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EIGHTY-SEVENTH ANNUAL REPORT OF THE Comptroller of the Currency 1949 WASHINGTON : 1950 TREASURY DEPARTMENT Document No. 3167 Comptroller of the Currency II LETTER OF TRANSMITTAL TREASURY DEPARTMENT, OFFICE OF THE COMPTROLLER OF THE CURRENCY, Washington, D. C, June 21, 1950. SIRS : 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 1949. Respectfully, PRESTON DELANO, Comptroller of the Currency. THE PRESIDENT OF THE SENATE. THE SPEAKER OF THE HOUSE OF REPRESENTATIVES. Ill ANNUAL REPORT OF THE COMPTROLLER OF THE CURRENCY The Comptroller of the Currency has the honor to present herewith to the Congress of the United States his Annual Report for the calendar year 1949. The operations of national banks during 1949 reflected, to a limited extent, changes taking place in the general economy. During the preceding five years, loans by national banks had increased annually, from $10 billion in 1943 to almost $24 billion at the end of 1948. This trend did not continue during 1949. The economic fluctuations of the year were reflected in a decrease in loans of over $1 billion during the first half, followed by a recovery in the last six months to an aggregate loan figure slightly greater than at the beginning of the year. For similar reasons, demand deposits fell $2.5 billion in the first half of the year, but increased $2.9 billion during the last six months to a year-end total of $47.4 billion. The decrease resulted in a roughly corresponding drop in cash and balances with other banks, but the subsequent increase went largely into holdings of federal government securities, which increased $3.3 billion during the year. This also was a reversal of the previous post-war trend toward smaller holdings of federal government securities as loan demand had expanded. It is appropriate to mention the general high quality of the assets held by the National Banking System. To meet total liabilities of $84 billion at the year end, the banks had resources of $90 billion, of which almost $60 billion consisted of cash, balances with other banks, and federal government securities. Securities of state and local governmental bodies and of private corporations were slightly less than $6 billion, and the remaining $24 billion consisted of loans, as previously mentioned. A significant development in commercial banking during the past two decades has been the expansion in consumer installment financing. At the beginning of that period installment financing was largely in the hands of industrial banks and finance companies, with fewer than 200 commercial banks operating consumer credit departments. At the end of 1949 over 11,000 insured banks were operating in this field. After an interval of temporary eclipse during the second World War, the rapid rise of installment credit has been a conspicuous feature of the post-war period. During the past two years, the volume of consumer credit rose sharply while business indicators in general have leveled off or in some cases have declined. It may be argued that consumer credit is merely expanding along with personal income at the higher post-war levels, but in any event consumer credit has served as a stimulant to production, which in turn has led to increased employment, thereby creating additional purchasing power. In reality, it has become a very definite part of our economy. Its importance is manifest from its VI REPORT OF THE COMPTROLLER OF THE CURRENCY rapid expansion, and today its position is so strategic that it can serve as an economic stabilizer or lead to economic instability, depending upon the way it is handled and the timing of its expansion or contraction. During the year 1949 consumer loans held by national banks increased $663 million, to a total of $4.5 billion, representing 19 percent of total loans held by national banks at the year end. With respect to real estate loans, real property values continued at a high level during the year and the volume of loans secured thereby showed further expansion, although at a slower rate than in the two or three preceding years. The high level of values is attributable in part to demand and in part to construction costs incident to rising prices for labor and material. The ratio of mortgage debt to property value is higher than ever and the average term of mortgage indebtedness has tended to lengthen due in part to permissive legislation during recent years. This factor, however, is offset in part by the fact that interest rates are lower and most mortgages are on an amortization basis. Investment in municipal bonds increased during the year by more than $.5 billions—from $3.2 billion to $3.7 billion. The tax-exempt feature of these securities plus the supply incident to substantial municipal requirements in all fields suggests the likelihood of further expansion in this type of investment. As pointed out in our Report for 1948, our basic standard with respect to such securities is credit soundness. There is only one way to determine credit soundness and that is by means of a careful appraisal of all relevant financial facts. National banks have responded well to our suggestions that they maintain and utilize the credit information necessary to enable them to acquire such obligations on an informed basis. The municipal securities market remained relatively stable and no asset problems of consequence in this field arose during the year. During the year 1949 the gross earnings of national banks from current operations exceeded $2 billion for the first time. This represented an increase of more than $100 million over earnings for 1948. This increase resulted from larger earnings in all major categories of services rendered (interest on investments, interest on loans, service charges, and miscellaneous), but over three-fourths resulted from increased interest on loans. Operating expenses also increased, so that net earnings from current operations rose only $40 million (from $716 million for 1948 to $756 million for 1949). National banks are increasingly utilizing the statutory procedure for establishing "reserves for bad debts" as a means of providing for possible future losses on loans. Transfers to such reserves on loans during the past year aggregated more than $122 million. In our opinion, sound and reasonable provisions for loan reserves offer definite advantages, the chief of which is a moderation of net income crests and troughs by providing in prosperous years for the inevitable losses of years in general business recession. Viewed broadly on a national basis, we believe that the $30 billion of loans and securities other than those of the federal government, which were held in national bank portfolios at the end of the year, represent sound extensions of credit and investments, which are unlikely to give REPORT OF THE COMPTROLLER OF THE CURRENCY Vll rise to large losses. However, some degree of risk is necessarily inherent in any banking system which adequately meets the credit needs of the nation, and the owners of the thousands of units in the American system of independent banks receive the return on their investment as compensation for providing the "capital cushion" to cover this risk. Out of total 1949 net profits of $475 million (an increase over 1948 of slightly more than $50 million), dividends oi $205 million were declared, the remaining $270 million being retained to strengthen the capital structure of the National Banking System. Even with this conservation of earnings and similar praiseworthy conservation of earnings during previous post-war years, it has been impossible for the growth of capital funds to keep pace with the growth of deposits which took place during the war economy and subsequent thereto. Federal bank supervisory authorities have an obligation not only to the country as a whole, but to every community and area in which a bank under their supervision is located, and to the depositors and shareholders of every such bank. In accordance with this principle, our Bureau strives constantly to bring each individual national bank up to the high standard of asset condition and operating efficiency which characterizes the system as a whole. One aspect of this effort is the strengthening of capital structure, not only by retention of earnings but also by sale of additional stock where necessary. Such a program is a natural and desirable concomitant of the post-war increase in normal banking risk due chiefly to the greater volume of loans previously referred to. At the end of the year, capital accounts totaled almost $6 billion, or 25*percent of the amount of deposits not covered by cash and "federal ^government securities. When the general high quality of other securities and loans is considered, it is necessary to conclude that the National Banking System is in very healthy condition. It is worthy of note that the $6 billion capital structure of the National Banking System is almost wholly based upon a single class of common stock. Until March 1933, there was no power on the part of national banks to issue preferred shares. This Bureau regards the legislation of that year, authorizing issuance of preferred stock, to have been intended almost solely for emergency situations. In accordance with this interpretation of the law, and with the full cooperation of national banks having preferred stock outstanding, the past fifteen years have seen preferred stock in national banks fall from 17 percent of capital funds in 1935 to less than 4/10ths percent at the end of 1949. We believe our interpretation of the law as calling for a single uniform class of national bank stock is also in accordance with sound economic principles. The Bureau of the Comptroller of the Currency has responsibilities to national bank stockholders (and potential stockholders) which are second only to its responsibilities to depositors and the banking public generally. A capital structure consisting solely of uniform common stock has considerable advantages. The complications of corporate affairs are not clear even to the investing public, and where a corporation is capitalized with two or more classes of stock, many shareholders have a very limited understanding of their relative positions and rights. Likewise, the existence of two or more classes of stock, with unlimited pos viii REPORT OF THE COMPTROLLER OF THE CURRENCY sible variations in preferences as to dividends, redemption, voluntary and involuntary liquidation, voting rights, protection against dilution, and many others, has often given rise to conflicts of interests between common and preferred shareholders. National banks are in an especially favorable position to avoid the disadvantages of capital structure of two or more classes of shareholders. Generally speaking, under existing laws, regulations and supervisory practices, common stock in an adequately capitalized national bank is a more stable investment than common stocks of most industrial and mercantile enterprises. Consequently, there is seldom any need for different classes of stock in order to attract different levels of available investment funds. The National Banking System is an important element in our economy and every effort should be made to minimize the obstacles to its obtaining the additional capital funds which are continuously essential to the performance of the system's work in an expanding economic world. It is probable that the public will become increasingly aware of the simple and uniform character of national bank capitalization, with a consequent increased willingness to invest its funds in those institutions. An incidental benefit of our policy in this matter is that the capital structure of national banks may serve as an example of simplicity and workability to investors large and small, which in time may have a beneficial effect upon corporate financing generally. During the five years 1945 to 1949, inclusive, the number of national banks in operation declined by fifty (from 5,031 to 4,981). During the same period, the number of branches of national banks increased by over four hundred (from 1,618 to 2,033). The decrease in the number of banks—less than 1 percent in five years—is perhaps too slight to be significant, standing alone. However, the over-25 percent increase in the number of branches indicates a relatively large number of situations in which a community or residential area does not maintain an independent local bank, for some reason, but nevertheless receives banking service through a local branch of an established bank. In this connection, it is appropriate to mention our general policy of encouraging independent local banking, rather than expansion of branch systems, wherever the former gives promise of operating soundly and to the satisfaction of the community. Of the numerous building and loan associations in the City of Washington, some operate under provisions of the District of Columbia Code, and others ("Federal Savings and Loan Associations") under provisions of the Home Owners Loan Act of 1933. Likewise, some credit unions in Washington operate under the District of Columbia Credit Unions Act, and others under the Federal Credit Union Act. The building associations and credit unions operating under local law are supervised by this office. Those belonging to the nation-wide systems are respectively supervised by the Home Loan Bank Board and the Bureau of Federal Credit Unions in the Federal Security Agency. In the interest of uniformity and efficiency in the supervision of these organizations, it is again recommended that the functions of the Comptroller of the Currency with respect to building associations and credit unions be transferred to the Board and Agency named. A comparison of the assets and liabilities of the banks in the National Banking System as of December 31, 1948, April 11, June 30, November 1, and December 31, 1949, reported pursuant to calls for condition statements by the Comptroller of the Currency, is shown in the following table. REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities oj national banks on dates indicated [In thousands of dollars] Dec. 31, 1948 Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 (4,997 banks) (4,996 banks) (4,993 banks) (4,988 banks) (4,981 banks) ASSETS 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 stocks of Federal Reserve banks. ... .-. 23,818,513 34,977,410 2,853 3,190,189 1,898,185 159,716 22,941,026 22,578,120 /35,595,411 \ 2,087 3,289,963 3,410,267 1,901,718 1,959,419 XOA coo one 161,062 162,609 23,438,583 23,928,293 / 38,268,473 I 2,050 3,718,789 3,747,200 2,027,769 2,023,542 165,216 166,485 64,046,866 62,876,575 63,707,913 67,682,727 Total loans and securities Cash, balances with other banks, including reserve balances, and cash items in process of collection __ 23,024,269 20,855,906 20,376,181 19,676,846 573,557 584,507 587,617 Bank premises owned, furniture and fixtures 601,720 Real estate owned other than bank premises 9,559 10,051 12,351 12,725 Investments and other assets indirectly representing bank premises or other real estate 43,794 45,262 48,414 50,992 Customers' liability on acceptances outstanding 113,097 89,356 75,325 83,415 Interest, commissions, rent, and other income earned or accrued but not collected 152,578 146,977 150,161 195,139 Other assets 171,332 156,426 141,488 145,509 68,136,043 _ 88,135,052 Total assets 21 044 958 599,582 12,184 51,831 106,421 166,653 121,507 84,765,060 85,099,450 88,449,073 90,239,179 47,004,636 44,318,284 44,470,804 46,415,997 47 352 731 18,828,056 1,504,408 5,230,758 7,843,607 18,907,230 1,815,957 5,294,587 6,887,424 19,008,719 1,451,478 5,398,970 6,946,245 18,935,621 2,025,538 5,182,966 7,717,139 18 954 970 2,030,693 5,423,285 8,279,678 LIABILITIES Demand deposits of individuals, partnerships, and corporations _ _ Time deposits of individuals, partnerships, and corporations Deposits of U. S. Government and postal savingsDeposits of States and political subdivisions Deposits of banks _______ Other deposits (certified and cashiers' checks, etc.) Total deposits 1,236,551 887,431 1,175,252 1,105,524 1,302,961 81,648,016 78,110,913 78,451,468 81,382,785 83,344,318 Demand deposits 61,937,877 58,249,770 58,367,215 61,374,683 Time deposits 19,710,139 19,861,143 20,084,253 20,008,102 Bills payable, rediscounts, and other liabilities for borrowed money 41,330 89,553 14,123 170,075 Mortgages or other liens on bank premises and 291 261 274 260 other real estate Acceptances executed by or for account of reporting banks and outstanding 127,337 97,866 83,860 95,579 Interest, discount, rent, and other income collected but not earned. _ _ 108,995 111,109 116,661 135,279 Interest, taxes, and other expenses accrued and unpaid 216,222 238,366 225,396 272,400 Other liabilities 321,973 339,598 379,765 408,584 Total liabilities- 63,293,252 20 051 066 7 562 260 123,927 138 910 231,581 458,280 82,464,164 78,987,666 79,271,547 82,464,962 84,304,838 1,828,759 2,510,495 1,009,365 1,905,026 2,478,494 1,068,755 1,907,958 2,506,653 1,084,283 1,913,907 2,521,377 1,213,773 1,916,340 2 639 440 1,067,664 CAPITAL ACCOUNTS Capital stock (see memoranda below). Surplus Undivided profits _ _ Reserves and retirement account for preferred stock _. Total capital accounts Total liabilities and capital accounts 322,269 325,119 329,009 335,054 310,897 5,670,888 5,777,394 5,827,903 5,984,111 5,934,341 88,135,052 84,765,060 85,099,450 88,449,073 90,239,179 22,130 1,915 1,804,714 21,038 1,131 1,882,857 21,264 1,061 1,885,633 19,806 15 621 1,893,134 1,899,772 1,828,759 1,905,026 1,907,958 1,913,907 1,916,340 31,757 2,927 29,566 1,518 28,978 1,448 26,230 1,304 21,923 1,284 34,684 31,084 30,426 27,534 23,207 8,926,898 9,427,546 9,218,252 9,941,876 9,816,904 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 _ Assets pledged or assigned to secure liabilities and for other purposes (including notes and bills rediscounted and securities sold with agreement to repurchase) 967 947 4 REPORT OF THE COMPTROLLER OF THE CURRENCY TRENDS IN BANKING The following table shows the changes that have occurred in recent years in the relationships of the major asset and liability accounts of national banks to the aggregate of assets and liabilities. Distribution of assets and liabilities of national banks, Dec. 81, 1946-49 1946 1947 1948 1949 Percent 49.32 3.13 14 2.38 Percent 43.90 3.42 .14 2.30 Percent 39.69 3.62 14 2.19 Percent 42.41 4.15 15 2.28 __ 54.97 49.76 45.64 48.99 Loans and discounts Cash and balances with other banks, excluding reserves Reserve with Reserve banks _ _ Bank premises, furniture and fixtures __ _ _ _ _ _ ___ Other real estate owned All other assets _ _ _ _ _ — — 20.40 11.11 12.54 .60 .01 .37 24.29 11.74 13.22 .60 .01 .38 27.03 10.94 15.18 .65 .01 .55 26.52 11.40 11.92 .66 .01 .50 100.00 100.00 100.00 100.00 53.65 21.25 2.17 4.86 9.63 1.60 54.36 21.21 1.02 5.34 9.51 1.58 53.33 21.36 1.70 5.94 8.90 1.41 52.47 21.01 2.25 6.01 9.17 1.45 __ _ 93.16 93.02 92.64 92.36 __ _ _ __ _ 71.26 21.90 .77 71. 0U 21.98 .85 70.28 22.36 .93 70. H 22.22 1.06 2.07 2.68 1.32 2.01 2.71 1.41 2.07 2.85 1.51 2.12 2.93 1.53 ASSETS Securities: U. S. Government, direct and guaranteed Obligations of States and political subdivisions Stock of Federal Reserve banks _ Other bonds and securities _ Total securities. Total assets _ _ . __ - _ __ LIABILITIES Deposits: Demand of individuals, partnerships, and corporations. _ Time of individuals, partnerships, and corporations XJ. S. Government _ States and political subdivisions Banks ___ __ _ _ _ _ _ _ __ __ Other deposits (including postal savings) __ _ _ Total deposits. _ _ Demand deposits Time deposits. _ Other liabilities _ _ Capital funds: Capital stock Surplus -_ Undivided profits and reserves __ Total capital funds Total liabilities and capital funds __ __ _ _ _ -_ _ 6.07 6.13 6.43 6.58 100.00 100.00 100.00 100.00 EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS FOR YEAR ENDED DECEMBER 31, 1949 The net operating earnings of national banks in the year ended December 31, 1949, were $756,000,000, an increase of more than $40,000,000 over the amount reported for the preceding year. Gross earnings exceeded $2,004,000,000, an increase of $104,000,000 over the gross earnings for the year 1948. The principal items of operating earnings in 1949 were $969,000,000 from interest and discount on loans, an increase of $78,000,000 over 1948, and $582,000,000 from interest on United States Government obligations, an increase of $3,000,000 compared to the year 1948. Other principal items of operating earnings were $117,000,000 from interest and dividends on securities other than United States Government obligations, an increase of $6,000,000 over the previous year, and $109,000,000 from service charges on deposit accounts, an increase of $11,000,000. Operating expenses, ex REPORT OF THE COMPTROLLER OF THE CURRENCY 5 eluding taxes on net income, were $1,248,000,000 as against $1,184,000,000 in 1948. Principal operating expenses were $611,000,000 for salaries and wages of officers and employees and fees paid to directors, an increase of $35,000,000 over 1948, and $184,000,000 expended for interest on time and savings deposits, an increase of $8,000,000. Adding to the net operating earnings profits on securities sold of $40,000,000 and recoveries on loans and investments, etc. (including adjustments in valuation reserves) of $77,000,000, and deducting therefrom losses and charge-ofFs (including current additions to valuation reserves) of $205,000,000, and taxes on net income of $194,000,000, the net profits before dividends for the year 1949 amounted to nearly $475,000,000, which amounts to 8.17 percent of capital funds. Cash dividends declared on common and preferred stock in 1949 totaled $205,000,000, in comparison with $194,000,000 in 1948. The rate of cash dividends was 3.52 percent of the average capital funds during the year. The cash dividends in 1949 were 43 percent of the net profits available for the year. The remaining 57 percent of net profits, or $270,000,000, was retained by the banks in their capital funds. Interest and dividends on securities represented 35 percent of gross earnings for the year, with the banks in the twelfth Federal Reserve district showing the lowest ratio at 25 percent, while the third and seventh districts both showed 43 percent for the highest ratio. Interest and discount on loans accounted for 48 percent of the banks' earnings, varying from 40 percent in the seventh district to 59 percent in the twelfth district. Salaries, wages, and fees took over 30 percent of gross earnings, ranging from 28 percent in the fourth district to 32 percent in the first, second and ninth districts. Current operating earnings before income taxes were 38 percent of gross earnings, ranging from 35 percent in the first and seventh districts to 42 percent in the tenth district. The rate of interest and dividends received on the average securities held during the year was 1.67 percent, and varied from 1.56 percent at the banks in the tenth district to 1.95 in the third district. On the average loans and discounts the rate of interest and discount varied from 3.21 percent in the second district to 4.79 percent in the twelfth district for an average rate of 4.13 percent. Current operating earnings before income taxes were 13 percent on the average total capital accounts, varying from 9.7 percent in the first and second districts to 20.7 percent in the twelfth district. Net profits after income taxes but before dividends were 8 percent on the average capital accounts, ranging from 5.5 percent in the second district to 12.4 percent in the twelfth district. Summaries of the earnings, expenses, and dividends of national banks for the years ended December 31, 1948, and December 31, 1949, are shown in the following table. REPORT OF THE COMPTROLLER OF THE CURRENCY Earnings, expenses, and dividends of national banks for years ended Dec. 31, 1948 and 1949 [In millions of dollars] Number of banks1 Capital stock (par value)2 _ Capital accounts2Earnings from current operations: Interest and dividends on—• U. S. Government obligations Other securities _ _ _ Interest and discount on loans Service charges on deposit accounts Other current earnings _ _ Total __ __ __ 1948 4,981 1,884.4 5,811.0 4,997 1,804.5 5,546.0 -16 +79.9 +265.0 582.2 117.7 969 1 109.5 226.3 2,004.8 578.7 110.9 890 6 97.7 222.6 1,900.5 +3.5 +6.8 +78 5 +11.8 +3.7 + 104.3 611.0 184.0 65.7 30.7 356.9 1,248.3 575.8 175.5 61.3 27.7 344.1 1,184.4 +35.2 +8.5 +4.4 +3.0 + 12.8 +63.9 756.5 716.1 +40.4 6 1 15.4 40.2 19 7 11.3 37.5 — 13 6 13.5 11.5 30.8 117.5 24.6 23.9 44.5 161.5 -11.1 -12.4 -13.7 -44.0 __ 21.3 18.3 46.6 23.6 -25.3 -5.3 __ _ 14.5 122.1 28.9 205.1 19.6 160.6 27.0 277.4 -5.1 -38.5 +1.9 -72.3 668.9 600.1 +68.8 183.0 11.0 194.0 166.7 9.7 176.4 +16.3 +1.3 +17.6 474.9 423.8 +51.1 1.1 203.6 204.7 1.3 192.6 193.9 -.2 + 11.0 +10.8 1.4 12.8 5.6 6.5 -4.2 +6.3 2.3 45.0 87.0 8.8 30.8 36.7 -6.5 +14.2 +50.3 Percent 62.27 8.17 10.87 3.52 Percent 62.32 7.64 10.75 3.50 Percent -.05 + .53 + .12 + .02 ___ __ _ ___ _ Current operating expenses: Salaries, wages, and fees _ __ _ _ _ __ Interest on time deposits (including savings deposits) Taxes other than on net income _ _ _ __ Recurring depreciation on banking house, furniture and fixtures Other current operating expenses _ _ __ Total ___ _ _ Net earnings from current operations. -_ Recoveries, transfers from valuation reserves, and profits: On securities: Recoveries Transfers from valuation reserves _ _ _ Profits on securities sold or redeemed On loans: Recoveries Transfers from valuation reserves All other _ __ _ _ ___ _ _ _ Total- _ Losses, charge-offs, and transfers to valuation reserves: On securities: Losses and charge-offs _ _ _ _ _ _ Transfers to valuation reserves On loans: Losses and charge-offs Transfers to valuation reserves- _ _ All other- .._ Total Profits before income taxes _ _ Taxes on net income: Federal—State Total Net profits before dividends Cash dividends declared: On preferred stock On common stock Total _ _ ___ _ _ _ _ _ _ _ _ ___ __ __ _ __- _ _ _ ____ ___ _ _____ __ _ _ _ _ _ __ __ _ __ _ Memoranda items: Recoveries credited to valuation reserves (not included in recoveries above): On securities _ _ On loans Losses charged to valuation reserves (not included in losses above): On securities On loans _ _ __ Stock dividends (increases in capital stock) _ _ __ Ratios: Expenses to gross earnings. _ Net profits before dividends to capital accounts Cash dividends to capital stock _ Cash dividends to capital accounts Change since 1948 1949 __ _ _ __ +4.1 +2.7 1 Number at end of period. Remaining figures include earnings, expenses, etc., of those banks which were in operation a part of the year but were inactive at the close of the year. 2 Figures are averages of amounts reported for the June and December call dates in the current year and the December call date in the previous year. NOTE.—Figures are rounded to the nearest tenth of a million and may not equal totals. KEPORT OF THE COMPTROLLER OF THE CURRENCY 7 STRUCTURAL CHANGES IN THE NATIONAL BANKING SYSTEM The authorized capital stock of the 4,983 national banks in existence at the close of business on December 31, 1949, including 2 inactive banks, consisted of common capital stock aggregating $1,899,273,492, a net increase during the year of $94,186,895, and preferred capital stock aggregating $17,198,458, a net decrease during the year of $7,084,570. In addition to 23 applications with proposed common capital stock of $3,380,000, 1 of which also provided for $50,000 of preferred capital stock, carried over from the previous year, 38 applications were received to organize national banks and to convert State banks into national banking associations, with proposed common capital stock of $5,275,000. Of these applications, 16 with proposed capital stock of $1,900,000 were approved; 16 with proposed capital stock of $1,250,000 were rejected, and the remainder had been abandoned or were still pending as of December 31. From the applications carried over from the previous year and those approved during 1949, 18 national banking associations with common capital stock of $2,205,000, 1 of which also had $50,000 of preferred capital stock, were authorized to commence business. Of the charters issued, 5 with common capital stock of $450,000, 1 of which also had $50,000 of preferred capital stock, resulted from the conversions of State banks; 1 with capital stock of $100,000 was organized to acquire the business of a liquidating national bank and 1 with capital stock of $100,000 acquired the business of a private bank. During the year, 13 national banks and 3 state banks were consolidated under authority of the act of November 7, 1918, as amended, into 8 national banking associations with common capital stock of $16,565,000. Approximately $53,400,000 of assets were brought into the national banking system by reason of the 3 State banks being consolidated with national banks. In addition, national banks reported the purchase of the business of 12 State banks, with capital stock of $1,545,000 and assets of approximately $56,200,000. During the year, 32 national banks with common capital stock of $7,320,000, 1 of which also had $280,000 of preferred capital stock, went into voluntary liquidation in the manner provided by sections 5220 and 5221 of the United States Revised Statutes. Of these banks, 16 with common capital stock of $3,865,000 and assets of $229,505,136 were succeeded by other national banks; 13 with common capital stock of $3,255,000, 1 of which also had $280,000 of preferred capital stock, and assets of $146,708,416, were succeeded by State banks, and 3 with common capital stock of $200,000 and assets of $5,974,826, paid their depositors and quit business. Changes in the number and capital stock of national banks during the year ended December 31, 1949 are shown in the following summary. REPORT OF THE COMPTROLLER OF THE CURRENCY Organization, capital stock changes, and national banks closed as reported during the year ended Dec. 81,1949 Number of banks Increases: Banks newly chartered: Primary organizations _ Reorganizations Conversions of State banks _ _ Capital stock: 114 cases by statutory sale _ _ 175 cases by statutory stock dividend 34 cases by stock dividend under articles of association 6 cases by statutory consolidation 2 cases by increase in par value of preferred capital stock Total increases __ _ _ _ Decreases: Banks ceasing operations: Voluntary liquidations: Succeeded by national banks_ _ Succeeded by State banks No successors _ _ ____ _ _ _ Statutory consolidations. _ _ _ _ _ _ _ Receiverships _ _ _ _ _ _ _ _ _ "__ ___ Capital stock: 84 cases by retirement _ _ _ _____ 3 cases by statutory reductions. _____ Total decreases-_ _ _ __ __ 11 2 5 Capital stock Common $1,555,000 200,000 450,000 Preferred $50,000 11,847,750 84,913,355 1,345,790 1,325,000 604,000 18 101,636,895 654,000 16 13 3 5 3,865,000 3,255,000 200,000 280,000 130,000 7,458,570 7,450,000 7,738,570 Net change Charters in force Dec. 31, 1948, and authorized capital stock. _ 94,186,895 -19 5,002 1,805,086,597 -7,084,570 24,283,028 Charters in force Dec. 31, 1949, and authorized capital stock__ 4,983 1,899,273,492 17,198,458 37 BRANCHES On December 31, 1949, 299 national banks were operating a total of 2,033 branches, including 5 seasonal offices. During the year ended December 31, 1949, 100 branches were brought into the national banking system. Of the 100 branches, 49 were authorized to operate in places other than the city in which the parent bank is located. During the same period 6 branches were discontinued, 2 through actions of the boards of directors of the parent banks and 4 through voluntary liquidation of the parent banks. Of the 100 branches authorized, 97 were operating on December 31, 1949. Eight branches authorized in 1948 did not begin operations until 1949. There was a net gain in the system of 99 operating branches in the year. NATIONAL BANK NOTES OUTSTANDING There were as of December 31, 1949, $90,360,410.00 of national bank notes outstanding. REPORT OF THE COMPTROLLER OF THE CURRENCY 9 DISTRIBUTION OF ALL BANKS On December 31, 1949, there were 14,705 commercial and savings banks in the United States and possessions with deposits of $165,244,044,000. Of these banks, 13,628, or 93 percent, with 95 percent of the deposits, were insured banks. The 4,975 national banks, members of the Federal Reserve System, represented 34 percent of all banks and held 50 percent of the total deposits. The 531 mutual savings banks, of which 192 were insured, held $19,293,388,000 of deposits. Classification of all banks, Dec. SI, 1949 Banks Deposits Change in Number Percent 12 months of of grand (percent banks total of grand total) [nsured banks: National-State member— Commercial _ Mutual savings. _ __ Nonmember— State commercial1 Mutual savings. _ Total insured banks Uninsured banks: Nonmember— State commercial and private2 Mutual savings Total uninsured banks— Total all banks 1 2 Change in Percent 12 months of grand (percent total of grand total) *4,975 33.83 -0.04 83,112,814 50.30 +0.06 1,914 3 13.02 .02 -.04 0 40,755,734 16,050 24.66 .01 + .01 0 6,547 189 44,52 1.29 + .38 0 19,325,761 13,575,497 11.69 8.22 -.24 + .35 13,628 92.68 + .30 156,785,856 94.88 + .18 738 339 5.02 2.30 -.30 0 1.67 3.45 -.15 -.03 1,077 7.32 -.30 8,458,188 5.12 -.18 14,705 100.00 165,244,044 100.00 Includes 4 nonmember insured national banks. Includes 2 nonmember uninsured national banks Amount (000 omitted) 2,756,347 5,701,841 10 REPORT OF THE COMPTROLLER OF THE CURRENCY ASSETS AND LIABILITIES OF ALL BANKS IN THE UNITED STATES AND POSSESSIONS The total assets of all classes of active banks in the United States and possessions on December 31, 1949, amounted to $180,043,000,000, an increase of $3,968,000,000 since December 31, 1948. The total deposits at the end of 1949 amounted to $165,244,000,000, an increase of $3,203,000,000 over 1948. Included in the 1949 figures are deposits of individuals, partnerships, and corporations of $137,870,000,000, an increase of $1,349,000,000 in the year. Deposits of the United States Government, including postal savings deposits, were $3,325,000,000, an increase of $804,000,000, or 32 percent, since December 1948; deposits of States and political subdivisions amounting to $8,957,000,000 showed an increase of $395,000,000, or 5 percent, in the year, and deposits of banks of $12,721,000,000 were $436,000,000, or 4 percent, more than in 1948. Loans and discounts amounted to $49,828,000,000 in December 1949 after deducting reserves of $787,000,000 for possible future losses. The net loans were $1,375,000,000, or 3 percent, over the amount reported as of the end of 1948. Commercial and industrial loans of $17,195,000,000 were 10 percent less than at the end of 1948; consumer loans of $8,159,000,000 increased 17 percent in the'year; real estate loans of $18,350,000,000 were up 10 percent, and all other loans of $6,911,000,000 increased 8 percent. The banks held obligations of the United States Government, direct and guaranteed, of $78,754,000,000 in December 1949, an increase of $4,292,000,000, or 6 percent, since December 1948. Obligations of States and political subdivisions held amounted to $6,657,000,000, an increase of $903,000,000, and other securities held amounted to $6,025,000,000, an increase of $308,000,000. The total of all securities held at the end of 1949 was $91,436,000,000, and represented 51 percent of the banks' total assets. At the end of the previous year the ratio was 49 percent. Cash and balances with other banks, including reserve balances, in December 1949 were $36,676,000,000, a decrease of 7 percent since 1948. Total capital accounts were $13,165,000,000, compared to $12,554,000,000 at the end of 1948. The total of surplus, profits, and reserves at the end of 1949 was $9,617,000,000, an increase of $486,000,000, or 5 percent in the year. A statement of the assets and liabilities of all classes of active banks in the country at the end of December 1948 and 1949 follows: 11 REPORT OF T H E COMPTROLLER OF THE CURRENCY Assets and liabilities oj all banks in the United States and possessions, 1948 and 1949 [In millions of dollars] Number of banks Dec. 31, 1949 Dec. 31, 1948 Change since 1948 14,705 14,735 -30 18,350 17,195 8,159 16,704 19,055 6,960 2,658 4,253 2,332 4,040 50,615 787 49,091 638 ASSETS Loans on real estate Commercial and industrial loans (including open-market paper) Consumer loans Loans to brokers and dealers in securities and other loans for the purpose of purchasing or carrying securities Other loans Total gross loans Less valuation reserves Net loans U. S. Government obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks, including stocks of Federal Reserve banks Total securities 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 Other assets Total assets +1,646 -1,860 + 1,199 +326 +213 + 1,524 +149 + 1,375 49,828 48,453 78,754 6,657 5,505 520 74,462 5,754 5,200 517 +4,292 +903 +305 91,436 85,933 +5,503 +3 2,185 2,145 +40 34,491 1,173 32 37,490 1,123 32 -2,999 +50 0 86 191 621 78 205 616 -14 180,043 176,075 +3,968 83,454 54,416 3,325 8,957 12,721 2,371 83,166 53,355 2,521 8,562 12,285 2,152 +8 +5 LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations 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 Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for borrowed money._ Acceptances executed by or for account of reporting banks and outstanding Other liabilities Total liabilities 165,244 162,041 +288 + 1,061 +804 +395 +436 +219 +3,203 108,976 56,268 107,088 5U,953 +1,888 +1,315 27 64 -37 222 1,385 228 1,188 166,878 163,521 -6 + 197 +3,357 48 69 3,431 6,385 2,626 48 79 3,296 6,008 2,506 0 -10 + 135 +377 + 120 CAPITAL ACCOUNTS Capital notes and debentures Preferred stock Common stock Surplus Undivided profits Reserves and retirement account for preferred stock and capital notes and debentures Total capital accounts Total liabilities and capital accounts 606 617 -11 13,165 12,554 +611 180,043 176,075 +3,968 NOTE:—Figures for nonnational banks obtained from the Federal Deposit Insurance Corporation, 12 REPORT OF THE COMPTROLLER OF THE CURRENCY REPORTS FROM 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 December 31, 1949. Reports were required as of April 11, June 30, November 1, and December 31. Summaries from all condition reports, by States, are published in pamphlet form. National banks were also required by statute to obtain reports of their affiliates and holding company affiliates other than member banks as of the four dates for which condition reports of the banks were obtained and to submit such reports to the Comptroller. Under the general power conferred upon him by law, the Comptroller obtained from each national bank during the period indicated semiannual reports of earnings, expenses, and dividends; also reports of condition of all domestic branches as of June 30, 1949, and foreign branches as of December 31, 1949. 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 December 31,1949. 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 condition reports and reports of earnings, expenses, and dividends identical with those 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, 1949, and reports of receipts and disbursements for the year ended December 31, 1949. Detailed figures from reports of condition and earnings and dividends will be found in the appendix of this report. 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. At the end of December 1949, 854 of the national banks reported 11,962 affiliates and holding company affiliates, of which 10,296 were duplications reported by 239 banks. The actual number of affiliates, or 1,666, included 23 holding company affiliates which controlled 195 active national banks. The number of banks in each holding company group varied from 1 to 48. At the end of 1948 there were 23 holding company affiliates which controlled 194 national banks, varying in number from 1 to 48 associations. Under the waiver of requirement for reports of affiliates, it was necessary for only 348 banks to submit and publish 387 reports of affiliates and holding company affiliates. Of the latter number 179 were duplications of reports of affiliates and holding company affiliates by 179 banks. REPORT OF THE COMPTROLLER OF THE CURRENCY 13 LIQUIDATION OF INSOLVENT NATIONAL BANKS During the year ended December 31, 1949, there were no failures of national banks. The liquidation of two insolvent national banks was completed during the year, leaving a total of four receiverships in process of liquidation as of December 31, 1949. Of these four banks two were in charge of the Federal Deposit Insurance Corporation as receiver and the remaining two banks were involved in litigation. ISSUE AND REDEMPTION OF NOTES One thousand and twenty-six shipments of Federal Reserve currency were made from Washington, D. C, during the year ended December 31, 1949, to Federal Reserve agents and Federal Reserve branch banks, aggregating $4,759,320,000, and in addition, 20 deliveries were made to the Treasurer of the United States aggregating $93,200,000. Four thousand nine hundred and eighteen lots of unfit Federal Reserve currency were received for verification and certification for destruction consisting of 451,504,149 notes aggregating $5,572,084,866. Twenty-four lots of national bank notes were received for verification and certification for retirement and destruction consisting of 474,269 notes aggregating $7,275,931. One hundred ninety-three thousand one hundred and sixty-four fragments of charred Federal Reserve and national bank notes aggregating $2,742,257 were presented by the Treasurer of the United States for identification and approval. 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 year ended December 31, 1949, 9,694 examinations of banks, 3,538 examinations of branches, 1,572 examinations of trust departments, and 34 examinations of affiliates were conducted. Five State banks were examined in connection with conversions to or consolidations with national banks. Investigations were also conducted in connection with applications for 25 new charters and 134 new branches. 14 REPORT OF THE COMPTROLLER OF THE CURRENCY ORGANIZATION AND STAFF On December 31, 1949 the Office of the Comptroller of the Currency had in its employ 1,178 persons. Of these, 204 were assigned to the Washington Office, including 33 employees in the Federal Reserve Issue and Redemption Division, which is an expense of the Federal Reserve Banks. The total personnel in the Washington Office was reduced by 8 during the year. At the end of the year 1949 there were 125 clerks employed in the 12 field offices located in the 12 Federal Reserve districts, a decrease of one employee. However, there was a net increase of 100 employees in the entire field force, the result of our efforts to bring our examining staff up to normal requirements. Sixteen national bank examiners and 51 assistant national bank examiners left the service during the year. In the same period 23 assistants were promoted to examiner and 162 new assistants were appointed, leaving a total of 260 examiners and 589 assistant examiners in the service at the end of the year. EXPENSES OF THE BUREAU The expenses of the office incident to the supervision of national banks are met largely by fees assessed against the banks. Such expenses paid from these assessments for the calendar year 1949 aggregated $6,572,482.48. Expenses of the Division of Insolvent National Banks are paid from assessments against insolvent national banks in process of liquidation. Such expenses for the calendar year 1949 totaled $82,826.11. Expenses of the Federal Reserve Issue and Redemption Division are paid by the Federal Reserve banks. These expenses for the calendar year 1949 amounted to $99,045.47. APPENDIX 15 CONTENTS TABLES Page No. 1. Comptrollers and Deputy Comptrollers of the Currency since 1863__ No. 2. Total number of national banks organized, consolidated under act November 7, 1918, as amended, insolvent, in voluntary liquidation, and in existence on December 31, 1949 No. 3. Number and authorized capital stock of national banks chartered and the number and capital stock of national banks closed in each year ended October 31, from 1935 to 1941, inclusive, for the 14-month period from November 1, 1941, to December 31, 1942, inclusive, and for the years ended December 31, 1943 to 1949 No. 4. National banks chartered during the year ended December 31, 1949__ No. 5. National banks chartered which were conversions of State banks during the year ended December 31, 1949 No. 6. National banks reported in voluntary liquidation during the year ended December 31, 1949, the names of succeeding banks in cases of succession, with date of liquidation and capital stock No. 7. National and State banks consolidated during the year ended December 31, 1949, under act November 7, 1918, as amended No. 8. Number of domestic branches of national banks authorized during the year ended December 31, 1949 No. 9. Number and class of domestic branches of national banks closed during the year ended December 31, 1949 No. 10. Principal items of assets and liabilities of national banks, by size of banks, according to deposits, December 31, 1948 and 1949 No. 11. Number of national banks in United States and possessions with surplus fund equal to or exceeding common capital stock, and the number with surplus fund less than common capital stock 1942 to 1949__ No. 12. Dates of reports of condition of national banks, 1914 to 1949 No. 13. Assets and liabilities of national banks on April 11, June 30, November 1, and December 31, 1949 No. 14. Earnings, expenses, and dividends of national banks, by States, for the year ended December 31, 1949 No. 15. Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended December 31, 1949 No. 16. Earnings, expenses, and dividends of national banks, by size of banks, for the year ended December 31, 1949 No. 17. Earnings, expenses, and dividends of national banks, years ended December 31, 1947 to 1949 No. 18. Number of national banks, capital stock, capital funds, net profits, dividends and ratios, years ended December 31, 1929-49 No. 19. Total loans of national banks, losses and recoveries on loans, and ratio of net losses or recoveries to loans, by calendar years 1930-49 No. 20. Total securities of national banks, losses and recoveries on securities, and ratio of net losses or recoveries to securities, by calendar years 1930-49 No. 21. Foreign branches of American national banks, December 31, 1949___ No. 22. Consolidated statement of assets and liabilities of foreign branches of national banks, December 31, 1949 No. 23. Assets and liabilities of banks in the District of Columbia, by classes, December 31, 1949 No. 24. Assets and liabilities of all banks in the District of Columbia at date of each call during year ended December 31, 1949 No. 25. Assets and liabilities of nonnational banks in the District of Columbia at date of each call during year ended December 31, 1949 No. 26. Earnings, expenses, and dividends of banks in the District of Columbia, years ended December 31, 1949 and 1948 No. 27. Number of banks, capital stock, capital funds, net profits, interest and dividends, and ratios, all banks in the District of Columbia, years ended December 31, 1929-49 No. 28. Total loans of banks in the District of Columbia, losses and recoveries on loans, and ratio of net losses or recoveries to loans, by calendar years 1930-49 19 20 21 22 23 24 25 26 28 29 30 31 33 87 95 98 100 102 103 103 104 105 106 108 109 110 112 113 17 18 REPORT OF THE COMPTROLLER OF THE CURRENCY No. 29. Total securities of banks in the District of Columbia, losses and recoveries on securities, and ratio of net losses or recoveries to securities, by calendar years 1930-49 No. 30. Summary of assets and liabilities December 31, 1949, and receipts and disbursements in year ended December 31, 1949, of the 21 building and loan associations in the District of Columbia No. 31. Summary of assets and liabilities December 31, 1949, and receipts and disbursements in year ended December 31, 1949, of the 18 District of Columbia credit unions No. 32. Assets and liabilities of all active banks in the United States and possessions, by classes, December 31, 1949 No. 33. Assets and liabilities of all active banks in the United States and possessions, by States and Territories, December 31, 1949 No. 34. Assets and liabilities of active national banks, by States and Territories, December 31, 1949 No. 35. Assets and liabilities of all active banks other than national, by States and Territories, December 31, 1949 No. 36. Assets and liabilities of active State commercial banks, by States and Territories, December 31, 1949 No. 37. Assets and liabilities of active mutual savings banks, by States, December 31, 1949 No. 38. Assets and liabilities of active private banks, by States, December 31, 1949 No. 39. Per capita demand and time deposits of individuals, partnerships, and corporations in all active banks, by States, December 31, 1949 No. 40. Officials of State banking departments and number of each class of active banks in December 1949 No. 41. Assets and liabilities of all active banks, 1937 to 1949 No. 42. Assets and liabilities of all active national banks, 1937 to 1949 No. 43. Assets and liabilities of all active banks other than national, 1937 to 1949 No. 44. 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 December 31, 1949 No. 45. Number and deposits of national and District of Columbia nonnational banks placed in receivership period April 14,1865, to December 31, 1949, by groups according to percentages of dividends paid to December 31, 1949 No. 46. Liquidation statement, 6 receiverships in liquidation during year ended December 31, 1949 No. 47. Liquidation statement, 2 administered receiverships completely liquidated and finally closed, during year ended December 31, 1949 No. 48. Liquidation statement, 4 active receiverships as of December 31, 1949 No. 49. National banks in charge of receivers during year ended December 31, 1949, 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 December 31, 1949 No. 50. Bank suspensions since inauguration of Federal deposit insurance, years ended December 31, 1934 to 1949 No. 51. Fiduciary activities of national banks as of December 31, 1949 No. 52. Fiduciary activities of national banks by Federal Reserve districts as of December 31, 1949 No. 53. Classification of investments in living and court trust accounts under administration by the active national bank trust departments, December 31, 1949 No. 54. Fiduciary activities of national banks by States as of December 31, 1949 ----T Table "T." Statements of assets and liabilities of the individual national banks at close of business December 31, 1949, arranged alphabetically by States, Territories, and towns. (Omitted from this report and published as a separate table. See reference on page 187.) 114 115 116 117 119 128 136 144 152 156 160 162 164 165 166 167 170 171 172 173 174 180 181 182 183 184 19 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of appointment and resignation, and States whence appointed Name No. COMPTROLLERS OF THE CURRENCY McCulloch, Hugh Clarke, Freeman Hulburd, Hiland R Knox, John Jay Cannon, Henry W Trenholm, William L Lacey, Edward S Hepburn, A. Barton 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, JohnW O'Connor, J. F. T Delano, Preston 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 Date of appointment Date of resignation May 9, 1863 Mar. 21, 1865 Feb. 1, 1867 Apr. 25, 1872 May 12, 1884 Apr. 20, 1886 May 1, 1889 Aug. 2, 1892 Apr. 26, 1893 Jan. 1, 1898 Oct. 1, 1901 Apr. 28, 1908 Feb. 2, 1914 Mar. 17, 1921 May 1, 1923 Dec. 20, 1924 Nov. 21, 1928 May 11, 1933 Oct. 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. 27,1913 Mar. 2, 1921 Apr. 30,1923 Dec. 17,1924 Nov. 20,1928 Sept. 20,1932 Apr. 16,1938 DEPUTY COMPTROLLERS OF THE CURRENCY May 9, Howard, Samuel T.___ Aug. 1, Hulburd, Hiland R.___ Mar. 12, Knox, John Jay Aug. 8, Langworthy, John S Jan. 5, Snyder, V. P Jan. 27, Abrahams, J. D Aug. 11, Nixon, R. M Apr. 7, Tucker, Oliver P Mar. 12, Coffin, George M Sept. 1, Murray, Lawrence O.June 29, Kane, Thomas P July 1, Fowler, Willis J May 21, Mclntosh, Joseph W.J l 1 July Collins, Charles W.___ Jan. 6 Stearns, E. W July 1 Await, F. G July 6 Gough, E. H Dec. 1 Proctor, John L Jan. 24 Lyons, Gibbs Feb. 24 Prentiss, William, Jr._ Jan. 16 Diggs, g g , Marshall R do. O d G Oppegard, G. JJ Oct. Upham, C. B May y, A. J Mulroney, July McCandless, R. dl R B Sept. Sedlacek, L. H Oct. Robertson, J. L Jan. Hudspeth, J. W Term expired. 2 1863 1865 1867 1872 1886 1887 1890 1893 1896 1898 1899 1908 1923 1923 1925 1927 1927 1928 1933 1936 1938 1938 1939 1941 1941 1944 1949 State Indiana. N e w York. Ohio. Minnesota. Do. South Carolina. Michigan. New York. Illinois. Do. Do. New York. Virginia. Ohio. Illinois. Do. Ohio. California. Massachusetts. 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. Sept. 30, 1944 Nebraska. Nebraska. Texas. Aug. 1, 1865 Jan. 31, 1867 Apr. 24, 1872 Jan. 3, 1886 Jan. 3, 1887 M a y 25, 1890 Mar. 16, 1893 Mar. 11, 1896 Aug. 31, 1898 June 27, 1899 Mar. 2, 19232 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 Dec. 31, 1948 Aug. 31, 1941 Died Mar. 2, 1923 20 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 2—Total number of national banks organized, consolidated under act Nov. 7, 1918, as amended, insolvent, in voluntary liquidation, and in existence Dec. 31, 1949 Location Maine New Hampshire Vermont _ _ M^ assachusetts Rhode Island _ Connecticut _ _ __ _ __ __ Total New England States _ New York New Jersey _ ._ Pennsylvania Delaware _ Maryland District of Columbia _ Total Eastern States _ __ Virginia West Virginia _ _ North Carolina . South Carolina _ Georgia Florida Alabama Mississippi Louisiana _ Texas Arkansas Kentucky Tennessee _ _ _ Total Southern States Ohio Indiana _ Illinois Michigan Wisconsin _ Minnesota Iowa Missouri Consolidated under act Nov. 7, 1918 127 5 _ Total Western States __ __ 13 In liquidation 76 In existence 33 51 22 28 201 54 63 40 72 444 296 55 129 425 382 2 1 24 3 5 852 991 21 47 2 4 59 211 1 17 7 2,893 129 424 1,034 1,306 250 190 152 123 187 146 178 79 107 1,179 147 246 208 17 11 5 6 8 2 2 5 3 35 1 9 7 28 38 44 43 42 42 45 16 16 140 39 37 36 73 67 57 49 86 41 62 34 53 564 55 108 93 132 74 46 25 51 61 69 24 35 440 52 92 72 3,192 111 566 1,342 1,173 696 25 12 17 10 9 7 4 10 112 98 227 77 54 116 204 58 318 203 288 153 115 188 241 146 125 383 78 95 179 97 79 3,969 94 946 1,652 1,277 259 3 100 115 12 1 4 3 129 391 16 61 12 39 118 8 47 417 1,282 30 141 32 219 404 447 193 61 218 _ _ _ Insolvent 5 17 28 2 7 80 85 371 67 122 438 915 318 273 490 546 293 Total Middle Western States North Dakota South Dakota _ Nebraska Kansas _ _ Montana .. _ _ Wyoming Colorado .. . _ New Mexico Oklahoma .. Organized 3 93 83 76 76 12 55 86 743 12 25 84 35 448 79 194 193 75 25 83 208 633 13 61 9 241 41 35 126 174 39 24 77 26 199 2,630 38 604 1,247 741 Washington Oregon California _ _ Idaho __ Utah Nevada._ Arizona _ _ _ _ _ _ _ _ 225 148 519 110 38 17 31 17 2 12 1 1 51 30 64 35 6 4 6 120 96 349 61 17 7 21 37 20 94 14 11 5 3 Total Pacific States 1,088 37 196 671 184 1 4 1 Alaska The Territory of Hawaii __ Puerto Rico Virgin Islands of the United States Total possessions 4 5 6 1 1 4 1 1 6 1 13 1 6 1 2 S Total United States and possessions 14,637 450 4,983 2,808 6,396 Includes 456 organized under Act Feb. 25, 1863; 9,401 under Act June 3, 1864, as amended; 10 under Gold currency Act of July 12, 1870; and 4,770 under Act Mar. 14, 1900. 2 Exclusive of those restored to solvency. 8 Includes 208 passed into liquidation upon expiration of corporate existence. 1 21 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 3—Number and authorized capital stock of national banks chartered and the number and capital stock of national banks closed in each year ended Oct. 31, from 1935 to 1941, inclusive, for the 14-month period from Nov. 1, 1941, to Dec. 31, 194^, inclusive, and for the years ended Dec. 81,1943 to 1949 inclusive Closed Chartered Year No. 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1 2 3 4 Capital Consolidated under act Nov. 7, 1918 No. Loss to capital In voluntary liquidation No. Capital Insolvent No. Capital 49 $7,780,000 13 !$447,1OO 189 $19,615,250 25 $4,305,020 12 7,680,000 6 10,200,000 20 2,465,000 3 15,000 76 29 5,355,000 8 TO, 875 98 11,049,540 11 1,987,150 4,550,500 2 50,000 47 875,000 3 8 12 7,066,000 6 745,000 19 2,925,000 1 75,OOO 56 5,178,250 19 3,282,000 4 ^82,500 53 5,319,180 3 15 5,545,000 6 !25,000 41 282,000 1 6,604,100 2 9 1,177,089 1 42,000 48 160,000 5,129,155 2 50 12 2,175,000 1 650,000 3,229,750 21 3,815,000 3 12125,000 30 3,513,000 39 5,110,000 5 n, 700,000 43 4,535,000 36 8,475,000 10 ^0,000 35 5,422,300 30 26 5,400,000 2 4,218,635 27 21 3,420,000 5 ^75,000 4 7,600,000 32 18 3 2,255,000 5 Amount of capital stock reductions incident to consolidations. Preferred capital stock reduction. Includes $50,000 of preferred capital stock. Includes $280,000 of preferred capital stock. Net yearlyincrease (exclusive of existing banks increasing their capital) No. Capital Net yearly decrease (exclusive of existing banks decreasing their capital) No. Capital 158 $14,827,370 59 5,230,000 82 7,269,565 43 3,700,500 42 4,436,000 38 2,478,750 35 81,180 42 5,629,011 41 3,604,155 $460,250 12 9 103,000 3,890,000 9 6 22,300 11 1,573,635 19 5,345,000 22 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 4—National banks chartered during the year ended Dec. SI, 1949 Charter No. Capital stock (common) Title ARKANSAS 14631 Citizens National Bank of Walnut Ridge _ _ _ ___ $50,000 __ _ _ _ _ _ 150,000 75,000 400,000 CALIFORNIA 14624 14629 14632 T u l a r e C o u n t y N a t i o n a l B a n k of V i s a l i a . . _ First National Bank in McFarland _ _ _ _ _ _ N a t i o n a l C i t y B a n k of L o n g B e a c h _ _ __ _ - _ _ _ __ _ 625,000 Total (3banks) _ _ _ __ __ CONNECTICUT 14627 First National Bank of Thompsonville _ _ 100,000 GEORGIA 14620 DeKalb National Bank of Brookhaven _ _ _ _ _ 50,000 ILLINOIS 14626 Du Quoin National Bank, Du Quoin __ __ _ _ _ _ 100,000 _ _ _ 125,000 INDIANA 14630 Farmers and Merchants National Bank of Monticello- _ _ LOUISIANA 14621 Gulf National Bank of Lake Charles _ ___ 1 __ 150,000 MINNESOTA 14622 St. Cloud National Bank, St. Cloud 100,000 NEBRASKA 14637 First National Bank of Chadron 100,000 NEW MEXICO 14628 14636 First National Bank of Hobbs First National Bank in Las Vegas __ __ 150,000 150,000 ____ Total (2 banks) 300,000 SOUTH CAROLINA 14625 First National Bank of Easley __ __ 75,000 TEXAS 14623 14634 14635 First National Bank of Monahans First National Bank of Edna First National Bank of McAllen _ ___ Total (3 banks)__ _ __ _ ____ 130,000 150 000 150,000 _ 430,000 VIRGINIA 14633 Farmers & Merchants National Bank of Blacksburg Total United States (18 banks). 1 Includes $50,000 of preferred capital stock. - _ _ _ _ _ 50,000 % 255,000 REPORT OF THE COMPTROLLER OF THE CURRENCY 23 TABLE NO. 5—National banks chartered which were conversions of State banks during the year ended Dec. 81, 1949 Charter No. 14620 14621 14622 14633 14635 Title and location DeKalb National Bank of Brookhaven. _. Gulf National Bank at Lake Charles St Cloud National Bank, St. Cloud Farmers & Merchants National Bank of Blacksburg _ _-. _ _ _ _ .__ First National Bank of McAUen Total (5 banks) 1 Includes $50,000 of preferred capital stock. State Effective date of charter Georgia Jan. 19 1 Louisiana . Feb. do Minnesota Virginia.._ Texas Sept. Nov. 1 1 Authorized capital Approximate surplus and undivided profits Approximate assets uso.ooo 100,000 $21,643 564,115 93,790 $699,960 12,122,022 2,447,293 50,000 150,000 65,037 300,854 1,315,595 10,050,743 '500,000 1,045,439 26,635,613 $50,000 24 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 6—National Banks reported in voluntary liquidation during the year ended Dec. 31, 1949, the names of succeeding banks in cases of succession, with date of liquidation and capital stock Name and location of bank First National Bank in Merced, Calif. (13028), absorbed by The Anglo California National Bank of San Francisco, Calif Manitowoc National Bank, Manitowoc, Wis. (13921), absorbed by Manitowoc Savings Bank, Manitowoc The Southbridge National Bank, Southbridge, Mass. (934), absorbed by Worcester County Trust Company, Worcester, Mass The National Bank of Commerce and Trust Company of Providence, R. I. (1366), absorbed by Rhode Island Hospital National Bank of Providence. The First National Bank of Reagan, Tex. (12715), absorbed by Marlin National Bank, Marlin, Tex The First National Bank of Dyer, Ind. (6909), absorbed by Gary National Bank, Gary, Ind The National Exchange Bank of Wheeling, W. Va. (5164), absorbed by Wheeling Dollar Savings and Trust Co., Wheeling The First National Bank of Sheridan, Oreg. (8721), absorbed by The United States National Bank of Portland, Oreg The Tioga National Bank and Trust Company of Philadelphia, Pa. (13003), absorbed by Second National Bank of Philadelphia The Ensworth National Bank of Waterford, Pa. (10027), absorbed by The First National Bank of Erie, Pa National Bank of America in Pittsburgh, Pa. (14271), absorbed by Commonwealth Trust Company of Pittsburgh The Whitman National Bank, Whitman, Mass. (4660), absorbed by The Home National Bank of Brockton, Mass The First National Bank of Clifton, N. J. (11983), absorbed by First National Bank and Trust Company of Paterson, N. J First National Bank at Glendale, Calif.1 (14298), absorbed by California Bank, Los Angeles, Calif The Peoples National Bank of Parkersburg, W. Va. (13621), absorbed by The Parkersburg National Bank, Parkersburg The Plainfield National Bank of Moosup, Conn. (10145) The Eastport National Bank, Eastport, N. Y. (13228), absorbed by Center Moriches Bank, Center Moriches, N. Y The Evanston National Bank, Evanston, Wyo. (8612) The Tradesmens National Bank of Oklahoma City, Okla. (11628), absorbed by The First National Bank and Trust Company of Oklahoma City., First National Bank in Richmond, Calif. (12341), succeeded by First State Bank of Richmond The First National Bank of Monmouth, Oreg. (10071), absorbed by The United States National Bank of Portland, Oreg The Capital National Bank and Trust Company of Hartford, Conn. (13038), succeeded by The Capitol State Bank and Trust Company, Hartford The Bonner County National Bank of Sandpoint, Idaho (9263), absorbed by The Idaho First National Bank, Boise, Idaho First National Bank of Weeping The F pg Water,, Nebr. (3523) () Th Irvington I i t N t i l Bank, B k Irvington, I i t N b The National N. JJ. (7981) (7981), absorbed by Fidelity U Union Trust Company, Newark,, N. J ity o py, h National N t i l Bronx B B k off New N Y k N. Y. s(12900), absorbed by The Bank York, Manufacturers Trust Company, New York The Albany National Bank, Laramie, Wyo. (3615), absorbed by The First National Bank of Laramie First National Bank in Council Bluffs, Iowa (14028), absorbed by Council Bluffs Savings Bank, Council Bluffs The Hurlbut National Bank of Winsted, Conn. (1494), absorbed by Hartford-Connecticut Trust Company, Hartford, Conn The First National Bank of Winsted, Conn. (2414), absorbed by HartfordConnecticut Trust Company, Hartford, Conn. The Capital National Bank of Sacramento, Calif. (10107), absorbed by The Anglo California National Bank of San Francisco, Calif The National Hamilton Bank, Hamilton, N. Y. (1334), absorbed by The Oneida Valley National Bank of Oneida, N. Y Total (32) banks) . 1 2 8 With 1 branch in Glendale. Includes $280,000 of preferred capital stock With 3 branches in the City of New York. Date of liquidation Capital Stock (Common) Dec. 18, 1948 $100,000 Dec. 31, 1948 100,000 Jan. 15, 1949 200,000 Jan. 31, 1949 850,000 Feb. 10, 1949 25,000 Feb. 23, 1949 75,000 Mar. 1, 1949 500,000 Feb. 26, 1949 25,000 Apr. 30, 1949 300,000 Apr. 30, 1949 25,000 Apr. 29, 1949 250,000 2, 1949 50,000 June 10, 1949 May 250,000 June 11, 1949 200,000 June 18, 1949 June 24, 1949 340,000 100,000 June 30, 1949 July 16, 1949 50,000 50,000 Aug. 17, 1949 500,000 Aug. 31, 1949 100,000 Sept. 15, 1949 50,000 Sept. 19, 1949 300,000 Aug. 20, 1949 Oct. 29, 1949 65,000 50,000 Oct. 14, 1949 2430,000 Nov. 18, 1949 1,000,000 Nov. 12, 1949 100,000 Nov. 22, 1949 100,000 Dec. 9, 1949 205,000 Dec. 9, 1949 100,000 Dec. 3, 1949 1,000,000 Dec. 19, 1949 110,000 2 7,600,000 25 KEPOKT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 7—National and State banks consolidated during the year ended Dec. 31, 1949, under act Nov. 7,1918, as amended Capital stock Capital National Bank in Jackson, Miss. (No. 13708), with and The Jackson-State National Bank, Jackson, Miss. (No. 10523), which had consolidated Feb. 22, 1949, under charter of the latter bank (No. 10523) and title "First National Bank of Jackson." The consolidated bank at date of consolidation had The Abington National Bank of Clark's Summit, Pa. (No. 10383), with and The First National Bank of Scranton, Pa. (No. 77), which had consolidated Mar. 31, 1949, under charter and title of the latter bank (No. 77). The consolidated bank at date of consolidation had-The Waverly Savings Bank, Waverly, Iowa, with. and The First National Bank of Waverly, Iowa (No. 3105), which had consolidated May 31, 1949, under charter and title of the latter bank (No. 3105). The consolidated bank at date of consolidation had Merchants and Newark Trust Company of Newark, N. J., with * and The National State Bank of Newark, N. J. (No. 1452), which had consolidated June 17, 1949, under charter and title of the latter bank (No. 1452). The consolidated bank at date of consolidation had__ The First National Bank of Hartford, Conn. (No. 121), with and Hartford National Bank and Trust Company, Hartford, Conn. (No. 1338), which had_ consolidated July 15, 1949, under charter and title of the latter bank (No. 1338). The consolidated bank at date of consolidation had_The Clifton National Bank, Clifton, N. J. (No. 12690), with and Passaic National Bank and Trust Company, Passaic, N. J. (No. 12205), which had__ consolidated Aug. 19, 1949, under charter of the latter bank (No. 12205) and title "PassaicClifton National Bank and Trust Company." The consolidated bank at date of consolidation had The Phoenix Savings Bank & Trust Company, Phoenix, Ariz., with and "First National Bank of Arizona, Phoenix," Ariz. (No. 3728), which had consolidated Oct. 31, 1949, under charter and title of the latter bank (No. 3728). The consolidated bank at date of consolidation had— The First National Bank of Merrick, N. Y. (No. 12503), with and The First National Bank and Trust Company of Freeport, N. Y. (No. 7703), which had_ consolidated Nov. 18, 1949, under charter of the latter bank (No. 7703) and title1 "The Island National Bank of Freeport." The consolidated bank at date of consolidation had._. 1 Surplus $600,000 $1,000,000 Undivided profits $69,697 $36,339,517 500,000 800,000 35,391 33,910,383 1,100,000 1,800,000 110,971 70,249,900 50,000 80,000 30,799 2,321,027 4,050,000 4,050,000 1,430,068 98,924,545 4,185,000 100,000 4,185,000 50,000 1,291,593 101,111,676 22,085 2,853,445 75,000 125,000 46,870 3,111,150 200,000 100,000 63,525 5,939,006 2,500,000 1,500,000 2,218,686 38,595,931 1,000,000 4,500,000 711,137 76,164,699 1,500,000 6,500,000 1,150,000 1,150,000 4,000,000 4,000,000 2,969,498 151,675,508 5,150,000 5,150,000 3,310,908 173,536,052 200,000 205,000 262,264 13,190,124 2,000,000 2,000,000 2,185,135 88,375,478 2,250,000 2,250,000 2,352,453 101,417,849 247,500 247,500 594,289 11,907,721 1,100,000 1,625,000 997,813 75,587,592 1,430,000 2,000,000 1,382,101 87,129,892 300,000 300,000 164,004 11,371,246 215,000 200,000 145,367 12,347,141 750,000 750,000 324,372 23,718,386 1,429,823 114,760,630 330,066 Title changed Nov. 21, 1949 to "The Meadowbrook National Bank of Freeport." Total 21,860,544 26 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 8—Number of domestic branches of national banks authorized during the year ended Dec. 81, 1949 Branches authorized under act of Feb. 25, 1927, as amended. Charter No. Title and Location Local 3728 14324 First National Bank of Arizona, Phoenix_ The Valley National Bank of Phoenix 14568 5927 2491 8907 3050 9174 13044 Valley National Bank of Alhambra Citizens National Trust & Savings Bank of Los Angeles Security-First National Bank of Los Angeles The Citizens National Trust and Savings Bank of Riverside. The First National Trust and Savings Bank of San Diego. The Anglo California National Bank of San Francisco Bank of America National Trust and Savings Association, San Francisco 335 1338 1037 The First National Bank and Trust Company of Bridgeport Hartford National Bank and Trust Company, Hartford The New London City National Bank, New London 1860 The National Exchange Bank of Augusta . 1668 6982 The Idaho First National Bank, Boise American National Bank of Idaho, Idaho Falls _ CALIFORNIA CONNECTICUT GEORGIA IDAHO 14468 5167 Gary National Bank, Gary The First National Bank of Mishawaka.. 14462 14228 3595 Fidelity "National Bank of Baton Rouge The Calcasieu-Marine National Bank of Lake Charles. The First National Bank of Shreveport LOUISIANA MASSACHUSETTS 5155 2152 1274 The National Shawmut Bank of Boston The Home National Bank of Brockton The Martha's Vineyard National Bank of Tisbury . MICHIGAN 13671 191 National B ank of Detroit The First National Bank and Trust Company of Kalamazoo MISSISSIPPI 10523 First National Bank of Jackson NEVADA 7038 First National Bank of Nevada, Reno, Nevada NEW JERSEY 6960 1452 925 12205 329 Somerset Hills National Bank of Bernardsville The National State Bank of Newark The Sussex and Merchants National Bank of Newton Passaic-Clifton National Bank and Trust Company, Passaic The First National Bank and Trust Company of Paterson _ _ Other than local Total 27 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 8.—Number of domestic branches oj national banks authorized during the year ended Dec. 81, 1949—Continued Branches authorized under act of Feb. 25, 1927, as amended. Charter No. Title and Location Local Other than local 51 49 NEW YORK 7703 13080 9219 13149 1090 1342 The National Commercial Bank and Trust Company of Albany The Island National Bank of Freeport1 The Bensonhurst National Bank of Brooklyn in New York The Peoples National Bank of Brooklyn in New York The Springfield Gardens National Bank of New York The Oneida Valley National Bank of Oneida The Merchants National Bank & Trust Company of Syracuse 9164 14428 The Union National Bank of Charlotte City National Bank of Winston-Salem 14579 24 5065 2604 14586 First National Bank of Akron The First National Bank of Cincinnati The Ohio National Bank of Columbus The Winters National Bank and Trust Company of Dayton Commerce National Bank of Toledo 1301 NORTH CAROLINA 3458 4514 The First National Bank of Eugene The United States National Bank of Portland. PENNSYLVANIA 1322 6645 12 77 683 213 252 13196 The Allentown National Bank, Allentown The Merchants National Bank of Allentown The First National Bank of Erie The First National Bank of Scranton The Lancaster County National Bank, Lancaster Second National Bank of Philadelphia Peoples First National Bank & Trust Company, Pittsburgh Upper Darby National Bank, Upper Darby 13901 Rhode Island Hospital National Bank of Providence 10635 The Peoples National Bank of Greenville 13349 13103 Union Planters National Bank & Trust Company of Memphis Third National Bank in Nashville 10618 1985 9885 11381 11817 National Bank and Trust Company of Charlottesville_ The First National Bank of Danville National Bank of Commerce of Norfolk American National Bank of Portsmouth The Colonial-American National Bank of Roanoke 4375 14394 11280 12153 4668 3417 The National Bank of Commerce of Seattle Peoples National Bank of Washington in Seattle. Seattle-First National Bank, Seattle The University National Bank of Seattle The Old National Bank of Spokane National Bank of Washington, Tacoma RHODE ISLAND SOUTH CAROLINA TENNESSEE WASHINGTON Total (71 banks)1 Title changed to "The Meadowbrook National Bank of Freeport" effective Nov. 21, 1949. Total 28 EEPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 9—Number and class of domestic branches of national banks closed during the year ended Dec. 81, 1949 Branches closed Branches under act Feb. 25, 1927, as amended Charter No. Title and location 14298 First National Bank at Glendale Manner of closing Additional offices which became branches Feb. 25, 1927 Branches authorized since Feb. 25, 1927 State bank branches in operation Feb. 25, 1927, which were converted or consolidated Total CALIFORNIA Shareholders __ 1 1 Board of Directors 1 1 Shareholders 3 3 NEW JERSEY 925 The Sussex and Merchants National Bank of Newton __ NEW YORK 12900 The National Bronx Bank of New York OHIO 5065 The Ohio National Bank of Columbus Total (4 banks) Board of Directors 5 1 1 1 6 TABLE NO. 10—Principal items of assets and liabilities of national banks, by size of banks, according to deposits, Dec 31,1948 and 1949 IIn thousands of dollai•s] Cash, balances with other banks, including U.S. Loans and reserves discounts, GovernOther with ment ob- bonds including and Federal rediscounts ligations— securities Reserve and over- direct and banks guaranteed drafts Deposits Loans and securities Number of banks Total Real estate assets Total assets Capital stock Surplus, profits and reserves Total Demand Time 1948 Banks with deposits of— $500,000 and under $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 $10,000,000 $10,000,001 to $25,000,000 $25,000,001 to $50,000,000 $50,000,001 to $100,000,000 $100,000,001 to $500,000,000 $500,000,001 and over Total 7,278 21,548 47,739 376,569 1,529,551 1,648,067 2,265,656 1,787,414 1,844,513 6,043,315 7,452,619 19,952 156 78,707 506 181,629 1,301 9,415 1,494,558 40,651 6,434,822 47,855 7,037,291 77,455 9,471,220 55,626 6,944,672 57,711 6,706,157 157,079 20,824,319 179,155 28,941,725 1,532 3,880 7,461 44,918 150,271 143,835 194,553 131,380 126,889 397,357 626,683 15,092 1,228 17,157 54,465 4,276 70,320 119,865 9,374 164,288 975,968 75,986 1,370,121 299,945 5,971,932 4,082,363 310,151 6,565,532 4,351,332 386,604 8,855,954 5,883,955 263,432 6,512,056 4,718,684 251,741 6,294,768 4,826,099 820,623 19,466,681 16,067,712 1,418,769 26,359,207 20,842,342 2,065 15,855 44,423 394,153 1,889,569 2,214,200 2,971,999 1,793,372 1,468,669 3,398,969 5,516,865 4,997 64,046,866 23,818,513 34,980,263 5,248,090 23,024,269 626,910 88,135,052 1,828,759 3,842,129 81,648,016 61,937,877 19,710,139 12,397 5,258 42 6,131 70,882 33,949 132 30,656 133,668 70,493 184 52,586 631,764 935 1,176,763 447,080 1,804 4,915,540 1,704,490 2,715,774 915 5,387,374 1,758,944 3,035,048 572 7,211,350 2,207,027 4,285,079 188 5,133,071 1,603,057 3,048,218 94 5,319,970 1,714,652 3,173,964 99 15,366,008 5,606,063 8,697,677 16 23,409,020 8,797,607 12,573,299 1,008 6,277 10,589 97,919 495,276 593,382 719,244 481,796 431,354 1,062,268 2,038,114 7,442 23,988 45,825 373,364 1,419,696 1,494,135 2,015,693 1,592,832 1,787,022 5,488,010 6,796,951 122 19,970 631 95,561 1,268 180,863 10,292 1,561,620 42,685 6,383,976 50,061 6,940,172 79,742 9,323 691 59,155 6,802,880 63,838 7,195,960 163,446 21,105,225 192,357 30,629,261 1,272 4,638 7,480 47,583 153,271 143,506 190,945 129,008 139,840 389,284 709,513 14,941 1,310 17,357 63,284 5,873 84,834 118,329 10,384 162,706 88,567 1,422,703 1,002,189 325,806 5,891,947 3,996,133 330,724 6,444,515 4,296,152 401,798 8,692,942 5,812,576 263,638 6,376,148 4,601,145 278,509 6,734,538 5,220,187 865,693 19,699,375 16,373,960 1,445,699 27,817,253 21,794,356 2,416 21,550 44,377 420,514 1,895,814 2,148,363 2,880,366 1,775,003 1,514,351 3,325,415 6,022,897 5,937,227 21,044,958 663,597 90,239,179 1,916,340 4,018,001 83,344,318 63,293,252 20,051,066 12,503 43 56,561 109 132,467 186 904 1,107,538 1,836 4,859,674 942 5,332,923 587 7,111,703 190 5,083,423 87 4,782,477 98 14,538,028 15 21,029,569 6,112 5,231 21,322 30,655 47,590 73,702 394,337 618,177 1,563,202 2,798,604 1,688,015 3,058,594 2,168,260 4,231,236 1,579,644 3,014,188 1,587,600 2,805,042 5,724,309 7,909,364 9,038,122 10,435,470 1,160 4,584 11,175 95,024 497,868 586,314 712,207 489,591 389,835 904,355 1,555,977 1949 Banks with deposits of— $500,000 and under $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 $10,000,000 $10,000,001 to $25,000,000 $25,000,001 to $50,000,000 $50,000,001 to $100,000,000 $100,000,001 to $500,000,000 $500,000,001 and over Total . . . . . . . . 4,981 68,136,043 23,928,293 38,270,523 to CD 30 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 11—Number of national banks in United States and possessions with surplus fund equal to or exceeding common capital stock, and the number with surplus fund less than common capital stock 1942 to 1949 Number of banks Banks with surplus equal to or exceeding common capital stock Number June Dec. June Dec. June Dec. June Dec. June Dec. June Dec. June Dec. June Dec. 30, 1942 31,1942 _ 30, 1943 31, 1943__ ___ __ _ 30, 1944 30, 1944 _ _ _ _ _ _ _ _ _ ___ 30, 1945 31, 1945 _ _ 29, 1946 31, 1946__ _ _ ___ 30, 1947 31, 1947___ _ _ 30, 1948 31, 1948___ 30, 1949 31, 1949— __ __ __ _ 5,107 5,087 5,066 5,046 5,042 5,031 5,021 5,023 5,018 5,013 5,018 5,011 5,004 4,997 4,993 4,981 2,115 2,205 2,275 2,434 2,576 2,749 2,946 3,180 3,318 3,531 3,637 3,773 3,820 3,963 4,003 4,132 Percent 41.41 43.35 44.91 48.24 51.09 54.64 58.67 63.31 66.12 70.44 72.48 75.29 76.34 79.31 80.17 82.96 Banks with surplus less than common capital stock Number 2,992 2,882 2,791 2,612 2,466 2,282 2,075 1,843 1,700 1,482 1,381 1,238 1,184 1,034 990 849 Percent 58 59 56.65 55.09 51.76 48.91 45.36 41 33 36.69 33.88 29.56 27.52 24.71 23.66 20.69 19.83 17.04 31 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 12—Dates of reports of condition of national banks, 1914 to 1949 [For dates of previous calls see report for 1920, vol. 2, table No. 42, p. 150] 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 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 Jan. Feb. Mar. Apr. 4 4 7 5 4 4 13 28 21 May June 1 1 1 10 12 4 28 10 5 3 31 6 12 23 28 27 27 25 5 4 4 31 7 29 26 4 4 13 20 12 11 30 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 30 30 30 30 29 30 30 30 July Aug. Sept. Oct. 12 2 12 11 31 Nov. 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 18 30 6 1 Dec. 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 31 31 30 31 31 31 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 Feb. 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 bank. Sec. 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. (Five calls for reports of condition of private banks were made by the Comptroller, the first one for June 30, 1934 and the last one for June 29, 1935.) TABLE NO. 13 ASSETS AND LIABILITIES OF NATIONAL BANKS ON APRIL 11, JUNE 30, NOVEMBER 1, AND DECEMBER 31,1949 BY STATES AND TERRITORIES 33 35 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, bv States, at date of each call during year ended Dec. 31,1949 ALABAMA [In thousands of dollars] 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 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, Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 69 banks 69 banks 69 banks 69 banks 268,284 348,546 69,312 17,601 1,328 147,240 20,082 264,848 331,409 2 71,030 16,741 271,529 364,136 2 72,735 17,316 1,329 131,392 18,825 272,388 362,790 73,213 17,308 1,338 116,682 17,943 91,004 7,028 178 91,043 6,975 195 95,433 6,951 184 106,683 6,772 182 712 1,006 1,531 1,032 698 854 1,604 895 706 1,287 1,983 1,134 806 1,651 1,678 1,128 974,884 937,840 969,340 982,377 539,954 513,766 533,554 530,948 196,322 10 16,265 96,107 54,278 5,358 908,29U 709,622 198,672 196,153 10 10,196 98,984 46,032 5,403 870,5U 672,055 198 A89 194,673 10 13,463 89,764 61,213 6,044 898,721 701 , Ul 197,280 192,325 10 16,809 96,413 69,396 6,203 912,10 k 716,988 195,116 1,357 117,441 18,961 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 175 175 175 175 1,109 1,526 2,192 269 951 1,539 2,102 481 1,733 1,745 2,483 332 1,906 1,822 2,360 610 913,565 875,792 905,189 918,977 19,105 24,981 12,917 4,316 19.280 25,184 13,029 4,555 19,280 25,194 14,976 4,701 19,280 26,283 13,199 4,638 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts. 61,319 62,048 64,151 63,400 974,884 937,840 969,340 982,377 130,468 127,732 125,698 125,468 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 36 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. SI, 1949—Continued ALASKA [In thousands of dollars] 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 Reserve with approved national banking associations 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 _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 4 banks 4 banks 4 banks 4 banks 7,605 12,965 7,272 17,461 239 134 8,943 1,991 7,502 13,939 290 118 10,718 2,764 1,180 167 25 57 1,137 170 1 142 1,244 172 1 266 835 168 24 15 31,730 33,327 37,014 39,154 17,898 18,930 22,715 20,250 7,013 5 3,103 1,345 38 372 29,77U 22,679 7,095 7,183 5 3,245 1,553 105 283 31,301,. 2U,037 7,267 7,707 5 2,289 1,545 214 349 3!>,82U 26,555 8,269 7,525 5 6,693 2,179 184 285 37,121 26,278 10,8^3 29,775 31,305 34,825 37,129 400 875 400 280 400 875 444 303 400 875 625 289 400 885 429 311 13,059 192 162 6,191 3,709 3l4 173 10,139 2,753 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 .- - 7 Bills payable, rediscounts, and other liabilities for borrowed money Other liabilities Total liabilities 1 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts. 1,955 2,022 2,189 2,025 31,730 33,327 37,014 9,154 7,065 7,040 7,128 8,968 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 37 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31, i^9—Continued ARIZONA [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 3 banks 3 banks 3 banks 3 banks 130,335 95,251 8,321 9,689 123,567 100,303 7,942 11,195 92,318 10,364 10,376 323 44,552 5,658 323 39,072 5,831 323 28,171 5,910 361 23,441 6,176 21,534 2,833 139 20,842 2,890 120 21,838 3,118 25,106 3,344 223 1,075 620 223 1,133 598 417 1,452 641 403 1,162 634 320,553 314,039 312,058 328,373 190,706 180,318 180,088 193,296 61,715 5 5,699 37,225 3,875 4,290 303,515 2UI ,8U5 62,170 61,442 5 3,780 43,521 3,655 3,692 296, US 23U,516 61,897 69,878 5 6,286 29,256 2,705 3,915 292,133 221,600 70,533 71,506 5 4,853 31,450 3,679 4,223 309,012 236,851 72,161 1,997 1,097 106 1,997 1,098 121 2,160 1,494 253 2,210 1,216 106 306,715 299,629 296,040 312,544 700 4,400 5,100 5,675 2,142 921 700 4,400 5,100 5,685 2,669 956 700 4,755 5,U55 6,085 3,397 1,081 700 4,755 5,U55 6,585 2,679 1,110 137,130 140,210 106,310 10,425 10,801 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 Income collected but not earned 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 13,838 14,410 16,018 15,829 320,553 314,039 312,058 328,373 64,714 69,474 67,317 62,479 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 38 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949— Continued ARKANSAS [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 51 banks 51 banks 52 banks 52 banks 147,479 30,481 7,604 109,157 109,605 146,537 1 31,864 6,856 100,788 163,615 32,617 6,882 103,754 171,463 602 58,586 7,355 606 54,432 7,488 609 48,801 7,626 611 50,645 7,013 56,177 2,150 53 52,765 2,166 27 70,196 2,272 26 73,986 2,150 30 30 205 141 30 303 123 30 261 229 30 343 175 420,020 412,803 433, fi 451,286 260,963 249,781 257,663 270,049 57,349 24 5,081 29,802 35,676 2,797 391,692 33U,002 57,690 57,612 24 3,832 35,078 33,603 4,143 38^,073 326,115 57,958 57,372 24 4,516 39,426 42,214 2,752 U03,967 SU6,205 57,762 58,117 24 5,003 37,354 47,667 3,354 A21,568 363,0U 58,52U 788 613 4 749 572 200 909 552 4 828 434 325 393,097 385,594 405,432 423,155 150 8,430 8,580 10,601 6,738 1,004 150 8,430 8,580 10,876 6,685 1,068 150 8,480 8,630 10,961 7,713 1,216 "34314 6,672 LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations corporatios Postall savings i 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 Income collected but not earned 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 150 8,480 8,630 11,134 7,047 1,320 26,923 27,209 28,520 28,131 420,020 412,803 433,952 451,286 18,528 18,150 18,970 19,201 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes _. REPORT OF THE COMPTROLLER OF THE CURRENCY 39 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. SI, 1949—Continued CALIFORNIA [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 94 banks 94 banks 95 banks 94 banks ASSETS 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 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 Income earned or accrued but not collected Other assets Total assets 3,845,035 3,795,867 3,765,866 3,792,546 ^3,971,259 / 4,074,172 \Z, 537,310 /3,642,338 1 121 I 108 395,777 443,246 407,485 438,765 124,367 193,442 143,115 200,111 13,094 1,359,063 75,124 13,159 1,191,993 83,316 15,201 1,078,157 79,724 15,240 1,134,719 79,059 533,080 72,396 331 607,665 72,088 775 630,907 74,365 1,132 620,600 74,354 1,481 24,190 15,052 25,213 8,060 24,367 11,068 26,945 6,687 24,926 9,138 34,488 6,587 25,765 10,671 29,477 5,430 9,978,924 9,996,988 10,355,118 10,554,987 4,274,755 4,227,195 4,549,589 4,479,864 3,726,082 355 181,791 707,500 262,867 145,709 9,299,059 5,2Ul,kS5 U,057,62k 3,750,165 356 121,371 746,728 317,678 157,352 9, ,84,5 5,195,670 U, 125,175 3,762,906 355 177,746 626,107 336,466 156,544 9,609,713 5,^92,721 U,116,992 3,776,986 235 201,499 847,197 329,025 199,876 9,83U,682 5,677,785 If,156,897 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 3,450 250 4,300 18,251 18,437 56,099 35,193 14,580 19,143 45,002 43,281 11,064 23,837 63,492 62,874 14,143 25,991 45,884 71,179 9,430,489 9,443,101 9,775,280 9,991,879 664 214,667 215,331 199,082 110,938 23,084 664 214,617 215,281 201,427 115,459 21,720 664 215,105 215,769 202,155 138,386 23,528 664 214,105 21U,769 204,970 120,896 22,473 553,887 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 548,435 579,838 563,108 979787924^ 9,996,988 10,355,118 10,554,987 1,337,581 1,226,146 1,253,949 1,386,820 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 40 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949— Continued COLORADO [In thousands of dollars] 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 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.. Income earned or accrued but not collected Other assets Total assets Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 77 banks 77 banks 77 banks 77 banks 206,832 419,135 23,462 15,527 202,168 425,239 23,602 14,776 ~~24~034 14,393 1,028 128,726 11,683 1,028 123,005 11,220 1,038 113,844 10,427 1,045 108,418 10,391 106,045 2,751 8 28 1,364 441 100,374 2,716 8 6 1,419 387 127,918 2,777 32 117,743 2,683 32 1,660 443 1,528 479 856,975 843,068 923,924 906,713 517,697 508,705 560,132 556,145 164,936 5 14,647 39,541 61,580 5,846 801>,252 638,870 165,382 162,746 5 11,974 39,727 59,774 6,365 789,296 626,028 163,268 164,255 5 22,505 40,510 74,256 6,456 868,119 703,U01 16U,718 163,509 5 17,971 34,551 70,553 7,907 850,61*1 686,583 16U,058 176,411 386,905 24,812 16,773 174,977 388,939 LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations w 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 255 28 428 1,866 70 6 472 2,043 50 545 2,058 61 553 2,203 109 806,644 791,867 871,038 853,506 39 14,110 39 14,210 20,019 12,610 3,553 20,101 13,039 3,812 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 n,U9 14,290 14,355 1U,290 1U,355 20,278 14,392 3,926 21,273 13,677 3,902 50,331 51,201 52,886 53,207 856,975 843,068 923,924 906,713 79,752 77,802 87,432 82,045 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 41 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States} at date of each call during year ended Dec. 31,1949—Continued CONNECTICUT [In thousands of dollars] 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 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-. Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 51 banks 51 banks 49 banks 47 banks 181,032 329,729 43,796 24,533 175,829 330,372 12 42,698 22,891 175,077 348,968 47,098 19,704 177,099 345,517 12 47,737 19,291 1,381 89,847 19,002 1,385 74,832 15,439 1,372 69,601 16,128 1,369 68,513 15,567 83,726 8,437 255 77,403 8,533 240 77,544 8,381 447 95,960 8,250 221 3 13 973 472 900 353 3 15 1,142 385 3 133 837 358 783,199 750,890 765,865 780,867 451,013 440,508 454,058 467,274 174,938 15 20,726 32,706 21,019 18,391 718,808 5^2,827 176, 1>81 171,712 15 12,701 30,771 18,172 15,298 689,177 515,91*9 173,228 164,658 15 17,023 30,755 18,041 19,376 703,926 537,750 166,176 163,100 15 25,138 23,357 19,242 20,837 718,963 55U,188 16U,775 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 3,475 25 25 13 1,106 1,668 223 1,161 1,863 640 15 1,134 2,083 210 133 1,192 2,154 720 725,293 692,866 707,393 723,162 280 20,881 21,161 23,367 10,656 2,722 270 20,966 21,236 23,393 10,481 2,914 270 20,916 21,186 23,023 11,393 2,870 270 20,711 20,981 23,290 10,217 3,217 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 57,906 58,024 58,472 57,705 783,199 750,890 765,865 780,867 66,025 59,634 56,808 64,579 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 42 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 81,1949—Continued DELAWARE [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 13 banks 13 banks 13 banks 13 banks 13,725 17,648 884 1,800 13,800 16,893 13,883 18,255 954 1,689 13,795 18,168 873 1,688 144 4,727 1,060 144 4,538 981 144 3,833 979 144 3,951 870 2,347 485 2,188 487 3 3 63 3,305 492 3 2 61 3,375 479 1 3 50 42,893 41,743 43,343 43,570 21,974 21,600 22,282 22,381 13,001 681 614 334 260 36,86U 23 831 13,033 12,980 281 444 295 413 36,013 23,011 13,002 13,108 977 385 375 398 37,525 2k,U05 13,120 13,084 1,002 376 440 510 37,793 350 1 50 921 1,638 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 21>,6U7 13,146 3 1 47 1 34 37,217 36,098 37,530 37,844 1,710 3,085 815 1,710 3,088 775 72 1,710 3,089 940 74 1,710 3,092 843 81 5,676 5,645 5,813 5,726 CAPITAL ACCOUNTS Capital stock: Common stockSurplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts 42,893 41,743 43,343 43,570 2,064 1,781 1,612 1,622 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 43 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued DISTRICT OF COLUMBIA [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30,. 1949 Nov. 1, 1949 Dec. 31, 1949 9 banks 9 banks 9 banks 9 banks 143,148 140,877 288,714 145,982 319,259 1,158 26,265 144,768 315,353 1,400 24,233 787 115,013 13,886 795 109,739 13,619 828 91,402 12,033 835 100,136 11,591 60,392 6,785 112 515 502 50,285 7,039 88 446 582 57,042 7,150 88 771 449 63,232 7,152 79 386 422 653,856 639,607 655,517 674,517 436,285 424,166 445,309 463,091 101,381 525 14,699 120 47,046 15,191 615,2k7 512,81+1 102,1+06 99,765 525 11,079 106 42,709 22,070 600,U20 J+99,630 100,790 98,676 1,025 14,095 122 46,499 9,855 615,581 515,380 100,201 98,533 1,025 13,636 110 46,618 12,287 635,300 535,2h2 100,058 285,436 1,103 26,177 17916 23,527 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 banksOther deposits (certified and cashiers' checks, etc.). Total deposits Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 390 1,229 1,842 412 1,537 1,555 448 1,814 1,413 441 1,877 856 618,708 603,924 619,256 638,474 11,400 14,850 7,531 1,367 11,400 15,200 7,859 1,224 11,400 16,200 7,171 1,490 11,400 16,500 7,082 1,061 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits R eserves Total capital accounts Total liabilities and capital accounts 35,148 35,683 36,261 36,043 653,856 639,607 655,517 674,517 39,833 33,073 40,088 36,042 MEMOEANDUM Assets pledged or assigned to secure liabilities and for other purposes 44 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued FLORIDA [In thousands of dollars] 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 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.. Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 61 banks 61 banks 61 banks 61 banks 231,472 218,745 608,724 59,312 13,039 233,998 573,071 63,651 14,087 ~~63~971 15,509 1,884 188,133 23,864 1,910 155,610 20,866 1,924 121,907 20,634 1,931 131,267 22,765 190,304 12,897 336 154,301 13,030 277 150,460 13,218 269 203,180 13,211 232 86 9 2,332 1,047 85 2,276 956 84 36 2,562 1,042 83 40 2,452 1,067 1,347,864 1,249,131 1,196,943 1,293,684 794,743 192,311 61 19,001 129,322 121,363 8,676 1,265,477 1,062,431 203,046 725,251 702,134 722,908 199,221 61 12,891 102,860 114,410 10,731 ,165, U25 959,202 195,161 61 15,346 96,696 91,180 8,344 ,108,922 908, 1*85 200,A3 7 624,003 57,849 13,648 246,650 591,326 LIABILITIES Demand deposits of individuals, partnerships, and corporations ____ Time deposits of individuals, partnerships, and corporations corpoao i Postall 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 195,590 61 16,099 134,906 126,322 11,396 1,207,282 l,007,U50 199,832 200 475 9 1,561 3,152 183 1,650 3,031 540 36 1,841 4,198 229 40 1,841 3,065 570 1,270,382 1,170,846 1,115,701 1,212,798 27,400 34,132 10,909 5,041 27,600 35,116 10,529 5,040 27,625 35,281 12,690 5,646 27,625 36,825 10,628 5,808 77,482 1,347,864 78,285 1,249,131 81,242 1,196,943 80,886 1,293,684 279,894 278,310 270,094 284,778 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts_ MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 45 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued GEORGIA [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 51 banks 51 banks 51 banks 51 banks ASSETS 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 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._ Income earned or accrued but not collected Other assets Total assets 307,985 321,635 33,508 17,555 304,308 305,934 328,863 326,242 343,981 308,697 36,459 18,446 41,906 18,988 ~~39~247 18,312 1,355 146,814 15,818 1,356 128,215 14,172 1,357 109,590 13,033 1,403 120,197 13,040 107,467 7,945 333 55 1,373 1,082 122,468 7,992 322 1,402 798 110,448 8,122 379 32 1,806 809 143,126 7,887 385 17 1,553 722 962,925 941,872 961,575 998,567 543,061 533,379 525,815 538,581 158,820 30 19,239 58,618 115,869 4,578 900,215 7U0,07U 160,141 160,151 30 13,727 65,720 100,728 5,097 878,832 715,573 163,259 157,240 30 19,426 52,595 136,294 5,159 896,559 735,331 161,228 157,061 30 20,032 64,858 143,388 10,040 933,990 772,973 161,017 885 400 55 2,562 2,928 179 2,658 2,808 927 32 3,011 3,212 104 17 3,059 2,535 1,196 906,824 885,625 902,918 940,797 19,222 21,648 9,247 5,984 19,222 21,720 19,222 21,730 11,275 6,430 19,222 23,455 8,075 7,018 56,101 56,247 58,657 57,770 962,925 941,872 961,575 998,567 133,331 113,381 116,367 119,535 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities CAPITAL ACCOUNTS Capital stock: Common stock Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts 5,941 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 46 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued THE TERRITORY OF HAWAII [In thousands of dollars] 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 bank Reserve with approved national banking associations 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. _ Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 1 bank 1 bank 1 bank 1 bank 63,730 101,145 64,402 94,982 4,256 2,928 4,227 2,927 94,978 4,527 2,878 17,016 12,157 19,939 13,365 17,181 12,750 13,319 14,964 6,626 2,123 76 7 657 368 6,344 2,092 66 9 485 446 6,488 2,105 66 9 767 293 7,097 2,257 57 4 482 377 211,089 209,284 206,839 202,636 50,782 52,222 52,679 48,439 100,806 10 27,988 15,264 1,155 2,643 198,6^8 95,21*1 103,1*07 99,094 10 27,564 15,501 1,097 1,663 197,151 96,Ohl 101,110 98,362 10 23,931 15,014 1,554 1,764 193,311* 92,608 100,706 98,183 10 25,586 14,398 1,651 2,058 190,325 89,802 100,523 64,797 67,034 89,855 4,409 2,780 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 depi 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 7 47 350 300 9 52 444 35 9 45 483 621 4 43 422 25 199,352 197,691 194,472 190,819 4,000 4,000 1,552 2,185 4,000 4,000 1,409 2,184 4,000 4,000 2,183 2,184 4,000 4,000 1,641 2,176 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts. 11,593 12,367 11,817 209,284 206,839 202,636 76,596 76,136 75,902 MEMOEANDUM Assets pledged or assigned to secure liabilities and for other purposes 76,536 47 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued IDAHO [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets- Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 15 banks 15 banks 14 banks 14 banks 162,893 5,770 1,159 90,967 160,215 8 5,793 943 107,987 164,055 5,949 753 109,031 161,209 8 6,331 763 339 42,736 4,879 340 40,462 5,262 352 31,907 4,292 352 32,069 4,993 29,832 2,568 21,752 2,583 45 169 25,034 2,610 25 2 240 23,280 2,650 26 16 257 344,323 328,539 341,524 342,530 198,174 182,764 203,554 193,089 73,784 11 5,523 45,190 3,657 2,362 328,701 25U,193 7U,508 73,091 11 4,020 47,372 2,670 1,982 311,910 238,0U 73,866 74,416 11 4,101 36,846 3,798 2,156 32^,882 2U9,68U 75,198 74,950 11 5,150 45,767 3,517 2,574 325,058 2h9,h01 75,657 303 354 133 374 757 126 439 609 75 449 837 243 329,491 313,167 326,005 326,587 5,700 5,705 6,034 3,221 559 5 5,700 5,705 6,060 3,595 583 93,905 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 Income collected but not earned 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 5 5,705 5,710 5,603 2,947 572 5 5,715 5,720 5,669 3,414 569 14,832 15,372 15,519 15,943 344,323 328,539 341,524 342,530 73,627 72,262 72,173 76,884 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 48 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued ILLINOIS [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 382 banks 383 banks 382 banks 382 banks 2,016,586 1,961,283 >3,846,212 4,158,017 325,071 ' 316,292 187,450 187,884 13,509 13,647 1,474,358 1,370,276 77,910 80,448 1,999,554 4,605,234 334,087 192,975 2,063,276 4,677,885 18 348,953 191,239 13,602 1,279,891 79,858 14,094 1,350,229 78,048 ASSETS 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 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 Income earned or accrued but not collected Other assets Total assets 644,584 29,701 733 716,813 29,653 763 744,885 30,297 167 904,767 32,058 161 1,171 4,409 16,188 7,256 1,156 5,742 16,924 7,606 1,166 6,698 23,794 7,458 722 6,253 20,320 4,724 8,645,138 8,866,511 9,319,666 9,692,747 4,477,021 4,593,072 4,839,368 5,135,506 1,888,855 77 218,921 453,928 954,041 51,809 8, 0U, 652 6,032,9U2 2,011,710 1,914,214 75 170,478 554,268 957,031 62,184 8,251,322 6,223,317 2,028,005 1,902,544 75 203,209 547,149 1,089,122 59,727 8,6A1,19A 6,622,263 2,018,931 1,935,631 75 271,829 490,026 1,146,715 79,661 9,059, U3 7,011^,807 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 300 45,400 5,158 8,851 24,944 6,135 6,286 8,935 20,168 6,262 7,257 10,139 27,369 6,561 7,453 9,973 23,248 6,643 8,090,040 8,292,973 8,737,920 9,106,760 1,554 15 206,318 207,887 235,694 63,673 47,844 1,554 15 206,468 208,037 239,334 74,064 52,103 1,554 15 206,533 208,102 240,304 81,250 52,090 1,554 15 207,508 209,077 257,292 67,078 52,540 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 555,098 573,538 581,746 585,987 8,645,138 8,866,511 9,319,666 ,692,747 809,150 825,912 892,392 921,121 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 49 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 81,1949—Continued INDIANA [In thousands of dollars] 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 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 _ lia Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 124 banks 124 banks 125 banks 125 banks 333,684 802,847 66,548 38,936 329,565 817,915 22 66,661 36,099 2,137 225,015 31,814 337,671 873,201 70,120 32,922 339,642 882,002 22 68,645 32,965 2,140 206,688 32,523 2,153 181,117 32,421 2,175 171,283 32,356 151,661 10,158 10 163,604 10,124 26 185,985 10,266 34 227,621 10,034 48 94 50 2,342 1,076 94 41 2,334 967 99 21 3,055 1,008 2,761 981 1,666,372 1,668,803 1,730,073 1,770,625 841,136 878,787 912,404 418,425 105 25,253 187,343 76,339 19,225 1,567,826 1,146,185 421,6 hi 418,473 105 29,475 171,639 109,622 17,018 1,625,119 1,202,114 422,705 416,681 110 31,738 175,822 103,529 25,856 1,666,140 1,245,454 420,686 \ 90 LIABILITIES Demand deposits of individuals, partnerships, and corporations 844,619 Time deposits of individuals, partnerships, and 418,369 corporations 134 Postal savings deposits 38,250 Deposits of U. S. Government 171,105 Deposits of States and political subdivisions 79,751 Deposits of banks 14,347 Other deposits (certified and cashiers' checks, etc.) _ 1,566,575 Total deposits 1,1U,96O Demand deposits 421,615 Time deposits Bills payable, rediscounts, and other liabilities for 25 borrowed money Acceptances executed by or for account of report50 ing banks and outstanding 1,868 Income collected but not earned 2,562 Expenses accrued and unpaid 276 Other liabilities Total liabilities 50 41 1,992 2,829 731 21 2,242 3,109 417 2,219 2,958 914 1,571,356 1,573,469 1,630,908 1,672,231 55 28,660 28,715 40,202 21,221 4,878 55 28,660 28,715 40,467 21,121 5,031 55 28,785 28,8^0 40,585 24,832 4,908 55 28,835 28,890 42,751 21,437 5,316 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 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 95,016 95,334 99,165 98,394 1,666,372 1,668,803 1,730,073 1,770,625 79,368 70,799 73,195 69,852 | 50 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31, 1949—Continued IOWA [In thousands of dollars] 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 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 __ Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 98 banks 98 banks 98 banks 97 banks 192,493 306,149 60,108 16,948 192,719 304,398 57,174 16,456 177,078 342,354 63,709 17,490 ~~61~969 17,121 950 112,274 11,608 954 105,041 11,785 971 83,011 11,047 973 83,258 11,129 85,118 3,499 21 90,048 3,442 21 100,932 3,529 21 111,266 3,383 21 1,250 1,301 1,301 1,004 320 1,002 219 1,116 301 1,276 1 979 365 791,742 784,560 802,860 792,577 395,502 392,700 405,976 401,336 145,400 52 26,764 89,130 85,583 3,972 7U6,U03 598,71*6 11*7,657 146,725 53 16,376 94,734 83,240 4,938 738,766 589,780 11*8,986 146,713 54 20,635 82,549 95,027 4,349 755,303 605,822 11*9,1*81 145,073 51 23,325 66,044 101,122 8,695 71*5,61*6 597,807 11*7,839 190,038 310,798 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 125 554 698 16 579 627 124 645 741 747,671 740,096 756,697 747,315 30 13,019 13,01*9 18,997 9,849 2,569 30 13,269 13,299 19,074 11,177 2,613 13,199 13,199 19,596 9,854 2,613 728 167 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 30 12,844 12,871* 18,752 9,833 2,612 44,071 44,464 46,163 45,262 791,742 784,560 802,860 792,577 56,943 49,626 49,349 47,776 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 51 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. SI, 1949—Continued KANSAS [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 174 banks 174 banks 174 banks 174 banks 231,575 354,120 45,095 24,520 200,196 371,829 88 47,692 25,630 240,863 367,116 51,334 21,544 255,099 361,278 87 54,440 20,300 1,096 135,548 10,088 1,090 125,658 10,387 1,100 106,199 9,947 1,101 110,808 9,407 110,466 3,907 46 113,164 3,969 45 107,456 4,015 54 125,132 3,937 49 103 736 709 102 727 539 101 911 683 102 834 749 918,009 901,116 911,323 943,323 556,010 551,570 576,854 563,833 77,683 36 25,533 129,544 71,244 7,020 867,070 786,555 80,515 77,638 36 11,509 130,307 70,912 6,885 8^8,857 768,261 80,596 78,795 36 16,946 110,130 66,301 6,700 855,762 773,6U7 82,115 78,502 36 15,241 147,234 76,689 7,681 889,216 807,938 81,278 ASSETS 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 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 Income earned or accrued but not collected Other assets Total assets LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations Postal savings deposits Deposits of U. S. Government Deposits of States and political subdivisions Deposits of banks Other deposits (certified and cashiers' checks, etc.) _ Total deposits Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Mortgages or other liens on bank premises and other real estate Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 50 225 930 350 4 614 1,271 155 4 652 1,328 310 4 750 1,681 90 4 714 1,381 221 869,164 851,376 859,217 891,886 20 16,825 20 16,825 16,8U5 19,722 14,017 1,522 17,31*5 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 20 16,825 16,8U5 19,238 11,304 1,458 16,81*5 19,484 11,815 1,596 20 17,325 20,225 12,375 1,492 48,845 49,740 52,106 51,437 918,009 901,116 911,323 943,323 148,194 141,326 146,792 153,353 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 52 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date oj each call during year ended Dec. 31,1949—Continued KENTUCKY [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 92 banks 92 banks 92 banks 92 banks 285,735 20,039 15,577 155,712 273,516 4 20,657 14,759 274,409 21,502 14,111 169,983 278,248 4 20,621 14,160 1,010 87,698 12,279 1,014 75,608 12,340 1,029 65,098 11,456 1,038 68,610 12,516 65,855 4,248 24 53,886 4,277 37 60,098 4,443 22 91,145 4,475 2 17 631 398 17 813 310 20 742 553 21 904 311 648,781 612,950 617,884 662,038 414,410 367,484 387,042 423,230 109,414 16 11,546 31,236 34,121 3,915 60U,658 U93, 758 110,900 109,495 16 7,262 29,642 33,925 20,536 568,360 A57,U6 110,91k 108,532 16 6,480 33,673 28,453 6,530 570,726 460,872 109,85U 106,754 16 6,925 28,340 45,572 5,603 616,U0 508,711 107,729 90 684 880 279 260 727 889 439 1,285 803 1,044 207 770 918 583 606,591 570,675 574,065 618,711 300 13,735 Ik,035 19,465 7,342 1,348 300 13,735 Ik,035 19,975 6,879 1,386 300 13,750 Ik,050 20,136 8,129 1,504 14,230 1k,230 21,093 6,759 1,245 155,270 164,401 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 Bills payable, rediscounts, and other liabilities for borrowed money Income collected but not earned 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 42,190 42,275 43,819 43,327 648,781 612,950 617,884 662,038 49,750 47,749 49,377 45,991 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 53 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued LOUISIANA [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 35 banks 35 banks 35 banks 35 banks ASSETS 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 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... Income earned or accrued but not collected Other assets Total assets 260,734 532,489 / 59,346 8,021 250,687 536,638 1,887 195,204 17,389 253,553 569,136 / 62,480 5,894 271,925 570,091 1,894 174,557 15,714 1,907 152,026 15,341 1,927 156,034 16,536 150,042 9,407 288 137,422 9,801 280 147,012 10,466 398 158,624 10,352 392 108 2,883 2,264 1,628 108 3,392 3,021 1,733 108 3,309 3,148 1,755 83 6,334 3,327 1,423 1,241,690 1,205,543 1,226,533 1,266,687 611,634 631,369 631,047 192,969 59 10,909 169,038 144,489 8,016 ,137,lH. 91*0,206 196,908 188,872 59 189,655 59 16,077 160,302 184,299 9,253 ,190,692 997,738 192,95k 62,379 7,917 63~798 5,841 LIABILITIES Demand deposits of individuals, partnerships, and corporations _ 616,580 Time deposits of individuals, partnerships, and corporations 191,874 Postal savings deposits 59 Deposits of U. S. Government 16,497 Deposits of States and political subdivisions 184,185 Deposits of banks 157,506 Other deposits (certified and cashiers' checks, etc.) _ 8,872 Total deposits 1,175,573 * Demand deposits 979,066 Time deposits 196,507 Bills payable, rediscounts, and other liabilities for 200 borrowed money Acceptances executed by or for account of report3,497 ing banks and outstanding 734 Income collected but not earned 2,629 Expenses accrued and unpaid 242 Other liabilities Total liabilities 1,182,875 15,009 147,323 157,243 7,711 ,11*7,586 955,11*5 192,U1 6,860 4,084 864 3,453 528 5,197 1,082 3,516 191 9,294 1,109 3,495 730 1,146,043 1,164,432 1,205,320 50 18,048 18,098 29,630 12,515 1,124 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 50 17,598 50 17,698 50 17,698 17,61*8 17,71*8 17,71*8 27,287 12,941 939 27,791 12,835 1,126 27,913 15,433 1,007 58,815 59,500 62,101 61,367 1,241,690 1,205,543 1,226,533 1,266,687 258,292 244,756 261,019 246,793 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 54 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities o] national banks, by States, at date of each call during year ended Dec. 81,1949—Continued MAINE [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 33 banks 33 banks 33 banks 33 banks ASSETS 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 bank Reserve with Federal Reserve bank Currency and coin Balances with other banks, andleash 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 Income earned or accrued but not collected Other assets Total assets 6,543 7,657 69,101 105,401 11 8,809 7,740 73,660 105,769 6,646 8,051 73,074 105,706 18 6,190 7,974 580 25,537 5,858 590 25,017 5,862 600 19,975 6,103 605 17,883 5,089 20,284 1,068 106 18,120 1,041 110 21,028 1,056 101 22,456 1,017 101 295 180 391 290 227 214 296 230 247 289 240 223 244,087 242,533 243,762 240,865 112,760 112,737 111,228 109,024 89,636 6 4,714 6,134 5,856 1,193 220,299 129,929 90,370 88,485 6 3,234 7,364 5,205 1,703 218,734. 129,516 89,218 87,339 6 4,546 8,133 5,674 1,633 218,559 130,U82 88,077 85,767 6 4,735 7,542 6,299 1,700 215,073 128,580 86,U93 70,686 104,902 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 325 365 270 103 50 386 288 205 900 385 330 235 1,346 392 401 469 221,362 219,663 220,409 217,681 7,790 9,196 4,933 806 7,790 9,663 4,588 829 7,990 9,741 4,845 777 8,140 9,871 4,254 919 CAPITAL ACCOUNTS Capital stock: Common stock Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts 22,725 22,870 23,184 244,087 242,533 240,865 15,288 14,233 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes _ 14,988 15,428 55 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. SI, 1949—Continued MARYLAND [In. thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 61 banks 61 banks 61 banks 61 banks ASSETS 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 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-. Income earned or accrued but not collected Other assets Total assets 365,037 12,608 22,399 126,982 375,599 15 13,297 25,254 135,947 412,725 13,205 20,655 133,519 408,314 10 14,235 20,883 1,128 100,631 12,195 1,191 103,862 12,330 1,191 87,016 12,453 1,202 89,414 12,218 70,198 4,950 44 75,179 4,905 43 84,909 4,977 88,512 4,922 76 1,315 1,133 504 94 1,039 620 503 87 1,938 500 314 1,133 540 728,068 740,914 776,560 775,792 374,121 383,867 399,185 401,714 169,294 5 17,420 52,229 55,203 2,801 671,073 498,481 172,592 168,841 5 14,980 58,687 57,844 3,192 687, U 6 513,315 174,101 167,685 5 23,169 55,293 62,949 11,281 719,567 546,153 173,414 166,450 5 33,109 50,227 66,379 2,889 720,773 548,265 172,508 136,338 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 4,100 2,400 254 464 120 94 221 558 499 87 312 515 105 314 310 656 763 676,099 688,788 722,986 722,816 14,520 23,016 9,952 4,481 14,520 25,130 8,693 3,783 14,520 25,130 9,749 4,175 14,520 26,128 8,681 3,647 CAPITAL ACCOUNTS Capital stock: Common stock Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts 51,969 52,126 53,574 52,976 728,068 740,914 776,560 775,792 109,475 108,733 115,855 121,192 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 56 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued MASSACHUSETTS [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 119 banks 118 banks 118 banks 118 banks 805,735 829,751 ,294,418 /I,318,024 \ 193 68,159 100,624 46,573 47,294 ,449,031 100,969 55,446 843,057 1,447,533 193 66,900 55,225 ASSETS 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 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.. Income earned or accrued but not collected Other assets Total assets 848,112 5,868 447,964 49,611 5,875 446,535 46,134 5,891 389,891 46,044 6,051 394,129 43,964 211,009 24,220 62 204,404 24,324 249,084 24,721 112 288,905 24,543 122 352 20,352 7,052 12,980 348 14,992 6,201 12,151 344 13,619 8,914 14,070 338 19,307 7,324 10,156 3,018,371 3,032,903 3,206,248 3,207,747 1,754,781 1,827,245 1,849,219 478,219 70 46,945 133,693 281,328 39,638 2,73U,67k 2,251,3U2 U83,332 472,764 69 79,067 208,548 281,918 32,646 2,902,257 2,1*23,210 U79,01>7 465,446 69 73,907 184,881 292,338 40,060 2,905,920 2,/>3b,133 U71,787 LIABILITIES Demand deposits of individuals, partnerships, and corporations 1,746,597 Time deposits of individuals, partnerships, and corporations 479,398 Postal savings deposits 69 Deposits of U. S. Government 67,083 Deposits of States and political subdivisions 115,755 Deposits of banks 274,279 Other deposits (certified and cashiers' checks, etc.) _ 32,835 Total deposits 2,716,016 Demand deposits 2,231,176 Time deposits Bills payable, rediscounts, and other liabilities for borrowed money 3,850 Acceptances executed by or for account of reporting banks and outstanding 21,312 Income collected but not earned 4,707 Expenses accrued and unpaid 10,671 Other liabilities 5,830 Total liabilities 565 7,175 340 15,666 4,918 9,650 11,339 14,587 5,392 9,837 5,828 20,631 5,439 6,711 9,762 2,762,386 2,776,812 2,945,076 2,948,803 104 73,742 73,8U6 120,593 42,152 19,394 104 73,692 73,796 121,118 42,572 18,605 104 73,692 73,796 121,664 45,369 20,343 104 73,742 73,8U6 127,343 39,046 18,709 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 255,985 256,091 261,172 258,944 3,018,371 3,032,903 3,206,248 3,207,747 152,655 133,887 186,646 157,362 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 57 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 81,1949—Continued MICHIGAN [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 78 banks 78 banks 78 banks 78 banks Loans and discounts (including overdrafts) 586,887 592,676 U. S. Government securities, direct obligations 1,213,712 (1,230,336 Obligations guaranteed by U. S. Government 19 Obligations of States and political subdivisions 90,944 92,842 Other bonds, notes, and debentures 76,914 77,136 Corporate stocks, including stock of Federal Reserve bank 3,659 3,664 Reserve with Federal Reserve bank 355,506 351,436 Currency and coin _ __. 44,560 43,310 Balances with other banks, and cash items in 202,244 process of collection 198,280 13,115 Bank premises owned, furniture and fixtures 13,289 162 Real estate owned other than bank premises 171 Investments and other assets indirectly represent1,173 1,182 ing bank premises or other real estate 62 44 Customers' liability on acceptances outstanding. _. 5,759 Income earned or accrued but not collected 5,565 3,247 2,091 Other assets Total assets. 2,597,944 621,845 645,329 1,472,370 / 1,412,946 19 96,702 95,772 76,440 77,666 3,695 323,463 42,369 3,663 310,127 40,297 203,752 13,620 114 265,278 13,691 95 1,194 24 7,629 2,414 1,195 43 6,270 2,167 2,612,041 2,865,631 2,874,558 1,279,433 1,391,205 1,426,516 837,718 35 95,380 97,166 120,008 22,920 2,U52,660 1,606,800 8^5,860 833,950 35 190,567 116,369 146,377 18,903 2,697,h06 1,858,U02 842,693 35 148,126 126,151 146,671 18,738 2,708,930 1,855, 752 853,178 LIABILITIES Demand deposits of individuals, partnerships, and corporations 1,242,090 Time deposits of individuals, partnerships, and 833,093 corporations 35 Postal savings deposits 102,301 Deposits of U. S. Government 112,361 Deposits of States and political subdivisions 132,157 Deposits of banks 18,370 Other deposits (certified and cashiers' checks, etc.) _ 2,U0,A07 Total deposits 1,601,699 Demand deposits 838,708 Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Acceptances executed by or for account of report62 ing banks and outstanding 6,112 Income collected but not earned 7,527 Expenses accrued and unpaid 2,890 Other liabilities Total liabilities _ 2,456,998 1,500 44 6,820 7,199 3,204 24 8,469 10,205 1,890 43 8,895 8,137 3,181 2,469,927 2,719,494 2,729,186 1,000 40,930 hi,930 67,804 26,818 9,585 1,000 41,430 U2,U30 68,645 24,772 9,525 CAPITA] 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 1,000 40,830 U,830 66,301 23,497 9,318 1,000 40,830 hi ,830 66,528 24,323 9,433 140,946 142,114 146,137 145,372 2,597,944 2,612,041 2,865,631 2,874,558 186,591 174,687 285,668 223,784 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 58 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 81,1949—Continued MINNESOTA [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 179 banks 179 banks 179 banks 179 banks Loans and discounts (including overdrafts) 537,496 U. S. Government securities, direct obligations 823,379 Obligations guaranteed by U. S. Government 64,132 Obligations of States and political subdivisions- __ 59,028 Other bonds, notes, and debentures Corporate stocks, including stock of Federal Re2,816 serve bank 281,083 Reserve with Federal Reserve bank 19,554 Currency and coin Balances with other banks, and cash items in 210,020 process of collection 6,984 Bank premises owned, furniture and fixtures 529 Real estate owned other than bank premises Investments and other assets indirectly representing bank premises or other real estate 314 Customers' liability on acceptances outstanding __ 4,628 Income earned or accrued but not collected 1,091 Other assets Total assets 2,015,053 520,607 864,771 540,218 937,384 541,641 902,028 72,250 66,611 81,240 63,912 ~~81~223 70,430 2,817 268,722 19,696 2,825 237,068 19,253 2,955 234,082 17,997 223,993 7,261 529 256,946 7,427 529 274,174 7,308 534 3,985 267 4,729 1,059 4,043 331 5,994 1,121 3,818 533 5,206 1,018 2,057,297 2,158,291 2,142,947 887,497 963,538 989,582 501,635 58 24,249 219,247 262,616 17,118 ,912,U20 ,hOS ,991 508,1+29 497,819 58 50,640 167,248 311,224 17,857 ,008,381* ,50k, 089 50U,295 500,055 57 50,432 135,252 298,172 19,216 ,992,766 ,U86,383 506,383 ASSETS LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations Postal savings deposits Deposits of U. S. Government Deposits of States and political subdivisions Deposits of banks Other deposits (certified and cashiers' checks, etc.) _ Total deposits Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Acceptances executed by or for account of reporting banks and outstanding Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 872,828 505,504 58 42,830 175,258 257,351 16,383 1,870,212 1,357,366 512,8^6 1,700 314 6,460 6,479 1,730 267 7,052 6,462 1,804 331 7,729 7,497 1,775 533 7,838 6,879 2,032 1,886,895 1,928,005 2,025,716 2,010,048 1,115 25 36,706 1,115 25 36,706 37,8U6 56,290 22,710 12,446 1,105 25 36,716 1,105 25 36,716 37,8U6 61,128 21,034 12,891 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 37, 8If6 56,018 21,939 12,355 37,81,6 56,374 25,664 12,691 128,158 129,292 132,575 132,899 2,015,053 2,057,297 2,158,291 2,142,947 407,715 376,683 405,552 362,367 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 59 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued MISSISSIPPI [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 24 banks 24 banks 24 banks 24 banks 48,356 84,223 28,987 2,060 48,143 77,714 28,836 1,348 50,375 75,543 28,749 1,751 51,107 76,786 28,885 1,684 348 28,836 4,903 348 24,599 4,580 349 20,080 4,061 348 20,703 4,408 26,437 1,713 1 26 178 26,423 1,725 31,028 1,795 18 211 24 198 35,440 1,729 20 28 168 226,068 213,945 213,953 221,306 115,215 108,266 110,048 114,395 46,359 4,216 29,272 17,574 572 213,208 166,1W 47,066 46,353 3,106 29,172 13,330 671 200,898 153,838 1*7,060 45,195 3,792 26,891 13,697 576 200,199 15U,302 45,897 45,249 4,285 24,859 18,439 966 208,193 162,242 45,951 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 69 207 18 101 259 116 155 458 5 173 248 117 213,502 201,374 200,817 208,731 138 4,370 4, 508 6,971 914 173 138 4,370 4,508 7,080 808 175 138 4,370 4, 508 7,080 1,369 179 138 4,370 4,508 7,604 207 256 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_ 12,566 12,571 13,136 12,575 226,068 213,945 213,953 221,306 45,156 46,187 45,597 45,058 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 60 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued MISSOURI [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 79 banks 79 banks 79 banks 79 banks ASSETS Loans and discounts (including overdrafts)481,407 U. S. Government securities, direct obligations 610,174 Obligations guaranteed by U. S. Government Obligations of States and political subdivisions 44,236 Other bonds, notes, and debentures 34,424 Corporate stocks, including stock of Federal Reserve bank 2,643 Reserve with Federal Reserve bank 252,998 Currency and coin _ _ _. 15,698 Balances with other banks, and cash items in 219,735 process of collection 8,435 Bank premises owned, furniture and fixtures Real estate owned other than bank premises Investments and other assets indirectly represent331 ing bank premises or other real estate 310 Customers' liability on acceptances outstanding._. 2,577 Income earned or accrued but not collected 820 Other assets 1,674,786 Total assets 452,459 627,859 18 47,943 35,096 495,536 666,396 57,395 38,628 508,231 658,974 26 58,751 35,774 2,652 248,062 15,035 2,649 211,078 15,297 2,655 221,312 13,979 199,132 8,797 144 218,778 9,032 132 255,506 8,965 129 327 260 2,133 653 324 555 3,185 848 320 303 2,456 1,039 1,640,570 1,719,833 1,768,420 896,048 891,562 937,880 945,204 227,065 135 38,406 74,319 329,651 9,250 1,574,874. 1,3^0,332 23 U, 5U2 227,854 126 23,084 64,237 323,804 9,154 ,539,821 ,SOU,790 235,031 229,936 76 30,866 57,455 349,499 7,933 1,613,645 1,376,824 236,821 227,102 77 30,455 75,684 373,161 11,790 ,663,473 ,429,606 233,867 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 50 1,500 505 1,190 2,816 397 465 1,303 2,535 1,270 576 1,509 3,141 689 366 1,482 2,929 1,043 1,579,832 1,545,394 1,621,060 1,669,293 32,243 34,013 26,244 2,454 32,393 34,298 25,689 2,796 32,453 34,435 28,674 3,211 32,453 38,430 25,105 3,139 CAPITAL ACCOUNTS Capital stock: Common stock Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts 94,954 95,176 98,773 99,127 1,674,786 1,640,570 1,719,833 1,768,420 167,627 147,254 158,050 160,263 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 61 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. SI, 1949—Continued MONTANA [In thousands of dollars] Apr. 11, 1949 39 banks June 30, 1949 39 banks Nov. 1, 1949 Dec. 31, 1949 39 banks 39 banks ASSETS 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 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 Income earned or accrued but not collected Other assets Total assets 59,413 140,719 50,112 148,182 6,676 4,192 48,547 173,781 6,782 4,348 48,648 171,089 7,672 4,906 286 41,168 4,358 286 36,736 4,583 287 35,335 4,012 288 32,885 4,435 26,727 1,973 637 30,489 2,009 662 128 40,621 2,080 860 198 36,862 2,175 811 32 286,247 284,317 315,708 312,041 176,555 172,382 198,399 189,213 48,923 5 4,562 31,410 9,073 2,882 273, MO 22!>,259 J^.9,151 48,869 5 3,045 33,295 10,727 2,661 270,98^ 221,887 U9,097 49,653 49,985 3,764 31,749 15,227 2,389 301,181 251,309 U9,872 3,633 36,057 15,145 3,728 297,761 2A7,552 50,209 100 406 347 15 501 428 24 591 673 30 621 619 110 274,278 271,937 302,475 299,111 4,880 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 Income collected but not earned 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 60 4,765 A, 825 4,716 1,965 463 60 4,765 U, 825 4,756 2,397 402 60 4,765 U, 825 4,781 3,192 435 60 4,765 U, 825 4,821 2,899 385 11,969 12,380 13,233 12,930 286,247 284,317 315,708 312,041 49,088 49,135 54,070 55,618 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 62 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date oj each call during year ended Dec. 81,1949—Continued NEBRASKA [In thousands of dollars] 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 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^. Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 126 banks 126 banks 125 banks 125 banks 217,787 363,389 41,530 20,315 209,480 366,421 3 43,570 20,117 207,727 413,949 47,927 18,862 219,651 404,589 4 48,256 18,849 1,095 138,205 9,364 1,096 128,675 9,089 1,099 118,803 8,722 1,105 118,701 8,415 104,716 5,095 111,068 5,048 127,495 5,159 11 129,231 5,148 26 1,179 714 1,203 1,601 1,453 984 57 10 1,335 561 903,395 897,381 952,195 955,938 549,805 551,707 588,438 588,199 102,950 23 22,668 42,007 123,264 5,704 102,546 23 12,673 43,004 126,476 6,362 81+2,791 7U0,062 102,729 103,081 23 16,896 35,763 144,476 5,399 102,939 23 19,316 45,630 138,247 5,946 900,300 797,171 103,129 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities- 7 us,339 89 J,., 076 790,805 103,271 103,082 950 2,400 350 508 962 69 525 954 238 554 1,254 76 10 562 1,004 248 852,000 845,458 3,360 902,474 27 17,968 17,995 17,923 10,936 4,541 27 17,968 17,995 18,062 11,536 4,330 25 17,970 17,995 18,148 13,203 4,489 25 17,970 17,995 18,465 12,126 4,878 4,040 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 51,395 51,923 53,835 53,464 903,395 897,381 952,195 955,938 107,615 102,188 110,642 105,806 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes EEPORT OF THE COMPTEOLLER OF THE CURRENCY 63 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued NEVADA [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 5 banks 5 banks 5 banks 5 banks 41,877 60,013 7,111 831 42,282 58,592 40,495 69,464 6,992 711 40,870 68,953 6,898 261 118 16,091 2,627 118 14,844 2,793 118 11,719 2,894 118 11,887 2,975 7,927 896 13 443 406 6,883 923 13 424 176 10,542 586 373 9,416 1,111 7 456 165 138,353 134,751 144,212 144,166 6,808 1,264 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 63,724 61,487 69,003 66,936 45,737 2,643 15,072 756 1,475 129,U07 81,1*22 1+7,985 46,129 1,779 14,349 626 1,549 125,919 77,U67 45,924 2,278 15,030 890 1,581 13U,706 85,361 46,279 2,284 16,945 1,124 1,383 13U,951 85,252 U9,699 233 686 284 242 513 211 259 701 248 261 458 209 130,610 126,885 135,914 135,879 1,810 2,138 3,780 15 1,810 2,137 3,904 15 1,810 2,138 4,335 15 1,810 2,138 4,324 15 CAPITAL ACCOUNTS Capital stock: Common stockSurplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts. 7,743 7,866 8,298 8,287 138,353 134,751 144,212 144,166 21,262 21,601 22,826 23,483 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 64 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued NEW HAMPSHIRE [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 51 banks 51 banks 51 banks 51 banks 66,352 61,045 6,710 5,506 66,966 61,059 36 7,035 5,344 66,315 70,015 7,205 5,627 65,906 67,136 35 6,576 5,507 435 23,427 6,204 435 20,856 6,030 434 18,906 5,505 435 19,107 5,164 20,993 1,645 19,150 1,627 5 22,187 1,647 12 23,082 1,599 55 54 57 2 110 117 54 11 141 53 1 111 192,494 188,714 198,059 194,767 103,241 102,661 108,060 104,792 41,703 20 4,208 11,407 6,057 4,919 171,555 128,983 1+2,572 41,662 20 3,429 10,895 5,603 3,829 168,099 125, !>60 1*2,689 41,610 20 4,353 12,668 6,232 4,364 177,307 13U,682 U2,625 40,007 20 4,856 12,785 6,847 4,875 17b,182 133,157 U , 025 LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations _ Postal savings deposits Deposits of U. S. G overnment 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 895 138 85 5 390 155 186 129 150 169 101 6 161 180 128 172,678 168,959 177,733 174,651 14 5,771 5,785 8,372 4,505 1,154 14 5,785 8,387 4,444 1,139 12 5,773 5,785 8,387 4,941 1,213 12 5,773 5,785 8,419 4,746 1,166 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 5,771 19,816 19,755 20,326 20,116 192,494 188,714 198,059 194,767 10,069 9,269 9,028 9,446 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 65 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31, 1949—Continued NEW JERSEY [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 211 banks 210 banks 208 banks 208 banks 499,876 ,158,727 132,189 79,042 510,373 ,180,546 309 145,210 83,437 519,555 1,228,462 156,319 86,364 538,206 ,226,997 309 151,224 84,184 256,830 43,033 4,428 237,340 41,211 4,250 202,644 42,435 4,255 201,775 42,439 134,349 20,212 190 146,377 20,928 429 162,075 21,238 187 172,369 20,848 197 1,570 176 3,864 1,941 1,562 110 4,799 1,570 1,659 223 5,351 2,336 1,677 229 5,076 1,711 2,335,668 2,378,629 2,433,098 2,451,496 956,673 993,743 1,025,603 ASSETS 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 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 _. Income earned or accrued but not collected Other assets Total assets LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations Deposits of 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 921,681 984,945 47,247 159,892 24,494 23,846 2,162,105 1,166,192 995,913 1,008,066 994,488 982,659 44,103 33,560 48,515 168,872 155,432 163,692 25,109 21,996 25,530 28,988 28,013 28,909 2,203,71*0 2,255,303 2,271*, 908 1,21*8,1*81* 1,279,082 1,183,285 1 ,020,1*55 1,006,819 995,826 4,610 1,105 400 200 176 3,707 4,030 700 110 3,899 3,866 2,343 223 4,602 5,187 631 229 4,915 4,075 1,121 2,175,328 2,215,063 2,266,346 2,285,448 3,868 322 52,227 56,1*17 64,513 29,302 10,108 4,129 252 53,082 3,145 187 53,416 57,1*63 3,370 187 53,416 56,973 56,71*8 67,108 29,125 9,870 67,792 32,833 9,154 70,804 28,825 9,671 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 160,340 163,566 166,752 166,048 2,335,668 2,378,629 2,433,098 2,451,496 119,894 120,302 117,570 122,894 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 66 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued NEW MEXICO [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 24 banks 25 banks 25 banks 26 banks 72,903 82,285 7,405 1,086 73,658 79,780 6,905 1,072 75,207 82,215 6,788 880 257 30,273 4,143 270 28,146 4,300 279 27,600 4,264 6,809 880 285 26,067 4,561 28,897 1,571 236 190 127 25,741 1,552 238 187 114 41,396 1,618 220 227 107 44,174 1,596 262 216 90 229,373 221,963 240,801 249,609 131,918 125,450 142,472 145,059 29,281 11 5,200 40,460 8,916 2,300 218,086 186,692 31,39k 29,922 11 4,991 40,157 7,323 2,280 210,1SU 177,87k 32,260 30,682 11 5,280 36,804 10,804 2,027 228,080 195,050 33,030 30,716 11 5,864 41,155 10,901 3,119 236,825 203,761 33,06k 250 73 7 150 267 64 14 50 331 131 154 348 48 185 218,416 210,629 228,746 237,406 4,475 4,076 865 1,541 4,625 4,425 712 1,572 4,885 4,425 1,175 1,570 5,060 4,542 435 2,166 74,327 90,342 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts. 10,957 11,334 12,055 12,203 229,373 221,963 240,801 249,609 53,289 53,524 55,979 57,821 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 67 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 81,1949—Continued NEW YORK [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 386 banks 386 banks 385 banks 382 banks Loans and discounts (including overdrafts) 3,431,378 U. S. Government securities, direct obligations >4,948,736 Obligations guaranteed by U. S. Government Obligations of States and political subdivisions 471,868 Other bonds, notes, and debentures 324,854 Corporate stocks, including stock of Federal Re41,762 serve bank . 2,287,506 Reserve with Federal Reserve bank Currency and coin ___ 99,645 Balances with other banks, and cash items in 742,806 process of collection. 86,497 Bank premises owned, furniture and fixtures 552 Real estate owned other than bank premises Investments and other assets indirectly represent1,557 ing bank premises or other real estate 34,568 Customers' liability on acceptances outstanding. _ 25,051 Income earned or accrued but not collected 84,348 Other assets 3,559,991 5,260,516 904 485,913 360,429 3,667,084 [5,602,757 574,863 360,021 3,676,450 5,520,916 879 617,648 362,023 41,724 2,190,788 92,793 41,727 2,133,806 89,682 42,019 2,056,009 86,212 983,376 86,467 1,087 861,013 86,804 1,188 1,083,836 86,613 562 1,641 31,185 25,501 74,750 1,840 37,066 32,522 75,425 1,856 43,487 27,275 63,249 12,581,128 13,197,065 13,565,798 13,669,034 Total assets . LIABILITIES Demand deposits of individuals, partnerships, and 7,130,982 7,307,149 7,431,559 corporations Time deposits of individuals, partnerships, and 1,636,461 1,662,755 1,636,950 corporations Postal savings deposits Deposits of U. S. Government 298,917 219,127 400,620 316,748 258,416 Deposits of States and political subdivisions 344,168 1,633,474 1,716,021 1,772,175 Deposits of banks 444,462 Other deposits (certified and cashiers' checks, etc.) _ 241,270 410,571 11,119,730 11,7^6,052 11,996,0^3 Total deposits 9,U10,91U 9,952,218 10,217,0U Demand deposits Time deposits 1,793,83h 1,778,999 Bills payable, rediscounts, and other liabilities for 1,708,816 borrowed money 29,253 4,502 64,600 Mortgages or other liens on bank premises and other real estate 10 10 10 Acceptances executed by or for account of reporting banks and outstanding 36,232 33,203 42,739 Income collected but not earned 15,018 15,172 Expenses accrued and unpaid 17,823 39,895 42,408 Other liabilities 45,088 273,133 285,944 314,417 Total liabilities 11,513,271 12,127,291 12,480,720 7,672,777 1,651,444 327,600 269,863 1,856,966 366,227 12,1U,897 10,332,772 1,812,125 1,655 10 50,163 17,899 45,432 335,666 12,595,722 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 _ 2,799 549 331,539 495,944 198,202 38,824 2,799 549 331,617 33U,965 496,825 200,327 37,657 2,558 520 331,729 33A,807 497,519 212,606 40,146 1,067,857 1,069,774 1,085,078 1,073,312 12,581,128 13,197,065 13,565,798 13,669,034 33U,887 2,528 520 331,352 331>,U00 533,860 187,256 17,796 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 917,523 959,802 1,117,398 998,831 68 REPOKT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States^ at date of each call during year ended Dec. 31,1949—Continued NORTH CAROLINA [In thousands of dollars] 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 bank Reserve with Federal Reserve bank Currency and coin _ r _. 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,. Income earned or accrued but not collected Other assets Total assets- Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 46 banks 46 banks 46 banks 46 banks 129,703 188,705 16,834 5,711 129,949 180,967 16,538 5,254 133,765 200,184 21,214 7,409 693 61,179 11,124 705 54,405 11,087 706 49,664 12,766 715 51,759 11,199 54,827 3,870 40 57,519 3,879 39 68,209 3,872 104 71,582 3,818 111 533 342 571 278 834 628 1 11 676 364 473,562 461,199 499,358 496,506 278,593 275,218 298,028 297,887 89,199 1 10,862 39,712 17,319 5,933 Ul,619 339,16U 102 A55 87,669 1 7,113 35,201 16,108 7,468 U28,778 328,275 100,503 85,759 1 14,811 38,689 20,163 8,369 ^65,820 369,511 96,309 85,260 1 11,406 37,056 23,464 8,411 U63,U85 367,908 95,577 138,031 191,267 ""2X516 5,462 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 200 857 788 64 7 846 868 152 910 870 6 11 1,008 963 236 443,328 430,851 467,606 465,703 8,725 14,340 5,185 1,984 8,725 14,789 4,829 2,005 8,725 14,789 6,156 2,082 8,725 15,306 4,997 1,775 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts _ 30,234 30,348 31,752 30,803 473,562 461,199 499,358 496,506 82,024 72,036 78,729 74,768 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 69 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued NORTH DAKOTA [In thousands of dollars] 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 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 Investments and other assets indirectly representing bank premises or other real estate Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 41 banks 41 banks 41 banks 41 banks 54,913 141,736 6,455 4,331 43,641 147,844 9 7,159 5,050 54,196 158,162 8,311 5,559 55,278 154,598 9 9,129 5,795 264 33,427 3,029 266 31,655 3,108 275 27,435 2,900 276 26,045 3,173 25,727 1,254 22,637 1,334 24,961 1,410 18,657 1,317 663 32 656 55 812 37 10 716 39 271,831 263,414 284,058 275,042 165,182 159,044 176,938 169,957 68,316 6 5,069 8,610 8,612 2,097 257,892 189,101 68,791 67,921 6 3,686 7,736 9,523 1,959 21*9,875 181,230 68,61*5 69,333 6 4,658 6,790 10,165 1,727 269,617 199,661 69,956 69,657 6 4,287 6,858 8,391 1,774 260,930 190,61*8 70,282 LIABILITIES Demand deposits of individuals, partnerships, and corporations _ Time deposits of individuals, partnerships, and corporations Postal savings deposits Deposits of tj. S. Government Deposits of States and political subdivisions Deposits of banks Other deposits (certified and cashiers' checks, etc.). Total deposits Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 700 256 652 327 620 44 417 786 3 430 674 63 259,506 250,866 270,823 262,097 3,990 4,830 2,701 804 3,990 4,929 2,813 816 4,015 5,156 3,245 819 4,015 5,259 2,806 865 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts- 12,325 12,548 13,235 12,945 271,831 263,414 284,058 275,042 23,920 22,169 23,575 26,506 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 70 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31, 1949—Continued OHIO [In thousands of dollars] Apr. 11, 1949 241 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 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,. Income earned or accrued but not collected Other assets Total assets- June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 241 banks 241 banks 241 banks 859,970 803,192 /I,568,276 1,564,412 24 159,588 155,993 78,071 79,301 867,106 886,792 •1,724,445 / 1,743,212 24 164,291 163,593 73,677 72,509 5,506 471,815 57,373 5,531 436,670 55,132 5,573 390,622 55,004 5,618 386,013 55,289 286,768 30,283 5 280,090 30,440 27 304,582 30,643 19 355,981 30,440 3 844 563 5,002 2,108 843 600 4,773 2,029 843 554 6,435 2,342 842 174 5,585 1,525 3,523,165 3,482,064 3,626,136 3,707,600 1,731,266 1,760,346 1,819,260 1,897,695 967,954 170 101,823 261,818 172,680 31,846 3,267,557 2,228,82}. l,0U,233 966,027 170 58,048 251,548 161,202 37,914 3,235,255 2,192,571 965,450 170 101,421 241,565 192,102 39,590 3,359,558 2,319,928 1,039,630 966,493 170 101,512 232,090 200,021 60,884 3,1+58,865 2,1*21,0U 1,037,821 10,875 550 16,025 230 563 4,351 7,999 1,895 600 4,658 8,026 1,934 554 5,318 7,755 1,588 174 5,274 7,204 2,315 3,293,240 3,251,023 3,390,798 3,474,062 7,000 77,226 8},226 99,631 38,907 8,277 7,000 77,226 8U,226 100,102 42,547 8,463 3,400 78,826 82,226 106,736 36,611 7,965 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 de-posits Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Acceptances executed by or for account of reporting banks and outstanding Income collected but not earned 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 7,000 77,176 8^,176 98,368 39,287 8,094 229,925 231,041 235,338 233,538 3,523,165 3,482,064 3,626,136 3,707,600 413,000 462,672 531,276 500,730 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 71 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 81, 1949—Continued OKLAHOMA [In thousands of dollars] 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 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.. Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 200 banks 200 banks 199 banks 199 banks 330,521 516,479 77,064 10,292 320,129 526,216 20 76,745 10,333 352,261 531,321 83,217 11,137 360,201 534,126 19 88,699 14,415 1,733 198,329 16,114 1,740 184,642 16,959 1,721 167,091 14,503 1,845 175,487 16,284 199,015 6,028 6 219,859 6,008 48 212,124 6,634 70 280,104 6,473 46 325 58 1,412 1,201 415 377 1,248 1,029 525 173 1,852 871 900 172 1,379 698 1,358,577 1,365,768 1,383,500 1,480,848 841,636 872,062 915,122 93,044 93,194 100 95 15,201 24,529 170,877 137,627 137,837 137,230 12,351 12,978 1,271,0U6 1,277,715 1,172,631 1,179,7U9 98,1>15 97,966 92,925 99 34,245 160,723 160,589 18,458 1,382,161 1,28A,632 97,529 LIABILITIES Demand deposits of individuals, partnerships, and 826,958 corporations Time deposits of individuals, partnerships, and 92,168 corporations 100 Postal savings deposits 28,448 Deposits of U. S. Government 178,006 Deposits of States and political subdivisions 128,411 Deposits of banks 11,515 Other deposits (certified and cashiers' checks, etc.) _ 1,265,606 Total deposits 1,168,7^7 Demand deposits 96,859 Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Acceptances executed by or for account of report58 ing banks and outstanding 858 Income collected but not earned 2,623 Expenses accrued and unpaid 152 Other liabilities Total liabilities 9,050 377 822 2,701 623 173 1,006 2,868 220 172 939 2,648 891 1,269,297 1,275,569 1,291,032 1,386,811 25,968 31,791 25,881 5,640 26,278 32,183 26,024 5,714 25,778 31,604 30,623 4,463 27,903 34,089 27,051 4,994 CAPITAL ACCOUNTS Capital stock: Common stockSurplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts _ 89,280 90,199 92,468 94,037 1,358,577 1,365,768 1,383,500 1,480,848 260,207 251,490 256,727 256,639 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 72 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued OREGON [In thousands of dollars] 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 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--. Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 21 banks 21 banks 20 banks 20 banks 337,567 474,100 72,890 7,770 320,908 484,384 333,941 329,415 522,210 76,036 7,992 506,367 85,977 8,889 1,206 183,990 13,514 1,210 156,033 14,705 1,273 140,456 13,260 1,363 139,423 12,939 86,455 13,260 82,903 13,367 403 2,812 2,323 179 3,608 738 90,422 13,803 4 557 3,909 705 90,842 13,953 7 338 3,832 655 1,196,290 1,162,063 1,199,563 1,209,647 642,241 625,264 661,906 640,377 325,317 15 18,350 90,607 30,101 12,407 ,119,038 787,799 331,239 324,793 15 14,751 78,166 28,013 13,011 ,08U,013 75U,068 329,91+5 323,444 15 16,156 72,674 31,005 12,623 ,117,823 789,637 328,186 324,422 15 16,969 99,053 33,139 14,978 ,128,953 799,801 329,152 85,278 9,392 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 403 2,576 3,773 1,164 179 2,876 3,646 619 589 3,085 5,128 689 419 3,166 2,841 619 1,126,954 1,091,333 1,127,314 1,135,998 16,390 23,816 23,922 5,208 16,415 26,105 22,785 5,425 16,365 26,070 26,079 3,735 16,365 29,367 27,673 244 CAPITAL ACCOUNTS Capital stock: Common stockSurplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts. 69,336 70,730 72,249 73,649 1,196,290 1,162,063 1,199,563 1,209,647 228,167 256,056 241,926 249,965 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 73 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued PENNSYLVANIA [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 636 banks 633 banks 633 banks 633 banks ASSETS Loans and discounts (including overdrafts) 1,780,321 1,706,276 U. S. Government securities, direct obligations /3,113,659 3,037,942 \ Obligations guaranteed by U. S. Government 177 ' 217,465 Obligations of States and political subdivisions 238,885 373,697 369,294 Other bonds, notes, and debentures Corporate stocks, including stock of Federal Re26,077 26,079 serve bank 927,674 908,908 Reserve with Federal Reserve bank 118,315 109,970 Currency and coin Balances with other banks, and cash items in 506,005 492,000 process of collection 61,071 60,827 Bank premises owned, furniture and fixtures 460 515 Real estate owned other than bank premises Investments and other assets indirectly represent224 2,066 ing bank premises or other real estate 4,216 3,182 Customers' liability on acceptances outstanding... 10,558 11,000 Income earned or accrued but not collected 7,231 7,666 Other assets Total assets 1,775,382 1,769,951 / 3,234,080 3,280,131 177 266,073 270,388 377,984 366,887 26,327 775,358 105,784 26,234 779,108 109,391 543,430 61,894 670 610,203 60,611 765 1,951 4,641 13,950 6,463 1,924 5,545 11,880 7,215 7,057,251 7,064,509 7,234,607 7,259,790 3,470,228 3,542,910 3,587,804 3,656,826 1,907,461 548 132,136 283,663 450,789 45,866 6,290,691 4,276,269 2,014,422 1,905,129 548 118,159 243,469 450,037 49,469 6,309,721 4,302,107 2,007,614 1,898,255 550 157,568 266,737 506,381 46,074 6,163,369 4,473,480 1,989,889 1,872,327 542 128,529 251,345 512,892 67,433 6,^89,891 4,535,376 1,954,518 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 17,465 353 2,865 1,640 4,653 7,838 17,323 2,445 3,588 8,148 18,108 6,803 4,829 9,161 19,317 3,268 6,037 9,182 17,342 6,360 6,340,415 6,346,721 6,502,809 6,530,455 46 70 213,514 213,630 346,970 118,038 38,198 46 70 213,139 213 255 349^533 116,247 38,753 46 70 214,042 214,158 350,879 127,712 39,049 46 50 214,062 214,158 358,875 117,395 38,907 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 716,836 717,788 731,798 729,335 7,057,251 7,064,509 7,234,607 7,259,790 717,124 703,126 770,611 742,178 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 74 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued RHODE ISLAND [In thousands of dollars] 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 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-. Income earned or accrued but not collected Other assets Total assets . Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 8 banks 8 banks 8 banks 8 banks 69,614 67,167 111,797 3,066 3,925 69,926 124,544 3,835 4,163 ~~~3~542 3,979 586 30,166 5,158 582 29,339 4,424 588 22,635 5,157 588 27,778 4,749 16,312 999 14,180 1,007 18,498 1,018 93 507 92 181 508 116 15,115 1,146 8 114 671 135 239,934 236,292 248,037 264,274 168,843 166,944 174,826 190,544 19,878 50 5,303 11,443 7,872 1,603 20,049 50 3,646 10,858 8,150 1,610 211>, 992 19^,682 20,310 211,307 190,827 20,U80 20,135 50 4,619 12,536 8,553 1,944 222,663 202,095 20,568 19,903 50 6,639 10,743 9,373 1,704 238,956 218,620 20,336 93 308 837 61 181 326 793 298 114 321 943 81 149 344 863 207 216,391 212,905 224,122 240,519 8,720 10,520 3,997 306 8,720 10,615 3,759 293 8,820 10,615 4,184 296 8,820 10,675 3,851 409 109,337 3,261 3,809 69,997 133,044 149 607 325 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 100 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts _ 23,543 23,387 23,915 23,755 239,934 236,292 248,037 264,274 14,607 15,195 14,418 17,586 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 75 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued SOUTH CAROLINA [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 24 banks 25 banks 25 banks 25 banks 102,401 188,673 12,983 8,751 464 59,758 10,861 100,487 179,497 45,670 2,523 100,017 188,751 14,951 9,042 103,737 189,915 5 14,977 8,964 830 46,281 10,064 508 45,623 9,479 41,293 2,513 47,416 2,556 2 54,968 2,476 2 21 357 333 37 361 286 36 431 260 30 396 214 432,795 407,871 420,637 431,294 273,496 266,799 271,345 280,251 53,102 7 8,202 56,877 14,263 3,608 hO9,555 35U, 761 53,189 7 5,648 42,346 12,022 4,042 38b,053 329,361 51>, 692 53,231 7 7,191 42,390 15,542 6,140 395,8U6 31*1,1*88 5h,358 51,371 7 7,703 44,519 16,285 6,245 1*06,381 353,287 53,09U 13,176 8,832 689 50,745 9,955 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 Acceptances executed by or for account of reporting banks and outstanding. Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 448 872 282 19 457 957 425 530 999 487 556 995 933 411,157 385,911 397,868 408,865 6,900 8,450 4,370 1,918 6,975 8,749 4,583 1,653 7,475 9,354 4,706 1,234 7,475 9,588 4,152 1,214 21,638 21,960 407,871 22,769 432,795 420,637 22,429 431,294 64,837 64,051 65,686 69,166 CAPITAL ACCOUNTS Capital stock: Common stock. Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts. MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 76 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued SOUTH DAKOTA [In thousands of dollars] 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 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 Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 35 banks 35 banks 35 banks 35 banks 70,224 116,003 9,636 5,094 69,007 112,771 4 9,381 5,125 66,020 127,764 9,841 6,834 67,606 126,566 4 9,841 7,109 278 34,643 3,364 281 31,105 3,321 287 27,144 3,235 288 26,902 3,309 18,561 1,328 728 289 24,143 1,322 735 336 32,271 1,378 844 382 28,549 1,389 737 203 260,148 257,531 276,000 272,503 160,230 155,276 172,370 170,306 47,092 2 8,023 23,661 5,842 1,688 246,538 197,998 48,540 46,779 2 5,592 26,206 7,377 2,232 243,464 195,216 48,248 47,422 2 6,232 23,110 10,306 1,850 261,292 212,422 48,870 48,234 2 6,516 22,010 9,064 1,801 257,933 208,249 49,684 30 307 19 29 382 658 175 29 445 622 36 29 468 674 134 247,542 244,708 262,424 259,238 3,663 5,618 2,649 676 3,663 5,718 2,760 682 3,663 5,923 3,273 717 3,663 6,012 2,906 12,606 12,823 13,265 260,148 257,531 272,503 34,883 35,337 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities CAPITAL ACCOUNTS Capital stock: Common stockSurplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts 684 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 39,877 40,625 REPORT OF THE COMPTROLLER OF THE CURRENCY 77 Assets and liabilities oj national banks, by Slates, at date of each call during year ended Dec. 81,1949—Continued TENNESSEE [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 72 banks 72 banks 72 banks 72 banks ASSETS 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 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 __ Income earned or accrued but not collected Other assets Total assets 438,926 473,416 72,090 15,427 392,615 509,328 28 73,106 12,898 451,706 517,216 76,707 22,762 479,629 509,443 6 76,825 21,520 2,483 203,926 22,915 2,489 188,575 22,230 2,499 168,281 20,535 2,499 177,288 21,985 159,084 12,091 465 159,763 12,535 383 166,714 12,989 369 189,251 13,186 250 54 162 1,681 1,026 54 99 1,745 1,066 53 424 2,294 1,136 53 360 1,839 1,407 1,403,746 1,376,914 1,443,685 1,495,541 656,640 678,494 698,929 290,985 150 12,902 133,424 183,930 9,491 ,287,522 986, WU 301,118 288,057 150 16,549 118,554 237,857 10,173 LIABILITIES Demand deposits of individuals, partnerships, and 673,278 corporations Time deposits of individuals, partnerships, and 286,847 corporations 149 Postal savings deposits 21,148 Deposits of U. S. Government 114,399 Deposits of States and political subdivisions 211,316 Deposits of banks 7,970 Other deposits (certified and cashiers' checks, etc.) _ 1,315,107 Total deposits 1,020,078 Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for 25 borrowed money Acceptances executed by or for account of report162 ing banks and outstanding 2,825 Income collected but not earned 2,255 Expenses accrued and unpaid 304 Other liabilities Total liabilities 0^9,256 300,578 287,619 151 19,117 108,515 273,974 14,345 1,402,650 1,10^,130 298,520 99 3,004 2,200 407 424 3,362 2,952 302 360 3,472 2,474 581 1,320,678 1,293,282 1,356,874 1,409,537 435 24,741 25,176 40,937 13,969 2,986 410 24,741 25,151 41,130 14,462 2,889 365 24,796 25,161 41,630 16,932 3,088 24,796 25,161 42,514 14,214 4,115 50 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 83,068 83,632 1,403,746 1,376,914 * 156,503 157,800 86,811 1,443,€ 365 86,004 1,495,541 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 159,480 153,102 78 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued TEXAS [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 438 banks 438 banks 440 banks 440 banks ASSETS Loans and discounts (including overdrafts) 1,514,767 1,473,108 U. S. Government securities, direct obligations •1,706,758 fl,741,504 Obligations guaranteed by U. S. Government 1 3 194,420 Obligations of States and political subdivisions 195,522 45,962 Other bonds, notes, and debentures 44,096 Corporate stocks, including stock of Federal Re6,993 serve bank 7,093 784,926 Reserve with Federal Reserve bank 730,679 Currency and coin 67,899 67,156 Balances with other banks, and cash items in process of collection 769,037 723,790 45,655 45,470 Bank premises owned, furniture and fixtures 2,516 Real estate owned other than bank premises 4,397 Investments and other assets indirectly represent4,934 4,439 ing bank premises or other real estate 2,415 4,174 Customers' liability on acceptances outstanding 3,473 3,296 Income earned or accrued but not collected 3,625 3,214 Other assets 5,108,066 5,093,255 Total assets 1,614,598 1,747,250 1,888,740 / 1,876,975 I 3 207,573 207,098 39,855 39,470 7,201 672,562 70,805 7,261 704,226 66,610 884,094 47,858 4,570 1,072,608 47,638 4,667 6,381 3,961 4,329 3,219 6,590 9,709 4,277 3,025 5,455,746 5,797,407 3,393,030 3,440,928 427,683 359 63,773 475,083 710,762 42,441 5,113,131 U,563,900 51>9,231 430,916 365 70,161 512,875 888,234 110,639 5,U5U,118 U,900,929 553,189 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 3,209,128 3,214,559 421,617 428,275 369 365 75,476 52,861 490,661 452,977 547,771 574,732 38,349 41,519 U, 783,371 U,765,288 U, 271,811 U,225,U30 511,560 539,858 60 293 100 4,762 2,029 10,976 609 2,680 2,081 11,279 2,008 4,394 2,472 12,559 639 10,692 2,658 10,916 2,445 4,801,807 4,783,629 5,133,295 5,480,829 455 112,570 113,025 120,358 58,168 14,708 455 113,398 113,853 122,510 57,206 16,057 200 115,643 115,8U2 123,618 67,018 15,972 200 116,768 116,968 126,061 56,382 17,167 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 306,259 309,626 322,451 316,578 5,108,066 5,093,255 5,455,746 5,797,407 684,209 674,135 712,823 727,269 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes.. 79 KEPOET OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued UTAH [In thousands of dollars] 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 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 Investments and other assets indirectly representing bank premises or other real estate Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec 31, 1949 11 banks 11 banks 11 banks 11 banks 92,197 115,669 4,826 1,016 90,576 106,283 3 4,578 1,016 95,381 116,380 8,973 1,057 95,964 119,462 3 7,852 1,053 334 42,982 2,875 335 44,355 3,272 335 40,418 2,902 334 47,069 2,945 27,720 1,978 21,753 2,304 23,913 2,353 25,767 2,313 768 7 135 743 40 203 725 6 446 740 28 313 290,507 275,461 292,889 303,843 155,125 147,589 164,517 152,257 64,922 20 3,118 26,141 23,798 1,518 27A,642 209,1U 65,501 65,435 20 2,088 21,507 20,511 1,829 258,979 192,965 66,011,. 66,537 20 2,148 19,760 21,520 1,576 276,078 208,939 67,139 67,510 20 2,812 32,728 29,436 2,027 286,790 218,671 68,119 LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations p i Postall 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities _._ 412 633 193 448 894 245 518 901 181 532 927 182 275,880 260,566 277,678 288,431 5,075 5,632 2,638 1,282 5,075 5,637 2,921 1,262 5,075 5,637 3,234 1,265 5,200 5,675 3,274 1,263 CAPITAL ACCOUNTS Capital stock: Common stockSurplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts. 14,627 14,895 15,211 290,507 275,461 292,889 15,412 303,843 4,954 3,894 4,037 4,262 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 80 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued VERMONT [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 39 banks 39 banks 39 banks 39 banks ASSETS 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 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 Income earned or accrued but not collected Other assets Total assets 52,115 42,542 5,959 5,212 52,765 41,772 29 6,701 4,872 52,834 45,601 6,263 4,614 52,329 45,247 29 5,756 4,567 310 13,769 2,464 395 13,627 2,594 311 11,858 2,597 311 11,687 2,292 9,990 1,388 27 9,412 1,433 26 12,480 1,465 9 12,285 1,424 11 23 121 158 22 145 129 23 162 148 23 151 156 134,078 133,922 138,365 136,268 49,158 49,054 51,937 50,933 63,522 3 1,512 3,077 874 868 119,01U 5^,818 6U,196 63,118 3 1,244 2,633 888 1,720 118,660 5U,797 63,863 62,019 3 1,391 4,907 845 2,021 123 ,123 60,389 6%,73k 62,224 3 1,622 3,941 1,071 1,493 121 ,287 58,369 62,918 475 390 115 292 450 440 173 369 470 142 355 432 159 417 120,286 120,092 124,090 122,295 4,753 U,753 4,728 3,402 1,392 753 753 853 011 356 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 Income collected but not earned 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 35 4,718 U,753 4,661 3,082 1,296 35 4,718 U, 753 4,698 2,978 1,401 13,792 13,830 14,275 13,973 134,078 133,922 138,365 136,268 5,278 5,344 4,666 5,165 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 81 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued VIRGINIA [In thousands of dollars] 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 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 estateCustomers'' liability on acceptances outstanding. _. lia Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 131 banks 131 banks 132 banks 132 banks 354,559 407,182 31,171 17,088 351,425 414,845 17 31,550 16,142 365,893 457,601 34,113 19,050 374,775 451,206 17 33,645 18,037 1,969 134,217 24,050 1,970 123,485 23,109 1,965 113,475 23,406 1,980 128,141 22,460 114,703 10,295 268 127,343 10,447 254 125,562 11,005 219 133,468 10,944 196 710 121 997 1,370 710 141 957 1,558 700 289 1,361 1,479 691 332 1,118 1,449 1,098,700 1,103,953 1,156,118 1,178,459 538,349 569,792 539,251 299,551 303,834 15 15 23,673 26,846 60,190 61,743 78,250 87,241 14,073 14,023 ,01^,101 ,063,U9U 689,198 732,U30 321,., 903 331,06k 305,192 15 35,035 77,483 109,568 20,790 ,087,33U 755,308 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 Income collected but not earned Expenses accrued and unpaid __ Other liabilities Total liabilities 533,000 299,877 15 35,524 54,680 74,168 12,289 ,009,553 690,326 319,227 1,355 1,805 660 70 14 121 1,287 2,793 81 141 1,350 2,197 289 1,497 2,987 143 332 1,459 2,513 1,137 1,015,190 1,020,477 1,069,070 1,092,845 25 27,006 27,031 34,664 17,537 4,278 25 27,056 27,081 34,817 17,268 4,310 25 27,106 27,131 36,492 18,851 4,574 25 27,106 27,131 37,818 16,160 4,505 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 83,510 83,476 87,048 85,614 1,098,700 1,103,953 1,156,118 1,178,459 154,713 141,483 162,652 161,008 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 82 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued VIRGIN ISLANDS OF THE UNITED STATES [In thousands of dollars] Loans and discounts (including overdrafts) U. S. Government securities, direct obligations Obligations guaranteed by U. S. Government Other bonds, notes, and debentures Reserve with approved national banking associations Currency and coin __Balances with other banks, and cash items in process of collection Bank premises owned, furniture and fixtures Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 1 bank 1 bank 1 bank 1 bank 1,034 2,481 20 433 298 1,072 2,381 1,204 2,370 20 498 250 1,151 2,380 20 462 164 23 13 5 19 26 13 31 22 14 13 7 49 18 13 35 3 4,326 4,313 4,260 4,475 1,173 1,092 1,127 1,137 1,824 190 724 22 5 1,812 245 735 17 4 3,905 1,990 1,915 1,822 142 748 13 9 1,860 250 793 11 7 h, 058 2,103 1,955 20 547 265 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 3,938 2,015 1 ,923 3,861 1,91*5 1,916 6 14 5 3,953 3,930 3,877 4,083 100 50 150 75 38 110 100 50 150 75 35 123 100 50 150 75 37 121 100 50 150 75 45 122 373 383 383 392 4,326 4,313 4,260 4,475 320 320 320 320 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. MEMORANDTJM Assets pledged or assigned to secure liabilities and for other purposes 83 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued WASHINGTON [In thousands of dollars] 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 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,. Income earned or accrued but not collected Other assets Total assets. Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 37 banks 37 banks 37 banks 37 banks 521,156 604,352 106,833 25,151 492,225 629,738 520,641 512,723 673,184 106,360 29,465 665,996 116,360 26,696 ~121~558 26,904 1,761 232,644 24,525 1,762 224,462 24,428 1,792 192,235 24,844 1,797 199,806 24,212 170,264 10,330 141 156,282 10,552 246 161,383 11,158 371 176,228 11,277 291 475 126 3,726 793 475 35 3,061 597 475 159 4,700 634 475 191 3,286 854 1,702,277 1,679,688 1,727,444 1,752,786 LIABILITIES Demand deposits of individuals, partnerships, and 909,715 corporations Time deposits of individuals, partnerships, and 440,660 corporations 13 Postal savings deposits 38,991 Deposits of U. S. Government 130,951 Deposits of States and political subdivisions 68,707 Deposits of banks__ 15,304 Other deposits (certified and cashiers' checks, etc.). 1,60b,8bl Total deposits 1,157,076 Demand deposits U7265 Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Acceptances executed by or for account of report127 ing banks and outstanding 2,975 Income collected but not earned 3,032 Expenses accrued and unpaid 921 Other liabilities Total liabilities _ 900,584 940,267 964,526 440,712 12 31,957 120,982 70,200 15,681 1,580,128 1,131,517 U8,611 438,675 12 47,189 103,608 78,062 14,428 1,622,2U1 1,175,67 k U6,567 444,563 12 42,950 102,118 80,839 13,685 ,6^8,693 ,197,588 A51J05 200 100 138 3,309 2,802 410 183 3,749 4,054 552 191 3,792 3,273 691 1,611,396 1,586,987 1,630,879 1,656,640 25,110 31,931 21,310 12,530 25,110 32,015 22,623 12,953 26,760 32,988 23,606 13,211 26,760 33,231 22,889 13,266 CAPITAL ACCOUNTS Capital stock: Common stockSurplus Undivided profits Total capital accounts Total liabilities and capital accounts _ 90,881 92,701 96,565 96,146 1,702,277 1,679,688 1,727,444 1,752,786 293,625 290,571 289,404 283,568 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 84 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 81,1949—Continued WEST VIRGINIA [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 75 banks 74 banks 74 banks 74 banks ASSETS 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 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 Income earned or accrued but not collected Other assets Total assets 126,600 261,767 14,565 9,151 128^534 259,470 133,327 244,638 14,145 9,160 132,657 263,347 15,192 8,276 921 70,564 13,309 907 68,428 13,685 916 52,878 11,415 921 52,991 11,958 56,630 4,392 189 55,057 4,373 206 56,163 4,577 202 59,815 4,547 193 14 178 505 210 571 20 192 505 30 168 508 558,785 554,746 546,340 532,504 303,161 301,380 288,662 263,944 136,653 30 11,833 35,887 26,232 4,730 518,526 380,503 138,023 136,821 30 7,154 39,912 23,907 5,578 51U,782 376,571+ 138,208 134,743 25 7,947 44,755 23,838 5,287 505,257 369,126 136,131 129,861 25 11,671 45,191 27,488 12,825 J>91 ,005 359,667 131,338 / 15,080 8,328 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 700 1,000 670 1,256 42 179 742 104 42 238 828 314 42 272 750 125 42 320 929 380 520,293 517,204 507,116 493,932 12,800 17,511 6,443 1,738 12,460 17,486 5,833 1,763 12,460 17,675 7,328 1,761 12,560 18,265 5,912 1,835 CAPITAL ACCOUNTS Capital stock: Common stock Surplus Undivided profits Reserves : Total capital accounts Total liabilities and capital accounts 38,492 37,542 39,224 38,572 558,785 554,746 546,340 532,504 65,688 63,914 66,143 66,421 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes REPORT OF THE COMPTROLLER OF THE CURRENCY 85 Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31,1949—Continued WISCONSIN [In thousands of dollars] 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 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,. Income earned or accrued but not collected Other assets Total assets_ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 95 banks 95 banks 95 banks 95 banks 269,324 40,146 41,514 268,922 797,890 44,387 46,920 ~~45~249 47,231 1,761 179,192 18,954 1,761 163,790 20,094 1,770 144,714 18,911 1,803 149,679 17,530 159,630 9,063 136,125 9,046 7 148,485 9,092 167,483 9,006 33 58 2,943 2,088 33 45 2,409 2,073 35 93 3,568 2,328 35 110 2,934 1,746 1,469,839 1,427,347 1,487,115 1,519,399 637,669 684,256 715,659 487,586 34 33,809 66,047 96,280 13,950 ,335,375 8U2,U56 1*92,919 486,589 34 41,950 61,012 107,040 11,464 ,392,3U5 899,578 U92J67 484,771 34 41,047 61,445 107,039 15,448 ,U25,U3 935,363 A90,080 45 1,147 2,542 257 93 1,375 3,487 127 110 1,375 2,493 333 1,381,972 1,339,416 1,397,427 1,429,754 50 27,130 27,180 31,320 22,433 6,934 50 27,155 27,205 31,402 22,469 6,855 50 27,155 27,205 31,609 24,151 6,723 50 27,155 27,205 33,407 22,475 6,558 87,867 87,931 746,173 39,185 41,435 263,529 746,775 274,416 802,171 LIABILITIES Demand deposits of individuals, partnerships, and corporations 628,484 Time deposits of individuals, partnerships, and 490,154 corporations 34 Postal savings deposits 49,090 Deposits of U. S. Government 89,962 Deposits of States and political subdivisions 101,450 Deposits of banks 18,442 Other deposits (certified and cashiers' checks, etc.) _ 1,377,616 Total deposits 882,216 Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for 50 borrowed money Acceptances executed by or for account of report58 ing banks and outstanding 1,062 Income collected but not earned 3,096 Expenses accrued and unpaid 90 Other liabilities Total liabilities 50 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 89,645 1,4697839* 1,427,347 1,487,115 1,519,399 123,792 112,821 125,740 116,366 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 86 REPORT OF THE COMPTROLLER OF THE CURRENCY Assets and liabilities of national banks, by States, at date of each call during year ended Dec. 31, 1949—Continued WYOMING [In thousands of dollars] Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 26 banks 26 banks 25 banks 24 banks 39,004 75,729 6,967 2,171 40,614 72,466 42,442 82,150 7,099 1,910 41,591 77,447 6,965 1,852 205 21,937 3,486 206 20,146 3,513 205 18,661 3,079 203 18,981 3,306 18,586 827 65 140 64 20,417 824 65 160 83 28,695 913 65 182 60 28,124 918 28 150 69 169,181 167,503 179,715 185,049 99,313 98,618 108,405 104,298 30,265 17 2,934 17,234 8,089 1,185 159,037 128,097 30,91+0 29,989 18 2,575 17,013 7,490 1,523 157,226 126,687 30,539 30,022 17 3,284 14,203 11,686 1,512 169,129 138,5U9 30,580 30,306 18 2,878 22,372 12,973 2,169 277 159 4 278 169 82 308 216 37 336 186 65 159,477 157,755 169,690 175,601 70 2,445 2,515 4,356 2,205 628 70 2,445 2,515 4,442 2,234 557 2,465 2,1*65 4,376 2,716 468 2,365 2,365 4,497 2,124 462 ASSETS 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 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 Income earned or accrued but not collected Other assets Total assets _ 6,913 1,765 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 175,01U 1UJ6A 30,850 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 9,704 9,748 10,025 9,448 169,181 167,503 179,715 185,049 25,333 26,804 28,021 32,698 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes TABLE NO. 14—Earnings, expenses, and dividends of national banks for the year ended Dec. 81,1949 [In thousands of dollars] Earnings from current operations Location Number banks MaineNew Hampshire Vermont Massachusetts Rhode Island Connecticut _. Total New England States New York. New Jersey___ Pennsylvania Delaware Maryland District of Columbia Total Eastern States Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas. Kentucky Tennessee _ __ __ _ Total Southern States Ohio Indiana Illinois Michigan Wisconsin Minnesota _ Interest and dividends on securities 1 Interest and discount on loans Other service Service * comService charges, charges Trust missions, charges and other departfees, and on deposit fees on ment collection accounts and banks' exchange loans charges U.S. Government obligations Other securities 33 51 39 118 8 47 1,947 1,197 845 21,740 1,939 5,306 327 298 228 2,664 140 1,035 296 32,974 4,692 50,697 518 382 208 633 13 61 80,122 21,151 56,511 342 6,313 4,522 18,564 4,672 17,012 74 665 528 111,277 24,234 71,457 666 5,719 5,554 2,536 136 883 2 45 19 1,306 168,961 41,515 218,907 3,621 132 74 46 25 51 61 69 24 35 440 52 92 72 7,359 4,447 3,155 2,829 4,969 9,274 5,186 1,395 8,463 28,701 2,452 4,543 8,611 1,303 542 453 399 973 1,803 1,793 670 1,445 5,943 972 884 2,130 17,263 7,359 6,045 4,485 13,671 9,920 13,406 2,411 10,806 71,438 5,328 7,829 18,785 87 80 67 8 104 35 296 4 24 498 25 97 87 1,173 91,384 19,310 188,746 241 125 382 78 95 179 25,481 13,366 66,293 19,753 12,717 14,460 4,336 1,929 11,693 2,987 1,687 2,648 36,183 15,318 68,279 27,053 10,357 21,619 3,504 3,354 2,914 30,250 2,360 8,315 12 9 20 433 3 41 371 590 264 3,972 305 1,502 Other current earnings 205 283 142 5,316 104 1,064 Total earnings from current operations 6,734 5,937 4,539 68,526 5,073 19,214 91 111 60 1,867 37 276 277 95 66 2,284 185 1,675 7,004 2,442 4,582 7,114 110,023 10,878 3,870 5,998 34 604 969 4,263 682 2,402 15 218 171 8,806 1,503 6,120 10 328 559 23,885 2,035 7,494 13 591 439 260,331 58,283 167,877 1,156 14,483 12,761 22,353 7,751 17,326 34,457 514,891 1,413 627 891 812 1,634 2,800 1,384 371 1,499 5,513 691 684 1,190 525 232 395 603 1,700 1,099 922 477 1,007 3,064 571 151 1,333 1,270 284 300 277 869 831 660 48 324 1,982 147 202 817 1,095 695 524 195 1,088 2,349 1,281 185 1,858 8,437 540 524 1,389 30,315 14,266 11,830 9,608 25,008 28,111 24,928 5,561 25,426 125,576 10,726 14,914 34,342 1,412 19,509 12,079 8,011 20,160 360,611 236 171 2,004 498 116 215 3,932 1,923 8,560 2,773 1,470 2,631 1,360 579 2,313 1,246 542 2,563 3,238 620 8,954 1,599 543 1,805 4,991 2,089 9,727 2,039 1,674 2,151 79,757 35,995 177,823 57,948 29,106 48,092 TABLE NO. 14—Earnings, expenses, and dividends of national banks for the year ended Dec. 31,1949—Continued 00 [In thousands of dollars] Earnings from current operations Location Iowa Missouri-_ _ _ _ Total Middle Western States,__ ___ _ North Dakota South Dakota- _ _ _ _ _ Nebraska Kansas __ __ __ ___ _ M^ontana Wyoming _ _ Colorado-- __ _ New Mexico . Oklahoma.Total Western States- __ _ ^Vashington 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) Number of banks 1 97 79 1,276 41 35 125 174 39 24 77 26 199 740 37 20 94 14 11 5 3 184 4,975 4 1 1 6 4,981 6 10 228 4,731 6 Interest and dividends on securities U. S. Government obligations Other securities 5,120 9,672 166,862 2,346 1,847 6,149 5,697 2,450 1,193 6,002 1,261 8,043 34,988 10,067 9,133 58,765 2,974 1,701 1,047 1,300 84,987 580,156 242 1,769 38 2,049 582,205 58,733 37,228 227,267 256,928 2,049 1 139 1,856 28,275 238 311 1,064 1,143 267 189 841 178 1,837 6,068 3,246 1,681 11,892 181 132 152 327 17,611 117,471 11 199 1 211 117,682 14,369 6,506 43,938 52,658 211 Interest and discount on loans 7,884 17,299 203,992 2,402 3,443 9,288 10,010 2,717 2,204 9,028 4,237 17,938 61,267 24,396 16,057 183,330 4,873 4,477 2,238 7,107 242,478 966,087 472 2,462 64 2,998 969,085 70,360 37,852 432,073 425,802 2,998 Other service Service comcharges Service charges, Trust missions, and other charges departfees, and fees on on deposit ment collection banks' accounts and exchange loans charges 26 76 3,342 40 31 24 58 32 49 61 135 87 517 252 125 3,906 32 184 50 1,121 1,154 23,564 586 528 1,321 1,390 543 350 1,619 329 2,208 8,874 4,014 2,515 19,236 637 488 138 512 391 314 916 676 976 9,506 529 463 529 402 253 143 342 163 679 3,503 1,052 592 4,174 166 261 54 17,989 37 39 284 207 24 39 592 102 323 1,647 978 649 8,684 78 96 120 24,323 238 307 1,197 1,166 365 232 725 258 1,905 6,393 1,373 1,085 12,788 313 335 198 295 842 183 180 4,844 14,254 27,870 109,174 32 325 2 6,482 41,763 301 188 58 10,785 60,340 21 Other current earnings 5 655 16,747 109,194 126 1 21 359 547 5 177 14,275 1,645 1,046 7,941 3,622 21 109,533 4,908 1,421 46,039 56,806 359 42,310 2,514 577 16,694 21,978 547 60,345 7,770 7,665 28,543 16,362 5 109,371 6,'375 43,443 37,643 177 Total earnings from current operations 16,792 32,340 477,853 6,416 6,969 19,856 20,073 6,651 4,399 19,210 6,663 33,020 123,257 45,378 31,837 302,775 9,254 7,674 3,997 10,889 411,804 1,998,439 1,134 5,069 164 6,367 2,004,806 182,032 98,670 845,938 871,799 6,367 J Number of banks as of end of year, but figures of earnings, expenses, etc., include those banks which were in operation a part of the year but were inactive at the close of the year. TABLE NO. 14—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1949—Continued [In thousands of dollars] Current operating expenses Salaries and wages Location Employees other than officers Officers 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 MississippiLouisiana Texas-_ _ _ __ _ Arkansas Kentucky _ Tennessee _ - _ ___ Total Southern States Ohio Indiana Illinois _ Michigan Wisconsin Minnesota _ _ Iowa Missouri Total Middle Western States _ Amount Number 1 Amount Number 2 825 840 534 7,113 465 2,560 12,337 24,205 6,374 16,508 159 1,471 1,497 50,214 3,650 1,592 1,525 1,181 2,783 3,062 2,677 829 2,525 16,131 1,540 1,946 3,544 42,985 8,160 3,941 17,666 5,338 3,397 5,961 2,435 3,549 50,447 158 188 131 944 75 352 1,848 2,856 1,112 2,884 43 269 177 7,341 715 307 259 203 418 501 425 144 324 2,634 273 436 598 7,237 1,391 698 2,361 623 518 1,018 434 559 7,602 1,152 1,015 729 14,553 820 4,320 22,589 59,192 10,785 29,896 153 2,391 2,820 105,237 4,681 2,133 2,101 1,779 4,784 5,502 4,389 1,018 4,987 21,015 1,596 2,359 5,873 62,217 13,485 6,217 34,866 13,030 6,360 9,838 2,778 6,470 93,044 573 526 349 6,634 496 1,835 10,413 22,356 4,928 12,895 80 1,174 1,135 42,568 2,327 958 967 894 2,241 2,511 1,967 479 2,258 9,408 814 1,273 2,833 28,930 5,926 2,893 13,492 5,257 2,750 4,397 1,317 3,042 39,074 Fees paid to directors and mem- Interest on time bers of executive, deposits (including discount savings and deposits) advisory committees 81 80 68 392 41 145 807 1,134 710 1,612 21 162 94 3,733 260 134 69 50 162 141 116 59 166 661 103 135 126 2,182 574 229 796 234 186 306 111 156 2,592 893 522 876 4,147 211 1,581 8,230 13,736 8,223 17,821 132 1,599 652 42,163 3,523 1,439 825 463 1,420 1,649 1,835 415 1,937 4,484 475 884 3,086 22,435 8,456 3,851 17,417 6,649 3,846 4,932 1,330 1,896 48,377 Interest and discount on borrowed money 9 6 3 45 3 14 80 696 43 100 2 47 888 19 15 7 3 15 5 10 7 28 3 19 21 152 59 2 229 26 18 28 3 29 394 Taxes other than on net income 250 174 87 1,838 69 517 2,935 5,406 2,284 5,329 32 684 555 14,290 1,034 339 304 81 1,417 790 253 318 1,463 7,624 308 649 1,541 16,121 6,312 2,178 6,160 1,843 510 624 415 639 18,681 Recurring depreciation on banking house, furniture and fixtures Other current operating expenses Total current operating expenses 55 113 77 1,335 61 449 2,090 2,816 1,321 2,804 23 203 224 7,391 581 309 256 187 444 812 362 75 422 1,998 128 285 515 6,374 1,477 655 2,209 817 551 719 224 538 7,190 1,229 1,172 814 14,547 966 3,675 22,403 51,363 10,568 27,463 158 2,431 2,227 94,210 4,473 2,380 2,201 1,952 5,983 5,817 4,515 1,136 4,874 22,723 1,980 2,571 5,921 66,526 14,139 6,218 34,378 10,326 5,767 8,931 3,331 6,206 89,296 4,494 3,922 3,188 43,970 2,636 13,261 71,471 158,548 40,308 101,533 680 8,988 8,069 318,126 18,221 8,341 7,288 5,696 17,008 17,778 14,157 3,850 16,381 74,664 6,133 8,848 20,627 218,992 52,662 23,291 113,721 38,263 20,635 31,339 10,627 19,483 310,021 Net earnings from current operations 2,240 2,015 1,351 24,556 2,437 5,953 38,552 101,783 17,975 66,344 476 5,495 4,692 196,765 12,094 5,925 4,542 3,912 8,000 10,333 10,771 1,711 9,045 50,912 4,593 6,066 13,715 141,619 27,095 12,704 64,102 19,685 8,471 16,753 6,165 12,857 167,832 TABLE NO. 14—Earnings, expenses, and dividends of national banks for the year ended Dec. 31,1949—Continued [In thousands of dollars) Current operating expenses Fees paid Salaries and wages to directors and mem- Interest on time bers of Employees other executive, deposits Officers (including than officers discount savings and deposits) advisory 1 2 Number committees Amount Number Amount Location North Dakota _ _ South Dakota Nebraska. _ Kansas Montana Wyoming._ __ _ Colorado New Mexico _ Oklahoma Total Western States Washington _ __ Oregon California __ __ _ _ _ __ _ _ Utah Nevada Arizona 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) 1 2 974 Total current operating expenses 1,100 1,289 4,191 3,903 1,233 2,599 2,775 7,511 8,512 2,473 1,827 8,031 2,741 14,619 51,088 15,762 11,407 120,427 3 435 2,750 1,421 3,237 158,439 754,295 11 10 40 3 6 712 538 875 680 8,653 3,473 135 95 181 237 190 130 56 250 56,114 70 10,551 5,654 2,693 58,789 3,817 4,194 12,345 11,561 4,178 2,572 11,179 3,922 18,401 72,169 29,616 20,430 182,348 5,819 4,924 2,576 7,652 253,365 1,687 96 123 265 247 143 68 240 115 554 2,990 1,851 1,135 30,916 211,057 33,195 386,939 161,538 10,804 183,057 65,568 30,550 354,482 1,244,144 109 15 266 80 5 52 11 21 154 618 516 560 57 1,192 365 10 885 138 93 573 3,451 1,618 24 3 37 19 1 30 2 17 111 53 3,358 762 609 3,879 185 108 72 194 755 570 322 1,608 599 2,449 9,637 4,087 3,063 20,864 766 672 329 1,393 266 853 5,738 4,153 2,820 45,973 1,017 991 620 540 693 75 1,495 464 16 967 211,750 14,439 7,309 75,390 113,919 693 33,270 1,088 547 9,341 22,219 75 388,434 44,518 20,438 178,520 143,463 1,495 162,002 15,763 6,804 70,185 68,786 464 10,820 322 125 2,024 8,333 16 184,024 4,347 8,301 79,912 90,497 967 3 3 62 6 2 1 9 142 106 691 545 461 156 263 209 417 2,692 83,775 4,763 17,386 5,261 3,383 25,424 1 236 713 3,553 1,274 5,306 20,077 10,443 7,582 59,022 1,743 1,538 1,582 1,411 647 493 806 704 344 232 Net earnings from current operations Other current operating expenses 5,809 818 1,084 3,240 2,805 1,128 Number at end of period. Number of full-time and part-time employees at end of period. 521 575 Recurring depreciation on banking house, furniture and fixtures 1,216 37,688 2,282 765 403 _ 168 215 542 696 162 127 403 144 901 Taxes other than on net income 47 36 152 164 27 31 140 26 143 766 142 54 428 27 42 7 24 724 1,060 2,938 3,187 840 690 _ __ Total Pacific States 808 Interest and discount on borrowed money 7 10 103 1,687 592 209 515 371 681 3,299 1,207 6,355 23,258 8,019 5,363 39,335 1,468 1,357 554 149 116 744 4,180 2,187 65,717 3,830 3,759 29,246 28,733 149 30,666 1,286 844 11,458 16,962 116 355,226 36,041 19,259 147,785 151,397 744 1,248,324 105,375 60,244 524,850 553,675 4,180 756,482 76,657 38,426 321,088 318,124 2,187 TABLE NO. 14—Earnings, expenses, and dividends of national banks for the year ended Dec. 81, 1949—Continued [In thousands of dollars] Losses, charge-offs, and transfers to valuation reserves2 Recoveries, transfers from valuation reserves, and profits1 On securities 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 __ AlabamaMississippi__ Louisiana Texas Arkansas Kentucky Tennessee Total Southern States OhioIndiana __ _ . _ Illinois Michigan _, . Wisconsin Minnesota Iowa Missouri Total Middle Western States -_ On loans Transfers Profits on Transfers securities RecovRecovfrom from eries valuation sold or valuation eries reserves redeemed reserves 38 79 36 547 5 49 754 501 537 878 1 129 1 2,047 45 24 46 1 64 165 8 37 5 272 11 43 44 3,330 69 3,399 124 335 1,039 49 1,547 1 200 163 27 85 44 185 765 705 342 43 • 440 59 167 161 20 214 1,446 167 26 7,948 106 68 1,215 9,530^ 66 40 40 1,452 65 402 2,065 7,261 2,996 3,192 21 267 184 13,921 329 188 144 42 995 952 153 59 447 1,495 316 410 943 6,473 1,222 820 8,874 554 815 236 146 670 13,337 116 72 77 831 18 246 1,360 2,258 753 1,466 6 95 50 4,628 242 209 32 21 116 63 165 35 157 1,080 94 158 104 2,476 337 175 888 114 156 415 74 163 2,322 25 213 4 2,772 98 5 3,117 5,356 16 508 27 1 5,908 53 5 3 2 103 34 10 7 560 16 83 3 879 14 20 975 9 7 82 14 2 1,123 All other 111 164 38 3,726 19 347 4,405 5,666 726 2,677 4 92 59 9,224 225 146 110 120 229 638 531 89 370 1,518 94 107 222 4,399 402 167 4,775 543 197 273 98 1,379 7,834 On loans On securities Total recoveries, transfers Losses Transfers Losses Transfers from to to and and valuation reserves, charge- valuation charge- valuation reserves reserves offs offs and profits 356 568 195 12,658 205 1,118 15,100 21,166 5,363 9,760 32 659 295 37,275 895 572 335 184 1,406 2,121 891 230 1,149 4,952 616 845 1,501 15,697 2,484 1,251 23,900 1,385 1,410 1,167 352 3,643 35,592 128 214 125 760 12 143 1,382 1,851 1,139 2,573 5 233 24 5,825 343 252 94 56 108 247 210 121 210 1,818 189 314 1,224 5,186 805 550 2,303 972 409 172 240 731 6,182 2 40 4,556 138 4,736 1,964 265 748 64 3,041 46 20 2 139 9 529 691 140 165 320 2,061 310 312 4,945 52 15 90 228 5,952 80 189 142 281 19 28 739 1,367 284 1,065 3 94 88 2,901 244 239 42 12 85 190 420 59 84 2,491 276 231 158 4,531 299 126 719 316 145 473 79 128 2,285 269 582 213 7,305 489 1,362 10,220 26,990 2,880 8,778 23 370 616 39,657 1,263 726 716 541 1,365 729 1,686 513 537 8,948 213 838 2,359 20,434 5,047 1,648 8,146 2,865 2,100 1,753 977 1,586 24,122 All other 97 106 17 3,975 20 401 4,616 4,181 741 2,609 14 113 107 7,765 355 164 89 72 342 300 573 52 579 1,971 259 203 464 5,423 623 597 2,665 621 262 400 274 954 6,396 Total losses, charge-offs, and transfers to valuation reserves 576 1,131 497 16,877 540 2,072 21,693 36,353 5,309 15,773 45 874 835 59,189 2,251 1,381 961 683 1,900 1,605 2,889 754 1,939 15,919 1,077 1,751 4,525 37,635 7,084 3,233 18,778 4,826 2,931 2,888 1,570 3,627 44,937 TABLE NO. 14—Earnings, expenses, and dividends of national banks for the year ended Dec. 31,1949—Continued [In thousands of dollars] Recoveries, transfers from valuation reserves, and profits On loans On securities Location North Dakota South Dakota Nebraska Kansas Montana Wyoming Colorado - - Transfers Transfers Profits on securities Recovfrom from Recovvaluation sold or eries valuation eries reserves reserves redeemed 7 19 103 128 89 10 241 - 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 (central Reserve city) Chicago (central Reserve city) Other Reserve cities Country banks (member banks) Possessions (nonmember banks) 1 2 25 622 38 15 22 26 107 165 199 76 214 134 355 1,298 105 149 1,014 28 24 2 24 1,346 13,430 95 4,570 946 1,322 6,014 333 173 28 297 9,113 1,269 248 167 702 281 3 1 2 1,404 11,463 30,757 117,347 21,248 6 2 8 15 12 142 1 2 116 21 14 151 9 40,232 5,365 7,261 11,552 15,938 116 13,451 1,185 536 3,395 8,314 21 30,771 4,229 3,858 14,382 8,288 14 117,498 16,087 20,285 40,773 40,202 151 21,257 791 311 5,941 14,205 9 211 15,445 40,116 7 1 115 70 4 9 1 6,136 158 148 1,239 4,591 15,445 75 7,875 5,914 1,581 74 81 1,070 350 682 2,495 57 64 11 166 3,825 502 211 23 19 378 84 39 40 120 23 344 Total On loans On securities recoveries, transfers Losses Transfers Losses Transfers from valuation and to and to reserves, charge- valuation charge- valuation and profits reserves offs reserves offs 624 462 180 751 182 924 6,136 61 17 404 12 2 1 212 55 17 3 33 10 8 341 12 11,463 5,075 607 4,291 1,490 CO fcO Losses, charge-offs, and transfers to valuation reserves 38 44 332 301 70 58 179 16 231 1,186 418 474 1,820 232 69 14 107 3,134 53 Not including recoveries credited to valuation reserves. Not including losses charged to valuation reserves. 20 16 492 192 80 51 128 15 192 All other 1 1,292 20 71 36 525 24 24 156 316 361 114 461 215 701 433 661 878 710 578 188 726 335 Ail other 136 41 580 390 79 132 141 66 347 2 Total losses charge-offs, and transfers to valuation reserves 651 770 2 017 1,753 1,613 492 1 507 632 1,828 2,372 79 633 451 58 135 3 14 1,373 1,017 5,526 2,739 1,359 16,529 436 318 103 590 22,074 1,912 240 179 2,180 27 23 15 88 2,752 2,336 11,771 4,210 2,338 20,786 802 479 122 694 29,431 18,310 14,201 122,033 28,864 204,656 46 89 24 159 43 299 40 692 904 924 7 249 18,310 1,797 4,830 8,442 3,241 1 3 295 89 68 461 14,496 436 190 2,177 11,398 295 122,122 21,396 4,211 52,902 43,524 89 28,932 3,260 1,316 11,840 12,448 68 205,117 27,680 10,858 81,302 84,816 461 TABLE NO. 14—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1949—Continued [In thousands of dollars] Cash dividends declared Taxes on net income Profits before income taxes Location Maine New Hampshire Vermont __ _ _ _ Massachusetts Rhode Island _ __ _ Connecticut _ 2 020 1,452 1,049 20,337 2,102 4,999 _ __ Total New England States New York- _ _ New Jersey Pennsylvania Delaware Maryland District of Columbia._ __ _ __ _ _ _ _ __ Total Eastern States. Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi - Louisiana Texas _ - _ - _ Arkansas Kentucky Tennessee _- _ _ _ _ _ _ __ Total Southern States. _ Ohio Indiana - - Illinois __ __ Michigan WisconsinMinnesota — Iowa Missouri Total Middle Western States. _ __ Federal 503 378 228 3 903 718 1,218 State 36 1 331 98 177 Net profits before dividends 1 517 1,074 785 15,103 1,286 3,604 Ratios On preferred stock On common stock Total cash dividends declared 1 620 468 620 469 1 9 9 302 8,848 858 1,667 303 8,857 858 1,676 Capital accounts 1 22,740 19,795 13,759 256,241 24,118 57,643 31,959 6,948 1,642 23,369 20 12,763 12,783 394,296 86,596 18,029 60,331 463 5,280 4,152 27,608 4,094 14,985 131 1,404 1,407 3,787 55,201 13,935 45,346 332 3,876 2,745 307 35,223 3,838 21,327 177 2,095 1,388 35,530 4,159 21,331 177 2,095 1,388 1,066,818 162,890 717,555 5,648 52,048 35,470 174,851 49,629 3,787 64,048 64,680 3,019 1,170 981 3,019 1,170 981 10,738 5,116 3,916 3,413 7,506 10,849 8,773 1,187 8,255 39,945 4,132 5,160 10,691 2,331 3,061 2 619 255 2,259 12,252 1,111 1,411 2,966 119,681 35,256 22,495 10,722 69,224 16,244 6,950 15,032 4,947 12,873 5,968 2,797 15,995 4,564 1,442 3,709 1,179 2,927 158,487 38,581 3,163 1,659 1 190 979 141 450 591 121,435 7,575 3,457 2,726 2,293 5,175 7 788 5,704 932 5,996 27,693 3,021 3,749 7,725 83,834 321 4 632 967 4 1 29 5 8 13 60 197 2 69 30 2 36 349 16,527 7,925 53,229 11,680 5,499 10,533 3,768 9,597 1,148 118,758 336 9 790 967 2,387 1,980 2,150 388 1,563 12,077 984 1,351 2,821 Net profits before dividends to capital accounts Percent 6 67 5.43 5.71 5.89 5.33 6.25 5.93 Expenses to gross earnings Percent 66.74 66.06 70.24 64.17 51.96 69.02 64.96 2,040,429 5.17 8.55 6.32 5 88 7.45 7.74 5.95 60.90 69.16 60.48 58 82 62.06 63.23 61.79 83,343 38,173 29,987 21,797 56,315 78,057 61,765 12,360 58,927 306,519 27,111 42,126 83,512 9.09 9.06 9.09 10.52 9.19 9.98 9.24 7.54 10.18 9.03 11.14 8.90 9.25 60.11 58.47 61.61 59.28 68.01 63.24 56.79 69.23 64.43 59.46 57 18 59.33 60.06 9.31 60.73 7.19 8.30 9.34 8.22 6.25 8.13 8 52 10.03 66.03 64.71 63.95 66 03 70.90 65 16 63 29 60.24 8.51 64.88 2,387 1,980 2,150 384 1,562 12,048 979 1,343 2,808 31,778 31,838 899,992 6,294 2,300 18,273 5,160 2,337 4,189 1,222 3,425 6,491 2,302 18,342 5,190 2,339 4,225 1,222 3,425 229,981 95,484 569,978 142,121 88,020 129,538 44,225 95,711 43,200 43,536 1,395,058 O o W H O o F F 3 W CO CO TABLE NO. 14—Earnings, expenses, and dividends oj national banks for the year ended Dec. 31, 1949—Continued [In thousands of dollars] Location Federal __ 2,022 2,086 6,786 7,383 1,322 1,515 7,275 2,291 13,207 628 567 1,715 2,075 585 459 2,120 640 3,283 Total Western States. 43,887 12,072 12 498 10,391 105,655 2,966 2,444 1,327 2,840 North Dakota South Dakota Nebraska Kansas Montana Wyoming Colorado New Mexico.. Oklahoma _ _ - .. ._ Total Pacific States 138,121 2,592 2,237 32,029 910 806 378 987 39,939 Total United States (exclusive of possessions) 666,986 182,425 365 1,461 141 394 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) 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) _ _ _ _ Ratios Cash dividends declared Taxes on net income Profits before income taxes CO 4^ Net profits before dividends Net profits before dividends to capital accounts Expenses to gross earnings Percent Percent On common stock Total cash dividends declared 1 1 2 2 406 1,359 1,493 5,071 5,308 737 1,056 4,843 1,651 9,518 491 490 1,726 1,458 577 303 1,410 439 2,909 491 490 1,727 1,459 579 305 1,410 439 2,909 12,523 12,783 51,869 49,589 12,694 9,521 51,361 11,240 90,187 779 31,036 6 9,803 9,809 301,767 10.28 58.55 780 2,110 4 65 3,262 1,857 34,830 253 631 149 625 92,603 70,918 549,473 15,275 14,876 7,880 14,599 10 70 10.40 13.02 13.43 10 57 12.04 12.03 65 27 64.17 60.23 62.88 64 16 64.45 70.27 12.42 61.53 35 26 312 10.85 11.68 9 78 10.70 5.81 11 09 9.43 14 69 10.55 59.49 60.18 62 17 57.59 62.82 58.47 58.19 58 86 55.73 97 9 906 7,374 71,516 2,052 1,573 949 1,756 21 3 262 1,857 34,808 253 631 149 604 3,056 95,126 43 41,564 41,607 765,624 11,003 473,558 1,097 203,156 204,253 5,797,166 8.17 62.26 83 400 83 400 1,977 11,520 11.33 9.26 54.50 68.08 22 51 19 224 1 067 32 3 5 8 381 8.40 67.68 1,877 554 1,323 3 488 491 13,878 9.53 65.65 668,863 182,979 11,003 474,881 1,100 203,644 204,744 5,811,044 8.17 62.27 65,064 47,853 280,559 273,510 1,877 22,354 10,285 78,109 71,677 554 2,990 39,720 37,568 197,733 198,537 1,323 68 249 780 3 30,130 13,770 92,450 66,806 488 30,130 13,838 92,699 67,586 491 858,535 393,095 2,280,206 2,265,330 13,878 4.63 9 56 8.67 8.76 9.53 57.89 61 06 62.04 63.51 65.65 4,717 3,296 1 Represents aggregate book value of capital stock, surplus, undivided profits, reserves, and retirement fund for preferred stock. for Dec. 31, 1948, June 30, 1949, and Dec. 31, 1949. Capital accounts 1 On preferred stock State Figures are averages of amounts reported S o TABLE NO. 15—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. SI, 1949 [In thousands of dollars] District No. 1 Earnings from current operations: Interest and dividends on: U. S. Government obligations Other securities - Interest and discount on loans Service charges and other fees on banks' loans Service charges on deposit accounts Other service charges, commissions, fees and collection and exchange charges Trust department Other current earnings Total earnings from current operations Current operating expenses: Salaries and wages: Officers Employees other thanl officers Number of officers Number of employees other than officers 1 Fees paid to directors and members of executive, discount, and advisory committees Interest on time deposits (including savings deposits). Interest and discount on borrowed money... Taxes other than on net income Recurring depreciation on banking house, furniture and fixtures Other current operating expenses Total current operating expenses Net earnings from current operations District No. 2 31 783 97 069 4,447 22 211 48,332 131,512 499 2,665 6,607 14,151 District No. 3 District No. 4 District No. 5 District No. 6 District No. 7 District No. 8 District No. 10 District No. 11 District No. 12 Nonmember 39 444 10 778 51,800 427 4,954 50 753 12,340 66,818 730 6,317 28,354 3,830 45,914 305 5,278 33,321 7,589 58,788 503 8,107 107,981 17,468 116,094 2,691 14,633 20,667 5,162 38,367 293 2,879 23,500 3,813 33,241 367 4,747 31,673 5,857 57,066 429 7,617 30,624 6,365 75,677 501 6,014 84,987 17,611 242,478 4,844 27,870 2,049 547 211 2,998 21 359 Grand total 582,205 117,682 969,085 14,275 109,533 42,310 60,345 109,371 2,372 4,342 6,823 4 814 10,217 25,563 1 616 2,427 4,157 2,434 7,397 9,384 2,138 2,988 3,483 5,553 3,203 7,191 4,627 11,759 14,983 2,050 1,074 2,667 3,987 1,945 3,390 2,292 2,130 5,866 3,398 2,073 8,940 6,482 10,785 16,747 105,205 308,202 115,603 156,173 92,290 124,255 290,236 73,159 74,990 112,930 133,592 411,804 11,747 21,475 1,763 29,599 68,362 8,692 11,691 19,826 15,704 27,542 10,791 15,780 1,906 13,407 22,977 28,937 59,648 3,797 8,884 12,267 1,677 9,723 13,941 15,691 19,027 2,921 17,195 22,319 37,688 83,775 5,809 1,495 211,750 388,434 33,270 9,909 26481 23,806 6,101 30,916 m 162,002 774 1,630 1,234 565 724 16 10,820 7 762 76 2 818 20 839 721 7 175 13,027 88 3,585 5,393 63 2,519 967 149 184,024 1,687 65 717 1 971 21,530 3 813 60,335 116 744 30,666 355,226 68,153 37,052 2,340 2,578 9,179 11,588 1,576 965 7,396 755 2,113 10,671 696 1,171 13,753 1,654 21,733 2,173 24,344 5,654 58,789 189,101 43,945 48,091 66,048 79,502 253,365 4,180 1,248,324 101,135 29,214 26,899 46,882 54,090 158,439 2,187 170 447 295 76 2,713 26,642 1,740 15,475 2,371 24,567 192,474 70,781 98,293 55,993 78,398 115,728 44,822 57,880 36,297 45,857 9,975 2,343 2,624 1,151 3,250 8,110 10,707 1,650 1,310 3,117 4,368 2,866 5,372 6,311 1,470 79 1,933 709 444 1,328 596 89 742 527 149 2,009 1,292 932 5,669 Total recoveries, transfers from valuation reserves, and profits 14,819 26,014 7,541 5,894 2,868 6,655 27,379 520 269 240 50 317 403 724 1,105 13,149 2,172 18,816 779 937 676 2,828 10,028 4,758 32 7,957 9,287 47 5,046 476 485 8,922 693 7,468 41 1,509 15,574 97 9,056 1 014 6,541 6,367 2,004,806 56,114 70 10,551 29,745 263 9,912 4,013 55,349 3,382 1,908 734 1,771 5 177 4,699 98 2,470 8,391 91 2,970 Recoveries, transfers from valuation reserves, and profits: On securities: Recoveries Transfers from valuation reserves Profits on securities sold or redeemed On loans: Recoveries Transfers from valuation reserves All other District No. 9 669 756,482 624 912 272 172 420 1,409 1,545 3,134 116 322 194 1,581 697 111 389 1,122 321 1,057 1,173 560 1,545 1,346 95 3,825 21 14 13,451 11,463 30,771 4,364 1,988 5,445 5,267 9,113 151 117,498 502 211 6 136 15 445 40,232 TABLE NO. 15—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31,1949—Continued CO O [In thousands of dollars] District No. 1 Losses, charge-offs, and transfers to valuation reserves: On securities: Losses and charge-offs Transfers to valuation reserves On loans: Losses and charge-offs Transfers to valuation reserves _ All other Total losses, charge-offs, and transfers to valuation reserves Profits before income taxes.. Taxes on net income: Federal State Total taxes on net income.. District No. 2 District No. 3 District No. 4 District No. 5 District No. 6 District No. 7 District No. 8 District No. 9 District No. 10 District No. 11 District No. 12 1,315 4,600 2,796 2,365 2,287 187 1,520 873 991 132 1,291 798 3,703 5,268 2,208 412 391 687 1,465 270 1,877 890 1,404 1,828 734 9,971 4,458 1,580 29,254 4,877 904 6,833 1,798 744 8,092 1,777 692 4,232 887 5,981 1,940 1,121 14,707 4,213 664 3,61 1,390 934 :,724 1,956 4,310 1,907 2,612 9,237 2,169 1,373 22,074 2,752 Nonmember Grand total 21,257 18,310 295 14,496 122,122 28,932 205,117 21,078 40,872 12,009 13,006 6,934 10,897 29,012 8,292 6,432 9,908 16,785 29,431 461 30,793 100,870 40,354 50,768 32,231 41,615 9,502 25,286 22,455 42,419 42,572 138,121 1,877 6,577 1,600 30,872 3,829 10,202 12,891 9,704 141 11,9 450 23,907 2 6,319 241 5,960 858 11,200 818 12,863 8 39,939 3,056 554 182,979 11,003 8,177 34,701 10,202 12,8 9,845 12,441 23,909 6,560 6,818 12,018 12,871 42,995 554 193,982 Net profits before dividends 22,616 66,169 30,152 37,877 22,386 29,174 75,593 18,726 15,637 30,401 29,701 95,126 1,323 474,881 Cash dividends declared: On preferred stock. _. On common stock 11 12,483 507 38,163 134 14,047 197 15,687 9,538 18 9,771 102 27,436 14 6,703 38 i,276 4 8,900 29 12,588 43 41,564 12,494 38,670 14,181 15,884 9,538 27,538 6,717 >,314 8,904 12,617 41,607 40 467 468 4,450 241 37 405 332 343 4 2,672 189 308 231 620 790 559 22 2,030 374 !,855 329 1,640 1,380 396 2,486 825 10 1,336 1,085 1,905 1,005 159 6,516 3,400 25 1,193 612 103 2,310 2,477 3,132 3,748 957 11,878 23,432 Total cash dividends declared.. Memoranda items: Recoveries credited to valuation reserves (not included in recoveries above): On securities On loans Losses charged to valuation reserves (not included in losses above): On securities On loans Stock dividends (increases in capital stock)._ Number of banks 1 Loans. Securities Capital stock (par value) Capital accounts 2,770 614 564 325 47 554 340 281 347 627 285 184 525 1,233,819 4,102,243 1,154,222 1 ,692,372 994,427 1,312, 990 3 ,213,131 926,508 761,521 1,240,994 ,678,063 5,059,615 ,909,055 2,446,349 7 ,799,209 1,492,600 1,644,847 2,402,621 2,198,169 6,216,347 162/882 7 ,304,357 2,570,035 ,585,1 80,023 100,420 296,426 61,720 56,452 93,009 118,892 267,630 117,912 365,283 127,749 194,286 382,750 1,196,415 433,836 587,901 256,806 306,083 868,741 195,066 185,218 296,110 322,616 765,624 1,100 203,644 491 204,744 1,380 12,832 67 2,338 44,986 86,964 6 4,981 71,737 23 ,441,642 123,429 41 ,855,299 4,550 1,884,352 13,878 5,811,044 Ratios: To gross earnings: Interest and dividends on securities Interest and discount on loans Service charges on deposit accounts All other current earnings Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent 43.22 33.23 27.69 24.91 34.44 38.70 32.92 35.30 36.42 35.49 34.91 43.44 34.87 40.40 40.00 50.53 56.65 58.88 45.94 42.67 47.31 52.44 44.33 49.75 47.09 48.34 44.81 42.78 5.04 6.75 4.50 6.77 6.28 4.59 6.53 3.94 6.33 5.72 5.64 5.46 4.29 4.05 11.74 9.49 11.16 9.44 13.34 14.04 13.24 8.32 12.92 9.66 7.46 12.77 11.78 11.29 Total gross earnings 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 Salaries, wages and fees Interest on time deposits All other current expenses 32.31 7.38 25.09 32.31 6.76 23.38 28.63 11.27 21.33 28.31 9.97 24.66 29.61 9.09 21.97 29.84 7.47 25.78 30.95 10.25 23.96 29.69 7.37 23.01 32.20 9.96 21.97 31.34 4.16 22.99 30.12 3.56 25.83 29.67 13.63 18.23 34.61 15.19 15.85 30.48 9.18 22.61 gj hi j | Total current expenses a 64.78 62.45 61.23 62.94 60.67 63.09 65.16 60.07 64.13 58.49 59.51 61.53 65.65 62.27 __ 35.22 37.55 38.77 37.06 39.33 36.91 34.84 39.93 35.87 41.51 40.49 38.47 34.35 37.73 O To loans: Interest and discount on loans To securities: Interest and dividends on securities To capital stock (par value): Net current earnings -Net profits before dividends Cash dividends To capital accounts: Net current earnings Net profits before dividends _ _. Cash dividends 3.92 3.21 4.49 3.95 4.62 4.48 3.61 4.14 4.37 4.60 4.51 4.79 4.18 4.13 tq Net current earnings - 1.68 1.63 1.95 1.76 1.69 1.67 1.61 1.73 1.66 1.56 1.68 1.65 1.83 1.67 H 31.42 19.18 10.60 31.68 18.11 10.59 35.09 23.60 11.10 29.79 19.50 8.18 45.36 27.97 11.92 45.67 29.05 9.75 34.12 25.50 9.29 47.33 30.34 10.88 47.65 27.70 11.18 50.41 32.69 9.57 45.50 24.98 10.61 59.20 35.54 15.55 48.07 29.08 10.79 40.15 25.20 10.87 g ^ § 9.68 5.91 3.26 9.67 5.53 3.23 10.33 6.95 3.27 9.85 6.44 2.70 14.13 8.72 3.71 14.98 9.53 3.20 11.64 8.70 3.17 14.98 9.60 3.44 14.52 8.44 3.41 15.83 10.27 3.01 16.77 9.21 3.91 20.69 12.42 5.43 15.76 9.53 3.54 13.02 8.17 3.52 ft O K 1 Number at end of year. Remainingfiguresinclude earnings, expenses, etc., of those banks which were in operation a part of the year but were inactive at the close of the year. NOTE:—Thefiguresof loans, securities, capital stock, and capital accounts are averages of amounts reported for Dec. 31, 1948, June 30, 1949, and Dec. 31, 1949. CO TABLE NO. 16—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1949 CD 00 TOTAL UNITED STATES AND POSSESSIONS [In thousands of dollars] Banks operating throughout entire year with deposits on Dec. 31, 1949, of— $500,000 $500 ,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $10,000,001 $25,000,001 $50,000,001 $100,000,001 $500,000,001 and to to to to to and to under $750,000 $1,000,000 $2 ,000,000 $5,000,000 $10,000,000 $25 ,000,000 $50,000,000 $1001,000,000 $500,,000,000 over 42 Number of banks 17,357 Total deposits 1,272 Capital stock (par value). 2,582 Capital accounts Earnings from current operations: Interest and dividends on: 118 U.S. Government obligations 27 Other securities 446 Interest and discount on loans 4 Service charges and other fees on banks' loans.. Service charges on deposit accounts 36 Other service charges, commissions, fees, and 22 collection and exchange charges Trust department -Other current earnings Total earnings from current operations Current operating expenses: Salaries and wages: 181 Officers 47 Employees other than officers..- -. Fees paid to directors and members of executive, discount, and advisory committees _— Interest on time deposits (including savings Interest and discount on borrowed money Taxes other than on net income Recurring depreciation on banking house, furniture and fixtures Other current operating expenses Total current operating expenses Net earnings from current operations Recoveries, transfers from valuation reserves, and profits: On securities: Recoveries Transfers from valuation reserves Profits on securities sold or redeemed On loans: Recoveries Transfers from valuation reserves 8 121 417 131 84,309 4,513 10,353 181 1,801 926 160,171 1,410,776 5,884,130 7,230 46,703 152,621 17,534 134,669 478,047 915 6,444,515 143,506 474,230 570 1,668,449 190,495 591,483 188 i, 376,148 129,008 392,646 94 ,734,538 139,840 418,349 19,699,375 389,284 1,254,977 Total 4,963 16 27,817,253 83,297,021 709,513 1,913,985 2,155,212 5,930,082 1,453 270 2,926 13 326 12,032 2,447 24,921 149 2,617 49,028 10,947 88,732 540 10,319 52,014 11,908 88,640 1,014 12,399 68,261 13,652 106,488 807 16,382 46,713 9,078 72,142 1,074 11,450 46,673 7,567 67,582 1,027 9,510 128,252 19,476 201,402 2,262 18,822 174,715 41,745 309,411 7,294 26,976 579,948 117,270 964,540 14,196 109,011 101 169 63 3,042 142 5,26 1,537 68 1,103 44,874 4,895 589 4,821 169,871 4,658 1,523 6,052 178,208 5,146 5,194 10,422 226,352 3,742 4,152 9,054 157,405 3,609 5,908 9,661 151,537 9,626 19,142 24,277 423,259 8,660 23,686 43,502 635,989 42,165 60,262 109,109 1,996,501 730 243 1,110 439 4,441 27,364 21,180 23,930 27,099 27,035 40,735 17,110 31,580 16,484 32,371 39,822 93,190 48,478 135,348 210,743 386,673 1,959 1,840 870 711 1,300 747 10,776 229 4 90 446 6 167 4,285 30 1,330 18,595 92 5,396 19,671 68 5,781 24,922 90 14,691 93 5,258 12,398 94 5,245 28,741 341 16,391 58,881 862 18,292 182,886 1,680 65,539 3,244 2,055 840 7,079 27,218 17,656 3,337 26,562 105,012 64,859 3,388 29,420 111,316 66,892 4,277 39,595 146,062 80,290 2,865 31,135 103,602 53,803 2,989 30,887 101,179 50,358 6,542 85,601 271,928 151,331 6,165 101,681 370,454 265,535 30,569 353,474 1,242,340 754,161 2,073 1,517 245 2,529 1,324 344 4,066 558 514 4,319 538 161 3,567 674 2,862 8,010 430 11,206 14,552 5,905 15,445 39,588 2,086 373 1,668 429 2,045 310 319 904 413 2,102 2,815 2,736 6,705 13,330 11,399 153 1,850 12 174 62 494 1,908 1,134 60 108 164 15 607 35 Allother Total recoveries, transfers from reserves, and profits - Losses, charge-offs, and transfers to valuation reserves: On securities: Losses and charge-off s Transfers to valuation reserves On loans: Losses and charge-offs -Transfers to valuation reserves _ Allother Total losses, charge-offs, and transfers to valuation reserves Profits before income taxes Taxes on net income: Federal . State Total taxes on net income 6 20 35 226 1,244 1,235 2,445 2,090 1,088 6,583 14,809 29,781 26 132 211 1,427 6,560 7,623 10,534 8,780 6,671 23,046 50,438 115,448 5 20 71 2 615 57 2,632 300 3,706 527 3,436 934 2,733 805 1,922 538 3,874 3,061 1,912 12,086 20,926 18,310 36 2 5 151 29 31 252 70 54 1,402 965 527 3,791 5,794 2,326 2,442 8,291 2,757 1,905 12,442 3,099 1,347 9,527 2,969 524 9,180 2,013 1,647 27,439 5,654 785 46,907 9,166 14,282 120,646 28,601 valuation ..- _._ -. Net profits before dividends Cash dividends declared: On preferred stock On common stock __. Total cash dividends declared 48 231 449 3,566 14,843 17,723 21,816 17,381 14,177 41,675 70,856 202,765 226 1,035 1,817 15,517 56,576 56,792 69,008 45,202 42,852 132,702 245,117 666,844 38 3 41 173 12 185 309 20 329 2,870 203 3,073 12,412 635 13,047 15,281 613 15.894 19,335 884 20,219 13,579 387 13,966 12,485 580 13,065 37,343 2,403 39,746 68,505 5,221 73,726 182,330 10,961 193,291 185 850 1,488 12,444 43,529 40,898 48,789 31,236 29,787 92,956 171,391 473,553 61 61 3 264 267 3 427 430 16 3,735 3,751 108 13,469 13,577 96 13,072 13,168 284 16,825 17,109 48 11,155 11,203 275 11,516 11,791 248 41,090 41,338 91,745 91,745 1,081 203,359 204,440 4 9 101 32 579 39 914 14 1,022 13 737 25 957 822 1,805 435 6,642 1,380 12,770 20 2 39 30 15 438 297 72 2,362 2,327 133 3,646 2,622 18 3,986 3,696 43 2,676 3,310 61 3,513 2,085 340 8,508 4,618 1,654 18,810 67,829 2,338 43,998 86,814 16 10 6 4 23 14 9 6 29 18 11 8 48 29 19 13 94 58 36 24 195 122 73 45 397 256 141 86 837 551 286 166 1,612 1,076 536 317 4,275 2,747 1,528 939 39,749 23,153 16,596 10,712 402 250 152 95 $1.43 1.07 $1.35 1.01 $1.28 .93 $1.25 .88 $1.10 .74 $1.04 .63 9.60 7.16 2.36 10.95 8.21 2.58 296 205 11.72 8.49 2.45 13.11 9.24 2.79 13.57 9.11 2.84 14.11 8.62 2.78 13.57 8.25 2.89 13.70 7.96 2.85 12.04 7.12 2.82 12.06 7.41 3.29 12.32 7.95 4.26 12.72 7.99 3.45 424 361 2,530 2,842 6,648 11,555 4,691 13,287 4,230 18,920 2,263 14,240 2,022 14,203 4,503 37,998 5,507 48,207 33,209 161,863 Memoranda items: Recoveries credited to valuation reserves (not included in recoveries above): On securities On loans Losses charged to valuation reserves (not included in losses above): On securities _ On loans Stock dividends (increases in capital stock). . . . Average per bank: Gross earnings from current operations Current operating expenses Net earnings from current operations Net profits before dividends Per $100 of deposits: Net earnings from current operations Net profits before dividends Per $100 of capital accounts: Net earnings from current operations Net profits before dividends Cash dividends Number of officers at end of period Number of employees other than officers at end of period 95 45 $ .93 .56 $ .84 .49 $ .75 .44 $ .77 .47 $ .95 .62 $ .91 .57 NOTE:—The deposits, capital stock, and capital accounts shown in this table are as of end of period. Capital accounts represents the aggregate book value of capital stock, surplus, undivided profits, reserves and retirement fund for preferred stock. 100 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 17—Earnings, expenses, and dividends of national banks, years ended Dec. SI, 1947-1949 [In thousands of dollars] Number of banks 1 Capital stock, par2 value 2 Capital accounts Earnings from current operations: Interest and dividends on: U. S. Government obligations Other securities Interest and discount on loans Service charges and other fees on banks' loans Service charges on deposit accounts Other service charges, commissions, fees, and collection and exchange charges Trust department Other current earnings Total earnings from current operations.. Current operating expenses: Salaries and wages: OfficersEmployees other thanl officers Number of officers Number of employees other than officers 1 _ . Fees paid to directors and members of executive, discount, and advisory committees Interest on time deposits (including savings deposits) Interest and discount on borrowed money Taxes other than on net income Recurring depreciation on banking house, furniture and fixtures Other current operating expenses Total current operating expenses Net earnings from current operations Recoveries, transfers from valuation reserves, and profits: On securities: Recoveries Transfers from valuation reserves Profits on securities sold or redeemed On loans: Recoveries . Transfers from valuation reserves Allother Total recoveries, transfers from valuation reserves, and profits Losses, charge-offs, and transfers to valuation reserves: On securities: Losses and charge-offs Transfers to valuation reserves On loans: Losses and charge-offs Transfers to valuation reserves Allother Total losses, charge-offs, and transfers to valuation reserves 1947 1948 1949 5,011 4,997 4,981 1,769,205 5,293,267 1,804,490 5,545,993 1,884,352 5,811,044 Amount Percent to total 620,531 105,120 706,319 9,943 83,342 35.98 6.09 40.95 .58 4.83 578,669 110,901 890,628 11,759 97,682 43,323 55,063 101,193 2.51 3.19 5.87 43,435 59,383 108,014 1,724,834 178,354 333,143 100.00 1,900,471 582,205 117,682 969,085 14,275 109,533 29.04 5.87 48.34 .71 5.46 2.29 3.12 5.68 42,310 60,345 109,371 2.11 3.01 5.46 100.00 2,004,806 100.00 16.68 31.09 211,750 388,434 33,270 16.96 31.12 9,182 163,286 1,354 59,071 .85 15.11 .13 5.47 10,008 175,507 1,814 61,328 .84 14.82 .15 5.18 10,820 184,024 1,687 65,717 .87 14.74 .13 5.26 24,146 312,204 2.23 28.89 27,669 342,305 2.34 30,666 28.90 355,226 100.00 1,248,324 2.46 28.46 155,654 1,080,740 100.00 1,184,386 644,094 716,085 756,482 25, 571 61, 421 15 92 38 24 19,682 11,296 37,491 12.19 7.00 23.22 6,136 15,445 40,232 5.22 13.14 34.24 43, 629 29, 991 27 17 18 67 24,614 23,941 44,455 15.24 14.82 27.53 13,451 11,463 30,771 11.45 9.76 26.19 160,612 100.00 161,479 100.00 117,498 100.00 69,785 41.30* 46,616 23,555 16.80 8.49 21,257 18,310 10.36 8.93 73,542 25,639 19,633 43.53* 160,644 15.17 26,995 7.08 57.90 9.73 14,496 122,122 28,932 7.07 59.54 14.10 100.00 205,117 100.00 168,966 100.00 277,443 600,121 Taxes on net income: Federal State 172,614 10,143 166,693 9,671 30.45 5.84 46.86 .62 5.14 197,575 368,180 32,503 159,941 635,740 Total taxes on net income. Percent to total 16.50 30.82 Profits before income taxes. Net profits before dividends Amount 182,979 11,003 182,757 176,364 193,982 452,983 423,757 474,881 101 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 17—Earnings, expenses, and dividends of national banks, years ended Dec. 31,'1947-1949—Continued [In thousands of dollars] 1947 1948 1949 Amount Percent to total Amount Percent to total 1,372 182,147 1,304 192,603 1,100 203,644 183,519 193,907 204,744 (3) (3) 5,582 6,519 1,380 12,832 (3) (3) 23,450 8,753 30,849 36,691 2,338 44,986 86,964 Amount Cash dividends declared: On preferred stock On common stock Total cash dividends declared Memoranda items: Recoveries credited to valuation reserves (not included in recoveries above): On securities On loans _ _ _ _ Losses charged to valuation reserves (not included in losses above): On securities On loans - - - Stock dividends (increases in capital stock) Ratios to gross earnings: Salaries, wages, and fees Interest on time deposits All other current expenses Total current expenses Net current earnings Ratio of cash dividends to capital stock (par value) Ratio of cash dividends to capital accounts Percent to total Percent 30.19 9.47 23.00 Percent 30.30 9.23 22.79 Percent 30.48 9.18 22.61 62.66 62.32 62.27 37.34 37 68 37.73 10.37 3.47 10.75 3 50 10.87 3.52 1 Number at end of period. Remaining figures include earnings, expenses, etc., of those banks which were in operation a part of the year but were inactive at the close of the year. 2 Figures are averages of amounts reported for the June and December call dates in the year indicated and the December call3 date in the previous year. Not available. NOTE:—Earnings and dividends figures for 1869 to 1937 were published for the years ended August 31 or June 30 and appear in the table beginning on page 96 of the Comptroller's Annual Report for 1937. Similar figures for 1938 through 1941 appear in Table 26 on page 136 of the 1941 report. Calendar year figures are available, beginning with the year 1917, and are published in the Comptroller's reports as follows: 1938, p. 100; 1940, p. 17; 1942, p. 34; 1943, p. 30, and' 1946, p. 98. TABLE NO. 18—Number of national banks, capital stock, capital funds, net profits, dividends, and ratios, years ended Dec. 81,1929-49 [In thousands of dollars. Figures for previous years published in report for 1938, p . 115] Capital stock (par value)1 Number of banks 1929 1930... 1931 1932 1933 . . . 1934 1935 1936... 1937 1938 1939 1940 1941 1942... 1943 1944 1945 1946 1947 1948.. 1949 1 2 s . . 7,408 7,038 6 373 6,016 8 5,159 8 5,467 . . 5,892 5,331 5,266 5,230 5,193 5,150 5,123 5,087 5,046 5,031 5,023 5,013 5,011 4,997 4,981 Preferred 92,469 349,470 510,511 447,501 305,842 267,495 241,075 204,244 182,056 156,739 135,713 110,597 80,672 53,202 32,529 25,128 20,979 Common 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 1,341,398 1,354,384 1,372,457 1,440,519 1,536,212 1,646,631 1,736,676 1,779,362 1,863,373 Averages of amounts from reports of condition made in each year. Deficit, Licensed banks, i. e., those operating on an unrestricted basis. Total 1.650.574 1,724,028 1,680 780 1,597,037 1,600,303 L,709,043 1,791,324 1,706,528 1,591,788 1,577,738 1,561,521 1,532,315 1,523,454 ,511,123 L, 508,170 ,551,116 ,616,884 ,699,833 ,769,205 ,804,490 L,884,352 Cash di vidends Capital accounts1 3,754 398 3,919,950 3 753 412 3,323,536 2,981,678 2,982,008 3,084,092 3,143,029 3,026,194 3,281,819 3,380,749 3,463,862 3,596,865 3,684,882 3,860,443 4,114,972 4,467,718 4,893,038 5,293,267 5,545,993 5,811,044 Net profits before dividends 291,944 158,411 2 54 550 2 164,737 2 286,116 2 153,451 158,491 313,826 228,021 198,649 251,576 241,465 269,295 243,343 350,457 411,844 490,133 494,898 452,983 423,757 474,881 On preferred stock 558 10,103 18,862 18,166 11,532 9,378 8,911 8,175 7,816 6,683 6,158 5,296 4,131 2,427 1,372 1,304 1,100 On common stock 226,662 211,272 193,196 135,381 71,106 80,915 94,377 101,850 110,231 113,347 122,267 125,174 124,805 121,177 125,357 139,012 151,525 167,702 182,147 192,603 203,644 Ratios Cash divi- Cash dividends on dends on preferred common stock to stock to preferred common capital capital Percent .60 2 89 3.69 4 06 3.77 3.51 3 70 4.00 4.29 4 26 4.54 4.79 5 12 4.56 4 22 5.19 5.24 Percent 13 73 12.25 11 49 8 48 4.72 5 95 7.37 8 09 8.57 8.65 9 26 9.43 9.30 8 95 9.13 9.65 9 86 10.18 10 49 10.82 10.93 Net profits before dividends Total cash dividends to capital accounts To capital To capital stock accounts Percent 6 04 5.39 5 15 4.07 2.40 3 05 3.67 3 82 3.80 3.74 3 88 3.85 3.69 3.47 3.41 3.51 3.48 3.48 3 47 3.50 3.52 Percent 17.69 9.19 2 3.25 2 10.32 2 17.88 2 8.98 8.85 18.39 14.32 12.59 16.11 15.76 17.68 16.10 23.24 26.55 30.31 29.11 25.60 23.48 25.20 Percent 7.78 4.04 2 1.45 22 4.96 9.60 2 5.15 5.14 9.98 7.11 6.05 7.44 6.97 7.49 6.60 9.08 10.01 10.97 10.11 8.56 7.64 8.17 SI H o a w 1 a REPORT OF THE COMPTROLLER OF THE CURRENCY 103 TABLE NO. 19—Total loans of national banks, losses and recoveries on loans, and ratio of net losses or recoveries to loans, by calendar years 1930-49 [In thousands of dollars] Year 1930 1931 _ 1932 1933 . 1934 1935 1936-. __ 1937 1938 1939 ___ 1940 1941 1942_ _ _ _ 1943 1944 1945_ _ _ _ _ _ _ _ _ 1946 1947 1948 1949 . _ Average for 1930-49 1 2 Net losses or recoveries ( + ) Total loans end of year Losses and charge-offs 14,369,427 11,926,828 9,847,724 8,104,209 7,491,967 7,508,784 8,271,210 8,813,547 8,489,120 9,043,632 10,027,773 11,751,792 10,200,798 10,133,532 11,497,802 13,948,042 17,309,767 21,480,457 23,818,513 23,928,293 135,294 212,770 261,567 305,234 299,189 160,121 154,614 71,844 80,290 67,171 58,249 51,989 43,134 43,101 41,039 29,652 44,520 73,542 1 50,482 1 59,482 16 124 16,679 17,490 18,851 32,045 47,375 69,658 50,342 32,152 39,927 36,751 43,658 40,659 52,900 50,348 37,392 41,313 43,629 2 31,133 2 26,283 119 170 196,091 244,077 286,383 267,144 112,746 84,956 21,502 48,138 27,244 21,498 8,331 2,475 +9,799 +9,309 + 7,740 3,207 29,913 19,349 33,199 12,398,161 112,164 37,235 74,929 Recoveries Ratio of losses (or recoveries + ) to loans Percent 83 1.64 2.48 3.53 3.57 1.50 1.03 .24 .57 .30 .21 .07 .02 + .10 + .08 + .06 .02 .14 .08 .14 .60 Excludes transfers to valuation reserves. Excludes transfers from valuation reserves. TABLE NO. 20—Total securities of national banks, losses and recoveries on securities, and ratio of net losses or recoveries to securities, by calendar years 1930-49 [In thousands of dollars] Year 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 __ __ __ __ __ _ _ __ _ _ ___ _ _ _ _ Average for 1930-49 1 2 3 __ __ ._ Total securities end of year Losses and charge-offs 7,092,066 7,201,425 7,583,436 7,870,772 10,455,932 11,477,536 12,780,044 11,763,004 12,459,193 12,811,576 13,668,040 15,887,508 27,482,788 37,504,253 47,022,329 55,611,609 46,642,816 44,009,966 40,228,353 44,207,750 71,399 184,305 184,797 244,924 206,740 116,309 91,764 92,343 115,281 109,378 107,960 92,134 73,253 66,008 67,574 74,627 74,620 69,785 2 55,369 2 23,595 6,801 9,924 29,393 1 51,050 1 120,096 1 180,545 120,534 33,777 33,453 33,631 40,993 48,157 36,170 59,652 50,302 54,153 33,816 25,571 8 25,264 3 7,516 23,688,020 106,108 50,040 Includes profits on securities sold. Excludes transfers to valuation reserves. Includes transfers from valuation reserves. Net losses or Ratio of losses (or (+) + ) to securities 64,598 174,381 155,404 193,874 86,644 +64,236 +28,770 58,566 81,828 75,747 66,967 43,977 37,083 6,356 17,272 20,474 40,804 44,214 30,105 16,079 56,068 Percent .91 2.42 2.05 2.46 .83 + .56 + .23 .50 .66 .59 .49 .28 .13 .02 .04 .04 .09 .10 .07 .04 .24 104 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 21.—Foreign branches of American national banks, Dec. 81, 1949 BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, SAN FRANCISCO, CALIF. : China: Shanghai. England: London,, Japan: Kobe. Tokyo. Yokohama. Philippines: Manila. Thailand: Bangkok. FIRST NATIONAL BANK OF BOSTON, MASS. : Argentina: Avenaneda. Buenos Aires. Buenos Aires (Alsina). Buenos Aires (Constitucion). Buenos Aires (Once). Rosario. Brazil: Rio de Janeiro. Santos. Sao Paulo. Cuba: Cienfuegos. Havana. Havana (Avenida de Italia). Havana (Avenida Maximo Gomez). Sancti Spiritus. Santiago de Cuba. CHASE NATIONAL BANK OF NEW YORK, N. Y.: Canal Zone: Balboa. Cristobal. Cuba: Havana. England: London (Berkley Square). London (Bush House, Aldwych). London (Lombard). Germany: Frankfurt am Main. Heidelberg. Stuttgart. Japan: Osaka. Tokyo. Panama: Colon. Panama City. Puerto Rico: San Juan. NATIONAL CITY BANK OF NEW YORK, N. Y.: NATIONAL CITY BANK OF NEW YORK, N. Y.—Cont. Brazil: Pernambuco (Recife). Porto Alegre. Rio de Janeiro. Santos. Sao Paulo. Canal Zone: Balboa. Cristobal. Chile: Santiago. Valparaiso. China: Shanghai. Colombia: Barranquilla. Bogota. Medellin. Cuba: Caibarien. Cardenas. Havana. Havana (Cuatro Caminos). Havana (Galiano). Havana (La Lonja). Manzanillo. Mantanzas. Santiago de Cuba. England: London. London (West End). Hong Kong: Hong Kong. India: Bombay. Calcutta. Japan: Osaka. Tokyo. Yokohama. Mexico: Mexico City. Panama: Panama City. Peru: Lima. Philippines: Cebu. Clark Field. Manila. Manila (Port Area Branch). Puerto Rico: Arecibo. Bayamon. Caguas. Mayaguez. Ponce. San Juan. Singapore: Singapore. Uruguay: Argentina: Montevideo. Buenos Aires. Buenos Aires (Flores). Venezuela: Buenos Aires (Plaza Once). Rosario. Caracas, NOTE.—Consolidated statement of the assets and liabilities of the above-named branches as of Dec. 31, 1949, appears in the following table. REPORT OF THE COMPTROLLER OF THE CURRENCY 105 TABLE NO. 22—Consolidated statement of assets and liabilities of foreign branches of national banks, Dec. 81,1949 [In thousands of dollars] Number of branches 86 ASSETS Loans and discounts, including overdrafts Securities Currency and coin 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 392,078 113,249 134,439 197,298 398,431 5,095 24,425 14,336 1,279,351 LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations Deposits of U. S. Government State and municipal deposits Deposits of banks Other deposits (certified and cashiers' checks, etc.) Total deposits 748,413 143,486 101,165 16,044 70,957 26,963 1,107,028 Due to home office and branches Bills payable and rediscounts Acceptances executed by or for account of reporting branches and outstanding Other liabilities Total liabilities 102,660 28,424 24,428 16,134 1,278,674 CAPITAL ACCOUNTS Undivided profits, including reserve accounts Total liabilities and capital accounts NOTE—For location of foreign branches see preceding table. 677 1,279,351 106 REPORT OF T H E COMPTROLLER OF T H E CURRENCY TABLE NO. 23—Assets and liabilities o] banks in the District oj Columbia, by classes, Dec. 81, 1949 [In thousands of dollars] Total all banks National banks 19 Number of banks _ Nonnational banks 10 ASSETS Loans and discounts: Commercial and industrial loans, including open-market paper- _ Loans to farmers directly guaranteed by the Commodity Credit Corporation Other loans to farmers Loans to brokers and dealers in securities Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities Real-estate loans: Secured by farm land (including improvements) Secured by residential properties (other than farm) Secured by other properties Other loans to individuals (consumer loans) Loans to banks All other loans Overdrafts... Total gross loans Less valuation reservesNet loans 93,438 61,946 15 1,514 15 486 2,031 45 29,386 14,587 33,742 3,323 118 68,747 29,326 76,638 14,317 53 31,492 1,028 1,292 73 39,361 14,739 42,896 287,489 2,090 5,158 27 147,423 1,441 140,066 649 285,399 145,982 139,417 9,159 26 Securities: U. S. Government obligations, direct and guaranteed: Direct obligations: Treasury bills Treasury certificates of indebtedness Treasury notes United States nonmarketable bonds (savings, investment series A-1965, and depositary bonds) Other bonds maturing in 5 years or less Other bonds maturing in 5 to 10 years Other bonds maturing in 10 to 20 years Bonds maturing after 20 years 46,891 99,358 46,170 24,444 82,498 31,243 22,447 16,860 14,927 27,872 205,264 52,920 6,083 6,529 13,142 127,151 35,467 2,850 2,464 14,730 78,113 17,453 3,233 4,065 Total Obligations guaranteed by U. S. Government (Federal Housing Administration debentures) 491,087 7 319,259 171,828 491,094 5,965 35,977 1,723 319,259 1,916 23,527 835 171,835 4,049 12,450 888 534,759 345,537 189,222 44,970 52,161 1 30 20,515 27,255 35,953 1 23 11,591 16,208 158,203 100,136 58,067 275,880 15,912 254 174,959 7,152 79 100,921 1,300 1,105 1,050 386 422 719 628 1,115,659 674,517 441,142 Total ---_ Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks, including stock of Federal Reserve bank Total securities 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 United States Balances with banks in foreign countries Currency and coin Reserve with Federal Reserve bank and approved reserve agencies Total cash, balances with other banks, etc.. 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- 17,715 7 8,924 8,760 175 1,300 107 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 23—Assets and liabilities of banks in the District of Columbia, by classes, Dec. 31, 1949—Continued [In thousands of dollars] Total all banks National banks 733,334 20,124 118 52,055 3,188 463,091 13,136 110 43,663 2,955 Nonnational banks LIABILITIES Demand deposits: Individuals, partnerships, and corporations _ U. S. Government States and political subdivisions Banks in United States Banks in foreign countries _ Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to Federal Reserve bank and agents (transit account) Total demand deposits. Time deposits: Individuals, partnerships, and corporationsU. S. Government Postal savings.___ States and political subdivisions Banks in United States Banks in foreign countries Total time deposits. Total 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 . 270,243 6,988 8 8,392 233 17,882 12,287 5,595 826,701 535,242 291,459 206,305 3,750 1,025 98,533 500 1,025 107,772 3,250 211,080 100,058 1,037,781 635,300 1,867 3,498 1,751 441 1,877 856 1,426 1,621 895 1,044,897 638,474 406,423 21,050 35,075 12,036 2,601 11,400 16,500 7,082 1,061 9,650 18,575 4,954 1,540 CAPITAL ACCOUNTS Capital stock (see memoranda below) Surplus Undivided profits Reserves 70,762 36,043 34,719 1,115,659 674,517 441,142 Par value of common capital stock 21,050 11,400 9,650 Assets pledged or assigned to secure liabilities and for other purposes (including notes and bills rediscounted and securities sold with agreement to repurchase) 66,929 36,042 30,887 Total capital accounts Total liabilities and capital accounts _ MEMORANDA 108 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 24—Assets and liabilities of all banks in the District of Columbia at date of each call during the year ended Dec. 31,1949 [In thousands of dollars] Loans and discounts (including overdrafts)U. S. Government securities, direct obligations Obligations guaranteed by U. 8. Government Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks, including stock of Federal Reserve 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. _. Income earned or accrued but not collected Other assets Total assets _ Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations Postal savings deposits Deposits of U. S. Government Deposits of States and political subdivisions Deposits of banks Other deposits (certified and cashiers' checks, etc.). Total deposits Demand deposits Time deposits Bills payable, rediscounts, and other liabilities for borrowed money Mortgages or other liens on bank premises and other real estate Acceptances executed by or for account of reporting banks and outstanding Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 19 banks 19 banks 19 banks 19 banks 270,481 464,744 3,047 38,716 269,433 459,764 7 2,958 38,654 279,578 489,099 6,150 36,527 285,399 491,087 7 5,965 35,977 1,724 1,733 1,766 1,723 184,212 23,879 172,650 22,197 141,065 21,626 158,203 20,515 91,585 15,165 448 79,703 15,651 299 88,049 15,830 308 97,162 15,912 254 1,350 1,350 1,350 1,300 1,141 1,327 1,089 1,212 1,632 1,147 1,105 1,050 1,097,819 1,066,700 1,084,127 1,115,659 713,154 686,921 706,497 733,334 211,366 525 24,119 885 52,992 19,026 ,022,067 807,168 214,899 208,931 525 19,265 610 48,386 25,565 990,203 776,U99 213, 70k 206,988 1,025 24,489 237 53,145 13,017 ,005,398 793,527 211 ,871 206,305 1,025 23,874 118 55,243 17,882 ,037,781 826,701 211,080 500 1,597 2,538 2,524 1,706 3,006 1,896 1,887 3,540 1,694 1,867 3,498 1,751 1,028,726 996,811 1,013,019 1,044,897 21,000 32,225 13,025 2,843 21,000 32,625 13,598 2,666 21,050 33,650 13,402 3,006 21,050 35,075 12,036 2,601 CAPITAL ACCOUNTS Capital stock: Common stockSurplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts _ 69,093 69,889 71,108 70,762 1,097,819 1,066,700 1,084,127 1,115,659 79,155 71,567 79,194 66,929 MEMORANDUM Assets pledged or assigned to secure liabilities and for other purposes 109 REPORT OF T H E COMPTROLLER OF T H E CURRENCY TABLE NO. 25—Assets and liabilities of nonnational banks in the District of Columbia at date of each call during year ended Dec. 31, 1949 [In thousands of dollars] 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 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.. Income earned or accrued but not collected Other assets Total assets _ Apr. 11, 1949 June 30, 1949 Nov. 1, 1949 Dec. 31, 1949 10 banks 10 banks 10 banks 10 banks 127,333 179,308 1,944 12,539 128,556 171,050 7 1,800 12,389 134,810 173,746 4,750 12,294 139,417 171,828 7 4,049 12,450 937 938 938 69,199 9,993 62,911 8,578 49,663 9,593 58,067 8,924 31,193 8,380 336 29,418 8,612 211 31,007 8,680 33,930 8,760 175 1,350 1,350 220 1,300 1,350 626 825 643 630 861 719 628 443,963 427,093 428,610 441,142 276,869 262,755 261,188 270,243 109,985 109,166 108,312 107,772 9,420 765 5,946 3,835 U06,820 29k,327 112, lf.93 8,186 504 5,677 3,495 389,783 276,869 112,91U 10,394 115 6,646 3,162 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 Income collected but not earned Expenses accrued and unpaid Other liabilities Total liabilities 389,817 278,1U7 111,670 10,238 8 8,625 5,595 W2,U81 291 ,1+59 111,022 500 1,207 1,309 682 1,294 1,469 341 1,439 1,726 281 1,426 1,621 895 410,018 392,887 393,763 406,423 9,600 17,375 5,494 1,476 9,600 17,425 5,739 1,442 9,650 17,450 6,231 1,516 9,650 18,575 4,954 1,540 CAPITAL ACCOUNTS Capital stock: Common stock_ Surplus Undivided profits Reserves Total capital accounts Total liabilities and capital accounts _ 33,945 34,206 34,847 34,719 443,963 427,093 428,610 441,142 39,322 38,494 39,106 30,887 MEMOBANDUM Assets pledged or assigned to secure liabilities and for other purposes 11.0 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 26—Earnings, expenses, and dividends of banks in the District of Columbia, years ended Dec. 81,1949 and 194$ [In thousands of dollars] Years ended Dec. 31— Total l Number of banks Capital stock, par2 value Capital accounts 2 National banks ^onnational banks 1949 1948 1949 1948 1949 19 19 9 9 10 21,017 20,933 11 400 11 ,333 9 ,617 69,635 67,653 35 470 34 ,312 34 ,165 ______ Earnings from current operations: Interest and dividends on: 7,385 7,584 U. S. Government obligations 955 800 Other securities 11,289 10,117 Interest and discount on loans 70 57 Service charges and other fees on banks' loans _ 2,093 1,910 Other service charges, commissions, fees, and 722 676 collection and exchange charges 1,763 1,398 Trust department __ 1,320 1,296 Other current earnings Total earnings from current operations Current operating expenses: Salaries and wages: Officers __ __ __ Employees other than officers 1 Number of officers Number of employees other than officers 1 Fees paid to directors and members of executive, discount, and advisory committees Interest on time deposits (including savings deposits) Interest and discount on borrowed money Taxes other than on net income Recurring depreciation on banking house, furniture and fixtures Other current operating expenses Total current operating expenses 3 ,176 21 894 427 5 ,735 51 1 ,124 171 559 179 413 551 1 ,204 497 985 439 447 881 849 25,597 23,838 12 761 11 ,929 12 ,836 11 ,909 2,859 6,232 2,570 2,578 5,771 338 2,51*3 528 19 969 4 ,408 10 9 ,600 33 ,341 2 ,863 410 5 554 5 ,157 1 497 820 177 1 135 1 ,309 ,648 171 1 ,117 1 269 3 1 1 166 197 200 94 91 103 1,487 9 1,258 652 664 555 3 566 784 478 466 4,523 4,555 224 2 ,227 17,028 16,324 7,514 390 4 ,960 36 1 ,016 1 ,362 3 ,412 1,436 4 1,299 __ 8,569 Net earnings from current operations 4 522 1948 167 109 4 744 6 69?, 200 2 ,221 254 2 ,296 2 ,334 8 ,069 7 ,702 8 ,959 8 ,622 4 ,692 4 ,227 3 ,877 3 ,287 Recoveries, transfers from valuation reserves, and profits: On securities: Recoveries _ Transfers from valuation reserves Profits on securities sold or redeemed On loans: Recoveries Transfers from valuation reserves All other 2 88 1 80 1 8 293 254 184 159 109 95 233 173 50 67 183 106 1 287 1 248 1 59 1 147 228 101 Total recoveries, transfers from valuation reserves, and profits 816 764 295 454 521 310 126 6 191 10 24 44 102 6 147 10 190 1,016 67 1,661 525 88 616 25 102 400 42 499 462 355 446 Losses, charge-offs, and transfers to valuation reserves: On securities: Losses and charge-offs Transfers to valuation reserves On loans: Losses and charge-offs Transfers to valuation reserves All other Total losses, charge-offs, and transfers to valuation reserves Profits before income taxes _- Taxes on net income: Federal Net profits before dividends Cash dividends _ _ 107 1 ,162 79 1,800 2,454 835 1 ,310 965 1 ,144 7,585 5,824 4 ,152 3 ,371 3 ,433 2 ,453 2,502 2,235 1 ,407 1 ,387 1 ,095 848 5,083 3,589 2 ,745 1 ,984 2 ,338 1 ,605 2,653 2,412 1 ,388 1 ,320 1 ,265 1 ,092 111 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 26—Earnings, expenses, and dividends of banks in the District oj Columbia, years ended Dec. SI, 1949 and 1948—Continued [In thousand.3 of dollars] Years ended Dec. 31— National banks Total Memoranda items: Recoveries credited to valuation reserves (not included in recoveries above): On securities On loans _ Losses charged to valuation reserves (not included in losses above): On securities On loans Stock dividends (increases in capital stock) _ _ Ratios to gross earnings: Salariesi wages, and fees Interest on time deposits All other current expenses Nonnational banks 1949 1948 1949 1948 1949 71 38 43 33 28 5 384 10 328 173 239 211 10 89 1948 Percent Percent Percent Percent Percent Percent 36.28 35.86 34.57 33.93 38.00 37.80 6.24 5.61 5.11 5.57 6.11 6.91 24.63 26.38 23.55 25.07 25.69 27.69 - 66.52 68.48 63.23 64.57 69.80 72.40 33.48 31.52 36.77 35.43 30.20 27.60 Ratio of cash dividends to capital stock (par value).. 12.62 3.81 Ratio of cash dividends to capital accounts 11.52 3.57 12.18 3.91 11.65 3.85 13.15 3.70 11.38 3.28 Total current expenses Net current earnings __ _ 1 Number at end of period. 2 Figures are averages of amounts reported for the June and December call dates in the year indicated and the December call date in the previous year. TABLE NO. 27—Number of banks, capital stock, capital funds, net profits, interest and dividends, and ratios, all banks in the District of Columbia, years ended Dec. 31,1929—49 [In thousands of dollars. Figures for previous years published in report for 1940, p. 200] Capital i Number of banks 1929 1930 1931 1932 1933 1934 1935 1936 1937.1938 1939 1940 1941 . . 1942 1943 1944 1945 1946 1947 1948 1949 1 2 . 41 39 39 34 21 22 22 22 22 22 22 22 22 22 22 21 21 20 19 19 19 Capital notes and debentures 300 1,340 1,790 1,536 1,419 1,303 1,295 999 604 454 400 123 Preferred stock (par value) 1,575 1,650 1,650 1,554 1,355 1,208 1,288 1,130 969 794 317 34 Common stock (par value) 24,868 24,008 23,328 23,072 19,216 18,345 18,235 18,243 18,250 18,060 17,300 17,338 17,490 17,669 17,768 17,616 17,833 19,783 20,750 20,933 21,017 Interest and cash dividends Total 24,868 24,008 23,328 23,072 19,516 21,260 21,675 21,429 21,223 20,718 19,803 19,625 19,224 19,092 18,962 18,056 17,867 19,783 20,750 20,933 21,017 Capital accounts1 52,733 52,638 52,066 50,062 41,119 39,849 40,843 42,263 44,365 45,481 46,966 48,191 49,499 50,425 51,447 52,301 55,255 61,601 65,468 67,653 69,635 Averages of amounts from reports of condition made in each year. Deficit. Net profits before dividends 4,374 2,983 1,514 2 1,218 2 2,186 2 416 2,501 3,744 2,966 2,480 3,455 2,986 3,283 2,436 2,468 3,573 5,485 5,438 4,991 3,589 5,083 On capital notes and debentures 31 77 58 47 41 40 28 24 11 17 6 On preferred stock 34 68 68 59 50 47 56 42 38 31 16 1 On common stock 2,797 2,755 2,648 2,278 1,006 901 996 1,083 1,194 1,248 1,379 1,416 1,442 1,439 1,432 1,557 1,610 1,902 2,198 2,412 2,653 Ratios Interest on capital notes and debentures to capital notes and debentures 2 31 4.30 3 78 3.31 3.15 3.09 2.80 3 97 2.42 4 25 4.88 Cash Cash Total dividiviinterest dends dends and on pre- on comcash ferred mon divistock stock dends to to to precomcapital ferred mon accapital capital counts 2 16 4.12 4 12 3.80 3.69 3.89 4.35 3.72 3.92 3 90 5.05 2.94 11.25 11 48 11.35 9 87 5.24 4 91 5.46 5 94 6.54 6.91 7.97 8.17 8.24 8.14 8 06 8.84 9.03 9 61 10.59 11 52 12.62 5.30 5 23 4.09 4 55 2.45 2 42 2.79 2 86 2.93 2.94 3.12 3.11 3.05 2.95 2.88 3.02 2 92 3 09 3.36 3.57 3.81 Net profits before dividends To capital 17.59 12 43 6.49 2 5 28 2 11.20 2 1 96 11.54 17 47 13.98 11.97 17.45 15.22 17.08 12.76 13 02 19.79 30 70 27 49 24 05 17 15 24.19 To capital accounts 8.29 5 67 2.91 2 2 43 2 5.32 2 1 04 6.12 8 86 6.69 5.45 7.36 6.20 6 63 4.83 4 80 6.83 9 93 8 83 7 62 5 31 7.30 a H O O a d a 113 BEPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 28—Total loans of banks in the District of Columbia, losses and recoveries on loans, and ratio of net losses or recoveries to loans, by calendar years 1930-49 ALL BANKS [In thousands of dollars] Year 1930 -__ _ _ _ _ _ 1931 ______ 1932 1933__ _ _ _ _ _ _______ 1934 1935 _ __ _ ______ 1936 1937 1938 _ __ _ 1939 1940 __ 1941 1942 _ _ _ _ _ __ 1943 1944__ _ _ _ _ _ _ _ ______ 1945 1946 _ __ _ ___ 1947 1948-. _ _ _ 1949 Average for 1930-49 Total loans end of year Losses and charge-offs Recoveries 167,627 151,496 127,102 89,108 84,365 86,825 95,234 103,831 99,813 112,470 128,221 144,649 118,524 106,789 110,479 125,302 175,340 242,755 270,963 285,399 141,314 756 1,338 1,209 2,255 2,847 1,142 946 347 416 257 371 332 225 237 600 195 184 303 1 395 1574 119 184 75 123 137 346 398 372 201 137 193 277 351 297 434 300 483 529 2 211 2 304 747 Net losses or recoveries ( + ) 637 1,154 1,134 2,132 2,710 796 548 Ratio of losses (or recoveries + ) to loans Percent .38 .76 .89 2.39 3.21 .92 .58 + 25 + .02 + 126 + 60 + 105 + 299 +226 + .11 + .06 .15 + .08 + .17 + .09 274 270 473 .09 .33 72 76 453 930 215 120 178 55 166 184 .22 .11 .14 .04 .07 NATIONAL BANKS 1930 __. __- _ 1931 1932 _ 1933__ __ 1934 1935 _ _ _ -__ _ _ -__ _ _-1936 1937 _ _ -__ 1938 1939 1940 _ _ _ _ - _ _1941 1942 ___ _ _ .__ _ ___ 1943 _ ___ _ ___ 1944 1945 1946 ___ ___ _ _ 1947 1948 1949 Average for 1930-49 _ _ 89,359 76,908 63,796 42,739 41,412 39,674 42,958 49,180 44,810 51,608 60,059 68,766 55,876 51,534 55,181 67,807 96,720 131,989 145,299 145,982 71,083 525 1,006 722 1,055 1,312 572 406 176 215 167 178 122 112 133 56 80 31 156 150 225 103 59 119 143 147 113 666 975 1,281 416 256 +49 112 108 59 110 1 1 + 21 + 35 20 .51 1 21 1.04 2.28 3.09 1.05 .60 + .10 .25 21 .10 + .03 + .06 .04 66 62 133 264 261 141 112 211 230 2 100 2 93 + 31 + 46 + 149 +97 380 121 259 .11 .11 .36 184 .24 164 168 + + + + .06 .07 .15 .07 NONNATIONAL BANKS 1930 __. _ -_ 1931 1932 1933_ __ _ __ __ 1934 1935 _ __ _-_ 1936 1937 1938-__ _________ 1939 1940 _ __ 1941_ _ ___ 1942 1943___ _ _ _ _ _ _ _ 1944 1945 _ _ 1946 _ -__ 1947 1948 1949 Average for 1930-49 1 2 78,268 74,588 63,306 46,369 42,953 47,151 52,276 54,651 55,003 60,862 68,162 75,883 62,648 55,255 55,298 57,495 78,620 110,766 125,664 139,417 70,232 Excludes transfers to valuation reserves. Excludes transfers from valuation reserves. 231 47 108 19 332 487 1,200 1,535 570 43 106 190 224 468 1,157 1,429 380 540 248 292 171 201 90 193 210 113 104 490 129 1 1 122 170 147 98 78 74 134 204 184 293 188 272 299 131 313 2111 2 211 367 153 .30 74 2.50 3.33 .81 56 24 103 .04 .19 12 119 76 02 .17 .10 +91 +80 + .15 + .14 +59 + 150 + 129 + .10 + .19 + 12 197 20 102 214 .36 .02 .07 .30 114 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 29—Total securities of banks in the District of Columbia, losses and recoveries on securities, and ratio of net losses or recoveries to securities, by calendar years 1930-49 ALL BANKS [In thousands of dollars] Year Total securities end of year 1930 1931 1932 1933 ___ _ _ _ _______ 1934 1935__ _ . _ 1936 1937__ _ 1938 1939__ 1940 ___ _ 1941 1942 1943__ . 1944 1945 1946 1947 1948 _ _ -__ 1949 Average for 1930-49 80,136 97,591 102,081 99,160 109,832 122,028 134,533 135,867 138,533 134,137 136,389 '158,518 306,889 433,694 549,977 719,103 621,710 547,104 509,545 534,759 283,579 1930 1931 _ _ -__ -_ _ 1932 1933 1934 1935 1936 1937 _ _ 1938 1939 1940 1941 1942 1943 __ __ 1944 1945 _ _ 1946 1947 -- 1948 1949 ,_Average for 1930-49 43,913 57,611 63,950 64,625 67,263 73,276 77,706 83,437 81,286 81,270 81,589 94,880 203,593 276,495 341,778 440,209 372,566 327,705 308,248 345,537 174,347 Losses and charge- offs Ratio of losses Net losses or (or recoveries Recoveries recoveries(+) +) to securi- 233 1,120 1,178 2,145 930 496 845 811 892 1,045 732 827 466 770 639 299 205 347 2 201 2 126 106 13 256 M59 1 1,221 1 1,374 538 297 426 493 351 359 262 590 459 278 125 83 '88 32 127 1,107 922 1,686 +291 + 878 307 514 466 552 381 468 204 180 180 21 80 264 113 124 Percent .16 1.13 .90 1.70 + .26 + .72 .23 .38 .34 .41 .28 .30 .07 .04 .03 .002 .01 .05 .02 .02 715 389 326 ties .11 NATIONAL BANKS 342 609 7 4 149 1 339 1 720 1821 398 507 562 883 211 334 394 285 242 248 375 271 641 231 182 97 166 2 199 469 250 173 76 16 8 72 172 409 94 452 347 949 639 533 617 44 2 24 87 448 198 610 20 .78 31 94 +479 + 12 + .65 296 228 489 35 28 60 +81 211 27 .30 40 04 06 + 19 + 01 80 s +36 l 258 23 151 + 01 99 9 107 40 659 724 120 501 553 1,076 140 86 92 99 66 117 63 121 209 105 49 67 S 8 8 1 131 96 218 238 63 133 93 132 8 199 12 59 114 149 101 175 9 21 150 .002 01 .05 .01 .09 NONNATIONAL BANKS 1930 - 1931 _ _ 1932 _ ___ __ -__ ___ 1933 1934 __ 1935 1936 1937 _ .... __- 1938 1939 1940 _ - - 1941 _ _ _ 1942 1943 1944 1945 1946 __- 1947 1948 1949 Average for 1930-49 1 2 8 36,223 39,980 38,131 34,535 42,569 48,752 56,827 52,430 57,247 52,867 54,800 63,638 103,296 157,199 208,199 278,894 249,144 219,399 201,297 189,222 109,232 Includes profits on securities sold. Excludes transfers to valuation reserves. Excludes transfers from valuation reserves. 139 668 831 1,196 291 154 236 304 330 162 199 210 195 129 408 117 108 181 22 157 102 306 1 1 1 +210 + 399 .11 1.65 1.90 3.12 + .49 + .82 .17 .42 .42 .12 .24 .15 .13 .01 .10 .004 .02 .05 .07 .05 .16 115 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 30.—Summary of assets and liabilities Dec. 31, 1949, and receipts and disbursements in year ended Dec. 31, 1949, of the 21 building and loan associations in the District of Columbia, chartered under the D.C. Code [In thousands of dollars] Amount ASSETS LIABILITIES Real estate loans - $268,533 287 Stock loans 2,131 Federal Home Loan Bank stock_ U. S. Government securities, direct and guaranteed __ _ 8,403 Other securities 83 Cash and bank balances _ 17,477 Real estate sold on contract 10 Office building, furniture and fixtures 950 Other real estate owned 22 Interest accrued, not collected 43 Other assets 101 Total assets.__ Amount __ __ 298,040 Investment shares, unpledged Mortgage pledged shares Incomplete loans _ Bills payable __ _ Other liabilities _ __ __ Total liabilities,_. ___ _ $253,481 9 6,379 3,644 550 264,063 CAPITAL ACCOUNTS Surplus fund __ Net undivided profits Reserves Total capital accounts Total liabilities and capital accounts 20,787 4,826 8,364 33,977 298,040 RECEIPTS AND DISBURSEMENTS IN YEAR ENDED DEC. 31, 1949 Receipts Amount CAPITAL RECEIPTS Real estate loans Stock loans Bonds, securities, etc Investment shares, unpledged-. Mortgage pledged shares Incomplete loans Bills payable Interest accrued, not collected _ Other receipts Total capital receipts- Amount CAPITAL DISBURSEMENTS $77,544 340 1,462 76,577 127 26,688 1,907 2,275 11,141 198,061 Real estate loans Stock loans Bonds, securities, etc. Investment shares, unpledged-. Mortgage pledged shares Incomplete loans Bills payable Interest accrued, not collected_ Other disbursements Total capital disbursements $82,486 386 2,919 53,526 140 25,577 13,134 2,261 11,622 192 ,051 EXPENSES EARNINGS Interest on loans Commission on loans Fees and fines Commission on insurance Rent received Profit on sale of assets Recoveries on charged off assets _ Other earnings 12,489 Total earnings _ Cash and bank balances at beginning of period 13 ,085 Grand total _ Disbursements 34 82 41 5 1 433 8 ,849 219,995 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 Total expenses Cash and bank balances at end of period Grand total 784 637 331 34 182 7 ,647 125 727 10 ,467 17 ,477 219,995 NOTE.—Number of borrowing members, 42,598, nonborrowing, 134,617. Number of associations members of Federal Home Loan Bank System, 15 Number of associations with shares insured by the Federal Savings and Loan Insurance Corporation, 9. 116 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 31—Summary of assets and liabilities Dec. 31, 1949, and receipts and disbursements in year ended Dec. 31, 1949, of the 18 credit unions in the District of Columbia, chartered under the D. C. Code Amount ASSETS Loans __ ... _ _ Building association investments _ Other investments _ Deposits in banks .. __ Cash on hand _ _ Furniture and fixtures _ _ Other assets Total assets Amount LIABILITIES $1,538,238 120,644 335,331 159,031 49,158 1,236 1,973 2,205,611 Shares paid in _ _ _ _ _ __ $1,925,568 Surplus fund 33,119 Net undivided profits 90,240 Reserve fund for bad debts _ _ 145,265 Bills payable __ _ Other liabilities _ _ _ _ _ 11,419 Total liabilities _ 2,205,611 RECEIPTS AND DISBURSEMENTS IN YEAR ENDED DEC. 31, 1949 Receipts Amount CAPITAL RECEIPTS 4,202,404 EARNINGS Interest on loans Building association dividends Other income _ 123,700 4,410 10,597 Total earnings. 138,707 Transferred to reserve fund for bad debts Transferred to surplus Cash on hand at beginning of periodDeposits in banks at beginning of period _ .. __ Grand total .. _ _ 17,166 2,808 37,917 112,624 Loans made __ $2,288,920 Shares withdrawn 567,014 Building association shares purchased 28,044 Other investments purchased _ _ 4,350 Bills payable _____ 1,269,127 Loans charged against reserve fund__ 10,175 Other disbursements __ __ 9,072 Total capital disbursements.__ 4,176,702 EXPENSES Salaries _ _ _ General expenses _ _ Interest on borrowed money Dividends __ Depreciation on furniture and fixtures Total expenses Transferred to reserve fund for bad debts __ __ __ Transferred to surplus Cash on hand at end of period. _ Deposits in banks at end of period Grand total 4,511,626 NOTE.—Number of borrowing members, 6,088; Nonborrowing, 9,434. Amount CAPITAL DISBURSEMENTS $1,906,190 Loans repaid _ ______ 875,005 Payments on shares 60,786 Building association shares redeemed. 86,375 Other investments sold __ 1,259,000 Bills payable _ _ _ 962 Fees 737 Fines _ _ __ 4,808 Recoveries on loans to reserve fund 679 Depreciation on furniture and fixtures7,862 Other receipts _ _ _ _ Total capital receipts Disbursements 43,170 13,820 384 48,708 679 106,761 17,166 2,808 49,158 159,031 4,511,626 TABLE NO. 32.—Assets and liabilities of all active banks in the United States and possessions, by classes, Dec. SI, 1949 [In thousands of dollars] Total all banks Number of banks National banks All banks other than national Banks other than national State commercial x Mutual savings Private 14,705 4,981 9,724 9,101 531 92 17,195,434 1,003,522 2,071,314 1,763,157 10,389,226 580,607 985,366 770,738 6,806,208 422,915 1,085,948 992,419 6,729,047 422,199 1,079,688 980,076 34,833 42,328 716 5,072 12,343 ASSETS Loans and discounts: Commercial and industrial loans (including open-market paper) Loans to farmers directly guaranteed by the Commodity Credit Corporation Other loans to farmers Loans to brokers and dealers in securities Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities Real estate loans: Secured by farm land (including improvements) Secured by residential properties (other than farm) Secured by other properties Other loans to individuals (consumer loans) Loans to banks All other loans (including overdrafts) Total gross loans Less valuation reserves Net loans Securities: United States Government obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks, including stocks of Federal Reserve banks Total securities 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 rea ] estate. _ Customers' liability on acceptances outstanding Other assets Total assets 895,241 413,826 481,415 473,291 1,967 6,157 945,643 14,244,776 3,159,209 8,158,907 98,112 1,080,117 349,802 4,561,204 1,036,726 4,452,842 34,713 664,832 595,841 9,683,572 2,122,483 3,706,065 63,399 415,285 556,522 4,106,677 1,021,701 3,631,757 63,310 401,708 37,440 5,568,842 1,098,963 63,841 7,922 1,879 8,053 1,819 10,467 89 5,655 50,615,432 787,270 24,239,882 311,589 26,375,550 475,681 19,465,976 238,596 6,814,996 236,940 94,578 145 49,828,162 23,928,293 25,899,869 19,227,380 6,578,056 94,433 78,753,673 6,657,230 5,505,232 520,089 38,270,523 3,747,200 2,023,542 166,485 40,483,150 2,910,030 3,481,690 353,604 28,929,801 2,769,238 1,323,144 189,676 11,428,087 86,239 2,150,870 157,040 125,262 54,553 7,676 6,888 91,436,224 44,207,750 47,228,474 33,211,859 13,822,236 194,379 2,185,256 1,059,663 1,125,593 1,012,165 109,571 3,857 34,490,538 1,172,910 32,268 86,153 190,438 621,164 19,985,295 599,582 12,184 51,831 106,421 288,160 14,505,243 573,328 20,084 34,322 84,017 333,004 13,660,453 469,790 12,784 30,210 67,599 223,685 763,035 102,622 6,847 4,112 81,755 916 453 106,419 16,418 2,900 180,043,113 90,239,179 89,803,934 67,915,925 21,492,898 395,111 I O O 3 I I Ct TABLE NO. 32.—Assets and liabilities of all active banks in the United States and possessions, by classes, Dec. 31, 1949—Continued [In thousands of dollars] 00 Banks other than national Total all banks National banks All banks other than national 83,454,342 3,137,518 7,613,401 11,053,514 1,346,294 2,370,756 47,352,731 1,881,062 4,613,299 7,477,496 665,703 1,302,961 36,101,611 1,256,456 3,000,102 3,576,018 680,591 1,067,795 35,861,015 1,253,421 2,993,887 3,560,217 653,110 1,056,393 11,753 2,767 1,226 35 4,030 228,843 268 4,989 15,766 27,481 7,372 108,975,825 63,293,252 45,682,573 45,378,043 19,811 284,719 54,415,547 180,492 7,356 1,343,208 182,218 139,398 18,954,970 146,010 3,621 809,986 19,023 117,456 35,460,577 34,482 3,735 533,222 163,195 21,942 16,138,015 34,224 3,735 528,715 162,798 21,942 19,269,402 258 53,160 3,565 352 942 45 State commercial l Mutual savings Private LIABILITIES Demand deposits: Individuals, partnerships and corporations U. S. Government _ _ _ States and political subdivisions Banks in the United States ______ Banks in foreign countries Certified and cashiers'checks, etc _____ Total demand deposits __ _ _____ _ __ _ Time deposits: Individuals, partnerships, and corporations U. S. Government Postal savings States and political subdivisions Banks in the United States Banks in foreign countries __ __ __ __ ___ _ __ ___ ____ __ _ _ _ _ __ _ ____ Total time deposits Total deposits - Bills payable, rediscounts, and other liabilities for borrowed money Acceptances executed by or for account of reporting banks and outstanding. Other liabilities Total liabilities.-. ___ _ - ___ ___ 56,268,219 20,051,066 36,217,153 16,889,429 19,273,577 54,147 165,244,044 83,344,318 81,899,726 62,267,472 19,293,388 338,866 27,195 221,490 1,384,794 7,562 123,927 829,031 19,633 97,563 555,763 16,950 79,178 475,032 27 77,602 2,656 18,385 3,129 166,877,523 84,304,838 82,572,685 62,838,632 19,371,017 363,036 48,437 69,411 3,430,883 6,385,199 2,625,986 605,674 16,568 1,899,772 2,639,440 1,067,664 310,897 48,437 52,843 1,531,111 3,745,759 1,558,322 294,777 43,104 52,843 1,526,148 2,286,763 954,879 213,556 5,333 CAPITAL ACCOUNTS Capital notes and debentures _ _ _ _ __ Preferred stock Common stock ___ _ ___ ___ Surplus _ Undivided profits -_ _ _ _ Reserves and retirement account for preferred stock and capital notes and debentures Total capital accounts Total liabilities and capital accounts 1 Includes stock savings banks. _ ___ 1,437,198 602,404 76,946 4,963 21,798 1,039 4,275 13,165,590 5,934,341 7,231,249 5,077,293 2,121,881 32,075 180,043,113 90,239,179 89,803,934 67,915,925 21,492,898 395,111 s 8 O w o a d TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31,1949 (includes national. State commercial, savings, and private banks) ASSETS [In thousands of dollars] Location Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Population (approximate) Number of 917,000 544,000 368,000 4,729,000 743,000 2,031,000 110 77 374 28 189 _. _ _. Total New England States New York New Jersey Pennsylvania Delaware Maryland District of Columbia Total Eastern StatesVirginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas— Arkansas Kentucky Tennessee Total Southern States. 9,332,000 ObligaS. Gov- tions of Loans and U.ernment discounts, obligations, States and including direct and political overdrafts guaranteed subdivi- 214,462 211,256 188,955 2,328,428 296,850 816,001 364,949 255,925 103,699 4,123,350 579,583 1,542,821 13,651 9,393 11,804 99,643 12,080 97,142 874 4,055,952 6,970,327 243,713 Corporate Other stocks, bonds, Currency notes, and including of and coin deben- stocks Federal tures Reserve banks 51,617 31,930 11,227 419,049 57,475 191,211 8,365 24,884 2,432 73,729 28,105 48,361 14,176 7,618 4,948 86,221 17,587 44,266 Balances with other Bank banks, including re- premises owned, serve balances and furniture cash items and in process fixtures of collection 83,124 56,740 40,338 988,667 115,280 353,365 3,796 3,469 3,273 51,565 11,803 23,710 Real owned other than bank prem- InvestCusments tomers' and other liability on indirectly represent- acceptances ing bank outpremises standor other real estate ing Other assets Total 756,441 602,041 367,595 8,219,735 1,122,959 3,134,844 532 483 46 1,090 689 1,693 384 53 380 1,812 428 3 19,836 294 133 1,385 290 493 26,345 2,785 16,138 3,060 20,263 47,436 14,203,615 762,509 185,876 174,816 1,637,514 97,616 4,533 14,452,000 4,965,000 10,647,000 319,000 2,197,000 859,000 770 13,900,561 20,588,463 1,149,456 1,506,940 122,592 355 1,297,057 2,734,800 291,324 271,379 19,082 985 2,992,396 5,442,250 464,890 950,900 51,859 40 72,935 3,715 162,187 252,126 22,931 173 94,856 440,482 1,161,232 36,931 4,035 19 35,977 285,398 5,965 1,723 491,093 291,894 88,498 187,699 7,053 33,506 20,515 8,588,883 734,252 2,115,252 103,260 357,436 255,365 280,631 53,236 108,705 3,680 15,434 15,913 4,551 699 4,913 321 295 254 8,746 117,023 239,493 46,799,233 362 18,885 5,511,478 1,904 6,187 36,432 12,371,533 10,050 5 1,291 630,160 656 523 433 13,949 2,159,112 2,156 1,115,659 1,300 33,439,000 2,342 19,078,081 30,669,964 1,971,497 2,932,987 203,006 629,165 12,154,448 477,599 11,033 23,179 124,010 312,206 68,587,175 343 20,128 261 8,005 208 12,515 68 3,696 765 15,090 348 18,747 8,452 309 5,897 235 13,122 448 60,238 6,026 67 4,138 47 9,064 527 18,748 3,151,000 1,962,000 3,954,000 2,014,000 3,243,000 2,573,000 2,968,000 2,143,000 2,667,000 7,713,000 1,991,000 2,942,000 3,289,000 40,610,000 312 676,930 760,726 180 273,074 447,330 228 561,375 705,537 151 167,955 286,026 376 627,509 554,167 193 380,034 871,537 225 370,233 471,093 202 195,706 275,321 162 409,716 752,812 899 2,158,650 2,304,032 232 191,849 334,960 386 476,240 701,087 296 677,686 708,981 3,842 7,166,957 56,629 28,901 99,279 38,480 61,212 90,031 92,909 112,915 136,319 277,122 55,377 39,391 117,840 27,632 14,162 43,121 13,183 20,808 17,339 19,222 5,026 8,185 47,861 9,991 26,684 26,058 3,021 2,016 2,308 681 2,669 2,170 1,550 703 2,641 9,415 776 1,952 4,360 41,373 23,903 47,935 17,676 32,459 38,988 28,758 21,488 33,100 96,419 16,528 31,210 36,782 429,119 187,862 447,157 170,172 442,870 444,974 298,629 198,094 473,800 2,156,486 241,350 382,161 489,519 9,173,609 1,206,405 279,272 34,262 466,619 6,362,193 197,840 9,652 1,814 697 322 30 89 116 959 3 489 6,749 30 57 55 17 83 62 40 1,651 17 6,339 9,709 723 4,166 2,022,213 988,336 2,125 8,307 1,928,081 698,939 889 4,443 1,762,143 4,940 1,869,264 3,187 1,296,952 732 816,137 5,546 1,842,517 8,554 7,141,261 864 855,930 2,518 1,670,411 3,979 2,085,258 11,410 18,973 50,250 24,977,442 332 CO TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31,1949 (includes national, State commercial, savings, and private banks)—Continued fcO ASSETS—Continued o [In thousands of dollars] 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 Utah. Nevada Arizona Total Pacific States Population (approximate) Number of banks S. GovLoans and U:ernment discounts, obligations, including direct and overdrafts guaranteed 8,116,000 4,052,000 8,371,000 6,456,000 3,391,000 3,007,000 2,663,000 3,945,000 664 492 890 443 556 683 661 598 2,041,980 3,758,801 730,621 1,658,205 2,711,010 6,473,580 1,386,802 2,683,483 749,257 1,557,291 872,813 1,374,533 982,718 700,344 1,365,379 1,645,710 Obligations of States and political subdivisions 331,883 118,277 584,610 258,121 140,774 131,228 154,248 174,464 Corporate Other stocks, bonds, Currency notes, and including of and coin deben- stocks Federal tures Reserve banks Balances with other Bank b k s, cluding re- premises serve bal- owned, ances and furniture and cash items fixtures in process of collection Real estate owned other than bank premises Investments and other assets indirectly representing bank premises or other real estate Total assets 9,862 3,153 19,802 6,554 2,596 3,067 1,535 17,165 63,856 117,209 88,734 45,544 33,510 36,352 50,171 1,448,236 661,402 2,993,818 1,000,730 566,600 631,884 463,747 1,127,489 54,033 18,057 44,470 33,589 17,794 10,929 8,796 23,807 315 90 407 322 77 628 58 1,477 2,229 367 7,291 1,207 735 4,321 2,615 456 185 40 6,754 116 125 562 28 690 16,912 8,021,377 5,637 3,316,200 36,215 13,313,675 13,382 5,600,237 8,014 3,171,028 7,951 3,194,791 2,174 2,386,991 8,807 4,508,733 4,987 10,558,206 20,134,321 1,893,605 1,061,334 8,500 99,092 43,513,032 63,734 566,264 8,893,906 211,475 3,374 19,221 150 169 415 610 111 53 149 51 386 110,456 132,041 335,791 502,953 110,720 66,300 300,377 104,508 462,058 364,071 257,094 586,290 661,081 325,646 115,051 540,856 122,833 629,901 28,541 19,678 60,305 109,573 15,936 9,332 30,558 9,499 109,934 10,111 9,258 22,443 22,551 10,419 2,172 15,618 1,031 16,216 557 367 1,491 1,484 495 255 1,229 326 1,902 6,846 6,600 12,967 19,205 8,437 4,748 15,277 6,996 22,211 86,915 98,423 320,419 391,979 137,670 72,136 291,357 93,708 522,597 1,801 2,264 6,152 6,329 2,866 1,397 3,663 2,164 7,498 2 2 64 77 4 40 110 334 64 10 13 972 9,465,000 2,094 2,125,204 3,602,823 393,356 109,819 8,106 103,287 2,015,204 34,134 697 2,640,000 1,798,000 11,025,000 625,000 698,000 191,000 789,000 125 71 206 43 55 8 10 667,232 379,815 4,946,618 152,703 193,451 51,966 167,336 895,169 600,509 5,707,987 200,523 235,760 83,516 158,434 139,644 95,529 632,052 9,979 21,598 7,550 19,335 42,203 9,644 250,606 1,292 3,362 1,267 12,910 1,977 1,410 19,778 401 640 135 432 30,810 16,233 110,434 6,843 6,668 3,905 9,471 432,716 258,883 2,336,772 77,369 135,154 26,375 67,365 13,780 15,256 103,038 3,261 3,257 1,453 5,225 296 87 1,597 33 95 8 15 17,766,000 518 6,559,121 7,88%898 925,687 321,284 24,773 184,364 3,334,634 145,270 2,131 27,685 Other assets 226,053 56,495 318,509 127,197 82,221 123,365 34,376 93,118 630,000 665,000 1,282,000 1,944,000 528,000 290,000 1,245,000 600,000 2,281,000 40,001,000 Customers' liability on acceptances outstanding 5 70 173 973 1,056 2,228 2,134 1,321 250 3,161 331 2,756 610,283 526,783 1,348,217 1,717,855 613,514 271,681 1,202,211 341,813 1,776,282 1,541 258 14,210 8,408,639 503 66 25,765 212 338 14,677 4,960 2,229,502 4,798 1,382,568 44,497 14,193,821 132 452,536 719 601,652 727 176,902 2,287 443,213 15,227 58,120 19,480,194 57 489 948 403 Total United States (exclusive of possessions) _ 150 ,613,000 14,657 49,543 ,521 78,432,942 6,634,263 5,467, 205 519,757 2,124, 515 34,397, 899 1,163, 934 31,420 Alaska . . Canal Zone (Panama) Guam The Territory of Hawaii Puerto Rico American Samoa Virgin Islands of the United States Total possessions 100,000 46,000 27,000 505,000 2 ,211,000 16,000 19 4 1 9 13 1 19 964 875 419 151,177 110 ,983 19 33 179 3,785 17 056 166,160 97,052 1,129 28,000 1 1 ,204 2,370 2 ,933,000 48 284 ,641 320,731 423 1, 057 12,741 9,803 35 6, 476 29, 539 22,967 38, 027 332 5, 500 1, 759 1 28, 492 23, 309 84 265 565 13 332 60, 741 92, 639 8, 976 20 19 RJ99 45,5 1, VK 51, 280 19, 319 180 567 36 fi 4, 890 3, 463 1 319 452 30 27 4 3 ,203 848 57 3 ,207 Total United States and possessions 153 ,546,000 14,705 49,828 ,162 78,753,673 6,657,230 5,505, 232 520,089 2,185, 256 34,490, 538 1,172, 910 32,268 86,096 187 ,231 581,314 179,170,097 77 341 20,155 405 1,679 17,220 12 81,530 27,065 20,571 423,580 314,370 1,425 38 4,475 39,850 873,016 § 86,153 190 ,438 621,164 180,043,113 C o o TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31, 1949 (includes national, State commercial, 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 __ _____ M^aryland District of Columbia __ . Total Eastern States Virginia __ W^est Virginia North Carolina South Carolina Georgia __ Florida Alabama Mississippi Louisiana Texas Arkansas _ _ Kentucky Tennessee. _ __ Total Southern States _ __ Demand deposits Time deposits Total deposits 240,573 146,327 93,028 3 372 155 443,449 1,096,971 434,258 387,063 235,110 4,001,982 567,307 1,730,233 674,831 533,390 328,138 7,374 137 1,010,756 2,827,204 Bills payable, Acceptances rediscounts, executed by Other and other or for account liabilities for of reporting Liabilities banks and borrowed outstanding money 2,106 25 163 1 237 21,275 470 555 133 Capitall stock Surplus 3,108 2,081 1,863 46,797 12,476 17,312 15,267 7,394 15,481 110,633 22,520 45,562 35,205 33,567 9,393 379,254 60,706 148,540 216,857 666,665 873,091 2,351,661 111,498 196,207 322,678 632,928 12,224 30,398 34,651 81,293 21,050 35,075 Reserves and retirement account for preferred Undivided stock and profits capital notes and debentures 22,814 20,264 7,499 254,342 11,053 88,618 3,110 5,320 5,058 32,060 4,893 7,005 5,392,503 7,355,953 12,748,456 4,001 21,963 83,637 404,590 57,446 26 511,743 2,532,269 6 975 856 406,200 1,155,758 826,700 15,408,237 2,555,588 4,126,576 155,632 821,040 211,081 41,919,980 5,087,857 11,102,432 561,832 1,976,798 1,037,781 4,921 200 1 707 228 50 135,751 362 6 679 5 433 638,238 28,477 59,468 3,278 10,540 7,117 786,950 59,424 184,888 10,056 47,254 12,036 88,641 27,453 60,753 12,139 8,093 2,600 38,408,526 23,278,154 61,686,680 7,106 143,230 747,118 1,375,192 3,327,562 1,100,608 199,679 1,249,428 644,782 1,384,498 565,319 1,305,026 1 411,451 944,730 631,946 1,446,233 6 048,676 700,916 1,320,745 1,490,887 610,530 258,529 397,146 88,845 319,264 332,742 257,007 132,770 286,104 661,633 98,691 226,374 455,267 1,859,958 903,311 1,781,644 654,164 1,624,290 1,744,193 1,201,737 764,716 1,732,337 6,710,309 799,607 1,547,119 1,946,154 920 1,466 1,106 332 191 150 62 7 51 25 1,906 17 9,299 10,692 4,124,902 23,269,539 4,575 19,144,637 : : 507 90 723 12,451 3,719 20,013 3,111 15,843 7,970 6,013 1,972 7,126 22,330 2,046 7,079 10,015 50,236 25,315 29,735 15,359 39,640 40,551 26,845 16,225 30,015 148,553 17,753 38,513 40,622 63,601 37,437 66,734 17,258 48,428 52,779 35,917 30,800 42,093 154,636 20,555 55,218 58,139 25,763 12,929 20,004 7,072 21,170 16,080 18,926 1,081 18,761 73,062 13,432 19,097 23,483 8,952 4,159 8,828 1,892 12,203 7,561 5,417 1,176 2,824 21,672 2,537 3,334 6,097 23,171 119,688 519,362 683,595 270,860 86,652 17 83 62 40 O 4,609,361 2,186,678 9,309,884 3,072,616 1,700,816 1,934,619 1,703,180 3,518,791 2,882,455 921,216 3,128,195 2,178,864 1,268,476 1 036,961 531,529 690,209 7,491,816 3,107,894 12,438,079 5,251,480 2,969,292 2,971,580 2,234,709 4,209,000 679 45 40 7,988 116 125 200 100 562 28 753 39,317 12,649 73,084 34,983 7,584 18,623 3,016 20,810 Total Middle Western States- _-_ 28,035,945 12,637,905 40,673,850 1,060 9,797 210,066 410,440 407,271 1,125,469 1,445,344 487,217 209,470 901,629 280,208 1,530,421 165,058 89,377 139,586 166,289 98,697 46,614 224,145 43,981 122,900 575,498 496,648 1,265,055 1,611,633 585,914 256,084 1,125,774 324,189 1,653,321 50 2,661 6,797,469 1,096,647 7,894,116 3,343 1,359,450 898,736 7,376,289 326,131 381,798 105,719 317,132 732,684 392,617 5,860,439 102,658 181,851 60,111 98,930 2,092,134 1,291,353 13,236,728 428,789 563,649 165,830 416,062 10,765,255 7,429,290 18,194,545 Dhio Indiana __ Illinois IVlichigan Wisconsin IVlinnesota Iowa Missouri North Dakota South Dakota Nebraska «. Kansas IVIontana 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 Puerto Rico American Samoa Virgin Islands of the United States Total possessions 108,544,335 55,922,851 164,467,186 53,437 24,349 10,122 185,458 155,116 22,748 2,692 9,366 205,952 102,268 905 387 2,103 431,490 Total United States and possessions 108,975,825 36 620 400 272 185 1,955 345,368 776,858 7,110 56,268,219 165,244,044 27,195 17,056 9,179 81,224 20,864 11,868 17,442 9,590 9,027 863,719 1,101,805 476,485 176,250 173 9,846 10,545 28,187 40,380 9,162 6,896 27,692 6,035 41,030 8,106 7,864 17,667 25,628 6,134 3,279 17,683 666 33,297 4,718 1,527 5,972 2,866 731 867 5,273 3,108 108 5,747 258 22,407 157,609 179,773 120,324 30,809 212 9,886 7,171 166,434 1,860 2,468 1,164 4,235 33,106 19,969 293,415 8,030 12,177 2,413 7,115 49,948 33,834 283,236 8,230 13,930 2,710 10,371 29,090 29,338 166,534 4,789 7,484 4,770 3,745 15,126 484 28,241 838 1,944 15 1,685 193,218 376,225 402,259 245,750 48,333 218,283 1,376,134 3,508,964 6,361,659 2,618,617 599,169 10 5 70 TAT 24 57 940 7,488 1,325 1,750 1,442 702 200 11,267 26,775 600 11,105 9,945 226 4,258 1,384 4,596 1,081 25 50 150 65 75 14 45 8,660 39,767 23,540 7,369 6,505 221,490 1,384,794 3,548,731 6,385,199 2,625,986 605,674 126 7,110 ' 80,918 42,716 110,894 57,999 41,870 35,504 36,548 70,036 10,298 8,783 28,154 33,631 9,685 3,759 21,091 7,110 35,098 19,864 20,085 230,353 83,624 331,285 131,892 74,366 93,802 58,706 97,777 1,767 1,416 2,552 3,317 1,888 796 4,421 635 5,615 419 19,233 76,185 27,041 19,488 391,410 257,384 1,292 4,058 161,053 60,098 271,085 102,903 65,878 57,278 44,194 101,230 4 3,203 3,207 4 122 • r* 3 O F Ed O *1 1 • Includes capital notes and debentures. (See classification on pp. 126 and 127.) to CO TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 31,1949 (includes national. State commercial, savings, and private banks)—Continued [In thousands of dollars] Loans and discounts Commercial and industrial loans (including openmarket paper) Location Maine New Hampshire. Vermont Massachusetts Rhode Island. Connecticut Total Eastern States Virginia West Virginia North Carolina South Carolina Georgia _ Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee — Total Southern States 54,154 32,182 18,622 641,249 80,915 131,541 3,542 Other loans to farmers Real-estate loans Other loans to Loans to individSecured by Secured by (con- banks farm land residential Secured uals sumer (including properties by other loans) improve- (other than properties ments) farm) 16,316 7,875 16,426 259,371 31,503 57,204 36,856 22,310 25,256 294 112 30,545 122,524 2,378 236 852 86,192 140,346 98,600 1,057,555 139,257 487,308 30,239 48,213 36,302 2,009,258 388,695 531,603 3,670 54,605 1,464,394 7,824 8,811 40,497 29,938 2,648 2,275 9,750 1,132 1,514 15 275,458 15,814 53,054 3,352 16 481 3,323 36,426 12,722 47,861 6,987 16,797 4,317,638 587,812 771,658 53,623 132,578 68,747 981,838 1,242,855 107,915 296,968 188,908 637,233 11,936 32,315 103,804 44,385 29,326 76,637 81,542 300 170 5,638 116,326 1,507,077 367,482 120,911 5,932,056 1,364,308 2,389,812 82,025 1,069 2,214 16,090 10,577 15,316 205,848 25,133 1,596 13,719 26,154 5,824 12,943 7,397 20,682 11,251 25,136 18,675 13,032 180,235 24,581 44,560 32,431 3,017 1,558 1,524 843 2,177 7,239 725 3,844 10,393 6,867 21,628 2,617 17,497 15,872 4,525 5,370 4,317 64,512 1,359 7,745 15,475 28,177 10,719 20,945 5,879 19,747 6,542 14,333 13,572 10,335 27,218 9,272 46,465 30,084 168,765 93,286 66,536 28,101 93,405 54,262 59,581 23,038 45,654 122,023 24,695 75,578 67,541 319,617 422,901 34,534 178,177 243,288 922,465 727 29 4,391 958,663 4,424 30,545 5,517,528 260,198 1,193,941 47,193 103 579 93,439 3,168 361 898 459 752 7,215,878 187,145 55,511 222,172 57,196 244,417 ... 150,428 131,177 64,580 181,147 1 008,828 44,280 .. 142,948 302,244 2,792,073 2,219 4 848 23,202 130 17 Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities 4,458 2,656 14,973 7,092 1,524 5,599 7,926 2,288 10,751 4,462 Loans to brokers and dealers in securities 2,285 1,677 2,898 29,070 3,712 8,571 27 826 _ Total New England States. New York New Jersey Pennsylvania Delaware __ . Maryland District of Columbia Loans to farmers directly guaranteed by the Commodity Credit Corporation 29,004 114 9,943 484 852 118 41,984 22,252 35,806 12,253 26,674 27,174 16,434 11,443 27,722 68,266 10,434 27,727 26,931 195,931 77,674 167,526 42,673 159,296 102,208 91,976 44,520 93,571 434,052 49,193 119,772 178,391 355,100 1,756,783 287 35 970 13 1,489 All other loans (including overdrafts) Total gross loans 4,003 2,312 2,533 38,679 11,159 8,631 216,149 211,698 190,086 2,363,798 299,578 827,620 67,317 4,108,929 Less valuation reserves Net loans 214,462 1,687 442 211,256 1,131 188,955 35 370 2 328 428 296,850 2,728 816,001 11,619 52,977 4,055,952 287,498 14,262,950 18,249 1,316,974 72,385 3,036,543 1,853 162,641 14,576 443,847 14,370 287,489 362,389 13,900,561 19,917 1,297,057 44 147 2,992,396 454 162,187 440,482 3,365 2,091 285,398 408,931 19,510,444 432,363 19,078,081 127 1,065 19,487 3,672 8,667 8,238 21,735 13,894 13,988 5,269 20,950 58,709 3,002 14,221 13,661 682,808 276,057 568,990 169,686 632,596 383,553 374,764 197,887 414,883 2 177 039 192,842 481,464 685,386 5,878 676,930 2,983 273,074 7,615 561,375 1,731 167 955 5,087 627,509 3,519 380,034 4,531 370,233 2 181 195 706 5,167 409,716 18 389 2,158 650 993 191,849 5,224 476,240 7,700 677,686 7,524 205,493 7,237,955 70,998 138 605 2,924 364 662 109 41 7,166,957 585 009 172 574 1,473 361 290 869 214, 994 229, 987 124 179 477 616 13,696 8,973 22,028 5,498 173 47,257 76,446 58,722 52 858 57,458 120 218 48,684 58 243 95,656 183,209 100,622 33 0^8 841 109 195 12, 146 646 2, 993 1, 4, 813 73 9 34 8, 264 74 898 17, 580 9, 594 10, 012 8, 309 19, 511 73 568 45,734 32 181 37,565 48 926 43,023 53 605 36,851 620 304 234,539 337 432 512,781 228 055 206,957 125 807 297,999 3,567 882 232,793 716,948 165, 287 221, 332 371,453 2 563,874 14 334 17 255 537 98 031 21 767 13 735 81 767 28 829 172 998 36,558 25,675 61,570 107,826 15 205 5,655 26,401 7,803 71,107 24 433 42,125 107 156 130,199 22 626 17,032 67 328 17,387 62,135 36 779 1, 150 860 1, 032 6 396 3, 674 556 599 2 1, 169 1, 772 3 151 4,043 9 462 18,672 2 316 1,942 4 726 2,188 10,437 10 947 19,496 21 551 50,416 18 967 12,733 36,022 20,179 33,908 3,584 4,406 9,275 12,059 5,586 4,814 16,516 4,834 12,920 17,274 19,058 43,070 73,239 23,969 9,931 59,778 22,355 92,777 522 253 357,800 490,421 2 643 18 507 56,937 224,219 73,994 361,451 872 347 635 656 959 349 551 38,854 6,544 9,220 25,371 3,254 1 419 143 20 703 72 771 3, 363 2, 923 31 620 541 1 690 5 23,181 20,045 154,732 22,701 21,010 4 025 25,984 264 1 249 14,109 8,492 77,689 3,825 7,150 1 025 2,038 165,766 75,084 2 ,115,805 35,147 54,582 19 859 48,821 50,928 26,791 275,179 8,767 16,485 6 317 4,571 118,585 98,424 745,682 22,393 36,560 12 287 34,830 2,038 362 83,248 271,678 23 372 41 848 114,328 2 ,515,064 389,038 1 ,068,761 Total United States (ex17,095 ,111 1,003,520 2,048,819 1,763 152 clusive of possessions) 875 559 Ohio Indiana Illinois Michigan Wisconsin Minnesota _ 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 Total Pacific States 246 138 1,515 32 47 7 49 Alaska Canal Zone (Panama) Guam The Territory of Hawaii Puerto Rico American Samoa Virgin Islands of the United States 9 ,659 753 145 40 853 48 ,718 Total possessions. 100 ,323 Total United States and possessions. _ .... 199 2 2 7,328 15,156 2 22,495 6 5 17 287 2 382 125 583 42,039 79,967 107,521 62,182 46,144 29,317 72,893 444,231 155,804 449,441 325,499 115,158 165,115 95,361 274,967 1 ,073 255 395 565,646 2 025,576 1 ,984 943,219 14 ,166,936 3,136,781 8 ,133,986 20 5,804 2,864 1,248 1,050 7 57,260 14,232 12,530 6,901 1,764 121 267 11,889 10,644 19 7 106 537 133 217 5 19 682 2,424 77,840 22,428 24,921 17,195 ,434 1,003,522 2,071,314 1,763 157 895 241 9 195 945,643 14 ,244,776 3,159,209 8 ,158,907 49 73 70 76 48,417 11,897 47,717 40,874 24,203 35,342 7,979 31,283 2,071,001 738,378 2,746,833 1,399,017 761,446 882,559 705,900 1,375,353 247,712 10,680,487 29,021 7,757 35,823 12,215 12,189 9,746 5,556 9,974 9 ,041,980 730,621 ,711,010 1 ,386,802 749,257 872,813 700,344 1 ,365,379 ? 122,281 10 ,558,206 5 435 1,127 6,715 9,623 1,455 366 7,301 1,027 6,022 111,576 134,253 339,915 504,889 112,743 66,730 302,191 105,771 464,637 1,120 2,212 4,124 1,936 2,023 430 1,814 1,263 2,579 110 456 132,041 335 791 502,953 110 720 66,300 300,377 104,508 462,058 409 34,071 2,142,705 17,501 2 ,125,204 10,525 5,013 75,560 2,735 5,892 732 800 673,602 381,806 5,024,225 154,208 195,276 52 126 168,113 6,370 1,991 77,607 1,505 1 825 160 111 667,232 379,815 4 ,946,618 152,703 193 451 51 966 167,336 101,257 6,649,356 90,235 6 ,559,121 404 2 ,400 2 ,400 98 ,012 1,064,781 50,329,876 106 1 100 2,787 12,442 100 15,336 20,225 875 419 151,187 111,627 19 786,355 49 ,543,521 261 10 644 1,204 1 204 285,556 98 ,112 1,080,117 50,615,432 19,964 875 419 151,177 110,983 19 915 284,641 787,270 49 ,828,162 TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 81,1949 (includes national. State commercial, savings, and private banks)—Continued [In thousands of dollars] Capital Location Capital notes and debentures Preferred stock Timed sposits Demand deposits Common stock Individuals, partnerships, and corporations States and political subdivisions Banks in United States 6,486 4,165 2,041 97,979 18,990 39,399 20,183 14,488 9,040 246,742 33,661 59,824 8,448 7,632 1,551 304,492 11,553 37,322 1 27,559 1,798 57 370,998 29,422 U. S. Government Individuals, U.S. partnerships, and Governcorporament tions Postal savings States and political subdivisions 990 907 234 5,525 623 1,599 6 20 8 133 50 45 1,816 160 1,769 4,180 213 621 44 88 228 15 262 8,759 375 Banks in foreign countries Certified and cashiers' checks, etc. 1 7 5,066 5,076 2,275 71,320 8,595 33,614 431,446 385,976 233,055 3,992,056 566,193 1,727,953 125,946 Banks in United States Banks in foreign countries O H o 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 320 15,030 7,382 8 489 109,530 22 520 45,242 200,383 114,966 78,120 2,624,063 368,852 926,755 5,033 3,631 208,193 4,313,139 169,060 383,938 35,094 300 13,140 16 343 2,064 824,857 19,804,389 94,855 2,061,346 320,614 5,782,215 324,440 12 199 906,393 33,762 733,334 21,050 758,801 78,657 218,595 29,810 47,493 20,124 621,288 279,170 261,689 38,058 94,255 117 5 033 25 201 35,620 Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Louisiana Texas Arkansas Kentucky Tennessee Total Southern States 237 12 1 959 1,103 688 32,235 1,307,337 29,612,117 1,153,480 1,294,577 76 23 1 770 533 200 179 570 998 6,538 511,918 14,033,793 430 88 139 10 10 229 906 925,232 481,658 987,320 456,599 970,376 1,050,309 721,521 469 582 944,581 4,416,513 554 224 1,039,353 1,016,525 48,784 24,885 29 203 15,066 39 501 40,475 26 822 14 445 29 472 148,124 17 574 37,943 39,624 1,452 532 205 31,012 20,421 41,040 10,961 25,657 18,992 17,586 7 148 19,008 71,079 7,629 18,840 21,375 7,336,679 9,878 994,855 15,016,382 60,665 2,525,996 100,405 3,986,565 9,250 148,894 8,928 812,079 17,881 206,306 49,082 6,911 1,473 383 5,376 3,750 22 1,025 4,010,306 1,146,062 1,191,984 22,696,222 3,209,194 1,123,216 51,865 566 594,986 17,966 4,642 97,563 1,126 52,056 3,188 107,666 82,422 111,621 70,042 117,400 193,975 128,337 98 059 251,797 514,350 73,041 96,481 155,044 158,189 37,672 220 495 20,549 177,066 130,698 69,687 53 640 210,565 912,444 60,842 155,007 281,408 310,748 2,000,235 2,488,262 616 66,975 1,663 562,705 255,609 344 143 86,606 313,544 324,947 253,878 131 709 277,956 532,142 97,909 223,216 438,143 13,276 1,338 4 785 647 4 109 2 442 1,840 1 059 760 7,472 276 1,816 2,985 290 269 150 12 341 302 32 88 27,172 22,609 23 955 7,168 14,449 15,195 7,209 3 517 13,445 124,130 5 180 11,064 16,447 20,059 291,540 3,842,507 42,805 157 67 78 2,282 390 6 837 10,160 O O 72,937 157,947 21,954 727 1,303 136,619 6,355 25 3,538 111,889 241,403 160,002 111,889 450 408 716 310 500 795 845 486 378 38 21 196 33,809 905 47,352 1,270 770 4,256 412 2 5,702 119,051 348 1,233 11,539 1,200 2,590 120 88 2,404 2,515 226,649 10,426 d Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri 755 2,122 253 2 171 119 _ - Total Middle Western States North Dakota South Dakota Nebraska Kansas Montana Wyoming Colorado New Mexico Oklahoma . . 955 415 6,375 15,633 98 120 52 25 _ Total Western States 295 Washington Oregon California.- . . Idaho Utah Nevada Arizona Total United States (exclusive of possessions) Total United States and possessions 1 297,750 115,135 1,270,099 171,934 125,525 293,887 116,383 715,657 4,540 106 41,035 4,862 994,898 2,039,791 3,106,370 59,908 5 338,471 344,910 889,671 1,060,670 366,718 160,003 734,680 206,564 1,115,401 5,962 8,124 23,124 20,383 6,572 2,895 20,552 4,996 35,330 51,641 40,812 64,346 268,656 75,744 30,051 54,018 53,498 195,886 11,324 10,287 139,981 83,907 31,840 13,642 81,572 11,316 161,424 734 156,580 5,217,088 127,938 834,652 9,675 55 1,103,380 724,456 5,881,521 252,424 271,910 83,056 252,560 38,698 18,062 244,397 5,023 3,965 2,174 5,812 119,509 106,071 583,147 59,378 56,742 17,352 49,160 8,569,307 318,131 991,359 700 10,540 365,477 443 2,788 6,134 2,729,088 915,881 2,979,308 2,159,576 1,259,174 1,025,689 528,371 681,365 3,534 2,809 5,230 6,002 4,257 156 2,686 1,087 345 130 148,460 1,143 143,242 12,920 4,419 6,891 361 7,472 401,148 12,278,452 25,761 1,365 324,908 7,419 47,355 2,372 24 5 96,512 36,612 110,011 47,253 31,563 28,866 24,424 25,907 200 11,267 26,775 50 42,835 9,742 7 658 115,999 97,122 575 4,836 14,526 2 300 29,219 11,831 301 70 131 283 111 403 117,131 86,260 139,276 162,975 97,943 46,060 223,458 41,308 118,099 2,244 1,744 9 28 48 31 23 5 327 109 545,293 441 72,057 1,032,510 8,023 79,079 33,015 357,033 5,723 44,875 1,149 2,672 3,057 1,059 82,097 1,294 15,727 16,073 228,094 3,583 4,304 1,988 5,634 726,065 385,774 5,394,033 101,924 180,813 56,686 97,659 6,171 128 13,643 653 543 348 250 523,546 87,509 275,403 6,942,954 21,736 32 2 3,867 1,306 10 33,988 30,290 2,488 4,930 100 50 1,137 250 704 5 100 39,667 275,068 63,263 68,849 8,739 300 2,537 24 593 39 164 3,464 8,406 5 7 1,860 2,893 12,678 286,223 32 541 731 155 1,715 124 483 286 18,573 2,692 9 366 202,847 50,498 387 1,028 1,193 310 296 495 3,942 155 125 1,518 589 48 384 102 33 10 12 1,845 1,103 587 54,338 1,189 18 15 247 11 426 143 2,120 40 19 4 6,557 422,891 30 400 3,077 1,002 335 433,961 2,799 27,505 6,727 1,290,018 182,210 139,394 25 27,505 70 3,005 22 1,142 2,209 100 572 35 324 51,635 89 2 4 5,314 629 53,190 8 4 7,356 1,343,208 182,218 139,398 69,411 3,430,883 83,454,342 3,137,518 7,613,401 11,053,514 1,346,294 2,370,756 54,415,547 180,492 Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account). 190 105 3,037 3,138 8,346 11,728 6,343 2,879 10,775 3,834 21,977 1 69,311 3,391,216 83,179,274 3,074,255 7,544,552 11,044,775 1,343,401 2,358,078 54,129,324 175,178 1,325 48,437 284,449 292,450 481,327 260,229 106,866 170,111 182,766 261,593 10,191 8,663 28,035 33,506 9,565 3,511 20,991 7,025 35,093 9 208 -_ 188,084 46,922 350,254 177,477 57,496 57,302 49,288 68,075 67 125 95 248 100 85 5 110 48,437 3,738,026 1,695,453 7,057,158 2 410 861 1,378,923 1,381,665 1,330,319 2,441,425 841,711 21,433,830 82 Alaska Canal Zone (Panama) Guam The Territory of Hawaii Puerto Rico American Samoa Virgin Islands of the United States Total possessions 156,523 57,921 269,263 97,438 61,872 56,029 42,805 99,860 33,019 19,930 283,740 7,975 11,985 2,413 6,415 87 39 Total Pacific States., 3 775 55 1,569 5 465 1,835 1,130 1,389 6 TABLE NO. 34.—Assets and liabilities oj active national banks, Dec. 31,1949 to ASSETS 00 [In thousands of dollars] Location Maine__. New Hampshire Vermont Massachusetts Rhode Island Connecticut _ Loans and discounts, including overdrafts 33 51 39 118 73,074 65,906 52,329 843,057 69,997 177,099 105,724 67,171 45,276 1,447,726 133,044 345,529 __. 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 TexasArkansas Kentucky Tennessee Number of banks U.S. Government securities, direct and guaranteed __ _. -. Total Southern States 6,190 6,576 5,756 66,900 3,542 47,737 Other bonds, notes, and debentures 7,974 5,507 4,567 55,225 3,979 19,291 Corporate stocks, including stocks of Currency Federal and coin Reserve banks 605 435 311 6,051 588 1,369 5,089 5,164 2,292 43,964 4,749 15,567 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 40,339 42,189 23,972 683,034 46,276 164,473 1,017 1,599 1,424 24,543 1,018 8,250 101 55 11 122 221 Investments and other Customers' liability indirectly on acceptances representing bank outstanding premises or other real estate 289 53 23 338 Other assets Total assets 19,307 149 133 463 112 307 17,480 932 1,195 240,865 194,767 136,268 3,207,747 264,274 780,867 4,824,788 296 1,281,462 2,144,470 136,701 96,543 9,359 76,825 1,000,283 37,851 510 706 19,589 20,489 382 208 5,521,795 1,227,306 3,234,257 18,255 408,324 319,259 617,648 151,224 270,388 921 14,235 1,916 362,023 84,184 366,887 1,638 20,883 23,527 42,019 4,255 26,234 144 1,202 835 86,212 42,439 109,391 870 12,218 11,591 3,139,845 374,144 1,389,311 7,326 177,926 163,368 86,613 20,848 60,611 479 4,922 7,152 562 197 765 1 76 79 1,856 1,677 1,924 43,487 229 5,545 500 314 90,524 13,669, 034 6,787 2,451, 496 19,095 7,259,790 53 43, 570 1,673 775, 792 674,517 6,283,422 10,729,196 1,056,332 859,142 74,689 262,721 5,251,920 180,625 5,957 49,575 18,037 8,328 5,462 8,964 18,312 15,509 17,316 1,684 5,841 39,470 6,672 14,160 21,520 1,980 921 715 508 1,403 1,931 1,357 348 1,927 7,261 611 1,038 2,499 22,460 11,958 11,199 9,479 13,040 22,765 18,961 4,408 16,536 66,610 7,013 12,516 21,985 261,609 112,806 123,341 100,591 263,323 334,447 224,124 56,143 314,658 1,776,834 124,631 159,755 366,539 10,944 4,547 3,818 2,476 7,887 13,211 6,772 1,729 10,352 47,638 2,150 4,475 13,186 196 193 111 2 385 232 182 20 392 4,667 30 2 250 691 30 1 30 332 6,590 30 21 53 181,275 22,499 238,930 4,218,801 129,185 6,662 8,418 1,306 -- Obligations of States and political subdivisions 3,676,450 538,206 1,775,382 13,883 133,519 145,982 132 74 46 25 51 61 69 24 35 440 52 92 72 374,775 133,327 138,031 103,737 343,981 246,650 271,529 51,107 271,925 ,747,250 103,754 169,983 479,629 451,223 244,638 191,267 189,920 308,697 591,326 364,138 76,786 570,091 1,876,978 171,463 278,252 509,449 1,173 4,435,678 5,824,228 33,645 15,080 21,510 14,977 39,247 63,971 72,735 28,885 63,798 207,098 34,414 20,621 76,825 1,6 83 806 17 40 1,651 6,334 9,709 360 18,454 118,940 24,874,199 2,567 676 1,040 610 2,275 3,519 2,806 196 4,750 7,302 518 1,215 3,246 1,178,459 532, 504 496,506 431, 294 998, 567 1,293,684 982,377 221,306 1,266,687 5,797, 407 451,286 662,038 1,495,541 30,720 15,807,656 Ohio Indiana Illinois Michigan Wisconsin Minnesota 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 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 241 125 382 78 95 179 97 79 1,276 41 35 125 174 39 24 77 26 199 163,593 68,645 348,953 95,772 45,249 81,223 61,969 58,751 72,509 32,965 191,239 77,666 47,231 70,430 17,121 35,774 5,618 2,175 14,094 3,663 1,803 2,955 973 2,655 55,289 32,356 78,048 40,297 17,530 17,997 11,129 13,979 741,994 398,904 2,254,996 575,405 317,162 508,256 194,524 476,818 30,440 10,034 32,058 13,691 9,006 7,308 3,383 8,965 3 48 161 95 6 534 129 '320 43 110 533 1 303 5,449,365 11,390,125 924,155 544,935 33,936 266,625 5,468,059 114,885 997 8,298 7,417 9,129 9,841 48,256 54,440 7,345 6,913 24,034 6,809 88,699 5,795 7,109 18,849 20,300 4,880 1,765 14,393 880 14,415 276 288 1,105 1,101 288 203 1,045 285 1,845 3,173 3,309 8,415 9,407 4,435 3,306 10,391 4,561 16,284 44,702 55,451 247,932 235,940 69,747 47,105 226,161 70,241 455,591 1,317 1,389 5,148 3,937 2,175 918 2,683 1,596 6,473 63,281 1,452,870 24,212 12,939 79,059 4,993 2,945 2,975 6,176 55,278 67,606 219,651 255,099 48,547 42,442 206,832 74,327 360,201 154,607 126,570 404,593 361,365 173,781 82,150 419,135 90,342 534,145 740 1,329,983 2,346,688 255,466 88,386 6,436 673,184 522,210 4,074,280 161,217 119,465 69,464 106,310 121,558 85,278 438,765 6,331 7,852 6,808 10,425 26,904 9,392 200,111 763 1,053 1,264 10,801 1,797 1,363 15,240 352 334 118 361 37 20 94 14 11 5 3 842 90 722 1,195 35 3,818 1,743,236 882,024 4,677,903 1,412,965 802,171 902,028 310,798 659,000 886,792 339,642 2,063,276 645,329 274,416 541,641 190,038 508,231 512,723 329,415 3,845,035 109,031 95,964 40,495 140,210 184 5,072,873 5,726,130 677,017 250,288 4,975 23,852,783 38,160,837 3,742,477 2,020,569 7,110 3,742 25,044 8,437 4,680 6,224 1,344 3,495 3,707,600 1,770,625 9,692,747 2,874,558 1,519,399 2,142,947 792,577 1,768,420 60,076 24,268,873 172 755 940 1,896 1,583 843 219 2,007 306 2,077 275,042 272,503 955,938 943,323 312,041 185,049 906,713 249,609 1,480,848 182 10,626 5,581,066 10 57 10 28 32 262 46 900 25,636 443 1,069 376,034 230,265 1,755,319 57,103 72,836 21,303 48,547 11,277 13,953 74,354 2,610 2,313 1,111 3,344 291 7 1,481 25 475 191 338 10,671 4,140 1,752,786 4,487 1,209,647 34,907 10,554,987 342,530 105 303,843 341 144,166 621 328,373 1,796 2,561,407 108,962 1,811 27,383 11,200 46,397 14,636,332 166,484 1,041,681 19,953,340 597,144 12,103 51,831 106,417 287,248 89,992,914 10,974 20,416 565 168 2,257 13 24 57 4 15 859 38 31,955 2,438 81 4 912 166,485 1,059,663 19,985,295 599,582 12,184 19,565 133,299 4 1 1 7,272 67,034 1,204 17,461 89,855 2,370 314 4,409 173 2,780 20 1 2,753 14,964 265 6 75,510 109,686 4,723 2,973 1 17,982 4,981 23,928,293 38,270,523 3,747,200 2,023,542 174 26 49 25,765 740 7 403 51,831 106,421 39,154 202,636 4,475 246,265 288,160 90,239,179 TABLE NO. 34.—Assets and liabilities of active national banks, Dec. SI, 1949—Continued LIABILITIES [In thousands of dollars] Demand deposits Location 128,580 133,157 58,369 2,434,133 218,620 554,188 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 - Time deposits 86,493 41,025 62,918 471,787 20,336 164,775 Total deposits 215,073 174,182 121,287 2,905,920 238,956 718,963 AcceptBills payable, redis- ances executed by counts, and or for acother count of liabilities reporting for banks and borrowed outstanding money1,346 340 20,631 149 133 Other liabilities 1,262 469 1,008 21,912 1,414 4,066 Capital stock l 8,140 5,785 4,753 73,846 8,820 20,981 Surplus 9,871 8,419 4,853 127,343 10,675 23,290 Undivided profits Reserves and retirement account for preferred stock 4,254 4,746 3,011 39,046 3,851 10,217 919 1,166 1,356 18,709 409 3,217 3,527,047 847,334 4,374,381 1,686 20,913 30,131 122,325 184,451 65,125 25,776 10,332,772 1,279,082 4,535,376 24,647 548,265 535,242 1,812,125 995,826 1,954,518 13,146 172,508 100,058 12,144,897 2,274,908 6,489,894 37,793 720,773 635,300 1,655 200 1,640 50,163 229 6,037 399,007 10,111 32,884 51 1,729 3,174 334,400 56,748 214,158 1,710 14,520 11,400 533,860 70,804 358,875 3,092 26,128 16,500 187,256 28,825 117,395 843 8,681 7,082 17,796 9,671 38,907 81 3,647 1,061 17,255,384 5,048,181 22,303,565 3,495 56,743 446,956 632,936 1,009,259 350,082 71,163 755,308 359,667 367,908 353,287 772,973 1,007,450 716,988 162,242 997,738 4,900,929 363,044 508,711 1,104,130 332,026 131,338 95,577 53,094 161,017 199,832 195,116 45,951 192,954 553,189 58,524 107,729 298,520 1,087,334 491,005 463,485 406,381 933,990 1,207,282 912,104 208,193 1490,692 5,454,118 421,568 616,440 1,402,650 70 1,256 332 360 5,109 1,671 2,207 2,484 6,790 5,476 4,967 538 5,334 16,019 1,587 2,271 6,527 27,131 12,560 8,725 7,475 19,222 27,625 19,280 4,508 18,098 116,968 8,630 14,230 25,161 37,818 18,265 15,306 9,588 23,455 36,825 26,283 7,604 29,630 126,061 11,134 21,093 42,514 16,160 5,912 4,997 4,152 8,075 10,628 13,199 207 12,515 56,382 7,047 6,759 14,214 4,505 1,835 1,775 1,214 7,018 5,808 4,638 256 1,124 17,167 1,320 1,245 4,115 12,370,375 2,424,867 14,795,242 1,326 22,652 60,980 309,613 405,576 160,247 52,020 17 40 1,906 9,294 10,692 ^ fc^ o W H Dhio 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 _ The Territory of Hawaii Virgin Islands of the United States. _ __ Total possessions Total United States and possessions _ _ _ 1 2,421,044 1,245,454 7,014,807 1.855.752 935.363 1.486,383 597.807 1,429,606 1.037,821 420,686 2,044,636 853,178 490,080 506.383 147,839 233,867 3,458,865 1.666,140 9,059,443 2,708.930 1,425.443 1,992.766 745.646 1.663,473 230 16,986,216 5,734,490 22,720.706 355 190,648 208 249 797,171 807,938 247,552 144,164 686,583 203 761 1,284,632 70,282 49 684 103,129 81,278 50,209 30,850 164 058 33 064 97,529 260.930 257 933 900,300 889,216 297,761 175,014 850,641 236 825 1,382,161 4,570,698 680,083 5,250,781 1,197,588 799,801 5,677,785 249,401 218,671 85 252 236,851 451,105 329,152 4,156,897 75,657 68,119 49 699 72,161 8,465,349 174 7,453 43 no 125 533 1 366 8,680 14,793 6,091 39,864 20,213 4,201 16,749 1 ,543 5,454 82,220 28,890 209,077 42,430 27,205 37,846 13,199 32,453 106,736 42,751 257,292 68,645 33,407 61,128 19,596 38,430 36,611 21,437 67,078 24,772 22,475 21,034 9,854 25,105 5,316 52,540 9,525 6,558 12,891 2,613 3,139 108,908 473,326 627,985 228,366 100,547 1,167 1 305 1,814 2,320 1,350 587 2,865 5,259 6,012 18,465 20,225 4,821 4,497 21,273 4,542 34,089 2,806 2,906 12,126 12,375 2,899 2,124 13,677 27,051 865 684 4,878 1,492 385 462 3,902 2,166 4,994 7,965 172 4,478 4,015 3,663 17,995 17,345 4,825 2,365 14,355 5,060 27,903 182 16,467 97,526 119,183 76,399 19,828 1,648,693 1,128,953 9,834,682 325,058 286,790 134,951 309,012 191 419 14,143 7,756 6,626 143,054 1,529 1,641 928 3,532 26,760 16,365 214,769 5,705 5,200 1,810 5,455 33,231 29,367 204,970 6,060 5,675 2,138 6,585 22,889 27,673 120,896 3,595 3,274 4,324 2,679 13,266 244 22,473 583 1,263 15 1,110 5,202,790 13,668,139 14,753 165,066 276,064 288,026 185,330 38,954 63,175,069 19,937,745 83,112,814 123,923 828,508 1,911,790 2,634,480 1,065,549 308,288 26,278 89,802 2,103 10,843 100,523 1,955 37,121 190,325 4,058 4 8 490 25 400 4,000 150 885 4,000 75 429 1,641 45 311 2,176 122 118,183 113,321 231,504 4 523 4,550 4,960 2,115 2,609 63,293,252 20,051,066 83,344,318 123,927 829,031 1,916,340 2,639,440 1,067,664 310,897 350 350 10 581 700 7,562 7,562 435 See classification on pp. 134 and 135. CO TABLE NO. 34.—Assets and liabilities of active national banks, Dec. 31,1949—Continued [In thousands of dollars] Loans and discounts Commer- Loans to cial and farmers diindustrial rectly guar- Other loans (in- anteed by loans to cluding the Com- farmers openmodity market Credit Corpaper) poration Location Maine . Massachusetts Rhode Island Connecticut.. Total New England States New York New Jersev Pennsylvania District of Columbia Total Eastern States Virginia North Carolina Smith Carolina Georgia - . Florida Louisiana. Texas Arkansas Kentucky Tennessee -- - - -- Total Southern States. ._ 23,937 26,581 10,782 507,410 39,467 63,396 2,241 27 826 4,707 1,912 4,772 3,042 10 1,678 Loans to brokers and dealers in securities 38 17 Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities 737 208 407 1,632 1,721 14,264 2,499 4,276 18,482 Real estate loans Other loans to Secured Secured indiby farm by resividuals Secured land (indential by other (consumer cluding properties properties loans) improve- (other than ments) farm) 1,596 1,299 3,206 1,138 79 957 14,959 14,387 12,442 66,726 7,233 45,050 5,137 3,041 3,299 44,907 2,792 13,179 17,829 15,903 15,355 170,429 12,623 44,374 Loans to banks 20 35 2,147 500 All other loans (including overdrafts) 2,707 1,526 1,082 31,607 6,414 6,384 Total gross loans 73,908 66,333 52,686 860,978 71,325 180,201 Less valuation reserves 834 427 357 17,921 1,328 3,102 Net loans t? £ £ i- 73,074 65,906 52,329 843,057 69,997 177,099 Q t~ £ ^ £ 671,573 3,094 16,121 19,152 25,129 8,275 160,797 72,355 276,513 2,702 49,720 1,305,431 23,969 1,281,462 C 2,056,721 128,994 866,083 3,759 45,685 61,946 1,588 35,258 7,385 33,358 578,050 5,238 8,695 47,974 5,593 30,537 115,642 9,029 43,488 45 5,749 5,185 3,744,537 543,512 1,796,087 13,901 134,295 147,423 68,087 5,306 20,705 5,672 2,031 71,100 35,492 97,231 1,070 11,048 14,587 21,721 15 256,624 209,013 385,925 4,532 31,650 29,386 542,518 137,483 294,502 672 486 17,341 4,924 35,374 1,271 6,430 1,441 3,676,450 538,206 1,775,382 13,883 133,519 145,982 £ g * £ ^ H 3,163,188 3,042 80,647 593,141 92,756 65,385 917,130 112,281 28,639 65,241 43,261 159,557 115,524 114,456 18,311 147,340 893,817 29,667 54,490 268,529 461 1,536 794 396 2,181 1,287 1,424 9,260 1,287 7,965 1,021 11,787 12,917 2,924 195 804 2,011 6,726 3,546 57,371 12,145 16,650 2,093 3,300 2,426 5,744 4,373 12,460 3,254 5,867 115,130 11,416 19,326 13,697 3,463 1,843 13,598 13,953 3,692 2,691 1,552 3,734 1,639 5,449 1,677 1,780 18,946 3,269 11,423 6,926 91,493 45,364 10,783 12,601 25,847 24,048 39,840 6,619 19,759 85,374 10,218 25,922 26,348 215,737 215,736 20,954 124,753 76,731 424,216 2,051,113 361 724 77 292 571 2,475 12,648 9,494 1,222 9,365 156,324 10,507 525 993 3,638 949 748 193 430 170 936 314 23,459 33,742 18 776 230,528 1,032,640 21,891 179,407 6,379,755 96,333 6,283,422 H 91,396 42,800 38,408 27,014 92,642 64,439 66,047 14,332 55,680 324,605 31,209 45,199 113,836 1,349 377,964 135,126 139,538 104,918 346,704 249,100 275,206 51,769 275,362 1,763,804 104,189 172,171 485,864 3,189 1,799 1,507 1,181 2,723 2,450 3,677 2,188 6,235 374,775 133,327 138,031 103,737 343,981 246,650 271,529 51,107 271,925 1,747,250 103,754 169,983 479,629 § £J W @ ^ 2 ^ 600 99 41 75 715 14,118 1,444 3,159 4,734 17,167 7,689 12,429 2,542 15,482 53,250 1,092 2,931 9,502 6,088 145,539 4,481,715 46,037 4,435,678 25,467 9,804 6,576 9,438 12,604 16,821 10,683 2,813 13,932 52,162 5,592 10,244 17,105 193,241 1,007,607 3 50 2,793 363 662 3,437 16,554 435 310,681 114,999 1 219,686 182,473 116,326 204,482 55,615 203,462 8,962 3,154 11,374 2,316 82 23,370 18,145 28,518 23,393 14,552 60,288 6,764 8,903 29,133 33,835 33,483 6,838 734 91,899 11,806 239 2,987 1,100 3,385 22,846 4,151 66,798 7,377 3,452 8,748 1,777 8,812 2,407,724 95,921 210,351 118,988 123,961 9,927 12 795 63,975 65,716 11,477 9,926 60,526 22,287 160,991 14,639 9,509 32,872 60,098 5,210 3,608 18,702 6,021 47,666 7,900 14,765 57,239 48,394 7,643 9,577 47,936 11,011 35,986 417,620 198,325 223,219 130,309 1,212,041 22,756 24 513 5,445 43,959 30,165 5,804 8,945 17,277 2,292 1,662,242 Total United States (exclusive of possessions)... 10,373,460 Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri _ __ _ __ Total Middle States Total Western States _ Utah Nevada Arizona 213,148 100,700 214,595 199,065 70,822 96,947 34,415 97,740 547,902 192,525 511,199 11,263 3,650 29,785 6,231 5,866 6,261 2,487 2,968 886,792 339,642 2,063,276 645,329 274,416 541,641 190,038 508,231 179,088 5,517,876 68,511 5,449,365 5 308 751 5,272 6,476 737 280 6,919 765 5,575 55,995 69,220 222,571 256,130 49,276 42,736 207,886 74,918 362,342 717 1,614 2,920 1,031 729 294 1,054 591 2,141 55,278 67,606 219,651 255,099 48,547 42,442 206,832 74,327 360,201 315 27,083 1,341,074 11,091 1,329,983 10,014 4,283 58,944 2,086 4 699 533 770 518,493 331,054 3,900,470 110,251 96,801 40,601 140,775 5,770 1,639 55,435 1,220 837 106 565 512,723 329,415 3,845,035 109,031 95,964 40,495 140,210 898,055 343,292 2,093,061 651,560 45 31,667 7,031 37,878 31,381 16,867 31,723 3,476 19,065 1,317 193,086 66,786 318,703 149,121 40,913 122,671 28,570 95,406 749 255 235 245,564 1,015,256 57,299 19,044 55,063 54,950 16,028 19,390 7,722 16,068 33 noA 9Q9 Western North Dakota South Dakota Nebraska Kansas Montana Wyoming Colorado New Mexico Oklahoma Washington Oregon California Idaho 29,386 11,886 16,542 6,307 6,617 8,451 7,870 5,215 _ Total Pacific States Alaska _ _ _ _ The Territory of Hawaii Virgin Islands of the United States Total possessions 445 1,317 1,606 4,048 6,688 748 876 3,336 1,419 6,962 6,426 12,900 13,259 19,519 7,244 8,122 23,193 13,985 25,692 2,473 2,456 7,216 5,450 2,322 3,335 12,709 3,448 10,465 12,283 13,580 31,922 39,985 13,770 6,576 33,435 15,090 67,129 240,451 2,317 13,979 27,000 130,340 49,874 233,770 1,418 135 13,848 34 487 5 16,344 16,988 133,670 13,765 7,315 2,938 23,703 264 2,742 2,285 20,440 268 1,381 440 250 9,917 93,647 6,450 54,932 56,479 1,613,064 2,702 28,901 1,474 25,101 902 16,524 1,532 39,763 25,891 20,470 173,988 6,944 5,627 4,695 1,811 105,136 89,398 606,651 15,518 23,912 9,124 28,718 64,488 214,723 16,186 27,806 79,456 1,871,932 239,426 878,457 2,400 81,329 5,138,445 65,572 5,072,873 580,607 978,029 770,738 408,384 349,121 4,531,847 1,030,988 4,444,243 34,713 17 736 997 122 3,137 12,434 195 7,328 9 5,435 7 15,766 7,337 5,442 Total United States and possessions 10,389,226 92,274 1,027,432 722 841 5,722 2,807 125 436 1,008 892 1,426 580,607 985,366 700,738 413,826 310 2,400 662,166 24,164,296 311,513 23,852,783 524 5,081 133 1,337 7,045 217 8 2,658 7 348 67,034 1,204 76 575 106 2,342 26,478 537 7 272 67,034 1,204 681 29,357 5,738 8,599 2,666 75,586 76 75,510 664,832 24,239,882 311,589 23,928,293 349,802 4,561,204 1,036,726 4,452,842 34,713 TABLE NO. 34.—Assets and liabilities oj active national banks, Dec. 31, 1940—Continued CO [In thousands of dollars] Capit al stock Location Preferred stock Maine New Hampshire Vermont ____ Massachusetts Rhode Island Connecticut New York - . New Jersey Pennsylvania Delaware Maryland District of Columbia _ - - . . - - Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee - - Total Southern States _ Banks in United States Banks in foreign countries Individuals, partnerships, and corporations U.S. Government Postal savings States and political subdivisions Banks in United States 26 862 363 42 602 907 213 4 861 383 1,475 6 20 3 69 50 15 118 91 478 1 373 307,858 27,274 70,669 836,447 8,441 163 2,245 38 291,570 42,422 127,857 992 28,369 13,136 237,-251 1 291 119 25,272 156,821 171,479 494 072 324 440 48,934 65 967 110 43,663 473,828 55 17,709 1,651,444 982,659 1,872,327 13,084 166,450 98,533 36 030 6,093 672 10 4 740 500 542 5 1,025 32,632 6,871 79,866 52 1,293 2,072 203 1,111 392 2,955 366 227 28,909 67 433 510 2 889 12,287 13,242,392 504,346 614,919 1,920,533 494,939 478,255 4,784,497 48,045 1,572 120,714 3,406 539,251 263 944 297,887 280,251 538,581 722 908 530,948 114,395 631,047 3 440 928 270,049 423 230 698,929 23,111 10 710 9,616 7,063 16 480 14 231 15,102 3,583 15 365 62 927 4,979 6 755 16,227 28 305,192 129 861 85,260 51,371 157,061 195 590 192,325 45,249 189,655 430,916 58,117 106 754 287,619 11,924 961 1 790 640 3 552 1 868 1 707 702 712 7 234 24 170 2,890 30 61 10 14,713 285 8,490 821 242 1 838 294 182 206 36 255 132 475 780 88 20,790 12 825 8,411 6,245 10 040 11 396 6 203 966 9,253 110 639 3,354 5 603 14,345 15 365 27,106 12 560 8,725 7,475 19,222 27,625 19,280 4,370 18,048 116,768 8,480 14,230 24,796 59 365 24 16 151 2,528 112 120 239 729 5,555 2 554 120 60 2,305 928 308,685 8,752,348 19,053 220,070 2,234,970 34,174 764 147,854 7,105 270 386 121,939 2,771,786 108,456 241,004 3,048 3,332 96 331,352 53,416 214,062 1,710 14,520 11,400 7,672 777 1,025,603 3,656 826 22,381 401 714 463,091 6,476 626,460 25 62,770 44 906 28,566 43,698 64,616 133 068 96,119 24,859 157,774 400 755 37,115 27 611 102,960 109,358 27 282 23,428 16,030 143,178 123 822 68,226 18,439 177 462 876 073 47,547 45 512 271,581 206,149 1,224,817 1,947,938 78 2 025 390 6,837 9 607 1 Banks in foreign countries O O 85 767 40 007 62,224 465 446 19 903 163,100 6 292 6 847 1 071 265 438 9 010 19,200 7 Certified and cashiers checks, etc.1 1 700 4 875 1 493 40 060 1 704 20,837 7 424 12 694 3 463 183 508 10 743 23,172 138 50 200 150 .__ States and political subdivisions 4 133 3 949 1,409 69 046 6 256 23,663 - -- Total Eastern States U. S. Government 109 024 104 792 50 933 1 849 219 190 544 467,274 104 - Individuals, partnerships, and corporations 8,140 5,773 4,753 73,742 8,820 20,711 12 Total New England States Common stock Time dep osits Demand deposits 38 185 o c 89 947 o t1 20 89,947 O *i o Ohio IndianaIllinois Michigan Wisconsin Minnesota Iowa Missouri . North Dakota South Dakota Nebraska Kansas Montana Wyoming Colorado New Mexico Oklahoma 1 897 695 912,404 5,135,506 1,426,516 715,659 989,582 401,336 945,204 7,204 466,122 12,423,902 4,015 3,663 17,970 17,325 4,765 2,365 14,355 5,060 27,903 169,957 170,306 588 199 563,833 189 213 104,298 556 145 145,059 915,122 3,762 5,801 19,169 13,618 3,616 2,400 17,687 3,628 32,505 6 764 21,277 45 612 146,150 35 855 22,324 34 303 41,054 158,961 8 391 9,064 138 244 76,656 15 140 12,973 70 509 10,901 159,183 97,421 3,402,132 102,186 512,300 700 26,760 16,365 214,105 5,700 5,200 1,810 4,755 964,526 640,377 4,479,864 193 089 152,257 66 936 193,296 36,810 16,843 189,878 4,499 2,284 1,941 4,603 102,118 94,514 507,050 45 762 32,717 13 868 31,050 1,369 274,695 6,690,345 256,858 827,079 25 20 60 _ - 105 Total Western States _ _ 664 5 __ -_ . . _ . _ 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 _ 1 78,826 28,835 207,508 41,430 27,155 36,716 13,199 32,453 . . _ Total Middle Western States... Washington Oregon California Idaho Utah Nevada Arizona 3 400 55 1,569 1,000 50 1,130 16,468 1,895,322 98 257 29,546 266,654 143,476 36 925 50,295 20,752 29,597 966 493 416,681 1,935,631 842,693 484,771 500,055 145,073 227,102 3 255 2,192 5,175 4,650 4 122 137 2,573 858 170 110 75 35 34 57 51 77 67,020 1,023 103,445 5,581 743 2,202 142 5,780 883 680 310 219 410 3,932 1,853 60 884 25,856 79,661 18,738 15 448 19,216 8,695 11,790 51,966 240,288 5,518,499 22,962 609 185,936 6,484 69 657 48,234 102 939 78,502 49 985 30,306 163 509 30,716 92,925 525 715 147 1,623 17 478 284 2,236 1,740 6 2 23 36 403 1 774 1,801 5 946 7,681 3 728 2,169 7 907 3,119 18,458 18 5 11 99 94 733 18 1,084 202 48 248 101 1,762 1,003 501,061 436 52,583 666,773 7,765 200 4,290 1,055 77,680 32,103 234,157 3 477 29,386 1 124 2,488 2,769 986 66,960 444,563 324,422 3,776,986 74 950 67,510 46 279 71,506 6,140 126 11,621 651 528 343 250 12 15 235 11 20 1,191 13,685 14,978 199,876 2 574 2,027 1 383 4,223 5 4,539 340,147 5 11 3,077 400 380,415 71,906 238,746 4,806,216 19,659 298 665,574 1,300,611 18,847,402 141,046 285 2,058 7 7,525 98,183 1,860 2,755 2,209 2,350 107,568 665,703 1,302,961 18,954,970 165 070 196 352 102 743 174 799 386,581 1,106,562 120,570 142,305 60 702 106 186 291,452 133,050 65,902 101,122 69,904 371,258 2 786 106 39,843 4,147 443 2,788 675,502 1,176,578 2,417,980 47,282,905 1,853,497 4,596,697 7,475,785 1 32 20,250 48,439 1,137 3,938 23,377 250 1,621 14,277 704 184 1,522 5 129 100 400 4,000 50 100 4,450 69,826 27,565 16,602 1,711 129 16,568 1,899,772 47,352,731 1,881,062 4,613,299 7,477,496 , 50 2 33 5 12 390 50 403 40 50 27,505 348,179 933 27,505 3,606 809,218 19,021 117,452 5 10 558 121 89 2 4 4,964 15 768 2 4 146,010 3,621 809,986 19,023 117,456 Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to Federal Reserve banks (transit account). CO TABLE NO. 35.—Assets and liabilities of all active banks other than national, Dec. SI, 1949 (includes State commercial, mutual savings, and private banks) ASSETS [In thousands of dollars] Location Maine _ New Hampshire Vermont Massachusetts Rhode Island Connecticut - _. __ Total New England States New York New Jersey Pennsylvania _____ Delaware Maryland District of Columbia. _ Total Eastern States Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee _ _-_ _. _ - - Total Southern States. Number of banks Loans and discounts, including overdrafts U.S. Government obligations, direct and guaranteed 63 59 38 256 20 142 141,388 145,350 136,626 1,485,371 226,853 638,902 259,225 188,754 58,423 2,675,624 446,539 1,197,292 578 2,774,490 4,825,857 Other bonds, notes, and debentures Corporate stocks, including stocks of Federal Reserve banks 7,461 2,817 6,048 32,743 8,538 49,405 43,643 26,423 6,660 363,824 53,496 171,920 7,760 24,449 2,121 67,678 27,517 46,992 107,012 Obligations of States and political subdivisions Currency and coin Balances with other banks, including reserve balances and cash items in process of collection Bank premises owned, furniture and fixtures Investments and CusReal other tomers' estate assets liability owned, indirectly on acother representceptthan ing bank ances bank premises outpremises or other standing real estate 9,087 2,454 2,656 42,257 12 838 28,699 42,785 14,551 16,366 305,633 69,004 188,892 2,779 1,870 1,849 27,022 10,785 15,460 431 428 35 968 689 1,472 95 357 1,474 428 529 145 Other assets 922 178 186 8,865 1,853 14,943 Total assets 515,576 407,274 231 327 5,011,988 858 685 2,353,977 665,966 176,517 97,991 637,231 59,765 4,023 2,354 674 26,947 9,378,827 388 10,224,111 15,066,668 147 758,851 1,507,494 352 1,217,014 2,207,993 233,871 148 304 27 112 752,908 306,963 171,834 10 139,416 531,808 1,144,917 140,100 187,195 194,502 584,013 22,010 71,297 22,696 73,973 4,049 12,450 80,573 14,827 25,625 3,571 2,833 888 205,682 46,059 78,308 6,183 21,288 8,924 5,449,038 360,108 725,941 95,934 179,510 91,997 194,018 32,388 48,094 3,201 10,512 8,761 3,989 502 4,148 320 219 175 6,890 227 8,126 656 23 1,300 73,536 133 642 5 119 148,969 12,098 17,337 1,238 12,276 1,348 33,130,199 3 059 982 5,111,743 586 590 1,383,320 441,142 12,794,659 19,940,768 915,165 2,073,845 74,435 193,266 43,712,976 843,754 455,832 1,431,575 267,645 763 576 575,580 314 575 594,831 575 830 1,343,854 404,644 1,008,373 589,717 9,169,786 128,317 366,444 6,902,528 296,974 9,353 17,222 180 106 182 126 325 132 156 178 127 459 180 294 224 302,155 139,747 423,344 64,218 283,528 133,384 98,704 144,599 137,791 411,400 88,095 306,257 198,057 309,503 202,692 514,270 96,106 245 470 280,211 106,955 198,535 182,721 427,054 163,497 422,835 199,532 22,984 13,821 77,769 23,503 21,965 26,060 20,174 84,030 72,521 70,024 20,963 18,770 41,015 9,595 5,834 37,659 4,219 2,496 1,830 1,906 3,342 2,344 8,391 3,319 12,524 4,538 1,041 1,095 1,593 173 1,266 239 193 355 714 2,154 165 914 1,861 18,913 11,945 36,736 8,197 19,419 16,223 9,797 17,080 16,564 29,809 9,515 18,694 14,797 167,510 75,056 323,816 69,581 179,547 110,527 74,505 141,951 159,142 379,652 116,719 222,406 122,980 9,184 3,458 8,697 1,220 7,203 5,536 1,680 4,168 2,770 12,600 1,988 4,589 5,562 147 68 97 66 380 116 127 215 56 1,359 37 45 277 1,123 667 321 36 2 363 1,599 1,449 7,267 279 2 168 1,421 381 536 796 1,252 346 1,303 733 2,669 2,731,279 3,349,381 513,599 97,997 11,763 227,689 2,143,392 68,655 2,990 2,992 519 19,530 1,036 89 33 153 3 406 159 6 83 45 17 5 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 Puerto Rico American Samoa __ Total possessions Total United States and possessions- 423 367 508 365 461 504 564 519 1 ,155,188 390,979 647,734 741,473 474,841 331,172 510,306 857,148 2,015,565 776,181 1,795,677 1,270,518 755,120 472,505 671,920 986,710 168,290 49,632 235,657 162,349 95,525 50,005 92,279 115,713 153 544 23,530 127 270 49,531 34,990 52,935 17,255 57,344 4,244 978 5,708 2,891 793 112 562 14,510 75,599 31,500 39,161 48,437 28,014 15,513 25,223 36,192 706,242 262,498 738,822 425,325 249,438 123,628 269,223 650,671 23,593 8,023 12,412 19,898 8,788 3,621 5,413 14,842 81?, 42 246 227 71 94 37 1 ,348 1, 277 6 5R9 12 700 503 1 33Q 136 :w 11 40 501 73 15 29 27 387 9,802 1,895 11,171 4,945 3,334 1,727 830 5,312 4,313,777 1,545,575 3,620,928 2,725,679 1,651,629 1,051,844 1,594,414 2,740,313 3 ,711 5 ,108,841 8,744,196 969,450 516,399 29,798 299,639 3,425,847 96,590 2 ,377 10, 923 1 ,083 39,016 19,244,159 109 134 290 436 72 29 72 25 187 55,178 64 435 116,140 247 854 62,173 23,858 93,545 30,181 101,857 209,464 130 524 181,697 299 716 151,865 32 901 121,721 32 491 95,756 19,412 9 837 12,049 55 133 8,591 2,419 6,524 2,690 21,235 4,316 2 149 3,594 2 251 5,539 407 1,225 151 1,801 281 79 386 383 207 52 184 41 57 3,673 3 291 4,552 9 798 4,002 1,442 4,886 2,435 5,927 42,213 42,972 72,487 156,039 67,923 25,031 65,196 23,467 67,006 484 875 1,004 2,392 691 479 980 568 1,025 2 9, 38 ?,8 4 19, 78 7? 18 13 72 5 70 1 218 116 332 551 478 31 1,154 25 679 335,241 254,280 392,279 774,532 301,473 86,632 295,498 92,204 295,434 1 ,354 795,221 1,256,135 137,890 21,433 1,670 40,006 562,334 8,498 254 472 76 3,584 2,827,573 88 51 112 29 44 3 7 154,509 50,400 1 ,101,583 43,672 97,487 11,471 27,126 221,985 78,299 1,633,707 39,306 116 295 14,052 52,124 18,086 10,251 193 287 3,648 13,746 742 8,910 15,299 252 50,495 529 2,309 3 2,109 180 47 4,538 49 306 17 71 6,598 3,294 31,375 1,850 3,723 930 3,295 56,682 28,618 581,453 20,266 62,318 5,072 18,818 2,503 1,303 28,684 651 944 342 1,881 5 80 116 8 95 1 15 28 66 21 820 311 9,590 27 378 106 491 476,716 172,921 3,638 834 110,006 297 809 32,736 114,840 334 1 ,486,248 2,155,768 248,670 70,996 5,208 51,065 773,227 36,308 320 302 4 ,027 11,723 4,843,862 353,273 1,082,834 14,444,559 34, 265 80 ,814 294,066 89,177,183 326 20,155 405 820 17,220 12 42 376 27,065 20 571 220,944 314,370 1,425 9 ,682 25 ,690,738 40,272,105 2,891,786 3,446,636 15 4 1 8 13 1 12,692 875 419 84,143 110,983 19 15,718 3,785 17,056 76,305 97,052 1,129 42 209,131 211,045 19 ,317 8,548 455 1,318 30,864 19,319 180 399 36 6 2,633 3,463 1 53 42,759 60,684 353,604 1,125,593 14,505,243 1 784 8,332 9,803 35 3,696 29,539 331 18,244 35,054 331 9 ,724 25 899,869 40,483,150 2,910,030 3,481,690 NOTE.—Figures obtained from the Federal Deposit Insurance Corporation. 566,790 2,747 1,759 1,332 13,528 23,309 84 109 387 4 ,006 90S 262 452 30 27 3 ,203 6,538 767 57 3 ,203 38,938 626,751 573,328 20 ,084 34, 322 84 ,017 333,004 89,803,934 TABLE NO. 35.—Assets and liabilities of all active banks other than national, Dec. SI, 1949 (includes State commercial, mutual savings, and private banks)—Continued QO LIABILITIES [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 - - __ — - Bills payable, rediscounts, and other liabilities for borrowed money Time deposits Total deposits 111,993 13,170 34,659 938,022 224,829 542,783 347,765 346,038 172,192 3,530,195 546,971 1,565,458 459,758 359,208 206,851 4,468,217 771,800 2,108,241 760 25 163 897 1,865,456 6,508,619 8,374,075 2,315 16,178,971 1,253,187 2,440,480 381,553 607,493 291,458 13,596,112 1,559,762 2,172,058 142,486 648,532 111,023 29,775,083 2 812,949 4,612,538 524,039 1,256,025 402,481 3,266 21,153,142 18,229,973 494,120 285,115 1,016,590 212,032 532,053 404 001 227,742 469,704 448,495 1,147,747 337,872 812,034 386,757 278,504 127,191 301,569 35,751 158,247 132 910 61,891 86,819 93,150 ]08,444 40,167 118,645 156,747 6,774,262 1,700,035 Acceptances executed by or for account of reporting banks and outstanding 644 406 470 Other liabilities 1,846 1,612 855 24,885 11,062 13,246 Capita stock x Surplus Reserves a*id retirement account for Undivided preferred profits stock and capital notes and debentures 7,127 1,609 10,728 36,787 13,700 24,581 25,334 25,148 4,540 251,911 50,031 125,250 18,560 15,518 4,488 215,296 7,202 78,401 2,191 4,154 3,702 13,351 4,484 3,788 94,532 1,050 53,506 482,214 339,465 31,670 67 228 85,588 133 642 5 50 119 239,231 18,366 26,584 3,227 8,811 3,943 538,691 1,817,801 125,403 54,750 274,053 108,520 10,514 27,306 55,165 20,131 18,575 9,650 599,694 30,599 67,493 9,213 38,573 4,954 70,845 17,782 21,846 12,058 4,446 1,539 39,383,115 3,611 86,487 300,162 742,256 2,318,303 750,526 128,516 772,624 412,306 1,318,159 247,783 690,300 536,911 289,633 556,523 541,645 1,256,191 378,039 930,679 543,504 850 210 1,106 9,603 7,017 15,007 2,920 13,095 5,452 5,727 4,447 2,324 7,053 678 5,185 1 753 51 25 363 8,474,297 3,249 519 507 90 191 150 62 7 6 83 45 17 5 7,342 2,048 17,806 627 9,053 2,494 1,046 1,434 1,792 6,311 4,808 3,488 23,105 12,755 21,010 7,884 20,418 12,926 7,565 11,717 11,917 31,585 9,123 24,283 15,461 25,783 19,172 51,428 7,670 24,973 15,954 9,634 23,196 12,463 28,575 9,421 34,125 15,625 6,246 16,680 6,385 12,338 9,269 1,700 4,505 1,217 2,089 1,982 58,708 209,749 278,019 110,613 34,632 459 874 779 920 O O 1 d Ohio ___ Indiana Illinois Michigan Wisconsin. Minnesota Iowa Missouri _ __ 2 ,188,317 1 844,634 2 ,295,077 1 ,216,864 1 083,559 1 325,686 941,224 __ 4 ,032,951 1 ,441,754 3 ,378,636 9 ,542,550 1 ,543,849 449 1 ,489,063 2 ,545,527 75 100 11 40 535 73 15 29 27 387 2 4 , 524 6 , 558 3 3 , 220 14, 770 3 , 383 1, 874 1, 473 15, 356 78,827 31,208 62,008 60,473 38,673 19,432 30,995 68,777 123,617 40,873 73,993 63,247 40,959 32,674 39,110 59,347 44,307 21,279 43,816 33,227 19,395 14,470 26,694 44,931 9 ,09! 3 863 28 ,684 11 ,339 5 ,310 4 551 6 ,977 5 ,888 1 ,117 36 1 ,105,373 2 ,089,185 778,396 530,578 383,690 456,342 11 ,049,729 6, 903,415 17 ,953,144 705 101, 158 390,393 473,820 248,119 75 ,703 219 792 199,022 328,298 637 406 239,665 65 306 215,046 76 447 245,789 94 776 39,693 36,457 85,011 48,488 15,764 60,087 10,917 25,371 314,568 238,715 364,755 722,417 288,153 81,070 275,133 87,364 271,160 50 600 111 2,001 5 70 738 997 538 209 1, 556 54 1 1, 137 4,587 4,533 9,722 20,155 4,341 2,399 6,419 1,493 6,941 5,300 4,958 5,541 13,253 3,235 1,155 4,006 231 6,246 3 853 843 270 50 6,283 5,120 10,159 16,286 4,860 1,394 6,736 2,050 7,195 2 ,226,771 416,564 2 ,643,335 2,643 76 5 940 60,083 60,590 43,925 10 ,981 161 862 98 935 1 ,698,504 76 730 163,127 20 467 80,281 281 579 63,465 1 703,542 27,001 113,732 10 412 26,769 443,441 162,400 3 ,402,046 103,731 276,859 30 879 107,050 21 2 130 545 23 380 16,717 4,467 78,266 2,170 8,255 572 3,786 6,201 1,665 45,638 1,194 4,210 446 1,066 1 860 9 299 906 2 226,500 4 ,526,406 114,233 60,420 9 ,379 45 ,369,266 35 985,106 81 ,354,372 1,597,174 3,727,179 1,553,068 290 881 27,159 24 349 10,122 95 656 155,116 11,905 2,692 9,366 105 429 102,268 391 905 387 39,064 27,041 19,488 201,085 257,384 1,292 __ 313,307 232,047 Total United States and possessions 45 ,682,573 36 217,153 __ _ __ Total Middle Western States 765,453 448,236 North Dakota South Dakota Nebraska Kansas Miontana 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 Puerto Rico American Samoa Total possessions 1 500,530 Includes capital notes and debentures. 45 978,814 272 703 6,346 3,604 78,646 2,325 6,977 603 1,660 5 ,111 2 8 152 100,161 94 ,360 547 626 5 ,090 12,523 331 827 236 118 24 57 450 925 865 1,013 600 7,105 9,945 226 2,617 1,384 1 ,094 1 374 346 405 1 ,371 3 942 753 O O ?,40 5 ,768 681 O 575 7,110 3 ,203 7 488 200 7,267 26,775 50 65 14 2 420 1 081 4 545,354 7,110 3 ,203 8 137 35,217 18,580 5,254 3 ,896 81 ,899,726 19,633 97 ,563 555 763 1,632,391 3,745,759 1,558,322 294 777 o o d (See classification on pp. 142 and 143.) Co TABLE NO. 35.—Assets and liabilities of all active banks other than national, Dec. 81, 1949 (includes State commercial, mutual savings, and private banks)—Continued [In thousands of dollars] Loans and discounts Commercial and industrial loans (including open-market paper) Location 30,217 5,601 7,840 133,839 41 448 68,145 Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Total New England States.. New York New Jersey Pennsylvania Delaware Maryland District of Columbia Total Eastern States Virginia West Virginia _. North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee _. - .- . Total Southern States Loans to farmers directly guar- Other anteed by loans to the Com- farmers modity Credit Corporation 1,301 3,219 376 5,979 1,420 29 2,713 717 Loans to brokers and dealers in securities 92 10,522 28 445 Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities Real-estate loans Other loans to Secured by Secured by individuals farm land residential Secured (consumer (including properties by other loans) improve- (other than properties ments) farm) 1,548 45 1,177 14,806 1,213 4,295 2,862 1,357 11,767 5,954 1,445 4,642 71,233 125,959 86,158 990,829 132,024 442,258 11,179 4,834 13,127 214,464 28,711 44,025 19,027 6,407 9,901 123,683 17,922 78,150 Loans to banks 267 231 470 287,090 1,330 14,424 11,087 23,084 28,027 1,848,461 316,340 255,090 968 3,460,807 131,204 327,858 43,434 57,894 31 493 1,580 886,344 2,586 21,243 2,275 460 1,028 227,484 10,221 22,517 2,403 10,809 1,292 19,085 4,061,014 7,798 378,799 12,487 385,733 5,716 49,091 10,367 100,928 73 39,361 910,738 72,423 91,677 10,866 33,337 14,739 700,337 159,485 342,731 31,379 80,345 42,895 59,821 382 460 19,347 1,426 7,139 1,655 6,112 4,052,690 2,596 35,679 913,936 274,726 55,526 5,014,926 1,133,780 1,357,172 60,134 74,864 26,872 156,931 13 935 84,860 34 904 16,721 46,269 33,807 115,011 14,613 88,458 33,715 608 678 114 6,596 9,355 5,951 49,524 14,626 1,071 1,574 9,504 3,731 9,643 4,971 14,938 6,878 12,676 15,421 7,165 65,105 13,165 25,234 18,734 166 513 1,133 5,580 13,663 1,596 5,710 2,955 1,601 4,566 771 7,141 104 532 381 740,960 103,880 207,165 13,580 174 1,648 2,373 10,554 9,149 88 836 271 100 648 300 13 5,902 1,877 14,224 7,027 18,254 4,327 16,013 4,903 8,884 11,895 8,555 8,272 6,003 35,042 23,158 77,272 47,922 55,753 15,500 67,558 30,214 19,741 16,419 25,895 36,649 14,477 49,656 41,193 16,517 12,448 29,230 2,815 14,070 10,353 5,751 8,630 13,790 16,104 4,842 17,483 9,826 104,535 34,874 129,118 15,659 66,654 37,769 25,929 30,188 37,891 109,447 17,984 74,573 64,555 52 350 53,424 166,557 498,249 161,859 749,176 1,436 929 140 135 555 131 1 62 10 Other loans (including overdrafts) Total gross loans 1,296 786 1,451 7,072 4,745 2,247 142 241 145,365 137 400 1,502,820 228 253 647,419 17,597 2,803,498 Less valuation reserves Net loans 15 774 17,449 1 400 8,517 853 141,388 145,350 136 626 1,485,371 226 853 638,902 29,008 2,774,490 171,856 10,518,413 9,220 773,462 28,897 1,240,456 1,539 148,740 309,552 8,827 9,185 140,066 294,302 10,224,111 758,851 14,611 23,442 1,217,014 148,304 436 306,963 2,589 650 139,416 229,524 13,130,689 336,030 12,794,659 5,369 2 228 5,508 3 504 4,568 6,205 1,559 2,727 5,468 5,459 1,910 11,290 4,159 59,954 304,844 140,931 429,452 64,768 285,892 134,453 99,558 146 118 139,521 413 235 88,653 309 293 199,522 3,036 1,465 2,756,240 24,961 2,689 1,184 6,108 550 2,364 1,069 854 1,519 1,730 1,835 558 302,155 139,747 423,344 64 218 283 528 133 384 98,704 144 599 137,791 411 400 88,095 306 257 198,057 2,731,279 274,328 57,575 253,675 108,396 97,968 25,505 68,557 274,154 4,734 5,819 10,654 3,182 91 23,887 58,301 30,204 29,465 42,906 59,930 41,920 49,340 66,523 149,374 67,139 26,190 107 17,296 340 407 6 525 1,428 50,388 4,113 8,100 10,203 6,072 1,264 6,532 10,699 Total Middle Western States 1,160,158 136,872 506,597 46,299 97,371 4 407 4,460 9,562 32,315 10,290 3,809 21 241 6,542 12,007 21,919 16,166 28,698 47,728 9,995 2,047 7,699 1,782 23,441 16 533 27,360 49,917 81,805 14,983 7,455 19,392 6,376 26,149 104,633 159,475 249,970 23,653 8,038 303,594 9,900 23,439 1 904 5,592 8,689 740 275 8,094 962 376,120 18,760 Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri _ North Dakota South Dakota Nebraska Kansas. __ Montana Wyoming-_ Colorado New Mexico Oklahoma _ _ __ _ __ Total Western States Washington . Oregon California _ Idaho Utah Nevada Arizona Total Pacific States Total United States (exclusive of possessions) 6,721,651 279,179 1,536,442 111 1,834 2,437 5,414 11,984 1,568 1,066 1 390 769 3,475 326 4,528 29,937 6 837 3,057 21,062 8,936 13,695 1 087 2,281 1 8 6,855 38 284 621 638 11,180 273 239 92 999 4 192 2,042 21,210 1,123 5,676 123 506 56,955 7,186 14,042 34,872 643,132 422,913 1,070,790 992,414 467,175 19 43 153 6 2 6 522 753 145 28,419 48,718 2 15,156 Total possessions 84,557 2 15,158 422,915 1,085,948 407,156 133,839 122,837 313,716 157,233 110,010 91,392 200,259 138 191 674 867 727 86 1,222 277 346 Alaska Canal Zone (Panama) Guam -. The Territory of Hawaii Puerto Rico „ American Samoa Total United States and possessions 6,806,208 44,182 33,848 15,639 31,258 42,309 34,572 45,735 31,636 4,521 6,596 8,292 30,897 11,723 4,611 12 829 6,194 8,216 68,284 22,995 24,904 52,571 46,154 26,754 21,595 56,825 1,172,946 395,086 653,772 747,457 481,164 334,657 513,375 864,154 17,758 4,107 6,038 5,984 6,323 3,485 3,069 7,006 1,155,188 390,979 647,734 741,473 474,841 331,172 510,306 857,148 667 68,624 5,162,611 53,770 5,108,841 127 376 1,443 3,147 718 86 382 262 447 55,581 65,033 117,344 248,759 63,467 23,994 94 305 30,853 102,295 403 598 1,204 905 1,294 136 760 672 438 55 178 64,435 116,140 247,854 62,173 23,858 93,545 30,181 101,857 324 320,082 1,010,320 160 1,111 1,950 2,059 6,609 3,264 1,479 3,807 1,386 2,455 4,991 5,478 11,148 33,254 10,199 3,355 26,343 7,265 25,648 93,879 24,120 127,681 6,988 801,631 6,410 795,221 72,119 20,152 502,741 6,246 29,481 3,335 9,058 25,037 6,321 101,191 1,823 10,858 1,622 2,760 13,449 9,026 139,031 6,875 12,648 3,163 6,112 511 730 16,616 649 1,193 199 30 155,109 50,752 1,123,755 43,957 98,475 11,525 27,338 600 352 22,172 285 988 54 212 154,509 50,400 1,101,583 43,672 97,487 11,471 27,126 149,612 190,304 19,928 1,510,911 24,663 1,486,248 594,098 9,635,089 2,105,793 3,689,743 20 3 462 2,340 11,852 2,382 673 1,050 7 30,782 14,232 7,449 6,901 5 14,240 1,743 48,483 16,690 992,419 481,415 5 9 73 70 31 16,750 4 866 9,839 9,493 7,336 3,619 4,503 12,218 251,145 89,018 130,738 176,378 74,245 42,444 66,791 179,561 427 121 267 4,844 10,644 19 94 94 63,299 402,615 26,165,580 98 1 100 129 12,442 16,322 100 12,670 595,841 9,683,572 2,122,483 3,706,065 63,399 12,877 875 419 84,153 111,627 19 209,970 415,285 26,375,550 474,842 25,690,738 185 10 644 839 12,692 875 419 84,143 110,983 19 209,131 475,681 25,899,869 TABLE NO. 35.—Assets and liabilities of all active banks other than national, Dec. 31, 1949 (includes State commercial, mutual savings, and private banks)—Continued (4 to [In thousands of dollars] Capital Capital notes and debentures Location Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut 237 5 033 - - 1 959 999 50 6,890 1,609 3,736 35,788 13,700 24,531 Individuals, partnerships, and corporations 91,359 10,174 27,187 774,844 178,308 459,481 U. S. Government 2,353 216 632 28,933 12 734 15,736 States and political subdivisions 12,759 1,794 5,577 63,234 22,918 36,652 Ranks in United States 2,156 785 480 39,054 2,543 18,122 Banks in foreign countries 1 697 1,435 15 5,033 3.245 86,254 1,541,353 60,604 142,934 63,140 2,148 10 092 13,011 1 968 493,505 41,439 106 552 10,489 19 242 9,650 12,131,612 1,035,743 2,125,389 302,059 504,679 270,243 467,231 36,235 90 738 28,818 19 124 6,988 384,037 122,349 90,210 37,734 45 321 7 1,918,075 26,593 103,914 4,202 31,596 8,393 649,388 511 257 - - Total Eastern States Common stock Time deposits 35 094 300 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 . Preferred stock Demand deposits 16,369,725 649,134 679,658 2,089,773 651,123 385,981 217,714 689,433 176,348 431 795 327,401 190 573 355,187 313,534 975,585 284,175 616,123 317,596 7,901 9,711 31,424 3,898 9 177 4,761 2 484 3,565 3,643 8,152 2,650 12,085 5,148 44,8 6 37,516 83,055 26,344 52 784 60,907 32 218 73,200 94,023 113,595 35,926 68,870 52,084 48,831 10,390 197,067 4,519 33,888 6,876 1,461 35,201 33,103 36,371 13,295 109,495 9,827 129 29 570 633 21,678 12 325 20,478 7 591 20 279 12,850 7 542 10,075 11 424 31,356 9 094 23,713 14,828 5,610 203,233 5,281,445 104,599 775,418 540,324 Total Southern States 906 99 713,729 17,911,725 680,877 _. 30 734 233 1,427 76 23 1,632 483 55,277 ooo 21 664 240 124 1,437 25,759 10 10 229 345,679 345,969 170,831 3,526,610 546,290 1,564,853 13 052 818 801 373 636 3,250 35,620 532 205 3,366 201 782 31,260 6,891 12,777 QQO 6,500,232 688 88 139 Individuals, partnerU. S. ships, and Govern- Postal savings corporament tions 6?8,628 13,364,938 31,756 1,543,337 32,972 2,114,238 8,740 135,810 645 629 6,039 5,594 107,773 25 201 430 Certified and cashiers' checks, etc. l 67 257 553 1,006 5 64 States and political subdivisions Banks in United States 1,698 69 1 291 2,807 213 436 44 50 228 15 6,514 337 Banks in foreign countries 21,942 17 120,689 156,596 21,942 18,930 91 6,382 9,784 15,544 923 4,409 3,799 1,006 2,551 4,192 13,491 1,826 5,461 2,102 257,513 125,748 258,883 35,235 156,483 129,357 61,553 86,460 88,301 101,226 39,792 116,462 150,524 1,352 377 2,995 7 557 574 133 357 48 238 252 1,646 95 275 244 149 5 311 241 427 13 14 5 45 19,096 620 38,862 449 528 2,418 118 2 3 174 6,931 109 504 5,984 71,470 1,607,537 8,631 1,751 78,795 268 202 680 55 368 320 65 1,200 36 28 99 3,321 3 O O 40 305 155,875 524 15,083 192 56,753 6,303 5 2 245 74 O § t1 Ohio Indiana __ Illinois Michigan Wisconsin Minnesota Iowa Missouri __ Total Middle Western States North Dakota South Dakota Nebraska Kansas Montana Wyoming Colorado New Mexico Oklahoma _ Washington Oregon California Idaho Utah Nevada Arizona _ 4,281 8,429 375,589 9,009,928 319,396 863,213 688,390 7,942 160,860 6,759,953 2,799 756 138,972 935 9 6,176 5 000 10,065 16 181 4,800 1 146 6,636 1 965 7,190 168,514 174 604 301,472 496 837 177,505 55 705 178,535 61 505 200,279 2,200 2,323 3,955 6 765 2,956 495 2,865 1 368 2,825 44,877 19 535 18,734 122 506 39,889 7 727 19,715 12 444 36,925 2,933 1,223 1,737 7,251 16,700 669 11,063 415 2,241 5 1,263 1,337 2,400 4,047 2,615 710 2,868 715 3,519 47,474 38,026 36,337 84,473 47,958 15,754 59,949 10 592 25,174 16 16 8 92 107 5 2 8 4 1 7 5 12 31 5 47,261 1,639 107 434 387 24 5 42 105 35 248 100 85 5 629 59,159 1,814,956 25,752 322,352 44,232 5 19,474 365,737 9,011 50 110 6,259 3,565 69,635 2,275 6,785 603 1,660 138,854 84,079 1,401,657 59,335 119,653 16,120 59,264 1,888 1,219 54,519 524 1,681 233 1,209 17,391 11,557 76,097 13,616 24,025 3,484 18,110 1,399 912 122,876 2,246 15,489 25 184 288 73 15,137 103 2,042 1,095 28,218 1,009 2,277 605 1,411 90,782 1,878,962 61,273 164,280 143,131 15,603 36,657 52,843 1,495,894 35,896,369 1,220,758 2,947,855 3,568,990 25 Total Western States _ 295 _ 87 39 ._ 82 __ Total Pacific States 208 Total United States (exclusive of possessions) 48,437 Alaska Canal Zone (Panama) Guam The Territory of Hawaii Puerto Rico American Samoa _ _ . __ Total possessions Total United States and possessions 1 9,171 2,246 1,122 10 19,711 30,290 966 4,930 52,247 7,028 52,843 1,531,111 36,101,611 1,256,456 3,000,102 3,576,018 200 7,267 26,775 50 22,585 9,742 7 658 67,560 97,122 575 898 14,526 2 300 5,842 11,831 301 35,217 205,242 35,698 925 _.. 48,437 1,754 1,192 715 77 85 10 105 5 316 10 136 1 83 100 258 387 50,048 134 281,502 61,352 1,617,047 26,974 113,303 10,407 26,153 31 2 2,022 2 15 5 6 36 93 1,717 2,136,738 677,827 1,057,467 35,281,922 2 5 4 2,018 82,744 25 389 14 602 2,077 37 85,782 12 34,132 3,121 11,048 2,692 9 366 104,664 50,498 387 250 17 584 171 2,537 24 308 39 164 1,406 8,406 5 100 562 35 203 51,635 2,764 10,328 178,655 350 614 52,422 680,591 1,067,795 35,460,577 34,482 3,735 32 Includes dividend checks, letters of credit and travelers ' checks sold for cash, and amounts due to reserve agents (transit account) 145 513 6,375 98 120 52 101,398 12,392 163,537 29,629 19,339 2 435 15,261 344,399 81,440 120 39,797 7,339 3,676 4,689 219 1,692 1,389 415 4,465 1,785 119,379 117,651 94,746 139,659 46,164 37 061 116,864 191,689 175 80 30 35 97 226 60 53 955 2,171 119 89,827 17,376 83,600 34,001 20,571 7,007 28,536 38,478 279 617 55 1,352 135 19 113 229 35,628 10,756 30,350 28,515 16,115 9,650 15,729 14,117 375 1,840,331 783,049 1,921,652 984,345 663,264 392 083 928,983 1,496,221 1,762,595 499,200 1,043,677 1,316,883 774,403 525,634 383,298 454,263 77,697 29,086 61,755 56,008 34,717 19 313 29,606 67,407 755 2,122 253 20 1,866 480,800 163,189 21,942 6 6 533,222 163,195 21,942 TABLE NO. 36.—Assets and liabilities of active State commercial banks, Dec. 31, 19491 ASSETS [In thousands of dollars] Number of banks Location Maine New Hampshire _ _ _ Vermont Massachusetts _ _ _ Rhode Island Connecticut 31 25 31 66 11 68 Total New England States New York New Jersey _ . Pennsylvania. Delaware Maryland -_ District of Columbia _ Total Eastern States Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee _ _ - - - Total Southern States Loans and discounts, including overdrafts U.S. Government obligations, direct and guaranteed Obligations of States and political subdivisions 92,301 34,150 72,633 382,694 137,051 253,693 95,618 41,539 35,039 612,019 306,607 359,836 6,653 1,440 5,667 27,584 8,456 47,684 Other bonds, notes, and debentures Corporate stocks, including stocks of Federal Reserve banks 6,804 5,011 4,399 51,561 13,772 16,908 1,405 3,647 1,149 3,270 14,106 4,000 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 7,140 1,299 2,097 26,859 10,930 20,002 33,335 6,085 14,173 228,407 61,776 146,161 2,160 439 1,058 11,636 9,803 10,742 119 87 18 127 16 330 Investments and other Customers' assets liability indirectly on acceptances representing bank outstanding premises or other real estate 95 1,111 428 529 145 Other assets Total assets 690 76 109 4,218 1,660 1,075 246,320 93,773 136,342 1,350,015 564,750 860,431 7,828 3,251,631 232 972,522 1,450,658 97,484 98,455 27,577 68,327 489,937 35,838 697 1,634 674 254 124 333 25 103 10 5,977,937 612,822 1,101,673 132,050 251,087 139,416 8,518,860 1,204,548 1,584,295 214,113 441,378 171,834 440,589 128,073 183,908 21,098 21,322 4,049 254,151 67,626 175,456 11,718 21,647 12,450 67,342 14,597 24,785 3,200 2,833 888 142,822 41,588 71,735 6,044 19,662 8,924 4,880,690 335,467 698,983 91,916 163,202 91,997 131,515 28,375 38,710 2,680 9,132 8,761 765 410 4,028 170 139 175 3,928 220 8,044 656 23 1,300 57,118 133 642 5 119 75,887 20,551,604 9,863 2,443,722 11,460 3,903,719 484,882 1,232 935,485 4,941 441,142 1,348 849 8,214,985 12,135,028 58,017 104,731 28,760,554 799,039 543,048 113,645 290,775 6,262,255 219,173 5,687 14,171 180 106 182 126 294 132 156 178 127 447 180 294 224 302,155 139,747 423,344 64,218 281,310 133,384 98,704 144,599 137,791 398,592 88,095 306,257 198,057 309,503 202,692 514,270 96,106 244,910 280,211 106,955 198,535 182,721 409,361 163,497 422,835 199,532 22,984 13,821 77,769 23,503 21,957 26,060 20,174 84,030 72,521 66,641 20,963 18,770 41,015 9,595 5,834 37,659 4,219 2,490 1,830 1,906 3,342 2,344 7,920 3,319 12,524 4,538 1,041 1,095 1,593 173 1,261 239 193 355 714 1,985 165 914 1,861 18,913 11,945 36,736 8,197 19,149 16,223 9,797 17,080 16,564 28,713 9,515 18,694 14,797 167,510 75,056 323,816 69,581 177,820 110,527 74,505 141,951 159,142 367,039 116,719 222,406 122,980 9,184 3,458 8,697 1,220 7,124 5,536 1,680 4,168 2,770 12,401 1,988 4,589 5,562 147 68 97 66 355 116 127 215 56 1,119 37 45 277 1,123 667 321 36 2 2,626 2,716,253 3,331,128 510,208 97,520 11,589 226,323 2,129,052 68,377 2,725 2,992 89 33 153 3 406 159 363 1,599 1,449 7,267 279 1 805 1,421 381 536 796 1,234 346 1,303 733 843,754 455,832 1,431,575 267,645 758 315 575,580 314 575 594,831 575 830 1,295,164 404,644 1,008,373 589,717 519 19,149 9,115,835 6 83 45 17 5 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) 414 356 508 355 457 503 557 519 1, 053,499 372,082 647,734 735,598 471,715 265,357 507,225 857,148 1, 896,585 745,178 1, 795,677 1, 268,535 747,227 405,048 667,491 986,710 166,871 48,895 235,657 161,867 94,670 45,249 91,773 115,713 138,183 21,958 127,270 49,326 34,861 24,999 17,255 57,344 4, 187 962 5, 708 2, 882 760 112 562 14, 510 71,626 30,495 39,161 48,182 27,818 15,156 25,096 36,192 687,827 255,387 738,822 424,130 248,118 118,990 267,374 650,671 23, 376 7, 976 12, 412 19, 841 8, 729 3, 321 5, 368 14, 842 312 42 246 222 71 94 37 1 348 1, 387 277 6, 569 12 700 217 1 339 136 11 40 501 73 15 29 27 387 3,669 4, 910,358 8, 512,451 960,695 471,196 29, 683 293,726 3,391,319 95, 865 2 372 10 637 1, 083 109 134 290 436 72 29 72 25 187 55,178 64,435 116 140 247 854 62 173 23,858 93 545 30,181 101,857 209,464 130,524 181 697 299 716 151 865 32,901 121 721 32,491 95,756 19,412 9,837 12 049 55 133 8 591 2,419 6 524 2,690 21,235 4,316 2,149 3 594 2 251 5 539 407 1 225 151 1,801 ^81 79 386 383 ^07 42,213 42,972 72 487 156 039 67 923 25,031 65 196 23,467 67,006 484 875 1, 004 2 691 47Q Q80 568 1, 025 2 2 38 28 4 184 41 57 3 673 3,291 4 552 9 798 4 002 1 442 4 886 2,435 5,927 78 72 18 13 72 1,354 795,221 1 256,135 137,890 21,433 1, 670 40,006 562,334 8, 498 254 85 50 112 29 44 3 7 87,090 40 731 1, 1-01,583 43 672 97 487 11,471 27,126 104,715 73 245 1 633,707 39 306 116 295 14,052 52,124 15,466 9 879 193,287 3 648 13 746 742 8,910 930 252 50,495 529 2 309 3 2,109 153 47 4 538 40 49,414 27 711 581,453 20 266 62 318 5 072 18,818 1, 730 1 977 28, 684 17 71 5,902 3 214 31,375 1 850 3 723 930 3,295 944 349 1 881 5 42 116 8 95 1 15 330 1 409,160 2 033,444 245,678 56,627 5 181 50,289 765,052 35 509 282 247 4, 027 9,060 19 018,499 28 718,844 2,750,994 1,288,279 189 345 969,446 13,599,949 463 260 12 017 30 153 64, 396 ?01 36 6 53 Alaska Canal Zone (Panama) Guam The Territory of Hawaii Puerto Rico American Samoa 14 4 1 8 13 1 12 442 875 419 84,143 110 983 19 15 630 3,785 17 056 76,305 97 052 1,129 Total possessions.- 41 208,881 210,957 Total United States and possessions! Includes stock savings banks. 109 1 595 8,332 9 803 35 3,696 29 539 18,244 34,865 9,101 19 227,380 28 929,801 2,769,238 1,323,144 2 707 1,759 1 332 13 528 23 309 84 8 368 455 1 318 30 864 ' 1 9 319 180 42,719 60,504 189 676 1,012,165 13,660,453 331 2 3 9,077 1,891 11,171 4,932 3,329 1,707 830 5,312 4, 052,941 1, 485,183 3, 620,928 2, 715,600 1, 638,013 880,279 1, 584,377 2, 740,313 38,249 18, 717,634 5 70 1 218 116 332 551 478 31 1 154 25 679 335 241 254 280 392 279 774 532 301 473 86,632 295 498 92,204 295,434 472 76 3,584 2 827,573 28 11 21 344 271 9,590 27 378 106 491 265,798 156 680 3 638,834 110 006 297 809 32,736 114,840 11,207 4 616,703 387 4, 006 208 262 452 30 27 3 203 6 530 767 57 3, 203 469 790 12 784 30 210 67 599 1 184,748 67 289,930 325 20 155 405 820 17 220 12 41 620 27,065 20 571 220,944 314 370 1,425 38,937 625,995 223,685 67 915,925 TABLE NO. 36.—Assets and liabilities of active State commercial banks, Dec. SI, 1949—Continued LIABILITIES [In thousands of dollars] Demand deposits Location Maine New Hampshire Vermont __ __ Massachusetts Rhode Island Connecticut 111,865 13,170 34,215 937,086 224,829 541,405 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 _ Time deposits 111,956 70,467 88,002 281,922 282,675 242,712 Total deposits Bills payable, rediscounts, and other liabilities for borrowed money 223,821 83,637 122,217 1,219,008 507,504 784,117 163 895 Acceptances executed by or for account Other of reporting liabilities banks and outstanding 1 374 760 279 350 644 406 470 11,321 6,077 5,041 Capital stock * 7 127 1,609 5,695 36,787 13,700 24,581 Surplus 2 6,440 4,772 4,047 45,651 27,106 30,678 Reserves and retirement account for preferred Undivided profits stock and capital notes and debentures 5,285 3,126 2,786 22,648 5,473 12,612 1 513 350 1,084 13,061 4,484 2,932 1,862,570 1,077,734 2,940,304 2,288 1,050 24,442 89,499 118,694 51,930 23,424 15,972,244 1,245,485 2,431,817 381,553 605,713 291,458 2,490,929 1,021,578 1,073,978 54,978 252,124 111,023 18,463,173 2,267,063 3,505,795 436,531 857,837 402,481 630 228 50 47 67,203 133 642 5 119 200,810 15,751 23,966 3,211 5,988 3,943 535,741 54,4C0 108,520 10,514 20,131 9,650 931,989 66,917 189,232 25,006 35,940 18,575 321,687 29,886 63,309 9,060 11,049 4,954 30 371 9,522 12,208 327 4,371 1,539 20,928,270 5,004,610 25,932,880 955 68,102 253,669 739,006 1,267,659 439,945 58,338 494,120 285,115 1,016,590 212,032 528,675 404,001 227,742 469,704 448,495 1,105,179 337,872 812,034 386,757 278,504 127,191 301,569 35,751 157,686 132,910 61,891 86,819 93,150 105,878 40,167 118,645 156,747 772,624 412,306 1,318,159 247,783 686,361 536,911 289,633 556,523 541,645 1,211,057 378,039 930,679 543,504 850 210 9,603 7,017 15,007 2,920 13,011 5,452 5,727 4,447 2,324 7,053 678 5,097 1 753 6,728,316 1,696,908 8,425,224 7,342 2,048 17,806 627 9,013 2,494 1,046' 1,434 1,792 6,273 51 25 363 4,808 3,488 23,105 12,755 21,010 7,884 20,240 12,926 7,565 11,717 11,917 30,461 9,123 24,283 15,461 3,249 519 58,630 208,447 1,106 507 90 191 150 62 7 6 83 45 17 5 459 25,783 19,172 51,428 7,670 24,041 15,954 9,634 23,196 12,463 26,582 9,421 34,125 15,625 6,246 16,461 6,385 12,338 9,269 1,700 4,323 1,217 2,089 1,982 275,094 110,310 34,362 874 779 920 6 O d n 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) 75 100 11 40 535 73 15 29 27 387 21,236 6,369 33,220 14,745 3,286 1,660 1,473 15,356 78,660 31,027. 62,008 60,305 38,673 19,432 30,825 68,777 109,722 37,201 73,993 63,067 39,945 20,674 38,987 59,347 43,701 20,911 43,816 33,037 19,267 13,481 26,612 44,931 8,600 3,132 28,684 11,315 5,310 4,551 6,961 5,888 17,465,627 705 1,117 97,345 389,707 442,936 245,756 74,441 314,568 238,715 364,755 722,417 288,153 81,070 275,133 87,364 271,160 50 272 5 2,001 70 1 600 111 738 997 538 209 1,556 54 1,137 6,283 5,120 10,159 16,286 4,860 1,394 6,736 2,050 7,195 4,587 4,533 9,722 20,155 4,341 2,399 6,419 1,493 6,941 5,300 4 958 5,541 13,253 3,235 1,155 4,006 231 6,246 3,853 843 1,094 1,374 346 405 1,371 942 753 416,564 2,643,335 2,643 76 5,940 60,083 60,590 43,925 10,981 86,145 47,960 1,703,542 27,001 113,732 10,412 26,769 247,950 146,895 3,402,046 103,731 276,859 30,879 107,050 21 960 432 23 380 331 827 236 703 6,346 3,604 78,646 2,325 6,977 603 1,660 3,820 1,428 45,638 1,194 4,210 446 1,066 240 5,768 255 681 2,299,849 2,015,561 4,315,410 26,869 100,161 6,105 4,081 78,266 2,170 8,255 572 3,786 103,235 57,802 8,115 466,895 1,586,903 2,268,208 2,184,180 927,593 2,295,077 1,212,709 765,453 448,236 1,097,144 2,089,185 1,606,382 458,910 1,083,559 1,320,349 766,019 372,216 382,273 456,342 3,790,562 1,386,503 3,378,636 2,533,058 1,531,472 820,452 1,479,417 2,545,527 449 11,019,577 6,446,050 219,792 199,022 328,298 637,406 239,665 65,306 215,046 76,447 245,789 94,776 39,693 36,457 85,011 48,488 15,764 60,087 10,917 25,371 2,226,771 161,805 98,935 1,698,504 76,730 163,127 20,467 80,281 45,065,353 16,657,427 61,722,780 Alaska _ Canal Zone (Panama) Guam The Territory of Hawaii Puerto Rico_ American Samoa _ _ _ __ 26,542 24,349 10,122 95,656 155,116 905 11,860 2,692 9,366 105,429 102,268 387 38,402 27,041 19,488 201,085 257,384 1,292 Total possessions 312,690 232,002 45,378,043 16,889,429 Total United States and possessions __ __ 1 2 45 270 50 5,090 5,111 9,840 75,975 949,668 209,661 970 390 200 7,267 26,775 50 600 7,105 9,945 65 226 2,617 1,384 14 2,420 1,081 4 35,192 18,555 5,211 3,895 475,032 1,622,095 2,286,763 954,879 213,556 3,203 544,692 7,110 3,203 8,137 62,267,472 16,950 79,178 o 575 840 7,110 o 596 900 118 24 57 450 7,488 Includes capital notes and debentures. (See classification on pp. 150 and 151.) Includes guaranty fund. 36 O TABLE NO. 36.—Assets and liabilities of active State commercial banks, Dec. 31,1949—Continued 00 [In thousands of dollars] Loans and discounts Location Loans to farmers Commerdirectly cial and industrial guaranteed Other by the loans (inloans to Comcluding farmers modity openCredit market Corporapaper) tion Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut Total Eastern States Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi _ Louisiana Texas Arkansas Kentucky Tennessee _ Total Southern States 1,301 3,187 92 248 5,056 1,420 717 29 2,707 10,522 28 445 Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities 1,504 45 627 13,724 1,213 4,135 Real-estate loans Secured by farm land (including improvements) 2,671 1,357 7,114 Other loans to individSecured by (conresidential Secured uals sumer properties by other loans) (other than properties farm) 1,273 2,051 24,861 21,170 34,351 81,763 55,271 87,245 985 10,466 4,834 8,878 35,778 23,673 16,167 18,062 2,881 8,077 103,249 17,922 73,512 Loans to banks All other loans (including overdrafts) 267 1,147 231 1,247 5,952 4,745 2,182 273 470 Total loans 93,145 34,165 73 138 387,355 137,936 256,937 Less valuation reserves 844 15 505 4,661 885 3,244 Net loans 92,301 34,150 72 633 382,694 137,051 253,693 275,551 1,330 13,335 11,087 21,248 15,451 304,681 99,796 223,703 968 15,546 982,676 10,154 972,522 3,426,164 131,204 326,353 43,434 54,921 31,493 1,580 19,309 1,426 7,079 1,655 6,112 874,001 2,586 21,243 2,275 12,351 7,767 11,840 5,337 9,705 120,089 45,732 72,517 10,732 23,275 14,739 689,573 158,834 340,615 31,379 71,172 42,895 165,730 9,176 27,476 1,509 7,649 9,185 6,072,974 622,202 1,118,625 132,486 253,587 140,066 95,037 9,380 16,952 73 483,118 254,956 288,811 33,380 69,052 39,361 59,732 1,028 221,327 10,221 22,517 2,403 10,768 1,292 650 5,977,937 612,822 1 101,673 132,050 251,087 139,416 4,013,569 2,596 35,581 901,593 268,528 47,073 1,168,678 287,084 1,334,468 60,045 220,725 8,339,940 124,955 8,214,985 74,864 26,872 156,931 13,935 84,430 34,904 16,721 46,269 33,807 111,542 14,613 88,458 33,715 608 678 1,133 5,580 13,663 1,596 5,710 2,955 1,601 4,566 77,272 47,922 55,753 15,500 66,885 30,214 19,741 16,419 25,895 35,232 14,477 49,656 41,193 16,517 12,448 29,230 2,815 13,953 10,353 5,751 8,630 13,790 15,606 4,842 17,483 9,826 104,535 34,874 129,118 15,659 66,168 37,769 25,929 30,188 37,891 104,976 17,984 74,573 64,555 140 52 350 5,369 2,228 5,508 3,504 4,514 6,205 1,559 2,727 5,468 5,300 1,910 11,290 4,159 304,844 140,931 429,452 64,768 283,674 134,453 99,558 146,118 139,521 400,427 88 653 309,293 199,522 2,689 1,184 6,108 6,596 9,355 5,951 49,499 14,626 1,071 1,574 9,504 3,731 9,643 4,971 14,733 6,878 12,676 15,421 7,165 62,721 13,165 25,234 18,734 1,519 1,730 1,835 558 3,036 1,465 302 155 139,747 423 344 64,218 281 310 133 384 98 704 144,599 137 791 398,592 88 095 306,257 198,057 737,061 103,794 204,576 496,159 161,244 744,219 1,436 59,741 2,741,214 24,961 Total New England StatesNew York New Jersey Pennsylvania Delaware Maryland District of Columbia 29,587 3,357 7,788 133,731 33,094 67,994 Loans to brokers and dealers in securities 174 382 460 1,648 2,373 10,493 460 513 104 532 381 7,141 929 5,902 1,877 14,224 7,027 18,254 4,327 15,821 4,903 8,884 11,895 8,555 7,887 6,003 35,042 23,158 13,580 53,424 165,980 114 9,149 88 836 271 100 648 166 771 300 13 135 555 131 1 62 10 436 2,500 550 2,364 1,069 854 2,716,253 Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa _ _ _ _ _ _ Missouri 253,371 56,998 253,675 107,674 97,968 25,505 68,381 274,154 States 67,432 21,594 24,904 52,180 45,880 13,833 21,566 56,825 239,406 88,405 130,738 174,933 74,235 42,421 65,841 179,561 46,299 97,281 261,620 1,407,162 304,214 995,540 138 191 674 867 727 86 111 1,222 277 346 1,834 2,437 5,414 11,984 1,568 1 066 1,390 769 3,475 4,521 6,596 8,292 30,897 11,723 4 611 12,829 6,194 8,216 1,111 1,950 2,059 6,609 3,264 1 479 3,807 1,386 2,455 4,991 5,478 11,148 33,254 10,199 3,355 26,343 7,265 25,648 249,970 326 4,528 29,937 93,879 24,120 127,681 6,837 3,057 21,062 8,936 13,695 1 087 2,281 1 8 6,855 38 284 621 638 11,180 273 239 4,038 2,042 21,210 1,123 5 676 123 506 6,820 3,505 101,191 1,823 10,858 1 622 2,760 12,975 9,020 139,031 6,875 12,648 3,163 6,112 730 16,616 649 1,193 92 999 23,541 13,305 502,741 6,246 29,481 3 335 9,058 56,955 7,186 14,042 34,718 587,707 128,579 189,824 422,197 1,064,530 980,071 459,051 554,779 6 20 26,190 57!753 30,204 1,137,726 136,242 504,113 4,407 4,460 9,562 32,315 10,290 3 809 21,241 6,542 12,007 21 919 16,166 28,698 47,728 9 995 2 047 7,699 1,782 23,441 16,533 27,360 49,917 81,805 14,983 7 455 19,392 6,376 26,149 104,633 159,475 23,653 8,038 303,594 9,900 23,439 1 904 5,592 8,689 740 275 8,094 962 376,120 18,760 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)_._ 6,644,660 Alaska Canal Zone (Panama) Guam The Territory of Hawaii Puerto Rico American Samoa 6,352 753 145 28,419 48,718 91 O9 QQ'7 107 17,296 340 407 6 525 19 43 153 2 4,058,246 1,005,037 3,615,435 3,410 2,314 7 5 2 15,156 11,852 2,382 673 1,050 30,782 14 232 7,449 6,901 9 73 70 31 14,738 4,796 9,839 9,448 7,336 3,619 4,126 12,218 1,066,635 375,986 653,772 741,582 478,032 266,529 510,294 864,154 13,136 3,904 6,038 5,984 6,317 1,172 3,069 7,006 1,053,499 372,082 647,734 735,598 471,715 265,357 507,225 857,148 667 66,120 4,956,984 46,626 4,910,358 127 376 403 598 262 447 55,581 65,033 117,344 248,759 63,467 23,994 94,305 30,853 102,295 672 438 55,178 64,435 116,140 247,854 62,173 23,858 93,545 30,181 101,857 6,988 801,631 6,410 795,221 503 588 352 22,172 285 988 199 30 87,678 41,083 1,123,755 43,957 98,475 11,525 27,338 54 212 87,090 40,731 1,101,583 43,672 97,487 11,471 27,126 19,920 1,433,811 24,651 1,409,160 160 94 718 86 382 94 63,210 427 121 267 4,844 10,644 1,443 3,147 389,040 19,256,256 96 1 129 100 12,442 84,387 6,729,047 15,158 5 14,240 1,743 422,199 1,079,688 980,076 473,291 556,522 2 16,322 100 4,106,677 1,021,701 3,631,757 63,310 48,431 16,664 12,627 875 419 84,153 111,627 1,204 905 1,294 136 760 237,757 19,018,499 10 644 12,442 875 419 84,143 110,983 839 208,881 185 19 19 Total possessions Total United States and possessions. _ 339,874 120,204 122,837 312,249 154,417 66,123 91,199 200,259 324 1,428 40,908 31,739 15,639 30,645 42,277 23,275 45,501 31,636 29,283 42,370 59,930 40,728 49,340 66,523 148,800 67,139 __ Total Middle Western 50,375 4,036 8,100 10,203 6,072 1,264 6,532 10,699 4,734 5,737 10,654 3,182 12,668 209,720 401,708 19,465,976 19 238,596 19,227,380 TABLE NO. 36.—Assets and liabilities of active State commercial banks, Dec. 31, 1949—Continued O [In thousands of dollars] Capital Capital notes and debentures Location Total Eastern States 35,094 Certified and cashiers' checks etcJ Individuals, partnerU.S. ships, and Governcorporament tions Postal savings States and political subdivisions 110,571 70,398 87,161 278,337 282,097 242,184 382 50 3,249 201 778 30,774 6,891 12,767 21 664 240 124 30 1,003 69 791 2,807 110 374 3,245 86,254 1,539,888 59,836 142,898 63,140 2,148 54,660 1,070,748 1,431 99 5,154 490,555 11,978,896 41,439 1,028,922 106,552 2,117,650 10,489 302,059 19,242 503,367 9,650 270,243 465,709 36,180 90,440 28,818 19,124 6,988 383,461 121,788 89,866 37,734 45,321 7 1,902,645 26,593 100,914 4,202 31,596 8,393 621,907 511 257 734 233 619,626 31,491 32,690 8,740 5,571 5,594 2,260,599 1,007,254 1,016,418 48,405 249,233 107,773 12,815 818 801 373 624 3,250 677,927 16,201,137 10,092 13,011 1,968 25,759 5 64 74 17 Banks in United States 39,792 155,781 13,136 370 192 56,493 6,200 2,245 5 678,177 2,074,343 623,642 703,712 4,689,682 18,681 91 117,866 156,348 44,896 37,516 83,055 26,344 52,638 60,907 32,218 73,200 94,023 110,918 35,926 68,870 52,084 48,831 10,390 197,067 4,519 33,851 6,876 1,461 35,201 33,103 36,072 13,295 109,495 9,827 129 6,382 9,784 15,544 923 4,403 3,799 1,006 2,551 4,192 13,098 1,826 5,461 2,102 257,513 125,748 258,883 35,235 155,922 129,357 61,553 86,460 88,301 98,831 39,792 116,462 150,524 1,352 377 2,995 7 557 574 133 357 48 238 252 1,646 95 275 244 149 5 311 241 22 427 13 14 5 45 19,096 620 38,862 449 528 2,418 118 2 3,174 6,760 109 504 5,984 268 202 680 55 368 320 65 29 570 633 7,901 9,711 31,424 3,898 9,159 4,761 2,484 3,565 3,643 7,918 2,650 12,085 5,148 5,610 201,931 5,239,309 104,347 772,595 539,988 71,071 1,604,581 8,631 1,751 78,624 76 23 1,632 483 67 257 553 1,006 o 302 647,259 532 205 0 O O 385,981 217,714 689,433 176,348 428,624 327,401 190,573 355,187 313,534 936,620 284,175 616,123 317,596 430 Banks in foreign countries 24 50 228 21,678 12,325 20,478 7,591 20,101 12,850 7,542 10,075 11,424 30,232 9,094 23,713 14,828 1,427 906 Banks in foreign countries 1 697 1,435 15 35,320 Total Southern States Banks in United States 2,156 785 480 39,054 2,543 18,122 _ - 10 10 229 States and political subdivisions 12,759 1,794 5,541 63,234 22,918 36,652 688 88 139 U.S. Government 2,342 216 607 28,483 12,734 15,454 25 201 Virginia West Virginia North Carolina South Carolina Georgia Florida Alabama Mississippi Louisiana Texas Arkansas Kentucky Tennessee Individuals, partnerships, and corporations 91,359 10,174 26,808 774,844 178,308 458,395 1,959 999 Total New England States. . Common stock 6,890 1,609 3,736 35,788 13,700 24,531 237 Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut New York New Jersey Pennsylvania Delaware Maryland District of Columbia Preferred stock Time deposits Demand deposits 1,200 36 28 99 3,321 21,942 o F F 21,942 H W O d Ohio Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri. _. North Dakota South Dakota Nebraska Kansas Montana Wyoming Colorado New Mexico Oklahoma. . 374,903 8,982,073 319,312 861,401 688,355 7,942 160,494 6,302,749 2,796 756 138,824 925 9 6,176 5,000 10,065 16,181 4 800 1,146 6,636 1,965 7,190 168,514 174,604 301,472 496,837 177 505 55,705 178,535 61,505 200,279 2,200 2,323 3,955 6,765 2 956 495 2,865 1,368 2,825 44,877 19,535 18,734 122,506 39 889 7,727 19,715 12,444 36,925 2,933 1,223 1,737 7,251 16 700 669 11,063 415 2,241 5 1,263 1,337 2,400 4,047 2 615 710 2,868 715 3,519 47,474 38,026 36,337 84,473 47,958 15,754 59,949 10,592 25,174 16 16 8 92 107 5 2 8 4 1 7 5 12 31 5 47,261 1,639 107 434 387 24 5 42 105 35 248 100 85 5 316 10 136 1 83 100 629 59,159 1,814,956 25,752 322,352 44,232 5 19,474 365,737 258 387 50,048 134 138,854 84,079 1,401,657 59,335 119,653 16,120 59,264 1,832 1,219 54,519 524 1,681 233 1,209 17,390 11,557 76,097 13,616 24,025 3,484 18,110 1,399 912 122,876 2,246 15,489 25 184 288 73 15,137 86,079 45,945 1,617,047 26,974 113,303 10,407 26,153 31 2 2,022 2 15 5 1,717 5 4 2,013 82,744 25 389 103 2,042 1,095 28,218 1,009 2,277 605 1,411 6 9,011 50 110 6,259 3,565 69,635 2,275 6,785 603 1,660 14 602 90,782 1,878,962 61,217 164,279 143,131 15,603 36,657 1,925,908 2,077 Alaska Canal Zone (Panama) Guam The Territory of Hawaii Puerto Rico American Samoa 52,843 1,490,956 35,656,325 1,217,723 2,941,702 3,553,189 650,346 1,046,068 15,959,405 Total possessions _ 375 4,465 1,785 87 39 82 Total United States (exclusive of possessions) Total United States and possessions 1 4,281 8,429 295 _.. Total Pacific States 208 43,104 9,171 43,104 1,836,636 770,808 1,921,652 980,461 663,264 392,083 920,948 1,496,221 89,819 17,305 83,600 33,996 20,571 7,007 28,536 38,478 119,221 116 440 94,746 139,410 46,164 37,061 116,670 191,689 101,398 12,357 163,537 29,629 19,339 2,435 15,261 344,399 1,754 1,192 715 2 17 584 171 2,537 24 100 562 35 203 51,635 2,764 10,325 178,610 350 614 52,422 653,110 1,056,393 16,138,015 34,224 3,735 32 52,185 7,028 52,843 1,526,148 35,861,015 1,253,421 2,993,887 3,560,217 204,690 35,698 Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account). 77 85 10 105 5 25 20 1,762 476,293 162,792 3,121 250 966 4,930 35,192 85,777 33,874 19,711 30,290 200 7,267 26,775 50 37- 11,003 2,692 9,366 104,664 50,498 387 1,122 10 898 14,526 2,300 5,842 11,831 301 12 305 39 164 1,406 8,406 5 2 184 22,033 9,742 7 658 67,560 97,122 575 900 145 503 6,375 _______ __ 81,295 120 39,797 7,339 3,673 4,689 219 1,692 1,389 415 25 Washington Oregon California Idaho Utah Nevada Arizona 175 80 30 35 97 226 60 53 955 98 120 52 Total Western States 279 617 55 1,352 132 19 113 229 35,352 10,683 30,350 28,498 16,115 9,650 15,729 14,117 2,171 119 Total Middle Western States 1,524,488 457,590 1,043,677 1,311,546 762,032 367,272 381,881 454,263 77,530 28,905 61,755 55,840 34,717 19,313 29,436 67,407 755 2.122 253 21,942 6 6 528,715 162,798 21,942 TABLE NO. 37.—Assets and liabilities of active mutual savings banks, Dec. SI, 1949 ASSETS [In thousands of dollars] Obligations of States and political subdivisions 808 1,377 381 5,159 82 1,721 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 6,355 20,802 972 64,408 13 411 42,970 1,947 1,155 559 15,398 1 908 8,593 9,450 8,466 2,193 77,226 7 228 42,501 619 1,431 791 15,386 982 4,587 312 341 17 841 673 1,074 Corporate stocks, including stocks of Federal Reserve banks 36,839 21,412 2,261 312,263 39 724 155,012 Other bonds, notes, and debentures Investments and other Customers' assets liability indirectly on acceptrepresentances ing bank outstandpremises ing and other real estate Number of banks Loans and discounts, including overdrafts U.S. Government obligations, direct and guaranteed 32 34 7 190 9 72 49,087 111,200 63,993 1,102,677 89 802 384,584 163,607 147,215 23,384 2,063 605 139 932 836,967 344 1,801,343 3,374,710 9,528 567,511 148,918 29,560 147,064 23,796 3,258 720 130 23 6,485,718 302,946 592 705 19,758 311,530 43,458 12,027 9,551 912 1,374 890,558 119,569 401 979 59 579 52,326 7,233 230 155 371 62,533 4,471 5 805 139 1,626 512,573 24,641 23 459 4,018 16,308 62,383 4,013 9,147 521 1,380 3,197 92 32 150 80 2,962 82 2 9 4,187,989 146,029 109 320 16,254 55,876 71,178 12,329,782 2,235 616,260 5,278 1,157,513 6 101,708 7,335 447,835 171 4,515,468 7,712,657 67,322 1,524,011 7,989 74,574 580,999 77,444 3,551 3,051 86,032 14,653,098 3 4 4 1 99,443 15,773 3,126 65,815 117,120 25,926 7,893 67,457 673 113 855 4,756 15,346 1,568 129 27,936 57 16 33 3,804 304 196 357 17,283 3,556 1,320 4,638 205 19 59 300 286 724 4 5 20 12 184,157 218,396 6,397 44,979 106 4,661 26,797 583 286 753 487,115 3 1 67,419 9,669 117,270 5,054 2,620 372 14,369 27 696 80 7,268 907 773 26 38 55 476 40 210,918 16,241 Total Pacific States 4 77,088 122,324 2,992 14,369 27 776 8,175 799 38 55 516 227,159 Total United States 531 86,239 2,150,870 157,040 109,571 763,035 102,622 6,847 4,112 Location Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut - - Total New England States_. New York New Jersey Pennsylvania Delaware Maryland Total Eastern States Ohio Wisconsin Minnesota Total Middle Western States. Washingt on Oregon 6,578,056 11,428,087 357 363 Other assets Total assets 232 102 77 4,647 193 13,867 269,256 313,501 94,985 3,661,973 293,935 1,491,876 19,118 6,125,526 254,655 47,279 13,616 171,565 106,419 21,492,898 TABLE NO. 37.—Assets and liabilities of active mutual savings banks, Dec. SI, 1949—Continued LIABILITIES [In thousands of dollars] Demand deposits Location Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut _ New York New Jersey Pennsylvania Delaware Maryland— _ _-- _ _ __ _ __ _ __ Total Eastern States Ohio _ Indiana Wisconsin Minnesota _ _ Total Middle Western States Washington Oregon _ __ Total Pacific States Total United States 1 Includes guaranty fund _ __ Total deposits 293 235 809 275.571 84,190 3,248,273 264,296 1,322,351 235 937 275,571 84 634 3,249,209 264 296 1,322,644 1,801 5,430,490 5,432,291 128 444 936 Total New England States Time deposits 3,865 7,702 Bills payable, rediscounts, and other liabilities for borrowed money Acceptances executed by Other or for account of reporting liabilities banks and outstanding 472 25 1,333 505 2 27 13,564 4,985 8,196 29,055 11,105,939 545,886 1,062,073 87,508 398,188 36,048 2,615 1,999 1,780 11,102,074 538,184 1,061,616 87,508 396,408 13,804 13,185,790 13,199,594 43,501 457 Capital notes and Surplus 1 debentures 5,033 5,033 300 16 2,823 300 18,894 20,376 493 206,260 22,925 94,391 Undivided profits 13,275 12,392 1,702 192,648 1,729 65,789 Reserves and retirement account for capital notes and debentures O 678 W 290 8 3,804 2,618 856 363,339 287,535 8,246 872,950 58,486 79,961 2,300 19,225 277,988 36,857 8,260 9,296 11,731 1,032,922 310,562 66,219 316 491 726 989 713 4,184 153 27,524 235,982 39,637 12,377 158,362 236 871 42,897 12,377 158,362 3 277 175 97 214 4,149 446,358 450,507 3,763 29,939 1,689 1,217 57 195,434 15,505 195,491 15,505 1,170 10,612 2,381 1,264 113 386 237 210,939 210,996 1 283 10,998 2,618 1,264 5,333 1,437,198 602,404 76,946 889 57 19,811 19,273,577 19,293,388 27 77,602 256 128 I 75 13,700 3,225 1,014 12,000 3,260 O tt H O d w a TABLE NO. 37.—Assets and liabilities of active mutual savings banks, Dec. 31, 1949—Continued Ox [In thousands of dollars] Loans and discounts Commercial and industrial loans (including open-market paper) Location Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut- ._ _ Other loans to farmers 630 2 244 52 108 8,354 32 128 923 11,388 1,083 Loans to brokers and dealers in securities Other loans for the purpose of purchasing or carrying stocks, bonds, and other securities 44 191 4,653 4,969 172 2,586 — 20,472 Net loans 4,423 60 12,571 1,543,591 216,510 31,172 2,046 1,820,197 18,854 1,801,343 790,645 26,691 18,618 134 10,062 10,532 651 551 4,387,121 151,260 115,810 16,254 55,965 199,132 5,231 6,490 9,173 1,306 44 1,300 30 1,178 89 4,187,989 146,029 109,320 16,254 55,876 846,150 20,907 3,858 4,726,410 210,942 4,515,468 . ..... 713 965 3 526 1,824 20,434 149 513 204 1,120 49,096 111 200 64,262 1,115,465 90,317 389,857 9 269 12,788 515 5,273 49,087 111 200 63,993 1,102,677 89 802 384,584 41 8,332 3,844,115 71 13 77 3,157 1,897 32 11,297 66,756 12,252 2,816 43,887 765 1,310 274 12,921 10,921 328 10 23 1,981 29 104 065 15,964 3 132 68,128 4 622 191 6 2,313 99 443 15,773 3 126 65,815 71 90 16,383 125,711 15,270 11,282 2,010 191,289 7,132 184,157 154 48,578 6,847 18,217 2,816 474 6 8 67,431 9,669 12 67,419 9,669 154 55,425 21,033 480 8 77,100 12 77,088 37,440 5,568,842 1,098,963 63,841 7,922 6,814,996 236,940 6,578,056 Total Pacific States 34,833 Less valuation reserves 1,836 — Total United States Total gross loans 4,249 178,686 5,038 27,824 -. Total Middle Western States All other loans (including overdrafts) 41 20,472 Ohio Indiana Wisconsin Minnesota Loans to banks 34 2,973 2,973 Other loans to Secured by individuals residential Secured (consumer properties by other loans) (other than properties farm) 46,372 104,789 51,807 909,066 76,753 354,804 _ __ Total Eastern States. Secured by farm land (including improvements) 6,734 3,577,870 31 123,843 526 94,815 379 15,711 662 31,876 34 New York New Jersey Pennsylvania Delaware Maryland R«al-estate loa ns 550 1,082 160 Total New England States. _ Washington Oregon Loans to farmers directly guaranteed by the Commodity Credit Corporation 1,188 1,967 TABLE NO. 37.—Assets and liabilities of active mutual savings banks, Dec. SI, 1949—Continued [In thousands of dollars] Time deposits Demand deposits Location Individuals, partnerships, and corporations Maine New Hampshire Vermont Massachusetts Rhode Island Connecticut States and polit- Banks in United ical subStates divisions 11 New York New Jersey _ Pennsylvania Delaware _ Maryland _ Certified and cashiers' checks, etc. 1 Postal savings 695 6 768 36 613 5,429,089 6 1,360 35 93 6,821 1,517 55 298 12 561 2 243 265 159 237 13 1,947 49 154 468 11,101,775 536,083 1,061,616 87,405 396,396 573 3,135 13,183,275 249 616 256 26 235,848 39,627 12,371 158,362 8,226 1,870 625 2,518 8 65 3,143 Total Pacific States 4 486 35 11,753 73 616 56 1 195,423 15,407 56 1 210,830 2,767 1,226 35 35 282 4,030 446,208 19,269,402 6 500 20 103 62 15 o o 103 12 si 2,063 203 o 134 10 3 3 3 137 10 5 11 93 258 includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account). States Banks in Banks in and polit- United foreign ical subcountries States divisions 282 Washington Oregon _ Total United States U.S. Government 5 117 36 _ __ Total Middle Western States Individuals, partnerships, and corporations 384 25 150 1,312 Total Eastern States Banks in foreign countries 235,108 275,571 83,670 3,248,273 264,193 1,322,274 379 Total New England States Ohio . Indiana Wisconsin. _ Minnesota.- _ U. S. Government 5 104 3,565 352 d TABLE NO. 38.—Assets and liabilities of active private banks, Dec. 81,1949 ASSETS [In thousands of dollars Number of banks Location Connecticut New York Pennsylvania.__ Loans and discounts, including overdrafts U.S. ObligaGovernOther tions of ment ob- States and bonds, Corporate ligations, political notes, and stocks direct and subdivi- debentures guaranteed sions 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 Other assets Total assets 2 625 489 22 104 230 131 68 1 1,670 4 12 58,185 6,021 62,090 30,993 47,761 1,043 208 6,578 5,998 685 327 768 55 775 3,499 120 237 27 88 16 418 1,904 599 248 813 50,511 16,418 18 64,831 93,572 48,804 6,786 6,705 1,199 59,504 488 183 2,504 300,994 31 12 2 218 12,808 560 17,693 8 3,383 6 471 5 169 270 1,096 1 727 12,613 79 199 25 240 363 18 5 261 48,690 43 15,026 18,253 3,391 477 174 1,366 14,340 278 265 381 53,951 6 7 10 7 2,246 3,124 5,875 3,081 1,860 5,077 1,983 4,429 746 624 482 506 15 4 205 169 701 255 127 1,132 3,555 1,195 1,849 12 28 57 45 1 9 5 13 6,181 13,113 10,079 10,037 Total Middle Western States- 30 14,326 13,349 2,358 224 9 1,252 7,731 142 5 14 39,410 Total United States (exclusive of possessions) 91 94,183 125,174 54,553 7,487 6,888 3,817 81,575 908 453 2,899 394,355 1 250 88 40 180 8 1 756 92 94,433 125,262 3,857 81,755 916 2,900 395,111 Total Eastern States Georgia Texas Total Southern States Ohio Indiana Michigan Iowa _ - Alaska Total United States and possessions - __ __ 189 54,553 7,676 6,888 453 16,418 16,418 I o 1 a TABLE NO. 38.—Assets and liabilities of active private banks, Dec. 31, 1949—Continued LIABILITIES [In thousands of dollars] Demand deposits Location Connecticut New York Pennsylvania _ ._ _._ — __ _ Total Eastern States Georgia Texas _ - Total Southern States Ohio Indiana Michigan Iowa - ---- - - Total Middle Western States Total United States (exclusive of possessions) _ _Alaska - -Total United States and possessions -- Time deposits Total deposits Bills pay- Acceptances able, redis- executed by or for counts, account of and other reporting liabilities for borrowed banks and outstanding money Other liabilities Capital stock Surplus Undivided Profits i Reserves 3 W 1,085 395 1,480 202,862 8,206 3,109 36,464 205,971 44,670 2,636 20 18,385 2,373 619 2,950 12,862 4,860 19 3,617 342 212,153 39,968 252,121 2,656 18,385 3,001 2,950 17,903 19 3,959 3,378 42,568 561 2,566 3,939 45,134 40 38 178 1,124 932 1,993 84 219 88 182 45,946 3,127 49,073 78 1,302 2,925 303 270 3,248 10,371 4,155 8,229 2,270 1,983 5,337 1,417 5,518 12,354 9,492 9,646 11 14 25 167 181 168 170 195 447 180 123 5 24 16 26,003 11,007 37,010 50 686 945 290 112 190 82 674 45 284,102 54,102 338,204 21,773 996 4,274 617 45 662 284,719 54,147 338.866 9 181 8 o a 2,656 18,385 3,129 4,938 25 25 43 1 2,656 18,385 3,129 4,963 21,798 1,039 4,275 TABLE NO. 38.—Assets and liabilities of active private banks, Dec. 31, 1949—Continued Ox QO [In thousands of dollars] Loans and discounts Location Connecticut New York Pennsylvania,. Total Eastern States Georgia Texas Total Southern States Commercial and industrial loans (including open-market paper) Loans to farmers directly guaranteed by the Commodity Credit Corporation Other loans to farmers 151 6 34,643 1,505 4 60 12,343 6,157 36,299 70 12,343 6,157 Real-estate loans Secured by farm land (including improvements) Total gross loans Less valuation reserves Net loans H 5 209 34 215 5 625 4 542 232 1,565 89 4,820 121 58,318 6,021 133 121 26 2,107 58,185 6,021 8 126 2,342 580 2,012 89 4,946 64,964 133 64,831 H 625 673 1,417 117 498 486 4,471 54 159 2,218 12,808 2 218 12,808 3,899 86 2,589 577 2,090 615 4,957 213 15,026 15,026 82 117 212 613 234 526 1,383 1,467 193 87 91 391 29 818 285 1,445 950 31 41 45 377 2,246 3,136 5,875 3,081 1,176 3,569 598 3,498 494 14,338 12 14,326 1,879 8,001 1,793 10,467 5,653 94,328 145 94,183 52 26 2 250 8,053 1,819 5,655 94,578 548 630 2,413 Total United States (exclusive of possessions) 42,158 716 5,072 o w o 192 385 1,960 12 2 246 3,124 5,875 3,081 d 12,343 6,157 170 All other loans (including overdrafts) 205 2,384 Total Middle Western States Total United States and possessions - - Loans to banks 61 25 182 465 1,192 574 Alaska Other loans to Secured by individuals residential Secured properties by other (consumer loans) (other than properties farm) 430 3,469 485 577 722 176 Ohio Indiana Michigan Iowa Other loans for the Loans to purpose of brokers purchasing and or carrying dealers in stocks, securities bonds, and other securities 42,328 716 5,072 12,343 6,157 1,879 10,467 89 89 250 145 94,433 TABLE NO. 38.—Assets and liabilities of active private banks, Dec. 31,1949—Continued In thousands of dollsirs] Time deposits Demand deposits Location Individuals, U. S. partnerships, Governand corpoment rations 1,081 Connecticut New York Pennsylvania Total Eastern States __ ._ _ Georgia Texas Total Southern States Ohio Indiana Michigan Iowa Total Middle Western States Total United States of possessions) _ (exclusive Alaska _ _ Total United States and possessions _ __ 1 Certified States Banks in Banks in and and cashiers' political United foreign subcountries checks, States etc. 1 divisions Individuals, U. S. partnerships, Governand corpoment rations Postal savings States and political subdivisions Banks in Banks in foreign United States countries o 4 395 152,623 7,739 5 564 344 15,430 27,481 6,759 123 2,564 36,204 500 260 45 161,443 5 908 15,430 27,481 6,886 39,163 760 45 3,171 38,965 18 234 37 299 6 393 561 2,395 171 42,136 252 146 2,677 2,823 336 399 2,956 171 3,070 9,723 3,884 8,035 158 595 249 194 20 47 17 2,259 1,983 5,337 1,417 11 6 5 24,712 11 1,196 84 " 10,996 11 228,291 268 4,927 7,369 53,115 942 3 45 552 228,843 15,766 27,481 62 268 4,989 15,766 27,481 7,372 53,160 O w H O O o O 45 d 942 45 Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account). O CD 160 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 39.—Per capita demand and time deposits of individuals, partnerships, and corporations in all active banks, Dec. 81, 19^9 Population (approximate) Location Deposits of individuals, partnerships, and corporations (in thousands) Tota 1 Maine _ __.. ___ New Hampshire Vermont Massachusetts Rhode Island Connecticut 917, 000 544 000 368 000 4,729 000 743, 000 2,031, 000 Total New England States New Jersey Pennsylvania Delaware Maryland District of Columbia 9,332 000 _-. New York _. _ 14,452 4,965 10,647 319 2,197 859 000 000 000 000 000 000 Total Eastern States.._ 33,439 000 Virginia West Virginia North Carolina South Carolina Georgia Florida __ _ _ _ _ _ Alabama Mississippi Louisiana Texas ._ Arkansas Kentucky Tennessee. __ _ _ __- Total Southern States _. Ohio _ Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri - 3,151 1,962 3,954 2,014 3,243 2,573 2,968 2,143 2,667 7,713 1,991 2,942 3,289 000 000 000 000 000 000 000 000 000 000 000 000 000 40,610 000 8,116 000 4,052 000 8,371 000 6,456 000 3,391 000 3,007 000 2,663 000 3,945 ,000 $631 500 311 6, 616 935 2, 654 829 942 175 119 045 708 11, 649 818 34, 820 4, 587 9, 768 473 1, 718 939 771 342 780 334 472 640 52 308 339 1 487 737 1 331 543 1 283 1 375 975 601 1 222 4 948 652 1 262 1 454 937 267 463 205 920 256 399 291 537 655 133 569 668 17 876 300 6 2 10 4 2 2 1 3 467 ,114 611 ,334 036 466 570 ,437 638 ,097 407 ,354 858 690 122 ,790 Per capita Demand Time Total Demand $200 383 114, 966 78, 120 2,624, 063 368, 852 926, 755 $431,446 385,976 233,055 3,992,056 566,193 1,727,953 $689.02 920.85 845.58 1 ,399.05 1,258.47 1 ,307.09 $218.52 211.33 212.28 554.89 496.44 456.30 $470 50 709 52 633 30 844.16 76? 03 850 70 4,313, 139 462.19 786 18 Time 7,336,679 1 ,248.37 19,804,"389~ 15,016,382 2,061, 346 2,525,996 5,782 215 3,986,565 324, 440 148,894 906 393 812,079 733 334 206,306 ,409.41 923.94 917.51 1 ,483.81 782.19 1 ,093.88 29,612 117 22,696,222 1 ,564.29 885.56 678 73 232 658 320 599 376 309 521 582 581 513 224 353 525 562,705 255,609 3^4,143 86,606 313,544 324,947 253,878 131,709 277,956 532,142 97,909 223,216 438,143 472.21 375.77 336.74 269.71 395.91 534.50 328 64 280.58 458 39 641.60 327 54 429 15 442.28 293.63 245.49 249.70 226.71 299.22 408.21 243.10 219.12 354.17 572.61 278.36 353.28 309.07 178 130 87 43 96 126 85 61 104 68 49 75 133 14,033 793 3,842,507 440.19 345.57 026 453 158 861 923 665 319 425 2,729,088 915,881 2,979,308 2,159,576 1,259,174 1,025,689 528,371 681,365 796 84 644.46 1 ,198 96 707.94 777.97 800.58 697 97 791.58 460.58 418.43 843.05 373.43 406.64 459.48 499.56 618.86 336 226 355 334 371 341 198 172 925 481 987 456 970 1,050 721 469 944 4,416 554 1,039 1,016 3,738 1,695 7,057 2.410 1,378 1,381 1,330 2,441 1,370.36 1,039.05 415.18 508 76 543.08 374.43 1,017.06 466 75 412.56 369 63 853.71 240 17 58 04 00 60 54 46 99 00 18 87 21 94 62 OS 01 33 10 41 72 Total Middle Western 40,001 ,000 33 712 ,282 21,433 830 12,278,452 842.79 535.83 306 96 _ 630 000 665 ,000 1,282 000 1,944 ,000 528 000 290 000 1,245 ,000 600 ,000 2,281 ,000 455 60? 431 ,170 1 0?8 947 1 223 ,645 464 ,661 206 ,063 958 ,138 247 ,872 1 233 ,500 338 471 344 910 889 671 1,060 670 366 ,718 160 003 734 680 206 564 1,115 401 117,131 86,260 139,276 162,975 97,943 46,060 223,458 41,308 118,099 723 18 648.38 802 61 629.45 880.04 710.56 769.59 413.12 540.77 537 26 518.66 693 97 545.61 694.54 551.73 590.10 344.27 489.00 185 129 108 83 185 158 179 68 51 Total Western S t a t e s - 9,465 ,000 6 249 ,598 5,217 088 1,032,510 660.29 551.20 109 09 States North Dakota South Dakota Nebraska _ _ Kansas Montana Wyoming Colorado New Mexico Oklahoma Q9 79 64 84 50 83 40 85 77 161 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 39.—Per capita demand and time deposits of individuals, partnerships, and corporations in all active banks, Dec. 31,1949—Continued Population (approximate) Location Washington Oregon California. Idaho Utah Nevada Arizona _ __ ._ Deposits of individuals, partnerships, and corporations (in thousands) Per capita Total Demand Time Total $2,640,000 1,798,000 11,025,000 625,000 698,000 191,000 789,000 $1 ,829,445 1,110,230 11 ,275,554 354,348 452,723 139,742 350,219 $1 103,380 724,456 5 881,521 252,424 271,910 83,056 252,560 $726,065 385,774 5,394,033 101,924 180,813 56,686 97,659 $692.97 617.48 1,022.73 566.96 648.60 731 63 443.88 $417.95 402.92 533.47 403.88 389.56 434 85 320.10 17,766,000 Demand Time $275 214 489 163 259 296 123 02 56 08 04 78 78 15 ,512,261 8 569,307 6,942,954 873.14 482.34 390 80 Total United States (exclusive of possessions) 150,613,000 137 ,308,598 83 179,274 54,129,324 911.66 552.27 359 39 61,408 12,434 17,024 318,846 147,620 962 42,835 9,742 7,658 115,999 97,122 575 18,573 2,692 9,366 202,847 50,498 387 614.08 270.30 630.52 631.38 66.77 60.13 428.35 211.78 283.63 229.70 43.93 35.94 185.73 58.52 346.89 401.68 22.84 24 .19 Total Pacific States Alaska . _ Canal Zone (Panama) Guam_ _ _ _ _ . The Territory of Hawaii Puerto Rico __ _ American Samoa Virgin Islands of the United States 100,000 46,000 27,000 505,000 2,211,000 16,000 28,000 2,997 1,137 1,860 107.04 40.61 66 43 2,933,000 561,291 275,068 286,223 191.37 93.78 97 59 Total United States and possessions 153,546,000 137 ,869,889 83 454,342 54,415,547 897.91 543.52 354 39 Total possessions TABLE NO. 40—Officials of State banking departments and number oj each class of active banks in December 1949 State commercial Total Location Maine New Hampshire Vermont Massachusetts._ _ Rhode Island Connecticut- _ __ _ Titles Names of officials Homer E. Robinson Clyde M. Davis Donald _vl Hemenway Timothy J. Donovan Alexander Chmielewski Richard Rapport Bank Commissioner Elliott V. Bell Christopher A. Gough Superintendent of Banks _ _ _ _ _ Acting Commissioner of Banking and Insurance Secretary of Banking State Bank Commissioner Bank Commissioner _ _ _ _ __ do Commissioner of Banking and Insurance _ _ Commissioner of Banks Bank Commissioner do Total New England States New York New Jersey D Emmert Brumbaugh John C Darby Delaware J. MillardTawes Maryland District of Columbia Total Eastern States Commissioner of Banking South Carolina Florida Louisiana Texas Kpntuckv Tennessee M^ilton R Morgan do John H Hoffman Commissioner of Banks Gurney P Hood Chief Bank Examiner W. Royden Watkins Superintendent of Banks A P Persons Comptroller State of Florida C. M. Gay Superintendent of Banks Brooks Glass State Comptroller _ __ C T Johnson State Bank Commissioner J. S. Brock Commissioner, Department of Banking J M Falkner __ Edward J M^cKinley Jr. State Bank Commissioner Commissioner, Department of Banking, __ H H Carter Superintendent of Banks _ __ H. B, Clarke Total Southern States of banks 63 Insured Insured MemNonNonbers members insured Federal Federal Reserve Reserve System System 5 16 10 1 1 25 2 16 5 29 32 3 32 19 1 9 6 20 578 50 117 388 176 75 147 352 112 10 73 109 4 16 6 1,036 180 106 182 59 38 256 20 142 27 126 325 132 156 178 127 459 180 Private Mutual savings MemNonNonbers members insured Federal Federal Reserve Reserve System System 6 Noninsured 26 34 7 190 3 9 69 2 65 16 328 2 3 130 47 218 20 85 4 4 6 23 7 384 449 16 72 34 8 108 68 172 8 16 12 23 7 11 131 16 101 261 116 132 167 115 279 153 1 2 4 2 2 7 162 9 12 16 4 2 17 17 4 1 31 4 1 37 12 11 294 224 20 10 250 206 24 8 2,669 368 2,128 130 43 Ohio. _____ Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri _ Paul A. Mitchell Superintendent of Banks__ Joseph McCord Director, Dept. of Financial Institutions Auditor of Public Accounts Benjamin 0 . Cooper Commissioner, State Banking Department-. Maurice C. Eveland Guerdon M. Matthews - Commissioner of Banks do.. _ . . . . ._ Karl 0 . Sattre Superintendent of Banking N P. Black Harry G. Schaffner Commissioner of Finance Total Middle Western States North Dakota South Dakota _ Nebraska Kansas Ivlontana Colorado New Mexico Oklahoma State Examiner J. A. Graham __ . Verne W. Abeel. _ _ __ Superintendent of Banks Director of Banking _ _ _ J. Floyd McLain State Bank Commissioner B. A. Welch Superintendent of Banks W A Brown State Examiner Norris E Hartwelf State Bank Commissioner Frank E. Goldy State Bank Examiner Woodlan P. Saunders Bank Commissioner R. B. Patton __ _ . Total WesternStates Washington Oregon _ _ California Idaho Utah Nevada Arizona Total Pacific States. J. C. Minshull A. A. Rogers Maurice C, Sparling E. F. Haworth Roy "W. Simmons Grant L. Robison D 0 Saunders Frank A. Boyle Alaska Canal Zone (Panama) The Territory of Hawaii. Puerto Rico Supervisor of Banking._ __ _ _ __. Superintendent of Banks _ _ _ _ do • _____ Commissioner of Finance,_ _ _ _ _ Bank Commissioner Superintendent of Banks. _ _ _ _ __ do Secretary, Territorial Banking Board. Bank Examiner Treasurer __ 3 2 423 367 508 365 461 504 564 519 183 111 123 153 69 28 64 101 225 2 241 369 187 379 453 443 391 6 5 16 15 9 22 50 27 2 3,711 832 2,688 150 3 109 134 290 436 72 29 72 25 187 2 27 17 41 45 15 15 9 25 102 107 219 246 27 14 48 16 151 5 1,354 196 930 228 88 51 112 29 44 3 7 16 9 25 11 20 1 2 66 39 76 17 24 2 4 3 2 11 1 334 84 228 18 15 4 1 8 13 1 2 12 4 1 7 13 1 1 42 3 38 1 6,543 645 1 1 1 1 1 6 6 10 1 7 7 2 29 54 149 9 11 3 1 1 4 Virgin Islands of the United States Total possessions Total United States and possessions 9,724 1,914 3 189 339 91 1 Includes stock savings banks. 2 Includes 1 private bank. CO TABLE NO. 41.—Assets and liabilities of all active banks, 1987 to 1949 Amounts in thousands of dollars. For prior figures, revised for certain years and made comparable to those in this table, references should be made as follows: Years 1834 to 1913, inclusive, Comptroller's Annual Report for 1931; figures 1914 to 1919, inclusive, report for 1936, and figures 1920 to 1936, inclusive, report for 1939.] Number of banks Loans and discounts, including overdrafts U. S. Government obligations, direct and guaranteed Other bonds, stocks, and securities Balances with other banks l Cas Other assets Total assets Capital 2 Surplus and net undivided profits 3 Total deposits Bills payable and rediscounts, etc. Other liabilities O JUNE 30 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 DEC. 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 19481949 1 1 s 99 ,698 176 15 ,580 15 ,341 15 146 15 ,017 14 919 14 ,815 14 661 14 ,598 14 587 14 ,626 14 755 14 759 14 ,697 ,311 161 91 516 279 ?9 , 557 670 95 543 438 ,178 305 9? ,3?4 053 95 504 338 98 09? 140 31 693 492 38 578 709 45 379 380 47 ,366 ,715 15 ,463 15 965 15 ,096 14 956 14 885 14 722 14 14 579 14 598 14 633 14 755 14 735 14 705 99 , 364 140 91 535 406 9? ,374 700 93 967 476 96 838 365 94 001 146 ?3 674 539 ?6 101 639 30 466 867 35 8?2 868 43 931 136 48 45? 743 49 828, 162 831 503 061 0?3 058 877 ?40 445 497 087 116 15? 77 160 671 75 198 ,579 10,305 653 9,571 9,594 ,937 9,364 406 9,152 ,671 8,653 089 874 7,586 ,714 8,032 440 9,224 ,930 10,084 577 11,251 ,553 11,974 ,509 660 068 00? 04? 447 464 0?8 798 553 809 05Q 111 259 384 414 755 904 073 093 517 636 938 462 553 78, 753, 673 9,828 9,664 9,348 9,499 9,035 8,312 7,466 7,596 8,611 9,543 10,760 11,470 12,682 16 16 18 19 ?3 30 57 76 94 96 83 968 774 790 710 577 363 963 486 958 1,044 1,042 1,148 1,408 1,446 1,606 1,623 1,649 1,729 1,986 2,264 2,226 317 251 408 589 306 780 564 191 487 034 836 740 836 14 16 19 ?4 ?5 ?4 ?5 26 99 31 31 32 32 670 ,997 4?6 417 584 188 535 ?68 471 008 ?36 959 ?10 347 705 352 ?46 407 73? 067 7?9 911 899 ,617 893 ,809 3 ,323 3 150 3 072 ,897 9 676 ,38? 2 ?26 2 010 1 766 1 ,825 1 75? 2 025 2 ,010 898 400 677 193 935 535 510 193 060 654 527 207 68 ,9?4 68 ?77 73 601 80 ,913 87 8?8 92 ,?59 117 139 ,559 163 096 172 ,702 167 ?48 170 981 171 ,670 757 707 320 719 991 406 665 979 264 399 488 655 3 ,950 3 904 3 160 3 ,091 3 055 9 ,998 9 979 3 ,036 3 118 3 ,250 3 319 3 ,398 3 ,526 650 751 096 793 005 686 447 893 116 986 580 415 159 781 918 112 334 514 539 948 608 855 817 652 480 544 59 ,8?? ,370 59 379 550 64 576 694 71 153 ,458 78 549 329 83 ,0?Q , 575 107 784 099 129 367 ,?47 151 93? 691 160 ,349 ,405 154 191 1?? 157 176 ,754 157 ,239 ,224 55,857 42,476 26,724 26,969 22,559 20,736 31,657 87,116 81,075 93,966 63,339 68,681 35,306 810 ,0QQ 673 712 703 694 708 075 739 319 687 469 645 955 749 ,801 861 1 ,082 ,090 1 9?3 706 1 ,420 .158 1 ,474 492 4,949 834 5,016 435 5,169 647 5,339 039 5,460 776 5,619 637 6,034 091 6,640 166 7,424 243 8,138, 479 8,654, 798 9,130, 608 9,616, 859 59 109 903 61 907 ,761 68 566 043 76 407 885 8? ,?33 ,260 100 ,^65 638 118 ,336 ,126 142 310 894 166.530 093 156 801 396 162 728 ,682 162 041 389 165 244 044 50,816 36,612 25,551 25,060 22,593 18,638 51,650 125,624 227,150 48,403 74,614 64,320 27,195 765 356 680 ,998 688 49? 729 399 702 ,704 653 <>73 688 ,511 817 6?0 982 221 1 118 615 1 ,223 408 1 ,415 918 1 ,606 284 4,985 4,977 5,134 5,233 5,469 5,523 5,811 6,318 7,033 7,925 8,450 8,917 9,395 C 31 . _ _ 16 18 19 ?1 25 46 66 86 101 87 81 74 984 255 161 776 537 949 862 205 660 398 848 551 Includes reserve balances and cash items in process of collection. Includes capital notes and debentures in banks other than national. Includes reserve accounts. 907 871 1,196 539 1,407 364 1,545 018 1,463 836 1,612,252 1,801 370 2,025, 088 2,221, 793 2,392, 970 2,145, 156 2,185, 256 15 065 18 373 22 197 ?6 846 25 942 ?7 371 26 999 29 175 33 589 32 995 36 167 37, 490 34, 490 969 644 935 418 377 581 933 791 693 748 173 369 538 3 3 3 2 2 2 2 1 1 1 1 2 2 994 ?58 25? 010 458 822 070 538 588 334 654 109 008 857 424 753, 694 729 215 835, 487 053, 761 102, 933 68 70 77 85 91 109 128 152 178 169 176 176 180 099 019 833 599 575 957 571 902 453 694 54? 577 121 978 947 184 351 075 406 362 024, 102 075 430 043, 113 110 3 3 ,192 493 3 524 3 ,070 519 3 ,034 361 9> 985 3Q1 3 ,011 600 3 ,052 950 3 ,187, 368 3 299 469 3 342, 600 3 423, 195 3 548, 731 4 Not called for separately. Included with "Balances with other banks." NOTE.—Reciprocal interbank demand balances with banks in the United States are reported net beginning with the year 1942. a a d o TABLE NO. 42.—Assets and liabilities of all active national banks, 1937 to 1949 [Amounts in thousands of dollars. For prior figures, revised for certain years and made comparable to those in this table, references should be made as follows: Years 1863 to 1913, inclusive, Comptroller's Annual Report for 1931; figures 1914 to 1919, inclusive, report for 1936, and figures 1920 to 1936, inclusive, report for 1939.] Number of banks Loans and discounts, including overdrafts U. S. Government obligations, direct and guaranteed Other bonds, stocks, and securities Cash Balances with other banks l Other assets Total assets Capital Surplus and net undivided profits 2 Total deposits Bills payable and rediscounts, etc. Other liabilities O JUNE 30 1937 1938. 1939 1940 1941 1942 1943_. . 1944 1945 1946. 1947 1948 1949 DEC. 1937 1938 1939 . 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1 2 ._ 5,299 5,248 5,209 5,170 5,136 5,107 5,066 5,042 5,021 5,018 5,018 5,004 4,993 8,812,895 8,334,624 8,573,703 9,179,227 10,922,483 10,901,795 9,190,143 11,229,680 12,389,133 14,498,441 18,810,006 22,303,042 22,578,120 8,219,195 7,987,716 8,769,729 9,111,226 11,135,952 14,928,992 30,190,402 38,790,869 47,255,463 47,472,876 39,425,605 36,231,407 35,597,498 3,903,092 3,656,560 3,783,157 3,794,049 3,818,842 3,714,396 3,538,176 3,497,654 3,764,438 4,543,865 4,953,052 5,309,818 5,532,295 444,598 528,305 530,580 582,303 709,458 728,309 806,546 820,570 821,290 805,575 988,288 1,120,314 1,093,053 7,933,271 8,922,250 10,544,226 13,294,801 13,812,200 13,588,254 14,420,845 15,239,164 16,791,661 17,856,276 18,407,260 19,345,184 19,283,128 1,015,755 948,105 979,183 923,474 915,700 857,219 826,240 823,008 772,848 816,021 829,049 1,031,347 1,015,356 30,328,806 30,377,560 33,180,578 36,885,080 41,314,635 44,718,965 58,972,352 70,400,945 81,794,833 85,993,054 83,413,260 85,341,112 85,099,450 1,582,131 1,572,900 1,562,956 1,534,649 1,523,383 1,507,670 1,498,008 1,553,578 1,624,184 1,683,489 1,770,871 1,804,803 1,907,958 1,630,034 1,700,919 1,826,556 1,941,792 2,074,758 2,171,822 2,327,397 2,557,031 2,848,369 3,190,088 3,537,809 3,740,965 3,919,945 26,765,913 26,815,894 29,469,469 33,074,407 37,351,303 40,659,117 54,769,361 65,833,253 76,825,537 80,494,758 77,397,149 78,999,988 78,451,468 9,216 9,586 3,540 2,910 2,005 2,014 4,231 6,205 5,209 24,441 27,860 42,871 14,123 341,512 278,261 318,057 331,322 363,186 378,342 373,355 450,878 491,534 600,278 679,571 752,485 805,956 o 5,266 5,230 5,193 5,150 5,123 5,087 5,046 5,031 5,023 5,013 5,011 4,997 4,981 8,813,547 8,489,120 9,043,632 10,027,773 11,751,792 10,200,798 10,133,532 11,497,802 13,948,042 17,309,767 21,480,457 23,818,513 23,928,293 8,072,882 8,705,959 9,073,935 9,752,605 12,073,052 23,825,351 34,178,555 43,478,789 51,467,706 41,843,532 38,825,435 34,980,263 38,270,523 3,690,122 3,753,234 3,737,641 3,915,435 3,814,456 3,657,437 3,325,698 3,543,540 4,143,903 4,799,284 5,184,531 5,248,090 5,937,227 422,490 555,304 615,698 718,799 786,501 733,499 807,969 904,500 1,008,644 1,094,721 1,168,042 1,040,763 1,059,663 8,128,003 9,151,105 11,887,915 14,401,268 14,215,429 15,516,771 15,272,695 16,732,749 19,170,145 18,972,446 20,907,548 21,983,506 19,985,295 977,186 1,011,455 960,436 918,082 897,004 847,122 813,468 792,479 797,316 830,513 880,987 1,063,917 1,058,178 30,104,230 31,666,177 35,319,257 39,733.962 43,538,234 54,780,978 64,531,917 76,949,859 90,535,756 84,850,263 88,447,000 88,135,052 90,239,179 1,577,831 1.570.622 ,532,903 ,527,237 ,515,794 ,503,682 ,531,515 ,566,905 ,658,839 ,756,621 ,779,766 ,828,759 ,916,340 1,666,367 1,757,522 1,872,215 2,009,161 2,133,305 2,234,673 2,427,927 2,707,960 2,996,898 3,393,178 3,641,558 3,842,129 4,018,001 26,540,694 28,050,676 31,612,992 35,852,424 39,554,772 50,648,816 60,156,181 72,128,937 85,242,947 79,049,839 82,275,356 81,648,016 83,344,318 10,839 5,608 2,882 3,127 3,778 3,516 8,155 54,180 77,969 20,047 45,135 41,330 7,562 308,499 281,749 298,265 342,013 330,585 390,291 408,139 491,877 559,103 630,578 705,185 774,818 952,958 d 3 o 31 Includes reserve balances and cash items in process of collection. Includes reserve accounts. NOTE.—Reciprocal interbank demand balances with banks in the United States are reported net beginning with the year 1942. TABLE NO. 43.—Assets and liabilities of all active banks other than national, 1937 to 1949 [Amounts in thousands of dollars. For prior figures, revised for certain years and made comparable to those in this table, references should be made as follows: Years 1834 to 1913, inclusive, Comptroller's Annual Report for 1931; figures 1914 to 1919, inclusive, report for 1936, and figures 1920 to 1936, inclusive, report for 1939.] N umher of banks Loans and discounts, including overdrafts IJ. 8. Government obligations, direct and guaranteed Other bonds, stocks, and securities Cash Balances with other banks l Other assets Total assets Capital stock Capital notes and debentures Surplus and net undivided profits 2 Total deposits Bills payable and rediscounts, etc. ' Other liabilities i J U N E 30 1937 10,281 1938 ___„ 10,093 1939 9,937 1940 9,847 1941 9 783 1942 . .. 9,708 1943 9,595 1944 9,556 1945 9,566 1946 9,608 13,885,281 12,976,537 12,942,576 13,378,443 14,620,955 14,276,510 13,133,910 14,274,658 15,703,007 17,195 051 8,749,291 8,786,546 10,021,102 10,599,277 12,441,109 15,434,031 27,772,656 37,339,008 46,984,982 49,024,211 6,402,561 5,914,656 5,811,780 5,570,357 5,333,829 4,938,693 4,383,698 4,089,060 4,268,002 4,681,065 513,719 515,946 511,828 566,286 698,848 718,471 800,018 802,621 828,197 923,459 6,737,026 7,504,167 9,039,962 11,240,467 11,658,808 10,648,005 10,789,502 11,466,188 12,454,746 13,875,791 2,308,073 2,202,295 2,093,494 1,973,719 1,760,535 1,525,316 1,400,270 1,187,185 993,212 1,009,633 38,595,951 37,900,147 40,420,742 43,328,549 46,514,084 47,541,026 58,280,054 69,158,720 81,232,146 86,709,210 ,483,555 ,467,766 ,446,666 ,428,973 ,416,939 ,386,845 ,386,748 ,396,746 ,415,170 495,004 184,964 164,085 150,474 128,171 114,683 104,171 94,691 86,569 78,762 72,493 3,355,747 3,276,299 3,307,556 3,291,542 3,394,756 3,351,710 3,483,851 3,761,577 4,185,486 4,735,729 33,056,457 32,563,656 35,107,225 38,079,051 41,198,026 42,370,458 53,014,738 63,533,994 75,107,154 79,854,647 46,641 32,890 23,184 24,059 20,554 18,722 27,426 80,911 75,866 69,525 468,587 395,451 385,637 376,753 369,126 309,120 272,600 298,923 369,708 481,812 1947 1948 1949 9,737 9.755 9,704 19,768,703 23,076,338 24,788,595 43,690,547 40,929,264 39,601,081 5,131,525 5,941,735 6,442,214 998,548 1,144,426 1,133,783 13,322,651 13,554,433 13,610,681 923,165 994,180 994,851 83,835,139 85,640,376 86,571,205 1,548,709 533,860 59,752 570,773 47,428 4,912,843 5,176,515 5,475,599 76,793,973 78,176,766 78,787,756 35,479 25,810 21,183 544,135 667,673 668,466 10,197 10,035 9 903 9.806 9,762 9,635 9,575 9,548 9,575 9,620 9,744 9,738 9,724 13,550,593 13,046,286 13,331,068 13,939,703 15,086,573 13,800,348 13,541,007 14,603,837 16,518,825 18,513,101 21,750,679 24,634,230 25,899,869 8,587,186 9,296,083 10,373,529 11,276,193 13,480,757 22 233 760 32,080,829 42,935,966 50,436,367 45,249,985 42,811,503 39,482,290 40,483,150 6,138,862 5,911,021 5,610,520 5,584,341 5,221,081 4,654,812 4,141,164 4,052,665 4,467,757 4,743,937 5,575,867 6,222,758 6,745,324 485,381 580,841 688,565 758,517 730,337 804,283 896,870 1,016,444 1,127,072 1,224,928 1,104,393 1,125,593 6,937,959 8,667,235 10,310,020 12,445,150 11,726,948 11,854,810 11,727,238 12,443,042 14,419,548 14,023,302 15,259,625 15,506,863 14,505,243 2,294,808 2,246,797 2,050,022 1,903,988 1,641,584 1,487,532 1,295,540 1,064,945 956,378 898,702 954,500 989,844 1,044,755 37,994,789 39,167,422 42,256,000 45,837,940 47,915,460 54,761,599 63,590,061 75,997,325 87,815,319 84,556,099 87,577,102 87,940,378 89,803,934 3,283,467 3,258,913 3,297,432 3,329,878 3,327,471 3,384,964 3,606,164 3,932,206 4,427,345 4,745,301 5,013,240 5,288,479 5,598,858 32,569,209 33,857,085 36,953,051 40,555,461 42,678,488 49,616,822 58,179,945 70,181,887 81,287,146 77,751,557 80,453,326 80,393,373 81,899,726 39,977 31,004 22,669 21,933 18,815 15,122 43,495 71,444 149,181 28,356 29,479 22,990 19,633 456,857 398,549 390,227 387,386 372,119 262,982 280,372 325,743 423,118 488,037 518,223 641,100 653,326 DEC. 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1 2 3 31 Includes reserve balances and cash items in process of collection. Includes reserve accounts. Not called for separately. Included with "Balances with other banks." ,471,533 ,459,015 ,450,873 1,420,148 1,410,373 1,382,507 1,389,943 1,403,725 1,456,449 1,475,054 1,500,807 1,546,005 1,583,954 173,746 162,856 141,748 123,134 108,194 99,202 90,142 82,320 72,080 67,794 62,027 48,431 48,437 NOTE.—Reciprocal interbank demand balances with banks in the United States are reported net eghining with the year 1942. TABLE NO. 44—Summary of status, progress, and results of liquidation of all national banks 1 placed in charge of receivers from the date of the first national bank failure, April 14, 1865 to December 31, 1949 National and District of Columbia nonnational banks Completely liquidated and finally closed Number of receiverships _ 3 - Disposition of assets: Collections from assets (including earnings collected from 1,155 banks completely liquidated to Oct. 31, 1933, and for accounting purposes, dividends paid secured creditors of all trusts finally closed Oct. 1, 1924, to Oct. 31, 1929)___ Offsets allowed and settled (against assets) Losses on assets compounded or sold under order of court Book value of assets returned to shareholders' agents Book value of remaining assets Total Collections: Collections from assets as above Collections from stock assessments Earnings collected: interest, premiums, rents, etc. (Unavailable as separate item for 1,155 banks completely liquidated to Oct. 31, 1933) Offsets allowed and settled (against assets) Unpaid balance Reconstruction Finance Corporation loans - - -_ See footnotes at end of table. __- 4 Total 3 2,822 Completely In process liquidated of liquidation and finally closed 4 15 $3,725,548,274 $18,773,272 $3,744,321,546 $27,143,017 Total assets taken charge of by receivers Total 2,818 In process of liquidation District of Columbia2 nonnational banks . 2,207,174,730 253,561,162 1,222,040,092 13,341,983 446,725 4,351,180 42,772,290 National banks Total * 15 Completely liquidated and finally closed 5 2,803 In process of liquidation 4 Total 5 2,807 $27,143,017 $3,698,405,257 $18,773,272 $3,717,178,529 2,220,516,713 254,007,887 18,624,923 2,089,895 18,624,923 2,089,895 2,188,549,807 251,471,267 1,226,391,272 6,401,713 6,401,713 1,215,638,379 42,772,290 633,384 26,486 26,486 42,745,804 13,341,983 446,725 2,201,891,790 251,917,992 4,351,180 1,219,989,559 o c o1 t- 42,745,804 633,384 3,725,548,274 633,384 18,773,272 3,744,321,546 27,143,017 27,143,017 3,698,405,257 633,384 18,773,272 3,717,178,529 2,207,174,730 179,266,883 13,341,983 503,777 2,220,516,713 179,770,660 18,624,923 619,261 18,624,923 619,261 2,188,549,807 178,647,622 13,341,983 503,777 2,201,891,790 179,151,399 o n 162,253,415 253,561,162 1,236,393 446,725 163,489,808 254,007,887 233,649 1,429,275 2,089,895 1,429,275 2,089,895 160,824,140 251,471,267 233,649 1,236,393 446,725 162,060,533 251,917,992 233,649 15,528,878 2,818,018,717 22,763,354 22,763,354 2,779,726,485 15,528,878 2,795,255,363 233,649 2,802,489,839 § TABLE NO. 44—Summary of status, progress, and results of liquidation of all national banks 1 placed in charge of receivers from the date of the first national bank failure, April 14, 1865 to December 31, 1949—Continued District of Columbia2 nonnational banks National and District of Columbia nonnational banks Disposition of collections: Dividends paid by receivers to unsecured creditors (including dividends paid to secured creditors for 815 banks completely liquidated to Oct. 31, 1929) Dividends paid by receivers to secured creditors (unavailable as separate item for 815 banks completely liquidated to Oct. 31, 1929) Distributions by conservators to unsecured creditors Distributions by conservators to secured creditors Payments to secured and preferred creditors (including disbursements for the protection of assets for 597 banks completely liquidated to Oct. 31, 1926) Offsets allowed and settled (against liabilities) Disbursements for the protection of assets (unavailable as separate item for 597 banks completely liquidated to Oct. 31, 1926) 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. 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 Completely liquidated and finally closed In process of liquidation Total 1,408,096,757 8,279,779 1,416,376,536 Completely In process liquidated of liquidation and finally closed 10,893,071 National banks Total Completely liquidated and finally closed In process of liquida= tion 10,893,071 1,397,203,686 8,279,779 Total 1,405,483,465 34,624,491 34,624,491 35,202 35,202 34,589,289 34,589,289 209,124,039 209,124,039 . 2,838,102 2,838,102 206,285,937 206,285,937 1,372,006 1,372,006 10,750 10,750 1,361,256 1,361,256 700,654,593 5,254,875 705,909,468 4,901,281 4,901,281 695,753,312 5,254,875 701,008,187 253,561,162 446,725 254,007,887 2,089,895 2,089,895 251,471,267 446,725 251,917,992 7,998,382 66,733 8,065,115 18,839 18,839 7,979,543 66,733 8,046,276 169,128,364 955,932 170,084,296 1,767,254 1,767,254 167,361,110 955,932 168,317,042 10,970,725 6,959,320 45,597 11,016,322 6,959,320 201,010 7,950 201,010 7,950 10,769,715 6,951,370 45,597 10,815,312 6,951,370 479,237 479,237 479,237 479,237 15,528,878 2,818,018,717 22,763,354 22,763,354 2,779,726,485 15,528.878 2,795,255,363 6 7 7 8 2,802,489,839 5 400,462,595 2,450,000 402,912,595 2,352,920 2,352,920 00 398,109,675 2,450,000 8 400,559,675 176,392,631 176,392,631 176,392,631 176,392,631 176,392,631 170,552,785 176,392,631 170,552,785 176,392,631 170,552,785 176,392,631 170,552,785 B 8 800,000 9,224,578 329,073,807 2,378,540,723 1,912,920 19,147,196 1,912,920 19,147,196 326,360,887 2,350,168,949 800,000 9,224,578 327,160,887 2,359,393,527 4,406,189 515,478,134 5,194,938 5,194,938 505,877,007 4,406,189 510,283,196 609,488 8,350,750 97,328,369 2,126,785,217 809,871 17,850,201 809,871 17,850,201 95,909,010 2,100,584,266 609,488 8,350,750 96,518,498 2,108,935,016 78.04 99.15 78.12 77.18 77.18 78.05 99.15 78.13 w 87.58 98.18 87.63 82.57 82.57 87.63 98.18 87.68 £i 6.71 6.45 6.71 8.73 8.73 6.70 6.45 6.69 Assessments upon shareholders 328,273,807 Deposits at date of failure 2,369,316,145 Borrowed money (bills payable, rediscounts, etc.) at date of failure 511,071,945 Additional liabilities established subsequent to date of failure 96,718,881 Claims proved (both secured and unsecured) _ 2,118,434,467 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 __ 1 2 8 4 Including District of Columbia nqnnational banks and building and loan associations. Including building and loan associations. Does not include 159 banks restored to solvency. Does not include 1 bank restored to solvency. 5 Does not 6 Includes 7 Includes 8 include 158 banks restored to solvency. $23,100,000 capital stock of 159 banks restored to solvency. $50,000 capital stock of 1 bank restored to solvency Includes $23,050,000 capital stock of 158 banks restored to solvency. O ft 3 g 3 I TABLE NO. 45—Number and deposits of national and District of Columbia nonnational banks * placed in receivership period Apr, 14? 1865 to Dec. 81, 1949, by groups according to percentages of dividends paid to Dec. 81, 1949 Liquidation Banks Periods and bank groups Dividends paid, 100 percent and over Number of Deposits banks Dividends paid, 75 to 99.9 percent Number of Deposits banks Dividends paid, 50 to 74.9 percent Number of Deposits banks Dividends paid, 25 to 49.9 percent Number of Deposits banks Dividends paid, less Total banks than 25 percent NumNumber of Deposits ber of Deposits banks banks Restored to solvency banks 2 Number of banks Total all banks Number of banks Receiverships completely liquidated and finally closed or restored to solvency, 1865 to 1949 (2,977 banks): Apr. 14, 1865 to Oct 31, 1930— data for individual annual report years unavailable; deposits prior to 1880 unavail974 $285,115,767 211 $66,952,690 able for 84 banks (974 banks) __ 208 $77,296,606 159 $30,828,899 156 $45,465,025 897 163 $64,572,547 5,589,946 99 91 18 8 8,497,657 29,738,938 22 8,334,115 29 16 5,323,140 Nov. 1, 1930 to Oct. 31, 1931_._ 1,994,080 6 2,250,071 122 97 10 47,739,776 33 14,038,797 27 10,027,603 16 5,549,989 Nov. 1, 1931 to Oct. 31, 1932.__ 11 15,873,316 3,095,192 78 69 12 6,902,413 29,929,256 ~9 9,692,212 15 13 5,826,514 Nov. 1, 1932 to Oct. 31, 1933___ 4,412,925 8 1,657,228 92 64 13 1,451,334 26,590,650 28 8 18 8,517,835 17 10,532,532 Nov. 1, 1933 to Oct. 31, 1934___ 4,431,721 8 4,319,951 163 152 31 9,062,628 44,122,328 11 30 29 11,801,668 34 13,854,445 Nov. 1, 1934 to Oct. 31, 1935.._ 5,083,636 28 4,452,292 215 214 29 12,556,918 62,463,442 1 43 46 12,246,387 56 18,483,929 Nov. 1, 1935 to Oct. 31, 1936_._ 40 14,723,916 3 7,420,214 340 340 38 154,448,954 0 51 19,594,780 80 38,690,969 85 38,027,988 Nov. 1, 1936 to Oct. 31, 1937__. 86 50,715,003 6,158,246 364 364 24 167,176,781 0 48 16,991,046 110 54,346,379 106 56,203,459 Nov. 1, 1937 to Oct. 31, 1938___ 4 76 33,477,651 2,269,805 159 159 9 123,971,181 0 21 10,103,204 61 58,631,031 42 32,056,684 Nov. 1, 1938 to Oct. 31, 1939__. 26 20,910,457 8,005,471 112 112 4 9,332,899 121,694,861 0 43,319,262 15 36 43,639,246 38 Nov. 1, 1939 to Oct. 31, 1940___ 19 17,397,983 6 8,201,086 102 102 4 182,060,503 0 ' 10 10,540,731 39 68,673,118 42 76,497,725 Nov. 1, 1940 to Oct. 31, 1941__. 5 7 18,147,843 1,584,920 104 104 4 52,025,720 451,774,537 0 72,320,682 14 46 248,608,395 26 Nov. 1, 1941 to Dec. 31, 1942___ 77,234,820 14 1,944,442 30 30 3 158,476,582 0 5 24,606,118 8 75,837,758 8 39,828,007 Jan. 1, 1943 to Dec. 31, 1943. _. 6 16,260,257 0 10 10 0 141,119 445,811,692 0 1 1 4,613,782 5 28,787,475 Jan. 1, 1944 to Dec. 31, 1944___ 3 412,269,316 0 4 4 0 0 4,187,521 0 0 1 2 2,390,914 0 Jan. 1, 1945 to Dec. 31, 1945__. 1,796,607 1 0 2 0 0 616,710 0 0 0 2 616,710 0 Jan. 1, 1946 to Dec. 31, 1946__. 0 0 2 0 2 0 0 27,150,808 0 183,818 0 1 26,966,990 1 Jan. 1, 1947 to Dec. 31, 1947.__ 0 0 0 3 0 0 1,930,872 0 305,253 0 1 421,461 1 Jan. 1, 1948 to Dec. 31, 1948___ 1,204,158 3 1 0 2 0 0 4,314,986 0 2,299,269 0 1 2,015,717 1 Jan. 1, 1949 to Dec. 31, 1949___ 0 0 2 Total 1931:1949 (2,003 banks) 526 674,718,003 538 464,765,652 199 56,948,864 1,921 2,084,200,378 82 2,003 340 695,933,689 318 191,834,170 Active receiverships as of Dec. 31, 1 1 2 0 4,165,850 0 1949 (4 banks) 5,058,728 0 9,224,578 0 4 4 0 0 474 237,299,195 87,777,763 2,822 2,378,540,723 690 |743,456,400 749 531,718,342 359 159 Grand total (2,981 banks) 550 778,289,023 2,981 6 1 Exclusive of 1 receivership finally closed during the year ended October 31, 1928, Including building and loan associations. 2 but reopened as a receivership during the year ended October 31, 1940, and again Deposits for banks restored to solvency unavailable. 3 closed during the year ended October 31, 1941. Exclusive of 1 receivership finally closed during year ended October 31, 1937, but 7 Exclusive of 1 receivership finally closed during the year ended October 31, 1936 reopened as a receivership during the year ended December 31, 1944, and again closed but reopened as a receivership during the year ended October 31, 1937, and again during the year ended December 31, 1948. 4 closed during the year ended October 31, 1938. (Data relative to reopening and second Exclusive of 1 receivership finally closed during year ended October 31, 1933, but final closing included in report for year ended October 31, 1941.) reopened as a receivership and again closed during the year ended October 31, 1938. 5 Exclusive of 1 receivership finally closed during the year ended October 31, 1928, but reopened as a receivership during the year ended October 31, 1940, and again closed during the year ended October 31, 1941. REPORT OF THE COMPTROLLER OF THE CURRENCY 171 TABLE NO. 46—Liquidation statement, 6 receiverships in liquidation during year eiuled, December 31, 1949 Number of banks 6 Collections: Cash balances in hands of Comptroller and receivers at beginning of period Collections from assets Collections from stock assessments Earnings collected Offsets allowed and settled (against assets) Total Disposition of collections: Dividends paid by receivers to unsecured creditors Dividends paid by receivers to secured creditors 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 Cash balances in hands of Comptroller and receivers at end of period Total decrease. $526,342 161,856 146 35,209 l 55 723,498 306,162 258 * 111,207 * 55 * 544 49,647 479,237 723,498 172 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 47—Liquidation statement, 2 administered national bank receiverships completely liquidated and finally closed, during year ended December 31, 1949 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 Total Collections: Collections from assets Collections from stock assessments Earnings collected Offsets allowed and settled (against assets) Total Disposition of collections: Dividends paid by receivers to unsecured creditors Dividends paid by receivers to secured creditors Payments to secured and preferred creditors other than through dividends Offsets allowed and settled (against liabilities) Disbursements for the protection of assets Payments of receivers7 salaries, legal, and other expenses 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 failure Claims 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 2 $6,630,504 3,716,722 339,721 2,574,061 6,630,504 3,716,722 344,685 245,817 339,721 4,646,945 2,404,466 53,504 1,300,873 339,721 2,090 546,291 4,646,945 900,000 100,000 100,000 99,520 750,000 4,314,986 607,691 177,818 3,476,624 70.70 80.36 11.80 14.67 REPORT OF THE COMPTROLLER OF THE CURRENCY 173 TABLE NO. 48.—Liquidation statement, 4 active receiverships as of December 31,1949 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 remaining assets Total Collections: Collections from assets Collections from stock assessments Earnings collected Offsets allowed and settled (against assets) Total Disposition of collections: Dividends paid by receivers to unsecured creditors Dividends paid by receivers to secured creditors 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 Cash balances in hands of Comptroller and receivers Total Capital stock at date of failure United States bonds held at failure to secure circulating notes United States bonds held to secure circulation, sold and circulation redeemed Circulation outstanding at date of failure Amount of assessment 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 liabilities established Average percent total costs of liquidation to total collections including offsets allowed 4 $18,773,272 13,341,983 446,725 4,351,180 633,384 18,773,272 13,341,983 503,777 1,236,393 446,725 15,528,878 8,279,779 5,254,875 446,725 66,733 955,932 45,597 479,237 15,528,878 2,450,000 800,000 9,224,578 4,406,189 609,488 8,350,750 99,15 98.18 6.45 174 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 49—National banks in charge of receivers during year ended Dec. 31, amounts of total assets and total liabilities at date of failure, capital slock and stock earnings, together with the disposition of such collections, and various other data inOrganization Name and location of banks Charte No. Date ILLINOIS 1715 Calumet National Bank, Chicago 3102 Dec. 20, 1883 3600 Nov. 18, 1886 1287 13336 May 20, 1865 June 10, 1929 1171 May 3, 1865 14234 June 26, 1934 LOUISIANA ] 2934 Commercial National Bank, Shreveport 2697 2946 Salt Springs National Bank, Syracuse 2 Fort Greene National Bank in New York, N. Y. 3_ 2965 First National Bank & Trust Co., Easton * NEW YORK PENNSYLVANIA VERMONT 2964 Poultney National Bank, Poultney 3 Grand total (6 receiverships) Total Total Total Total active (4 receiverships) finally closed (2 receiverships) _ failures 1949 (0 receiverships) _. activity 1949 (6 receiverships) _ See footnotes at end of table. 175 REPORT OF THE COMPTROLLER OF THE CURRENCY 1949, dates of organization, appointment of receivers and final closing, with nominal assessments, amounts collected from all sources, including offsets allowed and dicating the progress and results of liquidation to December 31, 1949 Failure Capital stock at date of Liabilities Date receiver appointed 7, 1931 $482,691 1,000,000 Feb. 21, 1936 3,261,929 800,000 500,000 Jan. 22, 1934 Aug. 14, 1937 1,144,260 125,000 600,000 Dec. 10, 1943 50 ,000 May 9, 1943 $400,000 Oct. Borrowed money (bills payable, rediscounts, etc.) at date of failure Deposits at date of failure $2,299,269 Additional liabilities established to date of report Total liabilities established to date of report $144,542 $2,926,502 1715 242,633 3,504,562 2934 4,165,850 2,015,717 221,867 33,276 5,531,977 2,173,993 2697 2946 4,192,634 94,524 4,287,158 2965 2964 866,094 50,464 916,558 3 ,350 ,000 5,013,880 13,539,564 787,306 19,340,750 2 ,450 ,000 4,406,189 607,691 9,224,578 4,314,986 609,488 177,818 14,240,255 5,100,495 146~496 146~496 900 ,000 176 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 49—National banks in charge of receivers during year ended Dec. SI, amounts of total assets and total liabilities at date of failure, capital stock and stock earnings, together with the disposition of such collections, and various other data inCirculation Lawful moneydeposited to retire Assets and assessments Outstanding at date of failure Book value of assets at date of failure Additional assets received since date of failure $3,506,809 $318,472 2934 4,979,086 394,601 2697 2946 6,365,136 2,475,163 393,375 330,060 2965 5,168,905 427,410 1715 $99,520 $99,520 Assessments upon shareholders $400,000 Total assets and stock assessments $4,225,281 5,373,687 800,000 350,000 7,558,511 3,155,223 5,596,315 919,185 125,574 99,520 99,520 23,414,284 1,989,492 1,550,000 26,953,776 99,520 99,520 17,432,312 5,981,972 1,340,960 648,532 800,000 750,000 19,573,272 7,380,504 2964 129,801 See footnotes at end of table. 1,044,759 129,801 177 REPORT OF THE COMPTROLLER OF THE CURRENCY 1949, dates of organization, appointment of receivers and final closing, with nominal assessments, amounts collected from all sources, including offsets allowed and dicating the progress and results of liquidation to December 31, 1949—Continued Progress of liquidation to date of this report Cash collections from assets Cash collections from stock assessments Receivership earnings, cash collections from interest, premium, rent, etc. $1,875,496 $225,800 $171,755 $218,150 $2,491,201 $1,731,635 1715 482,016 23,139 3,933,034 1,907,483 2934 485,504 74,062 286,346 121,571 5,872,502 2,155,744 1,686,756 842,426 2697 2946 224,784 55,894 4,713,476 732,032 2965 2964 3,427,879 4,596,875 1,841,226 503,777 118,885 4,432,798 Offsets allowed and settled Total collections from all sources including offsets allowed Losses on assets compounded or sold under order of court 44,089 81,346 1,009,866 24,909 17,058,705 848,462 1,482,210 786,446 20,175,823 6,925,241 13,341,983 3,716,722 503,777 344,685 1,236,393 245,817 446,725 339,721 15,528,878 4,646,945 4,351,180 2,574,061 197,156 26,788 884,431 161,856 146 See footnotes at end of table 35,209 4 55 178 REPORT OF THE COMPTROLLER OF THE CURRENCY TABLE NO. 49—National banks in charge of receivers during year ended Dec. 31, amounts of total assets and total liabilities at date of failure, capital stock and stock earnings, together with the disposition of such collections, and various other data inProgress of liquidation to date of this report—Continued Book value of uncollected assets Book value of remaining uncollected stock assessments $174,200 1715 2934 $ 15,186 2697 2946 188,534 2965 375,591 296,223 231,115 Disposition of proceeds of Liquidation Dividend paid byreceivers On secured claims $51,177 2,327 633,384 701,538 633,384 296,223 405,315 4 58,788 See footnotes at end of table. 4 146 $1,132,656 $979,842 $708 3,504,561 51,713 3,567,759 1,271,810 1,737,128 660,752 14,888 1,382 3,892,381 371,675 132 819,639 88,236 53,504 10,684,245 7,342,194 68,823 53,504 8,279,779 2,404,466 5,701,600 1,640,594 66,733 2,090 54,073 2964 On unsecured claims Secured and preferred liaCash bilities paid in except through advanced protection dividends, inof assets cluding offsets allowed 258 306,162 4 111,262 4 544 179 REPORT OF THE COMPTROLLER OF THE CURRENCY 1949, dates of organization, appointment of receivers and final closing, with nominal assessments, amounts collected from all sources, including offsets allowed and dicating the progress -and results of liquidation to December 81, 1949—Continued Disposition of proceeds of liquidation—Continued Conservators' salaries, legal and other expenses Receivers' salaries, legal and other expenses Cash in hands of Comptroller and receivers $1,966,500 $326,818 $45,597 Amount of claims proved Dividend (percent) 60.2 Interest dividend (percent) Date finally closed June 20, 1949 1715 2934 165,295 $211,465 396,019 219,473 111,111 3,638,730 1,510,124 315,009 134,279 3,892,381 100.0 2965 100.0 2964 79,609 22,382 819,639 45,597 1,502,223 479,237 11,827,374 45,597 955,932 546,291 479,237 8,350,750 3,476,624 49,647 4 ~47~105 97.5 84.373 April 29, 1949 2697 2946 95,137 1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold or 2to complete unfinished liquidation. Federal Deposit Insurance Corporation appointed as receiver in accordance with Banking Act of 1933. 3 Formerly in conservatorship. 4 Decrease. TABLE NO. 50.—Bank suspensions since inauguration of Federal deposit insurance, years ended Dec. 81,1934 to 1949 Capital (in thousands of dollars) 1 Number Year ended Dec 31— Member banks All banks National 1934 1935__. _ __ 1936 1937 1938 1939 1940 _1941 1942___ _ __ 1943 1944 1945 1946 1947 1948 1949 57 34 44 58 56 42 22 8 9 4 1 Total. __ 340 1 4 1 3 1 4 1 4 Nonmember banks State Insured 2 1 3 2 8 22 40 47 47 25 18 3 6 2 2 1 Noninsured 48 8 3 6 7 10 3 1 3 Member banks All banks 3,822 1,518 1,961 3,435 2,467 5,309 1,587 496 327 708 32 1 3 4 4 4 125 94 21,787 1 2 3 4 21 6 219 National 25 405 88 685 25 220 82 360 671 25 3,600 650 Nonmember banks Insured 416 633 1,678 2,004 2,052 1,204 1,452 118 272 58 32 Noninsured 3,381 480 195 75 365 285 53 18 55 1 2,540 Includes capital notes and debentures, if any, outstanding at date of suspension. Located in the State of Indiana. Private bank located in the State of Georgia. Comprises 2 private banks (without capital) in the State of Georgia having total deposits of $190,000; and 2 banks in the State of Texas—1 State commercial bank with capital of $50,000 and total deposits of $1,007,000, and 1 private bank with capital of $75,000 and total deposits of $1,246,000 State Deposits (in thousands of dollars) 4,296 9,919 Member banks All banks 36,939 10,101 11,323 16,169 13,837 34,980 5,944 3,723 1,702 6,300 405 National State 42 5,399 524 3,825 ~~~i~708~ 36 211 1,323 24,629 257 3,141 5,059 Nonmember banks Insured 1,912 3,763 10,207 10,156 11,721 6,589 5,341 503 1,375 1 241 Non insured 34,985 939 592 480 1,869 2,439 346 79 327 t-3 O O 405 167 167 125 2,443 2,443 5,032 144,033 19,606 26,548 53,213 I 44,666 NOTE.—Figures for banks other than national furnished by Board of Governors of the Federal Reserve System, and represent associations closed to the public, either temporarily or permanently, by supervisory authorities or directors of the banks on account of financial difficulties. In the case of national bank suspensions these represent actual failures for which receivers were appointed. O < TABLE NO. 51.—Fiduciary activities of national banks as of Dec. SI, 1949 Banks with capital of $25,001 to $50,000 $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 trust powers . __ Total assets of national banks with trust powers but not administering trusts Total assets of national banks with trust powers administering trusts Total assets of national banks authorized to exercise trust powers Investments Savings deposits Demand deposits Other assets ._ . . _ Total Private trusts Court trusts Total Total volume of bond issues outstanding for which banks are acting as trustee Number of national banks administering private trusts . . Number of national banks administering court trusts Number of national banks administering corporate trusts _ Number of living trusts being administered Number of court trusts being administered.„ . __. Total number of individual trusts being administered Number of corporate trusts being administered Total number of trusts being administered Average volume of individual trust assets in each bank Average volume of trust assets in each individual trust Average gross earnings per trust for year ended Dec. 31, 1949 Average gross earnings per trust department reporting trust earnings for year ended Dec. 31, 1949 $200,001 to $500,000 47 49 101 265 64 463 34 403 19 96 366 527 $500,001 and over 11 321 Total 267 1,510 437 332 1,777 $15,937, 557 $126,775 ,777 $485 ,372,528 $520, 911,538 $538,914,475 15,713, 158 127,855 ,719 1,342 ,246,614 3,687, 923,120 7,027,361,187 $1, 291,040,163 60, 519,053,997 $2,978,952,038 72,720,153,795 254,631 ,496 1,827 ,619,142 4,208, 834,658 7,566,275,662 61 810,094,160 75,699,105,833 31,650, 715 $281, 404,195 5, 013,166 26, 580,383 15, 748,889 $918,576,817 115 810,698,087 $17,070,876,511 192,093,678 171,976,036 12,659,353 699,131,260 603,794,215 62,540,323 3,625,117,723 113,817,199 3 486,612,494 $199, 3, 712 14, 77Q 6, 618 $4,235 ,849 123 ,893 596 ,156 50 ,419 $55,762,273 224, 399 5,006 ,317 72 ,567,299 $23, 142 201, 257 $975 ,117 4,031 ,200 $31 ,493,747 41 ,073,552 224, 399 5,006 ,317 72 ,567,299 $47, 300 2 q 2 $61 ,700 27 43 5 $5 ,522,112 193 239 49 $151, 959,686 380 439 179 207 265 707 9 26 101 402 1,349 3,357 6,016 11,830 19,033 19,224 71,180 46,670 97,681 81,509 28 11 503 8 4,706 100 17,846 632 38,257 1,203 117,850 21,131 179,190 23,085 2 ,317,518 5 ,605,404 8 ,882,104 Trust Liabilities . $100,001 to $200,000 10 9 Trust Assets . $50,001 to $100,000 328, 746,633 1,107,593,692 $170, 262,498 158, 484,135 20 073,080,832 21,587,219,172 $720,668,697 $17 453,845,778 $18,377,268,979 3,209,950,193 386,924,995 2 619,235,054 328, 746,633 1,107,593,692 20 073,080,832 21,587,219,172 $324,447,828 $11 621,565,024 $12,103,603,650 313 373 1,288 3Q5 376 1,411 39 511 4,806 18,478 39,460 138,981 202,275 $24,933 $8,014 $67 $102 ,170 $9 ,953 $105 $273,839 $15,420 $104 $710,036 $18,421 $114 $2,748,371 $28,951 $131 $62,532,962 $170,327 $377 $14,296,172 $120,471 298 $328 $1 ,215 $2,052 $4,822 $13,033 $163,870 $41,621 00 TABLE N O . Federal Reserve districts Boston. _ _ New York Philadelphia _ Cleveland Richmond. _ Atlanta Chicago _ St. Louis Minneapolis Kansas City Dallas San Francisco Total . . . _. -_ . 52 Number of banks exercising fiduciary powers —Fiduciary activities of national banks by Federal Reserve districts as of Decj . Number Total with number authority authorized but not exercise exercising tofiduciary fiduciary powers powers 160 232 226 105 129 96 195 97 46 102 65 57 34 25 12 21 20 36 25 19 35 26 7 194 257 233 117 150 116 231 122 65 137 91 64 1,510 267 1,777 Number of individual trusts 31, 194 9 Number of corporate trusts being administered OO Trust department gross earnings for year ended Dec. 31, 1949 Capital of banks authorized to exercise fiduciary powers Total banking assets of banks authorized to exercise fiduciary powers Living trusts Court trusts Total $104,406,667 353,025,349 100,928,160 155,615,000 63,585,500 83,880,500 245,015,000 47,816,500 36,980,000 64,035,000 87,460,000 268,335,650 $4,254,379,570 14,606,900,418 3.979,746,071 5,550,945,766 3,313,500,373 4,535,702,084 12,307,752,964 2,705,571,806 2,123,502,990 3,768,432,910 4,399,625,611 14,153,045,270 4.788 5,491 7,667 10,980 7,002 5,420 30,689 2,437 2,758 3,648 4,023 12,778 6,390 8,851 16,677 10,956 6,743 4,079 8,789 2,782 3,140 2,562 994 9,546 11,178 14,342 24,344 21,936 13,745 9,499 39,478 5,219 5,898 6,210 5,017 22,324 $1,370,165,607 1,828,510,292 557,472,275 2,684,881,312 821,085,343 1,289,668,908 7,845,694,730 255,377,459 1,323,993,598 1,031,814,559 447,819 962 2,130,735,127 451 1,075 363 2,528 431 1,078 7,961 1 531 407 5,080 613 1,567 $313,282,956 5,120,072,600 66,974,423 745 820,424 416,226,254 499,822,537 3,012,321,129 171 882 268 121,953,156 475,823,236 390,733,260 768,691,407 $4,300,000 10,214,000 2,427,000 7,394,000 2,986,000 3,200 000 11,759,000 1,074,000 1,945,000 2,130,000 2,073,000 10,763,000 1,611,083,326 75,699,105,833 97,681 81,509 179,190 21,587,219,172 23,085 12,103,603,650 60,265,000 Assets of individual trusts Bond issues outstanding where bank acts as trustee to H O n o H O H O d TABLE NO. 53.—Classification of investments in living and court trust accounts under administration by the active national bank trust departments, Dec. SI, 1949 Trust investments classified according to capital of banks administering trusts B anks with capital of $25,000 . . Banks with capital of $25,001 to $50,000 Banks with capital of $50,001 to $100,000 Banks with capital of $100,001 to $200,000 Banks with capital of $200,001 to $500,000 Banks with capital of $500,001 and over Total Total investments Percent Real-estate mortgages Percent Real-estate Percent $6,566 878,297 17,640,375 89,423,333 320,645,852 3,660,679,015 3.29 20.73 31.64 31.78 34.91 23.15 $31,139 324,917 3,462,793 27,924,227 134,001,418 397,627,602 15.63 7.67 6.21 9.93 14.59 2.52 $16,750 487,977 7,551,306 23,675,137 64,075,569 475,934,768 8.40 11.52 13.54 8.41 6.97 3.01 $2,651 57,493 1,212,644 7,096,845 35,291,574 653,503,751 1.33 1.36 2.17 2.52 3.84 4.13 $199,290 4,235,849 55,762,273 281,404,195 918,576,817 15,810,698,087 4,089,273,438 23.96 563,372,096 3.30 571,741,507 3.35 697,164,958 4.08 17,070,876,511 Bonds Percent Stocks $142,184 2,487,165 25,895,155 133,284,653 364,562,404 10,622,952,951 71.35 58.72 46.44 47.36 39.69 67.19 11,149,324,512 65.31 Miscellaneous Percent o H 2 ffi TABLE NO. 54.—Fiduciary activities of national banks by States as of December 31, 1949 Number of banks exercising fiduciary powers Location Alabama Alaska _ _ Arizona _ Arkansas California Colorado Connecticut Delaware District of Columbia Florida.. _ _ . . Georgia . _ Hawaii Idaho ._ _ _ Illinois Indiana _. _ _ Iowa Kansas Kentucky _ _ Louisiana Maine Maryland Massachusetts Michigan _ _ Minnesota Mississippi Missouri _. Montana Nebraska Nevada New Hampshire New Jersey - New Mexico New York North Carolina. North Dakota Ohio - Oklahoma _-_ ___ __ __ 22 1 2 17 22 20 34 8 7 22 15 3 87 76 32 24 44 13 23 13 68 18 21 13 28 8 10 2 23 108 4 157 23 3 44 20 Number Total with number authority authorized but not exercising to exercise fiduciary fiduciary powers powers 9 1 1 3 9 2 3 1 18 14 12 6 7 2 3 5 18 5 5 2 8 2 8 1 9 16 3 11 1 3 5 7 31 2 2 18 25 29 34 8 7 24 18 1 3 105 90 44 30 51 15 26 18 86 23 26 15 36 10 18 3 32 124 7 168 24 6 49 27 Number of individual trusts Capital of banks authorized to exercise fiduciary powers Total banking assets of banks authorized to exercise fiduciary powers $15,660,000 225,000 5,380,000 6,300,000 207,275,650 9,950,000 19,893,000 1,375,000 10,700,000 22,200,000 16,587,500 4,000,000 4,850,000 176,155,000 26,935,000 10,315,000 9,125,000 11,055,000 15,100,000 7,475,000 9,975,000 70,542,500 32,770,000 27,830,000 3,703,000 28,950,000 2,800,000 11,405,000 1,650,000 4,516,667 47,801,500 3,120,000 313,274,349 6,225,000 1,250,000 60,220,000 18,225,000 $816,599,974 27,082,614 304,976,315 331,716,200 10,174,408,872 700,391,124 752,892,265 35,210,971 647,391,839 994,174,190 892,254,399 202,635,509 284,260,941 7,670,064,173 1,675,119,888 643,200,289 520,245,235 518,362,717 1,107,238,001 220,005,518 571,574,392 3,102,660,403 2,395,414,548 1,561,237,260 185,463,825 1,579,358,589 181,627,466 600,139,897 134,981,327 162,151,200 2,065,395,260 161,144,267 12,883,459,777 377,570,620 80,140,440 2,841,560,745 980,245,350 Living trusts 1,568 C1) 1 C243 ) Court trusts 540 Total 2,108 0) Assets of individual trusts $263,660,127 I1) Number of corporate trusts being administered Bond issues outstanding where bank acts as trustee Trust department gross earnings for year ended Dec. 31, 1949 429 $93,291,997 (|) $660,000 I1) 7,873 1,005 2,086 30 1,218 1,296 1,038 633 7,310 952 3,272 135 159 1,195 1,011 876 15,183 1,957 5,358 165 1,377 2,491 2,049 25,159,761 1,644,601,641 212,119,424 496,715,988 1,746,940 177,177,248 255,482,039 198,429,967 687 1,032 687 200 85,624,553 711,312,448 72,668,595 46,057,524 36 152 266 86,511,898 174,267,461 124,388,953 147,000 8,657,000 592,000 1,636,000 10,000 559,000 831,000 869,000 183 25,651 1,682 695 525 473 494 430 881 2,064 2,171 2,287 207 1,698 112 320 2 485 256 1,323 188 4,314 471 135 4,670 416 230 4,088 2,267 526 215 1,409 505 568 476 2,220 1,269 2,552 202 686 44 318 2 467 347 2,801 119 6,771 1,355 170 2,950 145 413 29,739 3,949 1,221 740 1,882 999 998 1,357 4,284 3,440 4,839 409 2,384 156 638 2 952 603 4,124 307 11,085 1,826 305 7,620 561 6,202,624 6,543,489,308 142,548,487 52,054,025 90,638,347 34,763,320 446,883,211 76,217,344 131,679,183 768,836,497 1,008,877,645 1,299,341,009 10,379,491 373,820,538 3,956,274 183,944,856 2 62,304,696 28,416,444 411,197,403 12,207,022 1,439,294,776 47,637,306 7,919,776 1,249,923,774 222,009,431 30 7,270 170 78 90 48 180 95 34 175 308 341 38 1,191 16 399 2 56 14 136 34 939 109 33 1,997 2,897 1,130,037 2,709,093,554 34,403,189 10,597,609 3,286,540 4,826,465 90,370,271 56,516,648 101,103,849 206,101,161 228,180,510 58,638,823 1,177,600 101,813,966 2,085,225 117,150,910 2 5,121,750 1,862,398 63,401,650 23,268,241 5,063,566,089 73,257,911 60,861,578 285,127,201 226,374,723 78,000 8,954,000 620,000 314,000 207,000 202,000 324,000 277,000 328,000 2,284,000 1,599,000 1,805,000 45,000 916,000 24,000 284,000 2 305,000 95,000 1,500,000 102,000 8,806,000 300,000 37,000 3,238,000 323,000 Oregon _ Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont _ Virginia Washington West Virginia Wisconsin Wyoming . Total... 1 2 4 7 2 7 217 4 14 9 28 85 3 21 67 18 23 32 14 15,655,000 177,004,660 3,120,000 6,200,000 2,275,000 21,891,500 84,310,000 4,000,000 3,177,500 23,015,500 25,300,000 8,245,000 10,265,000 1,810,000 1,153,492,599 5,916,530,650 95,807,648 373,123,652 181,775,776 1,349,805,704 4,182,631,825 202,689,775 97,870,049 993,957,978 1,668,517,319 370,590,889 584,916,422 145,039,147 1,364 13,229 125 1,331 153 1,496 3,856 301 226 2,544 2,572 589 1,302 105 499 22,733 125 421 151 988 952 143 329 3,213 897 1,165 1,704 282 1,863 35,962 250 1,752 304 2,484 4,808 444 555 5,757 3,469 1,754 3,006 387 160,124,710 1,890,779,524 44,595,154 62,518,998 8,098,287 223,790,496 424,507,384 34,989,963 13,187,469 364,826,971 222,511,493 41,720,350 150,179,603 15,752,848 103 839 7 107 11 560 572 98 8 105 248 41 198 21 10,189,150 518,367,107 2,617,600 61,635,906 133,925 24,071 155 390,438,760 3,989,175 1,973,875 89,371,274 36,948,846 4,429,066 32,625,725 3,370,759 649,000 6,120,000 182,000 277,000 39,000 817,000 1,982,000 96,000 66,000 1,270,000 978,000 279,000 543,000 39,000 267 1,777 1,611,083,326 75,699,105,833 97,681 81,509 179,190 21,587,219,172 23,085 12,103,603,650 60,265,000 6 210 3 9 5 23 63 3 18 61 18 19 25 12 1 7 1 5 4 5 22 1,510 3 6 1 Included with figures for the State of Nevada. Includes figures for 1 bank in Alaska and 2 banks in Arizona. O hd w o O cj w TABLE " T " SHOWING STATEMENTS OF ASSETS AND LIABILITIES OF THE INDIVIDUAL NATIONAL BANKS AT CLOSE OF BUSINESS DECEMBER 31, 1949 IS OMITTED FROM THIS REPORT AND PUBLISHED AS A SEPARATE TABLE (States, Territories, and Towns Arranged Alphabetically) NOTE.—In each of the years 1923 to 1929, inclusive, a table similar to table "T" mentioned above, showing statements of assets and liabilities of the individual national banks for one date in the year, was also issued as a supplement to the Comptroller's report, but in lieu of being designated as tables "A" to "G", inclusive, they were numbered 89, 93, 94, 98, 121, 97, and 103, respectively. From 1930 to 1941, inclusive, the supplements are lettered alphabetically, beginning with the letter "H" and ending with the letter "S". No supplements were published for the years 1942 to 1948, inclusive. Prior to 1923 individual statements were included in the report proper. INDEX Page Affiliates of national banks 12 All banks (see also Banks; Mutual savings banks; National banks; Private banks; State commercial banks): Assets and liabilities of: Comparison of, December 31, 1948 and 1949 10-11 December 31, 1949, by classes of banks in each State 119-159 December 31, 1949, summary by classes of banks 117-118 June 30 and December 31, 1937-49 164 Distribution of, December 31, 1949 9 Per capita demand and time deposits of individuals, partnerships, and corporations in, December 31, 1949, by States 160-161 Suspensions. (See Failures of banks.) Assessments: Upon shareholders of insolvent national banks 169, 172-179 Assets and liabilities of banks: All banks: Comparison of, December 31, 1948 and 1949 10-11 December 31, 1949, by States 119-127 December 31, 1949, summary by classes of banks 117-118 June 30 and December 31, 1937-49 164 National banks: Call dates in 1949, summary and by States 3, 33-86 December 31, 1949, by States 128-135 June 30 and December 31, 1937-49 165 Percentage distribution of, December 31, 1946-49 4 Principal items of, according to size of banks (deposits), December 31, 1948 and 1949. 29 State banks (see also District of Columbia): All banks combined: December 31, 1949, summary and by States 117-118, 136-143 June 30 and December 31, 1937-49 166 Mutual savings: December 31, 1949, summary and by States 117-118, 152-155 Private: December 31, 1949, summary and by States 117-118, 156-159 State commercial: December 31, 1949, summary and by States 117-118, 144-151 Bank Currency. (See Federal Reserve notes; National bank circulation.) Bank examinations. (See examinations of national banks.) Banks (see also All banks; Assets and liabilities of banks; Mutual savings banks; National banks; Private banks; State commercial banks): All banks: Distribution of, December 31, 1949 9 Insured and uninsured, December 31, 1949 9 Member banks of Federal Reserve System, December 31, 1949.... 9 189 190 INDEX Page Banks—Continued All banks—Continued Number of: December 31, 1949, by States 119-121 June 30 and December 31, 1937-49 164 Suspensions. (See Failures of banks.) Insured commercial banks: Number of, December 31, 1949, by classes 9 National banks: Branches. (See Branches of national banks.) "Calls" for reports of condition of, dates, 1914-49 31 Examination of. (See Examination of national banks.) Failures. (See Failures of banks.) Number of: Call dates in 1949 3 Call dates in 1949, by States 33-86 December 31, 1949, by States 128-129 June 30 and December 31, 1937-49 165 Nonmember banks of Federal Reserve System, December 31, 1949 9 With surplus fund equal to or exceeding common capital stock 1942-49 30 With surplus fund less than common capital stock 1942-49 30 State and private banks: Number of: December 31, 1949, by States 136-137, 144-145, 152, 156 June 30 and December 31, 1937-49 166 Supervisors of, name and title of in each State, December 31, 1949.162-163 Suspensions. (See Failures of banks.) Uninsured, December 31. 1949 9 Bank suspensions. (See Failures of banks.) Borrowings. (See Assets and liabilities of banks.) Branches of national banks: Domestic: Number and class of, closed in year ended December 31, 1949.... 28 Number authorized and closed in year ended December 31, 1949, and number in existence December 31, 1949 8 Number authorized in year ended December 31, 1949, by States.. 26-27 Foreign: Location and summary of assets and liabilities of, December 31, 1949 104, 105 Number in operation December 31, 1949 105 Building and loan associations. (See District of Columbia.) "Calls" for reports of condition of national banks, dates of 1914-49 31 Capital accounts. (See Assets and liabilities of banks; Earnings, expenses, and dividends of national banks: Ratios.) Capital stock of banks: All banks: December 31, 1949, by States 122-123, 126-127 June 30 and December 31, 1937-49 164 National banks: By size of banks (deposits) December 31, 1948 and 1949 29 Call dates in 1949, by States 33-86 INDEX 191 Page Capital stock of banks—Continued National banks—Continued Chartered, consolidated, in voluntary liquidation, insolvent, 1935-49 21 Chartered in each State, in year ended December 31, 1949 22 December 31, 1949, by States 130-131, 134-135 Failed banks in charge of receivers, in year ended December 31, 1949 168, 172-179 Incident to consolidations with State and national banks, in year ended December 31, 1949 25 June 30 and December 31, 1937-49 165 Liquidated banks, in year ended December 31, 1949 7-8, 24, 172, 173 Preferred stock: Retirable value of, on call dates in 1949 3 Total outstanding, December 31, 1949 7-8 State and private banks: December 31, 1949, by classes of banks and by States 118, 142-143, 150-151, 153, 157 June 30 and December 31, 1937-49 166 Cash in banks. (See Assets and liabilities of banks.) Charters of national banks. (See Organization of national banks.) Circulation. (See Federal Reserve notes; National bank circulation.) Claims proved. (See Failures of banks: National banks.) Closed banks. (See Consolidations of banks; Failures of banks; Liquidation of national banks.) Commercial banks. (See National banks; Private banks; State commercial banks.) Comptroller of the Currency, Office of: Comptrollers, names of, since organization of the Bureau and periods of service 19 Deputy Comptrollers, names of, since organization of the Bureau and periods of service 19 Examination of national banks 13 Expenses of, calendar year 1949 14 Issue and redemption of notes 13 Liquidation of insolvent national banks 13, 167-179 Organization and staff 14 Personnel 14 Condition of banks. (See Assets and liabilities of banks.) Consolidations of banks: Changes in capital, surplus, undivided profits, and total assets of national banks incident to, in year ended December 31, 1949 25 Changes in title of national banks incident to, in year ended December 31, 1949 25 List of, in year ended December 31, 1949 25 Number of in each State 20 Number of, and decrease in capital incident to, 1935-49 21 Credit unions of the District of Columbia. (See District of Columbia.) Demand deposits. (See Deposits.) Deposits (see also Assets and liabilities of banks): All active banks, June 30 and December 31, 1937-49 164 192 INDEX Page Deposits—Continued Demand and time in all active banks, by classes in each State, December 31, 1949 126-127, 134-135, 150-151, 155, 159 Insured commercial banks, December 31, 1949 9 National banks, at date of failure 169, 170, 172-179 Per capita demand and time of individuals, partnerships, and corporations in all active banks, December 31, 1949, by States 160-161 Postal savings: In all banks, December 31, 1949, by States 126-127 In each class of banks, December 31, 1949, by States 134-135, 150-151 In national banks, call dates in 1949, by States 33-86 Size of national banks, according to, December 31, 1948 and 1949 29 Suspended banks. (See Failures of banks.) Uninsured banks, December 31, 1949 9 United States Government: In all banks, December 31, 1949, by States 126-127 In each class of banks, December 31, 1949, by States 134-135, 150-151, 155, 159 In national banks, call dates in 1949, by States 33-86 District of Columbia: Assets and liabilities of all banks in, by classes: Call dates in 1949 43, 108, 109 December 31, 1949 106-107 Building and loan associations in: Reports required from, in year ended December 31, 1949 12 Summary of assets and liabilities of, December 31, 1949 115 Summary of receipts and disbursements of, year ended December 31, 1949 115 Credit unions of: Reports required from in year ended December 31, 1949 12 Summary of assets and liabilities of, December 31, 1949 116 Summary of receipts and disbursements of, year ended December 31, 1949 116 Earnings, expenses, and dividends of banks in: Losses charged off on loans and securities: Years ended December 31, 1930-49 113,114 Years ended December 31, 1948 and 1949, by classes of banks 110-111 Ratios: Years ended December 31, 1930-49 113, 114 Years ended December 31, 1948 and 1949, by classes of banks.. Ill Years ended December 31, 1948 and 1949, by classes of banks 110-111 Receiverships of nonnational banks in 167-169 Reports required from banking associations in, in year ended December 31, 1949 12 Dividends. (See Earnings, expenses, and dividends of national banks; Failures of banks.) Earnings, expenses, and dividends of national banks: According to size of banks (deposits), year ended December 31, 1949.... 98-99 By Federal Reserve districts, year ended December 31, 1949 95-97 By States, year ended December 31, 1949 87-94 INDEX 193 Page Earnings, expenses, and dividends of national banks—Continued Losses charged off on loans and securities: Years ended December 31, 1930-49 103 Year ended December 31, 1949, according to size of banks (deposits) 99 Ratios: Dividends to capital stock and capital funds, years ended December 31, 1929-49 102 Net profits before dividends to capital stock and capital funds, years ended December 31, 1929-1949 102 Net earnings from current operations and net profits before dividends per $100 of deposits, year ended December 31, 1949 99 Net earnings from current operations, net profits before dividends, and cash dividends per $100 of capital funds, year ended December 31, 1949 99 Salaries and wages of officers and employees: By size of banks (deposits), calendar year 1949 98 Years ended December 31, 1947-49 100 Summary, years ended December 31, 1947-49 100^-101 Employees. (See Comptroller of Currency, Office of; Officers and employees of national banks.) Examination of national bank: Number of bank examinations during year ended December 31, 1949 Examiners and assistant examiners: Changes in number, during the calendar year 1949 Expenses. (See Comptroller of the Currency, Office of; Earnings, expenses, and dividends of national banks; Failures of banks; National banks.) 13 14 Failures of banks: All banks: Number, capital and deposits of suspended banks: Since inauguration of Federal deposit insurance, years ended December 31, 1934-49 180 National banks: Assessments against stockholders 169, 172-179 Banks in charge of receivers in year ended December 31, 1949 167-179 Capital at date of failure 168, 172-179, 180 Circulation outstanding at date of failure 168, 172-179 Closed and active receiverships to December 31, 1949 167-179 Costs of liquidation of receiverships terminated 169, 172 Deposits at date of failure of banks in charge of receivers in year ended December 31, 1949 169, 170, 172-179, 180 Dividends paid to creditors during year ended December 31, 1949, and total dividends to December 31, 1949 167-179 Number and capital of, 1935-49 21 Number, capital, and deposits: Since inauguration of Federal deposit insurance, years ended December 31, 1934-49 180 Number of, by States, since beginning of system 20 Receipts and disbursements of Division of Insolvent National Banks to December 31, 1949 167-169, 172, 173 Receivership liquidation to December 31, 1949 167-179 194 INDEX Page Failures of banks—Continued National banks—Continued Receiverships terminated, 1865-1949 167-179 Receiverships terminated in 1949 172 State banks: In District of Columbia to December 31, 1949 167-179 Number, capital, and deposits of: Since inauguration of Federal deposit insurance, years ended December 31, 1934-49 180 Federal Deposit Insurance Corporation (see also Failures of banks): Classification of insured and uninsured banks, December 31, 1949 9 Federal Reserve notes: Issue and redemption of, in year ended December 31, 1949 13 Fiduciary activities of national banks: By Federal Reserve districts, December 31, 1949 182 Classification of investments in living and court trust accounts under administration segregated according to capital of banks, December 31, 1949 183 December 31, 1949, by States 184-185 December 31, 1949, segregated according to capital groups 181 Foreign branches of national banks, location, and summary of assets and liabilities of, December 31, 1949 104,105 Government bonds. (See Investments; United States Government securities.) Holding company affiliates of national banks, number of, December 31, 1949 12 Insolvent banks. (See Failures of banks.) Insured banks. (See Failures of banks; Federal Deposit Insurance Corporation.) Interbank deposits. (See Assets and liabilities of banks.) Interest. (See Earnings, expenses, and dividends of national banks.) Investments of banks: All banks: December 31, 1949, by States 119-121 December 31, 1949, by classes of banks 117 June 30 and December 31, 1937-49 164 National banks: By size of banks (deposits), December 31, 1948 and 1949 29 Call dates in 1949, summary and by States 3, 33-86 December 31, 1949, by States 128-129 June 30 and December 31, 1937-49 165 Losses charged off on: According to size of banks (deposits), year ended December 31, 1949 99 Year ended December 31, 1949, by States and Federal Reserve districts 91-92, 96 Years ended December 31, 1930-49 103 State and private banks: December 31, 1949, by classes of banks and by States 117, 136-137, 144-145, 152, 156 Liabilities. (See Assets and liabilities of banks.) INDEX 195 Page Liquidation of national banks (see also Failures of banks) : Capital and number of banks, 1935-49 21 Capital, date, and title of banks, in year ended December 31, 1949, with names of succeeding banks in cases of succession , 24 Number of banks, in each State, since beginning of system 20 Summary, in year ended December 31, 1949 7-8 Loans and discounts of banks: All banks: December 31, 1949, classification of, by States 124-125 December 31, 1949, classification of, by classes of banks 117 June 30 and December 31, 1937-49 164 National banks: By size of banks (deposits), December 31, 1948 and 1949 29 Call dates in 1949, summary and by States 3, 33-86 December 31, 1949, classification of, by States 132-133 June 30 and December 31, 1937-49... / 165 Interest and discount earned on: According to size of banks (deposits), year ended December 31, 1949 .* 98 Year ended December 31, 1949, by States and Federal Reserve districts 87-88, 95 Years ended December 31, 1947-49 100 Losses charged off on: According to size of banks (deposits), year ended December 31, 1949 99 Year ended December 31, 1949, by States and Federal Reserve districts 91-92, 96 Years ended December 31, 1930-49 103 Real estate loans of, December 31, 1949, by States 132-133 State and private banks: December 31, 1949, classification of by States 140-141, 148-149, 154, 158 Losses. (See Earnings, expenses, and dividends of national banks; Failures of banks.) Mergers. (See Consolidations of banks.) Municipal bonds. (See Investments of banks.) Mutual savings banks: Assets and liabilities of: December 31, 1949, by States. 152-155 Insured, December 31, 1949 9 Uninsured, December 31, 1949 9 National bank circulation: Outstanding at date of failure, and lawful money deposited to secure circulation of national banks in charge of receivers in year ended December 31, 1949 168, 172-179 Outstanding December 31, 1949 8 National Bank Examiners. (See Examiners and assistant examiners.) National banks: Affiliates of, number, December 31, 1949 12 Assets and liabilities of: Call dates in 1949, by States 33-86 196 INDEX Page National banks—Continued Assets and liabilities of—Continued December 31, 1949, by States 128-135 Principal items of, according to size of banks (deposits), December 31, 1948 and 1949 29 Principal items of, June 30 and December 31, 1937-49 165 Branches. (See Branches of national banks.) By size of banks, on basis of deposits, December 31, 1948 and 1949 29 "Calls" for reports of condition of, dates, 1914-49 31 Capital stock. (See Capital stock of banks.) Charters granted, in year ended Decemeber 31, 1949 22 Consolidations. (See Consolidations of banks.) Conversions of State banks to, in year ended December 31, 1949, list of 23 Deposits. (See Deposits.) Dividends (See Earnings, expenses, and dividends of national banks; Failures of banks.) Earnings and expenses. (See Earnings, expenses, and dividends of national banks.) Failures of. (See Failures of banks.) Fiduciary activities. (See Fiduciary activities of national banks.) Holding company affiliates of, number, December 31, 1949 12 Insolvent. (See Failures of banks.) Investments. (See Investments of banks.) Liquidation of, in year ended December 31, 1949 7-8, 13, 24 Loans and discounts. (See Loans and discounts of banks.) Number of: Call dates in year 1949, by States 33-86 Chartered and closed: 1935-49 21 Since February 25, 1863 20 In existence December 31, 1949, by States 20 June 30 and December 31, 1937-49 165 With surplus fund equal to or exceeding common capital stock 1942-49 30 With surplus fund less than common capital stock 1942-49 30 Officers and employees, number and salaries of: By size of banks (deposits), calendar year 1949 98-99 Year ended December 31, 1949, by States and Federal Reserve districts 89-90, 95 Years ended December 31, 1947-49 100 Reports required from, in year ended December 31, 1949 12 Trust Functions. (See Fiduciary activities of national banks.) United States Government securities owned by. (See United States Government securities.) Officers and employees of national banks: Number and salaries of: By size of banks (deposits), calendar year 1949 98-99 Year ended December 31, 1949, by States and Federal Reserve districts 89-90, 95 Years ended December 31, 1947-49 100 INDEX 197 Page Organization of national banks: Charters granted, which were conversions of State banks in year ended December 31, 1949 23 Charters granted, in year ended December 31, 1949, list of, by States... 22 Number and authorized capital of, 1935-49 21 Number of, by States, from February 25, 1863, to December 31, 1949.... 20 Summary, in year ended December 31, 1949 7-8 Per capita demand and time deposits of individuals, partnerships, and corporations, in all active banks, December 31, 1949, by States 160-161 Personnel. (See Comptroller of the Currency, Office of.) Population, United States, December 31, 1949, by States 119-121 Possessions: Assets and liabilities of banks in: All banks, December 31, 1949 119-127 Banks other than national, December 31, 1949 136-151, 156-159 National banks, call dates in 1949 36, 46, 82 National banks, December 31, 1949 128-135 Earnings, expenses, and dividends of national banks in, year ended December 31, 1949 87-94 Per capita demand and time deposits of individuals, partnerships, and corporations, of all banks in, December 31, 1949 161 Postal savings. (See Deposits.) Private banks: Assets and liabilities of: December 31, 1949, by States 156-159 Suspensions. (See Failures of banks.) Profits. (See Assets and liabilities of banks.) Public funds. (See Assets and liabilities of banks.) Real estate held by banks. (See Assets and liabilities of banks.) Real estate loans. (See Loans and discounts of banks,) Receivers of national banks. (See Failures of banks.) Reports from national banks in year ended December 31, 1949 12 Reserve with Federal Reserve banks. (See Assets and liabilities of banks.) Salaries and wages of officers and employees of national banks. (See Earnings, expenses, and dividends of national banks.) Savings banks. (See Mutual savings banks.) Securities. (See Investments of banks; United States Government securities.) State bank failures. (See Failures of banks.) State banking officials: Name and title of, in each State, December 31, 1949 162-163 State commercial banks: Assets and liabilities of: December 31, 1949, by States 144-151 Insured, December 31, 1949 9, 162-163 Member banks of the Federal Reserve System, December 31, 1949.. .9, 162-163 Nonmember banks of the Federal Reserve System, December 31, 1949 9, 162-163 Suspensions. (See Failures of banks.) Uninsured, December 31, 1949 9, 162-163 Stock savings banks. (See State commercial banks.) Supervisors of State banks, name and title of, in each State, December 31, 1949 162-163 198 INDEX Page Suspensions. (See Failures of banks.) Taxes. (See Earnings, expenses, and dividends of national banks.) Time deposits. (See Deposits.) Titles of national banks. (See Consolidations of banks; Organization of national banks.) Trends in banking, 1946-49 4 Trust companies. (See State commercial banks.) Trust powers of national banks. (See Fiduciary activities of national banks.) United States Government deposits. (See Deposits.) United States Government securities: All banks: December 31, 1949, by States 119-121 December 31, 1949, by classes of banks 117 June 30 and December 31, 1937-49 164 National banks: By size of banks (deposits), December 31, 1948 and 1949 29 Call dates in 1949, by States 33-86 December 31, 1949, by States 128-129 June 30 and December 31, 1937-49 165 State and private banks: December 31, 1949, by States 136-137, 144-145, 152, 156 June 30 and December 31, 1937-49 166 Voluntary liquidation of national banks. (See Liquidation of national banks.)