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SEVENTY-THIRD ANNUAL REPORT
OF THE
Comptroller of the Currency
FOR THE YEAR ENDED
OCTOBER 31, 1935
UNITED STATES
GOVERNMENT PRINTING OFFICE
W A S H I N G T O N : 1936
F o r s a l e b y t h e S u p e r i n t e n d e n t of D o c u m e n t s . W a s h i n g t o n , D . C . - - - - - - - - - -
- Price $1.50 (cloth)
TREASURY DEPARTMENT
Document No. 3076
Comptroller of the Currency
CONTENTS
Page
Submission of the report
1
Activities of the Bureau:
Receivership liquidation
1, 2
Real estate of receiverships
2, 3
Chart showing proportions of liquidation expense to total collections
for various periods and groups of banks
3
Costs of receivership liquidation
3, 4
Bank failures 1912-35
4, 5
Chart showing actual failures for which receivers were appointed
1912-35
_..
5
Chart showing receiverships closed 1912-35
6
Receiverships closed in 1935 and in the 24 years 1912-35
7
Federal Deposit Insurance Corporation
7
National bank note circulation
_
8
Pension plan for national bank examiners
8
Present banking situation
9, 10
Code of ethics for bankers
ID
Legal department
10, 11
Suggestions for legislation
11-13
National banks in the trust field:
Statement relative to
14, 15
Fiduciary activities of, during year ended June 30, 1935, segregated
according to capital
16, 17
Fiduciary activities of, during year ended June 30, 1935, segregated
according to population of places in which banks were located
17-20
Fiduciary activities of, by Federal Reserve districts, June 30, 1935__ 20, 21
Classification of investments in living and court trust accounts under
administration by the active national-bank trust departments, on
June 30, 1935, segregated according to capital of banks and population of places in which banks were located
21, 22
Classification of investments in living and court trust accounts under
administration by the active national-bank branches with trust
departments on June 30, 1935, segregated according to population
of places in which branches were located
22
Fiduciary activities of branches of national banks during year ended
June 30, 1935, segregated according to population of places in
which branches were located
23, 24
National-bank failures:
Statement relative to
25-28
Receiverships, year ended October 31, 1935
28, 29
Receiverships, 1865-1935
29, 30
Active receiverships as of October 31, 1935
30, 31
Receiverships terminated, year ended October 31, 1935
31, 32
Receiverships terminated, 1865-1935
32-34
Total liquidation operations, year ended October 31, 1935
34
Summary showing progress and results of liquidation of all national
banks placed in charge of receivers from 1865 to October 31, 1935,
35
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, 1935
36-39
Proportion of liquidation expense to total collections for various
periods and groups of banks
40
State bank failures in the District of Columbia:
Receiverships, year ended October 31, 1935
40
Active receiverships as of October 31, 1935
-— 40, 41
m
IV
CONTENTS
Unlicensed national banks:
Status as of March 16, 1933
Administration of unlicensed national banks, November 1, 1934, to
October 31, 1935
.
Administration of unlicensed national banks March, 16, 1933, to
October 31, 1935
Organization and liquidation of national banks, year ended October 31,
1935, 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, 1935
Number and kind of branches authorized and closed during year
ended October 31, 1935
Number and manner of acquisition of domestic branches during year
ended October 31, 1935, by States
Number and class of domestic branches closed during year ended
October 31, 1935, 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, 1935
.
Bond transactions relative to, year ended October 31, 1935
Banks issuing and not issuing circulation, December 31, 1934
Redemption of national and Federal Reserve bank circulation, year ended
June 30, 1935
Condition of national banks at date of each call during year ended October 31, 1935
Principal items of assets and liabilities of national banks, November 1,
1935
National-bank liabilities on account of bills payable and rediscounts at
date of each call during year ended October 31, 1935
Loans and discounts of national banks:
Classification of, June 30, 1933 and 1934, and June 29, 1935
Classification of, by reserve cities and States, June 29, 1935
Comparative statement of, as of June 30, 1933 and 1934, and June 29,
1935, in central reserve and other reserve cities, all reserve cities
and elsewhere
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, 1931
United States Government securities and securities guaranteed by United
States as to interest and/or principal, reported by national banks:
Classification of, by reserve cities and States, June 29,1935
Investments of national banks:
Comparison of, June 30, 1933 and 1934, and June 29, 1935
United States Government, domestic and foreign bonds, securities, etc.,
held by national banks:
Classification of, by reserve cities and States, June 29, 1935
Earnings and dividends of national banks:
Comparison of, years ended June 30, 1934 and 1935
Abstracts of reports of—
By reserve cities and States, year ended June 30, 1935
By Federal Reserve districts, year ended June 30, 1935
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 1935
Number of national banks, capital, surplus, net addition to profits, dividends, and percentage ratios, years ended June 30, 1914 to 1935
National banks classified according to capital stock, December 31, 1934:
Number, loans and discounts, investments, total assets, capital,
surplus and undivided profits, circulation outstanding and total deposits of
Page
41
42, 43
44, 45
46-48
48
49
49
50, 51
51, 52
53
53-55
55, 56
56
56, 57
57-59
60,61
62
63
64-67
68
68
69-72
73
74-78
79, 80
81-91
92-94
95
96
97
CONTENTS
V
Federal Reserve banks:
Yiige
Assets and liabilities of the 12 Federal Reserve banks combined, as of
the last weekly statement date in October 1933 to October 1935
97
Principal assets and liabilities of the 12 Federal Reserve banks combined, on the last weekly statement date in each month, from
January 1933 to October 1935_
98
New York Clearing House:
Statement relative to transactions of, year ended September 30,1935- _
98
Clearing-house associations in the 12 Federal Reserve bank cities and
elsewhere:
Statement relative to transactions of, year ended September 30, 1935 _
99
All active banks, June 29, 1935:
Summary of reports of condition of, by classes of banks
100-102
Assets and liabilities of, by States
_•__,
103-113*Assets and liabilities of, June 30, 1931 to 1934,'and June 29, 1935..114
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
.
114
Per capita demand and time and sayings deposits, by States
115
Savings deposits and depositors, according to classes of banks, by
States
116-121
National banks, assets and liabilities of, June 30, 1931 to 1934, and June
29, 1935
122
Banks other than national:
List of officials of State banking departments and number of each class
of banks under their supervision in June 1935, from which reports
of condition were received
123-125
Assets and liabilities of, June 30, 1931 to 1934, and June 29, 1935___
126
State (commercial), assets and liabilities of, June 30, 1931 to 1934, and
June 29, 1935
.
127
Loan and trust companies, assets and liabilities of, June 30, 1931 to
1934, and June 29, 1935
128
Stock savings:
Assets and liabilities of, June 30, 1931 to 1934, and June 29, 1935.
129
Number of savings depositors, amount of savings deposits, and
average deposit account, by States, June 30, 1934, and June
29, 1935
130
Mutual savings:
Assets and liabilities of, June 30, 1931 to 1934, and June 29, 1935131
Number of savings depositors, amount of savings deposits, and
average deposit account, by States, June 30, 1934, and June
29, 1935
132
Stock and mutual savings, number of savings depositors, amount of
savings deposits, and average amount due each depositor, June 30,
1914 to 1935
133
Private:
Assets and liabilities of, June 30, 1931 to 1934, and June 29,
1935
134
Statement relative to, not under State supervision, and required
under section 21 (a) of the Banking Act of 1933 to report to
Comptroller
134, 135
Banks in the District of Columbia:
Assets and liabilities of, by classes, June 29,1935
135-138
Assets and liabilities of national banks in, June 30, 1931 to 1934, and
June 29, 1935
138
Assets and liabilities of loan and trust companies in, June 30, 1931
to 1934, and June 29, 1935
139
Assets and liabilities of savings and State banks in, June 30, 1931
to 1934, and June 29, 1935
140
Earnings and dividends of, other than national, 6-month periods
ended December 31, 1934, and June 30, 1935, and comparison of,
in years ended June 30, 1934 and 1935
141, 142
Building and loan associations in the District of Columbia:
Statement relative to
142
Number of, loans, installments on shares, and total assets, years
ended June 30, 1914 to 1935
143
Credit unions in the District of Columbia, list of
143, 144
VI
CONTENTS
Banks in the District of Columbia—Continued.
Export-import banks in—
Assets and liabilities of, November 1, 1935
145
Assets and liabilities of, June 30, 1934, and June 29, 1935
145
Building and loan associations in the United States:
Statistics relative to, by States, year ended 1934
146
Number, membership, total assets, and mortgage loans of, on or
about December 31, 1914 to 1934
147
Mortgage loan investments held by, in 1933 and 1934, by States.- 147, 148
Failures of, each year, 1920 to 1934
148
Money in the United States:
Stock of, years ended June 30, 1914 to 1935
149
Imports and exports of merchandise, gold and silver, calendar years
1914 to 1934, and from January 1, to September 30, 1935
149, 150
Governmental corporations and credit agencies of the United States,
consolidated statement of assets and liabilities of, September 30,1935- 151-153
Reconstruction Finance Corporation:
Statement of condition of, September 30, 1935
154-158
Loans made by, to aid in the reorganization or liquidation of closed
banks and trust companies from February 2, 1932, to September
30, 1935, by States
159, 160
Farm Credit Administration:
Consolidated statement of condition of, September 30, 1935
161, 162
Federal land banks, consolidated statement of condition of, September 30, 1935
162, 163
Federal Farm Mortgage Corporation, statement of condition of, September 30, 1935
163
Federal intermediate credit banks, consolidated statement of condition of, September 30, 1935
„,...- — 163,164
Joint-stock land banks, statement relative to
164
Federal Home Loan Bank System:
Consolidated statement of assets and liabilities of, September 30,
1935
_ - . 165, 166
Home Owners' Loan Corporation, summary of operations of, from date
of organization to close of business September 30, 1935
166, 167
Federal Deposit Insurance Corporation:
Consolidated comparative balance sheet, temporary funds, June 30,
1935 and 1934
167
Consolidated statement of income in excess of operating expenses
and deposit-insurance losses and expenses, by periods, from September 11, 1933, to June 30, 1935
168
Condition of insured banks, by classes, June 29, 1935
168, 169
Pacific National Agricultural Credit Corporation, statement of assets and
liabilities of, November 1, 1935_
_
170
United States Postal Savings System:
Statistics relative to activities of, years ended June 30,1934 and 1935_ 170-175
School-savings banking:
Statistics relative to, in each State, in school years 1933-34 and
1934-35, and summary each school year since 1919-20
176, 177
Expenses of the Currency Bureau:
Summary of, in the fiscal year ended June 30, 1935
177, 178
APPENDIX
TABLES
Page
No. 1. Comptrollers and Deputy Comptrollers of the Currency
181
No. 2. Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, October 31, 1935
181-183
No. 3. Number of national banks organized since February 25, 1863,
number passed out of the system, and number in existence
October 31, 1935
183
No. 4. Authorized capital stock of national banks on the 1st day of each
month from January 1, 1931, to November 1, 1935, 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
183, 184
No. 5 National banks reported in liquidation from November 1, 1934, to
October 31, 1935, the names, where known, of succeeding banks
in cases of succession, with date of liquidation and capital.. 184-189
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, in the year ended October
31, 1935, as shown by their last reports prior to consolidation. 190, 191
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, 1935
192
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, 1935
193
No. 9. Number and capital of State banks converted into national banking associations in each State and Territory from 1863 to
October 31, 1935
194
No. 10. Conversions of State banks and primary organizations as national
banks from March 14, 1900, to October 31, 1935
194
No. 11. Number of national banks increasing their capital, together with
the amount of increase monthly for years ended October 31,
since 1930
195
No. 12. Number and authorized capital of national banks chartered and
the number and capital stock of banks closed in each year ended
October 31, since 1913, with the yearly increase or decrease. _ 196
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 31,1935. 196, 197
No. 14. Changes of corporate title of national banks, year ended October
31, 1935
198
No. 15. Changes of corporate title incident to consolidations of national
banks and of State banks with national banks, year ended
October 31, 1935
198
No. 16. National banks chartered during year ended October 31,1935. 198-200
No. 17. National banks for which increase of capital has been authorized,
under act March 9, 1933, as amended, by the issuance of preferred stock which was purchased by the Reconstruction
Finance Corporation unless otherwise noted, together with
the amount of increase and the rate of dividend, etc., during
the year ended October 31, 1935200-213
No. 18. National banks chartered which are conversions of State banks
during year ended October 31, 1935
213
vn
CONTENTS
Fage
No. 19. National banks, by States and geographical divisions, organized,
failed, and reported in voluntary liquidation during year ended
October 31, 1935
214-216
No. 20. Number and classification of national banks chartered monthly
during year ended October 31, 1935
217
No. 21. Principal items of assets and liabilities of licensed national banks,
classified according to capital stock, December 31, 1934
217-225
No. 22. United States bonds on deposit to secure circulating notes of
national banks on October 31, 1910 to 1935
226, 227
No. 23. Investment value of United States bonds-—Panama Canal bonds
and 2's of 1930
228
No. 24. United States bonds-—Monthly range of prices in New York,
November 1934 to July 1935
228
No. 25. Number, capital stock, and circulation outstanding of national
banks issuing circulating notes, together with the number and
capital stock of national banks not issuing circulating notes,
December 31, 1934, by Reserve cities and States
229, 230
No. 26. National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October 31, each year, 1931 to
1935
231, 232
No. 27. National-bank currency issued to banks monthly from November
1, 1934, to October 31, 1935, and since 1863
233
No. 28. National-bank notes received monthly for redemption during
year ended October 31, 1935
233
No. 29. National-bank notes received at Currency Bureau and destroyed
since establishment of System
234
No. 30. National-bank notes issued during each year 1914-35, nationalbank notes of active, insolvent, and liquidated banks destroyed,
total destructions for each year, and percentage of destructions to issues
234
No. 31. Amount, denomination, and cost of national-bank currency received from Bureau of Engraving and Printing, year ended
October 31, 1935
235
No. 32. Vault account of currency received and issued by Currency
Bureau during year, and the amount on hand October 31, 1935_ 235
No. 33. Vault account of currency received and destroyed during vear
ended October 31, 1935
235
No. 34. Amount of currency received for redemption, by months, from
July 1, 1934, to June 30, 1935, and counted into the cash of
the National Bank Redemption Agency
235
No. 35. Amount of currency received by the National Bank Redemption
Agency for redemption in year ended June 30, 1935, from principal cities
236
No. 36. Cost of redemption of national-bank notes during year ended
June 30, 1935
236
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, 1935
236,237
No. 38. Taxes assessed on national-bank circulation, years ended June 30,
1864-1935; cost of redemption, 1874-1935; and assessments
for cost of plates, etc., 1883-1935
237
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 7, 1934, to October 30, 1935
238
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, 1935
239-241
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, 1935.
242
CONTENTS
IX
Page
No. 41-A. Aggregate amount of Federal Reserve bank notes, series 1929,
printed, shipped, and on hand; issued, retired, and outstanding;
received for destruction by denominations, during period
November 1, 1934, to October 31, 1935, under the terms of
section 18, Federal Reserve Act, as amended March 9, 1933- 242, 243
No. 42. National banks in charge of receivers during year ended October
31, 1935, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends
paid while solvent, lawful money deposited with Treasurer of
the United States to redeem circulation to October 31, 1935,
circulation outstanding, borrowed money, and total deposits at
date of failure
244-284
No. 42-A. District of Columbia State chartered banks and banks incorporated under the laws of the District of Columbia, under the
supervision of the Comptroller of the Currency, in charge of
receivers during the year ended October 31, 1935, dates of
organization and appointment of receivers, capital at date of
organization and at date of failure, dividends paid while solvent, borrowed money and total deposits at date of failure
285
No. 43. National banks in charge of receivers during year ended October 31,
1935, 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 and earnings, together with the disposition
of such collections, and various other data indicating the
progress or results of liquidation to October 31, 1935
286-405
No. 43-A. District of Columbia State chartered banks and banks incorporated under the laws of the District of Columbia, under the
supervision of the Comptroller of the Currency, in charge of
receivers during year ended October 31, 1935, 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
and earnings, together with the disposition of such collections,
and various other data indicating the progress or results of
liquidation to October 31, 1935
406,407
No. 44. National banks restored to solvency after having been placed in
charge of receivers
408-410
No. 45. National banks restored to solvency which subsequently became
insolvent
410
No. 46. Dividends paid to creditors of insolvent national banks under the
supervision of the Comptroller of the Currency, including distributions by conservators as reported by receivers, during year
ended October 31, 1935
411-438
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,
1935, 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
439-443
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,
1935, 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
444-447
No. 49. National banks unlicensed as of March 16, 1933, subsequently
placed in charge of conservators and remaining in charge of
conservators as of November 1, 1934, dates of and capital at
organization, capital, assets, deposits, and borrowed money as
indicated by conservators' first reports, dates of appointments
of receivers and conservators, and of licenses issued to resume
business, including data as to banks otherwise in liquidation,
and amounts of deposits released through reorganizations and
' \ of assets to October 31, 1935
448-450
CONTENTS
No. 50. Dates of reports of condition of national banks from 1914 to 1935_ 451
No. 51. 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 & Savings Association, San Francisco, Calif., on June 29, 1935
452-457
No. 52. Number, capital stock, circulation outstanding, and total assets
of national banks at date of each report from April 6, 1925, to
June 29, 1935, together with the total amount of money in the
United States on June 30 of each year, and the percentage of
national bank circulation to capital, to assets, and to money in
the country
458
No. 53. Abstract of reports of condition of national banks in the central
Reserve cities of New York and Chicago, in other Reserve cities,
and elsewhere, at close of business November 1, 1935
459, 460
No. 54. Abstract of reports of condition of national banks in central Reserve and other Reserve cities and country banks June 29,1935. 460,461
No. 55. Balances with other banks and amounts "due to" banks reported
by national banks, June 29, 1935
462-465
No. 56. Classification of demand and time deposits of national banks, June
29, 1935
466-469
No. 57. Classification of bills payable and rediscounts of national banks,
June 29, 1935
470-472
No. 58* Classification of cash in vaults of national banks, June 29, 1935- 473, 474
No. 59. Gold and silver coin, certificates, legal tenders, and other currency
held by national banks at date of each call from April 6,1925, to
June 29, 1935
475
No. 60. Gold, etc., held by national banks in the central Reserve city of
New York at date of each call from April 6, 1925, to June 29,
1935
— 476
No. 61. Reserve computation of national banks, June 29, 1935
477-480
No. 62. Total assets and liabilities of national banks from March 1931 to
June 1935
481-486
No. 63. Total assets and liabilities of private banks not under State supervision from June 30, 1934, to June 29, 1935
487
No. 64. Abstract of reports of condition of national banks, according to
Reserve cities and States, at daleof each call during year
ended October 31, 1935
489-603
No. 65. Abstract of reports of condition of private banks not under State
supervision at date of each call during year ended October 31,
1935, by States
604-614
No. 66. Abstract of reports of condition of national banks in each Federal
Reserve district, June 29, 1935
-.1
615-617
No. 67. Abstract of reports of earnings and dividends of national banks
for the period of 6 months ended December 31,1934, by Reserve
cities and States
618-628
No. 68. Abstract of reports of earnings and dividends of national banks,
by Federal Reserve districts, for the period of 6Trnohtlis ended
December 31, 1934
629-631
No. 69. Abstract of reports of earnings and dividends of national franks
for the period of 6 months ended June 30, 1935, by Reserve
cities and States
632-643
No. 70. Abstract of reports of earnings and dividends of national banjos,
by Federal Reserve districts, for the period of 6TSonths""ended
June 30, 1935
644-646
No. 71. Abstract of reports of earnings and dividends of nationalJaaaks,
by size of banks, for the period of 6 months enHecTDecember
31, 1934, by geographical sections
647-659
No. 72. Abstract of reports of earnings and dividends of nojimemberjia-^
tiojiaLbanks, by size of banks, for the period of 6 monTKs ended
December 31,1934
.
660,661
No. 73. Abstract of reports of earnings and dividends of natiQnal.banks,
by size of banks, for the period of 6 months ended December
31, 1934, summary covering the entire country
662, 663
No. 74. Abstract of reports of earnings and dividends of national banks,
by size of banks, for the period of 6 months ended "June 30,
1935, by geographical sections
664-675
CONTENTS
XI
Page
No. 75. Abstract of reports of earnings and dividends of nonmember national banks, by size of banks, for the 6 months ended June
BO7T935.T.
676,677
No. 76. Abstract of reports of earnings and dividends of nationaLb^ak^,
by size of banks, for the 6 months ended June SO, 1935, summary covering the entire country
678, 679
No. 77. Abstract of reports of earnings and dividends of national banks,
by size of banks, for the period of 6 months ended I5ecemBer
31, 1934, by Federal Reserve districts
680-703
No. 78. Abstract of reports of earnings and dividends of nationalJaanJ&s,
by size of banks, for the period of 6 months ended June 30,
1935, by Federal Reserve districts
704-727
No. 79. Abstract of reports of condition of savings and State banks in
the District^fil-Calumbia at date of each call during year
endeTTFctober 31, 1935
728
No. 80. Abstract of reports of condition of loan and trust companies in
the District of Columbia at date of each call during year ended
October 31, 1935
729
No. 81. Principal items of assets and liabilities of each savings and State
bank in the District of Columbia, November 1, 1935
730
No. 82. Principal items of assets and liabilities of each loan and trust company in the District of Columbia, November 1, 1935
731
No. 83. Principal items of assets and liabilities of savings and State banks
in the District of Columbia on or about October 1, 1914, to
1935
732
No. 84. Principal items of assets and liabilities of loan and trust companies
in the District of Columbia on or about October 1, 1914, to
1935
732
No. 85. Individual statements of assets and liabilities of the 28 building
and loan associations in the District of Columbia on or about
June 30, 1935
>_
733, 734
No. 86. Summary of assets and liabilities December 31, 1934, and receipts
and disbursements in the 6 months ended December 31, 1934,
of the 28 building and loan associations in the District of
Columbia
735
No. 87. Summary of assets and liabilities June 30, 1935, and receipts and
disbursements in the 6 months ended June 30, 1935, of the 28
building and loan associations in the District of Columbia
736
No. 88. Individual statements of assets and liabilities of the 23 credit
unions in the District of Columbia, June 29, 1935
737
No. 89. Summary of assets and liabilities December 31, 1934, and receipts
and disbursements in the 6 months ended December 31, 1934,
of the 22 credit unions in the District of Columbia
738
No. 90. Summary of assets and liabilities June 29, 1935, and receipts and
disbursements in the 6 months ended June 30, 1935, of the 23
credit unions in the District of Columbia
738
No. 91. Assets and liabilities of export-import banks in District of Columbia at date of each call from June 30, 1934, to June 29, 1935__ 739
No. 92. Abstract of assets and liabilities of active State (commercial)
banks June 29, 1935
740-747
No. 93. Abstract of assets and liabilities of active loan and trust companies June 29, 1935
748-755
No. 94. Abstract of assets and liabilities of active stock savings banks
June 29, 1935
756-759
No. 95. Abstract of assets and liabilities of active mutual savings banks
June 29, 1935
760-764
No. 96. Abstract of assets and liabilities of active private banks June 29,
1935.
765-771
No. 97. Abstract of assets and liabilities of active State (commercial),
sayings and private banks, and loan and trust companies
June 29, 1935__
772-781
No. 98. Abstract of assets and liabilities of active national banks June 29,
1935
.
782-791
No. 99. Supplemental abstract of assets and liabilities of private banks
not under State supervision June 29, 1935_
__
_. 792-795
XII
CONTENTS
Page
No. 100. Abstract of assets and liabilities of all active State and private
banks on or about June 30, each year, 1914 to 1935
796
No. 101. Abstract of assets and liabilities of all active national banks on
or about June 30, each year, 1914 to 1935797
No. 102. Abstract of assets and liabilities of all active banks on or about
June 30, each year, 1914 to 1935
798
No. 103. Statement of the transactions of the New York Clearing House
for 82 years, and separately for each year, 1914 to 1935, the
number of banks, aggregate capital, clearings, balances, average
of daily clearings and balances, and the percentage of balances
to clearings
799
No. 104. 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 1935
799
No. 105. Exchanges of the reporting clearing houses of the United States
for each year ended September 30,1914 to 1935
800
No. 106. Comparative statement of the exchanges of the clearing houses
of the United States for the years ended September 30, 1935
and 1934
800-803
No. 107. 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, 1935 and 1934
804
No. 108. Number, capital, deposits, and total assets of licensed and unlicensed national banks, by Federal Reserve districts, December
31, 1934__.
804-806
No. 109. Bank suspensions and nonlicensed banks placed in liquidation or
receivership, by States, in the 6 months ended December 31,
1934
807, 808
No. 110. Bank suspensions and nonlicensed banks placed in liquidation or
receivership, by States, in the 6 months ended June 30, 1935. _ 809
No. 111. Bank suspensions and nonlicensed banks placed in liquidation or
receivership, by States, in the year ended June 30, 1935
810, 811
No. 112. Bank suspensions, 1864 to 1933
812
No. 113. Bank suspensions, March 16 to June 30, 1933, and years ended
June 30, 1934 and 1935
813
Table M. Statements of assets and liabilities of the individual national
banks at close of business December 31, 1935, arranged alphabetically by States, Territories, and towns. (Omitted from
this report and published as a separate table.)
History and Development of the National Bank Note:
Statement relative to
817, 818
Deposit of bonds and the issuance of notes
818-822
Printing and engraving, denominations and size of note
822-824
Method of destroying notes
824,825
Redemption of notes
825, 826
Demands for which notes shall be received
826, 827
Lawful money reserve
827
Taxation
827,828
Voluntary liquidation, deposit of lawful money
828
Criminal violations
828, 829
Gold banks
829,830
Emergency Currency Act (Aldrich-Vreeland Act)
830-833
National bank circulating notes issued, redeemed, and outstanding on
October 31 of each year from 1864 to 1935
833
Chronological development of the acts and amendments affecting the
national bank notes
834-842
REPORT
OF THE
COMPTROLLER OF THE CURRENCY
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,
Washington, D. C, January 8,1986.
SIR: According to section 333, of the Revised Statutes as amended,
the Comptroller of the Currency is required to make an annual
report to Congress, which report shall contain: First, a summary of
the state and condition of every association from which reports have
been received during the preceding year, with an abstract of their
total banking capital, total debts and liabilities, total means and
resources, the amount of lawful money held by them, and the amount
of circulating notes outstanding; second, a statement of the associations whose business has been closed during the year, with the amount
of their circulation redeemed and the amount outstanding; third,
any amendment to the laws relative to banking by which the system
may be improved, and the security of the holders of its notes and
other creditors may be increased; fourth, such information as is
obtainable regarding the resources and liabilities and condition of
banks, banking companies, and savings banks organized under the
laws of the several States and Territories; fifth, the names and
compensation of the clerks employed by the Comptroller, and the
whole amount of the expenses of the banking department during the
year. Therefore, pursuant to this statute, I have the honor to submit the seventy-third report made to Congress by the Comptroller
of the Currency since the organization of this Bureau.
ACTIVITIES OF THE BUREAU
Receivership liquidation
The banking history of this Nation has not been particularly
happy. A contemplation of the number of bank failures, with their
attendant losses and heartaches, should make us resolve that such
conditions will never recur. High banking standards must be
insisted upon, and our banks must have trained officers and employees who are thoroughly conversant with sound banking principles.
The liquidation of national banks * has been one of the most
important problems before this Bureau. During the year ended
October 31, 1935 (the period covered by this report), 163 trusts
were liquidated and finally closed including 11 trusts restored to
i The term "national banks" as used on pp. 1 to 7 applies to all banks under the jurisdiction of the
Comptroller of the Currency, which includes all national banks and all banks in the District of Columbia,
State and national.
1
2
REPORT OF THE COMPTROLLER OF THE CURRENCY
solvency, leaving 1,419 receiverships still in process of liquidation
on October 31. During that year, depositors of national banks in
receivership were paid, through dividends and distributions, the
total sum of $239,308,294.
As of March 16, 1933, there were 1,070 national banks in receivership with deposits at date of suspension amounting to $889,800,000.
Of these banks, 832, with deposits at suspension of $780,000,000,
were still in process of liquidation as of October 31, 1935, and had
paid to depositors a total of $420,000,000, or 53.8 percent of the
amount due them.
Real estate of receiverships
These receiverships have practically all kinds of property. Aside
from stocks and bonds, they have hotels, factories, apartment buildings, farms, mines, houses, unimproved city lots, and large banking
quarters. The enormity of this problem may be judged from the
following figures: In July 1935 these receiverships owned 2,404 farms,
representing 480,942 acres, and held mortgages on 3,690 farms with
839,028 acres; owned 7,347 residence properties and held mortgages
on 16,380; owned 2,451 business properties and held mortgages on
2,249; owned 5,002 unimproved city properties and held mortgages
on 3,885; and owned 917 bank buildings and 1,050 miscellaneous
items.
The office has successfully disposed of real-estate holdings in several
States. A typical illustration is found in Gulfport, Miss. At Gulfport, the First National Bank has been in receivership since December 1931. Gulfport has a population of approximately 16,000 and
derives its principal support from tourist trade. It receives some
income from shipping, and also from one large cotton compress
which is in operation there, although the surrounding territory is not
generally considered an agricultural section. In this trust we had
344 separate pieces of real estate, some of it city property and some
of it farm acreage, most of which was nonproductive. We were
advised that it was impossible to sell any real estate in this small
community as the people had no money and there was no demand for
the property. We obtained the services of an energetic real-estate
salesman who went to work with vigor and dispatch and after advertising we held a public sale.
What was the result? The success of the sale surprised everyone.
The bids amounted to $178,672, one-third of which was required
to be paid in cash and the balance in 1 or 2 years. In many instances,
however, the full amount was paid. In addition, the purchasers
assumed the back taxes on the property, which amounted to a total
of $35,284, making the entire proceeds of the sale $213,956. Several
offers were made to purchase at par the paper received. A purchaser
of this paper knows that he is taking very little chance when onethird of the price of the property has already been paid. These
results were obtained notwithstanding the fact that each purchaser
of property knew that title did not pass at the time of the sale as
the Federal statutes require the approval of the Comptroller of the
Currency and the approval of a court of competent jurisdiction.
There are financial institutions in every part of the country which
have similar problems. However, their task is much easier. We
were dealing with a closed institution, with property in the morgue,
REPORT OF THE COMPTROLLER OF THE CURRENCY
3
where title did not pass when the auctioneer's hammer dropped, and
where we were not in a position to assist in financing any part of the
purchase price paid. We did more than merely sell all of the real
property in this trust; we recreated values in tins little town, stimulated activity in real-estate sales, and created a new psychology toward
investments. No one believed it could be done. No one believed
it was possible to obtain over $200,000. Yet that was the result of
the sale. It is anticipated that this plan will be placed in operation
in other sections of the country as rapidly as the necessary details may
be arranged. It has been noted that interest in the acquisition of real
estate for investment purposes has revived to a considerable extent
which will, of course, materially benefit the creditors of those insolvent
national banks which have substantial real-estate investments.
INSOLVENT NATIONAL BANKS
PROPORTIONS OF LIQUIDATION EXPENSE TO
TOTAL COLLECTIONS FOR VARIOUS PERIODS AND GROUPS OF BANKS
I EXPENSE OF
I LIQUIDATION
j BALANCE OF COLLECTIONS
I OVER EXPENSES INCURRED
TOTAL
OPERATIONS
YEAR ENDED
OCT. 31,1935
TOTAL
OPERATIONS
YEAR 1865
TO OCT. 31,1935
152
RECEIVERSHIPS
CLOSED
YEAR ENDED
OCT. 31,1935
1371
RECEIVERSHIPS |
CLOSED
YEAR 1865
TO OCT. 31,1935 I
The expense of liquidation of 7.67 percent in the year ended Oct. 31,1935, includes 1.78 percent representing a new item of expense, namely, inteiest paid to the Reconstruction Finance Corporation on loans
to receivers for dividend purposes. Collections include amounts of "Offsets allowed."
Costs of receivership liquidation
It has been the constant aim of the Comptroller's Office since its
organization in 1863 to keep the cost of receiverships at a minimum,
thus returning to the depositors the largest possible percentage of their
deposits. If we take the total number of national bank receiverships
finally liquidated from the year 1865 to October 31, 1935, inclusive,
numbering 1,371, we find the average percentage of expenses to
collections to be 6.55 percent. In other words, out of every dollar
realized from assets by our receivers, over 93 cents has been returned
to the creditors. An entirely new item of expense against receivership
trusts has been incurred during the past 2 years. This is interest
4
EEPOBT OF THE COMPTROLLER OF THE CURRENCY
paid on money borrowed from the Reconstruction Finance Corporation against the assets in closed banks, which money has been used
to pay dividends. Interest in the amount of $6,412,977 was paid by
receivers on such loans during the year ended October 31, 1935. This
figure added 1.78 percent to the cost of receiverships for the year,
giving a total of 7.67 percent. If we deduct the percentage represented
by this interest from the total cost of 7.67 percent, we have a net
percentage cost for the year ending October 31, 1935, of 5.89.
In a number of instances, our receivers have been able to pay 100
cents on the dollar to depositors. This does not mean that the banks
should not have been closed, as a moment's reflection will indicate
that it is not sufficient for a bank merely to pay its depositors, but
in addition it must have a capital structure.
Bank failures
In the Comptroller's report for 1934, it was pointed out that during
the 12 years from 1921 through 1932, an average of 901 banks, State
and national, with average deposits of $407,093,833, closed each year.
The following record of national bank suspensions constituting actual
failures from 1912 up to and including 1935 will be of interest:
National bank suspensions
Years ended
Oct. 31—
Actual failures for
which
receivers
were appointed
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
8
5
21
12
13
7
2
1
6
38
32
51
127
Reported
deposits for
actual failures
$3,665,576
5,995,997
7,516,182
8,203,765
1,997,020
4,327,166
1,543,397
283,684
3,154,793
13,084,637
8,982,862
17,358,274
48,816,366
Years ended
Oct. 31—
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
.
Total
. . .
Actual failures for
which
receivers
were appointed
Reported
deposits for
actual failures
95
91
111
52
71
88
357
322
438
1
4
$39,836,690
30,616,232
46,113,688
19,798,224
46,448,301
49,707,145
361,976,551
250,494,710
781,769,809
41,950
5,398,802
1,953
1,757*131,821
During this period 2,430 receivers were appointed. The difference
between the number of suspensions representing actual failures and
the number of receivers appointed is accounted for by the fact that in
some instances it has been necessary to appoint receivers for the purpose of completing unfinished liquidation of banks formerly in voluntary liquidation or enforcing stock assessments against shareholders of
banks, the collection of wtiich was necessary because of unsatisfied
indebtedness of such institutions. Included in such group of nonactual failures are also numerous instances of appointment of receivers
for banks formerly in conservatorship where partial reorganizations
were effected prior to such receivers' appointments.
From November 1932 to March 4, 1933, there were 101 national
bank failures, with deposits of $101,676,600. Of the 1,417 national
banks unlicensed as of March 16, 1933, at the close of the banking
holiday, 334 with deposits at suspension of $679,392,353 were subsequently declared insolvent and placed in receivership as actual
KEPORT OF THE COMPTROLLER OF THE CURRENCY
5
failures. In addition to these 334 receiverships, there were but 3
additional national bank failures, with deposits at suspension of
$700,856, from March 16 to October 31, 1933. One national bank
NATIONAL BANK SUSPENSIONS
NUMBER OF BANKS
ACTUAL FAILURES, YEARS ENDED OCTOBER 3 1 1912-1935,
FOR WHICH RECEIVERS WERE APPOINTED
NUMBER OF BANKS
450
450
400
400
350
350
300
300
250
250
200
200
150
150
100
100
50
50
_i^_jil
8
5
21
12
13
?
2
1
6
38
32
51 127
95
91
111
52
71
88 357 322 438
1
4 NUMBER
_BANKS
Dates of receivers' appointments and dates of suspensions of banks are not necessarily coincidental.
During 1933, 435 suspensions occurred before or during the banking holiday, while only three occurred
during the remainder of the year.
closed during the report year 1934 with deposits of $41,950, and four
closed during the report year 1935 with total deposits of $5,398,802.
34335—3Q
2
REPORT OF THE COMPTROLLER OF THE CURRENCY
INSOLVENT NATIONAL BANKS
RECEIVERSHIPS CLOSED
1912- 1935
NUMBER OF BANKS
NUMBER OF BANKS
180
180
160
160
140
140
120
120
too
100
80
80
60
60
40
40
20
20
NUMBER
8
10
15 t6
13. 14
6
4
7
13
Figures based upon report years ended Oct. 31.
9
19 17 31 46 76 105 87 99 122 78 92 163 N U & B E R
REPORT OF THE COMPTROLLER OF THE CURRENCY
7
Receiverships closed
During the year ended October 31, 1935, 163 receiverships were
terminated and the affairs thereof closed, including 11 banks which
were restored to solvency. This figure exceeds by 41 the largest
total of receiverships terminated in any one year in the previous history of this Bureau. During the 24-year period from November 1,
1911 to October 31, 1935, 1,062 national bank receiverships have been
liquidated and finally closed or restored to solvency.
FEDERAL DEPOSIT INSURANCE CORPORATION
In thefivenational banks which closed during 1934 and 1935, deposits
insured by the Federal Deposit Insurance Corporation amounted
to $3,250,556, or 59.98 percent. The stabilizing influence of the
Federal Deposit Insurance Corporation and its contribution to the
general welfare of banking in the Nation cannot be overemphasized.
Approximately 52,000,000 depositors are insured in 14,218 banks,
and the deposits of approximately 98.5 percent of them are fully insured under the maximum of $5,000 protection. Since the inauguration of Federal deposit insurance, 33 insured banks have failed, 5 of
which were national banks. The total deposit liability of the 33
banks at date of closing was $10,865,183, and the estimated insured
deposits amounted to $7,013,667. The Corporation promptly met
its responsibility in the payment of depositors. It is estimated that
the Corporation will recover $4,430,247 from the assets of these
closed banks, or 63.16 percent of the total insured deposits.
The capital structure of the Corporation is composed of a contribution from the. Federal Government of $150,000,000, and nearly
$140,000,000 from the Federal Reserve banks; and it is estimated
that annual assessments from insured banks will amount to between
$33,000,000 and $35,000,000. The law requires the funds of the
Corporation to be invested in United States Government securities.
Income from this source for the calendar year 1935 amounted to
$8,159,000, while administrative expenses were $2,587,000.
The present rate of assessment is one-twelfth of 1 percent annually
on the total deposit liability of all banks which are members of the
permanent insurance fund. In my opinion, this assessment is sufficient. A careful table of statistics was presented to the Senate Committee on Banking and Currency to justify this assessment rate. The
table covered a period of 12 years prior to the banking holiday in
March 1933, and included the worst years, from the standpoint of the
number of bank failures, in the banking history of the country. During that period an assessment of one-twelfth of 1 percent, plus the
borrowing power, would have enabled the Corporation to meet all of
the demands of depositors for insured deposits without exhausting
its borrowing power.
The Corporation is financially sound, and with careful management
will continue to serve the depositors of this Nation and will continue
to be one of the greatest stabilizing influences in the banking structure.
8
KEPOKT OF THE COMPTROLLER OF THE CURRENCY
NATIONAL BANK NOTE CIRCULATION
In view of the fact that Hon. Henry Morgenthau, Jr., Secretary of
the Treasury, called for payment all bonds and consols against which
national bank notes were permitted to circulate, and these notes are
being retired rapidly, it is interesting to glance at the national bank
notes which have been outstanding each year for the past 10 years
as follows:
Dec. 31, 1926.
Dec. 31, 1927—
Dec. 31, 1928__.
Dec. 31, 1929
Dec. 31, 1930
Dec. 31, 1931
Dec. 31, 1932
Dec. 31, 1933
Dec. 31, 1934
Dec. 31, 1935
$706,442,579
711, 523, 519
705, 627, 779
713, 641, 785
707, 760, 050
715, 126, 986
885, 983, 538
993, 817, 253
895, 595, 643
473, 641, 812
PENSION PLAN FOR NATIONAL BANK EXAMINERS
In the Comptroller's last report, reference was made to a partially
perfected plan under consideration by the Comptroller's Office to
provide retirement pensions for national bank examiners. Subsequently it appeared there was some doubt as to the Comptroller's
authority to inaugurate such a plan without specific legislative
sanction. Accordingly, the matter was submitted to Congress
which saw fit to provide, in section 343 of the Banking Act of 1935,
authority for the Comptroller of the Currency to establish a retirement-annuity system for the employees of his office. As most of the
employees in the office are under civil service, this will now be applied
only to the national bank examining force. The expense of the
system will require no appropriations from Congress, and will^ be
paid for by monthly salary deductions from the employees plus 'the
application of a portion of the assessments against banks and their
affiliates. The development of the system has required very careful
planning and has involved a considerable amount of detail, both from
an actuarial and an administrative standpoint. We have been in
consultation with one of the foremost firms of actuaries, the members
of which have had a great deal of experience in establishing similar
systems, and I am happy to say that our plans are so far under way
that the system is expected to become effective on March 1, 1936.
I am confident that the operation of the plan will add to the efficiency
of the office and will enable us to retain valuable and experienced
employees who might otherwise be attracted to positions out of the
service.
Examiners from the Comptroller's Office are engaged in the examination of branches of American banks wherever they are established.
At the present time, there are 88 such branches in the following
countries: Argentina, Belgium, Brazil, Chile, China, Colombia, Cuba,
Dominican Republic, England, India, Japan, Manchuria, Mexico,
Panama, Peru, Philippine Islands, Puerto Rico, Straits Settlements,
Uruguay, and Venezuela. In addition to these, the Comptroller's
force examines four national banks in Alaska, one in Hawaii, and one
in the Virgin Islands.
REPORT OF THE COMPTROLLER OF THE CURRENCY
9
PRESENT BANKING SITUATION
There has been a material improvement in the banking situation of
the country, as reflected in the periodic reports of condition received
in response to calls made on national banks under the provisions of
section 5211 of the Revised Statutes. Comparing figures for the
November 1, 1935, call with those for the October 17, 1934, call,
which were included in the Comptroller's last annual report, it is
significant to note that the loans and investments of the 5,409 active
national banks, on November 1, 1935, aggregated $18,484,935,000,
representing an increase during the year of $927,922,000, or 5.29
percent; the total of cash in vault, balances with other banks, and
reserve with Federal Reserve banks, amounted to $7,866,050,000,
an increase of $1,790,961,000, or 29.48 percent; and the total assets of
$27,430,730,000 represented an increase of $2,619,340,000, or 10.56
percent. The book value of capital stock on November 1, 1935,
amounted to $1,776,591,000, which was an increase of $4,078,000, or
0.23 percent during the year; and surplus, profits, and reserves were
$1,353,353,000, an increase of $69,576,000, or 5.42 percent. Total
deposits of the national banks on November 1, 1935, were $24,033,236,000 and exceeded by $3,211,844,000, or 15.43 percent, the aggregate held on October 17, 1934. Bills payable and rediscounts
amounted to $5,007,000, a decrease of $3,779,000, or 43.01 percent.
In the 2 years and 4 months from June 30,1933, the first call following the banking holiday, when there were 4,902 licensed national
banks, to November 1, 1935, the loans and investments increased
19.32 percent; cash and balances with other banks, including reserve
with Federal Reserve banks, increased 90.97 percent; and the total
assets increased 31.50 percent. The book value of capital stock during that period increased 17.22 percent; surplus, profits, and reserves,
0.93 percent; and total deposits, 43.28 percent.
The total deposits of $24,033,236,000 reported on November 1,
1935, were within $314,144,000, or 1.29 percent, of the total deposits
reported at the peak of the national banking system, namely December 31, 1928, when there were 7,635 banks with deposits of $24,347,380,000.
A marked improvement in the entire banking situation in- the
country is recognized also by a comparison of the returns for all
banks, State and national, covering the 2 years from June 30, 1933,
to June 30, 1935. Loans and investments of $44,636,415,000 reported
for 16,053 banks on the latter date exceeded by $4,317,934,000, or
10.71 percent, the amount reported for 14,624 licensed banks doing
business on an unrestricted basis 2 years previous. Cash, balances
due from banks, and reserve with reserve agents increased $4,632,763,000, or 59.66 percent; and the total assets increased $9,091,149,000,
or 17.72 percent. Notwithstanding a reduction of $255,456,000, or
5.69 percent, in the aggregate of surplus, profits, and reserves, the
capital stock, including capital notes and debentures, on June 30,
1935, was $3,605,443,000 and exceeded by $705,902,000, or 24.35
percent, the amount reported 2 years previously. Total deposits in
June of 1935 were $51,586,123,000, which was an increase of $10,052,653,000, or 24.20 percent, over the amount held in June of 1933.
Bills payable and rediscounts decreased about 88 percent.
Comparing the figures for all banks in the country on June 30,1935,
with those for June 30, 1934, the loans and investments showed an
10
REPORT OF THE COMPTROLLER OF THE CURRENCY
increase of 4.48 percent; cash, balances due from banks, and reserve
with reserve agents, 21.36 percent; and total assets, 7.54 percent.
The decrease in surplus, profits, and reserves of 1.48 percent was
slightly in excess of the increase of 1.31 percent in the aggregate of
capital stock, capital notes, and debentures outstanding. Total
deposits on June 30, 1935, were $4,961,082,000, or 10.64 percent, over
the amount reported the year previous. Bills payable and rediscounts showed a decrease of $126,710,000, or 67.38 percent.
Although the earnings figures for all active banks in the country
are not available, it is of interest to note that in the 6 months ended
June 30, 1935, national banks, after providing for losses and expenses,
added to their undivided-profit accounts $76,265,000. This was the
first 6-month period since June 30, 1931, that the aggregate showed
additions were made to the profit account. In the year ended June 30,
1932, national banks had a deficit of $139,780,000, or 8.91 percent,
based on capital; for the year ended June 30, 1933, a deficit of
$218,384,000, or 14.39 percent; and for the year ended June 30, 1934,
a deficit of $303,546,000, or 17.46 percent. However, in the year ended
June 30, 1935, there was a profit of $71,372,000, or 3.93 percent.
CODE OF ETHICS FOR BANKERS
At the annual meeting of the California Bankers Association in
May 1935 I made the suggestion that it would be a forward step for
bankers to adopt a code of ethics to uphold the highest standards of
banking practices and to make banking a profession rather than a business. Improper practices could be corrected by the bankers themselves
as a group, and there would be no necessity for penal statutes covering
such practices. The legal, medical, and other professions have such
codes, not because the majority of their members violate the higher
principles which should guide men and women in their professional
activities, but as a restraint upon the minority whose acts sometimes place the entire profession in a defensive position. Subsequent
to that meeting, Mr. A. L. Lathrop, president of the California Bankers Association, wrote and asked me to outline my ideas for such a
code of ethics. This was done and the suggested code was enthusiastically received by bankers all over the country. Several State
bankers' associations and a number of national banks published this
code and distributed it among those interested in banking.
LEGAL DEPARTMENT
The work of the Legal Department of the Office of the Comptroller
of the Currency may be divided broadly into two classes:
(1) Advice, rules, and decisions upon matters relating to: (a) Going
national banks, including the interpretation and construction of
existing laws and consideration of prospective banking legislation,
(jb) issuance of preferred stock in going national banks and the scope
and extent of rights, liabilities, and duties incident thereto, (c) reorganization of national banks, including the drafting of plans of reorganization and papers in connection therewith, (d) liquidation of
insolvent national banks in receivership.
(2) Supervision over, and, where advisable, actual participation
in, litigation incident to the foregoing fields of activity.
REPORT OF THE COMPTROLLER OF THE CURRENCY
11
Adequate attention to these duties has required an unprecedented
amount of work since 1933, due primarily to: (a) The enactment of
the Banking Acts of 1933 and 1935, and other statutes affecting the
banking situation, which required interpretation and construction of
the statutes and the drafting and issuance of new regulations and
instructions in connection therewith, and (6) the abnormal increase,
in March 1933, in the number of closed banks under the jurisdiction
of the Comptroller of the Currency which were not qualified to reopen
and were therefore placed in conservatorship or receivership for reorganization or liquidation as circumstances inight require. In
connection with the liquidation of insolvent national banks a great
number of legal questions have been, and will continue to be, submitted daily by receivers and their attorneys in the field, in addition
to many questions of general application submitted by the administrative personnel in Washington charged with the supervision of the
field work. By reason of the variety and scope of assets held by the
receivers throughout the country, almost every conceivable type of
legal question, and of litigation incident thereto, arises and requires
solution and disposition.
The Legal Department is now supervising approximately 15,000
miscellaneous types of cases in actual litigation, including about 2,500
cases of class importance involving matters peculiar to the law governing the liquidation of insolvent national banks. A great many of the
cases in the field, which are customarily handled by the local attorneys
for the receivers, receive direct assistance by way of suggestions,
briefs of authorities, and sometimes active participation by attorneys
from the Legal Department, particularly in the appellate courts.
During 1933, 1934, and 1935, the Supreme Court of the United
States decided, on the merits, 14 national bank cases in which attorneys
from the Legal Department participated, and decisions favorable to
the Comptroller and/or the receiver were rendered in 12 of the cases.
In addition, the Legal Department has aided or participated in the
presentation, or the resistance (as the case required) of a considerable
number of petitions in the Supreme Court for writs of certiorari in
national bank cases. Eighteen such petitions involving insolvent
national banks have been presented to the Supreme Court, so far, at
this term.
The Legal Department passes upon and actively supervises every
case involving insolvent national banks carried (by either side) to the
various courts of appeal throughout the United States, and where
necessary participates with the local attorneys in the arguments. No
appeal is taken by a receiver to the Circuit Court of Appeals unless
the case has first been considered and authorized by the Legal
Department.
SUGGESTIONS FOR LEGISLATION
In the Comptroller's report to Congress dated January 3, 1935,
numerous recommendations were made with respect to legislation
which Congress saw fit to enact into law through the Banking Act of
1935. While no general legislation is now recommended, there are
nevertheless certain corrective and clarifying amendments which
should be enacted into law as follows:
1. In many States, State banks are not permitted to issue preferred
stock and have issued to the Reconstruction Finance Corporation
12
REPORT OF THE COMPTROLLER OF THE CURRENCY
capital notes or debentures. These capital notes or debentures do
not constitute capital within the meaning of the national banking
laws and cannot be considered in determining the amount of capital
of the State bank in the case of a conversion. While preferred stock
could readily be issued in most cases by such banks when converted
into the national banking system, this office is not in a position to
permit the conversion, because part of the necessary capital under
the national banking laws is composed of capital notes or debentures.
It is suggested, therefore, that section 5154 of the Revised Statutes
should be amended so that the Comptroller of the Currency be
authorized to approve conversions irrespective of amount of capital
of the State bank, provided the capital of the national bank into
which it is converted is adjusted to meet present statutory requirement as soon as the conversion shall have been approved.
2. The matter of the payment of dividends on shares of common
stock of a national bank has caused many inquiries to be made indicating considerable confusion in the minds of bankers as to the meaning of some of the language of the statute. The question of the
soundness of the provisions of the statute that dividends may be
declared only semiannually has been raised to considerable extent.
This and other technical difficulties make it advisable to have sections 5199 and 5204 of the Revised Statutes clarified.
3. Grant of the general power to the Comptroller of the Currency
to make such rules and regulations as are necessary to enable him
effectively to perform the duties, functions, or services specified in the
banking laws. Such general regulatory power has been vested in
the Federal Reserve Board as respects their activities under the
Federal Reserve Act by section 11 (1) of the Federal Reserve Act.
Such powers are also vested by law in the Federal Deposit Insurance
Corporation as respects their functions and in the Secretary of the
Treasury.
4. Subsection (n) (4) of section 101 of the Banking Act of 1935
provides:
Until July 1, 1936, whenever in the judgment of the Board of Directors such
action will reduce the risk or avert a threatened loss to the Corporation and will
facilitate a merger or consolidation of an insured bank with another insured
bank, or will facilitate the sale of the assets of an open or closed insured bank to
and assumption of its liabilities by another insured bank, the Corporation may,
upon such terms and conditions as it may determine, make loans secured in whole
or in part by assets of an open or closed insured bank, which loans may be in
subordination to the rights of depositors and other creditors, or the Corporation
may purchase any such assets or may guarantee any other insured bank against
(loss by reason of its assuming the liabilities and purchasing the assets of an open
or closed insured bank. Any insured national bank or District bank, or, with
the approval of the Comptroller of the Currency, any receiver thereof is authorized to contract for such sales or loans and to pledge any assets of the bank to
secure such loans.
It is believed to be highly desirable that the provisions of the above
subsection be made permanent and it is, therefore, recommended
that an amendment be made eliminating the following words: "Until
July 1, 1936."
5. There are a number of trust companies in the District of Columbia organized under special act of Congress whose corporate existence
appears to have been limited to a period of 50 years. This period in
some cases will expire as early as 1940. Originally, national banks
REPORT OF THE COMPTROLLER OF THE CURRENCY
13
were limited in their corporate existence to a period of 20 years.
This was amended subsequently to provide as follows:
To have succession from the date of the approval of this Act, or from the date
of its organization if organized after such date of approval until such time as it
be dissolved by the act of its shareholders owning two-thirds of its stock, or until
its franchise becomes forfeited by reason of violation of law or until terminated
by either a general or a special Act of Congress, or until its affairs be placed in the
hands of a receiver and finally wound up by him. (Par. 2d of R. S. 5136.)
It would appear that the District of Columbia Code, with respect
to trust companies, should be amended in a similar manner.
6. There should be a general revision of the District of Columbia
Code, insofar as it relates to building and loan associations.
It is recommended that the District of Columbia Credit Unions
Act, approved June 23, 1932, be amended so that credit unions
organized under such act may be assessed for the actual cost of
making examinations specified in section 299 of title 5 of the Code
of Law for the District of Columbia. .
NATIONAL BANKS IN THE TRUST FIELD
The number of trusts and volume of trust assets under administration by national banks reflected continued growth during the fiscal
year by figures compiled as of June 29, 1935. One thousand nine
hundred and thirty-two national banks on that date had authority
to exercise trust powers, with a combined capital of $1,508,132,817
and banking assets of $22,543,477,718, which represented 35.57 percent of the number, 83.14 percent of the par value of capital, and
86.50 percent of the assets of all banks in the national banking system.
Of the number authorized to exercise trust powers under the provisions of section 11 (k) of the Federal Reserve Act, 1,578 banks had
active trust departments and were administering 129,711 individual
trusts with assets aggregating $9,251,291,947, and in addition were
administering 16,801 corporate trusts and acting as trustees for outstanding note and bond issues amounting to $11,605,145,026. Compared with 1934 these figures represent a net increase of 8,577 or 6.2
percent in the number of trusts being administered; an increase of
$734,740,203, or 8.6 percent in the volume of individual trust assets
under administration, and an increase of $120,683,289 or 1.05 percent
in the volume of note and bond issues outstanding under which
national banks had been named to act as trustees.
Segregation of the number of fiduciary accounts in national banks
revealed that 69,162, or 47.2 percent, were those created under
private or living trust agreements; 60,549, or 41.3 percent, were
trusts being administered under the jurisdiction of the courts, and
the remaining 16,801, or 11.5 percent were trusteeships under corporate bond or note-issue indentures. Private trust assets comprised
$7,637,917,488, or 82.6 percent, of the total assets under administration, while the remaining $1,613,374,459, or 17.4 percent, belonged to
court trusts.
An analysis of the $8,341,958,034 of invested trust funds belonging
to the private and court trusts under administration revealed that
48.74 percent were in bonds; 29.28 percent in stocks; 7.96 percent in
real-estate mortgages; 7.16 percent in real estate, and 6.86 percent
consisted of miscellaneous assets.
The continued development of trust activities in national banks is
further emphasized by comparing the record in 1935 with that of
1926 which reflects an increase during the 9-year period of 120,459,
or 462.36 percent in the number of trusts being administered; an
increase of $8,328,963,270, or 903.04 percent, in the volume of individual trust assets under administration, and an increase of $9,141,591,710, or 371.07 percent, in the volume of note and bond issues
outstanding for which national banks were acting as trustees.
14
REPORT OF THE COMPTROLLER OF THE CURRENCY
15
That the growth in earnings from trust-department operations has
kept pace with the increased volume of trusts which have been
intrusted to the administration of the banks in the national banking
system is revealed b^ the fact that during the fiscal year ended June
30, 1935, gross earnings aggregating $26,479,000 were reported as
against $23,616,000, in 1934, representing a gain of $2,863,000, or
12.1 percent over 1934, and an increase of $18,224,000, or 220.8
percent over 1926.
Two hundred and eighty-two national banks were acting as trustees under 1,048 insurance trust agreements involving $47,346,096
m proceeds from insurance policies, while 704 national banks had
been named trustee under 17,689 insurance trust agreements not yet
matured or operative, supported by insurance policies with a face
value aggregating $681,142,424.
Three hundred and fifty-three of the banks spent $202,792 during
the year for trust advertising, 44 banks employed full-time trust
solicitors, and 64 banks utilized the services of part-time trust
solicitors.
An analysis of the new business placed on the books of the national
banks between June 30, 1934, and June 29, 1935, developed that 245
banks were named trustees for 1,264 bond and note issues aggregating
$543,555,148; 830 banks were named to act as individual trustees
under 7,161 agreements involving $322,327,057; 773 banks were named
to act under 2,785 executorships involving $159,144,949; 572 banks
were named as administrator under 1,482 appointments involving
$22,418,725; 561 banks were named under 3,104 guardianships
involving $8,243,123; 12 banks were named to act as assignee in 35
instances involving $781,157; 35 banks were named to act in 186
receiverships involving $3,864,669; 131 banks were named to act as
committee of estates of lunatics in 457 cases involving $4,960,751,
while 403 banks were named to act 5,900 times in miscellaneous
fiduciary capacities, other than those enumerated above, involving
$436,123,838.
Seventy-four banks were named to act as registrar of stocks and
bonds in 159 cases involving $125,037,061, while 67 banks were named
to act as transfer-agent in 155 instances involving $38,061,296.
National-bank branches, numbering 229 on June 29, 1935, were
actively engaged in administering 12,607 trusts, with individual trust
assets aggregating $750,620,149, and were acting as trustees for
outstanding bond and note issues amounting to $339,370,414.
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 Reserve districts; and 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, 1985, segregated according to capital
Banks
With
capital
of $25,000
Banks
with capital over
$25,000 to
$50,000
Number of national banks with trust powers but not administering trusts..
Number of national banks with trust powers administering trusts
TRUST ASSETS
Total..
Private trusts.
Court t r u s t s . . .
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 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
-
$236,074
5,768
$3,101,720
98,573
42,812
295
483,762
159,328
284,949
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
o
115
245
Total number of national banks authorized to exercise fiduciary
powers
42
149
Total assets of banking departments of national banks authorized to
exercise fiduciary powers
$107,528,122
$17,858,861
Investments
Deposits in savings banksDeposits in other banks
Deposits in own bank
Other assets
Banks with
capital over
$50,000 to
$100,000
22
463
51
437
354
1,578
532
488
361
1,932
n
$524,352,624 $1,256,957,549 $2,107,159,991 $18,529,620,571 $22,543,477,718
$426, 552,900 $7,722,067,000 $8,341,958,034
20,206,950
13,932,256
4,067,411
8,277,424
6,312,411
1,416,951
354,342,666
17,549,100
324,407, 647
526,506,873
17,357, 600
500, 354,928
$28,814,508
439,172
44,774
2,980,226
1,821,413
$161,185,832
1,663,770
503,288
8,879,119
6,813,309
34,100,093
179,045,318
466,943,962
8,567, 074, 242
9,251,291,947
c
i
68,778
216,171
931,832
2,911,551
12,690,069
21,410,024
92,486,848
86,558,470
282,878,660
184,065,302
7,248,861,301
1,318,212,941
7,637,917,488
1,613,374,459
w
284,949
3,843,383
34,100,093
179,045,318
466,943,962
8,567,074,242
9,251,291,947
$365,800
34
65
11
101
341
442
13
455
$50,571
$8,695
$19,960,740
171
215
68
963
2,438
3,401
233
3,634
$139,184
$10,026
5
5
$15,980
$15,980
$55,315,304
357
422
186
5,003
10,225
15,228
615
15,843
$386,707
$11,758
40
63
$45,326
$28,778
i
3
$15,045
$50,150
$122,128,317 $11,407,273,615 $11,605,145,026
382
325
1,273
412
323
1,451
232
274
774
9,521
53, 570
69,162
33, 751
60,549
13,765
87,321
129,711
23,286
14,809
16,801
1,126
102,130
146,512
24,412
$25,271,605
$5,862,669
$1,068, 522
$71,322
$20,053
282
66
170
1,048
175
802
$167,894
$120,341
$219,766
$45,178
$45,386
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
Average volume of insurance policies per trust held under agreements not
operative
Average gross earnings per trust for fiscal year ended June 30,1935
Average gross earnings per trust department reporting trust earnings for
fiscal year ended June 30,1935
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
5
15
$190,300
452
$2,844,323
3
12
$38,060
$33,738
$53
$193
1,896
$67,426,912
$15,249,761
4
$74,851
$12,687
$86
$71
138
567
$110,506
$26,896
$50
$1,898
81
8
704
17,689
$595,431,128
$681,142,424
50
25
$35,563
$72
$4,284
103
$2,025,276
$40,344
$237
$73,616
133
$967,532
$38,507
$184
$259
2
14
$1,226
39
22
$574
44
64
$294,441
$127
$83
.....
294
14,759
$18,723
353
Fiduciary activities of national banks during year ended June 30, 1935} segregated according to 'population of places in which banks were located
Places with
1,000 to 2,499
population
less than 1,000
2,500 to 4,999
211
69
5,000 to 9,999
10,000 to 24,999
O
w
o
o
25,000 to 49,999
o
342
68
208
20
42
22
129
62
64
Total number of national banks authorized to exercisefiduciarypowersTotal assets of banking departments of national banks authorized to exercise
fiduciary powers
._
. . . $46,159,762
191
280
341
410
228
o
$223,939,253
$432,680,749
$705,298,612
$1,342,258,801
$1,124,682,025
2,887,747
32,953
3,388
331,889
368,168
11,220,477,
91,639
45,750
1,060,939
296,488
36,435,838
208,630
64,117
3,023,518
291,854
62,324,661
616,942
252,727
4,660,067
4,452,007
194,336,407
2,527,358
948,104
10,025,674
3,387,340
251,608,913
2,402,734
152,600
12,622,061
21,213,276
I
3,624,145
12,715,293
40,023,957
72,306,404
211,224,883
287,999,584
2,167,087
1,457,058
4,508,306
8,206,987
13,096,060
26,927,897
31,520,753
40,785,651
93, 521,793
117,703,090
176,314,066
111, 685,518
3,624,145
12,715,293
40,023,957
72,306,404
211,224,883
287,999,584
Number of national banks with trust powers but not administering trusts
Number of national banks with trust powers administering trusts
TRUST ASSETS
Investments
Deposits in savings banks
Deposits in other banks
Deposits in own bank
Other assets
Total
LIABILITIES
Private trusts
Court trusts
Total
260
81
Fiduciary activities of national banks during year ended June 80, 1985, segregated according to population of places in which banks were
located—Continued
Places with
population
less than 1,000
1,000 to 2,499
2,500 to 4,999
5,000 to 9,999
10,000 to 24,999
25,000 to 49,999
00
3
LIABILITIES—continued
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 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 values of policies held under above agreements.._
Average number of insurance trust agreements not operative held by each bankAverage 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 30,1935
Average gross earnings per trust department reporting trust earnings for fiscal
year ended June 30,1935
Number of banks reporting amounts spent annually for trust advertising
Average amount spend annually by each reporting bank for trust advertising- Number of banks employing full-time trust solicitors
Number of banks employing part-time trust solicitors
$166,100
25
38
5
259
267
526
8
534
$86,289
4
16
$199,300
4
$2,704,369
79
116
24
536
1,423
1,959
42
2,001
$6,491
3
4
$16,221
$12,166
18
52
$784,661
3
$8,322,095
5
$44,060,699
280
313
169
4,644
9,239
13,883
566
14,449
$617,617
$15,215
25
58
$42,507
$18,322
145
1,074
$22,152,115
7
$77,796,842
183
198
121
4,652
6,562
11,214
654
11,868
$1,384,613
$25,682
41
79
$32,822
$17,034
123
1,183
$35,778,116
10
$16,222,074
147
191
62
1,713
4,198
5,911
183
6,094
$189,687
$6,771
5
7
$63,606
$45,433
33
100
$2, 220,518
$24,045,324
195
237
104
2,598
5,655
8,253
374
8,627
$278,102
$8,761
20
24
$57,733
$48, 111
$49,825
$43,592
$67,288
$126,092
$152,773
$290,879
$12,456
$31
$15,090
$45
$22, 205
$32
$24,916
$45
$20,626
$62
$30,244
$115
4
$82
$824
20
$72
$1,061
26
$47
$1,683
52
$115
1
10
$2,857
69
$180
2
10
$7,026
46
$254
5
2
O
Places with
population
50,000 to
99,999
Number of national banks with trust powers but not administering trusts
132
Number of national banks with trust powers administering trusts
_
7
Total number of national banks authorized to exercise fiduciary powers..
139
Total assets of banking departments of national banks authorized to exercise
fiduciary powers
_
$1,218,911,562
100,000 to
249,999
250,000 to
499,999
500,000 to
999,999
1,000,000 or
over
114
8
Total
41
1,578
354
122
78
31
48
1,932
H
$2,192,989,562
$2,838,993,150
$3,990,503,643
$8,427,060,599
$22,543,477,718
O
$762,592,719 $1,015,250,067
879,816
6,240,358
526, 661
33,933,431
24,942,945
100,647,523
35,002,363
$912,165,238
2,136,759
992,082
39,308,355
261,065,561
$4,712,643,447
2,492,191
2,417,171
210,108,490
73,548,997
$8,341,958,034
20,206,950
8,277,424
354,342, Q6Q
526,506,873
TRUST ASSETS
Investments. _
Deposits in savings banks
Deposits in other banks
Deposits in own bank
Other assets
$380,492. 520
2,577,570
2,186,216
14,325,297
26,233,296
_
_.
Total
_
425,814,899
829,305,046
1,151,399,445
1,215,667,995
5,001,210,296
9,251,291,947
243,212,527
182,602,372
599,076,219
230,228,827
970,663,270
180,736,175
1,027,210,019
188,457,976
4,476,627,388
524,582,908
7,637,917,488
1,613,374,459
g
LIABILITIES
Private trusts
Court trusts
_-
-
Total
Total volume of bond issues outstanding for which banks are acting as trusteeNumber 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 numbers of trusts being administered
Average volume of individual trusts 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 holdin 0 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
425,814,899
$635,386
829,305,046
1,151,399,445
1,215,667,995
5,001,210,296
9,251,291,947
$201,286,792
110
110
89
8,573
7,229
15,802
1,373
17,175
$7,274,606
$52,481
59
175
$7,274,606
$52,481
95
3,078
$110,461,245
32
$509,788,562
69
67
61
8,014
5,570
13,584
2,144
15,728
$15,991,659
$84,761
42
158
$140,649
$37,388
61
4,212
$152,470,858
$1,119,813,891
27
24
24
7,091
4,073
11,164
2,782
13,946
$45,024,741
$108,892
16
132
$512,846
$62,163
25
2,635
$101,182,859
105
59,432,745,745
37
34
26
25,639
7,827
7,612
41,078
$121,980,739
$149,442
18
232
$808,873
$62,757
32
3,111
$182,761,239
97
$11,605,145,026
1,273
1,451
774
69,162
60,549
129,711
16,801
146,512
$5,862,669
$71,322
282
1,048
$167,894
$45,178
704
17,689
$681,142,424
25
$1,162,760
$2,499,522
$4,047,314
$5,711,289
$967,532
W
Fiduciary activities of national banks during year ended June 80, 1935, segregated according to population of places in which banks were
located—Continued
Places with
population
100,000 to
99,999
260,000 to
499,999
1,000,000 or
over
500,000 to'
to
o
Total
3
LIABILITIES—continued
Average volume of insurance policies per trust held under agreements not
operative
Average gross earnings per trust for fiscal year ended June 30,1935
Average gross earnings per trust department reporting trust earnings for fiscal
year ended June 30,1935
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
$34,218
$90
$35,887
$140
$30,199
$182
$38,400
$262
$58,747
$38,507
$184
$10,764
47
$402
2
9
$21,425
35
$990
4
9
$41,396
29
$1,584
16
1
$140,314
9
$4,486
8
3
$344,826
16
$1,869
10
1
$18,723
353
64
Fiduciary activities of national banks by Federal Reserve districts as of June 80, 1985
Federal Reserve districts
Total
Number
Total banking
Capital of
Number with au- number
banks ex- thority
author- banks author- assets of banks
ercising but not
ized to ized to exercise authorized to
exercise fidufiduciary
fiduciary exercis- exercise
ciary powers
powers
powers
ing
fiduciary
powers
powers
Boston
New York.—.
Philadelphia..
Cleveland
Richmond
Atlanta
Chicago
St. Louis
MinneapolisKansas City..
Dallas
San Francisco.
177
281
239
113
126
85
175
84
52
106
61
79
31
30
18
20
16
25
42
32
45
54
28
13
208
311
257
133
142
110
217
116
97
160
89
92
Total...
1,578
354
1,932
$143,156,967 $1,880,150,422
428,004,505
5,604,8x6,036
111, 169,580 1,771,953,199
103,901,250
1,543,291,934
57,431,385
916,840,486
75,185,000
983,272,411
212,858,280
3,454,229,974
44,495,850
766,905,816
47,885,000
726,440,242
50,220,000
980,243,360
60,170,000
829,307,828
173,655,000
3,086,026,010
1,508,132,817
22,543,477,718
Individual trusts
Living
trusts
Court
trusts
3,628
6,068
9,132
4,777
2,450
3,598
21,853
1,185
2,088
2,680
1,142
10,561
3,975
7,562
14,997
69,162
Assets of individual trusts
Total
Number
of corporate
trusts
being
administered
1,922
576
6,036
7,603
13,630
24,129
11,346
6,524
5,768
29,113
3,195
5,486
4,602
1,718
16,597
$450,916,787
864,930,245
357,849,013
728,223,118
291,337,218
367,494,330
4,065,900,018
81,965,198
400,209,047
366,682,254
120,883,619
1,154,901,100
542
1,342
557
1,688
381
896
7,112
546
602
695
385
2,055
60,549
129,711
9,251,291,947
16,801
4,074
2,170
7,260
2,010
3
o
Federal Reserve districts!
Number of
of Number of Volume of as- banks holdBond issues out- Number
ing insursets of insurbanks ad- insurance
standing where ministering
ance trust
trusts being ance trusts
banks act as
agreements
insurance
under
adminadministrustee
trusts
not operaistration
tered
tive
Boston
w New York....
Philadelphia..
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis..
Kansas City..
Dallas
San Francisco.
$439,905,928
5,789,493,966
113,453,616
360,945,093
185,973,475
216,889,377
3,486,296,867
73,800,142
135,908,467
72,579,415
70,979,214
658,919,466
Total...
11,605,145,026
282
Trust deFace value of
partment
Number of insurance
poli- gross
earninsurance cies held under
trust agree- trust agree- ings for fiscal
year ended
ments not
ments
not
June 30,
operative
operative
1935
116
110
105
52
85
206
22
19
92
48
124
$2, 604,095
6,192,037
8,428,344
6,064,105
1,807,255
3,091,821
9,968,688
978,266
903,286
2,961,383
1,103,222
3,243,594
71
112
118
61
56
35
66
25
21
46
41
52
1,441
1,920
1,520
1,554
985
989
2,197
255
1,119
1,714
634
3,361
$55,611,615
111,573,243
59,089,060
68,512,051
32,739,566
36,127,302
101,099,512
9,912,299
45,363,340
47,815,565
20,525,421
92,773,450
$1,879,000
6,313,000
1,147,000
1,631,000
882,000
856,000
7,178,000
354,000
956,000
908,000
425,000
3,950,000
1,048
47,346,096
704
17,689
681,142,424
26,479,000
o
o
Classification of investments in living and court trust accounts under administration by the active national-bank trust departments, segregated
according to capital of banks and population of places in which national banks were located on June 80, 1935
Trust investments classified according to capital of
banks administering trusts
Banks
Banks
Banks
Banks
Banks
Banks
with
with
with
with
with
with
capital
capital
capital
capital
capital
capital
of $25,000
over $25,000 to $50,000
over $50,000 to $100,000
over $100,000 to $200,000
over $200,000 to $500,000.
over $500,000
Total
Percent
Stocks
Percent
Real-estate
mortgages
Percent
Real estate
Percent
Miscellaneous
Percent
Total investments
$119,219
1,285,205
11,977,473
• 46, 572,174
151,022. 705
3,855,277,219
50.50
41.43
41.57
28.89
35.41
49.93
$14,889
561, 524
5, 524,383
38, 278, 769
124, 332, 077
2, 273, 682, 017
6.31
18.10
19.17
23.75
29.15
29.44
$42,509
591,421
4,795, 676
37, 613,048
70,498,152
550, 376, 210
18.01
19.07
16. 64
23.33
16.53
7.13
$45,613
508,828
5, 043,630
27, 387, 758
49,152,260,
515,414,130
19.32
16.40
17.51
16.99
11.52
6,83
$13,844
154, 742
1,473,346
11,334,083
31, 547, 706
527,317,424
5.86
5.00
5.11
7.04
7.39
6.67
$236,074
3,101,720
28,814,508
161,185,832
426, 552,900
7, 722, 067,000
4,066,253,995
48.74
2,442,393, 659
29.28
663,917, 016
7.96
597, 552,219
7.16
571,841,145
6.86
8,341,958,034
Bonds
w
I
fcO
Classification of investments in living and court trust accounts under administration by the active national-bank trust departments, segregated
according to capital of banks and population of places in which national banks were located on June 80, 1985—Continued
Trust investments classified according to population of
places in which banks administering trusts were located
Places with
Places with
Places with
Places with
Places with
Places with
Places with
Places with
Places with
Places with
PJaces with
population
population
population
population
population
population
population
population
population
population
population
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
$718,656
3,819,861
11,418,403
18,276,037
61,375,853
87,490,281
127,524,001
253,604,226
532,739, 591
358,798,104
2, 610,488,982
24.89
34.04
31.34
29.32
31.58
34.77
33.52
33.26
52.47
39.33
55.39
4,066, 253,995 48.74
Total..!.
Percent
Real-estate
mortgages
Percent
Real estate
Percent
Miscellaneous
Percent
Total investments
25.19
24.58
27.64
19.48
30.79
29.70
29.86
38.36
26.07
38.03
$1,157,520
3,335, 798
10,346, 546
21,384,869
40,083,887
34,668,436
61,418,335
81, 510, 351
79,966,371
76,331, 254
253, 713, 649
40.08
29.73
28.40
34.31
20.63
13.78
16.14
10.69
7.88
8.37
5.38
$188,873
904,944,
3,173,597
7,395,894
22,709, 003
34,648,380
52,634, 235
79,070,463
71,132,300
78,486, 236
247, 208, 294
6.54
8.07
8.71
11.87
11.68
13.77
13.83
10.37
7.00
8.60
5.25
$95,247
401, 504
1,425,178
3,123,980
10,339,967
20,082,410
25,294,122
55,875,434
66,752, 561
51,657,140
336, 793, 602
3.30
3.58
3.91
5.02
5.32
7.98
6.65
7.32
6.58
5.67
7.15
$2,887,747
11,220,477
36,435,838
62, 324,661
194,336,407
251,608,913
380,492, 520
762, 592, 719
1,015,250, 067
912,165, 238
4, 712, 643,447
663,917,016
7.96
597,552, 219
7.16
571,841,145
6.86
8, 341,958, 034
Stocks
$727,451
2,758,370
10, 072,114
12,143,881
59,827,697
74,719,406
113,621,827
292, 532,245
264, 659, 244
346,892, 504
1,264,438, 920
2,442, 393, 659 29.28
Classification of investments in living and court trust accounts under administration by the active national-bank branches with trust departments,
segregated according to population of places in which branches were located on June SO, 1935
Trust investments classified according to population of
places in which branches were located
Bonds
Percent
Per- Real-estate Percent mortgages
Stocks
Real estate
Percent
Miscellaneous
Percent
Total investments
fcO
3
o
•a
O
i
W
o
>j
Places with
Places with
Places with
Places with
Places with
Places with
Places with
Places with
Places with
Places with
Places with
Total
population
population
population
population
population
population
population
population
population
population
population
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.
-.—
$37,603
80,238
394,446
1,018,495
2,201,297
6,109,099
27,548,639
8,144,004
14,223,619
34,090,359
156,629,150
29.21
10.59
17.47
23.58
24.06
32.85
22.92
39.39
59.60
33.52
$48,576
142,631
540.195
510,166
2,485,146
4,686,739
19,855,165
15,676,907
10,791,602
12,174,477
149,751,946
250,476,949
35.68
216,663,550
I
37.74
18.83
23.93
11.81
27.16
25.20
28.09
44.12
29.88
21.28
32.05
157,557
464,230
1,063,573
1,353,612
8,711,888
2,699,896
1,569,573
1,746,104
55,502,903
6.28
6.12
6.98
10.75
11.62
7.28
12.33
7.60
4.35
3.05
11.88
$17,181
440,454
717,497
2,069,474
2,781,252
5,982,386
11,792,427
6,564,713
5,394,965
2,506,906
90,028,231
13.35
58.15
31.79
47.92
30.40
32.17
16.68
18.47
14.94
4.38
19.27
$17,271
47,838
447,606
256,389
618,130
463,531
2,769,944
2,447,267
4,131,129
6,689,075
15,327,213
13.42
6.31
19.83
5.94
6.76
2.50
3.92
6.89
11.44
11.69
3.28
$128,715
757,504
2,257,301
4,318,754
9,149,398
18,595,367
70,678,063
35,532,787
36,110,888
57,206,921
467,239,443
30.86
73,323,763
10.45
128,295,486
18.28
33,215,393
4.73
701,975,141
Fiduciary activities of national-bank branches with trust departments during the year ended June 80> 1985, segregated according to population of
places in which branches were located
Places
with
population of
less t h a n
1,000
1,000 to
2,499
2,500 to
4,999
5,000 to
10,000 to
24,999
250,000 to
499,999
100,000 to
249,999
50,000 to
25,000 to
49,999
500,000 to
999,999
1,000,000
or over
Total
S
Number of national-bank branches
229
with active trust departments24
32
16
12
24
16
Total assets of banking departments of branches administering
trusts.
1,881,412 $20,448, 491 $38,819,637 $72,455,155 $82,171, 254$56,585,328 $151,459,610 $113, 244, 603 $129,183,570 $170,316, 657 $292, 686, 224 $1,137,251,941
TRUST ASSETS
Investments
Deposits in savings banks.__
Deposits in other banks
D eposits in own banks
Other assets
Total.
$128,715
54,584
91,320
7,043
$757,504 $2,257,301 $4,318,754 $9,149,398 $18,595,367 $70,678, 063 $35, 532,787 $36,110,888 $57, 206,921
35,554
34,892
36,477
186,017
6,798
36,365
18,455
7,322
723, 052
1,556, 626 1,753,189
84,467
869,076
959,931
2,708,381
1,417,106
267,059
268,876
948,344 3,357, 266
838, 590
5,688
707,832
534,235
682,790
76,575
443 $701,975,141
514,908
1,000,831
26,811, 511
20,317,758
281,662
847, 659
2,607,733
5,347,159 10,762,671 20,089, 533
74,411,051
37, 651,138
38,658,734
62,352, 268 497, 610,541 750,620,149
123,040
158, 622
306,712
540,947
847, 659
1,182, 256
1,425,477
2, 607, 733
2,216,968 5,900,975 14,013,998
3,130,191 4,861,696 6,075,535
5,347,159 10,762,671 20, 089,533
37, 289,052
37,121,999
25,519,935
12,131,203
27,546,561
11,112,173
74,411,051
37, 651,138
38, 658,734
57,541,509 349,407,088 521,048,094
4,810, 759 148,203,453 229,572,055
62, 352, 268 497,610, 541 750,620,149
$3,005,855 $19,668, 537
$289,429, 074 $339,370,414
LIABILITIES
Private trusts..
Court trusts...
Total.
Total volume of bond issues outstanding for which branch banks
are acting as trustees
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
,
281, 662
o
g
c
$396,125 $15,474,205 $11,396, 618
52
151
7
108
2
7
124
1
5
10
13
20
10
14
2
2
346
435
707
1,642
2
5
21
64
56
133
180
440
728
1,706
1,054
896
1,268
$336,333 $1,434,967
5!
151
348
$17,604
$35,319
$84,120
$140,715
$18,777
$16,301
$17,270
$15,454
1
2
20
21
15
1
7
20
9
6
763
$4,650,691
$2,689,367
$4,832,342
$24,742
$28,415
$45,317
$37,727
$50,667
3
4
10
4
1,0
5,090
11,287
5,949
12,607
$5,196,022 $20,733,773
$3,277,817
1,320
$57,309
$97,762
$66,503
1
5
37
to
CO
Fiduciary activities of national-bank branches with trust departments during the year ended June SO, 1985, segregated according to population of to
places in which branches were located—Continued
Places
with
population of
less than
1,000 to
2,499
2,500 to
4,999
5,000 to
9,999
10,000 to
24,999
25,000 to
49,999
50,000 to
99,999
250,000 to
499,999
100,000 to
249,999
500,000 to
999,999
1,000,000
Total
or over
O
1,000
S
LIABILITIES—continued
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 operativeFace value of insurance policies
held under above agreements
Average number of insurance trmt
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 30,1935...
Average gross trust earnings per
branch reporting trust earnings
forfiscalyear ended June 30.1935.
Number of branches reporting
amounts spent annually for trust
advertisingAverage amount spent annually
by each reporting branch for
trust advertising . . . _ _
Number of branches employing
full-time trust solicitorsNumber of branches employing
part-time trust solicitors
1
1
3
9
9
16
7
15
9
50
120
$3,536
$5,001
$13,099
$52,829
$28,199
$37,615
$51,396
$166,106
$434,000
$793,808
$165,795
$3,536
$5,001
$13,099
$17,610
$12,533
$23,510
$29,369
$55,369
$48,222
$79,381
$51,120
8
6
1
6
108
201
309
133
528
1,879
4
9
13
20
20
8
72
85
207
. 58
238
$982,310 $2,142,262 $3,739,502 $1,134,105
$6,318,446
13
12
36
$127,000
$342,181
3
4
6
4
10
7
18
25
52
133
88
17
$31,750
$38,020
$75,562
$107,113
$186,975
$141,763
$486,034
$795,150
$1,705,644
$3, 779,782
$4,314,455
$565,254
$10,583
$9,505
$13,643
$25,203
$18,065
$19, 554
$26,548
$31,648
$33,119
$28,419
$49, 028
$32, 489
$267
$138
$124
$114
$166
$154
$210
$181
$299
$232
$308
$32-
$605
$1,068
$2,352
$17,458
$15,821
$20,808
$74,081
$13,365
$174
$9, 731
1
$200
4
$573
$6,361,203 $10,233,863
$187
$20,983
1
o
K
w
o
a
7
$1,125
1
o
$3, 779, 782 $25,886, 728 $61,047,382
2
1
w
$677
1
1
3
1
3
NATIONAL-BANK FAILURES
During the year ended October 31, 1935, there were but four actual
failures of national banks. In addition to such 4 failures, receivers
were appointed for 21 other banks, making a total of 25 appointments
of receivers for insolvent national banks during the year. Of such
total appointments, in addition to the 4 actual failures, 11 were for
banks formerly in charge of conservators, and 10 for the purpose of
completing unfinished liquidation of banks formerly in voluntary
liquidation or enforcing stock assessments against shareholders of
banks, the collection of which was necessary because of unsatisfied
indebtedness of such institutions. Elimination of the 10 stock
assessment banks and 9 banks in which reorganizations occurred
while in charge of conservators from the total of 25 banks placed in
receivership during the year left but 6 insolvent banks for regular
liquidation by receivers. During the year ended October 31, 1935,
11 receiverships were restored to solvency for which receivers were
appointed in previous years. These figures for the year 1935, when
compared with data for the preceding year of 394 appointments of
receivers for insolvent national banks, and 28 restorations to solvency
of banks previously placed in receivership, clearly indicate the improvement and correction in the insolvent national bank situation
resulting from the completion of the program for reorganization of
unlicensed national banks and stabilization through the Federal
Deposit Insurance Corporation of active banks.
In a further analysis of the 25 receivers7 appointments for the
current year, it is found that of the 11 appointments for banks
formerly in charge of conservators, 2 with capital of $150,000 and
deposits of $2,499,455 were regular receiverships without prior reorganizations or payments to depositors, while 9 with capital of $2,750,020
were appointments following reorganizations under conservators.
The 9 banks with deposits of $26,471,838 for which receivers were
appointed following reorganizations under conservators, paid depositors through reorganizations effected prior to receivers7 appointments an estimated amount of $5,141,361, or an average return of
19.42 percent. The total capitalization of the 25 banks for which
receivers were appointed during the past year was $4,305,020 as
compared with the total capitalization of the 394 banks for which
receivers were appointed during the previous year of $56,525,000.
During the year ended September 30, 1935, total costs incurred in
the liquidation of insolvent national banks as reported by receivers
were equivalent to 7.67 percent of total collections from all sources,
including offsets allowed. The slight increase in percentage of expense
for the current year is for the most part the result of interest payments to the Reconstruction Finance Corporation upon loans to
receivers for dividend-payment purposes. Total Corporation interest
payments by receivers to October 31,1935, totaled $6,412,977, of which
over $5,600,000 was paid during the current year. Total collections
25
26
REPORT OF THE COMPTROLLER OF THE CURRENCY
from all sources, including offsets allowed, as reported by receivers
for the year ended September 30, 1935, amounted to $358,511,944,
while similar total collections for the years 1931, 1932, 1933, and
1934 were $132,998,054, $263,482,046, $356,678,150, and $501,718,516,
respectively.
In reporting upon the progress and results of liquidation of insolvent national banks for the year ended October 31, 1935, it has
been possible for the second consecutive year to furnish data with
respect to the earnings of such banks while in progress of liquidation,
arising out of the accruals and collections of interest, premiums, rents,
etc. It is believed there may exist in some instances the erroneous
impression that the liquidation of insolvent national banks is an operation resulting in costs only to depositors involved without corresponding earnings incident to such activity. As will be noted from figures
as to earnings versus expense of liquidation, reported upon in detail
in following paragraphs for various groups of banks in liquidation,
the earnings of insolvent national banks during liquidation generally
approximate expenses incurred. In view of this proportion of earnings to expenses incident to the liquidation of insolvent national banks,
it is desired to again emphasize the fact that depositors' equities in
the assets of failed national banks are not materially depreciated
because of receivership operations.
This office has during the year ended October 31, 1935, continued
to facilitate the distribution of dividends to depositors of insolvent
national banks. In addition to distributions possible through the
normal processes of liquidation, Reconstruction Finance Corporation
loans to receivers of insolvent national banks have been obtained
wherever possible and in maximum amounts to further expedite
payments of dividends to depositors. Reconstruction Finance Corporation loan commitments so obtained by receivers of insolvent
national banks during the year ended October 31, 1935, as indicated
by the records of this office amounted to $185,478,900, while cash
advances actually drawn against existing commitments totaled
$143,967,056. Total loan commitments obtained by receivers of insolvent national banks from the Reconstruction Finance Corporation
from the date of its organization to October 31, 1935, as indicated by
the records of this office amounted to $441,154,100, while cash
advances drawn against such commitments aggregated $337,016,740.
Total Reconstruction Finance Corporation loan commitments outstanding, and unpaid advances to receivers of insolvent national
banks as of October 31, 1935, were according to the records of this
office $64,679,597 and $94,318,497, respectively.
During the past year 38 completed liquidations and final closings
of receiverships have resulted from the recently inaugurated plan of
securing from the Reconstruction Finance Corporation termination
loans to receivers, for the specific purpose of effecting immediate final
closings of receiverships involved. This termination loan plan consists briefly of obtaining from the Reconstruction Finance Corporation, in connection with banks whose asset values have been reduced
to a certain point, loans to the receivers of such banks approximately
equivalent to such current asset values less anticipated loan interest
and carrying charges. The proceeds of such loans are then distributed in the form of dividends to creditors with a subsequent sale of
the assets, subject to lien by the Reconstruction Finance Corporation
REPORT OF THE COMPTROLLER OF THE CURRENCY
27
and after approval by this office and a court of competent jurisdiction,
to trustees or committees representing creditors and shareholders.
In this manner final closings of receiverships which have already
reached the later stages of liquidation are considerably expedited;
returns to depositors equal to or greater than those which could have
been obtained through an administration of liquidation over a longer
period to a normal conclusion are secured, and the added privilege
to creditors obtained of holding remaining assets for future liquidation in hope of a possible appreciation in value. Termination loans
obtained from the Reconstruction Finance Corporation by receivers
of the 38 receiverships the affairs of which were finally closed through
this procedure during the current year aggregated $462,436.
Another plan, designed to expedite liquidation was successfully
inaugurated during the current year, providing for the sale at auction
of real estate owned or held under mortgage by various receiverships.
Whereas it has proved very difficult if not impossible during recent
years to dispose of real estate holdings at private sale in accordance
with normal liquidation procedure, the public auction method of disposing of such property to the highest bidder subject to the approval
of this office and a court of competent jurisdiction, has proven highly
satisfactory where applied, with an unexpected abundance of bidders
wiHing to pay in many cases more than the appraised value o:f properties offered. The success of this innovation in bank liquidation
procedure has in fact proved so gratifying that it is anticipated the
plan thereof will be continued in operation wherever circumstances
indicate the advisability thereof.
Reorganization activity in connection with closed or insolvent
national banks declined materially for the year ended October 31,
1935. The reduction in volume of reorganizations during the current year is largely the result of the reorganization program with
respect to unlicensed national banks having been generally completed in February of the current year, together with the fact there
were but four additional actual failures during the period and that
the majority of existing receiverships have now attained sufficient
liquidation age to greatly reduce the possibility of reorganizations.
However, successful reorganizations have not been entirely lacking
during the past year inasmuch as during such period 11 insolvent
national banks with deposits of approximately $4,532,541 were completely restored to solvency and either reopened or sold to other
institutions, while reorganizations of 13 unlicensed national banks
were effected involving deposits of approximately $12,020,896. As
in the past the full cooperation of this office will in the future be
available for the furtherance of reorganization plans for closed or
insolvent banks where circumstances indicate the soundness of reorganization plans advanced by local depositors' or other committees
interested.
Relative to the length of time required to complete liquidation of
insolvent national banks, a compilation has been made covering those
insolvent national banks liquidated and finally closed during the
year ended October 31, 1935, and for those receiverships finally closed
during the 14-year period—November 1, 1921, to October 31, 1935.
From data compiled it has been found that insolvent national banks
finally closed during the year ended October 31, 1935, exclusive of
those banks which were restored to solvency and those for which
28
REPOKT OF THE COMPTROLLER OF THE CURRENCY
receivers were appointed for the purpose of completing unfinished
business or enforcing stock assessments, required an average period
of 5 years and 5 months, with a minimum period of 1 year and 1
month for liquidation. With reference to insolvent national banks,
the affairs of which were finally closed during the 14-year period—1921
to 1935—exclusive of 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 was found to have been 5 years and 1 month.
In following paragraphs will be found tables reflecting the results
and progress of liquidation to date for various groups of insolvent
national banks, those which have been completely liquidated from
the date of the first national bank failure in 1865 to date, those still
in process of liquidation as of October 31, 1935, etc. These tables
are supported by various schedules appearing in the appendix of this
report furnishing in detail for each insolvent national bank in liquidation during the current year data as to# progress and results of
the receiver's administration thereof.
Receiverships, year ended October 31, 1935
Of the 25 national banks for which receivers were appointed during
the past year, none was restored to solvency, leaving the entire 25
banks to be administered by receivers. Of the 25 national banks so
administered by receivers, of which but 4 were actual failures, 10
appointments were made for the purpose of completing unfinished
business or enforcing stock assessments and 9 for banks in which
reorganizations had occurred while formerly in charge of conservators, leaving 6 banks to be regularly liquidated by receivers. The
capital of the 25 insolvent national banks for which receivers were
appointed was $4,305,020. The capital of the 10 banks for which
receivers were appointed to complete unfinished business or enforce
stock assessments was $1,000,000. The capital of the 9 banks in
which reorganizations occurred while in charge of conservators was
$2,750,020 and the capital of the remaining 6 banks to be liquidated
by receivers was $555,000.
Stock assessments levied by the Comptroller of the Currency to
October 31, 1935, against shareholders of the 25 national banks
administered by receivers, with capital of $4,305,020, amounted to
$4,230,020, while the assets of such banks, including assets acquired
subsequent to their failure, totaled $44,738,292. Collections from
these assets, including earnings, offsets allowed and collections from
stock assessments as reported by receivers to September 30, 1935,
amounted to 39.79 percent of such assets and stock assessments.
Total earnings collected by receivers from the assets of these banks
amounting to $1,174,566 were in excess, or 133.48 percent, of total
expenses incurred. These collections and the disposition thereof
were as follows:
REPORT OF THE COMPTROLLER OF THE CURRENCY
29
Liquidation statement, 25 administered receiverships, year ended Oct. SI, 1935
Collections:
Collections from assets
Collections from stock assessments
Earnings collected
Offsets allowed and settled (against assets)
Unpaid balance Reconstruction Finance Corporation loans
Total
Disposition of collections:
Dividends paid by receivers to unsecured creditors
Dividends paid by receivers to secured creditors
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors
Payments to secured and preferred creditors other than through
dividends
Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets
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
$15, 785, 215
773, 144
1, 174, 566
1, 752, 756
4, 487, 326
23, 973, 007
166, 603
11, 765
5, 393, 236
188, 654
13, 134, 469
1, 752, 756
59, 668
195, 396
684, 539
2, 385, 921
23, 973, 007
In addition to the above record, it is found that total secured and
unsecured claims proved as reported by receivers to September 30,
1935, aggregated $16,468,405. The outstanding circulation of the
25 banks at date of failure was $1,297,350, secured by United States
bonds on deposit with the Treasurer of the United States of a par
value of $1,300,000. Total deposits of these banks at date of failure
amounted to $27,275,171, while borrowed money consisting of bills
payable, rediscounts, etc., totaled $9,965,504.
Receiverships, 1865-1935
From the date of the first failure of a national bank in the year
1865 to October 31, 1935, 2,933 national banks have been placed in
charge of receivers. Of this number, 156 have been restored to
solvency and either reopened or sold to other institutions and 1
bank eliminated through revocation of the receiver's commission as
of the date of issuance, leaving 2,776 banks to be administered by
receivers. Of these banks so administered, 1,405 are still in process
of liquidation and 1,371 have been completely liquidated and the
affairs thereof finally closed.
The capital of the 2,933 insolvent national banks at the date of
failure, exclusive of the one bank eliminated through revocation of
the receiver's commission, was $386,360,525. The capital of the
156 banks that have been restored to solvency was $22,900,000.
The capital of the 1,405 banks that are still in process of liquidation
was $226,005,105, and the capital of the 1,371 banks that have been
completely liquidated was $137,455,420.
The aggregate book value of the assets of the 2,776 administered
receiverships, including assets acquired after suspension, was
$3,593,789,380, in addition to which there have been levied against
shareholders assessments aggregating $314,430,767. Total collections from these assets, including earnings, offsets allowed and collections from stock assessments as reported by receivers to September
30, 1935, amounted to 55.85 percent of the total of such assets and
30
REPORT OF THE COMPTROLLER OF THE CURRENCY
stock assessments.
were as follows:
These collections and the disposition thereof
Liquidation statement, 2,776 administered receiverships, 1865-1935
Collections:
Collections from assets, including income earnings for
1,155 banks completely liquidated to Oct. 31, 1933, and
for accounting purposes, dividends paid secured creditors
of all trusts finally closed Oct. 1, 1924, to Oct. 31, 1929.. $1, 749, 714. 898
Collections from stock assessments
136, 633, 736
Earnings collected (unavailable as separate item for 1,155
banks finally closed to Oct. 31, 1933)
83,119, 755
Offsets allowed and settled (against assets)
213, 321, 746
Unpaid balance Reconstruction Finance Corporation loans..
126, 799, 610
Total
2, 309, 589, 745
Disposition of collections:
Dividends paid by receivers to unsecured creditors (including dividends paid to secured creditors of 815 banks
completely liquidated to Oct. 31, 1929)
1, 005, 694, 950
Dividends paid by receivers to secured creditors (unavailable as separate item for 815 banks completely liquidated to Oct. 31, 1929)
25, 575, 414
Distributions by conservators to unsecured creditors
206, 234, 787
Distributions by conservators to secured creditors
26, 706, 800
Payments to secured and preferred creditors, including disbursements for the protection of assets, and for accounting purposes, dividends paid secured creditors of all
trusts finally closed Oct. 1, 1924, to Oct. 31, 1929
664, 064, 356
Offsets allowed and settled (against liabilities)
213, 321, 746
Payment of receivers' salaries, legal and other expenses. __
98, 974, 466
Payment of conservators' salaries, legal and other expenses.
11, 308, 788
Amount returned to shareholders' agents in cash
4, 709, 679
Cash balances in hands of Comptroller and receivers
52, 998, 759
Total
2, 309, 589, 745
In addition to the above record of distribution, there have been
returned to shareholders through their duly elected agents assets of
a book value of $18,751,613. Total secured and unsecured claims
proved as indicated by receivers' reports aggregated $2,043,802,353.
The outstanding circulation of these 2,776 receiverships at date of
failure was $170,762,785, secured by United States bonds on deposit
with the Treasurer of the United States of the par value of $180,725,531, while total deposits at date of failure amounted to $2,341,751,473.
Active receiverships as of October SI, 1935
The 1,405 national banks that were, as of October 31, 1935, still in
charge of receivers and in process of liquidation had assets, including
assets acquired subsequent to their failure, aggregating $2,743,726,049.
The capital of these banks was $226,005,105, and there had been
levied by the Comptroller of the Currency to October 31, 1935, stock
assessments against their shareholders in the amount of $218,073,855.
The collections from these assets, including earnings, offsets allowed
and collections from stock assessments, as reported by receivers to
September 30, 1935, amounted to 54.80 percent of such assets and
stock assessments. Total earnings collected by receivers from the
assets of these banks amounting to $79,399,677, were $5,796,768 or
7.88 percent in excess of total expenses incurred. These collections
the disposition thereof were as follows:
Digitized forand
FRASER
KEPORT OF THE COMPTROLLER OF THE CURRENCY
31
Liquidation statement, 1,405 active receiverships as of Oct. 81, 1985
Collections:
Collections from assets
_
_. $1, 307, 383, 197
Collections from stock assessments
88, 479, 558
Earnings collected
79, 399, 677
Offsets allowed and settled (against assets)
147, 786, 116
Unpaid balance Reconstruction Finance Corporation loans.
126, 799, 610
Total-
-
Disposition of collections:
Dividends paid by receivers to unsecured creditors
Dividends paid by receivers to secured creditors
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors
Payments to secured and preferred creditors, other than
through dividends
Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets
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—
1, 749, 848, 158
706, 462, 507
16, 808, 507
205, 390, 490
26, 623, 896
499, 015, 295
147, 786, 116
21, 159, 679
62, 375, 639
11, 227, 270
52, 998, 759
1, 749, 848, 158
In addition to the above record, it is found that total secured and
unsecured claims proved as reported by receivers to September 30,
1935, aggregated $1,575,226,757. The outstanding circulation of the
1,405 receiverships at date of failure was $111,714,033, secured by
United States bonds on deposit with the Treasurer of the United
States of the par value of $118,016,760. Total deposits of these banks
at date of failure amounted to $1,873,900,976, while borrowed money
consisting of bills payable, rediscounts, etc., totaled $369,790,611.
Receiverships terminated, year ended October SI, 1935
During the year ended October 31, 1935, 152 receiverships were
liquidated and finally closed, in addition to which 11 receiverships
were restored to solvency and either reopened or sold to other institutions. The 152 receiverships finally closed had assets, including
assets acquired subsequent to their failure, aggregating $66,979,880.
The capital of these 152 banks was $9,385,000 and assessments
against shareholders levied by the Comptroller of the Currency
aggregated $8,955,000. The collections from these assets, including
earnings, offsets allowed, and collections from stock assessments as
indicated by receivers' final reports, amounted to 58.67 percent of
such assets and stock assessments. Total income earnings collected
by receivers from the assets of these banks amounted to $2,244,670
or 72.37 percent of total expenses incurred. These collections and
the disposition thereof were as follows:
Liquidation, statement, 152 administered receiverships finally closed, year ended
Oct. 81, 1985
Collections:
Collections from assets
Collections from stock assessments
Earnings collected
Offsets allowed and settled (against assets)
Total
$32, 776, 896
4, 643, 669
2, 244, 670
4, 889, 170
4% 554, 405
32
REPOKT OF THE COMPTROLLER OF THE CURRENCY
Liquidation statement, 152 administered receivershipsfinallyclosed, year ended
Oct. 31, 1985—Continued
Disposition of collections:
Dividends paid by receivers to unsecured creditors
$21, 260, 389
Dividends paid by receivers to secured creditors
2, 291, 378
Distributions by conservators to unsecured creditors
844, 297
Distributions by conservators to secured creditois
82, 904
Payments to secured and preferred creditors, other than
through dividends
11,655,620
Offsets allowed and settled (against liabilities)
4, 889, 170
Disbursements for the protection of assets
220, 865
Payment of receivers' salaries, legal and other expenses
3, 020, 184
Payment of conservators' salaries, legal and other expenses
81, 518
Amount returned to shareholders' agents in cash
208, 080
Total
44, 554, 405
In addition to the above record of distribution, there were returned
to shareholders through their duly elected agents assets of a book
value of $2,154,072. Total secured and unsecured claims proved as
indicated by receivers' final reports aggregated $40,922,756. The
outstanding circulation of these 152 closed receiverships at date of
failure was $3,444,401, secured by United States bonds on deposit
with the Treasurer of the United States of a par value of $3,533,260.
Total deposits of these banks at date of failure amounted to $44,122,328, while borrowed money consisting of bills payable, rediscounts,
etc., totaled $9,483,622.
From the above it will be noted that the average percentage of all
dividends paid on the aggregate of secured and unsecured claims of
$40,922,756 proved against the 152 receiverships that were finally
closed during the year ended October 31, 1935, but not including the
11 banks restored to solvency which paid 100 percent, was 59.82 percent. If payments other than dividends to secured and preferred
creditors, offsets, and other disbursements, amounting to $16,765,655,
were included with the dividends paid in this calculation, the total
disbursements to creditors would amount to $41,244,623, or 71.50
percent of the aggregate of claims proved plus secured and preferred
iabilities paid, offsets allowed and settled, and other disbursements,
or total basic liabilities amounting to $57,688,411.
Expenses incident to the administration of the 152 trusts, such as
receivers7 and conservators' salaries, legal and other expenses,
amounted to $3,101,702, or 4.08 percent of the book value of the
assets and stock assessments administered, or 6.96 percent of collections from assets and stock assessments, including offsets allowed.
The assessments against shareholders averaged 95.42 percent of their
holdings and total collections from such assessments as were levied
amounted to 51.86 percent of the amount assessed.
f
Receiverships terminated, 1865-1935
•
From the date of the first failure of a national bank in 1865 to the
close of business October 31, 1935, 1,527 receiverships have been administered and the trusts closed or the affairs thereof restored to
solvency. Included in this number are the 156 banks restored to
solvency, 11 in 1935, and 152 the affairs of which were finally closed
during tiie year 1935. The 1,371 banks administered by receivers
had assets, including assets acquired subsequent to their failure,
Digitized foraggregating
FRASER
$850,063,331. The capital of these 1,371 banks was
REPORT OF THE COMPTROLLER OF THE CURRENCY
33
$137,455,420 and there were levied by the Comptroller of the Currency stock assessments against their shareholders in the amount of
$96,356,912. The collections from these assets including earnings,
offsets allowed, and collections from stock assessments as indicated
by receivers' final reports, amounted to 59.14 percent of such assets
and stock assessments. These collections and the disposition thereof
were as follows:
Liquidation statement, 1,871 administered receiverships finally closed, 1865-1985
Collections:
Collections from assets, including earnings for 1,155 banks
finally closed to Oct. 31, 1933, and for accounting purposes,
dividends paid secured creditors of all trusts finally closed
Oct. 1, 1924, to Oct. 31, 1929
$442, 331, 701
Collections from stock assessments
48, 154, 178
Earnings collected (unavailable as separate item for 1,155
banks finally closed to Oct. 31, 1933)
3,720,078
Offsets allowed and settled (against assets)
65, 535, 630
Total
559,741,587
Disposition of collections:
Dividends paid by receivers to unsecured creditors (including
dividends paid secured creditors of 815 banks completely liquidated to Oct. 31, 1929)
299, 232, 443
Dividends paid by receivers to secured creditors (unavailable
as separate item for 815 banks completely liquidated to
Oct. 31, 1929)
8, 766, 907
Distributions by conservators to unsecured creditors
844, 297
Distributions by conservators to secured creditors
82, 904
Payments to secured and preferred creditors, including disbursements for the protection of assets, and for accounting
purposes, dividends paid secured creditors of all trusts
finally closed Oct. 1, 1924 to Oct. 31, 1929
143, 889, 382
Offsets allowed and settled (against liabilities)
65, 535, 630
Payment of receivers' salaries, legal and other expenses
36, 598, 827
Payment of conservators' salaries, legal and other expenses
81,518
Amount returned to shareholders' agents in cash
4, 709, 679
Total
559, 741, 587
In addition to the above record of distribution, there were returned
to shareholders through their duly elected agents, assets of a book
value of $18,751,613. Total secured and unsecured claims proved as
indicated by receivers' final reports aggregated $468,575,596. The
outstanding circulation of these 1,371 closed receiverships at date of
failure was $59,048,752, Fecured by United States bonds on deposit
with the Treasurer of the United States of a par value of $62,708,771,
while total deposits at date of failure amounted to $463,236,715.
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 1,371 receiverships that have been finally closed,
but not including the 156 restored to solvency which paid 100 percent,
was 65.93 percent. If payments other than dividends 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 $518,351,563 or
76.45 percent of claims proved plus other liabilities paid, but not
included in the figure above of proved claims, or $678,000,608.
34
REPORT OF THE COMPTROLLER OF THE CURRENCY
Expenses incident to the administration of the 1,371 closed trusts,
such as receivers' salaries, legal and other expenses, amounted to
$36,680,345, or 3.88 percent of the book value of the assets and stock
assessments administered, or 6.55 percent of collections from assets
and stock assessments, including offsets allowed. The assessments
against shareholders averaged 70.01 percent of their holdings and
total collections from such assessments as were levied amounted to
49.97 percent of the amount assessed.
Total liquidation operations, year ended Oct. 31, 1935
Total liquidation operations of all insolvent national banks for the
year ended October 31, 1935, as reported by receivers to September
30, 1935, were as follows:
Liquidation statement, summary for year ended Sept. SO, 1935
Collections:
Cash balances in hands of Comptroller and receivers, Oct. 1,
1934
$64, 861, 901
Collections from assets
291, 026, 711
Earnings collected.
24, 071, 759
Collections from stock assessments
21, 497, 481
Offsets allowed and settled (against assets)
21,915,993
Total
-
-
— 423, 373, 845
Disposition of collections:
Dividends paid by receivers to unsecured creditors
Dividends paid by receivers to secured creditors
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors
Payments to secured and preferred creditors, other than
through dividends
Offsets allowed and settled (against liabilities)
._
Disbursements for the
protection of assets
1
Payment of receivers salaries, legal and other expenses
Payment of conservators' salaries, legal and other expenses
Amount returned to shareholders' agents in cash
Decrease in unpaid balance Reconstruction Finance Corporation loans
Cash balances in hands of Comptroller and receivers
Total
204, 682, 165
14, 659, 245
40, 427, 006
6, 451, 508
1
78, 355, 547
21, 915, 993
4, 632, 713
23, 479, 514
4, 034, 156
208, 080
847, 649
52, 998, 759
423, 373, 845
It will be noted from the above that the percentage of liquidation
costs to total collections from all sources, including offsets allowed for
the year ended September 30, 1935, was but 7.67 percent.
i Credit adjustment in accordance with revised figures submitted by receivers.
REPORT OF THE COMPTROLLER OP THE CURRENCY
35
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,
Apr. 14, 1865, to Oct. 31, 1935
Total assets taken charge of by receivers
Disposition of assets:
Collections from assets (including earnings collected for
1,155 banks completely liquidated to Oct. 31,1933) _._.
Offsets allowed and settled (against assets)
Losses on assets compounded or sold under order of
court
—
Book value of assets returned to shareholders' agents . . .
Book value of remaining assets
TotalCollections:
Collections from assets as above
..
Collections from stock assessments
Earnings collected: Interest, premiums, rents, etc. (unavailable as separate item for 1,155 banks completely
liquidated to Oct. 31, 1933)
.._.
Offsets allowed and settled as above (against assets)
Unpaid balance ^Reconstruction Finance Corporation
loans
Total,
Disposition of collections:
Dividends paid by receivers to unsecured creditors
(including dividends paid to secured creditors for 815
banks completely liquidated to Oct. 31, 1929)
Dividends paid by receivers to secured creditors (unavailable as separate item for 815 banks completely
liquidated to Oct. 31, 1929)
Distributions by conservators to unsecured creditors...
Distributions by conservators to secured creditors
Payments to secured and preferred creditors, including
disbursements for protection of assets
Offsets allowed and settled (against liabilities)
Payment of receivers' salaries, legal and other expenses.
Payment of conservators' salaries, legal and other expenses
Amount returned to shareholders' agents in cash
Cash balances in hands of Comptroller and receivers...
Total.
Capital stock at date of failure
United States bonds held at failure to secure circulating
notes
United States bonds held to secure circulation, sold and
circulation redeemed
Circulation outstanding at date of failure
Amount of assessments upon shareholders
Total deposits at date of failure
Borrowed money: Bills payable, rediscounts, etc., at
date of failure (unavailable for 1,086 banks completely
liquidated to Oct. 31,1932)
Claims proved (secured and unsecured)
Closed receiverships,
1,3711
Active receiverships, 1,405
$850,063,331
$2, 743, 726,049 $3,593,789,380
442, 331, 701
65,535, 630
Total receiverships,
2,776 i
1,307,383,197
147, 786,116
1,749,714,898
213,321, 746
223,693,142
1,064,863,594
547,137,529
18,751,613
1,064,863, 594
850,063,331
2,743,726,049
3,593,789,380
442,331,701
48,154,178
1,307,383,197
88,479,558
1,749,714,898
136,633,736
3,720,078
65,535,630
79,399,677
147, 786,116
83,119,755
213,321,746
126,799,610
126,799,610
559,741, 587
1,749,848,158
2,309,589,745
299,232,443
706,462,507
1,005,694,950
8, 766,907
844, 297
82,904
16,808, 507
205,390,490
26,623,896
25,575,414
206, 234, 787
26,706,800
143, 889,382
65, 535, 630
36,598,827
520,174,974
147, 786,116
62,375, 639
664,064,356
213, 321, 746
98,974,466
11,227,270
52,998,759
11,308,788
4, 709,679
52,998,759
323,444,387
18,751,613
81, 518
4,709,679
559,741,587
1, 749,848,158
2,309,589, 745
• 160, 355,420
226,005,105
* 386,360,525
62,708,771
118,016,760
180,725,531
62, 708,771
59,048, 752
96,356,912
463,236, 715
180, 725, 531
118,016, 760
170, 762, 785
111,714,033
314,430,767
218,073,855
1,878,514,758 2,341,751,473
29,485,893
468, 575, 596
389,790,611
399,276,504
1,575, 226, 757 2,043,802,353
i Does not include 156 banks restored to solvency and 1 bank in connection with which receiver's commission
was revoked as of date of issuance.
1
Includes $22,900,000 capital stock of 156 banks restored to solvency.
Data as to results of liquidation in 152 insolvent national banks
completely liquidated and finally closed, and 11 insolvent national
banks the affairs of which were restored to solvency during the year
ended October 31, 1935, are given in the following table:
National bank receiverships, the affairs of which were finally closed or restored to solvency during the year ended Oct. 81, 19S5
Capital
$200,000 $2,014,134
65,000
30,000
116,851
147,334
25,000
295,467
25,000
134,128
25,000
35,000
250,000
957,771
30,000
176,825
800,000 1,915,472
25,000
151,590
100,000
224,659
25,000
198,132
25,000
317,800
40, COO
200,589
25,000
98,218
25,000
217,019
50,000
1,428,607
50,000
496,761
100,000
528,018
25,000
170,893
40,000
25,000
901,530
30,000
175,064
50,000
309,681
25,000
4)76,578
50,000
25,000
162, 331
25,000
100,000 1,611,735
367, 229
50,000
380,625
50,000
385,014
50,000
Location
Title
1186
2500
2243
1339
1288
2334
2333
2305
1996
2133
2511
2258
2400
1095
2408
1419
1409
1302
1652
2547
1563
1822
1863
1981
2595
1723
1208
1247
2365
1535
1179
1239
1576
Albany, Ga
Aledo, 111.3
Alexandria, S. Dak.i
Ambrose, N. Dak
Aneta, N. Dak.39
Ansonia, Ohio 3
Ansted, W. Va.
Appleton, Wis.i...
Arlington, Ga
Ashland, Ky 3
Ashton, Iowa
Ballston Spa, N. Y.».._.
BeallsvilJe, Ohio 3
Beardsley, Minn
Beason, 111.*
Berwyn, Okla
Billings, Okla
Blossburg, Pa
Blythe, Calif
Brandon, Vt.»__.
..
Brandt, S. DakJ>
Brighton, Oilo
Brushton, N. Y
Burnet, Tex.»
Cambridge, Minn. 3
Carey, Ohio
Carrington, N. D a k A .
Casselton, N. DakA__
Cedar Grove, Ind. 3
Champlain, N. Y
Checotah, Okla
Cheraw, S. C
Cherry vale, Kans
Jan. 4,1928
Oct. 30,1933
Jan. 21,1933
Feb. 20,1930
June 3,1929
Aug. 15,1933
do.
June 23,1933
Mar. 8,1932
Sept. 22,1932
Oct. 31,1933
Feb. 2,1933
Sept. 26,1933
Jan. 21,1927
Sept. 29,1933
Nov. 6,1930
Oct. 17,1930
July 30,1929
Aug. 12,1931
Nov. 7,1933
Apr. 27,1931
Dec. 2,1931
Dec. 23,1931
Feb. 19,1932
Dec. 8,1933
Oct. 12,1931
Mar. 26,1928
Dec. 10,1928
Sept. 6,1933
Mar. 19,1931
Dec. 1,1927
Nov. 14,1928
May 7,1931
Apr.
Apr.
June
May
June
Mar.
Jan.
Oct.
May
Oct.
Oct.
Aug.
Aug.
Feb.
Mar.
Apr.
May
June
Mar.
Feb.
June
Aug.
Oct.
Oct.
Jan.
Oct.
Aug.
June
July
Apr.
Aug.
July
May
1060
2538
2368
2621
1978
1979
Chickasha, Okla. 3 .
Clarinda, Iowa
Cleves, Ohio 3
Clinton, Iowa» 3
Columbus, N.
J. _.
Craig, Colo.9
Do.»
New Georgia National Bank
Farmers National Bank...
Security National Bank
First National Bank
do.
.-do..
Ansted National Bank__
Citizens National BankFirst National Bank.
Ashland National BankFirst National Bank in...
First National Bank
.do
..do..
_do_.
.doBillings National Bank
Miners National Bank
First National Bank.
Brandon National BankFirst National Bank
.do
..doBurnet National Bank..
First National B a n k . . .
do
,.doCass County National Bank
Cedar Grove National Bank
First National Bank
do.
. do
Montgomery County National
Bank.
First National Bank
Clarinda National Bank
Hamilton County National Bank
Merchants National Bank
First National Bank
doCraig National Bank
July 5,1934
Nov. 29,1926
Nov. 6,1933
Sept. 9,1933
Dec. 15,1933
Feb. 18,1932
.-—do
Apr. 26,1935
Feb. 26,1935
Oct. 31,1935
do
Apr. 22,1935
June 29,1935
Sept. 6,1935
Borrowed
money
Total assets (bills
payand stock able, rediscounts,
etc.)
Date finally
closed or restored to solvency
Date receiver
appointed
Trust
no.
12,1935
4,1935
19,1935
17,1935
25,1935
1,1935
2,1935
9,1935
8,1935
4,1935
30,1935
28,1935
22,1935
5,1935
7,1935
5,1935
28,1935
19,1935
8,1935
20,1935
25,1935
24,1935
22,1935
11,1935
5,1935
15,1935
29,1935
15,1935
9,1935
12,1935
30,1935
20,1935
29,1935
200,000
50,000
100,000
100,000
50,000
25,000
25,000
910,191
579,423
211,281
272,440
312,755
458,152
Total deposits
$526,738
$721,845
36,309
16,842
34,988
18,238
81,303
185,954
62, 568
24,577
478,625
23,625
85,839
11,515
5,300
15,513
6,412
74,110
201,543
31,258
19,717
50,000
20,000
16,088
10,000
39,276
54,884
4,748
13,651
30,499
34,363
68,327
103,830
82,529
105, 269
25,841
27,000
64,239
250,000
79,989
66,264
120,344
252,056
81,105
42,295
161,423
1,167,522
175, 767
350, 617
80,421
232,031
792, 437
48,946
194,857
325,911
269,217
1, 252,541
233,446
253,116
159,623
599,132
436,865
125,893
182,499
240,772
00
Total divi- Percent
dends and dividends
distribupaid
tions paid
$363, 729
44.48
* 100
5,428
14. 95179
18,734
20.96
104,059
56.92
55,004 4 105. 776
2100
132, 709 « 34. 66866
27,084
32.55
409,084 * 107. 31
65,676 « 108. 78
65,072 4 112. 5
122,574 < 107.05
185, 259
77. 245
81,885 4 105. 413
5,300
30.7
115,277
85.62
685,337 7 61. 73
16,903
9.42
351, 250 * 105. 583
36,054
47.2
78,300
37.85
529,751
71.96
40,701
93.4
2 100
179,196
128,672
50.5
203,821
78.82
90, 314 4 106. 52
941, 778
77. 434
97, 795
77.12
79,136
30.04
27,865
14.63
2 100
230,407
41. 339
422,119 4 106. 516
62, 393
59.27
119,110 4 108. 5
66,400
68.6
40,409
14.55
i
3
o
o
O
Crary, N . Dak.<L_.
._
Crosby, N . DakCross Plains, Tex
Deland, Fla
1731
Deer Trail, Colo
- .__
1309 Delta, Colo .
939 Denver, Colo
Derry,
Pa.3
2534
1769 Dexter, Mo
3
2769 Dillonvale, Ohio
9
1152 East Grand Forks, Minn.
813 East St. Louis, 111
1098 Edgeley, N. Dak.«
1346 Edmore, N. D a k A .
1308 Eldorado Springs, Mo
1293 Eufaula, Ala
2740 Eureka, Kans.3
1657 Fairchild, Wis.9
1401 Fairview, Mo
1636 Finley, N. Dak.»
922 Florence, S. C
6
1430 Forman, N. Dak. . _
2283 Fort Collins, Colo
2634 Gallup, N. MexA_.
2473 Geneva, Ala.3
1618 Genoa, N. Y
2409 Glenvil, Nebr. 3
1458 Goodwin, S. Dak.9
1141 Grafton, N. Dak
1072 Haleyville, Ala
1691 Hankinson, N. Dak. e
1915 Harlem, Mont
2656 Hastings, Nebr. 1
2445 Havens ville, Kans. 2
2789 Headland, Ala.3
1581
2167
1600
1297
2?
GO
SS
00
2319
1473
1530
1449
2269
1351
2541
2332
1487
2391
2022
1886
1037
3
Henderson, Iowa
Hobson, Mont. 1 .
Hope, N . Dak.9
Horse Cave, Ky
Huntsville, Tenn
Independence, 3Kans
Jackson, Tenn.
Jefferson City, Mo. 1
Kerkhoven,3 Minn
Kosse, Tex.
Lafayette, Colo
La Grange, N. C
Lake City, S. C
Langdon, N . Dak. 1
See footnotes at end of table.
1562
First National Bank
do
Farmers National Bank
First National Bank
do
. do
Globe National Bank
First National Bank in
First National Bank
do
May 18,1931
Nov. 1,1932
June 13,1931
July 12, 1929
Oct. 13,1931
Sept. 25,1929
Oct. 1,1925
.
Nov. 3,1933
Oct. 23,1931
Mar. 15,1934
July 28,1927
do
May 22,1924
Drovers National Bank.
Jan. 31,1927
First National Bank
Mar. 8,1930
do
Sept. 23,1929
do
July 1,1929
East Alabama National Bank
Feb.
23,1934
Citizens National Bank
First National Bank
__ Aug. 18,1931
Sept.
17,1930
do
July 27,1931
Steele County National Bank
May
22,1925
First National Bank
Nov. 24,1930
do
Feb. 23,1933
Fort Collins National Bank
Dec. 19,1933
First National Bank in
Oct.
25,1933
Farmers National Bank..
July 2,1931
First National Bank.
Sept.
29,1933
do
Dec. 17,1930
do
.
May
25,1927
do
Dec. 17,1926
_ do
Sept. 28,1931
do
Jan.
21,1932
do
Jan. 2,1934
Exchange National Bank
Oct.
11,1933
First National Bank
Farmers & Merchants National Mar. 29,1934
Bank.
Farmers National Bank
July 28,1933
First National Bank
Dec. 26.1930
Security National Bank
Mar. 13.1931
First National Bank
Dec. 9.1930
. do
Feb. 9,1933
Commerical National Bank
_. Mar. 14,1930
Nov. 6,1933
Security National Bank
Aug. 10,1933
First National Bank
Jan. 6.1931
do
Sept. 18,1933
Kosse National Bank
May 9.1932
First National Bank
Jan. 11.1932
National Bank of La Grange
Farmers & Merchants National Oct. 18,1926
Bank.
Apr. 23,1931
First National Bank
J u n e 28,1935
July 15,1935
June 22,1935
Oct. 11,1935
J u l y 8,1935
Feb. 23,1935
Apr. 18,1935
Dec. 10,1934
Aug. 24,1935
July 11,1935
J u n e 19,1935
Aug. 23,1935
do
J u n e 13,1935
July 18,1935
Feb. 11,1935
Apr. 2,1935
Aug. 12,1935
Apr. 24,1935
June 26,1935
M a y 21,1935
J u l y 25,1935
Aug. 17,1935
Sept. 30,1935
Jan. 10,1935
Feb. 8,1935
N o v . 3,1934
Aug. 30,1935
Aug. 12,1935
Aug. 30,1935
Aug. 21,1935
Aug. 16,1935
Aug. 30,1935
M a y 29,1935
Dec. 19,1934
25,000
25,000
25,000
100,000
25,000
50,000
200,000
50,000
50, 000
50,000
50,000
200,000
85,000
25,000
50,000
100,000
50,000
25,000
25,000
25,000
150,000
25,000
100,000
50,000
50,000
25,000
30,000
25,000
50,000
25, 000
30,000
25,000
100, 000
25,000
60,000
173,064
191,699
259,416
1,903,070
122,977
791,400
5,438,014
14,665
29,036
59, 667
232, 710
21,700
91,625
376,954
66,109
104,870
119,835
1, 255, 287
45, 417
457, 555
4,318, 064
21.966
3,861
3,345
353,455
35,531
182,627
2, 326,194
485,437
632,380
623,582
1,095,082
498,391
188,742
474,908
1,056,330
55,500
49,479
14,400
107,368
294, 215
486,836
481,798
569,079
273,196
119,090
315,831
414, 340
77,764
292,730
338,553
387,059
260,333
32,076
127,052
113,973
212, 520
150,114
252, 281
1,812,866
223,935
477,477
896,959
419, 200
279,785
158,713
382,988
1,053,043
185,807
278,138
345,941
41,046
110, 624
14,000
26,851
72.968
318,438
17, 214
29,165
122, 506
105,394
23,118
27,892
70,018
130,412
49, 235
112,465
1,175,814
152,037
208,579
614,753
140,753
149,455
88,618
238,137
866,808
100, 507
123,704
173,041
53,758
22,831
38,479
206,068
31, 639
112,970
196, 565
134,535
143,012
86,549
23,147
470,584
48,541
27,023
45,397
30,178
24, 708
< 106.1857
2
100
J u n e 27,1935
Feb. 11,1935
J u n e 22,1935
Feb. 23,1935
M a y 28,1935
.do.
Nov. 23,1934
July 5,1935
Apr. 11,1935
M a r . 29,1935
J u l y 11,1935
Aug. 14,1935
Apr. 10,1935
25,000
30,000
25,000
25,000
25,000
250,000
100,000
200,000
25,000
25,000
25,000
25,000
100,000
211,592
157,544
308,188
489,684
143,523
6, 259,325
36, 602
60,048
55, 005
25,000
6,759
270,000
59,173
116, 565
390,078
64,950
5,046,248
60,602
15,700
21,141
304,925
29,357
3,338,489
315, 474
146,578
86,594
193,094
171,406
939,432
128,718
9,802
2,863
17, 000
21,474
79,282
23,118
111,560
42,481
719,644
83,949
57,011
17,486
35,238
2,542
288,121
< 108.162
39. 2516
15.76
83.9
58.7
» 76.4115
2 100
63.18
80.35
« 110.84
46.9
4.63 •
53.71
Apr. 23,1935
50,000
148,165
57,886
10,003
17.28
21,792
40,183
298,507
34,875
32, 077
56,000
81,605
30,323
31.4
3.96
2.3 33.85
94.55
50. 258
62. 539
2 100
55.06
« 108. 83
80. 3333
82. 622
8105. 99
26.65
42.7
23.33
2
100
42.01
51.4
22.18
49.77
21.14
* 109. 333
100
to 111. 28
88.1
« 105. 25
9.88
57.47
44. 35
23.22
31. 666
National bank receiverships, the affairs of which were finally closed or restored to solvency during the year ended Oct. SI, 19S5—Continued
Trust
no.
Location
1290 Langdon, N . Dak A
1814 Laredo, Tex.i
1273 Larimore, N. Dak.»
667 Laurel, Mont
1063 Leeds, N. Dak
1379 Litchville, N. Dak.«
1070 Malvern, Iowa
1744 Mathis, Tex
1291 Mayville, N. Dak.»
1434 Mendon, Ohio.
2116 Milton, N. Dak.«
2492 Mineral Wells, Tex.i
1187 Minnewaukan,1 N. Dak. 9 .
1556 Monessen, Pa.
1307 Montezuma, Iowa
2811 Mott, N. Dak.3
1854 Mound City, 111
1451 Naper, Nebr
2390 Newell, Iowa 3 3
2389 Oakland, Nebr.
2440 Oxford, Ala. 3 ...
1647 Parshall, N. Dak.»
1018 Pepin, Wis
2275 Pitsburg, Ohio»
1645 Plaza, N. Dak.»___
1560 Point Pleasant, W. Va.*..
1591 Prattville, Ala
1666 Prineville, Oreg
1517 Redmond, Oreg1281 Reed City, Mich
1349 Rising Star, Tex
1270 Rockford, Iowa
1519 Rockmart, Ga.
1878
1536
1282
1644
1279
1575
1628
Roseville, I1U
Rouses Point, N. Y .
Ruthven, Iowa
Ryder, N. Dak.»
Sanborn, N. Dak
Savona, N. Y
Scobey, Mont
Title
Date receiver
appointed
Date finally
closed or restored to solvency
First National Bank in._
First National Bank
National Bank of Larimore_
Citizens National Bank
First National Bank
.do.
.do..
-do..
.do..
.do..
.do..
_do..
_do.
Citizens National Bank
First National Bank
.do.
.do.,
-do..
.do..
.do...
-do...
.do..
..do...
.do..
-do..
Merchants National Bank.
First National Bank
Prineville National B a n k . .
First National Bank
Reed City National Bank..
First National Bank
.do..
Farmers & Merchants National
Bank,
.do.
First National Bank.
.do
.do
-doSavona National BankFirst National Bank
June 14,1929
Nov. 30,1931
Mar. 5,1929
Jan. 4,1923
Dec. 1.1926
June 30,1930
Dec. 10,1926
Oct. 15,1931
June 25,1929
Nov. 29,1930
Aug. 11,1932
Oct. 27,1933
Jan. 6,1928
Apr. 17,1931
Sept. 16,1929
Apr. 23,1934
Dec. 19,1931
Dec. 12,1930
Sept. 18,1933
.do.
Oct. 10,1933
Aug. 8,1931
July 23,1926
Feb. 13,1933
Aug. 8,1931
Apr. 22,1931
June 1,1931
Sept. 1,1931
Feb. 12,1931
May 2,1929
Mar. 12,1930
Feb. 23,1929
Feb. 13,1931
Oct.
May
June
Oct.
Jan.
Aug.
Mar.
Sept.
June
Sept.
May
Oct.
Aug.
Oct.
May
Aug.
May
Sept.
Nov.
Oct.
June
Sept.
May
Sept.
Sept.
Mar.
Sept.
Apr.
Apr.
Apr.
June
July
June
29,1935
22,1935
10,1935
19,1935
31,1935
23,1935
21,1935
20,1935
18,1935
14,1935
25,1935
31,1935
21,1935
29,1935
18,1935
23,1935
7,1935
24,1935
27,1934
23,1935
26,1935
30,1935
1,1935
23,1935
11,1935
30,1935
23,1935
23,1935
24,1935
13,1935
18,1935
25,1935
3,1935
$50,000
250,000
25,000
35,000
25,000
25,000
50,000
25,000
50,000
25,000
25,000
60,000
25,000
100,000
50,000
50,000
25,000
25,000
25,000
50,000
25,000
25,000
25,000
25,000
25,000
100,000
50,000
50,000
25,000
25,000
25,000
50,000
40,000
$351,375
250,000
228,557
413,489
195,332
233,223
425,598
161,787
307,653
342,406
127,081
60,001
239,995
100,013
Dec.
Mar.
May
Aug.
Apr.
May
July
Aug.
Apr.
Feb.
Sept.
Mar.
Feb.
Sept.
13,1935
12,1935
19,1935
6,1935
14,1935
6,1935
18,1935
50,000
50,000
25,000
25,000
25,000
25,000
30,000
183,205
903,354
296,661
203,387
176,802
200,177
334,980
31,1931
19,1931
2,1929
8,1931
10,1929
6,1931
14,1931
Capital
Total
and stock
660,275
216,444
153,746
178,328
232,657
306,949
69,151
257,695
372, 511
747,251
226,249
343,123
308,041
257,595
362,560
353,742
Borrowed
money
(bills payable, rediscounts,
etc.)
Total deposits
$75,263
160,000
$164,094
110,000
14,208
17,893
45,415
20,000
25,334
21,026
66,570
163,618
232,905
128,672
152,358
231, 793
79,941
163,380
237, 560
50,375
172,443
102,400
72,729
19,840
10,270
496,376
488,797
121,418
45,676
64,000
10,561
48,775
164,078
104,199
119,666
251,640
21,000
50,226
84,421
177,372
28,615
18,300
23,047
31,181
38,492
20,500
128,328
315,870
81,599
247, C82
212,659
167,692
154,787
199,079
99,000
25,508
48,025
18,422
6,602
81,329
730,005
194,631
87,152
182,124
178,931
Total divi- Percent
dends and dividends
distribupaid
tions paid
$68,114
45.02
84.35
134,960
68.93
98,704
6.065
17,413
82. 949
95,409
56.7
79,447
73.76
148,656
84.18
59,141
87.4
135,145
67.8
153,690
23
13,115
12,352
18. 555445
127,040
83.47
49,639
48.1
267,669
57.84
462,218 12 100
97,044
82.57
23,634
70.35
UOO
91.245 * 107.712
95,030 • 101.7
32,200
24.45
128,119
55.665
21,813 • 107. 23873
3,413
3.333
71,807
85. 0582
97,159
13.9
43,140
74.95
58,197
29.28
68,475
33.65
46.449
30.5
99,096
68.26
132,266
73.45
29,775
560, 565
142,423
19,293
49, 712
107,284
3,232
30.0761
79.086
77.24
16.518
86
63.08
1.37
CO
00
3
3
o
o
Peoples National Bank....
1578 Shakopee, Minn.'
_.. First National Bank
2479 Shawano, Wis.8
1849 Starkweather, N. Dak.«__
.do1348 Streeter, N. Dak.«
Citizens National Bank.
1630 Stronghurst, 111.1
First National Bank
1345 Tallassee, Ala
.do.
1637 Terrell, Tex.i____
__
.do..
2372 Thief River Falls, Minn.*.
.do..
1317 Tower City, N. Dak.»
.do1565 Tracy, Minn.*
.do1686 Trafalgar, Ind
Farmers National Bank
1705 TJnionville, N. Y
First National Bank
1646 Van Hook, N. Dak.«
do
1123 Waco, Tex.*
Provident National Bank.
1442 Walhalla, N. Dak.«
First National Bank
Warren National Bank
959 Warren, Minn
First National Bank
1851 Warsaw, N. Car
1404 Washburn, N. Dak.»
.do2180 Washington, Mo.'.
..do1024 Waubay, S. Dak1
..do2250 Waukesha, Wis.
National Exchange Bank.
1512 Waverly, I1L_
First National Bank
744 Webster, S. Dak
.do
2245 Wellington, Colo
..do2137 Wendell, Minn.»
-do_.
2144 Wessington, S. Dak.o
Citizens National Bank
1355 White Hall, 111
Peoples First National Bank..
2566 Wichita Falls. Tex.i
Security National Bank
1612 Willow City, N. Dak.«... Merchants National Bank
670 Wilmington, N. C_
Commercial National Bank
1019 Woonsocket, S. Dak
First National Bank
2467 Wyoming, nu___
National Bank of Wyoming....
1820 Youngstown, Ohio *
Second National Bank in
1746 Yuma, Colo
First National Bank
Total..
May
Oct.
Dec.
Mar.
July
Mar.
July
Sept.
Dec.
Apr.
Sept.
Oct.
Aug.
Mar.
Dec.
Dec.
Dec.
Sept.
Nov.
Aug.
Jan.
Feb.
Jan.
Jan.
Sept.
Oct.
Mar.
Nov.
June
Jan.
July
Oct.
Nov.
Oct.
13,1931
26,1933
17,1931
10,1930
17,1931
6.1930
27,1931
12,1933
10.1929
29,1931
23,1931
5.1931
8,1931
26,1927
5.1930
5,1925
17.1931
29.1930
18.1932
20,1926
27,1933
7.1931
2,1924
24.1933
23.1932
3.1932
20.1930
14.1933
27.1931
31,1923
23,1926
25,1933
30,1931
16,1931
July 9,1935
Jan. 3,1935
June 27,1935
Sept. 7,1935
Oct. 31,1935
July 22,1935
July 30,1935
Oct. 3,1935
M a y 28,1935
Oct. 31,1935
Mar. 29,1935
Apr. 11,1935
Sept. 28,1935
Sept. 7,1935
June 19,1935
Feb. 8,1935
Aug. 10,1935
Aug. 23,1935
June 27,1935
Aug. 7,1935
Sept. 20,1935
Feb. 7,1935
Jan. 31,1935
July 8,1935
July 3,1935
Sept. 12,1935
Oct. 31,1935
Apr. 13,1935
July 30,1935
Oct. 31,1935
Jan. 26,1935
Apr. 18,1935
July 31,1935
July 29,1935
25,000
100,000
25,000
25,000
75,000
25,000
200,000
50,000
25,000
50,000
25,000
30,000
25,000
300,000
25,000
50,000
50,000
25,000
25,000
25,000
200,000
100,000
25,000
25,000
50,000
30,000
100,000
200,000
25,000
200,000
50,000
50,000
200,000
40,000
10,170,000
244,246
37,804
156,926
131,575
341,664
76,061
386,541
200,000
1,015,628
136,024
20,041
42,105
80,095
54,443
166,496
176,395
770,317
298,281
300,000
154,687
543,414
188,522
228,783
832,364
249,373
205,641
545,698
378,462
128, 531
220,821
283,188
688,816
1,297, 787
150, 046
3,049,140
406,929
17,936
19,000
55,528
301,754
22,267
100,130
12,519
34,595
50,000
18,371
203,499
70,000
47,595
19,219
50,684
63,574
57,662
27,348
484,361
74,596
70,204
2,026,264
195,852
477,518
281,442
202,835
37,449
114,791
75,934,880
323,469
50,449
80,324
16,678
727,559
60,923
572, 642
84,135
644, 766
178, 946
80,142
341,515
34,047
98, 056
672,870
171,508
263,057
241,585
58, 111
69,154
152,171
400,926
9,483,622 44,122,328
78,833
63.75
S100
44.1
27,020
10,86
20,727
32.66
29,246
39.465
134,213
51.789 M02.656
124,049 * 109.75
62.18
38,352
65.13
317,491
71,661 <106.95
79.906
493,271
10
20,683
281,643
93.333
10,882
11.7
18.194
64,002
24.6
7,984
43.17
42.790
68.63
444,139
20.67
35,008
78.52
159,790
85.67
208,884
42.0949
97,647
63.6
30,972
77.7
42,968
4.57
8,496
69.77
267,759
2,107 100
36.77
33,204
25.683
433,314
65.588
115,374
U00
50.97
103,653
65,460
O
3
W
o
O
24,478,968
=
i Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation.
* Restored to solvency.
»Formerly in conservatorship.
< Principal and interest paid in full.
»Interest partially paid.
• 30 percent principal payment plus 4.66866 percent interest in full, the balance of 70 percent principal having been realized by the single creditor of the trust from the proceeds of
collateral collections.
* Dividend of 50 percent paid through or by purchasing bank and 11.73 percent paid by Comptroller's checks.
s Including dividends paid through or by purchasing bank. Principal and interest paid in full.
• Final closing effected through "Termination loan" obtained from Reconstruction Finance Corporation.
io Including dividends paid through or by trustees. Interest partially paid.
u
Dividend of 74 percent paid through or by purchasing bank and 2.4115 percent paid by Comptroller's checks.
12
Dividend paid through or by purchasing bank.
O
CO
CO
40
REPORT OF THE COMPTROLLER OF THE CURRENCY
PROPORTION OF LIQUIDATION E X P E N S E TO TOTAL COLLECTIONS FOR VARIOUS
PERIODS AND GROUPS OF BANKS
Balance of collections
Expense of liquidation over
expenses incurred
Dollars
Total operations year ended
Oct. 31,1935
Total operations period 1865 to
Oct. 31,1935
152 receiverships closed year
ended Oct. 31,1935
1,371 receiverships closed 1865
to Oct. 31,1935
Percent
Dollars
Total collections
Percent
Dollars
Percent
27,513,670
» 7.67
330,998, 274
92.33
358,511,944
100
110,283,254
5.05
2,072,506.881
94.95
2,182,790,135
100
3,101, 702
6.96
41,452, 703
93.04
44, 554,405
100
36,680,345
6.55
523,061,242
93.45
559, 741,587
100
' Includes 1.78 percent representing a new item of expense, namely interest paid to the Reconstruction
Finance Corporation on loans to receivers for dividend purposes.
Collections include amounts of "Offsets allowed." (See chart p. 3.)
STATE BANK FAILURES IN THE DISTRICT OF COLUMBIA
Receiverships, year ended October 81, 1935
During the year ended October 31, 1935, receivers were appointed
for no additional insolvent State banks or banks incorporated under
the laws of the District of Columbia, located in the District of
Columbia.
Active receiverships, as of October 31, 1935
The 14 State banks, including 2 banks incorporated under the laws
of the District of Columbia, that were as of October 31, 1935, 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 $22,470,834. The capital
of these banks was $2,252,920, and there had been levied by the
Comptroller of the Currency to October 31, 1935, stock assessments
against their shareholders in the amount of $1,752,920. The collections from these assets, including earnings, offsets allowed and collections from stock assessments as reported by receivers to September
30, 1935, amounted to 53.04 percent of the total of such assets and
stock assessments. Total earnings collected by receivers from the
assets of these banks amounted to $797,820, or 89.98 percent of total
expenses incurred. These collections and the disposition thereof
were as follows:
Liquidation statementj 14 active receiverships, Oct. 81, 1985
Collections:
Collections from assets
Collections from stock assessments
Earnings collected
Offsets allowed and settled (against assets)
Unpaid balance Reconstruction Finance Corporation loans
Total
$10, 410, 069
164, 401
797, 820
1, 476, 730
1, 390, 009
14, 239, 029
REPORT OF THE COMPTROLLER OF THE CURRENCY
41
Liquidation statement, 14 active receiverships, Oct. SI, 1985—Continued
Disposition of collections:
Dividends paid by receivers to unsecured creditors
$4, 194, 355
Dividends paid by receivers to secured creditors
34, 995
Distributions by conservators to unsecured creditors
2, 999, 225
Distributions by conservators to secured creditors
68, 803
Payments to secured and preferred creditors other than
through dividends
4, 009, 408
Offsets allowed and settled (against liabilities)
^
1, 476, 730
Disbursements for the protection of assets
97, 776
Payments of receivers' salaries, legal and other expenses
663, 582
Payment of conservators' salaries, legal and other expenses
223, 080
Cash balances in hands of Comptroller and receivers
471, 075
Total
14,239,029
In addition to the above record of distribution, it is found that total
secured and unsecured claims proved against these 14 receiverships
as reported by receivers to September 30, 1935, aggregated $13,275,229
Total deposits of these banks at date of failure amounted to
$15,120,452, while borrowed money consisting of bills payable,
rediscounts, etc., totaled $4,536,605.
UNLICENSED NATIONAL BANKS
Status as of March 16, 1938
On March 16, 1933, at the close of the banking holiday, there
remained 1,400 unlicensed national banks, exclusive of 10 unlicensed
State banks located in the District of Columbia. In addition to these
1,400 unlicensed national banks, 5 national banks licensed prior to
March 16, and 1 bank licensed after such date were subsequently
closed through revocations of license, and 1 bank which suspended
prior to the date of the banking holiday continued as a closed institution, making in all 1,407 national banks, which, with the addition of
the 10 District of Columbia State banks unlicensed as of March 16,
resulted in an aggregate total of 1,417 banks under the supervision of
the Comptroller of the Currency, the affairs of which had not been
definitely and finally disposed of on March 16, 1933.
While no comparable deposit figures are available for all of these
1,417 banks, it is found that deposits as of December 31, 1932, the
last call date prior to the banking holiday, for 312 of such banks disposed of to December 31, 1933, through having been licensed, placed
in receivership or otherwise in liquidation without the appointments
of conservators, aggregated $319,342,522. The remaining 1,105
banks, including the 10 unlicensed District of Columbia State banks
which were placed in charge of conservators subsequent to March 16,
had total deposits according to conservators' first reports of condition
submitted to this office, amounting to $1,652,617,500. Total deposits
for the entire 1,417 banks licensed asl of March 16, 1933, as outlined
above were, therefore, $1,971,960,022.
i Questionnaires subsequently addressed to the 1,417 banks indicate total deposits at date of suspension as
$1,922,699,000.
42
REPORT OF THE COMPTROLLER OF THE CURRENCY
Administration of unlicensed national banks, November 1, 1984, to
October 81, 1985
Following reorganization and licensing operations to October 31 ,
1934, in connection with the 1,417 banks unlicensed upon March 16,
1933, as covered by my annual report for the year 1934, there remained
as of October 31, 1934, 21 banks still in charge of conservators out of
the original group of 1,417 banks. Completion of the program for
reorganization of unlicensed national banks was completed as of
February 6, 1935, on which date the last of the 21 banks in charge of
conservators as of November 1, 1934, were eliminated as unlicensed
banks in the manner described below. Of the 21 banks in charge of
conservators as of November 1,1934, 6 with total deposits of $21,796,137 had, however, been reorganized prior to November 1, 1934, with
resulting releases, amounting to $4,495,265, or 20.62 percent of such
total deposits, leaving 15 banks with deposits of $14,520,351 in which
no reorganizations had taken place.
During the 12-month period November 1, 1934, to October 31,1935,
2 of the 21 banks described above were licensed to resume business, 11
banks, including 9 in which reorganizations had been consummated—3
during the current year—were placed in charge of receivers, and 8 were
otherwise placed in liquidation following reorganizations. The 13
conservator banks reorganized during the current 12-month period as
described above, including the 2 banks licensed to resume business,
had total deposits of $14,520,351, while releases through the reorganizations thereof amounted to $5,336,363, or 36.75 percent of such total
deposits.
Organization data, together with figures as to capital, assets and
liabilities as reported by conservators, for the 21 banks remaining in
charge of conservators as of November 1, 1934, in total as well as
separately, for those groups of banks licensed, placed in receivership,
etc., to October 31, 1935, are given in the following table:
Unlicensed national banks remaining in charge of conservators as of Nov. 1, 1934, grouped in accordance with the disposition or status thereof\
as of Oct. Sly 1935, with various statistical data pertaining to such banks
Number of
banks
Groups of banks
Banks licensed
Banks placed in receivership (following reorganizations)
Banks placed in receivership (without prior reorganizations)
Banks otherwise placed in liquidation following reorganizations (in voluntary liquidation or in contemplation thereof)
Total banks in charge of conservators as of Nov. 1,1934
_..
2
9
2
Total borCapital at Total assets
Total demoney
Capital at date of con- per conserposits per rowed
per
conserdate of or- servators' vators' first conservators' vators'
first
ganization appointreports of
first reports
reports of
ments
condition
of condition
condition
$50,000
950,020
100,000
$75,000
3,350,020
150,000
$522,926
43,258, 211
3,644,622
$346,022
26,471,838
2,499,455
Deposits released
Percentthrough reage of
organizations deposits
during con- released
servatorship
$83,807
8,183,806
665,460
$243,591
5,141,361
70.39
30.91
63.53
8
440,000
857,000
10,622,663
6,999,173
2,084,602
4,446,676
21
1,540,020
4,432,020
58,048,422
36,316,488
11,017,675
9,831,628
44
REPORT OF THE COMPTROLLER OF THE CURRENCY
Administration of unlicensed national banks March 16, 1988, to
October 81, 1985
The 1,417 national and District of Columbia State banks, unlicensed
as of March 16, 1933, were reorganized or otherwise eliminated as
unlicensed banks prior to October 31, 1935. The last bank in the
group was in fact disposed of as of February 6, 1935, through the
appointment of a receiver. In making final disposition as such, of
the 1,417 national and District of Columbia State banks, unlicensed
as of March 16, 1933, 531 banks were licensed to resume business,
296 without intervening appointments of conservators. These 531
licensed banks had total deposits, as of December 31, 1932, for the
296 nonconservator banks, and as reported in conservators' first
reports of condition for 235 conservator banks, amounting to $577,284,608, while the reorganizations thereof, incident to issuance of
licenses, effected releases of deposits amounting to approximately
$522,969,591, or 90.59 percent of such total deposits.
Of the remaining 886 banks, 582 with deposits of $1,086,095,362
had been placed in receivership to October 31, 1935,
250 of such
banks having been reorganized prior to such receivers7 appointments.
These 250 banks for which receivers were appointed following reorganizations had total deposits of $422,632,718, while releases effected
through such reorganizations amounted to approximately $212,585,361, or 50.30 percent of such total deposits.
The remaining 304 banks with total deposits of $308,580,052 were
otherwise placed in liquidation following reorganizations, while
releases through such reorganizations amounted to. approximately
$212,404,676, or 68.83 percent of such total deposits. In all, it is
found that 1,085 banks out of the original 1,417 were
reorganized
incident to the licensing thereof or prior to receivers7 appointments,
to October 31, 1935, with releases effected through such reorganizations amounting to approximately 72.44 percent of total deposits of
the 1,085 banks.
Tables given herewith are supported by schedules appearing in
the appendix of this report and in reports for the years 1933 and 1934,
furnishing in detail for each unlicensed national or District of Columbia State bank information as to assets, deposits, releases of deposits,
etc., discussed above. Organization data, together with figures as to
capital, assets, and liabilities as
indicated by call reports of December
31, 1932, and by conservators7 first reports of condition, for the 1,417
unlicensed national and District of Columbia State banks, the affairs
of which had not been finally disposed of as of March 16, 1933, in
total as well as separately, for the various groups of licensed banks,
banks placed in receivership, etc., to October 31, 1935, are given in
the following table:
Unlicensed national banks as of Mar. 16, 1933, indicating, and grouped in accordance with, the disposition or status thereof as of Oct. 81, 19351
with various statistical data pertaining to such banks *
Number of
banks
Groups of banks
Banks licensed
Banks placed in receiverships (following reorganizations)
Banks placed in receivership (without prior reorganizations)
Banks otherwise placed in liquidation following reorganizations (in
voluntary liquidation or in contemplation thereof)
Total unlicensed banks as of Mar. 16, 1933
1
2
.
Capital as
Dec. 31,
Capital at of
1932, or as
date of or- reported
in
ganization conservators'
first reports
531 $33,114,300
250 23,365,020
332 21,388,000
304
22,978,000
1,417 100,845,320
Total borTotal assets Total deposits rowed
money Total deas of Dec. 31, as of Dec. 31, as
Percentof Dec. 31,
posits re1932, or as
1932, or as
age of
1932,
or as
leased
reported
in
reported in
deposits
reported
in
through
reconservators' conservators' conservators' organizations released
first reports
first reports
first reports
$577,284, 608
422, 632, 718
663,462, 644
$49, 727, 800 $748,873,291
46,225,020
610,002,279
61,432,500
873,836,804
41,072,500
308,580,052
454,689,763
198,457,820 2,687,402,137
2 1, 971, 960,022
Includes 10 unlicensed District of Columbia State banks.
Questionnaires subsequently addressed to the 1,417 banks indicate total deposits at date of suspension as $1,922,699,000
$40,717,601
67,213,175
55,903,037
$522,969,591
212,585,361
90.59
50.30
48,793,652
212,404,676
68.83
212,627,465
947,959,628
ORGANIZATION AND LIQUIDATION OF NATIONAL BANES
At the close of the current year, October 31, 1935, there were
in existence 5,431 national banking associations having authorized
common capital stock amounting to $1,261,316,181. These figures
include banks that had ceased business but had not gone into voluntary liquidation, and so remained technically in existence. During
the year ended October 31, 1935, there was a reduction of 158 in the
number of national banks, or a fraction less than 3 percent, and a
reduction of $65,604,720 in the amount of authorized common capital
stock, or approximately 4.9 percent. During the period under
discussion, however, there was a net increase of $57,558,217.50 in the
amount of preferred capital stock issued by all national banks under
the provisions of the act of March 9, 1933, so that the total amount
outstanding at the close of the period was $525,631,662.50. It will
be noted that the net result was a reduction of $8,046,502.50 in the
aggregate capital stock of all national banks for the year ended
October 31, 1935.
During the current year, there was an aggregate increase of $7,143,250 in the common capital stock of 172 national banks. Of this
number 24 banks, 3 of which also issued $190,000 of new stock for
cash, accomplished an increase of $1,469,200 by stock dividends
pursuant to the provisions of section 5142, U. S. It. S. Coincident
with retirement of preferred capital stock, 100 banks accomplished
an increase of $2,485,750 by stock dividends declared by their respective boards of directors pursuant to requirements of their articles
of association; 47 banks issued an aggregate of $2,908,300 of additional
common capital stock for cash; and 1 bank increased its common
capital stock by $90,000 through conversion of preferred capital
stock to common capital stock.
During this period, 403 banks issued preferred stock in the total
amount of $73,905,750. Preferred stock amounting to $65,863,328.33,
issued by 376 banks, was sold to the Reconstruction Finance Corporation; the remaining stock amounting to $8,042,421.67, was sold to
other purchasers, usually shareholders of the issuing banks. These
increases of capital stock were the result generally of continued efforts
on the part of the office of the Comptroller of the Currency looking
to improvement in the capital positions of national banking associations, so that all of them might provide the security afforded depositors by a reasonable ratio of sound capital structure to deposits.
Covering the entire period of national banking operations, up to
and including October 31, 1935, 14,345 national banking associations
have been authorized to begin business. Of these banks, 6,138
have voluntarily discontinued business and merged with other
national or State banks, consolidated with other national banking
associations under authority of the act of November 7, 1918, or gone
into voluntary liquidation in the manner provided by sections 5220
and 5221, U. S. It. S. Exclusive of banks which failed but which
46
REPORT OF THE COMPTROLLER OF THE CURRENCY
47
subsequently were restored to solvency, loss to the national banking
system since its inception on February 25,1863, through receiverships
has been 2,776. Thus the number of these receiverships has been
about 19 percent of the total number of banks organized.
During the year ended October 31, 1935, 189 national banks, with
total common capital stock of $18,767,750, among which were 16
with preferred capital stock aggregating $847,500, went into voluntary
liquidation. Of this number, 19, with common capital stock of
$695,000 and assets of $3,547,988, among which were 5 with preferred
capital stock aggregating $90,000, paid their depositors and quit
business; 131, with common capital stock of $13,237,500 and assets
of $146,873,721, including 7 with preferred capital stock aggregating
$427,500, were succeeded by other national banks; and 39, with common capital stock of $4,835,250 and assets of $56,653,356, among
which were 4 with preferred capital stock aggregating $330,000, were
succeeded by State banks. The group last referred to included two
banks each with $400,000 capital stock or more, with aggregate capital of $3,190,250 and aggregate assets of $39,000,721.
November 2, 1914, marked the beginning of the operation of the
Federal Reserve System. At that date, there were in existence
7,578 national banks, with aggregate common capital stock of
$1,072,492,175, as compared with total common capital stock of
$1,261,316,181 for the 5,431 national banks in existence on October
31, 1935; 2,226 national banks as permitted by the act of March 9,
1933, have issued preferred capital stock, the aggregate amount
outstanding at the close of the current year being $525,631,662.50.
Since 1914 there has been a net decrease of 2,147 in the number of
active national banks, but a net increase of $188,824,006 in the amount
of common capital stock, and in addition a further net increase in
capital through issuance during the last 2% years of preferred stock
amounting to $525,631,662.50. During this 21-year period, 3,693
new national banks were chartered, with aggregate common capital
stock of $552,656,600 and preferred capital stock of $54,764,300,
while 5,840 associations were closed voluntarily or otherwise.
During the year ended October 31, 1935, in addition to applications carried over from the previous year, 46 applications were received to organize national banks and to convert State banks into
national banking associations, with proposed capital stock aggregating $5,285,000. Of these applications, 39 with proposed capital
stock of $4,945,000 were approved; 12 with proposed capital stock
of $1,300,000 were rejected; and the remainder are still pending or
have been abandoned. During the year only 10 applications were
approved for the organization of new national banking associations
that would not acquire all or part of the business of some other bank.
From the approved applications carried over from the previous year
and the 39 applications approved during the current year, 49 national
banking associations with common capital stock of $4,140,000, 31 of
which also had preferred capital stock of $3,640,000, were authorized
to commence business. Of these 49 banks, 1 was located in the New
England States, 6 in the Eastern States, 11 in the Southern States,
17 in the Middle Western States, 8 in the Western States, 5 in the
Pacific States, and 1 in the Virgin Islands.
It further appears that of the 49 charters issued within the year
ended October 31, 1935, 7 with common capital stock of $1,660,000
48
REPORT OF THE COMPTROLLER OF THE CURRENCY
and preferred capital stock of $1,200,000, and assets of $28,835,991,
were the result of conversions of State banks; 3 with common capital
stock of $345,000 and preferred capital stock of $1,315,000 were
reorganizations of 3 State banks; 27 with common capital stock of
$1,310,000 and preferred capital stock of $900,000 were organized
for the purpose of acquiring the business of 29 liquidating or suspended national banks; and 12 with common capital stock of $825,000
and preferred capital stock of $225,000 did not acquire the business
of any other banking institution as of date of charter. The businesses of 25 State banks, with aggregate capital stock of $2,130,200
and aggregate assets of approximately $80,691,396, were purchased
by national banks.
During the year ended October 31, 1935, 22 national banking
associations and 3 State banks were consolidated into 9 national
banking associations, under authority of the act of November 7, 1918,
as amended February 25, 1927, the common capital stock of the
consolidated banks being $1,335,000 and the preferred capital stock
being $1,420,000. In each instance, except one in which the capital
stock did not change, there was a decrease in common capital stock,
while one had an increase in preferred capital stock, the net result by
reason of the consolidations being an aggregate decrease of common
capital stock of $447,100 and an increase in preferred capital stock
of $250,000. Additional assets of approximately $3,157,574 were
brought into the national system by reason of the three State
banks which were consolidated with national banks.
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 1,393 branches in existence on
October 31, 1935.
During the intervening period 1,822 branches have been added to
the system, of which 999 were de novo branches, 313 were branches
of State banks which converted into national associations, and 510
were branches brought into the national system through consolidations of State with national banks. During this same period 801
branches were relinquished, of which 555 went out of the system
through the liquidation of parent institutions, and the remaining
246 through consolidations or because of other reasons. The net
result of these operations was a gain for the national system of
1,021 branches for the period under discussion.
In the year ended October 31, 1935, a net gain of 129 branches was
recorded, 165 de novo branches being established, 152 of which were
authorized under the Banking Act of 1933 to operate in places other
than the city in which the parent bank was domiciled. In addition,
six branches were brought into the system through conversion of a
State bank. There were no branches brought into the system
through consolidations of State banks with national banks. Fortytwo branches were discontinued, 17 through liquidation of the parent
bank and 25 through action of the directors or shareholders of the
parent bank.
There follows a summary of branch-banking operations in the
national system during the period discussed in the foregoing:
49
REPORT OP THE COMPTROLLER OF THE CURRENCY
Table showing number and kind of branches on Feb. 25, 1927f and number and
manner of acquisition of additional branches of national banks by years to close of
Oct. 31, 1935
Authorized
Conversions of
State
banks
On Feb. 25,1927
Period ended Oct. 31,
1927
Year ended Oct. 31,
1928 . .
Year ended Oct. 31,
1929
Year ended Oct. 31,
1930 „
Year ended Oct. 31,
1931
.
Year ended Oct. 31,
1932
_.
.
Year ended Oct. 31,
1933
Year ended Oct. 31,
1934
Year ended Oct. 31,
1935
Under act Feb. 25,
1927, as amended
Involun- Voluntary
tary
liquiliquidations dations
Total
Other
Local
than
city
local
city
branches branches
Lapsed
or con- In existsolience
dated
207
372
372
104
127
527
899
8
62
103
173
20
60
992
2
82
«9
173
86
18
1,061
165
296
1
5
86
92
32
35
1,086
95
50
145
15
2
30
1,184
162
102
264
17
87
30
1,314
164
241
26
1,211
106
6
478
Total
Consolidations
of State
banks
Closed
510
58
49
64
113
24
14
22
1,264
13
152
171
10
7
25
1,393
932
274
2,194
307
248
246
1,393
Table showing number and kind of branches authorized and closed during the year
ended Oct. 31, 1935
Classes
Statutoryj"
Additional offices, c branches
MUlspaugh act
In
operation
Feb.
25,
1927
} 165
202
5
C branches j o t n e r " ^ a n ] o c a i
Total
372
In
existence
Oct.
31,
1934
/
\
365
294
87
3
400
115
1,264
Author- Closed
ized
during
year
ended
By
Oct.
share31,
1935 holders
6
13
152
171
during the year ended
Oct. 31,1935
By
direc- Lapsed
tors
Total
in existence
Oct.
31,
Insol1935
vent
5
16
2
2
1
2
1
363
299
77
3
388
263
8
18
3
13
1,393
2
1
10
50
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, 1935
Branches authorized during
the year ended Oct. 31, 1935
Charter no.
Under act Feb. 25,
1927, as amended
Title and location
Total
Other
than
local
Local
ALABAMA
3185
The First National Bank of Birmingham
.
....
1
5
6
14
1
14
1
7
1
7
73
3
73
3
1
]
ARIZONA
14324
4729
The Valley National Bank of Phoenix
The Phoenix National Bank, Phoenix
CALIFORNIA
First National Bank at Glendale
The Anglo California National Bank of San Francisco. . .
Bank of America National Trust & Savings Association, San
Francisco
-8907 The Citizens National Trust & Savings Bank of Riverside
14298
9174
13044
1
IDAHO
11100
Fidelity National Bank of Twin Falls
KENTUCKY
14320
Liberty National Bank and Trust Company of Louisville
2
2
LOUISIANA
14228
1
The Calcasieu-Marine National Bank of Lake Charles
]
MASSACHUSETTS
14266
474
Merrimack National Bank of Haverhill
.
_
First National Bank & Trust Company of Greenfield
1
]
2
5
1
1
3
1
1
1
1
2
1
8
3
i
MICHIGAN
11852
The City National Bank and Trust Company of Battle Creek.
NEVADA
7038
First National Bank In Reno
...........................
N E W JERSEY
374
The First National Bank of Jersey City
N E W YORK
149
5271
First National Bank & Trust Co. of Elmira
The First National Bank of Mount Vernon .
1553
4514
The First National Bank of Portland
The United States National Bank of Portland
.. .......
i
OREGON
PENNSYLVANIA
14171
South Philadelphia National Bank of Philadelphia
1
i
SOUTH CAROLINA
2044
The South Carolina National Bank of Charleston
12
12
5
5
1
SOUTH DAKOTA
2980
10592
First National Bank of Aberdeen
_
...
Northwest Security National Bank of Sioux Falls
UTAH
First Security Bank of Utah, National Association, Ogden
2597
1
51
EEPOKT OF THE COMPTROLLER OF THE CURRENCY
Table showing number and manner of acquisition of domestic branches of national
banks during the year ended Oct. 81, 1985—Continued
Branches authorized during
the year ended Oct. 31,1935
Charter no.
Under act Feb. 25,
1927, as amended
Title and location
Total
Other
than
local
Local
VIRGIN ISLANDS
14335
Virgin Islands National Bank, St. Thomas
. . _.
2
2
1
1
1
152
165
WASHINGTON
12292
4375
1
The Puget Sound National Bank of Tacoma
The National Bank of Commerce of Seattle
WISCONSIN
64
d
6
First Wisconsin National Bank of Milwaukee
Total (28 banks)
13
Table showing number and class of domestic branches of national banks closed during
the year ended Oct. 81, 1985
Branches closed
Branches under act
of Feb. 25, 1927,
as amended
Charter
no.
Title and location
State
bank
branches
in operation
AddiFeb. 25,
tional Branches
Total
1927,
offices
authorwhich
which
ized
were conbecame
since
verted
branches Feb. 25, or conFeb. 25,
1927
solidated
1927
Manner of closing
CALIFORNIA
10412
9174
10357
First National Bank in Glendale.
The Anglo California National
Bank of San Francisco.
First National Bank in Bakersfield.
Voluntary liquidation.
1
1
Board of directors
1
1
Voluntary liquidation.
1
1
Board of directors.
1
1
do
1
1
do
5
5
INDIANA
12444
Old National Bank in Evansville.
..
KENTUCKY
109
The First National Bank of
Louisville.
13683
The Hibernia National Bank in
New Orleans.
7595
Worcester County National
Bank of Worcester.
Springfield National Bank,
Springfield.
The First National Bank of Boston.
LOUISIANA
MASSACHUSETTS
4907
200
Voluntary liquidation.
3
Board of directors
1
1
Shareholders
4
4
1
4
52
REPORT OF THE COMPTROLLER OF THE CURRENCY
Table showing number and class of domestic branches of national banks closed during
the year ended Oct. 31, 1935—Continued
Branches closed
Branches under act
Charter
Title and location
Manner of closing
DO.
State
of Feb. 25, 1927, bank
as amended
branches
in operation
AddiFeb. 25, Total
tional Branches 1927,
offices
author- which
which
ized were conbecame
since
verted
branches Feb. 25, or conFeb. 25,
1927 solidated
1927
MICHIGAN
10997
13738
First National Bank at Flint... Receiver
The Manufacturers National Board
of directors
Bank of Detroit.
12064
The First National Bank of West Receiver
New York.
11655
5271
The Richmond National Bank ....do
of New York.
The Ozone Park National Bank
do
of New York.
The Chase National Bank of the Board of directors
City of New York.
The Peoples National Bank and
do
Trust Company of White
Plains.
The First National Bank of
do
Mount Vernon.
7781
The Security Central National
Bank of Portsmouth.
NEW JERSEY
NEW YORK
12280
2370
12574
2
1
1
OHIO
do
PENNSYLVANIA
4887
542
The Reading National Bank Receiver
and Trust Company, Reading.
Corn Exchange National Bank Board of directors
and Trust Company, Philadelphia.
4
RHODE ISLAND
1302
The Providence National Bank,
Providence.
do
3032
The American National Bank of
Nashville.
do
2597
First Security Bank of Utah,
National Association, Ogden.
..do..
5150
The First National Bank of
Abingdon.
Total (24 banks)
Voluntary liquidation.
10
29
REPORT OF THE COMPTROLLER OF THE CURRENCY
53
NATIONAL-BANK CIRCULATION
Consols and Panama 2-percent bonds outstanding eligible as security for national-bank circulation on June 30, 1935, 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 191636, and $25,947,400 Panama Canal 2's of 1918-38. In addition there
were outstanding on the date indicated Treasury and other United
States bonds of $10,579,403,240 bearing interest at a rate not exceeding
3% percent per annum which, under the provisions of section 29 of
the Federal Home Loan Bank Act, approved July 22, 1932, were also
eligible as security for national-bank: circulation for a period of 3
years from the date of the enactment of the act. The expiration of
the 3-year privilege provided by the act of July 22, 1932, and the call
for redemption of the consols and Panama Canal 2-percent bonds on
July 1, and August 1, 1935, respectively, discontinued the privilege
of circulation to national banks after the latter date.
However, on June 30 of the current year there were on deposit with
the Treasurer of the United States as security for national-bank circulation, bonds totaling $233,933,870, comprising $200,741,250 of
consols, $14,908,620 of Panama Canal 2's, and $18,284,000 Treasury
and other United States bonds.
The circulation of national banks outstanding on June 30 this year,
secured by all classes of eligible bonds and lawful money, amounted
to $769,095,645. Of this amount $220,580,430 was secured by bonds
and the remainder, $548,515,215, 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 1,1935
June 1,1935
Authorized capital stock of national banks, common... $1,292, 664,881 $1, 294,345,481
1, 292, 664,881 1,294,345,481
Paid-in capital stock of national banks, common
Increase or
decrease since
above date
Increase of authorized capital stock, common...
Decrease of authorized capital stock, common...
Increase of paid-in capital stock, common.
Decrease of paid-in capital stock, common
34335—36
5
July 2, 1934
$1,354,103, 741
1,354,103, 741
Increase or
decrease since
above date
$1,680,600
$61,438,860
1,680,600
61,438,860
54
REPORT OF THE COMPTROLLER OF THE CURRENCY
Statement of capital stock of national banks, national-bank notes and Federal Reserve
bank notes outstanding, bonds on deposit, etc.—Continued
Authorized capital stock of national banks, preferred,
par value. _
Paid-in capital stock of national banks, preferred, par
value..
$526,035,287
$520,907,287
$412,963,600
526,035,287
520,907,287
412,963,600
Increase or
decrease since
above date
Increase of authorized capital stock, preferred, par value
Decrease of authorized capital stock, preferred, par valua
Increase of paid-in capital stock, preferred, par value
Decrease of paid-in capital stock, preferred, par value—
Increase or
decrease since
above date
$5,128,000
$113,071,687
5,128,000
113,071,687
National-bank notes outstanding secured by United
States bonds, old and new series and bonds redeemed
by Secretary of Treasury
National-bank notes outstanding secured by lawful
money, old and new series
$220,580,430
$244,006,952
$729,973,968
548,515,215
550,975,223
224,720,785
Total national-bank notes outstanding, old and
new series
769,095,645
794,982,175
954,694,753
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
Net increase
Not decrease
._ _
$23,401,522
.
2,485,008
-
25,886,530
Increase or
decrease since
above date
$*09,368,538
323,769,430
185,599,108
Federal Reserve bank notes outstanding secured by
lawful money, old series
$2,380,123
$2,380,123
$2,432,763
Total Federal Reserve bank notes outstanding,
old series
2,380,123
2,380,123
2,432,763
Increase or
decrease since
above date
Increase secured by lawful money
Decrease secured by lawful money
Net increase
Net decrease
...
Increase or
decrease since
above date
$52,640
52,640
REPORT OF THE COMPTROLLER OF THE CURRENCY
55
Statement of capital stock of national banks, national-bank notes and Federal Reserve
bank notes outstanding, bonds on deposit, etc.—Continued
Kinds of bonds on deposit
U. S. consols ct 1930 (2 per- $200,741,250
cent).
8,761,180
U. S. Panama of 1936 (2 percent).
6,147, 440
U. S. Panama of 1938 (2 percent) .
4,680, 500
U. S. Treasury, 51-55 (3 percent) .
2,418,250
U. S. Treasury, 46-49 (3#
percent).
465,000
XJ. S. Treasury, 41-43 (ZH
percent).
558,100
U. S. Treasury, 40-43 (3?£
percent).
1,149,400
U. S. Treasury, 43-47 (3?6
percent).
U. S. Panama Canal, 1961
(3 percent).
U. S. Convertible, 46-47 (3
15,000
percent).
U. S. Treasury, 33-41 (3H
766,750
percent).
U. S. Treasury, 44-46 (3H
1,276,000
percent).
U. 8. Treasury, 46-48 (3 per1,420,000
cent).
U. S. Treasury, 43-45 (3*4
325,000
percent).
U. 8. Treasury, 49-52 (3H
30,000
percent) .
V. 8. Treasury, 55-60 (2%
5,180,000
percent).
Total
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
One dollar
$340,749
Two dollars...
162,420
Five dollars
10, 379,825 $108,733,550
16,829.215 280,661,880
Ten dollars
14,454, 450 265. 858.540
Twenty dollars
2,657,100
Fifty dollars
34,190,800
One hundred dollars. 3, 497,100
35,180,100
87,500
Five hundred dollars.
21,000
One thousand dollars
62,069
Fractional parts
457
Less»
$1,602, 536
395,327
257,805
57,475
67,430
0,550
Total
48,491,438
724,625,307
4,021,100
2,380,128
Total
48,491,438
720,604,207
2,380,123
233,933.870
* Notes redeemed but not assorted by denominations.
In the year ended October 31, 1935, the withdrawal of bonds held
by the Treasurer of the United States in trust as security for nationalbank circulation amounted to $764,114,900.
The withdrawals by reason of liquidation of banks amounted to
$2,537,010; and on account of banks placed in charge of receivers,
$4,130,300.
Bonds held by the Treasurer of the United States in trust as security
for circulation were augmented to the extent of $67,994,250 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:
56
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 closed during each month, year ended
Oct. SI, 1935
Bonds
deposited
by banks
chartered
and those
increasing
circulation
during the
year
Date
1934
November
December.
January..
February
March
April
May
June
July
August
September
October
_ _
1935
_
.
.
Total .
._
> . _ __
Bonds
withdrawn
by banks
reducing
circulation
Bonds
withdrawn
by banks in
liquidation
$6,292,000
7,286,250
$11,760,000
9,664,000
$500,000
731,250
10,559,000
10,926,300
24,183,700
6,287,000
340,000
1,870,000
250,000
16,913,300
30,201,760
202,309,040
154,222.350
47,377, 770
141,630,460
141,617,650
1,451,260
300,000
527,510
210,000
243,250
200.000
75,000
50,000
i 67,994,250
757,447,590
2,537,010
_> _
Bonds
withdrawn
by banks in
insolvency
$3,289,300
50,000
791,000
4,130,300
i Includes $350,000 deposited by 4 of 49 banks chartered during the year.
Of the 5,467 active national banks on December 31, 1934, there
were 4,589 banks with common capital of $870,557,000 issuing circulating notes, and on the same date the amount of notes outstanding
aggregated $654,456,000. The 878 banks which did not exercise the
circulation privilege had common capital stock amounting to
$435,667,000.
A table disclosing the number of active national banks issuing circulation, their capital and amount of circulation outstanding, according to Reserve cities and States, together with the number of associations not issuing circulation and their capital, on December 31, 1934,
is published in the appendix of this report.
There are also published in the appendix tables showing the investment value of circulation bonds quarterly and the monthly range of
prices in New York in the 8 months ended June 30, 1935.
REDEMPTION OF NATIONAL AND FEDERAL RESERVE BANK
CIRCULATION
During the year ended June 30, 1935, the national-bank notes,
Federal Reserve notes, and Federal Reserve bank notes aggregating
$1,674,962,922.50 were redeemed in the United States Treasury at a
total expense of $435,331.81.
Redemptions included Federal Reserve notes amounting to
$1,182,880,255; Federal Reserve bank notes received from all sources,
$58,633,500; and national-bank notes of $433,449,167.50, the latter,
amount including $194,653,030 redeemed on retirement account.
National-bank notes were redeemed at an average cost of 90 cents
per $1,000; Federal Reserve notes received from sources other than
the Federal Reserve banks, 68 cents per 1,000 notes; canceled and
REPORT OF THE COMPTROLLER OF THE CURRENCY
57
other Federal Reserve notes received direct from Federal Reserve
banks and branches, 32 cents per 1,000 notes redeemed; and redemption on account of Federal Reserve bank notes at the rate of $1.07
per 1,000 notes.
Statements showing the amount of national-bank notes, Federal
Reserve notes, and Federal Reserve bank notes received monthly for
redemption in the year ended June 30, 1935, 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 and Federal Reserve bank
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, 1935, as of various dates specified
by the Comptroller.
Summaries of assets and liabilities of reporting banks on the date
of each call during the year are shown in the following statement:
Abstract of reports of condition of national banks on dates indicated
88
[In thousands of dollars]
Dec. 31,1934
(5,467 banks)i
ASSETS
Loans and discounts (including rediscounts)
Overdrafts
U. S. Government securities, direct obligations—
Securities guaranteed by U. S. Government as to interest and principal
Other bonds, stocks, securities, etc
Customers' liability account of acceptances
Banking house, furniture and
fixtures
__
Other real estate owned
Reserve with Federal Reserve banks
Cash in vault
_
Balances with other banks
Outside checks and other cash items
_
Redemption fund and due from United States Treasurer
Acceptances of other banks and bills of exchange or drafts sold with endorsementSecurities borrowed
Other assets
_
Total-
Mar. 4,1935
(5,451 banks)
June 29, 1935
(5,431 banks)
7,488,652
3,315
6,262,109
698,099
»3,495,724
135,713
653,667
162,005
2,525,448
456,466
3,451,175
57,601
34,133
750
1,529
203,194
7,489,904
4,543
6, 283,866
836,425
2 3,489,381
117,486
653,842
167,113
2,772,766
391,428
3,478,031
44,546
32,797
1,556
1,413
194,186
7,365,226
3,491
6,077,724
1,095,283
« 3,543,379
86,753
651,463
171,455
3,092.178
405,513
3,318,586
51,964
12,060
4,592
795
180,623
25, 629,580
25,959, 283
26,061,065
8,994,826
6, 312,080
1,641,603
1,237,926
3,489.868
9,079,618
6, 441,740
1,677,924
1,041, 263
3, 775,154
9,674,923
6, 646,982
1,845, 315
679,655
3, 671,371
o
o
i
LIABILITIES
Demand deposits, except U. S. Government deposits, other public funds, and deposits of other banks
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
_
Secured by pledge of loans and/or investments
Not secured by pledge of loans and/or investments..
Circulating notes outstanding
Agreements to repurchase U. S. Government and other securities sold
Bills payable
Rediscounts
Obligations on industrial advances transferred to the Federal Reserve bank
Acceptances of other banks and bills of exchange or drafts sold with endorsementAcceptances executed for customers
_
Acceptances executed by other banks for account of reporting banks
Securities borrowed...
21.676, SOS
2,448,17 h
19,228,129
654,456
2,361
7,342
383
750
4,717
1,529
22,015,699
2,278.51S
19,7S7,186
627,022
5,512
10,427
340
23
1,556
119,096
5,202
1,413
22,518,246
2,115,605
20,40$, 641
222,095
4,194
654
37
4,592
85,599
8,171
795
3
O
Interest, taxes, and other expenses accrued and unpaid..
Dividends declared but not yet payable and amounts set aside for dividends not declared
Other liabilities....
_
Capital stock (see memorandum below)
Surplus
_
_
_
._
Undivided profits, net
_
_
_
Reserves for contingencies...
_
_
_
__
Preferred stock retirement fund
_
Total
Memorandum:
Par value of capital stock:
Class A preferred stock
Class B preferred stock
Common stock...
_
Total
Loans and investments pledged to secure liabilities:
U. S. Government obligations, direct and/or fully guaranteed
Other bonds, stocks, and securities
Loans and discounts (excluding rediscounts)
Total
Pledged:
Against circulating notes outstanding
__
Against U. S. Government and postal-savings deposits
_.
Against public funds of States, counties, school districts, or other subdivisions or municipalities
Against deposits of trust department.
Against other deposits—.
Against borrowings
_
With State authorities to qualify for the exercise of fiduciary powers
For other purposes
Total
38,982
22,642
51,188
1,786,409
837,888
261,491
141,880
2,320
48,751
5,399
49,895
1,804,739
834,878
283,557
143, 728
2,046
42,335
21,004
62,936
1,809,503
831,846
297,967
143,951
3,151
25,629,580
25,959,283
26,061,065
464,752
17,178
1,306,224
492,685
19,389
1,294,374
503,914
21,208
1,288,848
1,788,154
1,806,448
1,813,970
2,695,454
778,882
84,978
2,575,262
744,862
71,278
2,004,611
720,798
52,627
3,559,314
3,391,402
2,778,036
683,797
1,331,411
986,862
286,573
155,892
11,992
85,206
17,581
655,559
1,153,407
1,022, 472
289, 009
154,086
12,804
85,246
18,819
225,444
805,797
1,067,782
411,138
157,685
6,358
86,722
17,110
3,559,314
3,391,402
2, 778,036
i
o
o
o
tr1
g
w
i Licensed banks which were operating on an unrestricted basis.
> Includes Home Owners' Loan Corporation 4-percent bonds, which are guaranteed by the United States as to interest only.
CO
Principal items of assets and liabilities of national banks> Nov. 1, 1985
[In thousands of dollars]
Due from
banks,
Real
including
estate,
in reserve
furniture Cash
and fix- vault and other
cash
tures
items
Number of
banks
Loans and
discounts,
including
overdrafts
,
40
52
43
129
12
54
36,926
27,351
20, 561
482,137
36,816
105,050
64,186
29,937
25,918
476, 731
40,545
100,959
1,940
2,568
1,491
44,093
1,131
15,001
2,371
1,593
945
88,487
2,368
4,857
Total New England States.
330
708,841
738,276
66,224
100,621
459
237
709
16
1,416,552
221,066
780,408
7,864
54,876
38,801
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
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
1,493
,
_.
Total Southern States
132
79
44
20
57
51
69
25
30
456
50
100
72
1,185
Investments
Demand
deposits,
including
United
States
deposits
Time
deposits
24,024
130,037
15, 717
77, 271
9,400
58,615
392,218 1,499, 596
16,663
98,129
63,381
290,392
37, 298
35, 396
15, 560
769, 982
57, 413
136, 399
69, 251
22,842
31, 603
278, 718
17, 915
96,236
6,062
5,034
1,353
239,534
6,143
17, 264
521, 403 2,154,040
1,052, 048
516, 565
275, 390
Total
assets
Due to
banks1
UndiBills
vided
Capital
payable (common
profits,
and
Surplus includand
redis- preferred)
ing recounts
serves
159
72
145
60
10, 758 3,938
7,020 4,020
6,175
1,994
80,693 83,018
7,620 7,188
22, 622 11,502
2,571
2,711
1,754
31,424
1,382
5,134
134,888 111, 660
44,976
144,902
44,446
109,811
1,194
6,384
7,363
28,861 1,681,813 5,739,690 2, 958,179 800, 578 1,149,083
15, 319
12,118 130,457
787,710
279, 563 389,408
36,613 594,909 2,887, 535 1,022, 566 1,053, 267 366,961
8,918
460
308
2,970
22,006
7,463
57, 742
98,017
3,450
71,323
325, 032
137,212
24, 734
48,832
5,598
64,237
186,735
95, 301
2,142
355
271
15
403, 694 206,013
67,007 20,641
172, 758 171,948
2,479
1,928
14, 648 9,098
9,300 4,750
90, 325
11,614
77, 522
723
7,461
3,535
2, 519, 567 4, 367,113
314,100
86, 948 2, 545, 709 9,948, 708 4, 500, 284 2,399,020 1,614, 299
2,783
669, 335 414, 929 191,180
99, 311
46,733
25,678
19,922
91,724
96,894
57,950
22,607
98,605
352, 256
31,762
80,048
109,133
13, 564
9,741
3,865
1,883
11, 438
8,140
11,325
2,795
9,833
38,986
2,564
6,658
11,108
50
1,050, 263 1,132, 623
131,900
132,012
56, 447
29, 524
18, 613
91,603
40,026
65,747
17,787
72,487
302,438
26,475
87,649
109,455
6,508
3,477
3,197
1,923
3,943
5,036
3,974
1,460
4,064
17,249
1,525
4,311
4,976
130,182
64,782
51, 205
43, 065
131, 622
109, 735
87,650
27,892
124,840
598, 918
44,122
105, 466
138, 576
137, 226
55,209
25,472
13,934
67,861
46, 334
57,829
22, 796
56, 742
167, 435
25, 768
71, 393
103,156
45,932
7,496
9,350
9,882
70,484
26,530
23,887
4,825
70, 974
190, 709
13,697
31,809
69,861
3, 518, 245 1,658,055
851,155
575,436
107,833
361,175
149, 431
32,458
36, 386
31,482
74,080
102, 759
302,887
55, 545
206, 683
61,826
202, 584
18, 636
63, 632
91, 726
279,132
378,869 1, 094, 267
94, 954
32, 273
238, 617
59,185
351, 947
114, 663
61,643 1,123,641
112
"53"
268
26, 468 12,644
13, 534 4,633
7,410 3,037
1,314
4,615
18, 301 7,495
15,828 4,951
21,075 7,121
1,192
5,480
14,370 5,462
83, 502 28,871
2,638
6,481
15,052 9,606
7,556
25,867
7,213
3,440
2,114
1,142
5,740
2,745
3,814
966
4,496
19,808
2,078
4,453
5,910
257, 983 96, 520
63,919
Ohio
Indiana
Illinois.
._ .
Michigan
Wisconsin _ __ _
_
Minnesota
Iowa
Missouri
Total Middle Western
States
250
125
296
84
106
205
119
87
263,242
80,442
501,439
103,465
90,896
214,978
58,887
142,474
408,117
174, 393
1,249,033
328,341
224,833
271, 720
101, 689
253,131
37,140
13,452
47,727
11,808
13,735
15,339
6,618
8,000
251,810
107, 587
916,402
235,002
111,401
205,895
68, 743
229, 505
980,434
386,162
2,793,075
694,927
455,859
719,860
240,853
642,597
444,880
197,374
1,523,179
362, 728
188,643
317, 959
118, 357
297,250
97,322 2, 126,345
6,913,767
3,450,370 1, 645,694 1,113,595
15,381
9,117
37,329
10,406
6,904
6,752
3,845
7,588
324,272
106, 722
487,288
196,385
165,904
204,192
56,159
104, 772
87,928
40,972
509,583
72,022
52,057
118,953
42,601
189,479
1,272
1,461,823
3,011, 257
153,819
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
67
54
137
191
46
26
81
22
215
16, 651
16,801
68,612
54, 522
15, 295
11,637
50, 708
8,909
91,102
22,017
19,879
105,497
83,924
31,450
12,013
110, 527
12, 047
124,216
2,666
2,463
6,611
8,345
2,853
1,143
4,878
1,177
10,555
955
913
2,768
2,971
1,472
970
5,110
869
4,168
16, 791
15,401
83, 735
95,915
32,410
18,142
97, 457
12, 615
138,116
59, 507
55,868
267, 876
246,272
83, 786
43, 973
269,375
35,657
369, 577
27,123
29, 767
133,888
139,404
44,931
21, 061
131,715
24,034
203,161
21,8S7
15, 261
44,816
40,240
23,400
13,823
76, 671
6,601
69,844
2,620
3,359
62,733
41,026
6,335
4,165
36,012
1,821
52,715
839
334, 237
521,570
40,691
20,196
510, 582
1,431,891
755,084
312, 553
210,786
Washington
Oregon _
California -- Idaho
Utah
Nevada
Arizona—
Total Pacific States.
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
_ _ __
Virgin Islands of the United
States (nonmember bank)
Total (nonmember banks)._
Total United States
65
46
123
24
13
6
7
86, 896
50,344
1,040.349
7,497
17,371
3,651
11,208
119,934
108.492
1,091,795
14,263
23,733
11,410
16,051
8,238
6,590
103,460
1,199
961
397
1,676
4,849
3,900
22,409
892
563
521
1,370
81, 251
55, 505
432, 237
12, 763
25,656
5,445
14,061
302,651
227,151
2,713, 737
36,697
68,459
21,548
44, 613
147,959
79,902
75, 596
112,994
892, 064 1,367,992
9,839
20,912
18,769
30,295
7,428
11, 397
8,725
29,643
39, 517
19, 671
169, 821
2,455
12,192
967
1,934
284
1, 217,316
1,385,678
122, 521
34, 504
626,918
3,414,856
1,245, 264 1,568, 251
246,557
4
1,253
1,750
154
424
2,140
5,851
3,539
1,674
59
1
13,054
19,625
1,684
2,499
4,566
42,068
16,813
18,772
1
207
482
14
222
367
1,304
383
750
6
14, 514
21,857
1,852
3,145
7,073
49, 223
20, 735
21,196
7,306, 561 11,178,374
831,107
5,409
115
26,370
10,034
37,692
11,722
7,891
18, 504
4,478
9,272
15,439
5,413
36, 207
9,804
5,335
10,117
3,687
10, 796
433,872 125,963
96,798
10
5,396
5,408
15, 765
15, 581
5,410
2,705
12, 679
1,961
27,701
1,395
960
4,990
5,455
1,823
1,212
6,688
790
8,095
846
870
4,291
4,188
1,587
990
4,723
430
7,097
1,295
92,606
31,408
25,022
22,482
9,485
142,300
2,380
4,050
810
2,625
5, 754
5,290
69,764
502
1,270
201
858
5,991
3,292
52,107
595
1,711
620
547
184,132
83, 639
64,863
275
180
124
840
3,350
1,650
516
150
6
899
3,775
1,836
640
5,007 1, 776,591 865, 955
487, 398
404,379 7,461,671 27,430,730 12,681,840 7, 314,434 4,036, 962
* Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.
75
40
78,439
25,123
169,590
37,167
33,916
45,056
15, 206
29,375
5
900
50
330
110
110
62
REPORT OF THE COMPTROLLER OF THE CURRENCY
LIABILITIES OF NATIONAL BANKS ON ACCOUNT OF BILLS PAYABLE
AND REDISCOUNTS
liabilities of national banking associations for money borrowed on
account of bills payable and rediscounts at the date of each call in the
year ended October 31, 1935, are shown in the following statements:
Total borrowings of national banks on account of bills payable and rediscounts at date
of each call since Oct. 17, 193 4, according to geographical location
[In thousands of dollars]
Dec. 31,1934:
Bills payable
Rediscounts
New
England
States
Eastern
States
1,407
23
3,390
232
Middle
Southern Western
States
States
Western
States
1,647
25
741
8
95
38
7,342
383
133
7,725
Pacific
States
Total
1,430
3,622
1,672
749
62
57
119
Mar. 4,1935:
Bills payable
Rediscounts
295
11
7,012
170
2,013
106
1,026
2
51
34
30
17
10,427
340
Total
306
7,182
2,119
1,028
85
47
10,767
633
72
705
1,716
240
1,145
259
347
3
71
145
12
3,989
654
1,956
1,404
347
74
157
4,643
___.
Total
June 29, 1935:
Bills payable
Rediscounts
Total
Total borrowings of national banks on account of bills payable and rediscounts at date
of each call in the year ended Oct. 81, 1985, according to central and other Reserve
cities and country banks
[In thousands of dollars]
Central
reserve
cities
Other reserve cities
Country
banks
Total
Dec. 31.1934:
Bills payable
Rediscounts
185
7,157
383
7,342
383
Total
185
7,540
7,725
1,500
290
3
8,637
337
10,427
340
1,500
293
8,974
10,767
3
3,989
651
3 989
654
3
4,640
4,643
Mar. 4,1935:
Bills payable
Rediscounts
..
.. _ .
Total..
June 29,1935:
Bills payable
Rediscounts
.
•..
Total
. .
REPORT OF THE COMPTROLLER OF THE CURRENCY
63
LOANS AND DISCOUNTS OF NATIONAL BANKS
The statement following shows a classification of loans and discounts reported by national banks as of June 30, 1933 and 1934, and
June 29, 1935:
Classification of loans and discounts as of June 80,1983 and 1934, aw<2 June 29,1985
I In thousands of dollars]
June 30, 1933
Amount l
Acceptances of other banks, pavable in United
$152,763
States
Notes, bills, acceptances, and other instruments evidencing loans payable in foreign
countries
18,174
59,840
Commercial paper bought in open market
Loans to banks and trust companies:
113, 379
On securities
90,493
All other
Loans secured by U. S. Government and
other securities (exclusive of loans to banks). 2, 759, 876
Real estate Joans, mortgages, deeds of trust,
and other liens on real estate:
262, 255
On farm land
1,064, 521
On other real estate
All other loans, including reporting banks'
own acceptances purchased or discounted.. 3, 595, 671
Total
8,116,972
Loans secured by U. S. Government obliga95, 546
tions, direct and/or fully guaranteed
.
Total loans eligible for rediscount with Federal Reserve banks, including paper under
1, 291, 290
rediscount _
.....
1
Percent
June 30, 1934
Amount *
Percent
Amount
Percent
1.88
$86, 945
1.13
$56,982
0.77
.22
.74
13, 444
136,360
.18
1.77
10,076
180, 548
.14
2.45
1.40
1.11
37,826
66,231
.49
.86
21,991
60,194
.30
.82
34.00
2, 594, 386
33.72
2,251,274
30.57
3.23
13.12
232, 736
1, 098, 014
3.02
14.27
216,112
1,081,056
2.93
14.68
44.30
3, 428,807
44.56
3,486, 993
47.34
100.00
7, 694, 749
100.00
7,365, 226
100.00
130, 950
176,939
1, 335, 308
1,416,482
Amount reported by licensed banks; i. e., those operating on an unrestricted basis.
J u n e 29,1935
Loans and discounts of national banks, June 29, 1985
[In thousands of dollars]
Acceptances of
other
banks
payable
in
United
States
Location
Notes,
bills,
acceptances,
and
other
instruments
evidencing
loans,
payable
in foreign
countries
Loans to banks
Commercial
paper
bought
in open
market On securities
Real-estate loans,
mortgages, deeds
Loans on securities, exclu- of
trust, and other
sive of loans to banks
liens on real estate
To bro- To brokers and kers
and
dealers
All
To others
other in New dealers
elseYork
where
City
On
farm
land
Memoranda
Reporting
banks'
own
accept- All other
ances
loans
purchased
On
other real or disestate counted
3
Total
Loans
secured
by U. S.
Government
obligations
direct
and/or
fully
guaranteed
Total
loans eligible for
rediscount
with Federal Reserve
banks, including
paper
under rediscount
a
o
CENTEAL RESERVE CITIES
New York
Chicago.
Total central
cities
Reserve
44,170
3,364
2,882
684
1,352
5,655
5,019
5,223
13,894
487
284,968
975
13, 205
29,704
345,143
139,970
170
535
5,978
12,972
38, 219
11,666
453,186 1, 208,186
203,972
415, 207
127,408
8,671
211,387
80,758
47,534
3, 566
7,007
10,242
14,381
285,943
42, 909
485,113
705
18,950
49,885
657,158 1, 623, 393
136,079
292,145
1,171
560
1
10,019
3,010
67
6,989
28,488
442
13,005
955
1,266
29
400
610
625
25
1,112
17
10
38
22
501
432
1,545
317
76
29
82
23
11
67
1,705
3,224
245
399
65
5,863
178
742
52
301
102
676
357
466
269
1,177
33, 524
775
65
16, 017
1,507
859
2,644
283
686
1,931
1,032
2,008
1,448
4,842
18,375
429
83,669
1,789
274
60, 282
42, 209
8,427
13,925
8,119
1,247
6,517
6,151
3,347
4,989
8,249
158,560
6,074
603
115,838
30,128
11,404
21, 367
8,036
3, 554
27,611
26,005
9,455
18, 470
31,424
344,432
8,639
942
220,137
75,026
21, 565
38, 642
17,413
5,814
38, 830
37, 638
16,127
25,805
49,823
5,881
29
6
669
153
100
327
125
58
176
336
42
63
141
52, 265
2,939
393
60,978
11,051
4,279
4,016
3,170
1,218
11,007
13,982
4,006
10, 814
9,743
OTHER RESERVE CITIES
Boston
Brooklyn and Bronx
Buffalo__
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond >
Charlotte
Atlanta
Savannah __ _
Jacksonville
Birmingham _
New Orleans
107
84
1,023
30
3
16
44
133
73
309
54
148
1,026
5,453
400
17
3
o
Dallas
El Paso
Fort Worth
Galveston
Houston
^«in Antonio.
"Waco
Little Rock
Louisville
20
_
43
9
90
20
48
Nashville
Cincinnati
289
Columbus
Toledo
Indianapolis
Peoria
Detroit
__
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
86
75
1,355
200
15
330
2 863
260
510
1,287
15
42
349
105
5
250
2,016
1
31
- - -
Dubuque
Sioux City _
Kansas City, Mo
St. Joseph _
St Louis
. Lincoln
Omaha
Kansas City, Kans
Topeka
- - Wichita
Hplena
Denver
Pueblo
_. _
Oklahoma City
Tulsa
- Seattle
Portland- . .
Los Angeles
Oc den
Salt Lake City
302
29
2,373
1,488
3,768
3,540
1,894
3 508
2,458
450
937
1,392
250
1,115
35
306
341
2,408
1,018
971
1 043
1,955
2,450
2,659
255
425
9
102
3,162
1,810
782
2,544
4,398
300
1,490
1,222
1,812
2,785
1,172
75
18
128
29
15
19
122
616
103
28
3
51
51
59
8
35
5
160
557,052
35,488 1, 292,439 2, 850. 645
21,518
512,079
87, 606
576,002
85, 373 1,949, 597 4,474,038
157,597
804,224
400
40
5
350
20
1,485
100
301
72
119
8
234
144
298
14
55
960
14
9
422
111
785
7
Total other Reserve cities.
9,250
4, 659
84,126
10, 016
28,989
8,124
Total all Reserve cities—
56, 784
8,225
91, 133
20, 258
43,370
294, 067
86,901
183
53
4,903
15
9,518
2,198
8,214
2,252
6,259
3,701
1,188
1,560
6,161
5,865
3,855
3,792
7,868
3,796
105
4,238
2,827
2,368
5,837
716
7,545
28,621
29,802
1,175
2,850
91
3,043
14,156
4,898
8,869
3,479
10,106
766
1,491
4,454
250
8,193
749
3,948
3,635
14,735
1,513
11,029
25,331
45, 653
2,053
1,465
670,687
222
5
891
227
52
27
453
44
184
39
605
152
28
285
462
666
2
439
122
202
469
28
215
584
256
17
208
9
411
1,830
170
534
10
934
44
82
64
8
420
240
53
124
249
13
210
920
386
8
36
62,914
20
4,761
85
139
37
1,110
63 601
6 484
26,169
8,332
39,037
12 882
5 043
5,605
27 689
34,494
30.900
29, 146
67,917
27, 287
217
19, 902
11, 136
11, 185
56,993
3,193
49, 618
73,907
50,673
6,446
14,493
752
6,195
36,9C6
8,720
58,963
9,264
25,835
4,005
4,515
9,065
763
24, 571
1,202
21, 595
30, 685
44,468
3,784
31,957
310,011
620, 789
6,284
7,134
105,823 1,155,800
564
506
612
1,211
1,232
1,677
337
6
37 484
4.867
18 007
5,399
19, 352
8 136
3 183
3,284
10 496
25,480
17,140
9,685
19,861
9,452
99
11,774
3,309
5,089
19, 306
1,051
25, 596
50,705
37,970
1,156
8,035
358
3,218
21,445
2,878
22,407
3,291
16,821
1,623
2,195
3,597
403
13,547
220
14,937
15,954
30, 289
1,617
17, 799
97, 695
191, 159
3,698
2,843
296
18,552
56, 773
130
96
32
359
173
316
92
152
1,974
1
960
1,160
346
5
79
45
7,068
6
216
373
24
381
165
1,011
1,953
4,301
100
186
100
79
6 180 I
571
1 660
805
6,975
1 747
716
149
4 337
1,511
998
1,394
15,967
8, 295
11
950
1,873
603
11,465
896
2,950
2,376
1,306
393
1,311
197
289
2,070
194
5,150
106
549
441
139
249
1,272
10
1,410
898
1,542
356
3,025
139,999
253,335
1,398
1,363
689
13
1,608
1 681
194
500
24
222
757
225
55
85
659
180
17 341
852
5,729
1,613
10, 494
1 825
889
1,162
8 911
5,105
10, 748
16,557
25, 756
9,152
107
4,963
3,472
2,297
19,740
924
12,996
17, 793
8,341
2,104
3,095
130
917
8,542
1,804
20,889
2 316
4,790
705
1,120
1,217
110
7,671
817
4,059
6,218
10,963
603
7,290
47, 793
98,832
689
2,082
88
198
- - - - - -
128
31
57
500
1
87
135
8
416
67
273
244
164
36
37
600
253
52
112
531
9
314
584
125
459
8
1,030
814
177
654
173
27
982
6,895
Loans and discounts of national banks, June 29, 1935—Continued
[In thousands of dollars]
Acceptances of
other
banks
payable
in
United
States
Location
Notes,
bills,
acceptances,
and
other
instruments
evidencing
loans,
payable
in foreign
countries
Loans to banks
Commercial
paper
bought
in open
market On securities
All
other
Real-estate loans,
mortgages, deeds
Loans on securities, exclu- of
trust, and other
sive of loans to banks
liens on real estate
To bro- To brokers and kers
and
dealers
To others
in New dealers
elseYork
where
City
On
farm
land
Memoranda
Reporting
banks'
own
accept- All other
ances
loans
purchased
On
other real or disestate counted
Total
Total
loans eligible
for
by U. S.
redisGoverncount
ment
obliga- with Federal Retions
serve
direct
banks,
inand/or
cluding
fully
paper
guaranunder reteed
discount
s
Loans
secured
w
o
g
COUNTRY BANKS
Maine
Vermont
Massachusetts
Rhode Island.
Connecticut
1
___
Total New
States
New York
New Jersey.
Pennsylvania
2,352
1,116
60
13, 604
4,884
5,564
England
1
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
468
583
1,116
727
193
506
5,861
3,686
4,233
29,869
4,031
18,950
1
2
25
50
266
36,799
28,384
21,218
137,917
37,227
105,926
133
99
150
946
296
333
6,219
5,187
4,482
23,990
9,630
11,486
14
43
446
3,509
116,603
3,593
66,630
266
148,786
367,471
1,957
60,994
1
58
946
1,081
108
5,209
36
19
12, 597
1,150
74
90,860
60,395
149,216
1,988
6,620
7,889
3,065
14,542
894
3,610
68,414
63, 769
116,705
1,067
6,748
79
137,426
96,000
213, 238
4,070
16,526
325,640
227,971
507,072
8,153
33, 744
902
844
2,874
6
82
53,053
31,142
60,850
988
5,999
467,260 1,102,580
4,708
152,032
471
484
188
90
479
25,561
9,792
8,081
8,510
7,623
5,945
51
1,005
6,453
13,872
1,817
309,079
30,000
256,703
236
76
711
1,203
440
387
525
2,634
9
50
3
316
81
52
263
331
5
14
12
80
455
220
48
416
25,492
15,129
4,500
2,277
4,208
4,718
6,213
1,236
1,122
384
1,284
17,573
12,994
2,172
926
1,926
19
716
2,585
59
17,417'
13,250
11,900
49,722
12,713
43,784
6,741
2,726
6,459
16,083
_- _.
9
1,146
460
299
9,939
8,516
3,889
42,847
14,614
36,798
16
56
56
703
901
27, 580
157
Total Eastern States
59
317
20
536
700
546
22
13
16
- - -
14
15
12
45
902
81
76
59,802
25,958
17, 785
18,034
17,563
9,507
110, 228
56, 745
26, 529
22,491
25,897
21,591
380
2
a
Alabama
.
_
Mississippi
Louisiana.
Texas
Arkansas
Kentucky
Tennessee
Total Southern States.-.
Ohio
Indiana
Illinois
Michigan
__
Wisconsin
Minnesota - - _ Iowa
Missouri
Total Middle Western
States
North Dakota _
......
South Dakota
Nebraska _ _
. .
Kansas
Montana ._
__ ___
Wyoming
Colorado
-_
New Mexico
Oklahoma
Total Western States
Washington
__ _
Oregon
California
Idaho
Utah
-. __
Nevada
Arizona
Total Pacific States
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United
States (nonmember bank)
Total (nonmember banks) ~
Total country banks
Total United States - ..
1,377
85
33
173
4
5
94
1,727
1
2
1
3
12
70
15
98
40
4
44
10
10
518
20
204
589
145
1,078
1,585
10, 039
810
3,060
5,921
2,403
2,989
3,600
2,861
1,502
5
20
52
5
100
301
1
70
5
57
15
2
23,146
150
1 769
1 434
1 247
1,595
1 442
135
375
335
421
263
8, 753
1,302
245
1,101
582
15
263
524
179
982
469
340
152
389
4.9*0
252
1,375
630
771
540
75
467
176
4,286
32
114
176
87
12
9
42
4
291
767
122
163
5
101
47
1
181
349
78
16
6
11
12
123
34
351
183
1,951
239
46
152
23
41
186
14
14
6,091
3,483
4,094
12,489
2,850
9,254
6,258
100, 843
32, 804
10, 784
17, 298
14,179
13, 815
12,120
1,990
3,773
1,872
2,511
1,746
8,857
2,079
4,284
1,943
34,247
10, 638
3,977
7,028
2,004
2,468
4,091
3,428
2,120
27, 654
11,458
8,572
8,645
7,398
5,490
2,178
2,911
715
106. 763
35, 754
74, 306
1,057
1 649
709
3,272
1,663
1,236
2,840
569
3,065
16.060
1 318
917
1 788
2,923
719
642
1,480
500
1,910
1 390
957
800
1,846
570
576
1,275
583
1,645
9,642
111
3
4
68
1
1
25
1
12
36
1
10
1
153
191
1
2
37
22
1
399
3. 644
290
13
62
3,030
912
8,805
433
153
339
1,377
15,049
12,197
2,020
1,259
7,484
469
645
222
552
12, 651
20
50
120
85
6
7,998
4,231
3,563
2,996
8,330
2,341
6,777
4,126
70, 540
3,257
1,299
16,411
345
229
819
1,101
23. 461
286
44
40
1,092
295
240
114
13,066
3,357
5,036
53, 705
6,105
9,432
10, 962
378, 957
50, 667
18,464
24,481
133,321
21,090
50,219
42,976
604, 689
4,203
61, 792
24,825
44,172
17, 714
23,407
30,630
17,021
13, 542
134, 272
55,541
83,867
45,809
50,674
56,268
27,986
24,040
1,577
790
961
146
371
1,531
175
806
167,164
22,454
11,026
24, 506
6,847
12,405
19,610
11, 672
7,368
10
233,103
20
9,194
9 785
20, 783
27,187
8,075
9,232
12,255
6,169
32,028
478,457
15,063
14 890
25,508
36, 936
12, 501
11, 830
18, 280
8,160
39, 513
182, 681
6,357
144
91
64
374
546
55
79
28
424
63
48
112
23
3
23
40
312
834
29,007
13, 623
74, 520
6,794
2,920
3,155
9,838
139,857
1 257
2,397
14,101
548
88
4
2
661
3
4
3
20
19
19
353
64
3,419
13
35,284
8,700
14, 402
102,074
13, 325
28, 219
28, 304
134.708
19, 274
9,743
40, 648
4,943
1,877
1,775
6,398
84, 658
95
15, 453
13
3,326
1. 225 1, 450, 798 2.891, 188
86, 598 3,400, 395 7, 365, 226
1,805
115,888
5,741
6,413
13,398
17,039
4,755
5,728
7,615
3,292
18, 513
82, 494
7.800
4,020
13,969
3,474
743
558
3,122
33, 686
95
170
198
56,982
1,851
10,076
89.415
180, 548
1, 733
21, 991
5
16, S24
14, 839
60,194
308, 906
85
8, 330
8,018
64
3,772
672,415 128, 506
505,054
114,153 1,828,215 216,112 1,081,056
19, 342
176,939
612, 258
1,416,482
68
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 29, 1935, together with similar information in relation to banks in other Reserve cities, etc., is
shown in the following statements, compared with like information as
of June 30, 1933 and 1934:
[In thousands of dollars]
Loans
Banks i n -
New York
Do
Chicago
Other Reserve cities
All Reserve cities
States (exclusive of Reserve cities) __
Total United States
June 29 1935
June 30,1934
June 30,1933
Amount 1
Percent
Amount *
Percent
1,342,716
16.54
1,155,708
15.02
1,208,186
16 40
} 1,937,753
3,018,934
23.88
37.19
1,641,708
3,007,558
21.34
39.08
1,623,393
2,850, 645
22.04
38.71
4,956, 687
3,160,285
61.07
38.93
4,649,266
3,045,483
60-42
39.58
4,474.038
2,891,188
60.75
39.25
8,116,972
100.00
7,694,749
100.00
7,365,226
100.00
Amount
Percent
* 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, 1931
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 30,
1931
(6,805
banks)
Percent
increase
Percent
increase
in-
Percent
increase
crease
June 29, (+)
June 30, (+) June 30, (+) June 30, (+x
or deor deor de1935
or de1933
1934
1932
(5,431
crease
(6,150 crease (4,902 crease (5,422 crease
(—) banks i) ( - )
banks)
(—)
banks») (—)
banks)
since
since
since
since
June
June
June
June
30,
30,
30,
30,
1931
1932
1933
1934
Demand deposits
10.105,885 7,940,653 - 2 1 . 43 7,894,127 - 0 . 5 9 9,280.929
Time deposi ts
8,579,590 7,265.640 -15.31 6,216.917 - 1 4 43 6,891.128
Loans and discounts
13,177,485 10,281,676 -21.98 8,116,972 -21.05 7,694, 749
U. S Government and
other bonds, stocks.
etc., owned
7,674,837 7,186,652 - 6 . 2 3 7,371,631 +2.43 9,348r 553
XVCOCi VC with
WJl/Ll J7
r*UcldJ
HAWTVA
Fpriarnl
1,418,096 1,150,575 -18.86 1,412,127 +22.73 2,497,400
Reserve banks
> Licensed banks; i. e., those operating on an unrestricted basis.
Percent
+17 57 11,296.760 +21.72
+10. 84 7.246,147 +5.15
- 5 . 2 0 7,365, 226 - 4 . 2 8
+26.82 10,716,386 +14.63
+76.85 3,092.178 4-23.82
UNITED STATES GOVERNMENT SECURITIES AND SECURITIES GUARANTEED BY UNITED STATES AS TO INTEREST
AND/OR PRINCIPAL, REPORTED BY NATIONAL BANKS IN RESERVE CITIES AND STATES
00
The following statement shows a classification of United States Government securities and securities guaranteed
by the United States as to interest and/or principal, reported by national banks according to reserve cities and States,
June 29, 1935:
U. S. Government securities and securities guaranteed by United States as to interest and/or principal, reported by national banks, June 29,
1935
[In thousands of dollars]
Obligations guaranteed by the U. S. Government as to interest and principal
Direct obligations of the U. S. Government
Location
Other
United
States
bonds
Liberty
Loan
bonds
Treasury
bonds
18,709
1,662
182,657
280,104
69,294
503
20,371
462, 761
4,763
35,420
2, 565
675
115,539
76.350
2.337
29, 560
4,438
1,533
12. 513
383
6,754
4,214
7,090
Recon- Federal Home
struction Farm
Owners'
Finance Mortgage Loan
Corpora- Corpora- Corporation
tion
tion
Grand
total
Treasury
bills
Total
595, 832
292, 517
289.051
14,067
1,155,543
588,853
93,044
75,847
5,496
1,197
67,893
3,406
166,433
80,450
1,321,976
669,303
69, 797
888, 349
303,118
1, 744,396
168,891
6,693
71,299
246, 883
1,991,279
10,050
686
107
3. 650
9,419
5,152
2, 336
50
700
2,510
1,180
3,700
1,231
5.000
159, 841
227
35
29. 001
204, 666
48,088
13. 936
6,614
802
15,391
4,366
8,886
1,909
22,556
21,414
231,488
3,478
817
159,921
295. 504
108. 157
47. 534
14,064
3,036
31, 55y
6,990
20, 956
8,119
38,410
1,017
1,014
101
4.053
2 135
104
24,253
2,777
404
11,275
1,444
407
1,453
71
9,813
1,868
5,381
6,084
2,236
104
31, 873
3,282
506
12,665
1,705
678
1,453
94
10, 577
2,556
6,881
237,572
5,714
921
191. 794
298. 786
108. 663
60, 199
15, 769
3,714
33,012
7,084
31, 533
10,675
45,291
Treasury
notes
O
Total
CENTRAL RESERVE CITIES
New York
Chicago
Total central Reserve cities
OTHER RESERVE CITIES
Boston
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
_.
Richmond
Charlotte Atlanta
Savannah .. __
Jacksonville
Birmingham..
New Orleans
_
.
.
11, 731
5,069
52,580
1,702
2,962
1
1,145
1,061
1,616
765
3,764
7,620
505
102
1,390
261
271
459
23
305
688
1,500
a
o
U. S. Government securities and securities guaranteed by United States as to interest and/or principal, reported by national banks, June 29,
19S5—Continued
[In thousands of dollars]
Obligations guaranteed by the U. S. Government as to interest and principal
Direct obligations of the IT. S. Government
Location
Dallas
El Paso
_
Fort Worth
Galveston__
Houston
San Antonio
Waco
Little Rock
Louisville
Memphis
Nashville
Cincinnati
Cleveland..
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit.
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Moines
Dubuque^
Sioux City
Kansas City, Mo...
St. Joseph
St. Louis
Lincoln—
Omaha
Kansas City, Kans.
Topeka
Liberty
Loan
bonds
148
260
787
173
1
516
214
8
1,939
1,105
1,148
605
2,782
Treasury
bonds
7,702
1,331
1,151
1,982
4,928
12,246
5,000
2,450
1,074
13,245
1,703
1,005
971
300
7,632
34,805
5,516
2,191
730
481
1,508
478
317
7,072
37
1,537
5,439
1,529
187
166
114
7,723
512
1,455
24
74
Other
United
States
bonds
30,674
7,881
1,726
35,806
1,169
70,793
12,707
12, 666
355
99
2,727
923
5,944
1,788
16,561
1,551
3,050
1,327
571
158
600
900
350
7
250
2,004
554
2,916
1,910
503
767
4,322
200
46
1,250
200
470
1,431
225
4,336
102
5,084
733
2,163
Treasury Treasury
notes
bills
11,088
7,460
3,105
2,171
54,248
7,785
2,124
413
20,530
8,801
3,746
11,008
51,229
21,314
258
20,544
4,177
8,741
123,900
2,936
30,204
62,581
22,986
3,667
17,952
825
3,390
32,872
2,029
60,263
5,940
22,336
2,518
5,534
13,472
2,500
75
545
1,372
340
1,000
~I,~406"
1,184
29,777
•"47598"
~"4,"666"
Total
32,568
9,651
7,543
5,301
64,722
24,369
3,758
1,502
35,714
12,614
6,165
21,436
86,034
29,862
739
54,730
13,090
13,700
169,688
4,645
103,301
86,449
35,852
5,252
20,830
3,752
4,970
70,190
4,156
93,481
8,105
35,925
4,632
8,342
Recon- Federal Home
struction Farm Owners'
Finance Mortgage Loan
Corpora- Corpora- Corporation
tion
tion
10
400
12
7,684
5
1,377
404
634
1,544
530
206
1,756
237
128
299
1,519
4,547
"""255"
255
1,023
88
3,230
1,000
1,603
405
1,255
503
742
617
32
402
547
996
Total
7,727
15,411
5,524
9,710
1,546
1,135
1,249
1,853
6,448
1,147
1,193
10,722
6,014
6,901
1,190
10,354
3,490
1,665
1,455
3,621
6,685
1,275
1,492
10,722
7,533
1,824
1,929
29,796
1,019
2,694
8,332
2,090
1,011
36,424
1,095
2,042
2,782
11,562
3,090
2,614
1,506
2,532
1,119
9,908
1,505
4,699
2,761
3,035
1,861
15,072
1,537
5,356
431
621
1,617
257
786
100
274
105
125
Grand
total
517
840
593
262
199
283
642
998
978
47,979
9,913
14,444
6,491
75,076
27,859
5,423
2,957
39,335
19,299
7,440
22,928
96,756
37,395
938
55,013
15,019
14,342
206,112
5,740
105,343
89, 231
47,414
8,342
23,444
4,750
7,731
73,225
6,017
108,553
9,642
41,281
5,610
9,959
O
Wichita
Helena..
Denver
Pueblo
Oklahoma City
Tulsa
Seattle
Spokane
Portland «.
Los Angeles
San Francisco
Ogden
Salt Lake City
__.>..
*—*•**-* —-——*.. .—
38
126
86
7
1,045
276
696
2
357
435
14,646
2,986
4,052
6,217
33,797
677
605
300
656
40
1,307
750
2
7,437
1,448
21,470
1,153
348
7,738
14,397
1.213
20,032
33,588
68,966
6,292
1,000
14,729
2,309
36,202
4,557
5,056
16,040
49,777
3,336
55,721
181,857
378,407
1,693
7,464
200
102
1,250
258
35,684
102,958
296,859
1,293
4,894
Total other Reserve cities
140,919
1,108,041
123,304
1,333,795
104,190
2,810,249
8,507
Total all Reserve cities
161,290
1,570,802
193,101
2,222,144
407,308
4,554,645
177,398
5,511
3,340
2,344
2,752
5,779
4,593
5,125
1,601
1,311
14,390
13, 711
14,377
8,020
25,000
12,172
10,334
71,399
19,024
51,268
850
831
11,024
7,751
6,039
49,207
3,401
23,447
10,550
100,869
19,243
50,515
8,020
3,517
6,183
23,166
13,494
39,828
623
2,546
47,887
22,434
31,642
132
3,006
74
200
50
1,415
106, 370
101,998
143,427
1,391
6,294
14,545
359, 480
79,657
105,101
324
780
228
203
43
10,774
7,157
1,672
1,940
2.377
4.962
4.663
1.095
2.275
15.634
2.017
4.561
3.792
7,709
4,055
1,161
1,839
1,087
15,792
5,374
2,674
1,362
10,464
1,444
4,486
5,311
102
650
422
596
136
458
42
943
792
509
357
23,117
11,673
3,436
4,018
3,067
11,502
6,646
3,173
4,922
22,387
4,468
7,310
10,200
5,509
115,919
62.919
62, 758
-
11,647
1,721
_
._
COUNTRY BANKS
Maine
New Hampshire
Vermont- Massachusetts
Rhode Island
Connecticut
.
476
232
_ _
2,023
1,477
Total New England States
New York..
New Jersey
Pennsylvania
Delaware
._
Maryland
_
. .
14
_
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama . . . .
Mississippi
Louisiana... _
Texas
Arkansas .
Kentucky
Tennessee
._
_ _
.
Total Southern States
___ _
20,637
8,668
400
1,300
435
1
13,027
2,193
1,012
250
1,210
2,212
255
929
3,6247
469
3,985
914
1,795
117
56
811
356
7,354
14
7,686
2,619
2,842
96
1,740
563
11,080
483
11,671
4,783
4,637
213
16,469
2,872
47,282
5,040
16,727
20,823
54,414
3,549
57,057
231,993
440,176
3,247
9,653
5,478
35,708
964
778
1,025
44,658
26,061
590
1,411
1,336
50,136
61,769
1,554
2,189
104,591
287,683
400,781
3,211,030
111,284^
358,982
647,664
5,202,309
7,689
2,276
1,917
12,630
3,032
8,162
32,689
14,448
12,251
84,029
22,056
59,430
2,704
1,084
200
3,845
101
1,056
4,135
1,192
1,045
8,585
2,632
7,005
189,197
1,151
9,961
24,594
35,706
224,903
181,014
144,309
218,363
2,160
13,261
1,247
100
8,542
8,052
14,870
148
2,646
30,718
35,067
35.140
204
3,569
40,507
44,044
50,210
352
6,315
221,521
188,353
268,573
2,512
19,576
559,107
2,472
34,258
104,698
141,428
700,535
676
2,588
2,064
913
1,239
8,993
4,827
1,311
1,483
54,739
30,654
8,696
10,562
8,469
46,684
22,233
11,364
10, 665
66,243
11,970
25,099
32,620
339,998
42,48.T
23,763
6,472
7,840
6,953
32,852
1
6,819
7,650
8,601
50,638
8,721
16,866
19,660
249,317
872
400
925
200
18
303
204
812
686
3,845
1,189
12,257
6,891
2,224
2,722
1,516
13,832
5,414
3,714
2,064
15,605
3,249
8,233
12,960
90,681
333
125
24
8,793
1,044
3,444
1,881
9,684
4,021
2,934
1,743
6,479
2,080
4,765
11,079
1,683
28,913
60,085
780
321
U. S. Government securities and securities guaranteed by United States as io interest and/or principal, reported by national banks, June 29,
1935—Continued
[In thousands of dollars]
Obligations guaranteed by the U. S. Goveminent as to interest and i}rindpal
Direct obligations of the U. S. Government
Location
Obio
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
Total Pacific States
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States (nonmember bank).
Total (nonmember banks)
Total country banks
Total United States
Liberty
Loan
bonds
2,393
1,033
2,694
404
569
1,529
447
398
Treasury
bonds
Other
United
States
bonds
Treasury
notes
9,467
43,853
20,090
28,386
14,465
24, 571
13, 377
5,466
4,769
154,977
327
288
633
760
799
410
217
249
556
2,368
1,386
6,145
7,449
4,017
3 044
8,461
3,006
9,829
4,239
472
146
509
172
37
9
126
45,705
9,725
5,431
13, 665
4,007
227
2, 998
2,586
11,935
6,492
10,085
7.156
3,956
7,640
3,024
3,177
53,465
2,194
1,116
3,663
6,846
2,253
1,280
1,734
1,444
4,993
25,523
2.753
1,183
6,179
775
259
267
761
1,471
38, 639
12,177
14, 291
134
679
6,680
26
230
79
33
'
11,175
9,671
36,610
14,020
13,338
18, 601
7,772
5,516
Treasury
bills
63
907
15
2,505
310
235
116,703
5,083
4,318
5,746
4,810
6,553
3 894
1,789
2,029
1,493
4,035
1
115
35, 715
3,454
1,006
5,417
953
1,090
75
200
699
100
2,498
963
100
Total
69,419
37,286
78,682
36,045
42,449
43,652
17,019
14,095
338, 647
9,973
7,223
16,187
19,940
13,822
8,628
12,201
7,427
16,871
112,272
16,404
7,766
25,870
5,907
523
5,772
4,436
66, 678
ReconFederal
Home
struction
Farm
Owners'
Finance Mortgage Loan
Corpora- Corpora- Corporation
tion
tion
870
475
422
550
357
188
115
203
3,180
360
25
100
295
350
60
191
1,381
562
50
25
637
1,122
6,713
26
8,658
7,059
12,816
3,353
6,768
3,789
3,113
1,152
46, 708
1,619
697
4,587
4,227
378
546
2,193
609
2,096
16,952
1,844
1,257
2,708
1,226
297
132
400
7,864
Total
17,059
11,059
17,517
5,882
9,922
7,046
2,825
1,803
73,113
2,017
1,043
2,621
2,314
1,745
558
3,055
1,294
2,387
17,034
2,032
690
3,062
1.971
148
923
2,731
26,587
18,593
30, 755
9,785
17,047
11,023
6,053
3,158
123,001
3,996
1,765
7,308
6,836
2,473
1,104
5,308
1,903
4,674
Grand
total
96,006
55,879
109,437
45,830
59,496
54,675
23,072
17,253
35,367
461,648
137969
8,988
23,495
26,776
16,295
9 732
17,509
9,330
21,545
147,639
3,876
1,947
6,332
3,247
445
1,080
3,131
20,280
9,713
32,202
9,154
968
6,852
7,567
11,557
20,058
86,736
1,320
58
1,378
1,320
1 122
8,091
26
9,239
134
7. 385
230
112
45,915
822, 974
253,214
385,195
15,781
1.523, 079
10, 504
145,976
58
291,139
447,619
1,970,698
207, 205
2, 393, 776
446, 315
2, 607, 339
423,089
6, 077, 724
187,902
257, 260
650,121
1,095,283
7,173,007
7,861
1,378
REPORT OF THE COMPTROLLER OF THE CURRENCY
73
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 as of June 30, 1933, and 1934, and June 29, 1935, and a
detailed classification by reserve cities and States of bonds and
securities other than United States Government held on June 29,
1935.
[In thousands of dollars]
June 30,
1933
Number of banks
» 4,902
Obligations of—
Home Owners' Loan Corporation guaranteed by U. S. Government as to interest only
Federal land banks
_
Federal intermediate credit banks
Joint stock land banks
___
States, counties, districts, political subdivisions, and municipalities »
_
1,162,478
Territorial and insular possessions of the United States
Bonds, notes, and debentures (not including stock) of other domestic corporations:
530,634
Railroads
_
Public utilities
533, 260
Real estate corporations—.
_
_._
* 653, 600
Other domestic corporations
Stock of Federal Reserve bank._
Stock of other domestic corporations:
Real estate corporations
_
110,436
Banks and banking corporations
Other domestic corporationsForeign securities:
149,389
Obligations of foreign central governments
Obligations of foreign provincial, State, and municipal governments
} 116,655
Other foreign securities
Total miscellaneous bonds and securities
U. S. Government obligations, direct and/or fully guaranteedTotal bonds and securities of all classes
_
June 30,
1934
June 29,
1935
15,422
5,431
184,312
23,620
4,423
119,330
83.487
16,839
1,212,397
16,021
1,386,230
13,118
529,090
519. 584
38.937
391,081
88,674
593,211
536,496
36,628
366,671
90,095
32,314
25, 744
85, 226
35.150
25,925
80,656
95,341
65,167
48, 796
53, 764
39,012
50,941
3,340,055
4,031, 576
3,344. 901
> 6,003,652
3,543, 379
7,173,007
7,371,631
9,348,553
10,716,386
i Licensed banks; i. e., those operating on an unrestricted basis.
*Included with U. S. Government obligations, direct and/or fully guaranteed.
* Including school, irrigation, drainage, and reclamation districts, and instrumentalities of one or more
States.
* Includes claims and judgments.
«Includes Home Owners' Loan Corporation 4-percent bonds, guaranteed by the United States as to
interest only, the amount of which was not called for separately.
U. S. Government, domestic, and foreign bonds, securities, etc., held by national banks June 29, 19S5
[In thousands of dollars]
Miscellaneous bonds, stocks, and securities, etc.
Bonds, notes, and debentures (not including
stock) of other domestic
corporations
Obligations of—
Stock of other
domestic
corporations
Foreign securities
IS
f!
Location
ill
2 S t
o
CENTRAL RESERVE CITIES
207,083
70,875
1,321,976
669,303
603
34
4, 263 27, 710
865
53
Total central Reserve
cities
_
1,991,279
637
5,128 27,710
53 277,958
New York
Chicago
375 17,058 35,691 11,678
102,284 37,538 1,759 21,319 19,406
391 5,944 4,985
8,927 11,026 3,350 20, 349 5,212 5,576
1,299 11, 216
4,874
147
499,282
142,657
49 111, 211 48, 564 5,109 41,668 24,618 5,951 17,449 41, 635 16, 663
6,173 11,363
641,939 2,633, 218
504
61
1,048 6,151
56
31
180 1,450 2,184 4,273
642 2,004
661
5
18
56
315
625
1,062 4,591
76
363
20
104
149
180
104, 720
7,531
1,516
128, 749
49, 556
9,807
12,147
9,708
49
, 821,258
811,960
OTHER RESERVE CITIES
Boston.
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
_
Richmond
__.
237,572
5,714
921
191, 794
298, 786
108,663
60,199
15, 769
230
26
30
3,161
739
556
2,417
9,854
303
1,340
119
4
I," 501
1,956
48,989
3,036
245
32,695
4,845
5,812
1,254
4,486
9,370 10,115
1,640
1,798
472
536
199 32,577 22,093
22 13,965 9,727
165
716
1,923 2,470
1,162
1,650
8,311 3,795
156
492
22
205
"725 18,819 3,278
478 14, 229 1,742
405
3
611
1,237
458
1,043
238
173
15
1,964 3,779
220
342, 292
13,245
2.437
320,543
348,342
118,470
72,346
25, 477
Charlotte
_
Atlanta
Savannah
.
Jacksonville
New Orleans
Dallas
El Paso
Fort Worth
Galveston _
Houston
,.
San Antonio
Waco
Little Rock .
Louisville
Memphis
Nashville
CincinnatiCleveland
Toledo
Indianapolis _ -Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
>
Minneapolis
St. Paul
„._
Cedar Rapids
Des Moines
Dubuque Sioux City
Kansas City, Mo
St. Joseph
St. Louis .
Lincoln.
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver .Pueblo
Oklahoma City
Tulsa
Seattle . -_
Spokane
Portland
3,714
33,012
7,084
31,533
10 675
45,291
47,979
9,913
14,444
6,491
75,076
27,859
5,423
2,957
39,335
19,299
7,440
22,928
96,756
37,395
938
55,013
15,019
14,342
206 112
5,740
105,343
89, 231
47,414
8,342
23,444
4,750
7,731
73,225
6,017
108,553
9,642
41,281
5,610
9,959
16,469
2,872
47,282
5,040
16,727
20,823
54,414
3,549
57,057
17
31
1
6
2
10
9
9
4
16
110
190
439
80
624
229
50
99
503
359
150
354
2
671
671
1 280
1,099
1,520
8,900
185
2,678
56
73
15
225
777
1,844
480
790
9
16
2,957
120
400
2,292
20
75
1,580
1,103
171
3,155
343
57
60
20
83
48
30
7,017
689
176
2
12
3
2
4
45
3
7
2?4
405
1,485
811
276
80
168 2,047
24
50
715
513
563
119
255
361
198 1,240
20
15
546 1,872
1,017
452
410
15
3
69
5
52
164
780
30
8
974
4,895
1,630
4,523
2 657
4.126
3,773
745
4,005
1,799
4,973
3,547
1,030
1,184
703
11,249
7,276
4,793
5,708
10,147
145
3,745
6,941
2,598
7,070
705
1,221
8,739
3,168
6,581
5,047
197
1,306
7,135
895
6,951
697
10,639
998
2,833
1,100
1,124
6,939
262
20,483
5,871
9,687
1,558
14,530
2
10
504
32
10
23
568
34
169
3
5
10
20
18
51
92
4
107
64
97
32
8
50
1,294
931
1,424
115
577
171
40
25
223
252
148
11
311
1,281
74
288
1,749
6,423
1,727
561
228
1 239
1,213
736
237
2,119
3,740
1,730
25
622
116
246
703
137
2,447
50
1,798
53
5
13
228
2,008
361
411
122
5,248
117
4,746
1,142
5
229
149
595 1,021
255
10
191
841 1,010
2
644
98
41
214
194
118
6
95
66
181
5
2,488
420
51
214
202
5
1,758
266
3,781
449
1,674
30
1,042
941
20
24
996
139
827
233
32
156
1,425
213
1,241
106
261
39
187
255
308
56
15
119
8
1,129
2
279
3,558 1,121
121
50
1,227
74
34
6
29
5
156
1,737
55
542
79
277
1
189
18
3,910
265
4
4,461
416
699
1,139
195
1 358
1,897
117
63
323
1,535
107
145
116
2,616
91
2,567
3,157
6,695
2,535
280
73
1,615
527
1,413
50
1,806
2,091
926
97
971
227
697
207
2,475
418
1,228
37
20
136
367
1,203
304
190
427
2,587
184
514
59
9
78
3
71
101
101
380
4
261
2
62
251
127
276
376
2
284
359
609
1
71
590
45
11
24
212
7
110
11
1
93
21
590
679 1,034
2
44
1
216
1
54
36
60
1
125
33
263
14
64
330
823
9 1,062
266
4
399
409
4
380
725 2,795
2
418
30
431
14
11
341
2
2
101
100
7
7
204
200
825
60
744
381
23
615
17
66
723
20
395 1,000
30
300
188
18
60
320
3,771
276
10
62
76 2,188
626
65
257
36
6
48
111
23
146
81
323
12
50
990
60
8
261
48
367
2
483
53
315
193
93
19
409
176
8
5
213
135
56
3
26
40
68
45
7
22
35
47
82
32
8
5
2
2
21
52
18
7
30
416
123
533
565
171
963
96
39
93
4
211
5
120
6
237
708
173
34
281
452
50
1
7
422
510
92
391
83
248
2
5
2
32
104
8
32
68
31
260
62
67
204
8
44
183
15
191
14
16
28
43
95
12
69
6
96
61
268
27
108
62
25
1
109
96
1
102
154
"17727
1,173
11,019
4,853
10, 430
4,005
11, 219
9,907
999
7,480
3,544
10,038
4,324
1,666
1,971
9,790
14,097
14,138
14,274
32,433
28,015
1,215
8,854
11,269
5,993
18,317
1,317
8,768
19,164
9,720
7,009
7,731
621
2,640
17,084
2,181
22,132
1,432
16,751
1,882
3,597
2,833
2,040
15,443
1,597
24,127
7,613
23,452
2,403
26,676
4,887
44.031
11,937
41,963
14,680
56,510
57,886
10,912
21,924
10,035
85,114
32,183
7,089
4,928
49,125
33,396
21, 578
37,202
129,189
65,410
2,153
63,867
26,288
20,335
224, 429
7,057
114,111
108,395
57,134
15,351
31,175
5,371
10,371
90,309
8,198
130,685
11,074
58.032
7,492
13,556
19,302
4,912
62,725
6,637
40,854
28,436
77,866
5,952
83,733
Ox
U. S. Government, domestic, and foreign bonds, securities, etc., held by national banks June 29, 1985—Continued
[In thousands of dollars]
at
Miscellaneous bonds, stocks, and securities, etc.
p**
Bonds, notes, and debentures (not including
stock) of other domestic
corporations
Obligations of—
Location
§03
Stock of other
domestic
corporations
S°2
O
IS
Foreign securities
1.1
I!
S
I
§3
111
^3 0
OTHER RESERVE CITIES—
continued
Los Angeles..
231,993
San Francisco
440,176
Ogden
3,247
Salt Lake City
9,653
Total other Reserve
cities...
3, 211,030
Total all Reserve
cities
_
5,202,309
126
2,439
50
61,211
100 3,611 5,931 5,170
!,936 1,528 130,034 1,143 11,908 10,198 3,207
6
1,02'
4.58
408
28
555
713
2,689
7,588 2,077
784
8,979 4,066 7,597
36
380
550
101
534
667
355 2,031
27
341 1,378 3,806
6
1,444
781
1,618
732 1,240
1
91,461
191, 533
2,874
6,836
323,454
631, 709
6,121
16, 489
242 37, 503 48, 710 2,978 515,225 3,434 127, 548 104,420 16,793 109, 269 29, 34, 17,935 5, 900 23,337 16,897
18,195 1,085,674 4, 296, 704
879 42, 631 76,420 3,031 793,183 3,483 238,759 152,984 21,902 150,937 53,963 23,886 23,349 64,972 33, 560
14,116 29,558 1, 727,613 6,929,922
COUNTRY BANKS
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island.
Connecticut
Total New England
States
32,6S9
14,448
12,251
84,029
22, 056
59, 430
138
5
51
70
50
428
480
272
2,094
79
786
224,903
323
4,139
281
1,444
1,571
1,373
10, 480
2,025
9,226
58 6,193 13, 418
77 3,856 5,891
32 3,964 5,107
332 16,934 29,083
13 2,351 5,405
10,455
472
26,119
520 43,753 68,384 1,207 22,944 4, 302
21
126
9
30
211
119
246
21
23
514
253
150
450
4,209
349
1,939
2,371
265
9,305 1,603
1,'""
474
3,494 1,161
16
1
5
990
286
40
29,412 62,101
15, 340 29, 788
14, 529 26, 780
76,895 160,924
12,950 35.006
37, 577 97.007
52
182 1,038
199
104
195
478
7
117 1,347 1,076
74
16
112
453
54
595
151
290
320
171
1,719
986
109
68
1,154 449
350 2,274 3,318
3,125 3, 767j 186, 703 411,606
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
221,521
188, 353
268,573
2,512
19, 576
179
107
525
18
78
700,535
907 18,480 1,114 7,047 167, 626 2,321 224, 756 221, 905 4,885 111,940 14, 656 7,277 1,473 6,967 16,851
54,739
30,654
8,696
10, 562
8,469
46, 684
22, 233
11,364
10,665
66,243
11,970
25.099
32,620
357
83
9
22
36
27
24
2
89
116
40
35
3,759
3,258
9,351
69
2,043
3,392
1,658
320
448
347
1,275
456
512
23
3,121
1,864
1,221
583
442 3,103
655 1,193
17 2,663
43
45
939 29,046 4,120 3,866
75, 506 435 65,089 62,471
176 45, 599 41, 794 1,058 14, 341 2,941 2,845
44,666
507
43, 236 1,498 107,499 110, 378 2,441 64, 244 7,106
135
888
2
129
10 1,727 2,147
670
354
318 3,421
202 4,842 5,115
3,548
57
2,671
2,027
131
282
100
613
7
1,102
335
1,135
54 14,101
492
398
254 9,330
7,968
117
550
70 ""708 36,841 "~125 1,040
980
15 6,179 294
155
174 5,954
24 2,420
19 10,355
385
13
576
35
1
8,836
6,430
8,489
5,657
2,754
7,590
84
131
61
10
21
116
115
386
2,372 1,144
2,071
588
97
63
8
1,022
17
250
1,104
815
1,991
129
337
159
1,132 276
95
766
3,087 650
288
795
2,398 1,178
588
3,384
266
181
84
283
484
1,169 391
546
1,385
213
536
237 262
2,326 1,695
243
829
2,764 537
1,342 472
452
688
2
6
358
87
15
152
24
2
34
7
339,998
840 15,220 1,702 1,843 130,484 1,380 13, 301 14,996 4,260 17,009 6,855 1,828
,
96,006
55,879
109,437
45,830
59, 496
54, 675
23, 072
17, 253
245
92
125
13
134
450
10
70
Total Middle Western States
461,648
Ohio.
Indiana
Illinois
Michigan
Wisconsin
Minnesota.
Iowa
Missouri
North Dakota...
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico...
Oklahoma
_
Total Western States.
Washington. _
Oregon
California
Idaho
13,969
8,988
23,495
26,776
16, 295
9,732
17, 509
9,330
21, 545
147,639
20,280
9,713
32,202
9,154
302 1,559 4,376
839 2,327
233
886 4,428 9,497
302
39
28
102 349
24
3
52
197
369
66
6
212
35
336
146
35
22
110
194
29
3
103
300
59
54
591 3,932 2,249
1,154
795 218,439
558,437
485 1,331
221
687
149
965
229 1,132
162 769
149 1,171
3
165
229
121
1,281
250
700
853
560
860
182
81
617
86
506
508
2S5
641
169
20
84, 059
41,172
72, 456
41, 739
42,801
54,791
18,371
12,990
180, 065
97, 051
181,893
87,569
102, 297
109, 466
41,443
30, 243
4,767 2,832
368,379
830,027
86
19
128
88
525
19
65
71
9,129
10. 343
10,991
15,954
11, 661
3,535
9,537
3,938
36,022
23,098
19,331
34,486
42,730
27,956
13,267
27,046
13, 268
57, 567
1,804 1,001
111,110
258,749
158
38
92
20
17,472
10, 589
43, 717
4,538
37, 752
20,302
75,919
13,692
47
21
9
6
1,139 26,858 2,544 3,829 136,059 3,963 58,176 61,819 2,614 48, 589 6,530
600
92 1,627 6,341
98
9
26
31
13
35
20
10
22
311
364
2,420
1,613
863
234
970
914
1,415
201
181
270
165
60
264 9,104
977
28
28
13
701
273
505
323
100
50
47
47
72
35
73
116
22
20
40
93
5,073
7,334
4,388
11,335
4,912
1,832
4,100
2,257
30,133
518 71,364
31
16
14
68
9,539
8,625
30,368
2,961
10,462
9,754
12, 352
8,800
11, 776
5,589
1,836
1,250
363
352
618
427
372
308
37
137
4
1
4
750
505
837
403
881
382
984
88
959
932
638
842
452
1,502
319
1,094
70
1,034
81
110
211
203
316
492
202
122
239
87
479
54
2
20
1
1
3
747 5,789
6,883
398 7,671 2r351
148
6
238 1,847
8
406
8
171
2
53
114
86
51
39
42
36
110
216
139
2
57
10
2, 045 1,695
423
315
2,715 4,852
366
369
8
76
36
56
31
307
1
596
22
970
682
1,116
598
1,393
330
1,173
220
1,189
1,612
218
3,036
193
347
157
673
90
5
67
73
13,406 12,500 834, 111 1,534,646
159
86
893
821
148
84
65
146
108
138
360
344
111
221
493
275
213
34
4
22
4
2
46
33,960 1,537 12,875
6,546
814 10, 749
26,909
851 9,809
14,964
138 6,845
10,944
54 8,359
27,174
32 6,357
9,547
234 2,356
826
6,015
303
262, 596 484,117
165,309 353,662
378, 608 647,181
6,453
8,965
21,145
40, 721
246
581
167
28
3
4
10
9
20
22
108
87
27
44
62
8,755 1,744
750
4,801
9, 754 1,212
6, 559 651
747
7,772
7,832 823
331
1,878
272
1,238
8,247 1,660 175
10 1,211
4,615
7,072 465 926
10
120
480
45
226
574
2,649 256 492
12
578
1,030
86
101
2,191
3,899 3,505
1,681 1,596
7,319 7,013
100
146
286
361
I
42
8
34
6
39
15
10
16
19
91
196
56
201
374
595
34
206
16
169
328
139
406
81
112
16
320
178
467
118
490
6
97
128
296
67
33
114
84
10
49
209
40
104
67
58
60
25, 039 79,778
19, 283 49,937
9,597 18,293
6,983
17, 545
5,749
14, 218
14,228 60,912
22,101 44,334
12,405 23,769
9,947 20, 612
48, 297 114,540
12,078 24,048
17,623 42,722
15,109 47, 729
U. S. Government, domestic, and foreign bonds, securities, etc., held by national banks June 29, 1985—Continued
00
[In thousands of dollars]
Miscellaneous bonds, stocks, and securities, etc.
tea
Hg
Bonds, notes, and debentures (not including
stock) of other domestic
corporations
Obligations of—
Stock of other
domestic
corporations
Foreign securities
25
So*
©8
. 03 ft
S
I
1
ill
•a
il
a
tate cor
I"3
a1
II
kin
ion
Location
I
1
m
•a
COUNTRY BANKS—COntd.
Utah
Nevada....
Arizona
Total Pacific States. .
6,852
7,567
88, 736
Alaska (nonmember banks)
1,122
The Territory of Hawaii
(nonmember bank)
8,091
Virgin Islands of the United
States (nonmember bank)
26
Total (nonmember
banks)
9,239
Total country banks. 1,970,698
Total United States.. 7,173, 007
372
2,872
3,916
206
161
71
2,888
10
258
202
58,653
40
283
480
311
107
2,635
393
6,247
37
311
490
45
383
8,174 1,362
71
361
2,359
990
25
106
471
5,661 1,438
75
73
64
603
991
10
1,837
12
131
517
3,922
7,281
1,485
10,774
14,848
451
88,036
174,772
684
1,806
8,304
16,395
26
2,742
2,430
1,351
43
393
10
3,544 76,699 7,067 13,808 593,047 9,635 354,452 383, 512 14, 726 215, 734 36,132 11, 264 2, 576 15, 684 31, 607
4,423 119,330 83,487 16,839 1,386,230 13,1181593, 211 536,496 36,628; 366,671 90,095 35,150 25,925 80,656 65,167
10
1,920
i Including school, irrigation, drainage, and reclamation districts, and instrumentalities of one or more States.
23
29
119
37
18,227
51
24,896 21,383 1,815, 766 3, 786,464
39, 012 50,941 3, 543,379 10,71
REPORT OF THE COMPTROLLER OF THE CURRENCY
79
EARNINGS AND DIVIDENDS OF NATIONAL BANKS
A comparative statement of the earnings and dividends of national
banks for the years ended June 30, 1934 and 1935, and statements
showing the capital, surplus, earnings, and expenses, etc., of these
associations in reserve cities and States and Federal Reserve districts
in the year ended June 30, 1935, follow. (Similar tables for the 6month periods ended Dec. 31, 1934, and June 30, 1935, are published
in the appendix of this report. The appendix includes also abstracts
of reports of earnings and dividends of national banks, grouped by
size of banks according to deposits, geographically, and by Federal
Reserve districts for each of the 6-month periods ended Dec. 31,1934,
and June 30, 1935.)
Earnings and dividends of national banks for the years ended June 80,1984 and 19S5
[In thousands of dollars]
Year ended Year ended
June 30,1934 June 30,1935
(5,422 banks) (5,431 banks)
Capital, par value:
Class A preferred
Class B preferred
Common
__
_
_
__
_
Total
Surplus
._
_
Total capital and surplus
_
Capital funds i
401,989
10,081
1,326,722
503,914
21,20S
1,288,848
1,738,792
854,057
1,813,970
831,846
2,592,849
2,645,816
3,001,033
3,086,418
388, 064
291, 901
1, 551
17,936
346, 995
323,491
1,409
19,438
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
14, 111
23,616
16,317
53, 030
8,324
26, 479
22,685
54,313
806,526
803,134
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...
202,214
1,943
10,321
168,103
4,151
43, 606
128, 705
209, 217
1,875
8,009
155,632
612
41,992
135,866
557,043
553, 203
249,483
249,931
26, 304
93, 580
15,467
32, 341
156,645
9, 246
Total
Net earnings
_.
_
_
_
Recoveries, profits on securities, etc.:
On loans
_.
On bonds, stocks, and other securities
Allother
Total
Total net earnings, recoveries, etc
_
-
—
135,351
198, 232
384,834
448,163
i Represents aggregate book value of capital stock, surplus, undivided profits, reserves for contingencies,
reserves for dividends payable in common stock, and retirement fund for preferred stock.
80
REPORT OF THE COMPTROLLER OF THE CURRENCY
Earnings and dividends of national banks for the years ended June SO% 1934 o,nd
1935—Continued
[In thousands of dollars]
Year ended Year ended
June 30,1934 June 30,1935
(5,422 banks) (5,431 banks)
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
._
379,294
241, 789
29,833
37,464
188,237
136,713
22,313
29,498
688,380
376,791
Net addition to profits
2 303,546
71,372
Dividends:
On preferred stock
On common stock
Total
3,430
3 72,418
16,176
< 87,241
75,843
103,417
5.46
3.32
.83
6.77
4.11
3.08
4.36
2.53
5.70
3.35
2.93
» 22.88
a 13.92
» 17.46
3.91
5.54
3.37
3.93
2 11. 71
2 10. 11
2.70
2.31
Total
Ratios:
Dividends on common stock to common capital
percentDividends on common stock to common capital and surplus
do
Dividends on preferred stock to preferred capital
do
Dividends on preferred and common stock to preferred and common
capital—
percentDividends on preferred and common stock to capital funds
do
Dividends on preferred and common stock to preferred and common
capital and surplus
_..
percentNet addition to profits to common capital
...
.do
Net addition to profits to common capital and surplus.
.do
Net addition to profits to common and preferred capital.
...do
Net addition to profits to common and preferred capital and surplus
percent..
Net addition to profits to capital funds..
do
> Deficit.
«Includes stock dividends of $710,000.
* Includes stock dividends 0/$2,243,000.
NOTE. —The number of banks,capital, surplus, and capital funds used in this table are as of end of period.
Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1985
[In thousands of dollars]
Par value of capital stock
Location
Maine
New Hampshire
- -Vermont
_. Massachusetts.Boston
Rhode Island _.
. _.
Connecticut
_
TotalNewEngland
States
New York 1»
Brooklyn and Bronx
New York
New Jersey . _
Pennsylvania
_
Philadelphia
Pittsburgh
Delaware
Maryland l
_ __ _
Baltimore
Washington, D. C
Total Eastern States
Number of Class A
banks preferred
stock
40
52
43
123
6
12
54
3,451
1,288
1,405
10,850
500
650
3,868
330
22,012
442 32,059
7
1,425
10 100, 300
237 26, 718
685 19,011
17
2,625
7
200
16
185
2,585
58
5
1,000
9
1,650
1.493
187,758
Gross earnings
Interest
Total
divInter- and
idends
Surplus capital
est
and
Class B
and
on
bonds,
pre- Common Total
dissurplus count
stocks,
ferred
stock
and
stock
on
other
loans securities
475
300
100
1,375
10,884
7,020
6,296
35, 573
72,000
7,620
22, 661
3,868
4,001
1,920
13,866
42, 250
7,082
11,124
14,752
11,021
8,216
49,439
114, 250
14. 702
33, 785
1,880
1,555
1,209
7,093
11, 921
1,556
5,623
2,413
1,236
1 071
6,412
7,118
1,143
3,262
3,322
136, 720 162,054
84, 111
246,165
30, 837
22, 655
4,972
56,455 93,486 32, 952
2,475
487
3,900
207, 734 308, ^34 172,725
40,856 71, 283 20, 518
94,173 113,926 101, 784
32, 476 35,401 40, 610
22, 700 22,900 29,675
1,733
1,928
2,475
7,251
4,616
3,403
6, 250
7,250
5 700
9,300
7,650
4,750
126, 438
4,387
480, 759
91, 801
215, 710
76,011
52,575
4,403
10, 654
12, 950
14,050
18,031
438
34,950
12, 302
28, 260
8,488
3,873
456
1,951
811
2,099
18,304
fil3
44,284
12, 789
26,033
10,150
10,510
441
1,813
4,140
2,144
477,118 674,659 415, 079 1,089,738 111,659
131,121
1,072
3,709
742
300
10
50
9,783
6,958
5,432
4,791
23,348
71, 500
6,970
17, 721
Foreign
departInterment
est on Collec(except
tion
balTrust
interest on departances charges,
foreign
with commisment
other sions, loans, in
banks fees, etc. vestments,
and bank
balances)
108
14
38
34
2
1
231
4,521
63. 704
40,364
1,138
100,092
28,300
59, 411
20,390
15,148
942
3,986
5,551
4,890
o
1,636
48
8,256
1, 652
2,910
683
517
9
122
309
224
16. 366
280, 212
148
205
123
961
2,236
68
780
596
987
1,958
2,115
447
17
1,854
264
412
101
47
8
30
46
43
8
3
4,139
16
43
316
59
7
5
512
2
5,302
527
918
342
126
7
18
161
211
1,392
117
1,199
736
797
276
14
21
51
77
164
3,269
4,596
8,126
4,844
35
o
I
16
927
24
15
73
90
46
779
710
73
344
34
2
24
7
2
3
Total
gross
earnings
3
4,675
3,166
2,517
15.686
23,881
2,938
10,841
108
32
37
252
724
55
750
51
43
31
171
221
12
67
2
O
Service
charges Other
on de- earnposit
ings
accounts
d
1 Includes figures for the 2 years and 6 months ended June 30, 1935, of 7 banks in 6 States wnich were unlicensed on June 30, 1933, Dec. 31,1933, and June 30,1934, but which were
licensed during the year ended June 30.1935, as follows: New York, 1 bank; Maryland, 1 bank; West Virginia, 1 bank; Georgia, 1 bank; Alabama, 1 bank; and Illinois, 2 banks.
i Includes 2 banks in reserve city of Buffalo.
OO
00
fcO
Abstract of reports of earnings and dividends of national banks for the year ended June 30> 1985—Continued
[In thousands of dollars]
Par value of capital stock
Location
Virginia»
West Virginia»
North Carolina
Charlotte
South Carolina
Georgia l *
Florida
Jacksonville
Alabama *»
Mississippi
Louisiana
New Orleans
Texas •
Dallas
Fort Worth
Galveston
Houston
San Antonio
Waco
Arkansas
Little Rock
Kentucky 1
Louisville
Tennessee
Memphis
Nashville
Total
Number of Class A Class B
Surplus capital
and
banks prepre- Common Total
surplus
ferred ferred
stock
stock stock
132
79
41
3
19
68
47
3
69
25
27
3
427
4
Total Southern States— 1,187
Gross earnings
4,116
3,471
1,705
250
1,555
1,547
925
113
60
10
6,830
2,630
1,340
3,000
6,572
3,000
1,975
500
7,650
2,050
500
1,205
200
2,205
1,493
3,960
2,650
125
141
350
25
250
100
4,000
62,679
3,854
22,838
10,156
4,402
1,050
3,005
16,808
8,855
6,000
11,620
2,725
4,830
5,200
30, 383
13,150
2,775
1,650
9,100
3,300
850
3,865
800
9,020
2,250
8,126
5,500
4,300
27,067 12,224
13,687 4,564
6,117 2,302
1,300
650
4,565 1,304
18,380 7,468
9,780 3,080
6,000 1,735
21,100
7,076
5,480
1,124
6,170
1,674
8,200
3,787
37,096 15,318
16,150 3,250
4,750 1,230
800
2,150
16,750 5,479
5,350 1,625
450
1,350
5,420 2,359
200
1,000
11,250 5,689
3,993 3,850
12,186 2,987
5,500 3,000
8,300
550
192, 558 259,091
93,775
39,291
18,251
8,419
1,950
5,869
25,848
12,860
7,735
28,176
6,604
7,844
11,987
52,414
19,400
5,980
2,950
22,229
6,975
1,800
Interest
Inter- and divest and onidends
bonds,
discount stocks,
and
on
other
loans
securities
16,939
7,843
15,173
8,500
8,850
7,424
3,277
1,397
291
769
4,711
1,183
678
3,712
1,058
1,643
2,501
10,056
3,279
1,455
517
2,140
825
265
1,369
204
3,063
1,022
2,536
1,621
1,668
3,638
1,693
677
193
602
2,107
1,877
1,146
2,153
965
617
1,694
4,476
1,778
536
355
2,180
929
241
1,080
164
1,592
1,384
1,634
1,226
678
352,866
58,664
35,615
7,779
3,200
Foreign
departServInter- Collecment
est on
ice
(except
tion
Other
bal- charges, interest
Trust
charges
ances commis- foreignon depart- on de- earnwith
ings
ment
posit
loans, insions,
other
acbanks fees, etc vestments,
counts
and bank
balances)
81
132
32
199
633
340
71
223
187
115
147
120
31
42
102
30
27
181
92
56
43
117
284
116
203
4,497
236
299
96
49
15
43
226
59
116
198
24
34
155
79
104
41
23
96
46
2
13
7
50
11
59
92
21
Total
gross
earnings
385
122
223
41
95
325
350
76
186
69
129
80
825
114
91
23
232
53
40
93
28
77
126
80
59
75
657
552
132
29
•90
820
313
211
621
152
218
420
1,113
328
254
58
805
484
25
168
21
274
45
196
595
146
12,656
5,843
2,615
601
1,800
8,823
4,140
2,307
7,246
2,455
2,757
5,144
17,380
5,728
2,419
1,018
5,565
2,367
601
2,906
516
5,116
2,632
4,669
3,887
2,706
3,997
8,727
113,897
Ohio' „
. . .
Cincinnati.
Columbus
Indiana
__ _ _
Indianapolis
Illinois *
Chicago, central reserve _.
Chicago, other reserve
Peoria
_ _
Michigan •10
Wisconsin
Minnesota . .
Minneapolis
. _ . ._
St. Paul .
Iowa l l
Sioux City
Missouri
Kansas City..
St JoseDh
St. Louis
Total Middle Western
States
245
4
3
122
3
271
13
8
3
85
106
199
4
3
117
4
70
7
4
6
20,837
2,700
5,712
1,800
7,211
76,150
350
400
18,015
14,974
5,418
5,600
2,250
6,176
200
1,740
1,650
543
1,300
129
510
195
263
138
15
2,300
1,277
173, 483
3,093
North Dakota
South Dakota
Nebraska _
Lincoln
Omaha _
Kansas 12
Topeka
Wichita
Montana 18
Wyoming14 .
Colorado
,_ _ _
Denver
New Mexico
Oklahoma
Oklahoma City
Tulsa
67
58
128
3
6
184
3
4
46
26
76
5
23
206
5
4
2,237
2 763
1,453
300
3,145
2 170
45
15
Total Western States
844
28,236
100
1,474
605
1,620
2,485
410
1,199
2,575
5,700
500
137
30
200
32
150
1,109
17,692
5,250
3 300
5,075
4,310
9,519
24, 360
1,375
1,950
12,095
7,841
5,694
6,550
4,163
3 869
575
1,930
2,493
850
3,482
78,505
13,150
13,200
23,098
11,360
37,615
160,110
4,075
5,210
49,186
41,827
24,913
23,950
13,163
17 810
1,825
8,435
9,293
1 950
19, 582
10,600
1,611
1,554
3,287
925
4,718
16,233
414
436
4,728
5,507
3,131
3,321
1,984
2 382
246
1,408
1,584
282
2,420
9,054
1,415
1,994
3,369
1,333
5,765
17,551
861
559
7,358
5,855
4,113
3,026
1,818
2 367
338
1,099
1,806
302
2,939
259,308 435,884 122,373
39,433 60,813
7,900
7,900
7,200
9,900
11,011 18, 023
5,250
7,050
20, 756 28,096
59, 600 135, 750
2,350
2.700
2,860
3,280
18,566 37,091
18,817 33,986
13,538 19, 219
11,800 17,400
9,000
6,750
7,627 13.941
1,250
1,050
6,505
4,750
6,800
5,150
1 100
1,100
13,800 16,100
3
428
15
103
264
32
535
1,719
164
26
343
350
813
687
276
379
29
89
114
17
137
54
1
3
7
18
8
37
3
63
9
110
11
2
2
4
36
558,257
66,771
72,922
371
6,520
3,136
2,755
5,645
1,350
3,400
9,717
1,200
2,300
3,922
1,935
4,557
4,000
1,585
9,989
4,625
3,450
5,418
5,533
7,098
1,650
7,045
12,024
1,200
2,400
5,426
2.740
6,177
6,485
1,995
11,220
7,350
9,150
1,504
981
2,786
500
1,635
3 698
400
1,300
1,815
1,174
2,749
4, 015
843
4,068
1,160
2,585
6, 922
6 514
9,884
2 150
8,680
15 722
1,600
3 700
7,241
3,914
8,926
10,500
2,838
15,288
8,510
11, 735
768
111
1,727
356
1,140
2,705
247
324
809
878
1,436
1,401
614
3,256
1,340
1,548
837
851
1,182
439
1,250
1 669
379
353
1,228
433
1,265
2,155
414
2,580
1,549
823
3
26
5
5
18
5
26
21
8
38
6
24
381
222
236
13
163
225
8
43
176
79
108
58
56
329
42
31
63,566
92.911
31,213
124,124
19, 326
17, 407
186
2,170
1
116
15
617
13
97
415
97
843
810
315
64
629
754
269
198
66
385
52
170
148
35
112
1,466
248
609
518
118
807
3,990
67
121
795
1,259
590
328
595
439
39
156
67
46
331
23.321
3,425
4,502
7,994
2,569
12,866
47, 482
1,867
1,266
14,265
13,868
9,158
8,401
4,756
6,058
22
986
107
142
134
44
188
6,329
34
57
265
91
129
750
7
104
5
17
231
9
146
1,204
9,775
6,089
12,589
176, 241
17
13
3
7
129
32
15
46
18
12
60
219
9
31
47
54
85
112
224
43
140
385
26
64
92
97
276
233
84
314
131
109
298
217
208
70
707
432
37
156
217
70
320
162
125
431
143
649
2,389
2,192
3,581
928
3, 531
5,474
717
991
2,558
1,574
3,491
4,253
1,310
6,979
3.258
3,238
712
2,415
4,242
46,464
2
2
813
12
84
43
3
80
10
2
2
4
6
711
2,943
3,988
691
6,110
i Includes figures for the 2 years and 6 months ended June 30,1935, of 7 banks in 0 States which were unlicensed on June 30,1933, Dec. 31,1933, and June30,1934, but which were
licensed during the year ended June 30, 1935, as follows: New York, 1 bank; Maryland, 1 bank; 10West Verginia, 1 bank; Georgia, 1 bank; Alabama, 1 bank; and Illinois, 2 banks*
a Includes 2 banks in reserve city of Richmond.
Includes 2 banks in reserve city of Milwaukee.
• Includes 2 banks in each reserve city of Atlanta and Savannah.
» Includes 1 bank in each reserve city of Cedar Rapids and Dubuque; also 2
* Includes 1 bank in reserve city of Birmingham.
banks
in Des Moines.
12
• Included 2 banks in reserve city of El Paso.
Includes 2 banks in reserve city of Kansas City, Kans.
»Includes 2 banks in reserve city of Louisville for Dec. 31, 1934.
i» includes 1 bank in reserve city of Helena.
«Includes 2 banks in reserve city of Cleveland and 1 bank in Toledo.
" Includes 2 banks in reserve city of Pueblo.
• Includes 2 banks in each reserve city of Detroit and Grand Rapids.
00
Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1935—Continued
[In thousands of dollars]
Gross earnings
Par value of capital stock
Location
Washington 1S
Seattle
Oregon l* •
California
Los Angeles
San Francisco
Idaho _- .
Utah w
Salt Lake City
Nevada
«- _
Arizona. _.
2,701
12
741
4,639
12,300
5,500
645
742
800
175
1,340
35
-
64
3
52
116
4
5
24
10
3
6
7
Total Pacific States
294
29,583
47
4
38
_
-
Alaska (nonmember)
The Territory of Hawaii (nonmember)
Virgin Islands of the United
States (nonmember)-..
Total ( n o n m e m b e r
banks)
1
1
125
6
163
Total central reserve cities
23 176,450
Total all other reserve cities...
230 129,003
Total country banks, including nonmember banks
5,178 198,461
Total United States
5,431 503,914
Interest
Inter- and divest and onidends
bonds,
disstocks,
count
and
on
other
loans
securities
Foreign
departInter- CollecServment
est on
ice
tion
(except
bal- charges,
Trust
charges
OD depart- on de- Other
ances commis- interest
earnforeign
posit
with
ings
sions,
loans, in- ment
acother fees,
etc.
vestments,
counts
banks
and bank
balances)
Total
Total
Surplus capital
and
surplus
10,186
13,000
10,020
16,050
45,500
80,900
2,380
1,475
2,650
S10
2,625
2,789
3,100
5,159
6,809
17,750
46,117
499
443
730
196
858
12,975
16,100
15,179
21,859
63,250
127,017
2,879
1,918
3,380
1,006
3,483
2,010
2,229
2,472
4,592
16,747
28,654
433
557
426
181
423
1,744
2,606
3,516
2,918
10,355
19,672
510
275
613
343
502
14
29
41
53
16
36
4
174
3
9
2
168
220
171
215
746
550
52
12
35
14
49
7
93
42
6
57
1,076
155,966 185, 596 83,450
269,046
58,724
43,054
381
2,232
2
35
Number of Class A Class B
pre- Common
banks prestock
ferred ferred
stock
stock
7,473
13,000
9,244
11,411
33,200
75,400
1,735
733
1,850
635
1,285
237
275
180
455
115
79
3,350
3,350
1,650
5,000
898
638
25
150
15
165
1
3,612
3,775
1,845
5,620
118
Total
gross
earnings
6
107
134
220
269
1,688
1,496
11
10
6
1
7
191
192
325
282
780
1,193
67
30
59
19
64
331
138
515
771
2,016
3,535
91
80
43
77
208
4,672
5,641
7,302
9,106
32,405
56,212
1,168
1,138
1,185
644
1,261
1,287
3,949
3,202
7,805
120,634
1
3
28
263
20
35
1,717
8
1
2
1,014
717
2
154
8
1
23
640,869 51,183
891,247 128,877
557,243 773,012 340,688 1,113,700 166,935
61,835
121,523
145
680
3,573
6,477
4,952
3,048
11,631
9,309
2,009
8,390
140,133
584
9,388
324
5,539
12,286
21,848
21,208 1,288,848 1,813,970 831,846 2,645,816 346,995
323,491
1,409
19,438
8,324
26,479
22,685
54,313- 803,134
3,900
17,308
267,334 443,784 197,085
464,271 597,174 294,073
63
1,982
12, 246 147,574
20,219. 298,523
357,037
Recoveries, profits on securities, etc.
Expenses
Location
Maine
New Hampshire
Vermont
Massachusetts
Boston _ _
Rhode Island
Connecticut
_ _
Total New England States
New York
Brooklyn and Bronx.. ._
New York
New Jersey
___ _
Pennsylvania __ _
Philadelphia
Pittsburgh
Delaware
Maryland
Baltimore
Washington, D. C .
Total Eastern States
Salaries
and
wages
Interest
on deposits of
other
banks
919
23
Interest
, Interest Interest and
on other on other countdison Taxes
time borrowed
demand
deposits deposits money
9
5
7
3
1,566
541
695
3,741
2,342
388
2,140
260
50
11,413
78
134
1
70
35
8
229
270
1
620
32
643
208
269
71
111
12,314
173
3,909
9,136
20,652
1,992
2,594
251
1,534
712
1,063
93
1
2
. 54
49
7
54, 330
218
841
575
3,928
6,518
775
2,939
14
9
52
95
7
60
16,495
9,326
357
30,421
6,804
12,085
4,808
2,701
185
785
926
1,524
69,922
837
6
20
15
89
1,969
2
21
3
47
1
4
4
8
Other Total exexpenses penses
Net earnings
On bonds,
stocks,
and
On
All
other
other
loans
securities
Total
2,892
1,672
1,215
8,092
14,212
1,921
6,076
203
187
637
1 084
124
667
3,095
585
332
2,634
3 910
584
1,646
3,291
2,225
1,801
11,048
13,954
1,886
7,459
1,384
941
716
4,638
9 927
1,052
3,382
182
115
54
442
542
43
356
1,238
550
434
2,842
3 351
780
2,015
66
11
170
392
46
323
10, 273
41,664
22,040
1,734
11, 210
1,096
14,040
36,080
1,464
36
5,814
1,578
2,452
1,103
627
43
187
299
295
6,514
344
20,175
4,727
7,112
3,195
1,577
107
466
628
743
30,465
944
61,034
22,542
42,627
11, 405
7,880
591
2,995
2,654
3,625
9,899
194
39,058
5,758
16,784
8,985
7,268
351
991
2,897
1,265
1,479
67
6,271
788
487
520
323
9
101
140
100
9,196
286
23,166
6,734
9,143
3,025
2,303
99
874
4,951
792
11,259
356
29,814
8,357
10,049
3,672
2,676
114
988
5,113
912
21,158
550
68,872
14,115
26,833
12,657
9,944
465
1,979
8,010
2,177
13,898
45,588
186, 762
93,450
10, 285
60,569
584
3
377
835
419
127
50
6
13
22
20
2, 456
73, 310
166, 760
2,564
1,469
498
6,522
3,274
1,184
193
582
1 508
731
499
3,454
4 285
869
2,694
88
1
65
3,359
Virginia.-.
2,894
8,698
1,724
5
674
41
2,100
399
3,958
5
10
1,449
65
235
750
484
4,038
905
272
1,332
1,805
West Virginia
1
2
9
385
62
505
1,929
506
158
51
6S6
748
North Carolina
1
7
435
54
22
139
27
159
166
109
Charlotte
2
4
283
16
1,279
521
279
134
46
350
510
South Carolina
6,332
2,491
127
939
1,881
38
612
97
2,286
215
1,418
Georgia
2
24
164
44
73
851
1,276
1,222
2,918
581
950
Florida
84
332
7
675
44
1,686
487
39
621
26
718
Jacksonville
.
959
285
1,337
1,902
4,848
1,289
17
S
100
2,398
170
10
Alabama
_
wft Includes 2 banks in reserve city of Spokane.
i Includes 2 banks in reserve city of Portland.
17 Includes 1 bank in reserve city of Ogden.
N O T E . — T h e number of banks, capital and surplus shown in this table are for active banks on June 30,1935. The remaining figures, however, include the returns
the 6 months ended Dec. 31,1934. (See also semiannual statements published in appendix of this report.)
Total net
earnings,
recoveries, etc.
83
345
1,281
1,047
726
1,229
249
866
3,772
2,269
1,347
3,627
of 5,467 banks In
OO
Ox
Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1985—Continued
00
[In thousands of dollars]
Recoveries, profits on securities, etc.
Expenses
Location
Mississippi
Louisiana.—
New Orleans
Texas..
.
. _
Dallas
Fort Worth
Gaiveston
Houston
San Antonio _ _ __
Waco
Arkansas
Little Rock
Kentucky
Louisville
. _
Tennessee
Memphis
Nashville
Salaries
and
wages
629
765
1,618
5,329
1 256
654
249
1,564
575
144
678
182
1,213
701
1,150
811
588
Total Southern States.
Ohio
Cincinnati
Columbus
Indiana
_
Indianapolis
Illinois
Chicago central Reserve
Chicago, other Reserve
Peoria-.
_ ... .
Michigan
Wisconsin
Minnesota
_ __
«Minneapolis
St. Paul
Iowa
Sioux City
..
_ .
..
.
_ .
_.
Interest
on deposits of
other
banks
Interest
on other
demand
deposits
Interest
Interest and
dison other count
on
time
borrowed
deposits money
483
745
1,185
5,652
2 741
966
251
],788
631
172
991
161
1,501
993
1,245
1,615
869
79
67
14
1,270
355
178
41
418
231
26
126
2
157
72
95
152
46
379
360
1,404
2,685
1,105
326
212
2,173
624
99
583
74
566
1,068
868
1,064
474
15
12
3
269
43
45
5
95
67
1
26
2
24
45
22
72
51
473
439
1,421
4,224
1,503
549
258
2,686
922
126
735
78
747
1,185
985
1,288
571
956
1,184
2,606
9,876
4 244
1 515
509
4,474
1,553
298
1,726
239
2,248
2,178
2,230
2,903
1,440
140
7,566
19,857
78,040
35,857
4,844
21,159
1,429
27,432
63,289
25
3
1
4
1,420
256
323
623
301
663
2,463
81
75
718
438
638
526
409
180
24
4,154
307
1,289
1,251
249
2,176
7,804
402
189
2,685
2,518
1,596
1,882
1,197
1,212
170
17,428
1,880
3,126
6,038
1 723
9,333
28,310
1,396
950
10,62E
10,331
7,302
6,023
3,433
4,339
508
5,893
1,545
1,376
1,956
846
3,533
19,172
471
316
3,640
3,537
1,856
2,378
1,323
1,719
203
400
182
166
374
59
539
4,805
50
59
281
621
493
775
481
347
9
3,682
477
892
1,463
909
2,787
8,163
359
243
3,757
2,793
1,733
1,844
1,408
1,000
134
214
3
10
75
2
171
580
7
29
86
659
89
256
364
159
16
4,296
662
1,068
1,912
970
3,497
13,548
416
331
4,124
4,073
2,315
2,875
2,253
1,506
159
10,189
2,207
2,444
3,868
1 816
7,030
32,720
887
647
7,764
7,610
4,171
5,253
3,576
3,225
362
41
1
43
29,931
169
1,051
19, 326
5,971
749
796
2,052
670
3,715
13,376
607
369
4,101
3,849
2,448
2,516
1,071
1,634
224
20
9
5
15
19
2
4
604
31
289
266
119
61
177
3
5
28
433
23
42
64
249
28
5,234
525
423
1,827
365
2,711
4,486
303
312
3,054
3,020
2,593
891
677
1,064
62
8
6
23
12
1
166
15
Total
Total net
earnings,
recoveries, etc.
1,972
2,012
3,959
11,728
2 987
1,453
767
3,777
1,736
429
1,915
355
3,615
1,639
3,424
2,272
1,837
40
22
19
28
13
12
On
loans
On bonds,
stocks,
and
All
other
other
securities
434
491
1,002
3,164
702
467
89
1,107
617
98
505
129
685
426
682
662
465
22
31
8
101
278
28
21
12
62
36
15
32
Net earnings
255
238
437
1,363
468
87
107
489
196
51
151
16
405
113
306
267
207
601
510
799
1,560
535
212
298
555
312
121
539
28
1,261
377
1,225
503
521
2
9
Taxes
Other Total exexpenses penses
25
12
2
5
1
5
16
61
3
Missouri
Kansas City
_ . _.
St. Joseph
St. Louis
Total Middle Western States—
831
1,201
255
1,839
48,274
North Dakota
South Dakota — ._
Nebraska
Lincoln
_
Omaha
Kansas
Topeka
Wichita
Montana .
Wyoming
Colorado
Denver
New Mexico
Oklahoma
Oklahoma City
Tulsa
Total Western States
697
673
1,091
291
1,009
1,721
206
295
713
461
997
1,282
389
2,091
623
932
13,471
,
-
_.
Washington
Seattle
Oregon
—
California
Los Angeles
San Francisco
Idaho .
Utah
Salt Lake City
Nevada
Arizona
Total Pacific States
Alaska (nonmember)
The Territory of Hawaii (nonmember)
Virgin Islands of the United States
(nonmember)
Total (nonmember banks)
Total central Reserve cities-.
Total all other Reserve cities
Total country banks, including nonmember banks
Total United States
i Deficit.
1
30
2
55
379
44
16
4
20
526
300
126
918
3
2,506
29,417
121
2
25
22
9
532
371
701
90
5
4
14
94
240
882
2
22
23
23
528
364
659
195
213
39
335
•
528
677
163
815
2,128
2,437
1,551
589
102
81
138
32
211
198
2,940
592
661
175
2,549
47,982
1,407
2,212
277
4,410
102,075
224
259
408
471
1,278
430
96
760
334
217
608
1,998
234
759
515
323
8,914
20
49
49
2
22
113
20
11
28
33
31
30
17
133
72
4
634
466
418
727
505
1,361
991
134
842
618
361
954
2,155
339
1,371
931
397
12,570
949
939
1,770
794
2,489
2,450
393
1,113
1,199
748
1,856
3,376
770
* 3,584
2,516
1,373
26, 319
676
1,425
1,065
1,172
6,038
7,898
275
123
261
59
323
19, 315
13
15
81
95
118
182
10
18
22
90
44
688
809
1,556
1,426
1,535
6,846
8,740
328
165
298
183
423
22, 309
2,080
3,852
3,447
3,829
15,605
20,898
628
444
703
361
642
52,489
7
10
529
1
2
51
538
143
1,014
9,920
1,082
31, 531
4,249
122,148
1,861
54,093
115
84
157
35
560
511
561
214
222
110
270
32
186
306
954
999
483
521
1,043
289
1,128
1,459
259
271
581
387
902
256
111
315
976
70
13, 749
3,022
10,103
498
514
143
2,140
34,939
13
9
57
308
149
779
773
6,806
22
2,459
9,050
1,906
1,671
2,538
639
2,403
4,015
458
720
1,977
1,187
2,589
3,032
879
4,766
1,673
2,262
32, 715
105
122
97
122
305
725
33
948
725
1,519
2,327
9,302
17,992
231
13
143
131
346
290
1,119
2,691
54
766
763
1,159
1,560
4,952
8,904
207
3,301
3,345
5,281
6,812
23, 646
44,054
868
1,271
2,296
2,021
2,294
8,759
12,158
300
120
116
280
268
690
660
43
42
44
1
17
205
224
156
172
382
205
113
326
859
780
466
7
21
25
25
141
24
15
34
56
1,613
33,801
33
4,986
19, 337
1,042
90,454
279
405
178
219
30,180
2,306
63
469
4
43
45
46
171
92
40
493
13
55
181
1,241
4
536
43, 797
76,244
3
47
539
68
230
74
1,297
820
3,547
8,395
55,265
8,277
15,378
27, 979
50,854
8
1,420
89,344
202,683
58,230
95,840
47
11,076
8,403
539
31, 329
63,891
3
957
3,310
589
43, 362
75,604
1,151
101, 592
171,444
89,176
209,217
504
1,875
3,642
8,009
91,972
155, 632
18,337 57,033
41,992 135,866
261,176
553, 203
95,861
249,931
12,862
32,341
61,425
156.645
4,979
9,246
79,266
198,232
175,127
448,163
1,325
1,593
2,158
2,504
7,950
13,680
342
206
280
171
379
30,588
2
2
11
3
7
2
3
24
2
27
14
37
134
1
11
1
18
61
1
1
2
96
29
10
60
13
263
107
21
67
65
68
650
143
895
310
1
218
99
337
1
9
330
92
208
55
2
8
1
2
1
2
98
512
612
134
273
496
238
569
686
239
1,273
564
1,221
431
2,213
1,585
476
61
448
18
71
127
88
479
344
16
562
OO
4
Abstract of reports of earnings and dividends of national banks for the year ended June 80, 1985—Continued
[In thousands of dollars]
Dividends
Losses and depreciation
Location
Maine
New Hampshire
Vermont
Massachusetts
Boston ._
Rhode Island
Connecticut
On
loans
1,493
503
406
3,646
5,017
.
136
28
118
423
1,114
1,674
737
28
447
187
506
15,552
11,445
1,720
2,512
31,229
1,117
103
3,325
1,002
1,254
1,706
98
3,998
2,494
1,317
160
237
171
171
458
117
66
61,242
1,002
867
159
14
654
14, 353
348
21,839
11,000
10,155
4,886
1,796
95
1,329
107
990
Total Eastern States.. 66,898
Virginia
West Virginia
North Carolina
Charlotte.
South Carolina...
Georgia
29
40
24
523
629
3,833
__
New York
Brooklyn and Bronx
New York City
New Jersey
Pennsylvania.. . .
Philadelphia
Pittsburgh
Delaware
Maryland
_
Baltimore
Washington, D. C
978
707
502
3,720
3,127
Total
2,636
1,278
1,050
8,312
9,887
1,606
6,460
. _.
Total New England
States
On
On
bonds, banking Other
stocks, house, losses
and
furniand
other
ture
depresecuri- and fix- ciation
ties
tures
..
3,323
2,664
374
168
15,093
554
10,461
9,991
11,158
2,586
4,358
98
750
5,735
Net
addition to
profits
On
preferred
stock
On
common
stock
Dividends
Dividends on com- Net addion com- mon stock tion to
stock to com- profits to
Total mon
to common
common
mon
capital
capital!
capital i
and sur1
plus
1,060
Percent
3.85
5.36
2.73
3.91
8.33
11.31
5.24
Percent
2.48
3.08
1.95
2.45
5.23
5.61
3.22
10,108
6.78
4.20
613 »1,933
2,546
34
34
3,484 24,969 28,453
510 «1,005
1,515
527 7 5, 745 6,272
71
4,614
4,685
5
1,536
1,531
164
6
158
291
8 209
82
39
1,359
1,320
3.42
2.16
6.56
1.64
2.93
6.31
2.92
3.75
2.61
11.05
3.31
256
394
165
4
220
4,325
315
4
384
159
48
74
374
23
27
131
788
929
4,851
836
9,272
4
Ratios
»268
291
8 131
912
5,953
427
339
205
1,286
5,976
815
62
68
32,269
1,103
39,623
24,487
23,884
7,803
6,562
214
2,269
6,021
1,582
1 1 , 111
4
553
29,249
4
10,372
2,949
4,854
3,382
251
4
290
1,989
595
69
410
479
12.02
2.46
6.10
14.21
6.74
9.12
4.53
21.12
5.36
7,459
10,218
145,817
20,943
5,440
41,894
47,334
8.78
4.70
435
370
265
60
9
393
3,126
646
»1,453
"263
"234
60
"175
1,157
1,574
389
307
65
107
469
1,392
4
759
522
58
473
121
237
69
5,130
4,033
662
191
6.36
2.59
5.32
5.71
5.82
6.88
4.14
1.79
3.49
3.53
4.06
4.77
13
65
165
58
63
1,655
715
287
8
125
126
73
5
40
54
215
1,211
Percent
3.68
7.25
3.44
4
.94
6.05
4.52
4
2.17
Net addiNet addi- Net addi- tion to
profits to
tion to
tion to
profits to profits to common
common common and preferred
capital
and precapital
and surferred
and surplus 1
capitali
plus 1
Percent
2.36
4.18
2.46
4
.59
3.80
2.24
4
1.33
2.20
3.55
4
19.
4
68
22.34
14.08
4
25.39
3.13
14.95
14.90
14.48
4
6.28
31.82
7.78
4
12.
4
43
18. 67
7.69
4
16.90
1.50
6.64
6.46
5.96
4
3. 62
16.64
4.80
6.10
7.47
11.86
5.52
15.74
3.84
3.97
5.16
7.79
3.41
10.98
2.66
4
Percent
1.74
3.57
2.01
4
14.18
9.50
4
14.55
2.59
13.71
14.77
13.02
4
4.00
27.43
6.40
4
8.79
12.61
6.08
4
11.30
1.37
6.39
6.43
5.70
4
2.72
15.36
4.23
4
1.92
3.10
5.14
5.55
8.53
4.46
10.36
3.51
4
3.79
2.14
1.14
1.97
2.99
4
11.89
4
2.35
4.39
4
Percent
2.35
5.61
2.62
4
.62
6.01
4.13
4
1.69
4
3.54
4.16
6.20
2.97
8.06
2.50
689
169
1,939
969
364
572
3,710
1,680
690
96
857
862
114
747
2
877
829
1,226
277
664
790
430
1,181
430
353
539
1,805
536
140
65
1,149
356
93
507
36
479
848
333
755
237
170
90
162
63
8
69
742
18
59
. 36
338
68
10
47
14
83
45
80
104
52
110
55
573
143
147
44
692
72
227
36
544
92
42
173
Total Southern States. 25,682
13,877
3,349
Florida ^
Jacksonville
Alabama
--- -,
Mississippi
Louisiana
New Orleans
Texas
Dallas
Fort Worth
Galveston
Houston _
San Antonio
Waco
Arkansas
Little Rock
Kentucky
Louisville
Tennessee
Memphis
Nashville
-•.
-.. - ..
3,240
396
5,423
Ohio
1,092
18
573
Cincinnati
695
156
Columbus
1,574
272
1,036
1,366
Indiana
766
62
Indianapolis
319
2,374
3,500
Illinois
..
782
21,076
10,437
Chicago, central Reserve239
134
119
Chicago, other Reserve..
124
51
40
Peoria
202
1,954
2,627
Michigan
7,608
2,829
412
Wisconsin
i Capital and surplus as of June 30,1935.
*Includes stock dividend of $40,000.
a Includes stock dividend of $4,000.
• Deficit.
»Includes stock dividend of $2,000,
«Includes stock dividend of $1,000.
129
177
118
136
78
1,759
744
3,855
1,605
872
1,224
6,949
2,306
1,116
233
2,888
1,378
259
1,474
52
1,568
1,899
1,757
1,272
1,031
510
603
•228
•649
312
1,382
2,927
1 938
399
276
1,586
175
39
252
187
680
279
473
1,631
409
399
65
39
118
215
160
64
17
284
46
19
44
5
73
20
79
27
4,868
47,776
15, 513
2,093
797
59
154
356
82
707
1,105
85
40
389
731
9,856
1,742
2,579
3,030
910
6,900
33,400
577
255
5,172
11,580
328
180
579
72
52
432
1,515
930
355
180
978
137
91
550
1,730
1,090
299
105
897
178
69
206
32
677
420
394
313
88
12,550
3.70
3.00
4.98
2.64
1.08
8.31
4.99
7.07
8.47
5.33
6.74
4.00
5.88
4.19
3.38
6.70
17.78
3.88
5.69
2.05
2.75
2.33
3.10
1.87
.80
4.81
3.32
5.67
5.87
3.59
4.20
2.68
3.85
2.60
2.70
4.11
6.56
2.83
3.68
1.81
5.78
10.05
•1.96
• 23.82
6.46
26.58
9.63
14.74
14.38
16.73
17.43
5.30
4.59
6.52
23.38
7.54
12.40
5.82
29.65
9.51
4.27
7.80
•1.22
•16.86
4.80
15.38
6.40
11.82
9.96
11.27
10.88
3.55
3.00
4.05
18.70
4.62
4.57
4.26
19.19
8.43
5.21
10.05
•1.08
•11.84
5.06
16.85
7.89
12.00
8.40
12.84
9.47
3.27
2.89
4.65
18.70
6.04
6.99
3.88
29.65
4.93
3.97
7.80
•.81
•9.83
3.98
11.53
5.58
9.99
6.67
9.36
7.13
2.51
2.17
3.24
15.58
4.01
3.56
3.12
19.19
4.62
5.43
3.65
8.06
5.42
5.99
4.40
1,264
490
4S7
440
424
690
3,210
50
173
1,303
441
78 Includes stock dividend of $14,000.
Includes stock dividend of $100,000.
»Includes stock dividend of $3,000.
io Includes stock dividend of $4,000.
» Includes stock dividend of $88,000.
u Includes stock dividend of $50,000.
1.66
6.20
5.83
1.76
5.90
2.25
.10
1.23
5.45
3.79
1.91
333
465
•135
838
906
130
•680
310
392
2,592
• 3, 970
608
67
246
114
224
3,150
21
17
599
82
88
613
132
50
162
27
604
400
315
313
88
10,457
656
490
420
194
310
"466
60
29
8 156
"704
16 359
1.15
.58
.84
.55
3.73
3.54
5.89
5.89
•1.29
•1.88
4.00
•1.36
1.21
5.21
7.61
4.65
3.24
9.48
17.26
12.85
1.54
.63
.43
.46
•1.14
.07
•.81
•.50
.78
13.19
8.32
11.48
3.24
8.15
13.71
12.02
2.30
13.96
8.45
6.99
•
21.10
•
14.89
1.35
• 11.68
is Includes stock dividend of $75,000.
" Includes stock dividend of $65,000.
i« Includes stock dividend of $16,000.
i» Includes stock dividend of $60,000.
o
o
.42
3.54
• 1 02
3.63
7.98
.35
•.42
7.61
7.52
5.27
•9.49
g
3
o
00
Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1935—Continued
CO
O
[In thousands of dollars]
Losses and depreciation
Location
On
loans
Minnesota
1,329
Minneapolis
1,965
St. Paul
476
Iowa
1,259
Sioux City
44
Missouri,.
797
581
Kansas City
59
St. Joseph
681
St. Louis
Total Middle Western
51,583
States
North Dakota
822
South Dakota
636
Nebraska
674
Lincoln
115
Omaha
437
Kansas
1,293
Topeka
74
Wichita
149
Montana
546
Wyoming__>
477
Colorado
881
Denver
359
New Mexico
237
Oklahoma
836
Oklahoma City
_, 1,049
Tulsa
1,935
Total Western States. 10,520
On
On
bonds, banking Other
stocks, house, losses
and
furniand.
other
ture
depresecuri- and fix- ciation
ties
tures
Total
Net
addition to
profits
113
9
126
25
2
128
287
211
78
282
5
185
198
26
102
3,682
4,185
1,014
2,527
163
1,512
1,213
167
2,874
489
1,068
2,562
698
199
<105
999
110
1,536
183
204
9
231
10
68
66
3,463
5,879
93,338
8,737
6,056
76
74
134
12
85
332
21
5
88
33
119
191
47
235
20
93
1.400
1,112
1,245
540
1,656
2,315
192
877
1,196
794
1,650
1,485
438
1,780
1,465
2,460
1,565
20,605
1,825
1,936
445
873
105
404
409
80
1,963
32,413
241
73
15
Ratios
Dividends
On
preferred
stock
157
Dividends
on common stock
to common
capital
and surplus
6,781
51
44
102
42
82
183
11
131
. 46
59
107
60
60
348
87
326
1,739
52
73
46
11
126
65
4
23
21
36
103
24
33
83
25
5,714
725
Net addition to
profits to
common
and preferred
capital
Percent
2.54
6.14
28.47
5.01
15.92
41.61
14.69
10.00
9.54
On
common
stock
17 462
943
788
"268
10
i»152
457
39
868
645
1,147
797
499
20
220
523
39
1,025
Percent
3.41
7.99
11.67
3.51
.95
3.20
8.87
3.55
6.29
Percent
2.40
5.14
7.22
2.33
.62
2.28
5.98
2.00
5.02
Percent
3.61
9.05
37.96
9.15
18.95
4 2.21
19.40
10.00
11.13
Percent
2.54
5.82
23.48
6.07
12.25
4
1.57
13.07
5.64
8.89
7,831
13,887
3.02
2.05
111
140
409
83
265
340
1.88
2.43
6.43
5.33
4.09
2.83
7.33
5.26
13.03
5.79
4.37
7.60
6.06
8.85
20.74
1.27
1.79
4.31
3.89
2.76
2.05
5.50
3.36
8.91
3.60
2.72
3.79
3.95
6.29
16.58
3.37
=
4 14.38
4 6.28
9.30
18.81
24.50
1.39
16.75
10.26
.08
4 2.38
4.52
47.28
20.95
18.06
22.72
4 31.51
4 9.72
4 4.63
6.23
13.73
16.54
1.01
12.56
6.56
.05
<1.48
2.82
23.59
13.67
12.83
18.17
418.01
6.68
4.48
Ml
451
358
335
371
1,052
507
86
592
516
225
543
875
94
361
309
106
Net addiNet addi- tion to
tion to profits to
profits to common
common capital
capital and surplus
Dividends
on common stock
Total to common
capital
2167
22 363
72
139
23 275
88
121
24 511
112
•199
304
96
2
«884
88
125
534
133
235
407
120
917
1,042
25
4,249
4,974
8.99
2.29
. .
Net addition to
profits to
common
and preferred
capital
and surplus
Percent
1.96
4.46
19.46
3.92
10.90
4 1.24
10.75
5.64
7.84
2.00
1.57
4 8.32
4 3.13
7.40
15.39
11.82
1.12
16.75
9.83
.06
4 1.68
3.33
29.16
16.64
16.08
14.30
4 11.88
4 6.52
4 2.66
5.31
11.81
9.60
.86
12.56
6.38
.04
4 1.18
2.31
18.01
11.70
11.80
12.35
4 9.26
=s
6.03
6.15
4.60
Washington
Seattle—
Oregon
- California
Los Angeles
San Francisco
Idaho
Utah
Salt Lake City. .
Nevada
Arizona
761
470
984
1,256
7,6S9
5,873
247
96
85
169
224
539
1,396
1,095
915
4,110
2,073
104
105
97
24
76
152
207
177
231
1,450
2,215
14
18
Total Pacific States... 17,854
Alaska (nonmember)
The Territory of Hawaii
(nonmember)_
Virgin Islands of the United
States (nonmember)
Total
(nonmember
banks)..
_.
10
5
62
1,510
2,103
2,417
2,601
15,288
11,905
373
224
249
219
472
570
1,749
1,030
1,228
317
8,993
255
220
454
142
170
20
122
369
319
30
41
37
4
4
176
888
"455
2^571
3,960
6,532
2 127
28 243
167
254
888
475
693
4,329
6,851
157
109
82
247
171
68
45
1.72
5.52
3.16
3.32
7.77
5.38
5.68
5.78
1.74
29.24
7.79
2.36
6.83
4.92
5.00
11.93
8.66
7.32
9.28
2.43
38.27
13.00
7.63
13.45
11.14
10.76
.95
11.93
14.70
30.01
24.54
22.36
13.23
5.55
10.86
7.15
7.13
.62
7.40
11.41
18.71
17.60
17.09
7.93
10,534
4,541
4,432
37,361
15,128
1,024
13, 232
14,256
8.48
5.53
9.70
6.32
85
70
11
16
182
4 39
2
38
40
16.03
9.11
4 16.46
4 9.35
63
381
31
8
483
531
268
268
8.00
5.36
46
148
451
Total central Reserve cities. 42,915
Total all other Reserve cities. 54,713
Total country banks, including nonmember banks
90,609
20,898
46,248
Total United States.__ 188, 237
42
24
665
5.61
8.47
10.62
15.85
10.62
4 4.00
4 3.64
13.46
8.91
12.87
8.65
6.15
6.96
6.44
8.84
4.46
5.92
4 1.29
4.89
3.93
2.70
25,029
37,644
31, 663
41,832
9.36
8.11
5.39
4.96
10.69
11.36
24,568
29,922
4.41
2.74
4 1.79
87, 241 103,417
6.77
4.11
5.54
5,103
9,531
73,023
118, 682
28,569
52,762
69,597
10,016
14,864
185,086
4 9,959
5,354
136, 743
22,313
29, 498
376,791
71,372
16,176
21 Includes stock dividend of $20,000.
22
Includes stock dividend of $28,000.
23
Includes stock dividend of $5,000.
242 Include? stock dividend of $317,000.
« Includes stock dividend of $149,000.
26
5.62
4 8.57
4 15.00
2
308
8.15
4 14.18
4.39
10.86
6.79
5.62
.50
7.08
8.86
11.47
13.43
14.12
4.88
15.85
6,634
4,188
306
5.60
13.45
10.28
7.65
.70
11.12
10.71
14.92
17.13
17.53
6.48
4 24.00
486
4,107
8,190
*7Deficit.
1 Includes stock dividend of $81,000.
" 9 Includes stock dividend of $24,000.
1 Includes stock dividend of $25,000.
20 Includes stock dividend of $19,000.
78
58
30
161
199
2,039
1,744
8
5
57
21
110
3.37
Includes stock dividend of $675,000.
27 Includes stock dividend of $11,000.
23 Includes stock dividend of $200,000.
Abstract of reports of earnings and dividends of national banks, by Federal Reserve districts, year ended June SO, 1985
CO
to
[In thousands of dollars]
Grand
District District District District District District District District District District District District Nonno. 11
no. 12 member total
no. 10
no. 4
no. 9
no. 1
no. 2
no. 3
no. 5
no. 6
no. 7
no. 8
(526
(292
banks (6 (5,431
(441
(678
(495
(319
(626
(594
(338
(274
(522
(320
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
Capital, par value:
Class A preferred
Class B preferred
Common
Total
Surplus
Total capital and surplus
Capital funds i
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
20,547
3,322
133,622
154,772
7,044
299,765
21,790
2,429
116,097
32,233
828
107,261
16,232
238
58,427
23,582
2,900
63,855
123,973
1,265
132,011
46,142
22,860
623
46,629
23,546
1,019
60,244
22,703
141
65,367
29,483
47
155,816
163 503,914
21,2C8
3,612 1,288,848
157,491
82,559
461,581
219,794
140,316
134,210
140,322
79,650
74,897
33,792
90,337
28,269
257,249
64,042
59,524
21,703
70,112
22,828
84,809
30,274
88,211
29,465
185,346
83,415
3,775 1,813,970
1,845 831,846
240,050 681,375
274,526
219,972 108,689
118,606
321,291
81,227
92,940
115,083
117,676
268,761
5,620 2,645,816
282, 220 772,351
324,259
258,745
131,836
136,251
373,079
97,343
106,895
137,150
135,935
324,288
6,066 3,086,418
33,753
27,131
17,610
18,273
34,682
12,094
12,117
18,771
19,953
58,641
1,014
346,995
16,671
202
11,168
37
42,891
381
717
2
323,491
1,409
154
19,438
29,880
63,076
12,030
1,352
22,008
35
73,706
143
32,710
65
30,921
84
14,656
71
12,281
83
40,538
136
11,622
23
13,602
147
581
2,523
449
779
763
1,922
3,533
1,074
2,668
1,502
1,276
2,214
985
1,879
2,054
4,290
4,166
6,313
3,353
11,366
348
1,147
1,012
3,176
203
1,631
1,029
3,978
20
882
1,153
2,077
208
856
1,262
2,954
956
7,178
4,024
7,412
24
354
779
1,756
93
956
953
2,605
8
908
2,330
3,629
24
425
1,522
3,271
1,281
3,949
3,191
7,736
61,712
164,646
72,660
65,756
37, 232
37,839
98,459
27,726
33,141
44,021
37,676
120,284
1,982
803,134
15,948
245
50
10,906
45,770
245
1,341
23,939
15,254
244
390
19,844
14,622
310
1,172
14,992
8,743
98
130
8,787
10,276
122
353
6,822
28,070
65
1,249
14,294
7,145
81
245
5,190
9,015
184
211
6,748
12,807
164
737
5,843
10,535
21
473
4,010
30,496
96
1,611
33,718
536
209,217
1,875
8,009
155,632
78
130
75
39
26
78
68
22
14
47
26
8,324
26,479
22,685
54,313
47
£39
612
Taxes
Other expenses
2,957
9,902
8,503
31,087
3,453
9,434
3,571
9,878
2,018
6,372
2,391
7,182
4,979
17,100
1,691
4,503
2,144
6,861
2,314
8,325
2,945
6,736
4,958
19,256
68
230
41,992
135,866
40,086
111,015
48,694
44,584
25,174
27,224
65,825
18,864
25,185
30,204
24,767
90,161
1,420
553,203
Net earnings
21,626
53, 631
23,966
21,172
12,058
10,615
32,634
8,862
7,956
13,817
12,909
30,123
562
249,931
Recoveries, profits on securities, etc.:
On loans
On bonds, stocks, and other securities _ .
Allother
1,652
10, 729
1,089
8,633
38,912
1,757
812
11,015
429
1,439
9,973
464
1,332
10,125
424
705
6,814
350
6,903
19,646
1,719
870
6,843
422
2,420
6,512
825
2,611
8,799
537
2,640
7,515
541
2,277
19,223
686
47
539
3
32,341
156,645
9,246
Total expenses
-
49,302
12,256
11,876
11,881
7,869
28, 268
8,135
9,757
11,947
10,696
22,186
102,933
36,222
33,048
23,939
18,484
60,902
16,997
17,713
25,764
23,605
52,309
1,151
448,163
14,867
11,070
43,457
34,322
15,451
13,453
15,094
11,756
8,917
9,005
7,874
4,767
35,388
18,438
4,842
5,927
6,810
6,675
9,268
5,979
8,440
4,423
17,681
10,477
148
451
188,237
136,743
=
1,501
2,397
5,587
7,328
1,179
2,165
1,310
1,694
1,030
1,063
926
1,625
2,100
3,354
604
1,065
507
939
1,697
1,623
1,307
1,868
4,523
4,353
42
24
22,313
29,498
o
29,835
90,694
32,248
29,854
20, 015
15,192
59,280
12,438
14,931
18,567
16,038
37,034
665
376,791
_._.._
5,261
12,239
3,974
3,194
3,924
3,292
1,622
4,559
2,782
7,197
7,567
15, 275
486
71,372
_
800
9,190
4,574
27,654
535
10,229
888
4 4,124
554
4,074
762
3,147
4,473
« 2,151
498
2,407
612
7 3,008
637
8 4,102
821
1,020
«3,672 i« 13,177
2
306
16,176
87,241
9,990
32, 228
10,764
5,012
4,628
3,909
6,624
2,905
3,620
4,739
4,493
14,197
308
103,417
6.88
9.23
8.81
3.84
6.97
4.93
1.63
5.22
4.99
6.81
5.62
8.46
8.47
6.77
4.25
5.32
7.62
2.21
4.42
3.42
1.10
3.55
4.33
4.53
3.87
5.51
5.61
4.11
3.35
2.83
2.21
2.69
3.36
2.88
3.57
3.72
2.61
2.59
3.59
3.45
1.23
3.08
,.
Losses and depreciation:
On loans
On bonds, stocks, and other securities. _
On banking house, furniture and fixtures
Other losses and depreciation __
Total..
Net addition to profits
Dividends:
On preferred stock
On common stock
589 . 198,232
13,470
35,096
Total
Total earnings, recoveries, etc..
3
_._
Total
Ratios:
Dividends on common stock to common
capital
—„
percentDividends on common stock to common
capital and surplus
percent..
Dividends on preferred stock to preferred capital
percent..
2
3
8
o
§
1
Represents aggregate book value of capital stock, surplus, undivided profits, reserves for contingencies, reserves for dividends payable in common stock, and retirement
fund for preferred stock.
2 Includes stock dividends of $44,000.
3 Includes stock dividends of $3,000.
* Includes stock dividends of $14,000.
a Includes stock dividends of $245,000.
• Includes stock dividends of $195,000.
? Includes stock dividends of $507,000.
«Includes stock dividends of $881,000.
9
Includes stock dividends of $79,000.
io Includes stock dividends of $275,000.
NOTE.—The capital, surplus, and capital funds used in this table are as of end of period.
CD
CO
Abstract of reports of earnings and dividends of national banks, by Federal Reserve districtst year ended June SO, 1985—Continued
[In thousands of dollars]
Grand
District District District District District District District District District District District District Nonno. 11
no. 12 member total
no. 10
no. 9
no. 8
no. 7
no. 6
no. 3
no. 4
no. 5
no. 2
no. 1
(495
(292
banks (6 (5,431
(678
(441
(320
(522
(274
(594
(526
(338
(626
(319
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
Ratios—Continued.
Dividends on preferred and common
stock to preferred and common
capital
percent..
Dividends on preferred and common
stock to capital funds
percent.Dividends on preferred and common
stock to preferred and common
capital and surplus
percent..
Net addition to profits to common capital
percentNet addition to profits to common capital and surplus
percentNet addition to profits to common and
preferred capital
percent..
Net addition to profits to common and
preferred capital and surplus-percent—
Net addition to profits to capital funds
percent-
6.34
6.98
7.67
3.57
6.18
4.34
2.57
4.88
5.16
5.59
5.09
7.67
8.16
5.70
3.54
4.17
3.32
1.94
3.51
2.87
1.78
2.98
3.39
3.46
3.31
4.38
5.08
3.35
4.16
4.73
3.92
2.28
4.26
3.30
2.06
3.58
3.89
4.12
3.82
5.28
5.48
3.91
3.94
4.08
3.42
2.98
6.72
5.16
1.23
9.88
5.97
11.95
11.58
9.80
13.46
5.54
2.43
2.36
1.59
1.71
4.26
3.57
.83
6.72
4.01
7.95
7.98
6.39
8.91
3.37
3.34
2.65
2.83
2.28
5.24
3.64
.63
7.66
3.97
8.49
8.58
8.24
12.87
3.93
2.19
1.80
1.45
1.45
3.61
2.78
.50
5.61
2.99
6.25
6.43
5.68
8.65
2.70
1.86
1.58
1.23
1.23
2.98
2.42
.43
4.68
2.60
5.25
5.57
4.71
8.01
2.31
REPORT OF THE COMPTROLLER OF THE CURRENCY
95
National-bank investments in U. S. Government securities and other bonds and
securities, etc., loans and discounts {including rediscounts), and losses charged
off on account of bonds and securities owned and loans and discounts, years ended
June SO, 1918 to 1935, inclusive
[In thousands of dollars]
Year
ended
June
30-
1918
1919
1920
1921
1922
1923..
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934_
1935
United
States
Government
securities
Other
bonds
and securities
Total
bonds
and securities
Loans and
discounts
(including
redisj
counts)
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
6,003,652
7,173,007
1,840,487
1,875,609
1,916,890
2,005,584
2,277,866
2,375,857
2,660,550
3,193,677
3,372, 985
3,797,040
4, 256, 281
3,852,675
4,134,230
4,418, 569
3,843,986
3,340,055
3,344,901
3,543,379
3,969,770
5,051,923
4,186,465
4,025,081
4,563,325
5,069,703
5,142,328
5, 730,444
5,842, 253
6, 393, 218
7,147,448
6, 656,535
6,888,171
7, 674, 837
7,196, 652
7,371, 631
9,348,553
10,716,386
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
7,694,749
7,365,226
Losses
charged
off on
bonds
and securities
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
241,789
136,743
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
379,294
188,237
Percentage of losses
charged off—•
On bonds On account
loans and
and
securities discounts
to total
to total
bonds and loans and
securities discounts
j
I
|
'
1.12
.55
1.48
1.89
.73
.43
.48
.44
.41
.43
.41
.65
.89
1.55
2.80
3.21
2.59
1.28
0.34
.32
.23
.63
1.20
1.02
.86
.75
.70
.62
.61
.59
.70
1.42
2.52
2.85
4.93
2.56
Number of national banks, capital, surplus, net addition to profits, dividends, and ratios, years ended June 80, 1914 to 1985, inclusive
[In thousands of dollars]
Number
of banks
Year ended June 30—
1914 .
1915
1916 . .
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932 .
1933
1934
1935
. .
..
.
_
..
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
5,422
5,431
Surplus
Preferred Common
stock
stock
53,793
412,070
525,122
Deficit.
L, 063,978
L, 068,577
L, 066,209
1,081,670
L, 098,264
1,115,507
I, 221,453
1,273, 237
1,307,199
t, 328,791
L, 334,011
L, 369,385
1,412,872
L, 474,173
L, 593,856
L, 627, 375
L, 743,974
L, 687,663
,568,983
L, 463,412
] , 326, 722
] ,288,848
Ratios
Dividends
Capital, par value
Net addition to
profits On pre- On common
ferred
stock
stock
714,117
149,270
726,620
127, 095
731,820
157,544
765,918
194, 321
816,801
212,332
869,457
240, 366
984,977
282,083
1,026, 270 216,106
1,049, 228 183,670
1,070,600
203,488
1,080,558
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
854. 057 i 303,546
831,846
71,372
2 22
3,430
16,176
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
299,124
72, 418
87,241
1
Dividends on
common
stock to
common
capital
Percent
11.37
10.63
10.76
11.61
11.82
12.15
12.10
12.42
12.69
13.48
12.27
12.05
12.30
12.26
12.88
13.68
13.59
12.52
10.78
6.77
5.46
6.77
Revised.
Net addition to profits
Dividends on
common
To comstock to
To com- To com- mon and
common To com- mon
mon
and
preferred
capcapital mon cap- ital and preferred capital
and surital
surplus capital and surplus
plus
Percent
6.80
6.33
6.38
6.79
6.78
6.83
6.70
6.88
7.04
7.47
6.78
6.63
6.65
6.62
6.81
7.17
7.11
6.64
5.98
4.12
3.32
4.11
Percent
14.03
11.89
14.78
17.96
19.33
21.55
23.09
16.97
14.05
15.31
14.67
16.35
17.63
17.12
16.95
18.55
14.12
3.11
18.91
i 14. 92
122.88
5.54
Percent
8.39
7.08
8.76
10.52
11.09
12.11
12.78
9.40
7.79
8.48
8.11
9.00
9.54
9.24
8.96
9.72
7.38
1.65
14.94
19.08
i 13. 92
3.37
i 14.39
U7.46
3.93
18.89
111.71
2.70
CD
REPORT OF THE COMPTROLLER OF THE CURRENCY
97
[ 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 active national
banks in reserve cities and States on December 31, 1934, classified
according to capital stock, with the amount of loans and discounts,
including rediscounts, investments, total assets, capital stock, surplus,
profits, and reserves for contingencies, circulation outstanding, and
total deposits.
National banks classified according to capital stock Dec. 81, 1984
[In thousands of dollars]
Loans
and disNum- counts,
ber of induding
banks
rediscounts i
Investments
Total
assets
Surplus,
profits, Circuand re- lation
outCapital serves
for con- standtingening
cies
138,245
30,468
19,999
Capital of less than $50,000... 1,076 112,800
370, 589
Capital of $50,000 but less
971,297 1,333,905 3,184,647 259,442 185,649
than $200,000
Capital of $200,000 but less
than $500,000
_
818 835,852 1,167,610 2,757,945 216,218 151,606
Capital of $500,000 but less
2,027,044 157,971 90,840
than $1,000,000
262 630,921
Capital of $1,000,000 but less
than $5,000,000
182 1, 404,176 2,125,728 5,191,438 309,140 235,635
Capital of $5,000,000 but less
than $25,000,000
33 1,,252,493 2,029,031 4,684,521 279,900 279,883
Capital of $25,000,000 but less
389,899 1, 202, 242 80,500
than $50,000,000
2 461,107
Capital of $50,000,000 or more.
5 1, 823,321 2,462,834 6,211,154 452, 770 218,969
5,467 7,491,967 10,455,932 25,629,580 1,786,409 1,243,579
Total United States...
1
18,993
Total
deposits
300,027
158,966 2,570,713
115,415 2,262,016
71,819 1,699,290
142,645 4,473,038
89,093 3,997,811
12,025 1,030,148
45,500 5,343,260
654,456 21,676,303
Includes overdrafts.
FEDERAL RESERVE BANKS
Assets and liabilities of the 12 Federal Reserve banks combined, as of the last weekly
statement date in October 1983-85
[In thousands of dollars]
Oct. 25, 1933 Oct. 31,1934
Oct. 30, 1935
ASSETS
Total reserves
Bills discounted
Bills bought in open market
U. S. Government securities
Other securities
Uncollected items
All other assets
Total
5,211,920
10,985
0,082
2,430,171
439,993
129,601
7,285,303
6,128
4,676
2,430,172
181
507,936
146,908
6,874,888
8,228,752
10,381,304
2,960,748
180,363
3,160,777
28,664
3,511,319
2,693,121
27,758
167,006
385,779
145, 527
278, 599
35,987
4,005,999
92, 293
163,510
438,939
146, 777
139, 228
52, 565
5,652,989
60,279
296,146
508,913
130,356
168,350
52,952
6,874,888
8,228, 752
10,381,304
114,593
6,523
2,400,156
1,559
385,196
138,061
LIABILITIES
Federal Reserve notes in circulation
Federal Reserve bank notes in circulation.
Deposits:
Member bank-reserve account
Government
,
Other
Deferred availability items
Capital paid in
Surplus
_
All other liabilities
Total
98
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 1933 to October 1935
[In millions of dollars]
Liabilities
Assets
Bills and securities
Date
Jan. 25
Feb. 21
Mar. 29
Apr. 26
May 31
June 28
July 26
Aug. 30
Sept. 27
Oct. 25
Nov. 29
Dec. 27
1933
United
Bills States
Bills bought
Governdisopen ment
counted in
market securities
265
327
559
385
302
191
161
153
133
115
119
111
Deposits
Federal
Federal Reserve
bankTotal Reserve
in note Memreserves notes
circulacirculabers' Total
Total 1
tion
tion, reserve
net
31
180
310
177
20
8
10
7
7
7
24
111
1,763
1,834
1,838
1,837
1,890
1,975
2,028
2,129
2,274
2,400
2,432
2,432
2,064
2,346
2,713
2,405
2,216
2,177
2,200
2,291
2,416
2,523
2,576
2,655
3,547
3,378
3,573
3,725
3,807
3,834
3,818
3,828
3,824
3,829
3,778
3,778
2,706
3,000
3,748
3,424
3,203
3,061
3,004
2,974
2,973
2,961
3,030
3,081
14
37
96
120
123
131
146
180
205
210
111
62
29
10
5
5
5
5
2,434
2,432
2,432
2,430
2,430
2,430
2,432
2,432
2,430
2,430
2,430
2,430
2,559
2,514
2,481
2,470
2,463
2,459
2,459
2,459
2,453
2,461
2,459
3,792
4,140
4,535
4,763
4,902
5,045
5,133
5,240
5,217
5,212
5,328
5,355
2,926
2,980
2,997
3,030
3,052
3,056
3,060
3,103
3,135
3,161
3,188
3,261
203
195
123
78
60
46
34
32
30
29
28
27
2.430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,430
2,460
2,461
2,464
2,468
2,470
2,470
2,470
2,474
2,475
2,474
5,647
5,816
5,835
5,998
6,110
6,389
6,515
6,730
6,795
7,285
3,068
3,139
3,131
3,146
3,172
3,198
3,262
3,352
3,430
3,511
1934
Jan. 31
Feb. 28
Mar. 28
Apr. 25
May 30
June 27
July 25
Aug.29_
Sept. 26
Oct. 31
Nov. 28
Dec. 26.
1935
Jan. 30
Feb. 27
Mar. 27.
Apr. 24.
May 29
June 26.
July 31
Aug. 28._
Sept. 25
Oct. 30.
2,513
2,271
1,987
2,136
2,167
2,286
2,306
2,427
2,596
Capital
and
surplus
2,573
2,675
2,587
2,399
2,203
2,345
2,394
2,510
2,574
2,097
2,808
2,888
2,796
2,829
430
429
428
429
429
425
425
425
424
424
424
423
2,652
3,093
3,439
3,744
3,763
3,837
4,020
4,127
3,970
4,006
4,108
3,961
3,035
3,265
3,657
3,929
4,048
4,196
4,288
4,361
4,310
4,262
4,354
4,317
284
284
284
285
285
4,542
4,588
4,285
4,719
4,827
5,029
5,100
5,346
5,236
5,653
4,792
4,898
4,919
5,064
5,163
5,415
5,478
5,609
5,610
6,009
285
285
286
288
292
305
306
307
312
312
313
314
299
»Includes (in addition to bills discounted and bought and United States securities) industrial advances,
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, 1935, disclose there were 21 banks comprising the New York
Clearing House Association with capital of $614,955,000.
Clearings amounted to $174,415,778,849, an increase in the year
of $11,690,446,236, and balances reported aggregating $22,911,551,231
showed an increase in the year of $1,604,888,196. The average
daily clearings amounted to $577,535,692, and the average daily
balances $75,866,064. The percentage of balances to clearings was
13.14.
REPORT OF THE COMPTROLLER OF THE CURRENCY
99
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, 1935, aggregated $239,150,047,000, an increase in the year of $19,428,891,000. The ratio of bank
clearings in the 12 Federal Reserve bank cities was 80.66 percent of
the total clearings of all banks in 262 reporting cities in the United
States, in comparison with a ratio of 81.78 percent reported for the
year previous.
Clearings of banks in 15 other principal cities, each of which had
clearings in excess of $1,000,000,000, amounted to $33,263,987,000
and showed an increase of $4,850,841,000 over clearings reported
for the same cities in the preceding year. The total clearings of the
262 cities reporting to the New York Clearing House Association
in the current year aggregated $296,508,468,000, as compared with
$268,679,169,000 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; exchanges, balances, and percentages of balances to
exchanges by the New York Clearing House, annually since 1914;
exchanges of the reporting clearing houses of the United States for
each year ended September 30, 1914, to 1935; comparative statement of the exchanges of clearing houses of the United States, by
cities, for years ended September 30, 1935 and 1934; and comparative statement of transactions of clearing-house associations in the
12 Federal Reserve bank cities and elsewhere in years ended September
30, 1935 and 1934.
ALL ACTIVE BANKS IN THE UNITED STATES AND POSSESSIONS
The statement following shows a summary of reports of condition
of all active banks in the United States and possessions, by classes,
on June 29, 1935:
Summary of reports of condition of all active banks in the United States and possessions, by classes, at the close of business June 29, 1935
[In thousands of dollars]
Banks other than national, by classes
Total all
banks
Number of banks
National
banks
All banks
other than
national
State
(commercial)
Loan and
trust
companies
Stock
savings
Mutual
savings
Private
16,053
5,431
10,622
8,469
1,007
341
571
243
568,553
8,108,038
216,112
1,081,056
352,441
7,026,982
209,707
639,367
54, 344
920,209
46,768
262, 341
39,155
5, 201,100
2,467
3,965
4,663, 329
133,030
2,251,274
82,185
2,412,055
50,845
516,890
10,650
1,781,826
39,574
21, 210
37
31,160
172
60,969
412
894,631
6,042,205
247,606
3,486,993
647,025
2,555,212
167,006
1, 306,639
449,637
1,110,434
5,051
40,082
135
70,755
25,196
27,302
20,409,786
7, 365, 226 13,044,560
2,850, 259
4, 356,024
375,489
5, 342, 477
120, 311
9,474
3,491
5,983
2,569
2,517
29
6,077,724
6,123,836
1,024,597
3, 294,379
157,539
1,379,429
267,892
187,902
257,260
650,121
59,015
227,241
700,953
14,834
115,567
237,443
43, 733
58,265
277,500
81
17,916
25,656
57
34,153
155,232
310
1,340
5,122
4,423
119,330
83,487
16,839
1,386, 230
13,118
8,662
103,486
56,887
14,479
2,166, 500
10,395
3,113
43,180
13,984
8,274
594,407
6,921
3,397
45,299
39, 723
5,151
523,984
3,361
168
1,333
72
735
101,288
93
1,901
12, 278
2,908
207
885,423
16
200
112
61,398
4
1,533,006
3,256,679
507,459
791,156
66,027
1,868,840
23,197
ASSETS
Loans and discounts (including rediscounts):
Heal estate loans, mortgages, deeds of trust, and other liens on real estate:
On farmland
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
_
_
12,201,560
Securities fully guaranteed by U. S. Government as to interest and principal:
246, 917
Reconstruction Finance Corporation
484,501
Federal Farm Mortgage Corporation
1,351,074
Home Owners' Loan Corporation
Obligations of—
Home Owners' Loan Corporation, guaranteed by United States as to interest
13,085
only.._
222,816
Federal land banks
140,374
Federal intermediate credit banks
31,318
Joint-stock land banks
3,552,730
States, counties, districts, political subdivisions and municipalities
^_
23,513
Territorial and insular possessions of the United States
Bonds, notes, and debentures (not including stock) of railroads, public utilities,
real estate, and other domestic corporations
4,789,685
867
83
o
o
O
o
*1
231,826
568, 579
800,405
Stock of Federal Reserve bank and other domestic corporations
204,057
359,177
155,120
Foreign government bonds and other foreign securities
24, 217,155 10,716,3S6 13,500,769
Total
729, 305
Banking house, furniture and fixtures _
_
651,463
1, 380,768
911,564
Real estate owned other than banking house
:
171,455
1,083,019
379,063
405,513
784,576
Cash in vault
_.
Amounts due from banks, including reserve with Federal Reserve banks or other
10,937,954
6,139, 345 4,798,609
reserve agents
317, 545
588,944
271,399
Exchanges for clearing house and other checks on local banks
34,110
86,074
51,964
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
284,823
895, 307
610,484
of acceptances)
_
60, 393,057 26,061,065 34,331,992
Total assets
77,511
50,167
347, 284
85,335
2,025
993
108,508
62,468
33, 251
5,094
2,697,457
5, 518, 567
373,926
4,511,420
399, 399
215,008
135,544
190,851
353,665
202, 510
130,816
16,664
27,311
8,704
135,611
536,915
46,544
8,357
9,284
2,148
1, 730,608
64,301
26,499
2, 393,054
250,677
6,284
111,453
1,147
661
474,856
837
576
88,638
583
90
136, 513
259,676
3,858
123, 283
87,154
919, 242 11,172, 520
716,831
8,049, 609 13,473,790
LIABILITIES
Demand deposits (except U. S. Government deposits and amounts "due to banks"
subject to immediate withdrawal):
Deposits subject to check (except those of other banks, the U. S. Government,
and States, counties, and municipalities)
Certificates of deposit (other than for money borrowed)..
Public funds of States, counties, school districts, or other subdivisions or municipalities.
„
Deposits of other banks and trust companies (payable within 30 days but not
subject to immediate withdrawal)
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
Other time deposits:
Deposits evidenced by savings passbooks
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 (subject to immediate withdrawal)
-
2,788,220
35,589
5,726,934
62,607
78,237
1,739
1,067,673
564,346
470,330
21,917
13,314
200,642
3,561
90,518
9,740
106,687
18,302, 298
186,020
9,388, 702
84, 765
8,913, 596
101,255
2,666,662
1,598,989
36,162
402,098
22,848
201,456
21, 593,240 11, 296, 760 10, 296, 480
3,482,234
6, 376, 298
1,731
318,474
1,320
151
10,929
1,660
103, 553
12
13
1,765
1,894
332,501
88,491
15,208
57,970
6,293
19,643
8,657
10,401
42
389
116
88
100
20,172,934
1,666,776
85, 689
493, 517
374,382
5, 685,539 14,487,395
677,721
989,055
40,969
44, 720
242, 753
250, 764
242,834
131,548
1,882,605
626, 725
17,821
73,690
64,641
2,008,896
300, 529
11,970
161,163
65,774
685,609
29,291
908
464
1,116
9,901,684
423
14,007
1,130
12
8,601
32,087
14
14,317
5
23,253,328
7,246,147
2,729,745
2, 576, 632
727,831
9,917,761
55,212
824,415
5,437,868
436,821
3,313, 653
2,878
3,422
137
1
80,456
334,817
125,213
246,326
110,005
16,007,181
387, 594
2,124, 215
77, 367
415,871
307,348
1,624,329
Summary of reports of condition of all active banks in the United States and possessions, by classes, at the close of business June
29,1985—Con.
[In thousands of dollars]
Total all
banks
National
banks
All banks
other than
national
Banks other than national, by classes
State
Loan and
(commertrust
cial)
companies
Stock
savings
Mutual
savings
Private
o
LIABILITIES—continued
Certified and cashiers' checks (including dividend checks), and letters of credit and
travelers' checks, sold for cash and outstanding
Deposits.not classified
Total deposits.
National-bank circulation
Bills payable
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—.:
,..
Dividends declared but not yet payable, and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures
_.
Other liabilities (including securities borrowed and acceptances of other banks, and
bills of exchange or drafts sold with endorsement)
Capital stock, capital notes and debentures:
Capital notes and debentures.Preferred stock
_
Common stock *
_
Surpl
Surplus
p
Undi
Undivided profits—net
_
Reserves for contingencies
_
_
__
Retirement fund for preferred stock and capital notes and debentures
Total liabilities.
457,645
19,727
224,865
232,680
19,727
71,271
2,718
116,940
17,002
1,065
43,357
51,586,123
22,518,246
29,067,877
6, 779, 206
11,018,549
838,749
511,527
222,095
59,293
2,047
10,399
222,095
3,989
654
4,194
55,304
1,393
6,205
17,206
926
6,063
26,375
425
142
80
6,708
42
221,129
65,823
85,599
42, 335
135,530
23,488
19,522
7,453
87, 556
7,604
664
7,604
28,452
163
26,364
21,004
5,360
841
803
81
3,365
270
364,050
76,531
287,519
92, 744
170, 223
973
12,024
11, 555
274,756
185,947
1,335,237
2, 261, 716
319,824
370,684
1,152
126,118
76,121
514,279
242,941
89, 737
76, 061
391
121,898
94, 388
722,972
973,003
25,620
165,840
643
1,120
15,438
28,923
19,300
6,716
7,093
105
977,178
139,016
82,919
13
49,294
986
38,771
13,473,790
919, 242
11,172, 520
716,831
274,756
711,069
2, 619,618
3, 093, 562
617, 791
514,635
4,303
60,393,057
525,122
1,284,381
831,846
297,967
143,951
3,151
26,061,065
34,331,992
8,049,609
i The common capital stock reported for banks other than national represents the par value of such stock. In the case of national banks, however, the common capital shown
represents the net book value. The par value of common capital stock of national banks on June 29,1935, aggregated $1,288,848,000.
The table following shows the approximate population of each State, number of active banks, assets and liabilities, a classification of loans and discounts, investments, capital and demand and time deposits, June 29, 1935:
o
o
o
I
3
o
and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1985 (includes national, State (commercial)
banks, loan and trust companies, savings and private banks)
Assets (in thousands of dollars)
Location
Population Num- "Loans and
(approxi- ber of discounts
mate)
banks (including
rediscounts)
Overdrafts
104
Maine
113,615
SOS, 000
112
104, 724
471,000
New Hampshire361,000
92
Vermont
4,352,000
399
1,849,130
Massachusetts
709,000
184,520
35
Rhode Island
610,057
1,665,000
Connecticut.
8,363,000
940 2,952,135
198
Total New England States
New York
13,155,000
917 7, 668,4;06 1,687
52
767,622
New Jersey
4,269,000
430
300
1,575,935
9,866,000
Pennsylvania—_
1,135
73,727
242,0C0
5
Delaware
._
49
201,745
1, 679,000
107
202
Maryland
_
82,540
25
22
500,000
District of Columbia
_.
Total Eastern States
_ 29,711,000 2,755 10,369,975 2,176
Virginia
41
231,729
2,451,000
329
116,514
1,797,000
182
West Virginia
31
108,118
3,328,000
217
North Carolina
17
44,892
140
35
South Carolina
_. 1,753,000
175,241
333
194
Georgia
_
__ 2,912,000
1,597,000
151
9
51,367
Florida.
_
2,723,000
219
109,086
48
Alabama
2,066,000
209
54,912
368
Mississippi
_
2,179,000
150
115,284
190
Louisiana
_
_
6,124,000
936
371,603
851
Texas
__
241
51,617
57
Arkansas
__ 1,881,0G0
2,665,000
449
181,180
124
Kentucky
_
_
161, 671
180
Tennessee
_
___ 2,688,000
34,164,000
3,885
1, 773, 214 2,145
Total Southern States.
141
Ohio.
714
749,896
6,875,000
50
208, 752
Indiana
3,318,000
552
725,985
Illinois
7,926,000
424
882
281,747
Michigan...
5,144,000
73
506
228,971
Wisconsin..
3,018,000
91
623
Minnesota2,610,000
144
685
1
Includes reserve with Federal Reserve banks or other Reserve agents
Investments
181,762
160,371
79,147
1,616,172
246, 734
466, 263
2, 750, 449
8,446,225
876,487
2,644,414
74,775
406,562
117,162
7, 565, 625
154,692
84,469
115,330
33,499
89,573
127,460
78,758
58,864
112,100
389,348
43,514
151,645
124,605
1, 563, 857
804, 262
278, 225
1,521,292
549, 710
365,544
388,812
Banking
house,
furniture
and
fixtures
3,945
4,285
3,512
69,556
14,815
31,570
127, 683
415,218
77,530
163, 601
4,190
17,011
15, 627
7216,931
17,574
10,049
8,987
2,220
14,742
8,718
7,937
4,300
10, 788
38, 366
3,332
10, 082
13,021
150,116
65,459
22. 481
53,338
27,442
21,531
18,189
Real
estate
owned
other
than
banking
house
Cash in
vault
4,953
2,655
2,258
101,135
7,342
15,809
134,152
120,696
30, 537
65, 951
2,047
9,628
9,595
238,454
10,428
6,994
7,872
3,928
6,611
6,921
5,489
4,196
5,959
20,821
2,608
8,102
7,696
77, 721 97,625
41,180
35,144
19,082
11,610
61,532
17,048
24,304
13,840
7,207 15,788
10,740
4,061
3,616
6,718
19,440
148,383
8,410
47,957
234, 524
361,024
76,259
123,158
3,357
8,368
6,032
578,198
8,973
8,322
4,141
1,960
7,671
2,632
7,412
2,953
3,859
13,551
2,597
7,284
6,366
Amounts
due from
banks l
39,465
19,995
15, 631
461,947
58,370
128,906
724, 314
2,986,152
282,960
820,390
31,626
167,617
72,159
4,360,904
123,219
61,519
91,037
35,704
98, 741
79,486
49, 617
38, 578
97,418
378,391
45,739
91,748
123,539
1,314, 736
430, 588
195,926
1,229,926
280,017
175, 790
258,493
Exchanges Outside
for clearing house checks
and
and other other
checks on
cash
local
items
banks
448
223
147
13,437
1,555
3,280
19, 090
340, 044
9,405
38,001
708
4,836
4,495
397,489
3,433
774
2,556
458
2,468
910
607
416
4,165
6,476
537
2,670
2,736
28, 206
13, 746
7,058
35,743
10, 509
3,663
6,091
Other
assets
1,579
240
458
285
1,362
149
30,043
3,916
2,450
81
623
5,381
5,294 41,273
2,272 464,921
26,620
1,979
5,333 72,033
520
56
4,415
588
670
1,436
10,898 569,945
6,134
611
1,591
129
3,080
672
441
796
977
4,246
727
1,933
574
2,964
114
2,254
882
2,637
2,423
32,726
592
1,183
645
9,966
1,732
3,168
10, 519 72,678
25,510
2,935
3,473
11,752
49,309
6,647
20,137
2,002
3,257
5,584
3,027
Total
349,647
299,720
211,746
4,293,811
524,284
1,309,904
6,989.112
20,806,645
2,149,451
5, 509,116
191,011
820,877
309,741
29,786,841
556,834
290,392
341,810
123,933
400,464
280,163
262,492
166,955
353,282
1,254,556
151,776
463,446
444,714
5,090,817
2,168,861
748,745
3,706,349
1,214,426
823,844
951,744
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1935 {includes national, State {commercial)
banks, loan and trust companies, savings and private banks)—Continued
Assets (in thousands of dollars)
Location
Population Num- Loans and
(approxi- ber of discounts
mate)
banks (including Overdrafts
rediscounts)
Iowa
Missouri
Total Middle Western States..
North Dakota ..
_ ..
South Dakota
Nebraska
Kansas .
Montana
Wyoming..
.
Colorado
New Mexico
.
.
2,488,000
3,687,000
35,066,000
690,000
707,000
1,399,000
1,910,000
a 537,606
233,000
1,060,000
440,000
2,490,000
Total Western States
Washington
.
Oregon.California
Idaho
Utah
Nevada
_.
Arizona
Total Pacific States
Alaska
The Territory of Hawaii
Puerto
Rico
Philippines.
Virgin Islands of the United States._
Total possessions
___
Total United States and possessions
9,466,606
1,617,000
998,000
6,257,000
449,000
523,000
95,000
462,000
2
Population Apr. 1,1930.
Investments
Real
Banking estate
house,
owned Cash in
furniture
other
vault
and
than
fixtures banking
house
12,561
15,462
Amounts
due from
banks *
216,852
548,798
4,673,495
11,064
20,563
240,067
29,214
31,083
121,899
129,626
49,758
16,492
111, 639
15,519
140,748
3,066
3,283
8,069
11,792
3,793
1,613
5,181
1,219
10, 783
645,978
187, 706
118,564
1,521,448
31,905
52, 707
12,518
22,019
48, 799
115,988
55,481
26
1,570
244
1,946.867
4,992
39,848
1,610
24,408
26
95,160
58,598
496,371
22,905
37,690
6,597
19, 776
737,097
291
2,608
813
1,216
10
109
1,905
1,417
3,863
1,260
5,524
4,461
14,414
179
1,840
70,884
4,938
7,294
9.474
24,217,155
1.380.768 1,083,019
669
705
5,336
168,669
334,383
2,955,006
1,196
24,905
29,664
86,859
117,271
27,235
19,141
57,910
10,756
105,978
479,719
26
37
78
115
28
26
47
11
116
484
138,297
56,289
1,460,052
17,794
40,714
4,128
15,649
99
114
1,099
27
77
12
10,401,000
203
206
431
731
118
59
159
41
406
2,354
204
105
275
61
59
10
15
729
1,732,923
1,435
61,500
425,900
1,668,900
13,096,400
i 22,012
13
15
14
11
1
15, 274, 712
54
4,170
42,044
30,895
69,610
95
146,814
142,446,318
16,053
20,409, 786
76
197
7
9,953
6,678
93,394
2,004
1,886
479
1,594
2,249
14,676
105,835
1,241
868
854
3,946
667
275
1,369
242
871
10, 333
2,462
1,309
62,583
244
1,247
44
1,225
69,114
Exchanges
for clearing house
and other
checks on
local
banks
Outside
checks
and
other
cash
items
1,278
1,330
Other
assets
Total
assets
2,240
12, 506
122, 016
582,547
1,355,855
11,552,371
577
577
1,003
1,874
589
189
963
252
2,101
81,539
95,514
338,847
415,771
129,184
59,501
302,504
44,768
399,122
1,866, 750
165,430
393,964
3,130,134
2,128
13,976
92,914
20,540
27,669
111,461
141,251
43, 775
19,959
115,784
15,230
130,500
626,169
225
343
1,538
2,054
391
112
1,990
118
1,714
31,059
180
151
2,576
1,032
175
97
946
59
1,065
8,485
3,331
2,029
33,848
177
778
2
490
40, 655
6,281
1,470
519
17,688
536
953
52
36
21, 254
2,817
15,693
3,481
22,147
462
15
763
843
484
116
32
506
115
25,838
44,600
2,105
769
28,330
13,828
112,684
55,985
150,126
789
333, 412
784, 576
10,937,954
588,944
86, 074
895,307
60,393,057
200,649
1,565
1,839
4,510
6,810
2,773
1,597
6,675
1,362
5,246
32,377
7,721
4,755
36,543
2,276
1,492
733
1,961
8,125
3,540
2,931
44,535
411
1,058
189
276
52,940
32
2,697
11,715
13,869
17
449, 739
251,786
3,767,561
78,279
138,602
24, 754
63,033
4,773,754
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1935 {includes national, State (commercial)
banks, loan and trust companies, savings and private banks)—Continued
Liabilities (in thousands of dollars)
I
O
•s'S
S
Location
O
ffl
Maine
New Hampshire
Vermont
M assachusetts
Rhode Island.
Connecticut
6,144
623
56,556 236,183
5,134
726
33,972 218,636
1,331
20,471 143,863
493
959, 160 2,,513,313 45,398 239,027
8,310
102,999 337,296 1, 260
22,587
226,909 882,685
Total New England
1,399,067 4,331,976 55,089
States..
282,533
729
426
432
9,760
601
3,452
15,400
531
2,118
2,090 406
2,901 2,122
5,959 2,221
885
3,306 1,733
6,084,065 17,259 7,013
299,235
258,894
166, 590
3, 766,658
450,466
1,142, 222
7, 534,612 6i, 989,840 409,1,18! 2,476,930 201,598
17,612,165 17,143 6,113
New York
585,851 1,178,832 17,279
29,791 7,295
New Jersey_._
47 1,819,095 12,075 9,788
\ 254, 598 65,484 446,176 18,565
4,495, 595 44,539 3,955
Pennsylvania
1, 710,772 2,
355
139
67,281 2,045
146,574
3,114
670
Delaware
73,779
129
229,944 392,843 20,948 56,842 2,463 11~413 -714,453 3,007
Maryland
75
286,563
962
22,313
District of Columbia.. 137,030 103,476
90£
Total
Eastern
10,271,988 10,986,870 515,846 3,035,166 233,115 11,460 25,054,445 78,396 20,199
States
Virginia.
West VirginiaNorth Carolina.
South Carolina.
Georgia
Florida
Alabama
1 Includes amounts
2
Includes preferred
8
1,600
105
157
93
92
341
265
8,197 4,428 5,038
303
1,006 3,039
7,242 307
69 22,465
21
8,22o
228 23, 302
6,653 149,014
313 19, 625
1,255 45,638
296
15,065 9,516
662
19, 704 9,435
3,658 2,907 9,351
205,354 117,570 20,945
43,054 4,367 1,196
74,740 24,337 9,022
65
16
81
174
30
102
106 1,600
9,203 15, 223 6,187
8.539 268, 270 361,575 168,132 41,472
468
127 2,500 184,088 8, 710 7,648 93,712 1,016,363 1,551,811
164,981
874 15,189 "
142
267 3,476
' """ 82,788
219
8,103 4,232 1,849 68,919 329, 295 437,241
153
26
293
551 12,822 22,969
62
332
364 39,959 36,951
31
160 542
156
140 21,735 13,090
55
723
173
717
173
3
108
80
c
647 2,642 192,618 17,971 10,885 178,875 1,585,155 2,144,850 192,560 306,339 1,254
1.190
461,650 8,164
48,612 2,476
177,674 227,993 4,895
174 113
185
237,066 4,655
9,922 1,305
113,995 110, 337 1,50"
134 47
32,476 11,931 241 294,645 itr~
156, 776 88,923 4,298
630 640
98
108,616
84
8,625
963
28
447
67,864 30, 717
717
243
326,732 3,015 (.284 475
52,145 1,407
156,444 108,094 8,642
667
243,637 2,551
28,044 1,918
63,487 7,852
68
4
142,336
480
208,554 4,897 837
14,699
27
20
816
107, 391 79,254 6,394
set aside for undeclared dividends and for accrued interest on capital notes and debentures.
stock where authorized, and capital notes and debentures. (See classification on pp. 111-113.)
60,660 245,432
17,262 22,578
87,100 27,962
4,813 2,089
17,808 7,033
4.917 1,245
|
587
56
90
29
283
100
795
3,127
226
1,158
461
1,277
733
1,057
49, 286
29,389
24,774
8,917
35,964
22, 222
30,344
19,366
11,741
10,278
2,783
15,147
7,194
9,934
7,199
4,584
4,701
1,758
5,184
2,377
3,294
5,299
2,187
2,891
412
5,852
610
1,941
o
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1985 {includes national, State {commercial)
banks, loan and trust companies, savings and private banks)—Continued
Liabilities (in thousands of dollars)
1
.3
2
Location
I
TS3
|5
Is
•8
3
H
a
O
0
Mississippi
Louisiana
Texas
Arkansas
Kentucky _ _
Tennessee
73,660
155,471
645,822
73,535
177,462
175,456
140,852
304,429
891 1,032,273
127,442
370, 704
378,807
910
60,138
90,453 6,352
195,051 28,557
316
41,808
142, 213
145,303
5,663
50,146
142,655
11,036
40,324
49,564
481
2,007
19,297
747
6,936
1,793
Votal S o u t h e r n
States
2,223,886 1,383,771 81,146
493,911
51,561 1,132 4,235,407 58,532 16,124
Ohio
Indiana
Illinois.
Michigan.
Wisconsin
Minnesota...
Iowa
Missouri..
_.
811,916
335,686
1,874,191
514,037
286.681
356,318
291,354
725,882
900,306
255,917
832,180
449,947
353,634
353,998
170,941
266,100
1,869,146
26,266 121,159
649,102
4,737 50,321
2,441
3,300,552
24, 294
31,364
1,038,151
11,312 55,001
7,854
3,751
58,430 5,396 5,874 713,766
846,594
2,456 118,851 14,971
519,324
2,003
52, 522 2,504
1,184,985
18.879 161, 786 12,338
Total Middle Western States
5,196,065 3,583,023 93,698 1,156,593
North Dakota
South Dakota
Nebraska
Kansas'.
Montana
Wyoming
33,565
48,623
172,117
239,624
64, 206
28,009
266
30,908
677
25,760
67,142 1,293
79,053 4,080
666
38,441
19,517,
2,265
4,461
57,495
33,247
7,733
3,349
1,455
2,016 321
17,887 1,308
1,099
296
4,383 4,890
6,011
791
732
67,577
80,444
516
300,515 2,378
358,679 4,844
112,210
262
51,281 1,004
54
63
459
8
9
3
129
5,773
5,925
56
378
233
791
598
324 1,756 1,121
60
57
301
210
163
362 205
392 17, 713 3,405 1,
589
1,195 28,762 8,438 4,239 2,006
7,378 112, 655 41,468 18,034 19, 681
105 14,334 4,033 3,214 1,113
9,492 40,094 19,409 5,809 2,306
1,186 38,840 9,306 7,243 1,785
58
251
240
23
72
15
2,390 6,801 3,780 27,787 453,294 162,502 69,605 46,672
999
17,704 7,517
8,751 4,216
26,304 38,411
11,178 8,884
8,482 5,342
8,627 4,121
5,751 3,346
17,383 4,870
248
113
164
63
62
19
93
2
202 5,701 18,102 2,586 87,175 843,686 239,410 104,180 76,707
764
1,028 5,287
379
.... 3,975 7,7
45
806
62 945
210 2,018
1
253
655
201
12,880 296
4,043
249
26
7,642
4,881 1,756
112
1,753
4,212
2,250
2,385 9,524
5,874 10,121,620 40,046 12,142
573
923
2,468
2,675
1,164
318
302
50
150
96
258
222
152
5
350
181
260
234
22
634
126
16
42
4,657
1,940
30,959
34,004
763
1,939
1,276
11, 637
51
123
124
618
26
195,123
58,319
226, 507
91,776
78,189
61,695
38,128
94,049
9,530
10,610
23,525
32,352
10,795
4,276
54,424
21,444
63,478
22,600
14,134
21,974
12,022
29,334
2,428
776
1,940 1,549
6,746
11,902 3,432
2,752 -A 741
1,726 ^,158
830
170
176
1,701
730
803
202
17
"56
11
2
55
Colorado
New Mexico
Oklahoma
Total Western
States
142,016
29,710
221,257
1,337
194
3,286
29,950
1,248
39,710
3,765
346
4,005
269,994
39,870
346,786
1,912
861
4,228
27
50
1,627,356 16,737
716
179
440,647 11,887
179,458
16,237
38,562
18,407
197,959
2,182
13,199
476
1,527
4,259
2,042
42,615
644
785
643
818
393,904
227,214
3,325,487
69,439
120,834
45
22,407
56,175
Total Pacific States. 1,429, 490 2,398,672 63,135
272,312
51,806
45 4,215,460 11,075 2,273
Alaska
The Territory of Hawaii
Puerto Rico
Philippines
Virgin Islands of the
United States
Total possessions. _ .
6,187
4,964
448
315
35,852
15,352
36,094
50,876
17, 291
54, 750
2,012
1,154
1,534
4,454
11,592
132
488
93,617
128,369
72
701
13
1,503 1,050
783
153
11,986
571
1
236
79
18
163
383
13
407
15,940
2,620
31, 646
2 1,691
504
1,784
141,294
3
174,169 170, 234 6,680
114,810
90,733 1,222
993,020 2,037,883 54,010
45,544
20,731
338
54,053
52,119
633
12,812
8,403
73
35,082
18,569
179
Washington
Oregon. _
__ _
California
Idaho
Utah
Nevada
Arizona
979,127
92,926
8,372
78,528
2,153
1,231
6,054 2,234
627
227
39
273
510
12
12
2
528
60
238
17,895
3,059 1,216
247,770
50
826
45, 544 24,127
245
56
38
272
9
123
30 10,986 5,055 2,364 30, 413 285,487 125,733 57,304 26,991
571
201
54
28
54
11
10
83
6,571
164
249
562
620
3,614
1,149
88
1,552
254
430 32,368 11,810 6,678 1,690
171
225
114
761
136
35
6,360 2,511
774 12,612
10,772 4,284 1,949 28, 667 219.285 101, 619 44,960 21,966
11
4
584 1,312
1,166
12
5,115
2,916 1,639
916
218 11,322
301
37
30
3
206
256
1,035
41
533
114
1,606
66
3,750
27
399
305
8
229
975
73
890
440
353
109
12
388
3 8,199
43 20,889
10,545
4,440
12,232
5,985
653
6,85£
713
281
533
3,160
1,240
5,374
2
1
150
15
3
58 29,477
28, 257
13,948
1,883
9,883
2
50
90,988
40,804
103,372
4,288
284
5,069
8,174
1,003
8,873
s
8
o
Total United States
and possessions... 21,593,240 23,253,328 824,415 5,437,868 457,545 19,727 51,586,123 222,095 59,293 2,047 10,399 221,129 65,823 26,364 364,050 3,605,443 3,093,562 617,791 514,635 4,303
8
O
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1985 {includes national. State {commercial)
banks, loan and trust companies, savings and private banks)—Continued
[In thousands of dollars]
Loans and discounts
Investments
Real-estate
loans, mortgages, deeds of
trust, and other
liens on real estate
Securities fully guaranteed by U. S.
Government as to
interest and principal
Obligations of—
Location
fc fl
1!
•ai
ill
S
Maine
_
New Hampshire
Vermont
M assachusetts
Rhode Island
Connecticut
1,800
651
- 26,199
49,416
68, 521
32, 252
1,852
1,951
L, 244,642
111,300
430,146
19, 610
16,969
8,470
211,737
31, 533
84,486
Total New England States.... _. 33,688 1,936, 277 372,805
New York.—
New Jersey
Pennsylvania..
Delaware
Maryland..
District of ColumbiaTotal E a s t e r n
States
3,153
47
176
2,352
1,156
318
39,197
8,305
11,357
40, 414
17,412
22,850
349,166
31,483
81,941
3,414
62,685
543,266 1,089,455
58,565
29,731
16,053
745,835
99,633
139,638
3,072
3,552
3,753
5,687
1,391
2,870
5,458
4.790
21,089
9,838
23, 776
2,503 20,325
71,311
873
8
1,217
405
17, 784 3, 580,934 2, 230, 24753,199 581,238 1, 205, 004 ,4,784,716139,967
25,103 350,879 125.370 4,839
5,485 255,946 298, 589
926
17,417 438,250 503,854 11, 271 35, 271 569,872 , 184,539 378
3, 569
24, 209
26, 053
36
4,910
14,950 17,406
10,841
82,417 43,955
160
2,878 61,494 205,147
100
127
23,979
26,331
4
1,670
30,429 65, 249
54,727 349,169
10,733
38,133 123,123
423
1,758
6,037 13,707
2,418 22,440
74,8414,500,668 2,955,810 69,509 631,452 2,137,695 6,555,646 141,371 112,471
138
34
174
159
381
80
722
35
480 2,965
729
21
6,182 12, 294
97
9
932
966 9,293 16,256
4,493 29,470
370 5.741
778 26,175
374
20
409
4,6
95
211
533
"""§
11,582
7,994
4,270
160,321
8,378
27,994
847 220,539
86
77
32
429
13
8
84,405
88,242
41,244
581,823
90,202
193,112
8,590 7,239
18,963 2,664
4,341 3,732
65,784 14,819
34,842 1,950
39,311 37,046
645 1,079,028 171,831 67,450
3,873 1, 284,235 925 1,387,876 246,188
2,016 144, 225 594
"' 280,551 55,151
4,036 265,094 2,485 798, 698 131, 253
8,750
218
10 38,511 4,956
418
23,452 350 131,490 11,529
14
13,697 3,505
2,297
93,940
10,147
67,645
2,149.
3,616
742
6,070 75,249 73,060 10,575 1,728,053 4,500 2,650,823 452,582 178,239
Virginia-.
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama.
Mississippi
Louisiana
Texas__
Arkansas...
Kentucky
Tennessee
14,773
4,S24
5,251
1,546
5,678
. . 1,795
4,199
11,432
. . 8,439
18,955
5,247
_. 18, 614
10, 357
39,250
28, 545
12, 368
2,858
18,431
7,900
9,388
10, 731
16,116
35, 622
5,326
41, 661
14,791
T o t a l Southern
111,110
States-
242,987
Ohio
Indiana
Illinois
Michigan...
Wisconsin—
MinnesotaIowa
Missouri...
Total Middle
Western States._
North DakotaSouth Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado.
New Mexico
Oklahoma
Total W e s t e r n
34, 240
23, 337
22, 203
19,483
21,710
15, 201
31,877
21,529
189,580
48,077
30,910
22, 619
4,918
27,261
12, 623
16,463
5,957
20, 938
57,802
5,502
35, 419
30, 417
651
149
691
476
1,221
1,208
207
1,164
1,574
525
1,064
1,352
3,725
1,740
3,541
802
609
3,225
2,105
238
3,347
3,566
1, 243
4,824
2,768
125,253
50,346
63,648
34,292
117,178
24,603
75,723
26,347
65,280
254,084
33,774
79,598
101,986
73,029
676 4,769
3,210
35,317
42, 582
14 6,787
10,953
520 1,655
53,249
18 1,746
61,939
762 5,213
30,994
204 3,977
11,374
16 2,345
55,539
334 2,414
211, 224 1,397 25, 392
15,353
219 1,948
65,175
53 11,187
40,490
31 3,369
17,132
10,094
8,159
2,626
4,801
22,978
7,149
5,151
8,057
39,972
6,615
16, 236
20, 508
474
142
124
33
98
960
30
14
3
188
127
129
87
5,744
2,745
4,392
788
717
763
653
690
5,922
2,467
3,433
3,185
80 760
93
125 1,689
26
107
34
2,324
51
1,240
89
492
278
3,507
2,520 1,3
245
1,580
1,158
83
318,906 16,366
31,733 1,052,112
707, 218 4,244 74,012 169, 478
2,409 34,187 13,378 5,189
294,139 182, 737 4,978
35, 935 1,489
54,359
48.922 243, 221 10,341
96,994 57, 708 1,071
49, 519 5,687
38,639
406
28, 389 42,124
825
14, 384
18,854
50,934 66,831 8,193
3,325 230,477
7,361 86,271
37,476 363,822
9,584 96,907
106,728
8,556 161,927
15, 202 87,527
15, 379 171,517
970 21,930 96,040
366,495
690 16,164 29,855
129,921
946,096 83,434 25, 249 39,059
289, 550
550 24, 236 86, 561
188,855
357 19,863 22,042
193, 379
188 16, 867 25, 330
91,239
253 21,823 16, 269
314.541 6,292 15, 419 45, 603
27,903 6,943 819
353 4,333
216 11,245
278 11, 290
970 1,356
129 1,662 7,542 222
366
78
427
603 5,4U 1,131
544
104 3,239
84 1,722
329 16, 386 6,559 576
631, 230 692,459 32,990 103, 571 1, 305,176 2, 520,07692, 734 161, 551 360,759
2,152
4,864
9,191
1,978
1,498
2,745
683
3,324
1,1
2,069
2,083
8,461
1,341
1,281
3,588
742
4,467
29,268
25,915
Washington.
Oregon.
California
Idaho
Utah
1,134
114
2,225
8,935
483
9,905
626
3,946
12
1,543
9
55
20, 779
4
665
14,826 6,394
63,958
8,003
2,593 78, 738 23, 660
2,871
192
1,525
335
1,564
16,823
21,530
61,661
80, 402
17,087
14,618
29, 218
8,327
75,403
360 1,985
11, 754
65 1,068
9,688
501 7,571
67,929
314 10,077
56,478
950 1,112
21,916
61 1,140
9,353
190 7,326
59,026
788
8,054
40,145 1,441 7,961
2,243
1,692
9,668
6,419
3,t92
829
11,117
1,474
13, 532
117
46
53
123
162
57
34
10
36
27,506
325,069
284, 343 3,882 39,028
50,666
638 18,124
1,574
8,833
175
18,152
5,831
149 5,957 71,346 95,544 1,291 8.976 8,723
36,862
48
2,079
255 1,910
70,872
33,899
2,507
429
6,745 10,073
108
562 56, 584 92,021
113, 731 679,486 201, 203 1,726 17, 742 446,164 810,044
3
50 4,005 4,715
12, 506 10, 534
1,239
1,373
1,385
71
1,220
72
3,619 9,573
7,723
2,718
133 1,380 17, 848 19,286
10,912
1 Including school, irrigation, drainage, and reclamation districts and instrumentalities of one or more States.
2
Includes bonds, notes, and debentures of public utilities, real estate, and other domestic corporations.
429
1,493
4,292
4,150
1,480
277
1,721
1,249
1,442
368
3,378
341
125
204
181
833
2,223
80
1,872
100
126
223
175
158
43
168
167
441
504
170
333
351,651 2,620
104,189
20, 557
213,631
57, 705
24,604
74,386
48,657
60,861
3,257
2,164
1,588
315
128
89
404
1,183
604,590 9,128
50
475
82
678
176
169
109
131
297
5,493 2,167
815
50
20,781
10,431
47,008
13,142
11,343
20, 573
22, 631
34, 644
31,083
73,096
10,953
15, 573
40,393
34
2,042
134
2
21,738
14,703
3,084
2,196
9,657
8,744
9,059
2,804
4,218
16,135
3,930
32,973
8,416
137,657 51,325 10,489
138, 658
53,476
156,812
72,600
97,515
60, 271
29,213
50,950
5,228
4,172
9,679
2,519
8,292
1,549
11,467
491
5,045
176,793 1,454
48,442
27,967
365, 597
8,407
8,401
194
3
1,907
54
179
21, 674
6,015
20,833
3,194
4,646
3,225
2,130
23,396
14,816
3,236
20,696
5,444
5,064
7,385
1,715
6,703
659,495 85,113 65,059
58
180
280
232
61
51
169
110
313
5,779
11, 218
18,820
44, 364
9,171
2,578
15,889
2,968
66,006
1,529
1,133
117
217
1,646
482
1,053
821
323
5,411
282
10, 731 1,233
852
455
3,117 1,447
6,300
572
7,854
6,378
1,074
1,078
3,897
1,662
2,150
377
280
670
1,209
581
180
I.1
122
2,357
630
525
1,521
840
2,085
248
1,656
22
582
8,109
25,407 2,413 3,794
11,518
688 2,772
144, 219 22,182 17,711
2,782
636
238
6,613 4,670
167
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1935 {includes national, State {commercial)
banks, loan and trust companies, savings and private banks) —Continued
^**
[In thousands of dollars]
Investments
Loans and discounts
Real-estate
loans, mortgages, deeds of
trust, and other
liens on real estate
Location
I
Securities fully guaranteed by U. S.
Government as to
interest and principal
II
86
I*
J2
II
Obligations of—
13 •£
s£2
.. a
fc a
§•3
"3 *
| | O |
I?
§
Nevada.
Arizona.
326
942
1,084
3,748
Total Pacific
States
— 127,440 740,057
Alaska
1,170
The Territory of Ha17, 312
waii
76
2,641
Puerto Rico
2,147
Philippines
9,781
403
Virgin Islands of the
United States
461
1,992
240,977
759
2,508
20
16,500
154
1,740
137
103
29,713
2,257
8,208
7,014
6,615
592,228 1,019,909
50
2,930
2,104
597
56
7,422
25,794
50,418
17, 263
520
5,000
95
26
25
189
266
991
974
3,723
2,183 75, 794 121,808
408
6,911
3,104
6,397
184
6,148 2,339
1,320
458, 757 2,457
446
137
177
106
2,379
6,396 1,258
971
50
5,455
813
2,540
46
297
39
193,892 30,534 25,727
1,8
10,417
22
8,010
130
175
1,136
29
1,713
18
2,198
240
202
20,348 2,181 4,104
Total possessions._ 2,626 30,904 18,414
7,971
24,913
1,320
314 2,379
12, 347 2,709
To.al U n i t e d
States and possessions
568,553 8,108,038 4,663,329 133,030 894,631 6,042,205 12,201,560 246,917 484, 5011,351,074 13,085 222,816 140,374 31,318 3,552,730 23,513 4,789,685 800,405 359,177
Capital stock, capital notes
and debentures
c
Location
tr
Maine
Np.w Hampshire
Vermont
M assachusetts
Rhode Island
Connecticut
Certificates
of deposit
12,379
6,313
7,417
127,265
18,725
36,860
47,740
29,872
18,787
861,630
87,854
203,988
157
470
100
3,841
1,495
836
7,447
3,532
1,346
81,182
8,359
19,959
50,921
208,959
1,249,871
6,899
133, 614 138,756
600 74,433
10 48,546
195
325
3,635
6,770
1,650
1,850
743,993
89,948
280, 739
12,302
29,554
18, 235
6, 736,659
450,819
1,504,981
60,430
179,408
130,432
143,169 267,215 1,174, 771
Common
stock
7 025
8 721
1,913
8 860
21,749
900
8,778
8,390
1 365
_
._
__-
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
3,682
__
707
2,963
.
.
V
Public
funds of
States,
counties, Deposschool
districts, its of
other
or other
subdivi- banks
sions or
municipalities
Deposits
subject
to check
Preferred
stock
notes
and
debentures
595
2,134
-.7,265
11,504
3,531
7,794
1,560
1,572
1,749
13,029
"8,368
8,830
22,388
4,715
37, 782
22,176
16,980
6,650
31,429
20,473
17,315
8,750
17,798
83,002
9,619
Time deposits
Demand deposits
Other
demand
deposits
Other time deposits
Public
funds of
States,
counties, DeposChristschool
mas
its of
districts, other Evidenced Certifi- savings Open
by savor other banks
cates of
acand
ings pass- deposit
subdivisimi- counts
books
sions or
lar acmunicicounts
palities
Postal
savings
deposits
715
2,446
529
4,314
477
2,024
691
120
1,086
212
98
238
11,816
5,171
1,040
701
80
890
1,249
1,513
11,515
56
49
57
961
12
380
231,818
213,508
141,422
2,434,049
324,845
835,730
1,589
1,383
495
32,445
7,847
20,156
1,288
1,070
422
10,638
2,602
3,645
16
100
48
29,657
121,825
1,897
18,575
15,948
1,515
4,181,372
63,915
19, 665
39,056
10, 505
68, 563
3,163
6,766
14
1,022
580
624,370
124, 594
145,861
9,768
19,506
31
3,867 101,153
6,995
280
9,186 43,978
3,567
8,129 21, 879
5,987
17,332
9,401
17,849
131
4,292
15
10, 250
2,154
38,192
15
6,394
124
6,518, 208
1,099,316
1,812,880
63, 298
363. 615
92,772
293, 565
13,062
137, 691
838
5,488
2,438
4,404 102,194
8,098
10,996
7,111 181, 793
424
1,470
2,553
6,223
2,657
4,528
43,887
35,805
59,082
1,105
4,278
942
9,062, 729
80,108
924,130
21,462 183, 559
57,129
9,950,089
453,082
28,145 304,306
145,099
157, 714
98, 728
118,441
47, 573
136,959
109,527
86,494
51,854
122, 278
538,249
54,984
1,031
724
759
72
1,204
105
1,361
27
629
5,728
282
18,502
12,478
34,410
20,043
17,848
30, 576
18,562
21,516
27, 570
94, 702
17,786
1,499
302
2,404
98
331
2,492
758
25
100
1,149
290
177, 544
84,639
52,909
22,920
83,019
54,556
65,564
33, 507
63,363
144,889
25, 517
29,329
18, 363
20, 778
3,447
17,118
716
7,229
19, 526
16,142
29,179
11,619
5,633
1,594
760
897
889
839
364
501
668
3,943
415
5,552
3,673
8,298
1,451
4,933
3,727
2,675
6,138
8,021
9,471
3,645
90
218
2,798
50
115
500
810
337
1,847
368
176
383
2,013
974
263
4,494
6,333
483
49,020
6,210
136
3,486
1,674
1,004
961
1,819
3
1,741
5,662
233
2,226
1,630
288
230
800
196
845
438
418
758
89
9,235
Assets and liabilities of all active banks in the United States, Alaska, and insular possessions, June 1985 {includes national. State (commercial)
banks, loan and trust companies, savings and private banks)—Continued
[In thousands of dollars]
Capital stock, capital notes
and debentures
Capital
notes
and
debentures
Location
Total Southern States.
- -
-
- _ _
- -
-
_-
Total Western States
3,552
8,934
16,910
70,032
87,608
63,498
111,940
37,557
78,933
88,539
73, 222
78,897
11,426
1,134
4,533
1,472
1,728
992
240
523
8,561
1,577
74,538
3,831
2,974
516
2,674
14,958
11,234
7,148
3,389
7,060
6,921
1,902
5,189
2,718,863
620,194
22,048
94,671
57,801
16
28
1,325
52
403
5,538
10
4,684
13, 258
11,049
30,776
28,442
25,*121
13,426
77,594
5,740
39,503
15,539
13,076
33,992
45,795
12,112
4,985
7,147
2,264
20,341
61
58
857
342
59
104
592
22
.110
16
28
232
406
128
25
85
11
7,743
472
1,321
825
2,380
821
561
1,374
224
1,989
12,056
244,909
155, 251
2,205
8,674
9,967
84,189
85,156
53,625
38,658
1,816,758
14,870
365,793
4,678
21,787
27,128
17,266
977,772
619,854
243,950
1,539,772
409,645
218,066
267,677
214,869
635,966
10,641
3,163
12,053
3,705
4,366
4,702
5,128
3,199
130,954
81,838
284,014
75,170
63,659
78,626
67,822
85,864
29
96
23
2,279
50,438
6,639
38,329
23,238
590
4,242
3,535
519
5,902
294
6,078
2,068
24,162
2,450
14
1,248
2,714
6,874
307
3,081
3,502
4,908
8
5,836
769,137
171,306
627,636
398,549
235,275
249,672
95, 555
171,733
867,947
3,832 127,530
42, 216
27,230
1,562
212
432
363
148
13
596
101
4,158
7,585
118,096
37,347
135,771
51,638
46,811
44,721
27,500
88,344
507
265,729
236
7,582
337,371
- -
2,390
10,058
1,028
3,171
98,577
1,594
1,451
200
207
2,575
1,541
24,080
8,812
84, 240
40,138
15,169
13,531
10,628
5,705
4,149,799
2,282
2,778
7,462
5,248
2,694
1,600
4,865
615
9,656
5,654
6,381
16,063
27,104
7,594
2,676
11,075
2,005
21,990
27,945
38,742
137,626
167,192
45,675
19,239
119,072
17,578
173, 530
37, 200
100,542
746,599
46,957
1,071
334
4,812
528
9,304
557
30,118
4,090
57,189
7,402
17,031
1,331
7,987
654
17,114
3,096
341 * 11,772
43,302
2,354
42
865
5
1,014
280
20
283
7,602
169
87
2,869
14
1,057
198,629
2,165
12,381
19,353
239
Postal
savings
deposits
545
471
97
17,346
550, 228
Other time deposits
Public
funds of
States,
counties,
DeposChristschool
mas
districts, its of Evidenced
Certifi- savings Open
other
or other
by savcates
of
acbanks
and
subdiviings pass- deposit
simi- counts
sions or
books
lar
acmunicicounts
palities
18,766
33,034
52,947
12,160
6,496
- - -
Public
funds of
States,
Certif- counties,
Depos- Other
school
deicates districts, its of
mand
of de- or other
other deposposit
subdivi- banks
its
sions or
municipalities
2,430
518
153,691
140,266
Total Middle Western States . 91,155 202, 303
North Dakota
South Dakota
Nebraska
Kansas
Montana _
Wyoming
Colorado
New Mexico
Oklahoma
Deposits
subject
to check
36,121
29,276
16,209
3,343
__
Common
stock
3,973
9,564
Kentucky
Tennessee
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota.
Iowa
Missouri
Preferred
stock
Time deposits
Demand deposits
fcO
Washington
Oregon
CaliforniaIdaho
Utah
Nevada
Arizona
Total Pacific States
Alaska
The Territory of Hawaii
Puerto Rico
Philippines
Virgin Islands of the United StatesTotal possessions
3,009
396
5,000
1,839
10,244
501
371
175,752
47
205
68
161
321
28
8,906
50
657
30,393
177,105
955
4,494
3,521
7,936
29
6,379
1,085
380
21
892
3,563
11,339
16,906
7,873
15,815
26,646
11,440
168,617
3,465
7,741
830
2,385
132,250
83,710
892,975
28,166
37,094
8,572
26,936
1,332
1,210
11,603
894
723
11
61
37,675
27,822
63,168
16,196
14,272
4,216
8,083
60
175
1,493
54,119
221,124
1, 209,703
15,834
171,432
2,128
38
571
4,911
23,747
10,690
27,359
132
292
1,232
56
419
125
852
9,974
3,540
12, 232
25
734
26,623
66,839
1,999
900
900
2,852
1,893
23, 781
288
1,564
13
2
2,713
776
45,668
1,650
1,742
205
1,365
Total United States and pos274,756 711,069 2, 619, 618 18,302,298 186,020 2,666,662
sessions
400
36,162 402,098
10,727
7,644
54,304
5,038
3,084
324
658
24
1
3,804
2
40
3
236
798
28,099
62
92
5
156,344
80,899
1,692,813
14,982
47, 541
7,079
17,518
2,081
992
74, 205
550
500
929
227
9,967
2,017,176
81,779
3,874
29, 287
79,484
486
12,033
545
13,762
818
613
50
4,034
35,948
12,634
29,649
488
423
572
499
50
82,753
26,826
818
613
1,494
334,817 125, 213 20,172,934 1,666,776
85,689 493,517
374,382
d
O
3
W
H
O
O
S
i
a
o
114
REPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of all active banks June 30, 1931 to 1935,
are shown in the following statement:
Assets and liabilities of all active banks on or about June 30y 1931-35
[In thousands of dollars]
1931 (22,071 1932 (19,163 1933 (14,624 1934 (15,894 1935(16,053
banks)
banks)
banks i)
banks i
banks)
ASSETS
Loans and discounts (including rediscounts) 35,164,850 28,074,640 22,377,371
15, 213
Overdrafts
45,650
10,447
Investments
_
20, 060,153 18, 223, 241 17,930,663
Banking house, furniture and fixtures
1,808,254
1,681,989
1,382,831
Real estate owned other than banking house.
446, 488
526, 750
637,646
884, 327
Cash in vault
791,627
672,556
Due from banks, including reserve with
Federal Reserve banks or other reserve
agents.
7, 535,909
5, 595,033
5,992,056
Exchanges for clearing-house and other cash
1,946, 709
981,057
items
1,100,173
2,316,809
1,355, 581 1,198,165
Other assets
70, 209,149 57, 245,131 51,301,908
Total
21,417,924 20,409,786
13, 229
9,474
21, 289,494 24,217,155
1, 284, 375 1,380,768
845,136
1,083,019
713,968
784,576
8,876,946
10,937,954
624,835
1,094,018
56,159,925
675,018
895,307
60,393,057
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 classified2
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
Dividends declared but not yet payable
and amounts set aside for undeclared
dividends and for accrued interest on
capital notes and debentures
Other liabilities..
Capital notes and debentures
Capital stock
Surplus
Undivided profits—net
Reserves for contingencies
_
Retirement fund for preferred stock, capital
notes and debentures
Total.
21, 326,210
29,159,361
448,189
4,828,741
16,405, 579 15,258,765
24, 774, 389 21,417,811
424, 325
860, 399
3, 212,110
3,316, 210
17,585,475 21,593,240
22,552,330 23, 253,328
1, 736, 683
824,415
4,371,660
5,437,868
1,083, 003
19, 240
565,866
8,000
653, 269
27, 016
353,112
25, 781
457, 545
19, 727
56,864,744
639,304
457, 620
312,335
938,407
45,890,269
652,168
1, 248, 780
48, 613
528,310
41,538,470
730, 435
503,883
26, 799
441,813
46,625,041
698, 293
188, 050
14,928
296, 699
51,586,123
222, 095
61, 340
10,399
221,129
97,839
77, 271
76, 300
73,906
65, 823
1, 067,821
761, 219
603,920
3,669,998
4, 792,851
1, 010,128
3 358,102
3,317,864
4, 058, 070
716, 598
3 445,969
2,899, 541
3,371,321
646,246
3 468,180
410, 258
322,461
3, 236,325
3,174,691
643,442
3 475,181
26,364
364,050
274,756
3,330,687
3,093,562
617,791
514,635
650
4,303
70, 209,149
57, 245,131
51, 301,908
56,159,925
60, 393,057
'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 active banks in continental United
States as compared with similar data for member banks of the Federal Reserve
System, on or about June 29', 1935
Member banks
Items
Percent
All active
Mutual
Private
to all rebanks:
banks:
Percent porting banks: 571 243
15,999
6,410 banks to
banks
all
rebanks,
exbanks (000 (000 omit- porting cept mu- banks (000 (000 omitomitted)»
ted)
ted) 2
banks * tual sav- omitted) 2
ings andl
private
Loans 3
_
$20,270,606
Investments
_._ 24,146,271
758, 738
Cash
_
3,577,186
Capital*
4, 204, 575
Surplus and undivided profits 5
51, 338,353
Total deposits
60, 059,645
Aggregate assets...
$11,927,966
16,856, 652
537, 010
2,683,319
2, 430, 307
34,938,127
40, 724,644
1
Exclusive of banks in Alaska and insular possessions.
8
Included in all reporting banks in column 1.
3
Including overdrafts.
58.84
69.81
70.78
75.01
57.80
68.05
67.81
80.56
87.63
75.63
77.05
83.33
85.41
84.54
$5,342,478
4, 511,420
46,544
25,620
1,199,126
9,919, 846
11,172, 520
$121,178
2,148
69,063
89, 051
511, 527
716,831
* Including capital notes and debentures.
* Including reserves.
EEPORT OF THE COMPTROLLER OF THE CURRENCY
115
Per capita demand and time and savings deposits in all active banks
Statement showing the population, amount of demand and time deposits, amount of savings deposits, and per capita sayings deposits reported by all active banks in each State, the District of Columbia,
Alaska, and insular possessions, follows:
Per capita demand and time and savings deposits in all active banks June 29, 19S5
Location
Population
(approximate)
capDemand and Per
Per
de- Savings de- capita
time depos- ita
mand
(0002 savings
its (000 1 and time posits
omitted)
omitted)
deposits
deposits
$362.41
$289.95
805,000
$291,739
$233,407
Maine
536. 32
456.24
252,608
214,891
New Hampshire.
471,000
455. 22
393.12
164, 334
141,917
Vermont
___
361,000
797. 90
566. 75
3,472,473
2,466,494
4,352,000
Massachusetts621.01
469. 24
440,295
332,692
709, 000
Rhode Island
_
666. 42
514. 05
1,109, 594
855,886
1,665,000
Connecticut
_
8, 363, 000
507. 63
5,731,043
685. 29
4, 245, 287
Total New England States
517. 81
14,524,452 1,104.10
New York
13,155,000
6,811,773
260. 57
1,764,683
413. 37
1,112,378
New Jersey
4,269,000
197. 71
1,950, 571
Pennsylvania
9,866,000
3,965,370
401.92
265. 02
242,000
Delaware
_
_
141,060
582.89
64,136
219. 84
1, 679,000
622,787
370.93
369,103
Maryland
__190.42
500,000
240,506
481. 01
District of Columbia.
95, 210
350. 15
29,711,000
21, 258,858
715. 52
10,403,171
Total Eastern States
•_
405,667
Virginia
2,451,000
165. 51
84.40
206,873
224,332
West Virginia
_
1,797,000
124. 84
57.32
103,002
245,699
North Carolina
_.
3, 328,000
73.83
22.14
73, 687
98,581
1, 753,000
56.24
15.04
South Carolina
26, 367
264, 538
2,912,000
90.84
34.39
Georgia
_.
100,137
205,823
1, 597,000
128. 88
34.61
Florida....
55,272
186,645
2,723, 000
68.54
26.73
Alabama
72,793
133,798
2,066,000
64.76
25.67
Mississippi
53, 033
245,924
2,179,000
112. 86
36.49
Louisiana
79, 505
840,873
6,124,000
137. 31
28.42
174,068
Texas...
„
115,343
1,881,000
61.32
19.74
37,136
Arkansas
31$, 675
2,665,000
119.95
51.71
137,814
Kentucky
__
320, 759
2,688,000
119. 33
46.06
123, 814
Tennessee
_..
36.40
34,164, 000
3, 607, 657
105. 60
1, 243, 501
Total Southern States
124. 62
Ohio
.
_
1,712, 222
249. 05
6,875,000
856,745
70.77
Indiana
591, 603
178. 30
3, 318,000
234,804
93.31
341. 45
7,926,000
739,576
Illinois
2,706, 371
84.78
187. 40
5,144,000
436,106
963,984
Michigan
104.11
212.17
3, 018,000
314, 208
640, 315
Wisconsin
129. 58
272.15
338,211
710,316
Minnesota...
._
2, 610,000
67.84
185. 81
168,777
462, 295
Iowa
_.
2,488,000
67.98
269. 05
250, 630
991,982
Missouri
3, 687,000
95.22
35,066, 000
8,779,088
250. 36
3,339, 057
Total Middle Western States
North Dakota
_
41.73
93.44
64, 473
690,000
28,797
34.12
105. 21
74,383
South Dakota
707,000
24,125
46.30
171. 02
239, 259
Nebraska
1,399, 000
64,768
38.87
166. 85
318, 677
Kansas
1,910,000
74,237
69.26
190,93
102, 647
Montana
3 537, 606
37, 233
79.02
203. 97
Wyoming
18,411
233, 000
47, 526
79.94
221. 64
84,741
Colorado
_
_
1,060, 000
234,942
18.19
8,004
86.55
38, 082
New Mexico
440, 000
24.03
59,844
120.40
299,785
2,490,000
Oklahoma
42.27
9,466, 606
1, 419, 774 149. 98
400,160
Total Western States
_.
103.32
344,403
212.99
1, 617,000
Washington
167, 071
88.72
205, 543
205.95
998,000
Oregon
_
_
88, 543
3, 030,903
484. 40
279. 23
6, 257, 000
1,747,117
California- .
66, 275
147. 61
44.59
449,000
20,020
Idaho
..
106,172
203.01
96.80
523,000
50,625
Utah
21,215
223. 32
77.93
7,403
Nevada
95,000
53, 651
116.13
39.34
18,176
Arizona
462, 000
201. 80
3, 828,162
368. 06
2,098,955
Total Pacific States
_. 10,401,000
Alaska
73.50
11,151
181. 32
4,520
61, 500
112. 66
86,728
203. 63
47,981
The Territory of Hawaii
425,900
32, 643
13,179
19. 56
7.90
1,668,900
Puerto Rico
90,844
43, 411
6.94
3.31
13, 096,400
Philippines
620
3 22, 012
22.17
28.17
Virgin Islands of the United States
15, 274, 712
7. 17
221,986
14.53
109, 579
Total possessions
153. 32
142, 446, 318
44, 846, 568
314. 83
21, 839, 710
Total United States
12 Includes postal savings, Christmas savings, and other savings reported in column 4.
Represents deposits evidenced by savings pass books and time certificates of deposit. (Does not include postal savings or Christmas savings accounts, etc.)
» Population Apr. 1, 1930.
Savings deposits and depositors in all active banks in the United States and possessions, according to classes of banks, on or about June 29,
1935
[Deposits in thousands of dollars]
Total all active banks
National banks
Deposits
evidenced
by savings
passbooks
Time certificates of
deposit
__
231,818
213,508
141,422
2, 434, 049
324,845
835, 730
1,589
1,383
495
32,445
7,847
20,156
233,407
214,891
141,917
2,466,494
332, 692
855,886
Total New England States.
4,181, 372
63, 915
6, 518, 208
1,099,316
1,812, 880
363, 615
92, 772
293, 565
13,062
137, 691
838
5,488
2,438
234, 524
43, 481
9,950,089
453,082
10,403,171
16,813,429
1,899, 938
177, 544
84, 639
52, 909
22,920
83, 019
54, 556
65, 564
33, 507
63, 363
144,889
25, 517
84,189
85,156
29, 329
18, 363
20, 778
3,447
17,118
716
7,229
19, 526
16,142
29,179
11, 619
53, 625
38,658
206,873
103, 002
73, 687
26,367
100,137
55, 272
72, 793
53, 033
79, 505
174,088
37,136
137,814
123,814
438, 910
293; 168
177, 351
64, 593
339,002
174,068
230,005
79,364
289, 782
344, 867
67, 085
258, 395
301, 297
111, 142
44, 550
15,804
11,154
58,448
40,811
47,052
16,148
48, 342
132, 810
16, 517
49, 644
64,939
977,772
285, 729
1,243, 501
3,057,887
657, 361
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
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
Deposits Time cer- Total
Total
evidenced tificates
savings Depositors^ by
of savings
savings
deposits*
passbooks deposit deposits
All banks other than national
Depositors *
Deposits
Total
evidenced Time cerof savings
by savings tificates
deposit
deposits
passbooks
652
58
287
12, 546
2,861
10,629
379,187
167,197
310,500
195, 768
212,189
112,037
2, 220,132 3,143,419
379,317
314,856
770,549 1,183,993
3,753, 506
27,033
3,870, 539 5,608, 605
5,879, 384
751, 962
1,033,857
54,850
2S0, 807
49, 291
237, 676
8,952
56,940
788
1,531
1,411
6,117,060 8,002,676
760,914 1,553,803
1,090, 797 1,932,164
107,569
55, 638
676,457
282, 338
138,853
50, 702
4,401,907
8,050,151
307, 298
8, 357,449 12,411, 522
250, 624
121,118
60, 776
32, 999
243, 575
133, 388
127,051
36, 292
230,077
298.157
38, 209
128,320
238.158
66,402
40,089
37,105
11, 766
24, 571
13, 745
18, 512
17,359
15,021
12, 079
9,000
34, 545
20, 217
14,494
11,195
13, 678
2.462
10, 594
524
3,267
15,124
12, 512
11,211
5,849
35,907
20,024
80, 896
51. 284
50, 783
14, 228
35,165
14, 269
21, 779
32, 483
27, 533
23, 290
14,849
70,45,2
40,241
172,050
116, 575
31,594
95,427
40,680
302,954
43,072
59, 705
46,710
28,876
130,075
63,139
1,938, 744
320,411
156,841
477,252
1,119,143
134,846
51, 921
73, 735
575, 325
15, 299
189,285
166,545
195, 710
111, 750
2,207,586
311,995
759,920
464, 748
1,040,411
694, 713
351,464
859, 774
8,498
86,765
44, 508
1, 691, 568
820,464
1, 653,025
11,043
130,136
95, 671
145, 784 2, 045, 722
125, 977
" 51, 718
22,904
12,139
64, 972
41,003
51,014
20, 550
51, 972
150, 778
22, 287
67, 362
83,573
514,033
362,421
285,924
3, 718, 744
394, 616
1, 373,278
65,273
17, 798
29, 672
226,463
12,850
75,810
937
1,325
208
19, 899
4,986
9,527
66, 210
19,123
29,880
246,362
17,836
85, 337
4, 245, 287
6, 649,016
427,866
36,882
6,811,773
1,112,378
1,950, 571
64,136
369,103
95, 210
9, 694,244
2, 374, 267
3, 585,189
118, 612
638,824
347,354
779,023
8,448
55,889
4,110
80, 751
50
3,957
1,027
14,835
7,168
7,100
985
6,524
192
3,962
4,402
3,630
17, 968
5,770
17, 718
18, 634
766, 249
Depositors'
w
o
o
g
o
o
jg
co
g
|
S
<k
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
Virgin Islands of the United States. _
Total possessions
Total United States and possessions . .
1
9
769,137
171,306
627, 636
398, 549
235, 275
249, 672
95,555
171, 733
87, 608
63,498
111, 940
37, 557
78, 933
88,539
73,222
78,897
856, 745
234,804
739,576
436,106
314,208
338,211
168, 777
250,630
2,054, 445
504,201
2,065, 571
1,112,170
972,454
764,090
474,913
642,787
-/,869
71,556
393,201
168,872
131,410
149,185
35,989
73, 965
2,718,863
620,194
3, 339,057
8, 590, 631
1, 272,047
13,258
11,049
30,776
28,442
25,121
13,426
77, 594
5,740
39,503
15, 539
13,076
33,992
45,795
12,112
4,985
7,147
2,264
20, 341
28,797
24,125
64, 768
74, 237
37, 233
18, 411
84, 741
8,004
59,844
51,388
50,850
151, 577
171, 940
60, 705
36,118
202,945
17, 587
132, 374
11,401
7,723
26, 344
20, 410
15,555
9,606
63, 465
4,697
37, 245
244,909
155, 251
400,160
875,484
196,446
156, 344
80,899
1, 692, 813
14, 982
47, 541
7,079
17, 518
10, 727
7,644
54,304
5,038
3,084
324
658
167,071
88, 543
1, 747,117
20,020
50, 625
7,403
18,176
397, 594
239, 750
2, 907,083
46,069
158,480
13,034
45, 208
68, 525
67, 752
1, 043, 277
6, 835
16,174
6,190
7,790
2,017,176
81, 779
2,098, 955
3,807,218
1, 216, 543
4,034
35, 948
12, 634
29, 649
488
486
12,033
545
13, 762
4,520
47,981
13,179
43,411
488
8,129
159,878
39, 214
475, 642
1,087
1,327
13, 523
82,753
26,826
109,579
683,950
15, 338
20,172, 934
1, 666, 776
21,839, 710
40, 477, 615
5,685,539
Excludes postal savings and Christmas savings accounts, etc.
Represents number of savings pass book accounts.
288,393
92,853
468,526
177,578
150,979
188,445
53,822
91,230
634,226
196,448
1,200,891
449,988
440, 574
484,118
135,862
254, 625
521,268
99,750
234,435
229, 677
103,865
100,487
59, 566
97, 768
47,084
42,201
36, 615
28,851
59, 364
49, 279
55, 389
61, 632
568,352
141,951
271,050
258, 528
163,229
149,766
114,955
159,400
1,420,219
307,753
864, 680
662,182
531,880
279,972
339,051
388,162
239,779 1, 511,826
3,796, 732
1,446,816
380,415
1,827,231
4, 793, 899
9,940
6,523
17, 838
16, 500
6,760
2,884
5,099
1,544
15, 709
21,341
14, 246
44,182
36, 910
22,315
12,490
68, 564
6,241
52,954
40,486
30,351
121,757
98,921
36,433
24,845
157,882
13,473
117, 321
1,857
3,326
4,432
8,032
9,566
3,820
14,129
1,043
2,258
5,599
6,553
16,154
29, 295
5,352
2,101
2,048
720
4,632
7,456
9,879
20, 586
37,327
14, 918
5,921
16,177
' 1,763
6,890
10, 902
20,499
29,820
73,019
24, 272
11, 273
45,063
4,114
15,053
82, 797
279,243
641,469
48,463
72,454
120, 917
234, 015
6,790
7S»315
5,995
73, 747
42, 861 1,086,138
1, 864
8,699
1,105
17, 279
79
6,269
333
8,123
190, 728
200, 393
1, 973, 320
16,965
46, 660
10,139
20, 674
87, 819
13,147
649, 536
8,147
31, 367
889
9,728
3,937
1,649
11, 443
3,174
1,979
245
325
91, 756
14, 796
660, 979
11. 321
33, 346
1.134
10,053
206, 866
39, 357
933, 763
29,104
111,820
2,895
24, 534
59, 027 1, 275, 570
2, 458, 879
800, 633
22, 752
823, 385
1, 348, 339
135
4,429
1,462
17,952
2,745
56,806
2,707
22,425
12. 634
29, 649
351
7,604
545
13, 762
3,058
30,029
13,179
43,411
5,384
103,072
39, 214
475, 642
488
1,087
4,564
19,902
60,638
67,415
22,262
89,677
623,312
677, 721 6, 363,260
14,338,780
14,487, 395
989,055
40, 524
21,297
75, 325
8,706
19, 569
39, 260
17,833
17, 265
488
15,476,450 26,138,835
Savings deposits and depositors in all active banks in the United States and possessions, according to classes of hanks, on or about June 29,
1935—Continued
00
[Deposits in t housands of dollars]
State (commercial) banks
Deposits
evidenced Time cerof
by savings tificates
deposit
passbooks
Location
Total
savings
deposits 1
Loan and trust companies
Deposits
Depositors 2
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut- .
46,339
11,068
42, 211
135, 003
142,851
86,645
Total New England States
New York
New Jersey
Pennsylvania
Delaware
MarylandDistrict of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
..
Florida
Alabama
Mississippi
Louisiana. ,
Texas
Arkansas
KentuckyTennessee— __ _
evidenced
by savings
passbooks
.
Total Southern States...,
Time
certificates of
deposit
Total
savings
deposits i
652
58
254
12, 546
2,861
10,604
46,991
11,126
42,465
147, 549
145,712
97, 249
Stock savings banks
Depositors 2
464,117
26, 975
491,092
1,026,908
33,729
287
9,301
172
445
167,193
27,648
138,117
7,735
41,697
3 390,075
66,066
347, 329
19,899
160,918
551, 767
379, 223
375,148
17,204
34, 975
38,884
178,692
8,665
45, 722
616
1,086
1,408
730, 459
387,888
420,870
17,820
36,061
40, 292
3 1,034, 046
940,180
907, 513
37,764
151,129
88,688
338,456
43,934
382,390
984,287
1, 397,201
236,189 1,633, 390
3,159,320
66,402
40,089
37,105
11,766
24,558
9,856
15,922
17,359
15,021
10,480
8,959
34,545
20,217
14,494
-11,195
13,678
2,253
10,469
441
3,250
15,124
12,512
10,005
5,849
35,907
20,024
80,896
51,284
50,783
14,019
35,027
10,297
19,172
32,483
27,533
20,485
14,808
70,452
40,241
188,286
172,050
116,575
3 31,594
95,365
29,488
50,529
43,072
59,705
43, 452
28,776
130,075
3 63,139
312,279
155, 201
467,480
1,052,106
3,889
83
83
3,972
3,972
Time
certificates of
deposit
Total
savings
deposits*
Depositors *
147,906
28, 522
103, 220
310,849
193,478
242, 933
133,464
27,361
128,816
7,563
41,252
3,889
Deposits
evidenced
by savings
passbooks
o
S
= = = = = =====
27,711
27,711
43,004
10,407
3
10, 410
50,165
38,118
3
38,121
93,169
2,554
7
2,561
52,300
2,554
7
2,561
52,300
11,192
11,192
8
o
Ohio
Indiana
._
Illinois
__
Michigan
Wisconsin
Minnesota.
Iowa
Missouri __ .
Total Middle Western States.
North Dakota
South Dakota
Nebraska
Kansas
Montana
_
Wyom ing
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
Virgin Islands of the United StatesTotal possessions
Total United States and possessions
406,785
30,560
234,435
212,369
98, 306
36,848
11,789
19,861
46,138
27,888
36, 613
27,970
58,380
49,150
25,906
40, 711
452,923
58, 448
271,048
240, 339
156,686
85,998
37,695
60,572
1,247,963
124, 283
864,680
634, 505
504, 304
183,792
3 67,119
3 78,853
1,050,953
312,756
1,363, 709
1,436
2,198
3,349
8,016
9,566
3,820
4,954
1,043
2,258
5,501
5,906
16,139
28,316
5,352
2,101
1,797
720
4,632
6,937
8,104
19,488
36, 332
14,918
5,921
6,751
1,763
6,890
36,640
70,464
107,104
193, 349
33,512
12,696
37,431
14, 345
11,443
11, 321
18,138
1,134
5,158
111,361
38, 506
8,147
16,623
889
4,995
3,919
1,649
11, 443
3,174
1,515
245
163
29,104
57, 455
2,895
3 12, 597
1,449
76,862
22,108
98,970
251,918
1,449
2,707
22,425
12,634
29,649
351
7,604
545
13,762
3,058
30,029
13,179
43,411
5,384
103,072
39, 214
475,642
67,415
22,262
89,677
623, 312
1,882,605
626, 725
2, 509, 330
6,810,471
* Excludes postal savings and Christmas savings accounts, etc.
* Represents number of savings passbook accounts.
»Estimated.
i
49,782
13,146
62,928
153,826
16,089
132
16, 221
21,400
1,319
790
1,718
77,907
984
129
135
20,921
2,303
919
1,853
98,828
7,516
538
3 9, 781
3 309, 309
45,856
28,514
74, 370
3 261,074
3, 705, 499
131,516
35, 315
166,831
480,970
61,945
28,646
90, 591
282,474
10, 250
3 13,989
26,152
72, 953
3 24, 272
11, 273
15, 293
4,114
3 15,053
421
1,128
98
647
519
1,775
652
s 6, 510
1,083
15
1,098
3,668
947
947
9,175
251
9,426
29,770
10,724
1,943
12, 667
36, 932
1,083
15
1,098
3,668
1,524
18
1,542
5,415
562,357
864,317
562,357
2,008,896
24
1,473
8,231
13, 295
440
13, 735
4,733
162
4,895
46,134
3
11,937
1,473
8,231
581,909
620
582, 529
927,803
300,529 2, 309,425
4, 723, 553
685,609
29,291
714,900
1, 359,414
24
Savings deposits and depositors in all active banks in the United States and possessions, according to classes of banks, on or about June :
1935—Continued
[Deposits in thousands of dollars]
Mutual savings banks
Deposits
Total
evidenced Time cer- savings
by savings oftificates
deposits
i
deposit
passbooks
Location
Maine..
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
-_ -
_
._ _
Total New England States
New York .
New Jersey
Pennsylvania
_
Delaware
Maryland . .
THstrfot nf fJnl^mhift , ,.
„
Total Eastern States
Depositors a
Total all banks other than national
Deposits
Total
evidenced Time cer- savings
by savings oftificates
deposits
i
deposit
passbooks
120,206
184,642
69,572
2,072,540
169,144
673,012
231,281
281,978
108,969
2,832,511
185,839
940,242
263
25
288
3,289,116
4,580,820
306
25
331
5,193,401
317,664
526,558
30,083
204,580
5,193,401
317,664
526,558
30,083
204,580
6,576,862
504,502
66% 598
49,906
•364,410
752
3
3,335
25,255
6,272,286
6,272,286
8,158,278
4,090
120,206
184,642
69,539
2,072,540
169,144
673,012
33
3,289,083
33
Virginia
West Virginia
North Carolina. _
South Carolina
Georgia
_.
Florida
Alabama.
Mississippi
_ _
.
Louisiana
Texas
.
Arkansas
. __
Kentucky
Tennessee
........_»„._.._ _ . .
Total Southern States-
Private banks
-
Depositors*
Deposits
evidenced Time cerof
by savings tificates
deposit
passbooks
Total
savings
deposits *
Depositors 2
167,197
195,768
112,037
2,220,132
314,856
770,549
379,187
310,500
212,189
3,143,419
379,317
1,183,993
818
166,545
195,710
111,750
2,207,586
311,995
759,920
652
58
287
12,546
2,861
10,629
877
3,753,506
27,033
3,780,539
5,608,605
1,917
26,007
3
5,252
»1,693
51
14,724
5,879,384
751,962
1,033,857
54,850
280,807
49,291
237,676
8,952
56,940
788
1,531
1,411
6,117,060
760,914
1,090,797
55,638
282,338
50,702
8,002,676
1,553,803
1,932,164
107,569
676,457
138,853
27,172
31,262
16,468
8,050,151
307,298
8,357,449
12,411,522
66,402
40,089
37,105
11,766
24,571
13,745
18,512
17,359
15,021
12,079
9,000
34,545
20,217
14,494
11,195
13,678
2,462
10,594
524
3,267
15,124
12,512
11,211
5,849
35,907
20,024
80,896
51,284
50,783
14,228
35,165
14,269
21,779
32,483
27,533
23,290
14,849
70,452
40,241
188 286
172,050
116,575
31,594
95,427
40,680
102,954
43,072
59,705
46,710
28,876
130,075
63,139
320,411
156,841
477,252
1,119,143
43
43
59
13
209
125
209
138
62
36
10
46
125
1,599
41
1,206
2,805
41
3,258
100
1,689
1,550
3,239
3,545
o
i-3
c
O
113,916
18,897
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota. . .
Iowa_'_
Missouri
4,240
62,849
Total Middle Western States.
North Dakota
South Dakota.. __
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
328
62
199,902
390
114,244
18,959
170,745
27,279
4,240
62,849
20,060
95,642
200,292
313,726
203
834
1,037
1,077
2,500
3,308
5,808
11,230
6,277
_ _
16
32
48
66
16
32
48
66
_-
1,420,219
307,753
864,680
662,182
531,880
279,972
339,051
388,162
1,446,816
380,415
1,827,231
4,793,899
1,857
3,326
4,432
8,032
9,566
3,820
14,129
1,043
2,258
5,599
6,553
16,154
29,295
5,352
2,101
2,048
720
4,632
7,456
9,879
20,586
37,327
14,918
5,921
16,177
1,763
6,890
10,902
20,499
29,820
73,019
24,272
11,273
45,063
4,114
15,053
48,463
72,454
120,917
234,015
87,819
13,147
649,536
8,147
31,367
889
9,728
3,937
1,649
11,443
3,174
1,979
245
325
91,756
14,796
660,979
11,321
33,346
1,134
10,053
206,866
39,357
933,763
29,104
111, 820
2,895
24,534
140,413
140,413
160,387
800,633
22,752
823,385
1,348,339
2,707
22,425
12,634
29,649
351
7,604
545
13,762
3,058
30,029
13,179
43,411
5,384
103,072
39,214
475,642
67,415
22,262
89,677
623,312
14,487,395
989,055
15,476,450
26,138,835
Total possessions
States
568,352
141,951
271,050
258,528
163,229
149,766
114,955
159,400
90,090
851
69,446
Alaska
The Territory of Hawaii
Puerto Rico
._
Philippines _
Virgin Islands of the United States-
Total United
possessions
47,084
42,201
36,615
28,851
59,364
49,279
55, 389
61,632
52,783
451
87,179
. -
Total Pacific States
521,268
99,750
234,435
229,677
103,865
100,487
59,566
97, 768
52,783
451
87,179
Total Western States
WashingtonOregon.
California
Idaho
Utah
Nevada
Arizona
1,185
1,616
2
1,968
1,511
2,365
1,219
618
1,105
2
749
567
511
and
9,901,684
423
9,902,107
13,213,211
8,601
32,087
40,688
32,186
1 Excludes postal savings and Christmas savings accounts, etc.
2
Represents number of savings passbook accounts.
1
Estimated.
<:Dec. 31,1934.
fcO
122
REPORT OF THE COMPTROLLER OF THE CURRENCY
National Banks
The assets and liabilities of all active national banks June 30,1931
to 1935, are shown in the following statement:
Assets and liabilities of all active national banks on or about June 80', 1981-85
[In thousands of dollars]
1931 (6,805
banks)
1932 (6,150
banks)
1933 (4,902
banks) 1
13,177,485
7,790
7,674,837
795,866
10,281,676
4,701
7,196,652
760,057
8,116,972
2,800
7,371,631
641,694
7,694,749
2,994
9,348,553
655,819
7,365,226
3,491
10,716,386
651,463
125,681
368,589
143,585
338,404
132,187
288,478
151,970
352,402
171,455
405,513
1,418,096
2,354,145
1,150,575
1,569,723
1,412,127
1,935,922
2,497,400
2,535,218
3,092,178
3,047,167
854,365
865,844
427,159
495,179
482,419
476,261
311,945
350,542
323,363
284,823
27,642,698
22,367,711
20,860,491
23,901,592
26,061,065
10,105,885
Demand deposits
Time deposits (including postal savings)... 8,579,590
United States deposits
235,226
Due to banks
2,746,412
Certified and cashiers' checks and cash letters of credit and travelers' checks outstanding
531,127
7,940,653
7,265,640
213,287
1,800,217
7,894,127
6,216,917
449,661
1,969,891
9,280,929
6,891,128
889,678
2,684,015
11,296,760
7,246,147
436,821
3,313,653
241,116
243,519
186,910
224,865
1934 (5,422 1935 (5,431
banks)»
banks)
ASSETS
Loans and discounts (including rediscounts)
Overdrafts
Investments
Banking house, furniture and fixtures
Real estate owned other than banking
house
Cash in vault
Eeserve with Federal Reserve banks or
other Reserve agents.
Due from banks
_
Exchanges for clearing house and other cash
items
Other assets
Total.
LIABILITIES
Total deposits
22,198,240
National-bank circulation
639,304
Bills payable and rediscounts.
153,533
Agreements to repurchase securities sold...
10,266
Acceptances executed for customers
442,235
Interest, taxes, and other expenses accrued
and unpaid
_
62,881
Dividends declared but not yet payable
and amounts set aside for dividends not
declared
(a)
Other liabilities
380,509
Capital stock
1,687,663
Surplus
_
1,493,876
Undivided profits—net
443,592
Reserves for contingencies
» 130,599
Retirement fund for preferred stock
Total.
17,460,913 16,774,115 .19,932,660 22,618,246
222,095
730,435
652,168
4,643
117,855
15,679
506,890
4,194
9,223
4,399
39,535
133,221
85,599
229,304
279,220
41,617
49,439
1,568,983
1,259,425
302, 521
» 148,919
(*)
101,
01,388
1,515,647
940,598
235,600
3 164, 709
27,642, 698 22,367, 711 20,860,491
41,741
42,335
()
74,566
1,737,827
854,057
257,311
3151,267
571
21,004
76,531
1,809,503
831,846
297,967
143,951
3,151
23,901, 592
26,061,065
1
Licensed banks, i. e., those operating on an unrestricted basis.
> Dividends declared but not yet payable in 1931 and 1932 were included with reserve for contingencies
and in item 1933 and 1934 with " Other liabilities." Amounts set aside for dividends not declared were not
segregated
from reserves for contingencies prior to 3935.
1
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
active banks other than national.
Officials of State banking departments and number of each class of active banks under their supervision in June 1935, from which reports of condition were received
Banks
Private banks
Location
Maine .
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Names of officials
Thomas A. Cooper
_
Clyde M . Davis
George B. Carpenter
Henry H. Pierce
M. Joseph Cummings__Walter Perry
Titlee
and
State Loan
trust
(comcommercial)
panies
Bank commissioner
_
_ __
do._
Commissioner of banking and insurance .Commissioner of banks
Chief, division of banking and insurance
State bank comniission6r
Total New England States.
New York
New Jersey.
Pennsylvania
Delaware
Maryland District of Columbia
Total Eastern States
George W. Egbert
Carl K. Withers
Luther A. Harr.._
Harold W. Horsey
John J. Ghingher
Superintendent of banks.._
.„_
Commissioner of banking and insurance
Secretary of banking
State bank commissioner
. do
168~
29
183
6
104
490
Stock
savings
Mutual
savings
Under
State
supervision
Not
under
State
supervision *
Total
64
60
49
270
23
144
31
13
35
76
14
67
33
47
14
193
9
73
4
236
369
4
1
610
135
136
208
25
22
5
18
2
23
2
4
8
135
25
8
2
13
458
193
426
33
139
13
531
9
183
43
6
1,262
1
1
M. E. Brfctow
Commissioner of insurance and banking
197
Virginia
197
George Ward
Commissioner of banking
103
West Virginia
103
Commissioner of banks
173
North Carolina
__. Gurney P . Hood
173
1
Thomas H. Daniel
Chief bank examiner
.
121
South Carolina
120
R. E. Gormley
275
51
Superintendent of banks
224
Georgia
J. M. Lee
101
Comptroller, State of Florida
85
16
Florida
150
2
Superintendent of b a n k s . . .
146
2
Alabama -_
_
. . . J. H.Williams
184
184
State comptroller
Mississippi
___ M. D. Brett
120
120
J S Brock
State bank commissioner._.
Louisiana
479
450
29
Texas
_
E. C. Brand
Commissioner, department of banking
_
1
Under the provisions of sec. 21 (a) of the Banking Act of 1933, these banks were required to make and publish reports of condition in the same manner as provided by law for
national banks. This section, however, was amended by sec. 303 of the Banking Act of 1935, which no longer requires such banks to submit to periodic examination by the Comptroller or the Federal Reserve bank, or to make to the Comptroller and publish periodic reports of condition.
1
=
tei
o
o
o
to
CO
Officials of State banking departments and number of each class of active banks under their supervision in June 1985, from which reports of condition were received—Continued
Banks
Private banks
Location
Names of officials
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
..
and
State Loan
Stock
trust
(comcommercial) panies savings
Titles
Marion Wasson_
James R. Donnan
D. D. Robertson
Commissioner, State banking departmentBanking and securities commissioner
Superintendent of banks
S. H. Squire
Richard A. McKinley
EdwardJ. Barrett
R. E. Reichert
Peter A. Cleary.
Elmer A. Benson
D. W. Bates
0. H. Moberly
Superintendent of banks
Director department offinancialinstitutions.
Auditor of public accountsCommissioner, State banking departmentChairman, State banking department..
Commissioner of banks
Superintendent, department of banking
Commissioner of finance
Adam A. Lefor
F. R. Strain _
B. N. Saunders
Roy A. Haines—
Frank H. Johnson
_
A. E. Wilde
Grant McFerson
Woodlan P. Saunders. _.
Howard C. Johnson
State bank examiner
Superintendent of banks
do
Bank commissioner
Superintendent of banks...
State examiner
State bank commissioner
Stfttfi bftTilr oxftmJTier
Bank commissioner.
444
312
586
378
501
473
225
557
3,476
134
143
292
527
72
33
70
18
191
1,480
Supervisor of banking
Howard H. Hansen
A. A. Schramm
Superintendent of banks
do
_
Friend Wm. Richardson
_
Under
State
supervision
176
349
256
2,583
_.
Mutual
savings
130
51
121
16
2
77
13
11
5
4
60
170
2~
5
r
5
3
306
309
1
15
33
5
1
1
14
49
2
2
11
8
26
3~
1
13
2
1
15
2
3
1
1
Not
under
State
supervision
Total
14
190
349
256
96
2,698
1
27
13
41
462
427
587
421
517
479
548
618
4,059
136
148
294
540
72
33
78
18
191
1,510
137
53
150
Ben Diefendorf
J. A. Malia
D. Q. La Rue
Y. 0 . White
Ldaho—
Utah
Nevada
Arizona
Commissioner of finance
State
bank commissioner
Superintendent
of banks
do
Total Pacific States.._
Oscar Q. Olson
E. S. Smith . . .
Alaska
The Territory of Hawaii
Puerto Rico
Philippines
..Total possessions
_.
Total United States and
possessions
Secretary, Territorial banking board
Bank examiner
.
. _ ._
Treasurer
Insular treasurer
_
37
42
4
6
37
46
4
8
3
1
391
20
19
9
6
14
11
8
9
14
14
11
40
8
48
8,460
1,007
2
341
5
571
435
99
144
3
10,622
o
o
K
B
d
3
o
Hi
to
126
EEPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of all active banks other than national
June 30, 1931 to 1935, are shown in the following statement:
Assets and liabilities of all active banks other than national on or about June 80,
1981-85
[In thousands of dollars]
1931(15,266 1932 (13,013 1933 (9,722 1934 (10,472 1935 (10,622
banks)
banks)
banks)»
banks)»
Loans and discounts (including rediscounts)
__. 21,987,365
Overdrafts
37,860
Investments
12,385,316
Banking house, furniture and fixtures
1,012,388
Heal estate owned other than banking
house
320,807
Cash in vault
515,738
Due from banks, including reserve with
Federal Reserve banks or other reserve
agents
3,763,668
Exchanges for clearing house and other
cash items
1,092,344
Other assets
1,450,965
17,792,964
10,512
11,026,589
921,932
14,260,399
7,647
10,559,032
741,137
13,723,175
10,235
11,940,941
628,556
13,044,560
5,983
13,500,769
729,305
383,165
453,223
505,459
384,078
693,166
361,566
911,564
379,063
2,874,735
2,644,007
3,844,328
4,798,609
553,898
860,402
617,754
721,904
312,890
743,476
351,655
610,484
42,566,451
34,877,420
30,441,417
32,258,333
34,331,992
11,220,325
Demand deposits
Time deposits (including postal savings)— 20,579,771
United States deposits.
212,963
Due to banks
2,082,329
Certified and cashiers' checks and cash
letters of credit and travelers' checks
551,876
outstanding
Deposits not classified
19,240
8,464,926
17,508,749
211,038
1,411,893
7,364,638
15,200,894
410,738
1,346,319
8,304,546
15,661,202
847,005
1,687,645
10,296,480
16,007,181
387,594
2,124,215
324,750
8,000
409,750
27,016
166, 202
25,781
19,727
Total..
LIABILITIES
$4,666,604 87,929,856 84,769,855 86,692,881 89,067,877
Total deposits
304,087
386,028
172,371
741,890
56,697
Bills payable and rediscounts
302,069
17,576
10,529
6,205
Agreements to repurchase securities sold__.
9,078
496,172
212,509
Acceptances executed for customers
163,478
135,530
249,090
Interest, taxes, and other expenses accrued
32,165
and unpaid.
34,958
27,832
34,683
23,488
Dividends declared but not yet payable
and amounts set aside for undeclared
dividends and for accrued interest on
5,360
capital notes and debentures
287,519
Other liabilities
661,521
502,532
687,312
274,756
322,461
Capital notes and debentures
1,521,184
1,383,894
1,982,335
1,748,881
1,498,498
Capital stock
2,261,716
2,320,634
3,298,975
2,798,645 2,430,723
Surplus
_
319,824
410,646
386,131
566,536
414,077
Undivided profits—net
370,684
2 303,471
»323,914
Reserves for contingencies
> 227,503 * 297,050
Retirement fund for preferred stock, capital
79
1,152
notes and debentures
,
Total.
42,566,451
34,877,420
i Licensed banks; i. e., those operating on an unrestricted basis.
* Includes reserves for dividends.
30,441,417
32,258,333
34,331,992
REPORT OF THE COMPTROLLER OF THE CURRENCY
127
The assets and liabilities of State (commercial) banks June 30,
1931 to 1935, are shown in the following statement:
Assets and liabilities of State (commercial) banks, June 1981 to 1935
[In thousands of dollars]
1931 (12,259 1932 (10,455 1933 (7,714
1934 (8,348
1935 (8,460
banks)
banks)
banks) l
banks) l
banks)»
ASSETS
Loans and discounts (including rediscounts)
Overdrafts
Investments
Banking house, furniture and fixtures
Real estate owned other than banking
house.
Cash in vault
_
Due from banks, including reserve with
Federal Reserve banks or other reserve
agents
Exchanges for clearing house and other
cash items
Other assets
7,270,126
32,210
2,937,642
401,035
5,130,709
4,490
2,266,923
323,544
3,117,862
2,950
1,709,582
220,451
2,924,830
2,428
2,284,990
216,534
2,850,259
2,569
2,697,457
215,008
134,412
274,922
133,274
225,472
109,018
183,310
127,955
177,691
135,544
190,851
1,604,641
1,082,830
1,339,275
1,730,608
130,069
325,070
73,504
238,052
138,185
172,296
78,992
146,644
90,800
136,513
13,110,127
9,478,798
6,552,142
7,299,339
8,049,609
4,581,490
5,274,952
86,165
622,526
3,076,752
3,569,752
81,083
2,424,214
2,140,489
91,299
291,788
2,897,956
2,400,030
169,616
356,771
3,482,234
2,729,745
77,367
415,871
70,772
5,538
43,663
4,461
85,779
5,638
50,232
1,355
71,271
2,718
10,641, US 7,154,104
Total deposits
_
180,357
467,081
Bills payable and rediscounts
17,023
Agreements to repurchase securities sold...
7,078
54,073
Acceptances executed for customers
36,720
Interest, taxes, and other expenses accrued
and unpaid
s.
25,693
20,633
Dividends declared but not yet payable
and amounts set aside for undeclared
dividends and for accrued interest on
capital notes and debentures
278,682
237,453
Other liabilities
Capital notes and debentures
956,206
805,3§2
Capital stock..„
665,752
526,841
Surplus—
*--.
200,992
127,382
Undivided profits-net
2 89,906
2 96,174
Reserves for contingencies
_
Retirement fund for preferred stock, capital
notes and debentures
5,089,207
229,231
12,776
24,620
Total.
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.
1
8
13,110,127
9,478,798
Licensed banks; i. e., those operating on an unrestricted basis.
Includes reserves for dividends.
6,875,960
94,792
9,944
25,940
9,948
6,252
1651915
139, 330
131,256
554,517
337, 280
90,925
2 87, 723
6,552,142
252, 224
87,240
87,871
2
6,779,206
18,132
6,063
19,522
7,453
841
92, 744
126,118
590,400
242,941
89, 737
76,061
44
391
7,299,339
8,049,609
128
REPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of loan and trust companies June 30,
1931 to 1935, are shown in the following statement:
Assets and liabilities of loan and trust companies, June 1931 to 1935
[In thousands of dollars]
1931 (1,469
banks)
1932 (1,235
banks)
1933 (1,029
banks) i
1934 (994
banks) i
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
4,625, 753
3,495
4, 786, 651
246,969
156, 855
118, 641
4,356,024
2,517
5,518, 567
353,665
202,510
130,816
1, 674, 203
1, 319, 548
1, 302, 757
1, 861, 969
2,393,054
957,102
1,039,655
475,819
524,864
476, 014
443,868
228, 727
426, 244
256,961
259,676
16,860,990
13,118,830
11,996, 340
12,455, 304
13,473, 790
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
5,087,330
2, 667,150
666,773
1,283,093
6,376, 298
2,576, 632
307,348
1,624, 329
480,631
13,106
280,601
3,511
323,601
18,587
114,901
24, 353
116,940
17,002
12,720,0S2
109. 631
285, 046
442, 099
9,714,000
238,984
2,000
212,367
9,167, 920
134,296
4,800
187,889
9, 843,600
57,329
585
108,195
11,018,549
26,800
142
87, 556
7,113
5,877
21,055
23, 587
7,604
394, 312
394, 716
307,975
967,432
1,620,525
186,896
2 127,904
894, 056
1,343, 982
123, 761
2 189, 087
793,651
1,009,604
168,814
2 200,336
175,101
161,155
809,879
926,422
146,950
2 202,467
34
643
16,860,990
13,118,830
11,996,340
12,455,304
13,473,790
1935 (1,007
banks) 1
ASSETS
Loans and discounts (including rediscounts).
Overdrafts
_.
Investments
.
Banking house, furniture and fixtures
Real estate owned other than banking house.
Cash in vault.
Due from banks, including reserve with
Federal Reserve banks or other Reserve
agents
__
Exchanges for clearing house and other
cash items
Other assets
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 deposits..
Bills payable and rediscounts
Agreements to repurchase securities sold. _.
Acceptances executed for customers.
_.
Interest, taxes, and other expenses accrued
and unpaid
Dividends declared but not yet payable
and amounts set aside for undeclared
dividends and for accrued interest on
capital notes and debentures
Other liabilities
Capital notes and debentures
Capital stock
Surplus
_
Undivided profits-net
Jt..
Reserves for contingencies__
Retirement fund for preferred stock, capital notes and debentures
Total.
803
1 Licensed banks; i. e., those operating on an unrestricted basis.
2 Includes reserves for dividends.
170,223
121,898
817, 360
973,003
83,369
165, 840
REPORT OF THE COMPTROLLER OF THE CURRENCY
129
The assets and liabilities of stock savings banks June 30, 1931 to
1935, are shown in the following statement:
Assets and liabilities of stock savings banks, June 1931 to 1985
[In thousands of dollars]
1931 (654
banks)
1932 (502
banks)
1933 (219
banks) 1
1934 (316
banks) 1
1935 (341
banks)
ASSETS
Loans and discounts (including rediscounts)
Overdrafts
Investments
Banking house, furniture and fixtures
Real estate owned other than banking house.
Cash in vault
Due from banks, including reserve with
Federal Reserve banks or other Reserve
agents
_
Exchanges for clearing house and other
cash items
Other assets
Total .
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
397,089
23
353,341
18,833
24, 798
9,586
375,489
29
373,926
16, 664
27,311
8,704
120, 541
81, 090
71, 099
96,444
111,453
3,095
1,433
2,018
1,817
2,168
1,713
2,378
3,458
1,808
3,858
1,321,401
1,090, 232
878,879
905,950
919, 242
114,195
1,085,008
80,406
43,756
751,607
8,366
2,268
76,162
732, 596
10, 599
4,874
103, 553
727,831
2,878
3,422
212
770
1,065
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--.
Interest, taxes, and other expenses accrued
and unpaid..
.Dividends declared but not yet payable
and amounts set aside for undeclared
dividends and for accrued interest on
capital notes and debentures
_.
Other liabilities
Capital notes and debentures
Capital stock
Surplus
Undivided profits—net. _
Reserves for contingencies
Retirement fund for preferred stock, capital notes and debentures
Total.
1
2
6,175
2,699
4,265
349
566
291
2
1, 210,099
4,223
981, 559
17,113
5,412
825, 001
436
838, 749
80
705
446
368
664
975
722
718
51,855
39, 399
11,980
2
2, 413
43,964
33,772
8,861
2
3,536
30,863
26,144
5,363
2
3,724
757
1,350
44, 526
19,255
5,109
2
9,147
81
973
1,120
44,361
19,300
6, 716
7,093
1,321,401
1,090, 232
878,879
905,950
919, 242
105
Licensed banks; i. e., those operating on an unrestricted basis.
Includes reserves for dividends.
Number of active stock savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June 80,1934,
June 29, 1935
1934
Location
Number
of
banks
New Jersey.
District of Columbia
Total Eastern States
Alabama
Michigan
Iowa
-
Total Middle Western States
Nebraska
Washington
California
Utah
Arizona
.
-
Depositors i
1935
Deposits 2
Average
due each
depositor
Number
of
banks
Depositors i
Deposits a
Average
due each
depositor
1
7
40,158
47,472
$26,828,000
9,157,000
$668.06
192.89
1
8
43,004
50,165
$27,711,000
10,410,000
$644.38
207.52
8
87,630
35,985,000
410.65
9
93,169
38,121,000
409.16
2
46,281 "
2,257,000
48.77
2
52,300
2, 561,000
48.97
3
282
285
18,613
3 144,548
13,444,000
59,413,000
722. 29
411.03
3
306
21,400
'261,074
16,221,000
74,370,000
757.99
284.86
163,161
72,857,000
446.53
309
282, 474
90,591,000
320.71
2
3,513
1,044,000
297.18
2
3,668
1,098,000
299.35
607.62
307.40
438.38
1
15
1
2
5,415
864, 317
46,134
311,937
928,792
43,965
9,704
16
1
2
< » 564, 349,000
13, 515,000
4, 254,000
1,542, 000
« « 562, 357,000
13,735,000
4,895,000
284.76
650.64
297.72
410.07
Total Pacific States
19
982, 461
582,118,000
592.51
19
927,803
582, 529,000
627.86
Total United States
316
1, 283,046
694,261,000
541.10
341
1, 359,414
714,900,000
525.89
1 Represents number of savings passbook accounts.
Represents deposits evidenced by savings passbooks and time certificates of deposit.
3 Estimated.
* Includes savings deposits of departmental banks.
»Includes certified and cashiers' checks.
2
8
o
o
§
i
EEPOET OF THE COMPTROLLER OF THE CURRENCY
131
The assets and liabilities of mutual savings banks June 30, 1931 to
1935, are shown in the following statement:
Assets and liabilities of mutual savings banks, June 1981 to 1985 l
[In thousands of dollars]
1931 (600
banks)
1932 (594
banks)
1933 (576
banks)'
1934 (578
banks)'
6,051,133
6,140,556
2
4,194,572
134,442
5,941,048
5,647,308
2
4,256,662
138,021
5,342,477
4,103,176
138,252
1935 (571
banks)
ASSETS
Loans and discounts (including rediscounts)
Overdrafts
_
Investments
_
Banking house, furniture and fixtures
Real estate owned other than banking
house
Cash in vault
_
Due from banks, including reserve with
Reserve agents
_
Exchanges for clearing house and other
cash items
Other assets-.
_
4,475,169
123,373
4,511,420
135,611
65,432
38,229
354,185
127,538
55,994
253,482
62,78i
378,762
53,332
536,915
46,544
384,804
364,519
458,799
474,856
1,852
82,415
2,436
93,798
1,240
102,645
2,239
129,943
1,413
123,283
11,191,788
11,134,142
10,967,143
11,065,068
11,172,520
Demand deposits._
3,718
Time deposits (including postal savings)
10,031,124
Due to banks
__
453
Certified and cashiers' checks, cash letters
of credit and travelers' checks outstanding
_
Deposits notrfslassified
_
_.
3,351
10,035,423
92
3,132
9,709,861
113
2,526
9,777,405
132
1,894
9,917,761
137
152
126
20
Total deposits
Bills payable and rediscounts
Interest, taxes, and other expenses
and unpaid
Amounts set aside for dividends
accrued interest on capital notes
bentures.
_
_
Other liabilities
Capital notes and debentures,_
Surplus
Undivided profits—net
Reserves for contingencies._
Retirement fund for capital notes
bentures
10,089,018
17,477
9,718,252
16,271
9,780, G99
4,528
6,369
9,919,80
4,935
1,661
604
3,158
1,648
7,604
9,557
25,661
24,706
13,752
' 28,700
1,073,097
144, 353
« 17,050
3,365
12,024
»25,620
977,178
139,016
82,919
11,065,068
11,172,520
Total.
LIABILITIES
TotaL
10,085, SSI
accrued
and for
and de-
and de-
8 968,121
165,417
* 7,173
3 890, 026 3 1,054,370
153,222
144,687
* 8,134
* 10,699
47
7
13
11,191,788
11,134,142
10,967,143
1
Includes 1 stock savings bank.
2 Licensed banks: i. e., those operating on an unrestricted basis, together with banks having limitations
on deposit withdrawals in one State.
' Includes capital stock of $10,200 for 1 stock savings bank.
* Includes reserves for dividends.
Number of active mutual savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June 80, 1984,
and June 29, 1985
1934
Location
Number Depositors1
of banks
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
..
..
Total New England States
New York
New Jersey
Pennsylvania'
Delaware
Maryland
_
_______
__
_.
_ _
Total Eastern States
Ohio
Indiana.
Wisconsin
Minnesota..
.
__
.
Total Middle Western S t a t e s . - .
Washington
Oregon
California
.
Total Pacific States.
Total United States
1
8
8
_
Deposits *
Average
due each
depositor
Number Depositorsl
of banks
3 33
48
19
193
9
73
229,410
280,846
116,117
2,834,457
188,088
962,665
$118,350,000
4 182,814,000
75,388,000
2, 045, 087,000
169,543,000
661,173,000
$515.89
650.94
649.24
721.51
901.40
686.81
33
47
14
193
9
73
231,281
281,978
108,969
2,832,511
185,839
940,242
375
4,611,583
3,252,355,000
705.26
369
138
25
8
2
13
6, 463,196
488,867
644,922
49,200
« 343,749
5,139, 593,000
308,996,000
512,109,000
28, 738,000
195,018,000
795. 21
632.06
794.06
584.11
567.33
135~
25
8
2
13
186
7,989,934
6,184,454,000
774.03
83
5
3
1
161,948
27,489
20,650
95, 612
108,672,000
17,925,000
4,220,000
60,157,000
12
305,699
3
1
1
99,134
266
70,495
Deposits *
Average
due each
depositor
$120,206,000
184,642,000
69,572,000
2,072,540,000
169,144,000
673,012,000
$519.74
654.81
638.46
731.70
910.16
715.79
4,580,820
3,289,116,000
718.02
6, 576,862
504,502
662,598
49,906
7 364,410
5,193,401,000
317,664,000
526,558,000
30,083,000
204,580,000
789.65
629.66
794. 69
602.79
561.40
183
8,158,278
6,272,286,000
768.82
671. 03
652.08
204.36
629.18
3
5
5
1
170,745
27,279
20,060
95,642
114,244,000
18,959, 000
4,240,000
62,849, 000
669.09
695.00
211.37
657.13
190,974,000
624. 71
14
313, 726
200,292,000
638.43
49,169,000
71,000
87, 573,000
495. 99
266. 92
1, 242.26
3
1
1
90,090
851
69,446
52,783,000
451, 000
87,179,000
585. 89
529. 96
1, 255. 35
5
169,895
136,813,000
805. 28
5
160,387
140,413,000
875. 46
578
13,077, 111
9, 764,596,000
746. 69
571
13,213,211
9,902,107,000
749.41
Represents number of savings passbook accounts.
Represents deposits evidenced by savings passbooks and time certificates of deposit.
Includes banks having limitations on deposit withdrawals.
* Includes deposits of 11 guaranty savings banks in 1934 and 10 in 1935.
1935
8
Includes returns from 1 stock savings bank.
«7 Dec. 30,1933.
Dec. 31,1934.
8
June 25,1934.
s
§
o
I
o
3
o
REPORT OF THE COMPTROLLER OF THE CURRENCY
133
Number of savings banks {mutual and stock) in the United States, number of savings
depositors, amount of savings deposits,
and average amount due each depositor
June SO, 1914 to 1985, 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 banks...
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 banks.
Stock savings banks...
1930—Mutual savings banks.
Stock savings banks...
1931—Mutual savings banks.
Stock savings banks...
1932—Mutual savings banks.
Stock savings banks—
1933—Mutual savings banks.
Stock savings banks...
1934—Mutual savings banks.
Stock savings banks...
1935—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
578
316
571
341
Depositors2
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, 455, 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
13,077, 111
1, 283,046
13, 213, 211
1, 359, 414
Deposits3
$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
9, 764, 596, 000
694,261. 000
9,902,107,000
714, 900,000
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
746.69
541.10
749.41
525.89
iJ Kevised.
Represents number of savings passbook accounts.
3 Represents deposits evidenced by savings passbooks and time certificates of deposit.
^Includes estimated returns of 106 banks in California. (See p. 141, Comptroller's Report for 1921.)
34335—36-
-10
134
REPORT OF THE COMPTROLLER OF THE CURRENCY
The assets and liabilities of private banks June 30, 1931 to 1935, are
shown in the following statement:
Assets and liabilities of private banks, June 1981 to 19S5
[In thousands of dollars]
1931 (284
banks)
1932 (227
banks)
1933 (184
banks) *
1934 (236
banks) 1
1935 (243
banks)
ASSETS
Loans and discounts (including rediscounts)
Overdrafts
Investments
Banking house, furniture and fixtures
Keal estate owned other than banking
house
Cash in vault
_
_
Due from banks, including reserve with
Eeserve agents
Exchanges for clearing house and other
cash items
Other assets
Total.
44,368
213
16,934
2,957
28,363
131
12,509
2,278
22,738
109
9,986
1,188
128,195
4,287
259,297
8,199
120,311
867
399,399
8,357
3,301
1,656
2,497
1,185
2,937
1,282
4,796
2,316
9,284
2,148
10,098
6,463
7,144
87,841
226
2,392
121
1,871
147
1,382
554
37,187
673
87,154
82,145
55,418
46,913
532,672
716,831
27,539
31,544
19,062
21,377
19,055
10,844
167"
65"
240,572
84,021
17
42,775
332,501
55,212
1
80,456
32
2,771
281
55
43,357
611,627
6,750
28,452
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
Acceptances executed for customers
Interest, taxes, and other expenses accrued
and unpaid
__.
Dividends declared but not yet payable
and amounts set aside for undeclared
dividends and for accrued interest on
capital notes and debentures
_.
Other liabilities
_
Capital stock
Surplus...
Undivided profits—net
Reserves for contingencies.
Total.
1
8
88
5,348
40,675
1,235
82,767
818
S67,721
13, 445
29,343
34
13
76
310
3,786
6,842
5,178
1,251
3 107
5,529
4,024
851
3,218
4,863
3,325
857
2 989
6,752
55,607
49, 636
2,479
»7,379
270
11,555
69,063
49,294
986
38,771
82,145
55,418
46,913
532,672
716,831
Licensed banks; i. e., those operating on an unrestricted basis.
Includes reserves for dividends.
On June 29, 1935, there were 144 private banks not under State
supervision and which under the provisions of section 21 (a) of the
Banking Act of 1933 were required to make to the Comptroller of
the Currency and publish reports of condition as of that date.
Ninety-five of these banks elected, under the act referred to, to
be examined by the Federal Eeserve bank, 45 had elected to be
examined by the Comptroller of the Currency, and correspondence
was pending with the remaining 4 with a view to obtaining from such
banks information as to which agency they would elect to examine
them. The banks were located in 10 States as follows: Alabama 2,
Arkansas 14, Georgia 51, Illinois 1, Iowa 13, Massachusetts 1,
Michigan 27, New York 2, Pennsylvania 4, and Texas 29.
Statements of their assets and liabilities as of June 29, 1935, are
included in the foregoing tabulation with respect to all private banks
in the country as of that date, and summaries of their returns classiby States are published in the appendix of this report.
Digitized forfied
FRASER
135
REPORT OF THE COMPTROLLER OF THE CYURRENC
Under section 303 of the Banking Act of 1935, approved August
23, 1935, section 21 (a) of the Banking Act of 1933 was amended
as follows:
It shall be unlawful—
(2) For any person, firm, corporation, association, business trust, or other
similar organization to engage, to any extent whatever with others than his or
its officers, agents or employees, 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 (A) shall be incorporated under, and authorized to engage in such business
by, the laws of the United States or of any State, Territory, or District, or (B)
shall be permitted by any State, Territory, or District to engage in such business
and shall be subjected by the law of such State, Territory, or District to examination and regulation, or (C) shall submit to periodic examination by the banking
authority of the State, Territory, or District where such business is carried on
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 under the same conditions
as required by the law of such State, Territory, or District in the case of incorporated banking institutions engaged in such business in the same locality.
It will be noted from the foregoing that private banks are no longer
required to submit to periodic examination by the Comptroller of
the Currency or by the Federal Reserve bank, nor are they required
to make to the Comptroller and publish periodic reports of condition
as is required of national banks. Therefore, the last condition report
rendered to the Comptroller for private banks was as of June 29,
1935. The first of the five calls submitted under section 21 (a) of the
Banking Act of 1933 was dated June 30, 1934.
BANKS IN THE DISTRICT OF COLUMBIA
The statement following shows the amount of assets and liabilities
of banks in the District of Columbia, by classes, on June 29, 1935:
Statement of assets and liabilities of banks in the District of Columbia, by classest
June 29, 1935
[In thousands of dollars]
Total all National
banks
banks
Number of banks
Trust
companies
Savings
and State
banks
22
9
1,670
4
610
94
26,237
52
13,925
42
9,910
2,402
127
23,979
30,429
82, 540
25
44
2,644
21,367
38,642
16
71
17,658
4,586
32,267
7
12
3,677
4,476
11,631
2
2,388
39,992
2,336
20,533
65,249
1,702
29,560
2,336
13,936
47,534
465
9,955
221
477
6,376
16,796
221
919
5
8
ASSETS
Loans and discounts:
Commercial paper bought in open market
Loans to banks and trust companies
Loans on securities, exclusive of loans to banks:
To brokers and dealers in securities in New York City.
To brokers and dealers in securities outside New York
City
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
U. 8. Government obligations, direct and/or fully guaranteed:
Direct obligations of the U. S. Government:
Liberty Loan bonds
_ _
Treasury bonds
Other United States bonds
Treasury notes
_
_
Subtotal
1,060
4
136
REPORT OF THE COMPTROLLER OF THE CURRENCY
Statement of assets and liabilities of banks in the District of Columbia, by classes,.
June 29, 1935—Continued
[In thousands of dollars]
Total all National
banks
banks
Trust
companies
Savings
and State
banks
ASSETS—continued
U. S. Government obligations, direct and/or fully guaranteed—
Continued.
Obligations guaranteed by the U. S. Government as to
interest and principal:
Federal Farm Mortgage Corporation
Home Owners' Loan Corporation
2,418
22,440
1,390
11,275
1,008
9,524
20
1,641
Subtotal
24,858
12,665
10,532
1,661
Total U. S. Government obligations, direct and/or
fully guaranteed
90,107
60,199
27,328
2,580
Other bonds, stocks, and securities:
Obligations of—
Federal land banks
Federal intermediate credit banks
Joint-stock land banks
States, counties, districts, political subdivisions, and
4,683
1,981
14
2,417
1,956
1,993
273
25
13
2,297
136
1,254
36
927
100
116
4,700
5,858
229
2,910
746
1,923
2,470
1,237
458
2,185
2,703
85
1,157
288
592
685
144
516
3
402
m 11 r\ i o.\ pal i fi AS
Territorial and insular possessions of the United States.
Bonds, notes, and debentures (not including stock) of other
domestic corporations:
Railroads
- _
. . .
Public utilities
Real estate corporations
Other domestic corporations
_ - - _Stock of Federal Reserve bank
Stock of other domestic corporations:
Real estate corporations
- Banks and banking corporations
Other domestic corporations
Foreign securities:
Obligations of foreign central governments
Obligations of foreign provincial, State, and municipal
go vernments
Other foreign securities...
Total other bonds, stocks, and securities
Customers' liability on account of acceptances
Banking house, furniture and fixtures
. .
Real estate owned other than banking house
Reserve with reserve banks
_
_-
i
2,038
34
687
196
6
56
2,038
25
229
81
88
27
217
329
104
149
89
133
27,055
12,147
12,041
24
47
2,867
44
44
15, 627
6,032
39,972
6,278
1,105
23,038
8,100
4,670
14,344
1 249
257
2,590
1
1
=
Cash in vault:
United States gold coin - - - - All other
.__ .
-
..-„-
Total
Due from banks:
Items with reserve banks in process of collection
Due from member banks in the United States
Due from nonmember banks 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
..
Balances not subject to immediate withdrawal, on deposit
with banks and trust companies in the United States
Balances on deposit with banks and bankers in foreign
countries..
._
__.
Total
Outside checks and other cash items._Redemption fund and due from United States Treasurer
Other assets
Total assets
9,594
5,713
2,946
935
9,595
5,714
2,946
935
3,352
28,350
266
2,271
19,201
201
960
8,212
45
121
937
20
4,495
3,302
927
266
6
6
150
10
40
63
3
58
2
36,682
24,988
10,248
1,446
670
70
1,322
414
50
490
193
20
779
63
309,741
173,125
112,943
23,673
100
63
REPORT OF THE COMPTROLLER OF THE CURRENCY
137
Statement of assets and liabilities of banks in the District of Columbia, by classes,
June 29, 1935—Continued
[In thousands of dollars]
Total all National
banks
banks
Trust
companies
Savings
and State
banks
LIABILITIES
Demand deposits:
Deposits subject to check (except those of other banks, the
U. S. Government, and States, counties, school districts,
or other subdivisions or municipalities)
Certificates of deposit other than for money borrowed
Other demand deposits
Public funds of States, counties, school "districts, or other
subdivisions or municipalities
Total...
_
Time deposits, including Postal Savings:
Deposits evidenced by savings passbooks
Certificates of deposit other than for money "borrowed
C hristmas savings and similar accounts
.
Open accounts
Public funds of States, counties, school districts, or other
subdivisions or municipalities
Postal Savings deposits _
Deposits of other banks and trust companies in the United
States
Total
U. S. 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
Total
Total deposits
Secured by pledge of loans and/or investments
Not secured by pledge of loans and/or investmentsCirculating notes outstanding
Bills payable
._ . _
Rediscounts
Acceptances executed by other banks for account of reporting
banks
_
_.
Interest, taxes, and other expenses accrued and unpaid
Dividends declared but not yet payable and amounts set aside
for dividends not declared
Other liabilities
Capital notes and debentures
Capital stock
.
Surplus
Undivided profits, net
Reserves for contingencies . _
.
._
Preferred stock retirement fund
_
Total liabilitiesMemoranda:.
Par value of capital stock:
Preferred
Common
Total....
Loans and investments pledged to secure liabilities:
U. S. Government obligations, direct and/or fully
guaranteed
.
__
Other bonds, stocks, and securities
Loans and discounts (excluding rediscounts)
Total
130,434
580
5,987
76,764
267
4,143
45,280
289
1,748
8,390
24
96
31
31
137,032
81,205
47,317
8,510
92, 772
2,438
2,657
4,528
43,481
1,027
1,020
2,384
38,884
1,408
838
1,680
10,407
3
799
464
15
942
15
904
124
124
103,476
48,955
903
882
1,689
20, 372
252
1,597
19,351
198
92
931
54
90
2,765
1,930
625
210
74
54
20
38
42,810
11,711
21
25,152
23,130
1,722
300
266, 563
154,172
91,849
20, 542
8,290
258,273
7,557
146,615
567
91,282
166
20,376
962
75
55
962
44
723
44
315
156
96
1,850
19,885
13,090
4,917
1,245
80
56
47
9,300
4,750
2,886
518
75
309,741
173,125
1,650
18,235
75
55
316
93
15
1,000
9,400
7,700
1,844
671
92
34
850
1,185
640
187
56
5
112,943
23,673
1,650
7,650
9,400
1,185
19,885
9,300
9,400
1,185
15, 640
1,319
12,062
1,117
3,350
185
228
17
16,959
13,179
3,535
245
138
KEPORT OF THE COMPTROLLER OF THE CURRENCY
Statement of assets and liabilities of banks in the District of Columbia, by classes,
June 29, 1935—Continued
[In thousands of dollars]
Total all National
banks
banks
Trust
com-
and State
banks
LIABILITIES—continued
Memoranda—Continued.
Loans and investments pledged to secure liabilities—Con.
Pledged—
Against circulating notes outstanding
Against U. S. Government and Postal Savings deposits
_
Against public funds of States, counties, school
districts, or other subdivisions or municipalities..
Against deposits of trust department
Against other deposits
With State authorities to qualify for the exercise
of fiduciary powers
For other purposes
Total
1,005
1,005
2,163
2,077
50
1,739
7,022
50
1,140
6,731
599
177
114
4,921
59
16,959
2,167
9
13,179
2,754
5
3,535
45
245
86
The assets and liabilities of banks in the District of Columbia June
30, 1931 to 1935, are shown in the following statements:
Assets and liabilities of national banks in the District of Columbia June 30, 1931-35
[In thousands of dollars]
1931—12
banks
Loans and discounts, including rediscounts
Overdrafts.
Investments
—
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- borrowed..
Securities
Other assets
Total
LIABILITIES
Demand deposits
Time deposits, including postal savings.
United States 2deposits.
Due to banks
Total deposits
National-bank notes outstanding
Agreements to repurchase U. S. 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.
Dividends declared but not yet payable and
amounts set aside for dividends not declared
Other liabilities
Capital stock
Surplus
Undivided profits, net
Reserves for contingencies
Preferred stock retirement fund
Total.
81,232
20
51,324
15
11,147
2,268
9,907
4,854
25,194
528
1932—12
banks
1933—8
banks1
1934—9
banks *
71, 202
23
41, 375
14
57,481
11
6,283
1,002
11,038
5,867
18, 240
355
42, 750
18
62,840
7
6,294
1,082
20, 274
5,049
19,839
232
60,460
39
11,309
2,950
9,796
4,217
• 16,371
542
188, 790
221
570
1,398
179, 098
75,479
62,141
1,713
18,019
157,852
4,188
66,621
64,047
1,501
14,601
146,770
4,389
1,659
200
38
3,361
15
680
570
478
515
211
680
1,360
()
1935—9
38,642
16
72,346
44
6,278
1,105
23,038
5,714
24,988
414
221
133
50
152
398
14*, 039
158,916
•""490
173,125
42,110
2,329
14, 418
121, 765
4,413
71,973
45,918
3,223
17,319
138,438
?,852
81,205
48,955
882
23,130
164,172
962
87
44
()
50
11,175
8,725
3,296
4
972
92
11,175
8,725
2,604
4
820
188,790
179,098
262
(
291
()
\ 9
6,950
5,100
2,549
4
803
36
9,450
4,850
2,352
<645
142,039
158,916
315
56
47
9,300
4,750
2,886
518
.75
173,125
i Licensed banks: i. e., those operating on an unrestricted basis.
3 Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.
* Dividends declared but not yet payable in 1931 and 1932 were included with "Reserves for contingencies" and in 1933 and 1934 with "Other liabilities." Amounts set aside for dividends not declared
were
not segregated from reserves for contingencies prior to 1935.
« Includes reserves for dividends.
REPOET OP THE COMPTROLLER OF THE CURRENCY
139
Assets and liabilities of loan and trust companies in the District of Columbia June
80, 1931-35
[In thousands of dollars]
1931—5
banks
Loans and discounts, including rediscounts
Overdrafts
,
Investments
Banking house, furniture and fixtures
Real estate owned other than banking house
Reserve with Federal Reserve and other reserve
banks
Cash in vault
Due from banks
_
_
Redemption fund and due from United States Treasurer.
Outside checks and other cash itemsOther assets
„
1932—5
banks
1934-5
banks
1935—5
banks
37,630
12
29,495
8,295
35,762
13
36,117
8,206
3,994
32,267
7
5,932
3,539
9,225
6,836
2,221
8,527
14,344
2,946
10,248
180
500
243
759
20
193
779
98,500
102, 678
112,943
38,551
31,655
2
2,277
41,631
32,232
41,205
36,830
47,317
42,810
2,708
2,387
1,722
72,485
76,671
80,422
91,849
46,532
19
31,003
6,991
1,300
41,318
8
31,177
8,193
2,975
2,379
12,251
3,671
7,518
370
1,326
102,171
312
726
95,898
Demand deposits
,
Time deposits, including postal savings..
United States adeposits
Due to b a n k s
44,674
29,637
210
3,120
Total deposits
Agreements to repurchase U. S. Government or
other securities sold
,
-.
Bills payable and rediscounts
Interest, taxes, and other expenses accrued and unpaid...
Dividends declared but not yet payable and
amounts set aside for dividends not declared—
Other liabilities
Capital notes and debentures
Capital stock
Surplus
Undivided profits, net
Reserves for contingencies
77,6*1
Total.
1933—5
banks1
8,100
4,670
LIABILITIES
Total.
1,091
306
291
3
893
<*>
871
9,400
9,750
2,768
4
337
9,400
9,750
2,687
<399
9,400
7,700
2,033
< 1,688
102,171
95,898
98,500
)
802
21
134
55
325
316
()
844
1,000
9,400
7,700
1,901
<931
102, 678
93
15
1,000
9,400
7,700
1,844
671
112,943
i Licensed banks: i. e., those operating on an unrestricted basis.
* Includes certified and treasurers' checks and cash letters of credit and travelers' checks outstanding.
•Dividends declared but not yet payable in 1931 and 1932 were included with "Reserves for contingencies" and in 1933 and 1934 with "Other liabilities." Amounts set aside for dividends not declared
were not segregated from reserves for contingencies prior to 1935.
* Includes reserves for dividends.
140
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of savings and State banks in the District of Columbia June 30,
1981-85
[In thousands of dollars]
1934—
19311932—
1933—
22 banks 22 banks 7 banks» 7 banks»
1935—
8 banks
ASSETS
27,985
9
8,980
2,802
1,004
10,025
1
3,024
1,243
230
1,199
4,948
61
30
119
1,020
3,182
22
572
2,017
18
136
25
53
53
49,219
45,140
17,155
20,391
23,673
Demand deposits
Time deposits, including postal savingsUnited States 3deposits
Due to b a n k s
,
15,771
27,123
20
13,308
25,032
5
380
5,048
9,395
31
73
6,701
10,346
48
183
8,510
11,711
21
300
Total deposits..Bills payable and rediscounts
_
Securities borrowed
Interest, taxes, and other expenses accrued and unpaid
Dividends declared but not yet payable and
amounts set aside for dividends not declared
Other liabilities
Capital notes and debentures
Capital stock
Surplus
Undivided profits, net
Reserves for contingencies
Preferred stock retirement fund
48,804
60
30
88,725
14,547
230
17,878
100
20,542
75
193
121
94
92
7
34
850
1,185
640
187
56
5
23,673
Loans and discounts, including rediscounts
Overdrafts
_
Investments
Banking house, furniture and
fixtures
Real estate owned other than banking house
Reserve with reserve banks
Cash in vault
Due from banks
_
Outside checks and other cash items
Securities borrowed
Other assets
_
30,436
...
...
...
Total.
2,693
10,145
2
4,418
1,219
238
2 2,232
558
1,483
43
11,631
2
5,447
1,249
257
2,590
935
1,446
LIABILITIES
Total.
161
48
0
()
64
2,753
1,827
840
« 196
2,753
1,743
679
«150
1,000
965
203
8 87
6
850
1,135
625
159
«144
49,219
45,140
17,155
20,391
i Licensed banks: i. e., those operating on an unrestricted basis.
a Required under act approved Mar. 4, 1933.
• Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.
*Dividends declared but not yet payable in 1931 and 1932 were included with "Reserves for contingencies" and in 1933 and 1934 with "Other liabilities." Amounts set aside for dividends not declared were
not segregated from reserves for contingencies prior to 1935.
8 Includes reserves for dividends.
NOTE.—Does not include the 2 export-import banks.
Earnings and dividends of banks 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, 1935 and 1934:
REPORT OP THE COMPTROLLER OP THE CURRENCY
141
Earnings and dividends of trust companies and savings banks in the
District of
Columbia for the years ended June 80, 1935 and 1984 1
(In thousands of dollars]
6 months ended
6 months ended
June 30,1935
Year
ended
June 30,
5 trust 8 sav- 13 total 5 trust 8 sav- 13 total 1935,
13
com- ings
com- ings
panies banks banks panies banks banks banks
D e c . 31,1934
Capital:
Capital notes and debentures
Common stock (par value)--
.
Total
Surplus
1,000
9,400
850 1,850
1,185 10,585
1,850
10,585
10,535
2,035 12,435 10,400
640 8,340 7,700
2,035 12,435
640 8,340
12,435
8,340
12,385
8,325
18,100
2,675 20, 775 18,100
2,675 20,775
20,775
20,710
20,154
2,897 23,051 20,615
2,923 23,538 ^23,538
23,845
1,000
9,400
10,400
7,700
Total capital and surplus
Capital funds«._
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.
Net earnings
-
Recoveries, profits on securities, etc.:
On loans
On bonds, stocks, and other securities .
All other.
...
850 1,850
1,185 10,585
Year
ended
June 30,
1934,
12
banks
1,850
890
337
1,227
852
324
1,176
2,403
2,439
696
89
1
785
1
661
89
750
1,535
1
1,315
4
71
24
95
64
29
93
188
159
5
5
301
42
330
41
38
301
83
368
3
296
51
402
54
40
3
296
105
442
8
597
188
810
13
504
98
637
2,335
530
2,865
2,329
536
2,865
5,730
5,169
644
166
810
646
170
816
1,626
427
115
542
455
114
569
1,111
1,500
45
3
1,214
173
399
3
33
119
3
206
518
183
400
2
31
137
2
214
537
5
420
1,055
15
455
915
1,643
436
2,079
1,684
454
2,138
4,217
4,147
692
94
786
645
82
727
1,513
1,022
58
50
7
44
27
65
94
34
25
337
11
7
94
2
32
431
13
97
525
47
72
436
52
7
Total
115
78
193
373
103
476
669
560
Total net earnings, recoveries, etc...
807
172
979
1,018
185
1,203
2,182
1,582
940
158
132
21
1,072
179
194
20
64
36
258
56
1,330
235
1,402
649
71
179
16
20
87
199
69
28
16
8
85
36
172
235
173
233
1,348
189
1,537
311
124
435
1,972
2,457
3 541
3 17
3 558
707
61
768
210
3 875
11
226
16
23
27
249
20
226
20
17
40
243
67
492
4
497
237
39
276
246
37
283
559
501
Losses and depreciation:
On loans
On bonds, stocks, and other securities.
On banking house, furniture and fixtures
Other losses and depreciation
Total
Net addition to profits
Interest and dividends:
On capital notes and debentures
On common stock
Total
_
1
8
Excludes the 2 export-import banks.
Represents aggregate book value of capital stock, capital notes and debentures, surplus, undivided
profits, reserves for contingencies, and retirement fund for capital notes and debentures.
»Deficit.
142
REPORT OF THE COMPTROLLER OF THE CURRENCY
Earnings and dividends of trust companies and savings banks in the District of
Columbia for the years ended June 80, 1935 and 1984—Continued
[In thousands of dollars]
6 months ended
Dec. 31,1934
6 months ended
June 30,1935
Year
Year
ended ended
June 30, June 30,
1934,
5 trust 8 sav- 13 total 5 trust 8 sav- 13 total 1935,
13
12
comings banks com- ings banks banks
banks
panies banks
panies banks
Ratios:
Dividends on common stock to common capital..
percentDividends on common stock to common capital and surplus...percentInterest on capital notes and debentures to capital notes and debentures
outstanding
percentInterest and dividends on capital notes
and debentures and common stock
to capital notes and debentures and
common capital
percentInterest and dividends on capital notes
and debentures and common stock
to capital funds
.percent—
Interest and dividends on capital notes
and debentures and common stock
to capital notes and debentures,
common capital and surplus
percent—
Net addition to profits to common
capital
percentNet addition to profits to common capital and surplus...
percent..
Net addition to profits to capital
notes and debentures and common
capital
.percent.Net addition to profits to capital notes
and debentures, common capital
and surplus
percentNet addition to profits to capital
funds
percent—
2.40
1.94
2.35
2.40
1.43
2.30
4.65
4.72
1.32
1.26
1.32
1.32
.93
1.28
2.60
2.64
1.10
1.88
1.46
2.00
2.35
2.16
3.62
.22
2.28
1.92
2.22
2.37
1.82
2.28
4.50
4.05
1.18
1.35
1.20
1.19
1.27
1.20
2.37
2.10
1.31
1.46
1.33
1.36
1.38
1.36
2.69
2.42
»5.76 U.43
»5.27
7.52
5.15
7.26
1.98
•8.31
3 3.16
t.93
>2.95
4.13
3.34
4.06
1.11
•4.64
»5.20
*.84 »4.49
6.80
3.00
6.18
1.69
»7.06
•2.99
«.64
•2.69
3.91
2.28
3.70
1.01
'4.23
»2.68
>.59
'2.42
3.43
2.09
3.26
.89
«3.67
« Deficit.
NOTE.—The capital, capital notes and debentures, surplus, and capital funds used in this table are as
of end of period.
Building and loan associations in the District of Columbia
The assets 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, 1935, totaled $101,477,000 and exceeded by
$8,118,000 the assets of these associations on June 30 a year ago.
The loans, which aggregated $92,306,000, showed an increase in the
year of $7,360,000. Installment payments on shares increased also
from $83,871,000 to $90,710,000.
Twenty-three of the associations operated on the permanent plan,
four on the serial plan, and one on both the permanent and serial plans.
The total membership was 118,117, as compared to 103,550 members a
year ago, and of the total in the current year the numbers borrowing
and nonborrowing were 27,639 and 90,478, 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 1914-35.
(Summaries of the assets and liabilities of the individual associations
on or about June 30, 1935, together with consolidated statements of
assets and liabilities and receipts and disbursements for the 6-month
periods ended December 31, 1934, and June 30, 1935, are published in
appendix of this report.)
Digitized forthe
FRASER
REPORT OF THE COMPTROLLER OF THE CURRENCY
143
[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
1934
1935
Number
of associations
20
20
19
19
20
20
21
24
22
23
23
24
22
22
22
22
24
24
26
28
28
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
84,946,000
92,306,000
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
83,871,000
90,710,000
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
93,359,000
101,477,000
Credit Unions in the District of Columbia
Since the enactment of the District of Columbia Credit Unions Act
on June 23, 1932, the following credit unions have been recommended
for approval by this office and licensed by the District Commissioners:
Adjutant General's Office Employees Credit Union of the District
of Columbia, licensed March 25, 1933. License renewed June 12,
1934 and April 15,1935.
# Agricultural Employees Credit Union of the District of Columbia,
licensed May 2, 1934. License renewed April 27, 1935.
Armour Washington Credit Union of the District of Columbia,
licensed February 3, 1933. License renewed February 19, 1934, and
February 9, 1935.
Department of Commerce Credit Union of the District of Columbia,
licensed November 14, 1932. License renewed November 24, 1933,
and November 6,1934.
Educational Employees Credit Union of the District of Columbia,
licensed March 2, 1933. License renewed March 19, 1934, and February 20,1935.
F. C. A. Employees Credit Union of the District of Columbia,
licensed May 3, 1934. License renewed May 9, 1935.
F. E. U. Local 262 Credit Union of the District of Columbia, licensed
November 25, 1932. License renewed December 11, 1933, and
November 6,1934.
F. E. U. No. 105 Credit Union of the District of Columbia, licensed
November 29, 1932. License renewed December 11,1933, and January 4,1935.
F. E. U. No. 261 Credit Union of the District of Columbia, licensed
January 16,1933. License renewed January 15,1934, and January 23,
1935.
G. A. O. Employees' Credit Union of the District of Columbia,
licensed November 10, 1933. License renewed November 22,1934.
Hotel Greeters' Credit Union of the District of Columbia, licensed
August 30, 1935.
144
REPORT OF THE COMPTROLLER OF THE CURRENCY
In-Com-Co. Credit Union of the District of Columbia, licensed
January 16, 1933. License renewed December 29, 1933, and February 25,1935.
Navy Department Branch of F. E. U. No. 2 Credit Union of the
District of Columbia, licensed January 19, 1933. License renewed
January 20, 1934, and January 17, 1935.
Navy Yard Credit Union of the District of Columbia, licensed March
27, 1933. License renewed April 4, 1934, and April 17, 1935.
Police Credit Union of the District of Columbia, licensed August
30, 1935.
Post Office Department Employees Credit Union of the District of
Columbia, licensed April 2, 1934. License renewed April 19, 1935.
Kailway Mail Service Credit Union of the District of Columbia,
licensed October 17,1932, as of July 5,1932. License renewed November 13,1933, June 28,1934, and June 27,1935.
St. Anthony's Parish Credit Union of the District of Columbia,
licensed November 16, 1932. License renewed December 19, 1933,
and November 22,1934.
Standards Credit Union of the District of Columbia, licensed November 14, 1933. License renewed November 22, 1934, and October 29,
1935.
Swift Employees Credit Union of the District of Columbia, licensed
July 27, 1933. License renewed October 18, 1934, and October 30,
1935.
Uniformed Fireman's Credit Union of the District of Columbia,
licensed December 18, 1933. License renewed November 27, 1934.
United States Department of Labor Employees Credit Union of the
District of Columbia, title changed to " Credit Union of the Employees
of the,Department of Labor in the District of Columbia", licensed
May 3,1935.
Veterans' Administration Employees Credit Union of the District
of Columbia, licensed October 27, 1932. License renewed November
13, 1933, November 13,1934, and October 28,1935.
Washington Postal Employees Credit Union of the District of
Columbia, licensed February 7, 1933. License renewed April 23,
1934, and March 7, 1935.
Western Union Employees Credit Union of the District of Columbia, licensed January 7, 1933. License renewed January 15,1934, and
February 21,1935.
Summaries of the assets and liabilities of the individual credit unions
as of June 30, 1935, together with a consolidated statement of assets
and liabilities and receipts and disbursements for the 6-month periods
ended December 31, 1934, and June 30, 1935, are published in the
appendix of this report.
Export-Import banks in the District of Columbia
Pursuant to Executive orders dated February 2, 1934, and March
9, 1934, two export-import banks were established in the District of
Columbia to commence business in 1934. These banks were incorporated under the provisions of title 5, chapter 9, section 261 of the
Code of Laws of the District of Columbia.
Statements of condition of each of the subject banks as of November 1, 1935, together with summaries as of June 30, 1934, and June 29,
follow:
Digitized for1935,
FRASER
REPORT OF THE COMPTROLLER OF THE CURRENCY
145
Assets and liabilities of export-import banks in District of Columbia Nov. 1, 1935
Export-Import Second Export
Bank
Import Bank
ASSETS
Loans and discounts
Customers' liability on account of acceptances
Furniture and fixtures .
.Balances with other banks
Other assets
.
.
__
-
Total
$5,211,266.80
22,205.68
2, 704.80
6,113,416.16
22,069.01
$100,525.72
11,371,662.45
252, 537.06
3.18
148,559.17
3,448.99
LIABILITIES
Acceptances executed by other banks for account of reporting b a n k . .
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
.
Capital (par value):
Preferred
Common
._ ._
._ _
Undivided profits
Total
22,205.68
5,817.46
403,489.18
10,000,000.00
1,000,000.00
159,849.87
250,000.00
2,537.06
11,371,662.45
252,537.06
i Debit balance.
Assets and liabilities of the export-import banks in the District of Columbia as of
June SO, 1934 and June 29, 1985
[In thousands of dollars]
June 30,1934 June 29,1935
2
2
2,913
2
11,094
15
122
3
13,710
9
14,024
13,844
100
7
117
1
Undivided profits
12,500
1,250
50
12,500
1,250
93
Total
14,024
13,844
Number of banks
_..
ASSETS
Loans and discounts
Furniture and fixtures
Balances with other banks
Other assets
Total
LIABILITIES
Bills payable..
__
Interest, taxes, and other exisenses accrued and unpaid _
Other liabilities
Capital (par value):
Preferred
OnmmoTi
146
REPORT OF THE COMPTROLLER OF THE CURRENCY
BUILDING AND LOAN ASSOCIATIONS IN THE UNITED STATES
Statistics relative to the 10,353 State-chartered building and loan
associations and the 567 Federal savings 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 1934* by States
States
1.
2.
3.
4.
5.
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.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
New Jersey
Pennsylvania
Ohio..._
Massachusetts
Illinois.
New York
California
Indiana
Wisconsin....
Maryland 2
Missouri
Michigan
Louisiana
Kentucky
Nebraska
District of Columbia.
Kansas
Texas
Oklahoma
_
North Carolina
Washington
Virginia.
Colorado
Iowa
Minnesota
Utah
Rhode Island
West Virginia
Connecticut
_
Maine.
Alabama
Oregon
Tennessee
South Carolina
Arkansas
Delaware
,
New Hampshire
Montana
Florida
North Dakota
Georgia
Mississippi
Wyoming
Idaho
Vermont
South Dakota
New Mexico
Nevada
Arizona
Number
of associations
Total
membership
Total assets
Decrease in
assets
$15,988, 736
1,522
793,091 $1,034,011,264
2,894
776,862
863,354, 715
94,436, 573
731 1,776,211
798,015, 503
97,013, 271
223
409,960
478,435,840
24,438,029
900
781,005
398,417, 794
i 3, 769, 794
292
454,126
364,431,206
30,212, 259
133
318.966
297, 556,368
62, 338, 528
396
293, 614
217,056,989
29, 276. 790
204
213,878
212,419,101
32,872,005
951
263,481
171,816, 665
13,183,335
242
181, 672
154,933,699
14,322, 062
76
177, 281
133,303, 406
9,389, 622
107
144,875
126, 778, 517
16,878, 254
182
178,834
122, 755, 908 i 11,818, 443
88
160,874
101, 783,987
10,092, 665
• 28
109,844
97,088,000
1 6, 555,000
157
132, 624
91,814,516
15,146,169
184
128,574
86,443, 026
13,950, 562
101
79,187
71,997,862
27, 240, 579
201
73,370
61,054, 788
7, 385,149
73
172,368
57, 687,587
3,822, 571
91
51, 603
46,665,008
6,987,969
65
49, 220
40,391,757
i 5, 051, 286
90
59, 499
40, 068.180
1, 721,197
82
71,514
35,475,361
3,562,884
21
50, 435
32, 797, 014 1 9, 767,345
8
44,016
32,449,964
1, 241,268
69
50,252
32,291, 383
1,321,558
49
30, 323
24, 561,317
1,046, 361
36
24,248
23,473,035
494,393
46
29,354
20,512,692
3,330,841
41
39,575
19,264,395
1 1,035,831
59
28,020
18,840,397
152,650
91
16,851
16,482,807
3,517,193
67
18,356
16,093,112
9, 701,186
43
17,950
14,175,933
1,081,436
30
16, 218
14,075, 204
i 313,474
27
24,900
12,578,957
2,447,497
93
12,429
11,125,458
2,003,769
25
17,704
10,053,255
2,001,386
54
18,864
8,017,119
l 1,125,571
48
6,862
6,912,035
4,031,565
8
12,327
6,613,695
1,275,494
14
11,185
5,779,892
492,421
14
5,458
5,160,637
258,039
22
7,729
4, 716,626
1,128,284
24
4,127
3,994,060
322,502
5
1,300
1,010,682
235,663
2
1,550
533,119
66,881
Decrease in
membership
176,909
107,203
191,918
26,960
1,295
27,802
31,034
48.086
24,300
19. 519
26,278
7,986
21,366
i 8, 534
15.626
1 13,059
22, 528
9,126
60,152
812
27, 632
7,497
780
573
24,665
» 16,435
3,882
152
1,211
1,682
4,126
1 8,175
12,380
1.149
11,857
1,480
166
900
12,059
4,547
1421
1588
2,523
11,635
142
1,921
373
981
50
60. Hawaii
10,909
11
8,342,566
27,580
6,445,269,835
5,154,557
526,972.852
134,432
853,527
432
Total
10,920
8,370,146
6,450,424,392
527,107,284
853,959
i Increase,
s Estimated.
147
REPORT OF THE COMPTROLLER OF THE CURRENCY
Number, membership, total assets, and mortgage loans of building and loan associations in the continental United States on or about Dec. 31, 1914 to 1934 1
[Amounts in thousands of dollars]
Number of
associations
Year
1914
1915
1916
1917 . . . . . .
1918
1919 _
1920
1921
1922
1923
1924
1925
1926
. _
1927
1928
1929
1930
1931
1932
1933
1934
6,616
6,806
7,072
7,269
7,484
7,788
8,633
9,255
10,009
10, 744
11,844
12,403
12, 626
12,804
12, 666
12,342
11, 777
11,442
10,997
10, 727
10,920
Number of
members
3,103,935
3,334,899
3,568,432
3,838,612
4,011,401
4,289,326
5,026, 781
5,809,888
6,364,144
7,202,880
8,554,352
9,886, 997
10,665, 705
11,308,061
11, 995,905
12,111,209
12,350,928
11,338, 701
10,114,792
9,224,105
8,370,146
Total assets
Mortgage
loans outstanding
1,357,708
1,484,206
1,598,628
1,769,142
1,898,344
2,126,620
2, 519.915
2,890,765
3,342, 531
3,942,940
4, 765,937
5,509,176
6,334,104
7,178, 562
8,016,034
8, 695,154
8,828,612
8,417,376
7,750,491
6,977,532
6,450,424
(
(2)
(2)
(2)
(2)
(2)
(2)
(2)
(2)
5,085,010
5,852,690
6,584,818
7,267,005
7,790,835
7,764,035
7,209,647
6,394,725
5,518,700
4,487,535
1
Includes the Territory of Hawaii beginning with the year 1930.
* Not available.
Mortgage loan investments of building and loan associations, by States
Total mortgage loans
outstanding
1933
Alabama
Arizona. _
Arkansas
California
Colorado
C onnecticut
Delaware
District of ColumbiaFlorida
Georgia
Idaho
Illinois
_
Indiana. _
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland J
Massachusetts
Michigan
Minnesota
Mississippi
Missouri-.
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
_
Oregon
Pennsylvania
Ehode Island
South Carolina—
> Estimated.
iIncrease.
$14,963,727
420,000
17,495,436
232, 428,452
24,906, 062
22,642,147
12,564,895
83,311,000
6,006,642
5, 728,427
4,142,535
310,074,000
196, 713,421
34,334,500
76,178,598
100,352,563
102,856,245
21,063,337
146,000,000
406,400,260
101,623,146
30,827,410
8,351,246
130,264,177
12,346,115
84,454,842
872,912
12,806,264
3 798,960,365
3,426,739
332,962,466
56,285,134
9,375,139
749,559,478
73,493,316
13,968,996
714,707,770
28,015,813
15,950,000
1
1934
$9,056,456
257,145
9,496,947
169,477, 761
23,970,875
21,103, 724
11,232,911
87,172,000
4,601,940
6,466,787
3, 734,885
285,091,206
148,907,401
29,720,132
51,458,027
101,794,907
76,129,030
20,246,965
128,920,830
375,726,775
80,705,478
23,997,915
4,657,997
93,823,443
8,960, 062
71,942,147
568,329
12,767,335
667,813,611
2,831,849
276,703,549
47,571,607
6,508,081
605,532,293
38,845,792
13,644,316
610,718,558
24,086,623
12,238,718
Percent
Decrease, 1934, mortgage
over year
loans to
1933
assets,
1934
$5,907,271
162,855
7,998,489
62,950,691
935,187
1,538,423
1,331,984
i 3,861,000
1,404,702
1 738,360
407,650
24,982,794
47,806,020
4,614,368
24,720,571
1,442,344
26,727,215
816,372
17,079,170
30,673,485
20,917,668
6,829,495
3,693,249
36,440,734
3,386,053
12,512,695
304,583
131,146,764
594,890
56,258,917
8,713,527
2,867,058
144,027,185
34,647,524
324,680
103,989,212
3,929,190
3,711,282
Actual amount instead of estimate as previously reported.
44.2
48.2
59.0
57.0
59.3
85.9
79.2
89.8
41.4
80.7
64.6
71.6
68.6
74.2
56.0
82.9
60.0
86.3
75.0
78.5
60.5
67.6
67.4
60.6
71.2
70.7
56.2
90.7
64.6
70.9
75.9
77.9
64.7
75.9
54.0
70.8
70.7
74.2
74.3
148
REPORT OF THE COMPTROLLER OF THE CURRENCY
Mortgage loan investments of building and loan associations, by States—Continued
Total mortgage loans
outstanding
States
1933
South Dakota.
Tennessee
Texas
Utah..
Vermont
Virginia
Washington...
West Virginia.
Wisconsin
Wyoming
Hawaii
Total—.
1934
Percent
Decrease, 1934, mortgage
over year
loans
to
1933
assets,
1934
$4,613,055
13,581,171
76,960,311
14,694,201
4,722,729
44, 018,097
42,792, 203
24, 304,732
186,076,388
4,849, 641
$3,162,446
11,985,407
53,783,398
15,393,714
4,489,109
35,358,094
33,528,037
21,854,352
130,643,459
4,983,686
$1,450,609
1,595,764
23,176,913
i 699,513
233,620
8,660,003
9,264,166
2,450,380
55,432,929
134,045
67.0
63.6
62.2
46.9
87.0
75.8
58.1
67.7
61.5
75.4
5, 413,446,103
4, 213,862
4,483,666,109
3,869,136
929,779,994
344,726
69.6
75.1
5,417, 659,965
4,487,535, 245
930,124,720
69.6
Failures of building and loan associations, 1920—34
Total
number of
associations
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932 .
1933
1934
.
8,633
9,255
10,009
10,744
11,844
12,403
12,626
12,804
12,666
12, 343
11,777
11,442
10,997
10,727
10,920
. . .
Total assets
$2,519,914,971
2,890,764,621
3,342,530,953
3,942,939,880
4,765,937,197
5, 509,176,154
6,334,103,807
7,178,562,451
8,016,034,327
8,695,154,220
8,828,611,925
8,417,375,605
7,750,491,084
6,977,531,676
6,450,424,392
Number
failed
2
6
4
9
18
26
12
21
23
159
190
126
122
88
»68
Total
liabilities
of failed
associations
Estimated
loss
$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
43,954,547
10,174,000
-
$80,437,508
61,908,529
52,818,387
215,516,812
34,728,000
Percent
of loss
to total
assets
0.00002
.0032
.0047
.0034
.0084
.0090
.0060
.0141
.0071
.0266
.2795
.2653
.2624
.6299
.1577
i Located as follows: Alabama, 1; Arizona, 4; Arkansas, 1; California, 1; Georgia, 1; Illinois, 11; Indiana, 1;
Massachusetts, 5; Michigan, 3; Minnesota, 1; Ohio, 13; Oklahoma, 6; Pennsylvania, 9; South Dakota, 2;
Tennessee, 5; Texas, 1; Utah, 2; and Wisconsin 1.
MONEY IN THE UNITED STATES
Statements showing the stock of money in the United States in
the years ended June 30, 1914 to 1935, and the imports and exports
of merchandise, gold and silver in the calendar years 1914 to 1934,
and the 9 months ended September 30, 1935, follow:
REPORT OP THE COMPTROLLER OF THE CURRENCY
149
Stocfc of money in the United States, in the Treasury, in reporting banks, in Federal
Reserve banks, and in general circulation, years ended June 30, 1914 to 1935
Coin and other Coin and other Held by or for
Coin and money in Treas- money in report- Federal Reserve
other
ing banks > banks and agents
ury as assets i
money
in the
Year ended
June 30—
States
Amount
Percent
3 797 8
4,050.8
4,541.7
5,678.8
6,906.2
7,688.4
8,158.5
8,174.5
8,276.1
8,702.8
8,846.5
8,299.4
8,429.0
8,667.3
8,118.1
8,538.8
8,306.6
9,079.6
9,004.4
10,078.4
13,634.4
15,114.0
338 4
348.2
299.1
269.7
363.5
585.1
490.7
463.6
406.1
386.5
359.4
363.9
353.2
350.9
351.3
373.1
247.2
254.9
278.2
314.5
2,955.9
2,865.9
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
21.68
18.96
1,630 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
689.6
760.0
Percent Amount
Millions
Millions
Millions Millions
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924 .
1925
1926
1927
1928
1929 _
1930
1931
1932 _._ _
1933
1934
1935
Percent Amount
Amount
42.92
35.74
32.41
26.19
12.78
12.76
12.84
11.33
9.84
8.93
10.18
11.30
11.67
11.36
10.67
9.36
10.28
9.53
8.60
6.45
5.06
5.03
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
5,305.0
6,680. 0
In general circulation, exclusive of amounts held
by reporting banks,
Federal Reserve banks
and Treasury
Percent
Per
capita
Millions
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
38.91
44.20
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
4,683.9
4,808.1
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
34.35
31.81
18.46
18.56
21.24
24.74
33.97
36.67
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
37.03
37.79
1
Public money in national-bank depositories to the credit of the Treasurer of the United States not
Included.
2 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;
125,753,206 in 1933; 126,485,606 in 1934; and 127,233,106 in 1935.
Irrvports and exports of merchandise, calendar years 1914 to 1934, inclusive, and
from Jan. 1 to Sept. 30, 1935
Imports of
merchandise
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934 _
$1,789, 276,001 $3,113,624,050
1, 778,596, 695
3, 554,670,847
2, 391,635, 335
5, 482, 641,1Q1
2, 952,465,955
6, 226, 255,654
3,031,304,721
6,149, 241, 951
3,904, 364,932
7,920, 425, 990
5, 278, 481, 490
8,228,016, 307
2,509,147,570
4, 485,031, 356
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, 226, 589, 263
4,909.847,511
4,430,888,000
4,808,660,000
4,184, 742,000
4,865, 375,000
4,091,444,000
5,128, 356,000
5, 240, 995,000
._ 4, 399, 361,000
3,060,908, 000
3,843,181,000
2,090, 635,000
2, 424, 289,000
1, 322, 774,000
1,611,016,000
1,449, 559,000
1. 674, 994,000
1,655,055,000
2,132,800,000
i 1, 502,942,000 » 1,567,924,000
_._
_
_
_
1935 (9 months)
_
_
Total, 21 years and 9 months.
1
Exports of
merchandise
Preliminary, subject to correction.
34335—36
11
_
66,564,945,337
95,957,599,161
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
225, 435, 000
477, 745,000
i 64,982,000
29,392,653,824
150
REPORT OF THE COMPTROLLER OF THE CURRENCY
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
1934
.
_
1935 (9 months)
Total, 21 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
193,197,000
1,186,671,000
1,024,566,000
$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
366,652,000
52,759,000
1,472,000
$165,228,415
8,698,066,990
4,734,440,950
1,602,777,235
Imports
Exports
Excess of
exports over
imports
$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
60, 225, 000
102,725,000
197,965,000
$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
19,041,000
16,551,000
17,260
$25, 643,873
19,114,930
38,331,748
30,790, 399
181,470,765
149,611,033
25,556,183
1,450,652,839
1,730, OH 948
634,338,229
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
173,455,000
1,133,912,000
1,023,094,000
5,566,403,275
SILVER
•
1914
1915
1916
1917
1918
1919
1920
1921
1922_
1923
1924
1925
1926
1927
1928
1929
1930
1931 .
1932
1933
1934
.
,
_
. . . .
.
.
. .
.
1935 (9 months)
Total, 21 years and 9 months
.
Excess of
imports over
exports
$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
41,184,000
86,174,000
197,947,740
354,936,120
GOVERNMENTAL CORPORATIONS AND CREDIT AGENCIES OF THE UNITED STATES
The statement following shows the assets and liabilities of governmental corporations and credit agencies of the
United States as of September 30, 1935:
Assets and liabilities of governmental credit agencies, Sept. SO, 1985
I
[Compiled by U. S. Treasury Department from reports received from organizations concerned. In millions of dollars]
Financed wholly from Government funds
Total
Total
ASSETS
Reconstruction
Finance
Corporation
Loans—total
Preferred stock, capital notes, and debentures
Cash—total
.__
Investments:
United States securities
Obligations guaranteed by United States
Other investments _
Accounts and other receivables
Real estate and other business properties
Other assets
8,280
878
376
2,295
878
78
452
218
866
186
163
173
25
20
122
53
153
22
33
1
3
Total assets other than interagency
11,591
3,646
2,356
* Includes interagency interests held by the Treasury Department.
i Less than $500,000.
1,443
874
2
Commodity
Credit
Corporation
Exportimport
banks
4
263
(2)
(22)
()
Public
Works
Administration
Regional
Agricultural
Credit
Corporations
216
3
267
8
(2)
10
12
226
(2)
(2)
3
65
U.S.
Shipping
Board
Merchant
Fleet
Corporation
99
59
7
5
Production
Credit
Corporations
(3)
(2)
(22)
()
17
2
20
98
121
Other»
211
3
49
23
20
6
43
1
186
4
6
108
7
413
o
o
6
Assetslandlliabilities of governmental credit agencies, Sept. 80, 19S5—Continued
to
[Compiled by U. S. Treasury Department from reports received from organizations concerned. In millions of dollars]
Financed wholly from Government funds
Total
Total
Reconstruction
Finance
Corporation
Regional
Agricultural
Credit
Corporations
U.S*
Shipping
Board
Merchant
Fleet
Corporation
Commodity
Credit
Corporation
Exportimport
banks
(2)
(*)
4
<*>
12
(*>
4
2
12
18
Public
Works
Administration
Production
Credit
Corporations
Other
LIABILITIES
Bonds, notes, and debentures:
Obligations guaranteed by United States
All other
Other liabilities (including reserves)
4,411
2,105
234
Total liabilities other than interagency
Excess of assets over liabilities, exclusive of interagency
transactions
_
Privately owned interests
U. S. Government interests
_
Distribution of Government interests:
Capital stock
Surplus
Interacencv interest (net)
•.-..
-
253
0)
253
(1)
52
17
6,750
305
270
4,840
357
3,341
2,086
267
11
226
61
121
173
395
4,483
3,341
2,086
267
11
226
61
121
173
395
6,826
356
-2,699
5,723
256
-2,638
500
109
1,477
3
3
261
•342
44
10
6
120
1
50
123
«4,652
9
-4,266
2
()
0)
11
-116
()
18
Financed partly from Government funds
Total«
Federal
land
banks
Federal
Farm
Mortgage
Corporation
Federal
intermediate
credit
banks
Banks
for
cooperatives
Home
Owners'
Loan
Corporation
Home
loan
banks
Federal
Savings
and
Loan
Insurance
Corporation
Federal
savings
and
loan
associations
Federal
Deposit
Insurance
Corporation
ASSETS
Loans—total
Cash—total
Investments:
United States securities
Obligations guaranteed by United States
Other invfistTnents
Accounts and other receivables...
Real estate and other business properties
Other assets
- _
Total assets other than interagency
765
5,985
298
2,156
41
165
18
426
198
744
133
10
151
42
2
35
38
7,945
2,386
262
4,158
2,105
182
1,920
64
161
6
31
6,446
1,984
167
1,399
1,499
357
402
148
95
203
1,142
254
95
1,103
101
-61
123
88
43
70
36
-11
6
6
98
80
729
26
2
43
13
90
23
43
15
1
6
13
8
1
(a)
(a)
2,765
126
(a)
12
320
101
56
4
2
3
1
(a)
103
46
3
46
338
118
2,953
(a)
5
«2,791
24
68
(2)
8
(a)
5
2,882
(3)
8
138
2
112
27
70
102
46
330
180
203
136
85
70
102
46
150
200
128
4
4
85
200
-30
—100
100
2
46
150
1,602
138
LIABILITIES
Bonds, notes, and debentures:
Obligations guaranteed by United States
All other
Other liabilities (including reserves)
Total liabilities other than interagency
Excess of assets over liabilities, exclusive of interagency
transactions
Privately owned interests
U. S. Government interests
Distribution of Government interests:
Capital stock
Surplus _ __ Interagency interest (net)._
,.
1,368
> Less than $500,000.
»Nonstock (or includes nonstock proprietary interests).
3
< Includes also War Finance Corporation not shown separately.
* Includes unissued bonds covering loans in process.
S3
154
REPORT OF THE COMPTROLLER OF THE CURRENCY
RECONSTRUCTION FINANCE CORPORATION
The following reports were issued by the Reconstruction Finance
Corporation as of the close of business September 30, 1935.
Statement of condition of the Corporation as of the close of business Sept. 80, 1935
ASSETS
Cash on deposit with Treasurer of United States, _
___
Funds held in suspense by custodian banks
Petty cash funds, travel and other advances
Allocated for expenses Regional 8Agricultural Credit Corporations prior to May 27, 1933
Allocated for expenses Regional Agricultural Credit Corporations since May 26, 1933 (under Farm Credit Administration) «
Allocated for Federal Emergency Relief Administration
(1933 relief act)
Allocated for Federal Emergency Relief Administration
(under Emergency Appropriation Act of 1935)l
Allocated
under Emergency Relief Appropriation Act of
19352
Allocated to Secretary of Treasury3
Allocated to Secretary of Treasury4 5
Allocated to Land Bank Commissioner - $300, 000, 000. 00
Less—Reallocated to Federal Farm
Mortgage Corporation
55, 000, 000. 00
Allocated to Federal Farm Mortgage Corporation
Allocated8 to Federal Housing Administrator
Allocated to Secretary of Agriculture7
200, 000, 000. 00
Less:
Reallocated as
Capital Regional Agricultural
Credit Corporations
$44, 500, 000. 00
Reallocated to
Governor of
Farm Credit
Administration _ _
40, 500, 000. 00
85, 000, 000. 00
Capital Regional Agricultural Credit Corporations
Allocated for revolving fund (capital Regional Agricultural Credit Corporations)
3, 108, 387. 60
12,640,000.00
500, 000, 000. 00
500, 000, 000. 00
500, 000, 000. 00
124, 741, 000. 00
200, 000, 000. 00
245, 000, 000. 00
55, 000, 000. 00
34, 000, 000. 00
115, 000, 000. 00
44, 485, 000. 00
15, 000. 00
Allocated to Governor, Farm Credit Administration
Relief authorizations (1932 act) advances to Governors of
States and Territories:
Proceeds disbursed
Proceeds not yet disbursed
Interest on notes issued for funds for allocations and relief
advances
Relief authorizations (1932 act) advances to municipalities
and political subdivisions including Puerto Rico:
Proceeds disbursed (less repayments)
Proceeds not yet disbursed
See footnotes at end of table.
$546, 460. 30
133, 050. 73
20, 296. 65
44, 500, 000. 00
40, 500, 000. 00
280, 025, 518. 00
1. 00
18, 628, 763. 35
17, 073, 480. 00
15, 000. 00
EEPOET OF THE COMPTROLLER OP THE CURRENCY
155
Statement of condition of the Corporation as of the close of business Sept. 80, 1985—
Continued
ASSETS—continued
Loans under sec. 5:
Proceeds disbursed (less repayments):
Banks and trust companies 10___ $427, 656, 679. 84
Credit unions
330, 325. 16
Building and loan associations108, 954, 440. 89
Insurance companies
17, 162, 987. 36
Federal land banks
56, 340, 386. 07
Joint-stock land banks
2, 381, 023. 90
Livestock credit corporations
1, 024, 064. 30
10
Mortgage loan companies
132, 346, 343. 51
Agricultural credit corporations.
866, 250. 00
Railroads (including receivers)— 412, 902, 782. 99
Processors or distributors for
payment of processing taxes. _
567. 68
State funds for insurance of
deposits of public moneys
1, 406, 973. 98
Borrowers engaged in the fishing
industry
92, 000. 00
$1, 061, 464, 825. 68
Proceeds not yet disbursed:
lo
Banks and trust companies ._. 115, 226, 567. 12
Credit unions
758. 42
Building and loan associations1(L
141, 067. 66
Insurance companies
40, 000. 00
Joint-stock land banks 10
550, 000. 00
Mortgage loan companies
99, 177, 996. 43
Railroads (including receivers)..
338, 600. 00
Borrowers engaged in the fishing
industry
.-_
590, 400. 00
216, 065, 389. 63
Loans to industrial and commercial business:
Proceeds disbursed (less repayments)
32, 324, 968. 95
Proceeds not yet disbursed
39, 381, 252. 06
Loans to mining, milling, and smelting business:
Proceeds disbursed
775, 000. 00
Proceeds not yet disbursed
6, 247, 000. 00
Loans on assets of closed banks—sec. 5e:
Proceeds disbursed (less repayments)
7, 888, 108. 20
Proceeds not yet disbursed
1, 081, 951. 56
Loans and contracts for self-liquidating projects:
Proceeds disbursed (less repayments) (par $162,158,100.00)
160, 280, 667. 30
Proceeds not yet disbursed (par $87,211,700.00)
86, 260, 604. 26
Loans for repair or reconstruction of property damaged by
earthquake, etc.:
Proceeds disbursed (less repayments)
9, 211, 940. 27
Proceeds not yet disbursed
2, 389, 486. 86
Loans under section 201-c, for financing sale of agricultural
surpluses in foreign markets—proceeds disbursed (less
repayments)
14, 300, 065. 47
Loans for financing the carrying and orderly marketing of
agricultural commodities and livestock produced in the
United States:
Proceeds disbursed (less repayments)
267, 141, 561. 12
Proceeds not yet disbursed
244, 322, 166. 44
Loans to drainage, levee, and irrigation districts:
Proceeds disbursed (less repayments)
34, 175, 499. 81
Proceeds not yet disbursed
68, 171, 923. 99
Loans secured by preferred stock-insurance companies—
proceeds disbursed (less repayments)
30, 083, 000. 00
Loans secured by—
Preferred stock-banks and trust companies:
Proceeds disbursed (less repayments)
19, 988, 216. 51
Proceeds not yet disbursed
208, 000. 00
See footnotes at end of table.
156
REPORT OF THE COMPTROLLER OF THE CURRENCY
Statement of condition of the Corporation as of the close of business, Sept. 80, 1985—
Continued
ASSETS—continued
Loans secured by—Continued.
Stock-mortgage companies—sec. 5c:
Purchased
Subscription authorized
Preferred stock-banks and trust companies:
Purchased (less retirements)
Subscriptions authorized
Preferred stock-insurance company—purchased
Capital notes and debentures, banks and trust companies:
Purchased (less retirements)
Subscriptions authorized
Purchases of securities from Federal Emergency Administration of Public Works:
Purchases consummated (less sales)
Purchases authorized but not yet consummated
Advances for care and preservation of collateral:
Proceeds disbursed (less repayments)
Proceeds not yet disbursed
Collateral purchased (cost less proceeds of liquidation)
Accrued interest and dividends receivable
Reimbursable expense
Furniture and
fixtures
$727, 401. 42
Less allowances for depreciation
147, 845. 83
Miscellaneous disbursements
Total
$10, 000, 000. 00
2, 000, 000. 00
641, 990, 880. 06
38, 723, 500. 00
100, 000. 00
242, 361, 925. 00
59, 950, 500. 00
105, 225, 400. 00
1, 569, 800. 00
261, 886. 36
243, 994. 76
2, 332, 374. 34
35, 002, 939. 59
665, 433. 71
579, 555. 59
164, 389. 42
6, 133, 866, 164. 57
LIABILITIES AND CAPITAL
Payable on certificate of Federal Emergency Relief Administrator (1933 relief act)
Payable under Emergency Relief Appropriation
Act of 1935 2_
3
Payable to Secretary of the Treasury
Payable to land bank commissioner 5
Callable by Farm Credit Administration9 for expenses of
regional agricultural credit corporations
Payable for capital regional agricultural credit corporations.
Liability for funds held as cash collateral
Liability for funds held for other agencies
Proceeds not yet disbursed:
Relief authorizations (1932 act)
Loans under sec. 5
Loans'to industrial and commercial business
Loans to mining, milling, and smelting business
Loans on assets of closed banks, sec. 5e
Loans and contracts for self-liquidating projects
Loans for repair or reconstruction of property damaged
by earthquakes, etc
Loans for financing the carrying and orderly marketing
of agricultural commodities and livestock produced
in the United States
Loans to drainage, levee, and irrigation districts
Loans secured by preferred stock, banks, and trust companies
Advances for care and preservation of collateral
Subscription authorizations:
Stock, mortgage companies, sec. 5c
Preferred stock, banks, and trust companies
Capital notes and debentures, banks, and trust
companies
Purchases of securities from Federal Emergency Administration of Public Works authorized
See footnotes at end of table.
765. 83
500, 000, 000. 00
39, 495, 300. 00
97, 400, 000. 00
3, 007, 539. 37
15, 000. 00
351, 356. 96
9, 990, 500. 00
15, 001. 00
216, 065, 389. 63
39, 381, 252. 06
6, 247, 000. 00
1, 081, 951. 56
86, 260, 604. 26
2, 389, 486. 86
244, 322, 166. 44
68, 171, 923. 99
208, 000. CO
243, 994. 76
2, 000, 000. 00
38, 723, 500. 00
59, 950, 500. 00
1, 569, 800. 00
EEPORT OF THE COMPTROLLER OF THE CURRENCY
157
Statement of condition of the Corporation as of the close of business, Sept. 80, 1985—
Continued
LIABILITIES AND CAPITAL—continued
Cash receipts not allocated pending advices
Miscellaneous liabilities (including suspense)
Liability for deposits with bids
Liability for funds held pending adjustment
Unearned discount
Interest paid in advance
Interest and dividend refunds and rebates payable
Interest accrued
Deferred credits:
Profits from sale of securities purchased from other governmental
agencies (net)
$1, 697, 173. 40
Income on collateral purchased
216, 726. 35
Other
330, 108. 86
Notes—Series E, G, H, and J
Capital stock
Surplus Dec. 31, 1934 (adjusted)
Reserve for self-insurance
$83, 676, 632. 16
125, 000. 00
Interest and dividends earned less interest and expenses
(Jan. 1, 1935, through Sept. 30, 1935)
Total
$3, 594, 862. 63
7, 484, 939. 22
700. 00
2, 210. 00
107, 124. 41
89, 110. 51
354, 876. 62
21, 672, 643. 01
2, 244, 008. 61
4, 072, 574, 166. 67
500,000,000.00
83, 801, 632. 16
25, 048, 858. 01
6, 133, 866, 164. 57
1 Title II of the "Emergency Appropriation Act, fiscal year 1935," approved June 19,1934, provides:
"* * * That not exceeding $500,000,000 in the aggregate of any savings or unobligated balances in
funds of the Reconstruction Finance Corporation may, in the discretion of the President, be transferred
and applied to the purposes of the Federal Emergency Relief Act of 1933 and/or title II of the National
Industrial Recovery Act, * * *."
Under this act $500,000,000 has been transferred to the Federal Emergency Relief Administration.
2 The Emergency Relief Appropriation Act of 1935, approved Apr. 8, 1935, provides: " T h a t in order
to provide relief, work relief, and to increase employment by providing for useful projects, there is hereby
appropriated, * * * to be used in the discretion and under the direction of the President, to be immediately available and to remain available until June 30, 1937, * * * not exceeding $500,000,000 in the
aggregate of any savings or unexpended balances in funds of the Reconstruction Finance Corporation;
* * *." No disbursements have been made by the Corporation under these provisions of the act.
3 Sec. 2 of the Reconstruction Finance Corporation Act, as amended, provides that "in order to enable the
Secretary of the Treasury to make payments upon stock of Federal Home Loan Banks subscribed for by
him in accordance with the Federal Home Loan Bank Act, the sum of $125,000,000 or so much thereof as
may be necessary for such purpose, is hereby allocated and made available to the Secretary of the Treasury * * *." The amount of such stock subscribed for by the Secretary of the Treasury is $124,741,000.
* Sec. 4-b of the Home Owners' Loan Act or 1933, provides that to enable the Secretary of the Treasury
to make payments for subscriptions by him to the capital stock of the Home Owners' Loan Corporation
the Reconstruction Finance Corporation shall allocate and make available to the Secretary of the Treasury
the sum of $200,000,000 or so much thereof as may be necessary. The amount of such stock subscribed
for by the Secretary of the Treasury is $200,000,000 and this amount has been paid to him.
« Section 30 (a) of the Emergency Farm Mortgage Act of 1933, as amended, made $100,000,000 available
to the Farm Loan (now Land Bank) Commissioner for loans to joint-stock land banks, of which $2,600,000
has been paid to him. Section 32 of the same act made $200,000,000 available to the Farm Loan (now Land
Bank) Commissioner for direct loans to farmers, of which $145,000,000 was paid to the Land Bank Com.
missioner and the remainder, $55,000,000, reallocated and paid to the Federal Farm Mortgage Corporation
under section 3 of the Federal Farm Mortgage Corporation Act.
6 Section 4 of the National Housing Act provides that "the Reconstruction Finance Corporation shall
make available to the Administrator such funds as he may deem necessary." Pursuant to this act, $34,000,000 has been paid to the Federal Housing Administrator.
7 Section 2 of the Reconstruction Finance Corporation Act, as amended, made available to the Secretary
of Agriculture $200,000,000. Of this amount $135,000,000 was paid to him of which $20,000,000 was returned
to the Corporation. Of the $85,000,000 then held by the Corporation, $44,500,000 was reallocated and disbursed as capital of the Regional Agricultural Credit Corporations (sec. 201 (e) Emergency Relief and
Construction Act of 1932). The remainder, $40,500,000, was made available and has been paid to the Governor of the Farm Credit Administration, pursuant to the provisions of section 5 (a) (1) of the Farm Credit
Act of 1933.
s Section 201 (e) of the Emergency Relief and Construction Act of 1932, provides that all expenses incurred
in connection with the operation of the Regional Agricultural Credit Corporations shall be paid by the
Reconstruction Finance Corporation. Under the provisions of this act the Corporation has allocated
$15,748,387.60
for such expenses.
9
Represents undisbursed portion of estimated expenses of the Regional Agricultural Credit Corporations
for the fiscal year ending June 30,1936.
i° Loans under section 5 of the Reconstruction Finance Corporation Act, as amended, to aid in the reorganization or liquidation of closed institutions have been authorized in the aggregate amount of $1,152,397,434.64, of which $197,352,300.17 has been canceled. After taking into consideration repayments of
$561,174,876.57 items (10) of the balance sheet include the balance of $280,326,765.35 representing proceeds
disbursed (less repayments) and $113,543,492.55 representing proceeds not yet disbursed, exclusive of
$175,000 loans approved in principle upon the performance of specified conditions.
158
REPORT OF THE COMPTROLLER OF THE CURRENCY
In addition to loans and other authorizations reflected on the statement of condition, the Corporation has approved in principle, upon
the performance of specified conditions, loans in the amount of
$185,152,972.82, purchases of preferred stock, capital notes and debentures in the amount of $32,568,980.41, and purchase of stock of a
mortgage company in the amount of $10,000,000. The corporation
has also agreed to purchase from the Federal Emergency Administration of Public Works at par and accrued interest such part of
securities having aggregate par value of $105,549,000 as may be
available for delivery.
Under the provisions of section 5 (b) of an act approved June 16,
1934 (Public, No. 362, 73d Cong.) the corporation is required to
purchase debentures or other obligations of the Federal Deposit Insurance Corporation, upon its request, up to but not exceeding
$250,000,000. The corporation has not been called upon to purchase
any such obligations.
This statement of condition does not take into consideration expenditures incurred but not paid by the corporation at the close of
business, September 30, 1935, nor income of Regional Agricultural
Credit Corporations whose capital stock was subscribed by the
corporation.
Loans to aid in the reorganization or liquidation of closed banks and trust companies from Feb. 2, 1982, to Sept. 80, 1985, inclusive, by States
(includes loans to receivers, liquidating agents, and conservators, and loans through mortgage loan companies to aid in the reorganization
or liquidation of closed banks and trust companies, under sec. 5 of the Reconstruction Finance Corporation Act, as amended; and authorizations on the assets of closed banks and trust companies under sec. 5e of the Reconstruction Finance Corporation Act, as amended)
Banks and trust companies
National
State
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of ColumbiaFlorida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
-.
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
Amount
authorized
Amount withdrawn or
canceled
$1,083,000.00
217,000.00
1,730,200.00
12,658,218. 52
1,795,950.20
$184,202.20
36,300.00
211,401.29
1,932,984.69
330,419.63
996,707.04
13,719,200.00
484,500.00
1,866,300.00
182,731.45
513,800.00
3,628,400.00
321,006.73
33,406,432.03
5,685,904.92
16,164,339.92
1,993,448.85
10,488,794.98
1,635,116.47
2,200,700.00
521,650.00
7,993, 250.00 1,223,768.86
205,000. 00
334,500.00
84,035.32
9,925,000.00
382,175. 59
3,239,900.00
8,773,200.00 1,464,137.02
257, 531,965. 59 10,339,373.11
2,436,878.88
364,047.65
415,700.00
2,810,000.00
7,384,800.00 1,441,658.68
93,100.00
382,200.00
207,701.82
l,372,400CO0
43,100.00
430,000.00
20,680,720.91
65,000.00
36,633,893.35
Amount
disbursed
Amount
authorized
Amount withdrawn or
canceled
Amount
disbursed
$736,097.80 $5,107,812.46 $2,680,747.31 $2,404, 544.57
149,400.00
117,198. 27
130,301. 73
247,500.00
1,389,698.71 8,353,371.60 3, 559,049.95 4, 793, 365. 28
9,792,508.75. 3,366,681.44
293,443.90
3,073, 237. 54
1,368,830.57
2,951. 70
71,500.00
68, 548. 30
345,098. 51 1,414,901.49
1,760,000.00
11,413,392.96
1,130,296.18
309,168.55
3,238,693. 27
24,456,042.08
12,383, 378. 27
8,220,133. 53
1,556,850. 00
6,127,181.14
93, 500. 00
7,862,064.68
2,429,924.41
6,401,662.98
209,692,843.39
1,760,009. 52
2,214, 300.00
5,080,841.32
266, 500.00
991,398.18
246,900.00
5,049, 245.56 14,645,775.35
25,800.00
39,200.00
3,090,385.78 31,133,807.57
4,955,972.27
4,510,195.48
3,022, 753. 56
1,997,877.63
7,440, 580. 57
26,889,838.87
2, 277, 264.80
5,195,424.85
7,430,700. 00 1,098,168. 76
496,968. 25
1,362,300. 00
395,136. 20
1,205,358.87
35,332, 026. 67 7, 338,813.88
31,858,776. 50 2,947,063.70
1, 676, 241. 33
10,119,024.00
16, 607,835.94
886,949. 55
44,927,795. 50 12, 778,343. 86
3,130,100. 00 2,370, 467. 20
4,413,559.94
951, 873. 75
7,765,834.62 1,788, 628. 69
576,000.00
76, 386.34
2,368, 753.43
772, 317. 57
1,261,058.00
199, 568. 21
500,000.00
39, 597. 69
8, 584,000. 00 4, 514,574. 59
413,473. 54
34,996. 50
16,378,869.54
6,833, 521.96
1
Total
All others
Amount
authorized
Amount withdrawn or
canceled
$6,190,812.46 $2,864,949.51 $3,140,642.37
153,498. 27
279,701. 73
464,500. 00
10,083, 571. 60 3, 770,451. 24 6,183,063.99
2,226,428. 59 12,865,746.29
16,024,899.96
1,867,450. 20
333, 371. 33 1,437,378.87
1,760,000. 00
345,098. 51 1,414,901.49
13,719, 200. 00
6,822, 272. 27
5,023,995. 48
3,628,400. 00
15,303, 085. 50
60, 296, 270. 90
2, 793,160. 05
21,359, 764. 77
6,332, 531. 24
17,919,494.98
853, 331. 75
3, 563,000. 00
810,222. 67
9,198, 608.87
26, 661, 758. 78 35, 666, 526. 67
28,484,160.66
41,783,776. 50
8,435,101. 30
13, 358,924. 00
15, 674,406.90
25, 381,035.94
25, 779,910. 26 302, 459, 761. 09
759, 632. 80
5, 566,978. 88
3, 461, 686.19
7, 223, 559. 94
5,815,205.93
15,150, 634. 62
499, 613. 66
958, 200. 00
1, 596,435.86
3, 741,153. 43
1, 061,489. 79
1,691,058. 00
460,402.31
500. 000. 00
4,069, 425.41
29,264, 720.91
378, 477. 04
478,473. 54
9,486,361.03
53,012, 762.89
1,931, 603. 79
2,485,494. 30
Amount
disbursed
996, 707. 04 11,413,392.96
3,507, 253. 56 3, 061,899.97
2,180, 609. 08 2, 794,662.85
321,006. 73 3, 238, 693. 27
13,126, 485.49 39,759,127. 58
4, 270, 713. 65 15,176, 538. 32
2, 733, 285. 23 14, 552,664. 77
1,018, 618. 25 2, 410,181. 75
1, 618,905. 06 6,937,403.81
7, 543,813. 88 26, 755, 258. 78
3,031,099.02 36,346,225.34
2,058,416.92 10,865,025. 71
2,351,086.57 22,076,069.88
23,117,716.97 235, 472,753.65
2, 734, 514. 85 2, 519,642. 32
1, 367, 573. 73 5, 675,986.19
3, 230, 287.37 10,896, 047.25
169,486. 34
766,113.66
980,019. 39 2, 587,834. 04
242, 668.21 1,308, 389. 79
39, 597. 69
460, 402.31
9, 563,820.15 18,715, 200. 76
60, 796. 50
417, 677.04
9,923,907.74 40, 620,168.60
o
o
F
Or
Loans to aid in the reorganization or liquidation of closed banks and trust companies from Feb. 2,1932, to Sept. 80,1985, inclusive, by States—
Continued
Banks and trust companies
All others
National
Total
State
North Carolina_
North D a k o t a Ohio
_._
Oklahoma
Oregon.
_
Pennsylvania. __
Rhode Island. __
South CarolinaSouth Dakota.. .
Tennessee
_
Texas
Utah
Vermont
Virginia
Washington
West Virginia...
Wisconsin
Wyoming
Total__
Amount
authorized
Amount withdrawn or
canceled
$6, 560,200.00
2, 498, 991. 23
12, 661, 564. 07
2, 067, 386.60
2,065,800.00
66, 734,725.00
$1, 386,392.11
908,981.33
2,089,987.98
682,804.33
159, 215.19
14,139,625.39
5,052, 380.14
1,104, 937.92
16,348,843. 68
5,453,934.14
39, 500.00
1,039, 000. 00
1,776,100. 00
6,442,700.00
7,316, 684.16
6,178, 721.08
602,807,512.40
663,112.37
175,839.91
659, 679.72
647,424. 74
4,500.00
86,200. 71
265,534.96
605, 710.11
543, 293. 37
723,766.26
Amount
disbursed
Amount
authorized
Amount withdrawn or
canceled
Amount
disbursed
Amount
authorized
Amount withdrawn or
canceled
Amount
disbursed
$4,047,507.89 $4,215,317.52 $1,507,115.35 $2, 694,924. 00 $10, 775,517.52 $2,893,507.46 $6,742,431.89
12, 247.68
1, 752.32
921, 229.01 1, 586,562.22
1, 584,809.90
52,079.30
2, 551,070.53
9,490,634.80 194,486,615.16 11,183, 534. 23 152, 606,183. 53 207,148,179. 23 13, 273, 522. 21 162,096,818.33
1,120, 640.41 1.433,579.93
1,101,982.27
437,836.08
331, 597. 66
2,837,304.60
769,918.00
1,760,932.16
1,102.30
498,897.70
2,565,800.00
160,317.49
2,259,829.86
500,000.00
46,864,967.74 45,838,529.65 21,687,143. 01 23, 244, 589. 40 112, 573, 254. 65 35,826,768.40 70,109,557.14
4, 700.00
595, 300.00
600,000.00
4,700.00
600,000.00
595,300.00
224,668.02
1, 964,188.14
7, 317,143.30
887,780.39
3,596, 567. 77 2, 264,763.16
5, 560,755.91
715,909.97
323, 347. 73
2,144,195.62
799,992.55 1,039,257. 70
891,749.88
1,123, 340. 28
539, 733. 70
453,141.94
17, 341, 719. 32 1,199,413.42 15, 736,105.90
15, 282,963.96
992,875.64
11, 041,437.39 1, 235, 589.78 9,423, 594.04
4,424, 255.83 5,587,503.25
588,165. 04 4,999, 338. 21
35, 000.00 2,978,901.87
1,021,064.69
853,371.89
3,018,401.87
1,025, 564. 69
888, 371.89
813, 799. 29
1, 039,000.00
86, 200.71
813, 799. 29
1,435, 365.04" 3,570,500.00
593, 683.10 2,976,816.90
5, 346, 600.00
859, 218. 06 4.412,181.94
15, 702, 216.19 2,257, 493.68 12, 641,152.03
5,079,789. 89 9, 259,516.19 1,651, 783. 57 7,561, 362.14
6,207,290. 79 4, 647,256.00 1,833, 731.36 2, 362, 568. 54 11, 963,940.16 2, 377,024. 73 8,569,859.33
4,443, 345.38 1,871, 660. 67
12, 660, 727.13 5,167,111.64
4,536,954.82
6,482,006.05
6,408,615.49
185,500.00
185, 500.00
185,500.00
185, 500.00
62, 687, 671.14 472,193,213.91 538,164,303.01 113,567,847.71 378, 357,436.90 1,140,971,815.41 176,255, 518.85 850,550, 650.81
g
B
§
REPORT OF THE COMPTROLLER OF THE CURRENCY
161
FARM CREDIT ADMINISTRATION
The statement following shows the assets and liabilities of the
Farm Credit Administration as of September 30, 1935:
Consolidated statement of condition Sept. 30, 1935
ASSETS
Loans and discounts:
Agricultural credit corporations
$764, 236. 41
Real-estate mortgages
2, 921, 681, 489. 25
Crop, livestock and commodities.411, 904, 560. 80
Cooperative associations
94, 607, 892. 52
Joint-stock land banks
341, 183. 28
Other—stabilization
75, 138, 691. 14
——
— $3, 504, 438, 053. 40
Accrued interest receivable
66, 140, 895. 50
Accounts and other receivables
9, 972, 351. 90
Cash:
With U. S. Treasury
_126, 475, 323. 84
On hand and in banks
42, 242, 064. 15
In trust funds
4, 043, 842. 89
172, 761, 230. 88
Investments:
United States securities
102, 790, 725. 13
F. F. M. C. bonds
103, 522, 391. 22
F. L. B. bonds
750, 346, 690. 00
P. C. A.—class A stock....
76, 945, 650. 00
F. I. C. B. debentures
14, 637, 053. 26
Other investments
89, 443. 90
——
— 1, 048, 331, 953. 51
Real estate and business property:
Banking house and equipment
6, 834, 672. 26
Stores and supplies
37, 730. 10
Real estate and other property
held for sale
92, 717, 813. 33
—
99, 590, 215. 69
Other assets
7, 346, 608. 00
Total assets other than interagency
Interagency assets:
Due from governmental corporations or agencies
Allocations from R. F. C
Allocation for capital stock purchases
4, 908, 581, 308. 88
24, 535, 302. 14
100, 422, 539. 37
850, 000. 00
—
.
Total all assets
125, 807, 841. 51
5, 034, 389, 150. 39
LIABILITIES
Bonds, notes, and debentures:
F. F. M. C. bonds
F. L. B. bonds
F. I. C. B. debentures
$1, 367, 566, 800. 00
1, 920, 372, 260. 00
161, 210, 000. 00
Accrued interest payable:
Guaranteed by United States
Not guaranteed by United States.
11, 588, 066. 97
23, 671, 666. 42
Other liabilities:
Deferred income.
Other indebtedness
7, 852, 219. 01
39, 407, 807. 19
3, 449, 149, 060. 00
35, 259, 733. 39
47, 260, 026. 20
162
REPORT OF THE COMPTROLLER OF THE CURRENCY
Consolidated statement of condition Sept 80, 1985—Continued
LIABILITIES—continued
Reserves:
For uncollectible items
Other operating reserves
$178, 947, 626. 42
142, 286. 88
$179, 089, 913. 30
Total liabilities other than interagency
_ 3, 710, 758, 732. 8,9
Interagency liabilities: Due to governmental corporations or
agencies
__
80, 750, 870. 98
Capital and surplus:
Capital (including appropriations
and funds)_
1, 066, 772, 841. 33
Paid-in surplus
129, 986, 948. 88
Undivided profits
8, 681, 596. 97
1,205,441,387.18
Surplus reserves:
Legal reserve
25, 656, 426. 59
Other—contingent
__.
11, 781, 732. 75
37, 438, 159. 34
Total all liabilities
_ 5, 034, 389, 150. 39
Federal land banks
The statement following shows the condition of the 12 Federal land
banks as of September 30, 1935, taken from report compiled by the
Farm Credit Administration:
Consolidated statement Sept. 80, 1935
ASSETS
Mortgage loans, less matured principal unpaid
$2, 045, 591, 438. 45
Extensions, less reserves
33, 655, 432. 34
Delinquent installments, less partial payments, delinquent
installments and reserves
12, 311, 151. 08
Accounts receivable (tax advances, insurance advances,
etc.)
8, 137, 091. 78
Purchase money mortgages and contracts
49, 966, 565. 56
Cash
23, 194, 209. 32
Deposits for matured or called obligations
17, 819, 504. 16
Due from Secretary of the Treasury (interest reductions and
paid-in surplus)
10, 867, 703. 10
U. S. Government obligations, direct and fully guaranteed43, 914, 688. 60
Other bonds and securities
76, 993. 90
Accrued interest receivable (not yet due)
34, 669, 832. 25
Real estate owned, less reserves
72, 875, 742. 19
Sheriffs' certificates, judgments, etc., less reserves
19, 529, 655. 67
Banking house, furniture, fixtures, equipment, etc., less
reserves
6, 052, 672. 80
Prepaid and deferred expenses
5, 135, 048. 14
Other assets
808, 023. 74
Total
2, 384, 605, 753. 08
LIABILITIES
Farm-loan bonds outstanding, less bonds held by banks
Matured obligations (farm-loan bonds including interest)._»
Notes payable
Accrued interest payable (not yet due)
Deferred proceeds of loans
Accounts payable
Dividends declared but unpaid
Trust accounts
1, 903, 374, 340. 00
17, 815, 504. 46
56, 079, 720. 27
23, 159, 572. 63
6, 422, 680. 93
787, 438. 90
356, 195. 21
6, 752, 009. 47
REPORT OF THE COMPTROLLER OF THE CURRENCY
163
Consolidated statement Sept. SO, 19S5—Continued
LIABILITIES—continued
Advance installment payments
$2, 247, 716. 52
Partial payments on extensions, purchase money mortgages,
contracts, etc
1, 417, 247. 94
Other liabilities
_
1, 609, 219. 93
Deferred income
5, 819, 160. 68
Capital stock
234, 525, 717. 00
Paid-in surplus
87, 897, 892. 74
Legal reserves
25, 656, 426. 59
Reserves for contingencies
9, 732, 156. 02
Undivided profits
952, 753. 79
Total
2, 384, 605, 753. 08
Federal Farm Mortgage Corporation
The statement following shows the condition of the Federal Farm
Mortgage Corporation as of September 30, 1935, taken from report
compiled by the Farm Credit Administration:
Statement of condition Sept. SO, 19S5
ASSETS
Mortgage loans
Accounts receivable
Purchase money mortgages and contracts _«
Cash with Treasurer of the United States
Consolidated Federal farm loan bonds (par value)
Accrued interest receivable (not yet due)
Furniture, fixtures, and equipment
Deferred expense (unamortized discount on bonds sold)
Total
$765, 319, 311. 34
115, 517. 15
8, 145. 44
79, 992, 170. 80
729, 179, 840. 00
19, 904, 535. 38
1. 00
1, 407, 312. 68
1, 595, 926, 833. 79
LIABILITIES
Federal Farm Mortgage Corporation bonds
1, 367, 566, 800. 00
Accrued interest on Federal Farm Mortgage Corporation
(not yet due)
11, 588, 066. 97
Deferred proceeds of loans
3, 564, 400. 28
Vouchers payable
2, 719, 800. 19
Trust accounts
1, 238, 393. 59
Other liabilities
77, 871. 73
Deferred income (unamortized premium on bonds sold)
1, 444, 992. 26
Reserve for losses on mortgage loans
7, 726, 508. 77
Capital stock
200, 000, 000. 00
Total
1, 595, 926, 833. 79
Federal intermediate credit banks
The statement following shows the condition of the 12 Federal
intermediate credit banks as of September 30, 1935, taken from
report compiled by the Farm Credit Administration:
Consolidated statement Sept. 80, 1935
ASSETS
Loans and discounts (net)
-_- $174, 948, 837. 62
Notes receivable (net)
2, 304, 806. 57
Cash on hand and in banks
17, 612, 628. 66
Cash deposited with the Treasurer of the United States for
retirement of matured debentures (principal and interest) _ _
5, 056. 33
Digitized forU.
FRASER
S. Government obligations, direct and fully guaranteed
73, 432, 436. 44
164
REPORT OF THE COMPTROLLER OF THE CURRENCY
Consolidated statement Sept. 80, 1935—Continued
ASSETS—continued
Accounts receivable
Accrued interest receivable
Prepaid and deferred expenses
Other assets (net)
$147, 486. 29
1, 847, 588. 33
12, 202. 87
55, 743. 34
Total.
270, 366, 786. 45
LIABILITIES
Debentures
Matured obligations (debentures including interest)
Trust accounts.
Accounts payable
Liability for cash collateral
Deferred proceeds, loans, and discounts- _.
Accrued interest payable (not yet due)
Interest collected, not earned
Unamortized premium on outstanding debentures
Other liabilities
Capital stock paid in
Surplus paid in
Surplus earned, reserves and undivided profits
Total
161, 205, 000. 00
5, 056. 33
581, 110. 97
8, 556. 88
1, 195, 675. 65
40, 811. 60
1, 015, 848. 41
130, 599. 15
390, 628. 20
146, 199. 87
70, 000, 000. 00
30, 000, 000. 00
5, 647, 299. 39
270, 366, 786. 45
Joint-stock land banks
On September 30, 1935, there were 44 joint-stock land banks in
operation, 1 in voluntary liquidation and 3 in process of liquidation
through receivership. A consolidated statement of condition of the
active banks on the date indicated was not compiled by the Farm
Credit Administration, as heretofore, although individual statements
of such banks, as well as of the banks in process of liquidation through
receivership, are available.
The Emergency Farm Mortgage Act of 1933, approved May 12,
1933, provided that " After the date of enactment of this act, no jointstock land bank shall issue any tax-exempt bonds or make any farm
loans except as are necessary and incidental to the refinancing of existing loans or bond issues or to the sale of any real estate now owned or
hereafter acquired by such banks." The act in effect prohibits jointstock land banks from acquiring new business and restricts them to
the orderly liquidation of their existing assets. Sections 30 and 31
of the Emergency Farm Mortgage Act of 1933, as amended by the
Farm Credit Act of 1935, as a means of expediting the required
liquidation, authorized and directed the Reconstruction Finance
Corporation to make available to the Land Bank Commissioner until
May 13, 1937, the sum of $100,000,000 to be used for the purpose of
making loans to the joint-stock land banks organized and doing business under the Federal Farm Loan Act, as amended, at a rate of
interest not to exceed 4 percent per annum, payable annually.
REPORT OF THE COMPTROLLER OF THE CURRENCY
165
FEDERAL H O M E LOAN BANK SYSTEM
The statement following shows the assets and liabilities of the
Federal Home Loan Bank System as of September 30, 1935:
Consolidated statement Sept. 30, 1935
ASSETS
Cash:
On hand
$28, 863. 52
On deposit with United States States Treasurer
3, 269, 778. 74
On deposit with United States Treasurer, special account. >
903, 625. 62
On deposit with affiliated banks
2, 300, 000. 00
On deposit with commercial banks
1, 411, 093. 56
Total cash
7, 913, 361. 44
Loans outstanding:
Members
90, 428, 144. 42
Other
4, 051. 94
Total loans
90, 432, 196. 36
Accrued interest receivable:
Members
Affiliated banks: Deposits
Securities
Other
Total accrued interest
Investments: U. S. Government
Furniture and fixtures (net)
Stock subscriptions receivable— Members
Deferred charges:
Prepaid assessment-—Federal Home Loan Bank Board
Prepaid bond premium
Other
Total deferred charges
317, 788. 92
3, 347. 95
72,003.44
501. 11
393, 641. 42
18, 610, 662. 00
4, 233. 20
262, 625. 00
6, 357. 50
3, 333. 71
1, 963. 00
11, 654. 21
Other assets:
Accounts receivable
Other
3, 720. 67
1, 418. 51
Total other assets
5, 139. 18
Total assets
117, 633, 512. 81
LIABILITIES AND CAPITAL
Liabilities:
Deposits:
Members, regular
Members, special
Applicants
Affiliated banks
Accrued interest:
Members' deposits
Affiliated banks: Deposits
Accounts payable
Other: Loan prepayment _
Total liabilities
34335—36
12
2, 037, 332. 23
903, 625. 62
140, 799. 87
2, 300, 000. 00
2, 927. 93
1, 320. 55
258. 97
63,109.19
5, 449, 374. 36
166
REPORT OF THE COMPTROLLER OF THE CURRENCY
Consolidated statement Sept. 80t 19S5—Continued
LIABILITIES AND CAPITAL—continued
Capital:
Capital stock issued and outstanding (par value):
Fully paid:
Members
U. S. Government:
Subscriptions, authorized..
Subscriptions, uncaUed
Partially paid: Members
_
Total capital stock outstanding
Surplus:
Reserves: As required under section no. 16 of act
Surplus, unallocated
-_
Total surplus
Total capital
Total liabilities and capital
$23, 406, 700. 00
124, 741, 000. 00
39, 495, 300. 00
85, 245, 700. 00
587, 500. 00
109, 239, 900. 00
1, 133, 732. 48
1, 810, 505. 97
2, 944, 238. 45
112, 184, 138. 45
117, 633, 512. 81
Home Owners9 Loan Corporation
The statement following shows a summary of the operations of the
Home Owners' Loan Corporation from the date of its organization to
the close of business on September 30, 1935:
Summary of operations
Applications received:
Number
1, 884, 897
Amount
$6, 167, 701, 393
Average per application
$3, 272
Loans disbursed:
Number
935, 355
Amount:
Bonds issued and in process of issuance:
Series A 3-percent bonds dated
May 1, 1934, due May 1, 1952. $932, 650, 875
Series B 2%-percent bonds dated
Aug. 1, 1934, due Aug. 1, 1949. 1, 204, 960, 050
Series F 1 ^-percent bonds dated
June 1, 1935, due June 1, 1939. 322, 566, 025
Series G 2%-percent bonds dated
July 1, 1935, due July 1, 1944. .
6, 500, 450
2, 466, 677, 400
Cash advances added to principal of
loans
341, 003, 791
Interest capitalized
15, 114, 840
2, 822, 796, 031
Average loan disbursed
$3, 018
In addition to bonds of $2,466,677,400 authorized in exchange for
home mortgages and shown above, the following bonds have been
issued for cash and for subscription to the capital stock of the Federal
Savings and Loan Insurance Corporation:
. Series A 3-percent bonds dated May 1, 1934, due May 1, 1952.._ $183, 726, 725
Series C l}£-percent bonds dated Aug. 15, 1934, due Aug. 15, 1936. 49, 736, 000
Series D 1%-percent bonds dated Aug. 15, 1934, due Aug. 15, 1937. 49, 843, 000
Series E 2-percent bonds dated Aug. 15, 1934, due Aug. 15, 1938. 49, 532, 000
Series F 1^-percent bonds dated June 1, 1935, due June 1, 1939..
2, 688, 725
Total
„
335,526,450
REPORT OF THE COMPTROLLER OF THE CURRENCY
167
The following bonds have been retired and canceled from the bond
retirement fund:
4-percent bonds dated July 1, 1933, due July 1, 1951
$31, 804, 325
Series A 3-percent bonds dated May 1, 1934, due May 1, 1952
167, 825
Series B 2%-percent bonds dated Aug. 1, 1934, due Aug. 1, 1949. .
8, 194, 900
Total
40, 167, 050
Matured bonds on which interest has ceased:
4-percent bonds dated July 1, 1933, called for redemption July 1,
1935
$25, 042, 100
FEDERAL DEPOSIT INSURANCE CORPORATION
The statements following compiled by the Federal Deposit Insurance Corporation show a consolidated comparative balance sheet of
the Corporation, including the temporary Federal deposit insurance
funds, as of June 30, 1935 and 1934, and a consolidated statement of
income in excess of operating expenses and deposit insurance losses
and expenses for the period from the date of organization of the Corporation, September 11, 1933, to June 30, 1935, the year ended June
30, 1935, and the period from September 11, 1933 to June 30, 1934.
Federal Deposit Insurance Corporation and the temporary Federal Deposit Insurance
funds—Consolidated comparative balance sheet, June 80, 1935, and June 30,
1934
June 30,1935
June 30,1934
$17,407,381.11
$99,247,340.84
315,080,009. 83
1,449, 243. 22
227,667,463.69
1,463, 691.77
333,936,634.16
328,378,496. 30
419, 217.47
2,283,157. 65
163,678. 75
336, 802, 688. 03
126,210. 71
328, 504, 707. 01
153,471.70
90,244. 28
74,948.96
1, 514,914.84
62,107. 84
9,371,126.78
59,811.47
12,107. 84
1,805, 443. 34
9, 533, 290. 37
39,457,244.10
2,004,082.04
30,151,907.20
41,461, 326.14
30,151,907. 20
150,000,000.00
139, 299, 556.99
150,000,000.00
139,299,556. 99
289,299, 556.99
289, 299, 556.99
4,236,361.56
334,997,244. 69
318,971,416.64
336,802, 688.03
328, 504, 707.01
ASSETS
Current assets:
Cash on hand and on deposit with the Treasurer of the United States.
U. S. Government securities (cost less reserve for amortization of
premiums)
_
_
Accrued interest receivable
Total current assets.. _
_
Advances to deposit-insurance national banks for payment of claims and
expenses
Subrogated claims of depositors of closed fund member banks
Furniture, fixtures, deferred charges, and miscellaneous assets
Total assets
LIABILITIES
Current liabilities and reserves:
Miscellaneous accounts payable
Temporary Federal deposit-insurance fund members that withdrew
from the fund and those in voluntary liquidation as of June 30,1934
(less portion of operating expenses and losses—$151,028.98)
Reserve for deposit-insurance losses and expenses
Reserve for suspense items
Total current liabilities and reserves
Temporary Federal deposit-insurance funds:
Temporary Federal deposit-insurance fund (assessments paid, less
adjustments and refunds payable to members that withdrew from
the fund and those in voluntary liquidation as of June 30,1934)
Fund for mutuals (established July 1,1934)
Total temporary Federal deposit-insurance funds.
Capital:
Paid in:
United States
Federal Reserve banks
Total capital paid in..
Income in excess of operating expenses and deposit-insurance losses
and expenses—(deficiency in italic)—As shown by the statement
below
Total capital....
Total liabilities.
480,047.55
NOTE.—The balance sheet as of June 30,1934, reflects adjustments in respect to amortization of premiums
on securities owned, deposit-insurance losses and expenses, and suspense items determined subsequently
Digitized fortoFRASER
the publication on July 30,1934, of the preliminary balance sheet as of June 30, 1934.
168
REPORT OF THE COMPTROLLER OF THE CURRENCY
Consolidated statement of income in excess of operating expenses and deposit-insurance losses and expenses—By periods, from September 11, 1988, to June 809
1985
Period from
Period from
Year ended Sept. 11, 1933,
Sept. 11,1933, June
to June 30,
30,1935
to June 30,1935
1934
Income:
Interest earned on securities
Less amortization of premiums on securities
Net interest earned on securities
Profit on securities sold
Total income
Operating expenses:
Expenses incurred
.....
Provision for suspense items
Total operating expenses
_
Income, in excess of operating expenses, before deducting
deposit-insurance losses and expenses—(deficiency in
italic)
. .
Deposit-insurance losses and expenses:
Provisions for net insurance losses (claims of depositors,
less estimated recoveries)
Provisions for expenses
Total
Less assessment payments forfeited
,
Net deposit-insurance losses and expenses
$10,657,095.01
647,325.62
$8,268,321.71
532,445.95
$2,388, 773.30
114,879.67
10,009, 769. 39
1,321,319.50
7,735,875. 76
1,321,319.50
2,273,893.63
11,331,088.89
9,057,195.26
2,273,893.63
5,615,595.07
62,107.84
2,782,227.82
50,000.00
2,833,367.25
12,107.84
5,677,702.91
2,832,227.82
2,845,475.09
5,653,385.98
6,224,967.44
671,581.46
1,487,349.35
87,773.85
1,437,537.88
77, 773.85
49,811.47
10,000.00
1,575,123.20
7,069.80
1,515,311.73
6,753.40
59,811.47
316.40
1,568,053. 40
1,508,558. 33
59,495.07
Income in excess of operating expenses and deposit-insurance losses and expenses before allocation of proportionate part of deficiency as of June 30,1934, to members that
withdrew from the fund and those in voluntary liquidation at that date—(deficiency in italic)
Portion of deficiency as of June 30,1934, allocated to members that withdrew from the fund and those in voluntary
liquidation at that date
4,085,332.58
4, 716,409.11
681,076. 5$
Income in excess of operating expenses and deposit-insurance losses and expenses—(deficiency in italic)
4,236,361.56
151,028.98
151,028.98
480,047.5S
4,716,409.11
NOTE.—The statement of income in excess of operating expenses and deposit-insurance losses and expenses
for the period from Sept. 11,1933, to June 30, 1934, reflects adjustments in respect to amortization of premiums on securities owned, deposit-insurance losses and expenses, and suspense items determined subsequently to the publication on July 30,1934, of the preliminary statement of net operating expenses and
losses to June 30,1934.
The following statement shows a summary of the condition of
insured commercial banks in the United States and possessions
June 29, 1935:
Condition of insured banks, by classes, June 29, 1985
[In thousands of dollars]
All banks
14,176
Number of banks...
National
banks
members
Federal
Reserve
System
5,425
State
banks
members
Federal
Reserve
System
985
Banks
not
membersFederal
Reserve
System
» 7,766
ASSETS
14,502,590
Loans and discounts (including rediscounts)
4,573,382 2,579,435
7,349,773
Overdrafts
2,163:
6,974
3,481
1,330
IT. S. Government securities, direct obligations
_. 10,476,485
605,359
6,069,863
3,801,263
Securities guaranteed by U. S. Government as to interest
1,883,595
464,476
and principal
_
1,093,905
325,214
Other bonds, stocks, securities, etc
6,692,802
3,534,391
1,892,754 1,265,657
Customers' liability account of acceptances
1,210
158,961
86,726
71,025
* Includes 2 insured Alaska national banks not members of the Federal Reserve System, but excludes 3Digitized forinsured
FRASER
State banks not members of the Federal Reserve System from which reports were not received.
REPOKT OF THE COMPTROLLER OF THE CURRENCY
169
Condition of insured banks, by classes, June 29, 1935—Continued
[In thousands of dollars]
All banks
ASSETS—continued
1,211,496
Banking house, furniture and
fixtures
_
507,659
Other real estate owned
4,933,277
Reserve with Federal Reserve banks
707,855
Cash in vault
__
5,740,776
Balances with other banks
83,855
Outside checks and other cash items
_
11,842
Redemption fund and due from United States Treasurer.
Acceptances of other banks and bills of exchange or drafts
6,194
sold with endorsement
2,306
Securities borrowed
_
_
366, 697
Other assets
Total assets. _
47,293,364
National
banks
members
Federal
Reserve
System
State
banks
members
Federal
Reserve
System
Banks
not
members
Federal
Reserve
System
649, 786
171,362
3,092,178
402,442
3,310,552
51,872
11,842
348, 859
167, 724
1,841,099
134, 568
212,851
168,573
1,264,462
23,834
170,845
1,165, 762
8,149
4,592
795
179,883
1,450
123
124,852
152
1,388
61,962
26,013,443
14,711,201
6,568,720
LIABILITIES
Demand deposits, except U. S. Government deposits,
18,042,109 9,660,072 6,546,171
other public funds, and deposits of other banks
Time deposits, except postal savings, public funds, and
12,272,226 6,626,877 2,834,889
deposits of other banks
2,914,606 1,842,858
532,826
Public funds of States, counties, municipalities, etc
1,179,520
408,523
676,796
U.S. Government and postal-savings deposits
Deposits of other banks, certified and cashiers' checks
outstanding, and cash letters of credit and travelers'
5,928,040 3,670,199 2,138,916
checks outstanding
40,886,501 22,476,802 12,461,825
Total deposits
8,450,848 2,110,827
978,268
Secured by pledge of loans and/or investments.
Not secured by pledge of loans and/or investments... 86,886,168 20,866,475 11,488,057
35,304
27,575
Mortgage bonds and participation certificates outstanding222,045
222,045
Circulating notes outstanding
Agreements to repurchase U. S. Government and other
4,194
3,215
8,650
securities sold__
3,989
3,864
35,925
Bills payable
654
360
1,724
Rediscounts
Acceptances of other banks and bills of exchange or drafts
4,592
1,450
6,194
sold with endorsement
_
85,572
74,647
160,913
Acceptances executed for customers
Acceptances executed by other banks for account of report8,171
14,773
6,179
ing banks
795
123
2,306
Securities borrowed
..
42,301
27,588
77,893
Interest, taxes, and other expenses accrued and unpaid.._
Dividends declared but not yet payable and amounts set
21,004
15,272
37,897
aside for dividends not declared. _
62,972
56,329
134,655
Other liabilities
_
877,591
1,805,728
3,368,659
Capital stock and capital notes and debentures
817,023
830,001
1,894,305
Surplus
138,459
297,907
529,455
Undivided profits, net
199,963
421,039
143,565
Reserves for contingencies
Retirement fund for preferred stock or capital notes and
3,151
238
6,126
debentures
Total liabilities
Memorandum
Loans and investments pledged to secure liabilities—
U. S. Government obligations, direct and/or fully
guaranteed
_
Other bonds, stocks, and securities
Loans and discounts, excluding rediscounts
Total
118,925
5,898,874
866,748
6,081,626
7,729
1,241
28,072
710
152
423
1,388
8,004
1,621
15,354
685,340
247, 281
93,089
77,511
1,737
47,293,364
26,013,443
14,711,201
6,568,720
3,105,651
1,144,787
200,124
4,450,562
1,999,749
718,264
52,627
876,636
224,822
90,119
1,191, 577
229,266
201, 701
57, 378
488,345
Pledged—
225,394
Against circulating notes outstanding
Against U. S. Government and postal-savings
1,357,913
deposits
_
Against public funds of States, counties, school
districts, or other subdivisions or municipalities. 1,660,730
706,527
Against deposits of trust department
215,606
Against other deposits
47,025
Against borrowings
With State authorities to qualify for the exercise
165,347
of fiduciary powers
72,020
For other purposes
_
4,450,562
Total
1,835,866
2,810,460
538,922
94,201
2,770,640
225,394
802,682
450,087
105,144
1,063,581
411,108
157,685
6,358
86,722
17,110
329,472
269,136
30,122
6,948
267,677
26,283
27, 799
33,719
59,066
46, 746
1,191, 577
19,559
8,164
488.345
2,770, 640
170
REPORT OF THE COMPTROLLER OF THE CURRENCY
NATIONAL AGRICULTURAL CREDIT CORPORATION
The Pacific National Agricultural 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
November 1, 1935, appears below:
ASSETS
Cash on hand and in banks
United States Securities ($285,000 par value)
Loans
Livestock owned
Furniture and
fixtures
Accounts receivable
Other assets
Customers' funds held in trust
Total
$52, 386. 84
296, 622. 83
2, 047, 857. 18
6, 057. 64
3, 439. 35
8, 279. 88
11, 525. 54
118, 881. 83
2, 545, 051. 09
Capital stock
Reserve for contingencies
Undivided profits
Discounts...
Other liabilities
Undistributed trustee funds
LIABILITIES
Total
500, 000. 00
50, 000. 00
19, 509. 76
1, 830, 284. 29
26, 375. 21
118, 881. 83
2, 545, 051. 09
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, 1935 and 1934, together
with a summary of the postal-savings business for the fiscal year
ended June 30, 1935, by States. (The total number of depositors on
June 30, 1935, was 2,598,391, an increase of 36,309 in the year, but
the average amount on deposit per depositor was $463.69, compared
with $467.56 a year ago.)
Comparative balance sheet for June SO, 1985, and June SO, 1984
Items
Working cash:
Depository banks.
Postmasters
Special funds, Treasurer of the United States:
Reserve fund
Miscellaneous (working) funds
Accounts receivable:
Accrued interest on bond investments..
Due from late postmasters
Investments, United States Securities:
Par value
Postal Savings 2^-percent bonds. _.
$17,255,940
Fourth Liberty 4H-percent b o n d s . . .
U. S. Treasury 2^-percent bonds 1955-60
67,515,000
U. S. Treasury 3-percent bonds 1946-48
86,126,000
U. S. Treasury 3-percent bonds 1951-55
58,883,000
U. S. Treasury 3H-percent bonds 1946-49
19,544,000
U. S. Treasury 3 ^-percent bonds 1949-52
3,000,000
U. S. Treasury 3H-percent bonds 1941
24,101,000
U. S. Treasury 3H-P©rcent bonds 1944-46..
50,701,250
U. S. Treasury 3J4-percent bonds 1943-45
41,147,000
U. S. Treasury 3%-percent bonds 1940-43
5,287,000
U. S. Treasury 3H-pereent bonds 1941-43
8,167,000
U. S. Treasury 3H-percent bonds 1943-47
7,225,000
U. S. Treasury 3%-percent bonds 1946-56
19,901,000
U. S. Treasury 4-percent bonds 1944-54
33,335,000
U. S. Treasury 4H-percent bonds 1947-52..
18,489,000
U. S. Treasury 2-percent notes 1939
_
125,000,000
U. S. Treasury 2^-percent notes A-1939
_
400,000
U. S. Treasury 2^£-percent notes A-1938
3,383,000
U. S. Treasury 2%-percent notes B-1936
1,550,000
U. S. Treasury 2^-percent notes B-1938
2,167,000
U. S. Treasury 2^-percent notes C-1936
8,750,000
U. S. Treasury 3-percent notes B-1937
4,850,000
U. S. Treasury 3-percent notes C-1937
5,000,000
U. S. Treasury 3-percent notes C-1938.-.
167,000
U. S. Treasury 3H-percent notes A-1936
_. 2,250,000
U. S. Treasury 3J4-percent notes A-1937
10,550,000
Federal Farm Mortgage Corporation 3-percent bonds 1942-47.
503,800
Federal Farm Mortgage Corporation 3-percent bonds 1944-49. 86,595,400
June 30,1935
$384,856,574.78
4,148, 528.51
$389,005,103.29
60,320, 545.63
4,524,359.44
4,614,879.74
198,676.12
17,255,940.00
68,247,245.37
86,659,786. 29
57,904,564.59
19,374,679.16
3,129,274.28
24, 230,291.16
51,075,471.35
41,394,902.65
5,398,788.50
8,325,432.12
7,391,952.08
20, 694,939.51
35,075,460.18
20,105, 231.20
125,000,000.00
400, 694. 51
3,317,954.06
1, 531,625.00
2,194,191.82
8,745,546.88
4,861,513.82
5,000,000.00
169,238.15
2,259,375.00
10, 560,024. 26
510,393.62
86,947,127.47
June 30, 1934
$695,281,038.03
4, 576,449.85
60,700,678.70
8,268,762.04
64,844,905.07
4,813,555.86
2,699,666.02
190,687.83
15,094,960.00
10,937,132.80
65, 297,923.88
50,357, 208.07
14, 481, 229.47
23,940,025. 52
35, 536, 299.12
38,018,930. 28
5,063, 775.17
7, 554, 789. 60
5,017,366.61
20, 438,983.06
34,901, 286.01
19, 870,000.12
35, 000, 000. 00
3, 317, 954.06
1, 531, 625.00
169, 454. 84
8, 745, 546.88
4, 867,940.14
5,000, 000.00
170, 064. 54
2,268,028.86
10,564, 563.54
35,195, 227.51
Increase
Decrease
$699, 857,487.88
$310,424,463.25
427,921.34
310,852,384.59
68,969,440.74
380,133.07
3,744,402. 60
4,124,535.67
2,890,353.85
$1,915,213.72
7,988. 29
1,923,202.01
2,160,980.00
68, 247, 245. 37
21,361, 862.41
7, 547, 356. 52
4, 893,449. 69
3,129, 274. 28
290, 265.64
15, 539,172.23
3,375,972.37
335,013. 33
770, 642. 52
2,374, 585. 47
255, 956.45
174,174.17
235, 231. 08
90,000,000.00
400,694. 51
10,937,132.80
O
O
I
d
2,024, 736.98
6,426. 32
826. 39
8, 653. 86
4, 539. 28
510, 393. 62
51, 751,899.96
3
o
Comparative balance sheet for June 50, 1985, and June $0, 1934—Continued
to
Items
June 30,1938
June 30,1934
Increase
Decrease
EESOUECES—continued
Investments, United States Securities—Continued.
Federal Farm Mortgage Corporation 3J4-percent bonds Par Value
1944-64
$57,200
Home Owners' Loan Corporation 2%-percent bonds 1939-49— 20,272,000
Home Owners' Loan Corporation 3-percent bonds 1944-52
39,406,000
771,578,590
Total resources
$453,340,315.08
$58,685. 76
20,082,163. 78
39,104, 732.72
323,666,910.21
1,225,057,597.55
10,613,191.96
a
o
1,220,549,448.99
6,936,011.00
3,481.831.88
2,811.70
6,741.00
10,427,395.58
$58,685.76
20,082,163.78
39,104,732.72
1,235,670,789.51
o
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
Surplus funds—Interest and profits (undistributed earnings) subject to future
allocation of maturing interest charges
1,204,843,784.00
26,044,518.97
69,385.60
19,166.00
2,815,814.88
5,406.38
1,230,976,844.57
2,821,221.26
$1,197,907,773.00
22,562, 687.09
66,573.90
12,415.00
2,526,900.68
166,277.29
288,914.20
2,693,177.97
128,043.29
1,233,798,065.83
1,223,242,626.96
10,555,438.87
1,872,723.68
1,814,970.59
57,753.09
1,235,670,789.51
1,225,057,597.55
10,613,191.96
1
$160,870.91
o
t-1
o
o
3
Comparative statement of interest-earning resources and interest-bearing liabilities for June 80, 1985, and June 80, 1984
Items
June 30,1935
June 30, 1934
Increase
$1,161,863,800.07
$695,281,038.03
453,340,315.08
$1,148,621,353.11
$323, 666,910.21
13, 242,446.96
1,204,843,784.00
1,197,907,773.00
6,936,011.00
42,979,983.93
49, 286,419.89
Decrease
RESOURCES—INTEREST-EARNING
Working cash:
Depository banks, per balance sheet
Investments, per balance sheet
$384,856,574.78
777,007,225.29
$310,424,463.25
s
LIABILITIES—INTEREST-BEARING
Due depositors—Outstanding principal represented by certificates of deposit,
per balance sheet
Excess of interest-bearing liabilities..
6,306,435.96
o
o
Comparative statement of interest and profits for the fiscal years ended June 80, 1985, and June 80, 1984
Items
Credits:
Interest on bank deposits
_
Interest on bond investments, less amortization chargesMiscellaneous receipts
Profit realized on investments..
Debits:
Interest credited to depositors._
Allowances to postmasters:
Losses by fire, burglary, etc
-Erroneous payments, uncollectible items, etc.
Miscellaneous losses
__
Final closing, previous year
_-.
Excess of income..
Fiscal year 1935
$12,994,199.62
18,149,356.19
1,175.10
2,550, 111. 60
Fiscal year 1934
$21,829,303.11
7,340,396.08
2, 392.60
632,797.42
$33,694,842.51
Increase
$8,835,103.49
$10,808,960.11
$29,804,889. 21
1,917,314.18
3,889,953.30
21,794,978.24
21,564,713.95
230,264.29
48,063.24
455.07
-189. 63
22,580. 32
847.83
47,215.41
455.07
21,865,887. 24
11,828,955.27
136,702.78
Decrease
21,702,264. 56
163,622.68
8,102,624. 65
3,726,330.62
l,~2l7.~50
189.63
114,122.46
o
Summary of Postal Savings business for the fiscal year ended June SO, 1935, by States
State
United States-.
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of ColumbiaFlorida
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
Balance to
the credit of
depositors
June 30, 1934
$1,197,907,773
Deposits»
Increase in
Balance to
the credit of balances to
depositors
the credit of3
June 30, 1935 depositors
$945,002,909 $938,066,898 $1,204,843,784
9,107,468
7,245,778
836,036
577,237
5,638,363
6,951,849
10,543, 305
12,078,626
56,955,484
76,643,478
13,171,883
15,689,359
6,374, 952
11, 508,455
296,830
452,369
7,141,179
6, 344,798
29,880,596
31,049,134
12,783,329
9,881,327
515,352
519, 525
7, 395, 320
5,748,173
145, 703, 234 126,595,725
30,860,662
28,855,969
55,626,988
51, 485,983
17,567,012
18,444,376
6,581,230
8,008,232
6,002,971
8,222,253
1,306,794
2,052,605
3,103,893
5,394,104
15,745,431
32,219,798
87,873,504 73.289,003
29,496,365
38,173,951
6,859,527
5,085,892
35,963,450
33,025,289
10,915,419
8,904,711
19,920,617 20.512,004
2,543,172
2,679,137
2,304,724
1, 348, 524
34, 229,650 21,632,659
2,977,592
3,839,925
115,848,497 66,545,690
14, 574, 611 12, 579,163
7,489,564
8,650,529
69,204,222 53,560,869
20,638,689
17,128,251
Withdrawals l *
7,681,675
605,835
6,116,689
10,415,673
61,650,943
13,033,759
6, 657,673
312,895
5,986,018
31,925,553
10,501,067
592, 454
6,153,495
120,001,325
26,819,830
46,783,877
14,879,597
6,716,851
6,089,863
1,309,871
3,367,596.
18,159,739
68,126,680
28,979,089
5,244,257
30,285,638
8,441,666
17,033,460
2,571,108
1,397,263
23,490,544
3,019,125
75,802,284
12,562,047
6,552,580
53,527,328
17,076,332
8,671,571
807,438
6,473,523
12,206,258
71,948,019
15,827,483
11,225, 734
436,304
7,499,959
29,004,177
12,163,589
442,423
152,297,634
32,896,801
60,329,094
21,131,791
7,872,611
8,135,361
2,049,528
5,130,401
29,805,490
93,035,827
38,691,227
6,701,162
38,703,101
11,378,464
23,399,161
2,651,201
2,255,985
32,371,765
3,798, 392
106,591,903
14,591, 727
9,587,513
19,237,763
Savings stamps
Sold
Amount at
interest in
banks June 30,
Redeemed
1935
Interest re*
ceived from
banks
Interest paid
depositors
Amount of
deposits
surrendered
for bonds
$6,936,011 $62,180.80 $59,368.30 $384,510,210.32 $12,994,199.62 $18,277,973.69 $25,718,880
-435,897
-28,598
-478,326
127,632
-4,695,459
138,124
-282,721
-16,065
358,780
-876,419
-619,740
-72,929
-405,322
6,594,400
2,036,139
4,702,106
3,564,779
-135,621
-3,077
-263,703
-2,414,308
5,162,323
517,276
-158,365
2,739,651
463,045
3,478,544
108,029
-48,739
-1,857,885
-41,533
-9,256,594
17,116
33,541
51,919
108.80
121.10
101.10
228.80
2,314.10
334.10
280.00
75.60
1,220.50
1,060.10
511.00
21.00
130.60
3,903.60
936.70
747.00
358.90
242.70
263.60
164.50
219.10
1,802.10
1,960.60
460.90
177.50
856.20
217.20
405.00
72.90
204.40
1,986.00
44.20
7,828.80
298.50
196.60
1,244.00
531.20
78.00
169.60
2,156.40
335.10
307. 40
74.00
1,098.00
862.10
509.00
18.00
132.00
3,716.80
864.20
666.40
300.10
233.00
197.00
175.00
224.00
1,715.70
1,841.20
485.90
160.60
863.20
206.00
370.20
60.00
175.70
1,898.60
43.00
7,913. 30
215. 50
159.00
1,154.30
430.40
2,758,996.27
428,549.50
230,214.60
3,616,440.08
77,310,587.00
1,326,154. 66
2,092,927.06
1,144,912. 21
1,083,148.35
3, 727,196.49
5,002,739.28
576,896.10
553,014. 50
8,903,487.00
11,332, 363.16
1,878,528.71
2,379,630.73
2,390,341.20
8,020,529.84
715,239.86
4,156,656.54
4,516,461.95
3,389,473.83
8,787,961.56
5,947,238.73
5,189,476.59
915,522.50
804,421.15
935,788.48
2,446,152.53
36,950,700.78
225,399.18
43,887,028.87
8,721,450.79
518,510. 55
15,092,103.02
^2,020,035.99
89.779.72
19,011.90
48,131.97
107,943. 44
2, 588,580.01
44,993. 58
76,894.57
26, 466.85
32,029. 93
148,120.48
140,305.92
14,935. 58
26,149. 56
362,572. 99
324,896.09
104,339.21
88.830.73
87,812.43
166,993. 54
19,536.43
137,623.08
191,326.89
184,974.37
253,278.51
147,017.'65
180,662.40
54,424.16
35,597.09
25, 202. 37
60,305.94
1,051,747.66
10,675.79
1,787,294.31
213,668.14
14,663.85
655,635.40
133,563.57
142.688.33
15,601.07
108,151.29
187,085.99
1,199,700. 91
258,163.06
160,995.72
6,646.09
88,392.56
454,584.80
195,447.01
7,642.44
122, 547.04
2,245,827.22
473,700.58
882,165.57
269,769.66
125,093. 53
110,260.82
25,485. 27
71,612.99
472.178.34
1,213,154.32
621,708.12
99,244.48
567,830.24
179.107.35
312,154.71
31,981.75
34,487.21
507,790.68
60,333.87
1,706,247.48
213,449.63
138,138.47
1,053,201.77
332,771.10
20,820
86,020
187,880
1,559,880
342,660
53,940
5,200
394,560
259,960
158,500
23,780
63,600
3,066, 780
1,292, 540
1,752,000
851, 380
265,000
148,800
64,960
87,740
142,160
2,112,060
1,139,720
118,140
1,316,160
247,800
1,540,580
28,340
16,140
209,340
55,720
509,220
283,020
199,520
1,945,880
380,640
Oregon
Pennsylvania.Puerto R i c o . . .
Rhode Island..
South Carolina.
South DakotaTennessee
Texas
Utah
Vermont
Virginia.
..
Virgin Islands.
Washington...
West VirginiaWisconsin
Wyoming
16,289,074
62,783,914
1,218, 307
1,744,116
13,744,532
12,548,648
8,673,943
29,096,032
3, 389,201
593, 906
5, 291,884
47,859
32,930,497
7,846,475
29, 336,971
4,193,623
13,101,126
42, 273, 457
1, 542,115
951,744
11,679,421
10,466,243
6,451, 259
24,336,917
2,041,650
374, 764
3,576,296
69,764
27, 330, 369
5, 302,067
23,653,210
3,128,633
13,497,852
44, 396, 500
1,423,877
1,011,797
11,646,836
9,934, 525
6,795, 521
24,137,558
2, 268,331
366,754
3,724,866
44,109
27,939,312
5, 336,633
22, 293,620
3, 377,128
15,892,348
-396,726
402. 30
387.00
60,660,871 -2,123,043
4,836.80 4,540.20
1,336,545
118,238 21,611.70 21,053.90
1,684,063
-60,053
392. 30
320.80
13,777,117
32,585
296.80
273.00
13,080,366
531,718
414.10
323.20
8,329,681
-344,262
170. 90
158.90
29,295, 391
199,359
736.80
725.40
3,162, 520
-226,681
85.70
70.20
601,916
8,010
56.00
40.00
5,143,314
-148,570
283. 60
255. 20
73, 514
25,655
159. 90
121.00
32,321, 554
-608, 943
396,00
385,00
7,811,909
-34, 566
260.20
180.00
30,696,561
1,359,590
508.50
513.80
3,945,128
-248,495
61.30
90.90
i8 These totals include the amount of $43,350 transferred between depository offices.
This total includes $6,741 written off postmasters' accounts current as unclaimed.
> A minus sign (—) denotes decrease.
1,027,032.74
59,327,448.11
501,119.06
478,401. 44
1,472,262.27
1, 321,330.14
10,058,482. 73
9,800,431.80
502,663. 61
529,094.29
5,608,833. 24
2,091,627.97
4, 508, 562. 64
6,738, 492. 37
568,148. 27
66,613.10
1,784,869.90
13,425. 75
17,124.00
57,000.62
66,544. 22
296,450.81
338,272. 74
37.162.58
13.325.59
137,979.38
119,018.82
165,414.08
194, 646. 22
30,365.70
277,114.62
961,739.91
13, 375.91
23,778.59
203,062.89
200,322.10
134,153. 27
451,122.96
49,606.36
7,198.55
75,375.14
845. 22
553, 261.35
116,513.82
443,993. 73
71,167.70
312,620
1,478,400
15, 360
311,420
245,740
120,680
576,480
68, 280
7,500
114,600
2,500
584,100
159,000
564,580
87,820
o
tel
Cm
176
EEPORT 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 1934 and 1935,
with comparative yearly totals beginning with the school year ended
1920, are shown in the following tables:
School savings, by States, 1933-84 and 1934-35
[Compiled by the savings bank division of the American Bankers' Association]
Number of
schools
Number participating
Net savings
Deposits
States
1933-34 1934-35 1933-34
United StatesAlabama
Arizona
Arkansas *
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa _
Kansas
Kentucky
Louisiana l_
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri l
Montana
Nebraska
Nevada
New HampshireNew Jersey
New Mexico
New York
North Carolina 1 -.
North Dakota
Ohio
Oklahoma l
Oregon *
_„
Pennsylvania
Rhode Island
South Carolina-.South Dakota
Tennessee
Texas
Utah *
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
9,471
1934-35
1933-34
67
1
23,084
192
26,935
191
2,391
3
546
56
2,340
3
534
38
430,592
338
95,663
30,218
373,386
416
101,946
26,340
25
90
61
8
95
42
70
14
421
18,028
6,185
3,300
1,640
43,159
13,855
20.832
3,914
1,526
19,538
34,941
5,364
1,866
31,694
14,785
28,844
3,935
2,340.76
21,788.13
110,398.22
20,693.18
6,715.79
207,800.39
40,047.51
78,679.12
27,980.34
4,241.05
232
95
713
24
196
5
102
25,472
40,922
131,236
12,258
79,312
730
33,108
23,535
39,928
124,158
11,277
81,778
666
34,118
149,956.31
74,195.58
598,246.12
29,916.80
316,605.38
5,110.74
157,259.06
92
541
6
1,391
2
98
527
6
1,359
6,677
164,309
2,178
816,569
14
337
15
290
487
86,017
887
473
383,605
119.376
33
212
932
338
6
30
36
145
4
42
123
83
212
2
7
43
111
92
143
2
251
108
735
35
203
5
108
<9
i No report this year.
»Loss.
1933-34
1934-35
8,937 2,802,899 2,826,388 $10,727,505.33 $11,575,899.74 $1,375,307.86 $2,337,616.38
65
1
5
25
80
62
8
145
49
68
15
25
1934-35
(9
(9
tn
5,491
68,436
280
11,219
59,108
18,763
39,928
188,384.56
168.71
28,251. 60
78.45
969,463.24 1,109,580.70
677.92
467.86
644,803.49
672,452.67
82,211.82
88,406.94
356,875.26
292,949.97
186,673.95
»16,777. 54
206,959.60
8,596.89
20,422.08
117,643.21
77,240.18
6,877.77
166,123.44
43,769.72
99,999.32
28,690.55
2 5,615.03
13,583.59
20,693.18
3,228.86
»18,341.44
a 13,609.16
24,063.96
1,814.52
»3,520.06
2,578.94
21,340.88
77,240.18
1,472.09
21,407.33
9,500.09
24,224. 58
3,471.34
130,307. 65
112,475.33
624,004.88
35,634.42
354,566.76
4,701.53
165,612.62
51,823.48
71,878.34
198,301.46
2 7,829.95
22.802.58
2,422.84
5,460.65
32,183.93
96, 343.84
235, 683. 31
2 5,253.07
63, 570.43
888. 07
25,037.46
1,840.51
1,304.50
(9
2,157.75
425
24,523.04
25,818.79
7,054
836,621.23
874,864.87
155,216
11,381.82
13,173.51
806
873,143 2,256,779.79 2,558,744.58
2 434.96
5,766.14
a 13,449.49
4,503.93
473,035.05
2 684. 05
401. 20
4,974.20
129, 975. 35
3, 532. 25
548,759.80
3,555.39
450,154.62
829.95
33,561.82
1,109.86
88,096.75
415,292 1,939,376.89 2,040,703.57
656,444.62
127,706
634,233.29
483.00
226
34,140.40
10,246
30,488.54
86,989.88
6,277
80,897.18
249,050.97
58,108
228,075.29
37,946.14
2 2,819.71
219,175.81
19,487.02
52,859.43
212,264.94
13,864.20
297.05
4,650.45
7,143.48
83,076. 71
»481.38
2 97,446.65
217,113.94
3,687.89
2 27,707.11
40.75
»10,707.34
50,048. 61
11,465. 95
10,420. 50
(9
(9
594
89,062
299
10,151
49,205
19,167
17,770
119,638.98
144.79
2,405.70
426,284.72
422.60
48,363.36
307,944.75
62,766.54
165,253.10
1,032.26
(9
(9
1,167.62
27,039.91
306,718.15
68,537.18
126,259.25
1,060.28
(9
60,593.82
96.06
(9
(9
REPORT OF THE COMPTROLLER OF THE CURRENCY
177
School savings, by States, 1988-84 and 1934-85—Continued
T O T A L S - U N I T E D STATES
Number of
schools
1934-35 . .
1933-34
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
8,937
9,471
10,890
12,686
14,628%
14,610%
14,254%
13,835
12,678
11,371
10,163
9,080
6,868
4,785
3,316
2,736
Number participating
2,826,388
2,802,899
3,080,685
3,106,510
4,482,634
4,597,731
4,222,935
3,980,237
3,742,551
3,403,746
2,869, 497
2,236,326
1,907,851
1,295,607
802,906
462,651
Deposits
$11,575,899.74
10,727,505.33
10,332, 569. 55
17,680,364.92
25,977,216.41
29,113,063.48
28,672,496.00
26,005,138.04
23,703,436.80
20,469,960.88
16,961,560.72
14,991, 535.40
10,631,838.69
5,775,122.32
4,158,050.15
2,800,301.18
Net savings
$2,337,616.38
1,375,307.86
* 2, 315,252. 21
* 2, 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
> Loss.
EXPENSES OF THE CURRENCY BUREAU
The statement following shows the expenses incident to maintenance of the Currency Bureau and net income derived by the Government from taxes on national-bank notes, in the fiscal year ended
June 30, 1935:
Expenses incident to maintenance of Currency Bureau and net income derived by the
Government from taxes on national-bank notes, fiscal year ended June 80, 1985
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
_
Miscellaneous, rent, etc
Total general expenses..
Currency issues:
National-bank notes:
Paper
Printing, etc
_
Plates (reimbursed)
Federal-Reserve notes:
Paper
Printing, etc
Plates
Total currency issues
Expenses
reimbursed
by banks
Total ex-
$216,534.16
$47,333.77
55,839.91
607,867.56
$927,575.40
25,101.29
2,739.06
15,335.84
15,043.04
1,171.88
24,447.74
116,931.80
200,770.65
24,380.63
146,761.25
12,637.00
94,787.46
490,104.67
75,046.77
843,717.78
178
REPOKT 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, 1935—Con.
Expenses
paid from
appropriations
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
Insurance on shipments of national-bank notes
Insurance on shipments of Federal Reserve notes
Surcharge paid on consignments
Total expenses paid from appropriationsTotal expenses reimbursed by banks
Total expenses
Expenses
reimbursed
by banks
Total expenses
$2,762,810.06 $2,762,810.06
76,510.05
76,510.05
71,375.57
71,375.57
7,086.15
7,086.15
25,969.72
25,969.72
95,831. 40
95,831.40
i $416,688.27
4,594,958.51
5,011,646.78
Tax paid by national banks on circulating notes
_
$4,365,601.32
Total expenses of Currency Bureau paid from congressional appropriations* 416,688.27
Net income to Government from taxes on circulation
3,948,913.05
i Exclusive of $441,208.86 expenses incurred and paid from " Expenses, Emergency Banking, Gold Reserve, and Silver Purchase Acts, 1934-35."
Respectfully submitted.
J. F. T. O'CONNOR,
Comptroller of the Currency.
To the SPEAKER OF THE HOUSE OF REPRESENTATIVES.
APPENDIX
179
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 Barret.
Murray, Lawrence O
Williams, John Skelton..
Crissinger, D. R
Dawes, Henry M
Mclntosh, Joseph W
Pole, John W
O'Connor, J. F. T
May
Mar.
Feb.
Apr.
May
Apr.
May
Aug.
Apr.
Jan.
Oct.
Apr.
Feb.
Mar.
May
Dec
Nov.
May
9,1863
21,1865
1,1867
25,1872
12,1884
20,1886
1,1889
2,1892
26,1893
1,1898
1, 1901
28,1908
2,1914
17,1921
1,1923
20,1924
21,1928
11,1933
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. 27,1913!
Mar. 2,1921
Apr. 30.1923
Dec. 17.1924
Nov. 20,1928
Sept. 20,1932
May
Aug.
Mar.
Aug.
Jan.
Jan.
Aug.
Apr.
Mar.
Sept.
June
July
May
July
Jan.
July
July
Dec.
Jan.
9,1863
1,1865
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
Aug.
Jan.
Apr.
Jan.
Jan.
May
Mar.
Mar.
Aug.
June
Mar.
Feb.
Dec.
June
Nov.
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
Tucker, Oliver P .
Coffin, George M
Murray, Lawrence O
Kane, Thomas P
Fowler, Willis J
Mclntosh, Joseph W
Collins, Charles W
Stearns, E. W
Await, F. G
Gough, E. H
_
Proctor, John L
Lyons, Gibbs
-
i Term expired.
_,
_
_._
New York.
Ohio.
Minnesota.
New York.
Do.
Virginia.
Indiana.
Kentucky.
South Carolina.
New York.
District of Columbia.
Indiana.
Illinois.
Do.
Virginia.
Maryland.
Indiana.
Jan. 23,1933 Washington.
Georgia.
1,1865
31,1867
24,1872
3.1886
3.1887
25,1890
16,1893
11,1896
31.1898
27.1899
2,1923'
14,1927
19,1924
30.1927
30.1928
2 Died Mar. 2,1923.
TABLE NO. 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. 31, 1935
Name
Gross, Clyde E
Kane, William A
_
Marble, George R
Bentley, Thomas B_
Offutt, William F
Verrill, Harry M
Tucker, Samuel M
Reese, William H
Bock, CarL___
___.
Herndon, John W
Basinger, Walter S
Tylor, Gertrude I
O'Mara, Vera L
Reed, S. E____
Whelan, Marjorie B
Furbershaw, Miriam
Horsey, Olga S
Heizer, Helen V
Harris, John E
Lovelly, Laura F__
Andrews, Ettie F
Haley, John R
34335—36
Salary
Designation
$3,800
3,500
3,500
3,200
2,900
2,900
2,800
2,700
2,700
2,700
2,500
2,500
2,400
2,400
2,400
2,300
2,300
2,300
2,200
2,160
2,040
2,040
Administrative assistant
Senior administrative assistant..
.do.
.doJunior administrative assistant..
do
do
do
Principal clerk.
do.
do.——
.....do
Senior clerk.
.doSenior clerk-stenographer..
Principal clerk
do..
Senior clerk.
.....do
Clerk
.—do
do
181
182
KEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. 31, 1935—Continued
Designation
Name
O'Brien, May F
Treuthart, Hubert.
Gorham, W. Abbott
Haygood, Ethel—
KiDg, Dorothy C
Friedrichs, Minna K
._
Mortimer, Mary H
Smith, Helen M
_
Jamieson, William G
Henderson, Virginia D —
Bales, Anna S
_
Buckley, Regina C
Chisholm, Elizabeth
Colburn, Nellie A
Hopkins, Edna I
Magruder, Edith P._
McKinney, Elva L
Nolan, Lida A
Schiller, Ernestine H
Walker, Johanna S_
Watts, Metta F
Dodge, Victor H
Beall, Clara M
Fox, Bessie E
_
Barksdale, George T
_
Crocker, Henry A. D
Haymon, N . Mabel
Smith, Clara E
_
Tschiffely, Lacey B. R
Sazama, Alice R . .
_
Baldwin, Wallace N
_
Hewson, Ella..
Jorgenson, John A . .
Brannock, Burneta..Canavan, Josephine M
Croson, Maud B
McFadden, Arthur M.__
Quackenbush, Dorothy S
Shaffer, Dorothy L
Smith, Mabel W . . .
Wilson, Mildred C
_
Wolfe, Alice M
Ford, Ethel D.._
_
Gorham, Eloise H
Parsons, Ruth.
_
Ethridge, Elsie E
Joyce, Atha-Lane
Shea, Catherine L
Hurd, Agnes E
__
Dailey, William..
_
Glenn, Frances Moncure
O'Donnell, Josephine A
Dent, Mary J
Harleston, Catherine
Spring, Mildred A
Chamberlain, Robert J
Parsons, Edith N
Taylor, Mathilda S—
Frock, Annie C
Kemether, Eva C—
Grossman, Albert F
Shely, Myrtle B
White, Grace M
Murtaugh, Ruth A
Brown, Edith L .
_...
Wood, Kathleen
Curtin, Anna E
Snoddy, Ralph D .
_
Dillon, Minnie L._
Marks, Grace J
Sheward, Adelaide H
Reese, Aline
__
Rob rts, Victoria
_
W h i t m a n , Edgar
_
_
Gervais, Gladys E
DuRant, Anna K
Settle, May C. W
Cover, Thomas A
Mims, Alvin E
Lipkovitz, Israel S
Schaff, Boyd F
Doucet, Eva C
_ Clerk.
Senior clerk...
Senior clerk-stenographer. .
do..
Clerk-stenographer
Assistant clerk..
_
Clerk-stenographer
Assistant clerk
Senior operator, office devices..
Clerk-stenographer
Assistant clerk
_
do
__
..do..
..do..
-do..
..do_
_do_
_do_do...
. d oo -do..
Assistant clerk-stenographer..
Head typist
___
Clerk-stenographer
__^._._. Assistant clerk__
_
do
-do..
-do..
-do_. Assistant clerk-stenographer_.
Junior clerk
do__
doAssistant clerk.
_
.do
.do
-do__
-do-do..
_
._
__
_
_
_
_
_..
.__
_.,
-do_.
-doAssistant clerk-stenographer..
do
do
Senior stenographer.do
.doSenior operator, office devices.
Junior clerk
.do..
.do
Assistant clerk,
doSenior operator, office devices..
Junior operator, office devices.
Senior typist
Junior clerk
Counter clerk
Junior operator, office devices.
Junior clerk-typist
do
_
.....do
Junior stenographer..
Junior clerk
doUnder clerk
do
Money counter..
do..
Junior clerk
Money counter..
do..
Messenger
Counter clerk...
Money counter,
.doMessenger
do
Underclerk
do
Money counter.
Salary
$2,040
2,000
2,000
2,000
1,980
1,980
1,920
1,920
1,920
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
],860
1,860
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
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,680
1,680
1,680
1,680
1,620
1,620
1,620
1,560
1,560
1,560
1,560
1,560
1,560
1,560
1,560
1,560
1,560
1,560
1,500
1,500
1,500
1,500
1,440
1,440
1,440
1,440
1,440
1,380
1,380
1,380
183
KEPORT OF THE COMPTROLLER OP THE CURRENCY
TABLE NO. 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency^ Oct. 31, 1935—Continued
Designation
Name
Salary
Money counterMessenger
do.__
do
Senior laborer...
Underclerk
Money counter.
do.
.do
Messengerdo
.do.
_do.
.do.
.do.
-do-
Simber, Marie C
Blount, Joseph T
Carroll, John I
Jones, George S_
Thompson, Frank
Mann, Harry C
Davis, Barbara..
Hornbach, Barbara J .
Thomas, Ellen M
Berkley, Guy H
Hill, Edgar W
Jackson, Hamp.
Barrett, Lester J
Moore, Frederick S_._
Tillman, Melvin
Jackson, Emmitt G—
ll, 380
1,380
1,380
1,380
1,380
1,320
1,320
1,320
1,320
1,320
1,320
1,320
1,260
1,260
1,260
1,200
TABLE NO. 3.—Number of national banks organized since Feb. 25, 1863, number
passed out of the system, and number in existence Oct. 31, 1935
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
_
._
-
456
9,127
10
4, 752
-
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 receivers 1
Total number passed out of the system
Number now in existence
5,537
208
393
_. 2,776
-..
14,345
8,914
-
__ 5,431
* Exclusive of those restored to solvency.
TABLE NO. 4.—Authorized capital stock of national banks on the 1st day of each
month from Jan. 1, 1931, to Nov. 1, 1935, 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
[For prior years see annual reports 1920 and 1931]
Date
January
February
March
April
MayJune
July
August
September
October
November
December
1931
_.
1932
January
February
March
April
May
June
July
August
September
October
November
Digitized forDecember
FRASER
NumUnited
Circulation
ber of
Authorized States bonds secured
banks capital stock, on deposit by United
in existcommon
States
to secure
ence
bonds
circulation
7,144 $1, 737,079, 668 $668, 550,850 $667,078,250
7,097 1, 732,131,068 666,204, 350 664,451, 097
7,049 1, 728,321,068 667,434,800 664, 220, 805
7,004 1, 725,826, 068 667,982, 300 666,682,898
1, 724, 821,068 668, 503, 700 666, 770,878
6,937 1, 718,432,146 6*67,419,300 665,889,6£8
6,886 1, 713,822,146 667,154,800 665, 591, 438
6,841 1, 709, 282,146 668, 305,100 666, 594, 576
6,790 1, 705,277,146 667,950,100 666,020, 536
6,744 1,697, 752,146 667,098, 590 665, 271,853
6,619 1, 660, 760,146 665, 255,340 665,182, 578
6,564 1,633,380, 350 660,625,090 658,491, 916
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
1,635,615,265
1,608,392, 765
1,605, 062, 765
1,602,337,815
1, 598,067,815
1, 589,685,815
1,576, 995,815
1, 574, 254, 815
1, 571, 709,825
1, 645, 519,825
1,641,824,825
666,474, 590
660,409, 240
664, 944,440
667,669,240
668,882,490
669,827, 590
670,487, 590
672, 408,440
733,600,490
780, 377,630
799, 672. 590
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
Lawful
money on
deposit to
redeem
circulation
Total
nationalbank notes
outstanding
$31, 358, 445 $698, 436, 695
31,939, 068 696, 390,165
33, 892, 703 695, 113, 508
32, 566,685 699, 249, 583
31, 278,173 698, 049,051
30, 709,438 696, 599,126
31, 413,008 697,004, 446
31, 911, 240 698,505,816
32, 239, 745 698,260,281
32,861, 923 698,133, 776
33,826,453 699,009,031
43,896,465 702,388,381
45,813, 585 710,611,896
61,183,878 715, 764,616
67, 238, 875 732, 377,223
71,700,685 737,939, 263
71, 523,840 737,996,081
70, 036,500 738,616,923
67,103,868 736,674,213
66, 046,173 733,877, 423
63, 576, 840 783, 406,353
62,191,678 832,022, 785
75,161, 955 863, 075, 90O
79,848, 287 875,880,908
184
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, 1981, to Nov 1, 1935, 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—
Continued
NumUnited
Circulation
ber of
Authorized States bonds secured
banks capital stock, on deposit by United
in existcommon
to secure
States
ence
bonds
circulation
Date
January
February
March
April
May
June
July
August
September
October..
November
December
January
February
March
April
May
June
July
August
September
October..
November
December
January
February
March
April
May
June
July
August
September
October
November
1933
1934
1935
Lawful
money on
deposit to
redeem
circulation
Total
^nationalbank notes
outstanding
6,049 $1,640,249,825 $796,908,870 $786, 734,150
5,999 1,630, 569,825 796,069, 670 786, 034,870
5,964 1,624, 864,825 806,026,070 800,885, 900
5,953 1, 629,060,825 885,871,740 875, 820,165
5,944 1,631,738, 325 899, 410, 240 893,199, 238
5,941 1,599,853,325 897, 952, 290 864, 590,423
5,946 1, 597,369, 675 856, 394, 230 853, 935, 968
5,940 1, 602,829, 625 852, 529,890 848, 207, 263
5,914 1,597, 612,625 855,781,930 851, 509,995
5,884 1, 596,967, 825 857,210, 430 852,464,810
5,799 1, 587, 047,825 852, 631,430 849, 453, 595
5,767 1,579,965,325 859,736,430 853,937,995
$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
107,333,292
$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
961, 271,287
5,741
5,716
5,711
5,692
5,665
5,644
5,633
5,631
5,623
5,605
5,589
5,567
1,522,213,691
1,464,908,691
1,456, 298,691
1,400,231,941
1,380,092,141
1,370,361,941
1,354,103,741
1,346,791,241
1,340,182, 741
1,333, 617,051
1,326,730,901
1,321,202,581
890,136,780
890,191,530
887,005,520
847,058,170
799,699,770
750,869,320
736,948,670
718,150,910
707,112,660
700,112, 950
696,720,650
690,752,650
885,835,678
886,086,290
884,147,835
840,848,330
791,996,353
743,980, 298
729,973,968
713,013,985
702,209,638
694,482,633
692,796,653
686,236,828
101,678,700
99,508,223
100,489,113
140,699, 333
182,152,445
219,211,255
224,720,785
228,770,240
226,778,812
223,506,135
214,595,435
212,667,960
987,514,378
985,594, 513
5,550
5,526
5,513
5,495
5,486
5,471
5,463
5,450
5,443
5,434
5,431
1,315,242,331
1,310,689, 731
1,302, 376, 231
1,298,834,231
1,296, 614, 981
1,294,345,481
1,292,654,881
1, 282,429, 381
1,280, 972,881
1,278,478,881
1, 261,316,181
684,354,350
677,472,540
657, 937,080
478,777,490
330, 642,140
283,529, 370
233,933,870
15,986,870
900,000
600,000
600, 000
678,808, 723
671,167,407
653,340,478
430,477,187
271,360,682
244,006,952
220,580,430
13,984, 735
600,000
600,000
600,000
209,127,752 887,936,475
205,204, 723 876, 372,130
214, 371, 617 £67, 712,095
418, 780,298 849, 257,485
553,161,838
824,522,520
550, 975,223 794, 982,175
548, 515,215 769,095,645
735,754, 750 749, 739,485
618,311,862
618,911,862
572,428, 022 573,028,022
529,121,057 529, 721,057
981,547,663
974,148,798
963,191,553
954,694,753
941,784,225
928,988,450
917,988,768
907,392,088
898,904,788
NOTE.—Notes redeemed but not assorted not included in circulation outstanding.
NOTE.—New series of notes included since July 1929.
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1934 to Oct.
31, 1935, the names, where known, of succeeding banks in cases of succession
with date of liquidation and capital
Name and location of bank
The City National Bank of David City, Nebr. (3934), succeeded by The City
National Bank in David City.
.—
The Cliffside Park National Bank, Cliffside Park, N . J. (11618), succeeded by
The United National Bank of Cliffside Park...
The First National Bank of Newfield, N . J. (12145), succeeded by First National Bank in Newfield
The First National Bank of Sykesville, Pa. (7488), succeeded by First National Bank in Sykesville
_
The First National Bank of White Deer, Tex. (11647), succeeded by The Farm
ers National Bank of White Deer
_
The Oberlin National Bank, Oberlin, Kans. (4642), absorbed by Decatur
County National Bank of Oberlin
The First National Bank of Carlyle, Dl. (5548), succeeded by The First National Bank in Carlyle
The Citizens National Bank of Poultney, Vt. (9824), succeeded by The Poultney National Bank
i Includes $100,000 preferred capital stock.
Date of
liquidation
Capital
Nov. 4,1934
$50,000
Nov. 1,1934
100,000
Oct.
1,1934
50,000
Oct. 23,1934
25,000
Nov. 2,1934
45,000
Oct. 30,1934
50,000
Oct. 25,1934
i 150,000
Nov. 2, 1934
50,000
EEPOET OF THE COMPTROLLEB OF THE CURRENCY
185
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1984, to Oct.
31, 1935, the names, where known, of succeeding banks in cases of succession,
with date of liquidation and capital—Continued
Name and location of bank
First National Bank in Hartford, Ark. (11830), absorbed by The City National Bank of Fort Smith, Ark
The Grange National Bank of Spartansburg, Pa. (9110), absorbed by National
Bank of Union City, Pa
The First National Bank of Greenwood, Ind. (8422)
The Snyder National Bank, Snyder, Tex. (7635), succeeded by Snyder National Bank..
_
_
._
The First National Bank of Princeton, Minn. (7708)
The First National Bank of Marble, Minn. (11608), absorbed by The First
National Bank of Coleraine, Minn.
The Farmers and Merchants National Bank of Rensselaer, Ind. (11470), succeeded by Farmers & Merchants National Bank of Rensselaer
The First National Bank of Waycross, Ga. (4963), succeeded by First National
Bank in Waycross
—
The First National Bank of Dardanelle, Ark. (11276), absorbed by Bank of
Dardanelle
_
_..
The Oil City National Bank, Oil City, Pa. (5240), succeeded by Oil City National Bank
The First National Bank of Fort Kent, Me. (11403), succeeded by The First
National Bank in Fort Kent
The Commercial National Bank of San Antonio, Tex. (12162), succeeded by
Bexar County National Bank of San Antonio
_
The First National Bank of New England, N. Dak. (9776), absorbed by Citizens State Bank of New England
The First National Bank of Arcade, N. Y. (10410), absorbed by Citizens Bank
of Arcade
_
The City National Bank of Eidge Farm, 111. (8630)
The National Bank of America at Pittsburgh, Pa. (2261), succeeded by National Bank of America in Pittsburgh.
_
_
The National Bank of Covington, Ind. (13082), absorbed by The Fountain
Trust Company of Covington
_
Worcester County National Bank of Worcester, Mass.2 (7595), absorbed by
Worcester Bank & Trust Company
The Codorus National Bank of Jefferson, Pa. (post office, Codorus, Pa.)
(9660), succeeded by Codorus National Bank in Jefferson
__.
_.
Second National Bank of Barre, Mass. (13386), absorbed by Worcester Bank
& Trust Company, Worcester, Mass
_
_
North Brookfield National Bank, North Brookfield, Mass. (13387), absorbed
by Worcester Bank & Trust Company, Worcester, Mass
Spencer National Bank, Spencer, Mass. (13394), absorbed by Worcester Bank
& Trust Company, Worcester, Mass
_._
_
The First National Bank of Paris, Ark. (11592), succeeded by The First National Bank at Paris
The First National Bank of Luray, Kans. (10065), absorbed by Waldo State
Bank, Waldo, Kans
_
The First National Bank of Bison, S. Dak. (13477), absorbed by First National Bank in Lemmon, S. Dak_
The First National Bank of Koppel, Pa. (11938), succeeded by First National
Bank at Koppel
_
The Prange National Bank of New Douglas, 111. (13696), absorbed by The
Mount Olive National Bank, Mount Olive, 111
.-.
The First National Bank of Le Mars, Iowa (2728), succeeded by First National
Bank in Le Mars
._
.-.
The National Bank of West, Tex. (8239), absorbed by The State National
Bank in West
_
The Peoples National Bank of Delta, Pa. (5198), succeeded by The Delta National Bank
___
_
_
The Exchange National Bank of Marietta, Pa. (10707), succeeded by Exchange
National Bank in Marietta
First National Bank of Sulphur Springs, Tex. (13653), absorbed by Sulphur
Springs State Bank
The First National Bank of Blackwell, Okla. (5460), succeeded by First National Bank in Blackwell
The First National Bank of New Bremen, Ohio (7851), succeeded by First
National Bank in New Bremen
The Macomb National Bank, Macomb, 111. (9169), absorbed by The Union
National Bank of Macomb
First National Bank in Oakland, Calif. (12665), absorbed by The Anglo
California National Bank of San Francisco, Calif
The Economy National Bank of Ambridge, Pa. (13087), succeeded by Economy Bank of Ambridge
The First National Bank of Garretson, S. Dak. (7755), absorbed by First
National Bank in Garretson
_
The Northern California National Bank of Redding, Calif. (10100), absorbed
by The Anglo California National Bank of San Francisco, Calif.
The Narberth National Bank, Narberth, Pa. (12595), succeeded by The
National Bank of Narberth
With 3 branches in Worcester and 1 other than local in Fitchburg.
Date of
liquidation
Capital
Nov. 8,1934
$25,000
Nov. 13,1934
Aug. 29,1934
25,000
25,000
Nov. 13,1934
Nov. 8,1934
100,000
50,000
Oct. 22,1934
do——..
Nov. 8,1934
25,000
75,000
200,000
Oct. 29,1934
25,000
Nov. 24,1934
300,000
Oct. 31,1934
65,000
Nov. 20,1934
300,000
1,1934
25,000
Nov. 21,1934
M a y 19,1934
Oct.
50,000
25,000
Nov. 19,1934
200,000
Oct. 23,1934
50,000
Nov. 10,1934
2,790,250
Dec. 1,1934
25,000
Nov. 10,1934
50,000
do
25,000
do
100,000
Aug. 15,1934
80,000
July 31,1934
40,000
Nov. 17,1934
25,000
Nov. 16,1934
50,000
Nov. 10,1934
25,000
Sept. 27,1934
100,000
9,1934
50,000
Dec. 12,1934
50,000
Nov. 28,1934
50,000
Oct.
Dec. 3,1934
50,000
Nov. 24,1934
100,000
Dec. 7,1934
50,000
Dec. 15,1934
100,000
Dec. 6,1934
500,000
Apr. 14,1934
100,000
Dec. 14,1934
25,000
Dec. 11,1934
100,000
Dec. 21,1934
60,000
186
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 5.—National banks reported in liquidation from Nov. 1, 1934, to Oct.
31, 1936\ 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 Staunton, 111. (10173), succeeded by The First
National Bank in Staunton
_
The Bartlett National Bank, Bartlett, Tex. (7317)
The First National Bank of Brea, Calif. (11962), absorbed by Oilfields
National Bank in Brea
The First National Bank of Pierre, S. Dak. (2941), succeeded by First
National Bank in Pierre
_
The National Deposit Bank of Owensboro, Ky. (4006), succeeded by The
National Deposit Bank in Owensboro
The Morrow National Bank, Morrow, Ohio (8741), absorbed by The First
National Bank of Morrow
The Melissa National Bank, Melissa, Tex. (10008)
First National Bank in Condon, Oreg. (14241), absorbed by The First
National Bank of Portland, Oreg
_
_
First National Bank in Glendale, Calif.< (10412), succeeded by First National
Bank at Glendale
_
The First National Bank of Tonganoxie, Kans. (12821), succeeded by The
First State Bank of Tonganoxie
_
The National Bank of Commerce of Lorain, Ohio (5371), succeeded by The
National Bank of Lorain—
The First National Bank of Wymore, Nebr. (4210), succeeded by The Wymore National Bank
The First National Bank of Hanover, Kans. (11811)
The Citizens-First National Bank of Pawhuska, Okla. (13527), succeeded by
National Bank of Commerce in Pawhuska
The First National Bank of Geyser, Mont. (10952)
The National Bank of Commerce of Pawhuska, Okla. (12212), succeeded by
National Bank of Commerce in Pawhuska
The First National Bank of Indian Head, Pa. (12326), absorbed by The
National Bank and Trust Company of Connellsville, Pa
The Liberty National Bank of Ellsworth, Me. (3804), succeeded by The
Liberty National Bank in Ellsworth
First National Bank in DeKalb, Tex. (12287), succeeded by First National
Bank at DeKalb
_
_
The Keokuk National Bank, Keokuk, Iowa (1992), succeeded by Keokuk
National Bank.
The Northfield National Bank, Northfleld, Mass. (13172), absorbed by First
National Bank & Trust Company of Greenfield, Mass
The First National Bank of Makoti, N. Dak. (11184), absorbed by Reservation State Bank, Makoti
_
__
City National Bank in Childress, Tex. (12672), absorbed by The First
National Bank in Childress
_
___
Stockyards National Bank of Fort Worth, Tex. (6822), absorbed by The
Fort Worth National Bank
_
The National Mount Wollaston Bank of Quincy, Mass. (517), succeeded by
Norfolk County Trust Company, Brookline, Mass.
__.
The Staunton National Bank, Staunton, 111. (10777), succeeded by The First
National Bank in Staunton.
_
The Dedham National Bank, Dedham, Mass. (12567), succeeded by Norfolk
County Trust Company, Brookline, Mass
The Stockmens National Bank of Cotulla, Tex. (7243), succeeded by Stockmens National Bank in Cotulla
First National Bank in St. Marys, Ohio (14132).
JThe Scottsville National Bank, Scottsville, Va. (5725), absorbed by National
Bank and Trust Company at Charlottesville, Va
The First National Bank of Moline, Kans. (7318), succeeded by Exchange
State Bank, Moline
The First National Bank of Carteret, N. J. (8437), succeeded by First
National Bank in Carteret
The Montpelier National Bank, Montpelier, Vt. (857), succeeded by Montpelier National Bank
_.
The First National Bank of Gastonia, N. C. (4377), succeeded by National
Bank of Commerce of Gastonia
The First National Bank of Eagle Bend, Minn. (6266), succeeded by Citizens
State Bank of Eagle Bend
The First National Bank of Iron River, Mich. (8545), succeeded by The Iron
River National Bank.__
The Farmers & Merchants National Bank of Headland, Ala. (11445)
The First National Bank of Camden, Ohio (8300), succeeded by First
National Bank in Camden.
The Caspian National Bank, Caspian, Mich. (11802), succeeded by The Iron
River National Bank, Iron River, Mich.,.
_
_
The First National Bank of Osmond, Nebr. (13101)
The First National Bank of Newberg, Oreg. (7537), absorbed by United
States National Bank of Newberg
_
3
Includes $25,000 preferred Capital Stock.
« With one branch in Glendale.
«Includes $200,000 preferred capital stock.
« Includes $50,000 preferred capital stock.
7 Includes $30,000 preferred capital stock.
Dateof
liquidation
Dec. 18,1934
Capital
$50,000
100,000
Dec. 27,1934
25,000
Aug. 26,1934
50,000
Dec. 31,1934
325,000
Nov. 7,1934
Dec. 31,1934
25,000
25,000
Dec. 27,1934
»50,000
Dec. 22,1934
200,000
Dec. 17,1934
25,000
Dec. 22,1934
150,000
Dec. 29,1934
50,000
25,000
Dec. 24,1934
Jan. 7,1935
Jan. 8,1935
Jan.
5,1935
Jan.
100,000
25,000
50,000
8,1935
25,000
July 19,1933
150,000
Jan.
8,1935
100,000
Jan.
9,1935
150,000
Jan.
8,1935
25,000
Jan. 14,1935
25,000
Dec.do31,1934
100,000
.....do
200,000
do
«400,000
Jan. 21,1935
Dec. 31,1934
Jan.
8,1935
50,000
« 150,000
75,000
7 60,000
Jan. 25,1935
50,000
Jan. 22,1935
25,000
Dec. 10,1934
100,000
Jan. 16,1935
150,000
Jan. 29,1935
500,000
Jan. 25,1935
25,000
Feb. 2,1935
June
Feb.
Feb.
June
Sept.
16,1934
7,1935
11,1935
16,1934
29,1934
Jan. 23,1935
100,000
60,000
50,000
25,000
25,000
50,000
KEPOKT OP THE COMPTROLLER OF THE CURRENCY
187
TABLE N O . 5.—National banks reported in liquidation from Nov. 1, 1934 to Oct.
31, 1935, the names, where known, of succeeding banks in cases of succession,
with date of liquidation and capital—Continued
Name and location of bank
The Hardin County National Bank of Eldora, Iowa (9233), succeeded by
Hardin County National Bank in Eldora
The National Bank of Dodge County at Kasson, Minn. (10580), succeeded
by Kasson State Bank
National Farmers Bank of Kasson, Minn. (11042), succeeded by Kasson State
Bank
The Shenandoah National Bank of Woodstock, Va^ (5449), succeeded by
Shenandoah County Bank & Trust Company, Woodstock
The Peoples National Bank of Rochester, Pa. (7749), absorbed by The First
National Bank of Rochester
The Massanutten National Bank of Strasburg, Va. (8753), succeeded by
Massanutten Bank of Strasburg
The First National Bank of Browerville, Minn. (7227), succeeded by The Lee
State Bank, Browerville
The First National Bank of Dolton, 111. (8679), succeeded by The First National Bank in Dolton
The First National Bank of Glidden, Iowa (4814), succeeded by The First
National Bank in Glidden
The Citizens National Bank in Brownwood, Tex. (13588), succeeded by
Citizens National Bank at Brownwood
The First National Bank of Shawano, Wis. (5469), succeeded by Shawano
National Bank
The First National Bank of Hitchcock, Okla. (12088), absorbed by Watonga
State Bank, Watonga, Okla
First National Bank in Derry, Pa. (12912)
The First National Bank of Carson, N. Dak. (13454), absorbed by The First
National Bank of Mandan, N. Dak
The First National Bank of Hanford, Calif. (5863), absorbed by The Anglo
California National Bank of San Francisco, Calif
The First National Bank of Coachella, Calif. (10292), succeeded by The First
National Bank in Coachella
The American National Bank of Wetumka, Okla. (7724), succeeded by
American National Bank in Wetumka
The Towanda National Bank, Towanda, Kans. (12935), succeeded by The
Towanda State Bank
The First National Bank of Fruita, Colo. (8840), absorbed by First National
Bank in Grand Junction, Colo
The First National Bank of Hoboken, N. J. (1444), absorbed by The First
National Bank of Jersey City, N. J._
The Twin Cities National Bank of St. Paul, Minn. (11741), absorbed by The
Midway National Bank of St. Paul
State National Bank of Alpine, Tex. (12289),. absorbed by The First National
Bank of Alpine
:
1
Lackawanna National Bank, Lackawanna, N. Y. (6964), absorbed by The
Marine Trust Company of Buffalo, N. Y
The Home National Bank of Longtoc, Kans. (9911), succeeded by The Home
State Bank, Longton
Drovers National Bank in Kansas City, Mo. (12794), absorbed by The InterState National Bank of Kansas City
The East Side National Bank of Buffalo, N. Y. (13220), succeeded by The
Lincoln-East Side National Bank of Buffalo
San Jose National Bank, San Jose, Calif. (13338), absorbed by The Anglo
California National Bank of San Francisco, Calif
The First National Bank of Albany, Mo. (7205)
The Crocker National Bank of Turners Falls, Mass. (2058), absorbed by
First National Bank & Trust Company of Greenfield, Mass
The First National Bank of Cambridge, Minn. (7428), absorbed by Peoples
State Bank of Cambridge
Peoples-First National Bank of Quitman, Ga. (7994), succeeded by The
Citizens National Bank of Quitman
The First National Bank of Park City, Utah (4564), absorbed by First Security Bank of Utah, National Association, Ogden, Utah
The Redfield National Bank, Redfield, S. Dak. (6256), absorbed by First
National Bank of Aberdeen, S. Dak
The First National Bank of Groton, S. Dak. (7885), absorbed by First National Bank of Aberdeen, S. Dak
The First National Bank of Golconda, 111. (7385), succeeded by First National
Bank in Golconda
The Ansted National Bank, Ansted, W. Va. (8904), succeeded by The National Bank of Ansted
The First National Bank of Salem, W. Va. (7250), succeeded by First National Bank at Salem
The Phelps National Bank, Phelps, N. Y. (9839), succeeded by The National
Bank of Phelps
The First National Bank of Madera, Calif. (7338), succeeded by First National Bank in Madera
s Includes $32,500 preferred capital stock.
• Includes $100,000 preferred capital stock.
10
Includes $50,000 preferred capital stock.
Date of
liquidation
Feb. 14,1935
Feb.
4,1935
Capital
$50,000
30,000
40,000
do
Feb. 23,1935
30,000
Feb. 18,1935
50,000
Feb. 23,1935
50,000
Feb. 2,1935
25,000
Feb. 23,1935
50,000
Feb. 28,1935
50,000
Mar. 4,1935
100,000
Feb. 27,1935
100,000
.doJan. 14,1935
25,000
50,000
Feb. 25,1935
25,000
Mar. 1,1935
150,000
Feb. 15,1935
25,000
Mar. 1,1935
25,000
Jan. 11,1935
25,000
Feb. 23,1935
25,000
Mar. 19,1935
625,000
Feb. 15,1935
100, 000
Dec. 15,1934
50,000
Dec. 31,1934
200,000
Mar. 25,1935
25,000
Mar. 15,1935
600, 000
Mar. 7,1935
300,000
Mar. 28,1935
Apr. 1,1935
500, 000
30,000
Mar. 22,1935
100,000
Feb. 27,1935
50, 000
Mar. 15,1935
100, 000
Feb.
9,1935
8 82,500
Apr.
1,1935
9 120, 000
do.
i° 75, 000
Mar. 25,1935
50,000
Feb. 28,1935
35,000
Apr.
3,1935
60,000
Apr.
1,1935
50,000
Mar. 27,1935
125,000
188
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 5.—National banks reported in liquidation from Nov. 1, 1934, to Oct.
81, 1936', the names, where known, of succeeding banks in cases of succession,
with date of liquidation and capital—Continued
Date of
liquidation
Name and location of bank
First National Bank in Washington ville, N. Y. (13545), succeeded by Central
National Bank of Washingtonville
_._
_
The First National Bank of Jerome, Pa. (12029).
The National Bank of Commerce of Hollis, Okla. (10240), absorbed by First
State Bank and Trust Company of Hollis...The First National Bank of Ogden, Iowa (11604)
The First National Bank of Montgomery, Minn. (11215)
Labor National Bank of Paterson, N. J. (12560), succeeded by National Union
Bank in Paterson—
_-..
The First National Bank of Durant, Okla. (5129), succeeded by The First
National Bank in Durant
The First National Bank of Rolla, N. Dak. (6157), absorbed by Rollette
County Bank of Rolla
.
The First National Bank of Hominy, Okla. (7927), absorbed by The National
Bank of Commerce of Hominy
The First National Bank of Pampa, Tex. (9142), succeeded by First National
Bank in Pampa
__.
.__
.,
The Nebraska National Bank of Alliance, Nebr. (13617), absorbed by Alliance
National Bank
The First National Bank of Percy, 111. (7627), absorbed by First State Bank
of Chester, 111
The First National Bank of Roy, N. Mex. (11958), absorbed by The FirstAmerican National Bank in Tucumcari, N. Mex
The First National Bank of Aurelia, Iowa (7108), succeeded by The First
Trust & Savings Bank of Aurelia
_
First National Bank in Bakersfield, Calif." (10357), absorbed by The Anglo
California National Bank of San Francisco, Calif
._
The First National Bank of Sylvester, Tex. (12684), absorbed by Roby State
Bank, Roby, Tex
The Fairfield American National Bank, Fairfield, Ala. (11766), absorbed by
The First National Bank of Birmingham, Ala
The First National Bank of Leola, S. Dak. (13459), absorbed by Aberdeen
National Bank & Trust Company, Aberdeen, S. Dak
The First National Bank of Lemoore, Calif. (7779), absorbed by The Anglo
California National Bank of San Francisco, Calif
_
The Woodlawn-American National Bank of Birmingham, Ala. (13358),
absorbed by The First National Bank of Birmingham
_
The First National Bank of Fort Lee, N. J. (8874), succeeded by First National Bank in Fort Lee
The First National Bank of Matador, Tex. (11002), absorbed by First State
Bank of Matador. _.
_
—
The Tompkins County National Bank of Ithaca, N. Y. (1561), absorbed by
Ithaca Trust Company
The Farmers National Bank of Aledo, 111. (9649), succeeded by National Bank
of Aledo
The First National Bank in Farmersville, Tex. (13277), succeeded by First
National Bank at Farmersville
The First National Bank of Abingdon, Va.i« (5150), succeeded by The Washington County National Bank of Abingdon
...
First National Bank of Wauwatosa, Wis. (8689), succeeded by The First
National Bank in Wauwatosa
_
The First National Bank of Paul, Idaho (11736), absorbed by The First
National Bank of Idaho, Boise, Idaho
._.
The Leeds-American National Bank, Leeds, Ala. (13359), absorbed by The
First National Bank of Birmingham, Ala
The Citizens National Bank of Eureka, Kans. (5655), succeeded by The Citizens National Bank in Eureka
_
The Citizens National Bank of King City, Mo. (6383)
The First National Bank of Randolph, Nebr. (7421), succeeded by First
State Bank of Randolph
The First National Bank of Knapp, Wis. (11245), absorbed by The First
National Bank of Baldwin, Wis
The Tempe National Bank, Tempe, Ariz. (5720), absorbed by The Phoenix
National Bank, Phoenix, Ariz
The Farmers and Merchants National Bank of Onley, Va. (7258), succeeded
by Farmers & Merchants National Bank in Onley
:
The Claxton National Bank, Claxton, Qa. (14243), succeeded by Claxton
State Bank
_
The First National Bank of Loma Linda, Calif. (13332), absorbed by The
American National Bank of San Bernardino, Calif
The Amarillo National Bank, Amarillo, Tex. (4710), succeeded by Amarillo
National Bank
*The First National Bank of Banning, Calif. (9459), absorbed by The Citizens
National Trust and Savings Bank of Riverside, Calif
The First National Bank of Worden, 111. (10669)
ii Includes $25,000 preferred capital stock.
" Includes $25,000 preferred capital stock.
" Includes $5,000 preferred capital stock.
»* With 1 branch at Bakersfield.
Capital
Mar. 18,1935
Apr. 15,1935
$50,000
"50,000
Mar. 21,1935
Apr. 16,1935
Apr. 29,1935
30,000
" 50,00C
13 30,000
Mar. 16,1935
300,000
Apr. 24,1935
100,000
Apr. 23,1935
40,000
May 2,1935
50,000
Apr. 15,1935
50,000
Apr. 20,1935
100,000
Mar. 30,1935
25,000
Apr.
25,000
1,1935
May 11,1935
25,000
May 6,1935
500,000
June 18,1934
35,000
May 9,1935
100,000
May 13,1935
25,000
May 14,1935
150,000
May 8,1935
100,00O
Apr. 30,1935
100,000
May 1,1935
30,000
May 28,1935
200,000
May 18,1935
65,000
Jan. 28,1935
25,000
Apr. 16,1935
200,000
May 18,1935
100,000
June 1,1935
25,000
May 10,1935
25,000
June 1,1935
June 17,1935
50.000
50,000
June 29,1935
50,000
2,1935
25,000
June 29,1935
50,000
July
June 20,1935
July
1,1935
50,000
i« 50,000
June 11,1935
50,000
Apr. 3,1935
100,000
17 50,000
July 5,1935
July 18,1935
25,000
»6 With 1 branch at Abingdon.
1 Includes $30,000 preferred capital stock.
17 Includes $20,000 preferred capital stock.
189
EEPOET OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1934, to Oct.
31, 1985, the names, where known, of succeeding banks in cases of succession,
with date of liquidation and capital—Continued
Date of
liquidation
Name and location of bank
The United States National Bank of Eugene, Oreg. (10345), absorbed by The
United States National Bank of Portland, Oreg
The City National Bank of Olney, Tex. (12676), absorbed by The First
National Bank of Olney
The First National Bank of Chickasha, Okla. (5431), absorbed by Oklahoma
National Bank of Chickasha
The San Marino National Bank, San Marino, Calif—
First National Bank of Boonville, Ind. (10613), succeeded by Boonville
National Bank
The National Bank of Wyoming, 111. (6629), succeeded by The First National
Bank in Wyoming
The First National Bank of Belle Plaine, Minn. (7273)
_.
The First National Bank of Harvey, Iowa (6936), succeeded by Marion
County State Bank, Harvey
The First National Bank of Arcadia, La. (7476), succeeded by First National
Bank in Arcadia
The First National Bank of De Ridder, La. (9237), succeeded by First
National Bank in De Ridder.
__
The Security National Bank of Jackson, Tenn. (10334), absorbed by The
Second National Bank of Jackson
The Citizens National Bank of Pocomoke City, Md. (6202), succeeded by
Citizens National Bank in Pocomoke City
The Mt. Gilead National Bank, Mt. Gilead, Ohio (6620), succeeded by The
First National Bank in Mt. Gilead
The South Side National Bank of Butler, Pa. (11760), absorbed by The
Butler Savings and Trust Company..
_
_
The First National Bank of Union, Oreg. (2947), absorbed by The First
National Bank of Portland, Oreg
Ontario National Bank, Ontario, Oreg. (9348), absorbed by The United
States National Bank of Portland, Oreg
The Nebraska National Bank of Grand Island, Nebr. (13424), succeeded by
The Overland National Bank of Grand Island
The Paulding National Bank, Paulding, Ohio (5862), succeeded by National
Bank of Paulding
The Wallowa National Bank of Enterprise, Oreg. (3912), absorbed by The
First National Bank of Portland, Oreg..
The McCloud National Bank, McCloud, Calif (9479), absorbed by Bank of
America National Trust and Savings Association, San Francisco, Calif
Coldwater National Bank, Coldwater, Mich. (14116), absorbed by Branch
County Savings Bank of Coldwater
_
Total (189 banks).
i* Includes $100,000 preferred capital stock.
« Includes $5,000 preferred capital stock.
July 17,1935
Capital
is $150,000
July 25,1935
60,000
May 16,1935
Aug. 1,1935
200,000
50,000
June 25,1935
112,500
May 25.1935
Aug. 19,1935
50,000
"30,000
Aug. 23,1935
25,000
Aug. 6,1935
100,000
Aug. 26,1935
100,000
Feb.
6,1935
100,000
July
1,1935
100,000
Aug. 22,1935
50,000
Sept. 3,1935
100,000
Sept. 12,1935
50,000
Sept. 18,1935
60,000
Mar. 15,1934
100,000
Oct.
80,000
1,1935
Oct. 12,1935
50,000
Oct. 15,1935
25,000
Oct. 12,1935
20 100,000
19,615,250
2
0 Includes $50,000 preferred capital stock.
Includes $847,509 preferred capital stock.
21
TABLE N O . 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, in the year ended Oct. 31, 1935, as shown by their last reports prior to consolidation
Closing banks
Title and location
The Merrimack National
Bank of Haverhill.
The Haverhill Trust
Company, Haverhill.
The Old Colony National Bank of Plymouth.
The Citizens National
Bank of Tippecanoe
City.
The Belleville National
Bank, Belleville.
The Farmers & Merchants National Bank
in Milbank.
First National Bank in
Mobridge.
First National Bank in
Britton.
The Citizens National
Bank of Parkersburg.
The Central National
Bank of Saint Paris.
Bainbridge State Bank,
Bainbridge.
The First National Bank
and Trust Company
of Chamberlain.
New First National Bank
in Dell Rapids.
The Northwestern National Bank of Madison.
The National Bank of
Huron.
Brookings County Bank,
Brookings.
State
Capital
Continuing banks
Surplus
M a s s . . . $240,000 $150,000
Undivided
profits
Total
assets
Charter
no.
Title and location
Capital
Surplus
Undivided
profits
160,000
3004 The Tipp National Bank
of Tippecanoe City.
60,000
40,000
23,149
488,310
Dec.
494,334 10128 The Farmers National
Bank of Belleville.
50,000
30,000
49,479
408,258
Dec. 31
2980 First National Bank and
Trust Company of Aberdeen.
«375,000
40,000
1935
25,613 2,735,411 Mar. 4
1935
Mar. 30
41,536 3,192,396
June 15
Ohio,-.
50,000
50,000
18,043
42,827 2,235,451
436,036
$100,000 $109,897 $2,598,685
25,000
45,000
45,982
S. D a k .
2 50,000
20,000
15,967
582,122
...do.__
3 70,000
10,000
1,678
527,915
...do..-
4
30,000
2,000
2,386
333,873
100,000
150,000
37,311 1,711,489
1427 TheParkersburg National
150,000
75,000
50,000
15,000
849
328,130
2488 The First National Bank
52,100
26,050
1,705
100,000
20,000
51,096
578,443
6004 First National Bank of
125,000
25,000
28,608
4,510
324,174
543,687
471,716 10592 Security National Bank
and Trust Company of
Sioux Falls.
6,652 1,740,372
»500,000
6,250
1934
Nov. 10
779 The Plymouth National
Bank, Plymouth.
15,000
100,000
Ga
1934
Oct. 17
$100,000
100,000
Ohio—
Date of
consolidation
14266 The Northern National
119,889 2,183,396
Bank of HaverhilU
250,000
W. V a .
Date of
reports
$14,841 $2,566,254
do.
Pa
Total
assets
S. D a k .
8 30,000
...do-._
7 35,000
7,000
7,415
do.
50,000
10,000
17,384
— d o . . . * 400,000
25,000
25,000
5,000
11,193
395,735
Bank, Parkersburg.
of Saint Paris.
Bainbridge.
Do.
1
424,941 . . . d o . . - June 29
710,560 June 30
50,000 111, 107 5,531,213
July 13
Aug. 31
13 national banks—
3 State banks
1,380,000
225,000
590, 250 215,845 12, 295, 553
40, 000 182,178 3,157,574
1 New national bank did not report prior to consolidation.
2 Includes $25,000 preferred capital stock.
Includes $20,000 preferred capital stock.
* Includes $5,000 preferred capital stock.
«Includes $325,000 preferred capital stock.
3
9 national banks
1,572,100
386,050 391,094 16,089,774
• Includes $5,000 preferred capital stock.
7 Includes $10,000 preferred capital stock.
8 Includes $350,000 preferred capital stock.
• Includes $400,000 preferred capital stock.
i
3
t1
192
REPORT OF THE COMPTROLLER OF THE CURRENCY
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, 1935
Consol i- Chardater
tion no.
no.
524 14266
525
526
779
3004
527 10128
528
2980
529
1427
530
2488
531
6004
532 10592
Title and location of bank
State
Date of
consolidation
1934
Merrimack National Bank of Mass... Nov. 10
Haverhill *
The Plymouth National Bank . . do...- Nov. 10
The Tipp-Citizens National Ohio... Dec. 1
Bank of Tippecanoe City.
Dec. 31
The Kishacoquillas Valley Na- Pa
1935
tional Bank of Belleville.
First National Bank of Aber- S. Dak. Mar. 30
deen.
The Parkersburg National W. Va. June 15
Bank, Parkersburg.
The First Central National Ohio... June 29
Bank of St. Paris.
First State National Bank of
Oa
July 13
Bainbridge.
Northwest Security National S. Dak. Aug. 31
xmllK. OI oioux. x* cUlb.1
Total (9 banks)
» Also includes a State bank.
* Includes $405,000 preferred capital stock.
Includes $250,000 preferred capital stock.
1
Capital
UndiSurplus vided
profits
Total
assets
$300,000 $100,000 $19,585 $3,789,793
260,000 100,000
50,000 50,000
75,000
50,000
2 505,000 40,000
88,000 4,379,497
774,852
10,000
42,413
830,458
44,564 4,719,209
8 450,000 40,000 258,271 5,313,492
50,000
100,000
«965,000
10,000
6,000
684,191
20,000
1,401 1,123,147
50,000 147,452 8,743,714
«2, 755, 000 460,000 617,686 30,358,353
< Includes $765,000 preferred capital stock.
• Includes $1,420,000 preferred capital stock.
TABLE NO. 8.—Stale banks and national banks consolidated under act of Feb. 25, 1927, as amended June 16,1938, their consolidated capital,
surplus, undivided profits, and total assets, year ended Oct. 31, 1985
Consolidation
no.
Title and location of State bank
Charter
no. of
national
bank
524
The Haverhill Trust Company, Haverhill.i
14,266
531
532
Bainbridge State Bank, Bainbridge 3
Brookings County Bank, Brookings _.
6004
10592
Total (3 State banks with 3 national banks).
Title and location of national bank
State
Merrimack National Bank of HaverhilL Mass—
Date of
consolidation
1934
Nov. 10
1935
First State National Bank of Bainbridge- Ga
July 13
Northwest Security National Bank of S. Dak- Aug. 31
Sioux Falls.
Increase
in authorized
capital
Capital
Surplus Undivided
profits
$300,000
$100,000
$19,585
$3,789,793
2 $40,000
100,000
< 965,000
20,000
50,000
1,401
147,452
1,123,147
8,743, 714
a 25,000
2 50,000
* 1,365,000
170,000
168,438
13,656,654
2115,000
Total
assets
3
S
o
i3 This consolidation also includes a national bank.
Decrease in capital stock.
3 This consolidation also includes 4 national banks.
* Includes $765,000 preferred capital stock.
o
I
o
w
o
3
o
CO
194
REPORT 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, 1935
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 Eastern States..
Virginia...
West Virginia..
North Carolina
South Carolina
Georgia
Florida
Alabama...
Mississippi
Louisiana
Texas..
Arkansas—
Kentucky
Tennessee—
_
__
Total Southern States.
Capital
34
28
22
190
52
65
$4,605,000
2,595,000
2,029,990
72,691,200
16, 717,550
18,932,770
391
117,571,510
241
50
127
125,331,291
9,820,450
i 37,559,095
585,010
10,249,372
1,080,000
466
67
35
40
48
33
22
34
19
13
142
45
44
51
593
Number of
Location
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
184,625,218 Wyoming
Colorado
__
5,937,100 New Mexico
2, 508,900 Oklahoma
._
* 4, 311,000
4, 512,000
Total Western States..
6,837,000
2,265,000 Washington
4,560,000 Oregon
1, 560,000 California3, 625,000
11,142, 500
3,357, 500
3 8,006,900
8,090,000
66,712,900
Idaho
Nevada
Arizona
._
Total Pacific States.-Total United States—
Capital
25
27
48
26
36
117
44
51
3,490,000
1,908,000
82,310,000
3,020,000
3,620,000
7,691,000
2, 285,000
18,001,800
373
122,325,800
84
51
107
83
38
9
35
7
2, 760,000
1, 750,000
5,485,000
4,182,000
1, 585,000
320,000
2, 755,000
400,000
8,070,000
607
27, 307,000
73
30
113
26
1
5
6,825,000
1, 951,000
45, 272, 800
1,080,000
50,000
300,000
248
55, 478,800
2,679
* 574,021, 228
1
$200,000 of which is preferred capital stock.
2 $300,000 of which is preferred capital stock.
a $1,000,000 of which is preferred capital stock.
< $1,500,000 of which is preferred capital stock.
TABLE N O . 10.—Conversions of State banks and primary organizations as national
banks from Mar. 14, 1900, to Oct. 31, 1935
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
862 270,867,800 1,332 215,893,500 2,135 346,054,600 4,329 832,815,900
1,760 294,801,100 2,499 246,803,000 4,822 415,430,100 9,081
957,034,200
TABLE NO. 11.—Number of national banks increasing their capital, together with the amount of increase monthly for years ended Oct. 81, since
1930
1932
1931
Months
Number
Capital
Number
Capital
1933
1934
1935
Num- Common Num- Preferred Num- Common Num- Preferred Num- Common Num- Preferred
ber
ber
ber
capital
capital
ber
ber
capital
ber
capital
capital
capital
November.
December..
January
February...
March
April
May
June
July.
August
September.
October
$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
$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
$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
$680,000
7, 576,900
5, 394, 000
20,011,200
6, 582, 000
4,750,000
2, 560,000
1,185,000
Total
13,652,617
2 64 2 49,346,064
3 53 3 8,980,850
166 48,739,100
$482,500
963,367
355,000
182, 500
1,270, 750
430,000
200,000
760,000
610,000
1.176,500
1,028,810
873,100
5
25
55
73
160
118
127
194
177
138
115
105
<107 4 8,332,527 1,292
$540,000
62, 222, 500
87,515,000
9, 295, 000
79,093,500
28, 637, 500
8,392,500
41,955,900
17, 553,750
15, 695,000
10,406, 750
12,012, 750
373,320,150
$186,200
1,330,000
597, 750
778,000
320, 500
474,000
360, 500
307, 500
499,500
946,000
256,000
1,087,300
« 172 5 7,143,250
$7,177,500
10,279,000
10, 605,750
18,940,000
4,995,000
2,760,000
3,387,000
5,450,500
1, 528,500
4,055,000
2, 732, 500
2,000,000
3
S
a
o
403 > 73,910,750
* Of these cases, 12 were effected wholly or in part by stock dividends aggregating $752,617.
2 Of these cases, 3 were effected wholly or in part by stock dividends aggregating $270,504.
34 Of these cases, 3 were effected wholly or in part by stock dividends aggregating $260,000.
Of these cases, 6 were effected wholly or in part by stock dividends aggregating $7C0,000 and 8 banks with an aggregate increase of $175,600 from net earnings incident to the
retirement of preferred capital.
s Of these cases, 24 were effected wholly or in part by stock dividends aggregating $1,469,200, 100 cases aggregating $2,485,750 were increases from net earnings incident to the retirement of preferred capital stock, and 1 case of $90,000, was a conversion of preferred capital stock,
s Includes $5,000, previously reported in 1934 as common capital stock.
CO
Or
196
REPORT OF THE COMPTROLLER OF THE CURRENCY
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
Consolidated
under act
Nov. 7, 1918
Year
No.
1914...
1915....
1916...
1917—
1918—
1919—
1920—
1921....
1922....
1923—
1924.._.
1925—
1926....
1927—
1928. ...
1929—
1930—
1931....
1932—
1933—
1934—
1935—
Loss to No.
capital
No.
Capital
195 $18,675,000
144 9,689,500
122 6,630,000
176 11,590,000
164 13,400,000
245 21,780,000
361 31,077,500
169 20,005,000
232 24,890,800
190 30,522,500
135 21,375,000
251 26,040,000
160 29,705,000
135 43,570,000
113 26,160,000
141 3S, 195,000
108 12. 240,000
78 9,690,000
68 87,145,000
176 74,761,500
476 61,174,100
49 2 7,780,000
In voluntaryliquidation
i $3,220,000
i 1,650,000
i 850,000
i 3, 275,000
12,575,000
1 1, 255,000
* 1,660,000
i 4,455,010
1 3,407,000
i 6,857,500
14,780,075
i 1,355,000
i 2,882,500
i 3,385,500
i 2,765,000
i 447,100
Net yearlyNet yearly
increase
decrease
(exclusive of
(exclusive of
existing banks existing banks
increasing
decreasing
their capital) their capital)
Insolvent
No.
Capital
113 $26,487,000
13,795,000
14,828,000
14,367,500
16,165,000
16,380,000
14, 730,000
37,075,000
18,910,000
39,290,000
40,745,000
14,467,500
28, 668,300
37,495,000
27,381,000
98, 267. 500
39,230,400
59,595,000
97,340,300
26,805,000
45, 263,000
19,615, 250
Capital
21 $1,,810,000
14 1,830,000
13
805,000
7 1,230,000
2
250,000
1
25,000
5
205,000
34 1,870,000
31 2,015,000
53 3,405,000
138 9,635,000
98 6,420,000
91 5,412,500
135 8,257,000
61 4,135,000
79 6,575,000
104 8,355, 000
369 46,862,000
380 50,505,585
348 76,107,500
394
""" 56,585,000
•25 4,305,020
No.
Capital
No.
Capital
$9,622,000
5,935,500
26 9,003,000
4,007,500
3, 015,000
62
94
135 $2,155,000
257 14,492,500
18
77
690,800
19,790,000
3 14,747,500
174 30
30, 260,000
260000
114 8, 820,810
176 4,439,000
125 11,743,500
201 70, 707, 575
288 35,
35, 260,400
599 96, 809,500
515 55,406,385
305 27, 656, 000
210 30, 208,900
'" 14,827,370
158
i Amount of capital stock reductions incident to consolidations.
* Includes $3,640,000 preferred capital stock authorized for 31 banks.
Includes 16 banks with an aggregate preferred capital stock of $847,500.
< Includes 1 bank with preferred capital stock of $25,000. Also includes 9 banks with an aggregate capital
stock of $975,000 which had been placed in voluntary liquidation by their shareholders prior to Nov. 1,1934.
* There was a decrease of 158 banks, considering the 11 banks with an aggregate capital stock of $785,000
which were restored to solvency and the 9 banks which had been previously reported in voluntary liquidation.
8
TABLE N O . 13.—Total number of national banks organized, consolidated under act
Nov. 7, 1918, as amended June 16, 1933, insolvent, in voluntary liquidation, and
in existence on Oct. 31, 1935
Consolidated
Organ- under
In
liquiact Insolvent Indation
ized
existence
Nov. 7,
1918
Location
Maine
New Hampshire.Vermont .Massachusetts
Rhode Island
Connecticut
-
-
127
79
85
370
67
120
-
Total New England States
New York _ .
New Jersey.
Pennsylvania
Delaware. _
..
Maryland
District of Columbia
___
70
20
25
195
51
56
40
52
43
129
12
54
848
32
69
417
330
47
15
41
-
990
414
1,274
30
140
31
1
4
125
59
205
1
17
7
358
102
319
13
59
10
460
238
709
16
63
10
2,879
108
414
861
1,496
-
13
5
16
27
2
6
_
-_
Total Eastern States -
4
2
1
19
2
4
REPORT OF THE COMPTROLLER OP THE CURRENCY
197
TABLE NO. 13.—Total number of national banks organized, consolidated under act
Nov. 7, 1918y as amended June 16, 1933, insolvent, in voluntary liquidation, and
in existence on Oct. 31, 1935—Continued
Consolidated
In
liquiOrgan- under
act Insolvent Indation
ized
existence
Nor. 7,
1918
_
_
_..
_-
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
Virgin Islands
_____
Total Alaska and insular possessions
Total United States, Alaska, and insular possessions.
__
34335—36-
-14
248
188
147
118
181
132
170
76
101
1,151
141
2-15
205
10
4
6
S
1
2
4
3
31
1
9
6
36
44
43
41
42
45
16
15
138
39
35
36
72
62
55
49
75
38
54
31
53
525
50
101
90
80
44
20
57
51
69
25
30
457
51
100
73
3,103
102
557
1,255
1,189
689
430
810
310
269
484
542
289
24
112
303
3,823
17
11
14
4
27
98
224
196
276
76
145
9
6
53
115
4
9
132
250
125
296
85
106
205
204
57
101
158
213
138
121
87
81
939
1,528
1,275
100
92
83
89
65
179
67
64
138
75
76
175
68
191
46
34
424
23
217
h-QOCO
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi--Louisiana
Texas
Arkansas
Kentucky _
^toto
2 «D CO
Location
445
193
58
216
82
736
4
3
12
25
83
2,609
3
12
55
20
77
26
81
34
601
1,131
843
220
147
509
109
38
16
31
17
2
12
51
30
64
35
6
4
6
85
65
309
50
16
5
17
67
50
124
24
13
6
8
1,070
35
196
547
292
1
4
1
3
1
5
6
1
1
1
4
1
13
1
6
3
14,345
393
5,745
5,431
1
2,776
198
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 14.—Changes of corporate title of national banks, year ended Oct. 31,
1985
Charter
no.
1546
12385
10480
2580
2864
6182
12990
11100
13196
6903
9073
8348
13466
Title and location
Date
The Aquidneck National Exchange Bank and Savings Company of Newport, R. I., to
"The Aquidneck National Bank of Newport"
___
Pasadena National Bank, Pasadena, Calif., to "Pasadena-First National Bank"
The First National Bank of Albright, W. Va., to "Albright National Bank of Kingwood", Kingwood, W. Va
The James River National Bank and Trust Company of Jamestown, N. Dak., to "The
James River National Bank of Jamestown"
The Gap National Bank and Trust Company, Gap, Pa., to "The Gap National Bank".
The Clarion County National Bank of Edenburg, Knox, Pa., to "The Clarion County
National Bank of Knox"
The Mechanics' National Bank of Bayonne, N. J., to "The Broadway National Bank
of Bayonne"
_
•_.
The First National Bank of Filer, Idaho, to "Fidelity National Bank of Twin Falls",
Twin Falls, Idaho
.._
The State Road National Bank of Highland Park, Pa., to "Upper Darby National
Bank", Upper Darby, Pa..
The Staunton National Bank and Trust Company, Staunton, Va., to "The Staunton
National Bank"
__
The First National Bank of Fort Branch, Ind., to "First National Bank of Owensville",
Owensville, Ind
The First National Bank of Elida, N. Mex., to "The Portales National Bank", Portales,
N. Mex
-___
The Security National Bank of Huron, S. Dak., to "First National Bank in Huron"__
1934.
Nov. 7
Dec. 1
Dec. 31
1985
Jan. 14
Feb. 1
Feb.
4
Mar. 23
May 18
May 24
June 29
July
1
Aug. 12
Sept. 23
TABLE N O . 15.-—Changes of corporate title incident to consolidations of national
banks and of State banks with national banks, year ended Oct. 81, 1935
The Merrimack National Bank of Haverhill, Mass. (633), and The Northern National Bank of Haverhill
(14268), consolidated under the charter of the latter with title "Merrimack National Bank of Haverhill."
The Citizens National Bank of Tippecanoe City, Ohio (8839), and The Tipp National Bank of Tippecanoe
City (3004), consolidated under the charter of the latter with title "The Tipp-Citizens National Bank of
Tippecanoe City".
The Belleville National Bank, Belleville, Pa. (5306), and The Farmers National Bank of Belleville (10128),
consolidated under the charter of the latter with title "The Kishacoquillas Valley National Bank of
Belleville."
The Farmers & Merchants National Bank in Milbank, S. Dak. (13407), First National Bank in Mobridge,
S. Dak. (13487), First National Bank in Britton, S. Dak. (13460), and First National Bank and Trust
Company of Aberdeen, S. Dak. (2980), consolidated under the charter of the last-named bank with title
"First National Bank of Aberdeen."
The Central National Bank of Saint Paris, Ohio (8127), and The First National Bank of Saint Paris (2488),
consolidated under the charter of the latter with title "The First Central National Bank of St. Paris."
Bainbridge State Bank, Bainbridge, Ga., and First National Bank of Bain bridge (6004), consolidated under
the charter of the latter with title "First State National Bank of Bainbridge."
The First National Bank and Trust Company of Chamberlain, S. Dak. (13483), New First National Bank
in Dell Rapids, S. Dak. (12872), The Northwestern National Bank of Madison, S. Dak. (13517), The
National Bank of Huron, S. Dak. (8841), Brookings County Bank, Brookings, S. Dak., and Security
National Bank and Trust Company of Sioux Falls, S. Dak. (10592), consolidated under the charter3?
the last-named bank with title "Northwest Security National Bank of Sioux Falls."
TABLE NO. 16.—National banks chartered during the year ended Oct. 31, 1935
Capital
Charter
no.
Title
Common
Preferred
ARIZONA
14324
The Valley National Bank of Phoenix....
$260,000
$1,240,000
100,000
25,000
25,000
100,000
25,000
25,000
150,000
150,000
CALIFORNIA
14298
14307
14317
First National Bank at Glendale
First National Bank in Madera
The First National Bank in Coachella...
Total (3 banks)
FLORIDA
14338
The Bay National Bank of Panama City
50,000
REPORT OF THE COMPTROLLER OF THE CURRENCY
199
TABLE NO. 16.-—National banks chartered during the year ended Oct. 31,1935—Con.
Capital
Charter
no.
Title
Common
Preferred
ILLINOIS
14297
14310
14313
14319
14327
14331
14332
14342
14343
The National Bank of Lanark
The First National Bank in Staunton
Merchants National Bank in Chicago
The First National Bank in Dalton
_ ._ _
The South East National Bank of Chicago
National Bank of \ledo
-The First National Bank in Wyoming __ _
The Polo National Bank
The Chicago Heights National Bank
Total (9 banks)
—
-
$25,000
40,000
200,000
25,000
200,000
25,000
25,000
50,000
100,000
$25.000
25,000
690,000
125,000
60,000
50,000
150,000
110,000
150,000
30,000
20,000
1,000,000
1,000,000
..
50,000
50,000
__
150,000
_.
60,000
-
-
—
25,000
25,000
25,000
IOWA
14309
14326
Keokuk National Bank
The First National Bank in Glidden
-
Total (2 banks)
_
_
-
-
KANSAS
14329
The Citizens National Bank in Eureka
KENTUCKY
14320
Liberty National Bank and Trust Company of Louisville *
LOUISIANA
14328
First National Bank in Arcadia
_
_
MAINE
14303
The Liberty National Bank in Ellsworth
MINNESOTA
14311
The Oakley National Bank of Buffalo
_
^
MONTANA
14334
The Miners National Bank of Butte
_
100,000
NEBRASKA
14308
14339
14340
The Farmers & Merchants National Bank of West Point
The
Bank
of Norfolk
The National
Commercial
National
Bank of Grand Island
Total (3 banks)
50,000
25,000
100,000
75,000
175,000
75,000
100,000
100,000
50,000
100,000
200,000
150,000
30, 000
25, 000
50, 000
30,000
25, 000
105, 000
55,000
100, 000
100,000
25, 000
25,000
225,000
25,000
25,000
25,000
NEW JERSEY
14305
14321
National Bank of West New York
National Union Bank in Paterson
Total (2 banks)
.
__.
OHIO
14300
14316
14323
National Bank of Paulding
First National Bank in Camden. _ . .
The First National Bank in Mt. Gilead
Total (3 banks)...
.._
_
_.
OKLAHOMA
14304
14315
14322
National Bank of Commerce in Pawhuska
The Security National Bank of Enid
American National Bank in Wetumka
Total (3 banks).
OREGON
14306
The National Security Bank of Toledo
PENNSYLVANIA
14301
14333
14344
The Gratz National Bank _
The Second National Bank of Masontown_
The Hanover National Bank of Wilkes-Barre
14345 The Youngsville National Bank
Total (4 banks)
_
i With 6 local branches in lawful operation, Feb. 25,1927.
_
25,000
50,000
250,000
60,000
385,000
25,000
200,000
225,000
200
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 16.—National banks chartered during the year ended Oct. 31, 1935—Con*
Capital
Charter
no.
Title
Common
SOUTH
14341
Preferred
CAROLINA
The Davis National Bank of Mullins_
$50,000
TEXAS
14299
14302
14312
14330
Eastland National Bank
Stockmens National Bank in Cotulla _
First National Bank at De Kalb..
Junction National Bank
_
_
._ .
_
Total (4 banks)
25,000
25,000
50,000
25,000
$25,000
25,000
125, 000
75,000
25,000
25,000
25,000
25,000
50,000
50,000
25,000
125,000
25,000
25,000
50 000
50,000
25,000
50,000
25,000
VIRGINIA
14325
14337
Citizens National Bank of Herndon..
The Peoples National Bank of Victoria
_
Total (2 banks)
VIRGIN
14335
Virgin Islands National Bank
WEST
14318
14314
14336
ISLANDS
VIRGINIA
The National Bank of Ansted
WISCONSIN
Shawano National Bank
The First National Bank in Wauwatosa
Total (2 banks)
Total United States and insular possessions (49 banks)
_
100,000
75,000
4,140, 000
3,640,000
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1983, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935
Charter
no.
Title
Date
Preferred
increase
capital
Par
value
of
shares
Percent
of divi
Sold at dend
to be
per
paid
share
on the
par
value
$40.00
100.00
25.00
$40.00
100.00
25.00
ALABAMA
6759
12455
The .Sheffield National Bank, Sheffield
The First National Bank of Auburn
1935
Jan. 24 /\ i*3$50,000.00
25,000.00
Feb. 2
20,000.00
Total (2 banks)
95,000.00
10609
7346
=====
=====
ARKANSAS
11312
14
24
4
The First National Bank of Laurence County
at Walnut Ridge
1934
Dec. 6
10 000 00
100 00
100 00
5
The City National Bank of Fort Smith
The First National Bank of Fayetteville
1935
Jan. 7 r uoaooo.oo
150,000.00
June 10 \» 3 125,000.00
6.25
25 00
50.00
6.25
25 00
50.00
14
>4
Total (3 banks)
Footnotes at end of table.
385,000.00
KEPOKT OF THE COMPTROLLER OF THE CURRENCY
201
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued.
Charter
no.
Title
CALIFORNIA
Preferred
increase
capital
Date
1934
Percent
of diviPar Sold at dend
to be
value
per
of
share paid
on the
shares
par
value
$20.00
100.00
100.00
$20.00
100.00
100.00
4
4
4
Pasadena National Bank, Pasadena
Nov. 2
The Capital National Bank of Sacramento. ._ Nov. 26
The Merchants National Bank of Sacramento. Dec. 26
$50,000.00
500,000.00
50,000.00
The American National Bank of San Ber- 1935
nardino
_.
_. Feb. 14
10391 The United States National Bank of San
May 3
Diego
100,000.00
50.00
50.00
4
3100,000.00
100.00
100.00
4
100.00
100.00
4
96,000.00
3 4,000.00 } 80.00
50.00
100,000.00
25,000. 00 100.00
80.00
50.00
100.00
4
4
4
3 100,000.00 100.00
100.00
3^
125.00
100.00
noo, ooo. oo 32.00
50.00
2 3 25,000.00
499,130.00 | 7.50
s 870.00
755,000.00
125.00
100. 00
32.00
50.00
7.50
4
4
22,300. 00
3 2, 700.00 ] 100.00
100.00
4
20.00
125.00
20.00
125. 00
4
50.000.00
125.00
125.00
4
50,000.00
125.00
125.00
4
50.00
r 130. ooo. oo
i 2 3 10,000.00 100.00
50.00
25,000.00
50.00
74,000.00
/
39,587.50 } 12.50
\
3 412. 50
50.00
100.000.00
50,000.00 100.00
50.00
100.00
50.00
50.00
12.50
50.00
100.00
14
«4
4
4
4
4
4
12385
10107
11875
10931
800,000.00
Total (5 banks)
COLORADO
13624
7022
4172
8205
7837
First National Bank in Loveland
The First National Bank of Walsenburg, , .
The First National Bank of Salida
The First National Bank of Julesburg
The Paudre Valley National Bank of Fort
Collins
1934
Dec. 3
50,000.00
1935
Feb. 11 /i
Apr. 5
M a y 18
Aug. 23
375,000.00
Total (5 bank<0
CONNECTICUT
2643
10289
1037
335
1935
10
15
The City National Bank of South Norwalk.. Jan.
Feb.
The Bethel National Bank, Bethel
f The New London City National Bank, New
}0ct.
\ London
/The First National Bank and Trust Company
\ of Bridgeport
- -- -. Joct.
100,000.00
30,000.00
14 r
1
21 /
\
Total (4 banks)
DELAWARE
8918
The First National Bank of Frankford
FLORIDA
13320
3497
The First National Bank in Brooksville
The First National Bank of Tampa
1935
Jan. 28 If
1935
Apr. 13
Sept. 9
GEORGIA
1935
Albany Exchange National Bank, Albany... M a y 20
IDAHO
11100
The First National Bank of Filer
ILLINOIS
8043 The Casey National Bank, Casey
11422 ^The First National Bank of Lemont
4930 The First National Bank of Normal
6219 The St. Charles National Bank, St. Charles..
534 The First National Bank of Geneseo
3962 The First National Bank of Litchfield
Footnotes at end of table.
4
520.000.00
Total (2 banks)
5512
« 20,000.00
500,000.00
25
1935
Apr. 2
1934
Nov. 13
Nov. 15
Nov. 23
Nov. 26
Nov. 30
Dec. 22
202
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar, 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation, unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Char-
ter
no.
Title
Date
Preferred
increase
capital
Percent
of diviSold at dend
per
of
paid
shares share on the
par
value
$200,000.00
i 50,000.00
3»17,500.00
100,000.00
25,000.00
1 30,000.00
» * 17,500.00
1 100,000.00
* 3 25,000.00
$8.00
31.25
25.00
100.00
62.50
50.00
100.00
50.00
50.00
$8.00
31.25
25.00
100.00
62.50
50.00
100.00
50.00
50.00
3 125,000
25,000
12,500
* 3100,000
f i 30,000
\ > 3 10,000
25,000
25.00
50.00
20.00
16.66%
15.00
00 00
10.00
25.00
50.00
20.00
16.66%
15.00
00.00
10.00
62.50
62.50
100. 00
12.50
15.00
62.50
62.50
100.00
12.50
15.00
4
4
Par
ILLINOIS—continued
4731
2332
3770
13448
13597
6910
241
5856
6684
531
12870
14137
Palmer-American National Bank of Danville.
The Farmers National Bank of Qeneseo
The American National Bank of Pekin
First National Bank in Georgetown
The First National Bank in BlandinsvilleThe First National Bank of Raymond
First Galesburg National Bank and Trust
Company
__.
_
The
Bank of
of Grand
GilmanRidge
The First
First National
National Bank
The Grundy County National Bank, Morris.
The First National Bank of Antioch
First National Bank of Woodstock
_
1935
Jan. 4
Jan. 7
Feb. 25
Mar. 1
Mar. 12
Apr. 15
1935
May 3
May 6
M a y 31
July 24
Sept. 5
Sept. 23
Total (18 banks)
4
14
>4
4
4
1
4
*6
>4
»6
3H
5
3H
«5
m
1,221,500
INDIANA
9463
7496
9143
13717
9562
The Farmers National Bank of Princeton
Jan. 8
The Citizens National Bank of Tipton_
. Mar. 4
M a r . 25
The First National Bank of Brownstown
Aug. 9
First National Bank in Marion
The First National Bank of Oakland City.— Sept. 9
Total (5 banks)
1 50,000
50,000
10,000
100,000
125,000
4
33^
235,000
IOWA
11604
13473
12998
The First National Bank of Ogden
The Poweshiek County National Bank of
Grinnell—
New First National Bank in New Hampton.
1934
Dec. 26
f
U5,00ft
\ 8 3 10,000
62.50
62.50
62.50
62. 50
14
2
4
Dec. 27
50,000
50.00
50.00
4
40,000
50.00
50.00
4
100.00
62.50
100.00
62.50
4
355/*
25.00
80.00
100.00
50.00
75.00
355/f
25.00
80.00
100. 00
50.00
75.00
4
4
20.00
20.00
4
100.00
100.00
50.00
5.00
2.50
4
1935
F e b . 27
Total (3 banks)
KANSAS
"3350
8883
6672
4284
3434
4058
8145
115,000
1QO/I
The Miami County National Bank of Paola. Nov. 24
The Farmers National Bank of Stafford
Dec. 11
1935
Jan. 12
The Farmers National Bank of Lincoln
The Central National Bank of Junction City Jan. 18
Mar. 8
The First National Bank of Wamego
The First National Bank of Herington
Mar. 13
July 8
The First National Bank of Elk City
Total (7 banks)
75,000
25,000
/
\
25,000
75,000
25,000
2 3 20,000
15,000
7,500
1
4
1 4
25
4
267, 500
KENTUCKY
5257
The Farmers National Bank of Princeton
1934
Nov. 7
25,000
1935
3832
Jan. 14
The First National Bank of Somerset
Jan. 16
The Second National Bank of Ashland
/Liberty National Bank and Trust Company Web. 1
14320 I of Louisville
Footnotes at end of table.
3944
100,000
f
194,000
3
\
6 000
f i 500,000
\ 2 3 250,000
} 50.00
5.00
2.50
14
25
EEPOKT OP THE COMPTROLLER OF THE CURRENCY
203
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1938, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
Title
Preferred
increase
capital
Date
Percent
of diviPar
at dend
value Sold
to be
per
of
paid
shares share on the
par
value
KENTUCK £—continued
6028
10254
1935
The First-Hardin National Bank of Elizabethtown
Mar. 4
The First National Bank of East Bernstadt.._ June 13
$45,000
10,000
Total1 (6 banks)
$80.00
62.50
$80.00
62.50
4
4
66%
66%
4
1,130,000
LOUISIANA
11795
The First National Bank of Ruston
1935
Apr. 8
50,000
1934
Dec. 29
3125,000
100.00
100.00
5
1934
Dec. 27
250,000
125.00
125.00
4
1935
Feb. 5
/ 1200,000
\ 2 3 50,000
10.00
30.00
10.00
30.00
14
24
50,000
20.00
200,000 125. 00
22,500 } 62. 50
3 2,500
250,000
62.50
/ i 150,000
60.00
\ 2 3 20,000 100. 00
20.00
125.00
62.50
62.50
60.00
100. 00
4
4
4
4
*3H
480, 000. 00
3 20,000. 00 }l00. 00
100.00
4
f / i 47,000. 00
Jan. 19 \ U 3 3,000.00 } 20.00
25.00
I 2 3 25,000.00
20.00
25.00
14
24
MAINE
1523
The North Berwick National Bank, North
Berwick
MARYLAND
4799
1244
3187
381
5623
1519
9830
The Canton National Bank, Canton
The Farmers National Bank of Annapolis
The Montgomery County National Bank of
Rockville
The First National Bank of Cumberland
The First National Bank of Oakland.
_
The Second National Bank of Cumberland-.
("The Silver Spring National Bank, Silver
\ Spring
do - .
Mar. 11
Mar. 28
Apr. 12
JAug. 6
f
\
Total (7 banks)
MASSACHUSETTS
26
1,195,000
1934
308 fThe Third National Bank and Trust Com- }Dec. 19 /
\
X pany of Springfield.
_
_
1935
805
The Townsend National Bank, Townsend...
474
First National Bank & Trust Company of
Greenfield
Feb. 9
200,000. 00 125.00
July 16
3 50,000. 00 100. 00
The Park National Bank of Holyoke
6.25
The Waltham National Bank of Waltham___ Oct. 12 r 1300, ooo. oo 12.50
4703
688
12 3 200,000. 00
Total (5 banks)
125.00
100. 00
6.25
12.50
4
i3i/£
26
1, 325,000. 00
MICHIGAN
1826
10498
8496
10073
The Union City National Bank, Union City..
The First National Bank of Watervliet
The Escanaba National Bank, Escanaba
The Dowagiac National Bank, Dowagiac
1934
Nov. 19
Nov. 20
Nov. 28
Dec. 4
25, 000. 00
25,000. 00
100, 000. 00
25,000.00
62.50
50.00
50.00
50.00
62.50
50.00
50. CO
50.00
4
5
4
4
1 125,000.00
2 3 35,000.00
1350,000.00
2 3 50,000.00
25.00
100. 00
8.75
10.00
25.00
100.00
8.75
10.00
14
350,000.00
3.50
3.50
1935
First National Bank in Mount Clemens
Mar. 12
4840 fThe National Lumberman's Bank of Muske- ] Aug. 22
\ gon
11852 The City National Bank and Trust Company of Battle Creek.. __
Sept. 18
Total (7 banks)
12971
Footnotes at end of table.
f
X
/
X
1,085,000. 00
25
25
3H
204
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National hanks for which increase of capital has been authorized,
under act Mar. 9, 1933y as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise notedy
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
Date
Title
MINNESOTA
6488
10665
6783
3982
7080
9064
6532
4034
13095
6348
5423
6364
1934
Nov. 9
Dec. 10
The First National Bank of Mclntosh
The Ada National Bank, Ada
The First National Bank of Roseau-.
The First National Bank of Pipestone
The Peoples National Bank of Long Prairie..
The First National Bank of Stephen
The Farmers National Bank of Minnesota
Lake
The First National Bank of Little Falls
First National Bank in Jackson.
The Sherburn National Bank, Sherburn
/The Martin County National Bank of Fair\ mont
The Truman National Bank, Truman
4644
The First National Bank of Breckenridge
6279
The First National Bank of Preston
Preferred
increase
capital
1935
Jan. 11
Jan. 29
...do
Feb. 5
80.00
125.00
125.00
75.00
80.00
125.00
125.00
75.00
4
4
4
4
100.00
20.00
25.00
125.00
14.00
40.00
25.00
|..do
40.00
10.00
Apr. 15 r 130, ooo. oo 30.00
i 2 3 30,000.00
25.00
/
i
40,000.00
Sept. 3
\ 2 3 25,000.00 100.00
75.00
Sept. 30 f 115,000.00 100.00
I 2 3 15,000.00
100.00
20.00
25.00
125.00
14.00
40.00
25.00
40.00
10.00
30.00
25.00
100.00
75.00
100.00
4
14
25
4
14
25
14
25
14
Feb. 8
Mar. 9
Mar. 11
Apr. 11
10,000.00
25,000.00
22,500.00
10,000.00
10,000.00
f i 33,000.00
I 2 3 17,000.00
20,000.00
f i 35,000.00
\ 2 3 35,000.00
/
i 50,000. 00
I 2 3 50,000.00
MISSISSIPPI
1934
40. CO
50.00
62.50
4
4
4
1935
Jan. 15 \f2 31300,000.00
100,000.00
75.00
100.00
75.00
100.00
14
26
The First National Bank of Laurel
Total (4 banks')
625,000.00
MISSOURI
•5973
4079
5794
The Citizens National Bank of Chillicothe...
The Joplin National Bank and Trust Company, Joplin
The First National Bank of Nevada MissourL.
The First National Bank of Cape Girardeau_
11036
7990
9841
1J298
8589
The First National Bank of Wolf Point
The First National Bank of Glasgow
50,000.00
125.00
125.00
4
Nov. 9
Nov. 15
Dec. 14
50,000.00
50,000.00
» 90,000.00
100.00
70.00
50.00
100.00
70.00
50.00
4
4
1
60.00
60.00
} 62.50
62.50
100.00
62.50
62.50
100.00
4
4
4
4
100.00
100.00
100.00
100.00
4
4
25,000. 00 100.00
15,000.00
30.00
f 1 25,000. 00 31.25
\ 2 3 15,000. 00 100.00
100.00
30.00
31.25
100.00
4
4
14
25
1935
Jan. 24
Feb. 21 \f
Apr. 13
._ July 5
^Footnotes at end of table.
50,000.00
24,625.00
3 375.00
15,000. 00
20,000.00
350,000. 00
1934
Nov. 24
Dec. 3
1935
The United States National Bank of Red
Jan. 8
Lodge
Feb. 19
The American National Bank of Bridger
Apr. 16
The First National Bank of Whitefish.
Total (5 banks)
,
1934
Nov. 1
Total (8 banks)
MONTANA
26
40.00
50.00
62.50
6681
The Trenton National Bank, Trenton
The First National Bank of Monett
The First National Bank of Carrollton
The Paris National Bank, Paris
26
25,000.00
50,000.00
150,000.00
Nov. 5
The First National Bank of Pontotoc
Nov. 12
The First National Bank of Aberdeen..
The Jackson-State National Bank, Jackson. _ Dec. 28
4933
25
522,500.00
9040
3656
0523
3959
4611
4
4
$30,000.00 $100.00 $100.00
20,000.00 100.00 100.00
Total (14 banks)
4111
4425
Percent
of diviPar Sold at dend
to be
per
value
of
share paid
on the
shares
par
value
25,000. 00
50,000.00
155,000. 00
REPORT OF THE COMPTROLLER OF THE CURRENCY
205
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1988, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted',
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 81, 1935—Continued
Charter
DO.
Title
NEBRASKA
The First National Bank of Bancroft.
10023
2357
3392
The Coleridge National Bank, Coleridge
The First National Bank of Beatrice
The First National Bank of Wayne
Preferred
increase
capital
Date
1934
Nov. 6
1935
Jan. 18
Feb. 19
Apr. 11
Percent
of diviPar Sold at dend
value
to be
per
of
paid
shares share on the
par
value
$15,250.00 ]$125.00
$125.00
3 9,750.00
75.00
100.00
25.00
75.00
100.00
25.00
62.50
62.50
50.00
125,000.00
62.50
10,000.00
25,000.00 100.00
i 97,990.00 | 10.00
13 2,010.00
2 3 25,000.00
10.00
50,000. 00 100.00
42,812.50 f 12.50
3 7,187.50
100,000.00
62.50
i 75,000.00
30.00
2 a 50,000.00
25.00
50,000.00 100.00
750,000.00 125.00
15.00
1,750,000.00
50.00
62.50
100.00
10.00
10.00
100.00
12.50
14
62.50
30.00
25.00
100.00
125. 00
15.00
4
14
24
4
4
4
35.00
25.00
50.00
80.00
50.00
50.00
10.00
10.00
20.00
20.00
31.25
4.50
15.00
7.50
10.00
100. 00
100. 00
62.50
10.00
48.00
50.00
80.00
8.00
10.00
25.00
60.00
4
14
2&
4
14
*4
14
24
14
30,000.00
24,700.00
3 300.00
25,000.00
Total (4 banks)
105,000.00
NEW HAMPSHIRE
1935
New Market National Bank, New •Feb. 7
1330{ The
Market.
NEW JERSEY
8777
11847
8501
1272{
12378
1114
1239J
6707
12598
3709
The First National Bank of Westwood.
The First National Bank of South Plainfield.
The First National Bank of Dunellen
The Lambertville National Bank, Lambertville
The Little Ferry National Bank, Little Ferry.
The Clinton National Bank, Clinton
The Phillipsburg National Bank and Trust
Company
The First National Bank of Elmer
The First National Bank of Highland Park..
The Broad Street National Bank of Trenton.
Passaic National Bank and Trust Company,
Passaic
The First National Bank of Garwood
West Englewood National Bank, West
12402J The
Englewood
8227 The Hardyston National Bank of Hamburg..
4724 The Second National Bank of Orange
12297
12660
1934
Nov. 1
Nov. 8
Nov. 17
Nov. 30
Dec. 10
Dec. 19
..do....
Dec. 20
Dec. 26
Dec. 28
Dec. 31
1935
Jan. 2
Jan. 7
Jan. 8
Jan. 12
The First National Bank of Bloomingdale... . . . d o
The National State Bank of Elizabeth
Jan. 15
The Franklin National Bank of Jersey City..
The Haddonfield National Bank, Haddonfield.
First Camden National Bank and Trust
1209J
Company, Camden
The
First National Bank of Nutley
11409
Jan. 16
Jan. 17
tfan. 18
The First National Bank of Mays Landing..
The Mechanics' National Bank of Bayonne..
Mount Prospect National Bank of New13058{ The
ark.
12771 Union National Bank in Newark..
4274 The Boonton National Bank, Boonton.
13369 The First National Bank of Sayreville
1113 The National Iron Bank of Morristown
The Burlington County National Bank of
Medford...
12978 The First National Bank of Stone Harbor....
5718 The First National Bank of Pennington
Footnotes at end of table.
Jan. 28
...do
1436
12397
3996
8582
12990
Jan. 25
[Jan. 30
Feb. 7
Feb. 11
. do.
Feb. 19
[Feb. 23
Feb. 26
Feb. 28
24,375.00
3 625.00
li
35,000.00
150,000.00
2 3 25,000.00
50,000. 00
1 250,000. 00
2 3 75,000.00
i 25,000. 00
2 3 25,000.00
f i 794,380.00
\ i 3 5,620.00
2 3 160,000. 00
250,000. 00
100,000.00
1,500,000. 00
i 75,000.00
2 3 25,000.00
1 50,000. 00
2 3 7,000.00
100,000.00
48,750.00
200,000.00
100, 000. 00
25,000.00
1 350,000. 00
2 3 250,000.00
3 50,000.00
2 3 15,000. 00
100,000.00
35.00
25.00
50.00
80.00
50.00
50.00
10.00
10.00
20.00
20.00
31.25
4.50
15.00
7.50
10.00
100.00
100.00
62.50
10.00
48.00
50.00
80.00
8.00
10.00
25.00
60.00
4
4
4
4
4
15*
4
4
4
14
»4
14
26
4
4
4
4
14
206
REPOBT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,,
under act Mar, 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation, unless otherwise noted
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
Title
Date
NEW JERSEY—continued
1935
Feb. 28
10840
10935
The First National Bank of Florence
Peoples National Bank & Trust Company of
Belleville..
The First National Bank of Hope
The Berriardsville National Bank, Bernardsville-—
,
The First National Bank of Belleville
The First National Bank of Park Ridge
The First National Bank of Clifton
The Peoples National Bank & Trust Company of Irvington
The First National Bank of Farmingdale
The First National Bank of Milltown
6912
13629
12854
The First National Bank of Butler
The First National Bank of Plainfield
Haledon National Bank, Haledon
June 5
June 7
June 10
10831
12019J
10118
6960{
8382
12195
11983
12876J
9542
925-j
7981
9544
13173
10142
The National Union Bank of Dover,.
7131
The Caldwell National Bank, Caldwell
The Clifton National Bank, Clifton..
The First-Mechanics National Bank of Trenton..
__
The Hamilton National Bank of Weehawken.
1327'
12829
5005
13537
1327
Mar. 27
Apr. 19
May 7
May 10
May 21
May 29
June 15
The First National Bank of West Orange
The Sussex and Merchants National Bank of [June 18
Newton
June 19
The Irvington National Bank, Irvington
June 24
The First National Bank of Union City
...do
The First National Bank of Whippany
The National Bank of Westfield
June 25
2076
12690
Mar. 18
Mar. 19
Mar. 25
June 28
June 29
...do...-.
Aug. 29
Sept. 6
The Rutherford National Bank, Rutherford.. Sept. 28
Oct. 22
Kearny National Bank, Kearny
The First-Mechanics National Bank of Trenton
Oct. 31
NEW YORK
1934
The Second National Bank of Cooperstown.
Nov. 5
Nov. 10
2320 The First National Bank of Boonville
402 The First National Bank and Trust Com- JNov. 12
pany of Port Chester
Genesee Valley National Bank and Trust
Company of Geneseo
Footnotes at end of table.
1 $25,000.00
2 3 25,000.00
1 150,000.00
2 3 50,000.00
25,000.00
1 150,000.00
2 3 30,000.00
1 400,000. 00
2 3 65,000.00
3 15,000.00
1 237,500.00
2 3 12,500.00
50,000.00
15,000.00
1 75,000.00
2 3 7,000.00
1 175,000.00
2 3 50,000.00
550,000.00
i 50,000.00
1 125,000.00
2 3 75,000.00
1550,000.00
2 3 50,000.00
1 500,000.00
2 3 50,000.00
600,000.00
' i 15,000. 00
2 3 10,000.00
i 75,000. 00
2 3 25,000.00
1 495,000. 00
i 3 5,000. 00
2 3 20,000. 00
f i 165,000.00
2350,000.00
1 237, 500. 00
\ 2 3 12,500.00
i 3,000,000. 00
i 75,000.00
2 3 22, 500.00
283,875.00^
3 16,125.00
1 425,000.00
2 3 250,000.00
1200,000.00
Percent
of diviPar Sold at dend
value
to be
>er
of
paid
tare on
shares
the
par
value
$50.00
100.00
37.50
50.00
100.00
12.50
25.00
32.00
25.00
75.00
95.00
50.00
100.00
120.00
100.00
100.00
5.00
100.00
100.00
62.50
100.00
27.50
25.00
62.50
50.00
100.00
50.00
100.00
40.00
50.00
[l25. 00
80.00
55.00
100.00
100.00
100.00
10.00
30.00
100.00
12.50
2.83H
5.00
$50.00
100.00
37.50
50.00
100.00
12.50
25.00
32.00
25.00
75.00
95.00
50.00
100.00
120.00
33 yi
100.00
58H
100.00
5.00
100.00
100.00
62.50
100.00
27.50
25.00
62.50
50.00
100.00
50.00
100.00
40.00
50.00
125.00
80.00
55.00
100.00
100.00
100.00
10.00
30.00
100.00
12.50
14
»4
14
»5
4
14
«4
14
24
4
26
If*
2
6
14
25
r
14
26
4
13
26
14
26
14
5.00
4.00
10.00
100.00
100.00
40.00
40.00
6.00
6.00
4.00
10.00
100.00
100.00
40.00
40.00
6.00
6.00
4.00
10.00
350
17,400,250.00
Total (58 banks)
223
Preferred
increase
capital
}
1 238, 500.001
I3ll,500.00j
2 3 50,000.00
1100,000.00
2 3 25,000.00
1190,000.00
2 3 110,000.00
1200,000.00
2 3 200,000.00
14
25
14
26
14
«5
15
REPORT OP THE COMPTROLLER OF THE CURRENCY
207
TABLE NO. 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
Title
Date
NEW YORK—continued
1934
13037
The Wheeler National Bank of Interlaken... Nov. 12
99
461
11513
The First National Bank of Moravia
The First National Bank of Cobleskill
First National Bank of Afton
Nov. 13
...do.....
...do
11854
4925
-.do.....
3183
Peninsula National Bank of Cedarliurst
The Sullivan County National Bank of
Liberty
The Middleville National Bank, Middleville.
The First National Bank of Herkimer
4519
The First National Bank of Perry.
2426
2869
8022
The Black River National Bank of Lowville.. ...do
The Fultonville National Bank, Fultonville. Dec. 1
The National Exchange Bank of Boonville... Dec. 4
11656
368
8463
13089
4493
4419
5293
Nov. 22
The First National Bank of Waterloo
The First National Bank of Dexter
Bolton National Bank of Bolton Landing
The First National Bank of Earlville
The First National Bank of Canastota
The First National Bank of Mexico
Dec. 5
..do
__do
Dec. 6
... Dec. 10
963
4914
The Citizens National Bank of Potsdam
The First National Bank of Winthrop
The West Winfield National Bank, West
Winfield
The Livingston Manor National Bank, Livingston Manor
The Whitesboro National Bank, Whitesboro.
The New York State National Bank Albany..
Lincoln National Bank and Trust Company
of Syracuse
The Union National Bank of Troy
The Matteawan National Bank of Beacon..
7588
The Salem National Bank, Salem
5228
10747
7483
10043
11284
1262
13393
10351
280
9322
468
1342
6470
12450
Nov. 15
Nov. 19
Nov. 20
Dec. 11
Dec. 14
_..do
fDec. 17
[-do
Dec. 18
Dec. 19
Dec. 20
Dec. 22
Dec. 24
Dec. 26
Citizens First National Bank of Frankfort... - . d o
The First National Bank of Cooperstown
The First National Bank of East Islip
The National Bank of Newburgh
The Merchants National Bank & Trust Company of Syracuse
_
The Sandy Hill National Bank of Hudson
Falls
The National Bank of Geneva
Dec. 27
-.do
Dec. 29
Dec. 31
}..do
.do
1935
Merchants National Bank & Trust Company
of Poughkeepsie
- Jan. 2
Jan. 3
1307 The First National Bank of Amsterdam
Footnotes at end of table.
1380
Preferred
increase
capital
1 $75,000.00
»3 25,000.00
160,000.00
3 3 60,000.00
225,000.00
155,000.00
2 3 20,000.00
1170,000.00
2 3 91,000.00
1150,000.00
2 3 15,000,00
35.000.00
1450,000.00
2 3 50,000.00
1100,000.00
2 3 20,000.00
Percent
of diviPar Sold at dend
to be
value
per
paid
of
shares share on the
par
value
$50.00
100.00
21.00
40.00
120.00
55.00
80.00
OQIZ
45.50
30.00
15.00
35.00
75.00
25.00
40.00
100.00
70,000.001 100.00
* 30,000.00/
25,000.00 62.50
l 75,000.00 100.00
2 3 50,000.00 100.00
150,000.00
5.00
2 3 50,000.00 10.00
3 20,000.00 100.00
125,000.00 25.00
2 3 10,000.00 25.00
1 50,000.00 25.00
2 3 50,000.00 50.00
50,000.00 125.00
125,000.00 25.00
2 3 47,000.00 100.00
1140,000.00 46%
3
3 30,000.00 60.00
30,000.00 60.00
1 30,000.00 30.00
2 3 12,000.00 40.00
155,000.00
2 3 30,000.00
1 25,000.00 10.00
2 3 40,000.00 40.00
1,500,000.00 150.00
300,000.00 25.00
1 400,000.00 16.00
2 33 200,000.00 16.00
100,000.00 50.00
138,000.001
1312,000.00/ 120.00
2 3 25,000.00 120.00
1100,000.00
3.33^
2 3 65,000.00
6.50
1 198, 950.001 50.00
13 1,050.00/
3 100,000.00 100.00
25,000.00 25.00
f
97, 520.001
\
3 2,480.00J 80.00
300,000.00
/ 1175,000.00
\ 2 3 20,000.00
f 1150,000.00
\2 3100,000.00
$50.00
100.00
21.00
40.00
120.00
55.00
80.00
45?50
30'.00
15.00
35.00
75.00
25.00
40.00
100.00
100.00
62.50
100.00
100.00
5.00
10.00
100.00
25.00
25.00
25.00
50.00
125.00
25.00
100.00
mi
60.00
60.00
30.00
40.00
ib.W
10.00
40.00
150.00
25.00
16.00
16.00
50.00
120.00
120.00
3.33^
6.50
50.00
100.00
25.00
80.00
20.00
12.50
10.00
20.00
12.50
10.00
66%
66%
250,000.00 25.00
300,000.00 125.00
25.00
125.00
14
*4
<4
24
4
U
25
14
26
14
25
4
14
24
14
25
14
25
14
25
5
14
24
14
25
4
14
24
14
25
4
14
24
14
25
14
24
4
4
14
25
5
14
25
14
25
14
25
4
4
14
24
14
24
208
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
Title
8847
9804
The First National Bank of Fleischmanns..
The Citizens National Bank of Poland
NEW YORK—continued
Date
1935
Jan. 3
Jan. 7
The Citizens National Bank of Springville... Jan.
6330
Preferred
increase
capital
8
The Flatbush National Bank of Brooklyn in }jan. 9
New York
Jan. 15.
The National Bank of Waterville
13000
1361
The Second National Bank of Hempstead....
The First National Bank & Trust Company
of Roscoe
--.
The North Syracuse National Bank, North
Syracuse.—
...
The Dundee National Bank, Dundee
First National Bank and Trust Company of
Amityville
The Central Islip National Bank, Central
Islip
The First National Bank of Mount Vernon..
The Farmers National Bank of Hudson
Carthage National Exchange Bank, Carthage.
11375
8191
12938
2463
8873
12379
5271
990
13584
Jan. 17
j a n . 24
...do.....
Jan. 26
J a n . 28
J a n . 31
Feb. 1
Feb. 2
Feb.
4
The Lynbrook National Bank & Trust Company, Lynbrook
}Feb. 7
The First National Bank of Dryden
The Baldwin National Bank and Trust Company, Baldwin
_
The First National Bank of Kenmore
The Fulton County National Bank and
Trust Company of Gloversville
The First National Bank of Poughkeepsie....
6487
11474
12208
3312
465
5675
Mar. 5
Mar. 16
Mar. 29
Mar. 30
County National Bank of
Watertown
The Cazenovia National Bank, Cazenovia.... . . . d o
1490 ("The Jefferson
\
Feb. 26
Par
value
of
shares
$10,000.00 $80.00
30,000.00 50.00
[/ 149,840.001 20.00
\\
13 160.00/
I 2 3 50,000.00 20.00
119,600.00\ 40.00
3 5,400.00/
160,000.00 15.00
2 3 25,000.00 25.00
1200,000.00 40.00
2 3 25,000.00 40.00
160,000.00 12.00
2 3 25,000.00 25.00
\
$80.00
50.00
20.00
20.00
40.00
15.00
25.00
40.00
40.00
12.00
25.00
25,000.00 33M
33^
10,000.00 62.50
62.50
1125,000.00
2 3 65,000.00
16%
170,000.00 100.00 100.00
2 3 10,000.00 100.00 100.00
500,000.00 100.00 100.00
275,000.00 68.75
68.75
/ 1400,000.00 10.00
10.00
\ 23100,000.00 10.00
10.00
f / l 214,500.001 2.50
2.50
13 500.00J
2.50
2 3 50,000.00 2.50
145,000.00 30.00
30.00
2 3 35,000.00 70.00
70.00
1400,000.00 60.00
60.00
\23ioo,OOO.OO 50.00
50.00
50, 000.00
20.00
20.00
' 149,730.00
18.00
3 270.00 } 18.00
!
388,660.00
20.00
3 11,340.00 } 20.00
'' 1400,000.00
10.00
10.00
2 3 200, 000. 00 20.00
20.00
' i 175,000. 00 43.75
43.75
2 3 100,000. 00 100.00 100.00
/ 1 747,120.00 } 40.00
40.00
\13 2,880.00
2 3 50,000. 00 50.00
50.00
25,000.00 100.00 100.00
iSJ
National Bank and JApr. 3
Trust Company of Newburgh
The First National Bank of Woodridge
Apr. 22
The Mariner Harbor National Bank, Mariner
Harbor
_
.._
25,000.00
75.00
May 1
10084 The Cornwall National Bank, Cornwall
100,000. 00 100.00
...do
25.00
11292 /The Port Washington National Bank and }May 11 / 21200,000.00
\ Trust Company, Port Washington
3 65, 000. 00 26.00
11953 The First National Bank of Roosevelti 65,000.00
25.00
May 13
43.75
>
}
222 The First National Bank of Ithaca
May 18 ' / 13 337,800.00 40.00
V 12,200.00 100.00
.2 3 150,000.00
5785 Plattsburg National Bank & Trust Company, Plattsburg
May 29 1,000,000.00 62.50
/ 117,800.00
The First National Bank of Morrisville
May 31 V 3 12,200.00 } 40.00
. 2 3 5> 000. 00 100.00
/The Nassau County National Bank of Roek60.00
11033 t ville Centre
Jjune 7 '. 21300,000.00
3 50,000.00 100.00
Stream National Bank and Trust
r
1275,000.00
27.50
11881 /Valley
}..do
\ Company, Valley Stream
\2 3 100, 000. 00 3 3 ^
June 17 ' 3i 50, 000. 00 25.00
12458 The Oceanside Nationalpank, Oceanside
25,000. 00 50.00
Footnotes at end of table.
1106 /Highland-Quassaick
11059
8194
Percent
of diviSold at dend
to be
paid
per
share on the
par
value
75.00
100.00
25.00
26.00
25.00
43.75
40.00
100.00
62.50
40.00
100.00
60.00
100.00
27.50
33H
25.00
50.00
»4
4
14
24
14
24
14
25
4
4
14
25
14
26
4
4
14
2ft
14
14
4
4
4
14
25
14
14
2ft
4
4
14
24
14
26
25
334
26
14
26
14
26
14
24
REPORT OF THE COMPTROLLER OF THE CURRENCY
209
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
976
10526
12601
13545
11087
10867
13234
12593
3183
13575
9187
Title
NEW YORK—continued
The Putnam County National Bank of
1935
June 25
Carmel
/First National Bank and Trust Company of
\ Pearl River
_
___. [June 29
The First National Bank of Harrison
July 1
Merchants National Bank in Plattsburg
July 5
The Long Island National Bank of Hicks ville_ July 11
Fairport National Bank and Trust Company,
Aug. 12
Fairport
Aug. 15
The First National Bank of Bellerose
/The Citizens National Bank of East North- Aug.
l port
_
Sept.
The First National Bank of Herkimer.
Sept.
First National Bank in Greene
Sept.
The First National Bank of Mineola.
20
4
6
18
Total (86 banks).
NORTH CAROLINA
The First National Bank of Asheboro..
NORTH DAKOTA
12401
6457
The Liberty National Bank of Dickinson
The First National Bank of Oakes
Preferred
increase
capital
Date
Percent
of diviPar Sold at dend
value
to be
per
paid
of
shares share on the
par
value
$50. 00
$50. 00
6
4
10.00
10.00
75.00
100.00
25.00
25.00
10.00
10.00
75.00
100.00
25.00
25.00
»3H
50, 000. 00 125.00
i 49,950. 00 • 25.00
i 3 50. 00
[ 2 3 50,000.00
50.00
/
i 34,000. 00
40.00
2 3 16,000.00 100.00
l 200, 000. 00
75.00
50, 000. 00
25.00
400, 000. 00
10.00
125. 00
25.00
3 $50,000. 00
42,083.33
3 7,916.67
1 170,000. 00
2 3 30,000. 00
1500,000.00
2 3 100, 000.00
1
1 90,000. 00
. 2 3 30,000.00
K
50.00
40.00
100.00
75.00
25.00
10.00
26
l
*M
25
14
25
24
13H
24
18, 285, 000. 00
1934
Dec. 13
50,000. 00
100.00
100.00
1934
Nov. 5
Dec. 13
25,000. 00
20, 000. 00
62.50
40.00
62.50
40.00
25,000. 00
100,000.00
12, 500. 00
1 60,000. 00
2 3 25,000. 00
1 25, 000. 00
2 3 5,000. 00
100.00
62.50
25.00
60.00
100.00
40.00
100.00
100.00
62.50
25.00
60.00
100.00
40.00
100.00
1935
3397
4384
5455
5886
10814
Feb. 14
The First National Bank of Devils Lake
Mar. 6
The First National Bank of Dickinson.
M a y 10
The National Bank of Lakota
The Ramsey County National Bank of
JMay 13
Devils Lake
The First National Bank of Buxton..
July 18
Total (7 banks)
4
4
4
1 4
24
297, 500. 00
OHIO
2220
4792
6059
13273
5075
8017
7621
4133
5262
76
The Waynesville National Bank, Waynesvffle
The Third National Exchange Bank of Sandusky
_
_
The Oxford National Bank, Oxford
First National Bank in Crestline
The National Bank of Ashtabula
The First National Bank of Convoy.
The City National Bank & Trust Company
of Columbus
The First National Bank of Lockland
The First National Bank of Newcomerstown.
The First National Bank of Canton
4331 The First National Bank of Dover.
Footnotes at end of table
1934
Nov. 5
25,000. 00
62.50
62.50
Nov. 8
Dec. 4
Dec. 8
Dec. 12
300,000.00
23,875. 00
3 1,125. 00
25, 000. 00
75,000. 00
75.00
125.00
62.50
100. 00
75.00
125.00
62.50
100.00
1935
Jan. 7
1 25,000. 00
2 3 10,000. 00
50.00
16%
50.00
14
25
10.00
40.00
50.00
100.00
4
14
125.00
4
14
24
Jan. 8
Jan. 23
Feb. 12
Mar. 11
Mar. 13
10.00
1, 200,000. 00
40.00
1 125, 000. 00
2 3 75, 000. 00 50.00
25, 000. 00 100.00
496, 500. 00 125.00
3 3, 500. 00
31.25
1 30,000. 00
\ 2 3 15, 000. 00 50.00
31. 25
50.00
210
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 17.—National banks for which increase of capital has been authorizedt
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
Title
Date
Preferred
increase
capital
Percent
of diviPar
at dend
value Sold
to be
per
of
paid
shares share on the
par
value
OHIO—continued
975
4884
9221
6802
The Farmers National Bank and Trust
Company of Ashtabula
The First National Bank of Girard
The National Bank of Hudson
The Hicksville National Bank, Hicksville.—
1935
Mar. 13
Mar. 14
May 2
June 7
Total (15 banks)
$50,000.00 $25.00
25,000.00 125.00
75.00
30,000.00
1 35,000.00 56.00
2 3 8,000. 00 100.00
$25.00
125. 00
75.00
56.00
100.00
4
,5*
2, 603,000. 00
OKLAHOMA
9942
5905
5270
6940
11397
12128
The National Bank of Commerce of Tulsa_
The First National Bank of Anadarko
The First National Bank of Holdenville
The First National Bank of ClintonThe First National Bank in Tonkawa
The Farmers & Merchants National Bank of
Hooker
1934
Nov. 26
Dec. 6
250,000. 00 20.00
20,000. 00 125. 00
20.00
125. 00
1935
Feb. 2
Feb. 8
Mar. 5
50,000. 00 125.00
83 H
25, 000. 00
25,000. 00 100.00
125. 00
83 H
100.00
15.00
15.00
Mar. 7
Total (6 banks) _
15, 000.00
385,000.00
PENNSYLVANIA
4374
2609
138
4479
9130
10214
6444
6456
8576
5227
6193
8320
4879
7051
12975
10211
5010
10837
13571
9256
4832
6131
6114
249
5025
8446
8678
7722
/The Butler County National Bank and
\ Trust Company of Butler
The First National Bank of Saltsburg
/The First National Bank and Trust Com\ pany of Bethlehem
_
The Citizens National Bank of Corry_
The First National Bank of Factoryville
The Weissport National Bank, Weissport—.
The Peoples National Bank of Stewartstown.
The Manor National Bank, Manor
Lyndora National Bank, Lyndora
The Cement National Bank of Siegfried at
Northampton
1934
•Nov. 6
Nov. 7
•Nov. 8
19
595,875.00
3 4,125.00
25,000. 00
479, 500. 00
8 20, 500. 00
30,375.00
3 44,625.00
25,000. 00
50,000.00
50,000. 00
50, 000. 00
3 25, 000. 00
Dec. 27
100,000. 00
25.00
25.00
50,000.00
50, 000. 00
1400,000.00
2 3 100,000.00
50, 000. 00
3 25,000.00
125. 00
7.00
80.00
100. 00
125. 00
100. 00
125. 00
7.00
80.00
100. 00
125. 00
100. 00
4
4
!4
3 10, 000. 00 100. 00 100. 00
48, 500. 00
31, 500. 00 > 125.00 125.00
3 20,000. 00 100. 00 100. 00
4
200,000. 00 16.00
16.00
25, 000. 00
4.00
4.00
40, 000. 00 • 100. 00 100.00
» 35, 000. 00
50, 000. 00 120. 00 120.00
3 25, 000. 00 100. 00 100. 00
1225,000.00
50.00 50.00
2 3 25,000.00
25.00 25.00
13 50,000.00
50.00 50.00
4
4
Nov.
Dec.
Dec.
Dec.
...do
Dec.
30
1
12
17
1935
The Sheffield National Bank, Sheffield
Jan. 2
...do
The National Bank of Springdale
The Warren National Bank, Warren
Jan. 5
Jan. 12
The Citizens National Bank of Lansford
The Fogelsville National Bank, Fogelsville__ Jan. 16
The Farmers National Bank of ThompsonJan. 17
town
_
The First National Bank of West Newton... Jan. 18
Jan. 23
The First National Bank of Elysburg
The Logan National Bank and Trust Company of New Kensington
...do.....
The First National Bank of Fairfield
Jan. 25
The First National Bank of Philipsburg
Jan. 29
The Union National Bank of Minersville
.do.
The First National Bank of Point Marion. __ Feb. 1
Feb. 12
The First National Bank of Greenville
The First National Bank of Kane
Feb. 21
The Citizens National Bank of East Mauch
Chunk
_
_
...do
The Peoples National Bank of Ellwood City. Apr. 1
The First National Bank of Trevorton
Apr. 6
Footnotes at end of table.
125. 00 125.00
70.00
70.00
• 10.00 10.00
•125.00
40.00
8.00
125. 00
125. 00
25.00
125.00
40.00
8.00
125. 00
125. 00
25.00
» 25,000. 00 50.00 50.00
65, 000. 00 100. 00 100. 00
50.00
i 25, 000. 00
50.00
50.00 50.00
2 3 10,000.00
25
4
5
4
4
4
5
14
25
5
REPORT OP THE COMPTROLLER OF THE CURRENCY
211
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation, unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
Title
PENNSYLVANIA—con tinued
2251
4938
13196
11849
6483
12
10383
13141
7181
870
The Greenville National Bank, Greenville.-.
First National Bank of Meadville
The State Road National Bank of Highland
Park....
The First National Bank of Sipesville
The First National Bank of Slippery Rock...
The First National Bank of Erie...
fThe Abington National Bank of Clark's
\ Summit
The Keswick National Bank of Glenside
The First National Bank of Spanglsr
The Marine National Bank of Erie
Date
Preferred
increase
capital
Percent
of diviPar Sold at dend
value
to be
per
of
paid
shares share on the
par
value
1935
Apr. 16
May 15
$50,000.00 $80. 00
100, 000.00 83 H
$80.00
83 H
May 24
June 20
June 22
July 6
July 8
July 15
Aug. 16
Sept. 28
50, 000. 00
5.00
31.25
i 12, 500. 00
2 310,000. 00 50.00
2 3 25, 000. 00 50.00
66 %
250,000. 00
12.50
i 50,000. 00
20.00
2 3 26, 000.00
5.00
50, 000.00
3 85,000. 00 100. 00
30.00
500,000. 00
5.00
31.25
50.00
50.00
66 %
12.50
20.00
5.00
Total (38 banks).
25
100. 00
30.00
4, 263, 500.00
SOUTH CAROLINA
The Merchants and Planters National Bank
of Gaffney--.
9083 The First National Bank of Camden
2044 The South Carolina National Bank of
Charleston
9407 The Peoples National Bank of Rock Hill
10655
1934
Nov. 2
25, 000. 00
i 10, 000.00
Dec. 26 \f 235,
000. 00
1935
Jan. 2
500,000.00
Jan. 14
3 50,000. 00
Total (4 banks)
125.00
100.00
100.00
125.00
100.00
100.00
100.00
50.00
100.00
50.00
4
24
590, 000. 00
SOUTH DAKOTA
9587
The Fort Pierre National Bank, Fort Pierre.
9376
The First National Bank of Selby
6294
5477
The First National Bank of White
The First National Bank of Centerville
Total (4 banks) _
TENNESSEE
8443
9027
7848
13539
8025
7225
The Harpeth National Bank of Franklin
The First National Bank of Polk County at
Copperhill
The Hamilton National Bank of Chattanooga
The Hamilton National Bank of Knoxville_..
The Hamblen National Bank of Morristown.
The First National Bank of La Follette
1934
25.00
f i 25,000.00
Nov. 5 \ 2 3 io, 000. 00 25.00
25.00
25.00
60.00
f
i
30,000.00
60.00
Dec. 12 \ 235, 000. 00 100. 00 100.00
1935
Jan. 21
15, 000. 00 100.00 100. 00
75.00
May 31
75, 000.00 75.00
160,000.00
1934
Nov. 13
37, 500. 00
25.00
25.00
Dec. 31
15, 000. 00
80.00
80.00
1935
Feb. 4
__do
Feb. 11
Apr. 17
1,000,000. 00
500, 000.00
100, 000.00
25,000. 00
50.00
125.00
50.00
100.00
50.00
125. 00
50.00
100. 00
62.50
62.50
75.00
62.50
1, 677, 500. 00
Total (6 blanks)
TEXAS
4238
5604
13443
6298
The First National B&nk of Beeville___
The First National Bank of Hereford __
Citizens National Bank of Henderson..
The First National Bank of Tulia
State National Bank of Corpus Christi
The San Antonio National Bank, San Antonio
.-4214 The First National Rank of Amarillo
6956 National Bank of Commerce of San Antonio.
Footnotes at end of table.
12235
1657
1934
Nov. 7
Nov. 19
Dec. 3
Dec. 31
50,000.00
25,000.00
50,000.00
25,000.00
62.50
62.50
75.00
62.50
1935
Feb. 11
100, 000.00
62.50
62.50
150,000.00 100.00
3 100,000.00 100.00
400,000.00 125.00
100.00
100.00
125.00
Feb. 27
Mar. 1
Mar. 2
26
14
25
212
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Charter
no.
8694
13428
6001
12119
6107
3286
6176
7376
Title
Preferred
increase
capital
Date
TEXAS—continued
1935
The Yoakum National Bank, Yoakum
Red River National Bank in Clarksville
The First National Bank of Throckmorton__
The First National Bank of Harlingen
The First National Bank of Memphis
The First National Bank of Baird
The First National Bank of Henderson
The Pittsburg National Bank, Pittsburg
Mar. 15
Apr. 5
Apr. 18
Apr. 19
Apr. 30
May 20
May 27
July 15
$62.50
80.00
66H
100.00
12.50
} 62.50
125.00
100.00
$62.50
80.00
66%
100.00
12.50
62.50
125.00
100.00
4
4
100,000.00
25,000.00
100,000.00
22, 500.00
3 2,500.00
50,000.00
25,000.00
100.00
6.25
62.50
}l25.00
50.00
125.00
100.00
6.25
62.50
125.00
50.00
125.00
4
4
4
4
4
5
25,000.00
«25,000.00
12.50
100.00
12.50
100.00
4
4
Feb. 13
25,000.00
50.00
50.00
4
Apr. 1
June 13
3 200,000.00
150,000.00
50.00
100.00
50.00
100.00
5
100.00
100.00
jlOO. 00
31.25
12.50
100.00
100.00
100.00
31.25
12.50
14
»4
4
12.50
12.50
83tf
28.00
25.00
12.50
12.50
83^
28.00
25.00
4
4
4
14
>4
90,000.00
125.00
125.00
4
20,500.00
3 4,500.00
1 45,000.00
2 3 15,000.00
160,000.00
2
3 20,000.00
250,000.00
} 83^
56.25
100.00
30.00
50.00
12.50
83^
56.25
100. 00
30.00
50.00
12.50
4
14
26
14
26
/
\
Total (16 banks) _
8791
11387
6246
11941
1738
6903
11817
6126
1934
Nov. 5
Nov. 9
Dec. 11
Dec. 12
Dec. 13
Dec. 28
The Peoples National Bank of Bedford
The First National Bank of Buena Vista
The Citizens National Bank of Bedford
The First National Bank of Galax__
The Peoples National Bank of Pulaski
The Parksley National Bank, Parksley
The National Bank of Woodstock.
The Loudoun National Bank of Leesburg
The Staunton National Bank and Trust
Company, Staunton
The Colonial-American National Bank of
Roanoke
The Fauquier National Bank of Warrenton..
1935
Jan. 31
Feb. 4
Total (11 banks)
N
5472
3417
12292
12153
WASHINGTON
First National Bank in Montesano
1935
Mar. 30
The National Bank of Tacoma
Apr. 2
The Puget Sound National Bank of Tacoma. May 15
The University National Bank of Seattle
Sept. 18
WEST VIRGINIA
2445
The Peoples National Bank of Parkersburg._ _
The First National Bank of Albright
The First National Bank of Parsons
The First National Bank of Grafton
1934
Nov. 2
Dec. 5
Dec. 11
Dec. 21
1530
8171
6226
The Ronceverte National Bank, Roneeverte. Feb. 16
9604
2649
The Home National Bank of Sutton
Mar. 14
The Parkersburg National Bank, Parkersburg. June 15
Footnotes at end of table.
4
4
m
f » 30,000.00
I 2 3 12, 500.00
/
492,500.00
1
* 7, 500.00
200,000.00
150,000.00
892,500.00
1935
The Merchants National Bank of West Vir- Feb. 12
ginia at Clarksburg
The Lincoln National Bank of Hamlin
_.-do_._-
Total (9 banks)
/
\
3#
750,000.00
•-»
Total (4 banks)
13621
10480
9610
$50,000.00
50,000.00
15,000.00
50,000.00
25,000.00
24,875.00
3 125.00
50,000.00
25,000.00
1,190,000.00
VIRGINIA
11328
9890
10621
Percent
of diviPar Sold at dend
value
to be
per
of
paid
shares share on the
par
value
500,000.00
25,000.00
25,000.00
/ i 175,000.00
\ 2 3 25,000.00
1, 255,000.00
213
HEPOKT OF THE COMPTEOLLEE OP THE CUEEENCY
TABLE N O . 17.—National banks for which increase of capital has been authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase and the rate of dividend, etc., during the year
ended Oct. 31, 1935—Continued
Percent
of divi-
Charter
Title
no.
Preferred
increase
capital
Date
Par
Sold at dend
per
value
to be
of
share paid
shares
on the
par
value
WISCONSIN
11463
12814
10489
11150
64
144
555
4234
4620
6604
6663
8281
2851
11826
6711
10733
The Farmers National Bank of Sparta
Crandon National Bank, Crandon.The First National Bank of Park Falls.
Nov. 17
__ — d o —
Nov. 21
1935
The Security National Bank of Sheboygan
Jan. 17
First Wisconsin National Bank of Milwaukee. Feb. 4
The First National Bank of Madison
Feb. 6
First-Fond du Lac National Bank, Fond du
do
Lac
-The First National Bank of Portage
The First National Bank of Berlin
_..do
do
First National Bank in Oshkosh
The First National Bank of Rice Lake
The Union National Bank of Eau Claire
...do
The First National Bank of Menomonie
Feb. 7
The Pioneer National Bank of Ladysmith
Feb. 8
The First National Bank of Rib Lake
„ Mar. 1
$25,000.00
f i 25,000.00
\ 2 3io,000.00
25,000.00
$50.00
50.00
100.00
50.00
$50.00
50.00
100.00
50.00
4
14
2 6
4
400,000.00
10,000,000.00
500,000.00
25.00
10.00
125. 00
25.00
10.00
125.00
4
4
4
4
10 00
100.00
100.00
10.00
100.00
125. 00
125. 00
100.00
20. 00
100. 00
40.00
40.00
10 00
100.00
100.00
10 00
100.00
125. 00
125.00
100.00
20.00
100.00
40.00
40.00
125 00
25.00
125 00
25.00
r
1
200 000 00
100,000.00
100,000.00
300 000 00
100,000.00
250,000.00
200,000.00
30,000.00
120,000.00
2 3 5,000. 00
June 8 r 120, ooo. oo
The First National Bank of Nelson
\ 2 3 io, 000.00
Total (16 banks)
4
4
4
4
4
4
4
14
14
24
12,320,000.00
WYOMING
4755
10533
The Rock Springs National Bank, Rock
Springs
The Wyoming National Bank of Casper
1935
100 000 00
100,000.00
Jan. 3
Feb. 11
Total (2 banks)
200,000.00
Total United States (403 banks)
i A.
4
4
73,905,750.00
2B.
3 Local.
TABLE N O . 18.—National banks chartered which are conversions of State banks
during the year ended Oct. 31, 1935
Charter
no.
14308
14311
14315
14320
14334
14340
14344
Approxi-
Title and location
State
surDate of Authorized mate
plus and
capital
charter
undivided
Approximate assets
profits
1934
The Farmers & Merchants National
Bank of West Point.
The Oakley National Bank of Buffalo
The Security National Bank of Enid
Nebr_. Dec.
Liberty National Bank and Trust Company of Louisville.
The Miners National Bank of Butte
The Commercial National Bank of
Grand Island.
The Hanover National Bank of WilkesBarre.
Ky____ Jan.
Total (7 banks)
1 Includes preferred capital stock of $1,000,000.
2
Includes preferred capital stock of $200,000.
34335—36
15
4
$50,000
$17,195
$531,166
Minn. Dec. 14
Okla.. Dec. 31
60,000
100,000
38,577
120,915
859,469
1,904,903
1935
8
12,000,000
256,637
21,063,304
Mont. Apr. 30
Nebr.. June 27
100,000
100,000
19,600
56,866
922, 665
1, 694, 341
Pa..__ Sept. 27
2 450,000
216,391
1,860,143
2,860,000
726,181
28,835,991
TABLE N O . 19.—National banks, by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year
ended Oct. 31, 1935
Location
Maine
New Hampshire—
Vermont
Massachusetts
Rhode Island
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
_
_
Number
chartered
Authorized
common
capital
1
$150,000
Voluntary liquidation
Failed
Organized
Number
with
preferred
stock
Authorized
preferred
capital
Number
Capital
Assets
_
1
150,000
= = = = =
_
.
Capital
Gross assets
$215,000
$1,262,962
2
8
200,000
3,640,250
3,032,171
i 43,710,022
3
12
4, 055, 250
48,005,155
g
850,000
1, 275, 000
* 1,150,000
100,000
8,109,587
19, 079,116
17, 049,044
792,615
2
4
200,000
385, 000
2
2
$150,000
225,000
3
6
2$450,000
3 2, 550,020
$8,449, 535
27,958,889
6
585,000
4
375,000
9
3,000, 020
36,408,424
28
3,375,000
45, 030,362
2
1
50,000
25,000
2
1
50,000
25,000
1
3 25,000
362,793
5
2
1
380,000
95,000
500,000
4, 503,615
871,984
2,447,981
1
50,000
1
« 50,000
122,664
3
7 350,000
1,787,924
1
50,000
4
285,000
1,536,682
522, 738
2
19
3
1
1
200,000
1,595,000
130, 000
325,000
100,000
1,619,812
19,482,494
628,104
1,713,350
817,388
1, 008,195
41
3,960, 000
35,409, 334
50,000
125,000
1
3
50,000
75,000
1
8 300,000
9 25,000
io 100, 000
500,000
1
1, 000, 000
1
1,000,000
1
1
11
1, 350, 000
8
1, 200, 000
5
1
2
6
6
15
1
1
4
,
Number
tr1
2
o
j
Ohio
Indiana
Illinois
Michigan
_
Wisconsin
.
_ __
Minnesota
Iowa
Missouri
_
Total Middle Western States
North Dakota
_
South Dakota
Nebraska—
_
Kansas
Montana.. _ _
Wyoming
Colorado.
New Mexico
Oklahoma
Total Western States
..
3
105,000
2
55,000
9
690, 000
5
125, 000
2
1
2
100,000
60,000
110, 000
2
75,000
1
150,000
17
1, 065,000
10
405,000
1
1
5
1
1
ii 30,000
13 100,030
14 375, 000
50,000
150,000
4, 050,813
531, 536
17 157, 766
7
4
12
3
3
10
7
3
12 465, 000
262, 500
is 665,000
16 225,000
225,000
is 405,000
i» 450, 000
680,000
5, 241,468
1,559,954
5,107,761
1,813,412
2,585,598
4,231,484
4,904,152
12,414, 261
9
705,000
5, 048,929
49
3, 377, 500
37,858, 090
311, 026
4
6
6
8
1
115, 000
20 320, 000
375,000
265,000
25,000
836,132
2,349, 641
3,175,174
1, 727,493
65,997
308,814
.
3
1
1
175,000
30,000
100,000
1
1
75,000
20,000
3
225, 000
1
25,000
8
530,000
3
120,000
1
1
2i 50, 000
50,000
311, 026
1
1
9
25,000
25,000
680,000
295,996
165, 796
4,934, 28*
36
1, 830, 000
13, 550, 517
12 Includes 2 banks with preferred capital stock of $250,000.
Includes 1 bank with capital stock of $50,000 and assets of $77,858 previously reported in voluntary liquidation.
s Includes 1 bank with capital stock of $300,000 and assets of $5,117,787 succeeded by a new national bank organized by the F. D. I. C. as provided by the act of June 16, 1933, as
amended
Aug. 23, 1935.
4
Includes 1 bank with preferred capital stock of $25,000.
s6 Includes 1 bank with capital stock of $25,000 and assets of $362,793 succeeded by a new national bank organized by the F. D. I. C. as provided by the act of June 16, 1933.
Includes 1 bank with capital stock of $50,000 and assets of $122,664 previously reported in voluntary liquidation.
7
Includes 1 bank with preferred capital stock of $30,000.
s Includes 1 bank with capital stock of $300,000 and assets of $522,738 previously reported in voluntary liquidation.
8
Includes 1 bank with capital stock of $25,000 and assets of a nominal value for which a receiver was appointed under the act of Apr. 23, 1930.
i° Includes 1 bank with capital stock of $100,000 and assets of a nominal value previously reported in voluntary liquidation.
n2 Includes 1 bank with capital stock of $30,000 and assets of $308,814 succeeded by a new national bank organized by the F. D. I. C. as provided by the act of June 16, 1933.
i Includes 1 bank with preferred capital stock of $30,000.
is Includes 1 bank with capital stock of $100,000 and assets of a nominal value previously reported in voluntary liquidation.
n Includes 2 banks with capital stock of $175,000 and assets aggregating $317,918 and 1 bank with capital stock of $50,000 and assets of a nominal value previously reported in
voluntary
liquidation.
15
Includes 1 bank with preferred capital stock of $100,000.
167 Includes 1 bank with preferred capital stock of $50,000.
118 Includes 1 bank with capital stock of $150,000 and assets of $157,766 previously reported in voluntary liquidation.
Includes 2 banks with preferred capital stock of $10,000.
19 Includes 1 bank with preferred capital stock of $25,000.
20
Includes
2 banks with preferred capital stock of $150,000.
21
Includes 1 bank with preferred capital stock of $25,000 and common capital stock of $25,000 and assets of $311,026 succeeded by a new national bank organized by the F. D. I. C.
as provided by the act of June 16, 1933.
I
o
o
W
bO
TABLE NO. 19.—National banks, by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year fcO
ended Oct. 81, 1935—Continued
Failed
Organized
Location
Washington
Oregon
California
Idaho
Arizona
Utah
-
Total Pacific States
Virgin Islands
. .-
Total insular possessions
Total United States and insular possessions..
Number
chartered
Authorized
common
capital
Number
with
preferred
stock
Authorized
preferred
capital
1
3
$25,000
150,000
1
3
$25,000
150,000
1
260,000
1
1,240,000
5
435,000
1
25,000
5
_
1,415,000
Number
Capital
Voluntary liquidation
Assets
Number
Capital
Gross assets
1
$50,000
$836,395
6
14
1
1
1
22 $410, 000
23 2,450,000
25,000
50,000
« 82, 500
$4,818,823
21,270,337
111,316
523, 651
497,480
1
50,000
836, 395
23
3,017, 500
27, 221, 607
25
4,305, 020
43,612, 969
189
19,615,250
207, 075,065
I
g
125,000
1
25,000
1
125,000
49
4,140, 000
31
3,640, 000
o
22 Includes 2 banks with preferred capital stock of $125,000.
23 Includes 1 bank with preferred capital stock of $20,000.
2* Includes 1 bank with preferred capital stock of $32,500.
O
2
O
217
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, 1935
Conversions
Primary
organizations
Reorganizations
Total
Months
Number
__ _ .
._
- __
3
1
$210, 000
2,000,000
1
100,000
1
100,000
1
450, 000
17
2,860, 000
Number
Capital
9
7
4
3
2
2
1
1
$860,000
550,000
350,000
1,600, 000
150, 000
100, 000
100, 000
100,000
1
60,000
2 30
3,870,000
Number
Number
Capital
1
$50,000
1
1
2
2
2
200,000
50,000
250,000
200,000
100,000
2
1
II
November
December
January
February
March
April
May
June —
July
August
September.
October
Total
Capital
3 12
1,050,000
Capital
10
11
5
4
4
5
3
2
$910,000
960,000
2,350,000
1, 650,000
400,000
400,000
200; 000
200,000
2
2
1
100,000
550, 000
60,000
«49
7,780,000
1 2 of these banks had $1,200,000 preferred capital stock.
2
24 of these banks had $2,215,000 preferred capital stock.
» 5 of these banks had $225,000 preferred capital stock.
* 31 oi these banks had $3,640,000 preferred capital stock.
TABLE N O . 21.—Principal items of assets and liabilities of licensed national banks,
classified according to capital stock, Dec. 31, 1934
• CAPITAL STOCK OF LESS THAN $50,000
fin thousands of dollars]
Location
Loans
and disNum- counts, Investber of includbanks ing re- ments
discounts
Total
assets
Surplus,
profits,
and reCapital serves
for contingencies
Circulation
Total
out- deposits
standing
COUNTRY BANKS
Maine _ _
New Hampshire
Vermont _
Massachusetts
Connecticut..
. . .Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States
Virgiaia
West Virginia
North Carolina
South Carolina
Georgia
__ _
Florida
Alabama.. .
Texas
. .
Arkansas
Kentucky
Tennessee.
Total Southern States...
Ohio
Indiana
Illinois
1
3
1
3
3
52
257
123
439
584
204
294
60
346
664
371
707
238
999
1,469
25
90
25
75
95
66
65
31
111
70
7
50
25
55
50
272
465
158
754
1,243
11
1,455
1,568
3,784
310
343
187
2,892
48
11
84
2
5
6,489
1,859
13, 787
266
761
9,117
2,745
16,875
254
1,164
19,199
5,906
37,918
590
2,577
1,332
324
2,330
50
140
1,299
417
3,780
47
235
923
132
2,056
18
121
15,421
5.003
29,657
437
2,081
150
23,162
30,155
66,190
4,176
5,778
3,250
52, 599
22
11
2
3
6
2
14
109
13
13
15
4,083
1,463
292
400
723
88
2,395
8,872
1,367
2,349
1,807
2,152
1,231
169
387
366
192
1,464
6,583
1,160
1,634
1,799
8,343
3,989
881
1,336
1,684
595
5,545
26,274
3,835
5,379
5,426
595
325
50
75
170
50
390
3,058
415
345
440
516
202
36
46
92
48
398
1,559
160
386
229
455
262
26
75
100
50
275
1,331
225
261
334
6,631
3,200
768
1,139
1,322
447
4,468
20, 266
3, 033
4,387
4,417
210
23,839
17,137
63,287
5,913
3,672
3,394
50,078
36
27
66
3,938
2,863
5,440
4,919
3, 526
9,050
11, 639
9,358
21,865
1,071
755
1,912
613
393
867
817
677
1,438
9,056
7,528
17,610
218
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 21.«—Principal items of assets and liabilities of licensed national hanks,
classified according to capital stock, Dec. 31, 1984—Continued
CAPITAL STOCK OF LESS THAN $50,000—Continued
[In thousands of dollars]
Loans
and disNum- counts, Investber of includbanks ing re- ments
discounts
Location
Total
assets
Surplus, Cirprofits, culaand reTotal
Capital serves tion
out- deposits
for con- standtingening
cies
COUNTRY BANKS—COntd.
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
7
14
82
28
18
646
1,718
8,987
2,718
1,894
1,251
2,410
16,274
3,819
2,359
2,551
5,513
35,225
10,613
6,227
240
443
2,485
765
543
139
157
1,292
475
236
195
210
1,843
559
339
1,978
4,685
29,525
8,810
5,108
278
28,204
43,608
102,991
8,214
4,172
6,078
84,300
. ..
36
30
45
77
21
6
28
10
118
2,633
2,328
4,659
6,569
1,562
655
2,545
861
9,186
4,839
3,378
4,753
6,649
1,765
924
2,511
1,075
12,066
11,400
8,360
15,990
22,221
5,851
3,393
8,765
3,416
34,564
1,024
888
1,297
2,080
656
165
758
270
3,158
554
365
766
861
235
190
380
164
1,423
669
465
724
1,267
180
121
415
106
1,444
9,120
6,626
13,146
18,079
4,764
2,912
7,204
2,874
28,474
Total Western States-—
371
30,998
37,960
113,960
10,296
4,938
5,391
93,199
15
11
18
8
3
1
1,255
785
1,840
620
532
110
2,401
1,110
3,123
711
221
251
5,377
3,118
7,618
2,676
1,047
541
427
275
522
235
75
25
171
144
577
90
100
14
191
131
231
80
50
10
4,586
2,568
6,221
2,271
821
492
1,096
693
16,959
19,999 18,993
300,027
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado -New Mexico
Oklahoma _- __
Washington
Oregon
California
Idaho . . _
Utah__
Arizona
_ .
Total Pacific States
Total United States
56
5,142
7,817
20,377
1,559
1,076
112,800
138,245
370,589
30,468
CAPITAL STOCK OF $50,000 BUT LESS T H A N $200,000
RESERVE CITIES
Dallas
Waco
Pueblo
._
Total reserve cities
1
1
734
92
5,920
994
1,945
249
83
150
100
185
1,984
430
1,374
150
100
1
100
80
100
5,369
711
1,661
3
1,011
3,788
8,859
350
412
350
7,741
22
35
32
61
4
21
7,873
12,803
10,686
23,843
1,117
8,234
14,940
11.176
12,985
31, 298
937
9,473
28,601
31,688
29,214
70, 917
2,628
23, 241
2,485
3,122
3,055
6,041
420
2,133
1,643
3,074
1,667
5,476
362
2,171
1,135
2,617
2,007
3,761
285
1,299
23,262
22, 555
22,392
55,430
1,553
17,567
COUNTRY BANKS
Maine
Vermont
Massachusetts
Khode Island
Connecticut
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina - >
Georgia
Florida
175
64,556
80,809
186,289
17,256
14,393 11,104
f42,759
251
140
435
10
43
87,012
56,751
183,929
3,462
20,230
130,418
82,747
231,477
3,666
24,468
265,855
178,223
511,496
8,449
55,671
24,640
14,245
39, 228
940
3,636
14, 920 12,065
9,686 7,539
49,486 27,148
714
607
3,818 2,253
212,521
145,887
394,273
6,003
45,830
879
351,384
472,776 1,019,694
82,689
78,624 49,612
804,514
80
50
28
10
41
31
36,846
18,689
11,948
2,947
18,131
6,436
81,947
50, 237
38,728
14,949
38, 637
38,414
6,933
4,335
2,655
925
3,693
2,655
25,426
17,797
12,926
6,314
10,529
17,819
4,996
2,440
1,883
444
2,736
1,680
5,120
3,160
1,523
598
2,610
1,633
64,803
40,254
32,582
12,962
28,446
32,378
KEPORT OF THE COMPTROLLER OP THE CURRENCY
219
TABLE NO. 21.-—Principal items of assets and liabilities of licensed national banks,
classified according to capital stocky Dec. 31, 1934—Continued
CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000—Continued
tin thousands of dollars]
Loans
and disNum- counts, Investber of includ- ments
banks ing rediscounts
Location
Total
assets
Surplus,
profits,
and reCapital serves
for contingencies
Circulation
Total
out- deposits
standing
COUNTRY BANKS—continued
Alabama
Mississippi . . .
Louisiana
Texas
Arkansas
Kentucky
. _
Tennessee
Total Southern States._
36
16
18
278
28
68
40
14,508
6,618
5,021
64, 769
9,489
26,973
15,501
7,868
9,008
4,033
71, 419
7,743
23, 291
11, 210
31,277
22,122
14,720
219,691
24,748
67,759
37, 073
2,830
1,630
1,350
20,305
2,180
5,825
3,249
2,253 2,295
959
983
742
759
12,320 12,333
1,092 1,346
4,316 4,454
1,634 2,564
23,565
18,428
11,815
174,163
20,117
53,050
29,584
724
237,876
225,383
680,302
58, 565
37,536 39,337
542,147
Ohio
Indiana
Illinois
. . _ _
Michigan
Wisconsin
.
Minnesota
Iowa_._
_- __ _
Missouri
Total Middle Western
States
_
149
72
163
52
65
102
83
45
43, 325
17,196
36,053
12,108
18,131
21,187
18, 056
11, 201
60, 279
30, 292
75,852
25,152
37,524
53,009
27,758
16, 262
142,168
70,605
164, 230
51,324
74, 215
100,872
73,178
41,630
12,619
6,315
12,970
4,272
5,340
7,450
5,301
3,355
731
177,257
326,128
718,222
57, 622
25
24
82
96
16
15
41
12
82
5,306
4,757
17, 258
21,113
3,467
6,084
8,787
4,118
17,983
10,497
7,446
27,707
30,188
8,366
5,529
16,187
6,392
37,055
23,470
19,471
71, 084
90,162
19,851
17, 675
41, 544
19,976
84,332
1,915
1,760
5,390
6,902
1,505
1,170
3,395
950
5,762
393
88,873
149,367
387, 565
28,749
37
37
77
15
6
5
3
9,563
9,520
22, 436
3,343
2,169
1,410
622
17,166
15,934
28, 360
5,913
1,419
3,215
1,564
38, 216
38,114
71, 362
15, 716
5,294
6,097
3,550
2,735
2,795
6,313
1,045
400
410
200
180
49,063
73, 571
178, 349
4
1,277
2,083
5,367
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)...
8,739
4,170
6,437
2,276
2,892
3,970
2,826
2,394
112,192
57,115
138,132
42,655
62,666
84,866
62,582
34,050
31,629 33,704
594,258
8,428
2,952
6,456
2,096
3,202
4,269
2,410
1,816
817
468
3,176
4,646
567
904
1,613
499
3,543
19,664
16,396
59, 243
75,134
16,807
14,483
35,194
17,883
71,367
15, 509 16, 233
326,171
1,492
1,297
3,545
528
240
196
30
1,582
1,618
3,999
621
228
207
200
32, 379
32, 394
57,363
13,510
4,423
5,281
3,108
13, 898
7,328
8,455
148,458
313
218
171
4,665
1,003
783
3,213
3,241
908
1,101
1,274
614
3,372
Total country banks
3,086
970, 286 1,330,117 3,175, 788
259,092
185, 237 158, 616 2, 562,972
Total United States
3,089
971, 297 1,333,905 3,184, 647
259,442
185,649 158,966 2, 570,713
CAPITAL STOCK OF $200,000 BUT LESS T H A N $500,000
CENTRAL RESERVE CITY
Chicago
5
2,829
6,741
14,680
1,100
486
400
12,652
2
2
5
2
1
3
1
2
2
2
1,241
856
5,824
2,765
1,272
5,164
1,423
6,575
4,221
702
1,261
2,651
11,834
4,755
3,542
4,941
2, 345
9,410
4,623
2,445
3,780
4,284
22, 441
9,841
7,101
16, 705
6, 265
24, 043
14, 543
5,584
500
500
1,475
700
400
850
300
600
500
750
240
269
2,171
549
609
1,404
388
1,213
496
274
360
1,246
270
400
352
300
583
400
3,031
3,128
17,487
8,299
5,679
14,037
5,247
21, 602
13,135
4,537
OTHER RESERVE CITIES
Brooklyn and Bronx.
.
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
_ _.
Charlotte
El Paso
Galveston . _
San Antonio
220
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,
classified according to capital stock, Dec. 31, 1931?—Continued
CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000—Continued
[In thousands of dollars]
Loans
and disNum- counts, Investber of includbanks ing re- ments
discounts
Location
Total
assets
Surplus, Cirprofits, culaand re- tion
Total
Capital serves
out- depositsfor con- standtingening
cies
OTHER RESERVE CITIES—<JOn.
Waco....
Little Rock
Nashville
Cincinnati..
Toledo.
Chicago—
Minneapolis. _.
Dubuque
Sioux City...
Kansas City, Mo
St. Joseph
St. Louis
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Oklahoma City
244
300
300
160
200
700
300
300
15,975
14,985
8,805
270, 296-
17,075
15,471
9,205
282,948
3,450
2,548
2,175
10,811
650
5,590
2,713 1,631
2,827 1,778
1,157 1,159
6,730 5,461
550
977
3,495 3,277
36,872
24, 379
13, 278
97,481
4,478
51,250
285,931
25,224
17,899 13,856
227,738
315,887
189,760
419,764
12,340
31, 748
27,467
16,983
33,182
913
2,527
15,152 11,817
10, 398 7,579
39, 555 21,121
2, 266
578
1,093
908
259,834
153, f 54
324,488
8,544
27,139
442, 585
969, 499
81,07!
68, 464 42,003
773,959
K 768
5,857
13,075
10,197
6,855
5,900
4,791
14, 492
15,105
10, 519
1,481
28,960
11,084
14, 276
3,767
44,012
27,255
22,160
21, 405
15,077
29, 528
45,664
29, 620
6,584
101, 831
24, 841
36,878
14, 577
3,675
2,550
2,315
1,150
1,575
2,350
4,650
2,150
575
7,300
1,200
3,405
1,650
140,989
140, 502
419, 432
34, 545
37,958
14,197
24, 363
10,777
12,140
12, 322
4,252
4,244
48, 365
21, 591
57,622
22,143
22, 480
20, 718
4,169
7,780
117, 26*
56,017
121,800
46, 316
50, 203
47, 516
12, 455
17, 692
10,995
4,265
8,260
3,575
4,200
3,650
810
1,602
142 120, 253 204,868
469,263
37,357
3,037
3,366
2,055
5,728
2,242
13, 481
1,122
5,262
11,108
680
5,477
3,473
4,218
8,333
1,815
2,033
2,113
6,656
2,540
55
68,454
132, 546
310,701
60
71,283
139,287
325,381
13, 979
11,079
5,663
43,062
1,928
27,771
21, 359
13,990
9,187
50,346
4,156
23,948
44,793
31,684
17, 809
120,870
6,933
63,842
122,986
104
63
127
4
9
100,034 15.4, 762
62,534 86, 363
155, 348 180, 752
4,595
5,727
10, 369 14, 981
307
332,880
_.
-.
_.
_.
_
Tulsa..
Total other reserve cities.
Total all reserve cities..
9,332
7,824
6,851
8, 816'
2,462
25,412
3,107
6,501
23, 339"
5,114
18, 704
3, 705
9, 650'
12, 761
3,192
5,698
3,767
10,017
7,864
281
252
422
1,063
131
1,211
203
466
842
268
730
156
337
313
56
110
161
259
111
1,727
2,175
2,874
1,177
221
5,344
1,242
833
5,435
1,102
5,772
286
1,
1,748
899
1,047
836
1,352
2,456
250
10,115
500
8,901
300
7,900
400
10, 442
400
3,220
28, 743
1,300
4,012
400
7,568
300
26,109
1,250
5,702
300
600
20,329
350
4,561
300
10, 591
650
14,056
200
3, 552
200
6,117
400
4, " "
650
10, 940
650
8,650
288
350
299
285
100
100
296
COUNTRY BANKS
Maine
_
New Hampshire
Vermont
Massachusetts. __
Rhode Island
Connecticut
Total New England
States
New York
New Jersey
Pennsylvania...
Delaware
_.
Maryland
_.
Total Eastern States
Virginia
West Virginia...
North Carolina.
South Carolina..
Georgia...
Florida
Alabama.
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States._
Ohio...
Indiana
.
Illinois
Michigan. __
Wisconsin..
Minnesota..
Iowa
Missouri
Total Middle Western
States
91
28
134
103,48:
20,488
10, 576
7,058
7,268
6,28:
4,580
17, 437
8,151
2,036
29,093
2,495
1,724
800
749
1,321
960
3,071
950
278
3,499
495
2,375
749
34, 399
21,806
17,960
18,178
11, 520
25, 233
35, 239
25, 620
5, 510
86, 414
21, 36&
29, 4911
11,809
19,687 19, 466
344, 547
7,592
1,729
3,828
2,099
2,515
1,737
592
849
91, 383
47,958
104, 680
35,763
41, 435
40, 253
10, 611
14, 704
19, 215 20,941
386, 787
3,292
1,076
1,025
1,284
621
942
2,513
820
208
4,473
1,562
1,514
35"
6, 725
1,774
4,900
1,344
1,916
1,658
370
528
REPOKT OF THE COMPTROLLER OF THE CURRENCY
221
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,
classified according to capital stock, Dec. 31, 1984—Continued
CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000— Continued
[In thousands of dollars]
Loans
and disNum- counts, Investber of includbanks ing re- ments
discounts
Location
Total
assets
Surplus,
profits,
and reCapital serves
for contingencies
Circulation
Total
out- deposits
standing
COUNTRY BANKS—continued
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma...
_
_
_
Total Western States...
Washington
Oregon
California
Idaho
Nevada
Arizona
_
Total Pacific States
474
475
170
865
734
330
700
300
875
15,413
19, 325
7,020
25, 351
24,898
17,918
20, 363
5,399
20,532
12,880
649
533
354
1,118
I,'""
586
749
120
922
6,517
4,923
156,219
10,118
54,485
3,237
11,866
14,120
1,250
600
4,865
200
250
900
663
479
2,517
48
296
350
900
350
2,974
100
200
497
44, 065
2,887
10, 974
12, 337
107,508
8,065
4,353
5,021
89,818
4,044
5,501
1,894
7,642
3,896
4,602
6,320
1,037
5,513
7,732
10,208
3,653
7,418
14, 592
6,871
7,366
2,269
9,607
18,419
23,112
8,011
29, 319
28, 548
20,188
23,142
6,125
24,067
1,725
2,625
450
2,050
1,400
1,330
1,300
300
1,700
40,449
69,716
180,931
3,833
2,036
16, 702
346
1,097
2,502
5,
4,610
21, 709
1,718
6,884
6,762
13,682
26, 516
47,666
10,866
8,689
Total country banks
758
764, 569 1,028, 323 2,432, 564 199,143
136,135 106, 210 1,979,068
Total United States
818
835,852 1,167,610 2,757, 945 216,218
151,606 115,41, 2, 262,016
CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000
CENTRAL RESERVE CITIES
New York
Chicago..
Total central reserve
cities..
2
1
1,101
951
3,851
2,046
6,473
5,669
1,000
500
418
200
650
200
4,377
4,741
3
2,052
5,897
12,142
1,500
618
850
9,118
4
3
1
2
3
2
1
1
1
2
3
1
1
1
2
2
2
1
1
5
1
3
2
1
2
1
2
1
5,344
1,994
1,341
4,947
8,320
4,177
1,748
2,708
5,044
2,651
5,432
2,245
7,268
2,283
3,864
5,375
3,445
3,729
8,735
13, 668
1,593
2,635
4,961
3,073
3,650
829
8,520
1,386
10,982
3,027
5,204
8,397
10,628
3,518
946
3,897
1,041
4 068
8,608
1,225
4,876
4,870
8,630
10,982
7,212
1,958
8,901
21, 857
2,868
16, 006
15,191
3,038
10, 516
5,147
16, 680
6,163
20,134
7,510
9,424
21,577
39,198
13,218
4,928
11,890
8,024
10,756
23,844
6,857
17,419
9,083
19,753
24, 277
14, 684
7,317
25, 774
54, 067
7,955
25,176
27,682
13,197
25, 279
10,356
32,197
21,271
2,475
1,500
700
1,350
1,900
1,000
600
750
750
1,250
1,600
500
600
500
1,100
1,260
1,640
500
500
2,750
500
2,050
1,350
750
1,000
600
1,100
500
718
275
407
1,078
2,087
687
128
414
413
256
658
201
353
949
528
1,828
401
130
1,061
2,238
375
654
541
183
693
409
2,149
1,052
972
300
700
372
15,878
5,426
7,577
18, 685
35,142
11,195
3,768
10, 720
6,812
8,792
20, 505
6,146
15,897
6,954
17,824
20,761
11, 689
6,443
24, 213
48, 678
7,014
21,619
24, 707
11,954
22, 750
9,137
28,023
19,153
OTHER RESERVE CITIES
Brooklyn and Bronx
Philadelphia _ _ _ _ _
Pittsburgh
Baltimore
_.
_
Washington, D . C
Charlotte
Savannah
_
Fort Worth
Galveston _
Houston
San Antonio
Little Rock
Nashville
Cincinnati
Chicago
__
Peoria
Grand Rapids
St. Paul
Cedar Rapids
Kansas City, Mo
St. Joseph
_
St. Louis
Lincoln
_ ._
.
Kansas City, Kans
Topeka
Helena
Denver
Pueblo
275
200
400
1,016
500
485
247
400
900
200
10
50
833
1,046
300
800
200
800
500
222
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 21 .•—Principal items of assets and liabilities of licensed national banks,
classified according to capital stock, Dec. 31, 1934—Continued
CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000—Continued
[In thousands of dollars]
Loans
and disNum- counts, Investber of includbanks ing re- ments
discounts
Location
Total
assets
Surplus, Cirprofits, culaand reTotal
Capital serves tion
out- deposits
for con- standtingening
cies
OTHER RESERVE CITIES—Con.
Oklahoma City
Spokane
Salt Lake City
. . ...
250
1,050
12,449
3,564
22,190
33,725
22,001 12,806
485,665
35, 225
22,619 13,656
494,783
619
370
469
6,230
2,067
2,590
500
549
750
3,492
1,441
998
13,719
9,042
7,911
96,343
22, 304
36,042
1
1
2
645
959
4,164
5,967
1,640
12,461
13,150
4,423
25,736
500
500
1,650
Total other reserve cities.
56
126, 733
226, 504
556,156
Total all reserve cities
59
128, 785
232,401
568,298
2
2
2
17
4
5
6,729
3,706
4,137
44,903
12,851
19,418
5,929
5,580
4,545
49, 270
10,214
12, 652
16,297
11,368
10,481
117,320
28,503
43,116
1,400
1,400
1,300
10, 770
2,550
3,250
202
109
824
COUNTRY BANKS
Maine _ _.
New Hampshire
Vermont
Massachusetts
Rhode Island. ._
Connecticut
Total New
States
._
England
32
91, 744
88,190
227, 085
20, 670
12,345
7,730
185,361
New York
New Jersey __
Pennsylvania
Maryland
_. __
Total Eastern States....
30
10
28
1
75, 759
33, 506
84,145
3,645
93,115
44,984
89, 287
2,360
207, 649
100,447
219, 352
6,999
18,241
5,800
16,875
500
172, 212
88, 040
173, 023
5,896
69
197, 055
229, 746
534,447
41,416
8,221 8,287
3,962 2,300
17, 271 11,168
398
205
29,659 22,153
439,171
Virginia
West Virginia
_.
North Carolina ._ _.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
..
Kentucky
Tennessee
Total Southern States...
9
6
2
1
1
1
2
4
8
3
1
4
22, 745
13, 420
5,603
3,513
1,487
971
4,607
6,960
18, 590
6, 735
1,357
7,694
13, 225
10, 583
1,711
1,274
2,050
889
4,041
6,813
14, 061
7,056
1,142
13, 866
47, 640
32, 234
11,407
7,097
5,966
3,975
10,655
20, 755
57, 219
19,420
3,432
35,491
5,350
3,590
1,100
500
800
500
1,300
2,200
4,800
1,500
500
2,250
3,050
1,990
250
200
800
300
300
670
2,845
1,100
230
1,100
37, 018
24, 664
9,548
6,109
4,120
2,969
8,785
17, 203
47,293
15, 808
1,951
31,229
42
93, 682
76, 711
255, 291
24,390
10, 635 12,835
206, 697
12
27, 731
11,365
16, 430
12, 332
14, 651
3,770
1,636
5.313
33,904
18, 070
32, 742
19,111
20, 764
8,540
3,145
6,299
84, 763
44,812
72,186
47,362
49, 740
19, 243
7,092
16,495
7,390
3,470
4,400
4,910
4,000
1,750
750
1,200
45
93, 228
142, 575
341, 693
27,870
2,744
1,953
3,973
1,976
3,004
7,306
5,498
12,330
5,273
5,523
750
500
1,150
500
500
141
133
529
126
283
150
100
205
250
300
6,239
4,750
10,411
4,392
4,429
Ohio
Indiana .
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri _ _
Total Middle Western
States.._
2,028
1,909
491
248
232
192
240
598
2,101
994
722
880
2,925
1,256
2,318
1,573
2,361
676
192
392
2,267
998
2,200
2,110
1,440
975
200
300
71, 968
39,006
63,128
38, 225
41,810
15,772
5,904
14, 596
11,693 10,490
290,409
North Dakota
South Dakota
MontanaNew Mexico
Oklahoma
Total Western States._.
1
1
1,796
882
2,469
975
1,196
6
7,318
13, 650
35,930
3,400
1,212
1,005
30, 221
Washington
California
Idaho
Arizona
..
Total Pacific States
«:
4
1
1
9
4,976
10, 718
1,502
1,913
6, 562
10, 672
6,998
1,175
18, 380
27, 765
11,403
6,752
1,600
2,100
800
500
484
1,640
146
407
1,300
2,000
500
150
14,995
22,019
9,945
5,689
25,407
64,300
5,000
2,677
3,950
52,648
Total country banks
203
502,136
576, 279 1,458, 746
122, 746
68, 221 58,163 1, 204, 507
Total United States
262
630,921
808,680 2, 027, 044
157,971
90,840 71,819 1, 699, 290
19,109
REPORT OF THE COMPTROLLER OP THE CURRENCY
223
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,
classified according to capital stock, Dec. SI, 193 4—Continued
CAPITAL STOCK OF $1,000,000 BUT LESS THAN $5,000,000
[In thousands of dollars]
Loans
and disNum- counts, Investber of includbanks ing re- ments
discounts
Location
Total
assets
Surplus, Cirprofits, culaand re- tion
Capital serves
outfor con- standtingening
Total
CENTRAL RESERVE CITIES
New York
Chicago
Total central reserve
cities
,
17,508
41,418
31,303
67,125
65,428
179,035
4,014
9,250
3,427
4,'
3,414
2,400
53,558
162,187
58,926
98,428
244,463
13,264
8,095
5,814
215,745
54,991
72,149
1,939
1, 259
124,644 112,356
15,119
8,251
13, 771 128,723
27,928 51, 694
21,062 30,107
10,109
8,166
17,157 41,050
58,353 62,368
5,844
6,343
18,014
24,815
4,487
3,069
61, 038
31,996
19, 862
6,899
4,024
4,291
21, 584 45,331
46, 481 36, 530
5,179
4,577
72,437
27,919
20,870 52, 474
7,213
6,568
15,480 30, 722
5,242
17,126
4,353
6,341
4,282 13, 287
16,484
30, 857
23,138 58, 253
9,540 19,791
24, 292 43,526
10,137
15,850
20,073
53,488
4,212
4,966
11, 244
7,270
21, 468 29, 762
2,365
4,250
29,431
74, 728
33,948 78, 661
3,686
2,472
5,762
6,375
2,614
8,176
200,093
4,798
355,832
31, 719
189, 514
114, 586
74, 307
28, 287
85, 329
183, 803
19, 741
68,278
10, 522
152, 555
41, r 12,460
88,425
114, 540
13,998
137, 722
132, 040
23, 606
80,102
31,414
15,407
25, 688
63, 311
145, 078
43,367
107, 309
45,472
13, 743
135
33,555
3,854
8,466
4,332
3,851
675
2,111
6,099
377
1,862
321
6,610
1,400
344
4,761
6,163
675
4,428
5,846
1,072
2,671
1,177
359
265
1,028
494
400
4,099
500
500
2,050
500
293
3,059
4,969
500
1,230
500
5,481
1,700
M56
2,438
1,870
3,935
319
1,348
3,585
302
5,792
5,503
210
504
601
1, 252
1, 000
122, 276
15,173
33,482
72,168
13,199
156,849
131,900
9,440
17,037
16,930
7,500
1,000
18, 526
2,000
5,500
6,550
4,000
1,500
6,000
8,200
2,000
4,000
1,000
10,000
2,700
1,000
2,000
5,500
1,000
8,700
7,050
2,000
3,000
2,200
1,000
2,500
5,600
4,250
2,500
6, 545
2,000
5,400
1,200
2,500
5,000
1,000
6,500
4,500
1,000
1,000
1,000
176,347
3,243
294,620
25,337
173, 755
101,426
65, 642
25, 698
74, 048
163, 062
16,833
60,976
8,653
129, 554
35, 394
10, 611
79,350
98, 021
11,494
118,935
113,869
19,018
74,149
26, 664
13,464
22, 277
55, 223
136,743
38,332
97,135
41,463
110,065
13, 042
29,510
59,852
11, 385
138, 326
117,302
7,149
15,039
14,544
84
808,333 1,344,360 3,229,123
166,421
147,621
92
867, 259 1,442,788 3,473, 586 179,685
OTHER RESERVE CITIES
Boston
Brooklyn and Bronx
Philadelphia
Pittsburgh
Baltimore
Washington, D . C
Richmond
Atlanta.
Jacksonville
New Orleans
Dallas
Fort Worth
Galveston
Houston
__
San Antonio
Waco
Louisville
Memphis
Cincinnati
Columbus..
Indianapolis
Peoria_._
Detroit
Milwaukee
Minneapolis.
St. Paul
Des Moines
Kansas City, M o . .
St. Louis
Omaha
Wichita
Denver
Oklahoma City
Tulsa
Seattle
Spokane
Portland
Los Angeles
San Francisco
Ogden
Salt Lake City
Total o t h e r
cities
__
_.
_.
1,'
4,500
819
3,936
4,900
1,500
1, 200
500
500
1, 250
2,500
600
3,400
500
5,500
4,200
500
393
750
reserve
Total all reserve cities..
2,827,600
155, 716 74, 273 3,043,345
COUNTRY BANKS
Maine.
_
Massachusetts
Rhode Island
Connecticut
Total New
States..
6,978
28,390
23,063
51,086
18, 694
40,225
24,067
49,128
33, 714
91,356
64,479
152,883
3,525
8,270
4,000
11,330
620
695
3,565 3,220
4,851 3,477
7,672 3,535
28,188
74, 534
51, 783
129,396
18 109,517
132,114
342,432
27,125
16,708 10,927
283,901
England
224
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,
classified according to capital stock, Bee. 31, 1934—Continued
CAPITAL STOCK OF $1,000,000 BUT LESS T H A N $5,000,000—Continued
[In thousands of dollars]
Number of
banks
Location
Loans
and discounts, Investincludments
ing rediscounts
Total
assets
Surplus, Cirprofits, culaand retion
Capital
serves
outfor con- standtingening
cies
Total
deposits
COUNTRY BANKS—COntd.
New York
New Jersey
Pennsylvania.
_
Total Eastern States
Virginia
West Virginia
South Carolina
Florida
Alabama
Louisiana.. ___
Texas
Kentucky
Tennessee. _
._
__
Total Southern States. _
Ohio
Indiana
Michigan
Wisconsin
Minnesota.
_
Total Middle Western
States
Washington
California
Total Pacific States
The Territory of Hawaii (nonmember bank).
__
Total country banks
Total United States
CAPITAL
9
11
12
73,445
75, 404
62,133
118,772
111,721
73,139
243, 278
259,402
175, 709
14,013
20, 645
14, 660
11,922
7,279
18, 979
7,821
5,795
8,917
208,666
224,675
132,415
32
210, 982
303, 632
678,389
49, 318
38,180 22, 533
565, 756
5
2
1
3
3
2
1
1
2
31,346
13, 988
5,037
11,133
17,913
12,149
2, 654
7,017
12, 750
33,799
10, 535
4,951
23,980
20, 802
7,414
2,900
3, 325
17, 980
90, 745
38, 907
16, 527
51, 601
57, 729
38, 378
9,458
14,121
46, 416
7,000
2,812
1,800
3, 950
3,250
2,000
1,000
1,000
3,000
6,500
2,000
1,000
1,559
2,750
2,000
1,000
1,000
3,000
73,027
31,766
13,466
44, 681
47, 507
33,068
7,308
11,199
38,994
20
113,987
125, 686
363, 882
25,812
14, 012 20,809
301, 016
4
3
3
2
2
21, 737
8,881
9,809
6,751
9, 095
19,711
17, 835
16, 236
12, 756
11,105
14
56, 323
2
3
8,309
22, 486
5
30, 795
3,730
2,280
228
1, 318
3,734
660
135
862
1,065
004
921
620
669
628
5,750
3, 350
3, 250
2,000
4,000
2, 686
780
1, 229
884
1, 304
3,712
1,491
1,750
500
1,400
47, 086
35,178
31,190
25,936
31, 766
77, 643
206, 842
18,350
6,883
8,853
171,156
8,531
16, 440
25, 386
57, 640
2,000
3,500
1,128
1, 013
900
1,000
21, 330
52, 046
24,971
83, 026
5,500
2,141
1,900
73, 376
18,894
1,995
3,350
34, 488
60,
40,
37,
29,
38,
43, 281
3,350
682, 940 1,717,852
129, 455
79, 919 68, 372 1,429, 693
182 1, 404, 176 2, 125, 728 5,191,438
309,140
235, 635 142, 645 4, 473, 038
1
15, 313
90
536, 917
S T O C K O F $5,000,000 B U T L E S S T H A N $25,000,000
CENTRAL RESERVE CITY
New York
3
413,459
795, 272
25,250
67,608
68,361
87,087 155, 686
64, 588 294, 701
36,871
34 555
10,926
37,387
15,552
26, 682
47, 565
60, 614
20, 283
12,544
13, 921
21 583
21,015
23,450
66, 506 123,638
48 552 160, 099
73,456
62, 977
73, 945 106, 392
45,341
40, 352
53,442
90, 636
21,040
15,193
16, 230
14, 033
205, 660
389, 598
464,870
99, 588
71,323
59,849
177,045
51,300
50, 964
73,139
256, 938
303, 860
184, 765
271,440
132, 754
209, 074
51,146
45, 774
20,000
14,000
19, 500
5,400
5,000
10, 000
14,000
5,500
7,000
6,000
21, 700
16, 750
10,000
16, 000
6,000
12, 200
5, 000
6,000
146,433
5,372
649,376
10,902
24,408 1,585
40,872 11,174
5,406
2,533
500
2, 989 2,500
4,743 6,400
1,011
2,000
219 3,000
4,930
696
3,921 4,944
8,998
6,759 4,055
8, 914 4,582
5,483 4,307
5, 716 1,000
2,578 2,500
2, 393
170,380
342,144
391, 664
88,449
62,923
44, 057
150,711
42, 573
40, 531
61, 296
225, 518
277, 233
163,475
239, 814
115,827
189, 204
41,029
37, 292
104,765
OTHER RESERVE CITIES
Boston
Philadelphia
Pittsburgh
Atlanta
Savannah
Birmingham..
Dallas
Houston .
Nashville
Cincinnati
Cleveland
Detroit
Milwaukee
Minneapolis
St. Paul
St. Louis
Oklahoma City
Tulsa
_ _
_.
1
1
3
1
1
1
2
1
1
1
2
1
1
2
1
1
1
1
REPORT OP THE COMPTROLLER OF THE CURRENCY
225
TABLE NO. 21.—Principal items of assets and liabilities of licensed national banks,
classified according to capital stock, Dec. 31, 1934—Continued
CAPITAL STOCK OF $5,000,000 but less than $25,000,000—Continued
[In thousands of dollars]
Loans
and discounts,
including rediscounts
Number of
banks
Location
Investments
Total
assets
Capital
Surplus, Cirprofits,
and re- culation
serves
outfor con- standtingening
cies
Total
deposits
OTHER RESERVE CITIES—COn.
102,082
105,224
449,464
8,000
5,000
29,900
28 1,064,031 1,557, 528 3, 755,857
242,950
170,355 76,793 3,238,647
31 1,210,464 1,970,987 4, 551,129
268,200
275,120 82,165 3,888, 023
1
1
3
Seattle
Los Angeles
San Francisco
Total
other
cities
23,378
51,011
177,791
53,865
25, 278
157,425
2,150 7,000
5,502 2,000
19,928 18, 550
84,350
92,110
378,067
reserve
Total all reserve cities—
COUNTRY BANKS
New Jersey
Pennsylvania
1
1
17,165
24,864
10, 386
47,658
42,859
90, 533
2
42,029
58,044
133,392
11, 700
33 1,252,493 2,029,031 4, 684, 521
279,900
Total country banks
Total United States
5,200
6,500
693
4,070
1,969
4,959
34,804
74, 984
4,763
6,928
109, 788
279,883 89,093 3,997,811
OF $25,000,000 BUT L E S S T H A N $50,000,000
CAPITAL STOCK
OTHER RESERVE CITIES
_
1
1
227 846
233 261
171 513
218,386
626,823
575,419
44, 500
36,000
37, 799
23,199 12,025
Total United States
2
461 107
389 ,899 1, 202,242
80, 500
60,998 12,025 1,030,148
Boston
Los Angeles
528,263
501,885
C A P I T A L S T O C K O F $50,000,000 OR M O R E
to to
CENTRAL RESERVE CITIES
New York.
Chicago
_
Total central
cities
961,494 1,265,621 3, 321,023
403,058 720,465 1, 760,838
277,770
125,000
125,533
44,861
2,812, 730
1,554, 580
4 1,364,552 1,986,086 5,081,861
402, 770
170, 394
4,367, 310
reserve
OTHER RESERVE CITY
San Francisco
Total United States
1
476,748 1,129,293
50,000
5 1,823,321 2,462,834 6,211,154
452, 770
458,769
48,575 45,500
975,950
218,969 45, 500 5,343,260
to
to
TABLE N O . 22. — United States bonds on deposit to secure circulating notes of national banks on Oct. 81, 1910 to 1935
[For yearly figures 1865-1909, see reports for 1900, p . 305, and 1931, p. 213]
United States bonds held as security for circulation
Number
of banks
in existence
Year
2-percent
2-percent
Panama Canal
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
1908-18,
$78,420,480 \
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
loan of
1961,
$1,000
Conversion
bonds
of
73,496,940
1946-47,
1,000,000
Treasury
bonds of
1951-55,
,
33,579,450
3^-percent
bonds
3^-percent
bonds
3H-percent
bonds
4-percent
bonds
[4-percent loan
{ of 1925,
1
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
1946-49,
$28,345,200
Treasury
bonds of
1940-43,
$17,640,950
Treasury
bonds of
1941-43,
28,719,400
Treasury
bonds of
1943-47,
25,519,950
Total
O
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
665,492,880
666,873,290
667,168,440
666,736,100
669,128,450
665,255,340
799,672,590
o
o
O
fPanama
Canal
loan of
1961,
1933 .
5, 799,
565,587,750
67,017,780
1934.
5,589
501,916,800
43,516,900
1935_
5,431
600,000
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
1,000 Treasury
Conversion
bonds of
bonds of
1946-49,
1946-47,
45,333,150
1,020,000
Treasury
bonds of
1951-55,
49,414, 500
Panama
Canal
loan of
Treasury
1961,
bonds of
1,000
1940-43,
Treasury
Conversion
bonds of
8,826,550
bonds of
Treasury
1933-41,
Treasury
1946-47
bonds
of
21,880,650
bonds
of
15,000 ' 1946-49,
Treasury
1941-43,
Treasury
19,
223,
650
bonds
of
23,847,000
bonds of
1944-46,
Treasury
1946-48
11,191,000
bonds
of
10, 240,250
1943-47
Treasury
23,477, 750
bonds of
1951-55,
32, 584,100
852,631, 430
6,720,650
O
600,000
to
228
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 23.—Investment value of United States bonds—Panama Canal bonds,
and 8's of 1930
Panama Canal bonds,
2's of 1916-36
Date
Average
price, net
January.
April
July
1935
$101.46875
100.5469
100.0625
Rate of interest realized by investors
Percent
0.716
.168
2 percent bonds of 1930
Average
price, net
$1QO. 8281
100.3906
Rate of interest realized by investors
Percent
0.183
TABLE N O . 24.—United States bonds—Monthly range of prices in New
November 1934 to July 1935
York,
[Decimals in 32ds]
Registered bonds
Date
November:
Opening.
Highest..
Lowest...
Closing..
December:
Opening.
Highest..
Lowest...
Closing..
January:
Opening. . .
Highest....
Lowest
Closing
February:
Opening...
Highest.—.
Lowest
Closing
March:
Opening...
Highest...
Lowest
Closing
April:
Opening...
Highest. _.
Lowest
Closing
May:
Opening...
Highest...
Lowest
Closing
June:
Opening...
Highest. „
Lowest
Closing...
July:
Opening..,
Highest...
Lowest
Closing...
Coupon bonds—
2's of 1930
2's of 1930
Panama 2's of
1916-36
1934
$99.24 ©100.08
99.24 @ 100.08
99. 20 © 100.00
99.24 @ 100.04
Not quoted.,
do
do.
do
99. 24 @ 100.04
100.04 @ 100.08
99. 24 @ 100.04
100.04 © 100.08
—.do
—do
....do
—do
$101.08
101.12
101.08
101.12
@
©
©
©
101. 24
101.28.
101.24
101.2&
101.12
101.20
101.16
101. 20
@
©
©
@
101.
101.
101.
101.
28>
282828>
1935
100.00® 100.08
101. 00 © 101.08
100.00 @ 100.08
101.00 © 101.08
.do.
.do.
.do.
-do.
1Q1. 20 @ 101. 2»
102. 00 @ 102.16=
101. 20 @ 101. 2&
102. 00 @ 102.16.
101.00 @ 101. 08
101.06 @ 101.10
101. 00 @ 101. 08
101.04 @ 101.08
.do.
.do.
.do.
-do.
102.00®
102.00 ®
101. 28 @
101. 28 @
101.06 © 101.10
101. 28 © 102.04
100.13 @ 100.16
100.13 @ 100.16
.do.
.do.
.do.
do
101.28 @ 102. 04
102.04® 102.12
100.18 @ 100. 21
100.18 @ 100. 21
100.13 @ 100.16
100.13 @ 100.16
100. 09 @ 100.11
100.09 @ 100.11
..do
..do.
.do.
..do.
100.18 @ 100.21
100.18 @ 100.21
100.14 @ 100.16.
100.14 @ 100. lft
100.09 © 100.11
100.09 @ 100.11
100. 03 © 100.05
100.03 © 100.05
.do.
..do.
..do.
._do.
100.14 @ 100.16*
100.14 @ 100. lft
ioo. 08 @ ioo. ia
100.08 ©100.10*
100.08 @100.1O
100.08 @ 100.10
100.04© 100.0ft
100.04 © 100. Oft
100.03 @ 100.05 — . d o . . . .
100.03 @ 100.05 . . . . d o . . . .
100.00 © 100.02 . . . . d o . . . .
100.00 @ 100.02
do
Matured
Matured
Matured
Matured
Matured—
do....
do....
do....
102.15
102. lft
102. 04
102. 04
100.04 @ 100. Oft
100.04® 100.0ft
100. 00 @ 100.02
100.00 @ 100.02
REPORT OP THE COMPTROLLER OF THE CURRENCY
229
TABLE NO. 25.—Number, capital stock, and circulation outstanding of national
banks issuing circulating notes, together with the number and capital stock of
national banks not issuing circulating notes, Dec. 31, 193 J^, by reserve cities and
States
[In thousands of dollars]
]Banks
Location
issuing circulation
Banks not issuing circulation
Preferred Common Circula- Num- Preferred Common
dum- and
stock
and comstock
tion out- ber of mon
ber of mon com(book
(par
(book
(par
banks
value)
value)
value) standing banks
value)
CENTRAL R E S E R V E CITIES
New York
Chicago
Total central reserve cities-_
7
3
7
10
284,770
131,100
184,770
56,050
415,870
240,820
5
2
71,000
500
71,000
400
4
1
1
6
1
7,151
400
4,000
6,850
3,000
6,601
200
4,000
5,200
3,000
1
5,400
5,400
2
1
2,250
750
1,275
750
2
750
400
2
700
500
1
1,000
1,000
1
8,700
4,700
3
1
2
900
660
19,750
900
660
8,000
1
500
500
1
7
1
1
400
6,800
200
700
400
5,150
200
400
4
4,300
1,700
2
2,000
2,000
1
1,400
700
3
3
1,150
8,800
850
3,350
224,738
60
160,011
129, 236
237,174
70
575,881
370,056
6
23,264
4,750
22,964
3,650
9,436
3,000
13
28,014
26,614
12,436
1
5
2
13
6
4
3
1
3
1
2
3
1
3
4
2
1
3
9
5
3
1
2
2
3
4
1
3
3
4
2
1,000
3,475
500
28,350
22,500
3,250
2,450
1,000
1,300
1,500
5,600
6,000
10,000
8,200
16,150
600
2,500
1,500
16, 750
4,300
1,350
300
2,000
4,500
7,900
7,900
13,000
8,700
400
7,050
1,500
2,600
500
2,275
410
25,875
22,500
2,250
2,450
1,000
1,050
1,000
5,300
6,000
2,500
5,200
13,150
600
1,500
900
9,100
3,150
850
300
2,000
4,500
3,900
7,900
5,000
7,200
200
5,250
1,150
2,100
494
1,372
360
7,230
12,644
1,272
2,402
500
575
293
700
3,059
2,500
4,969
7,050
583
1,230
900
7,881
2,716
842
300
1,986
4,500
3,800
2,160
4,944
3,936
200
4,900
947
1,900
2
2
4
3
1,640
12, 200
17,400
9,000
900
12, 200
11,800
6,750
900
5,255
5,382
5,007
2
1
3
1
3
5
3
2
2
3
2
1
4
2
2
1
3
2
2
4
5
1
3
5,600
300
850
500
900
16,400
1,650
2,895
950
1,200
400
600
5,100
600
6,200
350
13,000
1 500
6 500
45,500
80,900
1,000
2,650
1,250
300
650
500
900
13,400
1,350
1,700
400
1,200
300
400
3,300
600
3,450
100
13,000
750
6,500
33,200
75,400
400
1,850
1,250
300
648
10
338
3,435
1,345
1,285
400
900
296
200
3,300
600
3,100
24
10,400
750
5,500
18,225
64,550
393
1,800
339,610
366, 224
OTHER R E S E R V E CITIES
Boston
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
__
Washington
Richmond
..
Charlotte
Atlanta
_
Savannah
Jacksonville
Birmingham.
.
New Orleans
Dallas
El Paso
Fort Worth
Gal veston
Houston
San Antonio
Waco
Little Rock
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianaooli s
Chicago
Peoria
Detroit
-
-
--
---
Grand Rapids
~M. il waukee
Minneapolis
St Paul
Cedar Rapids Des IVtoines
Dubuoue
Sioux City
Kansas City, Mo
St Joseph
St. Louis - Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
1
-
_
Denver
Pueblo
Oklahoma City
Tulsa
.
Seattle
-- -
Portland
Los ADKGIGS
Sfin Franoisco
Ogden
Salt Lake City
Total other reserve cities
Total all reserve cities
34335—36
16
169
182
429,910
457,924
230
EEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 25.—Number, capital stock, and circulation outstanding of national
banks issuing circulating notes, together with the number and capital stock of
national banks not issuing circulating notes, Dec. 31, 1934, by reserve cities and
States—Continued
[In thousands of dollars]
Banks issuing circulation
Location
Banks not issuing circulation
Common Circula- Num- Preferred Common
Num- Preferred
comstock tion out- ber of and comstock
ber of and (book
(par
mon (book
(par
banks mon
value)
value) standing banks value)
value)
COUNTRY BANKS
Maine
New Hampshire
Vermont
MassachusettsRhode Island.
Connecticut
Total New England States..
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States..
34
49
38
105
12
47
285
387
192
646
15
55
1,295
Virginia..
120
West Virginia....
75
30
North Carolina17
South Carolina...
48
Georgia—
37
Florida
69
Alabama.
21
Mississippi
23
Louisiana
314
Texas
40
Arkansas
92
Kentucky
65
Tennessee
951
Total Southern States.
Ohio
219
Indiana
108
216
Illinois
_
65
Michigan
83
Wisconsin
177
Minnesota
86
Iowa
62
Missouri
Total Middle Western States. 1,016
-_
North Dakota58
South Dakota..
48
Nebraska
98
Kansas
151
Montana
27
Wyoming
23
Colorado
55
New Mexico
17
Oklahoma
150
627
Total Western States..
Washington.
Oregon
California
Idaho.
Utah
Nevada
Arizona
229
Total Pacific States..
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank).
Total (nonmember banks)..
9,957
6,985
6,140
30,522
7,620
20, 533
81, 757
6,260
5,447
4,700
20, 537
6,970
15,801
59, 715
3,968
4,994
3,941
15,989
5,753
9,159
43,804
52, 728
106,820
1,878
6,301
246, 593
52,907
34,338
89, 725
1,708
4,476
183,154
40,913
25,314
75, 369
1,203
3,680
146,479
133,433
19,038
10,127
3,140
2,690
4,913
6,700
9,230
2,385
4,555
24, 680
3,830
9,100
8,077
108,465
17, 620
9,136
2,599
2,422
4,231
5,002
8,691
2,209
3,690
21,008
3,166
8,320
7,747
95,841
34,235
15, 295
21, 577
13,477
12,388
17, 620
6,075
5,512
126,179
27,108
9,542
16,021
8,514
9,628
12, 411
4,533
4,287
92,044
23,127
9,065
13,903
8,430
7,557
9,925
4,177
3,882
80,066
4,804
4,413
5,772
9,772
3,876
2,290
4,153
1,685
8,423
45,188
2,720
1,895
4,737
8,223
2,725
1,685
3,240
1,275
7,540
34,040
2,110
1,508
4,070
6,778
1,686
1,355
2,728
1,155
6,162
27, 552
7,120
3,345
14, 868
2,040
450
660
1,425
29,908
6,010
2, 533
11,335
1,445
307
485
1,225
23,340
4,873
2,099
10, 204
1,301
278
407
857
20, 019
263
3,350
225
3,350
171
3,350
22, 723
13, 362
4,020
3,650
5,538
7,475
11,295
4,560
5,475
29,141
4,855
10,850
10,489
3,613
928
175
415
5,445
659
150
325
3,385
1,865
1,795
6,314
144
6,827
10,469
5,955
25
502
23, 778
5,465
8,820
4,630
25
402
19, 342
11
4
11
2
6
10
2
4
4
110
8
5
2
179
830
250
2,100
300
400
2,330
325
520
650
7,322
440
225
100
15, 792
702
180
1,193
250
320
2,175
325
340
325
5,440
285
170
75
11, 780
24
14
53
16
21
27
29
10
194
3,590
2,860
5,965
2,770
3,595
1,715
1, 551
1,188
23,234
195
610
1,360
1,365
1,260
835
375
1,300
335
2,697
10,137
2,485
1,615
4,785
1,337
3,215
1,520
1,093
748
16, 798
_______
507
1,005
1,065
1,260
735
350
815
335
2,395
8,467
325
2,432
240
25
755
250
1,490
240
25
200
4,114
100
2,860
50
50
42
—
3,575
3,521
50
50
Total country banks.,
4,407
666, 671
504,333
417, 282
85, 933
65,611
Total United States..
4,589
1,124, 595
870, 557
654, 456
661,814
435,667
878
TABLE NO. 26.—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on Oct. SI, each year, 1931 to 1985
[For prior years see Annual Eeports for 1920, p. 42, and 1931, p. 220]
Ones
Twos
Fives
Tens
Twenties
Fifties
One
hundreds
Five
One thouhundreds
sands
Total
23,169, 677
22, 828, 895
340, 782
15, 495, 038
15, 332, 568
162, 470
3, 671,919, 360
3, 656,801,150
15,118, 210
5, 973, 628, 480
5,942, 854, 205
30, 774, 275
3, 464, 395, 520
3, 431, 759, 720
32, 635, 800
410, 619, 750
404, 602, 900
6, 016, 850
502, 217,900
494, 799, 000
7, 418,900
12, 289, 500 7, 454,000
12,202,000 7, 433, 000
21,000
87, 500
14, 081,189, 225
13, 988, 613,438
92, 575,787
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
529, 262,900
236, 362,360
292,900, 540
51, 313, 350
15, 018, 750
36,294,600
38,137, 900
5, 573, 000
32,564,900
3, 671,919, 360
3,661, 286,630
10,632, 730
5,973, 628,480
5, 956,074,125
17, 554,355
3,464,395, 520
3, 449,022,940
15,372,580
410, 619, 750
407,808, 350
2,811, 400
502, 217,900
498, 550, 700
3, 667, 200
Year
1931
Issued
Redeemed
Outstanding..
1931.
Issued _
Issued during current
year
I
NEW SERIES
Redeemed, __
Outstanding.
1932....
Issued
Redeemed
Outstanding..
1932..
Issued _
23,169, 677
22, 828, 928
340, 749
15, 495, 038
15, 332, 618
162, 420
1, 246, 484, 780
633, 687,400
612,797,380
12, 289, 500 7, 454,000
12, 202, 000 7, 433,000
87, 500
21,000
14,081,189, 225
14,006,482,326
74,706,899
457,163, 430
O
O
::::::::::: o
NEW SERIES
Redeemed
Outstanding.
1,791,952,580
997,876,650
794,075,930
545,467,800
O
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 7,454,000
12,202,000 7,433,000
21,000
87,500
14,081,189,225
14,022,865,501
58,323,724
H
•
o
NEW SERIES
1933
Issued
_.
Redeemed
Outstanding
2, 295, 560,975
1,386,275,875
909,285,100
503,608,395
H
IIIIZIIIIIZ a
OLD SERIES
1934..__ Issued
Redeemed
Outstanding
23,169, 677
22, 828, 928
340, 749
15, 495,038
15, 332, 618
162, 420
12, 289, 500 7,454,000
12, 202, 000 7,433,000
21,000
87,500
14,081,189, 225
14, 030, 539, 291
50, 649,934
.IIIIIIIIIII
bo
CO
TABLE NO. 26—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on Oct. 31, each year, 1931 to 1935—
Continued
Year
Ones
Twos
Fives
Tens
Twenties
CO
fcO
Fifties
*
One
hundreds
Five
hundreds
One thousands
Total
Issued during current
year
3
NEW SERIES
1934.... Issued
809,644,595 1,181,581,140
657,043, 515
834,990,840
152, 601,080
346,590,300
Redeemed
Outstanding
615,161,220
323,455,560
291,705, 660
56,146,450
20,163,900
35,982,550
43,465,700
8,364, 400
35,101,300
5,973,628,480 3, 464,395,520
5,957,720,975 3,451,177,290
15,907,505
13,218,230
410, 619,750
408,176,675
2,443,075
502, 217,900
498,965,800
3, 252,100
58, 040,600
29,701,400
28,339,200
45, 691,500
14,947,600
30, 743,900
2, 705,999,105 410,438,130
1,844,018,215
861,980,890
OLD SERIES
1935.— Issued..
Redeemed..
Outstanding
23,169,677
22,829,397
340,280
15,495,038 3,671,919,360
15,332,955 3,661,844,473
162,083
10,074,887
12, 289, 500
12,202,000
87, 500
7,454, 000
7,433,000
21,000
14, 081,189, 225
14,035,682,565
45, 506,660
o
NEW SERIES
1935.... Issued
Redeemed
Outstanding
851,496,970
797,434,320
54, 062,650
1, 242, 363,940
1,065,974,810
176,389,130
647, 598,960
450,631,570
196,967,390
2,845,191,970
2, 358,689,700
486, 502, 270
139,192,865
o
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.
a
el
W
o
233
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 27.—National bank currency issued to banks monthly
from Nov. lf 1934,
to Oct. 31, 1935, and since 1863 1
Issued on
account of
redemptions
1934
^November..
December..
January...
FebruaryMarch
April
May
June
July
Total..
Issued on
bonds
Total issued
Grand total
issued since
1863
$22, 287, 595
21,853, 780
$2,309,120
943, 280
$24,596, 715
22,797,060
$16,859,668,605
16,882,465,665
29, 702,305
19,644,945
18,815,610
10,832, 690
2 9, 535,220
1,300,170
1,417,850
453,200
27,000
100
20,000
» 50,000
31,002,475
21,062,795
• 19,268,810
10,859, 690
9, 535,320
20,000
50,000
16,913,468,140
16,934, 530,935
16,953, 799,745
16,964,659,435
16,974,194, 755
16,974, 214, 755
16,974,264, 755
132,672,145
6,520,720
139,192,865
1
The circulation privileg9 by national banks was discontinued Aug. 1,1935, due to the fact that Treasury
and other United States bonds bearing interest at a rate not exceeding 3H percent eligible as security for
•circulation for a period of 3 years, under the provisions of sec. 29 of the Federal Home Loan Bank Act approved July 22, 1932, expired by limitation July 22, 1935, and the 2-percent consols of 1930 and 2-percent
Panama Canal Loan bonds of 1916-36 and 1918-38 were called for redemption as of July 1, 1935, and Aug.
1,1935,
respectively.
2
The last shipment of currency to national banks on account of redemptions was made May 31,1935.
3
The last shipment of currency to national banks on bonds deposited to secure circulation was made
July 10, 1935.
TABLE NO. 28.—National-bank notes received monthly for redemption during year
ended Oct. 31, 1935
Received by the Comptroller of the Currency
Month
November..
December..
January
FebruaryMarch
April..
May__
June
July
August
SeptemberOctober
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
1934
$22,328,237. 50
22,974, 540. 00
$10, 755, 777. 50
10,790,832.50
$33,084, 015. 00
33, 765,372. 50
$33,000
1,500
10, 500
28, 772, 710.00
19, 749, 825. 00
20, 518, 440. 00
11, 581, 840. 00
10, 997, 280. 00
13, 794,110. 00
9,973,005.00
17,171,980.00
24,011,315.00
28,067,885. 00
25, 906, 530.00
19,406,160.00
130, 827, 623. 50
45,883,840. 00
43,306, 965. 00
42, 566,820.00
29, 722,830.00
37, 723,420. 00
35, 594, 655. 00
39,075,665.00
25,906, 530. 00
19, 406,160.00
130,827, 623. 50
45,883,840.00
43,306,965.00
45,000
1?6,922,872.50
379,896,023.50
516,863,896.00
59,405,185 13, 602, 021, 752. 50
2,055,159,307. 00
15, 716, 586, 244. 50
59,450,185 13, 738,944, 625. 00
2,435,055,330. 50
16,233,450,140. 50
1935
Total..
Received from June 20, 1874, to
Oct. 31,1934
Grand total _
Total
234
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
1—
1905
1906
1907
1908
1909.
1910
1911
1912
1913
1914
1915
1916.
1917
1918
1919
1920
$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
424, 542,837.00
Date
Amount
During the year ended Oct. 31—
Continued.
1921
1922
1923.
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
Total
Additional amount of insolvent
and liquidating nationalbank notes destroyed
Gold notes
Grand total
$570,887,902.00
537,153, 570.00
542,194,707.00
522,241,817.00
470,950,865.00
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
339, 901, 582. 50
140,107, 242. 50
14,434,154, 252. 00
1,956,717,810.00
3, 390, 560. 00
i 16,394,262,622. 00
t In addition, $46,115 destroyed in transit.
TABLE NO. 30.—National-bank notes issued during each year 1914-35, 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
Issued
Active banks
Insolvent
and liquidated banks
Total
1914
$818, 227,830 $435,904, 280
1915
364, 049, 710
362, 551,125
1916.
356,300,750
351,374,597
1917
325,570,430
298,468,107
1918
260,155,140
236, 296, 660
1919__
356, 738,100
330,106,555
1920
456, 046, 770
424,542,837
1921
603, 301,700
570, 887,902
1922_
569, 444,140
537,153, 570
1923
569,856, 070
542,194, 707
1924_
550,498,910
522, 241,817
1925___
470,950,865
492,110,950
1926
509,464,360
487,254,340
1927
506,131,540
475,920,523
1928.
542, 913, 470
517, 236,465
1929 i
517,573, 245
492,160,200
1930
_ . - 683, 508,845
645, 641, 640
1931
457,163,430
433,315,340
1932-.
545,467,800
341,314, 705
1933
503, 608,395
346, 712, 265
1934
410,438.130 ' 339, 901, 595
1935 2
139,192,865
140,107, 243
$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
125, 514, 535
379, 707, 293
$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
465, 416,130
519,814, 536
O c t . 31—
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
907,392,08«
529,721,057
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
82.81
100.66
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
113.39
373.45
1 New series included.
2
Regular issues ceased May 31,1935, due to the announcement by the Secretary that the 2 percent consols
of 1930 would be called by the Treasury on March 11, 1935 for redemption on July 1, 1935, and the 2 percent
Panama Canal Loan bonds of 1916-36 and 1918-38 for redemption on Aug. 1, 1935.
REPORT OP THE COMPTROLLER OF THE CURRENCY
235
TABLE N O . 31.—Amount, denomination, and cost of national bank currency
received from Bureau of Engraving and Printing year ended Oct. 81, 1985
6-SUBJECT SHEET, SERIES OF 1929
Denominations
5
10
20
50
100
Total
Cost of paper
Cost of printing, etc.
$26,445,240
39,213,840
17,680,800
1,258,200
1, 212,000
$5,171. 37
3,834.13
864. 37
24.60
11.85
$35, 551. 22
26, 358. 24
5,942. 22
169.14
81.47
$40,722.59
30,192.37
6,806. 59
193. 74
93.32
85,810,080
9, 906. 32
68,102. 29
78,008. 61
Amount
Total cost
TABLE NO. 32.—Vault account of currency received and issued by Currency Bureau
during the year, and the amount on hand Oct. 81, 1985
NEW SERIES
National bank currency in vaults at the close of business Oct. 31, 1934
__
$233,505,130
National bank currency received from Bureau of Engraving and Printing during the year
ended Oct. 31, 1935.
_
.
...._ 85,810,080
Total to be accounted for....
Amount issued to banks during the year
Amount withdrawn from vaults and canceled.
_
_
_
_
'__._
___
$139,192,865
121,205,960
Total withdrawn.—
319,315,210
260,398,825
Amount in vaults at close of business Oct. 31, 1935
58,916,385
TABLE N O . 33.—Vault account of currency received and destroyed during year
ended Oct. 81, 1985
Amount in vault of Redemption Division of Currency Bureau awaiting destruction at
close of business Oct. 31, 1934
$5,301,040
Amount received during year ended Oct. 31, 1935
516,863,896
Total
Withdrawn and destroyed during year
Balance on hand in vault Oct. 31, 1935
.522,164,936
_._ 519,814,536
2,350,400
TABLE NO. 34.—Amount of currency received for redemption, by months, from
July 1, 1984, t° June 80, 1985, and counted into the cash of the National Bank
Redemption Agency
National-bank Federal Reserve Federal Reserve United States
bank notes
notes
notes
currency
1934
July
August
September
October
November
December
January
February
March
April..
May
June
1935
Total...
Total
$40, 624,202. 50
38, 262, 776.00
36,406,819. 50
40,411,383. 00
33,451,258.00
33,737,406.00
$7, 335, 509
7,018,329
5, 783, 274
5,967,460
4,878,499
4,118,860
$3, 387,480
3,404,330
2,837,340
3, 695, 210
2,819,770
2,789, 235
$5,342. 00
4,910. 70
3,827. 35
7,615. 76
3, 756.90
4,629. 50
$51,352, 533. 50
48,690,345. 70
45,031, 260.85
50,081,668. 7&
41,153, 283.90
40,650,130. 50
40, 016,886.00
29, 647,522.00
37,446,789.00
38, 569,089.00
39,109,040. 00
34,549,613.00
5,065,300
3,364, 550
3,812,175
3,412, 281
3,818,340
3, 616,818
3,030,900
2, 255, 785
2,819,980
2,864,080
2,617,100
3,050,095
8, 672.00
6,823. 50
11,700. 50
8,207. 24
5, 929. 50
6,430. 35
48,121,758.00
35,274, 680. 50
44,090, 644. 50
44,853,657. 24
45,550,409. 50
41,222,956.35
442,232,784.00
58,191,395
35,571,305
77,845. 30
536,073,329.30
236
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 35.—Amount of currency received by the National Bank Redemption
Agency for redemption in year ended June 30, 1935, from principal cities
Boston..
$32,908,195.00
Kansas City
$8,402,800.00
New York
109,569,200.00
Dallas.-9,105,000.00
Philadelphia
43,475,029.00
San Francisco
—__—__- 29,569,751.00
Cleveland
18,870,500.00
Cincinnati
8,215,900.00
Richmond
19,498,800.00
Baltimore7,043,881.50
Atlanta
_
14,938,400.00
New Orleans
5,647,233.00
Chicago
47,000,094.00
Other Places
. - 150,875,191. 71
St. Louis
21,426,375.00
Minneapolis
9,570,400.00
Total..
536,116,750. 21
NOTE.—The difference of $43,420.91 between the totals shown by this table and table no. 37, 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, exclusive of deductions for shortages and spurious issues, is
$21,305,414,849.05.
TABLE N O . 36.—Cost of redemption of national-bank notes during the year ended
June 30, 1935
Amount of expenses
Office Treasurer Office CompUnited States
troller of
(N. B. R. A.)
Currency
Salaries
__
Printing, binding, and stationery.
•Contingent expenses
Insurance.
Postage
Total
__ _
._ __
._
_
.
..
$236,201.26
2, 553.17
1,135. 21
12,443.81
7,026. 35
$47,327.71
390.18
595. 59
6, 742. 33
74,296.04
$283, 528.97
2,943.35
1, 730.80
19,186.14
81, 322. 39
259,359.80
129,351.85
388, 711. 65
Amount
redeemed
Redeemed out of 5-percent fund, unfit for use
Redeemed on retirement account
Total
.
Total
Rate per
$1,000
Amount of
expenses
$238, 796,137. 50
194,653,030.00
$0.97175991 }
. 64657879
$388,711.65
433,449,167. 50
.90245836
388, 711. 65
NOTE.—-National bank notes redeemed during the fiscal year 1935 were assessed at the 1934 fiscal year
rates.
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, 1935
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.
_
—
Total
_
IFederal Reserve bank notes, new series:
Received from various sources:
Salaries
_.
_
Printing, binding, and stationery...
_
Contingent expenses
Insurance-__
Postage
_
Total
Aggregate
$1,703.10
18.41
8.18
1, 729. (
37,579.88
231. 05
129. 35
37, 940. 28
4,329. 04
46.79
20.81
1, 614.90
938. 65
6, 950.19
46, 620.16
EEPORT OP THE COMPTROLLER OF THE CURRENCY
237
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 SO, 1935—Continued
Amount in
dollars
Federal Reserve notes:
Received from various sources, whole notes__ $35, 412, 755
Reeeived direct from Federal Reserve banks
and branches, canceled and cut..
1,147, 467, 500
Federal Reserve bank notes, new series:
Received from various sources
_
_.
58,633, 500
Total
_—
1, 241, 513, 755
Number of
notes
Rate per
1,000 notes
Assessment
2,561,385
$0. 67529307
$1,729.69
119,836,604
.31660009
37,940. 28
6, 510, 721
1. 06749928
6,950.19
128,908,710
.36165252
46, 620.16
TABLE NO. 38.—Taxes assessed on national-bank circulation, years ended June 801
1864-1935; cost of redemption, 1874-1985; and assessments for cost of plates, eic,y.
1883-1935
[For yearly figures 1883-1911 see report for 1931, p . 227]
Assess-
Semiannual
duty on
circulation
Year
Assess- ment foi AssessAssessCost of
ment for
for ment for cost of
redemption of ment
plates,
adding
cost of
cost
of
notes by the plates,
addisignatures
plates,
United States
tional
to plates,
extended
new
Treasurer
etc.i
banks or duplibanks i
Total
cate
1864-1882
$52,253,518.24
1874-1882
$1,971,587.10
1883-1911
62, 595,336. 73
5,269,078.81
1912
3,690,313.53
505, 735. 21
1913
3,804, 762. 29
517,842. 93
1914
__„
3,889.733.17
529,013. 36
/ 3,901, 541.18
1915
498,328.60
\ 2 2,977,066.73 |
3, 744,967.77
1916
450,150. 22
3,533,631.28
1917
—
420,160.42
3,656,895.34
412,785.92
1918
3,627,060.80
528,424.24
1919
974,058.11
3,706,901.15
1920
1,115,146.00
3,806,590.02
1921
594,168. 70
3,941,461.17
1922
514,598.55
4,030,336. 30
1923
527,979. 90
4,063,708.32
1924
459, 790. 43
3,661,819.45
1925
494,470.91
3, 277, 512.90
1926
467,411. 42
3,253,461.97
1927
465,080.16
3,234,240. 29
1928
$473,295
28,190
19,805
8,500
$4,130
6,975
6,300
16, 660
13,855
11,175
7,418,626.51
9,700
6,000
11,120
15,340
28,990
82,160
52,780
5,850
3,556
4,456
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
4,218,322. 99
3,975,451.70
4,106,671.264,194,015.04
4,762,569.26
5,047,636.02
4,624,372.87
4,600,351.85
4,646,161.22
4,143,742.88
3,827,105.81
3,782,525.39
3,743,168.34
1929
3,441,152. 95
/
461,375.92 I
1930
1931
1932
1933
1934
1935
3,248,327.85
3,242,977.92
3,175,189. 24
3, 415,840. 63
4, 518,904.84
4,365, 601.32
642,676. 54
445,683.09
424,431. 75
424,963. 21
422,391.83
388, 711. 65
10,085
9,200
16, 770
15,600
31,8.50
31,070
18,244
23,464
18,756
12,682
22,948
22,618
20,890
15,792
3,930
2,286
3,174
6,762
11, 270
15, 364
5,290
206,058,853.38
19,926,044.98
1, 218,675
.._.
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
$821,110
22,740
28,560
11,560
}
12
96
36
12
$493.00
841.00
773.00
591.00
1,610.00
1,110.00
1, 229.89
f 1,322.30
I
54.00
8, 280.00
11,079.00
11,028.00
11,181.00
11, 256. 00
7,335.00
275,156
68,183.19
17,914
763,597
} 3,941,541.17
3,901,570.39
3,702,914.01
3,617.422.99
3, 863,350.84
4,967,952. 67
4,766,949.97
228,310, 509.55
1 Beginning in the I atter part of 1929 amounts in this column concern logotypes incident to reduced size
inotes, series "of 1929.
2
Tax collected on additional circulation under act M a y 30, 1908.
NOTE.—Average cost per $1,000 for national-bank notes redeemed in 1925, $0.83; in 19.26, $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; in 1933, $1.14; in 1934, $0.90- and!
n 1935, $0.90.
238
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. 7, 193h to Oct. 30, 1935
[In thousands of dollars]
Collateral security
Date
Nov. 7...
Nov. 14..
Nov. 21..
Nov. 28..
Dec. 5...
Dec. 12..
Dec. 19..
Dec. 26..
Jan. 2
Jan. 9
Jan. 16—
Jan. 23—
Jan. 30—
Feb. 6...
Feb. 13..
Feb. 20-.
Feb.27_.
Mar. 6—
Mar. 13Mar. 20Mar. 27—
Apr. 3__.
Apr. 10-.
Apr. 17..
Apr. 24. _
May 1__May8...
May 15-.
May 22..
May 29._
June5-._
June 12..
June 19- _
June 26_.
July 3 —
July 10—
July 17—
July 24—
July 31—
Aug. 7.-Aug. 14-.
Aug. 21..
Aug. 28-.
Sept. 4—
Sept. 11•Sept. 18..
Sept. 25Oct. 2 —
Oct. 9 —
Oct. 16—
Oct. 23—
Oct. 30...
Federal Reserve notes
outstanding
Gold certificates on
hand and
due from
U. S. Treasury
1934
U. S. Government
securities
Excess
collateral
3,459,862
3,471,064
3,457,582
3,464,219
3,489,128
3,506,943
3,540,121
3,551, 542
3,252,916
3,258,916
3,250,916
3, 243,416
3,281,200
3,309,200
3,366,700
3,350,200
9,045
7,233
8,854
10,237
8,837
7,694
6,932
7,575
255,400
254,100
254,700
258,700
235,000
226,000
206,000
238,000
57,499
49,185
56,888
48,134
35,909
35,951
39, 511
44,233
3,518,366
3,480,183
3,433,031
3,386,374
3,365,435
3,379,971
3,382,242
3,419,985
3,422,825
3,435,639
3,423,984
3,422,956
3,408,581
3,433, 556
3,445,917
3,442,878
3,440,945
3,424,484
3,421,419
3,420,316
3,425,006
3,429,322
3,451,338
3,459,394
3, 465, 678
3,478, 268
3, 537,646
3, 566,978
3, 548, 339
3, 540, 798
3, 532,140
3, 575,446
3,601,173
3,616,100
3, 631,472
3,668,840
3, 719,110
3, 718, 559
3,728,120
3, 758, 512
3, 792, 283
3,799, 535
3,813, 252
3,812,938
3,314,200
3,288,200
3, 292,700
3,274,200
3, 258,370
3, 256,450
3,252,450
3,280,827
3,298,357
3,312,983
3,312,969
3,320,679
3,287,679
3,249,979
3,259,979
3,292,979
3, 289,979
3,284,979
3,286,979
3,288,479
3,282,979
3,271,979
3, 288,479
3, 290, 639
3, 284,139
3,277,639
3, 392,839
3,414,839
3,420,339
3,398,839
3,389,839
3,399,339
3,410,899
3,443,914
3,436,984
3,489,438
3, 553, 548
3,569,768
3,599, 588
3, 620, 588
3,658,018
3, 691,018
3,698,018
3, 712,018
5,523
5,582
15,778
7,285
5,587
4,955
5,084
4,201
4,591
4,105
4,438
5,684
5,842
4,552
4,257
4,974
5,124
4,682
4,390
5,091
5,212
6,741
6,524
6,212
5,371
5,618
6,880
5,349
5,174
4,627
5,090
4,826
4,683
5,638
7,940
9,247
9,716
8,182
8,091
9,026
8,131
7,970
5,240
4,668
243,100
238,000
193,000
188,000
186,000
191,000
199,000
199,100
189,000
179,000
179,000
173,000
203,100
246,100
240,100
212,100
218,100
232,100
225,000
226, 500
224,500
236,900
225, 500
225,000
225,100
233,000
165,000
188,000
175,000
201,000
205,000
222,400
230,000
207,000
218,500
209,400
187,900
169,400
162,900
173,900
160,900
139,000
147,000
138,000
44,457
51,599
68,447
83,111
84,522
72,434
74,292
64,143
69,123
60,449
72,423
76,407
88,040
67,075
58,419
67,175
72,258
97,277
94,950
99,754
87,685
86,298
69,165
62,457
48,932
37,989
27,073
41,210
52,174
63,668
67, 789
51,119
44,399
40, 452
31,952
39, 245
32, 054
28, 791
42,459
45,002
34, 766
38,453
37,006
41,748
1935
Eligible
paper
TABLE N O . 40.—Federal Reserve notes, segregated by series, printed* shipped and canceled, issued w banks, retired, and destroyed since organization of the banks, with the balance in vaults and amount outstanding Oct. SI, 1935
VAULT BALANCE OCT. 31,1935, 1914-18 SERIES
Fives
Twenties
Tens
Fifties
$5,370,100,000 $5,978,520, 000 $6,092, 240, 000 $1,283,800,000
Total printed.
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
$333, 600,000 $108, 000,000 $184,000,000 $20,407,660,000
333,600,000 108,000,000 184, 000,000 20,407,660,000
I
VAULT BALANCE OCT . 31, 1935, 1928-34 SERIES
$2,447,100,000 $4,156,800,000 $3, 534,480, 000 $1,377, 200, 000 $1, 757,600,000
Total printed
928,400, 000 1, 248,000,000
Total shipped and canceled. 1,994,180, 000 3, 673,480, 000 2,934,960,000
Total on hand
452,920,000
483,320,000
509,600,000
599, 520,000
448,800,000
$951, 260, 000 $1,172,396, 000 $81,840, 000 $110,880, 000 $15,589,556,000
514, 760, 000
727,596,000 40,120,000
51,720, 000 12,113, 216,000
436,500, 000
444,800,000
41,720,000
59,160,000
3,476,340,000
O
O
COMBINED VAULT BALANCE OCT. 31, 1935, BOTH SERIES
$7, 817, 200, 000 $10,135,320,000 $9, 626, 720,000 $2,661, 000,000 $2,642,000,000 $1,124, 260,000 $1,505,996,000 $189, 840,000 $294, 880,000 $35,997, 216,000
Total printed
687, 760,000 1,061,196,000 148,120,000 235,720,000 32,520,876,000
Total shipped and canceled. 7, 364, 280, 000 9, 652,000,000 9,027, 200,000 2, 212, 200,000 2,132,400,000
Total on hand
452,920, 000
483,320,000
448,800,000
509,600,000
436, 500,000
444,800,000
59,160,000
3,476,340,000
599,520, 000
41, 720,000
ISSUED, R E T I R E D , AND OUTSTANDING OCT. 31, 1935, 1914-18 SERIES
Total issued...
Total retired
$6,148,375, 250 $6,990,812,040 $7,192, 258,040 $1, 486, 660,050 $1,111,562,800
6,133,950,500 6, 972, 802, 580 7,164,840,580 1, 474,872,950 1,098, 507, 700
Total outstanding....
14,424, 750
18,009,460
27,417,460
11, 787,100
13,055,100
$184,528, 500
181, 894, 000
2,634,500
$424,150,000 $73,340, 000 $127, 260,000 $23,738,946,680
416,762, 000 73,210,000 126,910,000 23,643,750,310
7,388,000
130,000
350, 000
95,196,370
i
ISSUED, R E T I R E D , AND OUTSTANDING OCT. 31, 1935, 1928 SERIES
Total issued
Total retired
Total outstanding-..
$2, 686, 574, 250 $5, 236,675, 000 $4, 395, 785,600 $1, 262,405,850 $1, 758,353,300
953,140, 000 1, 209,115, 700
2,438, 897,510 4,112,164,440 3, 288, 301,620
$543,773, 000
422,858,000
$898, 299,000
660, 462,000
$48,990,000
40,580,000
549, 237,600
120,915,000
237,837,000
8,410,000
247,676, 740 1,124,510,560
1,107,483,980
309, 265,850
$97,060,000 $16,927,916, 000
79,510,000 13,205,029,270
17,550,000
o
3,722,886,730
to
3
TABLE NO. 40.—Federal Reserve notest 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, 1935-—Continued
to
COMBINED ISSUED, R E T I R E D , AND OUTSTANDING OCT. 31, 1935, BOTH SERIES
Fives
Total issued.
Total retired.
Tens
Twenties
Fifties
One hundreds Five hundreds
$8, 834, 949, 500 $12,227,487,040 $11,588,043,640 $2,749,065, 900 $2, 869,916,100
8, 572, 848, 010 11, 084, 967,020 10,453,142, 200 2,428,012,950 2, 307, 623,400
Total outstanding...
262,101,490
1,142, 520, 020
1,134,901,440
321,052,950
562, 292, 700
One
thousands
Five
thousands
Ten
thousands
Total
$728,301,500 $1,322, 449,000 $122,330,000 $224, 320, 000 $40, 666,862,680
604, 752,000 1,077, 224,000 113,790,000 206,420,000 36,848, 779, 580
123, 549, 500
245,225,000
8,540,000
17,900,000
I
o
3, 818,083,100
M U T I L A T E D F E D E R A L RESERVE NOTES, BY DENOMINATIONS, R E C E I V E D AND D E S T R O Y E D SINCE ORGANIZATION OF BANKS AND ON H A N D
IN VAULT OCT. 31, 1935, 1914-18 SERIES
Boston. _
New York
Philadelphia..
Cleveland
Richmond—
Atlanta
Chicago..
_
St. Louis.
Minneapolis
Kansas City
Dallas
San Francisco
_
_
_
_
Total received..
Total destroyed
$451,140,655 $695,989, 370 $513,482, 580
1, 485, 086, 390 1, 762,310, 590 1,169, 630,080
518,128, 950
599,840,180
564, 926,670
365,171, 870
767,460, 940
437, 320,150
229,172,890
337,464, 500
274, 523,110
271,263, 320
312, 293, 790 316, 670,440
822,117,475
845, 347, 390 931, 227, 260
207, 990, 330
214, 365, 630 213, 751,000
145, 775, 885
130, 604,780
142, 952, 080
218,872, 655
182,184,760
163,841,920
142, 269, 590
136, 612,900
129,453, 810
457, 945, 240 413, 066, 030 712,053,120
$52,196,950
260, 293,400
184, 601,450
297,718,950
82,541,150
42,853,150
197,966,000
28, 249, 750
7,866, 750
18,418,050
10, 682, 650
67,224, 650
5, 314, 935, 250 5, 956,390, 540 6,010, 982, 540 1,250, 612,900
5,314, 935, 250 5,956, 390, 540 6,010, 982, 540 1, 250, 612,900
$71, 906, 300
304, 272, 400
62, 793,400
65,807, 800
41, 207, 200
46, 638, 800
87,033,100
18, 381, 900
11, 691, 600
25,114,800
12,173, 500
104, 724,100
$6, 695,000
61, 986, 500
3,353,000
7, 616, 500
1, 996,000
13,014,000
14, 785,000
3, 326, 000
1, 962, 500
3,490, 500
2,151,000
9,988, 500
$20, 488,000
123,259,000
13, 331,000
8, 569,000
8, 292,000
40, 779, 000
18, 342,000
4,179,000
2, 691,000
4, 253,000
4,343,000
21, 287,000
$3,985,000
7,985,000
13,985,000
$8, 010, 000 $1, 823,893,855
15, 910,000 5,190, 733, 360
1, 946,974, 650
3, 970,000 1,955, 615, 210
981,196, 850
4, 000, 000
1,043, 512, 500
2, 920, 753, 225
4, 000, 000
696, 243, 610
443, 544, 595
616,175,685
437, 686, 450
19, 760, 000 1,820, 033, 640
851,744,900
851, 744, 900
130,364,500
130, 364, 500
269,813,000
269,813,000
35,870,000
35, 870, 000
55, 650, 000 19,876,363,630
55, 650, 000 19,876, 363,630
1,980,000
2,000,000
3,935,000
2,000, 000
o
g
M U T I L A T E D F E D E R A L R E S E R V E NOTES, BY DENOMINATIONS, R E C E I V E D AND DESTROYED SINCE ORGANIZATION OF BANKS AND ON
HAND IN VAULT OCT. 31, 1935, 1928 SERIES
Boston
New Y o r k Philadelphia
Cleveland
RichmondAtlanta
Chicago
St. Louis
Minneapolis.
Kansas City.
$128, 216,865
312,193, 535
170,685, 855
124, 751, 795
70, 323,830
99,894,350
196,933, 545
115, 947, 645
37, 333, 240
44,922,765
$295,086, 240
625, 707,480
224, 621,440
196,880, 920
128,650, 200
91, 671, 680
328,899, 800
100, 666,140
48,202,800
6,9,479,970
$110,994,740
257, 619,880
134, 747,160
182, 580, 520
115, 740,820
54, 682, 700
193,088,100
57,882, 500
31,435,660
5,6,245,620
$9,908,850
40,347,800
42, 927,200
25,944, 750
17,891,100
8,878,650
44,466,600
4,366,250
1,510,300
3,477,100
$13,362, 900
42, 052,400
12,886,400
7,126,900
11, 765, 500
10, 926, 500
17,330, 300
5,437,400
2,622, 300
5,160,600
$1,026,500
10, 367,000
1, 004, 500
3,161,000
471,000
4,325,500
2,106,000
341, 500
422,000
1, 808, $00
$2,157,000
15, 724,000
1, 746,000
5, 369,000
6, 763, 000
10, 578,000
6,797,000
464,000
422,000
2,890,000
$45,000
85, 000
$50,000
290, 000
135,000
80,000
40,000
90,000
220, 000
220, 000
70, 000
70,00Q
20,009
$560,848,095
1,304, 387,095
588, 618,555
546,169,885
351,905, 450
281,067, 380
789, 711, 345
285,105,435
121,948, 300
}84,074,5.5.5
5
Dallas
San Francisco..-
.
Total received
Total destroyed
.
32,806,205
134,511,130
41,608,930
108,140,240
31,468,380
120,471,540
1,758,100
7,266,050
3,349,900
13,076, 500
377,000
820, 500
486,000
1,462,000
5,000
10,000
111, 869, 515
385, 747,960
1,468, 520,760
1,465, 900,360
2, 259, 615,840
2, 252,431,040
1,346, 957,620
1, 341, 792, 620
208, 742, 750
208,160, 950
145,097, 600
144, 612, 400
26, 231,000
26,126, 500
54, 858,000
54, 792,000
550,000
550,000
880,000
880,000
5, 511,453, 570
5,495, 245,870
2,620,400
7,184,800
5,165,000
581,800
485, 200
104, 500
66,000
Balance on hand
16, 207, 700
C O M B I N E D M U T I L A T E D F E D E R A L RESERVE NOTES, BY DENOMINATIONS, R E C E I V E D AND D E S T R O Y E D SINCE ORGANIZATION OF BANKS
AND ON HAND I N VAULT OCT. 31, 1935, BOTH SERIES
Total received
Total destroyed
$6. 783,456,010 $8,216,006,380 $7,357,940,160 $1,459, 355, 650
6, 780,835, 610 8, 208,821, 580 7,352, 775,160 1,458, 773,850
Balance on hand
2,620, 400
7,184,800
5,165,000
581,800
$996,842, 500
996, 357, 300
$156, 595, 500
156, 491, 000
$324, 671, 000
324, 605, 000
485,200
104, 500
66, 000
$36, 420,000
36,420,000
$56, 530,000 $25,387,817,200
56, 530, 000 25, 371,609, 500
16,207, 700
NOTE.—During the fiscal year Nov. 1,1934, to Oct. 31,1935, badly mutilated, burned, and fractional parts of Federal Reserve notes amounting to $36,400; new series, $35,080; old
series, $305; Federal Reserve bank notes, 1929 series, $1,015 have been identified, valued, and the bank issue determined.
o
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tel
o
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o
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to
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, 1935
VAULT BALANCE OCT. 31, 1935
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
3
S
ISSUED, R E D E E M E D , AND OUTSTANDING, OCT. 31, 1935
Total issued
Total redeemed
-
Total outstanding „
$478,892,000
477,301,359
$135,192,000
134,802,396
$121,460,000
121, 207, 560
$16,440,000
16,383,680
$9,760,000
9,704,410
$200,000
191,000
$761,944,000
759, 590,405
1,590,641
389,604
252,440
56, 320
55,590
9,000
2,353,595
_
o
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TABLE NO. 41-A.—Aggregate amount of Federal Reserve bank notes, series 1929, printed, shipped, and on hand; issued, retired, and outstanding,
received for destruction by denominations, during period Nov. 1, 193^, to Oct. 31, 1935, under the terms of section 18, Federal Reserve Act
as amended Mar. 9, 1933
VAULT BALANCE OCT. 31, 1935
Fives
Tens
Total printed
Total shipped
Total on hand
_
W
§
E
fel
Twenties
Fifties
One hundreds
Total
$126,300,000
72,860,000
$216,720,000
118,720,000
$269,280,000
143,920, 000
$138,600,000
61,400,000
$160,800,000
64,000,000
$911,700,000
460,900,000
53,440,000
98,000,000
125,360,000
77,200,000
96,800,000
450,800,000
ISSUED, R E T I R E D , AND O U T S T A N D I N G OCT . 31, 1935
Total issued
Total retired
Total outstanding
_
$64,985,500
60,624,350
$79,918,000
64,297,550
$87,384,000
59,757,400
$19,415,250
12,638,900
$33,200,500
17,748,900
$284,903,250
215,067,100
4,361,150
15,620,450
27,626,600
6, 776,350
15,451,600
69,836,150
3
o
MUTILATED FEDERAL RESERVE BANK NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKS, AND
ON HAND IN VAULT OCT. 31, 1935
BANK
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total received
Total destroyed
_
_.
$6,393,100
3,651,650
7,803, 200
5,805,300
.
-
-
-
-
.
_. _ _
_
__
_
-.
-
-
1,934,000
8,786,050
1,239,400
2,114,600
1,886, 550
2,593,850
1,385,800
$3,135,650
7, 540, 750
3,889,450
4,158,600
925,950
2,078,800
4,162,250
7,522,850
738,550
3, 521,050
2,445,850
1,881,850
$5,793,800
8,309,300
1,914,400
2,835,000
2,463, 700
1,063, 200
2,946,100
75, 700
712,800
1,500, 200
2,655, 200
2,806,800
43,593,500
43,593,500
42,001,600
42,001,600
33,076,200
33,076, 200
$1,944,700
$1, 222,700
355,950
201,700
538,100
96,250
204,400
2,396,900
2, 396, 900
2,166,900
2,166,900
$15, 322, 550
22, 669,100
13, 607,050
13, 356,550
3,389,650
5,076,000
16,432, 500
8,837,950
3, 565,950
6, 907,800
7,995,550
6,074,450
123, 235,100
123, 235,100
3
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TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 31, 1935, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 31, 1935, circulation outstanding, borrowed money, and total deposits at date of failure
Organization
Name and location of bank
Farmers & Drovers National Bank, Waynesburg,
Pa
_
American National Bank, Billings, Mont
Citizens National Bank, Laurel, Mont.8
Commercial National Bank, Wilmington, N. C.9_
First National Bank, Webster, S. Dak.9
First National Bank, Huron, S. Dak
First National Bank of Fergus County, Lewistown, Mont_-_
-_
Drovers National Bank, East St. Louis, 111.9 1
City National Bank of Huron, Huron, S. Dak. ,.
National Bank of Commerce, Pierre, S. Dak
Georgia National Bank, Athens, Ga.__
Burgettstown National Bank, Burgettstown, Pa.
First National Bank, Selma, N. C
First National Bank, Florence, S. C.9
First National Bank, St. Cloud, Minn
Globe National Bank, Denver, Colo.9
Gregory National Bank, Gregory, S. Dak
Warren National Bank, Warren, Minn.9
Broadway National Bank, Denver, Colo._
First National Bank, Shenandoah, Iowa
First National Bank, Jonesboro, Ark
First National Bank, Pepin, Wis.»._
._
First National Bank, Woonsocket, S. Dak.»
First National Bank, Waubay, S. Dak.9
National Farmers Bank, Owatonna, Minn
Farmers & Merchants National Bank, Merced,
Calif.
Farmers & Merchants National Bank, Lake
City, S. C.»
,
Clarinda National Bank, Clarinda, Iowa 9
First National Bank, Leeds, N. Dak.»9
First National Bank, Malvern, Iowa
First National Bank, Haleyville, Ala.«
i
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
Failures
Capital
805,805
107, 368
3, 506,398
569,079
$100,000
33,900
91,500
24,700
29,000
33,900
91,500
24,700
29,000
124,500
124, 500
39,000
79, 500
200,000
98,400
8,800
124,000
39,000
79,500
200,000
98,400
8,800
124,000
48,500
25,000
48,500
25,000
998,869
70,000
72,847
318, 438
402,890
376,954
115, 266
100,130
20,000
40,000
20,000
40,000
367,006
201,365
15,000
6,250
74,550
15,000
6,250
74,550
74,596
18,371
81,099
1,073,294
1,418,519
1, 724,366
199,987
1,175,814
1,889,085
4,318,064
290,520
341,515
2,318,247
635,983
419,317
251,640
195,852
171,508
1,446,671
229,029
1,128,135
97,600
49,500
24,700
12, 500
97,600
49,500
24,700
12, 500
103,830
14, 208
45,415
34,875
719, 644
599,132
128, 672
231,793
100,507
$597,750
32,500
166,350
$200,000
150,000
35,000
200,000
25,000
65,000
May
Apr.
June
Feb.
Oct.
Jan.
May
Mar.
Sept.
Feb.
Mar.
Dec.
Aug.
May
Dec.
Apr.
Aug.
Jan.
May
9,1904
30,1913
3,1907
13,1890
14,1902
25,1879
7,1915
23,1910
25,1882
5,1920
23,1909
28,1918
10,1922
5,1877
20,1905
7,1915
6,1901
31,1902
29,1893
100,000
200,000
50,000
75,000
100,000
50,000
30,000
100,000
50,000
200,000
50,000
30,000
200,000
50,000
100,000
25,000
25,000
25,000
80,000
485,000
57,000
44, 750
139,048
716,000
444,500
11,400
167,000
401,000
66,000
77,477
6,400
28,000
417,000
206,000
15,500
98,050
42, 500
199,200
300,000
200,000
50,000
100 000
400,000
100,000
30,000
150,000
250,000
200,000
50,000
50,000
200,000
50,000
100, 000
25,000
50,000
25,000
75,000
Apr. 12,1924
May 22,1924
June 10,1924
Feb. 11,1925
Apr. 17,1925
May 14,1925
May 16,1925
May 22,1925
June 24,1925
Oct. 1,1925
Nov. 25,1925
Dec. 5,1925
Jan. 16,1926
May 13,1926
June 4,1926
July 23,1926
do
Aug. 20,1926
Sept. 10,1926
10352 Jan.
4,1913
100,000
26,000
100,000
Sept. 23,1926
Dec.
Dec.
June
Feb.
Feb.
26,1914
26,1883
9,1902
9,1875
9,1920
100,000
50,000
25,000
50,000
25,000
82,000
206,817
35,000
272,000
6,000
100,000
50,000
25,000
50,000
25,000
Oct.
Nov.
Dec.
Dec.
Dec.
10681
3112
6312
2247
11613
$1,131,990
512,069
232,905
2,026, 264
241,585
1,307,918
$100,000
$150,000
150,000
35,000
200,000
25,000
50,000
7274
10399
8781
4279
6525
2408
10739
9747
2790
11623
9377
11286
12250
2363
8086
10725
5946
6124
4928
$1,126,045
94,108
110,000
484,361
47, 595
667,305
12,1906
23,1922
4,1923
31,1923
2,1924
14,1924
Jan. 30,1865
11696 Apr. 5,1920
8716 May 3,1907
12176 Apr. 17,1922
6502 Nov. 19,1902
2819 May 19,1882
77766"
Total
deposits
at date of
failure
. Lawful
money
deposited
Receiver
appointed
Dec.
Sept.
Jan.
Jan.
Jan.
Mar.
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
Circulation outstanding
at date
of failure
18,1926
29,1926
1,1926
10,1926
17,1926
First National Bank, Beardsley, Minn.»__
First National Bank, Edgeley, N. Dak.<»
Citizens National Bank, Albert Lea, Minn
First National Bank, Allegan, Mich
Farmers & Merchants National Bank, Mount
Morris, Pa.
_
First National Bank, Dunbar, Pa
_
Provident National Bank, Waco, Tex.i»...
First National Bank, Columbia City, Ind
Farmers & Merchants National Bank, Alcester,
S. Dak
First National Bank, Grafton, N. Dak.a
First National Bank, East Grand Forks, Minn.*9.
First National Bank, Bishop, Calif
Citizens National Bank, Waynesburg, Pa
First National Bank, New Cumberland, W. Va_.
First National Bank, Checotah, Okla.»
New Georgia National Bank, Albany, Ga. 9
First National Bank, Minnewaukan, N. Dak.< <L.
First National Bank, Mullens, W. Va_
-..
Astoria National Bank, Astoria, Orog
First National Bank, Carrington, N. Dak.*»
Commercial National Bank, Statesville, N. C__.
First National Bank, Bristow, Okla
First National Bank, Arcadia, Ind
First National Bank, Dublin, Ga
First National Bank, Aledo, 111
Carolina National Bank, Darlington, S. C
First National Bank, Cheraw, S. C*.
_.
Fourth National Bank, Macon, Ga
First National Bank, Richland Center, Wis
First National Bank, Warren, Ind
_
Cass County National Bank, Casselton, N.
Dak.o
First & Moorhead National Bank, Moorhead,
Minn
_
Exchange National Bank, Spokane, Wash
First Exchange National Bank, Coeur d'Alene,
Idaho
_
Minneapolis National Bank, Minneapolis, Kans.
First National Bank, Manchester, Iowa
First National Bank, Avon Park, Fla
First National Bank, Punta Gorda, Fla
First National Bank, Bixby, Okla
Carlton National Bank, WauchuJa, Fla
First National Bank, Rockford, Iowa 9
National Bank of Larimore, N. Dak.<»
First National Bank, Sandersville, Ga
National Bank of Emmetsburg, Emmetsburg,
Iowa
Footnotes at end of table.
Jan. 21,1927
Jan. 31,1927
Feb. 18,1927
do-
24,997
48,600
49,398
46,900
24,997
48,600
49,398
46,900
37,205
117,049
25,000
50,000
300,000
100,000
Feb.
Mar.
Mar.
Mar.
24,500
48,100
50,000
94,200
24,500
48,100
50,000
94,200
26,150
310,068
366,597
301,754
93,312
1,010,834
297,354
128,861
145, 500
202,500
15,000
461,000
76, 300
98,500
54,500
701.000
87,300
24,000
50,000
50,000
50,000
50,000
500,000
50,000
50,000
200,000
25,000
25,000
200,000
50,000
100,000
50,000
25,000
200,000
50,000
100,000
50,000
500,000
50,000
25,000
May 17,1927
May 25,1927
July 28,1S27
Aug. 15,1927
Aug. 17,1927
Nov. 21,1927
Dec.
1, 1927
Jan. 4,1928
Jan. 6,1928
Jan. 16,1928
Feb. 24,1928
Mar. 26,1928
Apr. 19,1928
Apr. 25,1928
July 3,1928
Sept. 24,1928
Sept. 27,1928
Nov. 2,1928
Nov. 14,1928
Nov. 26,1928
do
Dec. 7,1928
85,250
25,000
7438 July 7,1904
7914 Aug. 29,1905
6128 Jan. 22,1902
1829 May 11,1871
25,000
25,000
50,000
60,000
37,000
170,050
110,000
272,050
25,000
85,000
50,000
50,000
Sept.
Jan.
Mar.
Feb.
22,1903
20,1905
31,1890
2,1904
25,000
50,000
300,000
50,000
29,000
61,000
1, 320,000
171,000
10818 Dec. 30,1915
2840 Nov. 14,1882
4638 Sept. 7,1891
10999 Nov. 21,1916
4267 Jan. 15,1890
6582 Dec. 9,1902
5128 May 23,1898
12863 Dec. 22,1925
5500 July 9,1900
12270 Nov. 3,1922
4403 Aug. 9,1890
5551 July 6,1900
9335 Dec. 26,1908
6260 Apr. 29,1902
9488 July 8,1909
6374 May 3,1902
7145 Jan. 24,1904
9999 Apr. 14,1911
9342 Feb. 4,1909
8365 Aug. 2,1906
7901 Aug. 7,1905
7930 May 10,1905
25,000
50,000
50,000
25,000
50,000
40,000
50,000
300,000
25,000
25,000
50,000
25,000
100,000
25,000
25,000
50,000
25,000
50,000
25,000
250,000
30,000
25,000
43,750
296,500
138,000
126,000
1, 565,000
73. 350
234,600
90,000
84,250
7142
Jan. 11,1904
25,000
2569
4044
Aug. 13,1881
May 4,1889
50,000
100,000
7576
4309
7132
7120
3731
4221
10826
10512
10467
10691
3053
6286
7934
Jan.
June
Jan.
Feb.
Apr.
Dec.
Jan.
July
May
Aug.
14.1904
14,1887
17,1890
10,1916
6.1914
1,1913
7.1915
18,18*3
26,1902
15.1905
100,000
60,000
50,000
25,000
25,000
25,000
50,000
50.000
25,000
42,000
13069
Apr, 6,1927
60,000
24,684
49,600
37,498
49,600
37,498
14,400
275,000
50,000
49,300
197, 997
24, 745
275,000
50,000
49,300
197,997
24, 745
58,558
30,499
526,738
24,700
98,200
25,000
25,000
100,000
40,000
85,500
50,000
24,700
98, 200
25,000
25,000
100,000
40,000
85,500
50,000
49, 300
24,995
49,300
24,995
48,673
240,564
39,276
199,887
98,484
38,934
638,851
101,990
118,728
34,363
1,673,000
25, 780
6,198
252,056
273,196
887,404
581,948
396,354
866,808
481, 798
763,199
4,080,072
550,814
233,446
721,845
172,443
185,768
2,242,061
325,911
910,884
548,130
173,740
893,686
457,596
600,598
253,116
7,690,486
804,491
185,804
10,1928
25,000
25,000
54,884
269,217
150.000
172,500
2, 720,000 1,000,000
Dec. 24,1928
Jan. 18,1929
109, 995
980,800
109,995
980, 800
170,002
1,239,500
1,896,450
7, 500,236
100,000
60,000
50,000
100,000
50,000
25.000
50,000
50, 000
25.000
50,000
Jan. 19,1929
Feb. 9,1929
Feb. 13,1929
Feb. 18,1929
do.
Feb. 20,1929
Feb. 21,1929
Feb. 23,1929
M a r . 5,1929
M a r . 14,1929
100,000
60,000
39,448
16, 250
22,000
6,050
100,000
60,000
39,448
16, 250
22,000
6,050
68,000
60,000
115,800
12.500
21,500
25,000
12, 500
21,500
25,000
60,000
M a r . 15,1929
71,000
231,600
146,000
104, 000
49,375
22, 500
39,000
172,500
48,500
154,880
Dec.
21,1927
7,1927
26,1927
31, 1927
6,300
61,818
38,492
199,616
1,018,391
525,118
558,579
345,432
455,591
181,68
411,262
154,787
163,618
231,649
701,118
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. $1, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
First National Bank, Sanborn, N . Dak. 9
Peoples National Bank, Adena, Ohio
Reed City National Bank, Reed City,9 Mich. 9 .
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, N . Dak.<»_..
First National Bank, Mayville, N . Dak.< •
Polk County National Bank in Bartow, Fla__.
East Alabama National Bank, Eufaula, Ala. 9 ..
National Bank of Newberry, Newberry,
S. C_.
First National Bank, De Land, Fla. 9
First National Bank, Sanford, Fla
_
First National Bank, St. Augustine, Fla
Miners National Bank, Blossburg, Pa. 9
First National Bank, Maquon, 111
First National Bank, Montezuma, Iowa 9
First National Bank, Eldorado Springs,
Mo.t
First National Bank, Delta, Colo. 9 —
First National Bank, Taylorville, 111
First National Bank, New Bern, N . C
First National Bank, Tower City, N . Dak.* 9_.
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 . _._.__.
Dotnan National Bank, Dothan, Ala
....
First National Bank, Humphrey, Nebr—- . . . .
Charter
no.
8448
6016
12474
5641
12090
9811
12983
9453
11311
13053
3673
13309
3622
1844
9657
3798
3462
5007
8482
2961
10055
5467
3579
13298
6557
12146
7622
13213
8028
11899
8910
10263
5909
5337
Date
Oct.
Aug.
Dec.
July
Dec.
June
Aug.
June
Feb.
Mar.
Apr.
Apr.
Dec.
May
Jan.
Apr.
Feb.
June
Nov.
May
June
May
Oct.
Mar,
Dec.
Apr.
Jan.
Feb.
May
Dec.
Dec.
Sept.
Aug.
July
Apr.
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
6,1871
5,1910
19,1887
16,1886
6,1995
10,1906
21,1883
30,1911
22,1900
9,1886
18,1929
9,1923
19,1920
16,1922
3,1905
12,1928
22,1906
21,1920
4,1907
28,1912
6,1901
16,1900
Capital
$25,000
25,000
25,000
25,000
50,000
50,000
50,000
45,000
25,000
50,000
50,000
200,000
59,000
50,000
50,000
50,000
50,000
50,000
35,000
50,000
50.000
30,000
75,000
150,000
25,000
50,000
200,000
25,000
50,000
25,000
25,000
50,000
50,000
50,000
25,000
Total
dividends
paid during existence as a
national
banking
association
$65,000
86,687
6,000
62,125
33,500
206,000
3,000
123, 750
228,000
286,380
705,500
85,500
241, 225
807,900
127,500
18,900
191,000
66,500
156,000
657,290
86,500
54,000
83,250
127,000
3,500
64,825
34,000
798, 683
67,270
Failures
Capital
Receiver
appointed
$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
150, 000
130,000
50,000
35,000
50,000
50,000
50,000
200,000
150,000
25,000
50,000
200,000
25,000
50,000
100,000
25,000
100,000
100,000
400,000
35,000
Apr. 10,1929
Apr. 13,1929
May 2,1929
do
May 4,1929
M a y 15,1929
do.
May 22,1929
June 3,1929
June 14,1929
June 25,1929
June 28,1929
July 1,1929
do.
July 12,1929
July 15,1929
July 25,1929
July 30,1929
Aug. 14,1929
Sept. 16,1929
Sept. 23,1929
Sept. 25,1929
Oct. 18,1929
Oct. 26,1929
Dec. 10,1929
Dec. 13,1929
Dec. 30,1929
do
_.
Jan. 7,1930
Jan. 8,1930
Jan. 10,1930
Jan. 13,1930
Jan. 18,1930
Jan. 30,1930
.do..
Lawful
money
deposited
Circulation outstanding
at date
of failure
$25,000
25,000
$25,000
25,000
7,000
7,000
44,400
44,400
70,450
100,000
70,450
98,600
100,000
130,000
49,000
23,400
48,850
49,050
49, 600
98, 550
23,900
25,000
50,000
130,000
49,000
23,400
48,850
49,050
49, 600
98, 550
23,900
25,000
50,000
7,000
7,000
12,500
8,320
86,075
44,900
12,500
8,320
86,075
44,900
9,980
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$18,422
105,673
23,047
25,508
61,651
159,150
52,675
73, 656
34,988
75,263
20,000
494, 531
298, 507
84,118
232, 710
192,183
623,197
74,110
25,889
40,183
91,625
285, 920
328,103
16, 678
61,920
145,000
. 57,475
366,113
53,083
15,000
88.862
93, 396
303, 570
67,965
Total
deposits
at date of
failure
$60,358
498,265
212,659
194,631
390,452
1, 907,478
289,053
840,213
185,954
164,094
163,380
1,046,039
414, 340
1,108,313
1,255,287
1,713,486
1,649,312
1,167,522
127,145
496,376
315,831
457, 555
1,023,437
1,472,945
60,923
159,202
927,503
251,187
487,752
84,378
157,319
311,827
465,914
970,705
264,58Q
Texas National Bank, Fort Worth, Tex
First National Bank, Northwood, N. Dak
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. DakA
American National Bank, Kewanna, Ind
First National Bank, Tranquillity, Calif..._
First National Bank, Tallassee, Ala.9
First National Bank, Edmore, N. Dak.< <L__
Commercial National Bank, Chatsworth, 111
Citizens National Bank, Streeter, N. DakJ »
First National Bank, Rising Star, Tex •
First National Bank, Coffee Springs, Ala...
Commercial
National Bank, Independence,
Kans.9
Security National Bank, Cherokee, Iowa
First National Bank, Hazard, Ky.i
Peoples-First National Bank, White Hall, 111«...
First National Bank, Wanette, Okla
Pana National Bank, Pana, 111
Farmers National Bank, Oskaloosa, Iowa *
State National Bank, Idabel, Okla
...
Saunders Co. 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
First National Bank in Poultney, Vt
New-First National Bank in Farmland, Ind
First National Bank, Litchville, N. Dak <9
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
Citizens National Bank, Galion, Ohio
First National Bank, McLeansboro, 111
Port Newark National Bank, Newark, N. J
First National Bank, Ayrshire, Iowa
Farmers National Bank, Glen wood City, Wis..
Clymer National Bank, Clymer, Pa.
First National Bank, Burt, Iowa_-_ 9
_.
First National Bank, Fairview, Mo.
Farmers National Bank, Wilkinson, Ind
_
First National Bank, Altus, Okla
First National Bank, Washburn, N. Dak.*9
City National Bank, Spur, Tex..
Farmers National Bank, Howe, Tex
„-.„Footnotes at end of table.
12371
5980
12110
10991
7991
5064
9386
10616
11433
10766
6601
5519
11166
7906
11259
4499
May
Aug.
Jan.
Apr.
Nov.
Mar.
Nov.
Apr.
July
July
Jan.
July
Mar.
Aug.
Oct.
Jan.
3,1923
28,1901
16,1922
11,1917
6,1905
11,1897
6,1908
21,1914
15,1919
14,1915
15,1903
14,1900
28,1918
24,1905
28,1918
1,1891
300.000
25,000
200,000
25,000
25,000
50,000
25,000
25,000
50,000
25,000
25,000
25,000
25,000
25,000
25,000
100,000
237,369
90, 750
20,000
14, 590
61,000
380,000
51,750
8,500
9,000
23, 250
101,750
100,100
8,750
52, 750
17,000
659, 750
500,000
50,000
100,000
25,000
50,000
150,000
25,000
25,000
50,000
25,000
25,000
40,000
25,000
25,000
25,000
250, 000
Feb. 4,1930
Feb. 5.1930
do
do
Feb. 17,1930
do
Feb. 20,1930
Feb. 25,1930
Feb. 27,1930
M a r . 6,1930
Mar. 8,1930
do.
Mar. 10,1930
Mar. 12,1930
Mar. 13,1930
Mar. 14,1930
10711
8258
7121
6641
6734
8076
12106
3118
7672
7757
7027
Feb. 10,1915
May 28,1906
Jan. 4.1904
Feb. 6,1903
Apr. 14,1903
Jan. 24,1906
Jan. 17,1922
Jan. 3,1884
Mar. 6.1905
Jan. 17,1905
Sept. 16,1903
50,000
25,000
50,000
25,000
50,000
100,000
50,000
55,000
25,000
30,000
50,000
27,000
50,000
100,000
100,000
25,000
100,000
100,000
50,000
50,000
25,000
30,000
100,000
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
May
May
May
7730
13261
12866
8298
6408
11473
10939
10768
6452
1984
6649
12946
5479
11083
9898
5685
8916
9279
7159
6327
10703
5670
Apr. 26,1905
Nov. 12,1928
Nov. 25,1925
June 9,1906
Aug. 9,1902
Sept. 29,1919
Dec. 18,1916
Aug. 12,1915
Sept. 12,1902
Mar. 20,1872
Apr. 4,1902
May 5,1926
June 11,1900
Sept. 1,1917
Oct. 10,1910
Jan. 5,1901
Oct. 1,1907
Nov. 2,1908
Feb. 15,1904
June 19,1902
Feb. 4,1915
Dec. 4,1900
25,000
100,000
25,000
25,000
50,000
200,000
30, 000
100,000
25,000
60,000
25,000
200,000
25,000
25,000
25,000
25,000
25,000
25,000
30,000
25,000
40,000
30,000
600,000
100,000
25,000
25,000
50,000
400,000
30, 000
100, 000
100, 000
100,000
50,000
200,000
25,000
25,000
75,000
40,000
25,000
25,000
60,000
25,000
40,000
30,000
June 9,1930
June 20,1930
June 25,1930
June 30,1930
July 3,1930
July 7,1930
July 9,1930
July 21,1930
July 31,1930
Aug. 4,1930
do
Aug. 8,1930
Aug. 12,1930
Aug. 22,1930
do
Sept. 5,1930
Sept. 17,1930
Sept. 19,1930
Sept. 26,1930
Sept. 29,1930
Oct. 7,1930
Ogt. 8, m O
85,000
75, 250
133,500
114,000
2,500
181,950
25, 500
49,085
152, 000
927, 750
8,000
6,000
65, 500
26, 500
18,000
6,000
185,000
170,000
383,400
113, 000
70, 750
5,000
41,000
51,750
24, 500
32,500
214, 800
96,250
44,200
61,500
17,1930
18,1930
20,1930
24,1930
1,1930
9,1930
19,1930
22,1930
1,1930
13,1930
16,1930
484,940
24,460
100,000
484,940
24, 460
100,000
12,780
37.497
6,500
25,000
50,000
24,400
6,070
39,280
12,780
37,497
6,500
25,000
50,000
24,400
6,070
39, 280
23, 860
23,860
100,000
100, 000
48,920
48,920
47,840
6,300
100, 000
47,840
6,300
100,000
24,460
25,000
29,040
100,000
24,460
25,000
29,040
100,000
48,438
48,438
25,000
50.000
200,000
10,000
98,920
100, 000
58,740
25,000
25,000
50,000
200,000
10,000
98,920
100, 000
58,740
25,000
8,000
24,700
75,000
25,000
25,000
25,000
25,000
25,000
9,040
24,995
8,000
24,700
75,000
25, 000
25,000
25,000
25,000
25,000
9,040
24,995
1,171,161
45,933
13,513
11,858
170,000
16,842
17,114
21,792
58,010
42.105
31,181
23,190
270,000
4,900
100,000
57,662
28,807
111, 260
100,000
67,000
247,491
24,408
32,390
90,353
929,725
86,523
21,194
17,893
470,000
33,832
485,000
224,700
198, 547
112, 776
33,895
34,920
15,000
26,851
23,057
132,194
34,595
114,964
16,46,9
6,362,097
247,828
504,083
57,625
131,706
1,261,844
81,303
208,091
310,857
323,469
119,090
319,205
166.496
167,692
27,152
5,046,248
S
3
145,924
a
400,926
272,906
664,920
a
o
259,857
469,076
256,931
161,344
988,433
4, 336,700
764,122
120,624
152,358
747,648
3,348,725
98,545
1,599,482
2, 582, 278
906,948
480,275
586,763
131,813
159,497
676, 769
314,987
49,235
141,893
447, 432
98,056
184,464
69,222
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1985\ dates of dtQdnization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organisation
Name and location of bank
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, EU
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, El
Planters National Bank, Walnut Ridge, Ark
Holston-Union National Bank, Knoxville, Tenn.
National Bank of Kentucky, Louisville, Ky
First National Bank, West Salem, 1111
City National Bank, Spokane, Wash.
American National Bank, Asheville, N. C
First National Bank, Plymouth, 111 4
First National Bank, Forman, N. Dak. •
First National Bank, Campbell, Mo
First National Bank, Westfield, El
_._.
Citizens National Bank, Hendersonville, N. C
First National Bank, Mendon, Ohio •
First National Bank, Roland, Iowa
First National Bank, Benton, 111
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, Marion, 111
Sioux National Bank in Sioux City, Iowa
First National Bank, Charlotte, N. C
First National Bank, Horse Cave, Ky.»
Farmers & Merchants National Bank, Tyrone,
Pa
Charter
no.
Date
Capital
6721
12045
2766
7865
4958
10585
11960
5440
7209
Mar.
Nov.
May
July
May
July
Aug.
Apr.
Mar.
17,1903
12,1921
29,1882
11,1905
14,1894
10,1914
7,1920
19,1900
28,1904
$25,000
30.000
50,000
25,000
50.000
50,000
50,000
25,000
25,000
3752
12083
4648
5312
9338
12418
8772
12658
6474
6885
8216
10734
9274
11249
6136
10853
11016
9332
9133
4502
4510
1547
7602
June
Aug.
Oct.
Apr.
Dec.
July
May
Mar.
Oct.
Apr.
Apr.
Apr.
Oct.
Aug.
Jan.
Apr.
July
Dec.
Mar.
Dec.
Aug.
Aug.
Feb.
7,1887
24,1921
13,1891
23,1900
12,1908
3,1923
15,1907
7,1925
24,1902
4,1903
10,1906
21,1915
28,1908
17,1918
11,1902
17,1916
6,1917
20,1909
14,1908
27,1890
19,1890
26,1865
4,1905
100.000
25,000
100,000
1,645,000
25,000
200,000
300,000
25,000
25,000
30,000
25,000
50,000
25,000
30.000
25,000
25,000
25,000
25,000
25,000
50,000
100,000
50,000
25,000
Nov. 19,1902
00,000
6499
Total
dividends
paid during existence as a
national
banking
association
$54,125
5,000
400,500
125,500
194,500
155,000
1,500
113, 750
39,500
Failures
Capital
$25,000
25,000
50.000
50,000
65,000
75,000
50,000
50,000
25,000
Receiver
appointed
Oct. 11,1930
Oct. 17,1930
Oct. 18,1930
Oct. 25,1930
.do.
Oct. 28,1930
Oct. 31,1930
Nov. 3,1930
Nov. 6,1930
500,000 Nov. 10,1930
450,890
25.000 N o v . 11,1930
7,500
750,000 Nov. 12,1930
1,607,303
9,885, 550 4,000.000 Nov. 17,1930
25,000 Nov. 18,1930
22, 750
200,000 Nov. 20,1930
50,000
200,000 Nov. 21,1930
154,500
do
25,000
3,750
25,000 Nov. 24,1930
41,000
do
40,000
54,400
50,000 Nov. 28,1930
93, 750
do
100,000
71,000
25,000 Nov. 29,1930
31,250
do..
40,000
9,600
100,000 Dec. 2,1930
210,250
25,000 Dec. 3,1930
24,750
.do.
25,000
25,000
50,000 Dec. 4,1930
45,000
25,000 Dec. 5,1930
100,000
do
378,000
631,500
400.000 Dec. 8,1930
do
300,000
2,090,000
55,500
25,000 Dec. 9,1930
162,400
150,000
Dec. 12,1930
Lawful
money
deposited
Circulation outstanding
at date
of failure
$25,000
$25,000
50,000
50,000
50,000
50,000
50,000
6,250
60,000
6,250
500,000
500,000
25,000
25,000
742,198
742, 198
2,500,000 2,500,000
24,815
24,815
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$8,925
46,916
65,262
46,996
80,169
37,238
6,412
Total
deposits
at date of
failure
1
O
•=1
$298,702
161,423
495,272
392,610
745,494
342,198
105,407
42,295
150,000
23,980
7,000
7,200
50,000
49,580
24,4Q0
30,000
97,720
24,520
150,000
23,980
7,000
7,200
50,000
49,580
24,400
30,000
97,720
24,520
586,680
14,605
1,774,450
7,083,021
40,563
200,000
412,051
17,225
17,214
48,000
7,730
249,081
25,334
33,832
368,579
51,730
24,400
96,995
100,000
299,980
24,400
48,380
24,400
96,995
100,000
299,980
24,400
36,000
22,267
214,000
630,129
523,250
25,000
3,564,347
87,593
11,162,384
26,966,990
223,941
50,536
1,949,431
98,590
152,037
109,663
246,458
1,075,536
237,560
260,008
1,119,568
193,204
296,096
428,125
80,142
1,567,657
3,438,611
1,671,709
390,078
100,000
100,000
84,935
362,750
o
•=51
tel
c
First National Bank, Naper, Nebr.»
___
American National Bank, Redfield, S. Dak
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, Caruthersville, Mo
First National Bank, Capac, Mich___
First National Bank, Rock Rapids, Iowa
_.
Farmers National Bank, Inwood, Iowa
First National Bank, Ridgeway, M o . .
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, Mont. 1 9
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. 9
Merchants & Planters National Bank, Dillwyn,
Va
First National Bank, Ludlow, Mo
Lawrence Ave. 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, Miss..
First National Bank, Brookfield, M o . . 1
Howard National Bank, Kokomo, Ind.
Planters National Bank, Clarksdale, Miss
Anoka National Bank, Anoka, Minn._
First National Bank, Clinton, S. C1
First National Bank, Addison, Pa.
First National Bank, Waverly, Ilh»
Farmers & Merchants National Bank, Sheridan,
Ind
_
Peoples National Bank, Osceola Mills, Pa
Clinton National Bank, Clinton, M o . . .
First National Bank, Connellsville, Pa.»
First National Bank, Redmond, Oreg.9
Footnotes at end of table.
9665
8125
5901
10859
8135
9645
10797
9293
2402
10784
10631
3153
8257
6549
6203
13159
6751
13266
10715
4311
8758
7216
1034
5597
5048
11234
12927
11365
Dec. 15,1909
Feb. 16,1906
June 22,1901
May 16,1916
Feb. 28,1906
Jan. 10,1910
Oct. 28,1915
Oct. 10,1908
Oct. 28,1878
Sept. 17,1915
Sept. 17,1914
Mar. 17,1884
Mar. 19,1906
Dec. 12,1902
Jan. 24,1902
Dec. 23,1927
Apr. 13,1903
Dec. 10,1928
Jan. 4,1915
Apr. 26,1890
Apr. 25,1907
Apr. 2,1904
Feb. 13,1865
Aug. 20,1900
Apr. 28,1896
July 23,1918
Mar. 24,1926
May 24,1919
25,000
30,000
25,000
50,000
60,000
150,000
25,000
50,000
50,000
50,000
25,000
50,000
40,000
30,000
25,000
500,000
60,000
25,000
30,000
50,000
25,000
250,000
100,000
25,000
50,000
200,000
25,000
25,000
11501
7900
12873
9821
7311
8848
11905
7789
10494
12820
2375
12222
3000
8041
6709
6116
Oct.
Aug.
Jan.
June
June
July
Dec.
May
Feb.
Sept.
Nov.
June
May
Jan.
Mar.
Jan.
27,1919
7,1905
11,1926
16,1910
7,1904
25,1907
6,1920
19,1905
17,1914
5,1925
28,1877
10, 1922
26, 1883
8,1906
13, 1903
7,1902
50.000
25,000
200,000
25, 000
25,000
50,000
100,000
25,000
100,000
100,000
100,000
500,000
100,000
50,000
25,000
25,000
40,000
50,000
50,000
50, COO
25,000
13050 Mar. 9,1927
11966 Mar. 23,1921
7806 Apr. 29,1905
2329 Mar. 25,1876
11294 Dec. 24,1918.
25,000
40,000
25,000
50,000
60,000
420,000
25,000
50,000
100,000
50,000
25,000
100,000
40,000
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
do
do
Dec. 16,1930
- do
do
do
Dec. 17,1930
do_
do
Dec. 18,1930
Dec. 19,1930
Dec. 20,1930
do._
Dec. 23,1930
._ do
do
do_
Dec. 26,1930
do-_
do
do
Dec. 27,1930
Dec. 30,1930
do
do
Jan. 3,1931
Jan. 6,1931
do_
827,000
140,000
146,500
112,085
11,500
132,000
50,000
25,000
200,000
25,000
50.000
50,000
100,000
50,000
100. 000
100,000
200,000
500,000
50,000
100.000
25,000
100,000
Jan. 9,1931
do
do
do
Jan. 12,1931
do
do.
Jan. 13,1931
do_
Jan. 22,1931
do
Jan. 26,1931
Jan. 27,1931
do
Jan. 28,1931
Feb. 7,1931
14,500
130,500
400,000
3,750
50,000
100,000
50,000
200,000
25,000
Feb. 9,1931
Feb. 10,1931
do
Feb. 12,1931
do
37,250
85,200
59,250
35,000
179, 400
242,429
32,000
45,500
364, 250
68,250
51,750
408,500
99,600
139,800
80,000
99,000
1,500
28,500
315. 216
47,250
862,500
727,250
50,250
234,000
285,000
6,250
2,500
13,500
13,000
21,500
122, 700
131, 205
61. 476
130, 500
131,000
10,000
40,000
24,400
10,000
40,000
24,400
58,500
194,960
58, 500
194,960
50,000
50,000
46,580
9,280
94,100
40,000
46,580
9,280
94,100
40,000
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
48,915
93, 700
48.320
74,998
19.460
48, 915
93, 700
48, 320
74,998
19,460
95,500
12, 500
94,660
10,270
34,026
41, 785
39, 244
159,185
696, 759
70,018
49,015
553,211
35,199
39,137
47,904
27,785
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
45,67«
533,474
168,865
86,645
791,374
2,474,918
238,137
216,325
449,850
421,434
257,123
177,727
87,181
505,190
5,996,970
299,969
113, 720
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
95,500
12, 500
94,660
39,044
34,000
124,950
9,974
125, 547
44,310
107,050
74, 700
142,758
8,705
716,994
839,497
24,191
33,499
1,048,155
615,068
209,679
98,800
98,800
70,000
263,057
29,340
48,3bO
29,340
48,380
68,027
45,000
104,000
235,026
18,300
348,777
348.047
421,017
322,962
605,272
561, 673
912,728
121, 516
247"a§2
I
a
B
o
m
a
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. SI, 1985, dates of organization and appointment of receivers, fcO
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 31, 1935, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
N a m e a n d location of b a n k
1518
1519
1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1534
1535
1536
L538
1540
1542
1543
L544
L545
54fi
L547
548
549
L550
551
1552
1553
L564
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, Ston«\ Ky
Blossom National Bank, Blossom, Tex__
Coolville National Bank, Coolville, Ohio
First National Bank, Veedersburg, Ind
First National Bank, Champlain, N. Y.»
First National Bank, Rouses Point, N. Y.»
First & Farmers National Bank in Luverne, MinnFirst National Bank, Portage, Pa
_
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, 111
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, P a . .
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
10346
Feb. 26,1913
$30,000
$313,950
10900
10466
8067
3332
8998
8245
8826
10799
7854
8542
8251
13041
11890
13052
8175
11044
316
11969
12634
7367
3447
10217
10450
9746
11507
10337
6467
10674
12494
12894
7649
2781
648
Aug.
Nov.
Jan.
Mar.
Dec.
Apr.
July
Aug.
May
Jan.
May
Feb.
Dec.
Mar.
Mar.
July
Feb.
Apr.
Jan.
July
Jan.
June
Apr.
Apr.
Oct.
Feb.
Sept.
Dec.
Dec.
Feb.
Jan.
Aug.
Dec.
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
100,000
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
20,800
32,500
190,333
724,500
99,000
22,750
102,000
22,000
54,750
328,500
171,500
17,1916
7,1913
15,1906
14,1885
30,1907
21,1906
30,1907
3,1915
19,1905
23,1907
2,1906
8,1927
3,1920
21,1927
8,1906
3,1917
20,1864
14,1921
27,1925
18,1904
13,1886
11,1912
14,1913
25,1910
31,1919
7,1913
25,1902
24,1914
10,1923
15,1926
24,1905
19,1882
10,1864
28,500
2,400
41, 250
23,450
861,750
52,000
5,000
100,475
349,250
23,250
30,900
53,250
1,000
166,500
47,500
155,000
250
133,500
435,000
904,500
Failures
Lawful
money
deposited
Circulation outstanding
at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
Total
deposits
at date of
failure
Capital
Receives/
> ftPElointed
$250,000
Feb. 12,1931
$151,943
$672,638
40,000 Feb. 13,1931
50,000
do
100,000 Feb. 16,1931
200,000
do
50,000 Feb. 18,1931
25,000 Feb. 26,1931
100,000
do.
25,000 Mar. 3.1931
100,000 Mar. 7,1931
150,000 Mar. 9,1931
100,000
do
25,000 Mar. 13,1931
50,000 Mar. 17,1931
30,000
. do
25,000 Mar. 18,1931
35,000 Mar. 19,1931
100,000
do
50,000
do
100,000 Mar. 23,1931
60,000 Mar. 25,1931
100,000 Mar. 30,1931
25,000
do
30,000 Mar. 31,1931
50,000
do
100,000 Apr. 1,1931
250,000 Apr. 6,1931
25,000 Apr. 9,1931
200,000
do
25,000 Apr. 10,1931
50,000 Apr. 11,1931
100,000 Apr. 16,1931
125,000
do
100,000
do
20,500
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
55,161
298,788
156,056
1,252,541
730,005
708,566
749,845
958,087
177,137
156,448
203,502
395,788
2,116,813
179,615
$25,000
90,220
$25,000
90,220
48,500
24,700
100,000
48,500
24,700
100,000
24,700
94,960
97,420
24,700
94,960
97,420
9,040
9,040
18,700
34,280
37,200
12,320
55,000
25,000
25,000
18, 270
29,220
50,000
18,700
34,280
37,200
12,320
55,000
25,000
25,000
18, 270
29,220
50,000
24,700
25,000
24,700
25,000
25,000
25,000
47,780
48,140
98,140
47,780
48,140
98,140
136,239
266,860
48,889
30,000
165,460
22,884
21,625
279,703
89,308
55,005
49,500
16,897
47,728
24,015
13,651
177,012
57,500
148,514
12,000
33,650
74,245
508,107
48,600
498,800
25,000
56,427
110,250
724,809
66,000
263,330
245,354
769,937
2,158,821
4,454,324
9199
First National Bank, Richwood, Ohio 19
11487
Citizens National Bank, Monessen, Pa.
Nobel County National Bank, Caldwell, Ohio L. 2102
5441
First National Bank, Masontown, Pa
t
Centrall National
Bank & Trust Co., St. Peters7796
burg, Fla
Fl
b
Merchants National Bank, Point Pleasant,
1504
is
5849
First National Bank, Waldron, Ark
4802
First National Bank, Langdon, N. Dak.i»
First National Bank, Brandt, S. Dak.*»
7310
First National Bank, Millsboro, Pa4
4992
First. National Bank, Tracy, Minn. »
8701
Old National City Bank, Lima, Ohio
9044
National Bank of Kinston, Kinston, N. C
9085
First National Bank, Kinston, N. C
3376
First National Bank & Trust Co., Paris, 111.1
6063
First National Bank, Pomeroy, Iowa
9889
First National Bank, Terra Bella, Calif
5803
Commercial National Bank, Essex, Iowa
7405
Farmers National Bank, Hickory, Pa
11349
Savona National Bank, Savona, N. Y.»
Montgomery 9 County National Bank, Cherry4749
vale, Kans.
9298
Security National Bank, Milford, Iowa 4 9
11685
Peoples National Bank, Shakopee, Minn.
6321
First National Bank, Dawson, Minn
12573
Overbrook National Bank, Philadelphia,
Pa
6407
First National Bank, Crary, N. Dak. 49
Albany Park National Bank & Trust Co., Chi11737
cago, 111
11416
Farmers National Bank, Pomeroy, Wash
8169
Citizens National Bank, Odessa, Tex
3061
First National Bank, Holton, Kans
11469
Iron National Bank, Iron wood, Mich
6642
First National Bank, Smithfield, Pa
4783
McCartney National Bank, Green Bay, Wis
13135
National Bank of Lynwood, Lynwood,
Calif
9055
First National Bank, Prattville, Ala.9__
5430
First National Bank, Fowler, Ind
11115
First National Bank, Irvona, Pa
Citizens National Bank, Warren, Pa.__
. - . . 2226
501
First National Bank, Smithfield, Ohio 1
Washington Park National Bank, Chicago, 111— 3916
10179
Inland-Irving National Bank, Chicago, 111
9267
First National Bank, Mountain Lake, Minn
Commercial National Bank, Hattiesburg, Miss.. 12478
8583
Farmers National Bank, Cross Plains, Tex.»
Manufacturers National Bank & Trust Co.,
3952
Rockford, 111
7610
Mahaffey National Bank, Mahaffey, Pa
Footnotes at end of table.
Jan.
Oct.
Mar.
May
24,1908
18,1919
18,1873
10,1900
25,000
100,000
60,000
25,000
Apr. 18,1905
25,000
124,500
40,000
100,000
60,000
100,000
Apr. 17,1931
do
Apr. 18,1931
do
361,000
300,000
Apr. 21,1931
737,041
48,500
Apr. 22,1931
do
Apr. 23,1931
Apr. 27,1931
Apr. 28,1931
Apr. 29,1931
do
-May 1,1931
do
_-.
May 4,1931
May 5,1931
do
._ .do
May 6,1931
do
58,250
39,000
July
May
Sept.
June
June
Feb.
Mar.
Feb.
Feb.
July
Dec.
Sept.
Apr.
Aug.
Apr.
18,1865
17,1901
28,1892
24,1916
11,1904
21,1895
29.1907
14.1908
25,1908
16,1885
10,1901
28,1910
22,1901
17,1904
23,1919
180,000
25,000
50,000
25,000
25,000
50,000
125,000
100,000
100,000
108,000
40, 000
25,000
50,000
25,000
25,000
5,750
3,000
156, 500
370, 667
281, 600
340, 500
634, 560
100, 700
27,000
147,000
61,450
9,000
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
May
Nov.
Apr.
June
July
Aug.
21,1892
27,1908
12,1920
6,1902
1,1924
20,1902
50,000
25,000
25,000
30,000
300,000
25,000
72,500
25,069
4,500
51, 900
118, 500
52,500
50,000
50,000
25,000
30,000
500,000
25,000
Apr.
July
Mar.
Sept.
Sept.
Jan.
June
Oct.
Feb.
May
Oct.
Feb.
June
June
Apr.
Oct.
Dec.
Jan.
13,1920
19,1919
29.1906
27,1883
2,1919
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
200,000
50,000
25,000
50,000
100, 000
25,000
50, 000
50,000
50,000
25, 000
25,000
50,000
63,000
50,000
100, 000
25, 000
100, 000
25,000
105,000
5,000
130, 700
324, 700
96,000
101, 250
1,036, 584
300, 000
50,000
50,000
50,000
100, 000
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
Nov. 20,1888
Dec. 27,1904
125,000
35,000
842,470
111,000
91,750
151,850
27,000
431, 667
447, 575
1,098,942
313, 250
35, 750
19,000
50,750
May
May
May
May
May
May
7,1931
11,1931
13,1931
14,1931
15,1931
18,1931
May 19,1931
do
do
May 23,1931
May 26,1931
May 27,1931
May 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
500,000 June 16,1931
do.
50,000
38,500
38,500
98,800
98,800
39,500
102,400
45,945
285,031
1,631,948
42,532
2,602,558
357,035
18,750
18,750
25,000
25,000
84,421
15,150
57,886
19, 717
17,500
150,000
24, 340
24,400
150,000
24,340
24,400
351,426
180, 931
235,938
40,000
24,580
50,000
24, 635
10,000
40,000
24,580
50,000
24, 635
10,000
16,020
14,500
29,625
15,000
6,602
80,421
88,582
572,642
2,148,083
714,382
623,322
601,607
146,212
116,308
167,634
537,618
182,124
50,000
25,000
50,000
25,000
30,000
150,000
25,000
30,000
150,000
25,000
68,327
34,853
37,804
29,657
753,847
14,665
159,623
176,814
156,926
212,097
2,528,547
66,109
200,000
19,460
32, 360
200,000
19, 460
32,360
100,000
50, 000
249,995
100,000
50,000
249, 995
12,500
14, 520
5,960
96,220
12,500
14.520
5,960
96,220
515,600
91, 750
54,968
63, 576
24,294
70,000
314,479
30,157
177,372
38,410
55,000
45,100
50, 517
1, 700,609
132, 744
424,875
403,898
502,305
448,347
2,089,423
197.992
315,870
296,451
248,004
933,649
500,000
296, 760
25,000
98,500
6,300
500,000
296,760
25,000
98,500
6,300
901,957
2,507
44,405
59,667
7, 521,346
4,169,504
253,118
759,379
119,835
196,760
47,420
196,760
47,420
200,055
44,810
4, 237,013
574,955
187,347
3
o
j
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1935, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1935, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
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. D a k . . .
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, WinstonSalem, 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, Mechanicville, N. Y
Boston National Bank, South Boston, Va
Second National Bank, New Hampton,
Iowa
First National Bank, Scobey, Mont. 9 -..
_
Will County National Bank, Joliet, 111.First National Bank, Stronghurst, Ill.i fl
Floyd County National Bank, Floydada, Tex
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.<»,
Charter
no.
Date
Feb.
May
Mar.
Jan.
Jan.
Nov.
Mar.
Aug.
July
Capital
Total
dividends
paid during existence as a
national
banking
association
Failures
Capital
Receiver
appointed
June 17,1931
June 18,1931
do
June 19,1931
June 22,1931
do
do
June 23,1931
do
16,1925
3,1920
24,1911
31,1910
22,1887
11,1915
7,1913
4,1905
3,1902
$50,000
200,000
25,000
35,000
50,000
30,000
100,000
25,000
25,000
$16,500
70,000
27,750
148,075
323, 500
64,900
213, 500
44, 250
39,250
$50,000
200,000
25,000
100,000
100,000
100,000
250,000
25,000
25,000
7332 May 3,1904
12530 Apr. 18,1924
1721 Aug. 27,1870
25,000
150,000
50,000
98,000
1,500
439, 764
25,000 June 27,1931
do
150,000
50,000 June 29,1931
Mar.
Mar.
June
Jan.
Oct.
Aug.
Aug.
Feb.
June
Mar.
Oct.
Jan.
Mar.
Aug.
Apr.
Apr.
June
Sept,
Sept.
Jan.
Mar.
100,000
25,000
25,000
25,000
25,000
60,000
150,000
100,000
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
296,500
65,855
90,750
23,000
62,500
43,200
9,000
150,000
50,000
50,000
25,000
25,000
60,000
150,000
150, 000
25,000
50,000
200,000
100,000
30,000
200,000
75,000
50,000
25, 000
50,000
50.000
100,000
25,000
12601
11731
9996
9725
3686
10802
10355
7879
6332
4292
6745
6857
9921
6995
11813
12989
12657
6868
3171
8414
7607
1882
5813
12692
9816
10101
11843
5693
13190
24,1890
18,1903
15,1903
4,1911
5,1903
3,1920
17,1926
26,1925
22,1903
6,1884
10,1906
3,1905
25,1916
4,1871
27,1901
18,1925
25,1910
29,1911
11,1920
15,1901
3,1928
40,500
170, 500
159,500
246, 250
20,150
793,000
40,600
31,000
19,500
52,000
28,000
263,000
do
do
July 2,1931
....do..
July 3,1931
do
do
do
July 9,1931
do.
July 10,1931
July 14.1931
do.
July 15,1931
July 17,1931
do.
July 20,1931
do
_
July 21,1931
do
July 27,1931
Borrowed
money
(bills
pavable,
rediscounts,
etc.) at
date of
failure
Lawful
money
deposited
Circulation outstanding
at date
of failure
$30,000
197,060
9,760
35,000
98,800
$30,000
197,060
9,760
35,000
98,800
250,000
7,000
250,000
7,000
184,084
62,135
163, 501
73,352
35, 650
$676,110
1,908, 707
313,986
928,952
790,465
421.164
2,870,921
267.165
201,808
24,400
94,120
48,980
24,400
94,120
48,980
27,348
141,870
24,450
70,204
384, 791
288, 539
150,000
25,000
20,000
25,000
19, 520
58,380
48,200
47,360
24,280
48,500
189,440
100,000
30,000
198, 500
150,000
25,000
20,000
25,000
19,520
58,380
48,200
47,360
24,280
48,500
189,440
100,000
30,000
198,500
236.123
43,224
6,752
23,118
24,404
97,986
75,660
906,141
219, 705
144,998
149,455
24,820
50,000
50,000
38,240
24,820
50,000
50,000
38, 240
$10,000
158,500
25,651
35,576
24,997
325, 760
81,329
214.000
80,095
73, 538
17, 540
20,328
31,850
157,384
72,968
Total
deposits
at date of
failure
593,860
604, 702
743,053
134,380
1, 299,051
685,845
684,980
178,931
2,662,267
281,128
72, 312
422,998
237,026
163,035
112,465
Cm
d
o
3
W
o
d
2
a
First National Bank, Terrell, Tex.19
First National Bank, Beaverdale, Pa
First National Bank, Eipley, 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.* 9
First National Bank, Van Hook, N. Dak * »„._..
First National Bank, Parshall, N. Dak.* 9
First National Bank, Maryville, Mo
Manufacturers National Bank, Mechanicville,
N Y
Columbus National Bank, Columbus, Ohio1
Fir t National Bank, Polo, 111
_.
First National Bank, Blythe, Calif.»
First National Bank, in Mount Vernon S. Dak..
First National Bank, Colony, Kans
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, Bridge water, 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
The Farmers National Bank, Fairfax, S. Dak...
Prineville National Bank, Prineville, Oreg 9
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
First National Bank, Merrill, Iowa
_
Rockaway Beach National Bank, New York,
NY
Labor National Bank of Montana at Three
Forks, Mont
....
Footnotes at end of table.
26,1887
1,1919
9,1902
15,1886
22,1925
60,000
50,000
25,000
50,000
100,000
792,500
39,000
79,000
197, 700
200,000
do
50,000 July 28,1931
25,000 July 30,1931
60,000 Aug. 3,1931
300,000 Aug. 6,1931
48, 320
25,000
59,460
48, 320
25,000
59,460
9867 Sept. 19,1910
9020 Jan. 15,1908
9214 Apr. 22,1908
9689 Feb. 11,1910
10966 Mar. 15,1917
11226 July 25,1918
3268 Aug. 28,1884
100,000
50,000
25,000
25,000
25,000
25,000
100,000
500,700
37,500
46,250
42,500
7,500
2,500
582,074
do
600,000
50,000 A u g 7,1931
25,000 Aug. 8,1931
25,000
do
25,000 . _ do
25,000
do.
100,000 Aug. 10,1931
140,000
50, 000
24,280
20,000
25, 000
9,760
96,040
140,000
50,000
24, 280
20,000
25,000
9,760
96,040
620,000
5037
12350
13497
10944
13282
11531
5868
7264
7632
11183
7091
7426
5744
11372
Feb.
Apr.
Oct.
Jan.
Feb.
Nov.
June
May
Feb.
Apr.
Oct.
Sept.
Jan.
May
1,1896
2,1923
11,1930
17,1917
8,1929
7,1919
15,1901
9,1904
11,1905
15,1918
22,1903
28,1904
14,1901
31,1919
60,000
500,000
50,000
25,000
25,000
25,000
25,000
25,000
200,000
25,000
25,000
25,000
100,000
50,000
273,600
. . do
Aug. 11,1931
Aug. 12,1931
do
. _ do..
Aug. 14,1931
Aug. 17,1931
Aug. 18,1931
do—
Aug. 20,1931
Aug. 22,1931
Aug. 24,1931
do
do
100,000
100,000
275,000
500,000
29,837
201, 543
40,806
43,125
245, 796
14,000
12398
13302
12655
7979
9879
6412
2532
7309
7833
13171
13457
11590
12611
12813
7292
9802
10889
June
Mar.
Feb.
Aug.
June
July
May
June
June
Jan.
Apr.
Dec.
Oct.
Aug.
May
June
Aug.
11,1923
9,1929
27,1925
30,1905
21,1910
15,1902
25,1861
3,1904
27,1905
17,1928
16,1930
5,1919
18,1924
15,1925
18,1904
15,1910
3,1916
200,000
25,000
50,000
25,000
B5,000
25,000
50,000
25,000
25,000
50,000
150,000
50,000
50,000
40,000
25,000
100,000
40,000
52,000
12252 June 21,1922
12361 Mar. 28,1923
3816
11317
6386
3541
12749
Oct.
Mar.
Aug.
July
May
100,000
500,000
50,000
50,000
17, 750
25,000
2,500
25,000
12,000
25,000
37,350
25,000
34,500
740,000 1, 000,000
25,000
10,500
50,000
104, 750
25,000
55,000
200,000
211,000
50,000
15,000
4,000
10,400
84,750
92,240
61,000
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
40,000
200,000
40,000
200,000
25,000
3,750
25,000
38,500
63,000
64,250
2,614,000
80,259
91,750
Aug. 26,1931
do
-.
Sept. 1,1931
Sept. 3,1931
... do
Sept. 4,1931
do
Sept. 8,1931
do
Sept. 10,1931
do
Sept. 11,1931
do
Sept. 12,1931
Sept. 14,1931
Sept. 16,1931
Sept. 18,1931
Sept. 19,1931
do
25,000
20,000
10,000
25,000
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
700, 000
10,000
24,640
49, 700
150,000
25,000
25,000
34, 860
25,000
700,000
10,000
24, 640
49, 700
150,000
25,000
20,000
25,000
20,000
25,QQ0
50,449
42,000
44,362
94,318
20,000
48,025
50, 226
55,528
48,775
51,826
503, 293
522, 701
612,430
934,493
8,128,016
463,883
87,152
128,328
178,946
119,666
497,746
1
2,840,127
20, 565
52,100
22, 957
145,000
10,500
434,178
175, 767
124,769
83,147
245, 796
130,412
7, 798,942
57,603
551,688
247, 707
2,477,973
103, 765
300,000
42,899
28, 615
48, 501
99,903
42, 770
895. 675
18,356
11,475
38,000
165,225
67,868
40,401
68,710
14,900
189,786
12,938
1,982, 752
120,105
81, 599
106,533
236,354
316,254
7, 623,905
98, 743
59,025
274, 677
1,164, 512
111, 174
389,434
163,379
333,809
1,671,786
202,458
402,500
1,757,118
17,070
136,077
o1
tr
O
to
Co
TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 31, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
N a m e a n d location of b a n k
1684
1685
1686
1687
1688
1690
1691
1692
1693
1694
1895
1696
1697
1698
1699
1700
1701
1702
1704
1705
1707
1708
1709
711
71?
L714
L715
L717
L718
L720
L721
B a n k of Pittsburgh National Association, Pittsburgh, P a
Peoples National Bank, Salem, N . Y 9
_
Farmers National Bank, Trafalgar, Ind.
_.
Inkster National Bank, Inkster, Mich
Rogers Park National Bank, Chicago, 111
_.
Commercial National B a n k & T r u s t 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, P a
First National Bank, Viborg, S. D a k
Ogden National Bank, Chicago, 111
First National Bank, Fort Mills, S. C
Farmers National Bank, N e w Bedford, 111
First National Bank, Bode, Iowa. .
First National Bank, Sisseton, S. D a k .
First National Bank, Hagerstown, M d
First National Bank, Reed City, Mich
Peoples National Bank, Pulaski, N . Y
First National Bank, Unionville, N . Y.fl
First National Bank, Orbisonia, P a
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, Colville, Wash
Peoples National Bank, Point Marion, P a
Planters & Merchants First National Bank,
South Boston, Va
First National Bank, Carterville, 111
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
Failures
Capital
5225 Oct. 3,1899 $1,200,000 $11,520,000 $3,000,000
40,000
3245 June 21,1884
50,000
143,450
25,000
7491 Sept. 27,1904
25,000
40,000
25,000
12878 Dec. 16,1925
25,000
100,000
10305 Dec. 16,1912
50,000
161,500
Receiver
appointed
Sept. 21,1931
Sept. 23,1931
do._
. do _ ,
Sept. 24,1931
5594
6218
8458
9523
12414
10808
12480
9941
11088
10371
5428
1431
4413
10788
11448
8985
1785
12731
1465
6897
7041
3102
8104
9503
Sept. 15,1900
Mar. 14,1902
Nov. 27,1906
July 19,1909
July 16,1923
Dec. 6,1915
Nov. 24,1923
Feb. 21,1911
Oct. 6,1917
Mar. 29,1913
M a y 22,1900
M a y 2,1865
Aug. 26,1890
Sept. 6,1915
J u l y 26,1919
Jan. 2,1908
Nov. 23,1870
Jan. 28,1925
June 26,1865
July 20.1903
Nov. 11,1903
Dec. 20,1883
Feb. 3,1906
June 18,1909
50,000
30,000
25,000
25,000
200,000
40,000
200,000
25,000
25,000
25,000
25,000
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
210,500
88,800
89,537
40, 750
123,000
35,500
67,000
53,800
13,250
12, 750
150,900
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
200,000 Sept. 28,1931
30,000
do
^-_
35,000
do..
25,000
do
200,000
do._
40,000 Oct. 1,1931
200.000 — d o . . . .
40.000
do
25,000 — do .
25.000
do
75,000
do
150,000 Oct. 5,1931
100,000
do
do
50,000
30.000
do
50,000
do
125,000 Oct. 6,1931
50.000
do
200.000
do
100,000
do _>
50,000 Oct. 7,1931
400.000
do
60,000 Oct. 8,1931
50,000
do
8643
7889
Mar. 15,1907
Aug. 10,1905
100,000
50,000
237,750
83,000
125,000
50,000
Oct. 10,1931
do
Lawful
money
deposited
Circulation outstanding
at date
of failure
$34,220
6,070
$34,220
6,070
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$7,647,325
17,936
50,000
50,000
328,178
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
54,635
148,030
50,000
6,250
54,635
148,080
50,000
388,700
32,077
91,510
25,000
50,000
50,319
108,121
83,015
7,000
8,287
54,242
451,318
68,482
112,000
19,000
Total
deposits
at date of
failure
$43,611,807
524,655
84,135
247,338
893,508
23.320
99,520
58,140
49,400
228,538
87,033
120,094
161, 226
10,000
482,691
80,918
44,650
2,720,900
123,704
45,452
476,530
4,007,474
292,267
468,397
214,181
90,100
87,412
254,782
2,317,176
1,1*4, 725
548,207
644,766
477,839
1,219,269
141,119
1,025,009
167,137
238,999
2,299,269
651,861
373,559
97,120
50,000
344,299
62,000
1,366,935
287,441
28,740
28,740
74,280
74,280
23,320
99,520
58,140
49,400
97,120
50,000
3
n
o
o
2
o
National Bank of Payette 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, Fair view, W. Va
First National Bank, Deer Trail, Colo.o
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.»9
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, IowaFirst National Bank, Cowen, W. Va
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,
newaaii, N.
r*. Y
x
First National Bank, Dexter, Mo.9
Exchange National Bank, Pittsburgh, Pa_.
Citizens National Bank, Kokomo, Ind
Commercial National Bank, Eufaula, AlaFirst National Bank, Graceville, Fla
Wilcox National Bank, Wilcox, Pa
Footnotes at end of table.
681
Dec. 19,1864
65,000
1,663,900
500,000
Oct. 12,1931
200,000
200,000
1,107,500
6119
5066
1130
9290
12504
2528
6619
10219
11574
9848
9291
11237
7816
3343
Jan.
May
Apr.
Sept.
Jan.
May
Feb.
June
Dec.
Aug.
June
Aug.
May
May
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
60,000
60,000
150, 000
50,000
50, 000
60,000
30,000
30, 000
25,000
25,000
50,000
25, 000
50,000
50,000
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
25,000
do
do.
150, 000
100, 000
do
50,000
do
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
24,460
148, 320
96,940
48,800
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
26,960
49,338
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
8559
7932
5330
5145
13505
10392
12612
11838
10093
4083
10554
13367
11009
9558
12519
11211
6951
1096
7089
10559
4966
11138
10685
6764
8211
8670
12774
349
11320
1057
4121
5024
7423
12933
Oct.
Sept.
Apr.
Sept.
Dec.
May
Dec.
Aug.
Sept.
July
June
Aug.
May
Aug.
Mar.
July
July
Apr.
Dec.
May
June
Jan.
Dec.
Apr.
May
Apr.
May
Mar.
Mar.
Apr.
Feb.
Sept.
Sept.
May
25,000
50,000
25,000
60, 000
100,000
25,000
25,000
25, 000
25, 000
50,000
25, 000
1,1914
30,000
5,1929
200,000
5,1917
25,000
31,1909
25,000
11,1924
50,000
10,1918
25,000
28,1903
200,000
10,1865
75,000
15.1903
25,000
19, 1914
50,000
21,1894
25,000
16, 1918
25,000
30,1914
25,000
15, 1903
25,000
3, 1906
50,000
24, 1907
50,000
29, 1925
50,000
2,1864
7, 1919 50,000
8, 1865 1,000,000
100,000
22, 1889
70,000
3,1895
25,000
26.1904
25,000
24,1926
44,000
272, 000
130, 500
181,100
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
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
49, 040
122, 737
24,640
60,000
47,180
24, 640
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
27,1906
22,1905
11,1900
3,1898
3,1930
2,1913
10,1924
20,1920
2,1911
91,000
9,000
3,750
79, 800
88, 250
25, 750
168, 000
114, 750
3,750
76,100
180, 500
1, 459, 000
224,000
147,875
19,955
44, 800
102, 250
86, 261
75, 500
12,000
594,000
40. 000
6, 643,250
897,825
422,800
73,625
Oct. 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
do
Oct. 22,1931
do
do
do
do
do
do
Oct. 23,1931
do
_.
do
do
Oct. 27,1931
do
do
74,280
74,280
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
98,320
34,340
20,000
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
5,650
16, 707
93, 718
29,247
26,038
13,009
94,350
36, 926
150,000
55,500
1,697.301
263,858
58,672
10,169
8,931,863
194,857
1,351, 249
€02,789
584, 676
641,322
1, 563,970
333, 548
285, 431
45, 417
397,674
468,1C0
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
89,084
321,573
41,461
231, 514
152,699
118,042
711,721
167,497
2,060,550
294,215
4,264,123
2,966,246
139,309
148,401
243,669
o
K
o1
tr
O
2
o
to
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States tojredeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
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, P a —
First National Bank, New Windsor, Md
Citizens National Bank, Phillippi, 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.
First National Bank, Alliance, Nebr
First National Bank, Somerfield, Pa
Citizens National Bank, Sedalia, Mo
_
First National Bank, Hoquiam, Wash
First National Bank, St. Thomas, N. Dak
First National Bank, Blytheville, Ark
First National Bank, Belle Fourche, S. Dak
First National Bank & Trust Co., Monessen, Pa.j
First National Bank, Logansport, Ind
City National Bank & Trust Co., Corpus Christi,
Tex—
_
_
First National Bank, Sea Isle City, N. J.._.
Second National Bank, Morgantown, W. Va
Phoenix National Bank, Columbia, Tenn
First National Bank, Pharr, Tex
First National Bank, Marceline, Mo
First National Bank, Noble, 111
American National Bank, Dayton, Tenn
Charter
no.
Date
Capita]
Total
dividends
paid during existence as a
national
banking
association
Failures
Lawful
money
deposited
Circulation outstanding
at date
of failure
$300,000
60,000
48,020
25,000
Capital
Receiver
appointed
$300,000
60,000
50,000
50,000
50,000
1,000,000
77,000
50,000
50,000
25,000
175,000
50,000
25,000
Oct. 28,1931
Oct. 29,1931
do
do
do.
do
do
Oct. 30,1931
do
do
Oct. 31,1931
Nov. 2,1931
do
-
$300,000
60,000
48,020
25,000
127
0833
10016
13449
3874
747
6377
3925
7626
1896
12748
13011
Jan.
Oct.
July
Apr.
Apr.
Apr.
Dec.
June
Sept.
Jan.
Sept.
May
Oct.
14,1873
15,1863
2,1910
7,1911
4,1930
9,1888
24,1864
26,1902
10,1888
23,1925
15,1871
8,1925
18,1926
$200,000
50,000
50,000
25,000
50,000
250,000
55,000
40,000
50,000
25,000
50,000
50,000
25,000
$1,299,382
432,400
40,500
45,000
2,000
4,250,000
365,235
136,350
201,000
42,000
628,909
22,500
2,500
13506
4226
8901
1971
4427
4550
11651
6561
5253
3084
Nov.
Dec.
Aug.
Aug.
Sept.
Mar.
Mar.
Dec.
Dec.
Oct.
29,1930
19,1889
10,1907
9,1872
22,1890
7,1891
12,1920
$,1902
14,1899
3,1883
50,000
50,000
25,000
100,000
50,000
50,000
100,000
25,000
50,000
230,000
502,000
39, 750
759,000
1,244,000
49,000
91,000
50,000
236,900
855,200
50,000 ..—do100,000 Nov. 3,1931
25,000 Nov. 5,1931
100,000 Nov. 6,1931
.do.
300,000
do
25,000
do
100,000
25,000 .—.do
do
160,000
250,000 Nov. 11,1931
17,960
49,158
24,160
98,258
294,000
25,000
17,960
49,158
24,160
98,258
294,000
25,000
6,320
143, 760
246,340
6,320
143,760
246, 340
7668
12279
2458
7870
10169
7066
9527
7579
Mar.
Oct.
Feb.
Aug.
Mar.
Nov.
July
Jan.
18,1905
26,1922
11,1880
8,1905
21,1912
19,1903
19,1909
8,1901
50,000
25,000
60,000
200,000
25,000
25,000
25,000
25,000
261,350
20,500
405,500
431,500
17,500
143, 750
17,875
180,000
do
200,000
50,000 .....do
do
100,000
do
200,000
50,000 Nov. 12,1931
25,000 Nov. 13,1931
25,000 N o v . 14,1931
do
25,000
230,440
23,380
77,780
120, 560
24,160
14,820
24, 700
23,920
230,440
23,380
77, 780
120, 560
24,160
14,820
24, 700
23,920
2093
386,860
53,440
39, 400
48, 740
24,460
175,000
386,860
53,440
39,400
48, 740
24,460
175,000
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$1,022,100
5,606
69,000
116,500
4,784,500
12,490
134,484
55,000
5,000
104,891
123, 821
20,000
B
Total
deposits
at date of
failure
$4,487,975
207,666
399,048
421,713
560,349
8,857,684
465,232
651,330
499, S75
1,387,452
70,141
125,400
579,106
15,200
93,200
31,592
29,000
26,684
167,408
87,980
364,474
1,623,327
210, 795
1,925,817
1,800,002
174,052
166,331
503,421
2,401,668
4,901,206
407, 638
52,183
446,876
198, 776
35,008
29,500
34,100
139,560
1,272,890
280,248
1,944,326
433,137
161,265
248,829
151, 753
456,719
s
O
O
o
1
i
First National Bank of Ouster 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.i 9 1
Second National Bank, Brownsville, Pa.
First National Bank, Houtzdale, Pa
First National Bank, Corinth, Miss
Second National Bank in Youngstown, Ohio *•..
Norfolk National Bank, Norfolk, Nebr
First National Bank, Brighton, Colo.»
First National Bank & Trust Co., Woodbridge,
N.J
..I.
First National Bank, Zillah, Wash
First National Bank, Stanford, Mont
Twin Falls National Bank, Twin Falls, Idaho-.
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, Pa
Peoples National Bank, Lodi, Ohio
Citizens National Bank, Ellwood City, Pa
First National Bank, Geneva, Ohio
First National Bank, Washington, N. C
First National Bank, Chaffee, Mo
Nogales National Bank, Nogales, Ariz
First National Bank in Aberdeen, Wash
First National Bank, Twin Falls, Idaho
West Point National Bank, West Point, Nebr-.
First National Bank, Dougherty, Iowa
First National Bank, Sweetwater, Tex
First National Bank, Mullins, S. C
Federal National Bank, Boston, Mass
_
First National Bank, Starkweather, N. Dak.*»..
First National Bank, Momence, 111--First National Bank, Warsaw, N. C.»
Gillespie National Bank, Gillespie, 111First National Bank, Mound City, I11A
Commercial National Bank, Raleigh, N. C
First National Bank, Victorville, Calif.
First National Bank, Chardon, Ohio 1
Macksburg National Bank, Macksburg, Iowa J_.
Boston-Continental National Bank, Boston, Mass.
First National Bank, Louisburg, N. C_._
First National Bank, Brushton, N. Y.»
First National Bank, Venice, CalifFootnotes at end£of table..
4448
6454
8491
9217
2486
2673
6695
9094
12332
3347
7577
Sept.
Sept.
Dec.
Aug.
June
Apr.
Mar.
Feb.
Feb.
May
Dec.
27,1890
12,1902
10,1906
3,1908
26,1880
11,1882
21,1903
27,1908
28,1923
13,1885
31,1904 ;
8299 June 12,1906 i
9576 Sept. 30,1909
10625 Aug. 18,1914
11274 Oct. 28,1918
9638 Oct. 13,1909
13553 June 5,1931
7673 Feb. 28,1905
8260 May 12,1906
6485 Oct. 10,1902
13224
5204
10677
11570
153
4997
9928
11012
11751
7608
3340
5576
5781
9876
12336
6397
7079
11767
7903
7443
9067
11005
4671
6852
11903
7554
9643
10233
July
Apr.
Nov.
Dec.
June
Apr.
Jan.
May
May
Jan.
May
July
Apr.
Sept.
Mar.
May
Dec.
June
July
Sept.
Feb.
May
Dec.
May
Dec.
Jan.
Oct.
Jan.
24,1928
8,1899
12,1914
19,1919
6,1863
11,1895
19,1911
15,1917
22,1920
14,1905
9,1885
30,1900
11,1901
19,1910
19,1923
19,1902
14,1903
21,1920
24,1905
15,1904
15,1908
1,1917
14,1891
13,1902
21,1920
6,1905
20,1909
3,1912
50,000
25,000
25,000
50,000 ;
ioo, ooo:
56,000
50,000
ioo, ooo
200,000
60,000
25,000 :
25,000
25,000 i
35,000 :
150,000 I
25,000
400,000
25,000 i
25,000
25,000
200,000
50,000
50,000
100,000
60,000
50,000 •
25,000
50,000
100,000
25,000
50, ooo;
25, 000
25, 000
25,000
1,500, 000
25, 000
50,000
50,000
50,000
25, 000
100,000
25,000
50,000
25. 000
200,000
25,000
25,000
50,000
27,500
39,750
46, 250
112,250
493, 770
379, 675
329, 500
206,000
54,000
406,000
125,250
93,097
56,000
37,100
4,500
25,250
98,000
196,296
57,100
30,000
247,000
43, 500
59,000
229,000
269, 500
80, 250
47,000
54.500
241,000
293,000
45,750
168, 250
40,000
410, 081
48,000
106,500
16,500
102, 000
49,000
770,000
14, 750
205,000
19, 000
152, 750
62,500
33, 750
7,359
25,000
25,000
25,000
50,000
250,000
125,000
125,000
100,000
200,000
100,000
40,000
Nov. 17,1931
do_
do
doNov. 30,1931
do
.
do
do
do
Dec. 2,1931
do
;
do
ISO, 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
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
75, 000
25,000
600,000
25,000
100, 000
25, 000
1,000,000
50,000
25,000
50,000
Dec.
do
do
8,1931
do—
9,1931
11,1931
do
.'
do
J
do
Dec. 12,1931
Dec. 14,1931
do
J
do
Dec.
Dec.
do-
Dec.
Dec.
15,1931
17,1931
do
do
Dec. 19,1931
do__
do_
do
Dec. 22,1931
do
..
Dec.
do_
...
do
_.
23,1931
10,000
24, 700
20,000
110,520
10,000
24,700
20. 000
110,520
12, 700
33,980
38,720
100,000
24,220
12, 700
33,980
38, 720
100, 000
24,220
10,944
44,302
73, 635
24,465
160,000
130,104
150,000
299,058
202,835
42, 798
50,000
100,000
6, 250 i
100,000
6, 250
200,000
35, 055
*49,280 i
17, 500 ]
246,100
24,998
58, 200
25,000
49,280 .
17, 500 !
246,100 ;
24,998
58, 200
25,000
484, 213
40,000
46,500
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, 860
97, 660
49,998
12, 500
49,998
12, 500
24, 400
1, 500, 000
6,500
24,760
24, 400
1, 500, 000
6,500
24, 760
75, 000
10,000
171, 000
24,640
75,000
10, 000
171, 000
24, 640
894, 520
49,460
23, 620
15,000
894,520
49, 460
23, 620
15,000
56,032
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
20,041
55,000
12,519
181,817
19,840
1,098, 741
45.155
50,000
19,099
1,145,060
20,666
28,000
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
368,881
466,999
597,358
693,076
491,828
255, 718
410,584
1,452, 512
907,985
646,287
190,940
588,864
177,284
24, 452,825
54,443
489,*703
34,047
1,130,403
121,418
3,653,385
236,213
5,489,940
228,621
792,437
223,113
1
g
3
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1§8$, daies* of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
Charter
no.
ISfifi
1867
1868
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
L889
L890
1891
1892
1893
L896
1897
L898
First. National Bank, Idaho Springs, Colo.
State National Bank in Lynn, Mass
First National Bank, Kingston, Tenn
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,
Ill.i •
Itasca National Bank, Itasca, Tex
First National Bank, Cambridge, Ill.i
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.9__
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
Bishopvllle National Bank, Bishopville, S. C
First National Bank, Yorba Linda, Calif
First National Bank, Ozark, Ark
Hammond National Bank & Trust Co., Hammond, Tnd
First National Bank in Decatur^Ala
First National Bank in Hazard, Ky
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
Failures
Capital
Receiver
appointed
2962
12362
12319
6308
8639
May
Apr.
Nov.
June
Feb.
19,1883
16,1923
28,1922
12,1902
1,1907
$50,000
200,000
25,000
200,000
25,000
$292. 500
65,000
7,500
408,000
122,000
$50.000
200,000
25.000
200,000
100,000
Dec. 23,1931
do
Dec. 24,1931
do
Dec. 29,1931
10143
5640
9061
9206
10623
13495
Feb.
Nov.
Dec.
July
Sept.
Sept.
5,1912
22,1900
23,1907
14,1908
19,1914
2,1930
100,000
25,000
30,000
25,000
25,000
25,000
339,000
23,750
56,100
70,000
31,250
200,000
25.000
30,000
25,000
25,000
25,000
do
Dec. 30,1931
do
do
do.
do
12926
5749
2540
8797
5402
Apr.
Mar.
June
June
May
23,1926
15,1901
17,1881
27,1907
2,1900
50,000
30.000
50,000
25,000
25,000
5,000
155,400
247,145
24,750
50,850
50,000
60,000
50,000
25,000
40,000
10421
11456
12572
12633
12772
12799
13009
13270
10872
10905
12985
July
Aug.
Aug.
Jan.
June
June
Nov.
Dec.
May
Aug.
Aug.
2,1913
30,1919
6,1924
29,1925
13,1925
26,1925
8,1926
31,1928
16,1916
15,1916
23,1926
50,000
25,000
50,000
25,000
60,000
100,000
50,000
250,000
75,000
25,000
25,000
164,500
150,000
25,000
100,000
25,000
50,000
100,000
50,000
250,000
75,000
25,000
25,000
do_
Jan. 12,1932
do
Jan. 13,1932
8199
10336
13248
Apr. 2,1906
F e b . 2,1913
Oct. 10,1928
100,000
100,000
100,000
361,096
262,000
400,000
200,000
100,000
Jan. 18,1932
do
do
79,500
14,000
50,000
18,750
16,250
1,500
Dec.
Jan.
Jan.
Jan.
Jan.
31,1931
2,1932
8,1932
9,1932
11,1932
lawful
money
deposited
Circulation outstanding
at date
of failure
$12,080
196,100
24,280
12,080
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
6,070
11,010
6,070
11,010
48,620
48, 620
384,460
200,000
384,460
200,000
do
do .
do._
do
do
do
do._
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
Total
deposits
at date of
failure^
$44,700
122,336
16,056
311,773
14,000
$137,336
2,061,948
67,022
1,009, 200
432,657
420,500
21,730
44,000
138,500
82, 735
10,350
1,692, 239
173, 275
630,864
379, 498
150, 444
152,991
99,000
56, 776
196,991
42,888
58,508
138, 533
105,405
90,906
371,109
25,000
99, 265
21,474
35, 952
170, 989
5,960
324, 532
46, 689
24,845
19,261
384,648
39,117
1,123, 550
42,481
84,313
820, 272
152, 670
1,196, 262
232, 987
137,405
90, 211
369,483
326,033
25,300
2, 569, 503
760. 770
625,344
s
o
o
I
Farmers National Bank, Granville, N. Y
First National Bank, Osnabrock, N. Dak
National Bank of Sabetha, Sabetha, Kans
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. Y9
First National Bank, Harlem, Mont.
...
National Bank of Adrian, Adrian, Mo
First National Bank, Woodward, Okla
Germantqwn National Bank, Gerraantown, N. Y
First National Bank, Iowa City, Iowa
First National Bank, Culver City, CalifNational Bank of Rensselaer, Rensselaer, N. Y_
Griggsville National Bank, Grig^sville, 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.1
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
loast National Bank, Seaside Heights, N. J
'oint Pleasant Beach National Bank & Trust
Co., Point Pleasant Beach, N. J
Olympia National Bank, Olympia, Wash
_
First Willapa Harbor National Bank, Raymond,
Wash
ikesville National Bank, Pikesville, Md
outh Gate National Bank, South Gate ,Calif.__
Footnotes at end of table.
20,1884
7,1904
28,1891
3,1872
6,1879
20,1901
6,1902
2,1930
50,000
25,000
60,000
100,000
50,000
100,000
100, 000
50,000
8426
291
2589
5486
7215
9396
1692
8667
13168
8509
9398
11934
Nov. 7,1930
Oct. 13,1902
May 2,189.
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
Dee. 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
Mar. 11.1907
Jan. 12,1928
Dec. 31,1906
Apr. 1,1909
Jan. 25,1921
50,000
25,000
50,000
25,000
25,000
25,000
50,000
100,000
25,000
100,000
50,000
30,000
50,000
25,000
25,000
50,000
50,000
50,000
25,000
300,000
50,000
50,000
25,000
25,000
100,000
50,000
150,000
50,000
50,000
25,000
12667
12343
9201
12354
Dec.
Mar.
June
Mar.
27,1924
30,1923
6,1908
17,1923
200,000
200,000
50,000
25,000
13215
5652
May 1,1928
Nov. 10,1900
11672 Mar. 23,1920
8867 July 23,1907
12807 Aug. 3,1925
3154
7234
4626
2016
2417
6038
6215
13452
13503
6479
4998
7644
12413
5575
12242
18
11732
12773
2116
5534
8508
5673
5403
2287
Mar.
Apr.
Aug.
July
Mar.
Nov.
Mar.
Apr.
100,000
25,000
60,000
150,000
100,000
150,000
150,000
50.000
do
do
do
Jan. 20,1932
do
. . do
do
do
97,540
24,815
59, 280
114,100
97,540
24,815
59, 280
114,100
98, 435
48, 380
98,435
48,380
50,000
35,000
200,000
26,000
25,000
50,000
50,000
100,000
100,000
100,000
50,000
100,000
50,000
00,000
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
do
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
48, 6S0
19,460
49,280
6,010
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
9i;, 980
24,640
86, 540
48,800
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
48,800
49, 280
23,980
15,000
49, 280
23,980
15,000
103,000
120,000
200,000
200,000
50,000
25,000
....do.
Feb. 3,1932
... do
—
. do
191,960
176,960
100, 000
50,000
313,500
100,000
125,000
.. do
do
100,000
25, 000
50,000
54,000
49,200
2,000
100.000
40,000
50,000
....do
Feb. 6,1932
....do
250,700
65, 250
279,300
825, 500
444, 500
437,000
337,000
121,100
400,500
73, 750
111, 350
4, 500
457,000
17,750
10,000
314, 500
179,000
&6,000
95, 500
162,025
543,500
151, 500
204,000
582, 500
2, 408, 500
213,000
249,063
127, 250
50,250
1,133, 400
118, 250
36,000
76,000
85, 250
16,500
—do
... do
Jan. 29,1932
Feb. 1,1932
. do
do
Feb. 2,1932
do
_
389, 315
243, 602
171,928
419, 600
54, 745
50,647
82,937
56,000
30, 633
5% 079
163,075
197, 692
30,000
159,904
24,95D
138, 715
45, 318
104, 248
34i>, 139
75,000
285, 600
20,000
875,000
504,192
70,136
161,300
24, 560
31,800
352,866
112,970
304,652
1,173, 449
94,147
503,713
1,284,871
1, 382. 759
1,4.8,736
653, 645
419,379
425, 207
1, f,55,411
3,190,726
173,041
43, 671
402,464
295, 459
880,545
814.166
872,922
220,646
455,690
96,108
456, 625
1,429,061
961,039
940, 379
620,019
2,703, 458
20,434
33,191
331,989
591, 789
464,452
141,978
1,049,518
879,016
1,046,755
281,040
112, 748
128,593
191,960
176,960
125,865
114, 210
43,002
91,999
975, 755
4,842,072
479, 662
202,108
94,900
94,900
230, 274
130, 780
228,721
1,828, 063
48,860
6,250
48,860
6,250
60, 250
75,000
35,000
957,619
853,133
440,249
8
O
O
o
Or
CD
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
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, Ind.
First National Bank, Brockway, Pa.1 1
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
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.4 •
Pioneer National Bank, Waterloo, Iowa
Burnet National Bank, Burnet, Tex. 4 •._
..
John Weedman National Bank, Farmer City, IllFirst 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
Charter
no.
6345
7228
6603
12061
12183
4520
4568
11094
1263
5497
13506
1816
1177
5086
4392
6469
10614
3463
5447
10702
12819
10558
10560
5120
6966
3407
6586
11209
5705
7908
3763
262
5848
11892
Date
June
Apr.
Jan.
Nov
Apr.
Oct.
Mar.
Dec.
May
June
July
Mar.
Feb.
July
July
Oct.
Sept.
Feb.
June
Jan.
Aug.
May
June
Apr.
Sept.
Oct.
Jan.
Jan.
Jan.
Aug.
July
Nov.
May
Dec.
May
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
8,1886
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
Capital
$100,000
25,000
30,000
25,000
25,000
100,000
50,000
100,000
65,000
35,000
65,000
100,000
65,000
50,000
100,000
50,000
325.000
50,000
25,000
25,000
300,000
25,000
25,000
100,000
25,000
50,000
50,000
25,000
50,000
25,000
50,000
50,000
25,000
75,000
50,000
Total
dividends
paid during existence as a
national
banking
association
Failures
Capital
Receiver
appointed
$223,500 $100,000 Feb. 6,1932
132.930
50,000 Feb. 8,1932
30,000 Feb. 9,1932
95,400
.do.
25,000
22,000
25,000 . . . . d o
6,000
1,084, 500
700,000 Feb. 10,1932
do
1,402,000 1,000,000
127,500
150,000 .....do
862, 750
100,000
do
144,800
35,000 Feb. 11,1932
65,000
do.
2,044,000
750,000 Feb. 12,1932
762 856
100,000
do
234,500
100,000
.do.
267,500
100,000 Feb. 15,1932
205,000
100,000 Feb. 16,1932
461, 500
325,000 Feb. 17,1932
do.
356,785
100,000
92,911
..do.
25,000
15,500
_do.
25,000
_do.
300,000
31,000
25,000 Feb. 18,1932
29, 250
do
25,000
692,900
200,000
do._
75,900
30,000
do
75,000 Feb. 19,1932
363,320
50,000
116,000
25,000 .....do
2,750
50,000 Feb. 20,1932
166,300
25,000 Feb. 23, 1932
23,000
50,000 Feb. 26,1932
248,500
1,179, 723
300,000 Feb. 27,1932
100,000 M a r . 2,1932
226,125
18,000
75,000
do
18,900
30,000
do
Lawful
money
deposited
Circulation outstanding
at date
of failure
$97,780
23,920
29, 397
25,000
25,000
97,180
474,140
93, 220
69,280
$97,780
23,920
29,397
25,000
25,000
97,180
474,140
93, 220
69, 280
199,980
48.800
12,320
100.000
100,000
177,320
96, 337
23,980
199,980
48,800
12,320
100, 000
100,000
177,320
96, 337
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
12, 200
98,080
23,860
23.800
28,860
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$192,110
67,419
70,815
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
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
Total
deposits
at date of
failure
$578,054
148,271
625,303
411, 215
259, 249
3, 512,518
3,892,564
882,274
496,588
4,450,746
438,364
696,739
472,862
612,864
1,538,103
1,425,067
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
to
o
3
3
a
o
i
i
3
a
4
First National Bank, Bardwell, Ky
First National Bank, Hamilton, 111 8
First National Bank, Arlington, Ga.
First National Bank, Hartwell, Ga 1
City National Bank, Knoxville, 1Tenn.
First National Bank, Alexis, 111.
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, Tex
Merchants National Bank, Defiance, Ohio l
First National Bank, Defiance, Ohio *
First National Bank, Fairfax, Okla._
First National Bank, Glasgow, Ky
Forest City National Bank, Rockford, 111
First National Bank, Highland, Kans
First National Bank, Albion, 111.1 1
Albion National Bank, Albion, 111. ..
Bayard National Bank, Bayard, W. Va
First National Bank in Driggs, Idaho.
First National Bank, Lafayette, Colo. 9 Citizens National Bank & Trust Co., Hornell,
N. Y
National City Bank, Tampa, Fla.1
Douglass National Bank of Chicago, Chicago, 111..
United States National Bank, La Grande, Oreg.1.
First National Bank, South Glens Falls, N. Y...
Hancock National Bank, Sparta, Ga
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, CalifNational Bank of Rolla, Holla, Mo
-.
First National Bank, Jay ton, Tex
Washington National Bank, New York, N. Y . ~
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, IllFootnotes at end of table.
8331
9883
8314
11695
3837
4967
12532
May
Oct.
July
Mar.
Jan.
May
Feb.
19,1906
10,1910
16,1906
17,1920
12,1888
18,1894
28,1924
25,000
50,000
30,000
50,000
100,000
50,000
80,000
90,750
49,750
38,700
28,000
1,845,000
96,750
6,400
25,000
50,000
30,000
75,000
1,000,000
50,000
80,000
Mar. 4,1932
do
Mar. 8,1932
do
Mar. 9,1932
Mar. 15,1932
Mar. 16,1932
11561
5587
11884
5292
7002
2516
4661
7972
4819
4325
9136
8429
9025
11664
13267
8909
Dec. 19,1919
Sept. 18,1900
Nov. 12,1920
Apr. 3,1900
Oct. 1,1903
Apr. 7,1881
Nov. 11,1891
Oct. 27,1905
Nov. 5,1892
Apr. 8,1890
Apr. 11,1908
Oct. 17,1906
Sept. 11,1907
Feb. 23,1920
Dec. 21,1928
Sept. 21,1907
25,000
25,000
25,000
25,000
100,000
100,000
150,000
25,000
50,000
100,000
25,000
50,000
25,000
25,000
25,000
25,000
1,500
206,250
10,000
123,375
655,000
244,000
376,125
114,375
186, 500
774,000
48,200
2,000
99,250
2,500
6,000
25,000
50,000
25,000
25,000
250,000
100,000
100,000
25,000
50,000
300,000
25,000
50,000
50,000
25,000
25,000
25,000
Mar. 18,1932
do
Mar. 19,1932
Mar. 25,1932
Mar. 28,1932
Apr. 11,1932
do
Apr. 12,1932
Apr. 15,1932
Apr. 19,1932
Apr. 26,1932
Apr. 27,1932
do
Apr. 28,1932
May 3,1932
May 9,1932
2522 Mar. 12,1881
10958 Feb. 21,1917
12227 Nov. 4,1921
9314 Dec. 9,1908
5851 Apr. 24,1901
12317 Feb. 2,1923
125,000
300,000
200,000
100,000
25,000
25,000
385,584
488,000
39,000
672,400
62,000
14,500
125,000
500,000
250,000
100,000
25,000
25, 000
May 10,1932
May 20,1932
May 21,1932
May 23,1932
May 24,1932
__ do
11929
9432
4528
8186
9509
11140
11461
1865
9845
13360
6270
6998
3204
12430
1615
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
M a y 23,1929
Mar. 20,1902
Sept. 1,1903
Apr. 9,1884
Aug. 7,1923
Nov. 21,1865
100,000
60,000
50, 000
25,000
25,000
300,000
30,000
100, 000
40,000
500,000
25, 000
25,000
150, 000
40,000
100,000
58,500
104,000
259,900
32, 750
51, 000
339,000
457,725
293,350
64,000
53,500
53, 250
465,000
23,200
966,000
100,000
100,000
60,000
25,000
50,000
300,000
450, 000
50, 000
40, 000
500,000
25,000
SO,000
150, 000
40, 000
200,000
doMay 25,1932
June 1,1932
do
June 2,1932
June 3,1932
June 7,1932
June 8,1932
do
June 10,1932
._ do
do
June 11,1932
do
.
do .
9912
10976
12001
Nov. 17,1910
Mar. 6,1917
July 22,1921
200,000
25,000
200, 000
1,472,582
52, 000
153, 500
do
2,800,000
50,000 June 14,1932
200,000 June 15,1932
23,440
49,580
9,460
23,440
49,580
9,460
309,400
309,400
75,440
75,440
24, 700
24,700
24,700
249,997
24,700
249,997
11,960
50,000
198,620
6,250
11,960
50,000
198,620
6, 250
25,000
25,000
24,520
24,520
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
75,666
180,000
39,227
140,814
151,226
29,554
62,028
17,000
98,315
98,315
238, 540
238,540
25, 000
25,000
25,000
25,000
100,000
96,160
49,820
25, 000
6,250
100, 000
96,160
49,820
25, 000
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
27,000
66,780
261,186
48,550
236,900
1,026, 600
1, 026, 600
147, 720
147,720
5, 703,466
297,448
782,826
6,250
229,720
197,228
79,989
100,312
434,087
112,675
340,758
81,797
300,484
2,786,273
266,849
292,506
2,005,242
96, 520
144,340
84,525
111, 560
976,609
525,900
109,683
50,000
29,400
74, 729
1,518,460
94,455
150, 726
129,131
66, 261
108, 947
300,000
1,011,964
148,174
62,942
463,480
381,689
231, 343
97, 201
404, 956
419,689
224,313
428,557
148,523
5,197,831
505,612
117,600
49,533
366,351
357,803
1,366,833
250,030
1, 032,681
7,946,632
688,242
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
First National Bank, Arlington, Nebr
First National Bank, Wbitesburg, Ky
First National Bank, Etowah, Tenn
BowmanvUle National Bank of Chicago, Chicago,
111
First National Bank, Oneida, 111Boonville 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, IowaJackson Park National Bank of Chicago, Chicago,
Standard National Bankof Chicago^ Chicago, I1L
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, IllSouth Ashland National Bank of Chicago,
Chicago, 111Peoples National Bank & Trust Co. of Chicago,
Chicago. Ill—
First National Bank, Maquoketa, Iowa
First National Bank, Thompson, Iowa
First National Bank, Gardener, 111
Total
dividends
paid during existence as a
national
banking
association
Failures
Lawful
money
deposited
Circulation outstanding
at date
ot failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$24,997
50,000
49,580
$24,997
50,000
49, 580
$30,221
56,350
155,297
$86,685
499,860
380,606
35,000
24, 760
175,000
50,000
35,000
24, 760
175,000
50,000
605,117
27,487
255,392
132,951
1,668,737
95,768
673,634
413,811
523,530
Total
deposits
at date of
failure
Charter
no.
Date
4583
10433
9162
May 26,1891
July 14,1913
Feb. 27,1908
$50,000
25,000
25,000
$44,000
105,500
72,500
$25,000 June 17,1932
50,000 ..—do
50,000 June 21,1932
10237 July 25,1912
10752 June 5,1915
10915 Oct. 24,1916
11594 Jan. 30,1920
50,000
35,000
75,000
50,000
314,500
30,450
131,250
66,000
300,000
35,000
200,000
50,000
do
do
do
do
12426 July 31,1923
100,000
175,000
.do.,
167,626
July
6,1927
25,000
6,250
25,000
.do..
92,200
212,519
3818
Oct. 17,1887
100,000
852,000
100,000
.do-
10108
10243
Oct. 5,1911
Aug. 9,1912
50,000
25,000
289,500
40,750
300,000 June 25,1932
do
25,000
12391 May 25,1923
13372 Aug. 26,1929
10215 Apr. 30,1912
10828 Feb. 3,1916
200,000
300,000
50,000
50,000
108,500
119,500
11980 May 5,1921
794 Jan. 2,1865
11130 Jan. 7,1918
13036 Jan. 18,1927
300,000
100,000
100,000
200,000
13253
Nov. 2,1928
200,000
13311
999
5054
9406
Apr.
Feb.
Dec.
Apr.
13114
Capital
2,1929 1,000.000
50,000
20,1865
50,000
21,1896
25,000
21,1909
32,000
Capital
200,000
300,000
200,000
150,000
Receiver
appointed
_do_.
.do..
.do.,
.do..
114,000
706,788
33,000
300,000
do
100,000 June 27,1932
100,000
do
250,000
..do
492,000
414,250
208,500
39,750
do
1,000,000
50,000 June 28,1932
50,000
do
25,000
do
200,000
99,100
99,100
187,100
1,188,300
74,400
7,000
74,400
7,000
632,314
6,132
1,141,839
77,414
100,000
100,000
336,694
30,000
21,939
57,560
736,519
232,536
507,939
895,084
99,700
100,000
99,700
100,000
407,760
177,234
55,840
192,679
1,344,928
762,539
376,468
439,793
20,000
94,732
27,320
49,340
24,760
2,061,344
166,119
59,897
54,431
3,729,097
523,112
146,345
130,878
do
27,320
49,340
24,760
^
^
West Hollywood First National Bank, West
Hollywood, Calif
Guernsey National Bank, Cambridge, Ohio *
First National Bank, Willoughby/ Ohio 1
First National Bank, Spartan burg, 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
First National Bank, Burns, Oreg
._
State National Bank, Iowa Falls, Iowa
-Pulaski National Bank, Pulaski, 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, 1Pa
First National Bank, Enterprise, Ala.
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, Thoraasville, 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. I1L._.
Buchanan County National Bank, Independence,
Iowa
._
First 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, Gulfport, Miss.1
First National Bank, Eldora, Iowa
First National Bank, Ackley, Iowa..
First National Bank, Milton, N. 1Dak.4»....
First National Bank, Aurora, 111.
_
First National Bank, Mount Olive, 111.1
Footnotes at end of table.
11025 June 21,1917
1942 Jan. 16,1872
11994 Apr. 26,1921
1848 June 5,1871
25,000
100,000
100,000
60,000
69,625
241,000
36,500
1,548,800
Aug.
May
Aug.
Nov.
June
Apr.
Feb.
Dec.
July
1,1928
6,1903
26,1924
23,1928
19,1919
6,1923
26,1929
30,1929
28,1931
500,000
25,000
25,000
75,000
25,000
50,000
100,000
25,000
200,000
240,000
91, 277
5876 June 11.1901
6295 May 31.1902
7521 Aug. 20,1904
1496 July 3,1865
10062 June 29,1911
1172 May 9,1865
2327 Jan. 31,1876
50,000
25,000
50,000
50,000
50,000
100,000
100,000
5392 May
2910 Mar.
4836 Dec.
6319 June
Jan.
Dec.
10129 Jan.
8052 Jan.
3767 July
7451 Oct.
12042 Nov.
7563 Nov.
9715 Mar.
7864 July
13235
6792
12584
13263
11407
12386
13287
13413
13655
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
13188 Mar. 15,1928
13400 Nov. 8,1929
8059 Jan. 11,1906
8373 Aug. 20.1906
3471 Mar. 9,1886
6188 Feb. 1,1902
5140 Aug. 22,1898
8762 May 30.1907
6518 Oct. 25,1902
38 June 20,1863
7350 July 15, J 904
do
75,000
50,000 June 29,1932
do—
100,000
500,000 June 30,1932
600,000
40,000
25,000
75,000
25,000
50,000
100,000
25,000
200,000
July
July
256,500
130,000
156,500
276,375
158,250
1,058,000
1,300,000
200,000
50,000
50,000
75,000
75,000
150,000
500,000
July 7,1932
do
_do
July 11,1932
July 12,1932
July 14,1932
do
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
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
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
July 15,1932
July 18,1932
-do—
125,000
50,000
25,000
50,000
50,000
100,000
50,000
50,000
25.000
50,000
25,000
72,075
77,750
793, 500
595, 750
265,000
116,000
38. 250
1,370, 925
115,200
125,000 .... do....
50,000
do
30,000 Aug. 8,1932
50,000
do
375,000 Aug. 9,1932
do
400,000
50,000 Aug. 10,1932
50.000
do.
25,000 Aug. 11,1932
300,000 Aug. 12,1932
do
70,000
6,000
18,000
6,250
1,1932
2,1932
299,997
299, 997
25,000
25,000
25,000
49,280
25,000
49,280
198,200
198,200
50,000
50,000
49,460
50,000
50,000
49,460
72,600
149,100
49,700
72,600
149,100
49,700
97, 660
97,660
197,600
197,600
25,000
24,700
25,000
24,700
6,500
48,860
48,077
6,500
48,860
48,077
34, 280
34, 280
49,100
29,520
49,700
248,080
49,100
29,520
49,700
248,080
35, 720
24, 820
35, 720
24, 820
-do.—
do
July 6,1932
do
.do
do
do-
do
.do
do
July 21,1932
July 22,1932
July 27,1932
do
do
July 28,1932
July 30,1932
Aug. 1,1932
41,800
51, 604
1,073,390
989,617
2,023,106
729,450
81,400
63,962
119,322
12,800
46,288
66,486
105,609
299,558
3,133,265
302,752
177,823
584,961
119,415
227,890
145,041
462, 294
2,602,460
325,879
148,699
30,155
222,000
64,395
298,520
921,350
912,123
128,123
385,585
1,480, 573
217, 587
1,054, 436
3, 495, 517
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
1,165,325
4, 531,689
556,907
233,515
48,796
82,396
35,610
181,149
2,319,135
48,300
93,200
21.026
555,000
199,841
795,312
155, 510
283,692
197,957
2,365,834
182,866
400,948
137, 718
1,674
669, 769
208,857
326,850
i
8
I
E
425,243
588, 424
221,886
371,924
376, 739
50,375
o
to
CO
TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1935, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
2119
2120
2121
2122
2123
2124
2125
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
2153
First National Bank & Trust Co. in Pontiac,
Mich.*
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, Marengo, 111
_
Broadway National Bank of Chicago, Chicago,
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
12288 Dec. 15,1922
13268 Dec. 12,1928
12440 Sept. 1,1923
11106 Nov. 21,1917
1811 Nov. 15,1870
5385 May 4,1900
7782 May 13,1905
1870 Aug. 8,1871
$200,000
40,000
60,000
35,000
50,000
25,000
25,000
50,000
$446,000
12323 Nov. 25,1922
nu National Bank, Indiana, Pa
7993 Nov. 27,1905
Citizens
11556 Oct. 11,1919
Parma National Bank, Parma, Idaho.
First National Bank, Northboro, Iowa
_ 9015 Jan. 17,1908
12808 Aug. 8,1925
First National Bank Yukon Pa
2010 June 22,1872
Ashland National Bank, Ashland", Ky.i •
12314 Feb. 2,1923
American National Bank, Gillespie, Tll.i
:
13031 Jan. 12,1927
Springflled National Bank, Springfield, Pa
10704 Nov. 21,1914
First National Bank, Cairnbrook, P a . . .
10898 Aug. 19,1916
First National Bank, Wendell, Minn.*»
11523 Oct. 27,1919
First National Bank Peetz Colo
3255 Sept. 23,1884
First National Bank, Emporium, Pa
First National Bank, Frazee, Minn
* 7024 Oct. 2,1903
First National Bank, Letcher, S. Dak_
9188: May 25,1908
Central National Bank, Decatur, Ala.*
10423 July 10,1913
Brown National Bank, Jackson, Minn
.
7797 May 17,1905
Citizens National Bank, Wessington, S. Dak.* ». 12888 Feb. 8,1926
First National Bank, Vincennes, Ind
1873 July 15,1871
Andalusia National Bank, Andalusia, A l a . .
11955 Apr. 9,1921
Liberty National Bank, Dickson City, Pa
12459 Oct. 24,1923
First National Bank, Lewisville, Ind
5526 June 7,1900
First National Bank, Mazon, 111
10186 Apr. 16,1912
First National Bank, Egan, S. Dak
7252 Apr. 23,1904
First National Bank, Story City, Iowa__
9017 Jan. 15,1908,
First National Bank, Gormania, W. Va. 1 ..
8751 Apr. 11,1907
200,000
50,000
25,000
25,000
30,000
300,000
50,000
50,000
25,000
25,000
25,000
50,000
25,000
25,000
100,000
40,000
30,000
100,000
200,000
100,000
25,000
35,000
25,000
25,000
25,000
67,000
28,750
11,500
88,250
600
1,788,100
35,000
22,200
38,500
272,000
23,750
338,000
395,000
12,500
3,750
428,000
96,700
48,750
154,500
50,398
672,000
128,000
18,000
81,475
110,000
47,250
166,750
34,000
Failures
Capital
Receiver
appointed
$600,000
40,000
60,000
35,000
50,000
100,000
50,000
50,000
Aug. 12,1832
Aug. 13,1932
.do
Aug. 15,1932
Aug. 20,1932
Aug. 22,1932
do
Aug. 29,1932
200,000 Sept. 7,1932
50,000 Sept. 12,1932
25,000
do —
25,000 Sept. 16,1932
30,000 Sept. 20,1932
800,000 Sept. 22,1932
50,000
do
50,000
do
..
25,000 Sept. 23,1932
do
50,000
25,000 Sept. 24,1932
do
200,000
30,000 Sept. 26,1932
25,000 Sept. 27,1932
200,000 Oct. 1,1932
40,000 Oct. 3,1932
do
30,000
200,000 . . . . . d o
200,000 Oct. 5,1932
100,000 Oct. 6,1932
35,000 Oct. 8,1932
50,000
do——...
25,000 Oct. 10,1932
75,000
do
25,000 Oct. 11,1932
Lawful
money
deposited
Circulation outstanding
at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$373,180
39,700
50,000
49,100
12,500
$5,353,850
19,000
41,180
24,700
40,138
90,315
50,000
106,915
49,100
46,534
92,439
12, 500
50,000
50,000
25,000
25,000
24,460
25,000
24, 460
25,000
197,117
29,700
25,000
197,117
29, 700
25,000
25,000
25,000
19,980
200,000
24,160
19,820
50,000
25,000
74,997
19,980
200,000
24,160
19,820
50,000
25,000
74,997
(10)
$39,700
24,700
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
292,089
72,532
63,574
465,074
459,529
125,820
59,436
37,625
53, 295
81,750
71,634
Total
deposits
at date of
failure
$90,295
223,140
218,230
365,052
596,472
89,066
535,967
705,941
83,048
111, 127
76,847
85,505
207,581
69,154
34,768
1,180,669
309,972
63,288
143,272
152,171
899,703
769,705
282,243
207,054
74,687
96,540
407,206
1
a
o
I
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, Springfield, Oreg
Masontown National Bank, Masontown,
Pa.1...
First National Bank, Portsmouth, Va.1-.
United States National Bank, Deer Lodge, Mont.
McDowell
County National Bank, Welch,
W. Va.1
.,.—,
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.4 9
First National Bank, Ocean City, N. J . . .
Painesville National Bank, Painesville, Ohio L_.
Granville National Bank, Granville, N. Y.»
First National Bank, Dillwyn, Va.i
Ayers National Bank, Jacksonville, 111
City National Bank, Georgetown, Tex
First National Bank, Webster City, Iowa_
Belmont National Bank, Belmont, Ohio*-_
Gadsden National Bank, Gadsden, Ala
First National Bank, Lincoln, Ala
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
Public National Bank & Trust Co., Houston,
Tex. i
Merchants National Bank, Wadena, Minn.
First National Bank, Motley, Minn.
First National Bank, Foit Games, Ga._.
Allenwood National Bank, AUenwood, Pa.1
First National Bank, Chester, W. Va
First National Bank, Marshfield, Wis
Footnotes at end of table.
10557 June 5,1914
10992 Apr. 17,1917
8355 July 20,1907
9615 Dec. 1,1909
8892 July 23,1907
8941 Oct. 9,1907
6528 Nov. 19,1902
9300 Dec. 9,1908
Nov. 9,1910
25,000
25,000
50,000
25,000
25,000
25,000
25,000
100,000
50,000
92,475
13,000
51,000
45,625
43,500
35,050
229,000
345,000
160,500
9071 Feb. 20,1908
11028 June 25,1917
6696 Mar. 16,1903
10596 Apr. 29,1914
5854 May 29,1901
11857 Sept. 18,1920
Sept. 13,1906
Mar. 22,1875
6496 Sept. 11,1902
9046 Feb. 3,1908
9620 Nov. 24,1909
2278 May 25,1875
5U5 Mar. 1,1898
6660 Mar. 2,1903
100,000
200,000
25,000
25,000
25,000
25,000
50,000
200,000
65,000
25,000
25,000
200,000
50,000
25,000
567,000
282,000
41,000
8,500
111,285
35,000
186, £00
3,700,333
254,500
59,800
61, 750
2,236,500
720,000
102,750
Mar.
Dec.
May
Oct.
July
Jan.
Sept.
Mar.
Apr.
Aug.
July
Jan.
Jan.
Dec.
Aug.
Feb.
Oct.
Sept.
31,1923
14,1912
12,1900
23,1901
26,1882
30,1895
11,1919
25,1901
6,1925
10,1871
26,1902
25,1907
23,1912
7,1912
26,1918
19,1917
20,1906
27,1886
100,000
25,000
25,000
50,000
200,000
50,000
50,000
200,000
50,000
50,000
25,000
125,000
25,000
25,000
25,000
25,000
500,000
50,000
134,000
25,250
63,375
463,000
504,500
158,750
12055 Nov.
4916 May
7764 May
6002 Oct.
11593 Nov.
6984 Oct.
4573 May
7,1921
15,1893
13,1905
3,1901
27,1919
9,1903
18,1891
300,000
50,000
25,000
30,000
25,000
50,000
50,000
12351
10304
5388
6060
2842
4985
11480
5763
12680
1874
6391
8560
10131
10309
11247
10961
8424
3575
40,000
25,000
50,000
25,000
25,000
25,000
100,000
300,000
100,000
Oct. 12,1932
Oct. 18,1932
do
Oct. 20,1932
do
.do .
Oct. 24,1932
-do .
Oct. 25,1932
250,000
do
400,000 Oct. 27,1932
25,000 Oct. 28,1932
25,000 Nov. 1,1932
40,000 Nov. 3,1932
do
25,000
100,000 Nov. 4,1932
600,000 Nov. 14,1932
100,000 . . do
do
25,000
do
25,000
600,000 Nov. 15,1932
do
_.
150,000
do .
25,000
23,000
1,363, 500
939,660
200,000
25,000
25,000
300,000
150,000
50,000
50,000
500,000
50,000
100,000
25,000
125, 000
25,000
25,000
25,000
25,000
700,000
200,000
. do —
Nov. 18,1932
.. do
do.
Nov. 21,1932
do
do
do ..
do
N o v . 30,1932
Dec. 1,1932
.... do
do
Dec. 2,1932
do
Dec. 8,1932
Dec. 9,1932
Dec. 10,1932
129,499
349, 750
69.000
107,650
4,000
55, 500
285,550
800,000
100,000
25,000
50, 000
25,000
50,000
150,000
Dec. 13,1932
Dec. 16,1932
do.
Dec. 19,1932
Dec. 22,1932
do
do.
978,000
7,000
517,715
35,875
151,875
16,500
12,000
9,820
23, 920
48,920
24,340
12, 500
6,250
9,820
23, 920
48.920
24,340
12,500
6,250
111,484
32,364
30,610
43,354
31,915
14,500
158,781
105,379
433,152
73, 729
198,727
90,298
12,500
12, 500
301,327
147,525
421,439
284,597
400,000
44,591
29,036
83,437
51, 760
120, 218
1, 500,350
294,689
24,760
24,760
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
2, 285,844
62,585
175,000
25,000
175, 000
25,000
300, 000
300,000
492,740
492,740
100,000
100,000
67,500
24,760
7,000
67,500
24, 760
7,000
665,000
82,000
665,000
82,000
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
10,000
35,843
67,942
3,261,216
204,610
49, 760
24,700
49,760
24, 700
4,900
50,000
147,180
4,900
50,000
147,180
3,051,013
93, 201
24, 503
54.046
17,894
86,184
260,495
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
895,548
275,283
672,870
1,629,885
3
Io
o
3
w
5,090,458
87,167
489, 542
737,629
15,492
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
8
Ox
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
First National Bank, Iowa Falls, Iowa
Mills County National Bank, Olenwood, 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, Ellwood City, P a . . _
First National Bank, Fowler, Kans
_
First National Bank, Greenfield, 111
First National Bank, St. Marys, Kans
First^National Bank, Yale, Mich
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.1Twelfth Street National Bank, St. Louis, M o . . .
Total
dividends
paid during existence as a
national
banking
association
Charter
no.
Date
3252
1862
11634
6957
6459
12209
10805
13240
5524
4813
5303
5689
9910
9097
6354
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
$50,000
65,000
35,000
25,000
25,000
50,000
100,000
50,000
25,000
50,000
25,000
50,000
25,000
25,000
25,000
$311,500
541,125
7, COD
118,500
92,500
19,500
181,000
6395
4818
9595
8473
3374
5482
9418
4449
7533
12216
10542
13269
13592
11260
12944
3918
9368
10379
12491
Aug.
Oct.
Oct.
Nov.
July
June
Apr.
Sept.
Dec.
June
Mar.
Dec.
Jan.
Oct.
Feb.
June
Mar.
Apr.
Jan.
50,000
100,000
25,000
55,000
50,000
35,000
30,000
50,000
25,000
200,000
50,000
40,000
150,000
50,000
30,000
50,000
25,000
30,000
300,000
173,000
341,025
59,500
148,500
205,250
107,550
99,600
299,250
90,500
44,000
127,175
5,200
18,1902
22,1892
26,1909
28,1906
29,1885
8,1900
17,1909
13,1890
9,1904
1,1922
21,1914
26,1928
15,1932
7,1918
24,1926
28,1888
6,1909
22,1913
12,1924
Capital
303,375
297,000
316,250
521,542
24,000
49,000
44,400
73,000
5,700
102,350
129,000
252,100
Failures
Capital
Receiver
appointed
Lawful
money
deposited
Circulation outstanding
at date
of failure
$50,000 Dec. 27,1932
65,000
do
35,000 Dec. 28,1932
50,000 Dec. 29,1932
50,000
.do.
50,000 —do
100,000 Dec. 30,1932
50,000 .—.do
25,000 —do.
100,000 Dec. 31,1932
50,000
.do
150,000 Jan. 3,1933
25,000 Jan. 4,1933
25,000 —do
30,000 Jan. 5,1933
$49,580
41,250
$49,580
41,250
25,000
49,640
96,580
25,000
49,640
96,580
24,695
49,460
49,695
100,000
24,640
24,695
49,460
46,695
100,000
24,640
24,760
24,760
50,000
125,000
25,000
55,000
50,000
40,000
60,000
50,000
25,000
200,000
100,000
40,000
250.000
50,000
30,000
25,000
50,000
200,000
300,000
39,760
100,000
24,640
15,000
50,000
40,000
60,000
48,800
25,000
96, 520
96,520
39,760
100,000
24,640
15,000
50,000
40,000
60,000
48,800
25,000
96,520
96,520
49,700
34,100
19,280
49,700
34,100
19,280
24,700
24,700
do
Jan. 10,1933
do.
.—_do
Jan. 12,1933
do
do.
—do_
—.do
Jan. 13,1933
do_.
Jan. 16,1933
Jan. 16,1933
Jan. 17,1933
do.
Jan. 19,1933
.—.do
—do
..—do
"2927446'
"292,-446"
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$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
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
Total
deposits
at date of
failure
to
1
8
$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
589,428
645,518
325,113
1,265,769
573,249
205,704
1,944,442
205,709
91,820
452,759
853,966
g
o
I
2
Farmers National Bank, Taylorville, 111
First National Bank, Madison, Nebr..
First National Bank, Buffalo Center, Iowa
Security National Bank, Alexandria, S. Dak.i»_.
California National Bank, Sacramento, 9Calif
First National Bank, Wellington, Colo.
Commercial National Bank, Columbus, Nebr...
First National Bank, Morristown, Tenn
First National Bank, Statesville, N. C
Chelsea-Second National Bank & Trust Co.,
Atlantic City, N. J
National Exchange Bank, Waukesha, Wis.1 •
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, Huntsville, Tenn.?
Citizens National Bank, Irwin, Pa.i
Union National Bank, Fremont, Nebr
Ashland National Bank, Ashland, Wis
Northern National Bank, Ashland, Wis
1
BozemanWaters National Bank, Poseyville^nd.
.
First National Bank, Pitsburg, Ohio 2 9.__
__
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.9.
First National Bank, Avon-by-the-Sea, N. J.i_—
Commercial National Bank, Washington, D. C Smith National Bank, St. Edward, Nebr
First National Bank, Rockport, Ind
,
Footnotes at end of table.
5410
3773
5154
10187
8504
7793
5180
3432
3682
May
Aug.
Oct.
Apr.
Dec.
June
Jan.
Jan.
Feb.
18.1900
100,000
1,1887
50,000
20,1898
50,000
13,1912
30,000
18.1906 1,000,000
3,1905
25,000
17, 1899
50,000
4.1886
50,000
8.1887
50,000
100,000
221,000
100,000
320,000
50,000
138,000
30,000
27,000
2, 982. 771 2,000,000
25,000
28,850
50,000
214,000
100,000
477, 500
100,000
309,732
5884 May 20.1901
2647 Feb. 14,1882
5873 June 14,1901
9591 Oct. 25.1909
2527 Mar. 24,1881
8914 July 31.1907
9347 Jan. 9,1909
8637 Mar. 27,1907
9831 Oct. 12.1910
954 Mar. 6,1865
12999 July 3,1926
3774 July 26,1887
100,000
50,000
25,000
25,000
50,000
25,000
200,000
50,000
50,000
100,000
100,000
50,000
691,000
450,842
51, 250
66,750
1,503,860
71,500
602,400
90,750
184,000
480,500
11007
12510
9439
6007
Apr. 28,1917
Feb. 20,1924
May 7,1909
Oct. 21,1901
50,000
100,000
25,000
25,000
12,500
14,000
26,750
50,250
7021
1934
3059
5613
10192
5255
3188
3196
3067
8149
9563
Sept. 24,1903
June 9,1872
Sept. 8,1883
Sept. 25,1900
May 4,1912
Jan. 16,1900
May 12,1884
May 3,1884
Nov. 20,1886
Mar. 15,1906
Sept. 21,1909
25,000
50,000
50,000
25,000
25,000
50,000
60,000
50,000
100,000
50,000
25,000
140,900
480,925
171, 500
207,000
11,250
323, 500
422,420
406, 500
651, 000
106, 500
11,375
13062
8069
13349
7199
12468
10074
5503
12422
7446
5793
6194
Apr.
Dec.
Mar.
Mar.
Aug.
Aug.
June
July
Oct.
Apr.
Apr.
75,000
25,000
25,000
25,000
250,000
100, 000
50,000
25,000
300,000
25,000
35,000
5,1927
21,1905
5,1927
9,1904
7,1923
11,1911
11.1900
23,1923
18,1904
23.1901
3,1902
239,404
79,950
50, 500
20,000
325,000
146, 500
1,996, 250
62, 652
54,775
do
Jan. 20,1933
do
Jan. 21,1933
do
Jan. 24,1933
do
Jan. 25,1933
Jan. 27,1933
100,000
63,980
49,997
100.000
63,980
49,997
1,701,580
25,000
49,640
75,000
100,000
1, 701.580
25,000
49,640
75,000
100,000
106,695
207,688
20,243
36,309
2,119, 977
19,219
67, 571
262,262
168,800
1,288,085
355, 238
71,163
11,258, 781
58,111
368,128
1,028.225
421,555
do
600,000
do
200,000
25,000 Jan. 30,1933
25,000 .... do
do
300,000
.. do
25,000
300,000 Jan. 31,1933
50,000 Feb. 1,1933
50,000 Feb. 2,1933
do
100,000
do
100,000
do
100,000
300,000
300,000
25,000
24,700
296,100
6,250
200,000
50,000
37, 200
25,000
24,700
296,100
6,250
200,000
50,000
37,200
100,000
25,000
100,000
25,000
82,529
85,839
87,096
60,774
do
Feb. 4.1933
do
Feb. 6,1933
100,000
25,000
25,000
100,000
25,000
25,000
25,641
122,669
10,500
48,451
87,997
288,891
73,144
99,154
50,000
75,000
49,400
49,100
6,250
50,000
75,000
49, 400
49,100
6,250
298,421
674,399
145, 369
305, 253
64,950
149, 280
99,400
99,100
149, 280
99,400
99,100
119,986
156, 658
27,207
97, 089
6,759
102,200
85, 648
205,879
198,483
67,705
21,000
50,000
100,000
25,000
25,000
do—.
80,000
75,000 Feb. 9,1933
50,000 _ d o . —
do
50,000
do. .
25,000
100,000 Feb. 10,1933
150,000 Feb. 13,1933
do
100,000
100,000 ... d o do
50,000
25,000 — do—
100,000
100. 000
25,000
25,000
250,000
300, 000
100, 000
50,000
1,000, 000
50,000
35,000
Feb. 14,1933
Feb. 15,1933
do—
do
Feb. 16,1933
Feb. 17,1933
Feb. 23,1933
Feb. 27,1933
Feb. 28,1933
M a r . 3,1933
do
6,320
6,320
100,000
100,000
984, 400
25,000
35,000
984, 400
25,000
35,000
4, 575,657
203,499
26,642
61,755
3,662,258
41,000
110,000
235,683
141,634
10, 645
68, 208
671,691
981, 500
29,165
86, 000
2,198,968
84, 908
77,100
5,439,556
156, 792
94,349
7,674,055
209,308
2,679,849
266,088
236,786
279, 652
305, 040
525, 264
1, 515, 954
998,004
n
i
I
3
299,645
427, 361
89, 557
284,451
931,445
208,579
10,147,360
244,166
175,958
to
TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
Liberty National Bank, Pawhuska, Okla.i
National Exchange Bank, Chester, S. C.«
First National Bank, The Dalles, Oreg
First National Bank, Hampstead, Md.«
Continental National Bank, Indianapolis, Ind. 1 ..
Broad Street National Bank, Red Bank, 7 N. J. 7 ..
Cherokee National Bank, St. Louis, Mo. —
e
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
First National
Bank of Kitzmillerville, Kitzmiller, Md. 7
First National Bank, Massillon, Ohio 7
Citizens National Bank, Qreeneville, Tenn. 7
First National Bank, Silverton, Tex. 7 7
Citizens National Bank, Frostburg, Md. 8.._
Citizens National Bank, Appleton, Wis.i
Citizens National Bank, Richmond, Ky.*
Britton & Koontz National Bank, Natchez, Miss.7
National
Loan & Exchange Bank, Columbia,
S. C. 7
City National Bank, Huntington Park, Calif.7...
First National Trust & Savings Bank, Chico,
Calif.'
_
7
First National Bank, Garden City, Kans.
First National Bank, Franklin, N . Y. 7 7
Pelham National Bank, Pelham, N. Y.
Douglaston National Bank, New York,
N. Y. 7 _,
First National Bank in Lott, Tex. 7 7
First National Bank, Augusta, Kans.
First National Bank, Kingfisher, Okla.« 7 9
Farmers National Bank, Henderson, Iowa7
First National Bank, Farnhaznville, Iowa
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
Failures
Capital
11314 Feb. 5,1919
8471 Dec. 4,1906
3441 Dec. 28,1885
9755 Apr. 13,1910
9537 July 20,1909
11553 Nov. 19,1919
12643 Feb. 9,1925
12420 July 28,1923
9502 Aug. 4,1909
$100,000
100,000
50,000
25,000
400,000
100,000
200,000
100,000
1,000,000
8703
10527
750,000
5,000,000
6,032,500 10,000,000
15,664,708 25,000,000
25,1906
8,1864
11,1930
13,1907
24,1893
1,1893
8,1905
30,1924
25,000
175,000
75,000
30,000
50,000
150,000
100,000
100,000
25,250
1,514,500
6,000
58,184
180,500
573,250
182,000
30,000
25,000
300,000
75,000
30,000
50,000
250,000
6871 July 4,1903
12988 Aug. 6,1926
500,000
100,000
July
Nov.
Dec.
Mar.
June
Nov.
Feb.
Apr.
Mar.
Dec.
50,000
50,000
63,000
50,000
100,000
25,000
25,000
25,000
25,000
40,000
8302
216
13482
8816
4926
4937
7653
12537
8798
3448
282
11951
13115
13647
6643
5328
7382
11907
Apr. 24,1907
Apr. 22,1914
June
Jan.
July
June
May
June
Feb.
Apr.
8,1907
16,1885
24,1863
18,1921
21,1927
17,1932
9,1903
25,1900
7,1904
6,1920
$56,000
185,000
508,500
62,000
402,000
130,500
29,000
49,000
2,027,750
$100,000
100,000
200,000
50,000
400,000
150,000
200,000
100,000
1,200,000
Receiver
appointed
Mar. 8,1933
Mar. 9,1933
Mar. 10,1933
.do.
Apr. 8,1933
Apr. 15,1933
Apr. 22,1933
Apr. 25,1933
May 8,1933
Circulation outLawful
standing
money
deposited at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
Total
deposits
at date of
failure
$12,862
194,033
637,810
70,498
110,000
615,482
491,147
110, 715
5,692
1,839,891
1,119,733
468,374
19,807, 968
May 11,1933 4, 844, 240 4,844, 240
5,146
9,351, 060 9,351,060 16,250,000
do
113,966,273
398, 763,166
$100,000
91,660
44,040
24,820
1,149,900
$100,000
91,660
44,040
24,820
1,149,900
$9,009
464,697
1,507,174
769,103
19,1933
23,1933
3,1933
5,1933
8,1933
23,1933
26,1933
1,1933
23,430
281,460
75,000
7,260
49, 580
23,430
281,460
75,000
7,260
49,580
575,063
651, 237
103, 232
231, 546
100,000
May
May
June
June
June
June
June
July
67, 380
100,000
67,380
100,000
61,129
451,913
204,918
2,391,485
651,311
87,518
1,137, 021
250,000
522,928
1,516,078
895,030
13,000
500,000
125,000
July 5,1933
July 13,1933
390,000
390,000
837,585
142,482
2,282,965
635,961
168,500
224,500
313,041
57,000
150,000 July 18,1933
50,000 July 21,1933
50,000
do
200,000
do
100,000 .—.do
25,000 July 25,1933
75,000 July 27,1933
25,000
do
25,000 July 28,1933
40,000
do
150,000
12,500
50,000
150,000
12,500
50,000
75,000
24,520
25,000
40,000
75,000
24,520
25,000
40,000
260,662
145,835
174,654
1,261,411
84,873
48,241
146,334
2,252,104
425,693
365,282
1,274,413
Id5,114
70,846
522,520
232,482
59,173
109,010
120,500
82,000
63,500
55,600
100,000
36,602
64,580
o
no
s
i
E
O
3
o
First National Bank, Rialto, Calif. 7
Athol National Bank, Athol, Mass.?7
First National Bank, Everly, Iowa
Brasher Falls National Bank, Brasher Falls,
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
7
Central National Bank, Spartanburg,
S. C.
First National Bank, Burnside, Ky.7,
First National Bank, Jefferson City, Mo.1»
Ansted
NationalBank,
Bank,
Ansted,Ohio
W. VaL2 7
First National
Ansonia,
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 7
First National Bank, Oakley, Kans.
Rockland National Bank, Rockland, Maine 7 7
Montezuma Valley National Bank, Cortez,Colo.
First National Bank, Gig Harbor, Wash.7.7
South Side National Bank, St. Louis,
Mo.
First National Bank, Eutaw, Ala.77
First National Bank, Verona, Pa.
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.
Unionand PeoplesNat ional B ank, J ackson,
Mich J.
First National Bank, Haverhill, Mass.7 7
Essex National Bank, Haverhill, Mass.
7
First National Bank, Lebanon, Ind.
—
First National Bank, Louisa, Va.7
First National Bank, Lorimor, Iowa 7
First National Bank, Clearfield, Iowa ^
National Bank of Commerce, Amarillo, Tex.* l
Prairie Depot National Bank, Freeport, Ohio 7...
Cedar Grove National Bank, Cedar
Grove, Ind. <L
First National Bank, Peru, Ind.7
First National Bank, Clay Center, Kans. 7 ..
Merchants National Bank, Clinton, Iowa *»_ 7
First National Bank & Trust Co., Baraboo,
Wis. First National Bank, Waynoka, Okla.7
First National Bank, Thief River Falls, Minn.7*
Footnotes at end of table.
July 3,1906
2172 Mar. 6,1874
7828 June 17,1905
10943
708
1356
6019
4996
8903
1809
8904
9194
9259
10234
6273
11697
10041
1446
9100
13057
13264
3931
4877
6419
6628
9932
10987
11324
12009
12428
1533
481
589
2057
12248
9549
6865
11216
11424
363
3072
3736
3609
9709
5894
Oct. 16,1916
Dec. 15,1864
June 1,1865
Oct. 28.1901
Apr. 17.1895
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
Feb. 26.1908
Jan. 26,1927
Dec. 5,1928
Oct.
Feb. 5,1888
Sept. 24,1893
Feb. 2.1902
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
Aug. 30.1872
Mar.
Aug. 24.1917
7,1922
Aug. 19.1909
June 26.1903
July 17.1918
July 29.1919
Jan. 1,1864
Nov. 1,1883
June 7,1887
Dec. 8,1886
Mar.
June 7,1910
29,1901
26,000
100,000
25,000
128,000
229,000
79,500
25,000
150,000
25,250
1,080,750
100,000
571,000
50,000
100,000
25,000
75,000
35,000
25,000
25,000
50,000
50,000
50,000
25,000
50,000
40,000
150,000
30,000
25,000
200,000
50,000
50,000
25,000
25,000
30,000
50,000
25,000
40,000
50,000
100,000
200,000
100,000
100,000
50,000
35,000
25,000
75,000
25,000
25,000
75,000
50,000
100,000
50,000
25,000
25,000
151,000
943,000
55,500
595,415
68,136
19,750
14,000
48,000
505,314
608,400
190,220
15,000
95,700
1,156, 500
108,600
1,125
315,000
407,500
493,500
86,000
30,000
19,050
5,000
23,500
20,400
1,000
1,306, 763
1,321,500
495,000
555, 515
41,521
9,800
69,250
4,250
6,750
1,699,750
235,625
234,000
243,884
31,500
101, 500
75,000 Aug. 2,1933
100,000 Aug. 3,1933
25,000 .... d o . - — . .
£0,000
09,200
25,000
50,000
99,200
25, m
271,507
267,053
18,937
400,064
1,383,568
215,390
25,000 .... do
150,000 Aug. 4,1933
24,220
150,000
24.220
150,000
156,563
221,421
187.183
1,151,757
100,000 .
do
200,000 Aug. 5,1933
400,000 Aug. 8,1933
25,000 „_. do
200,000 Aug. 10,1933
35,000 Aug. 15,1933
do.
25,000
do
25,000
do.
50,000
do
100,000
125,000 Aug. 16,1933
100,000 .. do .
—do
50,000
40,000 Aug. 18,1933
do
150,000
do
30,000
do
25,000
600,000 Aug. 19,1933
100,000 Aug. 23,1933
do
200,000
do
25,000
do
50,000
do
25,000
- do
50,000
do
25,000
. do
40,000
do
50,000
700,000 Aug. 24,1933
200,000 Aug. 29,1933
100,000
100,000
do
75,000 Aug. 30,1933
35,000 Sept. 5,1933
25,000 —..do——do
150,000
do
25,000
25,000 SeDt 6 1933
do
100,000
50,000
do
—
100,000 SeDt 9 1933
150,000 Sept. 11,1933
25,000 Sept. 12,1933
do
50,000
KJ\s £J V •
try X.\J\JKW
100,000
100,000
239,346
279,282
200,000
385,560
25,000
200,000
385,560
25,000
1,066,494
1,228,806
10,063
128,718
(*)
18,238
71,229
11,946
161,364
209,945
194,092
75,860
55,963
31,896
164,915
51,469
17,401
168,675
341,987
355
64,820
45,421
46,941
9,093
162,646
76,020
1,329,004
8,513
6,824
127,659
32,041
36,857
30,918
1,509,586
2,383, 566
87,626
(2)~
0)
25,000
25,000
49,400
65,000
100,000
100,000
24,550
10,000
149,100
30,000
24,460
197,500
99,995
50,000
25,000
50,000
23,000
25,000
25,000
49,400
65,000
100,000
100,000
24,550
10,000
149,100
30,000
24,460
197,500
99,995
50,000
25,000
50,000
23,000
700,000
199, 997
100,000
100,000
700,666
35,000
6,250
35,000
6,250
199,997
100,000
100,000
100,000
50,000
166,666
50,000
150,000
6,500
50,000
150,000
6,500
50,000
26,221
4,748
363,408
131,937
105,269
82,354
38, 228
80,324
(*)
62,568
442,080
174,650
586,550
569,447
1,369,696
81,124
117,229
4,373,399
186,777
110,618
5,476,286
215,885
1,750,670
154,917
195,147
95,993
119,068
151,993
39,433
119,480
8,211,605
1,923,434
2,375,863
539,425
640,872
255,690
103,600
8
i
3
o
I
fel
96,008
1,099,298
449,877
922,390
106,019
727,559
to
TABLE NO. 42.—National banks tn charge of receivers during year ended Oct. 81, 1985', dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 31, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
First National Bank, Adams, Nebr.7
First National Bank, Hicksville, Ohio 7
First National Bank, Elmore, Ohio 7*
First National Bank, Kansas, Ohio
First National Bank at Pontiac, Mich.?
First National Bank, Hart, Mich.*..
Tri-County
National Bank, Oliver Springs,
Tenn.7
_
_
Midway National Bank, Midway, 7Pa.7
First National Bank, Fleming, Ky.
First National Bank, Midland Park, N. J.7
First National Bank, Hatton, N. Dak.*
—
First National Bank, Oakland, Nebr. 77»
First National Bank, Newell, Iowa7 »
Kosse National Bank, Kosse, Tex. •
City National Bank and Trust Co., Niles, Mich.77.
First National Bank of Trenton, Barnveld, N. Y. Rubey National Bank, Golden, Colo.7
Westside National Bank, West Paterson, N. J.7__
Grand 7Rapids National Bank, Grand Rapids,
Mich. ___
First National Bank, Bruin, Pa.7
First National Bank, New Matamoras,7 Ohio 7-_.
First National Bank, Beallsville, Ohio7 »
First National Bank, Nappanee, Ind. 7
.—
Olney National Bank, Hartford, Mich. 7
First National Bank, Crescent City, 111.7
First National Bank, Carrier Mills,
111.
7
First National Bank, Sidell, 111.
First National Bank, Odin, 111.7
7
First National Bank, Ironton, Minn.
First National Bank, Beason, 111.7» 7
First National Bank, Glenvil, Nebr. » 7
i
First National Bank, La Harpe, Kans.
|
Newman National Bank, Newman, 111.7
]
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
9223 Aug. 14,1908
4867 Feb. 14,1893
6770 Apr. 2,1903
11598 Sept. 11,1919
13600 Feb. 26,1932
6727 Apr. 14,1903
$25,000
50,000
25,000
25,000
500,000
30,000
$100,000
132,109
43,449
5,500
11998
6626
11988
12603
6743
4610
10191
13279
133C7
11238
6497
12848
June 22,1921
Feb. 7,1903
June 16,1921
Oct. 6,1924
Apr. 1,1903
June 11,1891
Apr. 23,1912
Jan. 29,1929
Mar. 21,1929
Aug. 30,1918
Oct. 28,1902
July 17,1925
25,000
50,000
25,000
25,000
25,000
50,000
25,000
25,000
150,000
25,000
50,000
75,000
20,250
54,000
58,000
6,000
59,000
204,000
35,000
8919
5999
7025
8785
9854
6598
8015
8374
9525
10382
10572
13433
7226
7575
Jan. 2,1885
Oct. 15,1907
Oct. 7,1901
Sept. 3,1903
June 27,1907
July 20,1910
Nov. 8,1902
Nov. 11,1905
July 23,1906
Aug. 3,1909
Mar. 31,1913
M a y 23,1914
Feb. 17,1930
Apr. 11,1904
Jan. 12.1905
500,000
25,000
25,000
25,000
40,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
30,000
25,000
50,000
98, 747
36,750
3,750
214,000
Failures
Lawful
moneydeposited
Circulation outstanding
at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
Sept. 12,1933
Sept. 13,1933
do
do
do
Sept. 14,1933
$10,000
49,640
10,000
25,000
500,000
75,000
$10,000
49,640
10,000
25,000
500,000
75,000
$55,677
64,735
20,562
8,864
33,900
81,698
$142,416
178,936
369,729
44,886
7,227,894
331,578
do
25,000
50,000 Sept. 15,1933
25,000
do.
50,000 .....do
25,000 Sept. 16,1933
50,000 Sept. 18,1933
25,000
do
25,000
-do..
150,000
do
40,000 Sept. 20,1933
50,000 Sept. 21,1933
75,000 Sept. 22,1933
10,000
50,000
25,000
10,000
50,000
25,000
58,555
254,917
94,298
350,035
50,000
50,000
(*)
150,000
150,000
12,500
25,000
12,500
25,000
16,768
14,100
41,374
72,295
17,945
64,000
0)
2,863
232,780
125,687
382,484
115,138
"""l64,"678
(2)
23,118
1,228,306
284,360
676,873
215,919
500,000
500,000
10,000
12,500
25,000
25,000
25,000
25,000
19,700
25,000
10,000
12,500
39,695
25,000
25,000
25,000
25,000
19,700
25,000
24,700
50,000
24,700
50,000
2,456,322
14,003
20,465
11,515
14,116
95,006
30,573
38,260
32,312
10,729
49,567
15,513
27,892
31,995
38,375
12,838,053
72,348
330,062
120,344
218,128
380,014
98,891
90,137
106,115
90,628
143,729
81,105
88,618
67,603
207,223
Capital
$50,000
50,000
37,500
25,000
500,000
75,000
Receiver
appointed
3,405,434 1,000,000 Sept. 25,1933
28,250
25,000
do 102, 750
50,000 Sept. 26,1933
42,000
25,000
do.
72,400
40,000 ....do
54,250
25,000 .—do
62,250
25,000 Sept. 27,1933
36,625
25,000
do
25,000
130,970
do.
25,000
45,875
do
25,000
42,250
do..
40,000 Sept. 29,1933
40,900
30,000
2,700
do
25,000 Sept. 30,1933
47,200
50,000 Oct. 2,1933
189,000
Total
deposits
at date of
failure
1
O
o
cj
i
Citizens National Bank, Brazil, Ind.7—
Peoples-American
National Bank, Princeton,
Ind.7____
First National Bank, Meadow, Tex. 7 ...
_-.
Central Park National Bank, Central Park,
N.Y.i
First National
Bank and Trust Co., Cambridge
City, Ind. 7
First National Bank
of Marshall County at
Plymouth, Ind. 7
7
First National Bank, Montpelier, Ind.
First National Bank, Bos well, Ind. 7
First National Bank, Clinton, I n d . 7 . . . 7
Rosedale National Bank, Rosedale, I n d . . . .
First National Bank, Cayuga, Ind. 7
Whiteland National Bank, Whiteland,
Ind. 7
7
First National Bank, Wakarusa, Ind.
7
Lynch National Bank, Lynch, Ky.
Charokee National Bank, Cherokee, Okla.7
First National Bank in Cement, Ok"la.7.
Madison National Bank, Tallnlah, La.77
First National Bank, Kanawha. Iowa 7
Merchants National Bank, Galena, 111. 7
First National Bank, Central City,7 Colo.
First National Bank, Freeport, III. 7
Galena National Bmk, Galena, 111.
First National Bank, Mancos, Colo.77
First National Bank, Almont, Mich. 7
First National Bank, Brighton, Mich. 7
First National Bank, Ridse Farm,7 Til.
First National Bank, Oxford, Ala. »
First National Bank, New Richland, Minn. 7
Knoxville-Citizens7 National Bank & Trust Co.,
Knoxville, Iowa
Second National Bank, Bel Air, Md. 7
Farmers
& Merchants National Bank, Bel Air,
Md. 7 —
-7
First National Bank, Havensville, Kans.
•
Citizens National Bank, Romeo, Mich.7 7
First National Bank, Goodhue, Minn.
Mount Ephraim
National Bank, Mount
Ephraim, N. J.7
.„
....
First National Bank, Somers Point, N. J.7
Mechanics National
Bank & Trust Co., Mill7
ville, N. J.
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-by-the-Sea, 7N. J. _
First National Bank, Birmingham, Mich.
First National Bank, Channing, Tex. 7 .
Footnotes at end of table.
8620
Mar. 4,1907
100,000
143,000
100,000
.do..
98,700
98,700
63,598
421,683
10551
12928
May 5,1914
Feb. 8,1926
125,000
25,000
246, 250
125,000
25,000
100,000
100,000
271,593
8,568
811,455
37,185
12951
June 25,1926
50,000
do
do
do
70
May 11,1882
100,000
336,000
50,000
2119
5278
5476
6480
9006
9189
9492
11043
12349
12049
12335
12923
9018
979
2129
2875
3279
9674
12793
12869
5313
7073
10642
June
Mar.
June
Sept.
Jan.
June
Apr.
July
Jan.
Nov.
Mar.
Feb.
Dec.
Mar.
Sept.
Jan.
Dec.
Jan.
May
Dec.
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
19,1925
14,1907
7,1865
15,1873
11.1883
23.1884
18.1910
20,1925
18,1925
3,1900
14.1903
11,1914
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
125,000
50,000
120.000
100.000
50, 000
25,000
25,000
30,000
25,000
25, 000
466, 325
121,500
73,000
98,400
42, 250
112, 500
22, 500
19, 750
74, 500
33, 300
8,000
12849
3933
Nov. 4,1925
Sept. 7,1888
50,000
25,000
25,000
72,889
206,199
3,1933
49,990
49,990
39,567
189,435
—do
do
.do.
— .do
do
—.do
.do.
do
do
Oct. 4,1933
.do.
do
Oct. 7,1933
Oct. 9,1933
.do.
do
do
do
do
....do.
Oct. 10,1933
—_.do—
do
129,997
50,000
6,250
30,000
25,000
25,000
129,997
50,000
6,250
30,000
25,000
25,000
25,000
25,000
40,000
25, 000
25, 000
25,000
200. 000
24,820
50,000
20,000
40,000
25,000
25,000
25,000
200,000
24,820
50,000
20,000
1,900
115, 500
44, 500
8,750
130,000
50,000
25,000
60,000
25,000
25,000
25,000
25,000
50,000
30,000
25,000
50,000
50,000
100,000
25,000
300,000
100,000
50, 000
25.000
35,000
50,000
25,000
25,000
50,000
25,000
50,000
25,000
208,609
126,518
63,980
325,783
18,147
49,599
22,493
8,915
121,768
54, 781
27,300
143,159
51,845
359
7,071
38,744
70,181
206,873
18,820
23,606
44, 315
10, 561
12, 272
271,564
137,083
1,026,470
132,709
115, 263
85,002
94,153
151,604
244, 263
86,156
158, 294
102,397
405, 790
223, 540
2, 462,095
2,167,633
228,502
166,910
142,636
36,623
104,199
124, 111
100,000
60,000
6,568
130,105
100,000
60,000
100, 000
60,000
100, 000
60,000
376,731
1,163, 545
1,004,256
30,1909
19,1900
19,1874
27,1904
25,000
40,000
50,000
25,000
80, 250
52,850
329,692
66,000
100,000
25,000
50.000
25,000
....do
Oct. 11,1933
do
....do
Oct. 12,1933
Oct. 13,1933
25,000
24, 700
49, 640
25,000
24, 700
49,640
110, 211
30, 323
55,552
114,917
402,077
30,178
525, 762
352,312
12518
12559
Dec. 22,1924
June 12,1924
25,000
50,000
4,250
3,000
25,000
50, 000
49, 550
49, 550
38,047
90,826
144,9o3
203,091
5208
7887
7000
1655
13560
9874
10949
June
Au?.
Sept.
May
June
Sept.
Jan.
98, 560
10,000
98,020
49, 600
98, 560
10,000
98,020
49,600
361,002
132,043
223,499
216,869
176, 429
253,855
20,164
626,472
272,566
850,604
202,972
179,024
2,346,905
72,666
9474
5506
2186
7603
June
June
Aug.
Dec.
6,1899
25,1905
8,1903
8,1865
29.1931
7,1910
19,1917
78, 250
661, 750
366, 250
1, 215, 729
473,000
132, 000
100,000
268, 500
91, 200
30,000
232,000
25.000
254,000
53,000
50, 000
25, 000 ~~~~267,~2o6~
7,750
25,000
250,000
60,000
100,000
50,000
50,000
230,000
25,000
Oct.
- .do
—do
do
do
.do.
do
do
Oct. 14,1933
do
"I66,"666" "I66,"666"
o
i
o
i
2
o
4
to
TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1935', dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 31, 1935, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
First National Bank, Fosston, Minr.J
._..
Harriman National Bank & Trust Co. of the City
of New York, New York, N. YJ
First National Bank, Avoca, Mich.'
First National Bank, Waverly, N. Y.3 7
National Central Bank, Cherry Valley,
N. Y.7-.
First National Bank in Salem, Oreg.7First National Bank, Humboldt, Iowa»
First National Bank, Lake Benton, Minn.*.
First National Bank, Grantsville, Md.7
National Bank of Wyoming, 111.2 *
First National Bank, Oak Harbor, Ohio »
Peckville National Bank, Peckville, Pa.'
Millington National Bank, Millington,
Mich.7—
First National Bank, Valier, Mont.7 7
First National Bank, Conrad, Mont. 7 9
Farmers National Bank, Geneva, Ala.
Harveysburg
National Bank, Harveysburg,
Ohio.7
First National Bank, Hankins, N. 7Y.7_._.
First National Bank, Oregon, Wis. 7
First National Bank, Ypsilanti, Mich. .
Peoples National Bank, Monmouth, 7111.7
First National Bank, Shawano, Wis. 27
First National Bank, Dallas City, 111. .—
7
First National Bank, Woodstock, Minn.
First National Bank, Neisville, Wis.7— 7
Falls National Bank, Niagara Falls, N. Y.
First National7 Bank of Commerce, Tarpon
Spring?, Fla.
First National Bank/Marseilles, 111.7
First National Bank, Shullsburg. Wis.7
Pleasant Unity National Bank, Pleasant Unity,
Total
dividends
paid during existence as a
national
banking
association
Failures
CirculaLawful
tion outmoney
standing
deposited at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
Total
deposits
at date of
failure
Charter
no.
Date
Capita]
6889
June 12,1903
$25,000
$83,100
$30,000
Oct. 16,1933
$29,997
$29,997
$40,730
$500,122
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
25,000
50,000
200,000
75,000
26,000
50,000
25,000
2o,000
25,000
50.000
25,000
25,000
25,000
50,000
4,630,000
35,500
487,750
412,250
419,875
108,550
168,063
46,000
111, 750
91,125
240,125
33,500
34,250
55,500
54,500
2,000,000
25,000
100,000
50,000
200,000
50,000
25,000
26,000
50,000
50,000
150,000
25,000
25,000
75,000
50,000
do
Oct. 24,1933
do
do
..do
300,000
300,000
100,000
49,997
100,000
48,920
100,000
49,997
100,000
48,920
18,382,675
237,075
886,020
844.498
1,420.988
724,744
25,000
<*>
11617 Jan. 31,1920
12549 Mar. 29,1924
10620 May 25,1914
155 Nov. 25,1863
4313 May 2,1890
5469 May 19,1900
5609 Oct. 2,1900
7625 Feb. 21,1905
9606 Sept. 28,1909
11489 Oct. 16,1919
25,000
25,000
25,000
50,000
75,000
50,000
25.000
25,000
50,000
100,000
Nov. 8,1922
June 27,1871
May 23,1889
Dec.
Dec.
9955
10790
29V
1136
3405
8277
4o09
5943
6629
6632
7785
8723
9520
9759
10307
12274
1852
4055
6581
7555
5,1902
6,1904
Capital
Receiver
appointed
Oct. 25,1933
do
do—.....
do
—do
—do
do
.—do
—do
712,250
276,000
193,000
119,000
41,500
84,000
37,000
25,000 .—do
25,000 — d o .
25,000 ....do
150,000 Oct. 26,1933
75,000
do
do.
100,000
75,000 —do
25,000 ....do
50,000 —do
100,000 ....do
50,000
50,000
50,000
4,500
274,875
163,500
75,000 —do
75,000 Oct. 27,1933
50,000 ....do
25,000
$0,000
61.625
68,500
8,750
""237666"
25,000
50,000
.do.
25,000
6,766,103
67,924
16,000
117,267
210,639
206, 731
25,902
7,332
25,000
49,250
6,250
6,500
75,000
12,500
25,000
49,250
6,250
6,500
75,000
12,500
37,678
254,449
37,644
114,807
107,020
105,394
12,500
150,000
49,997
75,000
25,000
49,997
25,000
12,500
150,000
49,997
(3)
75,000
25,000
49,997
25,000
18,450
46,911
116
158,998
123,668
(2)
52,205
45,950
144,217
227,083
49,580
49,580
102,202
200,415
37,877
122,202
405,683
397,671
24,700
24,700
18,460
46,481
248,228
169,332
321,755
(2)
722,609
1,371,986
82,107
72,103
204,925
140,753
54,644
188,744
150,239
2,300,280
454,553
92,533
55,903
264,057
1,127,066
3
3
w
o
•3
o
3
First National Bank in Braidwood, Til.'
First National Bank, Mineral Wells,
Tex.* 9 . . ~ .
First National Bank, Cresco, Iowa 7
First National Bank, Chelsea, Iowa 7 7
First National Bank, Graettinger, low*
First National Bank, Stanton, Iowa 7
New London
National Bank, New London,
Iowa.7
First National Bank, Hubbard, Iowa J 7
Farmers National Bank, Kingsley, 2Iowa
,
Farmers National Bank, Aledo, 111. 7
7
First National Bank, Grand River, Iowa 7
Farmers First National Bank, Bake, Iowa
.
First National Bank, Marathon, Iowa7. 7
First National Bank, Rock Valley, Iowa
,
First National Bank, Dunkerton, Iowa 77
First National Bank, Little Rock, Iowa7
First National Bank, St. Angsar, Iowa
First National Bank, Whiting, Iowa 779
First National Bank in Ashton, Iowa
First National Bank, Port Norris, N. J.7
First National Bank, Aurora, Colo.7
Federal-American National
Bank & Trust Co.,
Washington, D. C.7
Commercial National Bank, Wilmington,
111.7...
First National Bank, Grayville, 111.77
First National Bank, Steward, 111. .
First National Bank, Compton, 111.77
First National Bank, Ransom, 111. ...
Central City National Bank, Central7 City, Nebr.7.
First National Bank, Sheridan, 111.
Farmers National Bank, Dahlgren,7 111.7
Farmers National Bank, Viola, 111.
Old-First National
Bank & Trust Co., Fort
Wayne. Ind.7.
__
__
First National Bank, Lindsay, Calif.1
First National
Bank
of
Jewell
Junction,
Jewell,
Iowa 7
First National Bank, Exira, Iowa 7 7
First National Bank, New Berlin, Pa. 7
Citizens National Bank, Dickson, Tenn.
First National Bank, Ilawkeye, Iowa 7
First National Bank, Goldsboro, Pa.7 7
First National Bank, Mansfield, Ark. 7
Webster National Bank, Webster, Mass.
First National Bank in Derry, Pa.2 7
7
Lehigh National Bank, Philadelphia, Pa.
_
First National Bank, Portland, Maine 7
Peoples-Ticonic
National Bank, Waterville,
7
Maine
Hamilton County National Bank, Cleves, Ohio7».
Footnotes at end of table.
11895
5511
4897
5412
5571
6434
Dec.
July
Apr.
May
July
Apr.
6,1920
14f1900
7,1893
17,1900
13,1900
23,1902
25,000
25,000
50,000
25.000
25,000
25,000
47,500
133,550
185,375
53,550
61,053
106,500
25,000
60,000
50,000
40,000
25,000
25,000
. do ....
....do - ~
Oct. 30,1933
.. do _ .
....do
do -
8352
8970
9116
9649
9737
11735
4789
5200
6722
8119
10684
10861
12883
10036
11682
Aug.
Dec.
Apr.
Jan.
Mar.
May
Aug.
June
Apr.
Jan.
Dee.
May
Jan.
Oct.
Mar.
22,1906
3,1907
6,1908
5,1910
10,1910
12,1920
1,1892
20,1899
1.1903
24,1906
9,1914
2,1916
15,1926
26,1910
5,1920
25,000
25,000
25,000
65,000
25,000
25,000
50,000
50,000
30,000
25,000
25,000
25,000
25,000
25,000
25,000
18,750
105, 650
30,500
72,150
32, 750
25,000
50,000
25,000
65,000
25,000
25,000
25,000
50,000
40,000
25,000
25,000
25,000
25,000
100,000
25,000
10316 Jan. 15,1913
1964 Mar. 15,1872
4999 May 8,1895
6543 Nov. 20,1902
7031 Nov. 3,1903
June 27,1906
Sept. 12,1906
10760 June 22,1915
13451 Apr. 2,1930
11779 June 22,1920
500,000
50,000
50,000
25,000
25,000
25,000
40,000
25,000
25,000
40,000
3,078,979
397,500
182,000
88,000
59,000
55,250
158,000
21,750
Dec. 20,1884
Oct. 20,1905
350,000
25,000
Feb.
June
July
June
Sept.
Oct.
Apr.
Aug.
Nov.
June
Jan.
28,1901
11,1903
13.1905
14.1906
16.1907
25,1907
23,1918
15, 1918
7,1924
17,1929
4,1864
25,000
35,000
25,000
25,000
25,000
25,000
25,000
100,000
50,000
200,000
100,000
Jan. 28,1865
Oct. 11,1904
100,000
25,000
3285
7965
5743
6870
7897
8292
8900
9072
11195
11236
12912
13341
221
7456
50,000
25,010
11,760
25,000
50,000
25,010
11,760
25,000
....do
....do.
. do
....do
do .
. do
Oct. 31,1933
....do
....do
....do
....do
.. .do
do
....do
do
19,820
37,020
25,000
(2)
25,000
16,000
12,500
49,760
40,000
25,000
24,820
25,000
19,820
37,020
25,000
25,000
16,000
12,500
49,760
40,000
25,000
24,820
25,000
23,950
23,950
....do
Nov. 1,1933
.-..do
__ .do
do
...do.. . _
—.do
do
do
do
49,817
50,000
50,000
50,000
49,817
50,000
50,000
50,000
6,500
19,820
6,500
19,820
12,400
2,000,000
50,000
50,000
50,000
25,000
25,000
50,000
25,000
25,000
40,000
2,084,750
92,500
1,750,000
75,000
Nov. 2,1933
do
1,750,000
1,750,000
33,000
64,400
19,125
96,750
27,500
36,000
19,500
90,500
6,000
4,039,349
25,000
35,000
25,000
50,000
25,000
25,000
25,000
100,000
50,000
200,000
600,000
Nov. 3,1933
do. .
—do
do
—do
do. - _
—.do
do
—do
do
Nov. 6,1933
596, 700
596,700
1,025,653
94,250
300,000
100,000
....do
—do
300,000
300,000
119,446
180,000
120,392
66,750
13,500
15,000
111, 250
14,750
25,000
9,000
19, 640
37,495
25,000
25,000
24,050
98,2 050
()
25,000
9,000
19,640
37,495
25,000
25,000
24,050
98,050'
(2)
75,278
66,570
77,009
30,790
53,751
35,814
157,051
285,507
115,798
92,944
92,802
174,929
106,128
41,807
107,240
25,728
(2)
22,154
50,827
31,400
106,953
60,438
38,902
42,586
84,093
23,625
315,352
102,784
65,927
80,036
74,446
167,552
315,152
104,041
149,15C
167,747
66,264
259,313
396,538
4,289,129
46,056
89,206
49,219
30,552
22,000
11,119
13, 585
5,718
40,302
9,583,792
184,030
284,973
78,511
144,109
116, 742
212,597
156,136
125,158
185,578
7,782,834
100,229
14,443,693
47,595
63,107
22,241
56,504
31,026
15,000
8,232
186,417
(2)
225,321
149,525
98,004
205,282
287,888
68,602
200,996
118,518
1,122,929
(2)
297,072
6,647,208
5,976,675
436,865
152,109
82,529
o
o
o
F
to
00
TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure.—Continued
Organization
Name and location of bank
7
Springvale National Bank, Springvale, Maine
—
District National Bank, Washington, D .2 7C. 7
Security National Bank, Jackson, Tenn.7 _.
First National Bank, Richmond, Mich.
Uniontown National Bank & Trust Co., Uniontown, Pa *
—
2544 ChattanoogaNationalBank, Chattanooga, Tenn.77 .
2545 Presque Isle National Bank, Presque Isle, 7Maine 2546 Coast National Bank, Fort Bragg, Calif.
2547 Brandon National Bank, Brandon, Vt. 7 79 .
2548 First-Henry National Bank, Henry, 111. 7
2549 First National Bank, Park Rapids,7 Minn.
2550 First National Bank, Huttig, Ark. 7
2551 First National Bank, Monroeton, Pa.
2552 Jefferson County National Bank, Brookville, Pa. 7
2553 First National Bank, Medford, 7Wis.*
2554 First National Bank, Joliet, 111. 7
2555 First National Bank, Earlville, I1L 7
2556 First National Bank, Woodruff, S. C.
_.__.
2557 National Bank of Ellensburg, Wash. 7
.
2559 First National Bank in Blooming Grove, 7Tex. 7 _.
2560 National White River Bank, Bethel,7 V t . - . — —
2561 Belton National Bank, Belton, Tex. 7
.._
2562 National Bank of Fairmont, W. Va.
_
.
2563 Clyde National Bank, Clyde, Tex. 7
2565 Richmond National Bank, New York, N . Y . 7 . . .
2566 Security National Bank, Wichita Falls,
Tex.i »__
2567 First National Bank, Versailles, Mo. 1 7
2568 First National Bank, Wilsonville, 111. 7
.„
2569 Webster National Bank, Webster, N . Y.
7
2570 First National Bank, Grand Forks, N . Dak. _._.
First
National
Bank
&
Trust
Co.,
Petersburg,
2571
Va.7
,
2572 Jackson National Bank, Jackson, Minn.*.•.__—_•
2573 First National Bank, M o n t o u r r l o w a 7
.
2539
2540
2541
2542
2543
Charter
no.
Date
Capital
7835
9545
10334
10742
June
Sept.
Feb.
May
22,1905
8,1909
10,1913
24,1915
$25,000
400,000
100,000
25,000
12500
13654
3827
9626
404
1482
5542
10060
12597
2392
5695
512
3323
10593
11045
13555
962
7509
9462
8780
11655
11762
7256
12630
13145
2570
Feb.
Dec.
Aug.
Sept.
Mar.
June
July
July
Sept.
July
Dec.
Aug.
Mar.
July
June
June
Mar.
Nov.
June
June
Feb.
June
May
Jan.
Nov.
Sept.
4,1924
30.1932
15,1887
30,1909
26,1864
5,1865
12,1900
8,1911
15,1924
27,1878
3,1900
1,1864
3,1885
24,1914
2,1917
4,1931
14,1865
12,1904
19,1909
5,1907
17,1920
12,1920
5,1904
14,1925
1,1927
12,1881
250,000
1,500,000
50,000
50,000
100,000
50,000
50,000
25,000
25,000
50,000
25,000
100,000
50,000
50,000
50,000
25,000
75,000
50,000
200,000
25,000
200,000
400,000
30,000
25,000
50,000
50,000
May 18,1886
Aug. 24,1903
Oct. 25,1904
100,000
30,000
25,000
3515
6992
7469
Total
dividends
paid during existence as a
national
banking
association
$163,167
1,081. 500
125,000
85, 250
374,555
53,500
615,500
501,500
215,000
86,375
1,000
744,500
79,900
2,932,500
291,500
75,500
21,500
432,625
232,450
1,227,000
35,750
246,941
247,000
51,200
11,000
686,000
1,155,000
113,200
65,226
Failures
Capital
Receiver
appointed
$100,000
1,000,000
100,000
50,000
Nov. 6,1933
do
do.
do
250,000
1,500,000
100,000
100,000
100,000
50,000
50,000
25,000
25,000
125,000
50,000
1,040,000
50,000
50,000
50,000
25,000
50,000
50,000
400,000
25,000
400,000
200,000
30,000
25,000
50,000
400,000
do
-__ do—
Nov. 7,1933
do
do
do
Nov. 8,1933
do
do
Nov. 9,1933
do
Nov. 10,1933
do
do .
do
do
Nov. 13,1933
do
do
Nov. 14,1933
do
do
Nov. 15,1933
do
do
do
700,000 Nov. 16,1933
do
80,000
30,000 — - d o
Lawful
money
deposited
$6,250
903,00a
(2)
50,000
Circula-*
tion outstanding
at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$6, 250
903,000
(2)
50,000
$71,813
1,061,693
(2)
27,272
295,941
2,944, 618
788,461
5,277
31,258
178,483
2,013
21,203
3,000
162,622
Total
deposits
at date of
failure
$2,000,038
6,077,504
(3)
768,019
50,000
25,000
50,000
24,640
400,000
6,300
335,480
196,883
29,075
81,208
53,175
61,622
71,606
20,000
1,070,786
31,520
1,106,937
9,883,045
2,498,106
667,946
350, Hi7
637, 272
388,417
89,901
182,009
1,470,625
107,000
6,075,283
203,377
73,590
200,503
59,515
1,204,762
256,213
4,478,625
85,417
3,080,041
25,000
50,000
399,995
25,000
50,000
399,995
44,937
16,276
17,022
990,927
71,122
397,243
3,684,515
692,200
692,200
§5,000
35,555
12,500
50.000
99,997
12,500
50,000
99,997
45,800
25,000
45,800
25,000
50,000
50,000
50,000
50,000
50,000
25,000
50,000
24,640
400,000
6,300
335,480
1,147,880
35,657
76.103
3,061,875
156.59.X
to
1
§
o
tr1
52!
<
First National Bank, Elma, Wash.?
First National Bank, Murray, Ky.7__
National Black River Bank, Proctorsville,
Vt.7..
First National Bank, Marion, Ind.7 7 _
First National Bank, Wilkinsburg,7 Pa.
—
First National Bank, Atwood, 111. .
First Lake County National Bank, Libertyville,
Garrett "National" Bank," Oakland," Md.'CII IIII11
National Bank of Commerce, Adrian,7 Itylich.7
First National Bank, Florence, Ariz.
American Exchange National Bank, St. Louis,
Mo;
National Bank of Anaconda, Mont.7
First National Bank of The
Thousand Islands,
Alexandria Bay, N. Y.7
First National Bank, Morrison, 111.7. 7
Chilton National Bank, Chilton, Wis.
First National Bank, La Harpe, 111.7
First National Bank, Swanville, Minn.7 7 ...
Romulus National Bank, Romulus, N.
Y.
First National Bank, Ceylon, Minn. 77
First National Bank, Keyser, W. Va.
First-Kenmare
National Bank, Kenmare, N.
Dak.7
First National Bank, Cambridge, Minn.2 77First National Bank, Rock Lake, N. Dak.7
First National Bank, Marmarth, N. Dak. 7
Farmers National Bank, Hendricks, Minn.
Farmers
& First National Bank, New Castle,
Ind.7
First National Bank, Holland, Minn.7
Tulpehocken National
Bank & Trust Co., Philadelphia, Pa.7
First National Bank, Tamaroa, 111.77
State National Bank, Windsor, Vt.
First National Bank, White Lake, S. Dak.7
Farmers & Merchants National Bank, Milbank,
S. Dak.i
First National Bank, Gary, S. Dak.7
First National Bank, Hayti, S. Dak.7
First National Bank, White Bear Lake,7 Minn.7,.
First National Bank, Manistee, Mich.
First National Bank, Del Rio, Tex.i 7
_.
First National Bank, Rochester, Mich.
Day & Night National Bank, Pikeville,7 Ky.i....
First National Bank, Stone Lake, Wis.7
First National Bank, Canton, S. Dak.
Farmers National Bank, Freeport,7 Pa.7
First National Bank, Canton, 111. 7
Canton National Bank, Canton, 111.
Footnotes at end of table.
40,260
146,493
8,399
734,847
656,979
31,144
147,382
922,431
247, 848
2, 400, 774
4, 670,447
105,669
98,440
98,917
100,000
1,057
96, 715
119,424
32, 277
987,589
834,893
682,339
354,241
49, 637
49, 637
324,162
95,181
1, 783, 653
526,800
14, 995
49, 700
49,400
12, 500
20,000
5,000
24,640
58,680
14, 995
49, 700
49,400
12, 500
20, 000
5,000
24, 640
58,680
334, 982
87,059
90,595
96, 713
54,142
21,875
21,834
184,914
584, 207
190,189
274, 261
217,062
132, 702
79,991
86, 223
980,867
16,
250
(2)
25,000
25,000
24,700
16,
250
(2)
25,000
25,000
24, 700
84,431
137,294
23,676
30,171
182,924
30,656
132,072
254,613
do _
do
199,400
199, 400
294,959
41,672
1,064,872
40,129
200,000
40,000
50,000
25,000
do
Dec. 9,1933
Dec. 11,1933
do
24,347
24,347
10, 000
10, 000
90,570
56,977
35, 735
130, 639
129,848
426,036
975,253
97,420
75,000
35,000
25,000
25,000
100,000
100,000
100,000
100,000
25,000
50,000
50,000
100,000
125,000
do
do
do
do
Dec. 12,1933
do
do
do _
do
Dec. 13,1933
do
do
do
13233 Aug. 14,1928
10779 Aug. 3,1915
1383 May 22,1865
4189 Dec. 4,1889
4728 Apr. 2,1892
July 17,1902
25,000
25,000
50,000
100,000
50,000
25,000
5,000
122,000
253, 750
768,681
613, 500
83,613
25,000
do
100,000 N o v . 23,1933
50,000 Dec. 5,1933
do
350,000
do.
400,000
25,000 .....do
6514 Nov. 1,1902
6588 Jan. 15,1903
9421 May 10,1909
May 5,1917
25,000
50,000
100,000
25,000
162,075
301,250
186,000
2,000
100,000
100,000
100,000
25,000
do
do
do
do
12506
12542
Feb. 19,1924
May 7,1924
200,000
100,000
84,000
12, 500
300,000
100,000
do
do
5284
1033
5933
8468
10824
11739
6029
6205
Mar. 24, ieoo
Jan. 28,1865
July 31,1901
Nov. 20,1906
Jan. 29,1916
May 3,1920
Oct.
Mar. 4.1901
5.1902
30,000
50,000
*50,000
50, 000
25,000
25,000
25,000
60,000
184,400
675,476
161,000
70,500
12,1902
8,1904
23,1905
24,1908
10,1909
25,000
30,000
25,000
25,000
25,000
85,500
97,400
58,500
25, 750
19, 500
25,000
50,000
25,000
25,000
25,000
9852
11724
Aug. 11,1910
May 4,1920
100,000
25,000
197,000
200,000
25,000
13185
8629
7721
8291
Mar.
Mar.
Mar.
June
6,1928
9,1907
25,1905
22,1906
200,000
25,000
25,000
25,000
61,850
81, 250
39,000
9393
10800
11987
2539
5294
9218
11944
10322
2830
7366
415
3593
Apr.
Mar.
Nov.
June
July
Apr.
June
Feb.
Jan.
Nov.
Aug.
Apr.
Nov.
27,1907
1,1909
3,1915
14,1921
16,1881
2,1900
2,1908
28,1921
24,1913
3,1882
1,1904
2,1864
17,1886
25,000
25,000
25,000
25,000
100,000
30,000
50, 000
100, 000
25, 000
50, 000
50,000
50,000
50,000
99, 250
66,000
21,000
11,000
467, 500
391,875
169,000
8,000
7,500
160, 500
79, 500
707,875
459, 750
6555
7428
8019
9082
9457
Dec.
Sept.
Nov.
Mar.
May
11, 250
29,500
171,400
—
50, 000 Dec. 7,1933
do
100,000
do
50,000
do
50,000
do
25,000
do
25,000
25,000 Dec. 8,1933
do
80,000
do
do
do
do
do
100,000
25,000
350,000
400,000
25,000
100,000
25,000
350,000
400,000
25,000
98,440
98,917
100,000
24, 750
24, 750
100, 000
100,000
50,000
50, 000
25, 000
50,000
50, 000
99, 700
99,997
25,000
50,000
50,000
99, 700
99,997
63,537
183, 225
75,603
68,144
92,485
422,815
290,436
78,834
24,941
158,935
2,059
60,103
112,492
293,527
106,964
306, 521
555,836
3
o
o
w
o
1,493,812
39,704
389,132
651, 204
877,893
816,862
Or
TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1935, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1935', circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
Millbury National Bank, Millbury, Mass.*
Union National Bank, Atlantic City, N. J.i
First National Bank, Arthur, I11.7_
First National Bank, Columbus, N. J.7 •
Union National Bank, Fostoria, Ohio '
First National Bank of Douglas County at Castle
Rock, Colo.*
Cooperstown National Bank, Cooperstown,
N. Y.I....
I
——
Mountains National Bank, Tannersville,7 N. Y.7_
First National Bank, St. Albans, W. Va.7
First National Bank, Portsmouth, Ohio
Orange National Bank, Orange, N. J.7
First National Bank, Canonsburg, Pa.7
National Citizens Bank, Charles Town, W. Va.7.
Union National Bank, New Castle, Pa.»
First National Bank, New Wilmington, Pa.7- —
National Bank of Clayville, N. Y.7
First National Bank in Gallup, N. Mex.7»
-_
First National Bank, Dickinson, Tex.*
7
National Shoe & Leather Bank, Auburn,
Maine
First National Bank, Hull, Iowa 7
_
7
Citizens National Bank, Caldwell, Ohio 7
_
First National Bank, Summerfield, Ohio7
First National Bank, East Orange, N. J.
Noble County National Bank in Caldwell,
Ohio7First National Bank in Gibsland, La.7
Bellefontaine National Bank, Bellefontaine,
Ohio7.
First National Bank, Swayzee, Ind.7
—
7
Hastings National Bank, Hastings, Mich.
...
First National Bank, Paw Paw, Mich.7 7
Welden National Bank, St. Albans, Vt.7
._
First National Bank in Bessemer, Ala.
First National Bank, Hancock, Md.77
First National Bank, Russellton, Pa.
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
572 Oct.
4420 Aug.
5233 Oct.
13166 Jan.
9192 June
25,1864
14,1890
31,1899
12,1928
19,1908
$100,000
100,000
50,000
50,000
100,000
$558,184
323,000
204,375
•6556 Dec.
12,1902
25,000
Mar. 26,1904
June 30,1917
Dec. 29,1909
Aug. 8,1863
June 13,1865
Apr. 1,1881
May 16,1904
Dec. 31,1906
Aug. 25,1909
Dec. 4,1918
Oct. 18,1920
Nov. 13,1925
May 24,1875
Aug. 14,1903
Sept. 9,1902
Jan. 27,1903
Mar. 13,1923
Dec. 12,1927
Jan. 16,1928
Aug. 12,1870
July 22,1907
Nov. 25,1870
May 20,1865
Feb. 17,1886
Aug. 25,1903
July 21,1905
Feb. 17,1914
50,000
25,000
25,000
110,000
200,000
50,000
50,000
100,000
40,000
25,000
"50,000
2o,00Q
200,000
35,000
60,000
25,000
100,000
60,000
25,000
100,000
25,000
50,000
50,000
100,000
100.000
30,000
25,000
7305
11057
9640
68
1317
4^70
7270
8503
9554
11277
119Q0
12855
2270
6953
6458
6662
12338
13154
13169
1784
8820
1745
1521
3482
6961
7859
10493
Failures
Capital
Receiver
appointed
Dec.
194,000
$50,000
100,000
50,000
50,000
125,000
74, 750
50,000
Dec.
51,000
25,000
54,250
1,643.275
1,828,000
573,600
114,250
118,500
132,250
12,500
7,875
815,000
105,000
192,000
58, 625
76,000
50,000
50,000
25,000
400, 000
500,000
200,000
50,000
100,000
50,000
25,000
50,000
25,000
200,000
35,000
60,000
25,000
200,000
60,000
25,000
100,000
50,000
50,000
75,000
100,000
100,000
30,000
25,000
426,200
115,300
410,500
600, 740
339,000
513,000
49,500
74,500
13,1933
do
do
Dec. 15,1933
do_
Lawful
money
deposited
Circulation outstanding
at date
of failure
$50,000
$50,000
50,000
"Bo'ooo"
~~75,"666
75,000
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$77,191
564,117
33,368
37,007
259,716
Total
deposits
at date of
failure
o
$617,449
"" 195," 195
125,893
732,633
18,1933
12,500
12,500
79,946
189,343
do
do
do
Dec. 19,1933
.do.
do
do
.do.
....dodo
-..do
do.
.....do
Dec. 20,1933
Dec. 21,1933
—.do.
— .do
—.do_
do.
Dec. 26,1933
....do
Dec. 27,1933
Dec. 28,1933
.do.
.—.do
—do
,—do
50,000
25,000
19,000
400,000
50,000
25,000
19,000
400,000
100,000
50,000
100,000
50,000
40,161
167,280
32,490
406,086
1,109,418
259,287
99,965
100,000
65,063
81,735
170, 798
12,300
408,081
32,140
13,662
10,036
216,262
4,256
15,213
339,433
42,776
55,915
49,521
474,498
251.239
15,162
544,788
242,755
290,756
4,212,610
4,151,235
1,958,617
207,604
50,000
50,000
46,200
"46,~266~
200,000
35,000
60,000
24,700
200,000
35,000
60,000
24,700
60,000
60,000
100,000
49,997
50,000
24,760
49,400
78,570
29,700
25,000
100,000
49,997
50,000
24,760
49,400
78, 570
29,700
25,000
I
925,280
161,831
562,445
3,243,276
122,902
666,974
104,879
1,111,885
443,549
87,218
887,595
276,857
760,971
494,501
1,533,772
1,037,997
541,345
419,405
7
First National Bank, Wyandotte, Mich.
7 —
First National Bank, Litchfleld, Nebr.
—
7
First National Bank, Lykens, Pa.
First National Bank, Woodsfield, Ohio 17
Public National Bank, Rochester, N. H.
Exchange National Bank, Hastings, Nebr.i • 7
Commercial National Bank, Fond du Lac, Wis. _
Morris National Bank, Morris, Minn.?
First National Bank, Chattanooga, Tenn.**7
Pittsfield National Bank, Pittsfield, Maine
First National Bank, East Palestine, Ohio '
Union National Bank, Massillon, Ohio 1
First National Bank, Finleyville, Pa.?
Farmers National Bank, Lake Geneva, 7Wis.7
First National Bank, Branchville, N. J. 7
Palmyra National Bank, Palmyra, N. J.
Fort Fairfield
National Bank, Fort Fairfield,
Maine7
First National Bank, Crafton, Pa.77___
First National Bank, Roseto, Pa.
_
Calais National Bank, Calais, Maine 7 7
Farmers National Bank, Houlton, Maine 7
Citizens National Bank, Stoughton, Wis.
First National Bank, Burnham, Pa.7
Farmers
& Wabash National Bank, Wabash,
.Ind. 7
_._
_
Montpelier National Bank, Montpelier,
Ohio 7._.
7
First National Bank, Monticello, 111.
7
First National Bank, Savanna, 111. 7
First National Bank, Mascoutah, 111.
State National Bank, Peru, 111.7
_..
First National Bank, Chadwick, III.77
First National Bank, Hampshire, 111.
7
National Bank of Niles Center, 111. .
National Bank of Bellows Falls, Vt.7
Caribou National Bank, Caribou, Maine 77
First National Bank in Ponca City, Okla.
Anaheim First National Bank, Anaheim, Calif.7.
Farmers-Merchants
National Bank, Princeton,
Wis.7
Crestwood National Bank, Tuckahoe, N. Y.7___.7
Mount Airy National Bank in Philadelphia. Pa.
Commercial National Bank in Jefferson, Tex.*__.
National Bank of Pico, Calif.7
_._
7
National Bank of Orange County at Chelsea,
7 Vt.
Miners National Bank, Ishpeming, Mich.
7
First National Bank, Birdsboro, Pa.
Salt Springs National Bank, Syracuse, N. Y.7__.
Wilshire National Bank, ,Los Angeles, Calif.7—.
Cedar Rapids
National Bank, Cedar Rapids,
Iowa l
Footnotes at end of table.
14,1924
2,1906
24,1917
15,1900
28,1920
21,1903
29,1901
15,1902
25,1865
15,1889
20,1902
10,1865
6,1902
4,1900
20,1904
2,1920
150,000
25,000
50,000
50,000
100,000
100,000
125,000
25,000
200,000
50,000
25,000
100,000
25,000
30,000
25,000
50,000
4781 May 23,1892
6010 Mar. 5,1901
13002 Oct. 7,1926
1425 May 30,1865
4252 Jan. 27,1890
9304 Nov. 25,1908
11257 Sept. 21,1918
50,000
25,000
50,000
100,000
50,000
50,000
25,000
354,800
71,625
5341
4826
8540
9736
13577
5619
11602
13218
1653
6190
9801
10228
June 13,1902
Apr. 21,1900
Nov. 17,1892
Jan. 30,1907
Mar. 28,1910
Nov. 9,1931
Nov. 1,1900
Jan. 26,1920
June 14,1928
June 12,1865
Feb. 12,1902
June 28,1910
June 26, 1912
100,000
50,000
100,000
50,000
50,000
150, 000
25,000
25,000
100,000
100,000
50,000
50,000
50,000
288, 950
164,900
459, 500
166,250
172,750
12575
12940
13113
13450
13179
4929
5668
3905
1287
12577
Aug.
Mar.
Aug.
Apr.
Feb.
Sept.
Dec.
Apr.
May
Aug.
30,1924
18,1926
8.1927
3,1930
4.1928
9,1893
26,1900
26,1888
20,1865
14,1924
40,000
50,000
100,000
25, 000
50, 000
50,000
100,000
50,000
200,000
200,000
8,000
7,000
150,000
486,000
276,750
2,249,000
52,000
do
40,000
do.
100,000
do_
125,000
25,000 Jan. 16,1934
do
50,000
50,000 Jan. 17,1934
do_
100,000
50,000 Jan. 19,1934
800,000 Jan. 22,1934
200,000 - _ do_
Feb. 28,1887
100,000
1,447, 500
600,000 Jan. 23,1934
12616
8093
11062
5414
11893
3086
6015
6310
1606
4188
6593
1318
6420
5592
7364
11793
3643
June
Feb.
July
May
Oct.
Nov.
Oct.
Apr.
Oct.
Oct.
Dec.
June
Sept.
Sept.
June
July
150,000
6,000
25,000
89,250
50,000
39,750
50,000
106,000
150,000
73,000
100,000
149,000
500,000
829,375
25,000
30,500
4,261,250 2,500,000
50,000
261,500
25,000
37,250
150,000
763,250
25,000
26, 750
50,000
103,100
50,000
81,500
50,000
21,500
605,170
223, 500
78, 500
3,500
124,081
23,250
9,000
687,000
126,500
195,000
62,500
doDec. 29,1933
do
Jan. 2,1934
do
do
dodo
Jan. 3,1934
do
do__ do
Jan. 4,1934
Jan. 5,1934
Jan. 6,1934
do _
200,000 Jan. 8,1934
do
50,000
50,000
do
100,000 Jan. 9,1934
50,000
do
50,000 Jan. 10,1934
25,000
do
160,000
60,000
150,000
100, 000
100,000
150,000
50,000
25,000
100,000
100,000
100,000
50,000
75,000
Jan. 11,1934
Jan. 12,1934
_ _do
do
do
do
...do ,.
do
do
Jan. 15,1934
do_
do .
do
148,821
52,701
121,196
40,714
50,536
81,605
634,169
76, 324
6,003,349
101,743
56, 556
142,508
74, 591
141,889
105,951
223,400
653,572
156,451
196, 747
752,650
2,069,675
12, 500
50,000
760, 769
215,229
62,957
49,400
25, 000
50,000
25,000
49, 400
25,000
50,000
25,000
189,710
130,681
38,350
1,092, 787
806,628
259,106
1,760.098
742,161
387, 036
138,644
157, 550
37, 500
99,600
98,860
49,997
50,000
49,600
157, 550
37, 500
99, 600
98,860
49,997
50,000
49, 600
99,250
12, 500
49,250
50,000
99, 250
12, 500
49, 250
50, 000
100,000
100,000
49,997
100, 000
48,260
49,997
100,000
48,260
50,000
10,000
50,000
48,980
100,000
50,000
10,000
50,000
48,980
100,000
372,450
25,000
372,450
25,000
50,000
25,000
50,000
25,000
25,000
50,000
25,000
12, 500
25, 000
50,000
25,000
12, 500
12, 500
50,000
241, 784
52,173
44,284
54, 574
96,316
53,130
26,433
84,702
161,172
825,839
46,146
262,080
345,231
261,411
9,193
39, 367
23,092
191, 605
145, 881
1,144, 260
103, 656
1,608, 526
2,628,689
148,303
1,991,189
1,249,328
538,860
350,660
728,896
337,790
1,459,185
438,103
627,083
616,396
654,291
1,372,748
119,811
185,383
868, 539
480,305
1,131,645
1,107,639
368,375
307,918
393,973
377,513
125,389
863,714
2,147,928
814, 354
4,158,850
285,038
TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
First National Bank, Darby, Pa.7__
_
Seven7 Valleys National Bank, Seven Valleys,
Pa.
_
_
First National
Bank & Trust Co., Yonkers,
N. Y.7
_
_.
Edisto National Bank. Orangeburg,
S. C.7
First National Bank, Eaton, Colo.77
_.
First National Bank, Olive, Calif.
First National Bank, Radclifie, Iowa*
_
Mount Vernon National
Bank & Trust Co.,
Mount Vernon, Ind.1
_7
First National Bank, Van Buren, Maine
National City Bank, New Rochelle,r N. Y.7
_
First National Bank, Greenup, Ky.
__
_
First National Bank, Linton, Ind.7 7
First National Bank, Logan, W. Va.
First National Bank, Youngsville, Pa.i
Farmers National Bank, Fairfax, S. Dak.* 7
First Inland National Bank, Pendleton, Oreg. —
First National Bank, Brockport, N. Y.7
__.
First National Bank & Trust Co., Mamaroneck,
N. Y.i
_
_.
Wabash National Bank, Wabash, Ind.i
_.
United States National Bank, Vancouver,
Wash.'
7
First National Bank, Marietta, Ohio7
First National Bank, Jasonville, Ind. 7
First National Bank, Edgewater, N. J.
First National Bank, Johnstown, Pa.7.._
First National Bank, Bryan, Ohio 7
_.
Seneca National Bank, West Seneca, N.
Y.7
Farmers National Bank, Bryan, Ohio 77
First National Bank, West Allis, Wis.
First National Bank, Hempstead, 7N. Y.7
Bright National Bank, Flora, Ind.
Security National Bank, Randolph, Nebr.7
Charter
no.
Date
4428
July 15,1890
$50,000
9507
May 25, 1909
25,000
653 Dec. 9,1864
10650 Oct. 19,1914
6057 Dec. 7,1901
10891 July 25,1916
6435 Sept. 15,1902
12780
10628
6427
7037
7411
8136
8165
12325
13576
382
June
June
Aug.
Oct.
July
Feb.
Mar.
Feb.
Oct.
Apr.
5411
3935
9646
142
7342
8401
51
237
12925
2474
May
Aug.
Jan.
Nov.
July
July
June
Oct.
July
Mar.
June
Mar.
Dec.
Nov.
8014
7477
Total
dividends
paid during existence as a
national
banking
association
Failures
Capital
Receiver
appointed
$407,500
$250,000
Jan. 23,1934
19,250
25,000
150,000
100,000
25,000
25,000
50,000
1,394,774
195,000
107,138
3,500
124,000
1,000,000
110,000
50,000
25,000
50,000
do
do
Jan. 26,1934
do
Jan. 30,1934
22,1925
9,1914
18,1902
31,1903
25,1904
19,1906
10,1906
3,1923
19,1931
4,1864
50,000
25,000
100,000
25,000
50,000
50,000
30,000
50,000
400,000
50,000
3,000
62, 250
945, 500
107,000
170,300
283, 500
64, 500
50,000
75,000
500,000
50,000
100,000
150,000
50,000
50, .000
400,000
75,000
do
Jan. 31,1934
Feb. 1,1934
do
do..
.do.
.....do
do.—
do
Feb. 2,1934
28,1900
15,1888
11,1910
14,1863
11,1904
12,1906
15,1882
8,1863
27,1925
26,1880
27,1903
2,1893
13,1905
2,1904
50,000
120,000
100,000
50,000
25,000
25,000
100,000
50,000
50,000
50,000
25,000
50,000
25,000
50,000
287,000
392,000
64, 500
1, 654,250
130, 250
20, 500
2,177,000
663,335
9,000
473, 500
264, 375
700,000
41,250
150,750
150, 000
200, 000
100,000
500,000
50,000
50, 000
400,000
150,000
50, 000
200,000
150,000
500,000
25,000
50,000
.....do.
do
Feb. 5,1934
do
do
.—.do
do.
Feb. 7,1934
do
Feb. 8,1934
Feb. 9,1934
Feb. 13,1934
do
do
Capital
do
Lawful
money
deposited
$100,000
Circulation outstanding
at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$100, 000 $1,229,963
25,000
25,000
36,277
295,700
110,000
49,995
15,000
295,700
110, 000
49,995
15,000
4,459,262
622, 361
84, 703
13,401
8,056
12,500
12, 500
24,640
100,000
12,500
47,960
24,640
100,000
12, 500
47, 960
~~99~995"
50,000
""99," 995'
50,000
100,000
500,000
25,000
39,050
397, 650
149,640
100,000
500,000
25,000
39,050
397,650
149,640
198, 500
148, 560
250,000
25,000
50,000
198, 500
148, 560
250,000
25,000
50,000
153,235
257, 350
3,119, 707
10,450
701
946, 739
53,183
31,099
1,208, 898
158,607
Total
deposits
at date of
failure
to
Jg
O
$2,967,666
209,439
12,746, 547
1, 560,498
255,432
69,927
o
o
S
o
F
269, 084
7,127, 736
397,467
846, 220
1,978,112
3,181, 589
1,444,630
1,852,011
27,085
9,211
1,023, 579
687,257
2, 329,475
30, 531 . 382,473
81, 643
890,871
2,372, 076 11,011, 789
103,863
802,053
143,334
627, 266
64, 268
1, 382,020
342. 688
1, 548,112
248,801
4,149, 523
300, 822
26, 298
197,421
129,419
d
3
o
<
First National Bank, Mountain Grove, Mo.7
Union National Bank, Scranton, Pa.?
Macon Ridge National Bank, Delhi, La.? 7
Elmhurst National Bank, New York, N. Y.
Newtown National Bank, New York,
N. Y.?
First National Bank in Lowell, Ind.1
7
First National Bank in Ness City, Kans.
Citizens National Bank, Eureka, Kans.2 7
County National Bank, Clearfield, Pa.?
Citizens Third National
Bank & Trust Co.,
Greensburg, Ind.7
-- 7
_
First National Bank, Enosburg Falls,
Vt.
First National Bank, Coeburn, Va.7
_..7
First National Bank & Trust Co. in Orlando,
Fla.
First National Bank, Holly Grove, Ark.7
7
First National Bank & Trust Co.,Fleetwood,Pa.
.
Farmers National Bank, Oxford, Pa.7
First National Bank & Trust Co. at7 Flint, Mich.7
First National Bank, Freeland, Pa.
First National Bank, East Rutherford,7 N. J.7
First National Bank, Clarksville, Tex.
National Bank of Hudson. Wis.7
First National Bank in Webster Groves,
Mo. 7 ...
First National Bank, La Grange, 111.77
First National Bank, Fremont, Ohio
7
First National Bank, Eaton Rapids, Mich.
First National Bank, Lyndhurst, N. J.7
Stockgrowers7 & Farmers National Bank, Wallowa, Oreg.
--Yardley National Bank, Yardley, Pa.7____
First National
Bank
&
Trust
Co.,
Ludington,
Mich.7..
_
1
Mobile National Bank, Mobile, Ala.
First National Bank, Urbana, 111.7
Collingswood National Bank, Collingswood,
N. J.
7
Capital National Bank, Lansing, Mich.
First National Bank, Manawa, Wis.7
7
First National Bank, Dawson Springs, 7Ky.
9
First National Bank, Dillon vale, Ohio
First National Bank, Granville, 111.7
Farmers National Bank, Cotton Plant,7 Ark.7
Grand National Bank, St. Louis, Mo.
Taylorville National Bank, Taylorville,7 111.1
Farmers National Bank, Garner, Iowa
New Albany National Bank, New Albany,7 Ind.:
Second National Bank, New Albany, Ind. 7
Citizens National Bank, South Bend,7 Ind.
First National Bank, Mayville, Wis.
Wisconsin National Bank, Watertown,
Wis.7
First National Bank, Ambler, Pa.7
Bethlehem National Bank, Bethlehem, Pa.7
Footnotes at end of table.
25,000
500,000
25,000
200,000
200,000
50,000
25,000
50,000
500,000
Feb. 19,1934
Feb. 21,1934
do
. do
do
. . do_—
do
Feb. 23,1934
Feb. 26,1934
12,320
500,000
25,000
100,000
12,320
500,000
25,000
100,000
25,000
<2)
495, 237
25,000
(2)
495, 237
_ do
do
_.
Feb. 27,1934
.._. do
do .
do_
do
... do
_.
Feb. 28,1934
Mar. 1,1934
do
__. do
do
Mar. 2,1934
Mar. 5,1934
do
do
140,000
19,995
100, 000
50,000
10,000
125, 000
73, 800
200, 000
75,000
140,000
19,995
100, 000
50, 000
10,000
125, 000
73, 800
200, 000
75, 000
11,000
734, 500
277,475
116, 500
150,000
25,000
100,000
200,000
25,000
125,000
75,000
400,000
150, 000
50,000
50, 000
50,000
100, 000
100, 000
200, 000
50,000
100,000
50,000
50,000
95, 500
233, 500
50,000
125,000
50,000
200,000
50,000
25,000
100,000
25,000
25,000
25, 000
50.000
25,000
200,000
150, 000
25,000
300,000
100, 000
100,000
50,000
50,000
55,000
50,000
542, 500
30,000
511,500
147,132
987, 500
62, 500
4,800
172, 375
69,000
12, 750
202, 000
186, 000
87,000
1,300,050
1, 084,000
934, 250
29, 500
484, 250
420, 750
696, 681
100,000
200, 000
50,000
100, 000
600,000
25, 000
40, 000
50, 000
50. 000
25, 000
700, 000
150,000
50,000
150,000
300, 000
700,000
50, 000
75, 000
250,000
300, 000
7282 M a r . 3,1904
8737 M a y 4,1907
10912 Sept. 11,1916
13035 Jan. 5,1927
13379 Sept. 6,1929
5931 July 11,1901
8142 Feb. 17,1906
5655 Dec. 3,1900
855 Feb. 6,1865
25,000
500,000
25,000
200,000
200,000
50,000
25,000
25,000
2844
7614
6899
10069
12296
8939
2906
10997
6175
12228
3973
10510
12781
12653
5
2367
10417
8,1914
26,1925
18,1925
23,1863
3,1877
20,1913
50,000
25,000
25,000
50,000
25,000
25,000
75,000
200,000
50,000
50,000
50,000
50,000
100 000
100,000
100,000
50,000
50,000
549, 750
39, 750
198, 566
149,000
16, 250
161,000
254, 250
424, 000
177, 250
11,000
264,000
80, 000
Oct. 26,1907
Oct. 25,1889
9002
4207
2773
13195
2915
7983
8148
8710
11548
5618
10458
12219
12220
8940
8367
775
2166
4764
10653
1010
3220
3961
Dec.
Feb.
July
Aug.
Dec.
June
Feb.
Apr.
Feb.
May
Jan.
Apr.
June
Feb.
May
July
May
Aug.
Mar.
Mar.
Nov.
Jan.
Feb.
Nov.
Sept.
Oct.
May
June
Apr.
Aug.
Jan.
Aug.
May
Sept.
Feb.
May
Dec.
4,1882
11,1905
21,1903
1,1911
7,1922
20,1907
27,1883
13,1917
15,1902
31,1922
28.1882
24,1928
29.1883
1,1905
16.1906
16.1907
21,1919
20,1900
17.1913
29,1922
5,1922
6,1907
22,1906
3,1865
6,1874
2,1892
19.1914
27,1865
12.1884
10,1888
100,000 •
51,500 |
780,000
16, 250
83,000
62, 750
110, 250
3,067,847
99, 550
25, 000
99,997
99, 550
25, 000
99,997
6,1934
7,1934
25, 000
100,000
25,000
100, 000
Mar. 8,1934
._ do
Mar. 13,1934
__ do
do
Mar. 14,1934
do
Mar. 15,1934
do
Mar. 19,1934
do
.._ do_._.
Mar. 20,1934
Mar. 23,1934
do
___ do
do
Mar. 26,1934
do
do.
99,160
99,160
12,500
100,000
600,000
25,000
40, 000
50,000
12, 500
100, 000
600, 000
25, 000
40, 000
50,000
500,000
500,000
25, 000
99, 550
292, 850
700, 000
50,000
25, 000
99,550
292, 850
700, 000
50,000
100, 000
50,000
100, 000
50,000
Mar.
Mar.
50,806
1,451,031
73,844
105,957
138, 218
34, 305
116,384
(2)
1,175,007
149,800
2,911,055
137, 404
752. 607
451,093
225,
745
(2)
3, 428, 707
j
O
314. 538
122,082
108,842
515,525
33,879
202, 724
137,105
667, 224
65,900
96,712
29,673
'55,000
102,425
10,417
263,663
102,957
329,261
597,057
614,276
211, 297
2,114, 277
30, 597
567, 716
408, 388
6, 697, 624
2, 035, 377
455,028
288, 430
358, 080
162, 718
536,677
2,076,116
415, 795
970,938
100,680
166,108
105, 567
489,780
164,204
186,858
1,167,783
87,666
82,492
106,153
53,166
41,020
340, 729
300,125
127,282
398,239
129,980
1,914,520
69,703
127,305
507,481
1,484,873
138, 818
325, 699
tel
873,847
o
647,096
1, 217, 393
12,439, 374
300, 777
236,144
430,162
370,989
63, 204
1, 833, 496
267,944
801,311
1, 753, 371
2,811,264
317,405
848,186
1, 741, 486
4,335,044
§
o
o
3
tel
a
3
l
SO
TABLE NO. 42.—National banks in*charge of receivers during year ended Oct. 81, 1935, dates of organization and appointment of receivers, to
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United oo
CD
States to redeem circulation to Oct. 31, 1935, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
Old National Bank, Waupaca, Wis. 7
First National Bank, Honaker, Va. 7 .._ 7
First National Bank, San Gabriel, Calif.
First National Bank, Conrad, Iowa 7*
First National Bank, Windsor, Mo.
Boulder National Bank, Boulder, Colo.3 7 7
First Sterling National Bank, Sterling, 111.
Farmers & 27Merchants National Bank, Headland, Ala.
7
2790 Elk National Bank, Fayetteville, Tenn.
7
2791 First National Bank, Hillsdale, Mich.
7
2792 First National Bank, Toledo, Ohio
7
2793 First National Bank, Fayetteville, Tenn.
7
2794 State National Bank, Shawnee, Okla.
7
2795 First National Bank, Perry, Okla.
7
2796 First National Bank, Webster Springs, 7W. Va. _.
2797 Citizens National Bank, Franklin, Ind. 7
2798 Carlstadt National Bank, Carlstadt, N . J.
2799, First National Bank, Grundy Center, Iowa i
2800 First National Bank, Napoleon, Ohio i 1
2801 First National Bank, Hendricks, Minn.
7
2802 First National Bank, Clarion, Pa.
2803 First National Bank, Camden, Ark.3 7___ 7
2804 Farmers National Bank, Fayetteville, Tenn.1
Ark.
2805 Arkansas National Bank, Fayetteville,
7
2806 First National Bank, Rockwood, Pa.
&
Merchants
National
Bank,
Rockwood,
2807 Farmers
Pa. 7
7
2908 First National Bank, Council Bluffs, Iowa .7 .2809 Tower City National Bank, Tower City, P a . . .7.
.
2810 First National Bank & Trust Co., Frackville,Pa.
7
2811 First National Bank, Mott, N . Dak. »__
K
y
.
'
2812 Carrollton National Bank, Carrollton,
7
2813 First National Bank, Oxford, N . Y.
2782
2783
2784
2785
2786
2787
2788
2789
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
Failures
Capital
Receiver
appointed
4424
10252
12253
9447
9519
3246
1717
Sept.
Aug.
Sept.
Apr.
July
Aug.
Sept.
6,1890
5,1912
5,1922
24,1909
12,1909
19,1884
15,1870
$50,000
25,000
60,000
25,000
60,000
50,000
100,000
$197,500
77,100
26,000
20,000
34,000
261,250
1,184,829
$50,000
35,000
60,000
25,000
50,000
50,000
200,000
Mar. 26,1934
do
Mar. 27,1934
Mar. 28,1934
do
do
Mar. 29,1934
11445
8555
168
91
2114
6416
6972
8360
3967
5416
3225
5218
6468
774
4066
10198
8786
5340
Aug.
Jan.
Dec.
June
June
Sept.
Sept.
June
Jan.
May
July
July
Aug.
Jan.
June
Apr.
June
Apr.
25,1919
31,1907
16,1863
10,1865
9,1873
2,1902
15,1903
30,1906
3,1889
21,1900
10,1884
12,1899
6,1902
23,1865
22,1889
18,1912
8,1907
28,1900
60,000
75,000
50,000
200,000
60,000
100,000
50,000
25,000
50,000
30,000
50,000
50,000
25,000
100,000
50,000
50,000
100,000
25,000
53,800
246,000
537,083
3,481,500
363,360
255,000
121,875
17,000
304,250
195,000
282,000
117,000
87,250
562,000
378,375
48,000
276,500
114,500
60,000
75,000
100,000
500,000
60,000
100,000
50,000
25,000
100,000
100,000
50,000
50,000
25,000
100,000
150,000
50,000
150,000
25,000
do
Mar. 30,1934
Apr. 3,1934
do
Apr. 9,1934
do
do
do
Apr. 10,1934
do
Apr. 11,1934
do
do
Apr. 16,1934
do
do
_ do
Apr. 20,1934
9769 May 4,1910
1479 June 1,1865
6117 Jan. 22,1902
7860 June 22,1905
9489 June 26,1909
3074 Oct. 23,1883
273 Feb. 10,1864
25,000
50,000
25,000
50,000
25,000
60,000
70,000
11,250
982,000
199,750
202,648
106,800
194,900
895,000
25,000
300,000
50,000
125,000
50,000
60,000
100,000
do
do
do
Apr. 23,1934
do
_.
Apr. 25,1934
do
Lawful
money
deposited
Circulation outstanding
at date
of failure
$50,000
25,000
$50,000
25,000
49,520
49,520
149,150
149,150
73,950
99,600
498,150
60,000
100,000
25,000
6,250
73,950
*99,600
498,150
60,000
100,000
25,000
6,250
100,000
100,000
100,000
110,000
50,000
100,000
110,000
50,000
25,000
25,000
200,000
50,000
50,000
49,960
60,000
99,120
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
$109,677
116,518
92,143
21,136
73,794
75,991
112,110
Total
deposits
at date of
failure
I
$596,588
346,420
239,918
140,759
433,370
1,274,042
566,084
766,461
5,425,869
294,118
1,386,178
411,123
406,553
480,473
865,611
25,000
222,940
123,363
752,999
60, 240
137,440
58,429
34, 513
123, 787
255,980
54,821
69,921
61, 656
13,065
166,089
17,100
225,009
95,429
25,000
200,000
50,000
50,000
49,960
60,000
99,120
51,626
443,894
140,423
283,381
72,729
139,385
83,000
100,960
2,003,362
1,205,060
1,359,548
488,797
651,427
836,873
1,475,196
823,192
127,677
516,138
o
Whitman
County National Bank, Kosalia.
Wash. 7
East Berlin National Bank, East Berlin, PaJ
First National Bank, Naperville, 111.'
Lee County National Bank, Marianna,
Ark.*
First National Bank, Bradford, Ohio 7
First National Bank, Indiana, Pa.?
First National Bank, Elton, La.7
Planters National Bank, Fredericksburg,
Va.i...
City National Bank, Goshen, Ind. 7
First National Bank, Beaver Falls, 7Pa. 7 ..
First National Bank, Midland, Md.
Peoples National Bank, Bronson, Mich. 7
Hewlett-Woodmere
National Bank, Woodmere,
N. Y.7
__._
Lincoln National Bank, Lincoln, 111.7- 7
Peoples National Bank, Lakewood, N. J.
Coldwater National Bank, Coldwater, Mich. 7 ...
Hancock County National Bank, Carthage, Ill.7 7_
Commercial National Bank, Philadelphia,
Pa. —
First National Bank, Charleroi, Pa. 7 .—
First National Bank, Clifton Heights, Pa.7 7
American National Bank, Marshfield, Wis.
First National Bank, Hartford City, Ind. 7
Farmers National Bank, Crystal Lake,
Iowa7...
First National Bank, Antigo, Wis. 7 .- 7
Langlade National Bank, Antigo, Wis.
American-First
National Bank, Mount Carmel,
111.7.
First National Bank, Breese, 111.7
_
First National Bank & Trust Co., Ford
City, Pa. 7
First National Bank, Tigerton, Wis. 7 . 7
Citizens National Bank, Winterset, Iowa
First National Bank, Frostburg, Md.7_._ 7
First National Bank, West Concord, Minn.
First National Bank, Saegertown, Pa. 1
Aurora National Bank, Aurora, HI.7.. 7
First National Bank, La Junta, Colo.7
First National Bank, Secaucus, N. J. 7
First* National Bank, Tuscumbia, Ala.
First National Bank, Howell, Mich. 7
Ocean City National Bank, Ocean City, N. J.7._
First National Bank in Sea Bright, N. J.7
_.
First-Farmers National Bank, Arcanum, Ohio 7 ._
Herkimer National Bank, Herkimer, N. Y.i 7
First National Bank, Mingo-Junction, Ohio
First & Tri State National
Bank & Trust Co.
Fort Wayne, Ind. 1
First National Bank, Darlington, Wis.7
Northwestern 7National Bank & Trust Co., Philadelphia, Pa.
Footnotes at end of table.
9273
6878
4551
10854
9163
313
11541
10325
2067
3356
5331
9704
Sept. 28,1908
May 27,1903
Feb. 26,1891
May 4,1916
May 6,1908
Dec. 10,1863
Nov. 13,1919
Feb. 4,1913
Sept. 25,1872
June 2,1885
Apr. 24,1900
Mar. 7,1910
25,000
50,000
50,000
25,000
200,000
50,000
75,000
50,000
50,000
25,000
25,000
138,000
372,388
479,250
59, 750
67,500
50,000
25,000
75,000
80,000
125,000
200,000
50,000
100,000
100,000
150,000
25,000
50,000
do
Apr. 26,1934
Apr. 27,1934
May 1,1934
do
May 2,1934
do
May 3,1934
May 8,1934
do
May 9,1934
do
12294
3369
7291
1235
1167
3604
4534
6275
5437
6959
9853
5143
5942
Nov.
July
May
May
Feb.
Dec.
Mar.
Apr.
June
July
Sept.
AUg.
Aug.
29,1922
1,1885
21,1904
30,1865
24,1865
7,1886
12,1891
17,1902
7,1900
18,1903
22,1910
31,1898
1,1901
50,000
60,000
50,000
100,000
50,000
200,000
50,000
50,000
50,000
50,000
25,000
50,000
50,000
12,500
672, 000
234, 500
771, 000
433, 067
3, 643,500
281, 750
167, 250
335, 250
60,875
19,000
319,250
249, 500
50,000
150, 000
150, 000
100,000
140,000
2,000, 000
50,000
50,000
150, 000
75,000
25,000
100, 000
100,000
5782
9893
5130
5446
2002
4149
5362
11910
2945
4507
9380
11281
11586
12521
13552
4839
5141
5694
Apr.
Oct.
June
June
May
Oct.
May
Dec.
Apr.
Nov.
Mar.
Dec.
Jan.
Nov.
June
Dec.
July
Nov.
5,1901
14,1910
24,1898
9,1900
11,1872
30,1889
7,1900
31,1920
30,1883
19,1890
17,1909
17,1918
19,1920
16,1923
2,1931
10,1892
30,1898
24,1900
50,000
50,000
50,000
25,000
50,000
50,000
25,000
25,000
100,000
50,000
25,000
50,000
100,000
100,000
50,000
50,000
75,000
25,000
280, 625
90,000
326, 750
63,450
480, 250
219, 000
108,000
12,750
942,000
241,500
110,500
61,500
86,000
4,000
100,000
50,000
125, 000
40,000
11
3161
May 6,1882
Mar. 20,1884
300,000
50,000
2,867,868
312,000
3491
Apr.
200,000
1,456,750
3,1886
40,000
118,500
94,000
273,375
63,800
118,750
1, 706,000
140,875
665, 000
121,250
200,000
50,000
50,000
25,000
300,000
50,000
100,000
75,000
100, 000
100,000
50,000
100,000
200,000
25,000
243,938
932,240
421,293
387, 619
309, 569
3, 771,991
64,000
98,000
148,120
25,000
50,000
64,338
47,307
266,310
194, 663
143,047
803,530
12, 619
212,301
299,200
206,881
40, 614
73,422
12,130
150, 000
146,600
100,000
75,000
950, COO
50, 000
49,150
150, 000
50,000
25,000
98,950
100,000
12,130
150, 000
146,600
100, 000
75, 000
950, 000
50, 000
49,150
150, 000
50, 000
25, 000
98, 950
100, 000
179, 776
232,426
503, 567
156, 530
85, 713
4,892,140
359, 645
393,246
585,916
65, 759
39, 993
125, 797
139,343
947, 395
1,306, 298
1,415, 597
557,993
642, 535
8,150, 620
1, 786, 566
1,257,191
946, 771
345, 992
78, 759
1, 018, 602
762,824
98,950
50,000
124,100
39, 500
199,100
49, 050
50,000
98, 950
50,000
124,100
39,500
199,100
49, 050
50, 000
1,472,732
239. 043
1, 506, 601
253,619
451,805
1,218,519
280,627
99,150
49,100
25, 000
39,450
98, 050
79,500
99,150
49,100
25,000
39,450
98, 050
79, 500
100,000
100, 000
25,000
25,000
362, 039
35,598
225,946
29,953
45, 732
333,870
69,625
25,650
1, 044,598
84,188
307,445
62,803
86,116
347,943
52,529
76,836
1,158, 653
76, 029
74,500
74,500
160,439
147,457
572,289
197,400
197,400
3,043,562
3,820,635
43,000
25,000
123, 300
198,500
123, 300
198,500
98,000
148,120
25, 000
50,000
do
May 10,1934
May 14,1934
May 15,1934
May 22,1934
do.
do
do
May 23,1934
do
do
May 31,1934
do
do
do
June 4,1934
do
do
do
June 6,1934
._ . do
June 18,1934
do
do
do
do
dodo
June 21,1934
do
do
2,250, 000 June 22,1934
75,000 June 25,1934
500,000
43,000
25,000
do
768,774
1,085,934
234,277
210,912
3
n
feJ
i
1, 707,192
298,033
1,042,915
347,029
400, 663
427,910
222, 732
260, 502
687,424
OO
TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 31, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 31, 1935, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
First National Bank, Dalhart, Tex.?
First National Bank of Mt. Healthy, Mount
Healthy, Ohio <
First National Bank, Bellevue,7 Iowa 7
National Bank of Ionia, Mich. 7
-.
First National Bank, Millen, Ga.
Burnside National Bank, Burnside, Pa.7
Ticonic National Bank, Waterville, Maine
*
Security National Bank, Clinton, Okla.7
First National Bank, Chickasha, Okla.
21
7
First National Bank, Livingston, 111. 7
First National Bank, Hooversville, Pa. .. 7
Citizens National Bank, Hooversville, Pa.
National Bank of Ashland, Nebr.7
Citizens National Bank, West Alexander, Pa.7_.
First National Bank, Lima, Mont. 68
Merchants
& Farmers National Bank, Charlotte.
N. C.7
l
Farmers National Bank, Haviland, Ohio
First National Bank, Forest City, Pa.7
Farmers
& Miners National Bank, Forest City,
Pa.7
Second National Bank, Erie, Pa.7
Citizens National Bank, Faribault, Minn.7
Valley National Bank, Green Lane, Pa.7
American National Bank, Lincoln, 111. 1
Southwestern National Bank, Philadelphia,
Pa.7.
First National Bank, Bridgeville, Pa.77
First National Bank, Scribner, Nebr.
First National Bank, Foley, Minn.7_
National
Bank of Shawneetown, Shawneetown,
111.7
_
__._
First National Bank, Patton, Pa.7
Charter
no.
Date
Capital
Total
dividends
paid during existence as a
national
banking
association
Failures
Capita]
Receiver
appointed
Lawful
moneydeposited
Circulation outstanding
at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
Total
deposits
at date of
failure
3,1903
$25,000
$162, 625
$75, 000
June 25, 1934
$75, 000
$75, 000
$120, Oil
$300,814
24,1905
2,1923
9,1901
17,1908
11.1920
3,1865
15.1921
19,1900
21.1920
27,1902
17,1919
26,1883
24.1921
3,1919
25,000
75,000
50,000
25,000
50,000
100,000
50,000
25,000
25,000
25,000
25,000
50,000
25,000
25,000
99,875
22,875
238, 600
37,000
6,000
582, 000
65,500
300,750
75, 000
75,000
150, 000
25, 000
50,000
200,000
50, 000
200, 000
25,000
25, 000
25,000
60,000
25, 000
25, 000
do
do
June 26,1934
do
do
June 28,1934
do.
July 5,1934
do
July 12,1934
do.
July 16,1934
do
July 19,1934
74,050
74, 050
147, 700
24, 650
49, 350
147, 700
24, 650
49, 350
140, 694
138, 279
121, 472
47, 398
42, 610
567, 633
92,024
968, 524
390, 909
1,115, 091
37,960
102, 096
()
24,700
25,000
25, 000
60,000
25,000
25,000
()
24,700
25,000
25, 000
60,000
25,000
25,000
39,839
65, 296
51,165
8,203
16,895
1781 Jan. 17,1871
10436 Aug. 1,1913
5518 June 4,1900
150.000
25,000
25,000
1,437,828
3,000
276,750
200, 000 July 24,1934
25,000 Aug. 9,1934
150,000 Aug. 10,1934
200,000
200,000
50,000
200,000
80,000
25,000
50,000
200,000
50,000
25,000
25,000
66,750
2,380,667
480,400
67, 750
455,500
496,000
49,000
74,000
72, 500
50,000
500,000
80,000
50,000
150,000
300, COO
50,000
25,000
25, 000
.—.do
25,000
200,000
Sept. 21,1934
do
6762
Mar.
7661 Feb.
12303 Jan.
5789 Apr.
9088 Mar.
11902 Dec.
762 Jan.
12050 Nov.
5431 May
11845 Sept.
6250 Mar.
11413 July
2921 Mar,
11993 May
11492 Oct.
9248 Aug.
606 Nov.
1863 July
9084 Jan.
3613 Dec.
3498 Apr.
6636 Jan.
6901 July
7933 Aug.
7752
4857
18,1908
14,1864
21,1871
30,1908
18,1886
13,1886
5,1903
3,1903
25,1905
Apr. 24,1905
Sept. 13,1893
25,0001
50,000_.
~~~65~250"
31, 500
280,300
48,500
55,250
432,000j
Aug. 13,1934
Aug. 14,1934
Aug. 15,1934
do.
Aug. 17,1934
Sept. 20,1934
do._
~~5O~666" "~5O~666~
50,000
250,000
50,000
250,000
400,854
(2)
155, 360
341, 732
232,998
221,109
302, 242
41,950
532,931
13,057
157,022
1,306,458
617,870
8,457,648
1,019, 507
522,935
197,473
1, 586,520
50,000
50,000
49,997
50,000
8,000
25, 000
49, 997
50,000
8,000
25,000
240, 391
952,074
379,332
179,869
276,366
1, 034, 202
125,958
209,192
125,795
25,000
200,000
25,000
200,000
76,898
269,902
1,085,121
1,135,026
643, 205
473,360
144,970
to
00
to
First National Bank, Bethesda, Ohio ?_ 7
First National Bank, West Milton, Ohio
National Bank of Pontiac, 111.7 7
First National Bank, Clinton, Ky.
Sixth National Bank, Philadelphia, Pa. < 7
First National Bank, East Rochester, N. Y.
Crystal Falls National Bank, Crystal Falls,
Mich. 7
Iron County National Bank, Crystal Falls,
Mich.'
Farmers National Bank, Hodgenville, Ky. 1
Merchants National Bank, Pottsville,7 Pa.7
First National Bank, Malvern, Ark.1
First National Bank, Greene, N. Y.
Farmers
National Bank & Trust Co., Bedford,
Pa.7__
First National Bank & Trust Co., Bedford, Pa.7_
Reading
National Bank & Trust Co., Reading,
Pa.7
Citizens National Bank, Greenwood, Ind.7
First National Bank & Trust Co., Hamburg, Pa.7.
Ozone Park National Bank, New York,7 N. Y___
First National Bank, Rockwood, Tenn.
FirstNationalBank,Shenandoah,Pa.7
Farmers
National Bank & Trust Co., Reading
Pa.7
First National Bank, Gratz, Pa.1 7
_
Peru National Bank, Peru, 111. 7
First National Bank, Lanark, 111.
First National Bank, Pleasantville, N. J.7 7
First National Bank in Manistique, Mich.
7
Penn National Bank & Trust Co., Reading, Pa.
.
First National Bank, West New York, N.7 J.7
Citizens National Bank, Shenandoah,
Pa.
First National Bank, Robinson, 111.1 1
_.
First National Bank in Harrison,
Ark. ..
National Bank of Herndon, Va.8
1
First National Bank, Seabright, N. J.
First National Bank, Nephi, Utah 77.
__
First National Bank DuQuoin, 111.
Eau Claire National Bank, Eau Claire, Wis.L__.
American National Bank, Shreveport, La.11
Citizens National Bank, Winchester, Ky.
First National Bank, Pender, Nebr.8Farmers National Bank, Sardinia, Ohio 81
Citizens National Bank, Barnesville, Ga.
Old First National Bank, Mount Vernon, Ind.1..
Footnotes at end of table.
5602 June 21,1900
9062 Feb. 22,1908
2141 Mar. 25,1874
9098 Feb. 21,1908
352 Mar. 18,1864
10141 Dec. 19,1911
25,000
30,000
50,000
50,000
100,000
25,000
Nov. 20,1919
61,500
66,300
330, 500
134, 000
1,173, 250
136,915
25,000
30,000
50,000
50,000
300, 000
150,000
... do
do
Sept. 26,1934
do._
Sept. 29,1934
Oct. 10,1934
25,000
7,500
49,695
49,500
149, 998
150,000
25,000
7,500
49, 695
49, 500
149, 998
150, 000
50,000
43,307
43,164
383, 308
60, 791
2,622, 010
631, 241
535, 877
200. 401
909, 026
275,024
3, 426,956
909,492
50,000
50,000
50,000
21,425
454,817
15,1904
4,1903
22,1907
7,1905
16,1922
25, 000
30,000
200,000
25,000
50,000
184, 500
167,866
263,125
64,000
24,000
100, 000
do
110,000
do
125,000 Oct. 12,1934
25,000 Oct. 15,1934
50, 000 Oct. 20,1934
24, 700
24, 700
125,000
24, 500
125, 000
24,500
128,793
51,143
544,804
23, 448
271,834
1, 949, 748
128, 777
May
17,1918
Oct. 31,1883
25,000
50,000
67, 625
256, 750
150, 000 Oct. 26,1934
150,000
do
150, 000
49, 750
150, 000
49, 750
216,196
436,858
520, 521
908, 707
4887 Jan. 27,1893
8461 Oct. 31,1906
9028 Sept. 19,1907
12280 Oct. 30,1922
4169 Oct. 24,1889
3143 Mar. 14,1884
200,000
25,000
25, COO
200,000
50,000
100,000
1,688,500
60,750
184,750
55,000
221, 300
625,000
600,000
25, 000
125, 000
200, 000
80,000
100,000
Oct. 27,1934
Oct. 29,1934
Oct. 30,1934
. do
do
Nov. 7,1934
590,900
24, 700
122, 250
48,800
50,000
100,000
590, 900
24, 700
122, 250
48, 800
50,000
100, 000
3, 021, 681
72,975
249, 360
364,614
233,659
512,356
7, 263,125
207, 700
1, 049,122
1,396,657
843, 289
1,944,196
Dec. 31,1864
400, 020
25,000
50,000
50, 000
25,000
50,000
100, 000
100, 000
100, 000
50, 000
25, 000
25,000
25,000
50, 000
50,000
100,000
50, 000
126, 500
50,000
30,000
50,000
100,000
3,441, 688 1, 000, 020
50,000
78,625
100,000
289,000
50,000
336, 588
100, 000
162,898
50,000
4,000
1,264, 000 1,000,000
300, 000
190, 000
100, 000
280, 000
75, 000
265,630
25, 000
56, 750
25, 000
45, 500
50, 000
22, 250
50, 000
435, 719
100,
000
295,000
150, 000
630,000
300,
000
467, 750
532, 750 11100, 000
50,
000
137, 000
30,000
10,350
50, 000
21,000
100, 000
70,000
Nov. 8,1934
Nov. 16,1934
Nov. 21,1934
do
do . .
Nov. 22,1934
Nov. 26,1934
Dec. 14,1934
Dec. 19,1934
Dec. 27,1934
Jan. 10,1935
do
Jan. 28,1935
Feb. 5,1935
Feb. 6,1935
Apr. 15,1935
Apr. 19,1935
July 25,1935
do... _ _
do
Aug. 29,1935
Sept. 16,1935
575,000
50,000
575, 000
50,000
6,809, 523
427, 336
B6,666
50, 000
100, 000
2, 336, 093
80, 613
284,936
64, 292
602,891
149, 096
1,278,302
2, 518, 445
242,843
76, 225
8,748
11547
7525
7634
12174
11188
3089
9473
2951
1755
6508
13513
2899
12064
9247
5049
10801
9635
5926
3537
4737
2759
8440
2148
4791
12013
12404
12466
Dec.
July
Oct.
Feb.
Mar.
May
8,1909
Apr. 28,1883
Nov. 22,1870
Oct. 9,1902
Nov. 11,1930
Mar. 3,1883
Nov. 14,1921
July 28,1908
July 1,1896
Nov. 9,1915
Oct. 25,1909
July 9,1901
June 25,1886
Apr. 11,1892
July 17,1882
Jan. 16,1886
May 6,1874
Aug. 2,1892
Aug. 6,1921
June 15,1923
Oct. 30,1923
50,000 .
do
100, 000
100, 000
97,850
100,000
24, 500
100,000
166,666
97, 850
100, 000
o
o
o
406,490
971, 865
320, 654
3, 463,930
3, 532,187
1, 453,137
312, 860
24, 500
100,000
756, 213
47, 543
280,416
626,991
193,155
333, 000
94, 535
41, 333
404, 356
2,142, 695
a
204, 494
267,666
69, 593
124,098
to
8
TABLE NO. 42.—National banks in charge of receivers during, year ended Oct. 81, 1985, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, lawful money deposited with Treasurer of the United
States to redeem circulation to Oct. 81, 1985, circulation outstanding, borrowed money, and total deposits at date of failure—Continued
Organization
Name and location of bank
2932
Commercial National Bank, Bradford, Pa. 8
Livingston County National Bank, Pontiac, DLL
Grand total (1,568 receiverships).
Total active (1,405 receiverships)
Total liquidated and finally closed (152
receiverships)
Total restored to solvency (11 receiverships)
Total 1935 failures (25 receiverships)
Charter
no.
Date
4199 Jan.
1,1890
1837 Apr. 14,1871
Capital
$100,000
50,000
Total
dividends
paid during existence as a
national
banking
association
$990,500
415,250
Failures
Capital
Receiver
appointed
$300,000
50,000
Sept. 30,1935
Oct. 15,1935
Lawful
money
deposited
Circulation outstanding
at date
of failure
Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure
Total
deposits
at date of
failure
$4,613,782
116,636,590 431,991,992 236,175,105
LO$U4,785,254 $115,158,434 $379,274,233 1,922,637.086
108,537,590 412,611,880 226,005,105
0111,340,853 111, 714, 033
7,619,000
18,206,876
9,385,000
480,000
1,881,520
1,173,236
11,067,248
785,000
4,305,020
3,444,401
369, 790, 611 1,878,514,758
3,444,401
9,483,622
44,122,328
1,297,350
9,965,504
(2)
27,275,171
2
()
1,297,350
i Receiver appointed to levy ana collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation.
* Restored to solvency (11 banks).
*4 Licensed banks closed through revocation of license with appointment of conservator, subsequently found insvolent and placed in receivership ( 3 banks).
Final closing effected through "termination loan" obtained from Reconstruction Finance Corporation.
* Suspended under terms of bank holiday proclamation without subsequent appointment of conservator (1 bank).
* Licensed banks found insolvent and immediately placed in receivership (3 banks).
7 Formerly in conservatorship.
8
Federal Deposit Insurance Corporation appointed as receiver in accordance with terms of Banking Act of 1933 (5 banks).
* Liquidated and finally closed during the report year ended Oct. 31,1935 (152 banks).
10
Circulation liability of $373,180 assumed by First National Bank at Pontiac, Mich. (no. 2381) (accounting for difference between lawful money and outstanding circulation
totals).
» Including $25,000 preferred stock.
to
00
3
fel
O
o
g
o
tt
3
o
TABLE NO. 42-A.—District of Columbia State chartered banks and banks incorporated under the laws of the District of Columbia, under the
supervision of the Comptroller of the Currency, in charge of receivers during the year ended Oct. 81, 1935, dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, borrowed money and total deposits
at date of failure
Incorporation
Name and location of banks
9a
10a
lla
12a
13a
14a
International Exchange Bank, Washington, D. C_
__.
North Capitol Savings Bank, Washington, D. C
Bank of Brightwood, Washington, D. C
_
Departmental Bank, Washington, D. C
Continental Trust Company, Washington, D. C.1
Park Savings Bank, Washington, D. C*
Northeast Savings Bank, Washington, D. C.2-_.2
__j
Chevy Chase Sayings Bank, Washington, D. C. _
_.
Washington Savings Bank, Washington, D. C.2 2
Seventh Street Savings Bank, Washington, D. C.
Potomac Savings Bank of Georgetown, Washington,
D. C.2.
United States Savings Bank, Washington, D. C.2
Woodridge-Langdon Savings & Commercial Bank, Washington, D. C.2
Industrial Savings Bank, Washington, D. C.2
._
Total.
Jurisdiction under laws
of which incorporated
Date of incorporation
Arizona
.do
..do.
-do.
District of ColumbiaAlabama
Arizona
.—do
do
West Virginia..
Virginia
West VirginiaArizona
June
Sept.
Apr.
Aug.
Jan.
Aug.
Dec.
Dec.
Jan.
July
Feb.
May
Sept.
District of Columbia
Mar. 25,1913
30.1921
3,1912
26.1922
24,1920
25,1912
28,1909
20,1915
11.1920
15,1917
1,1912
28,1903
16,1906
15.1921
Capital
authorized
$300,000
100,000
100,000
500,000
500,000
50,000
100,000
50, 000
50, 000
50,000
50,000
100,000
50, 000
5,000
2,005,000
Total dividends paid
during existence as a
State bank- Capital
ing association
Failure
$46,096 $116,830
90, 000
112,143
100, 030
2,000
106, 060
2,077
615,000 1,000, 000
165, 000 100,000
92, 783 100,000
26, 000 100,000
100,000
28,000
127, 500 100,000
228, 283 140,000
427, 591 100,000
50, 000
25,000
26, 963
50,000
Receiver
appointed
July 14,1932
do
July 16,1932
July 22,1932
Feb. 28,1933
July 13,1933
Nov. 15,1933
do
Dec. 7,1933
Dec. 21,1933
Jan. 18,1934
Feb. 10,1934
Apr. 9,1934
Sept. 20,1934
1,924, 436 2, 252,920
Borrowed
money
(bills pay- Total deable, redis- posits at
counts,
date of
etc.) at
failure
date of
failure
$112,129
111,857
25,000
150,000
1,028, 047
593, 555
456,830
113,592
144, 200
302,080
626,456
499,193
135, 393
238,
273
4, 536,605
$452,850
1, 027,862
839,380
802, 373
5,766
3, 379, 554
1,121, 795
737,017
360, 548
1,175, 620
2, 377, 436
1, 894, 067
355,957
590, 227
3
S
o
o
o
15,120, 452
i1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation.
Formerly in conservatorship.
to
oo
286
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 and earnings, together with the disposition of such collections, and
Name and location of banks
Farmers & Drovers National Bank, Waynesburg, Pa..
656 American National Bank, Billings, Mont
667 Citizens National Bank, Laurel, Mont
670 Commercial National Bank, Wilmington,
N.C.
744 First National Bank, Webster, S. Dak
781 First National Bank, Huron, S. Dak..
799 First National Bank of Fergus County in
Lewistown, Mont.
813 Drovers National Bank, East St. Louis, 111
816 City National Bank, Huron, S. Dak.i
887 National Bank of Commerce, Pierre, S. Dak_
909 Georgia National Bank, Athens, Ga_
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, Minn
939 Globe National Bank, Denver, Colo
955 Gregory National Bank, Gregory, S. Dak
959 Warren National Bank, Warren, Minn
975 Broadway National Bank, Denver, Colo
998 First National Bank, Shenandoah, Iowa
1004 First National Bank, Jonesboro, Ark
1018 First National Bank, Pepin, Wis
1019 First National Bank, Woonsocket, S. Dak...
1024 First National Bank, Waubay, S. Dak
1027 National Farmers Bank, Owatonna, Minn...
1031 Farmers & Merchants National Bank, Merced, Calif.
1037 Farmers & Merchants National Bank, Lake
City, S. C.
1060 Clarinda National Bank, Clarinda, Iowa
1063 First National Bank, Leeds, N. Dak
1070 First National Bank, Malvern, Iowa
1072 First National Bank, Haleyville, Ala__
1095 First National Bank, Beardsley, Minn
1098 First National Bank, Edgeley, N. Dak i» _
1106 Citizens National Bank, Albert Lea, Minn._
1108 First National Bank, Allegan, Mich...
1110 Farmers & Merchants National Bank,
Mount Morris, Pa.
1115 First National Bank, Dunbar, Pa
Provident
National Bank, Waco, Tex.i
1123
1128 First National Bank, Columbia City, Ind.._.
Farmers
&
Merchants National Bank, Alces1140
ter, S. Dak.
1141 First National Bank, Grafton, N. Dak
1162 First National
Bank, East Grand Forks,
Minn.19
1156 First National Bank, Bishop, Calif
1157 Citizens National Bank, Waynesburg, Pa
1177 First National Bank, New Cumberland,
W.Va.
1179 First National Bank, Checotah, Okla
1186 New Georgia National Bank, Albany, Ga.-_
1187 First National Bank, Minnewaukan, N. Dak*
1189 First National Bank, Mullens, W. Va
1201 Astoria National Bank, Astoria, Oreg
1208 First National Bank, Carrington, N. DakJ9...
1213 Commercial National Bank, Statesville, N. C
Footnotes at end of table, pp. 402-405.
469
Date receiver
appointed
Book value
of assets
at date of
failure,
estimated
good
Book value
of assets
at date of
failure,
estimated
doubtful
Dollars
200,000 Dec. 12,1906
Dollars
814,783
Dollars
2,013,406
150,000 Sept. 23,1922
35,000 Jan. 4,1923
200, 000 Jan. 31,1923
165, 067
63, 740
270, 200
102,694
1, 226,912
25,000 Jan. 2,1924
65,000 Mar. 14,1924
300,000 Apr. 12,1924
125,681
938,783
1,473,857
113,962
851,487
2,307,203
Capital
stock at
date of
failure
200,000
50.000
100,000
400,000
100,000
May
June
Feb.
Apr.
May
22,1924
10,1921
11,1925
17,1925
14,1925
365,514
351,033
597,405
1,916, 328
975, 738
223,923
743,757
497,425
30,000
150,000
250,000
200,000
50,000
50,000
200,000
50,000
100, 000
25,000
50,000
25,000
75,000
100,000
May 16,1925
May 22,1925
June 24,1925
Oct. 1,1925
Nov. 25,1925
Dec. 5,1925
Jan. 16,1926
May 13,1926
June 4,1926
July 23,1926
do
Aug. 20,1926
Sept. 10,1926
Sept. 23,1926
165,454
1,360,861
686,888
2,539, 757
249,092
75, 744
1,828,891
535, 529
229, 374
135,932
150, 314
33, 334
656,612
278, 992
104,954
87,000
1,451,826
1,397,671
193, 265
322,513
293,071
377,004
277, 776
128,487
137,140
92, 297
885,553
658, 287
100,000 Oct.
18,1926
308,68!
309, 764
50,000
25,000
50,000
25,000
25,000
85,000
50,000
50,000
25,000
Nov. 29,1926
Dec. 1,1926
Dec. 10,1926
Dec. 17,1926
Jan. 21,1927
Jan. 31,1927
Feb. 18,1927
do
Feb. 21,1927
327,800
64,314
122, 241
48,872
129,615
112,595
523, 039
426,298
241, 396
261,480
70,332
110,206
97,747
131,605
201,321
438,983
80,065
110,423
50,000
300,000
100,000
50,000
Mar. 7,1927
Mar. 26,1927
Mar. 31,1927
May 17,1927
266,910
163,121
512,727
136,778
498,470
240,680
50,000 May 25,1927
50,000 July 28,1927
227, 724
279,559
450,675
215,106
50,000 Aug. 15,1927
500,000 Aug. 17,1927
50,000 Nov. 21,1927
306,184
3,369, 712
115,516
330,486
1,841,822
161,392
50,000
200,000
25,000
25,000
200,000
50,000
100,000
186,5i;
568,49:
83,26L
149,568
1,296,51*
79, 23*
769,91.
81,455
633,460
93,810
87,107
953,690
291,387
195,038
Dec.
Jan.
Jan.
Jan.
Feb.
Mar.
Apr.
1,1927
4,1928
6,1928
16,1928
24,1928
26,1928
19,1928
287
REPORT OF THE COMPTROLLER OF THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 31, 1935
Progress of liquidation to date of this report
Book
AddiTotal
value of
tional
assess- Total assets
assets at
assets
Cash colment
date of
and stock
received
col- lections
upon
failure, since
assessment Cash
date
from
sharelections
estimated of failure holders
stock
from assets
worthless
assessment
Dollars
Dollar,
Dollars
130,499 1,993,274 200,000
Dollars
5,151,962
Receivership earnings, cash Unpaid
collec- balance,
tions from R.
F. C.
interest,
loan
premiums, rent,
etc.
Dollan
Dollan
Dollar, Dollars
1,529,108
149,320
78,830
Offsets
allowed
and
settled
Dollan
546,326
469
309,219
205,526
548,872
26,904
6,529
146,384
150,000
35,000
200,000
921,390
413,489
3,049,140
223,061
142,756
591,858
58,775
3,901
107,948
78,759
15,375
76,587
17,774
11,263
833,135
656
667
670
74,918
265,511
833,221
38,901
213,677
155,176
25,000
65,000
300,000
378,462
2,334,458
5,069,457
147,410
1,001,517
2,246, 546
9,041
27,058
172,907
21,134
128,375
227,276
18,435
84,855
582,335
744
781
799
164,452
14,083
200,000
1,095,082
530,875
100,706
22,566
32,928
351,952
585,896
524,290
51,741
157,026
24,818
100,000
400,000
100,000
1,325,021
3,803,007
2,122,271
681,335
1,898,879
1,202,488
43, 211
315,720
83,471
82,869
133,394
56,267
60,260
346,151
64,163
813
816
887
909
918
29,654
208,973
398,048
962,987
17,215
74,285
441,108
227,526
198,077
3,151
34,364
84,369
67, 493
436,698
15,517
6,032
118,184
337,599
39,644
20,872
69,424
345,579
1,812,866
2,904,946
5,438,014
549, 216
543,414
2, 832,494
1, 558,387
820,172
306,949
406,929
249,373
1,855,373
1,795,119
119,169
1,120,031
1,148,902
2,852,492
208,752
185,827
1,591,291
619,943
361,384
143,120
188,061
54,968
915,579
864, 371
11,302
91,697
165,068
89,477
30,817
12,499
38,318
50,000
57,567
11,360
23,829
6,502
21,706
48,995
28,814
30, 516
91,660
212,017
14,945
14,379
35, 111
14,373
170,715
321,142
30,000
150,000
250,000
200,000
50,000
50,000
200,000
50,000
100,000
25,000
50,000
25,000
75,000
100,000
20,365
103, 676
151,834
671,781
49,987
24,575
309,363
97, 295
35,795
10,467
27,095
23,071
137,093
95,335
919
922
928
939
955
959
975
998
1004
1018
1019
1024
1027
1031
193,358
27,623
100,000
939,432
314,966
75,478
42,455
99,732 1037
198, 543
34,490
108,100
13,999
18,148
24,877
26,337
248,461
39,348
72,368
1,196
35,051
189
13,432
74, 598
93,970
20,719
4,903
50,000
25,000
50,000
25,000
25,000
85,000
50,000
50,000
25,000
910,191
195,332
425,598
185,807
317,800
498,391
1,132,329
825, 543
421,070
330,008
92,453
181, 632
90,347
187, 349
220,913
679,426
399,922
225,768
23, 830
21, 219
30,541
14,390
6,614
68,360
31,408
19,845
23, 275
29,660
14,245
19,800
3,163
25,577
45,646
68,961
40,792
23,202
64,577
13,082
32, 674
5,814
19,035
17,629
78,068
31,981
20,044
25, 671
66,719
65,475
30,247
13,420
19,792
8,915
75,155
63,632
1060
1063
1070
1072
1095
1098
1106
1108
1110
28,015
15,325
54,874
68,468
50,000
300,000
100,000
50,000
523, 371
300,000
1,354,076
593,818
251,165
188,005
97,892
753,141
27, 517
282,800
76, 223
28, 270
1,787
58,532
32,467
33,094 1115
1123
76,516 1128
26,522 1140
260,775
45,609
33,308
50,000
50,000
1,053,043
623,582
450,512
396,801
40,387
15,930
22,194
36,989
76,960 1141
28,875 1152
91,002
479,048
392,001
257,684
503,712
34,820
50,000
1,035,356
6,194,294
753, 729
481,680
4,076,355
141,791
10,117
~~5o,~6o6
~~ 14,748
52,482
135, 775
15,134
136,648 1156
1157
"~48~ 614 1177
42,363
318,088
4,691
22, 244
445,399
60, 297
106,718
294,095
33, 232
5,365
115,571
95, 659
803,780
50,000
200, 000
25,000
25,000
200,000
50,000
100, 000
367, 229
2,014,134
239,99f
289, 284
3,011,175
576, 578
1,975,453
11,833
223,403
175,704
699,515
114,366
17,684
157, 211
2,526
1, 623, 230 124,808
238, 516
23,146
781,185
72,809
24, 435
68,157
16,449
6,247
117, 353
35,458
54,384
13,021
50,977
24,838
29,013
117,950
35, 215
168, 257
1179
1186
1187
1189
1201
1208
1213
288
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 and earnings, together with the disposition of such collections, and
1935—Continued
Progress of liquidation to date of this report—Continued
Disposition of proceeds of liquidation
Total collections
from all
sources,
including
offsets allowed and
unpaid
balance
R. F. C.
loan
Conservators'
distributions
Loss on
assets Book value
comremainpounded of
uncolor sold inglected
under
assets
order of
court
469
Dollars
Dollars
2,303,584 2,756,181
656
667
670
378,369
50,768
173,295 224,470
1,609,528 1,424,147
744
781
799
187,617
196,020
1,241,805 1,120,115
3,229,064 1,871,791
813
816
887
909
918
867,675 418,022
2,694,144 1,157,977
1,406,389
414,335
919
922
928
939
955
959
975
998
1004
1018
1019
1024
1027
1031
179,650
140,706
1,345,920 439,159
1, 557,464
510,578
3,825,767 1,713,741
318,236 213,749
248,572
283,012
2,005,691 727,100
832,713 791,099
484,993
60,483
178,367
128,362
258,777 141,773
93,456 146,334
1,149,533 497,758
1,072,333 333,344
687,075
Book
value of
remaining uncollected
stock assessment
Dollars
Dollars Dollars
120,347
50,680
479,787
62,971
68,785
331,279
65,404
341,285
35,339
843,632
26,728
4,740
50
262,510
229,943
402,069
Dollars
Dollars
On secured
claims
On unsecured
claims
Dollars
Dollars
1,286,325
91,225
31,099
92,052
10,740
4,406
38,773
98,896
13,007
394,541
15,959
37,942
127,093
3,524
72,663
9,610
94,123
259,994
1,437,432
99,294
387,059
56,789
84,280
16,529
357,762
8 46,425 91,103,954
1,189,114
18,698
58,303
84,932
110,523
19,183
37,501
161,682
42,433
13,640
26,171
18,498
53,294
51,005
1037
532,631
424,734
24,522
1060
1063
1070
1072
1095
1098
1106
1108
1110
448,075
140,999
264,647
113,714
238,575
352,548
857,863
492,540
292,289
465,606
64,797
161,292
64,646
86,416
174,849
255,889
326,155
8,089
68,946
17,485
142,169
26,170
3,781
19,459
10,610
18,386
16,640
18,592
30,155
1,725
1115
1123
1128
1140
340,046
284,587
964,412
391,826
33,778
155,334
279,348
213,367
145,071
1141
1152
590,053
478,595
475, 571
147,906
1156
1157
1177
680,927
4, 212,130
220,287
116,432
589, 570
38,399
86,507
8,598
5,514
2,000
23,831
5,365
1,170
9,613
34,070
39,883
272, 692
1179
80, 805
994,353 1,063,642
1186
173,337
1187
75,791
194,997
1189
10,789
67, 271
1,983, 341 394, 501
1201
675,494
332,335 252,847
1208
1,076,635 885,705
1213
40,306
Footnotes at end of table, pp. 402-405.
38,167
24,296
7,316
22,474
75,19?
26,854
27,191
41,621
206,068
473,584
2,326,194
73,206
58,488
1,452,248
24,1,228
142,391
128,119
110,009
33,838
667,385
504,870
288,121
897
229,510
95,409
148,656
48,541
185,259
260,333
597,627
206,483
191,736
276,733
281,643
621,193
269,816
22,483
17,200
23,777
21,092
250, 596
1,528,369
474,925
Book
value of
assets
returned
to share- To seTo unholders'
secured
cured
agents creditors creditors
Dividends paid
by receivers
9,524
470,584
329,029
381,511
» 4,074,166
66,119
35,252
77,802
3,594
11,911
4,125
97,795
285,927
127,040
85, 724
1,056,797
116,761
494.600
289
EEPOKT OF THE COMPTROLLER OF THE CURRENCY
1985, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Secured
and preferred
Receivliabili- Cash aders' salties paid vanced Conseraries,
except
in pro- vators' legal and
through
tection expenses other
diviexpenses
of assets
dends, including
offsets
allowed
Dollars Dollars
Dollars
80,660
754,094
Cash in
hands
of comptroller
and receivers
Amount
returned
to shareholders
in cash
Dollars Dollars
Dollars
136,098
46,407
107,703
129,349
1,041,448
24,785
1,263
114,11,
25, 270
134, 766
65,665
730,952
1, 582,186
2,10:
23, 309
20, 588
30, 601
100, 298
146, 561
22,130
54,589
32,687
Dividends
(percent)
Amount
of claims
proved
Dollars
1,570,643
75
230,888
1, 518, 354
2,777,899
42.0949
21
49
1/31/35
744
781
799
82.622
8/23/35
813
816
887
909
918
5,707
63,114
41,081
93,050
2,377
107,847
72,943
63,785
90,564
1,076,087
736, 239
1,263, 387
167,840
134, 669
348,430
414, 537
252,035
24,127
113,175
41,622
316,539
428,463
450
4,058
144,180
19,177
32,385
6,595
530
59,820
1,862
4,443
1,168
32, 258
29,208
37, 381
59, 707
101, 510
217,009
35,974
43,306
132,044
106,958
60,698
21, 678
29,060
16,826
115,052
99,637
186,678
744
57,188
526,002
172,667
27, 340
79,564
44, 775
24, 388
27,199
149,115
155,155
46,779
8,052
2, 543
9, 406
3,327
2,294
10,076
4,981
9,634
5,784
36,949
15, 707
27,021
17,071
26, 634
54, 940
81, 559
67, 396
35,956
24, 581
53,872
12,034
557, 401
115,031
199,477
109,455
232,168
245,492 io
793,899
516,685
294,980
41.339
82.949
73.76
44.35
77. 245
100.
75
40
65
66,458
9,214
327, 505
301, 754
955,801
359,770
84.5
93. 333
65
75
818,835
416,558
57.47
80.3333
33,693
900
174, 556
70,536
18,047
1,951
24,949
2.944
84,158
40,309
77,214
94,893
2,790
42,255
42,359
185,980
3,367
101,465
266
27,604
94
76,616
83,593
30,386
132,097
559,542
27,407
76,242
741,744
130,292
405,589
2,539
9,431
612
33
1,
28,336
3,126
40,261
61,651
18,278
18,276
115,744
45,035
106,655
468,493
9,634
233
72,439
8,170
4,176
18, 299
10,155
3,771
10/19/35
10/31/35
744,897
48
1,091, 689 8 100
1,651,154
72
180, 939
414,131
1,844,189
3, 705, 938
244, 639
351, 770
1,961,087
598, 788
347, 061
230,122
175,907
169.365
1,249,461
1,029,129
36,554
23,400
22,223
762,862
4,074,166
552,136
11,128
67,688
126,765
817,737
152,197
155,442
1,759,673
254,797
897.366
62,540
469
20
6.C65
25.683
231,195
15,444
Date
finally
closed
or restored
to solvency
511,531
287,164
1,655,640
334,481
1, 376,048
137,010
28,504
1,724
14,103
Interest
dividends
(percent)
23
49.77
29
62.539
29
18.194
74
40
40
55. 665
65. 588
20.67
53
49
5/21/35
4/18/35
~2/~ 8/35
5/ 1/35
1/26/35
8/ 7/35
53.71
50
«100
12
77.12
44.48
83.47
55
60
50.5
55
656
667
670
919
922
928
939
955
959
975
998
1004
1018
1019
1024
1027
1031
4/10/35 1037
io 5.99
2/26/35
1/3135
3/21/35
8/30/35
2/ 5/35
8/23/35
1060
1063
1070
1072
1095
1098
1106
1108
1110
1115
9/ 7/35 1123
1128
1140
8/12/35
6/19/35
1141
1152
1156
1157
1177
8/30/35 1179
4/12/35 1186
8/21/35 1187
1189
1201
8/29/35 1208
1213
290
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 and earnings, together with the disposition of such collections, and
1935—Continued
Name and location of banks
First National Bank, Bristow, Okla
First National Bank, Arcadia, Ind
First National Bank, Dublin, Ga
First National Bank, Aledo, 111
Carolina National Bank, Darlington, S. C
First National Bank, Cheraw, S. C
Fourth National Bank, Macon, Qa
First National Bank, Richland Center, Wis_.
First National Bank, Warren, Ind
..
Cass County National Bank, Castleton, N.
Dak."
1253 First & Moorhead National Bank, Moorhead,
Minn.
1258 Exchange National Bank, Spokane, Wash
1259 First Exchange National Bank, Coeur
d'Alene, Idaho.
1261 Minneapolis National Bank, Minneapolis,
Kans.
1263 First National Bank, Manchester, Iowa
1265 First National Bank, Avon Park, Fla
1266 First National Bank, Punta Gorda, Fla
1267 First National Bank, Bixby, Okla
1269 Carl ton National Bank, Wauchula, Fla
1270 First National Bank, Rockford, Iowa
1273 National Bank of Larimore, Larimore, N .
Dak."
1276 First National Bank, Sandersville, Ga
1277 National Bank of Emmetsburg, Emmetsburg,
Iowa.
_
1279 First National Bank, Sanborn, N. Dak
1280 Peoples National Bank, Adena, Ohio
1281 Reed City National Bank, Reed City, Mich..
1282 First National Bank, Ruthven, Iowa
1283 First National Bank, Sebring, Fla
1284 First National Bank, Lakeland, Fla
_
1285 First National Bank, Auburndale, Fla._
1287 First National Bank, Shinnston, W. Va
1288 First National Bank, Aneta, N. Dak.">
1290 First National Bank in Langdon, Langdon,
N. Dak.i»
1291 First National Bank, Mayville, N. Daki«L.__
1292 Polk County National Bank in Bartow, Fla,
1293 East Alabama National Bank, Eufaula, A l a 1294 National Bank of Newberry, Newberry, S. C .
1297 First National Bank, DeLand, Fla
1298 First National Bank, Sanford, Fla
1300 First National Bank, St. Augustine, Fla
1302 Miners National Bank, Blossburg, Pa
1304 First National Bank, Maquon, 111
1307 First National Bank, Montezuma, Iowa
1308 First National Bank, Eldorado Springs, Mo .
1309 First National Bank, Delta, Colo...
1312 First National Bank, Taylorville, 111.
1313 First National Bank, New Bern, N. C
1317 First National Bank, Tower City, N . Dak.i»_
1319 First National Bank,, Grundy,
y, Va
1320 Carolina
C l i
N t i l Bank,
B k Spartanburg,
S t b
National
S. O_1321 First National Bank, Greeley, Nebr.
1322 First NationalBankin Mount Sterling, 111
1323 First National Bank, Samson, Ala
1324 First National Bank, Seward, Pa
1325 First National Bank, Florala, Ala
Footnotes at end of table, pp. 402-405.
1214
1222
1231
1232
1235
1239
1242
1243
1245
1247
Capital
stock at
date of
failure
Date receiver
appointed
Dollars
50,000
25,000
200,000
50,000
100,000
50,000
500,000
50,000
25,000
25,000
Apr. 25,1928
July 3,1928
Sept. 24,1928
Sept. 27,1928
Nov. 2,1928
Nov. 14,1928
Nov. 26,1928
do
Dec. 7,1928
Dec. 10,1928
150,000 Dec. 24,1928
Book value Book value
of assets
of assets
at date of at date of
failure,
failure,
estimated estimated
doubtful
good
Dollars
380,301
122,20£
277,770
421,553
248,066
60, 535
8,123,464
153,637
105,789
187,197
1,
Dollars
245,257
102,141
911,439
98,004
361,998
131, 274
1,070,097
463,144
63,659
140,485
813,433
7,277,683
804,625
1,194,550
211,021
60,000 Feb. 9,1929
142, 500
274,462
Feb. 13,1929
Feb. 18,1929
do.
Feb. 20,1929
Feb. 21,1929
Feb. 23,1929
Mar. 5,1929
301,745
181,452
165,603
108,968
196,455
43,172
63,238
301,588
274, 513
261,903
71, 598
275,893
90, 652
102,306
50,000 Mar. 14,1929
60,000 M a r . 15,1929
77,510
303,761
378,082
441,349
25,000
50,000
25,000
25,000
100,000
100,000
50,000
90,000
25,000
50,000
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
50,910
296,523
189, 752
85, 764
85,097
731,968
109,667
458,887
35,134
113,710
56,235
325,168
59,678
142,649
232, 666
1,315, 256
236,338
456,963
152,126
173,490
50,000
200, 000
100, 000
100,000
100,000
150,000
130,000
50,000
35,000
50,000
50,000
50,000
200,000
150,000
25,000
50,000
200,000
25,000
50,000
100,000
25,000
100,000
June 25,1929
June 28,1929
July 1,1929
do
July 12,1929
July 15,1929
July 25,1929
July 30,1929
Aug. 14,1929
Sept. 16,1929
Sept. 23,1929
Sept. 25,1929
Oct. 18,1929
Oct. 26,1929
Dec. 10,1929
Dec. 13,1929
Dec. 30,1929
do
Jan. 7,1930
Jan. 8,1930
Jan. 10,1930
Jan. 13,1930
78,536
413,486
234,813
409,892
411, 626
535, 531
812,843
695, 771
118,657
149,375
105, 651
203,840
841,377
528,445
38,795
106,095
413,967
60,769
236,630
40,355
47,834
118,770
134,102
885, 600
294,669
700,759
877,755
1, 203,586
1,164, 714
378, 266
59,176
298,984
133,113
307,531
525,887
1,244,289
63,549
115,938
509,959
212,117
159,213
87,801
121,635
289,762
1, 000,000 Jan. 18,1929
100,000 Jan. 19,1929
50,000
100,000
50,000
25,000
50,000
50,000
25,000
291
REPORT OF THE COMPTROLLER OF THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 31,
Progress of liquidation to date of this report
Book
AddiTotal
value of
tional
Cash colassets
assets at
assets
ment Total
and stock
date of received
Cash col- lections
upon
from
failure, sines
assessment
lections
date sharestock
estimated of failure
from assets assessholders
worthless
ment
Dollars
73,177
12,554
561,448
97,699
115, 736
110, 309
938,815
204,104
32,768
34,873
184,253
1,492,690
125,967
Dollars
121,928
31,041
51, 228
6,610
79,463
28, 507
145,441
143,116
10,454
39,031
Dollar,
50,000
25,000
200,000
50,000
100, 000
50, 000
61,984
Dollars
870,663
292,941
2,001,885
673,866
905, 263
380,625
500, 000 10,777,817
1,014,001
50,000
237,670
25,000
426,586
25,000
Receivership earnings, cash Unpaid
collec- balance,
tions from R.
F. C.
interest,
loan
premiums, rent,
etc.
Dollars
Dollars
Dollars
Dollars
403,652
7,000
32, 210
176,115
21, 267
11,162
r
813,994
80,489
36,47
377,54^
33,974
29,991
361,640
26,945
46,573
86,296
6,577
24,311
7,349, 570 283,318
189, 710
277, 783
36,421
42,585
123, 266
11, 235
600
237,560
27,331
18,194
Offsets
allowed
and
settled
Dollars
36,379
9,518
106,828
31,686
96,876
30,911
991,113
68,414
12, 239
27,642
1214
1222
1231
1232
1235
1239
1242
1243
1245
1247
150,000
2,478,503
1,299,245
80,003
53,895
146,675 1253
714,207 1,000,000
13,024 100,000
11,679,130
1,254,637
7,524,858
810,307
691,629
34,057
267,412
36,107
800,291 1258
95,780 1259
280,881
113,618
60,000
871,461
250.379
47,612
23,227
52,402 1261
85,373
131,038
100,670
27,203
55,126
112,833
12,042
54,676
25,695
26,522
27, 510
98,803
65,903
25,971
50,000
100,000
50,000
25,000
50,000
50,000
25,000
793,382
712,698
604, 698
260, 279
676, 277
362,560
228,557
429,140
237,318
280,830
144,934
242.732
148,504
108,607
43,881
23,693
22,268
3,994
40,559
6,070
5,146
38,430
35,934
12,876
11, 777
16,094
6,928
10,374
39,149 1263
72,135
42,345
17,023
6,234
50, 000
60,000
594, 750
853,689
11,024
43, 374
13,813
24, 637
217
12,609
7,747
138
236,331
293,814
82,267
76,073
54,923
11,430
44,440
15,038
25,864
43,110
25,300
186,027
62, 913
24,490
28, 284
2,745
25,000
50,000
25,000
25,000
100, 000
100,000
50,000
90,000
25,000
50,000
176,802
699,338
308,041
296,661
679,394
2, 627,065
541,185
1,106,413
295, 467
351, 375
225,64:
388.865
64,047
411,301
104, 289
164.866
231.733
981,551
110, 561
630.380
137, 725
132,042
7,697
35, 200
11,831
12,769
20,453
30,153
9,362
84, 200
18,163
28,989
7,;
20,985
6,990
9,585
8,703
25, 212
9,889
57, 661
14, 228
31,116
18, 299
730,857
276,029
231,915
326,744
390,535
526,181
26, 716
90, 257
150,819
131,842
186,945
189,899
132, 785
40,887
2,396
68, 080
22,591
139,126
119,500
3,586
4,779
45,199
57,491
13,507
7,351
34,227
1,230
58,131
50,000
200,000
100, 000
100,000
100,000
150,000
130,000
50, 000
35, 000
50,000
50,000
50,000
200,000
150,000
25,000
50,000
200,000
25,000
50,000
100,000
25,000
100,000
134, 792
307, 653
940,119
2, 320, 200
423, 617
1, 056, 330
352, 495
1, 574, 408
803,147
1, 903,070
1,078,241
2,469,551
1,193,548
2,766,523
740,092
1,428, 607
138,759
231,583
282,180
682, 821
155,090
474,908
283,911
791,400
1, 010,027
1,894,571
519,365
2,145,191
50,396
136,024
120,361
354,623
511,885
1,568,747
121,384
370,366
484.734
985,987
89,346
380,384
82,267
258,826
680,082
239,747
27, 665
127,642
28, 425
42,403
14, 612
19,947
42,261
62,019
91,183
38,150
9,725
20,831
7,442
21, 836
68, 269
17, 615
6,190
11,956
18,365
8,302
8,027
3,360
16,401
11,672
16,354
116,382
163,553
90,903
207,807
218,871
3,901
37,391
387,330
58,973
532,793
118,001
63,127
113,4191
38,993
62,324
54, 305
112,221
116,018
38, 607
22,281
18, 518
28, 243
15,790
152,104
2,000
9,784
19,947
139,604
10,997
27, 658
13,682
7,462
50,494
400
52,062
19,515
50,842
9,631
21,854
1265
1266
1267
1269
1270
1273
18,543 1276
64,125 1277
13,700
32,600
4,700
3,478
25, 764
14,167
10,891
61, 531
257, 275
46, 730
62,338
32, 267
15,167
1279
1280
1281
1282
1283
1284
1285
1287
1288
1290
9,094
167,062
20,459
61,725
103,994
216,565
151,629
59,024
8,055
34,461
18,071
112,768
91,963
71,930
3,946
13,312
80,252
20,793
12,094
5,395
6,568
65,703
1291
1292
1293
1294
1297
1298
1300
1302
1304
1307
1308
1309
1312
1313
1317
1319
1320
1321
1322
1323
1324
1325
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 and earnings, together with the disposition of such collections, and
1935—Continued
Progress of liquidation to date of this report—Continued
Total collections
from all
sources,
including
offsets allowed and
unpaid
balance
R. F . C.
loan
1214
1222
1231
1232
1235
1239
1242
1243
1245
1247
Disposition of proceeds of liquidation
Conservators'
distributions
Loss on
assets
compounded
or sold
under
order of
court
Book value
of remaining uncollected
assets
Dollars
Dollars
3,109
479,241
22,550
218,062
95,314
1,037,788
61,203
473,198
532,034
74,487
213,418
148,095
1,151,606
8,813,711
425,203
580,386
38,178
147,340
136,384
310,727
Dollars
377,523
59,758
785,749
153,430
272,260
785,528
37,418
38,987
Book
value of
remaining uncollected
stock assessment
1,579,818
558,921
323,662
69,997
1258
1259
9,284,190
976,251
509,939
77,147
1,844,042
171,403
308,371
65,943
1261
373,620
148,613
360,067
12,388
1263
1265
1266
1267
1269
1270
1273
550,600
326,782
368,036
180,620
350, 227
171,133
145,981
87,740
99,469
67,601
19,188
332, 390
154, 425
73,096
187,353
246,074
154,205
51,642
313
6,119
76,307
27,732
21,006
9,441
43,930
19,854
1276
1277
269,022
521,001
18,918
167,766
281,647
172,933
38,976
16,626
1279
1280
1281
1282
1283
1284
1285
1287
1288
1290
83,115
493,250
137,277
198, 111
322,420
1,294,191
190,242
834, 579
202,383
207,314
84,277
11,781
164,585
95,904
116,925
352,631
32,881
7,653
100,475
154,166
1291
1292
1293
1294
1297
1298
1300
1302
1304
1307
1308
1309
1312
1313
1317
1319
1320
1321
1322
1323
1324
1325
199,976
1,277,226
497,681
529,091
1,003,707
1,469,046
1,552,378
875,873
178,820
355,990
208,846
434,305
1,322,363
610,910
70,316
170,276
750,106
161,476
532,513
111, 783
112,698
367,616
113,767
145,829
512,254
134,954
895,929
369,978
457,488
579,491
10,067
316,180
251,747
344,721
268,420
426,970
56,682
1,860
89,922
34, 929
17,732
16,911
10,529
102,079
169,205
935, 608
301,013
316,042
867,190
925,234
654,767
833,858
39,702
324,161
976,926
169,090
686,688
168,260
421,427
168,732
134,462
172,553
Footnotes at end of table, pp. 402-405.
To unsecured
creditors
Dollars
Dollars
Dollars Dollars
43,000
3,733
119, 511
16,026
53,427
25,689
216,682
7,415
24,400
6,806
1253
200,492
Book
value of
assets
returned
to share- To seholders,
cured
agents creditors
17,303
14,800
13,169
12,231
79,547
69,847
40,638
5,800
6,837
21,011
22,335
72,358
61,007
37,676
45,695
37,779
13,982
11,393
12,719
31,482
21,757
34,210
47,896
148,000
15,216
30,053
60,396
14,003
22,342
86,318
17,538
49,506
Dividends paid
by receivers
On secured
claims
Dollars
568
1,772
25,855
On unsecured
claims
9,194
Dollars
148,999
141,129
143,584
253,209
221,712
71,419
8 5,535,828
229,187
107,980
194,627
8 36,555
8 864,801
1,800
7,717
8 32,430
8 6,442,884
8 612,005
8 7,979
13,589
9,343
13,845
29,009
19,540
8129,919
9,111
6,912
5,718
68,645
34,638
13,515
41,433
25,164
69,954
23,091
3,011
12,497
3,798
665
23,369
115,480
388,168
70,186
247,521
72,470
160,218
99,096
98,704
29,981
375,402
49,712
267,744
68,475
142,423
56,402
8 443,635
33,919
610,892
97,147
62,396
135,145
86,057
79,335
227,105
312,022
675,653
278,330
8 685,337
107,237
267,669
127,052
182,627
762,381
35,341
62,930
392,709
46,359
71,924
16, 757
56,887
167, 575
293
REPORT OF THE COMPTROLLER OF THE CURRENCY
1985, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Secured
and preferred
liabilities paid
except
through
dividends, including
offsets
allowed
Receiv1 ash adsalvanced Conser- ers'
aries,
in pro- vators'
and
tection expenses legal
other
of assets
expenses
Dollars
Dollars
Dollars
254,955
3,856
50,756
V
803,612
5,268
139,605
23,306
249,407
1,228
50,755
183
2,884,069
10,847
98,736
5,791
18,959
74,980
1,232
Cash in
hands
of comptroller
and receivers
Amount
returned
to shareholders
in cash
Dollars Dollars
Dollars
16,030
54.833
5,1"""
17,819
53,924
5, 545
18,578
38.500
17,953
39,934
18,021
201,208 149,329
59,963
31,526
20,366
35
30, 694
539,402
3,992
61,171
73,897
2,282,681
314,384
172,718
772
180, 206
37, 296
205,701
3,815
Amount
of claims
proved
Dividends
(percent)
Dollars
423,906
160, 484
705,691
424,116
541,065
263,104
6,468,488
763, 795
184, 617
246,084
35
88
20
60
45
30.04
»84
30
58
78.82
1,488,115
8 58
93,334
21,605
54,751
74,861
509,018
25
8,354
25,234
4,182
434
240
3,115
3,299
34,873
47,813
32,574
25,34'
31, 327
20,354
17.501
17,625
16,913
13,527
8,959
17,497
517,944
311, 642
385,531
104,809
345,358
145,182
139, 230
75
25
64
69
45
68.26
68.93
161,231
65,307
3,100
30,840
54,084
14,861
26,208
393,279
627,948
15
60
22,159
155,968
41,""
153
24,209
60
5,019
6,387
24,121
6,782
20,540
7,922
3,013
11,091
39.073
26,877
13,782
31.834
73,798
32,604
49,906
25.074
37,026
627
19, 511
34, 317
73,951
34,150
52,931
61,312
73,079
93,272
54,938
17, 614
31,484
22,568
39,023
195, 627
571, 75"
106,675
138, 297
65,328
99,161
29,887
1,002,193
349,558
204,314
585,618
637,195
1,035,392
134,893
46,813
34,651
59,223
211,990
454,596
488,711
18,844
70,430
214,029
76,452
411,24
60, 233
30,205
134,846
28, 015
3,322
6,784
902
705
78
22,186
665
15,216
3,988
47,586
67,504
13,120
23,13£
69,005
26,207
32,497
19, 268
13,873
28,11
10,241
7,577
32:
3,327
1,837
599
34335—36-
-20
12, 630
50,961
1,151
14,944
26,869
3,211
"5l',l71
74,528
"""7,"078
19,493
50,707
3,540
54,289
8,339
16,84*
11,533
9,896
13,11
Date
finally
closed
or restored
to solvency
1214
1222
1231
1232
1235
7/20/35 1239
1242
1243
1245
6/15/35 1247
1253
6, 508,175
702,355 «87.5
101,580
157, 293
70, 23f
73, 410
127,100
48, 568
26,477
~~6~ 256
interest
dividends
(percent)
56,798
443,915
200,406
183,590
221,319
1,737,476
285,614
817,883
182,818
151, 297
86
60
33.65
77.24
25
»32
15
75
56.92
45.02
154, 569
87.4
547,225
16.5
488,525
23.33
987,512
23
1,044,181
33.85
1,257,078
55
1,189,675
23
1,110, 259 " 61.73
111,986
95
461,649
57.84
297,547
42.7
363,089
50. 258
839,876
1,202, 297
61,677
62.18
149,92:
41. 667
870,09
45
20
227,92S
16
452,45?
141,307
284,473
20
40
60
1258
1259
1261
1263
1265
1266
1267
1269
7/5/
1270
6/10/35 1273
1278
1277
3/14/35 1279
1280
4/13/35 1281
2/19/35 1282
1283
1284
1285
1287
6/25/35 1288
10/29 35 1290
6/18/35 1291
1292
2/11/35 1293
10/11/35
"6/19/35
5/8/3
7/18/35
2/23/35
5/28/3S
1294
1297
1298
1300
1302
1304
1307
1308
1309
1312
1313
1317
1319
1320
1321
1322
1323
1324
1325
294
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 and earnings, together with the disposition of such collections, and
1935— Continued
Name and location of banks
1327
1329
1330
1331
1332
1334
1335
1337
1338
1339
1342
1343
1345
1346
1347
1348
1349
1350
1351
1352
1353
1355
1356
1359
1360
1362
1363
1364
1366
1367
1370
1374
1375
1379
1381
1382
1383
1384
1385
1388
1389
1391
1392
1395
1396
1397
1401
1402
1403
1404
1405
1406
1407
1409
1410
1411
1413
1414
1416
First National Bank, Bishopville, S. C.
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, 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, Tallassee, Ala
First National Bank, Edmore, N. Dak i«
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, Iowa
First National Bank, Hazard, Ky. i
Peoples First National Bank, White Hall, IllFirst National Bank, Wanette, Okla
Pana National Bank, Pana, 111
Farmers National Bank, Oskaloosa, Iowa L..
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
First National Bank in Poultney, Vt
New First National Bank in Farmland, Ind.
First National Bank, Litchville, N. Dak.ia...
Union National Bank, Connellsville, Pa
First National Bank in Fresno, Calif
First National Bank, Grass Range, Mont
National Bank of Arkansas at Pine Bluff, ArkCitizens National Bank, Connellsville, Pa
Citizens National Bank, Galion, Ohio
First National Bank, McLeansboro, 111
Port Newark National Bank, Newark, N. J._
First National Bank, Ayrshire, Iowa
Farmers National Bank, Glenwood City, Wis.
Clymer National Bank, Clymer, Pa
First National Bank, Burt, Iowa..
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.LFirst National Bank, Auburn, Wash
Peoples National Bank, Brookneal, Va
Footnotes at end of table, pp. 402-405.
Capital
stock at
date of
failure
Dollars
100,000
400,000
35,000
500,000
50,000
100,000
25,000
50,000
150,000
25,000
25,000
50,000
25,000
25,000
40,000
25,000
25,000
25,000
250,000
Date receiver
appointed
Book value Book value
of assets
of assets
at date of at date of
failure,
failure,
estimated estimated
good
doubtful
784,467
179, 795
4,418, 264
64,376
280,845
29,144
53,359
1,022,251
64,838
157,941
190,440
151,606
41,616
213,643
46,040
122, 542
32,128
3,858,565
Dollars
494,952
611,767
133,521
2,070,569
236,112
269,102
50, 627
112.645
409,044
46, 351
73,270
94, 744
105,956
79,317
167,012
151,038
105,942
38,072
1,416,427
17,1930
18,1930
20,1930
24,1930
1,1930
9,1930
19,1930
22,1930
13,407
37,655
241,374
78,007
318,034
105,906
57, 212
307.646
127,487
553,102
189, 627
116,038
125,644
446,665
25,000 May 1,1930
30,000 May 13,1930
100,000 May 16,1930
154,867
201,856
202,160
118,464
27,951
763, 742
600,000 June 9,1930
100,000 June 20,1930
25, 000 June 25,1930
25,000 June 30,1930
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
do.
100,000
50,000 .....do-.
200,000 Aug. 8,1930
25,000 Aug. 12,1930
25,000 Aug. 22,1930
75,000
do.
40,000 Sept. 5,1930
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
1,977,477
709,925
58, 288
38,016
376.426
1,812,938
73,630
913, 376
1,234, 247
730,411
265, 528
306,884
68,433
91, 532
277,110
75,226
37.871
110.427
241,689
36.872
118,624
21,479
164,622
120,456
193,471
44,694
3,905,656
141,809
87, 705
149,302
381,485
1,950,672
74,489
1,089,340
1,875, 302
493,144
276,120
426,538
97,469
97, 769
361,067
266, 588
49,309
99,238
371,709
92,474
182,444
89, 111
141,238
36,492
306,655
366,355
367,841
225,799
441,404
184,434
50,000
100,000
100,000
25,000
100,000
100,000
50,000
50,000
Jan. 18,1930
Jan. 30,1930
do
Feb. 4,1930
Feb. 5,1930
do
do.
Feb. 17,1930
do
Feb. 20,1930
Feb. 25,1930
Feb. 27,1930
Mar. 6,1930
Mar. 8,1930
do.
Mar. 10,1930
Mar. 12,1930
Mar. 13,1930
Mar. 14,1930
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr,
Apr.
Dollars
295
EEPOBT OF THE COMPTROLLER OP THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 31,
Progress of liquidation to date of this report
Book
AddiTotal
value of
tional
assess- Total assets
Cash colassets at
assets
ment
and stock
date of
Cash col- lections
received
upon
from
assessment
failure, since
lections
date sharestock
estimated of failure
from assets assessholders
worthless
ment
Dollars
Dollars
Dollars
122,256
100,000
16,199
343,092
400,000
20,636
69,618
22,774
35,000
294,186
500,000
782,097
39,897
50,000
22.173
55,165
100,000
8,119
22,679
22,664
25,000
29,591
42,103
50,000
220,847
31,925
150,000
10,761
384
25,000
22, 221
3,056
25,000
33,423
50,000
76,612
27,367
25,000
42,171
25,000
638
41,712
18,885
40,000
40,516
79,070
25,000
3,341
25,000
770
9,462
25,000
43,267
525,912
250,000
208,421
Dollars
822,395
2,159,962
440,708
8,065,116
412,558
713,231
150,114
287,698
1,834,067
147,334
281,488
435,489
386,541
188,742
481,252
341,664
257,595
147,929
6,259,325
Receivership earnings, cash Unpaid
collec- balance,
tions from R.
F. C.
interest,
loan
premiums, rent,
etc.
Dollars
Dollars
Dollars
Dollars
Dollars
66,363
140,393
12,902
22,275
712,564 143,9L
77,368
51,937
18,200
261,147
15,531
17,573
4,813,145 114,458
156,344
623,459
78,200
9,008
142,689
15.213
6,486
66, 090
27,050
289,463
47,497
2,045
46,198
6,428
4,517
30,762
79,893
13,240
5,742
1,094,122 120,056
72,182
41,264
13,170
36,285
2,489
3,625
163,325
15,572
19,547
15,747
227.201
38,256
20,078
39,240
175.202
5,650
51,135
7,
45,482
13,150
9,757
3,952
21,711
197,676
38,062r
15,536
3,420
66,702
45, U
12,682
80,018
13,987
10, 257
3,905
31,595
11,153
12,439
1,652
3,358,972 170,216
975,504
35,881
67,638
249,688
11,820
1,979
22,585
78.174
11, 518
250
31, 535
101,692
50,000
100,000
100,000
25,000
100,000
100,000
50,000
50,000
259,870
315,968
688,816
337,123
1,017,446
100,250
464,444
964,083
64,744
27,934
272,933
153,821
471,816
250
169,819
454,158
26,493
45,225
60, 513
3,890
62,984
75,881
1,901
8,080
5,124
4,627
20,449
5,153
35, 787
1,213
5,131
37,220
68,138
199
222,790
3,175
37,054
133,487
25,000
30,000
100,000
359,644
297,060
1,422,179
116,052
108,556
410,188
4,738
6,406
35,188
5,964
5,831
74,423
394.067
212,190
5,779
5,030
47,611
487,867
16,365
274,851
87,043
56,032
110.068
94,811
209
20,429
117,632
17,334
5,414
7,095
42,819
9,963
66,223
5,354
24,344
32,071
70,180
94,753
853,631
6,026
13,227
15,875
22,289
53,047
4,812
133,977
94,448
170,679
10, 550
104
37, 628
31,601
16,877
35,663
32, 520
21,239
55,446
64,474
45,128
6,683
30,371
3,000
75,369
80r530
14
73,390
13,977
600,000
100,000
25,000
25,000
50,000
400,000
30,000
100,000
100,000
100,000
50,000
7,730,831 2,866,857
573,564
1,169,950
78,283
189,999
98,807
233,223
385,198
877,811
4,704, 524 3,122,443
71,899
199, 296
2,511, 544 1,192,945
3, 391,040 1,902,412
781,196
1, 550, 266
279, 544
712,266
828, 337
97,320
228, 739
128,116
266, 331
355, 505
847,686
149,172
434,811
52,986
150,114
107,247
262, 999
455,062
771,663
75,398
228,783
130,880
452,419
32, 510
152, 627
138, 591
385, 575
127,047
217,019
313,737
170,291
636, 332
1
65,014
537,809
1,044,801
210,274
529,574
336,852
86,808
20,119
14,011
34,026
274,205
7,162
47,602
64,895
75, 395
4,633
181,04'
23,913
3,918
7,638
29,005
69, 592
5,773
78,737
119,122
17,211
28,455
34,792
87,166
55,364
25,000
25,000
75,000
40,000
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
Offsets
allowed
and
settled
3,602
17,090
40,11
35,681
6,753
15,000
55,013
11,809
26, 535
15,609
12,465
12,028
39,439
28,035
57,718
12,197
17, 510
67,649
127,019
60,049
12,828
6,468
4,735
12,675
35, 575
12, 763
2,573
10.214
29,100
9,328
2,129
14, 971
8,831
15,275
13,176
756
46,416
15,185
1327
1329
1330
1331
1332
1334
1335
1337
1338
1339
1342
1343
1345
1346
1347
1348
1349
1350
1351
14,287 1352
1353
19, 363 1355
60,190 1356
36,243 1359
1360
52, 961 1362
106,606 1363
9,900
16,800
62,000
4,300
36, 597 1364
9,765 1366
65,86' 1367
507,955
57,412
7,701
12, 217
43,720
345,187
10, 908
255,144
74,420
136,064
35,088
2,889
22,873
20,416
44,882
23,119
3,990
17,434
45,279
11,162
6,101
10, 587
14, 597
10,818
28,358
29,749
1370
1374
1375
1379
1381
1382
1383
1384
1385
1388
1389
1391
1392
1395
1396
1397
1401
1402
1403
1404
1405
1406
1407
1409
1410
1411
1413
57,846 1414
23,043 1416
296
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 and earnings, together with the disposition of such collections, and
1985—Continued
Progress of liquidation to date of this report—Continued
Total collections
from all,
sources
including
offsets allowed and
unpaid
balance
E . F. C.
loan
1327
1329
1330
1331
1332
1334
1335
1337
1338
1339
1342
1343
1345
1346
1347
1348
1349
1350
1351
Conservators'
distributions
Loss on
Book
Book
assets
Book value value of value of
comassets
pounded of remain- remaining un- returned
ing uncolor sold
collected
to
share- To seTo unlected
under
stock as- holders'
cured
secured
assets
order of
sessment
agents
creditors
creditors
court
Dollars
Dollars
241,933
210,475
985,784
158,866
312, 451
31,107
5,785,606
489,061
173,396
82,446
430,100
120,906
59,188
49,908
129,637
144, 565
1,327, 624
53,878
55,569
83,560
214,191
3,073
324, 775
28,025
239,624
135,204
72,341
108,503
272,985
25,981
127,946
204,820
108,167
142,320
56,839
78,843
4,540,573 1,674,849
Dollars
358, 625
811,164
95,881
1,639,451
130,937
155,365
22,580
Dollars
Dollars
33,637
256,085
16,800
385, 542
40,992
33,910
22,955
19,238
463,885
29,944
11,830
74, 518
5,453
11, 744
91,023
19,350
11,850
179,533
18,289
21,580
11,013
52
13,847
79,784
1352
1353
1355
1356
1359
1360
1362
1363
110,648
77,786
373, 258
223,054
606,830
77,344
229,812
606,064
57,106
128,930
296,520
7,751
62,879
90,361
346,508
67,320
126,832
124,344
226,487
23,507
54, 775
39,487
21,110
37,016
24,119
48,099
41,920
1364
1366
1367
163, 351
130,558
595,566
20,831
49,461
182,917
161,164
99,278
663,207
20,262
23,594
64,812
3,892,711 1,208,258
741,697
79,035
110,021
28,875
132,673
97,199
491,949
19,140
3,811,427
381,922
95,742
16,966
1,580,140
195,129
2,230,746
264.298
1,052,704
159,941
332,093
193,500
637,751
197,050
128,530
83,546
178,297
92,799
476,079
132,973
220,735
105,544
66,302
68,138
149,895
28, 729
584,454
31,048
107,699
117,223
172,844
80,346
60,835
24,321
180,624
33,342
158, 724
54,154
396,809
96,888
241,251
61,276
58,475
13
654,268
128,364
270,312
23,100
2,547,761
359,939
50,140
263,148
13,192
4,881
10,989
15,974
125, 795
22,838
52,398
35,105
24,605
45,367
1370
1374
1375
1379
1381
1382
1383
1384
1385
1388
1389
1391
1392
1395
1396
1397
1401
1402
1403
1404
1405
1406
1407
1409
1410
1411
1413
1414
1416
Disposition of proceeds of liquidation
73,733
59,104
379,753
454,972
69,523
768,326
1,049,910
373,065
154,134
4
239,326
116,976
84,589
180,274
195,092
55,209
174,045
206,692
325,016
245, 782
223,157
Footnotes at end of table, pp. 402-405.
21,398
7,910
34,883
4,319
18,247
10,000
4,987
13,191
13,465
14,391
12,535
12,972
10,561
21,965
7,282
62,803
32,490
Dollars
Dollars
Dividends paid
by receivers
On secured
claims
Dollars
13,230
23,192
1,818
2,502
2,463
881
3,043
3,718
«591,644
30,000
2,385
3,494
69, 599
1,175
7,299
5,225
60,449
3,630
167,663
7,897
7,675
3,850
43,588
8,938
10,679
11,313
21,706
52,209
6,707
On unsecured
claims
Dollars
89,635
437,542
158, 497
1,965,874
51,902
300,819
10,913
77,328
991,148
16,271
141,466
175,207
133,332
29,033
124,991
17,009
46,449
24,429
8 2,746,845
46,222
3,243
267,759
56,837
218,448
13,383
143,419
53,200
36,494
281,550
1,481,025
532,355
61,407
79,447
354, 791
8 2,346,984
622,040
1,561,033
395,771
107,950
»613,381
51,588
81,319
324,772
149,675
22,831
81,453
151,950
33,852
16,962
24,083
115,805
103,964
321,173
50,568
329,308
131,707
297
REPORT OF THE COMPTROLLER OP THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Secured
and preferred
liabilities paid
except
through
dividends, including
offsets
allowed
ReceivCash adsalvanced Conser- ers'
aries,
in pro- vators' egal
and
tection expenses other
of assets
expenses
Dollars
Dollars Dollars
86,974
1,767
386,783
14,636
119,381
3,700
3,496,904
54,738
76,067
5,233
85,386
1,227
28,478
25,417
248,862
8,767
18,413
6,363
33,142
3,698
118,481
294
75,675
2,316
28,927
97,843
552
86,309
706
41,825
1,759
16,253
93
1,149,895
178,459
365,645
4,646
69,548
46,918
197,490
9,686
656
28,854
20,347
22,840
77,646
1,927,154
145,479
29,063
30,917
97,821
1,249, 226
71,656
847,581
579,388
373,444
153,527
6,889
57,288
50,418
95,627
23,486
31,835
40,870
346,147
49,982
121,161
27,928
36,139
27,160
28,745
118,602
144
240,305
98,807
80,183
2,183
641
4,882
225
17,668
1,387
13,980
5,841
11,136
260
5,262
2,075
3,024
19
6,573
684
1,773
2,762
399
2,855
2,087
1,278
336
41
3,376
7,688
10,948
6,568
1,704
Amount
Amount of
claims
returned proved
to shareholders
in cash
Dollars Dollars Dollars
19,687
30,640
63,804
83,019
6,274
24,599
38,564
206,334
9,815
28,561
6,500
36,168
6,927
10,368
8,097
18,795
29,667
49,180
12,059
25,643
10,242
19,848
10,945
27,420
11,338
25,182
24,417
20,204
18,134
8,850
7,214
52,189
25,808
11,738
24,597
19,471
34,065
6,632
26,570
52,804
21,326
27,350
77,878
124,403
319,039
Cash in
hands
of comptroller
and receivers
Dividends
(percent)
Dollars
20
510,126
49
889,034
73
216,246
49
4,009,063
24
216,431
73.333
411,180
25
40,117
63
121,852
83.5
1,180,278
20.96
89,183
194,301 72.5
85
193,891
39.465
336,887
119,713 26.65
277,349 45
10.86
186,808
30.5
152,199
65
75,249
4,360,935 8 "76.4115
19,939
25,211
1,113
10,225
39,550
130,033
110,809
382,450
290,653
472,771
100,000
153,477
722,590
35
30
69.77
20
45
69
10
20
10,570
16,351
4,801
213,929
142,788
905,296
25
27
31
12,030
3,380
215,333 128,567
21,536
40,144
4,954
13,956
17,427
31,029 ~"~~8,~683
71,899
125,650
7,025
15,674
6,198
90,341
1,009
79,845
62,068 42,722
34,375
28,084
395
17,086
6,328
13,326
17,012
21,189
15,610
34,447
26,058
18,754
11,237
9,130
15,587
32,898
7,784
13,649
1,360
22,346
581
8,202
1,153
24,151
16, 287
31,077
8,126
36,602
2,825
1,940
4,182
47,484
30,603
27,698
3,689
Interest
dividends
(percent)
43
3,459,242
705,001 75
50
122,834
56.7
139,358
55
641,358
2,569,621 »91.333
59,556
1,243,033 50
70
2,229,985
996,523 56.5
25
431,915
584,221 »100
47
109,256
46
176,796
55
597,374
51.5
289,843
51.4
44,399
128, 238 62
77.5
196,066
43.17
99,119
10
217,136
40
60,216
41
282,476
85.62
138,311
69
465,120
19
336,245
65, 262 80
58
566,914
42
313,634
Date
finally
closed
or restored
to solvency
5/17/35
7/22/35
6/13/35
9/7/35
6/18/35
5/28/35
1327
1329
1330
1331
1332
1334
1335
1337
1338
1339
1342
1343
1345
1346
1347
1348
1349
1350
1351
1352
1053
10/31/35 1355
1358
1359
1360
1362
1363
1364
1366
1367
8/23/35
»-5
4/24/35
8/23/35
5/28/35
1370
1374
1375
1379
1381
1382
1383
1384
1385
1388
1389
1391
1392
1395
1396
1397
1401
1402
1403
1404
1405
1406
1407
1409
1410
1411
1413
1414
1416
298
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 and earnings, together with the disposition of such collections, and
1935—Continued
Name and location of banks
Capital
stock at
date of
failure
Book value Book value
of assets
of assets
at date of at date of
failure,
failure,
estimated estimated
good
doubtful
Date receiver
appointed
Dollars
Dollars
1418
1419
1420
1421
1422
1424
1425
1427
1428
1429
1430
1431
1432
1433
1434
1435
1437
1439
1440
1441
1442
1444
1445
1448
1449
1450
1451
1452
1454
1455
1456
1457
1458
1459
1460
1462
1463
1465
1466
1468
1469
1470
1471
1472
1473
1475
1476
1477
1479
1480
1481
1484
1486
1487
1488
First National Bank, Elgin, Nebr_.
First National Bank, Berwyn, Okla
Quincy-Ricker National Bank & Trust Co.,
/"*\n
l-fi ATT in.
Til
yumcy,
Planters National Bank, Walnut Ridge, Ark..
Holston-Union National Bank, Knoxville,
Tenn.
National Bank of Kentucky, Louisville, Ky._
First National Bank, West Salem, 111
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, I1L—
Citizens National Bank, Hendersonville,
JN.
81,865
34,198
721,120
81,797
37,768
3,525,610
25,000 Nov. 11,1930
750,000 Nov. 12,1930
69,282
5,325,303
44,300
8,583,837
4,000,000
25,000
200,000
200,000
25,000
25,000
40,000
50,000
100,000
Nov. 17,1930
Nov. 18,1930
Nov. 20,1930
Nov. 21,1930
....do
Nov. 24,1930
22,585,879
188,473
99,412
873,096
77,290
28,067
90,186
162,966
551,835
11,640,702
108,188
95,948
1,422, 370
57, 223
151,108
102,531
101,292
721,647
25,000
40,000
100,000
25,000
25,000
50,000
25,000
100,000
400,000
300,000
25,000
150,000
Nov. 29,1930
....do
....do
Dec. 3,1930
159,078
174,307
315,405
vL70, 979
196, 362
412,442
34,990
1,130,763
2,071,566
947,832
196,139
87,802
71,604
153,146
1,216,006
96,680
137, 348
88,415
63,098
771,438
2,024,755
1,704,505
241,697
608,771
57,072
346,455
45,865
18,801
179,307
29,018
239,587
156,698
91, 596
461,305
Dec. 18,1930
Dec. 19,1930
Dec. 20,1930
do
do
do
do
do
Dec. 26,1930
do
do
do
Dec. 27,1930
Dec. 30,1930
do
do
2,051,566
113,481
175,801
16,210
414,284
165,266
102,734
53,061
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
1,318,016
129,706
139,656
241,217
131,194
189,386
209,006
188,623
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
250,000 Jan. 3,1931
25,00C Jan. 6,1931
25,00C
do
50,00C Jan. 9,1931
1,231,483
28,969
23,33
90,44
855, 325
72,741
77,692
131,629
KJ.
First National Bank, Mendon, Ohio
First National Bank, Roland, Iowa
First National Bank, Benton, 111
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, Marion, 111
Sioux National Bank in Sioux City, Iowa
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, Elk Point, S. Dak
Farmers National Bank, Laurens, S. C
Benton County National Bank, Benton ville,
-AXK.
UnionNational
NationalBank,
Bank,Goodwin,
Fairmont,S.W.
Va»_
First
Dak.
Kansas National Bank, Kansas, 111
First National Bank, Mount Sterling, Ill.i
First National Bank, Caruthersville, Mo
First National Bank, Capac, Mich
First National Bank, Rock Rapids, Iowa
Farmers National Bank, In wood, Iowa
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, 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,
vr
ry .
JN.
O
Interstate
National
Helena,
First National
Bank,Bank,
Rawls,
Tex Ark
First National Bank, Kerkhoven, Minn
Merchants & Planters National Bank, Dillwyn, Va.
Footnotes at end of table, pp. 402-405.
Dollars
50,000 Nov. 3,1930
25,000 Nov. 6,1930
500,000 Nov. 10,1930
..._do
Nov. 28,1930
....do
.....do
-
Dec. 4,1930
Dec. 5,1930
do.
Dec. 8,1930
do
Dec. 9,1930
Dec. 12,1930
do
...
25,000
40,000
do
25,000 Dec. 16,1930
50,000
do
60,000
do
420,000
25,000
50,000
100,000
50,000
25,000
100,000
40,000
60,000
25,000
500,000
60,000
25,000
30,000
100,000
25,00
250,000
200,000
25,000
100,00
do
Dec. 17,1930
do
.....do
299
REPORT OF THE COMPTROLLER OF THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 81,
Progress of liquidation to date of this report
Book
Total
Addivalue of
assess- Total assets
tional
assets at
Cash colment
assets
date of
and stock
upon
received
Cash col- lections
failure, since
from
assessment
lections
date shareestimated of failure
stock
from assets assessholders
worthless
ment
Receivership earnings, cash Unpaid
collec- balance,
tions from R.
F. C.
interest,
loan
premiums, rent,
etc.
Dollars
29,441
1,153
609,361
Dollars
64,095
99
90,623
Dollars
50,000
25,000
500,000
Dollars
307,198
98,218
5,346, 714
Dollars
144,073
34,899
2,431,053
Dollars
3,289
3,750
311,307
Dollars
9,028
2,013
170,606
13,077
639,350
20,861
465,859
25,000
750,000
172, 520
15,764,349
73,255
6,003,073
394,425
7,911
270,059
44, 740, 615 23, 111, 374 286,634
20,705
361,170
130, 786
557, 738
52, 379 108,176
2,660, 500 1, 261, 609 17,370
23,070
175,140
82, 563
9,525
223,935
58,070
12,874
247,503
62,690
48, 711
391,644
148,384
27, 471
399, 532
1, 721,001
356,513
9,651
24, 111
35,841
5,060
7,174
3,857
16, 664
14, 538
6,074,830
15,893
148, 934
87,448
13,421
10,957
4,143
39,713
295,162
439,204 4,000,000
23,616
25,000
13,444
200,000
77,586
200,000
2,206
25,000
8,803
25,000
10,643
40, 000
37,673
50,000
52,357
100,000
75, 555
5,524
177,159
5,460
10,421
17, 283
31,179
50,442
466, 264
264,475
15,177
30
11,169
29,169
155,045
2,280
2,317
56,316
420
49, 513
139, 670
2,158
11,671
8,659
25,000
40,000
100,000
25,000
25.000
50,000
25,000
100,000
400,000
300,000
25,000
150, 000
342,406
402,146
1,963,615
300,399
371,448
624,456
154,687
2,102,156
5,102, 255
3, 218,970
489, 684
855,262
166, 272
135, 431
790,000
84, 717
275,766
390, 901
34,892
767, 542
1,955, 501
930, 202
326,407
207,245
1,460
37,802
36,667
35,931
414, 607
41,196
30,011
24,147
41,898
78,532
25,000
40,000
25,000
50,000
60,000
153, 746
693,855
288, 377
238, 226
1,193, 751
283,564
79, 656
25,373
432, 251
29,825
112,187
99,128
7,161
15,472
64,443
671, 239
49,887
15,031
43,014
288,069
45, 590
234,037
125, 350
13,804
83, 267
48,064
35,145
64,854
6,452
44,043
69,130
14,315
8,534
49,446
106, 514
229,523
6,374
5,095
638
56,827
41, 778
84,834
15, 384
17, 026
100.681
420,000
25, 000
50,000
100,000
50,000
25,000
100,000
40,000
60,000
25,000
500,000
60,000
25, 000
30,000
100, 000
25,000
250, 000
200,000
25,000
100,000
4,121, 210
382,988
455,684
796,130
669,346
177,937
23,505
12,164
14,478
116,431
3,047
8,389
26,058
250,000
25,000
25,000
50,000
Dollars
6,142 1418
3,621 1419
224, 508 1420
128,000
Dollars
208,000
9,573 1421
970,090 1422
332,000 4,330,009 1424
38, 949 1425
1427
1428
1429
1430
1431
9,119 1432
214,124 1433
190, 304
6,167
8,682
13, 593
59, 524
18,098
220,926
16,576
117,221
11,323
7, 307
73,943
9,378
9,378
24,269
2,896
81, 036
90, 557
29.189
14, 488
34,961
50, 211
353,306
105. 554
74,914
307, 207
20,039
21,428
12, 687
29,871
3,022
17, 605
12, 562
3,244
20, 399
284,093
6,297
42,442
57,316
34,060
7,914
13,942
9,650
28,590
12,342
331,104
46,895
2,780
16,800
2,000
11,278
75,184
173. 729
20,000
29,871
180, 649
13,173
10,974
3,528
26, 251
8,232
11,662
7,990
4,896
23, 686
199, 387
13,554
1, 641
4,
3,688
12,497
59,124
54,956
8,226
5,605
171, 600
525,183
297,379
274,194
717,180
8,065, 720
473,310
169,970
157, 544
547, 720
378, 760
2,959, 698
1,650,911
283, 730
678,377
1,716,880
127,476
170, 749
145,006
250,503
105,655
201,556
150,667
76,675
345,699
3, 205,493
169, 540
49,695
28, 559
51,626
137,751
1, 269,934
750, 982
100, 792
335.374
2,631,176
153,262
146,578
312,610
1,316,733
77,002
58,201
107,161
152,350
8,457
19,555
38,411
74,042
8,074
3,642
4,691
38,500
18,898
24, 665
28,129
3,160
3,150
21, 300
Offsets
allowed
and
settled
4,800
74,900
""§,"800
2,600
11,800
16, 600
8,000
98,100
18,000
8,400
117, 573
595, 341
21.5, 075
25, 822
12, 027
1434
1435
1437
1439
1440
1441
1442
1444
1445
1448
1449
1450
2,470
33, 849
8,829
5,641
95,597
1451
1452
1454
1455
1456
17,442
16, 733
78,928
11,456
6,418
34,057
5,634
193,082 1457
15,446 1458
15, 385 1459
1460
81, 293 1462
124, 672 1463
31, 234 1465
25, 226 1466
6,849 1468
64,426 1469
700,120 1470
20,452 1471
8,275 1472
1473
78,479 1475
16,563 1476
274,023 1477
69, 746 1479
26,499 1480
16,020 1481
168,475
6,843
3,843
11,917
1484
1486
1487
1488
300
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 and earnings, together with the disposition of such collections, and
1935—Continued
Progress of liquidation to date of this report—Continued
Total collections
from all
sources,
including
offsets allowed and
unpaid
balance
R. F. C.
loan
Disposition of proceeds of liquidation
Conservators'
distributions
Loss on
compounded
or sold
under
order of
court
Book
Book
Book value value of value of
assets
of remain- remaining un- returned
ing uncolcollected to share- To selected
stock as- holders,
assets
cured
sessment agents creditors
1418
1419
1420
Dollars
162,532
44,283
3,265,474
Dollars
20,847
34,698
584,288
Dollars
86,136
1421
1422
97,119
7,845,647
7,490
660,193
57,202
7,380,993
1424
1425
1427
1428
1429
1430
1431
1432
1433
28,416,530 1,838,275
22,066
200,091
184,666
108,523
1,505,124
213,337
14,508
116,860
83,451
132,183
93,014
30,868
52,098
222,878
655,665
187,462
1434
1435
1437
1439
1440
1441
1442
1444
1445
1448
1449
1450
213,935
133,692
184,136
69,473
975,800
204,225
108.711
31, 519
294.712
7,276
470,527
11,055
43,422
89,161
1,103,575
223,934
2,659,497 1,377,136
1,395,392
192,974
383,293
112,455
375,254
42,741
1,606,865
Dollars
To unsecured
creditors
On secured
claims
On unsecured
claims
Dollars
Dollars
Dollars
58,229
3,368
1,982,135
1,932
18,620
355,575
34,325
• 370,032 8 4,443,123
11,460,957 3,713,366
144,369
4,295
196,836
91,824
795,250
182,630
46,902
I,""
15,475
100,352
27,126
132,043
1,289
819,883
72,529
14,455,168
81,763
147, 237
704,828
75, 551
29,482
2,157
11,460
5,097
177,309
45,857
11,571
443,249
6,102
15,335
71,871
21,840
21,850
28,700
25,000
40,476
381,902
79,074
8,424
32,779
153,690
102,487
199,082
15,622
259,283
314,148
8,463
572,299
1,128,302
497,661
304,925
206,160
206,517
88,894
31,892
626,493
22,332
19,961
3,572
37,313
30,129
140,509
790,462
147,707
56,988
138,443
893,107
774,277
1,580,719
1451
1452
1454
1455
1456
58,37
427,399
148,373
96,486
464,874
76,065
60,183
60,100
75,779
104,454
1457
1458
1459
1460
1462
1463
1465
1466
1468
1469
1470
1471
1472
147a
1475
1476
1477
1479
1480
1481
2,546,304
162,392
239, 550
205,85C
392,10 r
246,473
258, 394
193, 53r
117,011
446,133
4,436,104
267,041
62,39:
49,957
143,793
178.08S
1,776,36E
1,067,41
155, 5i:
286,87(
85,907
215,066
51,958
538,659
31,830
56,5r
130,90C
34,750
43,397
69, 68f
260,62:
78,486
53,608
5,84C
52,23!
84, 761
117,961
78, 50.
326,983
311,77.
147, 211,080,976
512,222
52,934
1484
1486
1487
1488
1,750,10C
100,37C
85,241
170,58C
107,729
8,991
59,534
8,849
788,239
35,426
1,705,341
167,592
12,465
255, 720
249,125
61,493
46,736
87, 273
212, 373
3,399,486
144,832
33,39f
134, 683
Footnotes at end of table, pp. 402-405.
Dollars
Dollars
46,711
21,250
188,693
Dividends paid
by receivers
135,907
18, 703
7,558
42,684
15, 940
17,086
86,058
30,350
31,410
12,658
168,896
13,105
22.22C
13,20C
98,000
13, 722
174,81f
26, 27
5,00C
70,12£
97,65C
16, 545
544£
4,646
2,419
9,833
22,806
615
23,175
5,809
13, 531
7,333
3,842
44,458
22,949
16,54"
23,019
184,001
46,857
9,527
186,447
1,416,442
19,305
148,857
3,599
195,550
23,237
132, 392
108,829
62, 75!
283, 248
1,487, 764
168,645
39,20S
15,700
752
9,66
111,68£
IB 25:
7,582
2,832
10,90S
11,092
76,006
627, 55£
787,458
79,20r
73,95.
958,171
35,50:
57, 01:
87, 65S
301
EEPORT OF THE COMPTROLLER OF THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 81,
Disposition of proceeds of liquidation—Continued
Secured
and preferred
liabilities paid
except
through
dividends, including
offsets
allowed
ReceivCash adsalvanced Conser- ers'
aries,
in pro- vators' egal
and
tection expenses other
of assets
expenses
Dollars
Dollars Dollars
80,461
33,132
76
53,830
1,057,318
Cash in
hands
of comptroller
and receivers
Dollars Dollars Dollars
21,017
2,825
5,775
117,882
54,309
37,214
2,694,535
415
14,192
22,010
299,848
3,155
23,917
11,895,536
90,598
227,685
371
12,431
6,766
1,530,027
20,156
14,556
65,430
11,281
20,060
17,411
14,868
49,144
308,114
7,203
10,442
55,290
1,514
672,805
28,514
31,752
53,686
16,872
483,288
2,751
2,076
1,265
43,479
51,231
695, 717
10
2,742
61,121
6,625
78,388
23,675
85
280
1,019
54
41,371
10,634
1,120
387, 002
1,321,375
754,135
51, 864
108,166
23,003
172, 049
67, 507
49,545
199, 552
942, 734
121,455
64,710
140,916
121,281
165, 967
89,130
53, 312
25,548
121, 743
2,479,924
69,528
8,559
32,759
99,503
61, 284
179,228
36, 723
162,257
666,568
39,166
18,181
46,971
2,103
646
10,156
21, 716
58,914
2
143
1,812
14,990
243
702
1,616
9,443
82,204
2,657
476
14, 654
1,159
35,092
29,304
46
31,808
2,282
2,980
Amount
Amount of
claims
returned proved*
to shareholders
in cash
16,756
21,483
72,221
25,203
15,989
33,712
8,811
75,208
128,545
88,397
26,504
54,003
2,609
11,753
64,540
Dollars
77,647
16,912
3,049,162
Dividends
(percent)
Interest
dividends
(percent)
Date
finally
closed
or restored
to solvency
75
30.7
65
1418
4/5/35 1419
1420
65,250 52.5
9,943,144 M5
1421
1422
21,569,260 »67
202,996 40
250,536 58.76873
2,384,972 41
87,908 85
149,665 21.14
138,087 12
236, 072 75
913,123
1424
1425
1427
1428
1429
7/25/35 1430
1431
1432
1433
67.8
42.5
25
9
90
77
11.7
42
41
36
83.9
62.5
9/14/35 1434
1435
1437
1439
1440
1441
6/19/35 1442
1444
1445
1448
1449
1450
4,822
223,905
242,349
795,781
173, 604
288, 097
407,275
92,921
1,362,310
2,742,107
1,445, 740
363,449
329,856
1,994
11,054
10,160
6,528
32, 720
568,800
150,474
111, 150
745, 561
70.35
50
35
20
25
9/24/35 1451
1452
1454
1455
1456
11,408
116,806
17,788
19,870 ~~"5,~970
5,105
11, 772
31,407 19,108
30,946 11,333
17,135
19,494
18,768 11,922
7,360
19,735
7,833
23,866
181, 076 188,589
3,434
22, 777
4,428
10,195
1,022
178
17, 614
9,639
20,340
87,544 33,822
64,496
6,927
15,300 24,245
22, 976
8,544
2, 233,667
234, 292
197,507
533,973
363,327
290,458
216,840
152, 554
78,645
421,382
3,744,8C4
267,965
103, 218
40,000
177,774
210,465
1,100,175
1, 048, 875
197, 799
205,494
63
9.88
75
61.5
40
63
37.5
39.2516
5
35
55
75
40
41
1457
8/30/35 1458
1459
1460
1462
1463
1465
1466
1468
1469
1470
1471
1472
2/11/35 1473
1475
1476
1477
1479
1480
1481
7,630
5,325
1,302,388
47,740
70,954
32,838
73.3333
73.5
80.35
66
1484
1486
4/11/35 1487
1488
11,088
36,024
17,146
13, 723
43, 298
78,337
15,270
10,049
20,635
6,193
7,727
2,034
12, 535
43, 260
17,862
70,641
31,273
1,432
61
302
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 and earnings, together with the disposition of such collections, and
1935—Continued
Name and location of banks
1489
1490
1491
1492
1493
1494
1495
1496
1500
1501
1502
1505
1506
1507
1512
1513
1514
1515
1516
1517
1518
1519
1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1534
1535
1536
1538
1540
1542
1543
1544
1545
1546
154'
1548
1549
1550
155:
1552
1553
1554
1555
1556
First National Bank, Ludlow, Mo
Lawrence Avenue National Bank, Chicago,
111.
First National Bank, Floyd, Iowa
First National Bank, Corning, Ark. 1
National Bank of Wilkes at Washington, Ga_
City National Bank, Bessemer, Ala
First National Bank, Rogers, Ark
First National Bank, Brookhaven, Miss
First National Bank, Brookfield, Mo
Howard National Bank, Kokomo, Ind.i
Planters National Bank, Clarksdale, Miss.
Anoka National Bank, Anoka, Minn
First National Bank, Clinton, S. C
First National Bank, Addison, Pa.i
First National Bank, Waverly, 111
Farmers & Merchants National Bank, Sheridan, Ind.
Peoples National Bank, Osceola Mills, P a .
Clinton National Bank, Clinton, Mo
First National Bank, Connellsville, Pa.*
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, O h i o First National Bank, La Pine, A l a . . .
Lincoln National Bank, Avella, P a . . .
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, Goolville, Ohio
First National Bank, Veedersburg, Ind
First National Bank, Champlain, N . Y
First National Bank, Rouses Point, N . Y
First and Farmers National Bank in Luverne,
Minn.
First National Bank, Portage, Pa
Central National Bank, Ellsworth, Kans
First National Bank, Rockwell, Iowa
First National Bank, Worthington, W. Va~
National Bank of Norton, Norton, V a _ . .
First National Bank, Oak Park, 111
Austin National Bank, Chicago, 111
First National Bank, Ivanhoe, Minn
Orangeburg National Bank, Orangeburg,
S. C.i
First National Bank, Macedon, N . Y
Woodlynne National Bank, Woodlynne, N.J.
First-Rcmpel National Bank, Logan, O h i o Second National Bank, Altoona, Pa
Monongahela National Bank, Brownsville,
Pa.
First National Bank, Richwood, Ohio
Citizens National Bank, Monessen, Pa. 1
Footnotes at end of table, pp. 402-405.
Capital
stock at
date of
failure
Date receiver
appointed
Dollars
25,000 Jan. 9,1931
200,000
.do
Book value Book value
of assets
of assets
at date of
at date of
failure,
failure,
estimated
estimated
doubtful
good
Dollars
95,438
200,336
Dollars
31,064
25,000
50,000
50,000
100,000
50,000
100,000
100, 000
200,000
500,000
50,000
100,000
25,000
100,000
50,000
—do
Jan. 12,1931
.....do
— .do
Jan. 13,1931
.....do
Jan. 22,1931
do.
Jan. 26,1931
Jan. 27,1931
.....do
Jan. 28,1931
Feb. 7,1931
Feb. 9,1931
112,147
3,
145, 081
193, 746
251,159
920,193
125,201
87,261
293,216
176,591
119, 079
73,172
32,457
254, 767
514,871
395,303
276, 539
94,436
344, 212
1, 729,116
481,687
184,433
118,662
243, 623
263,355
153,399
100,000
50,000
200,000
25,000
250,000
40,000
Feb. 10,1931
64,129
163,484
Feb. °12,"l93l"
do
.....do
Feb. 13,1931
71,468
187,750
118,202
308,601
258,937
37,167
161, 912
599, 097
114, 508
50,00C . . . . d o
100, 00C Feb. 16,1931
200,00C
do
—
50,00C Feb. 18,1931
45, 760
275,693
1,388,122
159,319
129,178
378, 281
837, 292
187,27"
30,00C
25,00C
35,00C
100,00C
50,0OC
100, 00C
Feb. 26,1931
do
M a r . 3,1931
M a r . 7,1931
M a r . 9,1931
do
Mar. 13,1931
Mar. 17,1931
do
Mar. 18,1931
Mar. 19,1931
do
do
Mar. 23,1931
153, 01
261,138
12, 393
455,468
504,624
363,667
33,383
318,877
19, 049
239,13
125,66*
658,87C
352, 70C
489,ldi
243, 077
833,122
67, 61,
438, 68:
790, 704
259,819
146,33i
145,37(
79,40]
112, 51
88,49S
818,883
483,10£
235,474
60,00C
100, 00C
25,001
30,00
50,00'
100,001
250,001
25,001
200,001
.....do
Mar. 30,1931
do.
Mar. 31,1931
.....do
Apr. 1,1931
Apr. 6,1931
Apr. 9,1931
do
118,95£
536, 591
26, 58
216,45:
149,09<
1,495,111
57, r
719,33
528,296
108, 590
183, 57C
115, 20:
319, 551
l,531,21i
157,13
610,15
25,00i
50,00
100,00
125,00
100,00
Apr. 10,1931
Apr. 11,1931
Apr. 16,1931
.do
do
126,54!
112,86J
446,12'
1,996,35:
1,540,21
147,91*
215,89J
480, 23
1,637,99C
3,302,311
40,00
100,00
A p r . 17,1931
do™.
156,63:
194,71!
25,000
100,00C
25,000
100, 00C
150, 00C
100, 00C
25,O0C
50,00C
79,23
303
REPORT OF THE COMPTROLLER OF THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 81,
Progress of liquidation to date of this report
Book
AddiTotal
value of
tional
assess- Total assets
Cash colassets at
assets
ment
and stock
date of received
col- lections
upon
from
assessment Cash
failure, since date sharelections
stock
estimated of failure holders
from assets assessworthless
ment
Receivership earnngs, cash Unpaid
collec- balance,
tions from R.
F. C.
interest,
loan
premi:ims, rent,
etc.
Dollars
22,719
126,068
Dollar,
17,739
19,884
Dollars
25,000
200,000
Dollars
191,960
1,156,277
Dollars
87,556
Dollar,
17, 572
47,314
18,787
136,385
50,387
117,765
101,189
43,849
11,339
521,157
610,062
24,219
47,810
31,208
88
137,945
35,267
18,418
36,675
2,021
54,125
28,281
97,704
260,314
222,897
638,180
961,649
816,069
1,377,256
332,997
1,206,755
3,160,675
830,201
667,631
109,151
40,456
148,414
327,001
344,820
575,858
114,375
288,035
1,579,267
391,074
206,443
14,433
19,653
23,165
21,182
32,391
55,003
20,885
78,912
131,766
19,739
216,309
25,000
50,000
50,000
100,000
50,000
100,000
100,000
200,000
500,000
50,000
100,000
6,894
2,492
13,385
28,491
24, 577
41,223
4,576
47,276
60,344
24,115
18,779
49,651
96,705
14,030
115,728
100,000
50,000
545,698
659,455
227,686
197,331
11,195
11,144
105,447
202,749
378,60'
57,293
403,136
27,905
28,184
42.101
817
27,450
165,665
53,127
100,000
50,000
200,000
25,000
250,000
40,000
606,361
717,271
616,591
343,123
1,605,648
353,742
190,564
287,948
5,845
127,428
414, 242
136,300
58,416
38.087
55,822
33,788
53,483
17,910
66,565
30,512
48,644
55,390
412,629
21,536
49,282
61,572
153,275
240
50,000
100,000
200,000
50,000
322,864
870,936
2,991,318
418,372
63,518
332,562
1,500, 075
129,399
13,667
56,076
83,268
17,739
5,687
23,089
125,141
21,530
60,735
9,160
38,867
126,453
139, 940
173,946
22,213
32,945
3,752
26,815
5,845
21,140
5,383
257,656
10,612
55,956
7,136
14,816
161,962
23,156
81,256
12.102
2,480
45,606
25,210
12,842
12,166
260,199
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
100,000
492,441
1,259,376
151,011
1,135,418
1,747,230
920,588
308,188
559,300
134,682
449,072
280,221
1,611,735
903,354
1,342,464
195,608
473,313
43,168
275,063
573,488
399,572
84,656
289, 821
42,101
17.7,600
125,686
800,158
482,512
416,645
19,498
81,934
11,311
38,508
95,353
90,530
6,306
40.088
17,295
17,392
28,163
76,948
43,250
59,876
24,404
32,263
1,505
42,488
20,760
26,351
7,213
13,474
1,614
12, 610
19,345
108, 581
51,445
27^044
131,505
176,583
7,983
24,061
25,854
17,570
84, 248
12,097
95,958
2,641
60,183
6,472
9,841
1,025
15,689
33,626
43,418
174
60,000
100,000
25,000
30,000
50,000
100,000
250,000
25,000
200,000
1,032,434
1,401,653
247,039
274,053
408,532
601,908
3,394,206
316,884
963,468
245,828
751,665
92,226
102,036
171,757
195,533
1,403,290
139,140
47,553
10,998
46,385
10,704
26,564
14,787
15,794
107,268
2,373
110,094
23,371
36,
5,315
9,811
8,724
12,999
98,441
10, 203
16, 686
38,548
27,990
103, 612
168,476
392,174
31,119
24,902
73,641
79,993
112,085
25,000
50,000
100,000
125,000
100,000
369,125
431,650
1,203, 618
4,007,811
5,446,781
197,352
119,855
542,514
1,781,758
1,469,999
21,474
29,065
45,707
74,946
63, 788
14,892
6,205
37, 277
94, 608
185,826
101,097
5,127
13
40,000
100,000
497,575
100,013
169,963
25,087
55,366
10,430
641
Dollars
5,810
25,512
8,357
24,170
2,634
9,496
19,643
7,518
Dollars
24,700
10,500
10,900
16,300
7,600
2,800
6,800
11,800
6,800
16,400
36,900
7,900
8,200
2,800
8,400
90,000
8,700
11,300
21,500
165,500
Offsets
allowed
and
settled
Dollars
12,168 1489
57,454 1490
18,995 1491
1492
1493
1494
1495
1496
1500
1501
1502
1505
1506
1507
17, 206 1512
42,325 1513
26,322
85,534
55,384
129,881
17,962
571
82,324
17,586
20.553
34.554
20,212
37,001
22, 203
1514
1515
1516
1517
1518
1519
11,549
90,168
266,198
9,673
1520
1521
1522
1523
20,055 1524
52,330 1525
5,025 1526
40,504 1527
125,344 1528
34,142 1529
11,916 1530
26, 502 1531
2,025 1532
14,181 1533
18, 262 1534
37,1C01 1535
21,070 1536
41,075 1538
19,478
63,032
20,074
5,499
17,318
30,485
166,129
10,803
1540
1542
1543
1544
1545
1546
1547
1548
1549
21,310
30,924
53,136
226,513
268,100
1550
1551
1552
1553
1554
22,550 1555
1556
304
REPORT OP 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 and earnings^ together with the disposition of such collections^ and
1935—Continued
Progress of liquidation to date of this report—Continued
Total collections
from all
sources,
including
offsets allowed and
unpaid
balance
E . F. C.
loan
Loss on
Book
assets
Book value value of
comremainof
remainpounded
ing uning uncolor sold
collected
lected
under
stock
asassets
order of
sessment
court
1489
1490
Dollars
123,106
463,740
Dollars
13,458
84,819
Dollars
53,778
480,544
1491
1492
1493
1494
1495
1496
1500
1501
1502
1505
1506
149,473
62,601
235,986
462,208
467.672
812,865
157,798
414,794
1,853,701
452,514
310,756
21,011
132,441
5,506
50,434
68,086
122,170
17,733
90,129
383,570
89,212
75,525
407,938
398,680
297,779
449,347
82,927
628,020
615,514
282,329
276,695
10,567
30,347
26,835
78,818
17,609
44,997
79,115
121,088
368,234
30,261
39,734
1512
1513
314,503
296,487
200,806
83,815
285,984
41,584
11,913
1514
1515
1516
1517
1518
1519
275,296
383,260
61,962
175.046
537,451
196,533
56,842
54,752
12,193
170,483
285,182
155,239
238,402
290,017
398,553
1520
1521
1522
1523
94,421
501,895
1,981,482
190,141
30,103
35,683
335,999
16,162
1524
1525
1526
1527
1528
1529
1530
1531
1532
1633
1534
1535
1536
1538
266,365
656,240
61,009
433,463
822,845
550,595
110,091
378,085
63,035
221,783
191,456
1,022,787
598,277
544,640
1540
1542
1543
1544
1545
1546
1547
1548
1549
86,157
Disposition of proceeds of liquidation
Conservators'
distributions
Book
value of
assets
returned
to share- To seTo unholders'
secured
cured
agents creditors creditors
Dollars
Dollars
7,428
152,686
Dollars
Dollars
Dividends paid
by receivers
On secured
claims
On unsecured
claims
Dollars
Dollars
64,430
150,765
2,484
57,307
6,480
6,308
64,529
148,638
15,177
85,950
2,557
114,010
139,459
235,781
357,799
90,992
55
371,678
280,883
190,123
208,884
142,500
44,178
16,212
146,517
7,090
183,435
9,488
47,005
8,429
57,256
2,555
150,451
160,625
200
49,768
174,890
129,711
167,694
312,623
689,046
213,138
36,333
43,924
116,732
32,261
8,918
27,284
27,905
5,372
42,913
189,511
1,169,127
76,298
51,552
138,078
26,525
33,877
92,548
117,925
186,616
5,251
60,556
22,824
957
674,477
*349,772
61,026
200,226
495,655
51,293
685,974
805,850
268,949
723,718
5,502
18,066
13,689
61,492
54,647
9,470
18,694
9,912
12,705
7,608
6,837
23,052
6,750
40,124
299,675
897,945
131,119
152,310
212,586
254,811
1,865,128
162,519
174,333
63,768
203,497
28,473
31,891
13,128
34,826
418,474
45,647
643,360
283,459
81,266
104,627
156,329
241,064
1,156,313
96,294
715,915
49,002
53,615
14,296
3,436
35,213
84,206
142, 732
22,627
89,006
1550
1551
1552
1553
1564
255,028
194, 749
689,934
2,199,325
2,153,213
63,706
21,706
94,172
98,078
315, 290
61,757
209,165
413,796
1,776,462
3,293,392
3,526
20,935
54,293
50,054
36,21?
1555
1556
228,030
56,007
76,433
13
188,629
14,913
44,634
619,223
187,726
209,467
100,316
5,828
2,480
14,132
6,863
4,451
25,876
3,108
7,231
77,314
52,903
47,884
12,146
172,522
330,873
15,965
312,72ft
316,646
328,709
14,278
265,803
24,437
126,554
111, 533
941,778
560,565
117,684
175,655
461,715
76,315
86,069
48,292
146,145
929,818
62,935
179,707
81,607
344,580
1,006,523
1,364,285
88,735
49,639
305
REPORT OP THE COMPTROLLER OP THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Secured
and preferred
liabilities paid
except
through
dividends, including
offsets
allowed
ReceivCash adsalvanced Conser- ers'
aries,
in pro- vators' egal
and
tection expenses other
of assets
expenses
Dollars
Dollars Dollars
41,614
27
209,878
29,230
Cash in
hands
of comptroller
and receivers
Amount
returned
to shareholders
in cash
Dollars Dollars Dollars
3,011
14,024
42,546
28,837
Amount
of claims
proved
Dividends
(percent)
Dollars
71,275
557,784
87.5
27
56
3
37.5
35
48
51
100
9
65
55
90
Interest
dividends
(percent)
Date
finally
closed
or restored
to solvency
31,221
55,820
76,463
191,434
160,334
366,367
38,792
298,785
1,205,733
125,184
75,650
5,454
1,036
14,803
3,332
582
1,191
548
1,491
4,001
18,569
2,637
33,824
31,482
46, 027
75,657
21,104
31,231
78,655
31,238
23,631
13,488
1,587
6,235
41,490
4,247
3,402
6,328
19,003
48,449
13,718
2,174
151,683
69,774
304,021
553,815
474,968
699,625
91,010
717,608
566,643
510,679
211,445
87,835
112,685
4,720
17,784
34,659
1,923
243,802
313,637
85.67
44
1489
1490
1491
1492
1493
1494
1495
1496
1500
1501
1502
1505
1506
1507
2/7/35 1512
1513
74,178
174,295
2,277
87,663
222,504
40,568
2,298
321
401
3,881
3,277
28,145
34,117
8,496
25,305
53,556
23,699
20,224
13,902
3,583
316,944
356,410
235,226
169,455
638,535
180,075
47.5
45
20
29.28
35
73.45
1514
1515
1516
4/24/35 1517
1518
6/3/35 1519
26,661
232,436
610,781
73,148
1,487
1,469
38,395
611
9,856
34,064
116,811
28,374
4,586
17,131
18,463
6,338
137,893
320,535
1,583,029
225,217
37.5
59
70
35
60,965
249,209
25,965
63,954
427,696
132,452
75,460
76,431
15,213
61,915
42,705
50, 752
21,148
324,053
681
26,743
13
3,730
4,141
435
1,880
5,458
6,430
11,080
5,123
46,096
121
30,317
38,129
10,156
41,973
55,107
42,903
13,490
30, 415
7,920
25,494
17,291
30, 257
16, 564
26,381
50,525
312,125
657,945
45,289
801,849
792,445
521,445
128,309
345,378
51,001
286,377
138,281
1,214,698
708,653
535,603
55
50
35
39
40
62.5
15.76
77
50
44
80.333
77.434
79.086
22
76,768
351,567
33, 111
42,905
127,558
33,191
761,166
73,963
58,003
3,142
28,115
330
1,011
2,490
22,486
43,886
874
84
31,005
46,070
19, 254
19,684
24,444
28, 278
122,357
11,928
8,099
9,997
10,478
2,109
2,641
9,802
24,711
7,901
5,588
30,833
714,389
757, 086
158,381
154,547
148,610
365,727
1,855, 555
148,819
498,800
25
61
48
55.5
32.5
40
50
41
15.5
1540
1542
1543
1544
1545
1546
1547
1548
1549
49,016
87,475
210,152
1,058,330
568,363
334
803
14,136
8,181
12,491
16,974
23,752
61,607
120,057
136,759
8,997
1,112
6,556
6,234
23,431
276,430
214,588
668,911
1,853,788
3,921,086
65
38
57
54
36
1550
1551
1552
1553
1554
86,465
97
27,548
6,368
13,039
332,649
103,201
245
421
34
2,718
5,542
25,968
5,015
10,980
5,102
14,385
30.167
48.1
1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
6/22/35 1530
1531
1532
1533
1534
4/12/35 1535
4/12/35 1536
1538
1555
10/29/35 1556
306
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 811
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed and earnings, together with the disposition of such collections, and
1935— Continued
Name and location of banks
Noble County National Bank, Caldwell,
Ohio.*
1558 First National Bank, Masontown, Pa
1559 Central National Bank & Trust Co., St.
Petersburg, Fla.
1560 Merchants National Bank, Point Pleasant,
W. Va.i
1561 First National Bank, Waldron, Ark
1
1562 First National Bank, Langdon, N. Dak.
1563 First National Bank, Brandt, S. Dak.u
1564 First National Bank, Millsboro, Pa
1565 First National Bank, Tracy, Minn."..
1566 Old National City Bank, Lima, Ohio
1568 National Bank of Kinston, Kinston, N. C...
1569 First National Bank, Kinston, N. C
_
1570 First National Bank & Trust Co., Paris, Ill.i.
1571 First National Bank, Pomeroy, Iowa
1572 First National Bank, Terra Bella, Calif
1573 Commercial National Bank, Essex, Iowa
1574 Farmers National Bank, Hickory, Pa
1575 Savona National Bank, Savona, N. Y
1576 Montgomery County National Bank, Cherryvale, Kans.
1577 Security National Bank, Milford, Iowa 1
1578 Peoples National Bank, Shakopee, Minn. *..
1579 First National Bank, Dawson, Minn
1580 Overbrook National Bank, Philadelphia, Pa.
1581 First National Bank, Crary, N. Dak.i»
1582 Albany Park National Bank & Trust Co.,
Chicago, 111.
1583 Farmers National Bank, Pomeroy, Wash
1584 Citizens National Bank, Odessa, Tex
1585 First National Bank, Holton, Kans
1587 Iron National Bank, Ironwood, Mich._
1588 First National Bank, Smithfield, Pa
1589 McCartney National Bank, Green Bay, Wis..
1590 National Bank of Lynwood, Lynwood, Calif..
1591 First National Bank, Prattville, Ala
1592 First National Bank, Fowler, Ind
1593 First National Bank, Irvona, Pa
1594 Citizens National Bank, Warren, Pa
1595 First National Bank, Smithfield, Ohio L
1596 WashingtonPark National Bank, Chicago, 111.
1597 Inland-Irving National Bank, Chicago, 111
1598 First National Bank, Mountain Lake, Minn..
1599 Commercial National Bank, Hattiesburg,
Miss.
1600 Farmers National Bank, Cross Plains, Tex
1601 Manufacturers National Bank & Trust Co.,
Rockford, 111.
1602 Mahaffey National Bank, Mahaffey, Pa
1603 First National Bank, St. Clair Shores, Mich..
1604 Security National Bank, Rockford, 111
1605 Peoples National Bank, Delmont, Pa.
1606 First National Bank, Downers Grove, 111
1607 First National Bank, Chillicothe, Mo
1608 Planters National Bank, Saluda, S. C
1609 Waukegan National Bank, Waukegan, 111—
1610 Bottineau National Bank, Bottineau, N. Dak
1611 Kingwood National Bank, Kingwood, W. Va.
1612 Merchants National Bank, Willow City, N.
Dkie
1613 Citizens National Bank, Jenkintown, Pa
Footnotes at end of table, pp. 402-405.
1557
Capital
stock at
date of
failure
Date receiver
appointed
Dollars
60,000 Apr. 18,1931
100,000
.do..
300,000 Apr. 21,1931
Book value Book value
of assets
of assets
at date of at date of
failure,
failure,
estimated estimated
good
doubtful
Dollars
490
356,002
900,250
Dollars
14,883
1,734,037
1,648,468
4,780
100,000 Apr. 22,1931
38,291
113,902
475
43,536
57,488
262,866
1,409,137
379,571
99,154
289,304
74,627
37, 578
93,989
350,688
47,670
44, 770
106,987
18,081
45,177
80,312
326,699
1,181,829
597,029
730,842
279.181
89,483
110,811
137,609
267,894
75,917
171, 599
50,000
25,000
30,000
500,000
25,000
300,000
....do
Apr. 23,1931
Apr. 27,1931
Apr. 28,1931
Apr. 29,1931
do
May 1,1931
do
May 4,1931
May 5,1931
do
.—do
May 6,1931
do
May 7,1931
May 11,1931
May 13,1931
May 14,1931
May 15,1931
May 18,1931
May 19,1931
61,057
46,115
106,009
1,144,140
19,860
908,969
206,265
172.182
110,400
2,448,443
59,637
1,595,801
50,000
50,000
50,000
100,000
75,000
500,000
50,000
50,000
75,000
25,000
125,000
100,000
600,000
525,000
25,000
100,000
do
do
-.
May 23,1931
May 26,1931
May 27,1931
May 29,1931
May 29,1931
June 1,1931
June 2,1931
do
June 4,1931
June 5,1931
June 9,1931
do.
June 12,1931
do
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
185,465
220,979
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
73,161
440,526
25,000 June 13,1931
500,000 June 16,1931
29,721
2,204,934
110,460
2,895,098
do
June 17,1931
June 18,1931
do—
June 19,1931
June 22,1931
do
do
June 23,1931*
do
June 27,1931
253,28:
127,903
724, 599
150,043
393,110
200,135
83,470
1,108,437
126,64"
216,699
28,579
407,484
517,346
1,272,625
203, 795
611,026
551, 111
435,128
2,311,901
160,634
61,438
55,304
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
50,000
200,000
25,000
100,000
100,000
100,000
250,000
25,000
25,000
25,000
150,000
do
113,64'
440,793
307
REPORT OF THE COMPTROLLER OF THE CURRENCY
1985, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources, including
various other data indicating the progress or results of liquidation to Oct. 31,
Progress of liquidation to date of this report
Book
value of
assets at
date of
failure,
estimated
worthless
Dollars
AddiTotal
tional
assets
ment
•eceived
upon
nee date share>f failure holders
64,475
Dollars
43,025
Dollars
60,000
130,236
577,393
36,954
416,075
229,440
?otal assets
and stock
assessment
Dollars
Cash collections
Tom assets
Jeceiverlash col- 5hip earncash Unpaid
lections ings,
collec- balance,
from
ons from R.
stock
F. C.
nterest,
assessloan
remiment
:ms, rent,
etc.
182,873
Dollars
5,906
Dollars
37,806
Dollars
2,529
100,000
300,000
2,357,229
3,842,186
744,631
1,350,631
7,250
167,620
72,410
103,923
22,247
74,150
Dollars
104,300
Offsets
allowed
and
settled
Dollars
7,035 1557
44,024 1558
310,101 1559
100,000
372,511
236
1560
19,416
635
47,618
11,239
13,456
162,692
165,991
17,288
84,742
34,922
24,742
33,654
9,399
17,155
58,358
25,00
50,000
25,000
25,000
50,000
300,000
120,000
125,000
150,000
40,000
25,00C
50,00C
90,00C
25.00C
50,00C
277,642
148,165
170,893
176,04'"
689,960
3,328,336
1,298,2V~
1,147,289
998,167
298,013
211,686
341,125
778,767
200,177
385,01'
154,097
955
63,596
73,301
343,329
1,347,826
353,880
321,620
367,186
92,319
96,941
156,549
278,896
94,333
143,670
6,639
11,598
13,812
17,260
23,660
201,200
41,566
50,465
93,867
6,055
5,221
24,436
72,300
22,676
8,527
8,541
345
3,826
6,243
22,325
104,443
14,225
14,289
63,504
6,963
7,555
12,088
32,247
9,113
8,301
7,955 1561
1562
22,353 1563
5,586 1564
44,292 1565
128,362 1566
32, 27- 1568
40,38* 1569
18,822 1570
17,30t 1571
17,34 1572
9,733 1573
38,20C 1574
9,908 1575
8,81- 1576
50,00C
25, 00C
30,00C
500,00C
25,00C
86,00c
88,254
158
65,306
45,14i
42,61:
122,244
300,00C
405,62;
244,246
371,91"
4,465,50^
173,06
3,013,01'
127,716
138,052
81,523
1,455,297
36,180
1,544,52:
11,062
16,249
13,47'
234,33'
4,95!
124,382
5,951
5,327
6,695
52,892
3,947
100,385
28,77C
26,676
117,003
13,235
54, II1
888,37(
46,96:
139,68:
67,01:
7,48<
102,81!
97, 95
1,593.88
468', 70
29,35
240,67
41,328
5,07S
157,634
13,22c
62,008
48,75^
18,33
145,79S
39, 321
7,76:
39,13:
149, 23!
385, 21!
158,83'
32,17!
12,57
50,000
50,00C
50,00C
. 100,00C
75,00C
500,00C
50,00C
50,00C
75.000
25,00C
125,00C
100, (XX
600, 001
525,001
25.001
100,00'
390,402
600,75<
752,325
778,362
805, 21'
3,747,727
347,433
747, 251
540,858
373,06f
1, 307,99C
391, 526
9,529,32c
6,388,04€
345,1"
1,014,74:
161,58C
175,34
238,26$
427,91,
199, 71:
1, 669, 271
172,05'
240,31
171,91
126,61€
565,60C
976
4,180,815
2,793,15C
174, 20C
461, 20S
43,025
17,123
10,302
31,681
47, 20C
352,531
12, 271
24,404
54,689
8,532
94,"
25,557
14,923
10,296
24,671
33, 211
126,293
239,04)
141, 22!
22, 251
34,41
5,16€
14, 71,
15,69£
36,156
2,52^
298,001
209,936
15,106
11,461
68,41!
81,83
25, 81'
48, 30i
25.00
500,00
259, 41'
5, 730,16
70,198
2,784, 242
5,2&
284,13
63, m
115, 701
23,341
41, 76i
412,83:
13,17!
50, 2i:
339,94'
61,92(
57,15'
88,24
3,001
39,66
6,04C
59, 05C
92,50:
26, 33
19,10
9,47
5,92:
87, 67
35, 8
9,04^
1,501
50.001
50,00!
200.00
25,001
100.001
100,00i
100,001
250,00i
25,00i
25, OOi
25,00i
740,15'
796,06,
2, 702, 56'
418,34'
1,173,45
1, 200,66
33,84;
29,80!
124,94'
19,85:
50,13!
66,13,
38,85:
100,11
5,30
16, 03
9,71
26, 23!
40,80i
36, 34:
18,50
31,794
16,300
12, 51
137, 70:
20,491
6,26
3,625
27,00i
53,40
54,30
10.40
30,20
3,815,16'
436,391
315,18:
150, 04(
255,14!
213, 33!
992,9"
185,7
452,82:
325, 51(
272,32J
1,369, 38^
130, 73i
73, 5546,98!
150,00
885,30;
155,361
40,41!
12,33'
78,974
9,562
2,008
36,939
274,678
35,626
175,005
194,940
13,555
25,873
60,786
34,435
60,287
4,
79:
60,19:
327,781
25,94c
173,05'
6,03. r
17,50C
8,50C
34,70C
32,20C
9.80C
17,100
8,10C
4,00C
11,10C
3,02'
9,48'
7,60
11,20'
15,06$
5.85C
24,374
206,756
2,857
81,05C
1577
1578
1579
1580
1581
1582
19,91?
37,48<
43,958
41,105
19,702
135, 52:
22,99:
34,49;
24,85'
8,95
54, 744
1583
1584
1585
1587
1588
1589
1590
1591
1592
1593
1594
1595
616,64i 1596
490,971 1597
12, 25: 1598
47,88 1599
7,403 1600
311,425 1601
17,55!
150,33:
199,03!
10, 64'
69,19:
64, 53
24,11!
258, 31;
14,63(
20, 48:
2,61<
1602
1603
1604
1605
1606
1607
1608
1609
1610
1611
1612
19,072 1613
308
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 and earnings^ together with the disposition of such colleciionSj and
1985—Continued
Progress of liquidation to date of this report—Continued
Total collections
Loss on
from all
assets Book value
sources,
comof remainincluding pounded
uncoloffsets alor
sold inglected
lowed and
under
assets
unpaid
order
of
balance
court
R. F. C.
loan
Conservators'
distributions
Book
value of
remaining uncollected
stock assessment
Book
value of
assets
returned
to share- To seTo unholders'
cured
secured
agents creditors creditors
1557
Dollars
Dollars
53,276
3,840
Dollars
Dollars Dollars
106,092
22,194
1558
1559
972,615
1,932,275
288,856
249,672
1,179,718
1,631,782
1560
96,633
250,204
1561
1'562
1563
1564
1565
1566
1568
1569
1570
1571
1572
1573
1574
1675
1576
177,232
12,900
103,587
102,390
433,606
1,781,831
441,945
426,762
543,380
122,646
127,059
202,806
439,143
136,030
169,312
18,504
97,208
59,944
34,427
252,339
190,845
541,674
398,658
32,835
37,542
59,578
25,990
62,188
70,936
182,530
1577
1578
1579
1580
1581
1582
159,798
165,478
134,563
1,983,982
47,937
1,882,538
93,814
75,344
44,872
213,729
109,027
261,371
1583
1584
1585
1587
1588
1589
1590
1591
1592
1593
1594
1595
1596
1597
1598
1599
250,086
244,878
302,824
535,180
316,931
2,291,721
213,358
304,373
266,175
163,802
750,709
41,748
5,334,507
3,646,384
223,820
554,968
5,117
21,116
123,967
78,544
199,749
424,184
25,713
422,448
115,771
85,347
40,207
1600
1601
85,878
3,558,697
1602
1603
1604
1605
1606
1607
1608
1609
1610
1611
1612
1613
72,086
37,733
1,361,303
250,389
261,623
429,323
U0,84S
12,825
98,853
309,483
119,022
191,143
2,089,727
826,075
153,782
316,811
296,129
130,795
311,053
1,018,746
76,666
Disposition of proceeds of liquidation
Dollars
Dollars
Dividends paid
by receivers
On secured
claims
On unsecured
claims
Dollars
Dollars
35,496
92,750
132,380
8,800
560
25,850
71,807
18,361
38,402
11,188
7,740
26,340
98,800
78,434
74,535
56,133
33,945
19,779
25,564
17,700
2,324
41,473
3,013
10,003
3,879
29,898
28,739
94,995
38,938
8,751
16,529
265,663
20,047
175,618
3,975
12,231
14,913
2,361
253,955
762,016
76,647
32,175
60,671
ai7,491
989,536
53,699
39,397
51,811
44,288
121,638
334,857
107,284
12,952
71,107
78,833
33,405
906,865
19,605
924,530
153,319
127,149
522,439
290,550
3,445,220
2,105,429
27,044
186,019
6,975
32,877
39,698
68,319
27,800
147,469
37,729
25, 596
20,311
16,467
30,791
61,752
360,954
383,772
2,744
65,589
32,289
156,815
282,341
1,852,160
19,750
215,869
1,263
359,779
487,685
1,407,603
245,185
634,143
472,476
355,416
1,865,515
171,167
127,543
62,943
138,115
18,868
193,743
48,073
114,464
139,628
106,478
87,800
5,866
22,334
75,443
279,338
363,526
1,116,808
148,851
436,968
570,993
183,521
1,849,670
260,158
173,811
16,155
20,192
75,053
5,147
49,870
33,865
61,147
149,885
19,695
8,962
15,285
2,617
34,737
12,361
8,475
255,641
252,180
759,190
182,864
399,361
136,642
125,016
1,129,170
22,220
43,481
24,729
224,343
112,677
448,188
109,582
12,667
34,288
686,645
473,497
106,656
219,632
22,414
5,908
32,993
2,760
88,597
10,766
5,001
80,960
84,741
112, 063
301,744
188,793
1,660,916
18,072
64,870
172,449
79,613
558,601
4,022,443
1,819,211
159,738
155,431
2,082
1,617,288
309
KEPORT OF THE COMPTROLLER OP THE CURRENCY
1935, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from alV sourcesy including
various other data indicating the progress or results of liquidation to Oct. 31,
Disposition of proceeds of liquidation—Continued
Secured
and preferred
liabilities paid
except
through
dividends, including
offsets
allowed
ReceivDash adsalvanced Conser- ers'
aries,
in pro- vators* legal
and
tection expenses other
of assets
expenses
Dollars
Dollars Dollars
253
10,379
580,958
867,799
637, 211
298, 753
267, 537
382,070
38,131
50, 553
39, 387
53, 210
17,110
125,493
85,577
189,967
2,467
25
18,653
2,370
13,475
11,529
25,122
92, 523
28,531
32, 764
34,452
21,904
50,443
70,703
72,664
967,395
16,161
714,731
1558
1559
16,931
136,783
57,886
76,385
83,110
481,550
1,873,066
681,071
712,125
593,719
124,434
68, 671
157,1G7
499, 00'3
170,07t>
190,467
84,421
6,716
59,551
31,061
58,234
28,446
10,287
11, f
23,934
13,412
16,395
22,565
7,776
11,388
5,465
1,637
10,229
4,704
64,294
844
5,588
30,671
261,573
49,336
22,381
931
378
65,758
1,789,902
10,013
16,775
132,550
62,571
169,621
673,752
36,412
155,056
263,247
167,352
494,778
107,925
57,730
19,827
1,905
14,554
6,025
1,
22,376
1,433
8,158
50,909
8,208
4,445
486
804,763
1,563,302
1557
20
42
21,046
15,942
21,247
95,759
9,775
113,020
27,705
34,551
24.955
37,095
29,657
107,532
17,950
/4,240
20,086
18,366
49,193
3,329
291,522
233,016
11,963
41,493
100,139
1,736
77.258
807
2,966
4,578
999
17,042
1,890
55,202
211
61
33,680
60,000
21,567
50,499
32,037
36,805
125,520
22,593
16,791
9,426
132,435
34335—36-
21,257
-21
Date
finally
closed
or restored
to solvency
1,313,504
1,824,127
17,547
37, 237
11,636
15.954
93,476
107,324
153,419
173,834
94,954
457, S42
172,421
182,913
63,605
Interest
dividends
(percent)
4,409
73,508
300
427
1,313
8,378
35
127,328
Dividends
(percent)
Dol
@FedFRASER