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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.)
@FedFRASER