Olympia National Bank, Olympia, Wash First Willapa Harbor National Bank, Raymond, Wash Pikesville National Bank, Pikesville, Md South Gate National Bank, South Gate, Calif Peoples National Bank, Wellsville, Ohio First National Bank, Monte Vista, Colo First National Bank, Boswell, Pa First National Bank, Monterey Park, Calif First National Bank, Victoria, Va Joliet National Bank, Joliet, 111 Commercial National Bank, High Point, N.C National Bank of America at Gary, Ind First National Bank, Shelbyville, Ind1 First National Bank, Brockway, Pa. First National Bank in Brockway, Pa.* Rockford National Bank, Rockford, 111 First National Bank, Mendota, 111 Mendota National Bank, Mendota, 111 Sedalia National Bank, Sedalia, Mo National Bank of De Pere, De Pere, Wis Wayne National Bank, Goldsboro, N.C_ First National Bank, Pittsburg, Kans Charter no. Date Total dividends paid during existence as a national Capital banking association Failures Capital Receiver appointed $100,000 Feb. 1,1932 150,000 ..—do 50,000 Feb. 2,1932 50,000 do 50,000 do._. 13168 8509 9398 11934 Mar. Jan. Dec. Apr. Jan. 11,1907 12,1928 31,1906 1,1909 25,1921 $50,000 150,000 50,000 50,000 25,000 $118,250 36,000 76,000 85, 250 16,500 12667 12343 9201 12354 Dec. Mar. June Mar. 27,1924 30,1923 6,1908 17,1923 200,000 200,000 50,000 25,000 103,000 120,000 13215 5652 11672 8867 12807 6345 7228 6603 12061 May Nov. Mar. July Aug. June Apr. Jan. Nov. Apr. Oct. Mar. Dec. May June July Mar. Feb. July July Oct. Sept. Feb. 1,1928 10,1900 23,1920 23,1907 3,1925 27,1902 8,1904 8,1903 3,1921 14,1922 29.1890 23.1891 11,1916 2,1865 23,1900 29,1931 8,1871 13,1865 14,1897 10,1890 6,1902 11,1914 100,000 100,000 125,000 50,000 313, 500 100,000 100,000 54,000 40,000 25,000 49,200 50,000 50,000 2,000 100,000 100,000 223, 500 50,000 25,000 132,930 30,000 30,000 95,400 25,000 25,000 22,000 25,000 25,000 6,000 700,000 100,000 1,084,500 50,000 1, 402,000 1,000,000 150,000 100,000 127, 500 100,000 65,000 862, 750 35,000 35,000 144, 800 65,000 65,000 750,000 100,000 2,044,000 65,000 100,000 762,856 50,000 100,000 234,500 100,000 267,500 100,000 Feb. 15,1932 50,000 205,000 100,000 Feb. 16,1932 461, 500 325,000 Feb. 17,1932 325,000 50,000 356,785 100,000 — . d o 12183 4520 4568 11094 1263 5497 13566 1816 1177 5086 4392 6469 10614 3463 200,000 200,000 50,000 25,000 Borrowed money (bills CirculaLawful tion out- Total depos- payable, redismoney standing its at date counts, deposited at date of failure etc.) at of failure date of failure $48,800 $879,016 1,046,755 281,040 112,748 128,593 $112,970 304,652 191,960 198, 560 975,755 4,842,072 479,662 202,108 125,865 114,210 43,002 91,999 94,900 97,780 23,920 29,397 25,000 25,000 97,180 474,140 99,100 69,280 228,721 1,828,063 957,619 853,133 440,249 578,054 148,271 625,303 411, 215 259,249 3,512, 518 3,892, 564 882,274 496,588 199,980 48,800 12,320 100,000 100,000 177,320 96,337 4,450,746 438,364 696, 739 472,862 612,864 1, 538,103 1,425,067 230,274 130, 780 60,250 75,000 35,000 192,110 67,419 70,815 66,438 62,173 1,035,956 2,307, 509 136,115 91,146 102,858 598, 755 601,501 50,980 73,625 70,000 27,000 513,675 86,755 $48,800 49,280 23,980 15,000 49, 280 23,980 15,000 191,960 do Feb. 3,1932 176,960 do. do. _—do 94,900 __-do -—do — 48,860 6,250 Feb. 6,1932 -—do do 97, 780 Feb. 8,1932 23,920 Feb. 9,1932 29,397 do 25,000 do - 25,000 97,180 Feb. 10,1932 474,140 do... 93, 220 ..-do 69,280 —do Feb. 11,1932 do. Feb. 12,1932 199,980 —do 11,320 ....do 100,000 100,000 177,320 96,337 48,860 6,250 20,434 33,191 to First National Bank, Cherokee, Kans First National Bank, Newport Beach, Calif Seaside National Bank, Long Beach, Calif First National Bank, Craig, Colo Craig National Bank, Craig, Colo Pioneer National Bank, Waterloo, Iowa Burnet National Bank, Burnet, Tex John Weedman National Bank, Farmer City, 111 First National Bank, Le Roy, 111 First National Bank, Foosland, 111 Citizens National Bank, Great Bend, Kans First National Bank, Sedro-Woolley, Wash First National Bank, Renovo, Pa First National Bank, Hornell, N.Y First National Bank, Pitcairn, Pa Peoples National Bank, Pitcairn, Pa First National Bank, Trafford, Pa First National Bank, Champaign, 111 First National Bank, Bardwell, Ky First National Bank, Hamilton, 111 First National Bank, Arlington, Ga First National Bank, Hartwell, Ga City National Bank, Knoxville, Tenn. 1 First National Bank, Alexis, 111.1 Citizens National Bank, Kendallville, Ind First National Bank of Bay Point, Port Chicago, CalifFirst National Bank, Alva, Okla Security National Bank, Fairfleld, Idaho National Bank of Commerce, Garnett, Kans Merchants National Bank, Brownsville,2 Tex First National Bank, High Bridge, N J . Merchants National Bank, Defiance, Ohio 1 First National Bank, Defiance, Ohio 1 First National Bank, Lonaconing, Md. 1 First National Bank, Fairfax, Okla First National Bank, Nebo, 111 First National Bank, Glasgow, Ky Forest City National Bank, Rockford, 111 First National Bank, Highland, Kans First National Bank, Albion, 111.1 Albion National Bank, Albion, 111.1 Coggin National Bank, Brownwood, Tex. 1 First National Bank, Roscoe, Tex. 1 Bayard National Bank, Bayard, W.Va First National B ank in Driggs, Idaho First National Bank, Seymour, Ind. 1 First National Bank, Lafayette, Colo Citizens National Bank & Trust Co., Hornell, N . Y . . . National City Bank, Tampa, Fla. 1 Douglass National Bank of Chicago, Chicago, 1111 United States National Bank, La Grande, Oreg. Footnotes at end of table, p. 229. 5447 10702 12819 10558 10560 5120 6966 3407 6586 11299 5705 7908 3763 262 5848 11892 6962 913 8331 9883 8314 11695 3837 4967 12532 11561 5587 11884 5292 7002 5333 2516 4661 7732 7972 10492 4819 4325 9136 8429 9025 9812 12899 11664 13267 1032 8909 2522 10958 12227 9314 June Jan. Aug. May June Apr. Sept. Oct. Jan. Jan. Jan. Aug. July Nov. May Dec. May Jan. May Oct. July Mar. Jan. May Feb. Dec. Sept. Nov. Apr. Oct. Apr. Apr. Nov. Apr. Oct. Jan. Nov. Apr. Apr. Oct. Sept. June Feb. Feb. Dec. Feb. Sept. Mar. Feb. Nov. Dec. 16.1900 8,1915 29.1925 28,1914 6,1914 12,1898 15,1903 26,1885 10,1903 10.1919 31.1901 31.1905 16.1887 21,1863 20,1901 1.1920 11,1903 30,1865 19.1906 10,1910 16,1906 17.1920 12.1888 18,1894 28,1924 19.1919 18,1900 12.1920 3,1900 1,1903 5,1900 7,1881 11,1891 27,1905 27.1905 28,1914 5,1892 8,1890 11,1908 17.1906 11.1907 9,1910 15.1926 23,1920 21,1928 1,1865 21,1907 12,1881 21,1917 4.1921 9,1908 25,000 25,000 92,911 do do 25,000 25,0u0 15, 500 300,000 . .do 300,000 Feb. 18,1932 31,000 25,000 25,000 do - 25,000 25,000 29,250 do 200,000 100,000 692,900 do 30,000 25,000 75,900 75,000 Feb. 19,1932 50,000 363,320 do 50,000 50,000 116,000 25,000 do 25,000 2,750 50,000 Feb. 20,1932 50,000 166,300 25,000 Feb. 23,1932 25,000 23,000 50,000 Feb. 26,1932 50,000 248, 500 300,000 Feb. 27,1932 50,000 1,179,723 100,000 M a r . 2,1932 25,000 226,125 do 75,000 75,000 18,000 do 30,000 50,000 18,900 300,000 M a r . 4,1932 65,000 1,307,150 do 25,000 25,000 90,750 do 50,000 50,000 49, 750 M a r . 8,1932 30,000 30,000 38,700 do 75,000 50,000 28,000 100,000 1, 845,000 1,000,000 M a r . 9,1932 50,000 M a r . 15,1932 50,000 96, 750 80,000 M a r . 16,1932 80,000 6,400 25,000 M a r . 18,1932 25,000 1,500 do 50,000 25,000 206,250 25,000 M a r . 19,1932 25,000 10,000 25,000 M a r . 25,1932 25,000 123,375 250,000 M a r . 28,1932 100,000 655,000 50,000 M a r . 30,1932 30,000 97, 752 100,000 Apr. 11,1932 100,000 244,000 do 100,000 150,000 376,125 25,000 do 25,000 60,000 Apr. 12,1932 25,000 25,000 114,375 40,000 do 25,000 31,700 Apr. 15,1932 50,000 50,000 186, 500 300, 000 Apr. 19,1932 100,000 774,000 Apr. 26,1932 25,000 25,000 48,200 50, 000 Apr. 27,1932 50,000 2,000 do 50,000 25,000 99, 250 100,000 do . 100,000 154,000 25,000 do 25,000 2,468 25,000 Apr. 28,1932 25,000 2,500 25,000 M a y 3,1932 25, 000 100,000 718,235 100,000 M a y 6,1932 25,000 M a y 9,1932 25,000 6,000 125, 000 M a y 10,1932 125,000 385, 584 500, 000 M a y 20,1932 300,000 488,000 250,000 M a y 21,1932 200,000 39, 000 100,000 M a y 23,1932 100,000 672, 400 18,700 23,980 97,900 97,900 196, 940 29,037 71, 280 48, 560 196,940 29, 037 71, 280 48, 560 49, 340 49, 340 12,200 98,080 23, 860 23,800 28,860 94, 720 23,440 49, 580 9,460 12,200 98,080 23,860 23,800 28,860 94, 720 23,440 49, 580 9,460 148,625 197,349 975,185 182,499 240,772 1, 874, 209 48,946 354,993 183,331 121,462 287,205 318,286 885,193 1, 661, 589 803,720 383,801 466,618 4,174,258 229,720 197,228 79,989 100,312 400,000 75,440 75,440 24,700 24,700 24,700 249,997 24,700 249,997 434,087 112,675 340,758 81,797 300,484 2,786,273 11,960 38,980 50,000 198, 620 6,250 11, 960 38,980 50,000 198, 620 6,250 266,849 154,197 292, 506 2,005,242 96,520 25,000 25,000 144,340 84, 525 24, 520 98,315 25,000 98,315 111, 560 1, 518,460 238, 540 238,540 419, 689 224, 313 9,873 18, 875 175, 577 27,000 64, 239 842,904 16,088 19, 000 40, 262 72,143 7,250 65, 611 727,051 69,500 116,781 55,500 810,100 47,500 25,800 24, 577 74,476 3,392,874 49,756 65,000 25,000 182,449 11,256 43,886 719,457 100,000 100,000 88,461 75,000 180,000 39,227 140,814 151,226 100,000 14,186 29, 554 62,028 231,048 17,000 976,609 525,900 109,683 50,000 NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers, fcO capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money 00 deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank First National Bank, South Glens Falls, N.Y Hancock National Bank, Sparta, Oa State National Bank, Santa Anna, Tex.Li United States National Bank, Iron Mountain, Mich. Citizens National Bank, Salmon, Idaho First National Bank, Hartington, Nebr First National Bank, Crofton, Nebr Baraga County National Bank, L'Anse, Mich Liberty National Bank, Waco, Tex. 1 First National Bank, Beverly Hills, Calif National Bank of Rolla, Rolla, Mo First National Bank, Jayton, Tex Washington National Bank, New York, N.Y. 1 First National Bank, Sutersville, Pa First National Bank, Rock Falls, 111 Leominster National Bank, Leominster, Mass First National Bank, Sheffield, Iowa Henderson National Bank, Henderson, Ky New Jersey National Bank & Trust Co., Newark, N.J Holston National Bank, Elizabethton, Tenn. 1 Alliance National Bank of Chicago, Chicago, 111 First National Bank, Arlington, Nebr First National Bank, Whitesburg, K y First National Bank, Etowah, Tenn Bowmanville National Bank of Chicago, Chicago, 111. First National Bank, Oneida,IU Boonville National Bank, Boonville, M o . . . Hurley National Bank, Hurley, Wis First American National Bank & Trust Co., Berwyn, Dl._ . ' Columbia National Bank, Columbia Heights, Minn— San Bernardino National Bank, San Bernardino, Calif. Jefferson Park National Bank of Chicago, Chicago, 111 National Bank of Milton, Milton, Iowa Jackson Park National Bank of Chicago, Chicago, 111.. Total dividends paid during existence as a national banking association Failures Charter no. Date 5851 12317 12768 11929 9432 4528 8186 9509 11140 11461 1865 9845 13360 6270 6998 3204 12430 1615 9912 10976 12001 4583 10433 9162 10237 10752 10915 11594 Apr. 24,1901 Feb. 2,1923 May 30,1925 Jan. 15,1921 Apr. 27,1909 Feb. 13,1891 Feb. 16,1906 July 21,1909 Jan. 24,1918 July 7,1919 Aug. 1,1871 Aug. 3,1910 May 23,1929 Mar. 20,1902 Sept. 1,1903 Apr. 9,1884 Aug. 7,1923 Nov. 21,1865 Nov. 17,1910 Mar. 6,1917 July 22,1921 May 26,1891 July 14,1913 Feb. 27,1908 July 25,1912 June 5,1915 Oct. 24,1916 Jan. 30,1920 $25,000 May 24,1932 $25,000 $62,000 25,000 25,000 do ... 14,500 50,000 35,000 22,500 100,000 do 100,000 58,500 60,000 100,000 May 25,1932 104,000 50,000 60,000 June 1,1932 259,900 25,000 25,000 do 32, 750 25,000 50,000 June 2,1932 51,000 300,000 300,000 June 3,1932 339,000 30,000 450,000 June 7,1932 457, 725 100,000 50,000 June 8,1932 293,350 40,000 40,000 do 64,000 500,000 June 10,1932 500,000 25,000 do 25,000 53,500 50,000 25,000 do 53, 250 150,000 150,000 June 11,1932 465,000 40,000 40,000 do.. 23,200 100,000 do. 966,000 200,000 200,000 1,472,582 2,800,000 do 25,000 52,000 50,000 June 14,1932 200,000 153,500 200,000 June 15,1932 50,000 44,000 25,000 June 17,1932 25,000 105,500 50,000 do25,000 50,000 June 21,1932 72,500 50,000 314,500 300,000 do 35,000 35,000 do 30,450 75,000 131,250 200,000 do 50,000 50,000 66,000 do 12426 13114 3818 10108 10243 12391, July July Oct. Oct. Aug. May 100,000 25,000 100,000 50,000 25,000 200,000 31,1923 6,1927 17,1887 5,1911 9,1912 25,1923 Capital 6,250 852,000 289, 500 40,750 32,000 Capital Receiver appointed 175,000 ..do 25,000 -do 100,000 ..do 300,000 June 25,1932 25,000 —_do— 200,000| — . d o Borrowed money (bills CirculaLawful tion out- Total depos- payable, redismoney standing its at date counts, of failure deposited at date etc.) at of failure date of failure $25,000 25,000 $25,000 25,000 $428,557 148, 523 100,000 96,160 49,820 25,000 6,250 100,000 96,160 49,820 25,000 6,250 463,480 381, 689 231,343 97,201 404,956 400,000 49,340 9,400 400,000 49,340 9,400 25,000 24,460 144,000 39,700 25,000 24,460 144,000 39,700 5,197,831 505,612 117,600 49,533 366,351 357,803 1,366,833 250,030 1,032,681 7,946,632 $29,400 74, 729 51,192 94,455 150,726 129,131 66,261 108,947 300,000 1,011,964 148,174 62,942 147, 720 24,997 50,000 49,580 35,000 24,760 175,000 50,000 147,720 24,997 50,000 49,580 35,000 25,000 175,000 50,000 688,242 86,685 499,860 380,606 1,668,737 95,768 673,634 413,811 27,000 66,780 261,186 48,550 236,900 5,703,466 297,448 782,826 30,221 56,350 155,297 605,117 27,487 255,392 132,951 99,100 74,400 7,000 99,100 74,400 7,000 523,530 212,519 1,188,300 1,141,839 77,414 736,519 167, 626 92,200 187,100 632, 314 6,132 336,694 26,600 1,026,600 Standard National Bank of Chicago, Chicago, 111 Ravenswood National Bank, Ravenswood, 111 First National Bank, Wilmette, 111 National Bank of Woodlawn of Chicago, Chicago, 111-. First National Bank, Martinville, Ind First National Bank, Mesa, Ariz Midland National Bank of Chicago, Chicago, 111 South Ashland National Bank of Chicago, Chicago, 111. Peoples National Bank & Trust Co. of Chicago, Chicago, 111 First National Bank, Maquoketa, Iowa First National Bank, Thompson, Iowa First National Bank, Gardener, 111 West Hollywood First National Bank, West Hollywood, Calif Guernsey National Bank, Cambridge, Ohio* First National Bank, Willoughby, Ohio 1 First National B ank, Spartanburg, S. C Hyde Park-Kenwood National Bank of Chicago, Chicago, 111 First National Bank, Tyndall, S.Dak First National Bank in Kerman, Calif Farmers National Bank in Vinton, Iowa First National Bank, Davids ville, Pa_ _ First National Bank, Riverside, 111 State National Bank in Terrell, Tex First National Bank, Waynesboro, Miss First National Bank in Aurora, 111 First National Bank & Trust Co., Chicago Heights, 111. National Tradesmen's Bank & Trust Co., New Haven, Conn2 First National Bank, Burns, Oreg State National Bank, Iowa Falls, Iowa Pulaski National Bank, Pul&ski, N.Y First National Bank, Jenkins, Ky Ross County National Bank, Chillicothe, Ohio Consolidated National Bank, Dubuque, Iowa Peoples National Bank & Trust Co., Sullivan, Ind Commercial National Bank, Waterloo, Iowa Clearfield National Bank, Clearfield, Pa First National Bank, Enterprise, Ala.1 First National Bank, Artesia, Calif Whitley National Bank, Corbin, Ky City National Bank, Sumter, S.C.1 Farmers National Bank, Wewoka, Okla First National Bank, Thomasville, Ga First National Bank, Sylacauga, Ala 1 Producers National Bank, Tulsa, Okla. Monroe National Bank, Monroe, N.Y Spencer National Bank, Spencer, Ind First National Bank, Leland, 111 Footnotes at end of table, p. 229. 13372 Aug. 26,1929 10215 Apr. 30,1912 10828 Feb. 3,1916 11980 May 5,1921 794 Jan. 2,1865 11130 Jan. 7,1918 13036 Jan. 18,1927 13253 Nov. 2,1928 300,000 50, 000 50,000 300,000 100,000 100,000 200,000 200,000 13311 999 5054 9406 Apr. 2,1929 1,000,000 Feb. 20,1865 50,000 Dec. 21,1896 50,000 Apr. 21,1909 25,000 11025 1942 11994 1848 June 21,1917 Jan. 16,1872 Apr. 26,1921 June 5,1871 108, 500 119, 500 114,000 706, 788 33,000 300,000 200,000 150, 000 300, 000 100,000 100,000 250,000 200,000 .do.do.. _do_. .doJune 27,1932 ...._do _—do .—do do 492,000 1,000, 000 50,000 June 28,1932 414, 250 50,000 do 208, 500 25,000 do 39, 750 25,000 69, 625 100,000 241, 000 100,000 36, 500 60,000 1, 548,800 do 75,000 50,000 June 29,1932 100, 000 .—.do 500,000 June 30,1932 13235 Aug. 1,1928 6792 May 6,1903 12584 Aug. 26,1924 13263 Nov. 23.1928 11407 June 19,1919 12386 Apr. 6,1923 13287 Feb. 26.1929 13413 Dec. 30,1929 13565 July 28,1931 5876 June 11.1901 500,000 25, 000 25,000 75,000 25,000 50,000 100,000 25,000 200,000 50,000 240,000 91, 277 256, 500 600,000 40, 000 25,000 75,000 25, 000 50,000 100,000 25,000 200,000 200,000 July 1,1932 July 2,1932 do do July 6,1932 do do do do July 7,1932 May May Aug. July June May Jan. May Mar. Dec. June Jan. Dec. Jan. Jan. July Oct. Nov. Nov. Mar. July 300,000 25,000 50,000 50,000 50,000 100, 000 100,000 100,000 50,000 100,000 50,000 25,000 25, 000 150, 000 25,000 100,000 30,000 250,000 25,000 50,000 30,000 2,012, 000 130, 000 156, 500 276, 375 158, 250 1, 058,000 1, 300, 000 287,000 1, 239, 993 788, 000 257, 000 43, 750 44,250 189, 000 92, 750 300,500 91,132 72, 500 51, 250 95,000 47,400 500,000 50, 000 50, 000 75,000 75, 000 150, 000 500, 000 150, 000 400, 000 200,000 100, 000 50,000 25,000 150, 000 25,000 100, 000 50,000 250, 000 50, 000 50,000 30, 000 -—do —do .do. July 11,1932 July 12,1932 July 14,1932 do. July 15,1932 July 18,1932 .do. _do_ _do_ -doJuly 21,1932 July 22,1932 July 27,1932 do do July 28,1932 July 30,1932 Aug. 1,1932 1202 6295 7521 1496 10062 1172 2327 5392 2910 4836 6319 8063 9634 10129 8052 3767 7451 12042 7563 9715 26,1865 31.1902 20,1904 3,1865 29.1911 9,1865 31,1876 21,1900 16,1883 20,1892 21,1902 4,1906 22.1909 10.1912 10,1906 20,1887 10,1904 14,1921 19.1904 17.1910 15.1905 6,000 18,000 6,250 232, 536 507,939 895,084 1, 344,928 762, 539 376,468 439, 793 94,732 30,000 21,939 57, 500 407, 760 177, 234 55, 840 192, 679 20,000 27, 320 50,000 24,760 3,729,097 523,112 146,345 130,878 2,061,344 166,119 59,897 54, 431 299,997 299,997 969,017 2,023,106 41,800 51, 604 104,373 989,617 25,000 25,000 25,000 49,280 25,000 49,280 198, 200 40,000 198, 200 50,000 50,000 49, 460 50,000 49, 460 72,600 149,100 49, 700 97, 660 73,800 149, 100 49, 700 97, 660 197,600 197,600 25,000 24,700 25,000 24,700 48,860 48,077 6,500 48,860 48, 077 34, 280 34, 280 100,000 100, 000 99, 700 100,000 99,700 100,000 27, 320 49,340 24,760 3,133,265 302,752 177,823 584,961 119,415 227,890 145,041 462, 294 2, 602,460 912,123 729,450 81,400 63,962 119, 322 12,800 128,123 385, 585 1,480, 573 217, 587 1, 054, 436 3, 495, 517 1,165,325 4, 531, 689 556,907 148, 699 30,155 222,000 64, 395 298, 520 921, 350 206, 382 717,150 284,245 374,176 69, 723 82, 029 202, 022 29,600 99, 984 59, 842 411, 752 70, 500 82,880 31,140 400, 948 137, 718 1,674 669, 769 208,857 326,850 425, 243 588,424 221,886 105, 609 299, 558 325,879 TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank Buchanan County National Bank, Independence, IowaFirst National Bank in Sioux Rapids, Iowa First National Bank, Adams, Minn First National Bank, Northwood, Iowa Boise City National Bank, Boise, Idaho First National Bank, Qulfport, Miss.1 First National Bank, Eldora, Iowa First National Bank, Ackley, Iowa First National Bank, Milton, N.Dak First National Bank, Aurora, 111.1 First National Bank, Mount Olive, 111.1 First National Bank & Trust Co. in Pontiac, Mich.1.... National Bank of Unionville, Unionville, Mo First National Bank, Sevierville, Tenn First National Bank, Silver ton, Oreg First National Bank, Indianola, Iowa First National Bank, Lawrenceville, 111 Twin City National Bank, Bluefield, Va First National Bank, George West, Tex First National Bank, Marengo, 111 Broadway National Bank of Chicago, Chicago, 111.1 Citizens National Bank, Indiana, Pa Parma National Bank, Parma, Idaho First National Bank, Northboro, Iowa First National Bank, Yukon, Pa Ashland National Bank, Ashland, Ky.1 American National Bank, Gillespie, 111.1 Springfield National Bank, Springfield, Pa First National B ank, C airnbrook, Pa First National Bank, Wendell, Minn First National Bank, Peetz, Colo First National Bank, Emporium, Pa First National Bank, Frazee, Minn First National Bank, Letcher, S.Dak Charter no. 13188 13400 8059 8373 3471 6188 5140 8762 6518 38 7350 12288 13268 12440 11106 1811 5385 7782 12919 1870 12323 7993 11556 9015 12808 2010 12314 13031 10704 11523 3255 7024 9188 Date Total dividends paid during existence as a Capital national banking association Mar. 15,1928 $125,000 Nov. 8,1929 50,000 Jan. 11,1906 25,000 $72, 075 50,000 Aug. 20.1906 77, 750 50,000 Mar. 9,1886 793, 500 Feb. 1,1902 100,000 595,750 Aug. 22,1898 50,000 265,000 50,000 May 30.1907 116,000 25,000 Oct. 25,1902 38, 250 50,000 1,370,925 June 20,1863 25,000 July 15.1904 115,200 Dec. 15,1922 200,000 446,000 40,000 Dec. 12,1928 60,000 Sept. 1,1923 22,200 35,000 Nov. 21,1917 38,500 50,000 272,000 Nov. 15,1870 25,000 May 4,1900 25,000 May 13.1905 23, 750 50,000 Mar. 30.1926 7,500 50,000 Aug. 8,1871 338,000 Nov. 25,1922 200,000 67,000 50,000 Nov. 27,1905 28, 750 25,000 Oct. 11,1919 11,500 25,000 Jan. 17.1908 88, 250 30,000 600 Aug. 8,1925 June 22,1872 300,000 1, 788,100 50,000 35,000 Feb. 2,1923 50,000 Jan. 12.1927 25,000 395, 000 Nov. 21,1914 25,000 19,1916 12,500 Aug. 25, 000 3,750 Oct. 27,1919 50,000 23,1884 Sept. 428,000 25,000 Oct. 2,1903 96,700 25,000 48, 750 May 25,1908 Failures Capital $125, 000 50,000 30,000 50,000 375, 000 400,000 50,000 50,000 25,000 300,000 70,000 600,000 40,000 60,000 35,000 50,000 100,000 50,000 50,000 50,000 200,000 50,000 25,000 25,000 30,000 800,000 50,000 50,000 25,000 50,000 25,000 200,000 30,000 25,000 Receiver appointed Aug. 1,1932 do. Aug. 8,1932 do Aug. 9,1932 do. Aug. 10,1932 do Aug. 11,1932 Aug. 12,1932 do _-_do Aug. 13,1932 do. Aug. 15,1932 Aug. 20,1932 Aug. 22,1932 do Aug. 24,1932 Aug. 29,1932 Sept. 7,1932 Sept. 12,1932 do. Sept. 16,1932 Sept. 20,1932 Sept. 22,1932 do__ .—do Sept. 23,1932 do Sept. 24,1932 do Sept. 26,1932 Sept. 27,1932 Borrowed money (bills CirculaLawful tion out- Total depos- payable, redismoney standing its at date counts, of failure deposited at date etc.) at of failure date of failure $49,100 29, 520 49,700 248,080 $49,100 29,520 49,700 248,080 $795, 312 155, 510 283, 692 197,957 2, 365,834 35,720 24,820 35,720 24,820 371,924 376,739 50,375 39,700 373,180 39,700 ~24,~766" 24,700 50,000 49,100 48, 380 12,500 50,000 49,100 48, 380 12,500 50,000 50,000 ~25,~666~ ~25,~666" 24,460 25,000 24,460 25,000 197,117 29,700 25,000 197,117 29,700 25,000 90,295 223,140 218, 230 365,052 596,472 89,066 204,783 535,967 705,941 83,048 111, 127 76,847 85,505 207,581 69,154 34,768 1,180, 669 309, 972 $233,515 48,796 82,396 35, 610 181,149 2,319,135 48,300 93,200 21,026 555, 000 199,841 5, 353,850 19,000 41,180 40,138 90,315 106,915 46,534 56,880 92,439 76,168 37,850 45,394 40,250 478,625 146,283 31,966 71,000 50,684 44,000 163,933 37,500 37, 794 to to o Central National Bank, Decatur, Ala.1 Brown National Bank, Jackson, Minn Citizens National Bank, Wessington, S.Dak_ First National Bank, Vincennes, Ind_. Andalusia National Bank, Andalusia, Ala Liberty National Bank, Dickson City, Pa First National Bank, Lewisville, Ind First National Bank, Mazon, 111 First National Bank, Egan, S.Dak First National Bank, Story City, Iowal First National B ank, Wyoming, Iowa 1 First National Bank, Gormania, W.Va. First National Bank, Greensburg, Kans First National Bank, Scappoose, Oreg Homer City National Bank, Homer City, Pa First National Bank, Reynolds, Ga First National Bank, Palestine, 111 First National Bank, La Grande, Oreg.3____ First National Bank, Springfield, Oreg Masontown National Bank, Masontown, Pa.* First National Bank, Portsmouth, Va.1 United States National Bank, Deer Lodge, Mont McDowell County National Bank, Welch, W.Va.L... Schmelz National Bank, Newport News, Va.1 National Citizens Bank, Lake Benton, Minn First National Bank, Crosby, N.Dak First National Bank, Flandreau, S.Dak First National Bank, St. Francis, Kans Farmers National Bank, Gonzales, Tex Diamond National Bank, Pittsburgh, Pa Dawson City National Bank, Dawson, Ga Park National Bank, Sulphur, Okla First National Bank, Allen, Okla Duquesne National Bank, Pittsburgh, Pa Shawnee National Bank, Shawnee, Okla First National Bank, McLoud, Okla United States National Bank & Trust Co., Kenosha, Wis. Tecumseh National Bank, Tecumseh, Okla First National Bank, Washington, Mo First National Bank, Ocean City, N.J Painesville National Bank, Painesville, Ohio L_ 1 Granville National Bank, Granville, N.Y. 1 First National Bank, Rensselaer, Ind First National Bank, Dillwyn, Va 1 Ayers National Bank, Jacksonville, 111 City National Bank, Georgetown, Tex First National Bank, Webster City, Iowa1 Belmont National Bank, Belmont, Ohio Gadsden National Bank, Gadsden, Ala First National Bank, Lincoln, Ala Footnotes at end of table, p. 229. 10423 7797 12888 1873 11955 12459 5526 10186 7252 9017 1943 8751 10557 10992 8855 9615 8892 13602 8941 6528 9300 9899 9071 11028 6696 10596 5854 11857 8392 2236 6496 9046 9620 2278 5115 July May Feb. July Apr. Oct. June Apr. Apr. Jan. Jan. Apr. June Apr. July Dec. July Mar. Oct. Nov. Dec. Nov. Feb. June Mar. Apr. May Sept. Sept. Mar. Sept. Feb. Nov. May Mar. Mar. 10.1913 17.1905 8,1926 15.1871 9,1921 24,1923 7,1900 16,1912 23,1904 15,1908 27.1872 11,1907 5,1914 17,1917 20,1907 1,1909 23.1907 7,1932 9.1907 19.1902 9.1908 9,1910 20.1908 25,1917 16.1903 29.1914 29,1901 18,1920 13.1906 22,1875 11,19C2 3,1908 24.1909 25,1875 1,1898 2,1903 100,000 154, 500 40,000 50, 398 30,000 100,000 672,000 200,000 128,000 100,000 18,000 25,000 81,475 35,000 110,000 25,000 47, 250 25,000 166, 750 50,000 211, 250 25,000 34,000 25,000 92,475 25,000 13,000 50,000 51,000 25,000 45, 625 25,000 43,500 125,000 25,000 35,050 25,000 229,000 100,000 345,000 50,000 160, 500 100,000 567,000 200,000 282, 000 25,000 41,000 25,000 8,500 25,000 111, 285 25,000 35,000 50,000 186, 500 200,000 3, 700, 333 65,000 254,500 25,000 59,800 25,000 61, 750 200,000 2,236, 500 50,000 720,000 25,000 102,750 200,000 40,000 30,000 200,000 200,000 100,000 35,000 50,000 25,000 75,000 50,000 25,000 40,000 25,000 50,000 25,000 25,000 125,000 25,000 100,000 300,000 100,000 250,000 400,000 25,000 25.000 40,000 25,000 100,000 600,000 100,000 25,000 25,000 500,000 150,000 25,000 12351 10304 5388 6060 2842 4985 6651 11480 5763 12680 1874 6391 8560 10131 Mar. Dec. May Oct. July Jan. Feb. Sept. Mar. Apr. Aug. July Jan. Jan. 31,1923 14,1912 12,1900 23,1901 26,1882 30,1895 16,1903 11,1919 25.1901 6,1925 10,1871 26.1902 25.1907 23,1912 100,000 25,000 25,000 50,000 200,000 50,000 30,000 50,000 200,000 50,000 50,000 25,000 125,000 25,000 200,000 25,000 25,000 300,000 150,000 50,000 120,000 50,000 500,000 50,000 100,000 25,000 125,000 25,000 134,000 25,250 63,375 463,000 504,500 158,750 202,800 978,000 7,000 517,715 35,875 151,875 16,500 Oct. 1,1932 Oct. 3,1932 do do_ Oct. 5,1932 Oct. 6,1932 Oct. 8,1932 do Oct. 10,1932 __. do Oct. 11,1932 do Oct. 12,1932 Oct. 18,1932 do Oct. 20,1932 do Oct. 22,1932 _- - do -.- .Oct. 24,1932 do Oct. 25,1932 do Oct. 27,1932 Oct. 28,1932 Nov. 1,1932 Nov. 3,1932 do Nov. 4,1932 Nov. 14,1932 1 _. do do do Nov. 15,1932 do do_ 25,000 25,000 200,000 24,160 19,820 50,000 25,000 74,997 19,980 200,000 25,000 19,820 50,000 25,000 74,997 143,272 152,171 899,703 769, 705 282,243 207,054 74,687 96,540 407,206 9,820 23,920 48,920 24,340 12,500 9,820 23,920 48,920 24,340 12,500 158,781 105,379 433,152 73,729 198,727 6,250 6,250 90,298 12,500 12,500 421,439 24,760 25,000 39,700 39,700 97,240 295,320 100,000 25,000 97, 240 295,320 100,000 25,000 493,337 50,000 7,000 493, 337 50,000 7,000 188,910 104,870 263,834 228,479 366,917 9, 605,721 162,938 156,072 106,313 4,096,735 1,935,232 95,325 175,000 „ do. Nov. 18,1932 25,000 - do do 300,000 Nov. 21,1932 . do do__ do 492,740 _. do do Nov. 30,1932 100,000 Dec. 1,1932 do . 67,500 do 24,760 175,000 25,000 300,000 895,548 275,283 672,870 1,629,885 0) 492, 740 100,000 5,090,458 87,167 489,542 102, 750 24,760 737, 629 15,492 292,089 72, 532 63, 574 465, 074 459, 529 125,820 59,436 37,625 53,295 81,750 50,925 71,634 111, 484 32,364 30,610 43,354 31,915 14,500 301,327 147,525 284,597 400,000 44,591 29,036 83,437 51,760 120,218 1,500,350 294,689 2,285,844 62,585 287,142 19,312 50,000 965,408 191,000 172,602 26,156 742,146 49,088 91,613 27,038 199,999 39,683 TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1933, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited vrith Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank First National Bank, Woodlake, Calif First National Bank, Ephrata, Wash First National Bank, Faulkton, S.Dak Reno National Bank, Reno, Nev First National Bank, Winnemucca, Nev Enumclaw National Bank, Enumclaw, Wash* Public National Bank <fe Trust Co., Houston, Tex*._ Merchants National Bank, Wadena, Minn First National Bank, Motley, Minn First National Bank, Fort Gaines, Ga Allenwood National Bank, Allenwood, Pa. 1 First National Bank, Chester, W.Va First National Bank, Marshfield, Wis First National Bank, Iowa Falls, Iowa Mills County National Bank, Glen wood, Iowa First National Bank, Rocksprings, Tex Citizens National Bank, Glenwood Springs, Colo First National Bank, Ortonville, Minn First National Bank, Hermosa Beach, Calif--Winder National Bank, Winder, Ga First National Bank, Centerline, Mich First National Bank,.Russiaville, Ind Putnam National Bank, Palatka, Fla _ _. First National Bank, Herrin, 111 Third National Bank, Mount Vernon, 111 First National Bank, George, Iowa First National Bank, Englewood, Kans __ First National Bank, Monrovia, Ind Citizens Security National Bank, Sisseton, S.Dak___ First National Bank, Ell wood City, Pa First National Bank, Fowler, Kans First National Bank, Greenfield, 111 First National Bank, St. Marys, Kans First National Bank, Yale, Mich Charter no. Date 10309 11247 10961 8424 3575 12143 12055 4916 7764 6002 11593 6984 4573 3252 1862 11634 6957 6459 12209 10805 13240 5524 4813 5303 5689 9910 9097 6354 6395 4818 9595 8473 3374 5482 Dec. 7,1912 Aug. 26.1918 Feb. 19,1917 Oct. 20,1906 Sept. 27,1886 Mar. 13,1922 Nov. 7,1921 May 15,1893 May 13,1905 Oct. 3,1901 Nov. 27.1919 Oct. 9,1903 May 18.1891 Aug. 28,1884 Aug. 11,1871 Feb. 27.1920 Sept. 9,1903 Oct. 4,1902 Mar. 10,1922 Oct. 16,1915 Aug. 28,1928 June 23,1900 Oct. 22.1892 Apr. 11.1900 Jan. 12.1901 Dec. 5,1910 Mar. 21.1908 Apr. 25.1902 Aug. 18,1902 Oct. 22,1892 Oct. 26.1909 Nov. 28,1906 July 29,1885 June 8,1900 Total dividends paid during existence as a Capital national banking association $25,000 $12,000 25,000 25,000 23,000 500,000 1,363,500 50,000 939,660 50,000 42,000 300,000 129.499 50,000 349,750 25,000 69,000 30,000 107,650 25,000 4,000 50,000 55,500 50,000 285, 550 50,000 311,500 65,000 541,125 35,000 7,000 25,000 118.500 25,000 92,500 50,000 19,500 100,000 181,000 50,000 25,000 103,375 50,000 297,000 25,000 316, 250 50,000 521,542 25,000 24,000 25,000 49,000 25,000 44,400 50,000 173,000 100,000 341,025 25,000 59,500 55,000 148, 500 50,000 205,250 35,000 107,550 Failures Capital $25,000 25,000 25,000 700,000 200,000 50,000 800,000 100,000 25,000 50,000 25,000 50,000 150,000 50,000 65,000 35,000 50.000 50,000 50,000 100,000 50,000 25,000 100,000 50,000 150,000 25,000 25,000 30,000 50,000 125,000 25,000 55,000 50,000 40,000 Receiver appointed Dec. 2,1932 do Dec. 8,1932 Dec. 9,1932 Dec. 10,1932 Dec. 12,1932 Dec. 13,1932 Dec. 16,1932 do Dee. 19,1932 Dec. 22,1932 do Dec. 27,1932 do Dec. 28,1932 Dec. 29,1932 do do Dec. 30,1932 .-_do do Dec. 31,1932 .—do Jan. 3,1933 Jan. 4,1933 do. Jan. 5,1933 do_ Jan. 10,1933 do._ do__ Jan. 12,1933 do Borrowed money (bills CirculaLawful tion out- Total depos- payable, redismoney standing its at date counts, deposited at date of failure etc.) at of failure date of failure $7,000 $7,000 665,000 82,000 665,000 82,000 49,760 24,700 49, 760 24,700 50,000 147,180 49, 580 41,250 10,320 50,000 147,180 49,580 41,250 96,580 25,000 49, 640 96,580 22,695 49,460 49,695 100,000 24,640 25,000 49,460 49, 695 100,000 24,640 24,760 39,760 100,000 24,640 15.000 50,000 24, 760 39,760 100,000 24, 640 15,000 50,000 40,000 25,000 $92,593 83,934 137,536 4,020,537 1,592,412 3,265 509,051 76,411 41,728 282,302 1,041,644 278,645 277,219 36, 726 411,533 545,910 222,417 220,005 230, 634 85,834 1,062, 700 1,164, 606 2,317,165 148, 583 39,404 105,924 198, 280 864,029 79,143 455, 666 169,323 304,892 $10,000 35,843 67, 942 3,261,216 204,610 50,000 3,051,013 93,201 24,503 54,046 17,894 86,184 260,495 14,050 80,734 42,286 95,000 69,190 38,330 98,666 10,000 21,469 291,068 106,068 43,439 57,877 10,525 89,577 447,849 41, 595 21, 500 67,639 31,951 to to to First National Bank, Sodus, N . Y First National Bank, Anna, 111 First National Bank, Littleton, Colo St. Louis National Bank, St. Louis, Mo First National Bank, Maryville, Tenn Jackson National Bank in Jackson, Minn First National Bank in Mamaroneck, N.Y Liberty National Bank, Marine City, Mich First National Bank, Algonac, Mich Arlington National Bank, Arlington, Oreg First National Bank, Wheaton, 111 Snell National Bank, Winter Haven, Fla. 1 Twelfth Street National Bank, St. Louis, Mo Farmers National Bank, Taylorville, 111 East Tennessee National Bank, Knoxville, Tenn First National Bank, Madison, Nebr First National Bank, Buffalo Center, Iowa Security National Bank, Alexandria, S.Dak 1 California National Bank, Sacramento, Calif First National Bank, Wellington, Colo Commercial National Bank, Columbus, Nebr First National Bank, Morristown, Tenn First National Bank, States ville, N . C Chelsea—Second National Bank & Trust Co., Atlantic City, N . J . National Exchange Bank, Waukesha, Wis.i First National Bank, Manilla, Iowa First National Bank, Craig, Nebr Atlantic City National Bank, Atlantic City, N.J First National Bank, Steelville, Mo City National Bank, Oshkosh, Wis First National Bank, Roodhouse, 111 First National Bank, Leigh, Nebr First National Bank, Ballston Spa, N.Y.i Lincoln Park National Bank, Lincoln Park, Mich First National Bank, Heppner, Oreg Farmers & Stock Growers National Bank, Heppner, Oreg. Pleasantville National Bank, Pleasantville, N.J First National Bank, Ridgway, 111 First National Bank, Secor, 111 Citizens & Security National Bank, St. James, Minn-. Nokomis National Bank, Nokomis, 111 First National Bank, North Bend, Nebr First National Bank, Lumberton, Miss First National Bank, Huntsyille, Tenn Citizens National Bank, Irwin, Pa. 1 Union National Bank, Fremont, Nebr Ashland National Bank, Ashland, Wis Northern National B ank, Ashland, Wis Bozeman Waters National Bank, Poseyville, Ind. 1 Footnotes at end of table, p . 229. 9418 4449 7533 12216 10542 13269 13592 11260 60,000 _do. 99,600 30,000 50,000 ..do. 299, 250 50,000 25,000 do 90,500 25,000 200,000 Jan. 13,1933 44,000 200,000 100,000 do 127,175 50,000 40,000 Jan. 16,1933 5,200 40,000 250,000 do 150,000 50,000 50,000 Jan. 17,1933 73,000 30,000 do. 5,700 30,000 25,000 Jan. 19,1933 102,350 50,000 50,000 do 129,000 25,000 200,000 do 252,100 30,000 300,000 — .do 300,000 100,000 100,000 221,000 .do100,000 2,834,000 2,000,000 Jan. 20,1933 100,000 do 50,000 320, 000 50,000 do50,000 138,000 30,000 Jan. 21,1933 30,000 27, 000 do. 1,000,000 2,982, 771 2,000,000 25,000 Jan. 24,1933 25,000 28,850 50,000 do 50,000 214,000 100,000 Jan. 25,1933 50,000 477, 500 100,000 Jan. 27,1933 50,000 309, 732 600,000 ..—do. 100,000 691,000 3918 9368 10379 12491 5410 2049 3773 5154 10187 8504 7793 5180 3432 3682 5884 Apr. Sept. Dec. June Mar. Dec. Jan. Oct. Feb. June Mar. Apr. Jan. May Aug. Aug. Oct. Apr. Dec. June Jan. Jan. Feb. May 1,1922 21,1914 26,1928 15,1932 7,1918 24,1926 28,1888 6,1909 22,1913 12,1924 18.1900 23,1872 1,1887 20.1898 13,1912 18.1906 3,1905 17.1899 4.1886 8.1887 20.1901 2647 5873 9591 2527 8914 9347 8637 9831 954 12999 3774 11007 Feb. June Oct. Mar. July Jan. Mar. Oct. Mar. July July Apr. 14,1882 14,1901 25.1909 24,1881 31.1907 9,1909 27..1907 12.1910 6,1865 3,1926 26,1887 28,1917 450,842 50,000 25,000 51, 250 25,000 66,750 50,000 1, 503,860 25,000 71,500 200,000 602, 400 50,000 90, 750 50,000 184,000 100,000 480, 500 100,000 239,404 50,000 50, 000 12, 500 200,000 25,000 25,000 300,000 25,000 300,000 50,000 50,000 100,000 100,000 100,000 50,000 . — .do Jan. 30,1933 do do do Jan. 31,1933 Feb. 1,1933 Feb. 2,1933 .do.. —do do .—.do 12510 9439 6007 7021 1934 3059 5613 10192 5255 3188 3196 3607 8149 Feb. May Oct. Sept. June Sept. Sept. May Jan. May May Nov. Mar. 20,1924 7,1909 21,1901 24,1903 9,1872 8.1883 25.1900 4,1912 16,1900 12,1884 3.1884 20,1886 15,1906 100,000 25,000 25,000 25,000 50,000 50,000 25,000 25,000 50,000 60, 000 50,000 100,000 50,000 100, 000 25,000 25,000 80,000 75,000 50,000 50,000 25,000 100,000 150,000 100,000 100,000 50, 000 Feb. 4,1933 .do Feb. 6,1933 do Feb. 9,1933 .do do do Feb. 10,1933 Feb. 13,1933 do do do 12944 17,1909 13,1890 9,1904 14,000 26, 750 50, 250 140,900 480, 925 171, 500 207,000 11, 250 323, 500 422, 420 406, 500 651,000 106, 500 24,700 589,428 615, 518 325,113 1, 265,769 573,249 205,704 1, 944,442 423,629 205,709 91,820 452,759 300,000 100,000 606,606 1,000,000 63, 980 49, 997 49, 997 853,966 1, 288,085 9,139, 589 355,238 71,163 1, 720,000 25,000 49,640 75,000 100,000 300,000 11, 258,781 58, 111 368,128 1,028,225 421,555 5,439,556 48,800 25,000 96,520 60,000 43, 800 25,000 96, 520 96,520 50,000 34,100 19, 280 50,000 ~15"666 35,000 27, 500 49,100 25,000 24,700 296,100 6,250 165,000 50,000 37,200 273,150 122,481 31,482 473,029 146,800 64, 239 1,410,856 97,388 63,085 29,262 114,042 136,445 351,160 106, 695 8,917,603 207,688 20,243 36,309 2,119,977 19, 219 67, 571 262, 262 168,800 4,575, 657 203,499 156, 792 26, 642 61,755 94,349 7,674.055 3, 662, 258 41,000 209, 308 110,000 2, 679, 849 100,000 25,000 279, 652 305,040 87,997 100,000 25,000 25,000 50,000 75,000 49,400 49,100 6,250 288,891 73,144 99,154 298,421 674, 399 145, 369 305, 253 64, 950 149, 280 99,400 99,100 525, 264 1,515,954 998,004 82,529 85,839 87,096 60, 774 25, 641 122, 669 10, 500 48, 451 119, 986 156, 658 27, 207 97, 089 6,759 102, 200 85, 648 205, 879 198, 483 67, 705 TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank First National Bank, Pitsburg, Ohio 1 ._. First National Bank, Sioux Rapids, Iowa 1 Sunrise National Bank & Trust Co., Baldwin, N.Y.. First National Bank, Oceanside, Calif First National Bank, Carlsbad, Calif First National Bank, LeSueur, Minn Citizens National Bank, New Brunswick, N.J McDaniel National Bank, Springfield, Mo.1 Fort Collins National Bank, Fort Collins, Colo First National Bank, Avon-by-the-Sea, N.J.1 Commercial National Bank, Washington, D.C Marlin-Citizens National Bank, Marlin, Tex Smith National Bank, St. Edward, Nebr First National Bank, Rockport, Ind Liberty National Bank, Pawhuska, Okla.i National Exchange Bank, Chester, S.C.5 First National Bank, The Dalles, Oreg5 First National Bank, Hampstead, Md. Continental National Bank, Indianapolis, Ind.1 Broad Street National Bank, Red Bank, 7N.J.7 Cherokee National Bank, St. Louis, Mo. 6 '__ American National Bank, Rushville, Ind. Central National Bank, Oakland, Calif.7 Guardian National Bank of Commerce, Detroit, Mich.7 First National Bank, Detroit, Mich.7 7 First National Bank, Kitzmillerville, Md. First National Bank, Massillon, Ohio 7 Citizens National Bank, Greeneville,7 Tenn.7 First National Bank, Silverton, Tex. Citizens National Bank, Frostburg, Md.7 Citizens National Bank, Appleton, Wis.*5 Citizens National Bank, Richmond, Ky. Britton & Koontz National Bank, Natchez, Miss. 7 ... National Loan & Exchange Bank, Columbia, S.C.7—_ Charter no. 9563 9585 13062 8069 13049 7199 12468 10074 5503 12422 7446 5606 5793 6194 11314 8471 3441 9755 9537 11553 12643 12420 9502 8703 10527 8302 216 13482 8816 4926 4937 7653 12537 6871 Date Capital Sept. 21.1909 Oct. 23,1909 Apr. 5,1927 Dec. 21.1905 Mar. 5,1927 Mar. 9,1904 Aug. 7,1923 Aug. 11,1911 June 11.1900 July 23,1923 Oct. 18,1904 Sept. 28,1900 Apr. 23.1901 Apr. 3,1902 Feb. 5,1919 Dec. 4,1906 Dec. 28,1885 $25,000 50,000 75,000 25,000 25,000 25,000 250,000 100,000 50,000 25,000 300,000 50,000 25,000 35,000 100,000 100,000 50,000 25,000 400,000 100,000 200,000 100,000 1,000,000 750,000 Total dividends paid during exist ence as a national banking association Failures Capital Receiver appointed Apr. July Nov. Feb. July Aug. Apr. 13.1910 20,1909 19,1919 9,1925 28.1923 4,1909 24,1907 $25,000 50,000 100,000 100,000 25,000 25,000 250,000 300,000 100,000 50,000 1,000,000 200,000 50,000 35,000 100,000 100,000 200,000 50,000 400,000 150,000 200,000 100,000 1,200,000 10,000,000 13,1933 do 14,1933 15,1933 do .-..do Feb. 16,1933 Feb. 17,1933 Feb. 23,1933 Feb. 27,1933 Feb. 28,1933 M a r . 1,1933 M a r . 3,1933 do. M a r . 8,1933 M a r . 9,1933 M a r . 10,1933 .doApr. 8,1933 Apr. 15,1933 Apr. 22,1933 Apr. 25,1933 May 8,1933 May 11,1933 Apr. June Jan. July June May June Feb. Apr. July 22,1914 5,000,000 15, 664,708 25,000,000 25, 250 25,000 25.1906 25,000 514,500 300,000 8,1864 175,000 6,000 75,000 11,1930 75,000 58,184 30,000 13.1907 30,000 50,000 24,1893 50,000 180, 500 573, 250 250,000 1,1893 150,000 100,000 8,1905 100,000 182,000 30,000 100,000 30.1924 100,000 500,000 4,1903 500,000 do May 19,1933 May 23,1933 June 3,1933 June 5,1933 June 8,1933 June 23,1933 June 26,1933 July 1,1933 July 5,1933 $11,375 54,500 79,950 50,500 20,000 325, 000 146, 500 1, 996, 250 176,500 62, 652 54,775 56,000 185,000 508,500 62,000 402,000 130, 500 29,000 49,000 2,027, 750 6,032, 500 Borrowed money Circula(bills Lawful tion out- Total depos- payable, money standing its at date redisdeposited at date of failure counts, of failure etc.) at date of falure Feb. Feb. Feb. $299,645 427,361 89, 557 284,451 931,445 100,000 208, 579 984,400 93,700 25,000 35,000 10,147, 360 658,934 244,166 175,958 9,009 464, 697 1, 507,174 769,103 100,000 91, 660 44,040 1,946,851 1,127,985 24,820 468,374 1,149, 900 * 17,916, 585 4,834, 240 110,603,100 $18,730 200,000 $21,000 51,196 235,683 141,634 10,645 68,208 671,691 981,500 29,165 86,000 2,198,968 259,679 84,908 77,100 12,862 194,033 637,810 70,498 110,000 508, 522 482,891 110, 715 (4) 91,839 9, 351, 060 398,763,166 16, 250,000 24,980 210,058 5,000 281,460 < 2,259, 219 * 338,550 75,000 706, 253 596, 295 6,840 102,037 88,714 49, 580 4 1,126, 762 * 194, 741 67, 380 100,000 390,000 (4) 554,057 * 1, 541, 661 * 2,096, 617 Vo,ooo * 194,293 < 459,593 to to First National Bank, Claxton, G&J City National Bank, Huntington Park, Calif.? First National Trust & Savings Bank, Chico, Calif.?,. 7 First National Bank, Garden City, Kans. First National Bank, Franklin, N.Y.7 7 Pelbam National Bank, Pelham, N.Y. Douglaston National Bank, New York, N.Y.7 First National Bank in Lott, Tex.? 7 First National Bank, Augusta, Kans. First National Bank, Kingfisher, Okla.s Farmers National Bank, Henderson, Iowa7 First National Bank, Farnhamville, Iowa First National Bank, Ripley, Tenn.* First National Bank, Rialto, Calif.7 Athol National Bank, Athol, Mass.?7 First National Bank, Everly, Iowa Brasher Falls National Bank, Brasher Falls,7 N.Y.7.___ Millers River National Bank, Athol, Mass. Mount Holly National Bank, Mount Holly, N.J.7 Larchmont National Bank & Trust Co., Larchmont, N.Y.7 Central National Bank, Spartanburg, S.C.7 Peoples National Bank, Delta, Pa.7 7 First National Bank, Burnside, Ky. 1 First National Bank, Jefferson City, Mo. 7 Ansted National Bank, Ansted, W.Va. 7 First National Bank, Ansonia, Ohio Millersville National Bank, Millersville,7 Pa.7 Citizens National Bank, Mulberry, Ind. First National Bank, Hoopeston, 111.7 First National Bank, Albany, Oreg.7 7 First National Bank, Clintonville, Wis. First National Bank, Mebane, N.C.7 First National Bank, Oakley, Kans.7 7 Rockland National Bank, Rockland, Maine Trinidad National Bank, Trinidad, Colo.7 Montezuma Valley National Bank, Cortez, Colo.7 First National Bank, Gig Harbor, Wash.7 7 South Side National Bank, St. Louis, Mo. First National Bank, Eutaw, Ala.7 First National Bank, Verona, Pa.7 7 Citizens National Bank, Monticello, Ky. First National Bank, Dunkirk, Ohio 7 7 Peoples National Bank, Seymour,7 Mo. First National Bank, Ellis, Kans. __ .._ First National Bank, Oberlin, La.7 7 First National Bank, Fairmont, N.C. _ Maple Shade National Bank, Maple Shade, N.J.7 7 Union and Peoples National Bank, Jackson, Mich. .. First National Bank, Haverhill, Mass.77 Essex National Bank, Haverhill, Mass. Footnotes at end of table, p. 229. 10333 12988 8798 3448 282 11951 13115 13647 6643 5328 7382 11907 10449 8768 2172 7828 10943 708 1356 Feb. Aug. July Nov. Dec. Mar. June Nov. Feb. Apr. Mar. Deo. Sept. July Mar. June Oct. Dec. June 10,1913 6,1926 8,1907 16,1885 24.1863 18,1921 21,1927 17,1932 9,1903 25,1900 7,1904 6,1920 6,1913 3,1906 6,1874 17,1905 16,1916 15.1864 1,1865 25,000 36,250 100,000 13,000 50,000 168, 500 50,000 224, 500 63,000 313, 041 50,000 57,000 100, 000 25,000 25,000 120,500 82,000 25,000 63, 500 25,000 55,600 40,000 48,500 25,000 128,000 25,000 229,000 100,000 79,500 25,000 25, 250 25,000 150,000 1,080, 750 571,000 100,000 50,000 July 11,1933 125, 000 July 13,1933 150,000 July 18,1933 50,000 July 21,1933 do 50,000 200,000 . _ do ___ 100,000 do 25,000 July 25,1933 75,000 July 27,1933 do 25,000 25,000 July 28,1933 40,000 do 25,000 do 75,000 Aug. 2,1933 100,000 Aug. 3,1933 25,000 do 25,000 do 150,000 Aug. 4,1933 100,000 do 6019 4996 5198 8903 1809 8904 9194 9259 10234 2808 2928 6273 11697 10041 1446 3450 9100 13057 13264 3931 4877 6419 6628 9932 10987 11324 12009 12428 1533 481 Oct. 28,1901 Apr. 17,1895 May 16,1899 Aug. 10,1907 Mar. 16,1871 Sept. 11,1907 June 16,1908 Apr. 10,1908 Apr. 26,1912 Sept. 26,1882 Apr. 4,1883 May 19,1902 Apr. 14,1920 May 25,1911 June 24,1865 Jan. 23,1886 Feb. 26,1908 Jan. 26,1927 Dec. 5,1928 Oct. 5,1888 Feb. 24,1893 Sept. 2,1902 Feb. 9,1903 Jan. 19,1911 Apr. 17,1917 Mar. 11,1919 Aug. 19,1921 June 27,1923 June 28,1865 June 23,1864 Nov. 7,1864 50,000 151,000 943,000 100,000 101, 500 50,000 55, 500 25,000 595, 415 75, 000 68,136 35,000 19,750 25,000 14,000 25,000 48,000 50,000 505, 314 50,000 608,400 50,000 190, 220 25,000 15,000 50,000 95, 700 40,000 150,000 1,156, 500 376,000 50,000 108, 600 30,000 1,125 25,000 315,000 200,000 50,000 407, 500 493, 500 50,000 25,000 86,000 30,000 25,000 30,000 19,050 5,000 50,000 23,500 25,000 20,400 40,000 1,000 50,000 100,000 1,306, 763 200,000 1,321, 500 495,000 100, 000 200,000 Aug. 5,1933 400,000 Aug. 8,1933 50,000 . . do..- . 25,000 do 200,000 Aug. 10,1933 35, 000 Aug. 15,1933 25,000 do ... _ 25,000 do 50,000 do _ _ 100,000 do 125,000 Aug. 16,1933 100,000 do 50,000 do 40,000 Aug. 18,1933 150, 000 do 100,000 _ do. 30,000 do 25, 000 do 600,000 Aug. 19,1933 100, 000 Aug. 23,1933 200,000 _ do. 25,000 do 50,000 do 25,000 .__ do 50,000 do 25,000 do 40,000 do 50,000 do . 700,000 Aug. 24,1933 200,000 Aug. 29,1933 100,000 do _. 6,250 150,000 12, 500 50,000 395 4,260 75,000 24, 520 25,000 40,000 10,020 50.000 99, 200 25,000 25,000 150, 000 100, 000 200,000 385, 560 50,000 25,000 34,400 25,000 25,000 49,400 65, 000 100,000 100,000 24, 550 10, 000 149,100 100,000 30, 000 24,460 197, 500 100,000 50,000 25,000 50,000 23,000 700,000 199,997 100,000 110,325 4 625,256 2,128,046 4 362,166 4 340,557 4 1,202,851 4 182,*075 4 64,072 4 520,043 232,482 4 55,253 4 106,623 95,503 4 107, 244 4 155,339 4 127,981 4 4 4 168, 256 1,144,323 4 61,318 4 45,397 4 113, 701 4(*) 27,441 4 * 228, 207 4 394,351 1, 384,553 4 210, 608 4 181, 627 4 1,185,343 4 261,784 4 215, 617 4 18,680 4 111, 742 4 163,447 4 4 1,422,124 4 2,376,563 4 4 4 4 191,451 964,292 87,689 4 193,58l 4 57,962 4 363,933 4 173,769 4 754,144 4 499,361 1 , 4224,132 84,142 4 115,876 4 4,740, 269 4 515, 784 4 165,429 4 109, 564 4 5,463,663 4 214,885 4 1 ,4 633,241 152, 530 4 191,119 4 86, 870 137,667 4 83,075 4 42, 672 127,767 4 7,342, 709 4 1,842, 661 4 2, 279, 673 4 824,775 747, 775 263, 692 6,045 128, 718 4 32,399 (0 4 ' 63,787 4 4 4 78, 571 173, 644 109,184 4 75,071 4 47,881 4 4 49,947 100, 594 40,015 4 4 4 102,502 228,031 4 4 51,491 40,313 28,342 4 65,918 4 68, 921 67,732 4 975,691 1? TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1938, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money to deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank 7 First National Bank, Lebanon, Ind. First National Bank, Louisa, Va.7 First National Bank, Lorimor, Iowa 7 7 First National Bank, Clearfield, Iowa National Bank of Commerce, Amarillo, Tex.i Prairie Depot National Bank, Freeport, Ohio 1 7 Cedar Grove National Bank, Cedar Grove, Ind. _. First National Bank, Peru, Ind. 7 First National Bank, Clay Center, Kans. 7 Merchants National Bank, Clinton, Iowa * First National Bank & Trust Co., Baraboo, Wis.7_ First National Bank, Stockport, Ohio 77 First National Bank, Waynoka, Okla. First National Bank, Thief River Falls, Minn.7___ First National Bank, Utica, Nebr. 7 7 First National Bank, Adams, Nebr. 7 First National Bank, Carnegie, Okla. . First National Bank, La Veta, Colo.7 7 First National Bank, Hicksville, Ohio. First National Bank, Elmore, Ohio 7 Exchange National Bank, Marietta,7 Pa. 7 First National Bank, Kansas, Ohio 7 First National Bank at Pontiac, Mich. First National Bank, Hart, Mich. 7 Tri-County National Bank, Oliver Springs, Tenn.7. Midway National Bank, Midway, 7Pa. 7 First National Bank, Fleming, Ky. 7 First National Bank, Newfleld, N J . First National Bank, Midland Park, N J . 7 First National Bank, Hatton, N.Dak.i 7 First National Bank, Oakland, Nebr. First National Bank, Newell, Iowa7 7 Kosse National Bank, Kosse, Tex. City National Bank and Trust Co., Niles, Mich. 7 .. Charter no. 2057 10968 12248 9649 6865 11216 11424 363 3072 3736 3609 8042 9709 5894 8811 9223 11763 12531 4867 6770 10707 11598 13600 6727 11998 6626 11988 12145 12603 6743 4610 10191 13279 13307 Date Total dividends paid during existence as a Capital national banking association $555,515 Aug. 30,1872 $100,000 41,521 50,000 Mar. 24.1917 Aug. 7,1922 35,000 9,800 25,000 69,250 Aug. 19,1909 75,000 26,1903 June 25,000 4,250 July 17.1918 25,000 6,750 July 29.1919 75,000 1,699, 750 Jan. 1,1864 50,000 235,625 Nov. 1,1883 June 7,1887 100,000 234,000 243,884 Dec. 8,1886 50,000 48,375 25,000 Dec. 18,1905 25,000 31,500 Mar. 7,1910 25,000 101, 500 June 29,1901 30,000 90,150 July 6,1907 25,000 100,000 Aug. 14,1908 30,000 20,250 June 16.1920 25,000 5,750 Mar. 8,1924 50,000 132,109 Feb. 14,1893 25,000 2,1903 43,449 Apr. 50,000 181,500 Feb. 16,1915 25,000 5,500 Sept. 11,1919 Feb. 26,1932 500,000 14,1903 30,000 98,747 Apr. 25,000 20,250 June 22.1921 50,000 54,000 Feb. 7,1903 25,000 58,000 June 16.1921 25,000 Feb. 18.1922 25,000 6,000 Oct. 6,1924 25,000 59,000 Apr. 1,1903 50,000 204,000 June 11,1891 25,000 35,000 Apr. 23,1912 25,000 Jan. 29,1929 Mar. 21,1929 150,000 ""36," 750 Failures Capital Receiver appointed $100,000 75,000 35,000 25,000 150,000 25,000 25,000 100,000 50,000 100,000 150,000 25,000 25,000 50,000 30,000 50,000 30,000 25,000 50,000 37,500 50,000 25,000 500,000 75,000 25,000 50,000 25,000 50,000 50,000 25,000 50,000 25,000 25,000 150,000 Aug. 29,1933 Aug. 30,1933 Sept. 5,1933 do .do., .do.. .do.. .do- Borrowed money Circula(bills Lawful tion out- Total depos- payable, redismoney standing its at date counts, deposited at date of failure of failure etc.) at date of failure $100,000 2,095 35,000 6,250 100,000 50,000 Sept. 9,1933 Sept. 11,1933 do. Sept. 12,1933 do. _do_. ..do.do_. . .doSept. 13,1933 do. _do. ..dodo. Sept. 14,1933 do Sept. 15,1933 do 49,640 10,000 50,000 25,000 500,000 75,000 10,000 50,000 25,000 Sept. 16,1933 Sept. 18,1933 do 50,000 25,000 —.do ._—do do 4 $495, 308 * 296,335 274,117 4 49,379 (4) () 4 90, 532 4 1,050, 767 4 436, 577 4 4 901,483 4 148,149 4 50,458 4 711, 208 4 344,429 4 140,925 4 73, 721 4 28,482 4 151,189 4 365,186 4 499,859 4 150,000 25,000 6,500 50,000 30,000 10,000 6,000 'S'ub'm 44, 575 5,830,072 4 333,268 4 49,207 4 253,865 4 72,076 4 127,791 4 296,064 (4) 4 162,400 4 151,038 4 20, 229 4 1,176,344 4 4 $11, 500 (4) 11,450 4 300 4 ( ) 4 26, 221 4 () 4 109, 666 4 63,292 105,269 (4) 4 16,146 4 20,917 4 26,526 (4) () 4 79, 653 (4) 4 53,580 (4) 4 90,790 4 8,744 4 931,251 4 49,363 4 10,329 4 ( ) 4 5,208 4 68,556 4 53,843 (4) () 4 17.000 (4) 4 First National Bank, Dardanelle, Ark. 7 11276 First National Bank, Trenton, N.Y.* 11238 Rubey National Bank, Golden, Colo.7 6497 Westside National Bank, West Paterson, N.J. 7 12848 Grand Rapids National Bank, Grand Rapids, Mich. 7 .. 3293 First National Bank, Bruin, Pa. 7 8919 First National Bank, New Matamoras, Ohio 7 5999 7025 First National Bank, Beallsville, Ohio 7 8785 First National Bank, Nappanee, Ind. 7 9854 Olney National Bank, Hartford, Mich. 7 6598 First National Bank, Crescent City, 111.7 8015 First National Bank, Carrier Mills, 111.7 8374 First National Bank, Sidell, 111.7 9525 First National Bank, Odin, 111.7 10382 First National Bank, Ironton, Minn. 7 10572 First National Bank, Beason, 111.7 13433 First National Bank, Glenvil, Nebr. 7 7 7226 First National Bank, La Harpe, Kans. 7575 Newman National Bank, Newman, 111.7 7 8620 Citizens National Bank, Brazil, Ind. Peoples-American National Bank, Princeton, Ind.7.__. 10551 12928 First National Bank, Meadow, Tex. 7 12951 Central Park National Bank, Central Park, N.Y. 7 First National Bank and Trust Co., Cambridge City, Ind. 7 70 First National Bank of Marshall County at Plymouth, Ind. 7 2119 First National Bank, Montpelier, Ind. 7 5278 First National Bank, Boswell, Ind. 7 5476 First National Bank, Clinton, Ind. 7 6480 Rosedale National Bank, Rosedale, Ind. 7 9006 First National Bank, Cayuga, Ind. 7 9189 Whiteland National Bank, Whiteland, Ind. 7 9492 First National Bank, Wakarusa, Ind. 7 11043 Lynch National Bank, Lynch, Ky. 7 12649 Cherokee National Bank, Cherokee, Okla.7 12049 First National Bank in Cement, Okla.7 12335 Madison National Bank, Tallulah, La. 7 12923 Farmers National Bank, Cherokee, Okla.7 9884 First National Bank, Kanawha, Iowa 7 9018 Merchants National Bank, Galena, 111.7 979 2129 First National Bank, Central City, Colo.7 First National Bank, Freeport, 111.7 2875 3279 Galena National Bank, Galena, 111.7 9674 First National Bank, Mancos, Colo." 12793 First National Bank, Almont, Mich. 7 12869 First National Bank, Brighton, Mich. 7 13082 National Bank of Covington, Covington, Ind. 7 5313 First National Bank, Ridge Farm, 111.7 7073 First National Bank, Oxford, Ala.7 10642 First National Bank, New Richland, Minn. 7 Footnotes at end of table, p . 229. Nov. Aug. Oct. July Jan. Oct. Oct. Sept. June July Nov. Nov. July Aug. Mar. May Feb. Apr. Jan. Mar. May Feb. June 26,1918 30,1918 28,1902 17.1925 2,1885 15,1907 7.1901 3,1903 27,1907 20,1910 8.1902 11.1905 23.1906 3,1909 31.1913 23.1914 17,1930 11.1904 12.1905 4,1907 5,1914 8,1926 25.1926 May 11,1882 June Mar. June Sept. Jan. June Apr. July Jan. Nov. Mar. Feb. Nov. Dec. Mar. Sept. Jan. Dec. Jan. May Dec. May Apr. Dec. June 19,1873 20,1900 11,1900 25.1902 4,1908 29.1908 14.1909 14,1917 21.1925 16,1921 9,1923 19.1926 2,1910 14,1907 7,1865 15,1873 11.1883 23.1884 18.1910 20,1925 18,1925 27.1927 3,1900 14.1903 11,1914 25,000 17,750 25,000 25,000 3,750 40,000 50,000 214,000 50,000 75,000 75,000 500,000 3,405,434 1,000, 000 25,000 25,000 28, 250 25,000 50,000 102, 750 25,000 25,000 42, 000 40,000 40,000 72,400 25,000 25,000 54, 250 25,000 25,000 62, 250 25,000 25,000 36,625 25,000 25,000 130, 970 25,000 25,000 45,875 25,000 25,000 42, 250 25,000 40,000 40,900 30,000 30, 000 2,700 25,000 25,000 47, 200 50,000 50,000 189,000 100, 000 100,000 143,000 125,000 125,000 246, 250 25, 000 25,000 50,000 50,000 Sept. 19,1933 Sept. 20,1933 Sept. 21,1933 Sept. 22,1933 Sept. 25,1933 do Sept. 26,1933 do do _ _do Sept. 27,1933 do do do do Sept. 29,1933 do Sept. 30,1933 Oct. 2,1933 do do do _ --do 100,000 Oct. 50,000 50,000 25,000 30,000 25,000 25,000 25,000 25,000 50,000 30,000 25,000 50,000 25,000 25,000 125,000 50,000 120,000 100,000 50,000 25,000 25,000 50,000 30,000 25,000 25,000 336,000 466, 325 121, 500 73,000 98,400 42, 250 112, 500 22, 500 19, 750 74, 500 33, 300 8,000 60,000 78,250 661, 750 366, 250 1, 215, 729 473, 000 132,000 1,900 17,500 115, 500 44,500 8,750 50,000 130,000 50,000 25,000 60,000 25,000 25,000 25,000 25,000 50, 000 30,000 25,000 50,000 40,000 50,000 100,000 25,000 300,000 100,000 50,000 25,000 35,000 50,000 50,000 25,000 25,000 3,1933 do do do do do do do do do _ Oct. 4,1933 do do Oct. 5,1933 Oct. 7,1933 Oct. 9,1933 do do do do.-_ ..do 4 12, 500 25,000 500,000 10,000 12, 500 40,000 25,000 25,000 25,000 25,000 20,000 25,000 25, 000 50,000 100,000 100,000 25,000 49,990 130,000 50,000 6,250 30,000 25,000 25,000 25,000 40,000 25,000 25,000 25,000 200,000 24, 820 50,000 20,000 do .do Oct. 10,1933 .do do -. 50,000 25,000 43, 089 273,054 637,337 214, 230 10,983, 206 * 70, 012 * 308,343 4 115,049 4 203,911 4 356, 540 4 97,103 4 87, 839 4 103,085 4 82, 302 4 111, 444 4 80, 852 4 87, 780 4 43, 589 4 193, 673 4 410,132 4 697, 310 4 37,138 4 207,071 4 4 4 4 4 4 4 4 99, 900 38, 215 79, 328 (4) (4) (4) (4) 4 9, 407 4 32,340 4 ( ) 4 30,002 (4) (4) 4 15,010 (4) (4) (4) (4) (4) 4 275,464 4 8,340 4 67,520 4 177, 262 764,441 4 255, 538 4 132, 523 4 1 , 036,886 4 131,461 4 110, 512 4 80, 815 4 89,299 4 149, 772 4 230, 880 4 88,850 4 124,499 4 93, 571 4 96,531 4 397,774 4 220, 316 4 2,422,073 4 2,132,201 4 208,328 4 160,473 4 136, 658 4 131,955 4 34,884 4 97,884 4 122, 343 0) 4 12,004 110, 780 4 79, 537 (4) 4 128,661 4 2,659 4 16,774 (4) (4) 4 78, 218 (4) 4 16,017 4 65,345 (4) 4 16,606 (4) (4) (4) 4 69,138 4 156,044 (4) (4) (4) 4 36,983 (4) (4) TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1933, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. Organization Name and location of bank Knoxville-Citizens National Bank & Trust Co., Knoxville, Iowa 7 Second National Bank, Bel Air, Md.7 Farmers & Merchants National Bank, Bel Air, M d . r 7 First National Bank, Havensville, Kans. 7 Citizens National Bank, Romeo, Mich. 7 Citizens National Bank, Hammond, N.Y. _. First National Bank, Goodhue, Minn.7 Mount Ephraim National Bank, Mount Ephraim, N.J; First National Bank, Somers Point, N.J.7 Mechanics National Bank & Trust Co., Millville, N.J.7 First National Bank, Plumville, Pa.7 7 First National Bank, Cherry Tree, Pa. National Bank of Newport, Newport, N.Y.7 7 First National Bank in Avon-hy-the-Sea, 7N.J. First National Bank, Birmingham, Mich. First National Bank, Channing, Tex.77 First National Bank, Fosston, Minn. Harriman National Bank & Trust Co. of the City of New York, New York, N.Y7 First National Bank, Avoca, Mich.7 7 First National Bank, Waverly, N.Y. National Central Bank, Cherry Valley, N.Y.7 First National Bank in Salem, Oreg.7 7 First National Bank, Humboldt, Iowa 1 First National Bank, Lake Benton, Minn. First National Bank, Grantsville, Md.7 7 National Bank of Wyoming, 111. •__. First National Bank, Oak Harbor, Ohio 7 Peckville National Bank, Peckville, Pa.7 Millington National Bank, Millington, Mich.7 First National Bank, Valier, Mont.7 7 First National Bank, Conrad, Mont. . Farmers National Bank, Geneva, Ala.7 Charter no. Date Total dividends paid during existence as a Capital national banking association 12849 3933 9474 5506 2186 10216 7603 Nov. 4,1925 $100,000 Sept. 7,1888 60,000 June 30,1909 25,000 June 19,1900 40,000 Aug. 19,1874 50,000 June 20,1912 25,000 Dec. 27,1904 25,000 $6,568 130,105 80,250 52,850 329,692 30, 750 66,000 12618 12559 5208 7887 7000 1655 13560 9874 10949 Dec. June June Aug. Sept. May June Sept. Jan. June 22,1924 12,1924 6,1899 25.1905 8,1903 8,1865 29,1931 7.1910 19,1917 12,1903 25,000 50,000 100,000 30,000 25,000 50,000 50,000 25,000 25,000 25,000 4,250 3,000 268,500 91,200 232,000 254,000 9955 10790 297 1136 3405 8277 4509 5943 6629 6632 7785 8723 9520 9759 10307 Mar. Oct. Feb. Apr. Oct. May Dec. Aug. Jan. Jan. Feb. May July Mar. Dec. 2.1911 4,1915 13.1864 13.1865 8,1885 24.1906 23,1890 6,1901 14,1903 15,1903 24,1905 6,1907 12.1909 23.1910 20,1912 200,000 4, 630,000 25,000 35, 500 50,000 487, 750 200,000 412, 250 75,000 419,875 25,000 108, 550 50,000 168,063 25,000 46,000 25,000 111, 750 25,000 91,125 50,000 240,125 25,000 33.500 25,000 34,250 25,000 55,500 50,000 54,500 207, 250 7,750 83,100 Failures Capital Receiver appointed $100,000 60,000 100,000 25,000 50,000 25,000 25,000 —do — .do Oct. 12,1933 do .-. Oct. 13,1933 Oct. 10,1933 Oct. 11,1933 25,000 ..do.. 50,000 ..do.. .do.. 250,000 .do60,000 100,000 do. 50,000 do. 50,000 do. 200,000 Oct. 14,1933 25,000 do 30,000 Oct. 16,1933 2,000,000 25,000 100,000 50,000 200,000 50,000 25,000 25,000 50,000 50,000 150,000 25,000 25,000 75,000 50,000 .—do. Oct. 24,1933 do. .do_do.doOct. 25,1933 dodo. .do.. -do.. .do_. .do.. ..do- Borrowed money (bills CirculaLawful tion out- Total depos- payable, redismoney standing its at date counts, deposited at date of failure etc.) at of failure date of failure $100,000 < $1,110,904 60,000 * 961,129 25,000 * 386,147 25,000 4 27,371 49,640 « 515,294 25,000 * 392,391 4 343,745 49,550 98, 560 10,000 98, 020 49,600 100,000 30,000 * 130,099 * 175,062 4 607,913 4 830, 741 4 199, 727 * 173,465 4 2,186,439 4 72,001 4 492,266 300,000 * 22, 369,173 100,000 50,000 100,000 50,000 25,000 50,000 25,000 49, 250 6,2.50 6,500 75,000 12,500 4 226,026 4 864,511 4 815, 975 4 1,058,227 4 691,664 (') 4 317,652 4 218,852 4 698,923 4 1,290,443 4 81,166 4 63,642 4 200,608 4 146,023 4$147,215 4105,605 4 29,379 4 45,740 4112,965 4 70,817 418,870 * 28,426 4 293,281 4 39,885 4 194,953 4195,208 4126,157 4194,552 (0 4 57,271 '26,800 4 16,914 4 78,362 4 79,312 4 55, 737 00 Harveysburg National Bank, Harveysburg, Ohio 7 7 First National Bank, Hankins, N.Y. 7 First National Bank, Oregon, Wis. 7 First National Bank, Ypsilanti, Mich. 7 Peoples National Bank, Monmonth, 111. First National Bank, Shawano, Wis.77 First National Bank, Dallas City, 111. 7 _. First National Bank, Woodstock, Minn. First National Bank, Neillsville, Wis.7 7 Falls National Bank, Niagara Falls, N.Y. First 7National Bank of Commerce, Tarpon Springs, Fla. First National Bank, Marseilles, 111.7 Farmers National Bank, Cambridge, 111. " First National Bank, Shullsburg, Wis.7 Pleasant Unity National Bank, Pleasant Unity, Pa.7 Earlville National Bank, Earlville, 111.77 First National Bank in Braid wood, 111. First National Bank and Trust Co., Bloomington,Ill.7. First National Bank, Mineral Wells, Tex.i First National Bank, Cresco, Iowa 7 7 First National Bank, Chelsea, Iowa First National Bank, Graettinger, Iowa7 First National Bank, Stanton, Iowa 7 New London National Bank, New London, Iowa 7 First National Bank, Hubbard, Iowa7 7 Farmers National Bank, Kingsley, 7Iowa Farmers National Bank, Aledo, 111. First National Bank, Grand River, Iowa 7 Farmers First National Bank, Rake, Iowa 7 National Bank of West, Tex.e First National Bank, Le Mars, Iowa 7 7 First National Bank, Marathon, Iowa 7 First National Bank, Rock Valley, Iowa First National Bank, Dunkerton, Iowa 77 First National Bank, Little Rock, Iowa7 First National Bank, St. Ansgar, Iowa First National Bank, Whiting, Iowa7 7 First National Bank, Ashton, Iowa 7 First National Bank, Port Norris, N.J. First National Bank, Aurora, Colo.7 Federal-American National Bank & Trust Co., Washington, D.C.7 Total 11617 12549 10620 155 4313 5469 5609 7625 9606 11489 Jan. 31,1920 Mar. 29,1924 May 25,1914 Nov. 25,1863 May 2,1890 May 19,1900 Oct. 2,1900 Feb. 21.1905 Sept. 28.1909 Oct. 16.1919 25, 000 25,000 25,000 50,000 75,000 50,000 25,000 25,000 50,000 100,000 12274 1852 2572 4055 6581 7555 11895 13499 5511 4897 5412 5571 6434 8352 8970 9116 9649 9737 11735 8239 2728 4789 5200 6722 8119 10684 10861 12883 10036 11682 Nov. June Oct. May Dec. Dec. Dec. Oct. July Apr. May July Apr. Aug. Dec. Apr. Jan. Mar. May May May Aug. June Apr. Jan. Dec. May Jan. Oct. Mar. 8,1922 27,1871 1,1881 23,1889 5.1902 6,1904 6,1920 29,1930 14,1900 7,1893 17,1900 13,1900 23,1902 22.1906 3.1907 6.1908 5,1910 10.1910 12.1920 18,1906 23,1882 1,1892 20,1899 1.1903 24,1906 9,1914 2,1916 15,1926 26,1910 5,1920 50,000 50,000 50,000 50,000 25,000 50,000 25,000 300,000 25,000 50,000 25,000 25,000 25,000 25,000 25,000 25,000 65,000 25,000 25,000 25,000 75,000 50,000 50,000 30,000 25,000 25,000 25,000 25,000 25,000 25,000 10316 Jan. 15,1913 500,000 8,750 "23,666" 712, 250 276,000 193,000 119,000 41, 500 84,000 37,000 4,500 274,875 187, 250 163, 500 61, 625 68, 500 47, 500 24,000 133, 550 185, 375. 53, 550 61,053 106, 500 18, 750 105, 650 30, 500 72,150 32, 750 "~99,~566' 533, 500 119,446 180,000 120, 392 66, 750 13,500 15,000 14,750 3,078,979 25,000 25,000 25,000 150,000 75,000 100,000 75,000 25,000 50,000 100,000 do do --..do— Oct. 26,1933 _ _ do . do _ do dodo - _ do 75,000 75,000 50,000 50,000 25,000 50,000 25,000 300,000 60,000 50,000 40,000 25, 000 25,000 25,000 50,000 25,000 65,000 25,000 25,000 50,000 100,000 25,000 50,000 40, 000 25,000 25,000 25,000 25, 000 100,000 25,000 . do Oct. 27,1933 do . . do do do . do -...do do Oct. 30,1933 do _ do do . do do do . . do. do — do do Oct. 31,1933 do __ dodo do . do do do . . do do 2,000,000 96,030,070 322,919,444 191,550,085 4 4 12, 500 150,000 50, 000 100,000 75,000 25,000 50,000 25,000 4 50,000 25, 010 12,000 25, 000 20, 000 37, 500 25,000 45, 000 25,000 16,000 50,000 100,000 12, 500 50,000 40,000 25,000 25,000 25,000 56,835,337 91,298,012 152,190 1,939, 542 (4) () 24,241 156,676 (4) 4 4 4 111, 599 88,599 321,808 4 92, 227 4 98, 236 4 101, 764 4 375,844 4 60, 233 4 78,916 4 143, 520 4 827,005 4 71,356 4 163,454 4 299,969 4 102,315 4 146,199 4 163,049 4 64, 239 4 248, 690 4 357, 770 4 4 24, 450 50,000 4 4 116,330 4 390, 396 4 544,713 4 375,984 4 227, 756 4 148, 338 4 50,000 50,000 25,000 ___-do 5, 500 13,000 (4) 4 139,946 (4) 4 86, 799 4 18, 237 4 31,313 (4) 4 205,444 4 52,387 4 24,781 (4) 50, 256 175, 260 147, 875 4 2, 220,020 4 397,092 *4 611, 312 89,051 4 54,691 4 254,845 4 1,107,939 4 4 4 9, 228,198 () 22,177 41,907 4 ( 4 ) 50, 688 4 4 4 35, 796 (4) 4 90, 727 4 11, 552 4 39,971 4 35,174 4 21,148 4 16,979 4 11,152 4 12,981 258,202 (*) 2, 617, 797 4 4 262,864, 206 1 2 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. Restored to solvency. 34 Eliminated as an insolvent national bank through revocation of the receiver's commission as of the date of issuance. Preliminaryfiguressubject to revision. 6« Suspended under terms of bank holiday proclamation without subsequent appointment of conservator. Licensed banks subsequently found insolvent. 7 Formerly in conservatorship. to •8 TABLE N O . 42-A.—State banks, under supervision of Comptroller of the Currency, in charge of receivers during the year ended Oct. 31,1933, to dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, total CO o deposits, and bills payable and rediscounts at date of failure Organization Name and location of bank International Exchange Bank, Washington, D.C. North Capitol Savings Bank, Washington, D.C__ Bank of Brightwood, Washington, D.C Departmental Bank, Washington, D.C l Continental Trust Co., Washington, D.C Park Savings Bank, Washington, D.C Total... Jurisdiction under laws of which incorporated Arizona....do do District of Columbia. Alabama _ Date June Sept. Apr. Aug. Jan. Aug. Capital 30,1921 $300,000 3,1912 100,000 100,000 26,1922 24,1920 500,000 25,1912 500,000 50,000 28,1909 .1,550,000 Total diviFailures dends paid during existence as a State bank- Capital Receiver ing assoappointed ciation $46,096 $116,830 July 14,1932 $452, 850 $112,129 90,000 111,857 112,143 1,027,862 do. 100,000 July 16,1932 839,380 25,000 2,000 106,060 July 22,1932 802, 373 150,000 2,077 5,766 1,028,047 615,000 1,000,000 Feb. 28,1933 593,555 165,000 100,000 July 13,1933 3,379, 554 942,316 1,512,890 i Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold or to complete unfinished liquidation. Bills Total de- payable and posits at redisdate of counts failure at date of failure 6,507,785 2,020,588 O O 3 232 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.:—National banks in charge of receivers during year ended Oct. SI, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks Farmers & Drovers National Bank, Waynesburg, Pa First National Bank, Sutton, W.Va—* Bannock National Bank, Pocatello, Idaho American National Bank, Billings, M o n t . . Citizens National Bank, Laurel, Mont _ Commercial National Bank, Wilmington, N . C First National Bank, Joseph, Oreg. First National Bank, Sapulpa, Okla __.. _. 743 Merchants National Bank, M a n d a n , N . D a k 744 First National Bank, Webster, S.Dak 746 Sioux Falls National Bank, Sioux Falls, S.Dak 756 First National Bank, Brookings, S.Dak 763 Commercial National Bank, Miles City, Mont 776 First National Bank, Coalgate, Okla 781 First National Bank, Huron, S.Dak 799 First National Bank of Fergus County in Lewistown, M o n t . 813 Drovers National Bank, East St. Louis, 111 816 City National Bank, Huron, S.Dak.i ___ 824 National Bank of Commerce, Rochester, N . Y 846 First National Bank, Ozark, Ala 850 First National Bank, Alma, Wis 867 Stockmens National Bank, Columbus, M o n t 869 First National Bank, Townsend, M o n t 887 National Bank of Commerce, Pierre, S.Dak 899 First National Bank, Matoaka, W.Va 905 Commercial National Bank, Greenville, Tex 909 Georgia National Bank, Athens, Ga 912 First National Bank, Hedrick, Iowa i 918 Burgettstown National Bank, Burgettstown, Pa 919 First National Bank, Selma, N . C ; 922 First National Bank, Florence, S.C 928 First National Bank, St. Cloud, M i n n 939 Globe National Bank, Denver, Colo 941 First National Bank, Warren, M i n n 943 First National Bank, Hallock, M i n n 945 Manilla National Bank, Manilla, Iowa 948 Muskogee Security National Bank, Muskogee, Okla 955 Gregory National Bank, Gregory, S.Dak 959 Warren National Bank, Warren, M i n n 971 Security National Bank, Mason City, Iowa 975 Broadway National Bank, Denver, Colo 977 First National Bank, Waukon, Iowa 984 Farmers National Bank, La Moure, N . D a k 995 First National Bank, Frankfort, S.Dak 998 First National Bank, Shenandoah, Iowa 1004 First National Bank, Jonesboro, Ark 1010 D e Smet National Bank, De Smet, S.Dak 1018 First National Bank, Pepin, Wis 1019 First National Bank, Woonsocket, S.Dak 1024 First National Bank, Waubay, S.Dak 1026 Oakes National Bank, Oakes, N . D a k 1027 National Farmers Bank, Owatonna, M i n n 1029 First National Bank, Veblen, S.Dak 1030 Farmers National Bank in Lidgerwood, N . D a k 1031 Farmers & Merchants National Bank, Merced, Calif 1036 National Bank of Franklin, Franklin, Tenn 1037 Farmers & Merchants National Bank, Lake City, S.C 1049 First National Bank, Milbank, S.Dak 1051 Citizens National Bank, Spencer, Iowa 1060 Clarinda National Bank, Clarinda, Iowa 1061 First National Bank, Marked Tree, Ark ..469 549 620 606 667 670 Footnotes at end of table, pp. 318, 319. Capital stock at date of failure Dollar i 200 000 50,000 100,000 150,000 35,000 200,000 25,000 100,000 50,000 25,000 150, 000 100,000 250,000 100, 000 65, 000 300,000 200, 000 50, 000 1, 500, 000 35,000 25,000 50, 000 50,000 100,000 50,000 150, 000 400,000 25,000 100, 000 30,000 150,000 250, 000 200, 000 50,000 60, 000 25, 000 200, 000 50,000 50, 000 100, 000 200, 000 100, 000 50,000 25,000 50, 000 100,000 50, 000 25, 000 50, 000 25,000 25,000 75, 000 40,000 25,000 100, 000 100,000 100, 000 50,000 100,000 50, 000 50,000 Date receiver appointed Dec. 12,1906 Aug. 29,1914 June 11,1921 Sept. 23,1922 Jan. i 1923 Jan. 31,1923 June 14,1923 July 30,1923 Dec. 26,1923 Jan. 2,1924 Jan. 24,1924 Feb. 9,1924 Feb. 15,1924 Feb. 27,1924 Mar. 14.1924 Apr. 12,1924 May 22,1924 June 10,1924 June 21,1924 Oct. 23,1924 Nov. 7,1924 Jan. 7,1925 Jan. 8,1925 Feb. 11,1925 Mar. 3,1925 Apr. 6,1925 Apr. 17,1925 Apr. 24,1925 M a y 14,1925 May 16,1925 M a y 22,1925 June 24,1925 Oct. 1,1925 Oct. 10,1925 Oct. 16,1925 Oct. 20,1925 Nov. 7,1925 Nov. 25,1925 Dec. 5,1925 Dec. 29,1925 Jan. 16,1926 Jan. 18,1926 Feb. 25,1926 Apr. 12,1926 May 13,1926 June 4,1926 July 6,1926 July 23,1926 do Aug. 20,1926 Sept. 4,19% Sept. 10,19% Sept. 18,19% Sept. 21,19% Sept. 23,19% Oct. 18,1926 do Nov. 15,19% Nov. 19,19% Nov. 29,19% Nov. 30,1926 HEPOKT OF THE COMPTROLLER OF THE CURRENCY 233 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933. Book value of assets at date of failure Estimated good Estimated doubtful Estimated worthless Progress of liquidation to date of this report Total Additional assets assessment received upon sharesince date holders of failure Total assets and stock assessment Cash collections from assets Dollars 814, 783 310,050 678,103 165,067 63, 740 926,972 108,961 219,280 45, 048 125,681 1, 748, 843 337, 212 806, 234 463,871 938, 783 1, 473, 857 365, 514 Dollars 2,013, 406 80,899 735, 340 270, 200 102, 694 1, 226, 912 114,304 566,071 175, 697 113,962 746, 250 428, 037 946,948 345, 544 851, 487 2, 307, 203 351, 033 Dollars 130, 499 27, 210 307, 421 309,219 205, 526 548,872 138, 678 235, 987 211, 368 74, 918 458, 547 381, 524 677,140 161, 521 265, 511 833, 221 164, 452 Dollars 2,072,083 63,171 1, 020, 246 120, 322 21,173 222,972 28,054 138,052 95, 050 59,068 303,845 132, 765 291, 672 72,132 337, 391 334, 783 36, 548 Dollars 200,000 50, 000 100, 000 150, 000 35, 000 200, 000 25,000 100, 000 50, 000 25,000 150, 000 100, 000 250, 000 100,000 65,000 300, 000 200, 000 Dollars 5, 230, 771 531,330 2, 841,110 1, 014,808 428,133 3,125, 728 414,997 1,259, 390 577,163 398, 629 3, 407, 485 1, 379, 538 2,971, 994 1,143,068 2, 458,172 5, 249,064 1,117, 547 Dollars 1,607,917 441,911 1, 038, 770 292,638 157, 783 668,436 200,098 349, 084 275, 692 166, 710 1, 698, 649 490,140 1, 469, 571 504, 505 1,110, 586 2, 471, 489 550,840 67, 500 209, 287 100, 759 39, 730 26, 919 597, 405 566, 624 43S, 483 1, 916, 328 1,464 975, 738 165, 454 1, 360, 861 686, 888 2, 539, 757 70, 957 108, 822 50,137 1, 619, 895 249, 092 75, 744 732, 522 1,828, 891 236, 406 55, 311 74, 551 535, 529 229, 374 167, 239 135.932 150, 314 33, 334 74, 286 656,612 40, 342 139,590 278, 992 213, 255 308, 687 246, 562 176,889 327, 800 33, 860 1, 337, 085 93, 641 75, 474 75, 311 52, 930 223, 923 5,820 263, 743 743, 757 34.182 497; 425 104, 954 87, 000 1, 451, 826 1, 397, 671 306. 034 289, 048 83, 259 420, 098 193,265 322, 513 397, 029 293, 071 545, 797 106, 003 159, 555 377, 004 277, 776 227, 373 128, 487 137,140 92, 297 168, 389 885, 553 107, 964 185, 902 658, 287 286, 596 309, 764 165, 347 201,002 261, 480 143, 751 2, 271, 292 69, 001 113, 448 81, 382 105, 961 351, 952 27 227,107 585, 896 35, 385 524, 290 29, 654 208, 973 398, 048 962, 987 198, 315 93, 098 55, 521 568, 726 17, 215 74, 285 180, 520 441,108 153,382 87, 969 53, 549 227, 526 198, 077 142, 256 3,151 34, 364 84, 369 27, 065 67, 493 75, 036 17, 227 436, 698 239,088 193, 358 47, 850 376,700 198, 543 75, 547 1, 242, 674 52, 220 21, 494 19, 427 26, 283 129, 075 330, 851 217, 117 290, 427 986 81, 081 25, 657 36, 534 209,193 349, 513 40, 420 35,103 12, 389 346. 824 69, 693 59, 802 112, 727 90, 741 68, 847 21, 444 30,191 431, 411 39,941 42,161 27, 264 54, 904 25,851 61, 537 248, 495 47, 560 22, 735 383, 380 181,420 63.140 92; 580 89, 536 43, 057 69, 355 35, 000 25, 000 50,000 50, 000 100, 000 50, 000 150, 000 400, 000 25, 000 100, 000 30, 000 150, 000 250, 000 200,000 50, 000 60, 000 25, 000 200, 000 50, 000 50, 000 100, 000 200, 000 100, 000 50, 000 25,000 50, 000 100, 000 50, 000 25, 000 50, 000 25, 000 25, 000 75, 000 40, 000 25, 000 100, 000 100,000 100,000 50, 000 100,000 50, 000 50, 000 4, 918, 551 459,149 336,175 265, 850 262, 093 1,402,355 953, 322 1, 296, 450 3,936, 408 97, 017 2,178, 534 355, 719 1,843, 368 2,995,955 5,449. 928 665, 726 586, 071 226, 306 3,155, 543 579, 265 582, 344 1, 522, 798 2, 853, 811 1,134, 432 320, 727 342,846 1, 621,470 845,168 629, 029 319, 834 426, 722 260, 851 356, 277 1,933,153 310, 902 390, 454 1, 857, 357 1,020, 359 974, 949 602, 339 944,127 880, 880 372, 513 2, 558, 678 155,150 141,905 85, 213 76, 501 758,701 550, 266 522, 356 2,032, 281 18,209 1, 258, 750 143, 758 1,149, 756 1, 217, 414 3,051,893 195, 764 232,883 102, 258 1, 994, 743 237,969 219, 322 959, 261 1, 613,423 493,066 107,345 97,249 689,671 384, 640 309, 970 154, 773 205, 607 61, 749 115, 205 977,379 147,698 248, 415 922, 723 475,485 351,100 307,446 420, 060 358, 337 63,883 Cash collections from stock assessment Dollars 149,320 25,180 40,510 58, 775 3,900 107,932 11,192 42, 547 9,860 9,041 52,586 100,000 129, 393 11, 224 25, 668 172,180 100, 706 469 549 620 656 667 670 689 696 743 744 746 756 763 776 781 799 813 816 824 846 850 867 869 887 899 905 909 912 918 919 922 928 939 941 943 945 948 955 959 971 975 918 18,608 31,116 20,850 43, 211 44, 500 86, 220 315,720 15, 703 83,471 11,302 91, 464 165,014 89,421 22, 024 42, 769 16, 700 145,320 30,817 10, 618 78,978 38,318 86,496 40,741 934 9,369 995 50,000 998 56,977 1004 29, 541 1010 11,359 1018 23,821 1019 6,500 1024 11,285 1026 21,181 1027 23,004 1029 18,024 1030 48,845 1031 86,497 1036 75, 443 1037 13.952 1049 55,734 1051 23, 825 10S0 7, 542 1081 234 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collectionsf and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets alR.F.C. and set- lowed loan tled and unpaid balance R.F.C. loan Dollars 469 549 6?0 656 667 670 689 696 743 744 746 756 763 776 781 799 813 816 824 846 850 867 869 887 899 905 909 912 918 919 922 928 939 941 043 945 948 955 959 971 975 977 984 995 998 1004 1010 1018 1019 1024 1026 1927 1029 1030 1031 1036 1037 1049 1051 L060 1061 Dollars 546,326 12,908 107,462 17, 202 11, 244 833,135 8,741 238, 671 42, 318 18, 308 387, 231 44,200 131, 021 67,862 84, 693 509, 469 32, 929 __ Conservators' distributions Loss on Book assets Book value of comvalue of remainpounded remaining ing unor sold uncollected To se- To ununder secured assets stock as- cured order of credi- credisessment court tors tors Dollars Dollars 2,303,563 479,999 1,186, 742 368, 615 172, 927 1, 609, 503 220,031 630. 302 327,870 194, 059 2,138, 466 634, 340 1, 729, 985 583, 591 1, 220, 947 3,153,138 684, 475 2,756,181 26,500 1, 594,878 35,358 128, 502 1, 421, 563 181,158 571, 635 209,153 184, 657 972, 299 712, 556 1,121, 402 470, 701 446, 253 672,172 294, 484 2, 558, 678 2, 359, 873 17, 679 173, 747 128, 920 21, 949 182, 462 147, 321 3,455 119, 784 127,182 41, 828 139,179 79, 430 60, 260 862,172 416, 387 199, 637 794, 403 58, 740 100,148 708, 724 523, 946 346, 151 2, 694,152 1,157, 976 33, 912 53, 808 64,163 1, 406, 384 414, 335 175, 425 20, 365 140, 707 216,153 103, 676 1, 344, 896 277, 997 126, 232 1,508,660 648, 876 3, 790,190 1, 455, 385 239, 643 369, 926 21, 855 293, 388 275, 452 17, 736 150, 739 31, 781 67, 267 311, 556 2, 451, 619 210, 182 318, 773 49, 987 205, 356 254, 334 24, 394 223, 533 114, 715 1,152, 954 348, 822 1,961, 104 722, 469 309, 363 611,192 257, 330 31, 630 165, 870 145, 598 17, 784 112, 701 214. 514 6,083 92, 765 832, 436! 390, 237 30,171 471, 788 13,195 31,168 370, 679 237.891 10, 450 176, 582 47, 728 27, 096 256, 524 138, 273 3,282 71, 531 138, 206 16, 345 142, 835 194, 371 137, 093 1,135, 653 423, 940 6,220 176, 922 116, 984 20, 998 287, 437 96, 041 95, 336 1, 066, 904 190, 798 97,151 659,133 347. 723 86, 682 513, 225} 148, 232 26, 440 347, 838 54, 964 56, 395 532,1891 367, 672 64, 573 446, 735 107, 805 71, 5481 142, 973 52, 813 Footnotes at end of table, pp. 318, 319. Disposition of proceeds of liquidation Dollars 120,347 11 519,610 95,604 2,594 3,954 199, 306 32, 642 751, 640 1, 295, 934 39, 294 122, 400 14, 334 67,007 94, 679 341, 286 20,889 223, 783 1,124, 312 93, 774 28,181 439, 062 35, 953 65, 095 8,556 252, 406 398, 797 317,162 81, 883 5,746 32, 614 5,356 319, 741 548, 500 288,935 163, 489 300, 165 134, 269 Dollars 50,680 24,820 59,490 91,225 31,100 92,068 13,808 57, 453 40,140 15,959 97, 414 120, 607 88, 776 39, 332 127,820 99,294 34, 082 6,392 18, 884 29,150 56, 789 5,500 63, 780 84, 280 9,297 16, 529 18, 698 58, 536 84, 986 110, 579 27, 976 17, 231 8,300 54, 680 19,183 39, 382 21, 022 161, 682 13, 504 9,259 15, 631 43,023 20, 459 13, 641 26,179 18,500 13, 715 53, 819 16, 996 6,976 51,155 13, 503 24, 557 36, 048 44, 266 26,175 42, 458 Dividends paid by receivers On se- On unsecured cured claims claims Dollars Dollars Dollars 225 56,844 10, 740 2 f 906 37,855 16, 979 7,120 9,005 3,524 48, 824 1,994 26, 528 72, 663 9,610 7,980 7,200 20, 758 Dollars 1, 286,325 350,164 157, 934 98,896 8,501 384,151 13, 787 136, 983 141, 514 78, 306 955,965 99,904 868,931 47, 629 259, 545 1, 437, 432 374, 775 6, 974 63, 298 23, 475 51, 601 357, 762 427, 032 6,714 438, 629 15, 383 81,150, 359 150 1,156, 089 41, 621 186, 297 80,181 424, 235 2, 231, 719 6,264 38, 624 15, 477 144,436 76, 872 18, 499 1, 209, 071 8,598 73, 206 5,430 48, 072 644, 816 1, 452, 248 359, 910 107, 732 31, 379 3,284 241, 834 2,000 142, 391 23, 831 182, 314 7,006 119, 685 100, 583 5,366 28, 409 1 170 44, 282 1 883 667, 385 93, 914 5,431 133, 350 12, 388 504, 833 322, 487 10, 843 268, 607 134,102 7,565 264, 524 222, 417 868 8, 417 317 REPORT OF THE COMPTROLLER OF THE CURRENCY 235 dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 193S—Continued Disposition of proceeds of liquidation—Continued Secured and preferred lia- Cash adReceivbilities paid vanced in Conser- ers' salexcept protecaries, legal vators' through tion of and other expenses dividends, assets expenses including offsets allowed Dollars 754, 094 34,228 878, 816 107,131 129, 330 1, 041,448 167, 884 401, 353 88,164 65, 538 944, 602 394, 557 673, 015 463, 579 715, 575 1, 509, 317 231,196 Dollars Dollars 80,660 2,812! 1, 3311 33,116 4,010 215L ~12~457|I 2,107' 15,6411. 5,490 57, 610 1,643 19, 858 23, 219 10, 501 48 2,450, 228 358 136,946 73, 740 905 48, 732 29 63, 794 2,803 334, 481 40,906 293,144 2,053 163, 786 21, 221 1, 376, 048 93, 050 24,234 137, 010 2,597 90, 564 6,575 1, 074, 032 701, 637 152,2601 19,176 1, 240,482 6,608 138, 457 5,936 88, 930 125 52, 213 7,572 33,857 167, 840 7,716 134,488 22, 922 429, 840 612 348,430 29, 790 137, 713 6,739 28,400 13,874 42, 259 74,520 410,007 1,975 245,411 66! 140,184 5,746 24,110 1,192 113,175 21,832 1,907 56, 608 31,404 316, 539 2,068 50, 787 141 105, 221 28,462 428,464 573 267,675 927 173, 527 1,189 150, 759 12,311 214,159 8,204 171,361 116,916 81 Dollars Cash in hands of comptroller and receivers Amount of claims proved Dividends (percent) Dollars 1, 570,648 75 350, 398 100 989,959 17.5 511,530 20 287,164 4 1,655,640 25 129, 096 10. 65 549, 096 24.9 309,364 48. 095 10, 247 223, 699 35 14, 512 9,866 1, 908, 312 50 24, 860 978, 439 17.51 1, 500, 370 57. 915 682, 887 10.81 55,417 1, 518,419 21 33,969 2, 850, 411 49 6,521 468, 493 80 108, 402 14,104 37, 319 26, 790 16, 687 103, 450 47, 978 69, 705 72, 849 9,528 62, 228 35, 221 54, 48; 93,497 211, 269 36, 894 21, 529 104, 797 35, 231 51, 633 55, 376 117, 035 60, 382 22,999 21,905 100, 649 53,295 41,109 20,497 27, 623 14, 682 37,921 106, 456 24, 722 36, 337 92, 691 57, 555 54,152 40,192 41,195 34, 724 15,857 Date finallyclosed or restored to solvency Dollars 134, 980 47,504 90, 34/5 2,225 91,817 104, 079 ~"I4,~653 24,189 3,991 15, 111 130, 935 21,166 84, 846 66,483 30, 072 212, 392 60,705 128, 435 44, 212 97, 889 139, 591 61, 482 Interest dividends (percent) 7,385 4, 294 25, 573 17,482 1,8 48, 460 8,019 23,507 56, 850 87, 544 12, 796 47, 692 41 6,9951 42, 779 23, 397 3,426 4,885 6,544 8,585 5,438 234 13,869 12, 454 16,012 14,031 9,161 1,385 298, 422 5 218,112 32.68 143, 613 30.8 73, 718 70 744, 897 48 502, 442 85 670,789 65.39 1, 091, 542 100 25, 000 .6 1, 651,150 70 180.939 23 414, 095 45 1, 842, 882 26 3, 705, 505 60 392, 819 10 339, 849 42.5 131, 384 58.5 1, 373, 093 88 244,640 29 314, 331 15 768, 241 83.15 1,960, 242 74 712, 616 50 176,460 60.95 248,755 13. 553 601,364 40 361, 627 40 317,399 57.43 • 230,139 52 167, 743 60 167,112 17 191,869 23.89 1, 249,428 53 129.940 72.27 226,298 62.34 1,029, 078 628,973 537, 244 243, 784 406, 530 557,384 87, 344 49 51.27 50 55 65.25 40 10 469 549 620 656 667 670 Sept. 24,1933 689 N o v . 19,1932 696 743 744 746 756 Sept. 21,1933 763 Mar. 14,1933 776 781 799 813 816 Mar. 1,1933 824 846 June 1,1933 850 Jan. 3,1933 867 869 887 899 Dec. 20,1932 905 909 912 May 22," 1933 918 919 922 928 939 941 Apr. 1,1933 943 Dec. 16,1932 945 948 955 959 Nov. 1,1933 971 975 977 Oct. 20,1933 984 Sept. 23,1933 995 998 1004 Nov. 1,1932 1010 1018 1019 1024 1026 1027 May 1,1933 1029 Feb. 1,1933 1030 1031 Aug. 15,1933 1036 1037 1049 Jan." ~~3,~ 1933 1051 1060 1061 Apr. 24,1933 236 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks 1063 First National Bank, Leeds, N.Dak 1064 Farmers National Bank, Brookings, S.Dak— 1065 First National Bank, Alta, Iowa.. .-. 1070 First National Bank, Malvern, Iowa 1072 First National Bank, Haleyville, Ala 1075 First National Bank, Plattsmouth, Nebr 1079 Citizens National Bank, Ortonville, Minn 1092 First National Bank, Boyceville, Wis 1095 First National Bank, Beardsley, Minn 1096 Farmers National Bank, Red Lake Falls, Minn 1098 First National Bank, Edgeley, N.Dak 1100 First National Bank, Britt, Iowa 1105 First National Bank, Clinton, Minn 1106 Citizens National Bank, Albert Lea, Minn 1108 First National Bank, Allegan, Mich 1110 Farmers & Merchants National Bank, Mount Morris, Pa.. 1111 First National Bank, Rush City, Minn 1115 First National Bank, Dunbar, P a 1122 First National Bank, Lepanto, Ark 1 1123 Provident National Bank, Waco, Tex. 1125 First National Bank, Sheldon, Iowa 1128 First National Bank, Columbia City, Ind 1130 First National Bank, Lake Worth, Fla 1133 First National Bank, Bend, Oreg 1138 City National Bank in Kearney, Nebr 1140 Farmers & Merchants National Bank, Alcester, S.Dak. 1141 First National Bank, Grafton, N.Dak 1144 First National Bank, Chowchilla, Calif 1148 First National Bank, Spencer, Iowa_. 1151 Peoples National Bank, Waukon, Iowa 1152 First National Bank, East Grand Forks, Minn 1153 Fayette City National Bank, Fayette City, Pa 1154 First National Bank, Webster, Pa 1156 First National Bank, Bishop, Calif 1157 Citizens National Bank, Waynesburg, Pa 1161 First National Bank, Inwood, Iowa 1175 National State Bank, Stockton, Kans 1177 First National Bank, New Cumberland, W.Va 1179 First National Bank, Chetotah, Okla 1180 First National Bank, Hope, N.Dak 1181 First National Bank, Manning, S.C 1186 New Georgia National Bank, Albany, Ga 1187 First National Bank, Minnewaukan, N.Dak 1188 First National Bank, Greenville, Tex.* 1189 First National Bank, Mullens, W.Va 1201 Astoria National Bank, Astoria, Oreg 1206 New First National Bank in Springfield, Mo — 1208 First National Bank, Carrington, N.Dak 1210 First National Bank, Toronto, S.Dak 1213 Commercial National Bank, Statesville, N.C 1214 First National Bank, Bristow, Okla 1221 First National Bank, Marshalltown, Iowa 1222 First National Bank, Arcadia, Ind1225 First National Bank, Calexico, Calif 1226 First National Bank, Denton, Tex 1227 First National Bank, Plainview, Nebr 1228 Lake County National Bank, Madison, S.Dak 1230 Citizens National Bank, Woonsocket, R.I 1231 First National Bank, Dublin, Ga.._ 1232 First National Bank, Aledo, 111 1235 Carolina National Bank, Darlington, S.C Footnotes at end of table, pp. 318, 319. Capital stock at date of failure Date receiver appointed Dollars 25,000 Dec. 1,1926 50,000 Dec. 3,1926 50,000 — . d o 50,000 Dec. 10,1926 25,000 Dec. 17,1926 50,000 Dec. 21,1926 25,000 Jan. 4,1927 25,000 Jan. 18,1927 25,000 Jan. 21,1927 25,000 Jan. 24,1927 85,000 Jan. 31,1927 50,000 Feb. 1,1927 25,000 Feb. 10,1927 50,000 Feb. 18,1927 50,000 do. 25,000 Feb. 21,1927 50,000 . — d o 50,000 Mar. 7,1927 35, 000 Mar. 25,1927 300,000 Mar. 26,1927 150,000 Mar. 29,1927 100, 000 Mar. 31,1927 100,000 Apr. 2,1927 100,000 Apr. 29,1927 150, 000 May 14,1927 50,000 May 17,1927 50,000 May 25,1927 25,000 May 28,1927 150, 000 June 25,1927 125, 000 July 19,1927 50,000 July 28,1927 do 75,000 25,000 Aug. 8,1927 50,000 Aug. 15,1927 500, 000 Aug. 17,1927 50,000 Sept. 6,1927 50, 000 Nov. 14,1927 50,000 Nov. 21,1927 50,000 Dec. 1,1927 50,000 Dec. 12,1927 50, 000 Dec. 14,1927 200, 000 Jan. 4,1928 25,000 Jan. 6,1928 150,000 Jan. 11,1928 16,1928 25,000 Jan. Feb. 24,1928 200,000 Mar. 17,1928 125, 000 Mar. 26,1928 50,000 Apr. 3,1928 25,000 19,1928 100,000 Apr. 50,000 Apr. 25,1928 11,1928 200,000 June 3,1928 25,000 July July 24,1928 300,000 Aug. 15,1928 50,000 Aug. 22,1928 40,000 Aug. 29,1928 75,000 Sept. 18,1928 100,000 Sept. 24,1928 200,000 Sept. 27,1928 50,000 Nov. 2,1928 100,000 BEPOKT OF THE COMPTROLLER OF THE CURRENCY 237 1938, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1983.—Continued Book value of assets at date of failure Estimated good Dollars 64,314 568, 348 205, 712 122,241 48,872 106, 463 136, 446 83, 976 129, 615 56,001 112, 595 213, 518 67,100 523,039 426, 298 241, 396 174,063 266,910 20,127 346,669 512, 727 938,698 421, 441 675, 280 136, 778 227, 724 43, 316 245, 121 98, 784 279, 559 458, 944 165, 808 306,184 3,369,712 62, 052 109, 777 115,516 186, 513 43, 061 109, 001 568, 491 83, 2G2 149, 568 1, 296, 515 323,105 79, 235 95, 992 769, 917 380, 301 908, 443 122, 205 846, 745 151, 744 117, 512 238,383 580,971 277,770 421, 553 248,066 Estimated doubtful Estimated worthless Dollars 70,332 454,379 310,194 110, 206 97, 747 184, 204 153, 619 80, 986 131, 605 60, 794 201, 321 590,163 138, 357 438,983 80,065 110, 423 145, 369 163,121 86,094 794,076 498, 470 497, 533 689, 716 1, 643, 546 240, 680 450,675 155, 469 613, 042 473,901 215,106 654, 918 69, 926 330, 486 1 841 82? ' 136, 331 209, 322 161. 392 81, 455 187, 387 113, 710 633, 460 93, 810 87,107 953, 690 321,868 291, 387 109, 552 195,038 245, 257 807, 084 102,141 151, 541 128, 337 229, 458 196, 325 703, 792 911, 439 98,004 361, 998 Dollars 34,490 94,463 55,057 108,100 13,999 103, 238 61,801 28, 623 18,148 70,934 24, 877 49,886 19, 759 26,337 248,461 39, 348 122,590 28,015 46, 731 10,492 188,005 184, 335 333,688 21, 783 97, 892 260, 775 62,428 55, 375 223,916 45, 609 1,042, 404 137, 072 91,002 479, 048 94, 673 143, 374 392, 001 42, 363 84, 371 88, 220 318, 088 4,691 22, 244 445, 399 128, 764 60, 297 20. 578 106', 718 73,177 127, 382 12, 554 106,191 104, 273 41, 285 103, 740 122,891 561, 448 97, 699 115, 736 Progress of liquidation to date of this report Total Additional assets assessment upon received sharesince date holders of failure Dollars 15,441 93,790 149, 409 52,309 3,352 33,876 46,941 19, 584 32,963 31, 480 62, 401 113, 702 46, 570 158,402 62,496 27, 573 48, 401 43,535 9,688 1,785 216,746 99, 665 403, 282 93, 370 89, 395 100,893 33, 019 36, 673 321, 620 99, 328 73, 203 93, 847 17, 223 303, 947 634, 231 83, 227 88, 079 49, 271 28, 017 55,818 9,337 147, 642 38, 807 7,015 11,048 168, 969 24,849 127,262 96,502 868, 828 145, 958 285. 541 42, 254 253,185 72, 379 47, 244 35, 760 71, 977 85, 638 35, 591 106, 326 Dollars 25,000 50,000 50,000 50,000 25,000 50,000 25,000 25,000 25,000 25,000 85,000 50,000 25,000 50,000 50,000 25,000 50,000 50,000 35,000 300,000 150,000 100, 000 100,000 100,000 150, 000 50, 000 50,000 25, 000 150,000 125, 000 50,000 75,000 25, 000 50, 000 50,000 50,000 50,000 50,000 50, 000 50,000 200, 000 25,000 150,000 25, 000 200,000 125, 000 50,000 25, 000 100, 000 50, 000 200,000 25,000 "50," 000 40,000 75,000 100,000 200, 000 50,000 100,000 Total assets and stock assessment Cash collections from assets v^asn collections from stock assessment Dollars Dollars Dollars 209,577 105,392 21,196 40,381 1,260,980 860,981 770,372 369, 776 40,569 442,856 195,973 29, 295 14,388 188,970 93, 427 477, 781 198, 699 12,898 423, 807 240,995 25,000 14,184 238,169 128,401 6,177 337, 331 212,053 244, 209 124,969 6,363 486,194 241, 678 67,683 1,017, 269 470, 633 30,891 10, 982 296, 786 158,239 1,196, 761 733, 287 31,408 867,320 436,654 19, 845 443, 740 245,925 23, 275 540, 423 279,103 21,977 27, 517 551,581 279, 204 197,640 54,185 15, 874 282, 700 301, 785 1,785 1,517,983 841, 458 41,941 63, 272 1, 398,867 796, 705 2,123,848 822, 255 75,877 1,638,215 702, 853 39, 693 2, 580, 004 1,192, 393 85, 656 28, 788 626, 243 331, 369 30, 235 1, 022,193 466, 226 10, 257 322, 886 214, 588 96, 578 1, 385,158 712, 866 107, 518 1, 020, 929 331, 264 15, 673 663, 477 417, 494 34, 325 2, 325, 113 654, 470 415, 029 176, 060 9,440 9,594 1, 081, 619 495, 661 6, 324 813 4, 202 811 426, 283 140,166 31, 634 600, 552 23,406 280, 091 768, 180 14, 748 153, 799 388, 348 10, 870 241, 069 420, 637 16, 147 216, 274 370, 268 21, 788 104, 066 1, 867,681 175, 389 741, 381 245, 570 17, 225 117, 542 157, 015 105, 748 5,090 294, 967 2, 526 159,163 124, 702 3, 064, 573 1, 717, 351 923, 586 20,485 337, 315 18,096 608, 181 238, 004 347, 624 8, 766 158,049 72, 658 2,040, 501 836,927 894, 693 7,000 424,112 142.034 2, 328,450 1,160, 303 18,154 304,154 186,918 1, 357, 662 319, 991 __ 506, 733 20,602 265, 578 8,039 475, 499 205, 214 649, 208 52,434 315, 394 1, 579, 631 91,416 909, 438 2,036, 295 78,962 843, 219 702, 847 33,043 398,186 932,126 45, 816 385,188 loe: 1064 106! 107( 1072 107! 107< 109$ 109! 109< 109* 110( 110c not not me mi 111! 112: 112; 112, 112* 113( 113; 113$ 114( 114 114^ 114* 115 115' 115; 115' 115( 115' 116 117 117' 117< 118( 118 118 118 118* 118< 120 120 120 12K 121 121 122 122 122 122 122 1221 123( 123 123 123 238 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. SI, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Unpaid balance E.F.C. loan 1063 1064 1065 1070 1072 1075 1079 1092 1095 1096 1098 1100 1105 1106 1108 1110 1111 1115 1122 1123 1125 1128 1130 1133 1138 1140 1141 1144 1148 ii5i; 1152 i 1153! 1154 1156 1157 1161 1175 1177 1179 1180 ,181 J186 {187 {188 {189 {201 {206 {208 {210 {213 {214 {221 {222 {225 {226 {227 {228 {230 {231 {232 J235 Dollars Total collections from all Loss on assets sources, comOffsets including allowed offsets al- pounded or sold and setlowed tled under and unorder of paid balcourt ance R.F.C. loan Dollars Dollars Dollars 17, 252 139, 670 13,082 28,598 989, 988 88, 626 312,062 448, 879 38, 534 34,220 255, 345 30, 077 15,115 113, 629 5,814 203, 392 237, 287 25, 690 36, 372 293, 068 27, 073 71,659 155, 694 13,109 27, 662 229,155 10, 925 86, 131 139, 441 8,109 16, 645 326, 832 17, 471 467, 538 530, 622 29, 098 21,929 178, 981 9,760 231,139 833, 528 68, 833 313, 831 488, 388 31, 889 580 289, 243 20,043 188, 226 317, 497 16, 417 33,777 339, 810 33,089 98,008 80, 506 10, 447 284, 485 993, 789 416,135 110, 390 109, 703 71, 896 931, 873 880, 932 320, 661 1, 218, 793 682, 924 152, 438 894, 984 168, 411 1, 446, 460 1, 069, 200 63, 069 26, 522 386, 679 397, 611 43, 613 540, 074 55, 221 28, 015 252, 860 459, 778 62, 514 871. 958 163, 879 54, 891 493, 673 51,716 28, 688 461, 855 76, 262 765, 057 1, 519, 381 201, 936 12, 033 197, 533 37, 349 136, 600 641, 855 586, 743 4, 202, 811 225, 223 10, 894 182, 694 17, 812 252, 649 321, 309 48, 238 30, 739 216, 785 12, 964 4,763 264, 903 14, 885 139, 478 247, 306 6, 378 209, 824 132, 232 44, 417 232, 226 961, 187 13, 805 17, 528 148, 572 1,925 110, 838 45 25, 853 187, 542 249, 482 117, 873 1, 959, 926 392,137 69, 134 426, 934 21, 972 32, 491 288, 591 36, 262 9,881 176, 696 643, 281 160, 294 1, 069, 879 2,801 36,161 467, 273 786, 713 181, 434 1, 483, 771 17,357 9,513 214, 585 349,183 10, 741 330, 732 170,871 20,284 306, 464 205, 861 16,191 229, 444 65, 580 35, 036 402, 864 433, 699 136, 494 1, 137, 348 84, 743 105, 526 1, 027, 707 10,884 30, 635 461,864 62, 711 88, 299 519, 303 Footnotes at end of table, pp. 318, 319. Disposition of proceeds of liquidation Conservators' distributions Book value of remaining uncollected assets Dollars 48,851 232,775 132,586 49,614 Book value of remaining uncollected stock assessment To secured creditors To unsecured creditors On secured claims Dollars Dollars 3,804 9,619 9,431 20,705 10,612 37,102 Dollars Dollars 94, 367 61,69l 125,400 81,858 113, 502 34, 946 152,192 6,677 155, 511 320,563 155, 283 64, 743 62 345,895 115, 579 362,009 1, 535, 259 485, 404 79,552 649,657 71,695 84,906 779,867 265, 714 118, 432 299, 999 381, 619 65, 366 677,747 8,233 158,198 802,807 213,142[ 295,9281 Dividends paid by receivers 10,816 18, 823 18, 637 17, 317 19,109 14, 018 18, 592 30, 155 1,725 28,023 22, 483 19, 126 17,300 108, 059 36,728 24,123 60, 307 64, 344 21, 212 19,765 14, 743 53, 422 17, 482 34, 327 40, 675 15,560 40,406 18, 366 26, 594 35, 252 39,130 33, 853 28,212 24, 611 7,775 44, 252 22, 474 75, 298 104, 515 31, 904 16,234 27, 342 43,000 57, 966 6,846 29,398 31, 961 22, 566 8,584 121. 038 16, 957 54,184 On unsecured claims Dollars 92,018 580, 669 293, 426 131,182 38, 307 132,114 119, 063 10, 712 121, 680 175, 376 64, 420 5,890 233, 292 301,839 81, 555 928 597, 550 206, 483 191, 420 207, 222 276, 733 30, 444 274,000 572,046 1,690 621, 939 539, 582 2,747 58, 075 418, 913 11, 452 828, 598 269,806 450, 755 133, 917 731, 908 311,107 9,524 297, 791 405, 286 1,786 140, 020 381, 502 U , 072, 386 88, 617 12,448 134,041 65, 036 88, 684 204, 490 33,861 16, 526 225,150 77,802 113, 310 6,840 91, 905 84,001 3,594 1, 055, 657 151,183 69, 630 11, oil 82,788 2,476 494, 607 4,125 148, 974 568 1,190,975 141,129 1,772 6,221 25,855 1,800 221, 340 88, 839 251, 971 717, 925 143,025 253, 239 220, 391, 239 KEPORT OF THE COMPTROLLER OF THE CURRENCY 1988, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preferred lia- Cash adReceivbilities paid vanced in Conser- ers' salexcept aries, legal protecvators' through " other tion of expenses and dividends, assets expenses including offsets allowed Dollars Dollars Dollars 27,339 2,543 289,883 17,978 110,979 3,585 76,967 9,411 44,775 7,388 69,136 1,164 111, 999 274 13, 245 172 2,294 16, 278 5f 46, 623 11, 418 27,040 60,118 139,880 155,063 46, 778 51, 967 33, 688 31, 895 367,525 169,936 611, 587 334,161 539,438 70, 536 43, 859 79,153 94, 733 113, 928 94, 705 296, 815 42, 368 185, 932 3,367 67, 256 145,954 100,835 132, 040 14, 885 60,148 552,980 16, 374 59 73, 082 741, 667 229,120 127, 568 56, 577 397, 626 254, 737 192, 66^ 50, 751 263,287 56, 358 116,306 349,156 802, 348 138, 554 239, 650 5,088 5,624 5, 241 9,887 5,782 11, 213 829 1,369 1,521 39,128 1,346 7,107 1,073 2,412 2,666 3,190 14, 361 8,501 212 266 27, 202 777 69 3,055 7,414 149 14, 470 1,039 46 4,805 3,294 33, 261 13,939 20,944 1,956 30,509 1,74" 25, 742 211 1, 5031 21 679 4, 569 25, 756! 5,1711 Cash in hands of comptroller and receivers Dollan Dollan 3,177 14, 593 42, 667 58, 791 40,889 25,063 12, 722 15,600 7,559 34, 873 38, 617 12,403 20, 597 25, 276 22, 456 46,141 8,941 35, 409 22,103 8,653 75,869 14,988 57, 378 59, 577 34, 855 10,408 35,417 11, 678 24,078 4,482 16, 798 2,368 8,117 51,007 74, 760 "26," 110 63, 531 76, 728 65,899 38, 205 5,720 28, 289 17,171 21,533 15, 591 42,127 47, 794 6,483 37, 434 13,900 60, 958 15,145 63,008 11,14' 77, 317 22, 539 26, 044 28, 866 28,790 22, 055 36, 035 5,089 20, 5 r 21,548 54,88' 35,898 15, 594 2,255 12, 034 16, 544 10, 275 106, 235 51, 562 43, 337 38, 404 17, 753 3,163 93,644 58, 933 47, 315 13, 723 >,620 16,136 3,050 39,690 2,013 28, 555 19,616 3,180 34,099 16, 586 69, 588 44, 094 7,816 36,138 8,177 33, 949 18, 342 Amount of claims proved Dividends (percent) Dollars 115,031 794,134 414,448 201,828 109, 455 258, 709 213, 798 73 70.80 65 35 51.07 55 159, 067 76.5 240, 242 73 113, 416 56.8 245, 556 95 625, 359 48.27 148,175 55 796,368 75 516, 392 40 294, 492 65 345, 370 60 327, 505 84.5 97,422 31.25 301, 754 90. 80 663,013 86.06 956, 877 65 1,120,968 47.72 1, 032, 807 46.04 1, 629, 564 50.85 359, 757 75 819, 554 55 167, 321 80 788, 610 92. 817 491, 803 62 415, 763 73 1, 593, 440 25.5 267, 018 52.44 762, 832 50 4,072, 386 »100 176, 709 50.15 239, 756 55.65 542, 450 12 126, 695 70 244,995 83. 469 226, 684 22.07 635, 379 35 153,158 74 161,165 61.27 152,878 55 1, 757, 772 60 415, 242 36.41 231, 497 30 165, 530 50 897, 24" 55 423,834 35 1, 426, 311 83.50 160, 397 288, 428 222,150 360, 249 980, 729 703, 367 423, 819 538, 230 76.74 40 70 70 20 60 45 Interest dividends (percent) Date finallyclosed or restored to solvency Apr. 1,1933 Aug. 14,1933 Sept~.~~5,~1933' Dec!I6,l932 Sept."I," 1933 Aug. 1,1933 May"l5,l933 Sept. 30,1933 Mar. 1,1933 Nov. 1,1932 Dec. 1,1932 Mar. Jan. 1,1933 3,1933 Aug. 1,1933 do Aug. 15,1933 Jan. 3,1933 Jan. 11,1933 Sept.8, 1933 Dec. 31,1932 M a y 16,1933 Oct. 16,1933 1063 1064 1065 1070 1072 1075 1079 1092 1095 1096 1098 1100 1105 1106 1108 1110 1111 1115 1122 1123 1125 1128 1130 1133 1138 1140 1141 1144 1148 1151 1152 1153 1154 1156 1157 1161 1175 1177 1179 1180 1181 1186 1187 1188 1189 1201 1206 1208 1210 1213 1214 1221 1222 1225 1226 1227 1228 1230 1231 1232 1235 240 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks First National Eank, Farmland, Ind.1-_ Lamar National Bank, Lamar, S.C Hartington National Bank, Hartington, Nebr First National Bank, Cheraw, S.C Farmers National Bank, Wakefield, Nebr Fourth National Bank, Macon, Ga First National Bank, Richland Center, Wis First National Bank, Warren, Ind Cass County National Bank, Casselton, N.Dak__ ._ Peoples National Bank, Middletown, Del First and Moorhead National Bank, Moorhead, Minn_. Exchange National Bank, Denton, Tex First National Bank, Frisco, Tex First National Bank, Kingsbury, Tex First National Bank, Coleridge, Nebr Exchange National Bank, Spokane, Wash First-Exchange National Bank, Coeur d'Alene, Idaho... Minneapolis National Bank, Minneapolis, Kans First National Bank, Manchester, Iowa Citizens National Bank, Hope, Ind First National Bank, Avon Park, Fla First National Bank, Punta Gorda, Fla First National Bank, Bixby, Okla Carlton National Bank, Wauchula, Fla First National Bank, Rockford, Iowa First National Bank, Erskine, Minn National Bank of Larimore, Larimore, N.Dak First National Bank, West Alexandria, Ohio First National Bank, Sandersville, Ga National Bank of Emmetsburg, Emmetsburg, Iowa First National Bank, Sanborn, N.Dak Peoples National Bank, Adena, Ohio Reed City National Bank, Reed City, Mich First National Bank, Ruthven, Iowa First National Bank, Sebring, Fla First National Bank, Lakeland, Fla First National Bank, Auburndale, Fla First National Bank, Shinnston, W.Va _ First National Bank, Aneta, N.Dak First National Bank in Langdon, Langdon, N.Dak First National Bank, Mayville, N.Dak . Polk County National Bank in Bartow, Fla East Alabama National Bank, Eufaula, Ala National Bank of Newberry, Newberry, S.C.__ South Pasadena National Bank, South Pasadena, CalifFirst National Bank, McHenry, N.Dak First National Bank, DeLand, Fla First National Bank, Sanford, Fla First National Bank, St. Augustine, Fla Miners National Bank, Blossburg, Pa First National Bank, Maquon, 111 Henry National Bank, Abbeville, Ala First National Bank, Montezuma, Iowa First National Bank, El Dorado Springs, Mo First National Bank, Delta, Colo Farmers National Bank, Red Oak, Iowa First National Bank, Taylorville, 111 First National Bank, New Bern, N.C First National Bank, Clarksville, Ark National Bank of Lumpkin, Lumpkin, Ga. First National Bank, Tower City, N.Dak. Footnotes at edd of table, pp. 318, 319. 1236 1237 1238 1239 1241 1242 1243 1245 1247 1249 1253 1254 1255 1256 1257 1258 1259 1261 1263 1264 1265 1266 1267 1269 1270 1272 1273 1275 1276 1277 1279 1280 1281 1282 1283 1284 1285 1287 1288 1290 1291 1292 1293 1294 1295 1296 1297 1298 1300 1302 1304 1305 1307 1308 1309 1310 1312 1313 1314 1316 1317 Capital stock at date of failure Dollars 40,000 25,000 40,000 50,000 50,000 500,000 50,000 25,000 25,000 80,000 150,000 100,000 25,000 25,000 40,000 1,000,000 100,000 60,000 50,000 30,000 100,000 50,000 25, 000 50,000 50,000 25,000 25,000 40,000 50,000 60,000 25,000 50,000 25,000 25,000 100,000 100,000 50,000 90,000 25, 000 50,000 50,000 200,000 100,000 100,000 100,000 25,000 100,000 150,000 130,000 50,000 35,000 50,000 50,000 50,000 50,000 60,000 200,000 150,000 100,000 . 25,000 25,000 Date receiver appointed Nov. 3,1928 Nov. 9,1928 Nov. 13,1928 Nov, 14,1928 Nov, 21,1928 Nov, 26,1928 -—do Dee. Dee. Dec. Dec. Dec. Dec. Jan. 7,1928 10,1928 14,1928 24,1928 26,1928 31,1928 10,1929 12,1929 18,1929 19,1929 9,1929 Jan. Jan. Jan. Feb. Feb. 13,1929 Feb. 15,1929 Feb. 18,1929 do. Feb. 20,1929 Feb. 21,1929 Feb. 23,1929 Mar. 2,1929 Mar. 5,1929 Mar. 13,1929 Mar. 14,1929 Mar. 15,1929 Apr. 10,1929 Apr. 13,1929 May 2,1929 do. May 4,1929 May 15,1929 do May 22,1929 June 3,1929 June 14,1929 June 25,1929 June 28,1929 July 1,1929 do July 2,1929 July 3,1929 July 12,1929 July 15,1929 July 25,1929 July 30,1929 Aug. 14,1929 Aug. 16,1929 Sept. 16,1929 Sept. 23,1929 Sept. 25,1929 Oct. 14,1929 Oct. 18,1929 Oct. 26,1929 Nov. 18,1929 Dec. 7,1929 Dec. 10,1929 REPORT OF THE COMPTROLLER OP THE CURRENCY 241 1988, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1938.—Continued B o o k value of assets at date of failure Estimated good Estimated doubtful Estimated worthless Progress of liquidation to date of this report Additional Total assets assessment received upon since date shareof failure holders Dollars Dollars Dollars Dollars 1,494 57, 042 44, 718 10,159 2,494 6,912 166, 462 19,831 243, 428 174, 700 90,610 38,088 110, 309 35, 382 131, 274 60, 535 264, 963 187, 282 112,196 89,447 299, 089 8,123, 464 1,070,097 938,815 204,104 463,144 206, 853 153,637 32, 768 21,089 63, 659 105, 789 140, 485 34, 873 65, 871 187,197 119, 051 47, 666 195, 906 399,828 813,433 184, 253 1, 268, 833 113,.169 94, 634 46, 501 251,873 194,447 22,923 30,135 46, 202 16, 601 8,259 22, 702 42, 033 33,998 81, 520 132, 545 128, 618 6,547 943, 695 7, 277, 683 1,194, 550 1, 492, 690 125,967 37,916 211, 021 804, 625 274, 462 129, 557 142, 500 280,881 84,164 301, 588 301, 745 85, 373 97, 254 150, 469 44, 256 169,120 274, 513 57,105 181, 452 131, 038 28, 422 261, 903 100, 670 165, 603 18,953 71, 598 27, 203 108, 968 34, 475 275, 893 196,455 55,126 90, 652 112,833 73,008 43,172 42, 261 17, 604 82,186 70,978 102, 306 63, 238 12, 042 34, 337 103, 584 69,988 289,934 66, 271 378,082 72,135 15,875 77, 510 441,349 56, 243 303, 761 42, 345 56, 235 217 24, 757 50, 910 325,168 12, 609 32, 667 296, 523 59, 678 31,651 189, 752 7,747 142, 649 51, 411 85, 764 138 232, 666 236, 331 21, 052 85, 097 1, 315, 256 293,814 183, 306 731, 968 236, 338 63, 417 82, 267 109, 667 456,963 69, 678 76,073 458, 887 152,126 54,923 33, 876 35,134 173,490 11,430 26, 759 113,710 134,102 18, 299 50, 890 78,536 885, 600 89, 086 730,857 413, 486 294, 669 276,029 163,116 234,813 700, 759 35, 779 231,915 409, 892 131, 400 113, 806 146,441 519,063 41, 094 5, 652 50, 573 7,051 208,158 411, 626 877, 755 326, 744 186,798 1, 203, 586 390, 535 535, 531 218, 300 1,164, 714 812,843 526,181 72,974 378,266 263, 683 695, 771 11,030 59,176 16,354 118,657 206,860 5,886 99,772 153, 078 51,114 298,984 116,382 149, 375 133,113 13, 479 163, 553 105, 651 67, 721 307, 531 203,840 90,903 103,854 217,966 247,884 5,966 133,237 841, 377 525, 887 207,807 1, 244, 289 33, 742 218, 871 528, 445 28, 211 152, 009 150, 757 236, 321 4,034 40, 373 57, 401 16, 287 10,814 63, 549 3,901 38, 795 Dollars 40,000 25,000 40,000 50,000 50,000 500,000 50,000 25,000 25, 000 80,000 150,000 100,000 25,000 25,000 40,000 1,000,000 100, 000 60, 000 50,000 30,000 100, 000 50, 000 25,000 50, 000 50,000 25,000 25, 000 40,000 50, 000 60, 000 25,000 50,000 25, 000 25, 000 100,000 100,000 50, 000 90,000 25, 000 50,000 50,000 200, 000 100, 000 100,000 100,000 25, 000 100, 000 150, 000 130,000 50, 000 35, 000 50,000 50,000 50,000 50,000 60, 000 200, 000 150,000 100,000 25,000 25,000 Total assets and stock assessment Dollars 153,413 220, 699 586,826 387, 500 703, 888 10, 931, 465 1, 077, 738 248, 305 453, 426 842, 451 2, 529, 688 687, 455 140,861 131, 992 389, 230 11, 908, 618 1, 279, 529 887,400 822,870 491, 099 744,108 606,598 251, 722 611,949 369,665 238,029 236,923 569, 777 593, 602 903, 698 157,119 716,967 313, 828 304,962 675,146 2, 624, 344 541, 689 1,151, 601 301, 059 375, 389 331, 827 2, 319, 029 1, 068, 627 1, 478, 345 1,010, 710 129, 370 1,924, 283 2, 466, 450 2,852, 038 1, 460, 694 240, 217 515, 596 665,855 465, 796 719, 995 635, 670 1,908, 308 2,175, 347 667, 298 143,095 142,059 C a s h collections from assets Cash collections from stock assessment Dollars Dollars 45, 258 29,950 66, 070 20, 677 298, 760 25, 705 91, 892 23, 644 419, 783 11,865 7, 455,490 282,115 323, 561 42, 585 132, 630 600 252,044 17,877 400, 450 68,349 1, 329, 651 78, 652 346, 529 70, 504 47,143 4,308 54,077 10, 400 208, 747 32, 407 7, 590,185 664,445 839,132 33, 660 264, 360 46, 635 42,121 445,095 331,425 23,934 261, 062 23,460 285, 295 21, 244 140, 276 3,720 230, 795 36, 234 154,384 5,911 10,367 99,113 105, 298 3,831 337, 359 34,005 220,142 11, 024 384, 434 42, 937 7,416 70, 260 420,087 35,200 104,965 11,189 170, 426 10, 672 20, 632 225,976 965, 607 29,337 113,777 9, 259 615,819 82, 516 119, 579 16, 200 128, 846 26,979 136, 781 19, 383 732, 605 125,042 431, 277 38, 693 358, 018 62, 267 603, 449 77,166 1,754 34, 513 795, 240 50, 421 1, 095,103 111,996 1, 267, 661 115, 518 732,186 37,068 140, 289 22, 281 156, 355 20,956 296, 550 18, 500 155,890 28,196 299,158 15, 788 293, 023 51,005 152,104 1,035,021 470,672 2,000 216,666 23,168 15,121 35, 594 7,130 49, 436 1236 1237 1238 1239 1241 1242 1243 1245 1247 1249 1253 1254 1255 1256 1257 1258 1259 1261 1263 1264 1265 1266 1267 1269 1270 1272 1273 1275 1276 1277 1279 1280 1281 1282 1283 1284 1285 1287 1288 1290 1291 1292 1293 1294 1295 1296 1297 1298 1309 1302 1304 1305 1307 1308 1309 1310 1312 1313 1314 1316 1317 242 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Unpaid Offsets balance allowed R.F.C. and setloan tled Dollars 1236 1237 1238 1239 1241 1242 1243 1245 1247 1249 1254 1256 1357 1258 1259 1261 1263 1264 1265 1266 1267 1269 1270 1*73 1273 1275 7,000 4,900 1*77 1279 1281 1283 1284 1285 1287 1288 1290 1291 1292 1293 1294 1295 1296 1297 1298 1300 1302 1304 1305 1307 1308 1309 1310 1312 1313 1314 1316 1317 1,166 13, 000 1,400 10,600 41,000 5,166 Dollars 8,579 6,923 29, 845 39, 676 977,027 43, 351 10, 585 25,119 17, 702 141 604 45, 209 4 159 19, 570 42, 675 799, 856 95, 683 44 891 36, 547 28, 227 29, 853 51 515 19, 052 40, 422 9,607 8,542 19, 586 • 44 995 18, 412 59, 979 3 382 25, 564 9 319 9.967 56,175 251,187 45,110 61, 731 21, 274 12, 897 8,646 116,001 15, 099 61, 702 63, 657 765 61, 039 208, 566 136, 702 57,908 7,116 13 875 31 407 17 702 112, 768 19 028 73, 752 65,828 56, 487 3,529 3,945 Total collections from all sources, including offsets allowed and unpaid balance R.F.C. loan Conservators' distributions Loss on assets compounded or sold under order of court Dollars Dollars 68,155 75, 208 121,050 95, 326 241,143 361, 388 17, 344 145, 381 192, 709 471, 324 8, 714, 632 884, 901 409, 497 165, 505 143, 815 14, 494 295, 040 35, 058 486, 501 323, 835 1, 549 907 230, 695 462, 242 195, 717 55, 610 59, 643 7,064 84, 047 97,808 283, 829 9, 054, 486 317, 229 988, 475 58, 889 355, 886 111, 737 530, 763 60, 225 383, 586 57,955 314, 375 72, 419 41, 732 358, 054 635 167, 948 307, 451 79, 987 169, 902 34, 893 118, 022 105, 374 128, 715 36, 391 147, 423 416, 359 10, 844 249, 578 104, 489 487, 350 81, 058 11, 228 10, 380 480, 851 6,366 125, 473 24, 843 191, 065 302, 783 78, 461 206, 496 1, 247, 231 15, 072 181,146 5,117 760, 068 4,514 158, 453 6,322 1G8, 722 16, 532 175, 410 40, 760 1, 014, 648 485, 069 145, 143 43, 851 481, 987 243, 604 744, 272 67, 914 37, 032 127, 510 906, 700 271, 508 1, 415, 665 338, 913 1, 519, 881 827,162 105, 781 3,663 169, 686 295, 366 191,186 121,602 346 457 201, 788 39, 701 9,449 427, 714 363, 056 263,619 153, 240 1,260, 877 147,954 538, 500 45,038 296, 321 78,972 54, 244 5,105 65, 611 Footnotes at end of table, pp. 318,319. Disposition of proceeds of liquidation Book value of remaining uncollected assets Dollars 198, 419 1,720 1,114, 047 495, 321 65,596 116, 205 20,464 677, 738 4,916 26, 281 2, 201, 348 185, 825 406, 412 231, 003 43, 492 280, 774 178, 056 66,759 210, 745 120, 781 50, 648 294, 204 294, 796 47, 249 210, 936 168,178 74, 726 214, 534 1,101, 054 317, 730 378, 934 130, 692 177, 324 119,868 1, 229, 663 377,108 914, 774 1,178 840, 494 741, 275 978, 762 514,819 54,149 166 296 202, 503 248, 620 446, 295 1,340,893 249,107 58, 573 Book value of remaining uncollected stock assessment To se- To uncured secured credi- creditors tors Dollars Dollars 10,050 4,323 14, 295 26,356 38,135 217,885 7,415 24,400 7,123 11, 651 71, 348 29, 496 20, 692 14,600 7,593 335, 555 66, 340 13, 365 7,879 6,066 76, 540 28, 756 21, 280 13, 766 44, 089 14, 633 21,169 5,995 38, 976 17,063 17, 584 14,800 13,811 14, 328 79, 388 70, 663 40, 741 7,484 8,800 23, 021 30, 617 74, 958 61, 307 37, 733 22, 834 23, 246 49, 579 38, 004 14, 482 12, 932 12, 719 29,044 31 500 21,804 34, 212 8,995 47,896 148,000 76,832 9,879 17,870 Dollars Dividends paid by receivers On secured claims On unsecured claims Dollars 28,140 Dollars 15 36, 282 228, 470 66, 366 7,199 334, 263 s 32, 430 8 5,276,123 190, 987 107, 042 172, 888 9,195 234, 696 27, 569 9 36, 555 9 864 697 384, 417 27, 943 11, 111 127, 838 8 6, 442, 660 8 7, 979 8 611,951 115,480 13, 589* 388, 526 266, 492 70, 064 9,343 247,197 72, 549 142, 532 13, 845 93, 991 1,782 44, 654 86, 271 330 129 29, 839 29,009 344, 443 46, 304 245, 454 59,136 123, 619 55, 686 19, 540 8 129, 919 8 442, 276 33,593 9,111 564, 495 6,912 68, 283 28, 507 5,718 115,914 82,104 70, 745 67, 890 33, 816 177, 594 13, 515 323, 290 23,091 232, 373 675, 692 262,836 610,145 107, 234 11, 503 231 420 122,067 178, 051 313,946 720, 347 10, 268 1,923 3,011 104,287 11,451 31,272 41, 433 25,164 69, 954 8,682 8 REPORT OP THE COMPTROLLER OF THE CURRENCY 243 1988, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1938.—Continued Disposition of proceeds of liquidation—Continued Secured and preferred lia- Cash adReceiv- Cash in bilities paid vanced in Conser- ers' sal- hands of except aries, compvators' protecthrough and troller of expenses legal dividends, tion and reother assets including expenses ceivers offsets allowed Dollars 44,999 40, 585 76, 813 49, 211 108, 745 2,869, 707 73, 673 17, 305 72, 457 534, 031 50, 676 14,179 34, 367 133, 298 2, 282, 245 314, 287 78,031 98, 977 55, 865 155, 967 72, 947 109, 622 48, 544 60, 275 24, 208 62, 410 152, 399 61,161 22,063 155, 768 37, 017 35, 962 190, 271 564, 527 105, 030 137, 690 54, 334 96, 891 29, 438 760, 083 341, 535 204, 291 27,009 542, 661 629,196 997,840 133, 777 45, 874 150, 764 31, 596 58,854 211,990 26,857 428,969 150, 299 23, 603 18,843 Dollars Dollars 227 34, 424 55, 681 2,384 3,734 14, 310 1,742 90 233 112, 815 591 33, 922 12, 761 9,502 31, 221 7,225 1,261 651 3,236 656 2,034 182 5,738 1,972 153 33, 982 5,019 8,981 36, 867 6,166 18, 218 8,143 3,737 3,115 42, 278 400 32, 228 58 8,014 8,015! 4,074 263 348 28,700 6 665 2,308 27,285 2,460 710 1,035 202 Dollar, Dollars 2,054 18, 457 26,105 6,781 15, 597 7,472 20, 836 172, 830 329,118 61, 708 27, 448 18, 610 858 24, 698 13, 418 35, 233 17,181 52, 486 47,828 25, 407 5,324 8,074 27,144 11,192 18, 999 3,r 155, 643 61,123 32, 454 1,213 36, 340 78, 524 26, 972 3,527 36, 520 15, 207 41, 839 5,941 18, 25, 18, 10, 642 928 903 655 13, 521 23, 638 23, 578 40, 480 9,484 34, 570 24,143 11, 287 27, 508 59, 278 26, 718 35, 418 19, 751 27,187 25, 467 50, 513 30, 864 42, 495 56,064 6,905 49, 595 59,988 77,074 40,927 15, 611 20, 237 27,133 18,010 34, 525 19, 945 40,871 55, 075 22,413 16, 232 5, 861 2,549 14, 873 5,228 2,681 9,015 39, 294 3,054 11, 077 3,088 15,178 797 14, 364 528 4,245 1,050 8,682 1,476 8,925 10, 564 11,864 37, 932 3,118 32, 624 17,610 108,103 42, 050 569 27,608 2,851 2,483 12,898 51,996 8,344 2,385 Amount of claims proved Dividends (percent) Interest dividends (percent) Date finally closed or restored to solvency Dollars 30 32.3 61.1 28 84 6, 478, 935 8 84 763, 464 25 184, 626 58 246, 505 70 514, 268 53. 3333 1, 487, 938 9 58 381, 024 100 50,806 55 55, 560 20 142, 058 80 6, 507, 952 8 98. 18 699, 095 8 87.5 505, 742 25 518,113 75 368, 628 72.5 312, 368 25 385, 371 64 105,143 69 364, 062 40 144, 605 65 106, 999 41.5 141, 380 60 342, 729 96.31 393, 279 15 626, 074 55 56,895 80 444, 088 55 203, 965 29 184, 505 67 222, 642 25 1, 736, 965 8 32 284, 711 15 807, 301 70 170, 634 40 132, 314 20 154, 483 75 924,126 16.5 364,190 20 18 405, 488 80 65,406 909, 312 25 1, 261, 458 55 1,126, 401 23 1,109, 355 8 55 112,886 95 303,102 6. 66 462,957 50 297, 724 41 363,072 49 380,657 82.48 856,963 84 1,183, 295 260, 716 40 65, 807 17.25 56,679 55 93, 851 111,849 373, 942 262, 378 397,936 July 5,1933 Sept. 1,1933 July 1,1933 1236 1237 1238 1239 1241 1242 1243 1245 1247 1249 1253 Oct. 24,1933 1254 1255 1256 1257 1258 1259 1261 1263 1264 1265 1266 1267 1269 1270 Jan. 12,1933 1272 1273 Sept." "I," 1933" 1275 1276 1277 1279 1280 1281 1282 1283 1284 1285 1287 1288 1290 1291 1292 1293 1294 1295 1296 1297 1298 1300 1302 1304 Feb. 9,1933 1305 1307 1308 1309 Oct. 20,1933 1310 1312 1313 1314 Sep't.""I,"l933 1316 1317 244 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks 1318 1319 1320 1321 1322 1323 1324 1325 1327 1328 1329 1330 1331 1332 1333 1334 1335 1337 1338 1339 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1366 1367 1370 1372 1373 1374 1375 1379 1380 1381 1382 1383 1384 1385 1386 1387 1388 1389 1390 1391 Griswold National Bank, Griswold, Iowa First National Bank, Grundy, Va Carolina National Bank, Spartanburg, S.C First National Bank, Greeley, Nebr First National Bank in Mount Sterling, 111 First National Bank, Sampson, Ala. First National Bank, Seward, Pa First National Bank, Florala, Ala First National Bank, Bishopville, S.C First National Bank, Burlington Junction, Mo Dothan National Bank, Dothan, Ala First National Bank, Humphrey, Nebr ._ Texas National Bank, Fort Worth, Tex First National Bank, North wood, N.Dak First National Bank of Royse, Royse City, Tex First National Bank, Ennis, Tex First National Bank, Roy, Mont First National Bank, Brantley, Ala First National Bank, Gaffney, S.C First National Bank, Ambrose, N.Dak American National Bank, Kewanna, Ind First National Bank, Tranquillity, Calif First National Bank, Milford, 111 First National Bank, Tallassee, Ala.. First National Bank, Edmore, N.Dak Commercial National Bank, Chatsworth, 111 Citizens National Bank, Streeter, N.Dak First National Bank, Rising Star, Tex First National Bank, Coffee Springs, Ala Commercial National Bank, Independence, Kans Security National Bank, Cherokee,1 Iowa First National Bank, Hazard, Ky. Peoples First National Bank, White Hall, 111 First National Bank, Wanette, Okla Central National Bank, Bartlesville, Okla _. First National Bank, Norris City, 111 Pana National Bank, Pana, 111. Farmers National Bank, Oskaloosa, Iowa i National Bank of Tifton, Tifton, Ga State National Bank, Idabel, Okla Saunders County National Bank, Wahoo, Nebr First National Bank, Pineville, W.Va First National Bank, Jasper, Fla National Loan & Exchange Bank, Greenwood, S.C. First National Bank, St. Petersburg, Fla Farmers National Bank, Strawn, 111 __ First National Bank, Cheboygan, Mich First National Bank in Poultney, Vt New First National Bank in Farmland, Ind First National Bank, Litchville, N.Dak First National Bank, Williams, Iowa Union National Bank, Connellsville, Pa First National Bank in Fresno, Calif ,. First National Bank, Grass Range, Mont National Bank of Arkansas at Pine Bluff, Ark Citizens National Bank, Connellsville, Pa First National Bank, Fountain, Colo First National Bank, Vanderbilt, Pa Citizens National Bank, Galion, Ohio First National Bank, McLeansboro, 111 1 First National Bank, Farmersville, Tex. -... Port Newark National Bank, Newark, N J Footnotes at end of table, pp. 318, 319. Capital stock at date of failure Date receiver appointed Dollars 50,000 50,000 200,000 25,000 50,000 Dec. 13,1929 __._do Dec. 30,1929 do Jan. 7,1930 100,000 Jan. 8,1930 25,000 Jan. 10,1930 100,000 Jan. 13,1930 100,000 Jan. 18,1930 25,000 Jan. 22,1930 400,000 Jan. 30,1930 35,000 ....do. 500,000 Feb. 4,1930 50,000 Feb. 5,1930 50,000 Feb. 11,1930 100,000 — .do 25,000 do 50,000 Feb. 17,1930 150,000 do 25,000 Feb. 20,1930 25,000 Feb. 25,1930 50,000 Feb. 27,1930 50,000 Mar. 4,1930 25,000 Mar. 6,1930 25,000 Mar. 8,1930 do 40,000 25,000 Mar. 10,1930 25, 000 Mar. 12,1930 25, 000 Mar. 13,1930 250,000 Mar. 14,1930 50,000 Mar. 17,1930 100, 000 Mar. 18,1930 100,000 Mar. 20, i930 25, 000 Mar. 24,1930 100,000 Mar. 29,1930 25,000 Mar. 31,1930 100, 000 Apr. 1,1930 100, 000 Apr. 9,1930 100, 000 Apr. 12,1930 50, 000 Apr. 19,1930 50, 000 Apr. 22,1930 25, 000 May 1,1930 30,000 May 13,1930 100,000 May 16,1930 600,000 June 9,1930 25,000 June 11,1930 50, 000 June 12,1930 100,000 June 20,1930 25,000 June 25,1930 25, 000 June 30,1930 25,000 July 1,1930 50,000 July 3,1930 400, 000 July 7,1930 30, 000 July 9,1930 100,000 July 21,1930 100,000 July 31,1930 25,000 Aug. 1,1930 25, 000 Aug. 4,1930 100, 000 do 50,000 do 50,000 Aug. 6,1930 200,000 Aug. 8,1930 BEPORT OF THE COMPTROLLEB OF THE CURRENCY 245 1988, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 81, 1933.—Continued Book value of assets at date of Progress of liquidation to date of this report failure Additional Total assets assessment Total assets received upon and stock col- Cash coldate shareassessment Cash lections lections Estimated Estimated Estimated since from holders of failure from good doubtful worthless stock assets assessment Dollars Dollars 222, 370 106,095 413,967 60, 769 236,630 40,355 47,834 118, 770 88,988 142,168 784, 467 179, 795 4, 418, 264 64, 376 72, 535 280,845 29,144 53, 359 1,022, 251 64, 838 157,941 190,440 215,477 151, 606 41, 616 213, 643 46, 040 122, 542 32,128 3,858, 565 13, 407 37, 655 241, 374 78,007 480, 356 114, 396 318,034 201,318 115,938 . 509,959 212,117 159, 213 87,801 121, 635 289, 762 494, 952 134, 840 611, 767 133, 521 2,070, 569 236,112 56, 024 269,102 50, 627 112,645 409, 044 46, 351 73, 270 94, 744 149,089 105, 956 79, 317 167, 012 151, 038 105, 942 38, 072 1, 416, 427 105, 906 57, 212 307, 646 127, 487 309, 240 63, 787 553,102 4,412 37,391 387,330 58,973 532, 793 118, 001 63,127 113,419 122, 256 58, 242 343,092 69, 618 294,186 39,897 81, 649 55,165 22, 679 29, 591 220,847 10, 761 22, 221 66,882 72,973 27, 367 42,171 41, 712 40, 516 3,341 9,462 525, 912 78, 737 119,122 17, 211 28, 455 186, 233 21, 810 34, 792 307, 017 189, 627 116, 038 154, 867 201, 856 202,160 1, 977, 477 88, 497 741, 650 709, 925 58, 288 38, 016 55, 917 376, 426 1, 812, 938 73, 630 913,376 1, 234, 247 56, 961 74,172 730, 411 265, 528 249, 399 125, 644 446, 665 118, 464 27, 951 763, 742 3, 905, 656 38, 383 481, 398 141, 809 87,705 149, 302 178, 315 381, 485 1, 950, 672 74, 489 1, 089, 340 1, 875, 302 85, 859 77, 552 493,144 276,120 116, 502 67, 638 249, 688 58,138 199 222, 790 394, 067 25, 319 21, 026 212,190 5,779 5,030 4,823 47, 611 487, 867 16, 365 274, 851 87, 043 13, 328 16, 205 56, 032 110,068 306, 884 426, 5381 94, 8*11 Dollars Dollars 100,933 52,604 65,604 8,637 13,607 36, 754 13, 056 66,832 32, 686 208, 505 67, 660 36,959 943,662 35,801 15,476 36, 099 25, 611 46,804 68,900 4,006 24, 665 42, 096 22,836 88, 764 4,392 29, 783 88,000 4,680 1,604 242, 324 10,107 6,059 41, 736 77, 362 73, 849 10, 980 35, 393 1,031 178, 766 8,620 82, 669 7,281 39,168 163, 087 943, 623 5,734 400, 261 29, 661 16, 677 22, 596 37,145 49, 272 121, 519 5,859 192, 680 209, 613 8,862 59, 229 173, 671 19,297 1,580 6,572 Dollars 50,000 50,000 200,000 25,000 50,000 100, 000 25,000 100,000 100,000 25,000 400,000 35,000 500,000 50,000 50,000 100,000 25,000 50,000 150,000 25,000 25, 000 50,000 50, 000 25, 000 25, 000 40, 000 25,000 25, 000 25, 000 250, 000 50,000 100,000 100, 000 25, 000 100, 000 25,000 100, 000 100, 000 100, 000 50, 000 50,000 25,000 30,000 100, 000 600,000 25,000 50, 000 100,000 25,000 25, 000 25, 000 50,000 400,000 30, 000 100,000 100, 000 25, 000 25,000 100,000 50,000 50,000 Dollars Dollars 361,300 579,033 115,221 362,028 490,635 1, 576,860 124,516 365,496 481,856 992, 243 81,812 382,911 91,808 270, 652 224, 215 688, 783 133,123 838,882 157,124 568, 755 677, 550 2, 206, 986 270, 217 454, 893 8, 226, 681 4, 764, 234 129,901 426,186 90, 670 275, 684 300, 331 741, 211 42, 241 153, 061 79, 298 292, 399 1,871, 042 1,078, 239 35, 784 150, 956 165,198 303, 097 237,977 444,162 296, 528 510, 375 167, 629 398,693 44, 201 192, 496 202,125 492,150 55, 704 350, 594 81, 478 261, 505 32,045 106, 266 6, 293, 228 3, 414,112 55, 679 258,157 31, 996 320, 048 284, 555 707, 967 147, 860 336, 311 793, 061 1,149, 678 115, 699 235, 973 454, 322 1, 041, 321 1,031 101, 031 951, 684 300, 010 441, 529 158, 505 945, 060 453, 500 363, 750 105,192 299,174 93, 204 1, 451, 779 404, 870 7,820, 823 2, 720, 796 182, 933 92, 927 1, 694, 335 1, 210, 551 585, 617 1,193, 585 193, 449 77, 031 75, 614 239, 944 92, 331 301, 200 389, 665 904, 794 4, 772, 996 3, 087,152 200, 343 67, 794 2, 570, 247 1,172,917 3, 506, 205 1, 844, 529 95,100 190, 010 129, 064 252,158 774, 714 1, 553, 258 243,183 721, 013 1,580 51, 580 834, 805 634, 862 Dollars 25,353 17,374 137,011 10,043 24,448 11,982 7,462 49, 234 65,963 12,500 134,360 18, 200 112, 331 8,430 13, 772 65,840 1,020 29, 350 119, 045 13, 021 16, 036 35, 599 21,336 5,500 13,150 21,711 1,969 13, 871 4,732 169, 469 26, 386 41, 800 59, 990 3,890 45, 691 24,000 62, 040 73, 516 37, 737 1,750 7,780 4,452 5,736 32, 221 305,975 18, 616 44, 700 86, 550 19, 519 11,08] 15, 700 33,153 271, 679 3,248 45, 862 64, 549 5,150 14,165 74, 745 4,133 47, 258 1318 1319 1320 1321 1322 1323 1324 1325 1327 1328 1329 1330 1331 1332 1333 1334 1335 1337 1338 1339 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1366 1367 1370 1372 1373 1374 1375 1379 1380 1381 1382 1383 1384 1385 1386 1387 1388 1389 1390 1391 246 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets R.F.C. and set- lowedalloan tled and unpaid balance R.F.C. loan Dollars 1318 1319 1320 1321 132? 1323 1324 1325 1327 1328 1329 1330 1331 1332 1333 1334 1335 1337 1338 1339 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1366 1367 1370 1372 1373 1374 1375 1379 1380 1381 1382 1383 1384 1385 1386 1387 1388 1389 1390 1891 Dollars 27,585 12, 558 77,070 16,494 11,606 3,668 5,616 63,392 12,468 62, 295 73,067 17,465 623, 350 6,486 17,400 8,781 44,070 9,800 2,836 9,310 69, 259 2,461 12,564 25,806 25,059 51,067 9,003 32, 635 37, 472 10,147 10, 057 973, 528 9,724 5,000 8,400 3,700 14, 500 24, 000 11,448 60,189 83,008 8,226 29,823 41, 899 49,454 59, 676 33, 443 9,731 62, 530 482, 427 6,168 48, 349 57, 412 6, 985 10, 937 47, 539 39, 418 344, 337 4,540 253, 962 65, 585 6,450 7,305 135, 997 33, 757 2,889 Disposition of proceeds of liquidation Conservators' distributions Dividends paid by receivers Loss on Book assets value of Book comvalue of remainpounded remaining ing un- To se- To unor sold uncollected collected under stock as- cured secured assets order of credisessment credicourt tors tors Dollars Dollars 414,238 140,148 145,153 1,358 704,716 64,645 151,053 6,283 517,910 13,984 97,462 6,480 104,886 6,028 336,841 36, 539 211, 554 116,984 231,919 28,463 884,977 52,146 305,882 12,026 5,499,915 270,189 162, 217 18,428 113,223 22,891 420,041 28,482 46,097 37,981 117,958 25,027 1, 266, 543 11,923 51, 266 14,591 193,798 1,322 299, 382 16,493 342,923 38,609 224,196 6,731 66, 354 16,267 256,471 8,313 95,145 6,473 105, 496 8,034 46, 834 11, 302 4, 557,109 1, 655, 588 91, 789 27, 944 73, 796 128,929 355, 993 95, 645 211, 939 7,456 921, 760 173, 609 147, 925 87, 048 551,185 38, 872 74, 547 379, 646 65,170 209, 709 9,633 520, 956 105, 400 151, 487 12, 051 112,371 12, 263 514,121 68, 031 3, 509,198 757,838 117,711 57, 561 1, 303, 600 73, 721 729, 579 70,164 103, 535 12, 676 97, 632 13,180 155, 570 75, 268 486, 236 8,276 3, 703,168 232, 369 75, 582 1,271 1, 472, 741 138, 058 1, 974,663 106, 700 164, 349 150, 534 63, 460 985, 456 15, 475 281, 073 159, 254 48, 838 146, 702 637, 751 197, 050 Footnotes at end of table, pp. 318, 319. Dollars Dollars 182,891 744,510 193, 203 434,797 190,951 142, 200 264, 637 476, 307 295,873 1,004,223 120,185 2,068,908 221,371 103, 342 268,328 45,003 128,764 561,621 73,120 99,013 113,886 100,179 148, 266 98,025 209, 077 225, 945 136, 846 27,862 114,810 59,123 216, 319 95, 806 418, 304 444, 605 173, 937 276, 484 188,064 153, 976 816, 348 3, 259, 762 1,277 311, 714 380, 392 71,757 115, 213 61, 062 417, 435 709,138 96, 738 905, 310 1, 331, 742 75, 314 383, 293 247, 371 4 24,647 32,626 62,989 14,957 25,552 88,018 17,538 50,766 34,037 12,500 265,640 16,800 387, 669 41,570 36,228 34,160 23,980 20,650 30,955 11,979 8,964 14,401 28, 664 19,500 11,850 18, 289 23,031 11,129 20,268 80, 531 23, 614 58,200 40, 010 21,110 54, 309 1,000 37, 960 26, 484 62, 263 48, 250 42, 220 20, 548 24, 264 67, 779 294. 025 6,384 5,300 13, 450 5,481 13,919 9,300 16,847 128, 321 26, 752 54,138 35, 451 19,850 10,835 25,255 45,867 2,742 Dollars Dollars On se- On unsecured cured claims claims Dollars Dollars 331,510 47,074 392,628 46,359 71,924 16,662 665 56,887 153,970 22, 588 89, 641 13, 230 92, 622 11, 223 391,632 158, 497 23,192 1,682,179 51,902 1,818 85,619 300,748 10,913 2, 502 77,208 929,490 11, 573 1,824 140, 433 164,856 242,403 101,166 881 20, 634 2,194 125,007 7,719 1,839 45, 679 24, 429 s 578,160 8 2,718,282 46, 615 1,446 24,000 229, 474 56,837 2,385 316, 068 32, 401 120, 406 192, 253 3,494 66, 000 152, 301 13, 389 35, 845 53, 245 35, 221 7,299 227, 031 5,225 60, 449 1,127, 395 84, 678 1,128, 486 532, 355 61, 407 44,134 « 36,918 353, 776 8 2,268,803 12,497 3,798 522, 524 3,630 1, 325, 960 21, 744 120, 700 395, 771 167, 563 85, 711 7,898 43, 690 9 613, 381 REPORT OP THE COMPTROLLER OF THE CURRENCY 247 1983, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preferred liaReceiv- . Cash in bilities paid Cash adsal- hands of vanced in Conser- ers' except aries, compprotecvators' through troller tion of expenses other and redividends, assets expenses ceivers including offsets allowed Dollar, Dollars Dollars 66, 580 2,594 69, 676 10, 425 210,847 8,923 72,151 619 410, 756 207 58,476 3,501 29, 253 1,821 802 131, 652 75, 672 5,369 83, 740 382,482 29, 216 119, 273 138 3,496, 722 66, 547 76,067 6,760 8,824 200 81, 959 2,546 22,816 151 21,48" 2, 245,939 17,146 15,914 8,430 30,134 2,578 105,047 301 57,104 400 75, 606 8,461 26, 519 576 92,416 968 67,155 2,286 41, 715 202 13, 871 1,161, 403 4,444 16, 763 27, 350 2,075 69, 828 3,240 124,194 19 548,182 16, 846 311, 020 13, 387 174, 169, 302, 66, 295 531 505 394 194,153 1, 871, 061 18, 430 100,847 145,479 28, 347 29, 637 96, 691 93, 519 1, 248, 373 59, 383 846, 399 570, 553 73, 326 8,747 365,173 152,196 5,233 372 1,023 12, 549 5,005 30, 016 222, 373 79 1,582 99 1,513 6,858 1,857 2,034 30, 748 418 10, 882 6,217 1,581 171 31460°—34 17 Dollars Dollars 13, 554 1,410 16, 568 20,822 58,999 6,388 21, 738 7,404 27, 619 3,284 14,874 5,351 11, 574 5,984 21,845 6,510 21,132 29,738 14, 596 62, 769 18, 878 21, 569 6,405 163, 392 67,883 5,136 20, 534 5,623 12,957 2,569 32, 219 1,954 7,761 1,343 15, 251 31,924 42,044 3,578 9,947 2,521 18,132 13, 376 15,802 16,121 26,895 20, 430 17, 652 8,979 8,028 18,421 20, 051 2,916 14, 548 923 14, 893 1,497 6,835 48, 429 50, 835 2,582 21, 385 10, 694 8,231 32, 802 20, 649 11, 804 16, 700 25, 020 10, 635 5,015 26, 016 3,135 5,412 22,157 25, r " 5,619 20, 798 "44, 942 136, 641 5,839 13, 460 1,365 16, 595 5,147 52, 549 66, 315 161, 605 6.904 7,620 42, 640 30, 045 16, 926 34, 720 1,395 10,873 5,858 11,145 6,712 13, 392 12, 956 23, 951 52, 568 102, 676 4,966 10, 815 22, 377 70, 559 10, 752 57, 551 10, 049 5,659 15,428 40, 013 16,936 20, 290 14, 807 51,148 572 16, 909 Amount of claims proved Dividends (percent) Interest dividends (percent) Date finally closed or restored to solvency 2.32 Feb. 18,1933 Dollars 147,194 6666 872, 344 231, 707 449,861 86, 723 142, 216 287,420 510, 361 330,148 889, 690 216, 355 4, 003, 324 216, 258 142, 282 447, 985 3333 53, 687 122, 553 1,178, 202 5 88, 724 193, 722 206,068 323, 204 75 335,929 30 119,958 19 277, 675 45 5 189, 996 152, 316 30 37, 586 65 3, 576, 685 8 76 133, 215 35 106, 025 24 382, 476 60 290, 962 20 297, 659 100 147, 420 81.65 480, 298 40 100, 000 66 380, 008 40 133, 892 10 359, 298 10 212, 988 25 142,187 27 908, 267 25 3, 455, 280 33 105, 8?8 80 1, 327, 687 85 705,001 75 122, 834 50 138, 055 32 147, 682 25 643, 744 55 2, 568, 497 8 88. 3333 61, 280 1, 243, 645 42 2, 212, 398 60 58, 500 37.17 134,112 90 996, 519 56.5 431, 987 20 50, 000 87.38 584, 221 100 6.28 Sept. 18,1933 June 30,1933 Mar. 1,1933 Sept. 5,1933 1318 1319 1320 1321 1322 1323 1324 1325 1327 1328 1329 1330 1331 1332 1333 1334 1335 1337 1338 1339 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1366 1367 1370 1372 1373 1374 1375 1379 1380 1381 1382 1383 1384 1385 1386 1387 1388 1389 1390 1391 248 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks 1392 1394 1395 1396 1397 1399 1401 1402 1403 1*04 1405 1406 1407 1409 1410 1411 1413 1414 1416 1418 1419 1420 1421 1422 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 1438 1439 1440 1441 1442 1443 1444 1445 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 First National Bank, Ayrshire, Iowa Pirst National Bank, Lometa, Tex Farmers National Bank, Glenwood City, Wis Clymer National Bank, Clymer, Pa First National Bank, Burt, Iowa Fourth National Bank, Montgomery, Ala.i First National Bank, Fairview, Mo Farmers National Bank, Wilkinson, Ind First National Bank, Altus, Okla First National Bank, Washburn, N.Dak..__ City National Bank, Spur, Tex Farmers National Bank, Howe, Tex First National Bank, Martinsville, 111 Billings National Bank, Billings, Okla First National Bank, Villisca, Iowa First National Bank, Perry, Fla Old First National Bank, Farmer City, Ill.i First National Bank, Auburn, Wash Peoples National Bank, Brookneal, Va First National Bank, Elgin, Nebr First National Bank, Berwyn, Okla Quincy-Ricker National Bank & Trust Co., Quincy, IllPlanters National Bank, Walnut Ridge, Ark Holston-Union National Bank, Knoxville, Tenn National Bank of Kentucky, Louisville, Ky First National Bank, West Salem, 111 First National Bank, Siloam Springs, Ark.i City National Bank, Spokane, Wash.i American National Bank, Asheville, N.C First National Bank, Plymouth, 111 First National Bank, Forman, N.Dak First National Bank, Campbell, Mo First National Bank, Westfield, 111 Citizens National Bank, Hendersonville, N.C First National Bank, Mendon, Ohio First National Bank, Roland, Iowa Merchants National Bank, Burlington, Iowa i First National Bank, Benton, 111 First National Bank, Deer Creek, Minn.i First National Bank, Rector, Ark First National Bank, Junction City, Ark First National Bank, Newport, Tenn First National Bank, Walhalla, N.Dak First National Bank, Goreville, 111 First National Bank, Marion, 111 Sioux National Bank in Sioux City, Iowa First National Bank, Fulton, Ky First National Bank, Charlotte, N.C First National Bank, Horse Cave, Ky Farmers and Merchants National Bank, Tyrone, Pa First National Bank, Naper, Nebr American National Bank, Redfield, S.Dak First National Bank, Ullin, 111 First National Bank, Elk Point, S.Dak Farmers National Bank, Laurens, S.C Benton County National Bank, Bentonville, Ark Union National Bank, Fairmont, W.Va First National Bank, Goodwin, S.Dak __. Kansas National Bank, Kansas, 111 First National Bank, Mount Sterling, 111.1 _ _. First National Bank, Sweet water, Tenn Footnotes at end of table, pp. 318, 319. Capital stock at date of failure Date receiver appointed Dollars 25,000 Aug. 12,1930 25,000 Aug. 18,1930 25,000 Aug. 22,1930 75,000 do 40,000 Sept. 5,1930 500,000 Sept. 6,1930 25,000 Sept. 17,1930 25,000 Sept. 19,1930 60,000 Sept. 26,1930 25,000 Sept. 29,1930 40,000 Oct. 7,1930 30,000 Oct. 8,1930 25,000 Oct. 11,1930 25,000 Oct. 17,1930 50,000 Oct. 18,1930 50,000 Oct. 25,1930 65,000 do 75,000 Oct. 28,1930 50,000 Oct. 31,1930 50,000 Nov. 3,1930 25,000 Nov. 6,1930 500,000 Nov. 10,1930 25,000 Nov. 11,1930 750,000 Nov. 12,1930 4,000, 000 Nov. 17,1930 25,000 Nov. 18,1930 50,000 Nov. 19,1930 200,000 Nov. 20,1930 200,000 Nov. 21,1930 25, 000 do 25,000 Nov. 24,1930 40,000 do 50,000 Nov. 28,1930 100,000 do 25,000 Nov. 29,1930 40,000 do 100,000 Dec. 2,1930 100,000 do 25,000 do 25,000 Dec. 3,1930 25,000 do 50,000 Dec. 4,1930 25,000 Dec. 5,1930 25,000 do 100,000 do 400,000 Dec. 8,1930 50,000 do do 300,000 25,000 Dec. 9,1930 150,000 Dec. 12,1930 25,000 do 40,000 do 25,000 do 25,000 Dec. 16,1930 50,000 do 60,000 do do 420, U00 25,000 Dec. 17,1930 50, 000 do do 100,000 60,000 do REPORT OF THE COMPTROLLER OF THE CURRENCY 249 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Book value of assets at date of failure Progress of l i q u i d a t i o n to date of this report Total Additional assessment Total assets assets upon and stock received shareassessment Estimated Estimated Estimated since date good noiuers doubtful worthless 01 I a 111116 /~\ f f O 1111 Y* A Dollars 68,433 105, 262 91, 532 277,110 75, 226 1,914, 362 37, 871 110, 427 241, 689 36,872 118, 624 21, 479 164, 622 120, 456 193, 471 44, 694 Dollars Dollars 97,469 38,162 97, 769 361, 067 266, 588 209 43,633 20, 429 117, 632 17, 334 49, 309 99, 238 371, 709 92, 474 182, 444 89, 111 141, 238 36, 492 306, 655 366, 355 5,414 7,095 42,819 9,963 66, 223 5,354 24,344 32, 071 70,180 94, 753 99, 412 873, 096 77, 290 28, 067 90,186 162, 966 551, 835 159, 078 174, 307 441,404 184, 434 81, 797 37, 768 3, 525, 610 44,300 8, 583, 837 11, 640, 702 108,188 39, 277 95,948 1, 422, 370 57, 223 151,108 102, 531 101, 292 721, 647 71, 604 153,146 87,166 55, 364 29,441 1,153 509, 361 13, 077 639, 350 6,074, 830 15, 893 64, 394 148,934 87, 448 13, 421 10, 957 4,143 39, 713 295,162 75, 555 5,524 315, 405 428 170, 979 196, 362 412, 442 34, 990 79, 589 1,130, 763 2, 071, 566 82, 010 947, 832 196,139 87, 802 57, 072 346, 455 80, 878 45, 865 18, 801 179, 307 2, 051, 566 113, 481 175, 801 16, 210 104, 786 1, 216, 006 6,290 96, 680 137, 348 88, 415 63, 098 41,003 771, 438 2, 024, 755 106, 820 1, 704, 505 241, 697 608, 771 29, 018 239, 587 103, 386 156, 698 91, 596 461, 305 1,318,016 129, 706 139, 656 241, 217 89, 660 177,159 940 5,460 10, 421 17, 283 31,179 7,228 50, 442 466, 264 31, 365 264,475 15,177 30 1,460 37,802 14,130 36, 667 35, 931 414, 607 283, 564 79, 656 25, 373 432, 251 31,118 367, 841 225, 799 81, 865 34,198 721,120 69, 282 5, 325, 303 22, 585, 879 188,473 Dollars 42,886 17, 422 42,570 46, 030 14, 444 2,137 35,913 16,875 76,842 73,307 47,857 7,571 42,333 9,508 91, 012 90,801 383 116, 227 23, 659 70, 384 2,105 235, 251 25,453 702, 518 510, 311 19, 204 1,141 31, 807 104, 689 5,350 15,904 3,379 50, 389 49,156 25,966 22,977 810 213, 878 500 9,154 12, 356 64, 864 3,306 6,872 94, 020 139,817 24, 507 25,040 31, 700 32, 466 44, 222 35, 302 7,182 27,895 18, 235 91, 730 168, 787 41, 542 74, 443 13, 301 15,901 Cash collections from assets Cash collections from stock assessment Dollars Dollars Dollars Dollars 25,000 25,000 25,000 75,000 40,000 500,000 25,000 25,000 60,000 25, 000 40,000 30,000 25,000 25,000 50,000 50,000 65,000 75,000 50,000 50,000 25,000 500,000 25,000 750,000 4,000, 000 25,000 50,000 200,000 200, 000 25,000 25,000 40,000 50,000 100, 000 25,000 40,000 100,000 100,000 25,000 25,000 25,000 50,000 25, 000 25,000 100, 000 400, 000 50,000 300,000 25,000 150, 000 25,000 40,000 25,000 25, 000 50,000 60,000 420, 000 25,000 50,000 100, 000 60,000 233,997 94, 701 229,479 90, 562 277, 300 123, 361 876, 839 352,140 413, 592 134, 564 2,416,499 1,916,499 153, 507 51,076 258, 635 106, 479 793,059 426, 848 237, 616 60, 059 455,148 96,195 153, 515 31, 281 397, 537 133, 499 223, 527 104,097 711, 318 320,852 646, 603 145,051 65, 383 . 368 1,087, 638 521, 422 539, 256 186, 702 313, 487 147,959 100, 224 34, 985 5,491, 342 2, 319,131 177,112 66, 541 16,001, 008 5, 741, 059 44,811, 722 21, 894, 062 356, 758 125, 663 154, 812 3, 924 576,101 47, 327 2, 687, 603 1, 252, 266 178, 284 83,045 231, 036 50,154 240, 239 55, 036 404, 360 139, 093 1, 717, 800 363, 817 357, 203 165,974 395,954 122, 832 100, 810 810 2, 022, 448 799, 303 33,158 3,912 307, 273 72,914 381, 487 269, 868 633, 004 377, 928 157, 573 21,984 159,692 68, 274 2,146, 663 667, 769 5,102, 402 1,915,927 294, 702 111, 072 3, 241, 852 90" 5, 928 509, 713 327,144 879, 069 217,128 156, 772 49, 569 699,146 313, 577 230, 576 111, 505 292,125 101, 982 214, 563 66, 238 1, 206, 949 262, 696 4, 241, 933 1, 478, 058 389, 385 115,182 465, 273 170, 914 802, 979 150, 098 301,465 106,163 3,231 6,489 16, 717 39, 793 35, 219 249,877 6,685 13,875 54,448 11,007 26, 250 15,141 10,125 11,159 39, 364 26, 697 55 918 111 354 17,473 3,246 3,750 305, 716 5,058 379, 678 192,941 20, 705 17 650 104' 264 17, 370 23, 025 8,004 9,927 48, 249 17, 332 13,802 18, 557 74,075 25,955 19,141 2,360 2,050 20, 500 7,185 59, 524 18,098 17, 062 218, 924 14, 943 116,263 652 18, 655 19,941 21, 260 8,429 28, 800 276, 012 4, 743 41, 733 49, 541 45, 610 1392 1394 1395 1396 1397 1399 1401 1402 1403 1404 1405 1406 1407 1409 1410 1411 1413 1414 1416 1418 1419 1420 1421 1422 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 1438 1439 1440 1441 1442 1443 1444 1445 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 250 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets R.F.C. and set- lowedalloan tled and unpaid balance R.F.C. loan Dollars Dollars Dollars 1392 113,212 15, 280 1394 108,611 11, 560 159,079 19, 001 1395 461, 766 44, 633 1396 25, 200 188,156 18, 373 1397 2,166, 376 1399 60,944 1401 3,183 141, 785 1402 17, 431 4,000 526,001 43, 605 1403 1,100 87, 854 1404 9,888 6,900 127, 251 1405 4,806 56,989 1406 10, 567 160,638 1407 14, 514 2,500 128,073 1409 10, 817 2,000 388, 252 1410 28,036 212, 279 1411 26, 531 14,000 56,286 1413 587,917 1414 55, 141 228, 542 1416 22,867 1,500 157, 344 1418 6,139 42,341 1419 3,606 1420 170,000 224, 332 3,019,179 83,842 1421 9,543 2,700 1422 178,000 960, 564 7, 259, 301 1424 2, 088,120 4, 265, 910 28, 441,033 177, 344 1425 30,976 22, 574 1426 1,000 151, 591 1427 1428 185,303 1,454, 939 111, 197 1429 5,127 67, 059 1430 6,901 2,000 70,945 1431 3,082 2,900 197, 938 1432 8,696 1,900 577, 029 195, 880 1433 195, 435 15, 659 1434 175,001 16,412 1435 17, 200 74, 885 1436 901, 961 1437 76, 703 23,053 1438 87, 889 1439 8,515 4,100 278, 322 1440 6,404 431, 285 1441 32, 857 26, 559 1442 4,575 80, 730 1443 5,271 839, 578 1444 112, 285 2, 503,431 1445 569, 406 140,360 1447 12, 226 1, 337, 906 213,054 1448 367, 053 1449 24, 966 355,537 11,846 1450 10, 300 54, 692 2,471 1451 2,000 386, 295 33, 363 1452 20, 700 144, 579 13,133 1453 133, 949 8,507 1454 74, 719 2,200 52 1455 381, 544 90, 048 2,074,135 1456 184, 565 1457 124, 253 135, 500 4,328 1458 227, 266 14, 619 199, 639 1459 162, 731 1460 1461 10, 958 Conservators' distributions Loss on Book assets value of Book comvalue of remainpounded remaining ing un- To se- To unor sold uncollected collected under stock as- cured secured assets crediorder of sessment creditors tors court Dollars 20,583 102, 357 17,300 53,185 17, 658 2,492 9,886 11, 382 7,983 24, 722 3,546 21, 506 65, 569 35, 855 64,818 2,793 8,041 321, 515 3,429 377, 288 785,162 7,063 99, 888 35, 092 191,007 3,436 10, 515 10,130 43, 968 149, 827 24, 508 34,074 174,084 4,246 5,023 3,508 4,791 8,339 19,010 179, 270 525, 229 121, 404 112, 941 37,417 23, 544 11,458 25, 292 34,056 20, 579 61, 460 11,519 81, 440 52, 991 20, 296 527, 212 1,288 Footnotes at end of table, pp. 318, 319. Disposition of proceeds of liquidation Dollars 78,433 92, 638 351,881 202, 997 71, 756 99, 839 251, 224 134, 686 289,425 78,121 203,018 83, 613 246, 861 389,166 15 371,257 276, 894 101, 348 36, 633 2,126, 364 72, 599 8,172,097 13,866, 588 168,056 293, 682 859, 027 61, 676 138,466 131, 991 162, 603 908, 276 126, 062 182,636 872, 358 195, 821 76, 707 167,428 97, 675 42,137 1,087, 339 1, 691,840 1, 709, 929 95,186 476,551 68, 274 286,914 46, 882 136, 057 36,813 782, 686 2,077, 870 191,884 209, 444 25, 669 123, 056 Dollars 21, 769 18,511 8,283 35,207 4,781 250,123 18, 315 11,125 6,552 13, 993 13, 750 14, 859 14,875 13,841 10, 636 23, 303 9,082 63, 646 32, 527 46, 754 21, 250 194, 284 19,942 370, 322 3,807,059 4,295 32,350 95, 736 182, 630 1,975 16,996 30,073 1,751 82, 668 11,198 21,443 25,925 74,045 5,859 22, 640 22,950 29,500 25,000 17,815 40, 476 381, 902 32, 938 81,076 10,057 33,737 24,348 21,345 5,059 3,740 41, 571 31, 200 143,988 20, 257 8,267 50,459 14,390 Dividends paid by receivers On se- On unsecured cured claims claims Dollars Dollars Dollars 8,149 7,675 3,850 240,884 43, 588 7,259 10, 679 11,313 21, 706 52,209 Dollars 45,895 33, 254 72,432 324, 583 149, 296 318 17, 772 81,453 106, 890 16,407 16,969 21,057 101, 679 81, 306 321,173 50,484 300, 617 93, 758 58, 229 1,890 3,288 1,828, 808 29, 510 9 » 355, 085 3,951, 384 9 14,473,464 70,135 16,199 138,468 699, 663 71, 085 2,157 20, 753 11, 494 5,097 165, 512 45, 060 11, 571 136, 079 102,487 65, 582 115,886 21 744 4,646 15, 574 244, 879 313, 361 6,707 9,833 19,638 615 23,175 5,809 10,176 7,333 3,842 44,458 36, 028 289,229 1,014, 913 88, 975 428, 381 290, 828 206, 002 19, 624 150, 724 70,837 46,847 7,146 111, 454 1,026, 780 13, 525 138,943 3,599 102,908 EEPORT OP THE COMPTROLLER OP THE CURRENCY 251 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preReceivCash in ferred liabilities paid Cash ad- Conser- ers' sal- hands of vanced in aries, compexcept vators' legal and protectroller through tion of expenses other and redividends, assets expenses ceivers including offsets allowed Dollars Dollars Dollars 2,627 49, 695 46, 843 48,903 1,090 95, 248 7,672 18, 686 3,170 1, 914, 362 31, 027 338 40, 867 4,973 344,473 2,787 47, 241 6,300 76,730 698 27, 908 36,056 3,132 22,939 28,423 7,508 107, 537 7,490 143 237, 303 12,410 98,631 6,186 80,458 216 32,118 76 1, 057,009 54, 566 37,184 644 2, 683, 509 14, 868 11,806,966 289,178 82, 625 4,623 667,797 27,474 26,404 35,063 16,449 431,864 41,670 50,910 53 134 21 5,055 1,800 1,026 13 4,021 693,491 1,223 48,127 6,611 77,188 13,424 26, 479 346,007 1, 294, 736 33,060 751, 723 51,009 107, 985 23, 004 171, 563 53,704 67,185 43, 956 189, 469 934, 217 93,141 63, 944 134, 365 38, 893 800 487 84 55 35 30,739 18, 704 34 14,117 169 735 12,483 677 220 1,224 24, 440 34, 599 2 78 3,979 Dollars Dollars 9,204 5,791 20, 365 16, 832 12,147 24,661 5,752 34,915 2,089 4,478 6,334 7,812 3,995 11,498 2,994 24,642 3,621 8,483 2,164 14, 637 7,538 6,200 1,824 16,444 3,327 10, 512 2,003 22, 439 8,709 23,193 1,869 1,346 2,588 33,442 4,145 20, 540 2,720 15,832 2,609 4,644 325 72, 379 6,417 15,443 1,061 211,953 42, 502 1,102, 958 768,467 14, 336 10, 248 1,752 10,742 2,381 46,133 41, 293 7,630 4,874 14, 340 3,384 11,185 3,051 10, 638 3, 539 33, 268 54, 240 11, 794 5,879 14, 594 2,989 1,858 7,445 49,464 41, 897 1,309 2,095 16,647 14, 600 11, 745 15,496 25,156 7,260 5,820 9,377 8,811 115,870 47,900 52, 714 122, 364 7,013 11, 278 67,103 56,944 5,023 20,193 5,954 35, 427 1,588 9,126 3,621 24, 729 8,308 11,053 2,085 11,803 2,338 9,879 20,112 28, 736 7,721 70,818 831 12, 912 10, 083 14, 218 6,762 10, 455 3,927 13, 024 Amount of claims proved Dividends (percent) Dollars 109,696 42 90,838 36.6 176, 694 41 597,148 55 290, 708 51.5 8. 0035 2, 888, 646 44, 447 40 127, 598 62 194, 465 55 84,816 21 277, 663 10 60,171 35 282, 461 36 138, 239 67 465,085 69 337, 295 19 65, 262 80 567, 399 53 312, 836 30 77, 640 75 16,900 30 3, 047, 396 60 62, 781 47.5 9, 633, 473 M 0 21, 585, 558 8 67 199, 630 35 30, 855 52.5 250, 536 55.2687 1, 705, 802 41 88,811 80 150, 327 15 138, 559 12 236,452 70 6 932,050 224, 537 60 241,169 42.5 437, 215 15 772, 734 15 24,000 90.6 9 224, 696 288, 097 85 406,976 77 76,151 72,930 1, 387,466 50 2, 745, 410 22 126, 637 37 1,445, 568 70 363, 541 31 329, 635 80 43, 360 62.5 367, 623 60 115, 901 41 150, 445 61. 6666 115, 476 35 759, 993 15 2, 217, 968 15 248,108 46 7 198, 201 533, 973 70 9 124, 945 82 Interest dividends (percent) Date finally closed or restored to solvency Oct. 27,1933 Sept. 15,1933 N o v . 15,1932 1392 1394 1395 1396 1397 1399 1401 1402 1403 1404 1405 1406 1407 1409 1410 1411 1413 1414 1416 1418 1419 1420 1421 14?,2 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 1438 1439 1440 1441 1442 1443 1444 1445 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 252 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks First National Bank, Caruthersville, Mo First National Bank, Capac, Mich First National Bank, Rock Rapids, Iowa Farmers National Bank, Inwood, Iowa First National Bank, Laurinburg, N.C First National Bank, Ridgeway, Mo _ First National Bank, Tyler, Minn_ City National Bank in Miami, Fla First National Bank, Augusta, 111 Pecan Gap National Bank, Pecan Gap, Tex. First National Bank, Hobson, Mont.1 First National Bank, Ladonia, Tex First National Bank, Sesser, HI First National B ank, Greenwood, Miss First National B ank, C onnersville, Ind First National Bank, Titonka, Iowa _ National Bank of Goldsboro, Goldsboro, N.C_ _._ Interstate National Bank, Helena, Ark First National Bank, Rails, Tex First National Bank, Kerkhoven, Minn Merchants & Planters National Bank, Dillwyn, Va.__ First National Bank, Ludlow, Mo Lawrence Avenue National Bank, Chicago, 111 First National Bank, Floyd, Iowa 1 First National Bank, Corning, Ark. National Bank of Wilkes at Washington, Ga City National Bank, Bessemer, Ala First National Bank, Rogers, Ark First National Bank, Brookhaven, Miss1 First National Bank, Litchfield, Minn. First National Bank, Brookfield, Mo Howard National Bank, Kokomo, Ind.1 Planters National Bank, Clarksdale, Miss Anoka National Bank, Anoka, Minn First National Bank, Clinton, S.C 1 First National Bank, Addison, Pa. First National Bank, Crestline, Ohio * First National Bank, Cherokee, Iowa First National Bank, Waverly, 111 Farmers & Merchants National Bank, Sheridan, Ind. Peoples National Bank, Osceola Mills, Pa Clinton National Bank, Clinton, Mo... First National Bank, Connellsville, Pa.1. First National Bank, Redmond, Oreg First National Bank, Panama City, Fla Farmers & Merchants National Bank, Rockmart, Ga_. First National Bank, Republic, Pa_ First National Bank, Hartselle, Ala First National Bank, Jackson, Miss National Bank of Thurmond, Thurmond, W.Va First National Bank, Fairchance, Pa National Bank of Toronto, Toronto, Ohio First National Bank, La Pine, Ala Lincoln National Bank, Avella, Pa American National Bank, Paris, Tex Citizens National Bank, Wilmington, Ohio Security National Bank, Hope, N.Dak First National Bank, Stone, Ky Blossom National Bank, Blossom, Tex _ Coolville National Bank, Coolville, Ohio First National Bank, Veedersburg, Ind Footnotes at end of table, pp. 318, 319. 1462 1463 1465 1466 1467 1468 1469 1470 1471 1472 1473 1475 1476 1477 1479 1480 1481 1484 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1500 1501 1502 1505 1506 1507 1508 1509 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 Capital stock at date of failure Date receiver appointed Dollars 50,000 25,000 100,000 40,000 25,000 60,000 25,000 500,000 60,000 25,000 30,000 100,000 25,000 250,000 200,000 25,000 100,000 250,000 25,000 25,000 50,000 25, 000 200, 000 25,000 50,000 50, 000 100, 000 50, 000 100, 000 75,00C 100, 00C 200,00C 500,00C 50,00C 100, 00C 25, 00C 75, 00£ 100,00C 100, 00C 50, 00C 100,00C 50, 00C 200, 00C 25, 00C 250, 00C 40, 00C 50,00C 100,00C 200, 00C 50,00C 25, 00C 100, 00C 25, 00C 100, 00C 150,00C 100, 00C 25, 00C 50, 00C 30, 00C 25,000 35,00 Dec. 18,1930 Dec. 19,1930 Dec. 20,1930 do. Dec. 23,1930 .—do —do do —_do Dec. 26,1930 do -—do Dec. 27,1930 Dec. 30,1930 do. —do Jan. Jan. —do Jan. 3,1931 6,1931 9,1931 do do Jan. 12,1931 do .—do Jan. 13,1931 do Jan. 14,1931 Jan. 22,1931 do Jan. 26,1931 Jan. 27,1931 do Jan. 28,1931 do. Jan. 31,1931 Feb. 7,1931 Feb. 9,1931 Feb. 10,1931 do Feb. 12,1931 do do. Feb. 13,1931 do. Feb. 16,1931 do Feb. 18,1931 Feb. 26,1931 .do. Mar. 3,193 Mar. 7,1931 Mar. 9,1931 do Mar. 13,1931 Mar. 17,1931 do Mar. 18,1931 Mar. 19,1931 253 EEPORT OF THE COMPTROLLER OF THE CURRENCY 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Book value of assets at date of failure Progress of liquidation to date of this report Total Additional assets assessment Total assets and stock received upon assessment date shareEstimated Estimated Estimated since of failure holders doubtful worthless good Dollars Dollars Dollars 414, 284 165, 266 102, 734 53,061 53, 363 31, 707 146, 541 3, 274,828 150, 583 48, 599 15, 982 39, 634 98, 526 1,122, 053 984, 252 65, 337 161,194 1, 231, 483 28, 969 23,333 90,445 95, 438 200, 336 112,147 3,967 145, 081 193, 746 251,159 920,193 Dollars 131,194 189,386 209,006 188, 623 80,011 117, 569 374, 682 3,390,130 206,466 76, 245 67,910 63,190 167, 866 1, 268, 774 325,925 162, 563 233, 235 855, 325 72, 741 77, 692 131, 629 31, 064 609,989 73,172 32,457 254, 767 514, 871 395,303 276, 539 125, 201 87, 261 293, 216 176, 591 119, 079 94,436 344, 212 1, 729,116 481, 687 184, 433 11, 339 521,157 610,062 24, 219 47, 810 30,510 76,072 22,848 5,989 19,128 54,281 51, 710 367, 739 18, 679 4,256 6,640 2,289 47, 398 71, 764 46,499 9,525 86,126 120,883 6,094 10, 749 29,071 18, 766 27, 764 11, 271 683 146, 665 54, 758 29, 461 57,034 3,656 5,812 101, 784 81, 903 117,173 71, 835 46,115 342, 682 263, 355 153, 399 308, 601 258, 937 37,167 161, 912 599, 097 114, 508 129,178 378, 281 837,292 187, 277 243, 077 833,122 67, 615 438, 68 790, 704 259, 819 146,336 145, 376 79, 401 112, 516 88,498 600 117, 995 49, 651 96, 705 105, 447 202, 749 378, 607 57, 293 403,136 27, 905 48, 644 55, 390 412, 629 21, 536 60, 735 9,160 38, 867 126, 453 139, 940 173, 946 22, 213 32, 945 3,752 26, 815 5,845 535 282, 301 26, 308 117,109 36, 617 59, 790 3,914 16,168 181, 535 58,143 54, 008 41, 495 107, 623 15,994 30, 068 84, 718 8,032 43, 799 173, 077 42, 579 86, 990 16,163 2,938 52,206 34, 731 403, 992 118, 662 243, 623 64,129 163,484 71, 468 187, 750 118, 202 45, 760 275, 693 1, 388,122 159,319 153, 017 261,138 12, 393 455, 468 504, 624 363, 66 33, 383 318, 87 19,049 239,13 125, 668 29,825 112,187 99,128 7,161 33, 694 15, 472 64,443 671, 239 49, 887 15, 031 43, 014 288,069 45,590 234,037 125,350 13,804 83, 267 177,937 23, 505 12,164 14, 478 22, 719 126, 068 18, 787 136,385 50, 387 117, 765 101,189 43, 849 Dollars 50,000 25,000 100,000 40,000 25,000 60,000 25,000 500,000 60,000 25,000 30,000 100,000 25,000 250,000 200,000 25,000 100,000 250,000 25,000 25,000 50,000 25,000 200,000 25,000 50,000 50, 000 100,000 50,000 100, 000 75, 000 200,000 500, 000 50, 000 100,000 75,666 100,000 100,000 50,000 100,000 50,000 200,000 25,000 250,000 40,000 50, 000 100,000 200,000 50,000 25, 000 100, 000 25, 000 100, 000 150,000 100, 000 25,000 50,000 30,000 25,000 35, 000 Dollars colCash col- oasn lections lections from from stock assets assessment Dollars Dollars 655,813 567,911 533, 716 294,834 211,196 279, 029 662,376 8, 203, 936 485, 615 169,131 163, 546 493,182 384, 380 2, 946, 628 1,682, 026 276, 229 663,822 2, 635, 628 156, 309 148, 938 315, 623 192,987 1,164,157 240, 377 223,492 646, 900 981,140 827,112 1,397, 615 78, 656 236, 788 1, 254,414 3, 214, 297 849, 670 523,157 203, 561 106,976 193, 799 135,398 83,816 76,175 317,045 3,035, 032 167, 222 46, 910 21, 710 36, 744 116,537 1, 074, 682 569,328 82, 590 222,019 1,179, 264 66,095 57,491 91, 522 87, 039 314, 265 98, 642 683 110, 337 290,465 317, 303 493, 518 3, 656 103,942 245, 265 1, 389, 609 382,401 192, 866 30,413 7,914 13, 574 9,500 6,365 28,590 12,342 214,905 45, 299 1,147 16,700 2,000 11,078 65,336 172,347 16,657 26,807 148, 260 6,618 19,311 36, 677 17,353 42, 331 10,178 5,820 22,185 14, 708 29,865 51, 024 40, 519 122, 250 1, 246, 970 557, 976 660, 836 614, 794 734, 960 619, 688 331, 841 1, 621, 518 358, 758 327, 590 850, 859 2, 945, 666 434,126 511, 897 1, 288,138 151, 907 1,164, 401 1, 758, 345 940,011 313, 922 563, 361 135,140 455, 672 289, 742 5,591 681, 299 234,135 173, 610 176, 279 279,032 7,471 116,131 373, 325 114,198 64,175 268, 297 1, 280, 820 116, 933 195,163 465, 405 38, 209 237, 638 535, 514 373, 022 72, 927 267,142 27, 767 151, 379 101, 950 46,972 73, 400 56, 720 37, 781 49, 517 26, 941 51, 631 17, 687 59, 215 30, 446 12, 579 53, 556 81,473 17, 233 19, 284 80, 798 10, 416 38, 038 93, 526 90,530 4,826 37, 334 16,179 16,971 25, 844 72,375 101,868 18, 822 57, 309 1462 1463 1465 1466 1467 1468 1469 1470 1471 1472 1473 1475 1476 1477 1479 1480 1481 1484 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1500 1501 1502 1505 1506 1507 1508 1509 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 254 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and, additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections Loss on from all Book assets sources, Book value of comUnpaid Offsets including value of remainbalance allowed offsets al- pounded remaining ing unor sold R.F.C. and setlowed uncollected collected under loan tled and un- order of stock asassets paid balsessment court ance R.F.C. loan 1462 1463 1465 1466 1467 1468 1469 1470 1471 1472 1473 1475 1476 1477 1479 1480 1481 1484 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1500 1501 1502 1505 1506 1507 1508 1509 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 Dollars Dollars Dollars 314,632 4,600 76,058 238,397 123, 507 236, 567 29,194 165,931 8,200 12, 833 108,994 18,813 111,614 6,849 364, 500 35,113 674, 421 3,924, 358 233, 273 20, 452 300 55,081 4,124 2,900 38, 410 63, 386 9,000 15, 642 143,425 15, 810 1,416, 662 245, 444 31, 200 930, 696 62,021 127,000 110, 697 11,450 264,032 15, 206 163,813 1, 491, 337 78,841 6,128 80,645 3,843 139, 674 11,475 113,953 9,561 411, 648 55,052 131,339 15, 519 7,000 46,873 40,370 189,035 26,313 30, 200 385,517 80,344 405, 334 36,466 21, 700 652,402 107,860 44,175 125, 904 4,000 17,962 317, 640 58, 551 1, 550,028 418, 313 17, 090 258,950 8,775 Dollars 8,656 47,410 41,463 52, 563 33, 240 787, 939 15, 080 305, 935 35,170 249, 361 20, 553 ' 250,749 34, 277 340, 250 59,102 152, 509 18, 691 465,080 32, 540 165, 261 20, 617 88,193 11, 439 371, 588 49, 735 161,484 1, 526, 277 150, 839 9,673 232, 898 18, 451 597, 681 49, 578 53, 303 4,678 315, 766 40, 090 755, 883 123, 043 496, 520 32, 968 92, 692 11, 739 323, 397 18,921 48,282 936 207,139 13, 589 140, 670 12, 876 41, 659 432, 431 29, 427 33, 730 35,198 33, 489 1,620 13,043 118, 532 8,048 23, 446 9,446 163, 717 7,867 32, 776 96, 695 14, 493 15, 302 29,432 41, 647 11, 615 1,904 3,217 10, 394 2,800 4,400 2,500 7,000 1,900 3,800 3,200 3,400 25, 200 76,292 17,275 15,943 45,683 55,660 4,642 32, 687 37,194 1,411 5,335 111,019 53,160 2,297 11,586 3,207 114 70, 775 3,234 132,439 934 4,857 15,716 36,023 1,271 45,975 88,378 41, 813 27, 609 Footnotes at end of tables, pp. 318, 319. Disposition of proceeds of liquidation Conservators' distributions To secured creditors To unsecured creditors Dollars Dollars Dollars 19,587 317,538 17,086 265,018 86,426 169,260 30, 500 106, 603 18, 635 7,275 31,410 118, 730 12, 658 269, 275 285,095 3,948,800 14,701 182, 281 23,853 93,097 13,300 111,836 98,000 336,154 13, 922 194,346 184, 664 1,339, 308 27,653 849, 266 8,343 151,854 73,193 215,578 101,740 989,391 18, 382 56, 789 5,689 51,018 13, 323 159, 419 7,647 71, 273 157,669 524,065 14,822 97,982 44,180 459,316 27,815 505, 474 85, 292 407, 627 20,135 660, 214 48,976 34, 481 113,613 127, 625 763,174 398,132 1,177, 759 31, 178 358, 366 42, 691 193, 907 Dollars 179, 334 368, 326 282, 764 338, 162 410, 597 158, 976 847, 121 175, 895 178, 530 423, 381 1,139, 645 249, 653 240, 507 576, 460 69, 527 771, 371 920, 356 392, 374 192, 641 225, 394 73, 220 255, 310 139, 916 28,028 26, 600 43, 280 12, 219 50, 483 23,059 148, 369 7,313 190, 785 9,554 37, 421 46, 444 118, 527 32, 767 5,716 19, 202 14, 584 61, 962 56, 474 9,470 20,174 12, 666 13,821 8,029 9,156 Dividends paid by receivers On secured claims On unsecured claims Dollars Dollars 144,574 17, 485 23,330 131,850 108,696 58,723 62,751 249, 503 1,130, 869 13,494 133, 735 39,044 15,600 11,051 54,310 8,761 326, 769 111,685 681,840 69, 263 58, 237 13,113 648,905 7,582 19, 785 2,832 53,187 60, 582 10,310 60, 748 150,456 2,484 85,997 2,557 83,558 99, 567 41,539 210,365 6,480 172, 331 6,308 37, 297 ~"~68,~2l9 55 64, 529 144, 798 148, 638 249,152 136,192 15,177 47,850 io~659,~825 189, 307 109,796 150,451 139, 850 47,005 8,429 ~~"34,~766 144, 854 50, 032 93, 309 • 2,555 42, 831 8,918 114, 747 27, 284 850, 034 27, 905 47, 729 2,481 141, 384 291, 537 5,828 15, 965 2,480 160, 347 268, 938 14,132 325, 299 8,871 4,623 215, 714 21, 746 4,451 126, 544 74,136 REPORT OF THE COMPTROLLER OF THE CURRENCY 255 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preReceiv- Cash in ferred lia- Cash adbilities paid vanced in Conser- ers' sal- hands of comparies, except protec- vators' legal and troller through expenses tion of and reother dividends, assets expenses receivers including offsets allowed Dollars Dollars Dollars 3,047 114,228 164,802 16,229 87,074 317 40,919 739 36,401 140 25,548 1,738 92, 430 2,941 2, 453, 221 93, 028 69, 528 10, 526 4,408 21, 441 476 33, 712 934 53, 977 3,600 842, 299 53, 955 171, 503 26, 739 21, 674 25 162,131 5,840 661, 906 36, 984 38, 451 1,250 18,180 44, 897 778 39, 007 1,355 207, 329 1,242 27, 745 642 40, 370 76, 454 5,295 174,140 2,414 141, 399 15, 350 342,492 3,915 3,512 38,792 613 222, 294 1,680 1,156,165 3,734 124, 688 8,974 75,457 1,594 107, 256 85, 709 105, 530 74,178 174,018 2,277 79, 792 200,807 38, 982 25, 322 192, 003 492,192 72,891 59, 361 246,446 25, 395 63, 540 423, 890 131, 278 65, 277 68,850 14,124 61,323 37,319 6,211 1,687 1,257 463 4,776 2,820 5,489 1,021 3,896 53, 557 777 1,666 26,562 267 7,970 6,654 328 3,696 39 930 7,303 Dollars Dollars 23,123 12,175 24, 584 9,452 14,994 2,332 13,954 1,623 10,300 3,430 16,163 5,414 15,189 4,437 101,133 132,613 14, 753 4,731 7,294 4,335 892 13,600 4,089 14, 652 8,125 54,145 27, 809 36, 474 14,140 11, 437 8,298 17,136 7,575 47, 515 88, 445 10, 375 6,148 7,780 1,498 13, 948 9,159 8,308 4,535 32, 009 18,128 12, 373 4,582 3,569 377 20, 621 3,107 20, 648 47, 209 28,879 2,861 48, 286 79,070 3,366 14,706 3,574 15, 440 13, 642 56, 463 40, 230 20, 216 15, 283 13,991 16, 539 2,031 20, 858 16,906 21,802 22, 337 20,808 6,537 17,095 37,805 18,021 8,239 22, 572 89,054 16,168 18, 397 25, 061 7,384 27,003 34,973 27,660 8,995 17,814 4,996 15,434 10,745 2,682 14,013 6,022 2,096 4,317 2,820 7, 651 28,762 6,905 1,862 11,086 13, 535 10,793 12,090 2,247 1,812 56,906 7,296 11,955 1,230 21,008 2,926 2,908 11,167 Amount of claims proved Dollars 354,088 291, 623 216,148 164, 641 90, 343 78, 458 448, 957 3,520, 472 267, 529 104,162 60, 000 221, 021 218, 706 1,048, 796 1,048, 927 198,101 203, 827 1,294, 236 47, 748 70,954 146, 262 73, 635 557,030 153, 573 85, 227 303, 844 555, 909 492, 943 663, 263 185,134 90, 987 717, 608 1, 772, 245 508,843 209, 526 Dividends (percent) 48 8 51 66 65 80 54 32.5 50 37.5 39 5 25 30 65 35 32.5 50 41.5 75 46 82.5 27 56 3 27.5 25 43 26 20.146 75 9 25 49 70 90 640, 550 iciOO 242, 714 78 320, 714 34 316,739 47.5 349, 024 40 20 205,345 21 629, 062 30 176, 571 53 137, 675 37.5 327, 848 35 1, 687, 829 50 213, 059 22.5 312, 845 45 659, 616 44 52, 261 35 801, 319 20 790, 698 34 518,404 62.5 130,066 10 334,142 65 48,330 45 286,812 44 138,553 53.3333 Interest dividends (percent) Date finally closed or restored to solvency 1462 1463 1465 1466 1467 1468 1469 1470 1471 1472 1473 1475 1476 1477 1479 1480 1481 1484 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 Aug. 1,1933 1497 1500 1501 1502 1505 1505 1507 1508 Sept. 1,1933 1509 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1543 256 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks First National Bank, Champlain, N.Y First National Bank, Rouses Point, N.Y First and Farmers National Bank in Luverne, Minn American National Bank, Honey Grove, Tex.1 First National Bank, Portage, Pa First National Bank, Springfield, Minn.* Central National Bank, Ellsworth, Kans First National Bank, Rockwell, Iowa __First National Bank, Worthington, W.Va National Bank of Norton, Norton, Va First National Bank, Oak Park, 111 Austin National Bank, Chicago, HI First National Bank, Ivanhoe, Minn Orangeburg National Bank, Orangeburg, S.C.1 First National Bank, Macedon, N.Y Woodlynne National Bank, Woodlynne, N.J First-Rempel National Bank, Logan, Ohio Second National Bank, Altoona, Pa Monongahela National Bank, Brownsville, Pa First National Bank, Richwood, Ohio 1 Citizens National Bank, Monessen, Pa. Noble County National Bank, Caldwell, Ohio * First National Bank, Masontown, Pa Central National Bank & Trust Co., St. Petersburg, Fla. Merchants National Bank, Point Pleasant, W.Va.1 First National Bank, Waldron, Ark___ 1 First National Bank, Langdon, N.Dak. First National Bank, Brandt, S.Dak First National Bank, Millsboro, Pa. First National Bank, Tracy, Minn._ Old National City Bank, Lima, Ohio First National Bank, Winnfield, La.1 National Bank of Kinston, Kinston, N.C First National Bank, Kinston, N.C_ First National Bank & Trust Co., Paris, 111.1 First NationalBank, Pomeroy,Iowa First National Bank, Terre Bella, Calif Commercial National Bank, Essex, Iowa Farmers National Bank, Hickory, Pa Savona National Bank, Savona.N.Y Montgomery County National Bank, Cherryvale, Kans._ Security National Bank, Milford, Iowa Peoples National Bank, Shakopee, Minn First National Bank, Dawson, Minn Overbrook National Bank, Philadelphia, Pa _First National Bank, Crary, N.Dak Albany Park National Bank & Trust Co., Chicago, 111 Farmers National B ank, Pomeroy, Wash Citizens National Bank, Odessa, Tex First National Bank, Holton, Kans Iron National Bank, Ironwood, Mich First National Bank, Smithfield, Pa McCartney National Bank, Green Bay, Wis National Bank of Lynwood, Lynwood, Calif First National Bank, Prattville, Ala First National Bank, Fowler, Ind First National Bank, Irvona, Pa. Citizens National Bank, Warren, Pa First National Bank, Smithfield, Ohio i Washington Park National Bank, Chicago, 111 Inland-Irving National Bank, Chicago, 111 Footnotes at end of table, pp. 318, 319. 1535 1536 1538 1539 1540 1541 1542 1543 1544 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 1563 1564 1565 1566 1567 1568 1569 1570 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1587 1588 1589 1590 1591 1592 1593 1594 1595 1596 1597 Capital stock at date of failure Date receiver appointed Dollars 100,000 Mar. 19,1931 50,000 — _do 100,000 Mar. 23,1931 100,000 Mar. 25,1931 60,000 do. 40,000 Mar. 26,1931 100,000 Mar. 30,1931 25,000 do 30,000 Mar. 31,1931 50,000 100, 000 250,000 Apr. 1,1931 25,000 Apr. 6,1931 200,000 Apr. 9,1931 25,000 Apr.do.10,1931 50, 000 Apr. 11,1931 100,000 Apr. 16,1931 125,000 do 100, 000 .—.do 40,000 Apr. 17,1931 100,000 do. 60,000 Apr. 18,1931 do 100,000 300,000 Apr. 21,1931 100,000 Apr. 22,1931 do 25,000 50,000 Apr. 23,1931 25,000 Apr. 27,1931 25,000 Apr. 28,1931 50,000 Apr. 29,1931 do 300,000 25,000 Apr. 30,1931 120, 000 May 1,1931 125,000 do 150, 000 May 4,1931 40, 000 May 5,1931 do. 25,000 50,000 do 90,000 May 6,1931 25,000 do50,000 May 7,1931 50,000 May 11,1931 25,000 May 13,1931 30, 000 May 14,1931 500,000 May 15,1931 25,000 May 18,1931 300,000 May 19,1931 50,000 do—. 50,000 do. 50, 000 May 23,1931 100, 000 May 26,1931 75,000 May 27,1931 500, 000 May 29,1931 50,000 do 50,000 June 1,1931 75,000 June 2,1931 25, 000 do 125,000 June 4,1931 100,000 June 5,1931 600,000 June 9,1931 525,000 do REPORT OF THE COMPTROLLER OF THE CURRENCY 257 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Book value of assets at date of Progress of liquidation to date of this report failure Total Additional Total assets assessment assets upon received and stock col- Casn colsharedate assessment Cash lections lections Estimated Estimated Estimated since from holders of failure from good doubtful worthless stock assessassets ment Dollars ' Dollars Dollars 658,870 352, 700 489,135 818, 883 483,105 235,474 21,140 5,383 257,656 118,958 536, 591 98, 994 26, 581 216,451 149,099 1,495,116 79, 236 57,179 126, 540 112,865 446,127 1, 996, 352 1, 540, 211 156, 632 719,330 40,100 528, 296 108, 590 183, 570 115, 202 319, 550 1, 531, 216 157,133 610,157 147,918 215, 893 480, 238 1, 637,990 3,302, 311 194, 719 131, 505 22,239 176, 583 7,983 24,061 25,854 17,570 84, 248 12,097 95, 958 38, 548 27,990 103, 612 168, 476 392,174 101,097 490 356,002 900, 250 14, 883 1,734,037 1,648,468 64,475 130, 236 577,393 113,902 475 43, 536 57,488 262, 866 1,409,137 1,568 379, 571 99,154 289, 304 74, 627 37, 578 93, 989 350, 688 47, 670 44, 770 61,057 46,115 106,009 1,144,140 19, 860 908, 969 107,062 100,409 188, 561 368, 964 116,489 1,137,924 173,154 106,554 199, 290 84, 583 403, 964 516 2, 863, 461 1, 992, 425 106,987 18,081 45,177 80,312 326, 699 1,181,829 12,337 78,974 9,562 2,008 36,939 274,678 597,029 730, 842 279,181 89, 483 110, 811 137, 609 267, 894 75,917 171, 599 206, 265 172,182 110,400 2, 448, 443 59, 637 1, 595, 801 163, 243 418, 595 239,124 282,934 497,601 1,172, 676 58,977 305, 217 160, 236 248, 232 637, 076 43,822 4, 086, 761 3, 243, 080 35, 626 175,005 194, 940 58,981 13,555 25,873 60, 786 34,435 60, 287 45 791 60,197 327,780 25,949 86,003 28,770 26, 676 117,003 13,235 54,119 888,370 46,967 139, 681 67,011 7,484 102,819 97,956 1, 593, 884 468, 707 Dollars 111, 148 59,666 280,195 3,091 19, 711 14,390 90,554 6,247 10,057 8,082 27,300 111,451 51,185 14, 516 43,950 27,445 113,813 130,920 268, 966 10, 570 654 6,681 79,137 493,980 234 25, 659 445 49,100 17,067 25,286 206,608 58 59,092 13, 221 85, 303 26, 563 32,969 46,726 32,190 21, 420 63,321 94,451 5,619 70,807 75, 596 45,438 225, 263 40,344 12, 449 41,467 31,854 88,428 160,098 20,811 97, 508 47,481 18,900 61, 231 149,934 627, 204 328,159 Dollars 100,000 50,000 100,000 100,000 60,000 40,000 100,000 25,000 30,000 50,000 100,000 250,000 25,000 200,000 25,000 50,000 100,000 125,000 100,000 40,000 100,000 60,000 100,000 300,000 100.000 25,000 50,000 25,000 25,000 50,000 300,000 120, 000 125,000 150,000 40,000 25,000 50,000 90,000 25,000 50,000 50,000 25, 000 30,000 500,000 25,000 300,000 50,000 50,000 50,000 100,000 75,000 500,000 50,000 50,000 75,000 25,000 125,000 70,000 600,000 525,000 Dollars Dollars 1, 710,041 950, 854 1,362,460 103,091 1,049, 504 116, 729 1,432, 024 246,814 274, 269 415, 589 613, 519 3,472,031 324,651 977,810 381,956 434,193 1,243,790 4,058, 738 5, 603, 662 503,018 100, 654 146,529 2,399,412 3,920,091 100, 234 283, 885 147,975 172,375 181,875 701, 790 3,372, 252 1,626 1,191, 318 1,143, 222 998, 728 289, 654 219,913 354,197 801, 558 204,442 389,977 411,818 249,707 377, 413 4,495,959 175, 884 3,116, 036 389, 419 608,129 636,155 * 796,987 831,637 3, 859,068 349,909 698,960 549, 018 384,199 1,330,090 362, 228 9,771,310 826, 702 494, 993 399, 782 3,064 232,136 3,547 732,676 78,908 92,980 160,899 186, 617 1, 262, 749 136, 333 60,185 206,165 119, 237 484, 693 1,681, 370 1, 410, 709 154, 085 641 5,233 664,811 1,338,147 234 140,953 926 55, 355 69, 419 309, 092 1,128,097 1,626 290, 024 234,244 276,462 74, 974 93, 639 147, 327 229,068 100, 068 105,180 110, 221 135, 679 72, 901 1,415,335 24, 702 1,329, 572 129,489 160,462 219, 729 411,923 203,873 1, 539, 728 171, 257 200, 774 147,081 118, 246 522,173 1,616 3,877,985 6,557,371 2,373,870 Dollars 76,800 42,825 44, 757 94,095 10, 410 19, 755 45,250 9,208 26, 564 14, 787 13,485 96, 490 2,000 77, 745 21,470 28,765 45,279 73,499 63,788 22,750 53,851 30,606 7,150 153,164 73, 650 5,530 10,864 13,174 16, 515 21, 346 166,613 34, 608 36, 883 91,994 4,000 3,807 18, 901 71,489 22, 500 8,259 9,794 14, 657 13,400 231,495 3,681 120,124 42,035 11, 486 10, 302 29,368 45, 278 347, 846 12, 217 20,824 50, 643 8,481 91, 513 22, 399 226, 572 94, 711 1535 1536 1538 1539 1540 1541 1542 1543 1544 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 1563 1564 1565 1566 1567 1568 1569 1570 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1587 1588 1589 1590 1591 1592 1593 1594 1595 1596 1597 258 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all Loss on assets sources, Unpaid Offsets including combalance allowed offsets al- pounded B.F.C. and setor sold lowed loan tled under and unorder of paid balcourt ance R.F.C. loan Dollars 1535 1536 1538 1539 1540 1541 1542 1543 1544 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 1563 1564 1565 1566 1567 1568 1569 1570 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1587 1588 1589 1590 1591 1592 1593 1594 1595 1596 1597 17,000 2,000 8,500 1,600 20,300 88, 300 8,000 67,000 31, 700 2,100 7,700 4,500 6,400 8,500 5,250 9,000 6,100 Dollars Dollars 940,602 37,100 558, 889 21,071 477,612 33, 073 97,159 273, 045 13, 499 23,302 841,444 61, 518 113, 873 17,257 126,196 5,052 213, 304 17, 318 230,308 30,206 160,306 1, 607, 845 148,045 9,712 137,930 248, 742 21,107 186,924 30,922 604,951 74,979 214,787 2,036, 656 258,479 1,732,976 197,822 20,987 54,492 35, 839 739,441 35, 780 305,095 1,796,406 73,884 155,949 7,366 11, 790 87, 854 19, 325 91, 520 5,586 374,487 44,049 120, 546 1,415, 256 1,626 350, 254 25, 622 300, 442 29, 315 385, 470 17,014 95, 721 9,047 114,604 17,158 179, 233 8,505 337, 287 36, 730 132,477 9,909 119,706 6,267 140, 864 14, 449 156,187 5,851 108, 351 13, 550 204, 231 1, 851,061 35, 788 2,155 79,929 1, 529, 625 191,418 19, 894 213,865 32,917 266, 666 36, 635 479, 794 38, 503 274,495 19,244 135, 518 2,023,092 2Q3, 375 19,901 255, 649 34,051 215, 693 17,969 134, 953 8,226 665,096 51, 410 24,015 608, 357 4, 712,914 2,945,594 477,013 Dollars 417,843 253, 099 32,106 27 33, 632 73,182 65, 205 9,822 29,900 6,854 26, 235 296, 064 15, 469 58, 755 18, 840 56,177 80,934 239,839 24,954 196, 763 164, 329 201 14, 595 2,222 13,903 9,945 97,880 290, 394 256,067 674 18, 554 34,947 9,702 43,183 28, 532 41,828 41, 739 30, 614 7,363 213, 436 2,802 193, 853 119 5,202 5.8,126 55, 375 146, 637 210, 402 23, 717 26, 394 25, 935 66, 696 15, 273 544,126 227, 006 Footnotes at end of table, pp. 318, 319. Disposition of proceeds of liquidation Conservators' distributions Book value of remaining uncollected assets Book value of remaining uncollected stock assessment To secured creditors To unsecured creditors Dollars Dollars Dollars Dollars 23,200 328, 396 7,175 131, 691 55, 2*3 797,499 5 905 49, 590 710, 237 20, 245 54, 7oO 472, 625 15, 792 115, 827 3,436 116, 337 35, 213 180, 518 86, 515 270, 461 153, 510 1, 502,912 23,000 138,137 122,255 717, 625 3,530 70,929 21,235 215,194 54, 721 527, 941 51, 501 1,956, 647 36, 212 3, 594, 635 17, 250 262, 992 46,149 13 29, 394 81, 296 92, 850 1,402,058 146, 836 1,812, 520 26, 350 19, 470 110, 365 39,136 82,454 11, 826 70, 473 8,485 67,967 28, 654 288, 704 133, 387 1, 725, 729 465, 278 498, 596 554, 578 147,079 49,169 138, 663 402, 577 40,933 186, 702 195, 409 52, 563 253, 599 2,162,957 121, 225 1, 212, 682 189, 917 359, 548 271, 665 191,186 386, 883 1,473,420 85, 034 387, 741 283, 033 166, 031 616, 234 290, 612 4,140,842 2,954, 482 85,392 88,117 58,006 36,000 21,193 31,099 18, 511 2,500 41,741 40, 206 10, 343 16,600 268, 505 21,319 179, 876 7,965 38, 514 39, 698 70, 632 29,722 152,154 37, 783 29,176 24, 357 16, 519 33,487 47, 601 373,428 430, 289 Dividends paid by receivers On secured claims Dollars 25, 876 3,108 15,401 7,231 47, 835 33, 253 10,132 4,400 560 3,013 4,052 3,'879 29,898 28, 739 94,995 12, 231 7,912 3,975 2,361 15, 958 5,908 23, 402 On unsecured claims Dollars 820, 901 496,115 117, 230 95, 788 175, 2^2 1,934 423, 9U4 66, 7i3 66, 803 48, 222 145, 320 742 099 53,941 179, 544 81, 598 266,171 893,431 946,061 73, 6 9 4 46, 2 7 0 27, 567 126, 429 675, 279 70,069 76, 647 20, 615 56, 505 254, 645 704, 663 1,471 52,634 37,404 51,811 37,406 1^2, 306 222, 904 102,038 10, 337 71,107 67,198 32,937 790, 242 13, 407 628, 887 50,129 84, 640 94, 383 250, 266 157,191 1,361,842 18,093 45,153 128,480 39,683 511, 052 20, 895 3,347, 571 2,760 1,086,733 REPORT OF THE COMPTROLLER OF THE CURRENCY 259 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preferred lia- Cash adReceivbilities paid vanced in Conser- ers' salexcept vators' aries, legal protecthrough other dividends, tion of expenses and expenses including offsets allowed Dollars Dollars Dollars 1,843 50, 751 21,149 300,197 582 69,387 3,180 350, 053 30, 294 42, 458 127, 558 32, 714 755, 245 72,872 56, 292 48,813 87, 473 228,462 1, 046, 604 558, 742 84,903 3,3 29,069 630 371 3,804 24, 273 18, 202 2,143 200 368 13,476 7,837 25,891 3,879 533,694 861,479 33, 374 111, 941 58, 932 4,152 50, 606 23,474 91, 540 620, 635 144 2,332 3,466 215,119 206,003 247,105 27,906 50,369 38,159 51, 740 17, 111 80, 281 68,399 55.182 964,870 11, 680 713, 610 88, 333 93.183 119, 798 171, 232 94,496 457,839 168,183 144, 720 56, 716 63, 566 96,805 1,240 793,823 1, 549, 265 411 15,207 545 1,161 460 395 955 7,585 95 62,905 11,838 2,424 2,528 6,869 2,494 71,003 587 138 2, 722 979 3,976 37,367 5,968 Cash in hands of comptroller and receivers Dollar, Dollars 23, 595 43, 512 12, 911 28, 714 18, 272 15,455 1,371 2,696 19,196 2,787 4,299 34,119 12,613 3,623 13, 940 2,624 16,103 17,617 19, 404 8,597 75, 374 16, 925 7,'"' 3,860 3,175 78, 463 12, 458 7,727 16,874 611 42,143 6,864 75, 241 76, 916 18, 383 5,153 2,916 31, 643 135, 341 1,297 11,914 1,754 10, 058 7,703 15, 653 56, 545 155 19, 028 20,182 20, 997 12,193 5,764 11, 658 22,166 9,405 11,393 14,121 11,625 12, 706 63, 440 5,839 74, 356 17,133 22,436 15, 564 23, 652 17,988 69,392 11, 871 15, 551 12,162 12, 519 33, 830 1,335 206,415 151, 018 13, 543 92,113 10, 780 3,069 1,477 9,901 11,806 2,518 1,291 5,984 2,696 3,694 10, 317 29, 947 32,879 7,703 7,166 3,266 8,834 5,949 40, 017 3,923 9,388 5,007 8,965 2,596 24,924 2,406 49, 867 8,027 5,274 34,393 27, 775 2,326 63, 016 4,641 26,685 15, 613 18, 206 19,433 545 327, 738 149,850 Amount of claims proved Dividends (percent) Interest dividends (percent) Date finally closed or restored to solvency Dollars 1, 214, 387 67.5 708, 563 70 646, 501 22 100, 000 95.78 713, 504 25 23, 299 74.4 756, 883 56 158, 989 43 154,472 43 148,394 32.5 363, 317 40 1,855, 211 40 149,843 35 498,800 15.5 276,420 65 214, 588 38 669, 036 44 1,860, 664 48 3,914,996 25 332, 040 25.1666 103, 095 45 45,945 60 1, 308, 283 10 1,801, 547 37.5 84, 421 83 137,180 56 57,886 7 81,194 30 83, 096 68 478, 281 52.5 1,867, 481 37.5 1,471 100 819, 038 10 725,117 9 593, 719 16 129, 528 40 68,811 40 158, 300 77.5 499,164 47 170, 063 60 145, 078 12 158, 015 45 123, 433 55 181, 840 20 2, 257,834 35 69, 739 22.5 1, 462, 397 43 140, 486 45 387,813 23. 3333 343, 316 27.5 350, 446 71.5 418, 338 37.5 1, 945, 729 70 72, 739 25 695, 340 10 2'85, 511 45 238,078 16. 6666 866,189 59 54,987 38 6, 690, 359 50 3,620, 586 30 1535 1536 1538 Sept. 6,1933 1539 1540 M a y ~10~1933 1541 1542 1543 1544 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 1563 1564 1565 1566 1567 Oct. 30,1933 1568 1569 1570 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1587 1588 1589 1590 1591 1592 1593 1594 1595 1596 1597 260 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Capital stock at date of failure Name and location of banks First National Bank, Mountain Lake, Minn _ Commercial National Bank, Hattiesburg, Miss Farmers National Bank, Cross Plaines, Tex Manufacturers National Bank & Trust Co., Rockford, 111 Mahaffey National Bank, Mahaffey, Pa First National Bank, St. Clair Shores, Mich Security National Bank, Rockford, 111 Peoples National Bank, Delmont, Pa First National Bank, Downers Grove, 111 First National Bank, Chillicothe, Mo Planters National Bank, Saluda, S.C Waukegan National Bank, Waukegan, 111 Bottineau National Bank, Bottineau, N.Dak Kingwood National Bank, Kingwood, W.Va Merchants National Bank, Willow City, N.Dak Citizens National Bank, Jenkintown, Pa First National Bank, Watseka, Ill__ Peoples National Bank of Winston, Winston-Salem, N.C First National Bank, Morrisonville, 111 First National Bank, Elliott, Iowa First National Bank, Genoa, N.Y_ First National Bank, Bagley, Iowa First National Bank, Blissfield, Mich First National Bank, Dearborn, Mich First National Bank, Royal Oak, Mich First National Bank, Beggs, Okla First National Bank, Federalsburg, Md First National Bank, Mechanicville, N.Y Boston National Bank, South Boston, Va Second National Bank, New Hampton, Iowa First National Bank, Scobey, Mont Will County National Bank, Joliet, 1111 First National Bank, Stronghurst, 111. Floyd County National Bank, Floydada, Tex.1 Walthill National Bank, Walthill, Nebr Third National Bank, New London, Ohio Greenville National Bank, Greenville, Mich___ First National Bank, Greensboro, Ala Steel County National Bank, Finley, N.Dak First National Bank, Terrell, Tex.1 First National Bank, Beaverdale, Pa First National Bank, Ripley, N.Y Oconto National Bank, Oconto, Wis Union City National Bank, Union City, N.J National Bank of North Hudson at Union City, N.J First National Bank, Boyne City, Mich First National Bank, Ryder, N.Dak First National Bank, Plaza, N.Dak First National Bank, Van Hook, N.Dak First National Bank, Parshall, N.Dak First National Bank, Maryville, Mo Manufactures National Bank, Mechanicville, N.Y Columbus National Bank, Columbus, Ohio * First National Bank, Polo, 111 First National Bank, Blythe, Calif First National Bank in Mount Vernon, S.Dak First National Bank, Colony, Kans National Bank of Monticello, Monticello, Ind. 1 First National Bank, Lehigh, Iowa First National Bank, Fairchild, Wis United States National Bank, Los Angeles, Calif Footnotes at end of table, pp. 318, 319. 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 1623 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 1646 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1658 ___ _. -__ Date receiver appointed Dollars 25,000 June 12,1931 100,000 do 25,000 June 13,1931 500,000 June 16,1931 do. 50,000 50,000 June 17,1931 200,000 June 18,1931 25,000 do. 100,000 June 19,1931 100,000 June 22,1931 do 100,000 do 250,000 25,000 June 23,1931 do. 25,000 25,000 June 27,1931 150,000 do 50,000 June 29,1931 do 150,000 do 50,000 50,000 July 2,1931 do 25,000 25,000 60,000 July 3,1931 do 150,000 do. 150,000 do 25,000 July 9,1931 do 25,000 do. 50,000 200, 000 July 10,1931 100,000 July 14,1931 do 30,000 200,000 July 15,1931 75,000 July 17,1931 50,000 do 25,000 July 20,1931 50, 000 do 50,000 July 21,1931 100,000 do 25, 000 July 27,1931 200, 000 do 50, 000 July 28,1931 25, 000 July 30,1931 60, 000 Aug. 3,1931 300, 000 Aug. 6,1931 do 600, 000 50,000 Aug. 7,1931 25, 000 Aug. 8,1931 25,000 do do 25,000 25,000 do 100, 000 Aug. 10,1931 100, 000 do 500,000 Aug. 11,1931 50, 000 Aug. 12,1931 50, 000 do 25, 000 do 25, 000 Aug. 14,1931 40, 000 Aug. 15,1931 25, 000 Aug. 17,1931 25, 000 Aug. 18,1931 1, 000, 000 do REPORT OF THE COMPTROLLER OF THE CURRENCY 261 1938, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 81, 1933.—Continued B o o k value of assets at date of failure Total Additional assets assessment upon received date shareEstimated Estimated Estimated since of failure holders good doubtful worthless Dollars Dollars Dollars Dollars Dollars 185,465 73,161 29,354 45,714 25,000 220,979 440,526 240,671 21,238 100,000 29, 721 110,460 68,418 25,376 25,000 2, 204,934 2,895,098 81, 831 75,021 500,000 253, 287 407,484 23, 343 26,140 50,000 127, 903 517, 346 41,766 90,105 50,000 724, 599 1, 272, 625 412,832 119,183 200,000 150, 043 203, 795 13,173 43, 251 25,000 393,110 611,026 50, 212 39, 581 100,000 200,135 551, 111 339,941 24, 671 100,000 83, 470 435,128 61, 920 6,553 100,000 1,108, 437 2, 311,901 57,157 190, 397 250,000 126, 647 160,634 88, 245 14,806 25,000 216, 699 61,438 3,000 13, 508 25, 000 28,579 55, 304 39, 661 3,098 25,000 113, 647 440, 793 173, 057 13, 512 150, 000 156,136 189, 675 40, 889 27,980 50, 000 341, 035 472, 331 456, 772 274,947 150, 000 88, 272 175,884 11, 859 67, 747 50,000 40, 286 108, 327 55, 724 64, 081 50, 000 71, 449 162, 293 6,748 12, 271 25,000 77, 720 70, 244 33, 384 70,463 25,000 157, 308 625, 757 1,635 57,460 60, 000 254, 380 585,245 24, 820 39, 479 150, 000 191, 937 617, 400 70, 962 117, 378 150,000 95, 275 78, 510 20, 017 12,866 25, 000 89, 448 169, 754 13, 567 25, 000 6,203 498, 771 874, 205 18, 631 80, 311 50, 000 370, 269 562, 637 293, 533 25, 912 200, 000 386, 933 370, 051 45, 305 84, 681 100,000 96, 930 196,110 1,618 19, 668 30,000 772, 242 2, 309, 567 105, 397 214, 253 200, 000 1,157 75, 000 84, 851 249, 887 69, 728 6,811 50,000 49, 461 53, 006 17, 635 6,161 25,000 203, 733 295,118 10, 586 47, 022 50,000 48, 273 257, 611 25, 501 32,952 50,000 147, 999 241,418 38, 070 32, 777 100, 000 23, 592 181, 778 11, 201 17, 266 25,000 240 100, 000 151 362 522, 793 17, 735 58, 759 50, 000 256, 786 246,153 104, 621 72, 067 25,000 94, 942 598, 878 95, 220 82, 272 60,000 260 3*8 1,071, 211 14, 981 53, 404 300,000 7 2, 7 1. 920 7, 232,142 23,184 346, 232 600,000 158, 980 303, 497 29, 578 138, 275 50,000 43, H i 90, 963 27, 346 16, 394 25, 000 71, 213 101, 588 29, 311 29, 764 25,000 65, 802 183, 400 11, 935 5,316 25,000 62, 693 129, 704 4,569 15,484 25,000 280, 620 382, 258 13,417 77, 223 100,000 1, 567, 364 1, 636, 261 134,899 174, 230 100,000 2,150 500,000 17, 602 263, 798 256, 619 17,840 50,000 150,977 248, 967 27, 780 21,926 50,000 37, 875 157, 068 4, 732 50, 713 25,000 38, 610 111, 181 3,797 14, 232 25,000 4,009 701 51,152 697 30,000 43,170 235,996 3,860 16, 851 25,000 38,412 113, 810 6,121 32, 786 25,000 6,174,953 2, 236,904 525,464 355, 836 1,000,000 Progress of liquidation to date of this report Total assets and stock assessment Dollars 358,694 1,023,414 258,975 5, 756, 884 760, 254 827,120 2, 729, 239 435, 262 1,193,929 1, 215,858 687,071 3,917,892 415, 332 319, 645 151, 642 891, 009 464, 680 1, 695, 085 393,762 318,418 277, 761 276, 811 902,160 1,053,924 1,147, 677 231, 668 303, 972 1,521,918 1, 452, 351 986, 970 344, 326 3, 601, 459 .76,157 461, 277 151, 263 606, 459 414, 337 560, 264 258, 837 100, 240 800, 649 704, 627 931, 312 1, 699, 944 10,973, 478 680, 330 202, 814 256, 876 291,453 237, 450 853, 518 3, 612, 754 502,150 605, 859 499, 650 275, 388 192, 820 86, 559 324, 877 216,129 10, 293,157 Cash collections from assets v^asn collections from stock assessment Dollars Dollars 151,555 21,176 458,450 34,383 50,700 5, 250 2, 672, 394 274,137 231,871 33,486 144, 595 28, 719 955, 763 117, 482 182, 306 19, 815 399, 692 50,130 299, 353 63, 091 236,464 34,198 1,174,959 86, 696 100, 581 1,841 62, 673 14, 394 21, 381 5,872 152, 673 37,814 147, 578 21, 001 332, 566 36,925 91, 494 26, 773 116,426 19,105 161, 651 23,094 64, 718 16,818 313,137 49, 000 335, 435 65, 793 138,124 46, 681 105, 905 166,996 22,076 35,855 813,915 96, 784 274, 676 89,825 365, 300 241 78, 530 50, 647 1, 278, 361 20, 841 106 103, 590 2,199 500 61, 570 41,807 261, 943 13,397 127,162 5,701 132, 414 2,525 51, 832 60,088 240 275,471 26, 408 24, 599 179,912 32, 290 350, 730 34, 819 644,991 85, 838 5, 057, 333 9,108 245,089 1,393 34, 626 350 64, 084 50 37, 021 2,277 40, 693 9,741 309,144 1, 851, 809 77, 340 2,150 226,940 30,982 247, 564 217,973 12, 642 15,170 37, 395 54, 861 4,634 20,997 2,835 123, 877 11,085 2,141 57, 759 5, 505,939 476,326 1598 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 1623 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 1646 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1658 262 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets alR.F.C. and set- lowed tled loan and unpaid balance K.F.C. loan 1598 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 1623 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 1646 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1658 Conservators' distributions Loss on Book assets Book value of comvalue of remainpounded remaining ing un- To se- To unor sold uncollected collected under stock as- cured secured order of credisessment credicourt tors tors 19,489 238, 724 11,174 17, 581 1, 264 14, 519 12,410 39, 356 17, 380 9,301 13,102 10,328 3,800 20,809 73, 456 26, 780 11, 300 15,415 6,300 11,460 64,161 15,668 39, 646 7, 200 1,588 149,370 1,051 21,190 700 8,511 10,741 4,798 7,581 4,463 3,200 13, 900 9,000 63, 300 83, 000 6,000 13, 900 7,500 16, 266 32, 306 32, 829 41, 431 269, 220 21, 839 4,273 307 6,330 2,948 40, 261 236, 789 20,333 2,158 3,517 5,218 1,950 7,216 7,971 3,600 691, 028 3,000 "7,166 Dividends paid by receivers On se- On unsecured cured claims claims Dollars Dollars Dollars Dollars Dollars 133, 229 3,824 269, 689 65,617 77,520 140, 838 19, 750 2,076, 886 225,863 358, 523 16, 514 468, 767 5,383 21,281 1,310,027 82, 518 189, 012 5,185 538, 747 49,870 688, 315 31, 259 64, 381 36,909 426, 253 278,899 65, 802 12, 361 52, 219 290,151 1, 607, 079 46, 695 2, 207, 514 163, 304 278, 577 23,159 5,001 114, 396 212, 667 1,724 10, 606 98, 903 5,094 19,128 3,862 31, 717 461,140 112,186 205,006 112, 677 12,667 251,809 2,883 28,999 180,989 408, 847 135,832 1,037,331 113, 075 26, 698 135, 647 233,727 23, 227 1,161 144,832 139, 319 30,895 3,372 197, 847 17, 215 1,906 60, 793 176, 765 8,182 95, 664 368, 611 11, 000 382,946 139, 603 428, 021 84,207 474, 684 67,012 785, 060 103, 319 222, 885 7,324 47,713 127,620 85, 348 25, 000 200, 532 2,924 76, 500 24, 016 913, 931 377, 554 14,145 216, 288 387,128 938, 751 103, 216 23, 256 37,397 501,971 10, 17J" 398, 906 83,118 29,759 218,826 80, 359 15, 382 1, 478, 378 25,431 1.1" ~ 1,971,829 149, 353 54,159 21,998 274, 096 127, 679 47, 801 12, 401 "8,~632 49, 836 24, 500 6, 346 70,581 224, 777 8,193 314, 491 155,195 145, 357 77,182 191,140 145, 696 129,129 94, 299 160, 878 22,475 4,912 16, 664 58, 820 39,912 51, 789 60,328 314, 224 23,592 1,399 332, 045 144, 688 413, 686 401 245,817 53, 723 21, 243 413, 376 415, 849 74,377 27,710 401, 915 784, 541 311, 607 265,181 5, 495, 391 2,690, 300 2, 356, 625 514,162 308,175 40,892 55, 227 138,915 3,065 23,607 46, 292 137,126 24, 650 64, 741 30, 359 223,102 24, 950 57, 301 '~3~ 632 168, 625 22, 723 53,418 184 3,637 398, 421 90, 259 359,146 5,692 908, 374 22, 660 2,165,938 515,782 273, 060 229, 090 282, 738 5,224 19, 018 301, 879 118, 899 37,358 232, 773 110,620 1,576 209, 476 63,182 6,141 9,830 4,058 64,713 107, 671 20, 366 70 15, 754 25, 782 9,003 51,774 142,178 13,915 75,247 93,537 71, 471 99, 036 22,859 1,883 26,363 6, 673, 293 227,558 2,868, 632 523, 674 Dollars Dollars Dollars Dollars 37, 634 1,100 185,107 11,276 534,771 41,938 153, 337 62, 781 6,831 35,606 307,099 3,253, 630 200,505 102, 467 2,900 17, 393 285, 650 14,106 27, 600 149, 652 350, 566 15, 000 146,947 1, 235,192 116, 502 28,450 224, 615 12, 000 10,494 91,187 514,125 64,303 106, 700 800 Disposition of proceeds of liquidation Footnotes at end of table, pp. 318, 319. Dollars 142, 233 158, 999 1,181, 398 198, 542 128, 336 652, 784 167, 628 289,918 103, 949 62, 527 1,003, 026 22,160 17, 213 10, 707 33, 694 116, 928 74, 954 45, 748 86, 700 121, 525 51,123 206, 995 262, 489 141, 458 21, 901 159,107 712, 002 70, 631 346, 4.01 16,790 18,913 33,181 248, 404 86, 324 3,241 250,104 127, 341 240, 024 550, 898 4, 240,196 214, 461 6,848 17, 037 11, 713 8 241, 922 1,478, 950 211, 753 223, 515 10,783 21,149 7,440 120,449 32, 097 3, 785, 464 REPOKT OF THE COMPTKOLLER OF THE CURRENCY 263 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preReceiv- Cash in ferred lia- Cash adbilities paid vanced in Conser- ers' sal- hands of comparies, except protec- vators' legal and troller through of expenses other and redividends, tion assets expenses ceivers including offsets allowed Dollars Dollars Dollars 29, 689 2,144 255, 624 2,192 48, 614 87 1, 788, 593 25, 641 1,694 62,405 168, 940 20,055 521, 664 2,064 . 36,262 1,749 147,891 12, 999 252, 418 2,723 162, 723 22,054 464, 439 36, 525 68, 270 5,022 54, 829 3,989 8,403 694 124, 279 402 5,504 37,000 237, 776 70,775 616 16, 053 6 48,822 254 35, 213 9,664 128,033 162,474 12, 611 4,269 38, 525 1,144 92,143 25 25,196 36 115, 757 5,692 209, 726 618, 582 1,051 86, 280 26,133 39,411 37, 075 118, 691 39,956 61,166 74, 694 128, 033 118, 549 1,021, 700 26, 212 24,148 59,472 29, 973 30, 377 93,946 514, 485 8,821 54 32,289 354 578 5,368 370 1 I, 626 1,657 988 7,662 7,297 70,822 1,724 4,416 12 105 578 1,334 13,062 54, 263 8,060 8 203, 546 50 25, 510 31,907 1,950 7, r 758 20, 406 1,970, 754 152,878 31460°—34 18 Dollars Dollan 8,322 2,719 32, 012 8,424 1,807 12, 273 65, 032 192, 966 2,256 20, 753 5,205 22, 647 37, 530 21,150 13, 832 5,144 30,809 32,508 17,006 18, 898 21,101 9,385 76, 391 26, 698 13, 722 221 6,821 11, 796 2,487 5, 564 17,144 16,820 7,893 13,664 34, 774 31,016 7,812 10,421 8,570 32, 893 9,704 17, 790 6,830 2,244 19, 473 18, 781 28, 233 8,877 5, 585 25, 724 2,506 9,926 3,697 12, 507 62,193 23, 943 37,464 26, 218 4,673 22,193 1,878 9,539 46, 011 509, 664 2,331 1,826 1,005 12, 495 2,628 8,061 1,361 19,947 8,611 12,977 10,008 15, 214 2,154 7,931 5,285 3,254 5,728 11,991 4,470 17,081 9, 435 30, 695 64, 694 43,103 17, 690 144, 983 15, 799 17, 840 2,891 4,924 1,518 3,739 1,143 5,411 1,604 5,509 8,250 13, 694 46, 261 113,180 3,488 13, 849 2,965 13, 076 5,263 11, 597 2,294 8,038 9,050 12, 258 5,563 2, 515 4,584 9,785 4,847 11, 480 160,154 604,043 Amount of claims proved Dollars 218,821 695,375 71,866 2, 566,836 567, 422 516, 418 Dividends (percent) Interest dividends (percent) 65 35 46 35 25 42 55 37.5 16 20 40 10 10 16 10 41 10 26 64.5 75 43 36 49. 6666 20 30 75 25 12.5 65 1, 554, 248 304,639 771, 638 710,824 312, 433 2, 508, 503 260, 670 172,135 89,371 463, 610 285,150 1,009,002 176, 774 134, 574 162,148 119,637 576,813 518, 600 738, 320 72,996 212, 050 1, 202, 264 858, 313 610,472 234,896 2, 298, 510 15 89, 548 18.75 285, 862 9 63, 809 52 395, 587 62.5 227, 225 38 292, 629 162, 776 5 50,449 100 482, 212 52 488, 423 29 575.875 41. 6666 834, 730 66 7, 704, 528 55 428,916 50 117,019 8. 3333 124, 625 206, 698 10 149,862 8 10 403,199 60 2, 586, 280 57 504,174 42 406, 272 55 168.876 7 18 114, 721 10 17, 299 100 219,005 55 123, 468 26 6, 309, 350 60 2.64 Date finally closed or restored to solvency 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 1623 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 1646 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1658 264 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks First National Bank, Bancroft, Idaho _ First National Bank, Wauseon, Ohio! Farmers National Bank, Bridgewater, S.Dak Peoples National Bank, Latrobe, Pa First National Bank, Sweet Springs, Mo. Queensboro National Bank of the City of New York, New York, N.Y. Farmers National Bank, Fairfax, S.Dak__ _ Prineville National Bank, Prineville, Oreg First National Bank, Lyons, Ga First National Bank, Vidalia, Ga First National Bank, Westbrook, Minn First National Bank, El Paso, Tex First National Bank, Coin, Iowa First National Bank, Randolph, Iowa First National Bank at Smithfield, Ohio National Bank of Defiance, Defiance, Ohio Security National Bank, Mobridge, S.Dak First National Bank in Alexandria, S.Dak First National Bank, Eudora, Ark First National Bank, Mora, Minn Plainview National Bank, Plainview, Tex Limon National Bank, Limon, Colo First National Bank, Merrill, Iowa. Rockaway Beach National Bank, New York, N Y Labor National Bank of Montana at Three Forks, Mont Bank of Pittsburgh National Association, Pittsburgh, Pa Peoples National Bank, Salem, N Y Farmers National Bank, Trafalgar, Ind Inkster National Bank, Inkster, Mich Rogers Park National Bank, Chicago, 111 First National Bank, Lynchburg, Ohio Commercial National Bank & Trust Co., St. Joseph, Mich 1691 First National Bank, Hankinson, N.Dak First National Bank, Midland City, Ala Alderson National Bank, Alderson, W.Va 1694 Highland National Bank, Pittsburgh, Pa 1695 First National Bank, Viborg, S.Dak 1696 Ogden National Bank, Chicago, 111 First National Bank, Fort Mill, S.C Farmers National Bank, New Bedford, 111 1699 First National Bank, Bode, Iowa 1700 First National Bank, Sisseton, S.Dak 1701 First National Bank, Hagerstown, Md 1702 First National Bank, Reed City, Mich 1704 Peoples National Bank, Pulaski, N.Y 1705 First National Bank, Unionville, N.Y 1707 First National Bank, Orbisonia, Pa 1708 First National Bank, Kewanee, 111 1709 Security National Bank, Bowie, Tex 1711 National City Bank, Ottawa, 111 1712 First National Bank, Elba, Ala 1714 First National Bank, Smithville, Tex 1715 Calumet National Bank, Chicago, 111 1717 First National Bank, Colville, Wash 1718 Peoples National Bank, Point Marion, Pa 1720 Planters & Merchants First National Bank, South Boston, Va_. 1721 First National Bank, Carterville, 111 1722 National Bank of Fayette County, Uniontown, Pa 1723 First National Bank, Carey, Ohio 1724 Moshannon National Bank, Phillipsburg, Pa 1725 National Mohawk Valley Bank, Mohawk, N.Y Footnotes at end of table, pp. 318, 319. 1659 1660 1661 1662 1663 1664 1665 1666 1667 1668 1669 1670 1671 1672 1673 1674 1675 1676 1677 1678 1679 1680 1681 1682 1683 1684 1685 1686 1687 Capital stock at date of failure Date receiver appointed Dollars 25,000 Aug. 20,1931 50,000 Aug. 22,1931 25,000 Aug. 24,1931 do. 200,000 50,000 — _ d o 200,000 Aug. 26,1931 25,000 do 50,000 Sept. 1,1931 25,000 Sept. 3,1931 35,000 do 30,000 Sept. 4,1931 1,000,000 do 50, 000 Sept. 8,1931 45,000 do. 50,000 Sept. 10,1931 150,000 do 50,000 Sept. 11,1931 50,000 do 40,000 Sept. 12,1931 25,000 Sept. 14,1931 125,000 Sept. 16,1931 do. 30,000 40,000 Sept. 18,1931 200,000 Sept. 19,1931 do. 25,000 3,000, 000 Sept. 21,1931 40,000 Sept. 23,1931 do. 25,000 25,000 _—do 100,000 Sept. 24,1931 50, 000 Sept. 28,1931 do 200,000 do. 30,000 35, 000 — d o do 25,000 do. 200,000 40,000 Oct. 1,1931 200,000 ____do do 40,000 do 25,000 25, 000 — d o do 75, 000 150,000 Oct. 5,1931 do. 100,000 _do_ 50,000 _do_ 30,000 .do. 50,000 125,000 O c t . 6,1931 do 50,000 200,000 do 100,000 do. 50,000 Oct. 7,1931 400,000 — .do 60,000 Oct. 8,1931 50, 000 do 125,000 Oct. 10,1931 50,000 do 500, 000 Oct. 12,1931 25, 000 do 150,000 . — d o _. 100, 000 do REPORT OF THE COMPTROLLER OF THE CURRENCY 265 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Book value of assets at date of failure Progress of l i q u i d a t i o n to date of this report Additional Total assessment Total assets assets Cash coland stock received upon col- lections assessment Cash date sharefrom Estimated Estimated Estimated since lections holders stock from good doubtful worthless of failure assessassets ment Dollars Dollars Dollars Dollars Dollars Dollars Dollars 35,546 222,092 94, 586 1,103, 278 37, 679 780, 346 48,605 28, 303 127, 698 169, 230 187, 294 5, 084,165 45,010 33, 300 32, 859 482, 377 90, 787 128, 368 109, 670 113, 279 415, 741 70, 727 146, 923 771, 281 40,122 26, 708, 938 277, 902 62, 520 41, 745 223, 731 61, 570 412, 844 64, 011 40, 789 407, 802 854, 919 125, 390 165,412 77, 596 67, 756 17, 298 118, 788 1, 380, 408 214, 863 259, 877 448, 331 112,495 901, 339 21,156 355, 425 19, 377 109, 408 681, 534 491, 297 184, 459 246, 925 109, 729 1, 643, 368 117,759 181, 596 363,120 26, 736 392, 852 182, 607 1,730, 602 62,938 1, 765,166 149,136 100, 658 34, 702 91,055 191, 791 3, 787, 211 67, 570 47, 379 286, 687 761,960 146, 465 333, 352 147, 632 256,166 1,182,118 77, 059 118, 546 1, 538,101 128, 527 28, 298, 687 235, 368 52, 301 239, 375 1,146, 953 217, 434 1,856, 440 114,195 95, 625 103,157 3, 513, 332 204,154 385, 314 103, 073 47, 548 97, 510 234, 045 1,854, 363 1,073 344 433, 287 273, 591 485, 300 674, 316 161, 838 835, 070 229, 844 144, 665 2, 473,162 276, 572 336,931 1, 323, 307 302, 490 9,086,179 117, 908 1, 478, 014 825, 474 49,232 41, 722 30,474 238,166 52, 508 34, 299 1,784 41, 704 26, 203 135,037 17, 017 835, 723 56, 417 34,109 1,425 269, 626 9,710 17, 687 22, 456 6,748 404, 860 2,310 3,587 58, 438 17, 916 2, 555, 540 46, 288 22,136 8,447 24,106 8,695 1, 219, 425 17, 018 54, 668 39, 675 48, 082 50,106 193, 443 157, 621 10, 630 10, 993 47, 419 54, 301 249 089 37, 724 17,940 9 15,423 98, 235 182, 284 202, 217 57,116 352,113 23, 931 9,218 313, 354 12, 235 304, 072 13, 535 145, 306 17,014 22,451 82,017 60,106 208,948 18,355 78,229 15, 291 9,708 13, 572 31,961 16, 319 294,944 42, 350 51,934 30,457 35, 849 36, 097 10, 680 4,093 27, 210 151, 530 5,505 22, 032 37, 435 14, 683 1,859,127 80, 267 17,013 21,936 47,165 7,457 290, 574 53,811 11, 739 25, 374 192,859 67,010 54, 585 26, 658 8,124 8,229 9,815 384, 864 267,803 31,515 37,899 69, 721 170, 503 62,181 41, 502 68, 949 18, 087 164, 077 73, 863 40,138 108, 575 10,144 737, 364 44, 394 190, 848 93, 864 25,000 50,000 25,000 200,000 50,000 200,000 25,000 50,000 25,000 35,000 30,000 1,000,000 50,000 45,000 50,000 150,000 50,000 50,000 40, 000 25,000 125,000 30,000 40,000 200, 000 25,000 3,000,000 40, 000 25,000 25, 000 100, 000 50,000 200, 000 30, 000 35,000 25, 000 200, 000 40, 000 200, 000 40, 000 25, 000 25, 000 75,000 150, 000 100, 000 50, 000 30, 000 50,000 125, 000 50, 000 200,000 100, 000 50,000 400,000 60,000 50, 000 125, 000 50,000 500,000 25, 000 150,000 100,000 46,079 158,965 288,107 788, 683 78, 485 392, 773 3,480, 994 1,059,182 66, 875 221,480 2,858,040 1, 672, 509 55, 546 239,816 63,832 230,373 62,764 227,175 68,306 462, 283 195, 241 442,421 11,002, 043 4, 349,938 60,941 261, 347 28,888 211, 722 134,087 401,428 617, 592 1, 699, 812 73, 636 333, 059 149,183 540, 087 131, 261 323,851 248,898 428,403 479, 878 2,279, 249 104, 572 185,601 108, 621 331, 088 2, 605, 255 1, 483,972 79,045 226, 248 62, 422, 292 35, 522, 488 423, 212 679,825 71, 644 178,970 141,013 336, 503 535, 659 1, 541, 955 162, 446 345,156 3,979, 283 1, 201, 111 65, 703 279,035 85,839 237,821 197, 746 601,008 4,809,192 2, 269,063 120,660 486,660 215,364 998,754 134, 252 404,948 46, 476 159,058 35, 714 159, 030 86, 731 485,067 3, 823,936 1, 269,169 426, 570 1, 905, 099 812, 403 387,514 490, 396 807, 761 290, 543 717, 525 725, 403 1,886, 581 100, 607 393,410 437,322 1, 614, 281 69, 725 620, 387 162,048 379, 276 4,070, 886 1, 271, 745 453, 681 925, 663 150, 689 620, 746 707, 455 2,117,161 151, 508 484, 598 12, 270, 983 5,079, 240 168, 024 318, 596 540, 872 2,145, 764 651,068 1, 399, 472 Dollars 12,371 19,650 3,087 138,015 13,310 53,027 2,185 8,542 1,591 9,840 20, 283 209,490 14, 800 26, 860 24,537 116, 603 6,365 26, 671 18,113 3,828 27, 216 5,004 7,057 146, 650 9,720 2, 463, 067 18,400 18, 215 19, 012 21, 043 40, 356 130, 858 2,050 666 16, 660 153, 974 21,855 27,871 17, 261 17,004 8,594 15,192 109, 217 30, 620 29, 900 46, 758 92, 930 28, 470 48, 381 19, 756 12, 612 128, 333 23, 560 26, 877 69, 495 30,188 247,947 20, 200 121, 770 62,163 1659 1660 1661 1662 1663 1664 1665 1666 1667 1668 1669 1670 1671 1672 1673 1674 1675 1676 1677 1678 1679 1680 1681 1682 1683 1684 1685 1686 1687 1688 1689 1690 1691 1692 1693 1694 1695 1696 1697 1698 1699 1700 1701 1702 1704 1705 1707 1708 1709 1711 1712 1714 1715 1717 1718 1720 1721 1722 1723 1724 1725 266 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets alR.F.C. and set- lowed tled loan and unpaid balance R.F.C. loan 1659 1660 1661 1662 1663 1664 1665 1666 1667 1668 1669 1670 1671 1672 1673 1674 1675 1676 1677 1678 1679 1680 1681 1682 1683 1684 1685 1686 1687 1688 1689 1690 1691 1692 1693 1694 1695 1696 1697 1698 1699 1700 1701 1702 1704 1705 1707 1708 1709 1711 1712 1714 1715 1717 1718 1720 1721 1722 1723 1724 1725 Conservators' distributions Loss on Book assets Book value of comremainvalue of pounded remaining ing unor sold uncollected collected To se- To ununder stock as- cured secured assets order of credisessment credicourt tors tors Dollar, Dollars Dollars Dollars 65, 426 987 3,676 3,300 65, 306 15, 275 323, 032 20, 785 125,907 1,731 23, 550 15, 200 144,174 1, 356, 571 255, 805 84,196 934 4,011 120,006 1, 845, 542 577, 053 89, 210 10, 030 31,479 78, 025 6,518 5,651 86,729 14,474 7,900 27,040 109, 886 4,700 23,179 238, 703 43, 633 1, 071,985 5, 631, 413 38,102 82,133 33, 332 6,392 59, 821 8,258 4,073 9,569 168,193 113,985 40,132 57,184 808, 279 16,900 81,067 3,833 1,066 6,184 32,051 207,905 172, 943 2,918 8,200 15,369 262, 460 65, 818 9,734 610,523 ~I2,~8O6 90, 629 117,230 173, 488 16, 477 7,654 ~~7~I66 15,149 137, 927 17, 578 64, 466 1, 695,088 459, 009 92, 876 6,193 4,111 .,544,124 1,872,198 3, 558, 569 41 20.397 462, 009 106,051 99,371 3,761 9,512 57,198 23, 262 183, 287 59, 993 616, 695 293, 723 5,824 208, 626 103,133 227, 231 83,000 190, 894 1,605,""" 81, 438 1,270 4,185 9,500 88,844 6,749 2,339 1, " • 24, 342 257, 448 18, 700 362, 552 2, 785, 589 452, 702 5,464 "16,466 13, 702 166,617 42, 923 286,158 117,91 6,526 11,977 163, 490 2,654 76, 757 7,077 6,200 7,000 3,100 14,100 73,800 "~9,~650 Footnotes at 48, 658 4,350 7,947 2,255 111, 178 139,666 1, 521,152 401,931 87, 356 513,926 215,129 36, 391 468, 625 122, 740 12.398 532, 694 174, 676 7,941 345, 242 167, 977 79, 205 56, 522 874,855 43,948 9,292 138,369 30, 272 107,978 593,681 92, 359 2,151 2,878 17, 704 11. 985 186, 645 160,162 1, 634, 040 165, 607 41, 055 518, 296 113,683 20, 351 33, 413 220,029 81, 947 67,385 844,335 85, 636 7,956 189, 652 466,817 5, 794,004 602, 393 13,115 11, 008 199, 232 139, 287 79, 537 742,179 47, 687 760, 918 212, 53, end of table, pp. 318, 319. Disposition of proceeds of liquidation Dividends paid by receivers On secured claims Dollar, Dollars Dollars Dollar} Dollars 12, 629 6,497 83, 223 30,350 25,156 369, 995 21,913 266, 772 61,985 1, 821, 833 99, 660 288, 472 117, 761 104, 372 124,937 331,937 150, 368 4, 542, 018 110, 682 125, 503 93, 787 834,904 204, 524 302, 669 134,303 78, 953 1, 410, 254 26,898 149, 740 397, 808 111,.— 18, 469, 037 90,165 69,053 90,030 552, 580 23, 753 2,160, 047 177, 877 107,894 352, 234 1, 524, 875 306, 834 422, 555 212,193 77,851 93,966 313,134 1, 863,170 1, 076, 044 215, 758 100, 291 201, 064 900, 451 189, 563 838, 709 445, 633 137, 539 2, 073, 37: 257, 244 366, 293 1,135, 374 189,498 5, 622, 533 101, 449 1, 236,068 388,182 146,973 22, 815 41,458 23,409 25,160 9,717 790, 510 35, 200 18,140 25,463 33,397 43, 635 23,329 21, 887 21,172 97, 784 24, 996 32, 943 53, 350 15, 280 536, 933 21,600 6,785 5,' 78, 957 9,644 69,142 27, 950! 34,334 ! 8,340 46,026 18,145 172,129 22, 739' 7,996 16,406 59, 808 40,783 100, 000' 19, 380 100 3, 242 32,070 21, 530 151, 619 80, 244 37, 388 271, 667 36, 440 23,123 55, 505 19,812 252,053 4,800 28, 230 37, 837 9,638 6,082 6,119 296, 293 59, 005 9,673 3,187 6,149 52, 441 54, 539 5,81 4,097 10,134 12, 503 2,964 365 7,855 9,779 On unsecured claims Dollars 19,387 170,794 49,642 925, 350 59, 472 1, 292, 606 9, 835 17, 251 14, 098 141, 528 1, 523, 561 40, 766 31,772 79,782 347,421 7,780 54,814 23, 241 151,910 173, 943 16,826 91, 965 1,159,821 18,101 16,082,529 348, 990 49,662 127, 672 166, 355 30, 550 717,856 14,810 183,160 1, 705,001 80, 727 107,164 27, 953 53,978 22,136 20,235 799, 704 123, 446 267,328 455, 600 294, 744 407, 468 23, 922 259,894 125, 324 51,17' 529,088 » 2, 616 9 236,498 67,487 48,040 283,190 50,046 135,168 612,630 153,541 458,330 435,801 REPORT OF THE COMPTROLLER OF THE CURRENCY 267 1938, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preReceiv- Cash in ferred lia- Cash adbilities paid vanced in Conser- ers' sal- hands of aries, except protec- vators' legal and compthrough troller of expenses other dividends, tion reassets expenses and including ceivers offsets allowed Dollan 30,388 94, 736 61, 942 357, 419 14, 562 473, 566 60,892 39,584 49, 240 74, 377 75, 244 3,112, 297 24,913 15, 576 52,263 354, 928 46, 354 122, 246 123,151 95, 223 320,023 85, 551 28,326 496,094 41,176 24,492, 625 60, 338 34, 647 23,334 381,175 691,823 44, 555 65, 750 49,446 993,312 74,252 122, 973 100,440 14, 307 12, 777 65, 782 633, 273 163, 048 176, 913 48, 778 7,941 349, 323 81,876 258, 064 58,519 22, 290 893,139 250, 283 130,971 432, 479 96, 468 4, 259, 091 21, 291 175, 701 261,424 Dollars Dollars 16 196 2,932 7,290 4,223 1,702 192 174,907 471 2,955 9,786 742 816 4, 4 1,230 2,224 3,799 355 528 163,113 460 50 18,383 19 47,564 1,055 350 3,547 43 499 3,538 3,486 2,696 93 31: 564 473 3,179 217 245 13,884 13, 738 2,165 13" 4,11' 192 13. 230 1,149 803 12,156 Dollars Dollar, 7,152 1,9 20, 454 11,696 1,058 10, 333 48, 514 17,998 7,065 3,097 42, 899 32, 248 10,900 15, 716 8,500 10, 468 5,536 8,620 2,720 12, 380 9,564 12,367 133, 297 10,140 7,917 10, 272 28,570 10,194 11,455 13, 592 13,209 48, r " 7,' 9,224 34,606 8,147 394,090 14, 584 8,697 10,849 42, 219 10, 425 72, 337 10,462 6,794 16,356 68, 593 9,928 33,020 12,848 7,325 7,320 11, 624 65,250 25,888 17,827 15,687 12, 796 33,445 19, 321 24, 307 17,125 18, 614 57, 235 18,976 16, 066 36,"" 8,463 145, 511 13, 082 38, 746 391, 058 5,843 4,556 22,921 8,569 6,324 15,387 2,181 2,114 14,797 4,721 4,613 4,212 20, 926 411,767 37, 637 6,315 3,049 26,927 16,423 70, 468 6,459 15,950 18^ 640 1,211 19,463 8,629 1,147 3,729 941 22, 612 198, 016 5,719 4,774 29, 761 81, 440 3,471 51,199 16,470 6,533 7,758 5,368 39, 525 34,483 628,374 10,169 68, 599 25,441 Amount of claims proved Dividends (percent) Dollars 50,310 47.5 505,107 38.5 207,263 24 2,308,191 40 99,120 60 1,795,862 72 99,324 88, 275 22 109, 569 20 280,442 7 283, 058 50 5,125, 991 30 91, 327 45 52,954 60 257,194 43.5 1,011,356 40 120, 336 12.5 283,986 20 101,129 23 253,183 60 1,648,815 13.5 33,970 50 183,931 50 1,656, 887 70 80, 448 22.5 26, 772, 213 '60 498, 627 70 66, 402 75 222, 599 57.5 832, 633 20 166, 227 50 2, 396, 977 30 120, 558 15 101,462 457, 741 40 3, 071,314 55.5 269,091 30 448,251 25 220,859 15 82,854 65 82, 277 27 279, 490 11.5 2, 099, 828 38 1, 047, 561 12 486, 339 55 623,177 75 467,848 63 976, 452 42 166, 465 20 816, 240 32 285, 738 227,862 55 2, 273,476 28.5 473,004 9 50 281, 279 24 1, 365, 322 24 251,047 20 5,948, 223 12.5 184, 297 83. 3333 1, 251, 566 37 814, 580 53.5 Interest dividends (percent) Date finally closed or restored to solvency 1659 1660 166X 1662 1663 1664 1665 1666 1667 1668 1669 1670 1671 1672 1673 1674 1675 1676 1677 1678 1679 1680 1681 1682 1683 1684 1685 1686 1687 1690 1691 1692 1693 1694 1695 1696 1697 1698 1699 1700 1701 1702 1704 1705 1707 1708 1709 1711 1712 1714 1715 1717 1718 1720 1721 1722 1723 1724 1725 268 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Capital stock at date of failure Name and location of banks Farmers National Bank, Leechburg, Pa Main Line National Bank, Wayne, Pa First National Bank, Hastings, Nebr First National Bank, Belington, W.Va First National Bank, Fairview, W.Va First National Bank, Deer Trail, Colo First National Bank, Fort Stockton, Tex First National Bank, Chase City, Va First National Bank, Pollock S.Dak Citizens National Bank, Vandergrift, Pa First National Bank, Auburn, Nebr Farmers & Merchants National Bank, Webster, S.Dak Houston National Bank, Dothan, Ala First National Bank, Stewartville, Minn National Bank of Sidney, Sidney, Iowa Gary National Bank, Gary, W.Va First National Bank, Anawalt, W.Va First National Bank, Bishop, Tex First National Bank, Mathis, Tex First National Bank, Yuma, Colo First National Bank, Brunswick, Mo First National Bank, Isanti, Minn First National Bank in Versailles, Mo West Side Atlas National Bank, Chicago, 111 First National Bank, Elizabethton, Tenn Westmont National Bank, Westmont, N.J First National Bank, Eoxboro, N.C First National Bank, Erie, 111 Belvidere National Bank, Belvidere, N.J Lyon County National Bank, Rock Rapids, Iowa First National Bank, Cowen, W.Va First National Bank, Terra Alta, W.Va.2 First National Bank, Lake City, Iowa First National Bank, Turkey, Tex First National Bank, Baldwin Park, Calif First National Bank, Doon, Iowa._ First National Bank, Blockton, Iowa City National Bank, Herrin, 111 Citizens National Bank, Prosperity, S.C First National Bank, Newark, N.Y First National Bank, Dexter, Mo Exchange National Bank, Pittsburgh, Pa Citizens National Bank, Kokomo, Ind Commercial National Bank, Eufaula, Ala First National Bank, Graceville, Fla Wilcox National Bank, Wilcox, Pa. City National Bank, Paducah, Ky First National Bank, Cardington, Ohio Peoples National Bank, Blairstown, N.J First National Bank, North Rose, N.Y National Bank of Albion, Albion, 111 Monongahela National Bank, Pittsburgh, Pa 2 Traders National Bank, Buckhannon, W.Va. First National Bank, New Windsor, Md Citizens National Bank, Philippi, W.Va First National Bank, Buchanan, Mich First National Bank, Newburg, W.Va First National Bank, Sycamore, 111 Security National Bank, Paducah, Tex Citizens National Bank, Seward, Pa Hutchings First National Bank, Siloam Springs, Ark___ Footnotes at end of table, pp. 318, 319. 1726 1727 1728 1729 1730 1731 1732 1733 1734 1735 1736 1737 1738 1739 1740 1741 1742 1743 1744 1746 1747 1748 1749 1750 1752 1753 1754 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764 1765 1766 1767 1769 1770 1771 1772 1773 1774 1775 1776 1777 1778 1779 1780 1781 1782 1783 1784 1785 1786 1787 1788 1789 __ Date receiver appointed Dollars 50,000 Oct. 12,1931 50,000 do 200,000 Oct. 13,1931 40,000 .do. 30,000 _do. 25,000 _do. 50,000 _do. 100,000 .do. 25,000 do. 125,000 do. 50,000 .do. 50,000 Oct. 15,1931 150,000 do _. 50,000 60,000 100,000 50,000 do 25,000 do 25,000 do 40,000 Oct. 16,1931 50,000 do. 25,000 do 30,000 do 200, 000 .do. 75,000 Oct. 19,1931 25, 000 do 150,000 do 40, 000 do 100,000 do 75, 000 Oct. 20,1931 25,000 do 25,000 do 50,000 Oct. 22,1931 25,000 do 35,000 50,000 do 25, 000 — __do 50,000 do 50,000 _.__do 150, 000 Oct. 23,1931 50,000 do_ 750, 000 do 350, 000 do 150, 000 Oct. 27,1931 35,000 do_ 25,000 do 300, 000 Oct. 28,1931 60, 000 Oct. 29,1931 50,000 do. 50, 000 do. 50, 000 do 1,000, 000 do 50,000 do 77,000 do 50, 000 Oct. 30,1931 50,000 do 25, 000 do 175, 000 Oct. 31,1931 50, 000 Nov. 2,1931 25, 000 do_ 50,000 do. 269 REPORT OF THE COMPTROLLER OF THE CURRENCY 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Progress of liquidation to date of this report Book value of assets at date of failure Additional Total assets assessment Total assets upon and stock received sharedate assessment Estimated Estimated Estimated since holders of failure doubtful worthless good Dollars Dollars Dollars Dollars Dollars Dollars colCash col- uasn lections lections from from stock assessassets ment Dollars Dollars 225,843 393, 899 695,151 39,990 130, 656 32, 926 305, 310 235,416 41, 701 501, 824 214, 624 183, 383 300,474 141,007 80,927 338, 228 152,083 35, 589 29, 261 118, 287 44, 521 31, 775 64, 813 233, 221 299,037 153,154 139, 841 364,944 412, 705 330,455 89,066 440,005 394,744 1,668,984 356, 722 204,096 53, 520 167,160 523,895 108,977 968, 645 124,911 339, 831 567,702 390, 530 150,380 411, 524 98,077 90, 661 59,459 65, 243 195, 215 226,011 180,461 1, 399, 639 932, 630 196, 448 380, 416 254, 077 1, 633, 721 792, 814 29,850 4,404 42,028 8,330 19,985 21,223 7,435 32,364 20,624 31,776 98, 426 35, 269 59,943 155, 509 9,450 64,969 46,397 16,669 23,271 17,998 8,609 97,872 1,377 46,172 441, 558 158, 274 61, 663 139, 898 8,885 91,419 126, 618 4,758 38,457 6,806 115, 261 17, 775 18, 255 5,888 122,045 112,987 15, 288 163, 756 80, 587 29, 734 278, 877 29,921 79,496 115,903 12,120 35, 510 31, 767 53,465 11,480 24, 395 12,380 67,021 41, 753 103, 383 29, 779 35,608 94, 512 44, 811 2,135 50,000 50,000 200,000 40,000 30,000 25,000 50,000 100,000 25,000 125,000 50,000 50,000 150,000 50,000 60,000 100,000 50,000 25,000 25,000 40,000 50,000 25,000 30,000 200,000 75,000 25,000 150,000 40,000 100,000 75,000 25,000 758,709 887,477 2,687,726 474,472 404, 230 124, 769 676, 879 992,922 222, 742 1,857, 651 505,391 662, 891 1,452, 562 620, 908 435, 772 1,012,052 328,949 210,031 163,485 285, 604 399,088 308, 558 333, 826 2,341,439 1,506,694 539, 648 839,934 703,514 2,332,357 1,369, 698 150,809 252,167 195,906 1,094,001 179, 863 209, 641 45,038 239,129 233,187 30,305 615,816 191, 607 160,178 354, 606 329, 377 101,646 307,703 83,069 53,106 35,910 93,072 58, 787 142,025 95, 432 805, 210 240,685 145, 504 101, 247 200,409 1,157, 359 622,042 53,904 33, 632 31,415 53,128 31,301 28,500 6,208 11, 649 60, 422 6,500 88, 754 29,550 5,600 18,619 33, 588 34, 638 19, 548 25,114 4,000 9,932 13, 519 19,909 11, 334 16, 394 65,089 22,077 12,905 22, 728 11, 600 89, 695 2,279 6,027 110, 553 32, 995 148, 739 18, 891 32, 205 55, 784 44, 266 697, 626 49, 831 2, 547, 498 1,365, 523 97,069 61, 554 59,652 1,158, 925 108, 023 166,146 255, 294 268, 285 6, 211,161 147,012 118, 213 95, 585 177, 763 121,017 821,906 209, 489 1, 610, 456 306, 432 4, 539, 962 1, 931, 568 226, 487 97, 823 224,379 4, 703, 737 148, 386 263,140 190, 072 469, 540 9, 581, 786 142, 862 28,197 46, 786 35,169 1,692 31,012 6,615 124, 333 63, 737 685, 966 413,876 76,057 42, 699 89, 647 9,622 16, 862 16,908 2,369 43, 690 142, 569 189,479 18, 683 348,101 311, 670 155,038 11, 655 67,120 674,018 13, 771 30,989 15,186 7,063 1,059, 733 50,000 25,000 35,000 50,000 25,000 50,000 50,000 150, 000 50,000 750, 000 350,000 150,000 35, 000 25,000 300,000 60,000 50,000 50, 000 50,000 1,000,000 540,074 214,027 342,972 298, 731 182, 283 1,002, 392 452,939 2, 771,894 488, 683 8, 871, 527 4, 372, 637 704, 651 248, 731 376,151 7,083,963 356,195 563,668 621, 931 799,969 18, 637,610 115,020 26, 368 124,800 72, 430 48,134 452, 345 120, 852 1, 231, 449 253, 499 3, 381,497 1, 430,165 125, 994 49, 500 183,935 2, 312, 739 114, 666 314, 271 155,093 230,905 9, 634, 597 18, 622 3,300 19, 875 53 3,500 30,126 34, 021 82, 324 3,932 551,946 236, 075 7,898 10, 614 20, 830 163,193 35, 453 43, 880 33, 225 38,986 681, 956 211,991 378, 363 299,924 139,501 755,978 313, 432 466, 220 342, 669 175, 206 881, 853 314, 749 121, 601 287, 979 77,348 33,853 12, 714 37, 574 117, 316 210,145 57, 252 37, 410 31, 300 6,475 105, 625 10,743 8,146 37,156 77,000 50,000 50,000 25, 000 175,000 50,000 25, 000 50, 000 737,023 965, 846 736, 607 383,756 2, 035, 772 667, 626 174, 383 645,413 306,065 250, 230 354, 444 120, 830 811,195 102, 795 44, 523 197, 441 66, 541 39, 281 41,114 15,195 115,024 15, 385 9,628 1,500 81,989 19, 636 60, 201 247, 283 26,015 53,393 111,379 5,081 784, 930 210,077 1726 1727 1728 1729 1730 1731 1732 1733 1734 1735 1736 1737 1738 1739 1740 1741 1742 1743 1744 1746 1747 1748 1749 1750 1752 1753 1754 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764 1765 1766 1767 1769 1770 1771 1772 1773 1774 1775 1776 1777 1778 1779 1780 1781 1782 1783 1784 1785 1786 1787 1788 1789 270 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all Loss on assets sources, comUnpaid Offsets including balance allowed offsets al- pounded or sold R.F.C. and setlowed under tled loan and unorder of paid balcourt ance E.F.C. loan Dollars 1726 1727 1728 1729 1730 1731 1732 1733 1734 1735 1736 1737 1738 1739 1740 1741 1742 1743 1744 1746 1747 1748 1749 1750 1752 1753 1754 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764 1765 1766 1767 1769 1770 1771 1772 1773 1774 1775 1776 1777 1778 1779 1780 1781 1782 1783 1784 1785 1786 1787 1788 1789 13, 200 5,700 15, 600 47,100 4,700 3,000 24, 400 32,666 18, 300 Dollars Dollars 312, 678 26,879 269,175 41,854 236,162 1, 383, 291 238, 722 14, 358 246,063 7,922 56, 345 5,099 272, 495 21, 717 313, 486 19,877 38, 511 1,706 782, 919 78, 349 233, 655 12, 498 187, 736 16, 258 435,067 46, 242 382, 762 19, 797 144, 520 8,236 396,432 22,081 121, 965 13, 782 82, 267 25,161 53, 070 7,228 114,071 7,480 88, 270 4,874 158, 018 4,659 130, 021 15,195 956,141 85, 842 322, 085 34, 923 206, 959 48, 550 135, 279 11, 304 269,089 25,080 73, 069 1, 320,123 691, 745 49,124 66,105 6,174 Dollars 40, 280 8,731 338, 467 55,311 36,834 94 6,872 3,362 2,930 150,125 8,774 23, 758 109, 598 128,007 30,307 73, 518 4,479 15, 283 61, 557 3,479 107,585 11, 241 28, 910 19, 932 1,758 709, 669 138,242 Conservators' distributions Book value of remaining uncollected assets Book value of remaining uncollected stock assessment 31,390 1,481 12,126 72, 699 5,985 407,805 8,897 520, 956 191,968 20, 712 8,969 97, 923 625,955 13,600 49, 574 24,163 19, 323 305, 528 362,980 159,129 118, 422 167,143 88,981 353,816 261, 780 887, 897 165, 033 3, 575, 396 2,143, 707 391,837 150, 772 58, 806 3, 432, 227 159, 899 125, 580 361, 379 461, 735 6, 445, 508 31, 378 21, 700 15,125 49, 947 21, 500 19, 874 15,979 67, 676 46, 068 198, 054 113,925 142,102 24, 386 4,170 136,807 24, 547 6,120 16,775 11,014 318, 044 16,950 389, 556 47,453 381, 064 35,914 431, 472 5,916 141,941 119, 634 1, 049, 553 12, 455 142, 235 2,668 58,619 10,181 209,122 84, 405 24, 242 72, 625 27, 728 141,959 18, 838 1,650 135,893 252, 603 593,921 223, 624 204, 282 787,984 483, 538 100, 542 251, 898 10, 459 10, 719 8,886 9,805 59,976 34,615 15, 372 48,500 44,100 3,700 11,600 1,800 Footnotes at end of table, pp. 318, 319. To secured creditors To unsecured creditors Dollars Dollars Dollars Dollars 389, 383 16,368 590,986 18, 585 819, 096 146,872 184, 940 8,699 119,833 1,500 49, 538 18, 792 359,161 38, 351 636,496 39, 578 162, 801 18, 500 888, 361 36, 246 242, 512 20, 450 412, 697 44,400 792,116 131,381 93, 727 16,412 235, 583 25, 362 508,750 80,452 177,619 24, 886 106, 764 21,000 95, 347 15, 068 145,052 26, 481 270,144 30, 091 75, 317 13, 666 189,720 13,606 1,142, 802 134,911 1,144, 845 52, 923 291, 684 12, 095 557, 451 127, 272 436, 267 28, 400 292, 260 10, 305 485,290 72, 721 65, 731 18,973 151, 566 12,074 33,198 3,530 178, 035 33,360 80,160 7,677 59, 676 8,042 556, 003 73, 532 169,195 14,322 94, 743 1, 408, 516 268, 685 11, 254 395,100 643, 678 4,972, 221 256, 797 1,923,037 150,000 16,108 69,404 4,490 4,800 215, 252 10, 487 413, 042 2, 888,974 158,149 8,030 382, 394 24, 243 240,114 31, 296 20,500 343, 097 38,006 35,200 1, 251,977 11, 568, 530 5,850 Disposition of proceeds of liquidation Dividends paid by receivers On secured claims On unsecured claims Dollars Dollars 217,364 88,435 436, 301 155, 829 211, 398 7,111 8,826 23, 431 17, 060 48,130 98, 375 22,770 969 448,321 89, 636 126, 636 65, 553 »300, 378 60,959 8,781 220, 217 75, 474 12, 652 2,485 24,570 41, 955 18, 225 7,552 90, 638 70, 551 148, 094 79, 345 61, 339 11,682 130, 788 16, 226 16, 207 176, 571 8 1,033, 628 497,362 27, 310 2,254 817 513 38,869 108, 531 11, 208 29,929 33,402 29,414 119,613 3,233 98, 312 1,015, 377 37,897 2, 262,119 742,150 46,027 17, 274 29, 857 2,161 162, 717 737, 393 66,703 2,262 116,939 304,166 p.15, 785 148,947 9 4,373,417 26,468 7,645 7,854 313,144 143,811 239, 709 64, 740 680, 429 24, 577 28,354 16, 622 REPORT OF THE COMPTROLLER OF THE CURRENCY 271 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preCash in ferred liaReceiv- h a n d s of Cash adbilities paid vanced in Conser- ers' salcompexcept protecvators' aries, legal troller through tion of expenses and other and redividends, expenses ceivers assets including offsets allowed Dollars Dollars Dollars 48,640 237 107, 755 211 752, 585 379 63,190 975 17, 958 969 27, 829 211,077 112,998 14, 657 29, 015 126 229, 816 3,893 125, 310 15 36, 086 888 278, 655 17, 736 53, 081 200 44, 366 4,398 151, 449 1,916 29,685 132 57,071 303 7,295 73 59, 525 742 45, 021 3,777 54,737 1,364 40, 515 2,391 644, 551 3,605 195, 202 3,233 58, 611 1,876 76, 318 5,713 71,314 1,884 476 139, 775 6,456 160,182 4 17, 590 Dollars Dollars 17, 509 28,928 19, 790 30, 214 50,297 142, 760 15,010 3,718 11,835 3,903 5,738 6,841 16,177 4,750 16, 343 22,983 6,661 2,709 30, 528 70, 361 12, 441 5,436 16, 636 6,977 28,198 6,056 14, 597 14, 506 15,175 10,841 18, 319 4,531 7,260 9,414 7,437 2,319 6,579 14, 553 8,184 3,665 10, 868 2,827 11, 032 247 13, 478 3,086 57, 524 23,022 45,462 5,167 14,152 1,532 14,007 6,808 16, 747 2,573 28,186 118,058 21, 779 5,966 7,568 11, 379 Amount of claims proved Dollars 543, 673 667, 228 1,246, 228 309, 030 274, 947 33, 549 407, 702 576,179 140,669 1,114,121 202, 082 454,119 486, 653 425,897 174,170 489, 411 157, 624 85, 554 70, 203 93, 363 263,113 181, 276 217,080 1,146, 385 1,037, 296 313,892 432, 440 490,169 1, 722, 715 975, 216 69, 329 Dividends (percent) Interest dividends . (percent) Date finally closed or restored to solvency 40 16. 6666 35 50 75. 8333 30 10 25 40 45 28 18 9 70 35 45 48 15 35 45 10 50 32.5 16. 6666 7 41. 6666 7.5 36 8 60 51 40 N o v . 19,1932 29,137 25, 598 107, 508 32, 663 19, 889 392, 994 48, 295 • 295,013 208, 567 2,489, 762 833, 830 66, 415 24, 213 10, 554 1, 609, 548 11, 333 24,319 101, 232 172, 229 6,897,102 17,062 6,951 14 1,023 843 7,936 11, 944 5,849 12, 360 9,423 7,283 21,116 10, 649 33,888 13, 503 169, 600 96,139 15, 832 11,148 7,304 111,076 12, 974 12, 547 13, 591 16,043 187,136 1,149 1,751 15, 285 4,616 3,090 14, 622 3,511 61, 744 8,686 47, 211 199, 866 1,816 2,025 34, 677 347,192 7,690 41, 348 8,483 5, 035 102,939 2,628 20, 286 405 4,397 20 48 69 9, 229 25, 295 17,315 11, 864 39, 668 15, 970 4,616 14,190 37, 743 7,548 49, 807 8,212 55, 015 2.380 2,830 4,411 805 1,745 56 7,658 5,195 2,494 32 3,529 51, 052 2,636 310, 089 35 111, 135 143, 334 32 144, 951 23 108, 940 27 367, 806 32.5 163, 732 60 1,846, 707 55 140, 395 27 3,480,182 65 2, 343, 656 31. 6666 112, 753 40 124, 830 25 232, 421 70 3, 749, 250 20 198,271 60 372, 449 81.6666 385,942 30 496,166 30 6, 728, 334 9 65 N o v . 19,1932 29, 440 175, 314 104, 355 56, 720 270,044 91, 643 22, 771 165, 976 447, 349 604, 244 435, 248 235, 376 1,190, 635 460, 312 63, 008 349, 661 60 28 55 27.5 57 7 45 7 1726 1727 1728 1739 1730 1731 1732 1733 1734 1735 1736 1737 1738 1739 1740 1741 1742 1743 1744 1746 1747 1748 1749 1750 1752 1753 1754 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764 1765 1766 1767 1769 1770 1771 1772 1773 1774 1775 1776 1777 1778 1779 1780 1781 1782 1783 1784 1785 1786 1787 1788 1789 272 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks 1790 First National Bank, Alliance, Nebr 1792 First National Bank, Somerfield, Pa 1793 Citizens National Bank, Sedalia, Mo 1794 First National Bank, Hoquiam, Wash 1795 First National Bank, St. Thomas, N.Dak 1796 First National Bank, Buena Vista, Colo 1797 First National Bank, Blytheville, Ark 1798 First National Bank, Belle Fourche, S.Dak 1799 First National Bank & Trust Co., Monessen, Pa.-_ 1800 First National Bank, Logansport, Ind 1801 City National Bank & Trust Co., Corpus Cristi, Tex___. 1802 Farmers & Miners National Bank, Bentleyville, Pa. 2 1803 First National Bank, Sea Isle City, N.J 1804 Second National Bank, Morgantown, W.Va 1805 Phoenix National Bank, Columbia, Tenn 1806 First National Bank, Pharr, Tex 1807 First National Bank, Marceline, Mo 1808 First National Bank, Noble, 111 ^ 1809 American National Bank, Dayton, Tenn 1810 First National Bank of Custer City, Custer, S.Dak 1811 First National Bank, Steamboat Springs, Colo 1812 First National Bank, Frederic, Wis 1813 First National Bank, Tilden, Nebr1 1814 First National Bank, Laredo, Tex. 1815 Second National Bank, Brownsville, Pa. 1 1818 First National Bank, Houtzdale, Pa 1819 First National Bank, Corinth, Miss 1820 Second National Bank in Youngstown, Ohio x 1821 Norfolk National Bank, Norfolk, Nebr 1822 First National Bank, Brighton, Colo _ 1823 First National Bank & Trust Co., Woodbridge, N.J 1824 First National Bank, Zillah, Wash 1825 First National Bank, Stanford, Mont 1826 Twin Falls National Bank, Twin Falls, Idaho 1827 Hopewell National Bank, Hopewell, Pa 1828 First National Bank in Gulf port, Miss 1830 First National Bank, West Frankfort, 111 1831 First National Bank, Christopher, 111 1832 Ithaca National Bank, Ithaca, Mich 1833 Citizens National Bank & Trust Co., Terre Haute, Ind_ 1834 First National Bank, Glen Campbell, Pa 1835 Peoples National Bank, Lodi, Ohio 1836 Citizens National Bank, Ellwood City, Pa 1837 First National Bank, Geneva, Ohio 1839 First National Bank, Washington, N.C 1840 First National Bank, Chaffee, Mo 1841 Nogales National Bank, Nogales, Ariz 1842 First National Bank in Aberdeen, Wash _ _ 1843 First National Bank, Twin Falls, Idaho 1844 West Point National Bank, West Point, Nebr 1845 First National Bank, Dougherty, Iowa 1846 First National Bank, Sweetwater, Tex 1847 First National Bank, Mullins, S.O.. 1848 Federal National Bank, Boston, Mass 1849 First National Bank, Starkweather, N.Dak 1850 First National Bank, Momence, 111 .__ 1851 First National Bank, Warsaw, N.C 1852 Painted Post National Bank, Painted Post, N.Y.* 1853 Gillespie National Bank, Gillespie, 111 1854 First National Bank, Mound City, 111 ___ 1855 First National Bank, El Paso, 111 Footnotes at end of table, pp. 318, 319. Capital stock at date of failure Date receiver appointed Dollars 100,000 Nov. 3,1931 25,000 Nov. 5,1931 100,000 Nov. 6,1931 do 300,000 25,000 25,000 .do. 100,000 _do_ 25,000 do 160,000 do 250,000 Nov. 11,1931 200,000 do 100,000 .do.. 50,000 _do100,000 _do. 200, 000 do 50,000 Nov. 12,1931 25,000 Nov. 13,1931 25, 000 Nov. 14,1931 do 25,000 25,000 Nov. 17,1931 .do 25, 000 do. 25, 000 50, 000 250, 000 Nov.do30,1931 125, 000 do. do 125, 000 do 100,000 do 200, 000 100, 000 Dec. 2,1931 do. 40, 000 _do_. 150, 000 _do_. 25, 000 _do_. 35, 000 .do. 150, 000 25, 000 Dec. 3,1931 do 400, 000 25, 000 Dec. 7,1931 do 60, 000 .do. 25, 000' do—..._ 200, 000 do 100, 000 50, 000 Dec. 8,1931 do 100, 000 50, 000 Dec. 9,1931 100, 000 Dec. 11,1931 do50, 000 do 50, 000 do 150, 000 100, 000 Dec. 12,1931 50, 000 Dec. 14,1931 do25, 000 do 100, 000 do 50, 000 2, 005, 585 Dec. 15,1931 25, 000 Dec. 17,1931 do50, 000 do 50, 000 25, 000 75, 000 Dec. 19,1931 25, 000 .do. 100,000 Dec. 21,1931 273 REPORT OF THE COMPTROLLER OP THE CURRENCY 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Progress of liquidation to date of this report B o o k value of assets at date of failure Estimated good Dollars 1,091,924 108,939 811, 649 643, 953 41, 688 82, 567 70, 718 235, 977 228,095 2,085, 361 559,702 Estimated doubtful Total Additional assessment assets upon received shareEstimated since date holders of failure worthless Dollars Dollars 1,458, 758 135,806 561 216,359 514,889 1,050, 309 207,370 1, 216,192 7,084 184, 272 6,780 34, 350 47, 613 193, 210 106,834 397,458 322, 035 2,260,057 81, 201 3, 071, 576 201,865 1, 202, 452 878 15,129 11, 364 52, 586 28,847 15,130 61,896 75, 000 25, 000 100,000 127,157 21, 528 295, 155 1, 226,190 566,182 528, 778 10, 296 123, 272 614, 447 306,115 214,189 92, 075 1, 366, 995 515, 890 92, 055 136, 751 56, 564 75, 929 52, 545 142, 645 171, 208 100, 658 703, 990 2,816, 580 968, 697 126, 400 102, 802 878,008 152,069 349, 341 1,087,192 350, 561 495, 058 52,158 408, 352 188, 207 457, 994 236, 422 713,811 173, 246 484,012 344, 926 157, 944 137,147 225, 290 274, 585 733, 339 956,828 494, 827 463, 506 654,176 169,143 181, 995 49,019 362, 523 406, 275 53, 042 142, 642 10, 672, 582 15,134, 351 62, 774 19, 544 82, 500 555,887 14, 760 75, 539 296,185 65, 426 272, 578 131, 617 87, 894 17,041 45, 497 19, 628 10, 661 228,821 103 482,146 46, 233 21,826 60, 033 114, 453 29, 749 15,033 112, 745 1, 359,075 146,899 215,080 17, 401 158,188 56,337 31,135 20,833 5,580 59, 709 10, 386 139, 416 7,307 58, 963 3,657 119, 788 73, 712 185,843 167, 454 . 270,224 29, 424 88,142 30, 292 14,688 35,021 15, 730 255, 575 40, 385 99, 937 46, 578 64, 337 15, 436 47, 267 42,125 42, 946 23, 479 17, 204 136,830 142, 596 54, 470 32,160 4,414 82,843 7,111 1,830, 419 4,624 54,481 4,244 17,881 341, 712 116,362 38,920 17, 767 19,733 36,077 11,835 35, 920 59, 942 88,421 103,838 21, 451 193,024 Dollars 100,000 25,000 100,000 300,000 25,000 15,000 100,000 25,000 160,000 250, 000 200,000 50, 000 100, 000 200,000 50, 000 25,000 25,000 25,000 25,000 25,000 25,000 50,000 250,000 125,000 125,000 100,000 200,000 100,000 40,000 150,000 25,000 35,000 150,000 25,000 400,000 25,000 60,000 25,000 200,000 100,000 50, 000 100,000 50, 000 100,000 50,000 50,000 150,000 100,000 50,000 25,000 100,000 50,000 2,005, 585 25,000 50,000 50, 000 231, 775 1, 251, 590 409, 614 155, 436 132, 249 157,972 389,139 73, 476 248, 539 275, 409 92, 491 169,170 1,152, 054 340,905 50,972 155,199 42, 226 259, 955 105, 592 215,806 13, 552 89, 429 Dollars 266,105 20,035 40, 334 160,156 14,819 15, 909 69, 816 15, 970 215,963 253, 496 109,895 84 96,060 44, 337 86,183 70, 743 240, 481 242,066 24, 237 59, 376 29, 635 2,823, 727 22, 739 148 Total assets and stock assessment C a s h collections from assets Cash collections from stock assessment Dollars Dollars Dollars 3,052,593 1,486,637 27,966 370,894 129,059 12, 278 2, 517,181 801, 218 37, 738 935, 286 2, 527, 671 43,889 272,863 55, 331 2,001 154,606 95, 719 7,449 481,357 100, 329 16, 890 781, 239 197,432 5,093 3,186,150 646, 796 44, 555 5, 741, 634 2,436, 230 115, 794 2, 273,914 858,657 46, 338 486,227 101, 558 3, 003, 544 1, 234, 777 1,123, 218 312, 662 326,463 78,949 351,048 84,977 250, 511 62,819 769, 880 171, 203 226, 289 78,492 664, 681 286,194 381, 210 87, 990 379, 304 101, 561 253 657 3,657 689, 658 18, 759 599, 091 1, 785, 483 328,096 1, 653, 381 632, 639 77,896 603, 574 1, 378,680 392, 729 112,879 2,166, 524 728,136 303, 726 76, 239 192, 842 61,213 84,868 609, 032 312, 699 192,040 4, 658, 291 1, 538, 259 1, 206, 715 693, 319 720, 732 1,162, 573 633, 021 239, 314 1,816, 543 418, 731 692, 401 144, 293 353, 454 708, 859 949, 286 158,087 980, 087 419, 396 275, 341 1,048, 477 406, 632 140, 696 239, 757 772, 888 2,053,506 979, 462 506,096 1, 353, 284 409, 346 1,147, 545 284, 665 57, 265 359, 332 1, 011, 017 282, 430 59, 609 32, 466, 664 7, 212, 345 134, 681 21, 999 233, 599 743, 016 145, 421 9,890 15,515 10, 059 4, 225 17,800 11,619 19, 358 106 500 29^ 247 59,766 50,935 83, 466 23, 668 9,687 87, 293 8,700 14, 500 14,896 17,026 255,192 12, 250 31, 560 13, 349 122, 791 23,044 41,030 31,820 31,057 39, 713 15, 340 1,360 64,860 42, 220 11,050 8,334 39,129 17, 647 306,112 10, 517 40, 793 2,610 353, 712 73, 326 296,898 37, 247 19, 200 68,453 1, 581, 889 219, 844 622, 586 21, 65, 74, 10, 556 041 337 278 1790 1792 1793 1794 1795 1796 1797 1798 1799 1800 1801 1802 1803 1804 1805 1806 1807 1808 1809 1810 1811 1812 1813 1814 1815 1818 1819 1820 1821 1822 1823 1824 1825 1826 1827 1828 1830 1831 1832 1833 1834 1835 1836 1837 1839 1840 1841 1842 1843 1844 1845 1846 1847 1848 1849 1850 1851 1852 1853 1854 1855 274 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets alR.F.C. and set- lowed loan tled and unpaid balance R.F.C. loan Dollars 1790 1792 1793 1794 1795 1796 1797 1798 1799 1800 1831 1802 1803 1804 1805 1806 1807 1808 1809 1810 1811 1812 1813 1814 1815 1818 1819 1820 1821 1822 1823 1824 1825 1826 1827 1828 1830 1831 1832 1833 1834 1835 1836 1837 1839 1840 1841 1842 1843 1844 1845 1846 1847 1848 1849 1850 1851 1852 1853 1854 1855 7,200 5, 800 14, 400 78, 300 40, 300 7,100 27, 300 4,550 8,500 2,500 9,700 14, 500 7,600 7,400 69,600 10,000 40,400 3,600 68, 500 38,400 500 5,100 31, 200 8,200 2,000 Dollars 279,359 3,981 183,615 56,098 9,620 5,685 20, 206 24, 082 99, 832 257, 319 197, 447 Dollars 1, 793,962 152, 518 1,022, 571 1, 035, 273 72, 752 108, 853 137, 425 241,007 869, 483 2, 809, 343 1,142, 742 Conservators' distributions Loss on Book assets value of Book comremainvalue of pounded remaining ing unor sold uncollected collected To se- To unsecured under stock as- cured assets credi- crediorder of sessment tors tors court Dollars 53, 027 54, 515 125,984 184,035 6,542 10,856 9,593 1.750 125, 488 289,682 210, 002 166,636 36, 422 63, 398 230, 558 1, 557, 676 90, 554 447,407 60, 408 26,378 103, 356 9,579 7,305 116,804 23, 327 2,400 83, 511 2,677 16, 840 222, 037 31,075 3,280 103,635 6,418 1,544 359,474 55,480 8,105 105,178 5,569 70,846 130, 445 9,526 604 110,157 59,816 11,810 264, 638 71,128 737, 585 70,306 89,016 468,047 441 161,803 91,128 25, 567 718,370 21,832 28,204 151, 798 162, 571 1,047, 600 303, 200 11,168 15,141 106,107 1,282 2,797 76,995 20, 690 13, 230 120,454 3,287 48, 418 212,353 269, 294 2,103,145 253, 054 23, 592 181, 705 729,161 11, 379 91, 793 763,671 15,915 70,848 272,178 70,632 290,170 680, 654 40,144 79, 413 245, 881 22, 516 60,158 417,000 23, 203 3,723 213,110 55,117 139, 627 506, 070 27,815 342,869 " 42,939 28,610 184,646 57,274 1,685 298, 391 85,138 1,134, 560 190, 817 62,119 39, 964 610, 435 24,973 130,810 476, 569 12, 242 9,031 77,841 48, 775 48, 769 447, 236 14,671 6,881 100,127 1,828, 757 726 9, 347, 214 3, 285, 270 33, 242 14, 670 289,062 85, 398 621 14, 343 15,121 16,072 2,386 5,850 407, 031 94,912 371, 201 330,850 32, 793 219, 838 Footnotes at end of table, pp. 318, 319. Disposition of proceeds of liquidation Dollars Dollars Dollars Dollars 1,133,570 72,034 158,339 12, 722 1,306,364 62, 262 1,052, 252 256, 111 176, 370 22,999 27, 346 7,551 251, 229 83,110 532,975 19,907 2,154, 034 115,445 2, 508, 403 134, 206 807, 808 153,662 234, 849 1, 347, 655 523, 770 180, 630 215,344 143,175 539,322 114,835 289, 902 191,805 217, 613 534, 089 725, 626 1,065, 963 354,302 558, 411 189,814 822, 617 176,178 92, 550 340, 244 43, 954 2,197, 684 283, 099 278, 669 281, 944 837, 010 328, 551 222, 731 664, 273 315,947 602, 382 187,326 424,172 648, 089 645,105 532, 416 181,127 454,141 151, 269 18,134, 707 86,956 359,349 70, 567 806, 255 86, 339 .Dividends paid by receivers On se- On unsecured cured claims claims Dollars Dollars 8 641, 745 116, 889 634,681 73, 374 255,100 22, 313 2,126 74, 893 68, 384 71,170 22, 919 399, 587 46, 471 9 2,205,164 450,162 24,971 28,444 34,959 125, 663 39, 722 25,000 9,485 14, 941 20, 775 7,200 13, 381 30, 642 143, 500 95, 753 65, 234 49, 065 116, 534 76,332 30, 313 62, 707 16,300 20,500 135,104 7,974 144,808 12, 750 28,440 11,651 77, 209 76, 956 8,970 68,180 18,943 60,287 34,660 48, 640 85,140 57, 780 38,950 16, 666 60,871 32,353 1,699,473 14, 483 9,207 47, 390 3,428 122,433 37, 753 5,800 31, 547 48 4,358 6,497 13,100 4,301 17, 600 36, 891 24,015 81,146 8,603 14,156 7,490 261,170 26,028 76, 390 29, 784 24,448 65,151 8,437 12,916 3,450 27, 029 2,513 25,121 1,140 55,099 373,172 » 138,877 15, 416 47,971 34,114 37, 410 20,490 223, 377 18,002 76, 301 1,857 22 484,046 57,143 198 379,740 61,928 625,368 21, 506 16, 222 22,909 184,864 596, 544 238,066 104, 786 236, 262 384,618 70,877 267, 728 64, 660 345,694 46,820 94,428 73,143 167,806 190,804 85,977 21, 565 153,493 69, 620 4,307,431 7,856 124, 439 1,979 11 82,446 58, 737 308,, 279 275 REPORT OP THE COMPTROLLER OV THE CURRENCY 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preCash in ferred liaReceiv- hands of bilities paid Cash aders' salcompvanced in Conseraries, except troller vators' legal and protecthrough and retion of expenses other dividends, ceivers assets expenses including offsets allowed 226, 363 22, 672 51,839 Dividends (percent) Dollars Dollars 5,162 34, 221 6,198 10, 219 72,219 33, 679 12, 243 48,843 3,425 10,281 940 5,875 4,980 13,971 8,009 17,429 49, 820 16,201 178,062 72, 653 29,226 26,166 Dollars 1,282,438 9 50 201, 533 58 1, 690, 826 37.5 1,042,440 24.5 174, 569 14 91, 867 100 136,778 50 544,132 16. 6666 2, 206,102 20 4,356, 643 9 60 1,062,260 45 412 7 17,051 47, 624 21,164 13, 239 10, 524 8,034 16, 202 8,951 16,124 11,606 10, 903 1,571 5,083 24, 076 30, 752 4,272 31, 549 13, 294 41,190 11, 982 6,229 13, 403 8,883 60, 573 16, 874 13, 000 14,118 35, 677 16, 754 14, 897 15, 522 16, 810 23, 466 13, 958 17, 449 26, 023 38, 229 14, 835 7,577 21, 346 11, 000 314, 979 5,431 16,891 2,953 4,524 20,377 22,346 3,723 4,328 1,873 4,506 3,522 12,758 5,140 7,868 13,129 5,557 5,534 43, 702 7,007 62, 590 2,935 14, 502 5,391 6,196 14, 675 14,928 6,667 5,458 37,076 5,589 6,045 3,768 13, 461 14, 539 10, 294 9,556 11,986 19, 055 5,826 14, 786 16, 023 4,532 13, 289 3,453 821, 028 5,312 50, 511 1,563 257, 579 22.5 1, 653,936 30 347, 206 9 40 121,712 12.5 222,115 22 161,135 24 461, 095 9 98,137 24 369, 692 60 294, 419 7.5 169, 658 45 58.5 184, 566 20 968,101 50 1, 079, 017 7.5 203, 349 40 632, 508 60 206, 426 30 1, 389, 679 45 200, 725 15 51,992 31. 6666 253, 327 12 218, 051 85 2, 693, 626 30.5 528, 607 45 282, 556 37.5 497, 414 47.5 1,016,892 40 294,478 24 411, 505 65 562, 871 626, 426 55 583, 602 12 209,888 45 336, 209 27 671, 445 25 640,193 30 572, 641 15 175,910 12.5 438, 779 35 158,860 43 3333 21, 534, 738 20 68,171 15 454,072 33 31,741 10 8,481 843 234 14, 881 7,135 10, 849 74, 812 5,525 Dollars Dollars Dollars 1,107, 408 5,426 6 19, 206 279,350 2,642 645,696' 34,438 169 27,145 48,929 1,161 121, 480 305, 407 51,997 343,535 9,929 608,293 3,924 83, 206 967, 222 263, 202 68, 648 53, 216 33, 091 156, 492 57,529 100,665 64, 894 35, 332 76, 000 11,810 222, 838! 303, 732 61, 680 244, 338 72, 871 366, 379 57, 821 33, 573 58, 832 3,287 1,164, 646 467, 489 606, 690 16,135 219,147 152, 214 117, 917 41, 993 132, 674 232, 881 60, 854 163, 238 854, 264 353, 857 345,809 37, 648 224, 981 15, 956 3, 713, 244 12,130 71, 688 7,479 Amount of claims proved 3,328 26,848 1,818 2,330 765 2,041 930 43 6,550 1,235 41 453 1,091 8,703 7,500 153 770 161 804 619 3,145 391 13, 545 1,274 2,119 74 9,139 2,268 2,997 6 598 362 3,420 1,058 15, 490 4,322 1,009 3,069 7,098 98 190, 532 Interest dividends (percent) Date finally closed or restored to solvency 5.771 F e b . 20,1933 760,894 117, 476 308, 225 11 50 3.57 Mar 16 1933 Aug. 1,1933 1790 1792 1793 1794 1795 1796 1797 1798 1799 1800 1801 1802 1803 1804 1805 1806 1807 1808 1809 1810 1811 1812 1813 1814 1815 1818 1819 1820 1821 1822 1823 1824 1825 1826 1827 1828 1830 1831 1832 1833 1834 1835 1836 1837 1839 1840 1841 1842 1843 1844 1845 1846 1847 1848 1849 1850 1851 1852 1853 1854 1855 276 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks Commercial National Bank, Raleigh, N.C First National Bank, Victorville, Calif. First National Bank, Chardon, Ohio* Macksburg National Bank, Macksburg, Iowa* _ Citizens National Bank, Wisconsin Rapids, Wis.* Boston-Continental National Bank, Boston, Mass First National Bank, Louisburg, N.C First National Bank, Brushton, N.Y First National Bank, Venice, Calif First National Bank, Idaho Springs, Colo State National Bank in Lynn, Mass First National Bank, Kingston, Tenn First National Bank, Burlington, N.C Marion National Bank, Marion, Ohio First National Bank, Kelso, Wash American National Bank & Trust Co., Benton Harbor, Mich. First National Bank, Fredericktown, Ohio First National Bank, White House Station, N.J First National Bank, Middleport, N.Y First National Bank, Gasport, N.Y National Bank of Seymour, Seymour, Iowa Farmers & Merchants National Bank, Roseville, 111.1 Itasca National Bank, Itasca, Tex First National Bank, Cambridge, 111.1 Creighton National Bank, Creighton, Nebr First National Bank, Lost Nation, Iowa Farmers & Merchants National Bank, Enterprise, Ala First National Bank, Farmer, S.Dak Walnut Park National Bank, Walnut Park, Calif National Bank of La Grange, La Grange, N.C National Bank of Snow Hill, Snow Hill, N.C First National Bank in Florence, S.C Peoples National Bank, Burgettstown, Pa Vandeventer National Bank, St. Louis, Mo Bishopville National Bank, Bishopville, S.C First National Bank, Yorba Linda, Calif First National Bank, Ozark, Ark Hammond National Bank & Trust Co., Hammond, Ind First National Bank in Decatur, Ala First National Bank in Hazard, Ky Farmers National Bank, Granville, N.Y First National Bank, Osnabrock, N.Dak National Bank of Sabetha, Sabetha, Kans First National Bank, Durham, N.C 2 Home National Bank, Union City, Pa. Citizens National Bank, Harlan, Ky.2 Home National Bank, Elgin, 111.. Oskaloosa National Bank, Oskaloosa, Iowa Citizens National Bank, Long Branch, N.J Valparaiso National Bank, Valparaiso, Ind First National Bank in Mount Olive, 111 Bozeman Waters First National Bank, Poseyville, Ind_ Corinth National Bank, Corinth, N.Y Citizens National Bank, Albion, N.Y First National Bank, Harlem, Mont National Bank of Adrian, Adrian, Mo First National Bank, Woodward, Okla Germantown National Bank, Germantown, N.Y First National Bank, Iowa City, Iowa First National Bank, Culver City, Calif National Bank of Rensselaer, Rensselaer, N.Y Footnotes at end of table, pp. 318, 319. 1856 1857 1858 1859 1860 1861 1862 1863 1864 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1896 1897 1898 1899 1900 1901 1902 1903 1905 1906 1907 1908 1909 1910 1911 1912 1913 1915 1916 1917 1918 1919 1921 1922 Capital stock at date of failure Date receiver appointed Dollars 600,000 Dec. 21,1931 do 25,000 100,000 Dec. 22,1931 do 25,000 do 100,000 do 1,000, 000 do 50,000 25,000 Dec. 23,1931 do 50,000 do 50,000 do 200, 000 25, 000 Dec. 24,1931 100,000 do200, 000 do 100,000 Dec. 29,1931 200,000 do 25,000 Dec. 30,1931 30,000 .—-do__ 25, 000 do 25,000 do 25,000 do 50, 000 Dec. 31,1931 60, 000 Jan. 2,1932 50, 000 Jan. 8,1932 25, 000 Jan. 9,1932 40, 000 Jan. 11,1932 150, 000 do 25,000 do 100, 000 do 25, 000 do 50,000 do 100, 000 do 50,000 do 250, 000 do 75,000 Jan. 12,1932 25, 000 do 25, 000 Jan. 13,1932 400, 000 Jan. 18,1932 200, 000 do 100, 000 do 100, 000 do 25, 000 do do 60, 000 600, 000 do 50, 000 Jan. 19,1932 100, 000 do 150, 000 Jan. 20,1932 100, 000 do 150, 000 do 150, 000 do 50, 000 do do 50, 000 35, 000 do 200, 000 Jan. 21,1932 25, 000 do 25, 000 do 50, 000 do 50, 000 Jan. 22,1932 100, 000 do _. 100,000 Jan. 23,1932 do 100, 000 REPORT OP THE COMPTROLLER OF THE CURRENCY 277 1933y dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Book value of assets at date of Progress of l i q u i d a t i o n failure to date of this report Total Additional assessment assets upon received sharedate Estimated Estimated Estimated since holders of failure worthless doubtful good Dollars Dollars Dollars 521,723 2,551 Dollars 3,281 29,109 14,271 1, 734,023 126, 508 471, 644 78,138 27,198 887,911 37, 527 1, 207,051 768, 829 227,974 595, 340 106,031 111, 526 185,757 95, 973 60,103 26,893 50,417 52,441 36, 933 44, 337 178,742 19,966 606,851 6, 584 50, 662 353,181 88,008 450,043 68, 036 115, 010 31, 210 756,124 329,126 225,490 775,151 26, 293 234,136 4, 771,579 4,576, 378 136,899 336, 083 178, 410 206, 330 1,242, 366 46,176 988, 217 667,441 287, 673 1,607,140 120, 728 493, 298 337,012 125,465 119, 590 82,149 153, 718 200,181 122, 307 132,338 489, 562 62, 231 572, 855 66,992 108,779 746,469 107,199 1,166,479 279, 602 33, 875 92, 507 2,663, 658 874, 771 459, 386 810, 722 81, 202 409, 711 1,498,840 1,492,727 21,347 37,719 44,536 631 315, 543 27,021 15,941 64,084 60,906 209,227 482 48,793 35,483 42, 200 12,081 20,479 50,481 21,249 13,485 8,924 278, 330 7,618 154,183 10, 603 15, 291 13,037 9,797 236, 791 14,438 46, 846 13,906 134,028 70,719 118,183 11, 363 57, 652 650,582 444,941 13,260 738 338 460 271, 592 112, 696 19,974 26,992 22, 862 78,938 15,938 35,978 282,414 82,748 164,182 8,759 71,027 24,093 19,492 7,463 6,899 3,829 76,414 29,349 32,919 19,258 13,307 68, 411 45,009 2,634 36, 740 10,026 97,024 89,167 13,826 3,535 230, 651 48, 995 13, 323 130, 203 6,935 40,978 152,385 611, 515 282, 334 491, 792 260, 225 44, 547 191, 589 594, 629 1, 503,089 73, 347 18,137 240, 590 197,878 800, 631 207,251 680, 640 1,047, 685 1, 382, 787 1, 402, 864 618,457 504, 590 381, 282 1,081, 443 2, 605, 254 106, 545 59, 782 239, 561 275, 359 300, 761 717,495 356, 370 37, 566 238,906 v 19,565 3,163 7,173 3,353 194,070 74,369 19, 364 19, 517 36,088 90,266 53,028 56, 558 134, 649 67, 375 57,151 88, 330 75,130 10,127 122, 766 268,834 75,343 13, 588 14, 373 40, 599 422, 288 57, 210 56,528 1,907, 582 95,453 3,044,906 244,411 436,017 Dollars Total assets and stock assessment Dollars Cash collections from assets lections from stock assessment Dollars Dollars 600,000 25,000 50,000 25,000 100,000 1,000,000 50,000 25,000 50,000 50,000 200,000 25, 000 100,000 200,000 100,000 200,000 25, 000 30,000 25,000 25,000 25,000 50,000 60,000 50,000 25,000 40,000 150,000 25,000 100,000 25,000 50' 000 100,000 50,000 250,000 75,000 25,000 25, 000 400,000 200, 000 100, 000 100,000 25,000 60,000 6,519,152 380, 675 50 738 71,999 100,460 9,074, 720 447, 450 890,420 378,076 307,021 2,724, 758 151,662 2,347,187 1,982,768 759, 301 2,775,889 261,000 754,644 607,345 308,130 224,237 186,420 318,445 400, 285 227,074 258,518 1,115, 892 128,122 1,502,300 154,188 227* 366 1,249,427 265,030 2, 200, 337 526, 243 234, 557 166,158 4,050,433 1, 586, 920 868, 918 1,934, 259 150, 793 802, 477 7,073,386 2, 631,122 135,868 738 4,900 460 2,818,160 131, 345 534, 252 114,118 90,706 1,068, 428 38, 224 1, 595,887 696,318 232, 504 1, 076,245 106,073 517,197 358, 653 155,933 98,567 64,338 53,916 51,438 89, 621 82,012 136,876 17,156 644,000 7,580 34, 572 566, 752 113,422 947,361 154,041 93, 880 60,131 1,042, 576 456, 292 264,483 678, 360 22,922 253,400 5, 721, 271 280,809 10, 599 32,100 10,900 75, 579 154, 835 13,130 20,399 7,202 13,362 9,599 14, 583 72,036 149, 573 29,766 143,855 17,675 26,900 22,425 11, 034 15, 881 29, 780 16, 000 20,200 601 9,112 3,492 1,818 34,152 150,000 100, 000 150, 000 150,000 50, 000 50, 000 35,000 200, 000 25, 000 25,000 50, 000 50,000 100,000 100,000 100,000 2, 300, 219 1,870, 062 2, 340, 713 1,136, 577 677, 430 640,171 1,837,191 4, 771, 247 354, 604 135,871 564, 041 599, 924 1, 713, 946 1,134, 984 1, 329, 743 1,132, 611 783, 030 726, 592 398,828 171, 546 169, 946 1,191,104 2, 709,058 102, 330 31, 640 122, 706 220, 284 737, 094 473, 257 733, 201 116, 296 38, 851 70, 605 85, 732 28,851 26, 488 34, 200 150, 310 10, 510 3, 355 1,000 43,912 64, 940 19, 026 73,975 50,092 22,236 122, 364 21,913 12, 709 6,530 99,156 66,191 66,728 76,156 4,076 21,850 1856 1857 1858 1859 1860 1861 1862 1863 1864 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1896 1897 1898 1899 1900 1901 1902 1903 1905 1906 1907 1908 1909 1910 1911 1912 1913 1915 1916 1917 1918 1919 1921 1922 278 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. SI, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets alR.F.C. and set- lowed loan tled and unpaid balance R.F.C. loan 1856 1857 1858 1859 1860 1861 1862 1863 1864 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1896 1897 1898 1899 1900 1901 1902 1903 1905 1906 1907 1908 1909 1910 1911 1912 1913 1915 1916 1917 1918 1919 1921 1922 Conservators' distributions Loss on Book assets value of Book comremainvalue of pounded remaining ing unor sold uncollected collected To se- To ununder stock as- cured secured assets order of credisessment credicourt tors tors Dollars Dollars Dollars Dollars 11,400 394, 569 3,317,900 307,583 155,472 54,498 9,005 32,838 15,800 76,039 938, 311 686,365 3, 659, 360 204,796 11,500 6,899 48,821 595,903 69,816 41, 252 135,149 39,796 13,829 113,354 33, 522 9,286 120,985 167,700 136,107 1,381,834 58,226 526 5,419 271, 896 379,404 2,047, 327 23,651 98,784 1,029,375 84,700 283,101 51,313 20,831 184,891 117, 568 1,337, 668 131, 653 938 7,905 602,404 77,855 58,307 406,609 102,649 25, 531 177,074 34,829 7,607 2,500 122,140 2,920 7,692 94,118 72,082 81,020 11,104 71, 638 9,450 99, 536 5,530 9,314 101, 360 8,143 10,236 147,367 5,661 6,999 25,253 4,400 1,879 796,469 5,900 112,417 136,104 9,368 1,788 4,257 41,536 1,000 5,964 12,471 746,804 129,960 107,201 144, 245 8,587 4,737 172,242 1,241, 967 290,171 194, 432 15, 278 3,200 26,121 114,952 8,363 15, 592 74,933 5,272 3,000 9,928 304, 720 1,446, 452 194,306 558, 655 36,172 6,066 389,589 52, 278 40,553 6,100 831,203 76, 687 95,519 35,887 2,389 6,500 349,395 36,145 8,092 38,000 280, 111 6,001, 382 1,072, 004 7,600 4,800 11,300 22,900 149, 252 1,398,159 876,131 54, 250 944, 536 147, 339 521, 094 36, 534 205, 566 5,169 239, 622 35, 588 58, 731 1, 284,035 190, 698 3,050, 066 121,962 4,322 36, 252 1,257 146,004 22, 298 297,852 33,656 884, 262 70,928 564,117 71,834 952,112 122,036 89,760 258,185 115,385 30, 340 63, 436 9,844 344,938 429,071 26, 325 3,500 959 34,713 51,428 61,154 111,526 Footnotes at end of table, pp. 318, 319. Disposition of proceeds of liquidation Dollars Dollars 193,425 289,397 97,609 118,127 816,356 84, 087 509,779 115, 563 124,359 345,514 88,284 540, 563 255,803 91, 722 65,827 2,108, 831 888, 390 411,604 983, 693 100, 482 444,840 319,191 14,401 17,900 14,100 24,421 845,165 36, 870 4,601 42, 798 36,638 190,401 10,417 27,964 50,427 70, 234 56,145 7,325 3,100 2,575 13,966 9,119 20, 220 44,000 29,800 24,399 30, 888 146, 508 23,182 65, 848 25,000 50,000 49,908 27,764 127,636 53,087 12, 291 18,470 300,844 133,809 33, 272 23,844 20,924 38,150 778, 596 674, 597 1, 201, 397 520,875 387, 279 374, 793 207, 418 1, 242, 420 196, 627 74, 474 368, 078 261, 271 754, 496 428, 739 262,980 33,704 61,149 79, 395 64, 268 21,149 23,512 800 49,690 14,490 21, 645 49,000 6,088 35,060 80,974 26, 025 2,585,878 156,304 42,099 3,631,884 210, 385 220,100 160, 333 123, 507 1,199, 238 82,493 964,015 354, 653 1,197,185 121,084 71,285 95, 512 84, 761 90,058 Dollars Dollars Dividends paid by receivers On se- On unsecured cured claims claims Dollars 165,024 14,329 Dollars 364, 698 23, 840 . 8,976 219,012 29, 240 7,164 35,168 14,071 785 24, 750 10, 327 14,054 7,598 5,997 1,783 8,702 70,835 867,030 83, 753 440,909 52,106 25,096 958,151 25,047 21,537,173 449,875 95,190 532,735 51,603 442, 689 180, 639 67,112 48,889 21,034 12,141 15,926 3,378 247,235 6,737 50,997 3,114 5,428 135,877 86,126 591,020 6,034 35,479 44,016 3,538 12,489 183,321 136, 543 100,861 79, 353 246,498 266, 787 94, 979 25, 739 159, 382 81,862, 230 531, 241 546,186 125,741 28,484 215, 255 64,860 19,410 100, 210 1,072,166 U,753,679 6,509 4,057 1,422 3,928 17,238 1,640 6,582 32, 597 433,070 157, 395 567,988 KEPORT OF THE COMPTROLLER OF THE CURRENCY 279 1988, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 81, 1983.—Continued Disposition of proceeds of liquidation—Continued Secured and preferred lia- Cash adEeceiv- Cash in bilities paid vanced in Conser- ers' sal- hands of compexcept aries, protecvators' troller through tion of expenses legal and and redividends, other assets including expenses ceivers offsets allowed Dollars Dollars Dollars 2,715, 034 7,831 89,960 3,701 4,691 2,500 1, 662, 345 72, 804 78,182 44, 503 61,488 263, 523 23,143 498, 997 481, 353 135,070 606, 780 51,946 106, 413 190, 864 98, 842 43,266 63, 350 29, 562 48,460 68,489 65, 335 103, 503 15, 264 492,975 4,579 21, 644 489, 754 39, 355 510, 254 129,093 53,424 52,937 941, 894 306, 943 77, 632 380,294 2,464 168, 722 4,069, 752 1,190 2,775 2,571 961 65,494 67 1 1,517 8,514 3,623 74 73 83 444 8,615 49 94 119 1,227 1,257 109 7,492 21 5,805 7 7,225 7,193 66 486 6,996 34, 675 4,927 95 444 3 Dollars Dollars 14,027 51, 286 13,397 10, 245 31,894 944 1,496 637 2,704 796, 542 113, 241 2,599 13, 625 55, 865 20, 947 23, 700 12, 269 8,890 9,755 50, 310 44, 356 5,334 4,635 11,156 9,918 51, 544 18, 853 25, 474 164, 235 30, 295 3,132 10, 827 39, 777 13,452 18,022 16, 216 2,305 8,371 10, 701 10, 669 3,380 2,638 8,265 11, 783 6,183 2,847 2,337 8,852 6,473 6,402 24, 969 17, 638 371 4,348 8,948 31,117 464 43,04 1,173 6,554 41, 677 22, 694 5,338 10, 305 100, 380 33,088 5,006 11, 627 5,668 8,240 1,442 7,579 113, 238 64, 460 50, 975 20, 523 10, 274 20, 510 51,720 32, 496 2,039 5,550 2,893 17, 954 21,039 48, 358 Amount of claims proved Dividends (percent) Dollars 1,921,003 20 200,891 19 50, 223 19,099 47 100, 000 70. 835 5,428, 851 20 172, 553 70 735, 057 60 208, 545 25 130, 082 22.5 1,916,187 50 62, 462 40 1, 530, 372 12100 797, 363 56 307,000 31 1, 519, 759 35 137, 957 42 560, 758 79.1666 334, 654 54 134, 222 50 122, 230 40 99,000 25 105, 295 20 177, 348 7.5 70,022 18 79, 640 20 262,194 52,107 729, 963 10 29,986 34.5 97, 512 501, 496 12.5 116, 766 34 1,001, 769 75 163,016 68 104, 729 25 49, 955 42 1, 828,126 25 918, 451 17.5 547, 774 20 1,075,171 45 92, 031 25 430, 761 28 261, 422 37 8 100 Interest dividends (percent) Date finally closed or restored to solvency- M a r . 21,1933 Mar. 1,1933 N o v . 30,1932 Dec. 19,1932 780,491 236,064 588, 482 202,386 56,810 120, 724 94,065 1,029,474 87,389 24, 308 107, 470 196, 659 401, 422 355, 520 330, 538 1,961 44, 218 1,107 1,847 4,378 805 2 4,241 365 61 436 2,286 892 17,937 26,516 31460°—34 19 41, 446 32,468 38,834 24, 548 12,171 13, 023 32, 385 38, 324 10, 722 5,571 10, 293 17, 282 33, 551 22, 452 25,065 43,020 15, 773 190, 372 48, 574 47,937 4,860 85,417 224, 348 12,920 6,312 17,295 31, 790 15, 327 9,173 2,005 758, 673 70 1, 310, 932 41. 6666 1, 232, 252 10 462, 756 47 411, 074 20.5 401, 748 25 1, 462,073 73.3333 2,923, 870 8 60 5 211, 323 59, 504 365, 634 6 249, 735 13 745, 525 70 457, 471 35 709, 203 80 1856 1857 1858 1859 1860 1861 1862 1863 1864 1866 1867 1868 186Q 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1896 1897 1898 1899 1900 1901 1902 1903 1905 1906 1907 1908 1909 1910 1911 1912 1913 1915 1916 1917 1918 1919 1921 1922 280 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks Griggsville National Bank, Griggsville, 111 First National Bank, Arcadia, Fla Nephi National Bank, Nephi, Utah Elkin National Bank, Elkin, N.C Ocean Grove National Bank, Ocean Grove, N J Farmers National Bank, Pekin, 111--. National Bank of Whitehall, Whitehall, N.Y Anamosa National Bank, Anamosa, Iowa First National Bank, Gary, Ind Third National Bank, Pittsburgh, Pa.i First National Bank, Hiawatha, Kans Trigg National Bank, Glasgow, Ky Bell National Bank, Pineville, Ky First National Bank, Columbus, Mont First National Bank, Murfreesboro, Tenn First National Bank, Harvey, 111 __.. Cumberland National Bank, Fayetteville, N.C Peoples National Bank, Clinton, Mo Hopedale National Bank, Hopedale, 111 First National Bank, Palatine, 111-.. Washington National Bank in the City of Tacoma, Tacoma, Wash... Middlesex National Bank, Lowell, Mass._ First National Bank, Milton, Oreg Coast National Bank, Seaside Heights, N.J Point Pleasant Beach National Bank & Trust Co., Point Pleasant Beach, N.J _ 1950 Olympia National Bank, Olympia, Wash. ._. 1951 First Willapa Harbor National Bank, Raymond, Wash 1954 Pikesville National Bank, Pikesville, Md— 1955 South Gate National Bank, South Gate, Calif 1956 Peoples National Bank, Wellsville, Ohio 1957 First National Bank, Monte Vista, Colo 1958 First National Bank, Boswell, Pa 1959 First National Bank, Monterey Park, Calif -I960 First National Bank, Victoria, Va 1961 Joliet National Bank, Joliet, 111 1962 Commercial National Bank, High Point, N.C 1963 National Bank of America at Gary, Ind 1964 First National Bank, Shelbyville, Ind1 1966 First National Bank, Brockway, Pa. 1 1967 First National Bank in Brockway, Pa. 1968 Rockford National Bank, Rockford, 111.. 1969 First National Bank, Mendota, 111 1970 Mendota National Bank, Mendota, I1L__ 1971 Sedalia National Bank, Sedalia, Mo 1972 National Bank of De Pere, De Pere.Wis 1973 Wayne National Bank, Goldsboro, N.C 1974 First National Bank, Pittsburg, Kans 1975 First National Bank, Cherokee, Kans 1976 First National Bank, Newport Beach, Calif 1977 Seaside National Bank, Long Beach, Calif 1978 First National Bank, Craig, Colo 1979 Craig National Bank, Craig, Colo— 1980 Pioneer National Bank, Waterloo, Iowa 1981 Burnet National Bank, Burnet, Tex 1982 John Weedman National Bank, Farmer City, 111 1983 First National Bank, Leroy, 111 1984 First National Bank, Foosland, 111 1985 Citizens National Bank, Great Bend, Kans 1986 First National Bank, Sedro-Woolley, Wash _ 1987 First National Bank, Renovo, Pa Footnotes at end of table, pp. 318, 319. 1923 1924 1925 1926 1927 1928 1929 1930 1931 1933 1934 1935 1936 1937 1938 1939 1940 1942 1943 1944 1945 1946 1947 1948 1949 Capital stock at date of failure Dollars 50,000 100, 000 50, 000 50, 000 100, 000 100, 000 100,000 100, 000 250, 000 500, 000 55,000 75, 000 100, 000 25,000 200, 000 100, 000 150, 000 50,000 50, 000 50, 000 200, 000 200, 000 50, 000 25, 000 Date receiver appointed Jan. 26,1932 do do do. _do do. .do. Jan, 27,19*32 do Jan. 28,1932 do do do Jan. 29,1932 Feb. 1,1932 do. — _..do Feb. 2,1932 —do —_do .—do Feb. 3,1932 do ....do 100,000 do do 125, 000 do 100, 000 40, 000 Feb. 6,, 1932 do 50,000 do 100,000 50,000 Feb. 8, 1932 30,000 Feb. 9, 1932 do 25,000 do 25, 000 700, 000 Feb. 10, 1932 do 1,000, 000 do 150, 000 do 100, 000 35, 000 Feb. 11, 1932 do 65, 000 750, 000 100,000 100, 000 100, 000 100,000 325, 000 100, 000 25,000 25,000 300,000 25, 000 25, 000 200,000 30, 000 75, 000 50, 000 25, 000 50,000 25,000 50,000 Feb. 12, do do Feb. 15, Feb. 16, Feb. 17, do 1932 1932 1932 1932 —do do Feb. 18, 1932 do do .do Feb. 19, 1932 do do Feb. 20, 1932 Feb. 23, 1932 Feb. 26, 1932 281 REPORT OF THE COMPTROLLER OF THE CURRENCY 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued B o o k value of assets at date of failure Progress of liquidation to date of this report Total Additional assets assessment Total assets received upon and stock date shareassessment Estimated Estimated Estimated since of failure holders good doubtful worthless Dollars Dollars Dollars 56,496 247, 328 19, 588 106,107 595,044 27, 356 27,177 129,221 37, 531 171, 919 264, 225 177,405 502,824 1, 367,096 167, 480 506, 461 743, 929 3,779 464, 539 862,166 74,678 240,169 491,851 7,559 1, 991,128 1,851, 321 218, 053 90, 784 502,113 379, 378 66, 688 796, 847 479, 533 678, 957 126,142 54, 513 24, 268 356,124 1,021, 876 230, 691 37, 419 76,000 297, 686 300, 994 193,131 102, 252 527,129 655,030 903, 922 159, 845 99, 796 163, 947 994, 652 3,811, 758 265,435 188, 221 416,008 71,850 38,112 11,135 26, 621 372, 277 56, 433 38, 616 58,605 28, 388 32,141 52, 700 364, 971 89, 584 95, 265 91,972 1, 236, 540 805,903 295, 768 806, 348 499, 881 529, 380 194,943 358, 734 99,984 735,941 62, 234 144,172 145, 731 663,189 88,042 386, 058 102,948 242,822 1, 229, 847 4, 346, 476 1, 455, 571 6,817,970 479,143 735,156 331,927 375, 576 112, 617 49, 221 38,052 5,774 49,187 64, 270 13,318 34,373 3,212 17, 229 50,443 118, 611 28,712 22,472 2, 379, 291 84, 823 166,108 107, 301 180,607 362, 298 265,392 60,160 147,430 1,001,329 33,132 47, 676 279,450 50,040 208,339 111,090 44,032 193,901 74, 756 169, 217 107, 990 207,178 268,810 25,345 308,474 i 153,945 28, 290 7,100 3,252 10,952 9,385 99,467 7,290 16,888 72, 745 41,012 1,956 8, 433 58, 779 298, 709 677,949 4, 284,188 381, 618 475, 892 565,993 323,950 1,984, 448 1,377, 799 130,316 96,101 458,317 192,814 109, 214 2,736, 632 28,986 196,095 135,116 110, 209 242,963 242,355 563, 573 Dollars Dollars 50,000 9,082 100,000 224, 707 50,000 24,840 50,000 16,841 100,000 74,028 100,000 188,842 100,000 57,987 100,000 51,308 250,000 574, 310 500,000 565 55, 000 47,417 75,000 57, 309 100, 000 51, 349 25,000 54, 579 200,000 80, 680 100,000 67,117 150,000 31, 443 50,000 25, 828 50,000 48, 243 50,000 3,712 200,000 121, 592 200,000 227, 240 50,000 75,888 25,000 17, 672 100,000 50, 297 59, 324 60, 289 89, 677 48, 567 15,787 39, 338 68,148 31, 526 6,102 351, 554 194,100 93, 036 113, 686 285 49,170 372,109 84,424 161, 381 25, 385 52,112 132, 343 215,088 17, 232 18, 017 86,922 63,438 167,359 260, 546 45,167 130,908 112, 620 7,782 18, 550 113, 253 34, 207 125, 000 100,000 40,000 50,000 100,000 50,000 30,000 25,000 25,000 700,000 1,000,000 150,000 100,000 35,000 65,000 750,000 100,000 100,000 100, 000 100,000 325,000 100,000 25,000 25,000 300,000 25,000 25,000 200,000 30,000 75,000 50,000 25,000 50,000 25,000 50,000 Cash collections from assets Cash collections from stock assessment Dollars Dollars Dollars 382,494 131,611 39,108 1,053, 214 201,196 7,703 268, 769 35, 618 16, 356 680, 390 191, 504 21, 756 2, 211, 428 613, 013 77, 754 1, 543,011 617, 272 82, 310 1, 559, 370 891, 225 80, 726 890,887 321,854 33,033 4,884,812 2, 228, 773 89, 655 500, 565 565 140, 408 174, 276 562, 737 25, 736 973, 528 310, 637 25, 272 734, 993 148,112 45,838 275,140 88, 991 6,566 1, 976,933 535, 939 91,093 1, 358,113 426,049 54, 435 1,802, 938 518,134 40,106 420,420 193, 272 14, 225 280, 940 41, 763 25, 540 274, 068 53,909 20,807 1, 725,068 852, 303 22, 334 5,625,845 1, 917, 791 22,166 711, 598 148, 900 36,806 363, 577 72,878 10, 285 734,277 128,802 52, 043 2,339, 384 1, 311, 626 1,196,990 658,018 1,000,899 360,014 920, 386 564,999 380,084 6, 645,106 9, 518,084 1, 575,946 949,901 35, 285 814, 591 7,893, 578 858, 043 1,172,191 824,024 965,143 2,958, 034 1,986, 569 239,808 289,800 1,857, 520 323, 769 448,716 3, 483,918 171,081 683,087 449,838 188,979 513,847 514,143 1,115, 706 1,123, 937 702, 058 423, 251 287,008 261, 787 89,957 164, 803 249, 018 98, 545 1,321,060 1, 641,985 499,835 260,891 270 140, 895 2, 068, 023 227, 045 436, 591 314, 366 243, 597 1, 011, 307 882, 901 90, 507 110,123 711, 659 154,819 100, 295 940,746 42,991 212,467 116, 218 73,304 255, 587 155,105 206,868 49, 350 25,177 35,475 14, 230 35,109 15, 576 13, 400 15, 406 110, 834 404, 688 20, 593 51,923 28,986 46,002 339, 428 71,171 59, 201 76,061 82, 016 220,972 39, 499 3,216 5,454 140,419 7,891 5,390 28,314 4,765 39,043 14, 206 9,582 42, 295 2,640 43,049 1923 1924 1925 1926 1927 1928 1929 1930 1931 1933 1934 1935 1936 1937 1938 1939 1940 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 282 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31i total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets alR.F.C. and set- lowed loan tled and unpaid balance R.F.C. loan Conservators' distributions Loss on Book assets value of Book comremainvalue of pounded remaining ing unor sold uncollected collected To se- To unsecured under stock as- cured assets credi- crediorder of sessment tors tors court Dollars Dollars 201,336 14, 717 8,820 253, 623 38, 724 18, 355 77,415 5,941 240, 003 26, 743 20, 646 945, 770 70, 594 52, 200 202,803 757,689 58,107 138, 745 68,009 1, 048, 260 202,171 8,300 394,914 40,027 39, 888 304, 350 2, 622, 778 113,975 140, 973 7,666 14,494 221, 506 29, 705 45,935 423, 344 45, 702 41, 500 32,184 248, 334 5,653 22,200 4,728 100, 285 15, 334 73, 496 701, 528 59, 244 1,000 46, 538 548, 222 90, 014 21, 200 724, 531 5,707 16, 600 149, 691 18, 250 225, 747 2,680 34, 401 101, 704 4,511 4,167 78, 883 12, 029 50, 223 932, 360 267, 357 7,500 44,000 140, 478 2,124, 435 1, 014, 486 33, 235 247, 841 28,900 29, 521 112, 684 48,170 13,151 193,996 37, 831 191, 803 1, 365, 090 60, 961 32,084 5,300 222,075 764, 619 49, 635 143, 987 16, 800 525,161 29,480 76,137 26, 800 357, 518 18, 836 56, 774 315,73? 1,890 8,299 91, 847 34, 252 21, 38? 31,900 246, 531 30,183 74,0,36 292, 601 15, 579 129, 530 311,633 1, 743, 527 145,676 330, 081 2, 738, 654 55,073 361,900 57, 786 662, 896 8,400 134, 068 30,029 3,075 393, 843 51,000 29, 256 186,897 563,454 2,970,905 241, 205 313, 314 15, 098 76, 095 544, 073 48, 281 27,423 416, 354 25, 927 108,429 362,059 36,446 74, 829 149,673 18,400 147,898 1,398,577 96,976 1,019,376 81, 589 108, 802 15,079 25, 252 128, 389 12, 812 34, 736 902,465 50, 387 112,158 168, 084 5,374 20, 629 5,765 111,450 10,488 112, 528 1,081, 588 146, 367 2,853 50,609 842 35, 566 287,076 34, 677 18,993 149,417 3,572 5,708 90, 294 25, 280 1,700 6,972 304, 854 25, 909 14, 001 179, 746 9,751 8,000 112, 44o 34, 000 33, 531 317,448 Dollars 1923 1924 1925 1926 1927 1928 1929 1930 1931 1933 1934 1935 1936 1937 1938 1939 1940 1942 1943 1944 1945 1946 1947 1943 1949 1950 1951 1954 1955 1956 1957 195K 1959 1960 1961 1962 1963 1964 1966 1967 1963 1969 1970 1971 1972 1973 1974 1975 1976 1977 1f)78 1979 1980 1981 1982 1983 1984 1985 1986 1987 Dollars 15,900 6,000 19,500 Footnotes at end of table, pp. 318, 319. Disposition of proceeds of liquidation Dollars 177, 346 694, 939 177, 210 391,497 1,225,018 628,887 297,965 389,118 1,987, 714 289, 262 496, 254 449, 044 141,087 1,108, 254 695,512 979, 406 156, 218 150, 265 153,963 355,185 2,353, 090 479, 463 188, 008 454, 493 837, 683 255, 409 540,117 215, 393 563, 50? 209, 868 669,949 186, 762 240, 960 4,166, 737 6,490, 945 734, 257 555, 906 15 608, 696 4, 270, 896 439, 805 559, 896 275, 302 510, 271 1,324,156 825,103 83,970 107,129 683,316 117, 947 307,168 2,084, 277 94, 395 325,377 261, 055 59,687 175, 379 310, 286 712, 862 Dollars 10,892 92, 297 33, 644 28, 244 22, 246 17, 690 19, 274 66,967 160, 345 359 592 29, 264 49, 728 54 162 18 434 108,907 45, 565 109,894 35,775 24, 460 29,193 177, 666 177,834 13,194 14, 715 47, 957 75, 650 74, 823 4,525 35, 770 64, 891 50,000 14, 424 11, 600 9,594 589,166 595, 312 129,407 48, 077 6,014 18,998 410, 572 28, 829 40, 799 23, 939 17,984 104,028 60,50 21,784 19, 546 159, 58 17,109 19, 610 171, 686 25,235 35,957 35, 794 15,418 7,705 22, 360 6,95 Dollars Dollars Dividends paid by receivers On se- On unsecured cured claims claims Dollars 3,937 10,155 30,088 38, 799 Dollars 140,099 28,937 83, 720 308,728 502, 667 604, 240 282, 800 537, 760 117,013 187, 429 165, 042 4,150 243, 604 220, 655 102, 021 64, 320 147, 436 35, 698 20, 028 387, 312 1, 751, 912 127, 674 3,380 1,199 2,468 67, 665 15, 015 139,790 15,167 14, 682 23,489 11, 652 108, 200 183, 599 361,143 124, 988 62, 717 1,682 5,944 12,968 102,483 38, 361 22, 600 441, 678 171,713 9,576 234, 080 1,636 193, 996 23, 657 27 237 72, 366 1, 377, 330 187, 721 1,209 382, 515 52,112 148,125 197, 670 390, 877 93,139 412, 571 38, 973 55, 371 4,003 26, 257 9,485 359, 286 21, 719 5,933 6,024 3,369 6,006 19, 339 204, 550 71, 637 71, 513 107, 782 81,808 182, 878 REPORT OP THE COMPTROLLER OF THE CURRENCY 283 1933y dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessmentsf amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 81, 1933.—Continued Disposition of proceeds of liquidation—Continued i Secured and preferred lia- Cash adReceivbilities paid vanced in Conser- ers' salexcept aries, protec- vators' legal through and of expenses other dividends, tion assets including expenses offsets allowed Dollars Dollars 39,726 156, 087 51,181 114, 634 546, 024 196,877 417,189 64, 411 1,935, 259 6,399 47,990 130 1,758 15,059 86, 378 209, 252 56,911 76, 785 340, 307 289, 516 494,970 64,435 55,027 40,340 448, 509 266, 373 82,163 99,817 141,986 1,014,954 534, 232 126, 379 203, 527 186, 320 60,195 113, 453 199,464 68, 637 1, 450, 679 2,044,079 378,466 146, 504 2,686 3,870 324 140,183 1, 354, 394 66,968 124, 584 185, 472 63, 538 834,122 518,827 25,109 65, 247 453, 619 111,012 76,681 844,379 19,032 54,976 63, 541 10,877 105, 036 70, 793 99, 519 Dollars 514 10, 279 7,518 10, 582 42 8,401 83 1,002 40, 694 8,048 9,409 53 398 1,929 127 91 241 5,108 14,140 1,113 6,953 7,541 8,499 6,785 5,280 12,173 24, 432 526 211 75 2,847 5,966 2,329 124 371 21,410 8,022 345 68,392 182 150 33 54,919 863 1,681 Cash in Amount claims hands of ofproved comptroller and receivers Dollars Dollars 6,386 8,726 13, 953 12, 420 19, 499 31, 520 31, 419 20, 224 13,802 55, 933 1,070 13, 036 15, 775 17, 591 12,195 28, 500 31,591 42, 364 9,541 7,442 10, 556 43, 627 76, 326 19, 708 7,962 10, 648 35, 870 17, 839 16, 295 21,081 15,977 10, 348 12, 503 13,018 7,508 46,155 59, 530 33,113 27, 425 966 2,451 70,150 16, 635 16, 303 14, 496 20, 439 51, 224 27, 739 7,456 9,162 39,128 10, 859 6,258 42,675 5,972 12,128 9,368 3,871 18, 221 15,132 26, 259 2,719 13, 684 10, 237 14, 351 26, 726 6,093 23, 622 47, 509 139,903 2, 393 7,018 7,267 4,687 10, 870 6,418 12,455 4,252 3,537 6,957 12, 218 21, 776 5,507 4,852 14, 297 64, 347 13, 655 6,571 7,681 22,121 7,164 15, 297 28,861 10, 276 238,194 14, 869 2,381 12,109 4,633 17,026 72, 233 41, 464 19, 251 16, 074 77, 565 23, 249 18,937 16,739 17,867 29, 022 10, 539 18,773 126,142 6,084 15, 272 4,838 4,033 18,896 5,144 7,111 Divi- Interest dividends dends (per(percent) cent) Date finally closed or restored to solvency Dollars 202, 653 392, 882 89,599 453, 655 1, 232, 792 802, 318 805, 443 566,058 1, 778, 355 70 8. 3333 20.5 26 62. 6666 75 50 32 5 312, 315 535, 533 415, 268 133, 640 1,103, 484 697,094 925,350 220,054 101,995 120, 239 664,405 4, 671, 754 425, 601 113,824 380, 871 1,307, 221 472, 382 787,961 278,070 664, 452 157, 532 555,053 296, 398 269, 595 37.5 35 40 5 26. 6666 31. 6666 18 67 35 16. 6666 58.3333 37.5 30 4,094, 294 663, 651 437,650 102, 858 598, 755 3,620, 494 422, 279 612,006 301, 233 564, 771 1,197,850 924, 770 131,942 155, 231 686, 453 87, 521 194,903 1, 570,976 42,983 316, 460 159,193 110,176 254,253 263, 462 831, 781 15 36. 6666 45 23 4.55 40 45 62.5 50 35 40 45 45 20 52.5 25 5 7 18 39 48 45 13 20 15 13 45 65 45 65 42.5 33. 3333 22 1923 1924 1925 1926 1927 1928 1929 1930 1931 1933 1934 1935 1936 1937 1938 1939 1940 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 284 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at -date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks 1988 1989 1990 1991 1992 1993 1994 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 First National Bank, Hornell, N.Y First National Bank, Pitcairn, Pa Peoples National Bank, Pitcairn, Pa First National Bank, Trafford, Pa First National Bank, Champaign, 111 First National Bank, Bardwell, Ky First National Bank, Hamilton, 111 First National Bank, Arlington, Ga First National Bank, Hartwell, Ga 1 City National Bank, Knoxville, Tenn. First National Bank, Alexis, IU.i Citizens National Bank, Kendallville, Ind First National Bank of Bay Point, Port Chicago, Calif First National Bank, Alva, Okla Security National Bank, Fairfield, Idaho National Bank of Commerce, Garnett, Kans Merchants National Bank, Brownsville,2 Tex First National Bank, High Bridge, N.J. Merchants National Bank, Definance,1 Ohio J First National Bank, Defiance, Ohio First National Bank, Lonaconing, Md.i First National Bank, Fairfax, Okla First National Bank, Nebo, 111 First National Bank, Glasgow, Ky Forest City National Bank, Rockford, 111 First National Bank, Highland, Kans First National Bank, Albion, 111.1 Albion National Bank, Albion, 111.1 Coggin National Bank, Brownwood, Tex.i First National Bank, Roscoe, Tex.1 Bayard National Bank, Bayard, W.Va First National Bank in Driggs, Idaho First National Bank, Seymour, Ind.1 First National Bank, Lafayette, Colo Citizens National Bank & Trust Co., Hornell, N.Y National City Bank, Tampa, Fla.1 Douglass National Bank of Chicago, Chicago, 1111 United States National Bank, La Grande, Oreg. First National Bank, South Glens Falls, N.Y Hancock National Bank, Sparta, Ga 1 State National Bank, Santa Anna, Tex. United States National Bank, Iron Mountain, Mich Citizens National Bank, Salmon, Idaho. First National Bank, Hartington, Nebr First National Bank, Crofton, Nebr Baraga County National Bank, L'Anse, Mich Liberty National Bank, Waco, Tex.1 First National Bank, Beverly Hills, Calif National Bank of Rolla, Rolla, Mo First National Bank, Jayton, Tex Washington National Bank, New York, N.Y.i First National Bank, Sutersville, Pa First National Bank, Rock Falls, 111 . Leominster National Bank, Leominster, Mass First National Bank, Sheffield, Iowa Henderson National Bank, Henderson, Ky New Jersey National Bank & Trust Co., Newark, N.J Holston National Bank, Elizabethton, Tenn.1 Alliance National Bank of Chicago, Chicago, 111 First National Bank, Arlington, Nebr First National Bank, Whitesburg, Ky Footnotes at end of table, pp. 318, 319. Capital stock at date of failure Date receiver appointed Dollan 300,000 Feb. 27, 1932 100,000 Mar. 2, 1932 75, 000 do 30, 000 do 300, 000 Mar. 4,1932 25, 000 do 50,000 do 30,000 Mar. 8,1932 75, 000 .____do 1, 000, 000 Mar. 9,1932 50, 000 Mar. 15,1932 80, 000 Mar. 16,1932 25,000 Mar. 18,1932 50, 000 do 25,000 Mar. 19,1932 25, 000 Mar. 25,1932 250,000 Mar. 28,1932 50, 000 Mar. 30,1932 100, 000 Apr. 11,1932 100,000 do 25, 000 do 25, 000 Apr. 12,1932 40,000 do 50, 000 Apr. 15,1932 300, 000 Apr. 19,1932 25, 000 Apr. 26,1932 50,000 Apr. 27,1932 50, 000 do 100, 000 do 25, 000 do 25,000 Apr. 28,1932 25,000 May 3,1932 100, 000 May 6,1932 25, 000 May 9,1932 125, 000 May 10,1932 500, 000 May 20,1932 250, 000 May 21,1932 100, 000 May 23,1932 25, 000 May 24,1932 25, 000 do 50,000 do 100, 000 do 100,000 May 25,1932 60, 000 June 1,1932 25,000 do 50,000 June 2,1932 300,000 June 3,1932 450, 000 June 7,1932 50, 000 June 8,1932 40,000 do 500, 000 June 10,1932 25,000 do 50,000 do 150,000 June 11,1932 40, 000 __..do 200, 000 do 2, 800,000 do 50,000 June 14,1932 200, 000 June 15,1932 25,000 June 17,1932 50, 000 do REPORT OP THE COMPTKOLLER OP THE CURRENCY 285 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Book value of assets at date of failure Progress of liquidation to date of this report Total Additional assets assessment Total assets received upon and stock date shareassessment Estimated Estimated Estimated since of failure holders doubtful worthless good Dollars Dollars Dollars 671,437 345, 603 161, 594 182,130 2, 337,646 211,441 58, 743 13, 383 80,069 874, 341 11,644 190,999 19,956 350, 278 52,688 118, 832 1, 822, 005 1,800.366 580,836 356, 063 304,080 2, 807, 223 97, 718 141, 560 78,462 160,471 2,177,467 55, 828 427, 360 129, 505 185, 514 74, 308 216, 016 1,654,474 257,180 96, 575 72, 591 69,629 557,983 31,375 75,462 32,429 25, 216 1,171, 798 14, 579 1,544 19, 733 45,149 540 49, 240 558, 226 210,770 66, 555 15, 629 17,946 1,014, 021 9,856 7,921 13,302 55, 274 576,160 1,498 23, 775 7,841 17, 529 18, 364 8,511 364, 868 609 1,338 1,650 69, 570 66, 938 163, 868 1,171, 980 59, 712 4,439 10,382 47,618 76, 823 180,907 83, 304 214, 785 134, 775 200, 096 1,555,934 96,048 118,039 127,099 2,438 50,082 154, 869 18, 420 77, 286 75, 732 2,340 24,821 63,589 7,165 64,181 717, 751 4,276 57, 625 365 146,147 100, 250 1 107,140 194, 867 127,180 49, 319 308, 690 26,417 184,644 62,479 261,992 87,134 1, 768, 636 682, 212 673, 268 125, 649 314, 047 109,975 18, 764 563, 036 377, 064 177, 059 114, 007 263,140 10, 793 2,665 58, 269 53, 921 3,024 268, 797 147,900 22, 006 266, 445 72, 621 49, 649 112,965 38, 883 74, 213 117, 594 33,347 7,254 3, 032,107 237, 684 19,723 8,128 103, 659 137,814 535, 538 59,016 748,360 2, 736, 228 14, 003 217,902 23,857 150,067 2, 234, 771 304, 361 149, 652 148, 731 350,914 314,820 1,357, 062 284,135 705,822 12, 958,425 227,896 1, 675,105 106,144 367,658 1.607,978 197,681 76, 468 88,584 1,318 46,014 71,822 2,615 79, 319 1, 240, 980 93, 661 8,794 11, 621 124, 016 1,270 5,541 437 19, 661 26,622 16, 531 314,921 38, 845 972 2,987 10 4,635 6,293 7,687 6,166 13, 006 145,976 742, 273 131, 231 15,924 32,488 2,135 99 37, 817 49, 010 23,192 10, 490 24, 067 1,113 186, 671 43, 011 1,466 5,104 43,155 19,162 82, 346 17, 615 166, 675 528, 654 21, 308 78, 749 5, 370 27, 283 I§, 553 Dollars Dollars Dollars Cash colCash col- lections lections from from stock assets assessment Dollars 25, 000 50,000 30, 000 75, 000 1, 000, 000 50,000 80,000 25, 000 50, 000 25, 000 25, 000 250,000 3, 239, 753 1,189, 569 680,877 603, 785 6,716, 873 375,390 333, 686 167, 576 396, 030 5, 799, 766 133, 549 723, 678 202, 035 648, 470 170,900 417, 599 4, 649, 573 1,404,011 308, 294 208, 027 149,122 3 594,287 108,169 129,473 24, 776 79, 225 2,199, 226 16, 259 355, 495 87, 617 125, 853 67, 346 157,953 1, 500, 606 100, 000 100, 000 25, 000 25,000 40, 000 50, 000 300, 000 25, 000 50,000 50, 000 100, 000 25, 000 25, 000 25,000 100, 000 25, 000 125, 000 500, 000 250, 000 100, 000 25, 000 25, 000 50, 000 100, 000 100, 000 60,000 25, 000 50, 000 300, 000 450,000 50, 000 40,000 100,000 25, 000 50,000 150,000 40,000 200,000 2,800, 000 50,000 200,000 25, 000 50, 000 330, 404 267,006 27, 087 347, 569 270, 773 480, 577 3,497,704 238, 025 250, 736 266, 200 100, 010 69,185 243,423 217, 024 429, 244 192, 345 3, 026,160 2, 076, 661 1,134,130 508, 383 590, 303 287, 009 181, 829 846, 876 795,154 505, 025 232,163 653,151 301,113 7, 511, 527 832, 737 287, 309 350, 547 524, 046 567,810 2,196, 768 403, 381 1,900,176 20, 264, 287 406, 868 2,180, 550 171, 992 719, 024 17, 303 7,964 2,087 161, 043 111, 734 199, 209 1, 258, 785 87, 077 8,084 10,919 10 5,981 72,198 73, 507 125, 850 71, 491 901, 079 75, 004 189,105 20, 470 314, 718 77, 589 3,599 168, 850 267, 655 144, 229 54, 782 148, 763 1,113 3,000, 476 156, 700 31, 698 35,188 152, 663 142, 262 1, 098, 303 145, 343 742, 017 8, 950, 259 19, 749 942, 432 60,067 164, 807 300,000 100,000 75,000 30,000 Dollars 122,955 1988 60, 517 1989 28,132 1990 10, 267 1991 1992 6,872 1993 23, 335 1994 4,700 1996 38, 689 1997 588, 791 1998 29,979 1999 62, 331 2000 3,176 2001 2002 2003 1,500 2004 82,833 2005 2006 13, 000 2007 28, 025 2008 22, 600 2009 5,856 2010 32, 350 2011 22,171 2012 141,630 2013 13, 200 2014 25, 262 2015 24, 822 2016 2,300 2017 9,337 2018 10, 210 2019 1,689 2020 100, 000 2021 3, 284 2022 87, 586 2023 255, 571 2024 7,229 2025 38, 689 2026 21, 846 2027 4,461 2028 39, 431 2029 35, 203 2030 30, 028 2031 5,313 2032 11, 212 2033 26, 417 2034 197, 650 2035 132, 887 2036 22, 655 2037 6,727 2038 21, 958 2039 7,573 2040 28, 365 2041 114, 643 2042 13,992 2043 74,311 2044 792, 616 2045 7,902 2046 16,042 2047 16, 400 2048 24, 831 2049 286 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets alR.F.C. and set- lowed loan tled and unpaid balance R.F.C. loan Dollars 102, 663 51, 541 18,997 17,165 123,000 424,410 24,981 25,461 17, 500 9,324 9,241 230, 016 Dollars 1988 1989 1990 1991 1992 1993 1994 1996 1997 1998 1999 2000 2001 2002 2003 ?,004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 ?02S 2029 2030 2031 2032 2033 2034 2035 203(5 2037 2038 2039 2040 2041 2042 2043 2044 2045 204(5 2047 2048 2049 6,400 224, 200 24,006 1,274 7,398 3,683 6,118 119,126 Disposition of proceeds of liquidation Conservators' distributions Loss on Book assets value of Book comremainvalue of pounded remaining ing unor sold uncollected collected To se- To unsecured under stock as- cured assets credi- crediorder of sessment tors tors court Dollars Dollars 1, 629, 629 337,347 420,352 73,477 255,156 22, 501 176, 554 63,672 4,141, 697 589,986 140, 022 195, 769 3,866 38,800 1,974 127,155 15,175 3,018,033 2, 297, 721 46, 238 441,832 110, 637 92,067 71, 660 133, 251 71,029 1,152 171,971 6,868 1,926, 765 69,981 30, 303 9,778 35,989 24,687 1,821 16, 517 183,416 5,431 149, 515 30,857 7,733 229,113 276, 626 91,800 247, 079 1, 739, 294 20,989 9,793 110,070 2,014 794 34,140 2,255 2,313 38,054 2,310 236 15, 318 14, 837 162 82, 570 503 5,370 80, 566 203, 384 10 225,860 18, 654 • 8,634 83,409 87, 461 49,164 1,037, 829 25, 633 330, 575 26, 852 13, 443 209, 777 2,967 62,126 80,183 16, 874 353, 438 9,757 91,807 128, 230 43, 030 112, 814 20, 390 28,500 252,943 16, 245 51,539 349, 222 798 5,645 155,187 2,173 2,123 68,117 24,060 44, 914 2,900 222,994 198, 763 861, 635 467, 602 3,600,965 17,060 14,109 193,464 129 38, 554 1,316 57,146 2,462 72,626 162, 698 18,174 33,614 188,801 128, 605 1, 341, 551 244,933 14,134 47, 413 209, 369 35, 900 74, 562 78,153 890, 890 380, 900 930, 111 11,053, 886 1, 012, 664 27, 651 457, 674 28, 926 987, 400 31,849 4,774 81, 241 15, 402 40, 080 244,118 14, 400 Footnotes at end of table, pp. 318, 319. Dollars Dollars 1,095, 732 177,045 656, 257 39,483 356,352 46,868 343,826 19, 733 2,108,190 217, 240 18,128 124,886 26, 665 101, 502 25, 300 217,389 36, 311 72,803 411, 209 67, 290 20, 021 153, 540 17, 669 16,484 21,824 465,219 50,000 73, 719 25,000 221, 660 23, 500 2, 709,860 167,167 213,101 149, 264 143,188 113, 608 192, 778 1,415, 214 95,166 189,844 200, 713 37,968 131, 226 112, 644 68, 566 1,863, 456 1,476, 024 654, 730 384,946 153, 528 174, 663 444,822 359, 715 294, 353 148, 085 385,414 2,731, 814 594,868 215, 482 214,043 271,295 323, 760 574, 927 156, 491 805, 444 6,571, 253 337,119 551, 518 50, 302 448,735 Dollars On se- On unsecured cured claims claims Dollars 23,565 15, 862 1,953 17, 581 27, 366 41, 277 11, 327 12, 669 9,593 87,000 71, 975 2,400 19,144 7,650 27,829 158,370 11,800 24,738 25,178 97, 700 15, 663 14, 790 23, 311 21, 716 37, 414 244, 429 242, 771 61,311 3,154 20, 539 10, 569 64, 797 69,972 54, 687 13, 788 23, 583 102, 350 317,113 27,345 33, 273 78 042 17, 427 21, 635 35, 357 26, 008 125, 689 2, 007, 384 42, 098 183, 958 8,600 25,169 Dollars Dividends paid by receivers Dollars 584,638 245, 558 65, 558 71, 507 91,981,059 48, 540 118, 553 6,792 28,067 230,855 24,186 18,818 479, 820 19,461 48, 318 125, 585 117, 711 1,039, 258 36,982 59 19, 714 49 15, 879 9,384 8,333 1,663 6,200 98, 891 33, 749 6,563 20,822 187,806 875 200,005 10,817 6,988 18,736 6,261 6,063 6,477 141,000 101, 771 30, 672 7,785 7,310 52, 795 487, 717 6,555 _ _ 4,428 2,793 25, 052 102, 524 45, 021 848,159 126, 762 9 402, 320 2, 515, 258 67, 016 33,881 104,479 KEPORT OP THE COMPTROLLER OP THE CURRENCY 287 1933, dates of appointment of receivers and final closing> with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preferred lia- Cash adCash in Receivbilities paid vanced in Conser- ers' sal- hands of except vators' aries, legal compprotecthrough tion of expenses and other troller dividends, assets expenses and reincluding ceivers offsets allowed Dollars Dollars Dollars 901,045 9,866 142,969 277 143, 740 185 73, 594 2,076,160 14,960 74, 262 386 63,136 21,743 328 63,995 1,042 2, 392, 874 16,080 111,933 8,400 72,099 4 107, 535 1,872 20,413 195 124,139 6,909 1, 290, 487 68, 646 Dollars Dollars 33,402 100,678 19, 887 11,661 12,826 9,282 12,180 3,411 55, 549 13,969 11,914 4,920 7,761 6,319 6,169 1,815 10,470 6,000 20,835 604, 324 1,835 957 13, 685 35,682 5,139 3,498 10, 774 13, 070 8,486 5,080 10, 655 1,857 40,095 47, 717 Amount of claims proved Dividends (percent) Interest dividends (percent) Date finally closed or restored to solvency Dollars 1,461, 444 40 707, 727 35 351,162 22 439,141 20 2,904,927 9 60 194,166 25 158,164 75 87,309 10 142,940 32 3, 201,987 49,756 55 329,872 70 75, 514 15 319, 228 78,425 47 279, 594 10 2,180, 693 22 Dec. 12,1932 15, 248 5, 572 1,647 465 71, 535 5,479 83, 669 559,840 62, 872 5,794 10,413 218 1,309 26 60,917 37 594 135 5,309 28, 517 57, 214 125, 064 53,014 789,336 63,462 135,896 7,179 81,837 65,929 30,250 119, 632 253,945 123,429 41, 569 140, 936 50,800 2, 798,107 124,519 24,118 8,967 40,970 110,387 416,196 69,018 343,891 8,352, 617 19, 586 883,131 33, 209 99,616 68 74 217 400 5,710 7,609 2,390 6,814 25 351 17,508 18 20 4,186 6,878 9,031 2 91 143 53 808 1,569 8 19,113 1,020 2,652 487 11,143 6,546 8,419 29, 931 5,147 2,246 2,180 2,025 1,017 6,766 4,291 1,905 5,688 24, 582 12, 923 22, 368 9,613 10, 951 7,961 1,963 16, 520 15, 544 8,463 5,974 11,173 1,969 68, 762 15, 710 5,290 10, 366 9,172 12,191 33, 784 8,735 26,143 127, 699 1,390 23, 798 5, 681 13,422 12, 388 27,300 4,739 42,818 10, 596 19, 288 49,348 5,032 5,733 9,398 285 591 11,801 6,081 3,485 218, 201 57,900 49,123 38,520 60, 645 17,892 7,681 12,817 9,231 7,181 7,427 4,994 239,501 44, 204 9,146 12. 761 10,030 14, 556 43, 269 4,801 117, 728 56, 743 6,675 9,027 5,669 7,488 103, 571 102,884 88,461 192, 340 146, 602 280, 282 1,598, 859 72, 812 141, 235 151, 692 100,000 9,603 135,002 127, 739 225, 655 75, 717 22 30 85 42 65 50 14 10.5 54 25 10 43.824 27.5 534,352 35 313, 653 206, 681 364,365 55 139,175 51,192 21.13 437,155 25 269, 559 12 278,831 5 133,828 10 355, 688 16. 6666 300,000 47 3, 251, 554 15 591, 670 178,860 50,104 50 341, 747 30 301, 654 15 1, 211,676 70 230,477 55 873,893 9 50 5,050,490 50 555,125 81, 376 386,958 13 41. 6666 27 May 1,1933 Oct. 27,1933 1988 1989 1990 1991 1992 1993 1994 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ?031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 288 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. SI, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks First National Bank, Etowah, Tenn.__ Bowmanville National Bank of Chicago, Chicago, 111 First National Bank, Oneida, 111 Boonville National Bank, Boonville, Mo Hurley National Bank, Hurley, Wis First American National Bank & Trust Co., Berwyn, 111 Columbia National Bank, Columbia Heights, Minn San Bernardino National Bank, San Bernardino, Calif Jefferson Park National Bank of Chicago, Chicago, 111 National Bank of Milton, Milton, Iowa ^ Jackson Park National Bank of Chicago, Chicago, 111 Standard National Bank of Chicago, Chicago, 111 Ravenswood National Bank, Ravenswood, 111 First National Bank, Wilmette, 111 National Bank of Woodlawn of Chicago, Chicago, 111 First National Bank, Martinsville, Ind First National Bank, Mesa, Ariz Midland National Bank of Chicago, Chicago, 111 South Ashland National Bank of Chicago, Chicago, 111 Peoples National Bank & Trust Co., of Chicago, Chicago, I1L_. First National Bank, Maquoketa, Iowa First National Bank, Thompson, Iowa First National Bank, Gardner, 111 West Hollywood First National Bank, West1 Hollywood, CalifGuernsey Nationel Bank, Cambridge, Ohio First National Bank, Willoughby, Ohio* First National Bank, Spartanburg, S.C Hyde Park-Kenwood National Bank of Chicago, Chicago, 111 First National Bank, Tyndall, S.Dak First National Bank in Kerman, Calif Farmers National Bank in Vinton, Iowa First National Bank, Davidsville, Pa First National Bank, Riverside, 111 State National Bank in Terrell, Tex First National Bank, Waynesboro, Miss First National Bank in Aurora, 111 First National Bank & Trust Co., Chicago Heights, 111 National Tradesmens Bank & Trust Co., New Haven, Conn.2_. First National Bank, Burns, Oreg State National Bank, Iowa Falls, Iowa 2090 Pulaski National Bank, Pulaski, N.Y 2091 First National Bank, Jenkins, Ky 2092 Ross County National Bank, Chillicothe, Ohio 2093 Consolidated National Bank, Dubuque, Iowa 2094 Peoples National Bank & Trust Co., Sullivan, Ind 2095 Commercial National Bank, Waterloo, Iowa 2096 Clearfield National Bank, Clearfield, Pa 2097 First National Bank, Enterprise, Ala.1 2098 First National Bank, Artesia, Calif 2099 Whitley National Bank, Corbin, Ky 2100 City National Bank, Sumter, S.C.i 2101 Farmers National Bank, Wewoka, Okla 2102 First National Bank, Thomasville, Ga 2103 First National Bank, Sylacauga, Ala 2104 Producers National Bank, Tulsa, Okla.i 2105 Monroe National Bank, Monroe, N.Y 2106 Spencer National Bank, Spencer, Ind 2107 First National Bank, Leland, 111 2108 Buchanan County National Bank, Independence, Iowa 2109 First National Bank in Sioux Rapids, Iowa 2110 First National Bank, Adams, Minn Footnotes at end of table, pp. 318, 319. 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 2079 2080 2081 2082 2083 2084 2085 2086 2087 Capital stock at date of failure Date receiver appointed Dollar^ 50,000 June 21,1932 300,000 35,000 ,_do_. 200, 000 do do 50,000 do 175,000 do 25,000 100,000 June 25,1932 300,000 do 25,000 200,000 .do 300,000 do 200,000 __do 150,000 ..do do 300, 000 100,000 June 27,1932 100,000 do. do 250,000 do 200, 000 do 1,000,000 June 28,1932 50,000 do 50,000 do 25,000 do 75, 000 50,000 June 29,1932 do. 100, 000 500, 000 June 30,1932 600, 000 July 1,1932 40, 000 July 2,1932 do 25, 000 do 75, 000 25, 0.00 July 6,1932 do 50,000 do 100, 000 do 25, 000 do 200, 000 200, 000 July 7,1932 do 500, 000 do 50, 000 do 50,000 July 11,1932 75, 000 75, 000 July 12,1932 July 14,1932 150, 000 do 500, 000 July 15,1932 150, 000 400, 000 July 18,1932 do 200, 000 -do_ 100, 000 _do_ 50, 000 25, 000 .do150, 000 July 21,1932 25, 000 July 22,1932 100, 000 July 27,1932 do 50, 000 250, 000 do 50, 000 July 28,1932 50,000 July 30,1932 30,000 Aug. 1,1932 125,000 do 50, 000 do 30,000 Aug. 8,1932 REPORT OP THE COMPTROLLER OF THE CURRENCY 289 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Book value of assets at date of Progress of liquidation to date of this report failure Additional Total assets assessment Total assets received and stock upon colassessment Cash date sharelections Estimated Estimated Estimated since of failure holders from good doubtful worthless assets Dollars Dollars 265, 603 335,821 64,200 606,821 317, 753 43,098 11,706 245, 557 293, 312 44, 247 220, 717 92, 575 225, 680 357, 657 180,974 477, 319 76, 818 117, 253 78, 208 480' 937 302, 031 21, 231 57, 681 86,041 3,610 608, 846 1, 388, 977 908, 568 64, 938 59, 259 275, 802 11,922 110, 828 65,181 90, 220 861, 634 223, 328 268,336 2,089,159 92, 268 436, 017 282,406 812, 733 320,804 803,478 1,843, 228 55, 266 1, 006, 584 522, 341 528, 226 635, 413 1,908, 095 284,356 392, 202 700,917 191,305 6, 726, 552 504, 621 257, 351 155,075 195, 900 72, 536 426, 535 1, 659, 278 3,145,838 340, 676 146, 498 496, 669 149, 842 222,191 225,954 434, 243 2, 067, 710 1,151, 328 142, 686 77,906 450,804 38, 023 476, 534 1, 209, 680 162, 365 1, 668, 830 346,883 43,415 280, 735 122,172 31,240 347,970 123, 965 126,909 46,032 272,240 252,109 69.903 468,114 50,846 70, 655 144,860 304, 363 1, 403, 627 292,937 1, 088,064 3, 609,939 1,116, 310 3,929, 873 682, 503 284, 333 224, 466 145, 559 260,933 464, 300 191, 630 178, 764 254, 423 311,230 408,194 152,591 694,924 172, 529 256,435 Dollars 53,420 229,865 115,894 11,106 27, 015 781 678,874 22,859 4,503 95, 538 103, 750 9,502 166, 227 107, 652 274, 423 58, 573 153, 090 86,600 73, 753 9,278 3,124 7,865 22, 546 13,835 13,801 506, 203 795, 364 31,463 1,416 11, 442 1,110 33, 543 117, 765 394, 575 194,884 76, 630 85, 452 8 34, 555 63,950 193,433 245,176 240,981 292,375 159, 694 35, 022 2,241 80, 767 43, 230 100, 874 152,196 288, 875 55, 702 84,883 23,996 36, 727 83, 391 Dollars 48,922 139,951 13, 297 114,175 21,928 44, 728 24,480 171, 372 107,950 24,181 47,153 24,860 98,186 38,141 155,045 81, 603 42, 553 38,045 31,060 462, 075 111,851 16, 592 15, 223 10, 548 10, 663 127,059 640,480 264, 303 33, 628 22, 638 12, 043 20,193 23, 065 240,892 33, 662 64,419 74,105 42,419 26,862 122, 647 41, 790 36,896 214, 444 79, 332 223, 276 68, 781 11, 555 78, 613 77, 542 4,871 38, 822 91, 550 26,172 160, 567 18, 786 96, 966 68, 394 57, 983 3,497 19, 795 Dollars Dollars Dollars 1, 000,000 50, 000 50,000 25,000 75, 000 50,000 100, 000 500, 000 600,000 40,000 25,000 75, 000 25,000 50,000 100, 000 25, 000 200,000 200,000 686, 281 3,094, 796 204, 765 1,472, 907 683,193 1,102, 574 382, 771 1,999, 281 2, 567, 349 153,197 1, 569,992 1, 043, 526 1,061, 594 1, 347, 438 2, 651, 766 1, 217, 701 670,146 1, 259, 305 387,173 8, 743, 317 977, 781 348, 298 260,844 390, 035 150, 644 1, 276, 241 4, 694, 938 5, 714, 073 510, 705 254,811 870, 956 206, 957 407,194 665, 570 700, 890 3, 588, 338 1,843, 645 156,208 929, 211 66, 697 426,183 380, 333 112, 660 231,109 633, 078 660,132 46, 312 401, 037 167, 798 265, 488 288, 896 730, 628 277, 079 270, 862 280, 936 119,041 2,160, 510 255, 236 66, 712 89, 743 138,191 11,179 387, 621 621,150 1, 599, 714 92, 420 175, 977 178, 885 42, 287 128, 863 110, 732 110,184 1,121, 990 703, 072 50, 000 50,000 75, 000 75,000 150,000 500,000 150,000 400, 000 200, 000 100,000 50,000 25,000 150, 000 25, 000 100, 000 50, 000 250, 000 50, 000 50, 000 30, 000 125, 000 50, 000 30,000 456, 595 544, 583 2, 052, 086 482, 305 1,815, 444 5, 727, 496 1, 753,183 6, 462, 960 1, 590, 542 598, 997 668, 836 372, 514 527,811 919,322 608,019 534,041 999, 897 652, 256 862, 971 405, 771 1, 370, 017 313, 599 460, 276 143, 380 116, 585 868, 810 155, 701 811, 797 1,911,012 353, 744 2, 648, 025 295, 572 37, 301 314, 530 82, 584 38, 955 208, 984 97,818 93, 080 126, 020 299, 483 188, 243 96, 874 376, 271 34,122 62, 234 50,000 300,000 35, 000 200,000 50,000 175,000 25,000 100,000 300,000 25,000 200,000 300, 000 200, 000 150,000 300,000 100,000 100,000 250, 000 lections from stock assessment Dollars 7,292 40,495 16,033 98, 459 21, 330 24, 247 5,068 47,866 62, 403 2,640 28, 730 44, 636 22, 368 30, 510 94, 716 40, 098 36,454 67, 685 123, 569 26, 576 6,342 6,550 24,120 40, 425 78,195 239, 704 75, 481 18, 001 9, 970 25, 463 9,754 25, 421 6,534 4,382 153, 803 34,885 4,718 23,913 20, 632 40, 951 132, 258 399,963 85, 226 157, 755 103,433 4,090 12, 750 10, 450 92, 401 800 50, 234 7,535 78,611 10, 200 2,247 18, 058 59, 087 10, 465 1,167 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 2091 2092 2093 2094 2095 2096 2097 2098 2099 2100 2101 2102 2103 2104 2105 2106 2107 2108 2109 2110 290 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all Loss on assets , sources, Unpaid Offsets combalance allowed including pounded offsets alR.F.C. and setor sold lowed loan tled under and unorder of paid balcourt ance R.F.C. loan 2050 2051 205? 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 207? 2073 2074 2075 2076 2077 207S 2079 2080 2081 208? 2083 2084 2085 2086 2087 2088 2089 2090 2091 209? 2093 2094 2095 2096 2097 2098 2099 2100 2101 210? 2103 2104 2105 2106 2107 2108 2109 2110 Dollars Dollars Dollars 35,428 226,428 27,500 92,027 1,061, 733 92, 314 9,584 568,057 43,415 407, 896 6,233 150,155 13, 248 246, 202 10, 025 747,980 67, 036 916, 472 69, 043 124, 894 56,053 7,101 513, 219 31,452 52,000 220, 555 8,121 317, 973 30,117 381, 984 62, 578 918,692 93, 348 531, 241 43, 295 170, 769 320, 452 13,136 453,124 46, 703 57, 800 125, 395 6,354 72, 993 2, 357,072 323, 319 41, 507 81,878 8,824 99, 370 2,100 977 169, 501 7,190 51,604 465, 816 1,105,969 119, 500 125, 615 157, 300 211, 467 2,043,962 124,643 7,000 7,222 193,636 7,689 304,181 35, 733 56, 263 4,222 176,952 22, 668 64,100 129,157 11, 891 147, 096 32, 530 1,634, 544 222, 251 796,134 58,177 136, 500 156,149 8,051 157,881 17, 383 943, 863 54, 421 202,718 6,066 95, 337 1, 039, 392 33, 500 249, 450 2, 593, 925 558, 026 72, 400 46, 656 148, 000 388, 668 3, 342, 448 428, 424 29, 419 41, 391 357, 304 30, 024 103, 364 10, 330 135,041 3,685 246, 604 36,820 159, 380 11,328 115,317 4,600 10,102 348, 513 143, 882 345, 778 36,095 234,305 43,815 153, 700 2,500 36, 268 548, 699 51, 541 61, 800 46.169 1,582 15,800 10, 593l 89, 794 Dollars 6,700 222,062 16, 685 2,076 59,160 20,461 43, 561 100,976 274,410 31, 626 59,032 17, 577 51, 545 513, 518 34,497 53, 307 63, 784 64, 766 284, 418 50, 775 8,700 43,175 17, 767 17,685 27,432 63, 794 3,670 25, 714 3,093 5,118 22,115 16,120 25,145 72, 520 243,979 466 58, 067 244, 570 87, 308 304,196 181, 211 3,797 490, 515 29,197 117 56, 607 9,072 61 38,581 23, 378 18,491 71,140 38, 623 14, 738 60,347 5,185 Footnotes at end of table, pp. 318, 319. Disposition of proceeds of liquidation Conservators' distributions Book value of remaining uncollected assets Book value of remaining uncollected stock assessment To secured creditors To unsecured creditors Dollars Dollars Dollars Dollars 42, 708 437,945 259, 505 1,551,496 76,799 18, 967 801,233 101, 541 187, 467 28, 670 781, 205 150, 753 73, 076 19,932 1,098,191 52,134 1,263, 764 237, 597 74, 784 22, 360 905, 877 171, 270 508,575 255, 364 548, 412 177,632 794,419 119,490 1,014, 272 205, 284 762, 830 59,902 232, 841 63, 546 617,882 182, 315 197, 012 5,225,396 876,431 580, 263 23,424 214, 062 43, 658 101,949 18,450 151, 887 50,880 89,465 9,575 770, 935 21, 805 3,420, 741 260, 296 3,239, 098 524, 519 367, 393 21, 999 20, 431 15,030 578, 245 49,537 130, 330 15, 246 183,548 24, 579 426,827 93, 466 508, 031 20, 618 1,971, 577 46,197 638, 417 165,115 254,698 302, 548 809,285 158,230 454,114 2,885, 823 1,198, 986 2,535, 752 1,036, 354 461, 579 217, 675 254, 600 326, 099 648, 457 360, 292 357, 481 605, 386 195, 538 542, 290 227, 891 756, 858 227, 895 352, 264 45, 282 26, 087 54, 368 34, 049 17, 742 100, 037 64, 774 242, 245 96, 567 95, 910 37, 250 14, 550 57, 599 24,200 49, 766 42, 465 171, 389 39,800 47, 753 11,942 65, 913 39, 535 28,833 Dividends paid by receivers On secured claims On unsecured claims Dollars Dollars 28,417 144, 540 108,186 54, 709 14, 250 32, 749 28,142 13, 591 8,009 59,154 10, 746 3,225 3,331 3,025 23, 057 32, 609 46, 367 218, 759 30, 723 125, 211 98, 982 148,123 80,067 304, 428 123, 655 80,968 89, 427 67, 346 76, 580 20,020 36, 253 48, 304 33, 683 73,061 141, 534 472, 861 39, 214 46,489 124, 733 27, 012 32,484 14, 931 904, 987 236,974 54,176 514, 609 63, 017 508, 080 999,666 202, 233 91,348,411 117, 775 56, 277 17, 895 4,841 84, 480 19,437 4,009 215, 778 71, 042 17, 859 4 78, 826 53, 038 20, 661 189,594 4,990 29, 225 50,715 183, 427 6,030 16, 691 REPORT OF THE COMPTROLLER OF THE CURRENCY 291 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preferred liaCash in Receiv- hands bilities paid Cash adof vanced in Conser- ers' salexcept compprotecvators' aries, legal troller through tion of expenses and other and redividends, assets expenses ceivers including offsets allowed Dollars Dollars Dollars 3,357 201,'353 70 1, 001,485 37, 505 317, 360 604 273, 243 131 99, 549 486 180,890 1,525 328, 036 14, 573 803,834 1,910 13, 484 515 332, 783 1,449 54,101 383 106,183 651 210, 325 1,066 519, 204 4,155 337, 857 626 167, 357 2,336 340,339 12 26, 637 1, 895, 740 16,653 197,349 12,479 36, 425 118 56, 496 76 100,625 4,360 10,868 366,086 3,846 847, 959 1,819 1, 481, 430 4,240 64,005 5 122,196 354 161, 696 115 17, 765 132 128,187 82, 480 2,628 107, 671 4,229 593, 575 21, 542 7,108 419, 877 Dollars Dollars 17,337 4,381 39,359 20,819 5,306 21,086 17, 301 88,252 10, 018 16, 318 27, 949 22,171 7,060 10,360 27,312 104, 591 49,326 61,402 5,558 5,773 27,866 11, 660 20,133 46,956 24, 438 38, 578 28,174 62, 352 26,828 64, 077 24, 066 12, 288 14, 474 27,175 18, 539 4,807 10, 503 20, 909 80, 775 363, 904 13, 913 9,407 6,096 11,210 5,623 922 7,110 9,102 1,266 5,787 17, 913 4,910 37, 986 17, 517 58, 948 26, 483 8,684 1,989 5,037 16, 335 11, 659 5,978 3,461 4,562 8,479 4,777 11, 438 17, 680 13, 757 21, 439 65, 220 26,163 33, 823 65, 743 Amount of claims proved Dollars 324,894 1,142,006 85,367 577,675 271,445 454, 536 122,185 1,018, 345 774, 671 68,315 734, 677 154,993 411, 453 534, 409 1, 218,140 690, 280 230, 949 284, 308 84, 293 3,144, 067 467, 209 183,173 129, 539 121,192 51, 820 104,373 1, 965, 437 2,166, 620 333, 503 119, 203 542, 337 107,115 142, 040 120, 757 423, 629 2,183, 558 808, 684 Dividends (percent) Interest dividends (percent) Date finally closed or restored to solvency 33.3333 40 38 25 45 64 36 15 25 22 5 35 32 80 16. 6666 15 28 40 65 70 10 22.5 15 39 23 28 25 12.5 42.5 33. 3333 J u n e 15,1933 120, 459 51, 961 309, 210 111, 686 401, 217 1, 514, 794 316, 946 1,827,151 191, 993 37, 250 254, 866 65,405 39, 506 73,039 67,988 63, 945 103, 903 110, 240 133, 418 88, 876 310, 006 27, 093 55, 556 103 306 4,307 55 12, 528 8,075 12,168 8,057 851 557 115 5,655 746 11,236 606 1,712 1,044 370 930 13, 000 7,855 18, 016 9,580 22, 408 47, 873 18, 763 65, 937 25, 815 3,968 15, 795 10, 053 5,884 14, 230 7,594 9,885 10, 087 13, 626 13, 298 5,492 15, 669 6,279 7,904 22, 587 25, 994 101, 722 14,128 107, 632 19, 064 12, 009 88, 781 28, 507 173 15, 601 4,355 4,650 80, 394 5,668 16, 071 7,509 31, 712 85, 877 2,583 10, 002 12, 797 2,683 105, 424 360, 354 20 1, 372, 519 37.5 168,811 37. 6666 925, 332 55 2, 706, 422 37 1, 012, 025 20 3, 371, 028 9 40 692,181 25 213,134 246,194 199, 085 360, 320 255, 792 352,486 412, 564 379, 595 428, 684 258,912 710,112 136,170 323,952 33. 3333 10 42 22.5 28. 3333 7 52.3 50 21.25 30 7 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 1066 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 2079 2080 ?081 2082 2083 2084 2085 2086 2087 2088 2090 2091 2092 2093 2095 2096 2097 2098 2099 2100 2101 ?,10? 2103 2104 2105 2106 2107 2108 2109 2110 292 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Name and location of banks First National Bank, Northwood, Iowa Boise City National Bank, Boise, Idaho First National Bank, Gulfport, Miss.1 First National Bank, Eldora, Iowa First National Bank, Ackley, Iowa First National Bank, Milton, N.Dak First National Bank, Aurora, 111.1 First National Bank, Mount Olive, 111.1 First National Bank & Trust Co., in Pontiac, Mich.1. National Bank of Unionville, Unionville, Mo First National Bank, Sevierville, Tenn First National Bank, Silverton, Oreg First National Bank, Indianola, Iowa__ First National Bank, Lawrenceville, 111 Twin City National Bank, Bluefield, Va First National Bank, George West, Tex First National Bank, Marengo, 111 Broadway National Bank of Chicago, Chicago, HI.1. Citizens National Bank, Indiana, Pa Parma National Bank, Parma, Idaho First National Bank, Northboro, Iowa First National Bank, Yukon, Pa Ashland National Bank, Ashland, Ky.1 1 American National Bank, Gillespie, 111. Springfield National Bank, Springfield, Pa First National Bank, Cairnbrook, Pa First National Bank, Wendell, Minn First National Bank, Peetz, Colo___ First National Bank, Emporium, Pa First National Bank, Frazee, Minn First National Bank, Letcher, S.Dak 1 Central National Bank, Decatur, Ala. Brown National Bank, Jackson, Minn Citizens National Bank, Wessington, S.Dak First National Bank, Vincennes, Ind Andalusia National Bank, Andalusia, Ala Liberty National Bank, Dickson City, Pa First National Bank, Lewisville, Ind First National Bank, Mazon, Ill_. First National Bank, Egan, S.Dak First National Bank, Story City, Iowa First National Bank, Wyoming*, Iowa i 1 First National Bank, Gormania, W.Va. First National Bank in Greensburg, Kans First National Bank, Scappoose, Oreg Homer City National Bank, Homer City, Pa First National Bank, Reynolds, Ga First National Bank, Palestine, 111 First National Bank, La Grande, Oreg.3 First National Bank, Springfield, Oreg Masontown National Bank, Masontown, Pa.1 First National Bank, Portsmouth, Va.1 United States National Bank, Deer Lodge, Mont__. 1 McDowell County National Bank, Welch, W.Va. . Schmelz National Bank, Newport News, Va.1 National Citizens Bank, Lake Benton, Minn First National Bank, Crosby, N.Dak First National Bank, Flandreau, S.Dak First National Bank, St. Francis, Kans Farmers National Bank, Gonzales, Tex Diamond National Bank, Pittsburgh, Pa Footnotes at end of table, pp. 318, 319. 2111 2112 2113 2114 2115 2116 2117 2118 2119 2120 2121 2122 2123 2124 2125 2126 2127 2128 2129 2130 2131 2132 2133 2134 2135 2136 2137 2138 2139 2140 2141 2142 2143 2144 2145 2146 2147 2148 2149 2150 2151 2152 2153 2154 2155 2156 2157 2158 2159 2160 2161 -2162 2163 2164 2165 2166 2167 2168 2169 2170 2171 Capital stock at date of failure Dollars 50,000 375,000 400,000 50, 000 50,000 25, 000 300, 000 70, 000 600, 000 40,000 60,000 35,000 50,000 100,000 50, 000 50, 000 50, 000 200, 000 50, 000 25,000 25, 000 30,000 800, 000 50, 000 50, 000 25,000 50, 000 25, 000 200, 000 30,000 25, 000 200,000 40,000 30,000 200,000 200,000 100, 000 35, 000 50, 000 25,000 75,000 50,000 25, 000 40, 000 25, 000 50,000 25,000 25, 000 125, 000 25,000 100, 000 300,000 100,000 250,000 400,000 25,000 25,000 40, 000 25,000 100, 000 600, 000 Date receiver appointed Aug. • 8,1932 Aug. 9,1932 do_ Aug. 10,1932 do Aug. 11,1932 Aug. 12,1932 do do Aug. 13,1932 do Aug. 15,1932 Aug. 20,1932 Aug. 22,1932 do Aug. 24,1932 Aug. 29,1932 Sept. 7,1932 Sept. 12,1932 do Sept. 16,1932 Sept. 20,1932 Sept. 22,1932 do do. Sept. 23,1932 do Sept. 24,1932 do Sept. 26,1932 Sept. 27,1932 Oct. 1,1932 Oct. 3,1932 do do Oct. 5,1932 Oct. 6,1932 Oct. 8,1932 do Oct. 10,1932 .do. Oct. 11,1932 do Oct. 12,1932 Oct. 18,1932 .do Oct. 20,1932 do Oct. 22,1932 .do. Oct. 24,1932 do . Oct. 25,1932 .do Oct. 27,1932 Oct. 28,1932 Nov. 1,1932 Nov. 3,1932 do Nov. 4,1932 Nov. 14,1932 REPORT OF THE COMPTROLLER OF THE CURRENCY 293 1983, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Progress of liquidation to date of this report Book value of assets at date of failure Estimated good Estimated doubtful Estimated worthless Total Additional assets assessment received upon sharesince date holders of failure Total assets and stock assessment Cash collections from assets Cash collections from stock assessment Dollars 66,934 1,539,386 155, 202 178,309 53,678 6,739 11,056 200 2,121,421 46,786 113,344 101,431 122, 020 130, 094 78,637 58,150 68, 667 Dollars 193,613 886,087 1,843,020 314,474 377,937 77,942 201, 536 196,850 4,023,021 96, 572 155, 528 167, 693 384, 855 564, 870 90,913 191,640 505,930 Dollars 28,066 616, 544 809, 517 29,119 79, 749 10,860 845, 904 3,151 381,190 6,817 63, 387 40, 720 8,526 107, 030 23, 284 60, 008 191, 888 Dollars 19,693 404,008 30, 690 64, 077 80, 643 3,092 11,363 7,622 337, 434 18,789 6,100 18, 696 24,925 39, 480 1,626 26,141 18,452 Dollars 50,000 375,000 400,000 50,000 50,000 25,000 300,000 70,000 600,000 40,000 60,000 35, 000 50, 000 100, 000 50,000 50, 000 50, 000 Dollars 358,306 3,821,025 3, 238, 429 635, 979 642, 007 123, 633 1,369,859 277, 823 7, 463,066 208, 964 398, 359 363, 540 590, 326 941, 474 244, 460 385, 939 834,937 Dollars 59,949 1,092, 380 293, 276 235,191 214,146 9,215 50,379 17, 227 1, 428, 795 60, 637 74, 779 95,137 280, 564 246, 587 37, 842 100, 560 261, 870 Dollars 16, 238 27,311 219,553 18, 233 5,708 1,500 68,123 33,412 117,038 18, 643 31, 762 3,895 24, 475 21, 374 4,852 299 8,500 156,328 64,176 41, 284 19,981 3,612 704 50, 557 26, 804 32, 606 28,658 206, 265 78, 455 27,106 7,672 35, 867 58, 486 160, 603 130, 032 145, 749 165, 955 46,170 33 368 170[ 923 2,344 60,918 10, 843 47,103 1,334 475,155 75,168 18, 001 77, 282 2,622 23, 368 7,994 254,105 1,382 3,855 17,188 5,024 2,468 240,835 6,134 15,128 4,697 6,634 13, 078 127, 885 74,311 4, 553 7,881 18, 472 7,684 24, 712 1,802 3,846 20, 024 10, 886 77, 033 11, 209 6,341 50, 000 25, 000 25, 000 30, 000 800, 000 50, 000 50, 000 25 000 50, 000 25, 000 200, 000 30, 000 25, 000 200, 000 40, 000 30, 000 200, 000 200, 000 100,000 35,000 50,000 25, 000 75, 000 50,000 25, 000 40, 000 25,000 50,000 25, 000 25, 000 986,105 185,376 234,403 183,477 1,923,151 198, 398 234, 667 354, 522 224,170 135, 264 2, 030, 779 415, 535 167, 242 728, 474 303, 475 288, 412 1,936, 825 1, 821, 978 631, 700 396, 862 236, 301 206, 999 663, 725 112, 649 68, 751 371,941 205, 238 652, 498 181, 833 288, 523 210,941 54,124 46, 313 44, 691 30, 231 7,939 38, 973 154, 392 61, 823 40, 614 341, 519 149, 421 33, 755 18, 293 85, 225 34, 283 544,434 166, 492 109,821 69, 448 44, 851 29, 717 153, 243 8,451 8,943 101, 838 22, 676 109, 773 17,309 43,104 2,875 4,041 3,000 109 283, 260 6,198 3,564 17, 297 16, 241 107,854 33, 682 122, 878 27,142 51, 232 641, 577 82, 735 97, 648 124,168 390, 279 71,144 112, 254 285, 530 105, 342 70, 573 1, 093, 224 285, 646 88,927 269, 840 193, 410 167, 993 957, 864 947, 336 321, 802 139,143 108, 258 96, 730 373, 854 27, 376 39,905 188, 283 112, 056 399, 314 92, 055 163, 809 40,387 64,542 7,160 112, 254 362,972 32,864 221,667 465,372 27, 718 30,876 109, 686 88,499 148,986 2,948, 789 180, 075 108, 887 276, 616 231,042 401, 543 8, 739, 428 49,586 26,144 34, 388 236 65, 781 1, 728, 560 11,898 7 610 100, 336 58,105 2,950 5,731 1,195 65,386 13, 858 32, 498 799, 225 25,000 100, 000 300, 000 100,000 250,000 400, 000 25, 000 25, 000 40,000 25, 000 100,000 600,000 148, 987 100, 007 300,610 897, 229 806, 341 402,950 288,110 192,102 526, 076 358, 635 748, 808 14, 816, 002 54,365 7 610 228, 675 27,106 2^950 80,999 6,430 147, 630 160,164 223,473 5,056, 271 7,150 1, 550 53* 64C 16,931 184, 675 266,905 1,925 100 7,706 13, 285 50,087 323,896 31,198 8,565 290,455 15, 300 11, 081 246, 265 27, 564 18, 855 490, 473 470, 299 59, 596 48, 883 13, 401 44, 217 19, 236 31,127 15, 780 23, 614 3,273 26, 427 42,141 36, 461 6,900 50 43, 015 22, 286 1,500 102, 233 3,400 11, 777 12, 700 15, 604 500 10,969 13,330 16,182 6,124 4,300 23, 087 4,550 11,119 2111 2112 2113 2114 2115 2116 2117 2118 2119 2120 2121 2122 2123 2124 2125 2126 2127 2128 2129 2130 2131 2132 2133 2134 2135 2136 2137 2138 2139 2140 2141 2142 2143 2144 2145 2146 2147 2148 2149 2150 2151 2152 2153 2154 2155 2156 2157 2158 2159 2160 2161 2162 2163 2164 2165 2166 2167 2168 2169 2170 2171 294 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31, total assets at date of failure and additional assets acquired subsequent thereto, offsets allowed together with the disposition of such collections, and various other Progress of liquidation to date of this report—Continued Total collections from all sources, Unpaid Offsets including balance allowed offsets alR.F.C. and set- lowed tled loan and unpaid balance R.F.C. loan 2111 2112 2113 2114 2115 2116 2117 2118 2119 ?,\?,0 2121 2122 2123 2124 ?1?,5 2126 2127 2128 2129 2130 2131 213? 2133 2134 2135 2136 ?,137 2138 2139 2140 2141 2142 2143 2144 2145 2146 2147 2148 2149 2150 2151 2152 2153 2154 2155 2156 2157 2158 2159 2160 2161 216? 2163 2164 2165 2166 2167 2168 2169 2170 2171 Loss on Book assets value of Book comvalue of remainpounded remaining ing un- To se- To unor sold uncollected collected under stock as- cured secured assets crediorder of sessment creditors tors court Dollars 10,835 90,912 1,572 32,316 82, 890 246, 545 61, 357 51,557 49, 382 315,921 14,146 49, 633 173,092 78, 382 40, 955 406, 229 169, 923 35, 526 66, 560 128, 667 36,337 793,141 187, 504 132, 784 91,054 65, 840 31, 986 203, 214 21, 781 25,125 123, 489 31,489 165, 826 22,972 78,404 59,461 3,700 28, 500 3,400 22, 200 22, 729 3,192 2,244 4,582 2,430 7,096 1,403 318 341 28, 249 13, 602 1, 721 5,252 21,156 554 146,474 17, 612 11,186 8,906 1,685 1,769 10, 502 12,127 4,513 32, 966 1,113 1,981 5,733 14, 826 7,800 7,712 391 14,883 5,171 6,340 781, 230 67, 248 1,557 54, 250 260,432 211, 781 269,855 90, 636 6,921 178,019 178, 620 279, 900 6,161,397 Dividends paid by receivers Conservators' distributions Dollars Dollars Dollars 87,015 5,000 5,828 137,367 1,257,058 512, 829 11,392 264,816 5,675 225, 529 535 11, 250 118, 502 51,427 788 1,545,833 85, 753 6,473 119,955 13,414 103, 577 4,545 339, 944 29, 205 5,700 289, 272 21,311 43, 831 1,137 119, 701 18,842 296,414 21, 644 4,400 10,000 Disposition of proceeds of liquidation 17, 995 5,369 246 15,027 42, 615 50, 832 9,648 1,091 84, 570 Dollars Dollars Dollars Dollars 231,694 33,762 2,125, 366 347, 689 2, 543, 581 180,447 307,080 31, 767 289, 296 44, 292 88,883 23,500 1,001, 485 231, 877 184,439 36, 588 5,434, 271 482,962 101, 854 21,357 249,920 28, 238 213, 831 31,105 187,942 25, 525 522, 744 78, 626 145,833 45,148 215,446 49, 701 416, 853 41, 500 55,085 150 3,641 642, 974 103, 060 143, 805 83,167 1,090, 490 129,843 109,412 136,997 107, 067 69, 309 1,242,400 189, 237 106, 679 504,929 142, 594 223, 575 960, 720 1,434, 337 410, 693 270,340 119,113 150, 513 410,926 54,198 34, 748 217, 256 153, 049 404, 674 138, 261 214, 797 47, 123 20, 959 22,000 29, 891 516, 740 43,802 46,436 7,703 33, 759 25,000 163, 539 23,100 24, 950 156, 985 17, 714 28, 500 97, 767 196, 600 88, 223 22,300 34, 396 24,500 64,031 36, 670 8,818 33,876 20,700 26,913 20, 450 13,881 5,253 58, 636 45, 622 529, 235 508,106 7,522 2,909 24,742 57, 521 37,011 905,199 166, 877 157, 372 298,821 110, 779 381,984 7,473,302 17, 850 98, 450 246, 360 83,069 65, 325 133,095 23, 075 24, 900 32, 294 11,715 49,913 276,104 17,041 21,037 10, 607 29,186 36, 730 4,962 218, 611 33, 275 87 14,500 85,197 3,537 13,168 20, 652 14,054 60 720 Footnotes at end of table, p. 318, 319. On secured claims On unsecured claims Dollars 27,589 253,236 Dollars 16,914 209,109 ~~~154~194 96, 253 41,876 29, 858 80,308 75 ~"~36,~645 50, 542 22,066 126, 630 74, 349 6,628 1,697 2,773 2,762 148, 695 9,347 4,894 63, 920 8,136 263, 244 1,122 7,469 8,650 53,236 9,038 171,332 51, 702 30,456 11,427 18, 362 6,762 73, 775 9,401 2,569 21,196 19, 248 77, 247 10,185 11 445 7,911 13, 265 10, 704 4,601 44, 398 37, 606 18,170 39, 559 36, 279 401 28, 626 37, 857 265,012 9 8,533 57, 470 65, 445 16, 636 45,417 289,116 9 3,134,161 295 KEPOKT OF THE COMPTROLLER OF THE CURRENCY 1933, dates of appointment of receivers and final closing, with nominal amounts of capital stock and stock assessments, amounts collected from all sources including data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued Disposition of proceeds of liquidation—Continued Secured and preCash in Receivferred lia- Cash adbilities paid vanced in Conser- ers' sal- hands of comparies, except vators' legal and protectroller through tion of expenses and reother dividends, assets expenses ceivers including offsets allowed Dollars Dollars Dollars 3,123 42, 986 1,149 842, 766 4,098 282, 921 90, 312 485 98, 382 8,406 95 12, 062 15,857 17, 744 1,427, 464 25,867 40, 617 171 55,196 71 195,955 2,704 182, 674 10, 774 27,805 858 76, 770 23 123,125 1,478 153,209 41, 544 35,106 44,068 22,931 5,732 31, 652 80, 554 49, 549 37, 542 184,773 75, 355 26, 009 21,493 88,162 30,121 629,195 137,457 86, 614 42,124 36,718 27, 390 108,995 8,318 8,820 91, 589 17, 543 77,163 11,409 34,790 319 3 19 20 2,002 2,327 47 787 529 739 66 42 942 2,884 823 1,518 134 28 508 41 343 1,876 352 Amount of claims proved Dividends (percent) Dollars Dollars 5,808 7,509 107,193 35,800 10, 878 5,823 9,981 10, 329 22, 055 8,354 263 2,486 40,102 8,530 1,025 2,800 35, 336 2,725 17,838 5,403 16, 780 9,072 13,905 9,577 4,522 10,133 12,483 8,992 2,496 4,347 33, 802 9,106 7,805 15, 311 Dollars 185,180 1, 623, 058 2,182, 565 328, 096 370, 378 42, 488 571,194 199, 053 5, 353,