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SEVENTY-NINTH ANNUAL REPORT
OF THE

Comptroller of the Currency
COVERING THE YEAR ENDED

OCTOBER 31, 1941

UNITED STATES
GOVERNMENT PRINTING OFFICE
W A S H I N G T O N : 1942

F o r s a l e b y t h e S u p e r i n t e n d e n t of D o c u m e n t s , W a s h i n g t o n , D . C .




- - - - - - - - - - - - -

Price $1.00




TREASURY DEPARTMENT

Document No. 3118
Comptroller of the Currency

CONTENTS
Page

Summary
Structural changes in the national banking system
Branches
,
Changes in principal items of assets and liabilities of national banks in the
year 1941
Earnings, expenses, and dividends of national banks for year ended December 31, 1940
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 and private
banks, year ended June 30, 1941
Distribution of all banks
Reports from national banks
Examination of national banks
Liquidation of insolvent national banks
Issue and redemption of notes
Retirement system
Organization and staff
Expenditures of the Currency Bureau

1
5
6
7
10
12
13
13
15
15
21
22
22
23
26
30
30
31
37
37
37
38

APPENDIX
TABLES

No.
No.
No.
No.
No.
No.
No.
No.

1. Comptrollers and Deputy Comptrollers of the Currency since
1863
!
2. Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, October 31, 1941
3. Njumber of national banks organized since February 25, 1863,
number passed out of the system, and number in existence
October 31, 1941
4. National banks reported in liquidation from November 1, 1940, to
October 31, 1941, the names where known, of succeeding banks
in cases of succession, with date of liquidation and capital
5. National and State banks consolidated in the year ended October
31, 1941, under act of November 7, 1918, as amended February
25, 1927, and June 16, 1933
1
6. Number and capital of State banks converted into national banking associations in each State and Territory from 1863 to October 31, 1941
7. Conversion of State banks and primary organizations as national
banks from March 14, 1900, to October 31, 1941
8. Number of national banks increasing their capital stock, together
with the amount of increase monthly for years ended October
31, since 1936




m

41
41
43
43
45
46
46
47

IV

CONTENTS

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
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, 1941
11. Changes of corporate title of national banks, year ended October
31, 1941
12. National banks chartered during the year ended October 31, 1941 _
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, 1941
14. National banks chartered which are conversions of State banks
during the year ended October 31, 1941
15. National banks by States and geographical divisions, organized,
failed, and reported in voluntary liquidation during the year
ended October 31, 1941
16. Number and classification of national banks chartered monthly
during the year ended October 31, 1941
17. Number of domestic branches of national banks authorized during
the year ended October 31, 1941
18. Number and class of domestic branches of national banks closed
during the year ended October 31, 1941
19. Number and kind of domestic branches on February 25, 1927,
and number and manner of acquisition of additional branches
of national banks, by years, to close of October 31, 1941
20. Dates of reports of condition of national banks, 1914 to 1941
21. Assets and liabilities of national banks, by States, at date of each
call during year ended October 31, 1941
22. Principal items of assets and liabilities of national banks, by size
of banks according to deposits, December 31, 1940
23. Fiduciary activities of national banks during year ended June 30,
1941, segregated according to capital
24. Fiduciary activities of national ban,ks by Federal Reserve districts
as of June 30, 1941
25. Classification of investments in living and court trust accounts
under administration by the active national bank trust departments, segregated according to capital as of June 30, 1941
26. Earnings, expenses, and dividends of national banks, years ended
June 30, 1937-41
27. Earnings, expenses, and dividends of national banks for the period
of 6 months ended June 30, 1941
28. Earnings, expenses, and dividends of national banks, by Federal
Reserve districts, for the period of 6 months ended June 30, 1941 _
29. Earnings, expenses, and dividends of national banks, years erlded
December 31, 1936-40
30. Earnings, expenses, and dividends of national banks for the year
ended December 31, 1940
.__31. Earnings, expenses, and dividends of national banks, by Federal
Reserve districts, for the year ended December 31, 1940
32. Earnings, expenses, and dividends of national banks, by size of
banks, for the year ended December 31, 1940
33. Earnings, expenses, and dividends of national banks, by size of
banks, for the year ended December 31, 1940, by Federal Reserve districts
34. Earnings, expenses, and dividends of nonmember national banks,
by size of banks, for the year ended December 31, 1940
35. Number of national banks, capital stock, capital funds, net addition to profits, dividends and ratios, calendar years 1929 to 1940
and years ended June 30, 1929 to 1941

Page

No.
No.
No.
No.

No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.




48
48
50
50

51
52
53
55
55
56
57
58
59
114
133
135
135
136
138
144
146
148
154
157
160
184
186

CONTENTS

V

Page
No. 36. 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 1940 and years ended
June 30, 1929 to 1941
187
No. 37. Foreign branches of American national banks, June 30, 1941
188
No. 38. Consolidated statement of assets and liabilities of foreign branches
of national banks, June 30, 1941
189
No. 39. Assets and liabilities of all banks in District of Columbia at date
of each call during year ended October 31, 1941
190
No. 40. Assets and liabilities of savings and State banks in District of
Columbia at date of each call during year ended October 31,
1941
191
No. 41. Assets and liabilities of trust companies in District of Columbia
at date of each call during year ended October 31, 1941
192
No. 42. Earnings, expenses, and dividends of banks in the District of Columbia for the 6-month periods ended June 30, 1941 and 1940__
193
No. 43. Earnings, expenses, and dividends of banks in the District of
Columbia, years ended December 31, 1940 and 1939
194
No. 44. Capital, capital funds, net addition to profits, and interest and
dividends of all banks in the District of Columbia, calendar
years 1930 to 1940 and years ended June 30, 1930 to 1941
196
No. 45. Loans and investments and losses charged off on loans and investments by all banks in the District of Columbia, calendar years
1930 to 1940 and years ended June 30, 1930 to 1941
197
No. 46. Individual statements of assets and liabilities of the 26 building
' and loan associations in District of Columbia, December 31,
1940
198
No. 47. Summary of assets and liabilities December 31, 1940, and receipts
and disbursements in year ended December 31, 1940, of the 26
building and loan associations in District of Columbia
200
No. 48. Individual statements of assets and liabilities of the 25 District
of Columbia credit unions, December 31, 1940
201
No. 49. Summary of assets and liabilities December 31, 1940, and receipts
and disbursements in year ended December 31, 1940, of the 25
District of Columbia credit unions
202
No. 50. Officials of State banking departments and number of each class of
active banks under their supervision in June 1941
204
No. 51. Assets and liabilities of all active banks in the United States and
possessions, June 30, 1941
, 206
No. 52. Assets and liabilities of active State (commercial) banks, June 30,
1941
216
No. 53. Assets and liabilities of active mutual savings banks, June 30,
1941
.1
226
No. 54. Assets and liabilities of active private banks, June 30, 1941
231
No. 55. Assets and liabilities of all active banks other than national, June
30, 1941
236
No. 56. Assets and liabilities of active national banks, June 30, 1941
246
No. 57. Savings deposits and depositors in all active banks in the United
States and possessions, according to classes of banks, June 30,
1941__
256
No. 58. Per capita- demand and time and savings deposits in all active
banks, June 30, 1941
258
No. 59. Assets and liabilities of operating insured commercial banks, by
classes, June 30, 1941
' 259
No. 60. Assets and liabilities of all active banks in the United States and
possessions, by classes, December 31, 1940
262
No. 61. Assets and liabilities of all active banks in the United States and
possessions, December 31, 1940
264 i
No. 62. Assets and liabilities of active State (commercial) banks, December 31, 1940
270
No. 63. Assets and liabilities of active mutual savings banks, December
31, 1940
276
No. 64. Assets and liabilities of active private banks, December 31, 1940__
278
No. 65. Assets and liabilities of all active banks other than national,
December 31, 1940
280



VI

CONTENTS
Page

No. 66. Assets and liabilities of active national banks, December 31, 1940_
No. 67. Personal and retail installment paper held by national banks,
June 30,. 1941
No. 68. Personal and retail installment paper held by national banks,
December 31, 1940
No. 69. Assets and liabilities of all active banks, June 30, 1920 to 1941___
No. 70. Assets and liabilities of all active banks other than national,
- June 30, 19201 to 1941
No. 71. Assets and liabilities of all active national banks, June 30, 1920
to 1941
No. 72. 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, 1941
No. 73. Loans on and purchases of preferred stock of national banks disbursed by the Reconstruction Finance Corporation from March
9, 1933, to June 30, 1941, inclusive, and outstanding as of June
30, 1941
-----,7
-.No. 74. 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, 1941
No. 75. 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 June 30, 1941, grouped
in accordance with final disposition
No. 76. National banks in charge of receivers during year ended October
31, 1941, 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, 1941
No. 76-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, 1941, 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, 1941
No. 77. Annual liquidation cost—national bank receiverships, 1925-41 __
No. 78. Total deposits, percentage amounts of dividends paid, cost of
liquidation and average time required to complete liquidation,
insolvent national banks completely liquidated and finally
closed, by years, 1925-41
No. 79. National banks restored to solvency after having been placed in
charge of receivers, from t i e date of the first national-bank
failure in 1865 to October 31, 1941
No. 80. National banks placed in charge of receivers after having been restored to solvency following a previous failure, from the date of
the first national-bank failure, April 14, 1865, to October 31,
1941
No. 81. Dividend payments, total returns to all creditors and cost of
liquidation, insolvent national banks, to October 31, 1941
No. 82. 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, 1941_.




286
292
295
298
299
390

301

303

304

305

306

388
392

392
393

395
396
398

CONTENTS

VII
Pagre

No. 83. National banks placed in charge of receivers, by years, since 1865,
t h e n u m b e r of active receiverships November 1, 1941, a n d t h e
n u m b e r of receiverships terminated by restoration to solvency
a n d t h r o u g h liquidation to November 1, 1941, together with
various d a t a indicating t h e results of liquidation for those receiverships closed through liquidation
N o . 84. National banks placed in charge of receivers, by States, since
1865, t h e n u m b e r of active receiverships November 1, 1941, a n d
t h e n u m b e r of receiverships terminated by restoration to solvency and through liquidation t o November 1, 1941, together
with various d a t a indicating t h e results of liquidation for those
receiverships closed through liquidation
N o . 85. Bank suspensions, by States, in the year ended J u n e 30, 1941
N o . 86. Bank suspensions, by States, in t h e 6 m o n t h s ended December 31,
1940
N o . 87. Bank suspensions, by States, in t h e 6 months ended June 30, 1941_
N o . 88. B a n k suspensions, years ended J u n e 30, 1864 to 1941
N o . 89. Bank suspensions, years ended December 31, 1921 to 1940
N o . 90. Bank suspensions since inauguration of Federal Deposit Insurance,
J a n u a r y 1, 1934, to June 30, 1941
N o . 9 1 . Bank suspensions since inauguration of Federal Deposit Insurance,
years ended December 31, 1934 to 1940
T a b l e " S . " Statements of assets and liabilities of the individual national
banks a t close of business December 31, 1941, arranged alphabetically by States, Territories, and towns. (Omitted from
this report a n d published as a separate table.)




400

404
408
409
410
411
412
413
414

LETTER OF TRANSMITTAL
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,

Washington, D. (7., January 5, 1942,
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, 1941.
Respectfully,
SIRS:

PRESTON DELANO,

Comptroller of the Currency.
THE PRESIDENT OF THE SENATE.
THE SPEAKER OF THE HOUSE OF REPRESENTATIVES.




IX

ANNUAL REPORT
OF THE

COMPTROLLER OF THE CURRENCY
The National Banking System, at the close of the fiscal year on
October 31, 1941, was comprised of 5,132 national banking associations
which were operating 1,647 branches, making a total of 6,779 banking
offices. All were located in the continental United States with the
exception of 23 operating in territories and insular possessions. In
addition 4 continental national banks were operating 71 branches in
21 foreign countries.
For the fiscal year 15 charters were issued for national banks, of
which 6 were primary organizations, 7 were conversions of Statechartered institutions, and 2 were issued in connection with the reorganization of other banks, one of which was a State institution.
Applications were rejected for 6 new national banks. Permits to
establish 50 branches of national banks were also issued, of which
number 29 took over the business of former unit banks, 4 were established for the purpose of affording banking facilities at military posts
and defense projects, and 17 were established to furnish new banking
facilities. Applications were rejected for 44 branch permits. In
addition to the foregoing, 2 State banks were consolidated with national banks, and the business of 10 other State banks was purchased
by existing national banks.
During this same period 3 national banks were placed in receivership, 6 were consolidated with other national banks and 41 were
placed in voluntary liquidation. Of this latter number, 4 paid off
their depositors in full and discontinued business, 1 was succeeded by
a new national bank, 12 were absorbed by existing national banks, 14
were absorbed by existing State banks and 10 were succeeded by new
State banks. The predominant reason of the latter banks for taking
out State charters was to take advantage of smaller minimum capital
requirements and to enhance limited earning capacities by charging
exchange which is denied to national banks by the Federal Reserve
Act. There were also 18 branch permits relinquished, of which number 2 were discontinued through action of the shareholders, 10 through
action of the hoard of directors of the parent banks, and 6 through
consolidation or for other reasons.
The net result of the foregoing changes was a decrease of 35 national
banks and a gain of 32 branches. While the total number of banking
offices declined to the extent of 3 units, the total deposits of banks in
the national banking system showed an increase of $4,276,896,000 for




2

REPORT OF THE COMPTROLLER OF THE CURRENCY

the year ended June 30, 1941. Existing o verb an ked conditions were
improved in 48 instances by consolidations, purchases and sales of
State and national banks with each other and new banking facilities
were afforded in 27 instances, which represents a favorable trend
toward the strengthening of the banking structure as a whole.
The aggregate capital stock of the 5,132 national banks on October
31, 1941 was $1,516,275,588, which consisted of $1,344,321,377 of
common stock and $171,954,211 of preferred stock. During the
year covered by the report the common capital stock in national banks
was increased in a net amount of $14,963,001, while a net of $31,803,258
of preferred stock outstanding was retired. Since issuance was
authorized, 2,300 national banks have issued preferred stock in the
aggregate amount of $594,408,757. As of October 31, 1941 there were
1,285 banks having preferred stock outstanding in the amount of
$171,954,211. This represents a net decrease of 1,015 banks and a
net dollar decrease of $422,454,546 in the amount outstanding.
The total of all capital accounts for national banks on September
24, 1941, the date of the latest report of condition, was $3,628,321,000,
which represents an increase of $151,880,000 in excess of the preferred
stock retired and losses sustained since June 30, 1940. This increase
reflects generally a good earning power for national banks and a willingness on the part of most banks to retain a substantial portion of their
earnings to strengthen permanent capital, and otherwise provide
reserves against future contingencies. A rapid growth of deposits
during the past several years has been shown as of each call date and
has resulted in numerous cases of banks having inadequate capital.
The above increase of capital accounts, however, tends to correct such
cases in many instances and national banks as a whole have maintained
a ratio of $1 to $10.62 of total capital to deposit liabilities.
Of the total number of active banks in the United States and its
possessions as of June 30, 1941, only 34 percent were national banks
but they represented over 47 percent of the total banking resources.
The asset position of national banks has been improved in many ways
during the year. The quality of the bond portfolios has been materially improved. The volume of criticised assets has shown a substantial decline. Of outstanding importance is the continued improvement of the " other real estate owned" account. This figure
reached a high point of $184,211,000 in all national banks at the
March call in 1936. By September 1941 it had been more than cut in
half, and stood at $91,620,000, which, represents 11 percent of all"other
real estate owned" by all active banks in the United States and its
possessions as of June 30, 1941.
A comparison of the assets and liabilities of the banks in the national
banking system on June 29, 1940, and on June 30, 1941, is shown in the
following table:




REPORT OP THE COMPTROLLER OF THE CURRENCY
Comparison of principal items of assets and liabilities of national banks, June 29,
1940 and June 80, 1941
[In thousands of dollars]
June 29, 1940 J u n e 30, 1941
Number of banks

5,170
ASSETS

Commercial and industrial loans
Real-estate loans
All other loans, including overdrafts.

.-..

5,136

3, 604, 072
2, 002, 852
3, 572, 303

Total loans

U. S. Government obligations, direct and guaranteed
Other bondSj stocks, and securities
Total investments
_
Cash, balances with other banks, including reserve balances, and cash item;
in process of collection
_
_
._
Other miscellaneous assets.

4, 698, 523
2,181.661
4, 042,299

9,179, 227
9,111,226
3, 794, 049

_

10,922,483
11,135,952
3,818,842
14,954,791

13, 877,104
923,474

14, 521,658
915, 700

36, 885, 080

41, 314,635

24, 719, 328
8, 355, 079

28, 836,324
8, 514, 979

83,074, 407
2,910
331, 322

37,351, SOS
2,005
363,186

33, 408, 639

37, 716,494

1, 534, 649
1, 249, 961
691, 831

Total assets

12,905,275

1, 523,383
1, 336, 090
738,668

LIABILITIES

Demand deposits.
Time deposits.

-

-

Total deposits

Bills payable, rediscounts, and other liabilities for borrowed money
Other miscellaneous liabilities..
_
Total liabilities

_
CAPITAL ACCOUNTS

Capital stock
Surplus
Undivided profits and reserves
Total capital accounts
Total liabilities and capital accounts

__

3, 476, 441

3, 598,141

36, 885, 080

41, 314,635

From this table it will be observed that of the total increase in
loans and discounts of $1,743,256,000, $1,094,451,000 was represented by commercial and industrial loans. Of the total increase of
$2,049,519,000 of investments, a total of $2,024,726,000 was represented by direct and guaranteed obligations of the United States
Government. On the liability side total deposits increased $4,276,896,000 as compared to a net increase of $121,700,000 in capital
accounts. It will also be noted that cash resources were high while
borrowings were very small on both dates.
A comparison of earnings, expenses, and dividends of national banks
for 6-month periods ended June 30, 1940 and 1941, is shown in the
following table:




4

REPORT OF THE COMPTROLLER OF THE CURRENCY

Earnings, expenses, and dividends of national banks for 6-month periods ended
June SO, 1940 and 1941
[In thousands of dollars]
6 months ended J u n e 30—
1940

Number of banks 1

_

._ _.

__

.

Total

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities soldAll other..

.

.

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 profits before dividends
Dividends

446, 750
132, 641
50,511
37,417
88, 208
308, 777
137, 973

17, 267
17, 618
53, 286
7, 693

_ .,

220, 382
141, 772
84, 596

129, 752

Net operating earnings

201, 012
142,063
82, 933

296, 256

__..._

Total

._

5,136

126 953
53, 586
32,159
83, 558

:

5,170

426, 008

Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other securities..
Other earnings

Expenses:
Salaries, wages, and fees
Interest on deposits and borrowed money
Taxes
Other expenses
. . . ._ .__

1941

18,335
22, 508
38, 648
6,454

95, 864

. _.

85, 945

225, 616

223,918

29, 631
54,988
12, 464
15, 565

23, 235
44,073
14,528
9.298

112,648

91,134

112,968
68, 259

132,784
69, 389

* At end of period.

It will be noted from this table that gross earnings of all national
banks for the first 6 months of the calendar year 1941 revealed an
increase of $20,742,000 over the first 6-month period of 1940, while
net additions to profits before dividends revealed a net increase of
$19,816,000. Dividends paid by national banks for the first 6 months
of 1941 were $69,389,000, or an increase of $1,130,000 over the first
6 months of 1940.
The trust departments of national banks showed a normal change
in their various activities during the year. The fiduciary activities
and the classification of the investment of trust funds are reported
upon in detail in this report.
Upon four occasions during the year, in accordance with section
5211 of the Revised Statutes, the Comptroller called on national banks
for reports of their current condition.
In addition to national banks, this report covers the activities of
nonnational banks, building and loan associations, and non-Federal
credit unions in the District of Columbia. It also presents statistics
on all banks in the United States as required by law.



REPORT OF THE COMPTROLLER OF THE CURRENCY

5

During the year ended October 31, 1941, there were 3 national
bank failures involving total deposits of $2,182,008, of which amount
over 90 percent was insured by the Federal Deposit Insurance Corporation. The total receiverships administered during the year were 258,
of which number 102 were closed and 156 remain as active receiverships. A review of the activities of the Insolvent Division of the
Office of the Comptroller of the Currency is presented in detail elsewhere in this report.
STRUCTURAL CHANGES IN THE NATIONAL BANKING SYSTEM
The authorized capital stock of the 5,132 national banks in existence
at the close of business on October 31, 1941, consisted of common
capital stock aggregating $1,344,321,377, a net increase during the
year of $14,963,001, and preferred capital stock aggregating $171,954,211, a net decrease during the year of $31,803,258.
During the year ended October 31, 1941, in addition to 18 applications with proposed capital stock of $6,155,000 carried over from the
previous year, 19 applications were received to organize national
banks and to convert State banks into national banking associations,
with proposed capital stock aggregating $2,370,000. Of these applications, 11 with proposed capital stock aggregating $1,320,000 were
approved; 6 with proposed capital stock aggregating $1,100,000 were
rejected; and the remainder were still pending or had been abandoned
on October 31, 1941. From the applications carried over from the
previous year and the 11 applications approved during the current
year, 15 national banking associations with common capital stock
aggregating $5,250,000, 3 of which also had. $295,000 preferred capital
stock, were authorized to commence business. Of the 15 charters
issued, 7 with common capital stock aggregating $3,600,000, 2 of which
also had $290,000 preferred capital stock, were the result of the conversions of State banks; and 2 with common capital stock aggregating
$1,100,000, 1 of which also had $5,000 preferred capital stock, were
organized for the purpose of acquiring the business of a liquidating
national bank and a State bank.
During the year ended October 31, 1941, 10 national banks and 2
State banks were consolidated into 4 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
$2,150,000 and the preferred capital stock being $1,634,000. Additional assets of approximately $2,005,369 were brought into the national banking 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 10 State banks, with aggregate
capital stock of $484,000 and aggregate assets of approximately
$10,425,262.
During the year ended October 31, 1941, 41 national banks with
common capital stock of $4,391,350, among which were 16 with preferred capital stock aggregating $927,830, went into voluntary liquidation in the manner provided by sections 5220 and 5221 U. S. R. S. Of
these banks, 4 with common capital stock of $300,000, and assets of
$1,483,681, including 1 with preferred capital stock of $25,000,
paid their depositors and quit business; 13 with common capital stock



6

REPORT OF THE COMPTROLLER OF THE CURRENCY

of $1,220,000 and assets aggregating $19,719,231, including 2 with
preferred capital stock of $226,680, were succeeded by other national
banks; and 24 with common capital stock of $2,871,350 and assets
aggregating $42,796,134, including 13 with preferred capital stock of
$676,150, were succeeded by State banks.
Changes in the number and capital stock of national banks during
the year ended October 31, 1941, are shown in the following summary:
Organization, capital stock changes, and liquidations of national banks during the
year ended Oct. 81, 1941
Number
of banks

Charters issued:
Reorganizations.

Common

$100,000
1,000,000
2, 500,000
1,100,000
550,000

Conversions of State banks Primary organizations
Increases of capital stock:
Preferred:
14 banks, by new issues
1 bank, by increase of par value
Common:
38 banks, by regular cash increases
26 banks, by regular stock dividends under sec. 5142, U. S.
R. S
678 banks, by stock dividends under provisions of their
articles of association
3 banks, by conversion of preferred capital stock
3 banks, by consolidation under act Nov. 7,1918, as amended
Total increases _

Capital stock

$5,000
290,000
2, 380,500
384,000

2,815, 900
2,837,250
10, 289, 201
704, 500
200,000

Voluntary liquidations:
Succeeded by national banks
_
•
Succeeded by State banks
Quit business
Receiverships: Banks in active operation
Decreases of capital stock:
Preferred:
1,464 banks, by retirement
_*.__
3 banks, by decrease of par value..
Common: 18 banks, by reduction
Capital stock decreases incident to consolidation (act Nov. 7,1918)-

22,096,851

3,059, 500

1,220,000
2,871,350
300,000
187,000

15

226,680
676,150
25,000
95,000

2, 530, 500
25, 000

Total decreases

7,133, 850

Net change
Charters in force Oct. 31,1940, and authorized capital stock..
Charters in force Oct. 31, 1941, and authorized 6apii;al stock.

Preferred

33. 504,428
335, 500

34,862,758

-35
5,167

+14,963,001 -31,803,258
1, 329, 358, 376 203, 757,469

5,132

1,344, 321, 377

171,954, 211

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 205 national banking associations with 1,647
branches as of the close of business October 31, 1941.
During the year ended October 31, 1941, 50 branches were brought
into the national system, all of which were de novo branches. Of these
branches, 32 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, 18 branches were relinquished, of
which number 2 were discontinued through action of the shareholders,
10 through action of the boards of directors of the parent banks and



REPORT OF THE COMPTROLLER OF THE CURRENCY

7

6 through consolidations or for other reasons. The net result of these
operations was a gain for the system of 32 branches during the year
ended October 31, 1941.
A summary showing the number and kind of branches authorized
and closed during the period appears in the accompanying table:
Number and kind oj branches authorized and closed during the year ended Oct. 31,
1941
Author-

Classes

o

. . .

fa

Statutoryj&
Additional offices, c branches
Millspaugh act
-. . _
.—,
, flocal
Cbranches
{other'than "local""":':"""
Total - .

ized
In op- In exeration istence during
year
Feb.
25,
1927

Oct.
31,
1940

ended
Oct.
31,
1941

372

By
shareholders

directors

Lapsed

1
1

364
} 165 \f 309
202
5

Closed during the year ended
Oct. 31, 1941

71
2
389
480

50

31,
1941

8
2

18
32

1,615

Insolvent

Total
in existence
Oct.

2

5
1

363
308
71
2
394
509

10

6

1,647

NOTE.—Branches classified according to the paragraph of sec. 5155, U. S. R. S., under which they are
authorized as a, b, and c.
CHANGES IN PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF
NATIONAL BANKS IN THE YEAR ENDED JUNE 30, 1941

Loans and discounts of all national banks in the United States and
possessions on June 30, 1941, were $10,922,000,000, an increase of
$1,743,000,000 in 12 months. Commercial and industrial loans increased $1,094,000,000 and loans on real estate increased $179,000,000.
Loans to brokers and dealers in securities and other loans for the purpose of purchasing or carrying stocks, bonds, and other securities
increased $35,000,000.
Investments increased $2,050,000,000 and amounted to $14,955,000,000 at the end of the fiscal year. United States Government
direct obligations of $8,857,000,000, and obligations guaranteed by
the United States Government as to interest and principal of
$2,280,000,000, increased in the year $1,637,000,000 and $389,000,000,
respectively. Obligations of States and political subdivisions increased $92,000,000 and amounted to $2,020,000,000, while other
bonds, notes, and debentures decreased $58,000,000, to $1,590,000,000.
Corporate stocks, including stock of Federal Reserve banks, totaling
$208,000,000, decreased $10,000,000 during the 12 months ended
June 30, 1941.
Cash, balances with other banks, including reserve balances, and
cash items in process of collection increased $645,000,000, and
amounted to $14,522,000,000 at the end of the year.
The total deposits on June 30, 1941, amounted to $37,351,000,000,
an increase of $4,277,000,000 during the year. These deposits comprise demand deposits of $28,836,000,000, which increased $4,117,000,000, and time deposits of $8,515,000,000, which showed an increase of
$160,000,000.
438775—42

2




8

REPORT OF THE COMPTROLLER OF THE CURRENCY

Total capital funds of $3,598,000,000 represented an increase of
$122,000,000. Common stock increased $13,000,000, .while preferred stock decreased $24,000,000. Surplus, profits, and reserves
increased $133,000,000.
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 banks in the year ended October 31,
1941, appear in the accompanying tables:
Changes in principal items of assets and liabilities of national banks, year ended
June 30, 1941
[In millions of dollars]
June
1941

Number of banks

Changes in
12 months

5,136

-34

4,698

+ 1 094

594
2,182
3,448

+35
+179
+435

10,922

+1, 743

8,857
2,280
2,020
1,590
208

+1, 637
+389
+92

14, 955

+2,050

ASSETS

Loans and discounts:
Commercial and industrial loans
Loans to brokers and dealers in securities and other loans for the purpose of
purchasing or carrying stocks, bonds, and otter 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
Total investments

I

Cash, balances with other banks, including reserve balances, and cash items in
process of collection
Total assets

-58
-10

+645
+4,430

19,194
9,642

+3, 217
+900

28, 836

+4,117

7,153
1,362

..

14,522
41,315

+175

8,515

+160

LIABILITIES

Demand deposits:
Individuals, partnerships, and corporations
Other
Total demand deposits
Time deposits:
Savings
Other
Total time deposits.

_

_._

.. . .

_.

-15

Total deposits

37, 351

+4, 277

Total liabilities, excluding capital accounts

37, 717

+4, 308

184
1, 339
2,075

+13
+133

CAPITAL ACCOUNTS

Capital stock:
Preferred
Common
Surplus, profits, and reserves
Total capital accounts.-.
Total liabilities and capital accounts




—24

3,598

+122

41,315

+4,430

REPORT OF THE COMPTROLLER OF THE CURRENCY

9

Assets and liabilities of national banks on dates indicated
[In thousands of dollars]
Dec. 31,
1940
(5,150
banks)

Apr. 4,
1941
(5,144
banks)

June 30,
1941
(5,136
banks)

Sept. 24,
1941
(5,131
banks)

Loans and discounts, including 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
banks

10,027, 773 10, 427, 466 10, 922, 483
7, 658, 549 8, 482,114 8, 856, 499
2, 094, 056 2,113, 876 2, 279, 453
2, 008, 472 2,147, 574 2, 020, 242
1, 694, 058 1, 634, 616 1, 590,191
209, 456

208, 409

203, 946

Tofalloans 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

25,015,102

25,877,277

26,476,214

212, 905

15,120, 067 14, 243, 808 14, 521, 658
594, 398
592,897
598, 722
108,197
9G, 568
103, 068
62, 415
47,154
60, 399
45, 519

11,470, 256
8, 593, 247
2, 534, 541
2, 068, 091
1, 606,133

15,142,138
591, 544
91, 620

61, 764
49,977

60, 629
39, 492

68,289
55, 857

61,469
53, 025

65,759
53, 710

39, 733, 962 40,193, 021 41, 314,635

Total assets .

62, 439
45, 736

42, 521,106

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
17,939, 331 18,070, 367 19,194,051
Time deposits of individuals, partnerships, and cor7, 954,096 8, 050,125 8,042, 313
porations
506, 709
478, 412
Deposits of U. S. Government, including postal savings540, 937
2, 358, 230 2, 530, 319 2, 529,179
Deposits of States and political subdivisions
6, 575. 298 6, 751,121 6,591,645
Deposits of banks
518, 750
407,137
453,178
Other deposits (certified and cashiers' checks, etc.)
Total 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 unpaidOther liabilities
Total liabilities

19,944,103
8,044, 337
603, 581
2, 578, 267
6,957, 718
410, 314

36,287,481

37,351,303

3,127

2,430

2,005

110

101

59

59

54,489

52, 371

59, 379

45, 931

46, 395
48, 082
192, 937

51, 299
59,775
167,198

55, 644
56, 215
191,889

59,998
68,168
171,034

36,197, 564

36, 620, 655 37, 716, 494

9,275

38, 892, 785

CAPITAL ACCOUNTS

Capital stock (see memoranda below) _
Surplus
Undivided profits
Reserves (see memoranda below)
Total capital accounts
Total liabilities and capital accounts_

1, 527, 237
1, 309, 533
467,984
231, 644

1, 526, 939
1, 319, 321
491, 310
234, 796

1, 523, 383
1, 336, 090
498, 376
240, 292

3, 536, 398

3, 572, 366

3, 598,141

3, 628, 321

39, 7337962 40,193, 021 41, 314, 635

42, 521,106

1, 514, 706
1, 350, 710
521, 283
241, 622

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 .




182, 019
13, 638
1, 333, 816

175,651
13, 374
1, 339, 894

171, 260
13,181
1, 340, 705

159,527
13, 098
1, 343, 743

1, 529,473

1, 528, 919

1, 525,146

1, 516, 368

233, 280
15, 523

224, 711
15, 290

219, 908
15,129

207, 724
15, 046

248, 803

240,001

235, 037

222, 770

10

REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks on dates indicated—Continued
[In thousands of dollars]
Dec. 31,
1940
(5,150
banks)

MEMORANDA—continued
Reserves:
Reserves for dividends payable in common stock...
Reserve for other undeclared dividends
Retirement account for preferred stock
Reserves for contingencies, etc

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
_. - _. . . _-.
.
-.

Secured liabilities:
Deposits secured by pledged assets pursuant to re*
quirements of law..
..
.
. ___ Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Other liabilities secured by pledged assets
Total

June 30,
1941
(5,136
banks)

Sept. 24,
1941
(5,131
banks)

5,381
8,571
21,396 I
196,296

f
1
234,796 1
I

6,667
8,494
20,503 1
204,628

241,622

231, 644

Total

Total-

Apr. 4,
1941
(5,144
banks)

234, 796

240, 292

241,622

2, 457,149

2, 477, 773

2, 673,112

2,787,388

644,363

629,253

601,405

580,382

89, 741
13,372

89,113
14,437

100,882
19, 344

101,866
27,152

3, 204,625

3, 210, 576

3, 394, 743

3,496,788

2,630, 448

2,659, 791

2, 746, 217

2, 802,808

2,558
508

2,064
485

1,984
521

8,613
649

2, 633, 514

2, 662, 340

2, 748, 722

2,811,970

EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS FOR
YEAR ENDED DECEMBER 31, 1940

Gross earnings of national banks in the year ended December 31,
1940, were $865,000,000, or $17,000,000 more than those of the
preceding year. Interest and discount on loans equaled $412,000,000
and interest and dividends on bonds, stocks, and other securities
$284,000,000. Expenses were $19,000,000 more than in the preceding
year, amounting to $600,000,000. Of this, salaries, wages, and fees
accounted for $261,000,000 and interest on deposits and borrowed
money, for $106,000,000. Net operating earnings were $265,000,000,
which were increased by $198,000,000 of recoveries. Recoveries on
loans were $37,000,000; recoveries on bonds, stocks, and other securities, $41,000,000; and profits on securities sold, $105,000,000. Losses
and depreciation of $222,000,000 were $4,000,000 less than in the
previous year. Losses on loans were $58,000,000 and losses on bonds,
stocks, and other securities, $108,000,000. Net additions to profits
before dividends were thus $241,000,000, and were $11,000,000 less
than those in the previous year. The ratio of net additions to profits
to capital funds was 6.96 percent. Dividends declared on common
and preferred stock in 1940 totaled $145,000,000, an increase of
$6,000,000 over the preceding year. The dividends were 9.46 percent
of capital stock and 4.19 percent of capital funds.




REPORT OF THE COMPTROLLER OF THE CURRENCY

11

Interest and discount on loans accounted for more than 47K percent
of the gross earnings in the year ended December 31, 1940, varying in
ratios from 36 percent in Federal Reserve district No. 7 to nearly 60
percent in district No. 11. Interest and dividends on investments
were approximately 33 percent of total earnings, with the banks in
district No. 11 showing the smallest ratio of 21 percent and those in
district No. 3 the largest ratio of 43 percent. Salaries, wages, and
fees were 30 percent of total earnings, ranging from nearly 25 percent
in district No. 3 to more than 33 percent in district No. 10. The net
operating earnings to gross earnings showed averages of from 27
percent in district No. 9 to 35K percent in district No. 3.
Interest and discount on loans to total loans were slightly less than
4% percent and varied from less than 3K percent in district No. 2 to
more than 5% percent in district No. 11. Interest and dividends on
bonds, stocks, and other securities averaged nearly 2% percent of
total investments, the banks in district No. 2 showing the lowest ratio
of 1% percent, while the banks in district No. 3 showed the highest
ratio of 3% percent. Profits on securities sold during the period were
less than 1 percent of total investments, varying from approximately
% percent in district No. 9 to slightly more than 1 percent in district
No. 3.
Net operating earnings were 7% percent of total capital funds, the
lowest ratio being 6% percent in district No. 2, and the highest ratio
nearly 11 percent in district No. 12. The net additions to profits
before dividends for the period were 7 percent of capital funds, the
ratios ranging from slightly less than 3 percent in district No. 3 to
nearly 11 percent in district No. 7.
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 1940. For banks
with deposits of more than $100,000,000 the ratio of net additions to
profits to gross earnings was 34}{ percent, while for banks of $500,000
deposits or less it was 19% percent.
Changes in the earnings and expense figures of national banks in the
year ended December 31, 1940, appear in the accompanying table:




12

REPORT OF THE COMPTROLLER OF THE CURRENCY

Earnings, expenses, and dividends of national banks for year ended Dec. 81, 1940
[In millions of dollars]
Year ended Increase or
decrease
Dec. 31,
for year
1940

Total
Expenses:
Salaries, wages, and fees
Interest on deposits and borrowed money
Taxes
Other expenses
Total

.

5,150
1,532
3, 464

-43
-30
-83

412
284
169

+25

865

Number of banks i
Capital stock (par value) 2
Capital funds 2
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other securities.
Other earnings

+17

261
106
66
167

+9
-8
+11
+7

-14

+6

600

+19

Net operating earnings

205

-2

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profit's on securities sold
Allother

37
41
105
15

-3

+7
+3

-20

Total

198

-13

Total net operating earnings, recoveries, etc

463

-15

58
108
28
28

-9
-1
0

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
Total

+6

222

Net profits before dividends
Dividends
Ratios:
Expenses to gross earnings
Net profits to net operating earnings.Net profits to capital funds
Dividends to capital stock
Dividends to capital funds

-4

241
145

— 11

Percent
69.36
90.94
6. 96
9.46
4.19

+6

Percent

+0.85
-3.44
-.49
+.56
+.08

1 At end of period.
2
Average of amounts shown by reports of condition for four calls from Dec. 30, 1939, to Dec. 31, 1940,
inclusive.

SIZE OF NATIONAL BANKS

The size of national banks in the United States and possessions
accordiog to deposits increased $4,239,000,000 in the calendar year
1940, although the number of such associations decreased by 43 in
the period. On December 30, 1939, national banks held deposits
totaling $31,613,000,000, as compared with $35,852,000,000 in 1940.
The average size of national banks in 1939 was $6,088,000; by 1940
the average size had increased to 86,962,000. In 1939, 48 percent of
the banks had deposits of $1,000,000 or less. In 1940 this ratio was
46 percent. Forty-three of the banks had $100,000,001 or more of deposits in 1939 and 35 banks had between $50,000,001 and $100,000,000.
In 1940 there were 46 banks with deposits of $100,000,001 or more and
37 banks with deposits of between $50,000,001 to $100,000,000. The



REPORT OF THE COMPTROLLER OF THE CURRENCY

13

average size of the 43 banks in 1939 with deposits of $100,000,001 or
more was $387,000,000. The 46 banks in this size group in 1940
averaged $431,000,000. The banks with $100,000,001 and over in
1939 had nearly 53 percent of the deposits in all national banks.
This size of banks had 55 percent of the deposits of all national banks
on December 31, 1940.
The following tabulation shows the distribution by size of national
banks in the calendar years 1939 and 1940:
Size of national hanks: On the basis of deposits, Dec. 30, 1989, and Dec. 31, 1940
[In millions of dollars]

Size groups

Number of
banks
1939

$100,000 and under
$100,001 to $250,000
$250,001 to $500,000
$500,001 to $750,000___i___
$750,001 to $1,000,000
$1,000,001 to $2,000,000._.
$2,000,001 to $5,000,000._.
$5,000,001 to $50,000,000 . _
$50,000,001 to $100,000,000
$100,000,001 and over

Total.

1940

23
340
891
711
549
1,165
876
560
35
43

15
289
812
689
553
1,195
919
595
37
46

5,193

5,150

Percentage distribution (number of banks)
1939

1940

Deposits

1939

Percent Percent
0.4
0.3
2
6.5
64
5.6
17.2
15.8
336
13.7
13.4
442
10.6
10.7
474
22.4
23.2
1,637
16.9
17.8
2,681
10.8
11.6
7,013
.7
.7
2,311
.9 16, 653
100.0

100.0

31, 613

1940

Percentage distribution (deposits)
1939

1940

Percent Percent
0
0
.2
.1
1.0
.9
1.4
1.2
1.5
1.3
5.2
4.7
8.5
7.9
22.2
21.6
2,509
7.3
7.0
19, 814
52.7
55.3
35, 852 100.0
100.0
1
55
309
426
481
1,681
2,842
7,734

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 sections 2 (b) and (c) of the Banking Act of 1933, as amended,
unless waived by the Comptroller. On September 24, 1941, the date
of the latest call, 950 of the national banks and 4 State member banks
in the District of Columbia reported 12,585 affiliates and holding
company affiliates, of which 10,341 were duplications reported by 216
banks. The actual number of affiliates, or 2,244, included 28 holding
company affiliates which controlled 189 active and 3 liquidating national banks, varying in number from 1 to 50 associations. Under the
waiver of requirement for reports of affiliates, it was necessary for only
500 banks to submit and publish 623 reports of affiliates and holding
company affiliates. Of the latter number 161 were duplications of
reports of holding company affiliates.
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, 1941, which revealed that 1,863 .of these institutions held
fiduciary permits with a combined capital of $1,247,143,634 and banking assets of $36,226,252,844, representing 36.27 percent of the
number, 81.86 percent of the capital, and 87.68 percent of the assets of
all banks in the national banking system.



14

REPORT OF THE COMPTROLLER OF THE CURRENCY

Trust departments had been established by 1,537 of these banks and
139,619 individual trusts were being administered with assets aggregating $9,556,934,045. Seven hundred and seventy-nine of these banks
were also administering 15,904 corporate trusts and were acting as
trustees for note and bond issues amounting to $9,130,832,237. Compared with 1940, these figures represent an increase of 1,990, or 1.42
percent, in the number of individual trusts being administered, an
increase of $211,514,363, or 2.21 percent, in the volume of individual
trust assets under administration; a decrease of 369, or 2.32 percent
in the number of corporate trusts, with a reduction of $186,868,190,
or 2.03 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
reveals that 73,361, or 47.17 percent, were those created under private
or living trust agreements; 66,258, or 42.60 percent, were trusts being
administered under the jurisdiction of the court, and the remaining
15,904, or 10.23 percent, were trusteeships under corporate bonds or
note-issue indentures. Private trust assets comprised $7,526,578,799,
or 78.75 percent, of the total assets under administration, while the
remaining $2,030,355,246, or 21.25 percent, belonged to court trusts.
An analysis of the $7,506,675,877 of invested trust funds belonging
to private and court trusts under administration reveals that 49.43
percent were in bonds, 32.45 percent in stocks, 6.56 percent in real
estate mortgages, 7.24 percent in real estate, and 4.32 percent consisting of miscellaneous investments.
The development of these activities in national banks is emphasized
by comparing the record in the last 10 years, which reflects an increase
of 47,177, or 33.78 percent, in the number of individual trusts being
administered; an increase of $4,314,942,653, or 45.15 percent in the
volume of individual trust assets under administration; and an increase
of 5,359, or 33.69 percent, in the number of corporate trusts.
Gross earnings from fiduciary activities aggregated $32,714,317 for
the fiscal year ended June 30, 1941, as against $31,702,000 in 1940,
an increase of $1,012,317.
Three hundred and fifty-four national banks were acting as trustees
under 1,723 insurance trust agreements, involving $74,809,319 in
proceeds from insurance policies, while 698 national banks had been
named to act as trustees under 15,278 insurance trust agreements not
yet matured or operative, supported by insurance policies with a face
value aggregating $582,312,770.
An analysis of the new trust accounts placed on the books of the
national banks between June 30, 1940, and June 30, 1941, reveals that
227 banks were named as trustees for 869 bond and note issues aggregating $643,842,939; 800 banks were named to act as individual
trustees under 6,077 agreements involving $237,331,396; 773 banks
were named to act under 3,009 executorships involving $245,138,859;
538 banks were named as administrators under 1,342 appointments
involving $21,964,423; 484 banks were named under 2,167 guardianships involving $15,846,859; 16 banks were named to act as assignees
in 53 instances involving $1,029,747; 28 banks were named to act in
38 receiverships involving $537,788; 127 banks were named to act as
committee of estates of lunatics in 269 cases involving $3,724,588; and
389 banks were named to act 5,161 times in miscellaneous fiduciary
capacities other than those enumerated above involving $504,600,801.



15

REPORT OF THE COMPTROLLER OF THE CURRENCY

The following table shows the activities of national banks in the
trust field on June 30, 1931, 1936, and 1941. 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 10 years
1936

1931

Number of national banks with trust powers administering trusts
1,856
Gross earnings from trust departments
$26,888,000
Number of individual trusts being administered
92, 442
Total volume of individual trust assets
$5, 241, 991, 392
Number of corporate trusts being administered. _ . . _
_
10, 545
Total amount of bond and note issues trusteed
$10, 719, 846, 426
Number of insurance trusts being administered
-_
554
Total volume of insurance trust assets
$21, 667,964

1,573
$30,259, 000
132,842
$9, 564, 651, 286
16,997
$11,167, 569,142
1,154
$56, 956,881

1941

1,537
$32, 714,000
139, 619
$9, 556,934, 045
15,904
$9,130,832, 237
1,723
$74,809,319

Distribution of banks exercising trust powers and number and amount of trusts by
size of bank capital, June 30, 1941

Size of capital of bank

$25,000
$25,001 to $50,000-,
$50,001 to $100,000.
$100,001 to $200,000
$200,001 to $500,000
$500,001 and over_.

Number Number of trusts being adof banks
ministered
exercising
trust
powers Private
Court Corporate

Liabilities to trusts
Private

Court

13
62
283
461
425
293

22
301
2,734
11,342
16,955
34,904

1
12
175
793
1,491
13,432

$651,918
786,008
19,885,419
153,035,749
419,049, 594
), 933,170, 111

$178,590
3,748,601
23,915,846
108,832,699
284,248, 509
1,609,431,001

1,537

Total

38
114
1,259
6,183
13, 086
52,701
73,361

66,258

15,904 7, 526, 578, 799

2,030,355,246

NATIONAL BANK NOTES OUTSTANDING

There were, as of October 31, 1941, $147,638,735 of national-bank
notes still outstanding.
BANKS IN THE DISTRICT OF COLUMBIA
On June 30, 1941, there were 22 banks in the District of Columbia,
of which 9 were national. These associations had loans and discounts
aggregating $138,000,000 on the date indicated, an increase of
$17,000,000 over the previous year. Their investments of $144,000,000
increased $9,000,000 in the year. Cash and balances with other banks,
including reserve balances, increased $41,000,000 to $200,000,000.
Total deposits were $451,000,000, an increase of $66,000,000 over
1940. The demand deposits of $325,000,000, which included deposits
of individuals, partnerships, and corporations of $273,000,000, increased $59,000,000 since June 29, 1940. Time deposits amounted to
$126,000,000, all but $12,000,000 of which were savings deposits.
Surplus, profits, and reserves accounted for $31,000,000 of the capital
funds, which totaled $50,000,000. Figures with respect to the asset
and liability items of banks in the District of Columbia on June 30,
1941, appear in the accompanying tables:



16

REPORT OF THE COMPTROLLER OF THE CURRENCY

Changes in principal items of assets and liabilities of banks in the District of Columbia,
year ended June SO', 1941.
[In millions of dollars]
June 1941
Number of banks _

Changes in
12 months

22

. . -.

0

55

+6
0
+11

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 Eeserve bank

3
80
138

+17

+41
+67

273
52
325

_ ..

200

+46
+13

114
12

+7

126

Total assets

+9

504

Total "investments
Cash, balances with other banks, including reserve balances, and cash items in
process of collection
__
..
__

+11
+1

144

__

94
27
2
19
2

+7

-1
—2
0

LIABILITIES

Demand deposits:
Individuals, partnerships, and corporations
Other

Time deposits:
Savings
Other

-- -.

_ _

-.

+59

0

Total deposits

-

451

+66

Total liabilities, excluding capital accounts

—

454

+65

_

1
1
17
31

0
0
0

+2

»

50

+2

Total liabilities and capital accounts

504

+67

CAPITAL ACCOUNTS

Capital stock, capital note? and debentures:
Capital notes and debentures
_.
Preferred stock
Common stock
Surplus, profits, and reserves
Total capital accounts _




-

17

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of banks in the District of Columbia, by classes, June 30, 1941 l
[In thousands of dollars]
Total all National
banks
banks

Number of banks

Trust
companies

Savings
and State
banks

22

9

5

8

37,409
2

28,560
2

4,191

4,658

704
780

387

353

704
40

2,328

1,264

589

475

58
38,806
16,021
41, 758
30

13
13, 336
5, 474
15,399
22

24
17,940
9,626
10, 272
3

21
7,530
921
16,087
5

137, 896

64, 457

42,998

30,441

8,990
1,302
27, 275
54, 624
1,832

6,895
484
13,012
33, 785
709

1,823
680
13,924
19,824
1,112

272
138
339
1,015
11

94,023

54, 885

37, 363

1,775

5,026
16, 582
1,967
3,501

. 4,291
12,152
40
2,215

534
3,431
1,805
684

201
999
122
602

27,076

18, 698

6,454

1,924

2
1
923
1,478

236
823

2
1
687
640

15

2,404

1,059

1,330

15

2,540
5,668

808
4,601

1,604
494

128
573

3,544
3,603
2,369
649
861

1,202
1,419
1,205
149
568

2,040
2,063
949
436
268

302
121
215
64
25

19, 234

9,952

7,854

1,428

475

429
261
24
361

51

ASSETS

Loans and discounts:
Commercial and industrial loans
Agricultural loans
Open-market paper: Commercial paper bought in open
market .
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 fann)..
On other properties
_.._
All other loans. .
Overdrafts
Total
Investments:
TJ. S. Government obligations, direct and guaranteed:
Direct obligations:
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
TotalObligations guaranteed by U. S. Government:
Reconstruction Finance CorporationHome 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
Other Government corporations and agencies
Other domestic corporations:
Railroads _
Public utilities
Industrials.
All other
Foreign—public and private
Total
Corporate stocks:
Federal Reserve bank
Affiliates of reporting banks
Other domestic banks_
Other domestic corporations
Foreign corporations
Total...
Total investments

See footnote at end of table.




955
261 .
40
554
1

11
187
1

5
6

1,811

674

1,075

62

144, 548

85, 268

54, 076

5,204

18

REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of banks in the District of Columbia, by classeSj
June 80,191,1 l>—Continued
[In thousands of dollars]
Total all National
banks
banks

Trust
companies

Savings
and State
banks

ASSETS—continued
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)
Currency and coin
Reserve with Federal Reserve bank and approved reserve
agencies _
_
_
Total

Total assets

_

4,678

2,169

16,077

3,397

263

3

60

200

25
12,796

21
7,877

3
3,012

1
1,907

109,632

78,963

22,713

7,956

137,781

46, 543

15,630

15, 259
2, 771

7,089
596

7,076
2,150

1,094
25

2,539
4

4

2,196

343

479
443

133
247

315
153

31
43

503,893

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

11,888
39,029

199,954

_

18,735
58,503

295, 575

155, 507

52,811

273,219
2,190
51

171,797
1,256
45

79,060

22,362
137
6

44,061

42,055

263

249

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 (including 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 bank (transit account) __

_

Postal savings deposits
Deposits of banks in the United States (including private
banks and American branches of foreign banks)
_

__

Total 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

240
14

5,494
325,278

4,279
219, 681

799
82,436

23,161
416

47,159
1,593
373
1,249
1,181.

47,425
897
656

18,741
20
3,796
1,228
381

124, 699

Time deposits:
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

Total time deposits

1,766

113, 325
1, 613
4,169
3,374
2,218

Total demand deposits

Total

797

51, 555

48,978

24,166

112

100

615

50a

50

65

12

125,426

52,155

49,028

24,243

450, 704

271,836

131, 464

47,404

4

4

608
878
2,063

170
304
1,214

15
389
717

423
185
102

454, 257

273, 558

132, 585

48,114
•

See footnote a t end of table.




*

'•'•'

REPORT OF THE COMPTROLLER OF THE CURRENCY

19

Assets and liabilities of banks in the District of Columbia, by classes,
June 80, 1941 1—Continued
[In thousands of dollars]
Total all National
banks
banks

Trust
companies

Savings
and State
banks

CAPITAL ACCOUNTS

Capital notes and debentures
Capital stock (see memoranda below)
Surplus
Undivided profits
_ __
Reserves (see memoranda below)
Total capital accounts
Total liabilities and capital accounts

525
18, 500
17,996
10, 416
2,199

8,600
7,360
5,237
820

8,400
8,977
4,554
991

525
1, 500
1,659
625
388

49, 636

22,017

22, 922

4,697

503,893

295, 575

155, 507

52,811

1,100
17, 400

900
7,700

8,400

200
1,300

8,400

1,500

MEMORANDA

Par value of capital stock:
Preferred stock
Common stock
Total

18,500

8,600

Retirable value of preferred stock

1,103

900

203

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

6

6

110
2,083

820

991

110
272

2,199

820

991

388

19,172

12, 504

6,311

357

414

414

Total...
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
Other liabilities secured by pledged assets
Total

4,814

2,369

2,305

140

24,400

15, 287

8,616

497

12, 889
1

7,989

4 739

161
1

12,890

7,989

4,739

162

i Exclusive of the Export-Import Bank of Washington.

Reserves of Nonmember Banks in the District of Columbia

Under the Code of Law for the District of Columbia nonmember
banks in the District are required to establish and maintain reserves
on the same basis as prescribed for national banks in the District,
except that the reserves are carried with designated member banks in
the District of Columbia and New York City.
In the year ended October 31 four calls were made on the nonmember banks and the average amount of net demand and time deposits
held by these associations in the period was $25,200,000 in comparison
with $32,300,000 in the previous year, when there wrere 8 such banks.
The reduction in the average during the current year is due to the
fact that 2 of the banks became members of the Federal Reserve



20

REPORT OF THE COMPTROLLER OF THE CURRENCY

System. The ratio of reserves required against deposits averaged
nearly 10 percent, while the ratio of reserves held averaged slightly
less than 24 percent. Figures showing the reserves of nonmember
banks appear in the accompanying table:
Reserve of nonmember banks in the District of Columbia at date of each call during
year ended Oct. 811 1941
[In thousands of dollars]
Dec. 31,
1940
Number of banks
Net demand deposits subject to reserve
Time deposits.
Net demand plus time deposits
Reserve with reserve agencies:
Required
Held
Excess

_

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

_

7
11,024
13, 579
24, 603

7
11,806
14, 611
26,417

7
11,848
15,176
27,024

6
10,458
12,488
22,946

_..

2,002
5,771
3,769

2,797
6,740
3,943

2,832
6,210
3,378

2.455
5,417
2,962

Ratio of required reserves to net demand plus time
deposits
Ratio of reserves held to net demand plus time deposits..

Percent
8.14
23.46

Percent
10.59
25.51

Percent
10.48
22.98

Percent
10.70
23.61

Earnings, Expenses, and Dividends of Banks in the District of Columbia
Gross earnings of all active banks in the District of Columbia in
the calendar year 1940 were $12,192,000, or $280,000 more than in
the previous year. Interest and discount on loans accounted for
$5,652,000 and interest and dividends on bonds, stocks, and other
securities $3,363,000. Expenses were $315,000 more than in the
preceding year, amounting to $9,019,000. Of this, $4,186,000 were
salaries, wages, and fees, and $1,667,000 interest on deposits. Net
earnings were $3,173,000, which were increased by $1,511,000 of recoveries. Recoveries on loans were $193,000, recoveries on bonds, stocks,
and other securities $351,000, and profits on securities sold $830,000.
Losses and depreciation at $1,698,000 were $147,000 less than in the
preceding year. Losses on loans were $371,000, and losses on bonds,
stocks, and other securities $732,000. Net additions to profits before
dividends were $2,986,000, or $469,000 less than in 1939. The ratio
of net additions to profits to capital funds was 6.20 percent. Figures
of earnings, expenses, and dividends appear in the accompanying
table:




REPORT OF THE COMPTROLLER

OF THE

21

CURRENCY

Earnings, expenses, and dividends of all banks in the District of Columbia for the
year ended Dec. 81, 1940
[In thousands of dollars]
Year ended Increase or
Dec. 31, 1940 decrease for
year
Number of b a n k s l
Capital stock 2(par value), capital notes and debentures 2
Capital funds
_'___

5, 652
3, 363
3,177

+446
-208
+42
+280

4,186
1,667
1,118
2,048

Total
Expenses:
Salaries, wages, and fees
Interest on deposits._.._
Taxes
Other expenses

0
-179
+1,225

12,192

Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other securities
Other earnings

22
19,624
48,191

+182
-3

+77
+59

9,019

+315

.

3, 173

-35

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
Allother

193
351
830
137

+56
-142
-578
+83

Total
Net operating earnings

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

1,511

-581

4, 684

-616

371
732
402
193

+114
-313
+72
-20

1,698

-147

Net addition to profits

2,986

-469

Interest and dividends

1,500

+34

Percent
73.97
94.11
6.20
7.64
3.11

Percent
+.90
-13.59
-1.16
+ 24
-.01

Total

Ratios:
Expenses to gross earnings.
Net addition to profits to net operating earnings
Net addition to profits to capital funds
Interest and dividends to capital stock, capital notes and debentures
Interest and dividends to capital funds

1 At end of period.
2 Average of amounts shown by reports of condition for 4 calls from Dec. 30,1938 to Dec. 31,1940, inclusive.

Building dnd 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 December 31, 1940, amounted to $146,650,000,
an increase of $9,157,000 in the year. Loans increased $7,937,000 to
$137,628,000, and investments of $1,724,000 showed an increase of
$153,000. Shares of stock outstanding increased $7,171,000 to
$125,160,000, and surplus, profits, and reserves of $16,073,000 increased $1,745,000. Changes in the principal items of assets and
liabilities of District building and loan associations are shown in the
following table:



22

REPORT OF THE COMPTROLLER OF THE CURRENCY

Changes in principal items of assets and liabilities of District of Columbia building
and loan associations, year ended Dec. 31, 1940
[Amounts in thousands of dollars]
Dec. 31,
1940
Number of associations
Loans
Investments
Cash and bank balances
Total assets
Shares
Surplus, profits, and reserves
Number of borrowing members
Number of nonborrowing members.

26
137, 628
1,724
4,833
146, 650
125,160
16,073
37, 711
104,147

Change in
12 months
0
+7,937
+153
+829
+9,157
+7,171
+ 1 , 745
+ 1 . 588
+3,659

District oj Columbia Credit Unions
On December 31, 1940, the 25 District of Columbia credit unions
under the supervision of the Comptroller of the Currency reported
loans of $1,699,000, investments of $274,000, and cash and deposits
in banks of $251,000, which increased respectively in the year $288,000,
$100,000, and $100,000. Shares paid in were $1,996,000, an increase
of $445,000 in the year, and surplus, profits, and reserves increased
by $55,000 to $214,000. Changes in the principal items of assets
and liabilities of these credit unions appear in the following table:
Changes in principal items of assets and liabilities of District of Columbia credit
unions, year ended Dec. 31, 1940
[Amounts in thousands of dollars]
Dec. 31,
1940
Number of credit unions
Loans
Investments
Cash and deposits in banks
Total assets
Shares
1
Surplus, profits, and reserves
Number of borrowing members
Number of nonborrowing members

25
1,699
274
251
2,227
1,996
214
12,423
9,255

Change in
12 months
0
+288
+100
+100
+489
+445
+55
+746
+875

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 ended October 31, 1941,
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:




REPORT OF THE COMPTROLLER OF THE CURRENCY

23

Assets and liabilities of the Export-Import Bank of Washington at date oj each call
in year ended Oct. SI, 1941
[In thousands of dollars]
D e c . 31,
1940

A p r . 4,
1941

J u n e 30,
1941

Sept. 24,
1941

ASSETS

Total

82,836
22, 588
10
48,195
1,161

111,282
69, 713
11
55, 066
2,095

113,776
68, 771
15
53, 511
2,355

142,286
41,680
14
62, 618
2,547

154, 790

Loans and discounts
Balances with other banks and United States Treasurer, etc
Furniture and fixtures
•Customers' liability on acceptances outstanding
Other assets

238,167

238,428

249,145

25,000
48,196
306

55,066
240

53,511
267

62, 618
266

74,000
1,000
6,030
258

174,000
1,000
7,603
258

174,000
1,000
9,392
258

174,000
1,000
11,003
258

154, 790

238,167

238,428

249,145

LIABILITIES AND CAPITAL ACCOUNTS

Bills payable, rediscounts, and other liabilities for borrowed
money
:.__
__
Acceptances executed and outstanding
Other liabilities
...
Capital stock:
Preferred
Common
Undivided profits
Reserves
Total

CHANGES IN PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF STATE
AND PRIVATE BANKS, YEAR ENDED JUNE 30, 1941

On June 30, 1941, there were 9,783 active banks other than national
in the United States and possessions, of which 9,179 were State commercial banks, including loan and trust companies and stock-savings
banks, 550 were mutual savings banks, and 54 were private banks.
The State and private banks had loans and discounts, including
overdrafts, of $14,621,000,000, an increase of $1,243,000,000 in the
year. State commercial banks held $9,609,000,000 of loans, which
increased $1,206,000,000 in the year. Mutual savings banks had
$4,958,000,000 of loans, all but $100,000,000 of which were on real
estate. The total Joans of private banks were $54,000,000. State
commercial banks had commercial and industrial loans of $3,216,000,000 and real-estate loans of $2,591,000,000. Open-market
paper, loans to banks, and miscellaneous loans, including agricultural
loans, of the commercial banks amounted to $3,067,000,000, $300,000,000 more than a year earlier.
United States Government direct obligations held by the commercial banks aggregated $7,031,000,000, an increase of $1,161,000,000
in the year. Mutual savings banks increased their holdings of such
securities by $373,000,000 to $2,970,000,000. Total United States
Government direct obligations held by all State and private banks
increased $1,521,000,000 to $10,036,000,000. Obligations guaranteed
by the United States Government held by the commercial banks
amounted to $1,937,000,000, or $369,000,000 more than in June 1940.
Mutual savings banks held $456,000,000 of such securities, a decrease
of $60,000,000 in the year. Obligations of States and political subdivisions held by the commercial banks aggregated $1,644,000,000 on
June 30, 1941, which was a decrease of $14,000,000. Such holdings
,by mutual savings banks were $536,000,000, or $97,000,000 less than
438775—42
3



24

REPORT OF THE COMPTROLLER OF THE CURRENCY

a year ago. Other bonds, notes, and debentures held by the commercial banks amounted to $1,412,000,000 and by mutual savings
banks, $1,229,000,000, the former representing an increase of $14,000,000 and the latter a decrease of $119,000,000. Corporate stocks held
by all State and private banks, including stock of Federal Reserve
banks, aggregated $496,000,000, decreasing $16,000,000 in the year.
Cash in vaults of State and private banks on June 30, 1941,
amounted to $699,000,000, increasing $133,000,000 over the year
previous. Balances with other banks, including reserve balances,
aggregated $11,659,000,000, an increase of $418,000,000 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 the commercial banks aggregated $22,432,000,000,
an increase of $2,874,000,000. Private banks held $138,000,000 of
such deposits, an increase of $7,000,000 during the year. Commercial
banks held demand deposits of individuals, partnerships, and corporations of $16,279,000,000, an increase of $2,366,000,000. Savings
deposits amounted to $6,244,000,000 in the commercial banks and
$10,584,000,000 in mutual savings banks, increases of $172,000,000
and $10,000,000, respectively. The total time deposits of all State
and private banks increased by $237,000,000 to $18,624,000,000.
Total deposits in such banks increased $3,119,000,000 in the year
and amounted to $41,198,000,000 on June 30, 1941, of which amount
$30,397,000,000 were in the commercial banks, $10,648,000,000 in
mutual savings banks and $153,000,000 in private banks.
Mutual savings banks had no capital stock, but their surplus,
undivided profits, and reserves amounted to $1,310,000,000, an
increase of $22,000,000 in the year. Total capital funds of the commercial banks were $3,590,000,000, an increase of $62,000,000 during
the year.
Figures with respect to the above-mentioned asset and liability
items appear in the accompanying table:




25

REPORT OF THE COMPTROLLER OF THE CURRENCY

Changes in principal items of assets and liabilities of State and private banks, year
ended June SO, 1941
[In millions of dollars]
All State and
private banks
June
1941
Number of banks

.

Change
in 12
months

State (commer- Mutual savings
cial) i
June
1941

Change
in 12
months

June
1941

9,783

-64

9,179

-60

550

3,246
7,451

+682
+196

3,216
2,591

+671
+173

4,858

Change
in 12
months

Private 2

June
1941
54

Change
in 12
months
-3

ASSETS

Loans and discounts:
Commercial and industrial loans.
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 .

30
2

748

+60

735

+62

1

3,176

+305

3,067

+300

99

+8

9,609 +1, 206

4,958

+31

54

7,031 +1,161

2,970 +373
-60

12

536

-97

Total loans and discounts. _. 14,621 +1, 243

17, 775 +1,605

Cash, balances with other banks,
including reserve balances, and
cash items in process of collection._ 12,358

+551

1,937

+369

+.16

12

+6

-13
+11
6
-5

1,644

-14

1,412

+14

1,229 -119

11

+1

319

-19

+4
5,362 +101

6

-1

70

-7

+2

12, 343 +1,511
11,342

171

+560

968

-11

48

46, 514 +3,185

34,335 +3,141

11,996

+44

183

16,377 +2,372
6,197
+510

16, 279 +2,366
6,153
+508

3
1

+1
+.44

_ 22, 574 +2,882

22,432 +2,874

4

Total assets

-2

35

456

+11
+.11

10

Investments:
U. S. Government direct obligations
10,036 +1, 521
Obligations guaranteed by U. S.
Government
2,405
+320
Obligations of States and political subdivisions
_
2,186
-116
Other bonds, notes, and debentures
2,652
-104
Corporate stocks, including
496
-16
stock of Federal Reserve banks.
Total investments.-

+23

+.92

LIABILITIES

Demand deposits:
Individuals, partnerships, and
corporations
..
Other
Total demand deposits
Time deposits:
Savings
Other

95
43

+5
+2

+1

138

+7
+1

6,244
1,721

+172
+49

10,584 +10
60 +6

7,965

Total time deposits

16,836
1,788
18,624

+221

10, 644 +16

8
7
15

Total deposits

41,198 +3,119

30,397 +3,095

10, 648 +17

153

+7

41,587 +3,107

30,745 +3,079

10,679 +23

163

+5

Total liabilities,
capital accounts

excluding

+183
+54
+237

-.18

CAPITAL ACCOUNTS

Capital stock, capital notes and debentures:
Capital notes and debentures...
Preferred stock
Common stock
_.
Surplus, profits and reserves
T ot al capital accounts
Total liabilities and capital
aecounts.

115
148
1,269
3,395

-13
-11
-1
+103

108
148
1,262
2,072

+1
+84

1,310 +22

7
13

2
-3

4,927

+78

3,590

+62

1,317 +21

20

-5

34,335 +3,141

11.996 +44

183

46, 514 +3,185

-12
-11

7

1 Includes loan and trust companies and stock savings banks.
2
Excludes private banks which do not report to State banking departments.




-1

+.92

26

KEPORT OF THE COMPTROLLER OF THE CURRENCY
DISTRIBUTION OF ALL BANKS

On June 30, 1941, there were 14,919 banks in the United States and
its possessions, of which 5,130, or 34 percent, were national banks,
members of the Federal Keserve System. Of these, 13,476, or 90
percent, were insured banks. All banks had deposits of $78,549,329,000, 47 percent of which was in member national banks and 86
percent of which was in insured banks. There were 550 mutual savings banks which had $10,648,489,000 of deposits.
Classification of all banks, June 80, 1941
Banks

Deposits
Change
in 12
months
(percent
of grand
total)

Change
in 12
months
(percent
of grand
total)

Number

National banks
State member banks:
Commercial..
Mutual savings
Nonmember insured banks:
State commercial i _
Mutual savings
Total insured banks
Nonmember uninsured banks: 2
State commercial and private
Mutual savings
.
___
Total

Percent
of grand
total

5,130

34.39

$37,273,221

47.45

+1.05

1,423
3

9.54
.02

+1.33 21,230,552
+.02
7,736

27.03
.01

+.73
+.01

6,870
50

46.05
.33

-1.11
-.01

7,112,875
1,794,811

9.06
2.28

-.35
+.27

13,476

90.33

+.23

67,419,195

85.83

+1.71

946
497

6.34
3.33

-.23

2,284,192
8,845,942

2.91
sll. 26

-.04
-1.67

14,919

100.00

78,549,329

100.00

Amount
(000
omitted)

Percent
of grand
total

i Includes 3 nonmember insured national banks.
* Includes 3 nonmember uninsured national banks.
NOTE.—Deposit insurance assessments paid by all insured banks to the Federal Deposit Insurance Corporation in the year ended June 30,1941, amounted to $48,736,294.84, of which $26,623,816.31, or 54.63 percent,
was paid by national banks.




Assets and liabilities of all active banks in the United States and possessions, June SO, 1941
[In thousands of dollars]
Total all
banks

Number of banks

_-.___

_.

,_

,

.

._.

.

14,919

National
banks

5,136

Banks other than national
All banks
other than
national State (com' Mutual Private2
mercial) l
savings
9,783

9,179

550

M
O

54

ASSETS

Loans and discounts:
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
1 Includes trust companies and stock savings banks.
2 Excludes private banks which do not report to State banking departments.




7,944,418
1, 211, 640
638, 008
615, 086
726, 371

4, 698, 523
620, 833
361,117
237, 898
355, 985

3, 245,895
590, 807
276,891
377,188
370, 386

3,216,055
590,160
263, 950
371,139
364, 020

402
115
9,420
30
667

29,438
532
3,521
6,019
5,699

601, 598
7, 931, 331
1,100, 376
45. 777
4, 716, 787
12,046

233, 956
1, 456, 662
491,043
20, 436
2,439, 476
6,554

367, 642
6,474, 669
609, 333
25, 341
2, 277, 311
5,492

352,181
1, 671, 308
567,492
25, 341
2,182,060
4,948

15, 051
4,801, 591
41, 671

410
1,770
170

38

506

25, 543, 438 10, 922, 483

14, 620,955

9, 608, 654

4,957, 967

54, 334

18, 892, 790

8, 856, 499

10, 036, 291

7,030,957

2, 969, 887

35,447

1, 532, 277
1, 743. 519
605, 095
803, 380

548, 294
1, 046, 672
279.849
404, 638

846, 825
489, 396
257,980
342, 351

131, 373
205, 819
67,093
51,852

5,785
1,632
173
4,539

3, 426, 024

47, 576

23, 577, 061 11,135, 952

983,
696,
325,
398,

983
847
246
742

12, 441,109

8,967, 509

a

i

o

Assets and liabilities of all active banks in the United States and possessions, June 30, 1941—Continued

to
00

[In thousands of dollars]

Total all
banks

ASSETS—continued
Investments—Continued.
Obligations of States and political subdivisions.._
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 _
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.




National
banks

Banks other than national
All banks
other than
State (com- Mutual
national
Private
mercial)
savings

s
3

4,206, 526

2, 020, 242

182,756
199, 523
190, 793

111, 872

1,508,727
1,061, 543
667, 369
204,031
227, 373

449, 558
306, 258
344, 975
68, 556
97,122

2,186, 284

1,644, 111

536, 244

5,929

81, 772
88,657
78, 921

73, 264
84, 748
76, 972

4,667
3,203
1,373

3,841
706
576

130, 251

418, 495
295, 592
277, 939
102,104
82, 921

639, 613
457, 735
42, 587
32, 777
47,079

1,061
1,958
1,868
594
251

2,651,924

1, 412,035

1, 229,034

10,855

489,875
5,746

312, 999
5,743

170,936
3

5,940

32, 729, 732 14,954, 794 17, 774,938 12, 342, 397

5, 362, 241

70, 300

709,458
698,848
620, 896
1,408, 306
25,471,008 13, 812, 200 11,658, 808 10, 720, 782
592, 897
629, 303
508, 833
1, 222, 200
96, 568
737, 785
238, 503
834,353
61, 764
82, 644
69, 072
144, 408
49,977
40, 383
34,070
90, 360
61,469
96,492
55,006
157,961

76, 281
891, 847
119, 942
498, 304
13, 545

1,671
46,179
528
978
27
6,313
232

4, 242,115
697, 086
6,944

100,984
110,866

1, 590,191
207, 211
1,198

1, 059,169

755, 285
322, 394
135,475

o

34, 726

2,773

87,828, 719 41, 314, 635 46, 514,084 34,334, 642 11,996,107

183,335

226,953

53,025

173, 928

136,429

41, 254

O

d

LIABILITIES

Demand deposits:
Deposits of individuals, partnerships, and corporationsDeposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks in the United States
D eposits of banks in foreign countries

3,012
66
441
52
1

35, 571, 528 19,194,051 16,377,477 16, 278,852
234, 623
234, 557
733,523
498,900
3, 634, 724 2, 200, 817 1, 433, 907 1,431,951
9,893, 403 6,151, 745 3, 741, 658 3, 722,130
432,172
411, 523
769,805
337, 633

95,613
1,515
19,476
20, 648

50, 602, 983 28, 383,146 22, 219, 837 22,079,013
3,572
Total demand deposits-.
Time deposits:
Deposits of individuals, partnerships, and corporations:
23,988, 580 7,152, 681 16, 835, 899 6, 244, 300 10, 584, 220
Savings deposits
1,174,919
504, 332
670, 587
666, 871
442
Certificates of deposit
129,477
74, 339
55,138
73, 867
472
Deposits accumulated for payment of personal loans _
235,132
143, 895
91, 237
85,006
Christmas savings and similar accounts
57, 928
719,076
238, 925
480,151
Open accounts
477, 690
377
66, 803
24, 766
42,037
Postal savings deposits
24, 766
505, 305
176, 943
328, 362
Deposits of States and political subdivisions
175, 937
810
311,919
214, 975
96, 944
Deposits of banks in the United States
214, 607
167
7,304
1,981
Deposits of banks in foreign countries
5,323
1,981
Total time deposits
27,138, 515 8, 514, 979 18, 623, 536 7, 965,025 10, 644,416
Other deposits (certified and cashiers' checks (including dividend checks), letters of credit and travelers'
354, 653
352, 962
checks sold for cash, and amounts due to reserve agents (transit account))
453,178
807, 831
501

137, 252

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) _

152,537

78, 549, 329 37, 351, 303 41,198,026
22, 559
106, 594
101,181
114, 899
409, 638

20, 554
47, 215
45, 537
58, 684
217, 690

961
2,084
196
201
14,095
1,190

337
8,525
21,811

292
7,121
66
128
3,347

79, 304, 200 37, 716,494 41, 587, 706 30, 745,039 10, 679,176

Total liabilities-

2,005
59, 379
55, 644
56, 215
191,948

30, 397,000 10,6

7,379
3,274

163,491

20, 248
40, 094
45,134
50,031
192, 532

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 debenturesTotal capital accounts
Total liabilities and capital accounts -




114, 683
331, 945
2, 608, 377
3, 616, 763
1, 247,041
605, 710

184,441
1, 338,942
1, 336,090
498, 376
240, 292

114, 683
147, 504
1, 269, 435
2, 280, 673
748, 665
365, 418

107,542
147,504
1, 262, 525
1, 396, 448
436, 706
238,878

872, 796
311, 622
125, 372

8, 524, 519

3, 598,141

4,926, 378

3, 589, 603

1, 316, 931

7,141

87,828, 719 41, 314, 635 46, 514,084 34, 334, 642 11,996,107

6,910
11, 429
337
1,168
19,844
183,335

30

REPORT OF THE COMPTROLLER OF THE CURRENCY
REPORTS FROM NATIONAL BANKS

National banks in the continental United States, Alaska, the
Territory of Hawaii, and the Virgin Islands of the United States were,
in accordance with the provisions of section 5211 of the Revised
Statutes, called upon to submit four reports of condition during the
year ended October 31, 1941. Reports were required as of December
31, 1940, and April 4, June 30, and September 24, 1941. 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
earnings, expenses, and dividends, one for the half-year ended December 31, 1940, and one for the half-year ended June 30, 1941; also
reports of condition of all domestic and foreign branches of national
banks as of June 30, 1941.
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, 1941.
In accordance with section 298 of the Code of Law for the District
of Columbia, banks other than national in the District were required
to make to the Comptroller all condition reports and reports of earnings, expenses, 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 reports of their assets and liabilities as of December 31,
1940, and reports of receipts and disbursements for the year ended
December 31, 1940.
Detailed figures for reports of condition and earnings and dividends
are published in the appendix to this report.
EXAMINATION OF NATIONAL BANKS
The National Bank Act requires that each national bank be examined
at least twice each year in order that the Comptroller may be kept
currently informed of its condition and require such corrections as
are deemed necessary with a view to maintaining each bank in sound
condition. In addition to the regular examinations, special examinations are conducted of banks the condition of which is regarded as
unsatisfactory.
During the 12 months ended October 31, 1941, 9,927 examinations
of banks, 3,128 examinations of branches, 2,544 examinations of trust
departments, and 110 examinations of affiliates were conducted.
Thirteen State banks were examined in connection with conversions
to or consolidations with national banks. Investigations were also
conducted in connection with applications for 8 new charters and 63
new branches.




REPORT OF THE COMPTROLLER OF THE CURRENCY

31

There are 12 examining districts in the country, each of which is
administered by a district chief national bank examiner, who is
assigned an appropriate number of examiners, assistant examiners,
clerks, and stenographers. The 12 districts are divided into subdistricts, each in charge of an examiner. In Washington, the chief national bank examiner has 7 assistants who review for him the reports
of examination.
LIQUIDATION OF INSOLVENT NATIONAL BANKS *
During the year ended October 31, 1941, there were 3 nationalbank failures involving total deposits of $2,182,008. There have
now been 20 national-bank failures since the banking holiday of 1933
with total deposits at failure of $14,030,960. All deposit accounts of
17 of these banks which failed during the period 1934 to 1941, inclusive, subsequent to the effective date of bank-deposit insurance by
the Federal Deposit Insurance Corporation, were insured up to the
amount of $5,000.
Further substantial progress in completing the work of liquidating
insolvent national banks has been made during the past year. The
number of receiverships in process of liquidation has been reduced
from 255 to 156, and the number of receivers from 88 to 56. The
book value of remaining assets held by such active receiverships has
been reduced from $337,904,000 to $193,863,000, while estimated
recoverable values have been reduced from $87,267,000 to $57,471,000.
Total collections by receivers during the year from assets of the 258
insolvent national banks administered, including offsets allowed and
collections of interest, premiums, rents, etc., amounted to $40,504,442.
Total costs of liquidation of these insolvent national banks for the
year amounted to $4,914,613, or an average of 12.13 percent of total
collections from all sources including offsets allowed. This average
cost of liquidation exceeds somewhat comparable average costs during previous years by reason of the increased average liquidation age
of receiverships administered and the fact that percentage costs of
liquidation are comparatively low during the early years of receivership administration but increase progressively from date of failure to
date of final closing. Costs of liquidation have furthermore been
considerably increased during recent years 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
during the year appears in the following statement:
i Including District of Columbia nonnational banks and building and loan associations.




32

REPORT OF THE COMPTROLLER OF THE CURRENCY

Liquidation statement, activity for year, 258 receiverships in liquidation, year ended
Oct. 31, 1941
Total all receiverships

Number of banks

253

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)
Increase in 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
Cash balances in hands of Comptroller and receivers at
end of period
Total
Average percent total costs of liquidation to total collections,
including offsets allowed
1

District of
Columbia
nonnational
bank receiverships

$60,000,106
27,164, 749
2, 354, 291
7, 310, 937
3, 674,465

National
bank receiverships

249

133, 231
9,149
51, 238
28, 519

$59, 592,098
27. 031, 518
2, 345,142
7, 259, 699
3, 645,94ft

113, 604, 722

630,145

112,974,577

84, 283,168
i 136, 218
607
1
4,844

47, 526
0
0
l
S3

84, 235, 642
1136,218
607
* 4, 791

i 236,003
3, 674,465
7, 263,404
4, 939,950

i 1, 682
28, 519
i 53, 603
70, 937

1 234, 321
3, 645, 946
i 7, 209, 801
4, 869, 013

i 25,337
47,138

12
0

1 25, 335
47,138

13,100,174

1

13,100,174

28, 325, 200

538, 503

27,786,697

113, 604, 722

630,145

112, 974,577

12.13

31.93

12.02

Credit items (deductions) as reported by Receivers.

During the year ended October 31, 1941, the liquidation of 102
receiverships was completed and all affairs of such receiverships
finally closed. Total returns to the depositors and other creditors of
these receiverships, consisting of dividend distributions, other cash
payments and offsets allowed, amounted to an average of 82.68 percent
of total amounts due. The costs of liquidation of these receiverships,
including unrecovered amounts of disbursements for the protection of
assets, amounted to an average of 6.75 percent of total collections,
including offsets allowed. The average period of time required to
complete the liquidation of these receiverships was 8 years and
3 months. A summary of the results of liquidation of these 102
receiverships appears in the following statement:




REPORT OF THE COMPTROLLER OF THE CURRENCY

33

Liquidation statement, 102 administered receiverships completely liquidated and
finally closed, year ended Oct. 81, 1941
District of
Columbia
National
Total all
bank
receiverships nonnational receiverships
bank
receiverships
Number of banks.

_

Total assets taken charge of by receivers.
Disposition of assets:
Collections from assets.
._
.,
Offsets allowed and settled (against assets)
Losses on assets compounded or sold under order of court.
Book value of assets returned to shareholders' agents
_
Total.
Collections:
Collections from assets
Collections 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...
Capital stock at date of failure
United States bonds held at failure to secure circulating notes..
United States bonds held to secure circulation, sold and circulation redeemed
_
__
Circulation outstanding at date of failure.
Amount of assessments upon shareholders
Deposits at date of failure
__
Borrowed money (bills payable, rediscounts, etc.) at date of
failure
Additional liabilities established subsequent to date of failureClaims proved (both secured and unsecured).
_
Average percent dividends paid to claims proved
Average percent total payments to creditors to total liabilities
established
Average percent total costs of liquidation to total collections
including offsets allowed
Average number of years required to complete liquidation

102

99

$275, 584, 354

$1,803, 686

$273, 780,668

162, 201, 914
16,711,066
96,441, 287
230, 087

881,558
184, 552
737, 576
0

161, 320, 356
16, 526, 514
95, 703, 711
230, 087

275, 584, 354

1, 803, 686

273, 780, 668

162, 201, 914
12, 962,104
13, 949, 211
16, 711, 066

881, 558
125,104
72, 027
184, 552

161, 320, 356
12,837, 000
13,877,184
16, 526, 514

205, 935, 895

1, 263, 241

204,672, 654

87,868, 255
2,219.297
22,864, 909
41, 367

706,867
34, 286
0
0

87,161,388
2,185, 011
22,864, 909
41, 367

62, 300, 716
16, 711, 066
139, 284
12, 525, 914

153, 587
184, 552
701

62,147,129
16, 526, 514
138. 583
12,342, 666

111,600

111, 600

1, 222, 306
42, 781

1,222, 306
42, 781
205, 935, 895

1, 263, 241

204,672, 654

20, 921, 860
13, 646,250

316,860
0

20,605, 000
13,646, 250

13, 646, 250
13, 516, 392
20,921, 860
182, 060, 503

0
0
316,860
1,292,230

13,646, 250
13, 516, 392
20,605, 000
180, 768, 273

43,855,422
6,306, 718
155, 831,918

350, 681
79, 522
1,227,091

43, 504. 741
6, 227.196
154, 604, 827

72.51

60.40

72.61

62.66

82.83

14.56
7.47

6.70
8.26

6.75
8.24

It will be noted from the statement given above that total collections from assets, including earnings, offsets allowed and collections
from stock assessments, of the 102 receiverships completely liquidated
during the year amounted to 69.42 percent of total assets and stock
assessments. Total earnings, consisting of interest, premiums, rents,
etc., collected by receivers from the assets of these banks amounted to
100.44 percent of the total expense of liquidation incurred. The
assessments against shareholders totaled 100 percent of their holdings,
while total collections from assessments levied amounted to 61.95
percent of the amount assessed.



34

REPORT OF THE COMPTROLLER OF THE CURRENCY

As of October 31, 1941, 156 insolvent national banks remained in
process of liquidation under the supervision of receivers appointed by
the Comptroller of the Currency. While it is improbable that the
liquidation of all of these receiverships will be concluded during the
forthcoming year, it nevertheless appears that the majority of such
banks will have been completely liquidated and finally closed by
October 31, 1942. A summary of the results of liquidation of these
156 insolvent national banks, including a statement of total collections
and disposition of collections from date of failure to October 31, 1941,
appears in the following statement:
Liquidation statement, 156 active receiverships as of Oct. 31, 19U
Total all
receiverships
Number of banks
. . . ..... .. . . . . .
Total assets taken charge of by receivers

..

156

6

150

$1,601,135,870

$13,344,805

$1, 587, 791, 065

1, 014,443, 013
108,328,983

9,014,655
1,252,885

1,005,428,358
107,076,098

284, 501,364
193,862, 510

2,182,279
894,986

282,319,085
192,967, 524

1, 601,135,870

13,344,805

1,587,791,065

1,014,443,013
61, 597, 212
96,457,373
108,328,983

9,014,655
88,854
937,657
1,252,885

1,005,428,358
61, 508,358
95, 519, 716
107,076,098

Disposition of assets:
Collections from assets
Offsets allowed and settled (against assets)
Losses on assets compounded or sold under order of
court
Book value remaining assets
Total
Collections:
Collections from assetsC ollections from stock assessments
Earnings collected settled (against assets)
Offsets allowed and
Unpaid balance Reconstruction Finance Corporation loans
_
_
Total
Disposition of collections:
Dividends paid by receivers to unsecured creditors..
Dividends paid by receivers to secured creditors
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors-..
Payments to secured and preferred creditors, other
than through dividends
Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets. _
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

14/421, 500

_

.

Average percent total costs of liquidation to total collections including offsets allowed



0

14,421, 500

1, 295, 248, 081

11, 294,051

1, 283,954,030

629, 656, 600
5,162,171

3,875, 564
916

625,781,036
5,161, 255

120, 515,399
755,825

1,733, 590
0

118,781,809
755,825

295, 500, 537
108,328,983
35, 672,453

2,680,118
1,252,885
24,392

292,820,419
107, 076, 098
35,648, 061

65,170,128

1, 033,807

64,136, 321

6,045,465
115,320
28,325, 200

154,276
0
538, 503

5,891,189
115,320
27,786. 097

1, 295, 248,081

11,294,051

1,283,954,030

116,359,815

580,000

115,779,815

47,808,750

0

47,808,750

47,808,750
46,904,884
112,970,665
1,097,733,312

0
0
430,000
10,199,799

47,808,750
46,904,884
112,540,665
1,087,533,513

185, 509,328

2,616,607

182,892,721

33,916,919
913,259,921

Capital stock at date of failure
United States bonds held at failure to secure circulating
notes
.
_.
United States bonds held to secure circulation, sold and
circulation redeemed
Circulation outstanding at date of failure
Amount of assessments upon shareholders
Deposits at date of failure
Borrowed money (bills payable, rediscounts, etc.) at
date of failure
Additional liabilities established subsequent to date of
failure
Claims proved (both secured and unsecured)
Average percent dividends paid to claims proved
Average percent total payments to creditors to total
l i a b i l i t i e se s t a b l i s h e d

District of
Columbia non- National bank
national bank receiverships
receiverships

341,205
9,002,541

33,575,714
904,257,380

82.79
.

.

62.32

82.99

. 88.06

72.53

88.22

5.56

10.52

5.52

REPORT OF THE COMPTROLLER OF THE CURRENCY

35

The Comptroller of the Currency also supervises the liquidation of
insolvent nonnational banks and building and loan associations in
the District of Columbia. Of the 16 2 insolvent District of Columbia
nonnational banks for which receivers have been appointed by the
Comptroller of the Currency, 9 banks had been completely liquidated
and finally closed and 1 bank restored to solvency, while 6 banks still
remained in process of liquidation as of October 31, 1941. Of the 9 2
District of Columbia nonnational bank receiverships liquidated and
finally closed, 3 banks with assets at failure of $1,803,686 and dividend
payments to creditors amounting to an average of 60.4 percent of
claims proved, were liquidated and finally closed during the year
ended October 31, 1941. The cost of liquidation of these 3 receiverships amounted to an average of 14.56 percent of total collections
including offsets allowed.
The 6 insolvent District of Columbia nonnational banks remaining
in process of liquidation under the supervision of the Comptroller of
the Currency as of October 31, 1941, had total asset and stock assessment resources of $13,774,805, from which have been realized, including
offsets allowed, collections of interest, premiums, rents, etc., the sum
of $11,294,051. Total dividend payments to the creditor claimants
of these receiverships have amounted to $5,610,070, or an average of
62.32 percent of total claims proved. Total costs of liquidation of
these receiverships to October 31,1941, amounted to $1,188,083, or an
average of 10.52 percent of total collections, including offsets allowed.
Further data as to total deposits and amounts oi dividend payments
by percentage groups of the 156 receiverships still in process of liquidation and of all receiverships administered and finally closed from the
year 1865 to October 31, 1941, appear in the following statement:
8 Including 1 District of Columbia building and loan association.




Number and deposits of national and District of Columbia nonnational banks ! placed in receivership period Apr. 14f 1865, to Oct. 81,1941, by
groups according to percentages of dividends paid to Sept. 80, 1941
Liquidation banks

Periods and bank groups

Dividends paid, 100 Dividends paid, 75
percent and over
to 99.9 percent
Number of
banks

Receiverships completely liquidated and finally closed or restored to solvency (2,821 banks):
Apr. 14, 1865, to Oct. 31, 1930
(data for individual annual
report years unavailable;
deposits prior to 1880 unavailable—84 banks) (974
banks)—.
_.Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

1, 1930 to Oct. 31, 1931—.
1, 1931 to Oct. 31,1932_...
1, 1932 to Oct. 31, 1933
1, 1933 to Oct. 31, 1934....
1, 1934 to Oct. 31, 1935
1, 1935 to Oct. 31, 1936
1, 1936 to Oct. 31, 1937._..
1, 1937 to Oct. 31, 1938
1, 1938 to Oct. 31, 1939__._
1, 1939 to Oct. 31, 1940....
1, 1940 to Oct. 31, 1941

Total 1931-41 (1,847 banks)._.
1941 (156 banks)..
Grand total (2,977 banks)

Deposits

Number of
banks

Dividends paid, 50
to 74.9 percent
Num-

Deposits

Num-

ber of
banks

Deposits

ber of
banks

Deposits

Number of
banks

Deposits

TV

Number of

banks

Deposits

Number of
banks

3

Number of
banks

o
o
208 $77,296, 606

163

$64, 572, 547

211

$66,952, 690

1, 994,080
15,873, 316
4,412, 925
4,431, 721
5,083, 636
14, 723, 916
50, 715,003
33,477, 651
20, 910,457
17,397,983
18,147,843

16
16
13
18
29
46
80
110
61
36
39

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, 631, 031
43, 639, 246
68, 673,118

22
33
21
17
34
56
85
106
42
38
4 42

8,334,115
14,038, 797
9, 692, 212
10, 532, 532
13,854, 445
18, 483, 929
38,027, 988
56, 203,459
32,056, 684
43, 319,262
76,497, 725

315 187,168, 531

464

313, 246,276

496

13 461,084, 262

59

364,203, 304

42

536 725, 549,399

686

742,022,127

749

6
11
8
8
28
40
86

3 76
26
19
<7

156 $45,465, 025

159 $30, 828,899

8,497, 657
10,027, 603
6,902,413
1,451, 334
9,062, 628
12, 556, 918
19, 900,033
16, 991,046
10,103, 204
9, 332, 899
10, 540, 731

18
10
12
13
31
29
38
24
9
4
4

5, 589, 946
2,250,071
3,095,192
1, 657, 228
4, 319, 951
4,452, 292
7,420, 214
6,158, 246
2,269,805
8, 005,471
8, 201,086

321,041,148

298 115, 366,466

192

53,419, 502

155, 554, 210

30 108, 009, 778

12

8, 881, 758

543, 548,048

484 268,841,269

363

93,130,159

1 Including building and loan associations.
2 Deposits for banks restored to solvency unavailable.
s Exclusive of 1 receivership finally closed during the year ended Oct. 31, 1933, but
reopened as a receivership and again closed during the year ended Oct. 31,1938.
4 Exclusive of 1 receivership finally closed during the year ended Oct. 31, 1928, but reopened as a receivership during the year ended Oct. 31,1940, and again closed during the




Dividends paid, 25 Dividends paid, less
to 49.9 percent
than 25 percent

Restored Total,
to solall
vency banks
banks 2

CO

29
27
15
8
30
43
52
48
21
15
6 10

897

$285,115, 767

77

974

91
97
69
64
152
214
341
364
159
112
102

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
121, 694,861
182,060, 503

8
25
9
28
11
1
0
0
0
0
0

99
122
78
92
163
215
341
364
159
112
102

990, 241,923

82

156 1,097, 733, 312

0

156

159

2,977

1,765

2,818

2,373,091,002

1,847

6
Exclusive of 1 receivership finally closed during the year ended Oct. 31, 1936, but
reopened as a receivership during the year ended Oct. 31,1937, and again closed during the
year ended Oct. 31,1938. (Data relative to reopening and second final closing included in
report for year ended Oct. 31,1941.)

to

REPORT OF THE COMPTROLLER OF THE CURRENCY

37

ISSUE AND REDEMPTION OF NOTES

One thousand and thirty-six shipments of Federal Reserve currency
were made from Washington, D. C , during the year ended October
31, 1941, to the Federal Keserve banks and branches, aggregating
$3,452,500,000, and in addition 15 deliveries were made to the Treasurer of the United States aggregating $48,300,000.
Fifty-two weekly reports were furnished the Secret Service Division
showing the highest Treasury serial number, faceplate and backplate
serial number appearing on the Federal Reserve notes shipped. This
information is useful in suppressing counterfeits.
Three thousand two hundred and fifty lots of unfit Federal Reserve
currency were received for verification by 100-percent count and
certification for destruction consisting of 115,923,019 notes, aggregating $1,532,333,927.
Forty-nine lots of national-bank notes were received for verification by 100-percent count and certified for retirement and destruction
consisting of 990,062 notes, aggregating $13,884,887.
Two thousand eight hundred sixty-nine fragmentary or charred
Federal Reserve and national-bank notes aggregating $57,154.00,
were presented for identification.
RETIREMENT SYSTEM
As of October 31, 1941, there were 891 active members of the
retirement system for national-bank examiners, assistant examiners,
and clerks. Twenty individuals have been retired since the establishment of the system on June 1, 1936, and a total of $53,810.37 has
been paid in retirement benefits to date. During the current year
$4,319.22 in death benefits were paid.
ORGANIZATION AND STAFF
On July 7, 1941, Mr. R. B. McCandless was appointed a Deputy
Comptroller of the Currency, succeeding Mr. E. H. Gough.
On September 1, 1941, Mr. L. H. Sedlacek was appointed a Deputy
Comptroller of the Currency to fill the vacancy caused by the resignation of Mr. A. J. Mulroney.
During the current year the following were appointed as District
Chief National Bank Examiners:
F. W. Krippel
Reed Dolan
R. S. Beatty
W. A. Sandlin

Federal
Federal
Federal
Federal

Reserve
Reserve
Reserve
Reserve

District
District
District
District

No. 1.
No. 6.
No. 9.
No. 11.

Mr. E. S. Williams and Mr. L. A. Jennings were appointed as
Assistant Chief National Bank Examiners with headquarters in
Washington, D. C.
The personnel of the Bureau of the Comptroller of the Currency
at the close of the year ended October 31, 1941, consisted of 1,283
persons, of whom 440 were located in the main office in Washington,
During the year, a total of 8 national-bank examiners and 31
assistant national-bank examiners left the service. In the same period, 8 assistant examiners were promoted to examiners and 135



38

REPORT OF THE COMPTROLLER OF THE CURRENCY

assistant examiners were appointed. 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 as of Oct. 31, 1941

Office of the Comptroller and Deputy Comptrollers
Chief National Bank Examiners and Assistants, Division of Reports, and
Trust Section
.
Insolvent National Bank Division
Legal Division
Disbursement Division and Chief Clerk's Office
Organization Division
Statistical Division
_
Federal Reserve Issue and Redemption Division
Field Force
Total

12
52
203
45
46
26
28
28
843
1,283

EXPENDITURES OF THE CURRENCY BUREAU

The total expenditures of the Currency Bureau for the year ended
June 30, 1941, were $6,162,834.00, of which $5,888,840.52 was reimbursed by the banks. Total expenses paid by appropriation were
$273,993.48, the regular pay roll accounting for $243,417.19 of this
amount. Among expenses reimbursed by the banks, those on account
of examinations were largest at $3,509,195.34. Printing of Federal
Reserve notes cost $835,176.83. Insolvent national bank pay roll,
including retirement deductions, aggregated $643,389.37. Details of
expenditures are given in the accompanying table:
Expenses incident to maintenance of Currency Bureau, fiscal year ended June 30,1941
Expenses
paid from
appropriations
Salaries:
Regular roll, including retirement deductions
Federal Reserve issue and redemption division, including
retirement deductions
Insolvent national bank division roll, including retirement
deductions.—
-.

Expenses
reimbursed
by banks

$243,417.19
$52,669.60
643,389.37

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

$939,476.16
25,774.00
2,502.00

5,615.81
5,077.39

2,300.29

6,526.09
38,855. 56
63,498.17

Total general expenses..

150,149.31

Currency issues—Federal Reserve notes:
Paper
Printing, etc
Plates

135, 219.10
835,176.83
82,949.54

Total currency issues..

1,053,345.47

Expenses account of national bank examining service, paid by
banks
Postage on shipments of Federal Reserve notesSurcharge paid on consignments
Total expenses paid from appropriations.
Total expenses reimbursed by banks
Total expenses




Total
expenses

3,509,195.34
200,247.12
310,420.60
273,993.48

5,888,840.52

3,509,195.34
200,247.12
310,420.60

6,162,834.00

APPENDIX
39

438775—42-




41

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
No.

Date of
appointment

Name

Date of
resignation

State

COMPTROLLERS OF THE CURRENCY

McCulloch, Hugh
__.
Clarke, Freeman
Hulburd, Hiland R
Knox, John Jay
Cannon, Henry W
._
Trenholm, William L
Laeey, Edward S_
Hepburn, A. Barton
Eckels, James H
Dawes, Charles G
Ridgely, William Barret_
Murray, Lawrence O
Williams, John Skelton..
Crissinger, D. R
Dawes, Henry M
Mclntosh, Joseph W
Pole, John W
O'Connor, J. F. T
Delano, Preston

May
Mar.
Feb.
Apr.
May
Apr.
May
Aug.
Apr.
Jan.
Oct.
Apr.
Feb.
Mar.
May
Dec.
Nov.
May
Oct.

9.1863
21,1865
1,1867
25.1872
12,1884
20,1886
1,1889
2,1892
26,1893
1,1898
1,1901
28,1908
2,1914
17,1921
1,1923
20,1924
21,1928
11,1933
24,1938

Mar. 8,1865
July 24,1866
Apr. 3,1872
Apr. 30,1884
Mar. 1,1886
Apr. 30,1889
June 30,1892
Apr. 25,1893
Dec. 31,1897
Sept. 30,1901
Mar. 28.1908
Apr. 27,19131
Mar. 2,1921
Apr. 30,1923
Dec. 17,1924
Nov. 20,1928
Sept. 20,1932
Apr. 16,1938

Indiana.
New York.
Ohio.
Minnesota.
Do.
South Carolina.
Michigan.
New York.
Illinois.
Do.
Do.
New York.
Virginia.
Ohio.
Illinois.
Do.
Ohio.
California.
Massachusetts.

Aug. 1,1865
Jan. 31,1867
Apr. 24,1872
Jan. 3,1886
Jan. 3,1887
May 25,1890
Mar. 16,1893
Mar. 11,1896
Aug. 31,1898
June 27,1899
Mar. 2,1923 2
Feb. 14,1927
Dec. 19,1924
June 30,1927
Nov. 30,1928
Feb. 15,1936
Oct. 16,1941
Jan. 23,1933
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.
Do.
Nebraska.

DEPUTY COMPTROLLERS OF THE CURRENCY

May 9,1863
Aug. 1,1865
Mar. 12,1867
Aug. 8,1872
Jan. 5,1886
Jan. 27,1887
Aug. 11,1890
Apr. 7,1893
Mar. 12,1896
Sept. 1,1898
June 29,1899
July 1,1908
May 21,1923
July 1,1923
1,1923
Jan. 6,1925
61925
July 1,1927
July 6.1927
Dec. 1,1928
1.1928
Jan. 24,1933
241933
Feb. 24,1936
Jan. 16,1938
do
Oct. 1,1938
May 1,1939
July 7,1941
Sept. 1,1941

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
Mulroncy, A. J
McCandless, R. B
Sedlacek, L. H

i Term expired.

Aug. 31,1941

2 Died Mar. 2,1923.

TABLE N O . 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. 31, 1941
Name
Post, H. Lee
Kane, William A
Benner, John A
Bentley, Thomas B
Birge, Warren R
Offutt, William F
Frye, Ruby M
.
Fuller, Jane L
Verrill, Harry M
Wigginton, Norval P .
Tucker, Samuel M
Stafford, Catherine M
Furbershaw, Miriam
Horsey, Olga S
Basinger, Walter S._
Tylor, Gertrude I
Heizer, Helen V
O'Mara, Vera L

_




Salary

Designation

_

Chief, Organization Division
Administrative officer ._
Junior Administrative officer
Administrative officer
Junior Administrative officer.. .
Junior Administrative assistant
_ . . do
_
do
do

. . . . do
do

do
do
do
Principal clerk
do
Senior clerk
do

.
.

_

.. .

$6, 200
4,600
4,000
3,800
3,600
3,100
3,000
3,000
3,000
3,000
2,900
2,800
2,700
2,700
2,600
2,600
2,600
2,600

42

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, OH. 31, 1941—Continued
Name
Whelan, Marjorie B
Henderson, Virginia D
Smith, W. Edwin
Crittenden, John W
Lovelly, Laura F
Fox, Bessie E._
O'Brien, May F
McFadden, Arthur M
Reese, William H
Haygood, Ethel
Jackson, Andrew W
King, Dorothy C
Smith, Helen M_.._.
__..
Cotten, Elizabeth
Poole, Lillian I
Baker, Katharine W
Buckley, Regina C_
Crist, Gladys H
Doran, E Jessie
Mortimer, Mary H
Robertson, Frances M
Watts, M e t t a F
Barksdale, George T .
Beall, Clara M . . .
Brannock, Burneta
Grossman, Albert F
Pullman, Mildred F
Walker, Johanna S
_.
Dodge, Victor H
Ethridge, Elsie E
Graham, Elizabeth C
Haymon, N. Mabel
Jorgensen, John A
Magruder, Edith P
_.
McKinney, Elva L
Shea, Catherine L
Smith, Clara E
Blake, Marie M
Chamberlain, Robert J
Christenson, Althea M
Dailey, William
Dent, Mary J
Hawthorne, R. Glenn
Hurd, Agnes E
Joyce, Atha-Lane.
Sazama, Alice R
Schaff, Boyd F
Snyder, Lloyd
Parsons, R u t h . . .
Smith, Mabel W
Wilson, Mildred C
Wolfe, Alice M.__.
Boyd, Nelle O
Gardner, Ruby
Murtaugh, Ruth A
O'Donnell, Josephine A
Pullen, Dale D
Rutherford, Marjorie L
Shely, Myrtle B
Bromley, Juanita L
Lemnah, Norman F
McConnell, Delma
Riley, Winefred M
Duvall, Dorothy L
Frock, Annie O
Glover, Isabel O
Hedrick, George Ellwood, Jr..
McKnight, Dolas D
Olson, Alice May
Lipkovitz, Israel S
Mims, Alvin E
Nixon, Clarence A
Whiteman, Edgar
Wilkins, Gordon W
Carter, Clifton W
Cover, Thomas A
Emmert, Elizabeth M
Gaines, Haskell
Gunn, Albert Earl
Johnston, Richard C
Jones, George S




Designation
Senior clerk-stenographer.,
do..
Senior clerk
Principal clerk..
Senior clerk
Principal clerk.
Senior clerk
doClerk
Senior clerk-stenographer..
Clerk.
Clerk-stenographer
Clerk
_.
Chief voucher audit clerk.
Senior clerk-stenographer..
Assistant clerk
Clerk.
Assistant clerk-stenographer.,
do..
Clerk-stenographer
Assistant clerk-stenographer..
Assistant clerk
Clerk.
Assistant clerk.
Clerk...
dodoAssistant clerk
Assistant clerk-stenographer..
Senior stenographer
Assistant clerk
do
ClerkAssistant clerk,
do..
Clerk-stenographer
Assistant clerk
Assistant clerk-stenographer. _.
Senior operator, office devices.
Voucher audit clerk.
Assistant clerk..
doSenior stenographer
Assistant clerk
Senior stenographer
Assistant clerk-stenographer..
Voucher audit clerk
doAssistant clerk-stenographer..
Assistant clerk...
do
.doAssistant clerk-stenographer..
do
....do
Junior clerk
Assistant clerk,
doHead typist
Assistant clerk-stenographer. .
do..
Assistant clerkdo ..
doCounter clerk
Senior stenographer..
Assistant clerk
doAssistant clerk-stenographer..
Junior clerk
Messenger
do
do
Under clerk.
Junior clerk.
Messenger .
Junior clerk-typist Messenger
Junior clerk
do—
Messenger

Salary
$2,600
2,500
2,500
2,400
2,400
2,300
2,300
2,200
2,160
2,100
2.100
2,100
2,040
2,000
2, 000
1,980
1,980
1,980
1,980
1,980
1,980
1,980
1,920
1,920
1,920
1, 920
1, 920
1,920
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1, 800
1,800
1,800
1,800
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,680
1,680
1,680
1, 680
1,620
1,620
1,620
1,620
1,620
1,620
1,500
1,500
1,500
1,500
1,500
1,440
1,440
1,440
1,440
1,440
1,440
•1, 440

43

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. 31, 1941—Continued
Name
King, Marian F_
McCord, Bruce N
VanMeter, Ellsworth Evans
Berkley, Guy H . . .
_
Blount, Joseph T
Thompson, Frank
Wright, James H
Moore, Frederick S
Murphy, Arvelle I
Bongar, Charles.
Haughey, Thomas F
Payton, James A
Roy, James M., Jr.
Witul, John S

Designation
_

Salary

Junior clerk-stenographer
Junior clerk-typist
_ Junior clerk
Messenger
do
Junior Laborer
Messenger
do
do
.do....
do
do
do ..
do

$1,440
1,440
1,440
1, 380
1,380
1,380
1,380
1,320
1,260
1,200
1,200
1,200
1,200
1,200

TABLE N O . 3.—Number of national banks organized since Feb. 25, 1863, number
passed out of system, and number in existence on Oct. 31, 1941
Under act of Feb. 25, 1863
Underact of June 3, 1864, as amended
Under Gold Currency Act of July 12, 1870
Under act of Mar. 14, 1900

456
9,237
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 Nov. 7, 1918
Number placed in charge of receivers i
'.

5, 893
208
418
2,804

.

Total number passed out of the system

14,455

9,323

Number" now in existence..
* Exclusive of those restored to solvency.

5,132

TABLE NO. 4.—National banks reported in liquidation from Nov. 1, 1940, to Oct. 31,
1941, the names, where known, of succeeding banks in cases of succession, with date
of liquidation and capital
Name and location of bank

Bolton National Bank of Bolton Landing, N. Y. (13089), absorbed
by The First National Bank of Glens Falls, N. Y
The First National Bank of Sharon, N. Dak. (9005), succeeded by
First State Bank of Sharon
The First National Bank of Peterson, Iowa (4601), succeeded by
Peterson State Bank
The First National Bank of Greenwich, Ohio (7001), absorbed by
The Willard United Bank, Willard, Ohio
Stillwater National Bank, Columbus, Mont. (11017), absorbed by
Yellowstone Bank, Columbus
The First National Bank of Harrah, Okla. (9980), absorbed by First
State Bank, Harrah
First National Bank of Hillsboro, N . Dak. (3400), succeeded by
Northwestern State Bank, Hillsboro
The First National Bank of Wilmot, S. Dak. (11399), succeeded by
Wilmot State Bank
First National Bank of Corvallis, Oreg. (4301), absorbed by The
United States National Bank of Portland, Oreg
The Citizens National Bank of Tionesta, Pa. (5040), absorbed by
The Forest County National Bank of Tionesta
The First National Bank of Rib Lake, Wis. (6711), absorbed by
State Bank of Medford, Wis
First National Bank in Arlington, S. Dak. (13286), absorbed by
Citizens State Bank of Arlington
The First National Bank of Oneonta, Ala. (12006), absorbed by
State National Bank of Decatur, Ala
First National Bank in Marion, Wis. (14130), succeeded by Marion
State Bank
_




Date of liquidation

Capital
Common

Preferred

Nov. 9,1940

$25,000

$35,000

Oct. 19,1940

45 000

Nov. 30,1940

45,000

5,000

Dec.

7,1940

25,000

10,000

Nov. 12,1940

25,600

14,400

Dec.

25, 000

9,1940

Dec. 17,1940

50.000

Jan.

2,1941

25,000

Dec. 30,1940

150 000

Dec. 31,1940

50,000

Jan. 22,1941

25,000

Dec. 31,1940

25,000

Feb. 12,1941

25,000

Feb. 21,1941

50.000

25,000

44

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 4.—National banks reported in liquidation from Nov. 1, 1940, to Oct. 311
1941, 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 Hastings-on-Hudson, N . Y. (8586),
absorbed by The County Trust Company, White Plains, N. Y_._
The First National Bank of Arcadia, Nebr. (13158), absorbed by
Arcadia State Bank
—
The First National Bank of Irene, Tex. (10713)
The American National Bank of Santa Monica, Calif. (12787),
absorbed by California Bank, Los Angeles, Calif
The National Bank of Colchester, 111. (8485), absorbed by The
Union National Bank of Macomb, 111
The Hopkinton National Bank, Hopkinton, Mass. (626)
The First National Bank of Wabasha, Minn. (3100), succeeded by
First State Bank of Wabasha
The First National Bank and Trust Company of Port Chester,
N . Y . (402), absorbed by Washington Irving Trust Company,
Tarrytown, N. Y
_
The Burnes National Bank of St. Joseph, Mo. (8021), absorbed by
The First National Bank of St. Joseph
The First National Bank of Geneseo, 111. (534), absorbed by The
Farmers National Bank of Geneseo
First National Bank of Waterville, Maine (13769), absorbed by
Depositors Trust Company, Augusta, Maine
The First National Bank and Trust Company of Pompton Lakes,
N . J. (10787), succeeded by North Jersey National Bank of Pompton Lakes
The First National Bank of Bayfield, Wis. (7158), absorbed by The
First National Bank of Washburn, Wis
The First National Bank of Washburn, Wis. (12534), succeeded by
Washburn State Bank
The First National Bank of Halstad, Minn. (7196), succeeded by
Red River State Bank, Halstad-.
The Clement National Bank of Rutland, Vt. (2950), absorbed by
The Killington National Bank of Rutland
The Citizens National Bank of Jasper, Tex. (10478), absorbed by
The First State Bank, Jasper
The American National Bank of Bridger, Mont. (11298), succeeded
by Bank of Bridger
Bank of Suisun, National Association, Suisun City, Calif. (11684),
absorbed by Bank of America National Trust and Savings Association, San Francisco, Calif
The Winters National Bank, Winters, Calif. (13312), absorbed by
Bank of America National Trust and Savings Association, San
Francisco, Calif
The First National Bank of Delmar, Del. (7211)
The Mount Prospect National Bank of Newark, N. J. (13058),
absorbed by United States Trust Company of Newark
Union National Bank of Reading, Pa. (14277), absorbed by Berks
County Trust Company, Reading
The First National Bank of Gibson, Gibson City, 111. (8174),
absorbed by The First National Bank of Piper City, 111., which
later changed its title and location to "First National Bank in
Gibson City," 111
The First National Bank of Englewood, Chicago, 111. (4073)
The Commercial National Bank of Chattanooga, Tenn. (13746),
absorbed by American Trust and Banking Company, Chattanooga
The First National Bank of Horton, Kans. (3810), succeeded by
Home State Bank, Horton
__
Total (41 banks).




Date of liquidation

Capital
Common

Preferred

I
Feb. 28,1941

$100,000

Nov. 30,1940
Mar. 31,1941

25,000
25,000

Dec. 10,1940

100,000

Mar. 27,1941
Mar. 31,1941

25,000
25,000

May 3,1941

50,000

Apr. 28,1941

250,000

May 1,1941

$10,000

200,000

May 26,1941

160,000

May 24,1941

300,000

May 31,1941

200,000

300,000

May

3,1941

191,680

35.000

-—do.

30,000

15,000

May 24,1941

30,000

15,000

July

1,1941

150,000

June 30,1941

27,500

10,000

July

1,1941

25,000

15,000

July

9,1941

100,000

July

8,1941

50,000
50,000

25,000

101, 250

48,750

July 28,1941
July 25,1941
Sept. 6,1941

1,000,000

Sept. 2,1941
Oct. 14,1941

50,000
200,000

Oct. 27,1941

450,000

Oct. 25,1941

42,000

8,000

4,391,350

927,830

200,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

45

TABLE N O . 5.—National and State banks consolidated in the year ended Oct. 31,
1941, under act Nov. 7, 1918, as amended Feb. 25, 1927, and June 16, 1933
Capital stock
Surplus
Common
First National Bank of Battle Creek, Mich.
(No. 11852), with
$150,000
First National Bank & Trust Company of
Grand Rapids, Mich. (No. 13758), with
520,000
First National Bank in Marshall, Mich.
(No. 14009), with
50,000
First National Bank of Port Huron, Mich.
(No. 4446), with
205,000
Saginaw National Bank, Saginaw, Mich. (No.
200,000
14432), with-and Lansing National Bank, Lansing, Mich.
250,000
(No. 14032), which had
consolidated Dec. 31,1940, under charter of the
last-named bank (No. 14032) and title
"Michigan National Bank," Lansing,
Mich. The consolidated bank at date of
consolidation had
1, 500,000
The Sandy Hill National Bank of Hudson Falls,
N. Y. (No. 6470), with
125, 000
and The Peoples National Bank of Hudson
Falls, N. Y. (No. 3244), which had
100, 000
consolidated Mar. 29,1941, under charter of the
latter bank (No. 3244) and title "The First i
National Bank of Hudson Falls," N. Y.
The consolidated bank at date of consolidation had
200,000
Northwest Savings Bank, Mason City, Iowa,
with
100,000
and The First National Bank of Mason
City, Iowa (No. 2574), which had
350,000
consolidated May 10, 1941, under charter and
title of the latter bank (No. 2574). The
consolidated bank at date of consolidation !
had
400,000
The Farmers and Merchants Bank of La Verne,
50,000
Calif., with
and The First National Bank of La Verne,
25,000
Calif. (No. 9599), which had
consolidated July 26, 1941, under charter and
title of the latter bank (No. 9599). The
consolidated bank at date of consolidation
had
50,000




Preferred

Undivided
profits

Total
assets

$69, 565

$8,076,663

165,000

320,000

244,172

12,781,289

40,000

20,000

46,962

2,852,542

780,000

100,000

178, 407

13,617,726

157, 000

200, 000

43,836

8,473,760

100, 000

50,000

116,018

10,069,301

$392,000 $100,000

530,665

57,456,705

75,000

21,493

2,433,213

150,000

60, 721

2,125,995

200,000

100,670

4,601,891

50,000

19,869

1,666,908

250, 000

76, 532

8,235,756

50,000

89,082

9,679,326

13,500

951

338,461

40,000

3,765

588,726

30,000

10,180

877,683

1,634,000 1, 500,000

46

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 6.—Number and capital of Stale banks converted into national banking
associations in each State and Territory from 1868 to Oct. 81, 1941
Number of
banks

Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New
States...

Capital

34
28
22
190
52
65

$4,605,000
2, 595,000
2,029,990
72,691, 200
16, 717, 550
18,932,770

391

125,331,291
9,820,450
i 37,859,095
585,010
10, 249,372
1,080,000

Total Eastern States. _.
Virginia
West Virginia
North Carolina
South Carolina
Georgia..
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

467

184, 925,218

67
36
41
49
33
23
35
19
13
148
45
44
51

5,937,100
2,608, 900
2 4, 511, 000
5, 212,000
6,837, 000
2,365,000
4,810,000
1, 560,000
3,625,000
12, 542, 500
3, 357, 500
3 8,006, 900
8,090,000

Total Southern States..

604

69,462,900

Capital

25
29
84
28
37
118
45
52

$3,490,000
2, 208,000
89, 285,000
* 3, 567,000
3,695,000
7, 791,000
«2,385,000
18,501,800

418

130,922,800

84
51
108
84
38
9
36
7
195

2,760,000
1,750,000
5,535,000
6 4, 237,000
1, 585,000
320,000
7 2,805,000
400, 000
8,170,000

612

27, 562,000

74
30
113
27
1
5

8,175,000
1, 951,000
45, 272,800
8 2, 280,000
50,000
300, 000

117, 571, 510

241
50
128
6
36
6

England

New York
New Jersey.
Pennsylvania
Delaware.
Maryland
District of Columbia.._

Number of
banks

Location
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
Nevada
Arizona

1
$200,000 of which is preferred capital stock,
a $300,000 of which is preferred capital stock.
$1,000,000 of which is preferred capital stock.
4 $247,000 of which is preferred capital stock.

„

Total Pacific States
Total United S t a t e s . . .

250

58,028,800

2,742

~588,473,228

8

$55,000 of which is preferred capital stock.
$25,000 of which is preferred capital stock.
$25,000 of which is preferred capital stock.
8 $200,000 of which is preferred capital stock.

6

3

7

TABLE N O . 7.'—Conversion of State banks and primary organizations as national
banks from Mar. 14, 1900, to Oct. 81, 1941

Conversion of
State banks
Classification
Number
Capital less than $50,000
Capital $50,000 or over
Total




Capital

Reorganization
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
925 285, 319, 800 1,352 218,913, 500 2,162 349,029, 600 4,439 853, 262, 900
1,823 309, 253,100 2,519 249, 823,000 4,849 418,405,100 9,191 977,481,200

TABLE N O . 8.—Number of national banks increasing their capital stock, together with the amount of increase monthly for years ended Oct. SI
since 1936
1937
Month

November..
December. _
January
February.._
March
April
May
_.
June
_.
July
August
SeptemberOctober
Total.

Number

Common
capital

1938

PreNum- ferred Number 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,f"
31 1, 526, 735
790 35,199, 395

$225,000
1, 050, 000
50, 000
34,000
207, 250
100,000
50,000
10,000
191, 000

23
20
33
97
118
29
24
14
35
147
52
33

Common
capital

PreNum- ferred N u m
ber capital ber

$766,550
1,013, 792
2,066,125
.1,
11 716, 715
1, 792,420
589,200
258, 770
206,800
1,046,105
1,164,400
794,100
255, 650

19 1,917,250 2 625 21,670,627

1939

$400,000
215,000
35,000
200,000
30,000
375, 000
70, 600
130, 000

1941

Com- Num- Preferred Num- Common Num- PrePremon
ferred Num- Common Num- ferred
capital
ber
capital
ber capital ber
ber capital
capital
capital ber

20 $552,850
33 2,447, 750
40 3, 674, 208
""
157 1, 326,180
112 810, 525
39 1, 244, 345
18 494,928
16 770, 700
27 469, 359
172 2,171,125
393,975
734, 692

13 1,455,600 3 699 15,090,637

* 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.
2
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.
3 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




1940

i
,
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

15
25
47
246
77
45
38
31
33
179
44
35

$374,653
406,994
2,258,900
3,759, 334
866,454
842,148
856,150
1,178,950
479,690
1, M% 720
788,450
889, 712

815 14,248,155

H
O

$25,000
2 1,035,000
110, 000
30, 500
555,000
275, 000
300,000
50, 000

O

1,142,857

$795, 950
2, 265, 548
2,443, 200
1, 554,195
1, 667, 877
706,800
510,170
551, 850
784, 700
4, 051,690
266, 501
1, 248, 370

21 14,777,857

748 16, 846, 851

14 2, 380, 500

O1

$15,000
70,000
850,000
210,000
250,000
25,000
12,165,000

50,000

17
28
48
157
122
34
29
32
40
159

the retirement of preferred capital stock, and 3 cases aggregating $98,250 were conversions
of 4preferred capital stock.
Of these cases, 32 were effected by stock dividends aggregating $1,712,950, and 731
cases aggregating $8,064,705 were increases from net earnings incident to the retirement of
preferred capital stock.
« Of these cases, 26 were effected by stock dividends aggregating $2,837,250; 678 cases
aggregating $10,289,201 were increases from net earnings incident to the retirement of
preferred capital stock, and 3 cases aggregating $704,500 were conversions of preferred capital stock.

o

o
tr

o
W
d
2

48

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 19 IS,
with the yearly increase or decrease
Closed
Chartered

Consolidated
under act
N o v . 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 . . . .
1940
1941—-

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 2.925,000
19 3, 282,000
15 3 5,545,000

1

26
15
24
21
19
16
15
30
25
27
50
45
29
26
10
2
13
3
8
3
1
4
6

$3,220,000
i 1,650,000
i 850,000
» 3,275,000
i 2, 575,000
* 1, 255,000
11,660,000
i 4,455,010
i 3,407,000
»6,857,500
i 4,780,075
i 1,355,000
i 2,882, 500
i 3,385,500
i 2,765,000
1 447,100
i a 15,000
i 302,875
12 75,000
1
582. 500
25,000

In voluntaryliquidation

No.

Capital

Insolvent

No.

113 $26,487,000
82 13,795,000
135 14,828,000
107 14,367,500
68 16,165,000
83 16,380,000
84 14, 730,000
93 37,075,000
103 18,910,000
121 39, 290,000
155 40,745,000
123 14,467,500
153 28,668,300
165 37,495,000
156 27,381,000
221 98,267,500
263 39, 230,400
308 59, 595, 000
236 97,340,300
155 26,805,000
357 45, 263,000
189 19,615,250
76 7, 680,000
98 11,049, 540
47 4, 550. 500
56 7,066,000
53 5,178, 250
41 * 5,319,180

Net yearly
Net yearly
increase
decrease
(exclusive of
(exclusive of
existing banks existing banks
decreasing
increasing
their capital)
their capital)

Capital

No.

Capital

No.

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
6

$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
745,000
42 4,436,000
38 2,478, 750
35
81,180
3
6 282,000

1 Amount of capital stock reductions incident to consolidations.
Preferred capital stock reduction.
8 Includes $295,000 preferred capital stock.
* Includes $927,830 preferred capital stock.
«Includes $95,000 preferred capital stock.
2

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, 1941.
Organized

States

Maine
New Hampshire
Vermont
Massachusetts
_-.
Rhode Island
Connecticut

. . . .. ___

Total New England States
New York
New Jersey
Pennsvlvania
Delaware
Marvland
_ _ ._
District of Columbia
Total Eastern States




.—

Consolidated
under
act Nov.
7, 1918

127
80
85
370
67
120

5
2
1
21
2
4

849
991
416
1,276
30
140
31
2,884

Insolvent

In liquidation

In existence

13
5
16
28
2
7

73
21
28
197
51
57

36
52
40
124
12
52

35

71

427

316

52
16
43
1
4

128
59
210
1
17
7

386
117
337
15
59
11

425
224
686
14
63
9

116

422

925

1,421

49

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 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, 1941—Continued

Virginia
West Virginia
North Carolina
South Carolina
Oeorgia
Florida
Alabama
Mississippi.L/Ouisiana
Texas
Arkansas
Kentucky
Tennessee

_

_

-

_._

_

_____

_

--.

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
Territory of Hawaii
Puerto Rico
Virgin Islands
Total Alaska and insular possessions
Total of United States, Alaska, and insular
possessions




248
190
149
120
181
137
172
76
101
1,163
143
245
205

17
11
4
6
8
1
2
4
3
32
1
9
6

28
38
44
43
42
42
45
16
16
140
39
37
36

104

566

1,304

1,156

090
433
863
313
270
485
544
290

24
11
15
10
9
6
4
9

112
98
227
77
53
116
204
58

312
200
283
148
109
177
233
139

242
124
338
78
99
186
103
84

88

945

1,601

1,254

259
219
402
447
193
59
218,
82
739

3
12
1
4
3

12

100
93
83
76
76
12
55
25
84

111
76
185
187
73
21
82
35
436

45
38
133
180
41
26
78
22
207

2,618

- .- ._

Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

In existence

3,888

_

_

__

Insolvent

under
act Nov.
7, 1918

3,130

_

-

Consolidated

Organized

States

38

604

1,206

770

221
147
509
110
38
17
31

17
2
12
3
1
1

51
30
64
35
6
4
6

109
89
337
56
16
6
19

44
26
96
19
13
6
5

36

196

632

209

1

1
4
1

4
1

13

1

6

6

14,455

418

6,101

5,132

1,073
5
6
1
1

3

I n liquidation

73
64
57
49
80
41
59
32
53
546
53
104
93

130
77
44
22
51
53
66
24
29
445
50
95
70

1

2,804

50

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 11.—Changes of corporate title of national banks, year ended Oct. 31 f
1941
Charter
No.
14367
14032

1668
6291
3244
2468

13108
6077
14453
12169
5322

Title and location

Date

The Southern National Bank of St. Petersburg, Fla., to "The First National Bank in St. 1940
Nov. 1
Petersburg"
Lansing National Bank, Lansing, Mich., to "Michigan National Bank", Lansing, Mich,
(incident to consolidation under act Nov. 7,1918, as amended, with First National Bank
of Battle Creek, Mich., First National Bank & Trust Company of Grand Rapids. Mich.,
First National Bank in Marshall, Mich., First National Bank of Port Huron, Mich.,
Dec. 31
and Saginaw National Bank, Saginaw, Mich.)
_
The Idaho First National Bank of Boise, Idaho, to "The Idaho First National B a n k " . .
"The First National Bank of Lake Providence, at Providence", La., to " T h e First
National Bank of Lake Providence"
The Peoples National Bank of Hudson Falls, N . Y., to "The First National Bank of
Hudson Falls" (incident to consolidation under act Nov. 7, 1918, as amended, with
The Sandy Hill National Bank of Hudson Falls)
The Briggs National Bank & Trust Company of Clyde, N . Y., to "Briggs National
Bank of Clyde"
The Old National Bank and Union Trust Company of Spokane, Wash., to "The Old
National Bank of Spokane"
The Central National Bank of Minneapolis, Minn., to "The Central Northwestern
National Bank of Minneapolis"
Union Old Lowell National Bank, Lowell, Mass., to "Union National Bank of Lowell"-Bellwood National Bank, Bellwood, 111., to "Melrose Park National Bank", Melrose
Park, 111
The First National Bank of Wheatland, Okla., to "The First National Bank of Bethany,"
Okla
The First National Bank of Piper City, 111., to "First National Bank in Gibson City,"

1941
Jan. 25
Feb.

1

Mar. 29
May 20
July 1
Do.
July 21
Aug. 6
Aug. 9
Aug. 30

TABLE NO". 12.—National banks chartered during the year ended Oct. 31 <
Capital stock

Charter
No.

Title

Common

Preferred

ALABAMA
14455

Prichard National Bank, Prichard

$100,000

_

FLORIDA
14454

50,000

Florida National Bank at Belle Glade.
IDAHO

14444

1,000,000

First Security Bank of Idaho, National Association, Boise.

$200,000

ILLINOIS
14441
14442
14445
14446
14449
14450
14453

Plainfield National Bank, Plainfield
Industrial National Bank of Chicago
Drexel National Bank, Chicago
First National Bank of Oglesby
Illinois National Bank of Quincy
Northwest National Bank of Chicago
Bellwood National Bank, Bellwood i

._
_

50, 000
2,000,000
200, 000
50, 000
200, 000
200, 000
50, 000
2, 750, 000

Total (7 banks).
MICHIGAN
14443
14452

Industrial National Bank—DetroitCommercial National Bank of Iron Mountain

1,000. 000
100, 000

5,000
90, 000

1,100,000

Total (2 banks)

_. . . _

95, 000

NEW JERSEY
14451

North Jersey National Bank of Pompton Lakes

100, 000

SOUTH CAROLINA
14448

Rock Hill National Bank, Rock Hill

100, 000

TEXAS
14447

Broadway National Bank of Alamo Heights
Total United States (15 banks)..

1

50,000
5, 250, 000

Title and location changed to "Melrose Park National Bank," Melrose Park, 111.




295,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

51

TABLE N O . 13.—National banks for which increase of capital has been authorized
under act of Mar. 9, 1988, as amended, by 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, 1941

Charter
No.

Title

Date

Percent
of diviPar Sold at dend
value
to be
per
per
paid
share share on the
par
value

Preferred
increase
capital

CALIFORNIA

10391

1941
The United States National Bank of San Diego__ Jan. 31
ILLINOIS

14442
14297
34445
14449

1940
Dec. 31 31,000,000

Industrial National Bank of Chicago.
The National Bank of Lanark.. .
Drexel National Bank, Chicago.._
Illinois National Bank of Quincy
Total (4 banks)

3 $30,000 $100.00 $100.00

._
_

1941
Feb. 11
Mar. 3
May 27

4

100.00

2 3 15,500
240,000
125, 000

100.00

25.00
40.00
40.00

25.00
40.00
40.00

3
4
4

1, 380, 500

MICHIOAN
1731

The First National Bank of Lapeer

1941
July 24

3 50,000

50.00

50.00

3

1940
Nov. 12

3 25,000

100.00

100.00

6

290,000

100.00

100.00

4

40.00
100.00

50.00
100. 00

$1.75
4

MINNESOTA
7647
6828

The First National Bank of Chisholm
The American National Bank of St. Paul

1941
- Mar. 19

Total (2 banks)

315, 000

NEW JERSEY
3878
9268

The First National Bank of South Amboy
The First National Bank of Bordentown.

1941

Jan. 21
Feb. 3

Total (2 banks)

80,000
3 15, 000
95, 000

NEW YORK
1941

13889
13149
12957

The Crestwood National Bank in Tuckahoe
3 25,000
Mar. 25
5.00
5.00
The Springfield Gardens National Bank of New }May 23 f 1 74, 625 } 7.50
7.50
{
1 3 375
York
25.00
I 2 3 75^ 000 25.00
Standard National Bank of New York.
June 27
3 300,000 100.00 100.00
Total (3 banks)
475,000

3
4
4
4

PENNSYLVANIA

12526

1940
The Cheltenham National Bank, Cheltenham. __ Dec. 11
Total United States (14 banks)
1

A.




2 3 35,000

10.00

2, 380, 500

a Local.

10.00

4

52

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 14.—National banks chartered which are conversions of State banks
during the year ended Oct. SI, 1941

Charter
No.

Title and location

State

14441
14442
14444

Plainfield National Bank, Plainfield._. 111
Industrial National Bank of Chicago._ 111
First Security Bank of Idaho, National Ida hoAssociation, Boise.

14445
14449
14452

Drexel National Bank, Chicago
Illinois National Bank of Quincy
Commercial National Bank of Iron Mich_.
. Mountain.
Bellwood National Bank, Bellwood 3._ Ill

14453

Total (7 banks) .

Date of
charter

ApproxisurAuthorized mate and
plus
capital
undivided
profits

1940
Nov. 16
Nov. 30
Dec. 31

$50,000
2,000,000
1,200,000

$20, 718
1, 716, 753
1,448,180

$830,640
11,480,030
30,894, 717

1941
Jan. 4
Mar. 31
June 2

200,000
200,000
2190,000

144,070
112, 569
59, 612

9,173,018
4, 507,760
2,537,314

July 23

50,000
4

23,017

1,563,879

3,890,000

3,524,919

60,987,358

1 Includes $200,000 preferred capital stock.
2 Includes $90,000 preferred capital stock.
3 Title and location changed to "Melrose Park National Bank," Melrose Park, HI.
* Includes $290,000 preferred capital stock.




Approximate
assets

TABLE NO. 15.- -National banks by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year

ended Oct. 31, 19 U
Organized
States

Maine
Vermont
Massachusetts -

_

Number
Number Authorized with pre- Authorized Number
preferred
chartered common
ferred
capital
capital
stock

..

Voluntary liquidation

Failed

Capital

Assets

..

Ohio
Illinois
Michigan
Wisconsin
Minnesota
Iowa...
Missouri

300,000
2, 750, 000
1,100,000

9

3, 850, 000

375,000
301, 250
1,050,000
50, 000

2
2

$335,000
240,430

1

25, 000

7, 774, 309
3,122,083
9,702,898
105, 011

8

1, 776, 250

5

600,430

20, 704, 301

25,000
52, 500
450, 000

1
1

10, 000
200, 000

952, 700
425, 627
12,199, 656

527, 500

2

210,000

1

10,000

346, 506
4, 256,117

140,000
80,000
45, 000
200, 0C0

2
1
1

40,000
15, 000
5,000

1,870,056
1, 785, 341
419, 950
4, 544, 029

13

925, 000

5

70, 000

o

13, 577, 983

f 25,000
435,000

o

13, 221, 999

$3,414, 514
3, 239,045
295, 056
6,948,615

o
o
O
f1

tr

2

$95,000

. .

Total Middle Western States

150,000 1, 306,808

475,000

3
2
2
1

1
4

100,000
50,000
100,000
50,000

4

1

$300,000
150,000
25, 000

4

100,000

1
1
1
1

7
2
.

Assets

1
2
1

$100,000

1

._ ._

Preferred
capital

4
2
1
1

1

1 i $150,000 $1,306,808

Total Southern States

Number
w i t h preferred
stock

3

_ _

Total Eastern States
South Carolina
Florida.
Alabama
Texas
Tennessee.

Common
capital

1
1
1

_

Total New England States
New York _.
New Jersey
Pennsylvania
Delaware

Number

2

95,000

o
HI

o
d

See footnotes at end of table.




Or

TABLE N O . 15.—National banks by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year
ended Oct. 31, 1941—Continued
Organized
States

Number
Number Authorized with pre- Authorized Number
preferred
chartered common
ferred
capital
capital
stock

Capital

Assets

Number
with preferred
stock

Preferred
capital

Assets

1

1

$1, 000,000

1

3 50,000

822, 042

132, 000 1,122, 748

9

287, 600

1
3

150, 000
250, 000

3, 058, 258
3,195, 205

1

1,000,000

1

4

400,000

6, 253, 463

41

4, 391, 350

200,000

Total United States

15

5,250, 000

3

295,000

2 $82,000 $300, 706

$200,000

Total Pacific States




Common
capital

2
2
1
1
2
1

1

Total Western States

i Includes $50,000 preferred capital stock.
a Includes $32,000 preferred capital stock.

Number

2

North Dakota
South Dakota
Nebraska
Kansas
Montana
Oklahoma

Oregon
California
Idaho

Voluntary liquidation

Failed

3

* 282, 000 2, 429, 556

$95, 000
50,000
25,000
42, 000
50, 600
25, 000

3
Includes $13,000 preferred capital stock.
< Includes $95,000 preferred capital stock.

1
1
2

$10,000
8,000
29,400

4

47, 400

16

927, 830

$1,066,493
689,841
210, 935
415, 870
712, 778
196, 768
3, 292, 685

63, 999, 046

d
O
O

I
O
f
ft!
W
O

O

3
o

55

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, 1941
Reorganizations

Conversions

Primary organizations

Total

Month
Number
November
December
January
February
March
April
May
_
_
June

1

4
6

Includes
Includes
Includes
Includes
Includes

Number

Capital

Number

1
1

$50,000
50,000
100,000
200,000

2
2
2
1
2
1
1
1
1

50,000
100,000

1
1

6

200,000

550, 000

15

< 190,000
50,000

1 2$l,005,000

1

Total..
1

Capital

1
1
1
1

$2,050,000
i 1, 200,000
200,000

August
September
October

2

Number

1
1

2
1
1

July .

3

Capital

7

3, 890, 000

2

100,000

1,105,000

Capital

$2,050,000
3 2, 205,000
250,000
50,000
300,000
200, 000
100,000
< 190, 000
50,000
50,000
100,000
« 5, 545, 000

$200,000 preferred capital stock.
$5,000 preferred capital stock.
$205,000 preferred capital stock.
$90,000 preferred capital stock.
$295,000 preferred capital stock.

TABLE NO. 17.—Number of domestic branches of national banks authorized during
the year ended Oct. 31, 194-1
Branches authorized under
act Feb. 25,1927, as amended

Charter
No.

Title and location
Local

Other
than
local

Total

ALABAMA
14414

State National Bank of Decatur
CALIFORNIA

8907

The Citizens National Trust and Savings Bank of Riverside.

l

HAWAII
5550

Bishop National Bank of Hawaii at Honolulu

--

2

IDAHO
14444

First Security Bank of Idaho, National Association, Boise

13

MASSACHUSETTS
200
5155

The First National Bank of Boston
The National Shawmut Bank of Boston
MICHIGAN

13858
14185
14443
14032

The Central National Bank at Battle Creek
Security National Bank of Battle Creek..
Industrial National Bank—Detroit
Michigan National Bank, Lansing

._

NEW YORK
13955
13295
5785

The First National Bank of Glens Falls
First National Bank of New Rochelle
Sterling National Bank & Trust Company of New York-..
Plattsburg National Bank & Trust Company, Plattsburg..
OREGON

4514

The United States National Bank of Portland

1233
14197

The Easton National Bank, Easton
Northwestern National Bank in Philadelphia

14425

The Citizens and Southern National Bank of South Carolina,
Charleston
The South Carolina National Bank of Charleston

PENNSYLVANIA

SOUTH CAROLINA
2044

438775—42
5



56

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 17.—Number of domestic branches of national banks authorized during
the year ended Oct. 31, 1941—Continued
Branches authorized under
act Feb. 25,1927, as amended

Charter
No.

Title and location

336
13349

The First National Bank of Memphis
Union Planters National Bank & Trust Company of Memphis...

Other
than
local

Local

Total

TENNESSEE

x

1
1

1

VIRGINIA

9885

National Bank of Commerce of Norfolk

1

WASHINGTON

4668

The Old National Bank and Union Trust Company of Spokane *-._
Total (23 banks)

1
18

1
32

50

i Title changed to "The Old National Bank of Spokane."

TABLE N O . 18.—Number and class of domestic branches of national banks closed
during the year ended Oct. 31, 1941
Branches closed

Charter
No.

Title and location

Manner of closing

Branches under act
State
of Feb. 25, 1927, bank
as amended
branches
in operation
Additional
Branches Feb. 25, Total
1927,
offices
authorwhich
which
ized
were conbecame
since
verted
branches Feb. 25, or conFeb. 25,
1927
solidated
1927

ALABAMA

14414

State National Bank of Decatur.. Shareholders.
CALIFORNIA

2491
13044

Security-First 1National Bank of
Los Angeles.
Bank of America National Trust
and Savings Association, San
Francisco.

Lapsed
Board of directors..

MICHIGAN

11852
13758
14249
14432

First National Bank of Battle
Creek.
First National Bank & Trust
do
Company of Grand Rapids.
The National Metals Bank of Board of directors..
Hancock.
Saginaw National Bank, Saginaw. Lapsed

1
3
2
1

N E W YORK

2370
1461
1269

2

The Chase National Bank of the Board of directors,.
City of New York.
The National City Bank of New . . . . . d o . .
York.
The National Bank of Pawling... Shareholders
Total (10 banks)

i Omitted from Annual Report for 1927.




5
1
16

18

57

EEPOET OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 19.—Number and kind of domestic branches on Feb. 25,1927, and number
and manner of acquisition of additional branches of national banks, by years,
to close of Oct. 81, 1941
Authorized

Closed

In existence

Under act of
Feb. 25, 1927,
as amended

On Feb. 25,1927
Period ended Oct. 31,1927Year 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...
Year ended Oct. 31,1940...
Year ended Oct. 31,1941...

Total.




165
104
62
82
5
95
162

491

510

58
64
152
75
96
28
16
22
32

372
527
173
173
92
145
264
164
113
171
81
110
30
33
42
50

543

2,540

207
127
103
50
102
106
49
13
6
14
2
4
20
18

26
22
25
14
15
6
4
19
18

15
17
241
24
10

263

372
899
992
1,061
1,086
1,184
1,314
1,211
1,264
1,393
1,460
1, 546
1,570
1,594
1,615
1,647

118
158
161
157
154
151
147
152
179
177
190
192
191
192
200
205

322

1,647

205

58

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 20.—Dates of reports of condition of national banks, 1914 to 1941
[For dates of previous calls see report for 1920, vol. 2, table No. 42, p. 150]
Jan.

Year
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

Feb. Mar. Apr.

May June July Aug. Sept. Oct. Nov. Dec.

4
4
7
5
4
4

13

. . .

28
21

28

5

10

3
31

6
12
23

-

28
27
27
25

..

.

1940
1941

12
2
12
11

30

1
1
1
10
12
4

5
4
4
31
7
29
26
4

23
30
20
29
30
30
30
30
30

30
30
30
30
30
29
30
30
30
30
30
29
30
30
30
30
29
30

31
10
17
20
1
17
15

31
12
8
6
15
14
10
28
10
3
4
24
29
30
25
17

1
28

2
24

31
31
27
31
31
31
29
31
29
31
31
31
31
31
31
.31
31
31
31
30
31
31
31
31
31
30
31
31

NOTES

Act of Feb. 25,1863, provided for reports of condition on the first of each quarter, before commencement
of business.
Act of June 3,1864—First Monday of January, April, July, and October, before commencement of business, on form prescribed by Comptroller (in addition to reports on first Tuesday of each month showing
condition at commencement of business in respect to certain items; i. e., loans, specie, deposits, and circulation).
Act of Mar. 3,1869, not less than 5 reports per year, on form prescribed by Comptroller, at close of business
on any past date by him specified.
Act of Dec. 28,1922, minimum number of calls reduced from 5 to 3 per year.
Act of Feh. 25,1927, authorized a vice president or an assistant cashier designated by the board of directors
to verify reports of condition in absence of president and cashier.
Act of June 16, 1933, requires each national bank to furnish and publish not less than 3 reports each year
of affiliates other than member banks, as of dates identical with those for which the Comptroller shall during
such year require reports of condition of the bank. The report of each affiliate shall contain such information
as in the judgment of the Comptroller shall be necessary to disclose fully the relations between the affiliate
and the bank and to enable the Comptroller to inform himself as to the effect of such relations upon the
affairs of the bankSec. 21 (a) of the Banking Act of 1933 provided, in part, that after June 16, 1934, it would be unlawful
for any private bank not under State supervision to continue the transaction of business unless it submitted
to periodic examination by the Comptroller of the Currency or the Federal Reserve bank of the district,
and made and published periodic reports of condition the same as required of national banks under section
5211, U. S. R. S. Sec. 21 (a) of the Banking Act of 1933, however, was amended by section 303 of the Banking Act of 1935, approved Aug. 23, 1935, under the provisions of which private banks are no longer required
to submit to examination by the Comptroller or Federal Reserve bank, nor are they required to make to
the Comptroller and publish periodic reports of condition. (5 calls for reports of condition of private banks
were made by the Comptroller, thefirstone for June 30,1934, and the last one for Juno 29,1935.)




TABLE No. 21
ASSETS AND LIABILITIES OF NATIONAL BANKS ON
DECEMBER 31, 1940; APRIL 4, JUNE 30, AND SEPTEMBER 24, 1941
BY STATES AND TERRITORIES




59

EEPORT OF THE COMPTROLLER OP THE CURRENCY

61

and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1941
ALABAMA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

65 banks 65 banks

June 30,
1941

Sept. 24,
1941

65 banks

65 banks

ASSETS
95,600
81
23,168
8,880
35, 374
6,906
1,178
37, 292
6,396

101,835
49
24, 429
9,403
35,192
7,711
1,140
38,603
6,774

106,185
146
26, 278
9,789
37,607
7,261
1,121
48, 801
9,086

76, 517
6,878
3,223

79, 036
6,852
3,085

83,195
6,801
2,959

96,447
6,811
2,870

633
325

1,241
515

1,236
553

1,203
626

450
1,094

487
948

477
1,219

463
1,082

307,039

321, 576

355,776

121, 785
71, 382
452
6,409
26,491
38, 899
2,168
267,586
193,065
74,521

126,103
71,854
425
6,053
25, 819
39, 396
1,451
271,101
196,024
75,077

136, 984
73,696
425
7,511
25, 765
38,726
2,014
285,121
208,179
76,942

160,332
75,005
356
9,361
24, 227
47,876
1,441
318,598
240,283
78,815

332

523

556

626

396
323
185

442
398
54

458
390
197

492
431
158

268,822

Total assets._ _ _

95,171
48
20,899
11,182
33,928
7,677
1,196
36,193
7,357

302, 771

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 _

272, 518

286, 722

320, 305

4,059
14,667
18, 726
9,492
3,618
2,113

3,949
14, 668
18,617
9,636
4,252
2,016

3,944
14,668
18, 612
9,779
4,206
2,257

3,832
14, 674
18,506
9,976
4,852
2,137

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:
Preferred stock. _
Common stock..
Total capital stockSurplus
Undivided profits .
Reserves and retirement account for preferred stock

_

Total capital accounts
Total liabilities and capital accounts

33,949

34, 521

34,854

35,471

302, 771

307,039

321, 576

355, 776

13,145

13,497

18,000

20,890

17, 765

16,913

16, 798

17,656

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
*
_..
Other liabilities secured by pledged assets
Total




418

366

514

515

31. 328

30, 776

35, 312

39, 061

28,890
16

27, 622
36

29, 858
46

34, 564

28,906

27,658

29,904

34, 564

62

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, 19U—Continued
ALASKA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

4 banks 4 banks

June 30,
1941

Sept. 24,
1941

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 premises
Other assets
Total assets

2,515
1
1,307
24
191
509
2
1,106

2,548
10
1,314
24
188
494
3
1,321

2,899
7
1,333
24
191
495
2
901

2,698

4,291
158
2
110

3,649
161
2
51

4,156
164
2
267

5,550
161
2
393

10,216

9,765

10,441

12,177

Total deposits
Demand deposits
Time deposits

5,515
2,544
51
506
435
132
106
9,289
6,604
2,685

5,005
2,538
45
450
600
47
133
8,818
6,142
2,676

5,558
2,657
55
466
499
130
95
9,460
6,658
2,802
7

7,174
3,065
5
360
344
78
179
11, 205
8,075
S,1SO

Total liabilities.

9,297

8,818

9,467

11,205

300
505
64
50

300
505
92
50

300
550
74
50

300
550
72
50

1,455
16
182
457
2
1,257

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations...
Postal savings deposits
Deposits of IT. S. Government
Deposits of States and political subdivisions
Deposits of banks
_
Other deposits (certified and cashiers' checks, etc.)..
Other liabilities...

CAFITAL ACCOUNTS

Capital stock: Common stock..
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts.

919

947

974

972

10,216

9,765

10,441

12,177

925

865

1,003

1,110

230

227

272

85

1,155

1,092

1,275

1,220

801

953

801

953

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 .




25

659
834

659

REPORT OF THE COMPTROLLER OF THE CURRENCY

63

and liabilities of national banks, by Stales, at date of each call during year
ended Oct. 81, 19 U—Continued
ARIZONA
[In thousands of dollars]
Dec. 31,
1940

ASSETS

June 30,
1941

Sept. 24,
1941

5 banks
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
_.

Apr. 4,
1941
5 banks

5 banks

5 banks

29,004
18
6,878
5,753
1,936
3,537
116
6,875
2,259

31, 554
61
7,860
5,572
2,834
2,673
116
6,681
1,851

32, 307
18
8,114
5,768
1,802
2,364
116
6,930
2,136

34,876
45
6,431
5,818
1,584
2,066
124
6,096
2,349

18,171
1,463
159

17,150
1,447
163

16, 111
1,426
157

14, 724
1,421
126
19
10

242
143

251
315

165
205

76,424

78, 347

77, 815

76,059

40, 547
15, 990
26
215
10,814
1,929
1,087
70, 608
64,446
16,162

41, 673
16, 558
26
215
10, 704
1,892
1,319
72,387
65,597
16,790

41,075
16, 528
26
211
10, 794

16,714

40,408
16, 262
26
230
9,875
2,464
931
70,196
53, 759
16,437

489
58
19

527
136
25

620
132
60

721
144
47

71,174

Total assets_

145
110

73,075

72, 967

71,118

1,178
1,325
2,503
1,291
889
589

700
1,725
2,425
1,696
573
154

700
1,725
2,425
1,696
723
97

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..

2,061

1,460
72,155
55,441

10

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

1,190
1,325
2,515
1,291
772
672

5,250

5,272

4,848

4,941

76,424

78, 347

77,815

76,059

8,784

10, 204

11,336

10, 220

3,393

2,775

2,505

2,515

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 .



19

20

119

100

12,196

12,999

13, 960

12,835

11,147

10,410

10,850

9,841

11,147

10,410

10,850

9,841

64

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, 1941—Continued
ARKANSAS
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30, Sept. 24,
1941

1941

50 banks 50 banks 50 banks 50 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
_

37,717
52
9,708
3,253
16,857
3,095
470
16,440
3,252

37,196
55
12,443
2,983
18, 391
3,302
450
17,867
2,625

37, 785
49
13, 215
4,203
19,618
2,909
477
17, 399
2,539

41,065
65
16,123
5,058
17,361
2,888
459
17,163
3,833

49,675
1,867
396

50,975
1,867
358

46, 591
1,845
335

54, 520
1,846
321

._

52

57

57

126
150

116
195

133
190

143,121

148,840

147, 333

161,082

62,359
27,723
61
939
11, 059
24,984
1,707
128,882
100,600
28,232

66,043
27, 619
52
711
13,939
24,690
1,112
184,166
105,987
28,179

63,451
27, 665
41
948
15,497
24,038
808
182,448
104,847
28,101

71,345
27, 284
33
1,161
16,088
28,198
1,623
145,782
118,003
27,729

147
76
108

165
136
3

176
105
125

184
137
1

129,163

Total assets

52
141
146

134,470

132,854

146,315

650
155
5,466
6,271
4,521

626
155
5,569
6,850
4,636

2,589

2,793

623
155
5,569
6,347
4,767
2,774
591

596
155
5,576
6,827
4,936
2,901

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 b u t not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities

Total liabilities.

261

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.-

577

591

13,958

14, 370

14,479

14,767

143,121

148,840

147,333

161,082

5,943

5,127

5,173

6,505

855

1,106

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
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total..



951

53

37

6,894

6,063

6,081

7,648
-

6,125

5,292

5,004

5,974

6,125

5,292

5,004

6.235

261

REPORT OF THE COMPTROLLER OF THE CURRENCY

65

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1941—Continued
CALIFORNIA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4, June 30,
1941
1941

Sept. 24,
1941

98 banks 98 banks 96 banks 96 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 Eeserve 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.

1,119
688, 718
226.816
293,497
75, 226
14,835
476.817
41, 580

404,942 ,469,008
1,246
1,403
692,872 742,855
219,408
198, 286
295, 572 281,826
67, 312
66, 504
14, 662
14, 330
470, 320 494,109
34, 213
41,465

1, 516,085
1,799
771,591
184,966
265,894
67,135
12,109
573, 681
43,271

363,103
62,954
15,045

327, 597
63,497
13, 218

332,115
62,012
12,375

327,126
60,923
11,481

31, 556
2,330

31, 597
2,285
9,914
4,503

3,894

29,483
2,965

8,824
3,984

8,794
4,630

, 376,690

9,175
3,336

3, 682, 797 3,653,158 3,763,656 3,881,933

Demand deposits of individuals, partnerships, and corporations. 1,267, 531 269,839 1,333,173
Time deposits of individuals, partnerships, and corporations. _. 1,390, 650 , 407,717 1,405, 355
Postal savings deposits
2,024
2,091
2,022
Deposits of U. S. Government
45,856
62,446
72,981
371, 205 294,271
332, 674
Deposits of States and political subdivisions
_
216,914 213, 566
Deposits of banks
210, 723
44,087
44, 736
Other deposits (certified and cashiers' checks, etc.)
45,444
Total deposits
S, 383, 600 297, 296 5,404, 509
1, 763, 643 , 7p, 71k ,841,009
Demand deposits
Time deposits
1,569,857 , 555,582
Bills payable, rediscounts, and other liabilities for borrowed
money
25
Acceptances executed by or for account of reporting banks and
2,676
outstanding
2,936
5,441
Interest, discount, rent, and other income collected but not
11, 551
12,303
13,371
earned
10,893
Interest, taxes, and other expenses accrued and unpaid6,701
7,372
Other liabilities
7,676
5,232
7,873
Total liabilities..
Capital stock:

1,480, 705
1,403, 538
2,023
81, 703
281, 630
229,500
38,732
8, 517,831
1,976,129
1,541,702

3,316
14,273
11,908
10,046

3,359,920 3,330,844 3,438, 591 3, 557,374

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.

30,012
114,803
144, 815
111, 622
36, 594
29,846

28, 774
114,898
143,672
111,714
35, 539
31,389

27, 771
114, 751
142,522
112, 675
39,458
30,410

27, 570
114,817
142,887
112,994
38,066
31,112

322,877

322, 314

325,065

324, 559

3, 682, 797 3, 653,158 3, 763, 656 3,881,933

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 pnd 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
.




374,090

340,456

397,267

373,054

175,462

174,849

165, 533

151,692

7,908
557, 460

7,953
523, 258

8,311
571, 111

8,009
532, 755

472, 697

421,861

466, 739

421,264

421,866

25
5
466, 769

421,269

472, 702

66

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, 1941—Continued
COLORADO

[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30, Sept. 24,
1941

1941

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

...

80, 265
24
43,362
7,618
11, 262
10,848
707
60,862
6,107

79,944
30
48,353
7,571
11,631
10, 773
702
61, 727
5,498

81,131
34
47,886
11, 783
11, 527
10,387
704
58, 268
5,867

91, 777
36
47,486
12, 352
11, 545
10,446
705
63,135
6,000

110,733
2,990
212

110,651
2,991
180

105, 780
2,940
149

117, 528
2,934
126

319
132

180

310
181

335,442

340,600

336,947

376
192
364,638

161,550
72,403
94
1,442
13, 585
53,107
3,094
305,275
229, 639
75, 636

158,790
72,992
66
1,437
18,625
56,180
2,516
810,606
234,401
76,205

162,377
71,667
66
1,408
15, 991
52, 274
2,796
306, 579
231, 710
74,869

176,140
72,829
66
1,870
19,995
59,353
3,418
833, 671
257,660
76,011

LIABILITIES

Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and coporations
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

203

174
553
45

182
635
53

188
725
108

311,378

175
630
56

307, 449

334,692

1,040
10, 765
11,805
9,160
5,868
2,389

1,014
10, 772
11,786
9,306
5,980
2,426

977
10,802
11,779
9,339
6,366
2,462

CAPITAL ACCOUNTS

Capital stock:
Preferred stock
Common stock
Total capital stock
J
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

1,170
9,702
10,872
9,483
5,962
2,786
29,103

29, 222

29,498

29,946

335,442

340,600

336,947

364,638

18,424

19,754

20,772

21/697

2,894

2,791

2,916

3,024

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other ass< ts 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 pleged assets, including rediscounts
and repurchase agreements
Total



67

66

113

95

21,385

22,611

23,801

24,816

16,601

21,106

19,547

21,862

114
16,715

21,106

19,547

21,862

REPORT OF THE COMPTROLLER OF THE CURRENCY

67

and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1941—Continued
CONNECTICUT
[In thousands of dollars!
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

spt. 24,
1941

52 banks 52 banks 52 banks 52 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
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
_
Total assets..

103,520
10
72,452
13,942
31,667
16, 833
1,461
39, 507
11,047

107,142
23
86,003
12,305
37,755
16,057
1.582
46, 043
7,396

111, 674
14
84, 591
15,673
36,934
15, 520
1,428
46, 651
10,598

112,886
20
93,955
18,626
30, 208
16,782
1.426
46, 294
12,371

106,933
10,814
1,070

102, 668
10, 783
1,139

97,481
10, 663
991

103,107
10, 676
952

38
26

20
118

20

433
142
409, 895

454
118
429, 606

21
168
525
127
433, 059

515
150
448, 057

218,170
91, 330
95
4,265
19,344
23,895
7,770
364,869
271, 476

230, 512
94,662
90
3,823
21,942
25,856
7,788
384, 673
288,169

230, 412
95, 512
95
4,506
25,900
23,198
8,085
387,708
290, 662
97, 046

240,173
97,076
95
5,288
27,924
24, 678
7,074
402,308
SOS, 716
98,692

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:

96,504
25
118

168

600
919
390
366, 804

633
844
386, 109
402

691
911
376
389,854

737
961
288
404,363

3,128
1,097
17,103
21,828
15,023
4,612
2,128
43, 091

2,984
1,097
17, 220
21,301
15, 000
4,921
1,982
43, 204

2,953
1,097
17, 244
21,294
15,268
4,519
2,124
43, 205

2,873
1,097
17,311
21,281
15,318
4,985
2,110
43,694

409,895

429. 606

433,059

448,057

16,251

19,926

21,323

27,170

7,704

7,969

7,938

3,355

804
24, 759

797
28, 692

1,151
30,412

1,294
31,819

20,651

24,495

23, 337

23,62!

23, 337

23,621

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 lialibilities.
TotalSecured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total.




25
20, 651

24,520

68

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, 1941—Continued
DELAWARE
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

15 banks 15 banks 15 banks 14 banks
ASSETS

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

8,598
1
1,930
446
819
4,341
192
1,700
555
5,497
737
222

1
2,150
442
840
4,018
191
1,568
545
5,465
737
210

9,175
2,457
671
1,016
3,854
191
1,864
624
4,861
732
178

9,225
1
2,456
743
1,050
3,722
188
1,994
670
4,833
731
163

2
59
25,074

25,042

25, 660

25,844

9,842
8,650
126
278
123
552
185
19,756
10, 871

9,919
8,573
127
277
168
485
115
19, 664
10,856

10, 472
8,540
107
273
273
424
194
20, 283
11, 531
8,752

11,051
8,197
107
432
141
444
124
20, 496
12,088
8,408

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

3
16
33

10
27

19, 798

19, 700

20, 335

20, 536

75
10
1,666
1,761
2,631
607
287

72
10
1,673
1,755
2,631
655
301

71
10
1,674
1,755
2,634
637

46
10
1,626
1,682
2,634
678
314

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

_.

-

5,276
*

5,342

5,325

5,308

25,074

25,042

25, 660

25,844

704

632

589

897

443

390

426

194

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.




5

5

20

20

1,152

1,027

1,045

1,111

777

799

669

822

777

799

669

822

REPORT OF THE COMPTROLLER OF THE CURRENCY

69

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1941—Continued
DISTRICT OF COLUMBIA

[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

9 banks

9 banks

9 banks

9 banks

61, 513
11
56, 881
15,146
1,045
10, 610
672
73, 341
7,414
47, 382
7,120
912
5

64,435
22
54.885
1,059
9,952
674
78,963
7,877
50, 941

68,227
63
55, 736
20, 211
1,164
9,766
675
91,198
9,467
48,522
7,116
617
4

129
352

201
248

133
247

105
285

271, 365

282, 501

295, 575

313,156

158,073
49, 298
100
1,420
94
36, 217
3,779
248 981
199,043

164, 868
50, 889
100
1,056
88
40, 441
2, 754
260,196
208, 707
51,489

171, 797
51, 555
100
1, 256
45
42, 804
4,279
271,836
219, 681
52,155

187,837
52, 498
100
1,254
32
44,072
290,204
237,106
53,098

151
270
226

153
191
230

170
304
1,244

179
432
307

249,633

260, 775

273, 558

291,126

1,000
7,700
8,700
6,945
5,215
872

900
7,700
8,600
7,195
5,131

900
7,700
8,600
7,360
5, 237
820

8,600
7,360
5,271
799

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.

60,044
15
53, 473
15, 761
1,046
10, 612
697
64,152
7,783
49, 438
7,135
723
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
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 _

4,411

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

900
7,700

21, 732

21, 726

22,017

22,030

271, 365

282, 501

295, 575

313,156

10,176

10,141

12, 504

13,385

486

460

414

290

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 _




2,313

2,314

2,369

2,364

12,975

12, 915

15,287

16,039
*

8,663

8,115

8,573

8,663

8,115

8,573

70

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, 1941—Continued
FLORIDA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30, Sept. 24,
1941
1941

52 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

98,756
14
62, 359
25, 603
25, 746
11, 088
945
37, 767
11, 833
125,784
7,453
1,262

94,437
23
82,925
22, 256
28, 743
10, 086
965
51,870
10,177
158,909
7,843
1,234

1,216

98, 801
15
75,955
40, 761
27,847
12, 510
984
43, 375
10, 731
107, 069
7,885
1,072

1,200
4

1,155
6

1,134

743

802
481

754
522

891
577

410, 967

Total assets-

95, 366
13
85, 421
31, 348
27,893
10, 229
972
50,103
9,254
133, 437
7,836
. 1,127

471, 955

455, 436

429, 607

183, 760 217, 869 215, 705
54, 674
56,121
56, 467
80
71
70
9,849
8,256
10, 484
43, 376
52, 723
44, 331
81, 473
97, 615
88,988
4,870
5,354
4,446
378,082 438, 008 420,492
317, 681 376, 054 358,045
60,401
62,447
61, 954

199,134
55, 393
71
11,191
48,181
75,934
3,996
393,900
332,407
61, 493

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

30

500
277
215

535
422
349

586
531
275

379,116

Total liabilities. .

459
193
352

439, 004

421, 804

395, 292

313
15, 097
15,410
11,488
2,992
1,961

232
15,125
15,357
12, 055
3,629
1,910

232
15,165
15,397
12,607
3,667
1,961

189
15, 205
15,394
13, 055
3,889
1,977

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

31, 851

32, 951

33, 632

34, 315

410, 967

471, 955

455, 436

429, 607

57, 362

65, 607

67,916

72, 484

14, 470

16,714

16, 311

18,645

3,281
194
75, 307

3,397
194
85, 912

3,498
179
87,904

3,627
173
94, 929

57,846

70,129

57, 877

70,157

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.




72,470

28
66,170

72, 471

71

EEPORT OF THE COMPTROLLER OF THE CURRENCY

and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1941—Continued
GEORGIA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,.
1941

51 banks 51 banks 51 banks 51 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 Eeserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collectioi
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-

168,189
82
33,963
20.403
20,665
13.404
1,192
47,929
7,327

172,955
89
38,122
19,698
20, 336
10,005
1,194
50,178
6,035

176,407
74
38, 549
21, 520
22,044
12,134
1,192
48,662
6,406

178,172
208
42, 335
22, 330
21,378
10,888
1,186
57,128
8,544

86,167
8,636
647

99, 269
8,620
645

101,174
8,655
605

107, 310
8,710
576

23
21

23
56

23
40

339
322

414
350

352
309

409,309

427, 989

438,146

163,086
68,043
283
15,165
22,161
97,087
5,759

180,041
66, 702
201
15,794
19,511
105, 288
1,633
389,170
320, 576

189,007
67,805
229
20,147
21,905
97,037
2,845
398,975

441
535
459, 752

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

70,326

5

5

5

20
5

21

56

40

1,512
214
876

1,957
509
213

1,925
410
913

2,092
661
779

.374,212

391,910

402, 268

423, 281

776
25
16,520
17, 321
10,311
4,399
3,066

Total liabilities..
Capital stock:

371,584
301,164
70,420

204,060
67, 380
215
21, 238
20,185
105, 297
1,338
419,713
349,386
70,327

737
25
16, 521
17, BSS
10,360
5,272
3,164

733
25
16,471
17,229
10, 529
4,884
3,236

725
25
16,476
17,226
10, 541
5,498
3,206

CAPITAL ACCOUNTS

Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves a n d 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 liabilitiesTotal.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total
-


438775

35,097
409, 309

36,079
427, S

35,878

36,471

438,146

459,752

27, 769

32,490

35,951

38, 221

10,850

10, 506

10,804

9,624

29

29

57

93

38,648

43,025

46,812

47,938

30,486

31,922

41,395

40,381

30,486

31,922

41,395

40,401

20

72

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, 1941—Continued
THE TERRITORY OF HAWAII
[In thousands of dollars]
Dec. 31
1940

ASSETS

June 30,
1941

Sept. 24,
1941

lbank

Loans and discounts
_.
Overdrafts
U. S. Government securities, direct obligations..
Obligations guaranteed by IT. 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
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets

Apr. 4,
1941
1 bank

lbank

1 bank

20,262
14
15,212
615
3,515
2,682
22

21,001
323
15,212
615
3,665
2,389
21
4,381

21,683
170
21, 346
2,336
4,139
3,099
21
5,805

22,182
77
24, 371
2,611
3,913
3,243
19
7, 259

10,365
1,469

11,854
1.513
31

13, 512
1,504
72

9,759
1, 517
42

146
2,233

247
6,781

230
384

276
1,412

61, 477

68,033

74, 301

76, 681

19, 618
23,851
655
3,606
4, 658
1,544
472

19, 645
25, 213
702
6,864
5,176
1,880
1,213
60,693
84,471

21, 586
26,212
749
8,205
6,620
2,177
1,386
66, 935
59, 828
27,107

22, 303
26, 249
829
10,043
7,012
2,060
555
69,051
41,8U
27,227

4,936

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

72

54,479

60,8

42

20
74
3

19
99
152

67,104

69,363

3,350
2,000
213
1,634

3,350
2,050
284
1,634

CAPITAL ACCOUNTS

Capital stock: Common stock
Surplus
Undivided profits
Reserves
_._
Total capital accounts

3,350
1,970
194
1,484

7,136

Total liabilities and capital accounts

3,350
2,000
302
1,484

7,197

7,318

61,477

68,033

74,301

76, 681

12, 550

6,874

16,316

20,883

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.




-

285

3,135

3,160

3,116

12,835

10,009

19,476

8,920

6,172

15, 574

23,999
—
17,884

8,920

6,172

15, 574

17,884

REPORT OF THE COMPTROLLER OF THE CURRENCY

73

Assets and liabilities of national hanks, by States, at date of each call during year
ended Oct. 31, 1941—Continued
IDAHO
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

18 banks

19 b a n k s

19 banks

19 banks

19,864
8
13, 744
1,203
3,512
563
125
6,403
1,658
14, 858
1,056
5

30,997
61
20,522
6,863
3,590
1,213
190

33,127

10, 554
2,188
17, 929
1,491
1

30,945
84
21, 431
7,129
3,408
1,081
189
10, 703
2,193
20, 428
1,484
3

23

12
234

1
292

1
238

63, 022

95, 845

'9, 371

105, 266

29,617
16, 488
223
95
9,577
1,281
299
57, 580
40, 824
16,756

43,660
26, 606
234
363
13, 036
3,085
537
87, 521
60, 456
27,065

44, 832
26,489
232
474
15,379
2,738
646
90, 790
63,819
26,971

51, 403
26,656
219
768
13,661
2,932
840
96, 479
69,354
27,125

110
176
38

118
249
108

91,114

96, 954

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations granted 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.

21,717
8,179
3,155
1,033
192
13, 273
2,676
20,118
1,489

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 stock:
Preferred stock
Common stock

19
46
33
57, 678

87, 756

762
1,968
2,730
1,299
996
319

855
3,275
4,130
2,001
1,231
727

CAPITAL ACCOUNTS

Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

5,344

845
3, 285
4,130
2,079
1,245
803

767
3,338
4,105
2,132
1,361
714

8,257

8,312

63,022

95, 845

99, 371

105, 266

9,525

15,949

18,188

18, 702

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
._..

1,504

1,376

1,344

1,212

11,029

17,325

19, 532

19, 914

Secured liabilities: Deposits secured by pledged assets pursuant to requirements of law

9,613

13,391

15, 838

14, 515

9,613

13,391

15,838

14, 515

Total




___

74

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, 19%1—Continued
ILLINOIS
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

337 banks 339 banks 339 banks 339 banks
ASSETS

842,314
926, 730 995, 077 1,079,646
Loans and discounts..-_
609
274
394
864
Overdrafts
U. S. Government securities, direct obligations
.- 1, 218, 509 1,430,155 1,422, 996 1, 219, 628
120, 353 128, 570 127, 221
151,121
Obligations guaranteed by U. S. Government
155, 541 196, 232 163, 699
151,490
Obligations of States and political subdivisions
127, 230 126, 405 125, 156
117, 620
Other bonds, notes, and debentures
29,107
27, 636
27, 380
26,478
Corporate stocks, including stock of Federal Reserve bank
987, 222 756, 733 989, 342 1, 212, 709
Reserve with Federal Reserve bank
61, 216
37, 587
60, 555
59, 632
Currency and coin
Balances with other banks, and cash items in process of collec668, 660 586, 075 606, 604
611, 209
tion
31, 989
32, 056
31,756 I 31,710
Bank premises owned, furniture and fixtures
4,652
4,396
4, 053
3, 640
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
1,274
1,427
1, 257
1,278
premises or other real estate
2,859
1,696
2,461
1,632
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
7,241
6,785
9,187
7,187
but not collected
8,054
6,014
6,971
6,922
Other assets

Total assets

4, 264,152 4, 272,101 4, 572, 555 4, 683, 668
LIABILITIES

Demand deposits of individuals, partnerships, and corporations - 1, 948, 946 1, 793,466 2,159, 753 2,183, 358
694, 062
699, 597 698,424
687, 870
Time deposits of individuals, partnerships, and corporations
694
716
663
636
Postal savings deposits
118, 370 107,117
103, 855
101,463
Deposits of U. S. Government
306, 710
327, 637
239, 796 246,980
Deposits of States and political subdivisions
913, 945 1, 051, 882 927, 362 1, 002,477
Deposits of banks
31, 214
38, 735
34, 954
Other deposits (certified and cashiers' checks, etc.)
30, 940
Total deposits
Demand deposits
Time deposits

3,
3,935, 4.03 U0,999 ..234,433 4,340,787
3,202,115 3,206,616 3,498,122 3,611,105
734,383 736,311

Bills payable, rediscounts, and other liabilities for borrowed
18
129
money
1
1
Mortgages or other liens on bank premises and other real estate _ _
1
Acceptances executed by or for account of reporting banks and
2,692
outstanding.
3,239
1,871
1, 747
Interest, discount, rent, and other income collected but not
4,101
2,896
3,135
3,456
earned
9,659
8,331
8,458
10, 891
Interest, taxes, and other expenses accrued and unpaid
2,891
2,195
2,481
2,474
Other liabilities
Total liabilities
3, 952, 496 3, 959, 500 4, 251,108 4, 359,186
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

_

156
127,100
133, 521
117, 554
30, 656
30, 870

6,261
156
127, 286
133, 703
118, 440
38, 341
30, 963

5,977
156
127, 533
133, 666
124, 236
35, 391
31,189

311, 656

1

6,308
140
126, 390
132, 838
116, 557
31, 779
30,482

312,601

321,447

324,482

4, 264,152 4, 272,101 4, 572, 555 4,683,668

MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
327, 532
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
8,601
Assets pledged to qualify for exercise offiduciaryor corporate
powers, and for purposes other than to secure liabilities
11, 473
Securities loaned
8.070
Total
355, 676
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
327,491
Other liabilities secured by pledged assets
431
Total




327, 922

312, 035
12,186
11, 243
1,985

334,030 I
9,083
12,753 !
12,128

350,863
6,623
12, 712
10, 733

337,449

367,994 I

327,037
361

359,846 i 378,393
414 !
488
360, 260 i 378, 881

327, 398

380,931

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, 1941—Continued
INDIANA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4, June 30, Sept. 24,
1941
1941
1941

124 banks 124 banks 124 banks 124 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

146, 942
24
140, 934
24,869
33, 727
31, 268
1,383
75, 391
17,495

156, 096
35
147, 716
24, 085
34, 835
32, 562
1,389
69, 755
13, 636

165,165
33
146, 615
26, 628
35, 895
30, 214
1,379
77, 516
15, 852

168,651
43
149,300
29,151
37, 521
29, 557
1,392
81,668
18, 445

140, 007
10, 504
526

130, 617
10, 540
464

139, 729
10, 338
410

144,113
10, 355
371

96
36

541
638

562
641

558
550

624, 356

Total assets..

97

623, 039

651, 014

272, 796
151, 671
766
12, 800
49, 088
72, 814
7,933
567, 868
405, 735
162,133

264, 702
156. 210
838
15, 862
51, 034
71, 501
5,774
565,921
399, 087
166, 834
2

271, 930
157, 520
1,037
17, 412
59, 009
77, 396
8,542
592, 846
424, 768
168, 078
2

520
586
671,770

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-.
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 unpaidOther liabilities

296,405
158, 957
974
17, 769
51,169
81, 951
5.821
613, 046
443,480

36
578
476
243

614
713
463

645
672
364

569, 542

Total liabilities..

500
641
524

567, 229

594, 674

614, 730

3,516
830
20, 216
24, 562
16, 375
9,038
4,839

3,423
830
20, 338
24, 591
16, 379
9,920
4,920

3,376
830
20, 382
24,588
16, 874
9,904
4,974

3,184
830
20, 525
24,539
17,082
10, 470
4,949

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

54, 814

55, 810

56, 340

57, 040

621,356

623, 039

651, 014

671, 770

28, 813

28, 373

25, 996

28, 225

1,150

1,123

1,156

1,133

82

83

230

174
50

MEMORANDA

Pledged assets and securities loaned:
TJ. 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
Total




30,045

29, 579

27, 382

29, 582

23, 716
23, 716

24, 220
24, 220

23, 669

23, 892
23, 892

76

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, 1941—Continued
IOWA

[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

103 banks 03 banks 103 banks 103 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

95,279
37
28,362
15,337
31, 260

107, 049
52
32,159
17,453
31, 755
9, 593
646
34,073
5,744

109,756
100
33,173
19,908
33, 230
9,715
645
37,447
6,894

75,987
4,002
188

79,834
4,002
181

70, 600
3,960
159

71,982
3,979
132

1,573

1,558

1,529s

1, 519

395
158

404
458

314, 937

433
248
315, 453

477
188

301, 288

Total assets

32,816
6,070

103,897
74
28,219
14, 820
32, 263
9,425
627
34,007
5,168

117,990
64,623
117
1,807
24,550
63,473
2,652
275,212
210, W
64,771

120,451
65,595
111
1,388
37,029
61,824
1.908
2 88,306
222,579
66,727

124,914
66,347
118
1,679
32,813
61*573
1,798

390
184

402
230
13

465
214
40

479
286
46

275,849

288,951

288,961

302,114

949
77
11,107
12,183
8,320
3,370
1,616

896
77
11,157
12,130

77
11,207
12,180
8,748
3,900
1,664

853
77
11, 250
12,180
8,793
4,343
1,715

9,202
622

329,145

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.

221, 747

129,100
65,866
86
2,336
34,300
67,517
2,098
301, 803
235,325
65,078

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.

3,824
1,664

25,439

25,986

26,492

27,031

301, 288

314,937

315,453

329,145

6,864

6,436

7,015

8,504

1,244

1,207

1,334

1,360

13

5

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



55

129

7,e

8,404

9,993

4,779

5,076

5,853

6,154

4,779

5,076

5,853

6,154

8,121

REPORT OF THE COMPTROLLER OF THE CURRENCY

77

Assets and liabilities of national banks, by Stales, at date of each call during year
ended Oct. 31, 1941—Continued
KANSAS
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

181 banks 181 banks 181 banks 181 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

4,154

88, 319
71
33, 607
22,175
21, 402
4,002
719
37, 363
4,510

112,207
104
35,117
24, 750
20,402
3,897
720
38, 015
4,994

79, 728
5,539
357

88, 297
5,386
258

85, 442
5,386
238

96, 369
50
34, 745
15, 975
20, 669
4,511
713
30,140
4,502

90, 027
57
34, 074
15, 879
20, 747
4,458
716

74,172
5,585
403

159

152

158

135
169

165
184

165
141

288, 295

Total assets

156
163
142

293,092

306, 610

331, 736

144,921
36, 860
188
4,754
44, 456
42, 383
2,736
276,298
2S8, 330
37,968

166, 931
37,358
212
6,965
41.287
45.288
2,659
300, 700262,102

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

135, 224 137,144
36, 380
36, 803
203
216
4,583
3,803
44, 650
42, 046
35,170
40, 733
2, 580
2,523
258, 790 26S, 268
221,162 225,157
37,628
38, 111
54
228
272
122

262
300
192

292
326
118

259, 448

Total liabilities

205
213
186

263,890

277,082

301,436

1,060
130
13, 786
14,976

965
120
13, 878

873
110
13,927
14,910
8,848
5, 657
885
30,300

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

4,572
861
28,847

4,895
775
29,202

935
120
13,891
14,9^6
8,765
4,972
845
29, 528

288, 295

293,092

306, 610

331, 736

29,162

29, 584

34,086

35,992

10, 632

9,661

10,080

9, 426

264
30
40, C

296

354

583

44,520

46, 001

48, 041

47,466

30
48, 071

47, 466

U,

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




48,125
30
48,155

39, 541
43,969

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, 1941—Continued
KENTUCKY
[In thousands of dollars]
D e c . 31,
1940
95 b a n k s

A p r . 4,
1941

June 30,
1941

S e p t . 24,
1941

95 banks 95 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 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
_

112,665
43
48,039
11,916
13,072
16,070
1,073
38, 296
6,750
69, 587
4,310
834

110,733
64
53,146
12,795
12, 352
15, 309
1,092
42, 273
5,764
75,186
4,289
535

117,495
70
53,655
14, 508
12, 519
15,459
1,101
36,843
6, 350
65, 725
4,198
477

123,656
96
54,630
15,151
12,044
14,873
1,076
40, 889
7,937
68,963
4,197
452

44

44

44

28

378
236

483
204

377
182

489
245

323, 313

334, 269

329, 003

344,726

143, 590
67, 346
362
2,763
10,364
63, 684
2,470
290,579
221, 712
68,867

145, 205
66,979
251
2,492
14,111
70, 719
1,793
301,550
233,207
68,343

135,705
67, 715
253
3,461
11,084
69, 653
7,991
295, 862
226,880

155,681
66,524
248
3,801
11, 854
70, 355
2,743
811,206
243,295
67,911

412
395
274

353

428
421
246

417
464
84

291,830

302,355

297,132

312, 350

1,614
535
11,260
13,409
13,219
3,646
1,209

1,533
535
11, 268
13, 336
13, 783
3,553
1,242

1,532
535
11,218
13,285
13,897
3,426
1,263

1,455
535
11, 223
13,213
13,960
3,927
1,276

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 _

170

179

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.

31,483

31,914

31,871

32,376

323, 313

334,269

329,003

344, 726

9,502

11,025

11,717

12,323

3,642

4,325

3,640

4,307

146

161

143

207

13,290

15, 511

15, 500

16,837

12,364

15,113

13,052

14,013

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
TotalSecured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total.



175

170
12, 534

15,113

175

13,227

14,188

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, 1941—Continued
LOUISIANA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

29 banks 29 banks 29 banks 29 banks
ASSETS

Total assets.

126,899
118
65,986
31, 459
30, 853
4,901
1,312
58, 683
6,141

121,841
84
66, 302
26, 838
29,840
12, 501
1,361
62, 736
5,647

124, 257
114
63, 583
30, 631
29,176
4,421
1, 358
75, 788
5,788

122, 998
250
70,847
30, 398
31,089
4, 352
1,361
69, 442
8,703

102, 651
7,262
1,143

111,081
7,510
1,103

114,171
7,421
1,051

118, 323
7,491
1,053

48
791

1,456

44
1,413

43
540

1,085
904

979
939

924
931

780
1,073

440, 236

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
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets

450, 266

461,071

468, 743

178, 412
68, 317
170
12, 450
26, 689
116,194
3,145
405,377
835,006
70,871

173, 552
68, 922
103
9, 852
32, 893
125, 801
2,982
414,105
342,387

187, 341
69, 071
104
12, 714
32, 007
121, 091
2,123
424,451
852, 474
71, 977

199, 790
68,082
104
13,965
30, 932
117, 851
2,192
432,916
361, 665
71,251

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
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
0ther liabilities

71, 718

25

47
1,177

625

1,875
488
596
763

483
605
862

509
634
797

408, 425

Total liabilities,.

490
335
1,046

417,874

428, 295

435, 506

2,909
10, 970
13, 879
11, 058
4,995
2,844

2,855
10,972
13, 827
11,199
5,547
2,664

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

3,095
10, 826
18, 921
11, 004
4,183
2,703

3,051
10, 830
13, 881
11,013
4,952
2,546

31,811

32, 392

32, 776

33, 237

440, 236

450, 266

461, 071

468,743

32, 878

37, 631

41,866

43, 660

13, 996

14, 509

14, 870

15, 490

241

241

46,874

52,140

56, 977

59, 391

40, 681

46,139

49, 758

49,148

49, 758

49,148

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




47
40, 681

46,186

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. 31, 1941—Continued
MAINE
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

37 banks 37 banks 36 banks 36 banks
ASSETS

Total assets

40,988
3
29,659
8,990
2,804
15, 678
536
15,128
3,397

40,722
2
24, 295
11,355
3,270
14,882
537
20,066
2,788

41,245
2
30,528
9,157
4,185
14,142
525
17,867
3,450

42,499
3
32,948
10, 583
3,843
14,203
525
17,464
3,936

24,412
1,551
192

30,495
1,552
182

27,178
1,461
169

25,075
1,464
167

404

404

455

455

85
170

50
172

57
133

72
137

143,997

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

150,772

150, 554

153,374

44,347
66,441
596
378
3,860
8,778
942
125,342
57,908
67,434

46,795
65,865
273
343
5,019
12,929
689
131,913
64,432
67,481

50,603
63,842
279
345
6,997
9,055
956
132,077
67,587
64,490

53,100
62,878
249
421
6,968
10, 224
991
134,831
70,749
64,082

55
137
143

57
185
13

64
125
141

58
153
23

125,677

132,168

132,407

135,065

942
325
7,109
8,376
5,953
3,168

916
325
7,165
8,406
5,983
3,428
787

914
325
6,877
8,116
5,938
3,270
823

325
6,882
8,106
5,952
3,466
785

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:
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

18, 320

18,604

18,147

18,309

143,997

150, 772

150,554

153, 374

3,938

3,847

569

609

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__




3,805
421

390

121

20

131

146

4,628

4,476

4,538

4,341

2,815

2,976

2,464

2,260

2,815

2,976

2,464

2,260

REPORT OF THE COMPTROLLER OF THE CURRENCY

81

Assets and liabilities of national bankst by States, at date of each call during year
ended Oct. 81, 1941—Continued
MARYLAND
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

63 banks 63 banks 63 banks 63 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

75,843
13
180,845
6,506
4,933
18,012
824
64,049
7,223

76,343
7
113,050
27,152
5,160
16, 809
833
96,871
8,142

85,919
79
169,470
34,056
4,887
16, 587
832
79,768
9,159

93,175
4,898
782

95, 700
4,910
765

124,471
4,887
723

88,282
4,903
745

13
128

12
123

12
110

12
190

1,126
286

457
366

718
304

923
412

464,961

Total assets.

71,405
113
186,086
5,679
5,056
18,119
818
67,687
9,590

460, 581

475,592

496,224

184, 708
96,063
159
26, 228
26, 073
96,313
2,029
431,573
330, £74
101,299

179, 931
96,140
134
19,001
31,346
99, 009
1,493
427,054
325,660

193,242
95, 712
135
20,830
30,849
98,593
1,745
44U106
340,117
100,989

203,674
9Q, 127
136
24,395
33,311
102, 673

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
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:

101,394

1,181
461,497
360,181
101,316

25
128

110

190

130
224
786

123
156
234
69

149
329
406

194
172
165

432,841

427,661

442,100

462,218

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
TJ. 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
.




32,120

2,185
50
11, 351
13,586
11,590
5,783
1,961
32, 920

2,179
50
11,353
13,582
11, 724
5.470
2,716
33,492

2,070
50
11,353
13, 473
11, 783
5.965
2,785
34,006

464. 961

460, 581

475, 592

496, 224

63, 651

56, 493

60,105

64, 281

1,535

2,084

1,312

1,152

65,186

58,577

90
61, 507

103
65, 536

53,621

51, 586

50,466

55,180

53,621

25
51,611

50,466

55,180

2,360
50
11, 201
13,611
11, 204
5,490
1,815

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, 1941— Continued
MASSACHUSETTS
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

125 banks 124 banks 124 banks 124 banks
ASSETS

553,012
584, 949 631, 392
663,836
Loans and discounts
50
88
40
111
Overdrafts
270, 589 283, 603 291, 567
U. S. Government securities, direct obligations
308,917
42, 840
43, 676
58,101
Obligations guaranteed by U. S. Government
65,960
33, 797
45, 784
48,001
Obligations of States and political subdivisions
43,439
58, 772
59,184
55, 244
Other bonds, notes, and debentures
56,824
12, 975
12, 659
12, 648
Corporate stocks, including stock of Federal Reserve bank
12,484
538,009
543,158
468, 739
Reserve with Federal Reserve bank..
454,409
144, 494 138, 635 144, 300
Currency and coin
147, 315
Balances with other banks, and cash items in process of collec228,899
188, 512 203,883
209,195
tion32, 486
32, 706
32, 537
Bank premises owned, furniture and fixtures
32, 526
4,224
4,576
4,484
Real estate owned other than bank premises
4,118
Investments and other assets indirectly representing bank
2,163
2,252
2,149
2,119
premises or other real estate__
7,475
7,304
7,800
Customers' liability on acceptances outstanding,
7,831
Interest, commissions, rent, and other income earned or ac2,985
2,651
2,733
3, 250
crued but not collected.
1,535
1,206
3,160
Other assets
*
3,240
Total assets.
1,936, 591 1,950, 922 1, 964, 513 2,015, 574
LIABILITIES

Demand deposits of individuals, partnerships, and corporations. 1,004,120
Time deposits of individuals, partnerships, and corporations... 220, 679
150
Postal savings deposits.
12,010
Deposits of U. S. Government
82,043
Deposits of States and political subdivisions
378, 261
Deposits of banks
17,985
Other deposits (certified and cashiers' checks, etc.)
1,715, H8
Total deposits
Demand deposits
.. 1, 493, 883
221, 36S
Time deposits^_.
Bills payable, rediscounts, and other liabilities for borrowed
566
money
Acceptances executed by or for account of reporting banks and
8,114
outstanding
Interest, discount, rent, and other income collected but not
2,618
earned
1,317
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
4,498

526

, 035, 589 1,054,913
222,908
225, 567
164
143
13,164
11,248
77,899
84,312
365, 900
393, 959
21, 540
19,985
, 737,164 1,790,127
, 513, 519 1,563, 821
223, 645

226,306

500

505

9,023
3,508
2,133
6,916

9,142

1, 732,361 1, 745,277 1, 759, 244

Total liabilities.
Capital stock:

, 013, 061
223,968
166
11,175
89, 599
371, 495
16, 719
,726,183
,501, 372
224, 811

1,808,946

2,990
2,005
5,265

3,098
2,390

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

4,017
575
69,199
73, 791
86, 532
30,460
13,447
204, 230

3,870
575
69, 261
73, 706
86, 711
30, 779
14,449
205, 645

3,870
575
69,080
73, 525
87, 007
31,109
13, 628
205, 269

3,835
575
69,088
73, 498
87,132
31, 208
14, 790
206, 628

1,936, 591 1,950,922 1,964, 513

2,015, 574

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




46,294

48,485

54, 310

56, 569

3,191

3,252

3,320

3, 532

395
100
49,980

170
100
52,007

367
212
58,209

412
106
60,619

37,194

9, 204

37, 560

500
37, 694

500

505
38,065

565

37, 554

39,704 i

REPORT OF THE COMPTROLLER OF THE CURRENCY

83

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 19U—Continued
MICHIGAN
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

76 banks 77 banks 78 banks 78 banks
ASSETS

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
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets

207, 398
28
233, 745
129, 830
42, 743
78, 517
2,131
148, 786
21, 262

236, 785
71
254, 204
132, 203
61, 376
58, 788
2,209
190, 032
18, 815

255, 570
108
265,609
143, 297
49,862
64, 772
2,216
209,224
22, ^

259,358
141
267,871
146,942
48,072
69, 509
2,238
188, 728
22, 761

263,837
9,231
398

233,475
9,482
367

253,671
9,635
305

253,932
9,718
307

312
29

294
12

290
9

280

2,467
1,330

2,384
1,418

2,356
1,290

2,549
1,550

1,142, 044 1, 201, 915 1,280, 971 1, 273,956
LIABILITIES

Demand deposits of individuals, partnerships, and corporations, 555, 392 550,176
619, 357
597,640
283, 216 306, 770 306,180
307,857
Time deposits of individuals, partnerships, and corporation
134
81
71
77
Postal savings deposits
17,377
17,448
14, 813
16,716
Deposits of U. S. Government
72, 223 117, 268 113.911
122, 508
Deposits of States and political subdivisions
126, 745 122, 418 129', 791
133,877
Deposits of banks
7,868
6,433
8,749
7, 962
Other deposits (certified and cashiers' checks, etc.)
1,063,026 1,117,949 t, 195,446 1,186,637
Total deposits
773,63J,. 805,341
883,623
871,966
Demand deposits
314672
311,823
312,608
Time deposits
Acceptances executed by or for account of reporting banks and
12
outstanding
Interest, discount, rent, and other income collected but not
1,805
2,061
1,920
760
earned
1,785
1,552
2,299
1,315
Interest, taxes, and other expenses accrued and unpaid
714
118
674
81
Other liabilities
Total liabilities.

1, 065,804 1,121, 632 1,199, 641 1,191,115
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

13,338
175
23, 059
86, 572
21, 598
12,364
5, 706

13,115
160
24, 320
37,595
22, 413
13, 800
6,475

13,179
160
24,474
37,813
22, 550
14,133
6,834

12,862
160
24, 508
87,530
22,817
15,186
7,308

76, 240

10, 283

81, 330

82, 841

1,142,044 1,201,915 1, 280,971 1, 273,956

MEMORANDA

Pledged assets:
TJ. 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.....




78,483

55, 502
1,810

2,117

68,404

1,957

1,302

3, 523

2,770

3,244

3,127

60,835

87,976

83,684

72,833

52,456

90,162

73, 665

71,428

52,456

90,162

73,665

71,428

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. 31, 1941—Continued
MINNESOTA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

188 banks 187 banks 186 banks 186 banks
ASSETS

265,858
84
166,034
35, 874
44, 701
23, 403
2,102
123, 855
10, 688

271,155
163
166, 779
38,158
45,887
22, 299
2,124
114, 952

279, 972
238
173, 635
40, 911
41,749
22, 655
2,121
115, 267
10, 392

312, 582
224
177, 759
43,840
42,950
22, 800
2,119
114,128
11,184

194, 990
8,487
460

183, 950
8,469
425

200, 566
8,344
335

182,025
8, 372
111

5,524
163

5, 521
128

5,521
123

1,791
1,959

5, 521
108
2,309
514

1,854
1,785

2, 285
1, 739

_.

885,973

871,811

905, 473

927, 762

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

339, 793
205, 040
696
2,156
67,797
176,804
8,381
800,667
589,206
211,461

321, 743
203, 572
406
1,792
71,826
179, 624
8,560
787,523
577,650
209,873

338, 531
200, 933
382
1,573
90,192
175, 594
10, 733
817,938
610,882
207,056

355, 554
201,108
390
1,986
74,449
195,805
8,940
838,232
630,590
207,642

163

108

128

123

3,752
2,251
2, 348
809, 216

3,880
1,813
879
794, 203

4,099
1,795
2,337
826, 297

4,222
2,141
2,447
847,200

1,538
67
34, 259
86,864.
27, 250
10,047
3,596
76, 757
885,973

2,111
50
34,453
36,614
27, 343
9,981
3,670
77,608
871,811

2,075
49
34, 356
36,480
27,493
11,076
4,127
79,176
905, 473

1,993
44
34,422
36,459
27, 563
12,427
4,113
80,562
927, 762

107, 296

106, 570

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
J*?^
Bank premise 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
LIABILITIES

35

35

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. _




99,011
11, 718

11, 784

12,229

11, 780

2,327
113, 056

2,302
113, 984

2,353
121, 878

2,354
120, 704

79,908

83, 263

102,409

89,093

83, 263

102,409

9,128

35
79,943

35

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, 1941—Continued
MISSISSIPPI
[In thousands of dollars]
D e c . 31,
1940

A p r . 4,
1941

J u n e 30,
1941

Sept. 24,
1941

24 b a n k s 24 b a n k s 24 b a n k s 24 b a n k s
ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by TJ. g. 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

22, 524
128
5,074
556
16, 271
849
403
7,194
2,860

22,956
58
5,747
480
16,145
733
404
7,233
2,299

23,205
72
6,166
649
16,416
795
420
6,288
2,736

25,284
349
6,500
763
16, 509
655
411
7,422
3,087

24,121
1,683
763

28,156
1,696
712

25, 666
1,693
679

2&, 255
1,705
591

11
156

15
194

12
202

12
213

84,999

89, 756

82, 593
LIABILITIES

Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations__.
Postal savings deposits
_.
Deposits oi U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)

Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

32,996
24, 790
254
1, 522
10, 634
7,712
306
78,214
52, 782
25,432

33,156
25,405
272
1,629
9,341
6,278
268
7G, 849
50,284
26,065

37,196
25,214
277
1,779
8,860
7,138
434
SO, 898
55,038
25,860

15
93
48

28
130
20

16
120
21

31
155
11

74, 307

Total deposits
Demand deposits
Time deposits

33,154
24, 812
393
1,773
7,765
5,887
367
71151
48,558
25,59S

78, 392

76,506

81,095

1,396
125
3,010
4,531
2,973
427
355

1,330
125
3,035
4,4W
2,981
630
335

1,326
125
3,035
4,486
2,995
566
446

1,306
125
3,035
4,466
3,006
722
467

8,436

8,493

8,661

82, 593

86,828

84,999

89, 756

2,735

2,994

3,394

3,37&

9,493

9,955

10,095

10,062

129

108

12,234

12,955

13,618

13, 546

9,851

11, 778

10,726

10,190

9,851

11, 778

10,726

10,190

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 re-discounted 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

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, 1941—Continued
MISSOURI
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

85 banks 84 banks 84 banks 84 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

219,755
46
139,935
49,368
32,506
24,807
8,561
148,267
12,450

225,338
47
173, 745
45, 729
31, 550
23,605
6,711
107, 775
11, 032

232,894
59
136,158
56, 319
33, 248
24,899
6,703
147, 579
12, 032

268,335
79
138,100
58, 526
30,913
24,659
6,707
150, 364
13,633

204,152
4,964
2,163

219,168
4,947
2,082

209, 286
4,775
1,969

215, 276
4,786
1,948

510
252

509
308

500
279

480
254

1,060
454
849, 250

1,154
1,096
854,796

1,114
627
8,441

1,195
748
916, 003

349,890
110,179
707
4, 056
40,612
276,413
5,921

365, 287 375, 267
110, 203
111,353
691
686
4,927
2,999
33, 227
37, 534
270, 656 276,639
4,688
4,270
792, 785 805,642
678,271 692,290
114,514 113,352

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-

787, 778
671 424
113, 354

397,806
109, 695
644
6,131
32, 699
301,020
4,465
852,460
739, 662
112, 798

25
286

323

374

553
528
628
789, 798

577
740
155
794, 580

621
757
853
808, 247

648
921
446
854,738

2,253
25,677
27,930
17,148
12, 815
1,559
59,452

2,219
25,494
27,713
16,968
13,992
1,543

2,154
25, 544
27, 698
17,648
13,184
1,664
60,194

2,059
25,566
27,625
18,096
13,943
1,601
61, 265

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

868,441

849, 250

916,003
=====

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




62, 800

63,443

61,946

67,043

3,372

3,907

2,946

2,983

2,291
68,463

2,179
69, 529

2,405
67, 297

2,321
72,347

54, 363

53,808

48, 590

53,600

25
54, 388

53, 808

48, 590

53,600

REPORT 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, 1941—Continued
MONTANA
[In thousands of dollars]
Dec. 31,
1941

Apr. 4,
1941

42 banks 42 banks

J u n e 30,
1941

Sept. 24,
1941

42 banks 41 banks

ASSETS

Total assets-

22, 596
17

22, 466
18

19, 090
3,639
4,729
3, 087
206
14, 557
2,510

19, 032
3,685
4,392
3,068
207
14, 907
1,891

20,645
33
21, 985
3,800
3,882
3,014
207
13,478
2,446

20,123
4,024
4,294
2,898
207
16, 309
2,665

26, 592
2,002
22

25,140
1,998
18

24, 257
1,993
3

27, 245
1,988
4

202
283

240
120

227
178

243
103

99, 538

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

97,193

96,159

104, 286

50,360
23,217
34
167
9,252
6, 469
1,166
90, 665
66, 937
23, 728

50,123
22, 931
34
140
7,999
6,227
1,155
88, 609
65,171

48, 315
22, 502
29
158
8,713
6,229
1,347
87,293
61281
23, 012

24,139
33

LI ABILITIES

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

56, 845
22, 234
29
146
7,562
7,013
1,430
95,259
72, 514.
22, 745

94
109

101
131
2

102
186
1

90, 856

Total liabilities

90
95
6

88,812

87, 527

95, 548

162
15
4,329
1506
2, 365
1, 515
246

4,307
4,481
2,379
1,630
248

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock.
Class B preferred stock
Common stocks
Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock,

216
15
4,290
i 521
2, 326
1, 571
264

Total capital accounts
Total liabilities and capital accounts _

177
15
4,318
4, 510
2,360
1,289
222

159
15

8,381

8,632

8,738

99, 538

97,193

96,159

104, 286

10,452

10, 634

11,023

10,991

2,142

1,787

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
.'TotalSecured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total.

438775—42


2,475

2,204 |

46

56

68

12, 973

12, 894

13, 233

12, 864

9,535

8,311

9,038

7,760

9,535

8,311

9,038

7,760

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. 81, 1941—Continued
NEBRASKA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30, Sept. 24,
1941
1941

133 banks 133 banks 133 banks 133 banks
ASSETS

108,451
72
48,369
11, 749
17,448
9,145
740
39, 208
3,481

109,006
58
49,367
12, 417
17,017
9,862
748
36, 734
3,734

122,489
95
46, 632
13, 413
16,570
10,015
750
42,502
4,442

64, 640
5,363
289
5

63, 324
5,336
266
5

66,032
5,248
248
5

73,267
5,263
223
5

587
181

546
173

549
246

557
220

308, 313

311,271

336,443

140, 653
43,973
106
2,621
21,393
70,251
3,246
282,243
237,881
U,362

136, 520
43,064
90
2,630
24,209
68,575
2,866
277,964
234,500
43,454

140, 318
42,817
101
3,111
25, 244
66,175
2,763
280,529
237,310
43,219

156,148
42,348
101
3,415
27,334
73,295
2,400
805,041
262,259
42,782

447

149

57

183

5

5

5

5

232
276
150

253
293
84

278
335
155

294
383
151

283,353

Total assets.

104,826
52
50, 520
11, 631
18,290
9,022
740
42, 252
3,907

312,305

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
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets

278, 738

281,359

306,057

768
13,675
14,443
9,241
2,948
2,320

740
13, 693
14,433
9,430
3,149
2, 563

738
13, 695
14,433
9,538
3,368
2,573

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:

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.

705
13, 718
14,423

9,575
3,763
2,625

28,952

29, 575

29,912

30,386

312,305

308, 313

311, 271

336,443

29,824

31,305

31,881

31,098

5,128

5,945

5,582

6,555

284

283

282

282
50

35, 236

37, 533

37, 745

37,985

26,350

27, 703

28,440

31,228

243

124

54

26,593

27,827

28, 494

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.



31,228

REPORT OP THE COMPTROLLER OF THE CURRENCY

89

Asset ts and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1941—Continued
NEVADA
[In thousands of dollars]
D e c . 31,
1940

6 banks

6 banks

6 banks

14,137
21
8,531
3,159
3,024
875
51
4,390
1,050

14, 212
22
9,380
3,069
3,026
683
52
4,838
1,001

15, 354
25
10, 256
3,074
3,078
574
57
3,513
1,370

15,934
33
10,329
3,075
3,195
528
64
4,007
1,119

11, 039
786
13

9,134
793
13

8,4
791
13

12, 082
772
9

156
57

142
71

166
30

107
49

46,441

46, 742

51, 308

21, 223
16,015
21
191
4,649
981
580
43,660
27,437
16,223

20, 077
16, 069
6
234
4,657
1,279
350
42,672
26,220
16,452

20, 221
16, 284
6
242
4,555
1,183
460
42,951
26,284
16,667

23, 598
16,155
6
244
5,109
1,423
417
46,952
30,4$9
16,513

119
20
388

124
79
327

136
29
367

152
68
784

44,187

Total assets

Sept. 24,
1941

47, 294

ASSETS

J u n e 30,
1941

6 banks

Loans and discounts
O verdrafts
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

A p r . 4,
1941

43, 202

43,483

47, 956

12
948
960
741
1,354
52

12
948
960
743
1,479
57

12
948
960
1,144
1,101
54

12
948
960
1,146
1,190
56

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

3,107

3,239

3,259

3,352

47, 294

46, 441

6,742

51, 308

4,383

4,629

4,718

4,656

1,014

977

970

938

71

71

5, 397

5,606

5,759

5,665

4,664

4,899

4,587

4,403

4,664

4,899

4,587

4,403

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
TotalSecured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total




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, 1941—Continued
NEW HAMPSHIRE
[In thousands of dollars]
Dee. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

52 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
Interest, commissions, rent, and other income earned or accrued but not collected
Other assets

34, 643
7

12,847
2,366
3.350
10,180
491
10,158
3.142

15, 322
2,338
3,605
9,850
491
9,139
2,620

37, 262
3
13. 290
2,727
3,592
9,558
491
9,659
3,397

37,157
4
14,690
3,143
3,331
9,387
455
12,185
3,585

15, 046
2,058
109

13, 552
2,060
102

15, 534
2,033
85

19, 491
2,036

75

76

78

78

3
60

2
64
93, 871

62

94, 064

Total assets

34,174

41,990
22, 251
172
1,084
6,717
5,311
1,672
79,197
55, 959
23,238

41, 584
22,814
72
1,001
7,256
4,461
1,541
78, 729
54,913
23, 816

1
97, 774

105, 675

45, 287
22, 847
115
1,060
6,798
4,782
792

49, 525
23,066
117
1,249
8,527
6,322
1,737
90, 543
66,542
24,001

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.)
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

Capital stock:

173

50

27
80
104

27
94
7

32
107

32
131
21

79, 453

79, 030

82,969

90, 727

561
300
5,296
6,157
4,910
2,863
681

Total liabilities

45

549
300
5,296
6,145
4,916
3,072
708

549
300
5,296
6,145
4,930
3, 009
721

544
300
5,297
6,141
4,932
3,164
711

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

14, 611

.

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




14, 841

14, 805

14, 948

94,064

93, 871

97, 774

105, 675

1,922

2,173

2,391

1,927

419

319

347

675

39

38

53

64

2,380

2,530

2,791

2,666

1,804

1,834

1,906

2,071

35

73
1,907

50
1,956

2,071

1,839 '

REPORT OF THE COMPTROLLER OF THE CURRENCY

91

Assets and liabilities of national banks, by States, .at date of each call during year
ended Oct. 31, 1941—Continued
NEW JERSEY
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

225 banks 225 banks 225 banks 224 b a n k s
ASSETS

Total assets

272, 227
21
219,138
42,698
60,472
74,198
3,829
125,318
22,934
196,099
25, 504
10, 591

280, 244
42
242, 921
46, 791
65, 302
71,445
3,805
118,153
18,455
155, 917
25, 505
9,949

292, 775
37
228,320
65, 391
62,033
70, 699
3, 570
117,994
23,233
189, 801
25,174
9,447

302, 726
44
216, 728
76,429
63, 949
70,189
3,488
139, 746
25,904
197, 589
24, 618
9,097

2,048
147

2,033
117

2,568
95

2,584
123

1,908
804

1, 747
964

2,007
916

1,836
1,110

1,057,936 1,043, 390

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 prem^
ises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets

1,094,060

1,136; 160

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
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
Class A preferred stock
.
Class B preferred stock
Common stock

Total capital stock
Surplus
Undivided profits

366.048
428,179
14,115
105, 212
20, 807
10, 924
946,

285

349,197
434, 478
14, 667
100, 666
20,112
11,333
930,453

502, 772

485,123

442,513

445,330

410, 507
378, 687
440,768
436, 928
20,203
19,038
109, 907
117,916
19,928
21, 507
15, 268
9,411
979, 756 1,020,312
532,391
568,696
451,616
447,805

30

10

10

147

117
1,862
863
258

95
2,071
749
386

2,331
970
265

983,067

1,024,001

17,996
2,905
36,721
57,622
30,348
13, 566
9, 457

17, 587
2,899
36.726
57,212
30,730
14,587
9,630

1,676
663
534
948,335

933,

563

18, 762
2,985
36, 588
58,335
29,518
12,945
8,803

18,213
2,905
36, 789
57,907
30,001
13, 388
8,531

109,601

123

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 ond 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
liabili ties
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.




109, S27

110,993

112,159

1,057,936 1,043,390

1,094,060

1,136,160

39,094

36, 974

43, 608

46, 710

6, 269

8,105

7,060

6,947

5,204

5,253

5, 510

5, 767

50, 567

50, 332

56, 208

59, 424

34,900

34. 564

38, 671

42,091

10
34,930 I

34,564

38, 681

42. 091

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. 31, 1941—Continued
NEW MEXICO
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

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

17,609
10
9,588
2,607
2,655
1,146
108
6,841
1,629

18, 649
28
9,606
2,610
2, 722
703
119
6,196
1,450

18
9,935
2,733
2,881
810
111
6,392
1,716

22,676
24
9,979
2,604
3,049
1,252
111
6,729
1,618

15, 762
827
29

16,303
821
23

12, 855
811
22

12, 568
830
22

4
7
58,822

2
16
59,248

59,194

61,481

27,126
11,229
56
450
11,510
3,465
727
54,668
43,158
11,410

27,790
11,484
54
394
11, 074
3,396
595
54,787
43,128
11,664

11, 555
56
488
12,150
3,196
726
54,779
48,087
11J42

28,567
11,556
57
563
11,878
3,653
631
56,905
45,181
11, 724

2
17

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 b a n k s . . .
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 .

18
17
1
3
54,592

54,820

54,800

56,944

281
1,799
2,080
1,490
263
397

281
1,844
2,125
1,535
452
316

281
1,844
2,125
1,621
221
427

269
1,856
2,126
1,621
410
381

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.

4,230

4,428

4,394

4,537

58,822

59,248

59,194

61,481

9,720

9,413

9,087

9,354

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..

2,628

2,463

2,914

12,348

11,876

12,268
•

Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total.




—

10,873

10,876

11,956

10,973

10,873

10,876

11,956

10,991

18

REPORT 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, 1941—Continued
NEW YORK
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

.June 30,
1941

Sept. 24,
1941

428 banks 426 b a n k s 425 b a n k s 425 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.

1,642,593 1, 725, 622 1, 846,186 1,907,502
774
886
1,185
623
1,921, 905 2, 300, 285 2,614, 443 2,448, 346
812,156 824,646
852, 350
975, 272
447, 463 482,671
437,695
500,678
423, 717 415,931
408, 479
438,590
80, 340
80, 784
80, 361
80,153
3,089, 281 2, 809, 236 2, 379,121 2,339,998
54, 639
44,307
65,850
55,775
596, 657
106,070
13,651

368, 822
109, 276
13, 381

533, 273
108,133
12,639

478,632
108,017
12,054

1,858
25,303

1,872
23, 282

1,868
24, 815

1,882
18,938

14, 409
6,281

17,311
11,862

9, 237.097 9, 229, 751

15, 703
17,165
10,897
11,246
9, 393, 421 9, 394,871

LIABILITIES

Demand deposits of individuals, partnerships, and corporations. 5,049,020
Time deposits of individuals, partnerships, and corporations.... 772,980
21,623
Deposits of U. S. Government
327,882
Deposits of States and political subdivisions
1,945, 946
Deposits of banks
195, 531
Other deposits (certified and cashiers' checks, etc.)
8,312,982
Total deposits
7,490,155
Demand deposits
822, 827
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed
459
money
10
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
7,105
^earned
7,223
Interest, taxes, and other expenses accrued and unpaid
160,453
Other liabilities
8,517,195
Total liabilities..
Capital stock:

5, 216, 763
781,492
19,628
262, 575
1,887, 409
152,042
8,319,909
7, 506,004.
818,905

5, 362,432
768,628
23, 693
277,438
1, 893,385
142,457
8,468,033
7,671,961
796,072

5,379, 518
770, 751
50,087
243, 708
1,894,321
138,183
8,476,568
7,676,431
800,137

540
12

728
10

7,165
10

26, 325

28,617

21,975

7,828
8,695
10,163
10,290
139,320
154,131
8, 505,828 8,669, 510 8,664,023
7,495
8,875
142, 672

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

15,123
3,461
258,150
276, 734
326,165
92.160
28,864

14, 593
3,389
257, 872
275,854
327,838
91, 523

296, 385

292, 918

300,899

354, 963

93, 572

65, 004

54,173

53,450

29,751
4,889
424, 597

29, 639
12,010
399,571

32,699
6.180
393.951

32,746
15. 285
456,444

330,144

281, 555

276,467

294, 312

718
55
330,658 i 282,140 i 277,240

6,755
55
301,122

15,959
3,596
257,888

277, US
325, 681
88, 279
28,499
719,902
9, 237,097

14,078
3,343
258,079
275,500
328,272
98.120
28,956
723,923
723,911
730, 848
9, 229, 751 9, 393,421 9,394, 871

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




459
55

530
55

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, 1941—Continued
NORTH CAROLINA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

44 banks 44 banks

June 30,
1941

Sept. 24,
1941

44 banks 44 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

52, 315
o
10, 291
3,476
11, 084
788
432
13,167
5,164

53, 085
12, 248
3,461
11. 089
701
433
14, 370
3,997

12,261
3,482
11,141
744
424
13, 885
4,332

14, 622
4,495
11, 070
745
426
16, 915
6,577

44, 523
2,543
479

47, 459
2, 565
506

49,154
2,538
475

56, 830
2,544
477

7
167

7
150

8
150

8

76
197

60
144

76
152

141

144, 717

150, 282

154, 537

171,132

71, 265
31,378
101
674
9,316
14, 241
2,374
129,349
96, 791
82.558
7

70, 767
31,549
77
1,598
11,175
16, 862
2,661
134,689
101, 207
33. 482

74, 205
32,605
73
2,301
10, 999
16, 403
2,217
138, 803
104, 492
34,311

85, 818
32,852
44
2,914
11,715
19, 277
2.603
155, 223
120, 702
34,521

n

55, 348
IJ

56,191
98

6a

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
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earne d
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

167

150

150

297
167
97

316
164
9

329
156
50

343
171
24

130, 084

135, 328

139, 488

155, 761

300
10
6,415
6,725
5,100
1,837
971

251
10
6,486
6,747
5,161
2,137
909

251
, 10
6,486
6,747
5,307
2,037
958

235
10
6,495
6,740
5,459
2,206
966

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
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 cor
porate powers, and for purposes other than to secure
liabilities
Total
Secured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
Total




14, 633

14, 954

15, 049

15, 371

144, 717

150, 282

154, 537

171,132

6,282

7,703

8,701

9,827

6,024

6, 354

6,462

6,478

10

11

30

26

12, 316

14, 068

15,193

16, 331

10, 314

12, 885

13, 641

14, 647

10, 314

12, 885

13, 641

14, 647

REPORT OF THE COMPTROLLER OF THE CURRENCY

95

and liabilities of national banks, by State*,, at date of each call during year
ended Oct. 31, 19J+1—Continued
NORTH DAKOTA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30, Sept. 24,
1941
1941

45 banks 45 banks 45 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 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.

26,112
20
8,297
3,218
3,331
1,279
158
5,127
919

22,187
' 21
9,181
3,395
3,039
1,492
158
5, 619
970

25,900
38
8,823
3,630
3,093
1,340
159
6,001
1,245

8,249
1,702
50

8,896
1,649
63

12,017
1,653
34

14,875
1,667
6

206
98

250
73

213
70

235
80

60,196

Total assets

26, 884
13
8,361
3,286
3,415
1,458
156
5,202
1,116

59, 392

60, 049

67,092

28, 258
19, 228
37
151
2,928
2,667
577
53, 846
34,367
19, 479

26, 358
19, 048
36
145
4,011
2,990
728
53, 316
33, 990
19 326

26, 705
19, 014
38
146
3,593
3,794
552
53, 842
34, 564
19,278

32, 842
19,067
32
135
3,752
4,174
670
60, 672
41,339
19,333

125

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

15

50

106
68
37

116
86
32

116
132
26

54, 228

Total liabilities

99

125
95
37

53, 626

54,091

60,996

343
20
2,879
3,242
1,889
670
167

273
20
2,955
3,248
1,956
415
147

237

230

3,016
3,253
1,960
606
139

3,022
8,252
1,964
733
147

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

. 5,968

5,766

5,958

6,096

Total liabilities and capital accounts

60,196

59, 392

60,049

67,092

3,105

3,075

3,126

3,149

80

62

61

61

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




235

235

235

235

3,420

3,372

3,422

3,445

2,314

2,810

2, 379

2,468

125
2,439

99
2,909

15
2,394

50
2,518

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. 31, 1941—Continued
OHIO
[In thousands of dollars]
Dec. 31,
1940

A p r . 4,
1941

J u n e 30,
1941

S e p t . 24,
1941

242 banks 242 b a n k s 242 b a n k s 242 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 collec
tion
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

392,830
51
193,923
64,413
93,029
68,649
5,105
204, 537
30,444

420, 701
110

429, 784
90
211, 502
77,120
97,835
67,820
5,102
206, 510
27,394

442,098
112

201,152
62, 996
94,447
70,247
5,102
194,455
25,805

306,145
29,845
2,084

301,829
29,446
1,831

317, 747
29,192
1,664

326, 571
28,918
1,468

2.848
2,905
293
578
1,512
1,678
1, 631
750
885
879
1,396, 773 ,414,057 1,477, 521

3,268
379

2,828
628

213,822
81,431
102,162
69,084
5,019
206, 758
33,389

1,904
944
1, 517,327

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
623, 729 614,002 668,700
374, 672 375,156
378, 629
Time deposits of individuals, partnerships, and corporations
657
810
661
Postal savings deposits
6,351
4,903
5,439
Deposits of U. S. Government
86, 680 106, 202 100,870
Deposits of States and political subdivisions
143,140
152, 360 159,441
Deposits of banks
13,931
12, 397
14,351
Other deposits (certified and cashiers' checks, etc.)
1,249,813 1,265,677 1,328,091
Total deposits
853,985 870,004 927, 536
Demand deposits
Time deposits
395,328 395,673 400,555
Acceptances executed by or for account of reporting banks and
589
647
293
outstanding
Interest, discount, rent, and other income collected but not
955
1,051
793
earned
1,783
2,433
2,245
Interest, taxes, and other expenses accrued and unpaid
1,459
932
1,516
Other liabilities
Total liabilities

1, 253, 995 1, 270, 586 1,333,1
CAPITAL

Capital stock:.
Class A preferred stock
Class B preferred stock
Common stock

1,053
2,003
1,243
1,371,861

ACCOUNTS

,
_
'

Total capital stock

Surplus
T
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
IT. 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




681, 526
382,173
624
5,979
113, 937
169, 635
13,300
1,367,174
963,182
404,042

13, 358
568
59,908
78,834
42,179
16,121

10, 644
142, 778

13, 010
568
60,006
73,584
42, 791
17,116
9,980
143,471

12, 556
568
60,307
73,431
43, 346
17,027
10.521
144, 325

1,396, 773 1, 414, 057 1,477, 521

98, 797

105,108

42, 802

42, 984

12, 236
562
60,408
73,206
43,673
17,847
10, 740
145,466
1, 517,327

108,680 ! 112,086
43,151

42, 592

4,659

4, 669

146, 258

152, 761

5,052
156,883 1

112, 650

130,965
130,965

125,078 ; 135,912
125,078 j 135,912

112, 650

4,718
159,396

REPORT OF THE COMPTROLLER OF THE CURRENCY

97

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1941—Continued
OKLAHOMA
[In thousands of dollars]
D e c . 31,
1940

A p r . 4,
1941

J u n e 30,
1941

S e p t . 24,
1941

208 banks 207 banks 207 banks 207 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 .

141, 246
76
42, 643
17, 508
60,132
3,915
1,249
49,115
6,367

142, 650
102
41, 387
21, 878
63, 031
3,942
1,255
58, 083
5,971

147,309
71
42, 823
21, 690
62, 385
3,915
1,256
55, 388
6,244

157,554
203
43, 249
22, 434
61, 285
3,919
1,263
59, 659
7,302

128,890
8,908
96

131, 469
8,794
79

146,116
8,630

165, 911
8,598
69

125
147

115
55

110
35

84
4

370
399

406
479

400
426

391
444

461,186

479, 696

496, 864

532, 369

202, 219
62, 111
339
6,222
51, 399
74, 835
10, 979
408,104
838,175

218, 747
61,813
310
4,040
59, 287
77, 748
4,200
426,145
855,556
70, 589

231, 483
61,045
294
5, 044
60, 559
79, 286
5,000
442, 711

259, 058
60, 594
267
6,388
58,105
87,127
5,625
477,164
409,887
67, 277

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 .

'9,479
10
35

147
459
470
236

369
486
219

359
560
226

401
660
62

409, 416

427, 277

443, 901

478, 291

1,244
12
23, 018
24,274
15, 907
8, 986
2,603

1,120
12
23, 090
24,222
15, 962
9,752
2,483

1,090
12
23,120
24,222
16. 219
9,910
2,612

1,072
12
23,137
24,221
16, 331
10,831
2, 695

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

52, 963

461,186

54,078

496, 864

51, 770

532, 369

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




32. 335

34, 877

36, 957

37, 387

37,151

39, 069

40, 356

40, 080

972
49

972
50

1,165
50

1,094
50

70, 507

74, 968

78, 528

78, 611

59, 254

64,866

68.406

66, 584

i9, 254

64,866

68,416

10
66, 584

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, 1941—Continued
OREGON
[In thousands of dollars]
Dec. 31,
1940

A p r . 4,
1941

J u n e 30,
1941

Sept. 24,
1941

26 b a n k s

26 b a n k s

26 b a n k s

26 banks

94, 281
74
75, 887
30,158
14,998
7,988
517
40,458
6,349

98,132
113

82, 597
29, 988
15, 589
9,666
571
44, 208
6,501

109, 234
141
106, 901
22, 612
12,074
7.134
596
39, 846
6, 483

123,467
145
109,147
22, 623
11,869
6,560
598
50,103
7,741

72, 712
6,654
115

75,606
6,651
79

70,694
6, 665
64

77, 738
6,710
62

145

166

57

741
164

887
292

748
172

908
304

351,196

371. 025

383, 530

418, 032

152, 563
109, 626
168
4,954
29, 308
24, 283
3,841

149, 718
109, 822
113
5,414
48,846
25,185
4,962
SU, 060
229,090
11 /h 970

164, 653
110, 951
115
7,739
44,190
24,024
4,181
355,853
238,986
116,867

190, 657
112,145
90
8,806
43, 338
29,099
5,416
S89,551
271,618
117,938

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
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

sn, 743
209, 878
1U, 865

147

168

63

707
815
181

857
650
141

857
917
285

326, 299

Total liabilities..

101
634
680
141

345,910

357,669

391, 673

121
10
8,799
8,930
8,338
4,468
3,161

114
10
8,806
8,930
10,124
2,932
3,129

114
10

104
10
8,816
8,930
11,023
3,272
3,134

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

8,806
8,930
10, 973
2,728
3,230

24, 897

25,115

25,861

26, 359

351.196

371,025

383, 530

418,032

63,308

68,290

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
TotalSecured liabilities: Deposits secured by pledged assets pursuant
to requirements of law
_
•
Total.




49, 786

60, 314

3,225

8,267

6, 213

5,199

582

2,706

2,694

>9,163

72,227

76,183

35,411

56, 880

51, 247

53,966

35,411

56,880

51, 247

53, 966

583

53, 594

REPORT OF THE COMPTROLLER OF THE CURRENCY

99

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1941—Continued
PENNSYLVANIA
[In thousands of dollars]
Dec. 31,
1940

A p r . 4,
1941

J u n e 30,
1941

Sept. 24,
1941

388 b a n k s 388 b a n k s 387 b a n k s 386 banks
ASSETS
884,495
850,710
Loans and discounts
931,666
61
32
49
Overdrafts.U. S. Government securities, direct obligations
__. 815,491 842,578 870,014
111,572 111,336
123, 200
Obligations guaranteed by U. S. Government
133, 259 135,100
123, 348
Obligations of States and political subdivisions
..369,606 357, 205 341,652
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
19, 263
19, 263
19, 264
Reserve with Federal Reserve bank
732, 701 812,896 781,644
Currency and coin
68,379
57, 572
64,963
Balances with other banks, and cash items in process of collec534,472 476,546 498,964
tion-.
76,313
76,077
B ank premises owned, furniture and
fixtures
—
75,409
26,883
Real estate owned other than bank premises
27, 533
25,681
Investments and other assets indirectly representing bank
1,308
premises or other real estate
'.
1,386
1,362
Customers' liability on acceptances outstanding
5, 658
6,527
6,200
Interest, commissions, rent, and other income earned or accrued
5,210
6,017
but not collected4,979
6,443
5,742
Other assets
._
8,678
3,758,013 3,819, 6
3,877,073
Total assets .

938,340
50
869,323
147, 281
136,828
335,299
19,147
888,490
73, 226
543,652
74,989
24,348
1,438
4,862
5,537
5,569
4,068,379

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.

1,369,985 1,366,620 1,497,549
1,068, 266 1,075, 586 1,078, 981
4,124
3,460
3,296
61,900
36,148
44, 777
122, 638 208,674
112, 795
636, 641 641,516 643, 794
17,091
25,591
19,974
3,289,145 3,349,095 3,401,166
\ 141,452 2,186,520 \ 237,730
1,162,575
,147,693
1,163,436
482

167

7,183
1,961
2,270
5,301
5,201
3,993
1,005
3, 308,065 3,365, 755

8,178
2,530
6, 292
4,192
3,422,525

1, 519, 215
1,071,392
3,143
50,333
230,005
701,394
17,791
3,593,273
2,439,605
1,153,668
87
6,357
2,719
6,686
2,927
3, 612,049

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock

SurplusUndivided profits
Reserves and retirement account for preferred stock..
Total capital accounts-.
Total liabilities and capital accounts _

13, 709
1,250
149,974
164,933
194, 313
60, 448
30, 254

13, 205
1,232
150,106
I64,543
193,936
65,406
30,044

449,8

453,929

12,627
1,232
149,176
163,035
199,900
62,689
30, 706
456, 330

3,877,073

3, 758,013 3, 819,6

12, 934
1, 232
150,089
164,255
197, 945
60,972
31, 376
454, 548

4,068, 379

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
J
Total _
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Total.




228, 797

212,091

229,463

236, 203

28, 301

25, 552

24,318

23, 310

4,315

4,948

261,413

242, 591

5,291
500
259,572

5,890
500
265,903

199, 294

188,-915

178,392

219, 383

271
199, 565

93_

167
178, 559

87

189,008

100

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, 194-1—Continued
RHODE ISLAND
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

12 banks 12 banks 12 banks 12 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 of other real estate
_
.
Customer's liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets

46, 308
2
16,329

55, 523
1
20,196
6,974
2,806
7,205
575
26,868
3,993
23, 740
673
129

57,190
5
23, 547
6,145
2,998
7,354
566
28, 917
4,711
22, 029
674
204

507

507
153

507
274

507
90

192
49

192

186
46

219
100

143,949

Total assets

19,438
6,592
2,619
7,261
577
25, 606
3,169
22, 930
683
144

141, 899

149, 696

155, 256

90, 321
17, 085
54
1,718
5,667
10, 335
1,223
126,403
109,033
17,370

91, 567
17, 382
50
1,395
3,852
9,122
918
124,286
106,573
17, 713

98, 233
17, 768
54
1,103
4,482
9,165
972
131,177
113,698
18,079

104, 587
17, 662
54
1,106
3,314
9,643
1,006
137,372
119,404
17,968

6,797
2,103
7,378
572
30, 224
4,101
28, 459
686
144

51,938
2

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

CAPITAL

153

274

96

153
115
156

234
128

193
163
155

234
182
11

126,949

Total liabilities,

122

124,810

132, 562

137, 895

346
7,126
7,472
7,575
1,882
205

340
7,126
7,466
7,586
1,988
321

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

385
7,102
7,487
7,548
1,748
217

346
7,126
7,472
7,568
1,825
224

17,000

17, C

17,134

17,361

143, 949

141, 899

149, 696

155, 256

2,749

3,144

3,016

3, 230

588

700

586

605

4,148

4,542

4,410

4,644

3,114

3,154

2,598

2,482

3,114

3,154

2,598

2,482

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.




809

811

REPORT OF THE COMPTROLLER OF THE CURRENCY

101

Assets and liabilities of national bank*,, by States, at date of each call during year
ended Oct. SI, 1941—Continued
S O U T H CAROLINA
[In thousands of dollars]
Dec. 31,
Apr. 4,
June 30,
1940 I 1941 i 1941
21 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.

Sept. 24,
1941
22 banks

21 banks | 22 banks

49,775
31
8, 381
1.635
7, 775
1,907
282
10, 750
5, 445

45,315
60
10, 050
1,788
9,180
2,152
287
12, 385
4,022

45, 762
28
10, 682
2,001
8,080
2, 174
292
11,827
5,171

47, 297
55

48,666
1,890
68
14

50, 413
1,893 !
64 i
8 I

50, 547
1,887
61
17

54, 988
1,910
60
34

54
388
137, 061

52
408

49
406

47
624

138,077

138,9

149,002

68,600
19,183
16
955
24,047
11, 462
1,845
126,108
106,381
19, 727

69, 606
20, 248
15
1, 705
20,001
13, 834
1,470
126, 879
106,092
20, 787

74,010
20,869
16
2,030
17,142
11,656
1,806
127, 529
106,125
21, 404

81,193
21,012
14
2,618
16,943
14,005
1,589
1S7,374.
115, 872
21, 50%

12, 043
2,459
8,230
2,200
294
13,036
5,725

LIAPILITIES

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, tax^es, and other expenses accrued and unpaid
Other liabilities

10

23

42

89
101

197
119
82

206
191
6

126, 495

Total liabilities
Capital stock:
Preferred stock
Common stock

18
165
77
127

127,167

127, 950

137, 819

929
4.596
5,525
3,075
1,403
563

927
4,698
5,625
3,266
1,438
705
11,034

5,595
3.307
1,618
663

10, 566

927
4,598
5,525
3,101
1,603
681
10,910

11,183

137,061

138,077

138, 984

149,002

6,355

7,404

7,983

9,203

6,254

6,124

5,323

5,686

CAPITAL ACCOUNTS

Total capital stock

Surplus
Undivided profits
..
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts

4,701

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 exercises 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




409

406

5

13,018

13,934

13,311

5
14,894

15,099

15,188

15,099

15,188

13,860
13,860

15,211
15,211

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, 1941—Continued
SOUTH DAKOTA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

40 banks 38 banks 38 banks 37 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_

_

30,480
22
8,206
3,051
6,013
1,076
171
6,776
1,597

30, 718
39
8,479
3,134
5,889
913
170
6,257
1,251

30, 431
28
8,717
3, 422
5,318
827
170
6,460
1,337

33, 264
54
8,948
3,562
5,335
771
169
6,600
1,491

11,790
1,546

10,188
1,621
37

11, 454
1,584
37

12,400
1, 576
5

274
79

310

311
117

71, 206

69, 093

70, 213

342
72
74, 617

29,929
17, 294
23
347
11, 797
4,192
456
64,038
48. 209
17,8?9

29, 386
17,149
21
359
10, 786
3,731
494
61, 926
44, 247
17, 679

29, 240
16,917
22
404
11,962
3,804
• 588
62, 937
45,491
17,446

34,051
16, 862
17
424
11,100
4,158
671
67,283
49, 895
17,388

99

28

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

40
79

73
39

39

111
135
27

113
162
2

139
122
18

129
188
22

64,441

Total liabilities

50
80

62,322

63, 328

67,661

452
15
3,195
3, 662
1,916
915
392

366
15
3,211
3,592
2,017
1,034
313

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

571
15
3,181
3,767
1,875
763
360

516
15
3,151
3,682
1, 864
871
354

6,765

Total liabilities and capital accounts

6,771

71, 206

69, 093

6,956
70, 213

74, 617

7,583

7,498

7,997

8,408

2,624

2,667

2,676

2,622

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___
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law_
Borrowings secured by pledged assets, including rediscounts and repurchase agreements_.
Total




.

401

397

400

400

10, 608

Total

10, 562

11,073

11, 430

9,104

8,383

9,114

8,383

9,187

50
9,154

73
8,368.

REPORT OP THE COMPTROLLER OF THE CURRENCY

103

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1941—Continued
TENNESSEE
[In thousands of dollars]
A p r . 4,
1941

J u n e 30,
1941

Sept. 24,
1941

71 b a n k s

71 b a n k s

71 b a n k s

192, 834
115
55, 372
21, 049
35,825
13, 769
2,601
54,152
9,956

194, 431
247
48, 370
22, 213
36,025
13, 338
2,620
63, 813
9,142

197, 578
142

50, 347
23, 876
36, 938
13,172
2,597
61, 724
9,146

205, 587
217
51, 587
31, 873
37, 290
13,817
2,596
66,488
11,331

142, 378
10,888
1,831

149, 647
10, 891
1, 759

151,903
10, 851
1,677

173, 244
10,886
1,534

269
98

263
137

733
599
542,469

752
715
554, 363

715
840
561, 994

182, 967
111, 523
342
16, 583
34, 520
141, 281
6,188
498,404
372, 058
121,346

178,448
112, 397
167
14, 936
44, 437
151, 088
3,329
504,802
382,461
122, 341

190, 477
114,096
165
17, 821
46,480
138, 452
4, 363
511,854
387,871

137

220

147

810
663
289
495, 264

906
764
289
506, 898

962
587
288
513,911

1,011
938
626
559, 851

5,445
100
18, 188
23,733
14, 110
7, 556
1,806

5,237
100
18, 300
23,637
14, 279
7,814
1,735

5,199
100
18, 300
23, 599
14, 437
8,144
1,903

5, 176
100
18, 302
23, 578
14, 960
7,998
1,942

Dec. 31,
1940

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 collectionB a k premises owTned, 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
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

256
147
561
915.
608, 329

206,155
113, 696
141
18, 929
48, 341
165, 286
4,581
657,129
433,797
123,332

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
C ommon stock
Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts

47, 205

47, 465

48, 083

48, 478

542, 469

554, 363

561, 994

608, 329

34, 509

34, 783

38,684

44,086

19, 255

18, 959

19,650

19, 550

114
35
53,913

122
93
53, 957

311
90
58, 735

210
90
63,936

57, 387

60,458

57, 387

60,458

MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
i.
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
Total


438775—42

47,888
47, £

51,630
51, 630

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. 31, 1941—Continued
TEXAS
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

J u n e 30,
1941

Sept. 24,
1941

446 banks 446 b a n k s 445 banks 445 b a n k s
ASSETS
502, 614
506,064
Loans and discounts
493, 924
871
1,086
824
Overdrafts
225,458
237, 537
249, 344
U. S. Government securities, direct obligations
43, 852
44, 337
56. 638
Obligations guaranteed by U . S . Government ..
104, 585
107, 026
105, 047
Obligations of States and political subdivisions.
20, 385
18, 602
19, 810
Other bonds, notes, and debentures-_
5,451
5,463
Corporate stocks, including stock of Federal Reserve bank
4,911
217, 218
215, 606
Reserve with Federal Reserve bank
210,237
29,125
27, 072
Currency and coin
27,411
Balances with other banks, and cash items in process of^collec497, 467
523, 529
562,050
tion
33, 901
33, 996
Bank premises owned, furniture and fixtures
33, 978
4,585
Real estate owned other than bank premises
4,648
4, 430
Investments and other assets indirectly representing bank
4,685
4,372
premises or other real estate
4, 278
332
158
Customers' liability on acceptances outstanding
520
Interest, commissions, rent, and other income earned or_>c508
705
505
crued but not collected
7_ _ _
1,349
1, 267
Other assets
1,156
1, 695, 662 1, 728,192 1,775,063
Total assets

537, 339
1,516
241, 645
67, 053
108, 071
19, 521
4,907
231, 744
30, 580
536,698
34,406
4,526
4,190
310
681
1,214
1,824,401

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

829, 774
873,175
911.443
183, 635
185, 256
184,164
1, 635
1,362
1,345
33, 964
30, 203
40. 869
131,030
151,860
137, 487
311,086
307, 979
310, 984
43, 578
15, 034
22, 434
1,534,702 1,564,869 /, 608, 726
1,328,852 1,355,912 1,399,967
205, 850
208, 957
208, 759

Bills payable, rediscounts, and other liabilities for borrowed
200
268
95
money
2
2
2
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and
158
332
outstanding
Interest, discount, rent, and other income collected "but not
734
803
earned
2,474
1,984
2,919
Interest, taxes, and other expenses accrued and unpaid _
1,342
824
1,062
Other liabilities
1,539,612 1, 569,082 1,614, 205
Total liabilities..
CAPITAL
Capital stock:
ACCOUNTS
Class A preferred stock
Class B preferred stock
Common stock »
Total capital stock
Surplus
Und ivided profits
Reserves and retirement account for preferred stock...
Total capital accounts

Total liabilities and capital accounts

964, 243
180,100
1,310
42, 968
130, 547
313, 790
21, 956
/, 654,914
1,451,337
203, 577
747
2
310
830
2,889
1,019
1, 660, 711

8,858
6
63, 487
72,351
51, 385
24, 573
7,741

8,183
6
63, 621
71, 810
52,163
27, 815
7,322

7,485
6
64,113
71,604
53,000
28, 335
7,919

156, 050

159,110

160, 858

163,690

1, 695, 662 1, 728,192 1,775,063

1,824,401

7,273
6
64,331
71, 610
53,122
31, 270
7,688

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 agreementAssets 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




135, 339

145, 804

166, 222

170, 559

, 50,309

48, 891

47, 971

50,260

1,059

1,055

1,366

1,425
111

186, 707

195,750

215,559

222,355

169,191

185, 702

186,966

186,901

200
169,391

95
185,970

707

187,061

187,608

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. 81, 1941—Continued
UTAH
[In thousands of dollars]
Dec. 31,
1940

Apr. 4, | J u n e 30, | Sept. 24,
1941

13 b a n k s

13 b a n k s

13 b a n k s

26, 693
85
11, 226
6, 236
3,480
1,483
208
12, 426
958

27, 328
100
12, 673
6,234
3,712
1,301
206
14, 048
903

28, 946
72

12, 692
6, 346
3,557
1,135
206
11,266
1,013

30, 619
107
12, ylO
6,618
4,358
992
210
11,491
976

26, 542
1, 598
60

22, 297
1,593
60

23, 510
1,577
50

26, 377
1,574
42

1,101

1,100

1,050

1,050

1
17

48

92,114

91, 603

91,446

97,463

34,854
22, 379
86
32
9, 210
16, 374
722
83, 657
6i,013
22, 6U

34, 815
22, 436
27
45
9,620
15, 740
503
83,186
60, 543

37, 753
22, 425
41
67
7,578
14, 756
476

42,301
22, 075
42
625
7,005
16, 393
558

121
144
47

130
116
160

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 collects
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 banks

1
138

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
e ar ned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

83, 969

83,096
60, U9
140
150
46

156
211
57

83, 592

;3, 432

;9,423

367
3,230
3, 597
2,542
1,232
640

215
3,382
3,597
2,553
1,223
641

190
3,432
3, 622
2, 594
1,213
611

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...

393
3,230
3, 623
2,517
1,215
790
8,145

8.011

8,014

8,040

92,114

91, 603

91, 446

97,463

326

256

308

892

107

107

111

106

79

79

79

79

512

442

250

153

250

153

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




1,077
770
243

770

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, 1941—Continued
VERMONT
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

41 banks 41 banks 40 banks 40 banks
ASSETS

Total assets

29,514
5
7,357
1. 647
2,986
7, 631
313
6,578
1,662

31,185
10
8,122
1,671
3,252
7,599
303
6,047
1, 220

32,108
6
7,588
1,618
3,131
6,762
300
5,538
1,515

31,988;
4
7,919
2,264
3,157
6,683
298
6,149
1,697

11,985
1,015
254

9.554

10,446
1,022
273

12, 239
1,009
264

28

28

28*

112

115
82
70, 478

123
66
70, 524

132
124

71,149

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

20. 827
35, 986
24"
483
1, 745
856
680
60,601
24,152
36, U9

19,315
36,292
15
389
2,142
1,014
650
69,817
23,0U
36,803

21, 759
34, 547
15
518
1,716
798
721
60,074
25,055
85,019

1,019
271

73,955

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

60, 818

Total liabilities _
Capital stock:

10

75
76
66

34, 721
15
463
2,734
833
625

68,877
28,174
85,203

62

142
74
100
60,452

59, £

180
86
74
63, 717

543
100
4, 251
4,894
2,686
1,663
829

530
100
4,253
4,883
2,693
1,870
792

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 _

563
100
4,400
5,068
2,777
1,633

858

543
100
4,401
5,0U
2,783
1. 813
840

Total capital accounts

10, 331

10, 480

10, 072

10,238

Total liabilities and capital accounts

71,149

70, 478

70, 524

73, 955 •

1.064

1, 048

1,097

1,183

512

510

463

443

37

51

1,581

1, 558

1,597

1, 677

1,176

1,091

1,099

1,081

10

62

1,101

1,161

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.



5

1,176

1,081

107

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, 19U—Continued
VIRGINIA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30, Sept. 24,
1941
, 1941

130 banks 130 banks 130 banks 130 banks
ASSETS

Loans and discounts
O verdraf ts
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
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
•Other assets
Total assets

178, 770
51
63,116
15, 521
15,472
12, 632
2,230
67, 679
12,021

180, 929
67
68,069
15,487
16,001
12,097
2,233
80, 028
10,881

183,530
44
69,531
17,429
16,454
11,958
2,296
82, 328
12,310

186, 637
67
69,308
20,951
15,993
12, 646
2,251
103,856
14,132

96,465
9,230
2,461

100,113
9, 387
2,385

104,671
9,366
2,178

112, 746
9,468
2,040

1,103
9

1,078
24

1,068
1

1,055
2

396
846
478,002

441
1,031
500, 251

409
1,078
514, 651

466
1,063
552, 681

172,898
147,139
456
4,107
25, 534
66, 398
6,971
423,503
267,252
156, 251

186, 490
152, 597
450
3,765
26,854
70,395
4,391
444,942
282,980
161,962

195, 312
154,853
451
4,243
31, 393
67,811
5,288
459,351
295,082
164, ^69

219,945
156,882
367
4,875
27, 523
81,083
5,740
496,415
330,289
166,126

102

270

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

9

24

1

2

580
493
695
425, 387

602
880
165
446, 883

665
481
625
461,123

730
769
306
498, 222

1,113
13
23,598
24,724
18,023
7,091
2,777
52,615
478,002

1,014
13
23,637
24,664
18,081
7,838
2,785
53, 368
500, 251

999
13
23, 637
24,649
18, 338
7,584
2,957
53, 528
514,651

978
13
23,641
24,632
18,365
8,423
3,039
54,459
552.681

26, 399

29,822

35, 243

35, 411

10, 404

10, 797

10, 705

10,144

3,226
5
40,034

3,451
5
44,075

3,506
5
49,459

3, 923
4
49,482

30, 993

32,813

36, 574

34,876

100
31,093

270
33,083

36,574

34,876

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.
._




108

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, 1941—Continued
VIRGIN ISLANDS OF THE UNITED STATES
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

J u n e 30,
1941

Sept. 24,
1941

1 bank

lbank

lbank

lbank

ASSETS

Loans and discounts
U . S . Government securities, direct obligations
Obligations guaranteed by U 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
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 .

_..

_ __ _.

__ __

635
19
112
80
182
196

685
39
112
80
173
171

739
125
8

760
225
12

172
163

172
23Q

448
12
4

533
12
4

707
12
4

759
12
4

15
2

3
7

15
4

3
2

1,705

1,819

1,949

2,179

302
942
66
142
5
1

363
1,031
42
249
2

1,013

312
998
56
187
4
3
1,560
495
1,065

1,687
569
1,118

446
1,062
75
322
3
3
1,911
758
1,158

2
10

2
24

3
15

3
3
21

1,470

1,586

1,706

1,938

120
30
150
20
15
50

120
30
150
20
15
48

120
30
150
20
15
58

118
32
150
20
18
53

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
_.
__ __
Interest, discount, rent, and other income collected but not
earned
_
__
_
_
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities. .

__

._ .

i,m

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

235

233

243

241

1,705

1,819

1,949

2,179-

112

112

112

112

112

112

112

112

66

56

41

75

66

56

41

75

MEMORANDA

Pledged assets: U . 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




REPORT OP THE COMPTROLLER OF THE CURRENCY

109

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1941—Continued
WASHINGTON
[In thousands of dollars]
Dec. 31,
1940

Apr. 4
1941

June 30,
1941

Sept 24,
1941

43 banks 43 banks 43 banks 43 banks
ASSETS

Total assets

186, 967
162
104, 334
14, 942
31,022
10,572
1,724
61,787
12,152

194,471
201
109,848
17, 450
31, 334
7,199
1,740
73, 769
10, 267

208,732
200
110, 552
18, 736
23,839
10, 657
1,747
67,494
11, 226

232,628
247
115,436
17,612
25,840
8,000
1,714
74,072
13,976

136, 981
7,675
434

135, 380
7. 755
462

132, 520
7,864
419

144,942
7,787
467

4
181
665
544

168

187

229

876
423
591,343

714
501
595,394

877
504

570,146

Loans and discounts
O verdraf ts
^
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
1
Interest, commissions, rent, and other income earned or accured
but not collected
Other assets

644,339

264, 523
141,484
199
5,500
46,160
60, 428
4,849
523 1A3
379,940

270, 271
141,281
198
3,370
60, 621
62, 525
5,238
543,504
400,486
143,018

277,255
142,921
198
3,823
55,194
62,411
4,792
546,594
401,937
144, 657

309,562
145, 667
178
4,307
52,367
74,870
5,944
592,895
445,505
147,390

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
1Deposits 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

174

221

236

1, 353
961
717

1,516
719
1,050

1,675
1,301
1,182

525,920

Total liabilities

230
1,216
630
701

546, 709

550,100

597, 289

1,868
12
20,277
22,157
10,344
7,131
4,594

1,766
12
20, 297
22,075
10, 620
7,182
4,757

1,755
12
20,298
22,065
10, 675
7,610
4,944

1,740
12
20,298
22,050
10,880
8,360
5,760

44,634

45,294

47,050

591,343 | 595,394

644,339

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

44, 226
570,146

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




64,475

78,810

73,103

76,167

10,497

10, 075

10, 873

10,597

22
74,994

2
88,887

270
84,246

46
86,810

56,056
56,056

70,385
70,385

66,030
66,030

64,369
64,369

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, 1941—Continued
WEST VIRGINIA
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

77 banks

77 banks

77 banks

77 banks

70,416
10
20, 658
11,337
7,744
7,988
1,165
17, 510
6,544

70, 732
20
22, 829
11, 253
8,314
7,890
1,142
17, 574
5,944

75, 200
15
23, 691
11, 896
8,727
7,829
1,127
18, 621
6,636

74, 574
30
25, 011
12, 767
9,010
7,689
1,130
21, 579
8,392

49, 912
5,075
2,069

54, 222
5,065
1,915

53, 903
5, 050
1,759

63,067
5,087
1,632

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

62

59

59

49
370

56
328

39
378

200,908

Total assets

20
46
414

207, 381

214, 897

230, 444

81, 218
62, 816
426
2,300
14,024
11,694
3,977
176, 455
112,447

87,458
64, 980
408
1,482
12, 985
13, 294
1,827
182, 434
116,284
66,150

93, 942
64,446
414
1,805
13, 557
12, 701
2,913
189, 778
124,124
65,654

.104,916
64, 751
355
2,079
14, 720
15, 367
2,667
204,855
138,919

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
earne d
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

10

18

151
231
156

154
290
55

187
291
157

191
3Q9
84

177,003

182, 951

190, 421

205, 439

799
60
10, 566
11, 425

760
60
10, 580
11, 400
8,394
3,639
997

760
60
10, 580
11,400
8,592
3,448
1,036

736
60
10, 619
11,415
8,772
3,777
1,041

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

3,136
985
23, 905

24, 430

24,476

25,005

200,908

207, 381

214, 897

230,444

15, 774

16,118

16,110

17,861

3,955

3,957

4, 228

4,317

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



3

10

137

19,752 j

20,078

20, 348

22, 315

15, 726

14,469

15,148

15, 726

14,469

15,148

17,062
17,062

23

REPORT OF THE COMPTROLLER OF THE CURRENCY

111

Assets and liabilities of national bank;, by States, at date of each call during year
ended Oct. 31, 1941—Continued
WISCONSIN
[In thousands of dollarsj
Dec. 31,
1940

Apr. 4,
1941

J u n e 30,
1941

Sept. 24,
1941

103 b a n k s 101 banks 99 b a n k s 99 banks
ASSETS

Total assets

149, 682
31, 759
24, 423
59,883
1,797
90, 365
12,123

127, 283
32
159, 081
31,096
23, 650
57, 469
1,797
90,404
9, 501

133, 367
21
169,051
33,080
23,091
47, 675
1, 786
109,400
11, 522

136, 603
44
140, 940
38, 615
23,481
42, 297
1,643
118, 908
12, 541

136, 279
10, 847
1,142

146, 602
10, 698
917

133,230
10, 601
810

141, 586
10, 696
742

269
23

267
25

175
26

21
14

1,093
1,408

1, 460
1,530

1,045
1,955

1, 328
1,117

639, 275

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 wtih 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..

661,812

676,835

670, 575

243, 731
208, 367
218
10,881
29, 334
79, 324
6, 729
578, 584
368, 623
209, 961

238, 331
204, 773
225
2,010
59, 363
88, 203
6,190
599, 095
392, 619
206, 476

257, 941
203,402
205
2,450
53, 061
83, 476
12,887
613, 422
408,330

269,121
205,168
201
2,486
44, 510
85, 481
5,769
612, 736
405, 846

118,149
33

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_. 1
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

25
398
1,016
214

423
729
272

445
1,220
306

579, 981

Total liabilities

23
334
605
435

600, 748

614, 872

614, 721

9,617
50
22, 532
32,199
12, 771
7,670
6,654

9,378
45
22, 264

9, 354
45
22, 203
31, 602
13,045.
9, 440
7,876

1,739
35
24,696
26, 470
14, 270
8,708
6,406

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

31, 687
12, 937
8,860
7,580

59, 294

61,064

61,963

55, 854

639, 275

661,812

676,835

670, 575

20, 291

1(1, 446

12,099

12, 431

1,237

1, 344

1,152

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.




1, 938

1,896 I 1,972

2,078

23, 466

13,686 I 15,223

15, 458

I
15,993
15,993

7, 701
7, 701

8,139
8,139

7,746
7, 746

112

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national bankb, by States, at date of each call during year
ended Oct. 31, 1941—Continued
WYOMING
[In thousands of dollars]
I

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

26 banks

26 banks

26 banks

26 banks

17, 780
12
8,494
1,784
3,423
801
145
7,353
1,574
19,974
678
12

18,112
22
7, 750
1,887
3, 561
756
146
6,633
1,287
19, 217
687
9

19, 802
23
7,865
2,034
3, 538
662
149
5, 222
1,759
17, 227
671
11

20, 776
28
7,766
2,147
3,678
737
150
5,009
1,863
17, 735

182

181

179

178

23
15
62, 250

55
15

61
26

48
24

60, 318

59, 229

60, 845

25,133
15, 748
28
329
7,704
6, 522.
449
55,913
39,219
16,694

24, 451
15, 595
18
401
7,059
6,000
493
54,017.
37, 487
16,530

24, 422
15,182
24
322
6,899
5,540
456
52, 845
36, 722
16,123

26, 560
15,083
23
350
6,374
5,505
504
54,399
38,374
16,025

119
4
56
56,168

139
17
2
54,175

149
11
61
53,066

163
15
12
54,589

203
200
2,150
2,558
1,944
1,324
261
6,082

200
200
2,153
2,553
2,050
1,289
251
6,143

" 200
100
2,253
2,553
2,066
1,283
261
6,163

193
100
2,270
2,563
2,071
1, 366
256

62, 250

60,318

59,229

60, 845

6,961

6,459

6,728

6,334

2,143

2,057

2,127

2,100

71
9,175

136
8,652

226

234

9,081

8,668

7,909

7,415

7,264

6,804

7,415

7,264

6,804

Dec. 31,
1940

ASSETS

Loans and discounts
O verdraf ts
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
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 liablities 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 ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Toted capital stock _
•

Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

6,256

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




76

TABLE N O . 22.—Principal items of assets and liabilities of national banks, by size of banks according to deposits, Dec. 31,
SUMMARY
[In thousands of dollars]

^

Loans and investments

Number
of banks
Total

Banks with deposits of—
$100,000 and undor..
$100,001 to $250,000
$250,001 to $500,000
$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
$5,000,001 to $50,000,000
$50,000,001 to $100,000,000:
$100,000,001 a n d over

Total-




.
1_
V_.'I
:Ut
. J;J
_wi-_
' _'•
L1:
'

Cash, balances with
other banks,
U. S. GovLoans and
including re- Total assets
Other
discounts, in ernment observes with
eluding redis- ligations— bonds and Federal Recounts and
direct and
securities serve banks
overdrafts
guaranteed

15
289
812
689
553
1,195
919
595
37
46

1,
2,
5,
1,
12,

3,038
46, 516
244, 592
326, 250
369, 246
255, 549
059, 433
056,123
568, 236
766,830

739
31, 377
150,939
191, 215
204,158
649, 267
1,011,021
2, 414, 912
766, 052
4, 608, 093

5,150

23, 695, 813

10, 027, 773

1,986
8,041
45, 669
64, 070
79, 522
301, 911
561, 281
1, 703, 007
566, 007
6,421,111

313
7,098
47, 984
70, 965
85, 566
304, 371
487,131
938, 204
236,177
1, 737, 626

1,126
21, 479
113, 519
157, 558
171,850
620, 439
1, 076. 471
3, 274, 873
1,123, 010
8, 559, 742

9, 752, 605 3, 915, 435

15, 120,067

Capital
stock

Surplus,
profits,
and reserves

Total deposits

4,274
69, 953
367, 966
496, 612
555, 977
929, 415
232, 834
570, 613
761, 509
744, 809

2, 130
9, 325
34, 354
36, 462
37, 438
119, 786
171, 772
370, 900
111,449
633, 621

755
4,962
23, 617
32, 331
36, 290
124, 267
208, 978
433, 510
128, 451
1, 016, 000

1,
2,
7,
2,
19,

39, 733, 962

1, 527, 237

2, 009,161

35, 852, 424

1,
3,
8,
2,
21,

955
55, 266
308, 738
426, 554
480, 830
681,094
842, 077
733, 602
509, 047
814, 261

O

o

DEPOSITS OF $100,000 AND UNDER
[In thousands of dollars!
Loans and investments
Location

Rhode Island.
_ __.__-. ... ._
Alabama
. _ __. ... ... _ ... ...
_
_
Texas
Total Southern States
Ohio
_
Illinois
Total Middle Western States
Nebraska.
.__._.
Kansas
Montana
__. .
Total Western States
_
Grand total

Number
of banks

Total

U. S. GovLoans and
discounts, in- ernment obcluding redis- l i g a t i o n s direct and
counts and
guaranteed
overdrafts

Other
bonds and
securities

Cash, balances with
other banks,
including reserves with
Federal Reserve banks

Total assets

Capital
stock

Surplus,
profits,
and reserves

Total deposits

o
so
O

1

132

90

25

17

37

172

100

35

37

1
7

62
523

33
430

38

29
55

46
242

145
800

50
180

11
86

83
533

W

8

585

463

38

84

288

945

230

97

616

1
1

83
1, 821

34

21
1,767

28
54

29
657

113
2,490

25
1,500

8
559

79

O
O

2

1,904

34

1,788

82

686

2,603

1,525

567

79

2
1

159
200
58

98
54

53
81
1

8
119
3

50
39
26

224
241
89

50
200
25

12
41
3

162

1
4

417

152

135

130

115

554

275

56

223

15

3, 038

739

1,986

313

1,126

4,274

2,130

755

955

61

g
so
o
SO
O

STATE LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF BANK LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED

Illinois, District No. 7




1,821

1, 767

54

657

2,490

1,500

559

O
50
H
O

TABLE N O . 22.

Principal items of assets and liabilities of national banks, by size of banks according to deposits, Dec. 31, 1940—Continued
DEPOSITS OF $100,001 TO $250,000
[In thousands of dollars]
Loans and investments
Number
of banks

Location

New Hampshire
Vermont Massachusetts
Connecticut

5
3
2
2

Total New England States
New York..
New Jersey... .__
Pennsylvania

Louisiana--- _.
Texas
Arkansas . _
Kentucky
Tennessee __
_ -

.

277
117
58
91

407
180
121
215

1,484
750
411
627

265
125
75
100

193
94
85
93

Total
deposits

1,016
529
249
431

______

_ _ _ _

_.
__

_
_.

._.

__
...

Total Middle Western States




...

2,278

1,353

382

543

923

3,272

565

465

2,225

16
1
18

3,210
164
3,785

1, 778
141
2,302

679
20
608

753
3
875

868
76
919

4,217
277
4,929

533
50
688

348
10
404

3,322
216
3,836

7,159

4,221

1,307

1,631

1.863

9,423

1,271

762

7,374

3
3
1
4
1
59
2
3
4

490
646
153
551
153
8.501
280
559
673

316
439
79
352
151
6, 527
154
376
566

75
166
58
37
802
56
98
18

99
41
16
162
2
1,172
70
85
89

273
182
108
374
115
5,115
191
180
369

798
862
268
948
279
13,969
482
758
1,067

146
110
25
115
50
2, 025
55
100
140

54
77
35
79
17
1,067
38
77
69

598
665
208
753
211
10,850
389
581
859

12,006

8,960

1,310

1,736

6,907

19, 431

2,766

1,513

15,114

8
5
11
3
3
3
9

__

..-

123
48
100
111

Surplus,
profits,
and reserves

80

_ _ ..

Total Southern States.._ ___ _
Ohio
Indiana _ _
Illinois
Wisconsin
Minnesota
Iowa . _.
Missouri

634
393
128
198

Capital
stock

35

__ .

.

1,034
558
286
400

Total
assets

12

Total Eastern States
Virginia
West Virginia
Florida
Alabama. _ -

Total

Loans and
discounts,
including
rediscounts
and overdrafts

Cash, balances with
other banks,
U. S. Govincluding
ernment
Other
reserves
obligations- bonds and with Feddirect and
securities
eral Reguaranteed
serve banks

1,606
812
1,602
502
447
500
1,422

1,006
655
800
366
239
316
1,018

191
106
443
90
105
115
294

409
51
359
46
103
69
110

464
330
1,021
227
185
348
625

2,107
1,170
2,703
755
652
868
2,120

255
125
315
110
75
100
333

183
66
183
23
33
79
116

1,667
979
2,203
621
543
684
1,644

42

6,891

4,400

1,344

1,147

3,200

10, 375

1,313

683

8,341

North Dakota ._ .
South Dakota
Nebraska
- Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Oregon „
California
Idaho
Utah
Total Pacific States
Grand total

_

__
_

8
4
24
35
2
1
5
1
34

1,209
577
4,090
4,886
281
98
690
65
5,127

894
405
2,740
3,412
218
56
412
42
3, 391

219
72
987
1,104
41
41
152
22
843

96
100
363
370
22
1
126
1
893

547
254
1,680
2,569
67
169
444
103
2,270

1,821
863
5,953
7,642
373
272
1,158
182
7,503

217
120
842
956
50
25
140
25
870

93
39
330
426
11
25
49
8
439

1,381
704
4,668
6,246
312
222
967
149
6,172

114

.

. .. _ .
_
.._ - _

17,023

11, 570

3,481

1,972

8,103

25, 767

3,245

1,420

20,821

2
2
1
1

362
392
170
235

256
343
117
157

73
41
46
57

33
8
7
21

190
134
94
65

561
536
281
307

50
60
30
25

36
35
8
40

472
435
242
242

6

1,159

873

217

69

483

1,685

165

119

1,391

289

46,516

31,377

8,041

7,098

21, 479

69, 953

9,325

4,962

55, 266

O
ft*

W
o
o

STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF RANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED
282
205
379
76
436
147
272
3,306

83
72
18
46
228
35
77
832

CO CO M

449
413
464
131
825
221
387
5, 009

CO CO




2
2
3
1
6
1
2
32

00

Kentucky, District No. 4
. _
Pennsylvania, District No. 4
Tennessee, District No. 6
_ _
_
Indiana, District No. 7
Illinois, District No. 7 .
Wisconsin, District No. 7
Missouri, District No. 10
.
_.
Oklahoma, District No. 10

871

144
144
267
141
697
74
173
2, 109

602
580
744
274
1, 558
303
565
7, 217

75
75
90
25
150
50
90
820

61
48
43
17
94
19
27
427

466
457
611
232
1,314
233
421
5,948

ft)
ftJ

3
o

TABLE NO. 22.—Principal items of assets and liabilities of national banks, by size of banks according to deposits, Dec. 31, 1940—Continued
OO

DEPOSITS OF $250,001 TO $500,000
[In thousands of dollars]
Loans and investments
Location

Number
of banks

Maine
New Hampshire
Vermont
Massachusetts
Connecticut

507
3,050
3,148
3,149
1,484

Total New England States....
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States...

Total Southern States




309
1, 977
1,770
1,293
824

U. S. Government
Other
obligations— i bonds and
direct and | securities
guaranteed

Cash, bal- *
ances with
other banks,
including
reserves
with Federal Reserve banks

Total
assets

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

442
1,573
1,198
1,366
691

43
392
362
736
408

962
4,734
4,507
4,562
2,214

75
613
627
600
395

116
456
575
605
289

771
3, 620
3,300
3,341
1,523

27, 509
3,865
48, 728
1, 388
2,329

2,
425
4, 960
179
235

1,
150
3,861
58
136

22, 304
3,286
39, 731
1,149
1, 957

11,338

6,173

1,941

3, 224

58
8
104
3
5

20, 551
2,607
36, 012
929
1, 663

11,307
1,458
20, 533
553
902

3, 777
644
6,405
147
286

5,467
505
9,074
229
475

6,224
1,137
10, 735
413
635

178

61, 762

34, 753

11,259

15, 750

19,144

3,819

6,916
3,568
928
451
3, 031
464
2,248
25, 483
1, 554
4, 327
3,499

5,271
1,919
551
312
2,079
227
1,709
17, 088
916
2,992
2,367

1, 050
691
186
77
494
135
207
3, 449
180
738
427

595
958
191

10, 239
5,226
1,511
900
5,447
953
4,593
40, 473
2,963
6,150
5,693

920
525
125
50
605
75
435
3, 980
278
580
477

561
222
71
49
403
69
391
2, 860
175
484
251

8,735
4,478
1,307
801
4,433
807
3,758
33, 524
2,508
5,064
4,962

52,469

35, 431

7,634

458
102
332
4,946
458
597
705
9,404

3,001
1, 443
542
439
2,216
470
2,146
14, 021
1,329
1,606
1, 975
29,188 j

84, 148

8,050 |

5,536

70, 377

9,196
6,242
13, 223
2,637

5,031
3,744
7,626
1,495

1,878
1,690 j
3, 155
725 I

2,287
808 i
2,442 |
417 !

3,379
2,962

12, 851
9,430
22, 369
3,705

1,230
730
2,015
385

979
586
1, 147
157

10, 621
8,103
19,158
3,160

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Texas
Arkansas
Kentucky
Tennessee
Ohio
Indiana
Illinois
Michigan

Total

Loans and
discounts,
including
rediscounts
and overdrafts

186

m

948

8, 782 | '

6, 204

68,427

Wisconsin.
Minnesota
Iowa
Missouri

_..
_

__ _
_

. ..

2,242
13, 394
3, 801
3,671

1.263
8,183
2,703
2,463

545
2, 865
700
698

434
2,346
398
510

805
.5, 470
1,868
2,041

3,147
19, 359
5,770
5,833

320
1,519
420
515

91
869
338
310

2,732
16, 935
5,007
5,002

184

54,406

32, 508

12, 256

9,642

26,133

82, 464

7,134

4,477

70, 718

11
15
36
46
9
17
3
67

3,668
3,809
10, 027
13, 278
2,161
4,892
630
17,497

2,509
2,472
6,968
8,909
1,469
3,499
407
10,197

725
627
2,329
3,340
339
831
166
2,955

434
710
730
1,029
353
562
57
4,345

1,092
2,022
5,519
5,950
1,405
3,130
647
9,196

4, 919
5,975
15, 841
19, 578
3,701
8,127
1,290
27,170

380
513
1,459
1,698
326
553
75
2,002

209
237
860
1,213
123
443
76
1,458

4,320
5,169
13, 358
16, 637
3,252
7,005
1,138
23, 677

204

55,962

36, 430

11,312

8,220

28, 961

86, 601

7,006

4,619

74, 556

8
4
11
3
3

.

7
43
13
12

2,769
1,085
3,047
734
1,020

1,592
674
1,981

543
177
342
73
132

634
234
724
132
20

1,303
567
1, 918
493
542

4,155
1,715
5,197
1,291
1,597

282
126
465
100
100

199
87
279
48
127

3,666
1,500
4,437
1,141
1,361

.

.

Total Middle Western States
North Dakota.. _ _ _
South Dakota
Nebraska _ ._ __ _ .
_
Kansas
Montana__Colorado
New Mexico
_.
Oklahoma

.
-

..

_ ..
..

__ ...

. - _ . . _

Total Western States
Washington
Oregon
California
Idaho
Utah

- ._ -

Total Pacific States

.

Grand total

.

29

8, 655

5,644

1,267

1,744

4,823

13, 955

1,072

740

12,105

812

244, 592

150, 939

45, 669

47, 984

113, 519

367, 966

34, 354

23, 617

308, 738

STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED

New Jersey, District No. 2__
Kentucky, District No. 4
Pennsylvania, District No. 4
Tennessee, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7
Missouri, District No. 10
Oklahoma, District No. 10.__




2
6
25
11
12
30
5
3
2

668

2,217
8,681
3,288
3,468
7,621
1,718
923
591

16, 549

361
1,470
4.678
2,224
2,138
4,562
962
482
556

449

279

28
298

372
754

1,488

2,515

1,937

1,122

2,861
1,710
1,897
5,147

391
885

511
250
17

2,936

673
445

245
191
18

3,916

560
318
210

8,764

1,070
3,126
11,852
5,203
5,451
13,043
2,349
1,294

106
295

18
284

1,140

1,008

1,145

811

235
125
75

232
381
704
123
40
43

25, 742

1, 865

1,392

427
395

943

2, 526
9,675
4,541
4,666
11,159
1,989
1,126
694

22,455

TABLE NO. 22.—Principal items of assets and liabilities of national banks, by size of banks according to deposits, Dec. 31, 1940—Continued
DEPOSITS OF $500,001 TO $750,000
[In thousands of dollars]
Loans and investments
Number
of banks

Location

Maine
New Hampshire
Vermont, . . .
M assachusetts
Rhode Island
Connecticut

2

6
6
10
1
2

._

1,166
2,619
3,338
5,001
716

1,308

881

1,457
2,120
2,428
260
470

Cash, balances with
other banks,
including
U. S. Govreserves
ernment
Other
with Fedobligations- bonds and
eral Redirect and
securities
serve banks
guaranteed
173

429
582
1,315
299
274

112

733
636
1,258
157
564

481

1,470
918
2,580
206
744

Total
assets

1,706
4.286
4,341
7,758
944

2,103

Capital
stock

226

400
478
727
120
200

Surplus,
profits,
and reserves

184

415
307
689
88
515

Total
deposits

1 295
3,472
3,549
6,322
727

1,378

27

...

.

-

Total Eastern States

7,616

3,072

3,460

6,399

21,138

2,151

2,198

16, 743

78
4
12

28,476
8,725
42,484
2,116
6,155

15,167
4,112
22,837
1,298
2,557

5,683
2,115
7,526

7,626
2,498
12,121

9,473
4,073
13, 501

3,111
624
4,755

635

789

3,634
1,126
4,588

1,849

1,749

2,190

39,044
13,199
58, 402
3,077
8,541

284
603

349
658

32,188
11,431
48, 923
2, 443
7,278

87, 956

45,971

17,356

24, 629

30,026

122, 263

10, 235

9,497

102, 263

17

_.
..__

14,148

52
18

164

Total New England States
New York
New Jersey _._
Pennsylvania
Delaware _
Maryland
Virginia
West Virginia .
North Carolina
South Carolina
G eorgia
Florida
Alabama
Mississippi
Louisiana .
Texas
Arkansas.
Kentucky
Tennessee . _

Total

Loans and
discounts,
including
rediscounts
and overdrafts

8, 535
4,481
349

5,919
2,923
294

1.336
755
34

1,280
803
21

3,659
1,985
350

771

41
557

287
376

415
325
90
100
3,825
718
978
284

355
250
46
89
3,621
535
863
294

11 039
5,664
628
1,291
4 742
4,486
4 320
591
1,400
45, 730
8,969
9, 805
3, 849

8,887

7,905

102, 514

634

306

7
7
1
2
73
14
17
6

3,554
3,160
3,061
504
981
32,955
5.482
7,656
2,619

2,621
1,988
2,189
230
362
21, 708
3, 513
5.015
1,807

670
394
129
166
4,099
699
1,473
214

502
478
145
453
7,148
1,270
1,168
598

2, 205
1,862
1,733
195
574
19,069
4,574
3.636
1,721

12, 648
6,699
707
1,480
5,881
5,300
4,902
731
1,598
53, 251
10, 237
11, 649
4,428

164

73,971

48,875

10,567

14,529

42,383

119, 511

9
1

-.
.

_

Total Southern States




_

_._

_..., .
_

._

183

2
8

to

o

820

816

684
25

349
50

100
527

89
593

Ohio
Indiana .
Illinois
Michigan _ _
Wisconsin
Minnesota
Iowa
Missouri

6,228
2 169
10, 809
2,186
3 572
6,199
4 802
2,941

23, 742
6,688
30, 809
6, 600
11,082
25, 086
11, 035
8,037

1,738
483
1,986
400
695
1,493
810
589

1,466
350
1,539
295
579
1,102
569
340

20, 509
5,853
27, 253
5,905
9,787
22, 385
10, 542
7,099

19, 015

15, 828

38, 906

123, 979

8,194

6,240

109, 333

482
772
2, 175
3, 490
564
840
1,126
291
1,827

255
611
1,159
2,087
639
380
1,007
152
4,386

680
1,578
5,428
8,169
2,015
2,268
4,084
1,626
7,482

3,528
5,334
15, 353
23, 377
4,556
5,661
9,799
3, 443
20, 754

200
304
1,075
1,573
290
363
640
205
1,327

150
269
1,109
1,268
183
377
575
164
1,395

__

3,116
4,758
13,076
20,493
4, 078
4,812
8,476
3,074
17, 976

__

Total Western States

34, 594

11, 567

10, 676

33, 330

91, 805

5,977

5,490

79, 859

1,117
1,244
3,024
1,178
50

398
611
1,014
248
222

237
538
981
70
17

1,256
1,789
2,398
684
387

3,046
4,364
7,615
2,208
683

150
225
473
120
50

205
301
354
123
18

__

Total Pacific States___
Grand total

._ .

2,684
3,829
6,756
1,958
615

82, 389

47, 546

2,739
3,656
9,693
14, 768
2,434
3,280
5,579
1,753
12, 935

2,002
2, 273
6,359
9,191
1,231
2,060
3,446
1 310
6,722

132

Total Middle Western States
North Dakota
_.
South Dakota
Nebraska,
_ _ _ _ _
Kansas
Montana,
__ _
Wyoming
Colorado
New Mexico
Oklahoma

10,172
2 852
10, 238
1,966
4 086
10, 343
4 801
3,088

5
8
22
33
7
8
14
5
30

„_

16. Q49
4,376
19,414
4,249
7 250
18, 227
6,973
4,951

177

. _ .

Washington
Oregon
California
Idaho
Nevada..

3,280
781
4, 271
1,042
1 502
3,188
1 027
.737

33
10
44
9
16
36
17
12

___

56, 837

4
6
11
3
1

1,752
2,393
5.019
1,496
289

3,497
743
4,905
1,241
1 662
4,696
1 145
1,126

25

10,949

6,613

2,493

1,843

6,514

17,916

1,018

1,001

15, 842

689

326,250

191, 215

64,070

70,965

157, 558

496, 612

36, 462

32, 331

426, 554

STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND L1ABILITES OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED
New Jersey, District No. 2__.
Kentucky, District No. 4
Pennsylvania, District No. 4.
West Virginia, District No. 4
Louisiana. District No. 6
Tennessee, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7
Missouri, District No. 10
Oklahoma, District No. 10. _.




6
10
23
1
1
5
6
26
3
6
4
28

2,907
4,250
11.574
552
563
2,142
2, 559
10,614
1,368
2,852
1,791
11, 982

1,186
2,910
5,222
247
81
1,490
1,812
5,927
599
1,498
870
6,186

773
910
2,236
242
136
144
326
2,513
366
653
543
1,719

948
430
4,116
63
346
508
421
2, 174
403
701
378
4,077

1,639
2,129
5,078
210
186
1, 369
1,090
6,993
662
1,121
784
7,078

4, 655
6,552
17,154
828
771
3, 584
3,703
17, 893
2,081
4,089
2, 590
19, 343

369
525
1,085
100
50
200
210
1,088
125
250
175
1,227

205
522
1, 304
31
22
214
228
829
78
220
107
1,267

4,079
5,503
14, 754
697
698
3,170
3,263
15, 950
1,878
3, 608
2,302
16, 797

TABLE N O . 22.—Principal items of assets and liabilities of national, banks, by size of banks according to deposits, Dec. 31, 1940—Continued
DEPOSITS OF $750,001 TO $1,000,000

fcO

[In thousands of dollars]

Loans and investments
Number

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

--

of banks

482
1,155
570
1,154
119
1.Q62

743
1,336
893
1,474
422
900

1,152
2,976
997
4,166
827
1,464

3,079
9,206
4,120
11,956
2,374
5,285

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

275
700
350
916
200
379

232
918
316
923
332
509

2,571
7,568
3,448
10,087
1,838
4,383

. - _ - - .
-

34

23,486

13,176

4,542

5,768

11, 582

36,020

2,820

3,230

29,895

54
23
81
3
8

40,113
16,729
59, 625
1,919
5,891

20,261
6,706
30, 944
967
3,056

9,576
5,235
11, 390
469
1, 516

10, 276
4,788
17,291
483
1,319

14, 082
6,125
21,119
882
2,104

55, 788
23,612
83, 535
2,959
8,290

4,590
1,872
5,929
225
399

3,850
1,428
6,804
303
645

47,102
20,261
70, 696
2,428
7,208

124, 277

61, 934

28,186

34,157

44, 312

174,184

13, 015

13,030

147,695

14
12
2
2
7
1
6
1
4
33
4
12
10

8,905
' 7, 606
1,347
1,172
4,329
585
3,703
427
2,338
19, 252
1,881
9,536
6,656

5,923
4,947
820
647
3,047
415
3,018
134
1,242
12, 432
1,121
6,793
4,835

1,802
1,596
110
279
578
76
302
3
377
2,516
124
1,420
534

1,180
1,063
417
246
704
94
383
290
719
4,304
.636
1,323
1,287

4,220
3,711
724
885
2,907
343
2,061
469
1,295
12,882
1,934
3,367
3,053

13, 671
11, 722
2,105
2,099
7,368
1,009
5,968
934
3,749
32, 824
3,911
13,174
10,017

978
831
200
150
600
75
375
50
225
2,012
210
1,080
624

831
614
147
101
410
55
415
58
169
2,099
216
1,121
569

11,842
10, 259
1,744
1,848
6,346
879
5,162
822
3,341
28,423
3,474
10,959
8,801

108

67, 737

45, 374

9,717

12, 646

37,851

108, 551

7,410

6,805

93, 900

-

-

-

------

-- -

-

-- -

M aryland
Total Eastern States. -

N o r t h Carolina
S o u t h Carolina
Georgia
Florida . . . - - - - - - Alabama
Mississippi- _

623
3,382
1,583
4,915
1,005
1,668

Total
assets

169

-

T o t a l N e w E n g l a n d States

Virginia
West Virginia

Cash, balances with
other banks,
including
U. S. GovOther
reserves
ernment
obligations- bonds and with Fedsecurities
eral Redirect and
serve banks
guaranteed

3
9
4
11
2
5

_ _ _ - _ . . _ _
_ - -

N e w York
N e w Jersey
Pennsylvania
Delaware

Total

Loans and
discounts,
including
rediscounts
and overdrafts

. _

Louisiana
Texas
Arkansas
Kentucky
__. Tennessee
Total Southern States




- - - - - - - - ...
-

_
_

__ ._

_. _ _
_ _

1,848
5,873
3,046
7,543
1,546
3,630

to

Ohio>.
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa _
_____
Missouri__ __

._
_
__

._
_ _ ___ ___

Total Middle Western States
North Dakota
South Dakota
Nebraska
__ __
Kansas
Montana
__ _ _
Wyoming
Colorado _ _ _ _ _ _
Oklahoma

__

__ ___

Total Western States
Washington
.__
Oregon _
California
Idaho
Utah
Arizona __ ___ ___ ___
Total Pacific States.
Grand total

__
__

21,117
11,171
26, 782
3,814
5,195
17,740
9,733
1,164

12,014
5,755
14,100
1,607
2,720
8,220
5,626
619

4,738
3,636
6,627
861
927
4,927
2,466
393

4,365
1,780
6,055
1,346
1,548
4,593
1,641
152

7,982
4,457
16,050
1,672
2,074
6,427
5,688
844

29,839
16,075
43, 717
5,644
7,590
24, 792
15, 729
2,067

2,014
992
2,613
375
499
1,285
866
200

2,174
898
2,063
284
294
1,324
762
150

25, 606
14,147
38,995
4,9/3
6,787
22,110
14,088
1,717

96, 716

50, 661

24, 575

21,480

45,194

145, 453

8,844

7,949

128, 423

4
1
13
14
6
4
6
18

2,855
894
8,113
7,951
3,079
2,215
3,098
11, 784

1,856
677
5,561
4,918
1,813
1,391
1,679
5,394

682
189
1,714
2,084
829
653
636
2,184

317
28
838
949
437
171
783
4,206

946
198
4,926
5,267
2,315
1,682
2,838
5,705

3,898
1,130
13,160
13, 503
5,646
3,929
6,047
17, 689

225
50
645
905
330
200
409
900

204
123
992
584
338
264
301
1,006

3,449
952
11,409
12,008
4,971
3,462
5,333
15, 764

66

______
_

29
16
45
6
8
26
17
2
149

-_.
...

39,989

23, 289

8,971

7,729

23, 877

65,002

3, 664

3,812

57, 348

6
2
14
3
1
1

3,949
993
8,967
1,951
483
698

2,214
445
5,393
868
324
480

1,034
375
1,353
615
125
29

701
173
2,221
468
34
189

1,899
931
4,532
957
344
371

5,944
1,959
13, 985
2,948
855
1,076

385
100
985
140
50
25

374
81
761
147
39
62

5,182
1,769
12, 214
2,650
765
989

27

17,041

9,724

3,531

3,786

9,034

26, 767

1, 685

1,464

23, 569

553

369, 246

204,158

79, 522

85, 566

171, 850

555, 977

37, 438

36, 290

480,830

STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF BANK'S LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED

Connecticut, District No. 2__
New Jersey, District No. 2__.
Kentucky, District No. 4
Pennsylvania, District No. 4_
West Virginia, District No. 4
Louisiana, District No. 6
Tennessee, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7
Missouri, District No. 10
Oklahoma, District No. 10._.
Arizona, District No. 12




1
17
7
26
1
3
10
11
24
3
6
2
17
1

610

12,220
5,024
17,504
646

1,787
6,656
7,746
13, 745
2,028
3,804
1,164
11,207
698

253
5,058
3,288
8,224
289
829
4,835
3,805
7,682
1,118
1,951
619
5,332
480

300

57

3,902

3,260

4,148

5,132

2,923
3,522

1,287
1,018
2,541

786

152
354
534
304
601
393

2,147

29

950

205
604

606

1,252
152

3,728
189

232
4,814
2,298
8,243
196
970
3,053
3,162
9,249
768
1,599
844
5,291
371

851
17, 434
7,507
26, 446
875
2,847
10,017
11,151
23, 421
2,862
5,691
2,067
16, 677
1,076

54
1,336
575
1, 638
100
150
624
645
1,295
200
384
200
850
25

18
1,103
556
2,063
23
121
569
626
1,100
156
227
150
950
62

778
14, 952
6, 369
22, 710
751
2,562
8,801
9,858
20, 992
2,498
5,079
1,717
14,861

TABLE N O . 22.—Principal items of assets and liabilities of national banks, by size of banks according to deposits, Dec. 81, 1940—Continued
DEPOSITS OF $1,000,001 TO $2,000,000
fin thousands of dollars]
Loans and investments

Location

Number
of banks

10.140
1,816
12, 349
36, 469
7,196

Maine
New Hampshire
Vermont
Massachusetts
Connecticut
Total New England States

U. S. Government
Other
obligations- bonds and
direct and
securities
guaranteed

7,132
17,342
4,477

3,542
2,546
2,9S3
9,622
1,548

2,807

3,791
2,281
2,234
9,505
1,171

Cash, balances with
other banks,
including
reserves
with Federal Reserve banks
3, 374
6,678
4,164
18, 047
3,411

Total
assets

13,693
19, 034
16, 847
56,141
11, 007

Capital
stock

972
1,458
1,133
3, 839
900

Surplus,
profits,
and reserves

1,104
1,479
1,362
4,262
954

Total
deposits

11,593
16, 068
14,323
47,811
9,117

Total Southern States

_




20,241

18, 982

35, 674

116, 722

8,302

9,161

98, 912

60, 608
34, 318
102, 020
973
11,155

37, 991
22,856
49, 340
139
5,037

33, 851
19, 452
61, 654
520

45, 669
37,122
74, 764
618
7,823

184,443
117, 902
300, 202
2,285
29,641

13, 798
7,872
22,194
150
1,715

12,451
6,227
24,475
242
2,037

157,430
103, 536
253,178
1,891
25, 865

444,902

209, 074

115,363

120, 465

165, 996

634, 473

45, 729

45, 432

26, 504
11, 362
8,289
930
4,933
7,076
9,305
3,453
3,576
41, 601
5. 370
17,029
11, 536

5,729
3,557
3,076
621
530
5,335
2,003
1,171
976
11, 992
1,660
5,986
1,861

5,368
2,374
3,548
1,128
684
3,158
2,947
3,790
1,936
17,447
2,301
4,305
3,272

16, 238
9,257
12, 974
2,504
4,471
10, 349
. 11, 353
6,384
3,706
49, 911
8,797
13, 909
9,988

55,807
27, 633
28, 792
5,266
10, 796
26, 703
26, 364
15, 277
10, 343
123,460
18, 408
42, 338
27, 587

3,461
1,818
1,750
250
800
1,595
1,595
1,002
460
7,020
1,000
2, 545
1,696

3,849
1.823
1,734
268
832
1,387
2,379
582
570
7,629
1,305
3,248
1,450

48, 385
23, 970
25, 225
4,743
9,148
23, 584
22, 338
13, 666
9,301
108, 607
16,064
36, 319
24, 353

247, 719

150,964

44,497

52, 258

159,841

418, 774

24,992

27,056

365,703

75, 716
32,029
64,570
19,936
29,692
47,187

35,877
15, 225
30,987
10,093
11,304
22,143

19, 534
9,573
17, 526
4,935
9,146
14,104

20,305
7,231
16, 057
4,908
9,242
10,940

30,118
18, 254
42, 982
9,697
13,057
18,537

108,045
51, 669
109, 773
30,179
43,726
67, 021

7,031
2,882
5,920
1,457
2,310
3,242

7,773
3,016
5,620
1,499
2, 515
3,539

93, 111
4.5.6
27,159
38,834
60,051

O
SI

I

541, 900

37, 601
17, 293
14, 913
2,679
6,147
15, 569
14, 255
8,414
71,040
9,331
27, 320
16, 669

1

38, 747

132, 450
76, 626
213, 014
1,632
21,180

377

Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

77, 970

179
1
18

New York
New Jersey
Pennsylvania
Delaware
Maryland

Ohio.—
Indiana
Illinois
Michigan
Wisconsin
Minnesota

Total

Loans and
discounts,
including
rediscounts
and overdrafts

3
o

o

3
o

Iowa
Missouri

34
18

_

-_

-

-~ -

__

Total Western States
Washington
Oregon
_California
Idaho
Utah
Nevada
..
Arizona

__

_.

_ _

-

-

5,497
6,105

6,909
3,236

18, 571
10,060

50,730
28,404

2,417
1,410

2,510
1,414

45, 753
25, 542

318, 220

152,972

86,420

78,828

161, 276

489, 547

26, 669

27,886

434,146

9
4
16
26
5
4
18
8
29

9,657
3,782
16, 295
26, 505
5, 974
3,715
15, 350
7,181
28,015

5,608
2,312
10,427
14,975
2,651
2,337
9,401
3,994
14,890

2,701
777
3,507
6,913
2,295
737
3,403
1,942
4,267

1,348
693
2,361
4,617
1,028
641
2,546
1,245
8,858

3,421
2,079
8,097
13. 411
2, 504
3,367
12, 265
6,005
17, 855

13, 600
6,000
24, 719
40, 880
8,643
7,197
28,034
13, 379
46, 579

870
345
1,288
2, 270
450
275
1,539
450
2,350

76
220
1,391
2.075
362
468
1,297
531
3,146

12, 204
5,430
22,011
36, 497
7,803
6,430
25,133
12, 383
41, 023

116,474

66, 595

26, 542

23, 337

69,004

189, 031

9,837

9,966

168, 914

7
6
23
3
4
3
1

7,490
5,225
23,942
3,505
3,266
3,101
689

5,379
1,910
15,179
2,069
2,521
1,413
469

1,057
1,563
3, 491
476
452
1,099
153

1,054
1,752
5,272
960
293
589
67

3,095
3,369
13, 290
1,662
2,677
1,465
583

10, 798
8,798
38, 346
5, 271
6,112
4,621
1,280

475
330
2,354
265
298
210
50

574
423
2, 545
262
299
310
32

9,716
8,038
33, 215
4,742
5, 505
4,089
1,188

47

_

18,911
8,432

119

Total Middle Western States
North Dakota
South Dakota
NebraskaKansas
Montana
Wyoming
Colorado New Mexico
Oklahoma.-- ._ _.

31,317
17, 773

309

_ _

66, 493

47,218

28,940

8,291

9,987

26,141

75, 226

3,982

4,445

Alaska (nonmember banks)
Virgin Islands of the United States (nonmember
bank) _ _ - _ _ _
..

2

2,018

1,340

426

252

1,863

3,937

125

236

1,028

635

131

262

644

1,705

150

85

1,458

Total possessions (nonmember banks;

3

3,046

1,975

557

514

2,507

5.642

275

321

5,026

1. 195

1,255,549

301,911

304? 371

620,439

lf 929, 415

119,786

124,267

••3

O

o
o

3,568

1

3

1,681,094

Total Pacific States

Grand total

. - .,

-

. . .

-

.

649.. 267

O
F

STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED
Connecticut, District No. 2 . .
New Jersey, District No. 2. _.
Kentucky, District No. 4_-_ .
Pennsylvania, District No. 4.
West Virginia, District No. 4
Louisiana, District No. 6
Mississippi, District No. 6
Tennessee, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7
Missouri, District No. 10
New Mexico, District No. 10.
Oklahoma, District No. 10—.
Arizona, District No. 12




2
43
14
50
4
5
5
16
24
38
16
23
7
2
27
1

1,877
47. 686
14, 541
52,044
4,201
4,761
4,807
15,236
22,419
34,682
16,523
25, 338
6,952
2,062
26,286
689

1,215
20, 798
9,266
22,277
2,446
2,499
1,919
10,438
10, 484
15,404
8,884
9,111
2,937
886
13,925
469

384
16,312
3, 244
14,334
832
890
757
1,801
7,077
11, 275
3,815
8. 535
2,706
527
4,135
153

278
10, 576
2, 031
15, 433
923
1, 372
2,131
2,997
4,858
8,003
3,824
7,692
1,309
649
8,226
67

758
23,439
6,040
24, 874
2,962
2,282
2,603
9,001
14,161
26, 451
8,178
11, 325
4,391
894
16,781
583

2,766
73, 283
21,171
79,583
7,315
7,142
7,699
25,115
37, 353
61, 989
25,126
37, 525
11 561
2,989
43, 711
1,280

150
4,563
1,290
5,239
440
350
577
1,596
1,878
3,329
1,195
1,970
525
100
2,150
50

165
3,657
1,468
5,217
672
422
289
1.237
2; 210
3,141
1,307
2,275
535
153
3,030
32

2,437
64, 935
18, 240
68, 967
6,194
6,360
6,817
22, 201
3d, 196
55, 356
22,573
33, 236
10, 490
2,729
38, 475
1,188

d

j

to
01

TABLE NO. 22.—Principal items of assets and liabilities^ of national banks, by size of banks according to deposits, Dec. 31, 1940—Continued
DEPOSITS OF $2,000,001 TO $5,000,000
[In thousands of dollars]
Loans and investments

Location

Number
of banks
Total

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

13,650
9,380
11,973
40,139
1,374
27,744

84

194,513

151
4

218,166
157,687
376,393
9,731
22,043
1,771
785,791




23,977
410
10,377

6,488
5,273
5,554
10,056
145
8,689

13,213
10,144
10,305
38,582
584
23,846

104,260

54,048

36, 205

96,674

98,149
66, 521
166,368

70,648
56,749

11, 725

1,438
6,603
878

49,369
34,417
111,192
3,485
3,715
205

82,248
70,113
152,247
5,050
10,934
1,497

8,834
6,758
3,692

Total
assets

43,009
32,338
32,132
116,379
2,524
72,685

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

2,528
1,721
1,750
7,348
200
4,550

3,319
2,853
2,000
6,695
105
3,771

299,067

18,097

18,743

261, 258

310, 739
237, 563
551,723
15, 365
34,030
3,315

20, 558
13, 354
31,496
913
1,585
200

17,690
14,187
51,277
2,573
2,128
221

270,905
209,146
467,629
11, 845
30, 240
2,894

37,106
27, 654
28, 267
102,061
2,188
63,982

191

348,259

235,149

202,383

322,089

1,152, 735

68,106

88,076

992,659

52,135
33, 226
29,815
12,994
23,802
23, 542
26,963
17,010
9,971
98,778
5,425
27,973
14,714

316

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States

Cash, balances with
other banks,
Loans and U. S. Govincluding
discounts,
ernment
Other
reserves
including obligations— bonds and with Fedrediscounts
direct and
securities
eral Reand overguaranteed
serve banks
drafts

28,972
21,411
21,219
74,172
1,929
46,810

to
O

19,118
20,082
8,011
17,688
9,575
16.048
10,196
5,479
54,516
3,341
15,012
10,210

7,721
8,221
5,026
2,040
2,569
9,220
4,022
1,168
1,417
17,554
770
7,350
1,620

6,046
5,887
4,707
2,943
3,545
4,747

5,646
3,075
26,708
1,314
5,611
2,884

26,814
18,991
23, 258
10,420
13, 989
16,389
20,654
12,254
8,216
79,484
6,280
16, 570
12,638

81,724
54, 277
54,441
23,731
39,073
40,805
49, 278
30.453
18, 831
183,136
12,035
45.454
28,376

4,688
3,045
2,625
1,125
1,914
1,675
3,064
1,795

954
8,587
775
2,601
1,558

6,640
3,148
3,521
1,200
2,514
2,071
3,434
1,306
926
10, 566
568
3,361
1,079

70,114
47,975
48,139
21,347
34,476
36,959
42,356
27, 272
16,901
163, 502
10,675
39,389
25, 703

376,348

227,644

80,006

265,957

661,614

34,406

40,334

584,808

Ohio
Indiana
_
Illinois .__
Michigan
Wisconsin. __
Minnesota
Iowa-- _
Missouri

.

46
17
58
17
26
21
g
13

.. __

Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado

__

__ _ _
-

_____

New Mexico
Oklahoma.

-

_

_ __

_
__

_ __ __
______
____

Total Western States,..
Washington .
Oregon
California
_
Idaho
Nevada
_
Arizona __

_
_

___
__

Total Pacific States
Alaska (nonmember banks). _ _
Grand total

_ __

_
_ _

__ __

26,796
13,654
40,253
12,420
15,500
16,260
2,601
9,715

31,254
9,274
33, §52
12,686
16,780
9,630
3, XU
7,|48

50,855
17, 793
79,248
18,668
27,695
20,846
10,037
14, 214

163,085
58, 111
210,372
60,355
81, 246
65, 384
25,989
47,360

8,633
2,731
9,337
2,379
3,785
2,750
1,020
2,345

10,675
3,008
10, 531
3,302
3,857
3,471
1,217
2,585

143,344
52,168
189,879
54,478
73,453
58,956
23,702
42,399

457, 679

196,942

137,199

123,538

239, 356

711,902

32,980

38,646

638,379

7
4
12
19
8
6
10
1
19

18,183
9,852
21,968
35,176
18, 301
10,060
17,715
1,996
38, 392

10, 564
6,049
12,611
18,4 7 9
8,678
5,925
9,255
544
18, 801

5,616
2,585
6,410
9,835
7,669
2,506
5,976
1,339
6,528

2,003
1,218
2,947
6,862
1,954
1,629
2,484
113
13,063

5,541
3,672
12,678
23, 800
11,750
9,747
10, 770
1,759
24, 727

24,452
13,928
35,341
60, 479
31,083
20, 239
28, 962
3,773
64,653

1,000
700
1,500
3,165
1,350
840
1,381
150
2,775

1,253
656
1,812
3,426
1,236
1,446
1,353
102
4,591

22,107
12, 505
31,974
53,811
28, 421
17,880
26,189
3,521
57,047

86

__

__

50,335
16,025
52, 975
16, 414
19,492
17,088
9,826
14, 787

206

_

108,385
38,*953
127,080
40,920
51,772
42, 978
15,541
32,050

171,643

90, 906

48,464

32, 273

104, 444

282, 910

12,861

15, 875

253,455

7
3
19
3
1
1

13, 775
5,520
42,444
5,695
1.924
1,570

6,894
2,974
27, 712
2,621
794
839

4,522
1,543
7,449
1,871
769
664

2,359
1.003
7,283
1,203
361
67

7,583
2,841
24, 266
7,126
822
1,779

22,066
8,604
68,442
13,021
2,801
3,393

850
400
3,222
475
100
100

1,357
548
4,323
441
151
101

19,809
7,641
60, 541
12, 076
2,548
3,182

34

_

70,928

41,834

16,818

12,276

44,417

118,327

5,147

6,921

105,797

2

2,531

1,176

905

450

3,534

6,279

175

383

5,721

919

2,059,433

1,011,021

561, 281

487,131

1,076,471

3, 232,834

171, 772

208,978

2,842,077

FEDERAL RESERVE DISTRICT SPECIFIED

Connecticut, District No. 2__
New Jersey, District No. 2._
Kentucky, District No. 4
Pennsylvania, District No. 4
Louisiana, District No. 6
Mississippi, District No. 6__.
Tennessee, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7
Missouri, District No. 10
New Mexico, District No. 10.
Oklahoma, District No. 10- __.




14,795
113,483
17,161
107, 209
8,855
14,206
7,392
30,083
104,734
21,008
43,943

7,148
1,996
38,392

8,536
44,001
8,098
45,894
4,815
8,452
5,044
11,834
44,960
8,815
14,922
2,183
544
18,801

3,603
45,993
5,583
30,306
1,308
1,085
1,036
10,983
33,683
6,137

13,997
2,721
1,339
6,528

2,656
23,489
3,480
31,009
2,732
4,669
1,312
7,266
26,091
6,050
15,024
2,244
113
13,063

6,679
47,421
9,721
50, 273
6,928
10,572
5,827
13,370
67, 499
9,017
22, 281
4,468
1,759
24, 727

22,434
166,989
27, 436
163,981
16, 345
25, 868
13, 702
44,381
175,465
30,303
67,616
11, 704
3,773
64,653

1,299
9,382
1,396
9,076
804
1,525
858
1,781
7,907
1,076
3,045
500
150
2,775

1,085
8,587
1,803
10,896
797
1,155
448
2,111
8,869
1,581
3,312
739
102
4,591

19,942
148, 530
24,206
143,562
14,703
23,108
12,392
40,310
158,182
27, 511
61,149
10,466
3,521
57,047

TABLE NO. 22.—Principal items of assets and liabilities of national banks, by size of banks according to deposits, Dec. 81, 1940—Continued
DEPOSITS OF $5,000,001 TO $60,000,000
[In thousands of dollars]

I

Loans and investments

Location

Number
of banks

Maine
New Hampshire
Vermont
Massachusetts

Total Southern States
Ohio
Indiana
Illinois
Michigan




128

25,575
3,810
767
67,122
6,282
48,822

7,729
3,440
480
34,687
7,834
22,332

24,275
5,098
2,463
118, 723
24,862
83, 298

81, 548
22, 982
8,452
336, 206
63,673
213, 406

448,612

219, 732

152, 378

76, 502

258, 719

174,060
136,037
206,701
20, 556
35,097

123, 513
130,150
187, 229
15,020
26, 518

72,493
71, 206
129, 310
6,911
5,014

170, 318
168, 946
235,151
31, 367
55,283

1, 339, 815

572,451

482,430

284, 934

125,309
52,498
31,042
51,856
38,010
142,482
71,468
19,450
59,062
372,844
47,199
76,152
93,504

169

Virginia
West Virginia...
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

22,721
10,360
4,548
106,193
23, 223
52,687

370,066
337, 393
523,240
42,487
66,629

55

New York
New Jersey
Pennsylvania
Maryland
District of Columbia
Total Eastern States

Total
assets

56,025
17,610
5,795
208,002
37, 339
123,841

Rhode Island
Connecticut
Total New England States

Total

Loans and
discounts,
including
rediscounts
and overdrafts

Cash, balances with
other banks,
including
U. S. Govreserves
ernment
Other
obligations- bonds and
with Feddirect and
eral Resecurities
guaranteed
serve banks

77, 222
29,718
22,287
39,600
26,394
64,072
34,356
8,639
31,906
187,419
23, 354
41, 541
54,946

36, 820
17,009
5,335
6,958
6,948
55,412
15,991
3,159
17, 250
135,074
9,472
19, 491
23,314

11,267
5,771
3,420
5,298
4,668
22, 998

1,180,876

641, 454

219, 324
189, 265
352,649
106,475

95,129
86,170
156,170
37,612

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

4,300
1,000
600
17, 473
4,367
10, 804

4,989
2,140
614
20, 682
5,800
10, 987

72,006
19, 799
7,185
295, 983
53,186
190,410

726, 267

38,544

45, 212

638, 569

555, 524
528, 629
795,174
75, 575
126, 856

28,077
28,411
43, 527
3,724
4,500

31,061
25,087
65,172
4,387
6,659

493, 628
473, 655
684,147
67, 224
115, 271

661,065

2,081, 758

108,239

132, 366

1, 833,925

21,121
7,652
9,906
50,351
14, 373
15,120
15, 244

78,977
38, 397
25,006
49, 793
21,349
112,461
41,938
14,873
47, 517
339, 784
46,262
42, 757
65,679

211,038
94,489
57,161
103, 585
60, 292
262,470
118, 507
35,198
109, 858
731, 557
95,085
121, 747
163,107

10, 715
4,412
2,000
3,850
2,475
8,550
4,367
1,594
3,932

25, 272
3,235
4,525
5,604

10,900
6,247
2,385
3,334
2,314
10, 774
5,551
I,' 763
4,689
28,905
4,850
5, 714
8,047

188, 236
83,444
52, 306
96,078
55, 245
242,463
108,166
31,800
100, 213
675,430
86, 753
111,009
148,793

352, 233

187,189

924, 793

2,164,094

80, 531

95, 473

1, 979, 936

70, 970
71,048
122, 936
41,119

53, 225
32,047
73,543
27, 744

139, 201
126,137
296,145
53,652

372, 642
322,719
659,004
165,920

18,468
12, 619
22,552
8,105

20, 529
12,959
29, 248
8,478

332, 579
296,150
604,205
148,526

Wisconsin..
Minnesota
Iowa
Missouri

16
12
11
16

Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Grand total

41,734
48,350
53,133
75,326

55,377
40,643
31,175
36,027

32, 528
15,270
27, 926
20,338

77,178
64,142
73, 559
89, 947

212, 343
171, 323
190, 267
224, 543

9,480
8, 500
6, 500
8, 338

11,037
6,267
7,831
9,508

191,369
155,851
175, 436
206,072

168

1, 345, 540

593, 624

469,295

282,621

919, 961

2, 318, 761

94, 562

105,857

2,110,188

1
4
7
7
4
3
7
4
S

5,262
26,449
90,671
70, 268
21,076
13,071
80,554
22,098
42,287

3,464
16, 314
43, 204
36, 535
6,499
6,023
37,277
11,322
21, 433

1,222
6,235
35,571
23,873
10,991
5, 501
29, 220
8,435
9,662

576
3,900
11,896
9,860
3,586
1,547
14,057
2,341
11,192

2,340
10,360
51, 253
49,609
23, 577
11, 668
97, 345
14,092
36, 476

7,978
37, 976
145, 515
122, 595
45, 447
24, 952
180,035
36, 755
80, 329

350
1,735
5,584
4,209
1,700
850
4, 710
1,175
3,750

341
1,454
5,706
4, 838
1,905
949
10,461
1,269
3,873

7,269
34,520
133, 845
113,098
41, 767
23,107
164, 247
34,298
72, 509

45

371, 736

182,071

130,710

58,955

296, 720

681, 582

24,063

30, 796

624,660

9
1
11
2
4
1
2

Total Middle Western States..
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

129, 639
104, 263
112,234
131,691

113,423
6,797
110,680
25,468
44,407
24,484
44,285

60,185
3,002
67,860
12,490
22,908
11,901
27, 234

40,824
2,480
22,958
11,618
16,696
9,600
11, 785

12,414
1,315
19,862
1,360
4,803
2,983
5,266

69,833
4,101
53,103
11,903
36,298
13, 805
24, 572

187,063
11.005
168, 974
38,002
83, 243
39,189
70, 675

6,231
507
7,258
1,585
4,017
1, 668
2,540

170, 255
10,240
153,617
34, 771
75, 784
36,408
65, 219

30

369, 544

205, 580

595

5,056,123

2,414,912

9, 515
200
7,556
1,600
3,150
600
2,340

115,961

48,003

213, 615

598,151

24, 961

23, 806

546, 324

1, 703,007

938, 204

3, 274, 873

8, 570, 613

370,900

433,510

7, 733,602

STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED

Connecticut, District No. 2...
New Jersey, District No. 2
Kentucky, District No. 4
Pennsylvania, District No. 4
West Virginia, District No. 4.
Louisiana, District No. 6
Mississippi, District No. 6.-Tennessee, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7
Missouri, District No. 10
New Mexico, District No. 10.
Oklahoma, District No. 10...
Arizona, District No. 12




27,191
262,639
23,018
174,278
11,181
23,431
19, 450
66,769
159,174
325,631
98,910
113,780
92,158
19,292
42,287
44,285

11, 930
106, 679
12, 436
60, 620
5,064
10,903
8,639
36,126
63, 250
145,475
35,087
35,420
57, 589
9,364
21,433
27,234

11,601
105,502
6,125
71,677
4,636
8, 562
3,159
16,979
67, 302
115,091
37,316
49,458
23,794
7,930
9,662
11,785

3,660
50,458
4,457
41, 981
1, 481
3,966
7,652
13, 664
28, 622
65,065
26, 507
28,902
10, 775
1,998
11,192
5,266

25, 479
121, 575
13, 028
87, 906
3,476
11, 711
14, 873
49,449
105,158
281, 863
49, 761
66, 317
68, 779
11,134
36,476
24,572

54,916
396, 332
37, 300
272,086
15,168
36, 465
35,198
119, 348
270, 220
616, 576
154,252
184, 694
162,145
30, 929
80, 329
70,675

2,940
21, 031
1, 800
14, 374
1,000
1,432
1,594
4,604
10.619
20, 762
7, 255
7,905
5,700
1,025
3,750
2,340

2,051
18,307
2,419
19,432
1, 433
2,117
1, 763
6, 742
10,906
27, 370
8, 037
9,902
6,860
972
3,873
2,540

49, 668
355, 898
32, 999
237, 405
12, 694
32,714
31, 800
108,470
247, 961
565, 512
138,175
166,480
149,186
28,920
72, 509
65,249

TABLE NO. 22.—Principal items of assets and liabilities of national banks, by size of banks according to deposits, Dec. 81, 19^0—Continued
DEPOSITS OF $50,000,001 TO $100,000,000
[In thousands of dollars]
Loans and investments

Number
of banks

Location

Rhode Island
Connecticut

._.. ..

_.

Total New England States
New York ' _. ..New Jersey
Pennsylvania
Maryland

2

__

_

..

-. -- .
--

-.- -

-

Total Southern States
Ohio
Illinois
Michigan
Missouri . ._

-. . . ._ _

---

-

- ._ - -

Total Middle Western States
Nebraska
Colorado
Oklahoma..
Total Western States

37, 827
55, 216

20, 358
15,462

15,991
23, 792

93, 043

Total
assets

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

1,478
15,962

36, 268
43,818

74, 262
102, 568

2,500
4,000

3,153
4,645

68,427
93, 645

_ _
_
- -- - - - -




--

35, 820

39, 783

17, 440

80,086

176,830

6,500

7, 798

162, 072

1
2
3
1

46,
72,
139,
32,

683
652
661
169

18,585
22, 955
75, 061
8,609

17,530
44,067
32, 505
21,454

10, 568
5,630
32,095
2,106

43,
56,
80,
23,

216
759
279
743

91, 306
132, 889
231, 702
56,105

1,500
5,225
10, 390
1,350

7,414
3, 553
18, 697
1,500

82,107
123, 754
199, 049
53, 212

291,165

125, 210

115, 556

50, 399

203,997

512, 002

18, 465

31,164

458,122

1
1
1
2
5
1
4

47,901
38, 556
47, 790
81, 340
197, 891
49, 355
183, 231

19,298
15, 338
28, 209
39,176
109, 377
23, 950
106, 682

24,104
17, 056
9,125
31, 262
72, 506
23, 399
48, 433

4,499
6,162
10,456
10, 902
16, 008
2,006
28,116

42, 983
33, 402
39, 762
50, 609
153, 436
32,608
111, 063

92,0/7
73, 459
92,066
132, 959
363, 301
82, 043
302,194

3,000
3,000
8,400
5.400
14, 450
1,000
13, 350

4,285
1,695
2,713
3,445
16. 657
3,206
11, 713

84, 554
68,696
80, 650
122,960
330, 760
77,453
276,084

15

_

.-

Cash, balances with
other banks,
Loans and
including
U. S. Govdiscounts,
reserves
ernment
Other
including obligations- bonds and with Fedrediscounts direct and
eral Resecurities
and overserve banks
guaranteed
drafts

7

- - .. ...

Total Eastern States
Virginia
- ..
Florida
Alabama
Louisiana
Texas- Kentucky
Tennessee-- --

1
1

Total

CO

o

646, 064

342, 030

225,885

78,149

463,863

1,138, 099

48, 600

43, 714

1, 041,157

3
2
1
1

140,168
88, 650
40, 532
55, 287

69,116
40,187
21, 320
19,369

45, 496
31,870
16, 026
24,638

25, 556
16, 593
3,186
11, 280

122,986
48, 736
15, 079
24, 307

271, 901
137,711
57, 457
80,044

13, 000
2,600
3,134
2,000

14, 393
5,126
2,031
2,940

243, 285
129, 324
52,107
74,975

7

324,637

149,992

118,030

56,615

211,108

547,113

20,734

24, 490

499, 691

1
1
3

34,065
26 208
110, 732

16,910
15, 320
60,494

9,405
9,636
31, 885

7,750
1,252
18, 353

21.168
46, 826
80, 661

56,199
73, 280
196, 509

2,000
1,500
10, 300

2,297
3,752
11, 588

51,740
67 925
173,936

5

171,005

92, 724

50,926

27,355

148,655

325, 988

13,800

17, 637

293, 601

The Territory of Hawaii (nonmember bank)
Grand total

-

I

42, 322

20, 276

15, 827

6,219

15, 301

61, 477

3,350

3,648

54, 404

37

1, 568, 236

766, 052

566, 007

236,177

1, 123, 010

2, 761, 509

111,449

128, 451

2, 509, 047

STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED

New Jersey, District No. 2
Louisiana, District No. 6 . .
Tennessee, District No. 6_.
Illinois, District No. 7
Michigan, District. No. T.Oklahoma, District No. 10.




72, 652
81, 340
79, 913
50, 964
40, 532
110, 732

22, 955
39,176
45, 542
21, 399
21, 320
60, 494

44, 067
31, 262
23, 838
14, 602
16, 026
31, 885

5, 630
10, 902
10, 533
14, 963
3.186
18, 353

56, 759
50, 609
48, 795
33, 287
15, 079
80, 661

132, 889
132, 059
132, 827
84, 434
57, 457
196, 509

5, 225
5,400
8, 650
1, 600
3,134
10, 300

3,553
3,445
3, 353
3,246
2, 031
11,588

123,754
122,960
120, 424
79,090
52,107
173, 936

O
50
3

fe)
O
O

O

CO

TABLE NO. 22.—Principal items of assets and liabilities of national banks, by size of banks according to deposits, Dec. SI,

1940—Continued

[In thousands of dollars]
Loans and investments
Number
of banks

Location

Massachusetts

__ ._

.

.

.

Cash, balances with
other banks,
including
U. S. Govreserves
ernment
Other
obligations- bonds and with Federal Redirect and
securities
serve banks
guaranteed

Total
assets

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

-

.-..-_

.
... _

Total Middle Western States
. __

.

..

- _--

_-.__
____

,_. --

1, 403,178

42, 813

96, 498

1, 249, 394

3, 368, 479
',46,837
91, 656
64, 593

7, 968, 527
1, 683, 618
250, 450
141,194

201, 770
41,161
4,000
4,000

364, 535
109, 570
7,018
6,152

7, 203, 995
1, 521,956
238, 589
130, 816

5. 603, 951

1, 504, 660

3,179, 729

919, 562

4, 271, 565

10, 043, 789

250, 931

487, 275

9, 095, 357

179,025
101,195
79, 399

111, 509
45,125
55, 837

42,690
45, 997
21, 280

24,833
10, 073
2,282

94, 286
55, 4*3
69, 866

280, 452
162, 619
152, 891

10,400
2,800
5,000

10, 710
7,985
10, 209

257,194
151,050
137, 343

359,619

212, 471

109, 967

37,181

219, 595

595, 962

18, 200

28, 904

545, 587

2
1
3
2
1
3
2

225, 456
96, 299
1. 797, 537
475,829
159,434
293,820
226,969

114,167
16, 540
529, 505
116, 919
37, 217
151, 376
94, 699

85, 215
65, 353
1,109, 380
286, 248
98,194
118, 308
110, 307

26, 074
14, 406
158, 652
72, 662
24, 023
24.136
21,963

179,884
60, 791
1, 212, 790
331, 983
114,159
207, 727
219,890

412,448
158, 494
3, 045, 204
812,184
• 279,386
512, 356
450, 842

21. 440
4,000
84, 000
20, 337
15, 000
17, 000
12, 200

10, 764
9,369
122, 802
23, 622
8,699
24, 288
14,159

378, 512
144, 778
2, 826, 380
766, 718
255,001
463,836
423, 328

14

.

727, 817

761,117
148, 579
2,730
7,136

4

-

47, 386

2, 464, 664
533, 227
140, 000
41, 838

1
1

Total Southern States

209,403

1, 243,452
223, 976
12, 958
24, 274

2

Ohio .
Indiana
Illinois
Michigan
Wisconsin. - - - - - - Minnesota
Missouri

380, 624

4, 469, 233
905, 782
155, 688
73, 248

13

Total Eastern States
Georgia
Louisiana
Texas

637,413

6
1
1

_ - .

4
5

New York- - . - . . _ . .
Pennsylvania.-Maryland
District of C olumbia

Washington
Oregon
California.

Total

Loans and
discounts,
including
rediscounts
and overdrafts

3,275, 344

1, 060, 423

1, 873, 005

341,916

2, 327, 224

5,670, 914

173,9/7

213, 703

5, 258, 553

2
2
7

206, 565
201, 528
2, 482, 410

109, 748
83, 850
1, 256, 317

70,898
99, 223
878,886

25,919
18, 455
347, 207

125, 951
105, 731
781,859

337, 074
314,190
3, 379, 702

10, 500
7,500
129, 700

13,129
13, 984
162, 507

311,831
291, 254
3,062, 285

Total Pacific States

11

2,890,503

1,449,915

1,049,007

391, 581

1, 013. 541

4.030. 966

147, 700

189, 620

3, 665, 370

Grand total

46

12, 766,830

4, 608,093

6,421, 111

1,737, 626

8, 559, 742

21, 744, 809

633, 621

1, 016, 000

19,814, 261




CO

to

DEPOSITS OF $100,000,001 AND OVER

STATES LOCATED TN 2 FEDERAL RESERVE DISTRICTS—PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED

Pennsylvania, District No.
Louisiana, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7
Missouri, District No. 10

407. 786 j
101, 195
96,299
1, 797, 537
475. 829
159. 434
67, 437

61, 489
45,125
16,540
529, 505
116,919
37.217
26,085

296. 365
45, 997
65, 353
1.109, 380
286. 248
98. 194
28, 848

49, 932
10, 073
14, 406
158, 652
72, 662
24, 023
12, 504

306, 117
55. 443
60, 791
1. 212, 790
331. 983
114,159
72, 704

72S. 501
162,619
158, 494
3,045, 204
812,184
279. 386
140, 921

19, 500
2.800
4, 000
84, 000
20, 337
15.000
2.000

59, 371
7, 985
9,369
122,802
23, 622
8,699
5.131

647, 04f
151, 050
144, 778
2,826, 380
766,718
255, 001
133, 640

3

TABLE NO. 23.—Fiduciary activities of national banks during year ended June 30, 1941, segregated according to capital
Banks with capital o—
f
$25, 000

Number of national banks with trust powers but not administering trusts-...
Number of national banks with trust powers administering trusts
Total number of national banks authorized to exercise fiduciary
powers
Total assets of banking departments of national banks authorized to exercise
fiduciary powers
______
_. . . .
_ ___
_ _ _
_
_
_ .

$25,001 to
$50, 000

$50,001 to
$100,000
117
283

17
13

75
62

30

137

400

$17, 583, 699 $130,119, 479

$780,718,418

$100. 001 to
$200,000
69
461
530

$200,001 to
$500,000
35
425
460

$500,001 a n d
over

Total

13
293

326
1, 537

306

1,863

$1,774,854,035 $3, 265,196, 099 $30,257,781,114 $36, 226. 252, 844

g

TRUST ASSETS

_

_

_

378
622
807
802

$36,407,131
1,998,407
3,551,877
1, 843, 850

$228, 702, 687
5, 551, 343
13,465, 654
14,148, 764

$601, 446,128
12,148, 342
41, 720,164
47, 983, 469

$6,635,394,099
88, 428, 698
396,881,938
1, 421, 896,377

$7, 506, 675, 877
108,380, 852
455, 980,832
1,485, 896,484

830,508

Investments
Savings deposits
Demand deposits
Other assets,
Total

4, 534, 609

43, 801, 265

261, 868,448

703, 298,103

8, 542. 601,112

9, 556, 934, 045

$651, 918
178. 590

$786,008
3, 748, 601

$19, 885, 419
23, 915,846

$153,035, 749
108, 832, 699

$419,049, 594 $6,933,170,111
284, 248, 509 1, 609. 43li 001

$7, 526, 578, 799
2,030,355, 246

830, 508

4, 534, 609

43, 801, 265

261,868, 448

8,542,601,112

9, 556, 934,045

$791,454
7,440
31,392
222

$3, 934,
246,
329,
23,

TRUST LIABILITIES

Private trusts
Court trusts
Total

- .




703, 298,103

o

00
00

TABLE NO. 23.—Fiduciary activities of national banks during year ended June &0} 1941, segregated according to capital—Continued
Banks with capital o—
f
Total
$25,000

$50,001 to
$100,000

$25,001 to
$50,000

$200,001 to
$500,000

$100,001 to
$200,000

$500,001 and
over
d

Total volume of bond issues outstanding for which banks are acting as
trustee
Number of national banks administering private trusts
Number of national banks administering court trusts
Number of national banks administering corporate trusts-




$13,694, 798
201
244
81

$75, 002, e
362
426
195

1,259
2,734

6,183
11,342

13, 066
16, 955

52, 701
34, 904

73, 361
66, 258

415
12

175

17, 525
793

30, 021
1,491

87, 605
13, 432

139, 619
15, 904

O

427

4.168

18,318

31,512

101,037

155, 523

o

$73,139
$10,927
1
3
$152,116
$50, 705
5
6

$154,775
$10, 970
6
15
$10, 605
$4, 242
42
288

$568, 044
$14, 943
42
62
$41,818
$28, 328
143
547

$1,654,819
$23, 427
113
301
$98,433
$36, 953
258
2,215

$29,155, 635
$97, 513
192
1,342
$321,429
$45, 987
250
12, 222

$6, 217, 914
$68,450
354
1,723
$211,326
$43,418
698
15, 278

$251,073

$63,885 i
$13,842

$487,440
33
47
7
114
301

$162.750
3
10
1

Number of living trusts being administered
Total number of being administered
Number of court trustsindividual trusts being administered.
Number of corporate trusts being administered
Total number of trusts being administered.
A verage volume of individual trust assets in each bank
Average volume of trust assets in each individual trust
Number of national banks administering insurance trusts
Number of insurance trusts being administered
Average volume of insurance trust assets in each bank
A verage volume of insurance trust assets in each trust
Number of national banks holding insurance trust agreements not operative.
Number of insurance trust agreements not operative
Face value of policies held under above agreements
Average number of insurance trust agreements not operative held by each
bank
Average volume of insurance policies held by each bank under trust agreements not operative
Average volume of insurance policies per trust held under agreements not
operative
Average gross earnings per trust forfiscalyear ended June 30, 1941
Average gross earnings per trust department reporting trust earnings for
fiscal year ended June 30,1941
,

$246,841, 893 8, 794, 642, 660 $9,130, 832, 237
390
283
1,272
393
276
1,396
242
253
779

O
£3

$2, 591, 850

.6, 610, 462

$72,192, 824

$490, 666, 561

$582, 312, 770

1

7

4

9

$61, 711

$116,157

$50

$50, 215
$41,846
$117

$279, 817
$32, 593
$98

$342

$1,019

$8,999
$71
$1,139

$30,366
$73
$3,112

$7, 587

49
$1, 962, 666
$40,146
$277
$97,013

22
$834, 259
$38,114
$210
$22, 718

O

o

W
H
O

TABLE NO. 24.—Fiduciary activities of national banks by Federal Reserve districts as of June 30, 1941
Number of individual trusts

Federal Reserve
districts

I
eg

KB

o
s-

52 <

<p

O
ft)

cp

So.
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chioaeo
St. Louis
....
Minneapolis
Kansas City._
Dallas.... _.
Ran Francisco Total

$104,602, 886 $2, 580, 264,079 4,000
294,405,604 9.849,89}, 317 5,190
102.745.433 2,395.964,088 9,009
98,426, 750 2,370, 359,155 5,064
52,911,5131 1,480,541,228 4,176
70,062, 560 1, 781,472,977 3,882
170,857,695 5,929,767,758 22,
1,381
41,326,843 1,233,642,089 1,767
"'"
36, 708,000 ' 916, 813,535 2,131
47, 756, 000 1, 329, 910, 508 3, 506
49, 811, 000 1,446, 842,815 1,
177,529,350 4,910, 783,295 10,453
1, 537

§ S'3

si
5,114
8,471
L7,165
6,604
4,544
2,694
7,129
2,162
3,437
1,981
479
6,478

•gSs
>

9,114 $819, 503, 859 510 $354,355,705
13, 661 1, 399, 719, 7671,251 4,646,319,911
26,174 398,566, 278 514 102,896. 228
11.668 858,168,180 1, 703 250, 111, 661
8,720 333.449,661
496 249,675,743
6,576 533, 569,142 785 242, 553,040
,
,235,496 6,054 t 423, 217,471
29, 510 2,948,
3,929 114,805.046 1,034 108,524, 336
69,592,863
5.568 439,414, 684 296
5,487 423,111,676 1, 030 132, 636, 662
2, 281 174,995, 585 382 87, 677,1851
16, 931 1,113,394,671 1,849 463,271,432

® 2^

11!

135 U, 946, 46:

190 11,441, 840
182 10, 679, 629
691, 358
260, 573
119
117 034,224
345,190
304 19,3
792, 282
23
45 1,477,440
110 3, 910, 087
63 2, 357, 783
222 4, 872,446

1, 863 1, 247,143, 634 36, 226, 252, 844 73,361 66, 258 139,619 9, 556, 934, 045 15, 904 9,130, 832, 237 354 1.723 74,809,319

72
97
119
57
59
40
70
29
18
45
46
46

3 crt G
d a> ©

1,268 $51, 470, 496 $2.
795, 000
1,263 72, 630,
1,922 998, 000
7,114
1, 406 49, 717,
498, 000
1,838
1,489 61, 620,
387, 000
!
,
991 33,172, 904 390, 000
898 34,124.
:,849 398. 000
87, 619,
1,969
1,386 624, 000
280 10, 917, 259 513. 000
'
,
873 38, 047,
',582 070, 000
1,416 42, 392,
5,912 294,000
579 19, 918,
;,454 643, 000

80, 680, 054
),

w
o
o
hi

O
tr1

200, 000

698 15, 278 582,312, 770132, 810, 000

TABLE NO. 25.—Classification of investments in living and court trust accounts under administration by the active national bank
trust departments, segregated according to capital as of June 30y 1941
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 of $25,001 to $50,000
capital of $50,001 to $100,000
capital of $100,001 to $200,000
capital of $200,001 to $500,000
capital of $500,001 and over

Total




Bonds

Percent

Stocks

Percent

Real-estate
mortgages

Percent

Real estate

Percent

Miscellaneous

Percent

Total invest
ments

$109,050
1, 640. 998
13, 720, 256
83, 081, 743
216,948, 525
3, 394,886, 795

13.78
41.71
37.69
36.33
36.07
51.17

$15,847
1,115,893
10, 718, 798
77.044, 266
215, 888,151
2,131,117,456

2.00
28.36
29.44
33.69
35.89
32.12

$496, 537
518, 744
4, 564,674
33, 989,063
77, 087, 768
375, 773, 883

62. 74
13. 19
12. 54
14.86
12.82
5.66

$156,408
552, 053
5, 578, 293
26, 615, 367
60, 083, 724
450, 706, 552

19.76
14. 03
15.32
11.64
9.99
6.79

$13,612
106, 690
1,825,110
7, 972, 248
31,437,960
282,909, 413

1.72
2.71
5.01
3.48
5.23
4.26

$791,454
3, 934, 378
36,407,131
228, 702, 687
601,446,128
6, 635, 394,099

3, 710,387, 367

49.43

2,435,900,411

32.45

492,430,669

6.56

543, 692,397

7.24

324, 265,033

4.32

7, 506,675,877

S3
S3
H

00
Ox

TABLE N O . 26.—Earnings, expenses, and dividends of national banks, years ended June 80, 1937-41

CO

[In thousands of dollars. Figures for previous years, beginning 1869, published in report for 1937, pp. 96-107]
1937

1939

1938

1941

1940

Number of active banks

5,299

5,248

5,209

5,170

5,136

Capital stock, par value
Capital funds >

1, 587. 726

3, 212,165

1, 577, 421
3, 273, 819

1, 566, 003
3. 389, 512

1, 536. 943

3,476, 441

1, 525,146
3 ,598,141

Amount Percent
to total

Amount Percent
to total

Amount Percent
to total

Amount Percent
to total

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 dApartment
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 3
Number of employees other than officers 3
Fees paid to directors and members of executive, discount, and advisory committees
Interest on demand deposits
Interest on deposits of other banks
Interest on time and savings deposits
__
. . .
Interest and discount on borrowed money
Real-estate taxes
_
__
_
Othertaxes
__
__ .
.
__
Other expenses
.
Total current expensesNet current earnings




___

Amount Percent
to total

356, 732
331,666
23,179

42 11
39.15
2.73

377,076
313, 403
21, 605

44.38
86.85
2.54

377,149
303, 099
21, 726

41.94
36. 19
2.59

399, 970
289, 400
22,965

46.60
33. 71
2.68

431,014
283, 802
24, 429

48.68
32. On
2.76

8,477
33, 779
29, 353
50,125
2 13,886

1.00
3 99
3.46
5.92

5,781
33, 447
33, 519
53,092
2 12,628

.68
3.93
3.94
6.24
1.49

5, 545
31, 685
36,378
52, 210
10, 743

.66
3.78
4.84
6.22
1.28

7, 946
31, 702
39,175
51,962
15,268

.93
3.69
4-56
6.05
1.78

6,573
32, 810
42, 355
51, 954
12, 554

.74
3.70
4.78
5.87
1.42

847,197

100.00

850. 551

100.00

839.135

100.00

858. 388

100. 00

885, 491

100.00

93, 247
135,363
24,798
96 865

16.14
23.43

97, 198
142, 445
25, 512
97 157

16.59
24.81

99, 569
144, 576
25, 719
98 609

17.26
25.07

102, 212
148,181
26,177
102, 694

17. 39
25.21

105, 660
155, 267
26, 561
110, 408

17.27
25.37

.80

.85

5,231

.91

5,328

.91

5,417

.89

J 118,233

20.50
.02
3.80
6.38
27.06

108, 993
82
21,820
37,410
163, 671

18.55
.01
3.71
6.37
27.85

102, 501
70
21, 266
50,096
171, 688

16.75

136
21, 897
31,050
156,052

3.47
8.19
28.05

576, 744

100.00

587, 697

100. 00

611,965

100. 00

o

L64

4,661
4,788
1,377
124, 918
280
21, 304
33,159
158, 754

.83
.24
21.62
.05
3.68
5.74
27.47

4,981
864
957
125,231
323
22, 266
31,533
160,084

.15
.16
21.88
.06
3.80
6.38
27.82

577, 851

100.00

585,882

100.00

269,346

264, 669

262, 391

270,691

273, 526

o
g
#

£

O

.01

4
n

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
_- - - All other

64, 243
73 208
124,858
17, 274

Total
Total net earnings, recoveries, etc

-

__. _.

_.

__

. _. . . ___

100.00

182,832

474, 314

100. 00

80.87
47.25
11.28
11.10

84,897
116,323
27, 371
20, 769

34.04
46.65
10.98
8.33

65, 262
105, 559
28. 804
28, 224

28.64
46. S3
12.64
12.39

100.00

217, 988

100.00

249, 360

100. 00

227,849

100. 00

208, 423

4

14, 496
138,979

6

153,475

-

5 9, 766
133,998

8,468
7129, 330

5143, 764

81.79
-\-2.03

_

Net current earnings
__
Net losses and depreciation, less profits on securities sold

n

Net profits

_.

.

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
Revised to include interest on balances with other banks which was published
separately in reports prior to 1939.
3
Number on pay roll at the end of the period.
* Includes stock dividends of $30,141,000.
5
Revised,
includes stock dividends of $21,853,000.

Percent
28.76
14.94
25.18

37,819
45,883 90, 413
14,116
188, 231

25.86

200,476

100.00

8,482
129,048

15.17
10.56

261, 281
9
8,792
i° 137, 696

146. 488

Percent
29.72
14 09
24. 92

Percent
29.79
12 70
25.98

68.88

68.73

68.47

31.12
-6.61

81.27
-4-46

31. 53
-5.24

88.82

24.51

26.81

26.29

9.67
4.78

9.11
4.39

8.80
4.07

8.95
S. 96

7
Includes stock dividends of $10,109,000.
8
Includes stock dividends of $10,715,000.
8
Includes stock dividend of $384,000.
10
Includes stock dividends of $11,442,000.
11

100.00

51, 853
97, 045
30,410
21,168

137, 530

8

20.09
24.38
48. OS
7.50

461, 757

225, 674

137, 798

Percent
27.54
15.47
25. 20

Total current expenses

453. 523

224, 954

68.21

Ratios to gross earnings:
Salaries, wages, and fees
Interest on deposits
All other current expenses




211, 923

21.97
18.27
51.24
8.52

66, 203
103, 009
24, 592
24,184

262, 368

_

Total

1

100.00

40,164
33,396
93, 689
15, 583

426, 411

286, 561

Ratio of dividends to capital stock (par value)
Ratio of dividends to capital funds

16.77
16.62
61.24
6.37

111,000 » 42.81
94,069
85.85
26, 434
10.08
30,865
11.76

-

Net profits before dividends
Dividends:
On preferred stock
On common stock

33, 412
35, 217
129, 790
13, 504

161, 742

100.00

23.97
18.17
47.37
10.49

548, 929

.._

Losses and depreciation:
On loans
-- On bonds, stocks, and other securities
On banking house, furniture and
fixtures
Other losses and depreciation
Total...

38, 768
29 382
76, 620
16,972

22.98
26.18
4166
6.18

279, 583

-

o
o

Percent
30.08
11.58
27.45

H3
W
O

69.11
30.89
-1.88

z129. 51 w
-™
9.60
4.07

Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
NOTE.—The number of banks, capital stock, and capital funds used in this table are
as of end of period.

O

d

2
o

CO

TABLE NO. 27.—Earnings, expenses, and dividends of national banks for the period of 6 months ended June 30, 1941

00
00

[In thousands of dollars]
Gross earnings

Location

Maine
New Hampshire.
Vermont
Massachusetts
Rhode Island
Connecticut

Number
of banks

Total Southern States.




Foreign deInterest and
partment
dividends
(except inCollection
Service
on bonds, charges, com- terest on
Trust de- charges on
stocks, and
deposit
missions, foreign loans, partment
other securiinvestments,
fees, etc.
accounts
ties
and bank
balances)
758
443
294
4,919
359
1,192

20
22
12
268
10
52

7,965

~25, 861
6, 550
19, 325
239
1,576
1, 349
1,424

910
849
793
9, 4J4
792
2,558
15, 316

52
40
124
12
52

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

Interest
and discount on
loans

54,900

Total earnings from
current
operations

38
506

71
88
36
1,227
24
391

56

384

1,313

1,657

,1,837

598

29,440

27,665
5, 075
20, 751
143
2,003
918

1,546
168
410
7
35
29

2,944
378

2,825
905
1,230
" 12
132
183

3,385
1,046
2, 596
7
203
146

2,784
71
330
3

68, 742
14,197
45, 679
416
4,040
2,797

56, 555

2,195
110
69
77
148
381
317
167
117
162
529
149
47
363

44
22
51
52
65
24
29
445
50
95
71
42,990

Other
current
earnings

82
114
42
1,034
84
301

130

1,155

Rent
received

15,855

2,636

349
12

166

1,911
1, 564
1,210
18, 366
1, 328
5, 063

1,920

4,430

5,287

7,383

3,201

135,871

48

202
57
36
37
146
172
118
10
96
266
38
48
151

278
137
244
162
285
475
216
77
253
1,240
139
158
234

313
262
95
32
396
379
355
85
447
1,841
128
168
393

48
42
2
15
22
27
33
1
69
125
47
14
179

7,111
3,372
2,244
1,762
5, 851
5, 275
4,739
1,324
4,975
22, 423
2,173
4,147
6,970

1,377

3,898

4,894

624

72, 366

OhlO

Indiana
Illinois
.
Michigan
Wisconsin
Minnesota
_ Towa
. _ -..-__..
Missouri
.
_. . __..._..-....
Total Middle Western States..
North Dakota
South Dakota
Nebraska
Kansas
Montana

891
379
1,821
602
387
401
312
305

1, 407
470
2,716
512
497
444
195
248

132
46
305
106
84
149
52
26

17,110
7,087
40,804
10, 251
7,042
10,861
3,934
7,358

303

5, 194

5,098

6,489

900

104,447

12
8
106
72
9
10
170
14
71

54
108
333
355
72
81
345
69
458

62
57
424
339
131
35
215
62
629

58
54
26
22
15
3
18
10
36

1,115
1,395
4,500
4,087
1 252
846
3,764
978
7, 519

238
141
1,595
358
160
1,039
149
223

52
1
158
55
9
19

36, 646

3,903

_

-..-._-----.

.

_ __

Total Pacific States
Total United States (exclusive of possessions)
. _
_ _. . .
_

559
826
2,495
2,401
503
498
1,997
632
4,423

226
239
973
790
430
199
899
151
1,715

14,334

5, 622

955

2

472

1,875

1, 954

242

25, 456

43
26
96
19
13
6
5

4,953
2,562
35, 788
870
684
443
963

1>768
1,647
14, 232
427
297
223
179

270
97
1, 744
56
26
17
90

23
18
270

2

197
130
2,069
7
15
14
15

477
351
2,700
152
86
35
88

278
191
2, 603
76
106
66
137

22
19
390
5
26
31
4

7,988
5. 015
59, 796
1, 593
1,240
829
1,478

208

Total Western States .

.
._--..-.

45,914

9

719
151
3,109
328
110
485
63
229

4,944
2,372
16,143
3, 408
3,221
3,195
934
2,429

772

--

-.

1,255

8,727
3,527
14,957
4,882
2,574
5,129
2,229
3,889

45
38
133
181
42
26
78
22
207

Wyoming
Colorado
New Mexico
Oklahoma

Washington. . .
Oregon
California
Idaho
Utah
Nevada
Arizona
. ,__

242
124
339
78
99
186
103
84

46, 263

18, 773

2,300

313

2,447

3,889

3, 457

497

77,939

3, 000

15,233

21, 704

26, 014

6,062

445, 519

2

3
18

11
21

8

175
1,012

1

44

9

1,231

144
103
142
108
92
20
119
40
187

1

1

5,130

219, 717

141,416

12, 373

Alaska (nonmember banks)
T h e Territory of Hawaii (nonmember bank)
Virgin Islands of t h e United States (nonmember
bank)

4
1

89
557

33
318

29
96

1

19

5

18

Total possessions (nonmember banks)

6

665

356

143

2

2

22

32

5,136

220, 382

141, 772

12, 516

3,002

15, 235

21, 726

26, 046

6,071

446, 750

8
10
241
4,871
6

16, 437
8,463
89, 223
105, 594
665

22, 217
12,136
52, 765
54, 298
356

1,271
821
5,087
5,194
143

1,727
143
1,013
117
2

2,612
2,854
5,959
3,808
2

1, 552
294
8, 552
11, 306
22

2,600
1,963
9,978
11,473
32

2,613
156
1.607
1,686
9

51, 029
26,830
174,184
193, 476
1, 231

Total United States and possessions
N e w Y o r k City (central Reserve city)
Chicago (central Reserve city)
Other Reserve cities
C o u n t r y banks (member banks)
.
Possessions (nonmember banks)




. .._ .

2

1

TABLE N O . 27.—Earnings, expenses, and dividends of national banks for the period of 6 months ended June 30, 19J+1—Continued

Total New England States
New York .
New Jersey
Pennsylvania Delaware
M aryland
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




w
169

3,738 1,599

5,423 7,700

258 2,859

1

7,334 2,477
972
1,747
4,607 2,559

13, 495 16,816
2,240 3,358
6,316 8,842

345 3,933
173 1,942
491 7,515
4
80
38
631
24
357

6 2,073 3,449
547
530
943 3,168
4
4
27
102
286
65
188

1,075 14, 458

4

6 1,970 5,278

174
757

55
437
363

139
753
72
319

50

130

14, 543 6,430

260
237
148

403
398
245

3,544 4,979
234

43
576
576

336

79
838

845

23, 246 SO, 778

91ft
3,415 2,119

1,429
3,132 4,990

227

411
396

305
527
640 1,101
983 1,675

63 1,335
27
529
14
275
8
141
32
359
31
281
20
544
13
215
30
409
117 1, 091
212
20
32
484
32
889

9,478 5,604

10,697 17,239

439 6,764

875
410
324
242
632
633
562
200
540
334
561
750

549
275
196
145
308
323
324
115

938
464
318
263
870
904
715
207
958

1,559
719
528
488

1,516
1,353
1,102

352

1

195

117
67
104
852
65
222

840 1,427

1;465
1,099

914

446
465
296

3,959

12, 465

5, 901

1,002

3,798

6,128

20, 674

1,265
8,766 1,134

266
101
21
372
163
242

16, 349 46, 984
2,789
9,968
7,153 30,197

21, 758 3, 504
490
4,229
15, 482 1,684

4,556

330

933

10 3,734 7,648

27, 481

92,195

51
659
78
206
45
159
8
168
154
523
112
301
55
234
64
74
160
400
860 1,658
39
121
86
265
248
520

1,101

1,386

5,022
2,340
1,570
1,137
3,943
3,471
3,019
1,050
3, 565
14, 937
1,498
2,811
4,808

14, 539

49,171

626
435
307

1,373
1,209
885
277

1,068
4, 663
467
742

267

393

149

1,302

756

2
95
101

43, 676 5,882
2,089
1,032

1,105
862

2,862

19

1,602

118

10, 019

53
141
130

135
151
23
17
7
957
35
35
225
342
111
97
109

23,195 2,527

2,244

674
625

1,908
1,804
1,720
274

245
122
63
23
64
100
164
66
51

1, 410
7,486 1, 305
675

1,336
2,162

252
159
76

1,223

70
219

Total net ea rnings, rec

Total

All other

Profits on securities sold

.a

63
80
31
635
33
292

2,738
2,041

1

Recoveries on loans

308
337
192

54
668
468

1

Net earnings

Total current expenses

Other expenses

Other taxes

Interest and discount on
borrowed money

Interest on time and savings deposits

Number 2

Real-estate taxes
22
30
5
583

1,000 1,339

2,156
. . . __

B

25
484
17
174
19
280
125 1,246
21
104
571
51

249
236
166

.

I

Amount

Amount
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Employees
other than
officers

Officers

Location

Fees paid to directors and
members of executive,
discount, and advisory
committees

Salaries and wages

Recoveries on bonds,stocks,
and other securities

Recoveries, profits on securities sold,
etc.

Expenses

5,etc.

[In thousands of dollars]

6
13
17
136
10

587
353
145

1,033

2,366

8,267

818
441

51

276
804

1,999
233
7,142 1,209
286
2,418
4, 949 414

4,531

13, 297

16,411
4,062
9,909

38,169
8,291
25.391

2,431

602

3,733
1,358

15,628 1,960

33,489

77,165

51
65
27
45
25
61
79
21

752
499
179
95
272

2,841
1, 531

45
695
379

321
161
66
10
176

1,141

311
157
3G2

8
39

4

74

2,259
589
279
689

669

2,069

223

853
720

2,180
4, 063
2,309
553

3, 035

216
177
496

361
54
60
80

434
475
815

2,099
10, 521
1,109
1,811
2,977

4,621

9S0

10, 372

33, 567

1,027

Ohio.,
Indiana
Illinois
Michigan
Wisconsin
Minnesota-.
Iowa _ _
Missouri

1,989 1,096
835
538
4,307 1,752
1,123
459
941
479
1,544
847
630
421
1,037
460

. ._
_
._

_____

Total Middle Western States
North Dakota
South Dakota
Nebraska -. Kansas
Montana _
Wyoming, _ _ _ _ _ _
Colorado
New Mexico
Oklahoma

12, 406 6,051

2,602 3,937
1,078 1,744
7,677 10,493
2, 334 3,165
1,387 1,832
1,962 2,992
977
547
1,397 2,251
18, 984 27, 391

109
340
97
875

158
177
632
524
187
124
722
154
1, 072

307
339
1,109
998
317
188
1,072
252
1,718

4,399 3,087

3,750

6,300

195
283
774
786
224
166
611
149
1,211

Total Western States.-

160
199
511

648
148

114
46
154
41
49
79
26
31

2 415
1,228
3,490
1,564
1,085
1,291
450
555

540 12, 078
8
16
26
35
9
6
32
5
32

120
127
281
260
99
96
401
101
496

466
5, 053
1,815
188
12, 768 1,988
268
2.333
364
1,877
2,895
503
1.288
117
2,126
255

391
203
729
1, 364
883
731
58
1,017

30,155 4, 149

5,376

339
278
29
61

1,774
1,340
9, 439
2,777
3,110
2, 056
378
2,136

6,827
3,155
22, 207
5,110
4,987
4,951
1,666
4, 262

11,145 2,340

730
568
5, 735
1.067
1,524
544
174
803

187
381
987

1,615

12,057
5,272
28,036
7,918
5,165
7,966
2,646
5,232

7 1,822 6,821

21,634

74, 292

23.010

53.165

75
65
242
208
100
82
191
66
593

227
283
1,032
847
309
135
790
200
1, 495

818
976
3.095
2, 737
969
620
2, 836
683
5. 006

297
419
1.405
1,350
283
226
928
295
2,513

58
43
207
194
162
(U
166
114
329

60
22
1,447
213
93
18
257
66
169

43
23
471
171
50
31
161
28
306

16
16
16
118
28
12
82
6
68

177
104
2,141
696
333
122
666
214
872

474
523
3, 516
2, 046
616
34S
1,594
509
3.38.5

7,716

5
2

1
1
1

240 1 303
663
136
805 3,001
432
125
153
195
569
204
157
63
54
543

35
24
107
76
41

n

89
8
107

3 394
1,286
8,597
2,299
1,353
2,317

498 1,622

5.318

17, 740

1.334

2. 345

1.284

362

5. 325

13,041

1,032
482
594
365
5, 535 2,521
252
141
144
76
97
53
176
85

1, 638 2,408
1,085 1,510
11,628 15,521
439
245
165
253
175
109
282
458

23
925
6
750
129 9,753
230
5
7 197
1
139
111
1

335
67
261
100
1.010 3,479
19
98
66
21
12
53
132
3

1, 506
852
9. 667
269
229
130
317

5, 526
3. 648
41.201
1.118
829
541
1,022

2,462
181
116
L 367
18, 595 2, 896
31
475
411
19
12
288
456
33

55
130
1, 131
10
18
2
11

159
211
:i, 448
81
19
10
18

35
47
464
10
1
3

-430
504
7, 939
132
74
25
65

2. 892
1. 871
26, 534
607
485
313
521

7,830 3, 723

15,152 20,744

172 12,105

1. 232 4, 424

12, 970

53.885

24. 054 3, 288

1,357

3, 946

578

9. 169

33, 223

Total United States (exclusive of
52, 394 26, 494
possessions).

77, 252 110,152

2,653 50, 245

27 10, 096 27. 220

88, 070 307, 957 137, 562 18,314

22, 506

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 b a n k ) . .
Total
possessions
banks) -

169 1,981

30

18

22

24

1

23

117

45

153

212

3

206

7

4

9

20

154

67

184

256

3

(nonmember

23

10
4

239

15

124

51

17

61

107

662

350

4

2

15

25

6

34

10

138

820

411

86

38,623 6. 453
1

2

85, 896 223.458

2

71

25

375

4
21

20

21

4

14

49

460

25

1

Total United States and possessions.. 52, 548 26, 561

77, 436 110,408

2,657 50, 484

27 10.111 27, 306

88, 208 308,777 137, 973 18,335

22, 508

38. 648 6. 454

85, 945 223.918

4.783
834
2,197
374
17, 255 5,871
28,159 19, 415
154
67

10, 899 12, 623
5,348 6,484
34,436 47, 236
26 569 43, 809
184
256

936
131
40 1,861
546 17, 867
1,936 29. 581
4
239

1 1,492
511
1 3,652
25 4,441
15

12, 825 33, 974
5.686 17,717
34,830 120,386
34, 729 135. 880
138
820

3,683
324
10.010
8,489
2

932
5, 486
4.908
720
13.558 1,831
14,671 2 970
1
25

12, 868
7,442
32, 449
33,137
49

New York City (central Reserve city)
Chicago (central Reserve city)
__
Other Reserve cities
Country banks (member banks)
Possessions (nonmember banks) „ _

1 Number at end of period.




2

2.907
2,074
11,799
10 440
86

17, 055
9.113
53, 798
57, 596
411

2,767
1,490
7, 050
7,007
21

Number of full-time and part-time employees at end of period.

29,923
16,555
86, 247
90 733
460

TABLE N O . 27.—Earnings, expenses, and dividends of national banks for the period of 6 months ended June 30, 1941—Continued
to

fin thousands of dollars]
Dividends

Losses and depreciation
Location
On loans

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England StatesNew 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




126
70
59
1,124
75
256

On bonds,
stocks,
and other
securities

389
299
70

1,686
197
442

On banking
house,
furniture
and
fixtures

Other
losses
and
depreciation

31
51
8
592
14
252

17
26
13
206
15
157

Total

563
446
150
3,608
301
1,107

Net
addition
to profits

470
372
291
4,659
368
962

On
preferred
stock ]

30
22
15
114
4
85

On
common
stock 2

212
147
82
3,496
215
673

Total

242
169
97
3,610
219
758

1,710

3,083

948

434

6,175

7,122

270

4,825

5,095

3,942
987
3,379
13
92
56

9,957
2,416
7,540

1,901
1,388

1,614
363

6
41
94

1,102
779
1,575
12
63
112

16,902
4,756
13,882
81
1,810
625

21, 267
3,535
11, 509
142
1,923
733

332
559
231
2
41
18

15,709
807
6,103
79
604
330

16,041
1,366
6,334
81
645
348

8,469

21, 940

4,004

3,643

38, 056

39,109

1,183

23,632

24,815

231
125
31
28
137
114
394
32
66
798
39
195
283

361
162
50
27
35
259
123
312
763
169
367
416

130
173
49
37
185
197
139
18
155
670
48
154
207

137
141
39
15
124
92
72
42
70
460
23
75
120

859
601
169
107
481
1,792
864
215
603
2,691
279
791
1,026

1,982
930
684
613
1,699
2,271
1,445
338
1,496
7,830
830
1,020
1,961

18
18
5
14
14
5
59
22
48
140
14
38
82

997
314
286
252
864
473
374
60
442
2,550
368
457
857

1,015
332
291
266
878
478
433
82
490
2,690
382
495
939

4,433

2,162

1,410

10, 478

23,089

477

8,294

8,771

2,473

50

1,389

574

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

379
149
2,334
163
182
176
137
377

788
493
3,829
905
777
516
190
954

1,309
243
717
238
276
180
122
268

151
50
860
139
189
123
35
100

2,627
935
7,740
1,445
1,424
995
484
1,699

4,200
2,220
14, 467
3,665
3,563
3,956
1,182
2,563

270
70
118
184
145
420
14
35

1,938
662
5,894
1,055
361
1,709
250
1,277

2,208
732
6,012
1,239
506
2,129
264
1,312

3,897

_. _ _

8,452

3,353

1,647

17, 349

35, 816

1,256

13,146

14, 402

276
169
2,075
763
428
130
604
224
924

198
354
1,471
1,283
188
218
990
2.85
2,461

18
11
11
19
3
5
24
4
16

206
75
509
538
238
125
1,486
163
1,145

224
86
520
557
241
130
1,510
167
1,161

_.

....

_._._._

60
61
146
249
32
26
86
24
326

2,837

1,010

339

5,593

7,448

111

4,485

4, 596

284
108
4 590
32
23
10
213

...

129
65
1,697
210
120
64
278
58
2,16

23
7
85
66
24
4
83
19
28

1,407

_

64
36
147
238
252
36
157
123
3(54

214
312
2 341
241
196
16
6

247
129
2,525
38
34
5
47

66
58
1 663
2
2
4
25

811
607
11,119
313
255
35
291

2,081
1,264
15, 415
294
230
278
230

28
3
1,009
12
4

889
299
7,947
373
332
125
519

917
302
8,956
385
336
125
543

24

5,260

3,326

3,025

1,820

13, 431

19, 792

1,080

10, 484

11,564

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)

23, 216

44,071

14, 502

9,293

91,082

132, 376

4,377

64,866

69, 243

1
1

26

1
1
3

6
42
4

65
333
10

10
134
2

10
134
2

19

2

26

5

52

408

2

144

146

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)

23, 235

44,073

14, 528

9,298

91,134

132, 784

4,379

65,010

69,389

2,871
1,773
7,813
10, 759
19

7,954
2,683
14, 534
18,900
2

1,452
368
6,634
6,048
26

583
637
3,256
4,817
5

12, 860
5,461
32, 237
40, 524
52

17,063
11, 094
54, 010
50, 209
408

33
2,198
2,146
2

14, 055
4,700
26,097
20,014
144

14,055
4,733
28,295
22,160
146

5
14

_ _ ..
. ._

i Includes 1 stock dividend of $384,000.




2 Includes 384 stock dividends aggregating $5,725,000.
GO

TABLE NO. 28.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the period of 6 months ended June 30, 1941
[In thousands of dollars]
Grand
District District District District District District District District District District District District NonNo. 5
No. 8
No. 9
No. 10 No. 11 No. 12 member total
No.l
No. 2
No. 4
No. 6
No. 7
No. 3
(5,136
(337
(319
(366
(651
(481
(305
(584
(500
(262
(537
(207
banks
(581
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) (6 banks) banks)
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 wagos:
Officers .
Employees 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 money
Real-estate taxes. .
-. _ _ _ _ _ .
Other taxes
Other expenses
Total current expenses.. _

14, 758

31,194

16,304

15,045

11,926

13,896

24,704

9,155

7,845

13,687

14,976

46,227

665

220,382

7,746

31,634

14,956

12,732

5,722

6,044

24, 212

4,982

4, 650

5,288

4,683

18,767

356

141, 772

374

1,668

335

395

465

1,211

2,237

721

1,444

627

605

2,291

143

12, 516

369
1,273
1,586
1,721
591

1,737
3,311
3,592
4,133
2,834

153
658
1,063
2,119
253

76
1,008
1,346
2,450
247

10
569
1,125
1,023
117

87
614
1,374
1,770
158

223
3,720
3,200
4,040
537

9
230
670
776
256

19
520
738
785
299

2
605
1,771
1,758
122

2
278
1,353
1,987
153

313
2,447
3,886
3,452
495

2
2
22
32
9

3,002
15, 235
21,726
26,046
6,071

28, 418

80,103

35,841

33, 299

20,957

25,154

62,873

16, 799

16, 300

23,860

24,037

77, 878

1,231

446,750

3,593
5,201
1,538

8,796
15,377
8, 216

3,680
4,803
2,149

3,679
5,002
2,081

2,606
3,093
1,508

2,919
4,024
1,505

6,898
12,315
2,891

2,260
2, 523
1,418

2,538
2,704
1,561

3,971
3,696
2,646

3,637
3,373
2,274

7,817
15,141
3,717

154
184
67

26, 561

7 358

19 635

6 927

7 259

4,906

6,368

16, 889

4,322

4,351

6,038

5, 375

20. 729

256

110,408

249

475

462

218

171

141

2,705
1
794
1,396
5,914

5, 593
6
2,463
3,883
18, 658

5, 581
4
748
2,497
5,688

5,197
1
682
2,259
5,930

1,641
3,542

342

2,350
4
693
1,690
5,314

19, 853

55, 251

23, 463

22, 968

14, 607

17,135

3,212

251

114

6,703

1,903

1,171
4,003
13,232

52, 548
77, 436

12,098

4
239

407
1,551
4,948

1,201
1
883
1,810
5,029

1,232
4,418
12, 962

86
138

15

2,657
50,484
27
10, 111
27, 306
88, 208

11, 967

16,458

16, 062

53,840

820

308, 777

4,333

7,402

7,975

24,038

411

137,973

129

1,217
3,414

342

1,962
1
339
855
3,439

44, 580 ' 11, 773

143

1,740

128

172

Net current earnings

8,565

24, 852

12, 378

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
__

1,075

3,937

1,456

884

637

483

2,789

500

806

1,109

1,351

3,287

21

18,335

X, 119

5,367

1,137

2,264

2,043

1,255

3,018

1,167

1,017

2,301

471

1,347

2

22,508




10,331

6,350

8,019

18, 293

5,026

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 profits before dividends ...
Dividends:
On preferred stock
On common stock
Total
1

Includes
Includes
Includes
4
Includes
5
Includes
e Includes
7
Includes

2

3

1,957
233

3,210
275

2,872
389

1,555
229

2,557
279

8,514
1,707

1,243
265

905
368

1,419
307

1,074
366

3,943
578

25
1

38,648
6,454

4,384

20,135

6,078

6,409

4,464

4,574

16, 028

3,175

3,096

5,136

3,262

9,155

49

85, 945

12, 949

44,987

18, 456

16, 740

10, 814

12, 593

34,321

8,201

7,429

12, 538

11, 237

33,193

460

223, 918

1,697
3,004

4,635
12,074

3,326
4, 660

846
4,235

539
2,538

981
2,188

2,729
5,573

680
1,713

571
1,131

1,107
2,727

845
903

5,260
3,325

19
2

23,235
44,073

913
371

2,384
1,506

1,036
1,654

1,930
562

480
504

754
478

1,398
1,103

414
261

442
272

1,015
295

711
467

3,025
1,820

26
5

14, 528
9,298

5,985

20, 599

10, 676

7,573

4,061

4,401

10, 803

3,068

2,416

5,144

2,926

13,430

52

91,134

6,964

24, 388

7,780

9,167

6,753

8,192

23, 518

5,133

5,013

7,394

8,311

19,763

408

132, 784

242
2 4,675

616
3 16,499

470
5,125

345
3 3, 407

113
6 2, 745

227
7 2, 638

465
8 7, 726

108
s 2, 329

1472
io 2,350

97
H4,212

142
1 2, 686
2

1,080
1 10, 474
3

2
144

4,379
65, 010

4,917

17,115

5,595

3,752

2,858

2,865

8,191

2,437

2,822

4,309

2,828

11, 554

146

69.389

1 stock dividend of $384,000.
10 stock dividends aggregating $130,000.
50 stock dividends aggregating $735,000.
24 stock dividends aggregating $113,000.
25 stock dividends aggregating $516,000.
15 stock dividends aggregating $127,000.
11 stock dividends aggregating $326,000,




9,374
1,457

4

s Includes 68 stock dividends aggregating $738,000.
9
Includes 26 stock dividends aggregating $174,000.
1 Includes 44 stock dividends aggregating $288,000.
0
11
Includes 44 stock dividends aggregating $1,430,000.
12 Includes 40 stock dividends aggregating $153,000.
13 Includes 27 stock dividends aggregating $995,000.

8

I

O

TABLE NO. 29.—Earnings, expenses, and dividends of national banks, years ended December 81, 1986-40
[In thousands of dollars. Figures for previous years, beginning 1917, published in report for 1938, pp. 100-107]
1937

1936

Number of active banks _ .
Capital stock, par value
Capital funds »
_

. .

. _.

_ . _

.

_

_

__ _

5,331
1, 605,011
3, 171,010

1939

1938
5,266

—
1, 582, 713
3, 244,198

1940

5,230

5,193

5,150

1, 575,095
3, 328,144

1, 535, 427
3, 405,118

] .529,473

•

«•

Amount Percent Amount Percent Amount Percent Amount Percent Amount
to total
to total
to total
to total
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
2

Fees paid to directors and members of executive, discount, and advisory committees
_
Interest on demand deposits
Interest on deposits of other banks
Tntftrfist °n time and savings dfiposits
Interest and discount on borrowed money
Real-estate taxes
Other taxes
Other expenses

..

.

Total current expenses




44-56

4t.lt

373,695
324,472
22,966

43.50
-37.77
2.67

373, 258
305, 698
21, 071

.93

.76
4.07
3.68
6.04
1.61

5,849
32,113
35,161
52, 758
11, 949

.70
3.83

39.55
2.71

36.48
2.51

45.65
35.11
2.63

411, 644
284, 093
23,315

.80
3.70

4.42
6.13
1.56

7,062
32, 681
40, 745
51,792
13,417

3.78
4.71
5.99
1.55

864, 749

100. 00

. . .

>. .

7,667
31, 676
27,468
48,143
13,954

3.84
3.33
5.84
1.69

6,532
34.979
31,589
51,885
12,976

1.43

6,806
31, 421
37,485
51, 961
13, 243

824, 933

100.00

859,094

100.00

837, 857

100.00

848, 419

100.00

90, 732
131,040
24, 404
93,763

16.06
23.19

95, 643
140,142
24,892
97,805

16.31
23.90

98, 487
43, 309
25,324
96,922

17.06
24. 83

100, 733
146,093
26,673
99,455

17.33
25.13

4,400
5,149
1,422
126, 430
264
21, 558
27, 965
156,053

.78
.91

4,865
3,156
1,179
125,030
331
21, 923
33, 743
160, 209

5,104
.83
• 54
.20
21.33 } 121,886
209
.06
22,004
3.74
5.76
30,034
156, 239
27.33

.89

5,324

.25
22.38
.05
3.81
A. 95
27.62

114, 291

100.00

586,221

259,920

272,873

100.00

577, 272
260, 585

4.20
6.30

Percent
to total

387,324
297,842
22, 337

565,013

.._

Number of officers
_.
Number of employees other than officers2

Net current earnings

347,385
326, 275
22, 365

3

, 536,398

47. 60

32. 85
2.70

O
C

.82

104,102
151,197 26,170
103,901

17. 37
25.22

.92

5,357

.89

105, 570

17.61

76
21,815
44, 289
167, 038

3.64
7.39
27.87

599,444

100.00

O
F
F
H

O

3.81
5.20
27.06

100
21. 850
32, 621
160, 252

19.66
.02
3.76
5.61
27.57

100.00

581, 264

100. 00

21.11

.04

267,155

265,305

.01

d

Recoveries, profits on securities sold, etc.:
Recoveries on loans
_.
Recoveries on bonds, stocks, and other securities
Profits on securities sold
_
Allother

.._

69,658
120,534
157,832
12,199

. ._

.._

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

100.00

32,152
33,453
98,819
17, 386

17.69
18.40
54.35
9.56

39,927
33,631
124, 920
12,481

18.93
15.94
59.21
5.92

181,810

100.00

210, 959

100. 00

442, 395

444, 352

36, 751
40,993
105, 051
15, 355

18. 55
20.69
53.01
7.75

198,150

100. 00

463,455

478,114

154,614
91,764
26,440
33, 499

_._
_

.

71, 844
92, 343
24,638
27, 506

83.21
42.69
11.89
12.71

80,290
115, 281
26. 362
21,813

82.94
47.29
10.82
8.95

67,171
109,378
27,922
22,067

29.65
48.28
12. 33
9.74

58, 249
107,960
28,346
27,435

26.24
48.63
12.77
12.36

100.00

216, 331

100.00

243, 746

100.00

226, 538

100. 00

221,990

100. 00

313,826

_
-

3

Total
Ratios to gross earnings:
Salaries, wages, and fees
Interest on deposits
Allother current expenses

50.47
29.96
8.63
10.94

306,317

Total

On preferred stock
On common stock

29.86
19.70
40.18
10.76

171,479

100.00

620,143

.

Net profits before dividends.
Dividends:

50, 342
33, 777
68,908
18,452

19.84
88.46
48.81
8.89

360, 223

._

228,021
4

136,035

_

_.

-

Net profits

_




8,911
130, 576

7

8,175
137,183
145, 358

139,487

Percent
28.01
15.06
25.17

Percent
29.47
14.55
24.88

Percent
29 72
13.47
25.32

Percent
30.14
12.21
26.97

68.49

68.90

68.51

31.10
-7.89

31. 49
-1.84

30 68
-2.76

26.54

23.71

29. 65

27.92

8.48
4.29

9 87
4.67

9 05
4.28

9 08
4.10

t-

9.50

'i

a

4.U

'Includes stock dividends of $8,309,000.
Includes stock dividends of $12,009,000.
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
NOTE.—The number of banks, capital stock and capital funds used in this table are as
of end of period.
7
8

o1

69. 32

31.76
-5.22

88.04

_

68.24

+6.58

'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.
Includes stock dividends of $16,019,000.
Includes stock dividends of $26,572,000.
'Includes stock dividends of $19,795,000.

142, 520

6

81 51

_.

Ratio of dividends to capital stock (par value)
Ratio of dividends to capital funds .

3
4

9,378
« 133,142

241,465

251, 576

Percent
27 42
16.12
24-95

. .

Total current expenses
Net current earnings
_
Net losses and depreciation, less profits on securities sold 8

11, 532
136,803
148,335

18,166
117,869

198,649

2
a

TABLE NO. 30.—Earnings, expenses, and dividends of national banks for the year ended Dec. 81, 19J+0
[In thousands of dollars]

00

Gross earnings
H

Collection
charges,
commissions, fees,
etc.

Foreign department
(except interest on
foreign
loans, investments,
and bank
balances)

Trust department

Service
charges on
deposit
accounts

1,628
950
653
10, 625
722
2, 353

38
49
26
497
17
105

5
1
1
656
23
16

20/
58
54
1,424
114
1,074

164
213
88
1,976
170
571

139
167
77
2,576
51
738

28
49
32
1,322
13
92

4,122
3,104
2, 437
37, 263
2,597
9,901

29, 662

16,931

732

702

2,931

3,182

3, 748

1, 536

59. 424

O

428
225
688
15
63
9

50, 518
12,506
37, 578
464
3,029
2,523

52, 248
10,175
43, 721
308
4,128
1.848

2,781
344
800
8
70
57

4,467
12
371

5,420
1,699
2,348
25
241
332

6,611
2,198
5,170
16
369
279

6,561
146
571
8
55
5

J 34, 826
27, 997
92, 582
853
8,051
5,3S8

W

9
4

6,220
917
2,020
24
150
340

1,428

106, 618

112, 431

4, 060

4,863

9,671

10,065

14, 643

7, 346

269, 697

130
77
44
21
51
52
65
24
29
446
50
95
71

8,732
4,126
2,453
1,804
6,755
3,955
4,666
1,202
4,467
25,032
2,033
4,906
7,824

3,134
1,323
808
596
1,533
3,187
2,165
814
3,056
8,917
1,147
2,287
2,804

204
131
142
261
666
525
287
212
319
969
290
94
608

5
2

89

1
1

540
211
83
78
340
344
293
31
212
600
88
101
294

507
253
446
289
483
790
370
132
483
2,328
252
313
465

632
540
199
67
798
671
746
171
744
3,695
266
351
804

117
81
50
16
48
44
72
8
76
308
95
36
265

13, 871
6,667
4,181
3,112
10, 623
9,516
8, 688'
2,570
9,407
41,863
4.171
8,089
13,065

1,155

77,955

31, 771

4,708

163

3,215

7,111

9,684

1,216

135, 823

Interest
and discount on
loans

Interest
and dividends on
bonds,
stocks,
and other
securities

__.

37
52
41
125
12
52

1,913
1,617
1,506
18,187
1,487
4,952

Total New England States

319

Number
of banks

Location

Rent
received

Other
current
earnings

Total earnings from
current
operations

C
O
$

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

__.

Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia-.
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

-

Total Southern States




1

50
14

o

o
H

£
O

H

o
<L]
to
?o
H!
4-t

o

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 (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)




20

1,523
322
6,297
773
243
976
124
474

1,704
728
3,471
1,102
779
736
602
600

2,817
920
5.332
958
1,052
901
430
490

298
68
391
185
176
309
84
69

33,910
13,659
76, 301
18,040
14,091
21, 612
7,492
14,375

W

606

10, 732

9,722

12, 900

1,580

199,480

J^

29
14
194
140
15
21
369
20
195

105
207
637
681
138
150
697
140
885

126
107
843
659
262
67
435
127
1, 242

129
133
42
86
47
7
41
14
82

2,294

g
4

14,705

5

997

3,640

3,868

581

50,154

o

62
44
604

425
278
4,317
13
35
23
41

676
663
5,078
156
168
67
180

564
481
5,108
117
217
132
268

54
53
871
10
54
69
5

14,864
9,910
114,499
2,016
2,478
1,540
2,468

b
3
S
Q
I1
"
f1
H

6,887

1,116

147, 775

51, 730

13, 375

862.353

O
^

41
1

404
1,918

3
P-

74

o

62

42

2,398

^

40, 745

51,792

13,417

864,749

£

2,978
605
15,995
21,130
37

4, 966
3,834
19,989
22, 941
62

6,226
. 184
3,496
3,469
42

49,998
335,296
377, 389
2,396

242
124
337
76
103
188
103
85

16,399
6,544
25, 662
?, 681
4,872
9,958
4,186
7,292

10, 581
4,785
31, 737
6,772
6,639
6,640
1, 789
5,033

506
288
3,120
412
312
2,058
277
397

82
4
291
157
18
34

1,258

82, 594

73, 976

7,370

45
40
133
181
42
26
78
22
208

1,079
1,578
4,585
4,398
1 058
1,146
3,810
1, 273
8,485

495
512
1,982
1,618
904
389
2,012
328
3,448

331
229
289
214
186
39
231
76
368

775

27, 412

11, 688

1,963

43
26
98
18
13
6
5

8,952
4,909
67,510
1,114
1,323
804
1,501

3,536
3,306
27, 803
539
628
414
371

595
176
3,208
67
53
31
96

209

86,113

36, 597

4,226

716

5,132

6,988

5,144

410,354

283, 394

23, 059

7,055

32, 678

40, 708

4
1

204
1,051

68
620

60
169

3
7

6
31

22
39

1

35

11

27

6

1,290

699

256

7

3

37

5,150

411,644

284,093

23, 315

7,062

32, 681

8
9
240
4,887
6

32, 552
14,074
164,751
198,977
1,290

40,871
23, 623
107,088
111,812
699

2,229
1,638
9,248
9,944
256

4,457
262
2.096
240
7

5, 391
5,778
12, 633
8,876
3

3

2

6

1

2,780
8,575
7,796
2, 610
1,819

H3

7,597
1,978

W
S

99,670

o

S

§

c

^

CO

TABLE NO. 30.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1940—Continued
[In thousands of dollars]
Recoveries, profits on securities
sold, etc.

Expenses

d
CD
CD

Maine
New Hampshire
Vermont
M assachusetts
Rhode Island
C onnecticut

514
472
340
4.221
332
1,469

Virginia
West Virginia
North Carolina
South Carolina
Georgia
-__
Florida
Alabama . - - . _ .
Mississippi
Louisiana
-_.__ _
Texas
Arkansas
Kentucky
Tennessee

,
- -

-.




402

..

3,099
2,272
1,906
23, 863
1,806
7,261

2, 272

11, 573

651 8,818
10 4,067 5,347
334 3,850
867
1,147
996 16, 258 ~~"Io 2,129 5,003
9
64
12
180
593
134
76 1,359
324
126
46
701

30, 878
5,406
14, 304
113
1,368
873

389
231
4, 741
324
1,259

52
41
40
242
36
103

1,065
384
603
2,627
221
1,196

10, 604

7,346

514

6,096

14, 653 2,480
948
3,417
9,242 2,550
47
110
236
873
128
723

26, 850 16,294
4, 358 3,176
12,749 8, 589
70
85
772
1,085
747
1,118
46, 245 29,648

547
1,717
270
805
192
654
141
494
296
1,274
292
1,230
1,121
321
398
113
1,079
206
6,925 2,075
658
229
1,122
403
1,474
388

652
668
378
7,429
625
1,821

546
479
297
6.905
455
1,924

1,769
932
618
498
1,664
1,661
1,403
392
1,897
6,321
586
1,247
1,874

1,447
690
503
430
1,413
1,300
1,041
322
1,423
4,761
487
1,065
1,611

2,112 31,166
125
62
28
16
75
63
39
29
61
257
43
65
63

2,669
1,181
545
275
882
586
1,191
440
889
2,403
447
1,134
1,873

1

203
67
148
79
33
215
1,224 1,217
18
119
378
370

1 1,799

20 7,615 12,198
1
1
1
2
8
2

1

818
158
285
• 150
223
93
149
27
837
332
239
240
319
150
92
146
416
816
2,203 2,335
74
228
253
484
345
851

8
a
'S
CD

All other

Profits on securities so

Recoveries on bonds,s
and other securiti

Recoveries on loans

Net earnings

B
<

29, 018 6,389

___ __

Total Eastern States .

W

756
73
306
7,348 1,600

Total New England States
New York
New Jersev
Pennsylvania
Delaware
M aryland
District of Columbia- _.

149
175

1

Other expenses

a
%

O

Other taxes

1

Real estate taxes

a

Interest and discoun
borrowed mon

Officers

CD

M

>>

-4-3 CD

Interest on time and
ings deposits

Employees
other than
officers

Fees paid to directors
members of execu
discount, and adv
committees

Location

0

Total current expenses

Salaries and wages

CD

a
ID

0

1,172
568
397
7, 571
557
1,949

2,195
1,400
928
20, 971
1,348
4,589

842

12,214

31, 431

22. 72 4 3, 085
507
5, 441
12, 408 1,077
12
92
1,312
49
21
635

39, 629
8,787
20, 329
127
5,023
1,060

83, 181
17, 405
52, 220
407
7,586
2,537

648
271
198
3,617
232
765

21
37
24
602
24
134

5, 731

1,023
123
832
120
531
80
13,400 2,041
49
791
685
2,640

380
140
95
1,311
252
365

40, 207

19, 217 3, 098

2, 543

91, 274
19, 379
60, 691
573
5, 488
3,911

43, 552 7,570
907
8,618
31,891 1,735
5
280
2,563
161
119
1,477

6,270
1,932
5,109
18
3, 501
285

52, 942 181, 316

88, 381 10, 497

17,115

42, 612 4,731

74, 955 163, 336

9,371
4,650
2,970
2,041
7,390
6,138
5,974
2,021
7,172
28, 915
2,900
5,703
8,955

684
4,500
529
2,017
121
1,211
52
1,071
162
3,233
114
3,378
2,714
243
99
549
2,235
187
12,948 2,303
14.9
1,271
2,386
243
4,110
215

179
86
43
94
30
532
111
86
572
847
79
190
256

2,114
1,235
808
582
2,326
2,118
1,746
522
2,014
8,463
864
1,396
2,474

626
369
230
142
479
1,373
751
244
1,040
2,604
308
651
981

109
108
38
67
94
75
102
81
95
636
93
135
229

1,598
1,092
432
355
765
2,094
1,207
510
1,894
6,390
629
1,219
1,681

6,098
3, 109
1,643
1,426
3,998
5,472
3,921
1,059
4,129
19, 338
1,900

3,605
5,791

Total Southern States..
Ohio
Indiana
Illinois
Michigan..
Wisconsin, _
Minnesota.
Iowa
Missouri...

18,951 5,473\
3,908 1,057
1,662 532
8,286 1,700
2,089 446
1, " ' 485
"
3,041 836
1,234 4H
2,089

Total Middle Western States
North DakotaSouth Dakota. .
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

14,515

20,862 16,393

5,109
2,102
14, 784
4,056
2,746
3,882
1,075
2,838

3,702
1,662
9,746
2,616
1,766
2,841
931
2,144

224
99
286
82
103
156
46

5,068
2, 438
6,886
2, 775
2,300
2,638
897
1,166

24,146 5,930

36, 592 25,408

1,058 24,163

156
210
512
641
142
105
334
95
871

287
299
323
331
1,208 1,022
916
1,027
308
386
177
243
1,476 1006
226
306
2,154 1,676

276
260
561
533
231
244
813
188
1,067

392
553
1,604
1,580
427
333
1, 218
295
2,491

Total Western States..

21 4,586 7,677
500
291
1,369
305
40'
415
134
364

3,785 11,454
54
51
219
228
93
41
194
63
234

26, 662

% 696 6,751
1,160 2,529
4,157 15,889
3,914
793
230 2,641
1,264 4,516
1,660
278
2,90:
876

81
80
453
308
190
113
940

94, 200 41,6231 5,1011 3,105

9,798 1,862 19,866

6:1,489

747
379
4,910
3,257
1,144
1,502
134
1,118

362 5,24'
2
2,776
1,755 201
13,573 2,713 26,337
4,414 525 8,633
2,159 55;
4,
1,428
5,443
347
877
2, 596 216 4,406

14,901
6,159
50, 974
12,659
8,423
11,142
3,045
8,484

24 256
9,654 1,536
10. 276 3, 383 441
51, 664 24,637 5,141
14,014 4,026 437
3,821
742
10,270
15, 913 5, 699 1, 584
5, 324 2,168 318
10, 29' 4,078 476

40, 802 142,014
467
547
1,976
1,591
565
279
1,502
343
2,956

1,587
1,"""
6,092
5,346
1,919
1, 271
5,63"
1,298
9,916

57,466 10, 675 13,191
707
913
2,483
2,450
691
548
1,960
680
4,789

113
90
603
393
485
140
515
196

28, 874 5,581
114
8?
957
250
90
131
764
119
773

106
53
2,06!
33:
71
34
635
50
235

24
50
214
174
16
27
178
22
311

58,321 115, 787
35:
275
3,836
1,149
662
33:
2,092
387
2,305

1,064
1,188
6,319
3,599
1,353
880
4,052
1,067
7,094

7,430 5,941

388 4,173

19 1,177 2,627

3,280 1,016

11, 395 26, 616

473
2,015
1,113
358
11,149 2,510
102
338
73
281
64
187

3,085 2,118
2,074 1,451
22, 553 14,334
297
328
160
208
546

46 1,897
13 1,428
262 20, 529
8
265
16
418
264
214

126
418
192 527
2,364 6,518
37
81
51
135
29
77
15
211

2,717 10, 304 4,560 495
1,763
7,110 2,800 221
18, 501 81, 877 32, 622 2,960
29
666
324
1,350
74
822
1,656
435
1,015
525
248
11
1, '
47
532
586

70
80
1,131
99
40
3
27

1,035
719
100
12, 567 1,021
71
25
162
22
18
9
138

6,256
1,696
1,120 3,920
17, 679 50, 301
890
224
298
1,120
566
41
753
221

15,443 3,661

29,091 18.940

351 25, 007

2,814 7,967

24, 574 105, 248 42, 527 3, 837

1,450

14, 710 1,282

21, 279 63, 806

Total United States (exclusive of
possessions)
103, 799 26,109 150,824 '03,676

5, 349 105,120

76 21, 776 44,195 166, 779 597, 918 264, 435 36, 729 40, 982 105,005 15, 314

462,465

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)

3,056

10, 226 34, 933 15, 221 3,52 1 3,578

62

252
1,213

705

10

61

13

259

1,526

870

200

152

187

47

56

47

23

233

310

184

14

16

18

18

303

373

225

450

Total United States and possessions
_ 104,102 26, 170 151,197 '03,901

5,357 105,570

76 21,815 44,289 167, 038 599,444 265, 305 36, 7511 40,993 105,051 15,355 198,150 463,455

241 1,961
63 3,674
1,055 37,123
3,990 62,362
450

2,994 4,245 24,019 64, 776
902 2,910 10, 521 32, 688
7,802 19, 5141 65, 4S1 232, 155
65 10, 078 17, 526
268, 299
39! 941
259 1, 526

Total possessions (nonmember
banks)

New York City (central Reserve city)__.
Chicago (central Reserve city)
4,186 362
Other Reserve cities
34,257 5,763
Country banks (member banks)
55, 747 19,136
Possessions (nonmember banks)......
303 61
1 Number at end of period.




21, 704 12.260
10,432 6,101
66, 965 43, 730
51, 723 41, 585
373! 225\

30

39

94

775

35

15
46

22

34,894 5,895
17, 310 4,252
103,141 11, 672
109, 090 14, 910
870| 22

4,706
4,376
18, 351
13, 549
11

18,492
11,517
40,230
34, 766
46

2 Number of full-time and part-time employees at end of period.

120

2,179
2, 213
4,948;
5, 974

31, 272
22, 358
75,201
69,199
120

990

66,166
39, 668
178,342
178, 289
990

TABLE NO. 80.—Earnings, expenses, and dividends of national banks for the year ended Dec. 81, 1940—Continued
Ox

[In thousands of dollars]

On bonds,
stocks,
On loans and other
securities

Location

Maine
New Hampshire
Vermont . . .
Massachusetts
Rhode Island
Connecticut

On banking house,
furniture
and fixtures

Other
losses
and depreciation

1,020
436
199
5,055
392
913

129
187
38
1,555
37
676

64
63
52
2,491
40
220

237
245
133
3,652
210
589

Total New England States. _

Total

1 450
931
422
12, 753
709
2,398

Net
addition
to profits

745
469
506
8,218
639
2,191

On preferred
stock

On common
stock 3

64
44
31
231
12
165

499
309
177
7,287
530
1,252

to

Katios

Dividends

Losses and depreciation

Capital
funds *«

Net addition to
profits to
capital
funds

563
353
208
7,518
542
1,417

18,250
14,588
10,246
203,698
17,009
42,647

4.08
3.21
4.94
4.03
3.76
5.14

Total

ExNet addipenses
tion to
profits to to gross
earnnet earnings
ings
72.83
56.37
95.29
61.33
80.78
82.99

75.18
73.20
78.21
- 64.04
69.54
73.34

5,096

8,015

2,622

2,930

18, 663

12, 768

547

10,054

10,601

306,438

4.17

66.44

67.66

New York
New Jersey
Pennsylvania _
_ .
Delaware
Maryland
_ _
District of Columbia..

10, 549
3,046
9,904
36
213
178

28,617
5,239
19,129
183
, 4,497
533

3.968
1,029
3,203
46
163
170

2,330
2,184
4,422
47
108
56

45,464
11,498
36, 658
312
4,981
937

37, 717
5,907
15, 562
95
2,605
1,600

764
893
499
9
92
39

30, 605
1,680
12, 775
163
1,667
665

31,369
2,573
13,274
172
1,759
704

711,746
107,227
449,672
5,340
31,921
21,212

5.30
5.51
3.46
1.78
8.16
7.54

86.60
68.54
48.80
33.93
101. 64
108.33

67.70
69.22
65.55
67.17
68.17
72.59

Total Eastern States

23,926

58,198

8,579

9,147

99,850

63,486

2,296

47,555

49,851

1,327,118

4.78

71.83

67.23

761
556
109
83
276
172
651
154
311
2,618
124
330
638

743
321
75
234
332
1,580
481
182
1,016
1, 729
197
886
886

357
280
112
82
526
536
295
48
336
1,610
121
248
455

252
329
56
32
178
118
554
120
115
799
93
159
258

2,113
1,486
352
431
1,312
2,406
1,981
504
1,778
6,756
535
1,623
2,237

3,985
1,623
1,291
995
2,686
3,066
1,940
555
2,351
12, 582
1,365
1,982
3,554

40
66
14
33
26
12
191
53
94
331
33
82
168

2,140
668
553
644
1,697
1,236
1,242
285
823
7,542
762
1,231
1, 609

2,180
734
567
677
1,723
1,248
1,433
338
917
7,873
795
1,313
1,777

51, 686
24,141
14,156
10, 012
34, 753
30,699
34,083
8,271
31,258
154,087
13, 666
31,223
46, 295

7.71
6.72
9.12
9.94
7.73
9.99
5.69
6.71
7.52
8.17
9.99
6.35
7.68

88.56
80.47
106. 61
92.90
83.08
90.76
71.48
101.09
105.19
97.17
107.40
83.07
86.47

67.56
69.75
71.04
65.58
69.57
64.50
68.76
78.64
76.24
69.07
69.53
70.50
68.54

6,783

8,662

5,006

3,063

23, 514

37,975

1,143

20,432

21,575

484,330

7.84

91.24

69.35

1,303
452
3,688

2,289
1,544
7,547

1,104
496
1,630

501
241
2,512

5,197
2,733
15,377

9,704
3,426
35,597

556
164
212

3,711
1,393
13,696

4,267
1,557
13,908

140,261
53, 749
294,330

6.92
6.37
12.09

100. 52
101.27
144.49

71. 53
75.23
67.71

Virginia
West Virginia
North Carolina..
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky .._ .
Tennessee

. .

. .

Total Southern States
Ohio
Indiana
Illinois




.

350
775

358
2,489

255
320

88
1,722

1,051
5,306

1,994
3,178

89
76

1,544
2,423

1,633
2,499

25,416
59,290

7.85
5.36

91.97
77.93

8,294

23,068

5,610

5,860

42,832

72,955

2,121

30,270

32,391

779,418

9.36

126.95

71.19

232
90
442
470
191
106
653
291
723

141
143
2,444
389
366
104
600
188
276

85
107
315
416
127
66
351
75
621

124
64
222
181
21
6
74
10
139

582
404
3,423
1,456
705
282
1,678
564
1,759

482
784
2,896
2,143
648
598
2,374
503
5,335

23
50
40
43
10
18
41
8
48

418
537
1,771
1,174
608
265
1,030
273
3,006

441
587
1,811
1,217
618
283
1,071
281
3,054

6,054
6,778
28,446
28,402
8,594
5,914
28, 570
4,175
50, 729

7.96
11.57
10.18
7.55
7.54
10.11
8.31
12.05
10.52

68.18
85.87
116.63
87.47
93.78
109.12
121.12
73.97
111. 40

69.18
67.16
71.04
68.57
73.52
69.87
74.20
65.62
67.43

3,198

4,651

2,163

841

10, 853

15, 763

281

9,082

9,363

167, 662

9.40

103. 56

69.65

619
226
9,806
48
47
17
105

480
513
3,822
126
206
56
107

490
326
3,258
44
79
8
97

258
511
4,706
6
40
9
54

1,847
1,576
21, 592
224
372
90
363

4,409
2.344
28, 709
666
748
476
390

61
4
1,639
15
29
1
36

1,721
554
15,857
174
699
196
237

1,782
558
17,496
189
728
197
273

43,040
24,027
302,524
5,021
8,237
2,927
5,180

10.24
9.76
9.49
13.26
9.08
16.26
7.53

96.69
83.71
88.01
100.00
91.00
90.67
73.31

69.32
71.75
71.51
66.96
66.83
65.91
78.44

Total Pacific States—

10,868

5,310

4,302

5,584

26,064

37, 742

1,785

19,438

21,223

390,956

9.65

88.75

71.22

Total United States (exclusive of possessions)

58,165

107. 904

28,282

27, 425

221, 776

240, 689

8,173

136,831

145,004

3,455, 922

6.96

91.02

69.34

19

5

13

2

39

161

83

83

886

18.17

105.92

62.38

65

48

49

g

170

605

268

268

6 823

8 87

85 82

63 24

3

2

5

10

2

1

3

231

4.33

76.92

82.43

Iowa
Missouri

_

Total Middle Western StatesNorth Dakota
South Dakota
Nebraska —
Kansas
Montana _
Wyoming
Colorado New Mexico
Oklahoma

.

Total Western States..
Washington
Oregon
California
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)

71.06
71.63

84

56

64

10

214

776

2

352

354

7,940

9.77

89.20

63.69

Total United States and
possessions
__.

58, 249

107,960

28, 346

27,435

221,990

241,465

8,175

137,183

145, 358

3,463, 862

6.97

91.01

69.32

New York City (central Reserve
city)
Chicago (central Reserve city)
0 (her Reserve cities
Country banks (member banks)—
Possessions (nonmember banks)...

7,725
2,735
21,032
26, 673
84

23,504
5,174
34, 604
44,622
56

2,741
804
10,968
13,769
64

998
2,032
11, 592
12,803
10

34,968
10, 745
78,196
97,867
214

31,198
28,923
100,146
80,422
776

4
22
3,700
4,447
2

27,828
11,200
53,462
44, 341
352

27,832
11,222
57,162
48, 788
354

568, 594
209, 710
1,277,479
1,400,139
7,940

5.49
13.79
7.84
5.74
9.77

89.41
167.09
97.10
73.72
89.20

64.99
65.38
69.24
71.09
63.69

3 Includes 752 stock dividends aggregating $12,009,000.
« 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.
6 Figures for capital funds are averages of amounts from reports of condition for 4 call dates from Dec. 30,1939, to Dec. 31,1940, inclusive.




00

TABLE NO. 31.—Earnings, expensesf and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 19Ifi
[In thousands of dollars]
Grand
District District District District District District District District District District District District NonNo. 10 No. 11 No. 12 member total
No. 7
No. 8
No. 9
No. 5
No. 6
No. 1
No. 3
No. 4
No. 2
(208 banks (6 (5,150
(653
(482
(318
(262
(536
(372
(582
(336
(308
(500
(587
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
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-

28,613

60,595

31,984

28,446

22,248

24,989

42,577

16,857

15,248

25,929

26,808

86,060

1,290

411,644

16,582
707

60,094
3,045

31,210
661

27,176
794

11,617
859

12,027
2,124

47,653
4,053

10,014
1,340

9,752
2,939

11,171
1,230

9,518
1,089

36,580
4,218

699
256

284,093
23,315

700
2 799
3,044
3,515
1,519

4 480
7 059
6,881
8,215
6,667

313
1 586
2,027
4,248
482

141
2 258
2,560
4,882
471

139
1 383
2,393
3,505
268

469
7 637
6,095
7,975
819

20

35
1,044
1,390
1,592
658

7
1,284
3,444
3,472
292

16
2,550
3,851
342

714
5,132
6,982
6,879
1,115

7

1,295
1,566
422

37
62
42

7,062
32,681
40,745
51,792
13,417

57,479

157,036

72,511

66,728

40,516

46,828

117,278

32,015

32,658

46,829

44,795

147,680

2,396

864,749

17,467
30,532
3,192
18,935

7,334
9,667
2,147
6,728

7,353
9,896
2,029
6,919

5,173
5,935
1,485
4,523

5,775
7,738
1,436
6,136

13, 270
23,397
2,818
15,497

4,446
4,919
1,397
3,997

4,995
5,325
1,550
4,129

8,092
7,377
2,632
5,705

7,384
6,792
2,226
5,142

15,415
29,069
3,655
18,925

303
373
61
225

104,102
151,197
26,170
103,901

900
12,116
10
4 900
6,056
35. 361

946
11,932
10
1,762
3,665
11,382

424
11, 241
1
1,420
4,558
11,768

347
6,568
2
675
2,345
6,851

297
5,126
9
1,416
2,594
9,735

483
13,015
7
2,222
6,018
24,518

230
3,979
7
813
1,879
6,061

283
4,092
2
701
1,679
6,730

313
3,630
18
1,014
2,642
9,603

278
2,646
8
2,342
2,583
9,064

351
24,990
1
2,805
7,959
24,558

8
450
94
259

5,357
105, 570
76
21,815
44, 289
167,038

Expenses:
Salaries and wages:
Officers
7,095
Employees other than officers
10,177
Number of officers
1,542
Number of employees other than officers - 7,040
Fees paid to" directors and members of
executive, discount, and advisory committees
497
Interest on time and savings deposits
5,785
Interest and discount on borrowed money.
1
Real estate taxes
1,706
Other taxes
_
2,217
11,148
Other expenses
Total current expenses
Net current earnings
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities.
„




21
1 374
2,047
2,030
320

501

621

3

39

107, 342

46,698

46,661

27,896

32,690

82,930

22,334

23,807

32,689

31, 097

105,148

1,526

599,444

18,853

49, 694

25,813

20,067

12,620

14,138

34,348

9,681

8,851

14,140

13, 698

42, 532

870

265,305

2,982

8,369

1,165

2,490

1,626

880

6,771

877

2,389

2,967

2,380

3,833

22

36,751

2,444

7,674

2,236

4,388

4,157

1,408

9,378

1,614

1,974

3,391

883

1,435

11

40,993

38,626

5,554
821

Profits on securities sold

26,847
3,430

10,545
851

6,328
821

3,251
364

21, 218
3,886

2,057
1,062

3,471
905

2,716
722

14,705
1,281

46
41

11,801

46,320

14,797

14,027

9,398

4,613
457
7,358

41, 253

3,700
714
6,905

7,482

10,734

6,701

21, 254

120

105,05J
15,3§5
198,150

30,654

96,014

40,610

34,094

22,018

21,496

75,601

16, 586

16,333

24,874

20,399

63,786

990

463,455

5,022
7,828
2,545
2,831

12,640
32,617
4,775
3,734

10,000
14,167
2,311
4,341

2,452
9,186
2,503
1,646

1,872
6,362
1,137
780

2,056
3,788
1,942
1,267

4,938
14,130
2,989
3,155

1,224
4,485
938
2,012

1,462
3,811
1,232
550

2,870
4,237
1,949
713

2,766
1,987
1,659
813

10,863
5,306
4,302
5,583

84
56
64
10

58,249
107,960
28,346
27,435

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

18, 226

53,766

30,819

15,787

• 10,151

9,053

25, 212

8,659

7,055

9,769

7,225

26,054

214

221,990

Net profits before dividends

12,428

42, 248

9,791

18,307

11,867

12,443

50,389

7,927

9,278

15,105

13,174

37,732

776

241,465

Dividends:
On preferred stock

1

737
7,176
7,913

282
5 6, 244

537
1,046
6 5,885 719,709

227
8 4,800
5,027

432
9 5,199
5,631

237
"7,913

2
13 352

8,175
137,183

21, 203

354

145,358

519,191 1,150,200 400,449
490,984 2,463,083 403,675
83,749 214,841 55,115
160,048 464,096 116,887

342,659
387,743
55,822
108,396

488,633
484,979
77,459
166,048

481,774 1,647,005
411,054 1,585,214
77,843 182,422
162,891 390,754

22,573
23,531
3,800
7,940

9,327,731
13,043,082
1,532,315
3,463,862

Total

On common stock

490
1,407
657
9,953 2 31,984 310,564

10,443

Total

33,391

11,221

4

6,526

757,178 1,771,717 700,137 607,929 438,286
674,676 3,614,558 977,546 1,047,226 478,813
118,226 328,201 131,455 134,106
69,276
298,760 795,112 337,117 306,415 149,398

Loans 14
Investments14
Capital stock 14 value)14
(par
Capital funds «
Percent
Katios to gross earnings:
49.78
Interest and discount on loans
28.85
Interest and dividends on investments._.
5.30
Service charges
16.07
All other current earnings
100.00
Total gross earnings

6,422

20,755

8,150

1,785
336
"7,986 « 19,418
8,322

Percent
38.59
38.27
4.38
18.76

Percent
44.11
43.04
2.80
10.05

Percent
42.63
40.72
3.84
12.81

Percent
54.91
28.67
5.05
11.37

Percent
53.37
25.68
5.11
15.84

Percent
36.30
40.63
5.20
17.87

Percent
52.65
31.28
4.05
12.02

Percent
46.69
29.86
4.26
19.19

Percent
5'5.37
23.86
7.35
13.42

Percent
59.85
21.25
5.69
13.21

Percent
58.27
24.77
4.73
12,23

Percent
53.84
29.17
1.55
15.44

Percent
47.60
32.85
4.71
14.84

100.00

100.00

100.00

100. 00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

31.14
7.72
29. £0

24.75
16.46
23.19

26.48
16.85
26. CO

28.27
10.21
24.37

29.49
10.95
29.37

31.67
11.10
27.94

29.97
12.43
27.36

32.47
12.53
27.90

33.70
7.75
28.35

32.27
5,90
31.25

30.36
16.92
23.92

28.55
18.78
16.36

30.14
12.21
26.97
69.32

Salaries, wages, andfees
Interest on deposits
All other current expenses

30.91
10.07
26.22

Total current expenses

67.20

68.36

64.40

69.93

68.85

69.81

70.71

69.76

72.90

69.80

69.42

71.20

63.69

32.80

31.64

35.60

30.07

31.15

30.19

29.29

30.24

27.10

30.20

30.58

28.80

36.31

30.68

-11.18

-4.74

-22.10

-2.14

-1.86

-3.62

+13.68

-5.48

+1.31

+2.06

-1.17

-3.25

-3.92

-2.76

21.62

26.90

13.50

27.43

29.29

26.57 1 42.97

24.76

28.41

32.26

29.41

25.55

32.39

27.92

Net operating earnings
Net losses and depreciation, less profits
on securities sold16
Net profits
See footnotes at end of table.




_.

TABLE NO. 31.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1940—Continued
[In thousands of dollars]
District District District District District District District District District District District District NonGrand
No. 5
No. 7
No. 8
No. 9 No. 10 No. 11 No. 12 member total
No. 1
No. 2
No. 3
No. 4
No. 6
(653
(587
(582
(500
(336
(536
(318
(372
(482
(308
(262
(208
banks (6 (5,150
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
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 capital stock (par value):
Net operating earnings
Net profits before dividends
Dividends
_
Ratios to capital funds:
Net operating earnings
Net profits before dividends
DividendsRatio of net profits to net operating earnings.

3.78
-.27

3.42
-.24

4.57
-1.26

4.68
+.01

5.08
-.06

4.81
-.23

3.70
+.16

4.21
-.09

2.46
.82

1.66
.74

3.19
1.08

2.60
.60

2.43
.68

2.45
.94

1.93
.86

2.48
.92




5.31
+.02

5.56
-.08

5.23
-.43

5.71
-.27

4.41
-.23

2.30
.72

2.'32
.66

2.31
.93

2.97
.20

3

2.18
.81

-.80

-.69

-1.22

-.46

-.46

-.48

-.19

-.71

-.47

-.17

-.27

-.24

-.19

-.51

15.95
10.51
8.83

15.14
12.87
10.17

19.64
7.45
8.54

14.96
13.65
5.90

18.22
17.13
9.42

16.88
14.86
7.67

15.99
23.45
9.66

17.57
14.38
9.12

15.86
16.62
10.09

18.25
19.50
10.52

17.60
16.92
10.69

23.32
20.68
11.62

22.89
20.42
9.32

17.31
15.76
9.49

6.31
4.16
3.50
65.92

6.25
5.31
4.20
85.02

7.66
2.90
3.33
37.93

6.55
5.97
2.58
91.23

8.45
7.94
4.37
94.03

8.83
7.77
4.01
88.01

7,40
10.86
4.47
146.70

8.28
6.78
4.30
81.88

8.17
8.56
5.19
104.82

8.52
9.10
4.91
106.82

8.41
8.09
5.11
96.17

10.88
9.66
5.43
88.71

10.96
9.77
4.46
89.20

7.66
6.97
4.20
91.01

1
Includes 24 stock dividends aggregating $719,000.
* Includes 65 stock dividends aggregating $727,000.
Includes 38 stock dividends aggregating $151,000.
< Includes 59 stock dividends aggregating $803,000.
« Includes 41 stock dividends aggregating $566,000.
6
Includes 26 stock dividends aggregating $871,000.
7 Includes 122 stock dividends aggregating $2,475,000.
8 Includes 34 stock dividends aggregating $304,000.
• Includes 87 stock dividends aggregating $1,671,000.
w Includes 117 stock dividends aggregating $1,601,000.
3

4.45
+.27
2.52
.53

o

» Includes 89 stock dividends aggregating $1,461,000.
12
Includes 49 stock dividends aggregating $659,000.
" Includes 1 stock dividend of $1,000.
Figures for loans, investments, capital stock, and capital funds are averages of amounts
from reports of condition for 4 calls from Dec. 30, 1939, to Dec. 31, 1940, inclusive.
15
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.
w Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
14

O

i
o

TABLE N O . 32.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81,1940
TOTAL U N I T E D STATES
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, of—
$100,000 $100,001 $250,001 $500,001 $750,001 $1,000,001 $2,000,0001 $5,000,001 $50,000,001 $100,000,001
and
to
to
to
and
to
to
to
to
to
under $250,000 $500,000 $750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000
over
Number of banks
Total deposits 2
Capita] stock, 2par value2-.
Capital funds
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 3
Number of employees other
than officers *
Fees paid to directors and members of executive, discount, and
advisory committees
_.
See footnotes a t end of table.




15
955
2,130
2,885

289
809
686
55,266 307,652 424,654
9,346 34,252 36,262
14,287 57,790 68,479

551
479,224
37,435
73,508

592
1,191
916
1,675,782 2,833,393 7,685,382
368,151
172,160
119,942
798,095
379,812
243,352

Total

5,132
46
37
2, 509, 047 19,814, 261 35,785,616
633,621 1,524,748
111,449
239,900 1,649,621 3,527,729

Operating less
than l1
year

Total

1

5,150
18
80,523 35,866,139
6,087 1,530,835
10,735 3,538,464
O

2,305

9,803

11,779

12,023

37,087

53,361

104,076

26,021

154,349

410,870

502

3,123

4,427

5,376

18,782

30,954

63,355

16, 572

140,644

146

653

832

720

2,044

2,561

5,339

1,264

9,637

1,023
808
205

42
1,778
6,283
5,569

151
2,891

723
494
133

3
354
3,724
2,906
490

304
8,733

164
86
25

2
13
1,013
773
172

13,877
16,435
2,086

3,230

14,937

19,011

20,203

65,390

101, 546

940
160

3,647
974
2,202

4,032
1,498
2,116

3,810
1,851
1,818

10,874
7,380
4,402

1,432

1,827

2,030

6,751

76

193

290

214

270

48

275

862

774

411,644

283,776

317

284,093

23,200

115

23,315

6,556
18,766

7,060
32,667

2
14

7,062
32,681

2,219
5,056
380

11,591
19, 625
8,912

40,619
51,756
13,401

126
36
16

40,745
51,792
13,417

214,205

54, 554

370. 080

863,349

1,400

864,749

14, 275
14,169
4,248

26, 583
38,365
5,085

5,882
9,933
816

33,790
76,640
4,679

103,868
150,972
26,074

234
225

104,102
151,197

10,934

27,380

6,794

46,183

103,530

226

765

1,190

1,512

5,352

26,170
371

103,901

5

5,357

3
O

g

S
S

fej
o

TABLE NO. 32.—Earnings, expenses, and dividends ofnational banks, by size of banks, for the year ended Dec. 31, ldlfi—Continued

SS

TOTAL UNITED STATES—Continued
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, 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
to
to
to
to
to
to
and
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
Expenses—Continued.
Interest on time and savings deposits. _
. .
Interest and discount on borrowed
money
Real estate taxes
Other taxes
.
Other expenses

Total

Operating less
than 1
yearJ

Total

1

290

2,155

3,010

3,611

11,668

18,162

28,898

3,931

33,666

105,392

178

105,570

4
3
100

6
85
167
613

10
314
752
2,614

7
446
901
3,206

3
430
963
3,328

13
1,570
3,152
10,741

10
2,686
4,709
17,473

24
6,060
10, 231
42,970

1,274
3,412
12,656

1
8,934
19,948
72,975

74
21,803
44,238
166,676

2
12
51
362

76
21,815
44,289
167,038

__.

147

2,297

10,680

13,370

14, 271

46,260

72,674

154,643

37,314

246,719

598,375

1,069

599,444

_. _.

46

933

4,257

5,641

5,932

19,130

28,872

59,562

17,240

123, 361

264,974

331

265,305

4

180

630

735

727

2,289

3,727

9,163

2,244

17,011

36,710

41

36,751

4
10
4

27
76
58

237
615
229

437
959
256

642
1,245
236

1,856
4,847
886

3,864
9,261
2,100

9,833
22,279
3,117

1,866
6,937
1,455

22,209
58,792
6,985

40,975
105,021
15,326

18
30
29

40, 993
105,051
15,355

Total

22

341

1,711

2,387

2,850

9,878

18,952

44,392

12, 502

104,997

198,032

118

198,150

Total net earnings, recoveries,
etc

68

1,274

5,968

8.028

8,782

29,008

47,824

103,954

29,742

228,358

463,006

449

463,455

34

403

1,017

1,205

1,328

3,905

6,588

14,313

3,188

26,231

58,212

37

58,249

106

1,019

1,608

2,312

7,539

13,018

24,340

5,772

52,143

107,857

103

107,960

4
16

131
95

498
365

646
451

656
470

2,173
1,864

3,931
3,575

8,154
6,728

2,049
1,645

10,061
12,203

28,303
27,412

43
23

28,346
27,435

54

735

2,899

3,910

4,766

15,481

27,112

53,535

12,654

100,638

221,784

206

221,990

127,720

241, 222

243

241,465

Total current expenses
Net current earnings

Recoveries, profits on securities sold,
etc.:
Recoveries on loans
Recoveries on bonds, stocks, and
other securities
Profits on securities sold
Allother

Losses and depreciation:
On loans
. .
On bonds, stocks, and other securities
On banking house, furniture and
fixtures
Other losses and depreciation
Total
Net profits before dividends




14

539

3,069

4,118

4,016

13,527

20, 712

50,419

17,088

Dividends:
On preferred stock
On common stock

8

Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments .
_
Service charges
All other current earnings

6 2,058

8

Total

17
M46
463

Percent
34.20

1,121
11,863

2,901
" 25,400

« 8,858

2,430
75,796

8,173
136,991

13 192

8,175
137,183

8,319

12,984

28,301

9,430

78,226

145,164

194

145,358

Percent
59.51

Percent
56.72

Percent
52.55

Percent
48.59

Percent
47.69

Percent
41.71

Percent
47.59

Percent
55.29

Percent
47.60

23.29
5.33
9.42

26.61
5.06
8.82

28.72
5.70
8.86

30.48
6.19
10.78

29.57
6.48
15.36

30.38
4.07
17.86

38.00
3.13
17.16

32.87
4.70
14.84

22.64
9 00
13.07

32.85
4 71
14.84

174
2,527

8 2,326

9 7,709

2,204

2,701

2,528

Percent
71.36

Percent
65.63

Percent
61.96

21.24
1.04
43.52

15.54
5.08
8.02

20.91
4.84
8.62

146

7

202

610

10

572

2

100.00

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

20.21
.52
55.44

35.17
8.98
26.96

32.37
14.43
24.70

30.51
15.83
23.99

29.38
17.88
23.38

29.23
17.84
23.67

29.18
17.89
24.50

31.03
13.49
27.67

29.40
7.21
31.79

30.05
9.10
27.52

30.14
12.21
26.96

33.14
12.72
30.50

30.14
12.21
26.97

Total current expenses

76.17

71.11

71.50

70.33

70.64

70.74

71.57

72.19

68.40

66.67

69.31

76.36

69.32

23.83

28.89

28.50

29.67

29.36

29.26

28.43

27.81

31.60

33.33

30.69

23.64

30.68

-16.58

-12.20

-7.95

-8.01

-9.48

-8.57

-8.03

-4.27

-.28

+1.18

-2.75

-6.28

-2.76

7.25

16.69

20.55

21.66

19.88

20.69

20.40

23.54

31.32

34.51

27.94

17.36

27.92

Total gross earnings

Net current earnings
Net losses and depreciation, 4
less
profits on securities sold *
Net profits _

__

1 This column includes all figures (except number of banks) of banks which were
active on June 30, 1940, but were inactive on Dec. 31, 1940.
2 The deposits, capital stock, and capital funds shown in this table are as of end of period.
The latter represents the aggregate book value of capital stock, surplus, undivided profits,
reserves, and retirement funds for preferred stock.
3
Number at end of period.
* Number of full-time and part-time employees at end of period.
« Includes 26 stock dividends aggregating $49,000.
• Includes 165 stock dividends aggregating $516,000.




7 Includes 130 stock dividends aggregating $502,000.
s Includes 79 stock dividends aggregating $357,000.
9 Includes 149 stock dividends aggregating $1,324,000.
1 Includes 108 stock dividends aggregating $2,044,000.
0
11 Includes 87 stock dividends aggregating $5,953,000.
1 Includes 3 stock dividends aggregating $1,200,000.
2
13 Includes 5 stock dividends aggregating $64,000.
li
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

a
o

w
d

C7I

CD

TABLE NO. 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts
DISTRICT NO. 1
(In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, of—
$100,001
to
$250,0001
Number of banks
Total deposits
Capital stock, par value. __
Capital funds.
_
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 3
Number of employees other than
officers *
Fees paid to directors and members
of executive, discount, and advisory committees
Interest on time and savings depositsInterest 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

»d
"
C

53
588, 901
35, 604
78, 765

1, 411. 466
49, 313
153, 609

308
2, 398, 835
117, 774
299, 821

308
2, 398, 835
117,774
299,821

438

735

1,968

4,790

8,717

11, 518

28, 613

28,613

171
11

226
11

349

1 217

2 433

5 387

6 765

16 582

16,582

O
O
g

24

49

121

177

312

707

707

H

1
2
39
20
8

1
2
65
44
7

14
104
59
15

33
280
191
40

12
237
585
366
95

45
1,173
1,057
1,181
188

641
1,337
903
1,650
1,166

700
2,799
3,044
3,515
1,519

700
2,799
3,044
3,515
1,519

F
f
H
W

608

794

1,300

3,778

8,639

17,925

24. 292

91

356

143

Total

78
241,316
16, 798
34, 456

27
16, 743
2,166
4,349

1
11
4

Total

Operating less
than 1
year

67
96, 475
8,152
17,148

31
12, 555
2.310
4,351

2

$1, 000, 001 $2,000,001 $5,000, 001 $100,000, 001
to
and
to
to
over 2
$2, 000,000 $5, 000, 000 $50,000,000

33
29,117
2,766
5,978

13
2,262
665
1,165

34

$750,001
to
$1,000,000

57,479

57,479
1

8
H
|I

n

fl

M

1,159
1,370
818

2,375
3,178
891

2,439
4,732
315

7.095
10,177
1,542

1,000

2,117

8,113

7,040

7,040

g

622
50

122
1,607

202
2,607

73
626

497
5,785

497
5,785

3
^

1
26
63
264

98
193
714

212
389
1,581

583
699
3,477

754
784
4,818

1
1,706
2,217
11,148

1
1,706
2,217
11,148

951

2,776

6,440

13,121

14,226

38, 626

38, 626

38
16
86

133
72
82

155
100
77

230
176
103

S3

75

96

161

3
2

10
55

14
98

23
168

1
7
33

11
43
124

21
39
137

100

448

564

566
533

no
455

7,095
10,177
UH2

~
3
g

Net current earnings
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
Allother

160

230

12

33

25

2
7
1

13
35
6

56
62
5

1,002

2,199

4,804

10,066

18,853

18,853

59

98

441

1,424

890

2,982

2,982

47
97
14

136
364
19

450
705
129

959
2,092
296

781
2,192
351

2,444
5,554
821

2,444
5,554
821

87

148

217

617

1,725

4,771

4,214

11, 801

11, 801

65

247

378

566

1,619

3,924

9,575

14, 280

30, 654

30, 654

29

70

59

272

192

745

1,707

1,948

5,022

5,022

14

54

125

199

506

1,420

2,464

3,046

7,828

7,828

13
5

25
18

47
20

50
30

136
80

428
470

1,066

780

609

1,599

2,548
2,831

2,545
2,831

61

167

251

551

914

3, 063

5,846

7.373

18, 226

18, 226

4

Total
Net profits before dividends
Dividends:
On preferred stock
On common stock

80

127

15

705

861

3,729

6,907

12, 428

12,428

12
6 80

6
88

13
7127

49
8 369

182
6
798

228
io 2,476

5,987

490
9,953

490
9,953

« 28

Total gross earnings
Salaries, wages, and fees
Interest on deposits
All other current expenses

28

92

94

140

418

980

2,704

5,987

10, 443

Percent
58.55

Percent
55.16

Percent
56.54

Percent
52.09

Percent
55.45

Percent
48.63

Percent
47.41

Percent
49.78

23.78
7.69
4.89

28.13
6.41
6.91

28.46
8.19
8.19

26.85
8.00
8.61

32.21
7.41
8.29

28.16
6.77
9.62

30.05
5.90
15.42

27.85
3.72
21.02

28.85
5.30
16.07

28.85
5.30
16.07

100.00

100.00

100. 00

100.00

100.00

100. 00

100.00

100.00

100.00

39.86
1.40
28.67

-

Percent
63.64

100.00

Total

Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings

35.36
9.05
29.27

33.88
12.34
24.81

33.00
12.92
27.23

30.41
16.47
26.60

30.69
18.60
25.26

32.11
14.54
26.55

29.82
2.58
26.16

30.91
10.07
26.22

30.91
10.07
26.22

10,443
Percent

Percent
49.78

69.93

Total gross expenses
Net current earnings
Net losses and depreciation, less
profits on securities sold n
__

73.68

71.03

73.15

73.48

74. 55

73.20

58.56

67.20

67.20

30.07

26.32

28.97

26.85

26.52

25.45

26.80

41.44

32.80

32.80

-27.27

-13.16

-12. 97

- 2 5 . 69

-7.86

- 1 5 . 49

-6.00

-13.01

-11.18

-11.18

2.80

13.16

16.00

1.16

18.66

9.96

20.80

28.43

21.62

21.62

i Includes 1 bank with deposits of $37,000.
a Includes 2 banks with deposits of $68,427,000 and $93,645,000, respectively.
»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 4 stock dividends aggregating $7,000.




349

22

Total
Total net earnings, recoveries, e t c .
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and
fixtures
Other losses and depreciation

Net profits

43

7 Includes 2 stock dividends aggregating $12,000.
s Includes 2 stock dividends aggregating $27,000.
9
Includes 7 stock dividends aggregating $122,000.
*° Includes 8 stock dividends aggregating $548,000.
» Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.

TABLE NO. 33.—Earnings, expenses, and dividends of national banks, by site of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 2
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, o—
f

Number of banks
Total deposits
Capital stock, par value
_
.
Capital funds
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..
2
Number
Number

of officers
of employees other than officers 3 .

Fees paid to directors and members of executive, discount, and advisory committeesInterest on time and savings deposits
Interest and discount on borrowed money .
Real estate taxes
Other taxes
Other expenses
Total current expenses
Net current earnings




-

Operating less

$750,001 $1,000,001 $2,000,001 $5,000,001 $50000,001 $100,000,001
and
to
to
to
to
to
over
$1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000

$100,001
to
$250,000

$250,001
to
$500,000

$500,001
to
$750,000

16
3,322
533
881

60
23, 247
3,130
5,106

58
36, 267
4,032
7,319

72
62, 832
6,036
10,951

155
224, 802
18, 968
34, 784

102

665

905

1,429

46
4

322
20

462
30

844
58

9
5

1
60
29
12

1
105
39
19

166

1,109

44
9
33
18

3
205, 861
6,725
17, 692

Total

5
587
7,203,996 9,098,898
325,920
201, 770
566, 305
805,106

137
439, 377
32,127
58,601

81
899,194
52, 599
103,467

4,447

7,507

12,974

1,422

31,141

60,592

2,851
168

5,064
276

8,202
299

1,646
48

40, 654
2,142

60,091
3,045

9
169
85
21

47
535
341
75

4
252
1,233
874
134

78
1,114
2,281
1,794
178

8
375
145
99
9

4,390
5,260
2,343
4,949
6,219

1,561

2,615

8,464

15, 344

26,920

3,752

246
84
145
101

309
151
172
164

458
275
221
273

1,380
1,030
553
890

2,100
2,237
609
1,699

3,280
4,966
602
3,532

2
31
1
3
4
38

18
194
1
28
28
218

21
289

38
464

35
53
288

59
96
476

121
1,610
2
248
276
1,583

214
2,936
2
538
447
3,004

231
4,439
3
922
911
5,590

132

817

1,146

1,866

6,250

11,478

34

292

415

749

2,214

3,866

thanl
year'

363
60
51

Total

587
9,099, 261
325, 980
805,157

3

60,595

3

60,094
3,045

4,480
7,059
6,880
8,215
6,667

1

4,480
7,059
6,881
8,215
6,667

97,098

157,029

7

157,036

401
774
50
501

9,247
21,005
807
11,757

17,465
30, 531
3,192
18,936

2
1

17,467
30, 532
3,192
18,935

28
277
78
164
874

227
1,875
1
2,989
4,077
23, 289

900
12,115
10
4,900
6,056
35,360

1

900
12,116
10
4,900
6,056
35, 361

20,342

2,596

62, 710

107, 337

5

107,342

6,578

1,156

34, 388

49,692

2

49,694

1

to

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
__
Allother

8,369

260
954
30

4,694
18, 290
2,153

7,673
26, 847
3,430

6,922

1,429

31,006

46, 319

1

46,320

65, 394

96,011

3

96,014

1

12,640
32, 617
4,775
3,734

55

45

124

5
9
1

37
88
10

61
131
13

132
240
16

412
1,017
76

783
2,040
709

1,289
4,078
422

1,824

4,167

319

635

8,369

5,869

4

1,133

185

1

7,674
26,847
3,430

Total

19

190

250

512

Total net earnings, recoveries, etc.

53

482

665

1,261

4,038

8,033

13, 500

2,585

13
20
6
4

100
128
37
25

99
195
48
26

169
465
88
63

613
1,467
323
342

1,659
2.564
571
863

2,094
3,441
833
1,283

244
858
155
144

7,649
23, 478
2,714
984

12, 640
32, 616
4,775
3,734

43

290

368

785

2,745

5,657

7,651

1,401

34, 825

53, 765

1

53, 766

10

192

297

476

1,293

2,376

5,849

1,184

30, 569

42, 246

2

42, 248

4
9

23
«90

6 121

450

27, 720

1,407
31,984

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures. __
0 ther losses and depreciation
Total
Net profits before dividends.
Dividends:
On preferred stock
On common stock...

... ...

Total

_

_.

Total current expenses
Net current earnings
Net losses and depreciation, less profits on
securities sold 11

207

§568

411

»987

648

io 1,834

1,407
31,984
33, 391

113

164

276

775

1,398

2,482

450

27, 720

33,391

Percent
61.45
27.71
5.42
5.42

Percent
59.96
29.04
5.41
5.59

Percent
57.98
29.59
6.73
5.70

Percent
54.65
32.29
6.46
6.62

Percent
52.54
33.68
6.32
7.46

Percent
48.92
33.00
8.04
10.04

Percent
48.19
30.47
8.47
12.87

Percent
37.90
43.87
3.86
14.37

Percent
32.07
41.87
2.41
23.65

Percent
38.59
38.27
4.38
18.76

Percent
42.86
42.86
14.28

Percent
38.59
38.27
4.38
18.76

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

33.13
18.68
27.71

31.38
17.49
24.80

30.81
18.51
24.09

29.49
17.74
24.13

29.90
19.02
24.92

29.66
19.13
26.01

31.49
16.49
27.58

32.06
7.38
29.75

31.39
1.93
31.26

31.14
7.71
29.50

42.86
14.28
14.29

31.14
7.72
29.50
68.36

79.52

73.67

73.41

71.36

73.84

74.80

75.56

69.19

64. 58

68.35

71.43

20.48

26.33

26.59

J28.64

26.16

25.20

24.44

30.81

35.42

31.65

28.57

-14.46

-9.02

-7.56

-10.44

-10.88

-9.71

-2.71

+.75

-3.94

-4.74

6.02

17.31

19.03

18.20

15.28

15.49

21.73

31.56

31.48

26.91

1 Figures of first 6 months for 1 bank which was inactive Dec. 31,1940.
2 Number at end of period.
3
Number of full-time and part-time employees at end of period.
* Includes 2 stock dividends aggregating $4,000.
s Includes 10 stock dividends aggregating $39,000.
6
Includes 3 stock dividends aggregating $12,000.




71

7 205

100.00

-

Total gross earnings

Net profits

43

13

Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings
Salaries, wages, and fees
Interest on deposits
All other current expenses

4

31.64
-4.74

28.57

26.90

7
8

Includes 7 stock dividends aggregating $46,000.
Includes 11 stock dividends aggregating $77,000.
8 Includes 21 stock dividends aggregating $284,000.
1 Includes 11 stock dividends aggregating $265,000.
0
11 Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

O0

TABLE N O . 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 3
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, of—
$100,001
to
$250,000
Number of banks
Total deposits
Capital stock, par value
Capital funds
_

_

_.__

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 2
_ _
Number of employees other than officers3.
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 current earnings




$250,001 $500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001 $100,000,001
to
to
and
to
to
to
to
over
$500,000 $750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000

Total

3
582
874,910 2,396,519
21, 661 131,042
71,860 335, 917

805
100
140

582
2,397,324
131,142
336,057

4,811

31,962

22

31,984

9,927
91

31,208
660

2
1

31,210
661

55
183
139
406
2

249
149
220
395
165

313
1,586
2,026
4,248
482

1

313
1,586
2,027
4,248
482

19,076

5,436

16,007

72,485

26

72,511

1,763
1,834
555
1,354

1,795
2,804
337
1,984

546
965
60
610

1,023
2,691
83
1,604

7,333
9,664
2,147
6,728

1
3

7,334
9,667
2,147
6,728

181
3,339
1
771
851
3,066

46
475

62
615

127
270
1,003

153
1,064
2,709

945
11,928
10
1,762
3,664
11,379

1
4

233
412
1,377

293
3,682
6
367
818
2,262

1
3

946
11,932
10
1,762
3,665
11,382

1,743

6,588

11,025

12,808

3,432

8,317

46,685

13

46,698

686

2,880

5,224

6,268

2,004

7,690

25,800

13

25,813

51
564,499
36,533
89,053

3
199,049
10,390
29,087

7,938

7,943

2,584

6,198
130

7,538
186

1,997
70

428
582
877
96

9
730
658
1,890
122

9.468

16,249

361
183
179
198

1,175
953
610
827

62
639

204
2,234

45
98
355

1,441
613

88
33,548
4,325
7,361

71
43,964
4,550
8,763

64
55,723
5,077
10.421

128

962

1,210

1,390

4,996

50
2

493
21

664
24

851
31

3,490
105

4
g
2

30
49
16

59
87
10

7
53
89
8

89
281
446
61

195

1,571

2,054

2,429

45
8
85
16

291
92
203
131

334
134
185
160

4
43
2
9
38

38
402
2
24
65
268

55
499
1
40
77
301

149

1,182

46

389

17
3,595
663
1,029

Total

Operating
less than
1 year 1

156
224,703
20, 538
42,484

129
396, 528
27,305
75,859

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:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures...
Other losses and depreciation
Total
Net profits before dividends
_
Dividends:
On preferred stock _.
On common stock
_:.
Total
„:

2

15

17

13

89

175

349

93

412

44

63

136

314

604

984

54

31

2,235
10,545
851

1,165

1,165

5

11
1

143
28

164
12

251
15

885
103

1,891
284

3,082
252

1,122
15

2,996
141

1

2,236
10, 545
851

19

230

256

415

1,391

2,954

4,667

1,284

3,580

14,796

1

14,797

65

619

869

1,101

4,271

8,178

10, 935

3,288

11, 270

40,596

14

40,610

858

1,155
3,522
603
890

4,180
3,396
749
2,133

985

925
102
240

2,440
2,077
270
183

10,000
14,161
2,311
4,341

6

10,000
14,167
2,311
4,341

5

145

117

115

409
59
80

516
113
93

732
81
98

2,551
326
619

51

665

867

1,026

4,354

6,170

10,458

2,252

4,970

30,813

6

30,819

14

<46

2

75

«83

2,008

477

1,036

6,300

9,783

8

9,791

33
8
5

26
103

34
7 143

21
175

105
8 799

97
9 1,841

371
1,998

1,044

4,454

657
10> 563

1

657
10,564

129

177

196

904

1,938

2,369

1,044

4,454

11,220

1

11,221

Ratios to gross earnings:
Percent
Percent
Interest and discount on loans
61.23
65 64
Interest and dividends on investments
25.64
31.38
Service charges
2.05
1.91
6.67
5.48
All other current earnings
Total gross earnings
100.00
100.00
Salaries, wages, and fees __
29.23
26.80
22.05
25. 59
Interest on deposits
22.85
25.13
All other current expenses
Total current expenses
75.24
76.41
Net current earnings
23.59
24.76
Net losses and depreciation, less profits on
securities sold'°
^___ -16.41 -27.69
Net profits
7.18
<2.93

Percent
58 91
32.33
2.87
5.89

Percent
57.23
35.03
2.18
5.56

Percent
52.77
36.86
2.97
7.40

Percent
48.85
38.15
3.58
9.42

Percent
41.64
39.51
3.45
15.40

Percent
30.06

Percent
44.09
43.05
2.80
10.06

Percent
84.62
7.69
3.85
3.84

Percent
44.11

62.02
1.37
6.55

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

25.46
24.29
20.40

24.95
26.31
20.50

24.63
23.59
21.36

23.94
22. 66
21.25

25.06
17. 50
24.58

28.64
8.74
25.75

23.59
3.84
24.53

24.75
16.46
23.20

19.23
15.38
15.3Q

24.75
16.46
23.19

70.15

71.76

69.58

67.85

67.14

63.13

51.96

64.41

50.00

64.40

29.85

28.24

30.42

32.15

32.86

36.87

48.04

35.59

50.00

35.60

-29.75

-25.15

- 3 1 . 30

-19.79

-30.36

-17.81

-8.68

-22.10

- 1 9 . 23

-22.10

.10

3.09

4.88

12.36

2.50

19.06

39.36

13.49

30.77

13.50

8

3
6
9

6

i Figures of first 6 months for 1 bank which was inactive Dec. 31,1940.
* Number at end of period.
* Number of full-time and part-time employees at end of period.
< Deficit.
«Includes 1 stock dividend of $1,000.
* Includes 15 stock dividends aggregating $45,000.



Percent
47.53

36.74
2.56
13.17

43.04
2.80
10.05

? Includes 9 stock dividends aggregating $29,000.
8 Includes 9 stock dividends aggregating $65,000.
• Includes 4 stock dividends aggregating $11,000.
io Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.
O\

TABLE NO. 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 4
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, of—
$100,001 $250,001
to
to
$250,0001 $500,000

Total

55
615,677
35, 642
79, 455

3
243, 285
13,000
27,393

3,914

5,786

8,486

2,398

4,641

28,430

16

28,446

2,455
121

3,961
143

7,196
172

1,346
99

10,668
162

27,166
794

10

27,176
794

3
89
104
14

2
30
287
304
45

8
197
502
655
101

15
841
915
1,729
64

8
253
288
964
70

108
932
1,011
150

141
2,258
2,559
4,881
470

1
1
1

141
2,258
2,560
4,882
471

1,740

2,329

7,158

11,353

19,418

5,426

18,064

66,699

29

66, 728

229
60
154
97

303
122
186
169

1,080
749
458
705

1,417
1,454
444
1,124

1,993
3,187
370
2,154

422
814
56
615

1,478
3,325
140
1,888

7,348
9,894
2,029
6,919

5
2

7,353
9,896
2,029
6,919

2
22

15
216

19
387

387
181
194
212
25
540

103
2,630

117
3,239

12
478

42
2,063

2
8
20

17
66
173

30
107
267

35
149
326

89
1,657
1
130
409
1,060

224
648
1,730

459
1,266
3,256

101
648
1,472

422
1,256
3,459

424
11, 232
1
1,420
4,557
11, 763

95

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 3 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
.

Total

Operating less
t h a n3
l
year

101
311,112
19,105
42, 479

776

1,235

1,643

5,175

8,206

13,517

3,947

12,045

46,639

22

46, 661

42

298

505

686

1,983

3,147

5,901

1,479

6,019

20,060

7

20,067

13
2;, 669
430
730

Number of banks
Total deposits
Capital stock par value
Capital funds

Net current earnings

$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

.




59
22,822
2,665
4,936

67
41, 463
3,448
6,771

63
55,436
4,327
9,143

134
186, 512
14,000
29,130

87

651

1,063

1,404

39
3

321
19

507
33

673
42

4
3
1

29
41
13

2
53
70
12

137

1,074

39
2
27
10

5
500
1,025,558 2, 504,534 .
40,940
133, 557
111,075
311,112

1,434
135
270

9
1
5

500
2, 505, 968
133, 692
311,382

424
11,241
1
1,420
4,558
11, 768

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
Allother

1

23

22

62

262

331

831

537

421

2,490

6
6

24
67
11

43
154
18

81
163
29

238
652
97

299
957
137

667
1,291
210

158
425
42

2,872
2,611
277

4,388
6,326
821

2

2,490
4,388
6,328
821

Total

13

125

237

335

1,249

1,724

2,999

1,162

6,181

14,025

2

14,027

Total net earnings, recoveries, etc

55

423

742

1,021

3,232

4,871

8,900

2,641

12, 200

34,085

9

34,094

6
5
4
1

48
100
33
17

58
227
66
29

83
223
71
51

339
891
262
156

472
1,191
396
353

765
2,415
967
558

101
123
293
158

579
4,010
410
322

2,451
9,185
2,502
1,645

1
1
1
1

2,452
9,186
2,503
1,646

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures...
Other losses and depreciation

16

198

380

428

1,648

2,412

4,705

675

5,321

15, 783

4

15, 787

39

225

362

593

1,584

2,459

4,195

1,966

6,879

18, 302

5

18, 307

10
6 115

7
U44

23
8.245

36
8 731

91
101.176

1,030

336
1,890

736
7,176

737
7,176

18

125

151

268

767

1,267

233
n 1,827
2,060

1

5 18

1,030

2,226

7,912

1

7,913

Percent
63.50
28.47
2.92
_.
5.11

Percent
60.61
29.89
2.70
6.80

Percent
61.09
29.14
3.05
6.72

Percent
60.28
28.90
3.82
7.00

Percent
54.68
34.30
4.01
7.01

Percent
50.96
34.89
4.42
9.73

Percent
43.70
37.06
4.71
14.53

Percent
44.19
24.81
5.31
25. 69

Percent
25.69
59.06
2.17
13.08

Percent
42.62
40.73
3.84
12.81

Percent
55.17
34.48
3.45
6.90

Percent
42.63
40.72
3 84
12.81

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

31.39
16.06
21.90

28.31
20.11
23.84

25. 52
22.24
23.22

25.46
23.19
21.90

26.80
23.15
22.35

26.20
23.17
22.91

27.28
16.68
25.65

23.00
8.81
40.93

26.82
11.42
28.44

26.49
16.84
26.60

24.14
31.03
20.69

26.48
16.85
26.60

Total
Net profits before dividends
Dividends:
On preferred stock
On common stock ___

.._ .

-

Total
Ratios to gross earnings:
Interest and discount on loans . .
Interest and dividends on investments
Service charges
..
All other current earnings .
Total gross earnings
Salaries, wages, and fees _
Interest on deposits
All other current expenses

-

69.35

Total gross expenses
Net current earnings
Net losses and depreciation, less profits on
securities sold 12
Net Drofits
1
2
3
4
5

...

72.26

70.98

70.55

72.30

72.28

69.61

72.74

66.68

69.93

75.86

69.93

30.65

27.74

29.02

29.45

27.70

27.72

30.39

27.26

33.32

30.07

24.14

30.07

-2.19

-6.80

-8.22

-3.99

-5.57

-6.06

-8.79

+8.98

+4.76

-2.63

-6.90

-2.64

28.46

20.94

20.80

25.46

22.13

21.66

21.60

36.24

38.08

27.44

17.24

27.43

Includes 1 bank with deposits of $79,000.
Figures of first 6 months for banksjwhich were inactive Dec. 31, 1940.
Number at end of period.
Number of full-time and part-time employees at end of period.
Includes 5 stock dividends aggregating $7,000.
e Includes 13 stock dividends aggregating $27,000.
7
Includes 8 stock dividends aggregating $27,000.




8
9

Includes 10 stock dividends aggregating $36,000.
Includes 10 stock dividends aggregating $135,000.
i° Includes 10 stock dividends aggregating $323,000.
u Includes 3 stock dividends aggregating $248,000.
12
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

TABLE N O . 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 5
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, of—
$750,001 $1,000,001 $2,000,001 $5,000,001 $100,000,001
to
and
to
to
to
$1,000,000 $2,000,000 $5,000,000 $50,000,000
over i

Operating
less than
1 year 2

Total

$100,001
to
$250,000

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 officers1.- ._ . .
Number of employees other than officers i
Fees paid to directors and members of executive, discount, and advisorv committees
Interest on time and savines deposits
Interest and discount on borrowed money
Real estate taxes
Other taxes
Other expenses
Total current expenses...
Net current earnings

_ -




$500,001
to
$750,000

6
1,263
256
387

Number of banks
Total deposits
Capital stock, par value
Capital funds

$250,001
to
$500,000
46
17, 278
1,855
2,894

39
24, 668
2,028
3,891

37
32,150
2.458
4,773

87
120,977
8,454
17,472

69
218,307
13,068
29,809

44
561, 436
27. 201
58, 951

4
507,171
12,350
31,305

332
1, 483. 250
67, 670
149, 482

4
32,689
1,450
2,351

336
1, 515, 939
69,120
151,833

49

550

712

877

3,201

5,219

9,405

19,931

21,944

304

22, 248

13

149
12

263
21

317
29

1,071
74

1,639
169

3,361
409

4,735
93

11, 548
807

69
52

11,617
859

2
3

32
26
2

4
38
28
7

2
56
58
20

35
195
209
14

2
180
392
367
87

5
707
1,091
971
167

14
434
205
356
22

21
1.362
2,011
2,018
319

12
36
12
1

21
1,374
2,047
2,030
320

67

771

1,073

1,359

4,799

8,055

16,116

7,790

40,030

486

40, 516

15
2

176
86
104
109

216
133
113
Ufl

681
493

n

149
43
109
77

450

1,089
1,053
833
810

1,975
2,777
403
1,965

791
1,263
94
831

5,092
5,850
1,451
4,888

81
85
84
185

5,173
5,935
1,485
4,528

8
14

11
190

14
268

18
298

67
1,185

87
1,607

40
638

1
2
11

10
43
131

12
61
156

24
59
210

85
245
684

151
420
1,283

109
2,308
1
288
984
2,908

103
517
1,334

346
6,508
1
674
2,331
6,717

1
60
1
1
14
134

347
6,568
2
675
2,345
6,851

45

577

773

958

3,440

5,690

11,350

4,686

27, 519

377

27,896

22

194

300

401

1,359

2,365

4,766

3,104

12, 511

109

12, 620

!

Total

O
00

Kecoveries,* 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
._

2

18

2
2

3
26
2

48

35
15

180

429

830

84

1,624

46

33
29

83

143

387

4,157
3,249
362

71
17

219
51

603
122

1,225
137

3,466
1,068
16

2

1,626

2
2

4,157
3,251
364

6

49

112

182

533

1,297

2,579

4,634

9,392

6

9,398

28

243

412

583

1,892

3,662

7734iT

7,738

21, 903

115

22,018

5

26
18
21
10

42
34
14

52

103

205

887

964
459
347

105
4,518
13735

1,865
6,322
1,122
776

7

40
15
4

1 872
6,362
1,137
780

2
2
5

99
45
39

237
175
109

482

442
249
217

14

75

142

286

726

1,390

2,657

4,795

10,085

66

10,151

Net profits before dividends

14

168

270

297

1,166

2,272

4, 688.

2,943

11, 818

49

11,867

Dividends:
On preferred stock _ .
On common stock

2
«6

5

4

?125

124

6 90

8 157

9 581

8

95

129

170

Percent
73.13
19.40
2.99
4.48

Percent
71.33
19.33
4.15
5.19

Percent
66.36
24.51
3.54
5.59

Total.

Total
Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings

10 914

"2,417

62
1,920

6,210

34

6,244

611

956

2,541

1,982

6,492

34

6,526

Percent
64.53
23.33
4.12
8.02

Percent
66.70
22.32
4.06
6.92

Percent
64.79
20.35
4.87
9.99

Percent
58.36
20.85
6.77
14.02

Percent
24.79
60.78
2.63
11.80

Percent
54.81
28.85
5.03
11.31

Percent
62.55
14.20
7.41
15.84

Percent
54.91
28.67
5/05
11.37

13

30

42

282

282

100.on

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
Allother current expenses

25.37
20.90
20.89

26.33
24.64
23.87

25.72
24.98
21.34

27.00
21.93
21.56

25.86
24.69
21.13

27.67
19.95
23.02

30.16
14.32
25.95

26.88
8.19
25.08

28.20
16.26
24.29

34.36
12.35
30.86

28.27
16.21
24.37

Total current expenses

67.16

74.84

72.04

70.49

71.68

70.64

70.43

60.15

68.75

77.57

68.85

32.84

25.16

27.96

29.51

28.32

29.36

29.57

39.85

31.25

22.43

31.15

-11.94

- 3 37

-2.80

-7.65

-4.02

-1.15

-.48

-2.07

-1.73

-12.35

-1.86

20.90

21.79

25.16

21.86

24.30

28.21

29.09

37.78

29.52

10.08

29.29

Total gross earnings

Net current earnings.__
_ _.
Net losses and depreciation, less profits on
securities sold 1
2
Net profits

1 Includes 2 banks with deposits of $53,212,000 and $84,554,000, respectively.
2
Includes also figures of first 6 months for 1 bank which was inactive Dec. 31, 1940.
3
N u m b e r at end of period.
4
Number of full-time and part-time employees at end of period.
5
Includes 1 stock dividend of $1,000.
8
Includes 10 stock dividends aggregating $44,000.
7
Includes 3 stock dividends aggregating $12,000.




8
Includes 8 stock dividends aggregating $53,000.
8
Includes 8 stock dividends aggregating $96,000.
10
Includes 6 stock dividends aggregating $49,000.
11

Includes 5 stock dividends aggregating $311,000.
" Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.

CO

TABLE NO. 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 6
[In thousands cf dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, o—
f
$100,001
to
$250,000 i

Number of banks
- Total deposits
Capital stock, par value
.
Capital funds
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
Other taxes
- _
Other expenses
Total current expenses..
Net current "earnings

-




9

$250,001
to
$500,000
35

Operat-

$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
28

27

Total

ing less
than 1
year 2

Total

578,858
23,022
51, 283

6
392, 730
25,450
36, 656

408, 244
13, 200
31,895

1, 690, 634
83,188
162, 582

1,189
75
188

1, 691,823
83,263
162, 770

3,409

7,726

4,386

5,218

24, 969

20

24,989

1,513
293

4,593
664

2,214
319

2,446
538

12,020
2,123

7
1

12,027
2,124

30
186
148
15

4
46
364
319
61

85
640
894
1,376
112

31
322
377
505
38

19
345
455
1,066
35

139
1,383
2,392
3,505
268

I

139
1,383
2.393
3,505
268

3, 638

6,009

16,090

8,192

10,122

46, 799

29

46.828

1,631
136
1,201

1,812
143
1,457

927

5,765
7, 735
1,436
6,136

10
3

5,775
7,738
1,436
6,136

1
1
5

297
5,126
9
1,416
2,594
9,735

65

53

1,655
280
448

13, 539
1,542
2,637

17,416
1,517
2,951

23,750
1,824
3,394

90,448
6,513
13,059

163,994
9,840
20, 259

73

467

586

838

2,266

18
3

101
30

143
55

173
47

819
174

2
1

26
20

40
33
2

48
37
5

97

644

859

1,148

27

36

3

262

262

164

45
112
76

171

211

4
21
9

70
86
87

93
95
107

411
251
406

873
254
687

928

1,858
2,796
338
2,106

1
12
1
2
7
19

8
99

16
198
35
50
183

38
575
2
117
170
596

49
867
1
221
235
1,104

109
1,660
4
456
753
3,472

30
749

34
842

22
33
107

12
117
1
26
45
143

162
458
2,128

374
842
1,978

297
5,119
9
1,415
2,593
9,730

73

478

585

786

2,559

4,278

11,108

5,987

6,809

32,663

27

32,690

24

166

274

362

1,079

1,731

4,982

2,205

3,313

14,136

2

14,138

650

829

7

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities soldAll other
Total.

13

19

72

181

228

135

214

878

2

880

5
19
6

12
32
9

3
30
24

53
223
43

304
551
98

669
1,846
119

301
1,449
77

59
449
79

1,408
4,611
456

2
1

1,408
4,613
457

45

66

76

391

1,134

2,862

1,962

801

7,353

5

7,358

40

211

340

438

1,470

2,865

7,844

4,167

4,114

21,489

7

21,496

25

30
10
13
19

46
16
17
16

75
9
37
35

195
140
64
93

341
702
211
209

442
1,722
767
207

578
741
185
528

324
447
641
159

2,056
3,787
1,940
1,267

1
2

2,056
3,788
1,942
1,267

5
1
31

Total gross earnings
.

Total gross expenses
Net current earnings
Net losses and depreciation, less profits on
securities sold 13-

492

1,463

3,138

2,032

1,571

9,050

3

9,053

282

978

1,402

4,706

2,135

2,543

12, 439

4

12,443

4
6 93

7 141

7
8 130

25
9 521

41
10 697

111
11 1,819

349
12 975

1,496

537
5,885

537
5,885

97

141

137

546

738

1,930

1,324

1,496

6,422

6,422

Percent
75.26
18.56
2.06
4.12

Percent
72.52
15.68
4.04
7.76

Percent
68.22
16.65
4.65
10.48

Percent
73.00
15.07
4.18
7.75

Percent
62.29
22. 51
5.11
10.09

Percent
56.73
25.18
6.06
12.03

Percent
48.02
28.54
5.56
17.88

Percent
53. 54
27.03
4.60
14.83

Percent
51.55
24.17
4.49
19.79

Percent
53.35
25.69
5.11
15.85

Percent
68.96
24.14
3.45
3.45

Percent
53.37
25.68
5.11
15.84

100.00

Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings

156

245

13

Total

95

139

6 13

Dividends:
On preferred stock
On common stock

72

9

Total
Net profits before dividends

Net profits .

15

16

Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds stocks and other securities
On banking house, furniture and fixtures. _
0ther losses and depreciation
.

Salaries, wages, and fees
Interest on deposits
All other current expenses

1
2
12
1

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

32.99
12.37
29.90

33.70
15.37
25.15

29.45
13.62
25.03

27.87
17.25
23.35

30.21
15.80
24.33

30.78
14.43
25.98

29.60
10.32
29.12

30.40
9.14
33.54

27.40
8.32
31. 55

29.48
10.94
29.37

44.82
24.14
24.14

29.49
10.95
29.37
69.81

75.26

74.22

68.10

68.47

70.34

71.19

69.04

73.08

67.27

69.79

93.10

24.74

25.78

31.90

31.53

29.66

28.81

30.96

26.92

32.73

30. 2i

6.90

30.19

-15.46

-4.19

-3.38

-6.97

-2.78

-5.48

-1.71

-.86

-7.61

-3.63

+6.90

-3.62

9.28

21.59

28.52

24.56

26.88

23.33

29.25

26.06

25.12

26.58

13.80

26.57

1 Includes 1 bank with deposits of $83,000.
2 Figures of first 6 months for 2 banks which were inactive Dec. 31,1940.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
5 Includes 1 stock dividend of $1,000.
6
Includes 7 stock dividends aggregating $23,000.
* Includes 4 stock dividends aggregating $19,000.




s Includes 4 stock dividends aggregating $11,000.
• Includes 3 stock dividends aggregating $30,000.
10 Includes 3 stock dividends aggregating $87,000.
11 Includes 3 stock dividends aggregating $300,000.
12 Includes 1 stock dividend of $400,000.
13 Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

TABLE N O . 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 7
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 3], 1940, of—
$100,001 $250,001
to
to
$250,000 i $500,000

Number of banks _ _
Total deposits
Capital stock, par value
Capital funds

12

_
_

Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers

Number of officers *
Number of employees other than officers 5___

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




57

$750,001 $1,000,001 $2,000,001 $5,000,001 $100,000,001
3
to
to
to
to
$1,000,000 $2,000,000 $5,000,000 $50,000,000 and over
60

133

97

306, 750
14, 629
31,492

98

1, 273, 773
50, 741
112, 501

9

4,124,074
128, 071
297, 840

Total
529

less than
1 year *

7

Total

536

6, 004, 392
213,939
480, 572

30, 477
2,975
5,951

6, 034, 869
216, 914
486, 523

19,616

42,378

199

42, 577

31,360
1,834

47, 493
4,015

160
38

47,653
4,053

467
7,637
6,032
7,964

2
63
11

469
7,637
6,095
7,975

-

2,463
1,825
2,593

23,947
2,320
3,906

34, 538
2,433
4,332

51, 706
3,356
6,114

187,141
10, 564
21, 794

65

632

760

1,040

3,320

4,168

12,777

51
7

184

471

1,781

40

256
63

85

232

3,168
355

10, 222
1,399

73
5
5

3
70
36

94
47

3
122
96

27
489
266

7
152
111
440

29
1,318
3,005
2,428

430
6,061
1,470
4,646

6

10

45

70

331

340

810

9

819

206

973

1,227

1,827

6,160

9,137

31, 509

65, 757

116,796

482

117, 278

31
4
25
8

257
54
161
97

276
96
153
125

383
162
196
195

1,137
713
473
705

1,435
1,377
438
1,139

4,190
6,159
828
4,632

5,497
14, 744
505
8,394

13, 206
23, 309
2,779
15,295

64
88
39
202

13,270
23,397
2,818
15,497

1
7
2
10
95

10
131

12
203

21
322

65
1,055

87
1,496

93
5,845

18
65
232

35
95
316

99
310
1,045

173
442
1,665

1,194
3,710
13, 885

480
12, 960
7
2,218
5,997
24.383

3
55
4
21
135

483
13,015

13
61
179

191
3,901
7
684
1,304
6,966

150

_
_

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.

Net current earnings _.

63

$500,001
to
$750,000

705

902

1,334

4,424

6,675

23,402

44,968

82, 560

370

82,930

56

268

325

493

1,736

2,462

8,107

20, 789

34, 236

112

34, 348

8

1

2.222
6,018
24,518

to

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
All other

5

32

49

69

150

443

1,347

4,651

6,746

25

6,771

2
10
6

18
40
14

30
77
40

30
114
26

142
487
115

207
1,030
166

1,168
3,138
523

7,769
16, 311
2,988

9,366
21, 207
3,878

12
11
8

9,378
21, 218
3,886

Total.

23

104

196

239

894

1,846

6,176

31, 719

41,197

56

41, 253

Total net earnings, recoveries, etc

79

372

521

732

2,630

4,308

14, 283

52, 508

75,433

168

75,601

Losses and depreciation:
On loans
On bonds, stocks, and other securities.
On banking house, furniture and fixtures
Other losses and depreciation

19
5
4
15

33
55
38
12

104
109
30
27

82
142
68
29

205
492
184
70

460
1,016
353
154

1,036
3,378
1,104
596

2,993
8,901
1,194
2,241

4,932
14,098
2,975
3,144

6
32
14
11

4,938
14,130
2,989
3,155

43

138

270

321

951

1,983

6,114

15, 329

25,149

63

25, 212

8,169

37,179

50, 284

105

50, 389

302
» 4,079

565
12, 955

1,046
19,631

78

1,046
19, 709

Total

411

1,679

2,325

13
178

42
0.704

105
10 1, 385

203

191

746

1,490

4,381

13, 520

20, 677

78

20, 755

Percent
64.95
18.91
7.20
8.94

Percent
61.94
20.86
7.66
9.54

Percent
56.92
25.78
6.68
10.62

Percent
53.90
28.91
7.94
9.25

Percent
45.62
34.67
8.50
11.21

Percent
40.55
32.44
9.54
17.47

Percent
29.83
47.69
2.24
20.24

Percent
36.28
40.66
5.17
17.89

Percent
41.29
33.19
13.07
12.45

Percent
36.30
40.63
5.20
17.87

Net profits before dividends

36

234

251

Dividends:
On preferred stock
On common stock

13

9
6 124

10
7 193

13

133

Percent
31.55
24.76
2.43
41.26

Total
Ratios to gross earnings:
Interest and discount on loans.
Interest and dividends on investments
Service charges.
.
All other current earnings

8

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

17.48
3.40
51.94

32.99
13.47
26.00

31.30
16.54
25.67

30.98
17.63
24,41

31.09
17.13
23.60

31.73
16.37
24.95

33.45
12.38
28.44

30.92
8.89
28.58

31.67
11.10
27.92

32.15
11.41
33.20

31.67
11.10
27.94

Total current expenses

72.82

72.46

73.51

73.02

71.82

73.05

74.27

68.39

70.69

76.76

70.71

27.18

27.54

26.49

26.98

28.18

26.95

25.73

31.61

29.31

23.24

29.29

-9.71

-3.49

-6.03

-4.49

-.93

-1.50

+.20

+24. 93

+13. 74

-1.45

+13. 68

17.47

24.05

20.46

22.49

27.25

25.45

25.93

56.54

43.05

21.79

42.97

Total gross earnings

Net current earnings _.
._
Net losses and depreciation, less profits on
securities sold 12
Net profits

1 Includes 1 bank which does not accept deposits.
2 Includes 2 banks with deposits of $52,107,000 and $79,090,000, respectively.
3 Includes also figures of first 6 months for banks which were inactive Dec. 31,1940.
4
Number at end of period.
« Number of full-time and part-time employees at end of period.
• Includes 13 stock dividends aggregating $32,000.
7
Includes 26 stock dividends aggregating $102,000.




8 Includes 16 stock dividends aggregating $47,000.
Includes 28 stock dividends aggregating $183,000.
i° Includes 23 stock dividends aggregating $380,000.
» Includes 16 stock dividends aggregating $1,731,000.
12 Minus figures represent the excess of gross losses and depreciation over profits on E
curities sold and recoveries; plus figures, the opposite.
8

1
CO

TABLE N O . 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 8
[In thousands of dollars]

•

Banks operating throughout entire year with deposits on Dec. 31, 1940, o—
f
$100,001
to
$250,000

Number of banks
__ . __
Total deposits
Capital stock, par value
Capital funds
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
Total current expenses
Net current earnings

.

_




__ _

$250,001
to
$500,000

$500,001
to
$750,000

20
3,611
638
945

54
20, 562
2,158
3,447

52
32,569
2,830
4,881

145

580

32
6

210
27
29
27

70
40

1

6
4

$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 J
35
30, 381
2,380
4,431

82
113, 340
7,260
15, 015

40
118, 821
7,175
14,488

25
348,854
13, 388
30,417

877

732

2,427

2,118

321
79

338
59

1,136
177

1,126
145
37

1

6

33
43

27

237
193

251
205

Operat-

Total

ing less
than
1 year 2

Total

6
648,010
18,900
44, 314

314
1,316,148
54, 729
117,938

4
2,843
300
435

1,318,991
55,029
118,373

4,761

5,188

16,828

29

16,857

2, 458
377

4,387
467

10,008
1,337

6
3

10,014
1,340

1
274
440
596

19
155
226
457

20
501
1,292
1,565

3
1

20
501
1,295
1,566

318

2

9

16

5

20

31

152

187

422

196

882

1,404

1,216

4,217

3,913

9,059

11, 086

31,973

42

32,015

6
11

12

4,446
4,919
1,397
3,997

422

224

48
148
89

722

10
4#
18

101
168
139

92
127
122

430
818
438

588

520
195
416

1,135
1,575
238
1,183

1,233
2,137
150
1,679

4,434
4,913
1,386
3,984

2
27

13
135

29
220

54
1,319

23
727

20
56
148

40
82
241

53
700
6
111

42
600

5
11
38

14
245
1
31
70
191

258
666

108
217
629

1,925

2,211

230
3,973
7
813
1,877
6,049

2
12

230
3,979
7
813
1,879
6,061

143

607

1,008

868

2,946

2,704

6,692

7,328

22,296

38

22, 334

53

275

396

348

1,271

1,209

2,367

3,758

9,677

4

9,681

50

187

295

212
472

286
711

IS
6

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold __
Allother

4

28

40

24

104

100

300

277

877

877

2
2

16
42
19

24
87
26

28
85
12

102
264
84

215
319
62

200
726
196

1 029
2 175

1 614
3,700

1 614
3,700

311

712

2

714

8

105

177

149

554

696

1,422

3,792

6,903

2

6,905

61

380

573

497

1,825

1,905

3,789

7,550

16, 580

6

16, 586

16
4
8
3

36

85

44

188
269
125
81

1

406
219
73

31

128

218

196

663

30

252

355

301

1,162

7
8 139

16

5 22

11
U43

31
9 521

22

146

194

154

Ratios to gross earningsPercent
Interest and discount on loans
_ __
73.98
16.33
Interest and dividends on investments
Service charges
_
_„
3.06
All other current earnings..
__ __
6.63

Percent
62.46
22.86
4.99
9.69

100.00

Percent
65.76
23.81
3.29
7.14
100.00

31.63
13.78
27.55

28.12
15.31
25.39

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 profits before dividends
Dividends:
On preferred stock
On common stock
Total

__„„__„_

Total gross earnings
Salaries, wages, and fees
Interest on deposits
All other current expenses-

407

805
233
153

2,824
249
1,602

1,223
4,484
936
2,011

1
2
1

1,224
4,485
938
2,012

805

1,531

5,082

8,654

5

8,659

1,100

2,258

2,468

7,926

1

7,927

38
i° 576

124
H910

2,308

3

227
4,800

552

614

1,034

2,308

227
4,797
5,024

3

5,027

Percent
60.20
27.80
2.71
9.29

Percent
57.55
26.94
5.62
9.89

Percent
54.13
28.78
6.41
10.68

Percent
52.56
27.13
4.86
15.45

Percent
46.80
39.57
2.04
11.59

52.63
31.30

4.04
12.03

Percent
69.05
14.29
7.14
9.52

Percent
52.65
31.28
4.05
12.02

100. 00

100. 00

100. 00

100. 00

100.00

100. 00

100.00

100.00

100.00

30.27
15.67
25.85

27.14
20 15
24.09

28.57
16.60
24.69

29.39
15.33
24.38

30.51
14.56
28.80

30.61
6.56
28.93

29.95
12.43
27.35

42.86
14.29
33.33

29.97
12.43
27.36
69.76

59
37
37

83
44
25

340

Percent

__ _

68.82

71.79

71.38

69.86

69.10

73.87

66.10

69.73

90.48

27.04

31.18

28.21

28.62

30.14

30.90

26.13

33.90

30.27

9.52

30.24

- 1 1 . 73

-2.61

-2.92

-3.87

-2.58

-2.79

-1.2a

-11.64

-5.48

-7.14

-5.48

15.31

28.57

25.28

24.75

27.56

28.11

24.93

22.26

24.79

2.38

24.76

1 Includes 1 bank with deposits of $289,688,000.
2
Includes also figures of first 6 months for 1 bank which was inactive Dec. 31,1940.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
6
Includes 1 stock dividend of $2,000.
6
Includes 7 stock dividends aggregating $34,000.
^Includes 8 stock dividends aggregating $22,000.




107

72.96

Total current expenses
Net current earnings _ _ _ _ _ _ _ _ _ _
Net losses and 12
depreciation, less profits on
securities sold _.
Net profits .

34
21
37

8 Includes 8 stock dividends aggregating $26,000.
5 stock dividends aggregating $56,000.
Includes 4 stock dividends aggregating $126,000.
» Includes 1 stock dividend of $38,000.
2
i Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.
9
Includes
10

TABLE N O . 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 9
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31 1940, of —
,
$100,001 $250,001
to
to
$250,0001 $500,000

Number of banks
Total deposits
Capital stock, par value
Capital funds
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
Other taxes _.
Other expenses.._
Total current expenses
Net current earnings




20

85

$500,001
to
$750,000
72

$750,001 $1,000,001 $2,000,001 $5,000,001 $100,000,001
to
and
to
to
to
$1,000,000 $2,000,000 $5,000,000 $50,000,000
over
42

68

3,389
552
730

32,453
3,083
4,606

44, 543
3,007
5,287

115

960

1,135

27

466

31

300
220

244

180

390

2

2

11
6

54
55

75
98

50
81

176
178

54

27

3

Total
371

Operating
less than
1 year 2

1

Total

372

94,350
5,409
10,396

161, 260
7,843
16,725

274, 647
14,710
26, 253

463,836
17,000
41,288

1,110,143
53, 784
109,649

3,307
350
448

1,113,450
54,134
110,097

761

1,874

2,401

3,494

4,474

15,214

34

15,248

466

1,144

1,836
393

2,323
538

3,177
933

9,739
2,929

13
10

9,752
2,939

2

31

187

806

239
489

35
1,044
1,386
1 589

4
3

35
1,044
1,390
1,592

35,665
2,180
4,364

1

1
47

306
359

475
323

7

40

42

73

95

161

233

2

653

5

658

197

1,630

2,060

1,613

3,859

5,504

7,575

10,151

32, 589

69

32,658

60
5
49
10

388
72
225
115

445
143
222
180

321
131
148
145

686
400
265
S71

855
818
246
670

1,151
1,394
263
1,065

1,073
2,355
129
1,562

4,979
5,318
1,647
4,118

16
7
S
11

4,995
5,325
1,550
4,129

1
27
1
6
8
41

20
308

18
318

44
690

55
918

95
782

23
629

67
285

27
410
1
52
74
360

71
264

174
659

213
1,069

392
1,636

677
2,398

283
4,082
2
698
1,676
6,712

149

1,177

1,512

1,160

2,737

4,068

5,607

7,340

23,750

48

453

548

453

1,122

1,436

1,968

2,811

8,839

37

37

84

140

157

185

10
3

3
18

283
4,092
2
701
1,679
6,730
23,807

57
12

8,851

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 profits before dividends
Dividends:
On preferred stock.
On common stock
Total

.
.-_

71

71

82

233

186

650

1,075

2,383

2
4

34
53

65
73

99
70

197
222

324
329

347
771

3

32

30

19

39

69

205

903
535
664

1,971
2,057
1,061

24

190

239

270

691

908

1,973

3,177

7,472

10

7,482

72

643

787

723

1,813

2,344

3,941

5,988

16,311

22

16,333

22
4
18
11

98
131
50
48

63
190
60
58

93
266
37
43

229
519
98
99

246
839
249
109

247
877
201
109

464
968
517
73

1,462
3,794
1,230
550

17
2

1,462
3,811
1,232
550

55

327

371

439

945

1,443

1,434

2,022

7,036

19

7,055

17

316

416

284

868

901

2,057

3,966

9,275

3

9,278

*36

_
_

26
6 201

24
7 213

10
8 234

24
9 629

36
i°570

263
»1,780

49
1,530

432
5,193

36

227

237

244

653

606

2,043

1,579

5,625

6

5,631

Percent Percent
58.38
58.90
13.70
18.40
3.31
5.58
22.34
19.39

Percent
55.10
22.62
3.64
18.64

Percent
47.18
28.89
3.10
20.83

Percent
48.56
29.65
4.56
17.23

Percent
43.62
33.36
5.56
17.46

Percent
46.12
30.67
6.27
16.94

Percent
44.08
31.30
2.35
22.27

Percent
46.69
29.88
4.25
19.18

Percent
49.27
18.84
5.80
26.09

Percent
46.69
29.86
4.26
19.19

..
—

Ratios to gross earnings:
Interest and discount on loans . _ _
_
Interest and dividends on investments
Service charges
_
All other current earnings
Total gross 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 i*
_
Net profits

.

1

12

6

2,389
1,974
2,057
1,062

432
5,199

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

33.50
13.70
28.43

29.45
18.90
23.86

29.86
19.90
23.64

29.14
19.72
23.06

29.28
17.88
23.76

31.40
16.68
25.83

34.85
10.32
28.85

34.00
6.20
32.11

32.46
12.53
27.89

33.34
14.49
34.78

32.47
12.53
27.90

75.63

72.21

73.40

71.92

70.92

73.91

74.02

72.31

72.88

82.61

72.90

24.37

27.79

26.60

28.08

29.08

26.09

25.98

27.69

27.12

17.39

27.10

-15.74

-8.40

-6.41

-10.48

-6.58

-9.72

+7.12

+11.38

+1.34

-13.04

8.63

19.39

20.19

17.60

22.50

16.37

33.10

39.07

28.46

4.35

+1.31
28.41

1 Includes 1 bank with deposits of $61,000.
2 Includes alsofiguresof first 6 months for banks which were inactive Dec. 31, 1940.
*
4 Number at end of period.
Number of full-time and part-time employees at end of period.
e Includes 1 stock dividend of $5,000.
8 Includes 29 stock dividends aggregating $96,000.
7 Includes 14 stock dividends aggregating $40,000.



6
3

15

8 Includes 7 stock dividends aggregating $39,000.
»Includes 15 stock dividends aggregating $27^,000.
i° Includes 5 stock dividends aggregating $112,000.
12 Includes 14 stock dividends aggregating $1,099,000.
1
1 Includes 2 stock dividends aggregating $4,000.
1 Minus figures represent the excess of gross losses and depreciation over profits on
3
securities sold and recoveries; plusfigures,the opposite.

TABLE N O . 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts—C ont inued
DISTRICT NO. 10
jln thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31, 1940, of—
$100,000
and
under
Number of banks
Total deposits.
.Capital stock, par value
Capital funds

3

Total earnings from current operations. _
Expenses:
Salaries and wages:
Officers
Employees other than officers_
Number of officers 3
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 moneyReal-estate taxes
Other taxes
Other expenses
.-.
Total current expenses




99

$250,001
to
$500,000
165

$500,001
to
$750,000
109

$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 $100,000,0001
56

162
250
303

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

Net current earnings

$100,001
to
$250,000

_

18,472
2,889
4,157

60,149
5,650
9,601

65,956
5,053
9,756

48,790
3,209
6,450

8

784

2,232

2,014

4
1

149
59

470
158

590
136
1

2

69
29

216
102

230
145

165
67

3

100

70

45

6

Total
653

Operating less
than 21
year

Total

653

684,912
25,828
59,487

427, 241
15, 800
38,568

1,648,335
77,137
169,198

798
192
175

1,649,133
77,329
169,373

4,009

8,015

4,123

25,915

14

25,929

1,857
201

4,087
281

2,349
76

11,166
1,229

5
1

11,171
1,230

77

4
750
1,118
1,407

2
423
451
940

3,441
3,472

141,765
8,147
17,096

200,888
10,311
23,780

1,277

3,453

430
80

1,230
237
1
28
544
292

648
490

7
1,284
3

7
1,284
3,444
3,472
292

5

12

24

12

34

49

129

27

292

16

1,095

3,190

3,140

2,033

5,819

7,331

15,791

8,391

46,806

23

46,829

8
1
7
3

340
63
240
104

864
225
479
309

763
240

489
182
204
202

1,177
718
438
640

1,327
1,078
379
816

2,263
3,204
404
2,220

854
1,664
107
1,131

8,085
7,375
2,632
5,705

7
2

374
280

8,092
7,377
2,632
5,705

10
74
1
22
55

37
294
6
51
162

294
2
56
156

15
189
1
27
107

25

206

531

506

162
616
1,961

313
3,626
18
1,013
2 642
9,599

4

313
3,630
18
1,014
2,642
9,603

18

771

2,170

52

324

1,020

1
1
7

53

58

574

747

323

95
292
1,008

162
390
1,320

80
1,090
8
437
863
3,737

2,052

1,333

3,917

5,082

11,682

5,646

32,671

18

32,689

1,088

700

1,902

2,249

4,109

2,745

14,135

5

14,140

35

364

4
1

Recoveries, profits on securities sold, etc.:
Recoveries on loans
.
_.
Recoveries on bonds, stocks, and other securities .
..
__
.Profits on securities sold
Allother
..
T o t a l

.

1

121

359

442

867

710

2,966

1

2,967

41
63
37

27
59
32

96
188
101

325
427
169

2,567
1,841
282

305
821
240

3.391
3,470
905

1

3,391
3,471
905

328

239

744

1,363

5,557

2,076

10,732

2

10,734

1,324

1.416

939

2,646

3,612

9,666

4,821

24.867

7

24,874

I

137
12
39
38

299
37
112
56

232
60
118
56

153
49
66
18

421
170
215
98

384
473
294
90

796
2,927
764
162

439
509
340
190

2,862
4,237
1,949
709

g

1

2,870
4,237
1,949
713

226

504

466

286

904

1.241

4,649

1,478

9,757

12

9,769

218

820

950

653

1,742

2,371

5,017

3,343

1.5,110

55

15.105

5

Net profits before dividends

304

444

54

Total.

120

3

Losses and depreciation:
On loans
On bonds, stocks, and other securities. . . .
On banking house, furniture and fixtures..
Other losses and depreciation

11

11
§656

7
9 361

26
10991

28
"1,426

120
1 2,042
2

29
13 1,713

237
7,908

i*5

237
7,913

Dividends:
On preferred stock
On common stock

571

667

368

1,017

1,454

2,162

1,742

8,145

5

8.150

Percent
50.00

Percent
71.60

Percent
69.97

Percent
64.14

Percent
62.81

Percent
59.34

Percent
54.69

Percent
50.76

Percent
49.14

Percent
55.37

Percent
60.87

Percent
55.37

25.00
25.00

13.61
6.30
8.49

14.73
6.77
8.53

18.79
7.32
9.75

21.15
8.12
7.92

21.14
9.35
10.17

25.33
8.84
11.14

25.88
7.08
16.28

28.00
5/37
17.49

23.86
7.35
13.42

21.74
13.04
4.35

23.86
7.35
13.42

100.00

100.00

100.00

100. 00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

56.25

Total gross earnings
Salaries, wages, and fees
Interest on deposits
All other current expenses

37.71
6.76
25.94

35.30
9. 22
23.51

33.06
9.36
22.93

33.74
9.30
22.53

33.48
9.86
23.97

33.60
10.19
25.53

35.13
6.90
31.95

30.31
4.34
32.64

33.70
7.75
28.35

39.13
17.39
21.74

33.70
7.75
28.35
69.80

56.25

Total current expenses,_.-.-..-......__Net current earnings .
. . . .
Net losses and depreciation, less profits on
securities sold 18
__ ._

-12.50

70.41

68.03

65.35

65.57

67.31

69.32

73.98

67.29

69.80

78.26

29.59

112 £0

31.97

34.65

34.43

32.69

30.68

26.02

32.71

30.20

21.74

30.20

-9.68

-6.27

-4.40

-2.31

-2.75

+1.66

+5.75

+7.13

+2.08

-43.48

+2.06

19.91

25.70

30.25

32.12

29.94

32.34

31.77

39.84

32.28

5 2L74

32.26

1 Includes 1 bank with deposits of $133,640,000.
2
Figures of first 6 months for banks which were inactive Dec. 31,1940.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
5 Deficit.
«Includes 6 stock dividends aggregating $8,000.
7 Includes 36 stock dividends aggregating $99,000.
8
Includes 21 stock dividends aggregating $105,000.




4

164

._.„

Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings

Net profits

187

24
54
36

n

. . _ • • •

Total net earnings, recoveries, etc

Total

190

6
17
8

1

89

9

Includes 6 stock dividends aggregating $38,000.
»° Includes 24 stock dividends aggregating $191,000.
11 Includes 10 stock dividends aggregating $272,000.
1 Includes 12 stock dividends aggregating $583,000.
2
1 Includes 1 stock dividend of $300,000.
3
n Includes 1 stock dividend of $5,000.
" Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

TABLE N O . 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 11
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, of—

Number of banks .
_
Total deposits
Capital stock, par value
Capital funds

.._

._

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 2
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 moneyReal estate taxes
Other taxes
Other expenses
_
Total current expenses
Net current earnings




Operating less
t h a n 2l
year

Total

$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

$50,000,001
to $100,000,0001

53
166,704
8,737
19,439

47
748,307
27,922
59, 696

6
468,103
19,450
46,316

480
1,635,068
76, 578
164, 555

2
2,615
150
255

482
1,637,683
76,728
164,810

3,284

3,533

9,503

5,888

26,748

60

26,808

993
177

1,267
161

3,988
412

2,238
68

9,494
1,086

24
3

9,518
1,089

72
49
12

366
194
19

2
37
417
417
47

5
409
1,085
1,474
194

9
173
314
1,515
45

16
619
2,545
3,849
342

2
5
2

16
621
2,550
3,851
342

2,413

1.324

5,033

5,881

17,070

10,250

44,699

96

44,795

576
135
297
203

653
190
315
243

327
127
143
170

1,094
569
431
543

987
935
294
780

2,389
3,175
429
2,177

1.090
1,617
131
945

7,367
6,781
2,217
5,132

17
11
9
10

7,384
6,792
2,226
6,142

10
21
2
39
41
138

26
45
1
71
107
348

24
98
2
106
116
458

16
60

50
383
1
316
277
1,174

69
1,390

32
380

59
68
237

49
262
2
220
257
856

847
939
3,748

681
772
2,068

278
2,639
8
2,342
2,579
9,039

38

516

1,309

1,647

894

3,309

4,123

12,557

6,640

14

251

600

766

430

1,724

1,758

4,513

3,610

$100,000
and
under

$100,001
to
$250,000

$250,001
to
$500,000

7
533
180
266

63
11,434
2,1.50
3,254

94
35,447
4,142
7,133

81
50,685
4,180
8,160

35
30,105
2,137
4,340

94
123,750
7,680
15,951

44

617

1,353

1,636

890

2
1

69
29

298
74

394
108

245
56

2
3

33
15
4

108
68
8

148
114
13

52

767

1,909

18
1
19
6

233
32
158
65

2
3
2
12

Total

4
25

278
2,646
8
2,342
2,583
9,064'

31,033

64

31,097

13,666

32

13, 698

7

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
All other

3

196

69

302

281

885

472

8

7

363

883

63
42

165

288

30
58

34
11

47

2,380

2,380

4

6
16

168
114

252
91

1,253
310

910
80

883

2,716
722

2,716
722

3

.

Dividends:
On preferred stock
On common stock
..

Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges __ ....
. .
__
All other current earnings
__.
Total gross earnings

309

121

631

789

2,811

1,750

6,701

820

1,075

551

2,355

2, 547

7, 324

5, 360

20,367

32

20,399

14

114

129

200

345

179
153
76

355

1,001
934
589
265

516
478
246

2,758
1,986
1,656
812

g

9
43
21

526

27
68
29

45
64
60

74

7
20
22

1
3
1

2 766
1,987
1,659
813

163

253

369

147

753

958

2,789

1,764

7,212

13

7,225

1

155

567

706

404

1,602

1,589

4,535

3,596

13,155

19

13,174

4

Total
Net profits before dividends

220

318

16

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures..
Other losses and depreciation

67

17

Total net earnings, recoveries, etc

Total

128

1

Total

44

3
«133

9
«405

15
M39

7
?260

19
8 971

35
»960

104
ii 2, 502

335
7,931

1
12 55

4

136

414

454

267

990

995

143
i° 2, 257
2,400

2,606

8,266

56

336
7,986
8,322

Percent
84.61
3.85
3.85
7.69

Percent
80.44
9.00
4.30
6.26

Percent
70.87
15.61
5.66
7.86

Percent
67.80
16.33
6.13
9.74

Percent
67.22
18. 50
5.41
8.84

Percent
65.25
19.73
7.27
7.75

Percent
60.08
21.54
7.09
11.29

Percent
55.67
23. 36
6.36
14.61

Percent
57.44
21.84
3.06
17.66

Percent
59.84
21.24
5.69
13.23

Percent
62. 50
25.00
5.21
7.29

Percent
59.85
21.25
5.69
13.21

100. 00

100.00

100. 00

100. 00

100. 00

100. 00

100. 00

100. 00

100. 00

100 00

100. 00

100.00

40.39

38.61
2.36
27.60

35.93
4.06
28.26

35.50
4.53
27.49

34.02
5.21
26.52

33.53
6.52
30.06

33.00
8. 14
32.42

26.72
3.71
34.35

32.27
5.91
31.25

29.17
7.29
30.21

32.27
5.90
31.25

2

269
241
93

6,701

Salaries, wages, and fees
Interest on deposits
All other current expenses

32.69

35.85
2.74
28.68

Total current expenses

73.08

67.27

68.57

68.25

67.52

65.75

70.11

73.56

64.78

69.43

66.67

69.42

26.92

32.73

31.43

31.75

32.48

34.25

29.89

26.44

35.22

30.57

33.33

30.58

- 2 5 . 00

- 1 2 . 52

-1.73

-2.49

-1.96

-2.42

-2.87

+.13

-.14

-1.14

- 1 3 . 54

-1.17

1.92

20.21

29.70

29.26

30.52

31. 83

27.02

26.57

35.08

29.43

19.79

29.41

Net current earnings
Net losses and depreciation, less profits on
securities sold 13
Not profits

1 Includes 1 bank with deposits of $137,343,000.
Number at end of period.
Number of full-time and part-time employees at end of period.
* Includes 7 stock dividends aggregating $17,000.
«Includes 16 stock dividends aggregating $64,000.
6
Includes 24 stock dividends aggregating $105,000.
7 Includes 5 stock dividends aggregating $25,000.
2
3




s Includes 20 stock dividends aggregating $143,000.
9
Includes 8 stock dividends aggregating $191,000.
i° Includes 7 stock dividends aggregating $366,000.
n Includes 1 stock dividend of $500,000.
2
i Includes 1 stock dividend of $50,000.
is Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

OO

TABLE NO. 33.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1940, by Federal Reserve
districts—Continued
DISTRICT NO. 12
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31, 1940-; of—
$1,000,001 $2,000,001 $5,000,001 $100,000,001
to
to
and
to
$2,000,000 $5,000,000 $50,000,000
over

Operating
less than
1 year1

Total

$100,001
to
$250,000
Number of banks
Total deposits
Capital stock, par value _
Capital funds

Total earnings from current operations,-. ..
Expenses:
Salaries and wages:
Officers
_
...
Employees other than officers
Number of officers 2
Number of 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
Net current earnings

__




._

$750,001
to
$1,000,000

29
12,105
1,072
1,812

25
15,842
1,018
2,019

27
23, 569
1,685
3,149

47
66. 493
3,982
8,427

33
102, 615
5,047
11,867

30
546, 324
24, 961
48, 767

11
3,665,370
147,700
337, 320

208
4,433, 709
185, 630
413, 645

4,003
300
471

208
4,437, 712
185,930
414,116

63

395

443

650

1,801

2,380

10, 275

69,980

85,987

73

86,060

9
2

104
21

135
28

219
29

562
94

846
133

4,000
425

30,687
3,480

36, 562
4,212

18
6

36, 580
4,218

8
3
4

30
21
5

36
28
14

62
40
10

142
131
26

2
85
226
190
26

26
590
858
1,266
216

686
4,449
5,612
5,194
814

714
5,132
6,974
6, 873
1,115

8
6

714
5,132
6,982
6,879
1,115

89

576

686

1,010

2,762

3,888

17, 656

120,. 902

147, 569

111

147,680

27

163

152

489

347
191
293

591
171
426

2,179
3,150
482
2,245

11, 589
24,734
2,546
15,710

15,396
29,052
3,655
18,925

19
17

6

116
90
108

594

65
74
75

203

44
87
62

15,415
29,069
3,655
18,925

11

8
86

8
127

9
170

28
455

27
673

74
2,824

197
20,629

351
24,975

5
17

10
21

10
26

17
37

47
142

68
197

102

117

183

454

619

244
797
3,-189

2,407
6,730
19,857

2,803
7,955
24,538

20

351
24,990
1
2,805
7,959
24, 558

65

Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities .
_
Collection charees, 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
- _
.

$500,001
to
$750,000

6
1,391
165
284

,

$250,001
to
$500,000

434

505

735

1,962

2,769

12,457

86,143

105,070

78

105,148

24

142

181

275

800

1,119

5,199

34, 759

42,499

33

42, 532

5
U

2

6

Total

15
1
2
4

00

to

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
g
Profits on securities sold
oo
All other
.

1

22

37

37

21

15
18
7

5
18
9

6
31
21

S

Total

22

62

69

95

353

305

I*.
to

Total net earnings, recoveries, e t c . -

46

204

250

370

1,153

1,424

31

31
16

62
24

65
36

115
112

163
172

818

Losses and depreciation:
On loans
h-i
On bonds, stocks, and other securities
w
On banking house, furniture and fixtures
Other losses and depreciation

5

Total

21
14

12
15

119

73

319

3,220

3,828

5

3,833

34
156
44

39
135
58

233
936
165

1,102
13,399
941

1,434
14,693
1,266

1
12
15

1,435
14,705
1,281

1,653

18, 662

21, 221

33

21,254

6,852

53,421

63,720

66

63,786

1,017
422
306

9,572
3,926
3,598
5,136

10 857
5,303
4,298
5,582

6
3

4
1

10 863
5,306
4,302
5, 583

26
18

106
40

108
53

36

Total.—

.._

„

Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings.__
Total gross earnings

113

145

373

496

2, 563

22, 232

26,040

14

26,054

122

137

225

780

928

4,289

31,189

37,680

52

37,732

7

Dividends:
On preferred stock.__
On common stock

82

10

Net profits before dividends

4
<58

6 111

234

8 86

7 303

8 470

» 1,961

1,508
16,412

1,785
19.408

7

62

90

117

317

485

2,195

17,920

21,193

10

21,203

Percent
70.79
10.11
8.99
10.11

Percent
68.58
18.05
5.21
8.16

Percent
64.58
19.68
5.25
10.49

Percent
64.36
21.68
6.14
7.82

Percent
65.21
20.35
5.14
9.30

Percent
61.21
21.76
5.81
11.22

Percent
58.20
22.65
4.86
14.29

Percent
57.88
25.38
4.64
12.10

Percent
58.27
24.77
4.73
12.23

Percent
65. 76
16.22
7.21
10.81

Percent
58.27
24.77
4.73
12.23

4

6

14

15

"10

1,785
19,418

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 _

35 95
12.36
24.72

37.33
14. 93
23.09

32.80
18.51
22.31

32.48
16.83
23.46

31.28
16.48
23.28

31.17
17.31
22.74

30.60
15.99
23.96

30. 21
17.06
23.98

30.36
16.92
23.92

32.43
13.51
24. 33

30.36
16.92
23.92

Total current expenses...

73.03

75. 35

73.62

72.77

71. 04

71.22

70.55

71.25

71.20

70.27

71.20

26.97

24.65

26.38

27.23

28.96

28.78

29.45

28. 75

28.80

29.73

28.80

-15.73

-3.47

-6.41

-4.95

—.72

-4.91

-5.16

-2.95

-3.27

+17.12

-3.25

11.24

21.18

19.97

22.28

28.24

23.87

24.29

25.80

25.53

46.85

25.55

Net current earnings.._
Net losses and depreciation, less profits on
securities sold "
Net profits

_.

1 Figures of first 6 months for banks which were inactive Dec. 31, 1940.
Number at end of period.
Number of full-time and part-time employees at end of period.
Includes 5 stock dividends aggregating $6,000.
»Includes 10 stock dividends aggregating $29,000.
• Includes 6 stock dividends aggregating $24,000.
2
3
4




7 Includes 13 stock dividends aggregating $44,000.
8
Includes 7 stock dividends aggregating $87,000.
9
Includes 7 stock dividends aggregating $464,000.
1 Includes 1 stock dividend of $5,000.
0
" Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

TABLE N O . 34.—Earnings, expenses, and dividends of nonmember national banhsf by size of banks, for the year ended Dec. SI, 1940
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1940, 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
and
to
to
to
to
to
to
and
over
under $250,000 $500,000 $750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000!

6
65,151
3,800
8,152

1,154

1,290

1 290

666

699

699

210

256

256

7
3

7
3

7
3

6
13
1

31
49
41

37
62
42

37
62
42

235

2,161

2,396

2,396

37
34
11

60

303
373
61

303
373
61

2a

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

6
65,151
3,800
8,152

46

Expenses:
Salaries and wages:
Officers
Employees other than officers.
2

3
60,125
3,525
7,556

33

Total earnings from current
operations




Total

136

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
0ther current earnings

Total current expenses

Total

3
5,026
275
596

Number of banks
Total deposits
Capital stock par value
Capital funds.

Net current earnings.

Operating less
thanl
year

197

225

225

1

8

450

450

36
80
220

39
94
259

39
94
259

177
-

8

401

3
14
39

*

7

49

1,349

1,526

1,526

58

812

870

870

Recoveries, profits on securities sold,
etc.:
Recoveries on loans
Recoveries on bonds, stocks, and
other securities
Profits on securities sold
All other

2

Losses and depreciation:
On loans
On bonds, stocks, and other
securities
On banking house, furniture and
fixtures
Other losses and depreciation.
Total

990

990

Percent

Percent

Percent

Percent

84

56

56

58

64

64

9

10

10

201

214

214

725

776

776

21

331

2
352

2
352

23

4

84

50

51

331

354

354

2

Percent
57.87

Percent

Percent

Percent
53.40

Percent.

Percent
53.84

Percent

Percent
53.84

_._
.

Total current expenses. _

Net profits
»Includes 2 banks with deposits of $2,207,000 and $3,514,000, respectively.
Number at end of period.
Number of full-time and part-time employees at end of period.

14 04
2.56
25.53

30.82
1.43
14.35

29.17
1.55
15.44

29.17
1.55
15.44

100.00

__-

Net current earnings
Net losses and depreciation,6 less
profits on securities sold




926

13

_ .

Total gross earnings

2

120

1

Ratios to gross earnings:
Percent
Interest and discount on loans _.
Interest and dividends on invest-

8

120

6

Total

Salaries, wages, and fees..
Interest on deposits
All other current expenses

114

84

Dividends:
On preferred stock. _ _
On common stock

Service charges
All other current earnings

11
46
41

6

_

Net profits before dividends

22

11
46
41

64

Total net earnings, recoveries,
etc

22

9
44
41

6

Total

20

2
2

100.00

100.00

100.00

30.64
20 85
23.83

28.32
18.55
15.55

28.55
18.78
16.36

28.55
18.78
16.36

75.32

62.42

63.69

63.69

24.68

37.58

36.31

36.31

-2.98

-4.03

-3.92

-3.92

21 70

33.55

32.39

32.39

< Includes 1 stock dividend of $1,000.
«Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.

TABLE NO. 35.—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]

Dividends

Capital stock (par value)»
Number of
banks Preferred

Common

Total

YEAR BNDED DEC. 31
1929
1930
1931
1932
1933
1934
1935
1936 . .
1937
1938
1939 . .
1940

_

7,408
7,038
6,373
6,016
* 5,159
— <5,467
5,392
5,331
5,266
5,230
5,193
5,150
7,536
7,252
6,805
6,150
« 4,902
« 5.422
5,431
5,374
5,299

-

_

5 209
5,170
5,136

92,469
349,470
510,511
447,501
305,842
267,495
241.075
204, 244

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
1, 561, 521
1, 532,315

291,944
3,754,398
158,411
3,919,950
3,753,412
» 54,550
3,323,536 »Ifi4,737
2,981,678 » 286,116
2,982,008 3 153,451
3,084,092
158,491
3,143,029
313,826
3,206,194
228,021
3, 281,819
198,649
3, 380. 749
251, 576
3,463, 862
241,465

«53,793
187,661
478,205
500.954
345, 507
279,737
256,155
221,384
194,471

1,617,344
1,690,301
1, 723,035
1.633.617
L, 557, 528
L, 425.947
L, 306,033
I, 262, 522
1,275.166
, 302, 236
,316,066
. 324.159
1,335,649

1.617.344
L, 690,301
L, 723,035
1,633,617
1,611.321
1,613.608
1,784, 238
L, 763. 476
L 620, 673
,
I. 581.973
L. 572, 221
L. 545, 543
L, 530,120

3,674,190
301,804
3,835,095
246, 261
52, 541
3,905, 508
3, 564,857 3 139, 780
3,156,232 3 218, 384
2,920,783 3 303, 546
3,048, 535
71, 372
241, 654
3,123, 493
3,186, 577
286, 561
208,423
3, 246.886
224,954
3, 331, 650
225, 674
3. 425. 667
3, 545, 837
261,281

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.
» Represents aggregate of capital stock, surplus, undivided profits, and reserves.




Net addition to
profits

1,650,574
1,724,028
1,680.780
1,597,037
1,507.834
1,359,573
1,280,813
1,259,027
1,285.946
1,310,243
1,320.446
1, 328,071

YEAR ENDED JUNE 30
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940 .
1941..J

Capital
funds18

On preferred
stock

Ratios

DiviOn com- dends on
preferred
mon
stock to
stock
preferred
capital

558
10,103
18,862
18,166
11, 532
9,378
8.911
8,175

247,897
216,287
194,023
135,381
71,666
82,122
98,786
117,869
136,803
133,142
130. 576
137,183

22
3,430
16,176
20,432
14, 496
9.766
8,468
8,482
8,792

222,672
237,029
211. 301
169,155
99,124
72,418
87,241
105,172
138,979
133,998
129.330
129,048
137, 696

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
3.70
4.00

15.02
12.55
11.54
8.48
4.75
6.04
7.71
9.36
10.64
10.16
9.89
10.33

6.60
5.52
5.17
4 07
2.42
3.09
3.81
4.33
4.63
4.34
4.13
4.20

17.69
9 19
»3.25
* 10 32
8
17.88
8
8.98
8.85
18.39
14.32
12.59
16.11
15.76

7 78
4 04
»1 45
3 4 96
3 9.60
3 5.15
5.14
9.98
7.11
6.05
7.44
6.97

.04
1.83
3.38
4.08
4.20
3.49
3.31
3.83
4.52

13.77
14 02
12.26
10.35
6.36
5.08
6.68
8.33
10.90
10.29
9.83
9.75
10.31

6.06
6 18
5.41
4.75
3.14
2.60
3.39
4.02
4.82
4.43
4.14
4.01
4.13

18 66
14 57
3 05
3 8.56
» 13.55
»18.81
4.00
13.70
17.68
13 17
14.31
14.60
17.08

8 21
6 42
1 35
8
3 92
8
6 92
8
10 39
2 34
7 74
8 99
6 42
6 75
6.59
7.37

a Deficit.
4
Licensed banks, i. e., those operating on an unrestricted basis.
» As of June 30,1933, when preferred stock was first reported.

tel
O

o

a
o

o

d

TABLE NO. 36.—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 , p p . 113 a n d 114]
Percentage of losses
charged off—

IT. S Government
securities *

Other bonds
and securities^

Total bonds
and securities i

Loans and
discounts
(including
overdrafts) l

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

YEAR ENDED DEC. 31
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940

_

_
_
_

.__

_

__

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
8,774,784
9,227, 258

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
3. 775,196
3,815,824

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
12, 549,980
13,043,082

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
8,667,826
9, 327, 731

63,390
71,399
184,305
184, 797
244,924
206, 740
116,309
91, 764
92, 343
115,281
109. 378
107, 960

93.720
135,294
212, 770
261, 567
305, 234
299,189
160,121
154,614
71,844
80,290
67,171
58, 249

0.94
1.05
2.47
2.51
3.23
2.23
1.07
.76
.76
.96
.87
.83

0.62
.92
1.62
2.49
3.56
3.85
2.15
2.00
.84
.94
.77
.62

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
8,935,334
10,148, 943

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
3.790, 291
3, 879, 993

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
12, 725. 625
14, 028, 936

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
8.924. 210
10,139, 237

43,458
61,371
119, 294
201,848
236. 557
241, 789
136, 743
93, 339
94, 069
103,009
116,323
105. 559
97,045

86, 815
103,817
186. 864
259,478
231,420
379,294
188, 237
154,964
111,000
66, 203
84,897
65. 262
51,853

.62
.93
1.64
2.71
3.20
2.95
1.34
.81
.76
.87
.95
.83
.69

.58
.70
1.32
2.17
2.42
4.73
2.50
2.07
1.33
.77
1.01
.73
.51

O

i
o
F
W

YEAR ENDED JUNE 30
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941

_

-_
_

.

—

. . .
_

_
_

i 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. e., December to December, inclusive, and June to June, inclusive.




00

188

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 37.—Foreign branches of American national banks, June 80, 1941
BANK OF AMERICA NATIONAL TRUST AND SAVINGS NATIONAL CITY BANK OF NEW YORK, N. Y.—Con.
ASSOCIATION, SAN FRANCISCO, CALIF.
Colombia:

England:
London.

FIRST NATIONAL BANK OF BOSTON, MASS.

Argentina:
Avellaneda.
Buenos Aires.
Buenos Aires (Alsina).
Buenos Aires (Constitution).
Buenos Aires (Once).
Rosario.
Cuba:
Cienfuegos.
Habana.
Babana (Avenida de Italia).
Habana (Avenida Maximo Gomez).
Sancti Spiritus.
Santiago de Cuba.

CHASE NATIONAL BANK OF NEW YORK, N. Y.:

Canal Zone:
Balboa.
Cristobal.
Cuba:
Habana.
England:
London (Berkeley Square).
London (Bush House, Aldwych).
London (Lombard).
Panama:
Colon.
Panama City.
Puerto Rico:
San Juan.

NATIONAL CITY BANK OF NEW YORK, N. Y.:

Barranquilla.
Bogota.
Medellin.
Cuba:
Caibarien.
Cardenas.
Habana.
Habana (Cuatro Caminos).
Habana (Galiano).
Habana (La Lonja).
Manzanillo.
Matanzas.
Santiago de Cuba.
Dominican Republic:
Barahona.
La Vega.
Puerto Plata.
San Pedro de Macoris.
Santiago de los Caballeros.
Ciudad Trujillo.
England:
London.
London (West End).
Hong Kong:
British Crown Colony.
India:
Bombay.
Bombay (Shaik Memon).
Calcutta.
Japan:
Kobe.
Tokyo.
Yokohama.
Mexico:
Mexico City.
Panama:
Colon.
Panama City.
Peru:
Lima.
Philippine Islands:
Manila.
Puerto Rico:
Arecibo.
Bayamon.
Caguas.
Mayaguez.
Ponce.
San Juan.
Straits Settlements:
Singapore.
Uruguay:
Montevideo.
Venezuela:
Caracas.

Argentina:
Buenos Aires.
Buenos Aires (Flores).
Buenos Aires (Plaza Once).
Rosario.
Brazil:
Pernambuco.
Rio de Janeiro.
Santos.
Sao Paulo.
Burma:
Rangoon.
Canal Zone:
Balboa.
Cristobal.
Chile:
Santiago.
Valparaiso.
China:
Canton.
Darien (Manchuria).
Peiping.
Shanghai.
Shanghai (French Concession).
Tientsin.
NOTE.—Consolidated statement of the assets and liabilities of the above-named branches as of June
30,1941, appears in the following table.




189

EEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 38.—Consolidated statement of assets and liabilities of foreign branches
of national banks, June SO, 1941
[In thousands of dollars]
Bank of
America
National
Trust and
Savings
Association,
San Francisco, Calif.

Number of branches

The
First
National
Bank of
Boston,
Mass.

The
The
Chase
National
National
City •
Bank of
Bank of
New York, New York,

N.Y.

Total

N.Y.

1

12

9

60

82

111

23, 894
5,462
7,634

23, 625
5,448
5,176

117, 749
3,414
42,095

165,379
14,324
54,905

1,291

18, 526
2,521
134

18, 580
37,413
285

60, 679
90, 338
3,033

99, 076
130, 272
3,452

2

2,720
620

51
555

2,192
3,502

4,963
4,679

1,404

61, 511

91,133

323, 002

477,050

1,352

33,083

56,453

199, 724

290,612

5
11

19,316
111
1,084

8,818
4,433
17,493

47,923
19, 226
19,667

76,062
23, 770
38, 255

3

1,194

1,556

6,182

8,935

1,371

54,788
2,170
26

88, 753
157

292,722
23,728
1,703

437,634
26,055
* 1,729

33

2,875
1,490

51
1,456

2,600
1,435

5,526
4,414

1,404

61,349

90,417

322,188

475,358

162

716

814

1,692

91,133

323,002

477,050

ASSETS

Loans and discounts, including overdrafts
and rediscounts
Investments
Cash in vault
Balances with other banks and cash items
in process of collection
Due from home office and branches
Real estate, furniture and fixtures
Customers' liability on account of acceptances
Other assets
Total assets
LIABILITIES

Demand deposits of individuals, partnerships, and corporations
_
Time deposits of individuals, partnerships,
and corporations
State and municipal deposits
Deposits of banks
Certified and cashiers' checks, cash letters
of credit, and travelers' checks outstanding
Total deposits

Due to home office and branches
Bills payable and rediscounts
Acceptances executed by or for account of
reporting branches
Other liabilities
Total liabilities

_.

m

CAPITAL ACCOUNTS

Undivided profits, including reserve accounts
Total liabilities and capital accounts..

1,404

NOTE.—For location of foreign branches see preceding table.




61, 511

190

REPORT OF THE

COMPTROLLER OF THE

CURRENCY

TABLE NO. 39.—Assets and liabilities of all banks in District of Columbia at date of
each call during year ended Oct. 31, 1941
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

22 banks 22 banks 22 banks 22 banks
ASSETS

Loans and discounts
_
..
_
Overdrafts
U. S. Goverment 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 and approved reserve
agencies
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.

128,201
20
86,981
25,455
2,272
19. 803
1,878

132,091
16
92,503
24,826
2,435
20.102
1,825

137,866
30
94,023
27,076
2,404
19,234
1,811

143,456
70
96.868
28,964
2,030
19,027
1,848

95,620
12,820

108, 395
12,647

109,632
12, 796

126,053
15,373

76,065
15,344
3,115

70, 685
15, 317
3,144

77, 526
15, 259
2,771

74,646
15, 267
2,743

2,270
5
473

2,540
5
534

2,539
479

2,536
6
404

489

491
487, 556

443
503, 893

551
529,842

264,321
123,091
112
1,751
93
39,143
43, 676
3,917
5,754
419, 70S 436,961
299, 577 SIS, 188
120,126 123, 773

273, 219
124, 699
112
2,190
51
44, 939
5,494
450,704
325,278
125,426

296,010
126, 357
112
2,200
38
47, 330
5,386
477,433
350,349
127,084

531
773
761
421, 773

557
625
584
438,732

878
2,063
454,257

647
1,113
840
480,039

945
1,250
17,350
19,645
17, 290
9,920
2,283
49,038

600
1,100
17, 400
19,100
17, 726
9,886
2,112
48, 824

525
1,100
17, 400
19,025
17, 996
10, 416
2,199
49, 636

470,811

487, 556

503, 893

529, 842

15,444

15, 776

19,172

20,212

486

460

414

4,721
20, 651

4,663
20,899

4,814
24,400

4,954
25, 506

13,323

12,259

13,442

13,323

12,259

12,889
1
12,890

470,811

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,.

253, 290
119, 323
158
1,935
100

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

—

Total capital accounts
Total liabilities and capital accounts

474
1,100
17,650
19, »U

18,825
9,545
2,209
49,803

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
Other liabilities secured by pledged assets
Total




13,442

REPORT OF THE COMPTROLLER OF THE CURRENCY

191

TABLE N O . 40.—Assets and liabilities of savings and State banks in District of
Columbia at date of each call during year ended Oct. 31. 1941
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

8 banks

8 banks

8 banks

8 banks

27,760
2
1,317
1,645
16
1,464
59

28, 737
2
1,562
1,636
8
1,439
61

30,436
5
1,775
1,924
15
1,428
62

31, 223
4
1,432
1,970
9
1,457

6,822
1,897

8,840
1,879

7,956
1,907

8,533
2,307

6,230
1,104
7

5,077
1,105
9

5,767
1,094
25

7,545
1,113
26

345

344

343

343
2

48, 704

50, 764

52,811

20, 754
21, 898
58
100
6
264
421
43,501
21, 490
22,011

21, 618
23, 308
12
16
5
235
349
45,543
22, 203
23,340

22, 362
24,166
12
137
6
305
416
47, 404
23,161
24,243

366
163
69
44,099

391
180
56

423
185
102

46,170

48,114

ASSETS

Loans and discounts
Overdrafts
IT. S. Government securities, direct obligations
Obligations guaranteed by IT. S. Go vernment
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of FederalReserve bank
Reserve with Federal Reserve bank and approved reserve
agencies...
Currency and coin
Balances with other banks, and cash items nrprocess 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.

22
57
56, 111

LIABILITIES

Demand deposits of individuals, partnerships, and'corpqrations.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Depositsof 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..

24, 367
25, 358
12
147
345
50,631
25,196
25,435

456
194
91
51, 374

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.
Total capital accounts
Total liabilities and capital accounts

474
200
1,550
2,224
1,479

695
250
1,250
2,195
1,374
583
453
4,605
48, 704

600
200
1,300
2,100
1,554
552

525
200
1,300
2,025
1, 659
625

4.594
50, 764

4.697
52, 811

56, 111

237

231

357

362

77

83

140

214

314

314

497

626

180

39

161

170

180

39

162

~L70

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
Other liabilities secured by pledged assets
Total.




50

192

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 41.—Assets and liabilities of trust companies in District of Columbia at
date of each call during year ended Oct. 31, 1941
[In thousands of dollars]
Dec. 31,
1940

Apr. 4,
1941

June 30,
1941

Sept. 24,
1941

5 banks

5 banks

5 banks

5 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 and approved reserve
agencies
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
_
_

41,841
3
34, 060
8,044
1,382
8,053
1,092

42, 995
3
37, 363
6, 454
1,330
7,854
1,075

44,006
3
39,700
6,783
857
7,804
1,105

24, 646
3,140

26, 214
3,354

22, 713
3,012

26, 322
3,599

20, 397
7,105
2,385

18, 226
7,092
2,223

20,818
7,076
2,150

18,579
7,038
2,100

1,925

2,196

2,196

2,193

320
125

309
202

315
153

277
209

150, 742

Total assets

40,397
3
32,191
8,049
1,210
7,727
1,122

154, 291

155, 507

160, 575

74,463
48,127
415
2,662
1, 554

77,835
48,894
679
3,000
814
181,222
82,278
48,944

79,060
48,978
797
1,830
799
131,464
88,436

83, 806
48, 501
799
2,862
630
136,598
88,047
48,551

13
254

15
389
717

12
487
442

131, 787

132, 585

137, 539

8,400
8,400
8,977
4,203

8,400
8,400
8,977
4,554

8,400
8,400
9,986
3,606

LIABILITIES

Demand deposits of individuals, partnerships, and corporations.
Time deposits of individuals, partnerships, and corporations...
Deposits of U. S. Government
_
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...

127,221
79,0U
48,177
14
340
466
128,041

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.

250
8,400
8,650
8,971
4,122
958

924

991

1,044

22, 701

22, 504

22, 922

23,036

150, 742

154, 291

155, 507

160, 575

5,031

5,404

6,311

6,465

2,331

2,266

2,305

2,376

7,362

7,670

8,616

8,841

4,105

4,739

4,699

4,105

4,739

MEMORANDA

Pledged 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
Total.Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of law
_.Total




4,480

193

REPORT OF THE COMPTROLLER OP THE CURRENCY

TABLE N O . 42.—Earnings, expenses, and dividends of banks in the District of

Columbia for the 6-month periods ended June 30, 1941, and 1940 1
[In thousands of dollars]

6 months ended June 30—
National
banks

Trust companies

Savings
banks

Total

1941
N u m b e r of b a n k s

•_
_

1940

1941

1940

1941

1940

1941

9

9

5

5

8

8

22

22

1,219

904

860

745

676 2,998

2,755

951
28

715
66

703
72

184
86

47 1,817
181
67

1,701
167

3
133
164
141
2

3
327
74
281
39

6
329
69
282
41

174
25
8

5
493
431
452
51

9
462
391
445
52

2,641 2,409 2,362 1,222

979 6,428

5,982

Gross earnings:
1,349
Interest and discount on loans
Interest and dividends on bonds, stocks, and
918
other securities
29
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
2
loans, investments, and bank balances)
Trust department- .
._ .__ 166
183
Service charges on deposit accounts
146
Rent received
4
Other current earnings
2,797
Total earnings from current operations. _

158
22
9

1940

Expenses:
Salaries and wages:
Officers

Employees other than officers
2

Number
Number

of officers .
of employees other than officers

3

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

363
576
ISO
845

359
537
ISO
775

269
540
79
788

268
526
80
743

112
218
62
380

744
105
182 1,334
59
271
307 2,013

732
1,245
269
1,825

24
357
65
188
468

23
360
62
157
435

17
322
83
166
407

19
358
83
148
421

8
139
7
122
204

8
49
143
818
155
7
476
89
189 1,079

50
861
152
394
1,045

2,041 1,933 1,804 1,823

810

723 4, 655

4,479

605

539

412

256 1,773

1, 503

55
107
301
7

33
56
246
28

28
7
86
71

34
2
17
1

470

363

192

54

39 1.019

701

1,358 1,178

968

731

466

295 2,792

2,204

62
64
85
84

31
18
20
10

16
26
28
15

133
422
200
156

128
358
153
112

85

911

751

210 1,881

1,453

Net operating earnings

756

708

Recoveries, profits on securities sold, etc.:
Recoveries on loans
_. .
Recoveries on bonds, stocks, and other securitiesProfits on securities sold.
Allother
Total.
_.

101
118
379
4
602

Total net earnings, reco veries, etc...
Losses and depreciation:
On loans .__ On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
Total

._.

56
363
94
112

50
268
40
13

46
41
86
34

13
8
12
6

168
176
642
33

96
122
399
84

625

371

207

295

79

Net profits before dividends

733

807

761

436

387

Interest and dividends:
On capital notes and debentures
On preferred stock
On common stock

4

6

18
330

21
324

286

296

12
4
M10

11
8
56

16
22
726

17
29
676

348

345

290

302

126

75

764

722

Total

» Excludes the Export-Import Bank of Washington.
a
Number at end of period.
* Number of full-time and part-time employees at end of period.
«Includes 1 stock dividend of $50,000.




194

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—Earnings, expenses, and dividends of banks l in the District of

Columbia, years ended Dec. 31, 1940 and 1989
fin thousands of dollars]

Years ended Dec. 31—
National
banks
1940

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 2
Number of employees other than officers 3

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 operating earnings

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
Total

1,848 1,996 1,414 1,454
125
143
60
57
4
340
332
279
5

5
230
300
267
31

Total
Number of banks
_
Loans *
Investments4
.
.
Capital stock,4capital notes and debentures *
Capital funds 8

1940

Total

1939

1940

1939

10
694
138
585
81

8
805
129
601
82

101
143

121 3,363 3,571
140
325
343

319
44
21

267
45
22

14
13
1,034 1,035
696
789
913
908
107
135

5,388 5,156 4,801 4,910 2,003 1,846 12,192 11,912

723
703
523
537
1,118 1,065 1,080 1,065
81
128
78
128
731
747
717
736
46
701
126
324
873

39
677
128
269
826

37
683
168
286
804

31
733
175
299
816

234
395
59
307

205 1,494 1,431
358 2,593 2,488
263
265
H
288 1,785 1,786

16
283
14
200
371

15
99
85
260 1, 667 1,670
14
308
317
156
810
724
347 2,048 1,989

3, 911 3,707 3, 595 3,642 1,513 1,355 9,019 8,704
490

491 3,173 3,208
193
137
351
493
830 1,408
137
54

45
48
149
95

51
62
281
30

29
18
46
21

1,488

337

424

114

180 1,511 2,092

2,537 2,937 1,543 1,692

.

59
394
1,016
19

604

671 4,684 5,300

178
533
170
56

167
883
98
22

937 1,170

^_.

Interest and dividends:
On capital notes and debentures
On preferred stock
On common stock




1939

1,477 1,449 1,206 1,268

Total net earnings, recoveries, etc.

See footnotes at end of table.

1940

Savings
banks

2,523 2,267 1,754 1,688 1,375 1,251 5,652 5,206

Recoveries, profits on securities sold, etc.:
119
Recoveries on loans .
...
Recoveries on bonds, stocks, and other securities. _ 285
635
Profits on securities sold
.
21
All other
1,060
Total...

Net profits before dividends

1939

Trust companies

1,600 1,767

41
52
61
21

27
37
111
5

152
147
171
116

48
71
170
176

586

465

175

210 1, 698 1,845

957 1,227

429

461 2,986 3,455

42
91
62
15

371
257
732 1,045
402
330
193
213

10

16

39
665

46
655

650

640

18
17
101

24
28
40
1
56
47
84 1,416 1,379

704

701

660

656

136

109 1,500 1,466

9
5
8
9
5
55, 258 47, 623 38, 672 35, 703 25, 393
81, 702 80,861 49,123 48,468 4,309
8,725 8,858 8,681 8,850 2,218
21, 212 20, 540 22, 527 22, 389 4,452

22
8
22
21, 965 119,323 105,291
4,744 135,134 134,073
2,095 19,624 19,803
4,037 48,191 46,966

195

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—Earnings, expenses, and dividends of banks in the District of
Columbia, years ended Dec. SI, 1940 and 1939 1—Continued
Years ended Dec. 31
National
banks

Trust companies

Savings
banks

Total

1940
Ratios to gross earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings
Total gross earnings
Salaries, wages and fees
Interest on deposits
Allother current expenses
Total current expenses.

1939

1940 1939

1940 1939

1940 1939

Percent
46.83
34.30
6.16
12.71

Percent
43.97
38.71
5.82
11.50

Percent
36.53
29.45
2.88
31.14

Percent
68.65
5.04
15. 93
10.38

Percent
46.36
27.58
6.47
19.59

Percent
34.38
29.61
2.63
33.38

Percent
67.77
6.56
14.46
11.21

Percent
43.70
29.98
5.84
20.48

100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
35.02 35.05 34.45 32.97 32.20 31.31 34.33 33.61
13.01 13.13 14.23 14.93 14.13 14.08 13.67 14.02
24.56 23.72 26.20 26.27 29.21 28.01 25. 97 25.44
72.59 71.90 74.88 74.17

Net operating earnings
28.10
29.70 34.27
Net profits
Ratios to loans:
Interest and discount on loans
4.57 4.76
Net losses (—) or recoveries (+) on loans
-.11 -.23
Ratios to investments:
Interest and dividends on investments
2.26 2.47
Profits on securities sold
.78 1.26
Net losses (—) or recoveries (+) on investments. _ - . 3 0 - . 6 0
Ratios to capital stock, capital notes, and debentures:
Net operating earnings
16.93 16.36
Net profits before dividends
18.34 19.95
Interest and dividends
8.07 7.91
Ratios to capital funds:
Net operating earnings
6.96 7.05
Net profits before dividends
7.54 8.60
Interest and dividends.
3.32 3.41
Ratio of net profits to net operating earnings
108.33 121.95

73.40 73.97 73.07

25.12 25.83 24.46 26.60 26.03 26.93
19.93 24.99
24.97 24.49 29.00
4.54 4.73 5.41 5.70 4.74 4.94
- . 2 8 +.01 - . 0 5 - . 0 7 - . 1 5 - . 1 1
2.88 3.00 2.34 2.55 2.49 2.66
.30
.58 1.07 2.34 .61 1.05
- . 2 0 - . 0 2 - . 7 9 -1.14 - . 2 8 - . 4 1
13.89 14.33 22.09 23.44 16.17 16.20
11.02 13.86 19.34 22.00 15.22 17.45
7.60 7.41 6.13 5.20 7.64 7.40
5.35 5.66 11.01 12.16 6.58 6.83
4.25 5.48 9.64 11.42 6.20 7.36
2.93 2.93 3.05 2.70 3.11 3.12
79.35 96.77 87.55 93.89 94.11 107.70

1
Excludes the Export-Import Bank of Washington.
2 Number at end of period.
Number of full-time and part-time employees at end of period.
Figures for loans, investments, 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 6December, inclusive.
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 preferred stock, capital notes and debentures, and reserves for contingencies, etc.
3
4




TABLE NO. 44.—Capital, capital funds, net addition to profits, and interest and dividends of all banks in the District of Columbia

CO

[Figures for calendar years beginning 1926 and fiscal years beginning 1919 published in report for 1940, pp. 200 and 201]
[In thousands of dollars]
Interest and dividends

Capital i

Total

Interest on Dividends
Capital Net adTotal in- Net addition to
capital
dition
profits
funds to prof- On cap- On pre- On com- notes and on pre- Dividends Total in- terest
on comterest
(12)
ital notes ferred
ferred
mon debentures stock to mon stock and divi- and diviits
and dedends to
to capital
common
capibentures stock stock notes and preferred to capital dends to capital To capi- Total
capital
funds
tal
debentures capital
funds

300
1,340
1,790
1,536
1,419
1,303
1,295
999

24 008
23.328
23.072
19,216
1,575 r 18,345
18.235
1,650
18, 243
1,6*0
1,554
18, 250
1,355
18.060
17,300
1,208
1,288
17,338

24,008
23,328
23, 072
19,516
21, 260
21,675
21,429
21,223
20. 718
19,803
19, 625

52 638
2,983
52, 066
1,514
50.062 ' 1,218
41.119 3 2,186
39.849
•416
40,843
2,501
42. 263
3,744
44, 365
2,966
45,181
2,480
46,966
3,455
2,986
48,191

1 000
1,850
1,670
1.477
1,347
1,273
1,183
760

24,509
23 568
23,328
21, 577
18,191
18, 285
18, 238
18. 250
18.250
17^680
17, 320
17, 375

24,509
23 568
23. 328
21.577
20, 091
21, 755
21, 558
21,333
21,017
20, 230
19. 705
19,310

52,789
52 350
51,485
46,863
39.385
40, 54S
41,545
43, 767
45, 109
46, 222
47,692
48,952

Num- Capital Preber of
banks notes ferred
and
stock
deben- (par
tures value)

YEAR ENDED
DEC. 31
1930
1931
1932
1933.
- .
1934
_
1935
1936..
1937
1938
1939
1940

39
39
34
21
22
22
22
22
22
22
22

Ratios

Common
Ftock
(par
value)

31
77
58
47
41
40
28

34
68
68
59
50
47
56

2.755
2.648
2,278
1,006
901
996
1,083
1,194
1,298
1,379
1,416

69
66
67
53
50
50
53

2,888
2, 737
2,530
1,651
847
902
1,030
1,183
1.203
1.368
1.394
1,466

2.31
4.30
3.78
3.31
3.15
3.09
2.80

2.16
4.12
4.12
3.80
3.69
3.89
4.35

11.48
11.35
9.87
5.24
4.91
5.46
5.94
6.54
7.19
7.97
8.17

11.48
11.35
9.87
5.24
4.54
5.26
5.64
6.13
6.70
7.40
7.64

5.23
5.09
4.55
2.45
2.42
2.79
2.86
2.93
3.05
3.12
3.11

12.43
6.49
3
5.28
3
11.20
3
1.96
11.54
17.47
13.98
11.97
17.45
15.22

5 67
2.91
3
2.43
3
5.32
3
1.04
6.12
8.86
6.69
5.45
7.36
6.20

4.26
4.00
4.17
3.73
3.92
4.16
4.51

11.78
11.61
10.85
7.65
4.66
4.93
5.65
6.48
6.59
7.74
8.05
8.44

11.78
11.61
10.85
7.65
4.11
4.77
5.40
6.10
6.19
7.21
7 52

5.47
5.23
4.91
3.52
2.16
2.56
2.80
2.97
2.88
3.15
3.11
3.15

14.86
11.71
5.71
3
12.87
3
6. 62
3.70
13.79
17.48
12.49
15.44
13.87
17.68

6.90
5 27
2 59
3
5. 93
a
3 48
1.99
7.16
8.52
5.82
6.76
5.73
6.97

YEAR ENDED
JUNE SO
1930
1931
1932
1933
1934
1935
1936
1937
1938.
1939
1940
1941

40
39
39
20
21
22
22
22
22
22
22
22

1,500
1,620
1,650
1,606
1,420
1.277
1,202
1,175

3,642
2 760
1,332
3 2, 777
3 1, 370
805
2,973
R,728
2,626
3.123
2.733
3,414

4
67
68
51
44
40
37
23

i Figures for capital 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.t from
December to December, inclusive, and June to June, inclusive.




.40
3.62
4.07
3.45
3.27
3.14
3.13

3.03

7.99

» Represents aggregate of capital, surplus, undivided profits, and reserves.
»Deficit.

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TABLE NO. 45.—Loans and investments and losses charged off on loans and investments by all banks in the District of Columbia
[Figures for calendar years beginning 1926 and fiscal years beginning 1919 published in report for 1940, p . 202]
[In thousands of dollars]
Percentage of losses charged off—
Losses
Losses
On loans and
charged off charged off On loans and
On bonds
investments
discounts to
on bonds
on loans
and securi- to total loans
total loans
and securiand disties to total
and disand investties
counts
investments
counts
ments

Loans and
discounts
(including
overdrafts) 1

U.S.
Government securities *

Other
bonds
and securities i

Total
bonds
and securities i

Total
loans
and
investments i

177, 620
159, 495
137, 691
100, 653
88,108
84,381
89,801
99,976
100,398
105, 291
119,323

33,019
46,367
57,981
65,385
77, 442
88,389
96,882
113, 687
111,677
110,696
110,616

35,487
44, 657
43, 299
31, 668
27, 756
27, 618
27,823
26, 433
23, 565
23. 377
24,518

68,506
91,024
101,280
97,053
105,198
116,007
124, 705
140,120
135, 242
134,073
135,134

246,126
250, 519
238,971
197,706
193,306
200,388
214, 506
240,096
235, 640
239,364
254,456

756
1,338
1,209
2, 255
2,847
1,142
946
347
416
257
371

233
1,120
1,178
2,145
930
496
845
811
892
1,045
732

.43
.84
.88
2.24
3.23
1.35
1.05
.35
.41
.24
.31

.34
1.23
1.16
2.21
.88
.43
.68
.58
.66
.78
.64

.40
.98
1.00
2.23
1.95
.82
.83
.48
.56
.54
.43

187,654
168,102
152, 223
122,082
91,017
85, 226
86, 334
96, 784
101, 372
100, 778
112, 300
129, 905

28, 396
39,067
51,853
60, 227
71, 573
81.985
92,383
110.075
111,685
110.680
108, 880
115,081

33, 507
40,752
45,189
39,155
27,873
27,689
27,689
27, 444
24, 358
23. 589
24, 360
24, 314

61,903
79, 819
97.042
99, 382
99. 446
109, 674
120,072
137, 519
136,043
134, 269
133, 240
139,395

249,557
247,921
249, 265
221,464
190, 463
194,900
206, 406
234,303
237,415
235,047
245, 540
269, 300

491
890
1,310
1,348
2,888
2,320
1,106
548
418
258
302
376

178
563
1,029
2,031
1,351
693
707
859
830
964
886
796

.26
.53
.86
1.10
3.17
2.72
1.28
.57
.41
.26
.27
.29

.29
.71
1.06
2.04
1.36
.63
.59
.62
.61
.72
.66
.57

.27
.59
.94
1.53
2.23
1.55
.88
.60
.53
.52
.48
.44

YEAR ENDED DEC. 31
1930
1931 . . .
1932
1933.-.
1934
1935
1936 .
1937... .
1938
1939...
1940 .
1930
1931
1932
1933 .
1934
1935 .
1936
1937 . .
1938
1939 . .
1)40
1941

...

.

. .
_ _

_

YEAR ENDED JUNE 30
_
_

_

_

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1

Figures for loans and investments 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., December
to December, inclusive, and June to June, inclusive.




CO

TABLE NO. 46.—Individual statements of assets and liabilities of the 26 building and loan associations in the District of Columbia, Dec. 31,1940
OO

ASSETS
[Cents omitted]
Real
estate
loans

Name of association

American 1
Anacostia l
Brookland
Citizens' Equitable
Columbia Permanent
District i
Eastern i
Electric
Enterprise
Equitable Cooperative
Home
Home Loan and Savings
Home Mutual *

. .

Hyattsville

Interstate * _ _.
_
Kenilworth
Metropolis
Mutual
National Permanent
Northeast
_
Northern Liberty
Oriental
Perpetual
Progressive *
Prudential^
Washington Permanent
Total

. _

._ --

Stock
loans

$12, 555,822
252,897
341, 409
382,600
2,107,176
2,043,975
4, 512,400
40,453
2,044,901
7,254,923
929,484
118,239
157 842
7,159,842
3,414,255
9,996
6,065,200
672,334
10,654,090
1,648,600
5,230,193
6, 205,150
49, 904,231
402,114
3, 567, 700
9,487,125

$71,367
2,422

1,750
60,788

137,162,951

465,126

702
5,082
10,360
2,273
9,218
67,089
9,491
2,409
25,181
492
13,100
10,800
33,585
26,000
58,400
11,900
42, 717

Federal
Other
Home Loan securities
Bank stock

10,557
7,709
231, 558

90,000

50. 000
49,969

1,044,300

679, 822

4,833,166

35,600

16,900
20,000
45,000
102,500
7,500
2,000
65,900
33,400

50,000
50,000

51,000

25, 675

81,400
16,000
42,000
51, 000
403,200
5,000

* Accounts Insured by Federal Savings and Loan Insurance Corporation,




Real
estate
sold on
contract

$396,183
3,397
62, 491
34, 253
53,044
96,555
51,952
5,249
28,245
923, 821
2,556
10, 889
20,554
281,263
113,012
405
28, 793
9,754
47, 683
61,431
369, 870
41,918
1, 785, 780
16,176
65,232
322, 660

$106,000
3,000
5,000

$71,250

Cash and
bank
balances

124,828
50,000
70,000

$8, 651

Office
building,

furniture
and fixtures
$152,281
40
100

Other real
estate
owned

Interest
accrued,
not collected

Total
assets

Other
assets

55,375

1
16,527
435
191,061

$13,374,869
261,756
444,657
418,766
2,179,552
2,225,936
4, 620,908
47,975
2,082, 365
8, 788,214
970,481
150,180
188,171
7,874,933
3,612,398
10,893
6,255,557
695,781
11, 219,339
1,801,734
5,825,291
6,412,469
52, 671,597
439,817
3,694,981
10,381,807

65,220

870,824

146,650,427

$2,628

$10, 687

57
$1,913

1,730
2,185
500
8,067

1
70,000
16,094
490
66
31,256
1,731

2,253

846
696

953

55,040

341,032
4,403
639

20,782
6,957
29, 933

4,675

56,500
1,972
93,481
44,600

12,550

52,50l
354,492

98,626

20,354

500
44,475

9,364
60,000

312, 634

924,995

291,389

8,513

4,085
641

2,691
280
309,100
428

2

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LIABILITIES
[Cents omitted]

Name of association
American
Anacostia
Brookland
Citizens' Equitable
Columbia Permanent
District
E astern
Electric
Enterprise
Equitable Cooperative
Home
Home Loan and Savings^.
Home Mutual
Hyattsville
Interstate
Kenilworth
Metropolis
Mutual
National Permanent
Northeast
Northern Liberty
Oriental
Perpetual
Progressive
Prudential
Washington Perm anent _ _
Total




Investment
shares
unpledged

$11,409,316
215,173
423,163
347, 640
1, 913,859
1, 783, 572
3, 887, 017
46, 091
1, 726,929
5, 262, 607
851,340
87, 735
166, 568
6, 690, 111
2, 780,123
8,828
5, 325,177

Mortgage
pledged
shares

Incomplete
loans
$39,414

$6, 520
5,193
40,113

137, 550
143, 584

123,835,493

$250,000
32, 250
100, 000
200, 000
320, 000
200, 000

26, 575

335, 050
64,787
22, 663
4,809
128, 533

36, 000

221, 479
277, 780
49, 050

164, 326
9, 568,929
1, 655,038
4,854, 743
5,366,653
46,823, 989
327, 201
2, 915, 806
8, 929, 537

Bills
payable

309,100
55, 037
293, 512
255, 938
256, 756
1,324,762

400, 000
700
85, 000
17,500
525, 000

22, 800
840, 765
16, 365
155, 931
188, 700

100, 000

2,737,568

2,439,450

73, 000
100, 000

Other
liabilities

Total
liabilities

$76,639 $11, 775, 369
1,757
39, 247
1,323
241
1,367
9,651
65
61
605
45
694
1,347
19
30
664
11, 701
7, 036
65,197
22, 399

253, 943
428, 356
349, 397
2, 053,106
2,162, 558
4, 350, 601
46, 091
1, 953, 745
5, 599,024
925, 778
146,463
171, 377
7, 040,184
3, 458, 508
9,573
5, 459, 227
650, 868
10, 404, 376
1, 710, 094
5,148, 285
5, 746,055
47, 676, 455
423, 602
3, 493, 690
9,140, 636

240,088 130, 577, 361

Surplus
fund

Net undivided
profits

$186, 738
1,909
2,251
5,390

Keserves
$412, 762
5,904
5,050
33,979

Total
capital
accounts

150, 000
800, 000

59,835
40,100
86, 659
41, 640
184, 390
146, 748
597, 380
8,688
13, 791
421, 669

897, 762
7,527
37, 500
19, 502

$1, 599, 500
7,813
16, 301
69, 369
126,446
63, 378
270, 307
1,884
128, 620
3,189,190
44,703
3,717
16, 794
834, 749
153, 890
1,320
796, 330
44, 913
814, 963
91, 640
677,006
666, 414
4, 995,142
16, 215
201, 291
1, 241,171

8, 871,168

2, 529, 750

4,672,148

16, 073,066

$1,000,000
9,000
30, 000
126,446
48, 316
160, 000
725
83, 000
712, 707

13, 088
604
575, 000
600,
50,
492,
519,
3, 500,

000
000
616
666
000

88, 355
1,159
10, 620
44, 703
17
14, 979
459, 787
112, 942

15, 062
21, 952
35, 000
2, 476,483
3,700
1,815
374, 962
27,860
716
161,495
4,813
128, 304

Total
liabilities

and capital
accounts
$13, 374,869
261, 756
444, 657
418, 766
2,179, 552
2, 225,936
4,620,908
47, 975
2, 082, 365
8, 788, 214
970,481
150,180
188,171
7,874,933
3, 612, 398
10,893
6, 255, 557
695, 781
11, 219, 339
1,801, 734
5, 825, 291
6,412,469
52, 671, 597
439, 817
3,694,981
10,381,807
146,650,427

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200

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 47.—Summary of assets and liabilities Dec. 81, 1940, and receipts and
disbursements in year ended Dec. 31,1940, of the 26 building and loan associations
in the District of Columbia
[In thousands of dollars]
Amount

Assets
Real estate loans
Stock loans
Federal Home Loan Bank stock
_.
Other securities
Cash and bank balances
--_
Real estate sold on contract
Office building, furniture and fixtures._.
Other real estate owned
Interest accrued, not collected
.-.
Other assets

137,163
465
1,044
680
4,833
313
925
291
65
871

Liabilities

Amount

Investment shares, unpledged
Mortgage pledged shares.
Incomplete loans
Bills payable
Other liabilities

123,835
1,325
2,738
2,439
240

Total liabilities

130, 577

CAPITAL ACCOUNTS

Surplusfund
Net undivided profits
Reserves

_ .

8,871
2, 530
4,672

Total capital accounts
Total assets

146,650

Total liabilities
accounts

and

16,073
capital
146, 650

R E C E I P T S AND DISBURSEMENTS I N YEAR E N D E D D E C . 31, 1940
Receipts
Real estate loans
Stock loans
Investment shares, unpledged
Mortgage pledged shares.
Incomplete loans
Bills payable
Interest accrued, not collected
Other receipts

Amount
...

Total capital receipts

38,109
414
25,313
1,595
10, 515
2,734
19
5,903
84,602

Disbursements
Real estate loans
Stock loans
Investment shares, unpledged
Mortgage pledged shares
Incomplete loans
Bills payable
Interest accrued, not collected
Other disbursements

___.

46,069
392

18,371
1, 556
10,096
2,933

18
5,905

Total capital disbursements

85, 340

EXPENSES

EARNINGS

Interest on loans
Commission on loans
Premium on loans
Fees and fines
Commission on insurance
Rent received
Profit on sale of assets
Recoveries on charged off assets
Other earnings

7, 615
29
9
46
35
53
14
4
57

Total earnings
Cash and bank balances at beginning of
period

7,862

Grand total

Amount

4,004

96, 468

Salaries and fees paid officers and
directors
Salaries paid employees
Taxes and insurance
Rent paid
Interest on borrowed money
Dividends
Losses and depreciation charged off
Other expenses

6,295

Total expenses
Cash and bank balances at end of period
Grand total

359
284
187
36
72
4,932
116
309

...

4,833
96, 468

NOTE.—Number of borrowing members, 37,711; nonborrowing, 104,147. Number of associations members
o r Federal Home Loan Bank System, 18. Number of associations with shares insured by the Federal Savings
and Loan Insurance Corporation, 8.




201

EEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 48.—Individual statements of assets and liabilities of the 25 District of

Columbia credit unions, Dec. 31, 1940
ASSETS
[Cents omitted]
Investments

Name of credit union

A. G. 0
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. 1O5.._
F. E. U., No. 261
F. E. XL, Local 262
G. A. 0 . Employees'
In-Com-Co
Marcom
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

Building
association
shares

Loans

$32,330
131, 570
2,910
29,983
97,904
17,330
85, 872
25,396
17,959
256,601
99, 696
42,042
9,486
74, 789
116,108
60, 537

Other

$6,009
20,804
94

$13,698
5,000
10,639
31,291
3,597
123
10,300
18,944 $15, 200
7,613
59,495
1,512

Cash and Furniture Other
bank
and
balances fixtures assets

14,910

$33
65

5,344
23,256
1,954
6,711
5,655
1,773
16,133
16, 788
17,812
1,312
17, 583
43, 077
3,396

71
100

$4

191
29

76
80
120
133
1,823

Total

$38,372
166,141
3,004
40,398
131, 799
19,475
124,003
34, 648
19,931
283,114
116,604
93,998
10, 798
100,118
235,413
65,445

9,449
4,992
1,750
2,688
1,933
3,594

233

166

93,064
38,061
11, 572
16,623
7,738
190,648

15,413

10, 767
25,173
2,829

259
488
65

122,416
249,158
14, 798

45, 655

250,876

3,763

228

Net
Reserve
undi- fund for
Bills
vided bad debts payable
profits

Other
liabilities

5,000
5,940
2,568
3,105

78, 250
27,129
7,254
10, 775
5,805
180, 570

6,318

95, 977
180, 731
11, 792

42, 766
112

1, 698,796

228,021

132

51

4

2,227,339

LIABILITIES

Surplus
fund

Name of credit union

Shares
paid in

A. G. O
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'
In-Com-Co
Marcom
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'
-

$36,061
151,858
2,560

$100
1,000

37, 533
120, 205
16, 434
114,997
31,082
]6,601
228, 594
107, 551
88, 870
10, 240
92,491
217,494
57,867

2,272
6,620
1,152
4,173
2,662
500 1,332
27, 882
8,818
3,823
265
6,229
4,500 6,592
6, 067

573
4,974
880
4,825
896
498
11,138
225
1,302
144
1,398
6,756
1, 511

83,034
33, 081
10,246
14, 699
6,915
168,191

1,000

6,987
1,958
600
1,154
534
12, 632

2,043
3,022
726
770
289
9,825

93, 064
38,061
11, 572
16,623
7,738
190, 648

111, 456
223, 729
13, 749

250

6,126
12,169

4,584
13, 260
310

122, 416
249,158
14,798

7,450 130,015

76, 516

Total-




1, 995, 538

$1,364
7,708
257

100

$834
5,546
187

Total

$13
29

$38,372
166,141
3,004

20

40, 398
131, 799
19,475
124,003
34, 648
19,931
283,114
116, 604
93,998
10, 798
100,118
235,413
65,445

$1,000
1,000
15,500
10
3
149
71

17,581

239

2, 227, 339

202

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 49.—Summary of assets and liabilities Dec. 81, 1940, and receipts and
disbursements in year ended Dec. 31, 1940, of the 25 District of Columbia credit
unions
[Cents omitted]
Amounts

Assets
Loans
Building association investments
Other investments
Deposits in banks
Cash on hand
Furniture and fixtures
Other assets
..

_

Total assets

Liabilities

Amount

$1,698,796
228,021
45,655
217,110
33, 766
3,763
228

Shares paid in
Surplus fund
Net undivided profits
Reserve fund for bad debts
Bills payable
_
Other liabilities
,

$1,995,538
7,450
130,015
76, 516
17,581
239

2,227,339

Total liabilities.

2, 227,339

R E C E I P T S AND DISBURSEMENTS I N YEAR E N D E D D E C . 31, 1940
Capital receipts
Loans repaid
Payments on shares
Building association shares redeemed.
Other investments sold
Bills payable
__.
Entrance fees
._
Fines
Recoveries on loans to reserve fund
Depreciation on furniture and fixtures.
Other receipts..
Total receipts

Amount
$2, 535,892
967,205
5,450
28,816
1,729
1,132
6,961
780
5,754
3, 553, 719

Capital disbursements

Amount

Loans made
Shares withdrawn..
Building association shares purchased.
Other investments purchased
Bills payable
Loans charged against reserve fund
Other disbursements

Total disbursements

_

$2,821,590
522, 768
99, 222
8,360
38,851
13,359
8,141

3, 512, 291

EXPENSES

EARNINGS

Interest on loans
Building association dividends
Other income

167,841
6,193
1,335

Salaries
General expenses
Interest on borrowed money
Dividends
Depreciation on furniture and fixtures.

32,373
14,440
1,216
68,433
780

Total earnings
Transferred to reserve fund for bad
debts..
Cash on hand at beginning of period. __
Deposits in banks at beginning of
period

175,369

Total expenses
_.
Transferred to reserve fund for bad
debts
Cash on hand at end of period
Deposits in banks at end of period

117,242

Grand total

27,334
11, 857
139,464
3,907,743

Grand total

NOTE.—Number of borrowing members, 12,423; nonborrowing, 9,255.




27,334
33, 766
217,110
3, 907, 743

TABLE NO. 50.—Officials

of State banking departments and number of each class of active banks under their supervision in June 1941 from
which reports of condition were received
State (commercial) i

Location

Names of officials

Maine
-.
New Hampshire
Vermont

Andrew J. Beck
Clyde M. Davis,
R. T. Cole

Massachusetts
Rhode Island.
Connecticut..

Joseph Earl Perry
Wilfred J. Paquin
Walter Perry

Insured
Insured
Total
number
Not
Not
NonNonNonMem- memof banks Mem- members
bers
insured insured
bers insured Federal
bers
Federal Federal
Federal
Reserve Reserve
Reserve Reserve
System System
System System

Titles

Bank Commissioner
Bank Commissioner
Commissioner, Department of Banking and
Insurance.
Commissioner of Banks
Director of Business Regulation.
Bank Commissioner

William R. White
Louis A. Reilly
John C. Bell, Jr
Frank E. Lynch, Jr.
John W. Downing

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

Milton R. Morgan
H. D. Vaughan
Gurney P. Hood.
. . . W. Royden Watkins
John C. Beasley
J. M. Lee .
Addie Lee Farish
S. L. McLaurin
W. J. Begnaud
Lee Brady
Thos. W. Leggett....
Hiram Wilhoit
H. B. Clarke

Total Southern
States.




Commissioner of Banking
Commissioner of Banking
Commissioner of Banks
Chief Bank-Examiner
Superintendent of Banks
C omptroller, State of Florida
Superintendent of Banks_
State Bank Comptroller
Director of Banking
Commissioner, Department of Banking
State Bank Commissioner
Director, Division of Banking
Superintendent of Banks

_.

29
2
7

37
2
41

6
10
27

44

132

61

147
62
89
4
11
6

142
63
«274
23
98
7

1,162

Total Eastern
States.

9
8
1

439
158
398
30
124
13

Superintendent of Banks
Commissioner of Banking and Insurance
Secretary of Banking
State Bank Commissioner
Bank Commissioner

17
3
32

595

Total New England States.
New York
New Jersey
Pennsylvania _.
Delaware
Maryland
District of Columbia

Private

Mutual savings

63
55
41

5
1

263
23
150

319

184
104
184
129
235
121
152
183
117
391
166
310
226
2,502

6

26
43

8
191
9
72

3

14

341

3

10
9
13
1
3

4
13
6

15

2

130
11
1
2
10

607

36

25

154

21

50
21
10
5
18
5
17
2
8
82
9
18
7

132
75
166
87
200
107
127
174
108
255
148
259
210

2
8
8
36
17
9
8
7
1
54
9
33
9

252

2,048

201

6

1

1

to

J C Minshull
A. A. Rogers
_
Geo. J Knox
Geo. W. Wedgwood
R F. Starley
D G La Rue
Jas. H. Calvert

Oscar G. Olson
Alaska
Canal Zone (Panama) _
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions...
Total United States
and possessions.
1
8

State Examiner
Superintendent of Banks
Director of Banking
Bank Commissioner
Superintendent of Banks
State Examiner
State Bank Commissioner
State Bank Examiner
Bank Commissioner
__ _
_ _

Supervisor of Banking
Superintendent of Banks
Superintendent of Banks
Commissioner of Finance
Bank Commissioner
Superintendent of Banks
Superintendent of Banks

Secretary, Territorial Banking Board




495
364
470
491
541
535

89
143
43
21
47
68

391
200
412
437
434
*426

15
21
11
32
60
41

610

2,883

199

22
14
26
25
9
15
5
11

105
101
214
244
44
23
44
13
163

10
1
57
208

127

951

293

14
6
17
9
21

73
37
83
21
26
3
5

5
3
31
1

3
1

71

248

40

4

1

13
2
1
10
17
13
1

13
1
11
6 17
7 13
1

Bank Examiner
Bank Commissioner
Treasurer

Includes loan and trust companies and stock savings banks.
Includes 2 trust companies which do not accept deposits.
• Includes 1 private bank.
* Includes 1 trust company which does not accept deposits.

6
13

363

.,

301

95
47
131
31
47
5
7

Superintendent of Banking
Commissioner of Finance

3 282

115
124
285
479
69
32
66
19
183

Commissioner of B&nks

130
69

1,372

J A Graham
Erling Haugo
Wade R Martin
B A. Welch
W A Brown
Norris E. Hartwell
Maple T Harl
Woodlan P. Saunders
Linwood 0. Neal

Superintendent of Banks
Director, Department of Financial Institutions.
Auditor of Public Accounts
Commissioner, State Banking DepartmentChairman, Banking Commission

453
382

3,731

Rodney P. Lien
Ross H. Wallace
Arthur C Lueder ___
Maurice Eveland
Allen G. Pflugradt
F A. Amundson
M.W.Ellis
D. Ross Harrison

to 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 P a c i f i c
States

8
8
7

1,423

3
2

1

2

1
1

1

3

7

2

13
14

27

1

7

1
9

1

58
9,783

1

57

6,870

887

1

3

50

Branches of 2 American national banks.
Includes branch of an American national bank.
Includes 2 American national banks having branches in Puerto Rico.

497

53

TABLE N O . 51.—Assets and liabilities of all active banks in the United States and possessions, June SO, 1941 (includes National, State (commercial), savings, and private banks) l
ASSETS
fin thousands of dollars]

Location

Investments

Real
Bank
\/
estate
Currency Balances premises owned
owned,
with
and
furniture other
other
coin
than
and
banks 2
bank
fixtures premises

Interest,
commissions, rent,
and other Other
income
earned or assets
accrued
but not
collected

Total

Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States.
'

Total Southern States




99
107
81
387
35
202

116, 029
115, 724
99, 737
1, 853, 030
198,874
597, 343

186, 847
159,898
62, 866
1, 939, 619
276, 613
659, 692

8,338
4,804
3,150
169, 326
11, 654
31, 283

8, 532, 940

911

2. 980, 737

3, 285, 535

228, 555

1, 591,176

118,492

187,137

15, 392

9,156

5,561

7, 958, 321 12, 949,012
754,165 1,047, 527
1, 786,192 2, 997,933
84, 335
129, 851
240, 379
467, 878
137, 896
144, 548

278,144
54, 948
117, 436
3,865
20,258
12, 796

8, 583, 526
646. 584
2,026, 854
99, 936
431,404
187,158

344, 046
63, 699
152, 719

31, 539
5,191
16, 410
671
314
2,539

59, 040
366
6,310

14,829
15, 259

330, 913
62,146
127, 260
1,550
6,840
2,771

124
4

85, 371
6,710
9,843
321
2,337
479

47, 845 30, 667, 757
4,598 2, 645,934
27,285 7, 268, 242
94
324, 312
3,100
1,187,463
443
503,893

487,447 11, 975,462

594, 241

531,480

56, 664

65, 844

105, 061

83, 365 42, 597, 601

274, 251
137, 761
240, 542
90, 643
226, 965
242, 637
171, 058
87, 628
261,889
865, 008
107, 679
192, 437
274, 784

17, 359
8,582
8,966
2,547
13, 707
9,957
8, 518
4,620
9,822
38,338
3,144
9,114
15, 384

4,107
4,649
1,796

495
4,145
1,908
4,405
1,516
1,869
5,388
694
2,980
3,757

2,164
1,076
27
1
61
1,544
1,652
107
3,550
4,317
58
334
636

150,058

37, 709

15, 527

13, 631, 949
4, 207, 327
10,012, 413
269, 526
1, 841, 891
720, 648

864
383
1,085
45
187
22

30, 683, 754

2,586 10,961,288 17, 736, 749

2, 708,130
1, 923, 536
3, 612,114
1, 921, 342
3,159,136
1,918,924
2, 865, 077
2, 208, 553
2, 390, 678
6, 487, 547
1,971, 487
2, 877,886
2, 948, 897

-314
181
228
151
286
173
217
207
146
836
216
405
297

351, 304
148, 506
217, 557
67,168
285, 978
134,063
146,940
75, 297
185, 695
595, 418
71, 276
244, 859
281,323

36, 993,307

3, 657

2, 805, 384

187,987
90, 252
170, 303
41, 707
132, 698
189, 279
108, 785
74, 829
179, 870
493,515
66, 785
157,038
161,074

20, 221
12,174
16,137
8,100
12, 427
14, 539
10, 227
7,930
12, 267
34, 853
4,937
12, 435
13,876

93, 256
45, 246
27, 593
947, 978
111,510
365, 593

2, 054,122 180,123 3,173, 282

4,048
4,262
3,307
64, 768
13, 432
28, 675

Investments
and other Customers1
assets inliability
directly rep- on acceptresenting
ances outbank premises or other standing
real estate

856,831
497,096
363,303
4, 365, 658
721, 433
1, 728, 619

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

Loans and
discounts
Num- (including
Population ber of
redis(estimated) banks
counts
and
overdrafts)

5,770
7,366
6,132
122, 926
4,125
40,818

776
84
3,940
4,480
5,890
222

8,038
950
168

157
17
96
8
553
1,413
520
3
454
3,222

130
3
212
3, 711
835
670

530
315
350
9,841
635
8,174

415, 724
337,702
207, 287
5,123, 717
624, 518
1, 732, 638

19, 845

8, 441, 586

723
179
1,081
53
539
810
615
66
1,089
548
120
561
791

1,987
860,104
404, 250
1,071
658,323
1,757
211,311
580
677,487
871
596, 060
1,315
454, 584
1,831
253,141
1,148
663,124
5,660
1,649 2,039, 554
255, 270
577
626, 364
6,603
753, 722
1,643

7,175

26,692 8,453, 294

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 .. Hawaii . _ _
of
Philippines
Puerto Rico
American Samoa
Virgin Islands of the United
States
Total possessions
Total United States and
possessions

6,985,921
3, 466, 656
7, 986, 769
5, 315, 692
3,173,157
2,823,955
2, 567, 044
3, 827, 570

695
506
834
442
569
677
644
619

1,078, 504
368, 041
1,347,370
563, 278
340, 435
424, 546
366, 510
581,147

1,098,123
407, 262
2, 461, 033
851, 203
439, 368
397,243
198, 295
623, 715

71,916
31, 917
85, 548
48, 661
24, 769
16, 378
23, 958
26, 374

1,069,069
381, 978
2,133, 539
767, 617
388, 268
384, 504
247, 589
695, 503

59, 001
19, 326
44,046
24, 753
18, 976
12, 046
8,999
16, 641

16, 236
5, 654
7,015
1,725
3,615
1,491
1.218
6,773

6,489
657
2,457
1,685
1,852
6,569
2,408
1,445

434
36
2,634
35
26
128
5
411

4,103
777
9,799
3,309
1,049
2,120
487
2,087

36,146, 764

4,986

5,069, 831

6, 476, 242

329, 521

6, 068, 067

203, 788

43, 727

23, 562

3,709

23, 731

649, 213
650, 249
1, 330, 751
1, 821, 446
565, 798
253, 585
1,136,031
537, 847
2, 362, 921

160
162
418
660
111
58
144
41
390

36, 955
53, 663
151,481
180, 624
44,952
30, 094
106, 088
27,457
177, 391

24, 491
29,944
106, 866
129, 551
56,193
17, 540
97, 980
19, 720
149, 823

1,767
2,383
5,425
8,541
4,071
2,371
7,800
2,309
8,103

28, 849
31, 808
129,186
192,887
64, 888
31,125
192, 445
25, 001
225, 647

2,331
2,389
6,376
8,439
2,792
1,035
3,830
991
9,254

437
281
378
882
174
34
287
42
89

4
20
519
14
179
1
112

9, 307, 841

2,144

808, 705

632,108

42, 770

921, 836

37, 437

2,604

849

1, 755, 874
1,102, 037
6, 985, 694
530, 823
556, 548
111,497
504, 921

138
73
227
50
60
11
12

273, 268
124, 321
2,115, 632
39, 714
72,894
17,052
43,104

230, 741
162,334
1, 916, 677
40,138
51, 206
18,140
28, 994

13, 619
7,530
60, 027
2,850
2,600
1,536
3,182

229, 689
121,180
1,156, 551
39, 086
67, 922
13, 061
32, 995

9,230
7,005
87, 277
1,800
2,354
848
1,704

584
229
25, 352
36
140
20
487

11, 547, 394

571

2, 685,985

2, 448, 230

91, 344

1, 660, 484

110,218

14, 855 25,311,930 32, 632, 986 1, 359, 760 25, 390, 307 1, 214, 234

133, 212,000
74, 842
53, 372
22, 763
430, 204
16, 711,000
1, 909,923
13, 265

17
2
1
12
17
13
1

8,312
1,851
398
55, 838
123, 346
40,984
40

5,637
225
70,436
15, 527
4,530
86

2,013
1,586
67
15, 759
20, 333
8,565
60

420
70
2
3,696
2,680
1,085
1

29, 088 18, 271, 266

35

221
275
360
857
309
54
253
15
482

95, 316
121,074
400, 632
522, 468
173, 780
82,493
409, 061
75, 540
571, 342

40

2,531

2,826

2,451, 706

11
27
30, 742
4
1,324
5
1

345
166
7,177

1,107
780
10, 960
1
171
273

579
196
5,786
338
272
30
457

759,173
423, 768
5,416,181
123, 967
198, 712
50,863
111, 197

26, 848

32,114

7,688

13, 292

7,658

7, 083, 861

829, 505

144.108

89, 659

5

74
2
880
3,285
595
8

300

72
130
499

25, 249

1

739

305

163

707

12

4

64

231, 508

96, 746

48, 546

80, 701

7,966

4,848

300

701

14,919 25, 543, 438 32, 729, 732 1, 408, 306 25, 471, 008 1, 222, 200

834, 353

144, 408

90, 360

152, 452, 618

3, 409,137
1, 216, 785
6,104,684
2, 264, 834
1, 221, 529
1, 247,124
849, 794
1, 957, 379

261
311
555
168
387
61
378
4
406

19, 240, 618

i Includes also loan and trust companies and stock savings banks, but excludes private
banks which do not report to State banking departments.



8,494
429
37
32, 972
30, 947
7,017
98

5,262
1,137
11, 243
2,568
3,171
2,099
325
3,283

157, 351 169,474 87, 299,314
95
3
4
271
25
195
2

443
14,136
11
562
1,972
40,336
15

25, 488
18,075
746
180, 486
198, 245
104,106
310

15

4

1,949

610

57,479

529, 405

157, 961 226, 953 87,828, 719

a Includes reserve balances and cash items in process of collection.

TABLE N O . 51.—Assets and liabilities of all active banks in the United States and possessions, June 80, 1941 {includes National, State {commercial), savings, and private banks)—Continued
LIABILITIES

00

[In thousands of dollars]

Demand
deposits

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.

T i m e deposits (including
postal
savings)

Other
deposits i

Total
deposits

Bills
MortAcceptpayable,
gages
ances
redisor other
executed
counts,
liens on
by or for
and
bank
other
premises account
liabiliand on of reporting banks
ties for
other
and outborrowed
real
standing
money
estate

107,953
61,857
36,473
1,963,029
198,066
545,614

252,251
232,551
139,444
2, 549,170
343,620
984,324

1,940
1,857
994
30, 399
2,847
11,470

362,144
296,265
176,911
4, 542, 598
544, 533
1, 541,408

70
129
62
500
350
399

139

2, 912,992

4, 501, 360

49, 507

7,463,859

1,510

19,220,954
1,079,300
3,673,024
181,027
622,294
319, 784

7,895, 687
1,257,934
2,545,852
86, 524
447,045
125,426

340,144
26,094
34,855
6,780
3,769
5,494

27,456, 785
2,363,328
6,253,731
274,331
1,073,108
450, 704

6,557
1,194
1,091

25,096,383

12,358,468

417,136

37,871,987

8,852

448,615
218,387
451,698
150, 297
464,044
440, 561
287,467
148, 582
480,863
1,573,383
177,018
391,028
483,676

306, 761
127,623
134,294
38,458
135,760
97,999
112,207
74, 597
119, 533
240,161
48,686
139,912
190,070

7,398
5,027
6,574
2,118
3,811
5,741
2,420
816
3,247
24,423
1,477
12, 322
5,192

762,774
351,037
592, 566
190,873
603,615
544,301
402,094
223,995
603,643
1,837,967
227,181
543,262
678,938

54
360
203

5,715,619

1,766,061

80,566

7,562,246




Interest, Interest,
discount,
rent, and taxes, and
other
other
income expenses
accrued
collected
and unbut not
paid
earned

Other
liabilities

Capital
stock 2

Surplus

Undivided
profits

Reserves
and retirement
account
for preferred
stock and
capital
notes and
debentures

13,615
10, 503
3,669
140, 500
5,018
42,060

12,697
1,773
4,551
25,258
894
15,324

9,261
1,254
168

155
32
142
4,609
817
878

245
109
159
4,099
3,389
2,130

345
229
576
13, 521
1,271
2,795

17,267
7,372
17, 281
110,437
20, 846
43, 601

9,186
21,290
3,936
272,934
46,146
83,736

139

10, 683

6,633

10,131

18, 737

216,804

437, 228

215,365

60, 497

41
50
30

68, 708
366
8,288
124
4

18, 391
5,492
5,568
214
1,116
608

34,180
2,042
13,650
409
1,015
878

230,641
3,956
15,688
255
1,786
2,063

785, 532 1, 509,085
126, 550
94;250
477,168
296,841
22,723
11, 730
35, 603
42, 239
19,025
17,996

393,553
26,068
104,677
7,422
25,952
10,416

164, 284
22,638
91, 510
7,228
6,510
2,199

121

77,490

31,389

52,174

254,389 1,275,281 2,163,461

568,088

294,369

7

1

261
77
47
55
9
374
75
672
25

25
1
12

157
23
96
8
556

2
6

1,894
520
3
454

3,036
302
2,155
232
3,508
614
548
189
723
1,159
194
941
1,806

1,212
520
1,107
169
777
524
494
219
784
3,110
142
795
782

1,414
296
1,331
119
1,247
563
421
394
990
1,399
393
6,944
954

44, 218
24,877
24,492
10,013
32,930
23, 221
26, 592
15, 321
24,426
90, 900
13, 362
36, 246
36, 510

29,464
17, 567
22,249
6,047
20,865
18,401
13,678
9,493
18,059
61, 779
7,752
26, 761
19, 717

12,106
6,784
8,654
2,870
9,655
5,383
7,253
2,092
7,743
33,112
4,893
7,215
11, 585

5,818
2,507
5,409
965
4,508
2,967
2,889
1,383
4,851
9,228
1,278
3,525
2,951

2,212

53

3,712

15,407

10,635

16,465

403,108

271,832

119,345

48,279

10

Ohio
Indiana
Illinois
Michigan.
Wisconsin
Minnesota
Iowa
Missouri.

1,851,711
711,300
4,451,031
1,299,450
607,294
703,333
514,721
1,449, 545

1,191,029
373. 510
1,137,142
766,201
468,163
407,207
249,354
318,971

28,490
13,010
51, 234
19,126
17,950
13,644
6,754
10,948

3,071,230
1,097,820
5,639,407
2,084, 777
1,093,407
1,124,184
770.829
1,779,464

15
10
3,737

12

11, 588, 385

4,911,577

161,156

16,661,118

4,391

30

53,463
74,099
290, 383
377, 219
113,740
49,149
270,017
53,778
417,811

30, 264
32,188
63, 549
81,666
41,534
23,416
96,748
14,931
84,378

814
860
3,099
4,081
1,927
610
3,668
843
5,699

84, 541
107,147
357,031
462,966
157,201
73,175
370,433
69, 552
507,888

15
240
203
414

2
39

1,699, 659

468, 674

21,601

2,189,934

948

436,614
252,214
2,375,071
78,826
110,963
28,236
70,079

253, 291
135,498
2, 412,168
33,104
65,876
17,943
31,085

5,371
4,327
55,999
770
1,185
473
1,866

695, 276
392,039
4,843,238
112,700
178,024
46,652
103,030

757
5

Total Pacific States..

3,352,003

2,948,965

69,991

6, 370,959

762

Total United States
(exclusive of possessions)

50,365,041

26,955,105

799,957

78,120,103

14,170
14,135
133
79,874
78,145
50,770
146

8,530
3,755
353
75,987
58,238
35,309
120

246
36
1,641
2,253
3,693
5

22,946
17,926
486
157,502
138, 636
89,772
271

429,226

___

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
Puerto Rico—
__.
American Samoa
Virgin Islands of the United
States.—

569

1,118

237,942

183,410

7,874

50,602,983

27,138, 515

807,831

Total possessions
Total United States
and possessions

232
2
395

3,549
1,164
4,265
5,775
690
4,355
730
2,504

7,307
1,148
9,935
2,833
961
1,919
313
2,151

9,780
820
5,713
2,321
577
2,696
798
4,924

169,739
55,957
178,003
85, 074
69, 234
51, 521
35,931
83,621

95,276
33,416
148, 957
46,536
24, 337
39, 218
23,118
43, 367

34,396
18,148
60, 956
23, 764
17,133
16, 949
12, 740
31,455

17,188
8,263
54, 563
13,324
15,164
6,127
5,320
5,650

4,054

23,032

26, 567

27, 629

729,080

454,225

215, 541

125, 599

147
155
319
381
179
184
254
15
409

110
129
336
329
206
17
1,027
3
570

40
35
165
425
26
70
69
8
366

6,173
7,328
22,155
29, 559
8,347
3,923
15, 022
2,950
28, 847

3,030
3,199
12, 421
17,971
4, 574
3,066
11,946
2,037
18, 866

998
2,134
4,986
9,049
2,605
1,544
7,383
304
11,550

260
668
3,011
1,374
642
478
2,927
671
2,771

5

36
40

18,675

2,043

2,727

1,204

124, 304

77,110

40,553

12,802

1,924
890
17, 258
116
160
137
635

827
654
9,478
176
187
30
189

2,284
185
68,616
41
208
367
67

26, 305
11,036
207, 479
5,400
9,519
1,185
3,498

17, 258
11,967
154,401
2,941
6,146
1,234
2,838

9,535
3,426
64,385
1,671
3,235
1,199
756

5,385
3,403
41,522
917
1,233
59
184

9,594

384

40
379
168
9,047

41

21,120

11, 541

71, 768

264,422

196, 785

84, 207

52,703

105,573

99,624

113,775

390,192 3,012,999 3,600,641 1,243,099

594,249

5

985

885

498

167

25
9,405
27,871
3,545
25

35
6,801
7,371
1,004
6

32
1,995
923
474
5

11
4,302
6,320
602
1

72
130
819

11
23
1,426
96
1

3

15

150

20

15

58

3,884

1,021

1,557

1,124

19,062

42,006

16,122

3,942

11,461

101,181

114,899

409, 2543,055,005 3,616, 763 1,247,041

605, 710

1,687

78, 549, 329

7
144
6
92
12,164
6,632
2

140
60
2,622
1,062

22, 559

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).




434
36
2,884
35
26
128
5
506

35

6
11
1

384
2

106, 594

234
782
100

Includes capital notes and debentures. (See classification on pp. 214 and 215.)

TABLE N O . 51.—Assets and

of all active banks in the United States and possessions, June 30, 1941 (includes National, State (commercial), savings, and private banks)—Continued
[In thousands of dollars]
Loans and discounts

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




Commercial and
industrial
loans

Agricultural loans

27,248
14,838
13,461
401,896
46.092
80,437

2,084
909
3,362
1,913
93
1,904

paper

6.275
5,764
1,283
95, 685
17, 649
14.925

Real-estate loans
Other loans
for the purLoans to
pose of purbrokers and chasing or
On residencarrying
dealers in
On farm tial proper- On other
securities stocks, bonds,
land
properties
and other
ties
securities
332
218
11
13,717
408
573

2,183
1,121
2,249
15,613
3,126
15, 293

2,069
644
14.072
1,270
1,224
1,633

41.750
72,634
44,605
1,050,950
75,439
401,449

8,310
2,945
8,068
47,027
22.331
15,025

Loans to
banks

All other
loans

48
38
3,913
350
158

25,714
16,609
12,613
220,956
32,158
65,922

Overdrafts

16
4
13
90
4
24

583,972

10,265

141, 581

15, 259

39, 585

20,912

1,686,827

103,706

4,507

373,972

151

2, 741, 588
129. 284
617,599
22,760
51,694
37,409

29, 552
6,155
19, 768
622
4,149
2

131,922
24.043
61,151
2,090
8,724
704

459,062
4,951
32, 929
2,710
1,944
780

272,092
16, 060
85, 774
5,183
11, 975
2,328

14,751
9,033
28,108
3,648
11, 299
58

3, 307,806
316, 768
398, 588
24,140
53, 617
38,806

134,335
63, 285
112, 281
5,979
28,965
16,021

32,868
168
537
5
33

830,410
184,315
429,352
17,188
67,910
41,758

3,935
103
105
10
6S
30

3,600, 334

60,248

228,634

502, 376

393,412

66, 897

4,139, 725

360, 866

33,611

1, 570,933

4,252

91,043
36,443
77,114
21, 321
109,999
57,464
46,243
13,363
72, 528
260,866
15, 475
66,662
95, 382

14,222
3,101
10,643
6,783
17,986
3,770
20,009
13,168
17,938
111, 150
15,760
15, 519
36,910

6,588
2,758
4,716
352
656
4,086
2,918
415
1,739
4,940
3.540
12, 544
5,242

1,296
313
1,810
404
3,082
3,377
784
322
1,314
2,763
284
1,060
2,975

6,510
6,454
6,537
1,551
9,671
1,738
2,057
1,921
2,305
17,810
1,023
5,515
7,626

16,897
5,966
9,397
1,969
7,911
2,880
5,619
8,542
7,164
10, 837
3,840
25, 567
13,656

57,145
35,459
15, 504
6,361
25, 880
15, 839
13,748
8.054
16,461
28,064
6,629
32, 619
19, 608

19,419
11,703
12,189
3,633
10,230
9,870
8,185
5,145
10,248
17,623
3,431
12,262
9,062

146
200
489
136
1,255
238
12
112
300
437
13
508
203

137,970
46,066
79,142
24, 578
99,134
34. 779
47,252
24,106
55, 505
139,871
21, 210
72,449
90,435

68
43
16
80
174
22
113
149
193
1,057
71
154
224

963,903

286, 959

50,494

19, 784

70,718

120, 245

281, 371

133,000

4,049

872,497

2,364

to
O

305, 298
93,386
728,672
166,375
114, 572
121,165
63,785
221, 710

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




23,685
4,062
68, 953
19, 547
8,367
8,107
2,244
17, 516

42, 591
26,489
24, 948
17,286
26,905
20,612
50, 782
20,973

275,149
99,381
119,468
144,241
70,040
61,348
41, 540
71,230

60,131
20,339
25,473
37,371
24,290
8,203
10,462
31,282

774
220
54
134
258
56
103
718

316,114
70,736
212,058
136,454
59,139
131,903
60, 277
132,950

165
69
697
171
84
323
144
198

427,174

157,187

63,693

152.481

230, 586

882, 397

217, 551

2,317

1,119,631

1,851

6,892
6,916
35,368
41,439
7,306
4,252
38,456
7,473
75,168

15,368
26,464
62,973
67,208
16, 733
14,008
24,845
8,074
38,153

1,399
613
3,518
5,557
4,260
611
4,408
928
4,136

1
627
746
12
13
489

1,217
2,111
8,275
13,804
1,027
1,090
2, 350
606
4,415

2,779
5,035
4,410
12,977
4,080
2,962
10, 261
4,014
8,055

867
1,833
2,920
3,049
1,233
1,132
3,746
1,241
3,038

.18
44
170
247

374

153
822
4,002
1,811
1,320
591
2,962
440
1,882

31

8,219
9, 769
29,117
33,617
8,914
5,379
18,458
4,660
42,021

43
55
101
169
67
48
44
21
118

273, 826

25,430

2,262

13,983

34,895

54, 573

19,059

587

160,154

666

17, 542
11, 725
80,764
12, 255
9,545
1,756
10,962

4,118
2,382
22,164
790
1,408
67
805

845
492
9,830
4
402

5,799
2,111
94, 428
1,357
2,940
382
691

55,962
10,052
742, 500
7,447
16,379
5, 907
10, 252

10,840
5,867
231,969
2,449
8,203
2,025
1,211

8
25
318
5
15

15

5,270
443
46,884
486
1,329
303
688

61,977
41,778
391,831
7,300
13,360
3,591
10, 319

216
159
1,906
97
158
26
20

690, 831

North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona.

11, 209
488
36,359
7,234
621
1,298
1,144
5,340

110,691
49, 287
493,038
7,524
19,155
2,995
8,141

Total Middle Western States

13, 664
20, 523
59,965
12,462
9,116
6,535
11,615
23, 307

223, 270

Missouri

29, 724
32,348
70,723
22,003
27,043
64,996
124,414
55,923

1, 814,963

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa

144, 549

31, 734

11,588

55, 403

107, 708

848,499

262, 564

371

530,156

2,582

7,877, 273

1,203, 021

635,060

614,962

725. 582

581, 243

7,893,392

1, 096, 746

45,442

4,627,343

11,866

1,185
789
26
14,811
31,662
18,431
24
217

19
100

80
1

10

348
3,201
4,946

4,247
960
285
15,819
56,038
12,040
16
39

67,145

8, 619,

7,944,418

1,748
1,119

106
18

155
71
544

15
347
18,431
1,478

32

72
20, 748
11,487
2,640

1,586
1,319
580

325

170

84

271

113

10

2,948

124

789

20, 355

37,939

3,630

335

89,444

180

638,008

615,086

726,371

601, 598

7,931,331

1,100, 376

45,777

4,716,787

12,046

5

1,211,640

2,721

18
1

8
69

TABLE NO. 51.—Assets and liabilities of all active banks in the United States and possessions, June 80, 19J+1 (includes National, State (commercial), savings, and private banks)—Continued
[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
Texas
Arkansas
Kentucky

U. S.
Government
direct
obligations

Reconstruction
Finance
Corporation

Other
GovFederneral
Home
Owners' Farm ment
Mort- corpoLoan
gage rations
Corporation Corpo- and
ration agencies

92,443
41,629
28,917
1,178,440
135,808
339,381

2,120
6,253
790
43,365
12,939
10, 765

9,637
8,736
2,578
49,876
12,653
23,465

1,816,618
8,138,970
523, 799
1,536,956
47, 791
281,188
94,023

76,232
912, 933
37, 504
52,251
5,647
14,700
5,026

106,945
759,824
67,440
130, 640
6,478
32,569
16, 582

10,622, 727 1,028,061 1,013,533
100, 238
7,710
13,632
38, 278
4,091
6,948
69,378
21,687
17,415
1,002
54,024
8,841
7,132
98,647
10, 729
17,829
38,524
1,723
5,245
13,146
785
1,008
75, 212
10,033
15,097
268,547
13, 772
31,126
21,337
2,055
3,456
84,672
5,487
7,305




4,895
2,496
4,906
740
5,402
2,590
856
1,548
5,144
556
5,135

Obligations of U. S. Government corporations and agencies, not
States
and poguaranteed by United
litical
States
subdivisions (including
Other
Federal Governwarinterrants) Federal mediate ment
land
corporabanks credit tions and
banks agencies

Rail-

Public
utilities

Industrials

All
other

139
20
26
3,656
437
729

18,463
22,935
4,188
211,865
20,837
62,219

27, 588 3,638
25,440 3,342
8,391
1,606
149,220 13,081
26,845 5,574
59,630 3,294

9,644
55,514 266,876 5.284
370,095 1,175, 593 63, 770 100,182
3,961
23,894 167,010 3,096
1,944
37,455 290,560
3,268
13,507
5,379
17,595 6,165
11,729
2,404 2,540
3,501

5,007
59,837
11,200
15,887
94
472
5,668

340,507
383,246
74,791
349,919
17,482
44, 257
3,544

297,114 30, 535 13, 701
199,945 202,102 79, 944
58,702 26, 531 7,448
228,668 150,916 20,214
23,377 4,701
822
22,642 11,653 2,655
3,603 2,369
649

449,942 1,666,669 86,203
30,391 1,906
3,429
5,390
16,268 1,236
4,666
48,753 1,098
17,193
219
480
6,137
30, 249
511
1,821
41,962
908
1,996
47,328
193
122
56,613
54
5,539
C3,884
32
12, 251 131,883 2,453
2,720
31,603
405
2,714
23,909 1,970

93,158
2,693
234
4,901
157
2,479
1,783
1,051
52
663
2,056
330
712

873,239
6,338
4,170
1,595
1,004
6,051
2,856
2,890
456
1,169
2,750
1,026
5,900

536,937 398,272 111, 732 100,364
3,535 5,319 2,382
780
2,703 3,471 1,154
542
684
354
2
743
641
17
213
357
1,989 2,371
295
1,859
294
1,613 2,224
759
250
903 2,580 1,853
92
158
252
583
622
728
885
1,176
476
3,702 5,975 4,262
266
926
610
928
741
6,474 4,972 2,187

11,148
12,455
155,383
10,189
70, 915

35

Other domestic corporations

1,014
119
2,996
225
461

111, 466
606
1,873
951
1,896
1,178
6
585
1,633
2,599

4,982
437
484
4,524
1,537
1,737

Stocks
of Federal Reserve
banks
Forand
eignother
public domesand
private tic corporations

45
5,029
2,070
2,465

1,750 1,416
6,914 3,886
1,593
981
6,421 32,287
2,128 6,549
4,203 10,395
23,009
230,800
13,920
25,674
657
7,671
1,967

Other bonds, notes, and debentures

6,445
9,303
3,041
6,759
4,336
25, 703

17,527
3,265
76,213
34,310
44,328

55, 587 182,141
48,509 217,937
5,429 22,717
40,931 105,136
1,643
4,305
6,178
2,991
1,810
861
358,083
4,132
3,271
2,764
622
3,375
1,274
1,653
652
7,484
567
2,260

Stocks
of foreign
corporations

76
' 7
56
504
176
2
821
5,325
85
227
2
34
1
5,674

to
to

4,898

35,437

8

5,828
4,494
8,919
3,610
5,383
3,075
1,958
5,045

11,670
3,516
14, 512
5,003
7,827
3,487
1,143
3,380

13,216
4,439
29,029
3,595
3,110
2,182
902
35,312

77

38,312

50,538

91,785

100

103
46
577
217
299
54
713
24
60

143
71
438
366
704
150
1,430
52
278

180
215
770
1,204
353
172
801
159
1,276

2,093

3,632

610
3,446
13,115
162
79
164
93

1,928
267
8,818
100
6
5
84

5,130
1,839
607
18, 566
208
577
61
167

169

17, 669

11, 208

22,025

199

189,781 1, 506, 685 1,056, 800 665, 625 202,327

6,841

56,976

593,391

11,809

13,175

20, 469

38,811

23,143
12,082
23,816
54, 296
7,007
15,917
7,021
27, 754

33, 355
9,526
48,891
33,202
4,773
10,922
6,084
38,053

181,975
57,626
322,437
124,083
61,211
71,669
60,927
92,302

15,086
4,838
20,828
972
1,325
2,400
3,870
9,391

3,761
577
14,786
22,243
158
1,662
633
3,549

3,689
1,803
20,497
19,163
1,432
2,365
1,203
9,734

43,861
13,988
57, 796
19,418
27, 541
18,446
5,151
17,050

283,855 171,036 184,806

47,369

59,886

203,251

192
89
490
464
135
35
151
15
575

637
563
2,357
551
1,462
201
4,743
33
697

398
213
1,401
468
822
178
2,311
58
427

445
320
2,604
485
636
213
2,460
29
959

2,146

11, 244
5,268
2,229
30, 435
453
583
254
411

6,276
3,872
1,259
26, 201
351
1,397
103
264

8,151
2,926
449
13, 592
159
440
97
127

39,633

33,447

17, 790

140,873

54,457
12,302
116,934
37,871
7,337
13,110
6,602
27,889

69,819
17,440
39,620
65,769
30,353
18,729
12,091
30,034

Western States- 3, 702,997

276, 502

972, 230

58, 710

13, 335
13,231
60, 311
56,261
35,188
9,416
53,738
11, 579
48,169

799
1,263
1,910
10, 977
2,502
391
7,273
742
4,691

1,224
1,356
5,174
7,597
2,359
696
2,088
952
9,214

1,654
1,104
6,399
6,304
1,688
816
2,168
885
4,574

304
608
1,134
5,426
1,646
759
2,204
593
4,455

4,917
10, 545
20,126
36,679
7,635
4,404
16,428
3,784
73,441

160
320
2,663
949
764
55
927
575
1,007

301, 228
141,432
112,447
1,123, 519
24,676
28,210
10,928
14,068

30, 548
5,179
3,872
28,611
681
1,512
50
1,508

30,660
9,870
5,360
136, 988
3,380
5,372
1,484
3,041

25,592
9,252
7,895
38,936
2,293
2,632
1,503
966

17,129
7,080
6,463
21,935
1,399
461
58
1,601

177, 959
36,016
17, 091
427,655
5,956
9,278
3,413
4,787

7,420
2,084
74
10,182
245
464

2,861
1,732
845
11,119

229

1,252

1,623
30
6,836
75
135
20
396

1, 455,280

41, 413

165,495

63,477

38,997

504,196

13, 278

15,008

9,115

of possessions) _ _ 18,839,166 1,531,991 1,741,361 604,669 803,364 4,181, 321 182, 704
Alaska
16
3,264
191
8
Canal Zone (Panama)
Guam
225
The Territory of Hawaii
52
14,019
45,169
426
2,157
270
Philippines
9,123
2,176
1,863
Puerto Rico
2,620
1
American Samoa
45
9
Virgin Islands of the
United States125
8
52
Total possessions_
53,624
16
426
286
2,158
25, 205
Total United
States and possessions __ .
18, 892, 790 1, 532, 277 1, 743, 519 605,095 803,380 4, 206, 526 182, 756

199, 523

Total Western
States

Total Pacific
States
Total United
States (exclusive




157, 342 177, 523

40,866

79,235

570,383
238,852
1,630, 599
432,019
225,398
218,162
82,416
305,168

Washington
Oregon.
California
Idaho
Utah
Nevada
Arizona

33,354
38,419
10,730
59,102
15, 773
29, 375
9,481
4,586
10,057

3,358

940,316

North Dakota
South Dakota
Nebraska
Kansas
Montana
.
.
Wyoming
Colorado .
_______
N e w Mexico
Oklahoma

25,684
29,384
15,049
53,252
14,186
27,138
5,633
3,703
8,997

1,848

1,110

Missouri,
Total Middle

18,820

966

824

9,406

-_

4,686

3,739

1,628

53,355

6,414

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa .

521

2,606

9,711

60,898

Tennessee
Total Southern
States

512
1,564
545
240

60

4

15
3
5

39

39
30

226, 227

694,601

115

239

75

1,555

15

159

1,819

3,900
562

1,669

109

86
991

727
1,593
6

33
70

1,012

40
16

26
4,743

1,704

54
1,146

2,485

103

190, 793 1,508, 727 1,061,543 667,369 204,031

227,373

697,086

6,944

1,012

199, 523

16

92
2,042

1,744

TABLE N O . 51.—

and liabilities of all active banks in the United States and possessions, June 30, 1941 (includes National, State (commercial), savings, and private banks)—Continued
[In thousands of dollars]
Time deposits

Demand deposits

Capital

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 ColumbiaTotal Eastern States
Virginia
West VirginiaNorth Carolina.
South Carolina..
Georeria
Florida..__
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky




Capital
Prenotes ferred
and stock
deben'
tures

1,210
"4,049

4,962
1,174
6,691
9,689
1,450
6,650

5, 259 30, 616
44, 118 42, 092
600 51, 511
72
4,243
525

32,139
81
2,354
1,100

Common
stock

Individuals,
partnerships,
and
corporations

U. S. States Banks
and
Gov- political
ern- subdi- United
ment visions States

11,095
974
83,191
760
49,017
6,198
32,154
o^i, I U I
578
6,541
100, 748 1,419,647 22,316
19, 396 172, 780 1, 086
36, 951 445, 399 5, 978

13,930
7,532
2,903
98, 636
11,823
49,128

Banks
in foreign
countries

Savings

9,847
245, 501
228,130
4,548
135, 957
838
400, 605 21,825 2, 513, 076
333, 529
12, 049
328
954, 619
45,109
472,996

22, 164 4,410,812

10
2,098

5, (
820
3,015
958
758
704
6,014
5,461
4,746
7,491
2,167
5,776

deposit

2,221
997
588
7,903
4,489
4,776
20, 974

180, 929 2, 202,188 31, 692

183, 952

699, 322 13,629,
;,
74, 439 830,
264, 702 2, 720,
11, 577 169,
29, 006 409,
17, 400 273,

',384 683, 265 7, 176, 746 29, 801
635,889 4,147,
43,694
5,846
305 1,196,168
177,373
6,159 2, 093, 860 109, 616
129, 260 757,107
1, 454
3,210
82,117
7,596
5,442
212
420, 888
52, 658 127, 919
1,613
44, 061
113, 325
51

334 125, 082
372 27, 556
735 59, 763
560
661
048 32,457
219 2,190

18,032, 268 247, 709 1, 002, 827 5,123, 375 690, 204 11,083,104
49, 558 129, 277 1, 096, 446
33
1,964
25
343
1,442

Certificates of

39, 096 308, 159
22, 093 172, 841
21,452 242, 848
8,712 112, 642
30, 730 291, 464
22, 517 288, 164
20, 578 196, 957
9,860 100, 458
19, 670 275,180
81,311 1,074, 812
11, 195 119,679
30, 470 263, 662

6,124
1, 996
2,892
2,047
21, 548
10, 573
8,850
2,051
14, 236
43,001
968
6,289

38, 514
23, 315
64, 587
23, 398
34, 249
51, 499
33, 280
32, 630
59, 324
137,987
26,145
36, 642

95, 751
20, 235
141, 048
12, 210
116,767
90, 028
48, }44
13,443
130,373
316, 441
30, 226
84, 435

67
"323
16
297
236
"I," 750
1,142

254, 847
111, 727
93, 245
32, 765
108, 297
84,186
96, 468
52,982
172,439
36, 693
97, 518

DeStates
V
Banks
and
posits ChristPostal politi- Banks in foraccumas
in
sav-1
cal
eign
musavOpen ings
sub- United counlated
ings
divi- States tries
acfor
and counts
sions
payment similar
acof per- counts
sonal
loans
43
321
352
3,418
62
3,107

321
2,444
2,036
202
861
20, 279 2,738
4, 123
9,762 ~9~906

7,303

39, 505 13, 167

8,021 47, 327 388, 613
6,849 24,371 6,361
15, 657 33, 743 170, 226
22
419 1, 237
2,290 5,594 5,342
4," ~
~ 3,374 2,218

6,600
3,000
4,400
175
868
112

959
276
1,200
908
727

30
376
109
441
125
80

5,458

732
415
175
407
565
686

1,161

56, 924 176,104 5,551
14,229
1,110
72, 023 46, 327
704
396
2,991 3,630
615

153, 772 37, 008 114,828 573,997 15,155 146,871 228,182
13, 314 12, 534
11,128
323
16, 754 8,117
3,341
83
18, 430 1,502
2,479
1,046
9,846
443
19,233
270
13, 963
377
30, 983 5,433
9,780
35,938

168
1,897

4,779
1,584
1,257
912
1,5Q7
625
1,067
621
1,645
1,085
372
1,1

3,032
426
954
240
341
792
271
440
2,474
538
729

2,040
1,132
4,519
73
1,952
507
1,137
1,197
1,941
1,559
634
456

12,863
378
2,410
933
1,020
7, 385
903
5
2,718
25,119
261
959

3,352
925
4,038
111
2,711
979
2,072
289
361
1,069
240
547

5,551

1

1

163

6,197

5,668

61, 151

22, 362

1, 352
1,969
5,331
2, 853
614
2,023
368
2,711

36,151
84
42, 717
6, 179
3,644
6, 885
50
1,228*

8,474
10, 747
185
2,290
1,557
3,121
118
1, 025

36, 356 43, 865 17, 221

96, 938

27, 517

414
1,726
95
125
1,160
722
344
33
4,882

46
81
60
489
108
235
3,068
11
3,063

135,366

37, 701

2,477

346, 287 3, 713, 197 140, 581

619, 275 1, 238, 735

3,831 1, 377, 621

222, 890

34, 670

25 238 13, 216
8 J97 4 206
2,120 6,417
24 433
9,906 9, 519
1 234 2, 124
3, 343
3,076 3,550

131,285 1 433, 234 26 040
488 752 20 53*
43 554
169. 466 2, 943, 730 104, 909
60 641
948, 727 18 094
429, 105 4,529
49, 809
420, 665 1 218
48 163
346, 653 2,325
32, 588
848, 855 14, 505
76, 995

155 600 235, 801
75, 344
126 615
319,709 1, 074, 961
185 398 146, 145
93, 503
79, 987
106 808 173, 595
69, 093
96, 650
78, 078 507, 591

1, 036 1,035,816
285, 691
55
967, 696
7,722
726, 207
1,086
401, 120
170
300, 083
1,047
155, 213
246, 292
516

65, 225
68,514
84, 203
19, 226
55, 248
88, 980
89, 786
58, 832

20, 239
996
8,083
1,846
313
4,399
2,706
2,966

49, 771 66, 808

612,501 7, 859, 721 192,154 1,148, 845 2, 376, 033 11, 632

4,118,118

530, 014

41, 548

16, 558
17, 175
32, 905
43, 436
31, 906
18, 531
86. 026
11,646
51, 264

12, 858
12, 386
28,116
33, 805
7,160
3,099
4, 993
2,830
19, 961

204
605
1,341
1,062
705
566
863
90
2,845

83
65
527
775
186
74
1,252
92
98

16
10
36
884
31
35
120
42
1,500

85
138
469
1,090
278
154
82
187
765

8,281

3,152

2,674

3,248

7,907

Total Southern States _ ^
c£
-**
^
1
J^

1,052

18, 768 10, 400 18, 199

139. 634

5,915 50, 906

Tennessee
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

._

Total Middle Western

States

OK North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

609
480
335
115

263
467
1 046
2 434
371
846
1 569
471
1,157

28, 603

5,301
6, 381
20 774
27 125
7 861
3, 077
13 453
2,479
27, 690

266, 331 20, 006

43, 222
49, 348
187 959
243, 890
85 700
34, 704
197 331
35, 751
268.. 891

57, 705

166
543
2 956
5,527
225
228
1 417
412
4,743

5,822
20, 019
32 800
82 455
16 636
8,574
20 105
14, 424
66, 786

4,253
4,189
66, 668
45, 347
11, 179
5, 643
51,108
3,191
77, 391

56

8, 624

114,141 1, 146, 796 16, 217

267, 621

268, 969

309, 447

125,208

630 1, 767
124
307
1 000 41, 601
972
315
604
40
700

309, 278 3, 583
23 908
179 236 7 464
10 605
164, 878 1, 776, 645 75 266
56, 365
396
4 428
103
73, 594
8, 600
21, 732
1, 145
150
214
54, 194
2 798

60 583
41 811
217 199
19 186
14, 840
5 414
13, 527

61,718
23,125
290, 967
2,879
22, 424
938
1,940

241. 476
1,452
119,937
578
14, 994 2, 077, 422
28, 398
61, 368
2
16,874
2
29, 293
204

8,623
7,610
57, 537
4, 180
3,698
592
1,532

2,541 45, 519

Total Western States

216, 362 2, 471, 044 87,176

372, 560

403. 991

17, 232 2, 574, 768

83, 772

5Q

1,446

9,690 14,082
741
4,768
7,316 21,611
5,610 1,990
4,406 1,261
376
1,340
204
909
2,317 3,600

2

2

9,501

7,161

96 1,249
4 1,519
20, 772 71,973
6
10
51
59
11
65
49

737
58
449
5,444
7,079 152, 470
350
93
159
106
40
135
51

1,052
535
23,165
160
288
255
25

20, 997 74, 867

8,865 158, 306

25, 480

1,750

Total United States (exclusive of possessions)-.. 114, 583 331, 750 2, 566, 666 35, 425, 214 715, 529 3, 595, 080 9, 884, 099 745,119 23, 873, 870 1,136, 630 128, 970 233, 606 718, 970 65, 668 478, 225 311, 863

7,303

1,539

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States

Alaska
Canal Zone ^Panama)
Guam
The Territory of Hawaii
PhiliDninps
Puerto .Rioo
American Samoa
Virgin Islands of the United

985

206

76
14 437
12,660
10, 750
55

3,563
4,382
630

284
23, 254
942

9,304

24, 686

363

42

164

146, 314 17,994

39, 644

7,347
3 755
322
55, 219
30, 520
16, 396
120

172

956

50

5
50

929

90

34

31
940
7 809
18,165
85

1

1

106

1,135

27, 080

56

]

_. 114, 683 331, 945 2, 608, 377 35, 571, 528 733, 523 3, 634, 724 9. 893, 403 769, 805 23, 988, 580 1,174, 919 129, 477 235,132 719, 076 66, 803 505, 305 311,919

7,304

100

25
9,405
27, 796
3, 445
25

120
100

T o t a l possessions
and

714
15

548
6,956

160

1,750

16

75

States
Total U n i t e d States
possessions

1,502

11, 406
6, 958
* 57
53, 385
37, 849
36, 205
91

160

30

195

41, 711

* Includes U. S. Treasurer's time deposits—open account.




8,205
2,243

17, 307
19, 909
117

507

38, 289

507

1,526

1, 031
114, 710

1,526

TABLE NO. 52.—Assets and liabilities of active State (commercial) banks, June SO, 1941 1

fcO

ASSETS
[In thousands of dollars!
Loans and
discounts
Number (including Investof banks rediscounts ments
and overdrafts)

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

Currency
a n d coin

Balances
with
other
banks 2

47,187
9,485
36, 361
241,162
84,185
145, 027

32,777
7,655
21, 356
281,727
122, 923
129, 857

3,858
379
1,161
15, 323
5,603
14,140

26, 745
2,780
8,889
180, 393
46,179
140, 001

563, 407

596, 295

40, 464

31
12
33
72
14
75

Real
Bank
estate
premises owned
owned,
furniture other
than
and fix- bank
tures premises
1,642
229
1,506
12, 773
11,686
11,754

2,216
457
2,462
5,938
1,896
4,461

Investments
Interest,
and other
Customers' commissions,
assets inrent, and
liability on
directly
representing acceptances other income
earned or
bank prem- outstanding accrued but
ises or other
not collected
real estate
237
6
116
2,331
5,383
201

73
238
676

39
978
587
145

Other
assets

Total
assets

169
39
197
913
512
344

114,904
21,030
72,087
741,776
279, 630
445,930

2,174

1, 675,357

404,987

39, 590

17, 430

8,274

914

1,822

299
134
376
28
112
13

3, 001, 713 6,082,404
445, 643
339, 833
757, 857 1, 027, 087
86, 501
62, 083
134, 240
127, 818
59, 280
73, 439

166, 569 5,137, 476
313,691
29, 090
675, 241
49, 831
89, 978
3,211
166,.552
10,815
57, 254
4, 919

165,354
33,100
67, 452
2,214
8,392
8,170

43,414
23, 948
79, 071
1,082
1,542
2,175

23,025
1,504
14, 228
664
302
2,539

27,912
271
110

31,906
2,820
4,054
309
1,619
346

21,080 14,700, 853
2,963 1,192,863
14,143 2, 689,074
246,118
76
453, 931
2,637
208, 318
196

962

4, 362, 743 7, 835,155

264, 435 6, 440,192

284, 682

151, 232

42, 262

28, 307

41,054

41, 095 19, 491,157

7,911
5,538
11,805
2,894
6,021
5,285
3,453
5,194
6,479
7,442
2,398
6,085
4,730

87, 252
65, 237
177, 503
28,115
77, 129
59,097
49, 260
55, 674
71, 930
92, 721
43, 689
89, 869
61,157

7,993
3,532
6,428
660
5,052
2,121
1,717
2,927
2,401
4,360
1,299
4,916
4,533

1,929
2,890
1,321
406
3,540
781
1,446
837
818
958
359
2,503
2,080

1,096
1,017
19
1
38
389
416
107
3,506
39
1
290
368

237

_ __
.

_ __

Ohio. . . .
Indiana
Illinois




70, 319
36, 982
141,891
18, 390
37, 259
33, 416
30, S10
50, 383
50, 701
57, 765
26, 363
59, 796
34,144

14

314
123
1,005
4
187
56
138
54
165
43
4
184
76

184
104
184
128
235
121
152
183
117
391
166
310
226

167, 730
73, 291
162, 202
20, 514
109,497
38, 684
45,056
52, 020
61, 324
100, 670
33, 442
127, 294
83, 603

2, 501

1,075, 327

648, 319

75, 235

958, 633

47,939 |

19,868

7,287

302

2,353 !

437
363
495

£88, 340
190, 224
351, 684

576, 209
158, 296
594, 581

40,958
15, 483
25,916

535, 620
157, 953
537, 593

28,704
8,859
12,290

11,180
4,678
2,962

3,584
529
1,183

141

1,861
219
2,558

7
56
2

3
234

173

909
743
1,605
174
562
793
612
946
4,729
493
382
6,421
803

345,453
189, 353
503, 786
71,158
239, 341
140, 624
133,008
168,142
202,053
264, 491
107,937
297, 361
191, 728

19,172

2.854, 435

4,129
586
3,189

1, 790, 726
536,827
1,532,129

Michigan.
Wisconsin
Minnesota
Iowa
Missouri

364
466
490
541
535

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..

3,691
115
124
285
478
69
32
66
19
183

307,600
204, 851
125,113
259, 409
348,194

325,447
162. 328
70, 672
106, 689
366, 388

2,375,415 2,360,610
14 747
23, 204
42, 417
92, 232
24, 274
10,269
24,923
6,541
30, 011

7,226
11,490
17,455
47, 646
23, 305
3,292
15, 693
3, 250
17, 754

25,904
13,197
5,886
18,214
14,342

11, 866

1,420
2,794
789
1,059
4,804

1,395
1,663
3
879
945

5
132

953
4
266
54
973

477

6,888

15,118
8,291
3,507
5,039

26

93, 674

29, 686

10,181

678
805
1,128
3,050
799
364
890
180
624

403
244
130
624
171
23
138
20
23

4
20
367
3

-.

Total United States (exclusive
of possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa

6

151
158
114
673
131
28
72
7
56

35,267
50, 861
89 361
215,842
77 621
23, 264
72,114
16, 346
74,478

291

1,390

655,154

68

1
2

Total possessions
Total United States and possessions

147,111

14,183

212, 870

8,518

1,776

397

92
46
3 131
31
47
5
7

34,133
12, 767
645, 221
8,685
43, 876
1,673
10, 779

20,116
12, 359
612,876
6,900
27, 270
1,101
10, 830

1,948
1,036
18, 562
657
1,587
166
1,046

25,166
10, 412
330, 327
7,955
33,146
1,112
9,954

1,112
339
25, 265
316
777
57
278

89
143
12,977
33
90

5
11
76
4
274

330

1

359

757,134

691,452

25,002

418,072

28,144

13, 669

371

3, 441

2,233

9,402, 644 12,278,942

68, 772

33, 441

54, 641

579, 219

10,658,456

502, 547

233, 661

5,406
1, 851

3,592

1,112
1,586

4,338
429

225

67

37

U3
1

33,985
123, 346
40,984
40

39, 495
15, 527
4,530
86

9,954
20, 333
8,565
60

19, 460
30,947
7,017
98

2
880
3,285
595
8

58

206,010

63,455

41,677

62, 326

6,286

620, 896 10,720,782

508, 833

158
3,283

8 6 17

9,179

9, 608, 654 12,342,397

Includes loan and trust companies and stock savings banks.
Includes reserve balances and cash items in process of collection.
Includes trust companies and other financial institutions without deposits.
Branches of 2 American national banks.
Figures as of Dec. 31, 1940, except for branch of an American national bank.
Includes branch of an American national bank.

7

38
32
2,136
5
22

72

398

256
70
2
2,192
2,680
1,085
1

13
42
1
11

983,863
539,070
268,083
534, 341
1,088,938

13, 444 7,273,977

6
3
160

797

268,618

9,121

1,278
1,216
313
77
2,656

48

1,046
1,691
4,027
1,625
612
1,933
593
1,859

11,213
13, 894
26, 420
67, 220
27.153
8,676
28, 397
5,754
24,143

159,900 2, 223, 702

1,371

Total Pacific States




304,722
144, 726
61,534
142, 916 •
338, 638

71
82, 836
23
37,122
1,802 1,652, 525
46
24, 596
246
107, 2f 6
4,121
142
33, 382
2,330

1,941,848

79, 605 33, 891,928

95
3
4
41
25
195
2

176
14,136
11
178
1,972
40,336
15

15,047
18 075
746
106 185
198, 245
104,106
310

56, 824

442, 714

300

130
499

4,842

300

629

365

238, 503

69,072

34,070

55,006

136, 429 34, 334, 642

Includes 2 American national banks having branches in Puerto Rico.

NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 30,1941, 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

TABLE NO. 52.—Assets and liabilities of active State (commercial) banksf June 80, 1941—Continued
LIABILITIES
00

[In thousands of dollars]

Location

Time
Demand deposits Other
de(includdeposits ing postal posits *
savings)

56, 751
12,988
46, 983
162,058
145,126
126, 632

1,875
3,385

99,057
17,784
59, 251
641,903
232, 341
392, 531

550, 538

41, 322
4,731
11,995
470, 986
85, 340
262, 514

Maine
New Hampshire.
Vermont
Massachusetts...
Rhode Island
Connecticut

15, 441

Mortgages
or other
liens on
bank premises and on
other real
estate

Acceptances exe- Interest,
Interest,
cuted by
discount,
taxes,
or for acrent, and and other Other
count of
other in- expenses liabilireporting
come col- accrued
ties
banks and lected but
and
outstand- not earned unpaid
ing

91
79
238
980

350
345

31

1,442, 867

842

31

11, 573, 452 1, 446, 862 196, 812 13, 217,126
560,153 494, 274 10, 347 1, 064, 774
1,442, 670 754, 685 14, 584 2,211,939
209, 273
32, 997 6,586
169, 690
402, 965
283, 772 117,169 2,024
178,868
73, 271 1,215
104, 382

5,629
1,182
876

Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..

984
65
273

Total
deposits

Bills payable, rediscounts,
and other
liabilities
for borrowed
money

7,697

Total Southern States 1,727,971

1,934




742,743

21,049

2,491,763

133
17
53
733
573
526

5,439

7,941
1,227
8,338
36, 912
13, 374
22,182

3,248 2,537
643
31,043
1,489
1,066
3 38, 331 11, 878
3 26,018 2,531
16, 723 7,445

1,709
235
1,856
8,945
689
4,888

1,218

1,677

2,035

9, 974

26, 523

18, 322

32,970
271
110

10, 497
3,410
3,038
211
967

17, 756 67, 805
3,023
901
7,267 7,599
393
220
686
549
574
819

506,178
68, 328
130, 221
9,975
22, 021
10, 425

637,163 155, 929
29, 742 11, 991
233, 919 39, 478
18, 889 6,354
16, 702 6,223
10, 636 5,179

49, 778
9,191
54, 597
803
3,794
1,379

33, 365

18, 561

27, 577 80,015

747,148

947,051 225,154

119, 542

731
229
951
50
367
102
104
99
179
191
37
374
195

789
139
1,281
37
334
214
224
373
128
337

3
234

2,371
115
1,826
35
1,583
79
90
173
240
278
18
513
844

302

8,165

3,609

10

Total Eastern States- 14,134,119 2, 919, 258 231, 568 17, 284,945
303,423
158, 821 142, 492 2,110
161, 259
61, 969 2,114
97,176
453, 763
99, 983 4,357
349, 423
62, 600
16, 956
311
45, 333
204, 640
65, 434
966
138, 240
123,809
35, 552 1,295
86, 962
116,973
35, 265
406
81, 302
147, 646
48, 532
548
179,192
47, 556 1,124
130, 512
229, 241
31,402 1,989
195, 850
20, 585
94, 733
669
73, 479
70, 930 4,331
247, 400
172,139
167,084
66, 087
829
100,168

Virginia
West V i r g i n i a North Carolina .
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

870
529
187

120
2
34
1,966
2,245
1,072

Capital
stock a

Reserves
and retirement
account
for preUnSurplus divided ferred
profits stock and
capital
notes and
debentures

102

54
352
203
261
77
47
55
9
279
75
497
25
46

86,429

666

19, 569
13,477
17, 745
3,988
15, 701
7,824
7,980
10,835
10, 547
19, 296
7,015
22, 961
12, 911

11,126
8,975
16, 942
2, 781
10, 336
5,794
3,899
6,498
7,001
8,779
2.985
12, 864
5, 280

4,522
3,336
6,617
1,407
4,771
1,716
3,047
1,526
2,748
4,777
2,119
3,789
3,441

2,861
1,471
4,451
260
1,272
1.006
632
937
2,007
1,309
687
2,262
1,048

11, 488

169, 849

103, 260

43,816

20, 203

Ohio
Indiana
Illinois
Tyrichisan
Wisconsin
M. innesota
Iowa
Missouri-

663,109
185,130
400, 831
454, 378
258, 080
131, 980
182, 859
205, 619

14,129
4,439
12, 499
10, 377
5,063
2,911
4,956
6,260

1, 614,148
479, 582
1, 404, 974
889, 331
474, 994
238, 075
482, 587
973, 822

15
10
3,737

12

4, 014, 893 2,481, 986

4,391

27

936,910
290,013
991, 644
424, 576
211, 851
103,184
294, 772
761, 943

--

Total Middle Western States

232
2

6
9

5
132

60, 634

6, 557, 513

10, 986
14 742
20, 330
43, 698
18, 522
7,293
21, 879
3,189
14, 899

262
272
336
1,345
580
154
872
117
699

30, 699
44 210
76, 502
186, 667
69,908
20, 330
63, 854
14, 773
65,177

411, 945

155, 538

4,637

572,120

39,469
17, 409
578, 798
15, 653
50, 990
2,412
16, 098

33, 204
15, 698
848, 668
6,133
43, 229
1,276
14, 371

579
146
11, 263
124
709
13
406

73, 252
33, 253
1,438, 729
21.910
94,928
3,701
30, 875

720, 829

962, 579

13, 240

1, 696, 648

Total United States
(exclusive of posses21, 886, 645 7, 812, 642 346, 569 30, 045, 856
sions)

16, 364

"Wvominsr
Colorado
T^ew M^exico
Oklahoma
Total Western States.
Washinston
Oresron
California

-

Idaho
Utah

Arizona

--

Total Pacific S t a t e s -

Alaska
Canal Zone (Panama)

7 607
14,135
133
41,432
78,145
50, 770
146

5 728
3,755
353
48, 880
58, 238
35, 309
120

255
2,253
3,693
5

13 486
17, 926
486
90, 567
138, 636
89, 772
271

192, 368

152, 383

6,393

151
36

16, 246
7,953
22, 615
9,631
7 649
4,660
8 840
18, 271

5,729
3,076
23,600
6,490
7 287
1,936
3 656
3,986

10, 383

9,506

18, 223

349, 818

171, 995

95, 865

55, 760

31
16
41
119
78
35
72
50

24
7
1
29
75
6
392
1
10

8
17
10
233
24
9
16
4
140

2 920
3 666
7*722
14, 603
3 841
1,370
3,236
825
4,625

1 070
1 283
2 883
9,201
2 209
1,000
2,640
416
2,647

392
1 219
1 618
4,077
1 090
261
1,403
-S3
1,640

121
276
438
529
396
217
501
244
159

2

442

545

461

42, 808

23, 349

11, 783

2,881

408
33
3,887
6
20
1
15

103
4
2,106

135
15
60, 743
3
162
7

4.215
2 106
64, 957
1 270
5,922
225
1,073

2,488
911
41, 726
862
3,593
90
1,142

1,644
635
24, 927
426
2,012
98
183

433
165
11 112
114
592
5
30

3,764

4,370

2,308

61, 065

79, 768

50, 812

29, 925

12,451

39,145

43, 598

48, 984 173, 287 1, 479, 365 1, 382, 896 433,066

229,159

36
30
763

158
732
5

3,606

208

37
1
57

685

Total United States
22,079,013 7,965,025 352, 962 30, 397,000
and possessions

20, 248

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).

335

424

144
6
89
12,164
6,632
2

117

25
6,055
27, 871
3,545
25

35
4,801
7,371
1,004
6

32
1,782
923
474
5

11
2,668
6,320
602
1

19, 037

38, 206

13, 552

3,640

9,719

50,031 192, 324 1, 517, 571 1, 396, 448 436, 706

238,878

5

130
819

208

11
3
1,426
96

160
782
100

949

3,884




45, 016
13, 784
30,517
23, 986
10 878
7,725
14 370
25, 719

167
146
384

351,144

Total possessions

94, 877
31,153
44, 300
47, 261
37 512
15, 041
23 751
55, 923

2

140
60
2,622
1,062

The Territory of Hawaii
PhiliDnines
"Pnprto Rioo
American Samoa

7,422
357
3,518
1,607
251
239
758
4,071

496

737

TT -n<;a<?
TVToTitana

4,411
361
1, 604
1,281
232
124
99
1,394

192
26

395

19, 451
29 196
55, 836
141,624
50, 806
12,883
41, 103
11, 467
49, 579

"Morth "Dakota

2,498
550
809
3,855
267
256
265
1,883

141

1,536

1,047

40, 094

45,134

«Includes capital notes and debentures.

* Includes guaranty fund.

(See classification on pp. 224 and 225.)

fcO

TABLE NO. 52.—Assets and liabilities of active State (commercial) banks, June 80, 1941 —Continued

to

[In thousands of dollars]

8
Loans and discounts

Location

Maine __
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

1,599

_

_

Openmarket
paper

939
15
905
340
69
769

810
96
270
33,836
4 664
7,602

11
3,671
16
409

380
5,482
1 379
4,255

1,489
63
6,190
542
670
1,056

9,739
4,287
15,461
59,028
31, 589
46, 323

6,025
1,661
4,769
20,003
14. 682
9,331

254
88

12,475
1,659
4,076
63,231
11,032
31, 385

3,037

47, 278

4,284

13,095

10,010

166, 427

56,471

365

123, 858

85

1,636, 296
59, 680
261, 998
19, 944
26, 935
8,849

__

Agricultural
loans

138, 497

New York
New Jersey
Pennsylvania _
Delaware
Maryland
District of Columbia




177

Real-estate loans

13,897
1,703
4,292
54, 725
20 081
43, 799

Total New England States

Virginia..
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States

Other loans
for the
purpose of
purchasing
or carrying
stocks,
bonds, and
other
securities

Commercial and
industrial
loans

_

Total Eastern States.

Loans to
brokers
and
dealers
in
securities

11,176
816
2,230
116
1,982

77 548
10,005
16 576
2,035
1,999
704

305,428
3,562
25 249
2,680
955
393

183, 317
10,001
42,429
4,598
6,600
1,064

7,069
1,349
7,132
2,321
6,972
45

163,864
119, 352
150,177
9,581
27,699
25,470

98, 377
33, 253
50, 332
5,371
7,923
10, 547

22, 251
10
129
5
10

494,103
101, 777
201, 561
15, 422
46,681
26, 359

2,284
28
44
10
62

2,013,702

16. 320

108,867

338,267

248,009

24,888

496,143

205, 803

22, 405

885,903

2,436

38,080
16, 493
56, 233
3,878
28,923
9 475
8,373
6,596
16, 271
23, 456
4,681
27, 997
14, 544

4,079
1,699
7,993
3,544
12,072
2 147
9,712
10, 619
4,191
32, 371
9,239
7,779
10, 436

4 749
1,609
4 456
35
656
504
6
415
217
554
2,266
3,493
263

466
293
1,240
23
369
638
51
218
444
155

9,202
4,012
8,199
1,399
5,956
1,557
3,309
7,178
5,005
2,234
1,987
19, 553
9,571

28,906
17,900
12, 534
3,726
18,495
7,037
6,979
6,332
8,187
8,898
4,377
19, 955
9,621

7,450
5,064
9,838
774
5,657
3,262
2,110
3,276
4,420
2,732
1,495
8,187
3,680

63
50
381

3
107
5
13
10
168
27

72,912
21,665
57,082
6,450
34,486
13,163
13, 945
16,890
21, 586
29,097
8,979
37, 749
32, 755

24
28

308
483

1,799
4,478
4,237
660
2,698
892
504
1,312
919
927
386
2,021
2,141

25
100
9
64
77
79
233
22
84
82

255,000

115,881

19, 223

4,688

22,974

79,162

151, 947

57,945

912

366,759

836

On farm
land

On resi- On other
properdential
ties
properties

Loans
to
banks

23

85

All other
loans

Overdrafts

14
1
7
50
3
10

8

9

Ohio.

-

145,013
29, 575
119,002
62, 533
51,023
13,127
34, 351
126,122

-

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
i All real estate loans.




14, 653
23,090
33, 260
18. 534
22, 886
40, 328
95, 985
33,511

4,576
7,851
33, 990
8,975
4,772
1,936
5,988
1,618

5,131
48
9,894
504
498

580, 746

„

Indiana
;
Illinois
_
Michigan
Wisconsin
Minnesota - Iowa
Missouri
Total Middle Western States

282, 247

69, 706

1,143
1,524
3,181
15, 747
2,849
1,019
7,642
1,738
3,825

10,014
15,695
26,965
41,153
10, 540
5,201
7,249
2,506
13,464

109
28
374
1,267
1,793
146
399
166
46

38, 668

132, 787

4,328

6,783
1,897
108, 492
1,459
9,281
341
1,361

4,243
2,442
12, 763
3,473
6,730
510
1,480

646
133
9,913
195
1,018

129,614

31,641

11,930

3,156, 227

581, 913

261, 332

134
188
16
78
243

166, 597
42, 766
71, 237
74,100
34,106
29, 618
39, 735
80,151

75
35
88
63
63
85
92
139

132,427

1,059

538,310

640

206
613
291
1,687
596
496
622
284
269

3
37
65
69

1 905
2 354
6,117
14, 795
3,898
1,305
5,559
1 139
10,154

22
27
43
98
34
25
10
3
47

19, 040

5,064

174

47, 226

309

8,424
2,600
256, 744
794
11,180
271
4,716

2,528
1,046
96, 664
491
5,270
244
982

8
25
58

9,791
3 717
113, 347
1,858
7,146
161
1,549

16
18
503
13
86
1
2

28,920

284,729

107, 225

101

137, 569

639

332, 239

1, 642,123

564, 935

25,016

2,099, 625

4,945

3,718
2 960
285
2 9, 378
2 56,038
212,040
16

3

27, 638
17, 954
13,113
14, 702
23, 278
14, 983
43,166
17,108

170,242
55 907
51, 957
94, 882
45, 806
20,134
31,115
53, 794

42,000
10, 920
8,045
20. 703
16, 355
4 207
7,248
22, 949

180
220

475
2,611

12, 235
1,858
11,098
12, 470
5,876
679
1,176
9,948

19,161

55, 340

171,942

523,837

32
143
443
667
1,021
141
894
68
146

694
1,273
3,772
8,827
692
400
462
175
1,022

619
1,510
1,148
7,809
2,839
1,536
2,079
462
1,038

150

3,555

17, 317

21

378
94
18, 771
58
724
6
245

1,295
795
23, 702
344
2,226
139
419

4,490

20, 276

371,040

363, 249

18
113
12
7

4,264
205

25

10

i 1,685

_ __

789
26
8,896
31, 662
18, 431
24

100
3,201
4.946

1
1,498
1,119

1
81
18

155
71
544

15
18
18, 431
1,478

72
13, 301
11,487
2,640

658
1,319
580

325

59, 828

8,247

2,618

99

771

19, 942

29,185

2,557

325

82,435

3

3, 216,055

590,160

263, 950

371,139

364,020

352,181

1, 671, 308

567,492

25, 341

2,182,060

4,948

2 Includes amounts reported as overdrafts.

to
to

TABLE NO. 52.—Assets and liabilities of active State (commercial) banks, June 30, 1941—Continued

to
to
to

[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.
Govern- Reconment
struc- Home
direct
Owntion
ers'
obligaFitions
Loan
nance CorpoCorpo- ration
ration

12,017
2,218
6,718
185, 879
75, 278
71, 797

846
398
564
4,818
4,035
3,448

353, 907 14,109

Federal
Farm
Mortgage
Corporation

Other
Govern
ment
corporations
and
agencies

2,269
586
932
6,524
4,977
8,285

817
477
655
2,230
96
1,605

256
541
4,584
2,488
3,826

23, 573

5,880

12, 333

Other bonds, notes, and debentures

Obligations of
States
and
political
subdivisions (including
warrants)

U. S. Government corporations and agencies, not guaranteed
by United States

Federal
land
banks

Other domestic corporations

Other
GovFederneral
ment Railinter- corpomeroads
diate rations
and
credit agenbanks cies

192

2,017
657
2,682
26, 277
6,039
17, 504

56
1,602
122
72

1,042
1,028
1,096

55,176

2,044

3,166

Public Indusutili- trials
ties

2,740 4,633
876
622
1,572 4,315
15, 858 12, 909
956
5,947 5,471
~156~ 6,380 4,010

Stocks
of
foreign
corporations

76
7
54
8
174

1,976
217
86
5,467
2,096
1,953

252
1,699
437
803

1,033
264
1,600
2,386
883
2,917

2,479
1,077
1,329
9,488
13, 852
6,005

33, 373 31, 960 11, 795

4,232

9,083

1,041

34, 230

319

3, 942, 707 611, 908 221,400 141,940 171, 441
225, 731 25, 642 19, 732 6,208 16. 324
489. 322 21,154 43, 275 10,161 17, 352
43, 736 5,087
5,928
572
3,143
70, 899 9,845 7,349 3,742 4,610
1,286
39,138
735
4,430
1,927

438. 516 36, 323 61, 979 27,142 110, 504 67,006 88, 933 37, 778 24, 589 95, 279
66, 277
81
716
7,241 23, 985 18, 888 11,085 2,456
2,076 19,117
104, 942 2,015
1,594 10, 292 98, 623 62, 857 53, 733 10, 759 15, 921 84,886
6,005 1,935
3,759
10, 809
25
92
3,940
734
734
6, 612 4,407
3,628
193
5,349
11, 510 3,357
1,179
586
946
2,342 2,184
1,164
1,732
1,137
1,345
1,067
500
293

4,959
84
201
2
28

4,811,533 674,371 302,114 164, 550 214,156

633, 399 44,168

5,274

30,707
14, 587
57.117
6. 733
15,475
13, 226
14. 095
6,980
11,629

3,423
2,536
6,406
42
1,391
740
401
556
460

6,127
2,295
19, 365
408
2,770
2,548
347
677
619

1,517
926
4,179
359
1,005
867
1,326
787
389

1,170
1,272
4,366
108
912
278
77
102
118

13. 937
7, 541
37, 612
9,050
8,205
14. 069
12,136
40.197
34, 708

944
635
672
89
312
245
72
31
21

1,115

All
other

Stocks
of Federal
Reserve
banks
Forand
eignpublic other
doand mestic
private corporations

64, 240 46, 027 248, 071 157, 277 162, 302 53,406
606
~i,~873~

2,104
40
4,861
57
257
65
20
42

2,597
1,731
1,416

388
1,827
471
1,048
94
254

1,530
939
641
598
1,087
403
286
30
146

2,052
1.248
708
164
1,117
45
358
221
105

1, 542
964
333
62
517
94
100
387
559

44, 559 209, 708
225
124
2
4
200
63
125
47
56

1,837
2,144
2,340
328
2,184
302
513
232
1,339

Texas .
Arkansas
Kentucky
Tennessee _

19,203
8, 122
31,017
10, 551

725
610
1,200
712

3 038
1,851
1,783
1,151

1 054
263
2,750
556

239, 442

19, 202

42, 979

335, 854
87, 588
207, 603
166, 410
55, 962
34, 099
50, 257
169, 010

27, 464
4 959
64, 799
7,427
3,883
693
2,112
12, 894

33,858
7 195
15, 183
21, 650
5,252
3 427
5,958
12, 206

Total Middle Western S t a t e s - 1,106, 783 124, 231 104, 729

Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

__ _

26 836
11 985
11,390
16,417

180
219
757
37

34
876

121
288
194
434

15, 978

11,847

244, 083

4,214

3,395

8,781

12,985

11,022
6 795
5,998
7,591
4,039
3 098
4,152
12, 572

22, 206
4 920
16, 060
11,173
2,832
1 125
2,123
29, 739

78, 280
19 732
158,738
74, 221
36,915
19 527
29,172
59,054

7,174
1 304
'704
751
880
720
1,652
6,593

1,068
296
3,239
989
158

1,012
724
7,508
1,592
894
308
325
4,890

17, 472
5 756
37, 788
10,320
17, 020
3 304
3,309
10, 906

8,119

17, 253 105, 875

55, 267

90,178

475, 639

19, 778

4 154
4,514
10,944
22, 654
13, 203
1 551
5,852
1,644
5,346

44
56
116
863
1,027
57
194
18
90

233
200
501
2,452
1 474
183
859
240
417

239
490
1 370
3,444
719
341
825
165
551

70
163
213
1,370
1 175
47
72
16
186

1 878
5 227
3 109
15, 277
3 753
' 866
4 901
903
11, 056

50
248
324
306
245
3
131
160
54

69, 862

2,465

6,559

8,144

3,312

46, 970

1,521

416
4
11, 230
25
715
4
53

1 980
643
3,471
145
1,983
2
1,126

2,113
320
3,980
357
841
15
109

762
11
9,503
97
92
60

5,940
4,611
145, 829
2 548
5,721
335
2,985

46
9
1,064
86
164

_

7 218
5,339
380, 664
3 245
15, 518
672
5,954

Total Pacific States..

418, 610

12, 447

9, 350

7,735

10, 525

167, 969

Total United States (exclusive
of possessions)
7, 000,137 846, 825 489, 304 257,554 342, 351 1, 623, 236

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)
Gnam
The Territory of Hawaii—
Philippines-— _ _
Puerto Rico.
American Samoa

__ _ _ _

Total possessions _

_ _

6
2,363

9, 203

1,200

17,132

4

3,528
2 684
4,317
3.350
3,581
845
1,250
3,519

4,333
1,078
8,916
2,279
3,590
632
764
2, 383

7,296
3,041
1,664
1,379
1,301
64
261
28, 609

3

3

8,577

9,297

10, 087
7 172
31, 804
8,271
12,615
1 119
2,374
4,557

15, 552
5 052
30, 260
8.044
13, 406
1,711
2,974
7,093

77, 999

84,092

23, 074

23, 975

43, 615

124
70
266
203
334
32
476
30
5

102
148
127
105
227
67
507

58
46
184
77
73
40
400

22
45
22
485
146
23
97
48
20

1
2

4

7

16

325

2,355

1,540

1,290

927

878

908

5,752
60

87
10
2,219
8
135

420
278
13,933
48
176
52
205

399
558
12, 895
96
1,034
10
45

347
316
7, 085
78
380

115
39
9,182
128
79
7
59

189
210
1,664
20
1
65

84
11
4,404
19
371
4
51

1,487

5,812

2,459

15,112

15, 037

8,206

9,609

2,149

4,944

1

73, 212

84, 748

75, 960 417, 771 292, 390 276, 982 100, 451

81,844 310, 537

5, 640

i 1, 504

157

9
7

118

426

20, 875

Total United States and possessions
7,030,957 846,825 489,396 257,980 342, 351 1, 644, 111

73, 264

708

52

i All other bonds, notes, and debentures.

1

34
29
65
149
235
14
369
20
12

22
27
46
106
85
25
10

52

30, 820

2,573
90
1,159
2,091

1,849
677
1,793
326

1,931
225
23, 823
2,176
2,620
45

56
17
244
36

666
159
2,325
129

352
105
2,230
230

196
227
159
109
609
43
1,000
6
6

9 880
9 123
1 863
9




273
117
2, 519
250

838
1,860
400
346

91
1
92

426

1,012

2,624
562

957

109

16

84, 748

3,202

1

706
1,593
6

33
70

1,077

2,462

103

82, 921 312,999

5,743

16

724

39

86
991

40
1,012

39

957

1,653

76,972 418, 495 295, 592 277,939 102,104

TABLE NO. 52.—Assets and liabilities of active State (commercial) banks, June 80, 1941 rContinued

to

[In thousands of dollars]
Capital

IS

Time deposits

Demand deposits

Deposits of individuals, partnerships, and
corporations

Location

Capital
notes
and
debentures

Maine
_
New Hampshire
Vermont .
Massachusetts
Rhode Island
Connecticut

3, 723
325
6,048
5,244
1,104
2,600

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

Preferred
stock

19,044
44,118

24,110
30,610
17, 973

Individuals,
Common partnerstock
ships,
and corporations

U.S.
Government

States
and
political
subdivisions

629

7,272
879
1,462
21,126
7, 423
24,167

833
122
55
56, 429
3,203
21,911

62, 329

82, 553

4,218
902
2,290
31, 668
12, 270
19, 582

32, 588
3,730
10, 270
384, 058
74, 547
214, 464

208
9,088
33
1,972

70, 930

719, 657

11,930

10
238
27
1,991
62
2,211

76

453

130
221

10
243
461
91

924
216
360
2,692
3,192
1,810

6,685

9,194

517, 785

7,446

4,539

7,112

1,258

16, 468
2.472
37,129
1.010
2, 286
20

84
4,474
7,567
6
2,107
3,796

13,427 341,445
10, 724
4,067
15, 373 71,459
243
1,232
2,961
2,127
2,125
1,037

6,000

538. 727 2, 750, 094 377, 488 2,109,002

59, 385

18,034

44, 853 421, 367

7,662
5, 879
13, 229
2, 533
14,127
1, 008
5,997
15, 567
11, 376
11,419
5,818

10, 908
264
6,326

73,018

625,172

0,325,768

42,042

4,077

15,459
11,513
14, 966
3,614
14, 259
7 35°
5,910
6, 825
8,700
17,198
5,626

112, 847
78, 899
168, 643
38, 065
102, 457
72, 459
59, 973
67, 302
87, 839
163, 369
56, 228

2,181
191
1,516
17
2,701
239
1,839
772
2,072
2,132
20




813
96
246
3,085
981
2,225

857, 904
464, 782
585,044
29, 523
105, 583
66,166

33
1,964
25
343
1,442

1,389

53,855
12, 287
45. 544
153, 050
139, 968
113, 081

Postal
savings i

419

48, 958

10
2,098

285
134

Savings

Deposits Christaccumas
CertifimusavOpen
cates
lated
ings
acof de- for pay- and
counts
posit
ment
simiof per- lar acsonal counts
loans

376, 905 2, 531, 839 377, 055
74, 318
24, 361
295
57, 397
155, 992
19
7,328
2,886
22, 773
33,010
105
6
2,006
14

125
200

472
2,070
4,010
1,837

Banks
in foreign
countries

437, 950 8, 185, 664 101, 989
37, 718
449, 661 11.518
112, 248 1, 214, 276 14, 986
9,903
388
159, 088
17, 653
215, 657 12, 227
9,700
934
101, 422

72
4,243
525

2, 754
31

Banks
in
United
States

13, 974
10, 062
53, 993
6,627
12, 661
12, 107
8,324
23, 292
29. 394
22, 844
10,868

29, 752
8.024
124, 948
624
20, 421
2,157
11,166
7,200
11,185
7,500
6,363

67
323

22
5

111, 387
53, 477
69, 376
13,498
46, 263
30, 889
27, 990
31, 649
33, 574
14, 231
13, 677

1,156
560
339
199
1,990
119

2,543
854
847
133
593
132
73
286
452
184
137

1,153
268
944
210
133
72
40
426
135

States
Banks
and
in
political United
subdi- States
visions

620
131
599
519
462
449
2,780

Banks
in foreiforcountries

20
67
257
80
424
1,979

1,104
68
133
12

38, 402 171,153
500
7,255
6,356
30, 653
29$
619
52
1,920
115

7,317

78, 849 178,472

1,979

1,289
718
3,521
57
423
286
212
575
1,287
214
593

6,010
74
2,005
484
703
2,446
94
2
641
2,775
41

1, 540
435
3,735
41
2,036
159
560
254
186
163
65

19, 252
3,709
127,957
2.828
26,194
15,160
43, 720 23, 288
Kentucky »
2, 608
Tennessee
10, 303
75,854
2,785
15, 802
5,727
39, 208 21, 062
Total Southern
140, 977 1,211,892 19, 293
5,915 22, 957
246,142
528, 939 138, 965
250, 227
417
States
70, 684
763,173 20, 601
572, 439 37,882
69, 609
24,101
92
83,037
490
Ohio
22, 956
213,095
3,622
138, 730 40, 498
8,197
66, 373
Indiana
6,923
42,180
783, 977
2,292
2,120
358, 632 28, 049
49, 968
705
154, 702
Illinois
36,167
329, 370
1,967
430, 566 13, 070
11, 094
74. 694
109
18,436
Michigan
27, 606
171,164
2,079
9,786
27, 558
209, 662 41, 927
120
11, 050
"Wisconsin
13, 807
1,234
295
68, 644 56, 910
18, 991
1,764
Minnesota
82,134
21, 381
221, 739
8,521
106, 403 73, 890
2 370
646
63, 866
Iowa
51, 451
214
473, 588 11,078
153, 753 46, 356
45, 758
231, 305
1,396
3,076
Missouri
Total Middle
286, 232 3, 038, 240 42, 580
416, 817
515,738
1,518 2, 038, 829 338, 582
Western States- 48, 514 15,072
2,285
6,718
3,987
609
16, 517
2,440
26
20
474
North Dakota
7,688
3,186
20,108
159
8,514
5,631
480
415
South Dakota
7,079
47, 641
6,086 13, 874
308
70
7,590
535
335
Nebraska
1 379
13, 224
98, 968
1,298
38, 076
3,282
20, 613 21, 222
Kansas
3,742
3,532
37, 385
8,389
13, 610
194
67
4, 965
115
Montana
11
1,415
824
10, 282
2,257
5,589
546
333
Wyoming
2.681
2,243
34, 954
9
555
4,392
18, 980
1,748
Colorado
1
635
734
9, 143
190
24
2 299
2,411
New Mexico
37, 408
99
6,038
7,413
4,570
55
10, 969
1,103
Oklahoma
T o t a l Western
38, 016
312,406
84, 320 63, 674
1,757
1,539
3,253
84, 926
12, 856
States
2,339
32, 023
3,610
260
5,447
1,739
30, 330
605
Washington
1,799
14 583
25
13 716
2 697
104
307
Oregon
1,557
50,127
443, 472
7,285
770,743 17, 775
27, 477
93, 560
7,004
13, 830
California
1,000
1,209
1,143
11 533
22
291
4 886
127
3 807
Idaho
2,968
5,218
35, 841
2
39, 673
36
7,271
100
7,840
604
Utah
5
2
8
93
197
1,511
1 165
886
Nevada
28
347
1,073
13,119
11
3
13, 950
2,868
97
Arizona
T o t a l Pacific
552,082
63,167
7,639
7,019
874, 463 26, 288
2,516 14, 085
50, 453
103, 636
States
Total United
States (exclusive of posses107, 442 147, 429 1, 224,494 16,160,045 225, 241 1, 399, 394 3, 715,104 386, 861 6,153, 338 634,340
sions)
5,848
117
685
1,053
589
Alaska
- -6,958
6,956
15
206
Canal Zone (Panama)
57
25
76
Guam
6,055
31, 799
260
7,963
1,410
The Territory of Hawaii27, 796
37, 849
12, 660
4,382 23, 254
75
Philippines
3,445
942
36, 205
2,243
100
10, 750
630
Puerto Rico
25
91
55
American Samoa
_.
38, 031
118, 807
9,316
32, 557
75
100
7,026 24, 662
Total possessions .
Total United
States and pos107, 542 147, 504 1, 262, 525 16,278.852 234, 557 1,431,951 3, 722,130 411,523 6,
sessions
i Includes U. S. Treasurer's time deposits—open account.




4,752
3,755
322
35, 097
30, 520
16, 396
120
90, 962

1,862
2,477

821
308

544
2

203
287

323
1,620

169
1,123

26, 200
15, 740
642
1,981
998
51
307
1,377
1,597

7,363
5,274
2,667
2,350
3,994
1,962
204
597
1,435

3,927
7,737
376
3,835
71
362
9
204
663

9,665
691
432
137
1, 522
409
991
250
520

17, 218
21,003
35
5,748
2,972
3,003
4,510
21
321

10,466
2,343
1,750
99
1,185
704
405
117
974

22, 693

18, 483

13, 257

4,952
47
96
143
377
249
25
16
31
71

37, 613
203
1,269
61
48
694
140
66
8
140

7,577
31
51
18
171
93
5
210
5
65

1,055
39
34
55
18
52

2,629

150
13

649
72
20
16, 746
10
116
5

10, 049

16, 969

124
410
16
84
20

5
24
362
93
314

495
25
35
30

1,080

12

80

1,734

810
6
3
3,054

665

160

59

418
30, 777
10
51

49
160

73, 360

3,171

368
9,518

2

2

25
31, 256

83, 874 477, 584

894

223

24,470 149,138 214, 557

1,981

82
1,132

11,611
19, 909
117

507

32, 531

507

244, 300 666, 871

73, 867

16
90

1,132

106

85, 006 477, 690

31
794
..7,809
34 18,165

50

26, 799

50

180

296

24, 766 175, 937 214,607

1,981

TABLE NO. 53.—.

and liabilities of active mutual savings banks, June SO, 1941
ASSETS
[In thousands of dollars]

Location

Number
of banks

Maine
New Hampshire 2
Vermont
Massachusetts
Rhode Island
Connecticut

32
43
8
191
9
72

Total New England States
New York. 4
_.
New Jersey
Pennsylvania
Delaware
Maryland-

355
134
24
7
2
12

Total Eastern States

179
3
4
4
1

Ohio
Indiana
Wisconsin
Minnesota
Total Middle Western States._
Washington
Oregon

•

Loans and
discounts
(including
rediscounts
and overdrafts)

Investments

Bank
Balances premises
owned,
Currency with
and coin other furniture
and
banks*
fixtures

Real
estate
owned
other
than
bank
premises

Investments
and other
assets indirectly
representing
bank premises or other
real estate

21,466
17,273
2,720
94,963
14, 723
81,322

945
2,000
779
19,509
1,073
6,247

3,385
6,824
3,397
112, 764
2,100
34,956

3,796

Customers'
liability
on acceptances outstanding

Interest,
commissions,
rent, and
other income
earned or
accrued but
not collected

84

Total
assets

Other
assets

228
214
87
7,722
77
7,699

150,266
218,898
64,676
2,417,428
195,192
852,443

95,533
122, 585
22,111
1,192, 331
115, 934
375,463

1,030
1,028
474
3 9,703
2,058
6,490

1, 507, 698

1,923, 957

20, 783

232, 467

30, 553

163,426

3,880

112

16,027

3,898,903

3,066. 659
121,520
90,263
13,077
36, 211

2,413,896
171,871
484,072
35, .161
170,634

45,019
2,625
2,074
30
1,301

496,200
25,098
65,462
3,233
43, 510

70,428
5,425
9,579
743
1,550

274.839
28, 751
22,132
290
4,575

6,619
1,119
820

37, 530
1,883
810

15, 582
719
1,983
159

6,426, 772
359,011
677,195
52, 534
257,940

3,327, 730

3, 275, 634

51,049

633,503

87, 725

330, 587

8,558

40, 223

18, 443

7, 773,452

58,102
10,636
2,196
19, 223

61,924
7,117
2,357
45, 500

3,450
393
50
100

8,348
4,743
912
7,137

1,047
83
84
195

3,304
511
11
367

564

247

32
14
1,045

1

136,986
23,515
5,624
73, 568

21,140

1,409

4,193

1,091

564

248

239,693

355

7
1

80,943
3,116

27, 595
68,974
31, 262
980,436
59,165
340,266

50
62

12

90,157

116, 898

3,993

3
1

30,203
2,179

45,094
658

445
11

4,509
228

254
1

76
22

16

Total Pacific States

4

32, 382

45, 752

456

4,737

255

98

16

355

8

84,059

Total United States
1
3
3
4

550

4,957,967

5, 362,241

76,281

891,847

119,942

498,304

13, 545

41,254

34,726

11,996,107

Includes reserve balances and cash items in process of collection.
Includes business of 9 guaranty banks.
Includes cash items.
Includes two "associations" which possess the characteristics of both a savings bank




3

NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 30,1941, 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
o

g

W
O
d

w

LIABILITIES
[In thousands of dollars]

Location

Maine
_.
New Hampshire
Vcimont
_
_
Massachusetts
Rhode Island
Connecticut
Total New England
States
New York
New JerseyPennsylvania
Delaware
Maryland.
Total Eastern States.
Ohio
Indiana
Wisconsin" _
Minnesota
Total Middle Western States
Washington..
Oregon.
Total Pacific States.
Total United States.

AcceptBills payInterest, Interest,
able, redis- Mortgages ances exe- discount,
taxes,
Capital
cuted by
or other
counts,
and
liens on
Other notes
and other bank prem- or for ac- rent, and
other
count of
other in- expenses liabili- and
Surplus
liabilities
ises and reporting come colties debenfor boron other banks and lected but accrued
tures
rowed
and
real estate outstand- not earned unpaid
money
ing

Time
Dedeposits
mand (including Other
de- l
depostal
posits savings) posits

Total
deposits

131,010
195,800
57 442
2,163,467
180.415
760,347

131,010
195,800
57,586
2,163, 531
180,415
760, 347

2

3,488,481

3,488,689

2

5,648,555
318,798
620,891
44,775
229,037

144
64

208

51
231
95

326

981
147

150

6,859,403

479

6,862,056

5
1,185

125,738
19,269
4,991
68,171

2
20

125,745
20,474
4,991
68,171

651
74

218,169

22

219,381

725

1,190

479

75,430
2,933

10,648,489

10,165
817
1,866
2,685
8,312

227,380

143,309

23,845

533,104
34,160
45,304
1,200
2 13,813

146,096
511
4,227
431
314, 259

84,955
3,990
5,228
6,126

11

12

11

6,616

10, 753

600

627, 581

165,524

100, 299

842

1,137

54
120

120

6,698
2,545
414

4,000

978
210
44
1,213

935
212
1
64

1,016

1,257

13,657

2,445

1,212

281
63

8
8

5

1,099
29

600

25

2 4,095
2 83

5
14

i Certified and cashiers' checks (including dividend checks), letters of credit, and trav?
elers' checks sold for cash, and amounts due to reserve agents (transit account).




7,808
6,851
517
97,513
3 605
30,015

2
10

78,363
501

2 15,317
184
2147,596
212, 553
51,730

profits

Reserves
and retirement account for
capital
notes and
debentures

6,133
392
91

75,430
2,933

78, 363
3,572 10,644,416

5,259

8,914
7,929
547
1,444
2
831

2,174

2,024

4,049

1,179

5, 648,555
316, 295
620,891
44,775
228,887

1,210

71
113
423
5,872
543
1,892

Undivided

337

1,128

25

4,178

344

16

8,525

21,811

7,141

872,796

311,622

125,372

2 Includes guaranty funds.
' Includes reserves.

fcO

to

to
to

TABLE NO. 53.—Assets and liabilities of active mutual savings banks, June 80, 1941—Continued

OO

[In thousands of dollars]
Loans and discounts
Other loans
for the purLoans to pose of purCommercial and in- Agricul- Open-mar- brokers and chasing or
carrying
dustrial
tural loans ket paper dealers in
securities stocks, bonds,
loans
and other
securities

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

215

Total New England States

215

62

1, 437,210

9,181

80

4,332
492
204
475

13,062,172
105,090
2 89,021
2 12,815
13,021

182

5; 503

3,282,119

485

30
2

Ohio
Indiana
Wisconsin
^Minnesota

5

3,988

5

3,988

30

185

48

2,542
51

185

Total Middle Western States

48

2,593

Washington
Oregon
.

320
24

Total Pacific States
Total United States___.
1 All real-estate loans.




On other
properties

6,611

6,195
416

5,432

2

land

On residential
properties

2,142

102

Total Eastern States

On farm

1 25,979
163,008
20,435
1 953, 575
39,607
1 334,606

485

62
5,432

New York
New Jersey
Pennsylvania
Delaware
Maryland

Real-estate loans

7,019

11,744
17, 552

Loans to
banks

All other
loans

1,616
5,966
1,728
26,861
6,691
5,660
48,522
4,487
214
750
28
1,088

29, 296

6,567

1 25,163
5,657
1,897
1 19,208

1,647
205

51,925

1,852

33,554

2 29, 545
792

1,362

402

115

9,420

30

667

38

32,939
557
43
15

338
1

344

_

Overdrafts

30,337

1,362

339

15,051

4,801,591

41,671

88,982

38

* Includes loans on other properties.

38

Investments
Obligations guaranteed by
U. S. Government

Location

U. S.
Other
Government Recon- Home Federal Governstruc- Owners' Farm ment
direct
tion
obligaLoan Mort- corpotions Finance Corpo- gage rations
CorpoCorporation

ration

ration

and
agencies

Dther bonds, notes, and debentures
Obligations of U. S. Government corporaStates
tions and agencies, not
guaranteed by United
and political
States
subdivisions
(includOther
Federal Governing war- Federal
inter- ment corrants)
mediate
land

49,898
1,133
Maine.. ..
63
4 946
8,206
New Hampshire
- - ... - 26,121 5,050 6,987 6,061 3,247
64
679
14, 611
332
973
557
Vermont
Massachusetts . . ..
... 700, 994 9,761 35, 035 1,286 9,610
81,105
40,334
5,012
1,927
Rhode Island
1,676
1, 344
7,084
16, 362
Connecticut-,
_ ..___. 182, 993 3,272 8,253 1,634 2,832
Total New England
1, 014, 951 25,231 57,099 11,528 17, 697
States
112, 936
New York
_. .
. . . . . . . 1, 551, 430 93,460 112, 877 34,117 22,866 294, 549
69, 748
1,200
5,539
2,001
721
38 700
New Jersev
173, 552
5,969 15, 361
Pennsylvania .. ._ ...
4, 543
4,298
61, 772
8
1, 598
303
Delaware
. .
_ .
50
1,682
288
925
Maryland.
... ... 97, 239 2,690 3, 685 3,089 4, 507
Total Eastern States
1, 893, 567 103, 622 137, 750 43, 800 32,400
397, 628
Ohio
22, 672
1,961
1,004
4,366
1,773
5,690
4,015
80
331
239
1 749
74
Indiana
_ ...
8
385
245
119
12
1 205
Wisconsin
2,800
6,624
10, 393
Minnesota.. .
... 10, 428
Total Middle Western
2,049
37, 500
States
7,742
8, 755
1,090
19, 037
Washington
„.
23, 662
471
3,228
3, 010
665
6,237
Oregon
207
406
Total Pacific States
23, 869
471
3,228
665
3,010
6,643
Total United States
2. 969. 887 131.373 205. 819 67. 093 51.852
536.244
1
Includes obligations of U. S. Government corporations and agencies not guaranteed




banks

credit
banks

25
818

Other domestic corporations

Rail-

Public Indus-

other

95
1,478
56

3,352

11 583 16 968
18,846 22,084
6
2 003
548
37 177, 991 120,615
83 12 780 18 994
49, 847 51, 663

152

995

All

porations roads utilities trials
and
agencies

Stocks of Stocks

of
For- domestic foreign
corpoeign- rations corpopublic
rations
and
private

2,917

133
1,172
933

2,965
21, 750

3,494
15,959
1,638
54,573
19, 885
36,857

3,976
7,728
511

4,546

5,590

36, 930

132,406

84 606
23 797
72, 789
20 344
14, 329

761
19, 805
279
5,037

i 16,705
3,383
2,723
38
680

3,874
706
1,343

37, 365
31
7
174
2

126 271, 595 232, 327

1,755

3,203

165 921
23 25 728
1,191 117,297
9 691
8 32,142

2,885

3,203

1,222 350,779 215, 865

25, 882

23, 529

5,923

37, 579

8,119

6,794
102

2,134

880
10
23

3

3

239
891

10
20
593

10

169
6,252

5 427
259
132
1,943

3, 295

1,101
248
29
1,863

1,309

623

10

14, 540

7,761

10,191

3,241

3,443

913

164

15

2, 699

1,782

1,923
45

417

783

38

15

2,699

1,782

1,968

417

783

38

1,373 639, 613 457. 735

42, 587

32, 777

47.079

170,936

164

4,667

3.203

by United States.

3

TABLE NO. 53.—Assets and liabilities of active mutual savings banks, June 80, 1941—Continued

CO

[In thousands of dollars]

o
Time deposits

Demand deposits

Deposits of individuals, partnerships, and
corporations
Location

IVI&iiiG
N o w "FTaiiiDsliirp
Vermont
JVTfLSsarhusptts

Individuals,
partnerships,
and
corporations

125

U. S.

Government

States
Banks in Banks in
and
foreign
political United
subStates countries
divisions

2
64

66

129,890
194, 571
56,829
2,149,481
179,472
753, 899

17

18

1,120
1,229
207
13,986
760
6,448

47

5

23,750

47

80
107
309

5

1

73

26,135
3,100
2,305
108
1,799

2,173

1

6,825,417

132

73

Ohio
Indiana
Wisconsin
Minnesota

33,447

124,788
18,644
4,835
68,121

155
137

306
88

489
45
147
50

Total Middle Western States _

216,388

292

731

330

424

714

424

52

52

_




27
25

394

1
3,012

66

441

1

52 1

25

9

10, 584,220

25
90

78,273

1

25

9

75, 430
2,843

Total Pacific States
Total United States

492

330

5
709

132

27

122

5, 622,420
313,048
618, 586
44,455
226,908

2,024

Total Eastern States

309
183

149

New York
New Jersey
Pennsylvania
Delaware
Maryland

Washington
Oregon

125

18

3,464,142

17

Connpcticut

Total New England States _.

Savings

States
Deposits ChristPostal
and
Banks in Banks in
accumusav- political United
foreign
mas
Certifi- lated for savings Open
ings
subStates countries
cates of payment
acdivisions
and
deposit
of
similar counts
personal accounts
loans

90
442

472

57,928

377

810

167

TABLE N O . 54.—Assets and liabilities of active private banks, June SO, 1941l
ASSETS
[In thousands of dollars]
-1

10

Location

M
OS

Connecticut
New York 3
Pennsylvania
Total Eastern States
South Carolina
Ohio
Indiana
Total Middle Western States
Kansas
Total United States

Loans and
discounts
Number (including Invest- Currency
of banks rediscounts ments and coin
and overdrafts)

Real
Bank
estate
premises owned
owned,
other
furniture
than
and fix- bank
tures
premises

Investments
and other Customers' Interest, comliability missions, rent,
assets
indirectly on accept- and other inrepresenting ances out- come earned
bank prem- standing or accrued but
ises or other
not collected
real estate

Other
assets

O

Total
assets

3

362

226

55

138

11

410

4

1,206

6
15

42, 578
6,357

58,961
9,296

706
568

37,456
5,543

131
279

21
376

27

6,313

232

286
2,481

146, 711
24, 900

21

48,935

68, 257

1,274

42, 999

410

397

27

6,313

232

2,767

171, 611

1

864

88

35

154

13
15

2,188
1,983

611
1,118

114
189

844
2,037

58
46

88
55

1
1

28

4,171

1,729

303

2,881

104

143

2

9,333

1

2

4

7

3

54

54,334

1,671

46,179

528

2,773

O
O

3,904
5,429

183, 335

70, 300

1 Excludes private banks which do not report to State banking departments.
2
Includes reserve balances and cash items in process of collection.
3 Includesfiguresfor 1 branch of a New York bank.




Balances
with
other
banks 2

28

1,169

16
978

27

6,313

232

NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 30, 1941, 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.

o
d

to
00

to

TABLE NO. 54.—Assets and liabilities of active private banks, June 30, 191^1—Continued

CO

LIABILITIES

to

[In thousands of dollars]
Time
De- deposits
mand (includ- Other
de- l
ing
deposits postal posits
savings)

Location

Connecticut

523

New York
Pennsylvania
Total Eastern States

117,998
12, 598

200
38

9

7,121

66

1,172 142,806

238

9

7,121

66

Indiana
Total Middle Western States.—

15

81

128

776 3,500
2,453 2 2,365

10,980

5

855
309

128

3,229

10,980

5

1,164

1

5,865

_

11,038
98

1

744

400

1,611
3,876

1,627
1,033

8
9

3,246
4,918

294
216

216
213

145
81

3
1

5,487

2,660

17

8,164

510

429

226

10

5

6,910

11,429

337




o
o

4

1

1,168

1
137, 252

14,095

1,190 152,537

292

117

7,121

66

128

3,230

25

1 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.

2

W

125

108

875 123,071
297 19, 735

O
Reserves

645

Ohio

Total United States

54

UndiOther
liabili- Capital Surplus vided
stock
profits
ties

130,596

South Carolina

Kansas

822

299
4,198 ,
6,840

Total
deposits

Bills pay- Mortgages Acceptances
Interest,
Interest,
able, reexecuted discount, taxes, and
or other
discounts,
by or for
liens on
other exand other bank prem- account of rent, and
other inpenses
liabilities
reporting come col- accrued
ises and
for boron other banks and lected but
and
rowed
real estate outstand- not earned unpaid
money
ing

o
f

o

Loans and discounts

Location

Connecticut
New York
Pennsylvania _
Total Eastern States

Commercial and
Agriculindustrial tural loans
loans

Openmarket
paper

Otljer loans
for the
Loans to pose of purpurbrokers
chasing or
and
carrying
dealers in stocks, bonds,
securities
and other
securities

Real-estate loans
On farm
land

113
4
56

2,776
745

5,989
30

28,918

60

3,521

6,019

5,212
487
5,699

22
148

43
509

Loans to
banks

All other
loans

Overdrafts

d

i

61
111

870~
2,537

466
12

111

3,407

478

829

27

170

552

4

3

1

407

468

237

1697
332

59

1,491
479

1

407

468

237

1,029

59

1,970

1

29,438

532

410

1,770

170

6,269

Ohio

1

On other
properties

i 188

27,196
1,722

South Carolina.
Indiana
Total Middle Western States....
Kansas __ _
_
Total United States

On residential
properties

o
o
o

2

3,521

6,019

5,699

506

All real-estate loans.




o
d

CO
CO

TABLE N O . 54.—Assets and liabilities of active private banks, June 80, 1941—Continued
[In thousands of dollars]
Investments

Location

U. S.
Government
direct
obligations

Other
Recon- Home Federal Governstruc- Owners' Farm ment
tion Fi- Loan Mort- corponance Corpo- gage rations
Corpo-. ration Corpo- and
ration agenration
cies

Connecticut
New York
_
_
Pennsylvania
Total Eastern States

H

Other bonds, notes, and debentures

Obligations guaranteed by U. S.
Government

o

Obliga- IT. S. Government corporations and agencies, not
tions of
Other domestic corporations
guaranteed' by United
States
States
and political subdivisions
Federal
(includOther
ing war- Federal interme- Governrants)
ment cor- Rail- Public Indus- All
land
diate
banks
credit porations roads utilities trials other
banks and agen-

Ha

Stocks of Stocks
For- domestic of foreigncorpoeign
public rations corpoand
rations
private

i

cies

71

115

40

30,390
4,068

5,641
140

1,225
360

1
106

4,426
101

4,833
498

3,790
46

706
0

508
62

391
625

1,00*
914

810
1,028

324
142

40
201

4,875
1,005

34, 458

5,781

1,585

107

4,527

5,331

3,836

706

570

1,016

1,915

1,838

466

241

5,880

South Carolina

23

63

2

Ohio
Indiana

355
634

4

47

66

12

170
250

5

6

26
19

18
25

22
8

4
30

7
3

9
9

Total Middle Western
States
Kansas

989

4

47

66

12

420

5

6

45

43

30

34

10

18

35, 447

5, 785

1,632

173

4,539

5,929

3,841

576

1,061

1,958

1,868

594

251

5,940

Total United States




706

O
*4

3

O1
IT

W

Demand deposits

Time deposits
Deposits of individuals, partnerships, and corporations

Location

Connecticut
New York
Pennsvlvania
Total Eastern States
South Carolina
Ohio

Indiana
Total Middle Western States.__
Kansas
Total United States




Individuals,
partnerships,
and corporations

U.S.
Government

States
and political
subdivisions

Banks
in
United
States

Banks
in
foreign
countries

Savings

Certificates of
deposit

Deposits
accumu- Christmas Open
lated for
savings
acpayment and similar counts
of personal accounts
loans

Postal
savings

States
and political
subdivisions

Banks
in
United
States

Banks
in
foreign
countries

299

523
81, 238
8 910

68
256

16,044
3,432

20, 648

90,148

324

19, 476

20, 648

984
4,720

925
991

4
947

2,084

5,704

1,916

951

2,084

201
182
182

201

o
o

98

567

78

1 356
3,018

255
858

902
474

711
549

10

4,374

1,113

1,376

1,260

10

7,379

3,274

961

14

o

14

1
95, 613

1,515

19, 476

20, 648

2,084

196

201

d

o
<
to
CO

TABLE NO. 55.—Assets and liabilities of all active banks other than national, June SO, 1941 {includes State (commercial), mutual savings, and
private banks) 1
ASSETS
[In thousands of dollars]
Loans and
discounts
Number (including
of banks rediscounts
and overdrafts)

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
-

55
41
263
23
150

Total New England States.

128, 310
130, 240
43,467
1, 474, 058
238, 857
505, 546

25, 026
7,661
20, 685

48, 211
20,053
11,609
275, 356
60, 902
221, 461

61, 302

4,888
1,407
1,635

2,587
2,229
2,285
32, 282
12, 759
18, 012

5,601
7,281
5,859
118, 702
3,996
39, 827

321
6
3,912
2,331
5, 383
201

73

Other
assets

Total
assets

397
253
284
8,635
589
8,047

265,170
239,928
136, 763
3,159,204
474,822
1, 299, 579
5, 575,466

238
676

978
649
145

914

1,934

18, 205

36, 948 21,274,336
3,682 1, 551,874
18, 607 3, 391,169
76
298, 652
2,796
711,871
196
208, 318

Total Eastern States

62, 305 27, 436, 220

595

2, 071, 467

2, 520,478

637, 592

70,154

181, 266

12,154

439
158
398
30
124
13

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Virginia....
West Virginia
North Carolina
South Carolina
Georgia.
Florida.
Alabama...
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

74, 782
78,459
67, 623
1, 221, 598
143,350
485, 655

Investments

Investments
CusInterest,
Real
Bank
and other
estate
assets indi- tomers' commissions,
Balances premises owned
rent, and
owned,
Currency
rectly repre- liability other income
with
on acfurniture other senting bank ceptances earned or
and coin
other
than
premises or outstand- accrued but
banks2
and
bank
fixtures premises other real
not collected
ing
estate

6,110,950
461, 353
854,477
75,160
164,029
73, 439

8, 555, 261 212, 294 5, 671,132
31,715
338, 789
617, 514
52, 473
746, 246
1, 520,455
3,241
93,211
121, 662
12,116
210, 062
304,874
59, 280 . 4,919 57, 254

235, 913
38, 525
77, 310
2,957
9,942
8,170

318, 274
52, 699

101, 579
1,372
6,117
2,175

29, 671
2,623
15, 048
664
302
2,539

34, 225
271
110
14

4,703
4,864
309
1,619

316, 758 7,116,694

372, 817

482, 216

50, 847

34, 620

81, 509

7,993
3,532
6,428
660
5,052
2,121
1,717
2,927
2,401
4,360
1,299
4,916
4,533

1,929
2,890
1,321
434
3,540
781
1,446
837
818
958
359
2,503
2,080

1,096
1,017
19
1
38
389
416
107
3,506
39
1
290
368

3
234

314
123
1,005
4
187
56
138
54
165
43
4
184
76

4,729
493
382
6,421
803

345, 453
189,353
503, 786
72,327
239, 341
140, 624
133,008
168,142
202, 053
264,491
107, 937
297, 361
191,728

47, 939

19, 896

7,287

302

2, 353

19, 172

2, 855, 604

1,162

...

Total Southern States




7, 739, 408 11,179,046

184
104
184
129
235
121
152
183
117
391
166
310
226

167, 730
73, 291
162, 202
21, 378
109, 497
38, 684
45,056
52, 020
61. 324
100, 670
33, 442
127, 294
83, 603

2,502

1, 076,191

70,319
36, 982
141,891
18, 478
37, 259
33,416
30, 910
50, 383
50, 701
57, 765
26, 363
59, 796
34,144

7,911
5,538
11,805
2,929
6,021
5,285
3,453
5,194
6,479
7,442
2,398
6, 085
4,730

87, 252
65, 237
177, 503
28, 269
77,129
59,097
49, 260
55, 674
71, 930
92, 721
43, 689
89, 869
61,157

648, 407

75, 270

958,

787

909
743

1,605
174
562
793
612
946

to
CO

Ohio
Indiana Illinois
Michigan
Wisconsin
Minnesota _
Iowa
Missouri

4,377
587
3,189
1,278
1,216
314
77
2,656

1,931,616
565, 771
1, 532,129
983, 863
544, 694
341, 651
534, 341
1,088, 938

477

7,452

13, 694

7, 523,003

48

35, 267
50,861
89, 361
215, 858
77, 621
23, 264
72,114
16,346
74, 478

544,812
164 733
537, 593
304, 722
145, 638
68 671
142,916
338, 638

29,809
8 988
12, 290
15,118
8,375
3, 702
5,039
11,866

14, 572
5,244
2,962
1,420
2,805
1,156
1,059
4,804

3,584
561
1,183
1,395
1, 677
1,048
879
945

2, 469, 743

2, 479, 237

164,196

2, 247, 723

95,187

34,022

11,272

14, 747
23, 204
42 417
92, 234
24 274
10, 269
24 923
6,541
30,011

7,226
11, 490
17 455
47, 646
23 305
3,292
15 693
3,250
17, 754

797
1,046
1,691
4,031
1 625
612
1 933
593
1,859

11,213
13,894
26 420
67, 227
27 153
8,676
28 397
5,754
24,143

678
805
1,128
3,053
799
364
890
180
624

403
244
130
624
171
23
138
20
23

4
20
367
3

6
3
160

268, 620

147, 111

14,187

212, 877

8,521

95
47
131
31
47
5
7

Total Pacific States

44, 522
16 065
25,916
25, 904
13, 247
5 986
18,214
14, 342

1,372

Washington
Oregon
California
Idaho -_
Utah
Nevada
Arizona

638, 744
166 531
594,581
325, 447
164, 685
116 172
106, 689
366, 388

115
124
285
479
69
32
66
19
183

Total Western States

648, 630
202 843
351, 684
307, 600
207, 047
144 336
259,409
348,194

3,731

Total Middle Western States
North Dakota
South Dakota
Nebraska
.
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

64, 336
14, 946
645, 221
8 685
43,876
1 673
10, 779

65, 210
13,017
612, 876
6 900
27, 270
1 101
10,830

2,393
1,047
18, 562
657
1,587
166
1,046

29, 675
10, 640
330, 327
7 955
33,146
1 112
9,954

1,366
340
25, 265
316
111
57
278

363

Total United States (exclusive of
possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa

5
132

2,425
219
2,558
953
4
266
54
973

141

453
382
495
364
470
491
541
535

9, 725

14,414, 945 17, 711, 483

..

Total United States and possessions

291

1,390

655,170

165
165
12,977
33
90
7
330

5
27
76
4
274

393
32
2,136

78
24
1,802
46
246

5
22

158
3,283

1

142

163, 779
40, 238
1, 652, 525
24, 596
107, 266
4,121
33, 382

2,338

2,025, 907

387

3,441

2,588

657,171 11,596,482

623, 017

732, 943

82, 344

39, 754

96,127

4,338
429
37
19, 460
30, 947
7,017
98

256
70
2
2,192
2,680
1,085
1

72
2
880
3,285
595
8

62, 326

6,286

698, 848 11, 658, 808

629, 303

225
39, 495
15, 527
4,530
86

1,112
1,586
67
9,954
20, 333
8,565
60

58

206, 010

63, 455

41, 677

* Excludes private banks which do not report to State banking departments.
2
Includes reserve balances and cash items in process of collection.




397

13, 767

3,592

17, 774, 938

6

1,776

68

28, 399

25, 458

5,406
1,851
398
33, 985
123, 348
40, 984
40

9,783 14, 620, 955

1
2

151
158
114
673
131
28
72
7
56

422, 809

737, 204

13
2
1
11
317
13
1

..

Total possessions..

789, 516

173
26

117,104 46,071, 370

95
3
4
41
25
195
2

176
14,136
11
178
1,972
40, 336
15

15, 047
18,075
746
106,185
198,245
104,106
310

56,824

442, 714

300

130
499

4,842

300

629

365

737, 785

82, 644

40, 383

96,492

173, 928 46, 514,084

3 Figures for December 31,1940, except for branch of an American national bank.
CO
4

TABLE N O . 55.—Assets and liabilities of all active banks other than national, June 80, 1941 (includes State (commercial), mutual savings, and
private banks)—Continued

CO

LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Time
deposits
(including
postal
savings)

41,322
187, 761
4,731
208, 788
12,139
104,425
471,050 2, 325, 525
85, 340
325, 541
887, 278
_ _ 263,037

Other
deposits l

Total
deposits

AcceptBills payInterest, Interest,
ances
able, redis- Mortgages
discount, taxes,
executed
or other
and
counts,
by or for rent, and other exliens on
and other bank prem- account of other inliabilities
reporting come col- penses acises and
crued
for borlected
banks and
on other
and unrowed
but not
real estate outstandpaid
money
earned
ing

984
230,067
65
213, 584
273
116,837
8,859 2. 805, 434
1,875
412, 756
3,385 1,153, 700

350
399

139

15,441 4, 932,378

898

11,691,450 7,099, 615 197, 687 18,988,752
810, 569 10, 826 1, 383,572
562,177
~ 1,455,268 1, 382,416 14, 881 2,852, 565
77, 772
254,048
169, 690
6,586
346,056
632,002
283,922
2,024
73, 271
178,868
104, 382
1,215

5,829
1,184
924

Total Eastern States. 14,266,889 9, 789,699 233, 219 24,289,807

7,947

111

54
352
203

7

261
77
47
55
9
279
75
497
25

20
1
12

1,934

46

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

__

Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

877, 619 4, 039, 318

158,821
97,176
349, 423
45, 978
138, 240
86, 962
81, 302
98, 566
130, 512
195, 850
73, 479
172,139
100,168

142,492
61,969
99, 983
17,054
65, 434
35, 552
35, 265
48, 532
47, 556
31, 402
20, 585
70,930
66,087

Total Southern
States
1, 728,616

742, 841

Virginia.
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama.
Mississippi
Louisiana
Texas
Arkansas
Kentucky. .
Tennessee

—

__




2,110
2,114
4,357
312
966
1,295
406
548
1,124
1,989
669
4,331
829

303, 423
161,259
453, 763
63, 344
204, 640
123. 809
116, 973
147, 646
179,192
229.241
94.733
247, 400
167,084

21,050 2, 492, 507 -

Other
liabilities

Capital
stock 8

Surplus

Undivided
profits

Reserves
and retirement
account for
preferred
stock and
capital
notes and
debentures

204
130
476
6,605
1,116
2,419

9,151
1,227
12, 387
36. 912
13, 374
22, 307

3,248 10,345
16,360
7,494
1,250
2,006
185, 927 109, 391
38, 571
3,136
68,468 37, 541

11,874
1,052
3,722
11,630
689
13,200

95, 358

313,824 169, 913

o
o

w

42,167

238
980

1,101
624
187

120
2
85
1,966
3,226
1,219

139

1,218

2,003

6,618

10,950

31
50
30

40,091
271
110

10, 563
3,421
3,038
211
967
438

24, 017
1,293
7,358
393
686
574

76, 510
3,570
11,496
222
1,380
819

509,678 1,181, 247 302,030
68, 928
63, 902 12, 502
132,586
279, 223 43, 705
6,785
9,975
20,089
22,021
30,515 20,482
5,179
10,425
10, 636

135, 588
13,181
60,134
6,929
3,794
1,379

18,638

34,321

93,997

753,613 1, 585,612 390,683

221,005

3
234

2,371
115
1,826
35
1,583
79
90
173
240
278
18
513
844

731
229
951
50
367
102
104
99
179
191
37
374
195

789
139
1,281
37
334
214
224
373
128
337
268
6,098
666

19, 569
13,477
17, 745
4,388
15,701
7,824
7,980
10, 835
10, 547
19, 296
7,015
22, 961
12,911

11,126
8,975
16, 942
2,781
10,336
5,794
3,899
6,498
7,001
8,779
2,985
12. 804
5,280

4,522
3,336
6,617
1,432
4,771
1,716
3,047
1,526
2,748
4,777
2,119
3,789
3,441

2,861
1,471
4,451
260
1,272
1,006
632
937
2,007
1,309
687
2,262
1,048

302

8,165

3,609

11, 488

170. 249

103, 260

43, 841

20, 203

70
79

91

14

10

40,486

7
56
2

2
4

§

o

o
d

938.526
295,074
991,644
424, 576
211,851
103,184
294, 772
761,943

232
2

5
132

790,474
205. 432
400, 831
454,378
263,071
200,151
182,859
205,619

14,139 1,743,139
504,974
4,468
12, 499 1,404,974
10,377
889, 331
5,063
479, 985
2,911
306, 246
482, 587
4,956
6,260
973, 822

15
10
3,737

6
9

Total Middle Western States
4,021, 570 2, 702, 815

60,673 6, 785,058

4,391

27

2,498
550
809
3,855
267
256
265
1,883

5,062
435
1,604
1,281
232
124
99
1,394

8,264
357
3,518
1,607
305
359
758
4,071

96,308
31, 369
44,300
47, 261
37, 632
15,041
23, 751
55, 923

51, 930
16. 542
30, 517
23, 986
11,292
11,725
14, 370
25, 719

496

12

Ohio
Indiana
_
Illinois
Michigan
Wisconsin
Minnesota Iowa
Missouri

192
26

395

10, S86
14 742
20, 330
43 698
18, 522
7,293
21 879
3 189
14, 899

262
272
336
1,345
580
154
872
117
699

30, 699
44, 210
76, 502
186, 668
69, 908
20,330
63 854
14,773
65,177

411, 946

155, 538

4,637

572,121

39, 469
17, 409
578, 798
15,653
50, 990
2,412
16,098

108,634
18, 631
848,668
6 133
43, 229
1,276
14, 371

579
148, 682
36,186
146
11,263 1, 438, 729
124
21,910
709
94,928
13
3,701
406
30, 875

720, 829 1,040, 942

13, 240 1, 775,011

Total United States
(exclusive of possessions)
22,027,469 18,471,153 348,260 40,846,882

16,670

Washington
Oregon
C alifornia
Idaho
Utah
Nevada
Arizona
Total Pacific States..

10,231

19, 239

351, 585

186,081

98, 536

56,976

31
16
41
119
78
35
72
50

24
7
1
29
75
6
392
1
10

8
17
10
233
24
9
16
4
140

2,920
3,666
7.722
14, 613
3,841
1,370
3 236
825
4,625

1,070
1,283
2,883
9,206
2.209
1,000
2 640
416
2,647

392
1 219
1,618
4 077
1,090
261
1 403
83
1,640

121
276
438
529
396
217
501
244
159

2

442

545

461

42, 818

23,354

11, 783

2,881

408
33
3,887
6
20
1
15

108
4
2,106

1,234
44
60, 743
3
162
7

4,240
2,106
64, 957
1,270
5,922
225
1,073

6,583
994
41,726
862
3,593
90
1,142

1,925
698
24,927
426
2,012
98
183

441
173
11,112
114
592
5
30

3,764

4,370

2,313

62,193

79, 793

54,990

30,269

12,467

151
36

46,266

44,001

57,637

198,328 1,493,416 2,267,121 745,025

355,699

167
146
384
36
30
763

158
732
5

3,606

325

255
2,253
3,693
5

140
60
2,622
1,062

6,393

351,144

3,884

Total United States
and possessions
22,219,837 18,623,536 354,653 41,198,026

20, 554

Total possessions

7,607
14,135
133
41,432
78,145
50,770
146

5,728
3,755
353
48,880
58, 238
35, 309
120

192, 368

152, 383

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).




37
1
57

685

13, 486
17,926
486
90, 567
138.636
89,772
271

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii. ~
Philippines
Puerto Rico
American Samoa

6,667
3,289
23,600
6,490
7,288
2,000
3,656
3,986

10, 383

737

Total Western States.

17,369 1
8,244
22,615
9,631
7,693
5,873
8,840
18,271

2

19, 451
29,196
55,836
141, 625
50, 806
12,883
41 103
11,467
49, 579

North Dakota
South Dakota
Nebraska
Kansas
M^ontana
Wyoming
Colorado
New Mexico
Oklahoma

141

5

130
819

160
782
100

949
325

11
3
1,426
96
1,536

1,047

47, 215

45, 537

58, 684

335

424

117

144
6
89
12,164
6,632
2

25
6,055
27, 871
3,545
25

35
4,801
7,371
1,004
6

32
1,782
923
474
5

11
2,668
6,320
602
1

19,037

38, 206

13, 552

3,640

9,719

217, 365 1, 531, 622 2,280,673 748,665

365,418

3 Includes capital notes and debentures.

(See classification on pp. 244 and 245.)

to
o

TABLE N O . 55.—Assets and liabilities of all active banks other than national, June 80, 1941 {includes State (commercial), mutual savings, and
private banks)—Continued
[In thousands of dollars]
Loans and discounts

Commercial and Agricultural loans
industrial
loans

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

13, 897
1,703
4,507
54, 725
20, 081
43, 912

Total New England States.

810
96
270
33,836
10,096
7,602

Other loans
for the purpose of purchasing or
carrying
stocks,
bonds, and
other
securities

177

1,599

11
3,671
16
409

865
5,482
1,379
4,255

1,489
63
12, 385
542
1,086
1,056

Real-estate loans

On farm
land

On residen- On other
tial proper- properties
ties

35, 718
67, 295
35, 896
1, 012, 603
71, 196
381,117

6,025
1,661
6,911
20, 003
21, 701
9,331
65, 632

_._

Total Southern States




3,099

52, 710

4, 284

13, 580

16, 621

1, 603, 825

11,180
816
2,286
116
1,987

80, 324
10, 005
17, 321
2, 035
5,987
704

311,417
3,562
25, 279
2,710
955
393

18S, 529
10, 103
42,916
4,598
6,680
1,064

7,091
5,681
7,772
2,525
7,447
45

3, 226, 079
224, 442
239, 707
22, 396
40, 720
25, 470

2, 042, 622

Total Eastern States

138, 825
1, 663, 492
59, 680
263, 720
19, 944
26, 937

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

15
967
340
69
769

Openmarket
paper

Loans to
brokers
and
dealers in
securities

16, 385

116, 376

344, 316

253, 890

30, 561

38, 080
16, 493
56, 233
3,878
28, 923
9,475
8,373
6,596
16, 271
23, 456
4,681
27, 997
14, 544

4,079
1,699
7,993
3,548
12, 072
2,147
9,712
10, 619
4,19]
32, 371
9,239
7,779
10, 436

4,749
1,609
4,456
35
656
504
6
415
217
554
2,266
3,493
263

466
293
1,240
23
369
638
51
218
444
155

255, 000

115,885

19, 223

483

892
504
1,312
919
927
386
2,021
2,141

9,202
4,012
8,199
1,402
5,956
1,557
3,309
7,178
5,005
2,234
1,987
19, 553
9, 571

22. 974

79, 165

1,799
4,478
4,237

Loans to
banks

23
254

All
other
loans

Overdrafts

14,091
7,625
5,804
90, 092
17, 723
37,106

14
1
7
50
3
10

365

172, 441

85

98, 377
44, 997
50, 443
5, 371
25, 475
10, 547

22, 251
10
129
5
10

499, 460
101, 991
204, 848
15, 450
47, 769
26, 359

2,750
66
56
10
62
8

3, 778, 814

235, 210

22, 405

895, 877

2,952

28, 906
17, 900
12, 534
3,727
18, 495
7,037
6,979
5, 332
8,187
8,898
4,377
19, 955
9,621

7,450
5,064
9,838
774
5,657
3,262
2,110
3,276
4,420
2, 732
1,495
8,187
3,680

63
50
381

3
107
5
13
10
168
27

72, 912
21,665
57, 082
7,279
34, 486
13,163
13,945
, 16,890
21,586
29,097
8,979
37, 749
32, 755

151,948

57, 945

912

367, 588

85

24
28
9
52
100
9
64
77
79
233
22
84
82

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




145,013
30,167
119,002
62, 533
51. 023
13, 127
34, 351
126,122

14,653
23. 606
33, 260
18, 534
22, 886
40, 328
95, 985
33,511

4,576
7,851
33 990
8, 975
4 772
1, 936
5, 988
1,618

5,131
48
9 894
504
498

581, 338

282. 763

69, 706

1,143
1,524
3,181
15, 747
2,849
1,019
7,642
1,738
3,825

10, 014
15, 695
26, 965
41,153
10, 540
5 201
7,249
2 506
13, 464

109
28
374
1,267
1,793
146
399
166
46

38, 668

132, 787

4,328

6, 783
1,897
108, 492
1,459
9 281
341
1,361

4,243
2,442
12, 763
3,473
6 730
510
1,480

646
133
9,913
195
1,018

129, 614

31, 641

11, 930

3, 186, 067

582, 560

274, 273

134
188
16
78
243

201,027
43, 802
71,237
74,100
34,149
29, 633
39. 735
80,151

75
36
88
63
63
85
92
139

134, 338

1,059

573, 834

641

206
613
291
1,687
596
496
622
284
269

3
37
65
69

1,905
2,354
6,117
14, 797
3,898
1,305
5, 559
1,139
10,154

22
27
43
98
34
25
10
3
47

19, 040

5,064

174

47, 228

309

37, 969
3,392
256, 744
794
11,180
271
4,716

2,528
2,408
96, 664
491
5,270
244
982

8
25
58

10,129
3,718
113, 347
1,858
7,146
161
1,549

16
18
503
13
86
1
2

315, 066

108, 587

101

137, 908

639

6, 445, 484

606, 776

25, 016

2,194, 876

5,489

3,718
960
285
9,378
56,038
12, 040
16

3

27, 638
20, 733
13 113
14, 702
23 329
14, 983
43, 166
17,108

196,102
61,896
51 957
94, 882
47 703
39, 342
31, 115
53, 794

42,000
12, 626
8,045
20, 703
16 560
4,207
7, 248
22, 949

180
220

475
2,611

12, 235
1,858
11 098
12, 470
5 876
679
1,176
9,948

19,161

55, 340

174, 772

576 791

32
143
443
667
1,021
141
894
68
146

694
1,273
3,772
8,827
692
400
462
175
1,022

619
1,510
1, 148
7,809
2,839
1,536
2,079
462
1,038

150

3, 555

17,317

21

378
94
18, 771
58
724
6
245

1,615
819
23, 702
344
2,226
139
419

4,490

20, 276

29, 264

377, 089

369, 615

347, 700

18
113
12

7

4,264
205

25

10

1,685
789
26
8.896
31, 662
18, 431
24

100
3,201
4,946

1
1,498
1,119

1
81
18

155
71
544

15
18
18, 431
1,478

72
13, 301
11, 487
2,640

658
1,319
580

325

59, 828

8,247

2,618

99

771

19, 942

29,185

2,557

325

82, 435

3

3, 245,895

590, 807

276,891

377,188

370, 386

367, 642

6, 474, 669

609, 333

25,341

2, 277, 311

5,492

TABLE N O . 55.—Assets and liabilities of all active banks other than national, June SO, 19^1 {includes State {commercial), mutual savings, and
private banks)—Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government
TJ. S.
Govern- Reconment
struc- Home
direct
tion Owners'
obligaFiLoan
tions
nance CorpoCorpo- ration
ration

Location

Maine
Vermont
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

_.-

Federal
Farm
Mortgage
Corporation

Other
Government
corporations
and
agencies

Other bonds, notes, and debentures
Obligations of
States
and
political
subdivisions
(including warrants)

U. S. Government corporations and agencies, not
guaranteed by United
States

Federal
land
banks

217
818
56
1,754
122
72

Federal
intermediate
credit
banks

3

3,166

1,241

304,968 264,287

62, 685
81
1,594

27, 650
7,264
11, 545
92
201
1,067

276,816 152, 613
49,713 42,685
216. 545 136, 560
15, 696 22, 279
38,754 18,736
2,184
2,342

47, 819

3.402
7 573
1,611
41, 559
9,989
16, 538

880
6 538
1 212
3,516
2,023
3,239

638
3 503
873
14,194
4,164
6,658

6,963
8 863
3,655
107, 382
7,383
33,981

1,368,858

39, 340

80, 672

17, 408

30,030

168,227

3,039

68,149

198, 733
17,045
21, 751
3,151
9,117
1,286

737, 898
104,977
167, 212
12, 491
12,435
1,345

6, 739, 558 783, 774 441, 449 208,457

251,083 1,036,358

50.889

30, 707
14. 587
57 117
6 733
15 475
13 226
14 095
6 980
11 629
19,203




3,423
2,536
6,406
42
1,391
740
401
556
460
725

6,127
2,205
19, 365
408
2 770
2,548
347
677
619
3,038

1,517
926
4,179
359
1 005
867
1 326
787
389
1,054

1,170
1,272
4,366
108
912
278
77
102
118
838

13. 937
7,541
37,612
9 113
8,205
14, 069
12 136
40,197
34 708
26,836

944
635
672
89
312
245
72
31
21
180

Public Indusutilities trials

14.323 21,601
19 722 22 706
2,120
6,318
193,849 133, 524
18, 727 24. 465
56, 227 55,673

846
5 448
628
14, 579
11,119
6,720

5, 524, 527 711,009 335, 502 176,058
8,209
295,479 26,842 25,271
666, 942 27, 263 58, 996 14,810
6,216
622
45, 334
5 390
6,831
168,138 12, 535 11,034
735
4,430
1,927
39,138

Railroads

6
993
83
156

61,915
28 339
21,329
886, 873
115,612
254,790

40,113
955
2,952
25
5,112
1,732

Other
Government
corporations and
agencies

Other domestic corporations

1,042
1,028
1,096

3,789

606
1,873

6

2,104
40
4,861
57
257
65
20
42
298
121

other

385
2,871
1,370
874

5,009
7,992
2,111
2,386
3,848
24, 667

5.973
17,036
2,967
64,061
33, 737
42,902

16, 341

9,893

46,013

166,676

319

89, 743
11,846
74, 566
4,038
8,665
1,164

54,807
5,839
13,624
772
1,859
500

24, 629
2.076
19, 996
1,440
2,289
293

137,519
19,148
85,898
4,114
5,351
1,137

4,959
84
201
2
28

599, 866 375,057 190,022

77, 401

50, 723

253,167

5,274

2,052
1,248
708
364
1,117
45
358
221
105
666

1,542
964
333
85
517
94
100
387
559
1,849

226
124
2
4
200
63
125
47
56
56

1,837
2,144
2,340
330
2,184
302
513
232
1,339
2,573

1

2,597
1, 731
1,416
388
1,827
471
1,048
94
254
273

1,530
939
641
598
1,087
403
286
30
146
352

2,071
1 695
142
5,467
5,013
1,953

All

Foreignpublic
and
private

Stocks of
Federal
Reserve Stocks
of forbanks
eign
and
corpoother
domestic rations
corporations

4,393

76
7
54
8
174

610
1,200
712

1,851
1,783
1,151

263
2,750
556

239,442

19,202

42,979

358, 881
92, 237
207, 603
166,410
56, 347
44, 527
50,257
169,010

29, 425
5,043
64, 799
7,427
3,891
693
2,112
12,894

38, 224
7,573
15,183
21. 650
5,497
6,227
5,958
12, 206

1,860
400
346

11,985
11,390
16,417

219
757
37

34
876

288
194
434

15, 978

11,847

244,146

4,214

3,395

8, 781

12,985

12, 795
7,100
5,998
7,591
4,158
9,722
4,152
12, 572

23, 210
5.006
16,060
11,173
2,844
1,125
2,123
29, 739

84,140
21 731
158,738
74 221
38,120
29,920
29,172
59,054

7,174
1,319
704
751
900
1,313
1,652
6,593

1,068
296
3,239
989
158
6
2,363

1,012
730
7,508
1,592
904
308
325
4,890

25,617
5,775
37, 788
10,320
17,189
9, 556
3,309
10,906

Total Middle West1,145, 272 126, 284 112, 518
ern States

495,096

20,406

8,119

17, 269

120,460

9
7

22
27
46
108
85
25
10
4

196
227
159
109
609
43
1,000
6
6

16

325

5,752

8,122
31,017
10,551

Arkansas
Kentucky
Tennessee
Total Southern States
Ohio
Indiana
Illinois . . .
Michigan
Wisconsin.
Minnesota
Iowa
Missouri.,

.
...

. .

North Dakota
S outh Dakota
Nebraska
Kansas, .
Montana
Wyoming.
. . . _.
0 olorado
New Mexico
Oklahoma,
Total Western States .
Washington
Oregon
California .
Idaho
Utah
Nevada
Arizona

. - -

Total Pacific S t a t e s -

677
1,793
326

8,577

9,297

15, 532
7 456
31, 804
8,271
12,747
3,062
2,374
4,557

22, 368
5 162
30 260
8 044
13,406
5 006
2,974
7,093

85,803

94, 313

26, 349

124
70
266
203
334
32
476
30
5

102
148
127
105
227
67
507
7

34
29
65
149
235
14
369
20
12

2,355

1,540

1,290

60

102
10
2,219
8
135

3,119
278
13,933
48
176
52
205

2,181
558
12,895
96
1,034
10
45

2 270
361
7,085
78
380

17,811

16. 819

10,174

64,088

91,280

44
56
116
863
1,027
57
194
18
90

233
200
501
2,452
1,474
183
859
240
417

239
490
1,370
3,444
719
341
825
165
551

70
163
213
1,370
1,175
47
72
16
186

1,878
5, 227
3,109
15,277
3 753
866
4 901
903
11,056

69,862

2,465

6,559

8,144

3,312

46, 970

1, 521

30,880
5 546
380,664
3 245
15,518
672
5, 954

887
4
11, 230
25
715
4
53

5,208
643
3,471
145
1,983
2
1,126

5,123
320
3,980
357
841
15
109

1,427
11
9.503
97
92

210
9
1,064
86
164

60

12,177
5 017
145,829
2 548
5,721
335
2,985

442, 479

12, 918

12, 578

10, 745

11,190

174, 612

1, 651

5,812

2,474

398, 742 2,165, 409

81, 720

88, 657

77,909

Total United States
(exclusive of possessions)
10,005,471 983, 983 696,755 324, 820
Alaska
.
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
_
Puerto Rico
. .
American Samoa

225
23,823
2,176
2,620
45

Total possessions.

30,820

105
2,230
230

159
2,325
129

4,154
4,514
10, 944
22, 654
13,203
1,551
5,852
1,644
5,346

50
248
324
306
245
3
131
160
54

117
2,519
250

118

17
244
36

90
1,159
2,091

1
2

9,226

1,200

17,134

4

4,633
2 962
4,317
3 350
3,610
2 708
1,250
3,519

6,474
1 081
8 916
2 279
3,590
1 941
764
2,383

8, 185
3 060
1 664
1 379
1 324
64
261
28, 609

6

27,428

44, 546

6

58
46
184
77
73
40
400

22
45
22
485
146
23
97
48
20

927

.878

908

532
39
9,182
128
79
7
59

972
210
1,664
20
1
65

122
11
4,404
19
371
4
51

10,026

2,932

4,982

1

1,058, 445 752,083 321,437 133,822 129,174

487, 413

5,643

1,931
426

52

426

20,875

52

T o t a l U n i t e d States
and possessions
10,036,291 983,983 696,847 325, 246

398,742 2,186, 284

81,772

708




92

2,624
562

16

9,880
9,123
1,863
9

1

3,202

86
991

706
1,593
6

33
70

1,077

2,462

103

78, 921 1,059,169 755, 285 322, 394 135,475 130,251

489,875

5,746

1,012

1,012
88,657

1

16

724

39

157

1,504
91

39

957

109
40

957

1,653

TABLE NO. 55.—Assets and liabilities of all active banks other \^,njn.aliar^Qlt June 80, 1941 (includes State (commercial), mutual savings, and
banks)—Continued
[In thousands of dollars]
Capital

Demand deposits

Time 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

Capital
notes
Preand
ferred
deben- stock
tures

1,210
4,049

3,723
325
6,048
5,244
1,104
2,600

5,259

19,044

44,118
600

24,110
30,610
17,973

72
4,243
525

125
200

Common
stock

Individuals,
partnerships,
and
corporations

U.S.
Government

States Banks Banks
and
in
in
political United foreign
subdi- States counvisions
tries

Deposits acCertifi- cumulated
Savings cates for payof
ment of
deposit personal
loans

4,218
902
2,290
31, 668
12, 270
19, 707

32, 588
3,730
10, 395
384,058
74,547
214, 987

210
9,152
33
1,972

7,272
879
1,479
21,126
7,423
24,167

833
122
55
56,429
3,203
21,911

183, 745
206, 858
102, 373
285 2, 302, 531
134 319,440
867, 279

71,055

720, 305

11, 996

62,346

82, 553

419

629

3,982, 226

441, 450 8, 266, 902 101,989 376, 973 2,547.883 397, 703 6,481, 308
295 777,830
37, 718 451, 685 11, 518 74,318 24, 361
19 1, 208, 350
114, 613 1, 223,186 14, 986 57, 653 159, 424
73,978
388
2,886
9,903
7,328
159, 088
106 332,491
17, 653 215,806 12, 227 22, 773 33, 010
934
66,166
2,006
14
9,700 101,422

Total Eastern
States
.- 49, 558 73, 018 631, 037 10,418,089 142,042 539,051 2,769,570 398,137 8,940,123
111,387
112,847 2,181
13, 974 29, 752
Virginia
15,459
33
67
4,077
53, 477
10,062
11,513
78, 899
191
West Virginia. _
1,964
8,024
69, 376
14, 966 168, 643 1,516 53, 993 124, 948
North Carolina.
25
2,754
"323
13,498
6,705
4,014
South Carolina.
17
343
31
38,632
624
46, 263
12, 661 20,421
14, 259 102, 457 2,701
Georgia
_
_
1,442
30,889
7, 352
Florida
472
239 12,107
2,157
72, 459
27, 990
5,910
Alabama.
8,324 11,166
2,070
59,973 1,839
31, 649
6,825
Mississippi
772 23, 292
4,010
7,200
67, 302
33, 574
8,700
Louisiana
1,837
87,839 2,072 29, 394 11,185
10
14, 231
17,198
Texas
7, 500
163, 369 2,132 22, 844
13,677
5,626
20 10,868
6,363
Arkansas
13
,
56, 228




States
Banks
and
Postal politi- Banks
Christin
sav-1
mas
in
foreign
cal
savings Open ings
United counsubdiand
acvisions States tries
similar counts
accounts

813
96
264
3,085
981
2,225

10
238
32
1,991
62
2,211

2,044
1,445
567
16, 678
3,952
8,258

7,464

4,544

32,944

17, 393
2,472
38,120
1,142
2,286
20
61,433

76

453

177
221

10
243
461
91

7,159

1,258

84 39, 566 343, 529
4,474 13, 824 4,067
7,567 18, 625 71,459
6
351
1,232
2,180 4,760 2,127
2,125 1,037
3,796

6,000

79, 251 423,451

18,107

7,662 10,908
5,879
264
13, 229 6,326
2,631
14,127 1,156
560
1,008
339
5,997
199
15, 567
11, 376
11,419 1,990
119
5,818

2,543
854
847
133
593
132
73
286
452
184
137

1,153
268
944
210
133
72
40
426
135

620
131
908
519
645
449
3,272

20
94
257
80
451

1,979

1,104
68
133
12

38, 402 171, 354
525
7 377
30, 835 6,356
296
699
52
2,027
115

7.317

79,340 178,698

1,979

1,289
718
3,521
57
423
286
212
575
1,287
214

6,010
74
2,005
484
703
2,446
94
2
641
2,775
41

1,540
435
3,735
41
2.036
159
560
254
186
163
65

Kentucky
Tennessee
- Total Southern
States

3,709
2,608
5,915

22, 957

25, 238
Ohio
8,197
Indiana
2,120
Illinois
Michigan
9,906
Wisconsin
1,234
Minnesota
Iowa
3,076
Missouri..
Total Middle West49, 771
ern States
609
North Dakota
480
South Dakota
335
Nebraska
-Kansas
115
Montana
-Wyoming
Colorado
-New Mexico
Oklahoma.
Total Western
1,539
States
630
Washington
307
Oregon
1,000
California
Idaho
604
Utah
Nevada
Arizona
Total Pacific States- 2,541
Total United States
(exclusive of pos114, 583
sessions)
Alaska _ .
.
Canal Zone (Panama)
Guam
. _ _.
The Territory of Hawaii
Philippines
100
Puerto Rico
American Samoa
Total possessions. _ - 100
Total United States
and possessions 114, 683

92
lI,094
120
2,370
1,396
15, 072

19, 252
10,303

127,957
75, 854

26,194
15, 802

15,160
5,727

43, 720
39, 208

23, 288
21, 062

1,862
2,477

821
308

544
2

203
287

19, 293

246, 220

250, 227

417

528, 939 139, 063

26, 200

7,363

3,927

9,665

17, 218

10, 466

69, 864
67, 655
49 968
74, 694
27, 558
18, 991
63, 866
45, 758

83, 037
6,975
154, 702
18,436
11, 050
1,764
8,521
231, 305

490

698,129
157, 848
358, 632
430, 566
214,497
136, 765
106, 403
153, 753

38, 748
41,184
28, 049
13, 070
41, 927
56, 910
73, 890
46, 356

16, 046
730
1,981
998
51
307
1,377
1,597

5,763
2,722
2 350
3,994
2,109
254
597
1,435

7,737
706
3,835
71
362
9
204
663

691
432
137
1,522
409
991
250
520

21,017
35
5,748
2,972
3,012
4,510
21
321

2,343
1,775
99
1,185
704
405
117
974

286, 742 3, 043, 328

42, 580

418, 354

515, 790

1,518

2, 256, 593 340,134

23,087

19, 224

13, 587

4,952

37, 636

7,602

203
1,269
61
48
694
140
66
8
140

31
51
18
171
93
5
210
5
65

2,629

649

705
109

214

""" 308~
1,379
194
546
555
190
55

16, 517
20,108
47, 641
98, 969
37, 385
10, 282
34, 954
9,143
37, 408

20
159
70
1,298
67
11
9
24
99

2,440
8, 514
7,590
38, 076
8,389
2,257
4,392
2,299
10, 969

474
415
535
3,282
4,965
333
1,748
1
1,103

3,987
5,631
6,086
20, 613
13, 610
5,589
18, 980
2,411
7,413

6,718
7,688
13, 874
21, 222
3,742
1,415
2,243
734
6,038

1,080

12

80

47
96
143
377
249
25
16
31
71

3,253

38, 026

312,407

1,757

84, 926

12, 856

84, 320

63, 674

1,734

810

665

1,055

3,610
1,799
50,127
1,143
5,218
197
1.073

32, 023
14, 583
443, 472
11, 533
35, 841
1,511
13,119
552, 082

260
25
7,285
22
36
8
3

5,447
2,697
27, 477
3,807
7,271
886
2,868
50, 453

1,739
104
93, 560
291
7,840
5
97
103, 636

105, 760
16, 559
770, 743
4,886
39, 673
1,165
13. 950
952, 736

2,339
1,557
17, 775
1,209
2,968
93
347

6
3
3,054

418
30, 777
10
51

39
34
55
18
52

31, 256

25
223

13, 830
127
100
28
14, 085

63,167

7,639

7,004
2
2
11
7,019

124
410
16
84
20

160

160

147, 429 1,231,404 16,258,670 225, 307 1,401,350 3,734,632 407, 510 16,744,937 638, 056

73, 832

685

75

25
6,055
27, 796
3,445
25
38, 031

5 848
6,958
57
31, 799
37, 849
36, 205
91
118, 807

117
6,956

1,053

2,243

76
7,963
12, 660
10, 750
55
32, 557

9,316

589
15

206

1,410
4,382
630

260
23, 254
942

7,026

24, 662

4 752
3, 755
322
35, 097
30, 520
16, 396
120
90, 962

5
24
382
93
314

59

495
25
35
30

49

26, 288

75

169
1,123

20, 601
3,622
2,292
1,967
2,079
295
646
11, 078

70, 978
23,172
42,180
36,167
27, 606
13, 807
21, 381
51, 451

2,285
3,186
7,079
13, 234
3,532
824
2,681
635
4,570

26

323
1,620

764, 534
216, 822
783, 977
329, 370
171,164
82,134
221,739
473, 588

141, 377 1, 212,459

3,171

142, 763 480, 045

150
13

2

72
110
16, 746
10
116
5

10,049

2

17, 059

368
9,518

24, 470 150,144 214,925

1,981

82

894
1,132

11,611
19,909
117

507

32, 531

507

147, 504 1,269,435 16,377,477 234, 623 1,433,907 3,741,658 432,172 16,835,899 670, 587

i Includes U. S. Treasurer's time deposits—open account.



2,828
2,785

50

34

31
794
7,809
18,165

296

26, 799

50

180

90
1,132

16

106

74, 339 143, 895 480,151

24, 766 176,943 214, 975

1,981

TABLE N O . 56.—Assets and liabilities of active national banks, June 30, 1941

to

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




Investments and
other assets
indirectly
representing bank
premises or
other real
estate

Interest,
commisCussions, rent,
tomers' and other
liability
income
on accept- earned or
ances out- accrued but
standing not collected

Number
of banks

Loans
and discounts
(including rediscounts
and overdrafts)

36
52
40
124
12
52

41, 247
37, 265
32,114
631, 432
55, 524
111, 688

58, 537
29, 658
19, 399
465, 561
37, 756
154,146

3,450
3,397
1,515
144, 300

316

909, 270

765,057

167, 253

953, 584

48, 338

5,871

3,238

8,242

425 1, 847, 371 4, 393, 751
292, 812
225
430, 013
931, 715 1, 477, 478
687
9,175
15
8,189
76, 350
63
163, 004
64, 457
85, 268

65, 850
23, 233
64, 963
624
8,142
7,877

2,912, 394
307, 795
1, 280, 608
6, 725
221, 342
129, 904

108,133
25,174
75, 409
732
4,887
7,089

12, 639
9,447
25, 681
178
723
596

1,868
2,568
1,362
7
12

24,815
95
6,200

221, 424

49, 264

5,817

21,060 15,161, 381

1,068
59

33, 978
1, 845
4,198
10, 851

2,178
1/759
475
61
605
1,127
2, 959
679
1,051
4,430
335
477
1,677

102,119

17, 813

Investments

Currency
and coin

10,5

Balances
with
other
banks1

Bank
premises
owned,
furniture
and
fixtures

Real
estate
owned
other
than
bank
premises

45,045
25,193
15, 984
672, 622
50, 608
144,132

1,461
2,033
1,022
32, 486
673
10, 663

169
85
273
4,224
129
991

455
78
28
2,149
507
21

1,424 3, 221, 880

6, 557, 703

170, 689

4, 858, 768

183, 574
75, 215
55, 355
45, 790
176, 481
95, 379
101, 884
23, 277
124, 371
494, 748
37, 834
117, 565
197, 720

117, 668
53, 270
28, 412
23, 229
95, 439
155, 863
77, 875
24, 446
129,169
435, 750
40, 422
97, 242
126, 930

12, 310
6,636
4,332
5,171
6,406
9,254
6,774
2,736
5,788
27,411
2,539
6,350
9,146

186, 999
72, 524
63,039
62, 374
149,836
183, 540
121, 798
31, 954
189, 959
772, 287
63, 990
102, 568
213, 627

1, 405, 715

104, 853

2, 214, 495

130
77
44
22
51
52
65
24
29
445
50
95
71

1,155 1,729,193

5,050
2,538
1,887
8,655
7,836
6,801
1,693
7,421

Total
assets

133
62
66
1,206
46
127

150,554
97, 774
70,524
1, 964, 513
149, 696
433,059

3,627

1,640

2, 866,120

110
4

15, 703
2,007
4,979
12
718
133

10, 897
916
8,678
18
304
247

9, 393, 421
1, 094, 060
3, 877, 073
25, 660
475, 592
295, 575

31, 224

23, 552

274
168

57
3
123
2,733
186
525

44
4,278
57
44

1,413
520
220

409
56
76
49
352
754
477
12
924
505
116
377
715

8,240

2,920

4,822

23
1,155
1,236

Other
assets

150
17
40
6
553

1,078
328
152
406
309
522
1,219
202
931

1,156
195
182
840

514, 651
214, 897
154, 537
138, 984
438,146
455, 436
321, 576
84, 999
461, 071
1,775,063
147, 333
329,003
561,994

7,520

5, 597. 690

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska.--Kansas
Montana
Wyoming
ColoradoNew Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States

429, 874
165,198
995, 686
255, 678
133, 388
280, 210
107,101
232, 953

459, 379
240, 731
1, 866, 452
525, 756
274, 683
281,071
91, 606
257, 327

27, 394
15, 852
59, 632
22, 757
11, 522
10, 392
5,744
12, 032

524, 257
217, 245
1, 595, 946
462, 895
242, 630
315, 833
104,673
356, 865

29,192
10, 338
31, 756
9,635
10, 601
8,344
3,960
4,775

1,664
410
4,053
305
810
335
159
1,969

2,905
96
1,274
290
175
5,521
1,529
500

293
36
2,461
9
26
128
279

1,678
558
7,241
2,356
1,045
1,854
433
1,114

1,255 2, 600,088

3, 997, 005

165, 325

3, 820, 344

108, 601

9, 705

12, 290

3,232

16, 279

45
38
133
181
42
26
78
22
207

22, 208
30, 459
109,064
88, 390
20, 678
19, 825
81,165
20,916
147, 380

17, 265
18, 454
89, 411
81, 905
32, 888
14, 248
82, 287
16, 470
132, 069

970
1,337
3,734
4,510
2,446
1,759
5, 867
1,716
6,244

17, 636
17, 914
102, 766
125, 660
37, 735
22, 449
164, 048
19, 247
201, 504

1,653
1,584
5,248
5, 386
1,993
671
2,940
811
8, 630

34
37
248
258
3
11
149
22
66

152
11
179
110

772

540, 085

484, 997

28, 583

708, 959

28, 916

828

452

43
208, 932
26
109, 375
96 1,470, 411
19
31,029
13
29,018
6
15, 379
5
32, 325

165, 531
149, 317
1,303,801
33, 238
23, 936
17,039
18,164

11,226
6,483
41, 465
2,193
1,013
1,370
2,136

200,014
110, 540
826, 224
31,131
34, 776
11, 949
23, 041

7,864
6,665
62,012
1, 484
1,577
791
1,426

419
64
12, 375
3
50
13
157

6

208 1,896,469

1,711,026

65, 886

1, 237, 675

81,819

13,081

31, 727

702, 589 13, 793, 825

61, 764

242
124
339
78
99
186
103
84

_

.

Total United States (exclusive of
possessions)
Alaska
The Territory of Hawaii
Virgin Islands of the United States
Total possessions
Total United States and possessions.-.

96, 562

2,906
21,853
739

2,045
30, 941
305

901
5, 805
163

4,156
13, 512
707

164
1,504
12

6

25,498

33, 291

6,869

18, 375

1,680

35

70
117
246
184
178
26
181
8
426

60,049
70, 213
311, 271
306, 610
96,159
59, 229
336, 947
59,194
496, 864

40

2,240

1,436

1, 796, 536

187
166
3,894

714
748
8,824
1
166
251

501
172
3,984
292
26
30
315

595, 394
383,530
3,763, 656
99, 371
91,446
46, 742
77,815

4,247

10, 704

5,320

5,057, 954

49, 905

61, 224
230
15

5

30, 666
1,050
5

6

14, 954, 794

709,458

13,812, 200

592,897

15, 394 10, 748, 263

213
311
549
165
227
61
310
4
400

2

5,136 10,922,483

1, 477, 521
651,014
4, 572, 555
1, 280, 971
676, 835
905, 473
315, 453
868, 441

72

591, 217

4
1
1

5,130 10,896,985 14, 921, 503

885
550
8,054
1,290
1,955
1,785
248
627

4

96, 568

72
61, 764

245

49, 977

61, 469

52, 370 41, 227, 944
267
384
4

10, 441
74,301
1.949

655 |

86,691

53,025 41,314,635

i Includes reserve balances and cash items in process of collection.




to

TABLE NO. 56.—Assets and liabilities of active national banks, June 30, 1941—Continued
oo

LIABILITIES
[In thousands of dollars]
Bills
payable,
rediscounts,
and other
liabilities
for borrowed
money

Demand
deposits

Location

Time
deposits
(including
postal
savings)

Other
deposits !

Total
deposits

132,077
82,681
60,074
1, 737,164
131, 777
387, 708

Mortgages or
other
liens on
bank
premises
and on
other real
estate

50
62
500

Maine
New Hampshire
Vermont
. __ _
Massachusetts
Rhode Island'
Connecticut
Total New England States

66,631
57,126
24,334
1,491, 979
112, 726
282, 577

64,490
23,763
35,019
223,645
18,079
97, 046

956
1,792
721
21, 540
972
8,085

2, 035,373

462,042

34, 066

2, 531, 481

612

New York
-New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

7, 529, 504
796,072 142, 457
517,123
447, 365 15, 268
2, 217, 756 1,163,436 19, 974
194
11,337
8,752
1,745
338, 372
100, 989
4,279
215, 402
52,155

8,468,033
979,756
3,401,166
20, 283
441,106
271, 836

728
10
167

10, 829,494 2, 568, 769 183,917 13, 582,180

905

Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee __

- - - -. - - -

__. _
- _

_

Total Southern States




289, 794
121,211
102, 275
104,319
325, 804
353, 599
206,165
50, 016
350,351
1, 377, 533
103, 539
218, 889
383, 508

164, 269
65,654
34,311
21, 404
70, 326
62,447
76,942
26, 065
71, 977
208, 759
28,101
68, 982
123, 983

5,288
2,913
2,217
1,806
2,845
4,446
2,014
268
2,123
22, 434
808
7,991
4,363

459, 351
189, 778
138,803
127, 529
398, 975
420,492
285,121
76,349
424,451
1,608, 726
132, 448
295, 862
511, 854

3, 987,003 1,023, 220

59, 516

5,069, 739

Acceptances
executed
by or for
account
of reporting banks
and outstanding

Interest,
discount, Interest,
rent, and taxes,
other in- and other
come col- expenses
lected
accrued
but not
and
earned unpaid

Other
liabilities

Undivided
profits

5,938
4,930
2,686
87, 007
7,575
15, 268

3,270
3,009
1,663
31,109
1,882
4,519

823
721
829
13,628
205
2,124

64
32
142
3,508
193
691
4,630

7,787

121,446

123, 404

45, 452

18, 330

28,617
95
8,178
110
4

7,828
2,071
2,530
3
149
170

10,163 154,131
749
386
6,292
4,192
16
33
329
406
304
1,244

275, 854
57, 622
164, 255
1,755
13, 582
8,600

327, 838
30, 348
197, 945
2,634
11, 724
7,360

91, 523
13, 566
60, 972
637
5,470
5,237

28,696
9,457
31, 376
299
2,716
820

37, 004

12, 751

17, 853 160,392

521,668

577, 849 177,405

73,364

1

481
291
156
119
410
422
390
120
605
2,919
105
421
587

625
157
50
82
913
349
197
21
862
1,062
125
246
288

24,649
11,400
6,747
5,625
17, 229
15, 397
18,612
4,486
13, 879
71,604
6,347
13, 285
23, 599

18, 338
8,592
5,307
3,266
10, 529
12, 607
9,779
2,995
11, 058
53, 000
4,767
13, 897
14, 437

7,584
3,448
2,037
1,438
4,884
3,667
4,206
566
4,995
28, 335
2,774
3,426
8,144

2,957
1,036
958
705
3,236
1,961
2,257
446
2,844
7,919
591
1,263
1,903

7,026

4,977

232, 859

168, 572

75, 504

28,076

2

1,894
520
220

665
187
329
197
1,925
535
458
16
483
881
176
428
962

7

3,410

7,242

8
5

95

150
23
40
6
556

175
278

3,513

8,116
6,145
4,894
73, 525
7,472
21, 294

Surplus

9,465

10

141
99
100
6,916
155
376

stock

9,023
274
168

10

125
107
74
2,133
163
911

Capital
2

Reserves
and
retirement
account
for preferred
stock

913,185
416, 226
3,459, 387
874 874
395,443
600,149
219,949
687,602

400, 555
168,078
736,311
311 823
205 092
207,056
66, 495
113,352

14,351
8,542
38, 735
8 749
12 887
10,733
1,798
4,688

1 328 091
592,846
4, 234,433
1 195 446
613 422
817,938
288, 242
805,642

Total Middle Western States.. 7, 566, 815 2, 208,762 100,483

9, 876, 060

Ohio..
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

...
_ __ _

North Dakota
South Dakota
Nebraska
Kansas
- Montana
Wyoming
Colorado^
New Mexico
Oklahoma

-

__

552
588
2,763
2 736
1 347
456
2 796
726
5,000

53 842
62 937
280, 529
276 298
87 293
52, 845
306 579
54 779
442', 711

15
73
57
30

_ _ 1, 287, 713

Total Western States
Washington
Oregon
California
Idaho... Utah
Nevada- _
Arizona

19 278
17 446
43, 219
37 968
23 012
16,123
74,869
11 742
69,479
313,136

16, 964

1,617, 813

185

_

_
.

1 051
614
3,456
1 920
'423
4,099
465
621

2 245
713
8,331
1 552
'729
1,795
214
757

1 516
463
2,195
714
272
2,337
40
853

73,431
24, 588
133, 703
37 813
31 602
36,480
12,180
27, 698

43, 346
16, 874
118, 440
22 550
13,045
27,493
8,748
17, 648

17,027
9,904
38,341
14,133
9,440
11,076
3,900
13,184

10, 521
4,974
30, 963
6,834
7,876
4,127
1,664
1,664

3,558

12, 649

16, 336

8,390

377, 495

268,144 117, 005

68, 623

35

3

34, 012
44 903
234, 547
235, 594
62 934
36, 266
228,914
42 311
368, 232

-

293
36
2,692
9
26
128
374

2
1

116
139
278
262
101
149
182
15
359

86
122
335
300
131
11
635
2
. 560

32
18
155
192
2
61
53
4
226

3 253
3 662
14, 433
14 946
4 506
2,553
11, 786
2 125
24, 222

1,960
1 916
9,538
8,765
2 365
2,066
9,306
1 621
16, 219

606
915
3, 368
4,972
1 515
1,283
5,980
221
9/910

40

1,601

2,182

743

81,486

53, 756

28, 770

9,921

39
5

10
39

139
392
2,573
845
246
261
2,426
427
2,612

25

221
168
5,441

1,516
857
13, 371
110
140
136
620

719
650
7,372
176
150
29
132

1,050
141
7,873
38
46
367
60

22, 065
8,930
142, 522
4,130
3,597
960
2,425

10, 675
10, 973
112, 675
2,079
2,553
1,144
1,696

7,610
2,728
39, 458
1,245
1,223
1,101
573

4,944
3,230
30, 410
803
641
54
154

4, 595, 948

25

5,830

16, 750

9,228

9,575

184,629

141, 795

53,938

40,236

Total United States (exclusive
of possessions) _ . . _ _ _ . 28, 337, 572 8,483,952 451,697 37, 273, 221

2,005

59, 307

55, 623

56,138 191,864 1,519,583 1,333, 520 498,074

238,550

..
._

__ -

- _
~ _ _

Total Pacific States

Alaska .__ _ -_ _______
__.. _
The Territory of Hawaii
Virgin Islands of the United States _ _
Total possessions

397,145
144,657
234, 805
116, 867
1, 796, 273 1, 563, 500
63,173
26,971
59.973
22,647
16, 667
25, 824
53, 981
16, 714

4,792
4,181
44, 736
646
476
460
1,460

546,594
355, 853
3, 404,509
90 790
83,096
42 951
72,155

2, 631,174 1, 908, 023

56, 751

59

6,563
38,442
569

2,802
27,107
1,118

95
1,386

9 460
66,935
1,687

72

20
1

45, 574

31,027

1,481

78,082

72

21

59, 379

55,644

Total United States and possessions
28, 383,146 8, 514,979 453,178 37,351,303

2,005

59

74
3

7
3
15

300
3,350
150

550
2,000
20

74
213
15

50
1,634
58

77

25

3,800

2,570

302

1,742

56, 215 191, 889 1, 523, 383 1,336,090 498,376

240,292

1

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 See classification on pp. 254 and 255,




to
CO

TABLE NO. 56.—Assets and liabilities of active national banks, June 80, 1941—Continued
[In thousands of dollars]
Loans and discounts
•

Loans to
CommerAgricul- Open-mar- brokers and
cial and
industrial tural loans ket paper dealers in
securities
loans

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

13,351
13,135
8,954
347,171
26,011
36, 525

Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
..
Total Eastern States- . .
Virginia
West Virginia ...
North Carolina
South Carolina
Georsria
.
Florida
Alabama
Mississippi
Louisiana ___
Texas
Arkansas
Kentucky
Tennessee




5,465
5,668
1,013
61,849
7,553
7,323

155
218
10,046
392
164

584
1,121
1,384
10,131
1,747
11,038

580
581
1,687
728
138
577

6,032
5,339
8,709
38,347
4,243
20, 332

2,285
1,284
1,157
27,024
630
5,694

Loans to
banks

All other
loans

3,659
350
70

11,623
8,984
6,809
130,864
14, 435
28,816

25
38

Overdrafts

2
3
6
40
1
14

445,147

88,871

10,975

26,005

4,291

83,002

38,074

4,142

201,531

66

18,372
5,339
17,482
506
2,162
2

51, 598
14,038
43 830
55
2,737

147,645
1,389
7,650

7,660
3,352
20,336
1,123
3,852
13

81, 727
92,326
158,881
1 744
12,897
13,336

35, 958
18, 288
61,838
608
3,490
5,474

10,617
158
408

330,950
82,324
224,504
1,738
20,141
15,399

1,185
37
49

989
387

83, 563
5,957
42 858
585
5,295
1,264

1, 557,712

_
_

7,166

1,078,096
69,604
353 879
2 816
24, 757
28, 560

_ _
_

Total Southern States

1,145
894
2,395
1,573
24
1,135

Other loans
Real-estate loans
for the purpose of purchasing or
On residen- On other
carrying
stocks, bonds, On farm tial proper- properties
land
and other
ties
securities

43,863

112,258

158,060

139, 522

36,336

360,911

125,656

11,206

675,056

1,300

52 963
19,950
20,881
17,443
81,076
47 989
37,870
6,767
56 257
237,410
10,794
38,665
80,838

10,143
1,402
2,650
3,235
5,914
1,623
10,297
2,549
13, 747
78,779
6,521
7,740
26,474

1 839
1,149
260
317

1 522
4,386
1,274
9,051
4,979

830
20
570
381
2,713
2,739
733
104
870
2,608
284
752
2,492

4 711
1,976
2,300
891
6,973
846
1,553
609
1,386
16,883
637
3,494
5,485

7,695
1,954
1,198
567
1,955
1,323
2,310
1,364
2,159
8,603
1,853
6,014
4,085

28,239
17,559
2,970
2,634
7,385
8,802
6,769
2,722
8,274
19,166
2,252
12, 664
9,987

11,969
6,639
2,351
2,859
4,573
6,608
6,075
1,869
5,828
14,891
1,936
4,075
5,382

83
150
108
136
1,170
238
9
5
295
424
3
340
176

65,058
24,401
22,060
17,299
64,648
21,616
33,307
7,216
33,919
110, 774
12, 231
34, 700
57,680

44
15
7
28
74
13
49
72
114
824
49
70
142

708,903

171,074

31,271

15,096

47,744

41,080

129,423

75,055

3,137

504,909

1,501

3 582
2,912

23

7
22

Ohio-..
Indiana—
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

-

83, 213

1,258

545, 797

1,210

661
1,220
2,629
1,362
637
636
3,124
957
2,769

15
7
105
178

31

6,314
7,415
23,000
18,820
5,016
4,074
12,899
3,521
31,867

21
28
58
71
33
23
34
18
71

35, 533

13,995

413

112,926

357

4,184
1,292
70, 726
1,013
714
243
272

17, 993
6,660
485, 756
6,653
5,199
5,636
5,536

8,312
3,459
135,305
1,958
2,933
1,781
229

260
5
5

51,848
38,060
278,484
5,442
6,214
3,430
8,770

200
141
1,403
84
72
25
18

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

^
_.

35,127

78,444

533,433

153,977

270

392,248

1,943

Total United States (exclusive of
possessions)
Alaska
The Territory of Hawaii
Virgin Islands of the United States

355, 967

233, 543

1,447,908

489,970

20,426

2,432,467

6,377

329
84

1,036
7,447
271

32
928
113

7
170

10

529
6,441
39

Total possessionsTotal United States and possessions.

6,078
440
26,465
6,730
123
1,298
669
2,729

11,450
2,204
57,855
7,077
2,491
7,428
1,068
7,568

14,953
5,756
11,835
2,584
3,576
5,629
7,616
3,865

79,047
37,485
67,511
49,359
22,337
22,006
10, 425
17,436

18,131
7,713
17,428
16,668
7,730
3,996
3,214
8,333

144,411

87,481

44,532

97,141

55,814

305, 606

5,354
10,769
36,008
26,055
6,193
8,807
17, 596
5,568
24,689

1,290
585
3,144
4,290
2,467
465
4,009
762
4,090

13
482
374

121
679
3,559
1,144
299
450
2,068
372
1,736

523
838
4,503
4,977
335
690
1,888
431
3,393

2,160
3,525
3,262
5,168
1,241
1,426
8,182
3,552
7,017

184,602

Total Western States

9,088
12,672
25, 975
3,487
4,344
4,599
5,627
21, 689

5,749
5,392
32,187
25, 692
4,457
3,233
30,814
5,735
71,343

Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma




90
33
609
108
21
238
52
59

15,071
8,742
37,463
3,469
4,157
24,668
28, 429
22,412

1,233,625

,

Total Pacific States

70
40
25
475

115,087
26, 934
140,821
62, 354
24,990
102, 270
20, 542
52, 799

160,285
63,219
609,670
103,842
63, 549
108,038
29,434
95, 588

—-

141,039

21,102

2,112

10,428

17, 578

103,908
47, 390
384, 546
6,065
9,874
2,654
6,780

13,299
9,283
68,001
8,782
2,815
1,246
9,482

3,472
2,249
12,251
595
390
67
780

824
492
5,566
4
197
15

4,892
349
28,113
428
605
297
443

561, 217

112,908

19,804

7,098

4, 691, 206

620, 461

360, 787

237, 873

19
348
5

80
250

1,185
5,915
217

1
609
636

18
25

594
54

8
69

7,317

372

330

25

18

413

8,754

1,073

10

7.009

177

4,698,523

620,833

361,117

237,898

355,985

233,956

1,456,662

491,043

20,436

2,439,476

6,554

Or

TABLE NO. 56.—Assets and liabilities of active national banks, June 30, 1941—Continued
fcO
Or

[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

Other bonds, notes, and debentures
U. S. Government cor-

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
C onnecticut
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




U.S.
GovernOther
ment
Recon- Home Federal Governdirect
struc- Owners' Farm ment
tion
Mort- CorpoobligaLoan
gage rations
tions Finance XCorpoCorporation Corpo- and
ration
ration agencies

30, 528
13, 290
7,588
291, 567
20,196
84, 591

1,274
805
162
28, 786
1,820
4,045

6,235
1,163
967
8,317
2,664
6,927

870
376
381
2,905
105
964

778
383
108
18, 093
2, 385
3,737

26, 273

5,601

Obligaporations and agencies,
tions of
not guaranteed by
States
United States
and political subdivisions
Other
(including
Feder; Govern•al
warrants)

Other domestic corporations

Federal inter- ment
land mediate corpo- Rail- Public Indusbanks credit rations roads utilities trials
banks
and
agencies

25,484

48, 001
2,806
36, 934

252
196
63
1,242
103
389

45
3,987
1,042
1,369

2,245

4,185
3,592
3,131

6,478

35

136
20
20
2,663
354
573

5,987
4,140
3,213
2,734
2,088 2,073
18, 016 15, 696
2,110 2,380
5,992 3,957

3,766

All

Stocks
of
foreign
corporations

other

35, 539 32, 827 14,194

1,567
1,647
1,464
7,614
561
1,341

Stocks of
Federal
Reserve
banks
and
Forother
eigndopublic
mestic
and
corpoprivate
rations

589
437
99
1,653
167
863

1,436
1,311
930
4,373
488
1,036

525
491
298
12,152
573
1,426

2
496
2
2
502

9,574

15, 465

2, 614, 443 201, 924
228, 320 10, 662
870, 014 24, 988
2,457
257
113,050
2,165
54,885 4,291

424, 322 54, 742 171, 362
42,169
5,711
71, 644 10, 864 15, 704
262
117
35
21, 535
2,612
840
12,152
2,215
40

437, 695 23, 657 37, 497
62, 033 2,141
3,880
123, 348 7,603
350
1,016
52
5,160 1,053
1,590
1,059

32,187 106, 430 47, 332 112, 359
3,936 25, 078 16, 017 14, 685
4,342 133, 374 92,108 76, 350
1,098
1,786
2
663
5,503 3,906
271
2, 988
1, 202 1,419
4,601
1,205

25,137
1,609
6,590
50
796
149

23, 880
3,353
20, 935
203
702
568

80, 418
3,569
19, 238
191
827
673

3, 883,169 244, 287

572, 084 72, 232 198, 859

630, 311 35, 314 43, 317

45, 339 273, 373 161,880 208, 250

34,331

49, 641

104,916

400

840
190
21
272
1,342
665
1,753
196
617
2,413
251

554
418

2,295
1,127
424
292
1,191
972
1,140
420
1,358
4, 911
477

1

447, 760

69, 531 4,287
23, 691 1,555
12, 261
493
10, 682
654.
38, 549 7,450
85, 421 9,989
24,429
1,322
6,166
229
63, 583 9,573
249, 344 13, 047
13, 215 1,445

7,505
4,653
2,322
594
4,362
15,281
4,898
331
14,478
1,605

3,378
1,570
727
381
4,483
4, 535
1,264
69
1,159
4,090
293

2,259
4,118
300
372
5,225
1,543
1,919
20
5,421
11,413
860

16, 454
8,727
11,141
8,080
22, 044
27, 893
35,192
16,416
29,176
105, 047
19, 618

962
601
426
130
199
663
121
23
11
2,273
186

951
1,896
1,178
585
1,633

194
40
100
2,222
1,718
1,031
10
365
1,935
42

3,741
2,439
179
616
4,224
2, 385
1,842
362
915
2,477
909

2,005
1,764
43
43
902
1,210
617
128
582
3,350
821

3,267
2,223
35
49
1,254
2,179
2,222
31
780
5,309
451

13
95
231
125
45
566
420
249

1
28

Kentucky
Tennessee

53, 655
50,347

4,287
5,702

5,522
8,255

2,385
554

2,314
9,365

12, 519
36, 938

1,213
787

2,565
972

518
2,924

3,381
2,356

4,244
1,398

2,647
3,610

394
640

497
485

1,101
2,595

2

700,874

60, 033

97,894

24,888

45,129

349, 245

7,595

9,780

11, 688

25, 826

17,107

24, 057

9,594

3,698

18, 303

4

211, 502
146, 615
1,422, 996
265, 609
169, 051
173, 635
- 32,159
136,158

25, 032
7,259
52,135
30,444
3,446
12, 417
4,490
14,995

31, 595
9,867
24,437
44,119
24,856
12, 502
6,133
17,828

10,348
4,982
17, 818
46, 705
2,849
6,195
2,869
15,182

10,145
4,520
32, 831
22, 029
1,929
9,797
3,961
8,314

97, 835
35, 895
163, 699
49, 862
23,091
41, 749
31, 755
33, 248

7,912
3,519
20,124
221
425
1,087
2,218
2,798

2,693
281
11, 547
21, 254
1,662
627
1,186

2,677
1,073
12, 989
17, 571
528
2,057
878
4,844

18, 244
8,213
20, 008
9,098
10, 352
8,890
1,842
6,144

13, 852
7,593
21, 448
5,915
14, 391
2,571
1,329
4,440

16, 051
5,568
28,842
7,729
15, 969
4,475
1,612
2,964

1,195
1,532
4,602
260
1,773
367
708
1,526

5,196
2,435
5,596
2,724
4,237
1,546
379
997

5,031
1,379
27, 365
2,216
1,786
2,118
641
6,703

171, 337 106,948

39, 250

42, 617

82, 791

71, 539

83, 210

11, 963

23,110

47, 239

170
62
444
358
50
10
141
15
571

441
336
2,198
442
853
158
3,743
27
691

274
143
1,135
265
488
146
1,835
28
422

343
172
2,477
380
409
146
1,953
29
952

69
17
512
68
64
40
344
4
48

85
25
254
289
631
110
1,030
52
278

168
170
748
719
207
149
704
111
1,256

_._

Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri ._

. _

-

Total
Middle
States

.-

71
15
3
5

Western
93, 526

477,134

38, 304

9,181
8,717
49, 367
33, 607
21, 985
7,865
47, 886
9,935
42, 823

755
1,207
1,794
10,114
1,475
334
7,079
724
4,601

991
1,156
4,673
5,145
885
513
1,229
712
8,797

1,415
614
5,029
2,860
969
475
1,343
720
4,023

234
445
921
4,056
471
712
2, 132
577
4,269

3,039
5,318
17, 017
21, 402
3,882
3,538
11, 527
2,881
62, 385

110
72
2,339
643
519
52
796
415
953

231, 366

28, 083

24,101

17,448

13,817

130, 989

5,899

2,845

1,821

8,889

4,736

6,861

1,166

2, 754

4,222

110, 552
106, 901
742,855
21,431
12, 692
10, 256
8,114

4,292
3,868
17,381
656
797
46
1,455

4,662
4,717
133, 517
3,235
3,389
1,482
1,915

4,129
7,575
34, 956
1,936
1,791
1,488
857

5,653
6,452
12,432
1,302
369
58
1,541

23, 839
12,074
281,826
3,408
3,557
3,078
1,802

1,874
65
9,118
159
300

1,732
845
5,367

1,521
20
4,617
67

1,252

20
396

1,691
701
13, 306
255
363
93
219

656
88
6,507
81
60
97
127

78
3,407
3,933
34

111

2,149
1,951
16, 502
405
407
202
206

157
34

956
57
7,154
80
5
5
19

1,717
596
14,162
189
206
57
116

1, 012, 801

28, 495

152, 917

52, 732

27, 807

329, 584

11, 627

9,196

6,641

21,822

16, 628

7,616

7,643

8,276

17, 043

198

Total United States (exclusive of possessions) _. 8, 833, 695 548, 008 1,044, 606 279, 849 404, 622 2, 015, 912 100, 984 110, 866 111,872 448, 240 304, 717 344,188

1,198

2, 557, 725 150, 218

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

503
1,557
545
240

68, 505

97, 053

207,188

75
712

51

15

51

69

23

Total United States and
8, 856,499 548, 294 1,046, 672 279,849 404, 638 2, 020, 242 100, 984 110,866 111, 872 449, 558 306, 258 344, 975
possessions

68, 556

97,122

207, 211

30
168

2
21

787

94

Alaska
The Territory of Hawaii
Virgin Islands of the United
States
Total possessions_ _




1,333
21,346

8
270

125

286

191
4,139

115
1,111
92

26

16

4,330

1,318

1,541

8

22,804

16
2,066

2,066

239
1,276

54

1,198

TABLE N O . 56.—Assets and liabilities of active national banksj June 80, 1941—Continued
[In thousands of dollars]

Deposits of individuals, partnerships, and
corporations

Common stock
Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of ColumbiaTotal E a s t e r n
States
Virginia.
West Virginia
North Carolina
___.
South Carolina
Georgia
_
Florida
Alabama
Mississippi
Louisiana _
Texas
Arkansas
Kentucky
Tennessee

Preferred
stock

1,239
849
643
4,445
346
4,050

Unimpaired

6,877
5,296
4,251
69,080
7,126
17, 244

fcO
Time deposits

Demand deposits

Capital stock

Par
value

Individuals, U. S. States Banks Banks
in
Deposits Christand
in
partner- Govern' political
accumuCerti- lated for
mas
United foreign
ships, and ment
counsubficates payment savings Open
corporatries Savings
acdivisions States
of
and
tions
of
deposit personal similar counts
loans accounts

345
6,877
50, 603
760
5,296
45, 287
368
4,251
21, 759
69, 094 1,035, 589 13,164
7,126
98, 233 1,053
17, 244 230, 412 4,006

9,014
6,658
4,426
6,653
783
1,424
77, 510 344,176
8,846
4,400
24, 961 23,198

61, 756
21, 272
33, 584
21, 540 210, 545
H T"
194
87, 340

1,408
901
324
4,818
3,508
2,551

33
83
320
1,427

States
Banks
and
Postal politi- Banks
in
sav- cal sub- United foreign
ings i
divi- States countries
sions

339
145
292
389
82
939

30
356
15
184
125

3,221

279
415
165
164
104
595

6,008

1,722

2,186

710

245

400
591
294
3, 601
171
1,504

25
2,517

6,561

21, 745 428, 586 13,510

2,759

,
17, 982 257, 872 258,811 5, 362, 432 23, 093 258, 916 1 599, 501285, 562 695, 438 12, 408
10 418, 338 3,374
20, 901 36, 721 37, 348 378, 687 16,038 103, 055 19,333
14,166 150, 089 150, 236 1,497, 549 44, 777 71, 607 597, 683 6,140 885, 510 71, 496
324
8,139
312
273
1,674
81
1,676
10, 472
268
106 88, 397 3,156
11, 353 11, 353 193, 242 20, 230 29,885 94, 909
2,229
249 47,159
1,593
900
7,700
7,700
171, 797 1,256
45 42,055

7,937
2,375
8,090
16
110
373

7,761 45, 084
10, 547 2,294
15,118 98, 767
5
68
3,215
834
1,181
1,249

600 18, 522 4,750
3,000 6,853
585
3,296 41,188 39, 971
100
107
5
735
964 3,578
100
500

3,572

56, 259 465, 409 467,124 7, 614,179 105, 667 463, 776 2, 353,805 292, 0672,142, 981 92, 339

18, 901

35, 577 150, 546

7,838

67, 531 49, 484

3,572

143, 460 5,652
58, 250 5,249
26, 869 3,525
710
19, 267
16 62,034 4,303
297 53, 297 1,471
236 68, 478 3,849
21, 333 3,666
1,728 64,514 2,587
1,137 158, 208 19, 564
23, 016 3,962
53, 798 12, 650
96,158 16, 639

1,626
59
1,791
83
346
486
104
71
377
3,443
49
35

11, 572 109,874

1,012
820
261
927
758
232
3,944
1,451
2,909
7,491
778
2,067
5,299




23, 637
10, 580
6,486
4,f~~
16,471
15,165
14, 668
3,035
10, 970
64,113
5,569
11,218
18, 300

109,888 1,481,883

23, 637
10, 580
6,486
4,f~~
16, 471
15,165
14, 668
3,035
10, 970
64,113
11,218
18, 300

195, 312
93, 942
74, 205
74, 010
189, 007
215, 705
136, 984
33, 156
187, 341
911,443
63, 451
135, 705
190,477

19, 696 121,606

3,943 24, 540
1,805 13, 253
1,376 10, 594
2,030 16, 693
18, 847 21, 588
10, 334 39, 392
7,011 24, 956
9,338
1,279
12,164 29, 930
40, 869 115,143
948 15, 277
3,461 10, 448
17, 221 41, 903

390,443

65,999
12, 211
16,100
11, 586
96,346
87,871
36, 978
6,243
119,188
308, 941
23, 863
69, 275
133, 907

2,236
730
410
779
914
493
994
335
1,193
901
235
1,047
1,138

1,879
158
10
30
208
720
271
400
2,048
403
185
161

751 6,853
304
414
405
998
449
16
317
1, 529
221 4,939
925
809
622
3
654
2,077
1,345 22, 344
220
41
253
636
765 4,577

1,812
490
303
70
675
820
1,512
35
175
906
175
378
4,545

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 U n i t e d
States (exclusive of possessions)

13,124
668, 700 5,439
60,307
60,30'
85, 736 152, 764
4, 206 20, 382 20, 382 271, 930 16,912
58, 960 68, 369
6,417 127, 286 127, 286 2,159, 753 102,617 269, 741 920, 259
13, 339 24, 474 24, 474 619,357 16,127 110, 704 127, 709
9,399
22, 203 22, 226 257, 941 2, 450 52, 429 82, 453
2, 124 34, 356 34, 356 338, 531
87, 817 171,831
923
973
11, 207 124,914
11,207
32, 784 60, 572
1,679
2,154
25, 544 25, 544 375, 267 3,427 32, 320 276, 286
51, 736 325, 759
237
467
738
1,055
177
300
1,014
281
1,102

3,016
3,195
13, 695
13,891
4,329
2,253
10, 772
1,844
23,120

337, 687
127, 843
609, 064
295, 641
186, 623
163,318
48, 810
302 92, 539

546
55
7,017
97"
170
1,047

26,477
27, 330
56,154
6, 156
13, 321
32,070
15,
12, 476

325, 782 ; 816, 393149, 574 730,491 1, 860, 243 10,114 1, 861, 525 189, 880
,
3,016
3,195
13, 695
13. 902
4, 329
2,253
10, 772
1,844
23,120

26, 705
29, 240
140, 318
144, 921
48,315
24,422
162, 377
26, 608
231,483

76,126

834,389

146
384
2,886
4,229
158
217
1,408
388
4,644

5,371

76,115

1,767
124
27, 771
845
215
12
700

20, 298
8,806
114, 751
3,285
3,382
948
1,725

20, 298 277, 255 3,323
164, 653 7,439
8,806
114, 751 1,333,173 67, 981
44, 832
3,285
374
37, 753
3,382
6'
20, 221
948
142
41, 075
1,725
211

31, 434

153,195

1, 918, £

3,382
11, 505
25, 210
44, 379
8,247
6,317
15, 713
12, 125
55, 817

3,779
3,774
66, 133
42, 065
6,214
5,310
49, 360
3,190
76,:

14, 460 182, 695 256,113
55,136
59, 979
39,114
23, 021
189, 722 197, 407
15, 379
2,588
7,569 14, 584
4,528
933
10, 659
1,843

79, 537 322,107

300, 355

58

12, 571 6,140
V"
11,544
26, 819 14, 243
22, 823 12, 583
18, 296 3,418
12, 942 1,"
67, 046 2,750
9,235
2,096
43, 851 13, 923

56 225,127

3,927
2,046
4,966
1,616
2,297
1,086
312

18,461

17,132

204
605
1,217
652
689
482
843
90
1,765

83
60
503
413
93
74
938
92

6,547

661
1,537
5,194
1,331
205
1,032
118
2,191

15,134
49
36, 969
3,207
63"
2,375
29
907

6,131
8,972
86
1,105
853
2,716

~~27 937

4,193
266
6,102
848
262
4,092
1,329
1,;"""

30, 278

12, 269

59, 302

19, 915

90
42
1,420

42
326
713
29
129
66
156
694

211
457
34
77
466
582
278
25
4,742

15
30
42
318
15
230
2,858

2,193

6,872

6,512

58
415
5,076
7,024 142, 952
332
41
27
106
135
26

425
6,419
150
172
250
25

8,642 148, 257

8,421

1,750

41,198 328,081

96, 938

5,322

96,944

5,323

6,345
35
17, 776
1,919
899
367

2,342

2,009

6,284
6,053
39, 762
2,971
730
499
1,185

90
1
17, 718

831
1,519
41,196

10, 213 1, 622, 032 57,484

17,826

61, 534

135, 716
103, 378
,
7, 990 [ 306, 679
1
23, 512
21, 695
15, 709
193 15, 343
1,452
578

184, 321 1, 335, 262 1, 337, 025 19,166. 544
490, 222 2,193, 730 6,149, 467 337, 609 7,128, 933

'8, 574

5,558
Alaska
449
300
431
300
125
2,595
The Territory of Ha21, 586 8,205
waii
3,350
3,350
6,474
2,153
24 20,122
Virgin Islands of the
363
120
United States
30
42
30
164
1,031
Total posses3,680
sions
120
2,278
7, 087
27, 507 8,678
23, 748
Total United
States and possessions
184,441 1, 338, 942 1, 340,705 19,194,051 498,900 2, 200,817 6,151, 745 337, 633 7,152,681

65

43, 611

62

1 Includes U. S. Treasurer's time deposits—open account.



55,138

90,843

90
394

5,696

2,S

1,750

50

749

51

146
85

394

5,758

504, 332

55,138

91, 237 238,925

839

281

42,037 328, 362

TABLE N O .

and depositors in all active banks in the United States and possessions, according to classes of banks, June 301
1941

57.—)

[Deposits in thousands of dollars]
Total all active banks

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

_.

Total Southern States...
Ohio.
Indiana .
Illinois



Savings
deposits,
including
time certificates
of deposit 2

All banks other than
national

Savings
deposits,
including
time certificates
of deposit 2

Location

Virginia
West Virginia
North Carolina
South Carolina .
Georgia
Florida .
Alabama.
Mississippi
Louisiana
Texas
Arkansas
.
Kentucky
Tennessee
.

National banks

Depositors 3

247,722
229,127
136, 545
2, 520.979
338,018
959,395

557, 247
377,830
267.548
3, 764, 277
435, 213
1, 517, 631

63,164
22,173
33,908
215, 363
17,597
89,891

134,882
60,091
72, 620
570,479
17,760
212, 228

184,558
206,954
102,637
2, 305, 616
320,421
869, 504

422,365
317, 739
194,928
3,193,798
417,453
1, 305,403

4,431,786

6,919,746

442,096

1,068,060

3,989,690

7,206,547
1,202,014
2,203,476
83,571
426,330
114,938

9.996,549
2,567,414
3,768,913
151,106
954,844
295,406

707, 846
421,712
957,006
8,451
91, 553
48,752

1,623,073
965,000
1,796,589
10,795
154,781
118, 246

6,498,701
780,302
1,246,470
75,120
334,777
66,186

11,236,876

17, 734, 232

4, 668,484

268,161
122,855
112,999
36,106
126,727
86,665
106,314
72, 215
112,051
203,422
46,473
133,456
173,067

544,673
291, 517
261,749
75,942
406,436
230,165
262,966
100, 242
363,018
406,129
79,450
202,839
396,926

149,112
63,499
30,394
19,977
66, 337
54,768
72,327
24,999
67,101
177, 772
26,978
66,448
112 797

289,412
141,432
77, 217
52, 251
252, 205
150,268
.179,651
41,054
280,798
359,977
44,763
111,684
2sn r>4fi

1,600,511

3.622,052

932, 509

1,101, 041
354, 205
1,051,899

2,461, 077
671,820
2,323, 517

364,164
155,173
665, 218

2, 235,320

Deposi-

tors 3

Savings
deposits,
including
t i m e certificates
of deposit 2

Depositors3

State (commercial)
banks 1
Savings
deposits,
including
time certificates
of deposit 2

Depositors 3

Mutual savings banks
Savings
deposits,
including
time certificates
of deposit 2

Depositors 3

54,668
12,383
45,790
156,135
140,949
115,306

170,447
29, 639
104,439
359, 241
223,607
4 297,435

129,890
194,571
56,847
2,149,481
179,472
753,899

251,918
288,100
90,489
2,834, 557
193,846
1,006,952

5,851,686

525,231

1,184,808

3,464,160

8,373,476
1,602,414
1,972,324
140,311
800,063
177,160

874,372
467,254
622,173
30, 533
107,869
66,186

1,610,049
1,080,452
1, 247,623
56, 518
377,236
177,160

5, 622,420
313,048
618,586
44, 587
226,908

9,001,556

13,065,748

2,168, 387

4, 549, 038

6,825, 549

119, 049
59,356
82, 605
16,129
60,390
31,897
33,987
47, 216
44,950
25, 650
19,495
67,008
60, 270

255, 261
150,085
184,532
23,691
154, 231
79,897
83, 315
59,188
82,220
46,152
34,687
91,155
116,880

119,049
59,356
82,605
, 16,031
60,390
31,897
33,987
47,216
44,950
25, 650
19,495
67,008
60,270

4 255, 261
150,085
184, 532
23,691
154, 231
79,897
83, 315
4 59,188
4 82, 220
46.152
34,687
4 91,155
116,880

2,260,758

668,002

1,361,294

667,904

1,361,294

776,136
291,900
1,464,339

736,877
199,032
386,681

1,684,941
379,920
859,178

610,321
179,228
386,681

1, 507, 702
352,794
859,178

Private banks
Savings
deposits,
including
time certificates
of de-2
posit

Depositors3

299

1,016

4,665,862

299

1,016

6,761,881
521,962
706, 623
83,793
422,827

1,909

1,546

5,711

18,078

8,497,086

7,620

19,624

«98

98
124,943
18,781

174,943
25, 111

1.613
1,023

2,296
2,015

to

745,433
456,368
389, 063
244,999
305.124

1,707,422
1,060,812
809,496
456,926
801,470

301,797
199,944
195,388
64, 706
105, 015

688,406
476,062
474,193
166,348
287,026

443,636
256,424
193, 675
180, 293
200,109

1,019,016
584,750
335, 303
290, 578
514,444

443,636
251,589
125, 554
180, 293
200,109

1,019,016
563,070
4 245,127
290, 578
4
514,444

4,835
68,121

21,680
90,176

4,648,132

10,292,540

2,051,405

4,624,410

2,596,727

5, 668,130

2,377,411

5,351,909

216, 680

311,910

29,416
29,561
61, 021
77 241
39,066
21, 630
91,019
14,476
71,225

56, 507
57, 086
158,530
172, 249
75,257
43,414
219,852
27,123
146,145

18,711
16,242
41,061
35 406
21,714
14. 626
69,796
11,331
57,774

40,823
36,084
127,401
95, 098
40,951
30,248
165,835
19,962
126,096

10,705
13,319
19,960
41,835
17,352
7,004
21,223
3,145
13,451

10,705
13, 319
19,960
41,835
17,352
7,004
21,223
3,145
13,451

15, 684
21, 002
4 31,129
77,151
34,306
13,166
54,017
7,161
20, 049

434,655

956,163

286, 661

682,498

147,994

273, 665

147,994

273, 665

250,099
127, 547
2,134,959
32, 578
65,066
17,466
30,825

551, 247
290,725
3,430,711
62,344
174,688
25,367
59,448

142,000
109,431
1,346,441
26,483
22,425
16, 208
16,528

311,777
252,660
2,452,079
49,563
55,130
23, 600
35, 044

108,099
18,116
788, 518
6,095
42,641
1,258
14,297

239,470
38,065
978,632
12,781
119,558
1,767
24,404

32, 669
15, 273
788,518
6,095
42, 641
1,258
14.297

4 71,351
35,320
978, 632
12,781
119,558
1,767
24,404

75,430
2,843

168,119
2,745

2, 658, 540

4, 594, 530

1,679, 516

3,179,853

979,024

1,414,677

900,751

1, 243,813

78, 273

170,864

Total United States (exclusive of possessions) - 25, 010, 500

44,119,263

7,627,507

16,484,063

17,382,993

27, 635, 200

6,787, 678

13,964,527

10,584,662

13,047
11,312
2,528
197,202
344,460
54,148
1,147

2,657

4,731

25,818

74, 212

5,646
3,755
322
46,708
50,429
16, 513
120

8,316
11,312
2,528
122,990
344,460
54,148
1,147

5,646
3,755
322
46,708
50,429
16, 513
120

4 8,316
11,312
2,528
122,990
4 344,460
54,148
1,147

10, 584, 662

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
Virgin Islands of the United
States
Total possessions __ _ -Total United States and
possessions _

8,303
3,755
322
72, 526
50,429
16,513
120
1,031

4,573

1,031

628,417

29,506

83,516

123,493

544,901

123,493

44,747,680

7,657,013

16,567, 579

17,506, 486

28,180,101

6,911,171

14, 509,428

4,311

13, 645,722

10, 653

24,951

13, 645,722

10,653

24,951

544,901

25,163,499

2,636

4,573

152,999

1 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.




15,684
21 002
31,129
77,151
34,306
13,166
54,017
7,161
20,049

s Represents number of savings passbook accounts.
4 Estimated.
* Represents time certificates of deposit.

to

258

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 58.—Per capita demand and time and savings deposits in all active
banks, June 30, 1941
Population
(estimated)

Location

856,831
497,096
363, 303
4,365, 658
721.433
1, 728, 619

Maine
-_
New Hampshire
Vermont
"Massachusetts
Rhode Island
Connecticut
,

$409.98
584. 56
482,75
938. 56
735.96
862.10

$247, 722
229,127
136, 545
2, 520,979
338,018
959, 395

$289.11
460.93
375.84
577.46
468. 54
555.01

"

__

_ ,

4,431, 786

519.37

7, 206, 547
1,202,014
2,203, 476
83, 571
426, 330
114, 938

528.65
285. 70
220.07
310.07
231.46
159.49

31, 576,966

1,029.11

11, 236, 876

366.22

2,708,130
1, 923, 536
3,612,114
1,921, 342
3,159,136
1,918,924
2,865,077
2, 208, 553
2, 390, 678
6, 487, 547
1,971,487
2, 877, 886
2,948,897

657,480
327,881
444, 265
176. 505
462, 573
442,424
342, 792
208, 212
456,923
1,476, 314
195, 747
451,991
513,630

242. 78
170.46
122. 99
91.87
146.42
230.56
119. 64
94.28
191.13
227. 56
99,29
157.06
174.18

268,161
122. 855
112,999
36,106
126, 727
86, 665
106,314
72, 215
112,051
203,422
46, 473
133,456
173,067

99.02
63.87
31.28
18.79
40.11
45.16
37.11
32.70
46.87
31.36
23.57
46.37
58.69

_ __

__

Total Middle Western States..
.

Total Western States

_

_

Total Pacific States.
Total United States (exclusive
of possessions).

See footnotes at end of table.

36, 993,037

6,156, 737

166.43

1,600,511

43.26

6,985,921
3, 466, 656
7, 986, 769
5,315,692
3,173,157
2, 823, 955
2, 567.044
3, 827, 570

2, 799,879
991,140
4, 451, 630
1,917,162
993, 648
945, 203
699, 293
1, 255,827

400. 79
285.91
657. 38
360. 66
313.14
334. 71
272.41
328.10

1,101,041
354. 205
1,051,899
745,433
456. 368
389,063
244, 999
305,124

157. 61
102.17
131.71
140.23
143.82
137. 77
95.44
79.72

36,146, 764

14,053, 782

388.80

4, 648,132

128.59

80,076
102, 332
287, 347
411, 603
145, 689
67,069
314, 784
65, 938
422,691

123. 34
157.37
215, 93
225. 98
257.49
264. 48
277.09
122. 60
178.88

29, 416
29, 561
61,021
77, 241
39,066
21, 630
91,019
14, 476
71,225

45.31
45.46
45.85
42.41
69.05
85.30
80.12
26.91
30.14

9, 307, 841

-

_




812.83
1, 637. 29
544.45
537. 77
1,002.00
493. 45
560.02

649, 213
650, 249
1, 330. 751
1,821,446
565, 798
253, 585
1,136,031
537, 847
2,362,921

.

Washington
Oregon __
California
Idaho.._
Utah
Nevada
Arizona

6,935,846
22, 319, 399
2, 290, 663
5, 384, 375
270. 064
908.890
403, 575

30, 683, 754

Total Southern States

North Dakota . _ .
South Dakota
Nebraska
Kansas
Montana
Wyoming
_
Colorado
New Mexico
Oklahoma _.

Per
capita
savings
deposits

8,532.940

Total Eastern States

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa.
Missouri

$351,282
290, 581
175,386
4,097,411
530,945
1,490, 241

Savings deposits (000
omitted)2

13, 631, 949
4, 207, 327
10,012, 413
269, 526
1,841,891
720, 648

Total New England States
New York
New Jersey
Pennsylvania
Delaware
"Maryland
District of Columbia.

Virginia
West Virginia „ .
North Carolina
South Carolina _
Georgia
Florida _
Alabama
Mississippi
Louisiana
__
Texas
Arkansas _
Kentucky
_
Tennessee

Per capita
D e m a n d and
t i m e deposits demand and
(000 o m i t t e d ) i time deposits

1, 897, 529

203.86

434, 655

46.70

1, 755, 874
1,102, 037
6, 985. 694
530, 823
556, 548
111,497
504, 921

627, 471
360, 337
4, 437,096
109, 265
155, 207
45, 307
100, 647

357. 36
326. 97
635.17
205.84
278.87
406.35
199. 33

250,099
127, 547
2,134, 959
32, 578
65,066
17, 466
30,825

142.44
115. 74
305. 62
61.37
116.91
156. 65
61.05

11, 547, 394

5, 835, 330

505. 34

2, 658, 540

230.23

133, 212,000

66,456,190

498.88

25,010, 500

187.75

REPORT OP THE COMPTROLLER OF THE CURRENCY

259

TABLE N O , 58.—Per capita demand and time and savings deposits in all active
banks, June 30, 1941—Continued
Population
(estimated)

Location

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
.
Virgin Islands of the United States_.

Per capita
D e m a n d and
time deposits demand and
(000 omitted)i time deposits

Savings deposits (000
omitted) 2

Per
capita
savings
deposits

Total United States and possessions

$21,679
10,749
486
145,400
111,000
85, 957
271
1,643

$289.66
201.40
21.35
337.98
6.64
45.01
20.43
65.07

$8,303
3,755
322
72, 526
50,429
16,513
120
1,031"

$110.94
70.36
14.15
168.59
3.02
8.65
9.05
40.83

19,240, 618

Total possessions.

74,842
53, 372
22, 763
430, 204
16,711,000
1,909, 923
13,265
25,249

377,185

19.60

152, 999

7.95

152,452,618

66,833,375

438.39

25,163, 499

165.06-

1 Total deposits, except United States and interbank deposits.
2
Represents deposits evidenced by savings passbooks and time certificates of deposit (does not include
postal savings or Christmas savings accounts, etc.).

TABLE N O . 59.—Assets and liabilities of operating insured commercial banks, by
classes, June 30, 1941
[In thousands of dollars]

All banks

National
banks,
members
Federal
Reserve
System

„__._.

i 13,423

5,130

2 1,423

16,870

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
banks.
_
Reserve with Federal Reserve banks
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

19,902,650
10, 519
15,291,043
4,079, 671
3,551,281
2,887,467

10,890, 608
6,377
8, 833,695
2, 277,085
2,015,912
1,586,425

5,826,335
2,636
5, 403, 752
1, 561, 803
967,198
872,150

3,185,707
1,506
1,053,596
240, 783
568,171
428,892

469,151
12, 958, 527
1, 242, 618

7,451, 783
702, 589

199,934
5, 506, 744
296, 764

243, 265

10,797,112
1,067,130
306, 755

6,342,042
591, 217
96, 562

2,387,937
321, 734
111,778

2, 067,133
154,179
98, 415

122,184
79, 424

61,764
49,905

48,865
28, 814

11, 555
705

111, 837
106, 743

61, 224
52,370

44,178
39, 858

6,435
14, 515

72,984,112

41, 227,944

23, 620., 480

8,135, 688

Number of banks.

_____

State
banks,
members
Federal
Reserve
System

Banks not
members
Federal
Reserve
System

ASSETS

Total assets

60, 831

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
34,330,943 19,166, 544 12, 262? 174
Time deposits of individuals, partnerships, and corpora8,012, 413
tions
15, 207, 488
3, 877,869
3
41,198
65, 033
13, 567
Postal savings deposits
_.
490, 222
665, 693
Deposits of U. S. Government
128,415
2, 521, 811
Deposits of States and political subdivisions
4,009, 655
815, 975
See footnotes at end of table.




2,902, 225
3, 317, 206
10, 268
47,056
671,86&

260

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 59.—Assets and liabilities of operating insured commercial banks, by
classes, June 30, 1941—Continued
[In thousands of dollars]

All banks

National
banks,
members
Federal
Reserve
System

State
banks,
members
Federal
Reserve
System

10,545, 601
792, 235
65,616,648
49, 705,679
15, 910,969

6, 589, 336
451, 697
87,273,221
28,789,269
8, 483,952

3,846, 523
286,029
21,230, 552
17,226,853

10,675

2,005

94,387

59, 307

98, 246
101,861
289,189

55, 623
56,138
191,923

34, 353
24,072
36, 290
85, 263

18, 551
9,433
12, 003

66,211,006

37,638,217

21,411,412

7,161,377

1, 519, 583
1, 333, 520
498, 074

839, 255
984, 517
270,170

499, 525
285, 290
130,073

Banks not
members
Federal
Reserve
System

LIABILITIES—continued

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 u n p a i d Other liabilities
Total liabilities

4,008, 699
882

109, 742
54, 509
7,112, 875
8, 689,557
8, 423,318
7,788
727

CAPITAL ACCOUNTS

Capital stock, notes, and debentures
Surplus
Undivided profits
Reserves and retirement account for preferred stock and
capital notes and debentures
Total capital accounts.
Total liabilities and capital accounts

2,858, 363
2, 603,327
898, 317
413, 099

238, 550

115,126

59,423

6,773,106

3, 589, 727

2, 209, 068

974, 311

72,984,112

41, 227,944

23, 620,480

1,135, 688

3,663, 559

2, 655, 681

716,098

291,780

934, 211

597,973

158,035

178, 203

205, 540
54,936

100,882
19, 344

81,173
32, 843

23,485
2,749

4,858, 246

3, 373,880

988,149

496, 217

3, 818, 213

2,729, 768

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 and preferred liabilities:
Deposits secured by pledged assets pursuant to requirements of law
Deposits preferred under the provisions of law but
not secured by pledge of assets
Borrowings secured by pledged assets, including
rediscounts and repurchase agreements
Other liabilities secured by pledged assets
Total

704, 310

384,135

915, 370

994, 902

79, 532

10, 301
3,406

1,984
521

873
2,285

7,444
600

4,826, 822

2, 732, 273

1, 622,838

471, 711

1
Includes 3 insured national banks in the possessions not members of the Federal Reserve System.
Excludes 3 insured State banks not members of the Federal Reserve System.
2 Excludes 3 mutual savings banks members of the Federal Reserve System.
3
Includes United States Treasurer's time deposits, open account.




TABLE N O . 60.—Assets and liabilities of all active banks in the United States and possessions, by classes, at the close of business Dec. SI, 1940

fcO

[In thousands of dollars]

Total, all

Number of banks
Loans on real estate
Other loans, including overdrafts

National
banks

All banks
other than
national

Banks other than national
State (commercial) i

H

Mutual
savings

Private

••d

O

14,956

5,150

9,806

9,199

551

56

9, 436,945
14, 530, 531

2,097,186
7,930, 587

7, 339, 759
6, 599, 944

2,478, 232
6,454, 254

4,859,173
99, 282

2,354
46,408

23, 967, 476

10,027, 773

13, 939, 703

8, 932,486

4, 958,455

48,762

3

ASSETS

Total loans

..

U.S. Government securities:
Direct obligations
Guaranteed obligations
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve banks

H
O
O

Total assets

9,130, 285
2,145, 908
2,331,511
2, 722,180
530, 650

6, 248,141
1, 741, 716
1, 713, 626
1, 450, 927
328, 247

2,821,926
401,828
607, 723
1, 261,130
196,058

60,218
2,364
10,162
10,123
6,345

13, 668,040

16, 860, 534

11,482,657

5, 288, 665

89,212

o

1, 407, 364
26, 846, 418
1, 223, 787
930,106

718, 799
14,401, 268
594, 398
108,197

688, 565
12, 445,150
629, 389
821, 909

616, 967
11,500,803
506, 920
267,078

69, 883
898, 372
121,947
553, 779

1,715
45,975
522
1,052

o

144,002
104,269
419, 906

62, 415
47,154
105, 918

81, 587
57,115
313, 988

68, 998
47, 391
236,036

12, 562
77, 247

27
9,724
705

W

85, 571. 902

Currency and coin
Balances with other banks, including reserve balances
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
Other assets

7, 658, 549
2,094, 056
2,008, 472
1, 694,058
212, 905

30,528, 574

Total investments

16, 788,834
4, 239, 964
4,339, 983
4, 416, 238
743, 555

39, 733, 962

45,837, 940

33, 659, 336

11,980, 910

197,694

33, 636,143
26,072, 015
805,449
3, 939, 312
10, 973, 203
981, 763

17, 939, 331
7, 954,096
506, 709
2, 358. 230
6, 575, 298
518, 760

15, 696, 812
18,117, 919
298, 740
1, 581,082
4, 397,905
463,003

15, 593, 822
7,448, 866
298, 739
1, 578, 285
4, 355, 329
461, 067

10,655,644
1
1,136
196
453

76,407, 885

35, 852, 424

40, 555, 461

29, 736,108

10, 658, 292

1

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....„
.."_




102,128
13,409
1,661
42, 380
1,483
161,061

I
O

i

120, 773
608, 626

25.060

•£

Total liabilities

2

3,127
54, 489
287, 524

21.933
66,284
321,102

21,044
55, 913
295,115

24,615

887
10, 371
1,372

77,162,344

Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks
Other liabilities...

36,197, 564

40, 964, 780

30,108, ISO

10,682,909

173, 691

195, 657
1,331, 580
1, 309, 533
467,984

123,134
151, 956
1, 268,192
2, 251, 622
718, 940

115, 777
151, 956
1,259.352
1, 380, 549
407,052

7,357

2

CAPITAL ACCOUNTS

o{
I
>[*
to

Capital notes and debentures
..
Preferred stock
__
_
Common stock
_
Surplus
Undivided profits
Reserves and retirement account for preferred stock and capital notes and deM
bentures

i Includes trust companies and stock savings banks.




857, 318
311, 583

8,840
13, 755
305

__

590,960

231,644

359,316

236, 470

121, 743

3, 536, 398

4, 873,160

3, 551,156

1, 298,001

24,003

85, 571, 902

39, 733, 962

45, 837, 940

33, 659, 336

11, 980, 910

197, 694

O

1,103

8,409, 558

Total capital accounts...
Total liabilities and capital accounts

123,134
347, 613
2, 599, 772
3, 561, 155
1,186,924

w
o

o
d
o
4
fcO

TABLE NO. 61.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1940 (includes National, State
(commercial), savings, and private banks) l
ASSETS
[In thousands of dollars]

Location

Maine
New Hampshire
Vermon t
Massachusetts
Rhode Island
Connecticut
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern State:

Number of
banks

100
52, 568
107
73, 518
82
64, 969
388 1,104.178
35
98, 557
202 416,120
914 1, 809,

Securities
U.S.
guaranGovern- teed by
ment se- U.S. Govcurities, ernment
direct ob- as to inligations terest and
principal

58, 760
85, 586
36, 706
36, 229
30, 077
26, 56"
655,151 1,113,142
165, 533

123, 627
287, 535

910 1, 034, 295 1, 672, 686

13, 946
20, 720
5,998
95, 383
29, 046
48,160
213, 253

Obligations of
Other
States
bonds,
and
notes
political and desubdivi- bentures
sions

2, 596 4, 516,190 5, 765, 002 9, 299, 520 2,
314
181
228
150
283
173
21
207
145
835
216
408
297
3,654




88, 040
51, 498
35, 736
10, 750
41, 084
28, 489
25, 009
20, 750
33, 952
53, 847
13. 219
62,156
41, 392

245, 683
88, 725
169, 585
59, 415
224, 927
110, 816
111,874
53, 899
152,498
549, 526
57, 578
175, 806
229, 800

505,922 2,230,129

507,

278

89, 254
31, 779
66,412
14,828
48, 204
73, 685
33,186
10, 905
76, 754
243, 929
17,266
75, 249
64, 664

26,466
16, 611
26, 746
2,482
25, 372
30,138
13, 001
2,546
32, 454

846,115

Corporate
Balances Bank
stocks, Curwith
includ- rency
other premises
owned,
ing
and banks, in- furniture
stocks of coin
cluding
and
Federal
reserve
Reserve
balances fixtures
banks
7,145
8,151
85, 273
17, 027
4,563
49,610
3,630
3,379
30,613
75,172 173, 596 1, 066, 630
35,409 12, 328
122, 589
44, 909 33, 014
368, 647

Real
estate
owned
other
than
bank
premises

3,835 6,288
4,348 7, 580
3,347 7,041
64, 927 141, 485
13, 480 5,110
28, 761

10, 009
11, 454
6,335
130, 51
8,182
52, 705

67,094
68, 878
19, f" ~
405, 095
63, 090
178, 549

219,

802, 391 183, 292 235, 031 1, 723, 362 118, 698 216, 322

202

870 3,454,(
4,036, 616 6,948, 859 5,076,46: 1, 317,05' 1,218, 510
385 367, 657
472, 327 114, 84; 178,608 193, 981
349, 536
1,087 523, 591 1,106, 046 1,409, 298 247, 608 346, 391 852, 042
45
12, 637
32,954
13,126
43,034
48, 509
46,151
18'
30, 264
339,021
84,184
148, 939
15, 730
44, 099
22
25, 455
2,272
19, 803
52, 865
75, 356
86, 981

Virginia
West Virginia...
North Carolina..
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern

Other
loans, in>
Loans eluding
redison real
counts
estate
and overdrafts

199, 268 234,934 10,081,060 344, 566 356, <
23, 415 53, 371
675, 822 64,169 72,839
107,171 123, 359 2, 023, 991 149, 668 138,457
4,260
3,838 117,054
3,602 1,641
373,454
15, 021 6,903
62, 289 22, 412
171, 685 15, 344 3,115
1,878 12, 820

1,873,184 2, 374, 586 398, 281 450, 734 13, 443, 066 592, 370

7, 783
17, 549
23, 504

27, 707
16,197
48, 692
17,132
27, 291
38, 940
45, 738
54,169
64,135
130. 936
26, 677
25, 807
51, 827

22,
13, 349
13, 229
3,317
18, 232
12, 379
10, 261
1,576
6,526
23, 653
4,309
26, 595
15, 978

273,535

575,248

172,050

4,050
3,518
2,634

632
3,374
1,221
1,694
756
2,656
10,126
557
1,980
4,694

19,825
12, 210
18, 998
8,842
14,248
17, 963
11,205
9,245
12, 310
37,47
5,960
13, 538
15,140

245, 901
122, 403
224,187
88, 621
212,199
212, 619
159, 724
85,027
233, 663
803,345
111, 332
189, 593
252, 797

37,892 196,960 2, 941,411

579, 924

Investments
and other
assets indirectly
representing bank
premises
or other
real estate
715
88
3,969
4,264
5,903
263

Customers'
liability Other
assets
on
acceptances

7,540
1,129
28

470
399,840
331,135
414
206,198
588
5, 053, 593
16, 513
1,365 607, 883
8,055 1, 681,097

15, 202

27,405 8, 279, 746

31, 208
4,195
16, 616
716
365
2,270

>, 955 140, 153 30, 507, 561
9, 368 2, 580, 451
316
1,012 31, 626 7, 083, 876
440
327, 962
4, 593 1,147, 412
138
962
470, 811
5

55, 370 75, 426 187,142 42,118,073

2,528
13, 646
9,389
8,547
4,639
9,618
38,193
3,156
9,349
15,465

4,583
5,131
2,067
507
4,504
2,119
4,747
1,825
2,002
5,744
815
3,609
4,129

2,177
1,067
27
1
59
1,607
1,022
70
3, 713
4,705

547
14
24
4
325

201
655

6
362

149,299

41, 782

15,361

2,248

17,171
8,612

Total
assets

12

796
158

2,443
1,295
2,701

569
1,289
1,928
2,295
1,079
5,233
2,152
034
7,277
2,128

795,958
372, 395
620, 544
209,638
634,453
541, 297
428,628
246,486
636, 310
1, 952,673
249, 343
608, 715
722, 535

31,023 8,018,975

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota.
Iowa
Missouri

696
506
840
443
572
677
647
625

_..

Total Middle Western States

160
164
417
664
111
58
146
41
390

Total Western
States

4,428
8,505
15, 087
29,165
5,693
4,820
16, 509
4,847
14, 790

42, 729
43, 532
129, 272
161, 303
43, 003
22, 207
87, 929
18, 255
151, 501

12, 348
12, 649
61, 052
57,169
30, 936
9,960
49,198
11,173
47, 842

2,151

103, 844

699, 731

292, 327

_

139
68,148
73
18, 268
226 1, 038, 034
50
10, 807
60
25, 916
11
7,488
12
11,377

Total Pacific States_
Total United States
(exclusive of possessions)

628
11
3,039
54
24
163
7
359

13,198
1,793
18, 241
5,842
3,927
4,287
755
3,878

952, 957 836, 223 94, 891 339, 689 6,058, 563 205, 857 53, 323

23, 950

4,285

51, 921 17,296, 043

2,174
1,987
10, 242
5,978
5,236
991
14,161
1,381
4,034

196
215
763
1,166
360
164
802
158
1,268

2,164
2,757
5,890
8,463
4,224
2,157
8,108
2,235
8,165

19,903
32, 207
136, 236
157, 577
67, 266
38,445
201, 693
29, 640
200, 304

2,384
2,355
6, 510
8,762
2,911
1,041
3,885
982
9,434

482
278
450
1,135
205
43
389
59
127

2
119
1
611
7
183
1
1
127

88, 333 179, 630

46,184

5,092

44,163

883, 271

38, 264

Total possessions.._

64

1

2,480
85
22, 469
27, 245
4,449
477
57,205

4,533
386
282
31, 039
96, 295
36, 319
35

2,833
225
34, 898
3,694
2,712
45

24
1,134
11

191
11,616
8, 073
740

1, 945
73
13
7,162
3, 745
381
41

155
461
735

96, 693
120,418
401, 830
492, 762
177, 786
86, 943
409,187
75, 361
529, 030

4, 794 2, 390,010

1,052
16
37
31, 633
5
1,369
5
1

730, 876
1,709
181
389, 989
99
964
4, 793 17, 035 5, 278, 599
120, 358
271
198, 862
168
51, 267
220
107, 780
425

92, 069 1, 679, 646 111, 228 30,916

33,066

5,073

2,076
1,027
53
11, 021
24, 589
9,736
20

8,324
213
33
30, 620
35, 504
41, 926
31

417
23
2
3,564
2,791
1,261
1

157

1
890
2,991
708
8

158

19

112

80

182

196

448

12

44, 426

1,281

20, 700

13, 542

1, 351 48, 718

117,099

8,071

1
6
233
8,144

263
10, 363
19
2,639
41, 261
42, 250
17

23, 310
12, 085
714
157, 519
247,156
148, 637
198

17

4

169, 047

20, 792 6, 877, 731

144, 001 95, 886 323, 077 84, 980, 578

69

4,671

4,
4,
14, 956 9,436, 94514, 530, 53116, 788,834 4, 239, 964 339, 983 416, 238 743, 555 1,407,364 26, 846,418 1, 223, 787 930,106

1

8,383

1,705

96, 829

591, 324

144,002 104, 269 419, 906 85,571,902

i Includes also loan and trust companies and stock savings banks, but excludes private banks which do not report to State banking departments.




5
147

374
412
919
771
769
40
593
13
903

3,168

14,
14, 892 9, 379, 740 361, 48416, 744, 408 4, 238; 6834,319, 2834, 402, 696 742, 204 1,358,646 26, 729, 3191, 215, 716 925, 435
17
2
1
12
18
12
1

5

9,085
606
6,986
328
88, 365 29,195
1,795
45
2,406
199
843
20
1,748
523

24,182 44, 923 20, 800 1,808 14, 581 228, 739
7,357
123, 710
31,158 20, 465
9,342
528
256, 074 429, 466 130, 660 19, 397 59, 755 1,165,131
3,163
1,728
37, 079
7,569
205
6,748
2,617
3,773
73, 967
9,420
596
9,335
1,212
954
16, 552
3,224
55
3,354
3,384
4,005
34, 468
6,751
167
4,771

571 1, 180, 038 1, 325, 917 1, 347, 528 338, 378 519, 062 171, 262 22, 756

Ala ska
Canal Zone (Panama)
Guam
The Territory of Hawaii..
Philippines
Puerto Rico
American Samoa
Virgin Islands of the
United States
Total United States
and possessions.._

179, 564 136, 534
89, 649
81, 098
946, 760 1, 062. 301
21, 377
29, 566
25,178
43, 918
9,255
8, 085
11, 785
28, 375

6,567
798
2,604
1,746
1,734
6,545
2,477
1,479

79, 298 1, 062, 647
33, 950 375. 691
86, 828 2, 200, 299
47,497 718, 207
24, 220 364, 396
16, 689 384, 073
254, 333
24,144
27, 063 698, 917

5,534
11, 309
21, 567
36, 202
9,253
4,428
16, 240
3,568
71, 529

3,975
4,093
13, 836
24,460
7,923
2,464
9,674
3,049
18,859

3, 216, 539
1,154, 450
5, 756, 645
2, 095, 995
1,159, 614
1, 216. 032
815,156
1, 881, 612

60, 229 20,943
19, 526 6,554
44, 553 8,141
24, 386 2,305
19,180 4,468
12,063
1,866
8,944
1,334
16, 976 7,712

161,182 173, 576 156, 809 13, 536
48, 961 54, 909 57, 294 4,404
196,086 312,037 249, 544 30, 648
180,882 116, 254 114, 878 3,368
46,897 62,415 114, 938 2,797
49,039
76, 352 49, 324 2,152
28,628 60,303
932
23, 250
106, 231 97, 111 70,186 37, 054

5,006 1, 263, 836 3, 306, 410 3, 286, 232 817,906

North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

368, 619 632, 545 466, 762
139, 369 ] 96,427 214, 763
153, 965 1, 005,008 1,445, 652
192, 754 307, 283 380, 539
109, 226 201,105
204; 287
83, 339 316, 380 213, 760
99, 506 234, 329
76, 214
117, 058 413, 333 284, 255

TABLE N O . 61.—Assets and liabilities of all active banks in the United States and possessions, Dec. SI, 1940 (includes National, State
(commercial), savings and private banks)—Continued
LIABILITIES
[In thousands of dollars]
Demand
Time dedeposits of posits of U. S, Gov- Deposits
individuals, individuals, ernment
of States
partnerpartner- and postal and politiships, and ships, and
savings
cal subdideposits
corporacorporavisions
tions
tions

Location

249,113
73,163
229,163
45, 309
137,129
30, 563
1, 369, 538 2, 531, 219
337,867
157,212
961,299
429, 341

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island...
Connecticut
Total New England States.

Total Eastern States

2,105,126

4,445, 790

35, 881

182,091

7,685, 534
1,229,922
2,402, 735
83,895
433, 742
119,323

155, 760
23,906
94,506
1,250
37, 736
2.093

764, 553
197,613
220, 614
5,147
46, 291
100

17,188,847

_.

_

11,1,18
7.550
4,204
104, 579
14,040
40, 600

13,057, 874
784,093
2, 527, 030
179,718
386, 842
253,290

New York.
New Jersey
Pennsylvania. __
Delaware
_
Maryland
District of Columbia

Virginia
West Virginia.
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi.
Louisiana.
Texas.......
Arkansas
Kentucky...
Tennessee.

2,097
1,256
656
23,222
2,270
6,380

_

Total Southern States




271,625
144,721
234,515
107, 281
258, 368
248,280
174,845
102,926
263, 765
989, 201
116, 730
268, 357
254,671
3,435. 285

11.955,151

270,987
122,884
117,781
34,671
124.690
85,461
103, 537
70.506
111.285
208. 265
47, 555
139. 362
171,050
1,608,034

315,251

7,443
3,683
6,479
1,202
18, 727
10, 660
8, 395
3,769
16,168
37, 719
1,707
5.915
20,060
141,927

1,234, 318

43, 314
24,805
50. 782
32,666
36. 785
58, 208
38,069
26, 314
57,850
158, 507
21,279
32,816
48,122
629, 517

Deposits
of banks

9,584
5.470
1,080
432.092
13,620
45,906
507, 752

Other
deposits l

Total
deposits

1,780
1,731
932
27.827
3,505
10,831

346,855
290,479
174, 564
4.488,477
528, 514
1.494,357

46, 606

7, 323, 246

5,123. 894
44,944
806, 113
4,027
127. 674
39,143

504,761 27, 292, 376
18, 539 2, 299,017
43.482 6,094,480
4,847
278,884
3,957
1,036, 242
5,754
419,703

6,145, 795

581, 340

18. 327
138,056
12, 125
117,483
83. 888
50.241
13, 298
126.025
318. 397
32. 330
76. 743
148, 306
1,232,118

9,786
6,024
8.879
2.165
7.325
5,871
2,619
1,451
4, 142
45. 845
2.589
4.043
7,431
108,170

37.420, 702

700,054320,444
556,492
190,110
563, 378
492. 368
377. 706
218. 264
579. 235
1, 757, 934
222,190
527, 236
649,040
7,155,051

Bills payable, redis- Acceptances
counts, and executed
Other
by or for
other liabi- account of liabilities
lities for
borrowed reporting
banks
money
171
86
566
450
314

8,267
1,267
28

579
463
694
13,973
4,614
5,797

Total
liabilities,
excluding
capital
accounts

347,605
291,028
175. 258
4,511,283
534,845
1, 500.496

1,587

9,562

26,120

7, 360, 515

7,195
1,292
1,528

77, 652
316
9,734

291, 838
10,045
23,406
920
3,636
2,065

27, 669,061
2. 310, 670
6,129,148
279.804
1,040.016
421, 773
37,850,472

138
5
10, 015

87, 845

331,910

118
204
385
5
223
113
76
35
90
380
68
634
23

12

6
362

6,109
971
4,538
524
4,395
1,390
1,437
735
2,736
5,071
630
7.985
3,300

706,293
321,619
561,962
190,657
568,020
493,875
379, 551
219,034
583. 244
1, 763, 543
222. 888
535,861
653, 325

2,646

39, 821

7,199,872

2,354

547
18
24
4
332
1,183
158

Ohio
„..„-_.»„
Indiana
Illinois..
Michigan
Wisconsin
Minnesota
Iowa
_
Missouri

.___

Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado..
New Mexico
Oklahoma

25,127
17, 546
104, 381
22. 083
13, 469
4,420
3,875
14,950

167, 379
108.044
283, 593
154,496
49, 450
88,589
82, 640
79, 628

227, 674
81,343
1,064. 701
143, 845
90. 094
179,047
72, 721
482, 455

7, 301, 380 4,728.702

206,451

1,013,819

2,341,880

5.220
21,225
29,002
82, 048
18, 538
10. 330
18, 502
13,881
61,332

3,119
4,645
70, 970
37. 860
12, 327
6,939
55, 274
3.474
75, 879

890
746
3,719
3,886
2,095
623
3, 936
857
11, 935

85, 736
106, 886
359. 336
434,715
161 382
77, 752
370,984
69. 591
467, 528

125
87
464
340

20,422

260, 078

270, 487

28, 687

2, 133, 910

1,295

157

249. 482
296. 179
166, 384
127, 460
1, 695, 763 2,195,951
31.707
54.409
67. 680
64. 349
22, 683
17,236
29, 859
, 52,175

6,036
5,212
55, 834
671
218
218
265

51,109
31, 877
403, 533
18,763
20, 286
5,492
13, 722

61, 353
24, 564
326. 112
2,925
24, 324
991
2,088

5.397
3,981
56,159
719
1, 549
610
1,443

669 556
359, 478
4, 733, 352
109, 194
178,406
47, 230
99,552

486

230
101
6,078

2, 355, 273

2, 716. 044

68. 454

544,782

442, 357

69,858

6,196, 768

486

6.409

83, 575

6, 287, 238

33,491, 707 25,902, 161

788, 386

111,415

549, 797

76, 643, 342

6
233
9,119

10
35
20
360
54,576
3,816
12

20,871
12,085
608
135,489
205, 532
142, 784
163
1,470
519.002
77,162, 344

46, 531
49, 775
188, 779
225, 374
87, 140
36, 100
197,402
36, 549
238, 146

__.
.
ZZZZ Z_Z.

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
_

29, 717
29, 822
63, 957
78, 828
40, 750
23, 338
94, 276
14, 266
73, 486

1,105. 796

Total Western States
Washington
Oregon
California
Idaho.
U t a h . . .1
Nevada
Arizona

1,130,957
348,116
1,102, 294
734,647
465, 387
395, 868
241,782
309,651

1,312,050
471, 583
2,705. Ill
850. 950
404, 648
417, 123
330, 021
809,894

448,449

259
673
2,909
6,719
532
422
1,594
564
6, 750

10 562
2,750
69
48, 347
37,215
45,146
45
302

7, 450
2,940
330
67, 076
68. 245
22, 776
95
942

763
6,190

144,436

169,854

17, 063

33, 636,143 26,072,015

805, 449

4,368
5,676
66

3, 864, 605 10, 940, 389
1,344

577
135

25,661
12,233
43,021
17, 302
11,847
11, 180
8,427
10,312

2,888,848
1, 038,865
5, 303, 101
1, 923, 923
1, 034, 895
1, 096. 227
739, 466
1, 706, 890

139, 983 15,732.215

974, 644 75, 961, 892
165
35

20 861
12, 050
455
135.123
147,022
128, 863
161
1,458

45
26
4,196

647
9
3,499
54
24
163
7
393

11,041
2,832
19. 209
9,077
2,309
9.177
1,585
7,410

2,900,699
1,041,722
5, 325,864
1,933,054
1, 037,228
1,105,612
741,084
1, 718,889

4,501

4,796

62, 640

15,804,152

311
394
734
1,020
350
235
1,335
35
1,317

86.172
107, 367
360, 539
436,075
161, 732
78,063
372,527
69,626
468,992

5,731

2.141,093

4,088
1, 551
75,838
421
515
529
633

673,874
361,130
4, 815, 754
109,615
178,921
47, 759
100,185

163
16
55

76
203

5

5
147

20, 238

56
11, 783
17, 758
43,606
18
142

2,916
21, 359
7,822
5

633
2.445
3,837
3
1

74, 707

32, 814

7,119

445, 993

4,822

9,358

58,829

3, 939, 312 10,973, 203

981,763

76,407,885

25,060

120, 773

608,626

133
3~70T
986
2

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).




bO

o

TABLE NO. 61.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1940 (includes National, State
{commercial), savings and private banks)—Continued
CAPITAL ACCOUNTS
[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 VirginiaNorth Carolina .
South Carolina .
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States,




Capital
notes and
debentures

1,241
4,166

Preferred
stock

5,080
1,186
6,834
10, 920
1,495
6,979

Common
stock

11, 287
6,198
7,050
100, 506
19, 372
36, 620

Surplus

9,160
21, 074
4,080
269,960
45, 968
83, 008

Reserves and
retirement acTotal
count for preUndivided
ferred stock
capital
profits
and capital
accounts
notes and
debentures
12,882
10,105
3,795
135, 252
5,268
39, 410

12, 585
1,544
5, 015
25, 672
935
14, 584

52, 235
40,107
30,940
542, 310
73, 038
180, 601

Total liabilities and
capita] accounts

399,840
331,135
206,198
5, 053, 593
607, 883
1, 681,097

5,407

32, 494

181, 033

433, 250

206, 712

60,335

919, 231

8, 279,746

45,044
82
4,735
945

43, 205
51, 981
33,149
85
2,520
1,250

701,143
74, 978
264, 552
11, 472
28, 943
17, 350

1, 496, 441
92, 036
472, 634
22, 503
41, 224
17, 290

395, 724
23, 604
98,178
6,561
24, 390
9,920

156,943
26, 582
86, 215
7,455
5, 584
2,283

269, 781
954, 728
48,158
107, 396
49, 038

30, 507, 561
2, 580, 451
7, 083,876
327,962
1,147, 412
470,811

51, 406

132,190

1,098, 438

2,142,128

558, 377

285, 062

4, 267, 601

42,118,073

39
2,056
25
371
1,534

5,429
859
3,695
961
801
881
6,330
5,665
5,243
8,864
2,369
6,217
8,484

38, 779
22,068
21,115
8,564
30, 593
22, 253
20,407
9,787
19, 294
80, 285
11, 032
30, 028
28,178

28, 864
17,148
20, 730
5,765
20, 584
17, 023
13, 242
9,340
17,927
59, 811
7,340
25, 630
18, 944

10, 987
6,178
7,458
2,444
7,950
4,349
6,172
28,169
4,438
7,823
10, 681

5,567
2,467
5,469
876
4,971
2,916
2,926
1,605
4,494
9,313
1,276
3,156
2,923

50, 776
58, 582
18, 981
66, 433
47, 422
49, 077
27, 452
53, 066
189,130
26, 455
72, 854
69, 210

795, 958
372, 395
620, 544
209,638
634, 453
541, 297
428,628
246, 486
636, 310
1, 952, 673
249, 343
608, 715
722, 535

262, 348

103, 831

47,959

819,103

8, 018, 975

6,784

55, 798

342, 383

North Dakota
South Dakota
Nebraska
_______
Kansas
Montana
- _
Wyoming ... _ _
_ _ _ _ ._
_ _
Colorado
New Mexico
__ .
_
Oklahoma
Total Western States..
Washington
Oregon
California
Idaho _ _
Utah
Nevada
Arizona

_

26,664
8,838
2,903

3,357

32, 076
16, 079
53,131
21, 272
14,192
15,129
10, 606
31, 793

19, 962
8,249
52, 866
11, 526
13, 798
5,515
5,378
5,479

315, 840
112, 728
430, 781
162,941
122, 386
110, 420
74, 072
162, 723

3, 216, 539
1,154, 450
5, 756, 645
2, 095, 995
1,159, 614
1, 216, 032
815,156
1, 881, 612

68, 965

69, 089

442, 603

194, 278

122, 809

1, 491, 891

17, 296, 043

124

398
586
1,073
2, 718
454
957
1,743
490
1,312

5,132
6,338
20, 608
26, 892
7,786
2,969
12, 403
2,415
27, 252

2,926
3,026
12, 042
17, 368
4,480
2,920
11, 963
1,892
18, 405

1,051
1,903
4,451
8,287
2,599
1,559
7,360
322
10, 287

294
639
2,696
1,422
611
475
3,191
616
2,782

10, 521
13,051
41,291
56, 687
16, 054
8,880
36, 660
5,735
60,038

96,693
120,418
401,830
492, 672
177, 786
86,943
409,187
75, 361
529,930

1,824

9,731

111, 795

75, 022

37, 819

12, 726

248, 917

2, 390,010

1,880
131
43, 405
1,101
493
40
1,190

23. 791
10, 586
165, 454
4,089
8,448
1,145
2,397

16, 670
9,205
152, 056
2,835
5,970
831
2,418

8,941
5,195
60, 721
1,710
2,927
1,436
896

5, 057
3,322
39, 709
1,008
1,410
56
694

57, 002
28, 859
462. 845
10, 743
19, 941
3,508
7,595

730, 876
389, 989
5, 278, 599
120, 358
198, 862
51, 267
107, 780

10, 823
1,562

_.

_ _
_
_ __
_

_ _
_

_ ___
_

92,176
32, 245
146, 613
45, 319
23, 730
38, 688
22, 219
41, 613

720
559
421

_
_

130, 944
42, 971
168, 820
59, 373
49, 988
47, 885
32, 349
76, 759

54,147

_
_
_ _
_

14, 018
4,346
6,448
25, 451
9, 855
1,605
3,520
3,722

663
420
1,500

Ohio ._ .
Indiana _
.
Illinois
Michigan _ _
_
Wisconsin
Minnesota.. _
_ ._
Iowa
Missouri
_
_
__
Total Middle Western States

.

_____
693

___

_ ___
3, 276

Total United States (exclusive of possessions)
Alaska __
_
_ __ _
Canal Zone ( P a n a m a )

________

Guam
_ _ _
_ ._
The Territory of Hawaii
Philippines__
_
__ _
_
_
Puerto Rico
American Samoa
_
_
_
Virgin Islands of the United States___
Total possessions. _ _ _ _ .
_._
Total United States and possessions




..

_ .__

48, 240

215, 910

189, 985

81, 826

51, 256

590, 493

6, 877, 731

122,844

Total Pacific States

347, 418

2, 558, 648

3, 545, 336

1,182, 843

580,147

8, 337, 236

84, 980, 578

960

830

485

164

2,439

35
6,671
7,321
936
6
20

35
1,880
1,169
349
4
15

11
4,109
5,488
991

106
22, 030
41, 624
5, 853
35
235

23, 310
12, 085
714
157, 519
247,156
148, 637
198
1, 705

_

120

25
9,370
27, 571
3,143
25
30

290

195

41,124

15, 819

4,081

10, 813

123,134

347, 613

2, 599, 772

3, 561,155

1,186, 924

590, 960

75
290

50

72, 322
8, 409, 558

591, 324
85, 571, 902

to

o

TABLE N O . 62.—Assets and liabilities of active State (commercial) banksy Dec. SI, 1940 *

to

ASSETS

o

[In thousands of dollars]

Number of
banks

Location

Maine
New Hampshire2
Vermont
Massachusetts.
Rhode Island
Connecticut

_

ObligaBalances premtions of Other Corporate
stocks,
with
States bonds, including Curises
other
and po- notes stocks of rency banks, in- owned,
litical and de- Federal
and
cluding furnisubdicoin
ture
reserve
visions bentures Eeserve
and
balances fixtures
banks

3,334
1,540
2,300
13, 586
8,720
17,065

1,690
529
2,333
21,184
3,645
2,724

13, 774
2,313
8,520
33, 946
16, 949
31,820

46, 54J

32,105

25, 798 1,240
2, 519
220
9,161
1,550
209, 489 12, 451
45, 542 11, 712
144,876 11, 786

437, 385 38, 959 20, 354

236

230,101

107, 322

36,130

268, 211 2, 474, 455 , 465, 566 1,034, 699 526, 426 442, 645
3,
77,185
133,186 186, 897 197, 509
57, 730 61,351
205, 600 480, 704 432, 498 102,316 137, 635 271,308
16, 968 43, 039 39, 68:
11, 343 10, 550 12, 241
33, 624 89, 661 61, 609
11, 066
9,043 19, 974
34,918
33, 244 33, 508
9,191
1,226

104,316
19, 540
86, 777
3, ~
5,804
1,181
221,511

R
692, 507 3, 308, 000 4, 230, 37.1, 226,848 746, 231 832, 544

Total Eastern States.

.-.

Total Southern
States




295, 876 317, 216

184
104
184
128
232
121
152
183
116
389
166
313
226

42, 900 112, 002
26, 432 43, 365
29, 573 123, 422
5,168
14, 427
27, 566 70. 174
11,580 28, 955
11,618 30, 046
14, 984 37, 013
16, 763 42, 670
12, 635 83, 803
25, 677
7,351
40, 102 85, 1.52
21, 726 56, 517

26,138
11.121
56,121
6,447
14, 241
11.326
12, 287
5,831
10, 768
18,471
7,558
27, 210
9,292

268, 398 753. 223 216,811

10, 945
5,274
23, 270
847
4,969
4,535
1, 819
1,990
995
5,031
4,530
5, 633
2.455

12, 235 10,014
5,361
8,453
37, 608 12, 441
9,308
1,401
6,626
4,828
13,194
1,291
11,810
2,584
37, 898
727
33, 282
1, 625
26, 351
3.288
9,820
1,214
12, 735 10, 525
Id, 002 2,209

72, 293 235,322

57, 488

Real
estate
owned
other
than
bank
premises

3,714
3,032
282
1,204
1, 655 1,194
10,137 19, 412
6,182
14,155
5,94' 14, 906

301
13,
377
28
112
13

New York
New Jersey.
Pennsylvania
Delaware
Maryland
District of Columbia
Virginia
West Virginia..
North Carolina
South Carolina
Georgia..
Florida
Alabama
Mississippi
Louisiana
_
_
Texas
_
Arkansas
Kentucky
Tennessee

Securities
U.S.
guaranGovern- teed by
ment
U.S.
securi- Governties, di- ment as
rect ob- to interest
ligations and
principal

9,679
16, 590 25, 785
5,809
3,311
2,061
25, 043
9, 539
5,950
79, 85; 140, 133 169, 324
47, 461 35, 327 70, 255
55, 343 81, 781 59, 947

_

Total New England
States
-----

Other
loans, inLoans cluding
redison real counts
estate
and
overdrafts

45, 690

141, 648 5, 854, 520 166, 369 46, 527
27, 921 328, 296 33, 289 26, 896
53,102 680, 835 63. 250 87, 625
3,249
107, 409 2,120
11, 736 171, 090 8,572 I,'1
58, 095 8,209
2,392
5,037
242, e

1,820 7,804
2, 353 5,666
2,202 13, "
3,343
348
2,182 6,921
6,130
276
3,848
498
6,385
353
1,344 6,169
4.675 8.351
2,708
87
907 6.
5,184
2,093
19,138

2,451
456
2,868
6,796
2,614
5,169

83,131

7,200, 245 281,8

166, 445

Investments
and other Cusassets in- tomers'
directly liability Other
represent- on ac- assets
ing bank ceptpremises ances
or other
real estate
250
13
178
2,012
5,396
225

1,031
2

215
47
306
1,866
79f
499

8,074

1,098

3,725 1, 620, 580

42, 532 34, 461 89,129 19,315,330
1,074
1,047
20
1
36
391
389
70
3,665
20
5
157

904, 221 47, 683 21,993

7,261

7,941
3, 537
6,443
638
5,010
lf""
2,956
2,356
4,292
1,289
5.039
4,577

107, 552
20, 304
70, 597
720,256
269, 781
432,090

22, 802 33, 973 62, 825 14, 644, 982
5,634 1,157,183
169
1,580
309 16, 725 2, 633, 503
14, 819
252, 713
411
709
3, 053 427, 503
352
10
199, 446
481
2,270

2,122
3,062
1,588
411
3,857
857
1,524
1,062
859
1,159
419
2,775
2,298

81, 757
54, 981
166, 497
28, 906
78,103
49, 068
47, 014
53, 712
72, 329
88, 660
45, 217
81, 710
56, 267

Total
assets

3
"380

264
665

1,201
835
2,428
127
628
787
751
912
3,244
295
347
6, 663
796

317, 956
171, 487
475, 827
71,372
225,144
130,330
125,857
163, 893
196,074
257, 011
106, 222
285, 402
180,066

19,014 2, 706, 641

Ohio

Indiana
Illinois
Michigan...
Wisconsin..
Minnesota..
Iowa
Missouri3..
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)

438
363
503
367
465
488
544:
540
3, 708

236,216
80, 216
67,186
125. 699
76, 208
37, 324
79, 333
87, 754

313,368! 250, 811
95, 983
69,816
249, 199 227, 143
166,912 146, 794
113, 723
54, 349
78, 744
32,314
159,186
47, 852
222,!
144, 320

87,665
23,
75, 733
51, 052
14, 688
9,105
13, 291
56, 863

74. 842 63, 314
18, 900 25, 378
156,496 122, 314
73,511
36, 361
36, 788 54, 640
19, 844
8,783
29, 043 14, 048
64, 605 45, 379

8,431
3,012
1,541
1,237
990
50
310
28, 493

973, 399

1,362
3,262
4,943
17, 926
3,735
2,302
3,283
809
2,196

18.1
18, 273
34, 538
76.121
22, 348
6,933
20, 866
4,674
22, 773

3,987
4,443
10. 532
22, 424
11, 846
1,466
5,836
1,585
5,199

689
1,042
2,205
8,485
4,284
680
2,056
442
1,351

2,119
5, 296
3,277
15, 533
4,524
1,005
4,978
913
11, 397

716
911
1,220
1,467
2,149
190
3,313
235
119

40
44
23
453
154
19
95
50
19

1,375

19, 818

225. 42'

67,318

21, 234

49, 042

10, 320

46
4 128
32
47
5

12,188
4,361
364, 399
5.226
17, 755
565
5, 703

20,132
7,059
242. 586
15,275
25, 301
850
5,027

410,197

316,

9,292
5, 043
373, 583
7,633
13, 952
724
4,907
415,134

1,712
6.663
1,000
5, 095
29, 258 135, 960
6,366
3.236
3,184
5,855
65
330
2, 835
42, 583 159, c

2,124
1,307
55, 434
1,165
2,290
79
468
62, 86'

230

9,141 2, 430, 957 6, 298, 704 6, 220,

253

331, 683 474,029

370, 217

1, 741,186 1, 696, 712 440, 758
1,

542, 500
153, 842
544, 417
305, 584
136, 979
59, 956
145, 530
346, 498

636
1,177
1,434
1, 449
3
904
969

29. 253
8,893
12, 564
15,155
8,246
3,576
4,942
12, 012

44, 064 162, 486 2, 235, 306 94, 641 36. 626

951

115
124
284
482
69
32
68
19
182

789, 936 1, 399,

44, 252
15, 907
25, 612
26, 235
11,925
5,868
18.074
14, 613

7
107

10,673 1, 679, 843
614 501,928 •
5,442 1,492,493
2,045 953,951
1,426 514,719
257,063
536
513,868
202
2,364 1,032, 362

10,265

322

23, 302 6,946, 227

2
180
25
1

3^956
1,714
583
2,001
606
1,798

6,452
13, 641
29, 344
53, 259
26,117
11,118
30, 098
7, 037
22, 299

682
809
1,147
3,174
909
363
895
155
526

432
252
161
732
183
31
177
30
31

2
20
1
455
1
1

70
59
151
466
284^
2
142
2
134

89-

14, 849

199, 365

8,660

2,029

483

1, 310!

11
4,562
80
388
4
51
5,180

2,011
1,001
18,175
1, 505
1,659
162
1,125
25, 638

25, 422 1,105
10, 291
331
325,211 25,411
15,818
739
34, 999
808
1,123
57
9,422
285
422, 286
736

75
191
14,150
40
139
7
364
14, 966

12
19
77
5
268

2,463

382

2,463

80, 895
75^
35, 768
59
4,524 1, 595, 802
57, 336
248
106, 748
150
3,973
7
31,356
170
1,911,878
5,233

1,048
1,160

326, 920 574, 487 11, 398, 808 500, 488 262, 413

36, 497
49, 212
89, 525
204, 451
78, 248
24,693
73, 745
16, 539
67, 844
640,

754

18, 99 < 39, 014 141, 713 33,141, 410

13. 094
Alaska
13
4,033
259
153
1,400
3,097
1,526
1,436
970
153
«2
10, 363
12,085
Canal Zone (Panama)2
386
213
23
73
1,027
1
19
714
Guam
85
282
33
2
225
13
53
11
96,042
The Territory of Hawaii14, 096
19,136
260
8,101
6, 085
20, 255 2,095
19, 686
439
4,480
519
« 18
Philippines 2
27, 245
96, 295
35, 504 2,791
3,694
8,073
3,745
233 7 41, 261 247,156
735 24, 589
637
Puerto Rico
4,449
36, 319
2,712
9,736
41, 926 1,261
"ii
381
8 12
740
8,144 42, 250 148, 198
17
American Samoa
35
45
31
1
41
20
1
58
47, 275 155, 550
27, 888
530
16,914
10,169
1,327 42,480! 101,995 6,432
8,377 94, 323 517, 926
Total possessions
Total United States
and possessions
K199 2, 478, 232 6, 454, 254 6, 248,141 1, 741, 716 1, 713, 626 1, 450, 927
328, 247 616.967 11, 500, 803! 506,920 267,078!
68,998 47,3911 236,036 33,659,336
8
1 Includes loan and trust companies and stock savings banks.
Includes 2 American national banks having branches in Puerto Rico.
2 June 29, 1940.
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
s
4 Nov. 12, 1940.
Insurance Corporation in its call made as of Dec. 31,1940, on nonmember insured banks,
Includes trust companies and other financial institutions without deposits.
have been used in this table in instances where the various items of assets and liabilities
* Branches of 2 American national banks.
were not available direct from State banking departments.
«Includes branch of an American national bank.
7

Includes trust assets.




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^1

to

TABLE NO. 62.—Assets and liabilities of active State (commercial) banks, Dec. 31, 1940—Continued
LIABILITIES
[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
Tennesseee
Total Southern States




Demand
Time de- U. S. Governdeposits of
posits of
ment and
individuals, individuals,
postal
partnerships, partnerships,
savings
and corpoand corpodeposits
rations
rations

28,816
3,319
9,643
365, 418
66,891
210, 675

52,999
12, 725
44, 292
158, 986
142,307
120, 594

1,123
148
11,062
498
2,020

Deposits
of States
and
political
subdivisions

7,258
833
2,066
22,536
8,214
21,256

Deposits
of banks

806
159
200
53,831
3,285
22, 011

Other
deposits i

838
59
252
9,842
2,282
3,038

Total
deposits

91,840
17,095
56,601
621, 675
223,477
379, 594

Bills payable, re- Acceptances
discounts,
executed
and other
b y or for
liabilities
account of
for borreporting
rowed
banks
money
169
41
450
257

153
1,145
2

Other
liabilities

188
116
124
2,647
2,555
1,688

Total
liabilities,
excluding
capital
accounts

92,197
17, 252
56, 725
624, 475
227, 627
381, 541

684, 762

531,903

14,851

62,163

80, 292

16,311

1,390, 282

917

1,300

7, 318

1,399,817

7,920,435
418,045
1,148,391
169,876
201, 935
95, 217

1, 220, 470
478, 650
708, 229
32, 545
110, 212
70,025

134,137
9,791
28,482
846
11, 349
573

436,614
92,401
97,512
4,945
20,097
6

3,138, 889
24,137
166,151
3,475
31, 361
2,926

308, 202
7,615
17,413
4,662
1,928
1,975

13,158,747
1, 030, 639
2,166,178
216, 349
376,882
170,722

5,986
1,262
966

40, 560
169
309

102, 688
6,441
11,573
877
1,851
1,418

13,307, 981
1,038,511
2,179, 026
217, 226
378, 743
172,140

9,953,899

2, 620,131

185,178

651, 575

3, 366, 939

341, 795

17,119, 517

8,214

41,048

124,848

17, 293, 627

98, 727
63, 503
163, 250
38,081
95, 282
64, 520
53,060
69, 772
85, 353
159, 427
54, 371
124,767
71, 704

123,848
60,068
86,403
15,384
56, 647
30, 787
32,155
45, 694
42,968
24, 630
19,832
72,016
59, 527

2,880
957
5,704
231
3,279
731
1,534
1,603
3,548
2,120
707
2,790
3,135

17, 780
10,781
41,466
8,546
14, 624
14, 832
11, 578
18, 549
31,161
27, 477
10, 220
22,452
13, 602

30, 501
6,633
123,815
663
20,396
2,415
11,342
7,411
9,831
7,311
7,346
13,059
7,025

2,815
2,047
6,505
319
1,566
1,001
451
1,084
997
2,267
882
1,573
1,243

276, 551
143, 989
427,143
63, 224
191,794
114,286
110,120
144,113
173,858
223, 232
93, 358
236,657
156, 236

16
194
385
5
223
83
76
35
90
180
68
464
23

3

6
264

4,336
433
3,970
155
1,788
386
533
579
865
519
299
6,904
1,538

280, 906
144, 616
431,878
63,384
193,808
114, 759
110, 729
144,727
174,819
223,931
93, 725
244,031
158,061

1,141,817

669, 959

29, 219

243, 068

247, 748

22, 750

2,354,561

1,842

666

22,305

2,379,374

10

380
3
4
6

OhioIndiana
Illinois
Michigan
Wisconsin
M innesota
Iowa
Missouri

_

... .

...

Total Middle Western States.
North Dakota
South Dakota
Nebraska
Kansas
M ontana
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

686, 999
195, 581
756,165
295, 558
160, 917
77, 330
212, 031
460,004

629, 591
176, 228
402, 697
451, 431
252,099
122,828
177,159
199,472

17,966
3,980
2,202
5,101
2,370
1,568
1,951
10,187

80, 475
57, 743
43, 797
82, 273
20,102
20, 792
58, 090
39,016

84, 534
8,449
150,756
17,100
10, 770
2,243
9,248
206,042

11,363
4,261
12,081
9,434
5,118
2,799
5,775
4,391

1, 510, 928
446, 242
1,367, 698
860,897
451, 376
227, 560
464, 254
919,112

10
26
4,171

7
107

2,844, 585

2,411, 505

45,325

402, 288

489,142

55, 222

6, 248, 067

4,423

400

18, 273
19,846
48,126
90,149
36, 780
10, 967
35,852
9,423
35, 927

10,489
12, 528
19, 984
42,448
17,533
7,590
21,873
3,037
11,375

71
303
182
1,933
331
65
58
58
189

2,292
9,428
7,609
37, 398
9,286
2,626
4,917
2,371
9,933

452
453
719
2,690
5,858
417
2,167
9
1,044

313
290
473
1,306
929
174
842
130
956

31, 890
42,848
77, 093
175, 924
70, 717
21, 839
65, 709
15, 028
59, 424

305,343

146,857

3,190

85,860

13, 809

5,413

560,472

31, 656
13,821
428, 232
24,792
32,826
1,460
11,628

33,333
15, 081
805,301
15,219
41, 970
1,221
13, 869

337
90
7,887
353
100
6
24

4,949
2,569
32, 328
9,186
11, 076
843
2,908

925
189
7^950
10
159

548
140
30,715
420
827
30
356

71,748
31,890
1, 399,852
51, 614
94, 749
3,570
28, 944

544,415

925, 994

8, 797

63,859

126, 266

13, 036

15, 474,821

7, 306, 349

286, 560

1, 508,813

4, 324,196

5,047
2,750
69
28,729
37, 215
45,146
45

4, 906
2,940
330
43, 225
68, 245
22, 776
95

206
f>,190

909

445
135

119, 001

142, 517

15, 593,822

7,448,866

ii.c QfiQ

163
16
37

260
25
1

37
17
286
5

340

5

5, 756
1,166
5,373
6,328
919
738
948
5,701
26,929

6,279,819

54
41
76
416
159
56
474
6
152

31,944
42, 926
77,186
176, 626
70,876
21,895
66,188
15, 034
59, 576

1,434

562, 251

536
56
52, 354
323
203
2
67

72, 284
31, 946
1,455,834
51, 937
94, 952
3,572
29, Oil

486

3,142

1, 682, 367

486

3,142

53, 541

1,739, 536

454, 527 29,355, 266

16, 222

46, 561

236, 375

29, 654,424
11, 574
12,085
608
81, 010
205, 532
142, 784
163

3,701
986
2

233
9,119

2
35
20
291
2 54, 576
3,816

56
7,125
17, 758
43, 606
18

1,372
21,359
7,822

161
2,445
3,837
3

11 572
12, 050
455
80, 719
147, 022
128, 863
161

12,179

69, 472

31,133

6,540

380,842-

4,822

9,352

58,740

453,756

298,739

1, 578,285

461, 067 29, 736,108

21,044

55, 913

295,115

30,108,180

107
5,676

4, 355, 329

59
35

133

1 Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
2
Includes trust liabilities.




1,516,847
447, 424
1,373, 368
867, 250
452,296
228, 308
465, 235
929, 091

to

3

TABLE N O . 62.—Assets and liabilities of active State (commercial) banks, De& 81, 1940—Continued
CAPITAL ACCOUNTS
[In thousands of dollars]

Capital
notes and
debentures

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




Preferred
stock

Common
stock

Surplus

Undivided
profits

2,504

Reserves and
retirement
Total liabiliaccount for
preferred stock Total capital ties and capiaccounts
and capital
tal accounts
notes and
debentures

3,813
325
6.171
6,328
1,110
2,754

4,178
902
2,650
31,307
12, 270
19,392

3,207
i 1,022
1,120
* 37, 225
i 25 870
16,508

1,666
11,317
2,186
7,007

1,653
204
2,265
9.604
718
4,888

15,355
3,052
13, 872
95, 781
42, 154
50, 549

107,552
20,304
70, 597
720, 256
269, 781
432,090

20,501

70,699

84, 952

25, 279

19,332

220, 763

1,620, 580

23,650
30,234
18,190

636,366
29, 875
232, 548
18 872
16, 262
10, 345

148,785
10, 659
36, 848
5 860
6,142
4,705

45.401
9,514
54, 608
867
3,769
1,411

1,337,001
118, 672
454, 477
35, 487
48, 760
27, 306

14,644.982
1,157,183
2,633, 503
252, 713
427. 503
199, 446

599

82
4, 735
945

110
250

437, 755
38, 390
112, 283
9,806
17, 742
9,650

50, 806

72, 434

625, 626

944, 268

212, 999

115,570

2, 021, 703

19, 315, 330

39
2,056
25
371
1,534

4,303

1,564
4,068
2,939

15,181
11, 502
14, 700
3,568
14, 073
7,156
5,740
6,777
8,468
16, 798
5, 566
18, 768
9,990

10, 841
8,789
15, 630
2,690
10, 273
5,535
3, 750
6,367
6,923
8*, 426
2 819
12,411
4,834

3,896
3,042
5, 711
1,014
3,551
1 357
2,554
567
1,915
3,596
1 849
4,177
3,125

2,790
1,482
4,498
313
1,905
955
813
1,250
1,791
1.572
699
1,947
1,117

37, 050
26, 871
43, 949
7,988
31,336
15, 571
15.128
19,166
21. 255
33. 080
12, 497
41,371
22, 005

317, 956
171,487
475,827
71. 372
225,144
130, 330
125, 857
163,893
196, 074
257.011
106, 222
285, 402
180,066

25, 422

138, 287

99, 288

36, 354

21,132

327, 267

2, 706, 641

45,044

._

_ _ _

I

61
10
2,688

6,784

3,385
32
568
2,271
4,144
2,148

3
o

Ohio...
.
Indiana
Illinois —
Michigan
Wisconsin . .
Minnesota
Iowa
Missouri-- _ . . .

.

....

... _ __ .

_ .

.

.

.

.

__

_

-

-

8,668
3,166
22, 384
5,820
7,070
1,901
3,762
3,920

162,996
54, 504
119,125
86, 701
62, 423
28, 755
48, 633
103, 271

1,679,843
501,928
1,492, 493
953.951
514, 719
257, 063
513,868
1,032, 362

^
W
£

2,494
1,469
16,181

285. 431

166, 407

88,876

56, 691

666. 408

6,946, 227

35
305
1,528
223
554
573
209
56

2,253
3.157
6,933
13,096
3,496
819
2,701
616
4,234

1,037
1,151
2,801
8 925
2,154
976
2,480
402
2,498

381
1,140
1, 503
3,715
1,028
235
1,398
59
1,301

127
279
376
561
347
214
405
219
179

4,553
6,286
12, 339
27, 825
7,372
2,798
7,557
1,505
8,268

36.497
49,212
89,525
204.451
78, 248
24,693.
73,745
16,539
67,844

3,483

37. 305

22, 424

10, 760

2,707

78, 503

640.754

3,514
1.787
50. 651
2,121
5,218
197
1,072

2 451
795
40,434
1.536
3, 453
90
1,127

1 550
667
24 127
714
1,712
82
124

458
153
9,863
689
620
4
22

8, 611
3.822
139, 968
5.399
11, 796
401
2,345

80.895

§

35,768
1, 595. 802
57,336
106,748
3.973
31,356

J
M
O
ir1
F1
H

124

. .

.

__

.
.

..

Washington..
Oreeon
.
California
Idaho._
Utah
Nevada
._
Arizona

1,824

.
.

.

.

638
420
1,500
693

11,938
188

13, 393
339
100
28

2

H
o

M
yq
hj
Q
O

3,251

Alaska
Canal Zone (Panama)
Guam
The Territory of HawaiiPhilippines
Puerto Rico
American Samoa

64, 560

49, 886

28, 976

11, 809

172, 342

1,911.878

o

151.881

1, 221, 908

], 367, 225

403, 244

227, 241

3, 486, 986

33,141.410

^

660

Total United States (exclusive of possessions)

13. 860

115,487

Total Pacific States

Total possessions

14,875
6,820
21, 352
8,908
6,479
4,228
7,236
18, 978

3,357

25, 517
8,838
2,903
10, 645
1,562

.

Total Western States

43,102
13,141
30, 056
23, 721
10,585
7,438
13, 899
24, 465

70,742
22, 539
42. 430
36, 314
27,456
13, 626
21, 242
51, 082

720
559
421

..

Total Middle Western States
North D a k o t a . . .
South Dakota
Nebraska
Kansas
Montana- -Wyoming
Colorado . . .
New Mexico
Oklahoma

92

52, 822

.

325

421

114

1,520

35
4,701
7, 321
936
6

35
1,686
1,169
493
4

11
2,625
5,488
991

106
15, 032
41,624
5,853
35

13,094
12,085
714
96,042
247,156
148,637
198

S
H

25
6,020
27, 571
3,143
25

-.
2
S
g

75
290
290

...

Total United States and possessions

H

..

75

37, 444

13,324

3,808

9,229

64,170

517,926

[|

115, 777

151, 956

1, 259, 352

1, 380, 549

407,052

236, 470

3, 551,156

33,659, 336

^

1 Includes g u a r a n t y fund.




to
Cn

TABLE N O . 63.—Assets and liabilities of active mutual savings banks, Dec. 81, 1940
ASSETS
[In thousands of dollars]

Location

Maine
New Hampshire 12_ _Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States._.
New York 4 - . N*ew Jersey . _ - _.
Pennsylvania
Delaware
Maryland
Total Eastern
States
Ohio
-Indiana
. _.
Wisconsin
Minnesota. ..
Total Middle
Western
States
Washington
Oregon
Total Pacific
States
Total United
States

Securities
Other
U.S.
loans, in- Govern- guaranNum- Loans on cluding ment se- teed Sb y
U. .
redisber
real
counts curities, Governof
estate
direct
ment as
and
banks
obliga- ;o interest
overtions
and
drafts
principal

26,488
60,889
28, 631
958,144
46,411
334, 510

1,474
6,036
2,314
28,135
11,116
6,141

46,248
21,321
13,260
673, 229
37, 043
155,136

356 1, 455, 073

55, 216

32
43
8
192
9
72

1,622
16, 814
2,051
38, 957
13, 529
17,153

Obligations of
States
and
political
subdivisions

5, 515
7,575
1,016
75, 536
2,434
18,199

to

Other
bonds,
notes
and
debentures

Investments
Bank
and
Real
Balances prem- estate
other
with
ises
owned assets inCurCorpo- rency
other
rate
banks, owned, other directly
reprethan
and
stocks coin including furniture
senting
bank
reserve
and
bank
prembalances fixtures ises
premises
or other
real estate

37, 642
56, 385
3,534
312, 377
38, 763
129, 792

3,577
15, 332
1, 662
52, 060
20,682
37, 490

1,040
1,139
523
3 9, 690
2,045
7,004

19,935
21,887
2,889
90, 233
18, 364
77,199

1,044
2,070
782
19, 770
1,082
6,150

578, 493 130, 803

3,645
7,015
3, 919
130,113
2,352
42,168

3,763

Customers'
liabil- Other
ity on assets
acceptances

Total
assets

304
108
8,502
332
6,968

148,291
216, 767
64,452
2, 396, 746
194,153
837, 910

61

946, 237

90,126

21, 441

230, 507

30, 898

189, 212

3,824

16, 214

3,858, 319

134 3, 063, 986
24
124, 071
7
86, 903
2
12, 788
12
31, 903

2,870 1, 506,183
781
55,680
776
157,161
69
1,419
6,417
91, 326

228, 252
14, 419
32, 853
848
13, 519

334, 504
344, 886
56, 785
42, 592
74, 586
208, 579
1,757 , 29,569
1, 631
6,006

9, 355
40
8
175
55, 667

37, 879
2,511
1, 315
34
1,086

503,192
26,107
70, 408
2,448
41, 502

72, 004
5,376
9,825
745
1, 551

296, 771
35, 312
22, 895
323
4,212

6,521
567
489

56, 547
1,022
2,648
128

6,462, 950
365, 263
668, 446
50,175
254, 948

179 3, 319, 651

10, 913 1,811,769

289,891

469,263

631, 632

65, 245

42,825

643,657

89, 501

359, 513

7,577

60,345

7, 801, 782

4,498
389
172
133

8,730
4,635
773
5,272

1,073
82
87

3,947
523
19
446

46
64
16
1,018

262
1

136,169
23,164
5,620
72, 996

1,144

263

237, 949

425

79, 835
3,025

425

82, 860

110,275

3
4
4
1

24, 681
9,917
2,171
17, 634

31, 835
837
47
75

21, 695
3,481
256
15, 412

9,104
669
450
4,060

5,543
2,021
1,204
11,807

24, 755
546
415
17,138

10

12

54, 403

32, 794

40, 844

14, 283

20, 575

42, 854

10

5,192

19, 410

1,242

4,935

3
1

27, 904
2,142

359

22,908
168

7,528

7,238
372

8,104
47

418

4,549
249

305
1

97
22

17

4

30, 046

359

23,076

7,528

7,610

8,151

425

4,798

306

119

17

99, 282 2, 821, 926

401, 828

69, 883

898, 372

121, 947

553, 779

12, 562

551 4, 859,173

1 June 29, 1940.
2

Includes business of 9 guaranty banks.
3 Includes cash items.




607, 723 1, 261,130 196, 058

77, 247 11, 980, 910

* 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.

LIABILITIES AND CAPITAL ACCOUNTS
[In thousands of dollars]
Capital Accounts

Liabilities

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England
States.
New York
New Jersey
Pennsylvania
Delaware
M^ar viand
Total Eastern States
Ohio
Indiana _ . . . _ .._ _
Wisconsin
Minnesota ___
Total Middle Western States . . . . .
Washington
Oregon . _ .
Total Pacific States.
Total United States.

Demand
deposits
of individuals,
partnerships,
and corporations

93

Time
U. S.
deposits Govern- Deposits of
of indi- ment
States Deposviduals,
and
partner- postal and po- its of
ships,
savings litical banks
and cor- depos- subdivisions
poraits
tions
129,673
194,187
56, 851
2,151, 554
178,475
749,082

93 3, 459,822
5, 687,786
323, 085
• 620,133
42, 700
199 227,467

1

1

552

24

79
121
200

2

3,460, 492
5, 687, 786
323, 085
61 620,194
42, 779
227 787

2

80

384

80

392

92

1

1,136

77,510
453 10, 658,292

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).




7,163 3, 467, 657

1,354
1,005
40

218, 659
74,665
2,845

92
196

56
129,731
136
194, 323
353
57, 715
2,893 2,154, 447
1,635
180, 269
2,090
751,172

15,053 6, 916,684
126, 744
1,250
20, 230
16
4,951
68, 088
88

359
33

74, 665
2,753

Acceptances
Total liaexecuted Other bilities, Capital
notes
by or for liabili- exclud- and deaccount
ing capibenties
of retal actures
porting
counts
banks

13,109 5, 700,895
323, 816
731
620, 761
567
42, 780
1
228, 432
645

61 6,901, 631
125,494
20, 230
4,935
68, 000

370
14

217, 233

77,418
862 10,655,644

129,673
194,187
57,362
2,151, 554
178,634
749, 082

24

159

199 6,901,171
8 125,127
19,185
562
4,921
68, 000
570

393

Other
deposits i

Bills
payable,
rediscounts,
Total
and
deposits
other
liabilities
for borrowed
money

2

220, 013
75, 670
2,885

1,045
78,555
24, 615 10, 682, 909

2 Includes guaranty fund.
Includes reserves.

3

Surplus

Undivided
profits

Total
Reserves
liabiliand retirement Total ties and
account capital capital
accounts
acfor capital notes counts
and debentures

7,210
2 15,142
6,643
183
496
2146, 203 93, 475
2 12, 550 3 1, 334
51,462 27,708

10,109 18, 560 148, 291
659 22, 444 216, 767
6,737
64,452
1,892
2,621 242, 299 2,396, 746
13, 884 194,153
7,568 86, 738 837,910

5,407 225, 540 136, 866
521,131 158,654
600 32, 586
45, 773
882
1,000
94
2 13, 758 3 12, 758

22, 849 390, 662 3. 858,319
82, 270 762, 055 6, 462, 950
8,261 41, 447 365, 263
1,030 47,685 668,446
50,175
7,395
6,301
26, 516 254, 948

600 614, 248 172, 388
6,683
947
2,526
165
43
374
178
854
4,000

97,862 885,098 7. 801, 782
9,425 136,169
648
23,164
2,934
243
74
5,620
669
54
72,996
4,908

1,241
4,166

1,147

1,325
25

13, 583
2 3,875
2 72

2,009
260
60

3,947
25
320
7,357 857, 318 311, 583

1,019
5
8

17,936
4,165
140

237, 949
79, 835
3,025

4,305
13
82.860
121, 743 1,298,001 11,980,910

to

TABLE N O . 64.—Assets and liabilities of adtive private banks, Dec. 31, 1940
00

ASSETS
[In thousands of dollars]

Location

Num- Loans
ber of on real
banks estate

Connecticut
New York
New Jersey . 2- _
Pennsylvania
Total Eastern States.
South Carolina
Ohio

Indiana
Total Middle Western
States..
_
Kansas
Total United States..

Other
loans, including
rediscounts
and overdrafts

U.S.
Government securities,
direct obligations

Securities
Obligaguaranteed b y
tions of
U . S.
States
Governand
ment as political
to interest subdiviand
sions
principal

104

11

57

132

11

411

13

1,202

768
5
563

37, 410
2
5, 575

123

7,679

91

280

20
40
404

27

911

5,257
6
1,060

2, 045

600

9,575

9,817

6,323

1,336

42, 987

403

464

27

9,724

691

9

2

54

299

91
102

9

104
159

735
1,816

58
47

87
62

1

137

162
261

3,754
5,002

137

423

193

9

263

2,551

105

149

1

5

6

3

1,715

45, 975

522

4,148

867

851

42, 737

59, 353

2,227

1

4

760

13
15

709
610

1,474
1,267

333
532

28

1,319

2,741

865

1,360

2
60, 218

2,364

10,162

1 Excludes private b a n k s which do not report to State banking departments.
2 Includes figures for 1 branch of a N e w York b a n k .




o
o

186, 515

49

4,138

23

55, 205

1

162, 532
69
23, 914

38, 599

46, 408

Total
assets

7,262
6
2,549

168

67
10
774

2,354

Other
assets

115

180

7
1
15

1

Currency
and
coin

Investments
and other
Cusassets indirectly tomers'
repre- liability
on
senting
acceptbank
ances
premises
or other
real estate

8,664

3

56

Other
bonds Corponotes
rate
and de- stocks
bentures

Real
Balances
Bank
estate
with
premises owned
other
other
banks,in- owned,
than
cluding furniture
and fixbank
reserve
premises
balances tures

10,123

6, 345

1,205

28

8,756
16

1,052

27

9,724

705

197,694

W
O
*4

LIABILITIES AND CAPITAL ACCOUNTS
[In thousands of dollars]
438775—42

Capital accounts

Liabilities

1

19
Connecticut
New York
New Jersey
Pennsylvania
Total Eastern
States
South Carolina
Ohio
Indiana
Total Middle
Western States.
Kansas
_
_
Total United
States

Demand
deposits
of individuals,
partnerships,
and corporations

Time
deposits
of individuals,
partnerships,
and corporations

Bills

U.S.

payable,
redisGovern- Deposits Dement of States posits Other Total counts,
and
and
de- deposits and other
or posits i
liabilities
postal political
subfor borsavings divisions banks
rowed
deposits
money

496

293

88,419

57

39,059

8,654

4,298
8
6,107

464

3,321

97,073

10,413

521

42,380

600

104

73

1,314
2,644

1,567
1,032

3,958

2,599

Undivided
profits

15

83

223
773
4
323

19, 542
61
2,618

1,100

22, 221

186, 515

979

8,129

1,250

80

2,242

II

142,990
8
21, 296

5,500 13, 263
57
2 2, 295

830

10,371

1,261

164, 294

7,795 13,320

57

1,028 132,861
8
417 18, 963

750

1,445

151,832

1

778

778

400

224
843

8
6

3,113
4,525

1

3,113
4,526

294
216

212
203

133
56

1,067

14

7,638

1

7,639

510

415

189

1

10

5

1

13,409

1,661

42,380

1,483

161,061

887

s

162, 532
69
23, 914

6

SI

1,202

6

125

110

812

23

1
102,128

Total
liabilities and
Total
Re- capital capital
acserves ac- counts
counts

AcceptTotal
ances exliabilecuted by Other ities, exCapital Suror for
account liabil- cluding stock plus
ities capital
of reacporting
counts
banks

10,371

1,372

173, 691

27

8,840 13, 755

1,205

2
1

641
476

3

1,117

I

8,756
16

24, 003

§

3,754
5,002

15
305

427

3

197, 694

1,103

1

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.




to
CO

TABLE NO. 65.—Assets and liabilities of all active banks other than national, Dec. SI, 1940 (includes State (commercial), mutual savings, and
private banks) x
ASSETS
[In thousands of dollars]

Location

Other
loans,
includNum- Loans ing redisber of on real
banks estate counts
and
overdrafts

Securities guarGovern- anteed
ment by U. S.
securi- Government
ties,
as to
direct
obliga- interest
and
tions
principal
U. S.

Maine
New Hampshire ^
Vermont
Massachusetts
Rhode Island .
_. _ _
Connecticut
._
Total New England
States

63
43,078
66, 698
55
41
53, 674
263 1, 037, 999
23
93, 872
150 390,033

27, 259
9,347
11,853
168, 268
46, 443
88,090

55,927
23,382
19, 210
842, 553
107, 298
215,083

4,956
18,354
4,351
52, 543
22, 249
34, 218

595 1, 685, 354

351, 260 1, 263, 453

136,671

New York
New Jersey
Pennsylvania
.. ._ .
Delaware
Maryland
District of Columbia
Total Eastern States..

442 3, 332, 264 2, 515, 924 5,026, 954 1, 264, 311
72,149
160 257, 267 187,678 253,189
136,036
399 293, 277 485, 618 593, 807
12,191
41,104
43,108
29 756
30
24, 585
96,078 152, 935
124
65, 527
9,694
33,508
33, 244
13
34, 918

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
.
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States.




Obligations of
States
and
political
subdivisions

Corporate
Other stocks,
bonds, includ- Curing
notes
rency
stocks and
and
deben- of Fed- coin
eral
tures
Reserve
banks

Balances
with
other
banks,
including
reserve
balances

Investments
Bank Real
prem- estate and other Cusises owned assets in- tomers'
owned other directly liabil- Other
repre- ity on assets
furni- than
ture
bank senting acceptbank
and
fix- prem- premises ances
ises or other
tures
real estate

Total
assets

6,609
16, 536
3,317
62,197
34, 837
43, 448

4,754
1,421
1, 717
29,102
8, 227
21, 967

45, 733
24, 406
12,050
299, 722
63, 906
222, 207

2,284
6,096
2,290
7,471
2,332
6, 787
32, 221 136, 909
4,966
12, 794
17, 947 47, 748

142, 495

685, 919 166, 944

67,188

668,024

69, 868 209, 977

11,898

869, 594
118,136
213,132
12,307
10,674
1,226

794, 793 118, 928 180, 295 6, 395,122 238, 496 343, 318
119, 783 19, 586 30, 437
354, 405 38, 665 62, 248
482, 436 87,845 54, 980
756, 818 73,355 110,924
3,283
4,068
41, 810
109, 857
2,865
1,419
212, 592 10,123
25, 980 61,471 12, 822
6,121
5,037
1,181
9,191
2,392
58,095
8,209

29, 350
2,147
15,308
709
352
2,270

41, 652 119, 463 21, 270,464
169
6,656 1, 522, 515
2,354 19,973 3,325,863
411
302, 888
682,451
10
3,181
481
199, 446

1,168 4, 013,009 3, 361, 650 6,101, 497 1, 518, 966 1, 225,069 1, 473, 993 293,079 286,854 7, 886, 889 371, 713 526,422

50,136

44,185 150,165 27,303,627

184
104
184
129
232
121
152
183
116
389
166
313
226
2,499

42, 900
26, 432
29, 573
5,172
27, 566
11, 580
11,618
14, 984
16, 763
12, 635
7,351
40,102
21, 726
268, 402

112,002
43, 365
123, 422
15,187
70,174
28, 955
30,046
37,013
42, 670
83, 803
25,677
85,152
56, 517
753, 983

26,138
11,121
56,121
6,447
14, 241
11,326
12, 287
5,831
10, 768
18,471
--7,558
27, 210
9,292
216,811

10, 945
5,274
23, 270
847
4,969
4,535
1,819
1, 990
995
5,031
4,530
5,633
2,455
72, 293

7,205
8,104
3.349
96, 720
6,079
21,038

12, 235
8, 458
37,608
9,357
6,626
13,194
11,810
37,898
33, 282
26, 351
9,820
12, 735
16,002
235,371

51,416
58, 698
12,054
346, 323
55, 712
161, 716

10, 014
5,361
12, 441
1,410
4,828
1,291
2,584
727
1,625
3,268
1, 214
10, 525
• 2,209
57, 497

311
13
3,941
2,012
5,396
225

1,820
2,353
2,202
350
2,182
276
498
353
1,344
4,675
87
907
2,093

7,804
5,666
13,834
3,397
6,921
6,130
3,848
6,385
6,169
8,351
2,708
6,788
5,184

81, 757
54, 981
166, 497
29, 205
78,103
49,068
47,014
53, 712
72, 329
88, 660
45, 217
81, 710
56, 267

7,941
3,537
6,443
638
5,010
1,936
1,669
2. 956
2,356
4,292
1,289
5,039
4,577

2,122
3,062
1,588
439
3,857
857
1,524
1,062
859
1,159
419
2,775
2,298

1,074
1,047
20
1
36
391
389
70
3,665
20
5
157
386

19,140

:

904, 520

47, 683

22,021

7,261

83,185

65
1,031
2

255,843
215
237,071
351
135,049
414
10,368 3,117,002
463, 934
1,124
7,480 1, 271,202

1,098

19, 952 5, 480,101

3
380
3
4
5
6
264
665

1,201
835
2,428
127
628
787
751
912
3,244
295
347
6,663
796

317, 956
171,487
475,827
72, 577
225,144
130,330
125,857
163,893
196,074
257,011
106,222
285,402
180,066

19,014 2, 707,846

261, 606
90, 743
67,186
125, 699
78, 379
54, 958
79, 333
87, 754

Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

346, 677 272,539
,087
73, 829
249,199 227,143
166, 912 146, 794
113, 770 54, 605
78, 819 47, 726
159,186
47, 852
222. 836 144, 320

96, 769
24,092
75, 733
51,052
15,138
13,165
13, 291
56,863

,547
21,182
156, 496
73, 511
37, 992
31, 651
29,043
64, 605

88,160
26,026
122, 314
36, 361
55, 055
25, 921
14,048
45, 379

2,119
5,296
3,277
15, 533
4,524
1,005
4,978
913
11, 397

716
911
1,220
1,467
2,149
190
3,313
235
119

13, 901
5,467
135, 9691
3,2361
5. 855
'3301
2,835

10. 228
1,354
55, 434
1,165
2,290
79
468

8,431
3,021
1,541
1, 237
1,000
50
310
28, 493

48,854
16, 455
25, 612
26, 235
12,097
,001
18,074
14, 613

1,048
1,160
1,983
3,961
1,714
583
2,001
606
1,

18,859
6,028
3,489
1,907
3,326
1,406
1,146
5,549

551, 965
160, 293
544, 417
305, 584
137, 752
65, 228
145, 530
346, 498

10,936 1,819,766
614
530,094
5,442i 1,492,493
953,951
520, 339
330,059
513,868
1,032, 362

3,739
700
1,177
1, 434
1,465
1,021
904
969

6,452
13, 641
29, 344
53, 265
26, 117
11,118
30,098
7,037
22, 299

845, 658 1, 435, 486 1,015,108
18, 898
18,273
34, 538
76,123
22, 348
6,933
20,866
4,674
22. 773

3,
4,443
10. 532
22, 424
11,
1,466
5,836
1,585
5,199

20, 491
7,059
242, 586
15, 275
25, 301
850
5,027

1,
3,262
4,943
17, 926
3,735
2,302
3,283
80P
2,186

32, 200
5,211
373,583
7, 633
13, 952
724
4,907

Total Western States^.
Washington
Oregon
California
Idaho
Utah
Nev
Arizona

,240
1,000
29, 258
6, 366
3,184
65

29, 971
10, 540
325, 211
15, 818
34, 999
1,123
,422

1,410
332
25, 411
739
808
57
285

4,033
213
33
20, 255
35, 504
41, 926
31

259
23
2
2,095
2,791
1,261
1

160,730
38, 793
1, 595, 802
57,336
106, 748
3,973
31, 356

Total Pacific S t a t e s . . .
Total. United States
(exclusive of possessions)
Alaska
Canal Zone (Panama) 2
Guam
T h e Territory of Hawaii
Philippines 2_
Puerto Rico
American Samoa

, 394 9,102, 397j 2,145, 37812, 314, 597 2, 712,011

225
19, 686
3,694
2,712
45

153
10, 363
19
260
41, 261
42, 250
17

13,094
12,085
714
96,042
247,156
148, 637
198

Total possessions
Total United States
and possessions. __..__

9, 806 7, 339, 759 6, 599, 94419,130, 285 2,145, 908 2, 331, 5112, 722,180 530, 650 688, 565 12, 445,150
I
I '
i
I

i Excludes private banks which do not report to State banking departments.




2 June 29, 1940.

81,587

57,115 313,988 45,837,940

3 Nov. 12, 1940.

TABLE N O . 65.—Assets and liabilities of all active banks other than national, Dec. 31, 1940 (includes State (commercial), mutual savings, and
private banks)—Continued
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
Ohio.

_.




Time deDemand
U.S.
posits of
deposits,
Governof individ- individuals, ment and
uals, part- partnerpostal
nerships, ships, and
savings
and corcorporadeposits
porations
tions
28,816
3,319
9,736

365,418
66,891
211,171

182,672
206,912
101,143
2,310,540
320, 782

1,123
149
11,062
498
2,020

Deposits
of States
and political subdivisions

7,258
833
2,459
22, 536
8,373
21,256

Deposits
of banks

159
224
53,831
3,285
22,011

Other
deposits1

59
252
9,842
2,282
3,061

Total
deposits

221, 513
211,282
113,963
2, 773, 229
402,111
1,129,488

Bills payable, rediscounts,
and other
liabilities
for borrowed
money

Acceptances executed by
or for account of
reporting
banks

171
41
450
314

153
1,145
2
1,300

685,351

3,992,018

14,852

62,715

80,316

16,334

4,851, 586

976

8,008,854
418, 045
1,157,045
169,876
202,134
95,217

6,912, 554
801, 743
1,334,469
75,245
337,679
70,025

134,137
9,791
28,482
846
11, 349
573

436,671
92,401
97,976
5,024
20,218

3,177,948
24,137
169,472
3,475
31, 361
2,926

309,230
7,615
17,891
4,662
1,928
1,975

18,979,394
1,353, 732
2,805, 335
259,128

6,736
1,262
1,046

10,051,171

9, 531,715

185,178

652,296

3,409,319

343,301

24,172, 980

9,044

98, 727
63,503
163,250
38, 681
95, 282
64, 520
53,060
69, 772
85,353
159,427
54, 371
124, 767
71, 704

123,848
60,068
86,403
15,488
56,647
30, 787
32,155
45,694
42,968
24, 630
19,832
72,016
59, 527

2,880
957
5,704
231
3,279
731
1,534
1,603
3,548
2,120
707
2,790
3,135

17.780
10.781
41,466
8,619
14,624
14,832
11,578
18,549
31,161
27,477
10,220
22,452
13,602

30, 501
6,633
123,815
663
20,396
2,415
11,342
7,411
9,831
7,311
7,346
13,059
7,025

2,815
2,047
6,505
320
1,566
1,001
451
1,084
997
2,267
882
1,573
1,243

276, 551
427,143
64,002
191, 794
114, 286
110,120
144,113
173,858
223,232
93,358
236, 657
156, 236

16
194
385
5
223
83
76
35
90
180
68
464
23

1,142,417

670,063

29,219

243,141

247,748

22, 751

2,355,339

688.321

756,285

17,966

84, 534

11,730

1,639, 535

604, 669

170, 722

00

to

s
Other
liabilities

244
252
477
5,540
4,190
3,888

Total
liabilities,
excluding
capital
accounts

221, 928
211, 575
114,440
2, 778, 922
407,896
1,133, 692

14, 591

M
O
O

4, 868,453

117,047

1

169
2,551
10

12,151
878
1,418

19,151,866
1, 362, 335
2, 821,083
260,006
607,175
172,140

51,419

141,162

24,374, 605

264

4,336
433
3,970
155
1,788
386
533
579
865
519
299
6,904
1,538

280,906
144, 616
431,878
64,162
193,808
114, 759
110, 729
144, 727
174,819
223,931
93, 725
244,031
158,061

666

22, 305

2, 380,152

7,006

1, 646, 704

7,172
2,496

W
O

a
3
o

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)
_
_
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions
._
Total United States and possessions

16
37

198,787
756,165
295, 558
160, 917
77, 330
212,031
460,004

196,445
402, 697
451,431
257,020
190,828
177,159
199,472

3,980
2,202
5,101
2,370
1,568
1,951
10,187

58,956
43, 797
82,273
20,116
20, 792
58,090
39,016

8,529
150, 756
17,100
10, 770
2,243
9,248
206,042

4,300
12,081
9,434
5,118
2,799
5,775
4,391

470,997
1, 367, 698
860,897
456, 311
295, 560
464, 254
919,112

10
26
4,171

2, 849,113

2, 631, 337

45,325

403, 739

489, 222

55, 628

6,474, 364

4,423

18, 273
19,846
48,126
90,150
36, 780
10, 967
35,852
9,423
35,927

10,489
12, 528
19, 984
42, 448
17, 533
7,590
21,873
3,037
11, 375

71
303
182
1,933
331
65
58
58
189

2,292
9,428
7,609
37,398
9,286
2,626
4,917
2.371
9,933

452
453
719
2, 690
5,858
417
2,167
9
1,044

313
290
473
1,306
929
174
842
130
956

31, 890
42,848
77,093
175, 925
70, 717
21, 839
65, 709
15,028
59,424

305, 344

146,857

3,190

85,860

13,809

5,413

560, 473

31, 656
13, 821
428, 232
24, 792
32,826
1,460
11, 628

107,998
17,834
805, 301
15, 219
41, 970
1,221
13,869

337
90
7,887
353
100
6
24

4,949
2,569
32, 328
9,186
11,076
843
2,908

925
281
115, 389
1,644
7,950
10
159

548
140
10, 715
420
827
30
. 356

146, 413
34, 735
1, 399,852
51, 614
94, 749
3,570
28, 944

544, 415

1,003, 412

8,797

63,859

126, 358

13, 036

15,577,811

17, 975, 402

286, 561

1, 511, 610

4, 366, 772

5,047
2,750
69
28, 729
37, 215
45,146
45

4,906
2,940
330
43, 225
68, 245
22, 776
95

206
6,190

909

445
135

56
7,125
17, 758
43,606
18

119,001

142, 517

12,179

15, 696,812

18,117,919

298, 740

107
5,676

7
107

1,167
5, 373
6,328
935
826
948
5,701

472,180
1,373, 368
867,250
457, 247
296, 396
465, 235
929,091

400

28, 284

6, 507,471

54
41
76
416
159
56
474
6
152

31,944
42, 926
77,186
176, 627
70,876
21,895
66 188
15,034
59, 576

260
25
1

37
17
286
5

340

5

1,434

562, 252

1,541
96
52, 354
323
203
2
67

147, 954
34,831
1,455,834
51,937
94,952
3,572
29,011

486

3,142

1, 759,877

486

3,142

54, 586

1, 818,091

456,463

40,174, 619

17,111

56, 932

262, 362

40, 511,024

59
35

11, 572
12,050

2
35

11, 574
12,085

1,372
21, 359
7,822

161
2,445
3,837
3

80, 719
147,022
128,863
161

3,701
986
2

233
9,119

291
54, 576
3,816

81,010
205, 532
142, 784
163

69,472

31,133

6,540

380,842

4,822

9,352

58, 740

453, 756

1,581,082

4,397,905

463, 003

40, 555, 461

21,933

66, 284

321,102

40,964,780

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 N O . 65.—Assets and liabilities of all active banks other than national, Dec. 31, 1940 (includes State (commercial), mutual savings, and
private banks)—Continued

fcO

CAPITAL ACCOUNTS
[In thousands of dollars]

Capital notes
and debentures

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut.
_
_

4,178
902
2,650
31, 307
12,270
19, 517

Surplus

3,207
16,164
1,303
183,428
38, 420
. 67,985

Undivided
profits

9,714
7,242
2,162
104,792
3,520
34, 798

11, 762
863
4,157
12,225
718
12, 456

33,915
25,496
20,609
338,080
56,038
137, 510

255,843
237,071
135,049
3,117, 002
463,934
1, 271,202

4,166

5,407

20,501

70, 824

310, 507

162,228

42,181

611, 648

.__ _
. . .

23,650
30,234
18,190

1,170, 760
62, 518
278,321
19,872
30,020
10, 345

307,445
10, 659
37, 730
5,954
18,900
4,705

128,444
17, 779
55, 961
7,168
3,769
1,411

2,118, 598
160,180
504, 780
42, 882
75, 276
27, 306

110
250

443, 255
38,390
114, 578
9,806
17, 742
9,650

51,406

72,434

633,421

1, 571, 836

385, 393

214, 532

2, 929, 022

2,790
1,482
4,498

1,564
4,068
2,939

15,181
11, 502
14,700
3,968
14,073
7,156
5,740
6,777
8,468
16, 798
5,566
18, 768
9,990

3,896
3,042
5,711
1,041
3,551
1,357
2,554
567
1,915
3,596
1,849
4,177
3,125

1,250
1,791
1,572
699
1,947
1,117

37, 050
26, 871
43, 949
8,415
31, 336
15, 571
15,128
19,166
21, 255
33, 080
12, 497
41, 371
22, 005

317, 956
171,487
475, 827
72, 577
225,144
130, 330
125,857
163,893
196, 074
257,011
106, 222
285, 402
180, 066

25,422

138, 687

99, 288

36,381

21,132

327, 694

2, 707, 846

39

2,056
25
_ _

371

1,534

_

_._
. . . . .




4,303
3,385
32
568

61
10
2,688

Total Southern States

O
O

27, 303, 627

10,841
8,789
15, 630
2,690
10, 273
5,535
3,750
6,367
6,923
8,426
2,819
12, 411
4,834

82

_.

Ed

21, 270,464
1, 522, 515
3,325,863
302, 888
682,451
199,446

4,735
945

_ ...

3

5,480,101

45,044
600

_

Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi . _
Louisiana
Texas
Arkansas
Kentucky
Tennessee

Common
stock

3,813
325
6,171
6,328
1,110
2,754

1,241

Total N e w England States
New York
..
New Jersey
Pennsylvania Delaware
Maryland
District of Columbia

Preferred
stock

Reserves and
retirement account for pre- Total capital Total liabiliferred stock
ties and capiaccounts
and capital
tal accounts
notes and
debentures

.
6,784

2,271
4,144
2,148

313

1,905
955
813

Ed
O

4

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

26, 664
8,838
2,903

__

__

.______.

-

9,318
3,410
22, 384
5,820
7,144
1,955
3,762
3,920

173, 062
57,914
119,125
86, 701
63, 092
33, 663
48, 633
103, 271

1,819, 766
530,094
1,492,493
953, 951
520, 339
330, 059
513, 868
1, 032, 362

-

_ _ _ _

_.

._

_

180, 405

91,074

57, 713

685,461

7,192, 932

305
1 528
223
554
573
209
56

2,253
3,157
6,933
13 106
3,496
819
2 701
616
4,234

1,037
1,151
2,801
8 930
2,154
976
2,480
402
2,498

381
1,140
1,503
3,715
1,028
235
1,398
59
1,301

127
279
376
561
347
214
405
219
179

4,553
6,286
12,339
27,840
7,372
2,798
7,557
1,505
8,268

36, 497
49, 212
89, 525
204, 467
78,248
24,693
73, 745
16, 539
67,844

3,483

37, 315

22,429

10, 760

2,707

78, 518

640, 770

13, 393
339
100
28

3,514
1 787
50, 651
2,121
5 218
179
1,072

6,326
867
40,434
1,536
3 453
90
1,127

1,810
727
24,127
714
1 712
82
124

463
161
9,863
689
620
4
22

12, 776
3,962
139, 968
5,399
11, 796
401
2,345

160, 730
38, 793
1, 595, 802
57, 336
106, 748
3,973
31,356

124

--

_-

-.
._.

Total Western States
Washington
Oregon
__..._...
...
California
Idaho
- _-- - . _ _ - . _
Utah
- .
.
„
Nevada
Arizona _ -- - -

1,824
.

663
420
1,500

__ . . _

693

3,276
.

.

64, 560

53, 833

29, 296

11, 822

176, 647

1, 230, 748

2, 238, 298

715,132

350, 087

4, 808, 990

45, 320, 014

325

421

114

1,520

25
6 020
27, 571
3 143
25

35
4 701
7,321
936
6

35
1,686
1,169
493
4

11
2,625
5,488
991

106
15, 032
41,624
5,853
35

13,094
12,085
714
96,042
247,156
148, 637
198

75
290
290
... _

o
o

1, 994, 738

151, 881

- ._.

Total possessions
Total United States and possessions

13, 860

122,844

660

Total United States (exclusive of possessions).
Alaska
Canal Zone (Panama) . - - - . - - -._
Guam
-The Territory of Hawaii
.. - - . .
Philippines
_.
__
_ _
•
Puerto Rico
American Samoa
-.
-.. . __.

11,938
188

- .-_ - . - . .

Total Pacific States




285, 941

35

.-

-

16,181

10,823
1, 562

- -

~

2,494
1,469

720
559
421

__ _ _

T o t a l M i d d l e Western States
North Dakota
South D a k o t a
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

15, 955
7,041
21, 352
8,908
6,522
5,082
7,236
18, 978

71,036
22, 755
42,430
36, 314
27,456
13, 626
21, 242
51, 082

54,147

_

92

49, 997
15, 870
30, 056
23, 721
10, 959
11,438
13, 899
24,465

3,357

._ _. -

75

37, 444

13, 324

3,808

9,229

64,170

151, 956

1, 268,192

2, 251, 622

718, 940

359, 316

4,873,160

O

d

517,926

123,134

w

45,837,940

00
O

TABLE N O . 66.—Assets and liabilities of active national banks, Dec. 81, 1940

to

ASSETS

g

[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
T o t a l Southern
States

Num- Loans on
ber of
real
estate
banks

U.S.

Other
loans,
including rediscounts
and overdrafts

Government
securities,
direct
obligations

Securities
Obligaguarantions of
teed b y
States
U.S.
and
Government as political
to interest subdivisions
and principal

2,804
3,350
2,986
33,797
2,103
31, 667

Corporate
Other
stocks,
Curbonds, including rency
notes, and stocks of and
deben- Federal coin
tures
Reserve
banks

1,551
2,058
1,015
32, 706
686
10, 814

116, 472

16, 348 167, 843 1, 055, 338

423, 717
74,198
369, 606
4,341
18,119
10, 612

80, 340
3,829
19, 326
192
818
697

9,490
6,820
11, 295
66,179
4,685
26, 087

31, 501
27. 359
18. 224
486. 883
41, 625
77, 443

29, 659
12, 847
7,357
270, 589
16, 329
72, 452

319

124, 556

683, 035

409, 233

76,582

76, 707

428
225
688
15
63
9

122, 675 1, 520, 692 1,921,905
110, 390
161, 858
219,138
230, 314
620, 428
815, 491
3,198
5,401
1,930
18, 657
52,861
186, 086
17,947
42,112
53, 473

812,156
42, 698
111, 572
446
5,679
15, 761

447, 463
60,472
133, 259
819
5,056
1,046

1,428

503,181 2, 403, 352 3,198, 023

988, 312

648,115

900, 593

130
77
44
21
51
52
65
24
29
446
50
95
71
1,155




133, 681
45, 360
46,160
44, 228
154, 753
81,861
81, 828
16, 886
109, 828
465, 723
31, 901
90, 654
173, 283

63,116
20, 658
10, 291
8,381
33, 963
62, 359
20, 899
5,074
65, 986
225, 458
9,708
48, 039
55, 372

15, 521
11,337
3,476
1,635
20, 403
25, 603
11,182
556
31, 459
43, 852
3,253
11,916
21, 049

15, 472
7,744
11, 084
7,775
20, 665
25, 746
33,928
16, 271
30, 853
104, 585
16,857
13, 072
35, 825

12, 632
7,988
788
1,907
13, 404
11, 088
7,677
849
4.901
20, 385
3,095
16, 070
13, 769

237,520 1,476,146

629, 304

201, 242

339,877

114,553

45,140
25, 066
6,163
5.578
13, 518
16, 909
13, 391
5,766
17,189
41, 212
5,868
22, 054
19, 666

3,397
536
3,142
491
1,662
313
12, 975 144, 494
4,101
572
1,461 11, 047

Bank
premises
owned,
furniture
and fixtures

540
204
563
908
683
440

15,678
10,180
7,631
58, 772
7,378
16, 833

37
52
41
125
12
52

8,990
2,366
1,647
42, 840
6,797
13, 942

Balances
with
other
banks,
including reserve
balances

39,
25,
18,
766,
58,
146,

InvestReal
ments
estate and other
owned assets inother
directly
t h a n representbank
ing bank
prem- premises
ises
and other
real estate
192
109
254
4,576
144
1,070

404
75
28
2,252
507
38

Customers'
liabil- Other
ity on assets
acceptances

7,475
98
26

255
63
174
6,145
241
575

Total
assets

143,997
94,064
71,149
1, 936,591
143,949
409,895

48, 830

6,345

3,304

7,599

7,453

2, 799, 645

54, 639 3, 685, 938 106, 070
22, 934
321,417 25, 504
68, 379 1, 267,173 76, 313
555
7,197
737
9,590
160, 862
4,898
7,783
113, 590
7,135

13, 651
10, 591
27, 533
222
782
723

1, 858
2,048
1,308
7
13

25, 303
147
5,658

20, 690
2,712
11, 653
29
1,412
481

9, 237,097
1, 057, 936
3, 758, 013
25, 074
464, 961
271, 365

105, 202 163, 880 5, 556,177 220, 657

53, 502

5,234

31, 241

36,977 14,814, 446

9,230
5,075
2,543
1,890
8,636
7,453
6,878
1,683
7, 262
33, 901
1,867
4,310
10,888

2,461
2,069
479
68
647
1,262
3,223
763
1,143
4,585
396
834
1,831

1,103
20
7

9

48
4,685
52
44
269

791
158

1,242
478, 002
460
200, 908
273
144, 717
442
137, 061
661
409, 309
1,141
410,967
1,544 , 302,771
167
82, 593
1,989
440, 236
1,857 1, 695, 662
287
143,121
614
323, 313
1,332
542, 469

18,752 113, 775 2,036,891 101, 616

19,761

8,100

1,583

2,230
1,165
432
282
1,192
945
1,196
403
1,312
5, 451
470
1,073
2,601

12, 021
6,544
5,164
5,445
7,327
11, 833
7,357
2,860
6,141
29,125
3,252
6,750
9,956

164,144
67, 422
57, 690
59, 416
134, 096
163, 551
112, 710
31, 315
161, 334
714, 685
66,115
107, 883
196, 530

23
1,216
633

128
5

167
14
21
325

98

12,009

5, 311,129

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
Stales
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...

242
124
337
76
103
188
103
85
1, 258

285, 868 193,923
98, 340 140,934
755,809 1,218,509
140, 371 233, 745
87, 335 149, 682
237, 561 166, 034
28, 362
75,143
190, 497 139,935

64, 413
24,869
120, 353
129, 830
31, 759
35, 874
15, 337
49, 368

93,029
33, 727
155,541
42, 743
24, 423
44, 701
31, 260
32, 506

68, 649
31, 268
127, 230
78, 517
59,883
23, 403
9,202
24,807

5,105
1,383
29,107
2,131
1,797
2,102
622
8,561

2,084
526
4, 652
398
1,142
460
188
2,163

2,828
98
1,427
312
269
5,524
1,573
510

628
9
2,859
29
23
163
252

2,262 1, 396,773
1,179
624, 356
12. 799 4, 264.152
3,797 1,142,044
2,501
639. 275
3,750
885,973
553
301, 288
1,514
849, 250

418,178 1, 870, 924 2, 271,124

471, 803

457,930

422,959

50,808 171, 748 3,801, 296 109, 869 11, 613

12, 541

3,963

28, 355 10,103, 111

8, 361
8, 206
50, 520
34, 745
19, 090
8,494
43, 362
9. 588
42, 643

3,286
3, 051
11, 631
15,975
3,639
1,784
7,618
2,607
17, 508

3,415
6,013
18, 290
20, 669
4,729
3,423
11, 262
2, 655
60,132

1, 458
1,076
9,022
4,511
3,087
801
10,848
1,146
3,915

156
171
740
713
206
145
707
108
1,249

1,116
1,597
3,907
4,502
2,510
1,574
6,107
1,629
6,367

107, 013
48, 626
86, 779
67, 055
30, 847
28, 381
20,173
29, 304

45
40
133
181
42
26
78
22
208

3,066
5. 243
10,144
11, 239
1,958
2,518
13, 226
4,038
12, 594

23,831
25, 259
94, 734.
85,180
20, 655
15, 274
67, 063
13, 581
128, 728

775

64, 026

474, 305

225,009

67,099

130, 588

35, 864

4.195

43
26
98
18
13
6
5

28, 056
11, 765
673, 635
5,581

159,073
82, 590
704,174
14, 291
18, 617
7,235
23, 348

104, 334
75,887
688, 718
13, 744
11, 226
8,531
6,878

14, 942
30,158
226,816
1,203
6, 236
3.159
5,753

31, 022
14, 998
293,497
3.512
3,480
3,024
1,936

10, 572
7,988
75, 226
563
1,483
875
3,537

1,724
517
14,835
125
208
51
116

739, 795 1, 009, 328 909, 318

288, 267

351, 469

100, 244

209

8,161
6,923
5,674

5,144 2, 087, 256 7,917, 090 7, 642, 011 2, 093, 305 2,004, 686 1, 690, 685

30, 444 610, 682
17, 495 215,398
61, 216 1, 655, 882
21, 262 412, 623
226. 644
12,123
10, 688 318,845
6,070 108, 803
12, 450 352, 419

29, 845
10, 504
31, 989
9,231
10,847
8,487
4,002
4,964

13, 451
18, 566
106,892
104, 312
41,149
27, 327
171, 595
22,603
178, 005

1,702
1,546
5,363
5,585
2,002
678
2,990
827
8,908

50
26
289
403
22
12
212
29
96

29, 309

683,9 00

29, 601

1,139

12,152
6,349
41, 580
1, 658
958
1,050
2,259

434
198, 768 7,675
6, 654
115
113,170
839.920 62, 954 15, 045
5
21, 261 1, 056
60
38, 968 1,598
786
13
15,429
159
25, 046 1,463

17, 576 66, 006 1, 252, 562 82,186

15, 831

212, 881 712, 561 14,386,164 592, 759 108,191

4

1,080

1,436

1,307

24

191

509

2

1,106

4,291

158

1

8,373

11, 903

15, 212

615

3,515

2,682

22

4,936

10, 365

1,469

196

448

12

6,238

15,104

1,639

6

60,196
71, 206
312, 305
288, 295
99, 538
62, 250
335, 442
58, 822
461,186

569

152

3,484

1,749, 240

4
1
31, 556

181
99
2,330

1,209
905
12,511
23
18
213
255

570,146
351,196
3, 682, 797
63, 022
92,114
47, 294
76, 424

2,610

15,134

4, 882, 993

5
156
6
182
1
125

1,101
5
32, 667

62, 415 47,148 103, 412 39, 660, 564

4

24

147

304
353
768
305
485
38
451
11
769

99

1

477

158

19

112

80

182

6

9,930

13, 497

16, 538

751

3,786

3,373

5,150 2,097,186 7,930,587 7,658,549 2,094, 056 2,008,472 1,694,058




2

212,905 718,799 14,401,268 594, 398 108,197

110

10, 216

6

2,379

61, 477

17

1,705

6

2, 506

73, 398

62, 415 47,154 105, 918 39, 733,962

to

3

TABLE N O . 66.—Assets and liabilities of active national banks, Dec. 31, 1940—Continued

00
00

LIABILITIES
[In thousands of dollars]
Demand
deposits of
individuals,
partnerships, a n d
corporations

Location

Maine
New Hampshire
Vermont
Massachusetts

_
_

..

.

Maryland

District of Columbia
Total Eastern States

Total Southern States




Other
deposits l

Total
deposits

_.

66,441
22,251
35,986
220,679
17,085
91, 330

974
1,256
507
12,160
1,772
4,360

453, 772

21,029

119, 376

5,049,020
366,048
1, 369,985
9,842
184, 708
158,073

772, 980
428,179
1,068,266
8,650
96,063
49, 298

21,623
14,115
66,024
404
26, 387
1,520

327,882
105,212
122,638
123
26,073
94

7,137,676

. _

Virginia.
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama Mississippi
Louisiana
Texas
Arkansas _.
Kentucky
Tennessee

3,860
6,717
1,745
82,043
5,667
19, 344

Deposits
of banks

1,419, 775

Connecticut
Total New England States
New York.
New Jersey
Pennsylvania
Delaware

Deposits
of States
and
political
subdivisions

44, 347
41, 990
20,827
1,004,120
90, 321
218,170

_.

Rhode Island

Time
U.S.
deposits of
individuals, Governpartner- ment and
postal
ships, and
savings
corporations

2,423,436

130,073

582,022

2,736,476

172,898
81, 218
71,265
68, 600
163,086
183, 760
121, 785
33,154
178,412
829, 774
62, 359
143, 590
182,967

147,139
62,816
31, 378
19,183
68,043
54,674
71, 382
24,812
68, 317
183,635
27, 723
67, 346
111, 523

4,563
2,726
775
971
15,448
9,929
6,861
2,166
12,620
35, 599
1,000
3,125
16,925

25, 534
14,024
9,316
24,047
22,161
43,376
26,491
7,765
26,689
131,030
11,059
10, 364
34, 520

66, 398
11,694
14,241
11,462
97, 087
81,473
38,899
5,887
116,194
311,086
24.984
63,684
141, 281

6,971
423, 503 3,977 176,455
2,374
129, 349
1,845
126,108
5,759
371,584
4,870
378,082
2,168
267, 586
367
74,151
3,145
405, 377
1, 534, 702
43, 578
1,707
128,832
2,470
290,579
6,188
493,404

2,292,868

937,971

112,708

386,376

984,370

85,419

8,778
5,311
856
378, 261
10, 335
23,895

Bills payable, rediscounts,
and other
liabilities
for
borrowed
money

Acceptances
executed
by or for
account of
reporting
banks

Other
liabilities

Total
liabilities,
excluding
capital
accounts

942
1,672
680
17,985
1,223
7,770

125, 342
79,197
60,601
1, 715, 248
126,403
364,869

427,436

30, 272

2,471, 660

611

8,262

11, 529

2,492,062

1, 945,946
20,807
636,641
552
96,313
36,217

195, 531
10, 924
25, 591
185
2,029
3,779

8, 312,982
945,285
3, 289,145
19, 756
431, 573
248,981

459
30
482

28, 963
147
7,183
128
5

174, 791
2,873
11,255
42
1,140
647

8, 517,195
948, 335
3, 308,065
19, 798
432, 841
249, 633

238,039

13, 247, 722

971

36,426

190, 748

13,475.867

102
10

9

98

1,773
538
568
369
2,607
1,004
904
156
1,871
4,552
331
1,081
1,762

425, 387
177,003
130,084
126,495
374, 212
379,116
268,822
74, 307
408,425
1, 539,612
129,163
291,830
495,264

1,980

17,516

4,819,720

4, 799,712

45
566

8,114
122
26

167
18
21
30
332
200
170
_ __
512

1,177
158

335
211
217
8,433
424
1,909

125,677
79,453
60,818
1, 732, 361
126,949
366,804

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)
Al aska
The Territory of Hawaii
Virgin Islands of the United States
Total possessions
Total United States and possessions

623,729
272,796
1,948,946
555, 392
243, 731
339,793
117, 990
349,890

374, 672
151,671
699,597
283, 216
208, 367
205,040
64, 623
110,179

4,452, 267

25"

286

9,257, 851

78

4, 396

34, 356

9,296,681

53,846
64,038
282,243
.258,790
90, 665
55, 913
305, 275
54, 563
408,104

125
50
447
54

147

257
353
658
604
191
179
861
29
1,165

54,228
64,441
283, 353
259,448
90,856
56,168
306, 339
54, 592
409,416

23,274

1, 573,437

955

152

4,297

1, 578,841

60,428
24,283
210,723
1,281
16, 374
981
1,929

4,849
3,841
45,444
299
722
580
1,087

523,143
324, 743
3, 333, 500
57, 580
83,657
43, 660
70,608

230
101
2,936

2,547
1,455
23,484
98
312
527
566

525,920
326,299
3, 359,920
57, 678
83, 969
44,187
71,174

480, 923

315,999

56,822

4,436,891

3,267

28,989

4,469,147

2, 352, 995

6, 573,617

518,181

35, 787, 273

86,680
49,088
239, 796
72, 223
29,334
67, 797
24, 550
40,612

143,140
72,814
913, 945
126, 745
79, 324
176,804
63,473
276,413

13,931
7,933
30,940
7,868
6,729
8,381
2.652
5,921

1,249, 313
567,868
3,935,403
1,063,026
578, 584
800, 667
275, 212
787, 778

2,097, 365

161,126

610,080

1,852,658

84, 355

28,258
29, 929
140, 653
135,224
50, 360
25,133
161, 550
27,126
202,219

19, 228
17,294
43,973
36, 380
23,217
15, 748
72,403
11,229
62, 111

188
370
2,727
4,786
201
357
1,536
506
6,561

2,928
11, 797
21, 393
44, 650
9,252
7,704
13, 585
11, 510
51, 399

2,667
4,192
70,251
35,170
6,469
6,522
53,107
3,465
74,835

577
456
3,246
2,580
1,166
449
3,094
727
10,979

800,452

301, 583

17,232

264,523
152, 563
1,267, 531
29, 617
34,854
21,223
40, 547

141,484
109, 626
1, 390,650
16, 488
22,379
16, 015
15, 990

5,699
5,122
47,947
318
118
212
241

46,160
29, 308
371,205
9,577
9,210
4,649
10,814

1,810,858

1, 712, 632

59,657

17,913,896

7, 926, 759

501,825

174, 218

256,678

18
35
•""•

647
9
3,239
29
23
163

5

76
203

54,483

287,435

36,132, 318

5,515
19, 618
302

2 544 1
23,851
942

557
4,261
66

435
4,658
142

132
1,544
5

106
472
1

9,289
54,404
1,458

6

8
69
12

9,297
54,479
1,470

25,435

27, 337

4,884

5,235

1,681

579

65,151

6

89

65,246

17,939, 331

7,954,096

506, 709

2, 358,230

6, 575,298

518, 760 35,852,424

3,127

3,127

54,489

287, 524

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).




1,253,995
569, 542
3,952,496
1,065,804
579, 981
809, 216
275,849
789, 798

4,035
1,665
13,836
2,749
1,374
8, 351
637
1,709

7,161
13, 566
102,179
17, 582
11, 099
2,852
1,924
4,763

36,197, 564

fcO

TABLE N O . 66.—Assets and liabilities of active national banks, Dec. 31, 1940—Continued

CO

o

CAPITAL ACCOUNTS
[In thousands of dollars)

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Common
stock

Surplus

Undivided
profits

Reserves and
Total liabilretirement
ities and
account for Total capital • capital i
accounts
preferred
accounts
stock
18, 320
14,611
10, 331
204, 230
17, 000
43, 091

143, 997
94, 064
71, 149
1,936, 591
143, 949
409, 895

1,267
861
663
4,592
385
4,225

Total New England States
New York
New Jersey,.
Pennsylvania
Delaware
Maryland
District of Columbia

Preferred
stock

....

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




7,109
5,296
4,400
69,199
7,102
17,103

5,953
4,910
2,777
86, 532
7,548
15, 023

3,168
2,863
1,633
30,460
1,748
4,612

823
681
858
13,447
217
2,128

11,993

110, 209

122, 743

44, 484

18, 154

307, 583

2, 799, 645

19, 555
21, 747
14,959
85
2,410
1,000

257, 888
36, 588
149, 974
1,666
11, 201
7,700

325, 681
29, 518
194, 313
2,631
11, 204
6,945

88, 279
12, 945
60, 448
607
5,490
5,215

28, 499
8,803
30, 254
287
1,815
872

719, 902
109, 601
449, 948
5,276
32, 120
21,732

9, 237, 097
1,057, 936
3, 758,013
25. 074
464, 961
271, 365

59, 756

465,017

570, 292

172, 984

70, 530

1, 338, 579

14, 814,446

7,091
3,136
1,837
1,403
4,399
2,992
3,618
427
4,183

14,110

24, 573
2,589
3,646
7,556

2,777
985
971
563
3,066
1,961
2,113
355
2,703
7,741
577
1,209
1,806

52, 615
23, 905
14, 633
10, 566
35, 097
31, 851
33, 949
8,286
31,811
156, 050
13, 958
31, 483
47, 205

478, 002
200, 908
144, 717
137,061
409, 309
410, 967
302, 771
82, 593
440, 236
1, 695, 662
143,121
323, 313
542, 469

163, 060

67, 450

26, 827

491, 409

5, 311,129

42,179
16, 375
116, 557

16,121
9,038
31,779

10, 644
4,839
30, 482

142, 778
54, 814
311,656

1, 396, 773
624, 356
4, 261,152

1,126
859
310
929
801
313
4,05.9
1,521
3,095
8,864
805
2,149
5,545

23, 598
10, 566
6,415
4,596
16, 520
15, 097
14, 667
3,010
10, 826
63, 487
5,466
11,260
18,188

30, 376

13,926
4,346
6,448

59, 908
20, 216
126, 390

18, 023
8, 359
5,100
3,075
10,311
11, 488.
9,492
2,973
11,004
51, 385
4, 521
13, 219

s
3

a
o

Michigan
Wisconsin
Minnesota
Iowa
Missouri __ _ _.. _,

Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
M^ontana
Wyoming
Colorado _
New Mexico
Oklahoma.-

.

--

_

-

__

_

Total Western States
Washington
Oregon.
California
I d a h o . . ,.
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 a n d possessions




_

.

21, 598
12, 771
27, 250
8,320
17,148

12,364
7,670
10, 047
3,370
12, 815

5, 706
6,654
3,596
1,616
3,559

76,240
59, 294
76, 757
25,439
59, 452

1,142,044
639, 275
885,973
301, 288
849, 250

323,148

262,198

103, 204

65,096

806, 430

10,103, 111

2,879
3,181
13, 675
13, 786
4,290
2,150
9,702
1,799
23, 018

1,889
1,875
9,241
8,438
2,326
1,944
9,483
1,490
15, 907

670
763
2,948
4,572
1,571
1,324
5,962
263
8,986

167
360
2,320
861
264
261
2,786
397
2,603

5, 968
6,765
28,952
28, 847
8,682
6,082
29,103
4,230
51, 770

60,196
71, 206
312, 305
288, 295
. 99,538
62, 250
335, 442
58, 822
461,186

6,248

74, 480

52, 593

27, 059

10,019

170, 399

1, 749, 240

1,880
131
30,012
762
393
12
1,190

20, 277
8,799
114, 803
1,968
3.230
948
1, 325

10, 344
8, 338
111, 622
1,299
2,517
741
1,291

7,131
4,468
36, 594
996
1,215
1,354
772

4,594
3,161
29, 846
319
790
52
672

44, 226
24,897
322, 877
5,344
8,145
3,107
5,250

570,146
351, 196
3, 682, 797
63,022
92,114
47, 294
76, 424

34, 380

. _ _ _

23,059
22, 532
34, 259
11,J07
25, 677

363
586
768
1,190
231
403
1,170
281
1,256

__

13, 51S
9,667
1, 605
1,026
2,253
52. 784

~_

151, 350

136,152

52, 530

39, 434

413, 846

4,882, 993

195, 537

1, 327, 900

1, 307, 038

467,711

230,060

3, 528. 246

39, 660,564

120

300
3,350
30

505
1,970
20

64
194
15

50
1,484
50

919
6,998
235

10 216
61, 477
1,705

120

3,680

2,495

273

1,584

8,152

1, 331, 580

1,309,533

467, 984

231, 644

3, 536, 398

39, 733, 962

o

E

73, 398

195, 657

o
o

Q

fcO
CO

TABLE N O . 67.—Personal and retail installment paper held by national banks, June 30, 1941, by States

CO

[Amounts in thousands of dollars] -

to

Number of banks
Reporting

Location
Total

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




.
..
.

..

some personal and
retail installment
paper

Personal and retail installment paper

installment
Reporting Retailpaper
no personal and
retail installment
Paper
Direct
paper
purchased loans

36
52
40
124
12
52

32
48
37
115
9
46

4
4
3
9
3
6

658
642
1,631
21, 016
418
3,038

518
501
445
4,806
272
1,723

i

Total
Personal
installTitle I ment cash
Percent
loans
loans
Amount to customer

F . H . A.

Total
customer
loans 2

loans 2

151
231
147
5,817
137
1,410

450
1,007
779
10, 327
285
4,666

1,777
2,381
3,002
41,966
1,112
10,837

6.80
10.34
16.53
8.75
2.75
16.30

26,121
23,016
18,164
479, 648
40, 471
66,490

316

..
. .

... .

. .

29

27, 403

8,265

7,893

17, 514

61, 075

9.34

653, 910

373
198
511
8
40
9

52
27
176
7
23

61,020
9,160
12, 966
99
753
2.836

9,269
3,681
11, 210
69
495
278

24, 852
7,408
6,637
23
837
889

54,256
8,304
13,142
65
946
2,204

149, 397
28, 553
43, 955
256
3,031
6,207

10.46
18.15
7.38
5.06
6.44
14.11

1, 428, 603
157, 304
595,914
5,060
47,067
43,983

1,424

__

287

425
225
687
15
63
9

1,139

285

86, 834

25,002

40, 646

78, 917

231, 399

10.16

2, 277,931

116
62
36
18
49
49
61
23
28
412
46
70
68

14
15
8
4
2
3
4
1
1
33
4
25
3

4,073
3,961
906
966
19, 251
2,511
2,364
797
3,552
12, 781
3,978
1,723
5,747

2,302
323
1,005
1,027
3,501
1,500
1,864
202
689
17, 002
565
676
1,455

1,269
313
397
680
3,313
950
1, 808
349
2,197
3,005
332
879
3,599

4,600
1,888
2,258
1,297
4,541
1,886
2,165
787
2,893
11, 245
881
1,431
3,369

12, 244
6,485
4,566
3,970
30, 606
6,847
8,201
2,135
9,331
44, 033
5,756
4,709
14,170

9.55
14.17
10.01
10.45
20.17
9.61
10.06
12.86
8.97
10.29
19.45
5.80
8.58

128, 208
45, 768
45, 598
38,005
151, 712
71, 241
81, 523
16, 604
104,037
427, 787
29, 595
81,175
165,134

1,038

117

62, 610

32, 111

19,091

39,241

153, 053

11.04

1, 386, 387

130
77
44
22
51
52
65
24
29445
50
95
71
1,155

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TABLE N O . 67.—Personal and retail installment paper held by national banks, June 80, 1941, by States—Continued

to
CO

[Amounts in thousands of dollars]
STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PERSONAL AND RETAIL INSTALLMENT PAPER OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED

Personal and retail installment paper1

Number of banks

Location
Total

Connecticut, District No. 2___.
New Jersey, District No. 2
Kentucky, District No. 4
Pennsylvania, District No. 4..
West Virginia, District No. 4..
Louisiana, District No. 6
Mississippi, District No. 6
Tennessee, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7
Missouri, District No. 10
New Mexico, District No. 10..
Oklahoma, District No. 10
Arizona, District No. 12

11
148
52
198
8
20
15
59
86
226
51
71
30
6
197
4

Reporting
some personal and
retail installment
paper

679
130
38
161
8
20
14
56
83
212
51
69
29
6
192
4

i Personal and retail installment paper is defined as follows:
"Retail installment paper" represents the unpaid balances of all installment loans
arising from the retail sale of and secured by automobiles, trucks, tractors, household
appliances, furniture, clothing, jewelry, etc. "Paper purchased" includes any such retail
installment paper purchased from or rediscounted for dealers and finance companies.
"Direct loans" include installment loans made directly to individuals to finance the
purchase of and secured by such goods.
" F . H . A. Title I loans" represent the unpaid balances of property improvement loans,
whether secured or unsecured, which are insured under Title I of the National Housing
Act.




Retail installment
paper
Reporting
no personal and
retail installment
Paper
Direct
paper
purchased loans

6,779
289

4,132

131
990
680

3,378
3,997
25, 308
7,363
1,007
2,403
635

5,942
1,853

495
2,730
190
3,210
150
531
163
633
1,875
5,460
13,917
1,804
2,602
447
5,243
1,419

3

Total
F . H . A. Personal
installTitle I ment cash
loans
loans

252
4,560
161
1,830
2
2,091
342
1,398
742
7,997
7,018
946
851
266
1,126
1,700

1,472
6,070
464
2,748
107
2,151
735
2,147
1,879
10, 513
4,705
2,238
1,087
348
3,574
2,298

Amount

Percent
to customer
loans 2

2,898
20,139
1,104
11,920
390
5,763
1,920
7,556
8,493
49, 278
33,003
5,995
6,943
1,696
15,885
7,270

21.77
18.16
4.84
7.85
8.72
6.92
13.83
8.62
11.32
6.65
20.41
7.43
9.55
19.94
12.62
30.41

A

Total
customer
loans a

13, 309
110, 904
22,830
151,872
4,471
83, 229
13,880
87, 658
74, 999
740,628
161, 737
80, 682
72, 738
8,504
125.911
23,907

"Personal installment cash loans" represent the unpaid balances of all secured and unsecured loans, other than business and agricultural loans, which are made to individuals,
and are by their terms repayable in installments. The proceeds of such loans are ordinarily used for consolidation of debts, medical attention, and general personal expenditures.
2 By "customer loans" is meant total loans less real estate loans, loans for purchasing or
carrying securities, open-market paper, and loans to banks.

8
3
O

i
o
d

TABLE N O . 68—Personal and retail installment paper held by national banks, Dec. 31, 1940, by States
l[Alliounts in thousands of dollars]
Personal and retail installment paper 1

Number of banks

Location
Total

Reporting
no personal
and retail
installment
paper

Total

Retail installment
paper
F. H . A.
Paper
purchased

Direct
loans

Title I
loans

Personal
installment cash
loans

Amount

Percent
to customer
loans 2

1,417
1,973
2,025
33,002
809
9,468

5.66
9.56
12.89
8.22
2.44
15.95

Total
customer
loans 2

37
52
41
125
12
52

Total New England S t a t e s . . . .
New York
New Jersey.
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States.

„

Total Southern States
See f o o t n o t e s a t e n d of t a b l e .




35
49
40
119
10
47

319

300

19

19, 925

5,435

7,939

15, 395

48, 694

8.77

555, 239

428
225
688
15
63
9

Maine,.
New Hampshire...
Vermont
Massachusetts
Rhode Island
Connecticut

Virginia
West Virginia
North Carolina
South Carolina
Georgia
FloridaAlabama
Mississippi
Louisiana
Texas
..
Arkansas
Kentucky
Tennessee

Reporting
some personal and
retail installment
paper

376
190
497
8
39
9

52
35
191
7
24

53, 604
5,441
9,641
78
597
2,468

4,943
1,814
7,520
36
423
338

24, 321
6,932
6,935
43
719
988

52, 057
7,033
11, 805
72
1,205
2,040

134, 925
21, 220
35, 901
229
2,944
5,834

11.19
14.87
6.79
4.93
6.57
14.46

1, 205, 526
142, 736
528,378
4,649
44,831
40, 355

1,428

1,119

309

71, 829

15,074

39,938

74, 212

201,053

10.22

1,966.475

130
77
44
21
51
52
65
24
29
446
50
95
71

117
62
38
16
50
47
60
23
28
411
45
69
69

13
15
6
5
1
5
5
1
1
35
5
26
2

3,267
3,295
759
726
14, 831
2,778
1,749
208
2,867
9,946
2,903
962
4,008

1,905
678
716
657
2,313
1,015
1,008
140
481
12, 763
301
359
1,155

1,186
351
395
542
3,170
1,080
1,467
322
2,262
3,184
279
981
3,699

4,022
1,394
2,038
1,025
4,238
1,868
1,829
614
2,733
9,423
682
1,260
2,428

10, 380
5,718
3,908
2,950
24, 552
6,741
6,053
1,284
8,343
35, 316
4,165
3,562
11, 290

8.18
13.52
9.02
6.91
16.90
9.06
7.87
7.93
7.93
8.01
14.03
4.46
7.01

126,956
42, 291
43, 341
42, 695
145, 280
74,409
76,878
16, 200
105,194
440,830
29, 678
79, 916
161,143

1,155

1,035

120

48, 299

23, 491

18, 918

33, 554

124, 262

8.97

1,384,811

2
3
1
6
2
5

568
527
713
15, 442
288
2,387

335
325
368
2,936
190
1,281

140
235
138
5,560
125
1,741

374
886
806
9,064
206
4,059

25,047
20, 640
15,704
401,330
33,148
59,370

to
CO
o

TABLE NO. 68—Personal and retail installment paper held by national nanks, Dec. 31, 1940t by States—Continued
[Amounts in thousands of dollars]
Number of banks

Location
Total

Ohio
Indiana
Illinois
Michigan
WisconsinMinnesota
Iowa
Missouri

-

.- _

__

Utah
Nevada
__
Arizona . . . .

._

Total Pacific States
Total United States (exclusive of possessions)




purchased

Direct
loans

260,533
85, 578
646,116
125,334
79,976
223,071
67,123
166, 347

158, 956

9.61

1, 654,078

3,733
3,605
6,043
7,039
1, 669
2,028
4,802
1,940
13, 263

16.16
14.96
6.87
8.88
9.24
13.98
7.90
15.48
10.86

23,098
24,090
88,006
79,259
18,057
14,503
60,776
12, 530
122,181

44,122

9.97

442, 500

29, 783
17, 792
180,145
3,020
2,361
2,566
6,054

19.70
22.30
27.26
21.95
13.52
37.95
27.00

151,148
79,797
660,961
13, 761
17,459
6,762
22,421

_

29
10
16
2
3
4
5
6

3,715
7,908
22,173
4,170
1,585
14, 332
3,895
2,015

5,414
1,768
3,755
8,758
1,433
6,595
1,463
2,843

1,849
1,298
8,041
3,027
1,043
17, 789
1,770
1,993

6,322
1,735
10,977
1,503
2,543
3,663
1,364
2,217

17, 300
12 709
44,946
17, 458
6,604
42,379
8,492
9,068

1,183

75

59, 793

32,029

36,810

30, 324

44
38
110
169
39
24
76
18
203

1
2
23
12
3
2
2
4
5

1,330
1,833
1,524
2,878
377
884
1,259
701
5,019

1,429
1,001
1,235
2,046
483
602
1,468
243
3,957

364
222
1,433
704
148
157
948
314
1,023

610
549
1,851
1,411
661
385
1,127
682
3,264

721

54

15,805

12,464

5,313

10, 540

43
26
98
18
13
6
5

42
26
94
18
13
6
5

1

10, 673
6,107
74,896
1,617
564
1,197
1,315

7,564
6,381
36, 963
829
649
300
834

5,766
2,972
40,087
292
716
581
1,670

5,780
2,332
28,199
282
432
488
2,235

4

Total
customer
loans 2

6.64
14.85
6.96
13.93
8.26
19.00
12.65
5.45

213
114
321
74
100
184
98
79

775

.__
-

_

Paper

Total
F . H . A. Personal
installTitle I ment cash
Percent
loans
to cusloans
Amount
tomer
loans 2

45
40
133
181
42
26
78
22
208

__ . .

._-

Retail installment
paper

1,258

_.
_ _

Total Western States
Washington
Oregon
California
Idaho

Reporting
no personal
and retail
installment
paper

242
124
337
76
103
188
103
85

Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming _
Colorado.. _._
New Mexico
Oklahoma _ _ _ _ ._
_

Reporting
some personal and
retail installment
paper

Personal and retail installment paper i

209

204

5

96,369

53, 520

52, 084

39, 748

241, 721

25.38

5,144

4,562

582

312.020

142,013

161, 002

203, 773

818,808

11.77 1

952, 309

6,955,412

Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
. . . ._ ._.
Virgin Islands of the United States (nonmember bank)
Total possessions (nonmember banks)

4
1
1

4
1

85

19
3

1
25

43
551

148
579

10.44
5.00

1

1,417
11, 591
158

6

_._
-

5

1

85

22

26

594

727

5.52

13,166

5,150

Total United States and possessions
New York Citv (central Reserve city)
Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks)
Possessions (nonmember banks) _

.

4,567

583

312,105

142, 035

161, 028

204,367

819,535

11.76

6,968, 578

8
9
240
4,887
6

6
7
225
4,324
5

2
2
15
563
1

46, 307
13, 992
136,211
115,510
85

165
91
74, 014
67, 743
22

9,953
2,484
91,321
57, 244
26

38, 646
5,496
67, 245
92, 386
594

95, 071
22,063
368, 791
332, 883
727

9.76
4.66
12.11
13.52
5.52

973, 751
473, 671
3,045, 525
2, 462,465
13,166

O

3

STATES LOCATED IN 2 FEDERAL RESERVE DISTRICTS—PERSONAL AND RETAIL INSTALLMENT PAPER OF BANKS LOCATED IN FEDERAL RESERVE DISTRICT SPECIFIED

Connecticut, District No. 2_.
New Jersey, District No. 2_.
Kentucky, District No. 4
Pennsylvania, District No. 4
West Virginia, District No. 4
Louisiana, District No. 6
Mississippi, District No. 6
Tennessee, District No. 6
Indiana, District No. 7
Illinois, District No. 7
Michigan, District No. 7
Wisconsin, District No. 7_.__.
Missouri, District No. 10
New Mexico, District No. 10.
Oklahoma, District No. 10—.
Arizona, District No. 12

11
148
52
198
8
20
15
59
86
225
50
72
31
6
198
4

10
126
38
158
8
20
14
57
80
213
49
70
30
6
194
4

383
3,853
261
2,815
105
908
129
2,420
2,487
19,875
3, 489
823
601
556
4,810
1,299

515
1, 058
130
1, 844
78
383
122
643
1, 579
3, 156
8, 239
997
1, 746
189
3, 905
834
I

Personal and retail installment paper is defined as follows:

the purchase of and secured by such goods.
~~ ,.„
„„„
Dy sucn
" F . H. A. Title I loans" represent the unpaid balances of property improvement
loans, whether secured or unsecured, which are insured under Title I of the National




1, 308
5,148
401
2, 574
107
2,054
580
1,617
1, 370
10, 312
1,198
2,007
944
588
3,219
2,223

306
4,105
218
1, 844
5
2,223
314
1,562
762
7,784
2, 544
795
693
254
1,020
1, 670

2,512
14,164
1,010
9,077
295
5,568
1,145
6,242
6.198
41,127
15, 470
4,622
3,984
1,587
12,954

21.61
14.41
4.28
7.14
7.05
6.61
8.49
7.25
9.78
6.86
13.19
6.69
5.81
24.17
10.77
27.87

11, 622
98,297
23, 617
127, 205
4,184
84, 278
13,485
86,129
63, 383
599,950
117,299
69,132
68, 529
6,566
120, 330
21, 620

8
go

o

O

I

Housing Act. "Personal installment cash loans" represent the unpaid balances of all
secured and unsecured loans, other than business and agricultural loans, which are made
to individuals, and are by their terms repayable in installments. The proceeds of such
loans are ordinarily used for consolidation of debts, medical attention, and general personal expenditures.
2 By "customer loans" is meant total loans less real estate loans, loans for purchasing
or carrying securities, open-market paper, and loans to banks.

O
d
to

3

TABLE N O . 69.—Assets and liabilities of all active banks, June SO, 1920 to 1941
00

[For figures covering 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
of banks including other secuoverdrafts
rities
1920
1921
1922
.
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938 ..
1939
1940
1941
.

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
15,017
14, 919

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
22, 557,670
25, 543, 438

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
29,074,909
32, 729, 732

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
1,148, 589

Balances
with other Other assets Total assets Capital
banks»
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
24, 535,268
25, 471,008

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
2,897,193
2, 676, 235

i Includes reserve with Reserve agents, exchanges for clearing house, and all cash items.
for separately and are included with " O t h e r assets."
* Includes reserve accounts.
1
Licensed b a n k s ; i . e . , those operating on an unrestricted basis.
4
Includes capital notes a n d debentures in b a n k s other t h a n national.

52, 828, 247
49. 584, 788
50, 294,893
53, 905, 293
57,084, 786
61, 898,134
64,686,070
67,922, 039
71,137, 842
71,718,679
73,462, 376
69, 757, 104
57,190,109
51,293,912
56,157, 554
60, 386,863
67,188, 241
68, 924, 757
68, 277, 707
73, 601, 320
80, 213,629
87, 828, 719

2, 702, 639
2, 903, 961
2,943, 950
3, 052, 367
3,114, 203
3,169, 711
3, 273,303
3, 376, 498
3, 525, 522
3, 796, 978
3, 889, 419
3, 317, 864
2, 899, 541
< 3, 558, 786
* 3, 605, 443
< 3,421, 226
* 3, 250, 650
* 3, 204, 751
< 3,160,096
4
3,091,793
4 3, 055,005

Surplus
and net
undivided
profits 2

3, 251, 344
3, 452, 775
3, 631, 252
3, 753, 639
3, 939. 089
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
5, 233, 334
5,469, 514

Circulation

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
222, 095

Total
deposits

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
71,153,458
78, 549,329

Bills payable and
rediscounts,
etc.

3,033. 999
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
26,969
22, 559

Other
liabilities
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
708,075
732,312

8
H
O

o

Beginning with t h e year 1936, however, cash items n o t in process of jollection were called

N O T E . — F i g u r e s in above table have been reyised^since*published in reports prior to 1939 to exclude acceptances of other banks a n d bills of exchange or drafts sold w i t h endorsement, reported as "contingent liabilities" beginning in 1939. Such acceptances in years 1920 to 1928 in previous reports were included w i t h loans a n d discounts, a n d in years 1929 to
1938 w i t h " O t h e r assets." I n years 1920 t o 1925 these acceptances were previously included with bills payable, a n d in years 1926 t o 1938 w i t h " O t h e r liabilities." T h e above figures
lor years 1925 to 1938, published i n reports prior to 1939, have been further revised in that securities sold with agreements to repurchase are included with bills payable instead of w i t h
'' O t her liabilities."
(See also tables 70 and 71 covering figures for State a n d private banks and national banks, respectively.)




O

d

TABLE NO, 70.—Assets and liabilities of all active banks other than national, June SO, 1920 io 1941
[For figures covering each year 1834 to 1919, inclusive, see pp. 1018-1020 of the report for 1931]
fin 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.
1940
1941.

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
3 9, 722
« 10, 472
10,622
10, 429
10, 281
10,093
9,937
9,847
9,783

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
13, 378, 443
14, 620, 955

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
15,832,888
16,169,634
17,774,938

Cash

Balances
with other Other assets Total assets
banks *

626,027 3,245,992
572,218 2,922,339
503, 711 3, 344,135
505,993 3,421,710
566, 281 4,001,490
591,681
4, 523, 206
636, 569 4,376, 207
643,692 4, 568, 567
572,732 4,172,664
521,925 4,467,353
523,463 5, 239, 230
515,738 4,856,012
453, 223 3,428,633
384,078 3,261, 761
361, 566 4,157, 218
379,063 5,150, 264
487, 257 6, 253, 698
513, 719 6,737,026
515,946 7,504,167
511,828 9,039,962
566,286 11,240, 467
11, 658, 808

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
1,973,719
1, 760, 535

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
43,328, 549
46, 514,084

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
1, 428,973
1, 416,939

Surplus
Capital
and net
notes and undivided
debentures profits 2

322,461
274, 756
244,719
184,964
164,085
150, 474
128,171
114, 683

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
3, 291, 542
3, 394,756

Total
deposits

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
38,079, 051
41,198,026

Bills payable and
Other
•ediscounts, 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
24.059
20, 554

698,501
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
376, 753
369,126

O
O

O

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.—E ^

ment, reported (
1938 with "Othe
__ „
^
„
, ..__
. . ._ . . . . . .
......
r
r
for years 1925 to 1938, published in reports prior to 1939, have been further revised in that securities sold with agreements to repurchase are included with bills payable instead of with
"Other liabilities."
(See also tables 69 and 71 covering figures for all banks and national banks, respectively.)




6
3

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TABLE NO. 71.—Assets and liabilities of all active national banks, June 30, 1920 to 1941

CO

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[For figures covering 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.
1939.
1940.
1941

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
5,170
5,136

U.S.
Loans and Governdiscounts, ment and
including other secuoverdrafts
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
9,179, 227
10, 922, 483

Cash

Balances
with other Other assets Total assets
banks >

450,351
4,050,896
4,045,027
371,349
3,921,927
3,162, 533
4, 517,953 326,181
3, 644, 714
291,108
5,031,774
3,371, 515
5,107, 221 345, 219 4, 111, 973
5, 705, 230 359,605
4,432,323
359,951
5,842,253
4,430,415
6,393, 218 364,204 4,513,002
315,113
7,147,448
4,302,682
6,656, 535 298, 003 3,984.144
6,888,171 342,507
5,072,832
36S, 589 4, 626,606
7,674,837
338,404
7,196,652
3,147,457
288,478
7,371,631
3,830,4^8
9,348, 553 352,402
5,344, 563
405, 513 6,462,708
10,716,386
12,482, 625 531. 694 7,849, 732
12,122, 287 444, 598 7,933,271
8,922, 250
11, 644, 276 528,305
12, 552.886 530, 580 10. 544, 226
12,905, 275 582,303 13,294.801
14, 954, 794 709, 458 13,812, 200

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
923,474
915, 700

23, 276, 257
20,483,062
20,641,569
21,463,844
22, 535,439
24, 263,656
25,214,972
26,470,933
28, 280, 494
27, 275,362
28,872,439
27,474,561
22, 360, 529
20,855,579
23,900,184
26,056,473
29, 696. 756
30, 328,806
30,377, 560
33,180, 578
36,885, 0S0
41, 314, 635

Capital

1,224,166
1, 273,880
1, 307, 216
1,328,891
1,334,011
1, 369,435
1,412,872
1,474,173
1, 593. 856
1, 627,375
1,743,974
1,687,663
1, 568,983
1, 515,647
1,737,827
1,809,503
1,691, 375
1, 582,131
1, 572,900
1, 562, 956
1, 534, 649
1, 523, 383

Surplus
and net
undivided
profits 2
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
1,825, 556
1, 941, 792
2,074, 758

Circulation

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

Total
deposits

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
33,074, 407
37, 351, 303

Bills payable and
rediscounts,
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
2,910
2,005

Other
liabilities

728,362
396,926
294,234
285,782
222,070
328,105
393.970
418, 305
594,738
588, 892
737,862
717.488
421,175
367, 397
248,120
220,840
326,855
341, 512
278, 261
318,057
331,322
363,186

* 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.
8
Licensed banks; i. e., those operating on an unrestricted basis.
NOTE.—Figures in above table have been revised since published in reports prior to 1939 to exclude acceptances of other banks and bills of exchange or drafts sold with endorsement, reported as "contingent liabilities" beginning in 1939. 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
for years 1925 to 1938, published in reports prior to 1939, have been further revised in that securities sold with agreements to repurchase are included with bills payable instead of with
"Other liabilities."
(See also tables 69 and 70 covering figures for all banks and State and private banks, respectively.)




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TABLE NO. 72.—Federal Reserve notes, segregated by series, printed, shipped and cancelled, issued to banks, retired and destroyed since
organization of the Federal Reserve banks with balance in vaults and amount outstanding Oct. 31, 1941
VAULT BALANCE OCT. 31, 1941, 1914-18 SERIES
Fives
Total printed
$5, 370,100,000
Total shipped and cancelled- 5, 370,-100, 000
Total on hand
0

Tens

Twenties

One hundreds

Fifties

$5, 978, 520, 000 $6,092, 240,000 $1, 283, 800, 000
5, 978, 520,000 6,092, 240, 000 1, 283, 800,000

Five hundreds

$884,400,000
884, 400,000

$173,000,000
173,000,000

0

0

One thousands

Five thousands

Ten thousands

Total

$333, 600,000 $108,000,000 $184,000,000 $20,407, 660,000
333, 600,000 108,000, 000 184,000, 000 20, 407,660,000

3

0

O

&2, 883, 780, 000 $10,143,600,000 $7, 778, 880,000 $2, 261,000, 000 $3, 222, 800, 000 $1, 285,160, 000 $1, 780, 796,000 $216, 840, 000 $302, 880, 000 $29, 875, 736, 000
Total printed
9,622,200,000 6, 771,040,000 1, 605, 400,000 2, 314, 400,000
706, 280, 000 1,169, 396, 000 106,120, 000 161, 720, 000 24, 795, 756, 000
Total shipped and cancelled- 2, 339, 220,000

O
O

0

0

0

0

0

0

V A U L T B A L A N C E O C T . 31, 1941, 1928-34 S E R I E S

Total on h a n d

544, 560, 000

521, 400, 000

1, 007, 840,000

655, 600,000

908, 400, 000

578,900,000

611,400,000

110,720,000

141,160,000

5,079, 980, 000

M

I S S U E D , R E T I R E D A N D O U T S T A N D I N G , O C T . 31, 1941, 1914-18 S E R I E S
Total issued
Total retired

$6,148, 375, 250 $6,990, 812,040 $7,192, 258,040 $1, 486, 660, 050 $1, 111, 562, 800
\ 137, 320, 960 6, 978, 504, 840 7,175, 568, 680 1, 479, 700,900 1,103, 767, 000

Total outstanding

11, 054, 290

12, 307, 200

16, 689, 360

6, 959,150

7, 795, 800

$184, 528, 500
182,994, 000

$424,150,000
419, 998, 000

1, 534, 500

4,152, 000

$73, 340, 000 $127, 260, 000 $23, 738, 946, 680
73, 280,000 127,170, 000 23, 678, 304, 380
0,000

90, 000

60, 642, 300

I S S U E D , R E T I R E D A N D O U T S T A N D I N G , O C T . 31, 1941, 1928-34 S E R I E S

Total issued
Total retired
Total outstanding

$3, 038, 724, 250 $11,399,155,000 $8, 443, 895,000 $2,003, 604, 350 $2,934, 563, 300
2, 901, 485, 935 8,976, 570,830 6,143, 243, 260 1, 347, 533,050 1, 627, 441, 500
137, 238, 315




2, 422, 584,170

2, 300, 652, 340

656,071, 300

1, 307,121, 800

$765,178, 000 $1, 392, 694, 000
510, 866, 500
833, 295, 000
254, 311, 500

559, 399, 000

$95, 035, 000 $236, 030, 000 $30, 308, 879, 500
67, 510, 000 183, 450, 000 22, 591, 396,075
27, 525, 000

52, 580, 000

O

7, 717, 483,425

o

TABLE N O . 72—Federal Reserve notes, segregated by series, printed, shipped and cancelled, issued to banks, retired and destroyed since
organization of the Federal Reserve banks with balance in vaults and amount outstanding Oct. 31, 1941—Continued

8

MUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF THE FEDERAL RESERVE BANKS AND ON HAND IN VAULT OCT. 31, 1941, 1914-18 SERIES
One hundreds

One thousands

Five thousands

Ten thousands

$6,736,000
62,303, 500
3, 375, 000
7, 698, 500
2,002,000
13, 213, 500
14, 982, 000
3, 356, 500
1,986,000
3, 548,000
2,178, 500
10,086, 000

$20, 542,000
123,959,000
13, 469, 000
8,673,000
8, 361, 000
41,833,000
18,809,000
4, 268, 000
2, 756, 000
4, 325, 000
4, 363, 000
21, 690, 000

$3,995,000
7,985,000

$8,010,000
15,970,000

1,980,000
2, 000, 000

3,970,666

13, 990,000

19, 960, 000

$1, 825,856, 860
5,198, 532,970
1, 949, 281, 750
1,959, 309,170
982, 663, 965
1, 047, 836, 085
2, 925, 680, 220
697, 533, 495
444,911,860
617, 451, 265
438, 398, 480
1, 823, 461, 580

857,004, 200
857,004,200

131, 465, 500
131,465, 500

273,048,000
273, 048, 000

35, 940, 000
35, 940, 000

55, 910, 000
55, 910, 000

19, 910,917,700
19, 910, 917, 700

0

0

0

0

0

Five hundreds

Fives
Boston
New York
Philadelphia
Cleveland
_ _. _
Richmond
Atlanta
Chicago
. _
St. Louis .
Minneapolis
Kansas City
Dallas
San Francisco
Total received
Total destroyed
Balance on hand

Tens

Twenties

$451, 342, 350
1,486, 273,130
518, 356, 950
365, 365, 040
229, 269, 625
271, 637, 925
822, 576,060
208, 086, 735
145, 906,110
219, 003, 535
142, 338, 760
458,149, 490

$696, 468, 240
1,763,830,670
565, 290, 820
437, 699, 280
274, 770,120
313,027, 440
846,160, 530
214, 595, 680
143, 240, 350
164, 037, 890
129, 572, 320
413, 399, 460

$514,117, 220
1,171,167, 520
600, 540,080
768, 754, 400
338, 051, 520
317, 815, 820
932,867, 780
214, 257,080
131, 248, 700
182, 712, 240
136,939,900
713, 238, 380

$52, 364, 550
261,366,850
185,169,900
298,918,950
82,820,900
43, 227,300
198, 533,750
28,404,300
7,929,800
18, 495, 500
10, 735,100
67,473,950

$72, 281, 500
305,677,300
63,080,000
66, 250, 000
41, 388,800
47,081,100
87, 761,100
18, 565, 200
11,844,900
25, 329,100
12, 270, 900
105, 474, 300

5, 318, 305, 710
5, 318, 305, 710

5,962,092, 800
5, 962, 092, 800

6,021, 710,640
6, 021, 710,640

1, 255,440,850
1,255, 440,850

0

0

0

0

Fifties

3,990,000
2,000, 000

4, 000, 000
4, 000, 000

Total

8

0

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, RECEIVED AND D E S T R O Y E D SINCE DATE OF FIRST S H I P M E N T (APR. 30,1929) AND
ON HAND I N VAULT OCT. 31, 1941,1928-34 SERIES

Boston
. ...
New York
Philadelphia
Cleveland
Richmond
Atlanta .
Chicago
St. Louis _
Minneapolis
Kansas City
Dallas
San Francisco
Total received
Total destroyed

_.

$315, 000
1, 275, 000

$580,000
4, 540,000

215,000
405, 000
85, 000
1, 080, 000
90,000

1,120,000
6, 220, 000
130,000
640,000
200, 000

70,000
40,000

2, 270, 000
140, 000
100, 000

$1, 288, 493, 970
3, 377,856, 610
1,281,084, 280
1, 382, 979, 335
995, 515. 625
708, 097, 915
2,127, 874, 970
639, 385, 285
313, 583, 950
470,237,805
357, 324, 895
1, 078, 686,435

172, 514, 000
171, 284,000

3, 575, 000
3, 545,000

15, 940, 000
15, 540,000

14,021,121, 075
13, 952, 385,725

1, 230, 000

30, 000

400, 000

68, 735, 350

$143,371,930
360, 838, 480
193, 558,120
152, 859, 085
88,114, 725
185, 748, 295
228/243,180
141, 355,355
43, 784, 910
56, 717, 395
83, 359,145
188, 735,065

$782, 011, 510
1, 805, 707,180
623, 709,130
608, 711, 820
399, 970, 680
294, 497, 650
1,044, 208, 770
296, 316,160
158, 732, 960
212, 633, 570
156, 921, 500
442,101, 900

$270, 041,080
800, 618, 600
343, 223,380
502, 751, 380
403, 591, 920
161,154, 720
646, 360, 720
162, 606, 320
98, 399,080
153, 477, 740
94, 693,100
365, 578,820

$39, 785,850
130,257,850
80, 353, 550
74, 700, 950
50, 705, 500
19, 798, 250
94, 368, 700
12, 710,650
3, 896, 800
12, 304,100
7,109, 450
27, 773, 650

$41, 443, 600
163, 352, 000
33, 503,100
24,921, 600
32,173, 800
24, 978,000
60, 354, 600
20,122, 800
7, 215, 200
20, 398,100
11, 922, 700
46,455, 500

$3, 734,000
44, 947, 500
2, 587,000
6,825, 500
1, 889, 000
6,102, 000
17, 265, 000
2, 259,000
671,000
3, 397, 500
1, 263, 000
2, 839, 500

$7, 211,000
66, 320, 000
4,150,000
10, 874,000
12, 445, 000
15, 604, 000
35, 354, 000
3, 725, 000
884, 000
8, 969, 000
1,876, 000
5,102, 000

1, 86G, 685, 685
1,866,169, 735

6, 825, 522, 830
6, 784,346,030

4, 002, 496,860
3,982,011, 260

553, 765, 700
551,468,000

486,841, 000
484, 705,200

93, 780, 000
93, 316, 500

515, 950

41,176, 800

20,485,600

2,297, 700

2,135,800

463, 500

Balance on hand




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303

EEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 73.—Loans on and purchases of preferred stock of national banks disbursed by the Reconstruction Finance Corporation from Mar. 9, 1933, to June 30,
1941, inclusive; and outstanding as of June 30, 1941
Disbursed
Number
of banks

Alabama
Arizona
Arkansas..
California
Colorado
Connecticut-.
Delaware
District of Columbia 2.
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas.
Kentucky
Louisiana
Maine
Maryland
MassachusettsMichigan. __
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

27

Amount

Outstanding
Number
of banks

3
24
63
33
16
4
2
13
18
10
135
51
49
46
29
15
13
13
43
54
97
15
31
20
50
3
9
138
6
241
18
31
83
40
20
200
3
6
27
27
148
8
9
36
23
36
57
10
1
1

$11,346,800
1, 540,000
1, 570,000
67, 376, 725
4,143, 500
3, 723,426
137, 300
1,100,000
1, 330, 000
1, 722, 500
1, 840, 000
84, 525,114
7,188, 500
6, 512, 500
2, 282, 500
3, 397, 350
4,400,000
2, 610, 000
2,998,170
10, 723, 200
20, 766, 760
13, 867, 525
2, 652, 650
8, 737,125
1. 511, 000
5, 849, 950
175, 000
686, 635
34,122, 436
410, 000
129, 573, 731
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, 651, 625
1,325,000
560, 000
3, 917,400
3,090, 000
3, 445, 067
15, 545,100
702, 500
37, 500
125, 000

10
1
12
32
18
15
4
1
5
10
6
84
24
24
27
10
12
8
9
16
30
37
11
21
5
23
1
5
111
4
155
9
10
50
15
5
148
3
3
14
19
90
5
7
19
9
16
33
5

2,055

576, 663, 662

1,192

1

Amount l
$4,035, 700
700,000
646,000
51, 260, 897
916, 700
2, 601,135
119, 300
631, 200
232,000
736, 500
840,000
4, 519, 200
2, 500,980
846, 250
966,475
1,405,950
2, 911, 500
489, 200
1, 819, 768
3, 496, 550
13,174,115
2, 088, 535
1, 325, 760
1, 969,100
176,800
738, 900
12, 500
147,135
25, 815, 918
272,600
16, 341, 803
251,000
267, 500
16,411,462
1,143, 701
114,400
10, 998, 707
346,105
926, 500
473,472
5, 264,102
8, 271,435
238, 311
319, 990
936, 375
1,647,925
397, 788
9, 264,850
200,650
119,000
201, 331, 744

* Amount outstanding includes repayments unallocated, pending advices, as of June 30,1941.
2 Includes capital investments in banks other than national, except export-import banks of Washington.




304

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 74.—Loans made by the Reconstruction Finance Corporation to aid in
the reorganization or liquidation of closed national banks from Feb. 2, 1932, to
June 80, 1941
State
Alabama.-l
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
356,251
2,854.683
439,020
2,536,948
720,504
204,631
364,207
9,256,400
4,731,649
2,344. 563
655,045

$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
300.496,044
2,638,747
2,902,400
7,971, 500
465,200
1, 518,127
1,005,000
23,729,490
465,000
44, 268,594
7,134,900
2,589,265
14,387,664
2,261.303
3,237,800
82,884,085
7,394,180
1,295,184
16 761,143
5,966,434
39,500
1, 349,800
2,199,700
11,705,370
8, 529,884
7,101,721

231,300
799,435
643,476
2,487,637
45,885,600
571,693
599 675
2, 316,759
127,700
376,603
259,200
6,744, 348
104,157
7,050.088
1,819,192
919,748
3,496,129
992. 548
455,668
23.088 445
1,542,866
276,621
1,057,479
1,011,947
4, 500
284,801
412,335
1,636,615
1,287,893
1,646, 766

709,502,462

135, 527,796

Amount
disbursed
$790,898
149,400
1,428,949
11,093,802
1,428,930
14,127,393
1,145,796
309,169
3,264,193
28,493,413
16,499,278
9,056,439
1,630,655
6,473,904
105, 000
11, .023,765
2,855,560
7,763,063
248,437,878
2, 067,054
2,302,725
5, 654,741
337, 500
1,141,524
745,800
16,985,142
360,843
37 088, 506
5,315,708
1,669,517
10.891,535
1, 268,755
2,782,132
59, 751,140
5,851,314
1.018, 563
15,703,664
4,954,487
35,000
1, 064,999
1,787,365
10,068,755
7,241,991
5,454,955
567,621,200

TABLE NO. 75.—Summary of unlicensed national banks in the United States, and nonnational banks in the District of Columbia, on Mar. 16,
1933, and unsecured liabilities released to June 30, 1941, grouped in accordance with final disposition
N A T I O N A L BANKS I N U N I T E D STATES A N D N O N N A T I O N A L BANKS I N T H E D I S T R I C T 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 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

Capital at
date of organization

Capital as
of Dec. 31,
1932, or as
reported in
conservators'
first reports

Total assets
as of Dec. 31,
1932, or as
reported in
conservators'
first reports

292 $18,947,300

$28,614,800

Number of
banks

Total borTotal deposits rowed money
as of Dec. 31, as of Dec. 31,
1932, or as
1932, or as
reported in
reported in
conservators' conservators'
first reports
first reports




Unsecured
liabilities
released

Percent
of unsecured
liabilities
released

$395,468, 355

$306,821,531

$14,981,975

$305,638,919

$305, 638,919

100.00

17
18
282
248

710,000
875, 000
22, 308, 000
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

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, 072, 541
9,953,864
257,125, 309
260,689,403

96.20
97.83
85.85
94.62

21
236
13

1,905,000
27, 710,020
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, 548, 592
81,455, 922
430, 618

20, 070, 016
862,831, 838
1,343,597

18, 560,174
788, 284, 674
1,343, 597

92.48
91.36
100.00

101,135,. 762
35, 799, 831
138, 209, 538
212,627,465 il, 922, 698, 738 1, 751, 804, 243

73.18

290
1,417

22,922, £00
238, 885,486
152, 383, 758
13, 238,000
198,457, 820 2, 687,402,137 1,971,960,022
10,845,320
N A T I O N A L BANKS I N U N I T E D S T A T E S

Banks licensed after capital corrections
$28,614, 800
$395,468,355
$306, 821, 531
292 $18, 947, 300
Banks reorganized by waiver or rehabilitation:
7,108,070
10,141,429
Banks absorbed by another national bank
610, 000
990, 000
16
10,174, 715
1,335, 000
14, 509, 635
Banks absorbed by a State bank
875,000
18
299, 457, 744
39,512, 500
440, 244,005
Banks reopened under new charter
282 22,308,000
275,308,142
21,893,000
361, 671, 765
Banks reopened under old charter
248 14, 772,000
Banks reorganized by Spokane sale:
21,180, 684
20
1, 855,000
2,200,000
28, 369, 729
Banks absorbed by another bank
889, 247, 893
79,425, 020 1,181, 830, 883
Banks reopened under new charter
230 27, 355,020
380,000
525,000
2, 725,441
1, 343, 597
B anks placed in voluntary liquidation
13
Banks placed in receivership, plans for reorganization
233, 686,104
13, 038, 000
22,722, 500
148, 824, 874
having been disapproved
1,407 100,140, 320
197, 217, 820 2, 668, 647, 346 1,959, 467, 250
Total
N O N N A T I O N A L BANKS I N T H E D I S T R I C T OF C O L U M B I A
Banks reorganized by waiver or rehabilitation: Banks
absorbed by another bank
Banks reorganized by Spokane sale:
Banks absorbed by another bank
Banks reopened under new charter
Banks placed in receivership, plans for reorganization
having been disapproved
Total

Unsecured
liabilities

$14, 981, 975

$305, 638, 919

$305, 638, 919

100.00

1,013,363
1,311,671
46, 856, 330
27, 243, 742

7,107,967
10,174, 715
399,493, 920
275, 505, 008

6,814,612
9,953, 864
257,125, 309
260, 689,403

95.87
97.83
85.85
94.62

2, 489, 704
79, 643,033
430, 618

19, 335, 872
856, 828,876
1, 343, 597

17,826, 030
783,192,440
1, 343, 597

92.19
91.41
100. 00

97,432, 838
34, 711, 546
132,514,223
208, 681, 982 1, 907, 943, 097 1, 740, 017,012

73.53
91.20

$100,000

$400,000

$3,915,386

$2, 323,220

$985,421

$2, 323, 220

$2,257,929

97.19

50,000
355, 000

100,000
540,000

8, 641,025

753, 478
5,857,190

58, 888
1, 812,889

734,144
6,002,962

734,144
5,092,234

100. 00
84.83

200,000
705,000

200,000
1,240,000

5,199, 382
18,754,791

3, 558,884
12, 492, 772

5, 695, 315
14,755,641

3, 702, 924

65.02

11, 787,231

79.88

1, 088, 285
3,945,483 |

306

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 76.—National banks in charge of receivers during year ended Oct. SI, 1941,
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

Date receiver
appointed

ALABAMA

First National Bank, Abbeville i*_

.

1526

First National Bank, La Pine

15

/

10799

{

853

10799

Aug. 17, 1901 u $100,000
100,000
Aug. 17, 1901
is 25,000
Aug. 3, 1915
25,000
Aug. 3, 1915

10854

May 4,1916

7632
12819
11461
8504
12988
10228

Feb.
Aug.
July
Dec.
Aug.
June

f
{

5987
5987

Nov. 14, 1924

Mar. 21, 1940

Mar. 3,1981

80,000

May

1,1934

11,1905
29,1925
7,1919
18,1906
6,1926
26,1912

1,000,000
300,000
450,000
2,000,000
125,000
75,000

Aug.
Feb.
June
Jan.
July
Jan.

18,1931
17,1932
7,1932
21,1933
13,1933
15,1934

12637 Jan. 16,1925

50,000

June 26,1939

Feb. 28,1933

Oct. 29, 1937

ARIZONA

None
ARKANSAS
2817

Lee County National Bank, Marianna7
CALIFORNIA

1658
1977
2036
2244
2310
2687

United States National Bank, Los Angeles-Seaside National Bank, Long Beach __
First National Bank, Beverly Hills
California National Bank, Sacramento 7
City National Bank, Huntington Park
Anaheim First National Bank, Anaheim 7 ..
COLORADO

None
CONNECTICUT
2958

Plantsville National Bank, Plantsville 4
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
10069

Dec. 23,1927
Aug. 1,1911

500,000
200,000

Dec. 23,1930
Feb. 27,1934

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
10355
1882
1465
3102
4520
1816
4325
10237

May
Mar.
Aug.
June
Dec.
Oct.
Mar.
Apr.
July

3,1920
7,1913
4,1871
26,1865
20,1883
29,1890
8,1871
8,1890
25,1912

200,000
250,000
200,000
200,000
400,000
700,000
750,000
300,000
300,000

June
June
July
Oct.
Oct.
Feb.
Feb.
Apr.
June

12426

July 31,1923

175,000

FLORIDA
1470
2745

City National Bank in Miami
First National Bank & Trust Co. in Orlando.7
GEORGIA

None
IDAHO

None
ILLINOIS
1596
1597
1601
1604
1609
1629
1711
1715
1961
1968
2013
2051
2055

Washington Park National Bank, Chicago.
Inland-Irving National Bank, Chicago
Manufacturers National Bank & Trust Co.,
Rockford.
Security National Bank, Rockford
Waukegan National Bank, Waukegan
Will County National Bank, Joliet
National City Bank, Ottawa
Calumet National Bank, Chicago
Joliet National Bank, Joliet
Rockford National Bank, Rockford. 9
Forest City National Bank, Rockford
Bowmanville National Bank of Chicago,
Chicago.
First American National Bank & Trust Co.,
Berwyn.

Footnotes at end of table, pp. 386 to 389.



18,1931
22,1931
15,1931
6,1931
7,1931
10,1932
12,1932
19,1932
21,1932

do

307

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, 1941
Liabilities

Circulation

Assets and assessments

I

Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total liabil- Lawful Outstand- Book value
ities estab- money
ing
of assets
lished to deposited date at
at date of
of
date of
failure
to retire
failure
report

Total deposits at
date of
failure

Additional
liabilities
established
to date of
report

17 $145,412
148,459
is 50,808
50,808

1 U, 095
7
™628
628

1 $158,117
7
158,117
is 74,320
74, 320

334,983

395, 233

45,379

775, 595

175, 577
1, Oil, 963
2,119,977
142,482
262,080

7,798,942
975,185
5,197,831
11,258, 781
635,961
368, 375

783, 808
7,352
122. 612
186,038
24,972
35, 611

8, 582, 750
1,158,114
6, 332,406
13, 564,796
803,415
666,066

421,461

51,907

473,368

u $8,610
5,563

« n, 884.
22,884

4,095

17 $98, 500 17 $98,500
98,500
98, 500

17 $881,865
281,865
1*118,875
118, 875

Additional
assets received
since date
of failure

1 $5,756
7
1,523
18 7, 731
8,073

853
1526

827,902

97,900
400,000
1, 701, 580

50,000

50,000

2817

8,937, 321
1,470, 598
6,874,856
15, 724, 822
926,050
736,038

217,721
50, 738
509,777
452,409
12, 505
10,554

1658
1977
2036
2244
2310
2687

380,181

97,900
400,000
1, 701, 580

88,938

104,276

2958

2,953, 219

10,147,364

149,987

13, 250, 570

984,400

984,400

14, 754,878

210,946

2285

4,289,129

9, 583, 792

396, 539

14,269,460

49,817

49,817

17,095, 563

289, 318

2514

1,061, 693

6,077, 504

218,922

7,358,119

903,000

903,000

8, 601,400

527, 332

2540

362,960
515, 526

5,996,970
2,114,277

124, 363
130,191

6,484,293
2, 759,994

50,000

50,000

7,336,197
3,077, 336

233, 696
157, 692

1470
2745

901,957
200,055

7, 521, 346
4,169, 504
4, 237,013

44,441
192,901
64,180

7,565,787
5, 264, 362
4, 501, 248

500,000
296, 760
196, 760

500,000
296, 760
196, 760

8, 544,106
5, 704, 212
5,181,863

357,841
165,883
174,782

1596
1597
1601

158, 500
163, 501
214,000
162, 250
482,691
1,035,955
601, 501
180,000
608, 667

1,908, 707
2, 870,921
2, 662, 267
982,853
2, 299, 269
3, 512, 518
4, 450,746
2,005, 242
1, 665,187

17, 857
33,824
54, 873
12,951
102, 587
87, 766
23,448
19, 719
102, 567

2, 085, 064
3,068, 246
2,931,140
1,158, 054
2, 884, 547
4, 636, 239
5,075,695
2, 204, 961
2, 376, 421

197,060
250,000
198,500

197, 060
250,000
198, 500

99, 520
97,180
199,980
198,620
35,000

99, 520
97,180
199,980
198, 620
35,000

2,410, 056
3,477,495
3,187, 206
1, 372, 779
3, 506,809
5, 593, 552
6, 771,469
2, 882, 783
2,654, 845

132, 712
142, 277
182, 566
195, 294
212, 577
426, 264
704, 775
221, 251
179, 920

1604
1609
1629
1711
1715
1961
1968
2013
2051

167, 646

523, 510

98,373

789, 529

882,846

82, 640

2055




I

308

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31, 1941,
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

Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.

Total assessments upon
shareholders

Total assets
and stock
assessments

Cash collections from
assets

Cash collections from
stock
assessments

" $100,000
100,000
i8 25,000
25, 000

17 $387, en
383, 388
1*151,606
151, 948

17 $116,084
111,849
is 44,353
44, 696

7 $52,589
53, 006
18
/ / , HI
11,341

$4, 243
™l,505
1,505

2817

80, 000

996, 840

643, 086

15, 470

51, 546

76, 450

1658
1977
2036
2244
2310
26S7

1,000,000
300, 000
450, 000
2, 000, 000
125,000
75, 000

10,155,042
1,821,336
7. 834, 633
18,177, 231
1,063,555
821, 592

6,170,116
863, 525
4,219,664
10, 382. 781
630,293
481,683

531, 61S
163,315
209, 823
1,488,607 |
20.302
24,785 I

419, 839
71, 876
282, 280
768,132
45, 711
56. 361

815, 260
61,988
515, 747
1, 659, 613
37, 393
31, 298

25, 000

509, 457

35S, 548

1,767

5,887

853
1526

2285

1,000,000

15, 965, 824

11,030,076

2514

2, 000, 000

19, 384, 881

10. 148, 065

2540

1,000,000

10,128,732

5, 834, 049

1470
2745

500, 000
200, 000

8, 069, 893
3, 435, 028

1596
1597
1601

600,000
525,000
500, 000

1604
1609
1629
1711
1715
1961
1968
2013
2051

200, 000
250,000
200, 000
200, 000
400, 000
700, 000
750, 000
300, 000
300, 000

2055

175, 000

Unpaid
balance,
R. F. C.
loans

Offsets
allowed
and
settled

17

$5,853

18

5,853

5,025
5,025

36, 261

283, 326

915, 821

628,916

1, 455,139

1,089,579

1,161,454

757,459 I

519,181

834, 374

3, 470, 838
1, 991, 479

338, 970
170,570

355, 073
124,171

9, 501, 947
6, 395,095
5, 856, 645

4, 778, 465
3,174, 235
3, 250,164

289,011
223,963
304, 347

377,180
249, 954
248,817

651,854
503,894
373, 661

2, 742, 768
3,869, 772
3, 569, 772
1, 768, 073
4,119, 386
6, 719, 816
8, 226, 244
3, 404, 034
3,134, 765

1,145, 761
1, 870, 413
2, 225,964
729, 852
1, 799, 030
3,038, 885
3, 476,127
1, 866,162
1,519,086

135,843
147, 614
141,715
56,460
223,148
319, 886
526, 781
212, 801
96, 268

51, 827
205, 686
260,718
67, 654
176, 389
344, 624
266, 644
138,048
152,134 |

221,150
296, 571
163, 308
126, 759
175, 668
403, 473
588, 785
266, 210
156,287

1,140, 486

339, 717

75, 816

47, 080 I

99, 780

Footnotes at end of table, pp. 386 to 389.




$111,600

706, 501
186, 302

REPORT OF THE COMPTROLLER OF THE CURRENCY

309

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, 19J+1—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. loans

Losses on
assets compounded or
sold under
order of
court

17 $174,526
174,951
18 62,224
62, 567

" $165,684
165,686
is 77,228
77,227

786, 552

197,304

7,936,833
1,160, 704
5,227, 514
14,299,133
733, 699
594,127

2,114, 561
595,823
2, 649,222
4,134,837
270,869
233, 611

$55,105

468,382
136,685
240,177
511,393
104,698
50,215

1658
1977
2036
2244
2310
2687

402,463

89,639

9

23,233

2958

12,858,139

1,740,437

1,566,395

716,674

13,854,237

4, 713,334

1,362,028

544,861

4,171,561

2514

7,945,063

1, 549,214

911,095

242,541

1,918, 207

2540

4,871,382
2,584,122

2,288, 526
1,057,247

1,104,028

161,030
29,430

183,352

1470
2745

6,096, 510
4,152,046
4,176, 989

1,367,480
2,191,966
1,732, 820

2,104,148

1,554,581
2, 520,284
2, 791, 705
980, 725
2, 374, 235
4,108,868
4,858, 337
2,483,221
1,923, 775

1,175, 857
804, 466
972, 099
709, 855
688,576
1,377,120
1,620,320
741, 575
678,692

562,393

525,989




Book value
of uncollected assets

Distributions by
Book value
Book value
conservators—
of remaining
of assets
uncollected
returned to
stock
shareholders' To secured
To unseassessments
agents
cured
creditors
creditors

17

$47,411
46,994
is 13,659
13, 659

853
1526

64,530

648,322
8,401
1,607
1,056,112
1, 200,338
1,791,012
480,700

$147,975

2817

2285

310,989
301,037
195,653

1596
1597
1601

64,157
102,386
58,285
143,540
176,852
380,114
223,219
87,199
203,732

1604
1609
1629
1711
1715
1961
1968
2013
2051

99,184

$230,087

2055

310

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 81,1941,
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

35,000
14,667
9,760

17 $12, 487
11,416
i« 25, 966

$1,071

25,965

13

432,652

1,338

5,121,636
586,680
1, 964, 967
7,623, 759
153, 575
186, 299

2,133, 285
464,827
2,928 ,625
6,122,182
504,610
345,105

6,706

39, 674

2958

Receivers'
salaries, legal
and other
expenses

17

" $U7,114
148, 569
is 21, 979
22,582

297, 338

is $t, 480
2,480

2817
1658
1977
2036
2244
2310
2687

Cash advanced Conservators'
salaries, legal
in protection
and other
of assets
expenses

118,003

853
1526

On unsecured
claims

Secured and
preferred liabilities paid
except through
dividends, including offsets
allowed

$14,925

13,895
« 11,786
11,527

$20,943

65,641

5,924
14,359

460,879
109,197
319,195
550,647
59, 830
48,364

60
2,545

18, 555

3,939,191

7,493,588

12,766

2514

2,135, 706

5, 769, 252

33,741

284,142

672,044

2540

1,423, 203

3,353,067

9,037

121,656

475,870

1, 514,353
1,231

2,571,536
2,121,220

15,750
329

60, 736

581,233
217,254

4,697,952
2, 214,688
3,090,158

839,972
1,570,307
821,850

5,587
2,441
1,282

457,051
364,610
263,699

849,436
1, 581,764
1, 524, 211
519, 724
1,003,057
1,851,086
2, 597, 879
1,736, 580
504,086

581,370
533,036
579,161
327,603
937,039
1,751,416
1,403,398
582,351
1,071,216

283
117,919
288, 321
26
54, 787
49, 816
59,096
3,361
22,142

123,492
225,861
221,506
86,901
233, 279
311,029
329,427
159, 669
234, 591

57,981

311, 261

9,048

142,442

2285

1470
2745

29

16,547

1596
1597
1601
1604
1609
1629
1711
1715
1961
1968
2013
2051

25,431
51,177
16,772

2055

F o o t n o t e s a t end of table, pp. 386 t o 389.




693, 291

311

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, 1941—Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of Comptroller
and receivers

Amount returned to
shareholders
in cash

Amount of
claims proved

17 $145,661
145,656
18
50,842
50, 699

335, 619

$179, 327

6, 382, 996
698, 013
3,407,463
7,416, 541
302,192
315, 761

46,896

425,418

Interest
dividend
(percent)

Dividend
(percent)

100
100
48.1
49. 433

s 79. 25

Sept.

853

29,1928

8 2. 794

June 13,1941
Jan. 31,1986
Jan. 12,1938

1526

June 20,1941

6 2.'

—.

80
84.05
58.097
100
54.05
59

D a t e finally
closed

2817

Dec.
Sept.
Sept.
Dec.
Mar.

1658
1977
2036
2244
2310
2687

20,1940
30,1941
30,1941
28,1940
31,1941

70

2958

2285

719, 274

5, 592, 541

70

787, 791

8, 367, 576

3 75

2514

644,023

3, 916, 571

3 85

2540

171,963

3, 772, 041
615,290

40
3 30

6, 692, 128
3, 650,986
3, 723, 082

95, 948

91, 740

1, 544, 429
2, 508, 311
2, 302, 414
817, 179
1. 870, 862
2, 845, 388
3, 598. 537
1, 607, 647
1, 259, 641

41, 661

461, 029

61,
153,
46,
94,
143,
451,

704
075
471
896
521
765
$1, 260

438775—42- - 2 1



Mar. 31,1941

Oct. 31,1941
Sept. 11,1941

70
60. 6Q
83
55
63
66
63
53. 5
65
72
100

40

1470
2745

1596
1597
1601

Feb.

1

12.5 !

5 8.02

21,1941

Dec.

21,1940

1604
1609
1629
1711
1715
1961
1968
2013
2051
|
i

2055

312

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 81,1941,
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

Date receiver
appointed

ILLINOIS—continued
2063
2077
2085
2124
2186
2216
2406
2548
2554
2602
2616
2677
2683
2840
2848
2892
2924

First National Bank, Wilmette
_..
Peoples National Bank & Trust Company
of Chicago.
Hyde Park Kenwood National Bank of
Chicago.
First National Bank in Aurora
.First National Bank, Lawrenceyille
Ayers National Bank, Jacksonville
Third National Bank, Mount Vernon
First National Bank, Odin 7_-_
First-Henry National Bank, Henry 7
First National Bank, Joliet 7
First National Bank, Tamaroa 7
First National Bank, Canton 7 7
First National Bank, Savanna
-.
National Bank of Niles Center 7
American-First National Bank, Mount
Carmel.7
Aurora National Bank, Aurora 7
National Bank of Pontiac 7
First National Bank, Du Quoin 7

10828
13311

Feb. 3,1916
Apr. 2,1929

13235

Aug. 1,1928

13655
5385
5763

July
May
Mar.
Jan.
Aug.
June
Aug.
Mar.
Apr.
Jan.
June
Apr.

$150,000 June 25,1932
1,000,000 June 27,1932
600,000

July

1,1932

28,1931
4,1900
25,1901
12,1901
3,1909
5,1865
1,1864
9,1907
2,1864
30,1907
14,1928
5,1901

200,000
100,000
500,000
150,000
25,000
50,000
1,040,000
40,000
100, 000
100,000
100,000
100,000

July 6,1932
Aug. 22,1932
Nov. 21,1932
Jan. 3.1933
Sept. 27,1933
Nov. 7,1933
Nov. 10,1933
Dec. 9,1933
Dec. 13,1933
Jan. 12,1934
do
May 31,1934

2945
2141
4737

Apr. 30,1883
Mar. 25,1874
Apr. 11,1892

300,000
50,000
100,000

June 18,1934
Sept. 26,1934
Feb. 6,1935

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
5392

Oct. 9,1906
Dec. 11,1916
May 21,1900

250,000
150,000
150,000

Jan. 27,1932
Feb. 10,1932
July 15,1932

1873
363

July 15,1871
Jan. 1,1864
May 5,1914

200,000
100,000
125,000

Oct. 3,1932
Sept. 6,1933
Oct. 2,1933

5689

9525
1482
512
8629
415
8540
13218
5782

INDIANA

Citizens National Bank, Kokomo
First National Bank, Logansport
Hammond National Bank & Trust Co.,
Hammond.
1931 First National Bank, Gary
1963 National Bank of America at Gary
2094 Peoples National Bank & Trust Co., Sullivan.
2145 First National Bank, Vincennes.-.
7
2366 First National Bank, Peru
2413 Peoples-American National Bank, Princeton.7
2417 First National Bank of Marshall County at
Plymouth. 7
2524 Old-First 7National Bank & Trust Co., Fort
Wayne.
2599 Farmers 7 & First National Bank, NewCastle.
2713 First National Bank, Linton 7
2738 First National Bank in Lowell»
7
2775 New Albany National Bank, New Albany _
7
2776 Second National Bank, New Albany
7
2822 City National Bank, Goshen
7
2836 First National Bank, Hartford City
2858 First & Tri-State National Bank & Trust
Co., Fort Wayne.*

1771
1800
1896

10551

June 19,1873

130,000

Oct. 3,1933

Dec. 20,1884

1,750,000

Nov. 2,1933

Aug. 11,1910

2119
3285

200,000

Dec. 8,1933

25,1904
11,1901
3,1865
6,1874
25,1872
18,1903
6,1882

100,000
50,000
150,000
300,000
100,000
75,000
2, 250,000

Feb. 1,1934
Feb. 21,1934
M a r . 23,1934
do
May 8,1934
May 23,1934
June 22,1934

2910

Mar. 16,1883

400,000

July 18,1932

4040

Apr. 15,1889

82,000

Nov. 19,1940

5312
2093
10779
6342

Apr. 23,1900
Jan. 14,1873
Aug. 3,1915
July 17,1902

4,000,000
300,000
100,000
100,000

Nov. 17,1930
Oct. 28,1931
Nov. 23,1933
Aug. 24,1937

9852
7411
5931
775
2166
2067
6959
11

July
July
Jan.
Aug.
Sept.
July
May

IOWA

2095

Commercial National Bank of Waterloo
KANSAS

2959

First National Bank, Burlingame 4 ;
KENTUCKY

1424
1775
2575
2947

National Bank of Kentucky, Louisville—.
City National Bank, PaducahFirst National Bank, Murray 7
The Taylor National Bank, Campbellsvine.4 20

F o o t n o t e s a t end of table, pp. 386 to 389.




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 earn-'
eating the progress and results of liquidation to Oct. SI, 1941—Continued
Liabilities

Circulation

Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

$57,560
2,061,344

$895,084
3,729,097

$94,964
195,551

$1,047,608
5,985,992

729,450

3,133,265

318,709

4,181,424

299,558
106,915
742,146
106,068
10,729
178,999
196,883

2,602,460
596,472
5,090,458
2,317,165
90,628
636, 757
6, 075, 283
443. 036
877,893
616, 396
1,447, 692

42,274
6,637
394,081
23, 229
3,992
18, 310
215,855
31,013
33, 349
151, 744
29,104
39,150

1,707,192
909,026
2,164,171

263,858

Additional Total liabil Lawful
liabilities ities estab
money
established lished to deposited
to date of
date of
to retire
report
report

Outstand- Book valu< Additional
assets re
ing at
of assets
ceived
date of
at date of since date
failure
failure
of failure

$100,000

$100,000

2, 944,292
710,024
6, 226,685
2,446,462
105, 349
834,066
6, 488, 021
514.026
971, 345
822, 714
982,345
1,873,931

198,200
50,000
492, 740
100,000
19,700

198,200
50,000
492, 740
100,000
19, 700

24, 347
99, 700

24,347
99, 700

98,950

112,026
44,109
160,436

2,863, 816
1, 336,443
2,951, 599

99,150
49,695
100,000

2,966,246
4,901,206
2, 569, 503

65,235
29, 263
167,468

3, 295,339
4,930,469
3,106,454

875,000
136,115
206,382

2,703,458
882, 274
1,165, 325

35,113
36, 566
27, 069

465,074
363,408
271, 593

899,703
1,099, 298
811,455

39,977
60,103
54,574
84,702
387,089
1,044> 598
383,308
626,992

823,642
7,782,834

14,443,693

Assets and assessments

$1,159,298
7,281,242

$85,988
295,492

4,849,770

500,014

2077

32,631
34,973
108, 726

98,950

3,323,919
801,994
7,100,636
2,709,026
126, 206
917,978
7,090, 832
508, 656
1,112,406
975, 989
1,129, 220
2,089, 284

725, 725
7,423
86,900
46, 207
32, 367
95, 666

2085
2124
2186
2216
2406
2548
2554
2602
2616
2677
2683
2840

99,150
49, 695
100,000

3, 212,901
1,401,992
3,181,016

247,124
103,812
52,893

2924

246, 340
384,460

246, 340
384,460

3,710,967
5, 238,138
3,419, 782

211,906
119, 377
259,073

1771
1800

3,613,571
1, 054, 955
1,398, 776

244, 240
93, 220
97, 660

244, 240
93, 220
97, 660

4,060,502
1,332, 910
1, 523,851

434,876
75, 772
69, 605

1931
1963
2094

34,421
48,113
55, 255

1, 399,198
1, 510,819
1,138,303

19,980
100, 000
100,000

19,980
100,000
100,000

1,608,940
1,631,840
1,268, 661

113,321
122, 775
91,961

2145
2366
2413

34,130

1,066,381

129,997

129,997

1,188,018

133,164

2417

4, 262,425 26,488,952

1,750,000

1,750,000

161,171
15,403
41, 536

2063

25,020, 700 4, 313, 564 2524

1, 064, 872

25, 041

1, 384,872

199, 400

199,400

1, 610, 536

119,863

2599

846, 220

17, 946
766
38, 664
73, 705
26,491
19, 094
11,954

864,867
35,071
1, 038, 214
1,957,056
1,094,465
430,844
3,028,620

100,000

100,000

38, 004

99, 550
292, 850
98,000
50,000

99, 550
292,850
98, 000
50, 000

977, 847
69, 945
1,199, 671
2, 333, 317
1, 224, 972
1,838, 573

98, 463
365, 763
62, 400
28,626
68, 236

2713
2738
2775
2776
2822
2836
2858

4, 531,689

86,100

5,334,939

5,839,684

380,039

2095

256,568

294, 959

243

256,811

300,706

70,035

701
34, 305
198, 239
129,980
299, 200
65, 758
3, 016,666

801, 311
1, 753, 371
768, 774
345,992

717,150

7,083,021 26,966,990
1,022,100 4,487,975
922,431
146, 493
1,479,121
50,000




909, 212 34,959,223
491,831
6,001,906
1,085,023
16,099
1,567,101
37,980

2, 500,000 2,500,000 40,301,411 4,027,457
300,000
300,000
6,109,945
982, 591
100,000
100,000
1,182, 555
13,171
1, 651,199
140,884

1424
1775

2575,
2947"

314

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 81,1941,
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 assessments upon
shareholders

Total assets
and stock
assessments

Cash collections from

Cash collections from
stock
assessments

Receivership
earnings, cash
collections
from interest,
premiums,
rent, etc.

2063
2069

$150,000
1,000,000

$1,395,286
8, 576, 734

$729, 763
4, 454, 298

$134,056
235,330

$75,413
402,868

$88,498
156,277

2077

600,000

5,949, 784

2, 958,327

215, 432

180, 495

513,271

2085
2124
2186
2216
2406
2548
2554
2602
2616
2677
2683
2840

200,000
100,000
500,000
150,000
25,000
50, 000

2, 203,041
482,036
3, 637, 722
1,909, 618
82,068
595, 825
5, 942,186
230,033
827, 295
717, 361
912, 703
1,123, 438

191,796
45, 685
135, 655
140, 111
13, 934
46, 024

40,000
100, 000
100, 000
100,000
100, 000

3, 556, 550
936, 967
7, 709, 362
3,020,197
166, 609
1, 009, 514
7,816, 557
556,079
1, 299, 306
1,122,196
1, 261, 587
2,284,950

29,759
83, 708
47, 416
69, 339
88,431

152,576
39, 795
156, 820
107, 850
12,872
63, 789
394,057
23, 211
63, 335
47, 774
114, 703
140, 652

251,046
39, 764
867,864
197,804
14,173
34,957
436, 793
29,198
44,019
32,096
45, 035
145,485

2848
2892
2924

300, 000
50, 000
100,000

3, 760, 025
1, 555, 804
3, 333, 909

2, 403,885
1, 085, 510
2,562, 493

211,217
26,114
42, 753

177, 860
69, 570
233, 069

209,473
74,693
119, 416

1771
1800
1896

350,000
250,000
400, 000

4,272,873
5, 607, 515
4,078, 855

2, 403,881
4, 267, 440
1,899, 239

296, 575
182,903
223,194

351, 585
494,042
170,147

286, 439
314,031
400,315

1931
1963
2094

250, 000
150, 000
150, 000

4, 745, 378
1, 558, 682
1, 743, 456

2, 849, 934
830, 323
933,176

143, 319
69, 277
96,037

207, 224
105, 618
98, 644

216,203
147,897
70,142

2145
2366
2413

200, 000
100,000
125,000

1,922, 261
1,854, 615
1, 485, 622

1, 028,062
1,195, 434

156,152
87, 422
90,175

81, 333
134, 485
85,830

168, 577
75, 472
77, 215

2417

130, 000

1,451,182

2524

1, 750,000

31,084, 264

2599

200, 000

1,930,399

838, 410

83, 536

98, 501

802,036

1,930, 780

964, 738
19,459,112

$80,000

Offsets
allowed
and
settled

56,168
3, 390, 339

128,994

2713
2738
2775
2776
2822
2836
2858

100,000
50,000
150,000
300, 000
100, 000
75, 000
2, 250, 000

1,115,851
120,016
1,448,134
2, 999, 080
1,387,372
602,059
4,156,809

1,189,933
715,187
22,350
670, 600
1, 571, 773
912,923
327,930
367, 279

2095

400, 000

6, 619, 723

3, 773,429

370, 741

94, 732

97,209

42,597

31,427

81,221
200,179
64,340
48,260
865, 201

97, 977
1,774
60,162
110,006
60, 789
35,800
39,031

67,605
146, 627
74,663
38, 978
6,910

188, 883

217, 961

446, 303

255, 330

2959

Unpaid
balance,
R. F. C.
loans

16,174
I

1424
1775
2575
2947

4,000, 000
300,000
100,000
100,000

48,
7,
1,
1,

328,
392,
295,
892.

868
536
726
083

26, 688, 088
3, 617, 259
772, 267
1, 408,329

F otnotes at end of table, pp. 386 to 389.




1, 061, 354
195,908
64, 912
22,202

996,153
381, 813
118,478
32, 488

4, 532, 302
547,422
142,551
76, 841

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. SI, 1941—Continued
Progress of liquidation to date of this report—Continued
Total collecLosses on
tions from all assets comsources includ pounded or
ing offsets
sold under
allowed and
order of
unpaid balance
court
R. F. C. loans

Disposition of proceeds
of liquidation-

Distributions byBook value Book value
conservators—
of assets
Book value of remaining
uncollected returned to
of uncolstock
lected assets
shareholders' To secured To unse*
assessments
agents
cured
creditors
creditors

$1,027,730
5,248,773

$308,673
1,916,889

$118,352
1,049,270

$15,944
764,670

3, 867,525

1,004,800

873,386

384,568

2077

2,798,459
607, 280
4, 298,061
2,355,383
123,047
740,595
6,853,036
312,201
1,018,357
844,647
1,141,780
1,498,006

902,463
315,167
2,949,399
689,650
45,368
328,732
535,893
116,300
327,992
272,739
196,057
916,027

254,377
73,125

8,204
54,315
364,345
9,889
11,066
3,976

2085
2124
2186
2216
2406
2548
2554
2602
2616
2677
2683
2840

3,002,435
1,255, 887
2,957,731

846,667
181,238
273,271

3,338,480
5,258,416
2,692,895

901,685
140,548

2063
2069

$1,312,437
10,241
16,292
52,584
30,661
11,569

221,901
401,196

164,363
278,729

88,783
23,886
57,247

337,162
181,232

760,439
750,398
1,365,228

472,114
25,646
14,073

53,425
67,097
176,806

1771
1800
1896

3,416,680
1,153,115
1,197,999

720,276
403,965
590,138

708,965
26,497

106,681
80,723
53,963

1931
1963
2094

1,434,124
1,492,813
1,091,630

525,622
483,709
444,997

43,848
12,578
34,825

2145
2366
2413

7,792

1,202,943

300,276

25,582,267

1,338,762

1, 510,868
887,188
33,008
879,588
2,028,585
1,112,715
450,968
1,278,421

4,626,576

1,999,991

280,362

2,119

97,118

33,277,897
4,742,402
1,098,208
1,539,860

3,618,937
2,435,186
280,908
55,385

0,489,541
492,669

46,464
5,146,051

2848
2892
2924

2417

947,964

4,363,554

2524

443,257

71,006

286,286

2599

269,237
28,275
559,929
960,680
299,786
160,151
1,532,620

57,403
41,116
68,779
99,821
35,660
26,740
1,384,799

240,368

2713
2738
2775
2776
2822
2836
2858




19,39l

211,117

251,528

$34,422

261,080
705,231
319,608

2095

2959

2,938,646
104,092
35,088 i
77, 798 !

1424
1775
2575
2947

316

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,1941,
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

2063
2069

Cash advanced
in protection
of assets

Conservators'
salaries, legal
and other
expenses

Eeceivers'
salaries, legal
and other
expenses

2,952

2848
2892
2924

$426,207
2,634,450

$3,240
75,938

$117,494
431,815

1,812, 595

107,269

321,799

1,846,064
360,603
985, 212
1,254,889
74,989
421, 585
1,907,756
124, 815
527,048
203,959
855,956
626, 846

713, 786
201,136
3, 073, 571
890, 284
25,254
234,010
3,182,870
98,175
197, 385
182, 501
129, 737
610,158

15,357

8,977
66,011
5,642
12,370
12,200
9,342
28,930

216,323
45, 537
195,627
112,799
20,436
76,023
327,379
50,376
59, 653
44, 791
74,564
96,904

1,133, 409
297, 734
632,492

6,929

$460,163
2,072,887
1,468,215

$3,749

2077
2085
2124
2186
2216
2406
2548
2554
2602
2616
2677
2683
2840

On unsecured
claims

Secured and
preferred liabilities paid
except through
dividends, including offsets
allowed

1, 345, 694
596, 996
2,092, 686

146
21, 768

59,784
31,256
66,055

126, 240
68,446
91, 895

94
5,467
42,856
3,578
20
32,427

1771
1800
1896

4,700
348, 326

2, 075,122
4,151,183
561,372

875,175
554, 955
1, 376,029

6,837
12
44,318

311,972
226,041
215,459

1931
1963
2094

44, 425
9,576
765

1,224, 983
573, 748
709, 796

1,849, 985
392,712
365,963

207,087
120,177
121, 280

2145
2366
2413

29,136
20,049
11,321

493,435
670, 916
552,351

822,440
705,022
418,275

14,487
1
195
116
288
125

2524

255,257

5,687,130

2599

16,156

588, 637
272, 641

2417

774,442

2713
2738
2775
2776
2822
2836
2858

2,747

2095

9,425

252, 676
701,000
278, 795
211,459
1,171,968

1

8,184

92,097

186,840

1, 298,297

524,277

1,997

25, 587

67,928

318, 697
24,105
286,502
480,946
440,083
195, 260

1,462

10, 674
159
17,822
30,598
26, 580
11,482

43,346
8,743
61,508
73, 641
47,362
32,722
68, 576

14,311

287
45
23,271

232,627

1,933,286

224,470

238, 547

30,079

1,280

12,121,011
2,037,530
344,874

109,826
4,883

17,208,097
1, 877,743
676.327
751,817

Footnotes at end of table, pp. 386 to 389.




81,319
101, 929

225,141

328,219
12, 763, 544

2,451,238

2959

1424
1775
2575
2947

15, 219
7,629

550

5,443

2,392,491
342,950
10,341
4,406

58,709

REPORT OF THE COMPTROLLER OF THE CURRENCY

317

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts dollected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 81, 1941—-Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of Comptroller
and receivers

Amount returned to
shareholders
in cash

Dividend
(percent)

Amount of
claims proved

$16,877
33,683

$613,048
3,289,036
2,305,974

Date finally
closed

75
63

157,647

Interest
dividend
(percent)

63.5

72,161
102, 741

2,215,704
507, 534
3,121, 651
1,529, 201
80,176
599, 098
3, 271, 989
415, 538
771, 794
637, 038
851,888
1,253,467

83.63
71.05
30
82
93.53
70.37
3 98
30
3 97.04
8 100
100
50

58,455
65,114

1, 517, 304
728, 746
843, 274

2,386, 075
4, 350, 434
1,873, 355

75,713
56,901

1, 683,159
639,928
1,028, 353

2077
June 14,1941
Jan. 24,1941

3 96.92
8 65.5
75

69, 374
321, 525
147,391

2063
2069

43, 557
88,992
13,727
29, 615

569, 622
809,851
721,177

•

is 6.5

Aug. 29,1941
Nov. 29,1940

June. 12,1941

2848
2892
2924

1771
1800
1896

86. 667
3 94
47.5
71.5
89
69.097

July

9,1941

1931
1963
2094

91.74
85.32
78.16

J a n . 24,1941
J u l y 16,1941
M a r . 20,1941

2145
2366
2413

«5.2

Sept. 22,1941

2417

«4.05

July

23,1941

2599

736,162

100

11,093,742

3 90

856, 395

802, 504

Apr. 15,1941
Oct. 20,1941

2085
2124
2186
2216
2406
2548
2554
2602
2616
2677
2683
2840

«100

2524

295

3 95.27

May

12,1941

3 68.304
3 97 533
3 91.68
90.25
38.880147

Dec.
Mar.
Mar.
Jan.

20,1940
26,1941
25,1941
25,1941

2713
2738
2775
2776
2822
2836
2858

3,404, 348

1

538,479
35,071
752,161
1, 479,909
652,708
234, 304
3,014,309

»72.28

A p r . 30,1941

2095

19,090

225,196

1,446,472
240,749

22,261,917
4, 048,085
738,994
884,491

44,289




100

8 77
50
91.52
85

2959

3.27

A p r . 22,1941

1424
1775
2575
2947

318

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,1941,
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

Failure

Date

Capital
stock at
date of

Date receiver
appointed

Nov. 18,1886

$1,000, 000

Feb. 21,1936

1446 June 24,1865
221 Jan. 4,1864
Jan. 28,1865

150,000
600,000
300,000

3827
4781

Aug. 15,1887
M a y 23,1892

100,000 Nov. 7, 1933
200,000 Jan. 8,1934

4252 Jan. 27,1890
6190 Feb. 12,1902
762 Jan. 3,1865

50,000 Jan. 9,1934
100,000 Jan. 15,1934
200, 000 June 28,1934

1431
4926
5331
4149

May
May
Apr.
Oct.

2,1865
24,1893
24,1900
30,1889

150,000
50,000
25,000
50, 000

12336
11903
12343
589
643

Mar.
Dec.
Mar.
Nov.
Nov.

19,1923
21,1920
30,1923
7,1864
28,1864

12661
12657
5594

Feb. 16,1925
Feb. 26,1925
Sept. 15,1900

50,000 June 17,1931
150,000 July 3,1931
200,000 Sept. 28,1931

4413
10143

Aug. 26,1890
Feb. 5,1912

100,000
200,000

9509
8703

July 21,1909
Apr. 24,1907

Charter
No.

LOUISIANA

2934

Commercial National Bank, Shreveport L..

3600

MAINE

2671
2685
2867

Rockland National Bank, Rockland 7
_.
First National Bank, Portland 7
Peoples-Ticonic National Bank, Water7
ville.
Presque Isle National Bank, Presque Isle 7~.
Fort Fairfield National Bank, Fort Fairfield.7
Farmers National Bank, Houlton77
_.
Caribou National Bank, Caribou
Ticonic National Bank, Waterville i

1701
2304
2824
2845

First National Bank, Hagerstown
Citizens National Bank, Frostburg K.
First National Bank, Midland 7 7
First National Bank, Frostburg

1848
1861
1946
2358
2935

Federal National Bank, Boston
Boston-Continental National Bank, Boston.
Middlesex National Bank, Lowell
Essex National Bank, Haverhill 7
Atlantic National Bank, Boston »

1603
1622
1690

First National Bank, St. Clair Shores
_.
First National Bank, Royal Oak
Commercial National Bank & Trust Co.,
St. Joseph.
First National Bank, Reed City
_.
American National Bank & Trust Co.,
Benton Harbor.
Baraga County National Bank, L'Anse
Guardian National Bank of Commerce, Detroit. 7
First National Bank-Detroit, Detroit 7
Union7 and Peoples National Bank, Jackson.
First National Bank at Pontiac * _
Grand Rapids National Bank, Grand
Rapids. 7
Citizens National Bank, Romeo 7 7
First National Bank, Birmingham
First National Bank, Ypsilanti 77
First National Bank, Rochester
First National Bank & Trust Co. at Flint 7
Capital National Bank, Lansing 7 _
First National Bank, Hillsdale 7 . . .
National Bank of Ionia 7
Iron County National Bank, Crystal
Falls. 7

2342
2536
2537
2545
2667

Aug. 18,1933
Nov. 6,1933
do
..

MARYLAND

Oct. 5,1931
June 8,1933
May 9,1934
June 4,1934

MASSACHUSETTS

2,005, 585
1, 000, 000
200,000
100,000
8, 950,000

Dec.
Dec.
Feb.
Aug.
Mar.

15,1931
22,1931
3,1932
29,1933
18,1936

MICHIGAN

1702
1872
2034
2299
2356
2381
2397
2446
2456
2477
2611
2749
2766
2791
2864
2897

10527 Apr. 22,1914
1533 June 28,1865
13600
3293

Feb. 26,1922
Jan. 2,1885

Oct. 5,1931
Dec. 29; 1931

50,000 June 2,1932
10,000, 060 May 11,1933
do.
Aug. 24,1933
500,000 Sept. 13,1933
1,000,000 Sept. 25,1933

25,000,000
700,000

2186 Aug. 19,1874
9874 Sept. 7,1910
155 Nov. 25,1863
9218 June 2,1908
10997 Apr. 13,1917
8148 Jan. 16,1906
168 Dec. 18,1863
5789 Apr. 9,1901
7525 Dec. 15,1904

50,000
200,000
150,000
100, 000
400,000
600,000
100,000
150,000
100,000

Oct.
Oct.
Oct.
Dec.
Feb.
Mar.
Mar.
June
Oct.

12,1933
14,1933
26,1933
12,1933
27,1934
13,1934
3,1934
26,1934
10,1934

May

55,000

Jan.

6,1939

MINNESOTA

2953

First National Bank, Preston *
MISSISSIPPI

None
Footnotes at end of table, pp. 386 to 389.




6279

8,1902

REPORT OF THE COMPTROLLER OF 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. 81, 1941—Continued
Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

$3,261,929

Circulation

Additional Total liabilLawful
liabilities ities estabmoney
established
lished to deposited
date of
to date of
to retire
report
report

$219,489

Assets and assessments

Outstand- Book value
ing at
of assets
date of
at date of
failure
failure

$3,481,418

Additional
assets received
since date
of failure

$4,979,086

$396,975

2934

152,109

$4,373,399
6,647,208
5,976, 675

25,870
42,990
44,652

4, 431,165
6, 690,198
6,173,436

$149,100
596,700
300,000

$149,100
596,700
300,000

4,786, 708
7,716,466
6,976,146

13,381
343,668
124,762

2342
2536
2537

788,461
760,769

2, 498,106
1,092, 787

26, 754
26,019

3,313, 321
1,879, 575

12,500
12, 500

12,500
12, 500

3, 602, 345
2,139,000

21, 286
116,456

2545
2667

189,710
825,839
567, 633

742,161
1,131, 645

16,130
104,659

948,001
2,062,143
567,932

25,000
12,500

25,000
12, 500

1,082,053
2,101,074
747,186

60,465
85,484
118, 731

2671
2685
2867

451,318
230, 539
40,614
333, 870

2,317,176
1,138,028
234, 277
1, 218, 519

21,005
35, 656
7,255
267, 522

2, 789,499
1,404, 223
282,146
1,819,911

148,080
49, 580
25,000
49,050

148,080
49,580
25,000
49,050

3, 289,072
1, 558, 256
307, 211
1,686, 718

292, 628
48,850
5,558
50,978

1701
2304
2824
2845

7,803,128
5,198, 605
2, 705, 916
29, 580, 801

2,384,488
442,495
72,419
207, 569
98,173

1848
1861
1946
2358
2935

31,896

1, 665, 386 24,452, 825
1,145,060 5,489,940
114, 210 4,842,072
6,824 2, 375,863
11, 376, 213

908,122 27,026, 333
330,081
6,965,081
8,308 4,964, 590
37,480 2, 420,167
388,818 11,765,031

1, 500,000 1, 500,000
894, 520
894, 520
176,960
176,960
100, 000
100,000

388~700"

676,110
743,053
2, 720,900

4,582
37,119
51, 769

690, 692
780,172
3,161,369

30,000
47, 360
147, 360

30,000
47,360
147, 360

687,015
880, 299
""" r09

91, 314
138,455
513, 267

1603
1622
1690

68,482
420, 500

1,184, 725
1, 692, 239

15, 239
42, 524

1, 268, 446
2,155, 263

50,000
197,420

50,000
197,420

1, 537, 296
2,411, 707

229, 658
119,496

404,956
108,947
105,146 113,866,273

20,188
534,091
1, 680,469 115, 651, 888

6,250
4,844,240

579,084
14,873
6,250
; 844, 240 131,132,809 10, 678, 685
,

1702
1872
2034
2298

16, 250,000 398, 798,006
1,919,004 7, 621, 645

3,018, 577 418,066, 583
411, 622 9,952, 271

9, 351,060
700,000

i 351,060 468, 615, 208 34,823,458
,
700,000 10, 724,075 1,027,059

2299
2356

25, 961 7, 235,853
2,456, 322 12, 838,053

212,886 7, 474, 700
95, 313 15, 389, 688

500,000
500,000

500,000
500,000

8, 288,805
16, 721, 890

1,070, 751
586,049

2381
2397

525, 762
55, 552
255,855 2, 346,905
158, 998 2, 300, 280
290, 436 1, 493,812
667, 224 6, 697, 624
1,160, 675 12, 446, 482
123, 363
766,461
121,472 1,115,091
128, 793
756, 213

22,013
603, 327
47,003
2, 649, 763
29,302 2, 488, 580
40,118
1, 824, 366
266,154 7, 631,002
115, 733 13, 722,890
48, 987
938, 811
117, 650 1, 354, 213
50, 996
936, 002

49, 640
100,000
150,000
50,000
200,000
600,000
99, 600
147, 700
24, 700

648, 792
49, 640
3,085, 701
100,000
150,000
2, 749,861
1,991, 777
50,000
8, 451,030
200,000
600,000 16, 355, 303
99, 600 1,020, 748
147, 700 1, 534, 790
24, 700 1,040,155

38, 386
254, 528
231, 761
163, 709
390,739
1, 272,122
58, 674
135, 977
43,276

2446
2456
2477
2611
2749
2766
2791
2864
2897

310,153

36,617

2953

10,000

306,087




34,198

340, 285

320

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. SI, 1941,
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 indiProgress of liquidation to date of this report

Continued

Total assess- Total assets
and stock
ments upon
shareholders

Cash collections from

Cash collections from
stock

Receivership
earnings, cash
collections
from interest,
premiums,
rent, etc.

2934

$5,376,061

Unpaid
balance,
R. F . C.
loans

Offsets
allowed
and
settled

$516,901

$3,416,245

2342
2536
2537

$150,000
600,000
300,000

4,950,089
8,660,134
7,400,908

3,734,718
5,839,969
4,882,688

$87, 790
560,357
146,673

253,933
236,567
321,455

$137,544
280,196
474,876

2545
2667

100,000
200,000

3,723,631
2,455,456

2,870,025
1,334,691

90,327
108,343

378,714
149,638

200,050
100,906

2671
2685
2867

50,000
100,000
200,000

1,192, 518
2,286,558
1,065,917

790,691
1,068,481
295, 530

24,602
74,073
113,689

76,146
128,851
27,611

49,244
66,075
3,693

1701
2304
2824
2845

150,000
50,000
25,000
50,000

3,731,700
1,657,106
337,769
1,787,696

1,827,762
1,045,037
174,018
930,286

123,005
37, 241
13,087
25,747

141,369
77,372
21,413
114,390

178,474
48,932
17,376
88,414

1848
1861
1946
2358
2935

2,005,585
1,000,000
200,000
100,000
8,950,000

33,020,733
9,245,623
5,471,024
3,013,485
38, 628,974

12,651,830
3,322,217
2,643,837
2,230, 797
10, 507, 630

504,957
263,448
27, 579
77,499
902,060

l,903,«U9
177,891
250,638
103,454
398, 522

2,269,454
1, 235,887
150,062
131,144

1603
1622

50,000
150,000
200,000

828,329
1,168, 754
4,201,976

345,934
315, 735
2,168,245

35, 252
58,092
154, 232

59,300
36, 217
325,841

163,102
135, 259
216,977

1702
1872

100,000
200,000

1,866,954
2, 731,203

713,150
1,805, 612

9,093
185, 257

80, 950
224,669

110,789
134,520

2034
2298

50,000
10,000,060

643,957
151,811, 554

347,302
94,192,320

36, 513
4,000,000

40,996
3,575,514

67,181
7,840,641

2299
2356

25,000,000
700,000

12,451,134

359,901, 529
6,405,572

19,273,984
280,000

2381
2397

500,000
1,000,000

9,859,556
18,307,939

7,160,988
10,907,912

407,798
400,000

577,003
940,697

234,463
1,060,893

2446
2456
2477
2611
2749
2766
2791
2864
2897

50,000
200,000
150,000
100,000
400, 000
600, 000
100, 000
150,000
100,000

737,178
3, 540,229
3,131,622
2, 255,486
9, 241, 769
18, 227, 425
1,179,422
1, 820, 767
1,183, 431

359,073
1,907,119
1,662, 576
1,337, 483
6,434,822
11,400, 808
605,336
1,162, 855
686,118

22, 711
113, 280
128,431
78, 694
358,478
240,000
49, 272
60,000
45, 844

37,939
162,005
149, 328
171,107
788,505
945,597
50,830
131,991
74,020

29,458
207,999
146,508
78, 947
422, 539
540, 547
91, 509
102,748
65,787

12,483

24,207

2953

346,770




252,942

43,301,445 $14,150,000
416,196

36,034,949
960,337

REPORT OF THE COMPTROLLER OF THE CURRENCY

321

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, 1941—Continued
Progress of liquidation to date of this report—Continued
Total collections from all
sources includ-

Losses on
assets compounded or
sold under
allowed and
order of
unpaid balance
court
R. F. C. loans

Disposition of proceeds
of liquidation—

Distributions by
Book value Book value
conservators—
Book value of remaining
of assets
of uncoluncollected
returned to
stock
lected assets
shareholders' To secured To unseagents
cured
creditors
creditors

$3,933,146

$1, 782,155

$177,661

4,213,985
6,917,089

927,827
1,939,969
1,386,127

357,217

$62,210
39,643
153,327

$2,098,171
3,164,414
2,425,058

2342
2536
2537

3,539,116
1,693,578

536,911
813,852

16,645
6,007

9,673
91,657

910,188
408,510

2545
2667

940,683
1,337,480
440, 523

302,583
1,052,002
566,694

25,398
25,927
86,311

241,128

2671
2685
2867

2,270,610
1,208,582
225,894
1,158,837

1,575,464
513,137
121,375
718,996

12, 759
11,913
24, 253

17,329,660
4,999,443
3,072,116
2, 542,894
11, 808, 212

11,469,476
3,660,814
2,382,009
551,544
19,161, 709

545,303
2,865,295

269, 293
567,760
1, 508,614

913,982
2,350,058

943,015
589,631

491,992
109,608,475

179,474
39, 778,533

472,661,907
8,062,105

30,213, 542
4,385,178

8,380,252
13,309,502

1,639,645
2,151,834

449,181
2,390,403
2,086,843
1,666, 231
8,004, 344
13,126,952
796,947
1,457,594
871,769

298,647
1,098,924
1,170, 344
371,080
1,984,408
3,841,496
382, 577
404, 530
331, 526

289, 632

69, 621




2934

1701
2304
2824

9,635

1,500,628
736,552
172,421
22, 501
8,047,940

108,140

14, 748
91,908
45,768

1603
1622
1690

1,440

90,907
14, 743

1702
1872

4,624,388
26,705
95,116

1,398,352

1848
1861
1946
2358
2935

13,487
6,000, 060

8,675,646

2034
2298

77, 288,646
47

5, 726,016
420,000

31,577,087
2,153,050

2356

324.460
3,187,300

92,202
600,000

126,187
2,194
367,976
1,844,574
"634"

27,289
86,720
21, 569
21,306
41, 522
360,000
50, 728
90,000
54,156

$50,989

103, 504

85

2381
1,
5, 523,737 2397
2446
410, 517 2456
635,346 2477
350,445 2611
2,643, 243 2749
4,360,039 2766
59,762 2791
442,387 2864
328, 555 2897

2953

322

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—LNational banks^n charge of receivers during year ended Oct. 31,1941,
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

2934

2342
2536
2537
2545
2667
?671
2685
2867

Conservators'
salaries, legal
and other
expenses

Receivers'
salaries, legal
and other
expenses

$94,914

3ash advanced
in protection
of assets

$3, 734,008

$102,964

16,698
42,196
21,027

116,253
189,949
225,162

$1, 759, 215
3, 237, 540
2,184, 908

223,605
282, 990
756, 769

1, 221,326
163, 414

992,956
862,132

567
991

24,328
20,094

215,372
150,647

376,364
262, 764

238, 955
793, 845
290,666

799

14,104
17,886

69, 333
121,302
48,031

1,439,113
789,088
129, 901
532,101

$3,135

672,084
334, 758
65, 490
525,038

9,523
24

9, 857,046
1, 785,820
2,480,616
799, 206
11,871

4, 953, 742
2, 306, 217
275, 957
239,880
10, 961, 773

194,304
77
16,504

141,683
67,448

1701
2304
2824
2845

1848
1861
1946
2358
2935

Secured and
preferred liabilities paid
except through
dividends, including offsets
allowed

219,012
791, 387

$43
~4~556"

131

4,591
6,933
23,711

13,681

149,890
80,121
23,570
77,856

1, 284,300
425,810
251, 526
91, 775
43,181

1603
1622
1690

10, 766
10, 254

344, 887
316, 257
1, 693,198

182,390
147,008
748,192

974
20,277

65,545
70,810
242, 733

1702
1872
2034

24,128

596,863
1, 465, 819

190,171
635,878

1,739
7,443

101,081
162,464

7,580

253, 500
76,320,050

177, 225
21, 298, 735

735

307, 289,603
960,295

81,798,322
3, 747,166

2299
2356

1,081

194,667

52,952
3,069,266

30,462, 701
8,847

450,099
84,831

20,711,026
630,370

2381
2397

291

2, 765, 894
2,302,013

2, 398, 658
4,181, 706

368,583
88,214

54,635
86,866

620,670
699,186

2446
2456
2477
2611
2749
2766
2791
2864
2897

6,393
132, 977
18,896

271,523
619, 913
744,429
676, 617
2,453, 896
5,094,331
121,016
473, 484
214, 578

98,133
701, 715
376, 565
404, 707
2, 252,328
2, 552, 596
490,931
354, 275
254, 201

83,701
111
30,044
654
97,449
30
92

2,695
20, 571
19,190
14,338
127,823
77,928
14,195
45, 740
24, 859

70,437
173,675
154,408
133,359
473, 776
574, 768
65,274
90,160
49, 563

52, 624
805
45, 739
6,626

2953

236,167

34,850

Footnotes at end of table, pp. 386 to 389.




13

17,220

REPORT OF THE COMPTROLLER OF THE CURRENCY

323

dates of organization, appointment vf receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncaiing the progress and results of liquidation to Oct. 81, 1941—Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of Comptroller
and receivers

Amount returned to
shareholders
in cash

A m o u n t of
claims proved

Dividend
(percent)

Interest
dividend
(percent)

D a t e finally
closed

$1,260

2934

3
91.73
3 99.8
3
85

205,083

$4,205,152
6,414,784
5, 393,191

174,379
87, 790

2,314,624
1,013,735

3 92
3 56

709,190
1, 658,929
567, 633

3 87. 07
24.38
11

J u l y 12,1941
J u n e 28,1941

34, 378

2671
2685
2867

2,108, 590
1,065, 760
217,008
1, 283, 099

68.25
3 74.04
59.86
41.47

Dec 31 1940
July 15,1941
Dec
3 1940
Sept. 13,1941

1701
2304
2824
2845

1,040,268
262, 507
47,513

21,835,365
4, 393, 263
4,678,819
2,170,106
11,533,438

45
40
53
3 100
100

Dec. 14,1940
June 26,1941

2342
2536
2537
2545
2667

61. 265

Oct. 31,1941

1848
1861
1946
2358
2935

151,912

517,088
695,000
2,396, 072

68.78
46.98
70.5

Apr. 23,1941
Dec. 12,1940 (

1603
1622
1690

1, 083, 565
1,514,486

57. 31
96

Apr. 22,1941

78, 454

1702
1872

357,023
94, 258, 694

73.127
89. 5

Nov. 16,1940

50, 111

2034
2298

373, 069
476,465

335,319,978
6,152, 959

133,686
427, 780

5,118, 062
11,151,866

143,830
137,898
56, 721
368,231
44,830

1,395




509,470
1, 941,386
2,107, 384
1, 414,330
5, 387,345
11, 079,410
515,984
990,257
679,426

304, 930

3
3

100
3 50

2299
2356

3 95
3 70

2381
2397

54.55
62.5
65
72.5
95. 59
3
85
3 43.9
3 92.5
3 79. 94
3
3
3
3

77.45

J u l y 11,1941 \

J u n e 12,1941
Nov.

9,1940

F e b . 28,1941

2446
2456
2477
2611
2749
2766
2791
2864
2897

2953

324

REPORT OF THE COMPTROLLER OF THE

CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,1941,
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

Date receiver
appointed

MISSOURI

2772

Grand National Bank, St. Louis7

12220

June

5,1922

$700,000

8424

Oct. 20,1906

700,000

Dec.

9,1932

8299

June 12,1906

150,000

Dec.

2,1931

6038
9912

Nov. 20,1901
Nov. 17,1910

150,000
2,800,000

Jan. 20,1932
June 11,1932

6060
5884

Oct. 23,1901
May 20,1901

300,000
600,000

Nov. 18,1932
Jan. 27,1933

12468 Aug. 7,1923
11553 Nov. 19,1919
5208 June 6,1899

250,000
150,000
250,000

Feb. 16,1933
Apr. 15,1933
Oct. 13,1933

1317 June 13,1865
5416 May 21,1900
9380 Mar. 17,1909
12064 Nov. 14,1921

500,000
100,000
100, 000
300,000

Dec.
Apr.
June
Dec.

Mar. 19,1934

MONTANA

None

- --

---

NEBRASKA

None
NEVADA

2195

Reno National Bank, Reno
NEW HAMPSHIRE

None . . .

_
NEW JERSEY

1823
1908
2045
2181
2249
2281
2294
2451
2628
2798
2850
2917

First National Bank & Trust Co., Woodbridge.
Citizens National Bank, Long Branch
New Jersey National Bank & Trust Co.,
Newark.
First National Bank, Ocean City__
Chelsea-Second National Bank & Trust
Co., Atlantic City.
Citizens National Bank, New Brunswick.. _
Broad Street National Bank, Red Bank 7 . . .
Mechanics 7National Bank & Trust Co.,
Millville.
Orange National Bank, Orange7. 7 _
Carlstadt National Bank, Carlstadt
First National Bank, Secaucus7
First National Bank, West New York ^

19,1933
10,1934
18,1934
14,1934

NEW MEXICO

None

.
NEW YORK

Citizens National Bank & Trust Co.,
Hornell.
First National Bank in Mamaroneck
Pelham National Bank, Pelham 7
Larchmont National Bank & Trust Co.,
Larchmont. 7
Harriman National Bank & Trust Co., of
2459
the City of New York, New York.7
7
2483 Falls National Bank, Niagara Falls - 7
2565 Richmond National Bank, New York 7
Salt Springs National Bank, Syracuse
2697
7
2702 First National Bank & Trust Co., Yonkers .
7
2711 National City Bank, New Rochelle
7
2718 First National Bank, Brockport
2719 First National Bank & Trust Co., Mamaroneck.1
7
2727 Seneca National Bank, West Seneca
7
2730 First National Bank, Hempstead
First National Bank, East Rochester 7 7
2895
2907 Ozone Park National Bank, New York
2944 National Bank of Ridgewood in New York,
N . Y.i "
2946 Fort Greene National Bank in New York,
N.Y.4

2023
2232
2314
2328

F o o t n o t e s a t end of table, pp. 386 t o 389.




2522

Mar. 12,1881

125,000

May 10,1932

13592 Jan. 15,1932
11951 Mar. 18,1921
6019 Oct. 28,1901

250,000
200,000
200,000

Jan. 16,1933
July 21,1933
Aug. 5,1933

9955

Mar. 2,1911

2,000,000

Oct. 16,1933

11489 Oct. 16,1919
11655 Feb. 17,1920
1287 May 20,1865
653 Dec. 9,1864
6427 Aug. 18,1902
382 Apr. 4,1864
5411 May 28,1900

100,000
400,000
800,000
1,000,000
500,000
75,000
150,000

Oct. 26,1933
Nov. 14,1933
Jan. 22,1934
Jan. 23,1934
Feb. 1,1934
Feb. 2,1934
do

12925 July 27,1925
4880 Mar. 2,1893
10141 Dec. 19,1911
12280 Oct. 30,1922
12897 Mar. 6,1926

50,000
500,000
150,000
200,000
200,000

Feb.
Feb.
Oct.
Oct.
July

13336 June 10,1929

500,000

Aug. 14,1937

7,1934
13,1934
10,1934
30,1934
12,1937

REPOET OF THE COMPTROLLER OF THE CURRENCY

325

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, 1941—Continued
Circulation

Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Assets and assessments

liabilTotal de- Additional Totalestab- Lawful Outstand- Book value
liabilities
money
posits at established ities to
ing at
of assets
lished
date of
date
to date of
date of deposited date of atfailureof
failure
to retire
failure
report
report

Additional
assets received
since date
of failure

$340,729

$1,833,496

$113,275

$2,287,500

$500,000

$500,000

$2,975,890

$328,959

2772

3,261, 215

4,020,537

487,285

7,769,037

665,000

665,000

8,209,172

2,287,513

2195

100,000

100,000

1,928,382

62,391

1823

22,059
810,734

1908
2045

200,000

1,543, 721

32,691

1, 776,412

419,600
5,703,466

1,478,736
7,946,632

31,939
206, 394

1,930,275
13,856,492

1,026,600

1,026,600

2,133,562
16,935,633

965,408
4, 575,657

1,629,885
5,439, 556

426,877
459,265

3,022,170
10,474,478

300,000
300,000

300,000
300,000

3,006,345
11,088, 289

550,249
1,054,682

2181
2249

671,691
615,482
361,002

931,445
1,839,891
626,472

24, 326
30,204
39,272

1,627,462
2,485, 577
1,026,746

98, 560

98, 560

1, 836, 969
2,713, 792
1, 294,355

73,483
117,437
67, 760

2281
2294
2451

1,109,418
255,980
307,445
2,083,863

4,151, 235
865,611
1,042,915
3,966, 769

81, 705
38,980
1,487
230, 279

5,342,358
1,160, 571
1,351,847
6,280,911

100,000
25,000
97,850

100,000
25,000
97,850

6,022,153
1,258,990
1, 502,081
6,641, 261

60,744
73, 543
28,153
114,067

2628
2798
2850
2917

976,609

1, 517,460

105,901

2, 599,970

98, 315

98, 315

2, 755,184

119,657

2023

1,410,856
1, 260, 529
1,066,144

1,944,442
1, 275, 295
1, 509,936

179,894
51, 745
40, 602

3, 535,192
2, 587, 569
2, 616, 682

49, 700

49,700

200,000

200,000

3, 764,480
2,817, 295
2, 885, 473

204,629
110,145
103,025

2232
2314
2328

1,388, 500

23, 760, 278

640,127

25, 788,905

300,000

300,000

28, 772,185

3, 795,446

2459

227,083
1,030,954
1,144, 260
4,459,262
3,119,707
158,607
1,852,011

1,127, 066
3,156,024
4,165,850
12,746, 547
7,127,736
1, 444,630

21,682
110,830
82,118
496,235
239,331
23,971
208, 346

1, 375,831
4, 297,808
5, 392, 228
17, 702,044
10, 486, 774
1, 627, 2Q8
2,060,357

25,000
335, 480

25,000
335, 480

295, 700

295, 700

50,000

50,000

1, 508,112
4, 824, 249
6, 365,136
18, 058, 725
11,097, 488
1, 795, 253
1,861,308

21,937
87, 755
258,847
501, 697
635,834
63,129
207,867

2483
2565
2697
2702
2711
2718
2719

143,335
248, 801
631,241
364,614
292,941

627,266
4,149,523
909,492
1,396, 657

13, 280
53,977
66, 637
41, 202
62

783,881
4,452, 301
1,607,370
1,802,473
293,003

250,000
50,000
48, 800

250,000
50,000
48,800

875, 389
5,051, 396
1, 781,402
2,020,156
306,025

25, 578
97,678
132,844
53, 776
47

2727
2730
2895
2907
2944

125, 000

2, 015, 717

33,276

2,173,993

2, 475,163

307,945

2946




326

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct.
81,4,
amounts of total assets and total liabilities at date of failure, capital stock and stack
ings, together with the disposition of such collections, and various other data indiAssets and assessmentsContinued

Progress of liquidation to date of this report

Total assessments upon
shareholders

2772

Total assets
and stock
assessments

Cash collections from
assets

Cash collections from
stock
assessments

Receivership
earnings, cash
collections
from interest,
premiums,
rent, etc.

$700,000

$4,004,840

$1,815,242

$91,692

$126,118

Unpaid
balance,
R. F . C.
loans

Offsets
allowed
and
settled

$241,700

_

2195

700,000

11,196,685

5, 552,385

229,824

1823

150,000

2,140,773

1, 005, 398

1008
2045

150,000
2,800,000

2, 305, 621
20, 546, 367

1,178,822
11,913,159

2181
2249

300,000
600,000

3,856, 594
12,742,971

2281
2294
2451

250,000
150,000
250,000

2628
2798
2850
2917

500,000
100,000
100,000
300, 000

•_

574,981

336, 255

101,070

94,985

172, 619

109, 356
1, 244, 427

117,804
685,290

183, 361
1,050, 530

1, 374,787
4,550,395

212,427
369,908

92, 816
338,488

88, 333
232,085

2,160, 452
2,981, 229
1, 612,115

1,053,099
1, 433, 443
587, 212

138, 222
119,034
157,144

143, 658
119, 010
76,842

134,092
214,836
99, 303

6, 582, 897
1,432, 533
1,630, 234
7,055, 328

3, 989, 513
959,047
1, 074, 703
4, 713, 793

150, 679
54, 854
41,890
54, 277

300,181
130, 545
134, 912
271, 751

424, 301
100,073
127,350
728, 497

2023

125,000

2, 999, 841

1, 850,454

96,104

192, 996

2232
2314
2328

250, 000
200,000
200,000

4, 219,109
3,127, 440
3,188,498

1, 827, 047
1, 888, 631
1, 685,903

95, 793
137, 649
115, 760

105, 616
107, 022
158, 233

2459

2,000,000

34, 567,631

20,445, 305

1,148, 600

1, 215, 914

1,917, 507

2483
2565
2697
2702
2711
2718
2719

100, 000
400,000
800,000
1,000,000
500,000
75,000
150, 000

1, 630, 049
5,312,004
7, 423,983
19, 560, 422
12, 233, 322
1,933, 382
2, 219,175

1,176, 349
3,017, 209
4, 380, 478
11,619,568
6, 620, 922
1,198,457
517,039

41, 063
178, 917
242, 017
704, 686
245,498
38,077
72,697

128,961
406,096
480, 834
1, 005, 317
779, 713
76, 298
57,939

37, 224
333, 251
276, 745
1, 022, 224
609, 826
90, 731
65, 381

2727
2730
2895
2907
2944

50,000
500, 000
150, 000
200,000
200, 000

950,967
5,649, 074
2, 064, 246
2, 273,932
506,072

668, 852
3, 838, 365
1, 314, 538
1,443,474
11, 775

26, 213
269, 715
98, 936
119, 351
18,444

60, 372
377,976
156, 251
79, 776
2,233

59, 985
222, 508
137, 299
105,328

2946

350, 000

3,133,108

1, 708,074

77, 316

65,584




1

169, 871
225, 668
70, 340
94, 247

$180,500
11,000

-

121,384

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. SI, 1941—Continued
Progress of liquidation to date of this report—Continued

Total collections from all
sources including offsets
allowed and
unpaid balance
R. F. C. loans

Losses on
assets compounded or
sold under
order of
court

Book value
of uncollected assets

$2, 274, 752

$1,247,891

$16

6, 693,445

Disposition of proceeds
of liquidation-

Distributions by
Book value
Book value
conservators—
of remaining
of assets
uncollected
returned to
stock
shareholders'
To unseTo secured
assessments
agents
cured
creditors
creditors

$608,308

2772

4,608,045

470,176

2195

1,374,072

812,756

48,930

1823

1, 589,343
14,893,406

793,438
2, 255,999

40,644
1, 555, 573

2045

1,768,363
5,490,876

2,093,474
7, 360,491

87, 573
230,092

2181
2249

1,469,071
1,886,323
920, 501

723, 261
793,415
675,600

389, 535

111, 778
30,966
92,856

2281
2294
2451

4,864,674
1,244, 519
1,378,855
5, 768,318

1,669,083
268,497
281, 293
1,313, 038

4,916
46,888

349,321
45,146
58,110
245, 723

2, 309,425

854, 516

28,896

2023

2,434, 624
2, 203, 642
2,065,143

131,011
968,074
632, 597

1,785,383
395
575, 751

154,207
62,351
84, 240

2232
2314
2328

24, 727, 326

9, 858, 553

346, 266

851,400

1,383, 597
3,935,473
5,380,074
14,351,795
8, 255,959
1,403, 563
713,056

316,476
938,927
787,338
2, 579, 290
2, 070,078
560,452
1,486, 755

622,617
1,179,422
3,339,340
2,432,496
8,742

58, 937
221,083
557,983
295,314
254, 502
36,923
77,303

815,422
4, 708, 564
1, 707,024
1, 747,929
32, 452

172,130
660,144
455,636
346, 599
10, 379

428,057
6,773
178,531
283,918

23, 787
230,285
51,064
80,649
181, 556

1,972,358

63,128

890, 522

272,684

438775—42

22




2, 526,679

$1,911,987
300,940
473,527
729,027

$391,375

3,422

7, 778,174

4, 506,756
1,804,470
608, 946
28,024
620,490

2628
2798
2850
2917

2459
2483
2565
2697
2702
2711
2718
2719
2727
2730
2895
2907
2944
2946

328

REPORT OF THE COMPTROLLER OF THE

CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,1941,
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

$43,081

Receivers'
salaries, legal
and other
expenses

2772

$1,458,653

$613,008

$2,361

2195

1,738.338

4,717,840

34

1823

861,379

376,457

3,998

132,238

1908
2045

754,313
5.278,279

647.436
8,517,012

1,557
9,558

186,037
579,808
115,904
345,008

$128,048

237,233

2181
2249

$114,342
201,930

184,813
524,741

1,353,188
4,413,355

116
5,842

2281
2294
2451

74,852

471,675
691, 591
326,675

838,866
908,380
411,482

148
6 205
113

3,024
13,486

158,382
203,920
93.893

693.365
361,696
263,496
958.893

1,825,556
378, 505
435,004
3,767,216

9,443
3,049
2,219
1,503

71,869
26.444
35,717
85,734

352,454
115, 549
111,982
225,945

2628
2798
2850
2917

898,657

1,287,317

2,272

121,179

2232
2314
2328

2,502
16,238

75,314
368,973
392,721

1,887,822
1,536.088
1,321,437

154, 536
1,557
57,402

9,909
21.441

251,392
181,128
268,697

2459

94,617

5,558,820

8,575,330

1,065

304,190

1,421,567

2483
2565
2697
2702
2711
2718
2719

95,814
2,800

733,003
1,908,902
3,199,658
1,361,291
963,218
329,624
139

456,546
1,462,031
1,727,527
5,954,022
4,330,357
279,432
587,127

1,489
8,662
39.432
334,191
142,439
801

7,521
69,340
66,977
218,477
105,586
18,592
42,461

89,224
402,934
291,819
1,143,402
736,322
80,101
21.572

10,990
47,622
46,881
55,254

44.620
273,028
92,205
115,727
11,923

2023

47,812

2727
2730
2895
2907
2944

449,502
43,590

498,629
2,550,325
614,162
315,538

231,795
1,149,988
842,452
515.368
13,125

1.364
19,905
100
7,681

2946

2,069

1,128,406

660,565

2,611

Footnotes a t end of table, pp. 386 to 389.




123,016

EEPORT 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 earneating the progress and results of liquidation to Oct. SI, 1941—Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of Comptroller
and receivers

Amount returned to
shareholders
in cash

$29,601

Amount of
claims proved

$1,636,988

Dividend
(percent)

Interest
dividend
(percent)

Date finally
closed

89

2772

3,015,330

57.65

Oct. 16,1941

2195

1,396,076

61.7

Nov. 8,1940

1823

1,271,600
5,269,609

59.32
100

Oct. 18,1941

1908
2045

2,333,502
7,068,774

12.82
10.28

Feb. 28,1941
M a y 29,1941

2181
2249

73,203

788,359
1, 564,196
653,421

59.83
43
61.45

Apr. 28,1941

2281
2294
2451

58,336
56,910

3, 501,441
778,417
914, 664
2,511,411

8 74.408
8 85
3 80
3 67.21

Dec. 31,1940

608, 749

Apr. 29,1941

Apr. 19,1941

2628
2798
2850
2917

June 13,1941

2023

1,302,401

i

69

63,058
89,749
3,445

1,543,998
1,020,264
1,274, 561

5
36
30

602,188

16,692,880

80.25

80,804
54,661
833,656
173,567
82, 645
13,945

935,459
2,808,987
3, 633,872
11, 658, 706
6,093,276
1,204,880
2,035, 350

88.6
67.5
87.5
3 50
3 45
3 70.0003
2

Dee. 6,1940

2483
2565
2697
2702
2711
2718
2719

554,488
2,854, 757
715,159
1,278,144

94.98
90
85
3 73

M a y 27,1941

2727
2730
2895
2907
2944

1,509,088

75

218,194
67,634
117,871
7,404
65,691




2232
2314
2328
2459

2946

330

REPORT OF THE COMPTROLLER OF THE

CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31, 1&41,
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

Failure

Name and location of banks
Charter
No.

Date

Capital
stock at
date of

Date receiver
appointed

$200,000
600,000
1, 000,000
100,000

Nov.
Dec.
Feb.
Jan.

NORTH CAROLINA

1856
1962
2248

American National Bank, Asheyille
Commercial National Bank, Raleigh
Commercial National Bank, High PointFirst National Bank, Statesville

2570

First National Bank, Grand Forks 7

1525
1674
1956
2301
2627
2756
2792
2890

National Bank of Toronto, Toronto...
National Bank of Defiance, DefiancePeoples National Bank, Wellsville..-..
First National Bank, Massillon 7
First National Bank, Portsmouth ?__,
First National Bank, Fremont 7 .
First National Bank, Toledo 7 7
_.
First National Bank, Bethesda

937
2960

First National Bank, Devol i«___
First National Bank, Anadarko 4

2291
2463

First National Bank, The Dalles_
First National Bank in Salem 7.__

8772 May 15,1907
9067 Feb. 15,1908
4568 Mar. 23,1891
3682 Feb. 8,1887

21,1930
21,1931
10,1932
27,1933

NORTH DAKOTA

2570

Sept. 12,1881

July 30,1907
13457 Apr. 16,1930
6345 June 27,1902
216 Jan. 8,1864
68 Aug. 8,1863
5 May 23,1863
91 June 10,1865
5602 June 21,1900

400, 000 Nov. 15,1933

100,000
150,000
100,000
300,000
400,000
200,000
500,000
25, 000

Feb. 26,1931
S*pt. 10,1931
Feb. 6,1932
May 23,1933
Dec. 19.1933
Mar. 5,1934
Apr. 3,1934
Sept. 21.1934

OKLAHOMA
4,1919
11636 Nov.
11535 Nov. 4,1919
5905 June 20,1901

3441
3405

Dec. 28,1885
Oct. 8,1885

1*25,000 Sept. 17,1925
25,000 July 10,1940
50,000 Jan. 17,1941

200,000 M a r . 10,1933
200, 000 Oct. 24,1933

PENNSYLVANIA

Union National Bank, Connellsville
Citizens National Bank, Connellsville
First National Bank, Portage
Second National Bank, Altoona
Monongahela National Bank, Brownsville-First National Bank, Masontown
Overbrook National Bank, Philadelphia
Peoples National Bank, Latrobe
Bank of Pittsburgh National Association,
Pittsburgh.
1722 National Bank of Fayette County, Uniontown .
1724 Moshannon National Bank, Philipsburg
1770 Exchange National Bank, Pittsburgh
1780 Monongahela National Bank, Pittsburgh....
1799 First National Bank & Trust Co.,
Monessen.
1933 Third National Bank, Pittsburgh is
1958 First National Bank, Boswell
1990 Peoples National Bank, Pitcairn
2096 Clearfield National Bank, Clearfield
2139 First National Bank, Emporium
2171 Diamond National Bank, Pittsburgh
2175 Duquesne National Bank, Pittsburgh
2270 Citizens National Bank, Irwin 1
2348 First National Bank, Verona 7
2543 Uniontown National Bank & Trust Co.,
Unicntown. 1
2552 Jefferson County National Bank, Brookville 7
7
2578 First National Bank, Wilkinsburg 7
2629 First National Bank, Canonsburg 1 8
2631 Union National Bank, New Castle
Footnotes it end of table, pp. 386 to 389.
1381
1385
1540
1553
1554
1558
1580
1662
1684




6408
6452
7367
2781
648
5441
12573
5744
5225
681

Aug.
Sept.
July
Aug.
Dec.
May
July
Jan.
Oct.

9,1902
12,1902
18,1904
19,1892
10,1864
10.1900
1,1924
14.1901
3,1899

50,000
100,000
60,000
125,000
100,0Q0
100,000
500,000
200,000
3,000,000

July 3,1930
July 31.1930
Mar. 25', 1931
Apr. 16,1931
do
Apr. 18,1931
May 15,1931
Aug. 24,1931
Sept. 21,1931

Dec. 19,1864

500,000

Oct. 12,1931

5066
1057
3874
5253

May
Apr.
Apr.
Dec.

3,1897
8,1865
9,1888
14,1899

150,000
750,000
1,000,000
160,000

do
Oct. 23,1931
Oct. 29,1931
Nov. 6,1931

291
6603
11892
4836
3255
2236
2278
5255
4877
12500

Dec.
Jan.
Dec.
Dec.
Sept.
Mar.
May
Jan.
Feb.
Feb.

30,1863
8,1903
1,1920
20.1892
23,1884
22,1875
25,1875
16,1900
24.1893
4,1924

500,000
30,000
75,000
200,000
200,000
600,000
500,000
100,000
200,000
250,000

Jan.
Feb.
Mar.
July
Sept.
Nov.
Nov.
Feb.
Aug.
Nov.

28,1932
9,1932
2,1932
18,1932
24,1932
14,1932
15,1932
10,1933
23,1933
6,1933

2392

July 27,1878

125,000

Nov. 9,1933

4728
4570
8503

Apr. 2,1892
Apr. 1,1881
Dec. 31,1906

400,000
200,000
100,000

Dec. 5,1933
Dec. 19,1933
....do -

REPORT OF THE COMPTROLLER OF THE CURRENCY

331

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. SI, 1941—Continued
Liabilities
Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

$412,051 $1,949,431
1,098,741 3,653,385
2,307, 508 3,892, 564
421, 555
168, 800

Circulation

Additional Total liabil- Lawful
liabilities ities estab- money
established lished to deposited
date of
to date of
to retire
report
report

| Assets and assessments

Outstand- B o o k value
ing at
of assets
date of
at date of
failure
failure

Additional
assets received
since date
of failure

$2,407,961
4,850,890
6,510,065
604,145

$150,000
171,000
474,140
100,000

$150,000
171,000
474,140
100,000

$2,382,914
5,474. 211
8,323, 984
732,589

$254, 772
508,198
573, 703
60,883

1428
1856
1962
2248

4, 741, 908

$46,479
98,764
309,993
13, 790

399,995

399, 995

5,140, 990

181, 269

2570

100,000
150,000
97,780
281,460
400,000
99, 550
498,150
25, 000

100,000
150,000
97,780
281,460
400,000
99, 550
498,150
25,000

1,103, 420
64,682
1, 513,963
7,762
885,112
33, 599
3,392,806
112, 275
5, 595, 355 405,346
2, 545, 378
63,142
7,995, 392 1,731,031
647, 532
23, 858

1525
1674
1956
2301
2627
2756
2792
2890

990,927

3,684, 515

165,460
165,225
192,110
575,063

752,806
1,164, 512
578,054
2, 391,027
4, 212,610
2,076,116
5,420,931
509,047

14, 566
5,751
23,884
60, 242
116,472
39,998
158,133
31, 655

1,335,488
794,048
3,026,332
4, 735,168
2,379,777
6,332, 063
610, 839

i« 29,766
31, 771
721, 282

w 5,341
5,341
258,585

i» 86,323
86,323
979,867

1, 507,174
1,420,988

87, 916
61,159

2, 232, 900
1, 692, 786

91,660
100.000

91, 660
100,000

747, 648

10,005
60, 545
6,577
81, 593
10, 088
29, 920
9,462
. 65, 697

757, 653
2, 867, 523
813,922
2, 965, 223
4,530,412
1, 946, 899
3,291,857
2, 688, 670
51, 367, 569

50,000
100,000
25,000
48, 140
98,140
98, 800
150,000
98, 495

50, 000
100,000
25, 000
48,140
98,140
98, 800
150,000
98, 495

10,127,867

200, 000

200, 000 11,033,619

1, 804, 916
148,320
148, 320
742, 980 7, 773, 426
742, 980
386,860 i 386, 860 16, 577, 877
143,760 ' 143, 760 2, 810,187

263,663
752,999
70,137

51, £17
49, 211

637,810
210,639

224, 700 2, 582, 278
57, 500
749, 845
724,809 2,158, 821
66,000
4, 454, 324
285,031
1, 631, 948
753, 848 2, 528, 547
145,000 2, 477, 973
7,647,325 43,611,807
1,107, 500

8,931,863

108,437
88,504

95, 750 1, 351, 249
1, 697,301 4, 264,123
4, 784, 500 8, 857, 684
87, 980 2, 401, 668

3,879
64, 788
29, 242

1,
5,
13,
2,

500,000
70,815
625, 303
383, 801
116,781
284, 245
556, 907
163, 933 1,180, 669
1, 500, 350 9, 605, 721
2,285, 844 4, 096, 735
102, 200
341,987
1, 750, 670
295, 941

21, 501
4,175
34,680
36, 521
32, 965
38, 244
71, 007
40, 908
179

500,000
717, 619
504, 757
875, 832
1,381,123
11,139, 036
6, 420, 823
173, 207
2,133, 565
296,120

450,
982,
706,
518,

878
122
972
890

" 111, 539
111,539
822,042

415, 220
29, 397
23, 800
197, 600
197,117
295, 320
493, 337
50, 000

} 937

2, 491,152
1,903,881

385, 328
82, 741

229
246

805, 522
26, 224
3,196, 592
137,403
969, 793
104, 994
3, 802, 818 225, 443
5, 234. 696 141,156
2, 220, 275
76, 824
3,920, 363
337,033
3, 072, 046
177, 281
57, 563,165 3, 172, 375

1381
1385
1540
1553
1554
1558
1580
1662
1684

2960

440,132

1722

150, 747
185, 401
704, 499
173,290

1724
1770
1780
1799

415, 220
1,766,720
822, 238
29, 397
82, 404
23, 800
590, 248
15, 236
1, 321, 761
197,600
64, 621
1, 589, 944 228, 341
197,117
295, 320 13, 416, 777 611, 407
493, 337 8, 028, 662
197,413
271, 937
91, 200
50,000 2, 435, 657 103,106
639, 480
22, 658

1933
1953
1990
2096
2139
2171
2175
2270
2348
2543

1, 862, 878

110,215

2552

6, 264, 832 j 294, 478
2,735,800 ! 75,973
178,078

2578
2629
2631

162, 622

1, 470, 625

124, 296

1, 757, 543

50, 000

50, 000

656,979
259, 287
100, 000

4,670, 447
1, 958, 617

57,999
30,168
12, 240

5, 385,425
2, 248, 072
112,240

400,000
100,000

400, 000
100,000




i» 41,401
30,498
61,712

332

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,1941,
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 assessments upon
shareholders

Total assets
and stock
assessments

r

Progress of liquidation to date of this report

Cash collections from

Cash collections from
stock •
assessments

Receivership
earnings, cash
collections
from interest,
premiums,
rent, etc.

Unpaid
balance,
R. F. C.
loans

Offeets
allowed
and
settled

$2,837,686
6,582,409
9,897,687
893,472

$1,378,002
3,428,032
5,149,283
441, 538

$17,918
360,032
628,485
57,802

$58,239
233,334
492,568
49,863

$194,817
450,407
589,997
57,180

400,000

5,722,259

3, 769,671

236,150

306,971J

298,081

1525
1674
1956
2301
2627
2756
2792
2890

100,000
150,000
100,000
300,000
400,000
200,000
500,000
25,000

1,268,102
1,671,725
1,018,711
3,805,081
6,400,701
2,808,520
10, 226,423
696,390

632,103i
1,040,206
541,277
2,471,525
3,605, 518
1,693,859
5,322,977
436,033,

86,104
127,968
64,310
215,181
305, 754
115,261
270,449
15, 717

59,365
75,811
56,960
118,215
327,591
237,227
461,835
40,257

66,961
80,733
39,619
177,083
272,364
125,746
718,726
48,509

937
2960

19 25,000
25,000

19177,940
167,037
883, 754

19 62,363
51,222
393, 053

19 28,588
23, 538

2,766

"102
339
243,523

2291
2463

200,000
200,000

3,076,480
2,186,622

1,762,315
1,548, 788

176,307
140,007

248, 274
70,970

95,180
117,663

1381
1385
1640
1553
1554
1558
1580
1662
1684

50,000
100,000
60,000
125,000
100,000
100,000
500,000
200,000
3,000,000

881,746
3,433,995
1,134,787
4,153,261
5,475,852
2,397,099
4,757, 396
3,449,327
63,735,540

426,831
2,065,020
341,471
2,061,230
2,138,031
1,622,684
1.850,661
45,420,177

34,482
67,783
12,873
80,758
70,146
14,946
242,843
168,282
2,685,251

42,755
195,200
44,614
102,806
414,827
144,683
205, 275
309, 261
3,014,150

1722

500,000

11,973,751

7,473,428

386.607

897,914

1724
1770
1780
1799

150,000
750,000
1,000,000
160,000

2,105,663
8,708,827
18,282,376
3,143,477

1,119,786
4,645,301
11,004,720
1,156,862

132,858
633,406
801,040
57,824

115,721
420, 597
780,119
169,203

1933
1958
1990
2096
2139
2171
2175
2270
2348
2543

500,000
30,000
75,000
200,000
200,000
600,000
500,000
100,000
200,000
250,000

2,266,720
934,642
680,484
1, 586,382
2,018,285
14,628,184
8,726,075
463.137
2, 738, 763
912.138

388,064
388,292
352,359
603, 590
763,729
7,948,829
5,156, 537
87,631
1,355,085
206,857

300,361
21,265
43,271
140,856
54,762
499,804
407.608
76,090
139,005
139,159

20,830
49,036
46, 598
111,641
102,222
798,056
511,029
36,093
264, 544
37,992

2552

125,000

2,098,093

1,076,913

61,628

100,063

2578
2629

400,000
200,000
100,000

6,959,310
3,011,773
278,078

4,373,960
2,154,057
103, 527

309,711
138, 579
62,935

341,307
159,605
3,702

1428
1856
1962
2248

$200,000
600,000
1,000,000
100,000

2570

Footnotes at end of table, pp. 386 to 389.



56,841
ftl,417
26,484
243,924
286,451
132,905
229,758
163,560
3,785,867

88,032
648,262
1,311,886
131,074
63,654
26,856
62,688
380,207
3,703

-|

116,120
501,840
76,930

REPORT OF THE COMPTROLLER OF THE CURRENCY

333

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, 1941—Continued
Progress of liquidation to date of this report—Continued
Total collecLosses on
tions from all assets comsources includ- pounded or
ing offsets
sold under
allowed and
order of
unpaid balance
court
K. F. C. loans

$1,648,976
4,471,805
6,860,333

$1,064,867
2,103,970
2,464,906
294, 754

Disposition of proceeds
of liquidation-

Distributions by
Book value Book value
conservators—
Book value of remaining
of assets
uncollected
returned to
of uncolstock
lected assets
shareholders' To secured To unsecured
agents
creditors
creditors

$693,501

4,610, 773

980, 922

844, 533
1,324, 718
702,166
2,982,004
4,511,227
2,172,093
6, 773,987
540, 516

469,038
400,786
337,815
856,473
1,384, 655
788,915
2, 544, 507

1,140,213

" 86,008
77,865
645,439

19 90,475
90,476
591

$182,082
239,968
371,515
42,198

163,850

1428
1856
2248

$1,200

$1,332,206

246,587

2,282,076
1,877,428

1,018,985
319,940

560,909
2,419,420
425,442
2,488, 718
2,909,455
1,272,522
2,300, 560
2,491, 764
54,905,445

348,074
1,177,558
706,832
1, 723,107
1,064,174
545,074
2,383,696
1,235,106
6,946,265

9,353,938

1,949,115

1,456,397
6,347,566
13,897, 765
1,514,963

747,845
2,549,683
2,982,167
1,695, 541

709,255
522,247
469,084
918, 775
957,682
10,076,976
6,455,381
203, 517
1,847,243
384,013

224,976
416, 740
226,269
720,104
1,017, 587
2,608,070
2,188,937
51,128
624,886
307,181

1,354,724

321,015

5,526,818
2, 529,171
170,164

1,683,510
575,826
74,551




273,685

738,164

13,896
22,032
35,690
84,819
94, 246
84, 739
229,551
9,283

1,281,244
1,079,212
442,228
1,543,357
164, 525

19 /, Jfii
1,462

231

23,693
59, 993

2570

1525
1674
1956
2301
2627
2756
2792

2960

567,614

2291
2463

4,583,231

15, 518
32,217
47,127
44,242
29,854
85,054
257,157
31, 718
314,749

1381
1385
1540
1553
1554
1558
1580
1662
1684

1,455,119

113,493

1722

115, 581
1,983,603

17,142
116, 594
198,960
102,176

1724
1770
1780
1799

199,639
8,735
31, 729
59,144

1933
1958
1990
2096
2139
2171
2175
2270
2348
2543

1,887,196
639,132
21,258

1,153,680
35,956

2,640,998
500,394
220,675
470,183
148,095

145, 238
100,196
92,392
23,910
60,995
110,841

459,045
4,960

2552

63,372
90,289
61,421
37,065

1,900,547
1,063,481

2578
2629
2631

334

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 81,1941,
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

1856
1962
2248

187,202
369,664
17,698

$871,230
1,304,450
2, 554,643
243, 514

$677,408
2,774,608
3, 245,330
271,126

$1,561
2,303
31,155
3,000

2570

480

800, 236

2,077,811

58,513

1525
1674
1956
2301
2627
2756
2792
2890

5,828
66,540
31,555

507,102
759, 020
337,802
543,639
1,345,693
1,000,758
1,338,262
86,223

263,840
386,035
267,080
991,307
1, 523,768
594,198
3,243,038
196,649

1,331
3,356
6
1,931
5,435

»22,251
24,031

"54,229
46,042
363,905

1,067,958
316, 744

986,125
877,722

1,112

61,185
8,916

402,414
1,654,382
264,963
1, 254, 584
1, 743,176
342,904
.1,091,293
1,937,963
28,099,120

110,942
596,393
96,259
1,075,819
586, 714
669,839
990,397
376,807
24,995,261

15
8,197
13
681
8,063
30,927
4,438
126
528,084

47,538
156,818
61,099
157,634
254, 602
149,656
165, 517
176,868
1,151,065

466, 675

2,737,630

101,235

'937 \
2960

2291
2463

1381
1385
1540
1553
1554
1558
1580
1662
1684
1722
1724
1770
1780
1799

49,174

3,630
3,108

$40,416

23,145
121,556
133,408
19,000

246, 535

66,432
109, 767
65,723
140,738
220,299
105,979
32,408

io 9,523
7,762
12,068

177, 707
20,493

""49," 842"
290,000
1,682
12,436
101,070
6,186

2552

23, 083

38, 204
76,650

4,477,952

7,596

561,440

1,149,193
2,959, 529
6,027, 415
827,120

2,495, 720
6,963,254
464,287

1,219
1,997
74, 319
93

116,987
432, 613
473,925
173, 621

277,892
259, 667
427, 780
522, 513
6,315,989
3,130,938
880
961, 925

210,000
155,174
140,492
298,901
205, 654
2, 660, 641
2, 896,115
95,810
589,954
210,994

14
389
61
6,259
181
11, 593
8,440
1,400
7,845

1,618
13, 972
24,499

37,814
61,077
56,428
84, 765
89,126
433,122
246,442
23,336
195, 398
20,698

847,008

330,441

177

15,016

104, 296

1, 907,096
718,303

1,955

1933
1958
1990
2096
2139
2171
2175
2270
2348
2543

2578
2629
2631

57,240

203,242
411,621
71,045

1, 508, 508
460,926
64, 240

48,135 '
27,255 !

162, 532
84,646
16,403

124,023

48,000

Footnotes at end of table, pp. 386 to 389.




"227

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 earncating the progress and results of liquidation to Oct. SI, 1941—Continued
Disposition of proceeds of
liquidation—Continued

Cash in h a n d s
of Comptroller
and receivers

$247,920

A m o u n t of
claims proved

Dividend

$1,717,571
2,113,720
2,886,080
332,754

Amount returned to
shareholders
in cash

Interest
dividend
(percent)

50.73
70.57
88
78.5

(percent)

Date finally
closed

Jan. 15,1941
Oct. 25,1941
Apr. 14,1941

2,646,976

3 80

76.81
86.25
69.3
3 86.6
3 78
3 80.99
3 89
3 60

Dec. 4,1940
Aug. 5,1941
Jan. 18,1941
Mar. 14,1941

155,014
41,711

667,791
957,171
532,983
2,107,255
3,102, 072
1,781,684
3,067,162
412,675

i» 37,716
37,696
594,795

59
63.75

Aug. 18,1928\

269,388

25,366

1, 244,299
811, 916

89.78
3 100

62.08
74
37.47
66.54
46
27
48
83.85

131,915

648,218
2,240, 557
715,428
1,885,458
3,916,368
1,298,263
2,272,677
2,311,226
26,345,248

1,102,645

5,575,192

455, 752
358,852

1,259,114
3,477,599
6,686,499
2,114,690

91.27
85
3 90
41.47

547,056
369,354
607,874
1,157, 874
8,416, 589
3,466, 885
102,946
1,531,182
295, 941

58
50.667
73.67
87
45
3 75
90
100
62.5
41.9078

53,376

114,029

255; 715
70, 280
48,915

60,464
26,033

$110,963

134,022
655,631
135,242
3,823
78*149
3,799

2570

Mar. 22,1941

Jan.

7,1941

2291
2463

Feb.
May
June
Apr.

5

937
2960-

28,1941
31,1941
27,1941
19,1941

1381
1385
1540
1553
1554
1558
1580
1662
1684

June 30,1941

1722

55

1,388,333

174,333

3 98.84
* 100
H48

June 30,1941
Sept.

8,1941

Mar. 21,1941
Apr. 25,1941

17,992

61

3,852,330
1, 780,989
100,000

1 41,521
0




1525
1674
1956
2301
2627
275ft
2792
2890

June 10,1941/

11.521

34, 703

1428
1856
1962
2248

1724
1770
1780
1799
1933
1958
1990
2096
2139
2171
2175
2270
2348
2543
2552

Apr, 30,1941
Aug. 23,1941

2578
2629
2631

336

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 81,1941,
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

Failure

Name and location of banks
Charter
No.

Date

Capital
stock at
date of

Date receiver
appointed

PENNSYLVANIA—continued

First National Bank, Darby 7
_
First National Bank, Johnstown 7
Union National Bank, Scranton 7 7
_
County National Nank, Clearfield
First National Bank. Ambler 7
Bethlehem National Bank, Bethlehem '
First National Bank, Clarion 7_
Tower City National Bank, Tower City '_.First National Bank & Trust Co., Frackville.7
2819 First National Bank, Indiana 7
2823 First National Bank, Beaver Falls 7
2832 Commercial National Bank, Philadelphia 7_
2833 First National Bank, Charleroi ^
__
2834 First National Bank, Clifton Heights *
2847 First National Bank, Saegertown i
2860 Northwestern National Bank & Trust Co.,
Philadelphia. 7
2878 First National Bank, Forest City ^
2879 Farmers & Miners National Bank, Forest
City .7
Second National Bank, Erie 7
2889 First National Bank, Patton 7
2894 Sixth National Bank, Philadelphia 7 7
2899 Merchants National Bank, Pottsville
2903 First National Bank & Trust Co., Bedford 7 .
2904 Reading National Bank & Trust Co., Reading.7
2909 First National Bank, Shenandoah 7
2910 Farmers National Bank & Trust Co., Reading.7
2916 Penn National Bank & Trust Co., Reading 7 .
2918 Citizens National Bank, Shenandoah 7
2932 Commercial National Bank, Bradford *
2949 Nescopeck National Bank, Nescopeek *
2954 Lehigh Valley National Bank, Bethlehem i.
2961 Keswick National Bank of Glenside 4
_.

2700
2725
2734
2741
2780
2781
2802
2809
2810

None.

4428 July 15,1890
51 June 15,1882
8737 May 4,1907
6,1865
855 Feb.
3220 May 12,1884
3961 Dec. 10,1888
774 Jan. 23,1865
6117 Jan. 22,1902
7860 June 22,1905
313
3356
3604
4534
6275
11910
3491

Dec.
June
Dec.
Mar.
Apr.
Dee.
Apr.

10,1863
2,1885
7,1886
12,1891
17,1902
31,1920
3,1886

$250,000
400,000
500,000
500,000
250,000
300.000
100,000
50,000
125,000

Jan. 23,1934
Feb.
5,1934
Feb. 21,1934
Feb. 26,1934
Mar. 26,1934
do.
Apr. 16,1934
Apr. 20,1934
Apr. 23,1934

200,000
150, 000
2,000,000
50,000
50.000
25, 000
500,000

May 2,1934
May 8,1934
May 22,1934
do
do.-.—.
June 6,1934
June 25,1934

5518
9248

June 4,1900
Aug. 18,1908

150, 000 Aug. 10,1934
do
50, 000

606
4857
352
8964
3089
4887

Nov.
Sept.
Mar.
Oct.
Oct.
Jan.

500,000
200,000
300,000
125,000
150, 000
600,000

3143

Mar. 14,1884
Dec. 31,1864

100,000 Nov. 7,1934
1,000, 020 Nov. 8,1934

2899
9247
4199
12159
2050
13141

Mar.
July
Jan.
Apr.
Sept.
Nov.

3,1883
28,1908
1,1890
5,1922
6,1872
7,1927

1,000,000
100,000
300,000
84, 650
400,000
100,000

10674
1848
6871

Dec. 24,1914
June 5,1871
July 4,1903

200,000
500,000
500,000

Apr. 9,1931
June 30,1932
July 5,1933

4996
10650

Apr. 17,1895
Oct. 19,1914

400,000
110,000

Aug. 8,1933
Jan. 23,1934

5477

June 30,1900

87,500

Dee. 19,1936

750,000
75,000
75,000
1,500,000
2, 500,000
80,000

Nov. 12,1930
Oct. 19,1931
June 3,1933
Nov. 6,1933
Jan. 3,1934
Oct. 30,1934

14,1864
13,1893
18,1864
22,1907
31,1883
28,1893

Aug.
Sept.
Sept.
Oct.
Oct.
Oct.

Nov.
Dec.
Sept.
Oct.
Jan.
Apr.

13,1934
21,1934
29,1934
12,1934
26,1934
27,1934

26,1934
19,1934
30,1935
22.1937
23,1939
14,1941

RHODE ISLAND
SOUTH CAROLINA

Orangeburg National Bank, Orangeburg i_
First National Bank, Spartanburg
National Loan & Exchange Bank, Columbia.7
7
2329 Central National Bank, Spartanburg
7
2703 Edisto National Bank, Orangeburg

1549
2076
2308

SOUTH DAKOTA

2940

First National Bank, Centerville *
TENNESSEE

1422
1752
2302
2544
2659
2908

Holston-Union National Bank, Knoxville..First National Bank, Elizabetbton 7
„
Citizens National Bank, Greeneville
Chattanooga National Bank, Chattanooga 7 .
First National Bank, Chattanooga2
First National Bank, Rockwood 7

Footnotes at end of table, pp. 386 to 389.




4648
9558
13482
13654
1606

Oct.
Aug.
July
Dec.
Oct.
Oct.

13,1891
31,1909
11,1930
30,1932
25,1865
24,1889

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 earncating the progress and results of liquidation to Oct. 31, 1941—Continued
Circulation

Liabilities

Assets and assessments

Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

$1,229,964
2,372,076
1, 451,031
1,175,007
507,481
1, 484, 873
13, 065
140, 423
283,381

$2,967, 666
11,011,789
2,911,055
3,428, 707
1, 741,486
4,335, 044
1, 475,196
1, 205,060
1,359,548

$140, 249
179,034
286,124
100, 204
67, 452
104, 294
37, 802
18, 900
22,185

$4, 337,879
13, 562, 899
4, 648, 210
4, 703,918
2, 316, 419
5, 924, 211
1, 526, 063
1, 364, 383
1,665,114

$100,000
397, 650
500,000
495, 237
100, 000
50, 000
100, 000
50,000
50,000

$100,000
397,650
500,000
495, 237
100, 000
50,000
100,000
50,000
50,000

$4,823,681
15, 528, 795
5, 313, 777
6,076,149
2, 431, 589
6, 608, 564
1, 743, 778
1, 540, 545
1,952,978

$189,758
576,155
120,130
94,950
382, 846
188, 337
203, 263
15, 450
43,843

2700
2725
2734
2741
2780
2781
2802
2809
2810

803, 530
207,061
4,892,140
359,645
393,246
25,650
3,043,562

3,771,991
1,085,934
8,150,620
1, 786,566
1,257,191

4,659,992
1,362,930
13,509,828
2,186, 388
1,710,497
29,778
7,132,335

198,500
148,120
950,000
50,000
49,150

198,500
148,120
950,000
50,000
49,150

3,820,635

84,471
69,935
467,068
40,177
60,060
4,128
268,138

197,400

197,400

4,937,749
1,609,535
16,744,710
2,394,460
1,855,099
28,497
9,002,916

489,835
231,969
938,961
208,370
174,408
26
983,981

2819
2823
2832
2833
2834
2847
2860

157,022
240,391

1,085,121
617,870

14,738
26,805

1,256,881
885,066

50,000
50,000

50,000
50,000

1,588,582
1,019,465

83,718
33,795

2878
2879

952,074
269,902
2,622,010
544,804
436,858
8,021,681

8,457, 648
1,586,520
3,426,956
1,949, 748
908, 707
7, 263,125

163,583
35,659
250,591
64,057
69,679
1,017,215

9,573,305
1,892,081
6,299, 557
2,558,609
1,415,244
11,302,021

250,000
200,000
149,998
125,000
49,750
590,900

250,000
200,000
149,998
125,000
49,750
590,900

10,615,841
1,935,380
6,376,803
2,833,836
1,651,510
12,372,997

1,456,919
72, 296
315,595
103,031
161,753
814,887

2880
2889
2894
2899
2903
2904

512,356
2,336,093

1,944,196
6,809,523

59,142
327,044

2, 515,694
9,472,660

100,000
575,000

100,000
575,000

2,822,970
11,112,987

225,275
718,441

2909
2910

1, 278,302
242,843

3,463,930
1,453,137
4,613, 782
330,092

201,613
33,092
1,144,680
83,754

100,000
100,000

100,000
100,000

1,204,158

637

4,943,845
1,729,072
5,758,462
423,846
1,305,000
1, 204,795

6,111,687
2,173,135
5,159,344
396, 585
1,295,824
1,306,808

365,740
68,106
337,886
129,757
606,464
61,545

2916
2918
2932
2949
2954
2961

498,396
989,617
837,585

2, 023,106
2,282,965

1,698
47,221
115,329

500,094
3,059,944
3,235,879

299,997
390,000

299,997
390,000

680,957
3,554,458
3,732,006

2,916
659,871
330,225

1549
2076
2308

1,228,806
639,361

2,383, 566
1,543,498

72, 252
67,962

3,684,624
2,250,821

385,560
110,000

385,560
110,000

4,140,573
2,494,733

385,023
292,305

2329
2703

523,793

90,578

614,371

583,056

200,234

2940

11,162,384
1,061,410
651,311
9,883,045

114,351
64,221
50,557
185,421
5,059,680
42,338

13,051,185
1,337,405
1,353,105
13,013, 084
11,063,029
1,119,286

14,548,490
1, 389,941
1,409,671
17,118, 352
7, 506,036
1,201,027

501,018
46,148
50, 530
138,983
4, 295,005
96,750

1422
1752
2302
2544
2659
2908

10,000
1,305,000

Additional Total liabil
liabilities ities established to
established
date of
to date of
report
report

Lawful
money
deposited
to retire

Outstand Book value
ing at
of assets
date of
at date of
failure
failure

Additiona
assets received
since date
of failure

1

\

1,774,450
211,774
651,237
2,944,618
6,003,349
233, 659

843,289




742,198
50,000
75,000

742,198
50,000
75,000

50,666

50,666

338

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 81,
4,
amounts of total assets and total liabilities at date of failure, capital stock and slack
ings, together with the disposition of such collections, and various other data indiAssets a r ^ e ^ e n t s -

Progress of liquidation to date of this report

Total assess- Total assets
ments upon and stock
shareholders assessments

Cash collections from
assets

Cash collections from
stock
assessments

$2,084,363
7,435,300
3,384,460
4,684,621
1, 567,494
4,618, 510
1,168,782
1,252,083
1, 297, 302

$159,887
199,057
280, 593

Receivership
earnings, cash
collections
from interest,
premiums,
rent, etc.

Unpaid
balance,
R. F . C.
loans

Offsets
allowed
and
settled

115, 545
159,696
32,628
43,313
82,405

$416,461
1,567,861
218,990
444,833
153,306
723, 752
131,792
76,287
87,943

$385,425
700,403
470,572
226,752
220, 552
154,291
80,992
49,503
95,304

3,597,532
1,107,433
8,636,835
1,77a, 817
1, 220, 239
11,734
4,416,066

124,481
136,771
1,132, 934
29,884
40,819
18,388
428,318

294,851
97,227
784,556
159,355
118, 530
3,866
284, 611

162,574
116,113
1,486,000
91,779
139,237

1,822,300
1,103,260

987,313
677,697

40,161
27,032

98,770
57,127

61,974
63,652

500,000
200,000
300,000
125,000
150,000
600,000

12,572,760
2, 207,676
6,992,398
3,061,867
1,963,263
13, 787,884

6,348,946
979,236
3,595,140
2,153,869
1,254,412
6,369,471

315,810
72,768
218,277
81,703
93,823
434,512

655,971
77,951
217,223
177,852
116,408
743, 553

608,767
120,398
473,707
80,899
124,502
1,162,147

2909
2910

100,000
1,000,020

3,148, 245
12,831,448

1,902,251
6, 556,414

42,535
687,329

209,429
702,423

119,570
796,330

2916
2918
2932
2949
2964
2961

1,000,000
100,000
300,000

7,477,427
2,341, 241
5,797,230
526,342
2,302,288
1,368,353

3,573>467
1,359,371
3.502,258
373,452
190,857
775,245

818,271
34,037
268,817

594,471
151,344
168,846
27,916
90, 209
28,396

281,177
71,359
1,325,443
25,897

1649
2076
2908

200,000
600,000
500,000

883,873
4,714,329
4,562,231

209,669
1,926,165
2,136,269

146,228
379,815
326,809

18,076
258,860
146,878

281,288
355,135

2329
2708

400,000
110,000

4,925,596
2,897,038

2,878,634
1,756, 556

261,328
66,833

238,614
117,312

515,510
174,867

2940

50,000

833, 290

329,871

16,025

35.166

1422
1762
2302
2544
2659
2908

750,000
75,000
75,000
1,600,000
2, 500,000
80,000

15,799,508
1, 511,089
1, 535,201
18, 757,335
14,301,041
1, 377, 777

7,149,883
568,233
1,095,892
10,337,715
3, 393, 556
620,609

465,147
66, 608
71,321
1,022,397
313.903
51,365

1,072,012
93,656
»• 102,697
1,385,245
3,455,375
91,859

2700
2725
2734
2741
2780
2781
2802
2809
2810

$250,000
400,000
500,000
250,000
300,000
100,000
50,000
125, 000

$5,263,439
16, 504,950
5,933,907
6,171,099
3,064,435
7,096,901
2,047,041
1,605,995
2,121,821

2819
2823
2832
2833
2834
2847
2860

200,000
150,000
2,000,000
50,000
50,000
25,000
500,000

5,627, 584
1,991,504
19,683,671
2,652,830
2,079,507
53, 523
10,486,897.

2878
2879

150,000
50,000

2880
2889
2894
2899
2903
2904

400,000




247,837

410. 277
25,472
55,307
363,887
1,632,653
39,239

756,904

46; 140

REPORT OF THE COMPTROLLER OF THE CURRENCY

339

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, 19^1—Continued
Progress of liquidation to date of this report—Continued

Total collecLosses on
tions from all
sources includ- assets compounded or
ing offsets
sold under
allowed and
order of
unpaid balance
court
R. F. C. loans

Book value
of uncollected assets

Disposition of poceeds
of liquidation-

Distributions by
Book value
Book value
conservators—
of remaining
of assets
uncollected
returned to
stock
shareholders'
To unseTo secured
assessments
agents
cured
creditors
creditors

$3,046,136
9,902,621
4, 354,615
5,356,206
2,056,897
5,656,249
1,414,194
1, 421,186
1,562,954

$1,161,329
1,505,313
892,099
453,894
1,026,389
1,316,428
243,155
254,399
596,893

$1,382,322
6,463,934
686,776
805,832

4,179,438
1,457, 544
12,040,325
2,054,835
1,518,825
33,988
5,885,899

927,422
563,483
3,356,696
736,396
670,031
16, 789
3,285,539

740,056
54,475
4, 204,140
838

1,188, 218
825,508

623,013
311,911

7,929,494
1,250,353
4,504,347
2,494,323
1,589,145
8,709,683

2,946,530
908,042
2, 590,574
295,667
434,304
2,740, 407

2,273,785
8,742,496

1,026,424
2,465,503

5,267,386
1,616,111
5,265,364
427, 265
528,903
849,781

1,609,625
806,814
102, 266
126,993
68,403

376,973
2,846,128
2,965,091

474,204
1,449,526
975,221

557,350
595,606

50, 772
120,185
173,191

54,732

148,089

1549
2076
2308

3,894,086
2,115, 568

591,880
542, 317

539,572
313, 298

138,672
43,167

4,679

276, 539

2329
2703

380,062

385,196

33, 057

50,000

2940

9,096, 519
753,969
1,325,217
13,109,244
8 795 487
593,062

6, 828, 413
770, 365
261, 612
4,-219,235
9 145 Oil
,565,288

339, 723
49, 528
19,693
1,136,113
867, 347
40,761

1422
1752
2302
2544
2659
2908

;




707,672
454,112
10
7,322

1,528,388

$90 113
200,943 : : ; : : : : : : : : : : :
219,407
_
134,455
140,304
67,372
6,687
42,595

$4,020

75, 519
13,229
867,066
20,116
9,181
6,612
71,682

806

$1,132,324
1,664,259
289,936
1,595,038
694,157
793,493
830,894
1,795,401
459, 546

2700
2725
2734
2741
2780
2781
2802
2809
2810

604,005

2819
2823
28S2
2833
2884
2847
2860

362,118
291, 539

2878
2879
2980
2889
2894
2^03
2904

655,335
242,900

109,839
22,968

32,977
406,432
45
2,915,859

184,190
127, 232
81,723
43, 297
56,177
165,488

37,946

1,938,566
495,926
610, 268
1,059,025
406,382
1,320,321

2,013,181

57,465
312,691

47, 591

701,314
1,901,770

2909
2910

1,013,158
3,697
567,263

181,729
65, % 3
31,183

733,199
524,191

1,643,028
546,968

152,163

2916
2918
2932
2949
2954
2#61

2,168, 517

3,835
1,315,140
2, 807, 099
20, 031

58, 776

3,140, 333
238, 680

340

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,"1941 >
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

2700
2725
2734
2741
2780
2781
2802
2809
2810
2819
2823
2832
2833
2834
2847
2860

On unsecured
claims

2909
2910
2916
2918
2932
2949
2954
2961

1549
2076
2308

Cash advanced
in protection
of assets

Conservators'
salaries, legal
and other
expenses

Receivers'
salaries, legal
and other
expenses

$595,936
4,442,253
490,404
1,674,103
775,191
1,420,999
398, 309
296,207
203,815

$1,795,745
3,616,941
2,340,650
1,638,664
817,953
1,876,069
100, 615
221,928
380,616

$57,869
191,987
6,832
32,266
70
7,501
9,385
153
3,528

$59,577
121,225
61,383
59,040
56,717
55, 378
37, 558
16,349
26,252

$345,413
750,703
207,048
233,422
109,668
216,013
81, 766
57,322
59,879

902, 610
372,610
3,001, 720
514,612
325,458

3,820
7,574
226,102
1,216
729

69,956
45,994
325,910
34,345
34,021

523,535

1,059,726
448,438
7, 354,124
717,443
840, 944
15,225
4,084, 531

16, 900

117, 645

154,706
78,981
655,581
99,476
74,773
4,210
280,971

526,015
104,302

226,450
354,391

1,277
2,247

11,667
20,483

80,691
52,546

12,633

1,750,227
177,223
132,903
442,788
425,282
1,081,673

2,864,830
466,425
3,188, 531
784,514
611,862
5,191,170

138,947
8,243
6,041
3,813
11
35,637

126,312
33,922
144,091
41, 227
42,061
226,429

460,724
68,614
214, 202
79,809
81,127
506,959

11,071

730, 517
1,800,607

729, 735
3,764,126

73
78,804

41,315
194,145

70,831
456,529

2,001,614
494,188
3,163, 748
264,388

1,901,972
406, 736
1,508, 989
44, 665
242, 903
68,425

24,817
111
44,840

117,604
31, 776

291,083
68,467
203,526
32, 563
17,016
9,054

$158,396
799
3,342

206
72,223
14,553

2878
2879
2880
2889
2894
2899
2903
2904

Secured and
preferred liabilities paid
except through
dividends, including offsets
allowed

48,777

43,721

32,978
202

2329
2703

1,060,237
1,024,197

214,473
1,252,608
1,426,716

8,442
2,437

19,858

22,054
249,568
221,865

1,559,651
442,646

140,446
189,768

2,011,389
1,057,048

13,071
81

21,874
33,193

201,656
162,530

2940

10,636

213,851

41,050

1422
1752
2302
2544
2659
2908

390,958
14,337

5,439,891
153,836
375,794
3,487,048
1,405,220
87,670

2,797,370
403,300
851,219
5,190,446
6, 483, 673
340,095

2,754
8,941
279
73,534
54,119
1,043

35,045

13,800

Footnotes at end of table, pp. 386 to 389.




6,423
105, 700
25,267

465,546
154,033
91,502
869,970
368,669
86,583

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. Si 1941—Continued
t,
Disposition of proceeds of
liquidation—Continued

Cash in hands
of Comptroller
and receivers

Amount returned to
shareholders
in cash

$33,200
778,713
115,974
54,452
485,251
92,404
35,734
57, 970
192,
44,
404,
32,

207
401
665
408

258, 312

Amount of
claims proved

Dividend
(percent)

$2,380,185
9,860,842
2, 290,320
3,045,058
1,499,775
4,008,312
1,417,358
1,139,688
1, 277, 776

25
45
3 70
3 100
3 71.51
3 75
3 77.00
3 95
3 80

3, 594,175
908, 080
5,946, 452
1,461, 533
857,899
25, 650
3, 009, 961

3 75
3 90
50
3 80
3 66. 25
'2 50
3 37

1,047, 821
535,572

3 84.76
73.91

3

208, 311
83,147
22, 420
296,915

6, 743, 444
1, 440, 507
3,066,020
1, 763, 655
801, 244
6,127, 071

3 56
3 46.73
3 24
3 85
3 100
3 40

487,853

1, 773, 385
5, 670, 267

3 80.74
3 65

3, 029,108
1,316, 742
4, 240, 624
377, 698

Interest
dividend
(percent)

Date finally
closed

9.603
Dec. 21,1940

Mar. 21,1941
12 6. 736 Nov. 30,1940
Apr. 10,1941
Apr. 16,1941

3 90
3 80. 74
75
70

542, 335

197,097
89,976
300, 540
85, 649
236, 006
772,100

Mar. 26,1941

N o v . 30,1940

2700
2725
2734
2741
2780
2781
2802
2809
2810
2819
2823
2832
2833
2834
2847
2860
2878
2879
2880
2889
2894
2899
2903
2904
2909
2910
2916
2918
2932
2949
2954
2961

1, 111 380

85, 505
67,197

498, 584
1, 600, 513
1, 671, 563

28.169
67
3 70

86, 445
148, 852

1, 631, 066
1,172, 309

95
3 61

2329
2703

65, 680

562, 666

40

2940

19,522
242,213
483,806
23,724




10,576,546
911,170
502,130
7,698,026
4, 579,352
769,680

3 55.13
17
74.84
3 85
98.444
3 41

Aug.

2,1941

May

7,1941

Jan.

23,1941

1549
2076
2308

1422
1752
2302
2544
2659
2908

342

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 76.—National banks in charge of receivers during year ended Oct. 31,1941V
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

Date receiver
appointed

TEXAS
1331
1528
1709
2005

Texas National Bank, Fort Worth
American National Bank, Paris
Security National Bank, Bowie
Merchants National Bank, Brownsville

Feb.
Mar.
Oct.
Mar.

4,1930
9,1931
6,1931
28,1932

May 3,1923
Jan. 22,1927
Jan. 28,1925
Oct. 1,1903

$500,000
150,000
50,000
250,000

3515

May 18,1886

700,000

Nov. 16,1933

9635
6246

Oct. 25,1909
Mar. 8,1902

25,000
85,000

Jan. 10,1935
May 18,1939

12371
8542
12731
7002

UTAH

None
VERMONT

None
VIRGINIA
2571
2921
2956

First National Bank & Trust Co.,... . . .
Petersburg.7
National Bank of Herndon4
Parksley National Bank, Parksley *
WASHINGTON

None

.

.
WEST VIRGINIA

1457
1693
1758
1804
2562
2593
2714
2796
2955

Union National Bank, Fairmont
Alderson National Bank, Alderson
First National Bank, Cowen _
. . .
Second National Bank, Morgantown
..
National Bank of Fairmont 7 7
First National Bank, Keyser
7
First National Bank, Logan __ _ _ 7
First National Bank, Webster Springs
Point Pleasant National Bank, Point
Pleasant.4

2178

United States National Bank & Trust Co.,
Kenosha.
Ashland National Bank, Ashland
Northern National Bank, Ashland7
First National Bank, Clintonville
Commercial National Bank, Fond du Lac 7._

9645
9523
10559
2458
9462
6205
8136
8360
5701

Jan.
July
May
Feb.
June
Mar.
Feb.
June
Oct.

10,1910
19,1903
19,1914
11,1880
19,1909
5,1902
19,1906
30,1906
4,1900

420,000
25, 000
25,000
100,000
400, 000
80, 000
150, 000
25, 000
30,000

Dec.
Sept.
Oct.
Nov.
Nov.
Dec.
Feb.
Apr.
Mar.

Mar. 31,1923

200,000

Nov. 15,1932

May
Nov.
May
Oct.

100,000
100,000
100,000
500,000

Feb.
Feb.
Aug.
Jan.

16,1930
28,1931
20,1931
11,1931
13,1933
8,1933
1,1934
9,1934
8,1939

WISCONSIN

2272
2273
2339
2657

WYOMING

None

.

Footnotes at end of table, pp. 386 to 889.




12351
3196
3067
6273
6015

3,1884
20,1886
19,1902
29,1901

13,1933
13,1933
16,1933
2,1934

REPORT OP 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 earncating the progress and results of liquidation to Oct. 31, 1941—Continued
Circulation

Liabilities

Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

$1,171,161
279,702
87,033
719,457

$6, 362,097
960,388
141,119
2, 786, 273

$31, 437
15,015
5,253
32,083

$7, 564, 695
1, 255,105
233, 405
3, 537, 813

$484,940
94, 960

$484,940
94,960

249,997

1,147,880

3, 061, 875

131, 349

4, 341,104

10,000

312, 860
183,818

76,349
185

389, 209
194,003

696, 759
25,000
5,650
400, 975
1, 070, 786
184,914
946, 739
66, 850
11, 864

2,474, 918
476, 530
89, 084
1, 990, 228
4, 478, 625
980,867
1, 978,132
374, 488
411,137

57, 545
13, 388
2,136
37, 577
149, 250
6,393
64, 762
14, 304
1,069

3, 229, 222
514,918
96, 870
2,428, 780
5,698, 661
1,172,174
2,989, 633
455, 642
424, 070

Additional Total liabil- Lawful
liabilities ities estabmoney
lished to
established
deposited
date of
to date of
to retire
report
report

Assets and assessments

Outstand- Book value Additional
assets reing at
of assets
ceived
date of
at date of
since date
failure
failure
of failure

249,997

$6, 783,019
1,435,268
281, 229
4, 034, 705

$771, 584
200,493
59,879
331, 265

692, 200

692, 200

5, 089, 954

943,935

2571

24, 500

24, 500

362, 793
279, 379

18,894
75, 333

2921
2956

194, 960
12,137

194, 960
12,137

77, 780
400, 000
58, 680
12, 500
6,250

77,780
400, 000
58,680
12, 500
6,250

3, 653,146
550, 634
123, 674
2, 745, 356
6, 337, 230
1, 322, 734
3, 238, 394
484, 898
460, 933

134, 217
24,042
621
61,193
213, 638
22, 381
235,832
11,909
27, 231

1457
1693
1758
1804
2562
2593
2714
2796
2955

1331
1528
1709
2005

287,142

895, 548

54, 539

1, 237, 229

175,000

175,000

1, 471, 280

57,949

2178

205, 878
198,483
284,848
634,169

1, 515,954
998,004
1, 278, 940
2, 628, 689

23,183
21, 209
28,848
110,116

1, 745,015
1, 217, 696
1, 592, 636
3, 372,974

99,400
99,100
100,000
372, 450

99,400
99,100
100,000
372, 450

1, 854,064
1,307, 532
1, 777,174
4,161, 248

45, 342
106, 348
78, 651
149,465

2272
2273
2339
2657

433775—42
23



344

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,1941,
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 assessments upon
shareholders

Total assets
and stock
assessments

Cash collections from
assets

Cash collections from
stock
assessments

Receivership
earnings, cash
collections
from interest,
premiums,
rent, etc.

1331
1528
1709
2005

$500,000
150,000
50,000
250,000

$8,054,603
1,785,761
391,108
4,615,970

$4,905,034
664,304
138,837
2,200,254

$183,601
97,493
29,602
106,320

$198,882
41, 746
14,815
201, 644

$638,312
132,332
16,847
163,029

2571

700,000

6, 733,889

3, 452, 725

448, 797

247,470

331,255

2921
2956

25,000

406,687
354, 712

301,850
102,894

21,126

23,866
4,719

29,762
6,309

1457
1693
1758
1804
2562
2593
2714
2796
2955

420,000
25,000
25,000
100,000
400,000
80,000
150,000
25,000

4, 207, 363
599, 676
149, 295
2,906, 549
6,950,868
1,425,115
3, 624,226
521,807
488,164

2,330, 751
342, 590
101,046
1, 927,139
4,150, 318
927, 322
2, 262, 697
364, 593
387, 382

312, 794
21,158
11,892
100,000
290,444
69, 263
107,312
19,587

358,120
32,196
15,080
261, 746
426,951
98,173
177,892
66,112
6,132

196,683
29,818
8,260
238,924
451,884
50,243
241,402
29,507
29,038

2178

200,000

1, 729,229

800,843

141,425

57,956

173,226

2272
2273
2339
2657

100, 000
100,000
100,000
500, 000

1,999,406
1,513,880
1,955,825
4,810, 713

1, 216, 391
778,186
1, 260, 659
2, 698, 607

71, 771
83,689
87,380
367,157

123,321
107,906
124,918
237,883

75, 247
50,971
92,797
197,179




Unpaid
balance,
R. F . C.
loans

Offsets
allowed
and
settled

REPORT OF THE COMPTROLLER OF THE CURRENCY

345

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, 1941—Continued
Progress of liquidation to date of this report—Continued
Total collecLosses on
tions from all assets comsources includ- pounded or
ing offsets
sold under
allowed and
order of
unpaid balance
court
R. F. C. loans

Disposition of proceeds
of liquidation—

Distributions byBook value Book value
conservators—
of assets
Book value of remaining
uncollected returned to
of uncolshareholders' To secured To unsestock
lected assets
agents
assessments
cured
creditors
creditors

$5,925,829
935,875
200,101
2,671,247

$2,011,257
839,125
185,423
1, 702,908

$1
299,779

$316,399
52,507
20,398
143,680

4,480,247

985, 314

1,264, 595

251,203

376,604
113,922

48,402
41,174

1,673
204, 335

3,198,348
425,762
136,278
2,527,809
5,319,597
1,145,001
2, 789,303
479, 799
422, 552

1,259,929
202,268
265
640,486
1,888, 764
367,550
364, 322
35,213
71,744

14, 724
59, 902
605,805
67,494

1331
1528
1709
2005

$1,164,465

2571

3,874

2921
2956

107,206
3,842
13,108

1457
1693
1758
1804
2562
2593
2714
2796
2955

109, 556
10, 737
42,688
5,413

$2, 925

664, 321
345, 266
604, 357
177, 306

1,173,450

555,160

58,575

2178

1,486,730
1,020,752
1,565,754
3,500,826

607,768
584,723
502,369
1,414,927

28,229
16,311
12,620
132,843

2272
2273
2339
2657




805,069

346

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,1941,
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

1331
1528
1709
2005

On unsecured
claims

1457
1693
1758
1804
2562
2593
2714
2796
2955

2178

Cash advanced
in protection
of assets

Conservators'
salaries, legal
and other
expenses

Receivers'
salaries, legal
and other
expenses

$343,478
110,438
42, 776
272,204

$2,106, 298
372, 250
44, 949
992, 907

$3,246,104
434,897
98, 968
1,334, 390

$29, 526
2,770
320
51, 653

996,004

$15, 520
9,779

1,942,819

2,020

225,811
60, 957

57, 751
18, 536

2,138
11,836

27,212
13,851

4,441

221,069
55,494
24,680
180, 232
315, 580
87,076
136, 767
46,923
20,049

2571
2921
2956

Secured and
preferred liabilities paid
except through
dividends, including offsets
allowed

29,446!

8,000

2,026, 384
315, 346
67,150
1, 251,399
1,197,137
411, 594
539,413
107, 807
256,084

946,454
54, 922
20, 950
965, 329
2, 791,873
287, 727
1,422, 715
98, 251
90, 360

9,569

'492,381

559,888

2,720

861,575
560, 383
1,007, 931
1,422,173

527,423
371,169
386, 270
1,052,740

208
789
25

$39,006

16, 248
127, 475
3,018

2272
2273
2339
2657

Footnotes at end of table, pp. 386 to 389.




3,374
33,074
2,038
3,254
5,048

71, 502
8,375
19,324
12, 405

163,899

108,892

9,929
48,424

97, 524
88,411
97,185
172,420

REPORT OF THE COMPTROLLER OF THE CURRENCY

347

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, 1941—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

3,309
20,093

$4,291,037
827,507
122,181
2,176,195

172,034

2,359,688

390

2571

34,246
8,742

345,123
174,188

75
35

2921
2956

$200,423

2,893

$4,357

243,092
63,473
32,059
48,059

2,249,788
460,158
57,642
1,451,905
2,852,406
884, 911
1, 522,188
355,090
331,968

49
46.86
36
45

90.07
68.53
100
94.97
3 65
a 85.86
3 75
3 80
80

Dec. 26,1940

July 22,1941
July 25,1941
16.5
June 30,1941
M a y 17,1941

1331
1528
1709
2005

1457
1693
1758
1804
2562
2593
2714
2796
2955

665, 011

64,414




75.48

Oct. 15,1941

2178

1, 211,438
843,315
1, 205,135
2, 315, 701

3 71.12
s 66.45
3 83.5
s 96.18

Dec. 26,1940
July 17,1941

2272
2273
2339
2657

Aug. 30,1941

348

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. 31,1941,
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 indiSUMMARY
Liabilities
Capital stock at
date of failure Borrowed money
(bills payable,
rediscounts, etc.)
at date of failure

Grand total (2 21 receiverships)
Total active (0 receiverships)
Total finally closed (2 21 receiverships).
Total 1941 failures (2 21 receiverships)...
Total activity 1941 (2 « receiverships)..

2 4 $3,047
2 4 3, O47
2 4 3, 047
2 4 8,047

None..
Grand total (1 receivership)
Total active (0 receiverships)
Total finally closed (1 receivership).
Total 1941 failures (0 receiverships)..
Total activity 1941 (1 receivership)..
Grand total (6 receiverships)
Total active (1 receivership)
Total finally closed (5 receiverships).
Total 1941 failures (0 receiverships)...
Total activity 1941 (6 receiverships)-.

$80,000

334,983

80,000

"334," 983

3,950,000
1,000,000
2,950,000

3,712,079

3,712,079

None..
CONNECTICUT

Grand total (1 receivership)
Total active (1 receivership)
Total finally closed (0 receiverships).
Total 1941 failures (0 receiverships)...
Total activity 1941 (1 receivership)...

50,000
50,000

None..
DISTBICT OF COLUMBIA

Grand total (3 receiverships)
Total active (3 receiverships)
Total finally closed (0 receiverships).
Total 1941 failures (0receiverships)...
Total activity 1941 (3 receiverships) _.

Grand total (2 receiverships)
Total active (1 receivership)
Total finally closed (1 receivership).
Total 1941 failures (0 receiverships)..
Total activity 1941 (2 receiverships).

None..
None
_
Footnotes at end of table, pp. 386 to 389.




4,000,000
4,000,000

8,304,041
8,304,041

700,000
500,000
200,000

878,486
362,960
515,526

REPORT OP THE COMPTROLLER OF THE CURRENCY

349

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, 1941—Continued
SUMMARY
Assets and
assessments

Circulation

Liabilities—Continued

Additional liabilities established to date
of report

Total liabilities
established to
date of report

395,233

$45,379

$775, 595

$827,902

395,233

45,379

775,595

827,902

334

334

1,160,393
783,808
376,585

31,107,547
8,582, 750
22, 524,797

83,958

83,958

51,907
51,907

473,368
473,368

707

707

765,448
765,448

34,878,149
34,878,149

28,412

28,412

254,554
124, 363
130,191

9, 244,287
6,484,293
2,759,994

Total deposits
at date of
failure

Lawful moneydeposited to
retire

Outstanding at
date of failure

Book value of
assets at date
of failure

$3,047
3,047
3,047
3,047

26,235,075
7,798,942
18,436,133

421,461
421,461

25,808,660
25,808,660

8, 111, 247
5,996,970
2,114,277




U25

$2,249,480

$2,249,480

2,249,480

2,249,480

34,669,685
8,937,321
25,732,364

380,181
380,181

1,937,217
1,937,217

1,937,217
1, 937,217

40,451,841
40,451,841

50,000

50,000

50,000

50,000

10,413, 533
7, 336,197
3,077,336

350

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 76.—National banks in charge of receivers during year ended Oct. SI, 1941,
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 indiSUMMARY—Continued
Assets and assessments—Continued

Additional assets Total assessment
received since
upon sharedate of failure
holders

ALABAMA

Grand total (22* receiverships)
Total active (0 receiverships)
Total finally closed (2 « receiverships).
Total 1941 failures (2 21 receiverships)...
Total activity 1941 (2 21 receiverships)..

* $3,891
24 8,891
24 3,891
24 S, 891

ARIZONA

None..
Grand total (1 receivership)
Total active (0 receiverships)
Total finally closed (1 receivership).
Total 1941 failures (0 receiverships)..
Total activity 1941 (1 receivership)..

88,938

$80,000

241,188

CALIFORNIA

Grand total (6 receiverships)
Total active (1 receivership)
Total finally closed (5 receiverships).
Total 1941 failures (0 receiverships)...
Total activity 1941 (6 receiverships)..

1, 253, 704
217, 721
1,035, 983

3, 950,000
1,000,000
2,950,000

/ , 588

None...
CONNECTICUT

Grand total (1 receivership)
Total active (1 receivership)
Total finally closed (0 receiverships).
Total 1941 failures (0 receiverships)...
Total activity 1941 (1 receivership)...

104, 276
104, 276

25,000
25,000

24 1, 747

DELAWARE

None_.
DISTRICT OF COLUMBIA

Grand total (3 receiverships).
Total active (3 receiverships)
Total finally closed (0 receiverships).
Total 1941 failures (0 receiverships)...
Total activity 1941 (3 receiverships) .

Grand total (2 receiverships).
Total active (1 receivership)
Total finally closed (1 receivership).
Total 1941 failures (0 receiverships)..
Total activity 1941 (2 receiverships).
None.

None
Footnotes at end of table, pp. 386 to 389.




1,027, 596
1,027,596

4,000,000
4,000,000

24 5,382

391,388
233, 696
157, 692

60

700,000
500,000
200,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

351

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, 1941—Continued
SUMMARY—Continued
Assets and assessments—Con.

Progress