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SEVENTY-SEVENTH ANNUAL REPORT
OF THE
Comptroller of the Currency
COVERING THE YEAR ENDED
OCTOBER 31, 1939
UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON : 1940
For sale by the Superintendent of Documents, Washington, D. C
* . . .
Price 31-00 (cloth)
TREASURY DEPARTMENT
Document No. 3106
Comptroller of the Currency
CONTENTS
Introduction
Structural changes in the national banking system
Branches
Changes in principal items of assets and liabilities of national banks in the
year 1939
Earnings and expenses of national banks for year ending June 30, 1939._
Size of national banks
Affiliates and holding company affiliates of national banks
National banks in the trust field
:
National bank notes outstanding
__
Banks in the District of Columbia
Building and loan associations in the District of Columbia
District of Columbia credit unions
Export-Import Bank of Washington
Changes in principal items of assets and liabilities of State banks, year
ending June 30, 1939
Distribution of all banks
Changes in number of banks, branches, and banking offices in the year
ending June 30, 1939
Reports from national banks
Examination of national banks
Liquidation of insolvent national banks
Miscellaneous activities of t h e Bureau
Organization a n d staff
Expenditures of t h e Currency Bureau
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39s
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APPENDIX
TABLES
No. 1. Comptrollers and Deputy Comptrollers of the Currency since 1863_
No. 2. Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, October 31, 1939
No. 3. Number of national banks organized since February 25, 1863, number passed out of the system, and number in existence October 31, 1939- _
No. 4. National banks reported in liquidation from November 1, 1938, to
October 31, 1939, the names where known, of succeeding banks in cases
of succession, with date of liquidation and capital
No. 5. National and State banks consolidated in.the year ended October
31, 1939, under act of November 7, 1918, as amended February 25, 1927,
and June 16, 1933
No. 6. Number and capital of State banks converted into national banking
associations in each State and Territory from 1863 to October 31, 1939-_
No. 7. Conversions of State banks and primary organizations as national
banks from March 14, 1900, to October 31, 1939
No. 8. Number of national banks increasing their capital stock, together
with the amount of increase monthly for years ended October 31, since
1934
No. 9. Number and authorized capital of national banks chartered and
the number and capital stock of banks closed in each year ended October
31, since 1913, with the yearly increase or decrease
No. 10. Total number of national banks organized, consolidated under act
of November 7, 1918, as amended June 16, 1933, insolvent, in voluntary
liquidation and in existence on October 31, 1939
1
No. 11. Changes of corporate title of national banks, year ended October
31, 1939
in
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61
62
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63
64
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IV
CONTENTS
Page
No. 12. National banks chartered during the year ended October 31, 1939_
No. 13. National banks for which increase of capital has been authorized
under act of March 9, 1933, as amended, by the issuance of preferred
stock which was purchased by the Reconstruction Finance Corporation
unless otherwise noted, together with the amount of increase, and the
rate of dividend, etc., during the year ended October 31, 1939
No. 14. National banks chartered which are conversions of State banks
during the year ended October 31, 1939
No. 15. National banks by States and geographical divisions, organized,
failed, and reported in voluntary liquidation during the year ended
October 31, 1939
No. 16. Number and classification of national banks chartered monthly
during the year ended October 31, 1939
No. 17. Assets and liabilities of national banks, by States, at date of each
call during year ended October 31, 1939
No. 18. Principal items of assets and liabilities of national banks classified according to deposits, June 30, 1939
No. 19. Assets and .liabilities of foreign branches of National Gity 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 30, 1939
!No. 20. Fiduciary activities of national banks during year ended June 30,
1939, segregated according to capital
INo. 21. Fiduciary activities of national banks by Federal Reserve districts as of June 30, 1939
No. 22. Classification of investments in living and court trust accounts
under administration by the active national bank trust departments
segregated according to capital on June 30, 1939
No. 23. Earnings and dividends of national banks for the vear ended
June 30, 1939_
1
No. 24. Earnings and dividends of national banks, by Federal Reserve
districts, for the year ended June 30, 1939
No. 25. Earnings and dividends of national banks for the period of 6
months ended December 31, 1938
No. 26. Earnings and dividends of national banks, by Federal Reserve
districts, for the period of 6 months ended December 31, 1938
No. 27. Earnings and dividends of national banks, by size of banks, year
ended December 31, 1938, summary covering the entire country
No. 28. Earnings and dividends of national banks, by size of banks, for the
year ended December 31, 1938, by Federal Reserve districts
No. 29. Earnings and dividends of nonmember national banks, by size of
banks, for the year ended December 31, 1938
No. 30. Number of national banks, capital stock, capital funds, net addition to profits, dividends and ratios, calendar years 1929 to 1938 and
years ended June 30, 1929, to 1939__
No. 31. National bank investments in United States Government securities and other bonds and securities, loans and discounts, and losses
charged off on account of bonds and securities and loans and discounts,
calendar years 1929 to 1938 and years ended June 30, 1929, to 1939
No. 32. Assets and liabilities of all banks in District of Columbia at date of
each call during year ended October 31, 1939
No. 33. Assets and liabilities of savings and State banks in District of
Columbia at date of each call during year ended October 31, 1939
No. 34. Assets and liabilities of trust companies in District of Columbia
at date of each call during year ended October 31, 1939
No. 35. Earnings and dividends of banks in the District of Columbia,
years ended June 30, 1939, and 1938
No. 36. Individual statements of assets and liabilities of the 26 building
and loan associations in District of Columbia June 30, 1939
No. 37. Summary of assets and liabilities December 31, 1938, and receipts
and disbursements in the 6 months ended December 31, 1938, of the
26 building and loan associations in District of Columbia
No. 38. Summary of assets and liabilities June 30, 1939, and receipts and
disbursements in the 6 months ended June 30, 1939, of the 26 building
and loan associations in District of Columbia
No. 39. Individual statements of assets and liabilities of the 24 District of
Columbia credit unions, June 30, 1939
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209
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CONTENTS
V
Page
No. 40. Summary of assets and liabilities December 31, 1938, and receipts
and disbursements in 6 months ended December 31, 1938, of the 24
District of Columbia credit unions
No. 41. Summary of assets and liabilities June 30, 1939, and receipts and
disbursements in 6 months ended June 30, 1939, of the 24 District of
Columbia credit unions
No. 42. Officials of State banking departments and number of each class
of active banks under their supervision in June 1939
No. 43. Assets and liabilities of all active banks in the United States and
possessions, June 1939
No. 44. Assets and liabilities of active State (commercial) banks, June 30,
1939
No. 45. Assets and liabilities of active mutual savings banks, June 30, 1939No. 46. Assets and liabilities of active private banks, June 30, 1939
No. 47. Assets and liabilities of all active banks other than national, June
30, 1939
No. 48. Assets and liabilities of active national banks, June 30, 1939
No. 49. Savings deposits and depositors in all active banks in the United
States and possessions, according to classes of banks, on or about June
30, 1939
No. 50. Assets and liabilities of all active banks in the United States and
possessions, by classes, December 31, 1938
No. 51. Assets and liabilities of all active banks in the United States and
possessions, December 31, 1938
No. 52. Assets and liabilities of active State (commercial) banks, December
31, 1938
No. 53. Assets and liabilities of active mutual savings banks, December
31, 1938
No. 54. Assets and liabilities of active private banks, December 31, 1938-_
No. 55. Assets and liabilities of all active banks other than national, December 31, 1938
No. 56. Assets and liabilities of active national banks, December 31, 1938No. 57. Assets and liabilities of all active banks, June 30, 1920, to 1939
No. 58. Assets and liabilities of all active banks other than national, June
30, 1920, to 1939
No. 59. Assets and liabilities of all active national banks, June 30, 1920, to
1939
No. 60. Federal Reserve notes, segregated by series, printed, shipped, and
canceled, issued to banks, retired, and destroyed since organization of
the banks, with balance in vaults and amount outstanding October 31,
1939
No. 61. Loans on and purchases of preferred stock of national banks disbursed by the Reconstruction Finance Corporation from March 9, 1933,
to June 30, 1939, inclusive, and outstanding as of June 30, 1939
No. 62. Loans made by the Reconstruction Finance Corporation to aid in
the reorganization or liquidation of closed national banks from February
2, 1932, to June 30, 1939
No. 63. Summary of unlicensed national banks in the United States, and
nonnational banks in the District of Columbia, on March 16, 1933, and
unsecured liabilities released to October 31, 1939, grouped in accordance
with final disposition
No. 64. National banks in charge of receivers during year ended October
31, 1939, dates of organization, appointment of receivers, and final closing, with nominal amounts of total assets and total liabilities at date of
failure, capital stock and stock assessments, amounts collected from all
sources, including offsets allowed and earnings, together with the disposition of such collections, and various other data indicating the progress
and results of liquidation to October 31, 1939
No. 64—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, 1939, dates of organization, appointment of receivers, and final closing, with nominal amounts of total assets and total
liabilities at date of failure, capital stock and stock rassessments, amounts
collected from all sources, including offsets allow ed and earnings, together with the disposition of such collections, and various other data
indicating the progress and results of liquidation to October 31, 1939
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430
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CONTENTS
No. 65. Annual liquidation costs—national bank receiverships, 1925-39
No. 66. Total deposits, percentage amounts of dividends paid, costs of
liquidation, and average time required to complete liquidation, insolvent
national banks completely liquidated and finally closed, by years,
1925-39
No. 67. National banks restored to solvency after having been placed in
charge of receivers, from the date of the first national bank failure in
1865 to October 31, 1939
No. 68. National banks restored to solvency which subsequently became
insolvent, from the date of the first national bank failure in 1865 to
October 31, 1939
No. 69. Dividend payments, total returns to all creditors and costs of liquidation, insolvent national banks, to October 31, 1939
No. 70. Summary of status, progress, and results of liquidation of all
national banks placed in charge of receivers from the date of the first
national bank failure, April 14, 1865, to October 31, 1939
No. 71. National banks placed in charge of receivers, by years, since 1865,
the number of active receiverships November 1, 1939, and the number of
receiverships terminated by restoration to solvency and through liquidation to November 1, 1939, together with various data indicating the
results of liquidation for those receiverships closed through liquidation. _
No. 72. National banks placed in charge of receivers, by States, since 1865,
the number of active receiverships November 1, 1939, and the number
of receiverships terminated by restoration to solvency and through liquidation to November 1, 1939, together with various data indicating the
results of liquidation for those receiverships closed through liquidation. _
No. 73. Bank suspensions, by States, in the year ended June 30, 1939
No. 74. Bank suspensions, by States, in the 6 months ended December 31,
1938
No. 75. Bank suspensions, by States, in the 6 months ended June 30, 1939No. 76. Bank suspensions, years ended June 30, 1864, to 1939
No. 77. Bank suspensions, years ended December 31, 1921, to 1938
No. 78. Bank suspensions since inauguration of Federal Deposit Insurance,
January 1, 1934, to June 30, 1939
No. 79. Bank suspensions since inauguration of Federal Deposit Insurance,
years ended December 31, 1934, to 1938
Table "Q". Statements of assets and liabilities of the individual national
banks at close of business December 30, 1939, arranged alphabetically by
States, Territories, and towns. (Omitted from this report and published
as a separate table.)
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REPORT
OF THE
COMPTROLLER OF THE CURRENCY
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,
Washington, D. C.y January 3, 1940.
SIR: In accordance with the provisions of section 333 of the United
States Revised Statutes, I have the honor to submit the following report covering the activities of the Bureau of the Comptroller of the
Currency, for the year ended October 31, 1939. This is the seventyseventh annual report made to Congress since the organization of the
Bureau.
Under date of February 25, 1863, the Thirty-seventh Congress
passed an act to provide a national currency secured by a pledge of
United States bonds and to provide for the circulation and redemption
thereof. This act created a separate bureau in the Treasury Department to be administered by an officer designated as the Comptroller
of the Currency, with the assistance of a Deputy Comptroller and
the clerks necessary to discharge the duties of the office. This act
also provided for the organization of associations to be formed by not
less than five persons to carry on the business of banking. Thus, the
origin of the national banking system and the creation of the office of
the Comptroller of the Currency were simultaneous.
On January 1, 1863, the Nation was engaged in war. Financing the war was extremely difficult. There were approximately 1,500
banks in operation throughout the country, all of which were organized and operating under State laws. They issued bank bills or
bank notes which formed the circulation of the country. Notes were
printed upon every variety of paper and no two banks issued bills of
similar appearance. It was generally the case that bank notes current in one State could not be circulated in the other States, and it
was impossible for any one but those skilled in handling money in
vast quantities to detect the innumerable counterfeits and altered
notes which were in circulation. The Honorable John Sherman in an
address in the Senate commented: "How is it possible to have a
currency—and how is it possible for any honest man to detect the
genuine from the counterfeit, when he has to select from 7,000 different kinds of bank bills, and the bills of those banks have been
counterfeited; when so large a portion of them are spurious and
counterfeit." At that time banks could be organized very easily.
For instancy former Comptroller of the Currency A. Barton Hepburn, in writing of a particular State which was for a time the favorite
place for incubating note-issuing banks, without capital, banking
offices, or furniture, stated: "A circular letter which was issued, offer-
2
REPORT OF THE COMPTROLLER OF THE CURRENCY
ing aid to any one desiring to start such a bank, stated that the sole
cost necessarily incurred in starting a $100,000 bank would be $5,000
for plates to print the notes and expenses, including compensation to
the promoter, and $5,000 as margin to carry the necessary bonds to
be deposited." It is easily seen that with such a multiplicity of
banks depending upon different organizations, with no common regulator, and no common check or control over them, there could not be
a uniform national currency. Especially was this true in view of the
fact, that as a general rule, the weakest banks issued the most bank
notes, and the strongest banks either did without the privilege of
issuing bank bills, or used it slightly. These shortcomings of the
system eventually exhausted the patience of the American people
and the result was the creation of the national banking system.
The National Currency Act of 1863, as it was called until 1874
when the title was changed to "The National Bank Act," was proposed as a means of providing a uniform currency, as well as to help
finance the war. The establishment of a national commercial banking system was regarded as secondary to the creation of a national
currency. The first Comptroller of the Currency, Hugh McCulloch,
in his annual report to Congress on November 28, 1863, stated that
the purpose of the National Currency Act "contemplates the organization of national banks, which by becoming its financial agents may
aid the Government in the safekeeping and transmission of its revenue
and the transaction of its business and through the instrumentality
of which a safe and uniform circulation may be furnished to the
people."
The creation of the national banking system quickly resulted in
the establishment of a uniform currency, after the Supreme Court
held that the prohibitive Federal tax on State bank notes was constitutional.
The National Currency Act was one of the first important steps of
the Federal Government in the field of administrative law. The
Bureau of the Comptroller of the Currency, which title has been inappropriate for many years, became the first truly administrative
agency of the Federal Government.
Throughout the past 77 years much of the progress in this country
has been made possible by the credit facilities afforded by the members of the national banking system. The original act has been
revised from time to time to meet changing needs and conditions, but
many of the provisions of the original act are still in force. In 1913
the Federal Reserve System was set up to provide additional credit
facilities. More recently the Federal Deposit Insurance Corporation
has been created. Changes in banking have, of course, resulted from
changes in the needs which have developed along with the alterations
in our whole political, social, and economic structure. No longer do
national banks supply the currency for the country. They have
gradually restricted their field to "banking" in its truest sense.
With the tremendous technological, industrial, agricultural, and
commercial developments of the past 77 years, banking has become
more and more important to the welfare of the Nation.
In view of this brief history of the origin and development of the
national banking system, it is pertinent to review the evolution of
the functions of the Comptroller's office.
REPORT OF THE COMPTROLLER OF THE CURRENCY
3
Undoubtedly, a considerable portion of the time and effort of the
first Comptroller and his staff was consumed with the organization
of new banks or the conversion of State banks into national banking
associations, but the major function was the issuance and redemption
of the circulating notes. At the time of the submission of the first
annual report, no circulating notes had as yet been issued to the limited
number of newly created national banks; but State banks in existence
on the date of its passage were, under the act, permitted to issue
circulating notes secured by a pledge of United States bonds in an
amount equal to 50 percent of their capital. This provision was
retained in the act of June 3, 1864, which repealed the former act
but retained most of its provisions and included additional ones.
This act was acknowledged to be an improvement over the original
act, and has been described as a "new birthday" for the national
system.
The first annual report of Comptroller Hugh McCulloch is replete
with arguments which he considered favorable to the establishment
and growth of the national currency system. It is a commentary
upon Mr. McCulloch that whereas he was president of the State Bank
of Indiana and came to Washington in 1862 for the purpose of opposing
the establishment of a national banking system, in the belief that
such a system would prove injurious to the State banks of the country,
he accepted the appointment as Comptroller of the Currency and became one of the most ardent advocates of the national system. His
recommendations for improvement during the formative years amply
evidence his wisdom and foresight. His report stated that even
though the War in which the country was then engaged was a great
calamity "it would not be an unmixed evil financially" if one result
were the establishment of a system of banking by which, without
interference with the rights of the States, and without detriment to
their solvent institutions, a bank note circulation should be furnished
to the people, solvent as the Nation itself, and uniform in value, as a
substitute for that supplied by the States which, in his opinion, was
neither uniform in value nor, in general, properly secured. The report
discussed the provision of the act requiring that national currency be
furnished State banks and concluded that that provision was unwise
because of the lack of any governmental supervision of the State
banks. Further, the report stated, if two systems of banking, National
and State, were to coexist, they should do so as separate and independent systems. Then followed Comptroller McCulloch's recommendation to the Congress that in order for the national banking
system to become the sole agency, other than the Government itself,
for the issuance of circulating notes, the State bank circulation should
be subjected to taxation to force its withdrawal.
In the first annual report, the Comptroller stated that 134 banks
had been organized, situated in 17 States and in the District of
Columbia. Reports of condition as of October 1, 1863, for 66 banks
are listed in detail. Of these banks, 25 are still in active operation.
The 66 reporting banks had total resources of $16,793,758.40. Their
combined capital was $7,184,715, and deposits were $8,673,740.
Although no circulation had been issued, United States bonds pledged
with the Treasurer of the United States amounted to $3,925,275.
At that time the personnel of the Bureau of the Comptroller of the
Currency consisted of the Comptroller, one deputy, and six employees.
4
REPORT OF THE COMPTROLLER OF THE CURRENCY
The annual report for the following year showed the number of
banks to have been increased by the organization of 282 new banks
and the conversion of 168 State banks into national associations.
The combined capital had increased to $108,964,597.28, and circulating notes outstanding amounted to $65,864,650. In that report
the Comptroller expressed apprehension regarding an overexpansion
of banking capital through the organization of new national banks in
areas already adequately supplied by existing State banking facilities.
He praised certain State legislatures for passing enabling legislation
to facilitate conversions of State banks into national banks. Mention
was then made for the first time, in the annual reports, of supervision
by the Comptroller of the Currency over national banks. Stating
that "the most satisfactory references or credentials" were being
required in regard to the standing and responsibility of persons proposing to organize national banks, the report added that a system of
examination "is being instituted which will serve to expose and check
any improper practices or violations of the provisions of law."
It is interesting to note that in this, as well as in the previous report
there was a discussion of the wide variation of interest rates charged
by banks in the several States and the recommendation was made
that Congress impose a uniform rate upon all national banks. In
this connection the suggestion was advanced that banks in the larger
cities of that day, such as New York and Philadelphia, be allowed,
with the permission and under the authority of a governmental
agency, to raise the interest rate beyond the prescribed maximum, if
such action appeared desirable in order to curb excessive speculation.
This suggestion, as well as the suggestions relative to the maintenance
of adequate reserves, many years later were incorporated in substance
as integral parts of the Federal Reserve Act.
The annual report of Comptroller John J. Knox for the year 1878
reveals that some opposition had developed toward the National
Bank system. In defense of it he pointed out that theretofore it had
been possible in effect for a few favored individuals to restrict the
issuance of State charters and thus monopolize the banking field.
The same criticism was apparently being directed at the national
system, based on the contention that since the maximum amount of
available circulation authorized by Congress had been exhausted, the
organization of additional national banks was precluded. Mr. Knox
refuted that criticism by pointing to the fact that from the beginning
the organization of national banks had been open to any proper
applicants.
Reference was made in that report to the fact that during the 10year period national banks had been able to accumulate earnings in
the form of surplus aggregating $120,000,000, and the assertion was
made that the system afforded a greater degree of safety than any
previously existing.
Ascribing the immediate causes of the panic of 1873 to speculative
excesses and to the large accumulation of debt incidental to the
period of expansion, notably in the building of the railroads which had
proceeded at a vigorous and increasing rate for several years, Comptroller Knox deplored the practice, indulged in by many banks during
periods of subnormal local demand, of concentrating large reserves in
the banks of New York City, on the ground that the large amount of
funds available in that center tended to stimulate speculation. It is
REPORT OF THE COMPTROLLER OP THE CURRENCY
5
notable that he believed the situation to arise largely from the payment by the banks of interest on deposits, an "old-established custom"
which he concluded could not easily be changed by direct legislation.
Sixty years later the practice of paying interest on demand deposits
was prohibited by an act of Congress.
The act of February 19, 1873, required that the Comptroller include
in his annual report the statements of condition of State banks in
addition to the statements of condition of national banks. Up to that
time many of the States had made little or no provision for publishing
the information contained in such statements. In the annual report
of 1875, referring to the incompleteness of data relating to State banks,
the Comptroller stated that efforts were being made to induce State
legislatures to eliminate the difficulty by appropriate legislation.
From the comments made in the annual report for the following year
it is apparent that the efforts of the Comptroller bore fruit, and it is, of
course, well known today that there is complete cooperation between
the various State and national supervisory agencies with respect to the
publication and submission of information relating to the condition of
the country's banks, for the benefit of Congress and the public at large*
The publication of such information was required of national banks
from the inception of the national system, and in extending it to all
banks the provision has undoubtedly been a very vital factor in preventing abuses. In this connection the statement made by Comptroller Knox in the annual report of 1875 is as applicable now as then,
and, fortunately, more generally recognized. He wrote:
It is wrong not to provide for plain losses, and wrong to pay unreal dividends.
But in the case of a bank, it is not only wrong, but dangerous. Perfect explicitness
in such cases is the only means of safety. The credit of a bank is its life, and the
credit can only be maintained by deserving the confidence of the public, by telling
the whole truth, though it is not favorable, and by acting consistently upon real
facts, though they are not pleasant.
The act of June 20, 1874, is memorable in that the title of the act of
June 3, 1864, was, as heretofore noted, changed from "National
Currency Act" to "The National Bank Act." That act marked the
beginning of the change of national banks from currency-issuing units
to actual banking units. Thereafter, slowly, but with ever-increasing
recognition, the national banking system became important because
of the credit facilities afforded, rather than for the currency which its
members issued. However, at that time the national bank system
was still important from a currency standpoint. As a matter of
fact, whereas the national bank circulation had previously been limited
to three hundred million, dollars, the act of June 20, 1874, lifted all
limitations and the national bank circulation increased to a peak of
$1,122,452,661 on October 31, 1914. An extensive history of national
bank circulation is contained in the annual report of the Comptroller
for the year 1935.
National banks no longer have any liability for circulating notes,
provision having been made in 1935 for the retirement of all outstanding currency of this type. Despite the fact that national bank
circulation reached an all-time peak one year after the passage of the
Federal Reserve Act, that act with its provisions for furnishing a form
of currency possessing more elastic characteristics than other forms,
clearly contemplated the eventual retirement of the national bank
notes. However, that act, which was undoubtedly one of the most
6
REPORT OF THE COMPTROLLER OF THE CURRENCY
important single pieces of banking legislation in this country since the
act of February 25, 1863, gave even greater dignity to the national
bank system as a whole by u§ing that system as a nucleus for the
Federal Reserve System. Furthermore, while unquestionably a
transition in the duties of the Comptroller's office had been in process
prior thereto, the supervisory functions gradually assuming more and
more importance, the passage of the Federal Reserve Act definitely
forecast the eventual termina tion of its duties as a currency bureau
and its continual growth as the major bank-supervisory agency.
On June 30, 1922, approximately nine years after the enactment of
the Federal Reserve Act, there were in active operation 8,249 national
banks, the largest number on any "call date" in the history of the
national bank system.
Happily, the decade now drawing to a close witnesses the banking
structure of the country in a much sounder and more stabilized condition than in the early days of the thirties. As bad as conditions
were then, however, they appear to have been infinitely better than
prior to 1863. Again drawing on Comptroller Knox's report, we
quote as follows:
Elliot's funding system gives a list of 55 banks in the United States, with an
aggregate capital of $67,036,265, which failed in 1841. The total bank capital
in that year, as stated by Elliot, was $317,642,692, and the failures therefore
represented more than one-fifth of the entire bank capital of the country. It is
further mentioned that, in nearly every instance, the capital invested in such
failures was wholly lost.
and, further:
The experience of this country, previous to the organization of the national
banking system, has shown that in 20 years an amount equal to its w^hole banking
circulation was lost in the hands of the people—the loss by bills of broken banks
alone being computed to have been at the rate of 5 percent per annum. There
has been no loss whatever upon the circulation of the national banks, and no loss
to the bill holder can arise so long as the present laws shall remain in force.
Originally, the National Currency Act empowered and directed the
Comptroller of the Currency, with the approval of the Secretary of
the Treasury, to appoint a suitable person or persons to make an
examination of the affairs of every national banking association as
often as the Comptroller should deem it necessary or proper. From
the language of the act, which excludes any director or officer from
making an examination of the affairs of the association with which
he is identified, it is apparent that the appointment of an examiner for
each examination was contemplated. At first it was the practice to
employ individuals of the locality wherein the bank was located to
conduct the examination. However, because of the necessity of
having experienced and specially qualified men for this work, it was
not long before a corps of examiners was organized to make the
examinations.
An early Comptroller, referring in his annual report to the examinations for that year, stated that an effort had been made to examine
all national banks considered to be in a wefek or insolvent condition.
It was not until 1913 that the law made provision for regular, semiannual examinations.
Shortly after the passage of the Federal Reserve Act, and in view
of the increased recognition of the importance of examinations in the
supervision of national banks, the Comptroller designated district
chief examiners, one for each of the 12 Federal Reserve districts, and
REPOKT OF THE COMPTROLLER OF THE CURRENCY
7
provided for the employment of assistant national bank examiners to
work under the district chiefs.
At first the examiners were paid at the rate of $5 a day for every
day engaged, and $2 a mile for every 25 miles of travel, the expense
to be borne by the association examined. Subsequently, by law, a
regular fee, based upon the amount of the capital of the bank, was
charged for an examination. This, of course, was changed with the
passage of the Federal Reserve Act. Since then the examiners have
been paid stated salaries and expenses, and the fees charged the banks
have been based upon the amount of their total assets or resources.
Urging that means be provided to defray the expense of more frequent and thorough examinations, a Comptroller of many years ago
wrote in his annual report to Congress as follows:
It is not to be supposed that the short time usually spent in the examination
of a national bank will be sufficient, in all cases, to detect bad management or
defalcations. If the directors of national banks, to whom are confided the interest of shareholders, neglect their duties, it is not to be expected that an examiner
shall, in a single day, detect and correct the abuses of a year. A number of days
is required for the thorough examination of a national bank of any considerable
business, and if it is expected that the reports to this office shall detect and expose
defalcations and other violations of law, the means should be provided of defraying the expenses of more frequent and thorough examinations.
•
The change from the fee system of compensation to a stated salary
basis distinctly increased the efficiency and the morale of the examining staff, and the establishment of regional offices and the employment of assistant examiners also proved to be wise moves. In the
act of August 23, 1935, Congress made provision for the establishment of a retirement system which has proved to be a further aid in
attracting to the examining service men of ability and good character
who intend to make the service a career. It has long been the practice, when vacancies occur, to promote assistants to examiners' positions provided they can qualify and can pass oral and written examinations. Applicants for appointments as assistant examiners are
expected to fulfill certain minimum requirements with respect to
educational advantages and banking experience.
The employees of the Comptroller's office, in the main, are engaged
in a career service. The average tenure of office for the 12 district
chief national bank examiners in those positions is 10 years; their
average actual period of service in the employ of tnis office, however,
is much longer. The average tenure in office of the national bank
examiners is 8 years, although here again the average period of service in the employ of this office as assistant examiners or otherwise,
preparatory to receiving commissions as national bank examiners, is
much longer; Several have been in the service more than 20 years.
On several occasions the experience and efficiency of the staff of
this office has been availed of by other governmental agencies. When
the War Finance Corporation was created in 1918, it borrowed several national bank examiners. More recently, the Keconstruction
Finance Corporation borrowed a number of examiners to help it perfect its organization, and in 1933 with the establishment of the Federal Deposit Insurance Corporation, employees of this office played
an important part not only in assisting in setting up the organization
of that Corporation, but in making the preliminary examinations of
State banks which wished to obtain the benefits of deposit insurance.
The efficiency of the career-service employees of this office can be
8
REPORT OF THE COMPTROLLER OF THE CURRENCY
illustrated by the fact that with a staff of only 767 employees in the
field service, examinations were made of 10,506 banks, in addition to
which examinations were made of 3,162 branches of national banks,
2,381 trust departments, and 132 affiliates. Equally impressive records have been made by the remaining portion of the 1,297 officials
and employees of this office, both with respect to their work in connection with the supervision, regulation, and examination of national
banks and the supervision of the liquidation of the insolvent associations.
The existing systems of banking and Federal bank supervision are
not perfect. There are many adjustments which must be made to
meet changing conditions. In determining the character of these adjustments, great care and wisdom must be exercised. Every available
resource must be thoroughly explored and to that end it is essential
that there be very close cooperation between bankers and the Government and between the several agencies of the Government which are
interested in the subject. It is manifest that every effort should be
made to preserve the good features of the existing systems, recognize
.find correct their shortcomings, and formulate methods whereby banking may be made to conform to the needs and demands of our rapidly
changing economy. This requires vision and imagination, wisdom
and statesmanship. Because of the intricacies of our present-day
economic structure, the task is difficult. However, it is essential that
the future development of our banking system should be carefully
planned, rather than permitted to evolve haphazardly, in order that
adequate credit facilities, so essential to our continued economic and
social progress, shall be available even in times of stress and great
emergency.
Because a thorough investigation of our banking laws and the need
for changes in them is now under way by a Senate committee, no
recommendations for legislation are included in this report.
STRUCTURAL CHANGES IN THE NATIONAL BANKING SYSTEM
The authorized capital stock of the 5,205 national banks in existence
at the close of business October 31, 1939, consisted of common capital
stock aggregating $1,323,295,420, a net increase during the year of
$9,446,337, and preferred capital stock aggregating $239,292,352, a
net decrease during the year of $20,428,600.
Covering the entire period since the inception of the national
banking system, February 25, 1863, to and including October 31,
1939, 14,421 national banking associations have been authorized to
begin business. Of these banks, 6,007 have gone into voluntary liquidation in the manner provided by sections 5220 and 5221, U. S. R. S.,
paid their depositors, and quit business or merged with other national
and State banks; and 408 have consolidated with other national
banking associations under authority of the act of November 7,
1918. Exclusive of banks which failed but subsequently were restored
to solvency, loss to the national banking system since its inception
through receiverships has been 2,801 banks.
At the date of the beginning of operation of the Federal Reserve
System, November 2, 1914, there were 7,578 national banks in existence with aggregate common capital stock of $1,072,492,175, as
compared with the total common capital stock of $1,323,295,420 for
REPORT OF THE COMPTROLLER OF THE CURRENCY
9
the 5,205 national banks in existence October 31, 1939. In addition,
1,618 of the national banks in existence October 31, 1939, had an
aggregate of $239,292,352 of preferred capital stock outstanding.
Since November 2, 1914, there has been a net decrease of 2,373 in
the number of national banks in existence but a net increase of
$250,803,245 in the amount of the common capital stock and in
addition a net increase of $239,292,352 in capital through the issuance
of preferred capital stock during the last 6% years. During this
25-year period, 3,769 new national banks have been chartered, with
aggregate common capital stock of $563,736,600 and preferred capital
stock of $55,304,300.
During the year ended October 31, 1939, in addition to 19 applications with proposed capital stock of $3,295,000 carried over from
the previous year, 34 applications were received to organize national
banks and to convert State banks into national banking associations,
with proposed capital stock aggregating $5,175,000. Of these applications 21 with proposed capital stock aggregating $3,425,000 were
approved; 5 with proposed capital stock of $350,000 were rejected;
and the remainder were still pending or had been abandoned on
October 31, 1939. From the applications carried over from the
previous year and the 21 applications approved during the current
year, 19 national banking associations with common capital stock
aggregating $2,845,000, 2 of which also had $80,000 preferred capital
stock, were authorized to commence business. Of the 19 charters
issued, 13 with common capital stock aggregating $2,220,000, 1 of
which also had $55,000 preferred capital stock, were the result of the
conversions of State banks; and 2 with common capital stock of
$75,000, 1 of which also had $25,000 preferred capital stock, were
organized for the purpose of acquiring the business of 2 liquidating
national banks.
During the year ended October 31, 1939, 4 national banks and 2
State banks were consolidated into 3 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 $649,000 and the preferred capital stock being $700,000. In 1
case there was an increase of $134,000 in the common capital stock
and a decrease of $75,000 in the preferred capital stock. Additional
assets of approximately $7,721,804 were brought into the national
system by reason of the 2 State banks consolidated with national
banks. Also, during this period, national banks reported the purchase of the business of 22 State banks, with aggregate capital stock
of $894,062 and aggregate assets of approximately $9,469,000.
During the year ended October 31, 1939, 56 national banks with
common capital stock of $5,581,500, among which were 19 with
preferred capital stock aggregating $1,484,500, went into voluntary
liquidation in the manner provided by sections 5220 and 5221,
U. S. R. S. Of these banks, 7 with common capital stock of $200,000,
and assets of $755,457, including 3 with preferred capital stock aggregating $52,500, paid their depositors and quit business; 26 with
common capital stock of $2,508,500 and assets of $49,267,108, including 6 with preferred capital stock aggregating $752,500, were succeeded by other national banks; and 23 with common capital stock
of $2,873,000 and assets of $39,615,325, including 10 with preferred
capital stock aggregating $679,500, were succeeded by State banks.
10
REPORT OF THE COMPTROLLER OF THE CURRENCY
Changes in the number and capital stock of national banks during
the year ended October 31, 1939, are shown in the following summary:
Organization, capital stock changes, and liquidations of national banks during the
year ended Oct. SI, 1939
Number
of banks
Capital stock
Common
Charters issued:
Reorganizations
Conversions
Primary
-._
Increases of capital stock:
Preferred: 29 banks, by new issues
Common:
40 banks, by regular cash increases
22 banks, by regular stock dividends
633 banks, by stock dividends under provisions of their
articles of association
3 banks, by conversion of preferred capital stock
1 bank, by consolidation under act Nov. 7, 1918, as
amended
_.
$50,000
25,000
2,175,000
45, 000
550,000
10, 461,250
10,142,387
98, 250
134,000
Voluntary liquidations:
Succeeded by national banks
Succeeded by State banks.
Quit business
-_
Receiverships:
Banks in active operation
Banks previously reported in voluntary liquidation
Decreases of capital stock:
Preferred:
1,468 banks, by retirement
17 banks, by decrease of par value
_
Common: 36 banks, by reduction
Capital stock decreases incident to consolidation (act Nov. 7.1918).
Charters in force Oct. 31,1939, and authorized capital stock..
17,935, 637
10, 541, 250
2, 508, 500
2,873,000
200,000
752, 500
679, 500
52, 500
140,000
525,000
80,000
27,862,100
1,468, 250
2, 767,800
75,000
63
Net decrease in preferred capital stock
Net increase in common capital stock t__
Net decrease in number of banks
_
Charters in force Oct. 31, 1938, and authorized capital stock..
$25,000
"55,'666
3, 517, 750
1,198, 250
Total increases..
Total decreases.
Preferred
9,014,300
30,969,850
20,428,600
9, 446,337
M2
5,247
"i,"313,"849,083
259, 720,952
5,205
1,323, 295,420
239,292, 352
1
Net increase in common capital stock after adjustment for capital stock of 2 receivership banks previously
reported in voluntary liquidation.
» Net decrease in number of banks in existence after adjustment for 2 receivership banks previously reported in voluntary liquidation.
BRANCHES
On February 25, 1927, the date of the passage of the McFadden
Act, 118 national banking associations had in operation 372 branches,
as compared with 192 national banking associations with 1,594
branches as of the close of business October 31, 1939.
In the entire period from February 25, 1927, to the close of business
October 31, 1939, 2,076 branches have been added to the national
system. Of these branches, 1,240 were de novo branches, 326 were
branches of State banks which converted into national associations,
and 510 were branches brought into the system by the consolidation
of State banks with national banks. During this same period 854
branches have been relinquished, of which number 569 went out of the
system through liquidation of the parent institutions, and 285 through
11
BEPORT OF THE COMPTROLLER OF THE CURRENCY
consolidations or for other reasons. The net result of these operations
was a gain of 1,222 branches since February 25, 1927.
During the year ended October 31, 1939, 33 branches were brought
into the national system. Of these branches, 20 were de novo branches
and 13 were branches of a State bank which was converted into a
national banking association. Of the 20 de novo branches authorized,
16 were authorized under the Banking Act of 1933 to operate in
places other than the city in which the parent bank is located. During
this same period, 5 branches were relinquished through the liquidation
of the parent institution and 4 were discontinued through action of the
board of directors of the parent bank. The net result of these operations was a gain for the system of 24 branches during the year ended
October 31, 1939.
A summary of the status of branch-banking operations in the
various periods appears in the accompanying table:
Number and kind of branches on Feb. 25, 1927, and number and manner of acquisition of additional branches of national banks, by years, to close of Oct. 31, 1939
Authorized
Closed
In existence
Under act of
Feb. 25, 1927, as
amended
On Feb. 25, 1927
Period ended Oct. 31, 1927_._
Year ended Oct. 31, 1928
Year ended Oct. 31, 1929
Year ended Oct. 31, 1930
Year ended Oct. 31, 1931..
Year ended Oct. 31,1932..
Year ended Oct. 31, 1933..
Year ended Oct. 31, 1934..
Year ended Oct. 31, 1935
Year ended Oct. 31, 1936..
Year ended Oct. 31, 1937..
Year ended Oct. 31, 1938..
Year ended Oct. 31, 1939
Total
165
296
104
62
82
5
95
162
491
510
207
127
103
89
86
50
102
106
49
13
6
14
2
4
958
58
64
152
75
489
372
527
173
173
92
145
264
164
113
171
81
110
30
33
372
1,061
1,086
1,184
1,314
1,211
1,264
1,393
1,460
1,546
1,570
1,594
15
17
241
24
10
2,448
261
118
158
161
157
154
151
147
152
179
177
190
192
191
192
285 1,594
Number and kind of branches authorized and closed during the year ended Oct. 31,
1939
Author- Closed
ized
In op- In exeration istence during
Oct.
year
Feb.
31,
ended
By
25,
1938 Oct. 31, share1927
1939 holders
Classes
_,. . ,
(Q,
}
Statutory^
Additional offices, c branches
Millspaugh Act
>-» r.
-L. f l o c a l
Cbranches
{otherthan I6cal
Total
II"
363
165 \f 296
74
202
2
5
385
450
372 1
1,570
during the year ended
Oct. 31, 1939
By
directors
13
4
16
3
2
4
33
5
4
Lapsed
Insolvent
Total
in existence
Oct. 31,
1939
363
309
74
2
382
464
1,594
NOTE.—Branches classified according to the paragraphs of sec. 5155, U. S. R. S., under which they are
authorized as a, b, and c.
205927—40
2
12
REPORT OF THE COMPTROLLER OF THE CURRENCY
Number and manner of acquisition of domestic branches of national banks during
the year ended Oct. SI, 1939
Branches authorized during
the year ended Oct. 31,1939
Charter
No.
Title and location
Under act Feb. 25,
1927, as amended
Local
Other
than
local
Total
ALABAMA
14414
State National Bank of Decatur
13
13
CALIFORNIA
8907
The Citizens National Trust and Savings Bank of Riverside..
1
IDAHO
1668
Idaho First National Bank of Boise
1413
The First National Bank of Baltimore
MARYLAND
N E W JERSEY
13537
West Hudson National Bank of Harrison
1461
1354
11033
13382
The National City Bank of New York
The National Bank and Trust Company of Norwich
The Nassau County National Bank of Rockville Centre
First National Bank in Yonkers
13721
First National Bank and Trust Company in Asheville_.
N E W YORK
NORTH CAROLINA
OREGON
4514
The United States National Bank of Portland
2044
The South Carolina National Bank of Charleston
4631
First National Bank of The Black Hills, Rapid City
SOUTH CAROLINA
SOUTH DAKOTA
WASHINGTON
4375
14394
11280
The National Bank of Commerce of Seattle. __
Peoples National Bank of Washington in Seattle
Seattle-First National Bank, Seattle. _
Total (16 banks) .
29
33
REPORT OF THE COMPTROLLER OF THE CURRENCY
13
Number and class of domestic branches of national banks closed during the year
ended Oct. 31, 1939
Branches closed
Charter
No.
Title and location
Manner of closing
Branches under act
State
of Feb. 25, 1927,
bank
as amended
branches
in operation
Addi25, Total
tional
Branches Feb.
1927,
offices
authorwhich
which
ized
were conbecame
since
verted
branches Feb. 25, or
conFeb. 25,
1927
solidated
1927
NEW YOKE
First National Bank & Trust
Company of Elmira.
13237 The Dunbar National Bank of
New York, i
1461 The National City Bank of New
York.
11034 The Public National Bank and
Trust Company of New York.
149
Voluntary liquidation,
do _ .
4
4
1
1
Board of directors
1
1
do
1
1
2
Union National Bank of Reading. . . . . . d o
Total (5 banks)
1
1
8
1
9
PENNSYLVANIA
14277
i Reported in voluntary liquidation June 1, 1938.
CHANGES IN PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF
NATIONAL BANKS IN THE YEAR 1939
Loans and discounts of all national banks in the United States and
possessions on June 30, 1939, were $8,574,000,000, an increase of
$239,000,000 in 12 months. Loans on real estate increased $202,000,000, and loans to brokers and dealers in securities increased
$19,000,000. The change in other loans secured by United States
Government and other securities is not available since prior to December 31, 1938, loans to other than brokers and dealers in securities
included all loans, except loans to banks, secured by bonds, stocks,
and other securities.
Investments increased $909,000,000 and amounted to $12,553,000,000 at the end of the year. United States Government direct
obligations of $6,900,000,000, and obligations guaranteed by the
United States Government as to interest and principal of $1,870,000,000, increased in the year $390,000,000 and $392,000,000, respectively.
Obligations of States and political subdivisions increased $267,000,000
and amounted to $1,694,000,000 while other bonds, notes, and debentures decreased $90,000,000 to $1,864,000,000. Corporate stocks,
including stock of Federal Reserve banks, totaling $225,000,000,
decreased $50,000,000 during the 12 months ending June 30, 1939.
Cash, balances with other banks, including reserve balances and
cash items in process of collection, increased $1,625,000,000 and
amounted to $11,075,000,000 at the end of the year.
The total deposits on June 30, 1939, amounted to $29,469,000,000,
an increase of $2,653,000,000 during the year. These deposits comprise
demand deposits of $21,287,000,000, which increased $2,555,000,000,
14
REPORT OF THE COMPTROLLER OF THE CURRENCY
and time deposits of $8,182,000,000, which showed an increase of
$98,000,000.
Total capital funds of $3,390,000,000 represented an increase of
$116,000,000. Common stock increased $9,000,000 while preferred
stock decreased $19,000,000. Surplus, profits, and reserves increased
$126,000,000.
Figures with respect to the above mentioned asset and liability
items of national banks, together with a balance sheet covering each
of the four calls made on such barfks in the year ending October 31,
1939, appear in the accompanying tables:
Changes in principal items of assets and liabilities of national banks, year ending
June 30, 1939
[In millions of dollars]
June 30,
1939
Number of banks.
_
_
Changes in
12 months
5,209 /
-39
ASSETS
Loans and discounts:
Loans to brokers and dealers in securities and other loans for the purpose of
purchasing or carrying stocks, bonds, and other securities
Real estate loans
All other loans, including overdrafts...
Total loans and discounts
_
Investments:
U. S. Government direct obligations
_.
Obligations guaranteed by U. S. Government
. .
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve banks
1 +19
+202
+18
8,574
+239
6,900
1,870
1,694
1,864
225
+390
+392
+267
-90
-50
12, 553
+909
11,075
+ 1 , 625
33,181 <
+2,803
_
13, 644
7,643
+1,506
+1,049
__
21, 287
+2, 555
6,773
1,409
+135
-37
Total investments
_.
Cash, balances with other banks, including reserve balances and cash items in
process of collection...
__
Total assets
733
1,829
6,012
,
LIABILITIES
Demand deposits:
Individuals, partnerships, and corporations
Other
_...
Total demand deposits...
Time deposits:
Savings
Other
_
_
_
.
Total time deposits
Total deposits
Total liabilities, excluding capital accounts
_
8,182
+98
29, 469
+2,653
29, 791
+2,687
247
1,316
1,827
+126
3,390 /
+116
CAPITAL ACCOUNTS
Capital stock:
Preferred
Common _
Surplus, profits, and reserves..
Total capital accounts
Total liabilities and capital accounts
__
-
_ .
_
_.
33,181
—19
+9
+2,803
1
Represents only increase in loans to brokers and dealers in securities since prior to Dec. 31, 1938, loans
to other than brokers and dealers in securities included all loans, except loans to banks, secured by bonds,
stocks, and other securities.
REPORT OP THE COMPTROLLER OF THE CURRENCY
15
Assets and liabilities of national banks on dates indicated
[In thousands of dollars]
Dec. 31,
1938 (5,230
banks)
Mar. 29,
1939 (5,218
banks)
June 30,
1939 (5,209
banks)
Oct. 2,
1939 (5,202
banks)
ASSETS
Loans and discounts, including overdrafts.
U. S. Government securities, direct obligations
Obligations guaranteed by U. 8. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
banks
._
Total loans and investments
Cash, balances with other banks, including reserve balances, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or
accrued but not collected
Other assets
Total assets.._
8,489,120
7,172, 471
1, 533,488
1,607,129
1,918, 693
227, 412
8, 468,480
6, 861, 577
1, 712, 207
1, 665, 911
1, 889,166
8, 573, 703
1, 869, 844
1, 693, 684
1, 864, 354
8, 764,196
6, 828, 512
1, 921, 999
1, 793, 798
1, 801, 936
226, 435
225,119
224, 704
20,828, 776 21,126, 589
21,885,145
9, 706, 409 10,014,766 11, 074, 806
HI5, 093
609, 146
617,601
144,952
141, 239
146, 811
12, 374,891
607, 715
137, 591
69, 522
64,404
70, 388
56, 045
70,417
51, 656
69, 218
42, 291
60, 600
52, 517
65,017
54, 359
60, 552
46,173
65, 496
52, 329
31, 666,177 31, 844, 396 33,180, 578
34, 684, 676
LIABILITIES
Demand deposits of individuals, partnerships, and cor12, 962, 084 12, 762, 685 13, 643, 678
porations
Time deposits of individuals, partnerships, and cor7, 519, 544 7, 582, 235 7, 665, 426
porations
580, 995
543, 258
584, 932
Deposits of U. S. Government, including postal savings
2,175, 390 2, 290, 992
Deposits of States and political subdivisions..
___. 2,138,982
4, 500, 636 4, 777, 667 4, 882, 437
Deposits of banks
290, 279
443, 678
344, 498
Other deposits (certified and cashiers' checks, etc.)
Total deposits
28,050,676 28,169,251
Bills payable, rediscounts, and other liabilities for bor5,980
rowed money
5,608
Mortgages or other liens on bank premises and other real
153
293
estate
Acceptances executed by or for account of reporting
61,
303
71, 785
banks and outstanding
Interest, discount, rent, and other income collected but
32,411
29,
288
not earned
56, 704
40, 960
Interest, taxes, and other expenses accrued and unpaid.
157, 395
139,423
Other liabilities
._....
Total liabilities
'9,469,469
3,540
14, 633,038
7, 673, 370
531, 902
2, 095,159
5, 681,162
366, 062
'0,980,698
2,997
279
140
57,636
51,812
35, 273
45, 978
178, 891
28, 483,197 29, 791, 066
37,084
55, 557
136, 620
31, 264, 903
1, 565, 333
1,159, 886
444, 576
191, 404
1, 562,956
1,170, 822
449, 352
206, 382
1, 559, 411
1,181,016
467, 404
211, 942
3, 361,199
59, 512
3, 419, 773
31, 666,177 31, 844, 396 33,180, 578
34, 684, 676
28,338,033
CAPITAL ACCOUNTS
Capital stock (see memoranda below)
Surplus
Undivided profits
Reserves (see memoranda below)
1, 570, 622
1,149,005
419, 654
Total capital accounts
Total liabilities and capital accounts
MEMORANDA
Par value of capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total
Retirable value of preferred capital stock:
Class A preferred stock
Class B preferred stock
Total__
1
Revised.
i 238, 828
i 18, 609
1, 317, 658
i 1232,150
18, 453
1, 318, 552
i1228, 309
18, 264
1, 319, 430
1 221, 249
1 17, 777
1, 322, 897
1, 575,095
1, 569,155
1, 566, 003
1, 561, 923
i 2G5, 422
i 20, 507
i1263, 283
20,414
i 259, 738
i 20, 255
1 253, 989
1 19, 780
285, 929
283, 697
279, 993
273, 769
16
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks on dates indicated—Continued
[In thousands of dollars]
Dec. 31,
1938 (5,230
banks)
Mar. 29,
1939 (5,218
banks)
June 30,
1939 (5,209
banks)
5,324
8,891
15,355
159,293
6,181
5,138
13,283
166,802
5,549
9,687
15,935
175,211
211,942
188,863
191,404
206,382
211,942
2,269,758
2,182.942
2,192,832
2,110,911
568,179
575,384
579,147
608,578
94, 730
25,404
93,676
14,520
93,378
5,998
94,183
13,177
.
2,958,071
2.866. 522
2,871,355
2,826,849
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law ._
.
Borrowings secured by pledged assets, including
rediscounts and repurchase agreements
Other liabilities secured by pledged assets
2,387,371
2,324,290
2,321,687
2,226,906
4,858
1,123
5.476
981
2,915
967
2,465
950
2,393,352
2,330,747
2,325,569
2,230,321
MEMORANDA—continued
Reserves:
Reserve for dividends payable in common stock
Reserves for other undeclared dividends
Retirement account for preferred stock
_
Reserves for contingencies, etc
__
Total
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged to secure deposits and other liabilities
. Other assets pledged to secure deposits and other
liabilities, including notes and bills rediscounted
and securities sold under repurchase agreement...
Assets pledged to qualify for exercise of fiduciary or
corporate powers, and for purposes other than to
secure liabilities
Securities loaned
Total
.
Total.-
Oct. 2,
1939 (5,202
banks)
EARNINGS AND EXPENSES OF NATIONAL BANKS FOR YEAR ENDING
JUNE 30, 1939
Gross earnings of national banks in the year ending June 30, 1939,
were $839,000,000, or $11,000,000 less than those of the preceding
year. Interest and discount on loans equaled $377,000,000 and
interest and dividends on bonds, stocks and other securities
$304,000,000. Expenses were $9,000,000^ less than in the preceding
year, amounting to $577,000,000. Of this, salaries, wages, and fees
accounted for $250,000,000 and interest on deposits and borrowed
money, for $118,000,000. Net operating earnings were $262,000,000,
which were increased by $212,000,000 of recoveries. Recoveries on
loans were $33,000,000; recoveries on bonds, stocks and other securities, $35,000,000; and profits on securities sold, $130,000,000. Losses
and depreciation of $249,000,000 were $31,000,000 more than in the
preceding year. Losses on loans were $85,000,000 and losses on bonds,
stocks, and other securities, $116,000,000. Net additions to profits
were thus $225,000,000 and were $17,000,000 more than those in the
previous year and were 6.75 percent of capital funds.
Interest and discount on loans accounted for nearly 45 percent of
the gross earnings in the year ending June 30, 1939, varying in ratios
from less than 33 percent in Federal Reserve district No. 7 to approximately 57 percent in district No. 12. Interest and dividends on
investments were 36 percent of total earnings, with the banks in
district No. 11 showing the smallest ratio of 25 percent and those in
district No. 3 the largest ratio of 46 percent. Salaries, wages, and fees
were 30 percent of total earnings, ranging from nearly 24 percent in
district No. 3 to slightly more than 33 percent in district No. 9. The
17
KEPORT OF THE COMPTROLLER OF THE CURRENCY
net operating earnings to gross earnings showed averages of from
25K percent in district No. 9 to 35 percent in district No. 3.
Interest and discount on loans to total loans were 4% percent and
varied from less than 3K percent in district No. 2 to 5% percent in
district No. 11. Interest and dividends on bonds, stocks, and other
securities averaged. 2}i percent of total investments, the banks in
district No. 2 showing the lowest ratio of 2 percent while the banks in
district No. 3 showed the highest ratio of nearly 3% percent. Profits
on securities sold during the period were 1 percent of total investments,
varying from % percent in district No. 9 to 1% percent in district No. 12.
Net operating earnings were 8 percent of total capital funds, the
lowest ratio being 6 percent in district No. 1, and the highest ratio
11 percent in district No. 12. The net additions to profits for the
period were 6% percent of capital funds, the average ranging from 4%
percent in district No. 2 to 10% percent in district No. 10.
The proportion of gross earnings which were preserved as net
additions to profits before dividends were better among the larger
banks than among the smaller for the calendar year 1938. For banks
with deposits of more than $100,000,000 the ratio of net additions to
profits to gross earnings was 26.8 percent while for banks of $500,000
deposits or less it was 18.8 percent.
Changes in the earnings and expense figures of national banks in
the year ending June 30, 1939, together with a comparison of earnings
and expense figures for each of the 5 years ended June 30,1939, appear
in the accompanying tables:
Earnings and expenses of national banks for year ending June SO, 1939
[In millions of dollars]
Year end- Increase or
decrease
ing June
for year
30,1939
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other securities
Other earnings
___
_
Total
Expenses:
Salaries, wages, and fees
_ _
_
Interest on deposits and borrowed money
Taxes
Other expenses
__.
Total
Net operating earnings
_
_
Recoveries, profits on securities sold, etc.:
Recoveries on loans
.
_.
Recoveries on bonds, stocks, and other securities
Profits on securities sold Allother
Total
_
Total net operating earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities __
On banking house, furniture and fixtures
Other losses and depreciation.
Total..
Net additions to profits
Dividends _
Net additions to profits to average capital funds
Net additions to profits to net earnings.
Expenses to gross earnings
..
. >_
377
304
158
839
0
-9
-2
-11
250
118
53
158
577
+5
262
—2
—9
-1
-4
-9
33
35
130
14
212
-3
+50
474
+48
85
116
27
21
249
+19
+13
225
138
Percent
6.75
85.73
68.73
+17
-6
Percent
+.34
+6.98
-.15
-6
+6
+53
+2
-3
+31
Earnings and dividends of national banks, years ended June 30, 1985-39
QO
[In thousands of dollars. Figures for previous years, beginning 1869, published in report for 1937, pp. 96-107]
1935
Number of active banks
Capital stock, par value:
Preferred stock
Common
Total
.
Surplus
Total capital and surplus
Capital fundsi
_
1936
1937
1938
1939
5,431
5,374
5,299
5,248
5,209
525,122
1, 288,848
1,813,970
831,846
2, 645, 816
3,086,418
443,489
1,254,762
1, 698, 251
973,393
2, 671, 644
3,165, 728
298, 977
1, 288,749
1, 587,726
1,073,154
2, 660, 880
3, 212, 165
266, 095
1,311,326
1, 577, 421
1,118, 413
2. 695, 834
3, 273, 819
246,573
1,319,430
1, 566,003
1,170,822
2, 736, 825
3. 389, 512
o
s
W
Percent
Percent
Percent
Percent
Amount Percent
to total Amount to total Amount to total Amount to total Amount to total
Gross earnings:
Interest and discount on loans
346,995
323, 491
Interest and dividends on bonds, stocks, and other securities
19, 438
Collection
charges, commissions,
fees, on
etc foreign loans,
.. investments,
____
Foreign
department
(except interest
and bank
balances)
. __.
8,324
26, 479
Trust department
22, 685
Service charges on deposit accounts
__ _ _ _
Kent received
} 3 55, 722
Other current earnings _
803,134
Total earnings froin'current operations
Expenses:
4
Salaries and wages:
Officers.. _
.
] 209, 217
Employees other than
officers
4
Number of officers ___ _ __
Number of employees other than officers 4
42.94
89.30
2.67
356, 732
331, 666
23,179
42.11
39.15
2.73
44.88
36.85
2.54
377,149
303,699
21, 726
44.94
86.19
2.59
5,781
.68
33, 447
3.93
33, 519
8.94
53, 092
6.24
312, 628
1.49
850, 551 100.00
5,545
31, 685
36, 378
52, 210
10, 743
839, 135
.66
3.78
4.84
6.22
1.28
100.00
99, 569
144, 576
25,719
98,509
17.26
25.07
.88
.24
21.62
.05
8.68
6.74
.80
27.47
97,198
142, 445
26, 512
97,157
864
957
125, 231
323
22, 266
31, 533
4,981
160,084
577,851 100.00
269, 346
585,882
264, 669
5,517
1.00
8,477
.69
1.04
30, 222
33, 779
3.99
8.79
8.30
26, 139
29,353
2.82
8.46
8.28
f 2 23, 242
5.92
6.94 \ 3 35, 304 } 7.83 if 3 50,125
13, 886
1.64
798, 082 100.00
100.00
847,197 100.00
87.82
.
8,009
1.45
Interest on demand deposits .._
„
1, 875
.84
Interest on deposits of other banks __ _
155, 632 28.18
Interest on time and savings deposits
__ _
612
.11
Interest and discount on borrowed money
Real-estate taxes .
__ __
Other taxes
\ 41,992
7.59
Fees paid to directors and members of executive, discount, and advisory committees
.
_
I 135, 866 2456
Other expenses
Total current expenses
553, 203 100.00
Net earnings.
____
249, 931
342, 673
313,661
21, 324
48.20
40.28
2.42
f
\
/
I
214,450
24,804
92,885
5,544
1,550
132,058
321
* 10, 708
34,290 \
3 2,089
150,718 |
551, 728
246, 354
93,247
38.87 if 135,363
24,798
96,865
4,788
1.00
1,377
.28
124,918
23.94
280
.06
/ 21,304
8.15 \ 33,159
/ 4,661
27.70 \ 158,754
100.00
16.14
23.48
377,076
313, 403
21, 605
16.69
24.81
.15
.16
21.88 \ 118,233
.06
136
8.80
21,897
5.38
31,050
5,231
.85
156,052
27.82
100.00
576, 744
262, 391
I
Q
20.50
.02
8.80
6.38
.91
27.06
100.00
a
Recoveries, profits on securities sold, etc.:
Recoveries on loans
_
.
Recoveries on bonds, stocks, and other securities .
Profits on securities sold
Allother..
. __
Total
.__
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
_
On bonds, stocks, and other securities
On banking house, furniture and
Other losses and depreciation
Total
Net addition to profits
Dividends:
On preferred stock
On common stock
Total..
_
32,341
} 156,645
9,246
_.
.._
_
198,232
fixtures
_
__ __
.
..
.-_
__
_
100.00
154,964
93,339
24, 387
30,951
376, 791
71,372
100.00
303, 641
241,654
16,176
6 87, 241
103, 417
279, 583
22.98
26.18
44-66
6.18
100.00
548,929
545, 295
49.96
36.29
6.92
7.88
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 6 months ended June 30, 1936, when first called for separately.
3
Revised to include interest on balances with other banks which was published separately
in previous reports.
4
Amounts paid to officers as distinguished from employees other than officers, and the
number of officers and employees were first called for separately in the 6-month period
ended June 30, 1936. Figures showing the number of officers and employees represent
the number of salaried officers and the number of full-time and part-time employees
other than officers on the pay roll at the end of the period.
«6 months ended June 30, 1936. Such profits were also called for separately in the
298, 941
188, 237
136, 743
22, 313
29,498
Ratios:
Dividends on nommon stock to common capital
Dividends on common stock to common capital and surplus
Dividends on preferred stock to preferred capital
Dividends on preferred and common stock to preferred and common capital .
Dividends on preferred and common stock to capital funds
Dividends on preferred and common stock to preferred and common capital and
surplus
Net addition to profits to common capital
_ ..__
Net addition to profits to common capital and surplus
Net addition to profits to common and preferred capital
Net addition to profits to common and preferred capital and surplus
Net addition to profits to capital funds
Net addition to profits to net earnings
Expenses to gross earnings
1
100.00
448,163
_
64,082
64,243
16. SI
143,138
f 73,208
79.02 /\«78,808
} 74.24 1 124,858
4.67
12,913
17,274
4.82
51.04
so. 74
8.03
10.19
100.00
20,432
7105,172
125, 604
38,768
29,382
76,620
16,972
23.97
18.17
47.37
10.49
33,412
35, 217
129, 790
13, 504
16.77
16.62
61.24
6.37
161, 742
100.00
211,923
100.00
474,314
426, 411
111,000
94, 069
26, 434
30, 865
42.81
85.85
10.08
11.76
66,203
103,009
24, 592
24,184
262, 368
286, 561
100.00
217,988
208,423
SO. 37
47.25
11.28
11.10
100.00
9
9, 766
10 133,998
9
143, 764
14,496
8138,979
153, 475
84,897
116, 323
27,371
20,769
84.04
46.65
10.98
8.38
249,360
224,954
100.00
8,468
» 129,330
137, 798
O
o
o
Percent
6.77
4.11
3.08
5.70
3.85
Percent
8 38
4.72
4 61
7.40
8 97
Percent
10 78
5.88
4.85
9.67
4.78
Percent
10 22
6.51
8 67
9.11
4.89
Percent
9.80
5.19
8.43
8.80
4.07
S.91
5.54
8.87
8.98
2.70
2.31
28.56
68.88
4.70
19.26
10.85
14.23
9.05
7 63
98.09
69 13
5 77
22.24
12 IS
18 05
10.77
8 92
106.89
68 21
6 S3
15.89
8.58
13 21
7.73
6 87
78.75
68 88
5.03
17.05
9.03
14.36
8.22
6.64
85.78
68.73
years ended June 30,1927 to 1932. Beginning July 1,1932, however, and continuing until
Dec. 31, 1935, profits on securities sold were included with recoveries on bonds, stocks,
and other securities.
e Includes stock dividends of $2,243,000.
1 Includes stock dividends of $7,342,000.
8
Includes stock dividends of $30,141,000.
9
Revised.
10 Includes stock dividends of $21,853,000.
" Includes stock dividends of $10,109,000.
NOTE.—The number of banks, capital stock, surplus, and capital funds used in this
table are as of end of period.
K
I
O
H
o
20
REPORT OF THE COMPTROLLER OF THE CURRENCY
SIZE OF NATIONAL BANKS
There has been a considerable increase in the size of national banks
in the continental United States in the last 20 years. On June 30,
1920, there were 8,024 national banks and at that time there were
30,000 banks in all, contrasted with 15,000 in 1939. The national
banks had an aggregate of loans and investments of $17,500,000,000
in 1920. On June 30, 1939, there were 5,203 national banks with
$21,000,000,000 loans and investments. The average size of national
banks in 1920 was $2,200,000 of loans and investments. This had
increased more than two-fold by 1939 when the average size was
$5,700,000 in deposits. In 1920, 66 percent of all national banks
had loans and investments of $1,000,000 or less. This ratio in 1939
was 50 percent. In 1939, 70 banks had $50,000,000 or more of
deposits and 220 banks had between $10,000,000 and $50,000,000.
In 1920, there were only 37 banks with loans and investments of
$50,000,000 or more. The average size of the 70 banks in 1939 with
deposits of $50,000,000 or more was $246,000,000. The 37 banks in
1920 of this size averaged $141,000,000. The banks with over
$50,000,000 in 1939 had 56 percent of loans and investments of all
national banks. This size of banks had 30 percent of the loans and
investments for national banks in 1920.
The classification of national banks was by size of loans and investments in 1920, and was made a good many years ago. Because of
the large volume of cash funds held in 1939 it seemed better to classify
on the basis of deposits in that year. It is likely that a classification
on the basis of deposits in 1920 would have yielded practically the
same result as that on the basis of loans and investments.
The following tabulation shows the distribution by size of national
banks in 1920 and 1939:
Size of national banks: On the basis of loans and investments, June 80, 1920, and
deposits, June 30, 1939
[In millions of dollars]
Number of banks
Size groups
1920
1,315
861
1,423
811
260
184
37
Percent
13.8
25.3
16.4
10.7
17.7
10.1
3.2
2.3
.5
Percent
8.1
18.0
14.1
10.4
21.4
16.4
6.0
4.2
1.4
191
751
806
748
1,973
2,450
1, 765
3,634
5,229
76
349
459
472
1,574
2,601
2,159
4,501
17,224
8,024
5,203
100.0
100.0
17,547
29,415
1,104
$250,000-$500,000
$500,000-$750,000
$760,000-$! ,000,000
2,029
Total-.
Deposits
1939
424
933
738
543
1,115
851
309
220
70
Under $250,000.
$1,000,000-$2,000,000-.
$2,000,000-$5,000,000...
$5,000,000-$10,000,000-.
$10,000,000-$50,000,000.
Over $50,000,000-
1939
Percentage distribu- Loans
tion
and investments
1920
1939
1920
AFFILIATES AND HOLDING COMPANY AFFILIATES OF NATIONAL
BANKS
The Federal statute requires each national bank to obtain and
submit to the Comptroller periodically reports of its affiliates as
defined in section 2 (b) and (c) of the Banking Act of 1933 as amended,
unless waived by the Comptroller. On October 2, 1939, the date of
REPORT OF THE COMPTROLLER OF THE CURRENCY
21
the latest call, there were 960 national banks with 13,240 affiliates, 27
of which were holding-company affiliates. Under the waiver of requirement for reports of affiliates it was necessary for the banks to
submit and publish reports of only 695 of their affiliates. The 27
holding company affiliates controlled 188 national banks, varying in
number from 1 to 47 banks.
NATIONAL BANKS IN THE TRUST FIELD
The development of trust activities in national banks is reflected in
a substantial manner by statistics compiled for the fiscal year ended
June 30, 1939, which revealed that 1,884 of these institutions held
fiduciary permits, with a combined capital of $1,283,456,939, and
banking assets of $28,828,243,612, representing 36.17 percent of the
number, 81.95 percent of the capital, and 86.88 percent of the assets
of all banks in the national banking system.
Trust departments had been established by 1,534 of these banks
and 136,451 individual trusts were being administered with assets
aggregating $9,283,907,276. Seven hundred and ninety of these
banks were also administering 16,750 corporate trusts and were acting
as trustees for note and bond issues amounting to $9,768,726,724.
Compared with 1938 these figures represent an increase of 796 or
0.59 percent in the number of individual trusts being administered, a
reduction of $135,109,766 or 1.43 percent in the volume of individual
trust assets under administration; a decrease of 359 or 2.10 percent
in the number of corporate trusts with a reduction of $449,679,948
or 4.40 percent in the volume of note and bond issues outstanding
under which national banks had been named to act as trustee.
Segregation of the number of fiduciary accounts in national banks
reveal that 70,839 or 46.24 percent were those created under private
or living trust agreements; 65,612 or 42.83 percent were trusts being
administered under the jurisdiction of the court and the remaining
16,750 or 10,93 percent were trusteeships under corporate bonds or
note-issue indentures. Private trust assets comprised $7,380,865,555
or 79.50 percent of the total assets under administration while the
remaining $1,903,041,721 or 20.50 percent belonged to court trusts.
An analysis of the $7,817,871,227 of invested trust funds belonging
to private and court trusts under administration reveal that 48.44
percent were in bonds, 32.16 percent in stocks, 7.04 percent in real
estate mortgages, 7.33 percent in real estate, and 5.03 percent consisting of miscellaneous assets.
The development of these activities in national banks is emphasized
by comparing the record in 1939 with that of 6 years earlier, 1933,
which reflects an increase of 36,095 or 35.97 percent in the number of
individual trusts being administered; an increase of $2,972,249,523 or
47.09 percent in the volume of individual trust assets under administration; and an increase of 5,966 or 55.32 percent in the number of
corporate trusts.
Gross earnings from fiduciary activities aggregated $31,685,000 for
the fiscal year ended June 30, 1939, as against $33,447,000 in 1938,
a reduction of $1,762,000 or 5.27 percent.
Three hundred and forty-three national banks were acting as trustees under 1,493 insurance trust agreements involving $66,789,867 in
proceeds from insurance policies while 704 national banks had been
22
KEPORT OF THE COMPTROLLER OF THE CURRENCY
named to act as trustees under 15,533 insurance trust agreements
not yet matured or operative supported by insurance policies with a
face value Aggregating $589,663,725.
Two hundred and fifty-nine banks were acting as transfer agents
for 3,558 accounts involving $3,386,784,612, and 365 banks were
acting as registrars of stocks and bonds for 4,772 accounts involving
$4,591,425,805.
An analysis of the new trust accounts placed on the books of the
national banks between June 30, 1938, and June 30, 1939, reveal that
237 banks were named as trustees for 797 bond and note issues aggregating $651,987,692; 837 banks were named to act as individual
trustees under 5,916 agreements involving $210,072,438; 756 banks
were named to act under 2,705 executorships involving $169,484,603;
546 banks were named as administrators under 1,335 appointments
involving $29,390,538; 501 banks were named under 2,036 guardianships involving $9,693,975; 8 banks were named to act as assignees in
9 instances involving $1,144,878; 21 banks were named to act in 35
receiverships involving $309,160; 122 banks were named to act as
committee of estates of lunatics in 273 cases involving $3,478,356;
and 389 banks were named to act 5,461 times in miscellaneous fiduciary
capacities other than those enumerated above involving $1,069,381,438.
Sixty-three banks were named to act as registrar of stocks and bonds
in 145 cases involving $743,012,504 while 54 banks were named to
act as transfer agents in 146 instances involving $48,298,287.
The following tables show the activities of national banks in the
trust field on June 30, 1939 and June 30, 1933, and by size of bank.
Detailed tables in the appendix show trust activities first, according to
capital of the banks; second, according to Federal Reserve districts,
and third, an analysis of the type of investments held in trust.
Changes in trust activities of national banks in 6 years
June 30, 1939
National banks with trust powers
_Assets of banks with trust powers
Banks with powers not administering trusts
Banks with powers administering trusts
Individual trusts being administered.._
Banks administering corporate trusts
Corporate trusts being administered
Amount of bond and note issues trusteed
Living trusts being administered
Court trusts being administered-..
._
Liabilities of living trusts.
_..
Liabilities of court trusts
Trust assets:
Investments.-.Deposits in savings banks
Deposits in own bank
_
_
Deposits in other banks
Other assets
Gross earnings from fiduciary activities
Number of banks administering insurance trusts.
Number of insurance trusts administered..-
1,884
$28,828, 243, 612
350
1,534
136,451
June 30,1933
790
16, 750
$9,768,726,724
70,839
65,612
$7, 380,865, 555
$1,903,041,721
1,845
$18, 320, 841,438
367
1,478
100,356
667
10, 784
$10,418,426,937
54, 095
46, 261
$5,029,485, 372
$1, 282,172,381
$7,817,871,227
$33,014, 224
$355,831,479
$15,003,510
$1,062,186,836
$31,685,000
343
1,493
$5,831, 556, 503
$11,646,907
$183,621,678
$9, 299,068
$275, 533, 597
$21,461,000
206
617
23
REPORT OF THE COMPTROLLER OF THE CURRENCY
Distribution of banks with trust powers and number and amount of trusts by size of
bank capital, June 30, 1939
Size of capital of bank
$25,000
$25,001-$50,000_.
$50,001-$100,000.
$100,001-$200,000
$200,001-$500,000.
Over $500,000...
Total
Number
of banks
with
trust
powers
Number of trusts being administered
Private
35
141
388
542
456
322
17
100
1,127
5,883
12,146
51, 566
28
272
2,463
11, 733
16, 501
34,615
1,884
70,839
65, 612
Court
Liabilities to trusts
Corporate
Private
Court
1
11
196
797
1,473
14,272
$208,263
529,414
16,477,494
119,664,617
392,179,683
6,851,806,084
$227,517
3, 536,244
20,936,187
112,071, 559
247, 893, 420
1, 518, 376, 794
16,750
7,380,865,555
1,903,041,721
NATIONAL BANK NOTES OUTSTANDING
There were, as of October 31, 1939, $180,700,000 of national bank
notes still outstanding.
BANKS IN THE DISTRICT OF COLUMBIA
In addition to the national banks in the District of Columbia,
which are supervised by the Comptroller of the Currency, the Code
of Law for the District places under the Comptroller's supervision,
sayings banks and trust companies having a banking office in the
District. On June 30, 1939, there were 13 of such institutions, 5 of
which were trust companies, and 8 were stock savings banks. These
13 associations and 9 national banks in the District, a total of 22, had
loans and discounts aggregating $105,000,000, an increase of $6,000,000
over the year earlier. Their investments of $131,000,000 were approximately the same as the year before. Cash and balances with
other banks, including reserve balances, increased by $9,000,000 to
$115,000,000. Total deposits were $324,000,000, an increase of
$17,000,000 in the year. The demand deposits of $213,000,000
included $175,000,000 deposits of individuals, partnerships and corporations, an increase of $9,000,000. Time deposits amounted to
$111,000,000, all but $12,000,000 of which were savings deposits.
Surplus, profits, and reserves accounted for $27,000,000 of the
capital funds which totaled $47,000,000. Figures with respect to
the asset and liability items of banks in the District of Columbia on
June 30, 1939, appear in the accompanying tables:
Changes in principal items of assets and liabilities of banks in the District of Columbia,
year ending June 80, 1939
[In millions of dollars]
June 30,
1939
Number of banks
_
_
Change in
12 months
22
0
42
+6
ASSETS
Loans and discounts:
Real estate loans
Loans to brokers and dealers in securities and other loans for the purpose of
purchasing or carrying stocks, bonds, and other securities
All other loans, including overdrafts
1
Tota loans and discounts
3
60
105
}
+.3
+6
24
REPORT OF THE COMPTROLLER OF THE
CURRENCY
Changes in principal items of assets and liabilities of banks in the District of Columbia,,
year ending June SO, 1939—Continued
[In millions of dollars]
June 30,
1939
ASSETS—continued
Investments:
U. S. Government direct obligations.
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
_
Corporate stocks, including stock of Federal Reserve banks
-
Change in
12 months
_.
+2
Total investments
_.Cash, balances with other banks, including reserve balances, and cash items in
process of collection
__
_
.__.
131
115
Total assets..
373
LIABILITIES
Demand deposits:
Individuals, partnerships, and corporations
Other.
-—
_
Total demand deposits
Time deposits:
Savings
Other.
-
175
+9
+6
213
+15
-
Total time deposits
111
Total deposits
324
+17
Total liabilities, excluding capital accounts
CAPITAL
+17
ACCOUNTS
Capital stock, capital notes and debentures:
Capital notes and debentures
Preferred stock
Common stock
Surplus, profits, and reserves
Total capital accounts
-.08
-.16
2
1
17
27
_
-
Total liabilities and capital accounts
47
-1
+2
+1
373
+18
Assets and liabilities of banks in the District of Columbia, by classes, June SO, 1939 l
[In thousands of dollars]
Total all National
banks
banks
Number of banks __ .
_
_
Savings
and State
banks
22
9
5
8
24, 522
18,817
1,787
3,918
ASSETS
Loans find discounts:
Commercial and industrial loans
Agricultural loans
. _.
_
Open-market paper:
Commercial paper bought in open market.
Notes, bills, acceptances, and other instruments evidencing loans, payable in foreign countries, bought
in open market _
_
Acceptances of other banks, payable in United States
Acceptances of this bank purchased or discounted
Loans to brokers and dealers in securities
Other loans for the purpose of purchasing or carrying stocks,
bonds, and other securities
Real-estate loans:
On farm land (including improvements)
On residential properties (other than farm)
On other properties
* Exclusive of the Export-Import Bank of Washington.
Trust
companies
655 ^
40
615
537
268
219
50
2,425
1,424
663
338
94
30, 278
11,512
30
8,252
3,319
37
15,895
7,369
27
6,131
824
REPORT OF THE COMPTROLLER OF THE CURRENCY
25
Assets and liabilities of banks in the District of Columbia, by classes, June SO, 1939—
Continued
[In thousands of dollars]
Total all National
banks
banks
Trust
companies
Savings
and State
banks
ASSETS—continued
Loans and discounts—Continued.
Loans to banks
All other loans
Overdrafts
Total _
__
___
_._ _
_
Investments:
U. S. Government obligations, direct and guaranteed:
Direct obligations:
Treasury bills.
Treasury notes
Bonds maturing in 5 years or less.
Bonds maturing in 5 to 10 years..
Bonds maturing in 10 to 20 years.
_
Bonds maturing after 20 years
__
Total
Obligations guaranteed by U. S. Government:
Reconstruction Finance Corporation _ _
Home Owners' Loan Corporation.__
Federal Farm Mortgage Corporation
Other Government corporations and agencies
_.
_
Total
Obligations of States and political subdivisions (including
notes and warrants) :
In default . . - .
_
Without specific maturity
Maturing in 5 years or less _ _ _
_______
Maturing after 5 years _
Total
Other bonds, notes, and debentures:
U. S. Government corporations and agencies, not
guaranteed by United States:
Federal Land banks
Federal Intermediate Credit banks
Other Government corporations and agencies
Other domestic corporations:
Railroads
__
___ _
Public utilities
Industrials
All other
..
Foreign—public and private
Total
_
. .
Corporate stocks:
Federal Reserve banks
Affiliates of reporting banks
Other domestic banks
Other domestic corporations
Foreign corporations
Total
Total investments
Cash, balances with other banks, including reserve balances,
and cash items in process of collection:
Cash items in process of collection, including exchanges for
clearing house
Demand balances with banks in the United States (except
private banks and American branches of foreign banks)
Other balances with banks in the United States (including
private banks and American branches of foreign banks).
Balances with banks in foreign countries (including balances
with foreign branches of other American banks, but excluding amounts due from own foreign branches)
Currencv and coin
. __ _
Reserve with Federal Reserve bank and approved reserve
agencies
__. .
_.
Total
...
. .
....... .
34,474
22
15,001
17
9,276
3
10,197
2
104, 519
47,168
35, 249
22,102
13, 239
10, 349
13, 030
32, 916
10, 776
7,892
10,348
3,196
20,193
7,623
5,097
9,649
12,446
2,919
250
1
185
277
234
80, 310
49,252
30,111
947
3,895
19, 796
1,755
1,065
3,564
12, 791
121
732
116
5,479
1,510
229
215
1,526
124
104
26,511
17, 208
7,334
1,969
o
6
718
1,547
387
726
2
6
312
786
19
35
2,273
1,113
1,106
54
2,890
1,309
1,447
134
4,429
3,622
129
678
3,926
4,651
2,143
809
1,077
1,623
2,002
945
330
654
1,956
2,408
953
413
391
347
241
245
66
32
19, 925
10,. 485
7, 697
1,743
889
261
38
643
1
1,832
445
9
242
1
697
444
261
24
4C0
5
1
1,129
6
130, 851
78, 755
47.377
4,719
14, 870
8,598
4,343
1,929
38, 260
26, 868
10, 265
1,127
352
95
82
175
36
8,668
13
4,984
21
% 499
2
1,185
52, 747
114,933
33,613
74,171
14, 217
31, 427
4,917
9,335
26
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of banks in the District of Columbia, by classes, June 30, 1939—
Continued
[In thousands of dollars]
Total all National
banks
banks
Trust
companies
Savings
and State
banks
ASSETS—continued
Bank premises owned, furniture and
fixtures
_
_.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
15,480
3,840
7,127
912
2,303
27
27
443
317
7,238
2,894
1,115
34
1,955
348
102
144
319
148
22
25
372, 713
208,406
126, 607
37, 700
174, 568
1,273
75
106, 367
1,189
49
54,039
14,162
84
26
2,293
131
LIABILITIES
Demand deposits:
Deposits of individuals, partnerships, and corporations
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks in the United States (inpluding private
banks and American branches of foreign banks)
Deposits of banks in foreign countries (including balances
of foreign branches of other American banks but excluding
amounts due to own foreign branches)
Certified and cashiers' checks (including dividend checks),
letters of credit and travelers' checks sold for cash, and
amounts due to Federal Reserve banks (transit account) Total demand deposits..
Time deposits:
Deposits of individuals, partnerships, and corporations:
Savings deposits
Certificates of deposit
Deposits accumulated for payment of personal l o a n s - . .
Christmas savings and similar accounts
Open accounts.
Total
Postal savings deposits
Deposits of States and political subdivisions
Deposits of banks in the United States (including private
banks and American branches of foreign banks)
Deposits of banks in foreign countries (including balances of
foreign branches of other American banks b u t excluding
amounts due to own foreign branches)
30,357
304
6,021
27,933
256
1,294
367
57,674
14, 770
40, 589
1,917
137
1,091
2,249
44,106
62
14, 778
11
2,087
1,055
514
110,163
315
45,983
300
45, 735
18,445
15
605
490
50
65
212, 598
4,360
140,154
99,473
1,990
2,224
3,027
3,449
881
Total time deposits.
Ill, 083
46,773
45, 785
18, 525
Total deposits.
323,681
186,927
103,459
33, 295
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate.
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected b u t not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities.
Total liabilities-
27
27
420
711
613
122
264
286
13
353
256
285
94
71
325,452
187,626
104,081
33,745
1,243
18,480
16,126
9,317
2,095
6,015
5,101
834
CAPITAL ACCOUNTS
Capital notes and debentures
Capital stock (see memoranda below).
Surplus
Undivided profits
Reserves (see memoranda below)
Total capital accounts..
500
8,400
8, 951
3,718
957
743
1,250
1,160
498
304
__
47,261
20,780
22, 526
3,955
Total liabilities and capital accounts.
372, 713
208, 406
126, 607
37,700
EEPORT OF THE COMPTROLLER OT THE CURRENCY
27
Assets and liabilities of banks in the District of Columbia, by classes, June 80, 1989—
Continued
fin thousands of dollars]
Total all National
banks
banks
Trust
companies
Savings
and State
banks
MEMORANDA
Par value of capital stock:
Preferred stock
Common stock
Total.
Retirable value of preferred stock
Reserves:
Reserves for undeclared dividends and interest on capital
notes and debentures ...
Retirement account for preferred stock and capital notes
and debentures
Reserves for contingencies, etc
Total
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
-._
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Securities loaned
Total
Becured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
1,180
17,300
1,180
7,650
8,400
1,250
18,480
8,830
8,400
1,250
1,180
1,180
124
173
7
7
230
1,858
2,095
834
106
851
834
957
304
15,052
11,504
3,339
209
241
228
4,606
2,132
2,391
83
19,899
13,864
5,730
305
9,903
7,904
1,853
146
13
Reserves of Nonmember Banks in the District of Columbia
The Code of Law for the District of Columbia requires each bank
and trust company doing business in the District and not a member
of the Federal Reserve system to establish and maintain reserves on
the same basis and subject to the same conditions as are prescribed
for national banks located in the District of Columbia, except that the
reserves are carried with such designated agency or agencies as are
approved by the Comptroller of the Currency.
The nonmember banks held net demand deposits subject to reserve
and time deposits on each of the four calls in the year ending October
31, 1939, averaging from $35,000,000 to $38,500,000. The ratio of
reserves required against such deposits was less than 11 percent,
while the ratio of reserves held ranged from 16^ percent to 20 percent.
Figures showing the reserves of nonmember banks appear in the
accompanying table:
205927—40
3
28
REPORT OF THE COMPTROLLER OF THE CURRENCY
Reserves of nonmember banks in the District of Columbia at date of each call during
year ending Oct. 31, 1989
[In thousands of dollars]
Number of banks
Net demand deposits subject to reserve
Time deposits
Net demand plus time deposits
Reserve with reserve agencies:
Required
Held.
Excess
Ratio of required reserves to net demand plus time deposits.
Ratio of reserves held to net demand plus time deposits
Dec. 31,
1938
Mar. 29,
1939
June 30,
15,717
19,186
34,903
15, 515
20, 297
35,812
14, 786
20,764
35,550
17,005
21,647
38,652*
3,710
6,445
2,735
3,730
6,766
3,036
3,626
5,857
2,231
4,058
7,732
3,674
Percent
10.63
18.47
Percent
10.42
18.89
Percent
10.20
16.48
Percent
10.5a
20.00
Oct. 2,
1939
9
Earnings and Expenses of Banks in the District of Columbia
Gross earnings of all active banks in the District of Columbia in
the year ending June 30, 1939, were $11,738,000, or $50,000 less
than in the previous year. Interest and discount on loans accounted
for $5,090,000 and interest and dividends on bonds, stocks, and other
securities $3,611,000. Expenses were $86,000 more than in the preceding year, amounting to $8,496,000. Of this $3,912,000 were
salaries, wages, and fees, and $1,635,000 interest on deposits and
borrowed money. Net earnings were $3,242,000, which were increased
by $1,980,000 of recoveries. Recoveries on loans were $209,000,
recoveries on bonds, stocks, and other securities $507,000, and profits
on securities sold $1,210,000. Losses and depreciation at $2,099,000
were $49,000 less than in the preceding year. Losses on loans were
$258,000, and losses on bonds, stocks, and other securities $964,000.
Net additions to profits before dividends were $3,123,000, or $497,000
more than in the previous year, and was 6.76 percent of capital
funds. Figures of earnings and expenses appear in the accompanying
table:
29
EEPOKT OF THE COMPTROLLER OF THE CURRENCY
Earnings and expenses of banks in the District of Columbia for the year ending
June 30, 1989
[In thousands of dollars]
Year
ending
June 30,
1939
Number of banks.
___
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other securities
Other earnings.
Total
Expenses:
Salaries, wages, and fees
Interest on deposits and borrowed money
Taxes
Other expenses
Total
-.
-
_
-
Increase or
decrease
for year
22
5,090
3,611
3,037
-23
-177
+150
11,738
-50
3,912
1,635
984
1,965
+117
-12
+28
-47
8,496
+86
3,242
-136
209
507
1,210
54
+11
+100
+497
-24
Total
1,9
+584
Total net earnings, recoveries, etc
5,222
+448
258
964
653
224
-160
+134
+277
-300
"~ 2,099
3,123
1,458
-49
+497
+158
Net earnings
-
Recoveries, profits on securities sold, etc.:
Recoveries on loans...
Recoveries on bonds, stocks, and other securities.Profits on securities sold..
All other
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
Total
Net additions to profits
Dividends.
Net additions to profits to average capital funds
Net additions to profits to net earnings
Expenses to gross earnings
_
_.
Percent
6.76
96.33
72.38
Percent
+.94
+18.59
+1.04
Building and Loan Associations in the District of Columbia
The assets of the 26 building and loan associations operating in the
District of Columbia under the supervision of the Comptroller of the
Currency on June 30, 1939, amounted to $132,000,000, an increase of
$9,000,000 in the year. Loans increased more than $8,000,000 to
$123,000,000, and investments of $1,400,000 were about the same as
the year previous. Shares of stock outstanding increased more than
$5,000,000 to $117,000,000, and surplus and profits of $10,000,000
showed an increase of $1,000,000. Changes in the principal items of
assets and liabilities of District building and loan associations are
shown in the accompanying table:
30
REPORT OF THE COMPTROLLER OF THE CURRENCY
Changes in 'principal items of assets and liabilities of District of Columbia building
and loan associations, year ending June SO', 1939
[Amounts in thousands of dollars]
June 30,
1939
26
122,730
1,396
6,091
131,820
117,176
10,245
33,604
102,740
Number of associations
Loans
Investments
Cash
Total assets
Shares
Surplus and profits
Number of borrowing members
Number of nonborrowing members.
Change in
12 months
0
+8,545
+64
+715
+9,090
+5,686
+1,133
+1,963
+4,297
District of Columbia Credit Unions
At the close of business October 31, 1939, there were 25 active credit
unions operating in the District of Columbia which were recommended
for approval by the Comptroller and licensed by the District Commissioners under the provisions of the District of Columbia Credit Unions
Act, approved June 23, 1932.
On June 30, 1939, there were 24 active District of Columbia credit
unions with loans of $1,205,000, investments of $174,000, and cash
and deposits in banks of $120,000, which increased respectively in the
year $308,000, $79,00p, and $9,000. Fully paid and installment shares
were $1,364,000, an increase of $349,000 in the year, and undivided
profits and reserves increased by $38,000 to $110,000. Changes in
the principal items of assets and liabilities of these credit unions appear
in the accompanying table:
Changes in principal items of assets and liabilities of District of Columbia credit
unions, year ending June SO, 1939
[Amounts in thousands of dollars]
Change in
12 months
Number of credit unions
Loans
Investments
Cash and deposits in banks
Total assets
Shares
_
___
Undivided profits and reserves
Number of borrowing members
Number of nonborrowing members.
0
+308
+79
+9
+391
+349
+38
+1,596
+1,455
Export-Import Bank of Washington
The Export-Import Bank of Washington, incorporated under the
Code of Law for the District of Columbia and established pursuant
to an Executive order dated February 2, 1934, submitted four condition reports to the Comptroller in the year ending October 31,
1939, the same as required of other banks in the District. A statement of its assets and liabilities as of the date of each call in the year
follows:
REPOET OF T H E COMPTROLLER OF T H E CURRENCY
31
Assets and liabilities of the Export-Import Bank of Washington at date of each call
in year ending Oct. 81, 1939
[In thousands of dollars]
Dec. 31, Mar. 29, June 30,
1938
1939
1939
Oct2,
1939
ASSETS
Loans and discounts
Balances with other banks and United States Treasurer *
Furniture and fixtures
Customers' liability on acceptances outstanding
Other assets
__
___
_
Total
25 487
22,496
1
713
213
27,084
20,956
1
1,760
548
30,463
17,076
1
23,090.
383
34,307
13,380
3
23, 645
823
48,910
50,349
71,013
72,158
713
727
1,760
707
23,090
389
23,645
376
45,000
1,000
1,291
179
45,000
1,000
1,691
191
45,000
1,000
1,280
254
45,000
1,000
1,883
254
48,910
50,349
71,013
72,158
LIABILITIES AND CAPITAL ACCOUNTS
Acceptances executed and outstanding
Other liabilities
Capital stock:
Preferred
Common
Undivided profits
Reserves..Total .,
_
_.
i Includes cash items in process of collection.
CHANGES IN PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF
STATE BANKS, YEAR ENDING JUNE 30, 1939
Federal law requires the Comptroller of the Currency to assemble
and publish in the annual report figures with respect to the assets
and liabilities of all State banks. Of these 64 were private banks;
552, mutual savings banks; and 9,321, commercial banks. In the
latter group are included trust companies and stock-savings banks.
In years previous to 1936 separate figures were given for these two
groups. However, in recent years it has become clear that there is
little to distinguish commercial banks, trust companies, and stocksavings banks. Most banks in the latter two groups engage in
commercial activities and many State commercial banks exercise
trust powers.
On June 30, 1939, State banks had loans and discounts, including
overdrafts, of $12,943,000,000, a decrease of $34,000,000 in the year.
State commercial banks held $7,976,000,000 of loans, which increased
$18,000,000 in the year. Mutual savings banks had $4,895,000,000
of loans, nearly all of which were on real estate. State commercial
banks had $2,275,000,000 of such loans. Open market paper, loans
to banks and miscellaneous loans, including commercial, industrial and
agricultural loans, of commercial banks amounted to $4,829,000,000,
approximately the same as a year earlier.
United States Government direct obligations held by commercial
banks aggregated $5,289,000,000, an increase of $398,000,000 during
the year, and mutual savings banks increased their holdings of such
securities by $259,000,000 to $2,654,000,000. Total United States
Government direct obligations held by all State banks increased
$751,000,000 to $8,324,000,000. Obligations guaranteed by the
United States Government held by commercial banks increased by
$344,000,000 in the year to $1,257,000,000. Mutual savings banks
held $389,000,000 of such securities, an increase of $99,000,000 during the year. Obligations of States and political subdivisions held
32
REPORT OF THE COMPTROLLER OF THE CURRENCY
by commercial banks aggregated $1,504,000,000 on June 30, 1939,
which was an increase of $181,000,000. Such holdings by mutual
savings banks decreased $70,000,000 to $634,000,000. Other bonds,
notes, and debentures held by commercial banks amounted to
$1,538,000,000 and by mutual savings banks, $1,546,000,000, decreases of $99,000,000 and $86,000,000, respectively. Corporate
stocks held by all State banks, including stock of Federal Reserve
banks, aggregated $497,000,000, a decrease of $66,000,000 in the
year.
Cash in vault of State banks on June 30, 1939', amounted to
$512,000,000, approximately the same as a year earlier. Balances
with other jbanks, including reserve balances, aggregated $9,040,000,000, an increase of $1,536,000,000 during the year. Most of the
balances with other banks were reported by State commercial banks.
Mutual savings banks held virtually no demand deposits. Such
deposits held by commercial banks aggregated $16,601,000,000, an
increase of $2,013,000,000. Private banks held $632,000,000 of such
deposits, an increase of $164,000,000 during the year. Commercial
banks held demand deposits of individuals, partnerships, and corporations of $11,545,000,000, an increase of $1,173,000,000. Savings
deposits amounted to $5,852,000,000 in commercial banks and $10,382,000,000 in mutual savings banks, an increase of $206,000,000
and $236,000,000, respectively. The total time deposits of all State
banks increased by $374,000,000 to $17,871,000,000. Total deposits
of all State banks increased $2,543,000,000 in the year and amounted
to $35,107,000,000 on June 30, 1939, of which amount $24,009,000,000
were in commercial banks, $10,4?3,000,000 in mutual savings banks,
and $665,000,000 in private banks.
Mutual savings banks had no capital stock, but their surplus, undivided profits, and reserves amounted to $1,335,000,000, an increase
of $8,000,000 during the year. Total capital funds of commercial
banks were $3,471,000,000, a decrease of $9,000,000 in the year.
Figures with respect to the above-mentioned asset and liability
items appear in the accompanying table:
33
REPORT OF THE COMPTROLLER OF THE CURRENCY
Changes in principal items of assets and liabilities of State banks, year ending June
SO, 1989
[In millions of dollars]
(commer- Mutual savings
All State banks State cial)
Private
Change
Change
Change
June 30, Change
in 12 June 30, in 12 June 30, in 12 June 30, in 12
1939 m o n t h s
1939 months 1939 m o n t h s 1939 months
Number of banks .__
_
9,937
-156
9,321
-137
-652
-10
64
-9
7,085
-1
2,275
+23
4,807
-24
3
-.03
ASSETS
Loans and discounts:
Real-estate loans
__
Loans to brokers and dealers in
securities and other loans for
the purpose of purchasing or
carrying stocks, bonds, and
other securities
All other loans, including overdrafts.
Total loans and discounts
Investments:
U.S. Government direct obligations
Obligations guaranteed by U. S.
Government__ _
Obligations of States and political subdivisions
Other bonds, notes, and debentures
._
Corporate stocks, including
stock of Federal Reserve banks
Total investments.
Cash, balances with other banks,
including reserve balances and cash
items in process of collection
893
1 -33
4,965
J 872
I 4,829
1- i . ; 1- I 3
-20
12, 943
-34
7,976
+18
4,895
-32
72
-20
8,324
+751
5,289
+398
2,654
+259
381
+94
1,697
+483
1,257
+344
389
+99
51
+40
2,209
+153
1,504
+181
634
-70
71
+42
3,106
-189
1,538
-99
1,546
-86
22
-4
497
-66
349
-44
131
-24
17
+2
15,833 +1,132
9,937
+780
5,354
+178
542
+174
9,552 +1,532
8,718 +1,403
700
+125
134
+4
40, 421 +2,521
27,847 +2,147
11,799
+227
775
+147
Demand deposits:
Individuals, partnerships, and
corporations
Other . . .
12,045 +1,271
+898
5,191
11, 545 +1,173
+840
5,056
2
1
-9
+1
498
134
+107
+57
Total demand deposits
17,236 +2,169
16, 601 +2,013
3
-8
632
+164
+206
-64
10,382
48
+236
-4
7
26
+374
17,871
35,107 +2, 543
+142
7,408
24,009 +2,155
10,430
10,433
+232
+224
33
665
+164
35, 516 +2, 524
24,376 +2,156
10,454
+221
686
+147
42
47
+2
Total assets
_
LIABILITIES
Time deposits:
Savings __
Other
_.
Total time deposits
Total deposits _ ._
Total liabilities, excluding capital accounts —
16,241
1,630
+442
-68
5,852
1,556
CAPITAL ACCOUNTS
Capital stock, capital notes and debentures:
Capital notes and debentures
Preferred stock
Common stock
Surplus, profits and reserves
Total capital accounts
Total liabilities and capital
accounts
151
174
1,273
3,307
-13
-7
-14
+31
141
174
1,231
1,925
-11
-7
-12
10
-2
+21
1,335
4,905
-3
3,471
-9
1,345
+8
+6
11,799
+227
40,421 +2, 521
27,847 +2,147
-2
89
775
+147
34
REPORT OF THE COMPTROLLER OF THE CURRENCY
DISTRIBUTION OF ALL BANKS
On June 30, 1939, there were 15,146 banks in the United States
and its possessions, of which 5,209, or 34 percent, were national banks.
Of these, 13,618, or 90 percent, were insured banks. All banks had
deposits of $64,600,000,000, 46 percent of which was in national
banks and 83 percent of which was in insured banks. There were 552
mutual savings banks which had $10,433,000,000 of deposits.
Classification of all banks, June 30, 1939
Banks
National banks
Stfttfs TnftTnhpr b a n Irs
Nonmember insured banks:
State commercial 1
Mutual savings
Total insured banks
Nonmember uninsured banks:
State commercial and private
Mutual savings
Total
J
Deposits
Change
in 12
Percent
months Amount (000 of
grand
(percent
omitted)
total
of grand
total)
Change
in 12
months
(percent
of grand
total)
Number
Percent
of grand
total
5,203
1,127
34.35
7.44
+0.18
+.30
$29, 415, 683
16,457,571
45.55
25.49
+0.48
+1.00
7,239
49
47.80
.32
-.34
-.05
6,453, 500
1, 246, 009
9.99
1.93
+.23
13,618
89.91
+.09
53,572,763
82.96
+1.39
1,025
503
6.77
3.32
-.11
+.02
1,817,137
9,186,794
2.81
14.23
-.12
-1.27
15,146
100.00
64,576,694
100.00
— ^2
i Includes 3 nonmember insured national banks.
' Includes 3 nonmember uninsured national banks.
NOTE.—Deposit insurance assessments paid by all insured banks to the F . D . I. C. in the year ended
June 30, 1939, amounted to $38,997,697.04, of which $21,398,638.73, or 54.87 percent, was paid by national
banks.
Assets and liabilities of all active banks in the United States and possessions, June SO, 1939
[In thousands of dollars]
Banks other than national
Total all
banks
Number of banks
National
banks
All banks
other than
national
State
(commercial) i
Mutual
savings
Private
15,146
5,209
9,937
9,321
552
64
5, 382, 519
1, 242,108
477, 579
773, 577
851, 785
3,144, 344
679, 742
267,179
289, 982
443, 202
2, 238,175
562, 366
210,400
483, 595
408, 583
2, 203, 293
561,854
206,165
473,893
398,474
1,799
78
33,083
434
4,235
9,616
9,635
579, 765
7, 274,103
1,060, 584
63,058
3, 794,882
16, 319
229,994
1,144,828
454, 341
24,448
1,890,940
4, 703
349, 771
6,129, 275
606, 243
38, 610
1, 903, 942
11,616
336,063
1, 385, 976
553,018
38, 609
1,807, 678
10, 729
13, 242
4, 741, 589
53,189
21, 516, 279
8, 573, 703
12, 942, 576
7, 975, 752
4,895, 448
71, 376
ASSETS
Loans and discounts (including rediscounts and overdrafts):
Commercial and industrial loans
Agricultural loans
_
Open-market paper
Loans to brokers and dealers in securities
Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities
Real-estate loans:
On farm land
On residential properties
On other properties
Loans to banks
All other loans
Overdrafts
Total loans and discounts..
_
Investments:
U. S. Government direct obligations
Obligations guaranteed by U. S. Government:
Reconstruction Finance Corporation
Home Owners' Loan Corporation
Federal Farm Mortgage Corporation.
Other Government corporations and agencies
_.
Total U. S. Government obligations, direct and guaranteed
Obligations of States and political subdivisions (including warrants)
n
W
15, 223, 316
474
84,991
466
1,710
36
1
11,273
887
8, 323, 431
5, 288, 786
2,653, 735
380,910
648
209
449
209
389, 392
977,918
355, 773
146, 761
334, 256
931, 291
269, 676
162, 448
273, 762
661, 254
202,068
119, 902
48, 202
244, 393
65, 542
31, 588
12, 292
25, 644
2,066
10,958
18, 790, 831
8, 769, 729
10,021,102
6, 545, 772
3,043, 460
431,870
2, 209,018
1, 504,125
633, 555
71, 338
723,
1,909,
625,
309,
3,902, 702
o
o
M
* Includes trust companies and stock savings banks.
CO
O
Assets and liabilities of all active banks in the United States and possessions, June 80, 1939—Continued
00
[In thousands of dollars]
Banks other than national
Total all
banks
National
banks
All banks
other than
national
State
(commercial)
Mutual
savings
Private
ASSETS—continued
Investments—Continued.
Other bonds, notes, and debentures:
U. S. Government corporations and agencies, not guaranteed by United States:
Federal land banks.
Federal intermediate credit banks
Other Government corporations and agencies
Other domestic corporations:
Railroads
Public utilities
Industrials
•_
_
Allother
Foreign—Public and private
._-
-
-
Total other bonds, notes, and debentures
Stocks of Federal Reserve banks and other domestic corporations
Stocks of foreign corporations..
Total investments
_
126,516
143,789
157, 747
79,913
85, 335
100, 933
46,603
58,454
56,814
39,932
57,185
55,146
6,005
1,013
1,188
256
480
1,798,812
1,441,134
728, 792
270, 529
535,446
478, 308
407,183
51,854
125, 382
1, 263,366
962,826
321,609
251,034
145,147
445, 591
442,801
307, 790
94, 297
95,995
814,943
513,022
9,502
153,495
46,390
2,832
7,003
4,317
3,242
2,762
4,970, 207
1,864, 354
3,105,853
1, 538, 737
1, 545, 558
21,558
712, 289
9,739
224,228
891
488,081
8,848
345,887
2,590
130,931
11,243
6,258
i.
Currency and coin
Balances with other banks, including reserve balances and cash items in process of collection
Bank premises owned, furniture and fixtures.Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but not collected
_..
>
Other assets (including securities borrowed, insurance and other expenses prepaid, and cash items not in
process of collection)
Total assets
i
•:
i - i
28, 385, 768 1[2, 552,886 15, 832,882
9,937, 111
5, 353, 504
542, 267
1,042,408
530, 580
19, 584,188 10, 544, 226
1, 271,978
609,146
1,112, 556
141, 239
167,851
70, 417
124, 319
51, 656
158,159
60, 552
443, 530
8, 274,024
530, 949
339, 985
93, 074
57, 774
52,105
63, 655
636,095
129, 767
630, 081
682
4,643
129,843
2,116
1,251
3,678
14,889
1,186
237,814
46,173
73,601,320
33,180, 578
25,688,845
785,161
3,217,336
13,643,678
491,202
1,936,483
511,828
9,039,962
662,832
971, 317
97,434
72, 663
97, 607
191, 641
40,420, 742
142, 402
27,846, 706
44,316
45, 256
3,983
11, 798,804
775, 232
2,182
1
383
""1,114
LIABILITIES
Demand deposits:
Deposits of individuals, partnerships, and corporations
Deposits of U. S. Government-.
___
Deposits of States and political subdivisions
_._
.__
..-.
12,045,167
293,959
1,280,853
11, 544,959
293,958
1,278,956
498,026
Deposits of banks in the United States.
Deposits of banks in foreign countries. _.
4,516,393
255,314
2,780,997
422,164
2,716,725
354,629
29
64,243
67,535
Total demand deposits-.
Time deposits (including postal savings):
Deposits of individuals, partnerships, and corporations:
Savings deposits
.
Certificates of deposit
Deposits accumulated for payment of personal loans..
Christmas savings and similar accounts
Open accounts
Postal-savings deposits
Deposits of States and political subdivisions
Deposits of banks in the United States
Deposits of banks in foreign countries
37, 666, 210 20,843,070
16,823,140
16,189, 227
2,595
631,318
23,014,429
1,248,100
71, 723
188,661
614,616
81, 789
566,907
250, 854
16, 765
6,773,207 16, 241,222
693, 799
554,301
43,856
27,867
120,001
68,660
241,391
373,225
52,056
29,733
212, 398
354, 509
102, 546
148,308
8,184
8,581
5,851,885 10,381,842
689,853
396
43, 780
76
66,040
46,493
361,711
365
29, 733
211, 501
737
147, 237
205
5,831
7,495
3,550
7,468
11,149
Total time deposits.
Other deposits (certified and cashiers' checks (including dividend checks), letters of credit and travelers'
checks sold for cash, and amounts due to reserve agents (transit account))
26,053,844
8,182,721
7,407, 571 10,430,114
33,438
856,640
443,678
Total depositsBills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities (including securities borrowed and dividends declared but not payable)..
64, 576,694 29,469,469
Total liabilities..
26, 724
143,807
67,294
96, 710
395,883
3,540
57,636
35, 273
45,978
179,170
65,307,112
29,791,066
17,871,123
412,962
160
866
2,750
412,157
94
711
35,107, 225 24,008,955
10,432,803
665,467
21,160
70,849
31, 709
44,033
199,092
485
256
6,546
13, 527
1,539
15,322
56
153
4,094
35, 516,046 24,375,798
10,453,617
686,631
23,184
86,171
32,021
50, 732
216, 713
CAPITAL ACCOUNTS
Capital stock:
Capital notes and debentures_
Preferred stock
Common stock
Surplus.
Undivided profits
Reserves and retirement account for preferred stock and capital notes and debentures.
Total capital accounts
Total liabilities and capital accounts.
7,297,390
677,478
150,474
420,658
2, 588,964
3, 551, 706
988, 582
593, 824
246, 573
1,316,383
1,170,822
449, 352
206,382
150, 474
174,085
1, 272, 581
2, 380,884
539,230
387,442
140,601
174,085
1, 231,073
1,318,171
380,144
226,834
8,294, 208
3,389, 512
4,904,696
3,470,908
1,345,187
88,601
73,601, 320 33,180, 578 40,420,742
27,846,706
11,798,804
775,232
9,873
1,034,902
158,575
141,837
41, 508
27,811
511
18, 771
CO
38
REPORT OF THE COMPTROLLER OF THE CURRENCY
CHANGES IN NUMBER OF BANKS, BRANCHES, AND BANKING OFFICES
IN THE YEAR ENDING JUNE 30,1939
As has been the case in other recent years, the number of banking
offices in the continental United States decreased during the 12 months
ending June 30, 1939. At the end of the year the total banking offices
in this country were 18,681 of which 15,074 were head offices of banks
and 3,607 were branches. These figures are much in contrast with
conditions in 1920 when there were approximately 30,000 banks and
1,200 branches. During the year banks decreased by 216 in number
and branches increased by 48. During the year national banks decreased by 39, being 5,203 at the end of the year, while national bank
branches increased by 23. State member banks at 1,127 increased by
31, while State commercial banks which were insured, but not members of the Federal Reserve system, those not insured, mutual savings banks not insured, and private banks, each decreased, and their
numbers were respectively, 7,236, 890, 554, and 64. During the year
3 national banks were organized and 11 State banks were converted
into national banks. Forty-two national banks were eliminated because of consolidations, absorptions, or suspensions, and 11 national
banks were converted into State banks. Eight de novo branches of
national banks were authorized during the year and 13 banks were
succeeded by branches of national banks. The national system lost
7 branches by voluntary liquidation or otherwise. Figures with
respect to banks and branches are given in the accompanying table:
Analysis of changes in number of banks and brancheSy July 1, 1988-June 80 , 1989
Member banks
Total
National
Nonmember banks
Other than mutual
savings and private
State
Insured
Not insured
Mutual
savings
Private
Analysis of bank changes
Number of banks on June 30,1938
Increases in number of banks:
Primary organizations (new banks) l .
Decreases in number of banks:
Suspensions
Voluntary liquidations *
Consolidations, absorptions, etc
Interclass bank changes:
Conversions:
State into national
National into State.
Federal Reserve memberships: 3
Admissions of State banks
Withdrawals of State banks
Federal deposit insurance: *
Admissions of State banks
Withdrawals of State banks
Net increase or decrease in number of banks _
Number of banks on June 30,1939
15,290
5,242
1,096
7,382
936
+26
+3
+1
+11
+11
-51
-66
-125
-4
-5
-33
-3
-2
-6
-36
-26
-70
-7
-25
-9
-8
-3
+10
+11
-11
+1
+56
-8
-55
+8
+18
-3
563
71
-1
—2
-6
-6
-1
-1
-18
+3
-216
-39
+31
-146
-46
-9
-7
15,074
5,203
1,127
7,236
890
554
64
3,559
1,495
993
900
37
129
5
Analysis of branch changes
Number of branches on June 30,1938...
39
REPOKT OF THE COMPTROLLER OP THE CURRENCY
Analysis of changes in number of banks and branches, July 1, 1988- June 80, 1989—
Continued
Member banks
Total
National
Nonmember banks
Other than mutual
savings and private
State
Mutual
savings
Insured
Not insured
+33
+26
-3
-21
+4
+1
+1
+5
+14
+5
+6
914
42
135
Private
Analysis of branch changes—Con.
Increases in number of branches:
De novo branches
_
Banks converted into branches
Decreases in number of branches:
Suspension of parent bank
Otherwise discontinued
Interclass branch changes:
Branches of a national bank which
became a State member bank
Branches of a nonmember bank
which became a national bank
Branches of nonmember banks
which became branches of State
member banks *
Net increase
branches
in
number
Number of branches on June 30,1939
of
+53
+48
-10
-43
+8
+13
+7
+3
-7
— 15
<j
-4
+13
+4
+8
+48
+23
3, 607
1,518
993
-13
-8
5
iJ Exclusive of new banks organized to succeed operating banks.
Exclusive of liquidations incident to the succession, conversion, and absorption of banks.
3 Exclusive of conversions of national banks into State bank members, or vice versa, as such conversions
do4 not affect Federal Reserve membership.
Exclusive of conversions of member banks into insured nonmember banks, or vice versa, as such eonversions
do not affect Federal Deposit Insurance Corporation membership.
6
Includes 2 branches of an insured nonmember bank which was absorbed by a State member bank and
6 branches of 4 insured nonmember banks which became State member banks.
NOTE.—The figures in this table were compiled by the Board of Governors of the Federal Reserve System.
REPORTS FROM NATIONAL BANKS
National banks were, in accordance with provisions of section 5211
of the Revised Statutes, called upon to submit four reports of condition during the year ending October 31, 1939. Reports were required
as of December 31, 1938, March 29, 1939, June 30, 1939, and October
2, 1939. Uniform instructions and forms adopted by the Federal
bank supervisory agencies and a number of State authorities were
used in submitting these reports. In order to relieve banks of the
burden of preparing detailed call reports four times a year, the report
of condition form used by national banks for the call as of October 2,
1939, was reduced materially in size by eliminating schedules providing for detailed classifications of the loans and investments, etc.,
appearing in previous report forms. It is the present intention of
the Comptroller to use the "short" form for future spring and autumn
calls on banks under his supervision. Summaries from all condition
reports by States were published in pamphlet form. National banks
were also required by the statute to obtain reports of their affiliates
and holding company affiliates other than member banks and to
submit such reports to the Comptroller as of the four dates for which
condition reports of the banks were obtained.
Under the general powers conferred upon him by law, the Comptroller required from each national bank two semiannual reports of
40
REPORT OF THE COMPTROLLER OF THE CURRENCY
earnings, expenses, and dividends, one for the half year ending
December 31, 1938, and one for the half year ending June 30, 1939;
also reports of condition of all domestic, and foreign branches of
national banks for the first three calls in the year ending October 31,
1939. No reports of branch banks were called for as of October 2,
1939, the former practice of obtaining such reports for each call date
having been abandoned with a view to requiring branch reports only
annually in the future, as of the date of the midsummer call.
National banking associations authorized to act in a fiduciary
capacity were called upon to submit reports of their trust departments
as of the close of business on June 30, 1939. Reports of branch-bank
trust departments heretofore required from national banks concerned
were discontinued during the year.
In accordance with section 298 of the Code of Laws of the District
of Columbia banks other than national banks in the District were
required to make to the Comptroller all condition reports and reports
of earnings and dividends obtained from national banks during the
year. Building and loan associations and credit unions in the District
of Columbia under the supervision of the Comptroller were required
to submit semiannual reports of their assets and liabilities and
receipts and disbursements, one for the 6 months ending December
.31, 1938, and one for the 6 months ending June 30? 1939.
Detailed figures for reports of condition and earnings and dividends
iire published in the appendix to this report.
EXAMINATION OF NATIONAL BANKS
The most important duty of the Bureau of the Comptroller of the
Currency is that of examining national banks with the end in view
of correcting unhealthy situations to maintain national banks continuously in sound operating condition. The National Bank Act
requires that each national bank be examined twice each year. In
addition to these regular examinations, special examinations are
conducted for various reasons, important among which are inquiries
into the condition of banks the condition of which is regarded as
unsatisfactory.
During the 12 months ending October 31, 1939, 10,506 examinations
of banks, 3,162 examinations of branches, 2,381 examinations of trust
departments, and 132 examinations of affiliates were conducted.
Twenty-five State banks were examined in connection with conversions
to or consolidations with national banks. Investigations were also
conducted in connection with applications for 15 new charters and 31
new branches.
The machinery for conducting these examinations has been built
up over the years. The function is administered by the chief national
bank examiner in Washington. There are 12 examining districts in
the country which coincide with Federal Reserve districts. The
function of examining in each of these districts is administered by a
district chief national bank examiner. There are assigned to him an
appropriate number of examiners, assistant examiners, clerks, and
stenographers. In Washington, the chief national bank examiner
has seven assistants who review for him the reports of examination
made in the field and an examiner is assigned to review reports of
examination of trust departments. There are 807 persons in the
KEPORT OF THE COMPTROLLER OF THE CURRENCY
41
Examining Division, of which 767 are in the field and 40 are in Washington. The expense of examining banks is assessed against the banks
examined.
National bank examiners are appointed by the Comptroller of the
Currency, with the approval of the Secretary of the Treasury. The
appointment is made after an investigation of the individual's fitness
and after he has successfully passed an oral and written examination
and has been graded on his experience and personality. It has long
been the practice to advance assistant examiners to these positions.
The 12 examining districts are divided into subdistricts, each in charge
of an examiner. There are usually more examiners than subdistricts
and therefore many examiners are unassigned and work out of the
district headquarters office under direct instruction of the district chief
examiner.
Examiners are assisted in conducting an examination by assistant
examiners and clerks. The principal duty of an examiner is to determine the bank's condition by an analysis and appraisal of assets; to
ascertain whether or not the bank's affairs are being so conducted as
to indicate capable and responsible management and to satisfy himself
that the provisions of law covering the conduct of business are being
properly adhered to.
LIQUIDATION OF INSOLVENT NATIONAL BANKS
In addition to other duties imposed by law, the Comptroller of the
Currency is authorized under the National Banking Act of 1864, as
amended, to appoint receivers for national banks when satisfied of the
insolvency thereof. Receivers so appointed are required, under the
direction and supervision of the Comptroller, to liquidate the assets
of banks involved for the benefit of depositors and other creditors.
In order to effectively administer such appointments of receivers and
to supervise and direct the activities thereof in the liquidation of
closed national banks, it became necessary early in the history of the
Comptroller's Bureau to assign a personnel unit thereof to the handling
of such matters. This unit, under the designation of the Division of
Insolvent National Banks, now handles one of the major activities of
the Bureau.
During the year ended October 31, 1939, there were four failures of
national banks, involving total deposits of $1,322,500. All deposit
accounts of these four banks were insured up to $5,000 by the Federal
Deposit Insurance Corporation. In addition to such four failures
receivers were, however, appointed in two other instances to levy and
collect stock assessments covering deficiencies in value of assets sold,
or to complete unfinished liquidation of banks formerly in voluntary
liquidation. There have been 17 national-bank failures since the
banking holiday of 1933, with total deposits at failure of $11,848,952.
All deposit accounts of 14 of these banks, which failed from 1934
to 1939, inclusive, after the insurance of bank deposits became effective, were insured up to $5,000 by the Federal Deposit Insurance
Corporation.
During the past year substantial progress has been made in completing the liquidation of failed national banks. Receiverships in
process of liquidation have been reduced from a total of 520 banks in
charge of 201 receivers to 367 banks in charge of 133 receivers, while
42
REPORT OF THE COMPTROLLER OF THE CURRENCY
the book value of the unliquidated assets of such banks has been correspondingly reduced from 550 million to 450 million dollars, and the
estimated values thereof from 173 million to 128 million dollars.
During the year, a total of 245 dividend distributions were authorized,
making available to depositors and other creditors the aggregate sum
of 29 million dollars.
Total costs of liquidation of insolvent national banks during the
year amounted to an average of 11.28 percent of total collections from
all sources, including offsets allowed. This average cost closely follows
the trend for the past several years and may be regarded as approximately normal in amount in view of the increasing average liquidation
age of remaining receiverships. It may be pointed out in this connection that average percentage costs of liquidation are comparatively
low during the early years of receivership administration but invariably increase progressively from date of failure to date of final closing.
Furthermore, costs of liquidation have during recent years been considerably increased by reason of interest payments to the Reconstruction Finance Corporation and to lending banks upon loans made to
receivers for dividend payment purposes. A summary of total receipts and disbursements of receivership funds resulting from the
liquidation of insolvent national banks during the past year is given
in the following table:
Liquidation statement, summary for year ended Oct. 81, 1989
District of
Total all
Columbia
National
receiverships, State bank bank receiv526
receiverships, erships, 513
13
Collections:
Cash balances in hands of Comptroller and receivers at
beginning of period
Collections from assets
Collections from stock assessments
Earnings collected
Offsets allowed and settled (against assets)
_
Total.
Disposition of collections:
Dividends paid by receivers to unsecured creditors
Dividends paid by receivers to secured creditors
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors
Payments to secured and preferred creditors, other than
through dividends..Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets
Payments of receivers' salaries, legal and other expenses--.
Payments of conservators' salaries, legal and other expensesAmounts returned to shareholders in cash
Decrease in unpaid balance of Reconstruction Finance
Corporation loans
Decrease in unpaid balance of bank loans
Cash balances in hands of Comptroller and receivers at
end of period
Total.
1
$31,458, 518
47, 628,082
4,099,730
11,186,877
2, 566, 332
$817,909
274, 057
36,132
53,180
11, 382
$30,640, 609
47, 354,025
4,063, 598
11,133, 697
2, 554,950
96,939, 539
1,192, 660
95, 746,879
21,084,708
837,907
8,665,717
' 48,661
330,192
0
104
0
20,754, 516
837,907
8, 665,613
* 48,661
344,829
2, 566, 332
* 1,614,988
7, 461,906
' 78,468
133,827
33, 299
11, 382
H1,959
92,948
* 1,040
0
311, 530
2, 554, 950
i 1,608,029
7,368,958
* 78,tf*
133,827
3,733, 581
11,913,342
0
43,300
3,733, 581
11,870,042
41,934, 501
694,434
41,240,067
96,939, 539
1,192, 660
95,746,879
Credit adjustment in accordance with revised figures submitted by receivers.
During the past year the liquidation of 159 receiverships, with
total deposits at failure of $123,971,181, has been completed and all
affairs of such receiverships finally closed. The depositors and other
creditors of these receiverships, upon the completion of all dividend
REPORT OF THE COMPTROLLER OF THE CURRENCY
distributions, are found to have received payments amounting to an
average of 76.1 percent of amounts due. The average period of time
required to complete the liquidation of each of these banks was 6
years and 5 months. Costs involved in the liquidation of these receiverships do not appear excessive since the total thereof amounted to
but 7.34 percent of total collections from all sources. A statement of
total receipts and disbursements of receivership funds involved in the
liquidation of these 159 insolvent national banks is given in the following table:
Liquidation statement, 159 administered receiverships finally closed, year ended Oct..
81, 1939
Total all
receiverships,
159
Collections:
Collections from assets
.
Collec tion s from stock assessments
Earnings collected
Offsets allowed and settled (against assets)
Unpaid balance of Reconstruction Finance Corporation
loans
.-Total
_
Disposition of collections:
Dividends paid by receivers to unsecured creditors
Dividends paid by receivers to secured creditors
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors
Payments to secured and preferred creditors other than
through dividends
__.
Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets
Payments of receivers' salaries, legal and other expenses..
Payments of conservators' salaries, legal and other expenses
_:
Amounts returned to shareholders in cash
Total
_
$114,371,122
10,771,575
8,834,617
9,877,792
District of
Columbia
State bank
receiverships, 1
National
bank receiverships, 158
76,294
437,588
$110,272,045
10,771, 575
8,758,323
9,140,204
143,863, 250
4,612,959
139, 250, 291
67,921,405
2, 898,891
15,725,905
310,094
3,848,665
64,072,740
2,898,891
15,725,905
310,09#
36, 340,877
9,877, 792
560, 889
9,006,435
158, 626
437, 588
7,258
160,822
36,182,251
9, 440, 204
553, 631
8,845, 613
$4,099,077
8,144
8,144
987,135
233,827
143, 863, 250
987,135
233, 827
4, 612,959
139, 250, 291
The 367 receiverships remaining in process of liquidation at this
time consist principally of the larger banks suspended during recent
years. These larger receiverships have been found to involve a greatly
increased number and complexity of liquidation problems requiring
solution. The proper disposition of these more complex problems and
situations, among which may be mentioned the disposition of large
and involved trust departments, the conclusion of complicated and
protracted litigation instituted both by and against receivers and the
greater difficulty encountered in the disposal of large volumes of real
estate and securities assets has, of course, correspondingly lengthened
the average period of time required to complete liquidation.
While the returns to depositors of any given bank are limited by
the nature of the assets found by the receiver upon his appointment,
the extent to which these assets may have been hypothecated for
borrowed money or for secured deposits and by the conditions under
which their liquidation must be accomplished, nevertheless administration of the 367 receiverships still in process of liquidation has
been productive of favorable results. The depositors and other
creditors of such receiverships are found to have received dividend
payments amounting to an average of 71.7 percent of their claims
205927—40
4
44
REPORT OF THE COMPTROLLER OF THE CURRENCY
with the probability of future distribution of some additional amounts.
Total costs of liquidation of these receiverships to date have amounted
to but 5.48 percent of total recoveries. In other words, of each dollar
realized from the liquidation of assets and stock assessments, 94.52
cents have been available for return to depositors and other creditors.
It will be impossible to effect termination of all existing receiverships
during the forthcoming year although substantial progress to that
end will be made.
A statement of total receipts and disbursements of receivership
funds in connection with the liquidation to date of the 367 receiverships still in process of liquidation is given in the following table:
Liquidation statement, 867 active receiverships as of Oct. SI, 1989
Total all
receiverships,
367
Collections:
Collections from assets
_
Collections from stock assessments
Earnings collected
Offsets allowed and settled (against assets)
Unpaid balance of Reconstruction Finance Corporation loans
Unpaid balance of bank loans
Total
-
Disposition of collections:
Dividends paid by receivers to unsecured creditorsDividends paid by receivers to secured creditors
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors..
Payments to secured and preferred creditors, other
than through dividends
Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets
Payments of receivers' salaries, legal and other expenses
Payments of conservators' salaries, legal and other
expenses
—
Amounts returned to shareholders in cash
Cash balances in hands of Comptroller and receivers.
Total
$1,227,246,064
76,645, 352
104,156,256
129,923,384
District of Co- National bank
lumbia State
bank receiver- receiverships,
355
ships, 12
$12, 231,824
382, 341
1,116, 838
1, 540,453
1, 962,426
1,306,300
$1, 215,014, 240
76,263,011
103,039,418
128, 382,931
1,962,426
1,306,300
1, 541, 239, 782
15, 271, 456
1, 525, 968,326
671,442, 501
9,193,171
157,409,547
805,130
5,419,973
35,148
2,432, 265
10,803
6G6,022, 528
9,158,023
154,977, 282
794,327
398,026, 705
129,923, 384
48,128, 743
3, 613,290
1, 540, 453
40, 241
394, 413,415
128, 382,931
48,088, 502
75,844,128
1,
74,550,240
8,462, 717
69,255
41,934, 501
694, 434
8, 271,756
69,255
41,240,067
1, 541, 239, 782
15,271,456
1,525,968, 326
190,961
Data as to deposits and amounts of dividend payments, by percentage groups, with respect to the 367 receiverships still in process of
liquidation and for all other receiverships administered from the year
1865 to October 31, 1939, are given in the following table:
Number and deposits of national and District of Columbia State banks 1 placed m receivership period Apr. 14, 1865, to Oct. SI, 1989, by groups
according to percentages of dividends paid to Sept. 30, 1939
Restored Total
to solall
vency banks
banks 2
Liquidation banks
Periods and bank groups
Dividends paid, 100 Dividends paid, 75
percent and over
to 99.9 percent
Dividends paid, 50 Dividends paid, 25 Dividei ids paid, less
Number of
banks
Number of
banks
Deposits
Number of
banks
Deposits
to 74.9 percent
Deposits
to 49.9 percent
Number of
banks
Deposits
than 25 percent
Number of
banks
TX nU
NumDeposits
ber of
banks
Deposits
Number of
banks
2
Number of
banks
w
Receiverships completely liquidated and finally closed or restored to solvency (2,607 banks):
§
April 14, 1865, to Oct. 31, 1930
(data for individual annual
report years unavailable;
deposits prior to 1880 unavailable—84 banks) (974
banks).
_._
140 $71,013,359
162
$66,481,388
210
$66,952,690
Nov.
Nov
Nov
Nov
Nov
Nov
Nov
Nov
Nov
6
11
8
8
27
38
86
474
26
1,994,080
15,873,316
4,412,925
4,431, 721
4,833,636
14,723,916
50, 715,003
33,477,651
20,910,457
16
17
13
18
29
46
80
111
60
5,323,140
5, 549,989
5,826, 514
8, 517,835
11,801,668
12,246,387
38,690,969
54,346,379
58,134,443
23
32
21
17
34
57
85
106
43
8,990, 205
14,038, 797
9,692, 212
10, 532, 532
13,854,445
18,483,929
38,027,988
56,-203,459
32, 553,272
29
27
15
8
31
44
52
48
21
7,995,493
10,027,603
6,902,413
1,451,334
9,312,628
12, 556,918
19,900,033
16,707, 354
10,103, 204
Total 1931-39 (1,633 banks)....
Active receiverships as of Oct. 31,
1939 (367 banks)
284 151,372,705
390
200,437,324
418
202,376,839
275
113
864,211,016
133
325, 779,083
Grand total (2,974 banks)
448 257,338,913
665 1,131,129,728
761
595,108,612
494 285,455,049
1, 1930 to Oct. 31, 1931
1
1
1
1
1,
1
1
1
1931
1932
1933
1934
1935
1936
1937
1938
to
to
to
to
to
to
to
to
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
31,
31,
31,
31,
31,
31,
31,
31,
1932
1933
1934
1935
1936
1937
1938
1939
3
24
34,952,849
232 $35,031,617
898
$285,115,767
76
974
17
10
12
13
31
29
38
25
9
5,436,020
2, 250,071
3,095,192
1, 657,228
4, 319,951
4,452,292
7,420, 214
6,441,938
2, 269,805
91
97
69
64
152
214
341
<364
159
29,738,938
47, 739, 776
29,929,256
26, 590,650
44,122,328
62,463,442
154, 754,207
167,176,781
123,971,181
8
25
39
28
11
1
0
0
0
99
122
2 78
92
163
215
341
*364
159
94,956,980
184
37,342,711
1,551
686,486,559
82
1,633
65 144,861,356
32
29, 736,133
367 1,399, 540,437
0
367
448 102,110,461
2,816 2,371,142,763
158
ii.2,974
154 $45,636,713
A
1 Including building and loan associations.
28 Deposits for banks restored to solvency unavailable.
Including 1 bank eliminated as an insolvent national bank through revocation of receiver's commission as of the date of issuance.
4
Exclusive of 1 receivership finally closed during year ended Oct. 31,1933, but reopened as a receivership and again finally closed during the year ended Oct. 31,1938.
5
w
8
46
REPORT OF THE COMPTROLLER OF THE CURRENCY
Administrative policies of the Comptroller's office with regard to
liquidation and the methods urged upon receivers in the discharge of
their duties are determined and limited by the fact, kept constantly
in mind, that the Comptroller of the Currency is by statute a trustee
who holds and liquidates the assets of each insolvent national bank
for the benefit of the depositors and other creditors through receivers
appointed for such purpose. Expenses of liquidation are kept at a
minimum and continual pressure has been, and is now, exerted on
receivers to bring about the early termination of the trusts in their
charge. An effort is also made to avoid such severity in liquidation
methods as would work unnecessary hardship on individual debtors
or would cripple or disrupt the community without, however, losing
sight of the needs of depositors for the return of their deposits at the
earliest practicable date.
The liquidation of those insolvent national banks which suspended
during the banking holiday of 1933, or just prior thereto, presented
new problems of administration requiring prompt solution. Among
these was the proper method to be employed in the liquidation of
the vast amount of general market securities held in the portfolios
of these banks as secondary reserves or acquired from collateral held
to secure the obligations of debtors. Experience quickly proved
that receivers acting independently of each other were in no position
to sell these securities efficiently upon a falling market and likewise
demonstrated that efforts to do so introduced a confusing element
into the national security markets, and in fact defeated the very
purpose thereof. The Comptroller, therefore, early in 1932 established an office in New York City, headed by a special liquidator of
securities, to assist receivers in the liquidation of this type of asset.
General market securities, at first consisting of bonds only but later
stocks and other types of securities, were forwarded by receivers to
the Federal Reserve Bank of New York, where they were held for
safekeeping until sales could be effected. Sales were negotiated by
the special liquidator from time to time after a careful study of the
securities to be sold and the capacity of the market to absorb offerings made, having in mind the interests of depositors and other
creditors for whose benefit the sales were to be effected. However,
need of this special provision for the liquidation of securities no longer
obtains, and arrangements have been made for the closing of the
special liquidator's office as of November 30, 1939. During the
period of nearly 8 years since organization of the special liquidator's
office the total proceeds of all sales effected have amounted to
$163,438,463. Of this total $155,084,084 was realized from the
sale of bonds having a par value of $227,590,598, while the balance
of $8,354,379 resulted from sales of stocks and other types of securities.
Another major problem was encountered in connection with the
immense amount of real estate acquired through foreclosures and
settlements consummated both before and after suspension of the
banks involved. All types of real estate were held in large volume,
of which prompt and satisfactory liquidation was impossible because
of the limited demand therefor and a falling market. If the real
estate were to be held for any considerable time, large expenditures
for operation, taxes, and rehabilitation were inevitable, while if
forced sales were attempted by the receivers, the resulting sacrifices
would have been disastrous to the depositors. Such disbursements
REPORT OF THE COMPTROLLER OF THE CURRENCY
47
as were necessary to preserve the creditors' equities were authorized
with, however, the imposition of rigid restrictions on rehabilitation
costs and the refusal to authorize expense of such nature without
reasonable assurance that the funds so invested would be recovered.
The situation required a solution that would relieve the depositors of
this burden and in 1935 resort was had to auction sales with satisfactory success. A total of 182 advertised sales of this character involving 7,659 separate parcels of real estate owned by 305 receiverships
have been held and this aid to liquidation has been a great factor in
expediting distributions to creditors and in the prompt termination
of scores of receiverships. The auction method is now being used
much less extensively and is largely confined to those cases where
a normal demand for the type of real estate held does not exist or
where such action will remove the immediate obstacle to termination
of a receivership. During the past year receivers have sold, with
and without the aid of auction sales, a total of 3,705 parcels of real
property, but there remains unsold an aggregate of 9,323 parcels of
which 78 percent is held by two receiverships. The remaining realestate holdings are valued by the receivers at approximately 45
million dollars and consist of 162 bank buildings, 748 store or office
buildings, 458 apartment buildings, 4,567 dwellings, 275 farms, 2,482
items of vacant urban property, and 631 miscellaneous parcels of
other types.
The development of the procedure to be followed in obtaining
newly available loans from the Reconstruction Finance Corporation,
and the distribution of the proceeds thereof to creditors likewise presented
a new problem. These loans ware obtained in large volume, but the
age and advanced stage of liquidation of most of the active receiverships now preclude any further benefits being obtained from this
source although loans can still be procured wherever circumstances
warrant. Since the passage of the Reconstruction Finance Corporation Act in 1932, 2,321 loans have been obtained for the benefit of
1,125 receiverships on which advances of 395 million dollars were
made by the Corporation. Practically all of the original loans were
repaid in full with interest, the loss ratio being onlyfiveone-thousandths
of 1 percent of the total advances. Only 13 of these loans remain unpaid
on which the balances due as of October 31, 1939, amounted to
$1,786,227. Many banks have found these loans to be desirable
investments, and during the last 3 years, 94 receiverships have obtained
loans aggregating $94,659,760 from 45 lending banks. Wherever
possible, these loans are placed with banks in preference to the Corporation. All of such loans have been repaid with interest except 6, on
which, as of October 31, 1939, the unpaid balances amounted to
$856,100. No loss is anticipated to any bank by reason of any of
these advances.
The Comptroller's Bureau has, through the Division of Insolvent
National Banks, taken a very active part in the management and
liquidation of each receivership. In accordance with provisions of
the statute, all compromise settlements and sales of assets are submitted to the Comptroller for consideration and approval before
submission by the receivers to courts of competent jurisdiction. All
questions of offset as well as the rights of alleged preferred or secured
creditors are submitted to the Comptroller for consideration and
instructions. Receivers are not permitted to make expenditures of
48
REPORT OF THE COMPTROLLER OF THE CURRENCY
trust funds for the preservation or protection of assets except as to
very minor items without first informing the Comptroller of the facts
and receiving necessary authority therefor. All general administrative expense is carefully reviewed and receivers must have the approval
of the Comptroller's office for the employment and salaries of those
persons whose assistance is considered necessary in the handling of
liquidation activities. The careful supervision and management of receiverships require sufficient competent personnel in the Division of
Insolvent National Banks to perform efficiently the various necessary
functions thereof and, in order to handle the large volume of work
involved in these numerous activities, it has been necessary to greatly
expand the personnel of the Division from time to time. The Division
of Insolvent National Banks now consists of 290 Washington office
employees under the direction of a chief supervising receiver assisted
by two supervising receivers in charge of the various Division activities. This supervisory personnel was supplemented as of September
30, 1939, by 135 field receivers and approximately 1,500 field receivers'
assistants of various kinds. The present Washington office and field
personnel is, however, much reduced from the maximum thereof,
since during the period of extreme activity following the national
banking holiday, there were approximately 425 Washington office
employees, and 5,000 field receivers and receivers' employees. The
present Division personnel will continue to decrease as the volume of
Division activity diminishes and particular functions thereof are
terminated. Costs of maintenance of the Washington office and personnel of the Insolvent Division are ratably assessed against insolvent
national banks, while salaries of field personnel and other costs are
paid directly from funds of particular receiverships involved.
In carrying out the task of supervision numerous policies have been
developed which have been impressed upon both the office and field
personnel. Receivers have been expected to use constructive methods
in dealing with the individual debtor, permitting him to continue as
a productive member of the community while programs of payment
were determined upon and carried out. While this may have slightly
prolonged the process, it has saved much of the dislocation and
distress that usually follows upon the liquidation of any body of
assets. Receivers have been expected to use meticulous care in the
study of each asset, however small, and to overlook no opportunity
to make recoveries for the depositors. Bad or doubtful obligations
have been freely compromised upon orders of courts of competent
jurisdiction. Except in very rare instances no settlements of this
type have been made without the debtors having first submitted
sworn financial statements for investigation and verification by the
receivers. While the collection of such a large volume of miscellaneous assets has necessarily entailed a large amount of litigation,
this has been held to a minimum. Just as the details of liquidation
receive the benefit of the experience of the administrative section of
the office, questions involving litigation are likewise carefully reviewed
and supervised by the office of the General Counsel of the Treasury.
Therefore, as a general rule litigation has not been instituted in any
case unless settlement by negotiation proved impossible and then only
when it appeared that probable recoveries would justify the expense.
Through the medium of this supervision it has been possible to keep
the management of litigation arising in receiverships on a high level as
REPORT OF THE COMPTROLLER OF THE CURRENCY
49
is evidenced by the fact that an overwhelming proportion of the decisions rendered in such suits have been favorable to the receivers.
This is true with respect to both State and Federal court decisions.
All cases which come before the Appellate courts receive special consideration by the legal staff. In many instances the briefs prepared by
counsel for the receivers are merely revised, although on occasion
they are completely rewritten. All cases which come before the
United States Supreme Court are handled directly by the General
Counsel's office in order to avoid unnecessary expense to receiverships
involved and to insure uniformity in method of presentation. Costs
of litigation have been closely watched and no attorney is designated
to act for a receiver without an agreement in writing that his employment shall be upon a fee basis and that he will abide by the determination of the Comptroller as to the fairness of fees charged. All fee
bills presented by attorneys are made the subject of close scrutiny to
the end that the charges may be made commensurate with the services
rendered and results obtained. Wherever necessary, and to insure
the best results, the courts have been asked to fix dates for hearings
upon petitions for orders authorizing sales of real estate, at which
hearings dissenting depositors or newly interested buyers may be
heard. A similar procedure has been frequently utilized in connection with other important sales, settlements, or compromises and the
courts have been very helpful and cooperative in this regard. A uniform method of accounting is used by all receiverships and all receivers
are subject to uniform regulations and instructions, developed as a
result of many years of experience. Detailed reports containing
transcripts of all transactions and showing the current status of all
unliquidated assets are made to the Comptroller quarterly. Receivers are bonded to the Comptroller in such penal amounts as are
necessary to protect the interests of creditors, and are in turn expected to require that receivership employees in responsible positions
be adequately bonded. A force of examiners in the field is constantly
engaged in special assignments or investigations, or in making regular
audit examinations of active receiverships.
MISCELLANEOUS ACTIVITIES OF THE BUREAU
Organization Division
The Organization Division supervises the activities of national
banks where the corporate organization is involved. The Division
furnishes general information pertaining to organization to applicants
who wish to organize a new national bank. An examiner makes an
investigation of the need of a new bank in the community, the probability of its success, and the financial and moral competence of its
organizers and proposed directors. If the Comptroller of the Currency
approves the application, the Organization Division then prepares
and furnishes the applicant with complete organization papers. When
these are filed, the charter is issued. The Organization Division
receives from every national bank annually lists of all directors elected,
copies of their oaths, the official signatures of officers, and any action
of the shareholders amending the articles of association. Reports are
required of banks in connection with changes of title or location and
any changes in the actual capital structure. The bank is also requested to file with the Division a copy of its bylaws.
50
REPORT OF THE COMPTROLLER OF THE CURRENCY
If a national bank desires to consolidate with another national bank
or State bank, to establish or discontinue branches, or to go into
voluntary liquidation, or if a State bank wishes to convert into a
national bank, the applications are handled by the Organization
Division. In addition to the matters described above with respect to
national banks, the Organization Division handles similar matters
with respect to all banks in the District of Columbia.
Representatives from the Division must be present at conferences
having to do with capital readjustments, to suggest methods of
procedure as well as plans for capital changes.
Earlier in this report a section deals with transactions handled by
this Division during the year.
Statistical Division
The Statistical Division is operated primarily to enable the Comptroller to effect compliance with certain requirements of law relating
to supervision of national banks in the United States and its possessions
as well as banks other than national, and certain building and loan
associations and credit unions in the District of Columbia.
The major function of the Division is the compilation of figures for
the information of Congress, the Comptroller, and others, through
the tabulation of numerous reports required to be submitted by
statute. Among these reports are at least three reports of condition
each year required from every national bank, accompanied by reports
of holding company affiliates and other affiliates, as well as reports
of condition of domestic branches and of foreign branches once a
year, and trust department balance sheets once a year from those
banks authorized to exercise fiduciary powers. Reports of earnings,
expenses, and dividends are required for each half year.
In the year ended October 31, 1939, tabulations were made by the
Division from approximately 30,000 condition reports and 10,500
reports of earnings, expenses, and dividends of national banks.
The statutes require the Comptroller to include in his annual
report a summary of the condition of every national bank from
which reports are received during the year, as well as resources and
liabilities of State and private banks in the various States. The
latter is obtained from State supervisors of banking. The Statistical
Division also compiles for publication an individual statement of
•condition of national banks at the close of business December 31.
Federal Reserve Issue and Redemption Division
This office prepares correspondence and maintains files with respect
to authorizing withdrawals of Federal Reserve notes from the Bureau
of Engraving and Printing for shipment; advices to Federal Reserve
agents and branch Federal Reserve banks, specifying denomination,
amount, and serial numbers of notes shipped; advices to Federal
Reserve agents covering the amount and denomination of Federal
Reserve notes of their bank received daily from the Treasurer of the
United States for verification and destruction.
Fragments and charred particles of Federal Reserve notes are referred to this Division for identification and approval before payment.
REPORT OF THE COMPTROLLER OF THE CURRENCY
51
Complete records are maintained of shipments and issues as to denominations, amounts, number of notes, and serial numbers. Accounting is also maintained of fit notes returned to the Federal Reserve
agents by the banks, reissued by the banks to the Federal Reserve
agents, the amount of unfit notes, returned to the Comptroller for
destruction, and the amount held by the Federal Reserve agent, and
the total outstanding of each Federal Reserve district, at the close
of each day's business. Every month the Federal Reserve agent's
account with the Federal Reserve bank to which he is accredited is
verified by this office.
All orders for the printing of Federal Reserve notes are received
direct from the Board of Governors of the Federal Reserve System
and Federal Reserve notes are consigned direct from the Federal
Reserve vault in Washington. Unfit Federal Reserve notes as they
are returned to the office of the Treasurer of the United States are
cut in half. The upper halves come to this Division for verification
and the lower halves are assorted in the office of the Treasurer of the
United States. Records are kept of the amount of unfit notes received
and actually destroyed by bank of issue, by number of notes, and by
denominations since the formation of the Federal Reserve System.
This division also handles retirement and certifications for destruction of national bank notes.
Six hundred and nineteen shipments of Federal Reserve currency
were made from Washington, D. C , during the year ending October
31, 1939, to the Federal Reserve agents and Federal Reserve branch
banks, aggregating $1,766,920,000, and in addition $35,400,000 was
delivered to the Treasurer of the United States.
Fifty-two weekly reports were furnished the Secret Service Division
showing the highest Treasury serial number, face plate and back plate
serial number appearing on the Federal Reserve notes shipped. This
information is useful in suppressing counterfeits.
Three thousand, one hundred and two lots of unfit Federal Reserve
currency were received for verification by 100 percent count andr
certification for destruction consisting of 101,282,386 notes, aggregating
$1,348,701,760.
Fifty-six lots of national bank notes were received for verification
by 100 percent count as certified for retirement and destruction consisting of 1,980,683 notes aggregating $27,105,030.
Three thousand four hundred and forty-one fragmentary or charred
Federal Reserve and national bank notes were delivered to this office
for identification and approval.
Semimonthly reports were furnished the office of the Comptroller
of the Currency, Boaxd of Governors of the Federal Reserve System,
and Federal Reserve agents showing total Federal Reserve notes
shipped, by bank and by denomination, the amount printed, and the
amount in process of printing by bank and by denomination and the
amount on hand available for shipment by bank and by denomination.
Retirement System
As of October 31, 1939, there were 784 active members of the
retirement system for national bank examiners, assistant examiners,
and clerks. Nine individuals have been retired since the establishment of the system on June 1, 1936, and a total of $21,481.56 has
52
REPORT OF THE COMPTROLLER OF THE CURRENCY
been paid in retirement benefits to date. During the past year,
$2,287.00 in death benefits were paid.
ORGANIZATION AND STAFF
On May 1, 1939, Mr. A. J. Mulroney was appointed a Deputy
Comptroller of the Currency.
On December 7, 1938, Mr. L. H. Sedlacek was appointed as Chief
National Bank Examiner for the Ninth Federal Reserve District, with
headquarters at Minneapolis, Minn.
On June 1, 1939, Mr. H. L. Post was appointed as Chief of the
Organization Division.
During December 1938 and the year 1939, a number of district
chief national bank examiners were shifted from one district to another
as follows:
From district
F. D. Williams.
I>. K. Roberts
Stephen L. Newnham.
A. P. Leyburn
Gibbs Lyons
W. H. Baldridge
IrwinD. Wright
First-.
Second..
Third...
Fourth..
SixthNinth..
Tenth..
To district
Sixth.
First.
Fourth.
Third.
Second.
Tenth.
Twelfth.
The personnel of the Bureau of the Comptroller of the Currency at
the close of the year ending October 31, 1939, consisted of 1,297 persons, of whom 530 were located in the main office in Washington and
767 in the field. The personnel of the Bureau decreased by 46 during
the current year ended October 31, 1939. The decrease in the personnel was chiefly in the Division of Insolvent National Banks and
resulted from curtailment of the work in that division as a result of
the continued reduction in the number of receiverships administered.
During the year 1939, a total of 29 assistant national bank examiners and 13 national bank examiners left the service. During the same
year, 54 assistant examiners were appointed and 19 assistants were
promoted to examiners. The number of employees in each division
of the Bureau is given in the accompanying table:
Personnel of the Bureau of the Comptroller of the Currency, Oct. 81, 1939
Office of the Comptroller and Deputy Comptrollers
Examining Division
Insolvent National Bank Division._ ^
Legal Division
Disbursement Division
Organization Division and Preferred Stock
Statistical Division
Federal Reserve Issue and Redemption Division
Total
17
807
295
53
39
30
29
27
1,297
REPORT OF THE COMPTROLLER OF THE CURRENCY
53
EXPENDITURES OF THE CURRENCY BUREAU
The total expenditures of the Currency Bureau for the year ending
June 30, 1939, were $5,883,012.58, which was $174,076.22 less than
the preceding year. Of these total expenses $5,612,323.88 was reimbursed by the banks. This amount was $165,816.92 less than that
for the preceding year. Total expenses paid by appropriation were
$270,688.70 which were $8,259.30 less than in the preceding year.
The regular pay roll provided by appropriation of $239,223.30 was
$11,907.81 less than in the preceding year. Among expenses reimbursed by the banks, those on account of examinations were largest
at $3,390,542.33 and were $373,450.12 larger than those of the previous
year. Printing of Federal Reserve notes cost $736,922.50, a decrease
of $371,260.37 from the previous year. Insolvent national bank pay
roll, including retirement deductions, aggregated $766,910.56, a decrease of $152,984.89 from the previous year. Details of expenditures
are given in the accompanying table:
Expenses incident to maintenance of Currency Bureau, fiscal year ended June SO, 1939
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.
_.
$239, 223.30
Change in
12 months
-$11,907.81
Expenses
reimbursed
by banks
$8,040.00
56, 228.85
766,910.56
Change in
12 months
27, 537.00
2,063.00
+3,469.00
-289.00
8, 513. 72
8,647.22
- 6 , 447.16
- 5 , 285. 27
1,815.96
+468.51
9, 554.47
12,950. 37
119,118.52
-9,199.33
+7, 618. 86
-19, 501.52
49.44
Total general expenses.
Currency issues—Federal Reserve notes:
Paper.
Printing, etc
_
Plates...
_
-.
s
s
o
$1,070, 402.71
-$168,633.64
190,249. 70
-29,165.91
124,392.60
-44,117.08
736, 922. 50 -371, 260. 37
92,361. 50 +41,988.45
Total currency issues-
953,676.60
3,390, 542. 33 +373.450.12 3, 390, 542. 33
106,610.64
+3,880. 81
106, 610. 64
171, 530. 60 +19, 781. 40
171, 530. 60
Expenses account of national bank examining service, paid by banks_
Postage on shipments of Federal Reserve notes
Surcharge paid on consignments.
-_.
Total expenses paid from appropriations.
Total expenses reimbursed by banks
Total expenses
-
Change in
12 months
-$5,883.98
+2,143.04
-152,984.89
Total salariesGeneral expenses;
Printing and binding
_
Stationery
Amount expended for light, heat, telephone, telegraph, furniture, labor-saving machines, etc., partially estimated
Travel and sustenance
_
_
..
Miscellaneous, rent, etc
_
_
.
_
_
-
Total
expenses
270,688.70
-8,259.30
5,612,323.88
-165,816.92
5,883,012.58
-373,389.00
-174,076.22
Respectfully submitted.
PRESTON DELANO,
Comptroller of the Currency.
To the SPEAKER OF THE HOUSE OF REPRESENTATIVES.
O
+373,450.12
+3,880.81
+19,781.40
3
O
APPENDIX
55
57
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of
appointment and resignation, and States whence appointed
Date of
appointment
Name
No.
Date of
resignation
State
COMPTROLLERS OF THE CURRENCY
McCulloch, Hugh__
Clarke, Freeman
Hulburd, Hiland R
Knox, John Jay
Cannon, Henry W
Trenholm, William L
Laeey, Edward S
Hepburn, A. Barton
Eckels, James H
Dawes, Charles G
Ridgely, William BarretMurray, Lawrence 0
Williams, John Skelton._.
Crissinger, D. R
Dawes, Henry M
Mclntosh, Joseph W
Pole, John W
O'Connor, J. F. T
Delano, Preston
May
Mar.
Feb.
Apr.
May
Apr.
May
Aug.
Apr.
Jan.
Oct.
Apr.
Feb.
Mar.
May
Dec.
Nov.
May
Oct.
1,1867
25,1872
12,1884
20,1886
1,1889
2,1892
26,1893
1,1898
1,1901
28,1908
2,1914
17,1921
1,1923
20,1924
21,1928
11,1933
24,1938
May
Aug.
Mar.
Aug.
Jan.
Jan.
Aug.
Apr.
Mar.
Sept.
June
July
May
July
Jan.
July
July
Dec.
9,1863 Aug. 1,1865
1,1865 Jan. 31,1867
12,1867 Apr. 24,1872
8,1872 Jan. 3.1886
5,1886 Jan. 3.1887
27,1887 May 25,1890
11,1890 Mar. 16,1893
7,1893 Mar. 11,1896
12,1896 Aug. 31.1898
1.1898 June 27.1899
29,1899 Mar. 2,1923 2
1,1908 Feb. 14,1927
21,1923 Dec. 19,1924
1,1923 June 30.1927
6,1925 Nov. 30.1928
1,1927 Feb. 15,1936
6.1927
1.1928
-,
Jan. 23,1933
9,1863
21,1865
Mar. 8,1865 Indiana.
July 24,1866 New York.
Apr. 3,1872 Ohio.
Apr. 30,1884 Minnesota.
Mar. 1,1886
Do.
Apr. 30,1889 South Carolina.
June 30,1892 Michigan.
Apr. 25,1893 New York.
Dec. 31,1897 Illinois.
Sept. 30,1901
Do.
Mar. 28,1908
Do.
Apr. 27,19131 New York.
Mar. 2,1921 Virginia.
Apr. 30,1923 Ohio.
Deo. 17,1924 Illinois.
Nov. 20,1928
Do.
Sept. 20,1932 Ohio.
Apr. 16,1938 California.
Massachusetts.
DEPUTY COMPTROLLERS OF THE CURRENCY
Howard, Samuel T
Hulburd, Hiland R.._
Knox, John Jay
Langworthy, John S__
Snyder, V. P
Abrahams, J. D_
Nixon, R. M
Tucker, Oliver P
Coffin, George M
Murray, Lawrence O_
Kane, Thomas P
Fowler, Willis J
Mclntosh, Joseph W._
Collins, Charles W____
Stearns, E. W.
Await, F. G
_.
Gough, E. H .
Proctor, John L
Lyons, Gibbs
Prentiss, William, Jr__
Diggs, Marshall R
Oppegard, G. J
Upham, C. B
Mulroney, A. J
i Term expired.
Jan. 24,1933
Feb. 24,1936
Jan. 16,1938
-do.
Oct. 1,1938
May 1,1939
Jan. 15,1938
do
Sept. 30,1938
do
New York.
Ohio.
Minnesota.
New York.
Do.
Virginia.
Indiana.
Kentucky.
South Carolina.
New York.
District of Columbia.
Indiana.
Illinois.
Do.
Virginia.
Maryland.
Indiana.
Washington.
Georgia.
California.
Texas.
California.
Iowa.
Do.
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. 81, 1939
Name
Designation
Post, H. Lee.._
___
Chief, Organization Division.. _
Kane, William A.
_
Administrative officer--.
Benner, John A
.
Junior administrative officer
Bentlev, Thomas B
Administrative officer.
Birge, Warren R.
_ Junior administrative officer.
Offutt, William F
Junior administrative assistant
Verrill, Harry M
do
Frye, Ruby M
. . do
Fuller, Jane L.__
_. .do
do
Wigginton, Norval P
.—do.....
Tucker, Samuel M
do
Reese, William H
do
Stafford, Catherine M
__
. . ,
Herndon, John W
__
Principal clerk
Furbershaw, Miriam
___ Junior administrative assistant...
Horsey, Olga S.
do
Basinger, Walter S
Principal clerk
Tylor, Gertrude I
.. .
do
O'Mara, Vera L-..
Senior clerk
. ..
Whelan, Marjorie B
Senior clerk-stenographer
Heizer, Helen V
_
_
Senior clerk. _
Salary
_
-.
._-
__.
$6,000
4,400
4,000
3,800
3,500
3,000
3,000
2,900
2,900
2,900
2,800
2,700
2,700
2,700
2,600
2,600
2,500
2,500
2,500
2,500
2,400
:58
REPORT OF THE COMPTROLLER OF THE CURRENCY
"TABLE N O . 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. SI, 1939—Continued
Designation
Name
"Henderson, Virginia D
Reed, Samuel E
Smith, W. E d w i n . . . .
"McPherson, Mabel E -.
Lovelly, Laura F
O'Brien, May F
iMcFadden, Arthur M
Jackson, Andrew W
Lucas, Marie R
King, Dorothy O
Crittenden, John W
Haygood, Ethel
_
Smith, Helen M"Mortimer, Mary H
Crist, Gladys H
Doran, E. Jessie
Friedrichs, Minna K
Robertson, Frances M
Buckley, Regina C
Watts, Metta F
Jamieson, William G
Barksdale, George T
Brannock, Burneta..
Grossman, Albert F
Pullman, Mildred F_
Chisholm. Elizabeth
•Colburn, Nellie A
Hopkins, Edna I .
Magmder, Edith P . . .
"McKinney, Elva L .
"Walker, Johanna S._
Haymon, N. Mabel
Smith, Clara E .
Dodge, Victor H_.
Jorgenson, John A
Fox, Bessie E.___
Pittle, Ethel Rod
'Tschiflely, LaceyB. R
Gorham, Eloise H
Sazama, Alice R
Ethridge, Elsie E
Joyce, Atha-Lane.
Poole, Lillian IShea, Catherine L
Canavan, Josephine M
__
Croson, Maud B
Dailey, William
Dent, Mary J
Smith, Mabel W
Wilson, Mildred C
Wolfe, Alice M
Arkin, Mae
Blake, Marie M
Parsons, R u t h . .
Hurd, Agnes E
O'Donnell, Josephine A___
Chamberlain, Robert J
Boyd, Nelle
Oardner, Ruby
Harleston, Catherine
Murtaugh, Ruth A
Pullen, Dale D
Rutherford, Marjorie L
Shely, Myrtle B
Spring, Mildred A
Lemnah, Norman F .
Schultheis, James P
Dillon, Minnie L
Frock, Annie C
Snoddy, Ralph D
Kemether, Eva C
Curtin, Anne E
Schaff, Boyd F
Geryais, Gladys
Whiteman, Edgar
Wilkins, Gordon W
Oover, Thomas A
Mims, Alvin E
TLipkovitz, Israel S
_
_
....
_
_
_
.
_
_
Senior clerk-stenographer..
Senior clerk
_
do..
Principal clerk .
Senior clerk
....do
....do
_
Clerk
Clerk-stenographer..
do..
Senior clerk-stenographer..
do
Clerk..
Clerk-stenographer
Assistant clerk-stenographer.__
....do
Assistant clerk
Assistant clerk-stenographer. _.
Clerk.
Assistant clerk
Senior operator, office devices.
__ Clerk
do
do
do
Assistant clerk,
do...
.do.,
.do.,
.do.,
_.
.do..
.do.,
.do..
Assistant clerk-stenographer..
Clerk.
Clerk-stenographer
do
Assistant clerk
_.
Assistant clerk-stenographer.,
do..
Senior stenographer.
do
__ . . . . d o
Assistant clerk.
do
do
doo
.do..
.do..
.doAssistant clerk-stenographer..
do.—
_._
do
Junior Clerkdo
do..
Junior operator, office devices.
Assistant clerk-stenographer.._
__.
do__
Assistant clerk
Assistant clerk-stenographer..
Assistant clerk
do.
Head typist
Senior operator, office devices.
Assistant clerk-stenosrapher...
do..
Counterclerk
. — .do
Junior clerk
Junior operator, office devices.
Underclerk
_.
Junior clerk
Counter clerk
Messenger
Underclerk
Messenger
do
Underclerk
__
$2,400
2,400
2,400
2,300
2,300
2,200
2,100
2,100
2,100
2,040
2,000
2,000
1,980
1,980
1,980
1,980
1,980
1,980
1,920
1,920
1,920
1,860
1,860
1,860
1.860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
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
1,680
1,680
1,680
1,680
1,680
1,680
1,680
1,680
1,620
1,620
1,620
1,620
1, 560
1,560
1,560
1,500
1,500
1,500
1,440
1,440
1,440
1,380
REPORT OF THE COMPTROLLER OF THE
59
CURRENCY
TABLE NO. 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. 31, 1939
Designation
Name
Blount, Joseph T
Nixon, Clarence A
Jones, George S
Thompson, Frank
Mann, Harry C
Barrett, Lester J
Berkley, Guy H
Guines, Haskell
Hill, Edgar W
Robinson, Clarence E-.
Wright, James H
Moore, Frederick S
Murphy, Arvelle I
Ross, Willard.
Salary
Messenger _
do
do
.do..
Junior Laborer,.
IJnderclerk..
Messenger
_do.do.,
.do..
_do.
..do..
..do..
$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
..do-
TABLE NO. 3.—Number of national banks organized since Feb. 25, 1863, number
passed out of system, and number in existence Oct. 31, 1939
Under
Under
Under
Under
act of Feb. 25, 1863
act of June 3, 1864, as amended
gold currency act of July 12, 1870
act of Mar. 14, 1900
456
9, 203
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
5,799
208
408
2,801
Total number passed out of the system
14,421
9,216
Number now in existence
i Exclusive of those restored to solvency.
5, 205
TABLE NO. 4.—National banks reported in liquidation from Nov. 1, 1938, to Oct. 31 f
1939, the names, where known, of succeeding banks in cases of succession, with
date of liquidation and capital
Name and location of bank
Date of liquidation
The First National Bank of Graceville, Minn. (7213), succeeded by
Oct. 29,1938
The First State Bank of Graceville
First National Bank in Wheaton, Minn. (13556), succeeded by The
..—do
First State Bank of Wheaton
The First National Bank of Highmore, S. Dak. (7794), succeeded by
Nov. 12,1938
The First State Bank of Highmore
Dec. 1,1938
The First National Bank of Carpio, N. Dak. (7315)
do
The First National Bank of Rockland, Mich. (5199)
First National Bank in Thermopolis, Wyo. (12638), succeeded by
Nov. 25,1938
First National Bank at Thermopolis
The Exchange National Bank of Hutchinson, Kans. (13106), abDec. 1,1938
sorbed by The American National Bank of Hutchinson
First National Bank in Phillips, Wis. (13487), absorbed by The State
Nov. 7,1938
Bank of Phillips
The First National Bank of Napa, Calif. (7176), absorbed by Bank
of America National Trust and Savings Association, San FranDec. 12,1938
cisco, Calif
-_First National Bank in Cordele, Ga. (14257), succeeded by First
Dec. 31,1938
State Bank in Cordele
The First National Bank of Granger, Tex. (6361), succeeded by The
.—.do
First State Bank, Granger
The New Cumberland National Bank, New Cumberland, Pa. (7349),
succeeded by New Cumberland Bank
Dec. 22,1938
The First National Bank of Lovelady, Tex. (8742), absorbed by The
Oct. 28,1937
State National Bank of Lovelady
The First National Bank of Okemah, Okla. (6477), absorbed by The
Okemah National Bank
i Nov. 15,1938
See footnotes a t end of table.
205927—40-
Capital
Common
Preferred
$25,000
50,000
50,000
25,000
25,000
$12,500
50,000
150,000
28,500
16,500
150,000
54,000
50,000
100,000
25,000
50,000
46,000
60
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 4.—National banks reported in liquidation from Nov. 1, 1988, to Oct. 81 %
1939, 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 Roosevelt, N. Y. (11953), absorbed by
The Nassau County National Bank of Rockville Centre, N. Y
The Consolidated National Bank of Tucson, Ariz. (4287), absorbed
by The Valley National Bank cf Phoenix, Ariz
The Palisade National Bank of Fort Lee, Palisade, N. J. (12497),
succeeded by The United National Bank of Cliffside Park, N. J . . .
The First National Bank of Bainbridge, N. Y. (2543), absorbed by
The National Bank and Trust Company of Norwich, N. Y
The National City Bank of Lynn, Mass. (697), absorbed by Essex
Trust Company, Lynn
The Bolivar National Bank, Bolivar, Pa. (6135)
First National Bank & Trust Company of Elmira, N. Y.i (149),
succeeded by Elmira Bank & Trurt Company
The First National Bank of Milton, Del. (12882)
The First National Bank of Malakoff, Tex. (10403), succeeded by
Citizens State Bank, MalakofL
.
The National Bank of Munfordville, Ky. (11336), absorbed by
Hart County Deposit Bank, Munfordville
The Delaware County National Bank of Delaware, Ohio (13535),
absorbed by The First National Bank of Delaware
The National Bank of Mansfield, Ark. (11196), succeeded by Bank
of Mansfield
The First National Bank and Trust Company of Blackwood, N. J.
(9597), absorbed by Camden Trust Company, Camden, N. J
The National Brookville Bank, Brookville, Ind. (7805), absorbed by
The Franklin County National Bank of Brookville
The First National Bank in Brooksville, Fla. (13320), absorbed by
Hernando State Bank, Brooksville
Groveton National Bank, Groveton, N . H. (13808), succeeded by
Peoples National Bank of Groveton
The Northwestern National Bank of Bellingham, Wash. (9070),
absorbed by The National Bank of Commerce of Seattle, Wash___
The First National Bank of Mount Vernon, Ohio (908), absorbed by
Knox National Bank in Mount Vernon >
The First National Bank of Plainfield, N. J. (13629), absorbed by
The Plainfield National Bank
First National Bank in Waynesboro, Miss. (14176), succeeded by
First State Bank, Waynesboro.
The First National Bank of Athena, Oreg. (4516), absorbed by The
United States National Bank of Portland, Oreg
The Commercial National Bank of Sturgis, S. Dak. (6990), absorbed
by First National Bank of The Black Hills, Rapid City, S. Dak_.._
The Citizens National Bank of Colton, Calif. (13356), absorbed by
The Citizens National Trust and Savings Bank of Riverside, Calif.
The Southwest National Bank of Canadian, Tex. (11722), absorbed
by The First National Bank of Canadian
The First National Bank of Salisbury, Pa. (6106), absorbed by The
Citizens National Bank of Meyersdale
. _
The First National Bank of Parma, Idaho (11496), absorbed by The
Idaho First National Bank of Boise, Idaho
The First National Bank of Bellingham, Wash. (7372), absorbed by
Seattle-First National Bank, Seattle, Wash
The Charlotte National Bank, Charlotte, N. C. (5055), absorbed by
Wachovia Bank and Trust Company, Winston Sa'em, N. C
The North Syracuse National Bank, North Syracuse, N. Y. (12938)..
The First Merchants National Bankand Trust Company of Middletown, N. Y. (13528), succeeded by The National Bank of Middletown
_
.
_
The Morgan County National Bank of Cannel City, Ky. (7891)
The First National Bank of Eldorado, Okla. (9963), succeeded by
First State Bank, Eldorado..
The Kimball National Bank, Kimball, W. Va. (13484), absorbed by
The First National Bank of Bluefield, W. Va
See footnotes at end of table.
Date of liquidation
Dec.
Capital
Common
Preferred
$100,000
3,1938
$50,000
Apr. 15,1935
200,000
Jan. 17,1939
50,000
Jan. 10,1939
37,500
37,500*
Feb. 1,1939
.....do..
200,000
30,000
250,000
Feb. 25,1939
Mar. 1,1939
1, 237, 500
25,000
Mar. 9,1939
25,000
Feb. 15,1939
25, 000
Mar. 15,1939
100,000
Mar. 16,1939
50,000
Feb. 18,1939
150,000
Mar. 15,1939
100,000
Mar. 28,1939
30,000
20,00O
Apr.
1,1939
25,000
25,00O
Apr. 11,1939
100,000
75,00O
Apr. 19,1939
50,000
Apr. 15,1939
106,000
550,00O
Apr. 29,1939
20,000
30,000"
Apr. 14,1939
50,000
May
3,1939
40,000
Mar. 16,1939
50,000
Apr. 21,1939
100,000
May 26,1939
50,000
Apr.
10,000»
8,1939
50,000
June 2,1939
500,000
June 17,1939
June 20,1939
250,000
45,000
150, 000s
25,000*
June 7,1939
June 26,1939
250,000
25,000
15,000
July
3,1939
25,000
July 14,1939
100,000
61
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 4.—National banks reported in liquidation from Nov. 1, 1988, to Oct. 81,
1989, the names, where known, of succeeding banks in cases of succession, with
date of liquidation and capital—Continued
Capital
Date of liquidation
Name and location of bank
The Medomak National Bank of Waldoboro, Maine (1108), absorbed by Depositors Trust Company, Augusta. Mainehe First National Bank of Cle Elum, Wash. (10469), absorbed by
The
Seattle-First National Bank, Seattle, Wash
The American National Bank of Camden, N. J. (13120), absorbed
by Camden Trust Company
Lafayette National Bank and Trust Company of Luxemburg, Mo.
(13514), absorbed by Lemay Bank and Trust Company, Luxemburg.
The Farmers National Bank of Clay, K y . (8943), succeeded by
Farmers Bank, Clay
The First National Bank of Genoa, Nebr. (5189), absorbed by The
Genoa National Bank
The First National Bank of State Centre, Iowa (8931), succeeded by
First State Bank, State Center
:
#
The First National Bank of Crockett, Calif. (11326), absorbed by
Bank of Pinole, Crockett
_
_
_.
Common
Preferred
$32,000
2,1939
$38,000
July 28,1939
50,000
Jan. 26,1939
300,000
Aug.
Jtfy 31,1939
50, 000
Sept. 7,1939
50,000
50,000
Aug. 15,1939
25,000
Sept. 15,1939
25,000
Sept. 29,1939
40,000
10,000
5,581,500
1,484,500
Total (56 banks).
30,000
i With 4 branches, 2 at Elmira, 1 at Elmira Heights, and 1 at Horseheads.
* Title changed to the First-Knox National Bank of Mount Vernon.
TABLE NO. 5.—National a?id State banks consolidated in the year ended Oct. 81,
1989, under Act of Nov. 7, 1918, as amended Feb. 25, 1927, and June 16, 1933
Capital stock
Surplus
Common
The West Hudson County Trust Company,
Harrison, N. J., with
and the Kearney National Bank, Kearney,
N. J., (No. 13537), which had
consolidated June 30,1939, under charter of the
latter bank (No. 13537) and title "Wost Hudson National Bank of Harrison," Harrison,
N. J. The consolidated bank at date of consolidation had
The Central National Bank of Lynn, Mass.,
(No. 1201), with
and The Manufacturers National Bank of
Lynn, Mass., (No. 4580), which had
consolidated Aug. 31,1939, under charter of the
latter bank (No. 4580) and title "Manufacturers-Central National Bank of Lynn,"
Mass. The consolidated bank at date of
consolidation had
Peoples State Bank, Turlock, Calif, with
and the First National Bank in Turlock,
Ca,Uf., (No. 13418), which had
_.
consolidated Aug. 31, 1939, under charter and
title of the latter bank. The consolidated
bank at date of consolidation had
Preferred
Undivided
profits
$200,000
$600,000
40,000
675,000
174,000
P>00,000
$155, 000
73, 378
200,000
100,000
60, 000
46, 677
3, 642,108
250, 000
35,862
3,682,956
100,000
11,000
166, 497
49,337
7, 209, 55Q
899, 228
13,000
38,809
725, 615
75,000
112, 111
1,577,931
200,000
400,000
75,000
75,000
75,000
100, 000
$55, 367
Total
assets
$6, 822,576
3, 497, 830
10,124, 832
NOTE.—Figures in t h e above table other than those as of dates of consolidation are for June 30,1939, t h e
date of the last condition report prior to consolidation.
62
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 6.—Number and capital of State banks converted into national banking
associations in each State and Territory from 1863 to Oct. 81, 1939
Location
Number of
banks
Maine
New Hampshire
Vermont
_
Massachusetts
Rhode Island
..
Connecticut
34
28
22
190
52
65
._.
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
Number of
banks
Location
$4,605,000
2,595,000
2,029,990
72, 691, 200
16, 717, 550
18,932, 770
391
117, 571, 510
241
50
128
6
36
125,331, 291
9,820,450
i 37,859,095
585, 010
10, 249,372
1,080,000
467
184,925, 218
67
36
40
48
33
23
35
19
13
147
45
44
51
5,937,100
2, 608,900
2 4,311,000
4, 512,000
6, 837,000
2,365,000
4,810,000
1, 560,000
3,625,000
12,492, 500
3, 357, 500
3
8,006,900
8, 090,000
601
68, 512,900
OhioIndiana
Illinois
Michigan.
Wisconsin
Minnesota
Iowa
Missouri
_
_
_
Total Middle Western
States
North Dakota
South D a k o t a . .
Nebraska
Kansas..
Montana
Wyoming
Colorado
New Mexico.
Total Western S t a t e s Washington. _
Oregon
California
Idaho-.
Nevada-
25
29
73
26
37
117
45
52
$3, 490,000
2,208,000
86,035,000
3,020,000
3,695,000
7,691,000
4
2,385,000
18,501,800
404
127,025,800
195
2,760,000
1, 750,000
5, 535,000
8 4,237,000
1, 585,000
320,000 .
« 2,805,000
400,000
8,170,000
612
27,562,000
74
30
113
26
1
5
8,175,000
1,951,000
45, 272,800
1,080,000
50,000
300,000
51
108
84
38
9
36
Oklahoma..
___
Arizona
Capital
249
Total Pacific S t a t e s —
2,724
582, 426, 228
Total United S t a t e s . . .
1 $200,000 of which is preferred capital stock.
2 $300,000 of which is preferred capital stock.
s $1,000,000 of which is preferred capital stock.
4
$55,000 of which is preferred capital stock,
c $25,000 of which is preferred capital stock.
6
$25,000 of which is preferred capital stock.
TABLE N O . 7.—Conversions of State banks and primary organizations as national
banks from Mar. H, 1900, to Oct. 81, 1939
Conversion 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
907 279,272,800 1,345 217,008,500 2,153 348,154,600 4,405 844,435,900
1,805 303,206,100 2,512 247,918,000 4,840 417,530,100 9,157 968,654, 200
TABLE N O . 8.—Number of national banks increasing their capital stock, together with the amount of increase monthly for years ended Oct. 31,
since 1934
1935
Month
1937
Num- ComPreferred Nummon Number capital
ber
ber
capital
November. _
December. _
January
February
March
April
May
June
July
August
September..
October
$186, 200
L, 330, 000
19 597, 750
17 778, 000
16 320, 500
13 474, 000
12 360, 500
7 307, 500
16 499, 500
27 946, 000
10 256, 000
15 1., 087, 300
Total.
172 7,143, 250
Common
capital
Num
ber
Preferred Numcapital ber
$190,000
532, 500
1,004, 350
1, 387, 535
784, 550
935, 790
140,000
1, 222, 500
5,998,000
7, 299, 729
1,494, 325
1,124,875
$225,000
715,000
260,000
6 8, 360,000
~ 55,000
403 273,910,750 3 36122,114,154
32 11,270,000
57 $7,177, 500
71 10, 279,000
66 10, 605, 750
58 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
650,000
675,000
320,000
10,000
Common
capital
Pre- NumNum- ferred
ber capital ber
16 $467,250
27 4,374,875
42 3, 222, 400
111 13,924, 765
127 2, 528, 525
95
910,445
41 1,057, 410
62 1,193,415
43
972, 600
121 1,879,085
74 3,141,890
31 1, 526, 735
790 35,199, 395
1938
$225,000
5 1,050, 000
50,000
34, 000
207, 250
100,000
50,000
10, 000
191,000
Common
capital
1939
Pre- Num- Com- Num- Preferred
Num- ferred
mon
ber
ber capital ber capital
capital
23 $766, 550
20 1,013, 792
33 2,066,125
97 11., 716, 715
118 1, 792,420
29
589,200
24
258, 770
14 206,800
35 1,046,105
147 1,164, 400
52
794,100
255, 650
33
19 1,917,250 « 625 21, 670,627
$400,000
215,000
35, 000
200, 000
30, 000
375, 000
70, 600
130,000
20 $552,850
33 2,447, 750
"" 3,
1,674,208
40
157 1,326,180
112 810, 525
., 244, 345
39 1,
18 494,928
16 770, 700
27 469, 359
172 2,171,125
' 393,975
734, 692
13 1,455,600 6 699 15,090,637
4 $8, 225,000
65,000
15,000
820,000
640,000
356, 250
30,000
10,000
25,000
50,000
225,000
29 10, 461,250
1 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.
2 Includes $5,000 previously reported in 1934 as common capital stock.
3 Of these cases, 29 were effected by stock dividends aggregating $1,184,170; 296 cases aggregating $13,005,290 were increases from net earnings incident to the retirement of preferred
capital
stock, and 4 cases aggregating $259,160 were conversions of preferred capital stock; also includes a correction of $2,000.
4
Of these cases, 37 were effected by stock dividends aggregating $5,086,100; 673 cases aggregating $22,407,545 were increases from net earnings incident to the retirement of preferred
capital stock, and 18 cases aggregating $1,036,700 were conversions of preferred capital stock.
» Of these cases, 25 were effected by stock dividends aggregating $1,804,500; 555 cases aggregating $15,728,202 were increases from net earnings incident to the retirement of preferred
capital
stock, and 2 cases aggregating $60,050 were conversions of preferred capital stock.
6
Of these cases, 22 were effected wholly or in part by stock dividends aggregating $1,198,250; 633 cases aggregating $10,142,387 were increases from net earnings incident to the retirement of preferred capital stock, and 3 cases aggregating $98,250 were conversions of preferred capital stock.
w
a
o
If
w
d
izj.
o
Kj
O5
CO
64
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 9.—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
1936
1937
1938
1939
Capital
Loss to
capital
No.
. 195 $18,675,000
144 9,689,500
122 6,630,000
176 11, 590,000
164 13,400,000
245 21,780,000
361 31,077, 500
169 20,005,000
232 24,890,800
190 30,522, 500
135 21, 375,000
251 26,040,000
160 29, 705,000
135 43, 570,000
113 26,160,000
141 38,195,000
108 12,240,000
'78 9, 690,000
68 87,145,000
176 74, 761,500
476 61,174,100
49 7, 780,000
20 2,465,000
29 5, 355,000
875,000
8
19 a 2,925,000
26
15
24
21
19
16
15
30
25
27
50
45
29
26
10
2
13
3
8
3
1
i $3,220,000
11,650,000
1 850,000
13,275,000
'2,575,000
i 1,255,000
1 1, 660,000
1 4,455,010
13,407,000
1 6,857, 500
i 4, 780,075
i 1,355,000
i 2,882, 500
1 3,385,500
12,765,000
1447,100
12 15,000
i 302,875
12 75,000
In voluntary
liquidation
No.
113
82
135
107
68
83
84
93
103
121
155
123
153
165
156
221
263
308
236
155
357
189
76
98
47
56
Insolvent
Capital No.
$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
7,680,000
11,049,540
4,550,500
* 7,066,000
Net yearly
Net yearly
increase
decrease
(exclusive of
(exclusive of
existing banks existing banks
increasing
decreasing
their capital) their capital)
21
14
13
7
2
1
5
34
31
53
138
98
91
135
61
79
104
369
380
348
394
25
6
11
2
66
Capital No.
Capital
No.
Capital
$1,810,000 61
$9,622,000
1,830,000 48
5, 935, 500
805,000
26 9,003,000
1, 230,000 62
4,007, 500
250,000 94
3,015,000
25,000 135 $2,155,000
205,000 257 14,492,500
1,870,000 18
19, 790,000
2,015,000 77
690,800
3,405,000
3 14, 747, 500
9,635,000
174 30, 260,000
6,420,000 15 3,492,500
5,412,500
114 8,820,810
8,257,000
176 4,439,000
4,135,000
125 11,743,500
6, 575,000
201 70,707,575
8,355,000
288 35,260,400
46,862,000
599 96,809, 500
50, 505, 585
515 55,406,385
76,107,500
305 27,656,000
56, 585,000
210 30, 208,900
4, 305,020
158 14, 827,370
10,200,000
59 5,230,000
1,987,150
82 7, 269,565
50,000
43 3,700, 500
6 745,000
7 42 4,436,000
12 Amount of capital stock reductions incident to consolidations.
Preferred capital stock reduction.
3 Includes $80,000 preferred capital stock.
4
Includes $1,484,500 preferred capital stock.
8
Includes 2 banks with $525,000 capital stock which had been placed in voluntary liquidation prior to
Nov.
1, 1938.
6
Includes
$80,000 preferred capital stock.
7
There was a decrease of 42 banks considering the 2 banks which had been previously reported in voluntary liquidation.
TABLE N O . 10.—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, 1939
Organized
States
Maine
_
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
_
.
Total New England States
-
Consolidated
under
act
Nov. 7,
1918
Insolvent
In
liquidation
In
existence
127
80
85
370
67
120
4
2
1
21
2
4
13
5
16
28
2
7
72
21
26
196
51
56
38
52
42
125
12
53
849
34
71
422
322
65
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 10.—Total number of national banks organized, consolidated under
act Nov. 7, 1918, as amended June 16, 1983, insolvent, in voluntary liquidation,
and in existence on Oct. 31, 1939—Continued
States
New York
_
New Jersey
Pennsylvania .
_
Delaware
Maryland
District of Columbia
Total Eastern States
50
16
42
140
31
1
4
17
7
59
11
63
9
2,882
113
421
904
1,444
248
17
28
11
4
38
44
73
118
181
136
171
76
101
142
245
205
6
8
1
2
4
3
32
1
9
6
43
42
42
45
16
16
140
39
37
36
49
79
41
57
32
52
542
53
104
92
130
77
42
20
52
52
67
24
30
446
49
95
71
3,119
104
566
1,294
1,155
690
433
847
310
270
484
544
290
24
11
15
4
9
6
4
9
112
98
227
77
53
116
204
58
310
198
278
147
103
170
227
137
244
126
327
82
105
192
109
86
3,868
82
945
1,570
1,271
259
219
402
447
193
3
12
1
4
3
100
93
83
75
76
106
73
183
185
71
50
41
135
183
43
35
430
22
214
1,160
_.
Total Middle Western States
North Dakota
South Dakota. .
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Alaska
Territory of Hawaii
Puerto Rico
Virgin Islands
990
415
189
147
_
Total Western States
Washington
Oregon
California
Idaho
Utah..
Nevada
_
Arizona
Total Pacific States
Consolidated
under
act
Nov. 7,
1918
1,276
30
_
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
Organized
_
Insolvent
128
59
209
1
12
55
_
Total of United States, Alaska, and insular
possessions
331
14
63
57
21
82
437
226
694
15
26
78
3
82
739
12
25
83
2,618
38
602
1,186
792
221
147
17
2
51
30
509
109
38
17
31
12
3
1
1
64
35
6
4
6
108
88
333
55
16
6
19
45
27
100
19
13
6
5
1,072
36
196
625
215
1
4
1
4
1
13
1
6
6
14,421
408
6,007
5,205
6
1
_
375
114
In
existence
59
218
5
Total Alaska and insular possessions
In
liquidation
1
1
1
2,801
66
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 11.—Changes of corporate title of national banks, year ended Oct. 31,1939
Charter
No.
Title and location
11852
The City National Bank and Trust Company of Battle Creek, Mich., to "First National
Bank of Battle Creek"
._
615
5547
11607
4446
7638
3004
11148
10254
13537
4580
Date
1988
Dec. 1
1989
National Rockland Bank of Boston, Mass., to "The National Rockland Bank of Boston".. Jan. 13
The Citizens-Farmers National Bank of Chickasha, Okla.,to "The First National Bank
in Chickasha"
Feb. 1
The Memorial National Bank of Collingswood, N . J., to "First National Bank of Collingswood"
Do.
First National Trust and Savings Bank of Port Huron. Mich., to "First National Bank
of Port Huron"
Mar. 15
Knox National Bank in Mount Vernon, Ohio, to "The First-Knox National Bank of
Mount Vernon"
May 18
The Tipp-Citizens National Bank of Tippecanoe City, Ohio, to "The Tipp-Citizens
National Bank of Tipp City"
.
May 29
The First-Merchants National Bank of Lafayette, Ind., to "First Merchants National
Bank and Trust Company of Lafayette"
June 1
The First National Bank of East Bernstadt, "Ky., to "Second National Bank of London," Ky
June 9
Kearny National Bank, Kearny, N . J., to "West Hudson National Bank of Harrison,"
Harrison, N. J. (incident to consolidation with tho West Hudson County Trust
Company, Harrison, N. J.)
June 30
The Manufacturers National Bank of Lynn, Mass., to "Manufacturers-Central National
Bank of Lynn," Mass, (incident to consolidation with the Central National Bank of
Lynn, Mass.)
_
Aug. 31
The Live Stock National Bank of South Omaha, Omaha, Nebr., to "The Live Stock
National Bank of Omaha"
Sept. 15
TABLE NO. 12.—National banks chartered during the year ended Oct. 31, 1939
Capital stock
Charter
No.
Title
Common
Preferred
ALABAMA
14414
$250,000
State National Bank of Decaturi
ILLINOIS
14403
14405
14407
14410
14411
14412
14413
14415
14416
14417
14418
14419
National Bank of Earlville
The South Shore National Bank of Chicago
First National Bank in Greenville
The Highland National Bank, Highland
Elmhurst National Bank Elmhurst
Monroe National Bank of Columbia
First National Bank in Fairbury
Citizens National Bank of Macomb
Central National Bank of Mattoon
Farmers National Bank of Fairbury
Peoples National Bank of Kewanee
Mercantile National Bank of Chicago
Total (12 banks)
.
.
50,000
200,000
50,000
75,000
250,000
50,000
50,000
100,000
100,000
50,000
100,000
600,000
1,675,000
_
IOWA
14421
45,000
First National Bank in Cedar Falls
$55,000
KANSAS
14420
The Johnson
County National Bank and Trust Company, Johnson
County 2
.
200,000
MISSOURI
14408
500,000
Northwestern National Bank of St. Louis
NEVADA
14406
The Security National Bank of Reno
_
100,000
NEW HAMPSHIRE
14409
Peoples National Bank of Groveton......
25,000
25,000
WYOMING
14404
First National Bank at Thermopolis
50,000
Total United States (19 banks)
2,845,000
i With 13 other than local branches all located in the State of Alabama.
* Via Kansas City, Mo., post office.
80,000
67
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 13.—National banks for which increase of capital has been authorized
under act of 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. 81, 1989
Charter
No.
Title
Date
Preferred
increase
capital
Percent
of diviPar
dend
at to
value Sold
be
per
of
paid
shares share on the
par
value
ALABAMA
14414
State National Bank of Decatur
1989
M a y 29
$250,000
$10
$14
490
1938
Dec. 30
8,000,000
4
10
350
3 50,000
100
100
4
50
50
25
50
50
25
4
100
100
100
100
24 *
4
CALIFORNIA
9174
10391
The Anglo California National Bank of San
Francisco
_
1939
The United States National Bank of San Diego.. M a y 18
Total (2 banks).
_
_
_
8,050,000
ILLINOIS
1939
14407
14411
3781
M a r . 20
First National Bank in Greenville
M a r . 25
Elmhurst National Bank, Elmhurst- _
The Tazewell County National Bank of Delavan. J u l y 8
Total (3 banks)
50,000
100,000
3 10,000
2
160,000
IOWA
13849
1989
M a r . 20 \f 2 i315,000
15,000
The National Bank of Washington
MASSACHUSETTS
884
The" First National Bank of Gardner
1989
_ Oct. 16
3 200,000
100
100
1989
M a r . 14
220,000
20
20
1938
/
Dec. 30 \
123,000
3 2,000
50
50
3H
40
16
100
15
40
16
100
40
3
$1.60
MISSOURI
14408
Northwestern National Bank of St. Louis
N E W JERSEY
11727
5260
13174
12617
12397
8704
11620
The Hillside National Bank, Hillside...
The Rah way National Bank, Rah way
The Plainfleld National Bank, Plainfield
The Atco National Bank, Atco
The Franklin National Bank of Jersey City
First National Bank and Trust Company of
Beverly___
The First National Bank and Trust Company
of Roebling
}
1939
Mar.
Apr.
Apr.
May
15
11
13
27
300,000
250,000
2 3 15,000
56, 250
June 15
2 3 30,000
50
50
4
Sept. 18
3 25,000
100
100
4
175,000
8
8
1988
_. Dec. 13
2 3 25,000
20
20
4
1989
Oct. 10
3 25,000
100
100
4
Total (7 banks)
801, 250
N E W YORK
11603
The Peoples National Bank and Trust Company
of Lynbrook
1989
Mar. 9
3H
OHIO
14232
13905
First National Bank in Painesville
The Central National Bank of Cambridge
Total (2 banks)
See footnotes at end of table.
50,000
68
BEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 13.—National banks for which increase of capital has been authorized
under act of Mar. 9, 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. 81, 1939—Continued
Charter
No.
Title
Date
Preferred
increase
capital
Percent
of dividend
Par
value Sold at to be
paid
of
shares share on the
par
value
PENNSYLVANIA
1053
2563
8045
12526
3144
13030
8591
1988
Dec. 23
3 $75,000
$100
$100
3
1939
The First National Bank of Nuremburg
Feb. 28
The Farmers National Bank of Quarryville.
Mar. 15
The Cheltenham National Bank, Cheltenham... Mar. 20
The City National Bank of Susquehanna
Apr. 15
The Elkins Park National Bank, Elkins Park... Aug. 3
The Grange National Bank of McKean County
at Smethport
Sept. 20
i 15,000
3 25,000
2 3 20,000
3 25,000
8 25,000
25
100
10
100
100
25
100
10
100
100
3
4
3
4
3 25,000
100
100
3
350,000
100
100
3 15,000
3 50,000
10
100
10
100
The First National Bank of Susquehanna
2
210,000
Total (7 banks).
WASHINGTON
4668
The Old National Bank and Union Trust Company of Spokane
1989
Apr. 4
WISCONSIN
13904
14125
1989
Farmers-Merchants National Bank in Princeton. Jan. 14
Jan. 31
The Citizens National Bank of Marshfield
65,000
Total (2 banks)
10,461, 250
Total United States (29 banks)
i A.
3
4
2B.
3 Local.
TABLE N O . 14.—National banks chartered which are conversions of State banks
during the year ended Oct. 81, 1939
Charter
No.
14407
14408
14410
14411
14412
14413
14414
14415
14416
14417
14418
14419
14421
Title and location
First National Bank in Greenville
Northwestern National Bank of St.
Louis
The Highland National Bank, Highland
Elmhurst National Bank, Elmhurst
Monroe National Bank of Columbia
First National Bank in Fairbury
State National Bank of Decatur i__
Citizens National Bank of Macomb
Central National Bank of Mattoon
Farmers National Bank of Fairbury
Peoples National Bank of Kewanee
Mercantile National Bank of Chicago..
First National Bank in Cedar Falls
Total (13 banks).
i With 13 other than local branches.
a Includes $55,000 preferred capital stock.
State
111..
Mo.
111..
111.
111.
111..
Ala...
Ill
Ill
111
111
111.....
Iowa-
Approximate surDate of Authorized plus
and
charter
capital
undivided
profits
Approximate
assets
1989
Jan. 23
Feb. 1
Feb. 28
do
Apr. 8
Apr. 14
May 13
May 31
June 28
June 30
...do.—.
...do
July 22
$50,000
$27, 270
$1,258,745
500,000
325,307
8,053,313
75,000
250,000
50,000
50,000
250,000
100,000
100,000
50,000
100,000
600,000
2 100,000
66, 687
129, 998
22, 636
31, 735
60,130
31, 771
42,570
24, 299
160,511
521, 416
1,072, 301
3, 935, 958
802, 626
696,047
5,453,066
975,992
1,121, 460
f 723,051
3,747,768
16,981,048
1,496,290
1,477, 228
46, 317, 665
»2,275,000
TABLE NO. 15.—National banks by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year
ended Oct. 31, 1939
Organized
States
Number Authorized
Number Authorized
common with pre- preferred
ferred
chartered
capital
capital
stock
Maine _>
New Hampshire
Massachusetts - Connecticut
- . _ ___
New York
New Jersey
Pennsylvania._
Delaware
Total Eastern States
Capital
Assets
1
$25,000
1
$25,000
1
25, 000
1
25, 000
1
2 $50,000
$380,181
1
50,000
380,181
_
12
_._
2
525,000 1, 313,106
1
1
3 85,000
30, 000
1
525,000 1,313,106
279, 379
460,933
250,000
-~
. __
Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Number
_ _ _
Total New England States
Virginia
West Virginia
North Carolina
Georgia
Florida
Alabama
Mississippi
Texas
Arkansas
Kentucky
Voluntary liquidation
Failed
1
250,000
2
115,000
740, 312
.
._
12
1,675,000
Total Middle Western States
See footnotes at end of table.
1
1
45,666
500,000
1
55, 666
14
2,220, 000
1
55,000
Common
capital
Number
with preferred
stock
Preferred
capital
1
1
1
$38,000
25, 000
200,000
1
1
1
$32,000
25,000
250,000
Assets
$683,332
419, 913
4,065,984
3
263,000
3
307,000
5,169, 229
5
4
3
1
1, 620,000
606, 000
180,000
25,000
3
3
162,500
675,000
25,886,189
8,470,113
1,498,213
96,322
13
2,431,000
6
837, 500
35,950,837
1
1
1
1
100, 000
250,000
54, 000
30,000
1
1
1
150,000
46, 000
20,000
2, 591,412
7,161,470
650,740
422, 236
1
4
1
3
20,000
200,000
50,000
100,000
1
30,000
1
15,000
426,172
974,454
362,714
759, 711
13
804,000
5
261,000
13,348, 909
2
1
150,000
100,000
2,964,608
905, 522
310,153
25,000
28,500
75,000
25,000
50,000
12, 500
16, 500
* 55,000
1
1
2
1
1
1
1
1
148,911
510, 569
957,877
806, 774
683,001
1
55,000
310,153
9
453, 500
2
29,000
6,977, 262
- _
_
- - - -_ __ __ __
Number
TABLE N O . 15.—National banks by States and geographical divisions, organized, jailed, and reported in voluntary liquidation during the year
ended Oct. 81, 1989—Continued
Organized
States
Number
Number Authorized with pre- Authorized
preferred Number
ferred
chartered common
capital
capital
stock
North Dakota
South Dakota . _
Nebraska
Kansas
Wyoming
Oklahoma _
T o t a l W e s t e r n States._
1
1
$200,000
50, 000
2
250,000
Voluntary liquidation
Failed
Capital
Assets
Washington.
Oregon _ _ _ _ _ _ _ _
California
Idaho
Nevada
Arizona
1
2
__ _
I
Total Pacific States
1
100,000
19
2, 845, 000
Common
capital
1
3
1
1
1
2
$25,000
115,000
25, 000
150,000
50,000
75, 000
9
440,000
3
1
3
1
650,000
50,000
240,000
50,000
i
200,000
Number
with preferred
stock
Preferred
capital
Assets
30,000
$135, 544
1,139,306
343,324
2,416,663
924, 674
639,634
2
40,000
5, 599,145
1
10,000
I
1
$ib, 655
8, 718,004
1,389,908
5, 537,217
642,134
100, 000
Total United States
Previously reported in voluntary liquidation.
Includes $25,000 preferred capital stock.
Number
2
$80,000
6
$745,000 $2,743,752
6, 305, 245
9
1,190,000
1
10,000
22, 592,508
56
5, 581,500
19
1,484,500
89,637,890
3 Includes $25,000 preferred capital stock.
* Includes $30,000 preferred capital stock.
S
w
a
o
I
o
H3
W
o
a
o
*
71
REPORT OP THE COMPTROLLER OF THE CURRENCY
TABLE N O . 16.—Number and classification of national banks chartered monthly
during the year ended Oct. 31, 1939
Conversions
Reorganizations
Primary organizations
Total
Month
Number
November
December
January.
February
March
April
Number
1
.
1
3
$50,000
825,000
2
2
4
1
100,000
350,000
850,000
2100,000
13
2 2, 275,000
_.
May
June
July
August
September
October
Total.._
Capital
1 Includes $25,000 preferred capital stock.
2 I n c l u d e s $55,000 preferred capital stock.
3 I n c l u d e s $80,000 preferred capital s t o c k .
1
2
Capital
$50,000
Number
Capital
Capital
1
$50,000
2
$100, OOO
2
300,000
3
4
350,0001875,000*
100,000'
350,000/
850,000
2 300,000
3 2,925,000
i 50,000
1100,000
Number
1
200,000
2
2
4
2
4
550,000
19
TABLE No. 17
ASSETS AND LIABILITIES
OF NATIONAL BANKS ON DECEMBER 31. 1938; MARCH 29,
JUNE 30, AND OCTOBER 2, 1939, BY STATES AND
TERRITORIES
(In Thousands of Dollars)
73
REPORT OF THE COMPTROLLER OF THE CURRENCY
75
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939
ALABAMA
[In thousands of dollars]
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate..
-_.
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
_
Total assets.
Dec. 31,
1938
M a r . 29,
1939
J u n e 30,
1939
Oct. 2,
1939
66 b a n k s
66 b a n k s
67 b a n k s
67 b a n k s
88, 582
35
21, 077
8,938
26, 830
6,850
1,213
22, 209
4,737
55
19, 206
10, 026
26, 763
7,042
1,248
22, 457
5,906
95,461
37
18, 870
10, 234
27, 703
7,291
1,218
23, 276
5,004
84,821
119
19, 313
10, 822
28, 218
6,789
1,261
28, 302
5,148
49, 004
5,782
5,185
42,195
5,931
5,132
46, 416
5,331
5,050
56, 870
5,415
5, 065
1,121
180
1,127
229
1,122
166
1,112
221
566
1,342
567
1,213
640
892
469
243, 651
238, 905
248, 711
254, 944
94,127
66, 952
705
4,551
18,972
26, 866
1,393
218. 566
US, 580
100, 365
67, 728
680
4,518
15, 666
29,118
1,282
219,357
148,213
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities..
85, 480
63, 597
828
4,645
21, 937
26, 930
86, 428
62, 399
983
6,990
22,580
28, 722
1,635
209, 737
144, 377
65,860
187, 455
66, 768
182
229
368
248
172
352
396
83
205, 283
69,986
10
210, 707
166
359
306
173
214, 580
71, W
22
226
375
389
220, 458.
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock.
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
4,561
2,500
12, 612
19,678
8,427
2,793
2,051
4,390
2,500
12, 617
19,507
8,537
3,447
2,131
4,640
2,500
13, 317
20,457
8,819
3,129
1,726
4, 523
2,500
13, 318.
20,841
8,939
3,5761,630
32,944
33, 622
34,131
243, 651
238,905
248, 711
34, 486.
254, 944
11,146
8,720
8,395
9,714
11,400
11, 875
12,998
13, 033
306
318
440
445
235
22, 852
20, 913
21, 833
23, 427
23, 801
21, 513
19, 811
20, 515
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
.
Securities loaned
Total
...
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total
2C 5927—40
6
23, 801
21, 513
10
22
19, 821
20, 537
76
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call
ended Oct. 31, 1939—Continued
year
ALASKA
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
4 banks
4 banks
4 banks
4 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks.._
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures.
Real estate owned other than bank premisesOther assets
Total assets.
2, 738
4
1,263
21
117
647
2
2,706
12
1,263
21
113
598
1
61
2.773
177
3
150
3,737
172
3
295
8,391
8,439
8,579
9,587
4,468
2,444
54
319
167
63
112
7,627
5,129
2,498
3
3,992
2,537
49
480
475
41
85
7,659
4,973
2,686
4,066
2,222
55
355
880
47
139
7,764
5,037
2 727
5,209
2,307
90
317
645
47
131
8,746
5,994
2,752
7,630
7,659
7,772
8,746
275
342
44
100
275
343
275
400
72
275
390
116
60
761
780
807
841
8,391
8,439
8,579
9,587
704
887
817
835
142
284
280
846
1,171
2
1,143
47
176
646
2
738
54
175
634
2
654
3,032
175
3,047
177
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)---.
Total deposits
Demand deposits
Time deposits
_._.
Other liabilities
Total liabilities..
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts.
100
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Total .
Secured liabilities: Deposits secured by pledged assets"pursuant
to requirements of law
Total.
859
1,051
690
1,051
276
1,111
975
859
REPORT OP THE COMPTROLLER OF THE CURRENCY
77
Assets and liabilities of national banks, by States, at date of each call during yeaf
ended Oct. 31, 1989—Continued
ARIZONA
[In thousands of dollars]
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
.
Other assets
Total assets
Dec. 31,
1938
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
5 banks
5 banks
5 banks
5 banks
22,985
16
10,796
4,854
1,613
3,799
116
5,793
1,586
22,217
24
9,541
5,413
2,295
3,414
117
5,561
1,682
22,444
19
8,737
5,612
1,888
3,135
117
5,484
1,638
23,975
41
6,552
5,124
2,824
1,891
118
5,444
1,469
13,227
1,435
253
13,029
1,451
14,063
1,447
223
13,193
1,455
213
150
125
108
150
83
122
97
65, 339
65,190
62, 643
31, 528
14,951
46
131
11, 505
2,405
979
61,545
46,413
15,132
30, 643
15,560
46
150
10, 756
1,854
790
59 799
44,057
15,742
30, 605
15, 829
26
149
10, 268
1,773
754
59, 404
43,390
16,014
30, 509
15,104
26
216
8,607
1,665
698
56,825
41,558
15,267
286
52
22
324
129
37
364
142
194
390
180
148
61,905
60, 289
60,104
57, 543
1,215
1,325
2,540
1,260
689
488
1,209
1,325
2,534
1,270
805
441
1,209
1,325
2,534
1,271
763
518
1,203
1,325
2,528
1,281
815
476
65,190
62,643
10, 424
9,165
2,375
2,081
200
162
47
•___
250
175
LIABILITIES
Demand deposits of individuals, partnerships, and corporations..
Time deposits of individuals, partnerships, and corporations-..
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)__
Total deposits
Demand deposits
Time deposits
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities..
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
4,977
.
5,050
65,339
5,100
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities. _
Total .
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total..
11,117
2,747
2,701
85
85
13,949
12,675
12,799
11,246
11,821
11,107
10,692
9,044
11,821
11,107
10,692
9,044
78
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
ARKANSAS
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oot. 2,
1939
50 banks 49 banks 49 banks 49 banks
ASSETS
Loans and discounts
-Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
--Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
*.
Other assets
Total assets
_
40,180
43
11,090
3,938
14,133
4,582
492
12,003
2,230
38, 639
71
9,688
3,589
14, 328
4,428
492
12,958
2,453
38,126
49
9,236
3,066
14,427
4,196
483
13,975
2,171
35, 776
52'
10,983
2,573
14,394
4,012"
476
14,902'
2,454
23, 684
1,908
22,915
1,901
675
28,159
1,880
634
35, 576
1,896
24
66
65
12*
135
184
112,492
154
160
151
185>
116,782
124,116
45,986
26, 507
232
866
13, 314
15.464
782
103,151
75,860
27,291
50.155
26,489'
114
844
11,765
20, 241
788110,396
83,489
26,907
125
164
115,292
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
-.
Deposits of il. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid-.
Other liabilities
Total liabilities
Capital stock:
.
47, 853
26, 458
9,600
15,361
1,317
102, 081
74, 510
27,571
45, 679
26,088
475
928
11,110
13,943
687
98,910
71,868
27,042
45
225
7
12
41
91
170
44
131
108
121
132
102,435
99,411
103,675
1,003
255
5,148
925
255
5,121
6,301
163
12*
112
142
4
110,6
CAPITAL ACCOUNTS
Class A preferred stock
Class B preferred stock
Common stock
_
Total capital stock
_
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts..
Total liabilities and capital accounts
__
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
6,406
3,702
2, 335
414
Total
837"
255
5,171
6,2633,833
2,820
534
13,450'
12,857
13,081
13,107
115,292
112,492
116, 782
124,116
4,650
4,895
4,155
4,479'
1,235
1,363
970-
6,130
5,518
5,449
4,804
4,510
4,532
45
225
163
4,849
4,735
4,695
Total..
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
3,757
2,597
426
893
255
5,121
6,269
3,802
2,541
495
4.669
REPORT OF THE COMPTROLLER OF THE CURRENCY
79
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1989—Continued
CALIFORNIA
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
102 banks 101 banks 101 banks 100 banks
ASSETS
1,256,970 1, 252,930 1, 259,622 1,263,303
Loans and discounts
1,453
1,500
1,847
Overdrafts
1,866
710, 534 672,153
649, 975
U. S. Government securities, direct obligations
628,483
142, 410
131, 637
184, 523
Obligations guaranteed by U. S. Government
201,601
205,309
209,948
253,151
Obligations of States and political subdivisions
246,756
68,041
69,846
63, 344
Other bonds, notes, and debentures
61,922
15, 444
16,919
Corporate stocks, including stock of Federal Reserve bank
16, 480
16,343
357,186
334, 791 351, 472
Reserve with Federal Reserve bank
383,244
34, 565
32.848
Currency and coin
37, 226
31,235
Balances with other banks, and cash items in process of collec249,884
291,313
261,967
tion
293,001
69, 507
68,965
68,143
B ank premises owned, furniture and fixtures
68,020
15, 598
15.849
16, 219
Real estate owned other than bank premises
16,146
Investments and other assets indirectly representing bank prem34, 732
34,167
32,956
ises or other real estate
32,178
3,679
4,300
4,197
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
9,183
10,407
8,739
but not collected
_
10,105
4,137
4,363
3,319
Other assets
__
4,117
Total assets
_
3, 211,140 3,119,428 3, 213,180 3,261,409
LIABILITIES
Demand deposits of individuals, partnerships, and corporations - 980, 581 930,968 990, 555 1,077,062
Time deposits of individuals, partnerships, and corporations... 1,313, 265 1,315, 362 1,328, 269 1,335, 594
7,215
7,060
7,069
2,049
Postal savings deposits
97,030
95, 413
91, 542
Deposits of U. S. Government
91,778
312,127 264, 202
279, 053
Deposits of States and political subdivisions
225,354
168,801
174,899
168,440
Deposits of banks
182,864
25,863
34, 716
33, 577
Other deposits (certified and cashiers' checks, etc.)
32,198
Total deposits
Demand deposits
Time deposits
512,235 2,807,669
_. 1,398,478 1,330,254
1,518, 7571,477,415
2,906,103 2,946,899
1,397,280 1,478,244
1,508,823 1,468,655
Bills payable, rediscounts, and other liabilities for borrowed
135
158
145
111
money
5
5
Mortgages or other liens on bank premises and other real estate..
Acceptances executed by or for account of reporting banks and
4,059
5,100
3,854
outstanding
Interest, discount, rent, and other income collected but not
6,884
8,033
6,198
8,235
earned.
8,784
4,421
4,217
9,834
Interest, taxes, and other expenses accrued and unpaid..
6,787
11, 558
8,651
Other liabilities
_
2,933, 631 2,839, 751 2,930,675 2,977, 589
Total liabilities.
Capital stock:
CAPITAL ACCOUNTS
Preferred stock
Common stock
Total capital stock
Surplus
_._
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts.
19,973
116, 717
136,690
90,015
39, 705
16,095
282, 505
19,315
116,689
136,004
91,671
36, 278
19,867283,820
3, 211,140 3,119,428 3,213,180
3,261,409
20, 514
116,438
136,952
88,056
37, 548
14,953
277, 509
20,427
116,444
136,871
89,121
37,120
16, 565
279, 677
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
._
_.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Other liabilities secured by pledged assets
Total
385,578
358,059
359,434
283,550
144,450
124, 303
139,881
154,902
7,842
537,870
7,573
489,935
7,684
506,999
7,656
446,108
457, 746
410, 837
421, 755
364,428
135
750
458,631
133
750
411,720
145
750
422, 650
100
750
365, 278
80
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. SI, 1939—Continued
COLORADO
fin thousands of dollars]
Dec. 31,
Mar. 29,
June 30,
Oct. 2,
1938
1939
1939
1939
78 banks 78 banks 78 banks 78 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations—
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
_•
Bank premises owned, furniture and fixtures_.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued but not collected
Other assets
Total assets
13,510
696
41, 229
4,748
62,789
19
56,344
8,286
12,100
14,282
694
42, 635
5,110
64, 639
28
56,065
9,529
11, 298
14,183
690
42, 610
4,854
65,15$
33
57,494
9,092
11,560
13,488
694
45, 571
4,450
87,810
3,240
300
83, 818
3,214
318
88,177
3,165
364
101,182
3,142
345
65, 671
20
57, 587
7,089
12, 253
225
225
187
187
387
170
458
405
365
132
430
209
294,935
290, 697
296,
288
313,033
137,938
68, 245
168
559
13, 258
44, 373
2,784
267,325
195,798
71,527
128,101
136, 733
68, 912
143
1,211
13, 582
43,465
3, 806
267, 852
195, 676
72,176
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations.-.
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
_
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
.
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities-__
CAPITAL
Capital stock:
ACCOUNTS
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
_
Total liabilities and capital accounts
1,121
17, 691
44, 715
1,998
868, 674
190,532
72,142
145, 668
69,915
140
1,136
15, 511
49, 767
2, 456
284, 59$
211,410
73,18$
185
12
84
119
560
81
131
692
104
144
641
40
155
612
268,270
263,613
8,761
285,399
1,771
9,442
11, 215
8,848
4,410
2,194
1,613
9,471
11,084
1,596
9,488
11,084.
8,959
4,861
2,621
27, 525
1,409
9,589
10,998
9,030
4.983
2,623
27, 634
26, 665
8,874
4,745
2,381
27,084
294,935
290, 697
296, 286
313,033
15,113
17,839
17,959
17, 636
2,593
2,717
2,522
2,734
19, 791
20, 621
65
20, 546
70
20, 440
14,235
17, 557
15,262
17,671
139
12
17, 569
19
15,281
17,671
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
2,085
14,374
REPORT OF THE COMPTROLLER OF THE CURRENCY
81
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
CONNECTICUT
fin thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
54 banks 54 banks 53 banks 53 banks
ASSETS
Loans and discounts
Overdrafts
_
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
.
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets..
___
_
Total assets.
94,534
14
65,196
8,462
21,193
21, 755
1,396
28, 216
7,190
95, 311
20
61, 309
11,822
28, 363
20, 544
1,407
33, 218
7,570
97,155
19
49, 385
10, 745
26,952
19, 767
1,371
34,507
6,174
97,249
28
60,300
13, 346
27. 596
18,880
1,35$
34,925
7, 266
65,107
11,402
1,632
50,890
11, 386
1,687
70, 987
11, 334
1,604
68,435
11, 324
148£
20
28
29
20
430
472
327, 027
459
227
324, 309
29
27
468
330, 822
154,962
86, 397
766
3,561
19, 224
13,839
5,239
983, 988
195,071
88,917
150, 548
87, 553
770
3,922
19, 050
15,107
3,916
280,866
190,504
90,862
153,011
87,912
164
3,914
21,673
15, 111
5,394
287,209
196, 972
90, 287
428
209
342,883
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations._.
Postal savings deposits
Deposits of tT. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities.
Total liabilities_
40
165,164
87,890
164
3,891
19, 537
17, 587
4,936
299,169
209,858
89, 811
150
20
28
27
404
886
319
285, 617
433
888
243
282, 498
489
805
350
20
502
685
173
300. e
3, 530
1,097
16, 964
21,591
13,532
4,872
1,415
41,410
327,027
3,460
1,097
16,989
21,546
13, 595
5, 284
1,386
41,811
324, 309
3,374
1,097
17,090
21,561
13,786
4,999
1,596
41,942
330, 822
3,360
1,097
17,090
21,547
13,857
5,120
1,660
42,184
342,883
11, 716
12, 613
10, 2S9
10, 739
7,026
6,416
7,123
7,172
1,042
19, 784
943
19, 972
925
18,337 1
18,793
14, 387
13, 467
13,151
15, 568
14, 387
40
13, 507
13,151
150
15, 718
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
__
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
_
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,.
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities.._
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements.._
Total
82
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1989—Continued
DELAWARE
[In thousands of dollars]
Dec. 31, Mar. 29, June 30,
1938
1939
1939
Oct. 2,
1939
16 banks 15 banks 15 banks 15 banks
ASSETS
Loans and discounts _.
.
__
Overdrafts
XJ. S. Government securities, direct obligations
_
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
_
_.
Other bonds, notes and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
8,132
1
2,077
358
840
6,412
190
1,958
461
8,331
1
2,106
357
842
6,037
181
1,711
492
8,286
8,076
2,063
344
792
5,734
180
1,624
390
2,133
352
807
5,475
181
1,860
456
1,811
801
300
1,572
792
297
2,564
791
275
3,077
793
303
20
10
10
7
17
8
23,386
1
8
22,738
10
7
23,070
1
8
23, 529
7,892
8,807
176
274
310
271
200
17,930
8,705
9,225
7,540
8,638
182
231
372
239
99
17,301
8,338
8,963
8,063
8,623
169
225
156
265
164
17,665
8,772
8,893
8,285
8,547
104
301
363
330
147
18,077
9,326
8,751
125
80
1
38
18,094
2
24
17,407
4
33
17, 702
1
3
12
18,093
178
10
1,709
1,897
2,509
790
96
5,292
23,386
174
10
1,693
1,877
2,506
846
102
5,331
22, 738
174
10
1,688
1,872
2,510
856
130
5,368
23,070
171
10
1,695
1,876
2,511
915
134
5,436
23,529
662
568
525
497
313
378
389
408
10
5
5
5
985
951
919
910
691
619
663
689
125
80
816
699
663
689
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of XJ S Government
Deposits of States and political subdivisions
Deposits
of banks
Other deposits
(certified and cashiers' checks, etc.) _ _ __. _
TotalDemand
depositsdeposits
Time deposits
_
_
Bills payable, rediscounts, and other liabilities for borrowed
money discount,
.
Interest,
rent, and other income collected but not
earned
_
Interest, taxes, and other expenses accrued and unpaid..
Other liabilities
Total liabilities
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock ._
Class B preferred stock
Common stock
Total capital stock
Surplus...
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts—
Total liabilities and capital accounts
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities.
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
_
Assets pledged to qualify for exercise offiduciaryor corporate powers, and for purposes other than to secure liabilitiesTotal..
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
__ _
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1989—Continued
DISTRICT OF COLUMBIA
[In thousands of dollars]
Dec. 31,
M a r . 29,
1939
J u n e 30,
1939
Oct. 2,
1939
9 banks
9 banks
9 banks
9 banks
44,799
11
56, 283
14, 595
913
8,798
697
37,443
6,165
45, 885
16
55, 242
15, 841
952
10, 290
696
40,123
7,450
47,151
17
49, 252
17, 208
1,113
10,485
697
33, 613
4,984
48,61&
10
48, 745
18,9521,257
10, 305
714
48,109
6,007
41, 540
7,116
920
35, 662
7,115
913
29
35, 574
7,127
912
38, 936
7,137
753
118
182
134
168
102
144
230
258
219, 606
220, 516
208, 406
230, 035
122, 541
45, 718
300
1,737
103
26, 025
2, 555
198,979
152, 746
121, 772
46,992
300
1,189
54
106, 367
45,983
300
1,189
49
28,679
4,360
186,927
140,154
46, 773
126,063
47, 42$
200'
1,164
94
31, 741
1,954
208,642
160, 601
48,04I
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
_.
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
.
27,150
2.427
199,884
152, S02
47,582
26
29
27
105
245
159
115
329
155
122
264
286
121
126
253
199, 514
200, 512
187, 626
209,148
1,325
7,650
8,975
5, 851
4,704
562
1,207
7,650
8,857
5,902
4,582
663
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
___
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
1,180
7,650
8,830
6, 015
5,101
1,180
7,650s
8,830
6, 565
4,730
762
20, 092
20, 004
20, 780
20, 887
219,606
220, 516
208, 406
230, 035
13, 044
11, 591
11, 982
159
228
205
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise offiduciaryor corporate powers, and for purposes other than to secure
liabilities
_.
Total
Secured liabilities: Deposits secured by pledged assets pursuant to requirements of law
Total
2,286
2,142
2,176
15, 489
13, 961
14, 363
10,009
8,463
9,181
10, 009
8,463
9,181
84
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
FLORIDA
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
53 banks 52 banks 52 banks 52 banks
ASSETS
Loans and discounts
_.Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
__
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
__
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
_.
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
_..Total assets
__
65,189
7
63, 281
24,860
17,487
11, 559
1,160
29, 696
7,483
59, 549
8
64,193
29,994
19, 704
13, 511
915
35,975
9,173
58, 616
5
61,935
28,197
19, 698
11, 682
870
35,888
6,454
63,350
26
58,609
24,947
23, 560
11, 520
877
30, 563
7,134
67,160
7,233
1,040
100, 767
7,216
1,017
98,324
7,275
1,234
79, 527
7,267
1,251
1,515
19
1,456
1
1,360
703
353
344, 612
625
282
332, 542
730
644
311, 365
154, 697
146, 815
51,966
145
7,023
32,952
61, 293
2,134
802,328
244,561
57,767
135, 591
51, 880
115
6,973
30,244
52, 605
3,482
280, 890
223,785
57,105
297,669
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations.,.
Postal savings deposits
Deposits of U. S. Government
__.
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
_.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities....
Total liabilities
129, 384
47,087
338
8,177
34, 965
45,946
268,505
215,438
58, 067
160
7,469
38,875
62, 386
2,352
314,833
260,199
50
19
290
110
229
269,193
299
233
181
315, 565
213
269
303,100
316
273
250
281, 729
14, 687
15,569
8,497
2,906
1,504
28, 476
297, 669
632
14, 764
15,396
8,755
3,369
1,527
29, 047
344, 612
582
14, 764
15,346
9,187
3,091
1,818
29, 442
332, 542
472
14, 781
15,253
9,369
3,132
_Ji882
29, 636
311, 365
50, 546
51,682
46, 442
44, 741
8,744
6,942
3,217
50
62, 557
2,947
50
61. 621
3,287
50
59,475
47,122
48,154
4
48,158
43, 391
40,348
43,391
40, 348
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
_
Common stock
Total capital stock
._
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts.
._.
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Securities loaned
_
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Other liabilities secured by pledged assets
TotaL
47,151
10, 649
2,991
50
58, 431
REPORT OF THE COMPTROLLER OF THE CURRENCY
85
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
GEORGIA
[In thousands of dollars]
Dec. 31, Mar. 29, June 30, Oct. 2,
1939
1938
1939
1939
53 banks 52 banks 52 banks 52 banks
ASSETS
Loans and discounts
_
Overdrafts
._.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
__.
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
_
Total assets..
131,414
78
37,073
10, 228
13, 389
11,177
1,281
39,817
4,812
128,868
93
40, 604
13, 876
16, 516
11, 782
1,288
37,809
5,707
132, 509
88
39, 559
13,832
17,064
11,463
1,279
40,189
4,416
120, 588
193
45,177
12,851
17, 215
12,046
1,243
47, 507
4,645
61,409
9,010
1,123
60, 220
9,100
1,062
68,807
9,012
932
90, 234
8,991
856
23
61
23
58
23
31
576
316
321,761
691
491
328,191
711
364
340,287
465
1,093
363,158
123, 325
64, 534
486
12,018
18, 718
63,460
4,082
286,623
220,615
130, 546 137, 728
64, 530
66,009
487
497
12, 323
12,035
21,592
17,860
66,114
64, 665
833
1,815
292,693 804, Ski
226, 788 236,976
65,905
67,365
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
_.
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate-.
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities _
Capital stock:
18
5
149,452
65,490
1,086
11,465
16,054
82, 350
1,298
827,195
259,572
67,628
1
5
39
58
288, 435
877
415
356
294,411
258
909
306, 408
913
509
73
328, 727
1,016
25
16, 711
17, 752
9,121
3,684
2,769
33, 326
912
25
16, 700
17,637
9,167
4,186
2,790
33, 780
902
25
16, 710
17,637
9,294
4,098
2,850
33, 879
854
25
16,752
17,631
9,311
4,587
2,902
34,431
321, 761
328,191
340, 287
363,158
37, 024
23,974
23,609
22,976
7, 631
7,898
8,401
9,197
57
44, 712
45
31,917
27
32, 037
28
32,199
27, 566
27,922
29,448
26, 295
27,922
17
29, 465
26, 295
CAPITAL ACCOUNTS
Class A preferred stock
_
Class B preferred stock
_
__
Common stock
Total capital stockSurplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts—
Total liabilities and capital accounts.
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities. _
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law..
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
27, 566
86
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1989—Continued
THE TERRITORY OF HAWAII
I In thousands of dollars]
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures.^
Corporate stocks, including stock of Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and
fixtures
_
Real estate owned other than bank premises
_.
Customers' liability on acceptances outstanding._
Interest, commissions, rent, and other income earned or accrued
but not collected
_
_
Other assets
_
_
Total assets.
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
lbank
1 bank
lbank
lbank
16,735
17
13,850
17,124
8
13,858
2,507
6,834
18
3,229
2,254
5,397
59
3,345
17,294
18
14,170
525
2,885
4,538
59
2,995
17,818
18
14,170
525
2,460
4,295
33
3,113
7,385
1,490
26
10
5,001
1,493
25
13
7,221
1,473
20
1
5,084
1,475
16
1
164
121
230
1.237
158
34
239
52,386
50,044
51,391
49,913
12,864
13,707
20,791
606
2,277
5,369
1,102
757
44,609
23,065
21,544
13, 838
20, 619
614
2,038
3,578
1,267
1,004
LIABILITIES
Demand deposits of individuals, partnerships, and corporations..
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
__.
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
_.
Other liabilities...
Total liabilities.
14,744
20,460
595
2,363
6,036
1,396
482
46,076
24, 856
21,220
20, 092
606
3,121
5,316
1,096
353
43,448
22,624
42,958
21,579
21,379
1
10
12
12
87
85
46,168
43, 549
44, 700
43,143
3,350
1,846
172
850
3,350
1,850
311
3,350
1,850
186
1,305
3,350
1,920
195
1,305
CAPITAL ACCOUNTS
Capital stock: Common stockSurplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts.
6,218
6,495
6,691
6,770
52,386
50,044
51,391
49,913
10,063
11, 598
11,836
11,836
965
961
379
379
11,028
12,559
12, 215
12,215
8,994
9,043
8,252
6,229
8,994
9,043
8,252
6,229
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities...
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Total.
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total _
KEPOBT OF THE COMPTROLLER OF THE CURRENCY
87
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939— Continued
IDAHO
[In thousands of dollars]
Dec. 31,
1938
Mar. 29, June 30,
1939
Oct. 2,
1939
20 banks 19 banks 18 banks 18 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Keserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
13,911
6
12,978
2,739
3,723
962
107
4,950
1,409
13,676
12
13, 707
1,879
3,197
976
111
5,240
. 1,395
13,641
18
14,140
1,155
3,441
861
109
4,499
1,374
15, 534
19
13, 529
1,002
3,289
929
112
4,701
1,140
9,911
1,041
5
9,058
1,035
11
10,045
1,013
11, 781
1,015
7
60
5
63
40
45
51,802
50, 365
50, 345
53,106
21,985
14,518
224
76
8,796
1,258
331
47,188
32,406
14,782
21, 256
14, 707
225
53
7,636
1,528
248
45,653
30,679
14,974
21, 272
14, 677
220
51
7,952
1,227
211
45,610
SO, 669
U,941
25,588
14,767
220
60
6,239
1,205
226
48,305
S3,271
15,034
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Interest, discount, rent, and other income collected but not
earned
_.
Interest, taxes, and other expenses accrued and unpaid
_.
Other liabilities
Total liabilities
20
20
47, 281
45, 736
45, 703
48, 345
1,770
2,658
889
591
383
1,873
2,752
883
771
223
875
1,827
2,702
910
771
259
843
1,859
2,702
920
882
257
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
_
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
_
Total liabilities and capital accounts
4, 521
4,629
4,642
4,761
51,802
50,365
50, 345
53,106
—
—
12, 356
9,910
9,656
9,570
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement.
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total..
1,618
1,591
1,512
1,464
13,974
11, 501
11,168
11,034
8,358
7,563
7,797
6,294
7,797
6,294
5
8,358
7,568
88
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. SI, 1939— Continued
ILLINOIS
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
316 banks 320 banks 324 banks 327 banks
ASSETS
620,678 638, 794 650,467
Loans and discounts
672,100231
101
244
Overdrafts
-.
249*
1,033,110 1,023,330 1,068,066 1,043, 77Q
U. S. Government securities, direct obligations
136,152
133,409
154, 229
Obligations guaranteed by U. S. Government
174, 714
108, 562 119,140
116,898
Obligations of States and political subdivisions.._
116,401
149,966
139,857
138,690
Other bonds, notes, and debentures
134,43930, 750
30,028
30,004
Corporate stocks, including stock of Federal Reserve bank
30, 262
807, 475 644,312
990,317
Reserve with Federal Reserve bank._.
_
46, 208
35,939
49, 727
Currency and coin
_.
37,883
Balances with other banks, and cash items in process of collec447, 615 376,822 452, 264
479, 761
tion32,852
32, 884
32,828
Bank premises owned, furniture and fixtures.
32,7067,643
Real estate owned other than bank premises
7,357
6,854
6,610
Investments and other assets indirectly representing bank
1,662
1,622
1,636
premises or other real estate
_.
1,585
2,410
2,188
Customers' liability on acceptances outstanding
2,246
2,434
Interest, commissions, rent, and other income earned or accrued
7,463
9,068
7,059
but not collected
..
_.
8,831
7,137
7,567
6,851
7, 445
Other assets
3,439, 784 3, 202, 548 3, 545, 213 3, 751, 351
Total assets.
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate.
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid.
Other liabilities.
Total liabilities..
1, 582,
594,
81,
244,
31.
s, 142,
2,520,
1, 216, 053 1, 552, 253 1, 637,814
602, 375 625,651
630,725
921
854
768
81, 219
57, 588
60,819
204, 214 282,474
285,149
763,974 690,054
790,971
23, 482
28, 258
27, 791
2, 897,0143,232, 356 3, 43A, 035
2,260, 6312, 567,447 2, 757,980
636, 383
676,055
135
2,569
2,311
2,419
2,909
1,952
1,631
1,863
2,088
7,450
7,210
10,006
9,048
1,924
1,185
1,590
273
3,155, 657 2,912,876 3, 245,910 3, 448,357
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock..
Surplus
.._
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
_
T otal liabilities and capital accounts
31, 556
31,477
146
146
120,902 121,744
152, 604 158,367
78, 435
78,963
30,089
33,832
22,999
23,510
284,127
289,672
31,453
146
122,052
153,651
79, 530
40,856
25, 266
31, 308
146
122,925
154,379
81,839
40, 848
25,928
299,303
302,994
3,439,784 3,202, 548 3, 545, 213
3,751, 351
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Securities loanedTotal .
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
_
Total
307, 753
241,716
249,700
239, 772
6,244
6,234
6,211
8,502
9,855
14, 587
338,439
10, 266
4,163
262,379
10,274
2,310
268,495
10, 633
4,237
263,144
340, 501
340, 501
240,491
240,491
242,783
242, 783
238,397
238, 397
REPORT OF THE COMPTROLLER OF THE CURRENCY
89
and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1989—Continued
INDIANA
[In thousands of dollars]
Dec. 31,
1938
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
127 banks 126 banks 126 banks 125 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets...
_.
Total assets
_
Ill, 678
23
141,179
20, 293
27,841
37, 545
1,420
52, 310
12,963
117, 478
35
141, 832
21,076
28,909
37, 588
1,496
58,202
13, 551
122, 478
18
140,496
27, 768
29, 233
36, 777
1,394
58, 321
12,139
123, 527
33
130, 425
27,794
31,019
35, 962
1,388
63,161
12, 590
105,856
11, 322
1,198
97,160
11, 265
1,095
108,941
11,120
933
114,745
11,103
764
61
16
29
18
28
37
28
23
519
342
920
292
601
552
593
506
524, 566
530, 946
550,836
553, 661
140,490
1,616
14,308
55, 379
56,172
5,300
4.72,251
322,257
149, 994
203, 784
141, 223
1,537
14,017
55, 355
58,095
3,768
477,779
326, 933
150, 846
210,156
145, 237
1,429
14,129
63, 675
57,281
4,974
496,881
341,250
155,631
222, 875
145, 628
1,304
13,944
49,779
61, 507
4,356
499,393
343,375
156,018
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid._
Other liabilities
__.
Total liabilities
16
18
37
23
312
663
307
347
521
219
379
661
296
407
520
150
473,549
478,884
498, 254
500, 493
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
__.
_.
Total capital accounts
Total liabilities and capital accounts
4,160
865
19,715
24, 740
3,924
843
19,975
24, 742
3,896
843
19,998
24,737
3,773
843
20,019
15,197
7,377
3, 703
15,052
8, 578
3,690
15, 230
8,093
4,522
15, 265
8,769
4.499
51,017
52,062
52, 582
53,168
524, 566
530,946
550,836
553, 661
24,167
24,186
23,965
23, 409
1,179
1,202
1,177
1,094
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities.
Total.
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law..
_
Total
158
92
147
139
25, 504
25,480
25, 289
24, 642
20, 537
20,272
19,994
19,835
20, 537
20, 272
19,994
19,835
90
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
IOWA
[In thousands of dollars]
Dec. 31,
1938
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
109 banks 109 banks 109 banks 109 banks
ASSETS
Loans and discounts
-.
Overdrafts
U. S. Government securities, direct obligations—
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions—
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection Bank premises owned, furniture and
fixtures_
_.
_.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
_
_.
Other assets
_
_
Total assets .
82, 567
28
38,123
11, 220
29, 229
9,120
637
28,403
4,988
53
35, 813
11, 734
30, 298
8,850
626
28, 534
6,115
96, 643
36
34,039
11,192
29, 730
8,516
626
27, 914
5,212
80,806
67
35,956
11, 468
30, 755
8,100
631
31,854
4,708
45,036
5,936
361
50, 781
5,933
356
41,175
5,878
294
72,437
5,927
296
26
24
28
30
26
18
26
22
376
298
439
190
496
156
410
151
256, 372
273, 369
261, 951
283, 614
101,397
61,132
223
2,241
25, 785
38, 732
2,439
231, 949
170,56 J,
103, 556
61, 656
217
2,323
37, 394
41, 235
2,057
H8,438
186, 537
61,901
102, 988
62,831
211
2,419
29, 955
36,447
1,879
236, 730
173,660
63,070
106, 679
62,835
191
2,255
29,979
54,131
1,797
257,867
194,827
63,040
LIABILITIES
Demand deposits of individuals, partnerships, and corporations..
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
_.
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
.._
Total liabilities..
61,385
42
22
24
228
147
41
230
210
68
271
127
28
293
185
232,431
248, 998
237,174
258, 373
2,754
38
2,707
52
10, 335
13,094
6,913
3,017
1,347
2,653
52
10, 339
13,044
7,074
3,228
1,431
2,633
77
10,383
13, 093
7,107
3,471
1,570
23, 941
24, 371
24, 777
25, 241
256,372
273, 369
261,951
283, 614
8,457
8,765
8,921
8,728
907
816
26
38
9,390
9,619
9,758
9,679
5,941
6,744
6,994
6,292
42
5,983
22
6, 766 I
6,994
6,292
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
__
Total capital stock
.
Surplus
Undivided profits,
Reserves and retirement account for preferred stock.
Total capital accounts.
.-.
Total liabilities and capital accounts.
10, 273
13,065
6,909
2,617
1,350
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
..
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities...
Total .
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total
916
35
REPORT OF THE COMPTROLLER OF THE CURRENCY
91
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
KANSAS
[In thousands of dollars]
Dec. 31,
1938
M a r . 29,
1939
Juno 30,
1939
Oct. 2,
1939
182
banks
182
banks
182
banks
banks
183
ASSETS
Loans and discounts.^
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
64,913
44
46,561
15, 379
17, 961
6,265
693
29,227
3,734
64, 226
198
41,803
16,696
18,436
6,508
691
30, 231
4, 250
86,832
57
39, 281
15,966
19,438
6.923
693
29, 142
3,859
73,222
56
35. 697
14, 692
19,143
6,320
700
32,730
3,24.8
65,424
5,919
58, 299
5,863
74,468
5,833
651
74, 567
6,127
158
158
121
311
267, 730
124,438
36, 424
227
5,210
35, 788
34,857
2,000
238,944
201,156
37,788
130
131
130
116
257, 239
248, 310
156
190
263, 647
111,356
35, 621
296
4,999
45,122
30,057
2,510
107,969
35, 640
300
5,295
39, 405
29,594
2,343
220,546
183, 560
36,986
116,332
36, 060
248
5,378
42, 318
33, 023
2,182
235, 541
198,167
37,374
22
39
15
71
15
117
175
147
230,422
157
196
103
221,056
176
186
179
236,168
1,483
137
13,298
14,918
7,065
4,209
625
26,817
1,402
137
13,369
14,908
7,130
4,591
625
27, 254
1, 388
137
13,367
14,892
7,318
4,572
697
27, 479
28,236
257,239
248, 310
263, 647
267, 730
30, 023
28,300
8,827
8,407
8,801
824
837
708
39,674
752
300
37, 759
38, 304
36,753
45,100
41, 307
43,564
38,846
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government._
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate.
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
.
Total liabilities..
229, 961
255
91
239,494
CAPTTAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
1,339
137
13, 626
15,102
7, 403
5,050
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities..
Securities loaned
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
_.
205927—40
7
22
45,122
27,096
15
41, 346
43,579
38,846
92
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
KENTUCKY
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
98 banks 97 banks 96 banks 95 banks
ASSETS
Loans and discounts
--Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collectionBank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected.
Other assets
Total assetsDemand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations.-.
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate.
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
„_.
Total liabilities..
99,248
33
46,917
9,855
12,418
15,146
1,216
28, 252
5,312
93, 584
53
43, 252
11,058
11,550
15,454
1,110
30,657
5,880
93, 223
59
42, 298
11,094
11, 584
16,453
1,113
29, 258
4,934
97,980
67
31, 297
10,379
12, 379"
13, 675
1,105
34,1691
4,966
56,736
4,006
1,172
65,076
4,040
1,126
61,763
4,496
1,088
68, 539
4,476
1,035
570
550
391
266
390
233
385
226
263"
281, 538
284,013
277,982
280, 695
120,435
70,136
513
2,934
11, 701
42,380
1,984
250,083
178,481
71,652
115, 318
69,927
422
3,045
12, 596
49,604
1,480
252,392
180,929
7U 463
107,271
70,101
390
2,775
10,806
47, 774
7,097
246,214
174, 566
71, 648
117,174
68,958
382
2, 739
9,665
48,075
1,580*
248,573178,177
70,39&
276
6
10
44
248
325
233
298
338
52
304
413
279
319438
71
251,211
253, 090
247, 254
249, 649-
2,191
535
11,167
13,893
11, 828
3,457
1,149
30, 327
2,086
535
11, 205
13,826
11, 885
4,102
1,110
1,935
535
11,196
13,666
12,102
3,675
1,285
30, 728
1,777
535
11,190
13, 50%
12,167
4,120
1,257
31,046"
281, 538
284, 013
277, 982
280, 695
11,819
9,995
9,227
9,155
3,479
3,137
2,919
3, 496
311
15, 609
319
13,451
12, 435
228
12, 879*
14, 074
12, 297
11,137
10, 564
276
6
14, 356
10
66
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivded profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts.
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
__.
Other liabilities secured by pledged assets
Total
12, 307
160
11,137
10, 724
REPOKT OF THE COMPTROLLER OF THE CURRENCY
93
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
LOUISIANA
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
30 banks 30 banks 30 banks 30 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligationsObligations guaranteed by U. S. Government-.
Obligations of States and political subdivisionsOther bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and
fixtures
...
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding...
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
113,447
102
67,969
23, 244
30,427
4,751
1,419
43,415
4,666
107, 651
114
60, 541
30, 961
28,405
5,045
1,416
45, 737
5,148
106,091
85
73, 057
6,986
1,578
82,665
7,034
1,430
94,891
1,321
107,026
6,911
1,292
145
597
247
431
190
554
202
616
1,229
891
373, 923
1,142
378,851
1,316
864
382, 776
1,081
1,126
403, 248
140,847
63, 624
696
14, 213
30,079
90, 838
2,662
342,959
275,315
67, 644
135, 503 143, 072
64, 315
699
607
14,186
14,459
37, 579
32,135
93,430
91,443
1,399
1,776
347, 111 350,310
278,669 280,375
69,935
149, 030
66,057
530
14, 735
31,105
106, 572
2,100
370,129
300, 561
27,035
27, 553
5,040
1,392
43,871
4,881
100, 510
184
59,916
33, 250
29,166
5,233
1,394
50,884
4,457
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)..
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
65
812
641
746
833
302
326
390
503
754
349,464
516
513
755
352,840
518
720
653
372,853
3,424
10, 716
3,403
10, 719
14,122
8,899
5,432
1,942
30, 395
403, 248
345, 293
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
3,434
10, 707
8,819
3,993
1,677
28,630
373, 923
4,904
1,515
29, 387
378, 851
3,424
10, 716
14,140
8,884
4,807
2,105
29, 93^
382, 776
35, 342
40, 723
42,390
41,430
14, 837
15,158
15, 034
14, 293
3
250
50,432
3
55, 884
57, 444
507
18
56, 248
44, 491
52,197
50,182
48,955
44, 491
65
52, 262
50,182
48,955
U, HI
U, 140
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Securities loaned
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
94
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
MAINE
[In thousands of dollars]
Dec. 31,
Mar. 29,
June 30,
1939
Oct. 2,
1939
39 banks 39 banks 39 banks 38 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations—
Obligations guaranteed by TJ. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected-_
Other assets
Total assets
__
.
37,467
2
30, 661
4,269
3,553
22, 029
630
12,330
2,819
39, 063
1
4,373
3,979
21,122
598
13,566
2,629
39,456
3
28, 302
7,248
2,848
19,495
554
19,144
3,077
17,639
1,665
299
19,429
1,674
21, 596
1,669
284
22,439
1,651
277
344
431
418
491
81
120
132, 437
96
132
135, 831
78
183
139, 425
145,179
36,197
36,578
30,069
6,183
2,570
22, 920
598
10,856
2,514
106
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
._
Other deposits (certified and cashiers" checks, etc.)
Total deposits
_
Demand deposits
Time deposits
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
36, 293
66, 654
856
475
3,645
4,993
695
113, 611
45, 492
68,119
848
472
5,796
5,749
770
116.922
48 342
40, 579
67,005
656
464
5,198
5, 806
862
120, 570
52,232
68,338
28
140
162
113, 941
30
170
35
117,157
51
153
150
120, 924
1,794
408
7,129
9,331
5,667
2,846
652
18, 496
1,508
400
7,137
9,045
5, 708
3,278
643
18, 674
1,380
325
7,137
8,842
5,780
2,935
18, 501
5,871
3,144
770
18, 315
132, 437
135,831
139,425
145,179
3,914
4,072
3,556
3,745
386
374
436
739
65
4,365
319
4,765
337
4,329
2,783
2,783
2,938
67, 090
42.953
66, 829
673
454
6,245
8,590
912
126, 656
58,682
67,974
50
155
126, 864
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital slock
__.
Surplus
Undivided profits
Reserves and retirement account for preferred stock
_
Total capital accounts
Total liabilities and capital accounts
944
1,056
325
7,149
S,530
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities
sold under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Total...
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total
.
2,864
2,864
319
4,8
3,422
3,422
REPORT OF THE COMPTROLLER OF THE CURRENCY
95
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
MARYLAND
[In thousands of dollars]
Dec. 31,
1938
M a r . 29,
1939
June 30,
1939
Oct. 2,
1939
63 banks
63 banks
63 banks
63 banks
62, 783
7
380
393
262
007
842
47,078
5,362
63,173
10
168, 615
4,887
4,984
18, 254
854
50, 093
5, 908
63,964
8
177, 442
5,471
5,192
17, 704
836
52, 668
4,747
65,616
8
192, 490
6,444
5,157
17, 541
829
55, 284
6,631
44,878
5,020
1,039
48,132
5,026
1, 019
46, 829
5,001
1,031
54, 302
5,036
1,017
47
275
25
266
25
119
24
135
824
330
441
376
503
279
704
377
362,027
372. 063
381, 819
411,595
123, 988
95, 511
452
20. 312
20, 066
67,110
1.385
828, 824
228, 253
100,571
122, 992
94,981
385
20, 294
23, 751
74, 596
1,148
100,065
131, 503
94,400
332
20, 281
20, 613
80,131
1,367
848,627
249,289
99,338
141,996
94, 531
331
20,296
29, 213
90,081
2,248
S78,696
279,181
99,515
275
266
119
135
90
272
756
100
252
156
100
337
313
116
187
8
330, 217
33R, 921
349. 496
379,142
2, 755
50
11,099
13, 904
10, 543
5, 0S4
2,279
2,679
50
11,112
18, 811
10, 628
6,329
2,344
2,642
50
11,144
2, 590
50
11,147
13, 836
10, 704
5,321
2,462
13,787
10, 728
5,546
2,392
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
_._
Other bonds, notes, and debentures.
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
165,
4,
5,
19,
LIABILITIES
Demand deposits of individuals, partnerships, and corporations...
/Time deposits of individuals, partnerships, and corporations
• Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities,..
'8 W
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accountsMEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase a^reemen(..
.
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other t h a n to secure
liabilities
Total
._
_.
Secured liabilities: Deposits secured b y pledged assets pursuant to requirements of law
Total
31, 810
33,142
32, 323
32, 453
362, 027
372,063
381,819
411, 595
68, 639
56, 526
1,862
2,046
18
39
70, 519
58,211
44, 226
45,241
41, 932
49,877
44, 226
45, 241
41, 932
49,877
96
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
MASSACHUSETTS
[In thousands of dollars]
Dec. 31, M a r . 29, June 30,
1938
1939
1939
Oct. 2,
1939
126 banks 126 banks 126 banks 125 banks
ASSETS
Loans and discounts
_.
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
_*
Other assets
_..
Total assets
487,927
87
321, 652
26,409
35, 046
75, 709
12, 323
253, 293
135, 992
491, 325
86
283, 206
43, 575
37, 605
72,152
11, 793
294, 438
137, 492
494, 448
511, 836
85
75
295,113
298,119
42,153
38,079
41,163 ' 41.686
71, 620
67, 308
11, 789
11, 765
354, 315
394, 560
132, 967
137, 504
152, 504
34, 403
7,011
148, 256
34, 213
7,607
170, 554
34, 392
7,170
181, 566
34,152
6,807
4,317
9,275
3.850
8,658
3,804
7,392
3,862
6,958
2,879
4,919
3,425
3,837
2,800
3,773
3,176
6,274
1, 563, 746 1, 581, 518 1, 673, 538 1, 743, 727
LIABILITIES
Demand deposits of individuals, partnerships, and corporations. 752,175 744, 543 808, 429
871, 907
Time deposits of individuals, partnerships, and corporations. __ 237, 577 240,128 240, 487
232,156
Postal savings deposits
677
584
365
241
Deposits of U. S. Government
11,063
13, 014
13,106
11, 746
Deposits of States and political subdivisions._
_
87,984
83, 928
86, 716
65, 877
Deposits of banks
242, 731 265, 795 285, 897
325, 896
Other deposits (certified and cashiers' checks, etc.)
11,617
13, 004
17. 479
16, 462
Total deposits
/, 848,8241,360, 9961,452,479 1,524,^85
Demand deposits
1,104,330 1,118,889 1,210,350 1,290,822
Time deposits
239,494 242,157 242,129
233, 468
Bills payable, rediscounts, and other liabilities for borrowed
777
money
563
559
535
Mortgages or other liens on bank premises and other real estate - _
45
Acceptances executed by or for account of reporting banks and
10, 074
9,245
outstanding
8,058
8,446
Interest, discount, rent, and other income collected but not
1,979
2,394
2,944
2,292
earned
Interest, taxes, and other expenses accrued and unpaid.
1,334
2,273
2,241
• 2,755
Other liabilities
4,067
1, 692
4,277
1,746
Total liabilities.
Capital stock:
I, 361, 886 1, 377, 709 1,470,270
1, 540,015
CAPITAL ACCOUNTS
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Other liabilities secured by pledged assets.
Total
5,759
825
68, 979
75,563
85, 803
27, 318
13,176
5,611
825
68, 983
75, 419
85, 897
27, 958
14, 535
5,286
825
68, 908
75,019
86, 277
27, 744
14, 228
4,752
575
69,009
201, 860
203, 809
203, 268
203, 712
n,sse
86, 298
27,820
15, 258
1, 563, 746 1, 581, 518 1, 673, 538 1, 743, 727
37, 025
41,199
40, 310
41,086
2, 525
3,239
3,979
3,490
428
39, 978
475
44, 913
442
44, 731
532
45,108
30,623
35, 743
37, 807
32, 747
550
115
31, 288
506
105
36, 354
525
95
38, 427
775
95
33, 617
REPORT OF THE COMPTROLLER OF THE CURRENCY
97
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
MICHIGAN
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
82 banks 82 banks 82 banks 82 banks
ASSETS
Loans and discounts
.
Overdrafts
-.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. GovernmentObligations of States and political subdivisions. _
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank_
Reserve with Federal Reserve bank..
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
_._
_
Total assets
_
174,139
32
231,595
87,852
31, 273
44, 521
2,088
91,993
14,224
170, 285
44
224, 650
97, 540
30, 401
44, 384
2,115
94,282
15,405
164,119
33
221,807
93, 407
32, 381
45, 380
2,112
103, 387
13, 682
158,453
66
223,086
98,740
33,445
46,126
2,145
114, 567
14,809
142,852
9,388
1,064
155, 980
9,387
1,037
198,076
9,389
850
202,961
9,381
798
52
59
18
1,701
741
2,242
1,922
624
2,298
718
833, 521
848, 522
887, 248
907,663
356,985
233,228
533
18,480
65,159
82, 920
7,149
764,454
527,367
237,087
351,898
240,190
493
19,855
72,033
87,823
5,489
777,781
532,106
245,675
399,088
244,162
454
20,065
56,159
394, 508
246,340
432
19,980
66,460
100, 728
6,218
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
7,218
815,24k
665,641
249, 603
251, 670
25
333
788
603
346
1,185
396
825
637
434
1,255
53
766, 209
779, 368
817,112
836,415
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
_
Surplus
Undivided profits
Reserves and retirement account for preferred stock
_
_.
Total capital accounts
Total liabilities and capital accounts
14,335
470
21, 260
36, 065
17,709
9,380
4,158
14,160
470
21, 330
35, 960
17,847
10,833
4,514
14,020
470
21,342
35, 832
17,921
10,870
5,513
13, 657
470
22,157
36, $84
18, 313
11,198
5,453
67, 312
>9,154
70,136
71, 248
833, 521
848, 522
887,248
907,663
41,399
44,366
49, 610
58,305
4,044
3,460
3,703
2,128
3,107
3,118
3,142
48, 406
50, 933
56,431
63,575
34,141
41, 247
46,097
56,481
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities.-.
TotaL
_
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total
25
34,166
41,247 I 46,097 I
56,481
98
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
MINNESOTA
[In thousands of dollars}
Dec. 31, Mar. 29, J une 30,
1938
1939
1939
Oct. 2,
1939
193 banks 192 banks 192 banks 192 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
_
202,131
82
196, 078
18, 918
43, 003
32, 433
2,112
75, 783
8,952
197,444
116
192,188
21, 333
43, 868
30, 333
2,093
85,131
10,081
206, 788
97
174, 209
30, 064
45, 490
29, 858
2,088
98, 658
9,005
226,020
248
177, 886
31, 726
48,572
27, 205
2,088
100,187
8,491
161, 085
10, 021
1,203
138, 061
9,943
1,180
165, 242
9,872
769
164, 917
9,870
710
4,519
179
4,684
248
4,664
170
4,813
286
1,708
2,870
2,287
1,298
1,898
2,903
2,256
752
761, 077
740, 288
781, 775
806, 027
266, 505 253, 586 270, 499
205, 243 204,964 203, 596
1,544
1,379
1,223
1,961
1,672
2,003
71,133
65, 880
84, 957
124, 931 125, 872 127, 862
8,337
7,683
9,820
679,654 661,036 699,960
467, 780 449, 566 489, 884
211,874 211,470 210, 076
294, 436
204, 489
1,071
2,109
63, 513
150, 098
9,113
724, 829
513, 651
211,178
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
_
41
12
179
248
170
286
2,840
2,451
3,510
2,733
2,347
2,174
2,996
1,789
3,756
3,173
1,939
1,489
688, 675
668, 550
708, 671
731, 716
4,293
849
32, 954
38, 096
24, 043
7,449
2,814
4,217
833
32, 975
38, 025
23,981
7,256
2,476
4,129
821
32, 988
37,938
24,115
8,221
2,830
3,850
821
32, 962
37, 633
24, 524
9,266
2,888
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
_.
Total capital accounts
T otal liabilities and capital accounts
72, 402
71, 738
73,104
74, 311
761,077
740, 288
781, 775
806, 027
101, 334
94, 487
100, 852
102, 446
14, 497
14,046
13, 961
13, 795
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
2,551
2,499
2,544
2,603
118, 382
111, 032
117, 357
118, 844
78,858
75, 357
94,940
73, 721
41
78,899 I
12
75,369
94,940
73. 721
REPORT OF THE COMPTROLLER OF THE CURRENCY
99
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
MISSISSIPPI
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
25 banks 25 banks 24 banks 24 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
21,991
50
7,824
921
15, 923
2,130
379
6,464
2,120
21,629
55
6,075
1,017
15, 934
1,863
393
7,293
2,130
21,425
24
4,847
896
16, 212
1,694
381
6,304
2,060
20, 700
119
4,013
652
16,050
1,547
409
6,091
1,718
14, 201
1,725
1,014
18, 677
1,738
1,032
10
16,949
1,733
978
19, 502
1,743
22
152
74, 916
22
141
78,009
193
73, 722
14
230
73, 757
26, 621
22, 981
674
1,171
10,178
4,545
385
66,555
42, 882
23, 673
24, 605
22, 932
664
1,210
14, 784
5,188
190
69, 573
45,954
23, 619
24, 348
23,455
560
1,244
11,084
4,273
199
65,163
41,119
24,044
27,053
23, 297
553
1,274
7,142
5,414
251
64,984
41,118
66, 783
69, 691
15
123
79
65, 380
16
182
64
65, 246
1,950
125
2,954
5,029
2,317
464
323
8,133
1,863
125
2,954
4,942
2,315
734
327
8,318
1,822
125
2,946
4,893
2,426
691
332
8,342
1,813
125
2,946
4,884
2,430
797
400
8,511
74, 916
78,009
73, 722
73, 757
4,477
4,374
3,353
2,415
11, 671
12, 701
12,469
11,953
15
16,163
17
17,092
13
15, 835
19
14, 387
12,097
16, 093
12, 497
8,915
75
12,172
16,093
12, 497
8,915
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
Capital stock:
75
CAPITAL ACCOUNTS
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities..
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities. _.
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements.
__
Total
100
REPORT OF THE COMPTROLLER OF THE CURRENCY
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
MISSOURI
[In thousands of dollars]
Dec. 31,
1938
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
86 banks 87 banks 87 banks 86 banks
ASSETS
Loans and discounts
Overdrafts
...
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government-__
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets.._
Total assets.._
_
._
177,498
61
154,491
46,358
29,052
25,718
5,308
98,943
6,887
178.831
45
161,497
48, 500
29,422
27,079
5,018
83, 529
8,137
181, 293
37
130, 257
51, 318
30, 744
26, 513
5,357
114,491
8,827
187,644
74
129,045
53,176
30, 627
25, 234
4,708
132,185
10,198
156, 597
5,610
2,499
155.832
5,371
2,712
173, 245
5,208
2,601
194, 294
5,182
2,570
290
377
624
617
299.
1,214
306
711, 209
1,393
365
708, 753
1,280
326
732, 413
593
277
1,169
474
777,448.
299, 044
102,005
845
7,127
35,466
204,228
5,007
653,722
545, 104
108,618
298, 675 304, 637
107, 963 108, 267
818
829
8,896
8,936
34, 111 • 27,199
193,045
217,868
3,764
4,107
647,272 671, 843
586,423 560,572
110,849 111,271
328, 7321
107, 989
801
8, 919
23, 975
241, 956
3, 910
716,282
600,119
116,16$
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations.._
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
61
money
Acceptances executed by or for account of reporting banks and
388
outstanding
Interest, discount, rent, and other income collected but not
358
earned
540
Interest, taxes, and other expenses accrued and unpaid
818
Other liabilities
655, 887
Total liabilities..
Capital stock:
2,010
25
85
406
345
286
457
811
182
651,138
520
813
518
976
396
718, 543
674,430
CAPITAL ACCOUNTS
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities
sold under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
.....
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
_...
2,415
15
25,037
27,467
14,857
11,114
1,884
55, 322
2,614
2,496
2,455
25, 547
28,161
15, 219
12, 288
1,947
57, 615
25, 548
28,044
15, 644
11,910
2,385
57,983
25,60628,061
15, 701
12, 746
2,397
58,905
711, 209
708,753
732, 413
777,44&
59,407
64,516
56, 867
59,890
3,243
3,011
3,313
4,144
1,968
64, 618
2,164
69, 691
2,224
62, 404
2,277
66, 311
51,426
51,810
48, 794
47,9391
61
51,487
2,010
53,820
25
48,819
85
48,024
REPORT OF THE COMPTROLLER OF THE CURRENCY
101
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
MONTANA
[In thousands of dollars]
Dec. 31,
1938
M a r . 29,
43 b a n k s 43 b a n k s
J u n e 30,
1939
Oct. 2,
1939
43 b a n k s 43 banks
ASSETS
Loans and discounts
.—
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
._
Other assets
Total assets
15,700
12
22,967
2,336
5,343
4,816
209
11, 524
2,047
15,176
23
22, 057
2,319
5,040
19, 730
2,236
60
190
594
87, 767
15,199
15
208
11, 541
1,968
21,499
2,003
5,048
4,127
208
11, 782
1,925
17,056
28
21,463
2,079
5,435
3,834
206
14,423
1,672
18,008
2,238
50
20,926
2,234
49
22,931
2,195
42
231
33
83, 380
224
59
219
55
91,638
37, 215
22, 613
40
232
9,425
4,306
1,082
74,913
51,618
23 295
37,992
22, 703
40
235
9,972
4,476
1,071
76,489
53,119
23,370
45, 625
22, 831
41
242
7,575
5,211
1,140
82,665
59,187
23,478
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations—..
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions.
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)..
Total deposits
Demand deposits
Time deposits
Bills p a y a b l e , rediscounts, a n d o t h e r liabilities for borrowed
money
Interest, discount, r e n t , a n d other income collected b u t n o t
earned
Interest, taxes, a n d other expenses accrued a n d u n p a i d
O t h e r liabilities
Total liabilities..
38, 944
22, 981
45
222
10, 375
5,193
1,228
55, &
}
,3,730
16
6
60
106
70
94
2
151
79,129
75, 079
76, 671
82,908
25
4,228
4,561
2,234
1,584
259
302
25
4,234
4,561
2,250
1,201
291
25
4,245
4,561
2,255
1,605
309
8,730
91,638
52
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock..
_
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts.
Total liabilities and capital accounts
87, 767
8,301
83, 380
301
25
4,235
4,561
2,250
1,521
295
8,627
85, 298
10, 543
11, 032
11,198
10,938
2,623
2,721
2,440
1,924
57
13, 223
34
13, 787
34
13,672
33
12, 895
10,052
9,561
10, 346
8,225
9,561
10
10, 356
8,231
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
.
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
TotaL.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
TotaL
__
10,052
102
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
NEBRASKA
[In thousands of dollars]
Dec. 31,
1938
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
136 banks 136 banks 136 banks 135 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstandingInterest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
84,092
46
49,128
11,980
19,170
12, 317
732
32,406
83,329
80
57,187
5,877
434
53,008
5,784
418
69,248
5,741
425
550
508
279,481
501
590
273,411
292, 509
119,942
42,717
284
3,431
21,600
60,432
3,130
251,536
208,259
48,277
120,396
43,063
247
2,833
23,831
52,234
2,662
245, 266
201,704
43,562
128,039
43,222
242
2,759
23,049
63,872
2,753
263,936
220,214
43,722
406
251
127
157
225
117
174
239
109
190
245
113
242,714
252,309
245,941
79,360
38
52,825
10,082
19,242
11, 759
725
34,112
3,122
81,374
70
50, 529
12,234
19, 769
11,844
732
50,801
5,910
426
449
530
3,503
48, 232
9,332
18,953
10,857
731
41,406
2,854
5
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
Capital stock:
120,859
42,409
286
3,234
20,606
51, 793
2,622
2^1,809
199,052
42,757
201
262
70
264,663
CAPITAL ACCOUNTS
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
_
_
1,917
12,588
14,505
7,821
2,341
2,005
1,868
12,604
14,47*
7,933
2,611
21#6
1,851
12,696
14H7
8,084
2,689
2,150
26, 672
27,172
27,470
269,386
279,481
273,411
1,766
12,776
14,542
8,150
2,913
2,241
27,846
292, 509
27,988
29,142
29,939
28,139
7,166
6,888
5,932
35,453
36,328
36,169
284
33,912
26,190
28,378
27,896
27,007
272
137
36
26,462
28,515
27,932
128
27,135
298
299
REPORT OF THE COMPTROLLER OF THE CURRENCY
103
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
NEVADA
[In thousands of dollars]
Dec. 31,
1938
M a r . 29,
1939
June 30,
1939
Oct. 2,
1939
5 banks
6 banks
6 banks
6 banks
9,290
20
7,090
3,078
2,479
1,074
30
2,569
950
9,525
12
7,114
3,101
2,464
995
41
2,552
915
10,477
22
7,088
3,122
2,708
951
52
2,507
1,014
10,961
19
7,035
3,006
2,579
907
52
2,826
890
7,625
715
23
8,381
716
23
8,082
722
21
9,716
738
15
99
50
83
30
107
52
116
46
35,173
35,952
36,925
38,906
14,028
12,201
66
188
4,813
660
510
82,466
20, 113
12, 858
14,187
12, 798
10
231
4,738
731
397
88,092
20,148
12, 9U
14,561
13,172
17
214
4,588
851
512
88,915
20,590
18,825
16,623
13,173
18
155
4,439
943
313
85,664
22,337
18,827
74
18
254
76
70
171
91
32
91
70
296
32. 812
33,409
34,276
36,121
72
788
860
366
1,061
74
72
70
890
70
890
960
734
996
95
ASSET3
Loans and discounts
Overdrafts
TJ. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
._
Other assets,
Total assets-
75
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations. _
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
-..
Total liabilities
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
1,111
83
736
867
2,361
2,543
2, 649
2,785
35,173
35, 952
36, 925
38,906
3,240
3,707
3,629
3,584
1,099
1,081
1,078
1,104
4,788
4,707
4,6
4,047
4,083
4,119
4,070
4,047
4,083
4,119
4,070
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
.._
__.
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total
322
4,661
104
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
NEW HAMPSHIRE
[In thousands of dollars]
D e c . 31,
1938
M a r . 29,
1939
J u n e 30,
1939
Oct. 2,
1939
52 b a n k s
52 b a n k s
52 b a n k s
52 b a n k s
29,190
114
13,109
1,687
2,580
12,847
482
7,265
2,275
30,419
5
14, 540
2,114
2,717
12, 373
479
6,724
2,645
31,611
1
12,401
2,008
2,584
12, 219
499
7,698
2,257
31, 561
5
12, 205
2,147
2,837
12, 350
493
8,859
2,649
11, 795
2,176
148
9,262
2,178
180
12,946
2,188
189
18,290
2,224
188
77
77
76
76
4
41
3
31
5
63
5
46
83, 790
83, 747
86, 745
93,935
33, 706
21, 265
283
615
6,802
4,896
1,490
69,057
33,124
21,981
256
913
6,977
3,934
1,281
68,466
45,330
23,136
35,849
22,188
257
764
6,143
4,913
1,744
71,858
48,559
40,768
22,518
209
872
7,173
6,376
1,327
79,243
55,608
23,635
240
687
203
16
88
117
19
111
15
21
100
100
27
84
5
72, 282
79, 359
570
300
5,299
6,169
4,898
2,808
588
300
5,293
6,161
4,898
2,924
593
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
_.
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collectionBank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations-..
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
»9, 518
Total liabilities..
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
573
300
5,299
6,172
4,882
2,712
506
570
300
5,299
6,169
4,882
2,892
506
Total capital accounts
14, 272
14, 449
14, 463
14,576
Total liabilities and capital accounts .
83, 790
83, 747
86, 745
93,935
1,814
2,408
1,932
1,835
272
405
402
300
254
228
2,340
3,041
2,623
2,470
1,484
1,571
MEMOEANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
TotalSecured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
1
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total.
195
1,679
335
176
2,240
1,858
1,699
REPORT OF THE COMPTROLLER OF THE CURRENCY
105
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
NEW JERSEY
[In thousands of dollars]
Oct. 2,
Dec. 31, Mar. 29, June 30,
1939
1939
1939
1938
229 bank! 227 banks 226 banks 226 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. GovernmentObligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and com
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
101, 219
4,225
85, 778
16,963
233,631
20
202,471
41,915
47, 465
97,867
4,147
84,634
18, 237
239, 233
15
180,801
64, 202
50, 523
93,063
4,222
88, 754
14, 575
244,173
27
176, 845
67,419
56, 366
89,051
4,158
105, 590
17,139
122, 553
27,035
16, 705
102, 908
26, 755
15, 972
126,187
26, 064
14,980
139,169
26,098
14,455
2,292
123
2,034
63
2,058
113
2,021
218
2,008
950
887,001
2,136
1,028
2,157
902
881, 283
1,853
876
907, 519
265,088
400,931
11,913
82,055
14, 488
8,123
782,598
871,265
411,333
244,028
407,928
13,095
91, 513
12, 683
6,640
775, 887
351 620
421,267
264,490
412,885
12, 887
89,017
13, 649
8,030
800,958
375,080
425,878
297,140
415, 545
12,683
87,944
15,875
8,716
837,903
408,976
60
115
50
231,164
19
191,121
40, 307
44, 539
945, 788
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations. _.
Deposits of U. S. Government.
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate..
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities..
35
44
123
947
688
509
784, 944
7
63
1,024
1,185
778, 347
573
113
218
1,190
732
448
803, 556
1,279
954
218
840,622
20,479
3.115
35, 586
59,180
26,121
11,782
20, 241
2,865
36,183
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock.
Class B preferred stock.
_
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
__.
Total liabilities and capital accounts
21,753
3,120
35, 520
25,100
10.902
5,662
102, 057
887, 001
21,120
3,120
35, 220
59, 460
25, 704
11,841
5,705
102, 710
12, 476
6,821
105,166
103,963
907, 519
945, 788
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Securities loaned
Total
_
_..
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Other liabilities secured by pledged assets
Total
28,877
31,924
29,985
32,126
4,607
4,825
5,053
4,916
5,812
5,743
39,296
42, 492
5,642
30
40,710
42,665
26,155
27, 595
27, 595
30,035
35
60
3
76
50
10
30,095
26,190
27,658 I
27,671
5,623
106
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1989—Continued
NEW MEXICO
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
22 banks 22 banks 22 banks 22 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
14,408
7
9,722
2,571
3,264
900
112
5,828
1,364
12, 553
937
39
15,026
19
8,970
2,595
3,262
900
114
4,832
1,358
11,132
928
39
16, 543
15
898
113
5,094
1,408
10, 693
905
44
lb, 689
18
8,835
2,239
3,610
824
114
4,920
1,233
11, 665
909
41
12
10
4
310
4
7
1
29
51, 727
49, 489
51,123
51,127
22, 336
9,245
149
345
12, 653
2,578
623
47,929
88,461
20, 710
9,249
49
444
12, 333
1,870
548
45,203
35, 787
20, 764
9,448
51
451
13, 490
2,251
651
47,106
37,439
23,142
9,712
54
465
11,011
1,985
539
46, 908
36, 974
9,934
9,052
2,740
3,607
LIABILITIES
Demand deposit of individuals, partnerships, and corporations..
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accured and unpaid
Other liabilities
Total liabilities..
4&
10
47, 975
14
6
301
24
~~3
45, 534
47,186
46, 981
306
1,774
2,080
1,208
404
263
306
1,774
2,080
1,250
298
309
304
1,776
2,080
1,261
481
324
22
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
1,729
1,203
229
285
3,752
3,955
3,937
4,146
51, 727
49,489
51,123
51,127
9,067
9,184
8,436
8,191
2,540
2,678
3,235
3,320
11,862
11, 671
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities- __
Total
57
11, 664
11,511
•
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total.
11, 641
11, 641
•
•
— *
10, 685
11, 941
13,010
10
40
18
13,050
10, 703
11,951
REPORT OF THE COMPTROLLER OF THE CURRENCY
107
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
NEW YORK
[In thousands of dollars]
Dec. 31,
1938
439
banks
Mar. 29,
1939
438
banks
J u n e 30,
1939
437
banks
Oct. 2,
1939
437
banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
1,498,803 1,449,019 1,423, 7£0
706
244
419
1,410,056 1, 288, 255 1,426, 882
516, 754
590, 776
650, 940
356,833
317, 503
335, 615
436,923
448,196
452, 608
92,905
92,481
92, 278
1, 505, 237 1, 936, 350 1,995, 771
38, 750
40, 684
36, 287
1,490,933
474
1,422, 073.
666, 1£6
390,67tt
437, 219
92,117
2, 442, 283
41, 342
346, 585
111, 753
17,198
361, 609
110, 352
16, 796
544, 347
108, 450
17, 984
475, 064
107,192
17, 649
2,117
36, 342
2,243
31,529
2, 202
29, 410
2,104
22,165
11, 225
13, 820
14, 058
9,952
14, 014
7,563
6, 373, 754 6, 750, 606 7,120, 224
13,97ft
7,572
7, 623, 993
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Deposits of U. S. Government
Deposits of States and poltical subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate,.
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
3, 067,939
778, 522
34, 834
265,191
1, 278,170
87, 496
5,512,152
4, 70S, 172
808,980
3, 380, 390
774, 012
33, 843
258, 473
1, 326,885
102,918
5,876,521
5,061,253
815,268
3, 502,534
770,885
33, 772
300,669
1,401, 362
217,117
3,226,839
5, 418, 712
807,627
3, 795, 313
769, 043
33, 482
296, 556
1, 731,069
143,112
6, 768,675
5,963,884
805,191
1,144
50
613
20
646
20
499
40,637
34, 590
32, 360
27,07»
5,447
5,476
6,481
6,640
8,759
8,175
106,929
128, 355
147, 888
5, 672,999 6, 054, 334 6,421, 909
6,889.
6, 786,
117, 277
6, 927,125
20, 932
19, 921
19, 494
4,428
4,299
4,202
258,158
259,161
258, 240
284, 521
282, 878
281,936
304, 430
303, 342
303, 484
81,102
80, 511
78, 960
30, 041
32, 989
31, 648
700, 755
696, 272
698, 315
6, 373, 754 6, 750, 606 7,120, 224
18, 78?
4,140
258, 479'
2a
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock...
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
281,40$
305,166
82,136
33,160
701, 868
7,628,993.
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities
sold under repurchase agreement;
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Securities loaned
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Other liabilities secured by pledged assets
Total
205927—40
8
185,103
175, 411
186, 459
194, 260
88,167
107, 596
93,178
96, 792
30, 462
9,763
313, 495
30, 470
9,127
322, 604
30, 371
3,312
29, 863.
7,894
313, 320
328, 809
231, 415
220, 018
226,126
224, 344
1,121
86
232, 622
612
80
616
80
498
63224,905.
220, 710
226,822 I
108
REPORT OE THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
NORTH CAROLINA
[In thousands of dollarsl
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
43 banks 43 banks 42 banks 42 banks
ASSETS
Loans and discounts
Overdrafts
_
U. S. Government securities, direct obligations
_
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
..
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets..
_
Total assets.
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
_
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate..
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities..
40,383
13
10,421
5,265
12, 246
1,032
451
10, 777
3,726
41, 666
10
11, 777
4.197
12.058
1,090
452
9,211
3,882
41,123
8
9,537
3,777
11,291
3,005
42, 111
8
10, 760
3,609
11, 275
846
420
10,085
3,943
31, 679
2,728
795
28, 629
2,763
725
29,824
2,458
645
33,068
2,467
597
52
138
64
136
119, 745
116, 657
112,026
56
183
119,436
55,157
27, 672
200
836
10,449
9,531
1,626
105, 471
76,661
28, 810
51,423
28, 354
200
782
10, 725
9,149
1,489
102,122
72,924
29,198
50, 673
26, 731
198
760
9,518
8,754
1,711
98,345
70,754
27,591
55, 223
26,982
183
767
10, 230
10, 640
1,660
105, 685
77,742
27,943
973
425
8,753
35
150
135
61
165
148
14
159
126
44
161
129
105, 828
102,449
98, 709
105,978
654
738
10
10
6,153
6,149
6, 897 6,817
4,299
4,175
2,095
1,884
997
961
13,917
14, 208
119, 745
116, 657
504
10
5,903
6,417
4,207
1,790
903
13,317
112, 026
423
10
6,042
6,475
4,241
1,948
794
13, 458
119,436
6,676
6,702
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities.
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
6,973
6,144
6,639
6,032
6,150
13,145
23
13,321
23
12, 731
23
12. 875
11, 686
11, 736
10, 595
11,267
11, 736
35
10, 630
11, 267
11,686
109
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
NORTH DAKOTA
[In thousands of dollars]
D e c . 31,
1938
M a r . 29,
1939
J u n e 30,
1939
Oct. 2,
1939
50 b a n k s
50 b a n k s
50 b a n k s
50 b a n k s
15,189
8
11,332
3,337
4,613
2,499
178
3,824
987
8,112
1,699
266
15,032
17
10,695
3,241
4,440
2,323
176
4,046
969
8,140
1,909
285
15,027
13
10,823
3,202
4,435
2,199
175
4,521
910
9,347
1,903
257
19,603
21
10,262
3,138
4,415
1,908
167
4,218
950
9,615
1,884
234
176
68
216
36
202
58
222
60
52, 288
51, 525
53,072
56,697
21,122
19,153
138
124
2,842
2,215
520
46,114.
26,500
19,614
19, 579
19,060
140
137
3,760
2,240
411
45,327
25,772
19,555
21,127
19,182
121
157
2,983
2,706
579
46,855
27,209
19,646
24,765
19,359
124
153
2,957
2,515
488
50,861
80,611
19,750
ASSETS
Loans and discounts.
Overdrafts
U. S. Government securities, direct obligations
O bligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
10
49
103
9
51
108
10
46,285
45,496
47,010
50, 540
45
2,874
8,812
1,629
423
139
877
45
2,879
8,801
1,643
444
141
829
45
822
45
2,888
8,755
1,658
560
184
72
93
14
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
,
Total capital stock
Surplus
Undivided profits.
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
.
....
3,768
1,655
470
174
6,003
6,029
6,062
6,157
52,288
51, 525
53,072
56,697
720
766
747
1,163
103
92
85
109
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
TotaL
234
234
233
233
1,057
1,092
1,065
1,505
424
661
513
831
661
513
831
10
434
110
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
OHIO
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
246 banks 245 banks 244 banks 244 banks
ASSETS
304,178
Loans and discounts
57
Overdrafts
238,809
U. S. Government securities, direct obligations
45, 746
Obligations guaranteed by U. S. Government
82,083
Obligations of States and political subdivisions
91,174
Other bonds, notes, and debentures
5,029
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank.
120, 484
Currency and coin
23, 246
Balances with other banks, and cash items in process of collection- 203, 619
Bank premises owned, furniture and fixtures
29, 369
Real estate owned other than bank premises
4,626
Investments and other assets indirectly representing bank
premises or other real estate
4,010
Customers' liability on acceptances outstanding
675
Interest, commissions, rent, and other income earned or accrued
but not collected
_
1,636
Other assets
893
Total assets
1,155, 634
313,118
59
217, 255
52, 719
87, 780
89, 972
5,031
133, 401
25, 600
208, 796
29, 300
4,499
323, 867
53
214, 781
55, 781
88, 645
86, 596
4,873
142, 309
21,858
229, 076
29,044
4,213
341, 219<
75
202, 360*
58, 291
92, 40981,875
5,002
148,801
22, 634
256, 65929,071
3,651
4,009
718
5,503
674
5,111
1,014
2,040
960
1,554
1,720
1,861
994
1,175, 257 1, 210, 547
1, 251,027
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
_-.
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
495, 836
471, 215
451,072
460, 209
361, 609
358,853
358,181
355, 704
2,560
2,47a
2,885
2,939
10,066
10,045
10,072
10,096
102,126
104,010
79, 689
111,081
124, 384
107, 566
99, 765
11, 266
14, 671
8,626
9,412
Total deposits
_
1,017, 814 1, 085,070 1,069, 928 ', 110,272
685,
918
729,038
Demand deposits
640, 035
654,514
Time deposits
384,010
381,234
877,779
380,556
Bills payable, rediscounts, and other liabilities for borrowed
16
money
105
57
Acceptances executed by or for account of reporting banks and
678
1,045
outstanding
733
Interest, discount, rent, and other income collected but not
51&
464
earned
372
439
1,884
Interest, taxes, and other expenses accrued and unpaid.
1,350
2,046
569
Other liabilities
2,280
578
552 1,073, 705 1,114, 286
Total liabilities
1,021, 229 1,039, 973
Capital stock:
CAPITAL ACCOUNTS
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities.
Total
._.
Secured liabilities:
Deposits secured b y pledged assets pursuant to requirements of law
Borrowings secured b y pledged assets, including rediscounts and repurchase agreements
Total
14, 204
15, 274
15, 506
568
568
568
59,647
59, 273
59, 244
74,419
75,115
75,318
37,889
37, 552
36, 678
14, 759
14,060
14,944
9,674
10,115
8,765
136, 741
134,405
135, 705 136,842
1,155, 634 1,175, 257 1, 210, 547 1,251,027
15, 862
568
59, 270
75, 700
36,326
13,473
8,906
98, 385
103, 336
107, 589
42, 415
43,4£6
44, 267
46,699
4,636
135, 857
4,890
146, 551
4,678
152, 281
4,691
158, 979
105, 291
119, 734
126, 635
132, 982
105
105, 396
40
119,774
126,635
132,982
REPORT OF THE COMPTROLLER OF THE CURRENCY
111
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939— Continued
OKLAHOMA
[In thousands of dollars]
Doc. 31, M a r . 29, Juno 30,
1938
1939
1939
Oct. 2,
1939
214 banks 214 banks 214 banks 213 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures ,
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
.
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
121,060
78
50,193
21, 090
59,109
7,505
1,308
50, 525
5,646
123,831
130
45, 876
22,143
58, 722
7,432
1,186
48, 396
6,166
125, 964
71
43, 846
18, 804
54, 896
6,986
1,187
52, 959
5, 533
127, 561
107
40, 008
18,649
55,141
6,600
1,192
59,939
4,938
117, 762
9,334
208
111,446
9,288
204
133,825
9,410
183
144,138
9,314
193
290
43
505
28
477
60
452
66
430
331
444, 912
424
312
436, 089
392
345
454, 938
397
376
469, 071
190, 769
66, 741
813
8,603
51,924
64, 360
13,812
397,022
319,624
77,398
191, 347
66,835
392
8,986
54, 790
58, 918
5,168
386,436
309,632
76, 804
199,948
67, 496
393
8,939
53, 218
69, 742
5, 298
40,5,034
327, 376
77,658
214, 516
67, 091
370
8,927
48,102
74,064
4,879
417,949
342,0L6
75, 903
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions Desposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate-.
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
10
5
43
5
24
5
5
46
28
60
66
295
518
272
398,168
328
543
459
387, 842
338
4S2
205
406,148
331
543
263
419,157
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
2, 205
62
22, 299
24,626
13, 851
6,696
1,571
46, 744
2,200
62
22, 301
24, 623
13, 960
7,889
1,775
48, 247
2,050
62
22, 380
24, 498
14, 327
8,169
1,796
48, 790
1,928
62
22, 482
24,472
14, 569
8,800
1,983
49,914
Total liabilities and capital accounts..
444,912
436,089
454, 938
469,071
38,979
37, 223
35, 700
34, 760
34, 413
36, 064
35, 478
35, 509
1,047
49
74, 488
1, 039
50
74, 376
1,146
49
72, 373
1,159
49
71, 477
63, 368
65, 937
63, 761
59, 945
5
50
43
24
3
CAPITAL ACCOUNTS
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Securities loaned
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Other liabilities secured by pledged assets
Total
63, 423
65, 980
63,78
59, 945
112
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
OREGON
[In thousands of dollars]
Dec. 31,
1938
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
28 banks 27 banks 27 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but not collected
Other assets
_
Total assets
77,131
114
70,817
26,031
16, 320
8,196
475
27, 568
4,756
74,736
95
69,714
24, 501
14,455
6,417
481
31,261
5,086
79, 508
83
69,644
24,379
13,183
6,058
477
31,033
4,776
85,123:
181
72, 387
22,136
13,9406,057
481
33,827
4,640
38,284
6,483
343
51,030
6,458
212
47, 413
6,474
206
51,846 1
6, 460
204
21
363
113
156
27
116
851
818
790
25328
850'
101
277,839
285,631
284,256
298, 586
110,851
92,995
342
5,631
22, 251
19,717
2,850
254,637
154,904
103, 392
91,924
344
5,410
38, 381
19, 774
2,739
261,964
160,036
101,928
110, 532
93,498
230
5,443
28, 638
19,625
2,609
260, 575
158,263
102,312
124,103.
95, 527
225
5,468
22, 633
23, 321
2,848
274,1%5
172,160>
101,965
363
156
116
329'
404
404
140
429
568
255
513
419
149
539^
619144
255,948
263, 372
261, 772
275, 756
155
10
8,940
9,105
6,845
3,807
2,134
144
10
8,951
139
10
8,906
9,055
6,851
4,204
2,374
LIABILITIES
Demand deposits of individuals, partnerships, and corporations..
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits.Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
•_
Interest, taxes, and other expenses accrued and unpaid.
_.
Other liabilities
Total liabilities
•__.
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts..
:
Total liabilities and capital accounts
21,891
22, 259
22, 484
137
10
8,908
9,05$
6,951
4,52a
2,301
22,830
277,839
285, 631
284, 256
298,586
42,183
48,896
47, 554
45, 490
4,293
4,109
3,997
9,105
6,916
4,135
2,103
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities..
Total.
Secured liabilities: Deposits secured by pledged assets pursuant to requirements of law
Total.
725
704
678
678
45,896
53,893
52,341
50,165
28,364
44,185
34,570
18,714
28,364
44,185
34,570
28,714
REPORT OF THE COMPTROLLER OF THE CURRENCY
113
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
PENNSYLVANIA
[In thousands of dollars]
Dec. 31,
1938
M a r . 29,
1939
J u n e 30,
1939
Oct. 2,
1939
696 b a n k s 695 b a n k s 694 b a n k s 694 b a n k s
ASSETS
Loans and discounts
_
775,171 779, 808 791, 744
803,563
Overdrafts
30
48
36
6&
U. S. Government securities, direct obligations
810,309
810, 234
797, 471 807,122
Obligations guaranteed by U. S. Government
^
101, 536 109,732 106,787
100,154
Obligations of States and political subdivisions
113,115
98,028 100, 094 112,570
Other bonds, notes, and debentures
434, 694
431, 242
460,922 442,861
Corporate stocks, including stock of Federal Reserve bank
21, 206
21, 536
21, 239
21, 208
Reserve with Federal Reserve bank
335, 449 371,058 455, 674
504,047
Currency and coin
52,562
48, 813
52, 549
43,922
Balances with other banks, and cash items in process of collection.
361,813 363, 833 409,717
446,974
Bank premises owned, furniture and fixtures
77,208
78,108
77,309
78, 048
Real estate owned other than bank premises
32, 202
32,388
33,674
33, 272
Investments and other assets indirectly representing bank premises or other real estate
3,029
3,105
3,151
3,220
Customers' liability on acceptances outstanding
5,996
5,107
8,011
3,585
Interest, commissions, rent, and other income earned or accrued
but not collected
5, 652
6,313
6,516
6, 214
Other assets
6,687
6,099
5,667
6,191
Total assets
3,148,511 3,171, 297 3, 313, 834 3, 412,047
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate.
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilitiesCapital stock:
994, 314 1, 055, 767
1,062, 332 1,066,968
11,960
13, 774
62,100
62, 358
119,834 154,358
422,079
443,065
484, 670
17,018
14, 619
15, 500
2, 710,2962,851,323
1,647,038 1,544,221 1,686,321
1,141,424 1,166,075 1,165,002
1,005,962
1,046,833
15, 042
63, 529
117,999
1,108, 663
1,063, 570
9,650
61, 630
147,147
539,884
16,778
2,947,322
1,790,779
1,156, 543
1,194
14
222
10
154
10
138
9,172
6,816
5,728
5, 582
1,491
4,487
3,791
1,587
5,324
2,706
1,629
5,786
2,912
1,674
5, 839
782
2, 708, 61 \ 2, 726. 961 2, 867. 542
2,961,337
CAPITAL ACCOUNTS
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
16,314
16, 001
995
1, 015
149, 491 149, 585
166, 800 166, 601
186, 415 190,544
57, 720
57,912
28,965
29, 279
15, 848
1,015
149, 674
166, 537
191, 220
58,109
30, 426
15, 512
1,065
149, 665
166,242
191, 420
61, 790
31, 258
439. 900
446. 292
450,710
444.
3^
3,148,511 3,171, 297 3, 313. 834
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Securities loaned
__
Total _
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Other liabilities secured by pledged assets
Total
227, 231
228, 590
229,105
229,885
30, 432
31, 977
30, 674
29, 967
6,943
600
7,854
600
7,210
7,754
525
265, 206
269, 021
266,989
268,131
197, 782
203, 051
200,
324
223, 283
1,150
222
39
124
39
199, 000
203, 312
138
28
223, 449
200,
487
114
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
RHODE ISLAND
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June. 30,
1939
Oct. 2,
1939
12 banks 12 banks 12 banks 12 banks
ASSETS
1/oans and discounts
Overdrafts
U. S. Government securities, direct obligations
'Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collectionBank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
36, 773
1
18 923
3; 381
2, 456
8,862
843
15, 098
2,930
37, 777
1
17,461
4,221
39, 432
2
847
20, 931
2,814
19, 484
6,938
2. 551
8,270
590
14, 916
2. 585
40, 988
4
20, 307
5,661
2,606
7, 645
590
19, 837
3,071
21, 594
726
232
15, 593
727
229
14, 559
719
212
20, 396
717
212
67
28
507
194
507
142
189
76
228
103
189
161
250
155
112,151
111. 004
67, 320
16, 622
153
65, 792
17,907
153
361
2,271
6,537
495
93,516
75, S77
18,1S9
1,912
8,222
111, £
123, 088
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations. _
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions.
Deposits of banks
Other deposits (certified and cashiers' checks, etc.).
_.
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
CAPITAL
Capital stock:
ACCOUNTS
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
IJ. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
.
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities
sold under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total _
65, 795
18, 644
53
509
2,767
5,477
596
93,841
75,065
18, 776
75, 842
17, 515
53
453
4, 298
6,910
641
105,7 IS
88,065
17, 647
133
121
149
132
106
24
94, 466
106,116
436
7,079
7,515
7,451
1,683
437
436
7.079
7,515
7,462
1,612
254
426
7,079
7,505
7,482
1,715
270
16, 983
17,086
16, 843
16, 972
112,151
111, 094
111,309
2,371
7,372
498
94, 705
77,904.
16,801
175
107
122
90
144
95,168
453
7,077
7,530
7,431
1,608
414
142
138
147
4
94, C
1,479
1,907
308
123, C
358
348
473
738
778
799
821
2,953
3,072
2,830
2,773
1,601
1,612
1,666
175
1,601
1,787
1,666
1,696
REPORT OF THE COMPTROLLER OF THE CURRENCY
115
and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
SOUTH CAROLINA
[In thousands of dollars]
Dec. 31,
1938
M a r . 29,
1939
J u n e 30,
1939
Oct. 2,
1939
20 b a n k s
20 b a n k s
20 b a n k s
20 b a n k s
29,507
3
9,882
2,743
6,275
785
235
6,925
2,362
28,427
4
9,677
2,027
5,688
990
238
6,131
2,417
29,466
4
9,221
2,314
5,541
886
238
6,100
1,749
29, 401
321
9,534
1, 690*
5,784
891
240'
7,264
2, 502'
24, 753
1,454
185
24, 259
1,459
176
25, 217
1,449
166
29,609'
1,452
154
16
110
85, 235
17
124
81, 634
18
320
82, 689
13
470*
19,036=
40,004
12, 766
28
412
17,194
5,195
1,261
76,860
63,576
13, 284
38,288
13, 067
33
437
14, 906
5,617
772
73,120
59, 526
13,594
38,812
13, 751
25
350
14,886
5,315
795
73,934
69,659
14, 9.75
44, 609-
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets.
_
LIABILITIES
Demand deposits of individuals, partnerships, and corporationsTime deposits of individuals, partnerships, and corporations.-.
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills p a y a b l e , rediscounts, a n d other liabilities for borrowed
money
I n t e r e s t , discount, r e n t , a n d other income collected b u t n o t
earned
I n t e r e s t , taxes, a n d other expenses accrued a n d u n p a i d
O t h e r liabilities
.
Total liabilities-
13,801
26*
34014,139'
6,484
844:
80,24S
65, 887'
14,356
140
67
81
38-
76, 977
73, 247
63
50
131
74,318
1,322
5
3,310
1,214
1,180
5
3,317
4,536
2,174
1,277
384
8,371
3, 345
4,530
2,21fr
1,465
396-
80, 429-
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
4, 6S7
Total capital accounts
2,003
1,094
524
8,258
1,214
5
3,317
4,536
2,159
1, 332
360
8,387
85,235
81, 634
5,338
5,736
5,791
5,961
3,022
2,431
1,953
2,364
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total liabilities and capital accounts
82.6
5<
8,607
89,036-
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
313
361
386
466
8,673
8, 528
8,130
8,791
9,867
8,724
8,087
8,168
140
9,867
8,724
8,227
8,168
116
KEPOKT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by^States, at date of each call during year
ended Oct. 31, 1939—Continued
SOUTH DAKOTA
[In thousands of dollars]
Dec. 31,
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
43 banks 43 banks 42 banks 41 banks
ASSETS
Loans and discounts
_
Overdrafts
U . S . Government securities, direct obligations
..
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.
B ank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
19, 774
13
9,840
2,437
6,856
2,058
167
5,478
1,288
10,791
1,697
151
20,453
25
9,933
2,636
7,646
1,920
168
5,533
1,277
8,425
1,686
149
22,078
18
9,517
2,551
6,897
1,739
165
5,520
1, 205
10,137
1,662
127
23,449
47
9,273
2,181
7,088
1,713
165
6,094
1,031
11,005
1,650
127
100
100
100
100
243
278
82
274
118
278
127
60, 985
.0, 311
62,108
64, 328
24, 661
15, 666
64
313
9,652
3,606
460
54,422
16,196
83
24,927
15, 944
59
299
8,815
3,137
433
68,614
37,138
16,476
83
24, 260
16,153
43
326
10, 541
3,363
660
55,346
38,620
16,726
83
27, 779
16,449
42
287
9,080
3,272
515
57,424
40,383
17,041
54
109
27
59
144
11
71
110
2
81
137
2
54,695
53,911
55,612
57, 727
1,455
15
2,827
4,297
1,119
685
299
1,437
15
2,795
1,424
15
2,808
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
.
Deposits of U. S. Government
_..
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Mortgages or other liens on bank premises and other real estate.
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid.
Other liabilities
_____
Total liabilities....
_.
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock.
_
Surplus
Undivided profits
_
_
1,459
15
2,823
4,297
1,099
618
276
1,117
799
333
Reserves and retirement account for preferred stock
4,a*7
1,136
840
378
6,400
6,496
6,601
60,311
62,108
64, 328
6,575
6,783
7,289
6,482
2,532
2,604
2,617
2,618
385
376
374
373
9,492
9,763
10, 280
9,473
6,451
7,861
6,451
7,861
6,290
Total capital accounts
Total liabilities and capital accounts
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
_
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities.
Total
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
_
Total
6,892
REPORT OF THE COMPTROLLER OF THE CURRENCY
117
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939
TENNESSEE
[In thousands of dollars]
Dec. 31,
1938
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
71 banks 71 banks 71 banks 71 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government.
.__
Obligations of States ard political subdivisions-Other bond, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
_
Other assets—
Total assets
167,932
75
51, 578
16,196
32, 658
10,892
2,847
42,929
6,990
165,481
162
44,469
17, 280
30, 340
11, 683
2,799
38, 583
7,103
170, 544
59
41,481
12,986
33, 536
12,189
92, 076
11,514
2,346
95,108
11, 486
2,269
99,087
11, 361
2,286
217
73
287
50
287
37
83
478
529
439,330
598
533
428, 231
646
477
434, 755
733
520
458,192
140,426
101, 643
3,066
14,123
41, 523
89,089
3,852
393,722
280,412
113,310
132, 709
102. 312
2,386
13, 995
36, 681
91, 631
2,252
381,966
269,862
112,104
142, 235
105,898
1,729
14, 070
35,419
86, 283
2,923
388,557
273,335
146,420
108, 256
746
13, 782
36,067
101, 527
4,538
411,336
294, 438
116,898
73
50
483
244
395,191
656
412
383, 780
37
751
420
287
390,074
762
678
267
413,160
6,373
100
17,926
24,399
12, 211
6,173
1,356
44,139
439, 330
6,261
100
17,984
24,345
12, 247
6,430
1,429
44,451
428, 231
5,994
100
17,931
24,025
12,472
6,722
1,462
44, 681
434, 755
5,938
100
17,931
23,969
12, 597
6,976
1,490
45,032
458,192
34, 853
29, 760
29, 565
27, 311
13,029
15,010
15,812
19, 467
181
105
48,168
191
230
45,191
229
229
45,835
213
169
47,160
50,440
45, 545
45,730
45, 654
45, 545
10
45, 740
34
45, 688
40, 513
174,779
192
35,269
12, 636
33, 537
12,948
2,638
41, 257
6,457
123, 257
11, 336
2,264
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations. _.
Postal savings deposits
Deposits of tJ. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
_.
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
115,222
22
34
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
__
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
MEMORANDA
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Securities loaned
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total
..._
50,440
118
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
TEXAS
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
449 banks 447 banks 446 banks 446 banksASSETS
416, 927
403, 787
406,107
Loans and discounts
637
696
879
Overdrafts
213,022
200,477
236,536
U. S. Government securities, direct obligations
52. 621
59,347
45,102
Obligations guaranteed by U. S. Government
90,828
Obligations of States and political subdivisions
92,441
91, 280
25,410
24, 589
24,923
Other bonds, notes, and debentures
5,344
Corporate stocks, including stock of Federal Reserve bank
5,587
5,458
167,015
165, 558
171,160
Reserve with Federal Reserve bank
22, 254
23, 784
22,767
Currency and coin
Balances with other banks and cash items in process of collection._ 366, 616 370,954
407, 258
32, 554
Bank premises owned, furniture and fixtures
32, 583
32, 570
5,694
Real estate owned other than bank premises
6,207
5,988
Investments and other assets indirectly representing bank pre4,836
4,876
4,897
mises or other real estate
Customers' liability on acceptances outstanding
1,378
300
Interest, commissions, rent, and other income earned or accrued
516
671
623
but not collected
1,392
1,574
1,705
Other assets
Total assets.
1,412,645 1,399,919 1,445,473
420, 765
1,114
193,121
59.851
96,03a
24,08$
5,411
187,022
21, 63a
463, 727
32,704
5,499
4,898.
404
77a
1,912
1,518,958-
LIABILITIES
Demand deposits of individuals, partnerships, and corporations. 670,477
683,439
715,956
Time deposits of individuals, partnerships, and corporations
182,972
187, 516
180,098
2,105
2,067
Postal savings deposits
2,304
34, 658
Deposits of U. S. Government
39, 564
37,183
Deposits of States and political subdivisions
106,851
99,699
117,834
Deposits of banks
228,694
232,095
211, 705
14, 809
Other deposits (certified and cashiers' checks, etc.)
36,906
11, 768
Total deposits
_... 1,261, US 1,2^7,006 1,290,551
Demand deposits
1,064,471 1,045,692 1,085,095
Time deposits
196,672
205, 456
201,814
Bills payable, rediscounts, and other liabilities for borrowed
349
445
451
money
1
1
Mortgages or other liens on bank premises and other real estate,.
Acceptances executed by or for account of reporting banks and
302
309
1,633
outstanding
Interest, discount, rent, and other income collected but not
651
559
613
earned
2,064
2,243
2,187
Interest, taxes, and other expenses accrued and unpaid
1,239
965
1,093
Other liabilities
_
1, 266,964 1, 251, 677 1, 295,164
Total liabilities
762, 28a
183, 517
1,891
33,091
91, 50$
274,077
16, 200'
1,362,562!
1,160,274
159
4
404
2,431
731
1. 366,890
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts.
Total liabilities and capital accounts.
11, 561
6
64,567
76,134
43.411
23,172
7,592
11,086
6
64, 707
75,799
44,031
25, 304
6,934
145. 681
150,309
148, 242
1,412,645 1,399,919 1,445,473
1, 518,95S
12,952
6
64,312
77,270
41,016
20,714
12,016
6
64,402
76,424
42,132
22,976
6,710
152,068
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements
of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total
131, 836
134,534
129,361
120,838
37,852
37,998
37,057
42, 334
971
170, 659
953
173,485
945
167. 363
946
164,118
138,820
156,242
144,242
130,280
24
138,844
172
156,414
305
144,547
44
130,324
REPORT OF THE COMPTROLLER OF THE CURRENCY
119
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
UTAH
[In thousands of dollars]
Dec. 31,
1938
M a r . 29,
1939
J u n e 30,
1939
Oct. 2,
1939
13 banks
13 banks
13 banks
13 banks
22, 536
36
11,173
4,930
3,594
1.458
'205
12, 290
851
21,920
60
10,998
5,050
4.051
1, 249
209
13,172
804
22,609
35
10,172
6,645
3,961
1,261
202
9,065
775
23,838
125
11, 888
5, 659
5,826
1,058
201
8,319
774
22,431
1,164
99
20. 781
1,158
123
18,955
1,143
114
18,603
1,136
113
2,010
2,005
1,970
1,960
27
49
22
4
39
82, 804
81, 629
76, 929
79, 543
27,005
20,003
85
32
11,815
14, 830
450
74,220
53,820
20,400
26,878
20,155
85
28
11,193
14, 679
253
73,271
52,669
20,602
27,683
20,328
84
26
7,304
12, 709
330
68,464
47,766
SO, 698
31,889
20,696
84
28
5,581
12,373
414
71,065
49,998
21,067
81
104
275
81
ASSETS
Loans and discounts
Overdrafts
.
IT. S. Government securities, direct obligations.. ._
Obligations guaranteed by U. S. Government_ _ _
_
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
.. ___ _._
_
_ _ _ _ _
Balances with other banks, and cash items in process of collection
_ _ . . _ . .
Bank premises owned, furniture and fixtures
Heal estate owned other than bank premises
Investments and other assets indirectly representing bank
promises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
__. _
Other assets
Total assets
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations. __
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
_
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money. _
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
_
Other liabilities
Total liabilities
CAPITAL
Capital stock:
Preferred stock __ _
Common stock
65
80
127
34
74,680
73, 538
68,680
71, 326
1,113
2, 761
8,874
1,957
1,393
900
1,053
2,821
3,874
2,107
1,272
838
1,053
2,821
S. 874
2,110
1,379
886
1,003
2,821
S, 824
2,165
1,356
872
ACCOUNTS
_. _
Total capital stock.
•Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
_
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
.
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
_
Total
_
•Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
_.. ._
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
20
79
107
30
8,124
8, 091
8,249
8,217
82. 804
81, 699
76, 929
79, 543
187
186
208
301
116
116
113
133
79
79
79
79
382
381
400
513
244
240
210
335
244
240
210
355
20
120
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
VERMONT
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
J u n e 30,
Oct. 2,
1939
42 banks 42 banks 42 b a n k s 42 b a n k s
ASSETS
Loans and discounts
---Overdrafts
U. S. Government securities, direct obligations..
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
.-.
Currency and coin
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures..
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
--.
-Total assets.
24,273
5
9,676
2,667
2,658
10,453
339
5,387
1,200
24,853
7
8, 272
2,694
3,076
10,145
319
5,539
1,242
6,795
1,037
328
7.869
^036
313
38
34
134
100
145
104
65,052
65,652
129
52
65, 963
18, 917
16,442
34, 909
146
381
1,812
836
560
55,086
19, 793
85, 293
15, 749
35,497
130
389
2,322
797
534
55,418
19,553
35,865
16,159
35, 348
111
486
2,168
792
587
55,651
19,821
35,830
18, 425
35,498.
112
420
2,644
839'
527
58, 46522,487
35,978
25,919
4
8,122
2,439
3,526
9,722
319
5,809
1,173
7,389
1,031
292
26, 262
8-
7,621
2,130'
3,123
9.123
3187,4861, 213
10, 0701,037
300'
34
64
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations. __
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities _
64
97
90
10
110
5
67
73
64
55,945
7255
958,611
644
100
4,485
5,229
2,674
1,500
615
55,345
55,699
663
100
4,479
9,707
644
100
4, 480
5,22k
2,638
1,599
492
9,953
10, 018
65,052
65, 652
65, 963
632
100'
4,485
5,217
2,679*
1,651
75£
10,306.
68, 917
1,124
1,065
1,170
1,136.
413
399
419
285
198
1,735
293
102
1,757
1,691
1, 590
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
_
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
5,242
2,633
1,393
439
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities...
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
1,246
1,196
1,182
60
97
90
1,359
1, 343
1, 2SG
10
1,192
121
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
VIRGINIA
[In thousands of dollars]
Dec. 31,
1938
M a r . 29, June 30,
1939
1939
Oct. 2,
1939
131 banks 131 banks 130 banks 130 banks
ASSETS
Loans and discounts
_
Overdrafts
_
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions_..
Other bonds, notes, and debentures..
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
.
Balances with other banks, and cash items in process of collection
B ank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
151,649
43
79,008
14,231
14, 791
15,453
2,430
43,733
7,653
152,132
63
79,088
15, 219
14,614
15,032
2,431
42, 391
157,446
31
64,858
15,454
15, 553
14, 516
2,462
54, 712
7,604
160,165
52
64,627
14,972
15,494
14,319
2,464
53, 342
7,781
62,928
9,051
3,181
63,940
9,091
3,209
68,292
9,054
3,075
78,338
9,166
2,969
19
944
14
947
17
451
857
406,417
533
970
408,477
418
949
415,388
901
18
459
1,139
426, 206
129,273
142,314
743
3,624
27,663
47,027
5,037
855,681
204,527
151,154
132,888
144, 936
743
3,620
25, 587
46,133
3,112
S57,019
203,296
153,723
139,830
146,165
489
3,596
26,603
42,239
4,960
363,882
208,424
155,458
150,378
144,694
507
3,611
20, 740
50,324
3,533
378,787
219,766
154,021
208
4
62
271
382
19
17
18
343
446
357, 299
777
264
358, 522
418
367
527
365,482
506
723
127
375, 543
1,614
13
23, 245
24, 872
15,813
6,033
2,400
49,118
406,417
1,402
13
23,396
24, 811
16, 202
6,633
2,309
49, 955
408,477
1,369
13
23,340
24,722
16,433
6,258
2,493
49, 906
415,388
1,361
ia
23, 345
24,719
16,475
6,981
2,488
50,663
426, 206
27,974
28,982
28, 468
27, 368
9,118
9,446
9,781
9,350
3,075
40,167
3,103
41, 531
3,172
41,421
3,203
39,921
28,799
29,895
29, 277
26,500
207
19
29,025
60
264
29,955
29, 541
160
4
26, 664
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
Capital stock:
CAPITAL ACCOUNTS
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
_
_
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Other liabilities secured by pledged assets
Total
._
122
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
VIRGIN ISLANDS OF THE UNITED STATES
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
1939
1 bank
1 bank
1 bank
lbank
586
140
547
113
634
658
113
15
188
175
ASSETS
Loans and discounts
TJ. S. Government securities, direct obligations .-_ _
'Obligations guaranteed by XT. S Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
.
Currency and coin
.Balances with other banks, and cash items in process of collection
-3 a n k premises owned, furniture and fixtures
Real estate owned other than bank premises
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
330
179
375
210
113
15
304
163
205
13
5
276
13
5
386
12
4
414
12
5
12
1
13
2
3
19
2
2
1, 473
1, 559
1,646
1,584
168
822
50
207
5
192
841
96
210
2
202
895
68
244
4
1,252
369
8S3
2
7
1,261
1,341
439
902
6
1,413
458
955
3
6
196
862
73
208
10
3
1,352
430
92?
4
6
1,347
1,422
1,362
122
28
150
17
12
33
121
29
150
17
15
30
121
29
150
19
15
40
121
29
150
19
15
38
LIABILITIES
Demand deposits of individuals, partnerships, and corporationsTime deposits of individuals, partnerships, and corporations
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
- -•Other deposits (certified and cashiers' checks, etc.) _-. ._
Total deposits
Demand deposits
.-- -.
-- Time deposits
Interest, taxes, and other expenses accrued and unpaid
>Other liabilities
Total liabilities
CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock
Total capital stock
--- Surplus
Undivided profits
_
Reserves and retirement account for preferred stock
-
Total capital accounts
Total liabilities and capital accounts
212
212
224
222
1,473
1,559
1,646
1,584
MEMORANDA
Pledged assets: XJ. S. Government obligations, direct and guaranteed, pledged to secure deposits and other liabilities
Total.
^Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total
113
113
113
113
113
113
113
113
50
96
68
73
50
96
68
73
123
REPORT OF THE COMPTROLLER OF THE CURRENCY
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1939—Continued
WASHINGTON
[In thousands of dollars]
Dec. 31,
Mar. 29,
1939
June 30,
1939
Oct. 2,
48 banks 47 banks 46 banks 45 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations..
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks, including stock o Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash itrems in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
-.-.
Other assets
Total assets
134,889
101
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits.
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
Interest, taxes, and other expenses accrued and unpaidOther liabilities
Total liabilities.
9,783
22,587
12,616
!, 466
43,206
8,701
133,922
130
100,357
14,459
23,443
12,128
1,438
43,863
9,331
142,233
125
98,032
14,844
21,304
11,238
1,440
45, 562
8,890
153,869
200
97,231
16,151
22,526
9,361
1,336
49,626
8,533
93,135
8,002
980
95,463
8,018
958
98,835
7,932
850
107,009
7,902
841
6
131
154
305
108
559
731
431,793
907
834
445,405
650
536
452,776
873
605
476,171
179,270
123,278
442
6,074
28,039
48,852
3,727
889,682
264,967
124,715
170,711
122, 463
405
94,900
181,545
125,131
400
6,771
52,498
42,651
45,759
49,331
3,032
3,343
401,656 409,172
277, 880 282,183
124,326
126,989
201,282
128,293
251
6,753
36,486
55,546
3,625
482,236
802,574
129,662
37
190
447
488
377
312
115
564
728
501
403,639
551
395
411,156
1,908
12
20,675
22,595
9,091
5,824
3,121
40,631
1,810
12
20,634
22,456
9,385
6,686
3,239
41, 766
2,155
12
20,434
22,601
9,361
6,102
3,556
41, 620
2,127
12
20,389
431, 793
445,405
452, 776
476,171
53,498
69,152
71,653
63,381
9,131
10,022
10,299
9,252
79
62, 708
314
79,488
54
82,006
72, 642
39,147
39,147
64, 595
64,595
54,785
54, 785
48,976
48,976
391,162
744
852
393
434, 340
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock-.
_
_.
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts.
9,862
5,837
3,604
41,831
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities..
Total
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total205927—40
124
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
WEST VIRGINIA
[In thousands of dollars]
Dec. 31,
1938
Mar. 29,
1939
June 30,
1939
Oct. 2,
79 banks 78 banks 78 banks 77 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collectionBank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
_.
Interest, commissions, rent, and other income earned or accrued
but not collected..
Other assets—
Total assets.
65,810
9
25,543
8,430
6,731
10, 570
1,361
14,067
4,609
64,055
17
24, 271
9,408
6,802
10,234
1,383
15, 513
5,267
66,922
12
21, 696
9,678
7,284
9,984
1,353
15,144
4,699
68,235
18
20,608
9,115
7,326
8,970
1,312
14,166
5,075
29,284
5,292
3,043
34, 868
5,342
3,001
36, 879
5,278
2,948
43, 650
5,252
2,840
65
59
6
55
54
55
48
175, 258
180, 640
52
341
182,325
61
533
187, 215
65, 714
59, 459
1,100
2,209
12, 657
6,943
2,787
150,869
89,837
61,032
70,508
61, 266
1,052
2,188
12,175
7,196
• 1,771
156,156
93, 365
62,791
70, 222
61, 678
925
2,206
13,920
6,806
1,846
157,603
94,522
63, 081
76,060
61, 863
881
2,212
11,310
8. 354
1,620
162,300
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits.-.Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities.
Total liabilities..
143
130
202
155
151, 499
198
33
156, 545
147
217
133
158,100
148
277
39
162, 764
2,192
160
10,461
12, HIS
6,653
2,742
1,551
23, 759
175, 258
2,010
160
10,469
12,639
6,919
3,081
1,456
24,095
180, 640
2,007
160
10, 470
12,637
7,203
2,797
1,588
24,225
182,325
1,901
160
10, 396
12,457
7,245
3, 235
1, 514
24,451
187, 215
13,106
13, 797
13,343
13, 727
J52
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Coirmon stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total
._..
3,975
3,975
4,220
145
17,119
119
17, 891
133
17,451
138
18, 085
14,049
13, 478
14,051
13,083
100
14,149
13,478
14,051
13,083
BEPOET OF THE COMPTROLLER OF THE CURRENCY
125
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1989— Continued
WISCONSIN
[In thousands of dollars]
Dec. 31, Mar. 29. June 30,
1939
1939
1938
Oct. 2,
1939
105 banks 105 banks 105 banks 105 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
_.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
93,204
72
174,019
17,850
18, 559
65, 540
1,852
57,562
96,753
33
156,365
24,207
19, 292
1,842
66,478
10,158
95,847
24
153,139
25, 540
22,887
70,761
1,807
68, 554
9,029
100, 223
37
151,475
22,472
23,046
66, 511
1,824
80,941
8,769,
91,839
10,884
1,686
109,269
10,843
1,635
106,232
10,846
1,575
110,943
10,799
1,510
120
31
148
295
20
1,120
2,413
545,689
1,375
1,440
568, 574
1,242
1,009
568,807
282
17
1,451
1,323
581,637
194,652 182, 640 195, 720
197,357 195, 506 196, 629
488
412
540
12,172
12,108
11,761
51,618
42, 217
27,008
64,486
59,893
54,022
4,659
4,912
4,813
490,158 511,569 511, 891
290, 781 813, 705 812,870
199,422 197, 864 199,021
213, 304
199,827
381
12,029
26, 208
66, 972
4,737
528,458
821,848
202,110
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings depositsDeposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Mortgages or other liens on bank premises and other real estate- Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
38
20
20
1
20
17
209
636
1,502
492, 589
225
1,189
1,230
514, 272
256
703
582
513,452
257
1,187
525
525,444
10,524
85
22, 075
82,684
10,991
6,147
3,278
53,100
545, 689
10,447
85
22,158
32,690
11,111
7,261
3,240
54, 302
568, 574
10,443
85
22, 229
32,757
11,199
7,809
3,590
55, 355
568, 807
10, 200
85
22, 248
32, 583
11, 406
8,493
3,761
56,193
581, 637
16, 794
18, 671
19,034
19, 258
1,591
1,033
1,055
1,055
1,575
19, 960
1,577
21, 281
1,565
1,589
21,902
14,841
16,147
38
14,879
20
16,167
31
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
t
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total.
16, 428
16,195
16,428
126
REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1939—Continued
WYOMING
[In thousands of dollars]
Dec. 31,
Mar. 29, June 30,
1939
1939
26 banks 26 banks
ASSETS
Loans and discounts
-Overdrafts
_
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises _
Investments and other assets indirectly representing bank
premises or other real estate. _
Interest, commissions, rent, and other income earned or accrued
but not collected
._
Other assets
Total assets.
15,615
Oct. 2,
26 banks
3,129
1,439
142
6,614
1,429
15,720
18
8,174
1,196
3,178
1,369
144
5,853
1,474
16,289
12
7,905
1,313
3,060
1,256
144
5,725
1,445
16, 213
27
8,108
1,433
3,352
1,215
146
6,235
1,186
14,638
708
19
13, 696
707
19
14,472
684
16
15, 769
684
13
182
182
182
182
20
27
25
26
33
20
39
23
53, 535
51,781
52, 556
54,625
19,049
14,458
44
206
8,334
5,493
285
1,7, 869
32,758
15, lit
18,476
14, 571
45
281
7,903
4,531
340
46,147
30, 868
15,279
19,221
14,710
45
282
7,769
4,404
300
46,731
31,347
15,384
22,271
14,661
46
279
6,522
4,672
303
48,754
33, 422
15,332
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
_
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
money
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
50
48,002
Total liabilities.
67
81
10
1
46, 218
46,919
48,913
CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
_
_
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
_
Reserves and retirement account for preferred stock.
Total capital accounts
283
200
2,122
2,605
1,687
1,034
207
Total liabilities and capital accounts.
51, 781
238
200
2,132
2,570
1, 783
1,087
197
5,637
224
200
2,146
2,570
1,789
1,179
174
5,712
52,556
54,625
z
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities.
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
-
240
200
2,130
2,670
1,725
1,108
160
5,563
7,454
7,151
7,082
7,171
1,742
2,036
2,168
2,136
9,319
9,376
2
9,196
9,189
z
8,323
8,323
8,180
8,180
7,855
6,771
50
67
7,905
TABLE NO. 18.—Principal items of assets and liabilities of national banks classified according to deposits, June 30, 1939
SUMMARY
[In thousands of dollars]
Loans and investments
Number
of banks
Total
Deposits of $250,000 and less
Deposits of over $250,000 but not over $500,000
Deposits of over $500,000 but not over $750,000-..
Deposits of over $750,000 but not over $1,000,000. _
Deposits of over $1,000,000 but not over $2.000,000._
Deposits of over $2,000,000 but not over 5,000,000. _.
Deposits of over $5,000,000 but not over $10,000,000.
Deposits of over $10,000,000 but not over $50,000,000.
Deposits of over $50,000,000
_
Total United States
_
424
933
738
543
1,115
851
309
220
70
68,151
291,647
382,904
387,132
1,265,459
2,053, 280
1,647,051
3,077,784
11,907,834
5,203
21,081,242
U. S. GovLoans and
Other
discounts, in- ernment obcluding redis- ligations- bonds and
direct and
counts and
securities
overdrafts
guaranteed
43,946
169,919
202,104
197,448
603, 527
905, 332
699,016
1,321,897
4,409,826
8,553,015
11,737
55,101
81,230
86,607
318,879
591, 333
553,824
1,213, 246
5,841,680
8,753,637
12,468
66,627
99,570
103,077
343,053
556,615
394,211
542,641
1,656, 328
3,774,590
Cash balances with
other banks,
including re- Total assets
Capital
stock
Federal Re-
26,872
98,635
114,121
418,779
142,103
542,439
146,001
551,857
494,134
1,821,108
830,196
2,992, 300
708,635 2,449,378
1, 762,164 5,007,280
6,836,358 19, 237,186
11,060,584 33,118,962
Surplus,
profits,
and reserves
Total deposits
14,363
40,950
44,362
41,614
124,561
180,767
142,158
230,742
739,664
7,288
27,695
37,466
36,268
118,263
201,437
140,217
254, 552
999,423
76,276
348,920
459,337
472,430
1,574,399
2,601,166
2,158,603
4,500.934
17,223,618
1,559,181
1,822,609
29,415,683
1
w
O
O
o
Kj
TABLE N O . 18.—Principal items of assets and liabilities of national banks classified according to deposits, June 30, 1989—Continued
DEPOSITS OF $250,000 AND LESS
[In thousands of dollars]
Cash, balances with
other banks,
U. S. Govincluding re- Total assets
Loans and
Other
serves with
discounts, in- ernment obcluding redis- ligations— bonds a n d Federal Redirect and
serve bank
counts and
securities
guaranteed
overdrafts
Loans and investments
Number
of banks
New England
Vermont
Massachusetts.
Rhode Island
Connecticut __
Middle Atlantic
New York
New Jersey
Pennsylvania
Maryland
North Central
Michigan . _
Wisconsin
.
Illinois
Indiana
Ohio
Southern Mountain
West Virginia
Virginia
Kentucky
Tennessee
Southeastern
Georgia
Florida
Alabama
Southwestern..
Louisiana
Texas
_ _
Arkansas
Oklahoma
_
_.
_
.
_
__
_
__ .
__ .
._
16
5
3
3
1
4
61
20
2
28
1
36
1
3
16
7
9
21
5
6
5
5
11
2
1
8
187
1
87
5
44
Total
8,182
1,063
596
500
133
890
10,677
4,200
414
5,851
212
6,057
174
540
2,547
1,126
1,670
3,868
985
1,105
896
867
1,828
366
150
1,307
19,664
178
13,226
573
5,687
1,918
748
397
235
92
446
5,686
2,021
273
3,286
56
8,500
63
374
1,311
780
972
2,718
654
738
690
631
1,268
244
84
930
14,413
176
10,140
268
3,829
498
80
47
136
25
210
1,771
840
40
864
27
1,194
32
67
653
261
181
Q00
235
221
133
11
199
89
44
66
2,819
1,287
102
930
766
235
152
129
16
234
8,270
1,339
101
1,701
129
1,863
79
99
583
85
517
540
96
146
73
225
866
33
22
311
2,982
2
1,799
203
928
1,05ft
357
118
139
53
390
2,612
953
111
1,403
45
1,981
22
163
1,012
399
385
1,810
291
383
321
315
881
203
116
512
9,026
87
5,278
511
3,150
4,828
1460
727
645
187
1,304
18,818
5,328
564
7,660
261
8,886
202
743
3,732
1,564
2,095
5,898
1,371
1,552
1,255
1,220
2,806
600
273
1,933
29,628
273
19,178
1,142
9,035
Capital
stock
915
265
125
125
100
300
1,982
683
105
1,119
25
1,145
45
110
535
175
280
799
200
224
200
175
890
75
25
290
4,4*6
50
3,035
185
1,155
Surplus,
profits,
and reserves
656
213
97
123
38
185
1,180
508
20
585
17
485
27
195
93
169
860
89
98
106
67
$80
66
34
180
2,416
18
1,775
84
539
Total deposits
2,666
912
504
386
49
815
10,660
4,012
424
5,906
218
6,708
156
606
3,001
1,296
1,644
4,214
1,082
1,229
948
955
2,116
459
214
1,443
22,600
203
14,220
873
7,304
w
o
o
g
3
H
H
O
i
*
Western Grain
Minnesota
North Dakota
South Dakota
Iowa
Nebraska
Missouri
Kansas
Rocky Mountain
Montana
Wyoming
Colorado
New Mexico
Utah
Pacific Coast _ _
Oregon
California
United States
.
_
__
__
__
_
__
122
8
13
12
5
31
10
43
23
10
1
9
2
1
7
3
4
18,197
1,454
1,580
1,846
889
4,888
1,500
6,040
8,688
1,493
139
1,472
217
212
1,165
507
658
11,843
762
877
1,009
507
3,232
1,027
3,929
2,278
860
96
984
188
150
887
362
525
1300
248
462
384
172
1,168
326
1,540
702
294
41
285
27
55
154
92
62
2,654
444
241
453
210
488
147
571
558
339
2
203
2
7
124
53
71
8,044
423
787
641
410
1,994
528
3, 261
1,562
681
80
643
106
52
549
218
331
27,259
1,964
2,526
2,598
1,337
7,133
2,116
9,585
6,286
2,271
224
2,173
348
270
1,786
746
1,040
8,871
253
372
393
175
1,077
382
1,219
676
311
25
265
50
25
210
75
135
1,566
92
193
100
104
426
118
533
290
115
26
102
14
33
105
42
63
21,727
1,617
1,958
2,104
1,058
5,591
1,587
7,812
424
68,151
43,946
11,737
12,468
26,872
98,635
14,363
7,288
76, 276
4J54
1,829
172
1. 758
284
211
1,436
629
807
s
if
fed
a
o
W
to
TABLE N O . 18.—Principal items of assets and liabilities of national banks classified according to depositst June 80t
1939—Continued
[In thousands of dollars]
Cash, balances with
other banks,
including re- Total assets
Loans and
U. S. Govserves with
Other
discounts, in- ernment obcluding redis- ligations— bonds and Federal Reserve bank
counts and
direct and
securities
overdrafts
guaranteed
Loans and investments
Number
of banks
New England
Maine
New Hampshire
Vermont
Massachusetts
Connecticut
Middle Atlantic _ _
New York
New Jersey
Delaware _ _
Pennsylvania
Maryland
North Central
Michigan
Wisconsin _
Illinois
Indiana
Ohio _ _
Southern Mountain _
West Virginia _
Virginia
Kentucky
Tennessee.
__
Southeastern
.
North Carolina
South Carolina
Georgia
__
FloridaSouthwestern __ _.
Louisiana
Texas
Arkansas
Oklahoma
_
_
_ ..
__
.
.
.
__ _
__
.
_
-
_ .,
___
_-
35
2
11
10
9
3
193
66
13
3
104
7
138
9
11
60
22
36
70
13
23
19
15
39
4
3
17
4
11
181
1
102
7
71
Total
12,902
519
3,739
4,065
3,515
1,064
69,484
23,446
4,565
995
37, 777
2,701
42,659
3,100
3,737
17, 348
6,697
11, 777
21,790
3,985
6,723
6, 289
4,793
11,960
1,172
748
5,425
1,113
3,502
49,041
309
29,179
2,066
17,487
6,388
293
2,239
2,109
1,166
581
35,801
12,503
2,371
519
18,916
1,492
23,046
1,226
1,889
9,761
3,869
6,301
14,183
2, 200
4,930
3,931
3,122
8,394
770
517
3,761
622
2,724
30, 730
56
19,086
1,314
10, 274
1,951
44
430
403
791
283
12,614
4,612
766
107
6,462
667
9,715
1,045
846
3,959
1,693
2,172
3,453
814
1,038
1,125
476
1,817
188
70
925
343
291
7,260
109
3,913
179
3,059
4,563
182
1,070
1,553
1,558
200
21,069
6,331
1,428
369
12,399
542
9,898
829
1,002
3,628
1,135
3,304
4,154
971
755
1,233
1,195
1,749
214
161
739
148
487
11, 051
144
6,180
573
4,164
CO
O
DEPOSITS OF OVER $250,000 BUT NOT OVER $500,000
4,404
303
1,275
1,201
1,211
414
17,859
6,691
1,395
284
8,701
788
16,678
827
1,050
8,105
2,639
4,057
7,802
1,453
2,102
2,488
1,759
5,397
461
443
2,106
798
1,589
27,708
177
15,603
1,047
10,881
17,846
837
5,223
5,456
4,806
1,524
90, 782
31,078
6,249
1,328
48, 603
3,524
61,056
4,061
4,937
26,144
9,621
16, 293
30,849
5,715
9,165
9,122
6,847
17,980
1,679
1,208
7,807
1,986
5,300
78,822
500
46,152
3,196
28,974
Capital
stock
2,537
75
720
780
667
295
9,756
3,532
736
226
4,952
310
5,649
410
495
2,324
805
1,615
3,010
585
924
909
592
1,920
150
100
950
210
510
7,383
50
4,841
250
2,242
Surplus,
profits,
and reserves
2,135
108
523
639
617
248
7,106
2,187
361
64
4,253
241
3,377
175
202
1,356
576
1,068
1,828
241
482
758
347
1,42?
112
79
788
101
343
5,294
27
3,477
162
1,628
Total deposits
13,057
652
3,959
3,960
3,509
977
73,652
25,123
5,146
1,037
39,373
2,973
51,916
3,474
4,236
22,398
8,230
13,578
25,916
4,887
7,679
7,443
5,906
14,576
1,412
1,027
6,021
1,671
4,445
65,964
419
37,689
2,784
25,072
Western Grain
Minnesota
North Dakota._
South Dakota-Iowa
Nebraska
Missouri
Kansas
Rocky Mountain,._
Montana
Idaho
Wyoming
Colorado
New Mexico
Utah
Nevada
Pacific Coast
Washington
Oregon
California
United States
207
52
15
14
16
41
19
50
43
5
4
18
5
3
1
27
10
5
12
63,342
17, 568
4,084
4,062
5,276
12,133
5,807
14, 412
11,979
1,715
1,162
1,303
5,108
1,514
875
302
8,490
3,242
1,572
3,676
291,647
38,170
9,598
1,894
2,207
3,565
8,105
3,699
9,102
7,844
1,059
833
766
3,296
1,126
703
61
5,363
1,788
1,017
2,558
169,919
14, 827
3,758
1,193
775
1,008
2,951
1,352
3,790
2,174
223
173
224
989
222
130
213
1,290
718
233
339
10,345
4,212
997
1,080
703
1,077
756
1,520
1,961
433
156
313
823
166
42
28
1,837
736
322
779
23,987
4,969
1,602
1,587
1,619
5,146
2,694
6,370
6,983
1,033
666
775
3,420
556
298
235
3,303
1,359
624
1,320
89,812
23, 243
5,960
5,812
7,033
17, 701
8,727
21,336
19,391
2,835
1,913
2,141
8,639
2,093
1,219
551
12,241
4,706
2,267
5,268
55,101
66,627
114,121
418, 779
160
100
50
1,032
357
175
500
4,752
905
268
305
408
1,000
498
1,368
1,092
90
66
155
503
126
118
34
688
249
147
292
76,799
20, 404
5,107
5,060
6,076
14, 812
7,401
17,939
16,561
2,458
1,655
1, 778
7,445
1,761
996
468
10,480
4,097
1,943
4,440
40,950
27, 695
348,920
8,041
1,904
580
444
545
1,794
820
1,954
1,622
285
185
205
637
s
Q
O
W
3
Q
OO
TABLE N O . 18.—Principal items of assets and liabilities of national banks classified according to deposits, June SO, 1939—Continued
to
DEPOSITS OF OVER $500,000 BUT NOT OVER $750,000
[In thousands of dollars]
Cash, balances with
other banks,
including reLoans and
U. S. Govserves with Total assets
discounts, in- ernment obOther
cluding redis- ligations— bonds and Federal Recounts and
direct and
securities serve bank
overdrafts
guaranteed
Loans and investments
Number
of banks
Total
New England
Maine
New Hampshire
Vermont
MassachusettsRhode Island—.
Connecticut
Middle Atlantic
New York
New Jersey
Delaware
Pennsylvania
Maryland
North Central
Michigan
Wisconsin
Illinois
Indiana
Ohio
Southern Mountain.
West Virginia...
Virginia
Kentucky
Tennessee
Southeastern
North CarolinaSouth Carolina. .
Georgia
Florida
Alabama
Mississippi
86
4
9
5
11
2
5
191
55
22
5
98
11
125
10
15
47
15
38
67
10
25
13
9
27
2
3
9
5
7
1
20.156
1,981
4,904
2,923
5,828
1,266
3,254
111,085
32.157
12,036
57,858
6,346
65,232
5,648
7,451
23,854
7,637
20,642
81,283
5,679
13,701
6,954
4,949
13,908
1,112
1,413
5,170
2,089
3,564
555
10,903
1,165
3,071
1,650
3,260
531
1,226
51,909
15,289
4,939
1,509
27,424
2,748
82,218
1,977
3,717
10,871
4,256
11,392
19,664
3,627
8,758
4,331
2,948
9,360
476
663
3/907
1,127
2,958
229
8,718
253
839
537
1,065
115
909
21,807
6,711
3,114
283
10,251
1,448
17,772
1,835
1,764
7,854
1,650
4,669
5,610
1,102
2,771
1,401
336
2,096
101
293
693
543
286
180
6,585
563
994
736
1,503
620
1,119
37,869
10,157
3,983
896
20,183
2,150
15,247
1,836
1,970
5,129
1,731
4,581
6,009
950
2,172
1,222
1,665
2,U7
535
457
570
419
320
146
7,315
1,131
1,900
599
2,173
548
964
27,877
8,664
3,438
817
13,411
1,547
24,064
1,464
2,655
10,700
2,902
6,343
9,146
1,574
3,679
2,307
1,586
6,061
1,845
1,474
1,421
136
28,610
3,201
7,207
8,226
1,839
4,415
144, 741
42,082
16,089
3,768
74, 671
8,131
91,692
7,299
10,369
35,394
10,784
27,846
42,385
7,622
18,239
9,670
6,804
20,705
1,635
2,168
7,208
3,798
5,162
734
Capital
stock
2,914
320
675
403
845
220
451
12,489
4,010
1,392
408
6,047
632
7,909
485
670
3,872
779
2,103
Sr690
773
1,443
935
539
1,844
150
200
716
307
375
Surplus,
profits,
and re-
8,880
233
862
213
855
345
822
11,456
3,356
915
358
6,260
567
5,416
351
548
2,159
571
1,787
2,681
377
1,145
636
473
1,601
161
136
558
293
410
43
Total deposits
22,W
2,644
5,630
2,976
6,504
1,265
3,124
120,487
34,583
13,738
3,000
62,237
6,929
78,281
6,462
9,133
29,348
9,423
23,915
85,928
6,461
15,619
8,063
5,785
17,208
1,312
1,832
5,923
3,173
4,373
Southwestern
Louisiana
Texas
Arkansas
Oklahoma
Western Grain
Minnesota
North Dakota..
South Dakota. _
Iowa
Nebraska
Missouri
Kansas
Kocky Mountain...
Montana
Idaho
Wyoming
Colorado
New Mexico
Utah
Nevada
__
Pacific Coast
Washington
Oregon
California
United States
115
4
69
13
29
124
38
2
3
24
21
7
29
88
8
5
9
12
2
1
1
25
4
4
17
738
52,850
1,847
32,144
5,945
12,914
59,502
20,377
1,001
1,303
11,794
9,549
3,098
12,380
16,782
3,672
2,576
4,354
4,623
789
523
195
12,161
2,000
1,431
8,730
30,879
700
19, 263
3,944
6,472
31,745
8,844
409
745
7,878
6,034
1,730
6,105
9,261
1,554
1,292
2,734
2,694
543
318
126
6,670
977
576
5,117
382,904
202,104
8,109
272
4,732
643
2,462
14,736
5,283
371
372
1,802
2,162
813
3,933
4,439
1,811
14,862
875
8,149
1,358
3,980
18,021
6,250
221
186
2,114
1,353
555
2,342
3,082
947
542
457
890
82
85
29
2,548
322
424
1,802
81,230
99, 570
1,171
742
1,163
1,039
164
120
40
2,948
701
431
28,047
958
16,857
2,780
7,452
24,455
5,308
397
470
4,428
5,402
1,275
7,175
10,007
1,894
1,050
2,119
3,633
462
215
634
5,131
936
922
3,273
142,103
82,971
2,917
50,362
8,983
20,709
86,191
26,491
1,491
1,832
16,521
15,188
4,556
20,112
27,419
5,773
3,698
6,590
8,438
1,314
774
832
17,875
2,991
2,434
12,450
542,439
6,228
200
3,929
736
1,358
5,954
1,667
100
150
1,135
955
442
1,505
1,885
415
205
390
630
95
50
100
1,454
267
150
1,037
44,362
6,826
135
3,914
534
1,243
4,582
1,215
49
50
845
1,251
228
944
1,697
323
214
496
436
76
35
17
1,027
183
91
753
37,466
70,515
2,576
42,327
7,543
18,069
76,559
23,559
1,337
1,629
14,537
12,965
3,882
17,650
28,862
5,028
3,276
5,631
7,370
1,143
689
715
15, 864
2,540
2,190
10,634
W
459,337
W
O
CO
00
TABLE N O . 18.—Principal items of assets and liabilities of national banks classified according to deposits, June 30, 1939—Continued
DEPOSITS OF OVER $750,000 BUT NOT OVER $1,000,000
CO
tf
[In thousands of dollars]
Cash, balances with
other banks,
including reXJ. S. GovLoans and
serves with Total assets
discounts, in- ernment obOther
cluding redis- ligations- bonds and Federal Redirect and
counts and
securities serve bank
guaranteed
overdrafts
Loans and investments
Number
of banks
Total
New England
Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island....
Connecticut
Middle Atlantic
New York
New Jersey
Delaware
Pennsylvania
Maryland
North Central
Michigan
Wisconsin
Illinois
Indiana
Ohio
Southern Mountain.
West Virginia.Virginia
__.
Kentucky
Tennessee
Southeastern
North CarolinaSouth Carolina..
Georgia
Florida
Alabama
Mississippi
88
3
6
4
14
1
5
170
57
25
2
78
8
95
8
11
36
15
25
a
ii
15
9
27
4
2
2
6
10
3
26,226
2,409
4,728
3,217
10,966
874
4,032
181,215
44,094
18,992
1,716
60,154
5,564
24,093
10,277
18,237
88,489
7,431
8,292
11,738
6,028
18,012
2,625
1,377
1,369
3,671
2,080
18,466
742
2,513
1,557
5,396
710
2, Ml
69,810
20,757
7,864
693
26,943
3,053
81,871
2,849
3,099
11,205
4,638
9,580
21,678
4,343
5,735
6,918
4,677
10,196
1,196
617
1,105
1,760
4,477
1,041
5,000
562
890
518
2,342
65
623
29,671
10, 726
4,620
408
12,354
1,463
16,569
1,239
1,461
6,306
3,404
4,159
6,071
1,999
1,136
2,424
512
3,187
512
347
178
853
982
315
7,761
1,105
1,325
1,142
3,228
99
862
42,884
12, 611
6,508
615
20,857
1,743
18,520
1,476
3,729
6,582
2,235
4,498
5,745
1,089
1,421
2,396
839
4,629
917
413
86
1,058
1,431
724
9,483
889
1,681
995
4,432
173
1,263
88,887
14,145
5,643
267
16,519
1,763
24,220
2,003
2,161
9,637
4,276
6,143
12,271
3,057
2,613
4,229
2,372
8,90S
1,534
379
713
2,413
3,070
794
86,692
3,382
6,628
4,324
15,814
1,048
5,496
177,148
60,474
26,151
2,147
80,062
8,314
98,361
7,777
10,952
34,619
14,939
25,074
47,885
10,926
11, 340
16,367
8,752
27,746
4,274
1,809
2,099
6,345
10,270
2,949
Capital
stock
8,898
383
675
400
1,315
100
520
15,222
5,748
2,413
175
6,451
435
6,198
512
759
2,151
923
1,853
3,496
831
870
1,240
555
1,982
310
111
225
475
694
167
Surplus,
profits,
and reserves
3,696
392
811
342
1,580
62
509
12,885
4,329
1,326
266
6,200
714
5,012
378
463
1,729
800
1,642
3,212
615
723
1,258
616
1,781
278
95
167
334
757
150
Total deposits
29,812
2,592
5,028
3,578
12, 778
886
4,450
148,623
50,201
22,256
1,704
67,308
7,154
82,021
6,842
9,726
30,717
13,195
21,541
40,557
9,473
9,733
13,795
7,556
28,858
3,667
1,561
1,704
5,481
8,814
2,631
8
H
O
O
3
a
Southwestern
Louisiana
Texas
Arkansas
OklahomaWestern Grain
Minnesota
North DakotaSouth Dakota. _
Iowa
Nebraska
Missouri
Kansas
Rocky MountainMontana
Colorado
New Mexico
Arizona
Utah
Nevada
Pacific Coast
Washington
Oregon
California
United States
34,441
617
25,188
996
7,640
50, Oil
18, 733
2,602
749
10, 368
7,377
4,307
5,875
9,567
1,105
4,695
595
747
1,854
571
17,711
5,285
991
11,435
543
387,132
19,058
466
14,888
606
3,098
25,930
7,677
1,085
464
6,300
4,824
2,011
3,569
5,274
143
2,538
411
499
1,326
357
11,171
3,278
418
7,475
197,448
6,283
15
4,451
84
1, 733
14,184
6,087
1,068
227
2,025
1,749
1,518
1,460
2,289
705
980
158
31
302
113
3,503
1,023
347
2,133
86, 607
9,100
136
5,849
306
2,809
9,947
4,969
449
58
2,043
804
778
846
2,004
257
1,177
26
217
226
101
8,087
984
226
1,827
103,077
20,046
281
15,126
816
3,823
19,968
5,191
1,156
198
4,130
3,198
1,671
4,424
5,740
857
3,010
261
147
1,057
408
7,083
2,089
811
4,183
146,001
55,907
924
41,480
1,846
11, 657
72,067
24, 732
3,969
992
14,865
10,728
6,154
10, 627
15,780
2,027
7,898
874
906
3,062
1,013
25,771
7,581
1,839
16,351
551,857
8,986
85
3,126
100
675
4,405
1,345
352
50
890
628
380
760
998
100
564
50
25
199
60
1,934
435
100
1,399
41, 614
8,628
46
2,886
61
630
3,741
1,253
118
122
643
722
336
547
790
152
310
42
50
179
57
1,578
481
64
1,033
36,268
48,240
794
35,421
1,685
10, 340
68,840
22,088
3,489
814
13, 323
9,372
5,440
9,314
18,980
1,774
7,016
783
831
2,681
895
21,999
6,625
1,666
13, 708
O
o
H
472,430
W
CO
en
TABLE NO. 18.—Principal items of assets and liabilities of national banks classified according to deposits, June SO, 1939—Continued
DEPOSITS OF OVER $1,000,000 BUT N O T OVER $2,000,000
00
O
[In thousands of dollars]
Cash, balances with
other banks,
Loans and
U.S. Govincluding rediscounts, in- ernment obOther
serves with l otai assets
cluding redis- ligations- bonds and Federal Recounts and
direct and
securities
serve bank
overdrafts
guaranteed
Loans and investments
Number
of banks
Total
Capital
stock
Surplus,
profits,
and reserves
Total deposits
8
W
H
1-1
New England
Maine
New Hampshire
Vermont
MassachusettsRhode Island. __
Connecticut
Middle Atlantic
New York
New Jersey
Delaware
Pennsylvania
Maryland
North Central
Michigan
Wisconsin
Illinois
Indiana
Ohio
Southern Mountain.
West Virginia...
Virginia
Kentucky
Tennessee
Southeastern
North Carolina..
South Carolina..
Georgia
Florida
Alabama
Mississippi.
72
11
10
10
33
1
7
868
iO2
74
3
167
17
206
18
26
62
34
66
92
18
34
25
15
67
16
3
9
15
14
10
90,029
14,312
12,159
11,940
42,064
1,852
7,702
453,644
123,974
88,746
5,502
215,106
20,316
229,766
19,357
31,654
62,874
36,923
78,957
102,900
19,508
41,391
26,398
15,603
70,878
15,881
2,683
9,763
15,806
15,577
10,668
48,294
5,231
6,067
6,387
19,628
1,072
4,909
199,062
53,523
37,835
2,897
94,756
10,051
98,464
7,081
10,303
26,827
15,196
34,057
65, 400
11,500
28,475
15,272
10,153
86,893
8,576
1,347
6,466
5,020
9,870
5,114
22,544
4,082
2,991
2,870
10,726
465
1,410
115,046
35,494
24,925
633
49,228
4,766
68,910
5,444
11,103
18,335
12, 573
21,455
20, 479
5,131
7,010
6,192
2,146
15,797
3,319
501
1,615
7,478
1,872
1,012
24,191
4,999
3,101
2,683
11,710
315
1,383
139, 586
34,957
25,986
1,972
71,122
5,499
67,391
6,832
10, 248
17,712
9,154
23, 445
17,021
2,877
5,906
4,934
3,304
18,188
3,986
835
1,682
3,308
3,835
4,542
80,152
3,883
4,184
3,122
14,654
345
3,964
188, 900
39, 508
30,870
1,371
56,005
6,146
95,063
7,722
11,479
31, 904
15, 652
28,306
39,162
7,420
13,441
11, 258
7,043
88, 606
8,417
1,224
4,726
10,899
7,883
5,357
128,911
18,537
16,884
15,388
58, T25
2,211
12,166
613,940
170,493
125,229
7,111
283,905
27,202
888,814
27, 732
44,171
97,343
54,227
109,841
148,898
28,306
57,347
38,949
23,791
US, 535
25, 557
3,980
15,187
27, 588
24, 557
16, 666
9,364
1, 365
1,310
1,140
4,389
200
960
47,385
13, 579
9,299
610
22,179
1,718
21,108
1,673
2,599
5,916
3,272
7,648
10, 658
2,047
3,967
2,644
1,995
7,972
1,842
250
1,171
1,729
1,758
1,222
9,686
1,580
1,373
1,085
4,603
92
903
45,624
10,797
7,138
989
24,958
1,742
18,808
1,360
2,313
4,731
3,152
7,252
10,061
1,668
4,344
2,922
1,127
7,682
1,802
192
1,359
1,465
2,283
581
104,585
£
15,568
14,161
13,136
49,522
1,882
10,266
H
519,560
145,398
108,524
5,508
236,399
23,731
292,960
24,680
39,221
86,570
47,645
94,844
127,407
24,570
48,884
33,313
20,640
97,482
21,824
3,437
12,618
24,350
20,421
14, 782
n
§
^
g
*!
£
2
p
U
fej
#
O
^
,_
g
ffi
H
_
2
2
g
2
g
2
9
K
Southwestern
i§, Louisiana
Texas
Arkansas
Oklahoma
Western Grain
Minnesota
North Dakota..
South Dakota..
Iowa
Nebraska
Missouri..
Kansas
Rocky Mountain.._
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona
__
Utah_._.
Nevada
Pacific Coast
Washington
Oregon
California
108
8
60
11
29
135
38
9
4
33
14
15
22
89
5
4
6
14
7
1
1
1
88
7
8
18
101,785
6,571
56, 587
11,329
27,298
UU 390
43,938
9,224
3,178
34,922
13, 572
16,425
20,131
89, 672
5,484
4,758
7,035
12,755
6,399
662
1,377
1,202
85,896
7,645
7,302
20,949
57,180
3,360
32,990
6,748
14,032
66,864
It, 194
3,523
1,690
20, 650
United States.
1,115
1, 265,459
166, 459
10, 596
92, 711
16,951
46, 201
207,095
60,527
12,851
5,444
48,960
22,069
24,156
33,088
62, 777
7,833
6,831
11, 554
21,966
10,095
lt 117
1,783
1,598
51,684
10,870
11,518
29,296
9,678
510
5,792
1,026
2,350
11, 758
3,415
859
350
2,634
1,190
1,338
1,967
8,470
500
359
650
1,361
400
50
100
50
8,178
673
505
2,000
10,198
544
5,559
1,325
2,765
10,018
8,774
1,002
1,368
1,683
2,604
1,314
62
200
541
7,528
1,391
2,146
3,986
60,780
3,848
33, 567
5,283
18,082
60, 764
15, 203
3,044
2,104
13,117
8,164
7,159
11,963
21, 809
2,082
1,901
4,297
8,830
3,527
446
334
392
14,008
2,823
3,806
7,379
343,053
494,134
1,821,108
124, 561
118,263
26,668
2,020
14,291
2,714
7,638
20,849
2,036
2,329
3,854
6,925
3,300
436
1,011
458
21, 571
5,134
3,311
13,126
17,992
1,191
9,306
1,867
5,628
40,760
13, 603
3,479
764
6,251
4,193
6,170
6,300
10,549
2,446
1,061
1,498
3,226
1,785
164
166
203
6,802
1,120
1,845
3,837
603, 527
318,879
6,911
7,440
9,456
88,766
13,141
2,222
724
8,021
2,468
2,815
4,375
526
207
2,380
1,334
1,253
1,620
8,250
404
301
860
915
456
26
83
205
2,991
476
531
1,984
146,312
9,514
81, 220
14, 562
41, 016
185,083
54, 281
11,428
4,888
43,919
19, 529
21, 516
29,472
55, 879
6,897
6,157
10,013
19,618
9, 223
1,029
1,599
1,343
45,281
9,688
10,477
25,116
O
O
1, 574,399
W
o
oo
TABLE N O . 18.—Principal items of assets and liabilities of national banks classified according to deposits, June 30, 1939—Continued
[In thousands of dollars]
Cash, balances with
other banks,
including re- Total assets
Loans and
U. S. GovOther
serves with
discounts, in- ernment obcluding redis- ligations— bonds and Federal Resecurities
serve bank
counts and
direct and
overdrafts
guaranteed
Loans and investments
Number
of banks
New England
Maine.-.
_ ._
New Hampshire
Vermont. _ .
M assachusetts
Rhode Island
Connecticut
Middle Atlantic
New York
New Jersey
Delaware..
_
. .
Pennsylvania
Maryland
. .
District of Columbia
North Central
Michigan... ^
Wisconsin
Illinois
Indiana
Ohio.
Southern Mountain
.
West Virginia
Virginia
Kentucky
Tennessee. .
_.
Southeastern
North Carolina
South Carolina
.
_
._
Georgia
Florida.. .
Alabama
.
_ ._ . .
Mississippi.. . . .
78
11
8
9
31
2
17
812
86
59
2
154
9
2
155
16
26
55
17
41
56
16
20
12
8
54
13
7
9
8
11
6
Total
201,162
25,434
18,286
21,460
85,128
7,957
42,897
838,821
232, 353
153, 368
6,498
413,286
23,418
4,898
870,101
36,778
55, 573
127, 685
48,292
101, 773
130,967
42, 592
47, 778
23,823
16. 774
117,622
26,842
17, 591
18,497
13,407
26, 645
14,640
98,772
10,684
8,434
9,631
42,193
4,844
22,986
834,620
89, 756
58,811
2,668
169,073
12,441
1,871
135,549
13,924
15,487
46, 336
18,065
41, 737
77,922
23,186
33,033
11, 712
9,991
69,232
16,441
10, 569
13,839
4,141
16,427
7,815
52,151
7,220
5,122
5,027
25,108
1,075
8,599
252,776
80,107
54, 222
976
108, 781
6,357
2,333
122,253
11,100
16,838
48,090
17,975
28, 250
30,313
11,041
8,309
8,165
2,798
22,001
5,842
3,537
1,771
6,072
3,643
1,136
50,239
7, 530
4,730
6,802
17,827
2,038
11,312
246,425
62, 490
40,335
2,854
135,432
4,620
694
112,299
11,754
23, 248
33, 259
12, 252
31,786
22,732
8,365
6,436
3,946
3,985
26,389
4, 559
3,485
2,887
3,194
6,575
5,689
74,264
9,357
8,424
6,805
29,402
2,430
17,846
244,835
66,676
47, 558
1,839
114,657
10,620
3,485
158,182
13,172
22,293
59, 741
19,249
38,677
57,770
17,191
20,977
11,035
8,567
65.964
15,427
8,742
10, 227
10, 536
13, 380
7,652
CO
00
DEPOSITS OF OVER $2,000,000 BUT NOT OVER $5,000,000
284,941
35,487
27,519
28,885
119, 591
10,496
62,963
1,129,132
310,891
211, 563
8,716
554, 093
35,248
8,621
587,770
50, 664
79,837
192,674
69, 669
144,926
197,080
62, 716
71,939
35, 515
26,910
189,672
43, 248
26,901
30,027
24,332
41, 745
23,419
Capital
stock
19,991
2,299
1,524
1,781
8,951
950
4,486
74,095
23, 477
13, 480
453
34,175
2,060
Surplus,
profits,
and reserves
19,857
2,648
2,492
1,872
7,179
2,044
3,622
89,039
18,039
12, 792
1,819
53, 667
1,909
450
813
28, 555
2,299
4,245
9,722
3,876
8,413
13,210
4,239
4,969
2,158
1,844
11,936
2,365
1,425
2,125
1,100
3,110
1,811
29,157
2,574
4,461
9,580
2,945
9,597
13,881
3,953
6,086
2,890
952
11,680
2,928
1,710
1,679
1,325
3,012
1,026
Total deposits
244,017
30,498
23,409
25,129
102,990
7,440
54,551
962,579
268,145
184, 537
6,416
464,924
31,243
7,314
478,595
45,676
70,974
172, 755
62, 738
126,452
169,489
54, 363
60,631
30,370
24,075
165,277
37,849
23,652
26,097
21,846
35,315
20, 518
Southwestern
Louisiana
Texas
Arkansas
3
Oklahoma
\ Western Grain
>
Minnesota
,
North Dakota-.
South Dakota. _
Iowa
5
Nebraska
Missouri
Kansas
*5 Rocky Mountain,._
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona
Nevada
Pacific Coast
Washington
Oregon
California
United States
139,078
12,149
85,825
6,885
34, 219
156,352
40,481
12,910
12,072
10, Oil
18,423
30,093
32, 362
60,038
17,403
3,425
5,954
15,048
5,155
1,040
2,013
851
25,059
1,639
16, 524
903
5,993
54,227
16, 387
6,017
4,193
3,240
5,650
8,310
10, 430
19, 501
8,915
1,095
1,281
5,173
1,787
457
793
IS, 052
3,656
1,324
8,072
41,083
4,219
23,469
1,362
12,033
38, 111
11, 352
2,059
2,030
1,585
3,122
10,085
7,878
8,427
2,391
1,025
697
2,999
682
57
576
10,910
2,162
915
7,833
100,396
9,462
59,852
5,210
25,872
74,657
14,010
5,440
4,458
3,771
8,839
12,113
26,026
34,924
12,057
3,772
4,662
9,372
2,515
2,125
421
24,254
6,215
1,688
16, 351
247,927
22,806
150,888
12,629
61, 604
237,650
55, 930
19,067
17, 263
14,023
27,992
43, 343
60,032
87,135
30, 575
10,816
4,200
39,123
72,936
6,291
45,832
4,620
16,193
64,014
12, 742
4,834
5,849
5,186
9,651
11,698
14,054
22, 110
6,097
1,305
3,976
6.876
2,686
526
644
30,177
4,998
1,961
23, 218
17,705
6,112
57,176
2,525
12,106
2,518
1,000
1,000
550
1,365
2,320
3,353
3,932
1,450
315
450
1,217
300
100
100
4,072
750
350
2,972
2, 053, 280
905, 332
591, 333
556,615
830,196
2,992, 300
180,767
7,309
10,981
24,864
7,752
3,204
2,450
12,870
1,465
7,944
936
15,712
1,166
9,813
581
4,152
12,527
3,128
973
736
668
1,493
2,293
3,236
218,748
20,135
132,800
11,097
54, 716
212, 450
50,140
17,015
15,442
12, 766
25,087
38,659
1,360
288
737
1,109
342
113
135
5,500
1,100
367
4,033
53,341
78,932
27,682
6,686
9,767
22, 512
7,094
2,976
2,215
71,129
15,817
5,382
49,930
201,437
2,601,166
4,084
O
n
w
m
a
o
w
O
CO
CO
TABLE N O . 18.—Principal items of assets and liabilities of national banks classified according to deposits, June 30, 1939—Continued
DEPOSITS OF OVER $5,000,000 BUT NOT OVER $10,000,000
[In thousands of dollars]
Loans and investments
Number
of banks
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Middle Atlantic
New York
New Jersey
Pen nsyl van ia
Maryland
District of Columbia
North Central
Michigan
Wisconsin
Illinois
Indiana
Ohio
Southern Mountain
West Virginia
Virginia
Kentucky
Tennessee
Southeastern
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
33
7
3
1
14
3
5
99
34
17
38
7
3
69
12
7
27
6
17
H
3
6
3
2
ni
i
i
5
2
4
Total
210,138
46,391
16,444
5,850
89,837
17.151
34,460
678,972
196,401
91,704
243,945
30,084
16,838
855,7U
57,406
44,730
125,297
30,991
97,320
72,711
14,091
37*183
12,373
9,064
61,057
4,837
2,438
5,593
22,312
8,341
17,536
Loans and
U. S. Govdiscounts, in- ernment obcluding redis- ligationscounts and
direct and
overdrafts
guaranteed
97,583
18,171
8,540
4,192
40.180
10,238
16,262
280,318
79,301
32,297
96,633
12,426
9,661
121,984
20,122
11,299
45,420
11^969
33,174
#,481
7,728
23,279
4,822
4,652
27,841
2,699
1,649
4,318
7,727
4,198
7,250
68,996
17,078
4,057
1,159
27, 796
4,565
9,341
192,433
69, 977
38, 852
65,009
11, 946
6,649
142,161
21,299
20,174
53,529
11, 969
35,190
20,811
4, 669
8,792
4,553
2,797
17,116
1,699
Cash, balances with
other banks,
including re- r p f l nooAfc
Other
serves with i otas assets
bonds and Federal Resecurities serve bank
A
48,554
11,142
3,847
499
21, 861
2,348
8,857
156,221
47,123
20,555
82, 303
5,712
528
91,699
15,985
13,257
26, 348
7,053
28, 956
11, 419
1,694
5,112
2,998
1,615
16,100
99
500
439
690
775
10,143
1,575
3,100
4,442
2,568
7,186
63,696
16,308
5,080
1,531
25,429
5,156
10,192
176,618
56, 634
31,225
63,123
15,839
9,797
166,721
25,887
16,462
71,948
14,174
38,250
32,856
7,151
12,498
5,755
7,452
39,744
2, 590
4,609
2,538
15,166
3,467
11, 374
o
282,707
64,025
21, 824
7,561
119, 891
23,095
46, 311
795,223
263, 206
127, 649
328, 236
47,427
28, 705
641, 921
88,444
63, 663
200, 741
46,715
142,358
109,509
22,053
51,821
18,841
16;794
108,912
7,780
7,328
8,320
38,325
12,205
29,954
Capital
stock
Surplus,
profits,
and reserves
17,928
3,825
1,000
19,600
3,898
2,020
7,639
1,945
2,914
62, 862
17,028
8,693
22,055
2,506
2,080
28,082
6,047
3,429
7,546
2,502
8,508
6,475
1,400
3,325
8,317
1,431
3,393
55,604
14,058
5,572
30,499
3,585
1,790
26,815
4,037
3,089
8,787
1,883
9,019
7,246
1,817
3,268
1,166
4,567
6,097
1,200
2,392
1,597
1,649
600
800
950
300
250
500
720
541
995
607
574
368
507
Total deposits
248,958
56,047
18,759
6,368
103, 368
19,603
39,808
685,147
231,385
113,072
274, 741
41,206
24, 743
486,062
78,064
56,884
183, 594
42,204
124, 316
95,223
18,766
44,830
16, 847
14,781
9JS,924
6,811
6,494
7,394
34,612
10, 976
26,637
Southwestern
Louisiana
Texas
Arkansas
Oklahoma
Western Grain
Minnesota
North Dakota,.
South Dakota__
Iowa
Nebraska
Missouri
Kansas
Rocky Mountain...
Montana
Idaho.
Wyoming
Colorado
New Mexico
Pacific Coast
Washington
Oregon
California
United States
146,696
30,509
4,473
11,491
30,893
4,925
49,307
15,098
54,848
12,038
3,005
11,194
17,723
10,888
61,756
24,712
5,662
31,382
52,889
3,648
31,218
7,270
10,253
73,055
14, 261
2,418
5,774
17, 370
2,385
25, 580
5,267
21,924
2,852
1,640
4,875
7,868
4,689
33,441
11, 783
2,154
19,504
1,149
18, 267
2,629
6,514
47,820
11,847
1,435
2,781
7,565
2,110
15,175
6,907
24,059
7,377
1,089
5,011
6,411
4,171
16,869
8,465
2,049
6,355
U, 186
628
11,033
4,600
7,925
25,821
4,401
620
2,936
5,958
430
8,552
2,924
8,865
1,809
276
1,308
3,444
2,028
11,446
4,464
1,459
5,523
85,993
3,697
57, 786
8,438
16,072
79,243
17, 709
2,352
4,787
15,128
3,470
24, 582
11,215
35,742
7,487
2,894
9,709
9,362
6,290
28,022
13,074
2,738
12,210
197,577
9,472
122, 863
23, 580
41, 662
231,825
49,142
7,208
17,046
47, 315
8,522
75, 667
26,925
92,860
20,253
5,965
21,066
27,903
17,673
98,844
39, 514
8,499
45,831
10,088
500
6,245
1,350
1,993
12,844
2,674
500
1,185
2,315
650
4,120
900
4,175
1,200
300
850
1,100
725
6,192
2,706
200
3,286
1,647,051
699,016
553,824
394,211
708, 635
2,449, 378
142,158
105,184
5,425
60,518
14,499
309
9,840
468
5,465
1,444
1,963
8,475
1,785
172
405
2,114
129
2,753
1,117
3,672
681
302
793
1,313
583
3,468
1,461
410
1,597
140,217
177,666
8,449
110,978
20,634
37,605
210,182
44,528
6,521
15, 325
42,764
7,733
68,438
24,823
84,827
18,332
5,363
19, 370
25,400
16,362
88,669
35,224
7,851
40,594
2,158, 603
n
J-3
w
a
o
g
3
W
o
fed
3
o
TABLE N O . 18.—Principal items of assets and liabilities of national banks classified according to deposits, June 30, 1939—Continued
to
DEPOSITS OF OVER $10,000,000 BUT NOT OVER $50,000,000
[In thousands of dollars]
Cash, balances with
other banks,
including reLoans and
U. S. Govserves with Total assets
Other
discounts, in ernment obeluding redis- ligations— bonds and Federal Reserve bank
counts and
direct and
securities
overdrafts
guaranteed
Loans and investments
Number
of banks
New England
-_
Maine
Massachusetts
Rhode Island
Connecticut
Middle Atlantic
New York
New Jersey
Pennsylvania
Maryland
District of Columbia.
North Central
Michigan
Wisconsin
Illinois
Indiana
Ohio
Southern Mountain
West Virginia
Virginia
Kentucky
Tennessee
Southeastern
North Carolina
South Carolina
Georgia
Florida....
Alabama
Southwestern
Louisiana
Texas
Arkansas
Oklahoma
15
i
i
7
1
6
49
11
14
19
2
3
44
6
5
17
9
7
15
2
4
3
6
J4
2
1
1
7
3
56
4
26
4
2
Total
J07,448
7 956
102! 684
11,839
74,969
742,658
143,802
262,234
261,934
35,913
38,775
552,195
67,089
67,206
186,569
124,953
106, 378
263,256
22,658
62,835
54,261
123,502
200,050
14,665
21,420
25,421
91, 869
46, 675
4*4,419
46,437
333,614
27,290
17,078
2,778
47, 858
4,671
34, 692
285,181
67,464
94,858
10,587
15,964
801,946
19,077
18,291
66,381
49,116
49,080
148,118
13,696
35,080
30, 707
68,635
91,763
10,973
14,108
14,555
29, 567
22,560
196, 421
22, 826
151,458
13, 405
8,732
82,516
5,000
44, 619
2,085
30,812
307,708
43,768
118,464
105,367
22,229
17,880
237,676
29,615
30,176
85,498
56,575
35,812
74,712
6,383
22,851
12, 540
32, 938
75,402
1,653
6,954
48,530
11,577
166,745
15, 211
141,430
5,895
4,209
24,933
178
10, 207
5,083
9,465
149,769
32,570
48,912
60,259
3,097
4,931
112,574
18,397
18, 739
34,690
19, 262
21,486
40, 426
2,579
4,904
11,014
21,929
32,885
2,039
624
3,912
13,772
12, 538
61, 253
8,400
40,726
7,990
4,137
87,188
5,920
40,974
3,669
36, 625
319,695
64,472
109, 276
101,578
19, 448
24,921
307,461
27,100
113,879
71,166
55,317
160,908
18, 585
45, 831
27, 692
68,800
141,867
12,664
16,973
15,159
75,129
21, 942
353,649
30, 662
279,907
20,220
22,860
295,489
13,956
148, 545
16,207
116, 781
1,114,227
214,759
394,025
383,437
55, 768
66,238
884,311
97,132
110,016
305,917
201,617
169,629
439,071
43,616
112, 641
84,206
198,608
355, 238
27,853
39, 295
41,028
173, 745
73,317
802,253
79,166
633, 884
48,455
40, 748
Capital
stock
17,985
575
8,275
1,500
7,635
59,329
10,609
23,062
21,308
2,150
2,200
38,716
4,361
5,450
10,985
8,405
9,515
19, 967
2,562
6,000
3,780
7,625
15,275
1,300
2,200
1,475
7,300
3,000
31,088
3,080
24,622
1,686
1,700
Surplus,
profits,
and reserves
19,604
800
10,186
2,346
6,272
72,382
13,194
16,659
36,650
1,965
3,914
42,125
5,048
5,523
14,249
8,734
8,571
21,580
2,828
4,950
4,221
9,581
14,306
1,012
1,049
1,386
4,161
35,634
2%, 270
2,647
1,529
Total deposits
255,513
12,569
128,699
12, 224
102,021
977,046
189,230
353,261
323,119
51,546
87,260
98,612
279, 812
183,878
151,042
39 5,768
38,002
101,225
75,798
180,743
324,692
25,470
35,931
38,109
159,355
65,827
731,870
72,085
578,370
43,973
37,442
Western Grain.
Minnesota
South Dakota..
Iowa
Nebraska
Missouri
Kansas
Rocky Mountain. _.
Montana
Idaho
Colorado
New Mexico
Arizona
___
Utah
Nevada
Pacific Coast
Washington
California
25
4
1
4
7
5
4
United States.
220
14
1
1
4
1
2
4
1
8
4
4
862,596
63,064
8,264
76,629
106,598
65,149
42,892
202,088
5,189
18,439
71,365
7,411
39,503
40,044
20,137
188,074
67,584
65,490
3,077,784
158,182
20,310
4,358
35,223
42,996
34,888
15,407
81,068
613
6,260
21,589
3,615
21,002
19,136
8,853
74,220
35,851
1,321,897
138,904
32,788
2,572
23,168
41,125
18,364
20,887
92,384
2,371
11,135
36,811
3,478
13, 697
16,044
8,848
37,199
23, 814
13,385
1,213,246
70,610
9,966
1,334
18,238
22,477
11,897
6,598
28,636
2,205
1,044
12,965
318
4,804
4,864
2,436
21,655
7,919
13,736
542,641
199,880
32,044
2,617
31,698
52,440
44,046
37,035
129,466
8,542
5,635
56,992
3,478
18,467
26,839
9, 513
62,050
37,302
24, 748
1, 762,164
576,881
97,290
11,121
111,897
164,078
110,553
81,942
389,660
13, 731
24,629
130,061
10,974
59,963
69,821
30, 481
200,150
107,050
93,100
5,007,280
25,801
5,662
675
4,800
6,888
4,042
3,234
12,107
300
1,338
3,810
300
2,359
3,400
600
10,974
6,913
4,061
230, 742
28,375
3,256
324
4,571
6,568
5,434
3,222
17,611
941
769
8,152
218
2,363
3,927
1,241
7,935
3,690
4,245
254,552
626,56i
88,018
10,084
102, 287
150,177
100,805
75,190
308,220
12,489
22,473
117,667
10,456
54,568
62,288
28, 279
180,660
95,954
84,706
4,500,934
Q
O
£1
O
g
o
3
o
Kl
CO
TABLE NO. 18.—Principal items of assets and liabilities of national banks classified according to deposits, June 30, 1939—Continued
DEPOSITS OF OVER $50,000,000
[In thousands of dollars]
Number
of banks
New England
Massachusetts
Rhode Island
Connecticut
Middle Atlantic
New York
Pennsylvania
Maryland
District of Columbia
North Central
Michigan
Wisconsin
Illinois
Indiana
Ohio
Southern Mountain
Virginia
Kentucky
Tennessee
Southeastern
Georgia.
Florida
Alabama
Southwestern
Louisiana
Texas
Oklahoma
Western Grain
Minnesota
Missouri
Rocky Mountain
Colorado
Pacific Coast
Washington
Oregon
California
United States
Total
688,170
615,849
36,195
36,126
4,752,998
3,563,963
978,250
145, 368
65,412
2,682,389
364,123
150,825
1,588, 331
91,268
337,842
176,287
51,312
33,092
91,883
223,089
144,190
48,313
421,862
154,469
162,654
104,739
502,808
252,470
249,833
23,643
23,643
2,587,098
167,932
171,667
2,247,499
70
11,907,834
Loans and investments
Cash, balances with
other banks,
Loans and
U. S. Govincluding re- Total assets
discounts, in- ernment obOther
cluding redis- ligations— bonds and serves with
counts and
direct and
securities Federal Reserve bank
overdrafts
guaranteed
365,418
334,617
17,276
13,525
1,872,796
1,083,565
258,441
11,118
19,672
714,078
97,833
31,412
432, 599
14,607
137, 627
98,142
17,449
14,899
65,794
124,829
84,402
8,573
31,354
214,494
68,653
53,152
208,754
115,497
93,257
11,897
11,897
1,299,918
78,549
69,792
1,151,577
4,409,826
250,658
224, 683
18,027
7,943
2,554,788
1,825, 587
555, 593
134,010
39,598
1,538,764
243,605
96,250
998,071
62,164
138, 674
28,'184
16,859
12,453
65,604
40,666
16,126
8,812
160,291
68,255
59,914
32,122
243,819
114,272
129,547
10,680
10,680
73,379
87,702
798,504
5,841,680
72,099
56,549
892
14,658
826,409
654,811
164,216
240
6,142
279,547
22,685
23,163
157,661
14,497
61,541
20,649
5,679
1,334
13,636
83,156
19,122
5,887
8,147
47,077
17,561
10,051
19,465
49,780
22, 701
27,029
1,066
1,066
827t695
16,004
14,173
297,418
699,118
539,422
19,686
40,010
2,986,594
2,318,662
533,916
48,048
35,968
1,611,425
236,948
87,553
1,022,215
48,944
215,765
108,268
29,084
30,870
48,304
121,462
1,656,328
6,836,358
<2A,135
21,432
295,806
94,471
117,209
84,125
380,543
178,048
202,495
40,379
40,379
7J#,774
89,489
72,415
580,870
1,883,888
1,197,295
56,226
79,862
7,875,866
6,021,913
1,553,167
195,944
104,842
4,210,890
603,937
244,119
2,648,649
141,700
572,485
290,480
81,344
64,057
145,029
858,883
228,011
56,150
74,222
788f426
256,122
287,955
194,348
899,697
442,456
457,141
JfcSff
8,465,868
262,359
250,841
2,952/668
19,237,186
Capital
stock
49,818
42,813
2,500
4,000
259,621
203,270
48,251
4,000
4,100
184,780
20,000
15,000
110,600
4,000
35,180
18,750
3,000
1,000
9,750
28,400
10,400
3,000
10,000
85,800
8,200
16,600
10,500
32,700
18,500
14,200
1,500
1,500
189,800
10,500
7,500
121,300
739,664
Surplus,
profits,
and re-
102,186
94,789
2,970
4,427
479,774
349,911
116,683
7,747
5,433
160,931
20,380
5,972
102,866
9,091
22,622
18,691
3,105
6,498
18,846
9,871
1,454
2,021
38,068
10,204
13,016
9,843
37,860
20,834
17,026
8,601
3,601
154,971
11,379
11,777
131,815
999,423
Total deposits
1,166,412
1,044,723
50,492
71,197
6,984,185
5,278,262
1,377, 316
183,627
94,980
8,850,158
562,630
222,499
2,424,161
128,272
512,591
261,805
74,052
59,637
128,116
819,594
206,016
51,626
61,952
667,181
236,135
257,526
173,470
819,440
395,325
424,115
59,066
59,066
3,145,832
239,227
230,437
2,676,168
17,223,618
TABLE N O . 19.—Assets and liabilities 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 30, 1989 1
ASSETS
[In thousands of dollars]
Location
Loans and
discounts,
including
overdrafts
and rediscounts
Investments
Cash in
vault
Balances
with other
banks and
cash items
in process of
collection
1,229
1,221
62
56
163
194
3,722
5
44
237
437
19
728
608
115
280
Due from Due from
branches home office
Real estate, furniture
and fixtures
Customers'
liability
on account
of acceptances
O
Total
assets
Other
assets
NATIONAL CITY BANK OF NEW YORK, N. Y.
Argentina:
Buenos Aires
Buenos Aires (Flores)
Buenos Aires (Plaza Once)
Rosario
Belgium: Brussels
Brazil:
Pei
Rio de Janeiro.
Sao Paulo
Canal Zone:
Balboa
Cristobal
Chile:
Santiago
Valparaiso
China:
Canton
Dairen (Manchuria)
Hankow
Harbin (Manchuria)
Hong Kong (British Crown Colony)
Peiping
Shanghai
Tientsin
Colombia:
Bogota
Cali
Medellin
* Includes branches in American possessions.
12,383
586
707
1,838
1,455
35
1,851
808
11
2,604
49
118
868
744
263
2,048
2,528
56
878
163
22
656
62
32
93
14
234
248
3,670
1,439
491
91
711
211
59
384
1,017
1
141
532
176
342
8
425
15
256
74
344
594
49
422
8
328
1,301
15
878
120
1,503
37
253
12
8,803
275
5,097
407
300
1
1,208
9
9,428
577
21,374
1,680
17
272
6
4
675
92
95
280
235
774
93
567
4
70
892
56
1,433
1
2
48
22,297
1,381
1,416
2,431
6,554
10
71
198
958
9,814
9,863
2
33
2,363
336
365
55
6,630
2,713
490
4
1
9
287
1
40
71
2,831
1,054
1,914
1,419
21,530
1,204
29,582
3,529
H
7
1
2,078
427
666
Q
1
173
510
5,727
6,230
100
582
2
942
1,290
257
1,839
655
172
1,294
17
104
165
5
6
2
30
o
!
TABLE N O . 19.—Assets and liabilities 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 30, 1939—Contd.
ASSETS—Continued
[In thousands of dollars]
Loans and
discounts,
including
overdrafts
and rediscounts
Location
Investments
Cash in
vault
Balances
with other
banks and
cash items
in process of
collection
Due from Due from
branches home office
Real estate, furniture
and fixtures
Customers'
liability
on account
of acceptances
1,695
14
3
14
23
296
Total
assets
Other
assets
NATIONAL CITY BANK OF NEW YORK, N. Y.—Continued
Cuba:
Caibarien
Camaguey
Cardenas
Cienfuegos
Habana (Cuatro Caminos)
Habana (Galiano) ___
Habana (La Lonja)
Manzanillo
Matanzas
Santiago de Cuba (Oriente)
Dominican Republic:
Barahona
La Vega
Puerto Plata
San Pedro de Macoris
Santiago de los Caballeros
Santo Domingo (Ciudad Trujillo)
England: London
India:
Bombay
Calcutta
Rangoon (Burma)
Italy Milan
Japan:
Kobe
-.
Osaka
__
Tokyo
Yokohama.
__
__
Mexico* Mexico City
Panama (Republic of):
Colon .
PanftTTjfi City
Peru: Lima
Philippine Islands: Manila
80
41
378
12
9,948
1,152
407
148
549
132
474
8
15
10
356
67
205
19,877
-. - _
76
1,631
2
96
796
231
456
239
209
8,715
249
472
121
162
333
225
1
7
1
1
642
2
1
2
9
1,135
843
1,092
633
12
922
3,133
978
566
893
776
37
67
37
23
56
41
186
72
2
15
40
4,504
69
126
78
40
185
1,523
8,008
1
151
1
83
16
4
506
23,056
7,651
3,706
1,026
2,217
1,574
457
206
68
19
846
694
197
2,411
311
239
561
89
628
454
1,613
1,475
1,810
1,919
2,757
144
31
34
29
58
143
63
120
190
584
184
264
794
1,908
1,249
129
27
692
203
12
11
271
312
382
1,762
1,092
7,637
217
434
49
808
1,096
1.167
8
32
493
508
427
1
353
2
173
418
1,111
, 7
6,059
1,464
1,352
1,725
U959
24,531
2,333
4,014
1,484
735
2
1,360
1,523
1
145
2
1
186
1,794
113
454
309
2,915
65,052
34
11
4
22
11,506
4,856
2,370
5,211
9
17
15
15
109
2,481
2,337
3,841
4,520
5,339
3
41
28
47
8P2
4,211
3,503
15,665
183
6,945
5
60
258
3
2
1
5
1,026
8
1
1
7
195
34
183
64
82
123
214
6
12
233
1
6
13
232
174
29
Puerto Rico:
Arecibo
Bayamon
Caguas
Mayaguez
Ponce
San Juan
Straits Settlements: Singapore
Uruguay: Montevideo
Venezuela: Caracas
Total
9
3
12
18
62
382
244
287
729
1,095
654
1,600
24
5
8
1
25
37
58
125
222
1,592
456
500
2,586
120,097
8,215
29,247
30, 379
49,000
92
153
5,581
248
319
866
232
34
361
2 2,933
2 2,146
61
119
1,280
33,070
13,827
17
13
317
8
99
7,115
968
5,551
2 11,460
371
206
2,235
155
823
1,364
1,606
1,173
1,581
5
423
458
1
3
221
18
18
27
14,860
6,278
354,698
400
11
52
3,905
2,663
7,202
3
2
4,051
1,115
6,945
71, 592
2
6
4
1,422
2,423
6,469
1,588
252
2,134
937
810
91,873
4,749
15, 762
991
3
1
4
879
727
3,911
1,686
3,957
22,100
3,346
1,986
5,743
48
17
14
41
59
242
7
3
s
CHASE NATIONAL BANK OF NEW YORK, N. Y.
Canal Zone:
Balboa
Cristobal
Cuba: Habana
England:
London (Berkley Square)
London (Bush House, Aldwych)
London (Lombard)
Panama (Republic of):
Colon
Panama City
Puerto Rico: San Juan
Total
'_.
281
1,752
357
1,496
1,640
229
486
202
9
105
174
2 820
2 232
2 4,449
5
98
43, 788
13,986
2,697
8,137
28, 559
286
1,752
4,531
103, 736
32,802
6,516
11,873
449
2,324
3,793
9,795
828
57,665
12, 555
12, 322
6,117
10,623
2
822
824
757
73
39,318
112
74
186
830
70,220
1,550
2,568
6,466
W
3
FIRST NATIONAL BANK OF BOSTON, MASS.
Argentina: Buenos Aires
Cuba: Habana
Total
BANK OF AMERICA, NATIONAL TRUST & SAVINGS
ASSOCIATION, SAN FRANCISCO, CALIF.
England: London
1,889
459
1-3
W
2 Includes due from home office.
9
TABLE NO. 19.—Assets and liabilities 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 30, 1939—Contd.
LIABILITIES
[In thousands of dollars)
Location
Demand
Time dedeposits of
State
posits of
individuals, individuals,
and
partnermunicipartnerships, and ships, and pal decorporaposits
corporations
tions
Certified
and cashiers'
checks, cash,
Deposits
letters of
Due to
of banks credit, and branches
travelers'
checks outstanding
Due to
home
office
Acceptances exeBills
cuted
by
payable
or for acand recount
of
discounts reporting
branches
208
Other
liabilities
Undivided
profits,
including
reserve
accounts
o
n
NATIONAL CITY BANK OF NEW YORK, N. Y.
Argentina:
Buenos Aires
Buenos Aires (Flores) _
. _
Buenos Aires (Plaza Once)...
Rosario
.
Belgium: Brussels
Brazil:
Pernambuco (Recife)
._- _
Rio de Janeiro
Sao Paulo
_Canal Zone:
Balboa
Cristobal
Chile:
Santiago
_ __
_ __.
Valparaiso
China:
Canton
Darien (Manchuria)
_
_ .
Hankow
Harbin (Manchuria)
.
.
Hong Kong (British Crown Colony)
Peiping
Shanghai
_-..
.
Tientsin
Colombia:
Bogota
Cali
Medellin
5,572
745
700
1,121
108
344
747
2,247
1,629
18
1 509
13
20
35
136
35
610
6,832
6,749
535
412
30
125
229
3
316
365
257
236
928
47
1,717
647
31,574
135
564
194
5
5
1
214
3,987
1,482
522
142
146
1
7
3
1,691
1,039
481
499
220
581
4,391
189
4,681
3 645
1,958
161
1,621
540
7,174
855
15,346
1,943
153
2
61
32
8,172
71
948
603
2
1
7
142
378
2
213
1,450
62
8,043
'292
1,450
323
366
79
30
11,258
632
710
897
2 643
-
3
140
5
234
7
4
7
238
277
690
76
1 462
112
4
5
9
28
180
4
29
334
7
24
199
1
161
24
6
1
48
27
228
3
5
139
13
283
66
18
30
10
3
4
30
39
6
21
1
5
O
O
g
I
o
1
19
K
65
o
44
34
22
278
33
pi
a
Cuba:
Caibarien..
_.
Camaguey
Cardenas
Cienfuegos
Habana
Habana (Cuatro Caminos)
Habana (Galiano)
Habana (La Lonja)
Manzanillo
Matanzas
Santiago de Cuba (Oriente)
Dominican Republic:
Barahona
La Vega
Puerto Plata
San Pedro de Macoris
Santiago de los Caballeros
Santo Domingo (Ciudad Trujillo).
England: London
India:
Bombay
Calcutta
Rangoon (Burma)
Italy: Milan
Japan:
Kobe
Osaka
Tokyo
Yokohama
Mexico: Mexico City
Panama (Republic of):
Colon
Panama City
Peru: Lima
___
Philippine Islands: Manila
Puerto Rico:
Arecibo
Bayamon
Caguas
Mayaguez
Ponce
_
San Juan
Straits Settlements: Singapore
__Uruguay: Montevideo
Venezuela: Caracas
Total
939
827
898
502
9,215
1,380
2,543
1,081
380
685
783
468
474
789
413
4,190
894
1,364
248
195
652
638
4
207
68
114
54
193
189
673
14, 931
6,646
2,605
1,523
2,426
1,700
962
601
2,064
980
2,201
3,588
3,072
4,651
355
1,778
2,339
5,829
4,803
3 354
343
434
656
3 729
3 5, 762
2 389
1,338
3,540
379
228
315
622
812
* 2,236
71
488
52
88
113
45
35
112
10,105
145, 724
85,028
10, 498
71
67
59
259
114
1,738
3 19, 310
42
43
21
21
738
55
103
69
9
22
101
9,826
14
3
14
23
332
134
1
83
16
1
1
2
23
4
2
2
1
1
1
1
1
1
6
2
16,923
1
3
61
218
440
4,605
270
321
124
193
27
11
6
3
2,626
811
64
11
214
41
122
273
41
51
6
8
11
248
37
13
21
37
271
929
45
73
826
494
1,641
11
78
17
121
15
40
42
155
1
650
2
742
545
11
692
53
42
87
63
81
167
24
3
623
33,097
5,215
52
1
1,098
7,721
132
129
299
195
34
214
6
2
100
174
48
1
3
167
33
17
6
20
22
25
27
18
9
79
72
46
9
71
1
6
5
15
322
3,926
232
68
1,265
1,705
252
2,188
1,324
58
6
35
2
173
1
296
1
5
9
23
43
16,461
1,815
2,279
775
3
8
531
5
1
1,285
316
55
45,632
10
63
783
7,871
1,078
3 Includes United States deposits.
* Includes postal-savings deposits.
CO
TABLE N O . 19.—Assets and liabilities 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 30, 1939—Contd.
LIABILITIES—Continued
[In thousands of dollars]
Certified
Demand Time deand cashiers'
deposits of posits of
State
checks,
cash
individuals, individuals, and
letters of
Due to
partnerpartner- munici- Deposits
credit,
and
branches
of
banks
ships, and ships, and pal detravelers'
corporacorporachecks outtions
tions
standing
Location
Acceptances exeBills
cuted by
Due to payable
home
for acand re- or
office discounts
count of
reporting
branches
Other
liabilities
Undivided
profits,
including
reserve
accounts
H
W
CHASE NATIONAL BANK OF NEW YORK, N. Y.
Canal Zone:
Balboa
___
Cristobal.__
Cuba: Habana
England:
London (Berkley Square)
London (Bush House, Aldwych).
London (Lombard)
Panama (Republic of):
Colon
Panama City
Puerto Rico: San Juan
Total
3 3,210
31,414
3,260
687
1,167
1,008
1,092
4,042
26,744
21
2,894
11,491
30,384
397
1,101
1,223
997
863
1,332
79
3,554
8
314
283
42,483
20,460
3,635
31,176
253
3 19, 811
9,991
31,916
172
1,030
470
186
706
29,802
31,916
172
1,500
892
1,131
30
51
136
2
13
402
5 2,092
1,963
2
9
542
Q
O
215
451
15
7
16
1,963
1,008
3,192
326
2
841
1,356
119
102
o
3,518
843
1,475
102
Pi
1,638
211
2,092
M
FIRST NATIONAL BANK OF BOSTON, MASS.
Argentina: Buenos Aires
Cuba: Habana
Total
.
BANK OF AMERICA, NATIONAL TRUST 4 SAVINGS
ASSOCIATION, SAN FRANCISCO, CALIF.
England: London
3
Includes United States deposits.
5 Includes due to home office.
I
O
3,453
TABLE N O . 20.—Fiduciary activities of national banks during year ended June 80, 1939, segregated according to capital
Banks
*
Number of national banks with trust powers but not administering trusts.._
Number of national banks with trust powers administering trusts
B a n k s with
capital over
$100,000 to
$200,000
B a n k s with
capital over
$200,000 to
$500,000
with
capital
of $25,000
Banks with
capital over
$25,000 to
$50,000
Banks with
capital over
$50,000 to
$100,000
22
13
78
63
129
259
70
472
35
421
16
306
350
1, 534
388
542
456
322
1,884
Total number of national banks authorized to exercise fiduciary
141
powers
_ _ .
__
35
Total assets of banking departments of national banks authorized to exercise
fiduciary powers
_
_.
_ _ __ _
$17,898, 761 $109, 717, 650
Banks with
capital over
$500,000
Total
3
$661,847, 795 $1, 562, 608,172 $2, 647,994, 730 $23, 828,176, 504 $28,828, 243, 612
w
TRUST ASSETS
222
$3, 474, 447
126,043
428, 659
9,498
27,011
$32,001,138
1,174, 779
3,051,686
135,354
1,050, 724
$207, 473,170
2,895, 552
12, 111. 158
741, 814
8, 514, 4S2
$576, 691,839
7, 001,835
27, 626, 578
2,090; 629
26, 662, 222
$6,997,838,988
21,808,848
312, 576, 652
12,026, 215
1,025,932,175
$7,817, 871, 227
33,014, 224
355,831, 479
15,003,510
1,062,186,836
435, 780
4,065, 658
37,413, 681
231,736,176
640,073,103
8, 370,182,878
9, 283,907, 276
Private trusts
Court trusts
$208,263
227, 517
$529, 414
3, 536, 244
$16, 477, 494
20,936,187
$119, 664, 617
112,071, 559
$392,179, 683
247, 893, 420
$6, 851,806,084
1,518, 376, 794
$7, 380,865,555
1,903,041, 721
Total
Total volumes 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
435, 780
4,065,658
37,413,681
231, 736,176
640,073,103
8, 370,182,878
9,283,907,276
$107, 200
5
11
1
$293, 350
32
52
7
$12,484, 469
188
225
77
$64,876, 200
382
442
204
$196,040, 276
384
393
244
$9, 494, 925, 229
293
288
257
$9, 768, 726, 724
1,284
1,411
790
H
17
28
100
272
1,127
2,463
5,883
11, 733
12,146
16, 501
51, 566
34, 615
70, 839
65, 612
a
45
1
372
11
3,590
196
17, 616
797
28, 647
1,473
86,181
14, 272
136,451
16, 750
46
$33, 522
$9, 684
383
$64, 534
$10,929
1
3
$151, 316
$50, 439
3,786
$144, 454
$10,422
7
13
$19,167
$10, 321
18, 413
$490,966
$13,155
43
56
$31, 593
$24, 259
30,120
$1, 520, 364
$22, 313
102
217
$84, 279
$39, 615
100,453
$27, 353, 539
$97,123
190
1,204
$297, 628
$46,968
153, 201
$6,052,091
$68,038
343
1,493
$194, 723
$44, 735
InvestmentsDeposits in savings banks
Deposits in own bank
Deposits in other banks
Other assets-.
$391, 645
7,167
36, 746
_
Total
LIABILITIES
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 asset5 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
__
_
W
Q
3
TABLE NO. 20.—Fiduciary activities of national banks during year ended June 30, 1939, segregated according to capital—Continued
Banks
with
capital
of $25,000
Banks with
capital over
$25,000 to
$50,000
Banks with
capital over
$50,000 to
$100,000
5
8
$311,105
34
286
$1, 724,876
Banks with
capital over
$100,000 to
$200,000
Banks with
capital over
$200,000 to
$500,000
Banks with
capital over
$500,000
Or
fcO
Total
. LIABILITIES—continued
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 30,1939
Average gross earnings per trust department reporting trust earnings for
fiscal year ended June 30, 1939
152
550
$16,308,616
252
2,215
$71,130, 391
261
12,474
$500,188,737
704
15, 533
$589, 663, 725
1
8
4
4S
22
$62, 221
$50, 732
$107, 294
$282, 263
$1,916, 432
$837, 591
$55
$38,888
$49
$29,652
$70
$32,113
$92
$40,099
$271
$37,962
$206
$318
$403
$6,031
$71
$1,158
$2,994
$6,959
$90,617
$22,246
Q
O
K
o
E
W
M
Q
d
TABLE NO. 21.—Fiduciary activities of national banks by Federal Reserve districts as of June 80} 1939
+•>
Number of individual trusts
OT
IE
III
Federal Reserve
districts
m
1st
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total
§
211 $107, 206, 757 $2,184,525, 081 4,
4,705
293 302,397,961
""' 7,477, 924,669 6,234 8,506
.
253 104,253,324 2,076,976,621 8,435 17.
",409
130 100,490, 562 1,918,888,981 5,012 6,697
148 53, 493,420 1,127, 549,911 3,600 4,310
109 72,133,670 1, 358,842,966 3,756 2,637
220 191,651,685 4, 528,047,359 21., 496 6,770
986, 249,013 1,475 2,104
118 41, 224, 825
791,055, 569 2,134 3,758
85 38,633, 725
158 47,002,000 1,155, 585, 402 2,722 1,833
89 54, 399,910 1,180, 252,092 1,626
482
70 170, 569,100 4,042, 345,948 10, 260 6,401
8,794 $622,210, 739
14,"'"
740 1,132,227, 444
25,844 388, 067,138
11, 709 816,362, 925
7, 910 282, 728, 666
6,393 473, 718, 329
28,266
266 3, 361,337,699
3, 579 113,655, 881
5,892 457,104, 323
4,555 401,700,687
2,108 139,478,858
16, 6611, 095, 314, 587
529 $342,576,203
1, 208 5,,, 088, 729,157
556 110,866,276
1,449 257,495, 581
397 196,068, 239
822 201,957,194
7, 110 2,!, 715,627,960
96,349,409
962
528
85,811, 239
823 115,009,642
353
75,057. 763
2,013 483,178,061
142
166
159
159
94
113
247
28
34
111
49
191
$5,072,135
11,196,646
9, 526, 715
6, 047,734
2,900,055
3,592,065
16, 595,394
887,935
1, 328,481
3,883,170
1,174, 563
4, 584,974
343 1, 493 66, 789,867
75
105
126
59
56
40
67
25
17
43
43
48
1,291 $51,795,670 $2,
!, 551,000
1,432 80,386,660 7,070,000
1,436 51,068,102 1, 530,000
1,503 64,188,241 2,001,000
943 28,847, 772 1,072,0C0
909 30,519,333 1,287,000
1,805 80,499,695 7,798,000
258 10,925,451
492,000
917 43,601,266 988,000
1,476 45,922,087 1, 276,000
602 18,799,670 540,000
2,961 83,109, 778 5,080,000
w
o
o
704 15, 533 589,663,725 31,685,000
O
TABLE NO. 22.—Classification of investments in living and court trust accounts under administration by the active national bank trust departments segregated according to capital on June 80, 1939
H
1,534
350 1,884 1,283,456,939 28,828,243,612 70,839 65,612 136, 451 9, 283,907, 276 16, 750 9, 768, 726, 724
Trust investments classified according to capital of
banks administering trusts
Banks with
Banks with
Banks with
Banks with
Banks with
Banks with
capital of $25,000
_
capital over $25,000 to $50,000,.
capital over $50,000 to $100,000
capital over $100,000 to $200,000
capital over $200,000 to $500,000
capital over $500,000
_.
Total-
Bonds
Percent
Stocks
Percent
Real-estate
mortgages
Percent
Real estate
Percent
Miscellaneous
$121,193
1, 602,424
12,074,022
76,283,443
214, 338,473
3,482, 243, 658
30.95
46.12
37:73
36.77
37.17
49.76
$29,190
1,017, 448
8, 704,903
61. 733, 411
186, 523, 568
2, 256, 545, 290
7.45
29.28
27.20
29.75
32.34
32.25
$13,300
464,688
4,174, 556
34,931, 377
75,169, 247
435,643,428
3.40
13.38
13.04
16.84
13.03
6.23
$204,686
337,317
5, 205,949
24,863,698
57, 668,798
484,983, 243
52.26
9.71
16.27
11.98
10.00
6.93
$23,276
52, 570
1,841, 708
9,661, 241
42,991, 753
338,423, 369
5.94
$391,645
1.51
3,474,447
5.76
32,001,138
4.66
207,473,170
7.46
576, 691,839
4.83 6, 997,838,988
3, 786,663, 213
48.44
2,514,553,810
32.16
550,396, 596
7.04
573,263,691
7.33
392,993,917
5.03
Percent
Total investments
a
l
7,817,871,227
CO
TABLE NO. 23.—Earnings and dividends of national banks for the year ending June 30, 1989
[In thousands of dollars]
Gross earnings
Number
of banks
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania _. _
Delaware
39
52
42
126
12
53
Maryland. _
District of Columbia..
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida....
Alabama
Mississippi
Louisiana
Texas. ._
Arkansas
Kentucky
Tennessee
. .
_
_
Total Southern States
_.
Interest
and discount on
loans
1,830
1,531
1 419
16,767
1,359
4,718
Interest
and divi- Collection
dends on charges,
commisbonds,
sions, fees,
stocks,
etc.
and other
securities
2,090
1 075
820
11,270
830
2,587
39
43
27
503
13
95
Foreign department
(except interest on
foreign
loans, investments,
and bank
balances)
2
2
729
20
17
Service
Trust de- charges on
deposit
partment
accounts
187
58
50
1,390
65
950
169
199
89
1,815
155
506
Rent
received
133
160
85
2,690
54
691
Other
current
earnings
23
44
35
733
15
79
Total earnings from
current
operations
4,473
3,112
2,525
35,897
2,511
9,643
324
27,624
18,672
720
770
2,700
2,933
3,813
929
58,161
437
226
694
15
63
9
47 908
11,592
36,238
452
2,859
2,218
53 624
11,434
47,445
407
4,269
1,969
2 985
365
839
9
70
56
2.936
' 16
305
7
5
6,235
860
1,838
13
145
243
4,610
1,440
2,043
21
212
297
7,380
2,499
5,101
20
381
260
3,897
187
534
4
65
8
129,575
28,393
94,343
926
8,008
5,056
1,444
101,267
119,148
4,324
3,269
9,334
8,623
15,641
4,695
266,301
130
78
42
20
52
52
67
24
30
446
49
96
71
7,961
3,955
2,150
1,324
5,723
3,113
4,165
1,147
4,168
22,732
1,972
4,691
7,227
3,477
1,586
860
539
1,648
3,086
2,035
909
3,233
9,923
1,163
2,425
3,119
201
135
134
185
616
467
270
206
329
1,011
270
101
539
6
2
116
1
1
450
108
86
64
321
288
273
21
258
509
110
93
265
491
214
382
198
439
664
331
116
477
2,060
214
307
451
605
568
199
56
770
605
706
160
723
3,637
243
290
779
96
70
12
17
49
49
56
9
60
311
65
32
290
13,287
6,638
3,823
2,383
9,566
8,272
7,952
2,568
9,299
40,203
4,037
7,940
12,671
1,157
70,328
34,003
4,464
197
2,846
6,344
9,341
1,116
128,639
51
20
Ohio
Indiana
Illinois
Michigan
to Wisconsin
^ Minnesota
*& Iowa
£q Missouri
.
-
-_
l>
Total Middle Western States
91
1 North Dakota
1 South Dakota
M Nebraska
._
1-1
Kansas
Montana
Wyoming
_
Colorado
New Mexico
Oklahoma
._
Total Western States.
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
_.
_
.
11, 749
5,824
32, 246
7,941
7,266
7,514
2,027
5,310
534
294
2,859
524
322
1,895
287
87
14,847
5,646
22,066
6,482
4,298
8,800
3,747
6,654
395
20
503
571
549
58
33,042
13, 732
72,906
17,648
14,092
21,125
7,307
14,060
1,269
72,540
79,877
7,110
628
10, 777
8,757
12, 563
1,660
193,912
50
608
291
130
595
2,319
1,903
1,059
411
2,545
368
4,148
105
1,203
4,096
3,833
963
1,108
3,513
1,067
8,060
182
291
218
158
54
225
65
375
19
99
42
136
182
43
26
78
22
214
828
793
24,671
13,956
1,859
46
27
101
18
13
6
5
7,673
4,330
63,572
899
1,192
603
1,328
3,753
3,284
28,103
581
555
429
502
520
167
2,064
65
48
31
106
244
126
324
82
105
192
109
*
*-_ - ._
-
_ _
.
__ _
_-'
Total Pacific States
Total United States (exclusive of possessions)Alaska (nonmember banks)
T h e Territory of Hawaii (nonmember bank)
Virgin Islands of the United States (nonmember
bank)
...
Total possessions (nonmember banks)
Total United States and possessions
New York City (central Reserve city).Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks)
Possessions (nonmember banks)
106
5
317
99
20
61
1,444
293
6,816
552
123
922
124
1,502
679
2,939
1,021
775
681
589
2,542
897
5,264
859
1,102
902
448
318
94
399
170
186
350
85
14
249
101
16
21
356
20
152
181
627
671
134
141
681
130
865
102
840
704
255
62
447
129
1,254
120
37
43
50
5
55
8
157
2,080
2,397
8,461
7,473
2,635
1,802
7,825
1,787
15,011
5
948
3,529
3,923
580
49,471
65
37
557
430
262
4,273
12
39
32
25
607
605
4, 417
137
158
59
171
532
591
5,170
111
153
57
1,370
9
71
59
7
13,733
9,333
109,526
1,814
2,173
1,339
2,379
2
3
7
no
126
233
216
79,597
37, 207
3,001
666
5,073
6,154
6,873
1,726
140, 297
5,203
376,027
302, 863
21,478
5,535
31, 678
36, 340
52,154
10, 706
836, 781
4
1
189
898
71
748
56
169
7
7
30
19
37
37
8
386
1,890
1
78
1
35
17
23
2
6
1,122
836
248
10
7
38
56
37
2,354
5,209
377,149
303, 699
21, 726
5,545
31, 685
36,378
52, 210
10,743
839,135
8
8
240
4,947
6
31,078
13,027
150,994
180,928
1,122
39,110
23. 557
111,986
128, 210
836
2,416
1,591
7,897
9,574
248
2,924
279
2,044
288
10
5,420
6,376
12,145
7,737
7
2,349
639
14, 368
18,984
38
5,528
3,874
19,665
23,087
56
3, 555
198
3,504
3,449
37
92,380
49,541
322.603
372,257
2,354
NOTE.—The number of banks shown in this table represent active associations on June 30, 1939. The remaining figures, however, include the returns of 5,230 active banks
in the 6 months ended Dec. 31,1938.
TABLE N O . 23.—Earnings and dividends of national banks for the year ending June 80y 1939—Continued
Or
[In thousands of dollars]
Recoveries, profits on securities
sold, etc.
Expenses
Officers
Employees
other than
officers
I
if*
Location
8™
II
•3
Maine
New HampshireVermont
Massachusetts....
Rhode Island
Connecticut
Total New England StatesNew York
New Jersey
Pennsylvania
Delaware
Maryland
Districi of Columbia
Total Eastern States.
Virginia
West Virginia...
North Carolina,
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
,
490
457
338
4,197
350
1,441
7,273
14,127
3,188
9,019
107
838
706
27,985
1,614
760
585
389
1,176
1,136
1,036
370
1,032
6,454
613
1,101
1,408
17,674
542 407
149
453 368
166
287 228
140
4,639
740
449 319
74
1,802 1,169
307
1,576 10, 215 7,130
2,445 26,415 15,823
911 4,052 2,962
2,549 12, 397 8,283
72
92
45
1,027 746
239
1,046 731
128
6,317 45,029 28, 617
1,658 1,342
538
885 649
264
558 432
181
381 310
122
1,237
1,565
291
1,464 1,092
288
999
1,271
314
361 300
112
199
1,807 1,327
2,035 5,954 4,432
223
507 449
415
1,170 1,009
1,749 1,357
5,370 19, 330 14,935 i
48 1,203
417
42 638
238 3,342
290
1,381
500 7,271
589 9,979
321 5,894
994 19, 207
201
1,575
671
2, 023 37, 527
120 2,884
47 1,259
22 540
13 221
72 935
54 650
35 1,174
23 436
59 955
229
40 490
64 1,
2,074
844 15,746
61
83
34
1,334
18
353
1,883
4,289
1,269
24 2,127
12
138
128
59 7,963
165
148
92
22
371
206
159
131
369
1,795
67
232
341
141
130
186
639
640
356
7,189
636
257 1,761
1,441 11, 221
2,933 27, 498
567 5,261
4,427 13, 554
39
110
421
1,202
222
814
8,609 48,439
629 2,003
216
1,173
123
733
140
415
566 2,049
96
1,860
231
1,565
87
507
487 1,939
1,736 8,090
156
836
383
1,377
618 2,434
30 4,099 5,468
24,981
3,124
2,222
1,883
23, 644
1,849
7,092
39, 814
85, 852
20, 563
61, 749
574
5,270
3,626
177, 634
9,076
V"
2,654
1,581
6,737
5,468
5,473
1,917
6,648
27,097
2,713
5,629
8,172
1,349
890
642
12, 253
662
2,551
18, 347
43, 723
7,830
32, 594
352
2,738
1,430
88, 667
442
1,019
63
1,647 2,996
296
351
18
757 1,647
304
20
523
78
1,165
700 5,948 833 9,348 21, 601
255
193
764
266
1,426
963
157 2,375 4,926
757
2,751
2,539 8,840 1,284 15,414 33, 761
9,543 7, 237 24, 468 3,255 44, 503 88, 226
6,751
458 9,619 17,449
1,395
1,015
1,336 3,228 13, 393 826 18, 783 51, 377
4
92
134
31
486
7
45 4,634 7,372
118 2,127 2,344
826
13
1,327 2,757
391
97
12,116 14, 409 47,874 4,601 79,000 167, 667
123
92
121
1,867
50
4,211
403
411
2,149
112
1,:
42
802
180
2,829
183
2,804
206
2,479
101
651
96
2,651
13,106 2,571
144
1,324
287
2,311
277
3,981
40,467 5,013[
346
160
33
84
66
462
36
88
1,720
1,623
95
422
381
5,516
1,082
427
254
127
442
1,174
786
328
1,383
4,352
350
1,115
1,169
120
168
58
13
103
40
150
84
70
521
77
147
156
12, 989 1,707
1,951
1,166
457
266
791
1,859
1,178
601
3,269
9,067
666
1,971
1,983
25, 225
6,162
3,315
1,626
1,068
3,620
4,663
3,657
1,252
5,920
22,173
1,990
4,282
5,964
65, 692
Ohio
Indiana.
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
3,795 1,058
_ .. _ _ _
_ _ _.
Total Middle Western States
529
1,566
7,697 1,595
427
1,905
458
1,679
838
3,054
427
1,190
451
1,985
4,933
2,008
14,114
3,776
2,684
3,759
1,010
2,746
3,548
1,609
9,136
2,393
1,702
2,793
919
2,118
218
86
237
80
105
257
42
65
5,808
2,525
7,434
2,733
2,761
3,143
912
1,383
35,030 24, 218
1,090 26, 699
170
211
520
638
145
102
325
85
880
262
264
287
310
1,214 1,005
892
965
290
356
168
233
1,447 1,008
211
271
2,113 1,638
30
309
57
258
59
564
68
559
52
269
13
250
50
775
9
169
65 1,252
8,522 3,076
7,173 5,761
1,890
456
1,124
358
10, 891 2,427
291
92
258
71
161
47
333
90
14, 948 3,541
22,871 5,783
516 2,020
991
293
5 1,351 2,888
421
327
190
413
8
494 1,165
1
149
134
1
686
300
1
2
9,514
911
3,886
373
24,820 2,958
4,964
400
3,516
612
5,210 1,462
2,167
226
4,141
707
675
371
2,953
1,339
506
984
144
1,066
183
4,088
213
3,011
14, 204 1,438
5,516
192
3,451
473
2,096
603
578
65
2,271
199
5,857
3,968
21, 553
7,447
5,042
5,145
1,013
4,243
37, 648 135, 694
35, 215 3,366
54, 268 112,486
58, 218 7,649
8,038
62
30
266
205
144
72
346
49
623
415
486
1,988
1,541
509
270
1,478
310
2,926
1,537
1,735
5,754
5,113
1,852
1,209
5,454
1 133
9,614
543
83
662
87
2,707
442
2,360
356
783
377
593
97
2,371
585
654
140
5,397 1,270
75
29
1,475
661
90
29
507
45
239
137
61
1,025
660
268
140
852
100
1,241
8
34
96
151
31
14
238
59
257
303
211
3,038
1,828
766
280
2,182
344
3,007
846
873
5,745
4,188
1,549
873
4,553
998
8,404
403 4,405
12 1,166 1,797
9,923
33,401
16, 070 3,437
3,150
4,484
888
11, 959
28,029
2,660 1,877
1,784 1,306
21, 772 13, 519
222
252
296
220
114
185
389
498
48 1,837
12 1,328
272 21, 861
270
7
18
388
2
218
4
263
1
394
99
182
219
6 2,517 4,152
33
35
92
41
36
51
174
15
2,473
1,897
17, 722
289
406
229
572
9,402
6,546
79,193
1,177
1,499
882
1,859
4,331
318
397
2,787
30, 333 1,509
30
637
674
47
21
457
520
93
93
314
989
59
23
14
58
282
2,076
122
603
16, 687 1,130
34
238
43
138
1
57
21
161
2,769
1,436
20,315
361
251
93
333
7,100
4,223
50, 648
998
925
550
853
27,447 17, 647
363 26,165
7 2,925 5,115
23,588 100, 558
39, 739 2,415
1,550
19, 960 1,633
25, 558
65, 297
Total United States (exclusive of
possessions)
__ 99, 273 25, 663 144, 224 98, 308
5,223 117,813
North Dakota _
South Dakota
Nebraska
_ __
Kansas _ .
Montana
Wyoming
Colorado
New Mexico
Oklahoma.- __
.
_ _
411
537
1,459
1,528
435
328
1,169
269
.__ 2,386
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 possessions
banks)
18 3,828 8,510
15,371
7,854
46, 373
12,411
8,558
10, 355
3,180
8,384
23,528
9,846
48,086
12, 684
10, 576
15,915
5,140
9,919
6,236
2,377
14, 360
3,442
2,736
4,042
1,702
2,753
6
3
2
1
46
57
198
244
87
43
187
56
248
136 21,864 30, 940 155, 800 575, 273 261, 508 33, 381
52
14
39
19
2
46
3
23
61
226
160
24
229
38
297
164
6
357
30
82
179
1,180
710
7
15
4
16
18
5
12
65
13
296
56
352
201
110
252
1,471
883
17
35, 202 129, 362 13,479 211,424 472,932
15
3
1
43
203
411
24
442
1,152
14
27
499
1,382
14
(nonmember
Total United States and possessions. 99, 569 25, 719
816
9,089
New York City (central Reserve city)
336
4,096
Chicago (central Reserve city)
32,873 5,574
Other Reserve cities, _
__
53, 215 18,937
Country banks (member banks)
56
296
Possessions (nonmember banks).
1
Number at end of period.
144, 576 98, 509
21,430 12,064
10,488 5,999
63,974 41. 761
48, 332138,484
3521 201
8
420
5, 231 118,233
188 2,026
61 4,123
1,118 41,426
3,856 70, 238
8
420
2
33
31
136 21,897 31,050 156, 052 576, 744 262, 391 33, 412
1 3,097 2,148 20, 746 58, 725 33, 655 7,726
9,724 31,444 18,097 2,308
924 2,028
2 7.648 13.185 61, 632 221, 858 100, 745 10,467
133 10,195 i 13, 579 63, 698 263, 246 109, 011 12,880
252
883
1
33! 110
31
1,471
15
428
25
35, 217 129, 790 13, 504 211,923 474, 314
5,584 18, 484 2,836 34, 630 68, 285
2,244 10, 966 1,022 16, 540 34, 637
13, 267 55,183 4,523 83,440 184,185
14,107 44, 729 5,098 76,814 185,825
15
499
25
1,382
428
Number of full-time and part-time employees at end of period.
TABLE N O . 23.—Earnings and dividends of national banks for the year ending June SO, 1939—Continued
Or
00
[In thousands of dollars]
On bankOn bonds, ing
house,
and furniture
On loans stocks,
other seand
fixcurities
tures
Location
Maine
New Hampshire._.
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States...
New York
New Jersey . . ._
Pennsylvania
Delaware
.
Maryland
District of Columbia
Total Eastern States
Virginia
._
West Virginia
North Carolina .
South Carolina
Georgia. _
Florida
Alabama
Mississippi.
Louisiana
Texas
Arkansas
Kentucky
.
Tennessee...
Total Southern States
Ohio _
Indiana. .
Illinois
Michigan.
Wisconsin
Minnesota
301
229
137
3.751
301
669
5,388
26 524
3 034
7,142
42
..
476
126
1 113
531
280
108
80
26
Other
losses
and depreciation
84
39
47
1,134
71
4,825
415
1,231
8,395
1,170
25
1,774
1,614
24 017
6 663
15, 843
111
4,051
6 005
1 005
2,655
23
2 294
1,769
2,348
7
367
239
76
45
Total
1,392
879
490
768
675
29, 386
4,978
23, 389
303
2,672
1,772
62, 500
889
911
6,539
105,167
827
463
84
69
323
3^3
655
175
284
935
529
90
160
262
338
220
112
57
418
446
308
61
402
2,640
1,490
148
262
402
540
278
99
39
155
108
115
53
136
999
83
172
313
4,60i
3,090
1,027
655
458
8.091
2 357
557
3 003
454
422
1,371
227
1,485
1,035
11, 658
2 674
1,531
10 985
4,607
2,851
2,626
1,428
449
1 387
1,818
359
386
382
303
334
901
389
304
177
58 840
12,471
27,988
183
4,700
9,884
231
566
750
97
42
43
233
14
51.400
3,341
On common
stock i
10,721
614
2,420
16,590
37, 344
2,395
3,041
On preferred
stock
10,880
812
2, 506
17,171
97
99
274
209
Net addition to
profits
1 604
715
1,016
Ratios
Dividends
Losses and depreciation
985
385
325
1,158
1,893
1,352
498
3,217
8,809
3,522
1,825
1,241
743
2,462
2,770
2,305
754
2,485
2,500
27, 441
2,703
13,364
1,301
1,797
3,464
38, 251
6,713
2, 995
17,193
5,802
3,962
5,232
8,658
4,859
29.180
6.609
4,596
5,123
689
180
609
574
2
105
50
Total
486
346
220
6,995
572
1.141
9,578
7,228
586
1,821
10.187
35, 670
1.185
12, 593
169
1,591
36, 559
2,096
13,167
171
1,696
618
668
2,531
51,826
54, 357
57
91
28
40
33
30
240
70
87
417
46
96
197
2,020
2,077
639
511
453
730
539
493
1,559
i, 592
1,421
i,661
6,304
6,721
Net addiCapital
tion to
funds 2 3
profits to
capital
funds
18,466
14,298
9,820
202,182
16,903
41,427
303,096
7.54
5.37
6.87
5.30
3.63
5.84
5.47
103.19
86.29
105.14
87.50
92.75
9-i. 86
90.42
69.84
71.40
74.57
65.87
73.64
73.55
68.45
695.472
102, 398
441, 307
5, 307
32,067
20,094
1, 296,645
4.23
4.86
5.30
5.71
8.33
8.82
4.82
67.21
63.58
71.76
86.08
97.59
123. 92
70.49
66.26
72.42
65.45
61.99
65.81
71.72
66.70
7.13
7.65
8.97
8.98
7.34
9.69
6.93
9.19
9.35
9.09
10.10
5.88
7.86
8.27
83.64
84.92
106.16
92.64
87.03
98.79
92.98
115.82
101.96
101.97
98.26
77.76
87.01
94.52
68.31
67.63
69.42
66.34
70.43
66.10
68.83
74.65
71.49
67.40
67.20
70.89
68.58
68.54
6.46
9.51
10. 20
9.74
8.53
7.10
91.00
125. 04
117. 57
133.14
130. 72
98.33
71.21
71.70
65.96
71.87
75.05
75.34
557
603
1,432
1, 094
1,446
17,836
1,190
1,643
19,268
49, 393
23,870
13.840
8,271
33,534
28, 591
33, 263
8,201
28,895
147,097
12,886
30, 555
44,084
462,480
641
174
618
454
349
146
3,235
1,490
6,628
1,356
3,477
2,613
3,876
1,664
7,246
1,810
3,826
2,759
134, 085
51,106
286, 209
67.858
53,866
72,128
820
221
791
850
291
878
ExNet addipenses
tion to
profits to to gross
earnnet earnings
ings
321
733
486
1,983
239
444
75
146
1,121
3,306
2,059
5,078
91
84
798
2,114
889
2,198
24,150
56,035
8.53
9.06
95.02
122. 63
70.34
70.55
9,218
27, 743
5,192
4,171
46, 324
66,162
2,557
21, 711
24, 268
745, 437
8.88
113. 65
69.98
168
117
499
466
255
67
488
285
820
190
78
2,215
1,025
287
151
904
73
386
85
75
330
415
118
61
300
68
916
79
37
125
215
17
4
105
34
141
522
307
3,169
2,121
677
283
1,797
460
2,263
324
566
2,576
2,067
872
590
2,756
538
6,141
28
66
65
53
15
17
65
10
80
249
379
1,367
1,097
744
276
1,140
287
2,325
277
445
1,432
1,150
759
293
1,205
297
2,405
6,043
6,377
26, 868
27,188
8,579
5,530
26, 798
3,836
47,106
5.36
8.88
9.59
7.60
10.16
10.67
10.28
14.03
13.04
59.67
85.50
95.16
87.58
111.37
99.49
116. 24
82.26
113. 79
73.89
72.38
68.01
68.42
70.28
67 09
69.70
63 40
64.05
3,165
5,309
2,368
757
11, 599
16, 430
399
7,864
8, 263
158, 325
10.38
102. 24
67.52
703
469
20, 236
49
30
15
141
947
939
8,932
170
200
31
142
448
235
2,556
61
67
3
104
309
237
3, 949
5
22
8
55
2,407
1,880
35, 673
285
319
57
442
4,693
2,343
14, 975
713
606
493
411
64
5
764
27
36
2
36
2,022
559
16, 537
297
380
151
239
2,086
564
17,301
324
416
153
275
40, 674
21, 746
275, 827
4,504
8,110
2,405
4,992
11.54
10.77
5.43
15.83
7.47
20.50
8.23
108. 36
84.07
49.37
111. 93
89.91
107. 88
79. 04
68.46
70.14
72.31
64.88
68 98
65.87
78.14
Total Pacific States
21, 643
11, 361
3,474
4,585
41, 063
24, 234
934
20. 185
21,119
358, 258
6.76
60.98
71.68
Total United States (exclusive of possessions) _
84,849
115,866
27, 294
20, 756
248, 765
224,167
8,462
129, 000
137,462
3, 324, 241
6.74
85.72
68.75
13
11
24
7
55
148
61
61
757
19.55
92.50
58.55
34
446
50
6
536
616
268
268
6,440
9.57
86.76
62.43
4
23
6
1
7
212
10.85
176. 92
83.33
[owa
-
Missouri
Total Middle Western States.
North Dakota
South Dakota
Nebraska
Kansas
Montana
__
Wyoming
Colorado
New Mexico
Oklahoma _. _
Total Western States
Washington
__ _
__ _
-
Oregon
C alifornia
Idaho
Utah
Nevada
Arizona
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States
(nonmember bank)
Total possessions (nonmember banks)
Total United States and possessions
.
New York City (central Reserve
city) _ _ _ - ... _
Chicago (central Reserve city)
Other Reserve cities
_
Country banks (member banks)_._
Possessions (nonmember banks)..__
3
1
48
457
77
13
595
787
6
330
336
7,409
10.62
89.13
62.49
84, 897
116,323
27, 371
20, 769
249, 360
224,954
8,468
129,330
137, 798
3, 331, 650
6.75
85.73
68.73
23, 554
1,763
33, 394
26,138
48
17, 548
8,198
43, 781
46,339
457
4,984
730
10, 085
11, 495
• 77
914
1, 343
7,813
10, 686
13
47,000
12,034
95, 073
94, 658
595
21,285
22, 603
89,112
91,167
787
6
397
2,955
5,104
6
33,256
4,626
53,099
38,019
330
33.262
5,023
56,054
43,123
336
552, 583
211, 564
1, 206,764
1,353, 330
7,409
3.85
10.68
7.38
6.74
10.62
63.24
124. 90
88.45
83.63
89.13
63.57
63.47
68.77
70.72
62.49
1 Includes 623 stock dividends aggregating $10,109,000.
reserves
Represents aggregate book value of capital stock, surplus, undivided profits, r(
for dividends payable in common stock, reserves for other undeclared dividends, retirement account for preferred stock, and reserves for contingencies, etc.
2
3
Figures for capital funds* are averages of amounts from reports of condition for 5 call
dates from June 30, 1938. to June 30, 1939, inclusive.
Cn
o
TABLE N O . 24.—Earnings and dividends of national banks, by Federal Reserve districts, for the year ending June 80, 1989
OS
O
[In thousands of dollars]
District District District District District District District District District District District District Non- Grand
No. 2
No. 3
No. 1
No. 4
No. 5
No. 7
No. 8
No. 10 No. 11 No. 12 member total
No. 6
No. 9
(596
(586
(538
(316
(313
(505
(334
(664
(482
(266
banks (6 (5,209
(388
(215
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
Gross earnings:
26,694
Interest and discount on loans
Interest and dividends on bonds, stocks,
18,199
and other securities _ _ _ _ _ _
Collection charges, commissions, fees, etc.
699
Foreign department (except interest on
foreign loans, investments, and bank
balances)
_ __ __
__ _
767
2,551
Trust department
2,834
Service charges on deposit accounts
3,643
Rent received
904
Other current earnings
Total earnings from current operations _ 56,291
Expenses:
Salaries and wages:
Officers
___.
. _ -.
Employees other than officers
Number of officers
Number of employees other than officers
Fees paid to directors and members of
executive, discount, and advisory com-
Interest on time and savings deposits
Interest and discount on borrowed money.
Real estate taxes
__ _
Other taxes__ __
__
Other expenses
Total current expenses
Net earnings
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
57,071
30,639
26, 660
20,075
21, 922
36,941
15, 292
13,137
23, 685
24,361
79, 550
1,122
377,149
62. 489
3,278
34, 248
663
29,664
853
12,449
774
12, 435
1,993
50, 452
3,945
10,714
1,232
11,411
2,670
13, 056
1,246
10,564
1,130
37,182
2,995
836
248
303,699
21, 726
2,953
7,070
5,816
9,192
4,040
258
1,530
1,736
4,212
445
155
2,001
2,275
4,550
494
20
1,072
1,774
2,008
264
168
1,287
2,153
3,331
261
440
7,798
5,484
7,900
820
19
492
1,213
1,546
419
62
988
1,294
1,576
672
7
1,276
3,340
3,555
330
24
540
2,273
3,776
333
662
5,073
6,148
6,865
1,724
10
7
38
56
37
5,545
31, 685
36, 378
52, 210
10, 743
151,909
73,731
66,652
38,436
43, 550
113, 780
30,927
31,810
46, 495
43, 001
140,199
2,354
839,135
7,014
9,835
1,520
6,864
16,754
29,801
3,125
18,260
7,187
9,311
2,189
6,387
7,108
9,634
2,031
6,721
4,800
5,479
1,441
4,140
5,395
7,148
l,4t£
5,550
12, 294
22, 332
2,698
14, 602
4,180
4, 544
1,376
3,778
5,015
5,104
1,581
4,001
7,716
7,205
2,633
5,624
6,895
6,406
2,174
4,750
14, 915
27,425
3,534
17,631
296
352
56
201
99, 569
144, 576
25,719
98,509
484
6,942
10
1,784
1,416
10, 817
821
14, 737
25
5,251
3,371
31, 860
950
14, 431
30
1,729
3,246
10,861
420
13,140
9
1,468
3, 544
10,950
304
6,969
422
13, 959
10
2,229
4,142
22, 635
204
4,418
9
737
1,426
5,831
448
4,783
1
772
1,483
6,080
281
3,835
13
1,015
1,886
9,402
246
3,097
8
1,914
1,914
8,642
363
26,151
7
2, 916
5,114
23, 572
8
678
1,730
6,215
280
5,351
9
1,371
1,668
8,935
252
5,231
118, 233
136
21,897
31, 050
156, 052
38, 302
102, 620
47, 745
46, 273
26,180
30.157
78, 023
21, 349
23, 686
31, 353
29,122
100, 463
1,471
576, 744
17,989
49, 289
25, 986
20,379
12, 256
13, 393
35, 757
9,578
8,124
15,142
13, 879
39, 736
883
262, 391
2,635
10,456
1,009
1,654
1,096
889
4,320
1,055
2,122
3,085
2,649
2,411
31
33,412
2,349
8,645
1,572
2,690
3,138
1,267
4,810
1,880
1,395
3,121
2,796
1,539
15
35, 217
420
33
110
8, 465
1,271
30, 318
3,623
8,375
462
10, 975
721
5,018
410
25, 360
2,263
3,066
716
4,636
865
4,750
572
19, 920
1,630
428
25
129, 790
13, 504
14,720
53, 042
14, 277
13,181
9,662
4,657
464
7,277
36, 753
3,822
482
7,239
7,299
11, 707
10, 767
25, 500
499
211, 923
32, 709
102, 331
40, 263
33, 560
21, 918
20, 670
72, 510
16, 817
15, 423
26, 849
24, 646
65, 236
1,382
474,314
5, 242
7, 995
1,702
1,542
28, 563
30,173
6, 841
3,644
7,101
11, 820
2,043
2, 261
3,867
8,221
2,040
1,346
1,998
6,438
901
1,064
2,259
3, 099
1,790
723
4,141
18, 754
2, 448
2,872
1, 637
4, 515
965
506
2,179
3,784
1,276
510
2,723
5,182
2,312
640
3,497
4, 561
1,502
1,065
21, 642
11, 324
3,474
4,583
48
457
77
13
84, 897
116, 323
27, 371
20, 769
16,481
69, 221
23, 225
15,474
10, 401
7,871
28, 215
7,623
7,749
10,857
10, 625
41, 023
595
249, 360
Net addition to profit...
16, 228
33,110
17,038
18,086
11, 517
12, 799
44, 295
9,194
7,674
15, 992
14, 021
24, 213
787
224,954
Dividends:
On preferred stock
692
549
1,545
19,484 2 36, 617 310, 654
871
6,186
367
5 5, 749
6
7,057
6,116
Profits on securities sold
Allother
Total
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities..,.
On banking house, furniture and fixtures.
O ther losses and depreciation
Total
On common stock
Total
10,033
707, 393
697,436
2,214,740
295, 626
38,162
11, 346
1,652,849 656,004
3,093,344 994, 203
7,076,863 2,315,249
774,656 334, 403
4
Total current expenses
Net current earnings
Net losses and depreciation,
less profits on
securities sold l7_._
Net profits
Ratios to loans:
Interest and discount on loans
Net losses (—) or recoveries (+) on loans.
See footnotes at end of table.
30.79
12.33
24.92
31.19
9.70
26.66
23.67
19.57
21.52
6,036
554,937 389,106 466, 345
1,058,005 478, 358 454, 553
2,343,166 1,322,397 1,464,063
293,074 144, 034 152, 967
Loans14
Investments 14
Total available 416
funds 1-415
...
Capital funds 1
Percent Percent Percent Percent Percent
Ratios to total earnings:
52.23
40.00
41.55
37.57
47.42
Interest and discount on loans
32.39
44.51
46. 45
32.33
41.13
Interest and dividends on investments...
4.62
3.41
2.36
5.04
3.83
Service charges
10.76
15.21
12.08
9.64
17.47
All other current earnings
100.00
J00. 00
100. 00 100. 00 100.00
Total current earnings
Salaries, wages and fees
Interest on deposits
All other current expenses
647
1,516
5, 389 ^ 12, 622
271
8 4, 271
4,542
312
333
9 4,333 io 6,861
7,194
4,645
934
425
ii 6, 669 12 20,165
21,099
7,094
6
13 330
336
137, 798
984, 506 351,127 275,756 417,418 428.151 1,529,840
2,241,294 400, 264 411,190 509, 530 410, 768 1,478,519
5,119,086 1,145,810 1,051,648 1,615,653 1,475,859 4,054,505
444, 745 110, 367 104, 973 156, 080 155, 262 358, 054
19, 474
25, 460
61, 454
7,409
8, 432, 906
12,252,924
31,260,493
3, 331, 650
Percent Percent
47.66
56.74
35.51
26. 52
1.62
4.39
15.21
12.35
Percent
44.94
36.19
4.34
14.53
14,138
Percent
50.34
28.55
4.94
16.17
Percent
32.47
44.34
4.82
18.37
Percent
49.45
34.64
3.92
11.99
Percent
41.30
35.87
4.07
18.76
Percent
50.94
28.08
7.18
13.80
Percent
56.65
24.57
5.29
13.49
8,468
129, 330
100. 00
100.00
100.00
100. 00
100. 00
100.00
100.00
100.00
100.00
25.75
19.72
23.96
27.53
18.13
22.45
29.44
12.29
27.52
30.80
12.27
25.50
28.87
14.28
25.88
33.22
15.04
26.20
32.70
8.25
26.49
31.50
7.20
29.02
30.46
18.65
22.55
27.87
17.84
16.78
29.72
14.09
24.92
68.04
67.55
64.76
69.43
68.11
69.25
68. 57
69.03
74.46
67.44
67.72
71.66
62.49
68.73
31.96
32.45
35.24
30.57
31.89
30.75
31.43
30.97
25.54
32.56
32.28
28.34
37.51
31.27
-3.13
-10.65
- 1 2 . 13
-3.44
-1.93
-1.36
+7.50
-1.24
-1.42
+1.83
+.33
-11.07
-4.08
-4.46
28.87
21.80
23.11
27.13
29.96
29.39
38.93
29.73
24.12
34.39
32.61
17.27
33.43
26.81
3.77
-.37
3.45
-1.10
4.67
-.93
4.80
-.40
5.16
-.23
4.70
-.29
3.75
+.02
4.36
-.17
4.76
-.02
5.67
+.09
5.69
-.20
5.20
-1.26 '
5.76
- . 09
4.47
-.61
TABLE N O . 24.—Earnings and dividends of national banks, by Federal Reserve districts, for the year ending June SO, 1989—Continued
[In thousands of dollars]
District District District District District District District District District District District District NonGrand
No. 2
No. 4
No. 6
No. 1
No. 3
No. 5
No. 7
No. 8
No. 9
No. 10 No. 11 No. 12 member total
(596
(505
(334
(266
(538
(313
(586
(316
banks (6 (5,209
(388
(664
(482
(215
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
Ratios to investments:
Percent Percent Percent
2.02
Interest and dividends on investments. __
3.44
2.61
.98
Profits on securities sold _ _____
1.10
1.21
Net losses (—) or recoveries (+) on investments. __
__ _
-1.03
—.81
—.70
Ratios to total available funds:
Total current earnings
Net current earnings
Net profits
Ratios to capital funds:
Net current earnings
_
Net profits
Ratio of net profits to net earnings
.73
.47
3.18
1.12
.74
6.09
5.49
90.21
6.36
4.27
67.18
7.77
5.10
65. 57
2.54
.81
1 Includes 12 stock dividends aggregating $204,000.
2 Includes 32 stock dividends aggregating $325,000.
34 Includes 21 stock dividends aggregating $139,000.
Includes 40 stock dividends aggregating $515,000.
5 Includes 34 stock dividends aggregating $366,000.
e7 Includes 31 stock dividends aggregating $836,000.
Includes 104 stock dividends aggregating $3,858,000.
s Includes 35 stock dividends aggregating $206,000.
9 Includes 65 stock dividends aggregating $906,000.
10 Includes 121 stock dividends aggregating $1,325,000.
» Includes 69 stock dividends aggregating $526,000.
ia Includes 58 stock dividends aggregating $902,000.
2.15
.70
Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent
2.60
2.74
2.80
2.68
2.78
2.56
3.28
2.25
2.57
2.51
1.05
1.02
.95
.75
.91
1.68
.79
1.16
1.35
1.13
-.69
-.40
-.62
-.66
-.58
-.40
-.43
—.66
-1.74
-.66
2.84
2.91
2.97
2.22
2.70
3.02
2.88
2.91
3.46
2.68
.77
.87
.87
.80
.73
.94
.94
.87
.99
.95
.60
.98
3.83
1.44
1.28
6.95
6.17
88.75
8.51
8.00
93.97
8.76
8.37
95.56
8.04
9.96
123. 88
8.68
8.33
95.99
7.74
7.31
94.46
9.70
10.25
105. 61
8.94
9.03
101. 02
11.10
6.76
60.93
11.92
10.62
89.13
7.88
6.75
85.73
.93
.91
.70
.84
.77
s
Percent
2.48
1.06
-.52
.87
O
to
M
.84
.72
is Includes 1 stock dividend of $1,000.
14 Figures for loans, investments, total available funds, and capital funds are averages
of amounts from reports of condition for 5 calls from June 30, 1938, to June 30, 1939, inclusive.
is "Total available funds" comprise total deposits, borrowed money, and total capital
accounts.
is Represents aggregate book value of capital stock, surplus, undivided profits, reserves
for dividends payable in common stock, reserves for other undeclared dividends, retirement account for preferred stock, and reserves for contingencies, etc.
17 Minus figures represent the excess of gross losses and depreciation over profits on securities sold and recoveries; plus figures, the opposite.
Q
O
p
W
TABLE NO. 25.—Earnings and dividends of national banks for the period of 6 months ended Dec. 81 > 1938
[In thousands of dollars]
Gross earrings
Number
Location
of banks
Maine
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
N o r t h Carolina
South Carolina
Georgia
Florida
Alabama
_-
-_
___
_
Mississippi
Louisiana
Texas
Arkansas
Kentucky
.
Tennessee
Total Southern States
-
39
52
42
126
12
54
Interest
and discount on
loans
902
761
711
8,392
691
2,376
Foreign deInterest and
partment
Collection
dividends
(except inTrust deon bonds, charges, com- terest on
missions, foreign loans, partment
stocks, and
fees, etc.
other securiinvestments,
ties
and bank
balances)
Service
charges on
deposit
accounts
134
33
21
744
32
513
88
99
44
878
75
244
1,074
538
404
5,523
433
1,224
19
23
14
244
6
46
1
1
370
11
8
Rent
received
67
81
43
1,353
31
347
Other
current
earnings
10
20
18
522
9
39
Total earnings from
current
operations
2,295
1,556
1,255
18,026
1,288
4,797
325
13,833
9,196
352
391
1,477
1,428
1,922
618
29, 217
439
229
696
16
63
9
24,442
5,758
18,226
229
1,442
1,105
27, 726
5,906
23,801
208
2,182
942
1,383
189
421
4
33
26
1,854
8
159
3
2
3,302
475
973
7
70
114
2,305
698
1,001
10
104
145
3,851
1,291
2,497
10
188
125
2,153
90
252
2
59
3
67, 016
14, 415
47,330
470
4,081
2,462
1,452
51,202
60, 765
2,056
2,026
4,941
4,263
7,962
2,559
135, 774
131
79
43
20
53
53
66
25
30
449
50
98
71
3,985
1,991
1,069
618
2,792
1,554
1,951
601
1,998
11,059
1,016
2,353
3,611
1,757
796
430
256
788
1,485
994
452
1,623
4,949
580
1,223
1,643
102
69
81
100
316
211
142
112
177
607
147
52
278
3
1
1
1
245
53
51
44
159
151
135
13
121
287
71
54
144
249
108
201
96
223
299
165
58
231
1,022
106
157
223
302
285
106
28
372
295
381
80
370
1,875
111
149
384
49
35
8
9
25
29
27
4
28
165
39
13
132
6,692
3,338
1,946
1,151
4,675
4,024
3,854
1,320
4,574
19,974
2 070
4,002
6,416
1,168
34,598
16,976
2,394
101
1,528
3,138
4,738
563
64,036
59
26
10
TABLE NO. 25—Earnings and dividends of national banks for the period of 6 months ended Bee. 81, 1988—Continued
[In thousands of dollars]
Gross earnings
Number
of banks
Location
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
_
_.
.__
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
_
_
WyOTning
Colorado
New Mexico
Oklahoma—
._
.
_ _
_
Total Western States
Washington
Oregon
California
Idaho.
Utah
Nevada
Arizona
._ _
_.
__ _
Total Pacific States . .
-_
-_ -_ -
Interest
and discount on
loans
Foreign department
Interest and
Collection
(except individends
terest on
on bonds, charges, commissions,
foreign loans,
stocks, and
fees, etc.
investments,
other securiand bank
ties
balances)
Other
current
earnings
Total earnings from
current
operations
Trust department
Service
charges on
deposit
accounts
745
335
1,442
500
384
338
293
285
1,288
439
2,621
426
549
470
221
294
160
48
197
86
100
203
43
34
16,569
6,810
36,640
8,866
7,069
10,736
3,617
6,965
Rent
received
246
127
316
82
105
193
109
86
7,438
2,761
11,057
3,136
2,167
4,474
1,847
3,276
5,864
2,899
16,147
4,102
3,622
3,792
1,009
2,606
265
155
1,410
256
163
963
137
198
56
3
167
51
10
30
8
753
170
3,599
309
74
466
67
264
1,264
36,156
40,041
3,547
325
5,702
4,322
6,308
871
97, 272
50
43
136
182
43
26
78
22
214
443
599
2,026
1,976
528
636
1,804
553
4,078
306
293
1,170
941
559
196
1,269
189
1,992
155
97
149
113
90
32
113
33
203
11
8
134
42
8
13
172
9
86
51
90
311
340
68
71
341
64
429
68
49
416
364
127
29
224
65
625
57
59
16
22
27
3
38
4
89
1,091
1,195
4,223
3,798
1,407
980
3,963
917
7,502
794
12,643
6,915
985
3
483
1,765
1,967
315
25,076
48
28
102
20
13
5
5
3,947
2,211
31,594
513
620
289
638
1,847
1,639
14,335
275
267
217
257
276
87
996
33
28
16
50
34
20
286
304
296
2,158
70
76
29
3
257
133
2,279
5
25
11
16
84
262
295
2,577
55
56
63
94
79
28
709
5
23
28
4
7,006
4,709
54,934
956
1,095
653
1,146
221
39,812
18,837
1,486
343
2,726
3,017
3,402
876
70,499
1
2
Total United States (exclusive of possessions)
-Alaska (nonmember banks) _«
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States (nonmember
bank)
Total possessions (nonmember banks).
Total United States and possessions
New York City (central Reserve city)
Chicago (central Reserve city)
Other Reserve cities
__ _ _
Country banks (member banks)
Possessions (nonmember banks)
5,224
188,244
152, 730
10,820
4
1
103
418
35
421
35
86
3,189
16,857
17,933
26,299
5,802
421,874
3
3
15
10
18
32
221
962
4
1
18
8
11
1
6
539
464
132
5
3
19
28
32
1,222
5,230
188,783
153,194
10, 952
3,194
16,860
17,952
26,327
5,834
423,096
8
8
240
4,968
6
15,988
6,621
75,346
90,289
539
20,331
11, 798
56,168
64,433
464
1,094
792
3,940
4,994
132
1,848
149
1,044
148
5
2,824
3,369
6,401
4,263
3
1,183
317
7,077
9,356
19
2,902
1,948
9,884
11,565
28
1,962
105
1,916
1,819
32
48,132
25,099
161,776
186,867
1,222
1
39
3
w
O
o
H
O
o
w
O
Kl
TABLE N O . 25.—Earnings and dividends of national banks for the period of 6 months ended Bee. 81, 1988—Continued
[In thousands of dollars]
Expenses
Recoveries, profits on securities sold,
etc.
21
53
Salaries and wages
Officers
Employees
other than
officers
II
s
•c
3
Net earnin
Location
P
-J2
3
1
o
AH
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
40
44
31
740
13
163
52
65
95
302
38
109
251 3,685
1,031
661
281 5,049
159 3,014
502 9,695
102
6
35 800
20 326
2,103 1,190
659
302
1,208 2,371
25
8
35
204
64
98
l,003 1«,986
35 4,077 4,190
147
164
139
735
74
301
272 398
229 356
146 229
3,358 4,581
228 322
902 1,149
608
214
317
1,684
150
713
3,624 1,560
5,135 7,033
',887
7,002 2,4S5 13, 300 15,
903 2,049 2,875
1,599
6,381 8,187
4,551 2,514
74
48
56
48
529 733
424 228
695
531
.. 357 131
242
229
168
2,090
177
718
13,989 6,259
Total Southern States
807 530
382 269
176
305
118
199
280
611
568 298
516 304
116
191
194
532
3,287 1,975
309 216
419
553
700 377
._.. 8,960 5,270
1,551
1,115
954
11, 759
949
3,512
744
77
441
42
301
63
6,267 1,084
339
17
1,285
287
5,446
19,840
106
158
36
236
168
339
378
139
108
2,448
91
246
49
7
13
636
190
98
993
9,377 1,570
1,043
3,410
12, 940 41, 879 25,137 4,116
2,570 10, 355 4,060 448
6,676 31,401 15, 929 709
51
297
5
173
605
2,632 1,449
64
387
1,783
69
679
5,496
526
1,232
22
747
126
9,542 2,912
2,270 272
4,487 514
2
24
821
29
173
2
17, 317 3,731
610
346
220
4,404
466
970
1,354
787
521
10, 671
805
2,255
7,016
16,393
22, 066 47, 203
3,516
7, 576
6,942 22,871
53
226
3,110
1,661
370
1,049
47,427 5,411
8,149
34,608
82,035
631
448
308
1,241
1,085
901
296
l,i
4,480
429
1,007
60 1,4
24 627
11 276
7
108
36 468
25 321
16 584
11 216
29
468
121 1,408
22 248
32 655
32 1,057
112
80
49
16
214
108
100
69
191
949
30
139
108
245
125
58
75
282
42
99
48
248
899
73
171
292
990
570
370
208
1,008
906
759
248
945
3,955
41,1
679
1,188
4,498
2,265
1,366
.813
3,434
2,707
2,712
970
3,331
13,721
1,353
2,822
4,284
2,194
220
1,073
253
52
580
16
338
77
1,241
129
1,317
86
1,142
59
350
50
1,243
6,253 1,431
73
717
158
1,180
132
2,132
119
105
9
25
20
166
15
48
653
619
25
164
180
35:
135
93
33
206
426
306
75
387
1,157
143
355
350
79
93
41
6
48
10
67
50
39
308
51
34
76
775
586
195
80
351
731
474
232
1,129
3, 515
292
711
738
2,969
1,659
775
418
1,592
2,048
1,616
582
2,372
9,768
1,009
1,891
2,870
9,939 14,699
426 7,872
20 2,165 2,657
12,237
44, 276
19, 760 2,736
2,148
4,023
902
9,809
29,569
22,838 28,451
23, 229 88,347
•
Virginia
West Virginia. . .
North Carolina.
South CarolinaGeorgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
312
312
173
3,466
324
859
846
456
296
200
813
735
636
186
918
3,098
258
590
907
•
Ohio
Indiana
Illinois-Michigan
Wisconsin
Minnesota
_
Iowa
. Missouri
Total Middle Western States
North Dakota
Soath Dakota
Nebraska..
Kansas
Montana—
Wyoming
^
Coloraio
New Mexico
Oklahoma
Total Western States
Washington
Oregon
.__
California—
Idaho
Utah
Nevada
Arizona. __
Total Pacific States
Total United States (exclusive of
possessions)
Alaska (nqnmember banks)
The Territory of Hawaii (nonmember
bank)
Virgin Islands of the United States (nonmember bank)
1,919 1,066
791 517
3,880 1, 535
953 414
838 452
1,541
83 i
590 423
992 433
2,512
1,010
7,058
1,932
1, 352
1,871
505
1,402
3,518
1,554
9,097
2,335
1,689
2,732
872
2,039
11,482 5,674 17,640 23, 836
207
236
719
763
221
167
591
135
1,224
172
203
50 k
638
131 250
161 270
611 991
497 890
145 185 276
102
121 16^
323
747 993
85
133 199
851 1,086 1,607
4,296 3,023
3,672 5,640
112
43
118
41
56
133
21
33
557 13,397
16
31
35
35
26
7
24
4
33
155
128
275
235
133
130
332
84
632
1
252 1,074
149 488
590 807
173 211
207 107
190 555
67
68
235 331
3,063 11,877
1,158
4,897
7,072 23,184
1,678
6,340
1,391
5,388
2,057 7,934
835 2,547
1,330
5,009
4,692 347
1,913
204
13,456 1,386
2,526
212
1,681
367
2,802 669
1,070
107
1,956
320
328
172
1,998
471
260
358
60
442
12 1,863 3,641
18, 584 67,176
30, 096 3,612
4,089
5
4
1
1
4
2
1
13
30
77
159
55
30
90
36
138
20
15
149
116
78
43
143
24
297
218
235
1,038
759
247
132
712
153
1,445
760
866
2,909
2, 619
945
630
2,690
569
4,853
626
885
4,939
16,841
212 2,204
7
929 433 1, 345 1,815
550
891 1,272
5,537 2, 4O8 11,041 IS, 030
153
93
131 218
132
69
153 214
78
95 128
45
164
87
243 355
26 917
6 665
136 10, 874
3 142
11 194
1 107
2 126
1
32 167
78
76
4 1,249 1,819
21
13
24
48
16
23
7
89
7,543 3,480 13, 890 17,032
185 13,025
5 1,427 2,240
49,894 25,269
23
129
7
73,123 96, 721
2,634 59,170
14
21
20
1
37
146
163
3
4
8
18
Total possessions (nonmember banks). 164
55
Total United States and possessions, _50,053 25,32^
New York City (central Reserve city)
4,466
803
Chicago (central Reserve city)
2,084 339
Other Reserve cities
16, 546 5, 433
Country banks (member banks)
26, 798 18,691
Possessions (nonmamber banks)
164
55
175
201
i Number at end of period.
2,944
1,258
3,676
1,352
1,435
1,586
460
636
21
180
4
212
73, 293 96,922
2,638 59,382
10, 743 12,124
5,251 6,139
32, 559 40,675
24, 570 37, 783
175 201
81 1,021
31 2,034
547 20, 718
1,975 35, 397
4 212
6
13
60
74
20
9
131
41
104
137
82
1,488
733
367
128
1,019
157
1,400
8,235 1,933
505
4,049
1,658
458
5,511
852
257
6, 047
85
36
42
31
246
46
633
7
23
1
17
1, 315 3,709
669 2,200
7,522 23,271
143
484
105
440
60
277
73
324
49, 681 20,818 1,106
458
7,350
973
9,887
121
100
11
608
354
3
83
2
6
31
8
121
760
462
45, 248 8,888
15
13,746
30, 705
87,853 223, 566
2
1
29
129
23
24
50
404
25
25
79
541
8
14
15
75,913 286,921 136,175 16,382
17,364
693 9,655
1 1,574
446 528 4,848
2 3,694 5,983 30,013
82 5,475 7,070 31, 276
18
66
121
829
478
2,292
34
84
269
30
16
12
13
15
66
468
411
2,802
1,912
1,462
52
18
51,118
183
232
573
21
30
5
12
3
85 11,207 14,340
21,022
63
16
485
189
85
48
315
30
427
12
8
11,490 1,831
1,938 6,630
1,841
3,754
8,276 21, 732
2,997 5,523
1,761
3,442
2,106 4,908
443 1,513
1,660 3,616
22
15
703
281
43
7
244
24
123
85 11,189 14, 274 75, 792 236,161 135, 713 .16, 368 17,349
32
109
134
741
88
257
344
49
109
46
38
240
189
219
64
329
62
746
331
329
1,314
1,179
462
350
1,273
348
2,649
4,612
2,394
1,195
912 3,178
1,531
8, 525 39,185 15, 749
152
615
341
760
198
335
111
436
217
264
895
251
11,357
1,154
1,331
4,151
2,226
877
735
227
789
28, 234 19,898 3,163
15, 222 9,877 1,071
110,062 51,714 5,610
132,643 54, 224 6,524
760
462
14
45,273 8,913
87,932 224,107
4,656
7,427 2, 659 17,905
1,674
3,178
521 6,444
4,791 18, 545 2,916 31,862
6,228 16,098 2,792 31,642
15
25
25
79
* Number of full-time and part-time employees at end of period.
37,803
16,321
83, 576
85, 866
541
TABLE N O . 25.—Earnings and dividends of national banks for the period of 6 months ended Dec. SI,
1938—Continued
[In thousands of dollars]
00
Dividends
Losses and depreciation
Location
On loans
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
_ __ _
_
__
_
_
_ _
_____
__
____
_.
_
__.
Total New England States
New York
New Jersey
Pennsylvania _ _
Delaware
Maryland
District of Columbia
Total Eastern S t a t e s —
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...
...
__
_ _ _ _ _ _
_ _
_
On bonds,
stocks,
and other
securities
On banking
house, furniture and
fixtures
Other losses
and depreciation
85
51
18
607
17
27
17
24
729
58
Total
Net addition to
profits
On comOn preferred stock mon stock1
341
470
217
128
680
413
280
5,512
329
1,156
88
502
590
2,435
3,957
995
983
8,370
8,023
319
4,676
4,995
20,345
1,618
3,843
28
263
12,968
2,997
6,253
63
1 322
4,001
512
1,438
16
56
17561
38,875
6,029
12, 522
113
1,684
8,328
1,547
10,349
113
1,426
441
451
299
1
54
15,227
610
6,403
85
996
15,668
1,061
6,702
86
1,050
181
75
89
1,649
100
387
270
149
2,527
154
902
988
6
43
674
374
241
5,159
476
1,099
50
21
27
126
7
Total
89
262
60
39
450
599
26,186
23,865
6,083
3,539
59, 673
22, 362
324
496
24
1,270
—- ,- :
32
48
18
20
18
15
122
37
36
218
24
50
99
204
150
87
3,416
317
254
171
114
3,542
324
300
324
23, 621
24,891
979
333
315
204
792
398
429
167
474
3,912
306
535
618
1 011
381
333
224
810
413
551
204
510
4,130
330
585
717
235
50
56
140
205
384
87
169
1,892
116
337
344
221
325
45
53
120
394
105
125
870
1,319
133
774
491
119
69
31
256
280
108
42
218
918
104
117
207
422
154
47
18
94
57
60
35
82
634
39
114
205
1,463
833
211
158
610
936
657
289
1,339
4,763
392
1,342
1,247
1,506
826
564
260
982
1,112
959
293
1,033
5,005
617
549
1,623
4,339
5,250
2,690
1,961
14, 240
15, 329
737
9,462
10,199
1,190
254
1,409
220
247
680
1,329
830
8,038
2,182
979
544
237
722
182
210
704
371
263
939
230
148
105
3,434
1,584
11,108
2,814
1,584
2,280
3,196
2,170
10.624
2,709
1,858
2,628
316
85
119
231
189
93
1,708
590
2,191
715
3,067
1,031
2,024
675
2,310
946
3,256
1,124
791
Missouri
Total Middle Western States
North Dakota
^
South Dakota
Nebraska
---Kansas
Montana
W y o m i n g
Colorado
New Mexico
Oklahoma.- .__
- _ -
~
-
-
.
_
_
-
_ _
__ _
_ _ .
. .
-
Total Western States
Washington
Oregon
- _
-California
Idaho
_
-_ _
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions)
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
. _.
Virgin Islands of the United States (nonmember bank)
Total possessions (nonmember banks)
Total United States and possessions
New York City (central Reserve city) .
Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks).
. ..
Possessions (nonmember banks)
227
393
937
218
127
216
50
56
622
1,602
891
2,014
49
38
540
924
589
962
4,620
15, 304
2,942
2,162
25, 028
26,090
1,120
10,766
11,886
107
67
281
273
135
45
341
174
398
80
34
982
428
101
88
428
34
223
63
41
187
215
98
34
170
35
398
62
22
62
117
13
2
42
30
77
312
164
1,512
1,033
347
169
981
273
1,096
156
247
1,290
879
482
309
1,311
232
2,953
16
43
38
28
9
10
37
5
41
200
356
834
624
349
142
735
128
1,284
216
399
872
652
358
152
772
133
1,325
1,821
2,398
1,241
427
5,887
7,859
227
4,652
4,879
506
273
13,069
39
15
609
390
5,150
36
98
26
57
240
120
1,281
45
42
2
58
91
88
2,072
2
12
3
11
1,446
871
21, 572
122
167
31
166
2,263
1,329
1,699
362
273
246
158
34
3
505
23
18
1
18
895 ~~
293
8,300
96
188
69
120
929
296
8,805
119
206
70
138
40
13, 942
6,366
1,788
2,279
24, 375
6,330
602
9,961
10, 563
53, 343
57,140
15, 739
11, 351
137, 573
85,993
4,275
63,138
67~413
13
1
11
365
24
25
1
7
3
55
394
1
74
10
7
33
134
33
134
2
_
2
14
376
50
10
450
91
2
167
169
53, 357
57, 516
15, 789
11, 361
138,023
86,084
4,277
63, 305
67, 582
18,955
971
19, 812
13, 605
14
10,105
6,608
19, 227
21, 200
376
3,413
364
5,437
6, 525
50
785
696
3,980
5,890
10
33, 258
8,639
48, 456
47, 220
450
4,545
7,682
35,120
38, 646
91
3
11
1,641
2,620
2
14,021
1,108
27,939
20,070
167
14~024
1,119
29, 580
22, 690
169
i Includes 288 stock dividends aggregating $6,223,000.
CO
TABLE NO. 26.—Earnings and dividends of national banks, by Federal Reserve districts, for the period of 6 months ended Dec. 81, 1938
{In thousands of dollars]
Grand
District District District District District District District District District District District District
NonNo. 1
No. 3
No. 4
No. 5
No. 6
No. 7
No. 2
No. 8
No. 9
No. 10 No. 11 No. 12 member total
(337
(268
(314
(589
(510
(534
(220
(599
(314
(390
(664
(485
banks (6 (5,230
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) tanks)
O
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc.
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department..
Service charges on deposit accounts
Rent received
Other current earnings
-
Total earnings from current operationsExpenses:
Salaries and wages:
Officers
_.
Employee0- other than officers
Number of officers (end of period)
Number of employees other than officers
(end of period)
Fees paid to directors and members of
executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed
monev
Real estate taxes
Other taxes
__
Other expenses
Total current expenses
w
13,368
29,001
15,355
13,406
10,015
10,708
18,356
7,593
6,718
12,084
11,851
39, 789
539
188,783
8,972
341
32,304
1,537
17,213
328
14,852
429
6,239
408
6,185
1,009
25,319
1,947
5,331
635
5,777
1,379
6,446
650
5,269
673
18, 823
1,484
464
132
153,194
10,952
390
1,378
1,382
1,838
606
1,862
3,768
2,884
4,786
2,221
134
810
853
2,075
213
82
1,064
1,126
2,284
241
9
566
892
1,005
161
86
658
1,042
1,672
130
231
4,151
2.697
3,941
418
8
270
605
766
192
30
508
647
800
373
4
662
1,669
1,788
190
12
296
1,122
1,946
182
341
2, 726
3,014
3, 398
875
5
3
19
28
32
3,194
16,860
17.952
26, 327
5,834
o
o
28, 275
78, 363
36,981
33, 484
19, 295
21, 490
57,060
15, 400
16, 232
23, 493
21, 351
70, 450
1,222
423,096
3
.
Hi
o
3,494
4,946
1,203
8,322
15,002
3,105
3,615
4,784
2,114
3,597
4, 936
2,036
2. 428
2,820
1,422
2,737
3,640
/, 389
6,164
11, 226
2,630
2,075
2,301
1,330
2,524
2,559
1, 571
3.897
3,692
2,580
3,516
3, 330
2,116
7,525
13. 887
3, 473
164
175
55
50,058
73, 298
25,024
6,773
18,253
6,294
6,662
4,044
5,365
14,U%
3,671
3,895
5,584
4,771
17,017
201
96, 922
243
3, 514
396
7, 471
478
7,274
216
6,683
154
3,480
135
2,688
213
6,968
103
2,180
233
2,424
149
1,932
129
1,537
185
13,019
4
212
2,638
59, 382
W
7
1
7
408
590
336
713
557
973
5
1,423
2,239
11, 348
18
66
121
85
11, 207
14, 340
75,913
o
49, 631
760
286,921
1-3
16
1,008
1,713
5,305
4
7
754
1,909
5, 413
348
796
696
807
5, 255
15
2, 605
1,422
15,067
7
983
646
6
4,387
6
1,056
1,455
11,156
2,821
3,067
4,674
4
1,015
1,011
4,228
3,071
19,087
50, 300
24,193
23, 515
13,101
15,097
38, 244
10, 485
11,857
15, 881
14, 770
o
Net earnings
fo
o?
^o
l
4
L
Recoveries, profits on securities sold, etc.:
Recoveries on loans _ __
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
All other
Total
Total net earnings, recoveries, etc
M Losses and depreciation:
On loans..
__
_On bonds, stocks, and other securities . On banking house, furniture and fixtures.
Oth^r losses and depreciation
_ .
M
Total
9,188
28,063
12,788
1,482
4,549
508
951
3,340
982
6,052
11,417
3,115
583
3,381
500
9,969
6,194
6,393
18,816
4,915
4,375
7,612
6,581
20,819
462
136,175
783
608
435
2,144
466
1,041
1,775
1,472
1,105
14
16, 382
1,130
2,877
226
1,128
1, 600
246
498
1,563
212
2,741
8,188
1, 213
716
1, 352
229
542
1,093
403
1,484
1,806
445
1,071
1,281
345
453
7, 350
972
15
25
25
17,364
45, 273
8,913
6, 755
25,133
4,972
5,016
3,582
2,708
14, 286
2,763
3,079
5,510
4,169
9,880
15,943
53,196
17, 760
14,985
9,776
9,101
33,102
7,678
7, 454
13,122
10, 750
30, 699
2,377
3,847
945
959
21. 373
15, 646
4, 436
2,155
3,924
4. 546
1, 059
1,113
1,914
3,728
1,144
671
1,009
2,476
544
714
1,211
1,320
967
430
2,070
11, 266
1,254
1, 551
836
2,297
518
239
1,137
1, 345
960
234
1, 550
2, 445
1,148
324
2,001
1,884
967
684
79
87,932
541
224.107
13.941
6,340
1,788
2,277
14
376
50
10
53, 357
57, 516
15, 789
11,361
'
8,128
43, 610
10, 642
7.457
4,743
3,928
18,141
3,890
3,685
5,467
5, 536
24, 346
450
138,023
Net addition to profits
7,815
9,586
7,118
7,528
5,033
5,173
16, 961
3, 788
3, 769
7,655
5, 214
6, 353
91
86, 084
Dividends:
On preferred stock
On common stock
289
i 4, 630
765
2 15,710
359
3 5, 405
430
* 3,198
194
5 3, 089
322
* 2, 470
591
6, 532
130
8 1, 928
191
9 2,164
180
io 3, 924
222
ii 4,137
602
12 9,951
2
167
4,277
63, 305
4,919
16, 475
5,764
3,628
3, 283
2,792
7,123
2,058
2, 355
4,104
4,359
10, 553
169
67, 582
Total
12 Includes 5 stock dividends aggregating $41,000.
Includes 12 stock diyidends aggregating $157,000.
3
Includes 9 stock diyidends aggregating $62,000.
4
Includes
18 stock dividends aggregating $279,000.
6
Includes 14 stock dividends aggregating $128,000.
6 Includes 15 stock dividends aggregating $106,000.
7
d
o
H
O
a
o
W
O
F
F
* Includes 43 stock dividends aggregating $3,106,000.
s9 Includes 14 stock dividends aggregating $84,000.
Includes 38 stock dividends aggregating $801,000.
10
Includes 57 stock dividends aggregating $925,000.
u2 Includes 37 stock dividends aggregating $286,000.
i Includes 26 stock dividends aggregating $248,000.
o
d
3
a
Kj
^f ABLE tTo. 27.—learnings and dividends of national banks, by size of banks, for the year ended Dec. 31,
TOTAL UNITED STATES
[In thousands of dollars]
to
Banks operating throughout entire year with deposits on Dec. 31, 1938, of—
$100,000 $100,001 $250,001 $500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001 $100,000,001
and
and
to
to
to
to
to
to
to
to
over
under $250,000 $500,000 $750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000
Number of banks
_.
Total deposits 2
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds,
stocks, and other securities
Collection charges, commissions,
fees, etc
Foreign department (except interest on foreign loans, investments, and bank balances)
Trust department
Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current
operations
Expenses:
Salaries and wages:
Officers
Employees other than
officers.
3
Number of officers
Number of employees
than officers*
32
2,572
386
71,883
964
360, 394
712
462.549
550
487,400
1.113
1,578,063
148
2,916
11,179
12,338
11,360
33,210
35
913
4,914
6,641
7,521
24,188
9
231
839
896
724
4
15
207
other
Fees paid to directors and mombers of executive, discount, and
advisory committees
Interest on time and savings deposits.
Interest and discount on borrowed
money
_
Real-estate taxes
Other taxes
Other expenses
,
Total current expenses.
Net earnings
Operating less
Total
39
5,223
13,942,795 28,040,505
than l1
year
Total
5,230
7
33,891 28, 074, 396
850
517
2, 608,135 6, 537,193
30
1,989, 521
48,441
90, 727
22,936
139,677
372,932
326
373, 258
38,309
73,295
16,878
132, 731
305,425
273
305,698
1,896
2,548
4,889
1,091
7,920
21. 043
28
21,071
16
490
48
414
8,249
325
2r965
5,036
18,424
5,843
32,106
5,849
32,113
3,440
2,975
598
5,724
6,168
1,050
11, 493
16,897
2,229
1,801
3. Sll
377
9,399
20, 206
7,076
35,120
52, 702
11,936
35.161
52,758
11,949
217
123
53
905
700
174
1,061
918
193
4,456
18,717
22,066
21,824
66,813
104,178
208,193
50,184
340, 469
837,107
750
837,857
1,258
224
888
4,323
1,243
2,634
4,374
1,751
2,290
3,857
2,017
1,802
10. 391
7. 327
4,169
13,566
14,097
3,932
24,423
35.493
4,595
5,425
9,342
729
30,684
71, 719
4,198
98,377
143,218
25,302
110
91
98,487
143,309
399
1,727
2,065
2, 056
10,715
24,7 W
6,153
42,548
96, S80
1,073
900
. 182
25y 324
96,922
234
270
285
809
1,108
1,439
213
687
5,097
479
2,847
3,980
4,435
13,962
21, 601
33, 053
4,189
37,161
121, 720
166
121,886
10
118
185
832
26
420
766
3,287
20
510
914
3,653
17
508
858
3, 503
40
1,608
2,519
10,660
58
2,795
3,577
17, 293
31
6,151
7,141
41,490
3
1,043
2,361
11,176
3
8,822
11,681
64,138
208
21.979
30, 011
156,079
1
25
23
160
209
22,004
30, 034
156,239
155
3,157
13,146
15, 472
15,480
47,316
74,095
149, 221
33,752
224,895
576, 689
583
577,272
52
1,299
5,571
6,344
19, 497
30,083
58,972
16,432
115,574
260,418
167
260,585
6, 594
5,104
Recoveries, profits on securities sold,
etc.:
233
750
7
Recoveries on loans
_
Recoveries on bonds, stocks, and
27
278
other securities
132
915
6
Profits on securities sold
36
190
All other
__ . _
428
2,133
13
Total
Total net earnings, recoveries,
7,704
1, 727
65
etc
Losses and depreciation:
1,351
458
20
On loans .. _._
On bonds, stocks, and other secu1,814
260
10
rities
On banking house, furniture and
559
8
151
fixtures
398
81
3
Other losses and depreciation
950
41
4,122
Total
3,582
777
21
Net addition to profits
Dividends:
49
228
On preferred stock
On common stock
22
M96 « 2, 247
2.475
545
22
Total
Percent Percent Percent
Ratios to total earnings:
59.73
65.44
Interest and discount on loans
71. 50
Interest and dividends on invest20.49
26.25
16.91
ments
4.87
4.84
3.38
Service charges
9.18
9.20
8 21
All other current earnings
100. 00
100. 00 100.00
Total current earnings
30.99
34.40
39. 61
Salaries, wacos and fees
15.21
10.75
Interest on deposits . . . . _
6.28
24.04
25.70
28.99
A11 other current expenses
_
70.24
70.85
74.88
Total current expenses
29.15
Net current earninsrs
29.76
25. 12
Net losses and depreciation,
less
-13.53 -11.71 -10.62
profits on securities sold 15
19.14
17.44
11.59
Net profits
1
This column includes all figures (except number of banks) of
active
on June 30,1938, but were inactive on Dec. 31,1938.
2
Deposits at end of period.
34 Number at end of period.
Number of full-time and part-time employees at end of period.
5
Includes 21 stock dividends aggregating $48,000.
6
Includes 159 stock dividends aggregating $492,000.
7
Includes 97 stock dividends aggregating $350,000.
»Includes 45 stock dividends aggregating $196,000.
827
715
1,951
3,312
7,873
1, 726
14, 723
32,117
35
32,152
388
1,313
261
2,789
485
1,638
219
3, 057
1,610
5,672
980
10, 213
3,716
9,659
1,416
18,103
10, 618
26, 348
3,817
48,656
1,093
7, 237
637
10, 693
15.220
45,854
9,812
85. 609
33,435
98,774
17,368
181,694
18
45
18
116
33,453
98, 819
17, 386
181,810
9,383
9,401
29,710
48,186
107, 628
27, 125
201,183
442,112
283
442, 395
1,572
1,299
4,162
7,364
13,443
2,453
48, 059
80,181
109
80, 290
2,444
3,173
9, 476
16,344
32,913
6,185
42, 585
115,209
72
115, 281
627
540
672
395
5,183
4,200
5,539
3,862
2,035
1,573
17,246
12,464
3,212
3,159
30,079
18,107
6,877
6,030
59. 268
48,360
1,192
1,307
11,137
15,988
11, 013
8,289
109,946
91,237
26,346
21,775
243,511
198, 601
16
38
235
26,362
21,813
243,746
198,649
8
"55
48
228
7 2, 380
2.608
Percent
55.91
269
2,060
2,329
Percent
52.05
855
» 6, 653
7.508
Percent
49.71
1,400
"9,812
11.212
Percent
46.50
3,138
» 20,151
23, 289
Percent
43. 58
560
12 9,127
9.687
Percent
45.70
2, G43
13 80,139
82, 782
Percent
41.03
9,370
133,087
142.457
Percent
44.55
Percent
43.47
9,378
133, 142
142, 520
Percent
44.55
30.10
4.81
9.18
100. 00
28.98
18.04
23.10
70.12
29.88
34.46
4.92
8.57
100.00
28.22
20.32
22.39
70. 93
29.07
36.20
5.15
8.91
100.00
27. 73
20.90
22.19
70.82
29.18
36.77
5.49
11.24
100. 00
27.62
20.73
22.77
71.12
28.88
35.21
5.52
15. 60
100.00
29.47
15.87
26.33
71.67
28.33
33.63
3.59
17.08
100.00
29.85
8.35
29.06
67.26
32.74
38.98
2.76
17. 23
100. 00
30.28
10.91
24. 86
66.05
33.95
36.49
4.19
14.77
100. 00
29.47
14.54
24.88
68.89
31.11
36.40
5.47
14.66
100.00
27.73
22.13
27.87
77.73
22.27
36.49
4.19
14.77
100.00
29.47
14.55
24.88
68.90
31.10
3
-11.37
-10.85
19. 03
17.70
banks which were
63
- 7 . 39
- 7 . 3 9 -15.87
-.88
-10.53
-7.15
-5.10
—11. 50
23. 71
6.40
26.80
31.86
23.23
17.38
18.65
23. 72
9
Includes 125 stock dividends aggregating $1,149,000.
i°
Includes 73 stock dividends aggregating $1,319,000.
11
Includes 41 stock dividends aggregating $2,363,000.
12
Includes 4 stock dividends aggregating $877,000.
*» Includes 3 stock dividends aggregating $13,000,000.
14 Includes 1 stock dividend of $1,000.
15 Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.
3
O
00
TABLE NO. 28.—Earnings and dividends of national banks, by size of banks, for the year ended Dec. 31, 1938, by Federal Reserve districts
DISTEICT NO. 1
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1938, of—
Number of banks
Total deposits
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department
__
Service charges on deposit accounts
Rent received- _
_
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers3 ._ _
_
Number of employees other than officers 4
Fees paid to directors and members of executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes
Other taxes
Other expenses
_
Total current expenses
Net earnings. _
,.
$100,000
and
under
$100,001
to
$250,000
$250,001
to
$500,000
$500,001
to
$750,000
3
223
12
2,222
39
14,634
37
23,346
11
87
411
9
39
2
267
14
1
1
11
22
$750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001
to
to
to
to
to
$1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000!
Total
Operating less
than 1
year 2
Total
314
6
1, 057,029 1,905,139
2,547
314
1,907,686
10, 940
26,905
35
26, 940
6,180
283
18,041
665
10
18,051
665
39
1,026
858
1,212
161
717
1,261
831
1,676
780
766
2,594
2,741
3,662
1.138
4
26
1
766
2,594
2.745
3,688
1,139
9,320
16,897
22,668
56, 512
76
56,588
619
596
242
491
1,213
1,365
803
965
2,096
2,754
342
1,849
2,421
4,637
299
8,069
6,969
9,780
1,503
6,773
10
9
6,979
9,789
1,508
6,773
19
192
2
28
48
207
51
855
2
113
150
795
126
1,946
2
271
264
1,629
173
2,938.
3
532
445
3,082
69
977
803
490
4,556
476
7,131
16
1,797
1, 506
10,692
846
836
3,181
6,816
12,023
13, 953
370
274
1,150
2,504
4,874
8,715
27
23,856
70
99,190
74
226,887
46
457,752
615
598
2,010
4,598
7,635
423
24
350
15
1,707
62
3,254
111
5,812
154
1
3
56
51
6
3
78
61
12
6
89
41
11
8
46
274
178
46
2
249
543
442
121
140
808
1,216
1,110
4,331
6
2
7
4
41
17
82
28
167
94
100
95
221
160
103
148
185
155
75
129
I5
2
2
2
1
7
31
15
90
3
20
40
166
21
131
2
29
61
221
14
103
595
8
37
213
27
476
7,150
16
1,810
1,506
10, 719
38, 367
78
38,445
18,145
52
18,143
19
13
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
All other .
Total
2
2,356
3
19
30
26
99
285
744
1,150
2,356-
1
8
1
32
53
3
47
92
8
18
76
17
118
454
24
429
1,045
54
1 341
2,532
344
152
3,580
825
2 138
7,842
1,276
2
2
2,138
7,842
1,278
2
13
107
177
137
695
1,813
4,961
5.707
13, 612
Total net earnings, recoveries, etc
10
50
320
547
411
1,845
4,317
9,835
14, 422
31, 757
31, 757
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
3
5
22
3
47
126
11
20
83
191
24
64
97
169
27
20
232
614
106
68
762
1,560
226
217
1,278
3,289
517
442
2,618
2,926
704
709
5,122
8,900
1,618
1,540
3
5,122
8,900
1,618
1,543
Total
3
30
204
362
313
1,020
2,765
5,526
6,957
17,180
3
17,183
Net addition to profits
7
20
116
185
98
825
1,552
4,309
7,465
14, 577
53
14, 574
6
22
11
6 81
6
173
24
7 84
61
8 451
186
693
280
• t, 595
5,833
* 568
8,938
568
8,938
6
22
92
179
108
512
879
1, 875
5,833
9,506
9,506
Percent
50.00
40.90
4.55
4.55
Percent
62.14
27.86
7.86
2.14
Percent
50.87
33.04
6.93
9.16
Percent
50.57
34.79
6.42
8.22
Percent
53.87
31.53
8.02
6.58
Percent
46.41
39.41
6.33
7.85
Percent
49.33
34.91
5.83
9.93
Percent
45.18
34.40
5.08
15.34
Percent
48.26
27.26
3.67
20.81
Percent
47.61
31.92
4.85
15.62
Percent
46.05
13.16
5.26
35.53
Percent
47.61
31.90
4.85
15.64
Dividends:
On preferred stock
On common stock
Total _.
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings.
13, 614
100.00
100.00
100.00
100.00
100.00
100. 00
100.00
100.00
100. 00
100.00
100.00
100.00
Salaries, wages, and fees
Interest on deposits
All other current expenses
36.36
27.28
42.86
1.43
29.28
34.16
11.14
28.34
33.06
10.78
25.74
32.34
17.30
25.68
29.23
19.74
24.48
29.01
20.88
23.24
29.73
17.39
24.04
31.44
4.31
25.81
30.48
12.62
24.79
25.00
25.00
52.63
30.47
12.64
24.83
Total current expenses
63.64
73.57
73.64
69.58
75.32
73.45
73.13
71.16
61.56
67.89
102. 63
67.94
36.36
26.43
26.36
30.42
24.68
26.55
26.87
28.84
38.44
32.11
-4.54
-12.14
-12.00
-15.21
-15.85
-7.50
-10.22
-3.34
-5.51
-6.31
-1.32
-6.31
31.82
14.29
14.36
15.21
8.83
19.05
16.65
25.50
32.93
25.80
Total current earnings ___ _
__._
Net current earnings
Net losses and 10depreciation, less profits on
securities sold
Net profits
1 Includes 2 banks with deposits of $180,000,000 and $594,000,000, respectively.
Figures of first 6 months for 1 bank which was inactive Dec. 31,1938.
*4 Number at end of period.
Number of full-time and part-time employees at end of period.
* Deficit.
«Includes 3 stock dividends aggregating $3,000.
2
32.06
25.75
7
Includes 1 stock dividend of $3,000.
s Includes 7 stock dividends aggregating $99,000.
Includes 1 stock dividend of $25,000.
Jo Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.
9
Oi
TABLE N O . 28.—Earnings and dividends of national banks, by size of banks, for the year ended Dec. 81, 1938, by Federal Reserve districts—Con.
DISTRICT NO. 2
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31, 1938, of—
$100,001
to
$250,000
Number of banks
Total deposits
20
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than
officers _
3
Number of officers
Number of employees other than officers *
Fees paid to directors and members of executive,
discount and advisory fiommittw
Interest on time and savings deposits
Interest and discount on borrowed money.
Real-estate taxes
Other taxes
Other expenses
Total current expenses
Net earnings-..
,
_._
.-- --
73
65
$750,001
to
$1,000,000
74
$1,000,001
to
$2,000,000
158
$2,000,001
to
$5,000,000
130
$5,000,001 $100,000,001
l
to
$50,000,000 and over
73
31,558
57,535
30
57,565
63, 624
3,046
15
2
63,639
3,048
3,066
5,469
1,797
6,092
4,416
3,143
7,330
5,655
9,859
4,901
4
3
3,143
7,330
5,659
9,862
4,901
28,519
94.037
155.093
54
155,147
3,225
4,856
663
8,319
8,935
21, 570
780
11,826
16,810
30,285
3,105
18,253
7
6
890
2,003
2,197
572
1,617
16,817
30,291
8,105
18,253
198
4,056
8
634
158
2,265
2
3,170
1,963
21, 365
794
15, 835
36
5,333
3,204
32, 772
114
770
988
1,370
4,247
6,654
11, 834
89
8
523
30
701
39
1,150
58
4,052
172
6,988
295
10, 587
339
12
7
2
74
32
19
116
57
13
163
111
29
563
436
109
8
297
1,049
1,016
91
69
1,479
1,881
2,108
222
232
1,448
1,916
2,894
9,649
16,398
300
352
475
1,460
1,076
60
9
43
22
103
186
124
• 2
42
70
406,661
190
189
192
284
224
263
19
19
32
280
378
648
127
2,296
8
288
6
45
30
266
67
326
70
506
235
335
1,621
2,831
239
5,870
2
1,089
498
5,812
171
1,036
1,377
2,093
7,111
12,262
21, 591
59, 428
61
412
539
801
2,538
4,136
6,928
34,609
2
5
7
31
4
41
3
75
599
39, 534
2,105
64, 267
13
599
Total
2,332
40, 930
2
6
Total
Operating less
thanl2
year
4,564,059 6,151,481
229,193
814,662
27,838
3,871
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department
- -- Service charges on deposit accounts
Rent received
Other current earnings
$250,001
to
$500,000
$500,001
to
$750,000
6,153,813
11
794
15,848
36
5,338
3,204
32, 783
105.069
42
105, 111
50, 024
12
50,036
13
5
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities.
Profits on securities sold
Allother
2
2
14
2
69
51
129
11
Total
20
260
322
Total net earnings, recoveries, etc
81
672
861
8
39
10
4
107
290
52
24
131
330
55
39
Total
61
473
Net addition to profits
20
199
6
10
39
671
Losses and depreciation:
On loans
On bonds, stocks, and other securities..
On banking house, furniture and fixtures
Other losses and depreciation
Dividends:
On preferred stock
On common stock
Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings..
Total current earnings
Salaries, wages and fees
Interest on deposits
All other current expenses
Total current expenses
__
_
Net current earnings
Net losses and
depreciation, less profits on securities sold 12
Net profits
6,441
7,571
14, 804
5,420
4,100
8,555
34, 236
50,189
8
50,197
8,236
15, 483
68,845
100, 213
20
100, 233
653
2,227
327
332
1,478
3,827
538
850
2,485
5,840
698
1,247
21,191
15,104
4,848
1,669
26, 217
28,370
6,622
4,238
74
8
6
19
26, 291
28, 378
6,628
4,257
1,044
3,539
6,693
10, 270
42,812
65, 447
107
65, 554
287
1,165
1,543
5,213
26, 033
34, 766
«87
34,679
76
129
267
°458
663
» 1, 728
1,516
31, 271
2
28,020
1,518
31, 271
592
917
2,320
271
530
2,166
1,331
4,704
164
713
94
73
555
306
9,102
10, 569
24,198
6,320
6
2
9,108
10, 569
24,200
6,320
16
110
174
205
725
2,391
28,020
32. 787
2
32, 789
Percent
49.14
38.36
5.17
7.33
Percent
53.18
36.12
5.11
5.59
Percent
51.57
36.59
6.05
5.79
Percent
47.34
39.74
5.63
7.29
Percent
44.02
41.99
5.83
8.16
Percent
40.58
42.61
6.40
10.41
Percent
41.49
37.12
6.60
14.79
Percent
33.56
42.04
1.91
22.49
Percent
37.10
41.02
3.65
18.23
Percent
55.55
27.78
7.41
9.26
Percent
37.10
41.02
3.65
18.23
100. 00
100. 00
100. 00
100. 00
100. 00
100.00
100. 00
100.00
100. 00
100. 00
100. 00
30.61
18.10
25.00
73.71
29.14
19.34
23.07
71. 55
29.28
19.73
22.86
71.87
27.33
22.39
22.60
72.32
27.60
23.80
22.30
73.70
26.82
24.73
23.23
74. 78
29.17
20.58
25.96
75.71
32.61
2.41
28.18
63.20
30.88
10.21
26.65
67.74
24.08
24.08
29.62
77.78
30.88
10.21
26.66
67.75
7
41
133
102
107
292
29
424
10722
1, 146
8
26.29
28.45
28.13
27.68
26.30
25.22
24.29
36.80
32.26
22.22
32.25
-17.67
8.62
-14.71
13.74
-12.16
15.97
-17.76
9.92
-14.23
12.07
-15.81
9.41
-6.01
18.28
-9.12
27.68
-9.84
22.42
-183.33
-9.90
22.35
1 Includes 2 banks with deposits of $92,000,000 and $80,000,000, respectively.
2 Figures of first 6 months for banks which were inactive Dec. 31,1938.
Number at end of period.
< Number of full-time and part-time employees at end of period.
8 Deficit.
• Includes 1 stock dividend of $10,000.
i Includes 5 stock dividends aggregating $9,000,
3
1,535
1,372
5,218
430
304
483
1,243
136
57
66
178
21
8 Includes 3 stock dividends aggregating $27,000.
fi Includes 5 stock dividends aggregating $21,000.
i° Includes 5 stock dividends aggregating $45,000.
u Includes 5 stock dividends aggregating $175,000.
12 Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.
TABLE NO. 28.—Earnings and dividends of national banks, by size of banks, for the year ended Dec. 31, 1938, by Federal Reserve districts—Con.
00
DISTRICT NO. 3
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31, 1938, of—
Number of banks
Total deposits
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other
securities
_ _ ___ -_
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign loans,
investments and bank balances)
Trust department
_
- Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
- -- Employees other than officers
Number of officers *
8
Number oj employees other than officers
- Fees paid to directors and members of executive,
discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money __ __ _
Real-estate taxes
Other taxes
Other expenses
Total current expenses
Net earnings
- - - - __ _-
$500, 001 $750, 001 $1,000,001 $2,000,001 $5, 000, 001 $50, 000, 001
to
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000 2
Operating
less
than
1 year 3
Total
$100,001
to
$250,0001
$250,001
to
$500,000
25
5,024
96
36,157
74
46,437
72
62, 550
148
212,814
162
971
1,156
1,372
4,559
7,589
7,832
6,974
30,615
12
30, 627
97
4
714
21
955
29
1,339
33
4,429
88
7,397
132
8,538
167
10, 651
155
34,120
629
5
34,125
629
3
10
4
1
36
63
9
3
47
91
9
13
77
133
15
2
92
225
420
73
394
496
835
102
53
853
543
1,761
100
226
154
251
786
152
281
1,510
1,678
4,099
464
280
1,815
2,290
2,982
9,888
16,945
19,847
19, 349
73, 396
18
73, 414
60
14
42
S3
321
106
918
149
346
148
199
158
418
260
196
255
1,115
913
487
769
1,716
1,838
534
1,833
1,829
2,785
320
1,823
1,352
3,183
118
1,774
7,157
9,247
2,114
6,294
4
7,161
9,247
2,114
6,294
6
72
1
3
12
49
39
503
2
30
65
280
60
680
1
43
89
324
64
851
3
71
98
452
204
2,861
6
227
372
1,298
270
4,575
12
393
672
2,157
196
4,164
14
720
734
2,943
98
1,402
1
8
159
1. 055
3,280
937
15,108
39
1,646
3,097
10, 783
2
938
15,116
39
1,646
3,097
10,785
217
1,346
1,691
2,217
6,996
11, 633
13,385
10, 529
48, 014
15
48,029
63
469
599
765
2,892
5,312
6,462
8,820
25, 382
3
25,385
124
371, 233
45
506, 830
Total
589
5
744,768 1,985,813
812
1
589
1,986, 625
281
1,510
1,678
4,100
464
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities.__ Profits on securities sold
Allother
Total
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds stocks and other securities
On banking house, furniture and fixtures
Other losses and depreciation
Total
Net addition to profits
Dividends:
On preferred stock
__
Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings
Total current earnings
Salaries wages and fees
Interest on deposits
All other current expenses
Total current expenses
Net current earnings _ _
Net losses and depreciation, less profits on securities
sold"
Net profits
_
___
__
.. _
18
33
156
6
26
42
175
13
12
42
244
25
66
205
772
111
162
397
1,553
188
349
455
2,370
222
1,478
253
972
1,178
6,760
818
16
213
256
323
1,154
2,300
3, 396
2,070
9,728
1
9,729
79
682
855
1,088
4,046
7,612
9,858
10,890
35,110
4
35,114
15
50
4
4
86
323
49
28
133
445
57
48
204
539
89
71
851
1,947
241
189
1,404
3,643
432
616
2,213
3,320
622
675
1,670
1,712
439
248
6, 576
11,979
1,933
1,879
3
6,579
11.979
1,933
1,879
73
486
683
903
3,228
6, 095
6,830
4,069
22,367
3
22,370
6
196
172
185
818
1, 517
3,028
6,821
12, 743
1
12,744
6
•10
35
^81
26
8 133
38
9 176
109
i"913
109
1,873
383
2,220
5,355
706
10, 761
1
706
10, 761
11,467
16
116
159
214
1,022
1,982
2,603
5, 355
11, 467
Percent
57 86
34.64
1 07
6.43
Percent
53.50
39.34
1.98
5.18
Percent
50.48
41. 70
2.05
5.77
Percent
46.01
44.90
2.58
6.51
Percent
46.11
44.79
2.27
6.83
Percent
44.79
43.65
2 93
8.63
Percent
39.46
43.02
2.74
14.78
Percent
36.04
55.05
1.30
7.61
Percent
41.71
46.49
2.29
9.51
Percent
66.67
27.78
5.55
Percent
41.72
46.48
2.29
9.51
100. 00
100. 00
100. 00
100.00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
°8 57
25 71
23.22
25. 68
27.71
20.77
24.19
29.69
19.96
24.88
28.54
20.93
22.57
28.93
19.25
22.57
27.00
19.08
24.24
20.98
22.42
23.94
7.25
23.23
23.63
20.59
21.20
27.78
44.44
11.11
23.63
20.59
21.20
77.50
74.16
73.84
74.35
70. 75
68.65
67.44
54.42
65. 42
83.33
65.42
22. 50
25.84
26.16
25.65
29.25
31.35
32.56
45.58
34.58
16.67
34.58
- 2 0 . 36
- 1 5 . 04
- 1 8 . 65
- 1 9 . 45
-20.98
- 2 2 . 40
- 1 7 . 30
-10.33
- 1 7 . 22
-11.11
-17. 22
2.14
10.80
7.51
6.20
8.27
8.95
15.26
35.25
17.36
5.56
17.36
12 Includes 1 bank with deposits of $84,000.
Includes 2 banks with deposits of $108,000,000 and $434,000,000, respectively.
34 Figures of first 6 months for 1 bank which was inactive Dec. 31, 1938.
Number at end of period.
s6 Number of full-time and part-time employees at end of period,
Includes 2 stock dividends aggregating $2,000,
972
1,178
6,760
819
4
12
78 Includes 5 stock dividends aggregating $7,000.
Includes 2 stock dividends aggregating $4,000.
»Includes 1 stock dividend of $1,000.
10
Includes 5 stock dividends aggregating $57,000.
" Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.
TABLE N O . 28.—Earnings and dividends of national banks, by size of banks, for the year ended Dec. 31, 1988y by Federal Reserve districts—Con.
DISTRICT NO. 4
[In thousands of dollars]
o
Banks operating throughout entire year with deposits on Dec. 31,1938 of—
Number of banks .
Total deposits
_
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc_
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department
Service charges on deposit accounts Rent received
Other current earnings
Total earnings from current operations..
Expenses:
Salaries and wages:
Officers
Employees other than
officers
3
Fees paid to directors and members of
executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money.
Real-estate tax.es _ _
___
Other taxes
Other expenses
Total current expenses
Net earnings
$250,001
to
$500,000
20
3,972
74
28,580
81
51, 296
60
52,654
126
178,191
134
706
1,273
1,147
3,581
5,541
7,146
2,449
4,664
79
3
529
27
835
45
977
49
3,040
108
4,824
143
7,266
156
3,523
101
8,765
216
4
g
33
54
69
100
3
42
266
318
14
262
408
720
21
550
710
1,582
13
296
258
1,114
118
851
307
514
170
2,002
2,126
4,507
___ _
$500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001 $100,000,001
to
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000 and over
1
71
97
96
292, 389
45
469,926
4
291,164
Total
510
4
672,183 2,040,355
ing less
t h a n2l
year
Total
510
3,607
2,043,962
26,641
21
26,662
29,838
848
34
29,872
848
6
3
2
170
2,008
2,129
4,509
3
16
19
9
54
101
106
49
125
482
231
1,366
2,341
2,351
7,412
12,013
17, 537
7,803
15, 560
66, 614
66
66, 680
1,088
71
731
569
1,235
3,055
128
1,719
7,049
9,651
2,036
6,662
11
13
7,060
9,664
2,036
6,662
17
984
2
106
36
2,394
1
434
76
193
127
390
164
219
215
373
10
42
19
179
189
195
1,101
766
461
691
1,377
1,505
420
UU5
1,676
2,808
313
1,820
3
15
303
1
22
18
607
1
44
27
636
2
36
79
1,849
2
135
101
3,168
4
253
123
3,597
76
210
110
330
117
319
357
544
422
951
1,070
1,816
2,849
162
982
1,664
1,689
5,359
8,768
69
384
677
662
2,053
3,245
49
Number of officers
Number of employees other than officers[.
Operat-
$100,001
to
$250,000 i
1
47
4
14
35
279
00
546
803
1,995
2,557
419
13, 585
13
1,456
3,518
11,181
12, 426
5,307
10. 515
5,111
2,496
5,045
482
3
12
419
13, 599
13
1V456
3,521
11,193
46, 872
53
46,925
19,742
13
19, 755
14
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
All other
5
23
30
84
153
308
513
210
199
1 525
3
12
24
81
15
32
186
26
77
214
21
179
695
68
468
988
177
737
1,662
291
79
724
53
1 157
2,195
57
2,756
6,757
708
4
10
1,525
2,760
6,767
708
Total
20
143
274
396
1,095
1,941
3,203
1,066
3,608
11, 746
14
11,760
Total net earnings, recoveries, etc
89
527
951
1,058
3,148
5,186
8,314
3,562
8,653
31,488
27
31, 515
7
75
3
3
52
339
35
37
102
481
71
26
103
650
52
46
390
1,519
194
132
624
2,435
351
244
1,076
2,994
774
539
238
439
275
92
803
2,905
332
453
3,395
11, 837
2,087
1,572
8
3,395
11,845
2,087
1,572
88
463
680
851
2,235
3,654
5,383
1,044
4,493
18,891
8
18,899
1
64
271
207
913
1,532
2,931
2,518
4,160
12, 597
19
12,616
6
14
6 95
14
179
30
8 150
55
592
105
10 803
32
12 1, 463
356
1,380
885
6,061
3
888
6,061
Losses and depreciation:
On loans
_
On bonds, stocks, and other securities—..On banking house, furniture and fixtures ..
Other losses and depreciation
Total
..-.
N e t addition to profits
Dividends:
On preferred stock
On common stock
8 19
Total...
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings
Total current earnings
Salaries, wages, and fees
Interest on deposits
All other current expenses
__,
Total current expenses
N e t current earnings.
Net:losses and depreciation, less profits on
securities sold 13
N e t profits
7
273
» 1, 380
25
109
193
180
647
908
1,653
1,495
1,736
6,946
3
6,949
Percent
58.01
34.20
1.73
6.06
Percent
51 68
38.73
2.42
7.17
Percent
54.38
35.67
3.03
6.92
Percent
48.79
41.56
2.93
6.72
Percent
48.32
41.01
3.59
7.08
Percent
46.12
40.16
3.40
10.32
Percent
40.75
41.43
4.05
13.77
Percent
31.38
45.15
3.31
20.16
Percent
29.98
56.33
1.97
11.72
Percent
40 00
44.79
3.19
12.02
Percent
31.82
51. 51
4.55
12.12
Percent
39.99
44.80
3.19
12.02
100.00
100.00
100. 00
100. 00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
26.84
20.35
22.94
27.09
22.18
22.62
24.43
25.93
20.72
24.63
27.05
20.16
26.25
24.95
21.10
24.83
26.37
21.79
26.27
20.51
24.08
21.45
12.61
33.95
27.80
15.39
24.39
25.70
20.39
24.28
36.36
21.21
22.73
25.71
20.39
24.27
70.37
70.13
71.89
71.08
71.84
72.30
72.99
70.86
68.01
67.58
70.37
80.30
29.87
28.11
28.92
28.16
27.70
27.01
29.14
31.99
32.42
29.63
19.70
29.63
- 2 9 . 44
-23.42
-17.34
- 1 9 . 35
-15.38
- 1 4 . 26
- 1 2 . 43
+.28
-5.69
-10.72
+9.09
-10.71
.43
4.69
11.58
8.81
12.32
12.75
16.71
32.27
26.73
18.91
28.79
18.92
1 Includes 1 b a n k w i t h deposits of $65,000.
2
Figures of first 6 m o n t h s for 1 b a n k which was inactive Dec. 31, 1938.
3 N u m b e r at end of period.
4
N u m b e r of full-time a n d part-time employees at end of period.
5
Includes 4 stock dividends aggregating $10,000.
6
Includes 6 stock dividends aggregating $11,000.
11ncludes 10 stock dividends aggregating $37,000.
9
s Includes 3 stock dividends aggregating $13,000.
9 Includes 6 stock dividends aggregating $83,000.
10 Includes 5 stock dividends aggregating $69,000.
u Includes 3 stock dividends aggregating $277,000.
12 Includes 1 stock dividend of $127,000.
is M i n u s figures represent t h e excess of gross losses a n d depreciation over profits on
securities sold a n d recoveries; plus figures, t h e opposite.
OO
TABLE N O . 28.—Earnings and dividends of national banks, by size of banks, for the year ended Dec. 31, 1938, by Federal Reserve districts—Con.
DISTEICT NO, 5
00
to
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1938, of—
Number of banks
Total deposits
Gross earnings:
Interest and discount on loans _
Interest and dividends on bonds, stocks, and
other securities
__ .
__.
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans investments, and bank balances)
Trust dP-P^rtTnent
Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than
officers.
3
Fees paid to directors and members of executive,
discount and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes
Other taxes
______
Other expenses
Total current expenses
$250,001
to
$500,000
$500,001
to
$750,000
12
2,524
52
19,118
49
31,152
89
591
34
2
203
15
2
4
31
37
54
49
60
61
1
2
9
132
879
1,467
___
._
$750,001
38
33, 579
83
117,643
66
212,949
907
930
3,087
5,153
7,335
1,739
408
38
456
23
1,439
77
2,145
200
3,746
307
4,263
90
180
224
29
1
171
458
447
7
556
793
832
12
296
150
335
20
1,060
1,728
1,989
9
26
75
168
6
296
1, 545
5,062
8,650
13, 744
6,891
38, 370
24
38,394
1,051
76
692
661
4,753
5,426
1,4*2
4,044
3
2
^756
5,428
36
736
394
981
300
7,025
9
678
1,708
6,230
3,956
2,935
$1,000,000
6
170
232
238
111
146
137
136
122
142
672
57
120
83
505
284
430
1,071
1,193
Sit
881
1,677
2,369
339
1,671
2
28
19
370
13
383
5
22
10
209
2
12
33
154
59
228
58
214
55
1,342
3
87
211
694
79
1,709
3
153
324
1,418
86
2,248
1
278
624
2,519
98
647
1,037
1,070
3,569
5,950
9,802
34
232
430
475
1,493
2,700
3,942
18
28
Total
1,355
337
1, 201,609
19,831
8
19,839
12, 694
752
16
12, 710
752
20
1,060
1,728
1,989
3
337
342, 308 1, 200, 254
34
440,981
4
5
Total
$2,000,001
to
$5,000,000
to
$5,000,001 $100,000,001
to
and
$50,000,000
over l
Operating less
than 1
year 2
$1,000,001
to
$2,000,000
2
32
Number of officers
Number of employees other than officer? *__ . __
Net earnings
$100,001
to
$250,000
97
•
O
W
o
o
o1
tr
296
4,044
1
3
300
7,034
9
678
1,709
6,233
26,129
18
26,147
12, 241
6
12, 247
9
tad
o
el
Cl
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securitiesProfits on securities sold
All other
6
8
18
8
33
6
39
18
64
17
59
36
83
17
126
115
325
81
402
123
544
155
429
821
1,668
135
31
2,644
1,125
17
1,110
3,765
3,850
428
4
1,110
3,765
3,854
428
_
14
65
138
195
647
1,224
3,053
3,817
9,153
4
9,157
Total net earnings, recoveries, etc.
48
297
568
670
2,140
3,924
6,995
6,752
21, 394
10
21,404
10
7
5
1
36
29
18
29
96
70
39
19
97
126
52
29
239
381
141
116
522
539
234
157
211
3,819
72
36
1,977
7,030
894
1,037
5
1
1,977
7,035
895
1,037
Total
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
0 ther losses and depreciation... _
_
Total
23
112
224
304
877
1,452
766
2,059
333
650
3,808
4,138
10, 938
6
10,944
Net addition to profits
25
185
344
366
1,263
2,472
3,187
2,614
10,456
4
10,460
6
6
8
«81
16
6 148
16
155
57
8 537
112
949
128
1,639
46
1,860
389
5,375
4
389
5,379
Dividends:
On preferred stock
On common stock
Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges _
All other current earnings
Total current earnings. . .
Salaries, wages, and fees
Interest on deposits
All other current expenses.
_
.
__
Total current expenses
Net current earnings
Net losses and10 depreciation, less profits on securities sold
Net profits.
9
12
89
164
171
594
1,061
1,767
1,906
5,764
Percent
67.42
25.76
1.52
5.30
Percent
67.23
23.09
3.53
6.15
Percent
61.83
27.81
3.68
6.68
Percent
60.19
29.52
3.88
6.41
Percen t
60.98
28.43
3.56
7.03
Percent
59.57
24.80
5.30
10.33
Percent
53.37
27.26
5.77
13.60
Percent
25. 23
61.86
2.18
10.73
Percent
51.68
33.09
4.50
10.73
Percent
33.33
66.67
Percent
51.67
33.10
4.50
10. 73
100.00
100. 00
100.00
100.00
100. 00
100.00
100.00
100. 00
100.00
100.00
100.00
28.79
21.21
24.24
26.96
23.78
22.87
24.68
25.22
20.79
25.05
24.79
19.42
24.34
26.51
19.66
27.09
19.76
21.94
30.06
16.36
24.90
25.37
10.68
21.36
27.31
18.31
22.48
20.83
37. 50
16.67
27.31
18. 32
22.47
74.24
73.61
70.69
69.26
70.51
68.79
71.32
57.41
68.10
75.00
68.10
25.76
26 39
29.31
30.74
29.49
31 21
28.68
42.59
31.90
25.00
31.90
-6.82
-5.35
-5.86
-7.05
-4.54
-2.63
-5.49
-4.66
-4.65
-8.33
-4.66
18.94
21.04
23.45
23.69
24.95
28. 58
23.19
37.93
27.25
16.67
27.24
1 Includes 1 bank with deposits of $68,000,000.
2
Figures of first 6 months for 1 bank which was inactive Dec. 31, 1938.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
»Includes 11 stock dividends aggregating $23,000.
• Includes 5 stock dividends aggregating $22,000.
7
4
5,768
7 Includes 1 stock dividend of $2,000.
8
Includes 8 stock dividends aggregating $60,000.
9
Includes 4 stock dividends aggregating $93,000.
10
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.
OO
,00
TABLE N O . 28.—Earnings and dividends of national banks, by size of banks, for the year ended Dec. 31, 1938, by Federal Reserve districts—Con.
DISTRICT NO. 6
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1938, of—
$100,001 $250,001
to
to
$250,0001 $500,000
Number of banks Total deposits
__.
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc _.
Foreign department (except interest on foreign loans, investments, and bank balances)
Trust department
Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than
officers
3
Number of officers
Number of employees other than officers 4_ _
Fees paid to directors and members of executive, discount, and advisory committees _.
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes
Other taxes
Other expenses
$500,001
to
$750,000
$750,001
to
$1,000,000
$1,000,001
to
$2,000,000
$2,000,001
to
$5,000,000
Operat-
$50,000,001
$5,000,001
to
to
$50,000,000 $100,000,000 2
ing less
than 1
year
Total
s
Total
7
536, 914
268
1,337,104
1,
337,104
I, 661,
1U*
6,534
7,506
21, 385
21, 385
5, 085
654
3,962
721
12,189
1,971
12,189
1,971
7
53
313
289
32
121
537
745
1,256
140
62
599
733
1,507
55
191
1,210
2,129
3,331
304
191
1,210
2,129
3,331
301
12
2,091
49
18, 391
36
22, 537
24
20, 601
65
92, 953
44
135, 210
31
508,407
90
667
819
670
2,168
2,931
26
5
175
62
226
55
179
61
1,142
158
1,394
255
268
5
2
4
44
29
4
45
58
9
52
33
3
1
19
192
157
57
132
981
1,212
1,000
3,894
5,274
15, 072
15,145
42, 710
42, 710
37
3
27
11
221
69
151
110
228
90
116
113
212
88
83
99
653
460
259
408
784
771
209
696
1,684
2,613
321
1,839
1,474
2,926
223
2,189
5,293
7,020
1,389
5,365
5,293
7,020
1,389
6,365
1
19
12
141
12
201
12
151
38
662
42
846
93
1,874
58
1,449
268
5,343
2
42
43
196
3
21
39
152
9
126
137
644
1
174
172
935
1
434
396
268
5,343
553
733
1,384
1,574
8,807
2
6
5
23
1
28
49
171
3,438
3,248
1,384
1,574
8,807
Total current expenses
94
692
814
678
2,729
3,725
10, 533
10,441
29,706
29, 706
Net earnings
38
289
398
322
1,165
1,549
4,539
4,704
13,004
13,004
3
13
35
31
98
137
339
244
900
900
Recoveries, profits on securities sold, etc.:
Recoveries on loans
„
17
17
^
o
1-3
W
O
1
a
K!
Recoveries on bonds, stocks, and other securities
Profits on securities sold
All other
__
Total
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures _
Other losses and depreciation
17
25
15
5
31
11
6
62
12
36
236
41
47
372
46
701
1,774
151
183
1,385
222
996
3,887
996
3,887
6
70
82
111
411
602
2,965
2,034
6,281
6,281
44
359
480
433
1,576
2,151
7,504
6,738
19, 285
19, 285
8
60
29
21
22
91
33
37
21
63
34
19
27
263
201
124
75
313
250
123
72
649
1,571
617
225
879
971
679
327
2,326
3,091
1,624
769
2,326
3,091
1,624
769
1
2
2
4
498
498
Total
14
132
182
143
663
758
3,062
2,856
7,810
7,810
Net addition to profits
30
227
298
290
913
1,393
4,442
3,882
11, 475
11, 475
32
11
«125
12
6 159
3
7 151
48
H88
76
"647
124
1 . 493
407
» 2,117
5,212
Dividends:
On preferred stock
On common stock
Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings
10
681
681
5,212
32
136
171
154
536
723
1,617
2,524
5, 893
5,893
Percent
68.18
19.70
3.79
8.33
Percent
67.99
17.84
4.49
9.68
Percent
67.57
18.65
3.71
10.07
Percent
67.00
17.90
5.20
9.90
Percent
55.67
29.33
4.93
10.07
Percent
55.57
26.43
5.94
12.06
Percent
43.35
33.74
4.94
17.97
Percent
49.56
26.16
4.84
19.44
Percent
50.07
28.54
4.98
16.41
Percent
50.07
28.54
4.98
16.41
100. 00
100. 00
100.00
100.00
100. 00
100. 00
100. 00
100. 00
100. 00
100. 00
Salaries, wages, and fees
Interest on deposits
All other current expenses
31.06
14.39
25.76
30.78
14.37
25.39
27. 23
16.58
23.35
31.20
15.10
21.50
29.56
17.00
23.52
30.28
16.04
24.31
29.13
12.43
28.33
29.44
9.57
29.93
29.46
12.51
27.58
Total current expenses
71.21
70.54
67.16
67.80
70.08
70.63
69.89
68.94
29.46
12.51
27.58
69.55
28.79
29.46
32.84
32.20
29.92
29.37
30.11
31.06
30.45
30.45
-6.06
-6.32
-8.25
-3.20
-6.47
-2.96
-.64
-5.43
-3.58
-3.58
22.73
23.14
24.59
29.00
23.45
26.41
29.47
25.63
26.87
26.87
Total current earnings.-. _
. ___
Net current earnings
Net losses and 12
depreciation, less profits on
securities sold
Net profits
1 Includes 1 bank with deposits of $71,000.
2 Includes 2 banks with deposits of $105,000,000 and $121,000,000, respectively,
s4 Number at end of period.
Number of full-time and part-time employees at end of period.
s
Includes 8 stock dividends aggregating $27,000.
e Includes 7 stock dividends aggregating $19,000.
includes 5 stock dividends aggregating $16?0Q0,
69.55
8
Includes 6 stock dividends aggregating $85,000.
o Includes 5 stock dividends aggregating $167,000.
ioIncludes 1 stock dividend of $50,000.
"Includes
1 stock dividend of $500,000.
12
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries,
OO
TABLE N O . ..8.—Earnings and, dividends of national banks, by size of banks, for the year ended bet. 31, 1988, by Federal Reserve districts—Con.
DISTRICT NO. 7
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31, 1938, of—
$100,001
to
$250,000
Number of banks..
Total deposits
__
Total earnings from current operations...
$500,001 $750,001 $1,000,001 $2,000,001 $5,000,001
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000
5
534
9,230
4, 774,129
9,609
17,883
36, 582
83
36,665
10, 704
1,088
31,046
1,794
49,990
3,769
123
10
50,113
3,779
455
6,390
1,437
4,592
492
7,834
5,294
7,950
6
14
7
498
7,835
5,308
7,957
60, 268
173, 216
281,306
954, 755
131
721
928
1,031
2,834
3,445
50
10
380
64
558
82
862
75
2,414
233
3,976
423
2
8
189
88
54
117
80
137
83
37
1,097
2,263
2,226
3
61
145
442
273
801
636
Total
529
82
44,547
9
6
69
Total
4, 764,899
88
30, 382
79
$100,000,001
and over 1
Operating less
than 21
year
3, 216,150
122
4,275
20
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other
securities
.
.
. . . _.
._
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department
Service charges on deposit accounts.
__
Rent received
Other current earnings
$250,001
to
$500,000
8
1
1
16
9
22
42
97
310
333
830
3
833
210
1,323
1,776
2,218
6,383
9,567
27, 334
63, 930
112, 741
247
112,988
399
191
1,068
1,388
1,476
4-1,242
3,394
5,151
677
3,795
5,138
14, 499
484
8,185
12,126
22,226
2,615
14,409
21
29
446
657
15
38
12,147
22, 255
2,630
14,442
61
1,159
1
113
60
1,673
5
220
154
4,084
9
592
83
6,063
10
50
408
14,011
16
2,172
4,130
22, 536
Expenses:
Salaries and wages:
Officers.. . .
_ __
Employees other than officers
Number of officers3
.
Number of employees other than officers i
Fees paid to directors and members of executive,
discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes
Other taxes. .
_______
Other expenses
Total current expenses
Netearnings
Recoveries, profits on securities sold, etc.:
Recoveries on loans
_
59
6
305
83
375
127
693
3
15
13
205
221
19
20
201
299
460
2
11
39
21
55
243
30
73
40
103
385
232
316
774
' 308
1,148
1,868
5,996
1,152
2,556
12, 499
408
13,959
15
2,170
4,120
22,486
140
923
1,225
1,597
4,475
7,006
20,154
41,990
77, 510
165
77,675
70
400
551
621
1,908
2,561
7,180
21, 940
35, 231
82
35, 313
13
52
62
90
184
312
1,009
3,204
4,926
17
4,943
48
15
197
122
202
172
52
1
2
00
Recoveries on bonds, stocks, and other securities.—
I*roflts on securities sold
__
All other
2
9
1
23
109
15
42
156
13
45
254
12
134
795
194
312
1,220
150
807
3,325'i
963
2,440
10,451
1,314
3,805
16, 319
2,662
9
20
1
3,814
16,339
2,663
to
Total
25
199
273
401
1,307
1,994
6,104
17,409
27,712
47
27,759
g
Total net earnings, recoveries, etc
95
599~
824
1,022
3,215
4,555
13,284
39, 349
62, 943
129
63,072
11
11
52
207
131
241
101
320
2,444
9,518
928
1,462
4,411
16,401
2,402
2,959
12
29
4,423
16,430
2,407
2,965
1 Losses and depreciation:
>£_
On loans
_
^
On bonds, stocks, and other securities
On banking house, furniture and fixtures _ _
1
Other losses and depreciation
w
257
371
46
24
1,038
176
181
1,475
273
368
1,044
3,591
883
882
443
491
1,652
2,487
6,400
14, 352
26,173
52
26,225
381
531
1,563
2,068
6,884
24,997
36,770
77
36,847
14
5 115
20
6 191
24
M66
56
8 608
172
9 653
1,476
u 18, 390
2,095
22, 385
1
9
2,096
22, 394
13
129
211
190
664
825
331
io 2, 251
2,582
19. 866
24,480
10
24,490
Percent
62.38
23.81
_ _.
4.29
9.52
Percent
54.50
28.72
6.65
10.13
31.42
6.59
9.74
Percent
46.48
38.86
6.18
8.48
Percent
44.40
37.82
6.92
10.86
Percent
36.01
41.56
8.37
14.06
Percent
35.15
39.16
8.28
17.41
Percent
27.97
48.56
2.25
21.22
Percent
32.45
44.33
4.70
18.52
Percent
33.60
49.80
5.67
10.93
Percent
32.45
44.35
4.70
18.50
100.00
100.00
100.00
100. 00
100.00
100. 00
100.00
100.00
100.00
100.00
100. 00
32.38
9.53
24,76
30.46
15. IP
24.12
29.00
16.84
23.14
27. 46
20.74
23.80
28.54
18.16
23.41
30.56
17.49
25.18
31.82
14.94
26.97
30.85
9.48
25.35
30. 83
12.38
25.54
20.24
21.05
25.51
30. 81
12.40
25.54
66.67
69.77
68.98
72.00
70.11
73.23
73.73
65.68
68.75
66.80
68. 75
33.33
30.23
31.02
28.00
29.89
26.77
26.27
34.32
31.25
33.20
31.25
4.28
8 69
9.57
-4.06
-5.40
-5.15
-1.08
+4.78
+1.36
-2.03
+1.36
29.05
21.54
21.45
23.94
24.49
21.62
25.19
39.10
32.61
31.17
32.61
9
3
44
11
43
28
Total
34
314
Net addition to profits
61
285
2
11
Dividends:
On preferred stock
On common stock
_
__ .
Total
Ratios to total earnings:
Interest and discount on loans _
Interest and dividends on investments.
Service charges
All other current earnings
Total current earnings
Salaries, wages, and fees
Interest on deposits
All other current expenses
Total current expenses
_
_.
Net current earnings
Net losses12and depreciation, less profits on securities sold
Net profits
__ _
Percent
52. 25
1 Includes 1 bank with deposits of $57,000,000.
2 Includes also figures of first 6 months for 1 bank which was inactive Dec. 31, 1938.
a Number at end of period.
*8 Number of full-time and part-time employees at end of period.
Includes 12 stock dividends aggregating $42,000.
«Includes 12 stock dividends aggregating $56,000.
7 Includes 8 stock dividends aggregating $38,000.
5
6
s Includes 23 stock dividends aggregating $231,000.
o Includes 16 stock dividends aggregating $188,000.
io Includes 8 stock dividends aggregating $517,000.
H
Ineludes 2 stock dividends aggregating $12,500,000.
w
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
OO
TABLE NO. 28.—Earnings and dividends of national banks, by size of banks, for the year ended Dec. 81 r 1988, by Federal Reserve districts—Con.
DISTRICT NO. 8
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1938, of—
Number of banks
Total deposits
.
_
__
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc.—
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department
Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current operations..
Expenses:
Salaries and wages:
Officers
"Rmployp.p.<! othp.r than office^
Number of officers3
Number of employees other than officers'*.
Fees paid to directors and members of
executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes Other taxes
Other expenses
_.
Total current expenses
Net earnings .
Operating less
t h a n 2l
year
Total
$100,000
and
under
$100,001
to
$250,000
$250,001
to
$500,000
4
345
24
4,503
61
23,131
55
33,275
39
34,349
65
89,969
40
111, 801
22
339,910
18
156
585
869
787
1,908
1,906
4,583
4,022
14,834
5
1
51
10
306
27
440
85
511
56
1,170
144
1,445
137
3,323
399
3,337
360
10, 588
1,219
10,588
1,219
1
13
9
1
1
34
35
8
1
2
61
49
12
11
64
68
4
14
190
136
17
40
222
285
23
2
282
413
509
235
18
130
178
410
61
21
480
1,175
1,501
362
21
480
1,175
1,502
362
25
240
996
1,519
1,501
3,579
4,058
9,746
8,516
30,180
2
30,182
10
213
52
170
92
301
104
178
150
256
121
no
156
610
346
262
S55
564
527
184
4S7
1,114
1,555
218
1,167
987
1,747
12k
1,285
4,113
4,467
1,330
3,671
1
10
8
58
15
A9
26
4,114
4,467
1,330
8,671
3
3
26
10
173
18
799
20
56
164
85
187
532
34
737
14
134
139
668
46
1,476
6
13
47
16
297
1
46
73
228
44
664
1
5
23
275
1
35
66
271
222
402
2,029
338
245
1,735
194
4,450
16
886
1,182
5,679
1
194
4,450
16
886
1,182
5,680
19
168
688
1,076
1,038
2,468
2,817
6,844
5,869
20,987
2
20, 989
6
72
308
443
463
1,111
1,241
2,902
2,647
9,193
$50,000,001
$500,001 $750,001 $1,000,001 $2,000,001 $5,000,001
to
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,0001
Total
314
4
415,486 1,052, 769
79
314
1, 052,848
1
14,835
1
9,193
00
00
Recoveries, profits on securities sold, etc.:
Recoveries on loans _ .
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
Allother___
_
_
Total
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures...
Other losses and depreciation
Total.
_
Net addition to profits.
2
8
11
4
41
59
96
131
236
386
985
985
14
30
33
62
114
268
734
1,255
2,857
453
1,255
2,857
453
50
17
100
57
116
8
252
73
351
49
1,062
145
915
100
2
23
107
228
216
483
645
1,711
2,135
5,550
5,550
8
95
415
671
679
1,594
1,886
4,613
4,782
14, 743
14, 743
4
17
4
9
13
53
64
30
22
99
171
36
53
95
162
39
17
154
310
96
61
137
363
186
63
355
1,323
169
61
1,422
4,359
904
465
1,422
4,359
904
465
621
749
508
1,962
337
174
2,981
1,908
7,150
7,150
1,137
1,632
2,874
7,593
7,593
2,134
4,189
2
1
7
43
169
359
313
1
52
246
312
366
Dividends:
On preferred stock
_
1
On common stock
1
Total.
Percent
Ratios to total earnings:
72.00
Interest and discount on loans
20.00
Interest and dividends on investments
Service charges
..
8.00
All other current earnings
100.00
Total current earnings.
40.00
Salaries, wages, and fees
12.00
Interest on deposits
24.00
All other current expenses
76.00
Yotal current expenses
_
Net current earnings
24.00
Net losses and depreciation,
less profits on
securities sold 12
-20.00
Net profits
4.00
2
8
24
«140
7 164
17
148
Percent
65.00
21.25
5.42
8.33
Percent
58.74
30.72
3.41
7.13
188
Percent
21
8 116
137
973
31
»433
58
10 380
117
H806
261
261
4,189
4,450
438
923
2,134
4,450
Percent Percent
53.31
46.97
Percent
47.02
34.10
4.24
14.64
Percent
47.23
39.18
2.09
11.50
Percent
49.16
35.08
3.89
11.87
Percent
50.00
50.00
Percent
49.15
35.08
3.89
11.88
100.00
100.00
464
28.97
4.01
9.81
Percent
52.43
34.05
4.26
9.26
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100. 00
31.67
10.83
27.50
27.61
17.37
24.10
28.18
18.10
24.56
26.18
19.79
23.19
27.94
18.55
22.47
27.72
18.16
23.54
27.86
15.14
27.22
32.32
9.38
27.22
29.07
14.75
25.72
50.00
50.00
29.07
14.74
25.73
70.00
69.08
70.84
69.16
68.96
69.42
70.22
68.92
69.54
100.00
69.54
30.00
30.92
29.16
30.84
31.04
30.58
29.78
31.08
30.46
30.46
-8.33
-6.22
-8.62
-6.46
-3.85
-2.56
-13.03
+2.67
-5.30
-5.30
21.67
24.70
20.54
24.38
27.19
28.02
16.75
33.75
25.16
25.16
1 Includes 1 bank with deposits of $237,000,000.
2 Figures of first 6 months for 1 bank which was inactive Dec. 31,1938.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
«Includes 1 stock dividend of $3,000.
«Includes 12 stock dividends aggregating $37,000.
' Includes 6 stock dividends aggregating $42,000.
26
57.21
32.69
5.31
8.69
35.61
5.47
11.95
s Includes 2 stock dividends aggregating $8,000.
»Includes 6 stock dividends aggregating $31,000.
10 Includes 2 stock dividends aggregating $21,000.
11 Includes 1 stock dividend of $2,000.
« Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plusfigures,the opposite.
OO
CO
TABLE NO. 2&—tHartiihjjs ahd dividends of national banks, by size of banks, for the year ended Dec. 31, 1988, by Federal Reserve districts—Con,
DISTRICT NO. »
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,193?S,of—
$100,000
and
under
NuTnber of banks
Total deposits
_
_
._
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department
Service charges on deposit accounts
Rentreceived
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers2
Number of employees other than officers'
Fees paid io directors and jnembers of executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes __
Other taxes
Other expenses.._
___
_
Total current expenses.
Net earnings
_
$100,001 $250,001 $500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $100,000,001
to
to
to
to
to
to
to
$5,060,000 $50,000,000 and over
$250,000 •$500,000 $750,000 $i,ooo;ooo
5
402
7,790
36,826
41,963
19
242
1,056
902
3
5
119
74
522
240
720
42
98
68
215
29
21
3
390
147,917
209,866
379,804
954,481
4,498
576
1,502
1,938
2,455
4,169
12,859
42
12,901
569
1,587
345
2,263
346
2,365
349
3,531
883
11,679
2,601
30
12
11,709
2,613
144
68
958,979
57
1,014
1,267
1,575
4
151
52
S08
206
114
321
233
238
57
1,014
1,262
1, 570
706
5
5
6
1,452
3,960
5,468
6,116
10,193
31,748
100
31,848
440
125
212
285
121
130
706
438
268
862
782
237
944
1,150
5,003
5,019
1,571
3,895
22
12
5,025
5,031
1,571
3,895
427
4,923
3
15
430
4,938
1
798
3
2
25
1,565
6,230
1
24
17
14
58
73
53
68
90
42
47
73
42
490
2,002
2,038
147
14
473
91
267
13
* 193
41
224
511
15
3
104
28
166
129
382
621
863
1
4
6
78
22
414
32
459
23
334
46
831
1
84
1,012
114
808
99
983
16
21
98
47
75
370
52
78
342
39
58
235
95
152
677
135
212
201
2
4
213
735
23
380
1,492
1,528
1,095
2,946
6
110
510
510
357
1,014
135
390
48
97,614
37
32,299
1,135
2,297
134
1,£68
1
g
Total
327
367
186
1
2
Total
Operating less
thanl1
year
210
712
801
1,012
'230
1,286
2,181
1,563
6,205
4,099
4,733
7,643
23,939
82
24,021
1,369
1,383
2,550
7,809
18
7,827
S
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
Allother
_
Total
_
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
- _
.
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
Total
Net addition to profits
Dividends:
On preferred stock
On common stock._
Total _
23
62
77
45
201
201
484
797
1,890
11
1,901
1
19
4
36
82
23
55
157
17
68
119
15
133
301
38
308
450
48
274
768
92
472
641
425
1,347
2,537
662
1
1
14
1,348
2,538
676
47
203
306
247
673
1,007
1,618
2,335
6,436
27
6,463
6
157
713
816
604
1,687
2,376
3,001
4,885
14, 245
45
14,290
4
1
1
75
40
15
13
163
258
51
45
103
314
46
67
56
300
85
14
245
617
145
106
375
1,223
203
108
480
593
173
47
646
1,108
525
152
2,147
4,453
1,244
553
14
15
2
9
2,161
4,468
1,246
562
6
143
517
530
455
1,113
1,909
1,293
2,431
8,397
40
8,437
14
196
286
149
574
467
1,708
2,454
5,848
5
5,853
6
I
_. _ _
37
8
17
65
«210
«154
7 110
8 428
9
59
104
52
io 1,130
348
2
545
1,530
4,121
2
350
4,121
1
19
247
171
118
493
604
1,234
1,582
4,469
Percent
Ratios to total earnings:
65.52
Interest and discount on loans
10.34
Interest and dividends on investments
Service charges
24.14
All other current earnings.
100.00
Total current earnings
44.83
Salaries, wages, and fees
__
13.79
Interest on deposits
20.69
All other current expenses
-79.31
Total current expenses
20.69
Net current earnings
Net losses and depreciation, less profits on
-20.69
securities sold **
Percent
49.39
24.28
4.90
21.43
Percent
52. 75
26.07
2.90
18.28
Percent
44.26
35.33
3.34
17.07
Percent
39.67
39.19
3.24
17.90
Percent
37.93
40.08
4.87
17.12
Percent
35.44
41.39
5.98
17.19
Percent
40.14
38.67
5.25
15.94
Percent
40.90
34.64
2.20
22.26
Percent
40.50
36.79
3.98
18.73
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
34.08
15.92
27.55
29.27
20.68
24.58
29.29
22.53
23.16
29.55
23.00
22.86
30.05
20.99
23.36
31.60
18.51
24.85
36.10
13.21
28.08
34.64
9.64
30.70
32.91
15.51
26.98
37.00
15.00
30.00
32.93
15.50
26.99
77.55
74.53
74.98
75.41
74.40
74. 96
77.39
74.98
75.40
82.00
75.42
22.45
25.47
25.02
24.59
25.60
25.04
22.61
25.02
24.60
18.00
24.58
-19.59
-15.68
-10.99
- 1 4 . 33
-11.11
- 1 6 . 50
+5.31
-.94
-6.18
-13.00
-6.20
2.86
9.79
14.03
10.26
14.49
8.54
27.92
24.08
18.42
5.00
18.38
Net profits
1
Figures of first 6 months for banks which were inactive
2
Number at end of period.
3
Number
of full-time and part-time employees at end of
4
Includes 2 stock dividends aggregating $3,000.
5
Includes 24 stock dividends aggregating $84,000.
•Includes 12 stock dividends aggregating $46,000.
Dec. 31,1938.
period.
7
4,471
Percent Percent
42.00
40.51
30.00
36.76
5.00
3.98
23.00
18.75
Includes 2 stock dividends aggregating $4,000.
" Includes 15 stock dividends aggregating $178,000.
* Includes 9 stock dividends aggregating $202,000.
i° Includes 7 stock dividends aggregating $505,000.
i* Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
TABLE NO. 28.—Earnings an! dividends of national banks, by size of banks, for the year ended Dec. SI, 1938, by Federal Reserve districts—Con.
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec, 31,1938, of—
$100,000 $100,001
to
and
$250,000
under
Number of banks. . .
Total deposits
.._.
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
. _ _
Collection charges, commissions, fees, etc..
Foreign department (except interest on
foreign loans, investments, and bank
balances)
__ _
Trust department
Service charges on deposit accounts...
Rent received_
Other current earnings
_
Total earnings from current operations. _
Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers*. ._
Number of employees other than officers 4 .
Fees paid to directors and members of
executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money.
Real-estate taxes
Other taxes..
Other expenses
_
__
Total current expenses
_
Net earnings .
_
$750,001 $1,000,001 $2,000,001 $5,000,001
$50,000,001
$250,001
$500,001
$500,000
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,0001
to
to
to
to
to
to
to
Total
Operating less
thanl
year*
Total
6
491
22,166
67,030
57, 238
41, 510
125,965
191,904
620,651
25
983
2,453
1,633
1,091
2,867
3,603
6,915
3,667
2,231
78
350
761
7
1,258
3,287
3,536
116
392
392
5
4
34
12
1
124
229
74
185
681
183
90
37
274
151
14
22
1,427
3,764
425
78
968
264
94
644
135
192
117
25
48
66
43
5
2,199
207
5,370
271
4
3
2
11
68
808
369
171
73
459
277
609
507
1,138
1,613
20
25
66
104
662
2
664
5,648
1,480,027
23,237
53
23,290
13,301
1,254
21
3
13,322
1,257
9
11
7
1,258
3,296
3,547
347,424 1,474,379
1,504
220
2,746
1,881
5,363
7,259
16,223
7.575
46,272
97
46,369
654
216
412
191
1,036
1,491
90
962
658
7,559
7,141
2,678
6,526
20
12
7,579
7,153
2,580
6,684
2
655
174
190
888
676
1,221
1,063
368
818
2,173
3,182
880
2,240
22
42
624
2
118
58
759
1
166
72
1,108
1
446
208
877
1,364
3,918
1,242
3,562
4,871
639
1,801
2,388
292
137
545
346
826
258
2
1
8
13
114
2
31
37
348
5
80
20
274
1
57
51
265
143
650
107
452
32
75
318
24
979
2,495
1,781
448
1,269
965
10
91
438
86
10
8
192
CO
to
DISTRICT NO. 10
239
7
9
1,606
272
3,849
12
1,053
1,873
9,458
1
5
20
274
3,858
12
1,054
1,878
9,478
11,542
4,721
31,217
69
31,286
4,681
2,854
15,055
28
15,083
642
8
428
123
407
9
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
Allother
_
Total
_
Total net earnings, recoveries, etc
_ •
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures..
Other losses and depreciation
Total
Net addition to profits
Dividends:
On preferred stock
On common stock
Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges. _
All other current earnings
Total current earnings
_Salaries, wages, and fees
Interest on deposits ._ . _.
All other current expenses
Total current expenses...
Net current earnings
Net losses and depreciation,
less profits on
securities sold 14
Net profits
2
94
1
11
32
12
25
95
40
25
53
30
22
66
20
88
307
112
308
354
173
3
149
394
321
177
796
1,271
2
1
3
2
234
213
289
436
751
2,965
1
2,966
1,912
2,461
360
51
1,223
91
2,442
4,592
838
4
3
2,446
4,595
838
5,610
2,116
10, 837
8
10,845
36
25,928
2
7
2
1
2,765
5,445
2,109
772
877
597
1,663
1,286
816
2,597
3,659
10,291
4,970
25,892
163
14
54
23
369
77
146
91
292
80
95
40
117
57
74
20
308
360
240
91
474
575
387
143
846
3,656
731
305
192
619
379
58
2,763
5,438
2,107
771
254
683
507
268
999
1,579
5,538
1,248
11,079
12
11,091
343
980
779
548
1,598
2,080
4,753
3,722
14,813
24
147837
9
«201
24
«649
16
7 479
12
8 305
47
»831
49
101,095
184
ii 1,919
47
» 1,330
388
6,811
13 36
388
6,847
——
2
210
673
495
317
878
1,144
2,103
1,377
7,199
36
7,235
Percent
73.53
14.71
11.76
Percent
68.88
16.05
6.31
8.76
Percent
65.17
18.09
7.28
9.46
Percent
59.47
23.45
6.99
10.09
Percent
58.00
23.29
9.09
9.62
Percent
53.46
28.04
8.56
9.94
Percent
49.64
30.29
8.39
11.68
Percent
42.63
33.10
7.01
17.26
Percent
48.41
29.45
4.62
17.52
Percent
60.22
28.75
7.10
13.93
Percent
54.64
21.65
9.28
14.43
Percent
50.23
28.73
7.11
13.93
100.00
100.00
100. 00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
38.24
5.88
26.47
36.16
7.99
24.45
33.71
9.25
23.32
32.41
9.98
22.47
33.23
10.21
22.59
32.31
11.64
22.47
32.26
10.46
24.39
33.45
6.83
30.86
28.48
5.65
28.20
32.36
8.32
26.79
35.05
9.28
26.81
32.36
8.32
26.79
70.59
68.60
66.28
64.86
66.03
66.42
67.11
71.14
62.33
67.47
71.14
67.47
29.41
31.40
33.72
35.14
33.97
33.58
32.89
28.86
37.67
32.53
28.86
32.53
-7.36
-7.68
-6.77
-4.84
-3.78
-4.24
+.44
+11.46
-.52
-4.12
-.53
24.04
26.04
28.37
29.13
29.80
28.65
29.30
49.13
32.01
24.74
32.00
100.00
29.41
i3 Includes 1 bank with deposits of $122,000,000.
Includes alsofiguresof first 6 months for banks which were inactive Dec. 31,1938.
* Number at end of period.
* Number of full-time and part-time employees at end of period.
«Includes 7 stock dividends aggregating $13,000.
«Includes 38 stock dividends aggregating $127,000.
11ncludes
17 stock dividends aggregating $52,000.
1
Includes 9 stock dividends aggregating $41,000.
69
9
Includes 23 stock dividends aggregating $181,000.
i° Includes 11 stock dividends aggregating $212,000.
ii3 Includes 9 stock dividends aggregating $535,000.
I Includes 2 stock dividends aggregating $250,000.
is Includes 1 stock dividend of $1,000.
i* Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plusfigures,the opposite.
CO
CO
TABLE N O . 28.—Earnings and dividends of national banks, by size of banks, for the year ended Dec. 31,1938, by Federal Reserve districts—Con.
DISTKICT NO. 11
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1938, of—
Number of banks
Total deposits
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees,etc_ _
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department
_
Service charges on deDosit accounts
Rent received
Other current earnings
Total earnings from current operations...
Expenses:
Salaries and wages:
Officers
EmDlovees other than
officers
2
Number of officers
Number of employees other than officers*.
Fees paid to directors and members of
executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes
Other taxes
Other expenses
Total current expenses
Net earnings. __„
,„.__,
r
$50,000,001
$500,001 $750,001 $1,000,001 $2,000,001 $5,000,001
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 ;$ioo,ooo,oooi
$100,000
and
under
$100,001
to
$250,000
$250,001
to
$500,000
11
891
71
12,193
120
43, 873
79
48, 460
39
34, 724
72
97, 624
45
146, 002
45
727, 592
66
665
1,749
1,637
1,022
2,556
3,198
9,467
8
3
93
39
449
125
492
115
370
86
1,015
150
1,432
168
5,622
452
2
2
36
21
6
138
87
10
152
119
16
1
81
74
12
302
202
9
12
35
335
441
77
81
860
2,558
2,531
1,646
4,234
31
1
25
7
270
47
17972
715
190
879
270
615
216
296
249
359
161
161
I64
10
22
3
39
37
167
29
77
3
97
118
474
24
131
4
103
120
483
59
595
1,703
22
265
855
1
3
4
19
Total
Operating less
than 1
year
Total
485
3
238,802 1, 350,161
485
1,350,161
3,780
24,140
24,140
1,261
50
10,742
1,188
10,742
1,188
11
365
1,019
2,448
162
13
130
161
403
66
36
531
2,226
3,797
358
36
531
2,226
3,797
358
5,698
19, 546
5,864
43,018
43, 018
831
499
886
475
852
850
287
676
2,427
3,306
427
2,250
643
1,007
76
608
6,743
6,277
2,116
4,771
6,743
6,277
2,116
4,771
22
69
1
66
79
294
33-.
279
5
167
162
790
32
494
8
210
232
1,045
69
1,729
25
279
947
691
4, 482
244
464.
761
244
3,081
24
1,876
1,907
8,515
244
3,081
24
1,876
1,907
8,515
1,696
1,051
2,766
3,723
13, 651
3,423
28,667
28,667
835
595
1,46&
1,975
5,895
2,441
14, 351
14, 351
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
All other
Total
Total net earnings, recoveries, etc
Losses and depreciation:
Onldans
__ _ _ _.
On bonds, stocks, and other securities
On banking house, furniture, and fixtures..
0 tber losses and depreciation
Total
Net addition to profits
Dividends:
On preferred stock . On common stock
Total
-
3
69
182
186
98
239
2
2
6
12
8
78
32
14
93
41
12
40
30
28
184
72
279
973
538
2,567
2,567
136
291
80
1 751
1,769
405
165
618
59
2 116
3,081
731
2,116
3,081
731
5
89
300
334
180
523
786
4,898
1,380
-8,495
8,495
27
354
1,155
1,169
775
1,991
2,761
10,793
3,821
22,846
22,846
9
1
4
1
134
2
27
17
273
36
73
48
258
62
97
119
152
34
47
38
342
128
130
171
1,269
2,653
761
499
417
339
65
473
3,637
3,546
1,364
1,652
3,637
3,546
1,364
1,652
15
180
430
536
271
771
783
291
160
286
1,520
5,182
1, 294
10,199
10,199
12
174
725
633
504
1,220
1,241
5,611
2,527
12,647^
12, 647
11
•148
11
154
6
20
26
7
9
33
36
285
56
471
471
379
8 638
»905
io 2,-214
1,510
6,656
6,656
388
671
941
2,499
1,566
7,127
7,127
Percent
Percent
Percent
Percent Percent
Percent
Ratios to total'earnings:
64.68
60.37
62.09
68.37
Interest and discount on loans___.. .
81.48
77.33
19.44
23.97
22.48
17.55
9.88
10.81
Interest and dividends on investments
4.92
6.00
7.13
5.40
4.19
2.47
Service changes
10.51
8.53
6.17
8.68
7.67
All other current earnings,
_
9.88
100. 00
100. 00
100.00
Total current earnings
100.00
100.00
100.00
Percent
56.13
25.13
5.88
12.86
Percent
48.44
28.76
5.21
17.59
Percent
64.46
21.50
2.75
11.29
Percent
56.12
24.97
5.17
13.74
Salaries, wages, and fees
.
Interest on deposits
All other current expenses
_.
Total current expenses
Net current earnings
Net losses and depreciation,
less profits on
securities sold n _
Net profits
_ _
511
«360
386
Percent
Percent
56.12
24.97
5.17
13.74
100.00
100.00
100.00
100.00
100.00
39.51
1.23
32.10
38. 02
2.56
28.61
36.51
3.01
27.06
33.78
5.18
28.05
32.93
4.19
26. 73
32.19
6.59
26.55
30.43
8.67
26.24
29.68
8.85
31.31
28.57
4.75
25.05
30.83
7.16
28.65
30.83
7.16
28.65
72.84
69.19
66.58
67. 0.1
63.85
65.33
65.34
69.84
58.37
66.64
66.64
27.16
30.81
33.42
32.99
36.15
34.67
34.66
30.16
41.63
33.36
33.36
- 1 2 . 35
- 1 0 . 58
- 5.08
-7.98
-5.53
-5.86
-12.88
-1.45
+1.46
-3.96
-3.96
14.81
20.23
28.34
25.01
30.62
28.81
21.78
28.71
43.09
29.40
29.40
1 Includes 1 bank with deposits of $113,000,000.
2 Number at end of period.
3 Number of full-time and part-time employees at end of period.
* Includes 4 stock dividends aggregating $16,000.
«Includes 26 stock dividends aggregating $73,000.
• Includes 13 stock dividends aggregating $36,000.
8 491
7 Includes 6 stock dividends aggregating $28,000.
s Includes 10 stock dividends aggregating $79,000.
•• Includes 9 stock dividends aggregating $189,000.
io Includes 2 stock dividends aggregating $107,000.
" Minusfiguresrepresent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plusfigures,the opposite.
CO
TABLE N O . 28.—Earnings and dividends of national banks, 'jy size of banks, for the year ended Dec. 31,1988, by Federal Reserve districts—Con.
DISTRICT NO. 12
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1938, of—
N"nmhp,r of bftTlkS
Total deposits
Gross earnings:
Interest and discount on loans _
._.
Interest and dividends on bonds, stocks, and other
securities
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances) Trust department _
- .
Service charges on deposit accounts
Rent received
Other current earnings
.__
_
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than
officers
3
Number of officers
Number of employees other than officers*
-
Fees paid to directors and members of executive,
discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes
0 ther taxes
Other expenses._
$100,001
to
$250,000
$250,001
to
$500,000
7
1,472
38
14,434
72
12
$500,001 $750,001 $1,000,001 $2,000,001 $5,000,001
to
to
to
to
$760,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000
35
21,368
31
26,743
41
57,612
28
81,076
29
439,785
499
611
766
1,721
1,833
8,549
165
239
34
320
623
90
970
103
4,086
387
I
9
146
130
24
4
85
163
180
43
38
545
780
1,080
283
31
1
1
60
50
18
38
Total
220
3, 772,498
220
3,768, 715
3,783
63,262
77,313
41
77,354
31,325
2,175
37,740
2,858
19
1
37,759
2,859
606
4,636
4,523
5,316
1,279
649
5,277
5,782
6,843
1,665
2
3
649
5,277
5,784
6,843
1,668
138,127
66
138,193
14,503
26,359
8,478
17,017
11
8
14, 514
26,367
1
27
1
2
9
351
27,028
10
2,869
4,653
23,034
39
34
98
777
1,014
1,244
2,743
3,381
15,748
113,122
26
7
15
8
191
220
100
109
107
245
130
108
118
471
349
178
499
510
148
880
1,950
2,695
448
1,950
10,901
22,510
2,874
14,093
108
9
175
4
16
41
28
476
1
50
626
68
2,791
195
22,591
172
16
222
2
26
40
193
23
12
102
464
52
113
531
238
675
2,959
2,473
3,651
18,550
350
27,001
10
2,868
4,651
23,025
1,941
2,354
11,376
80,872
98,767
59
98,826
32,250
39,360
7
39,367
2,159
665,
2,793
1,039
1
3
17
9
58
108
74
2
12
26
139
_
66
547
737
874
Net earnings
__
32~
230
277
370
7
34
31
12
40
19
11
3,126,225
Total
8
3
3
63
50
6
Total current expenses
Recoveries, profits on securities sold, etc.;
Recoveries on loans
Recoveries on bonds, stocks, and other securities-
$100,000,001
a n d over x
Operating less
than 1
year 1
7
802 ~~ 1,027
88
28
4,372 ~~
54
380
143,
165.
8,478
17,017
2,793
1? 03?
CO
Profits on securities sold
All other
Total
Total net earnings, recoveries, etc.
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture, and fixtures
Other losses and depreciation. _
Total
Net addition to profits
28
7
72
13
7
24
7
72
78
144
39~
302~
355
514
50
215
170
24
1,318
255
13,952
1,613
15, 670
1,949
252
391
2,118
18,389
1,054
1,418
6,490
50,639
106
30
5
15, 675
1,949
21,451
5
21,456
60,811
12
60,823
791
163
94
34
1,024
382
337
18,848
7,987
2,790
3,856
20,134
9,424
3,473
4,325
4
119
95
45
20,138
9,424
3,473
4,325
183
474
409
2,534
33,481
37,356
4
37,360
233
331
580
1,009
3,956
17,158
23,455
8
23,463
7
«108
10
M07
8
U39
24
258
14
10 497
266
ii 1, 508
731
" 18,344
1,060
20,971
6
1,060
20,977
10
115
117
147
282
511
1,774
19,075
22,031
6
22,037
Percent
Ratios to total earnings:
73.47
Interest and discount on loans _ __
12.25
Interest and dividends on investments
8.16
Service charges
6.12
All other current earnings
Total current earnings
100.00
Salaries, wages, and fees 33.67
12.25
Interest on deposits..
21.43
All other current expenses
Total current expenses
67.35
Net current earnings
32.65
Net losses and depreciation, less profits on securities
sold!3
-7.14
Percent
64.22
21.24
5.02
9.52
Percent
60.26
23.57
5.92
10.25
Percent
61.58
25.72
5.06
7.64
Percent
62.74
22.71
5.32
9.23
Percent
54.22
28.69
4.82
12.27
Percent
54.29
25.95
4 95
14.81
Percent
55.92
27.69
4.00
12.39
Percent
55.97
27.32
4.19
12.52
Percent
62.12
28.79
3.03
6.06
Percent
55.97
27.32
4.19
12.52
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100. 00
33.46
13.90
23.04
32.44
17.26
22.98
31.43
17.85
20.98
30.92
17.35
22.50
30.52
18.52
20.59
29.93
17.72
24.59
29. 71
19.97
21.81
29.83
19.55
22.12
30.30
40.91
18.18
29.83
19.56
22.12
Dividends:
On preferred stock
On common stock
Total
Net profits .
6
_..
53
53
8
36
29
21
26
27
16
69
48
16
14
139
122
25
163
8 10
25.51
70.40
72.68
70.26
70.77
69.63
72.24
71.49
71.50
89.39
71.51
29.60
27.32
29.74
29.23
30.37
27.76
28.51
28.50
10.61
28.49
-8.62
-4.34
-3.13
-8.09
-.53
-2.64
-13.34
- 1 1 . 52
+1.51
-11.51
20.98
22.98
26.61
21.14
29.84
25.12
15.17
16.98
12.12
16.98
i3 Includes 1 bank with deposits of $74,000,000.
Figures of first 6 months for 1 bank which was inactive Dec. 31,1938.
* Number at end of period.
* Number of full-time and part-time employees at end of period.
«Includes 1 stock dividend of $1,000.
•Includes 13 stock dividends aggregating $48,000.
' Includes 8 stock dividends aggregating $27,000.
9
118
8«Includes
4 stock dividends aggregating $15,000.
Includes 10 stock dividends aggregating $43,000.
10 Includes 7 stock dividends aggregating $133,000.
11 Includes 4 stock dividends aggregating $170,000.
»Includes 1 stock dividend of $500,000.
" Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
CO
TABLE N O . 29.—Earnings and dividends of nonmember national banks, by size qf banks, for the year ended Dec. SI, 19S8
CO
00
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1938, of—
$100,000 $100,001 $250,001 $500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001 $100,000,001
to
to
Total
to
and
to
to
to
to
to
under $250,000 -$500,000 4750,000 41,000,000 $2,000,000 $5,000,000 $50,000,0001 $100,000,000 and over
Number of banks
Total deposits
_
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds,
stocks, 'and other securities
Collection charges, commissions, fees,
etc
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department
Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current operations .
Expenses:
Salaries and wages:
Officers—
_ _
Employees other than officers
Number of officers K..
Number Qf employees other than officers '
Fees paid to directors and members of
executive, discount, and advisory
committees
Interest on time and savings deposits. _
Interest and discount on borrowed
money _
Real-estate taxes
Other taxes
Other expenses.
Total current expenses
Net earnings
Operating less
thanl
year
Total
4
2
6,079
48,876
170
885
1,055
1,055
66
813
879
879
49
194
243
243
2
8
18
2
8
6
29
40
36
10
6
37
58
38
10
6
37
58
38
315
2,011
2, 326
2,326
250
299
299
40
in
201
mi
1
64
7
366
8
430
8
430
4
14
50
30
94
196
34
108
246
34
108
246
213
1,232
1,445
1,445
102
779
881
881
49
31
15
289
6
6
54,955
320
55
320
55
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and othe
securities
Profits on securities sold
Allother
8
18
26
26
1
28
422
25
29
424
25
29
424
25
2
Total
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
504
504
1,385
1,385
41
366
54
381
54
381
54
9
74
15
74
15
11
493
113
1,272
13
15
20
6
= = = = =
Total
54
470
524
524
Net addition to profits
59
802
861
861
2
*18
318
2
336
2
336
Dividends:
On preferred stock
On common stock
Total
Ratios to total earnings:
Percent
Interest and discount on loans
__ _
Interest and dividends on investments
Service charges
All other current earnings
20
Percent Percent
Percent
Percent
Percent
53.97
20.95
2.54
22.54
338
318
Percent
Percent
44.01
40.43
1.44
14.12
Pet cent
Precent
Percent
45.36
37.79
1.59
15.26
338
Percent
Percent
45.36
37.79
1.59
15.26
Total current earnings
100.00
100.00
100.00
100.00
Salaries, wages and fees
Interest on deposits
All other current expenses.
25. 71
20 32
21.59
27.15
18 20
15.91
26 95
18 49
16.68
26.95
18.49
16.68
Total current expenses
67.62
. . . . 61.26
62.12
62.12
32 38
38 74
37 88
37.88
-13.65
+1.14
-.86
-.86
18.73
39.88
37 02
37.02
Net current earnings
Net losses and depreciation,
less profits
on securities sold fi
Net profits
1
Includes 1 bank with deposits of $2,800,000.
2
Number at end of period.
3 Number of full-time and part-time employees at end of period.
* Includes 1 stock dividend of $1,000.
5 Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
to
o
o
TABLE NO. 30.—Number of national banks, capital stock, capital funds, net addition to profits, dividends and ratios
[In thousands of dollars. Figures for previous years, published in reports for 1937, p. 127, and 1938, p. 115]
Capital stock (par value)l
Number of
banks
1929.
1930.
1931.
1932.
1933.
1934.
1935.
1936.
1937.
1938.
1929.
1930.
1931.
1932.
1933.
1934.
1935..
1936..
1937..
1938..
1939..
YEAR ENDED DEC. 31
YEAR ENDED JUNE 30
7,408
7,038
6,373
6,016
* 5,159
4 5,467
5,392
5,331
5,266
5,230
7,536
7,252
6,805
6,150
4 4,902
4 5,422
5,431
5,374
5,299
5,248
5,209
Dividends
Capital
funds * 2
Preferred
92,469
349,470
510, 511
447, 501
305,842
267,495
«53, 793
187,661
478,205
500.954
345,507
279,737
256,155
Common
,650,574
,724,028
,680,780
., 597,037
.,507,834
., 359,573
., 280,813
,259,027
., 285,946
,310,243
On preferred
stock
On common
stock
291,944
3,754,398
158,411
3,919,950
3,753,412 » 54,550
3,323, 536 3 164,737
2,981, 678 3 286,116
2,982,008 3153,451
3,084,092
158,491
3,143,029
313,826
3,206,194
228,021
3,281,819
198,649
558
10,103
18,862
18,166
11,532
9,378
247,897
216,287
194,023
135,381
71,666
82,122
98,786
117,869
136,803
133,142
3,674,190
301,804
3,835,095
246, 261
3,905, 508
52, 541
3, 564,857 3139,780
3,156, 232 3 218, 384
2, 920, 783 3 303, 546
3,048, 535
71, 372
3,123, 493 241, 654
3,186, 577 286, 561
3, 246, 886 208,423
3, 331,650 224,954
222,672
237,029
211, 301
169,155
22
99,124
3,430
72,418
16,176
87,241
20,432
105,172
14,496
138,979
« 9, 766 1133,998
8,468 129,330
Total
1,650,574
1,724,028
1,680,780
1,597,037
1,600,303
1,709,043
1,791,324
1,706,528
1,591,788
1,577,738
., 617,344 1,617,344
., 690,301 1,690,301
., 723,035 1,723,035
., 633,617 1,633,617
., 557, 528 1,611,321
, 425,947 1,613,608
1,784,238
,306,033
'., 262,5221,763,476
1,620,673
1,275,166
1, 302,236 1,581,973
1,572,221
1,316,066
1 Figures for capital stock and capital funds are averages of amounts from reports of
condition for all calls made in each year and the last call made in the preceding year;
i. e., from December to December, inclusive, and June to June, inclusive.
a Represents aggregate of capital stock, surplus, undivided profits, and reserves.
Net addition to
profits
Ratios
Dividends on
preferred
stock to
preferred
capital
DiviNet addition to
dends on Total
profits
common dividends
stock to to capicommon tal funds To capi- To capicapital
tal stock tal funds
.60
2.89
3.69
4.06
3.77
3.51
15.02
12.55
11.54
8.48
4.75
6.04
7.71
9.36
10.64
10.16
6.60
5.52
5.17
4.07
2.42
3.09
3.81
4.33
4.63
4.34
17.69
9.19
3 3.25
3 10.32
3 17.88
3 8.98
8.85
18.39
14.32
12.59
7.78
4.04
3 1.45
3 4.96
3 9.60
3 5.15
5.14
9.98
7.11
6.05
.04
1.83
3.38
4.08
4.20
3.49
3.31
13.77
14.02
12.26
10.35
6.36
5.08
6.68
8.33
10.90
10.29
9.83
6.06
6.18
5.41
4.75
3.14
2.60
3.39
4.02
4.82
4.43
4.14
18.66
14.57
3.05
3 8.56
3 13. 55
3 18.81
4.00
13.70
17.68
13.17
14.31
8.21
6.42
1.35
3 3.92
3 6.92
3 10. 39
2.34
7.74
8.99
6.42
6.75
3 Deficit.
* Licensed banks, i. e., those operating on an unrestricted basis.
«As of June 30,1933, when preferred stock was first reported.
«Revised.
o
8
w
o
o
K
3
w
o
3
Q
TABLE N O . 31.—National-bank investments in U. S. Government securities and other bonds and securities, loans and discounts (including
overdrafts), and losses charged off on account of bonds and securities and loans and discounts
[In thousands of dollars. Figures for previous years, published in report for 193S , pp. 113 and 114]
Percentage of losses
charged off—
U. S Government
securities *
YEAR ENDED DEC. 31
1929
1930
1931_
1932
1933.
1934
1935.
1936
1937
1938
1929
1930
1931.
1932
1933
1934
1935
1936
1937
1938
1939
__
_
__
__
_
YEAR ENDED JUNE 30
_
_
_.
_
_
Other bonds
and securities^
Total bonds
and securities i
Loans and
discounts
(including
overdrafts) 1
Losses
charged off
on bonds
and securities
Losses
charged off
on loans
and discounts
On bonds
and securities to
total bonds
and securities
On account
loans and
discounts
to total
loans and
discounts
2,845,261
2,712,172
3,113,913
3,488,174
4,093, 314
5,866,033
7,311,843
8,182,752
8, 285, 714
8,266,999
3,906,407
4, 111, 428
4,346,085
3,868,027
3,486,875
3,419,850
3,575,737
3,899, 553
3,942,442
3,719,867
6,751,668
6,823,600
7,459,998
7, 356,201
7, 580,189
9, 285,883
10,887, 580
12,082,305
12, 228,156
11,986,866
15,020,482
14,749,952
13,139,634
10,496,358
8, 583,467
7,767,047
7,434,095
7,744,609
8, 593,056
8,513,452
63,390
71,399
184,305
184,797
244,924
206,740
116,309
91,764
92,343
115,281
93,720
135,294
212,770
261, 567
305, 234
299,189
160,121
154,614
71,844
80,290
0.94
1.05
2.47
2.51
3.23
2.23
1.07
.76
.76
.96
0.62
.92
1.62
2.49
3.56
3.85
2.15
2.00
.84
.94
2,962,619
2, 719, 521
2,934,984
3,268,669
3, 701,949
4,832.989
6,721,078
7,742,412
8,379, 335
8,092,989
8, 502,693
4,061,114
3,881,301
4, 353, 357
4,166,880
3, 696,804
3, 351,343
3,488, 704
3,746,376
4,028, 727
3, 743,125
3, 750, 231
7,023, 733
6,600,822
7, 288,341
7,435, 549
7,398, 753
8,184,332
10, 209, 782
11,488, 788
12, 408,062
11,836,114
12,252,924
15,050,477
14,900,972
14,169,044
11,971, 501
9, 544, 594
8,017,312
7, 538,304
7,476, 501
8,330, 505
8,648,108
8,432,906
43,458
61,371
119,294
201,848
236, 557
241, 789
136,743
93, 339
94,069
103,009
116, 323
86, 815
103,817
186,864
259,478
231,420
379,294
188, 237
154,964
111,000
66,203
84,897
.62
.93
1.64
2.71
3.20
2.95
1.34
.81
.76
.87
.95
.58
.70
1.32
2.17
2.42
4.73
2.50
2.07
1.33
.77
1.01
g
O
O
W
O
1
Figures for securities and loans and discounts are averages of amounts from reports of condition for all calls made in each year and the last call made in the preceding year;
i. eM December to December, inclusive, and June to June, inclusive.
to
o
202
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 32.—Assets and liabilities of all banks in District of Columbia at date
of each call during year ended Oct. 31, 1939
[In thousands of dollars]
Dec. 31,
1938 (22
banks)
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
_
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
_
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
_
_
99,797
16
92,842
23,919
2,120
17, 820
1,832
Mar. 29,
1939 (22
banks)
June 30,
1939 (22
banks)
Oct. 2,
1939 (22
banks)
104,497
22
80, 310
26, 511
2,273
19, 925
1,832
52, 747
10,151
101, 717
24
87,947
24,418
2,084
19, 361
1,831
65,895
11,960
107,894
16
79,545
28,009
2,832
18,974
1,845
74,131
10,297
59,575
15, 564
4,189
51,617
15,541
4,138
53, 518
15,480
3,840
57,878
15,450
3,646
2,302
2,302
29
2,303
27
2,302
518
413
423
443
317
541
467
389, 045
389, 700
372, 713
196,204
109, 713
358
1,821
126
28, 245
5,042
341,509
231, 080
110,429
174, 568
110,163
315
1,273
75
31, 266
6,021
323,681
841,
228, 995 212,598
112,725 111, 083
LIABILITIES
Demand deposits of individuals,partnerships, and corporations..
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
_
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashier's checks, etc.)
Total deposits
._.
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and
outstanding
i
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities..
195,038
111, 949
358
1,273
82
29,531
202,858
113, 567
235
1,248
99
34, 208
2,747
354,962
240,621
114,841
29
29
27
6
380
674
497
411
838
387
420
711
613
427
456
508
343, 089
343, 385
325, 452
356, 359
1,258
1,325
17, 300
19, 883
15, 873
8,450
1,243
1,207
17,300
19,750
15, 952
8,651
1,243
1,180
17, 300
19,723
16,126
9,317
1,118
1,430
17,300
1,750
1,962
2,095
1,938
45,956
46,315
47,261
47,474
389, 045
389, 700
372, 713
403, 833
16, 566
15, 111
15,052
15, 541
177
241
241
218
CAPITAL ACCOUNTS
Capital stock:
Capital notes and debentures
Preferred stock.
_
Common stock
Total capital stock
Surplus
Undivided profits
_.
Reserves and retirement account for preferred stock and capital
notes and debentures.
_
_.
Total capital accounts
Total liabilities and capital accounts.
8,999
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilitiesTotal .
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
_
_
Total.
5,006
4,589
4,606
4,650
21, 749
19,941
19,899
20,409
,: :
12, 430
10,491
9,903
12,002
12,430
10,491
9,903
12,002
203
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 33.—Assets and liabilities of savings and State banks in District of
Columbia at date of each call during year ended Oct. 81, 1939
[In thousands of dollars]
ASSETS
Loans and discounts
_
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
_
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
_
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets...
Total assets
_
Dee. 31,
Mar. 29,
1939
June 30,
Oct. 2,
1939
8 banks
8 banks
8 banks
8 banks
20,228
1
2,133
1,318
77
1,609
6
5,525
1,260
21,037
3
1,743
1,442
49
1,515
6
5,773
1,447
22,100
2
1,969
54
1,743
6
4,917
1,185
22,996
3
1,551
1,555
70
1,595
6
7,065
1,466
2,592
1,143
67
2,011
1,144
3,233
1,115
34
2,648
1,114
27
347
347
348
347
947
21
26
36,349
37,700
40,490
14,162
18,445
15
84
26
196
367
88,295
14, 770
18, 525
15,847
19,343
35
84
5
227
252
85,793
16,841
19,452
33,745
293
115
50
36,251
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)...
Total deposits
_.
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
____
Total liabilities..
14, 680
16,894
58
84
23
218
203
82,160
15,115
17,045
14,001
58
84
28
201
178
82,870
114U
17,956
262
105
36
32, 566
285
76
29
32, 760
17,820
CAPITAL ACCOUNTS
Capital stock:
Capital notes and debentures
Preferred stock..
_
Common stock
_
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for capital notes and debentures
Total capital accounts
Total liabilities and capital accounts.
743
250
1,250
2,243
1,166
500
758
743
743
1,250
2,008
1,075
447
1,250
1,993
1,100
488
1,250
1,993
1,160
498
253
3,783
268
304
330
3,849
3,955
4,239
36,349
36,609
37,700
40,490
182
181
209
222
18
13
13
13
57
257
57
251
83
305
318
150
150
149
149
146
146
158
"758
MEMORANDA
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
_
Total.
205927—40
204
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 34.—Assets and liabilities of trust companies in District of Columbia at
date of each call during year ended Oct. 81, 1989
[In thousands of dollars]
Dec. 31,
Mar. 29, June 30,
1939
1939
Oct. 2,
1939
5 banks
5 banks
5 banks
5 banks
34,770
4
34,426
8,006
1,130
7,413
1,129
15,070
2,726
15,443
7,305
3,202
34,795
5
30,962
7,135
1,083
7,556
1,129
19,999
3,063
13,944
7,282
3,187
35,246
3
30,111
7,334
1,106
7,697
1,129
14,217
2,499
14,711
7,238
2,894
36,282
3
29,249
7,502
1,505
7,074
1,125
18,957
2,824
16,294
7,199
2,866
1,955
1,955
1,955
1,955
374
137
264
216
319
148
290
133,090
132,575
126,607
133,308
58,983
47,101
2,002
2,284
110,870
68,219
47,161
59,265
47,137
2,180
884
109,466
62,279
47,187
54,039
45,735
2,391
1,294
103,469
67,674
46,785
60,948
46,798
2,240
541
110,627
68,679
46,848
ASSETS
Loans and discounts
Overdrafts...
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
_
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate.
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
LIABILITIES
Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Deposits of banks..
•Other deposits (certified and cashiers' checks, etc.)...
Total deposits . . .
_.
_
_
Demand deposits
_
Time deposits
/Interest, discount, rent, and other income collected but not
earned...
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
13
324
302
11
433
203
13
353
256
13
215
205
111,009
110,113
104,081
110,960
CAPITAL ACCOUNTS
•Capital stock:
Capital notes and debentures..._
Common stock
_
Total capital stock
Surplus
-.
-.
Undivided profits
Reserves and retirement account for capital notes and debentures.
Total capital accounts
Total liabilities and capital accounts
500
8,400
8,900
8,947
3,299
935
500
8,400
8,900
8,950
3,581
1,031
500
8,400
8,900
8,951
3,718
957
375
8,400
8,775
8,958
3,769
846
22,081
22,462
22, 526
22,348
133,090
132,575
126,607
133,308
3,339
3,337
MEMORANDA
iPledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
3,340
2,663
Total
i Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
_
Total
2,271
2,390
2,391
2,391
5,729
5,730
5,728
1,879
1,853
2,663
1,879
1,853
2,663
205
BEPOBT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 35.—Earnings and dividends of banks in the District
of Columbia, years
ending June 80, 1939, and 1938 l
[In thousands of dollars]
6 months ending Dec.
31, 1938
6 months ending June
30, 1939
5
June
5
rust sav- 22 9 na- rust
;ional com- ings total ;ional comanks pa- )anks )anks >anks panies
nies
ina-
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds,
stocks, and other securities
Collection charges, commissions,
fees, etc
._
.
Foreign department (except interest on foreign loans, investments, and bank balances)
Trust department
Service charges on deposit accounts
Rent received
Other current earnings 2
Total earnings from
operations
Year Year
ending nding
30,
June
30,
sav- 22
1939,
1938,
ings total
22
22
anks anks banks banks
,105
836
591
,532
,113
834
611
,558
5,090
5,113
942
776
67
,785
,027
737
62
,826
3,611
3,788
26
77
68
171
30
76
66
172
343
358
2
114
4
326
6
440
3
129
4
411
7
540
13
980
15
951
145
125
3
63
319
40
117
22
7
325
466
50
152
135
5
64
297
42
130
22
13
346
454
60
920
110
671
597
current
._ ,462
,441
872
,775
,594
,465
904
,963
11,738
11,788
701
Expenses:
Salaries and wages:
Officers
Employees other than officers.__
Number of officers 3
Number 4of employees other than
officers .
Fees paid to directors and members of executive, discount, and
advisory committees
Interest on time and savings deposits.. __
Real-estate taxes
Other taxes
Other expenses
Total current expenses
Net earnings
Recoveries, profits on securities sold,
etc.:
Recoveries on loans
_ __
Recoveries on bonds, stocks, and
other securities.
_
_.
Profits on securities sold
Allother
858
108
357
531
131
246
528
79
103 706
168 ,227
55 265
349
515
128
255
516
80
97
169
54
,200
262
1,407
2,427
262
1 372
2,348
264
695
730
254 ,679
731
738
285
,754
1,754
1,699
7
20
11
6
37
19
15
41
78
75
326
64
98
387
352
95
157
390
121
799
166
315
948
345
64
124
427
364
87
153
418
127
836
7
158
68
345
172 1,017
1,635
324
660
1,965
1,647
306
651
2,012
1,783
1,779
636 4,198
1,843
1,808
647 4,298
8,496
8,410
236 1,577
751
657
257 1,665
3,242
3,378
679
662
7
60
171
69
51
19
139
28
31
11
70
209
198
126
173
2
50
39
10
7
23
3
183
235
15
265
653
11
43
241
26
16
81
2
324
975
39
507
1,210
54
407
713
78
370
150
52
572
957
341
110 1,408
1,980
1,396
Total net earnings, recoveries,
1,049
etc
_._ I
812
288 2,149
1,708
998
367 3,073
5,222
4,774
Total
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
89
66
20
175
37
27
19
83
258
418
262
153
32
447
453
19
45
517
964
830
60
39
408
41
22
9
490
89
39
6
84
120
40
9
163
135
653
224
376
524
450
668
83 1,201
535
250
113
898
2,099
2,148
599
144
205
948 1,173
748
254 2,175
3,123
2,626
Interest and dividends:
On capital notes and debentures _
~~~24
On preferred stock .
On coTTiTnon staple
Total
See footnotes at end of table.
7
13
12
324
83
20
24 "~26
707
318
8
300
296
47
20
26
661
40
50
1,368
44
53
1,203
324
331
96
751
304
59
707
1,458
1,300
344
206
KEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 35.—Earnings and dividends of banks in the District of Columbia, years
ending June SO, 1939, and 1938—Continued
[In thousands of dollars]
6 months ending Dec.
31, 1938
5
9 na- trust
tional combanks panies
Loans 5
Investments 5
Total available5 7funds
Capital funds
6 months ending June
30, 1939
Year Year
ending ending
June
June
30,
30,
5
1939,
1938,
8 sav- 22 9 na- trust 8 sav- 22
22
22
ings total tional com- ings total
banks banks banks pa- banks banks banks banks
nies
100,778
134, 269
375,102
46, 222
56
_
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings
101, 372
136,043
363,572
45,109
Percent Percent
43.36
43.38
Total current earnings
Salaries, wages, and fees
Interest on deposits
All other current expenses..
30.76
5.72
20.16
32.13
5.06
19.43
100.00
100.00
33.33
13.93
25.12
32.19
13.97
25.18
Total current expenses .
72.38
71.34
Net current earnings
Net losses and depreciation,
less
profits on securities sold 8
.
27.62
28.66
-1.01
-6.38
26.61
22.28
Net profits
Ratios to loans:
Interest and discount on loans
Net losses (—) or recoveries (+)
on loans..
_Ratios to investments:
Interest and dividends on investments
Profits on securities sold
Net losses (—) or recoveries (+)
on investments
_ _ .
Ratios to total available funds:
Total current earnings
Net current earnings
Net profits
Ratios to capital funds:
Net current earnings
Net profits
Ratio of net profits to net earnings. _
=
5.05
5.04
-.05
-.22
2.69
.90
2.78
.52
-.34
-.31
3.13
.86
.83
3.24
.93
.72
7.01
6.76
96.33
7.49
5.82
77.74
1 Excludes the Export-Import Bank of Washington.
2 Includes interest on balances with other banks which in the period from July 1, 1926, to June 30, 1938,
was reported separately.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
« Figures for loans, investments, total available funds, and capital funds are averages of amounts from
reports of condition for 4 calls in 1938 (June to June) and 5 calls in 1939 (June to June).
s "Total available funds" comprise total deposits, borrowed money, and total capital accounts.
i Represents aggregate book value of capital stock, capital notes and debentures, surplus, undivided profits, reserves for dividends payable in common stock, reserves for other undeclared dividends, retirement
fund for capital notes and debentures, and reserves for contingencies, etc.
* Minus figures represent the excess of gross losses and depreciation over profits on securities sold and recoveries; plus figures, the opposite.
TABLE N O . 36.—Individual statements of assets and liabilities of the 26 building and loan associations in District of Columbia June 30, 1989
ASSETS
[Cents omitted]
Name of association
Loans on
real estate
Loans on
stock
pledged
Install- Real estate
Interest ment
on
(office
and fines stock
Bills Tedue building
due And and unceivable
and other)
unpaid
paid
$202,376
American
$10,987,682
124,150
Anacostia _.
__
353, 780
Broofcland
359,800
Citizens' Equitable
4,667,483
Columbia
1,776,174
Columbia Permanent
1,572,592
District
3,639,500
Eastern,
34,^08
Electric
7,120,531
Equitable Cooperative
1,632,122
Enterprise
860,433
Home
__ __ _
115,189
Home Loan and Savings- 182,499
Home Mutual _
2,408,963
Interstate
7,643
Kenil worth __
5,478,800
Metropolis
631,533
Mutual
9,610,039
National Permanent
1,347,600
Northeast
5,063,350
Northern Liberty
6,005,900
Oriental
45,732,665
Perpetual
291,261
Progressive
2,823,900
Prudential-_
9,385, 390
Washington Permanent
$57,874
2,393
7,378
84,912
59,639
122,213,387
516,318
94,146
Total
8,880
19,479
1,473
70
11,883
1, 111
91,205
11,554
10,473
619
$1,844
5,910
$7,109
$5,290
$4,850
26,934
2,795
2,942
935
1,781
United
Stock of
States
Taxes
Federal
Governand insurance Furniture ment obli- Home
gations, di- Loan
premiums
rect and
advanced
Bank
guaranteed
2,810
4,884
110,489
100
15,964
16,691
5,173
11,700
3,900
31,900
39,400
57,200
28,500
34,414
49,637
7,075
335
5,146
424
7,854
129,063
44,000
56,956
608,223
1,024
145,309
11,993
1,405,742
6,550
6,787
835
1,119
464
1,984
56
1,871
331
87
500
214
11,971
800
291
2,405
1,193
725
23, 557
40,904
2,171
1
80,000
948,500
6,091,155
19,780
5,000
11,925
40,000
16,900
15,000
40,000
22, 500
7,500
2,000
29,200
60,300
49,166
149,696
72,800
11,500
42,000
48,200
391,500
3,400
70,000
447,496
Total
$11,764,467
127,926
427,021
383,802
5,154,677
1,503
1,827,836
1,650,755
453
3,772,652
42,491
8,142,126
4,522
1,662,976
941,942
139,875
203,594
13,000
2,741,913
8,668
5,756,901
641,947
9,883,475
1,464,828
5,478,827
6,354,939
1 50,072,874
306,878
2,896,192
1
9,969,946
$94,400
19,900
2,900
Other
assets
$294,612
1,043
43,316
6,169
383,786
20, 529
58, 579
77,024
6,972
787,706
19,000
37,607
6,422
5,759
303,000
349
97,805
5,909
20,685
20,773
158,640
212,188
3,236,070
12,217
63,429
211, 566
$110,275
500
200
400
490
75
750
261
676
$11,958
40
175
Cash on
hand and
in banks
g
$300
g
g
O
H
W
o
131,819,528
•a
to
5
TABLE N O . 36.—Individual statements of assets and liabilities of the 26 building and loan associations in District of Columbia
June SO, 1989—Continued
LIABILITIES
[Cents omitted]
Name of association
A m«rir»q.n
Anacostia _
Brookland
Citizens' Equitable
Columbia.Columbia Permanent
District _
Eastern
Electric
Equitable Cooperative
Enterprise
Home _ .
Home Loan and Savings..
Home Mutual.
Interstate _
_ .
Kenilworth
Metropolis
Mutual
National Permanent
Northeast .
Northern Liberty
Oriental
Perpetual
Progressive
Prudential Washington Permanent-Total
Installment
dues paid
$10,246,578
120,003
413,125
170,926
4, 923,973
1, 699,613
1,402,322
2,828,582
40, 858
4,983,943
1,303,614
379,051
115, 514
187,971
1,883,922
2,490
5,069, 782
582,172
8,730,805
1,100,239
4,956,210
5,876,444
45,131,012
204,955
2,016,265
8,575,876
112,946,245
Installment
dues due
and
unpaid
Interest
due on
stock,
special
deposits,
etc.
Advance Advance
paystock
ments
Full-paid
stock
Interest
paid in
advance
Bills
payable
Matured
stock
$322,289
3,523
1,346
3,556
122,056
46,367
$200,000
4,400
$7,109
$34,361
$128,850
189
210,600
2,214,520
4,884
24,020
$290,600
213,600
10,247
4,773
50,689
537,300
591,649
1,100,375
75,000
425,000
30,000
21,000
$198,600
7,500
275,000
20,000
69,666
1,358 1,407,150
198,600
Surplus
Other
liabilities
s
Total
3
w
1,652,520
5,276
26,161
222,270
12,165
524
550,000
1,635
400,000
43,000
451,329
442, 501
2,500,000
3,844
128,500
700,000
35,994
789,342
19,030
137,277
471,800
$11,764,467
127,926
427,021
383,802
5,154,677
1,827,836
1,650,755
3, 772,652
42,491
8,142,126
1, 662,976
941,942
139,875
203,594
2, 741,913
8,668
5,756,901
641,947
9,883,475
1,464,828
5,478,827
6,354, 939
50,072,874
306,878
2,896,192
9,969,946
3,026,200
7,218,652
2,978,462
131,819,528
57,880
1,033
271,250
643
301,049
2,338,844
198
5,125
4,900
45
11,993
9,000
$517
Profits
44,562
44,195
3,361
14,443
47,636
709
82,019
40,393
212, 777
540
71,288
$900,000
$95,600
9,000
30,000
100,000
81,856
35,809
90,000
600
667,889
70,000
3,550
8,648
136,918
160,590
275,774
1,200
394
1,180
521,815
55,100
264,250
o
o
o
I
Q
REPORT OF THE COMPTROLLER OF THE CURRENCY
209
TABLE NO. 37.—Summary of assets and liabilities Dec. 81, 1988y and receipts
and disbursements in the 6 months ended Dec. 81, 1988, of the 26 building and
loan associations in the District of Columbia
[In thousands of dollars]
Assets
Loans on real estate
__Loans on stock pledged-_
_.
Interest due and unpaid
Installment on stock due and unpaid....
Real estate,
office building900
Other
. _ . . 687
Real estate sold on contract
Bills receivable
-..
Accounts receivable
_.
Insurance premiums advanced
Taxes advanced
Furniture
Cash
Stock of Federal Home Loan Bank.
U. S. Government obligations, direct
and fully guaranteed
.
Other assets
_
Amount
117,717
458
105
12
1,487
61
7
3
4
15
• 39
4,796
907
444
Liabilities
Installment dues paid in on stock.
Installment dues paid in advance.
Installment dues due and unpaid.
Interest due on installment stock.
Advance stock
Special payments
Full-paid stock
Interest due on full-paid stock
Interest paid in advance
Bills payable
Interest due on bills payable
Incomplete loans
Matured stock
Profit (divided)...
....
Profit (undivided)
Surplus
Other liabilities....
Total liabilities
Total assets
Amount
108,856
1
12
2,272
595
2
1,053
14
2
1,381
1
1,328
188
929
2,875
6,530
45
126,083
126,083
RECEIPTS AND DISBURSEMENTS FOR 6 MONTHS
Receipts
Cash
Installment dues received during 6
months
._
Advance stock
Full-paid stock.
_
Special deposits
Interest received during 6 months
Loans on real estate repaid
Loans on stock pledged repaid
...
Loans matured
Taxes repaid
Insurance premiums repaid
Real estate
Rents
_
Bills payable..
_
Bills receivableMatured stock
Commission on insurance
Other receipts
Amount
5,376
13,254
31
109
7
3,431
15,713
180
44
25
41
121
29
929
8
1
12
4,230
Disbursements
Loans on real estate..Loans on stock pledged
L
Installment dues withdrawn
Advance stock withdrawn.
_
._
Special deposits withdrawn
Special payments withdrawn
Full-paid stock withdrawn
Interest on full-paid stock withdrawn...
Interest or profit on stock withdrawn...
Bills payable
Interest on bills payable
Real estate
_ ...
Taxes advanced
Insurance premiums advanced.
Matured stock
Bills receivable
Dividends
__
Expenses:
General
233
Salaries
262
Stationery, postage, etc
21
Cash
Stock of Federal Home Loan Bank
Other disbursements
Total receipts
43,541
Total disbursements
NOTE.—Number of borrowing members, 32,759; nonborrowing, 100,562.
Amount
18,446
214
10,996
987
25
21
19
10
78
506
20
285
36
42
1
5
1,545
516
4,796
14
4,979
43,541
210
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 38.—Summary of assets and liabilities June 30, 1939, and receipts and
disbursements in the 6 months ended June 30», 1939, of the 26 building and loan
associations in the District of Columbia
[In thousand of dollars]
Amount
Loans on real estate..
Loans on stock pledged
Interest due and unpaid
Installment on stock due and unpaid-~
Real estate:
Office building...
874
Other
447
Real estate sold on contract
Bills receivable
Insurance premiums advanced
Taxes advanced-..__--._Furniture
Cash.
Stock of Federal Home Loan Bank
U. S. Government obligations, direct
and fully guaranteed
Other assets
Total assets
122,214
516
94
12
1,321
84
7
5
19
41
6,091
949
Liabilities
Installment dues paid in on stock
Installment dues due and unpaid,
interest due on installment stock.
Advance stock
1.
Special payments
Full-paid stock..
Interest due on full-paid stock
Interest paid in advance
Bills payable
Interest due on bills payable .....
Incomplete loans
Matured stock
Profit (divided).
Profit (undivided)
.-Surplus
Other liabilities
Amount
112,946
12
2,325
592
1
1,100
14
1
1,407
2,912
199
831
2,^85
7,219
65
447
20
131,820
Total liabilities
131,820
RECEIPTS AND DISBURSEMENTS FOR 6 MONTHS
Receipts
Cash
Installment dues received during 6
•months
Advance stock.
_
Full-paid stock
_
Special deposits
Interest received during 6 months
Loans on real estate repaid
Loans on stock pledged repaid
Loans matured_
Taxes repaid
Insurance premiums repaid
._
Real estate
Rents
Bills payable.._
Bills receivable
Matured stock
Commission on insurance
Other receipts
Amount
4,796
13,420
43
72
6
3,510
14,836
223
31
29
44
249
27
816
3
15
12
6,499
Disbursements
Loans on real estate
Loans on stock pledged
Installment dues withdrawn
Advance stock withdrawn _.
Special deposits withdrawn
Full-paid stock withdrawn
Interest on full-paid stock withdrawn...
Interest or profit on stock withdrawn...
Bills payable _ __
Interest on bills payable
Real estate
Taxes advanced
.
Insurance premiums advanced
Matured stock.
_
Dividends
.
__ .
Expenses:
General
231
Salaries
277
Stationery, postage, etc
15
Cash
Stock of FedertiJ Home L'dan Bank
Other disbursements
Total receipts
44,631
Total disbursements
NOTE.—Number of borrowing members, 33,604; nonborrowing, 102,740.
Amount
17,379
281
9,686
42
1
25
4
110
790
24
116
41
44
6
2,298
523
6,091
39
7,131
44,631
211
EEPOBT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 39.—Individual statements of assets and liabilities of the 24 District of
Columbia credit unions, June 30, 1939
ASSETS
[Cents omitted]
Name of credit union
Adjutant General's Office Employees'
Agricultural Employees'
Armour Washington
Credit Union of the Employees of
the Department of Labor
Department of Commerce
Educational Employees'
F. C. A. Employees'
F. E. U. No. 105
F. E. U. No. 261 . . _
F. E. U. Local 262
G. A. 0. Employees'
In-Com-Co
Navy Department Employees'.._
Navy Yard
Police
Post Office Department Employees'
__
_ __ __
Railway Mail Service
St. Anthony's Parish
_.
Standards __
Swift Employees'Uniformed Firemen's
Veterans' Administration Employees'
Washington Postal Employees. __
Western Union Employees'
Total
Loans
Invest- Deposits in
ments banks
Cash
on
hand
$719
2,608
560
$469
1,153
231
4,242
24, 839
5,034 12, 883
55,529
1,724
11, 659
70, 850 27, 458 1,376
17,678
688 2,347
222
16, 743
794
178, 246 4,793 2,368
3,213
64, 481
27, 819 21, 389 24, 446
4,352
59,200
1,612
1,623
73, 749 50,356
1,357
32, 035
879
1,762
$11,916
78,660 $l6,"076~
2,296
Real
estate
Furniture
Other
and
assets
fixtures
$18
117
5
26
56
300
519
3,454
6,000
155
456
300
52
67
291
Total
$13,122
92,614
3,087
$95
124
35
80
100
30,843
73,44613,478
100,332
20,739
17,850
185, 787
67,794
73,654
68, 77a
132,184
34,271
238
57,922
32,527
8,177
14,061
5,231
150,513
500
2,742
98
82
405
166
90,763
203,028
11, 733
1, 205, 291 173,933 102, 532 17, 215
2,712
246 1, 501,929
5,131
7,207
2,000
3,000
44, 955
24, 932
5,265
9,548
4,183
144, 805
4,100
7,245
336
912
1,369
1,048
1,370
73,105
161,931
10,867
7,513
21, 797
106
9,563
16,153
496
50
27
LIABILITIES
[Cents omitted]
Name of credit union
Adjutant General's Office E m ployees'
Agricultural Employees'
Armour Washington
Credit Union of the Employees
of the Department of Labor
Department of Commerce
_.
Educational Employees'
F C A Employees'
F. E U No 105
F. E. U. No. 261
F. E. U. Local 262
G. A. O. Employees'.__
Tn-CoTn-Co
Navy Department Employees'...
Navy Yard
Police
Post Office Department Employees'
Railway Mail Service
St. Anthony's Parish
Standards
Swift Employees'
Uniformed Firemen's
Veterans Administration E m ployees'
Washington Postal Employees'...
Western Union Employees'
Total
Shares
fully
paid
Shares BorDivi- Reserve
Undifund
install- rowed dends for
vided
bad profits
ment money unpaid debts
$12,030
82,590
2,728
$328
5,696
180
26, 950
64, 860
10, 410
91, 740
18, 575
15, 390
149, 510
63,190
68, 740
62, 470
113, 500
31, 000
2,081
3,585
323
2,614
367
3,088
937
2,034
2,005
8,784
123
52, 010
28, 975
6,812
12, 690
4,396
125, 290
1,818
83, 450
182,030
10,420
2,261
6,153
569
496
139
971
$3
$2,000
13, 500
58
500
11,000
1, 319, 756 44, 552 27,000
61
Other
liabilities
$13,122
92, 614
3,087
$365
928
87
$399
3,397
92
552
2,270
349
2,900
687
826
6,519
1,212
1,147
1,612
4,342
879
1,237
2,731
396
3,032
1,468
1,267
12, 814
2,455
1,732
2,686
5,500
2,269
1,035
2,307
469
390
31
5,154
3,001
1,245
400
769
304
8,098
58
1,986
8,306
300
3,018
6,539
400
48
44, 653 65, 249
Total
$23
46
9
356
1
73
44
30, 843
73,446
13,478
100, 332
20, 739
17, 850
185, 787
67,794
73,654
68, 773
132,184
34, 271
57,922
32, 527
8,177
14,061
5,231
150, 513
90, 763
203, 028
11, 733
658 1, 501,929
212
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 40.—Summary of assets and liabilities Dec. 31, 1938, and receipts and
disbursements in 6 months ended Dec. 31, 1938, of the 24 District of Columbia
credit unions
[Cents omitted]
Assets
Amount
Loans
Investments
Deposits in banks
Cash on hand
Furniture and fixtures
Other assets
Total assets
Liabilities
Amount
$1,045,912
130,498
113,027
13,495
2,391
496
Shares, fully paid
Shares, installment
Borrowed money
_
Dividends unpaid
.__
Reserve fund for bad debts
Undivided profits
Other liabilities
$1,131,346
43,021
13,200
8,530
38,951
70,515
256
1,305,819
Total liabilities
1,305,819
R E C E I P T S AND D I S B U R S E M E N T S FOR 6 M O N T H S
Receipts
Payments on shares
Loans repaid
Interest on loans.._
Interest on investments
Money borrowed—
Entrance fees _
Fines received...
Investments sold—
Other income _
_
Amount
_
_ -_
$299,625
850,064
54,690
2,692
9,400
606
582
4,208
3,611
Total receipts
_ 1,225, 478
94,288
Deposits in banks at beginning of period17,747
Cash on hand at beginning of period
Grand total
1,337,513
Disbursements
Shares withdrawn
Loans made
_ _ _ _ _
__ _
Dividends paid
Investments purchased
Borrowed money
__
Interest on borrowed money
General expenses
Salaries
Printing, stationery, postage, etc
Other disbursements_
$140,002
1,001,286
1
36,280
9,500
330
5,029
10,253
519
7,791
Total disbursements
Deposits in banks at end of period
Cash on hand at end of period
1,210,991
113,027
13,495
Grand total
NOTE.—Number of borrowing members, 9,420; nonborrowing, 6,478.
Amount
1,337,513
213
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 41.—Summary of assets and liabilities June 80, 1989, and receipts
and disbursements in 6 months ended June 80, 1989, of the 24 District of Columbia
credit unions
[Cents omitted]
Amount
Assets
Loans . . .
Investments
Deposits in banks.
Cash on hand
Furniture and fixtures
Other assets
-
_
Total assets
Amount
Liabilities
$1,205,291
173,933
102,532
17,215
2,712
246
Shares, fully paid.
Shares, installment
Borrowed money
_
Dividends unpaid
Reserve fund for bad debts
Undivided profits
Other liabilities
1,501,929
Total liabilities
_
$1,319,756
44,552
27,000
61
44,653
65,249
658
1,501,929
R E C E I P T S AND DISBURSEMENTS FOR 6 M O N T H S
Receipts
Payments on shares
Loans repaid
Interest on loans
Interest on investments
Money borrowed
Entrance fees . . _
Fines received.—
Investments sold
Other income
Amount
._
$432,348
962,364
61,086
1,577
21,500
740
516
7,068
5,227
1,492,426
Total receipts
_._
113,027
Deposits in banks at beginning of period13,495
Cash on hand at beginning of period
Grand total
1,618,948
Disbursements
Shares withdrawn
__
Loans made
Dividends paid
_
Investments purchased
Borrowed money
Interest on borrowed money
General expenses
Salaries
Printing, stationery, postage, etc
Other disbursements
T otal disbursements
Deposits in banks at end of period
Cash on hand at end of period..
Grand total..
NOTE.—Number of borrowing members, 10,225; nonborrowing, 7,807.
Amount
$242,407
1,123,218
50,832
50, 503
7,700
_
368
4,559
10,717
854
8,043
1,499,201
102,532
17,215
1,618,948
TABLE N O . 42.—Officials
of State banking departments and number of each class of active banks under their supervision in June 1939 from
which reports of condition were received
State (commercial)l
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Names of officials
Insured
Total
number
Nonof banks Members
Not
insured
Federal members
Federal
Reserve Reserve
System System
Titles
Bank commissioner
. __do
Clyde M. Davis. . .
Commissioner, department of banking and
Donald A. Hemenway
insurance.
William P. Husband, Jr.._ Commissioner of banks
Alexander ChmielewskL
Bank commissioner. _
Walter Perry
do
_
.__. .
Andrew J. Beck
Total New England
States.
New York
New Jersey
Pennsylvania
_ _
Delaware
_ .
Maryland. . __. .
District of Columbia
Total Eastern States
William R. White
Louis A. Reilly
R. W. Doty
Ernest Muncy.
John W. Downing
Virginia
West Virginia
North Carolina.__
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Milton R. Morgan
George Ward
_._ Gurney P. Hood
Edward A. Wayne
R. E. Gormley.
J M Lee
James B. Little
J.
Fair
J. C.
S. Brock.
Fred C. Branson
Texas
G. S. Jernigan
Arkansas
Hiram Wiihoit
Kentucky
Tennessee
__ H. B. Clark
Total Southern States.
Superintendent of banks
Commissioner of banking and insurance
Secretary of banking. _
fitat.fi hank nnmmissioner
Mutual savings
-
.
.
63
55
42
5
1
17
3
33
9
8
1
264
23
154
29
2
5
38
2
44
5
10
28
601
42
137
61
451
167
409
31
127
13
125
51
80
4
11
4
174
82
289
23
101
9
1,198
Commissioner of banking
do
_
Commissioner of banks
Chief bank examiner
-__
Superintendent of banks
Comptroller, State of Florida
Superintendent
State comptrollerof banks _ _
_
State bank commissioner
Commissioner, department of banking
Bank commissioner
Director, division of banking
_ Superintendent of banks
"
2, 512
l
6
8
Noninsured
Noninsured
26
43
192
9
73
4
14
343
4
9
9
15
2
3
4
13
2
9
1
18
2
130
11
5
2
10
275
678
38
21
158
28
28
18
9
4
155
77
169
2
8
8
41
4
105
125
169
108
279
152
264
213
9
8
11
1
63
8
41
9
2,097
227
185
103
186
131
118
149
181
116
398
167
318
228
Insured
Private
1
8
m
l
7
56
7
13
6
187
1
to
Ohio
Indiana
_
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States.
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
_
Oregon
California
Idaho
Utah
Nevada
Arizona.
Total Pacific States...
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions
Total United States
and possessions.
1
2
S. H. Squire
Ross H. Wallace. .
Edward J. Barrett
Alvan Macauley, JT
H. F. Ibach
F. A Amundson
D. W. Bates
R Waldo Holt
Superintendent of banks
Director, department offinancialinstitutions.
Auditor of Dublic accounts
Commissioner, State banking department
Commissioner, State banking comm ission
Acting commissioner of banks
Superintendent of 'banking
Commissioner of finance
J A Graham
Erling Haugo
B N Saunders
Elwood M. Brooks
W A Brown
A. E. Wilde
Maple T Harl
Woodlan P. Saunders
Linwood 0. Neal
State examiner
Superintendent of fcanks
Superintendent, department of banking
Bank commissioner
Superintendent of banks
State examiner
State bank commissioner
State bank examiner
George H. Jackson
Mark Skinner
E. W. Wilson
Griffith L. Jenkins
R. F. Starley
D. G La Rue
Lloyd Thomas
:
Supervisor of banking
Superintendent of banks
_;
CoTnmis«?i*oTier nt finance
do
Bank commissioner
Superintendent of banks
do..
Secretary, Territorial Banking Board
E S Smith
Bank examiner
Bank commissioner
Treasurer
386
82
20
357
330
6
3
1
3
1
1
10
2
874
477
491
539
546
35
56
439
447
64
46
3,808
441
3,099
226
21
109
102
218
254
10
1
59
223
1
14
119
124.
290 :
498>
13
20
24
434
220
429
443
182
12
5
8
46
23
47
13
160
1,400
112
972
315
100
48
138
32
46
15
76
6
7
15
10
20
3
27
7
1
2
37
86
20
26
366
70
70
32.
66
13
16
1
30
1
7
1
3
1
2
4
5
254
38
9
22
1
11
34 15
13
1
9
2
1
10
15
13
52
1
51
7,238
956
1
9,937
3
16
20
25
15
34
77
129
29
13
5
Oscar G. Olson
Includes trust companies and stock savings banks.
Branches of 2 American national banks.
461
4
1
1,127
3 Includes branch of an American national bank.
* Includes branches of American national banks.
49
503
64
TABLE N O . 43.—Assets and liabilities of all active banks in the United States and possessions} June 1989 (includes Nationaly State (commercial),
savings, and private banks) l
ASSETS
[In thousands of dollars]
Location
Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island
Connecticut
Total New England States..
New York
New Jersey
Pennsylvania
v Delaware
, Maryland
District of Columbia..
Total Eastern States..
Virginia
West Virginia—.
North CarolinaSouth C a r o l i n a Georgia
Florida....
AlabamaMississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Loans and
discounts
Number (including
of
redisbanks
counts
and
overdrafts)
Investments
Currency Balances
with
and
other
coin
banks»
Bank
premises
owned,
furniture
and
fixtures
Real
estate
owned
other
than
bank
premises
Interest,
Investments
commisand other Customers' sions,
rent,
assets inand
other Other
liability
directly rep- on acceptincome
resenting
or
bank prem- ances out- earned
accrued
ises or other standing
but
not
real estate
collected
102
107
84
390
35
207
108,871
103,514
85,069
1,724,467
171,183
573,988
199,059
166,115
71,532
1,829,298
574,676
6,114
3,125
2,633
151,187
8,036
20,531
925
2,767,092
3,124,572
191,626
1,146,784'
121,887
257,585
13,588
1,103
46
190
22
6,996,508
660,184
1,516,922
78,365
207,395
104,519
9,872,287
998,152
3,027,955
107,203
497,350
130,851
155,292
37,141
83,650
14,290
8,668
7,296,417
452,095
1,411,943
65,618
259, 272
106, 265
362,971
67,141
157,125
3,760
15,363
15,480
415,588
88,425
157,361
1,984
7,262
3,840
40,241
5,820
26,964
688
620
2,303
2,642
9,563,893
14,633,798
301,669
9,591,610
621,840
674,460
315
181
228
151
284
170
216
205
146
844
216
414
291,625
130,698
169,255
55,739
217,985
87,634
135,786
73,826
159,583
501,984
74,677
204,844
240,820
175,699
86,547
140,136
39,256
113,977
151,936
92,485
71,166
173,002
431,397
50,462
148,625
133,154
13,264
9,233
11,782
4,410
8,830
10,177
7,939
6,432
9,606
29,400
4,146
10,750
10,244
178, 616
97,180
155,506
54,594
157, 333
173, 404
95,703
60,215
192,958
646,217
67,921
157,639
181,268
17,314
8,923
8,983
2,595
13,904
9,212
6,953
4,882
9,336
36,839
3,269
9,841
15,781
6,087
6,756
2,795
845
5,622
2,340
5,215
97
902
2,344,356
1,807,842
136,213
2,218,554
147,832
55,486
15,976
61,453
36,295
23,810
730,124
66,815
228, 287
4,564
4,428
3,316
13,712
5,197
8,200
13,878
165,999
6,663
57,648
2,199
2,501
7,859
1,590
694
76
82
Total
146
5
271
3,795
1,066
707
320
411
13,050
754
8,525
8,326
5,990
23,446
7,660,896
92,114
264
5,243
64,124
119
27
84,886
7,145
12,096
346
1,102
443
27, 747
74
971
317
25,380,428
2,320,675
6,427,006
260,666
1,003,744
372,713
76,636
97,767
106,018
97,541
35,765,232
2,074
1,261
29
20
779
188
1,038
96
871
691
824
61
1,471
572
232
636
717
1,803
1,017
1,259
404
938
846
1,205
1,146
6,b50
1,685
380
7,120
1,246
687,181
341.803
490.804
157,944
519,707
438,107
348,873
220,050
559,147
1,661,158
202,743
544, 576
589,420
8,176 25,699
6,761,513
6,039
6,433
264
1,862
1,123
119
3,482
7,625
670
31
21
184
5
166
4
558
307
1,379
322,078
201,002
4,697,623
559,224
1,494,485
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
._ _
_
Total Middle Western States.
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
_
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions).
Alaska
Canal Zone (Panama).
Guam
The Territory of Hawaii
Philippines
Puerto Rico
Virgin Islands of the United StatesTotal possessions
Total United States and possessions
705
512
855
456
582
683
648
636
844,416
283,065
931,326
394,914
257, 536
317,864
317,106
445,141
1,018,478
395,766
2,083,514
726,409
450,828
412,107
200,546
590,178
58,618
24,805
62,050
34,006
19,000
14,180
15,568
23,398
750,821
286,068
1,710,296
489,949
275,872
311,506
161,156
583,471
60,082
20,485
46,387
25,562
19, 382
13,955
11,151
17,323
29,184
9,221
12,888
4,891
6,393
3,183
1,775
10,685
11,105
919
3,048
1,533
899
4,669
874
1,657
854
37
2,363
21
22
170
20
418
5,077
3,791,368
5,877,826
251,625
4,569,139
214,327
24,704
3,905
2,778,932
1,022,317
4,874,342
1,683,105
1,033, 521
1,082,767
708,981
1,678,359
23,360 27,850
242~
207
309
193
514
690
204
696
366
113
33
39
444
210
4
10
396
531
14,862,324
169
166
426
680
113
58
144
41
396
24,416
38,100
120,442
146,864
32,361
25,198
84,049
21,763
147,950
29,093
32,201
111, 113
132,272
56,495
17,085
110,112
19,738
141,509
1,661
2,036
4,860
7,242
3,259
1,969
6,713
1,875
7,127
20,375
25,905
106, 599
157,215
55,426
26,720
154,436
20,196
208,219
2,677
2,547
7,088
9,335
3,266
1,095
4,143
1,069
10,021
78,220
950~
508
646
1,774
301
85
634
103
253
2,193
641,143
649,618
36,742
775,091
41,241
5,254
1,258
65
2,512
2,689
2,155,613
146
75
229
50
59
11
12
196,098
96,061
1,789,889
28,725
58,468
11,503
31,013
208,664
129,787
1,733,241
38,024
50,620
15,230
29,982
11,073
6,023
51,496
2,685
2,101
1,138
2,586
168,994
88,068
850,054
30, 573
53,409
11,268
28,204
9,267
7,038
94,911
1,727
2,078
768
1,758
1,095
641
34,486
73
358
27
603
7
31
33,004
6
2,256
331
116
7,231
686
818
9,934
5
116
181
1,022
238
7,030
255
174
52
269
597,237
328,821
4,611,276
102,073
169,464
40,102
94, 748
11,740
1
105
14
241
183
232
5
482
60
152
582
2,211,757
2,205,548
77,102
1,230, 570
117, 547
37, 283
35, 456
7,678
15,088
21,319,609
28,299,204
994,977
19, 531,748
1,264,674
1,108,288
167,618
119,120
13
2
1
12
15
13
1
1
6,676
276
267
49,163
111, 431
28,180
43
634
5,596
656
225
54,127
21,960
3,474
94
432
1,374
661
27
7,528
31,297
6,372
9
163
4, 586
373
27
20,741
21, 745
4,551
31
386
353
72
3
3,630
2,328
977
1
12
3
1,107
2,258
815
9
4
58
196,670
15,146
21,516,279
221
12
9,040
5,943,721
73,149,299
295
7,301
12
368
17,396
26,175
2
18,952
9,267
568
136,899
208,937
75, 565
189
1,646
51, 549
452,021
158,159 237,814
73,601,320
55
232
4,912
363
52,440
7,304
4,268
233
5,199
28,385,768 1,042,408
19,584,188
1,271,978
1,112, 556
167,851
124,319
79,622
101,904
351,966
455,843
151,587
72,407
360,978
64,758
516, 548
157,796 186,265
2
180
69
97
2
13
47,431
86,564
* Includes also loan and trust companies and stock savings banks,
s Includes reserve balances and cash items in process of collection.
2,041
1,077
12,825
2,838
2,230
2,995
240
3,604
3,333
874
9,645
2,982
1,359
2,138
545
2,484
fcO
TABLE NO. 43.—Assets and liabilities of alt active banks in the United States and possessions, June 1939 (includes National, State (commercial),
savings, and private banks)—Continued
LIABILITIES
00
[In thousands'of dollars]
Location
Maine
New HampshireVermont
Massachusetts _ _ _
Rhode Island
Connecticut
Total New England
States
.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia-
Demand
deposits
82,216
50,689
28,637
1, 549,624
136,887
371,941
2,219,994
13,982,241
773,155
2,858,655
129, 263
458, 708
206,577
Total Eastern States.. 18,408,599
Time deposits (including
postal
savings)
'Other
deposits i
249, 515
229,045
136, 481
2, 553, 513
340, 278
930, 392
1,861
1,799
740
28,846
2,294
4,439, 224
43, 770
Total Southern States.
333, 592
281, 533
165,858
4,131,983
479,459
1,810,563
Surplus
235
142
235
4,159
3,731
1,901
319
159
344
8,812
769
1,406
18, 995
7, 396
20,882
113, 684
20,897
45,432
8,935
20,916
4,203
265,354
46, 232
82, 870
12, 580
10,093
3,683
135, 203
5,329
37,468
10,403
•11,809
227, 286
111
22
67
2,791
648
663
11, 446
1,541
5,634
26, 314
1,456
13,647
9,422
4,302
119
27
14, 718
3,071
3,390
169
746
420
27, 281 245,183
2,379
3,487
13,136 13, 510
317
302
857
1,132
711
613
22, 514
44,681
200
1,619
167
1,734
362
442
134
690
752
145
590
1, 271
1,036
460
' 971
87
496
271
357
286
738
2,494
163
723
629
1,632
219
807
247
1,276
390
195
297
1,027
1,130
160
7,956
. 429
44,871
26, 649
25,637
9,460
33, 325
22,845
28, 465
16, 293
25, 728
97,142
13,652
86,957
36, 790
25,647
15,453
17,266
4,683
18,325
13,601
12,449
7,495
14,184
50, 662
6,107
23, 712
16,543
10, 329
5,781
7,988
2,553
8,267
4,335
5,314
2,022
7,228
27,064
4,412
7,485
10,189
4,977
3,4)15
4,196
904
4,036
2,793
2,800
1,606
3,934
8,991
1,217
2,956
8,711
15,765
417,814
226,127
102,967
44,521
1, 594
188
2,443
125
406
558, 232 30,^991. 366
13,081
••
Capital
stock 2
Reserves
and retirement
account
for preUnferred
divided
profits stock and
capital
notes and
debentures
8,688
703
31
9,685
2,128
1,268
2, 974
428, 510 204, 356
60,038
304,462 1,653,168 217,084
130,070
87,533 23,402
318,171 469,082 96, 257
11, 955
21, 969
6,654
37, 231 .39, 392 24,128
19,723
16,126
9,317
201, 272
21,807
88, 916
6,644
5,942
2,095
264,227 1, 321,612 2, 287,270 376,842
326,676
• *
312,134
164,654
307,048
104,955
329, 507
303,658
196, 531
123, 356
388,843
1, 221,708
129,014
306, 528
345,107
277, 824
122,362
116, 924
33,566
119,276
86,843
100,1S2
67,886
113,480
234,081
46,488
147,189
171,725
6,657
2,651
7,654
1.145
2 557
2,831
1,688
583
2,482
16,108
1,096
10,089
3,456
596,115
289,667
431,626
139,666
451,340
393,332
298, 371
491,825
504.805
1, 471,89-7
176, 548
463.806
-520, 288
4,233,043
1,637,246
58,997
5,929,286
316
Interest, Interest,
discount, taxes,
and
rent, and
other
Other
other
expenses
income accrued liabilities
collected and unbut not
paid
earned
188
635
6,702,988
12,024, 535
Acceptances
executed
by or for
account
of reporting bank
and outstanding
271
276
7,;615,191 499, 985 22,097,417
1, 257,582 15, 672 2,046, 409
2,526,830 31,521 5,417,006
2,199
212, 656
81,194
2,834
894,197
432, 655
6,021
323,681
111, 083
- • -
Virginia
West V i r g i n i a North Carolina.
South Carolina,.
Georgia
Florida
Alabama
Mississippi
Louisiana
-Texas
Arkansas
Kentucky
Tennessee
Total
deposits
Bills
Mortpayable,
redisor other
counts, liens on
and
bank
•other
premises
liabiliand on
ties for
other
borrowed
real
money
estate
558
356
673
170
719
173
310
88
42
706
369
353
112
4,629
21
5
4
21
11
7
184
5
166
4
750
309
2
36
73
56
1,575
10,062
Ohio
Indiana
_
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
I
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas.
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States.
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States...
Total United States
(exclusive of possessions)
1,118, 919
339,308
1,066,049
652, 879
437,450
395,493
225, 854
305,498
2,459,618
911,807
4,432,866
1, 523,056
916,238
969,376
637,695
1,501,360
101
2
48
179
24
70
155
34
96
4,829
8, 697,833
4, 541,450 112, 733 13, 352,016
5,289
19,129
8,296
35,083
13, 321
9,519
12,045
6,008
9,332
276
4,214
14, 335
21, 705
26,547
60
74
86
190
342
106
77
174
16
354
106
116
245
214
165
13
985
2
493
34
15
113
234
40
124
40
27
267
5, 747 I 3,201
536
872
6,171
8,776
2,117
1,531
1,354
850
3,879
1,947
851
237
8,438
1,745
179,602
56,919
204,504
87,309
72,910
53, 372
36,626
86, 361
82,053
29,463
108,490
35,679
20,620
33, 517
18,337
38,887
28,306
14,900
61, 262
19, 207
14,377
12, 791
9,912
27,141
17,040
r6,951
46,745
11,531
6,828
4,502
4,763
7,037
777, 603
367,046
187, 896
105, 397
6, 921
8,078
22, 303
29, 874
8,813
4,055
14, 266
2,875
28,580
2,553
2,147
10,609
15,359
3,875
2,569
11,175
1,588
16,499
791
1,582
4,208
8,094
2,319
1,278
6,057
451
9,315
243
581
2,551
1,307
676
365
3,030
437
2,023
731
858
3,034
3,183
1,557
404
4,338
753
5,893
68,900
89, 201
311, 537
400,018
135, 577
63, 866
325,162
59, 322
458,921
5
210
385
16
60
84
40
31
93
1, 433, 767
457,986
114
65
1, 419
2,339
894
125, 765
66, 374
34,095
11, 213
1,029
525
10, 276
80
107
92
375
615
422
5, 939
134
141
33
202
889
182
35, 517
35
454
238
274
26, 954
11,958
203, 535
5,102
10,299
1,185
3,606
15,027
7,668
128, 327
2,145
4,891
811
2,322
7,757
4,978
59,237
1,824
3,125
949
906
3,996
2,581
26, 580
1,027
1,300
97
554
7,486
37,589
262,639
161,191
78, 776
36,135
95, 325 356, 831 3,132, 719 3, 536, 518 984, 932
583,980
16
5
5
20, 751
1, 912, 504
831
311,192
174, 544
1,788, 622
62, 068
87, 413
21,893
55, 332
225, 570
3,818
123,032
2,815
2, 297, 323 46,714
587
29, 066
1,078
60, 641
531
14, 273
948
30, 229
540, 580
300, 391
4,132,659
91,721
149,132
36, 697
86, 509
52
869
5
15
5
338
116
8,332
2, 501, 064
2, 780,134
56,491
5, 337, 689
941
5
8,786
12, 484
3,613
138, 051
65,116
7,252
2,612
330
62, 483
73,119
26,421
97
458
955
171,910
173, 269
198
29
1
1,103
2,730
1,605
16, 788
9,030
390
115, 386
148, 506
59,175
157
5,666
350, 845
26, 365
13
57
58
118
126
359
26, 724
i Certified and cashiers' checks (including dividend checks), letters of credit and
travelers' checks sold for cash, and amounts due to reserve agents (transit account).
8
224
15
337
30, 066
4,765
800
25
9,280
13, 628
3,469
25
705
473
35
6,383
7,234
808
4
34
1,595
1,174
356
3
178
10
3,588
4,977
' 1,051
12
55
232
5,469
17
2,116
45
194
886
289
3
6
150
19
15
40
18
5,756
2,178
1,385
35,421
27, 377
15,188
3,650
9,844
3,631
143,807
67, 294
96, 710 392, 252 3,160,096 3,551,706
988, 582
593, 824
6
1,413
37, 666, 210 26, 053, 844 856, 640 64, 576, 694
2,382
760
2,704
2,475
319
3,164
443
2,088
28, 820
28, 396
63,091
79, 548
41,495
22,250
93,205
12,255
88,926
9,338
6,389
59
51, 800
72,657
31,149
60
Total possessions
3
15
9
858
37
2, 621
21
22
170
21
464
39, 349
59, 947
245, 412
317, 287
92, 525
41, 212
227, 619
46, 314
364,102
37, 494, 300 25, 880, 575 850, 974 64,225,849
Alaska
__
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa—
Virgin Islands of the United
States
_.
Total United States
and possessions
1, 321, 570
564, 203
3, 331,734
856,856
469, 269
561, 838
405,833
1,186, 530
»Includes capital notes and debentures. (See classification on pp. 225 to 227.)
TABLE NO. 43.—Assets and liabilities of all active banks in the United States and possessions, June 19S9 {includes National, State {commercial),
savings, and private banks)—Continued
[In thousands of dollars]
Loans and discounts
Commercial and
industrial
loans
Location
Maine
New Hampshire.
Vermont
Massachusetts
Khode Island
Connecticut
26,725
353
332
7,398
2,853
6,938
46,285
14,461
14,130
1,836
1
20
99,421
28,223
49, 244
22,778
1,697,494
92,065
2,076
335,043
170
29,080
6,139
17,284
416
4,110
147,944
15,835
40,492
1,997
4,287
655
593,384
4,960
33,102
4,900
1,869
537
333,604
19,179
98,190
7,464
13,225
2,425
16,159
3,225, 040
267, 226
26,015
3,808
10,562
94
24,164
46,447
30, 278
152,545
79,482
105,762
2,501
33,420
11,512
41,297
96
2,737
1,362
96
713, 636
155,333
404, 010
17,366
54,824
34,474
8,947
41
300
12
15
22
2,354,856
57,029
211,210
638,752
474,087
61,331
3,946,838
385,222
45,588
1,379,643
9,337
76,990
31,864
53,353
17,629
78, 055
32,990
37,801
11,594
56,978
199,264
12,125
51,815
67,259
12,372
2,739
12,784
11,075
32,533
3,578
36,733
1,238
359
1,221
378
1,967
2,967
1,905
562
2,161
5,155
600
1,371
2,866
6,311
8,101
9,735
1,205
7,898
1,911
1,748
1,235
3,026
17,558
732
6,861
8,343
16,823
5,379
8,998
1,810
7,165
2,593
4,810
9,071
6,735
10,853
3,823
23,424
11,650
44,792
30,587
12,667
4,103
11,614
11,012
6,402
11,692
19,360
5,010
29,202
16,869
15,290
10,742
8,872
1,967
7,412
6,064
7,323
4,567
9,220
15,478
2,943
11,423
7,573
112,607
25,084
115,443
31,261
14,297
49,965
4,759
1,984
4,206
110
227
1,604
2,417
246
1,023
3,000
397
5,887
2,162
45
1,579
86
982
436
242
110
106
500
36
1,086
361
17,339
60,614
23,855
31,720
19,677
43,399
114,492
17,686
59,349
73,639
55
29
12
37
199
22
75
769
159
881
64
129
133
727,717
367,557
28,022
22,750
74664
113,134
224,243
108,874
5,857
668,974
2,564
431,375
Total Eastern States
Total Southern States
Overdrafts
42,771
65,348
34,515
1,074,894
83,671
396,295
Total New England States.
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida..
Alabama.
Mississippi
Louisiana
Texas
Arkansas
Kentucky
_
Tennessee
All other
loans
2,068
684
16,174
1,308
951
1,593
_.
New York
New Jersey
Pennsylvania.
Delaware
Maryland
District of Columbia
Real-estate loans
Other loans
for the purLoans to pose of purbrokers and chasing or
Loans to
dealers in
On residen- On other
banks
carrying
farm tial
securities stocks, bonds, On
properproperties
land
and other
securities
3,221
1,551
2,245
21,053
4,285
16,889
24,712
11,296
11,674
281, 722
33,895
68, 076
-.
Agricultural loans
Openmarket
paper
1,734,872
107,200
435, 347
14,375
38,540
24,522
1,961
951
2,597
2,060
89
1,545
3,851
3,042
248
73,592
6,622
12,066
514
176
43
22,193
17,452
10,661
194,876
6
1
11
116
63,012
Ohio .
Indiana
Illinois
Michigan
Wisconsin
Minnesota __
Iowa
Missouri __ _
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
_
Total Western States
Washington. - _
Oregon
California
Idaho
Utah
Nevada
Arizona
- _Total Pacific States . . .
Total United States (exclusive of possessions)
Alaska
_
_
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
_.
Puerto Rico
_
American Samoa
Virgin Islands of the United States
Total possessions
Total United States and possessions. _
195,452
66,053
415,304
95,509
88,948
92,345
52,042
151,902
25,821
27, 254
97,821
17, 574
21,363
53,318
124, 797
65,186
6,464
10,985
36, 083
8,354
6,041
5,313
9,039
11, 327
10,521
556
40,060
4,138
520
955
1,377
5,125
28,758
5,368
85,933
19,358
8,458
8,839
1,973
15,656
39,341
25,109
23,420
14, 205
23,541
18,777
46,873
22,140
239,189
71,822
71,611
106,891
42,661
35,648
28,273
56,709
58,393
18,215
16,422
29,688
18,686
5,629
7,942
24,235
3,618
644
354
129
785
246
345
2,182
236,754
57,020
144,015
98,992
46,435
96,618
44,341
90,490
1,157,555
433,134
93, 606
63,252
174,343
213,406
652,804
179,210
8,303
814,665
1,090
1,882
3,424
3,302
10,940
2,327
2,438
8,522
2,471
6,667
819
1,733
1,924
2,595
931
558
3,340
919
2,821
2
44
135
349
7
4,994
5,921
17,222
26,248
5,481
3,872
15,223
3,817
32,689
23
34
75
155
41
27
36
16
507
4,847
5,474
27,043
32,741
5,820
3,206
27,017
5,917
59,635
9,131
17,760
55,519
52, 255
12,078
13,392
20,438
6,993
34,457
888
1,026
4,319
5,300
2,529
133
2,263
855
4,262
230
688
2,127
1,677
2,067
563
3,245
316
2,512
11
586
593
17
12
1,381
829
1,600
1,985
8,190
14,011
1,070
990
2,488
459
3,971
7
96
105
39
303
76
98
176
104
189
100
171, 700
222,023
21,575
3,429
13,425
34,764
41,973
15, 640
640
115,467
78,725
31,579
357, 673
4,992
13,811
1,716
5,490
14,879
11,555
89,848
9,504
9,056
1,449
8,959
3,692
505
13,928
1,091
1,421
23
505
1,414
754
13,485
2
841
5,210
2,478
104, 222
1,251
2,863
378
1,008
43,557
10,082
601,965
3,702
12,195
3,227
5,820
7,073
5,509
251,880
1,942
6,895
1,600
1,569
83
45
446
10
26
4,481
986
56,156
661
1,538
339
791
36,786
32,472
298,180
5,505
9,748
2,745
6,825
198
96
2,106
65
100
26
20
145, 250
= = = = =
1, 234,196
5,337,189
21,165
16, 522
64,952
117,410
680,548
276,468
584
392,261
2,611
474,999
772,928
850,715
562,823
7,243,900
1,057,479
63,048
3,706,053
16,279
2,021
167
70
17,321
10,155
435
6
195
20
2
1,102
1,010
744
10
3,090
226
64
16,991
63,643
4,746
32
37
16,942
30,203
3,105
10
88,829
40
579,765
7,274,103
1,060,584
63,058
3,794,882
16,319
493,986
1,250
47
10
11,617
20, 556
11, 653
2
195
45,330
5,382,519
171
41
7,688
12
7,912
1, 242,108
110
1
119
1,613
632
102
3
18
110
539
128
480
444
4
92
14,375
2,368
103
2,580
477,579
649
773,577
i
1,070
851,785
82
18
to
ISO
TABLE N O . 43.—Assets and liabilities of all active banks in the United States and possessions, June 1939 {includes National, State (commercial),
savings, and private banks)—Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government
U. S.
Government
direct
obligations
Location
Maine
New Hampshire
Vermont
Massachusetts.
Rhode Island
Connecticut _
-
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
.-
Total Eastern States-
Other
ReconFed- Govstruc- Home
eral
erntion Owners' Farm ment
FiMortcorpoLoan
nance Corpora- gage rations
CorCorpo- and
tion
poraration agention
cies
90, 667
41,588
28, 543
1,060, 731
139,797
246,224
787
544
463
22,011
5,465
5,048
1, 607, 550
34,318
g
3
Other bonds, notes, and debentures
Obligations of
States
and political
subdivisions (including
warrants)
6,508
8,202
2,957
31,751
9,876
21,292
2,904
8,095
2,329
8,714
3,879
6,546
316
124
361
17,379
3,069
4,526
11,894
11,249
7,268
145, 996
8,436
65,311
80,586
32,467
25,775
U. S. Government corporations and agencies, not
guaranteed by United
States
Federal
land
banks
340
3,096
210
1,751
176
432
Other domestic corporations
/< /r
Federal
intermediate
credit
banks
Other
Government
corporations and
agencies
105
6,544
185
80
182
2,858
709
1,185
22,843
29,073
6,145
258, 223
26,046
76, 767
1,668
Railroads
Foreignpublic
and
private
Public
utilities
Industrials
other
37,162
33,916
12,536
169,600
41, 341
64, 310
5,680
3,193
2,059
17, 582
5,415
4,785
6,955
2,098
1,002
8,257
1,440
1,626
All
Stocks
of Federal Reserve
banks
and
other
domestic corporations
5,062
8,356
3,135
7,628
2,925
32,698
7,672
16,488
4,128
69,804
35,144
42,258
H
Stocks
of foreign
corporations
250,154
6,005
8,317
5,199
419,097
358,865
38, 714
21,378
59,804
175,494
849
12,947
3,254
12,968
147
7,381
2,890
81, 962
919
902
62,694
11,266
8,377
57
3,229
4,429
513,475
106, 596
386,120
16,396
46,345
3,926
305,160 162,772
84, 698 35,191
303, 598 164,486
21,184
5,115
34, 3T52 14,612
4,651
2,143
63,947
17,292
44,973
1,568
4,265
809
81, 782 225,988
6,585
25,155
38, 878 112, 212
1,682 ,
4,352
5,171
6,970
1,077
1,831
7,324
395
666
8,012,812 466,660 1,044,940 277,102 160,704 1,593,301
39,587
84,798
1,015
90,052 1,072,858
753,643 384,319 132,854
135,175
376, 508
O
w
8
84
13
109
469
174
757,436 215,147 137,850 1,114,361
7,245
141,676
80, 247 13,384
305,367
164,158 39,672 11,095
1,827
12,870
958
6,327
1,622
16, 754
6,136
16, 976
1,065
2,273
1,755
19,796
5,702,390 427,052
448, 272 15,977
1,416,892 17, 591
33,876
844
331,072
1,301
80,310
3,895
to
99
1
8,485
w
g
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
89,509
35, 724
49,958
_.„
_._
Total Southern States.
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
54,390
73,207
28, 399
11,215
71,952
216,261
15, 872
69,142
49, 236
2,105
939
2,131
.—lfiu.
1,737
680
879
129
6,640
8,821
236
1,494
1,223
779, 536 27,029
489,124 24, 399
220, 045 8,052
1, 307, 778 101,672
379, 243 6,597
213,136 3,916
218,051
3,370
82, 059 1,886
300, 623 9,654
16,587
8,810
19,375
6,645
4,941
1,694
1,027
6,028
3,613
3,337
773
1,156
2,827
1,370
7,199
2,224
4,649
3,439
759
668
2,907
1,751
1,795
418
713
4,088
1,196
9,617
2,483
7,242
4,753
973
179
1,909
3,029
3,191
290
991
7,627
1,161
7,551
4,912
2,803
854
1,123
237
607
705
776
853
1,259
3,645
655
2,313
1,541
16,057
8,636
14, 319
42,834
34,483
43,808
17,371
26, 592 17, 434
10, 688 3,034
26, 303 23, 764
38, 317 12, 237
9,363 2,082
14,213 7,467
9,636 2,706
24, 207 7,715
166,370 19,080
53,235 4,095
266, 610 14, 218
101,448 1,165
963
51,950
66,394 3,334
59,876 2,171
97,390 5,481
3,073
938
11,412
9,486
10
1,105
4
2,502
5,033
1,648
10,033
9,257
1,137
858
815
7,545
47, 764
19,059
53, 370
22,417
32, 735
13,985
7,064
13, 230
37, 792
21,452
79, 559
22,867
47,046
7,540
6,374
13, 805
38,493 36, 796
13, 295 4,999
68, 093 6,694
18,838 3,409
47, 554 4,811
12,061 33, 505
6,674 4,510
14, 880 4,608
159,319 76,439
2,260
146
1,596
281
7,725
679
7,932 1,640
1,977
315
983
296
3,038 2,236
1,013
60
8,253 2,076
863, 273 50,507
186
6,787
404
12,250
22, 632 2,554
35, 990 1,320
9,446
818
3,794
64
16,669 1,025
4,539
602
64,253 1,754
28, 530
36,326
15
58
1,392
674
120
10
213
30
833
209, 624
879
917
2,767
779
1,532
449
4,874
68
952
236,435 219,888
959
741
695
613
1,712 3,231
869
1,278
1,328 1,700
296
336
3,938
4,481
107
160
1,682
1,021
3, 345
886
178
6,503
84
50
35
50
7,786
13, 217
3,588
2,030
29,987
590
748
360
612
37,915
11, 670 13,477
3,575 2,499
1,167
2,931
31, 307 19,130
354
530
921
1,502
151
275
615
820
40,940 24,837
8,357
18,323 12,346
5,836 5, 826'
2,469
817
19,988 1,121
39,003 9,413
3,424
852
9,752 7,049
10, 346 1,521
1,867
781
352
^m
914
1,018
819
476
3,649
8,620
1,117
2,193
2,632
164, 503 61, 587 24, 543
83,024
27,688
63,199
92,039
26,644
24,932
14, 664
50,600
Total Middle Western States
3, 210,059 159, 546 382, 790
North Dakota
14,097
57
2,372
South Dakota
13, 405
190
1,286
Nebraska
59,245
1,014
5,212
Kansas
61,447 4,019
11,556
Montana
34,938
128
2,741
Wyoming
9,399
156
789
Colorado
62, 575 3,253
3,539
New Mexico
10, 555
482
1,624
48,667 2,993
Oklahoma.
6,982
Total Western
States
314, 328 12, 292
36,101
Washington
125,882 3,103
9,723
Oregon
77, 018 3,521
11,059
California
982,439 15, 722 161,570
19, 632
27
Idaho
4,099
26, 245
656
Utah
6,128
7,839
4
Nevada
1,692
13,668
649
Arizona
5,411
Total Pacific States. 1,252, 723 23, 682 199,682
Total United States
(exclusive of possessions)
15,177,008 723, 527 1,908,602
969
477
1,595
398
2,113
226
2,540
1,835
601
69
626
1,874
314
1,217
911
5,599
3,548
6,440
34, 777 7,729
11,038 1,457
8,160 3,449
32,846 7,350
2,649 1,328
2,891
304
1,508
24
675
95
59, 767 14,007
28,201
16,347
51,263
17,305
23,636
31,625
38,485
52, 576
60, 983
114,475
23,119
24,872
49,179
2,354
1,301
1,877
559
324
1,215
242
220
41
4,296
323
2,337
968
532,066
176,360
32,764
18,223
391, 656
8,109
9,664
3,039
4,977
468,432
8,727
879
120
4,098
171
114
29
221
5,632
1,055
27
4
1,172
1,040
988
2,894
552
2,999
50
885
45
4,531
1,085
6,217
402
1,273
8,977
625,019 309,197 3,883,586 126, 515 143,789
982
655
58
74
385
356
336
101
561
569
239
704
560
4,504
4,030
2,016
610
3,362
1,193
1,957
758
2,305
6,982
584
2,216
4,938
5,580 35,455
2
1
6
2
19
2
3
35
8,624
2,795
19,167
5,772
6,427
3,167
1,208
4,930
14, 869
4,737
31, 612
3,317
3,054
2,122
899
33,001
11
6
30
99,332
150
151
777
137
83
126
750
165
432
52,090
230
150
870
412
1,013
175
1,855
79
363
93,611
212
205
751
1,220
356
162
781
254
1,203
57
2
2,771
9,383
1,020
13, 668
111
282
212
519
25,195
5,147
1,276
304
9,642
164
64
5,144
1,484
607
20,932
176
647
62
171
24,079
2
42
218
269,472 710,291
9,646
157,027 1,795,545 1,436,036 725,043 298,901
226
11,676
3
7
174
2
TABLE NO. 43.—Assets and liabilities of all active banks in the United States and possessions, June 1939 (includes National, State (commercial),
savings, and private banks)—Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government
Location
U. S.
Government
direct
obligations
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii..
Philippines . _
Puerto Rico
American Samoa
Virgin Islands of the
United States
225
33,896
7,386
2,085
45
Total possessions _..
46,308
2,671
Other bonds, notes, and debentures
Obligations of U. S. Government corporations and agencies, not
States
Other and
guaranteed by United
ReconpoGovFedStates
struclitical
erneral
Home
tion
subdiviOwners' Farm ment sions
Fi(inMort- corpo- cluding
Loan
Other
nance Corporagage rations
Federal GovernCorwarand
Corpointertion
porarants) Federal
ment
agenration
mediate
land
tion
corporacies
banks credit tions
and
banks agencies
8
12
1
571
All
other
73
317
154
2,014
68
656
160
3,034
20
2,420
2,268
3,327
8
211
202
1,618
153
150
112
742
965
131
33
60
3,987
1,057
1,998
93
157,747 1,798,812 1,441,134 728,792 302,888
270,529
712,289
9,739
720
607
430
12
19,116
1
Total United States
and possessions.._ 15,223,316 723,648 1,909,209 625,449 309,209 3,902,702 126,516
Industrials
15
113
720
143,789
Stocks
of foreign
corporations
Public
utilities
1
9,322
8,803
859
430
35
121
117
Other domestic corporations
Stocks
of Federal Reserve
banks
and
Foreign, other
public domesand
corprivate tic
porations
Railroads
17
32
123
61
49
3,267
5,098
3,749
71
to
Capital stock, capital
notes and debentures
Time deposits
Demand deposits
Deposits of individuals, partnerships, and
corporations
Location
Maine
New HampshireVermont
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
Capital
Prenotes ferred
and stock
debentures
Common
stock
Deposits
of individuals,
partnerships and
corporations
Deposits
of
U. S.
Government
Deposits
of States
and
political
subdivisions
DeDeposits ChristDeposits posits
Postal
accuof
of banks banks
savmas
muin the in forsav- Open ings
Certifilated
United eign Savings cates of for
deings
ac- posits
States coun- deposits deposit payand counts
similar
ment
tries
acof per- counts
sonal
loans
6,334
1,195
7,709
13,418
1,548
7,499
63,651 1,255
11,352
593
38,723
6,201
24,115
484
7,135
100,266 1,100,864 25,954
19,349 117,144
525
37,933 296,861 4,991
10,563
6,652
3,214
107,482
11, 545
42,393
242,986
6,746
224,993
4,721
133,582
824
287,553 27,771 2,505,797
329,361
7,329
344
901,042
27,696
1,657
1,025
454
15,964
5,072
5,557
3,414
'726
118
16,309 10,462
3,346 1,000
7,198 7,727
1,070
459
221
1,307
508
834
7,347 37,703
182,236 1,641,358 33,802
181,849
334,869
28,116 4,337,761
29,729
4,788 31,337 19, 552
910 3,141,884
—
29,936
550,775
1,540
97,892
30,357
7,018,163
1,192,678
2,060,798
75,704
405,207
174
304
99,473
1,309
709,481 9,518,284168,021
74,114 590,131 19,046
41,669 276,502 2,006,811 99,488
184 11,584 120,475
187
647
29,184 289,440 29,456
5,355 2,692
17,300 174,568 1,273
1,243 1,180
51,633 43,348
600 55,356
557
1,671
2,167
5,107
1,236
38,245
21,665
20,530
7,667
30,727
217,170
127,470
167,945
74,991
206,723
5,148
2,304
3,146
452
13,814
28,960
23,360
56,699
21,417
29,818
60,780
11,520
79,258
8,086
79,143
76
229,154
104,949
79,209
27,985
95,682
15, 827
12,561
17,485
3,266
16,542
2,089
201
44
1,458
353
1,196
1,487
965
4,404
Deposits
of
banks
in the
United
States
De-
of
banks
in foreign
countries
I
H
W
49
350
46
658
26
216
4,399
1,345
450
##
81,040 117,455
20,912 1,189
79,075 50,771
1,939
253
3,266
11,079
§
H
1,541
2,224
38,201 290,307
18,006 8,193 3,000
33,512 153,1,837 13,955
339 1,411
601
4,358 9,398
726
3,027 3,449
315.
21,819
97,443 466,595 18,597
186,23 2173,862
7,619
4,297
6,138
018 144,429 1,118,165 12,699,709 317,931 937,872 3,852,384 600,703 10,852,023 196,885
2,817
5
152
138
1,079
Deposits
of
States
and
political
subdivisions
7,851
144
5,635
111
854
3,416
1,372
1,054
607
1,216
3,051
716
2,100
249
928
1,981
1,848
4,446
241
1,
605"
13, 855
167
3,200
997
805
• w
•
2,189 11,079
605
3,795
110
1,256
fed
3
::::::: §
•
Q
Kj
8
TABLE N O . 43.—Assets and liabilities of all active banks in the United States and possessions, June 1989 {includes National, State (commercial),
savings, and private banks)—Continued
fcO
[In thousands of dollars]
Capital stock, capital
notes and debentures
Demand deposits
Time deposits
o
n
Deposits of individuals, partnerships, and
corporations
Location
Florida
Alabama
Mississippi.
Louisiana.. _
Texas
Arkansas...
Kentucky _._
Tennessee...
Total Southern States...
Ohio
Indiana
Illinois
Michigan. _.
Wisconsin..
Minnesota..
Iowa
Missouri
Capital
Prenotes ferred
and stock
debentures
1,355
9,740
6,946
72 6,705
4,317 11, 567
3,459
7,135
9,550
9,517 72, 520
Common
stock
21,490
18,725
9,264
18,951
81,258
10,193
29,822
27, 240
Deposits
of individuals,
partnerships and
corporations
196,954
135,930
77,363
211,755
842,747
85,897
207,635
199,313
DeDeposits Deposits
Deposits posits
of
States
of
of
of banks banks
and
U. S. political
in the in forGov- subdi- United
eign
ernStates counment visions
tries
7,277
5,579
1,535
16,881
36,164
873
5,256
15,482
38,547 60,739
24,040 30,735
8,903
35,555
64,581 94,774
109,958 232,411
19,481
22,763
35,901 57,699
86,708
43,604
335,777 2,751,893 113,911 535,203 830,237
33,092 16,874 129,636
41,887 364,186
10,293 4,739
4,051 31, 599 168,354 2,170,429
30,787 56,522 633,345
12,921 10,528 49,461 319,695
2,050 4,950 46,372 331,480
6,030 30, 596 272,791
4,072 4,208 78,081
22,091
17,003
68,717
22,621
13,702
1,701
4,099
164,226
53,921
785,869
99,092
67,067
125,974
42,323
401,714
141
247
852
428
37
Savings
deposits
72,948
85,764
46,386
88,816
171,497
32,987
99,312
120,162
Certificates of
deposit
1,137
8,738
18,503
14,831
35,113
11,039
40, 512
36, 514
Deposits ChristPostal
accusavmas
muings
savOpen
lated
deings
ac- posits
for
and counts
pay- similar
ment
acof per- counts
sonal
loans
1,039
327
221
198
2,326
25
1,106
809
1,799 1, 254,851 232,068 20,646
1,448
55
12,181
999
83
774
340
971,233
253,912
892,059
619,489
368,086
291,431
138, 722
229,293
74,407
67,962
88,142
17,350
57,689
87,274
84,025
63,924
8,011
504
4,532
1,645
340
2,194
967
1,737
476
746
625
1,333
917
255
1,644
1,205
Deposits
Deof
States posits
of
and
politi- banks
in
the
cal
sub- United
States
divisions
2,264
1,049
1,034
3,583
476
857
360
1,705
2,556
2,433
993
774
2,394
249
4,440
17,305
184
2,192
5,602
#
197
272
907
479
792
4,679
14,866 16, 512 23,900
56,441
17,962
7,171
3,345
5,091
3,856
3,454
1,492
755
1, 818
13,490
29^269
629
1,442
317
492
2,951
r
4,964 31,602 8,041
2,178
57 10,251
1,174 45,523
259
3,401 4,572 1,937
1,784 2,971
1,684
3,442 6,329 3,014
599
235
59
3,444 1, 391
940
Deposits
of
banks
in foreign
countries
w
I
w
o
d
§
Total Middle Western
States..
North Dakota _.
South Dakota
Nebraska _ _
Kansas
Montana
Wyoming
_.
Colorado
New Mexico
Oklahoma.-
540,773
19,930
12,396
11,397
29,193
37,897
8,130
3,473
5,266
2,314
22,455
127
315
833
85
67
438
236
591
48
1
15,266
14,775
31,797
37,689
30,962
17,631
82,864
9,569
51,739
1,377
77
816
75
131
55
292, 292
132, 521
4,434
2,552
7,142
7,830
58,521
4,312
2,402
82,478
2,302 15,411
108,052
946,775 20,712
247,354
218,871
648 2,167
149
827
2,750 34,389
1,573
1,136 1,154
47,662
24,235
137,281
17,166
13,961
5,393
12,559
47,469
19,247
227,822
2,262
17,720
1,209
24,139 208,089 6,532
10,982
124,785 5,717
166,396 1,309,699 99,978
3,529
42,368
272
109
55,623
8,009
164
1,067
15,481
149
40,707
2,397
1,830
1,440
215,409
560
104,916
13,842 1,958,531
24,250
57,359
;! 13,395
28,102
87 -
5,361 40,759
216,519 1,796,752 112,921
258,257
317,205
15,929 2,401,962
884
1,452
2,363
3,590
968
1,159
2,218
583
118
_
Total Pacific States
15,880 3,764,225
2,194
139
;__
601,409 5,748,827 176,742 1,016,198 1,740,186
5,139
5,898
19,403
26,284
7,706
2,896
12,048
2,292
26,386
898
728
537
Total Western States
Washington
Oregon
California
Idaho _
Utah
Nevada
Arizona
66,479 109,715
31,901
39,190
158,906
197,470
65,495
27,030
166,562
28,127
232,094
8,622
4,153
16,649
31,213
77,633
18,091
9,636
17,627
15,562
56,790
3,110
3,633
52,586
35, 554
8,627
4,331
42,168
2,267
66,595
183
475
2,704
6,630
312
215
1,213
358
855
2
3
49
Total possessions
800
25
9,280
13,628
3,019
25
450
450
121
29
121
26,806
7,635
2,216
34
35,209
38,970
19,235
30
202
352
4,116
2,277
2,329
1,091
2
25
11,959
19,109
8,199
30
68
188
103,531 9,142
40,603
260
15
2,091
679
40
593
264
13,899
793
3,638
14,996
5,566
2,529
306
47,525
37,893
16,515
86
5
54
51
38
59
272
145
573
26,185
611
47
46
27
1,641
89
1,286
165
433
1,456
717
213
75
439
366
74
231
2,570
163
172
175
840
6,069
3,745
3,137
3,791
11,178
8,081
6
1,019
332
8,958
7,274 175,357
4
293
1,119
290
21,511
140
200
106
183
316
9,172 184,814
23,381
124
54
229
14,070 58,963
135
72
47
3,055
5,235
5
5,235
71,676 187,250 614,448 80, 845 541,208 250,816 16,764
1,031
240
415
67
663
90
11
41
730
14,913
9,561
56
3
1
168
944
25,699
38
1
83
12,051
20,313
1
168
46
33,646
47
1,411
24
895
111,315
92,680
209
116
833
706
13,934 56,955
5
62
646
Total United States and
150,474 420,658 2,588,964 25,688,845 785,161 3,217,336 7,297,390 677,478 23,014,429 1,248,100
possessions. . . __ .
724
139
16
10
141
42
1,625
Total United States (exclusive of possessions) _. 150,024 420,537 2,562,158 25,585,314 776,019 3,176,733 7,293,752 662,482 2,903,114 1,214,454
Alaska
Canal Zone (Panama)
Guam
__ . __
The Territory of Hawaii
Philippines
.
__ _ _
Puerto Rico
Am finnan Samoa
Virgin Islands of the United
States.
-
593
314
26,982 49,689 20,986
1,411
35
71,723 188,661 614,616 81,789 566,907 250,854 16,765
to
to
to
oo
TABLE NO. 44.—Assets and liabilities of active State (commercial) banks, June 80, 1989 l
ASSETS
[In thousands of dollars]
Location
Maine
New Hampshire
Vermont 8
Massachusetts
Khode Island
Connecticut „
31
12
34
72
14
77
Total New England States
New York
New Jersey 4 __
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States..
Virginia
West Virginia
North Carolina
South Carolina
Georgia 8
Florida ..
Alabama
Mississippi
Louisiana.. _ _ _
Texas
Arkansas
Kentucky...
Tennessee
Loans and
discounts
Number (including Investof banks rediscounts ments
and overdrafts)
_
Total Southern States
Investments
Real
Bank
and other
estate
assets inBalances premises owned
directly
owned,
Currency with
other
representing
and coin
other 2 furniture
than
bank
premand fixbanks
bank
ises or other
tures
premises real estate
40,148
8,663
31,586
217,357
80,844
131,480
38,870
8,355
22,791
238,609
117,911
106,229
2,688
291
976
10,839
3,743
9,143
14,630
1,427
7,054
134,145
29,596
84,170
510,078
532,765
27,680
1,541
228
1,501
11,531
11,868
12,213
2,364
440
3,958
8,535
3,449
6,269
Customers'
liability on
acceptances
outstanding
68
276
40
2,235
5,926
235
Interest,
commissions,
rent, and
other income
earned or
accrued but
not collected
233
476
4
42
995
806
239
O
Other
assets
Total
assets
198
36
234
669
535
363
100,783
19,440
68,182
625,148
255,154
350,345
2,035
1,419,052
271,022
38,882
25,015
8,712
713
2,150
308
142
384
29
115
13
2, 507,229 4,006,203
292,808 418,927
631,854 1,006,669
57,060
67,842
104, 983 119,063
57,351
52,096
76,998 4,278,217
20,018 218,646
37,242
488,859
2,198
59,899
8,421
124,743
3,684
37,078
176,536
35,648
67,291
2,218
8,798
8,353
66,166
32,895
99,307
1,389
2,321
2,928
34, 363
3,214
23,813
678
595
2,303
47,815
151
136
27,875
3,152
5,882
336
599
341
29,516 11,250,918
3,207 1,028,666
17,258 2,378,311
67
191,687
652
370,175
173
164,307
991
3,651,285 5,670,800
148,561 5,207,442
50,873 15,384,064
240
298,844
205,006
64,966
48,102
38,185
185
103
186
130
232
118
149
181
116
398
167
318
228
134,048
63,764
128,124
25,636
85, 388
29,013
40,288
52,377
53,407
84,420
36,502
111,562
70,217
62,856
36, 552
114,133
21,025
30,780
29,554
27,169.
47,136
51,176
50,026
19,054
66,083
30,294
5,660
4,534
8,777
2,631
4,414
3,723
2,935
4,372
4,725
6,633
1,975
5,816
3,646
55,612
45,157
116,929
23,048
48,337
39,192
26,011
36,962
54,196
67,799
25,787
66,618
41,668
8,260
3,645
6,525
1,146
4,892
1,937
1,622
3,149
2,450
4,285
1,389
5,345
4,420
3,012
3,808
2,150
650
4,690
1,106
1,639
1,221
1,180
2,165
956
3,900
2,929
1,127
1,206
22
3
40
406
1
119
3,292
89
615
36
36
361
136
974
78
160
66
184
35
155
56
78
251
71
854
676
1,123
83
574
564
313
953
5,786
293
220
6,894
769
271,793
159,478
378,778
74,302
179,420
105,565
100,162
146,328
176,371
215,685
85,961
266,594
154,665
2,511
914,746
585s 838
59,841
647,316
49,065
29,406
6,918
265
2,605
19,102
2,315,102
21
5
145
4
4
4
7
w
w
ft
Q
O
a
Ohio
Indiana3
Illinois --_Michigan__
Wisconsin. Minnesota .
Iowa.
_
Missouri
445
366
631
374
473
490
638
549
Total Middle Western States...
North Dakota.
South Dakota..
Nebraska
Kansas
Montana
Wyoming.
Colorado
New Mexico-._
Oklahoma
Total Western States.
WashingtonOregon
California 6.Idaho
Utah
Nevada
Arizona
Total Pacific States
_
Total United States (exclusive
of possessions)
_.
280,615
230,762
159,450
100,877
220,219
263,811
498,306
152,814
575,627
331,322
174,572
77,608
116,405
345,989
368,139
112,991
419,038
188,486
100,529
41,555
91,976
295,735
29,819
9,232
13,559
16,173
8,446
3,884
5,265
12,115
20,403
7,508
6,034
4,041
4,790
1,311
1,481
8,084
5,602
763
1,412
1,464
604
5
848
1,040
180
130,535 1,618,449
11,738
33,871
12,278
24,167
20,324
9,910
5,061
10,353
14,571
524
5,974
2.214
1,221
90
84
3,278
1,432,712
444,330
1,329,129
795,857
459,641
230,631
446, 682
945,946
431
7,308
13,385
6,084,928
40
35
13
48
142
149
75
100
506
54
19
78
3
186
26, 550
39,796
78,555
192,170
66,289
19,851
64,692
13,635
61,610
98,493
53,652
9,376
16,004
36,304
79,973
17,147
8,897
19,382
5,205
21,915
8,259
11.332
17,786
49,971
23,610
3,407
18,347
3,328
15,790
751
831
1,621
3,371
1,334
524
1,859
467
1,594
6,507
10,248
21,185
53,596
22,718
6,523
23,649
4,409
21,435
774
885
1,304
3,499
1,032
411
978
164
611
693
381
228
1,123
252
69
270
59
70
1,399
214,203
151,830
12,352
170,270
9,658
3,145
154
97
47
128
32
46
5
21,741
15,322
565,768
18,318
28,379
1,309
10,493
1,751
1,242
14,270
1,311
1,326
124
948
20,901
9,195
236,615
16,029
25,389
679
8,657
1,029
562
26,768
714
935
46
311
131
428
18,267
64
244
6
380
7
4
48
6
286
7
27,048
15,252
528,420
15,066
35,824
1,004
8,550
362
631,164
661,330
20,972
317,465
30,365
19,520
399,941 8,231,964
525,307
335,744
1,813
373
27
13,520
21,745
4,551
31
42,060
176
69
3
2,157
2,328
977
1
5,642
3
1,087
2,258
815
9
4,241
221
12
54
232
4,912
233
5,198
192
7,975,752 9,937,111 | 443,530 8,274,024
530,949
339,985
93,074
57,774
52,105
9,269
52
9,321
1,878,294 2,272,643
7,799,770 9,875,206
3,934
276
267
31,851
111,431
28,180
43
175,982
3,546
656
225
31,950
21,960
3,474
94
690
661
27
4,533
31,297
6,372
9
61,905
43,589
i Includes loan and trust companies and stock savings banks.
«Includes reserve balances and cash items in process of collection.
*4 Includes trust company without deposits.
Includes figures for 7 trust companies doing only title insurance business.
«Includes 6 industrial banks with assets of approximately $3,000,000, not previously
included in reports.
• Includes trust companies and other financial institutions without deposits.
2
119
1,779
273
2,586
1,060
117
240
49
1,204
117
11
2
119
124
290
497
70
32
66
19
182
3,766
Alaska
Canal Zone (Panama) 7_._
Guam
*
The Territory
of Hawaii.
Philippines 89Puerto Rico
American Samoa
Total United States and possessions
474,613
147,947
1,170
563,148
3,034
36
28
1,195
5
62
148
,711
215
152
186
72,732
42,181
398,096
51,728
92, 535
3,177
29,558
353
3,060
1,304
4,474
1,690,007
92,841
52,576
51,913
26
91,039 27,456,301
145
7,301
12
334
17,396
26,175
51,363
10,373
9,267
566
85,508
208,937
75,565
189
390,405
142,402 27,846,706
i Branches of American national banks.
8 Includes figures for branches of an American national bank and foreign banks.
»Includes figures for branches of American national and foreign banks.
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 30,1939, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities
were not available direct from State banking departments.
fcO
to
CO
TABLE NO. 44.—Assets and liabilities of active State (commercial) banks, June 30, 1939—Continued
8
LIABILITIES
[In thousands of dollars]
Demand
deposits
Location
Maine
New
Vermont.
Massachusetts
Rhode Island
_
Connecticut
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
_.
District of Columbia.
Total Eastern States-
Time
deposits Other
(includde- 1
ing
postal posits
i
30,846
3,874
9,284
356, 753
62, 418
179, 960
52,821
999
12,357
55
43, 287
153
158,423 11,367
143,919
69
113,557 2,836
643,135
524,364
Total
deposits
84,666
16,286
52,724
526,543
208,035
296,353
Bills, payable, rediscounts
and other
liabilities
for borrowed
money
Mortgages
or other
liens on
bank premises and on
other real
estate
269
73
6
100
211
43
Acceptances exe- Interest, Interest,
taxes,
cuted by discount,
or for ac- rent, and and other Other
other in- expenses liabilicount of
reporting come col- accrued
ties
lected but
bank and
and
outstand- not earned unpaid
ing
242
481
4
255
515
174
82
42
62
1,918
2,662
892
44
11
32
1,198
407
324
5,658
Capital
stock»
8,844
1,227
9,615
38,665
13, 382
23, 628
Reserves
and retirement
account
for preUn
Surplus divided ferred
profits stock and
capital
notes and
debentures
3,155
2,373
a 1,016
555
1,345
1,720
3 36,199 10,611
3 26 280 2,334
17, 304 6,521
1,290
229
2,678
9,417
1,058
4,891
17,108 1,184,607
659
43
727
1,005
2,016
95,361
24,114
19,563
9,774,205
902,873
1,896,842
155,961
321,045
136, 754
7,256
2,013
980
2,412
125
396
60,033
151
136
8,181
1,869
1,761
169
646
298
14, 289 89,662
1,021
2,474
7,350 7,305
313
266
520
355
447
327
491,726
70, 290
142,124
10,083
23, 395
10,893
615,892 137,965
27, 881 10,542
234, 254 35,349
18,459 5,429
15,005 5,729
10, 111 4,216
49,297
9,427
51,814
1,007
3,480
1,261
10,149,484 2,727,265 310,931 13,187,680
10,249
2,933
60,320
12,924
23,940 100,389
748, 511
921,602 199, 230
232,233
121,866 1,697
132,064
59,281
805
333, 281
89,333 5,943
65,194
19,163
349
146,999
51, 911
742
29,076
697
91,004
30,166
295
84,805
43, 842
384
126,662
43,545
706
154,495
28,625
181,346
1,299
19,147
314
73,397
75,541
2,992
217,592
56,503
533
131,731
667,999 16,756 1,970,803
287
356
638
30
701
173
300
88
42
255
206
309
90
3,475
20,149
14,012
19,220
4,524
15,688
7,499
8,008
11,400
11,588
21,008
7,383
23, 291
12, 765
176,535
9,214
4,071
8,250 2,984
13,059
6,198
2,509
1,261
9,031
4,169
4,414
1,244
3,630
2,185
5,069
1,331
5,300
2,421
7,251
3,892
2,305
1,871
11, 610 3,810
3,467
4,071
85, 713 38,904
8, 216, 676 1, 275,214 282,315
404, 690 490,604 7,579
754,912 15,874
1,126,056
2,035
120,655
33,271
1,467
210, 624 108,954
1,661
70,783
64,310
108, 670
Virginia
71, 978
238, 005
West Virginia
45,682
North Carolina.__
_
94,346
South Carolina
61,231
Georgia
54,344
Florida...
82, 436
Alabama
Mississippi
110,244
Louisiana
__
151, 422
Texas...
53,936
Arkansas
139,059
Kentucky
_
74,695
Tennessee
1,286,048
Total Southern States.
85,299
116, 286
:
21
7
145
4
50
267
1,568
53
1,460
104
896
73
83
119
174
101
7
286
520
5,444
669
243
845
37
238
58
51
163
225
251
42
210
209
3,341
1,105
86
763
116
367
121
22
218
272
165
28
7,677
142
11,082
r =
2,484
1,427
3,293
520
1,186
975
1,074
1,274
1,829
1,399
722
1,671
1,634
19,488
Ohio.—
Indiana
Illinois..,.
Michigan
Wisconsin
Minnesota
Iowa
Missouri.
645,440
223,984
787, 769
298,433
161, 311
81,774
233, 832
630,065
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
_
Montana.
Wyoming
Colorado
New Mexico
3,062, 608 2, 290, 385 45,039
___
5,398,032
85
2
45
179
34
96
4,804
5,245
24
70
20
3
15
9
141
517
7,190
932
7,527
17,531
374,014
146,529
80,124
48,078
8
15
20
6
31
13
166
36
10
30
55
38
58
16
28
71
8
344
2
11
3,158
3,831
7,756
14,972
4,252
1,485
3,182
795
4,082
898
1,030
2,525
8,036
1,625
786
2,216
338
2,172
321
783
1,519
3,522
798
191
1,196
153
1,146
69
248
401
610
381
168
409
128
227
43, 513
19,626
9,629
2,641
2,249
780
38,312
1,235
2,781
75
1,051
1,478
732
19, 532
1,053
1,746
82
143
424
201
10,485
768
414
11
36
46,483
24,766
12,339
42, 720 160,498 1, 522,157 1,305,252 376,767
218,395
no
102,497
31,956
50,853
51,477
39,923
15,434
23,557
58, 317
152
198
372
1,001
486
104
532
102
595
22,045
33,855
66, 271
164,466
59,088
17,135
57,310
12, 216
53, 887
340, 308
142,423
3,542
486, 273
419
5
281
490
32,352
18,890
426,058
31,610
39,977
1,815
12,696
30,927
63, 749
470
18,434
206
37, 530
788, 500 11, 998 1,226,556
376
14,125
46, 111
39,943
748
80, 668
2,782
19
948
14, 215
194
27,105
15
26
724
3,232
340
12
2,243
64
28
1
11
64
3
1,518
84
34
1
60
34
20
28,649
13
424
80
4,353
2,903
66,845
2,400
6,425
225
1,072
2,699
1,764
29, 220
84,223
Oklahoma
Washington
Oregon.
California
Idaho.
Utah
Nevada
Arizona
+
563, 398 907,092 14,011 1,484, 501
Total Pacific States...
Total United States
(exclusive of posses16,044,981 7, 259, 528 407,387 23,711,896
sions)
10
1
10
5
7
11
15
754
20, 801
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines.
Puerto Rico_
_.
American Samoa
4,440
6,389
59
29, 492
72,657
31,149
60
4,525
2,612
330
40,939
73,119
26,421
97
59
29
1
346
2,730
1,605
9,024
9,030
390
70, 777
148, 506
59,175
157
57
58
118
126
Total possessions
144, 246
148,043
4,770
297,059
Total United States
and possessions
16,189,227 7,407, 571 412,157 24,008,955
3,258
3,178
65,094
29,543
3
62
260
305
401
118
25
5,930
13, 628
3,469
25
35
4,533
7,234
808
4
34
1,409
1,174
356
3
10
2,283
4,977
1,051
23,602
12,919
3,377
8,439
44,033 195,896 1, 545, 759 1,318,171 380,144
226,834
525
12
54
232
5,469
5
2,116
45
125
886
289
224
15
328
30,066
4,765
359
18
5,755
2,166
1,313
35, 398
21,160
3,196
70,849
31,709
13
6
5,505
2, 203
21,479
6,018
3,217
1,672
3,332
4,652
3
119
2,344
240
4,247
1,480
768
75
823
7,554
3,700
211
1,566
706
144
158
9,174
11, 670
19, 529
42,174
18,125
6,866
21,029
2,588
11,268
5
83
314
38, 219 13,155
11,558 6,429
28,960 20,406
17,758 8,337
6,522
9,126
6,402 3,366
6,678
11,263
23,243 15,231
1,918
381
841
2,079
63
168
172
1,568
180
202
11
2
12, 719
21,987
46,370
121, 291
40, 477
10,165
35, 749
9,526
42,024
___
Total Western States-
611, 792 7,853 1,265,085
163,999 3,297
391, 280
401,140 11,601 1,200,510
403, 276 6,103
707,812
233, 955 4,607
399,873
119,308 2,225
203,307
162,688 4,128
400,648
194, 227 5,225
829,517
i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
Includes capital notes and debentures. (See classification on pp. 336 and 237.)
Includes guaranty fund.
3
1
to
CO
TABLE N O . 44.—Assets and liabilities of active State (commercial) banks, June 30, 1989—Continued
CO
[In thousands of dollars]
Loans and discounts
Location
Maine
Newm Hampshire
Vflr ont
Massachusetts
Rhode Island
Connecticut
__ --
Total New England States
New York
New Jersey
Pennsylvania
Delaware _. _
Maryland
District of Columbia.
-
- -
-
- -
Total Eastern States
Virginia
_
West Virginia
North Carolina
South Carolina
Georgia.
-Florida
Alabama .
-- Mississippi » .
Louisiana
Texas
- . _ _ __
Arkansas
..
Kentucky
Tennessee
Total Southern States
-
-
Loans to
brokers
and
dealers
in
securities
Other loans
for the
purpose of
purchasing
or carrying
stocks,
bonds, and
other
securities
Commercial and
industrial
loans
Agricultural
loans
11,603
1,069
3,576
48,893
15,931
41,198
808
3
521
609
71
356
456
20
45
20,316
2,010
5,548
198
1,950
6
3,762
30
259
607
7,158
1,772
3,533
122,270
2,368
28,395
4,255
1,026,972
52,854
181,890
11,929
18,447
5,705
13,050
854
2,314
93
1,965
83.382
6,811
11,580
1,970
1,428
615
1,297,797
18,276
Openmarket
paper
Real-estate loans
Loans
to
banks
All other
loans
Overdrafts
On residential
properties
On other
properties
1,477
99
6,564
584
466
1,008
8,456
3,853
12,163
58,496
33,944
42,617
5,548
1 666
3,974
19,066
13,899
8,913
140
15,020
10,198
159, 529
53,066
211
114,708
58
406,764
3,411
24,545
4,744
1,139
269
207, 237
11,091
43,847
6,688
7,351
1,001
8,016
1,318
7,246
2,461
6,368
64
151,651
89,714
139,243
10, 218
22,952
22,026
115,744
36,856
52,425
1,998
7,238
8,193
31,843
71
321
1,362
78
454,891
89,802
168,213
15,585
38,010
19,473
7,679
26
230
12
7
5
105,786
440,872
277,215
25,473
435,804
222,454
33, 675
785,974
7,959
9,322
3,598
7,782
1,222
5,219
1,421
2,742
7,449
4,815
1,229
2,077
18,034
8,623
22,185
15,191
10,413
2,712
14, 520
5,359
5,728
4,258
6,109
4,906
3,038
17,035
8,367
6,633
4,616
7,152
725
3,755
2,044
2,144
2,872
3,943
1,462
1,192
8,425
2,945
52
13
10
32
43
25
500
36
58,019
17,946
41,749
7,508
25,654
8,830
8,879
12,629
18,260
26, 765
7,159
30,815
25,405
24
17
4
20
111
17
38
745
74
244
15
70
74
73, 533
119,821
47,908
2,464
289,618
1,453
29,375
13,975
37,568
6,042
21,535
7,380
6,507
7,121
12,487
18,723
3,944
23,524
11,817
3,139
1,571
9,222
7,305
12,109
1,925
13,354
15,803
5,801
29,294
18,627
7,557
9,909
3,265
1,297
4,041
55
164
337
120
239
112
422
183
2,484
487
375
247
770
206
369
682
135
488
528
289
61
268
244
198,998
135,616
13,206
4,662
1,659
5,306
7,946
8081,709
1,018
628
763
1,246
1,043
181
2,850
2,310
27,467
On farm
land
51
20
1,477
33
243
9,596
1 953
4,123
58,302
12,717
28,017
5
7
31
4
11
Ohio
Indiana .
Illinois
_
Michigan
Wisconsin
Minnesota.
Iowa
Missouri
_
Total Middle Western States
North Dakota
South Dakota ._ _
Nebraska
Kansas
Montana
_
Wyoming
...
Colorado .
_New Mexico.
Oklahoma
Total Western States
_
__.
.-
Washington
-Oregon
California
_
.
Idaho .
Utah
Nevada .
Arizona.
Total Pacific States..
_
Total United States (exclusive of possessions)
Alaska
Canal Zone (Panama)
.
The Territory of Hawaii
.. _ .
Philippines
Puerto Rico
._
.
American Sfvmoa
Total possessions
Total United States and possessions
i All real estate loans.
1
Includes amounts reported as overdrafts.
90,008
23,586
80,084
43,584
44, 546
11,446
28,882
84,472
12,156
18,480
41,775
14,630
17, 652
33,037
88,825
35,484
2,964
4,188
21,159
6,408
2,863
1,428
5,230
1,417
4,948
72
8,636
586
294
10
788
2,059
13,936
2,272
11, 513
9,376
5,711
571
1,066
7,882
25,802
16,946
13, 616
12,226
20,374
13,494
40,069
18,773
151,470
37,676
32,473
71,469
27,493
13,238
21, 513
42,370
42,448
9,775
5,780
19,057
12,421
2,940
5,386
16, 577
36
160
92
93
618
159
242
199
130,794
34,771
65,428
53,290
27,404
24,475
28,150
54,426
51
21
59
43
74
79
68
152
406, 608
262,039
45, 657
17,393
52,327
161,300
397,702
114,384
1,599
418,738
547
797
1,129
2,859
13,951
2,239
811
5,036
1,275
2,973
5,725
9,729
22,892
30,846
7,044
4,807
6,501
1,951
10, 747
58
253
638
979
1,237
31
370
148
103
9
14
105
169
748
1,720
162
921
79
108
852
1,285
3,738
9,394
734
490
442
104
837
543
1,111
1,097
7,017
1,422
1,275
1,660
445
761
195
798
275
1,490
550
285
609
157
185
5
1,182
1,555
4,582
15,011
2,168
1,021
3,566
1,045
6,158
10
16
29
98
26
15
g
1
29
31,070
100,242
3,817
432
4,026
17,876
15,331
4,544
345
36,288
232
5,144
3,128
87,986
2,187
6,522
186
1,193
4,326
2,658
15,848
5,403
5,775
336
1,238
374
60
4,783
506
996
1
3
5,255
1
445
371
185
19,429
373
802
6
201
1,141
1,048
25,449
656
2,105
82
446
6.544
3,271
210,940
1,693
8,503
98
3,012
2,139
749
98,840
1,152
4,460
146
998
25
17
268
5
6,910
4,120
59,363
3,043
6,151
146
1,126
73
13
259
47
65
4
1
106,346
35, 584
7,054
5,705
21, 367
30,927
234,061
108,484
315
80,859
462
2,163,089
554,125
203,915
473,319
397, 422
319, 307
1,362, 248
550,840
38, 609
1,726,185
10,711
2,759
226
64
*10,023
2 63, 643
2 4,746
32
16
2
1
163
7
252
335
1
47
10
7,936
20,556
11,653
2
41
7,688
1
119
1,393
632
102
3
35
539
128
480
444
4
9
14, 375
2,368
23
24
276
17
1,159
70
11,903
10,155
435
6
424
1,010
744
40,204
7,729
2,250
574
1,052
16, 756
23,728
2,178
2,203, 293
561,854
206,165
473,893
398,474
336,063
1,385,976
553,018
38,609
81,493
18
1,807,678
10,729
to
8
TABLE N O . 44.—Assets and liabilities of active State {commercial) bankst June 80, 1989—Continued
to
[In thousands of dollars]
CO
Investments
Obligations guaranteed by
U. S. Government
Location
U.S.
Other
Govern- Reconment
Home Federal Govstrucerndirect
Own- Farm ment
tion
obligaers' Mort- corpoFitions
gage rations
nance Loan CorpoCorpo- Corpoand
ration
ration
ration
agencies
14, 742
210 2,463
1,447
296
Maine
u
2,258
20
533
517
2
New Hampshire—-_238
913
579
6,128
96
Vermont
1,825
1,294
4,439
146,838
1,800
Massachusetts
751
3,830
692
74, 445 1,502
Rhode Island
1,280
1,504
6,163
1,194
53,850
Connecticut
Total New England States
298, 261 5,075 18,341
6,092 4,080
2, 536,199 189, 952 275, 714 79,308 59,753
New York.
_._
206, 796 9,485 27, 595 2,875 4,438
New Jersey
416,399
9,273 56,780 17,084
4,075
Pennsylvania-_
_
30,500
5,238
853
841
1,815
Delaware...
7,846
691
731
878
Maryland
__- 63, 258
31, 058
1,634
333
331 7,005
District of Columbia
_
Total Eastern States.._ 3, 284, 210 210,613 380,178 102,445 71,292
24, 651
7,812
1,594
Virginia
709
589
14,028
2,938
403
826
233
West Virginia
40,421
306
2,107 17,193 4,915
North Carolina—
5,450
919
86
381
South Carolina
14,831
1,014
212
399
1,259
Georgia
11,
272
2,670
330
77
1,093
Florida
9,529
442 2,580
9
95
Alabama
6,368
1,801
87
366
741
Mississippi
__...
11,146
591 3,270
134
368
Louisiana. _
_
_
__
15, 784
176 3,581
1,333
1,420
Texas. _
—_
Other bonds, notes, and debentures
Stocks
S. Government corof FedObliga- U.porations
and ageneral
tions of
Other
domestic
corporations
cies, not guaranteed
ReStates
by United States
serve
and
banks
political
Forand
subdiviOther
eignsions (inGovpublic other
Feddocluding
erneral
and
warFed- interment Rail- Public Indusprivate mestic
All
corporants)
eral
corpoutili- trials other
merations
land
ties
diate rations roads
banks credit
and
banks agencies
1,723
797
74
2,480
18,372
3,432
18, 903
61
523
1,307
302
296
"""445'
1,752
1,256
39,808 23,669
111 6,558
835 3,570
55
1,710
807
40,759
1,055
911
22
156
4
2,064
10
75
91
18
49
46
364
56
798
72
67
45, 707
1,062
353,997
2,488
57, 274
699
109,141 5,090
37
10,099
9,870 3,548
1,581
1,160
541,541 13,443
1,016
12,648
607
9,063
1,427
39,972
89
11, 739
63
6,572
357
11,927
84
10, 782
34
36,364
21
33,430
415
23,195
3,483 5,799 3,066
1,255
1,122
1,322
339
23
2,177
5,932
101
425
19,758 15,664
6,502 3,482
7,701
7,039
1,735
1,073
7,433 4,875
2,274
761
41,674 40,631 14,017
7,019
97,094 110,720 69,226 19,306
30,860 28,176 17,154
2,712
109,576 90,628 65,139 13,611
5,965
2,319
1,329
3,825
8,334
2,489
6,779
5,606
2,303
2,649
479
1,198
254,132 241,271 162,148 39,926
3,040
1,876
2,945
1,535
1,932
1,744
1,15&
548
1,515
606
911
1,043
907
630
153
231
1,635
254
1,395
776
674
122
461
93
183
1,290
407
853
539
137
106
108
590
234
195
185
744
418
435
450
782 3,377
151
1,258
1,732
1,768
2,374 13,607
959 14,204
1,321
5,863
7,319 40,077
33,198 114,811
2,897 20,903
15,945 88,913
969 3,997
1,091
6,128
423
1,135
54,523 235,887
431 2,044
219 2,677
58
1,591
64
366
209 2,084
64
323
152
739
57
377
34
932
71 1,639
Stocks
of
foreign
corporations
84
13
105
26
174
402
960
394
610
2,063
Arkansas __
Kentucky
Tennesseeto
CD
£q
1
Jx
o
I
I
M
Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri.-
6,636
26, 844
7,755
155
508
70
1,415
4,213
1,776
341
4,050
653
652
623
237
8,692
13,288
15,643
110
1,029
15
15
2
131
881
71
101
3,633
302
130
4,255
261
103
3,406
531
356
1,855
564
41
380
141
101
1,103
2,270
3
194, 715
5,291
49,044
20,221
5,196
233,315
5,267
1,100
4,867
15,818
11,913
12,348
8,564
1,921
16,246
12
251, 592
76, 441
239, 712
157, 436
59, 798
31, 224
47,982
170, 366
12, 553
4,539
20, 519
3,919
1,044
183
954
2,404
48,410
10,440
26,129
40, 204
8,713
5,810
8,085
28,434
12,510
4,176
7,435
7,078
5,257
3,984
6,677
6,375
12,112
1,283
6,626
4,582
967
1,077
1,984
3,645
70,951
21,545
149, 712
69,067
28,047
20,904
30,146
66,646
8,000
1,328
824
891
439
1,018
1,602
3,425
1,458
860
3,222
668
23,635
8,511
30, 228
13,190
20,008
4,413
5,136
7,822
17,828
9,052
43,811
14,833
23,604
2,458
4,397
7,053
18,991
6,754
28,848
11,126
18,902
4,389
4,670
10,655
5,375
2,682
3,442
2,920
3,128
1,003
3,365
3,142
3,660
1,159
11,434
2,753
2,862
844
687
3,915
10,003
3,241
1,638
1,205
1,247
37
273
27,644
1
5
4
1,296
1,227
798
2,047
1,450
556
264
443
3,160
7
46,115 176, 225
53,492
32, 276
457,018
17, 527
7,508
9,945 112,943 123,036 104,335
25,057
27,314
45,288
13
95
43
246
64
115
51
592
39
40
19
527
148
18
91
141
16
OS
Total Middle Western States... 1, 034, 551
3 274
3,888
10,117
22,166
13,439
1,494
6,510
1,503
4,821
34
478
109
5
85
5
69
1,032
172
707
4,080
1,797
364
1,167
149
609
548
580
1,656
3,983
985
508
1,219
278
599
53
50
253
640
267
34
66
7
223
2,352
5,353
3,462
16, 552
4,398
734
5,371
932
9,357
57
327
382
406
293
12
160
169
53
67, 212
785
10, 077
10,356
1,593
48, 511
1,859
11, 877
7,374
332, 464
5,492
16, 073
751
4,931
26
2
5,799
22
31
499
429
4,889
1,992
1,099
15
109
56
17
4,009
1,285
73
25
5,274
4,364
138, 505
4,668
5,703
331
3,089
59
16
381
86
114
3
726
1,362
18, 268
3,649
2,131
91
1,081
378, 962
5,883
27,30S
9,032
5,465
161,934
774
6,056
Total United States (exclusive
of possessions)
___ 5, 257, 911 273; 762 661,173 201,638 119,902 1,488, 026
39,932
57,185
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming- _
Colorado
New Mexico __
Oklahoma
- -
_ _
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Alaska
__ _ _
Canal Zone (Panama)
Guam
Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions
208
178
263
483
558
76
892
32
278
264
253
265
732
25
735
15
61
120
98
25
31
47
444
91
12
10
288
2,708
2,690
2,567
929
1,206
1,039
5,654
3
7
1,624
12
50
5
669
200
15, 425
368
300
68
298
955
707
15,891
325
1,089
24
368
1,068
395
8,126
197
551
202
181
2,116
89
50
117
241
138
7,991
66
266
14
144
156
86
130
4,621
67
445
10
54
1,701
17,328
19,359
10,454
8,860
2,794
5,413
7
95, 077 343,950
2,497
10
402
118
54,426 444, 603 438,900 305,869
90,355
1
1 408
5
2
158
1 980
656
_
225
19, 726
7,386
2,085
45
30, 875
46
430
35
81
430
i All other bonds, notes, and debentures.
1,702
8
211
191
1,618
153
150
112
683
965
131
33
60
1,921
3,942
918
1,937
93
445, 591 442,801 307,790
94,297
95,995 345,887
2,590
6,437
8,803
859
720
951
20
17
32
16, 099
720
988
3,901
Total United States and possessions
5, 288, 786 273, 762 661, 254 202, 068 119,902 1, 504,125
37
15
10
257
305
231
148
738
39
978
6
6
5
12
65
144
39,932
57,185
55,146
1,601
2,268
TABLE N O . 44.—Assets and liabilities of active State (commercial) banks, June 80, 1939—Continued
fcO
CO
[In thousands of dollars]
Japital stock, capital notes,
and debentures
Demand deposits
Time deposits
Deposits of individuals, partnerships, and
corporations
Location
Capital
Prenotes ferred
and
stock
debentures
Maine
New HampshireVermont
Massachusetts
Rhode Island
Connecticut
4,629
325
6,965
7,307
1,112
3,028
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
23,366
51,633
187
5,355
1,243
58,418
19, 652
31,762
24,806
76,220
5,244
2,817
557
1,671
72
4,317
4,593
17
773
2,600
4,999
3,281
2,311
Deposits Deof indi- posits
viduals, of
U.S.
Common partnerGovstock
ships,
ernand corporations ment
4,215
902
2,650
31,358
12,270
20,600
23,072
2,874
7,864
292,435
51,349
143,447
791
29
97
12,848
16
1.577
71,995
521,041
15,358
DeDeposits Deposits
of States of banks
of
and
banks
in the
political United
in forsubdivi- States
eign
sions
countries
5,993
813
1,281
21,289
8,857
22,351
990
158
42
29,987
1,915
12,585
60,584
45,677
194
281
Deposits
accuCertifi- muSavings cates lated
deposits of de- for payposit
ment
of personal
loans
49,965
12,034
42,079
147,023
138,672
99,312
772
31
237
5,386
1,418
2,529
95
Postal
Christmas
deOpen
posits
acand counts
similar accounts
765
158
315
2,303
2,630
1,275
4,851
7,446
6,306
71
28
1,356
475
489,085
10,373
2,613
420,441 5, 581,193 134,249
38,528 324, 226 9,159
117,318 891,894 37,388
422
112,412
9,896
157,775 9,175
18,040
84
68,201
9,650
293,679 1,876,358 331,197
54,011
344
16,950
76
73,993 122,705
6,451
1,370
22,162
21,424
2,424
48
829,355
458.446
584,013
1,116
2,474
2,609
95,834
58,884
24, 215
54,844
0,224
607
1,307
73
1,483
2,087
10,662 240,653
8,028 4,816
12,144 60,312
203
1,385
2,206 5,576
1,936 1,200
613,873 7,135,701 190,477
450,322 2,041,231 331,753 2,055r 162
81,270
9,769
35,179 313,942
95,057
50,128
57,166
15,404
36,812
24,864
24,306
26,919
28, 384
12, 615
8,085
6,710
13,618
2,323
11,288
302
4,873
14,799
10,639
11,961
5,984
7,039
126
5,204
69
601
569
270
189
5
669
2
14,905
11,195
14, 627
3.950
14,017
6,726
5,408
6,318
8,235
16,691
5,072
77,340
57.248
117,272
35,813
50,139
41,803
53,015
126,791
39,911
1,552
98
102
2,379
254
1,528
291
2,722
1,506
9,479
47,671
6,919
8,380
10,076
5,806
24,475
34,486
18,136
9,623
19,807
5,153
70,676
2,848
14, 592
762
5,207
4,655
4,300
4,989
4,395
76
53
12,118
1,786
666
819
307
378
373
314
150
97
52
525
74
10
942
455
170
1,8
Deposits
of
States
and
political
subdivisions
Deposits
of
banks
in the
United
States
830
49
606
964
744
2.773
12
354
Deposits
of
banks
in foreign
countries
216
5,966
54,556 110,926
512
11,484
38,200 5,415
158
1,856
12
2,142
115
3,731
2,836 108,238 117,138
923~
6,317
1,492
166
128
923
2,710
3,623
4,248
566
216
42
651
896
1,151
904
2,159
115
282
67
300
1,145
245
172
1,649
2.400
102
366
2,276
63
761
10
101
3,731
1,995
432
394
15
4,665
3,456
18,626
9,309
100,364
57,078
2,481
1,412
25.950
12,165
10,227
4,040
9,517
31,939
135,079
894,452
16,718
223,061
151, 651
31,396
10,293
4 051
1,032
70,069
21,663
46,802
35,180
27 232
13,384
20,232
52,533
496,170 12,025
151,363 2,874
618,176 11,129
234,257
4,056
123 975 2 044
60,981
248
169,666
1,680
383,631 19,372
76, 584
64,153
50,313
47,200
27 130
19,171
56.600
42,784
60, 205
5,594
107, 607
12,849
8 162
1,374
5,886
184,108
Kentucky. _
Tennessee..
Total Southern States.
Ohio
Indiana .
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
_
12 691
2,050
Total Middle Western States
North Dakota ___
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
4,072
3,325
1,712
64,553
22,366
898
728
10
Total Western States.
Washington..
Oregon.
California
Idaho .
Utah
Nevada.
Arizona
166
460,677 136,482
456
531, 650
118,332
350,151
382, 528
184 954
59, 396
92,977
139,866
384
665
1,337
1,622
490
1,064
6,131
5,336
13,931
20,488
8,312
3,884
1,914
1,627
2,722
1 476
207
489
1,040
6,352
771
5,192
64
506
13
492
694
2,404
749
320
1,447
922
1,669
388
1,115
17,829
20
7,274
2,012
2 339
4,110
217
808
1,973
1,258
104
1,010
779
526
49
848
1,241 1, 859, 854 338,714
14, 204
13,359
14,084
9,014
34,609
6,547
5
8
151
102
101
513
125
43
29
24
268
1 126
66
312
864
116
90
6
47
31
23
297
544
71
170
383,935
385,785
404
285
359
2 951
4,186
158
1,597
16
82
83
1,513
6 623
7,405
35 436
8,711
2 190
4,321
2,140
9,280
514
4,931
36, 280
249,991
2,225
77, 619
10,470
3,705
2,076
49, 679
1,702
5,188
177
1,072
26,544
14,253
319,144
21,096
27,940
920
10,102
261
274
8,436
221
5,015
3,976
20, 505
9,218
6,657
891
2,445
532
387
71,992
1,075
5,297
5,981
1,136
14, 416
698
101
48
135
5,361
15,263
63,599
419,999
9,275
48,707
79,422
648
827
2,750
629
31
6,873
361
4,006
1,360
42
220
481
861
26
149
96
1 777
77
8
2
7
2,302
877
242
16,642
53,428
139
44,368
32, 536
40,827
40, 594
32,466
12,133
42 937
53,167
67, 595
48,995
10,774
14 930
38, 510
81 127
27,503
7 809
29,829
7,363
32,146
512
2 065
642
721
622
277
287,095 2,238,219
1,095
804
2,250
3 103
6,707
12 907
3,471
764
2,560
518
4,000
537
.
16,297
26,361
19,539
37
1
3,057
4 176
5,304
16 203
12, 797
5 220
18, 724
1,985
4,660
5,651
6 233
13,997
24 249
4,104
1 481
1,976
573
5,919
3
72,126
64,183
2,038
1,645
20, 572
1,986
1,794
105
14
28,310
16,021
715, 652
11,956
37, 639
818
13, 240
5,995
823, 636
2
2
14
278
1
6
24
317
48
152
6
39
361
84
451
397
52
1,135
3,209
870
5
288
67
21,123
10
119
102
205
73
51
5
2
579
13,080
165
20
13,438
100
2,330
47
200
20
54
51
38
211
21
29
28,816
54
2,424
21,823
576
13,910
Total United States
(exclusive of posses140,151 174.085 1,207,921 11,459,403 287,481 1,244, 228 2, 714, 236 339, 633 5, 760, 540 659, 838
sions)
43,733
Total Pacific States...
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii.
Philippines
Puerto Rico
American Samoa
83
32
4,116
5,930
13,628
3,019
25
3,569
2,216
34
21,502
38,970
19,235
30
23,152
85, 556
6,477
525
25
626
2
25
6,737
19,109
8,199
30
213
15
40
989
679
593
264
13.899
793
2,489
14,996
3,404
2,529
306
30, 612
37,893
16, 515
86
676
47
Total United States
and possessions
140,601 174,085 1,231,073 11,544,959 293,958 1,278,956 2.716,725 354,629 5,851,885 689,853
43,780
1
450
Includes U. S. Treasurer's time deposits—open accounts.
34,728
91, 345
13,753
2,100
29,485 186,420 147,202
5,831
24
30,015
Total possessions
64,936 361, 543
2,100
30
150
46
2,329
124
971
83
8,480
20,313
168
450
178
210
1
1,104
1,104
35
41
583
14,913
9,561
248
25,081
35
67
57
90
11
168
66,040 361,711
29,733 211, 501 147,237
5,831
TABLE NO. 45.—Assets and liabilities of active mutual savings banks, June SO, 19S9
8
ASSETS
[In thousands of dollars]
Location
Maine
New Hampshire 2
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York i
New Jersey
Pennsylvania
•Delaware
Maryland
Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota
Total Middle Western States..
AVashinsrton
Oregon
Investments
Real
Interest,
and other Customers' commissions,
Bank
estate
assets inBalances premises owned
liability
".rent, and
Currency with
directly
owned,
other
accept- other income
and coin
representing on
other
furniture
than
outearned or
bank prem- ances
banks l
and
bank
standing
accrued but
fixtures premises ises or other
not collected
real estate
Loans and
discounts
(including
rediscounts
and overdrafts)
Investments
32
43
8
192
9
73
29,659
63,239
27,560
1,012,577
50,905
344,920
100,251
128,049
24,613
1,128,851
128,148
360,112
797
577
484
3 7, 381
1,708
5,183
11,661
14,224
3,558
71,110
7,744
38, 525
1,354
2,012
781
20,116
1,125
6,270
2,549
7,571
9,628
150,294
3,002
49, 252
8
357
1, 528, 860
1,870,024
16,130
146,822
31,658
222,296
8
134
24
7
2
12
3,006, 629
128,113
85, 372
13,019;
38,440
2,442,624
186,402
481,851
30, 248
171, 642
38,240
2,545
1,926
40
1,122
367,056
18,507
41,309
1,531
35,032
77,859
5,429
10,672
751
1,564
331,387
40,514
25, 256
320
3,910
179
3, 271, 573
3,312,767
43,873
463, 435
96, 275
401,387
3
4
4
1
43, 737
11, 051
2,215
10,102
68,926
6,086
2,122
52, 790
2,799
241
61
114
10,762
4,345
557
6,051
1,153
84
90
199
4,459
687
28
1,103
126
12
67,105
129,924
3,215
21,715
1,526
6,277
126
3
1
26, 692
1,218
40,065
724
432
5
3,696
427
306
2
114
Number
of banks
Total Pacific States
4
27,910
40,789
437
4,123
308
121
552
4,895,448
5,353,504
63,655
636,095
129,787
630,081
1 Includes reserve balances and cash items in process of collection.
2 Includes business of 9 guaranty banks.
»Includes cash items.
* Includes two "associations" which possess the characteristics of both a savings bank
and a building and loan association, in that all of the deposits are invested in bonds and
mortgages and each depositor has the privilege of making a mortgage loan.
Total
assets
5
221
125
8,608
58
7,710
146,276
215,893
66,857
2,398,937
192,761
811,972
171
16,727
3,832,696
548
42,005
2,140
26,326
225
1,190
40
6,332,126
384,423
647,576
45,909
251,750
548
44,145
27,781
7,661,784
321
100
71
7
Total United States
Other
assets
682
44,316
2
132,157
22,620
5,073
70,361
323
230, 211
424
1
71, 729
2,384
425
74,113
45,256
11, 798,804
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 30,1939, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities
were not available direct from State banking departments.
LIABILITIES
[In thousands of dollars]
Location
Demand
deposits
]V£aine
N o w TTftTnnshirp
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England
States
New York
New Jersey
Penns vl vania
Delaware
Maryland
Total Eastern States.
Ohio
Indiana
^Tisconsin
Minnesota
Total Middle Western States
119
Time
deposits Other
(including depostal
posits »
savings)
Total
deposits
128,356
193,389
57,364
2,152,961
177, 583
726,305
128,356
193,389
57,483
2,152,961
177,583
726,305
Bills payable, redis- Mortgages
or other
counts,
liens on
and other bank
premliabilities
ises
and
for boron
other
rowed
real
estate
money
2
3,436,077
63
1
4S3
162
5,514,825
342,572
593,904 ,
39,030 i
224,525
1,577
6,713, 215
64
6, 714,856
483
8
891
121, 736
18, 682
4,474
66,109
3
22
121,747
19, 595
4,474
66,109
899
211,001
25
211,925
67,654
2,286
5
67,659
2,286
Washington
Oregon
Total Pacific States.
69,940
5
69,945
Total United States.
2,595 10,430,114
94
10,432,803
244
1,252
4,701
7,347
12
4,665
626
12
5,291
5,725
565
1,265
3
464
8,022
100
485
256
»Includes undivided profits.
• Includes reserves.
1,309
600
Undivided
profits
215,002
184
* 142,878
a 12,490
51, 725
7,272
6,730
463
96,848
1,383
25,848
222,279
138, 544
3 705, 525
33,474
43, 608
1,000
> 13,683
1,078
2,799
369
* 13, 078
Reserves
and retirement account for
capital
notes and
debentures
9,212
724
2,341
2,669
144
7,160
22, 250
100,903
5,496
6,000
5,507
600
797,290
17,324
117,906
279
1,696
3
4
48
230
6,084
2,500
295
3,000
932
306
46
« 1,204
1,419
219
21
3
331
1,926
11,879
2,488
1,659
2 3,417
2 37
177
42
16
6
460
13
i Certified and cashiers' checks (including dividend checks), letters of credit and
travelers' checks sold for cash, and amounts due to reserve agents (transit account).
* Includes guaranty fund.
6,038
948
204
125
48
248
3,337
213
730
244
5, 514,825
341,094
593,903
39,030
224,363
1,415
Interest, Interest,
taxes,
discount,
Capital
and
rent, and
Other notes
other
other in- expenses
liabiliand
Surplus
come colties
debenlected but accrued
tures
and
not earned unpaid
2
3,435,958
119
Acceptances executed by
or for account of
reporting
bank and
outstanding
6,546
473
3,454
219
22
13, 527
9,873 1,034,902
158, 575
141,837
to
CO
to
TABLE NO. 45.—Assets and liabilities of active mutual savings banks, June 80, 1989—Continued
[In thousands of dollars]
Loans and discounts
Other loans
Real-estate loans—
for the purCommerLoans to pose of purcial and in- Agricul- Open-mar- brokers and chasing or
dustrial
tural loans ket paper dealers in
carrying
On resiOn other
farm
loans
securities stocks, bonds, Onland
dential
and other
properties properties
securities
Location
Maine _ New Hampshire
Vp.rmnnt
258
......
M assachusetts
Rhode Island
Connecticut
359
8,179
379
258
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
18
__
1,327
-.
Total Middle Western States....
Washington
Oregon _. _
86
i All real-estate loans.
1,749
1,843
6,208
1,674
32,659
4 701
8,181
a
o
1,749
55,266
3
31
81
150
462
213
602
12,999,203
102,020
2 84,063
2 12,686
12,693
112
1,427
3,210,665
48,515
9,441
1,969
246
18, 598
1 008
53
41
25,610
22,905
214
60
3
2,733
59
214
60
3
2,792
42,121
2,215
19,700
453
12
* 25,690
461
710
549
35
465
26,151
710
584
13,242
4,741,589
53,189
84,991
1,799
78
86
474
a
Includes loans on other properties,
g
7 426
302
847
34
832
i 25,139
5,064
1,857
• 10,061
Total Pacific States
Total United States
i 27,816
i 57,031
15,323
1 979,918
2 45,825
» 336, 739
1,462,652
_-
Overdrafts
§
8,558
86
1,327
All other
loans
359
_
Total Eastern States...
Ohio
Indiana
Wisconsin
Minnesota
18
Loans to
banks
o
d
Q
Investments
Obligations guaranteed by
U. S. Government
Location
Maine
New Hampshire
Vermont _
Massachusetts
Rhode Island
Connecticut
Total New England
States... _
New York
New Jersey
Pennsylvania
Delaware—.
Maryland
Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota
Total Middle Western
States
Washington
Oregon.
Total Pacific States
Total United States
1
U.S.
Government Recon- Home
direct
struc- Owners'
obligation
Loan
tions Finance CorpoCorpo- ration
ration
46,059
26,929
14, 293
618, 780
45, 868
142,989
894,918
1, 392,943
60, 675
159, 736
1,313
90,372
1, 705,039
Other bonds, notes, and debentures
Obligations of U. S. Government corporations and agencies, not
States
Other domestic corporations
Other and
guaranteed by United
poStates
Federal Govlitical
ernFarm ment
subdiMort- corpo- visions
Other
gage
(includGovernCorpo- rations
ing war- Federal Federal
inter- ment
and
Indus- All
cor- Rail- Public
ration agenrants)
land mediate
trials other
roads utilities
cies
banks credit porations
and
banks agencies
•
6,192
7,868
1,262
86,461
2,453
19,456
25
i 2,933
6,185
123, 692
3,138
21,688
83
958
8
76
380, 874
33, 879
74, 764
1,979
1,692
1,726
6,906
737
16,178
3,040
10, 681
9,183
39, 268
16, 266
35,060 154, 264
6,051
242
2,011 23,370
807
5,672
87
37,400 190,164
26,744
1,882
5,478
50
4,633
38, 787
22,813
493,188
2,141
438
119
3,206
1,318
25
1
823
6,586
2,211
1,016
10
40
3
50
3
6,808
1,055
3,430
1,911
3,062
32
22
3,494
730
1,907
22, 474
2,514
199
12, 618
1,107
73
153
5,507
532
364
4,682
37,805
1,333
11,085
5,904
2,167
9,813
15,973
286
3,876
4,585
423
15,973
286
3,876
4,585
423
6,186
676
6,862
48, 202 244,393
65,542
31,588
633, 555
2, 653, 735
13, 233 21,513
23,652 28,044
1
1,147
2,961
27 218,388 129,952
15, 645 30,800
61,966 53,991
139
31
5,242
2,895
876
180
28 334,031 267, 261
238
2,579
2,817
1,010
1,010
233
140
233
140
2,624
3,928
315
83
5,128
5,526
4,825
1,484
327
1,868
160
125
1,672
30, 094
3,697
14,731
2,045
44,851
20, 350
34,965
8,789
42, 698
120, 639
2 38,733
13,098
21,863
125
845
74, 664
2,890
7,413
629
377
3,315
3,692
3 29,793
195
10
3 31,308
9,994
25
7
175
6
10, 207
85
85
61,306
3 8, 736
48
48
6,005
1,013
All obligations of U. S. Government corporations and agencies, not guaranteed by United States.
»Includes obligations of U. S. Government corporations and agencies, not guaranteed by United States.
281,751 100, 573
41, 007 28,907
117, 653 76,011
8,428 16, 903
1,160 31,840 23, 227
1,160 480, 679 245,621
91
1,110
103
Stocks of Stocks
of
For- domestic
corpo- foreign
eign- rations
corpopublic
rations
and
private
1,188 814,943 513,022
8,736
9,502 153,495
46, 390
* All other bonds, notes, and debentures.
130,931
TABLE N O . 45.—Assets and liabilities of active mutual savings banks, June 80, 1989—Continued
fcO
[In thousands of dollars]
Demand deposits
Location
Maine
N^w TTampshirft
Vermont.
Massachusetts
Rhode Island
. _
Connecticut
Total New England States.._
New York
New Jersey
_
Pennsylvania
Delaware
Maryland
Total Eastern States
Ohio
Indiana
"Wisconsin
Minnesota
Total Middle Western States.
Deposits
ofindividuals,
partnerships,
and
corporations
92
92
Deposits
of
U.S.
Government
1
1
Time deposits
Deposits
of States Deposits Deposits
and
of banks of banks
political in the
in
subUnited
foreign
divisions States countries
Savings
deposits
127 421
192,346
56,768
2,141,742
176, 851
721,453
3,416,581
26
26
1,415
*
162
1,577
=
8
505
357
29
513
357
29
Certificates of
deposit
13
13
5,493,746
338,458
591, 718
38,867
222, 741
6,685,530
121,385
18,004
4 358
66,109
209,856
164
219
383
Deposits Christaccumumas
Open
lated for
acpayment savings
and
counts
of
similar
personal accounts
loans
2
935
1,043
167
11, 219
564
4,852
18, 780
13
13
21,079
2,524
2,185
86
1,514
27,388
2
61
61
Deposits
Postal Deposits
States Deposits
sav- of and
of banks of banks
in
ings
in
the
political United
foreign
desubposits divisions
States countries
329
24
142
26
471
50
87
25
77
95
259
25
61
187
35
103
298
6
7
61
325
304
7
67,654
2,221
69,875
Washington ._
Oregon
___.
Total Pacific States
Total United States
Deposits of individuals, partnerships, and
corporations
2,182
1
383~
29
10,381,842
65
65
65
65
396
76
46,493
365
737
205~
=====
TABLE N O .
and liabilities of active private banks, June 30, 1939
46.—
ASSETS
[In thousands of dollars]
Loans and
discounts
Number (including
of banks rediscounts
and overdrafts)
Location
Connecticut
_
New York
New Jersey 3
Pennsylvania
._.
Total Eastern States
South Carolina
Ohio
Indiana
Iowa
_
_ ._ _
Total Middle Western States
Kansas .-
_- -
Total United States
1
2
Investments
4
414
115
31
98
11
9
1
18
58,471
15
7,916
483,249
12
57,054
3,767
3
560
111,026
1
16,384
126
1,853
36
410
28
66,402
540,315
4,330
127,411
1,979
497
1
633
31
30
229
13
16
1
2,146
1,571
208
570
1,198
38
90
147
3
535
1,470
91
66
49
8
109
93
30
3,925
1,806
240
2,096
123
12
9
3
542,267
4,643
129,843
2,116
1
2
64
71, 376
Includes reserve balances and cash items in process of collection.
Includes figures for 1 branch of a New York bank.
Investments
Real
Bank
and other
estate
assets
Balances premises owned
owned,
Currency
indirectly
with
other
representing
and coin
other 1 furniture
than
bank premand fixbanks
bank
ises or other
tures
premises real estate
Interest,
Customers' commissions,
rent, and
liability
on accept- other income
ances outearned or
standing
accrued but
not collected
523
__
Other
assets
g
3
Total
assets
154
1,346
H
M
o
o
3,676
14,889
1,186
719
3,108
677,160
67
87,285
3,676
14,889
1,186
3,827
764, 512
1
953
2
1
3,516
4,531
348
202
2
1
8,395
1,251
3,678
3,983
775,232
o
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 30,1939, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities
were not available direct from State banking departments.
a
29
I
o
26
14,889
1,186
to
GO
TABLE NO. 46.—Assets and liabilities of active private banks, June SO, 1989—Continued
LIABILITIES
[In thousands of dollars]
Time
De- deposits
(includOther Total
mand
ing
dededepostal
posits
* posits
posits
savings)
Location
Connecticut
New York
New Jersey
Pennsyl vania
403
293
696
105
145
563,970
17,525
6
13,013
sST 582,048
1,300
11
74,937
134
625, 748 30,544
699 656,991
1,434
61,778
Total Eastern States
South Carolina
409
-
Ohio
Indiana
Iowa
Total Middle Western States
Kansas
Total United States
---
Bills pay- Mortgages
able, reor other
discounts,
liens on
and other bank
premliabilities
ises
and
for boron other
rowed
real estate
money
128~
146
T
1,381
996
96
7
3
1
2,863
4,051
317
4,747
2,473
11
7,231
631,318
15,322
152
Other
Undiliabili- Capital
vided
stock Surplus profits
ties
11
15,322
56
152
7lT 665,467
1,539
156~
15,322
—.
w
243
55
100
1,908
30,800
27,321
57
159
18,083
4
676
27,378
159
18,763
3,936
40,310
400
=
3
Eeserves
2
2,028 « 9, 510
11
33,438
56
Interest,
taxes, and
other exexpenses
accrued
and
unpaid
53T
1,475
3,052
220
IT
Acceptances
Interest,
executed
discount,
by or for
rent, and
account of other inreporting come colbank and lected but
outstand- not earned
ing
15
1
294
226
25
198
175
159
72
6
1
7
1
545
373
237
8
10
5
41,508
27,811
511
18,771
153
3,938
w
O
i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
* Includes surplus and undivided profits.
9
Loans and discounts
Location
Commercial and
industrial
loans
Connecticut
New York
N"ewJersey__
Pennsylvania
Other loans
for the purpose of purchasing or
carrying
stocks, bonds
and other
securities
9,616
9,634
Real-estate loans
On farm
land
148
_.
.
Agricultural loans
Openmarket
paper
Loans to
brokers
and
dealers in
securities
...
32,672
32,672
3,975
1
4,225
9,616
9,634
__
25
42
200
*594
225
_.
636
•
„
Total Middle Western States.—
Loans to
banks
263
433
10
1
239
1713
160
263
433
10
1
239
873
Overdrafts
3
n
•
839
115
15
1
6,838
34
8,505
873
615
13
1
1
21
1,432
444
208
21
2,084
Kansas
Total United States
AD other
loans
67
=
2
South Carolina
Ohio
Indiana
Iowa
On other
properties
1199
1
250
Total Eastern States
On residential
properties
o
2
33,083
434
4,235
9,616
9,635
466
1,710
36
1
11, 273
W
887
H
i All real-estate loans.
3
Includes loans on other properties.
9
to
TABLE N O . 46.—Assets and liabilities of active private banks, June 80, 1939—Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government
U.S.
Government
direct
obligations
Location
Federal
Farm
Mortgage
Corporation
Other
Government
corporations
and
agencies
Other bonds, notes, and debentures
Obliga- U. S. Governmen t corporations and agen cies, not
tions of
Other domestic corporations
guaranteed by IJnited
States
States
and political subdivisions
(includOther
Federal Governing war- Federal intermeAll
rants)
ment
cor- Rail- Public Indusland
diate
other
roads utilities trials
banks
credit porations
and
agenbanks
cies
Reconstruction Finance
Corporation
Home
Owners
Loan
Corporation
346,366
11,869
20,653
801
10,739
61,987
33,635
423
4,921
1,154
202
8,892
380,001
12,292
25,574
1,955
10,941
70,879
56
Connecticut
New York
New Jersey
Pennsylvania
n
Stocks of Stocks
forFor- domestic ofeign
eigncorpo- corpopublic rations rations
and
private
._
Total Eastern States
South Carolina-
657
256
256
465
465
1,698
4,382
1,096
2,571
2,794
6,953
4,272
1,103
2,020
4,272
3,123
59
2,732
6
9,011
6
2,140
67258
2,738
11,157
6,258
25~
Ohio
Indiana
Iowa
Total Middle
States
_
657
Western
6
277
594
38
70
10
101
17
188
246
4
5
15
17
21
7
43
29~
16
909
70
111
17
434
9
15
38
50
45
63
24
21
25,644
2,066
10,958
71,338
666
480
2,832
7,003
4,317
3,242
2,762
11,243
30
33
5
19
3
18
380,910
12,292
256
§
w
Kansas ...„___
Total United States
B
a
o
6,258
Demand deposits
Deposits of individuals, partnerships, and corporations
Deposits Depos- Deposits
of indiDeposits Deposits
its
of
of
States
Postal
viduals,
of banks of banks
.S.
and
savDeposits
partner- U
in the in foreign SavGovpolitical
ings
deCertiaccumulatChristmas
ships and ernUnited
counOpen posits
subdificates
ed
for
paysavings
ings
corpora- ment
States
tries
acvisions
of
dement
of
and
similar
depostions
posit
personal
accounts counts
its
loans
Location
Connecticut
New York .
New Jersey
Pennsylvania
Time deposits
_
403
-
293
—
434,557
59,150
- - - -
493,707
Total Eastern States
366
South Carolina
=
43~
61,835
220
2,408
263
64,243
67, 535
67,535
1,025
2
1,184
7,466
5,942
2,209
7,468
1,240
2,162
137
235
890
83
766
466
28
615
530
68
Total Middle Western States..
3,539
1,208
1,260
1,213
-
11
Total United States
498,026
Kansas
11,149
3
2,750
866
Q
O
157
11,149
160
866
2,750
128
43
64,243
67,535
7,495
3,550
g
3
= = =
=
1,514
I
W
1,730
6
4,206
-
Ohio
Indiana
Iowa
Deposits
Deposits
of States Deposits
of banks of banks
and
in
the
foreign
political United incounsubdiStates
tries
visions
7,468
11,149
160
866
=
2,750
H
W
fel
o
d
to
TABLE NO. 47.—Assets and liabilities of all active banks other than national, June SO, 19S9 (includes State (commercial), mutual savings, and
private banks)
ASSETS
[In thousands of dollars]
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
_
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
_
Total Southern States
Loans and
discounts
Number (including
of banks rediscounts
and overdrafts)
Investments
Investments
Real
CusInterest,
and other
Bank
tomers' commissions,
assets indi- liability
Balances premises owned
rent,
and
Currency with
rectly repre- on ac- other income
owned,
other
senting bank ceptances
and coin
than
other l furniture
earned
or
premises or
and
bank
banks
accrued but
fixtures premises other real outstand
ing
not
collected
estate
3,485
868
1,460
18,220
5,451
14,357
26,291
15,651
10, 612
205,255
37,340
122, 793
43,841
417,942
70, 551
247,834
8,720
713
2,321
119,005 4, 756, 299
22,566
237,154
39,728
546, 552
2,238
61,430
9,543 159,775
3,684
37,078
254, 521
41,077
79,816
2,969
10,362
8,353
397,604
73,445
124,973
1,709
6,231
2,928
38,039
3,762
23,813
678
595
2,303
62,704
151
136
71,066
5,292
63
55
42
264
23
154
69,807
71,902
59,146
1,229,934
131,749
476,814
139,121
136,404
47,404
1,367,460
601
2,039,352
2,402,904
451
167
409
31
127
13
5, 572,329
420.936
725,142
70,079
143,423
57,351
6,932,076
605,341
1, 545, 574
98,090
290,705
52,096
6,989, 260
9, 523,882
196,764 5,798, 288
397,098
1,198
185
103
186
131
232
118
149
181
116
398
167
318
228
134,048
63,764
128,124
2,512
915,379
85,388
29,013
40,288
52,377
53,407
84,420
36,502
111, 562
70, 217
466,456
30. 294
5,660
4,534
8,777
2,661
4,414
3,723
2,935
4,372
4,725
6,633
1,975
5,816
3,646
55, 612
45,157
116,929
23,277
48,337
39,192
26,011
36,962
54,196
67. 799
25, 787
66,618
41,668
585,869
59,871
647, 545
62,856
36, 552
114,133
21,056
30,780
29,554
27,169
47,136
51,176
50,026
19,054
2,895
2,240
2,282
31,647
12,993
18,494
3,645
6,525
1,146
4,913
8,011
13,586
158,829
6,451
56,044
3,012
276
48
2,235
5,926
235
476
4
142
995
877
336
599
341
69,190
83,516
1,127
1,206
22
361
136
974
78
160
66
184
35
155
56
78
251
71
1,937
1,622
3,149
2,450
4,285
1,389
5,345
4,420
2,150
679
4,690
1,106
1,639
1,221
1,180
2,165
956
3,900
2,929
40
406
1
119
3,292
1
49,065
29,435
6,918
21
5
145
4
36
615
265
2,605
Other
Total
203
247,059
257
235,333
359
135,039
9,277 3,024,085
593
447,915
8,227 1,163,663
18,916
5,253,094
56,561 18,260,204
3,432 1,413,156
21,556 3,113,172
67
237,596
621,925
692
164.307
173
82,481 23,810,360
854~
271,793
676
159,478
1,123
378,778
84
75,255
574
179,420
564
105,565
313
100,162
953
146,328
5,786
176,371
293
215,685
220
85,961
6,894
266,594
154,665
19,103
2,316,055
Ohio
-—
Indiana
Illinois
Michigan.- _.
Wisconsin
Minnesota
Iowa
Missouri __ _ _
Total Middle Western States
North Dakota
_ __
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
_
_ __
California
Idaho
-_.
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of
possessions)
- - - _ __
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions
Total United States and possessions
1
2
119
2,586
1,060
117
240
49
1,204
1,668,385
471,481
1,329,129
795,857
464,714
300,992
447,030
945,946
431
7,308
13,709
6,323,534
40
35
13
48
142
26,550
39, 796
78,555
192,196
66,289
19, 851
64,692
13, 635
61, 610
31,038
9,365
13, 559
16,173
8,536
4,083
5,273
12,115
24,971
8,288
6,034
4,041
4,818
2,414
1,481
8,084
6,602
891
1,412
1,464
604
5
848
1,040
180
2,404, 373
133, 990 1, 642, 260
100,142
60,131
11,866
774
885
1,304
3,502
1,032
411
978
164
611
693
381
228
1,123
252
69
270
59
70
1
5
14
83
520,496
160,569
280,615
230,762
161, 665
110,979
220,427
263,811
567,802
160,098
575, 627
331,322
176,694
130,398
116,443
345, 989
3,808
1,949,324
36,760
12,666
24,167
20,324
9,971
5,175
10,356
14, 571
119
124
290
498
70
32
66
19
182
9,376
16,004
36, 304
79,975
17,147
8,897
19, 382
5,205
21,915
8,259
11,332
17, 786
49,971
23, 610
3,407
18,347
3,328
15, 790
751
831
1,621
3,383
1,334
524
1,859
467
1,594
6,507
10,248
21,185
53,605
22,718
6,523
23,649
4,409
21,435
1,400
214, 205
151,830
12,364
170, 279
9,661
3,145
100
48
128
32
46
5
7
53,740
16,470
528,420
15,066
35,824
1,004
8,550
61,806
16,046
565, 768
18, 318
28,379
1,309
10,493
2,183
1,247
14, 270
1,311
1,326
124
948
24, 597
9,622
236, 615
16,029
25,389
679
8,657
1,335
564
26, 768
714
935
46
311
366
659,074
702,119
21,409
321, 588
9,885
12, 766, 594
15, 770, 977
9
2
1
11
15
13
1
3,934
276
267
31,851
111, 431
28,180
43
3,546
656
225
31,950
21,960
3,474
94
52
175,982
61, 905
9,937
12,942, 576
15,832,882
'•a
321
525
5,974
2,214
1,221
92
84
3,278
379,436
118,806
419.038
188,486
101,086
47,606
92,067
295, 735
461
386
531
374
477
491
539
549
117
11
2
5
79
4
149
75
100
606
54
19
78
3
186
154
5
361
1,170
563,174
245
435
18, 267
64
244
6
380
7
4
48
6
286
26
36~
28
1,195
5
486
149
3,711
215
152
30, 673
19,641
353
468, 239 8,997,902
657,190
967,076
97,201
690
661
27
4,533
31, 297
6,372
9
1,813
373
27
13, 520
21,745
4,551
31
176
69
3
2,157
2,328
977
1
3
1,087
2,258
815
9
43, 589
42,060
5,642
511,828 9,039,962
662,832
1
45
5
9
31
186
144,461
44, 565
1,398,096
51, 728
92. 535
3,177
29,558
3,060
1,304
4,899
1, 764.120
67,465
97,415
221
12
54
232
4,912
2
22
69
97
2
4,241
233
5,198
192
971,317
97,434
72,663
97,607
3,034
2
140, 278 40,030,337
145
7,301
12
334
17,396
26,175
10,373
9,267
566
85,508
208,937
75, 566
189
51,363
390,405
191,641 40,420,742
Includes reserve balances and cash items in process of collection.
CO
TABLE N O . 47.—Assets and liabilities of all active banks other than national, June 30, 1939 {includes State (commercial), mutual savings, and
private banks)—Continued
LIABILITIES
[In thousands of dollars]
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode IslandConnecticut
Total New England
States
New York._
New Jersey
Pennsylvania...
Delaware.
Maryland
District of Columbia..
Total Eastern States-
AcceptBills payances
Time
able, redis- Mortgages
executed
or other
deposits Other
counts,
by
or for
liens
on
Demand (includTotal
and other
deprem- account of
ing
deposits
deposits liabilities bank
posits
i
reporting
ises
and
postal
for borbank and
on other
savings)
rowed
real estate outstandmoney
ing
30,846 181,177
3,874 205,746
9,403 100,651
356,753 2,311,384
62,418 321,502
180,363 840,155
999 213,022
55 209,675
153 110,207
11,367 2,679,504
1,698 385,618
2,836 1,023,354
643,657 3,960,615
Interest,
Interest, taxes,
and
discount,
other Other
rent, and
exother inliabilicome col- penses
ties
lected but
acnot earned crued
and
unpaid
271
73"
100
316
188
242
481
4
499
515
174
82
42
162
1,918
3,610
1,096
169
59
280
4,535
620
1,056
Capital
stocks
Surplus
Reserves
and retirement
Undi- account for
vided preferred
profits stock and
capital
notes and
debentures
10,153
1,227
15,653
38,665
13,382
23,871
3,155 9,645
16,018 7,285
1,529 2,183
179,077 107,459
38, 770 3,717
69,084 32,469
102,951
10,502
953
5,019
12,086
1,202
12,051
17,108 4,621,380
766
188
727
1,249
6,910
6,719
307,633 162,758
41, 813
8,780,646 6,807, 564
15,871,078
406,105 831,704 7,642 1, 245,451
1,187, 834 1,361, 828 16,021 2,565,683
120, 655
72, 301 2,035
194,991
210,786 333, 317 1,467 545,570
70,783
64,310 1,661 136, 754
9,039
2,013
1,114
2,423
125
396
75,355
151
136
8,237
1,881
1,761
169
646
298
19,106
1.647
7,350
313
520
447
97,295
3,039
10,598
269
819
327
522,526 1,348,738 138,124
70,890
61,412 11, 620
151,634
277, 862 38,148
10,083
19, 459
5,798
23, 395
28688 18,807
10,893
10, 111 4,216
168, 283
14,927
58,490
6,514
3,480
1,261
10,776,809 9,471,024 311,694 20,559,527
12,166
2,944
75,642
12,992
29,383 112,347
789,421 1,746, 270 216,713
252,955
3
1,568
53
1,460
104
896
73
83
119
174
101
7
286
520
669
243
845
37
238
58
51
163
225
251
42
310
209
1,105
86
763
116
367
121
22
218
272
165
28
7,677
142
20,149
14,012
19,220
4,924
15,688
7,499
8,008
11,400
11,588
21,008
7,383
23,291
12,765
9,214
8,250
13,059
2,509
9,031
4,414
3,630
5,069
5,300
7,251
2,305
11,610
4,071
4.071
2,984
6,198
1,276
4,169
1,244
2,185
1,331
2,421
3,892
1,871
3,810
3,467
2,484
1,427
3,293
520
1,186
975
1,074
1,274
1,829
1,399
722
1,671
1,634
5,444
3,341
11,082
176,935
85,713
38,919
19,488
108,670
71,978
238,005
46,091
94,346
61,231
54,344
82,436
110, 244
151,422
53,936
139,059
74,695
Virginia
West Virginia
North Carolina
_
South Carolina
_
Georgia...
Florida
Alabama.
Mississippi
Louisiana
Texas.
Arkansas
Kentucky. _
Tennessee.—.
Total Southern States. 1,286,457
121,866
59, 281
89,333
19,291
51,911
29,076
30,166
43,842
43,545
28,625
19,147
75,541
56,503
668,127
232,233
132,064
333, 281
65,732
146,999
91,004
84,805
126,662
154,495
181,346
73,397
217,592
131,731
287
356
638
30
701
173
300
88
42
255
206
309
90
16,757 1,971,341
3,475
1,697
805
5,943
350
742
697
295
384
706
1,299
314
2,992
533
21
7
145
4
50
267
fcO
Ohio
Indiana
Illinois
Michigan
*o Wisconsin
01 Minnesota
£g Iowa-q M i s s o u r i
»k
<?
734,909
183,677
401,140
403, 276
238,429
185, 417
162, 784
194, 227
7,863 1,389, 695
414,926
3,322
11,601 1,200,510
6,103
707,812
4,607
404,347
2,225
269,416
4,129
400,965
5,225
829,517
34
96
4,804
Total Middle Western
States
3,068, 254 2,503,859
45,075 5, 617,188
5,245
North Dakota
»-* South Dakota
^ Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
646,923
227,927
787, 769
298,433
161,311
81, 774
234,052
630,065
85
2
45
179
24
70
20
3,701
211
1,566
706
147
158
HO
932
2,623
240
4,247
1,480
772
123
823
7,554
104,487
32,182
50, 853
51,477
40,153
15,434
23,582
58, 317
44,501
14,233
28,960
17,758
9,421
9,402
11, 263
23,243
14,246
6,807
20,4D6
8,337
6,568
4,570
6,684
15,231
6,925
2,429
21,479
6,018
3,238
1,672
3,332
4,652
9
3
119
1,918
381
841
2,079
63
168
172
1,568
141
517
7,190
7,531
17,862
376,485
158,781
82,849
49,745
8
15
20
6
31
13
166
36
10
30
55
38
58
16
28
71
8
344
2
11
3
62
3,158
3,831
7,756
14,982
4,252
1,485
3,182
795
4,082
898
1,030
2,525
8,041
1,625
786
2,216
338
2,172
321
783
1,519
3,522
798
191
1,196
153
1,146
69
248
401
610
381
168
409
128
227
3
15
180
202
11
2
12,719
21, 987
46, 370
121,302
40, 477
10,165
35,749
9,526
42,024
9,174
11, 670
19,529
42,174
18,125
6,866
21,029
2,588
11, 268
152
198
372
1,001
486
104
532
102
595
22, 045
33,855
66, 271
164, 477
59,088
17,135
57,310
12,216
53,887
340,319
142,423
3,542
486, 284
419
5
281
490
260
43,523
19, 631
9,629
2,641
32, 352
18,890
426,058
31,610
39,977
1,815
12, 696
98, 581
20, 720
788,500
14,125
39, 943
948
14, 215
475
131,408
206
39, 816
11, 998 1, 226, 556
376
46, 111
748
80, 668
19
2,782
194
27,105
15
26
724
3,232
340
12
2,243
64
28
1
11
64
3
1,518
84
34
1
60
494
33
28,649
13
424
80
4,353
2,903
66,845
2,400
6,425
225
1,072
5,666
817
38,312
1,235
2,781
75
1,051
1,655
774
19, 532
1,053
1,746
82
143
440
207
10,485
768
414
11
36
563,398
977,032
14,016 1,554,446
754
3,258
2,699
1,764
29,693
84,223
49,937
24,985
12,361
Total United States
(exclusive of possessions)
16,678,894 17,723,080 408,192 34,810,166
22, 825
80,416
29,855
49,419 177,963 1, 573, 538 2,367,965 535,853
379,003
Total Western States..
Washington
Oregon
California
Idaho
Utah__
Nevada
Arizona
Total Pacific States
5
83
314
1
10
5
7
11
15
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii-.___
Philippines
Puerto Rico
American Samoa
4,440
6,389
59
29, 492
72, 657
31,149
60
4,525
2,612
330
40,939
73,119
26, 421
97
59
29
1
346
2,730
1,605
9,024
9,030
390
70, 777
148,506
59,175
157
57
58
118
126
Total possessions
144, 246
148,043
4,770
297,059
Total United States
and possessions
16,823,140 17,871,123 412,962 35,107,225
3,334
525
305
401
118
25
5,930
13, 628
3,469
25
35
4,533
7,234
808
4
34
1,409
1,174
356
3
10
2,283
4,977
1,051
23,602
12,919
3,377
8,439
50,732 213,361 1,597,140 2,380,884 539, 230
387,442
12
54
232
5,469
5
2,116
45
125
886
289
224
15
328
30,066
4,765
359
18
5,755
2,166
1,313
35,398
23,184
3,352
86,171
32,021
13
i Certified and cashiers' checks (including dividend checks), letters of credit and
travelers' checks sold for cash, and amounts due to reserve agents (transit account).
10
6
2
Includes capital notes and debentures.
(See classification on pp. 256 and 257.)
to
TABLE N O . 47.—Assets and liabilities of all active banks other than national, June 80, 1939 {includes State (commercial), mutual savings, and
private banks)—Continued
to
bO
[In thousands of dollars]
Loans and discounts
Location
Maine
New HampshireVermont
Massachusetts-_.
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of ColumbiaTotal Eastern States-
Commercial and
industrial
loans
Agricultural loans
11,603
1,069
3,834
48893
15,931
41,346
808
3
539
609
71
356
122, 676
2,386
Openmarket
paper
456
20
45
20,316
2,010
28,395
Loans to
brokers
and
dealers in
securities
Other loans
for the purpose of purchasing or
carrying
stocks,
bonds, and
other
securities
198
1,950
6
3,762
30
259
4,255
Real-estate loans
On farm
land
On residen- On other
tial proper- properties
ties
All
other
loans
Loans
to
banks
966
7,158
1,772
3,533
1,477
99
14,743
584
845
1,008
36,272
60,884
27,486
1,038,414
79,769
379, 555
5,548
1,666
5,723
19,066
13,899
8,913
140
15,379
18,756
1,622, 380
54,815
211
3,150,896
191, 734
223,900
22,904
35,645
22,026
115,744
62,481
52,425
1,998
30,143
8,193
31,843
71
321
1,362
78
463,984
90,104
175, 898
15, 619
38, 842
19,473
3, 647,105
270,984
33, 675
803,920
1,059,644
52,854
181,890
11,929
19,774
5,705
13,051
854
2,314
93
1,965
87,357
6,811
11,830
1,970
1,428
615
416,380
3,411
24, 545
4,830
1,139
269
216,871
11,122
43,847
6,688
7,432
1,001
8,041
1,468
7,908
2,674
6,970
64
1, 331, 796
18,277
110,011
450,574
286,961
27,125
51
20
Overdrafts
O
11,439
8,161
5,797
90,961
17,418
36,265
7
31
4
11
58
170,041
8,518
26
264
12
7
5
29,375
13,975
37, 568
5,042
21,535
7,380
6,507
7,121
12,487
18,723
3,944
3,139
1,571
9,222
7,305
12,109
1,925
13,354
15,803
5,801
29,294
18.627
3,265
1,297
4,041
55
164
337
120
239
112
422
183
375
247
770
206
369
682
135
488
528
289
61
1,659
5,306
7,946
808
1,709
1,018
628
763
1,246
1,043
181
9,322
3,598
7,782
1,224
5,219
1,421
2,742
7,449
4,815
1,229
2,077
22,185
15,191
10,413
2,714
14, 520
5,359
5,728
4,258
6,109
4,906
3,038
6,633
4,616
7,152
725
3,755
2,044
2,144
2,872
3,943
1,462
1,192
52
1,477
34
243
58,019
17,946
41, 749
8,123
25, 654
8r830
8,879
12,629
18,260
26, 765
7,159
W
8,832
-
Virginia
West VirginiaNorth Carolina.
South Carolina..
Georgia
Florida...
_
Alabama
Mississippi
Louisiana
Texas
Arkansas
o
•
24
17
4
33
111
17
38
745
74
244
15
a
ej
i
23,524
11,817
7,557
9,909
2,484
487
268
244
2,850
2,310
18,034 \
8,623
17,035
8,367
8,425
2,945
500
36
30,815
25,405
70
74
198,998
135, 616
13,206
4,662
27,467
73, 535
119,823
47,908
2,465
290,233
1,466
90,008
24,063
80,084
43, 584
44, 546
11,446
28,882
84,472
12,156
18,973
41,775
14,630
17,652
33,037
88,825
35,484
2,964
4,198
21,159
6,408
2,863
1,428
5,230
1,417
4,948
72
8,636
586
294
10
788
2,059
13,936
2,276
11, 513
9,376
5,711
571
1,066
7,882
25,802
19,918
13,616
12, 226
20,433
13,494
40,069
18,773
177,322
42,900
32,473
71,469
29, 350
23, 299
21, 513
42, 370
42,448
11, 765
5,780
19,057
12, 667
2,940
5,386
16, 577
36
160
92
93
618
159
242
199
150,824
36,223
65,428
53,290
27,457
24,516
28, 358
54,426
52
21
59
43
74
79
68
152
407,085
262, 532
45,667
17, 393
52, 331
164,331
440,696
116,620
1,599
440,522
548
797
1,129
2,859
13,951
2,239
811
5,036
1,275
2,973
5 725
9,729
22,892
30,846
7,044
4,807
6,501
1,951
10,747
58
253
638
979
1,237
31
370
148
103
9
14
105
169
748
1,720
162
921
79
108
852
1 285
3.738
9,394
734
490
442
104
837
543
1,111
1,097
7,017
1,422
1,275
1,660
445
761
195
798
275
1,490
550
285
609
157
185
Total Western States
31,070
100,242
3,817
432
4,026
17,876
15, 331
4,544
Washington
Oregon
California
Idaho___
_ _
Utah
Nevada.__ _ _ _ _ _ _ _ _ _
Arizona
_
5,144
3,128
87,986
2,187
6,522
186
1,193
4,326
2,658
15,848
5,403
5,775
336
1,238
374
60
4,783
506
996
1
3
5,255
1
445
371
185
19,429
373
802
6
201
1,594
1,060
25,449
656
2,105
82
446
32, 234
3,732
210,940
1,693
8,503
98
3,012
106,346
35, 584
7,054
5,705
21,367
31,392
2,197,971
554,637
208,150
483,021
407,531
333,015
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 Pacific States
Total United States (exclusive of
possessions)
Alaska
Canal Zone (Panama)__
Guam
The Territory of Hawaii
Philippines _
Puerto Rico
American Samoa
_
_ __
Total possessions
Total United States and possessions.
47
10
7,936
20,556
11,653
2
41
7,688
1
163
7
252
335
1
119
1,393
632
102
3
1 182
1,555
4,582
15,013
2,168
1,021
3,566
1 045
6,158
10
16
29
98
26
15
8
1
29
345
36,290
232
2,139
1,459
98,840
1,152
4,460
146
998
25
17
268
5
7,459
4,155
59,363
3,043
6,151
146
1,126
73
13
259
47
65
4
1
260,212
109,194
315
81,443
462
6,105,547
604,065
38,610
1,822,449
11, 598
2 759
226
64
10,023
63, 643
4,746
32
16
2
23
24
276
17
5
1 159
35
539
128
480
444
4
9
14, 375
2,368
70
11,903
10,155
435
6
424
1,010
744
40,204
7,729
2,250
574
1,052
16,756
23,728
2,178
2,238,175
562, 366
210,400
483,595
408,583
349,771
6,129,275
606,243
38, 610
81,493
18
1,903,942
11,616
TABLE NO. 47.—Assets and liabilities of all active banks other than national, June 30, 1939 {includes State (commercial), mutual savings, and
'private banks)—Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government
Other bonds, notes, and debentures
Obligations of
Location
U.S.
Govern- Reconment
struc- Home
direct
tion Owners'
obligaFiLoan
tions
nance CorpoCorpo- ration
ration
60, 801
Maine
29,187
New Hampshire
20, 421
Vermont
765,
618
Massachusetts
120, 313
Rhode Island
196,
839
Connecticut
Total New England
1.193.179
States
4, 275, 508
New York
267, 471
New Jersey
60:), 770
Pennsylvania
31,813
Delaware
153, 630
Maryland
31,058
District of Columbia
Total Eastern States. 5, 369. 250
24. 651
Virginia. .
14,028
West
r Virginia
40, 421
No th Carolina
5,450
South Carolina
14,831
Georgia
11, 272
Florida
9.529
Alabama
6,368
Mississippi
.
13,146
Louisiana
15,784
Texas
_-
210
159
269
7,067
4,397
2,156
4,189
7,439
1,650
20,617
6,870
16, 844
Other
Federal GovernFarm
ment
Mort- corpogage
Corpo- rations
and
ration
agencies
1,447
7,325
1,634
4,724
2,662
4,566
14, 258 57,609 22. 358
236,881 450, 631 106, 853
9,727 33, 646
4,757
11, 707 85, 071 23, 716
841
903
6,045
5.324
818 13, 518
331
7, 005
1,634
260, 305 595. 916 143,187
7.812
1,594
709
826
403
2,938
4,915
2,107 17,193
381
919
1,259
399
1,014
1.093
77
2,670
9
442
2, 580
741
87
1,801
368
591
3,270
1,420
176
3,581
U. S Government corporaStates
tions and agencies, not
and
guaranteed by United
political
States
subdivisions
(includFederal
Other
ing war- Federal interme- governrants)
land
diate
ment
banks
credit corporabanks tions and
agencies
7,915
8,665
3,742
104, 833
5,885
38. 359
94
2,933
56
978
72
67
169, 399
10. 265
796, 858
92,180
4.521
91,153
192, 797
5,235
12, 078
1,823
954
11, 562
333
1,160
105, 046 1,105, 608
589
12, 648
233
9,063
306
39,972
86
11, 764
212
6,572
330
11.927
95
10, 782
366
36.364
134
33. 430
1,333
23,195
4,200
3,145
937
5,090
37
6,127
1.581
16,917
1,016
607
1,427
89
63
357
84
34
21
415
296
34
118
5,294
1,422
3,101
74
1,307
445
62
550
302
296
1,752
1,284
40,064
111
835
24,134
6,558
3,570
55
2,870
807
37,994
1,015
42. 025
1.055
22
4
2
911
156
2.064
10
75
91
18
49
46
364
Other domestic corporations
Railroads
Public Indusutilities trials
16, 716 27,312
24, 774 29,366
3,324
8,893
238,146 145,616
23, 346 37, 839
69, 399 58,866
All
other
Stocks of
Federal
Reserve
banks
and
Forother
eign- domestic
public corporaand
private tions
6,080
1,507
752
5,350
1,233
942
3,672
7,564
2,361
2,374
2,631
31, 415
7,074
15,989
3,813
58,458
34, 554
40,887
375, 705 307,892 17,945 15,864
380, 543 215,675 73,498 59,142
71, 867 57,083 17,469 15,810
228, 325 169, 210 65,139 37, 494
14, 393 19, 222
1,454
3,908
40,174 30, 006 10, 734
3,334
2,303
2,649
479
1,198
737, 605 493,845 171,946 117, 713
3,040
1,876
2,945
1,535
1,932
1,156
1.744
548
1,515
606
911
1,043
907
630
153
231
1,635
1.395
776
254
674
461
93
122
1,290
407
853
183
137
106
108
539
234
195
185
590
418
435
450
744
50,017
35, 930
2,903
15,945
1,346
4,406
423
160,775
133.816
20,934
91.060
4.172
6,134
1,135
257, 251
2.044
2,677
1,591
372
2,084
323
739
377
932
1,639
3,157
1.449
204
6,502
4,359
2,274
60,953
431
219
58
64
209
64
152
57
34
71
Stocks
of foreign
corporations
84
13
105
26
174
402
7,218
394
610
99
8,321
6
2
1
to
Or
Arkansas
Kentucky
Tennessee
Total Southern States
Ohio
Indiana
Illinoisor
]VIiohi an
Wisconsin
--- -
IVTinnpsota
Iowa
MissouriTotal Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Wyoming
New Mexico
Oklahoma
Total Western States
Washington
-
California
Idaho
Utah
13, 430
1,325
6,626
4, 582
968
1,900
1,984
3,645
8,692
13, 288
15, 643
233, 340
77, 725
24, 002
149, 712
69, 067
29, 063
20,904
30,146
66, 646
110
1,029
15
5. 267
8, 004
1,343
824
891
479
1,018
1,602
3,425
1,458
863
3,222
668
4
1,296
1,227
813
2,047
1,450
556
264
443
3,160
59, 507
34,460
467, 265
17, 586
7,511
9,960
548
580
1,656
3,983
985
508
1,219
278
599
53
50
253
640
267
34
66
7
223
1,593
2,352
5.353
3,462
16, 552
4,398
734
5,371
932
9.357
57
327
382
406
293
12
160
169
53
1, 859
10
5
12
65
144
479
17
4,009
1, 285
73
25
11,460
5.040
138, 505
4,668
5. 703
331
3,089
5,888
168, 796
118
774
6,056
162, 448 2,192,919
46, 603
58, 454
1, 415
4,213
1,776
49. 044
53, 917
11,042
26,129
40, 204
9,077
10, 492
8. 085
28, 434
341
4,050
653
20, 221
14, 661
4.715
7, 435
7,078
5,376
7,190
6,677
6, 375
1,073, 265
47, 448 187,380
3,274
3,888
10,117
22,166
13, 439
1,494
6, 510
1,503
4,821
34
478
109
5
85
5
69
1,032
172
707
4,080
1,797
364
1,167
149
609
67, 212
785
10, 077
10,356
27,850
7,374
332, 464
5, 492
16,073
751
4,931
394,935
312
2
5,799
22
31
4,602
1,362
18, 268
3,649
2,131
91
1,081
31,184
5,084
429
4,889
1,992
1,099
15
109
13, 617
155
6,636 ]
508
26,844
70
7,755
194, 715
5, 291
274, 343 13, 660
4,612
79, 549
239, 712 20, 519
3,919
157, 436
1,044
59, 997
336
43, 842
954
48, 020
2,404
170, 366
Arizona
-Total Pacific States. .
Total United States
(exclusive of posses8, 292,
sions)
3
6,169
556 334, 256 931, 210 269, 246
652
623
237
5,196
48, 511
59
16
381
86
114
15
2
1,100
10
5,654
402
131
881
71
4, 867
101
3,633
302
130
4, 255
261
11,913
193
3 406
531
12, 348
19, 020
6,770
28, 848
11 126
18, 902
4 389
4,670
10, 655
356
1 855
564
S. 564
41
380
141
1,921
101
1 103
2, 270
16,252
35 198
2,910
3 442
2 920
3 138
32 311
3,365
3,142
3 665
1,178
11 434
2 753
2 862
844
687
3,915
10 006
3,344
1 638
1 205
1 247
37
273
27, 644
113,214 123, 226 104, 380
86, 426
27, 338
45, 394
61
120
98
25
31
47
444
91
12
929
95
43
246
64
115
51
592
39
40
19
527
148
18
91
141
16
1.039
15, 818
23, 652
8,532
30, 228
13 190
20, 241
4 413
5,136
7,822
17, 835
9,095
43, 811
14 833
23 744
2 458
4,397
7,053
37
15
10
257
305
231
148
738
39
978
6
6
208
178
263
483
558
76
892
32
288
2,708
2,690
3
7
1,624
12
50
5
669
200
15, 425
368
300
68
298
955
707
15,891
325
1 089
24
368
1,701
17, 328
19, 359
278
264
253
265
732
25
735
15
2,567
1 068
443
8,126
197
551
1,206
202
181
2,116
89
50
7
13
2
156
2,794
86
130
4,621
67
445
10
54
5,413
56,094 1, 262, 378 958,925 319, 688 247,092 .144, 229
486,124
8,755
117
10. 502
1,408
Canal Zone (Panama)
Guam
The Territory of Hawaii. ...
PhilioDines
"Pnprto Rico
American Samoa
Total possessions
Total United States
and possessions
8,977
138
7,991
66
266
14
144
17, 596
3
12
1
5
1,980
5
7
158
656
225
19,726
7,386
2,085
45
6,437
8,803
859
430
16,099
8,323,431 334, 256 931,291 269,676
162,448 2,209,018
30, 875
46
430
35
81
46,603
58, 454
1,702
8
211
191
1,618
153
150
112
683
965
131
33
60
1,921
3,942
918
1,937
93
56, 814 1,263,366 962,826 321,609 251,034 145,147
488,061
8,848
720
951
20
1,601
2,268
720
17
988
3,901
32
TABLE NO, 47.—Assets and liabilities of all active banks other than national, June 80, 1939 {includes State {commercial), mutual savings, and
fcO
private banks)—Continued
[In thousands of dollars]
Capital stock, capital
notes, and debentures
Demand deposits
Time deposits
Deposits of individuals, partnerships, and
corporations
Location
Maine
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
Capital
Prenotes
ferred
and
deben stock
tures
1,309
•~6,~038
4,629
325
6,965
7,307
1,112
3,028
7,347
23,366
51,633
600
19,652
31,762
24,806
187
5,355
1,243
59,018
76, 220
5,244
2,817
557
1,671
83
72
4,317
4,593
17
773
2,600
4,999
3,281
2,311
Deposits
of indiCom- viduals,
partnermon
stock ships, and
corporations
Deposits of
United
States
Government
4,215
902
2,650
31,358
12, 270
20,843
23,072
2,874
7,956
292,435
51,349
143,850
791
29
98
12,848
16
1,577
5,993
813
1,307
21,289
8,857
22,351
990
158
42
29,987
1,915
12,585
72,238
521,536
15, 359
60,610
45,677
Deposits Deposits
of States of
and po- inbanks
the
litical
subdi- United
visions States
Deposits of
Deposbanks
its acin forcumueign Savings Certifi- lated
coun- deposits cates of for paytries
i ment of
deposits
personal
loans
772
31
250
5,386
1,418
2,529
Deposits of
Postal States
Christsavings and pomas
depossavings Open
litical
its
acand
subdisimilar counts
visions
accounts
Depos- Deposits of its of
banks banks
forin the ineign
United counStates
tries
2,431
1,700
1,201
482
13, 522
3,194
6,127
3, 905, 959
10, 386
2,615
26, 226
451, 241 6,015, 750 134,249
9,159
325,641
38, 528
951,044 37,388
126,828
112,412
422
9,896
157,937
18,040
9,175
68,201
84
9,650
293,722 1, 938,193 398, 732 6, 324,831
54,011
16,950
344
796,910
74, 213 125,113
76 1,179,937
6,451
1,370
67,497
22,162
21,424
318,575
2,424
26
58,884
25, 240
4,844
51,408
607
1,307
73
1,116
2,474
2,609
1,496
2,087
31, 743 251,802
10, 552 4,816
21, 795 60, 312
289
1,385
3,720 5,576
1, 936 1,200
1,995
432
394
15
654,183 7,630,985 190,477
450, 585 2,105,474 399,288 8, 746, 634
83,479
9,782
70,035 325,091
2,836 108,657 118,029
8,085
6,710
13,618
2,451
11, 288
302
4,873
14,799
10,639
11,961
5,984
7,039
126
5,204
69
601
569
270
189
5
669
2
14,905
11,195
14,627
4,350
14,017
6,726
5,408
6,318
8,235
16,691
5,072
77,340
57, 248
117,272
36,179
68,995
50,139
41,803
53,015
68,683
126,791
39,911
1,552
98
2,386
102
2,379
254
1,528
291
2,722
1,506
7
9,895
9,479
47,671
6,962
8,380
10,076
5,806
24,475
34,486
18,136
9,623
19,807
5,153
70,676
2,848
14,592
762
5,207
4,655
4,300
4,989
4,395
177,386
204,380
194 2, 288, 765
281 315, 523
821,058
76
53
95,057
50,128
57,166
15,404
36,812
24,864
24,306
26,919
28,384
12,615
12,118
1,786
666
819
307
378
89
33
373
314
150
97
4,851
414
2
10
942
45f
170
6,367
1,993
89
1,356
1,167
434
1,945
236
134
74
35
52
525
74
1,492
923
4,248
216
896
904
282
1,145
1,649
366
761
830
49
935
964
886
2,773
36
354
26
216
6,437
632
54,559 111,792
11,571
537
38,357 5,415
1,933
158
2,237
12
6,481
115
6,317
128
2,710
566
651
2,159
67
245
2,400
2,276
10
923
166
3,623
42
1,151
115
300
172
102
63
101
6,481
Kentucky
Tennessee
Total Southern
States
Ohio
Indiana.
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska
_ __
Kansas
Montana __ -.
Wyoming
Colorado
_ - __ .
New Mexico
Oklahoma
Total Western
States
Washington
_. _
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States.
Total United States
(exclusive of possessions).-.
__
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii. _
Philippines
Puerto Rico
American Samoa
Total possessions. _.
Total United States
and possessions . . .
100,364
57,078
4,665
3,456
18,626
9,309
9,517
31,939
135,479
33,092
10,293
4,051
1,032
70,363
21,889
46,802
35,180
27, 232
13,384
20,257
52, 533
287,640 2,242, 271
16, 297
12,921
2,050
4,072
3,325
1,712
66, 479
22,366
898
728
537
10
139
2,302
648
827
2,750
1,136
5,361
2,481
1,412
25, 950
12,165
10, 227
4,040
894,818
16, 718
223,104
151, 651
497,418
154,030
618,176
234, 257
123,975
60,981
169,803
383,631
12,025
2,874
11,129
4,056
2,044
248
1,680
19,372
76,819
65,400
50, 313
47, 200
27,130
19,171
56,683
42, 784
60,205
5,623
107,607
12,849
8,162
1,374
5,886
184,108
26,361
19, 539
1,095
804
166
460,677 136,610
456
653,801
136,802
350,151
382, 528
189,312
125, 505
93,005
139, 866
37
5,336
13,931
20,488
8,312
6,352
1,069
5,192
64
512
13
492
694
2,404
749
320
1,447
922
1,669
388
1,115
17, 829
20
7,274
2,012
2,346
4,110
217
808
1,973
1,323
104
1,010
779
526
49
848
1,241 2,070, 970 340, 310
14,265
13,684
14, 388
9,014
34, 616
6,612
2
24
317
48
5
8
6
39
268
1,126
66
312
864
116
90
6
361
47
31
23
297
178
152
151
102
101
513
125
43
29
24
47
451
397
52
1,135
3,209
870
5
288
67
21,123
10
124
2
579
13,080
165
85
13,438
100
30
2,100
13,910
13,818
2,100
29,485 187,317 148,273
8, 581
544
71
170
385,814
404
285
359
2,951
4,186
158
1,597
16
514
2
512
2,065
642
721
622
277
82
1,513
6,623
7,405
35,436
8,711
2,190
4,321
2,140
9,280
4,931
36,290
250,002
2,225
77,619
10,470
3,705
2,076
49,679
1,702
5,188
177
1,072
26, 544
14,253
319,144
21,096
27,940
920
10,102
261
274
8,436
221
83
5,015
3,976
20,505
9,218
6,657
891
2,445
532
387
71, 992
1,075
5,297
4
135
63,599
419,999
9,275
48,707
79,422
1
3,057
4,176
5,304
16,203
12, 797
5,220
18,724
1,985
4,660
5 651
6,233
13 997
24,249
4,104
1,481
1 976
573
5,919
3
72,126
64,183
14
95,964
18, 242
715,652
11, 956
37,639
818
13,240
2 038
1,645
20,572
1,986
1 794
105
676
5,995
893, 511
28, 816
5,981
150,024 174, 085 1, 249,429 11,959,611 287,482 1, 246,125 2, 778, 508 407,168 16,149,877 663, 784
25
5,930
13,628
3,019
25
450
450
23,152
85,556
6,477
2,329
626
2
25
6,737
19,109
8,199
30
213
15
40
989
679
593
264
13,899
793
34, 728
2,489
14,996
3 404
2,529
306
30,612
37, 893
16, 515
86
91, 345
14
278
1
6
54
51
38
211
119
102
205
73
51
5
21
54
2,424
21,823
576
2,330
43,809 118,897 373, 057
200
20
29
210
84
150
971
83
1
8 480
20,313
168
46
30,015
47
150,474 174,085 1, 272, 581 12,045,167 293,959 1,280,853 2,780,997 422,164 16,241,222 693,799
490
1,064
6,131
385, 500
32
4,116
1,337
1,622
4,071
1,949
1,627
2,722
1,579
207
489
1,040
26
149
96
1,777
77
8
2
7
83
3 569
2,216
34
21,502
38,970
19,235
30
384
665
6,873
422
4,006
1,360
42
220
481
861
53,428
525
629
31
16,642
10, 774
14, 930
38, 510
81,138
27,503
7,809
29,829
7,363
32,146
15, 263
877
242
41,606
41, 343
32,466
12,133
42,937
53,167
67, 663
48,995
2,250
3,103
6,707
12,917
3,471
764
2,560
518
4,000
14,416
698
101
48
44,368
32,536
1,104
1,104
67
57
90
11
41
24
583
14,913
9,561
168
248
25,081
43,856 120,001 373,225
35
35
29, 733 212,398 148,308
8,581
TABLE N O . 48.—Assets and liabilities of active national banks, June 80, 1989
Or
00
ASSETS
[In thousands of dollars]
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
- ._ ._
Florida
Alabama
__
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Loans
and discounts
Number (includof banks ing rediscounts
and overdrafts)
Investments
Currency
and coin
Balances
with
other
banksi
35,162
20, 644
13,198
524, 869
29,475
105, 494
Investments and
other assets
indirectly
representing bank
premises or
other real
estate
Bank
premises
owned,
furniture
and
fixtures
Real
estate
owned
other
than
bank
premises
1,669
2,188
1,034
34, 392
719
11,334
284
189
292
7,170
212
1,604
418
76
34
3,804
507
29
59,938
29,711
24,128
461,838
37,833
108, 220
2,629
2,257
1,173
132,967
2, 585
6,174
727,740
721, 668
147,785
728, 842
51, 336
9,751
4,868
437 1, 424,179
226
239, 248
694
791, 780
15
8 286
63
63,972
9
47,168
2,940, 211
392-811
1,482, 381
9 113
206,645
78,755
36, 287
14, 575
43,922
390
4,747
4,984
2,540,118
214,941
865,391
4,188
99, 497
69,187
108, 450
26, 064
77, 309
791
5,001
7,127
17,984
14,980
32,388
275
1,031
912
2,202
2,058
3,151
10
25
39
52
42
126
12
53
39,064
31, 612
25,923
494, 533
39, 434
97,174
324
Customers'
liability
on acceptances outstanding
Interest,
commissions, rent,
and other
income
earned or
accrued but
not collected
Other
assets
Total
assets
78
5
129
2,800
189
468
183
63
52
3,773
161
298
139,425
86, 745
65,963
1,673, 538
111, 309
330,822
7,613
3,669
4,530
2, 407,802
29, 410
113
5,107
119
27
13,820
1,853
6,214
10
503
102
7, 563
876
6,191
7
279
144
7,120, 224
907, 519
3, 313,834
23,070
381,819
208,406
7,392
194
27
15, 060 11,954,872
1,444
2, 574,633
5,109,916
104,905
3,793,322
224,742
67, 570
7,446
34,776
22, 502
130
78
42
20
52
52
67
24
30
446
49
96
71
157, 477
66,934
41,131
29, 470
132, 597
58, 621
95,498
21 449
106,176
417, 564
38 175
93, 282
170,603
112, 843
49,995
26, 003
18,200
83,197
122 382
65,316
24 030
121,826
381, 371
31 408
82, 542
102,860
7,604
4,699
3,005
1,749
4,416
6,454
5,004
2 060
4,881
22, 767
2 171
4 934
6,598
123, 004
52,023
38, 577
31,317
108,996
134, 212
69, 692
23, 253
138,762
578, 418
42,134
91,021
139, 600
9,054
5,278
2,458
1,449
9,012
7,275
5,331
1,733
6,886
32, 554
1,880
4,496
11, 361
3,075
2,948
645
166
932
1,234
5,050
978
1,321
5,694
634
1,088
2,286
947
55
7
17
23
1,456
1,122
39
1
166
190
4,897
66
8
287
554
300
37
418
52
64
18
711
625
640
26
1,316
516
154
385
646
949
341
136
320
364
282
892
193
864
1,392
160
226
477
415,388
182, 325
112,026
82, 689
340,287
332, 542
248, 711
73,722
382, 776
1, 445, 473
116,782
277, 982
434, 755
1,157
1,428,977
1, 221,973
76, 342
1, 571,009
98, 767
26, 051
9,058
1,114
5,571
6,596
4, 445,458
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
^__.__-__,._,.
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
^
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions)
The Territory of Hawaii
Virgin Islands of the United States
Total possessions
Total United States and possessions._
244
126
324
82
105
192
109
87
323, 920
122,496
650, 711
164,152
95,871
206,885
96,679
181,330
450,676
235, 668
1, 507,887
395,087
274,134
281,709
84,103
244,189
21,858
12,139
37, 883
13, 682
9,029
9,005
5,212
8,827
371,385
167, 262
1, 291, 258
301, 463
174, 786
263,900
69,089
287,736
29,044
11,120
32, 828
9,389
10,846
9,872
5,878
5,208
4,213
933
6,854
850
1,575
769
294
2,601
5,503
28
1,636
69
295
4,664
26
617
674
37
2,246
10
20
170
18
299
1,554
601
7,059
1,922
1,242
1,898
496
1,280
1,720
552
6,851
624
1,009
2,903
156
326
1,210,547
550,836
3, 545, 213
887, 248
568,807
781,775
261, 951
732, 413
12,838
3,474
16,052
14,141
8, 538, 790
58
118
590
190
59
20
132
7
345
53,072
62,108
273, 411
263, 647
85, 298
52, 556
296, 286
51,123
454,938
3,473,453
117, 635
2,926, 879
114,185
18,089
50
42
136
182
43
26
78
22
214
15,040
22,096
84,138
66,889
15, 214
16,301
64,667
16, 558
126,035
20,834
20,869
93,327
82,301
32,885
13,678
91,765
16, 410
125, 719
910
1,205
3,239
3,859
1,925
1,445
4,854
1,408
5,533
13,868
15, 657
85,414
103, 610
32, 708
20,197
130, 787
15,787
186, 784
1,903
1,662
5,784
5,833
2,234
684
3,165
905
9,410
257
127
418
651
49
16
364
44
183
182
187
477
60
202
274
501
156
224
33
365
4
392
793
426,938
497,788
24, 378
604,812
31, 580
2,109
1,104
60
2,151
1,519
1, 592, 439
46
142, 358
27
79, 591
101 1, 261,469
18
13,659
13
22,644
6
10,499
22,463
5
146,858
113,741
1,167,473
19, 706
22,241
13,921
19,489
8,890
4,776
37, 226
1,374
775
1,014
1,638
144, 397
78,446
613, 439
14,544
28,020
10, 589
19, 547
7,932
6,474
68,143
1,013
1,143
722
1,447
850
206
16, 219
9
114
21
223
27
32,956
305
116
4,197
650
790
8,739
107
150
536
89
3,319
40
22
52
83
452, 776
284, 256
3,213,180
50, 345
76, 929
36,925
65,190
216 1, 552, 683
1, 503,429
55, 693
908,982
86, 874
17, 642
35,103
4,618
10,436
4,141
4,179, 601
526, 738 10, 533,846
607,484
141, 212
70, 417
51,655
60, 381
684
2,995
163
2,773
7,221
386
177
1,473
12
3
20
4
1
158
13
3,842
10, 380
1,662
27
530, 580 10,544, 226
609,146
141, 239
1,269 1,842,044
5,203 8,553,015
12, 528, 227
4
1
1
2,742
17,312
634
6
20, 688
24,659
5,209 8,573,703
12,552,886
2,050
22,177
432
100
158
1,970
150
70,417
1
171
51,656
60, 552
45,987 33,118,962
150
34
2
8,579
51, 391
1,646
186
61, 616
46,173 33,180,578
i Includes reserve balances and cash items in process of collection.
to
CO
TABLE NO. 48.—Assets and liabilities of active national banks, June 30, 1939—Continued
to
LIABILITIES
I In thousands of dollars]
o
Bills
payable,
rediscounts,
and other
liabilities
for borrowed
money
Demand
deposits
Time
deposits
(including
postal
savings)
Other
deposits !
Total
deposits
Maine
New Hampshire
Vermont
_Massachusetts
Rhode Island __
Connecticut
Total New England States
51,370
46,815
19, 234
1,192,871
74,469
191, 578
68,338
23,299
35,830
242,129
18, 776
90,237
862
1,744
587
17,479
596
5,394
120,570
71,858
55,651
1, 452,479
93,841
287, 209
26, 662
2,081,608
828
New York
New Jersey
Pennsylvania.-. _
Delaware
Maryland _ _.
District of Columbia
807, 627 217,117
5, 201, 595
425,878
367, 050
8,030
1, 670,821 1,165,002 15, 500
8,893
8,608
164
99, 338
247,922
1,367
46,773
135,794
4,360
6, 226,339
800,958
2,851, 323
17,665
348,627
186,927
646
115
154
Total Eastern States
Virginia
West Virginia
North Carolina. _
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
. .
Arkansas
7,631,790 2,553,511 246, 538 10,431,839
Location
1, 576, 337
203,464
92,676
69,043
58,864
235,161
242,427
142,187
40,920
278, 599
1, 070,286
75,078
478, 609
155,458
63,081
27,591
14,275
67,365
57,767
69,986
24,044
69,935
205,456
27,291
4,960
1,846
i, 711
795
1,815
2,134
1,393
199
1,776
14,809
782
363,882
L57,603
98,345
73,934
304,341
302,328
213,566
65,163
350,310
1,290,551
103,151
Mortgages or
other
liens on
bank
premises
and on
other real
estate
203
90
535
915
8,446
222
27
20
10
30
271
35
140
18
5
10
451
163
Acceptances
executed
b y or for
account
of reporting b a n k
and outstanding
1
Interest, Interest,
discount, taxes,
rent, and and
other
other in- expenses
come col- accrued
lected
and
but not unpaid
earned
Other
liabilities
Capital
stock 2
Surplus
Undivided
profits
Reserves
and retirement
account
for preferred
stock
51
21
67
2,292
133
489
153
100
73
2,241
121
805
150
100
64
4,277
149
350
8,842
6,169
5,229
75,019
7,515
21, 561
5,780
4,898
2,674
86, 277
7,462
13, 786
2,935
2,808
1,500
27, 744
1,612
4,999
944
588
615
14,228
254
1,596
5,090
124, 335
120,877
41, 598
18,225
8,695
3,053
3,493
32, 360
113
5,728
6,481
1,190
1,629
119
27
100
122
8,175 147,888
732
448
5,786
2,912
4
33
337
313
264
286
281,936
59,180
166, 537
1,872
13, 836
8,830
304,430
26,121
191, 220
2,510
10, 704
6,015
78,960
11, 782
58,109
856
5,321
5,101
32,989
6,880
30,426
130
2,462
834
38,347
9,522
15,298 151,880
532,191
541,000 160,129
73,721
17
418
147
159
63
838
289
359
15
516
651
108
6,258
2,797
1,790
1,277
4,098
3,091
3,129
691
4,807
23,172
2,541
2,493
1,588
903
384
2,850
1,818
1,726
332
2,105
7,592
495
39
1
166
746
302
367
217
126
50
258
213
306
123
513
2,243
121
527
133
44
131
909
269
173
79
755
965
132
24,722
12,637
6,417
4,536
17,637
15,346
20,457
4,893
14,140
76,134
6,269
16,433
7,203
4,207
2,174
9,294
9,187
8,819
2,426
8.884
43,411
3,802
3
W
Q
O
g
1-3
M
O
a
Kentucky
|
Tennessee
Total Southern States
167,469
270,412
71,648
115,222
7,097
2,923
2,946, 586
969,119
42,240
246,214
388,557
3,957,945
674,647
336,276
2, 543,965
558,423
307,958
480,064
171, 781
556,465
384,010 11,266
155,631 4,974
664,909 23,482
249,603 7,218
199,021 4,912
210,076 9,820
63,070 1,879
111,271 4,107
1,069,923
496,881
3, 232,356
815,244
511,891
699,960
236,730
671,843
44
22
1,154
Ohio
Indiana
Illinois
Michigan
Wisconsin
..
Minnesota
Iowa
Missouri
5, 629, 579 2,037, 591 67, 658 7,734,828
Total Middle Western States._
579
46,855
19,646
26,630
North Dakota
660
55,346
16,726
37,960
South Dakota
245,266
43, 562 2,662
199,042
Nebraska
235, 541
37,374 2,182
195,985
Kansas
76,489
23, 370 1,071
52, 048
Montana
300
46.731
15,384
31, 047
Wyoming
267,852
72,176 3,806
191,870
Colorado
651
47,106
9,667
36, 788
New Mexico
405,034
77,658 5,298
322,078
Oklahoma
127
71
16
50
84
40
24
315, 563 17, 209 1,426,220
412
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
1, 093,448
6
16
3
135
25
44
135
7,145
14,174
8,685
401,118
86
110
245
186
94
5
641
3,763
4,247
14, 547
14,892
4,561
2,570
11,084
2,080
24,498
1,655
1,117
8,084
7,318
2,250
1,783
8,959
1,250
14,327
470
799
2,689
4,572
1,521
1,087
4,861
298
8,169
174
333
2,150
697
295
197
2,621
309
1,796
82,242
46, 743 24,466
8,572
6,102
4,204
39, 705
771
1,379
867
763
3,556
2,374
16,095
259
886
86
518
111, 254 53,791
23, 774
45,906 178,868 1, 559,181 1,168, 553 449,079
204,977
3,697
5
60
482
3
2
113
179
2
66
40
24
205
103
60
1,138
1,849
634
689
513
8,033
16
79
91
364
551
419
4,421
50
107
32
142
395
22,601
. 149 9,055
6,868 136, 690
22
2,702
30
3,874
238
960
194
2,534
5,722
7,896
145
5
5
312
116
5,100
1,937,666 1,803,102 42,475
3,783,243
187
5
5,528
9,785
Total United States (exclusive
20,815,406 8,157,495 442,782 29,415,683
of possessions)
3,540
279
57, 635
35, 261
Total possessions
4,898
22,308
458
2,727
21, 544
955
139
757
7,764
44,609
1,413
1
12
27,664
25,226
896
53,786
1
12
57,636
35,273
Total United States and pos20,843,070 8,182,721 443, 678 29,469,469
sessions.
_
3,540
i Certified and cashiers' checks (including dividend checks), letters of credit and
travelers' checks sold for cash, and amounts due to reserve agents (transit account)*
279
55,652
75,115
24, 737
153, 651
35,832
32, 757
37, 938
13, 044
28, 044
409,172
260,575
2,906,103
45,610
68,464
33,915
59,404
Alaska.
The Territory of Hawaii
Virgin Islands of the United States _.
208, 265 105,047
578
296
1,924
637
582
3, 756
28
884
464
379
1,863
396
256
2,996
271
520
66
71
190
176
70
67
144
16
338
37
10,115
4,522
25,266
5,513
3,590
2,830
1,431
2,385
5,370
678
37
2,419
10
20
170
18
345
15
25,033
14,060
8,093
40,856
10,870
7,809
8,221
3,228
11,910
1,285
1,462
2,046
661
7,210
825
703
1,789
127
813
1,308
83
12,102 3,675
12,472 6,722
140,414 64,048
13, 666
24,025
240,879
278, 840 126,989 3,343
155, 654 102, 312 2,609
1,362, 564 1,508,823 34,716
211
14,941
30,458
330
20,698
47,436
512
13, 325
20, 078
754
16,014
42, 636
Total Pacific States
413
420
279
287
4,683
304
751
4,618
37
178,416
37, 552
15,230
79, 530
17, 921
11,199
24,115
7,074
15,644
9,361
6,851
90,015
910
2,110
736
1,271
69
3
8
9
6
275
3,350
150
400
1,850
19
72
186
15
60
1,305
40
72
23
3,775
2,269
273
1,405
45,978 178,891 1,562,956 1,170,822 449,352
206,382
2 See classification on pp. 266 and 267.
fcO
TABLE NO. 48.—Assets and liabilities of active national banks, June SO, 1939—Continued
to
to
[In thousands of dollars]
Loans and discounts
Location
Total New England
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
._
Other loans
for the purLoans to
pose of purAgricul- Open-mar- brokers and chasing or
carrying
tural loans ket paper dealers in
securities stocks, bonds,
and other
securities
3,395
3,022
316
293
1,189
53,276
4,612
6,518
22,963
323
73
308,699
6,817
71,026
23,968
675,228
54,346
253,457
2,446
18,766
18,817
16,029
5,285
14,970
60,587
9,024
28,662
2,145
2,859
40
177,004
1,549
8,557
70
730
268
1,023,060
38,752
101,199
188,178
47, 615
17,889
15, 785
12, 587
56, 520
25, 610
31, 294
4,473
44,491
180, 541
8,181
9,233
1,168
3,562
3,770
20,424
1,653
23,379
3,890
19,283
86,149
12,634
1,494
863
112
451
172
1,598
2,285
1,770
74
1,633
4,866
539
13,109
10,227
7,840
232,829
17,964
26,730
Maine
New Hampshire
Vermont
Massachusetts. _
Rhode Island
Connecticut
Virginia
West Virginia..
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Commercial and
industrial
loans
1,153
948
2,058
1,451
18
323
203
27
687
165
55
63
1,267
2,297
7
911
2,578
214
1,271
1,551
1,279
13,895
2,513
13,356
Real-estate loans
On farm
land
On residen- On other
tial proper- properties
ties
Loans to
banks
All other
loans
125
43
10,754
9,291
4 864
103,915
9,431
26,747
H
Overdrafts
o
wH
724
106
585
6,499
4,464
7,029
36,480
3,902
16,740
33,865
4,022
75,114
37, 250
1,865
165,002
112
O
116,733
8,057
54,343
776
5,793
1,424
8,118
3,225
18,107
1,134
3,592
36,801
17,001
53,337
9,454
E
g
3,277
3,319
18
249, 652
65, 229
228,112
1,747
15,982
15,001
429
15
30
74,144
75,492
129,783
1,260
10,802
8,252
187,126
34, 206
299, 733
114, 238
11,913
575,723
505
4,652
2,795
1,789
397
6,189
893
1,120
472
1,780
16,515
551
7,501
1,781
1,216
22,607
15,396
2,254
1,389
6,413
6,255
5,284
2,144
5,583
14,454
1,972
8,657
6,126
1,720
1,242
3,657
4,020
5,179
1,695
5,277
14,016
1,751
236
45
102
52
739
436
229
100
74
457
11
54,588
20,923
14, 079
9,216
34,960
15,025
22,841
6,948
25,139
87,727
10,527
31
12
8
591
585
1,431
586
1,946
1,172
2,068
1,622
1,920
9,624
],746
1,850
1,187
1 215
27,219
1,696
562
1
5,217
503
25
2,416
1
_
i
4
85
g
g^
2
19
hj
H
36
8
*"
O
hj
17
W
td
O
Cj
4
88
pi
£d
5
37
24
85
H
%
O
Kj
637
49
Kentucky
Tennessee
Total Southern States
Ohio
-_
Indiana
Illinois
--Michigan
Wisconsin
Minnesota
Iowa
MissouriTotal Middle Western States
North Dakota
South Dakota
_
_._
Nebraska
Kansas __
Montana
Wyoming
_ -_ _
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
__ .
_
-
__
_
-__ _ _- _ __-
Utah
Nevada _Arizona
Total Pacific States
.
__
Total United States (exclusive of
possessions)..
Alaska
-- __ _
____
The Territory of Hawaii
Virgin Islands of the United States
Total possessions
_
Total United States and possessions -
28,291
55,442
6,740
40,056
3,403
1,675
1,103
2,622
4,011
6,033
5,390
3,027
12,167
8,502
2,998
4,628
586
325
28, 534
48, 234
59
59
528,719
231,941
14,816
18,088
47,197
39, 599
104,420
60,966
3,392
378, 741
1,098
105,444
41,990
335,220
51,925
44,402
80,899
23,160
67,430
13, 665
8,281
56,046
2,944
3,711
20, 281
35,972
29, 702
3,500
6,787
14,924
1,946
3,178
3,885
3,809
9,910
5,573
484
31,424
3,552
226
945
589
3,066
14,822
3,092
74,420
9,982
2,747
8,268
907
7,774
13, 539
5,191
9,804
1,979
3,108
5,283
6,804
3,367
61,867
28,922
39,138
35,422
13,311
12,349
6,760
14,339
15,945
6,450
10, 642
10, 631
6,019
2,689
2,556
7,658
3,582
484
262
36
167
87
103
1,983
85,930
20,797
78, 587
45, 702
18,978
72,102
15,983
36,064
53
18
244
33
24
97
36
37
750,470
170, 602
47,939
45, 859
122,012
49, 075
212,108
62, 590
6,704
374,143
542
4,050
4,345
24,184
18,790
3,581
2,395
21,981
4,642
56, 662
3,406
8,031
32,627
21,409
5,034
8,585
13,937
5,042
23,710
830
773
3,681
4,321
1,292
102
1,893
707
4,159
748
700
4,452
4,617
336
500
2,046
355
3,134
1,339
2,313
2,205
3,923
905
1,163
6,862
2,026
5,906
624
935
1,649
1,105
381
273
2,731
762
2,636
2
21
111
73
820
216
583
1,958
929
347
401
2,324
237
2,404
2
3,812
4,366
12,640
11,235
3,313
2,851
11, 657
2,772
26, 531
13
18
46
57
15
12
28
15
71
140, 630
121,781
17,758
2,997
9.399
16,888
26, 642
11,096
295
79,177
275
73, 581
28,451
269, 687
2,805
7,289
1,530
4,297
10, 553
8,897
74,000
4,101
3,281
1,113
7,721
3,318
445
9,145
585
425
23
170
1,413
751
8,230
1
396
3,616
1,418
78, 773
595
758
296
562
11, 323
6,350
391,025
2,009
3,692
3 129
2,808
4,934
4,050
153, 040
790
2,435
1,454
571
58
28
178
5
26
4,110
801
36,727
288
736
333
590
29,327
28,317
238,817
2,462
3,597
2,599
5,699
125
83
1,847
18
35
22
19
387, 640
109,666
14, 111
10, 817
43, 585
86,018
420,336
167,274
269
310,818
2,149
3,139,218
679, 559
266,849
289,907
443,184
229,808
1,138,353
453, 414
24,438
1,883, 604
4,681
83
103
862
5 418
195
167
678
82
4
18
10
331
6 968
37
11
585
430
10
12
1,129
7
79
1,250
3,681
195
171
12
5,126
183
330
75
18
186
6,475
927
10
7,336
22
3,144,344
679,742
267,179
289,982
443,202
229,994
1,144,828
454,341
24,448
1,890,940
4,703
110
220
18
75
to
OS
and liabilities of active national banks, June SO', 1030—Continued
TABLE N O . 48.—.
to
o
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States...
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
U.S.
Government
Recon- Home
direct
struc- Owners1
tion
obligaLoan
tions Finance CorpoCorpo- ration
ration
29,866
12,401
8,122
295,113
19, 484
49,385
577
385
194
14,944
1,068
2,892
2,319
763
1,307
11,134
3,006
4,448
414, 371
20,060
22,977
Federal
Farm
Mortgage
Corporation
Other bonds, notes, and debentures
corObliga- U. S. Government
and agencies,
tions of porations
Other domestic corporations
not
guaranteed
by
States
United States
Other and
politGovern- ical subment
Other
Corpo- divisions
rations (including
Feder:al Governand warrants) Federal inter- ment
All
land mediate corpo- Rail- Public Indusagencies
banks credit rations roads utilities trials other
and
banks
agencies
120
2,308
407
6,127 9,850
4,299 4,550
2,821 3,643
20,077 23,984
2,700 3,502
7,368 5,444
3,915
43, 392 50, 973 20,769
2,523
1,744
1,855
11,080
1,056
2,511
695
3,990
1,217
1,980
20
90
243
12,085
1,647
1,425
3,979
2,584
3,526
41,163
2,551
26,952
246
163
154
773
104
365
105
5,237
10,109
15, 510
80, 755
1,805
6,565
5,514
1,426,882 190,171 306, 805 108, 294 45, 670
180, 801 6,250 46, 601 8,627 2,724
5,884 79, 087 15,956
5,860
807,122
3
55
4
2,063
282
483 3,458
862
177,442
668
3,564 12, 791
121
49, 252
732
317,503
50,523
112, 570
792
5,192
1,113
9,802 41, 898
2,317
808
7,878
67
110
1,254
1,309
38,560 132,932 89, 485 89, 274
4,708 34,729 27, 615 17,722
4,807 157, 795 134,388 99,347
2,003 1,962 1,207
2
6,171 4,346 3,878
359
1,623 2,002
945
3,622
4,805
1,482
7,479
114
931
330
2, 643,562 206,355 449,024 133,915
55, 658
487,693
22, 670 42, 773
52,058 335, 253 259, 798 212,373
15,141
4,005
2,722
1,525
966
4,449
11, 253
3,246
76
1,278
548
46
19
702
688
724
110
3,515
15,553
7,284
11,291
5,541
17,064
19,698
27,703
16,212
27, 553
64, 858
21,696
9,537
9,221
39,559
61,935
18, 870
4,847
60,806
1,396 8,775
536 5,872
2,182
24
15
1,314
1,338 7,343
603 15, 653
870 5,394
42
668
6,049 16, 718
1,457
770
753
1,338
694
450
470
261
858
158
186
20
1,223
1,170
1,040
684
242
49
216
2,465
1,744
583
20
580
3,605
3,009
179
120
4,393
2,939
2,047
636
922
2,773
2,283
153
38
1,512
1,290
1,388
312
518
4,297
3,009
62
26
1,133
2,936
2,338
182
806
875
591
250
2,907
207
684
1,268
306
80
6
353
583
593'
314
Stocks of
Federal
Reserve
banksand
Forother
eignpublic domestic
corpoand
private rations
Stocks
of
foreign
corporations
598
499
315
11,346
590
1,371
4
443
9,787
14,719
447
45,852
3,682
22,933
336
765
654
92,172
4,221
21,152
180
106
1
56
74,222
119, 257
164
551
436
2,460
1,353
425
238
1,278
870
1,218
381
1,373
2
1,390
792
774
5,254
294
1,283
10
176
292
184
44
527
1
19
Texas
Arkansas
Kentucky
Tennessee
-
--
200,477
9,236
42, 298
41,481
584, 821
Total Southern States
214, 781
-- -140,496
-- -- -- 1,068,066
221, 807
153,139
174,209
34, 039
-- - - -— 130,257
Ohio
Indiana
Illinois
Michigan
"Wisconsin
Minnesota
Iowa
Missouri
8,645
35,422
2,009
5,539
8,570
7,993
7,287
2,894
4,145
4,381
299
458
977
498
198
324
419
5 343
953
3,653
1,066
5,362
2,222
968
954
475
2,409
1,269
3,566
1,922
2,901
1,308
183
336
840
7,177
1,570
2,395
91, 280
14,427
11, 584
33, 536
3,881
2,999
21, 738 115,459
41,366
19,347 .
298,726
10, 790
7,536
9,452
27,016
22,570
31,460
8,807
3,659
19,203
23
4,004
1,709
17,138
7,655
1,114
5,567
722
4,070
88, 645
29, 233
116,898
32, 381
22, 887
45,490
29, 730
30,744
11,076
2,752
13, 394
274
1,615
3,806
24,112
10,527
23,142
9,227
12,494
9,572
1,928
5,408
19,957
12,357
35, 748
8,034
23,302
5,082
1,977
6,752
19,473
6,525
39, 245
7,712
28,652
7,672
2,004
4,225
1,598
2,089
3,252
489
1 673
1,194
1,145
1,466
4,959
1,617
7,733
3,019
3 565
2,323
521
1,015
4,863
1 393
29,974
2 112
1 807
2,085
626
5,357
10
1
30
99, 812 41,979
396,008
32,921
12,906
24, 752
48, 217
44
129
77
2,172
89
31
135
107
2
865
433
1,701
679
112
52
79
624
348
898
124
173
165
732
693
208
144
1,263
79
363
690
113
1,187
81
986
1,153
10, 739
3,440
81,153
2,678
2,872
3,034
932
7,250
511
868
29,107 11,931
16, 646 5,973
37,070 18, 868
51, 835 31, 239
17, 567 3,987
7,023
14,440
2,959
6,579
22,166 17,832
Total Middle Western States. 2,136,794 112,098 195,410
465
1,712
1,016
6,069
3,949
1,000
992
475
48
262
484
2,316
569
2,056
75
8,190
8,818
10
1,105
1,510
835
7,986
7,807
581
1,206
594
372
4,385
21,019
26, 366
552
10
46
1,327
622
612
2,536
530
120
10
631
794
410
—
10, 823
9,517
49,128
39, 281
21,499
7,905
56,065
9,052
43,846
3,168
477
2,924
2,372
1', 475
6,373
1,819
735
7,654
2,170
53
1,853
4,435
6,897
19,170
19, 438
5,048
3,060
11, 298
3,607
54,896
Total Western States
247,116
11,507
26,024
24,421
6,136
127, 849
2,791
5,121
3,519
9,697
9,923 143, 302
5
450
625 3,997
4
1,601
646
4,330
5,954
7,731
27, 957
657
1,792
1,493
978
3,432
3,341
43
231
24
70
21, 304
13,183
253,151
3,441
3,961
2,708
1, 888
29
103
1,273
30
50
8,119
299, 636
4,858
2,921
6,085
North Dakota
South Dakota
Nebraska
Kansas
]Vlontana
Wyoming
Colorado
New Mexico
Oklahoma
- -- --
_ __
__
-
--
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
_
-- - -_
Total Pacific States
98,032
69, 644
649, 975
14,140
10,172
7,088
8,737
857, 788
57
190
3,541
1,340
1,114
4,505
7,476
19
151
944
425
980
566
17, 513 168, 498 46,150
93
231
213
426
914
525
52
1,263
14,170
8
1
525
12
526
12
113
117
946
3,589
128
1,021
3,^03
107
1,667
306
74
6,868
4,521
3,057
10,509
8,980
10,910
1,842
3,941
4,105
2
820
104
3,717
85
1,085
883
171
4,879
72
2,919
1,830
14,562
222
448
292
2,620
2,224
15,416
205
413
251
1,431
724
11,004
157
370
151
406
882
5,677
45
16
198
1,074
123
7,526
75
1,398
477
16,311
109
202
52
42
1
563
14
169
314
452
498
375
70
117
21, 581
14,335
7,599
8,882
18,666
211
51,809 125,243
224,167
891
85, 335 100, 933 533,167 477, 111 405,355
73
2,083
123
85,335 100,933 535, 446
420
20, 587
Total United States and pos6, 899, 885 389, 392 977, 918 355, 773 146, 761 1, 693, 684 79,913
sessions
121
604
968
271
3,896
62
2,279
15,433
795
770
260
176
15
1
Total possessions
681
431
2,978
823
2,885
15
3,017
50
885
533
435
1 449
3
45
Total United States (exclu6, 884,452 389, 271 977, 392 355, 773 146, 749 1, 690, 667 79, 912
sive of possessions)
Alaska
The Territory of Hawaii
Virgin Islands of the United States-
2,989
96,410 113,209 115,508
1
483
1 113
2,668
2
59
34
11
68
45
139
61
478,308 407,183 51,854 125,382
224,228
317
154
819
61
1,625
49
1,197
1,828
71
891
to
TABLE N O . 48.—Assets and liabilities of active national banks, June SO, 1939— Continued
[In thousands of dollars]
Capital stock
Demand deposits
Time deposits
Deposits of individuals, partnerships,
and corporations
Common stock
Location
Maine
New HampshireVermont
Massachusetts
Khode Island
Connecticut
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia_
Preferred
stock
1,705
870
744
6,111
436
4,471
7,137
5,299
4. "~~
68,908
7,079
17,090
14,337
109, 998
23,696
23, 594
16,863
184
2,692
1,180
Total Eastern States. _ 68, 209
Virginia,
West Virginia...
North Carolina..
South Carolina..
Georgia.
Florida
Alabama
Mississippi
Unimpaired
1,382
2,167
514
1,219
927
582
7,140
1,947
Par
value
7,137
5,299
4,492
68,908
7,079
17,090
Deposits
Deof indiposits
DeDeviduals, posits
of
posits
partner- ofU.S, States of banks
ships, Goverr
and
in the
and
political United
corpora- ment subdivi States
tions
sions
40,579
35,849
16,159
808,429
65, 795
153,011
464
564
386
13,106
509
3,414
110,005 1,119,822
18,443
259,990 3, 502, 534
36,689
264,490
149, 775 1,055, 767
1.719
8,063
11,144
131, 503
7,650
106,367
463,982
23, 340
10,470
5,903
3,317
16, 710
14,764
13,317
2,946
139,830
70, 222
50,673
38,812
137, 728
146,815
94,127
24,348
121,239
289,192
27,577
63
27,641
3,596
2,206
760
350
11,435
7,023
4,051
1,244
1
69
136
984
65,600
20,613
34,735
217,032
13,838
79,984
885
994
204
10,578
3,654
3,028
983
431,802
19,343
2,173
DeDeposits
posits
Deof
Postal States
of
posits
savand of banks banks
ings politiin
in
the
deposUnited foreign
cal
its 1
States counsubtries
divisions
130
44
29
9,106
1,000
2,876
656
457
211
365
53
664
5,111 13,185
468
244
2,787
152
1,071
628
304
261
523
79
1,631
2,406
3,426
45
137
38,505
3,377 3,000
93, 525 11, 960
169
26
332
3,822
300
2,249
26,481
9,341
40, 718
6
1,029
487,287 1,746,910 201,415 2,105, 389 113,406
12,037
27,408 141, 504 15, 761
77,575
7,742
5,851
3,867
815
5,254
835
3,865
3,704
812
18
431
42
253
470
57
32
274,188 1,, 203,691 187,410
79,676 12,986
11
113,640 425,662 13,652
150
170
19, 584 76,468
49 27,933
256
466,967 5,068,724 127,454
23, 340
10,470
5,903
3,317
16,710
14,764
13, 317
2,946
5,756
4,570
4,563
5,839
1,907
78"
86,193 257, 566
2,688
5,414
20,042 15, 111
DeDeposits
posits
of
acbanks
cumu- Christmas
in
Certifi- lated savings
Open
foreign Savings cates
for
and
accoun- deposits
of
pay- similar
counts
tries
deposit ment
acof
per- counts
sonal
loans
19,065
13,881
9,028
14,455
21,438
28,471
18,234
11,080
40, 973
6,367
8,582
5,238
64, 551
59,977
25, 528
4,248
9
141
247
693,332 26,087
395, 768 4,463
77,336
8,207
340
86,632 3,263
40, 589 1,917
134,097
54,821
22,043
12, 581
58,870
61,458
19,467
1,823
3,529
1,6
282
706
235
155
300
13
838
794
387 2,190
713
859
352.
925
198
25
1,097
145
1,205
560
49
350
10
304
450
450
55,833
1,
439
172
68
105
1,175
1,091
4,598
Louisiana-.
Texas
Arkansas. _
Kentucky.
g Tennessee.
3,424
11,567
1,148
2,470
6,094
10,716
64, 567
5,121
11,196
17,931
10, 716
64, 567
5,121
11,196
17,931
143,072 14,159
715,956 34, 658
45,986
866
107,271
2,775
142, 23f 14,070
Total Southern States. 40, 581 200, 298 200,298 1,857,075
I Ohio
^Indiana
9 Illinois
Michigan...
I Wisconsin. _
£J Minnesota..
Iowa
Missouri. __
Total Middle Western
States
15,842
59, 273 59, 273 471, 215
4,739
19, 998 19,998
210,156
31, 599 122, 052 122,052 1, 552, 253
14, 490 21, 342 21, 342 399,088
10, 528 22, 229 22, 235 195,720
4,950 32,988
270,499
2, 705 10,339
102,988
10,339
2,496
25, 548 25, 548 304,637
97,193
874
1,452
1,851
1,525
326
438
1,596
306
2,112
Total Western States.. 10,480
2,795
12,696
13, 367
4,235
2,132
9,488
1,774
22,386
%
2,795
12,696
13,411
4,235
2,132
9,488
1,774
22,391
21,127
24,260
120,396
116, 332
37,992
19, 221
136, 733
20, 764
199,948
71, 762
71,811
696,773
90,474
227,422
15,086
47,472
82,668
799
428
312,099
678, 586
10,066
14,129
57, 588
18, 565
11,658
1,453
2,419
7,436
87, 349 313, 769 313,775 3, 506, 556 123,314
North Dakota..
South Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico. _.
Oklahoma
30,095
91,822
13,140
9,951
31,439
157
' 326
2,608
4,853
235
207
1,211
351
8,539
18,487
60,432
158,882
20,869
54,944
87,626
4,192
23,152
5,055
14,151
16,975
193
1,657
23
11
1,019
767
158
767
1,633
794,174
95,458
4,004
8,735 11,176
104,021
992
48, 298
55
678,262 11,637
86, 243
928
58,905
83
124,600
774
36,437
217,606
170
317,432
117,110
541,908
236,961
178, 774
165, 926
45, 717
89,427
32,801
26,619
55, 676
5,217
14, 752
34,107
16, 362
14,929
1,138
82
526
285
298
1,974
486
876
3,100 7,138
30
1,396
3,464 24,077
1,134
56r
1,875
931
1,285
304
266
778 2,257
630,698 1,354,372
982
3,058
402
228
907
2,067
232
390
1,729
2,040
15,029
174
855
3,980
170
844
378
302
3,615
35,953
9,650
6,068
8,928
155
927
905
2,488
10
92
2,560
1,429
854
1,954
862
1,773
211
2,329
58,064
19, 573
14,639 1,693,255 200, 463
5,665
2,706
3,348
52, 227
32, 603
4,441
4,173
40,571
2,251
66,081
12, 209 6, 7410, 599 5,164
26, 493 15,196
21,486 13, 648
18,165
4,026
12,411 1,992
64,140 3,290
7,584 1,741
47,079 16, 536
127
315
819
315
313
230
591
48
1,225
85
65
414
407
91
77
816
75
125
2,531
121
43
472
773
40
120
143
151
793
169, 735 208, 401
52 220,166 68,338
3,983
2,155
3,085
2,656
7,211
4
900
8,379
230
7,069 162, 277
4
220
84
86
67
154
26
8,596 170,904
954
205
8,073
40
286
3,135
9,563
3,135
68,353 241,391 51,360 353,891 102, 543
415
90
147
606
307
8,183
2,640
10,026
23,808
42,197
9,380
7,446
13,306
13, 422
47, 510
2,167
42,647
20,434
20,434
Washington.
46,937
181, 545 6,271
149
8,906
110, 532 5,443 20, 259 18,860
8,906
Oregon
19, 973 116, 717 116,717 990, 555 91, 542 116, 776 155,830
California
21, 272
51
7,948
875
1,827
1,187
1,827
Idaho
27,683
7,304 12,423
1,053
2,821
26
2,821
Utah
14, 561
164
4,502
70
890
851
890
Nevada
30,605
149
10,114
1,695
1,209
1,325
1,325
Arizona
152,920
1,376,753
103,646
209,
550
237,783
152,920
Total Pacific States... 25,496
1,440 119,445
86,674
560
7,861 1,242,879
73
12, 294
19,720
12, 577
14, 862
9,934 1, 508,451
16
10
141
204
108
75
545
639
11,604 35,832
5
52
37
5,104
6,185
37,949
541
949
53,662
Total United States
(exclusive of possessions)
246, 452 1,312, 729 1,315, 776 13,625, 703488, 537 1, 930,608 4, 515, 244255,314 6, 753,237 550,670
4,066
275
320
465
Alaska
2,162
47
275
60
5,222
The Territory of Hawaii
13, 707 2,277
1,102
3,571
3,350
3,350
16,913
Virgin Islands of the United
202
States
895
29
188
3,631
Total possessions
19,970
17,975 2,665
5,875
1,149
121
3,654
3,654
13,298 35, 301 11,972
11, 646 37,140
27,867
307
343
515
23
121
592
323
276
68
5,708
15
4
420
35
231
2,845
3,661
56
618
1
-i
Total United States
and possessions
246, 573 1,316,383 1,319,430 13,643,678 491,202 1,936,483 4, 516,393 255,314 6,773, 207 554,301
i Includes U, S, Treasurer's time deposits—open account.
27,867
68,660 241,391 52,056 354, 509 102, 546
8,184
TABLE N O . 49.—Savings deposits and depositors in all active banks in the United States and possessions, according to classes of banks, on or
about June SO, 1939
[Deposits in thousands of dollars]
Total all active banks
Savings
deposits,
including
time certificates
of deposit 2
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New 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...
Depositors 3
National banks
Savings
deposits,
including
time certificates
of deposit 2
Depositors3
All b a n k s other t h a n
national
Savings
deposits,
including
time certificates
of deposit 2
Depositors 3
State (commercial)
banksi
Savings
deposits,
including
time certificates
of deposit 2
Mutual savings banks
Savings
Depositors s
deposits,
including
time certificates
of deposit 2
Savings
deposits,
Depositors 3
404,670
311,940
190, 709
3,157,146
398,664
1, 235,131
50,737
12,065
42, 316
152, 409
140,090
101, 841
158,854
28,918
99,578
339,702
210,320
264,898
127,421
192,346
56,781
2,141, 742
176, 851
721,453
245,816
283,022
91,131
2,817,444
188,344
968,942
3,916,345
5, 698, 260
499,458
1,102, 270
3,416, 594
6,350,071
801, 754
1, 231, 345
68,104
319,882
58,957
8,173,460
1, 600, 706
1,979, 225
138,648
767,109
164,695
853, 570
463, 290
634, 237
29, 237
97,141
58,957
1, 598, 242
1,082,436
1, 284, 392
55,832
355,290
164,695
4,618, 513
8,830,113
12, 823, 843
2,136,432
4, 540,887
6,685, 530
275,919
137,469
68,204
31,839
254, 330
145, 392
161,657
40,253
271, 711
351,302
39,670
116,162
275,076
103,142
56,838
70,784
17,855
48,100
25,166
29,179
41,718
39,023
24, 576
18,102
70, 729
52,075
226,696
144, 295
172,809
35,633
118,674
68,003
87,182
53,831
78,853
42, 557
29,086
95,888
86,022
103,142
56,838
70, 784
17,727
48,100
25,166
29,179
41,718
39,023
24,576
18,102
70, 729
52,075
226,696
144, 295
8 172,809
35,633
« 118,674
68,003
87,182
»53,831
78, 853
42,557
29,086
«95,888
«86,022
2,168,984
597, 287
1,239, 529
597,159
1,239, 529
244,643
226, 018
134,036
2, 521, 761
334,433
906, 599
542,948
370, 758
268, 229
3, 740, 496
415,645
1, 430,468
66,485
21,607
34,939
227,610
17,492
83,012
138,278
58,818
77, 520
583, 350
16,981
195,337
178,158
204,411
99,097
2,294,151
316,941
823,587
4,367,490
6, 768, 544
451,145
1,070,284
7,069,490
1, 201,985
2,189, 542
76,651
409, 777
101,463
9, 853, 526
2,497, 571
3, 754,174
149,438
913, 007
274,640
719,419
400, 231
958,197
8,547
89,895
42, 506
1,680,066
896,865
1,774,949
10,790
145,898
109,945
11,048, 908
17,442,356
2, 218,795
244,981
117, 510
96,694
31, 251
112, 224
74,085
94, 502
64,889
103, 647
206,610
44,026
139,824
156, 676
502, 615
281, 764
241,013
67,472
373,004
213, 395
248,839
94,084
350, 564
393,859
68, 756
212,050
361,098
141,839
60, 672
25,910
13,396
64,124
48,919
65,323
23,171
64,624
182,034
25, 924
69,095
104,601
1, 486, 919
3,408, 513
889,632
Private banks
including
time certificates
of deposit 2
Depositors 3
293
1,291
4, 594,699
293
1,291
5,493, 746 * 6, 573,255
338,458
518, 253
591, 718
677, 718
38,867
8& 816
222,741
411,819
2,755
6
5,390
1,963
17
17 115
8,151
19,095
8,263,861
• 128
128
fcO
00
1,381
996
1,351
1,492
96
247
2,473
3,090
13, 266,172
11,045
23,476
13, 266,172
11,045
23,476
1,045,640
321,874
980, 201
636,839
425, 775
378, 705
222, 747
293, 217
2,372,889
615, 454
2,293,851
1, 556, 216
1,168,734
801,711
429, 826
740,482
350, 233
143, 729
597, 584
242,178
193, 526
200,033
62,079
104,356
750,133
274, 272
1,383,679
587. 268
477,044
483,401
163,108
290,159
695, 407
178,145
382, 617
394, 661
232, 249
178, 672
160, 668
188,861
1,622,756
341,182
910,172
968,948
691,690
318,310
266, 718
450, 323
572,477
158,926
382, 617
394,661
227,891
112, 563
160, 572
188,861
1,455,957
316,023
910,172
968,948
670,752
231, 750
266,471
450,323
121, 549
18,223
165,448
23,667
4,358
66,109
20,938
86, 560
4,304, 998
9,979,163
1,893, 718
4,409,064
2, 411, 280
5, 570,099
2,198, 568
5, 270, 396
210,239
296,613
27,662
26,172
60, 990
75. 586
39,092
21,104
88,130
11, 883
74,194
53,787
52, 298
158,818
172,989
70, 550
40, 668
219,788
24,189
144, 573
18,954
15, 763
41,689
35,134
22,191
14,403
67, 430
9,325
63,615
40, 419
35, 394
128, 640
97,112
39, 792
29, 300
165,161
17, 675
131, 243
8,708
10,409
19, 301
40,452
16, 901
6,701
20, 700
2,558
10, 579
13, 368
16, 904
30,178
75,877
30,758
11, 368
54, 627
6,514
13, 330
8,708
10,409
19, 301
40,452
16, 901
6,701
20,700
2,558
10, 579
13, 368
16,904
30,178
75, 877
30,758
11, 368
54,627
6,514
513, 330
424,813
937,660
288, 504
684, 736
136,309
252,924
136, 309
252,924
463, 242
272, 050
3, 218, 644
57,691
167,110
21, 689
56, 232
124,549
92,859
1, 280,828
14,620
20, 328
13,118
15,811
286,319
228, 637
2,327,809
26,081
51,090
20, 316
31,979
98,002
19, 887
736, 224
13,942
39, 433
923
13,916
176,923
43,413
890,835
31,610
116,020
1,373
24,253
30, 348
17,666
736, 224
13,942
39, 433
923
13,916
68, 209
41,128
890,835
31,610
116,020
1,373
24,253
67, 654
2,221
108, 714
2,285
__
222, 551
112, 746
2,017, 052
28, 562
59, 761
14, 041
29, 727
Total Pacific States
2, 484,440
4, 256,658
1, 562,113
2,972,231
922, 327
1,284,427
852,452
1,173,428
69,875
110,999
Total United States (exelusive of possessions) __ 24,117, 568
42, 792, 894
7,303,907
15,923,812
16,813,661
26,869,082
6,420,378
13, 579,434
10,382,238
9,839
6,349
2,642
183, 589
521, 530
47,181
791
2,222
3,882
20,484
66,357
4,375
2,612
306
39, 092
58, 206
16, 683
86
5,957
6,349
2,642
117, 232
521, 530
47,181
791
4,375
2,612
306
39, 092
58,206
16,683
86
6 5,957
6,349
2,642
117,232
521, 530
47,181
791
701,682
121,360
701,682
27, 570,764
6,541,738
14,281,116
10,382,238
Ohio
Indiana
Illinois
Michigan
TVisconsin
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., _
Alaska _
_ __
Canal Zone (Panama)
Guam _ _
_
The Territory of Hawaii
Philippines
__
P u e r t o Rico
American S a m o a . . _ _ _ _ _
Virgin Islands of t h e U n i t e d
States
T o t a l possessions
Total U n i t e d States a n d
possessions
_
1
6,597
2, 612
306
59, 576
58, 206
16, 683
86
895
3,970
895
3,970
144, 961
775,891
23, 601
74, 209
121,360
24, 262, 529
43, 568, 785
7,327, 508
15,998,021
16,935,021
Includes loan and trust companies and stock savings banks, which were shown separately in reports prior to 1936.
2
Excludes postal-savings and Christmas-savings accounts, etc.
3
Represents number of savings passbook accounts.
4
Includes 686,735 school savings accounts.
6 Estimated.
8
Represents time certificates of deposit.
to
o
TABLE N O . 50.—Assets and liabilities of all active banks in the United States and possessions, by classes, at the close of business Dec. SI, 1938
bO
[In thousands of dollars]
O
Total, all
banks
Number of banks
_
__
ASSETS
Loans on real estate
Other loans, including overdrafts
Total loans
U. S. Government securities:
Direct obligations
._ _
Guaranteed obligations.
_ __
Obligations of States and political subdivisions (including warrants)
Other bonds, notes, and debentures. _ _ _ _
____
Corporate stocks, including stock of Federal Eeserve banks
Totqi iTivp.st.mfmt,s
Total loans and investments._
.
.
„
Cash, balances with other banks, including reserve balances
Bank
premises
owned,
andpremises
fixtures .
Real estate
owned
otherfurniture
than bank
Investments and other assets indirectly representing bank premises or other
real estate
Customers' liability on acceptances
___ __
Other assets ._
_ __
Total assets
__
_ ..
National
banks
All banks
other than
national
Banks other than national
State (commercial) l
Mutual
savings
Private
15,265
5,230
10,035
9,410
555
70
8,816,692
12,718,714
1,731,504
6,757,616
7,085,188
5,961,098
2,267,249
5,808,164
4,815,735
78,985
2,204
73,949
21,535,406
8,489,120
13,046,286
8,075,413
4,894,720
76,153
15,070,400
2,931, 642
3,810,494
5,076,094
777, 667
7,172,471
1,533,488
1,607,129
1,918,693
227,412
7,897,929
1,398,154
2,203,365
3,157,401
550,255
5,018,873
1,067,610
1,467,366
1,581,484
373,825
2, 565,483
317,267
674,406
1, 556,192
153, 549
313,573
13,277
61, 593
19,725
22,881
27,666,297
12,459,193
15,207,104
9, 509,158
5, 266,897
431,049
49,201,703
SO, 948,313
28,253,390
17,584,571
10,161,617
507,202
18,373,644
1,293, 782
1,185, 750
9,706,409
617,601
146,811
8,667,235
676,181
1,038,939
7,884, 260
540,891
381,697
578,204
129,499
655,923
204, 771
5,791
1,319
160,359
169,004
449,357
69, 522
64,404
113,117
90,837
104,600
336,240
90,680
76,640
239,889
155
85,255
2
27,960
11,096
70,833,599
31,666,177
39,167,422
26,798, 628
11, 610,653
758,141
24,460,659
24, 731, 208
969,804
3,645,351
7,479,886
620,853
12,962,084
7,519,544
584,932
2,138,982
4,500,636
344,498
11,498, 575
17,211,664
384,872
1, 506,369
2,979,250
276,355
11,027,165
6,907,262
384,871
1, 503,127
2,856,698
275,957
579
10,276, 525
878
155
26
470,831
27,877
1
2,364
122,397
372
61,907,761
28,050,676
83,857,085
22,955,080
10,278,163
623,842
LIABILITIES
Deposits of individuals, partnerships, and corporations:
Demand
_ __
_
- - _ > _ _ _ Time
U. S. Government and postal savings deposits
Deposits of States and political subdivisions. .
Deposits of banks
_
.
Other deposits (certified and cashiers' checks, etc.)
Total deposits
.
._
.. , _
.
s
s
W
a
o
g
3
W
a
I
O
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks
Other liabilities
_
Total liabilities. _.
._
_
36,612
189,148
491,150
5,608
71,785
209,964
31,004
117,363
281,186
24,952
88, 553
254, 208
24,446
4,573
28,810
2,532
62,624,671
28,338,033
34, 286,638
23,322, 793
10,304,088
659, 757
162,856
178,673
1,280, 342
2,499, 626
379,863
149,890
178,673
1,237,680
1,432, 534
222,975
12,966
257,437
1,313,185
1,149,005
419,654
1,479
g
CAPITAL ACCOUNTS
Capital notes and debentures.Preferred stock
_
Common stock
_
Surplus..
__
_
Undivided profits
Reserves and retirement account for preferred stock and capital notes and deben
tures._
__
___
Total capital accounts
Total liabilities and capital accounts
_
1 Includes trust companies and stock savings banks.
_
162,856
436,110
2, 593, 527
3,648,631
799,517
1,033, 782
156,547
42,662
33,310
341
hj
2
3
M
22,071
£
568,287
188,863
379,424
254,083
103, 270
8,208,928
3,328,144
4,880,784
3,475,835
1, 306, 565
98,384
H
70,833, 599
31,666,177
39,167,422
26, 798,628
11, 610, 653
758,141
fe
O
O
w
m
a
to
TABLE NO. 51.—Assets and liabilities of all active banks in the United Stales and possessions, Dec. 31, 1938 (includes Natio?ial, State (commercial), savings, and private banks)
ASSETS
^ [In thousands of dollars]
SecuriU.S.
Other
ties guarloans, in- Govern- anteed
Num- Loans on cluding
ment
by U . S .
securities, Governber of
real
redisdirect ment as
counts
banks estate
and over- obliga- to interest and
tions
drafts
principal
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Texas
Arkansas
54,071
32,922
42,877
25,883
26,279
586,682 1,062,385
67,320
138, 282
253,189
157,121
928 1,823, 229
923,999
1,611, 310
11,422 10,703
13,870 10,118
9,295
6,001
63,129 119, 699
13, 222
8,366
32,920 57, 711
143,858
212, 598
Corporate
Other stocks,
bonds, includnotes,
ing
and
of
deben- stock
tures Federal
Reserve
bank
84,095
88,303
29,279
497, 883
83,832
195,148
8,107
17,000
4,243
64,472
35,720
41,602
54,735
31,200
23,498
748,857
80,379
227,465
978,540 171,144 1,166,134
4,516
4, —
3,323
66,390
13,856
29,869
5,412
8,353
15,011
170,953
7,078
57,335
77
48
6,664
5,860
122, 246 264,142
13,412
Total
assets
>,530
343
20
374,218
466
318 315,615
4,408 204,078
18, 527 4, 551,405
1,539 554,494
9,419 1, 475, 372
9,893
34,677 7,475,182
t, 706,946
\, 400, 3403, 910, 713 5, 216,423 1, 203, 508, 1162,409 1, 272,142 274, 390 6,107,995 370,616 443, 253 31,609 132,005 181, 543 23,
896 3,
465 18, 312 2,328, 751
408 370, 708 312, 541 443, 275 83,094 145, 525 274, 686 30,136 457, 593 72, 831 110, 660 8,925
1,109 463, 922 1,023,108 1,439,026 211, 347 301,188 973,202 124,448 1, 272,059 157, 766 157, 289 26,953 10,369 46,118 6, 206,795
254,387
30,025
34,315
2,073
9,024 13,269
3,874
47,826
690
44,590 4, f~ ~ 63, 507
48
325,267
275
1,979 961, 779
7,119
24,758 16,929 121, 763 7,327 234, 713 15,448
655
193 88, 504 117,042
92,842
851
389,045
39, 537
127,764
4,189
60, 276
23, 919
15, 564
2,302
29
17,820
1,832
22
2,120
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
102 51,910
108 66,285
84
56,810
391 1,136,234
98,697
35
208 413, 293
Obligations of
States
and
political
subdivisions
Investments
and
other
Cash,
Real
assets
Bank
balances
Cusindi- tomers'
premises estate
with
rectly liability
owned, owned
Other
other
repreassets
banks, in- furniture other
on
senting acceptthan
cluding
and
bank
bank
reserve
fixtures
ances
premises prembalances
ises or
other
real
estate
.
,
2,676 4,393,036 5,471,506 7,551,148 1, 555,650 1,641,440 2, 704, 203 442, 722 8,263, 631 636,099
724, 583
17,383
9,222
8,824
2,557
13,860
9,067
7,642
4,830
9,420
6,225
6,814
3,015
896
5,849
2,204
6,935
2,302
2,834
8,618
316
183
232
160
284
164
216
205
146
855
220
71,724
45, 676
27,629
7,394
34, 780
19, 777
20,603
19, 534
26,931
47,837
11,665
206,602
82,425
130, 559
46, 700
176, 260
73, 539
106, 569
52, 674
139,501
435,568
64,128
105,997
43,924
15, 299
48,684
75,144
30, 675
15, 344
87,378
255, 288
17,784
23,669 27,335
13, 515 14,101
22,087 52, 259
3,950 18,893
12,993 19,115
28,818 28,478
13,375 36, 962
3,997 51,686
25,929 62, 227
51,106 117,089
6,762 22,142
28,379
17,867
9,303
3,016
15,825
13, 555
9,966
3,219
6,174
4,599
4,318
2,171
667
3,313
1,449
2,050
615
2,335
5,980
642
178,126
89,093
168,467
62, 605
163, 468
136, 268
110, 689
64,694
186,436
632, 628
66,401
36, 791
3,297
71,134 143,143 249, 408 33,847, 703
2,244
1,188
22
"128
52
925
1,121
179
3,392
4,856
24
139
18
180
19
623
1,378
7
2,521
674,826
1,275
329,418
2,404
494,940
278
162,255
1,716
496,054
1,552
390,794
2,500
349, 267
3,112
222, 205
5,039
558, 219
2,690 1,629,006
614
201,326
to
to
Kentucky
Tennessee
Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western States..
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive
of possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Virgin Islands of the United States,
Total possessions
Total United States and possessions
424
301
3,696
63, 563
35,095
150,177
202,852
75,042
60,849
432, 208 1, 867, 554 899,494
473,857 508, 296
152, 558 227, 777
782,068 1, 297, 672
245, 791 393 395
,
166,832
249, 411 236, 815
202,923 239, 587
86, 664
345,091
338, 518
5,112 1,002,646 2, 618, 531 3, 328, 724
708
518
859
458
589
686
651
643
333, 650
111, 513
101, 957
145, 798
77, 595
58, 372
79, 396
94, 365
175
169
429
681
114
58
144
41
398
4,312
6,521
12,421
27,003
4,619
3,814
13,188
3,678
13,109
22, 309
808
101,951
117,911
27, 249
19, 983
71,673
15,562
128,075
13,690
13,250
62,932
68,646
36,191
10,060
65, 255
11,292
55, 296
2,209
88,665
532, 798
336,612
150
77
230
52
59
9
12
52,122
15, 537
918, 603
6,208
21,028
4,420
8,711
136,143
77, 570
874, 083
23,014
36, 351
5,637
22,146
25, 111 32,964 2,378 152,407
186,043
12, 898 5,119
49,788
243, 619 525,186 187, 444 36, 515 2,197,325
148, 238
140,971 149,952 203,860 16, 593 747,136
37, 806 50,054 71,817 4,997 294, 277
176, 299 243,835 266, 303 32,494 1, 745,168
3,239 454,654
133,198 88, 957 97,153
2,580 263, 522
33, 455 45, 635 143,423
296, 771
39, 770 79, 540 65,425 2,150
185, 231
896
28, 903 58, 923 32,425
83,135 94,104 69,048 34, 268 546,426
63,430
20, 732
46, 773
25, 589
19, 570
13, 984
11, 225
18,107
19, 247
18,171
9,499
15,846
5,390
5,544
7,687
1,676
544,104
594,996
617
852
58, 506 15,458
22
263
2,799
33,064 6,647,410
9,722
1,121
3,063
224
589
4,528
1,092
1,133
1,004
16
2,528
20
31
179
24
516
4,106
1,947
22,376
5,625
4,680
4,803
935
6,052
89, 275 21,472
4,318
50,524 14, 399, 293
33,880
10,788
14, 744
5,704
6,530
3,580
1,887
12,162
2, 686,457
985,403
4,735, 280
1,599, 347
1,001, 257
1, 058,100
690, 524
1,642,925
673, 537 811,000
949,454
7,005
11, 745
23, 254
35,432
10,061
3,929
17, 546
4,136
70,544
3, 479
3,425
13, 717
7,837
7,606
1,748
17,192
1,205
7,681
229
207
747
757
362
160
794
232
1,322
18, 920
29, 242
110,727
149,071
59, 291
30, 740
158,050
25,675
194, 349
2,501
2,589
7,266
9,559
3,276
1,128
4,142
1,095
9,953
972
548
668
1,887
342
92
593
108
282
4
100
19
218
3
183
337
43
508
433
1,088
882
919
52
716
40
1,012
87, 775 183, 652
63,890
4,810
776,065
41, 509
5,492
1,159
43
5,650 2,128,120
122,071 20, 517 33,933 24, 770 1,549
621
77,165 29,601
21, 398 10, 244
1,025, 763 149, 888 341, 643 118,814 19,951
2,388
174
7,963
18,944
8,731
4,128
671
9,151
27,465
8,633
1,215
44
2,667
7,838
3,182
4,929
4,098
15,849
5,946
169, 274
80, 338
936,428
34, 599
65, 716
11,801
31, 346
9,369
7,052
96, 438
1,745
2,117
752
1,750
1,356
846
35,150
71
303
29
780
13
29
35,067
7
2,308
75
202
170
363
5,209
573,133
1,1
322,620
1,856
18, 264 4,575, 301
202 104.046
176 178.047
37,818
158
96, 239
313
4,753
3,311
12, 737
24,558
4,954
1,898
9,809
3,078
22, 677
589 1,026,629 1,174,944 1, 295,095 226,498
420,853
166,488
97, 217 4, 533,185 219,410
23,179 1, 329, 502 119, 223
295
38, 535 37, 701
78, 682
99,456
347, 527
443,761
154,873
73,787
359, 295
66,101
504, 638
5,742 22,815 5,887, 204
775, 587 18,265,842 1,286,725 1,180, 533 160, 336 165,938 396,138 70, 384, 912
15, 210 8, 766, 413 12, 589, 332 15,022,383 2,930, 937 3, 794,729 5,050,019
321
4,157
134
70
29, 232
67,919
27, 578
27
265
50, 279
129,382
1,992
2
61
17,463
24,700
5,740
225
34, 464
9,244
1,396
45
140
535
1
116
6,669
7,514
1,028
9
13, 532
9,268
378
40
330
817
976
125
6,656
1,127
41
26, 512
62, 624
10, 395
63
384
48,01
705
15, 765
26, 075
2,080
107,802
2,503
53
545
2,527
162
355
72
3
3,515
2,253
917
1
13
3
900
3,369
855
13
5
23
168
5,081
100
10 3,708
18 19,058
3,038 25,082
7,057
5,217
23
3,066
15
19,190
6,344
503
137, 357
206,944
76,671
205
1,473
53, 219
448,687
15,265 8,816,692 12,718,714 15,070, 400 2,931, 642 3,810,494 5,076,094 777,667 18, 373,644 1,293, 782 1,185, 750 160, 359 169, 004 449, 357'70,833, 599
TABLE NO. 51.-
- Assets and liabilities of all active banks in the United States and possessions, Dec. 81, 1938 (includes Nationalr State (commercial), savings, and private banks)—Continued
LIABILITIES
nn thousands of dollars]
Demand
Time dedeposits of posits of in- U. S. Gov- Deposits of
individuals, dividuals, ernment States and Deposits of
partner- and postal political
partnerbanks
ships,
savings
suband cordeposits
and cordivisions
porations porations
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
Bills
Other
deposits i
Total
deposits
rediscounts,
and other
liabilities
for borrowed
money
Acceptances executed
by or for
account
of reporting
banks
Other
liabilities
Total
liabilities
excluding
capital
accounts
58,084
36,553
24,255
1,034,250
116,088
304,959
244,497
223, 583
134,628
2,521,432
333,196
912,782
2,274
914
630
24,688
1,016
6,224
9,890
7,686
4,049
118,061
12,898
37,690
5,789
5,064
903
270,752
9,753
24,860
1,829
1,552
834
22,897
2,249
7,841
322,363
275,352
165,299
3,992,080
475,20Q
1,294,356
316
82
683
387
10,339
384
20
1,574,189
4, 370,118
35,746
190,274
317,121
37,202
6,524,650
1,717
10,743
21,652
6,558,762
8,609,105
594,582
1,913,835
117,151
270,226
196,204
7,334,795
1, 231,281
2,344,893
76,674
420,545
109,713
224,345
22,770
120,153
1,393
30,477
2; 179
637,224
146,426
253,424
6,729
43,855
126
3,399,349
34,538
544,172
2,068
86,114
28,245
240,638
16,519
29,477
2,877
2,674
5,042
20,445,456
2,046,116
5,205,954
206,892
853,891
341,509
13,672
2,278
3,760
287
24
14*7, 566
J75
11,619
275
29
218,315
15,727
29,089
813
2,761
1, 551
20,825,009
2,064,596
5,250,422
207,992
856,951
343,089
11,701,103
11, 517,901
401,317
1,087,784
4,094,486
297, 227 29,099,818
20,021
159,964
268,256
29,548,059
205,873
117,528
175,324
76,308
191,985
172, 562
130,173
86, 557
219,120
801,130
89,860
228,368
199,058
251,069
115,478
104,983
29,898
110, 563
69,013
90,408
63,297
102,926
201,851
44,213
143,958
155,908
7,663
4,831
7,240
749
16,031
10,029
9,971
3,403
22,721
43,728
1,961
6,310
19,398
44,502
23,887
52,020
28,490
30,234
46,641
32,938
31,408
61,170
121,838
18,010
29,058
55,330
69,299
10,858
91,011
7,866
75,922
46,878
34,664
9,469
96,904
236,479
19, 536
51,422
92,817
6,921
4,529
6,572
1,561
5,379
3,291
2,053
880
3,728
38,824
2,161
3,508
4,390
585,327
277, 111
437,150
144,872
430,114
348,414
300,207
195,014
506, 569
1,443,850
175,741
462,624
526,901
22
415
461
23
309
299
190
145
14
543
140
1,248
370
139
18
182
19
838
1,633
7
22
263
4,665
767
3,326
290
2,726
768
989
1,225
1,998
4,494
384
10,092
2,163
590,322
278,293
441,065
145,185
433,288
349, 499
301, 568
196,403
509,419
1,450,520
176,272
473,986
529,697
2,693,846
1,483,565
154,035
575,526
843,125
83,797
5,833,894
4,465
3,271
33,887
5,875,517
249
~128~
481
307
667
11, 579
4,674
3,944
323,093
275,975
166,048
4,014,681
480,258
1,298,707
Ohio .
Indiana
.__
Illinois
Michigan
Wisconsin
_ _ _ _
_ _
Minnesota
Iowa
_ _ _ _ _
_ ____
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
_ _ _ _ _ _ _ _ _ _
Wyoming
Colorado _
_ _ _ _ _ _ _ _
New Mexico
Oklahoma
_ _
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona-—
_
-
_
_. -
Total Pacific States
Total United States (exclusive of
possessions)
Alaska
Canal Zone (Panama)
The Territory of Hawaii
Philippines
Puerto Rico
_ _
American Samoa
Virgin Islands of the United States
Total possessions
Total United States and possessions
-
954,481
351,761
2,195,826
569,310
317,867
328,131
271, 554
675,878
1,057,024
318,509
976,996
613,022
431,347
381, 523
215,759
292,680
27,272
19,879
94,417
23,568
15,568
5,722
5,022
27,111
159,379
114,177
295,274
129,781
47,786
93,156
77,216
90,455
158,337
63,132
709,680
96,752
63,102
126,323
45,428
372,924
16,941
9,345
40,625
13,411
8,960
10,601
7,016
9,985
2,373,434
876,803
4,312,818
1,445,844
884,630
945,456
621,995
1,469,033
349
13
48
57
91
233
193
4,499
1,029
16
2,763
20
31
179
24
527
5,810
2,117
16,164
5,941
3,298
9,349
1,177
10,630
2,380,622
878,949
4,331,793
1,451,862
888,050
955,217
623,389
1,484,689
5,664,808
4,286,860
218,559
1,007,224
1,635,678
116, 884
12,930,013
5,483
4,589
54,486
12,994, 571
34, 280
39,188
159,276
185,477
66,105
27,234
168,630
30,446
222,163
24, 850
25, 592
61,633
76,333
39,948
21,047
88, 537
11,732
77,082
529
677
3,761
7,076
496
304
778
541
9,659
4,557
16,874
27,816
82,949
20,526
10,759
17,210
14,920
61,102
2,636
4,010
52,175
33,000
10,037
5,722
45,921
2,605
64,860
942
718
3,104
3,714
1,873
420
3,466
746
14, 522
67, 794
87,059
307,765
388,549
138,985
65, 486
324, 542
60,990
449,388
16
10
46
199
306
499
916
239
155
1,463
52
1,202
68,009
87,365
308,812
390,303
139,231
65,641
326,190
61,042
450,646
932,799
426,754
23,821
256,713
220,966
29, 505
1,890, 558
1,604
46
5,031
1,897,239
205, 111
125,872
1,297,757
43.741
54, 505
14,771
41,059
219,689
112, 234
2,048,067
27,885
58,501
12,980
28, 448
6,888
6,348
112,951
636
361
259
197
32,495
27,042
345,265
18, 242
21, 532
5,590
15,073
49,765
20,183
256, 524
2,771
21,746
665
2,535
4,191
3,058
41, 563
720
1,344
536
1,183
518,139
294, 737
4,102,127
93,995
157,989
34,801
88,495
25
207
363
5,700
2,240
1,000
54,304
222
883
348
494
520,611
296,100
4,162,682
94, 228
158,872
35,149
88,989
1,782,816
2, 507,804
127,640
465, 239
354,189
52, 595
5, 290,283
587
6,270
59,491
5,356,631
24,349, 561
24, 593,002
961,118
3, 582,760
7,465, 565
617, 210
61, 569, 216
33,877
184, 883
442,803
62,230, 779
8 060
1,664
6 896
2,013
667
2,556
320
50
157
20
16 999
6,304
11
40
17,010
6,344
35,663
49,530
15,945
29
168
59,129
52,922
16,041
92
822
3,030
2,541
10,197
1,208
707
1,268
1,489
114,006
144,002
55,449
173
1,252
61
2,674
10
18
4,237
50
899
1
28
12, 936
30,085
18,383
52
207
3,126
36,403
8,707
1
9
117,142
180, 484
71,067
174
1,261
111, 098
,138,206
8,686
62, 591
14,321
3,643
338, 545
2,735
4,265
48,347
393,892
24,460,659
24,731,208
969,804
3,645,351
7,479,886
620,853
61,907, 761
36, 612
189,148
491,150
62,624, 671
2,383
548
838
7
185
551
11
4.1 ft
5
.
to
i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
TABLE NO. 51.—Assets and liabilities of all active banks in the United^ States and possessions, Dec. 81, 1938 (includes National, State (com- to
mercial), savings, and private banks)—Continued
CAPITAL ACCOUNTS
[In thousands of dollars]
Location
Maine
New HampshireVermont
Massachusetts
Rhode Island
Connecticut
Total New England States...
New York
New Jersey
Pennsylvania
Delaware
y
District of ColumbiaTotal Eastern States.
Virginia
West Virginia.._
North Carolina.
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
_
Tennessee
Total Southern States.
Capital notes
and debentures
1,325
9,100
Preferred
stock
6,934
1,198
7,900
13,986
1,568
7,684
Common
stock
11,299
6,181
7,129
100,336
19, 347
37, 793
Surplus
Undivided
profits
8,806
21,079
4,149
262, 279
45, 053
81,201
11, 752
, 10,172
3,578
134,947
37, 220
Reserves and
retirement acTotal liabilicount for pre- Total capital ties
and capferred stock and accounts
ital
accounts
capital notes
and debentures
11,009
1,010
6,174
25,176
1,879
12, 767
51,125
39,640
38,030
536, 724
74, 236
176, 665
374, 218
315,615
204, 078
4, 551, 405
554, 494
1,475, 372
10,425
"39, 270
182, 085
422, 567
204, 058
58, 015
916, 420
7,475,182
56,329
600
716, 512
77, 527
277, 262
11, 705
28,985
17, 300
1, 792, 682
86, 234
463, 503
21, 512
39,013
15,873
81.102
20; 324
92, 592
6,231
22,626
8,450
191, 449
22,044
80, 272
6,572
5,610
1,750
2, 881, 937
264,155
956, 373
46, 395
104,828
45,956
23, 706,946
2, 328, 751
187
5,789
1,258
43,863
57,426
42,744
188
2,805
1,325
64,163
148,351
1,129, 291
2,418,817
231, 325
307, 697
4, 299, 644
33,847,703
6,870
2,352
5,478
1,332
1,041
1,705
9,758
7,262
7,191
12,958
3,741
7,293
9,990
38,220
22,331
20,339
7,579
30, 668
20, 771
18, 218
9,234
18,890
81,025
10, 270
29, 776
27, 274
24,803
15,120
16,452
4,388
17,945
12, 550
11, 926
7,041
13, 686
47,855
5,841
23, 235
16,150
9, 666
5,538
7,057
2,025
6,894
3,827
4,622
947
5,626
23, 518
4,020
6,704
8,937
4,945
2,887
4,549
1,124
4,340
2,442
3,175
1,236
3,327
8,376
1,182
3,110
2,948
84, 504
51,125
53,875
17,070
62, 766
41, 295
47,699
25,802
48,800
178,486
25,054
70,118
65,299
674,826
329,418
494,940
162, 255
496,054
390,794
349, 267
222,205
558,219
1, 629,006
201,326
544,104
76,971
334, 595
216,992
89, 381
43,641
771,893
6, 647,410
2,897
622
1,878
82
80
4,754
10,313
6, 206,795
254, 387
961,779
389,045
j
o
w
H
O
o
o
I
W
o
0
o
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
*
.
»
.
.
-
129, 566
41,892
168,018
54,309
49,866
46, 323
30, 294
78, 254
79,168
29, 542
107,070
33, 768
20,292
33, 262
17, 786
37,823
26, 665
13,187
49, 507
16,459
11, 729
11, 792
8,268
25, 631
18, 464
6,140
42,805
9,816
7,813
4,242
4,543
7,760
305, 835
106,454
403,487
147, 485
113, 207
102, 883
67,135
158, 236
2,686,457
985,403
4, 735, 280
1, 599, 347
1,001,257
1, 058,100
690, 524
1, 642,925
69,282
113, 386
598, 522
358, 711
163, 238
101, 583
1,404, 722
14, 399, 293
964
747
570
163
938
1,474
2,483
3,830
1,027
1,229
2,458
588
2,327
5,229
5,926
19, 275
26.052
7,661
2,871
11,923
2,242
26, 356
2,565
2,061
10, 276
14,812
3,812
2,438
10,989
1,527
15, 908
744
1,356
3,684
7,522
2,356
1,258
5,266
314
7,592
233
527
2,427
1,242
623
350
2,469
388
1,809
10,673
12,091
38, 715
53,458
15, 642
8,146
33,105
5,059
53,992
78,682
99,456
347, 527
443, 761
154,873
73, 787
359, 295
66,101
504, 638
2,444
16, 354
107, S35
64,388
30,092
10, 068
230,881
2,128,120
720
840
3,034
1,920
165
35,382
1,635
1,214
125
1,215
24,428
11,012
166,010
3,358
7,944
900
2,397
14,528
7,642
120, 621
2,052
4,604
421
2,284
7,407
4,416
59, 603
1,605
2,903
1,129
807
3,519
2,445
27, 969
1,168
1,350
94
547
52, 522
26, 520
412, 619
9,818
19,175
2,669
7,250
573,133
322, 620
4, 575, 301
104, 046
178,047
37,818
96, 239
_
12,898
2,122
_ _
Total Middle Western States
North Dakota
South Dakota
Nebraska
-
Montana
Wyoming
Colorado
New Mexico
-
--
-
Total Western States.
Washington
Oregon
_ _
California
Idaho
Utah
Nevada
Arizona
4,699
17,462
5,025
31, 702
33,133
10,609
5,142
6,244
4,069
34,510
10,668
4,385
_
_
_ .
1,160
Total Pacific States
Total United States (exclusive of possessions)
Alaska
Canal Zone (Panama)
Guam
Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Virgin Islands of the United States
Total possessions
Total United States and possessions
5,754
41,656
216,049
152,152
77,870
37, 092
530, 573
5,887, 204
162, 381
435,988
2, 568,077
3,633,627
795,964
558, 096
8,154,133
70, 384,912
850
647
471
212
2,180
25
9,270
12, 330
2,947
35
6,354
7,171
776
4
17
25
1, 497
930
342
1
12
8
3,094
6,029
1,089
1
33
93
20, 215
26,460
5,604
31
212
19,190
6,344
503
137, 357
206,944
76, 671
205
1,473
450
25
122
__.
28
475
122
25,450
15,004
3,278
10,466
54, 795
448,687
162,856
436,110
2, 593, 527
3,648, 631
799, 242
568, 562
8, 208,928
70, 833, 599
•8
3
w
Q
O
to
TABLE N O . 52.—Assets and liabilities of active State (commercial), banks, Dec. 81, 1938
15,304
5,346
22,435
78, 674
47, 578
51, 959
_.
Total New England States.
New York
New Jersey 4
Pennsylvania
Delaware
Maryland
District of Columbia
to
00
Securities
Other
U.S.
guaranloans,
Govern- teed by
Num- Loans on includU.S.
ment
ber of
ing redis- securities) Governreal
banks
counts
ment as
estate
direct
and over- obliga- to interest
drafts
tions
and
principal
Location
Maine
New Hampshire *
Vermont
Massachusetts
Rhode Island3
Connecticut
ASSETS
[In thousands of dollars]
_.
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas.
Kentucky
Tennessee
Total Southern States....
24, 274
2,840
8,655
126, 666
31,459
75, 642
13,658
1,958
6,438
155,088
75,046
55,167
3,723
764
2,268
7,256
4,882
7,525
Obligations of
States
and
political
subdivisions
1,332
658
1,901
14, 595
3,064
15,960
Corporate
Cash,
Other stocks, balances
bonds, includwith
ing
notes,
other
stock
and
banks,
deben- of Fed- including
eral
tures
reserve
Reserve balances
bank
15,096
3,793
3,953
1,455
11,486
1,879
49,832 13,154
19, 857 14,313
21,004 6,151
Investments
and
Bank
Real
other
prem- estate
Cusises owned
tomers'
owned, other indirectly liabil- Other
than
ity on
furnireprebank
ture
senting accept- assets
premances
fixbank
tures
premises
or other
real estate
15,996
1,447
6,816
142,978
31,296
91,317
1,516
232
1,510
11,727
11, 966
12, 111
2,303
473
4,148
289,850
39,062
3,496
6,136
139
40
2,347
5,860
272
255
276
Total
257
30
528
1,946
1,224
658
97,391
19,156
68,104
613,344
250,317
343,902
4,643
1,392,214
240
221, 296
307, 355
26,418
37,510
25.382
8,658
310
154
387
30
118
13
305,432 2,456,130 2,167,079
145, 947 174,475
194, 698
184,033 433,850 450,394
14, 268
42,452
30,438
34, 574
69,166
64, 988
29, 247
25, 756
36,559
500,412
35,019
76,805
8,294
10,934
9,324
377, 782
55, 268
104,639
10,454
10, 526
1,207
400,477 123,670 3,692,496 176, 778 72, 986
102,876 25,818
214, 652 40,438 53, 966
296,692 100,839 475, 735 67, 719 99, 509
57,677 2,309
13, 933 4,224
1,430
32,623
6,464 108,196 8,863 2,417
42,616
9,022 1,135
8,448 3,269
29,492
6,633
23,924
670
608
2,302
>, 516 95, 538 10,467,788
342 11, 919 1,062,051
545 24, 283 2, 338,967
186, 729
580
1,318
350,677
169,439
551
1,012
713,501 3, 201,829 2,944,156
640, 788
559,876
70,406 134,189 14, 575, 651
12, 544
7,370
40,013
12,618
5,726
10,991
10,132
35, 763
31,800
24,648
8,009
12,693
17,130
855, 623 262,150 4, 591,372 304, 555 233, 577
= - —
12,926 2,169
63,812 8,332 3,044
7,297 2,957
41,133 3,930 3,771
8,271
122, 285
1,720
2,220
2,231
28,387 1,103
382
682
4,648 2,032
57,430 4,850 4,726
1,996
31,929 1,834
1,164
289
3,116
34, 739 1,860
1,750
837
1,089
41,909 3,105 1,288
236
1,423
65,298 2,434 1,256
916
76, 743 4,208 2,411
1,272
28,484 1,389
1,191
1,398
150
62,107
5,493 4,218
1,162
17,818
44,048 4,332 3,198
2,006 2,272
63,629
9,438
5,085
16,822
1,207
2,765
3,958
4,437
3,076
2,685
6,004
2,824
9,392
1,975
185
104
189
129
231
111
150
180
116
406
170
326
230
35, 698
23,041
22, 474
4,428
22, 939
8,469
9,858
14,039
14, 580
12,008
6,169
43, 750
19, 526
90, 936
39, 241
95,318
19,482
56,609
19,651
36,128
38,303
66,914
29,401
70, 709
50,414
18,381
57, 665
5,417
11,611
11,863
9,598
7,520
19,409
18,752
6,694
28,125
9,271
2,527
236,979
641,803
231, 295
229,437
121,228
67,107
40,745
16,394
698,304 48,966 30,919
1,305
1,123
3
531
3
"128"
52
337
179
3,247
20
19
47
635
22
190
6,948
478
1,213
831
2,180
151
824
635
592
2,938
2,919
493
325
7,030
268,409
154,160
375,195
76,088
174,293
93,125
105,616
147,289
184,296
216,361
86,034
262, 566
155,666
20,800
2,299,098
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California«
Idaho
Utah
Nevada
Arizona
Total Pacific States.
Total United States, (exclusive of possessions)
Alaska
Canal Zone (Panama)6
Guam 2
The Territory of Hawaii
Philippines 21
Puerto Rico 8
American Samoa2
Total possessions
Total United States and
446
369
543
376
480
492
541
557
3,804
240,145
82,063
264,562
161,800
62,604
31, 259
48, 503
184,027
91,735
16,154
40,147
45,346
15,087
10,209
17,683
36, 777
61,935
19,627
135, 273
57, 684
26,066
21,188
29,694
65,052
82,589 10,279
33,896 3,417
116,337 1,744
52, 632 1,151
718
77,420
38
16,694
259
23,305
43,330 28, 960
32,814 24,701
9,287 8,562
13, 921 7,101
16,201 4,640
8,595 4,819
3,938 1,285
5,281
1,526
12,497 9,663
5,712
654,695 1,131.811 1,074,963
273,138
416,519
446, 203 46, 566 1,692,830 102, 534 62,297
10,583
1,416
874
2,655
9,179
2,618
902
2,720
507
1,587
2,392
4,889
4,012
17,471
4,718
800
5,293
872
11,435
980
1,367
1,958
1,572
2,790
309
3,682
305
176
51
40
22
64
153
18
98
120
14
5,997
11,685
22,692
50,666
25,990
8,059
24,263
5,930
20,416
802
892
1,356
3,637
1,040
420
902
158
619
706
397
242
1,201
282
73
293
69
74
175,698
9,826
3,337
182
218,095
61,863
48,597
102,400
55,341
29, 547
64,294
74, 558
243,062
76,854
214,649
115,018
93,593
66,079
135, 217
187,339
911
1,401
172
469
9
1,066
843
1,564
3,042
4,796
18,094
3,027
1,966
2,696
586
2,326
11, 777
30,178
61,861
13,129
6,208
16,474
4,239
17, 720
2,358
3,410
10,107
22,085
13, 224
1,491
7,668
1,570
5,103
1,414
38,097
171,446
67,016
22,458
51,882
13,139
580
99
48
128
32
46
4
7
9,514
3,585
323, 929
3,166
14, 588
266
3,943
17,343
11,125
210,287
12,139
20, 219
481
3,913
11, 619
6,297
315,229
5,966
16,292
748
5,053
1,770
3,570
18,251
5,992
3,703
104
1,092
5,765
4,491
136, 334
4,240
5,557
188
2,485
3,681
1,903
48,968
1,426
2,670
141
1,130
83
146
4,507
67
466
8
53
20,375 1,061
9,563
568
253, 364 26,931
18,329
704
30,144
953
657
37
10,740
315
141
503
19, 552
66
204
6
527
7
8
335
7
298
364
358,991
275,507
361,204
34, 482
159,060
59,919
5,330
343,172 30, 569 20,999
657
9,361 2, 223, 559 5, 691,932 4,985,989 1,066,952 1,454,284 1, 563, 219 371,765 7, 791,226 535,512 376, 511
90,657
9,860
9
2
1
11
13
12
1
1,052
2
61
12,135
24, 700
5,740
2,696
134
70
17,808
67,919
27,578
27
225
20,614
9,244
1,396
45
535
1
116
4,162
7,514
1,028
9
6,698
9,268
378
40
799
976
125
49
43,690
116, 232
32,884
658
13,082
18,265
2,060
1,360
6
369
1,881
160
2,886
1,127
41
15,898
62,624
10,395
63
180
72
3
2,025
2,253
917
1
3
874
3,369
855
13
93,034
5,379
139
1,153 1,396,218
1,073
431,584
7,776 1,295,496
3,183
765,826
1,147
450,421
222
227,004
261
433,821
4,532
931,716
600
19,347 5,932,086
329
Il8
14
4
125
126
293
498
71
32
66
19
184
14
46
1
112
5
39
1,530
2
1,569
264
98
109
621
135
5
159
18
251
26,394
38,471
78,141
186,497
67,106
20,252
64,360
14,374
59,726
1,660
555,321
97
917
4,944
142
149
9
104
71,495
42,676
1,364,161
52,244
95,243
2,645
29,357
6,362 1,657,821
73,584 187,001 26,412,191
23
137
5,081
100
3,423
18 19,058
3,038 25,082
10,799
6,344
503
84, 971
206,944
76,671
205
5,186
^23
3,056 52,888
386,437
9,410 2,267,249 5,808,164 5,018,873 1,067,610 1,467,366 1, 581,484 373,825 7,884,260 540,891 381,697
90,680
1 Includes loan and trust companies and stock savings banks.
2 June 30, 1938.
3 Includes 12 industrial banks with assets of approximately $8,000,000, not previously
included
in reports.
4
Includesfiguresfor 7 trust companies doing only title-insurance business.
6
Includes trust companies and other financial institutions without deposits.
6
Branches of American national banks.
383,669
117,877
443,870
205,585
104, 562
46, 536
106, 732
283, 999
76,640 239,889 26,798,628
7
Includes figures for branches of an American national bank and foreign banks,
s Includesfiguresfor branches of American national and foreign banks.
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of Dec. 31,1938, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities
were not available direct from State banking departments.
CO
TABLE N O . 52.—Assets and liabilities of active State (commercial), banks, Dec. 81, 1988—Continued
8
LIABILITIES
[In thousands of dollars]
Location
Maine
New Hampshire..
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..
Total Eastern States_.
Virginia
West Virginia.._
North Carolina.
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States.
Demand
Time dedeposits
posits of U. S. Gov- Deposits
of individ- individernment
of States
uals, part- uals, part- and postal and politnerships,
nerships,
ical subsavings
and corand cordivisions
deposits
porations porations
21,791
2,847
7,685
282,075
48, 768
149, 593
50,647
12,075
42,557
151,898
140,389
107,092
943
16
103
12,948
494
1,897
6,245
884
1,875
30,077
10,527
18, 466
Deposits
of banks
796
168
43
28,021
2,381
11,021
Other
deposits i
1,134
62
274
11,280
1,751
2,602
Total
deposits
81,556
16,052
52, 537
516,299
204,310
290,671
Bills payable, rediscounts,
and other
liabilities
for borrowed
money-
Acceptances executed b y
or for account of
reporting
banks
247
76
18
136
265
277
Other liabilities
77
45
145
2,297
2,912
1,386
Total liabilities
excluding
capital accounts
81,880
16,173
52, 700
518,861
207, 499
292,193
512,759
504,658
16,401
68,074
42, 430
17,103
1,161,425
477
542
6,862
1,169,306
5,126, 231
329,494
856,490
109, 259
146, 238
73,663
1,137,765
492,228
695,034
30,275
102,228
63,995
189, 511
10,857
41,581
943
9,713
142
371,993
64,371
134,336
6,344
23,789
23
1,999, 971
20,050
120,902
1,797
19,004
2,220
152,884
8,396
12,361
2,677
1,289
2,487
8,978,355
925,396
1,860,704
151, 295
302,261
142,530
7,855
2,243
1,565
162
24
80,021
352
545
85, 595
9,307
15,964
772
1,303
1,042
9,151,826
937,298
1, 878,778
152,229
303,588
143, 575
6, 641,375
2, 521, 525
252,747
600, 856
2,163,944
180,094
12,360,541
11,849
80,921
113,983
12, 567,294
76, 600
51, 814
120,167
35,967
68,660
43,178
43,745
59,936
78,273
130, 653
42,007
107,933
58, 632
108, 755
56,019
77,311
17,000
46,029
21,926
28,009
40,316
39,302
21,753
17,755
73,822
54, 265
3,296
1,522
6,204
309
3,527
1,514
1,998
1,558
7,812
1,860
469
2,863
2,209
1,884
1,742
4,946
299
1,297
683
418
495
1,066
1,918
844
1,524
538
229,646
126,242
331,679
67,525
143,491
79,909
90,470
128,459
163,610
182, 707
73,660
212,541
133,179
100
272
461
23
309
249
190
70
14
194
95
972
370
3
11,230
41,571
11, 279
11, 516
11,676
10,358
21,230
31,091
22,139
8,410
17.357
13; 807
22, 272
3,915
81,480
2,671
12,462
932
5,942
4,924
6,066
4,384
4,175
9,042
3,728
22
190
3,274
280
2,969
173
972
139
201
1,072
476
655
82
9,240
767
233,023
126,794
335,237
67, 721
144,853
80,306
90,861
129,620
164,126
183,556
73,837
222,775
134,506
917,565
602,262
35,141
228,503
161,993
17,654
1,963,118
3,319
478
20,300
1,987,215
"128
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
..-
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of
possessions)
Alaska
Canal Zone (Panama).
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions. _
Total United States and possessions
139
2,984
835
5,895
4,217
924
505
761
8,914
1,235,144
379,944
1,176,136
685,653
390,924
200, 552
390,652
828,802
677
25,035
5, 287,807
38
33
477
98
22
703
6
112
21, 724
32,670
66,098
159,871
60,102
17, 639
57,920
13,067
52,478
1,489
481, 569
451
40
37,102
134
423
2
134
63,041
38,117
1, 229,051
46,947
84,192
2,337
27,084
1,680
38, 286
1, 490, 769
84, 298
205,955
22, 983,960
8
40
en
3,044
36,403
8,707
1
9,380
6,344
70,974
180,484
71,067
174
4,255
48, 253
338,833
88, 553
254, 208
23,322, 793
492,883
150,091
613, 434
212,325
123, 215
61,626
170,017
376,834
578,873
156, 736
382,984
379, 794
229,462
110,333
154,531
190, 675
14,237
3,955
12,078
4,555
3,267
2,217
2,558
19,139
79,506
57,393
51,001
64, 622
20,776
22,023
51,363
54,989
58, 571
6,907
101,050
13,832
9,080
1,392
6,696
168,696
7,521
4,014
9,464
6,262
4,147
2,264
4,575
4,978
1, 231,591
379,096
1,170,011
681,390
389,947
199,855
389, 740
815,311
239
13
36
32
53
192
151
4,438
330
2,200,425
2,183, 388
62,006
401, 673
366, 224
43,225
5, 256,941
5,154
13,158
14, 527
38, 417
74, 111
27,161
8,185
30,692
8,110
31,394
5,697
9,926
19,224
40, 712
16, 967
6,589
20, 292
2,487
10,341
267
300
241
1,781
229
54
51
47
243
1,715
7,222
7,210
37,827
10,151
2,425
3,952
2,267
9,178
421
404
382
2,943
4,844
229
1,548
27
500
422
258
482
1,204
645
135
682
123
710
21,680
32,637
65,956
158,578
59,997
17,617
57,217
13,061
52,366
6
245, 755
132,235
3,213
81,947
11, 298
4,661
479,109
971
25, 841
15,021
317,176
21, 756
27, 500
743
9,531
30,485
17, 286
734,802
13,367
38,498
779
13, 497
372
375
8,706
336
244
5
20
4,456
4,791
33,138
9,446
9,717
777
3,568
908
396
88,084
1,513
6,916
5
130
464
208
7,986
389
894
26
204
62, 526
38,077
1,189,892
46, 807
83, 769
2,335
26,950
25
39
416
6
1,641
417, 568
848, 714
10,058
65,893
97,952
10,171
1,450,356
447
10,935,447
6,792, 782
379, 566
1,446,946
2,843, 841
272,908
22, 671,490
22, 217
3 592
1,664
4,452
2,013
294
2,556
732
1
257
50
45
20
9,372
6,304
QQ
9Q1
20,919
49, 530
15,945
29
38,669
52, 922
16,041
92
72
6,900
30,085
18,383
52
1,145
10,197
1,208
225
1,268
1,489
67,930
144,002
55,449
173
61
2,674
18
4,237
91,718
114,480
5,305
56,181
12,857
3,049
283,590
2,735
11,027,165
6,907, 262
384,871
1, 503,127
2,856,698
275,957
22,955,080
24,952
2,383
194
14
142
816
7
i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks gold for cash, and amounts due to reserve agents (transit account).
4.10
Is3
OO
to
to
TABLE NO. 52.—Assets and liabilities of active State (commercial), banks, Dec. 31, 1938—Continued
00
CAPITAL ACCOUNTS
[In thousands of dollars]
Location
CapHal notes
and debentures Preferred stock Common stock
Maine
New HampshireVermont
Massachusetts. _.
Rhode Island
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..
Total Eastern StatesVirginia
West Virginia.-.
North Carolina.
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern Siates.
4,732
325
7,137
7,402
1,115
3,057
56,329
2,897
622
1,878
82
80
4,754
10,313
Undivided
profits
3,139
1998
1,332
i 36, 077
1 26, 267
17,192
2,190
• 559
1,652
10, 651
2,080
5,978
1,280
219
2,633
1,0
Total capital
accounts
Total liabilities
and capital
accounts
15,511
2,983
15,404
94, 483
42,818
51, 709
97,391
19,156
68,104
613, 344
250,317
343,902
23, 768
71,915
85,005
23,110
19,110
222,908
1, 392, 214
18,503
32, 553
25,435
425.936
42,007
117, 736
17,886
9,650
2 745,194
29, 392
233, 796
18,003
14, 787
10,022
8,483
34,303
5,335
5,296
3,746
70,000
12, 31S
48,919
979
3,331
1,188
1, 315, 962
124, 753
460,189
34,500
47,089
25,864
10,467,788
1,062,051
2, 338,967
186,729
350,677
169,439
76,491
623, 211
1,051,194
57,163
136, 735
2,008, 357
14, 575,651
5,243
8,990
8,467
12, 277
2,385
8,824
4,053
3,499
4,724
4,867
6,839
2.139
3,633
2,796
5,173
2,545
1,336
3,588
2,483
4,567
3,517
14,975
11,870
14,190
3,869
13,957
6,084
5,606
6,280
8,183
16, 713
5,122
18,609
9,348
11, 407
3,939
886
3,210
921
1,829
483
1,633
2,804
1,685
3,247
2,764
600
1,571
938
1,124
913
1,650
1,695
768
1,961
1,592
35, 386
27, 366
39,958
8,367
29,440
12,819
14, 755
17,669
20,170
32,805
12,197
39, 791
21,160
268,409
154,160
375,195
174, 293
93,125
105, 616
147,289
184, 296
216, 361
86,034
262, 566
155,666
33,009
134,806
82,410
31,064
20,281
311,883
2,299,098
187
5,789
1,258
63, 563
4,170
882
2,650
31,357
12, 270
20,586
Surplus
Reserves and
retirement
account for
preferred stock
and capital
notes and
debentures
4,730
5
823
2,697
5,187
3,757
••
1
3
w
3
to
o
«—•—•
W
a
3
O
Ohio
Indiana
Illinois
Michigan
10 Wisconsin
^ Minnesota
co Iowa
_q Missouri
32,814
10,668
4,385
4,699
L
o
67, 341
12, 653
2,122
Total Middle Western States
North Dakota
South Dakota
M Nebraska
50
Kansas
Montana
Wyoming
Colorado __
New Mexico
Oklahoma
964
747
570
163
_
2,444
Total Western States
Washington
Oregon.
California
Idaho
Utah __
Nevada _
Arizona __ _
720
840
3,034
__
1,160
Total Pacific States
Total United States (exclusive of posses
sions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions
1
Includes guaranty fund.
Includes undivided profits.
36, 611
11, 313
28,635
16,059
9,037
6, 219
10,877
22, 966
12,097
5,476
19,418
7,079
5,531
3,314
5,651
14, 517
8,517
2,247
19,806
5,658
4,485
1,428
3,193
5,876
161,074
51, 640
119,360
80,173
59,497
26,452
43,169
102,914
1,396,218
431,584
1,295,496
765,826
450,421
227,004
433,821
931, 716
24,451
286, 477
141, 717
73,083
51, 210
644, 279
5,932,086
2,355
3,103
6,687
12, 744
3,433
749
2,481
513
4,057
936
962
2,455
7,742
1,578
751
2,141
324
2,057
321
738
1,343
3,313
772
224
856
85
896
94
251
422
617
364
143
275
103
238
4,670
5,801
12,043
26, 626
7,004
2,613
6,440
1,307
7,248
26,394
38,471
78,141
186.497
67; 106
20,252
64,360
14, 374
59,726
36,122
18,946
8,548
2,507
73, 752
555,321
3,753
2,072
49, 572
1,588
5,183
112
1,072
2,243
766
32, 565
1,163
2,647
55
1,024
1,342
575
22,055
1,014
1,510
68
118
396
306
13,016
785
450
20
59
8~454
4,559
135,110
5, 297
11,051
308
2,273
71,495
42,676
1,364,161
52,244
95,243
2,645
29,357
18, 328
566
2,210
694
746
687
282
5,185
14, 868
747
101
53
5,754
15, 769
63, 352
40,463
26, 682
15,032
167,052
1,657,821
149,415
178, 673
1,215,883
1,419, 735
219, 650
244,875
3, 428, 231
26,412,191
575
305
427
25
5,920
12, 330
2,947
35
4,508
7,171
776
4
25
1,325
930
342
1
8
2,244
6,029
1,089
1
93
13,997
26,460
5,604
31
10,799
6,344
503
84,971
206,944
76,671
205
21, 797
12, 799
3,050
9,483
47,604
386,437
1, 237,680
1,432, 534
222,700
254, 358
3,475,835
26,798,628
450
25
_.
Total United States and possessions
2
3,452
1,639
70,003
21,936
47,116
33,049
27, 791
13,369
19, 996
53, 217
1,032
475
149,890
178, 673
112"
1,419
3
n
w
3
j
Q
Kj
fcO
OO
CO
TABLE N O . 53.—Assets and liabilities of active mutual savings banks, Dee. SI, 1988
ASSETS
[In thousands of dollars]
Other
U.S. Securities
guaranloans,
teed by
includ- Government
U.S.
Num- Loans on ing re- securGovernber of
disreal
ities,
ment as
banks estate counts direct
to interand
est and
over- obligations principal
drafts
Location
Maine _
New Hampshire 12
Vermont
Massachusetts
Rhode Island
Connecticut
_
Total New England States..
New York
New Jersey3
Pennsylvania . .
Delaware. _
Maryland
Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota
Total Middle
States
32
44
8
193
9
73
27,977
54,926
25,067
994, 311
46,433
339,163
1,847
6,791
2,258
35,251
3,773
8,694
44,571
27,810
10,165
585,645
44,313
132,826
359 1,487, 877
58,614
1,516
11,419
4,360
29,464
4,959
16,933
Obligations of
States
and political
subdivisions
6,801
6,880
1,442
70,058
2,846
20,558
Investments
and other
assets indirectly
representing bank
premises
or other
real estate
Other
bonds,
notes,
and
debentures
Cash, balances
with
Corpo- other
rate
instocks banks,
cluding
reserve
balances
Bank
premises
owned,
furniture
and
fixtures
46,079
71,503
7,340
372,342
55,113
152, 291
3,716
15,063
2,025
38,995
20,564
34,039
7,730
8,418
3,300
64,090
9,461
35,478
2,810
1,335
7,732
1,884
776 10,535
20,260 155,116
3,350
1,164
6,345 49,047
8
8
Real
estate
owned
other
than
bank
premises
Customers'
liabil- Other
ity on
accept- assets
ances
8
243
3,646
8,783
50
7,704
Total
assets
144,390
212,669
70,922
2,374, 315
192,026
803,078
845,330
68,651
108, 585
704, 6.68 114,402
128,477
31,764 228, 590
20,434
3,797,400
134 2,984,339
24
131,268
7
85, 257
2
12, 871
12
37, 992
2,180 1,351,853
57,456
361
153,093
899
1,800
127
94,899
1,024
174,630
7,768
31,721
372
9,431
393, 986
45, 718
92, 316
1,975
1,141
419, 286
70, 579
211, 755
24, 245
70,133
37,429
93
8
175
21
341,540
17,644
31,809
1,600
29,199
78,272 352,951
5,358 39,953
10,087 23, 721
343
764
3,663
1,565
59, 412
3,435
1,068
7
6,195,878
379,633
641, 734
44,272
249,075
179 3, 251, 727
4,591 1,659,101
223,922
535,136
795,998
37,726
421,792
96,046 420,631
63,922
7, 510,592
15,475
3,400
621
4,415
1,181
85
91
25
4,414
936
25
1,092
147
423
12
3
131,059
24,486
5,147
70,019
147
438
230,711
459
2
69,845
2,105
461
71,950
3
5
4
1
26,375
10,893
2,168
9,932
13,625
1,287
49
12
29,115
3,892
192
12, 250
3,401
1,168
518
10,643
5,832
2,326
1,010
15, 349
29,941
206
463
16, 298
1,277
134
10
13
49,368
14,973
45,449
15, 730
24,517
46,908
1,421
23,911
1,382
6,467
3
1
25, 638
1,125
780
27
15,552
51
8,964
5,581
587
8,473
145
3,857
167
306
1
235
4
26, 763
807
15, 603
8,964
6,168
8,618
4,024
307
235
=====
Western
Washington .
Oregon
Total Pacific States
Total United States
555 4,815,735
78,985 2,565,483
317, 267
674,406 1, 556,192 153, 549
578, 204 129,499 655,923
155
85, 255 11,610,653
»June
30, 1938.
2
Includes 10 guaranty savings banks.
»Includes two "associations" which possess the characteristics of both a savings bank and a building and loan association, in that all of the deposits are invested in bonds and
mortgages and each depositor has the privilege of making a mortgage loan.
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit Insurance Corporation in its call made as of Dec. 31, 1938, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities were not available direct from State banking departments.
LIABILITIES AND CAPITAL ACCOUNTS
[In thousands of dollars]
Capital accounts
Liabilities
Location
Demand
deposits
of individuals,
partnerships,
and corporations
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England
States
New York
New Jersey...
___
Pennsylvania
Delaware
Maryland
Total Eastern
States
Ohio
Indiana
Wisconsin.
Minnesota
Total Middle Western States
Washington
Oregon
.S.
Time de- U
posits of Governindivid- ment
uals,
and
partner- postal
ships,
savand cor- ings
poradetions
posits
Bills
payDeable, reposits
disof
counts,
De- Other
States posits
and
deTotal
and
other
of posits1 deposits
politi- banks
liabilical
ties for
subdiborvisions
rowed
money
127,196
190,243
57,162
2,131,957
176,185
718,986
362
128 3,401, 729
362
128
5,404,623
338,116
591,986
37,592
222,806
6,595,123
29
422
451
75
75
121,099
20,220
4,528
65,947
439
2
211,794
441
65,926
1,953
127,196
190,243
57,676
2,131,957
176,185
718,986
24
Acceptances
Total
executed Other liabili- Capital
notes
ties exby or liaand
for ac- bili- cluding debencapital
count ties
tures
accounts
of reporting
banks
Surplus
74
127,272
41
190,284
327
58,003
1,857 2,133,934
1,406
177, 591
948
719,934
9,100
215,199
184
2140,399
2 11,355
50,422
4,653 3,407,018
10,425
2
120
22,303
390,382 3, 797,400
779,568 6,195,878
37,285
379,633
45, 610 641,734
6,603
44,272
25,929
249,075
19,039 6,615, 597
600
800,847
13,860
79,688
894,995 7, 510,592
1,696
6,029
2,858
264
3,000
949
288
51
1,029
1,039
183
50
9,713
3,329
610
4,029
131,059
24,486
5,147
70,019
1,941
12,151
2,317
1,272
17,681
230,711
•3,194
2 31
241
34
2
5
3,437
70
69,845
2,105
3,225
275
7
3,507
71,950
523
2
834
11,164 5,416,310
342,348
4,232
596,124
3,301
37,669
2
223,146
340
1 6,595,201
1,357
1
53
2
23
121,131
21,157
4,530
65,947
215
7
43
121,346
21,157
4,537
65,990
54
25
212,765
265
213,030
65,931
2,023
477
12
66, 408
2,035
Total Pacific States.
68,443
67,879
489
67,954
75
Total United States.
579 10,276,525
24,446 10, 304,088
26 10,278,163
1,479
878
155
!1 Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash,
Mtata gWKkty
te4.
^Includes undivided profits.
17,118
144,390
22,385
212,669
12,919
70,922
240,381 2,374,315
14,435
192,026
83,144
803,078
68,381
4,061
1,749
5,497
122
5,404,623
338,116
1 591,989
37 667
222,806
5
70
9,077
285
3,102
3,004
379
6,456
217,559 140,095
3,402, 243
2
6,716
6,901
533
96,978
2,701
26, 266
3 711,187
31,685
600
939
43,292
569
1,000
106
213,683 * 12, 246
24
=
1,325
Reserves
Total
and reliabilitirement Total ties
and
Undi- account capital capital
vided
for
accounts
acprofits capital counts
notes
and debentures
245
12,966 1,033, 782 156, 547
4 Includes reserves*
103,270 1,306,565 11,610,653
TABLE N O . 54.—Assets and liabilities of active private banks, Dec. SI, 1988
s
ASSETS
[In thousands of dollars]
Location
Number of
banks
Other
U.S.
Securities
loans, in- Govern- guaranteed
Loans cluding
ment
by U. S.
redissecurion
Governcounts
ties,
ment as to
real
and
direct
interest
estate
overobliga- and prindrafts
tions
cipal
Cash,
Obliga- Other
balances
tions of bonds,
with
States
Corpo- other
and po- notes,
rate banks, inand
litical
stocks cluding
subdi- debentures
reserve
visions
balances
C onnecticut
4
121
287
New York
New Jersey
Pennsylvania
13
1
19
110
15
802
63,353
6,988
25,230
1,285
6,205
33
927
70,341
312,665
12,997
61,231
1
5
669
13
17
1
704
380
67
1,411
1,093
146
227
643
38
89
191
102
260
31
1,151
2, 650
908
280
362
Total Eastern States
South CarolinaOhio „
Indiana.
Iowa
_
Total Middle Western
States. _
Kansas
Total United States
1
70
287,435
11, 712
55,026
73, 949
313,573
13, 277
61,593
Other
assets
Total
assets
W
16
157
11
520
15,456
12
3,833
20,386
3,813
1,852
118
36
385
26,147
2,395
183,387
3
18,440
1,813
19, 301 22. 781
201,830
5,665
539
27,960
50
178
1
932
156
170
8
26
643
1,871
72
66
38
8
139
92
2
1
1
3,546
4,767
331
O
326
34
2, 586
112
231
2
2
8,644
W
20
3
204, 771
5,791
19, 725 22,881
29
155
1,365
2,583
8,355
669, 526
66
77,583
10,938
747,175
25
1,319
2
27, 960 11,096
758,141
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit Insurance Corporation in its call made as of Dec. 31,1938, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities were not available direct from State banking departments.
Q
O
98
2
2,204
Investments
and
other
Real
Bank
assets in- Custoestate
premises owned
mers'
directly
owned,
other
represent- liabilfurniture
ity
on
than
ing bank acceptand
bank
premises
fixtures premises
ances
or other
real
estate
g
g
O
cj
LIABILITIES AND CAPITAL ACCOUNTS
[In thousands of dollars]
Liabilities
Location
Demand
deposits
of individuals,
partnerships,
and
corporations
U.S.
Time
deposits GovDeposernof indiits of
viduals, ment
States Deposand
partner- postal
and
its of
ships,
banks
sav- political
and
subdiings
corpovisions
rations deposits
Other
deposits1
404
307
414,935
13,885
6
11,040
40
121,208
258
51,383
1
1,089
1,189
Total Eastern States.. 466,318
24,931
1
1,129
122,397
Connecticut
New York
New Jersey
Penns ylvania
Total Middle Western States
Total
deposits
550,326
6
64,799
4,150
26,908
97
167
1,902
4,317
28,810
355
615,131
17
1
487
1,360
2,262
140
1,348
1,063
96
184
966
68
6
8
2
2,898
4,299
306
3,762
2,507
1,218
16
7,503
372
623, 842
10
Total United States.. 470, 831
5
5
10
27, 877
1
2,364
122,397
i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
_ l
251
132
Kansas
Bills
payable, re- AcceptTotal
ances
disliabilexecounts, cuted
by Other ities
and
or for liabil- excludother account
ing
ities capital
liabiliof reties for porting
acborcounts
banks
rowed
money
711
337
South Carolina
Ohio
Indiana Iowa
Capital accounts
4,573
28,810
963
stock
Surplus
Undivided
Reprof- serves
its
Total
liabilities
Total
and
capital capital
acaccounts counts
n
w
243
55
104
2,490 583, 874 31,415 2 32,817
6
57
41 66,909 310, 035
2,531 650, 789 41,450
32, 874
400
2,903
4,299
306
293
241
25
202
174
146
46
7,508
559
376
10
10
5
2
Includes undivided profits.
3 Includes surplus and undivided profits.
1,365
21,420
3
639
85,652
60
10,674
669,526
66
77,583
22,062
96,386
747,175
45
487
2,532 659, 757 42,662
402
33,310
445
932
2
7
643
468
25
3,546
4,767
331
192
9
1,136
8,644
15
25
341
22,071
98,384
758,141
o
o
w
o
TABLE NO. 55.—Assets and liabilities of all active banks other than national, Dec. SI, 19S8 {includes State (commercial), mutual savings, and
private banks)
ASSETS
[In thousands of dollars]
Number of
banks
Location
Maine
NTP.W TTampshirG 1
Massachusetts
Rhode Island
Connecticut
Total New
States..._
_.
--
England
New York
New Jersey _ _ - . —
Pennsylvania.
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia ._ . .
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi Louisiana
_.
Texas
Arkansas
Kentucky
.
Tennessee
Total Southern States
Loans
on real
estate
Other
U.S.
loans,
includ- Government
ing rediscounts securities,
direct
and
obligaovertions
drafts
Securities
guaranteed by
U.S.
Government
as to
interest
and
principal
Obligations of
States
and
political
subdivisions
Other
bonds,
notes,
and
debentures
Corporate
stocks,
including
stock
of
Federal
Reserve
bank
61,175
75,456
18,826
422,174
74,970
173,393
7,509
16,518
3,904
52,149
34,877
40,206
23,726
9,865
10,116
207,068
40, 757
126,952
2,851
2,116
2,286
31,987
13,130
18,467
418,484
Cash,
Bank
balances premReal
with
ises
estate
other
owned, owned
banks,
furniother
includture
than
ing
and
bank
reserve
fixpremises
balances tures
Investments
and other Cusassets
indirectly tomers'
Other
represent- liability
on
assets
ing bank acceptpremises ances
or other
real
estate
Total
assets
5,239
12,183
6,628
36,720
9,841
24,458
8,133
7,538
3,343
84,653
5,910
36,518
328,437 1,152,685
95,069
146,095
825,994 155,163
70,837
254,492
8,666
457 37289788T 2,521,663 3,806,367
174,836 252,154
179 277,230
270,092 441,737 628,717
413
27,139
42, 579
32,238
32
159,887
70,190
72 566
130
36,559
25, 756
13
29,247
686,754
42,787
109,811
8,666
20,365
9,324
826.794
100,986
203,160
12,429
11,667
1,207
835,219 181,485 4,217,423 258,863
173,467 25,911 232, 299 45, 796
512,280 103, 242
525, 984 79,658
38,178 4,399
59, 277
3,073
102, 756
6,485 137,395 10,428
9,022
1,135
42,616
8,448
426,055
93,955
123,615
1,773
6,080
3,269
29,492
6,633
23,924
670
608
2,302
95,663 157, 533 17,333,192
342 15,354 1,441,750
2,358 33,706 3,058,284
580
231,001
599,752
1,325
551
169,439
3
877,707 1,156,243 1,670,922 322,657 5,214,994 406,266
98,366 209,049 22,833,418
63
43,281
60 272
56
47,502
42
265 1,072,985
94,011
23
154 391,243
26,121
9,631
10,913
161,917
35,232
84,623
603 1,709,294
58,229
29,768
16,603
740,733
119,359
187,993
5,113
8,205
14,683
163,942
6,846
55,703
139
48
2,347
5,860
272
255
276
531
654,747
63,629
185
104
189
130
231
111
150
180
116
406
170
326
230
35 698
23,041
22, 474
4 433
22,939
8,469
9,858
14,039
14,580
12,008
6 169
43,750
19,526
90,936
39,241
95,318
20 151
56,609
19, 651
28,697
36,128
38,303
66,914
29 401
70,709
50,414
26,989
18,381
57,665
5,417
11,611
11,863
9,598
7,520
19,409
18, 752
6,694
28,125
9,271
9,438
5,085
16,822
1,207
2,765
3,958
4,437
3,076
2,685
6,004
2,824
9,392
1,975
12,544
7,370
40,013
12, 618
5,726
10,991
10,132
35, 763
31,800
24,648
8,009
12,693
17,130
12,926
7,297
8,271
2,231
4,648
1,996
3,116
1,089
1,423
2,888
1,398
17,818
2,006
2,169
2,957
1,720
432
2,032
289
837
236
916
1,272
150
1,162
2,272
63,812
41,133
122, 285
28, 565
57,430
31,929
34, 739
41,909
65,298
76, 743
28,484
62,107
44,048
8,332
3,930
6,096
1,103
4,850
1,834
1,860
3,105
2,434
4,208
1,389
5,493
4,332
3,044
3,771
2,220
711
4,726
1,164
1,750
1,288
1,256
2,411
1,191
4,218
3,198
1,305
1,123
3
128
52
337
81
9
179
3,247
20
19
26
47
635
2,528
236,984
642,472
231,295
69,668
229,437
67,107
16,444
698,482
48,966
30,948
6,948
1,224 3,966,155 3, 276, 761 4,915,922
241,781
265
231,825
273
139,026
4,174
10,729 2,987,659
442,343
1,274
8,517 1,148,345
25,232
5,190,979
22
190
1,213
831
2,180
152
824
635
592
2,938
2,919
493
325
7,030
669
268,409
154,160
375,195
77,020
174, 293
93,125
105,616
147,289
184,296
216,361
86,034
262,566
155,666
478
20,801
2,300,030
3
to
oo
Ohio
Indiana _
Illinois
Michigan.
Wisconsin
_
Mfnnesota
Iowa
Missouri
__
Total Middle
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma..
Total Western
__
Western
462
391
543
376
484
493
542
557
245,174
73,136
48, 597
102,400
57,509
39,479
64,361
74,558
258,098
79,234
214,649
115,018
93,642
66,091
135,363
187,339
269,487
86,598
264,562
161, 800
62, 796
43, 509
48,541
184,027
95, 225
17,513
40,147
45,346
15,605
20,852
17,683
36, 777
67, 869
22, 213
135, 273
57,684
27,076
36,537
29,694
65,052
112,686
34,272
116,337
52,632
77,883
32,992
23,305
43,330
11,564
3,577
1,744
1,151
728
38
259
28,960
34,061
9,410
13,921
16,201
8,686
3 963
5,289
12,497
29,254
9,590
7,101
4,640
4,844
2 377
1,526
9,663
5,712
1,060
1,401
172
469
9
1,066
843
329
705, 214 1,149,434 1,121,320
48,021 1, 719,327 104,028
399,787
123,148
443, 870
205,585
105,183
50,951
106,804
283,999
289,148
441, 398
493,437
68,995
10,732
125
126
293
499
71
32
66
19
184
1,564
3,042
4,796
18,094
3,027
1,966
2,696
586
2,326
9,860
11, 777
30,178
61,863
13,129
6,208
16,474
4,239
17, 720
2,358
3,410
10,107
22,085
13, 224
1,491
7,668
1,570
5,103
1,416
874
2,655
9,179
2,618
902
2,720
507
1,587
2,392
4,889
4,012
17,471
4,718
800
5,293
872
11,435
980
1,367
1,958
1,572
2,790
309
3,682
305
176
51
40
22
64
153
18
98
120
14
5,997
11,685
22, 692
50,686
25,990
8,059
24,263
5,930
20,416
802
892
1,356
3,640
1,040
420
902
158
619
706
397
242
1,201
282
73
293
69
74
4
States-
1,415
38,097
171,448
67,016
22,458
51,882
13,139
580
175, 718
9,829
3,337
182
Washington
Oregon
California
_
-Idaho
Utah
Nevada
Arizona...
Total Pacific States
Total United States (exclusive of possessions).
102
49
128
32
46
4
7
35,152
4,710
323,929
3,166
14,588
266
3,943
18,123
11,152
210, 287
12,139
20,219
481
3,913
27,171
6,348
315,229
5,966
16,292
748
5,053
10,734
3,570
18,251
5,992
3,703
104
1,092
11,346
5,078
136, 334
4,240
5,557
188
2,485
12,154
2,048
48,968
1,426
2,670
141
1,130
83
146
4,507
67
466
8
53
24,232
9,730
253,364
18,329
30,144
657
10,740
1,367
569
26,931
704
953
37
315
376
503
19, 552
66
204
6
527
7
335s
7
298
368
385, 754
276,314
376, 807
43,446
165, 228
68, 537
5,330
347,196
30, 876
21,234
657
3,848
__
Alaska
Canal Zone (Panama)
Guam i
The Territory of Hawaii
Philippines *
Puerto Rico
American Samoa »__
Total possessions.
._
Total United States and
possessions
i June 30,1938.
9,986 7,041, 498 5, 844, 866 7,865,045 1, 397,496 2,190, 283 3,139,136 548,195 8,574, 201 670, 802 1,033,753
9
2
1
11
13
12
1
1,052
2
61
12,135
24,700
5,740
2,696
134
70
17,808
67,919
27,578
27
225
20, 614
9,244
1,396
45
535
1
116
4,162
7,514
1,028
9
6,698
9,268
378
40
799
976
125
49
43, 690
116,232
32,884
658
13,082
18,265
2,060
1,360
6
369
1,881
160
2,886
1,127
41
15, 898
62, 624
10,395
63
180
72
3
2,025
2,253
917
1
3
874
3,369
855
13
93,034
5,379
5,186
10,035 7,085,188 5,961,098 7,897,929 1,398,154 2,203,365 3,157,401 550,255 8,667,235 676,181 1,038,939
139
1,577
1,086
7,776
3,183
1,147
225
261
4,532
1, 530, 823
460,837
1,295, 496
765, 826
455, 568
297 023
434,152
931,716
600
19,787
6,171,441
264
98
109
621
135
5
159
18
251
26 394
38 471
78,141
186, 522
67,106
20 252
64,360
14,374
59, 726
1,660
555,346
556
919
4,944
142
149
9
104
141,340
44 781
1,364,161
52,244
95,243
2,645
29,357
6,823
1,729, 771
118
14
14
46
1
112
5
39
1,530
2
1,569
90, 814 101, 544 283,352 38,780,985
23
18
3,038
137
5,081
100
3,423
19,058
25,082
7
10,799
6,344
503
84,971
206,944
76,671
205
23
3,056
52,888
386,437
90,837 104,600 336,240 39,167,422
fcO
oo
CD
TABLE NO. 55.—Assets and liabilities of all active banks other than national, Dec. 31, 1988 {includes State (commercial), mutual savings, and
private banks)—Continued
LIABILITIES
[In thousands of dollars]
Demand
Time
deposits of deposits of U. S. Gov- Deposits
individuals, individuals, ernment
of States
partnerpartner- and postal- and politships, and ships, and
savings
ical subcorporacorporadeposits
divisions
tions
tions
Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States.
21, 791
2,847
7,813
282,075
48, 768
149, 997
177,843
202,318
99, 719
2,283,855
316, 574
826,385
943
16
103
12,948
494
1,897
6,245
884
2,237
30,077
10,527
18,466
Deposits
of banks
796
168
67
28,021
2,381
11,021
Other
deposits *
Total
deposits
1,134
62
274
11, 280
1,751
2,602
208, 752
206,295
110,213
2, 648, 256
380,495
1,010, 368
17,103
Bills payable, rediscounts,
and other
liabilities
for borrowed
money
249
76
18
120
Acceptances executed by or
for account
of reporting banks
265
277
387
Other
liabilities
Total
liabilities
excluding
capital
accounts
209,152
206,457
110,703
2,652,795
385,090
1,013,090
151
86
472
4,154
4,318
2,335
4,577,287
513,291
3,906, 694
16,401
68,436
42,454
4, 564,379
850
542
11, 516
5, 541,166
329,494
907,873
109, 259
146, 238
73, 663
6, 556,273
830,350
1,298,060
67,867
325,034
63,995
189, 511
10,857
41, 582
943
9,713
142
372,033
64,371
135,425
6,419
23,789
23
2,121,179
20,050
122,093
1,797
19,004
2,220
153,142 14,933,304
8,396 1,263, 518
12, 459 2, 517,492
188,962
2,677
525,067
1,289
142, 530
2,487
12,528
2,243
2,566
162
24
106,929
352
2,447
99,249
13,539
19,306
774
1,643
1,042
15,152,010
1,279,652
2,541,811
189,898
526,734
148,575
7,107,693
9,141,579
252, 748
602,060
2,286,343
180,450
19, 570,873
17,523
109,731
135,553
19,833,680
76,600
51,814
120,167
36,304
68, 660
43,178
43, 745
59, 936
78, 273
130,653
42,007
107,933
58,632
108, 755
56,019
77,311
17,132
46,029
21,926
28,009
40,316
39,302
21, 753
17, 755
73,822
54,265
3,296
1,522
6,204
309
3,527
1,514
1,998
1,558
7,812
1,860
469
2,863
2,209
16,839
11, 230
41, 571
11,296
11,516
11, 676
10,358
21,230
31,091
22,139
8,410
17, 357
13,807
22,272
3,915
81,480
2,671
12,462
932
5,942
4,924
6,066
4,384
4,175
9,042
3,728
1,884
1,742
4,946
300
1,297
683
418
495
1,066
1,918
844
1,524
538
229,646
126,242
331, 679
68,012
143,491
79,909
90,470
128,459
163, 610
182, 707
73,660
212, 541
133,179
100
272
461
23
309
249
190
70
14
194
95
972
370
22
190
3,274
280
2,969
173
972
139
201
1,072
476
655
82
9,240
767
126,794
335,237
68,208
144,853
80,306
90,861
129,620
164,126
183,556
73,837
222,775
134,506
917,902
602,394
35,141
228,520
161,993
17,655
1,963,605
3,319
478
20,300
1,987,702
-
New Y o r k . . . .
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
_
West Virginia
North Carolina
South Carolina
Georgia
Florida..
__
Alabama..
MississippiLouisiana
Texas...
Arkansas. __
Kentucky
_
Tennessee
._
Total Southern States
128
•~81~
•
"
Ohio
Indiana
IllinoisMichigan
Wisconsin
Minnesota
Iowa
Missouri
—
_
.
—
—
Total Middle Western States
North Dakota
South Dakota
Nebraska..,
Kansas
.__
Montana...Wyoming
Colorado
New Mexico..
Oklahoma
-.
_..
-.
Total Western States
Washington
Oregon. _,
California
Idaho
Utah
Nevada
Arizona.
Total Pacific States
Total United States (exclusive of
possessions)
Alaska.
Canal Zone (Panama).
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
494,272
152, 775
613,434
212,325
123,215
61,626
170,157
376,834
701,320
178,019
382,984
379, 794
233,990
176,280
154,627
190,675
14,237
3,955
12,078
4,555
3,267
2,217
2,558
19,139
79,690
58,798
51,001
64, 622
20,778
22,023
51,431
54,989
2,204,638
2,397,689
62,006
13,158
14, 527
38,417
74,121
27,161
8,185
30, 692
8,110
31,394
5,697
9,926
19,224
40,712
16,967
6,589
20,292
2,487
10,341
245,765
25,841
15,021
317,176
21, 756
27,500
743
9,531
417, 568
5, 508,345
38
33
477
98
22
703
6
112
21,724
32, 670
66,098
159,881
60,102
17,639
57,920
13,067
52,478
1,489
481, 579
928
52
37,102
134
423
2
134
129,449
40,152
1,229,051
46,947
84,192
2,337
27,084
1,680
38, 775
1, 559,212
113,108
232,933
33,947,805
8
40
50
3,044
36,403
8,707
1
9,380
6,344
410
70,974
180,484
71,067
174
366,278
43,266
5,477,209
5,159
267
300
241
1,781
229
54
51
47
243
1,715
7,222
7,210
37,827
422
258
482
1,204
645
135
682
123
710
21,680
32,637
65,956
158, 588
59,997
17,617
57,217
13,061
52,366
6
10,151
2,425
3,952
2,267
9,178
421
404
382
2,943
4,844
229
1,548
27
500
132,235
3,213
81,947
11, 298
4,661
479,119
971
96,411
19,239
734,802
13, 367
38,498
779
13,497
372
375
8,706
336
244
5
20
4,456
4,791
33,138
9,446
9,717
777
3,568
913
466
88,084
1,513
6,916
5
130
464
208
7,986
389
894
26
204
128,457
40,100
1,189,892
46,807
83, 769
2,335
26,950
25
39
416
6
1,641
916, 593
10,058
65,893
98,027
10,171
1, 518,310
447
11,406,857 17,097,184
379, 567
1,450,188
2,966,393
273, 306 33, 573,495
28,269
257
50
1,145
10,197
1,208
45
20
2
225
1,268
1,489
9,372
6,304
360
67,930
144,002
55,449
173
91, 718
114,480
5,305
56,181
12,857
3,049
Total United States and possessions
_
_. 11,498,575
17,211,664
384,872
1,506,369
2,979,250
276,355
Total possessions
25,300
403,332
294
2,556
_.
677
168, 696
244
13
36
32
53
192
151
4,438
4,452
2,013
291
38, 669
52,922
16,041
92
_
1,359,393
405,400
1,176,136
685,653
395,461
266, 542
390,958
828,802
1,355, 620
404, 552
1,170, Oil
681,390
394,477
265,802
390,046
815,311
3,592
1,664
39
20, 919
49,530
15,945
29
_
139
3,199
835
5,895
4,217
931
548
761
8,914
7,529
4,045
9,464
6,262
4,147
2,264
4,577
4,978
58,572
6,960
101,050
13,832
9,080
1,392
6,696
72
2,383
732
1
28
6,900
30,085
18,383
52
330
194
14
142
816
7
61
2,674
18
4,237
283, 590
2,735
4,255
48, 253
338,835
33,857,085
31,004
117,363
281,186
34,286,638
i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
fcO
TABLE NO. 55.—Assets and liabilities of all active banks other than national, Dec. SI, 19S8 {includes State (commercial), mutual savings, and
private banks)—Continued
CO
to
CAPITAL ACCOUNTS
(In thousands of dollars]
Location
Maine
New HampshireVermont
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
notes and
debentures
1,325
Preferred
stock
Common
stock
Surplus
Undivided
profits
Total
liabilities
and capital
accounts
w
241,781
231,825
139,026
2,987,659
442,343
1,148,345
9,100
10,426
23,768
72,158
302,619
163, 309
41,413
613,692
5,190,979
56,329
600
18,503
32, 553
25,435
457, 351
42,007
127,771
9,996
17,886
9,650
1,489,198
61,134
277,088
19,003
28,470
10,022
9,422
34,872
5,441
17,542
3,746
159,801
16,382
51,307
6,476
3,331
1,188
2,181,182
162,098
516,473
41,103
73,018
25,864
17,333,192
1, 441,750
3,058, 284
231,001
599,752
169,439
76,491
664,661
1,884,915
71,023
5,243
8,990
8,467
12,277
2,385
8,824
4,053
3,499
4,724
4,867
2,483
4,567
3,517
14,975
11,870
14,190
4,269
13, 957
6,084
5,606
6,280
8,183
16, 713
5,122
18,609
9,348
33,009
135,206
187
6,789
1,258
64,163
2,897
622
1,878
82
80
4,754
10,313
4,730
5
823
2,697
5,187
3,757
8,906
7,460
2,185
107,629
4,781
32,348
Total
capital
accounts
4,732
325
7,137
7,402
1,115
3,057
4,170
882
2,650
31,357
12, 270
20,829
3,139
16,197
1,516
176,476
37,622
67,669
Reserves and
retirement account for preferred stock
and capital
notes and
debentures
10,357
504
5,735
12,000
1,465
11,352
25,368
334,864
57,253
135, 255
2,999,738
22,833,418
2,139
11,407
3,939
2,796
5,173
931
3,210
921
1,829
483
1, 633
2,804
1,685
3,247
2,764
2,545
1,336
3,588
600
1,571
938
1,124
913
1,650
1,695
768
1,961
1,592
35,386
27,366
39,958
8,812
29,440
12,819
14,755
17,669
20,170
32,805
12,197
39, 791
21,160
268,409
154,160
375,195
77,020
174,293
93,125
105,616
147,289
184,296
216,361
86,034
262,566
155,666
82,410
31,109
20,281
312,328
2,300,030
o
o
o
5
tsi
Q
34,510
10,668
4,385
Ohio
Indiana.
Illinois
Michigan - __ _ _
Wisconsin
Mirmesotft
Iowa..
_
"Missouri
Total Middle Western States
North Dakota
South Dakota _
Nebraska
_ _
Kansas
Montana
Wyoming
Colorado
New Mexico
_ __ _ _
-
Total Pacific States
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
_
Total possessions
Total United States and possessions
6,171,441
26,394
38,471
78,141
186,522
67,106
20,252
64,360
14,374
59,726
75,592
163
566
2,210
694
746
687
282
2,355
3,103
6,687
12,754
3,433
749
2,481
513
4,057
936
962
2,455
7,747
1,578
751
2,141
324
2,057
321
738
1,343
3,313
772
224
856
85
896
251
422
617
364
143
275
103
238
4,670
5,801
12,043
26,641
7,004
2,613
6,440
1,307
7,248
2,444
5,185
36,132
18,951
8,548
2,507
73,767
555,346
14,868
747
101
53
3,753
2,072
49,572
1,588
5,183
112
1,072
5,437
797
32,565
1,163
2,647
55
1,024
1,583
609
22,055
1,014
1,510
68
118
398
311
13,016
785
450
20
59
11,891
4,629
135,110
5,297
11,051
308
2,273
141,340
44,781
1,364,161
52,244
95,243
2,645
29,357
15,769
63,352
43,688
26,957
15,039
170,559
1,729,771
178,673
1,258, 545
_
2,486,827
376,538
370,216
4,833,180
38,780,985
305
427
112
1,419
35
4,508
7,171
776
4
25
1,325
930
342
1
8
2,244
6,029
1,089
1
93
13,997
26,460
5,604
31
10,799
6,344
503
84,971
206,944
76,671
205
720
840
3,034
162,381
18,328
_
__
663,096
154,244
5,754
ZT_
52,491
—
287,036
_.
Total United States (exclusive of possessions)
1,530,823
460,837
1,295,496
765,826
455,568
297,023
434,152
931,716
24,451
1,160
______
171,430
55,437
119,360
80,173
60,107
30,481
43,194
102,914
69,282
_
747
570
.
9,558
2,437
19,806
5,658
4,535
1,428
3; 193
5,876
3,452
1,639
Oklahoma
Washington - Oregon.
California
Idaho
Utah
Nevada
Arizona
13,192
5,810
19,418
7,079
5,582
4,343
5,651
14, 517
4,699
12,898
2,122
Total Western States
42,842
14, 345
28,635
16, 059
9,301
9,219
10,877
22,966
70,296
22,177
47,116
33,049
27,791
13,369
20,021
53,217
1,032
25
5,920
12,330
2,947
450
25
475
162,856
178,673
21,797
12,799
3,050
9,483
47,604
386,437
1,280,342
2,499,626
379,588
379,699
4,880,784
39,167,422
s
s
o
he]
O
o
3
o
fcO
co
00
TABLE N O . 56.—Assets and liabilities of active national banks, Dec. SI, 1988
ASSETS
[In thousands of dollars]
Number of
banks
Xocation
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
_
Securities
U.S.
guaran- ObligaOther
Govern- teed
by tions of
loans,
ment
U.S.
States
Loans on includsecurGovernand
real
ing redis- ities,
ment as political
counts
estate
direct
suband over- obliga- to interest
and
divisions
drafts
tions
principal
6,183
1,687
2,667
26,409
3,381
8,462
2,570
2,580
2,658
35,046
2,456
21,193
22,920
12,847
10,453
75,709
8,862
21,755
482
339
12,323
843
1,396
31,009
21,335
13,382
541,789
39,622
100,513
1,665
2,176
1,037
34,403
726
11,402
148
328
7,011
232
1,632
4,317
22,050
30,069
13,109
9,676
321,652
18,923
65,196
113,935
595,562
458,625
48,789
66,503
152,546
15,981
747,650
51,409
9,650
4,746
6,013
9,308
63,249
-.
Total New England States.
325
New York
N e w Jersey
Pennsylvania
Delaware.Maryland.
_
District of Columbia
_
Total Eastern States
Virginia-..
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
696
16
63
9
110,459 1,389,050 1,410,056
93,478
137,705 191,121
193,830
581,371 810,309
2,886
2,077
5,247
15,938
46,852 165,380
10,290
56,283
34,520
516,754
40,307
101,536
358
4,393
14,595
335,615
44,539
436,923 92,905 1,890,572 111,753
225,294 27,035
101, 219 4,225
746,075 78,108
460,922 21,206
4,230
801
6,412
190
97,318
5,020
19,007
842
85,148
697
7,116
8,798
17,198
16,705
33,674
300
1,039
1,452
426,881 2,194,745 2,635,226
677,943
485,197 1,033,281 120,065 3,048,637 229,833
69,836
115,666
43,184
35,241
26,549
119,651
53,888
77,872
16,546
101,198
368,654
34,727
14,231
8,430
5,265
2,743
10,228
24,860
8,938
921
23,244
45,102
3,938
439
229
_
___
_
__
—
Investments
Bank
and
Cash,
Real
other
Cusestate
balances premises
assets
owned
with
owned, other indirectly tomers'
liabilother
furnirepreity on
than
banks,
senting acceptbank
including ture
and
bank
ances
premreserve
fixpremises
balances tures
or other
real estate
27,950
23,291
14,970
424,765
32,088
72,498
52
42
126
12
54
_
Other
bonds,
notes,
and
debentures
Corporate
stocks,
including
stock
of Federal
Reserve
bank
131
79
43
20
53
53
66
25
30
449
50
36,026
22,635
5,155
2,961
11,841
11,308
10,745
5,495
12,351
35,829
5,496
79,008
25,543
10,421
9,882
37,073
63,281
21,077
7,824
67,969
11,090
840
5,262
913
14,791
6,731
12,246
6,275
13,389
17,487
26,830
15,923
30,427
92,441
14,133
15,453
10,570
1,032
785
11,177
11,559
6,850
2,130
4,751
25,410
4,582
2,430
1,361
451
235
1,281
1,160
1,213
379
1,419
5,587
492
114,314
47,960
46,182
34,040
106,038
104,339
75,950
22,785
121,138
555,885
37,917
9,051
5,292
2,728
1,454
9,010
7,233
5,782
1,725
6,986
32,583
1,908
344
77
2,117
2,292
3,029
20
47
920
3,181
3,043
795
185
1,123
1,040
5,185
1,014
1,578
6,207
7,505
9,275
67
20
Other
Total
201
45
234
7,798
265
902
132,437
83,790
65,052
1,563,746
112,151
327,027
9,445
2,284,203
36,342 24, 010 6,373,754
887,001
2,958
123
8,0U 12,412 3,148,511
23,386
25
362,027
654
275
219,606
300
2i6
44,777
19
1,121
58
9
180
145
4,836
24
597
1,378
7
40,359 11,014,285
1,308
444
224
126
892
917
1,908
174
2,120
2,197
406,417
175,258
119,745
85,235
321,761
297,669
243,651
74,916
373,923
1,412,645
115,292
Kentucky __
Tennessee
Total Southern States 1
98
71
1,168
Ohio
Indiana
Illinois
_
_
Michigan
Wisconsin
__
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota
__
South Dakota
Nebraska
- _ __
Kansas
Montana
Wyoming
Colorado __ _ _. _
New Mexico
Oklahoma..
Total Western States
Washington
Oregon
California
_
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions).Alaska
T h e Territory of Hawaii
Virgin Islands of the United
States.
_
_
Total possessions
__.
Total United States and
possessions
246
127
316
82
105
193
109
86
1,264
79,468
152,438
46,917
51,578
9,855
16,196
12,418
32,658
15,146
10,892
195,224 1,225,082
19,813
15,569
1,216
2,847
90,300
141,995
4,006
11,514
1,172
2,346
570
217
73
657
1,007
281,538
439,330
668,199
173,951
295,749
120,337
20,071 1,498,843
99,272
27,558
8,510
2,321
12,263
4,347,380
215,759
238,809
73,324
141,179
567,419 1,033,110
130,773
231,595
73,190
174,019
183,320
196,078
67,560
38,123
154,491
157,752
45,746
20,293
136,152
87,852
17,850
18,918
11,220
46,358
82,083
27,841
108, 562
31, 273
18, 559
43,003
29, 229
29,052
91,174
37,545
149,966
44,521
65,540
32,433
9,120
25,718
347, 349
5,029
171,129
1,420
30, 750 1,301,298
249,069
2,088
158, 339
1,852
245,820
2,112
78,427
637
262,427
5,308
29,369
11,322
32,852
9,388
10,884
10,021
5,936
5,610
4,626
1,198
7,643
1,064
1,686
1,203
361
2,499
4,010
61
1,662
52
120
4,519
26
290
675
16
2,410
6
31
179
24
377
2,529
861
14, 600
2,442
3,533
4,578
674
1,520
1,155,634
524,566
3,439,784
833,521
545,689
761,077
256,372
711,209
297,432 1,469,097 2,207,404
384,389
369, 602
456,017
49,196 2,813,858 115, 382
20,280
10, 740
3,718
30,737
8,227,852
52,288
60,985
269,386
257,239
87,767
53,535
294,935
51, 727
444,912
88,476
38,377
53,360
43,398
20,086
18,893
15,035
19,807
178
167
725
693
209
142
696
112
1,308
12,923
17,557
88,035
98,385
33,301
22,681
133,787
19,745
173,933
1,699
1,697
5,910
5,919
2,236
708
3,240
937
9,334
266
151
426
686
60
19
300
39
208
100
5
172
3
182
225
290
43
244
335
979
261
784
47
557
22
761
50, 751
4,230
600,347
31,680
2,155
977
43
3,990
1,572,774
22,587
16,320
205,309
3,723
3,594
2,479
1,613
12,616
8,196
69,846
962
1,458
1,074
3,799
1,466
475
15,444
107
205
36
116
145,042
70,608
683,064
16,270
35,572
11,144
20, 606
8,002
6,483
69,507
1,041
1,164
715
1,435
980
343
15,598
5
99
23
253
6
21
34,732
131
363
3,679
1,290
937
13,320
60
27
149
209
431,793
277,839
3,211,140
51,802
82,804
35,173
66,882
255, 625
97,951
17,849
982,306
88,347
17,301
37,044
4,173
15,992
4,157,433
5,224 1,724,915 6,744,466 7,157,338 1,533,441 1,604,446 1,910,883 227,392 9,691,641 615,923 146,780
69,522
2,748
3,479
7,625
8,909
1,592
1,848
10,492
3,092
10,783
12,449
16,308
71,773
56,048
14,120
13,775
55,199
11,323
110,355
11,332
9,840
52,825
46,561
22,967
8,569
57,587
9,722
50,193
3,337
2,437
10,082
15,379
2,336
996
7,089
2,571
21,090
4,613
6,856
19, 242
17,961
5,343
3,129
12,253
3,264
59,109
2,499
2,058
11,759
6,265
4,816
1,439
13, 510
900
7,505
794
50,568
361,350
269,596
65,317
131,770
48
28
102
20
13
5
5
16,970
10,827
594,674
3,042
6,440
4,154
4,768
118,020
66,418
663,796
10,875
16,132
5,156
18,233
94,900
70,817
710,534
12,978
11,173
7,090
10,796
9,783
26,031
131,637
2,739
4,930
3,078
4,854
221
640,875
898,630
918,288
183,052
50
43
136
182
43
26
78
22
214
4
1
940
5,328
1,461
11,424
1,143
13,850
1
321
265
140
6
6,589
13,150
15,133
47
176
2,507
646
6,834
2,683
7,810
2
18
3,770
10,614
384
13
5
20
14,768
1,678
31
330
47
175
1,490
2,010
75
200
26
5,230 1,731,504 6,757,616 7,172,471 1,533,488 1,607,129 1,918,693 227,412 9,706,409 617,601 146,811
69,522
64,394 112,786 31,603,927
8,391
52,386
10
31
285
15
1,473
10
331
62, 250
64,404 113,117 31,666,177
fcO
TABLE NO. 56.—Assets and liabilities of active national batiks, Dec. SI, 1988— Continued
CO
LIABILITIES
[In thousands of dollars]
Location
Maine
New Hampshire..
Vermont—
Massachusetts
RhQde Island
Connecticut
Total New England States
New York
New Jersey
PennsylvaniaDelaware
Maryland
District of Columbia...
Total Eastern States..
Demand
Time dedeposits of
U. S. Gov- Deposits of
posits of
individuals, individuals,
ernment States and
of
partner- partnerships, and postal political Deposits
banks
subdivisavings
ships, and and corporasions
deposits
corporations
tions
36,293
33,706
16,442
752,175
67,320
154,962
66,664
21,265
34,909
237,577
16,622
86,3.97
1,331
898
527
11,740
522
4,327
3,645
6,802
1,812
87,984
2,371
19,224
Bills payable, redis- Acceptances
Other deposits i
4,993
4,896
836
242,731
7,372
13,839
695
1,490
560
11,617
498
5,239
Total deposits
113,611
69,057
55,086
1,343,824
94,705
other liabilities for
borrowed
money
240
64
563
count of
reporting
banks
10,074
107
20
Other liabilities
Total liabilities,
excluding
capital accounts
113,941
69,518
55,345
1,361,886
95,168
285,617
330
221
195
7,425
356
1,060,898
463,424
19,345
121,838
274,667
20,099
1,960,271
867
1
10,201
10,136
1,981,475
3,067,939
1,005,962
7,892
123,988
2tf541
778,522
400,931
1,046,833
8,807
95*511
45,718
34*834
11,913
78,571
450
20,764
2,037
265,191
82,055
117,999
310
20,066
103
1,278,170
14,488
271
67,110
26,025
87,496
8,123
17,018
200
1,385
2,555
5,5(12,152
782,598
2,688,462
17,930
328,8.24
198,979
1,144
35
1,194
12-5
40,637
123
9,172
119,066
2,188
9,783
39
1,118
509
5,672,999
784,944
2,708,611
18,094
330,217
199,514
4,593,410
2,376,322
148,569
485,724
1,808,143
116,777
9,528,945
2,498
132,703
129,273
65,714
5.5,157
40,004
123,32^
129,384
86,428
26,621
140,847
670,477
47,853
120,435
140,426
142,314
59.45(9
27,672
12,766
64,534
47,087
27,663
12,657
10,449
17,194
18,718
34,965
22,580
10,178
30,079
99,699
9,600
11,701
41,523
47,027
6,943
9,531
5,195
6$. 460
45,946
28,722
4,545
90,838
232,095
15,361
42,380
89,089
5,037
2,787
1,626
1,261
4,082
2,608
1,635
385
2,662
36,906
1,317
1,984
3,852
355,681
150,869
105,471
76,860
208
143
22,981
63,624
180,098
26,458
70; 136
101,643
4,367
3,309
1,036
440
12,5.04
8,515
7,973
1,845
14,909
41,868
1,492
3,447
17,189
268,505
209,737
66,555
342,959
1,261,143
102,081
250,083
393,722
73
1,391
487
357
117
1,764
629
788
153
1,522
3,839
302
852
1,396
357,299
151,499
105,828
76,977
288,435
269,193
210,707
66,783
345,293
1,266,964
102,435
251,211
395,191
1,775,944
881,171
118,894
347,006
681,132
66,142
3,870,289
2,793
13,587
3,887,815
422,079
•=
'.—
275
26
9,714,379
;
Virginia
West Virginia...
North Carolina..
Soufch Carolina..
Georgia
Florida
Alabama
..
Mississippi
Louisiana
Tex8s..._
Arkansas
Kentucky
Tennessee...,-..
Total Southern States,.
182
349
45
276
1,146
812
1,633
7
•
.
;-J
Ohio
Indiana
Illinois
Michigan...
Wisconsin..
MinnesotaIowa
Missouri
Total Middle Western States.Notth Dakota.
South D&kota..
Nebraska
Kansas
Montana
Wyoming.
Colorado
New Me'xico
Oklahoma
Total Western States.
Washington.
Oregon
California....
Idaho
Utah.
Nevada
Arizona
Total Pacific States
Total United States (exclusive
of possessions)
Alaska
The Territory of Hawaii
Virgin Islands of the United S«ates_.
Tdtal possessions
Total United States and possessions
460,209
198,986
1, 582,392
356,985
194,652
266,505
101,397
299,044
355,704
140,490
594,012
233,228
197,357
205,243
61,132
102,005
13,035
15,924
82,339
19,013
12,301
3,505
2,464
7,972
79,689
55,379
244,273
65,159
27,008
71,133
25,785
35,466
99,765
56,172
608,630
82,920
54,022
124,931
38,732
204,228
1,017,814
472,251
3,142,807
764,454
490,153
679,654
231,949
653,722
105
31,161
7,149
4,813
8,337
2,439
5,007
12
25
38
41
42
61
699
16
2,569
6
31
179
24
388
2,611
1,282
10,269
1,724
2,367
8,801
416
1,716
1,021,229
473,549
3,155,657
766, 209
492,589
688,675
232,431
655,887
3,460,170
1,889,171
156,553
603,892
1,269,400
73,618
7,452,804
324
3,912
29,186
7,486 226
21,122
24,661
120,859
111, 356
38,944
19,049
137,938
22,336
190,769
19,153
15,666
42,409
35,621
22,981
14,458
68,245
9,245
66,741
262
377
3,520
5,295
267
250
727
494
9,416
2,842
9,652
20,606
45,122
10,375
8,334
13, 258
12,653
51,924
2,215
3,606
51, 793
30,057
5,193
5,493
44,373
2,578
64,360
520
460
10
H3
hd
47,975
S
10
46
161
273
499
439
141
133
760
46
1,090
54 695
242,714
230,422
79,129
48 002
268,270
13^12
46,114
54,422
241,809
229,361
78,988
47,869
267,325
47,929
397,022
398^.168
^
687,034
294, 519
20,608
174,766
2Q9,668
24,844
1,4U>4$9
633
46
3,542
1,415,660
O
179,270
110,851
980, 581
21,985
27,005
14,028
31, 528
123,278
92,995
1,313,265
14,518
20,003
12,201
14,951
6, 516
5,973
104,245
300
117
254
177
28,039
22,251
312,127
8,796
11,815
4.813
11, 505
48,852
19,717
168,440
1,258
14,830
660
2,405
3,727
2,850
33, 577
331
450
510
979
389,682
254,637
2,912,235
47,188
74,220
32,466
61,545
135
5
168
363
4,059
1,312
948
17,202
88
460
346
360
391,162
M
255 948
H
2,933,631 fcd
47 281
O
74,680
t"1
32 812
t"1
61,905
g
1,365,248
1,591, 211
117,582
399,346
256,162
42,424
3,771,973
140
4,590
20,716
3,797,419
Q
12,942,704
7,495,818
581,551
2,132, 572
4,499,172
343,904
27,995,721
5,608
71,775
209,870
28,282,974
^
4,468
14,744
168
2,444
20,460
822
373
2,958
50
167
6,036
207
63
1,396
5
112
482
7,627
46,076
1,252
10
3
82
9
7,630
46,168
1,261
H
H
19,380
23,726
3,381
6,410
1,464
594
54,955
10
94
55,059
^
584,932
2,138,982
4,500,636
344,498
28,050,676
71,785
209,964
28,338,033
fe
12,962,084
7, 519, 544
9,412
5,300
2,622
2,510
1,228
285
2,784
623
406
22
185
5,608
46 285
g
g
S
0
M
0
» Certified and cashiers' checks (including dividend checks), letters of credit, and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
3
298
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 56.—Assets and liabilities of active national banks, Dec. SI, 1938—Con.
CAPITAL ACCOUNTS
[In thousands of dollars]
Location
Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island
Connecticut
Total New England
States.
Preferred Common Surplus
stock
stock
2,202
873
763
6,584
453
4,627
7,129
5,299
4,479
68,979
7,077
16, 964
Undivided
profits
85,803
7,431
13, 532
2,846
2,712
1,393
27, 318
1,608
4,872
5,667
4,882
2,633
15, 502
109,927
119,948
40, 749
New York
New Jersey.
.
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
25,360
24,873
17, 309
188
2,805
1,325
259,161
35, 520
149,491
1,709
11,099
7,650
464, 630
303,484
25,100
186,415
2,509
10,543
5,851
533,902
81,102
10,902
57,720
790
5,084
4,704
160, 302
Virginia
West Virginia..
North Carolina
South Carolina—
Georgia
- —
Florida
Alabama
Mississippi
Louisiana
Texas
--Arkansas..
-Kentucky.
Tennessee.
Total Southern States...
1,627
2,352
748
1,327
1,041
882
7,061
2,075
3,434
12,958
1,258
2,726
6,473
15,813
6,653
4,175
2,003
9,121
8,497
8,427
2,317
8,819
43,962
23, 245
10,461
6,149
3,310
16, 711
14, 687
12, 612
2,954
10, 707
64, 312
5,148
11,107
17,926
199, 389
16,430
5,025
31, 702
14,805
10, 609
5,142
2,792
2,430
59, 270
19, 715
120,902
21,260
22,075
32,954
10, 273
25,037
36, 326
15,197
78,435
17, 709
10, 991
24,043
88,935
311,486
Ohio..
Indiana
Illinois
Michigan..
Wisconsin._
Minnesota.
Iowa
Missouri...
Total Middle Western
Stales.-.
North DakotaSouth Dakota. .
Nebraska.
Kansas.
Montana
Wyoming.. „_
Colorado.
New Mexico...
Oklahoma
Total Western States
Washington..
Oregon
California....
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions)..
Alaska
The Territory of Hawaii
Virgin Islands of the United
States
Total possessions
Total United States and
possessions
71,860
938
1,474
1,917
1,620
333
483
1,771
306
2,327
11,169
1,920
165
20, 514
888
1,113
72
1,215
25,887
41,016
3,702
11,82S
12, 211
134, 582
2,742
1,884
1,094
3,684
2,906
2,793
464
3,993
20,714
2,335
3,457
6,173
16, 602
18,496
14,272
9,707
201,860
16,983
41,410
132,437
83, 790
65,052
1, 563, 746
112,151
327, 027
302, 728
2, 284, 203
700, 755 6, 373, 754
102,057
887,001
439,900
3,148, 511
5,292
23, 386
31,810
362,027
20,092
219, 606
69, 212 1, 299,906 11,014, 285
* • -«—'—
~~2,400
49, U8
406,417
1,551
23, 759
175, 258
13, 917
961
119, 745
524
8,258
85, 235
2,769
33, 326
321, 761
1,504
28,476
297, 669
2,051
32,944
243, 651
8,133
323
74,916
28,630
1,677
373,923
145,681 1, 412, 645
6,681
12,857
414
115, 292
30, 327
1,149
281, 538
44,139
1,356
439, 330
31,648
5,662
28,965
96
2,279
562
58, 272
23,360
459, 565 4, 347, 380
14; 857
13,473
7,377
30,089
9,380
6,147
7,449
2,617
11,114
8,906
3, 703
22,999
4,158
3,278
2,814
1,350
1,884
134,405 7,155, 634
51, 017
524, 566
284,127 3, 439, 784
833, 521
67, 312
545,689
53,100
761,077
72, 402
256, 372
23, 941
711, 209
55, 322
204,467
87,646
49,092
741,626
2,874
2,823
12, 588
13, 298
4,228
2,122
9,442
1,729
22,299
1,629
1,099
7,821
7,065
2,234
1,687
8,848
1,203
13,851
423
618
2,341
4,209
1,584
1,034
4,410
229
139
276
2,005
625
259
207
6,003
6,290
26, 672
26,817
71, 403
20, 675
8,940
116,438
1,770
2,761
788
1,325
152, 697
45, 437
9,091
6,845
88,056
889
1,957
366
1,260
21, 544
7,561
3,121
2,134
14,953
383
900
74
5,824
3,807
37, 548
591
1,393
1,061
108,464
50,913
257, 315 1, 309, 532 1,146,800
419, 426
44
172
275
3,350
122
122
Reserves
and reTotal liatirement Total
bilities
account capital and capfor pre- accounts ital acferred
counts
stock
342
1,846
2,194
285
1,571
22,053
28
17
12
33
2,205
228
983
419, 654
52, 288
60,985
269, 386
257, 239
87,767
53, 535
5,533
294,935
26,665
3,752
51, 727
46,744
444, 912
157,114 1, 572, 774
40, 631
431, 793
21,891
277,839
277, 509 3, 211,140
4,521
51,802
8,124
82,804
2,361
35,173
4,977
360,014 4,157,433
187,880 3,320,953 31, 603,927
761
8,391
100
52, 386
850
6,218
3,653
257,437 1,313,185 11,149,005
8, 227,852
212
7,191
1,473
62, 250
188,863 '3.328,144 31, 666,177
TABLE N O . 57.—Assets and liabilities of all active banks, June SO, 1920 to 1989
[Forfigurescovering each year 1834 to 1919, inclusive, see pp. 1023-1025 of the report for 1931]
[In thousands of dollars]
U.S.
Loans and GovernNumber discounts, ment
and
including
of banks
secuoverdrafts other
rities
f
1920. Jt 6-
1921. Jjg^
1922. _f :>.
1923-_fA
1924. . - ^
1926.. ^
1926_..:^
1927.. ."Lt
i928..i:L
1929_.^£
i930_-j^i
i93i__f£
1932._r.^
1933.-iL
1934...L^
1935...L^
1936.....:
i937_..:;
1938..__;
1939...:_
30,139
30,812
30, 389
30,178
29, 348
28, 841
28,146
27,061
26,213
25,330
24,079
22,071
19,163
3 14, 624
3 15,894
16,053
15,803
15, 580
15, 341
15,146
30,650,050
28,688, 971
27, 628, 331
30,157,810
31, 288, 318
33, 598, 506
35,843,208
37,103, 309
39,155,988
41, 433,126
40, 510,108
35. 210, 500
28,089,853
22, 387, 818
21,431; 153
20, 419, 260
20,839,159
22, 698,176
21, 311,161
21, 516, 279
11,251,956
11,278, 769
12, 502,195
13, 634, 618
14,193, 638
15,374,899
15,815,141
17,255,093
18, 771,814
17,348,738
17,944, 728
20,060,153
18,223,241
17,930,663
21, 289, 494
24, 217,155
27,859, 533
27, 274,139
26, 345, 478
28, 385, 768
Cash
1,076,378
946, 567
829, 892
797,101
911, 500
951,286
996, 520
1, 007, 896
887,845
819,928
865, 970
884, 327
791, 627
672, 556
713, 968
784, 576
1,018, 951
958,317
1, 044, 251
1,042,408
Balances
with other
Other assets Total assets
banks1
7, 291,019
6, 084, 872
6, 793, 225
8,113, 463
8,955, 529
8, 806, 622
9, 081, 569
8, 475, 346
8, 451, 497
10,312,062
9, 482, 618
6, 576, 090
7,092, 229
9, 501, 781
11, 612, 972
14,103,430
14, 670, 297
16, 426, 417
19, 584,188
2, 558,844
2, 585, 609
2,345, 626
2, 522, 539
2, 577, 867
3,017, 914
3, 224, 579
3,474,172
3, 846,849
3, 665, 390
3,829,508
4,119, 506
3, 509, 298
3,210,646
3, 221,158
3, 352, 900
3,367,168
3,323, 828
3,150, 400
3, 072, 677
Capital
52, 828, 247 2, 702, 639
49, 584, 788 2,903, 961
50, 294, 893 2,943, 950
53, 905, 293 3, 052, 367
57,084, 786 3,114,203
61, 898,134 3,169, 711
64,686, 070 3, 273, 303
3,376,498
67,922,039
71,137, 842 3, 525, 522
73, 718, 679 3, 796, 978
73,462, 376 3, 889,419
69, 757,104 3, 669, 998
3, 317, 864
57,190,109
51, 293, 912 4 2,899, 541
56,157, 554 3, 558, 786
60, 386, 863 * 3, 605, 443
67,188, 241 4 3,421, 226
68, 924, 757 *4 3, 250, 650
68, 277, 707 4 3, 204, 751
73, 601, 320 3,160, 096
Surplus
and net
undivided
profits 2
3, 251, 344
3, 452, 775
3, 631,252
3, 753, 639
4,180, 773
4, 535,139
4, 895, 733
5, 371, 890
5, 870, 567
6, 392,079
6,161, 081
5, 220, 637
4, 485, 747
4, 293, 964
4, 230, 291
4, 549, 867
4, 985, 781
4, 977,218
5,134,112
Circulation
Total
deposits
688,178
704,147
725, 748
720, 001
729,686
648, 494
651,155
650,946
649, 095
649, 452
652,339
639, 304
652,168
730,435
698, 293
222, 095
41, 725, 224
38, 664,987
41,128,352
44, 249, 524
47, 709,028
51, 995, 059
54,069, 257
56, 751,307
58, 431,061
57, 910, 641
59, 847,195
56,864, 744
45, 390, 269
41, 533, 470
46,625,041
51, 586,123
58, 339,815
59,822, 370
59, 379, 550
64, 576, 694
Bills payOther
able and
rediscounts, liabilities
etc.
2, 560,673
940,801
1.185,849
738, 075
772,823
822,134
847, 475
1,584,249
1, 686, 226
713, 495
769,955
1, 297, 393
530,682
202, 978
71, 776
47, 376
55,857
42, 476
26, 724
1,426,863
1,298, 245
924,790
943,913
854, 705
1,131, 274
1,335,082
1,400, 080
1,576,025
1,804, 815
1,967,849
1,652,022
1,311, 778
1,114, 037
778, 492
671,135
829, 957
810,099
673, 712
703, 694
1 Includes reserve with Reserve agents, exchanges for clearing house, and all cash items. Beginning with the year 1936, however, cash items not in process of collection were called
for separately and are included with "Other assets."
2 Includes reserve accounts.
34 Licensed banks; i. e.. those operating on an unrestricted basis.
Includes capital notes and debentures in banks other than national.
NOTE.—Figures in above table have been revised since published in previous reports to exclude acceptances of other banks and bills of exchange or drafts sold with endorsement,
now reported as "contingent liabilities." Such acceptances in years 1920 to 1928 in previous reports were included with loans and discounts, and in years 1929 to 1938 with "Other
In years 1920 to 1925 these acceptances were previously included with bills payable, and in years 1926 to 1938 with "Other liabilities." The abovefigureshave been further
revised for years 1925 to 1938 in that securities sold with agreements to repurchase are now included with bills payable instead of with "Other liabilities."
(See also tables 58 and 59 coveringfiguresfor State and private banks and national banks, respectively.
S
S
n
H
W
o
o
W
a
a
to
CD
CO
TABLE N O . 58.—Assets and liabilities of all active banks other than national, June 30, 1920 to 1989
00
[For figures covering each year 1834 to 1919, inclusive, see pp. 1018-1020 of the report for 1931]
[In thousands of dollars]
Number
of banks
1920.
1921.
1922.
1923.
1924.
1925.
1926.
1927.
1928.
1929.
1930.
1931.
1932.
1933.
1934.
1935.
1936.
1937.
1938.
1939.
Loans and U. S. Govdiscounts,
ernment
including and other
overdrafts
securities
22,109
22, 658
22,140
21,937
21, 263
20,769
20,168
19.265
18, 522
17,794
16,827
15.266
13,013
5 9, 722
3 10, 472
10,622
10,429
10,281
10,093
9,937
17,147,931
16,709,286
16,435,360
18,377,631
19,329,995
21,002,294
22,516,467
23,248,835
24, 228,600
26,621,803
25, 612,904
22,025, 225
17,803,476
14, 268,046
13, 733,410
13,050, 543
13,075, 817
13,885, 281
12,976, 537
12,942,576
7,201,060
7,356,842
7,984,242
8, 602,844
9,086,417
9,669,669
9,972,888
10,861,875
11,624,366
10,692,203
11,056,557
12,385,316
11,026,589
10,559,032
11,940,941
13,500,769
15,376, 908
15,151,852
14,701,202
15,832,882
Cash
626,027
572,218
503,711
505,993
566, 281
591,681
636,569
643,692
572,732
521,925
523,463
515,738
453,223
384,078
361,566
379,063
487, 257
513,719
515,946
511,828
Balances
with other
Other assets Total assets
banks l
3,245,992
2,922,339
3,344,135
3,421, 710
4,001,490
4, 523,206
4,376,207
4, 568, 567
4,172,664
4,467,353
5,239,230
4,856,012
3,428,633
3,261,761
4,157,218
5,150, 264
6, 253, 698
6,737,026
7, 504,167
9,039,962
1,330,980
1,541,041
1,385,876
1,533,271
1,565,164
1,847,628
1,968,967
2,128,137
2,258,986
2,140,033
2,157, 783
2,500,252
2,117,659
1,965,416
2,064, 235
2,249, 751
2,297,805
2,308,073
2,202,295
2,093,494
29,551,990
29,101,726
29,653,324
32,441,449
34, 549,347
37,634,478
39,471,098
41,451,106
42,857,348
44,443,317
44, 589,937
42,282,543
34,829, 580
30,438,333
32,257,370
34,330,390
37,491,485
38,595,951
37,900,147
40, 420,742
Capital
stock
1,478,473
1,630,081
1,636,734
1,723,476
1,780,192
1,800, 276
1,860,431
1,902,325
1,931,666
2,169,603
2,145,445
1,982,335
1,748,881
1,383,894
1,498,498
1, 521,184
1,485,132
1,483,555
1,467, 766
1,446,666
Surplus
Capital
and net
notes and undivided
debentures
profits 2
322, 461
274,756
244,719
184,964
164,085
150,474
1,853,435
1,930,364
2,090,012
2,206,818
2,356,855
2,580,134
2,858, 653
3,130,367
3,394,758
3,823,179
4,159,905
4,093,014
3,509,772
3,144,840
3,030,758
2,953,376
3,075,514
3.355,747
3,276,299
3,307,556
Total
24,558,654
23, 516,468
24,799,532
27,342,975
29,351,735
32,073,263
33,414,213
34,960,735
35,773,790
36,312,553
36,578,311
34,666,504
27,929,356
24,759,355
26,692,381
29,067,877
32,139,362
33,056,457
32,563,656
35,107,225
Bills payOther
able and
rediscounts, liabilities
etc.
962,927
1,123,494
496,490
510,049
427,930
377,636
396,689
475,904
775,847
922,059
476,289
606,156
750,968
403,604
182,900
62,902
43,656
46,641
32,890
23,184
901,319
630,556
658,131
632,635
803,169
941,112
981,775
981,287
1,215,923
1,229,987
934,534
890,603
746,640
530,372
450,295
503,102
468,587
395,451
385,637
i Includes reserve with Reserve agents, exchanges for clearing house, and all cash items. Beginning with the year 1936, however, cash items not in process of collection were called
for separately and are included with "Other assets."
* Includes reserve accounts.
» Licensed banks; i. e., those operating on an unrestricted basis.
NOTE.—Figures in above table have been revised since published in previous reports to exclude acceptances of other banks and bills of exchange or drafts sold with endorsement,
now reported as "contingent liabilities." Such acceptances in years 1920 to 1928 in previous reports were included with loans and discounts, and in years 1929 to 1938 with "Other
assets." In years 1920 to 1925 these acceptances were previously included with bills payable, and in years 1926 to 1938 with "Other liabilities." The above figures have been further
revised for years 1925 to 1938 in that securities sold with agreements to repurchase are now included with bills payable instead of with "Other liabilities."
(See also tables 57 and 59 covering figures for all banks and national banks, respectively.)
o
3
w
Q
O
o
TABLE N O . 59.—Assets and liabilities of all active national banks, June 80, 1920 to 1939
[Forfigurescovering each year 1863 to 1919, inclusive, see pp. 1021 and 1022 of the report for 1931]
[In thousands of dollars]
Number
of banks
1920.
1921.
1922.
1923.
1924.
1925.
1926.
1927.
1928.
1929.
1930.
1931.
1932.
1933.
1934.
1935.
1936.
1937.
1938.
8,030
8,154
8,249
8,241
8,085
8,072
7,978
7,796
7,691
7,536
7,252
6,805
6,150
3 4,902
3 5,422
5,431
5,374
5,299
5,248
5,209
U.S.
Loans and Governdiscounts, ment and
including
secuoverdrafts other
rities
13, 502,119
11,979,685
11,192,971
11,780,179
11,958,323
12,596, 212
13, 326,741
13,854,474
14,927,388
14,811,323
14,897, 204
13,185, 275
10,286,377
8,119,772
7,697,743
7,368,717
7,763,342
8,812,895
8,334, 624
8,573,703
4,050.896
3,921,927
4,517,953
5,031,774
5,107,221
5,705,230
5,842,253
6,393,218
7,147,448
6,656,535
6,888,171
7,674,837
7,196,652
7,371,631
9,348,553
10,716,386
12,482,625
12,122,287
11,644,276
12,552,886
Cash
450,351
374,349
326,181
291,108
345,219
359,605
359,951
364,204
315,113
298,003
342,507
Balances
with other
Other assets Total assets
banks l
4,045,027
3,162, 533
3,644, 714
3,371, 515
4, 111, 973
4,432,323
4,430,415
4,513,002
4,302,682
3,984,144
5,072,832
4,626,606
338,404 3,147,457
288,478 3,830,468
352,402 5,344,563
405,513 6,462,708
531,694 7,849,732
444,598 7,933,271
528,305 8,922,250
10,544, 226
1, 227,864
1,044,568
959, 750
989, 268
1,012, 703
1,170,286
1,255,612
1,346,035
1,587,863
1,525,357
1,671,725
1,619, 254
1,391,639
1,245,230
1,156,923
1,103,149
1,069,363
1,015,755
948,105
979,183
Capital
23, 276, 257 1,224,166
20,483,062 1,273,880
20,641,569 1,307,216
21,463,844 1,328,891
22,535,439 1,334,011
24, 263,656 1,369,435
25,214,972 1,412,872
26,470,933 1,474,173
28,280,494 1,593,856
27, 275,362 1,627,375
28,872,439 1,743,974
1,687,663
27,474,561
22,360,529 1,568,983
20,855,579 1,515,647
23,900,184 1,737,827
26,056,473 1,809,503
29,696,756 1,691,375
30,328,806 1,582,131
30,377,560 1,572,900
33,180,578 1,562,956
Surplus
and net
undivided
profits a
1,397,909
1,522,411
1,541,240
1,546,821
1,582,234
1,600,639
1,676,486
1,765,366
1,977,132
2,047,388
2,232,174
2,068,067
1,710,865
1,340,907
1,263,206
1,276,915
1,474,353
1,630,034
1,700,919
1,826,556
Circulation
Total
deposits
688,178
704,147
725,748
720.001
729,686
648,494
651,155
650,946
649,095
649,452
17,166, 570
15,148, 519
16,328,820
16,906, 549
18,357, 293
19,921,796
20,655,044
21,790,572
22,657, 271
21,598,088
23,268,884
22,198,240
17,460,913
16,774,115
19,932,660
22, 518,246
26,200,453
26,765,913
26,815,894
29,469,469
639,304
652,168
730,435
222,095
Bills payOther
able and
rediscounts, liabilities
etc.
2,071,072
1,437,179
444,311
675,800
310,145
395,187
425,445
371,571
808,402
764,167
237,206
163,799
546,425
127,078
20,078
8,874
3,720
9,216
9,586
3,540
396,926
294,234
285, 782
222,070
328,105
393,970
418,305
594,738
737,862
717,488
421,175
367,397
248,120
220,840
326,855
341, 512
278,261
318,057
1
Includes reserve with Reserve agents, exchanges for clearing house, and all cash items. Beginning with the year 1936, however, cash items not in process of collection were called
for separately
and are included with "Other assets."
2
Includes reserve accounts.
3 Licensed banks; i. e., those operating on an unrestricted basis.
NOTE.—Figures in above table have been revised since published in previous reports to exclude acceptances of other banks and bills of exchange or drafts sold with endorsement,
now reported as "contingent liabilities." Such acceptances in years 1920 to 1928 in previous reports were included with loans and discounts, and in years 1929 to 1938 with "Other
assets." In years 1920 to 1925 these acceptances were previously included with bills payable, and in years 1926 to 1938 with "Other liabilities." The abovefigureshave been further
revised for years 1925 to 1938 in that securities sold with agreements to repurchase are now included with bills payable instead of with "Other liabilities."
(See also tables 57 and 58 coveringfiguresfor all banks and State and private banks, respectively.)
8
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TABLE NO. 60.—Federal Reserve notes, segregated by series, printed, shipped, and canceled, issued to banks, retired, and destroyed since organization of the Federal Reserve banks with balance in vaults and amount outstanding Oct. 31, 1939
CO
g
VAULT BALANCE OCT. 31, 1939, 1914-18 SERIES
Fives
Tens
Twenties
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
Total on hand
0
0
0
0
One
hundreds
Five
hundreds
One
thousands
$884,400,000
884,400,000
$173,000,000
173,000,000
0
0
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
0
0
0
0
w
VAULT BALANCE OCT. 31, 1939, 1928-34 SERIES
$2,829,780,000 $8,063,520,000 $6,332,160,000 $1,991,600,000 $2,780,000,000 $1,213,160,000 $1,612,196,000 $195,840,000 $236,880,000 $25,255,136,000
Total printed
620,260,000
986, 796,000 90,120,000 123,720,000 19,176,956,000
Total shipped and canceled- 2,200,980,000 7,064,840,000 5,028,240,000 1,287,600,000 1,774,400,000
Total on hand
628,800,000
998,680,000
1,303,920,000
704,000,000
1,005,600,000
592,900,000
625,400,000
105,720,000
113,160,000
H
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6,078,180,000
ISSUED, R E T I R E D , AND OUTSTANDING, OCT. 31, 1939, 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
6,136,926, 210 6,977,646, 520 7,173,770,260 1,478,913, 550 1,102,797,900
11,449,040
Total outstanding
13,165,520
18,487,780
7,746,500
8,764,900
$184, 528, 500
182,746, 500
$424,150,000
419, 211,000
1,782,000
4,939,000
$73,340,000 $127,260,000 $23,738,946,680
73,270,000 127,170,000 23,672,451,940
70,000
90,000
66,494,740
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ISSUED, R E T I R E D , AND OUTSTANDING, OCT. 31, 1939, 1928-34 SERIES
Total issued
Total retired.
$2,901,429, 250 $8,800,155,000 $6,707,035,600 $1,678,474,350 $2,379,093, 300
2,855, 628,050 7, 327,464, 610 5,214,827,980 1, 242,812,150 1, 513,056,900
Total outstanding
45,801,200
1,472,690,390
1,492,207,620
435,662,200
866,036,400
$671,773,000 $1,195,969,000
477, 521,000
769,509,000
194,252,000
426,460,000
$77,865,000 $179,440,000 $24,591,234,500
53, 610,000 140,280,000 19, 594,709,690
24, 255, 000
39,160,000
4,996, 524,810
o
Kj
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 T H E
RESERVE BANKS ON H A N D A N D I N VAULT OCT. 31, 1939, 1914-18 SERIES
Fives
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis.
Kansas City
Dallas
San Francisco...
_
Tens
Fifties
Twenties
$451,319,115
$696,401,050
$514,018,580
_. 1,486,188,165 1, 763, 664,330 1,170,960,140
518,328,435
565,232,970
600,427,640
365, 340, 435
437,637, 390
768, 545, 560
229,255,110
274,734, 630
337,953,720
271,572,665
312,901,200
317,585,100
822,518,995
846,012,260
932,585, 840
208,071,855
214, 556, 600
214,161,760
145,881,400
143,183,230
131,121,520
218,978,390
164,001,350
182, 614,700
142, 328,175
129, 554, 900
136,889, 700
458,128,220
413,354,570
713,047,960
Total receivedTotal destroyed
One hundreds
Five hundreds
One thousands
Five thousands
Ten thousands
FEDERAL
Total
$52,327,150
261,225,050
185,080,150
298, 736,400
82,769,350
43,132, 500
198,451,650
28,379,150
7,919,150
18,483,350
10, 725, 800
67,423,800
$72,188,800
305, 454, 200
63,023,200
66,178.100
41, 356,800
46,995,300
87, 632,200
18,532,000
11,803, 600
25,287,700
12,252,100
105,331,100
$6, 731,000
62,231,500
3,371,000
7,684,000
2,001,000
13,158,000
14,946, 500
3,353, 500
1,980, 500
3, 533, 000
2,167,000
10,061,000
$20,531,000
123, 771,000
13, 444,000
8, 633,000
8, 356,000
41,466,000
18, 733,000
4,257,000
2,747,000
4,312,000
4,355,000
21, 656,000
13,985,000
$8,010,000 $ 1,825,521,695
5,197,449,385
15,970,000
1,948,907, 395
1,958,704,885
3,970,000
982,426, 610
4,000,000
1,046,810, 765
2,924,865,445
697,311,865
4,000,000
444,636,400
617,210,490
438,272, 675
1,822,947,650
19,960,000
$3,995,000
7,985,000
1,980,000
2,000,000
3,985,000
2,000,000
5, 317,910,960
5,317,910,960
5,961,234,480
5,961,234,480
6,019,912,220
6,019,912,220
1,254,653,500
1,254, 653, 500
856,035,100
856,035,100
131,218, 000
131,218,000
272,261,000
272,261,000
35,930,000
35,930,000
55,910,000
55,910,000
19,905,065,260
19,905,065,260
0
0
0
0
0
0
0
0
0
0
Balance on hand
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M U T I L A T E D F E D E R A L R E S E R V E NOTES BY DENOMINATIONS, R E C E I V E D AND D E S T R O Y E D SINCE D A T E OF F I R S T S H I P M E N T
(APR. 30, 1929) ON HAND I N VAULT OCT. 31, 1939, 1928-34 SERIES
Boston
New York.
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total received
Total destroyed
_ _
$142,882,760
358,011,835
192,924,005
151,241,170
87, 602,050
183,133,950
226, 575,080
140,101,145
43,471, 615
50,413,445
82,600,765
186,653,980
$602,929,250
1,435,155,570
484,853, 650
470,232,010
288,410,210
215,669,050
800,935,990
227,290,840
121,838,270
163, 708, 570
114,648, 510
333,242,490
$216,826,280
627,791,280
271,046,780
391, 725, 780
288,395,240
120,493, 540
504, 111, 820
125,211,140
76, 623,540
119,199,480
70,329, 880
285, 785, 820
$34,852,450
104,961,350
69,841,950
58,234,350
39,769,050
16,369, 650
78,847,300
10,055,550
3,124, 600
7,638,100
5,330,950
20,978,800
$33,843,900
128,805,100
27,671,000
18,938, 800
25,416, 300
20,133,900
43, 836,000
15,383, 000
5,586,900
12,112,700
8,856,000
35, 612,200
$3,134,000
32, 558,000
2,191, 500
5, 807, 500
1, 558,000
5, 534,000
12, 771, 500
1,362,000
570,500
2,870, 500
894,500
2,228,500
$6,070,000
46,911,000
3,437,000
9, 225,000
10,139,000
14,278,000
26,299,000
2,076,000
650,000
7, 205,000
1,224,000
4,022,000
$270,000
775,000
$470,000
1,360,000
190,000
335,000
65,000
890,000
40,000
1,060,000
5,820,000
120,000
330,000
40,000
70,000
20,000
2,210,000
50,000
100,000
$1,041,278,640
2,736,329,135
1,051,965,885
1,106,654, 610
747,444,850
575,797,090
1, 694,596,690
521,559, 675
251,865,425
365,427,795
283,954, 605
868,623,790
1,845,611,800
1,845,494, 500
5,258,914,410
5,253,335, 610
3,097, 540,580
3,094,200, 580
450,004,100
449,680,900
376,195,800
375,787,100
71,480, 500
71,463,000
131, 536, 000
131, 460, 000
2, 655,000
2, 655,000
11, 560,000
11,560,000
11, 245,498.190
11,235,636,690
117,300
5,578,800
3,340,000
408, 700
17,500
76,000
0
0
9,861,500
Balance on hand
323,200
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304
REPORT OF T H E COMPTROLLER OF T H E CURRENCY
TABLE N O . 61.—Loans on and purchases of preferred stock of national banks dis-
bursed by the Reconstruction Finance Corporation from Mar. 9, 1988, to June 80,
1989, inclusive; and outstanding as of June 80, 1989
Disbursed
State
Alabama
_
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia a_.
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas.
Kentucky
Louisiana
Maine__
_
Maryland
Massachusetts
Michigan..Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota...
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah..
_._
Vermont.
Virginia...
Washington
West Virginia
Wisconsin
Wyoming
Alaska
_
Virgin Islands
Total.
Number
of banks
Amount
Outstanding
Number
of banks
Amount >
$5,296,372
1,209,000
1,055,869
30,803,934
1,501,100
3,058,681
126,300
2,028,300
582,070
911,600
870,250
30,498,117
2,946,305
2,602,650
1,388,700
1,774,750
3,423,500
765,335
2,181,540
5,234,791
14,316,235
5, 218,605
1,872,439
2,303,425
300,670
1,866,050
70,000
168,635
25,719,311
297,500
19,661,333
539,000
867,725
18,889,692
2,061,769
144,200
13,215,259
435,750
1,214,000
1, 546,064
6,078,750
12,226,857
826,811
405,000
1,255,550
1,953,213
1,403,126
10,342,741
239,650
27
3
24
62
33
16
4
7
13
18
9
133
51
48
46
29
15
13
13
43
52
97
15
31
20
49
3
9
138
6
240
18
31
83
40
20
200
3
6
27
27
147
8
9
36
23
36
57
10
1
1
$11,346,800
1,540,000
1,570,000
39,899,925
4,143,500
3,723,426
137,300
2,900,000
1,330,000
1,722,500
1,090,000
84,160,114
7,188,500
6,462,500
2,282,500
3,397,350
4,400,000
2,610,000
2,998,170
10,723,200
20,470,760
13,577,525
2,652,650
8,737,125
1,511,000
5,834,950
175,000
686,635
31,372,436
410,000
128,171,606
1,905,000
2,410,500
35,500,737
10,874,000
890,000
20,693,736
648,500
1, 505,000
2,954.100
8,062,500
23,621,625
1,325,000
560,000
3,917,400
3,090,000
3,445,067
15,395,100
702,500
37,500
125,000
11
1
14
35
24
15
4
7
11
13
8
103
35
34
35
18
13
10
11
23
41
59
15
22
11
37
2
5
118
5
177
12
20
64
25
6
168
3
5
21
20
113
6
8
24
13
27
41
6
1
120,250
2,050
544,888,737
1,500
243,818,774
i Amount outstanding includes repayments unallocated, pending advices, as of June 30,1939.
* Includes capital investment in banks other than national, except export-import banks of Washington.
REPORT OF T H E COMPTROI.LER OP T H E CURRENCY
305
TABLE N O . 62.—Loans made by the Reconstruction Finance Corporation to aid in
the reorganization or liquidation of closed national banks from Feb. 2, 1982, to
June 30, 1989
State
Alabama
Arizona
Arkansas
California
Colorado
District of Columbia i
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland..
Massachusetts
Michigan
__.
Minnesota.
Mississippi
—
Missouri
Montana
_
Nebraska
_
Nevada.
New Jersey
New Mexico
New York....
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
South Dakota
Tennessee
_.
Texas
Utah
Vermont
Virginia...
Washington
West Virginia
Wisconsin
Total
i Includes banks other than national.
Amount
authorized
Amount
withdrawn
or canceled
$382,402
67,600
325,401
2,842,593
439,020
2,536,948
720,504
204,631
364,207
9,200,500
4,720,649
2,344,563
655,045
Amount
disbursed
$1,173,300
217,000
1,785,200
13,948,485
1,867,950
16,664,341
1,866,300
513,800
3,628,400
37,756,213
21,230,927
11,401,002
2,285,700
8,956,573
336,300
11,823,200
3,499,036
10,250,700
259,981,044
2,638, 747
2,902,400
7,971,500
465,200
1,518,127
1,005,000
23,729,490
65,000
44,268,593
7,134,900
2, 589,265
14,387,664
2,261,303
3,237,800
82,459,085
6,651,680
1,295,184
16,761,144
5,966,434
39,500
1,349,800
2,199,700
11,705,370
8,529,884
7,101,721
231,300
799,435
579,476
2,487,637
45,766,600
571,692
599,675
2,307,759
126,200
376,603
209,200
6,720,248
25,800
6,252,186
1,790,192
919,748
3,496,129
992,548
455,668
22,263,445
1,480,048
276,621
1,009,180
1,011,947
4,500
284,801
412,335
1,061,412
1,225,893
1,646,766
149,400
1,428,949
11,093,802
1,428,930
14,127,393
1,145,796
309,169
3,264,193
28,393,413
16,499,278
9,056,439
1,630,655
6,473,904
105,000
11,023,765
2,855,560
7,763,063
214,214,444
2,067,055
2,302,725
5,654,741
337,500
1,141,524
745,800
16,985,142
39,200
37,088,505
5,315,708
1,669,517
10,891,535
1,268,755
2,782,132
59,751,140
5,171,632
1,018,563
15,703,664
4,954,487
35,000
1,064,999
1,787,365
9,943,958
7,241,991
5,454,955
667,419,962
132,671,776
532,171,644
TABLE NO. 63.—Summary of unlicensed national banks in the United States, and nonnational banks in the District of Columbia, on Mar. 16,
1988, and unsecured liabilities released to Oct. 81, 1989, grouped in accordance with final disposition
NATIONAL BANKS I N U N I T E D STATES AND NONNATIONAL BANKS I N T H E DISTRICT OF COLUMBIA
Groups of banks
Banks licensed after capital corrections
Banks reorganized by waiver or rehabilitation:
Banks absorbed by another national bank
_
Banks absorbed by a State b a n k . . .
Banks reopened under new charter
Banks reopened under old charter
Banks reorganized by Spokane sale:
Banks absorbed by another bank
Banks reopened under new charter
Banks placed in voluntary liquidation
Banks placed in receivership, plans for reorganization
having been disapproved
...
Total
_
borTotal assets Total deposits Total money
as of Dec. 31, as of Dec. 31, rowed
as
of
Dec.
31,
1932, or as
1932, or as
1932, or as
reported in
reported in
reported
in
conservators' conservators'
first reports
first reports conservators'
first reports
Num- Capital at
ber of date of orbanks ganization
Capital as
of Dec. 31,
1932, or as
reported in
conservators'
first reports
292 $18,947,300
$28,614,800
$395,468,355
$306,821,531
17
710,000
18
875,000
282 22,308,000
248 14,772,000
1,390,000
1,335,000
39,512,500
21,893,000
14,056,815
14,509,635
440,244,005
361,671, 765
9,431,290
10,174,715
299,457, 744
275,308,142
21 1,905,000
236 27,710,020
13
380,000
2,300,000
79, 965,020
525,000
29,368,727
1,190,471,908
2, 725,441
21,934,162
895,105,083
1,343,597
2,687,402,137
1,971,960,022
290
13,238,000
22,922,500
1,417 100,845,320
198,457,820
152,383,758
Percent
of unsecured
liabilities
released
Unsecured
liabilities
Unsecured
liabilities
$14,981,975
$305,638,919
$305,638,919
100.00
1,998, 784
1,311,671
46,856,330
27,243, 742
9,431,187
10,174, 715
299,493,920
275,505,008
9,054,232
9,643, 577
249,616,908
258,274,614
96.00
94.78
83.35
93.75
2, 548, 592
81,455,922
430,618
20,070,016
862,831,838
1,343, 597
18, 507, 992
706, 500, 945
1,343,597
92.22
81.88
100.00
35,799,831
138,209,538
96,479,417
69.81
212,627,465 1,922,698,738 1,655,060.201
NATIONAL BANKS I N U N I T E D STATES
Banks licensed after capital corrections
Banks reorganized by waiver or rehabilitation:
Banks absorbed by another national bank.
_.
Banks absorbed by a State bank
_.
Banks reopened under new charter..
Banks reopened under old charter
Banks reorganized by Spokane sale:
Banks absorbed by another bank
Banks reopened under new charter
Banks placed in voluntary liquidation
Banks placed in receivership, plans for reorganization
having been disapproved
Total
292 18,947,300
28,614,800
395,468,355
306,821,531
14,981,975
305,638,919
305,638,919
100.00
16
610,000
18
875,000
282 22,308,000
248 14,772,000
990,000
1,335,000
39,512,500
21,893,000
10,141,429
14,509,635
440,244,005
361,671,765
7,108,070
10,174,715
299,457, 744
275,308,142
1,013,363
1,311,671
46,856, 330
27,243, 742
7,107,967
10,174,715
299,493,920
275, 505,008
6,796,303
9,643,577
249,616,908
258,274,614
95.62
94.78
83.35
93.75
20
230
13
28,369, 729
2,200,000
79,425,020 1,181,830,883
2,725,441
525,000
21,180,684
889,247,893
1,343,597
2,489,704
79,643,033
430,618
19,335,872
856,828,876
1,343,597
17,773,848
701,513,158
1,343,597
91.92
81.87
100.00
34, 711, 546
132,514,223
93,145,454
70.29
208,681,982 1,907,943,097 1,643,746,378
86.15
1,855,000
27,355,020
380,000
288 13,038,000
1,407 100,140,320
22, 722,500
233,686,104
148,824,874
197,217,820 2,668,647,346
1,959,467,250
o
NONNATIONAL BANKS IN T H E D I S T R I C T OF COLUMBIA
Banks reorganized by waiver or rehabilitation: Banks
absorbed by another bank
Banks reorganized by Spokane sale:
Banks absorbed by another bank
B anks reopened under new charter
Banks placed in receivership, plans for reorganization
having been disapproved
Total.
10
100,000
400,000
50,000
355,000
100,000
540,000
200,000
200,000
5,199, 382
3, 558,884
1,088, 285
705,000
1, 240,000
18, 754, 791
12,492, 772
3, 945,483
3,915,386
2, 323,220
985,421
2,323,220
2,257,929
97.19
8,641,025
753,478
5,857,190
58,888
1,812,889
734,144
6,002,962
734,144
4,987,787
100.00
83.09
5,695,315
3,333,963
58.54
14,755,641
11,313,823
76.67
H
W
a
o
K
3
W
Q
308
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 81,1989,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiOrganization
Name and location of banks
Charter
No.
Date
Failure
Capital
stock at
date of
failure
Date receiver
appointed
ALABAMA
1897
2103
2142
2190
2648
2851
First National Bank in Decatur
First National Bank, Sylacauga
Central National Bank, Decatur L.
Gadsden National Bank, Gadsden..
First National Bank in Bessemer 77__
First National Bank, Tuscumbia --
1841
Nogales National Bank,
1484
1492
Interstate National Bank, Helena
First National Bank, Corning i7
First National Bank, Camden »
Arkansas National Bank, Fayetteville i7
Lee County National Bank, Marianna
Jan.
July
Oct.
Dec.
Dec.
June
18,1932
27,1932
1,1932
1,1932
28,1933
18,1934
7451
10423
8560
6961
11281
Feb.
Oct.
July
Jan.
Aug.
Dec.
2,1913
10,1904
10,1913
25,1907
25,1903
18,1918
$200,000
50,000
200,000
125,000
100,000
75,000
11012
M a y 15,1917
50,000
Dec. 11,1931
11234
7311
4066
8786
10854
July
June
June
June
May
23,1918
7,1904
22,1889
8,1907
4,1916
250,000
50,000
150,000
150,000
80,000
Jan. 3,1931
Jan. 12,1931
Apr. 16,1934
do
May 1,1934
7632
12572
11732
12819
11461
3818
Feb.
Aug.
May
Aug.
July
Oct.
11,1905
6,1924
24,1920
29,1925
7,1919
17,1887
1,000,000
100,000
100,000
300,000
450,000
100,000
Aug.
Jan.
Jan.
Feb.
June
June
18,1931
11,1932
23,1932
17,1932
7,1932
21,1932
8504
8069
12988
8798
Dec.
Dec.
Aug.
July
18,1906
21,1905
6,1926
8,1907
2,000,000
100,000
125,000
150,000
Jan.
Feb.
July
July
21,1933
15,1933
13,1933
18,1933
10228
July 3,1906
June 26,1912
75,000
75,000
Aug. 2,1933
Jan. 15,1934
12637 Jan. 16,1925
50,000
June 26,1939
Feb. 28,1933
ARIZONA
ARKANSAS
2805
2817
CALIFORNIA
1658
1885
1921
1977
2036
2057
2244
2278
2310
2311
2322
2687
United States National Bank, Los Angeles..
Walnut Park National Bank, Walnut Park
First National Bank, Culver City
Seaside National Bank, Long Beach
First National Bank, Beverly Hills
San Bernardino National Bank, San Bernardino.
California National Bank, Sacramento
First National Bank, Oceanside
City National Bank, Huntington Park 7__.
First National
Trust & Savings Bank,
Chico 7.
First National Bank, Eialto 7
Anaheim First National Bank, Anaheim 7 .
None_,
CONNECTICUT
Plantsville National Bank, Plantsville *
DELAWARE
None.
DISTRICT OF COLUMBIA
2285
2514
2540
Commercial National Bank, Washington,
D. C.
Federal-American National
Bank & Trust
Co.. Washington, D. C.7
District National Bank, Washington, D. C.7.
7446
Oct. 18,1904
1,000,000
10316
Jan. 15,1913
2,000,000
Oct. 31,1933
9545
Sept. 8,1909
1,000,000
Nov. 6,1933
13159
10346
10069
Dec. 23,1927
Feb. 26,1913
Aug. 1,1911
500,000
250,000
200,000
Dec. 23,1930
Feb. 12,1931
Feb. 27,1934
8848
12404
July 25,1905
June 15,1923
60,000
50,000
Jan. 12,1931
Aug. 29,1935
3471
Mar. 9,1886
375,000
Aug. 9,1932
FLORIDA
1470
1518
2745
City National Bank in Miami..
First National Bank, Panama City
First National
Bank & Trust Co. in Orlando.7
1493
2930
National Bank of Wilkes at Washington-.
Citizens National Bank, Barnesville * •
2112
Boise City National Bank, Boise
GEORGIA
IDAHO
Footnotes at end of table, pp. 428 and 429.
309
REPORT OF THE COMPTROLLER OP THE CURRENCY
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 81, 1989
Circulation
Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure
$326,033
59,842
292,089
199,999
251,239
62,803
Total deposits at
date of
failure
Total liabilities established to
date of
report
Lawful
money
deposited
to retire
Assets and assessments
Outstanding at
date of
failure
Book value
of assets
at date of
failure
Additional
assets received
since date
of failure
$48,813
17,941
12,605
67,065
57,462
47,517
f897
2103
2142
2190
2648
2851
$200,000
48,077
$200,000
48,077
737,629
1,037,997
347,029
$1,117,015
646,223
309,816
963,848
1,327,152
418,448
67,500
78,570
39,450
67,500
78,570
39,450
$1,337,925
457,869
523,777
1,101,974
1,575,569
494,802
84,507
410,584
503,112
48,860
48,860
586,058
129,325
1841
337,108
125,547
167,816
84,810
334,983
1,636,678
110,000
2,264,745
172,809
1,161,473
208, 111
827,902
418,703
110,000
395,233
2,011,844
125,594
1,028,680
87,708
775,261
33,784
1,841
90,035
1484
1492
2803
2805
2817
99,265
30,000
175,577
1,011,964
187,100
7,798,942
1,123,550
814,166
975,185
5,197,831
1,188,300
8,515,901
1,236,049
858,164
1,157,197
6, 329,955
1,395,922
48,620
95,260
97,900
400,000
99,100
48,620
95,260
97,900
400,000
99,100
8,937,321
1,333,889
977,774
1,470,598
6,874,856
1,727,909
217,557
36,311
34,056
50,656
497,003
134,929
1658
1885
1921
1977
2036
2057
2,119,977
141,634
142,482
260,662
11,258,781
427,361
635,961
2,252,104
13,550, 718
582,339
803,415
2, 537,673
1,701,580
1,701,580
150,000
150,000
15,724,822
679,814
926,050
2,722,544
434,188
36,975
12,957
159,016
2244
2278
2310
2311
289,187
262,080
378, 564
368,375
727,816
665,484
50,000
50,000
50,000
50,000
751,886
736,038
55,454
10,976
2322
2687
421, 461
465,910
380,181
68,379
2958
2285
$760,770
326,850
821,465
2,953,219
10,147,364
13,244,195
984,400
984,400
14,754,878
225,608
4,289,129
9,583,792
14,250,925
49,817
49,817
17,095,563
283,035
2514
1,061,693
6,077,504
7,346,527
903,000
903,000
8,601,400
520,234
2540
362,960
151,943
515,525
5,996,970
672, 638
2,114,277
6,439,292
843,874
2,760,019
50,000
50,000
7,336,197
1,189,983
3,077,336
232,090
167,567
157,666
1470
1518
2745
44,310
70,110
322,962
387,682
71,556
48,915
48,915
450,235
122,665
140,357
18,860
1493
2930
181,149
2,365,834
2,567,282
248,080
248,080
3,042,017
405,932
2112
310
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 81,1989\
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiAssets and assessmentsContinued
Progress of liquidation to date of this report
Total assessment upon
shareholders
Total assets
and stock
Cash collections from
Cash collections from
stock
Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.
1897
2103
2142
2190
2648
2851
$200,000
50,000
200,000
125,000
100,000
75,000
$1,586,738
525,810
736,382
1,294,039
1,733,031
617,319
$895,151
194,740
156,931
536,750
1,128,420
263,970
$91,690
23,740
85,062
95,310
39,845
41,522
$74,110
8,153
24,058
53,981
108,280
21,148
$57,370
27,364
5,251
74,490
109,334
27,134
1841
50,000
765,383
363,655
1,881
31,658
60,513
1484
1492
2803
2805
2817
250,000
50,000
150,000
150,000
80,000
2,933,448
222,809
1,345,257
359,952
997,937
1,524,764
40,368
832,490
38,158
620,155
162,832
19,653
56,693
63,591
5,684
129,017
2,492
52,067
6,068
48,686
"88," 623
1658
1885
1921
1977
2036
2057
1,000,000
100,000
100,000
300,000
450,000
100,000
10,154,878
1,470,200
1, 111, 830
1,821,254
7,821,859
1,962,838
6,142,034
733,803
549,679
858,555
4,175,912
1,185,081
526,253
40,331
34,941
159,512
206,312
83,128
407,888
51,889
44,584
68,005
257,191
127,655
747,688
119,463
84,425
61,071
512,282
97,095
2244
2278
2310
2311
2,000,000
100,000
125,000
150,000
18,159,010
816,789
1,064,007
3,031, 560
10,201,045
430,897
616,247
2,130,395
1,480,670
17,280
20,169
127,936
716,149
25,272
45,450
131,770
$1, 500
1,640,025
12,603
36,114
82,510
2322
2687
75,000
75,000
882,340
822,014
434,272
475,266
47,835
24,086
41,359
51,056
13,500
47,146
30,193
448,560
208,228
15,980,486
10,195,354
2958
2285
1,000,000
Unpaid
balance
R. F. C.
or bank
loan
177,867
"76,067
32,230
1,057
261,788
742,415
Offsets
allowed
and
settled
i«280,000
623,061
2514
2,000,000
19,378,598
9,823, 624
1,380,120
985,995
1,149,169
2540
1,000,000
10,121,634
5,425,743
721,061
463,472
822,747
1470
1518
2745
500,000
250,000
200,000
8,068,287
1, 607, 550
3, 435,002
3,416,109
437,125
1,991,455
338,815
67,473
170,570
335,804
22,644
124,171
1493
2930
50,000
50,000
640,592
191,525
189,131
47,925
28,820
29,446
23,890
5,303
30,859
10
2112
375,000
3,822,949
1,842,487
142,714
115,121
145,222
Footnotes at end of table, pp. 428 and 429.
112,426
703,033
40,369
186,302
REPORT OF THE COMPTROLLER OF THE CURRENCY
311
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. SI, 1939—Continued
Disposition of proceeds
of liquidation-
Progress of liquidation to date of this report—Continued
Total collections from all
sources including offsets
allowed and
unpaid balance
R. F . C. or
bank loan
Loss on
assets compounded or
sold under
order of
court
Book value
of remaining
uncollected
assets
Book value
Book value
of remaining
of assets
uncollected
returned to
stock
shareholders'
assessment
agents
$1,118,321
253,997
271,302
760, 531
1,385,879
353,774
$153,963
86,131
358,821
228,811
290,048
251, 215
$280,254
167, 575
15, 379
328,988
105,229
$108,310
26,260
114,938
29,690
60,155
33,478
457,707
287, 072
4,143
48,119
1,994,480
62,513
1,029,873
107,817
750,592
980,817
132,441
274,144
171,794
37,235
184,480
87,168
30,847
93,307
86,409
74,316
7,823,863
945,486
713, 629
1,147,143
5,151, 697
1,492,959
657, 599
516,934
377, 726
302, 754
1,394,422
580, 662
1,607,557
14,037,889
486,052
719,480
2,472, 611
2, 987,415
273,289
151,785
357, 545
1,330, 525
570, 612
594,101
325, 922
129, 700
Conservators' distributions—
To
secured
creditors
2 $2,084
To
unsecured
creditors
2 $207,777
2133, 516
1841
2 377,414
3 147,975
1484
1492
2803
2805
2817
473, 747
59,669
65,059
140,488
243,688
16,872
1658
1885
1921
1977
2036
2057
134,861
311,110
519,330
82,720
104,831
22,064
2244
2278
2310
2311
111, 855
27,165
50,914
298, 874
1, 289,243
2 872,862
2322
2687
208,102
241,515
1897
2103
2142
2190
2648
2851
2958
12,102,618
1,184,178
2,977,893
738,212
13,338,908
2,129,077
4,276,728
619,880
2 4,171,561
2514
7,433,023
532,254
2,340,890
278,939
2 1,918,195
2540
4,793,761
567,611
2,584,924
1,173,961
867,884
1,057, 245
2,275,184
12,172
161,185
182, 527
29,430
2183,352
1470
1518
2745
272,700
82,684
370, 602
11,169
2,245,544
782,177
21,180
20,554
678,063
232,286
2285
$82,421
1493
2930
2112
312
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 81,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiDisposition of proceeds of liquidation—Continued
Dividends paid by
receivers—
On
unsecured
claims
On
secured
claims
Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed
Conservators'
salaries,
legal and
other
expenses
Cash advanced in
protection
of assets
289,531
380,#L6
61,870
$482,107
87,209
173,566
311,902
670,489
U6,399
3,301
2,528
1,132
34,947
125,080
185,049
99
1484
1492
2803
2805
2817
7,582
19,293
1,157,848
10
188,109
86
70, 519
676,748
40,368
372,562
35,780
431,936
6,013
1,157
3,663
4,620
1658
1885
1921
1977
2036
2057
35,000
12,019
7,490
5,121,515
363,817
268,269
558,744
1,745,248
866,513
2,065,713
601,648
385,845
463,910
2,925,458
437,456
101,636
411
1,397
918
4,583
213
1897
2103
2142
2190
2648
2851
$97,832
4,009
65,147
17,820
$394,342
72,917
1841
50,716
14,667
81,753
$854
5,416
$10,740
15,188
12,360
Receivers'
salaries,
legal and
other
expenses
$74,105
39,145
18,003
90,001
54,418
28,497
65,528
16,686
21,721
146,289
2,771
73,945
17, 572
52; 583
430, 703
67, 691
50,628
101,992
294,700
107,024
2244
2278
2310
2311
7,535
9,760
7,041,466
127,036
142,067
677,745
6,101,916
297,169
503,331
767,799
29,102
2,109
89
141
5,924
14,144
505,327
52, 213
54,062
76,505
2322
2687
20,901
29, 611
186,284
461,283
343,948
12
3,724
6,914
14,359
51,891
43,308
32,348
272
2958
2,869
591,673
3,929,610
7,459,959
100,598
2514
2,128,830
5,756,956
56,649
284,068
612,513
2540
1,422,277
3,341,414
21,076
126,989
430,372
1,513,561
174,876
1,235
2,523,068
246,329
2,121,195
18,338
2,704
329
60,736
498,956
80,075
218,077
133,093
81,000
30,139
5,082
823
53. 525
10,234
996,120
950,071
7,267
135,731
2285
29
1470
1518
2745
16,547
57,256
1493
2930
41,416
2112
33,877
Digitized for Footnotes
FRASERat end of table, p p . 428 and 429.
REPORT OF THE COMPTROLLER OF THE CURRENCY
313
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 31, 1939—Continued
Disposition of proceeds of
liquidation—Continued
Cash in hands
of
Comptroller
and
receivers
Amount returned to
shareholders
in cash
Amount of
claims
proved
$69,081
45,301
3,846
47,976
53,179
$512,891
296,139
304,565
625,956
637,156
297,845
47,004
276,772
71
21,238
69,296
21,579
167,041
Dividend
(percent)
Interest
dividend
(percent)
76.33
24.5
21
45.5
3 91.667
'65.6
Date finally
closed
Dec. 20,1938
45
1,319,803
85,227
631,023
84,954
332,521
38.3033
22.65
3 89.62
59.8
3 65
6,383,569
741,732
468,979
689, 726
3,367,705
960,755
80
50.67
58.8
80
51.667
98.7
1897
2103
2142
2190
2648
2851
1841
Mar. 31,1939
Oct. 14,1939
Aug. 24,1939
Jan. 7,1939
Jan. 31,1939
Jan.
5,1939
1484
1492
2803
2805
2817
1658
1885
1921
1977
2036
2057
4,247
63,415
7,411,074
290,962
284,047
1, 760, 714
95
46.25
50
3 88
Feb. 28,1939
2244
2278
2310
2311
407,355
315,616
12.4
59
June 14,1939
2,478
2322
2687
206,026
391,218
360,078
2958
2285
20,749
5,579,719
70
328,331
8,362,060
»75
2514
172,700
3,916,535
»85
2540
223,291
6,371
3,773,151
638, 443
606,500
40
35
»30
1470
1518
2745
$72
122,478
303,867
41,416
1,572,680
43.8
"100
63.33
(12)
Nov. 22,1938
Dec. 16,1938
1493
2930
2112
314
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiOrganization
Name and location of banks
Charter
No.
Quincy-Ricker National Bank & Trust Co.,
Quincy.
First National Bank, Marion
Lawrence Avenue National Bank, Chicago..
Austin National Bank, Chicago
Albany Park National Bank & Trust Co.,
Chicago.
1596 Washington Park National Bank, Chicago.
Inland-Irving
National Bank, Chicago
1597
1601 Manufacturers National Bank & Trust Co.,
Rockford.
1604 Security National Bank, Rockford.__
1606 First National Bank, Downers Grove
1609 Waukegan National Bank, Waukegan
_._.
1629 Will County National Bank, Joliet
1651 First National Bank, Polo
Rogers
Park
National
Bank,
Chicago
_.
1688
1708 First National Bank, Kewanee
1711 National City Bank, Ottawa
1715 Calumet National Bank, Chicago
1750 West Side Atlas National Bank, Chicago...
1755 First National Bank, Erie
1786 First National Bank, Sycamore
1850 First National Bank, Momence
1853 Gillespie National Bank, Gillespie
1910 First National Bank in Mount Olive.
1928 Farmers National Bank, Pekin
1944 First National Bank, Palatine
1961 Joliet National Bank, Joliet
1968 Rockford National Bank, Rockford..
2013 Forest City National Bank, Rockford
2025 Douglass National Bank of Chicago, Chicago.
2051 Bowmanville National Bank of Chicago,
Chicago.
2055 First American National Bank & Trust Co.,
Berwyn.
2060 Jackson Park National Bank of Chicago,
Chicago.
2062 Ravenswood National Bank, Chicago
2063 First National Bank, Wilmette
2064 National Bank of Woodlawn of Chicago
2067 Midland National Bank of Chicago
Peoples National Bank & Trust Co. of Chicago.
2077 Hyde Park Kenwood National Bank of Chicago.
2082 First National Bank, Riverside
2085 First National Bank in Aurora
2124 First National Bank, Lawrenceyille
2186 Ayers National Bank, Jacksonville.
2215 First National Bank, Herrin
2216 Third National Bank, Mount Vernon
2236 First National Bank, Wheaton
2239 Farmers National Bank, Taylorville
2266 Nokomis National Bank, Nokomis
7
2406 First National Bank, Odin
7
2411 Newman National Bank, Newman ...
2434 Galena National Bank, Galena 7
2478 Peoples National Bank, Monmouth 7
2485 First National Bank, Marseilles 7
2516 First National Bank, Grayville 7
2521 First National Bank. Sheridan 7
2548 First-Henry National Bank, Henry 7
2554 First National Bank, Joliet 7 .
2589 First National Bank, La Harpe 7
2602 First National Bank, Tamaroa 7
Footnotes at end of table, pp. 42* and 429.
Date
Capital
stock at
date of
failure
Date receiver
appointed
1420
3752
7,1887
$500,000
Nov. 10,1930
1444
1490
1547
1582
4502
12873
10337
11737
Dec. 27,1890
Jan. 11,1926
Feb. 7,1913
Apr. 13,1920
100,000
200,000
250,000
300,000
Dec. 5,1930
Jan. 9,1931
Apr. 6,1931
May 19,1931
3916
10179
3952
June 21,1888
Apr. 18,1912
Nov. 20,1888
600,000
525,000
500,000
June 9,1931
do
June 16,1931
11731
9725
10355
1882
13497
10305
1785
1465
3102
11009
6951
1896
7079
7903
13452
2287
11934
4520
1816
4325
12227
May
Jan.
Mar.
Aug.
Oct.
Dec.
Nov.
June
Dec.
May
July
Sept.
Dec.
July
Apr.
July
Jan.
Oct.
Mar.
Apr.
Nov.
200,000
100,000
250,000
200,000
50, 000
100,000
125,000
200,000
400,000
v-200,000
40,000
175,000
50,000
75, 000
50, 000
100,000
^'50,000
700,000
750,000
300,000
June 18,1931
June 19,1931
June 22,1931
July 15,1931
Aug. 12,1931
Sept. 24,1931
Oct. 6,1931
do
Oct. 7,1931
Oct. 16,1931
Oct. 19,1931
Oct. 31,1931
Dec. 17,1931
Dec. 19,1931
Jan. 20,1932
Jan. 26,1932
Feb. 2,1932
Feb. 10,1932
Feb. 12,1932
Apr. 19,1932
10237
July 25,1912
June
Failure
3,1920
31,1910
7,1913
4,1871
11,1930
16,1912
23,1870
26,1865
20,1883
5,1917
28,1903
15,1871
14,1903
24,1905
2,1930
19,1875
25,1921
29,1890
8,1871
8,1890
4,1921
12426
July 31,1923
12391
May 25,1923
250,000
May 21,1932
300,000
June 21,1932
175,000
10215
10828
11980
13036
13311
Apr. 30,1912
Feb. 3,1916
May 5,1931
Jan. 18,1927
Apr. 2,1929
13235
Aug. 1,1928
12386
13655
5385
5763
5303
5689
9368
5410
1934
9525
7575
3279
4313
1852
4999
10760
1482
512
8468
Apr.
July
May
Mar.
Apr.
Jan.
Mar.
May
June
Aug.
Jan.
Dec.
May
June
May
June
June
Aug.
Nov.
Mar.
6,1923
28,1931
4,1900
25,1901
11,1900
12.1901
6,1909
18,1900
9,1872
3,1909
12,1905
23,1884
2,1890
27,1871
8,1895
22,1915
5,1865
1,1864
20,1906
9,1907
do
_.
200,000
200,000
150,000
300,000
250,000
1,000,000
June 25,1932
50,000
200,000
100,000
500,000
50,000
150,000
50,000
100,000
75,000
25,000
50,000
100,000
75,000
75,000
50,000
25,000
50,000
1,040,000
50,000
40,000
July 6,1932
do
Aucr. 22,1932
Nov. 21,1932
Dec. 31,1932
Jan. 3,1933
Jan. 19,1933
do
do
do
do
June 27,1932
do
600,000 July 1,1932
Feb. 9,1933
Sept. 27,1933
Oct. 2,1933
Oct. 9,1933
Oct. 26,1933
Oct. 27,1933
Nov. 1,1933
do
Nov. 7,1933
Nov. 10,1933
Dec. 7,1933
Dec. 9,1933
REPORT OF THE COMPTROLLER OF THE CURRENCY
315
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 31, 1939—Continued
Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
Total deposits at
date of
failure
Circulation
Total liabilities established to
date of
report
Lawful
money
deposited
to retire
Assets and assessments
Outstanding at
date of
failure
Book value
of assets
at date of
failure
Additional
assets received
since date
of failure
failure
$586,680
$3, 564,347
$4; 168,655
$500,000
$500,000
$4,756,091
$309,369
1420
214,000
124,950
508,107
515, 600
1. 567,657
633,079
2,116,813
1,700,609
1,793,441
798,184
2, 642,187
2,232,025
96,995
191,300
24, 700
200,000
96,995
191,300
24, 700
200,000
1,952,643
936,393
3,110, 580
2,590,773
82,436
f6,886
37,449
130, 565
1444
1490
1547
1582
901,957
200,055
7. 521, 346
4,169.5Q4
4, 237,013
7,565,787
5, 264, 362
4, 501,128
500,000
296,760
196, 760
500,000
296,760
196, 760
8,544,106
5,704,212
5,181,863
363. 814
166,244
138,846
1596
1597
1601
163, 501
214,000
29,837
328,178
228, 538
120,094
482, 691
434,733
45,845
104,891
55,000
181, Ul
50, <&7
75, 000
33,191
1,035,956
601, 501
180,000
109,683
1,908,707
928, 952
2,870,9^1
2,662, 287
434,178
893,508
1, 219, 269
1,025,009
2.299,269
1,350,284
516,12£
1, 387,452
489, 703
1,130, 403
419,379
961,039
128, 593
3, 51% 518
4,450,746
2,005, 242
419,689
2,085,061
932,368
3,067,179
2,923,940
465,088
1, 234,396
1.466,672
1,158,053
2,883,911
1,833,691
563.695
1, 513, 565
546,099
1,359,100
477, 594
1,047,069
163, 210
4,635,127
5,075, 694
2,193,837
569,866
197,060
35,000
250,000
198, 500
197,060
35,000
250,000
198, 500
50,000
74,280
50,000
74/280
99, 520
196,820
38,920
175,000
24,760
75,000
48,380
95,800
15,000
97,180
199,980
198, 620
238, 540
99,520
196,820
38,920
175,000
24, 760
75, 000
48.380
95,800
15,000
97,180
199,980
198,620
238, 540
2, 410,056
1,054, 348
3,477, 495
3,187, 206
538,019
1,394, 790
1, 591,078
1, 372, 779
3, 506, 809
2,074,418
627,906
1, 755,147
638 535
1,478. 042
552, 300
1,254,169
220,356
5, 593, 552
6, 771, 469
2, 882, 783
752, 899
114,455
39, 253
114 833
156, 820
8,849
82, 274
170,877
182,293
205, 298
33,863
28,051
55,311
84,110
58, 424
54,984
166,623
20,711
327, 607
348,971
212, 976
126, 835
1604
1606
1609
1629
1651
1688
1708
1711
1715
1750
1755
1786
1850
1853
1910
1928
1944
1961
1968
2013
2025
608,667
1, 665,187
2, 376,421
35,000
35,000
2, 654,845
181,918
2051
167,646
523, 510
717,743
882,846
83,759
2055
336,694
736, 519
1,092, 325
1,322,839
36,075
2060
21,920
57, 560
407,760
192,679
2,061,344
507,939
895,084
1, 344, 928
439,793
3, 729,097
537,732
1,031, 787
1, 760, 856
641, 878
5,986,186
763,408
1,159,298
2,196,721
971, 260
7, 281,242
121, 293
61,808
175, 620
13, 753
297,896
2062
2063
2064
2067
2069
729,450
3,133, 265
4,185,164
4,849,770
486,129
2077
46,288
299, 558
1Q5,915
742,146
227,890
2, 602,460
596, 472
5,090,458
1,164, 606
2,317,165
450,839
1, 288,085
674,399
90,628
207,223
2,167,633
454, 553
405,683
279, 886
156,169
636, 757
6,075,283
217,055
443,036
280,952
2,915,170
710,024
6, 217, 362
1,172, 254
2,441,496
579,914
1,422,105
872,012
104,076
260,365
2, 252,063
598,929
617 561
387,886
170,907
830, 587
6, 485, 918
324, 313
506,855
334,129
3,321919
801,994
7,10"), 636
1,240, 3S8
2, 709 026
637, OH
1.499.470
<M \, 826
1*26, 20M
303.817
2.596,179
741,924
720 307
438,456
198,187
917,903
7,090,832
376,450
508,656
16,471
24,417
34,689
109,307
200,011
89,559
17,995
73,777
44, 365
13,073
105,220
79,661
44,968
56 336
39, 257
15,361
11,356
813,360
121, 013
5,032
2082
2085
2124
2186
2215
2216
2236
2239
2266
2406
2411
2434
2478
2485
2516
2521
2548
2554
2589
2602
158,500
106,068
115,962
106, 695
156, 658
10. 729
38.375
70,181
123, 668
200 415
94,293
13,552
178,999
196, 883
96,721
39,977
205927—40
21
100,000
100,000
49,280
198,200
50,000
492,740
49, 695
100,000
24,700
100,000
75,000
19, 700
50,000
24,820
49,997
49, 280
133,200
50,000
492, 740
49,095
100 000
21.700
100. 0-0
75,000
19.700
50,000
24,820
49, 997
50,000
50,000
12, 500
24,347
12, 500
24,347
316
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939 >
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections^ and various other data indiAssets and assessmentsContinued
Total assessment upon
shareholders
Total assets
and stock
assessment
Progress of liquidation to date of this report
Cash collections from
Cash collections from
stock
assessment
Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.
Unpaid
balance
R. F. C.
or bank
loan
Offsets
allowed
and
settled
1420
$500,000
$5, 565,460
$2,696,611
$357, 264
$214,049
$256,854
1444
1490
1547
1582
100,000
200,000
250,000
300,000
2,135,079
1,153, 279
3, 398,029
3,021,338
964,299
367,306
1,684,843
1,654,402
61,811
63, 554
122,457
131,682
110,359
28,807
115,852
113,424
142,061
67,403
184,842
90,090
1596
1597
1601
600,000
525, 000
500,000
9, 507, 920
6,395,456
5,820,709
4, 706,395
3,102,322
3,229,736
287, 327
200,447
302,085
359, 567
241,162
243,049
632,386
500,094
371,957
1604
1606
1609
1629
1651
1638
1708
1711
1715
1750
1755
1786
1850
1853
1910
1928
1944
1961
1968
2013
2025
200,000
100,000
250,000
200,000
50,000
100,000
125, 000
200,000
400,000
200,000
40,000
175, 000
50,000
75,000
50,000
100,000
50,000
700,000
750,000
300,000
2,724, 511
1,193, 601
3,842,328
3, 544,026
1,138, 733
568, 576
1, 726,653
2,151, 545
354,846
649, 282
1,141, 272
643, 207
1, 758, 529
1, 310,071
382, 624
1,041. 505
388', 226
792,677
305,494
875,437
106, 296
2,884,585
3,164, 341
1,873, 352
132,386
50,280
132,128
130,874
34,815
47,836
108,104
56,191
204,998
72, 567
15; 261
132,931
44,802
39,936
31, 331
87,000
36, 261
282, 520
517,139
211,311
50.005
52,472
185,647
235,061
26,993
80, 534
103.141
52,164
161,894
91,639
33,897
85,602
44,187
94,611
32,130
74,622
15,076
288,094
228, 594
138,981
219,087
71,611
290,477
155, 768
23, 560
70, 356
71,022
122, 339
168, 734
137,756
33, 287
126, 502
25.479
26,177
8,992
71, 769
4,572
398, 224
586,616
255,087
48, 546
2051
2055
2060
250, 000
300,000
175,000
1, 577,064
1,886,955
1, 755,072
4,112,107
2, 308,281
695, 957
1,985,458
772, 645
1,611, 466
657, 284
1, 520, 792
291,067
6,621,159
7,870,440
3, 395, 759
1,129,734
3,136,763
1,141,605
1,558,914
311, 573
35, 519
47,487
1,453,172
85,406
148,380
411,970
58,865
57,341
155,078
25, 520
58,039
2062
2063
2064
2067
2069
200,000
200,000
150,000
300,000
250,000
1,000,000
1,084, 701
1,371,106
2,672,341
1,235,013
8,579,138
816,491
418,240
696,093
. 998,363
514,399
4,397,404
74,394
76,357
128, 558
147,271
140,320
222, 582
62,951
67.006
56,214
49,172
48, 328
389,719
30,920
70,666
135,834
52,959
154,998
2077
600,000
5,935,899
2,872,608
203,691
156, 508
508,849
2082
2085
2124
2186
2215
2216
2236
2239
2266
2406
2411
2434
2478
2485
2516
2521
2548
2554
2589
2602
50,000
200,000
100, 000
500,000
50,000
150,000
50,000
100,000
75,000
25,000
50,000
100, 000
75,000
75.000
400,600
3, 548, 336
1S7.182
2,199,470
481,886
7,709,943
3,634,768
679,091
1,490,399
1,884,134
2,948, 585
455, 590
705,039
1,673,247
1,255,095
704,133
1,034,191
77,910
164, 279
220.322
459,037
2, 775,840
1,938,010
499, 539
861,892
506,825
851, 643
206, 203
527,
713
50; ooo
134,949
238,
548
25,000
504,342
979, 259
50,000
7,904,192
5,858,399
165, 858
•50,000
547,463
208, 776
40,000
553,688
Digitized forFootnotes
FRASERat end of table, pp. 428 and 429.
44,367
191, 796
45,685
135, 533
40, 218
138, 563
26,103
62,463
57, 357
11,500
18,283
76,784.
47,841
15,795
43, 533
20,436
44,713
14,120
149,428
39, 795
156,006
41,859
100,191
39,627
109,411
82, 298
12, 764
15, 581
123, 522
39,916
37.334
14.228
11,234
53, 280
353.024
10; 650
22. 002
26.304
222, 407
39.480
357,937
65, 545
191,306
22,185
50,499
33,587
9,712
36,479
37,605
46, 452
24,981
16.050
3,432
29,185
436,688
15,253
22.017
22,665
27,152
$274,000
REPORT OF THE COMPTROLLER OF THE CURRENCY
317
dates of organization, anointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 1939—Continued
Progress of liquidation to date of this report—Continued
Total collections from all
sources including offsets
allowed and
unpaid balance
R. F. C. or
bank loan
Loss on
assets compounded or
sold under
order cf
court
$3, 524, 778
$2, 111, 995
1,278, 530
527,070
2,107,994
1,989, 598
920,400
518, 570
1, 205,074
499, 954
5,985, 675
4,044,025
4,146,827
Book value
of remaining
uncollected
assets
Book value
Book value
of remaining
of assets
uncollected
returned to
stock
shareholders'
assessment
agents
Disposition of proceeds
of liquidationConservators' distributions—
To
secured
creditors
To
unsecured
creditors
$142,736
1420
73,270
476,892
38,189
136,446
127,543
168,318
1444
1490
1547
1582
1,147, 921
1,221,934
946, 046
2,421,218
1,046,106
772,970
312,673
324, 553
197,915
1596
1597
1601
1, 540, 211
742,939
2,334,905
2, 673, 248
440, 214
848,008
1,423, 539
873, 901
2, 294,155
1, 612,033
465,069
1, 386, 540
502, 694
953, 401
377,947
1,108, 828
162, 205
3,853,423
4,496, 690
2,478, 731
443,125
614, 754
449,474
211, 559
318, 397
168, 462
648, 528
361, 362
170,457
527,141
660, 454
240,046
642,451
308, 940
717, 612
292, 798
473, 586
130,199
910, 734
666, 752
724, 561
344,837
551, 937
3,940
1, 363, 639
718,316
1, 727, 616
2, 702, 731
242, 759
174, 778
67, 614
49, 720
117,872
69,126
15,185
52,164
16,896
143,809
195,002
127,433
24,739
42,069
5,198
35,064
18, 669
13,000
13, 739
417, 480
232,861
88,689
214,481
1604
1606
1609
1629
1651
1688
1708
1711
1715
1750
1755
1786
1850
1853
1910
1928
1944
1961
1968
2013
2025
1,842, 036
395,098
833, 415
214, 594
2051
553, 696
236,071
293,044
116,135
2055
1,011,875
484, 384
125, 606
2060
592, 523
951, 531
1, 330, 640
756, 006
5,164, 703
117, 422
114, 351
1, 238,144
417, 655
1, 761,858
123, 643
21,442
152, 729
109,680
1, 264,878
2062
2063
2064
2067
2069
3, 741, 656
756, 976
1,197,466
271, 973
2, 763,101
606,846
4, 284, 244
826, 713
2, 314,194
543, 505
1,477,468
877,375
111, 886
290, 665
2,175, 921
633, 748
584, 935
280,014
170,051
631, 520
6,922,111
214,426
279, 947
137,114
700, 549
310, 927
2,152, 326
695, 763
466, 028
177, 264
267, 653
221,471
6,268
152, 236
573, 400
240, 901
244, 837
249, 554
25,002
133,212
417, 832
316, 352
81, 756
$8,319
108,898
188, 299
619, 069
1,257, 703
318,119
339, 996
225,910
4,390
1,064,912
257,117
45, 389
126, 825
5,906
50,165
262, 520
1,191,273
201,139
777,418
2077
396, 309
5,633
8,204
54,315
364,467
9,782
11,437
23,897
37, 537
17,643
13, 500
31, 717
23,216
27,159
59,205
6,467
4,564
5,287
2$1,351,693
2 1,312,437
27, 335
12,848
2082
2085
2124
2186
2215
2216
2236
2239
2266
2406
2411
2434
2478
2485
2516
2521
2548
2554
2589
2602
318
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiDisposition of proceeds of liquidation—Continued
Dividends paid by
receivers—
On
secured
claims
On
unsecured
claims
$2,206,319
Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed
Cash advanced in
protection
of assets
Conservators'
salaries,
legal and
other
expenses
Receivers'
salaries,
legal and
other
expenses
$1,089,014
$37,652
654,610
234, 256
1, 041, 345
928,421
411,490
219,827
781,180
723,771
29, 686
3,940
9,696
60,657
1596
1597
1601
4, 697, 361
2,006,306
2,979,277
820, 504
1, 566,453
820,125
7,440
9,964
3,706
420,299
324, 084
241,192
1604
1606
1609
1629
1651
1688
1708
1711
1715
1750
1755
1786
1850
1853
1910
1928
1944
1961
1968
2013
2025
759,891
439,171
1,458,740
1, 520,331
341,941
283, 538
838, 804
453, 449
1,002,182
673, 570
327, 798
971, 588
361, 777
299,991
202, 271
821,982
85,859
1,708, 694
2, 307,053
1, 607, 770
134,483
579, 307
157,360
526, 942
571, 549
57,490
391, 538
403, 258
322, 608
929, 689
667,385
79, 521
299,499
82, 524
305
14, 530
92,721
112, 670
87,075
199, 348
193, 566
35,019
106, 252
89,800
78,406
197,143
142, 321
54, 309
100, 783
53,973
57,108
37, 575
75,082
29,938
274, 585
273, 298
148, 039
1420
1444
1490
1547
1582
$9,833
2,484
25,431
51,177
128, 706
1,057
13,973
16, 772
503,951
2051
171,289
1,070,007
52, 581
2055
2060
117, 670
211,189
40,745
1,745,967
1,401, 229
571, 228
40, 500
444,893
236,971
2062
2063
2064
2067
2069
290,015
422, 800
642, 275
320,734
1,908,176
418,144
109, 694
408,461
562,129
346, 595
2,632,960
2077
1,316,868
1,
136,077
1,727, 395
329, 792
984, 450
600,944
1, 257,852
226.892
761 499
231, 548
51.374
179,558
484, 650
f.W, 752
279, 672
102 562
105,121
299,199
1,904,918
52,852
124,815
103, 745
676,170
200,843
3,063, 644
143,859
883,462
265,216
652, 224
598, 220
20,946
2082
2085
2124
2186
2215
2216
2236
2230
2266
2406
2411
2434
2478
2485
2516
2521
2548
2554
2589
2602
3,026
55
Footnotes at end of table, pp. 428 and 329.
74, 854
156,154
205,132
248, 387
117,412
24, 704
227, 581
3, 225,041
121,936
90,994
$191,793
109,
66,
180,
154,
5,764
13,762
3,924
6,743
56, 653
51
3,441
14,670
4,420
2,552
6,458
575
5,663
35,825
31, 730
19,938
9,798
571
563
326
317
96,913
31,964
205, 610
104, 577
123, 636
4,990
678
12, 591
9,401
79, 215
103,348
92,104
99,922
113, 645
79, 276
372,930
131, 390
289,934
40,996
4
9,468
4,742
11,813
4,250
1,234
400
2,985
29,125
197,464
44, 295
187, 688
12, 630
850
188
3,752
763
3,751
$2, 368
4,985
9,983
7,683
9,932
3,879
1,448
8,774
6
3,446
66, 201
4,453
5,743
97, 376
47,147
59,511
49,207
17, 411
31, 268
50,442
50, 331
46, 756
31,188
22,788
60, 276
277, 278
35,179
39,170
REPORT OF THE COMPTROLLER OP THE CURRENCY
319
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. SI, 1939—Continued
Disposition of proceeds of
liquidation—Continued
Cash in hands
of
Comptroller
and
receivers
Amount returned to
shareholders
in cash
Amount of
claims
proved
$3,059,233
$63,340
Dividend
(percent)
Interest
dividend
(percent)
72.12
Date finally
closed
June 23,1939
1420
Mar. 20,1939
1444
1490
1547
1582
95,447
122,432
1,348,552
574,612
1, 842,827
1,472,840
48
41.2
56
63
40,071
137,218
102,527
6,697,023
3,637,126
3,664,857
70
55
80
88,038
41,934
57,154
75, 702
88,352
466,608
131, 756
30,642
1,492,388
765,511
2,514,121
2,298,599
407,363
830,699
1,047,863
819, 674
1,872,132
1,208,848
487, 795
1,199,492
460, 276
766,805
368,388
828,052
120,984
2,845,936
3,613,981
1, 605, 227
351,525
30, 504
1,259,323
40
2051
35, 931
419,481
12.5
2055
719,101
67.5
51, 729
19, 670
171, 422
414, 261
612,235
1,223, 380
290, 783
3,289, 767
70
69
52.5
100
58
135,105
2,246, 308
58.5
176,080
2, 212, 630
507,254
3,121,643
1,013,196
1,533,819
313,170
763,125
270,184
78,694
186,651
2,085, 649
391, 686
367,120
268, 558
145, 857
598, 740
3,269,091
200, 958
415,548
79
78
65
30
60.2
82
72.45
100
85.7
65
96.2
3 88
94.4
76.18
38
72
50
3 98
26.3
30
52,918
87, 753
12,695
57,311
121, 021
31,912
38, 994
63, 691
16,802
~n6,~369~
21, 221
15,227
31,939
49, 948
" 15," 779"
1596
1597
1601
49
57
58
66
83.94
34
80
55
53.5
66.367
67.2
81
78.6
39.26
58.7
99.267
70.967
60
64
100
38
Oct. 11,1939
Oct.
Jan.
Nov.
Sept.
Feb.
Dec.
May
Oct.
Dec.
6
10.3
31,1939
17,1939
10,1938
26,1939
18,1939
27,1938
9,1939
24,1939
1604
1606
1609
1629
1651
1688
1708
1711
1715
1750
1755
1786
1850
1853
1910
1928
1944
1961
1968
2013
2025
19,1938
2060
Feb. 11,1939
Mar. 10,1939
2062
2063
2064
2067
2069
2077
Jan. 14,1
Nov. 30,1938
Nov. 18,1938
Nov. 12,1938
Apr. 28,1939
Oct. 25,1939
Sept. 29 1939
Aug. 30,1939
May 24,1939
2082
2085
2124
2186
2215
2216
2236
2239
2266
2406
2411
2434
2478
2485
2516
2521
2548
2554
2589
2602
320
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiFailure
Organization
Name and location of banks
Charter
No.
Date
Capital
stock at
date of
failure
Date receiver
appointed
ILLINOIS—continued
2616
2617
2676
2677
2679
2683
2755
2764
2770
2816
2828
2831
2840
2848
2892
2912
2924
First National Bank, Canton 7 7
Canton National Bank, Canton »
7
First National Bank, Monticello
•
._
7
First National Bank, Savanna
7
State National Bank, P e r u » 7
National Bank of Niles Center 7
First National Bank, La Grange
First National Bank, Urbana 7 7
First National Bank, Granville .
First National Bank, Naperville 77
Lincoln National Bank, Lincoln •__
-.
Hancock County National Bank, Carthage 7 .
American-First
National Bank, Mount Car7
mel.
7
Aurora National Bank, Aurora
National Bank of Pontiac 7
._.
Peru National Bank, Peru *
_
-.
First National Bank, Du Quoin 7
Livingston
County National Bank, Pon1
tiac.
415 Apr. 2,1864
3593 Nov. 17,1886
4826 Nov. 17,1892
8540 Jan. 30,1907
13577 Nov. 9,1931
13218 June 14,1928
12653 Feb. 18,1925
2915 Mar. 29,1883
10458 Oct. 17,1913
4551 Feb. 26,1891
3365 July 1,1885
1176 Feb. 24,1865
5782 Apr. 5,1901
2945
2141
2951
4737
1837
$100,000
125,000
150,000
100,000
150,000
100,000
100,000
50,000
50,000
75,000
150,000
140,000
100,000
Dec. 13,1933
-_-do
Jan. 12,1934
do
do
do
Mar. 2,1934
Mar. 13,1934
Mar. 15,1934
Apr. 27,1934
May 10,1934
May 22,1934
May 31,1934
30,1883
25,1874
28,1883
11,1892
14,1871
300,000
50,000
100,000
100,000
50,000
June
Sept.
Nov.
Feb.
Oct.
1034
13050
Feb. 13,1865
Mar. 9,1927
200,000
50,000
Dec. 30,1930
Feb. 9,1931
4121
3084
8199
Feb. 22,1889
Oct. 3,1883
Apr. 2,1906
350,000
250,000
400,000
Oct. 23,1931
Nov. 11,1931
Jan. 18,1932
8426
11094
1263
794
5392
Oct. 9,1906
Dec. 11,1916
May 2,1865
Jan. 2,1865
May 21,1900
250,000
150,000
100,000
100,000
150,000
Jan.
Feb.
d
June
July
1873
363
10551
July 15.1871
Jan. 1,1864
May 5,1914
200,000
100,000
125,000
Oct. 3,1932
Sept. 6,1933
Oct. 2,1933
2119
June 19,1873
130,000
Oct.
5278
3285
Mar. 20,1900
Dec. 20,1884
50,000
1,750,000
Nov. 2,1933
9852
Aug. 11,1910
200,000
Dec. 8,1933
7411
5931
775
2166
4764
2067
6959
11
July
July
Jan.
Aug.
May
Sept.
July
May
Apr.
Mar.
Apr.
Apr.
Apr.
18,1934
26,1934
21,1934
6,1935
15,1935
INDIANA
1479
1513
1771
1800
1896
1931
1963
1964
2065
2094
2145
2366
2413
2417
2418
2524
2599
2713
2738
2775
2776
2777
2822
2836
2858
First National Bank, Connersville
Farmers & Merchants National Bank,
Sheridan.
Citizens National Bank, Kokomo
First National Bank, Logansport
Hammond National Bank & Trust Co.,
Hammond.
First National Bank, Gary
National Bank of America at Gary
First National Bank, Shelbyville
First National Bank, Martinsville
Peoples National Bank & Trust Co., Sullivan.
First National Bank, Vincennes
First N ational Bank, Peru 7
Peoples-American
National Bank, Princeton. 7
First National
Bank
of Marshall County at
Plymouth. 7
First National Bank, Montpelier 7
Old-First 7National Bank & Trust Co., Fort
Wayne.
Farmers 7 & First National Bank, Newcastle.
First National Bank, Linton 7
First National Bank in Lowell *
_ 7
New Albany National Bank, New Albany
.
Second National Bank, New Albany77
Citizens
National
Bank,
South
Bend
_
Cit3T National Bank, Goshen 7
First National Bank, Hartford City 7
First and Tri-State National Bank & Trust
Co., Fort Wayne.*
25,1904
11,1901
3,1865
6,1874
2,1892
25,1872
18,1903
6,1882
27,1932
10,1932
27,1932
15,1932
3,1933
100,000 Feb. 1,1934
50,000 Feb. 21,1934
150,000 Mar. 23,1934
do.
300,000
700,000 .....do
100,000 May 8,1934
75,000 May 23,1934
2,250,000 June 22,1934
IOWA
Oskaloosa National Bank, Oskaloosa
Pioneer National Bank, Waterloo
Farmers National Bank in Vinton
Consolidated National Bank, Dubuque
Commercial National Bank of Waterloo
Buchanan County National Bank, Independence.
2442 Knoxville-Citizens7 National Bank & Trust
Co., Knoxville.
Footnotes at end of table, pp. 428 and 429.
1907
1980
2080
2093
2095
2108
13188
Mar. 6,1879
Apr. 12,1898
Nov. 23,1928
Jan. 31,1876
Mar. 16,1883
Mar. 15,1928
100,000
200,000
75,000
500,000
400,000
125,000
Jan.
Feb.
July
July
July
Aug.
12849
Nov. 4,1925
100,000
Oct. 10,1933
2417
5120
13263
2327
2910
20,1932
18,1932
2,1932
14,1932
18,1932
1,1932
321
REPORT OF THE COMPTROLLER OF THE CURRENCY
dates off organization,
g
,
appointment
pp
off receivers and final closing, with nominal
assessments,
all sources, including offsets allowed and earnt amounts
t collected
lltd ffrom all
eating the progress and results of liquidation to Oct. SI, 1939—Continued
Circulation
Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure
Total deposits at
date of
failure
Total liabilities established to
date of
report
Lawful
money
deposited
to retire
Assets and assessments
Outstanding at
date of
failure
Book value
of assets
at date of
failure
Additional
assets received
since date
of failure
$1,112,406
1,141,173
859,675
975,989
1,723,816
1,129, 220
656,073
924,164
508,459
788,915
1,769,884
850,677
2,089,284
$76,298
46,487
271,296
43,294
414,862
31,187
11,224
230,788
25,501
76,804
92, 507
51,394
101,788
2616
2617
2676
2677
2679
2683
2755
2764
2770
2816
2828
2831
2840
3,212,901
1,401,992
210,638
3,181,016
196,631
206,979
93,802
1,923
54, 333
33 523
2848
2892
2912
2924
2933
1,435,527
493,727
32,476
115,848
1479
1513
$60,103
112,492
44, 284
54, 574
97, 316
84, 702
10,417
164,204
53,166
266,310
232,426
85, 713
387,088
$877,893
816,862
627,083
616,396
1,372, 748
868, 539
536,677
647,096
370,989
421,293
1,306,298
642, 535
1,447,692
$966,210
1,010,290
753,192
818,676
1,637,452
982,345
564,353
858,040
437,526
711,729
1, 567,629
776,803
1,869, 531
$99,700
99,997
99,600
98,860
50,000
$99,700
99,997
99,600
98,860
50,000
12, 500
12,500
150,000
75,000
98,950
150,000
75,000
98,950
1,044, 598
383,308
284,936
626, 991
115, 238
1, 707,192
909,026
2,855, 306
1,336,443
286,079
2,950, 587
115, 269
99,150
49,695
99,150
49,695
100,000
100,000
79,508
68,027
1,117,419
348,777
1,240,252
432, 729
197,000
197,000
263,858
369,483
2,966,246
4,901, 206
2, 569,503
3,284,899
4,915,062
3,088,586
246,340
384,460
246,340
384,460
3,710,967
5,238,138
3,419,782
568,057
110,473
215,666
1771
1800
1896
875,000
136,115
91,146
177, 234
206, 382
2, 703,458
882, 274
496,588
762,539
1,165,325
3,732,534
1,046,950
592,679
956,912
1,388,499
244, 240
93,220
69,280
99,700
97, 660
244,240
93, 220
69,280
99,700
97,660
4,060, 502
1,332,910
736,215
1,036,098
1,523,851
526,659
68,148
106,803
81,225
70,333
1931
1963
1964
2065
2094
465,074
363,408
271, 593
899, 703
1,099,298
811,455
1,399,018
1,510,819
1,121,144
19,980
100,000
100,000
19,980
100,000
100,000
1,608,940
1,631,840
1,268,661
111, 757
111,476
83,295
2145
2366
2413
208,609
823,642
1,058,657
129,997
129,997
1,188,018
132,497
2417
126,518
7,782,834
271, 564
14,443,693
412,367
26,435, 723
50,000
1, 750,000
50,000
1,750,000
459,445
25,020,700
55,630
4, 111, 168
2418
2524
294,959
1,064,872
1,384,544
199,400
199,400
1,610, 536
119,332
2599
701
34,305
198,239
129, 980
1,914, 520
299,200
65, 759
3,016, 666
846, 220
864,867
35,071
1,884,117
1,947,422
4,795,427
1,094,464
426,844
3,028,420
100,000
100,000
99,550
292,850
700,000
98,000
50,000
99,550
292,850
700,000
98,000
50,000
977,847
69,945
1,199,671
2,333,317
5,599,539
1,224,972
498,433
1,838,573
37,954
63
107,324
244,975
476,389
65,311
27,664
67,517
2713
2738
2775
2776
2777
2822
2836
2858
196,940
196,940
49,700
49,700
1,702,687
3,023,372
783,913
5,013,052
5,839,684
1,187 034
12,531
392,021
22,563
140,610
363,729
98 437
1907
1980
2080
2093
2095
2108
100,000
100,000
1,668,404
53,117
2442
2,164,171
801,311
1, 753,371
2,811, 264
768, 774
345,992
171,928
842,904
119, 322
921,350
717,150
233,515
1,382, 759
1,874,209
584,961
3,495,517
4,531,689
795,312
1,557,228
2, 751,604
710,071
4,495,292
5,333,358
1,042,540
376, 731
1,163, 545
1,563,798
322
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31}1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiAssets and assessmentsContinued
Total assessment upon
shareholders
Total assetis
and stock
assessment
Progress of liquidation to date of this report
Cash collections from
100,000
100,000
50,000
50,000
75,000
150,000
140,000
100,000
$1,288,704
1,312,660
1,280,971
1,119, 283
2,138,678
1,260,407
767, 297
1,204,952
583,960
940, 719
2,012,391
1.042,071
2.291,072
$825,966
881,995
703,982
700,969
1, 715,849
905,264
505,268
580, 242
413,012
604,176
1, 508,663
337, 580
1,046,778
2848
2892
2912
2924
2933
300,000
50,000
100,000
100,000
50,000
3,719,880
1,545, 794
312, 561
3,335,349
280,154
1479
1513
200,000
50,000
1771
1800
1896
$100,000
125,000
150,000
100,000
Cash collections from
stock
assessment
$82,034
104, 620
92, 206
37,780
Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.
Unpaid
balance
R. F. C.
or bank
loan
Offsets
allowed
and
settled
45, 275
71,675
21,304
23,291
54,689
89,843
78, 292
86,393
$62, 547
98, 785
62, 720
45, 503
94,489
107,488
32,260
48,947
24,233
45, 593
132,422
39, 229
110,995
$38,613
51,460
55,654
28, 524
95,346
42,426
47,849
93,318
24,601
56,480
66,177
60,754
143,954
981, 539
84, 598
2,500,875
57,444
209,089
22,687
69,464
42 435
22,480
185, 546
62,191
7,003
227,494
1,308
200,794
70,737
1,143
118,863
31
1,668,003
659,575
963,324
228,119
181,016
39,023
17.117
45,789
350,000
250,000
400,000
4,629,024
5,598, 611
4,035,448
2,373,884
4,231,426
1,810,450
294, 653
181, 287
198,391
293, 566
469,160
150, 732
275, 477
292,118
336,870
1931
1963
1964
2065
2094
250,000
150,000
100,000
100,000
150,000
4,837,161
1,551,058
943,018
1,217,323
1,744,184
2,596, 207
778,182
462,830
628,040
939,148
122,995
54, 367
75, 409
80,519
95,894
142,488
80,025
38, 807
48,984
97,114
135,481
35,981
53.072
59,837
2145
2366
2413
200,000
100,000
125,000
1,920,697
1,843, 316
1,476,956
1,012,212
1,186, 111
833,008
155, 693
72,950
80, 326
133,682
78,888
168,176
74, 288
59, 219
2417
130,000
1,450,515
941,250
80,458
87,882
46,703
2418
2524
50,000
1,750,000
565,075
30,881,868
318, 696
18,259,288
28, 211
801,721
33,101
1,500,503
200,000
1,929,8C8
1,157,241
127,739
79,774
97,013
100,000
50,000
150.000
300,000
710,207
22,343
665,631
1, 564,676
4,466,873
910,105
314,837
365,824
42,597
8,884
79,976
199,153
31,427
62, 575
47,932
863,721
97,977
1,774
60.118
108, 510
166,778
60,708
33,414
38,923
52,966
136,528
501,499
74,663
33,821
6,910
2617
2676
2677
2679
2683
2755
2764
2770
2816
2828
2831
2840
16 $460,000
28,007
2,847,010
2713
2738
2775
2776
2777
2822
2836
2858
100,000
75,000
2,250,000
1,115,801
120,008
1,456,995
2,878,292
6,075,928
1,390, 283
601,097
4,156,090
1907
1980
2080
2093
2095
2108
100,000
200,000
75,000
500,000
400,000
125,000
1,815,218
3, 615,393
881,476
5,653,662
6,603, 413
1,410,471
964,226
1,767,909
473,997
3,424,046
3,729,332
826,899
52,494
79,319
47,352
427, 274
188,529
86,923
61,812
146.317
36j 952
225, 598
212,432
74,934
57, 326
241,224
40,634
256, 542
429,661
52, 225
2442
100,000
1,821, 521
1,150,650
26, 859
51, 543
78,480
Footnotes at end of table, pp 428 and 429.
REPOBT OF THE COMPTROLLER OF THE CURRENCY
323
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 1939—Continued
Disposition of proceeds
of liquidation—
Progress of liquidation to date of this report—Continued
Total collections from all
sources including offsets
allowed and
unpaid balance
R. F. C. or
bank loan
Loss on
assets compounded or
sold under
order of
court
$1,009,160
1,136,860
914, 562
812, 776
1, 905, 684
1,100,453
657, 052
743,811
485,137
760, 938
1, 797,105
515,855
1,388,120
$179,208
107,343
88, 469
161,421
88,082
134, 223
114,180
481, 392
96, 347
205,063
147,079
503, 737
526, 452
$144,917
2,983, 698
1,137,154
162, 208
2,889,667
81, 263
600, 296
86, 683
126,820
144,964
172,679
230, 521
356,835
1,326,737
330,048
410,746
335, 667
3,237, 580
5,173,991
2, 496,443
615, 568
588,. 138
404,144
3,170,986
1,0i8,055
613,027
810. 615
1,191,993
1, 416, 407
1,467,031
1,060,053
Book value
of remaining
uncollected
assets
128,369
Book value
Book value
of remaining
of assets
uncollected
returned to
stock
shareholders'
assessment
agents
$17,966
20,380
57, 794
62,220
Conservators' distributions—
To
secured
creditors
2 $221,901
2 390, 567
2 293,420
2 401,196
2 603, 653
$146,862
282,866
239,401
78,494
473,888
470, 647
54,725
28,325
28,696
26, 709
20, 311
60,157
61, 708
13, 607
To
unsecured
creditors
2 212,390
2134,443
2133,993
2 352,087
2139,682
140) 472
2
90,911
27, 313
30, 536
57, 565
27, 520
337,162
2 181,232
2616
2617
2676
2677
2679
2683
2755
2764
2770
2816
2828
2831
2840
2848
2892
2912
2924
2933
18,984
10,977
1479
1513
1,014,095
236,929
1,083,984
55,347
68,713
201,609
1771
1800
1896
203,229
81,426
344,207
436,211
323,394
1,478,429
405,969
271,805
127,005
95,633
24,591
19,481
54,106
1931
1963
1964
2065
2094
260,039
333, 649
235,065
280,269
149,269
224,664
44,307
27,050
36,062
2145
2366
2413
1,156, 293
105, 273
227,289
49, 542
2417
408,015
23,868, 522
168,372
660,326
7,365,244
21.789
948,279
2 4,363, 554
2418
2524
1,461, 767
307,161
168,453
72, 261
2 286, 286
2599
882, 208
33,001
858,691
2,008,867
5,135,150
1,108,051
430,004
1,275,378
239, 870
28, 274
205, 760
342. 835
416; 451
218, 201
107,340
1, 532, 621
34, 297
19,391
382, 638
534,253
691,105
87, 314
70,099
735
57,403
41,116
70,024
100,847
2 261,080
2 705,231
21,064,009
2 319, 608
2713
2738
2775
2776
2777
2822
2836
2858
1,135. 858
2,234; 769
598, 935
4,333, 460
4, 559,954
1,040, 981
693, 666
639,010
291,845
1, 473, 074
760, 557
406,347
1, 307, 532
492, 391
767, 250
1, 283,863
37, 425
27,068
1,386, 279
2 $34,422
47, 506
120,681
27,648
72, 726
211, 471
38,077
73,141
1907
1980
2080
2093
2095
2108
2 306,892
2442
324
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31, 1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiDisposition of proceeds of liquidation—Continued
Dividends paid by
receivers
On
secured
claims
On
unsecured
claims
Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed
Cash advanced in
protection
of assets
$472,383
322,715
397,461
160,851
738,534
855,354
116,949
345, 610
165, 615
228,015
806,492
88,113
626,846
$191,979
346,123
131,519
178,929
405,456
127,128
207,600
326,882
159,150
328,564
515,449
201,229
607, 556
$5,135
9,212
2,107
10,457
60,671
104
1,088,791
236. 733
16, 395
589, 273
Conservators'
salaries,
legal and
other
expenses
Receivers'
salaries,
legal and
other
expenses
2,762
22,333
1,548
30,270
$12,370
18, 570
14,327
12 200
19,373
9,342
22,046
16,996
8 018
20, 511
30,035
19,161
28,963
$52,428
45, 313
72,877
35,977
53, 227
61,488
36, 715
51, 581
17,911
47,093
69, 372
47, 744
77,229
1,337,015
593,040
91,333
2,092,133
56, 715
11,703
22,850
59 784
31,549
17,031
66,217
112,963
42, 714
12, 326
75, 289
2,986
996,65£
164,665
204,191
117,049
19,479
4,096
106,409
44,238
\m
347,588
1,832,304
1 4,155,426
561,935
864,172
532,8,90
1,312,880
41,050
44,817
77,081
291,490
205, 537
183,4218
1931
1963
1964
2065
2094
44,100
9,576
1,636
59,14'2
766
880,380
518,044
372, 216
300,869
695,415
1,943,078
379,869
152,456
347,634
355,658
23,330
14,864
7,605
5,189
22,48-2
171, 733
99,719
79,114
97,781
108,163
2145
2366
2413
29,136
20,049
11,321
474,042
631,426
496,281
822,020
703,837
400,279
2,897
'488
18,767
15,219
7,439
80,328
73,136
92,414
708,247
318,754
12,809
8,184
76,979
109,340
5,120,177
243,884
12,164,737
6,027
560,012
5,900
186,884
33, 541
1,151, 574
53,836
2616
2617
2676
2677
2679
2683
2755
2764
2770
2816
2828
2831
2840
2848
2892
2912
2924
2933
$1,805
61,352
280
42,154
21,562
1479
1513
1771
1)81)0
2417
2418
2524
9,323
255,257
2,462
2599
16,156
472,231
523,763
1,994
25,587
2713
2738
2775
2776
2777
2822
2836
2858
3 240,368
3 234,696
1,462
191,400
579,303
835,063
2(23,098
180,938
1,171,968
318,690
24 105
271,833
470,730
2,977,830
440,079
190,103
13,998
10,675
159
17,822
30, 598
69,545
26, 594
11,481
19.07
1980
2080
2093
2095
2108
1,422
51,920
785, 573
849,895
374,123
2,174,109
2,417,826
561,136
241,107
1,084,319
166,597
1,764,014
1,906,718
366,911
19,580
12,554
145,681
786,115
3,682
2,747
49,855
2442
Footnotes at end of toble,
pp. 428 and 429.
8,866
9,526
15,265
1,276
47
23,271
8*737
53,437
63,695
97, 534
42,418
25, 215
65, 762
4,621
83, 555
152,415
58,215
201,979
216,489
62,358
12,738
52,424
15,282
340
721
325
REPORT OP THE COMPTROLLER OF THE CURRENCY
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 81, 1989—Continued
Disposition of proceeds of
liquidation—C ontinued
Cash in hands
of
Comptroller
and
receivers
Amount returned to
shareholders
in cash
$52,964
$4,360
1,046
13,166
24, 770
47,037
1,337
18, 378
17, 256
Amount of
claims
proved
$766,345
651,995
621,243
637,201
1,228,209
853,495
364,450
532, 548
278, 218
381,664
1,037, 781
569,593
1,249,657
Dividend
(percent)
390
3 100
3 100
3 100
3 100
100
3 100
64.95
3 100
3 94.85
3 100
3 40
50
1,508, 700
723, 334
284,937
841, 752
115, 238
394
3 57.5
20.548
70
18.711
1,048,011
322,240
95.1
51.1
208,564
235,321
13, 531
2,384,366
4,361,020
1,910, 267
76.667
3 94
47.5
108,365
25,983
9,510
1, 721, 954
639,388
435,877
653, 971
1,025,454
51.5
80.667
85.77
55.05
67.667
7,984
22,876
33, 552
536,856
782,726
706,157
88
80
70
31,320
736,236
96
66,327
172,225
11,651,848
81,914
836, 492
36, 280
29,036
49,724
37,106
54,253
112,615
75,904
54,978
22.220
379
83,666
178,076
18,581
538,475
35,071
749,359
1,433,197
1,804,574
651,667
233,350
3,014,309
Interest
dividend
(percent)
Date finally
closed
«9.4
Sept. 1,1939
•11.5
May 25,1939
6.5
8 9.28 Apr. 20,1939
6 7.2
6 7.85
•11.64
2616
2617
2676
2677
2679
2683
2755
2764
2770
2816
2828
2831
2840
Aug.
June
Mar.
June
Mar.
10,1939
30,1939
25,1939
28,1939
30,1939
Mar.
9,1939
Aug.
29,1939
2848
2892
2912
2924
2933
Oct. 27,1939
Mar. 29,1939
1479
1513
1771
1800
1896
Jan. 31,1939
July 17,1939
1931
1963
1964
2065
2094
2145
2366
2413
2417
68.9
3 85
July 18,1939
2418
2524
»90
2599
3 88
2713
2738
2775
2776
2777
2822
2836
2858
3 60
3 89
3 100
3 83
77
38.88
1,312,380
1,861,468
543,784
2,717,399
3,401,790
671, 714
59.967
53
68.8
80
71
90.96
768,767
3 58. 87
5
Jan. 14,1939
1907
1980
2080
2093
2095
2108
Am.
2442
Apr.
4,1939
Apr. 21,1939
22,1939
326
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiFailure
Organization
Name and location of banks
Charter
No.
T>af ex
JL>ai6
Capital
stock at
date of
failure
Date receiver
appointed
IOWA—continued
2507
2699
2808
First National Bank, Dunkerton 7
Cedar Rapids National Bank, Cedar
Rapids.i •
First National Bank, Council Bluffs 7
6722
3643
Apr. 1,1903
Feb. 28,1887
$40,000
600,000
Oct. 31,1933
Jan. 23,1934
1479
June
1,1865
300,000
Apr. 20,1934
5705
Jan. 31,1901
50,000
Feb. 20,1932
KANSAS
1985
Citizens National Bank, Great Bend
KENTUCKY
1424
1775
1936
2044
2306
2575
2768
2947
National Bank of Kentucky, Louisville
City National Bank, Paducah..
_
Bell National Bank, Pineville
Henderson National Bank, Henderson.
Citizens National Bank, Richmond *8
First National Bank, Murray 7_ __
First National Bank, Dawson Springs 7
The Taylor National Bank, Campbellsvffle.*o<
2353
2428
2.642
2735
2820
2934
First National Bank, Oberlin 7
Madison National Bank, Tallulah77_
First National Bank in Gibsland
Macon Ridge National Bank,
Delhi 7
First National Bank, Elton 7
Commercial National Bank, Shreveport»__.
2342
2536
2537
2545
2636
2660
2667
2670
2671
2685
2709
2867
Rockland National Bank, Rockland 7
First National Bank, Portland 7
. 7
Peoples-Ticonic National Bank, Waterville
.
Presque Isle National Bank, Presque Isle77__
National Shoe & Leather Bank, Auburn
.
.
Pittsfield National Bank, Pittsfield 7__
Fort Fairfield National Bank, Fort Fairfield
Calais National Bank, Calais 7_ 7
_
Farmers National Bank, Houlton7 ___
Caribou National Bank, Caribou 7_
___
First National Bank, Van Buren __
Ticonic National Bank, Waterville i
1701
2304
2581
2649
2824
2845
First National Bank, Hagerstown .
7
Citizens National Bank, Frostburg
__ .
Garrett National Bank, Oakland 7 •
First National Bank, Hancock 7^
_
First National Bank, Midland 7
First National Bank, Frostburg ___
5312
2093
7215
1615
7653
10779
11548
6342
Apr.
Jan.
Mar.
Nov.
Feb.
Aug.
Nov.
July
23,1900
14,1873
28,1904
21,1865
8,1905
3,1915
21,1919
17,1902
4,000,000
300,000
100,000
200,000
100,000
100,000
40,000
100,000
Nov.
Oct.
Jan.
June
June
Nov.
Mar.
Aug.
17,1930
28,1931
28,1932
11,1932
26,1933
23,1933
14,1934
24,1937
11324
12923
13169
10912
11541
3600
Mar.
Feb.
Jan.
Sept.
Nov.
Nov.
11,1919
19,1926
16,1928
11,1916
13,1919
18,1886
25,000
50,000
25,000
25,000
50,000
1,000,000
Aug.
Oct.
Dec.
Feb.
May
Feb.
23,1933
4,1933
21,1933
21,1934
2,1934
21,1936
LOUISIANA
MAINE
1446 June 24,1865
221 Jan. 4,1864
880 Jan. 28,1865
3827 Aug. 15,1887
2270 May 24,1875
4188 Oct. 15,1889
4781 May 23,1892
1425 May 30,1865
4252 Jan. 27,1890
6190 Feb. 12,1902
10628 June 9,1914
762 Jan. 3,1865
150,000 Aug. 18,1933
600,000 Nov. 6,1933
300,000
do
100,000 Nov. 7,1933
200,000 Dec. 19,1933
50,000 Jan. 3,1934
200,000 Jan. 8,1934
100,000 Jan. 9,1934
50,000
do
100,000 Jan. 15,1934
75,000 Jan. 31,1934
200,000 June 28,1934
MAEYLAND
1431
4926
6588
7859
5331
4149
May
May
Jan.
July
Apr.
Oct.
2,1865
24,1893
15,1903
21,1905
24,1900
30,1889
150,000
50,000
100,000
30,000
25,000
50,000
12336
11903
12362
12343
2172
708
589
572
643
Mar.
Dec.
Apr.
Mar.
Mar.
Dec.
Nov.
Oct.
Nov.
19,1923
21,1920
16,1923
30,1923
6,1874
15,1864
7,1864
25,1864
28,1864
2,005, 585
1,000,000
200,000
200,000
100,000
150, 000
100,000
50,000
8,950,000
Oct. 5,1931
June 8,1933
Dec. 5,1933
Dec. 28,1933
May 9,1934
June 4,1934
MASSACHUSETTS
1848 Federal National Bank, Boston
1861 Boston-Continental National Bank, Boston
1867 State National Bank in Lynn
1946 Middlesex National Bank, Lowell
2323 Athol National Bank, Athol 7
7
2326 Millers River National Bank, Athol
2358 Essex National Bank, Haverhill 7 7
2618 Millbury National Bank, Millbury
2935 Atlantic National Bank, Boston i
Footnotes at end of table, pp. 428 and 429.
Dec.
Dec.
Dec.
Feb.
Aug.
Aug.
Aug.
Dec.
Mar.
15,1931'
22,1931
23,1931
3,1932
3,1933
4,1933
29,1933
13,1933
18,1936
327
REPORT OF THE COMPTROLLER OF THE CURRENCY
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 1939—Continued
Circulation
Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure
Total deposits at
date of
failure
Total liabilities established to
date of
report
Lawful
money
deposited
to retire
Assets and assessments
Outstanding at
date of
failure
Book value
of assets
at date of
failure
Additional
assets received
since date
of failure
$60,438
1,608,526
$315,152
$379, 235
1,783,791
$40,000
$40,000
$441,828
2,053,026
$23, 725 2507"
184,428 2699'
443,894
2,003,362
2,489,411
200,000
200,000
2,964,638
296,991
280&
72,143
287, 205
363.054
49,340
49,340
445, 297
16,843
1985
7,083,021
1,022,100
24,500
236,900
61,129
146,493
26,966,990
4,487,975
464, 511
1,032,681
522,928
922,431
236,144
1,479,121
34,359, 211
6,000,672
489,697
1,277, 747
595,101
1,084,911
331,488
1,543,101
151,993
153,987
87, 218
137, 404
64,000
165, 334
307, 710
104, 698
223,976
79,119
3,476,676
4, 373,399
6, 647, 208
5,976,675
2,498,106
3, 243, 788
1,991,189
1,092,787
1, 760, 092
742,161
1,131,645
269,084
451, 318
230, 539
96, 715
185,486
40, 614
333, 870
1,665,386
1,145,060
122,336
114, 210
267, 053
221, 521
6,824
77,191
11,376,213
82,492
50,000
9,093
143,159
15,213
73,844
12, 619
3,261,929
31,896
152,109
788,461
408,081
101, 743
760, 769
189,710
825,839
257, 350
567, 633
2,500,000
300,000
95,980
2,500,000
300,000
95,980
67,380
100,000
40,000
67,380
100,000
40,000
40,000
40,000
~25,~666'
4,426, 560
13,512,063
6,172, 588
3, 313, 321
3, 715, 364
2, 111, 262
1,879, 575
1,760, 677
948,001
1,989,414
548,129
567,932
2, 317,176
1,138,028
834,893
501,020
234,277
1,218, 519
24,452, 825
5, 489,940
2,061,948
4, 842, 072
1, 383, 568
1,184, 111
2,375, 863
617,449
40,301,411
6,109,945
583,644
1,533,501
685,331
1,182,555
374, 521
1,651,199
4,157,367
925,964
48,862
123,529
247,021
7,762
10,118
142,086
1424
1775
1936
2044
2306
2575
2768
2947
~25.~666~
189,061
344,975
127,964
241,967
126,861
4,979,086
12,034
1,886
11,901
15, 721
6,772
54, 228
2353
2428
2642
2735
2820
2934
149,100
596, 700
300,000
12, 500
200,000
50,000
12, 500
49,400
25,000
12,500
12,500
149,100
596, 700
300,000
12,500
200,000
50,000
12,500
49,400
25,000
12, 500
12, 500
4, 786, 708
7, 716,466
6,976,146
3, 602,345
4,158,941
2, 378,762
2,139,000
1,978,964
1,082,053
2,101,074
640,942
747,186
13, 643
325,312
110, 786
22,060
100, 369
51,866
108,075
45,175
63,864
81,818
45,879
172,104
2342
2536
2537
2545
2636
2660
2667
2670
2671
2685
2709
2867
2, 782,919
1,400,962
938, 559
695, 472
282,139
1, 796, 842
148,080
49,580
98,917
29,700
25,000
49,050
148,080
49, 580
98,917
29, 700
25,000
49,050
3,289,072
1, 558,256
1,099,173
724, 405
307, 211
1, 686,718
268,709
48,834
388
35, 755
858
91,839
1701
2304
2581
2649
2824
2845
26,999, 688
6,946, 705
2,201, 753
4,962, 749
1, 666, 318
1,439,177
2,417, 848
701,877
11, 764, 568
1, 500,000
894, 520
1, 500,000
894, 520
176,960
99, 200
150,000
100,000
50,000
176,960
99,200
150.000
100.000
50,000
28, 630, 660
7, 803,128
2, 445, 820
5,198, 605
1,878,162
1, 634,067
2, 705,916
771,495
29,580,801
1,147, 723
495, 204
77, 310
61.172
58,052
8,872
212, 365
36, 571
98.173
1848
1861
1867
1946
2323^
2326
2358
2618
2935
328
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiAssets and assessments—
Continued
Cash collections from
assets
Cash collections from
stock
$505, 553
2,837,454
$313,032
1,194,661
$35,592
526,133
3,261,629
2,342, 566
Total assess- Total assets
and stock
ment upon
shareholders assessment
2507
$40,000
600,000
Progress of liquidation to date of this report
Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.
Unpaid
balance
R. F. C.
or bank
loan
Offsets
allowed
and
settled
$22,518
120,290
$17,133
18
180,498
123,150
1985
50,000
512,140
351,154
46,247
34, 548
7,637
1424
1775
1936
2044
2306
2575
2768
2947
4,000,000
300,000
100,000
200,000
100,000
100,000
40,000
100.000
48,458,778
7,335,909
732, 506
1,857,030
1,032,352
1, 290,317
424, 639
1,893, 285
26,404, 203
3,452,172
315,031
1,043,163
516,073
744,077
268, 595
1,290,970
377,212
195, 711
66,759
144,443
78,056
61, 218
17,231
16, 250
921,704
326, 400
37,354
88,781
43,288
116,300
54,029
23,224
4,529,047
544,814
37, 538
82,997
6,386
139,124
20,371
76,835
2353
2428
2642
2735
2820
2934
25,000
50,000
25,000
25,000
50,000
226,095
396,861
164,865
282,688
183,633
5,033,314
90,994
214, 298
84,025
165,714
70,692
3,191,220
16,443
26,159
3,751
5,665
7,519
13,400
13,553
6,289
12,321
7,751
333,031
7,940
32,530
11, 726
18, 750
4,512
2342
2536
2537
2545
2636
2660
2667
2670
2671
2685
2709
2867
150,000
600,000
300,000
100,000
200,000
50,000
200,000
100,000
50,000
100> 000
75,000
200,000
4,950,351
8,641,778
7,386,932
3,724,405
4,459,310
2,480,628
2,447,075
2,124,139
1,195,917
2,282,892
761,821
1,119,290
3,732,692
5,766,868
4,604,868
2, 703,101
2,830,077
1,661,811
1,269,127
1,683,290
782,807
991,269
342,332
348,876
60,617
554, 518
102,412
83,652
94,975
45,078
97,905
22,751
24,298
71,275
25,871
73,605
253,405
225,977
292, 506
340,696
184,076
199, 504
131,923
97,704
72, 705
122,247
41, r
27,546
132,139
275,877
461,292
196,834
256,089
140,730
85,982
50, 735
48, 583
64,720
39,131
* 3,693
1701
2304
2581
2649
2824
2845
150,000
50,000
100,000
30,000!
25,000
50,000
3,707,781
1,657,090
1,199,561
790,160
333,069
1,828, 557
1,824,628
928,347
875,294
496,336
162,342
120,842
36, 599
84,213
17,492
11,763
22,100
132,584
58,367
68,523
27,605
20,433
161,344
45,532
21,465
30,738
16,319
82,833
1848
1861
1867
1946
2323
2326
2358
2618
2935
2,005,585
1,000,000
200,000
200,000
100,000
150,000
100,000
50,000
8,950,000
31,783,968
9,298,332
2,723,130
5,459,777
2,036,214
1,792,939
3,018, 281
858,066
38,628,974
12,156,680
3,294,633
1,532,598
2,638,189
1,289,318
1,087,539
2,206,025
620,192
10,507,630
460,781
249,206
31,464
23,422
77,133
135,495
75,123
31,666
902,060
1,634,466
165,644
159,581
246,690
108,853
80,987
101,414
50,908
398,522
2,176,403
1,222,779
142,614
146,530
61, 235
73,386
127,780
20,952
Footnotes at end of table, pp. 428 and 429.
REPORT OF THE COMPTROLLER OF THE CURRENCY
329
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 81, 1989—Continued
Disposition of proceeds
of liquidation—
Progress of liquidation to date of this report—Continued
Total collecLoss on
tions from all
sources includ- assets compounded or
ing offsets
sold under
allowed and
unpaid balance
order of
E. F. C. or
court
bank loan
$388. 275
1, 841,102
2, 646, 214
$135,388
396, 627
439, 586
103,349
337, 810
value Book value
Book value Book
remaining
of assets
of remaining ofuncollected
returned to
uncollected
stock
shareholders'
agents
$4,408
73,867
2, 407,834
1, 311. 704
279,937
530, 870
399,309
93, 709
95, 673
20, 713
11,117,694
1,727,219
128, 777
286, 540
105, 791
202,450
90,474
3, 524,251
49,087
100,033
43,991
73,224
58,429
891, 248
53,074
4,178,853
6, 823,240
5,461,078
3, 324, 283
3, 365, 217
2, 047,123
1, 584,937
1, 854,480
1,249, 511
448,423
453, 720
738,191
844,733
1,006,184
305,410
1,173,144
628,087
259,221
290,114
89,129
250,010
116,909
566, 721
2,239,398
1,068, 845
1, 049,495
572,171
210,857
1,028,144
680,916
218,205
178,089
221,627
18,892
127,120
16,428,330
4,932,262
1,866,257
3,054,831
1, 536,539
1,377,407
2, 510,342
723, 718
11,808,212
5,306,278
1,647,974
509,088
1,446,859
585,661
482,014
258,310
166, 922
19,161,709
10, 584
213,407
"404," 767'
123*
To
secured
creditors
To
unsecured
creditors
2507
2699
$646,148
$458,103
32,232,166
4,519,097
456, 682
1, 359,384
643, 803
1,060, 719
360, 226
1. 407, 279
Conservators' distributions—
2 $785,142 2808
3,753
1985
3,622,788
104, 289
33, 241
55, 557
21,944
38,782
22, 769
83,750
1424
1775
1936
2044
2306
2575
2768
2947
8,557
23,841
21, 249
19,335
42,481
2353
2428
2642
2735
2820
2934
950,846
197,329
1,154,300
1,014,588
419,060
632,745
225,398
876,893
188,449
415,006
11,459
110,516
742,275
10,139,022
2,132,946
338,830
1,028,199
326,166
"'"9,"635"
2 2,098,171
2 3,164,414
2 2,425,058
2 910,188
21,485,735
2 645,125
2 410,975
2 1,272,357
2 241,128
89,383
45,482
197,588
16, 348
105,025
4,922
102,095
77,249
25, 702
28,725
49,129
126,395
29,158
13,401
15,787
12,508
13,237
27,900
1,544,804
750,794
168,536
176,578
22,867
14,505
24,877
18,334
8,047,940
24,713
2342
2536
2537
2545
2636
2660
2667
2670
2671
2685
2709
2867
1701
2 423,843 2304
2 480,999 2581
2188,387 2649
2824
2845
1848
1861
1867
1946
2 324,395 2323
2 269,877 2326
21,398,231 2358
2 30,142 2618
2$301,116
2935
330
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31/1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiDisposition of proceeds of liquidation—Continued
Dividends paid by
receivers
On
secured
claims
2507
2699
On
unsecured
claims
$274,933
$496,818
Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed
Cash advanced in
protection
of assets
$84,015
1,286,974
$128
Conservators'
salaries,
legal and
other
expenses
Receivers'
salaries,
legal and
other
expenses
$2,988
$26,339
35,050
32,318
82,363
2808
645,262
1,035,693
32,293
1985
287,136
102,962
4,230
45, 258
316,615,295
1,877,034
318,390
3 894,997
506,004
642,979
199,227
559, 288
12,117,756
1,990,833
67,193
378,024
67,799
341,447
122,529
680,083
188,223
5,583
4,904
315
1,500
44
510
2,009
10,341
6,526
4,406
2,201,860
281,849
65, 725
85,607
55,354
58,096
31,434
37, 895
27,132
14, 267
41,136
36, 276
46,580
62,928
50, 603
1,792
3,123
1,788
4,789
3,282
8,087
1,102
34,155
191,283
36,985
104, 202
18,958
3,360,860
1424
1775
1936
2044
2306
2575
2768
2947
2353
2428
2642
2735
2820
2934
238,540
470
3441
83, 230
1, 601,451
2,929, 204
1,912,742
1,058,468
1,023, 083
1. 059, 735
163, 313
487,090
346,457
212,343
57,046
237, 656
278, 641
742,835
989, 740
711,393
250,361
847, 208
51,635
238,294
751,875
305,008
285,155
4,648
95
45,993
985
1, 329, 046
215,589
398,476
71,045
97, 496
316,110
654,951
331,358
118,261
225,133
64, 433
517,495
22, 821
2,107
1848
9, 848,509
4,859, 714
1861
219,012
1, 782,124
2,281,284
1867
1,345, 248
270,030
1946
272,425
2,480, 556
2323
731, 218
347,347
2326
703, 228
329,947
2358
768, 310
236,385
2618
252,365
98,334
2935
791,387
11,871
10,961,309
Footnotes at end of table, pp. 428 and 429.
82,056
127
49,462
15,194
2342
2536
2537
2545
2636
2660
2667
2670
2671
2685
2709
2867
1701
2304
2581
2649
2824
2845
3,135
117,136
4,730
67, 611
107
2,912
304
2,420
4,091
812
1,599
4,473
32, 861
2,602
1,298
22, 325
29, 621
20,019
24,110
13,976
79, 837
42,168
27,152
24,340
45, 687
15,526
18,956
3,946
14,104
18, 527
8,634
S6, 233
163,949
172,306
199,987
99,319
76, 269
132,968
39,148
60,084
104,870
48,949
36, 399
4,591
11, 271
9,538
7,124
25,197
135, 817
69, 398
26,009
35,018
20,164
60,998
7,189
7,586
13, 681
6,786
1,221,985
402,648
130, 815
218, 588
72, 702
66, 769
70, 589
33, 677
43,181
REPORT OF THE COMPTROLLER OF THE CURRENCY
331
dates of
of.„ receivers and final closing, with nominal
_, organization,
_.o
., appointment
-Lt ..
assessments, amounts collected from allalli sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 31, 1939—Continued
Disposition of proceeds of
liquidation—Continued
Cash in hands
of
Comptroller
and
receivers
Amount returned to
shareholders
in cash
$22,132
Amount of
claims
proved
$295,522
1,608,539
$33,143
Dividend
(percent)
93. 033
13 22.924
Interest
dividend
(percent)
13 7.9623
D a t e finally
closed
M a y 17,1939
M a y 10,1939
2507
2699
3 100
1,430,323
2808
100
U1.42
Dec. 29,1938
257, 706
1,109,032
125, 258
13,146
7,812
123, 598
6,590
2,577
1985
21, 494,864
4,046,881
420, 217
894,454
525,785
738,512
209,052
860, 445
3 77
50
75.88
3 100
96
87
95.3
65
140, 619
132, 564
64, 510
119,408
59, 431
45
45.9
62.5
52.7
87
6.11
Aug. 24,1939
J u l y 20,1939
N o v . 19,1938
M a y 13,1939
Nov. i8,1938
Dec. 20,1938
324
133,996
244, 769
131,857
140, 575
8,605
25,906
40,669
23, 244
64, 555
96, 763
21, 959
14, 479
41, 451
17,167
75, 483
416, 066
247, 067
70, 702
68, 068
53, 688
20,544
464
205927—40
4, 204,029
6, 396, 598
5, 403, 756
2, 315,180
3, 011, 425
1, 858, 968
1. 020, 339
1, 704, 394
706, 210
1, 637, 699
236, 973
567, 633
3 88
3 95
3 80
3 85
3 83. 31
3 91. 71
3 56
3 100
3 83
20
22.5
11
2, 091, 376
1, 065, 644
816, 900
468, 939
216, 630
1,263 618
63
3 60
3 100
3 55
45
25
21, 867, 948
4, 390, 717
1, 920, 655
4, 680, 391
1, 317, 318
1,109,710
2,166, 541
605, 211
11, 333, 438
45
40
70
53
3 80
3 87. 69
3 100
3 96. 433
100
J a n . 28,1939
9(ept. 30,1939
6 3.23
Oct. 26,1939
« 7.66
Aug. 14,1939
Sept. 8,1939
Jan.
28,1939
1424
1775
1936
2044
2306
2575
2768
2947
2353
2428
2642
2735
2820
2934
2342
2536
2537
2545
2636
2660
2667
Z670
2671
2685
2709
2867
1701
2304
2581
2649
2824
2845
1848
1861
1867
1946
2323
2326
2358
2618
2935
332
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31, 1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiOrganization
Name and location of banks
Charter
No.
Date
Failure
Capital
stock at
date of
failure
Date receiver
appointed
MICHIGAN
1603
1622
1690
1702
1872
2oao
2034
2^33
2234
2298
2299
2356
2381
2392
2397
2446
2456
2477
25.42
2582
2611
2646
2651
2749
2762
2766
2791
2864
2896
2897
First National Bank,St. Clair Shores
Firsyt National Bank, Royal Oak-...
Commercial National Bank & Trust Co.,
St. Joseph.
First National Bank, Reed Ctfty
American National Bank & Trust Co.,
Benton Harbor.
United States National Bank, Iron Mountain.
Baraga County National Bank, L'Anse
Liberty National Bank, Marine City
First National Bank, Algonac
Guardian National Bank of Commerce,
Detroit.7
First National Bank, Detroit 7
Union & Peoples National Bank,7 Jackson 7.
First National Bank at Pontiac
City National Bank & Trust Co., Niles 7__.
Grand7 Rapids National Bank, Grand Rapids.
Citizens National Bank, Romeo 7 7
First National Bank, Birmingham
First National Bank, Ypsilanti 7 7
First National Bank, Richmond
7
National Bank of Commerce, Adrian
First National Bank, Rochester 77
First National Bank, Paw Paw __7
First National Bank, Wyandotte
First National Bank & Trust Co. at Flint 7 .
First National
Bank & Trust Co., Ludington.7
Capitol National Bank, Lansing7 7
First National Bank, Hillsdale
National Bank of Ionia 7
Crystal Falls National Bank, Crystal Falls 7 .
Iron County National Bank, Crystal Falls 7 .
12661
12657
5594
Feb. 16,1925
Feb. 26,1955
Sept. 15,1900
$50,000 June 17,1931
150,000 July 3,1931
200,000 Sept. 28,1931
* 4413 Aug. 26,1890
10143 Feb. 5,1912
100,000
200,000
Oct. 5,1931
Dec. 29,1931
Jan. 15,192,1
100,000
May 24,1932
11929
9509 July 21,1909
11260 Oct. 7,191£
12944 Feb. 24,1926
8703 Apr. 24,1907
50,000 June 2,1932
50,000 Jan. 17,1933
30,000 . . . - d o
10,000,000 May 11,1933
10527 Apr. 22,1914
1533 June 28,1865
13600 Feb. 26,1922
13307 Mar. 21,1929
3293 Jan. 2,1885
25,000,000 ..—do
700,000 Aug. 24,1933
500,000 Sept. 13,1933
150,000 Sept. 18,1933
1,000,000 Sept. 25,1933
19,1874
7,1910
25,1863
24,1915
10,1909
2,1908
29,1865
14,1924
13,1917
28,1882
50,000
200,000
150,000
50,000
100,000
100,000
75; 000
150,000
400,000
100,000
Oct. 12,1933
Oct. 14,1933
Oct. 26,1933
Nov. 6,1933
Dec. 5,1933
Dec. 12,1933
Dec. 28,1933
do
8148 Jan. 16,1906
168 Dec. 18,1863
5789 Apr. 9,1901
11547 Nov. 20,1919
7525 Dec. 15,1904
600,000
100,000
150,000
50,000
100,000
Mar. 13,1934
Apr. 3,1934
June 26,1934
Oct. 10,1934
do—.....
4928 May 29,1893
9457 May 10,1909
1863 July 18,1871
6279 May 8,1902
75,000
25,000
80,000
55,000
Apr. 2.1904
June 5,1931
Apr. 30,1924
250,000
400,000
100,000
Dec. 27,1930
Dec. 3,1931
July 1,1933
5,1928
5,1922
600,000
700,000
Aug. 19,1933
Mar. 19,1934
9899 Nov. 9,1910
9520 July 12,1909
9759 Mar. 23,1910
12542 May 7,1924
11492 Oct. 3,1919
100,000
25,000
75,000
100,000
25,000
Oct. 25,1932
Oct. 25,1933
do
Dec. 5,1933
July 19,1934
May 23,1881
May 9,1885
Aug. 2,1892
200,000
50,000
50,000
Oct. 13,1931
Dec. 14,1931
July 25,1935
2186
9874
155
10742
9421
9218
1521
12616
10997
2773
Aug.
Sept.
Nov.
May
May
June
May
June
Apr.
Aug.
Feb. 27,1934
Mar. 8,1934
MINNESOTA
1027 National Farmers Bank, Owatonna
2598 Farmers National Bank, Hendricks7 7
2881 Citizens National Bank, Faribault
2953 First National Bank, Preston <___
Sept.
Dec.
Aug.
Jan.
10,1926
8,1933
14,1934
6,1939
MISSISSIPPI
1477
1828
2307
First National Bank, Greenwood---.
First National Bank in Gulfport
Britton & Koontz National Bank, Natdhez 7 .
2346
2772
South Side National Bank, St. Louis 7
Grand National Bank, St. Louis 7_
2163
2471
2472
2585
2875
United States National Bank,
Deer Lodge.
First National Bank, Valier 7
First National Bank, Conrad7 ^
National Bank of Anaconda
First National Bank, Lima * i<L._
7216
13553
12537
MISSOURI
13264 Dec.
12220 June
MONTANA
NEBRASKA
1728 First National Bank, Hastings
1844 West Point National Bank, Westpoint____
2928 First National Bank, Pender*«
Footnotes at end of table, pp. 428 and 429.
2528
3340
4791
333
REPORT OF THE COMPTROLLER OF THE CURRENCY
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 1939—Continued
Circulation
Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure
Total deposits at
date of
failure
Total liabilities established to
date of
report
Lawful
money
deposited
to retire
Assets and assessments
Outstanding at
date of
failure
3887766'
$676,110
743,053
2,720,900
$687,294
780,172
3,152,323
$30,000
47,360
147,360
$30,000
47,360
147,360
68,482
420, 500
1,184, 725
1,692,239
1,266,835
2,128,994
50,000
197,420
$10,000
Book value
of assets
at date of
failure
Additional
assets received
since date
of failure
$88,649
131,943
510,755
1603
1622
1690
50,000
197,420
$687,015
880,299
3,488,709
1, 537,296
2,411,707
235,997
92,636
94,455
463,480
563,112
100,000
100,000
709,059
28,999
1702
1872
2030
108,947
97,388
63,085
105,146
404, 956
423, 629
205, 709
113,866,273
520,791
522,807
272,017
115,651, 838
6,250
34,100
19, 280
4,844, 240
6,250
34,100
19, 280
4,844,240
579,084
586,809
315.028
131,132,809
16,491
4,267
1,772
10,638,281
2034
2233
2234
2298
16, 250,000
1,919,004
25,961
232, 780
2,456, 322
398,798,006
7,621, 645
7,235,853
1, 228,306
12,838,053
417,543,233
9, 699,166
7,446,200
1,489,105
15, 389, 556
9,351,060
700,000
500,000
150, 000
500,000
9,351,060
700,000
500,000
150,000
500,000
468, 615, 208 33,831,561
10,724,075 1,019,732
8,288,805 1,148,493
1,691,119
39,542
16,721,890
570,707
2299
2356
2381
2392
2397
55, 552
255,855
27,272
119.424
290,436
49, 521
147,191
667, 224
105, 567
525,762
2, 346,905
2,300,280
768,019
682,339
1,493,812
494, 501
655,202
6,697,624
873,847
590, 020
2, 649, 761
4,485, 515
801,843
854, 300
1,824,357
549, 513
816,751
7,608,165
1,008,152
49, 640
100,000
150,000
50,000
100,000
50,000
24, 760
. 50,000
200,000
99,160
49,640
100,000
150,000
50,000
100,000
50,000
24,760
50,000
200,000
99,160
648,792
3,085,701
2, 749,861
903, 428
922,382
1,991,777
650, 565
982,985
8,451,030
1,138,404
36,803
252,821
156,492
19,730
41,612
161,435
50, 388
3,288
372,085
56,587
2446
2456
2477
2542
2582
2611
2646
2651
2749
2762
1,160, 675
123, 363
121,472
21,425
128,793
12, 446,482
766,461
1,115,091
454,817
756,213
13,726,838
907,334
1,349,128
492,868
925,922
600,000
99,600
147,700
50,000
24,700
600,000
99, 600
147,700
50,000
24, 700
16, 355, 303
1,020, 748
1,534,790
563,913
1,040,155
2,338,758
56,599
150,163
3,587
23,026
2766
2791
2864
2896
2897
81,099
182,924
379,332
1,446,671
254, 613
1,019,507
306.087
1,576, 505
449,992
1,458,831
340, 703
74,550
24,700
74, 550
24,700
1,609,658
473,172
1,400,572
310,153
172. 568
20,934
107,886
15,812
1027
2598
2881
2953
678,828
484, 213
451,913
1,454,676
3,050,178
1,516,039
2,159,825
3,652,020
2,030,381
236,380
246,100
100,000
236,380
246,100
100,000
2,624,864
4,002,716
2, 219,397
416,950
306,810
63,117
1477
1828
2307
17,401
340,729
5,476,286
1,833496
5, 530,426
2,287,500
197,500
500,000
197,500
600,000
6, 716,231
2,975,890
115,513
329,245
2346
2772
147,525
114, 807
107,020
95,181
421,439
72,103
204,812
526, 800
41,950
586,854
198, 202
330,772
632, 545
42, 639
12,500
6,500
75,000
49, 637
25,000
12,500
6,500
75,000
49,637
25,000
696,893
197, 595
395,830
753,645
65,787
93,012
12, 784
27,310
125,942
5,488
2163
2471
2472
2585
2875
456,823
268,093
41,333
1, 563,970
646, 287
204,494
2,039,013
919,064
255, 595
147,900
49,998
147,900
49,998
2,372,465
1,065,385
311,025
51,680 1728
55, 302 1844
48,783 2928
334
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiAssets and assessmentsContinued
Progress of liquidation to date of this report
Cash collections from
assets
Cash collections from
stock
assessment
Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.
Unpaid
balance
R. F. C.
or bank
loan
Offsets
allowed
and
settled
Total assessment upon
shareholders
Total assets
and stock
assessment
1603
1622
1690
$50,000
150,000
200,000
1,162,242
4,199,464
$331,188
297, 635
2,058,222
$34,304
56,340
149,005
32, 616
282,586
$157,323
130,707
203,119
1702
1872
] 00,000
200,000
1,873,293
2,704,343
690,597
1, 768, 361
184, 298
72,971
210,463
107, 539
129,513
2030
100,000
838,058
377,747
70, 503
58,592
24,021
2034
2233
2234
2298
50,000
50,000
30,000
10,000,000
645,575
641,076
346,800
151, 771,090
349,406
409,074
228» 701
94,152,110
38,408
55, 632
39,572
3,575,514
53, 210
25, 322
9,620
7,840,641
2299
2356
2381
2392
2397
25,000,000
700,000
500,000
150,000
1,000,000
527,446,769
12,443,807
9,937, 298
1,880, 661
18,292,597
329,064,926
6,315, 623
6,776,780
1,338, 937
10,414,288
36,357
39, 702
20,080
4,000,000
16,993,749
280,000
377,847
60,000
400,000
35, 891, 639
397,021
443,074
104,275
797,827
34,955, 294
828,361
233,028
81,126
$201, 500 1,056,925
2446
2456
2477
2542
2582
2611
2646
2651
2749
2762
50,000
200,000
150,000
50,000
100,000
100,000
75,000
150,000
400,000
100,000
735,595
3,538,522
3,056,353
973,158
1,063,994
2,253, 212
775, 953
1,136, 273
9,223,115
1,294,991
358,291
1, 709, 633
1,619, 562
728,268
630, 661
1,249, 479
484,024
704,897
6,252,366
672,992
14, 715
98, 568
112,838
31,209
81, 254
71,834
35,031
102,706
346,405
82,110
41, 645
119, 697
143,775
40,823
87, 963
137,026
77,071
99,812
751, 659
80, 306
2766
2791
2864
2896
2897
600,000
100,000
150,000
50,000
100,000
19,294,061
1,177,347
1,834,953
617,500
1,163,181
11,720,018
609,462
1,105,064
371,720
685, 388
240,000
48.123
60,000
39,391
31,864
930,857
39,334
129,335
48,184
77,924
1027
75,000
25,000
80,000
1,857,226
519,106
1,588,458
325,965
931,043
332,869
870,275
104,895
21,761
8,761
45, 735
76, 433
22, 214
76,289
4,019
141, 862
25,634
76,814
23,278
1477
1828
2307
250,000
400,000
100,000
3,291,814
4,709,526
2,382, 514
1, 511, 292
2,011,999
1,423, 357
109,037
259,191
50,100
120,157
109,152
120, 726
314,778
819,671
90,485
2346
2772
600,000
700,000
7,431,744
4,005,135
5,279,060
1,803,810
348, 494
90,785
309,765
124,811
134,653
241,684
2163
2471
2472
2585
2875
100,000
25,000
75,000
100,000
25,000
889,905
235,379
498,140
979,587
96,275
409,648
131,247
279, 836
556, 260
35,975
35,511
9,750
611
89,366
16,900
31,465
13,479
42,324
50,080
2,735
1,332,115
2,624,145
200,000
1728
543,415
1,170,687
50,000
1844
260,183
25,000
384,808
2928
Footnotes at end of table, pp. 423 and 429.
118,455
16,871
5,996
86,148
33, 543
10,976
2881
2953
16
« 22,400
6
196, 700
15,500
15,554
201,840
120, 760
28,254
88,163
73,245
18, 550
25, 604
399, 312
50,335
519,051
59, 586
97,037
25,804
55, 335
23,378
4,296
14,469
19,469
741
253,061
26,257
18,311
REPORT OF THE COMPTROLLER OF THE CURRENCY
335
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 1939—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 o r
bank loan
Loss on
assets compounded or
sold under
order of
court
Book value
of remaining
uncollected
assets
$578, 871
517, 298
2, 692, 932
$86, 886
291, 552
764, 385
$200, 267
292, 348
973, 738
$15,696
93, 660
50, 995
1603
1622
1690
880.103
2, 292, 635
536, 205
374, 717
438,952
231, 752
91,004
15,702
1702
530, 863
328,128
8,162
29, 497
477, 381
529, 730
297,973
109, 568, 265
112,458
156, 680
78, 479
39, 778, 339
80, 501
13, 643
10, 298
9,920
6, 000,000
2 $8,675,646
2034
2233
2234
2298
416,905, 608
7, 821,005
7, 830, 729
1, 584, 338
12, 870, 540
16, 337, 031
1, 732, 785
906, 267
226, 442
698, 217
122, 089, 518
2, 867, 038
1, 521, 223
84,156
5,123,167
8, 006, 251
420,000
122,153
90,000
600,000
2 31,577,087
2 2,153,039
2 $51,128 21, 986, 846
2 492, 736
2 5, 523,737
2299
2356
2381
2392
2397
430, 205
2,129, 738
1,996,935
828, 554
888,041
1, 553,984
614,676
933,019
7, 749, 742
885, 743
196, 003
364. 499
662, 682
166, 636
77, 753
275, 516
144, 341
147, 454
1, 318, 269
471, 664
115, 747
1, 062, 550
503, 349
35, 285
101, 432
37,162
18, 791
18, 746
28,166
39,969
47,294
53, 595
17, 890
13, 606, 626
756, 505
1, 402, 436
485, 099
850, 511
1, 624, 035
277,890
209, P75
169,976
223,180
4, 830, 957
130,409
273, 277
1,171, 099
389,478
1, 069,113
132,192
709, 321
135, 603
188, 867
2, 055, 264
3, 200, 013
1, 684, 668
1, 215, 744
1, 477, 826
493, 928
6, 071, 972
2, 261, 090
167, 417
554, 972
54, 038
108, 318
853,168
99, 278
Book value
Book value
of remaining
of assets
returned to
uncollected
shareholders'
stock
agents
assessment
360, 000
51, 877
90, 000
10, 609
68,136
Conservators' distributions—
To
secured
creditors
To
unsecured
creditors
1872
2030
2103, 504
2 8,978
2143, 727
2 2, 643,243
2 294, 786
2446
2456
2477
2542
2582
2611
2646
2651
2749
2762
2 4,360, 844
2 59, 762
2 442, 387
2 213,125
2 328, 555
2766
2791
2864
2896
2897
2 410, 517
2 635, 346
2 435, 574
2 243, 379
2 350,445
53, 239
16, 239
34, 265
1027
2598
2881
2953
140, 963
140, 809
49,900
1477
30
274, 744
1, 418, 031
508, 418
751, 223
251, 506
609, 215
2346
2772
500,002
158, 772
352, 740
715.175
56,351
209,412
28,844
34,353
126,559
34, 559
147, 467
45, 992
94,482
177, 299
64,489
15, 250
74, 389
10,634
8,100
2163
2471
2742
2585
2875
1, 789,779
620,086
295,466
838,969
551,015
23,651
81, 545
33,129
19,004
1728
1844
2928
372, 502
197, 792
57, 663
2307
336
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—-National banks in charge of receivers during year ended Oct. 31,1989,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiDisposition of proceeds of liquidation—Continued
Dividends paid by
receivers—
On
secured
claims
On
unsecured
claims
Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed
Cash advanced in
protection
of assets
Conservators'
salaries,
legal and
other
expenses
Receivers'
salaries,
legal and
other
expenses
1603
1622
1690
$10,766
10,254
$301,724
229,588
1,573,068
$176,611
142,452
731,479
$12,934
2,903
38,323
$58,679
62,686
212,984
1702
1872
2030
21,940
541,647
1,373,383
186,063
606,451
8,735
100,430
90,731
137,905
14,749
276,814
134,216
29,119
2034
7,580
163,252
125,028
76,583
21,289,782
20,571
22,024
12,169
$2,834
2234
2298
230,867
331,051
168,606
76,283,153
2299
2356
2381
2392
2397
240,618,394
953,131
2,261,892
363,866
2,295,767
80,366,710
3,492,679
2,368,824
573,686
4,176,788
36,872,164
356,445
548,394
11,837
135,474
442,673
83,550
65,660
17,200
1,081
291
2446
2456
2477
2542
2582
2611
2646
2651
2749
6,393
109,956
18,896
2766
2791
2864
2896
2897
71
32,440
6,626
52,624
68,527
194,667
43,122
51,627
40,615
3,042,106
17,384,085
569,573
527,435
76,081
625,128
62, 546
152, 000
133,876
208,793
495,142
744,469
267,648
285,536
567,931
368,526
340,787
1,891,618
353,219
84,220
665,910
351,899
74,815
238,135
399,005
160,928
329,159
2, 228, 705
163,858
43,696
133,214
56,221
6,619
12, 320
100,424
11,788
8,095
154,083
4,542,802
84,894
473, 488
162,082
157,686
2, 534, 490
453,174
332, 703
56, 385
243,725
1,343,867
553
19,333
175
24,184
265,964
14,351
45, 894
15, 043
24,917
503,188
60,010
74,215
29,311
40,762
20, 571
19,190
7,202
16,932
14,338
7,021
12,232
127,828
24, 541
65,908
106, 403
47,500
64,321
433,878
49,339
1027
2598
2881
2953
1,177
695,833
119,038
336,020
321,512
229,976
564, 566
33,921
20,159
376
27,579
4,860
26,108
133, 595
34,051
71,799
4,461
1477
1828
2307
111,685
264, 111
34,914
880,547
851,042
726,105
926,318
1,833,416
682,082
254
8,107
47,209
11,163
11,041
136,460
193,409
109,069
» 5,275,871
1,455,892
600,729
613,008
19,566
2,390
24,321
43,081
151,485
115,352
172, 966
240, 409
129,179
268, 268
220, 066
3,843
143
2,875
2,775
849
701
2,270
4,471
7,810
30,197
15, 802
32, 414
53, 426
7,836
774, 820
325, 391
80,172
20, 236
460
2346
2772
2163
2471
2472
2585
2875
29,386
1728
1844
12,916
2928
Footnotes at end of table
36,931
410,087
42, 377
884,082
238, 280
173,804
pp. 428 and 429.
683
109, 672
43, 039
22,079
REPORT OP THE COMPTROLLER OF THE CURRENCY
337
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 81, 1939—Continued
Disposition of proceeds of
liquidation—Continued
Cash in hands
of
Comptroller
and
receivers
Amount returned to
shareholders
in cash
Amount of
claims
proved
Dividend
(percent)
Interest
dividend
(percent)
Date finally
closed
$18,157
69,415
128,095
$494,198
621,381
2,398, 760
60
33
65.5
1603
1622
1690
30,987
74,466
1,076,132
1, 515,425
52
90
1702
1872
7,438
409,078
9,155
82,911
346, 246
395,994
195,146
94,215,797
9,644,495
211,507
20, 259
48,932
26, 780
335,397,924
6,142,050
5,112,875
910,456
11,145,830
21,862
38,924
37,038
497, 690
1,939,335
2,168, 031
732,142
610,904
1,412, 780
387, 600
484, 212
5,308 233
843, 537
25,831
15,438
18, 913
34, 698
217, 763
55,400
51, 321
7,790
67.5
2030
66.667
83.6
86.4
3 89.5
2034
2233
2234
2298
Mar. 3,1939
Apr. 4,1939
«80
3 50
3 85
3 93.5
3 70
2299
2356
2381
2392
2397
42
3 55
3 65
3 96.05
3 86.5
3 65
95
3 100
3 85
3 76.82
2446
2456
2477
2542
2582
2611
2646
2651
2749
2762
June 21,1939
May 11,1939
3
2766
2791
2864
2896
2897
30,682
11,093,168
566, 246
996,337
437, 369
673,912
1, 259,427
221,799
884, 237
302, 285
55.25
54.2
38
Mar. 8,1939
Mar. 21,1939
43,041
93,171
1027
2598
2881
2953
1, 315,958
1, 528,184
1,301, 251
75.4
46
55
Mar. 11,1939
38 765
74, 248
1477
1828
2307
4,918, 768
1 633 819
3 100
89
Sept. 30,1939
31 367
2346
2772
313,366
72, 568
61,555
409,132
38,789
60
100
100
26,901
8,646
7,881
22,937
17 $1,594
18,728
1,254, 502
608,225
173,826
80
3 35
3 92.5
3 87.84
3 72
Aug. 29,1939
6
7.26
55
70.55
41.3
100
5 9.25
Sept. 29,1939
M a r . 23,1939
N o v . 15,1938
2163
2471
2472
2585
2875
1728
1844
2928
338
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiOrganization
Name and location of banks
Charter
No.
.Date
Failure
Capital
stock at
date of
failure
Date receiver
appointed
NEVADA
2195
2196
Reno National Bank, Reno __ .
First National Bank, Winnemucca
2655
Public National Bank, Rochester 7
8424
3575
Oct. 20,1906
Sept. 27,1886
$700,000
200,000
11893
Oct. 28,1920
150,000
Jan.
2,1934
12946
9867
May 5,1926
Sept. 19,1910
200,000
600,000
Aug.
Aug.
8,1930
6,1931
8299
June 12,1906
150,000
Dec.
2,1931
Dec. 9,1932
Dec. 10,1932
NEW HAMPSHIRE
NEW JERSEY
1391
1642
1823
1908
1927
2045
2181
2249
2253
2281
2294
2327
2396
2451
2455
2512
2628
2640
2665
2666
2758
2765
2798
2829
2850
2853
2854
2914
2917
2922
Port Newark National Bank, Newark
National Bank of North Hudson at Union
First National Bank & Trust Co., WoodDriuge.
Citizens National Bank, Long Branch
Ocean Grove National Bank, Ocean Grove..
New Jersey National Bank & Trust Co.,
IN 6 War K.
First
National Bank,
Ocean
City
Chelsea-Second
National
Bank
& Trust Co.,
Atlantic Citv
Atlantic City National Bank, Atlantic City.
Citizens National Bank, New Brunswick...
B r o a d Street N a t i o n a l B a n k , R e d B a n k '___
Mount Holly National Bank, Mount Holly 7
Westside National Bank, West Paterson 7__
Mechanics 7 National Bank & Trust Co.,
Millville.
7
F i r s t N a t i o n a l B a n k i n A v o n - b y - t h e - S e a __
7
First National Bank, Port Norris
Orange National Bank, Orange 7 7
First National Bank, East Orange7
First National Bank, Branchville 7
Palmyra National Bank, Palmyra7
First National Bank, Lyndhurst
7
Collingswood National Bank, Collingswood
Carlstadt National Bank, Carlstadt 7
Peoples National Bank, Lakewood
"•
First National Bank, Secaucus 7
Ocean City National Bank, Ocean 7City 7
First N ational Bank in Sea Bright 7
First National Bank, Pleasantville
First National Bank, West New York 7
First National Bank, Sea Bright i
6038
5403
9912
Nov. 20,1901
Apr. 20,1900
Nov. 17,1910
150.000
100,000
2,800,000
Jan. 20,1932
Jan. 26,1932
June 11,1932
6060
5884
Oct. 23,1901
May 20,1901
300,000
600,000
Nov. 18,1932
Jan. 27,1933
2527
12468
11553
1356
12848
5208
Mar.
Aug.
Nov.
June
July
June
24,1881
7,1923
19,1919
1,1865
17,1925
6,1899
300,000
250,000
150,000
100,000
75,000
250,000
Jan.
Feb.
Apr.
Aug.
Sept.
Oct.
13560
10036
1317
12338
7364
11793
10417
7983
5416
7291
9380
12521
13552
6508
12064
5926
June
Oct.
June
Mar.
June
July
May
Nov.
May
May
Mar.
Nov.
June
Oct.
Nov.
July
29,1931
26,1910
13,1865
13,1923
20,1904
2,1920
21,1913
1,1905
21,1900
21,1904
17,1909
16,1923
2,1931
9,1902
14,1921
9,1901
50,000
100,000
500,000
200,000
50,000
50,000
100,000
100,000
100,000
150,000
100,000
100,000
50,000
100,000
300,000
50,000
do
Oct. 31,1933
Dec. 19,1933
Dec. 21,1933
Jan. 6,1934
do
Mar. 5,1934
Mar. 13,1934
Apr. 10,1934
May 14,1934
Juno 18,1934
do
do
Nov. 21,1934
Dec. 14,1934
Jan. 28,1935
12398
June 11,1923
200,000
Aug. 26,1931
12252
10788
1130
3154
4998
12773
262
2522
June 21,1922
Sept. 6,1915
Apr. 3,1865
Mar. 20,1884
May 2,1895
Dec. 2,1924
Nov. 21,1863
Mar. 12,1881
200,000
50,000
100,000
100,000
200,000
100,000
300,000
125,000
Sept.
Oct.
Oct.
Jan.
Jan.
Jan.
Feb.
May
19,1931
5,1931
12,1931
18,1932
21,1932
23,1932
27,1932
10,1932
1496
9418
13592
13062
July 3,1865
Apr. 17,1909
Jan. 15,1932
Apr. 5,1927
75,000
60.000
250.000
100,000
July
Jan.
Jan.
Feb.
11,1932
12,1933
16,1933
14,1933
30,1933
16,1933
15,1933
4,1933
22,1933
13,1933
NEW MEXICO
None
NEW YORK
Queensboro National Bank of the city of
xsew ior.K, IN. i .
1682 Rockaway Beach National Bank, New York
1704 Peoples National Bank, Pulaski
1725 National Mohawk VaUey Bank, Mohawk..
1899 Farmers National Bank. Gran ville
1913 Citizens National Bank, Albion
1922 National Bank of Rensselaer, Rensselaer
1988 First National Bank, Hornell . .._._
2023 Citizens National Bank & Trust Co.,
Hornell.
2090 Pulaski National Bank, Pulaski
2226 First National Bank, Sodus
2232 First National Bank in Mamaroneck
2277 Sunrise National Bank & Trust Co., Baldwin.
Footnotes at end of table, pp. 428 and 429.
1664
339
REPORT OF THE COMPTROLLER OF THE CURRENCY
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 81, 1989—Continued
Circulation
Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure
Total deposits at
date of
failure
Total liabilities established to
date of
report
Lawful
money
deposited
to retire
Assets and assessments
Outstanding at
date of
failure
Book value
of assets
at date of
failure
Additional
assets received
since date
of failure
$8, 209,172 $2, 399,070 2195
2,076, 871 1,074,614 2196
$3, 261, 216
204,610
$4,020, 537
1, 592,412
$7,751, 296
1, 829, 271
$665,000
82,000
$665,000
82,000
50, 536
2,069, 675
2,164,427
100,000
100,000
2,433,935
29,276
2655
620,000
586, 763
8,128,016
592, 526
8,848, 781
140,000
140,000
828, 233
10,027, 246
104
153,484
1391
1642
100,000
100,000
1,928,382
62,169
1823
19, 694 1908
37,001 1927
625, 217 2045
525, 729
913,034
2181
2249
200,000
1, 543, 721
1,776,412
419, 600
345,139
5, 703,466
965, 408
4, 575, 657
1,478, 736
1, 429,061
7,946,632
1,930, 280
1, 808,087
13; 856,491
24,040
1,026,600
24,040
1,026,600
2,133, 562
2,037,400
16,935, 633
1, 629,885
5, 439, 556
2,887, 715
10,378,807
300,000
300,000
300,000
300,000
3,006,345
11,088,289
3,662,258
671, 691
615, 482
239, 346
115,138
361,002
7,674,055
931,445
1,839,891
279, 282
215,919
626,472
11,914,157
1, 627,000
4,266.415
577, 794
343,130
1,026, 340
296,100
296,100
100,000
25,000
98, 560
100,000
25,000
98, 560
12,981, 529
1,836,969
2, 713, 792
613, 414
429, 237
1,294, 355
1, 359,126
73,878
112, 391
106, 992
9,711
62,164
2253
2281
2294
2327
2396
2451
176,429
315, 352
1,109, 418
216, 262
105,951
223,400
329, 261
186,858
255,980
503, 567
307,445
409, 502
52, 529
602,891
2,083,863
47, 543
179,024
259, 313
4,151, 235
1,111,885
728, 896
337, 790
359,055
590, 929
5, 331, 551
1, 357, 301
856,176
578,419
1, 310, 328
1,462, 240
1,160, 571
1,995,177
1, 351,847
805, 730
289,989
1,628,642
6, 280,644
49,433
23,950
23,950
25,000
12, 500
99,997
100,000
100,000
146, 600
25,000
79,500
25,000
12,500
99, 997
100,000
100,000
146,600
25,000
79, 500
100,000
97,850
100,000
97,850
427, 294
758, 890
6,022,153
1, 565, 569
856,443
653, 585
1,467,969
1, 594,019
1, 258,990
2,306,376
1, 502,081
875, 725
364,873
1, 730,416
6,641, 261
77,858
25, 434
30,828
30,376
70, 289
21,416
18,009
38, 658
187, 792
27,443
67,090
24,303
56, 559
1,149
350,113
111,941
16,447
2455
2512
2628
2640
2665
2666
2758
2765
2798
2829
2850
2853
2854
2914
2917
2922
300,000
1,982,752
2,579,811
61,408
1664
1,217,393
865, 611
1,415, 597
1,042,915
366,351
222, 732
971,865
3,966,769
2,286,975
402, 500
112,000
174,828
389,315
780,883
159,904
727,051
976,609
1,757,118
548,207
902,789
1,173,449
3,190,726
872,922
1,661,595
1, 517,460
2,162,895
667,113
1,086,516
1,580, 234
3,978,250
1,041,779
2,400,169
2,598,174
96,940
97,540
49,280
96,940
97,540
49,280
98,080
98,315
98,315
222,000
273,150
1,410,856
235,683
1,480, 573
589,428
1,944,442
299,645
1,709,774
885,032
3,515,192
563,748
60,000
49,700
60,000
49,700
2,367,820
730,888
1,205,608
1,704,056
4,302,413
1,173,215
2,728,983
2,755,184
57, 752 1682
16, 279 1704
86,300 1725
102,145 1899
210,050 1913
8,764 1922
199,521 1988
109,103 2023
1,854,439
65,533
29,714
207,711
107,622
3,764,480
649,746
2090
2226
2232
2277
340
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31, 1939',
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections > and various other data indiAssets and assessments—
Continued
Progress of liquidation to date of this report
Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.
Unpaid
balance
R. F. C.
or bank
loan
Total assessment upon
shareholders
Total assets
and stock
assessment
Cash collections from
Cash collections from
stock
assessment
2195
2196
$700,000
200,000
$11,308.242
3,351,485
$5,555,908
1,248,174
$233,766
39,379
$641,352
95, 529
$318, 111
117,387
2655
150,000
2,613,211
1,771,632
133,142
95,754
109,409
1391
1642
600,000
828,337
10,780,730
628,394
5,427,975
152,673
6.468
380,304
2,889
317,917
1823
150,000
2,140, 551
991,983
94, 283
170,950
1908
1927
2045
2,303, 256
2,174,401
20,360,850
1,125,254
1,182,720
11,709,365
104,999
86,779
1,188, 432
108,908
140,654
647, 745
177,147
213,014
1,044,121
2181
2249
150,000
100,000
2,800,000
300,000
600,000
3,832,074
12,601,323
1,254,205
4,042,507
205, 410
360,963
89,079
333,948
71, 271
175,340
2253
2281
2294
2327
2396
2451
300,000
250,000
150,000
100,000
75,000
250,000
14,640,655
2,160,847
2,976,1S3
820,406
513,948
1,606,519
4,629,035
1,031,387
1,353,052
120,458
133,495
107,323
83,496
40,154
132, 251
432, 578
133,112
116,825
34,844
18,753
69,774
2455
2512
2628
2640
2665
2666
2758
2765
2798
2829
2850
2853
2854
2914
2917
2922
50,000
100,000
500,000
200,000
50,000
50,000
100,000
100,000
100,000
150,000
100,000
100,000
50,000
100,000
300,000
50,000
502, 728
889,718
6, 552, 529
1,835,858
927,859
721 594
1,606^ 627
1,881,811
1,386,433
2,523,466
1,626,384
1,032,284
416,022
2,180,529
7,053,202
144,305
256,007
310, 586
3,966, 231
977,486
745, 274
375,619
965,465
984,746
18, 111
66,634
149, 273
54,900
36,396
29,758
33,932
65,120
52, 635
74,974
35,193
37,467
10,000
62,453
47,368
8.099
10,767
33,192
297,804
73, 240
51,431
46,123
180,044
66, 207
125,815
79,029
130,036
28, 417
16,964
75, 635
268,958
1.011
200,772
563,220
1,449,481
1,037,461
519, 506
267,967
872,963
4,676,396
8,211
1664
200,000
2,841,219
1,722,536
65,271
82,605
1682
1704
1725
1899
1913
1922
1988
2023
200,000
50,000
100,000
100,000
200,000
100,000
300,000
125,000
2, 625, 572
797,167
1,391,908
1,906,201
4,712,463
1,281,979
3,228,504
2,989,287
1, 552, 621
460,277
728,140
1,069,666
3,134,986
834,444
1,830,959
1,832,835
153,692
37,306
74,425
84,101
180,143
76,755
157,440
95,709
47,294
41,116
48,978
79,976
140,146
83,410
123, 685
187,20.5
2090
2226
2232
2277
75,000
60,000
250,000
100,000
1,994,972
1,073,709
4,222,191
857,368
1,218,450
430,390
1,643,273
327,875
30,247
21,369
91,703
18,658
124,508
35,286
100,873
12,090
Footnotes at end of table, pp. 428 and 429.
$15,000
Offsets
allowed
and
settled
477.193
131.194
188, 639
20,300
78,698
82, 256
41,054
30, 799
390,677
86,304
37,708
56,066
142, 226
292, 697
98,986
165, 738
121, 459
70,763
40,435
92,442
720,192
1,769
129,207
3,500
2,239
182, 500
64, 582
41,375
53, 647
94,438
202,076
122,152
108,888
166,131
67,243
36,502
180,322
90, 763
REPORT OF THE COMPTROLLER OF THE CURRENCY
341
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 81, 1939—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. or
bank loan
Loss on
assets compounded or
sold under
order of
court
Book value
of remaining
uncollected
assets
$6, 749,137
1,500,469
$1,284,901
560,332
$3,449,322
1,225, 592
2,109,937
582,170
637, 751
6, 278,869
197,054
3,452,038
982, 800
447,327
1391
1642
1, 353, 202
498, 501
329,117
54,014
1823
1,516,308
1, 623,167
14,589,663
197,435
305,693
1,535,223
653,420
372,974
3, 272,141
45,001
13,221
1,611,568
1908
1927
2045
1,619,965
4,912,758
427,634
4,707,371
1,778,964
3,076,105
94,590
239,037
2181
2249
5,659,264
1,429,188
1, 780, 839
508,629
338, 377
847, 501
1,350, 217
202,804
409,018
329,880
159,478
297,132
7,884,210
545,462
875, 474
237
179,542
116, 305
42,677
16,504
34,846
117, 749
2253
2281
2294
2327
2396
2451
325, 939
441, 211
4,803, 985
1,191,930
870.809
507,566
1,321,667
1,408,770
1,166,502
1, 769,222
1, 324,149
656,153
335,366
1,103, 493
5, 712,914
19,090
155,667
327,110
811, 577
556, 212
94,877
130, 552
275,590
504,368
108, 297
289,916
163,316
161, 939
57, 620
1,115,124
553,615
84,325
1,999,619
608,728
1, 821, 689
580, 074
905,190
1, 328,181
3, 657, 351
1, 119, 000
2, 220,972
2, 281, 880
808, 369
245, 515
335, 528
642, 097
844, 511
225, 383
988, 562
325, 402
1, 440, 448
523, 547
2,198, 671
449, 386
527,411
546,817
126,995
338, 730
Book value
Book value
of remaining
of assets
uncollected
returned to
stock
shareholders'
assessment
agents
Conservators' distributions—
To
secured
creditors
$466,234
160,621
2195
2196
16,858
413,911
121, 223
884,044
15, 856
109,357
123, 346
190, 084
468, 331
204,148
180,076
802,999
180, 748
174, 593
330,890
95
539, 919
106, 868
2,021,601
To
unsecured
creditors
31, 889
33,366
350,727
145,100
13,604
20,242
66, 068
34, 880
47,365
75,026
64,807
62,533
40,000
37, 547
252,632
41,901
2$884,852
21,911,932
2 454, 858
2 $13,851
2 232,259
2 466,911
2 300, 940
2 348,497
2 473,528
2 60, 530
2 150,061
2 216,642
2 729,006
2655
2455
2512
2628
2640
2665
2666
2758
2765
2798
2829
2850
2853
2854
2914
2917
2922
134, 729
1664
46, 308
12, 694
25, 575
15,899
19, 857
23, 245
142, 560
29, 291
1682
1704
44, 753
38, 631
158, 297
81,342
2090
2226
2?,3?
2277
1899
1913
1988
2023
342
REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiDisposition of proceeds of liquidation—Continued
Dividends paid byreceivers
On
unsecured
claims
On
secured
claims
Secured a n d
preferred liabilities paid
except through
dividends,
including
offsets allowed
2195
2196
$1,662,706
920, 564
$4, 777, 786
388,052
2655
960,392
182,631
1391
1642
2 613,392
4, 603,937
6,889
1,070,397
1823
815, 758
1908
1927
2045
$30, 088
22
667,100
786,080
5, 273, 735
2181
2249
89, 322
184, 561
2253
2281
2294
2327
2396
2451
152, 376
Conservators'
salaries,
legal and
other
expenses
Cash advanced in
protection
of assets
Receivers'
salaries,
legal and
other
expenses
$198,063
86,498
$30,848
9,188
$17, 666
64, 396
19, 528
17,470
362, 532
374,758
3,978
126, 484
641, 222
577,138
8, 510, 581
10, 222
23, 526
16, 796
164,916
113, 389
509, 393
144, 512
304, 792
1, 210,171
3, 846, 416
8,997
5,510
106, 069
297, 289
330, 658
394, 261
692, 049
123, 275
93, 300
269,017
4, 446, 786
835, 543
881, 530
258, 706
198,137
394,150
129, 765
153
13,122
433
264
419
73,970
37,103
452, 043
663,115
227, 519
129, 315
456, 565
339, 609
361, 224
359, 327
216, 958
84
68,076
405
877,552
203, 074
281, 744
1, 791, 248
333, 272
143, 659
272, 511
490, 798
516,141
377, 209
801, 327
429,113
497, 644
87, 096
751, 531
3, 758, 757
10, 484
482
200
39,691
1664
1,388,060
482,793
20,646
82,349
1682
1704
1725
1899
1913
1922
1988
2023
1,245,445
351,566
508,058
719,284
3 2,452, 822
710,686
1,135,960
773,710
496,210
181,897
267,384
396,795
1,040,852
330,654
907,178
1,283, 577
67
1,553
1,362
338
2,437
4,532
5,478
5,040
79,967
44,693
81,034
116,766
118,950
73,128
97, 574
107,069
963,203
137,958
73,924
40, 553
322,152
329,181
1, 842,428
353,944
9
60,902
40,240
198,116
43,805
2455
2512
2628
2640
2665
2666
2758
2765
2798
2829
2850
2853
2854
2914
2917
2922
2090
2226
2232
2277
31,103
74,852
39, 897
15, 610
6,000
4,809
365
94,998
209
16,168
2,502
Footnotes at end of table, pp. 428 and 429.
4,527
1,389
201
4,536
14, 461
2,144
1,756
1,276
5
6,547
58,740
3,024
6,090
7,377
13, 498
7,842
7,037
71, 876
21,127
14, 208
8,521
24,070
32, 093
26. 459
44, 542
35, 719
26,294
15, 491
51,166
85, 888
291, 087
138, 664
183, 468
57, 895
39, 299
79, 989
40, 571
44, 818
330, 807
110, 408
30, 565
50, 398
88, 215
47,815
80, 280
97, 921
98,849
28,427
13, 366
83, 744
194, 745
3,797
REPOKT OF THE COMPTROLLER OF THE CURRENCY
343
dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 1939—Continued
Disposition of proceeds of
liquidation—Continued
Cash in hands
of
Comptroller
and
receivers
Amount returned to
shareholders
in cash
$79,734
96,167
Amount of
claims
proved
$2,969,630
1,414,936
1,979, 238
Dividend
(percent)
Interest
dividend
(percent)
Date finally
closed
56
65
2195
2196
3 93.23
N o v . 18,1938
2655
Oct. 28,1939
1391
1642
222,475
584,183
7,760,436
32, 224
1,391,219
58.5
1823
32,848
92,946
279,136
1,266,623
1,187,058
5,269,810
52.5
66
100
1908
1927
2045
60,894
274,190
2,318, 554
8,149, 576
10
6
2181
2249
308,592
60,567
7,646
31,127
9,657,973
780, 623
1,572,846
284,874
143,538
519,556
5
50
43
43
65
51
2253
2281
2294
2327
2396
2451
15,576
30,412
206,388
64,008
26,684
28,371
15,854
103,147
67,838
27, 567
60,419
25, 771
47, 352
42, 290
74, 782
112, 484
93,973
22,961
11,084
155,399
501,030
3,502,497
1,016, 694
714,531
286, 597
810, 206
942,052
778,924
1,170, 762
914, 365
329,053
197, 230
868,188
2,503,861
47,543
1, 794,130
2 100
59
47.6
15
3 67.5
65
3 95.5
45
3 85
3 86. 25
3 85
3 60
3 75
2 22.5
3 100
2 25
3 64
10.115
•5
Sept. 29,1939
D e c . 27,1938
S e p t . 23,1939
M a y 31,1939
6
10. 6
A p r . 19,1939
M a y 1,1939
N o v . 30,1938
77
1. 660, 593
486, 093
816, 920
1, 232, 639
2, 927, 381
710, 686
1, 474, 037
1, 288, 483
75
72.4
62
66.06
3 83.667
100
77
60
1, 382, 966
600, 647
1, 515, 453
202, 785
69.5
25.66
5
20
2455
2512
2628
2640
2665
2666
2758
2765
2798
2829
2850
2853
2854
2914
2917
2922
1604
Oct. 27,1939
A p r . 12,1939
M a y 25,1939
A p r . 26,1939
July
20,1939
16S2
1704
1725
189H
1913
1922
1988
2023
2090
2226
2232
2277
344
BEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 64.—National banks in charge of receivers during year ended Oct. 31,1939n
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indiOrganization
Name and location of banks
Charter
No.
2314
2328
2415
2459
2483
2565
2586
2624
2625
2697
2702
2711
2718
2719
2727
2730
2813
2895
2907
2944
2946
NEW YORK—continued
Pelham National Bank, Pelham 7
Larchmont National
Bank & Trust Co.,
Larchmont.7
Central Park National Bank, Central Park 7
Harriman National Bank & Trust
Co. of
the city of New York, N. Y.7
Falls National Bank, Niagara Falls 7 7
Richmond National Bank, New York
First National Bank of 7The Thousand
Islands, Alexandria Bay.
7
Cooperstown National Bank, Cooperstown
7
Mountain National Bank, Tannersville
-._
SaH Springs National Bank, Syracuse 7
7
First National Bank & Trust Co., Yonkers
.
7
National City Bank, New Rochelle
7
First National Bank, Brockport
First National
Bank & Trust Co., Mamaronock.1
7
Seneca National Bank, West Seneca
7
First National Bank, Hempstead
7
First National Bank, Oxford
First National Bank, East Rochester 7 7
Ozone Park National.Bank, New York ___.
National Bank of Ridgewood in New York,
N. Y.i
Fort Greene National Bank in New York,
N. Y.«
Date
Failure
Capital
stock at
date of
failure
Date receiver
appointed
11951
6019
Mar. 18,1921
Oct. 28,1901
$200,000
200,000
July 21,1933
Aug. 5,1933
12951
9955
June 25,1926
Mar. 2,1911
50,000
2,000,000
Oct. 2,1933
Oct. 16,1933
11489
11655
5284
Oct. 16,1919
Feb. 17,1920
Mar. 24,1900
100,000
400,000
50,000
Oct. 26,1933
Nov. 14,1933
Dec. 7,1933
7305
11057
1287
653
6427
382
5411
Mar.
June
May
Dec.
Aug.
Apr.
May
26,1904
30,1917
20,1865
9,1864
18,1902
4,1864
28,1900
50,000
50,000
800,000
1,000,000
500,000
75,000
150.000
Dec. 18,1933
do
Jan. 22,1934
Jan. 23,1934
Feb. 1,1934
Feb. 2,1934
do
12925
4880
273
10141
12897
July
Mar.
Feb.
Dec.
Oct.
Mar.
27,1925
2,1893
10,1864
19,1911
30,1922
6,1926
50,000
500,000
100,000
150,000
200,000
200,000
Feb.
Feb.
Apr.
Oct.
Oct.
July
13336
June 10,1929
500.000
Aug. 14,1937
13298
8772
1547
4997
9067
13168
4568
10614
3682
Mar.
May
Aug.
Apr.
Feb.
Jan.
Mar.
Sept.
Feb.
18,1929
15.1907
26,1865
11,1895
15.1908
12,1928
23,1891
11,1914
8,1887
150, 000
200,000
300,000
100,000
600,000
150,000
1,000,000
325, 000
100, 000
2570
Sept. 12,1881
400,000
Nov. 15,1933
8701
13171
13457
6308
6345
216
6632
9192
68
5414
6593
1318
142
237
2474
5
91
5694
7661
July 30.1907
Mar. 29,1907
Jan. 17,1928
Apr. 16,1930
June 12,1902
June 27.
@FedFRASER