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EIGHTY-EIGHTH ANNUAL REPORT
OF THE

Comptroller of the Currency
1950

WASHINGTON : 1951
For sale by the Superintendent of Documents, U. S. Government Printing Office

Washington 25, D. C. - Price $1,25.(Cloth)






TREASURY DEPARTMENT

Document No. 3173
Comptroller of the Currency

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

Washington, D. C, July 10, 1951.
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 1950.
Respectfully,
PRESTON DELANO,

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




HI

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 1950.
The year witnessed a resumption of the inflationary trend which
prevailed during the postwar years 1946, 1947, and 1948. As pointed
out in our Report covering 1949, the trend was arrested during that
year, and there was basis for the hope that the national economy was
regaining stability of the type which yields benefits to all segments
of our economic life.
Unfortunately, international events of the year 1950, and the perhaps inevitable reaction of business and individuals to those events,
profoundly disturbed that stability. Certain forces making for inflationary maladjustments again became dominant, despite earnest
efforts to prevent, and later to arrest, their development.
These events naturally were reflected in the condition of our country 7s 4,965 national banks, which at the end of the year had total
resources of more than $97 billion—slightly over half of the total
banking resources of the United States. The aggregate loans of the
national banking system rose over $5 billion to a total of $29.3 billion,
an increase of 23 percent. At the beginning of the year national
banks' holdings of United States Government securities exceeded
their total outstanding loans by $14.4 billion; by December 30 the
difference was only $6.4 billion. The relative importance of loans,
as compared with security investments, was greater, with respect to
both volume and income, than it had been since prior to our entry
into World War II. The $2.6 billion reduction in Federal Government bond holdings was offset in part by acquisition of an additional
$1 billion of obligations of States and their subdivisions, and the
remainder (supplemented by shifts of other assets) was balanced by
an increase of $2.8 billion in cash and balances with banks.
Demand deposits increased $6 billion during the year, primarily
as a result of the $5 billion increase in loans, previously mentioned.
As might have been expected, time deposits did not rise significantly,
ending the year at $20 billion, in contrast to a demand deposit total
of almost $70 billion.
The expanded loan volume reflected the high levels of purchases of
all types, from raw materials to household goods. Loans to business
enterprises rose $3 billion to a total of $13.4 billion. Loans secured
by residential real estate increased from $4.6 to $5.5 billion. Consumer loans increased $1.2 billion, reaching a total of $5.7 billion at




2

REPORT OF THE COMPTROLLER OF THE CURRENCY

the end of the year. Loans to farmers directly guaranteed by the
Commodity Credit Corporation fell from almost $600 million to less
than $200 million, while other loans to farmers rose from $1 billion
to $1.2 billion.
At the end of 1950, national banks' investment accounts constituted
44 percent ($42.8 billion) of their total resources. The character of
security investments was generally sound from the standpoints of
both credit quality and maturity position. Over 83 percent ($35.7
billion) were Federal Government obligations, of which almost $27
billion had maturities of less than 5 years (a substantial portion of this
maturing within 1 year), and only $3.3 billion had more than 10 years
to run. Holdings of short-term Federal Government issues were
well distributed among banks of all size groups.
The previously mentioned shift from obligations of the Federal
Government to obligations of State and local governmental units
was occasioned in part by the prospect of more severe taxation.
State and municipal issues became more attractive by reason
of their largely tax-free status. In addition, it must be borne
in mind that borrowing of new money by States and their political
subdivisions was of record proportions during 1950, amounting to
$3.4 billion, and banks naturally felt a responsibility and desire to
assist in financing local government issues.
The fixed assets of national banks, in the vast majority of instances,
are carried at or below unrecovered values for income tax purposes,
with many millions of dollars of depreciation anticipated. This
conservative position is reflected in the fact that the aggregate investment of national banks in fixed assets of every description amounts
to $700 million (book value as distinguished from actual realizable
value), which is only 11 percent of their total capitalization.
Unremitting attention has been given to adequate and sound
capitalization of national banks, especially in view of the increased
hazards necessarily involved in a greatly increased loan volume during an inflationary period. While a few bankers (with executive
experience limited in many cases to the past 15 years) argue that the
character of their lending and general management policies provides
a sufficient substitute for increased capital, the vast majority agree
with our principle that there is no acceptable substitute for the protection afforded both depositors and shareholders by an adequate
capital structure. A number of banks voluntarily increased capital
through sale of new stock, and the general response of the managements and shareholders of national banks to recommendations that
additional capital be provided to accommodate their increased volume
of business has been gratifying.
Despite a decrease of 16 in the number of national banks, the
capital structure of the system increased almost $400 million during
1950, reaching $6.3 billion at the end of the year. In addition, reserves for bad debts were increased by $77 million to a total of $388
million.
Over $300 million of the capital-structure growth came from retained earnings. In addition, 102 smaller banks (deposits less than
$25 million) added $10 million to capital funds through the sale of
additional stock; 21 middle-sized banks (deposits between $25 million
and $100 million) issued additional stock for $8 million; and 10 larger



REPORT OF THE COMPTROLLER OF THE CURRENCY

3

banks (deposits over $100 million) sold new stock for a yield of $92
million.
Banks are finding that the manpower requirements of the armed
services, plus those resulting from the expanding activities of industry
and commerce, are tending to syphon off bank employees. Even
more serious, in some situations, is the fact that too many small
banks are managed solely by aging officers, with no adequate replacement personnel in their organizations. In such cases, upon the
death or retirement of key personnel, the directors are unable to find,
or consider they cannot afford, competent management from outside sources. As a result, an increasing number of such banks are
being absorbed by others. In certain areas, particularly where Statewide branch banking is permitted, this is causing a steady reduction
in the number of small unit banks and ever-greater concentration of
banking resources under the control of relatively few large institutions.
Everyone interested in local banks, and particularly bank directors,
would do well to place greater emphasis on measures designed to
correct this weakness, knowing that a bank without adequate management has only two possible destinations—absorption or failure.

In the domestic economy of the United States, undoubtedly the
most significant fact of the year 1950—particularly the second halfwas the inflationary^ trend at an accelerating tempo. The subject of
inflation—its causes, course, prevention, curbing, and effects—has
been discussed in millions of words within the last year. Every
aspect of the problem has been extensively studied, and the results
of that study have been presented to all levels of political and economic activity. Nevertheless, our realization of the basic importance
of this matter should never become dulled, despite frequent reiteration.
It is not too much to say that, in addition to being grossly and arbitrarily unfair to large segments of the population, inflation weakens
the spirit of energy and initiative which is responsible for our nation's
economic preeminence. It discourages planning and saving by individuals and businesses. Despite its temporary hectic stimulation,
it introduces an element of uncertainty which undermines the sound
foundations of efficiency and an expanding future.
There appears to have been much misunderstanding regarding the
causes of the recent inflationary rise, and a failure to grasp the relative
force of various factors and their interrelationship. When effective
demand for goods and services increases, there is almost certain to
be an increase in price levels unless the supply of goods and services
can be increased at a rate sufficiently rapid to satisfy the expanded
demand. In 1950, this was not the case. We had relatively little
idle productive equipment; we were already using some raw materials
as fast as they could be produced; and the pool of available additional
manpower was comparatively small. In these circumstances, prices
were certain to rise as people had more money to spend and were willing
to spend it.
What were the means by which the increased demand was made
effective? There has been a tendency to oversimplify this problem
by attributing the inflationary movement largely to the $8.5 billion



4

REPORT OF THE COMPTROLLER OF THE CURRENCY

expansion in bank loans during the latter half of the year. For some
reason, it has been customary to overlook the fact that effective dollar
demand is made up of two factors—not only the absolute volume of
money (credit as well as currency) available, but also the velocity of
the turnover of that money.
The outbreak of the Korean conflict, and various crises since that
event, stimulated waves of buying in excess of immediate needs,
because individuals and business concerns anticipated both higher
prices and shortages of desired materials and products. As a result,
money which had been idle became active, and money generally
passed from hand to hand, from account to account, more rapidly.
This utilization of idle funds and more rapid turnover would have
exerted an upward pressure on the price structure even in the absence
of any increase in the quantity of money in bank accounts, tills and
pockets.
In fact, however, the volume of available money also increased.
As indicated previously, there was a substantial increase in bank
credit during the second half of 1950, and some portion of this undoubtedly made its contribution to the inflationary advance.
A relatively small part of bank credit expansion during 1950 reflected the financing of defense-engendered conversion or construction
of plants and equipment. A certain portion of the expansion undeniably was due to the widespread impulse, already mentioned, to
increase business
inventories beyond normal volume and to buy
consumers1 goods in advance of actual need. The origin of this
impulse was the fear of higher prices and the possibility that restrictions on civilian production might create shortages of raw materials
and finished products. This was evidenced, in the field of banking,
by the abnormal volume of loans to manufacturers, distributors, and
retailers for the purpose of building up inventories of raw material
and finished goods.
However, it should be emphasized that, as a result of higher price
levels, a large part of the increase in commercial bank credit was
due to the need of regular customers for abnormal credit to carry
normal inventories. It would be unreasonable to expect a bank to
place a 1949 ceiling on its customer's 1950 borrowings, thereby forcing
him either to curtail normal operations or to seek another source of
credit for his legitimate and uninflated needs.
The foregoing discussion is intended to present bank credit expansion in its correct perspective as one factor—although by no means
the sole or even chief factor—contributing to the rise in price levels
during 1950. By providing a part of the means for premature and
excessive purchases, in an economy already pressing against its
productive-capacity ceiling, some lending by banks was adding to
the pressure in the inflationary engine.
It is noteworthy that the growth in loan volume occurred among
national banks of all sizes, but was somewhat more pronounced among
the very largest city banks, probably because the greatest credit
demands during the year came from major industrial and commercial
concerns, which dealt primarily with the larger banks, capable of
furnishing credit in the required volume. Thus, of the 4,965 banks
in the national banking system, the 126 banks with deposits in excess
of $100,000,000 held 63 percent of the total loan volume, but origi


REPORT OF THE COMPTROLLER OF THE CURRENCY

5

nated 70 percent of the loan increase during 1950 ($3.8 billion out of
$5.4 billion total). At the other extreme, the 4,535 national banks
with deposits of less than $25,000,000, which hold 23 percent of total
loans, were responsible for only 14 percent of the loan increase in 1950.
Without doubt, many banks spontaneously exercised restrictive
lending policies in an effort to do their share toward maintaining a
stable economy, regardless of the excesses of others. The situation,
however, called for a more concerted and cooperative effort.
Starting in July, steps were taken to stem the tide of credit expansion growing out of and aiding inflated economic activities. Certain
restrictions on mortgage financing guaranteed or insured by the
Federal Housing Administration or Veterans' Administration were
placed into effect, in that month, in order to conserve building materials needed for national defense. In September Federal Reserve
Regulation "W" again became effective, thereby restricting installment credit. In October an additional curb was applied, through
Federal Reserve Regulation "X," upon credit for new residential
real estate. However, despite the relatively severe character of
Regulation "X," a high volume of new mortgage activity continued
through the late months of the year.
In August the Federal and State bank supervisory authorities issued
a "Defense Loan Policy" statement and requested banks and other
financial institutions to decline to make loans that might be used for
speculative purposes or otherwise interfere with defense requirements.
Also in August the Board of Governors of the Federal Reserve
System increased the discount rate from V/2 to 1% percent. However,
the direct effect of this step was necessarily limited, because—despite
greatly increased loan accounts—banks were borrowing very moderately from the Federal Reserve System and correspondent banks.
The total of such indebtedness of national banks at the end of the
year was less than $80 million.
In the nature of things the various steps taken during the last six
months of 1950 to check the expansion of credit could have comparatively little immediate effect. Joined with that of other essential
anti-inflationary measures, however, they provided the groundwork
for further efforts in 1951, which are becoming increasingly effective
as this Report is written.
In any economy undergoing a substantial degree of inflation and
loan expansion, credit hazards are definitely increased. During
periods of expanding activity and rising prices, almost everyone's
credit appears to be good, at least on a short-term basis. It is to be
hoped that fewer bankers have lost sight of this basic principle during
the past year than have done so in our earlier inflationary experiences.
Nevertheless, when the international situation becomes more settled,
more than a few borrowers, and their banks, may be confronted with
definite loan repayment problems.
Despite such hazards, which are perhaps unavoidable in a freeenterprise system, it is believed that the national banking system of
the United States, at the midpoint of the twentieth century, is adequately equipped—in its sense of public responsibility as well as in
numbers, personnel, organization, and resources—to discharge creditably its vital functions in our dynamic economy.



6

REPORT OF THE COMPTROLLER OF THE CURRENCY

A comparison of the assets and liabilities of the banks in the National Banking System as of December 31, 1949, April 24, June 30,
October 4, and December 30, 1950, reported pursuant to calls for
condition statements by the Comptroller of the Currency, is shown
in the following table.




Assets and liabilities of national banks on dates indicated
[In thousands of dollars]
Dec. 31, 1949
(4,981 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 stocks of Federal Reserve banks
Total loans and securities
Cash, balances with other banks, including reserve balances, and cash items in
process of collection
Bank premises owned, furniture and
fixtures
.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other
real estate
Customers' liability on acceptances
Income accrued but not yet collected
Other assets
Total assets

23,928, 293
38, 268,473
2,050
3,747, 200
2,023, 542
166,485

Apr. 24, 1950
(4,982 banks)

June 30,1950
(4,977 banks)

Oct. 4, 1950
(4,975 banks)

27,168,061
35,806, 312
3,588
4, 567,337
2,370,173
178,578

Dec. 30, 1950
(4,965 banks)

29,277,480
35,687,933
3,627
4,687,048
2,468,442
175,573

68,136,048

24,135,464
37,611,919
4,188,866
2,053, 616
169, 639
68,159,504

68,916,549

70,094,049

72,300,103

21,044,958
599, 582
12,184

18,876,766
611,428
14,383

19,962,172
613, 526
14,593

20,414,102
629,235
15,160

23,813,435
636,825
14,352

51,831
106,421
166,653
121,507

51,856
79,169
170,393
112,359

54,442
90,312
172, 521
112,497

55,363
136,685
145,443
134,664

57,365
116,300
172, 862
128,851

90, 239,179

88,075,858

89, 936, 612

91, 624, 701

97,240,093

47,352, 731
18,954,970
2,030,693
5,423, 285
8, 279, 678
1,302,961

46,151,980
19,149,165
1, 944,094
5,357, 725
7,196,001
1,081,308

46, 787, 942
19, 218, 390
2,402,109
5,683,478
7,363, 254
1, 204, 618

48,729,481
18,938,109
1,826, 503
5,356,478
7,976,705
1,129,051

52,051,784
19,010, 542
1, 910, 944
5, 707,194
9,135,365
1, 713,803

83,344,318

80,880,273

82,659,791

83,956,327

89, 529,632

20,360,162

63,848,108
20,108,219

69,332,926
20,196,706
76,644
359
134, 631
177,839
303,002
688,997
90, 911,104

24,671,880
37, 649,227
2,019
4,294,138
2,127,187
172, 098

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Deposits of U. S. Government and postal savings
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 outstanding-...
Income collected but not yet earned
Expenses accrued and unpaid
_
Other liabilities
Total liabilities




63,293,252
20,051,066
7,562
260
123,927
138,910
231, 581
458, 280

76,171
249
86,450
156,813
265,192
554,153

165, 506
248,282
544,059

100,922
244
155, 517
191,488
293, 538
599,407

84,304, 838

82,019,301

83,741,545

85, 297,443

24,783
244

Assets and liabilities of national banks on dates indicated—Continued

00

[In thousands of dollars]
Dec. 31, 1949
(4,981 banks)

Apr. 24, 1950
(4,982 banks)

June 30, 1950
(4,977 banks)

Oct. 4, 1950
(4,975 banks)

Dec. 30, 1950
(4,965 banks)

CAPITAL ACCOUNTS

Capital stock (see memoranda below)
Surplus
_
_Undivided profits
Reserves and retirement account for preferred stock

1,916,340
2,639,440
1,067,664
310,897

_-

Total capital accounts
Total liabilities and capital accounts

1,943,108
2,680,807
1,121,893
310,749

1,979,941
2,770,630
1 133,190
311,306

1,989,941
2,791,349
1 229 932
316,036

2,001,650
2,925,104
1 124 223
278,012

5,934,341

6,056, 557

6,195,067

6,327, 258

6,328,989

90, 239,179

88,075,858

89,936, 612

91,624,701

97, 240,093

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)




15,621
947
1,899,772

15,795
879
1,926,434

15, 713
854
1,963,374

14,628
825
1,974,488

14,364
738
1,986, 548

1,916,340

1,943,108

1,979,941

1,989,941

2,001,650

21,923
1,284

21,073
1,154

20,991
1,129

19,497
1,100

19, 233
1,013

23,207

22,227

22,120

20,597

20,246

9,816,904

10,270,163

10,404,114

10,351,293

10,304,151

O
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O

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O

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9

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, 1947-50
1948

1949

Percent
43.90
3.42
.14
2.30

Percent
39.69
3.62
.14
2.19

Percent
42.41
4.15
.15
2.28

1947
ASSETS

Securities:
IT. S. Goverment, direct and guaranteed
Obligations of States and political subdivisions
Stock of Federal Reserve banks
Other bonds and securities.
Total securities._

_

1950

Percent
36.70
4.82
.15
2.57

49.76

45.64

48.99

44.24

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

30 11
12.74
11. 7*
.66
.01
.49

_

100.00

100. 00

100. 00

100. 00

Deposits:
Demand of individuals, partnerships, and corporations
Time of individuals, partnerships, and corporations.
U S Government
States and political subdivisions-— _ .
Banks
Other deposits (including postal savings)

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

53.53
19.55
1.96
5.87
9 39
1.77

Loans and discounts
Cash and balances with other banks, excluding reservesReserve with Reserve banks
Bank premises, furniture and fixtures
Other real estate owned
All other assets
Total assets
LIABILITIES

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

__ _

93.02

92.64

92.36

92.07

71.04
21.98
.85

70.28
22.86
.93

70.14
22.22
1.06

71. SO
20.77
1.42

2.01
2.71
1.41

2.07
2.85
1.51

2.12
2.03
1.53

2.06
3.01
1.44

6.13

6.43

6.58

6.51

100.00

100.00

100. 00

100.00

EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS FOR
YEAR ENDED DECEMBER 31, 1950

The net operating earnings of national banks in the year ended
December 31, 1950, were $855,000,000, an increase of nearly $100,000,000 over the amount reported for the preceding year.
Gross earnings were $2,192,000,000, an increase of $188,000,000
over the gross earnings for the year 1949. The principal items of
operating earnings in 1950 were $1,103,000,000 from interest and discount on loans, an increase of $134,000,000 over 1949, and $590,000,000 from interest on United States Government obligations, an increase of $8,000,000. Other principal items of operating earnings were
$132,000,000 from interest and dividends on securities other than
United States Government obligations, an increase of $14,000,000 over
the previous year, and $120,000,000 from service charges on deposit
accounts, an increase of $10,000,000. Operating expenses, excluding
taxes on net income, were $1,337,000,000 as against $1,248,000,000



10

REPORT OF THE COMPTROLLER OF THE CURRENCY

in 1949. Principal operating expenses were $664,000,000 for salaries
and wages of officers and employees and fees paid to directors, an increase of $53,000,000 over 1949, and $190,000,000 expended for interest on time and savings deposits, an increase of $6,000,000.
Adding to the net operating earnings profits on securities sold of
$61,000,000 and recoveries on loans and investments, etc. (including
adjustments in valuation reserves) of $93,000,000 and deducting losses
and charge-offs (including current additions to valuation reserves) of
$216,000,000, and taxes on net income of $255,000,000, the net profits
before dividends for the year 1950 were $538,000,000, which amounts
to 8.74 percent of capital funds.
Cash dividends declared on common and preferred stock in 1950
totaled $230,000,000 in comparison with $205,000,000 in the previous
year. The rate of cash dividends was 3.73 percent of the average
capital funds during the year. The cash dividends in 1950 were 43
percent of the net profits available for the year. The remaining 57
percent of net profits, or $308,000,000, was retained by the banks in
their capital funds.
Interest and dividends on securities represented 33 percent of gross
earnings for the year, with the banks in the twelfth Federal Reserve
district showing the lowest ratio at 24 percent, while the seventh district showed nearly 42 percent for the highest ratio. Interest and
discount on loans accounted for 50 percent of the banks' earnings,
varying from 42 percent in the seventh district to 59 percent in the
eleventh and twelfth districts. 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 and ninth districts. Current operating earnings before income taxes were 39 percent of gross earnings,
ranging from 37 percent in the first and ninth districts to 43 percent
in the tenth district.
The rate of interest and dividends received on the average securities
held during the year was 1.65 percent, and varied from 1.57 percent
at the banks in the seventh district to 1.90 in the third district. On
the average loans and discounts the rate of interest and discount
varied from 3.34 percent in the second district to 4.94 percent in the
twelfth district. The national average was 4.25 percent.
Current operating earnings before income taxes were 14 percent on
the average total capital accounts, varying from 10.4 percent in the
second district to 20.5 percent in the twelfth district. Net profits
after income taxes but before dividends were 9 percent on the average
capital accounts, ranging from 6 percent in the first district to 11.6
percent in the twelfth district.
Summaries of the earnings, expenses, and dividends of national
banks for the years ended December 31, 1949 and 1950, are shown
in the following table.




REPORT OF THE COMPTROLLER OP THE CURRENCY

11

Earnings, expenses, and dividends of national banks for years ended Dec. 81,
1949 and 1950
[In millions of dollars]

Number of banks 1
Capital stock (par
value) 2_.
Capital accounts 2
Earnings 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
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 _._
Allother
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
Allother
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)..

See footnotes at end of table.



Change
since 1949

1950

1949

4,965
1,966.0
6,152.8

4,981
1,884. 4
5,811.0

+81.6
+341.8

590.5
132.3
1,103.4
119.6
246.9

582.2
117.7
969.1
109.5
226.3

+8.3
+14 6
+134. 3
+10.1
+20.6

2,192. 7

2,004. 8

+187.9

663.8
190.4
74.4
33.6
374. 8

611.0
184.0
65.7
30.7
356.9

+52 8
+6.4

1,337.1

1, 248. 3

855. 6

756. 5

+88.8
+99.1

9.7
29 0
61.0

6.1
15 4
40.2

15 4
13.3
25.4

13 5
11.5
30.8

153. 7

117.5

+36.2

24.0
41.4

21.3
18.3

+2.7
+23.1

11.0
109.3
30.7

14.5
122.1
28.9

-3.5
-12.8

216.3

205.1

793.1

668.9

242.0
13.5

183. 0
11.0

-16

4-8
+2.97
+17.9

+3.6
+13 6
+20.8
+1 9
+1.8
-5.4

+1.8
+11.2
+124. 2
+59.0
+2.5
+61. 5
+62.7

255.5

194.0

537. 6

474.9

.7
228.8

1.1
203.6

229.5

204.7

-.4
+25.2
+24.8

1.8
13.0

1.4
12.8

+.4
+•2

2.8
33.6
47.1

2.3
45 0
87.0

-11.4
-39.9

+.5

12

REPORT OF THE COMPTROLLER OF THE CURRENCY

Earnings, expenses, and dividends of national banks for years ended Dec. 31,
1949 and 1950—Continued
[In millions of dollars]

Katios:
Expenses to gross earnings
Net profits before dividends to capital accounts.
Cash dividends to capital stock.
__
Cash dividends to capital accounts

1950

1949

Percent
60.98
8.74
11.67
3.73

Percent
62.27
8.17
10.87
3.52

Change
since 1949
Percent
-1.29
+.57
+.80

+.21

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.
STRUCTURAL CHANGES IN THE NATIONAL BANKING SYSTEM

The authorized capital stock of the 4,969 national banks in existence
on December 31, 1950, including 4 inactive banks, consisted of common capital stock aggregating $1,987,355,037, a net increase during
the year of $88,081,545, and preferred capital stock aggregating
$15,413,655, a net decrease during the year of $1,784,803.
In addition to 16 applications with proposed common capital stock
of $3,200,000 carried over from the previous year, 35 applications
were received to organize national banks and to convert State banks
into national banking associations, with proposed common capital
stock of $3,950,000. Of these applications, 13 with proposed common capital stock of $2,850,000 were approved; 19 with proposed
common capital stock of $2,075,000 were rejected, and the remainder
had been abandoned or were still pending on December 31. From
the applications carried over from the previous year and those approved during 1950, 15 national banking associations with common
capital stock of $3,150,000 were authorized to commence business.
Of the charters issued, 6 with common capital stock of $1,450,000
resulted from the conversions of State banks, and 2 with common
capital stock of $175,000 were organized to acquire the business of 2
liquidating national banks.
During the year, 20 national banks and 12 State banks were consolidated under authority of the act of November 7,1918, as amended,
into 16 national banking associations with common capital stock of
$23,285,000. Approximately $110,486,274 of assets were brought
into the national banking system by reason of the 12 State banks being
consolidated with national banks. In addition, national banks reported the purchase of 21 State banks, with capital stock of $3,855,000
and assets of approximately $148,540,500.
During the year, 24 national banks with common capital stock,of
$9,252,000, 1 of which also had $123,000 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,
15 with common capital stock of $7,977,000, 1 of which also had $123,000 of preferred capital stock, and assets of $277,198,184, were succeeded by other national banks; 8 with common capital stock of
$1,250,000 and assets of $52,675,446, were succeeded by State banks,



13

REPORT OF THE COMPTROLLER OF THE CURRENCY

and 1 with common capital stock of $25,000 and assets of $667,279,
paid its depositors and quit business. In addition, 1 national bank
with common capital stock of $100,000 and assets of $3,280,415, left
the system by converting into a State bank under the provisions of
Public Law 706.
Changes in the number and capital stock of national banks during
the year ended December 31, 1950, are shown in the following summary.
Organization, capital stock changes, and national banks closed as reported during the
year ended Dec. 31, 1950
Number
of banks

Increases:
Banks newly chartered:
Primary organizations
Reorganizations
Conversions of State banks
Capital stock:
133 cases by statutory sale
280 cases by statutory stock dividend
27 cases by stock dividend under articles of association
14 cases by statutory consolidation. _
.
1 case 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
Conversion into State bank
Receiverships
Capital stock:
58 cases by retirement
2 cases by statutory reduction . . . _
,
1 case by statutory consolidation

_

7
2
6

Capital stock
Common

Preferred

$1, 525,000
175, 000
1, 450, 000
41, 892 000
45, 738, 570
1, 886, 475
5,048, 500

$156, 500
600, 000

15

97, 715, 545

756, 500

15
8
1
4
1

7, 977, 000
1, 250, 000
25, 000

123, 000

100, 000
2, 418,303
82,000
200,000

Total decreases

29

9, 634,000

2, 541,303

Net change.. _. ._
.__
_
Charters in force Dec. 31.1949, and authorized capital stock-

-14
4,983

88,081,545
1, 899, 273,492

- 1 , 784, 803
17,198,458

Charters in force Dec. 31,1950, and authorized capital stock.

4,969

1, 987, 355, 037

15, 413, 655

BRANCHES

On December 31, 1950, 326 national banks were operating a total
of 2,153 branches, including 8 seasonal offices. In 9 of the States,
namely, California, New York, Washington, Pennsylvania, Massachusetts, Oregon, Michigan, New Jersey, and Ohio, there were 186
national banks operating 1,613 branches, which was 75 percent of
the number of all branches at the year end.
During the year ended December 31, 1950, 159 branches were
brought into the national banking system. Of the 159 branches, 92
were authorized to operate in places other than the city in which the
parent bank is located. During the same period 8 branches were discontinued, 4 through actions of the boards of directors of the parent
banks and 4 through voluntary liquidation of the parent banks.
948358—51

2




14

REPORT OF THE COMPTROLLER OF THE CURRENCY

Of the 159 branches authorized, 125 were operating on December
31, 1950. Three branches authorized in 1949 did not begin operations
until 1950. There was a net gain in the system of 120 operating
branches in the year.
NATIONAL BANK NOTES OUTSTANDING

There were as of December 31, 1950, $84,941,592 of national bank
notes outstanding.
DISTRIBUTION OF ALL BANKS
On December 30, 1950, there were 14,666 commercial and savings
banks in the United States and possessions with deposits of $176,120,158,000. Of these banks, 13,640, or 93 percent, with 95 percent
of the deposits, were insured banks. The 4,958 national banks,
members of the Federal Reserve System, represented 3.4 percent of
all banks and held 51 percent of the total deposits. The 529 mutual
savings banks, of which 194 were insured, held $20,031,336,000 of
deposits.
Classification of all banks, Dec. 861, 1950
Banks
Number
of
banks

Insured banks:
National
State memberCommercial
Mutual savings
Nonmember—
State commercial!
Mutual savings
Total insured banks
Uninsured banks:
Nonmember—
State commercial
and private 2-_
Mutual savings
Total uninsured banks
Total all banks
1

Percent
of grand
total

Change in
12 months
(percent
of grand
total)

Amount
(000
omitted)

Percent
of grand
total

Change in
12 months
(percent
of grand
total)

$89, 281, 257

50.69

43, 790, 754
16, 889

24.87
.01

20, 425, 600
14,303,196

11.60
8.12

-.09
—. LO

93.00

-0.03
+.02
0
+.32
+.01
+.32

167, 817, 696

95.29

+.41

4.71
2.29

-.31
-.01

2, 591, 211
5, 711, 251

1.47
3.24

-.20
-.21

1,026

7.00

-.32

8, 302, 462

4.71

-.41

14,666

100.00

176,120,158

100.00

4,958

33.80

1,912
3

13.04
.02

6,576
191

44.84
1.30

13, 640

691
335

Includes 5 nonmember insured national banks.
2 Includes 2 nonmember uninsured national banks.




Deposits

+0.39
+.21
0

REPORT OF THE COMPTROLLER OF THE CURRENCY

15

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 30, 1950, amounted to $192,241,000,000,
an increase of $12,198,000,000 since December 31, 1949.
The total deposits at the end of 1950 amounted to $176,120,000,000,
an increase of $10,876,000,000 over 1949. Included in the 1950
figures are deposits of individuals, partnerships, and corporations of
$146,517,000,000, an increase of $8,647,000,000 in the year. Deposits
of the United States Government, including postal savings deposits,
were $3,069,000,000, a decrease of $256,000,000, or 8 percent, since
December 1949; deposits of States and political subdivisions amounting to $9,546,000,000 showed an increase of $589,000,000, or 7 percent,
in the year, and deposits of banks of $14,050,000,000 were
$1,329,000,000, or 10 percent, more than in 1949.
Loans and discounts amounted to $60,711,000,000 in December
1950 after deducting reserves of $927,000,000 for possible future
losses. The net loans were $10,883,000,000, or 22 percent, over the
amount reported as of the end of 1949. Commercial and industrial
loans of $22,068,000,000 were 28 percent more than at the end of
1949; consumer loans of $10,243,000,000 increased 26 percent in the
year; real estate loans of $21,925,000,000 were up 19 percent, and all
other loans of $7,402,000,000 increased 7 percent.
The banks held obligations of the United States Government, direct
and guaranteed, of $73,188,000,000 in December 1950, a decrease of
$5,566,000,000, or 7 percent, since December 1949. Obligations of
States and political subdivisions held amounted to $8,249,000,000, an
increase of $1,592,000,000, and other securities held amounted to
$6,568,000,000, an increase of $543,000,000. The total of all securities
held at the end of 1950 was $88,005,000,000, and represented 46
percent of the banks' total assets. At the end of the previous year
the ratio was 51 percent.
Cash and balances with other banks, including reserve balances,
in December 1950 were $41,236,000,000, an increase of 12 percent
since 1949.
Total capital accounts were $13,916,000,000, compared to
$13,165,000,000 at the end of 1949. The total of surplus, profits,
and capital reserves at the end of 1950 was $10,246,000,000, an increase of $629,000,000, or 7 percent in the year.




16

REPORT OF THE COMPTROLLER OF THE CURRENCY

A statement of the assets and liabilities of all classes of active banks
in the country at the end of December 1949 and 1950 follows.
Assets and liabilities of all banks in the United States and possessions, 1949 and 1950
[In millions of dollars]
Dec. 30,
1950

Number of banks

Dec. 31,
1949

Change
since 1949

14, 666

14, 705

-39

21, 925
22, 068
10, 243

18, 350
17,195
8,159

+3, 575
+4,873
+2,084

2,881
4,521

2,658
4,253

+223
+268

61, 638
927

50, 615
787

+11, 023
+140

60, 711

49, 828

+10, 883

73,188
8,249
6,011
557

78, 754
6,657
5,505
520

- 5 , 566
+1, 592
+506
+37

88, 005

91, 436

-3,431

2,343

2,185

+158

38, 893
1,241
33

34, 491
1,173
32

+4,402
+68

103
235
677

86
191
621

+17
+44
+56

192, 241

180,043

+12,198

91, 314
55, 203
3,069
9,546
14, 050
2,938

83, 454
54,416
3,325
8. 957
12, 721
2,371

+7,860
+787
-256
+589
+1,329
+567

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

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
U. S. Government and postal savings deposits
.
D eposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits

176,120

165, 244

+10, 876

Demand deposits
Time deposits

118, 794
57,326

108, 976
56, 268

+9, 818
+1, 058

Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks and outstanding
Other liabilities
Total liabilities

95

27

+68

270
1,840

222
1,385

+48
+455

178,325

166, 878

+11,447

47
62
3,561
6,854
2,809

48
69
3,431
6,385
2,626

+130
+469
+183
-23

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
-7

583

606

13, 916

13,165

+751

192, 241

180, 043

+12,198

NOTE.—Figures for nonnational banks obtained from the Federal Deposit Insurance Corporation.




REPORT OF THE COMPTROLLER OF THE CURRENCY

17

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,-1950. Reports were required as of April
24, June 30, October 4, and December 30. 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 powers 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 foreign branches as of December 30, 1950.
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 30, 1950.
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 30, 1950, and reports of receipts and disbursements for the year ended December 31, 1950.
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 1950, 862
of the national banks reported 12,091 affiliates and holding company
affiliates, of which 10,433 were duplications reported by 241 banks.
The actual number of affiliates, or 1,658, included 23 holding company affiliates which controlled 196 active national banks. The
number of banks in each holding company group varied from 1 to 48.
At the end of 1949 there were 23 holding company affiliates which
controlled 195 national banks, varying in number from 1 to 48 associations. Under the waiver of requirement for reports of affiliates,
it was necessary for only 355 banks to submit and publish 408 reports
of affiliates and holding company affiliates. Of the latter number
182 were duplications of reports of affiliates and holding company
affiliates by 179 banks.




18

REPORT OF THE COMPTROLLER OF THE CURRENCY
LIQUIDATION OF INSOLVENT NATIONAL BANKS

During the year ended December 31, 1950, there were no failures
of national banks. The liquidation of two insolvent national banks
was completed during the year, leaving a total of two receiverships
in process of liquidation as of December 31, 1950, both of which were
involved in litigation.
ISSUE AND REDEMPTION OF NOTES

One thousand one hundred and thirty-two shipments of Federal
Reserve currency were made from Washington, D. C , during the
year ended December 31, 1950, to Federal Reserve agents and Federal
Reserve branch banks, aggregating $5,373,080,000, and in addition,
26 deliveries were made to the Treasurer of the United States aggregating $123,200,000.
Four thousand nine hundred and thirty-seven lots of unfit Federal
Reserve currency were received for verification and certification for
destruction consisting of 451,953,871 notes aggregating $5,621,223,835.
There were received 15 lots of national bank notes for verification
and certification for retirement and destruction consisting of 347,389
notes aggregating $5,418,818.
One hundred eighty-four thousand one hundred and forty-nine
fragments or charred Federal Reserve and national bank notes aggregating $3,450,145 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, 1950, 9,870 examinations of
banks, 4,045 examinations of branches, including 30 foreign branches,
1,675 examinations of trust departments, and 34 examinations of
affiliates were conducted. Seventeen 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 137 new branches.
ORGANIZATION AND STAFF
On December 31, 1950, the Office of the Comptroller of the Currency
had in its employ 1,115 persons. Of these, 193 were assigned to the
Washington Office, including 30 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 11 during the year.




REPORT OF THE COMPTROLLER OF THE CURRENCY

19

Fifteen national bank examiners and 69 assistant national bank
examiners left the service during the year. In the same period 20
assistants were promoted to examiner and 57 new assistants were
appointed, leaving a total of 261 examiners and 537 assistant examiners
in the service at the end of the year. There were 124 clerks employed
in the 12 Federal Reserve districts at the end of the year. During the
year 1950, 1 national bank examiner and 14 assistant national bank
examiners were placed on military furlough. The total field force
during the year decreased by 52 persons.
On September 1, 1950, Mr. L. A. Jennings, a career employee
who had served the office in various bank examining positions for
approximately 22 years, was appointed Third Deputy Comptroller
to succeed Mr. J. W. Hudspeth, who was assigned to St. Louis, Mo.,
as district chief national bank examiner.
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 1950
aggregated $6,965,824.53.
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 1950 totaled $62,704.90.
Expenses of the Federal Reserve Issue and Redemption Division
are paid by the Federal Reserve banks. These expenses for the
calendar year 1950 amounted to $106,971.39.







APPENDIX
21

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, 1950
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 1950
No. 4. National banks chartered during the year ended December 31,
1950
No. 5. National banks chartered which were conversions of State banks
during the year ended December 31, 1950
No. 6. National banks reported in voluntary liquidation during the year
ended December 31, 1950, 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, 1950, under act November 7, 1918, as amended
No. 8. Number of domestic branches of national banks authorized during
the year ended December 31, 1950
No. 9. Number and class of domestic branches of national banks closed
during the year ended December 31, 1950
No. 10. Principal items of assets and liabilities of national banks, by
size of banks, according to deposits, December 31, 1949 and
1950
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 1950
No. 12. Dates of reports of condition of national banks, 1914 to 1950
No. 13. Assets and liabilities of national banks on April 24, June 30,
October 4, and December 30, 1950
No. 14. Earnings, expenses, and dividends of national banks, by States,
for the year ended December 31, 1950
No. 15. Earnings, expenses, and dividends of national banks, by Federal
Reserve districts, for the year ended December 31, 1950
No. 16. Earnings, expenses, and dividends of national banks, by size of
banks, for the year ended December 31, 1950
No. 17. Earnings, expenses, and dividends of national banks, years ended
December 31, 1948-50
No. 18. Number of national banks, capital stock, capital funds, net profits,
dividends and ratios, years ended December 31, 1929-50
No. 19. Total loans of national banks, losses and recoveries on loans,
and ratio of net losses or recoveries to loans, by calendar years
1931-50
.
No. 20. Total securities of national banks, losses and recoveries on securities, and ratio of net losses or recoveries to securities, by calendar
years 1931-50
No. 21. Foreign branches of American national banks, December 30, 1950_




23

26
27

28
29
30
31
32
34
37
38
39
40
41
95
103
106
109
111
112
113
114

24

REPORT OF THE COMPTROLLER OF THE CURRENCY
Page

No. 22. Consolidated statement of assets and liabilities of foreign branches
of national banks, December 30, 1950
No. 23. Assets and liabilities of banks in the District of Columbia, by
classes, December 30, 1950
No. 24. Assets and liabilities of all banks in the District of Columbia
at date of each call during year ended December 31, 1950
No. 25. Assets and liabilities of nonnational banks in the District of
Columbia at date of each call during year ended December 31,
1950
No. 26. Earnings, expenses, and dividends of banks in the District of
Columbia, years ended December 31, 1950 and 1949
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, 1929-50
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 1931-50
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 1931-50
*__
No. 30. Summary of assets and liabilities December 30, 1950, and receipts
and disbursements in year ended December 31, 1950, of the 20
building and loan associations in the District of Columbia,
chartered under the D. C. Code
No. 31. Summary of assets and liabilities December 30, 1950, and receipts
and disbursements in yeaT ended December 31, 1950, of the 17
District of Columbia credit unions, chartered under the D. C.
Code
No. 32. Assets and liabilities of all active banks in the United States
and possessions, by classes, December 30, 1950
No. 33. Assets and liabilities of all active banks in the United States
and possessions, by States and Territories, December 30, 1950- _
No. 34. Assets and liabilities of active national banks, by States and
Territories, December 30, 1950
No. 35. Assets and liabilities of all active banks other than national,
by States and Territories, December 30, 1950
No. 36. Assets and liabilities of active State commercial banks, by States
and Territories, December 30, 1950
No. 37. Assets and liabilities of active mutual savings banks, by States,
December 30, 1950
No. 38. Assets and liabilities of active private banks, by States, December
30, 1950
No. 39. Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, by States, December 30,
1950
No. 40. Officials of State banking departments and number of each class
of active banks in December 1950
No. 41. Assets and liabilities of all active banks, 1938 to 1950
No. 42. Assets and liabilities of all active national banks, 1938 to 1950
No. 43. Assets and liabilities of all active banks other than national, 1938
to 1950
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,
1950
No. 45. Number and deposits of national and District of Columbia nonnational banks placed in receivership period April 14, 1865, to
December 31, 1950, by groups according to percentages of
dividends paid to December 31, 1950
No. 46. Liquidation statement, 4 receiverships in liquidation during year
ended December 31, 1950
No. 47. Liquidation statement, 2 administered receiverships completely
liquidated and finally closed, during year ended December 31,
1950



115
116
118
119
120
122
123
124

125

126
127
129
138
146
154
162
166
170
172
174
175
176

177

180
181
182

REPORT OF THE COMPTROLLER OF THE CURRENCY

25
Page

No. 48. Liquidation statement, 2 active receiverships as of December 31,
1950
No. 49. National banks in charge of receivers during year ended December
31, 1950, 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, 1950
No. 50. Bank suspensions since inauguration of Federal deposit insurance,
years ended December 31, 1934 to 1950
No. 51. Fiduciary activities of national banks as of December 30, 1950__
No. 52. Fiduciary activities of national banks by Federal Reserve districts
as of December 30, 1950
No. 53. Classification of investments in living and court trust accounts
under administration by the active national bank trust departments, December 30, 1950
No. 54. Fiduciary activities of national banks by States as of December
30, 1950




183

184
190
191
192
193
194

26

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of
appointment and resignation, and States whence appointed
Name

No.

Date of
appointment

Date of
resignation

State

COMPTROLLERS OF THE CURRENCY

McCulloch, Hugh
Clarke, Freeman
Hulburd, Hiland R
Knox, John Jay
Cannon, Henry W
Trenholm, William L
Lacey, Edward S
Hepburn, A. Barton
Eckels, James H
Dawes, Charles G
Ridgely, William Barret..
Murray, Lawrence 0
Williams, John Skelton...
Crissinger, D. R
Dawes, Henry M
Mclntosh, Joseph W
Pole, John W
O'Connor, J. F. T
Delano, Preston

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

9,1863
21,1865
1,1867
25,1872
12,1884
20,1886
1,1889
2,1892
26,1893
1,1898
1,1901
28,1908
2,1914
17,1921
1,1923
20,1924
21,1928
11,1933
24,1938

Mar.
July
Apr.
Apr.
Mar.
Apr.
June
Apr.
Dec.
Sept.
Mar.
Apr.
Mar.
Apr.
Dec.
Nov.
Sept.
Apr.

8,1865
24,1866
3,1872
30,1884
1,1886
30,1889
30,1892
25,1893
31,1897
30,1901
28,1908
27,1913
2,1921
30,1923
17,1924
20,1928
20,1932
16,1938

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

DEPUTY COMPTROLLERS OF THE CURRENCY

Howard, Samuel T____
Hulburd, Hiland R____
Knox, John Jay
Langworthy, John S._.
Snyder, V. P
Abrahams, J. D
Nixon, R. M
Tucker, Oliver P
Coffin, George M
Murray, Lawrence O._
Kane, Thomas P
Fowler, Willis J
Mclntosh, Joseph W ~
Collins, Charles W..._
Stearns, E. W
Await, F. G
Gough, E. H
Proctor, John L
Lyons, Gibbs
Prentiss, William, Jr..
Diggs, Marshall R
Oppegard, G. J
Upham, C. B
Mulroney, A. J
McCandless, R. B
Sedlacek, L. H
Robertson, J. L
Hudspeth, J. W
Jennings, L. A
JTerm expired.




May 9,1863
Aug. 1,1865
Mar. 12,1867
Aug. 8,1872
Jan. 5,1886
Jan. 27,1887
Aug. 11,1890
Apr. 7,1893
Mar. 12,1896
Sept. 1,1898
June 29,1899
July 1,1908
May 21,1923
July 1,1923
Jan. 6,1925
July 1,1927
July 6.1927
Dec. 1.1928
*, ^
Jan. 24,1933
Feb. 24,1936
Jan. 16,1938
do
Oct. 1,1938
May 1,1939
July 7,1941
Sept. 1,1941
Oct. 1,1944
Jan. 1,1949
Sept. 1,1950

Aug. 1,1865
Jan. 31,1867
Apr. 24,1872
Jan. 3,1886
Jan. 3,1887
May 25,1890
Mar. 16,1893
Mar. 11,1896
Aug. 31,1898
June 27,1899
Mar. 2,19232
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
Sept. 30,1944
Aug"~31,~l950'

2 Died Mar. 2,1923.

New York.
Ohio.
Minnesota.
New York.
Do.
Virginia.
Indiana.
Kentucky.
South Carolina.
New York.
District of Columbia.
Indiana.
Illinois.
Do.
Virginia.
Maryland.
Indiana.
Washington.
Georgia.
California.
Texas.
California.
Iowa.
Do.
Do.
Nebraska.
Nebraska
New York.

27

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 2.— Total number of national banks organized, consolidated under act
Nov. 7, 1918, as amended, insolvent, in voluntary liquidation, and in existence
Dec. 81, 1950
Organized

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

_ _____ _

853

_

991
417
1,282
30
141
32

__ __ _ ._

__

2,893

____

__._
_

_

_ _ _ _ _ _ _ __
__ ___ _ _ _

Indiana
__ __ _
Illinois
Michigan
Wisconsin
_ _ _ _ _
Minnesota
Iowa
Missouri _ _ _ _ _ _ _ _ _ _ _

_

_______

__ __ __
_

Wyoming _
Colorado
New Mexico
Oklahoma
Total Western States

_ __

259
219
404
447
193
61
218
86
743
2,630

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Alaska
The Territory of Hawaii
Puerto Rico _ ___ _
Virgin Islands of the United States
Total possessions

696
438
918
319
273
490
546
293

3,973

T o t a l M i d d l e W e s t e r n States

_
_ _

Total United States and possessions
1
2

250
190
152
123
187
147
179
79
108
1,183
147
246
208
3,199

Ohio

North Dakota
South Dakota
Nebraska
Kansas
Montana.

127
80
85
371
67
123

Consolidated
under
act Nov.
7, 1918

Insolvent

I n liquidation

In existence

5
2
1
25
3
5
41

13
5
17
28
2
7
72

77
22
28
201
55
64

57
21
48

129
59
211
1
17
7
424

1428
131
396
16
61
12
1,044

1,293

17
11
5
6
8
2
2
5
3
35
1
9
7
111

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

73
67
57
49
86
41
62
34
53
566
55
108
93

132
74
46
25
51
62
70
24
36
442
52
92
72

566

1,344

1,178

25
12
17
10
9
7
4
10
94

112
98
227
77
54
116
204
58

318
203
290
154
115
189
241
146

241
125
384
78
95
178
97
79

946

1,656

1,277

3
12
1
4
3

100
93
83
76
76
12
55
25
84
604

115
79
196
193
75
25
83
35
448
1,249

41
35
124
174
39
24
77
26
199
739

121
96
351
62
17
7
21
675

36
20
94
13
11
5
3
182

2
4
132

3
12
38

225
148
521
110
38
17
31

17
2
12
4
1
1

51
30
64
35
6
4
6

1,090

37

196

447

32
51
39
117
7
47
293
377
206
627
13
61
9

6
6
1
1

1

1
4
1

5
1

14

1

6

7

2 14, 652

454

i 4 6, 421

4,969

1

3 2,808

Includes 1 converted into a State bank under Public Law 706.
Includes 456 organized under act of Feb. 25, 1863; 9,401 under act of June 3, 1864, as amended; 10 under
Gold
Currency act of July 12, 1870; and 4,785 under act of Mar. 14, 1900.
3
Exclusive of those restored to solvency.
* Includes 208 passed into liquidation upon expiration of corporate existence.




28

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 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, 1942, inclusive, and for the years ended Dec. 31, 1943 to 1950, inclusive
Closed
Chartered
Year
No.
1935
1936
1937. . . _
1938
1939
1940...
1941 . .
1942
1943
1944
1945
1946-—
1947
1948
1949
1950

Capital

49 $7,780,000
20 2,465,000
29 5,355,000
8
875,000
19 2,925,000
19 3,282,000
15 5, 545, 000
9 1,177,089
12 2,175,000
21 3,815,000
39 5,110,000
36 8,475,000
26 5,400,000
21 3,420,000
18 2,255,000
15 3,150,000

Consolidated
under act
Nov. 7,1918
No.

In voluntary
liquidation

Loss to No.
capital

Capital

13 1 $447,100 189 $19,615,250
7,680,000
3
12 15,000 76
8
1 302,875 98 11,049,540
47
4, 550, 500
3
7,066,000
1 1 2 75,000 56
5,178,250
4
1 582, 500 53
1
5,319,180
6
25,000 41
6,604,100
1
1 42,000 48
50
5,129,155
1
3,229, 750
3 12125,000 30
3,513,000
5 11,700,000 43
1
4, 535,000
10
50,000 35
30
5,422,300
2
4, 218, 635
5
1 775,000 27
32
7,600,000
5
4
1 200,000 3 25 * 9,475,000

Insolvent

No.

Capital

25 $4,305,020
6 10,200,000
11 1,987,150
50,000
2
745,000
6
3
2
2

282,000
160,000
650,000

Net yearly
Net yearly
increase
decrease
(exclusive of (exclusive of
existing banks existing banks
increasing
decreasing
their capital) their capital)
No. 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
9
3,890,000
6
22,300
11
1, 573,635
19
5,345,000
14
6,525,000

1 Amount of capital stock reductions incident to consolidations.
Preferred capital stock reduction.
3 Includes 1 with $100,000 common capital stock converted into a State bank under Public Law 706.
< Includes $123,000 of preferred capital stock.
2




REPORT OF THE COMPTROLLER OF THE CURRENCY

29

TABLE N O . 4.—National banks chartered during the year ended Dec. 81, 1950
Charter
No.

Capital
stock
(common)

Title

ALABAMA

14638

First National Bank of Childersburg

$50,000
ALASKA

14651
14642
14652

National Bank of Alaska in Anchorage

_

_.

200,000

CALIFORNIA

100,000
250,000

First National Bank of Belmont
Pacific National Bank of Long Beach
Total (2 banks)

350,000

_
CONNECTICUT

14640

First National Bank of Manchester
FLORIDA

14639

Peoples National Bank of Miami Shores
14647
14649
14650

14645

75,000
400,000
300,000

ILLINOIS

National Bank of Chenoa
Park National Bank of Chicago
Union National Bank of Chicago
Total (3 banks)

775,000
LOUISIANA

Bastrop National Bank, Bastrop

100,000

_
MICHIGAN

14641
14643
14644
14646
14648

Peoples National Bank of Bay City

-

1,000,000
100,000
50,000
50,000
75,000

TEXAS

First National Bank in Alpine
First National Bank in Wheeler
The First National Bank in Seagraves
The First National Bank of Jefferson
Total (4 banks).
_
Total United States and possessions (15 banks)

948358—51


275,000
• -

;

:-jaa

3,150,000

30

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 5.—National banks chartered which were conversions of State banks
during the year ended Dec. 81, 1950

Charter
No.

14638
14641
14644
14645
14646
14651

Effective Authorized
date of
capital
charter

Approximate
surplus
and undivided
profits

Approximate
assets

$31,994
1,805,756
65,640
157,895
45,391

$873,928
30,428,284
1,521,501
5,527,219
1,198,343

Title and location

State

First National Bank of Childersburg.
Peoples National Bank of Bay CityFirst National Bank in Wheeler
Bastrop National Bank, Bastrop
The First National Bank in Seagraves.
National Bank of Alaska in Anchorage

Alabama..
Michigan.
Texas
Louisiana .
Texas

Jan. 3
Feb. 11
Apr. 12
July 1
...do.__.

$50,000
1,000,000

Alaska

Nov. 1

200,000

499,103

10,808,802

1,450,000

2,605,779

50,358,077

Total (6 banks) _




50,000
100,000

50,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

31

TABLE N O . 6.—National banks reported in voluntary liquidation during the year
ended Dec. 31, 1950, the names of succeeding banks in cases of succession, with
date of liquidation and capital stock
Name and location of bank
The First National Bank of Chadron, Nebr. (3823), succeeded by First National Bank of Chadron__.
The First National Bank of Hinckley, 111. (11170), absorbed by Hinckley
State Bank, Hinckley
_.
_„.
The First National Bank of Amherst, Nebr. (9092)
The Somerset National Bank of Barker, N . Y. (10126), absorbed by Niagara
County National Bank and Trust Company, Lockport, N. Y
The National Bank of Bay City, Mich.1 (13622), absorbed by Peoples National
Bank of Bay City
The National Bank of Springdale, Pa. (8320), absorbed by Peoples First
National Bank & Trust Company, Pittsburgh, Pa
Keystone National Bank in Pittsburgh, Pa. (14210), absorbed by The Colonial
Trust Company, Pittsburgh
,
The First National Bank of Alpine, Tex. (7214), succeeded by First National
Bank in Alpine..
The Washington National Bank of Vancouver, Wash. (13137), absorbed by
Seattle-First National Bank, Seattle, Wash
The Orange First National Bank, Orange, N. J. (13834), absorbed by The
National State Bank of Newark, N. J
The Franklin National Bank of Jersey City, N. J.2 (12397), absorbed by The
First National Bank of Jersey City
The First National Bank of Kellogg, Idaho (9566), absorbed by The Idaho
First National Bank, Boise, Idaho
Bank of Woodland National Association, Woodland, Calif. (10878), absorbed
by American Trust Company, San Francisco, Calif
The Thomaston National Bank, Thomaston, Conn. (3964), absorbed by The
Colonial Trust Company, Waterbury, Conn
The Rogers National Bank of Jefferson, Tex. (7129), succeeded by The First
National Bank of Jefferson
The Citizens National Bank of Bentleyville, Pa. (13663), absorbed by Peoples
City Bank, McKeesport, Pa
The Farmers First National Bank of Minooka, 111. (9208), absorbed by First
National Bank of Joliet, 111
The Aquidneck National Bank of Newport, R. I.* (1546), absorbed by Rhode
Island Hospital National Bank of Providence, R. I
The American Exchange National Bank of Virginia, Minn. (11500) absorbed
by State Bank of Virginia
The Fort Edward National Bank, Fort Edwaid, N. Y. (7630), absorbed by
Glens Falls National Bank and Trust Company, Glens Falls, N. Y
First National Bank in Cecil, Pa. (14094), absorbed by The First National
Bank of McDonald, Pa
The Farmers Deposit National Bank of Pittsburgh, Pa.e (685), absorbed by
Mellon National Bank and Trust Company, Pittsburgh
The Rumford National Bank, Rumford, Maine (6287), absorbed by Casco
Bank & Trust Company, Portland, Maine
The Whittier National Trust and Savings Bank, Whittier, Calif. (7999), absorbed by California Bank, Los Angeles, Calif
Total (24 banks).
1 With 1 branch in Bay City.
2 With 1 branch in Jersey City.
3 Includes $123,000 of preferred capital stock.
* With 1 branch in Newport.
« With 1 branch in Pittsburgh.




Date of
liquidation

Capital
stock
(common)

Dec. 31,1949

$75,000

Oct. 17,1949
Jan. 10,1950

25,000
25,000

Jan. 31,1950

50,000

Feb. 14,1950

400,000

May 15,1950

150,000

May 12,1950

400,000

Apr. 12,1950

75,000

May 28,1950

100,000

May 31,1950
July

3,1950

300, 000
3 200,000

June 17,1950

50, 000

Mar. 25,1950

200, 000

Aug. 18,1950

50, 000

Sept. 12,1950

50,000

Sept. 15,1950

50, 000

Sept. 18,1950

25, 000

Sept. 30,1950

500,000

Oct. 12,1950

100, 000

Nov. 2,1950

75,000

Oct. 20,1950

50, 000

Dec. 1,1950

6, 000,000

9,1950

125,000

Dec. 16,1950

Dec.

300,000
3 9,375,000

32

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 7.—National and State banks consolidated during the year ended
Dec. 81, 1950, under act Nov. 7, 1918, as amended
Capital
stock
i $300,000
Citizens Bank of Monrovia, Calif., with
and The United States National Bank of San Diego,
Calif. (No. 10391), which had
2 700,000
consolidated Feb. 14, 1950, under charter and title of
the latter bank (No. 10391). The consolidated bank
at date of consolidation had
31,000,000
The West Hempstead National Bank, West Hempstead, N . Y. (No. 13104), with
100,000
and The Meadow Brook National Bank of Freeport,
N. Y. (No. 7703), which had
750,000
consolidated Mar. 17,1950, under charter and title of
the latter bank (No. 7703). The consolidated bank
at date of consolidation had
1,010,000
The Peoples State Bank Company of Lisbon, Ohio,
with
75,000
and The Farmers National Bank of Salem, Ohio (No.
973), which had
400,000
consolidated Apr. 10, 1950, under charter and title of
the latter bank (No. 973). The consolidated bank
at date of consolidation had
500,000
Seacoast Trust Company, Asbury Park, N . J., with- _.
100,000
and Asbury Park National Bank and Trust Company, Asbury Park, N. J. (No. 13363), which had.450,000
consolidated May 26,1950, under charter and title of
the latter bank (No. 13363). The consolidated bank
at date of consolidation had
550,000
The Central Trust Company, Topeka, Kans., with
400,000
and The Central National Bank of Topeka, Kans.
(No. 3078), which had
500,000
consolidated June 30,1950, under charter of the latter
bank (No. 3078) and title "The Central National
Bank and Trust Company of Topeka". The consolidated bank at date of consolidation had
750,000
The East Hartford Trust Company, East Hartford,
Conn., with
200,000
and Hartford National Bank and Trust Company,
Hartford, Conn. (No. 1338), which had
5,150,000
consolidated June 30, 1950 under charter and title of
the latter bank (No. 1338). The consolidated bank
5, 500,000
at date of consolidation had
The Iron Bank, Jackson, Ohio, with
25,000
and The First National Bank of Jackson, Ohio (No.
100,000
1903), which had
consolidated June 30, 1950, under charter and title of
the latter bank (No. 1903). The consolidated bank
200,000
at date of consolidation had
The Farmers Guaranty Savings Bank, Colebrook,
100,000
N. H., with
and The Farmers and Traders National Bank of Cole50,000
brook, N . H., (No. 5183), which had
consolidated July 8, 1950, under charter of the latter
bank (No. 5183) and title "The Farmers and Traders National and Savings Bank of Colebrook".
The consolidated bank at date of consolidation had.
150,000
The North Side Bank, Evansville, Ind., with
200,000
and Old National Bank in Evansville, Ind. (No.
12444), which had
600,000
consolidated Aug. 28, 1950, under charter and title of
the latter bank (No. 12444). The consolidated
bank at date of consolidation had
1,000,000
First National Bank in Medford, Mass. (No. 12979),
with
400,000
and Middlesex County National Bank, Everett,
Mass. (No. 614), which had
1,320,000
consolidated Oct. 13, 1950, under charter and title of
the latter bank (No. 614). The consolidated bank
at date of consolidation had
._
._
1,520,000
1
Includes $156,500 of preferred capital stock.
2
Includes $179,000 of preferred capital stock.
8
Includes $335,500 of preferred capital stock.




Undivided
profits

Total

$65,000

$18,156

$5,846,703

275,000

29,056

19,098,467

340,000

47,737

25,291,014

100,000

565,718

9,515,879

750,000

272,644

23,407,928

1,010,000

318,361

32,923,806

100,000

69,161

3,370, 511

400,000

154,579

12, 819,130

500,000
200,000

84, 501

16,189,641
3,725,780

450,000

432,686

17,216,995

700,000
200,000

467,187
135,924

20,942,775
2,140,118

500,000

248, 370

25,747,427

27,643,789

750,000

488, 783

200,000

177,000

8,114, 732

5,150,000

14,248,405

183,421,918

5, 500,000
200,000

3,415, 405
52,783

191, 536,650
4,312,095

150,000

84,296

5,453, 545

300,000

167,245

9,726,563

25,000

61, 643

1,548,024

50,000

43, 647

646,985

100,000
250,000

80,290
83,028

2,151,480
7,954,243

1, 200,000

764,673,

52,312,505

1,200,000

897,701

59,984,886

400,000

169,079

17,269,986

1,800,000

1,656,316,

67,741,846

2,500,000

1,545,395

85,011,83

REPORT OP THE COMPTROLLER OP THE CURRENCY

33

TABLE N O . 7.—National and State banks consolidated during the year ended
Dec. 31, 1950, under act Nov. 7, 1918, as amended—Continued
Capital
stock
The DuBois National Bank, DuBois, Pa. (No. 7453)
with
and The Deposit National Bank of DuBois, Pa. (No.
5019), which had
consolidated Nov. 10,1950, under charter of the latter
bank (No. 5019) and title "DuBois Deposit National Bank". The consolidated bank at date of
consolidation had
The Shelton Trust Company, Shelton, Conn., with
and The First National Bank and Trust Company of
Bridgeport, Conn. (No. 335), which had
consolidated Dec. 2, 1950, under charter and title of
the latter bank (No. 335). The consolidated bank
at date of consolidation had
South Shore Trust Company, Rockville Centre, N. Y.
with
and The Franklin National Bank of Franklin Square,
N . Y . (No. 12997), which had
consolidated Dec. 15, 1950, under charter and title of
the latter bank (No. 12997). The consolidated bank
at date of consolidation had
The Union Trust Company of Indianapolis, Ind., with_.
and The Indiana National Bank of Indianapolis,
Ind. (No. 984), which had
consolidated Dec. 30, 1950, under charter and title of
the latter bank (No. 984). The consolidated bank
at date of consolidation had
The Williston National Bank of Williston Park, N. Y.
(No. 13124), with
and The Central National Bank of Mineola, N. Y.
(No. 13404), which had
consolidated Dec. 29,1950, under charter and title of
the latter bank (No. 13404). The consolidated bank
at date of consolidation had
The Crawfordsville Trust Company, Crawfordsville,
Ind., with
and The First National Bank of Crawfordsville, Ind.
(No. 571), which had
consolidated Dec. 30,1950, under charter of the latter
bank (No. 571) and title "The First National Bank
and Trust Company of Crawfordsville." The consolidated bank at date of consolidation had




Surplus

Undivided
profits

Total

$200,000

$400,000

$164,682

$7,290,426

200,000

300,000

236,313

8,848, 845

600,000
200,000

650,000
200,000

250, 995
192,050

16,139, 271
8,769,414

2,000,000

2, 250,000

505, 402

90,125, 664

2,000,000

2, 250,000

508,544

99,556,824

370,000

900,000

299, 681

17,759,238

890,000

2,000,000

715,784

60,434,095

1, 250,000
1,133,300

3,000,000
2,316, 700

925, 465
1, 674, 551

78,193,333
46, 469,533

4,000,000

11,000,000

5, 525,217

352, 575,325

6, 500,000

15,000,000

4,149,768

391, 259, 228

120,000

150,000

100,302

6,162, 894

250,000

250,000

124,115

9,003,065

505,000

300,000

189, 417

15,165,959

100,000

150,000

57, 259

475, 883

100,000

250,000

140,078

6, 641,804

250,000

350,000

215,087

7,135, 437

34

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 8.—Number of domestic branches of national banks authorized during the
year ended Dec. 31, 1950
Branches authorized under act of Feb. 25,1927,
as amended

Charter

Title and location

No

Local

Other

than
local

Total

ALABAMA

14569

Birmingham Trust National Bank, Birmingham

1

1

2

1

1

1
3

1
4
1
3
1

ALASKA

14651

National Bank of Alaska in Anchorage.. _ _ _
ARIZONA

3728

First National Bank of Arizona, Phoenix

1

CALIFORNIA

5927
2491
3050
10391
9174
13044
2158
12640
13200

Citizens National Trust & Savings Bank of Los Angeles
Security-First National Bank of Los Angeles
..
The First National Trust and Savings Bank of San Diego
The United States National Bank of Ran Diego
The Anglo California National Bank of San Francisco
Bank orAmerica National Trust and Savings Association, San Francisco
.
The First National Bank of San Jose
First National Bank in San Rafael
. _ _
The Commercial National Bank of Santa Ana
-

1
1
1

2
1
27

1

1

2

27
1
2
1

CONNECTICUT

335
1338
720
1037
4

The First National Bank and Trust Company of Bridgeport
Hartford National Bank and Trust Company, Hartford
The Home National Bank and Trust Company of Meriden
The New London City National Bank, New LondonThe First-Stamford National Bank and Trust Company, Stamford...

1069

The National Metropolitan Bank of Washington

1

2
2
1
2
1

1

1

1
1

1
1

1
1
1

1
1
2

DISTRICT OF COLUMBIA

GEORGIA

2338
4691

The First National Bank of Columbus
The Fourth National Bank of Columbus .

.

IDAHO

The Tdahn First Natinnql Bank, Boise

2

2

INDIANA

12444
14379
13759
14519

Old National Bank in Evansville
The Calumet National Bank of Hammond...
American National Bank at Indianapolis
First National Bank, Kokomo

_.

2
1
1
1

2

2

2

1
1

1
1

1
1
1

KENTUCKY

109

The First National "Rank of Louisville
LOUISIANA

14645
13648

Bastrop National Bank, Bastrop
Commercial National Bank in Shreveport
MAINE

1528

ThA Vnrk National Bank of Sftf>o

1

1

MARYLAND

13745

Baltimore National Bank, Baltimore




1

1

REPORT OF THE COMPTROLLER OF THE CURRENCY

35

TABLE NO. 8.—Number of domestic branches of national banks authorized during the
year ended Dec. 31, 1950—Continued
Branches authorized under act of Feb. 25,1927,
as amended

Charter
No.

Title and location
Local

MASSACHUSETTS

200
5155
614
6077

The First National Bank of Boston
The National Shawmut Bank of Boston
Middlesex County National Bank, Everett.
Union National Bank of Lowell
MICHIGAN

14185
14641
13738
13739

Security National Bank of Battle Creek..
Peoples National Bank of Bay City
The Manufacturers National Bank of DetroitCommunity National Bank of Pontiac

10523

First National Bank of Jackson

13363
8800
12660
6912
374
1182
1316
1452
12978

Asbury Park National Bank and Trust Company, Asbury Park
The Boardwalk National Bank of Atlantic City
The First National Bank of Bloomingdale
The First National Bank of Butler
The First National Bank of Jersey City
Hudson County National Bank, Jersey City
The National Newark and Essex Banking Company of Newark
The National State Bank of Newark
The First National Bank of Stone Harbor

MISSISSIPPI

NEW

JEESEY

NEW

YORK

Peninsula National Bank of Cedarhurst
The Franklin National Bank of Franklin Square
The Meadow Brook National Bank of Freeport
Glens Falls National Bank and Trust Company, Glens Falls.
Niagara County National Bank and Trust Company, Lockport..
The National City Bank of Long Beach
The Central National Bank of Mineola-...
Staten Island National Bank & Trust Company of New York, Port
Richmond
11292 Port Washington-Manhasset National Bank, Port Washington
13393 Lincoln National Bank and Trust Company of Syracuse
12574 The Peoples National Bank and Trust Company of White Plains
11854
12997
7703
7699
639
13074
13404

NORTH CAROLINA

13761
10608

Security National Bank of Greensboro
The Planters National Bank & Trust Company of Rocky Mount
OHIO

3639
786
7621
1903
11831
973

The Atlas National Bank of Cincinnati
The National City Bank of Cleveland
The City National Bank & Trust Company of Columbus
The First National Bank of Jackson
The National City Bank of Marion
The Farmers National Bank of Salem
OREGON

3458
1553

The First National Bank of Eugene—
The First National Bank of Portland.
PENNSYLVANIA

5019
12
723
6301
252
13196

DuBois Deposit National Bank, DuBois
The First National Bank of Erie
Central-Penn National Bank of Philadelphia
Mellon National Bank and Trust Company, Pittsburgh
Peoples First National Bank & Trust Company, Pittsburgh..
Upper Darby National Bank, Upper Darby




_.
_.

Other
than
local

Total

36

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE No. 8.—Number of domestic branches of national banks authorized during the
year ended Dec.jSl, 1950—Continued
Branches authorized under act of Feb. 25,1927,
as amended

Charter
No.

Title and location
Local

Other
than
local

67

92

Total

RHODE ISLAND

1302
13901

The Providence National Bank, Providence
Rhode Island Hospital National Bank of Providence

.

SOUTH CAROLINA

The Citizens and Southern National Bank of South Carolina, Charleston
13720 The First National Bank of South Carolina of Columbia.._
14211 The Commercial National Bank of Spartanburg
14425

SOUTH DAKOTA

12881

The National Bank of South Dakota, Sioux Falls

13539
2049

The Hamilton National Bank of Knoxville
ParkFirst
National
BankBank
of Knoxville.
The
National
of Memphis

TENNESSEE

13349

Union Planters National Bank & Trust Company of Memphis.
UTAH

2597

First Security Bank of Utah, National Association, Ogden
VIRGINIA

1522 The Lynchburg National Bank and Trust Company, Lynchburg
WASHINGTON

4375
11280
3417

The National Bank of Commerce of Seattle
Seattle-First National Bank, Seattle
National Bank of Washington, Tacoma
Total (90 banks).




.
159

EEPORT OF THE COMPTROLLER OF THE CURRENCY

37

TABLE NO. 9.—Number and class of branches of national banks closed during the
year ended Dec. SI, 1950
Branches closed

Charter
No.

Title and location

Branches under act
Feb. 25, 1927, as State bank
amended
branches
in operaManner of closing
tion
Feb.
Additional
25, 1927, Total
offices
which
were
Branches
which be- authorized converted
came
or
consolisince
Feb.
branches
dated
25,1927
Feb. 25,
1927

MICHIGAN

14185
1S622

Security National Bank of
Battle Creek.
The National Bank of Bay
City.

Board of directors-

1

1

Shareholders

1

1

1

1

1

1

1

1

1

1

1

1

1

1

8

8

NEW JERSEY

12397
1452

The Franklin National Bank
of Jersey City.
The National State Bank of
Newark.

do

-.

Board of directors.

OHIO

4318

Central National
Cleveland.

Bank of

do

PENNSYLVANIA

685

The Farmers Deposit National
Bank of Pittsburgh.

1546

The Aquidneck National Bank
of Newport.

11817

The Colonial-American National Bank of Roanoke.

Shareholders

RHODE ISLAND

do

VIRGINIA

Total (8 banks}




Board of directors.

TABLE N O . 10.—Principal items of assets and liabilities of national banks, by size of banks, according to deposits, Dec. 31, 1949 and 1950

Cash, balances with
other
banks,
U. S. Govincluding
ernment
reserve
Other
obligawith
and
t i o n s - bonds
Federal
direct and securities Eeserve
guaranteed
banks

Real
estate
assets

1,008
5,258
6,277
33,949
10,
589
70,493
97,919
631,764
495,
276
2, 715, 774
593, 382
3, 035,048
719, 244
4, 285, 079
481, 796
3, 048, 218
431,354
3,173, 964
8, 697, 677 1,062, 268
2,038,114
12, 573,299

122
631
1,268
10,292
42,685
50, 061
79, 742
59,155
63,838
163, 446
192,357

Loans and securities
Number of
banks

Total

Loans and
discounts,
including
rediscounts
and overdrafts

Deposits
Total
assets

Capital
stock

Surplus,
profits
and
reserves

Total

Demand

Time

1949

Banks with deposits of—
42
12,397
$500,000 and under
132
70,882
$500,001 to $750,000
184
133,668
$750,001 to $1,000,000.
935 1,176, 763
$1,000,001 to $2,000,000
1,804 4, 915, 540
$2,000,001 to $5,000,000
915 5, 387, 374
$5,000,001 to $10,000,000
572 7, 211, 350
$10,000,001 to $25,000,000
188 5,133, 071
$25,000,001 to $50,000,000
94 5, 319, 970
$50,000,001 to $100,000,000. -.
99 15, 366, 008
$100,000,001 to $500,000,000-.
16 23,409, 020
$500,000,001 and over

6,131
30,656
52.586
447,080
1, 704,490
1, 758, 944
2, 207,027
1, 603, 057
1, 714, 652
5, 606, 063
8, 797, 607

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

4,981 68,136, 043 23, 928, 293 38, 270, 523 5, 937,227 21, 044, 958

Total

19, 970
95,561
180,863
1,561,620
6,383, 976
6, 940,172
9,323, 691
6,802,880
7,195, 960
21,105, 225
30,629,261

663, 597 90, 239,179

1,272
1,310
4,638
5,873
7,480
10,384
47,583
88, 567
153, 271
325, 806
143, 506
330, 724
190, 945
401, 798
129, 008
263, 638
139, 840
278, 509
389, 284
865, 693
709, 513 1,445, 699

17,357
14,941
84,834
63, 284
162,706
118,329
1,422,703 1,002,189
5, 891, 947 3, 996,133
6,444, 515 4, 296,152
8, 692,942 5, 812, 576
6, 376,148 4, 601,145
6, 734, 538 * 5, 220,187
19, 699, 375 16, 373, 960
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

1,916, 340 4, 018, 001 83,344,318 63, 293, 252 20, 051, 066

1950
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..-




40
12, 089
115
59, 921
181
129, 002
864 1, 077,187
1,786 4, 805, 491
945 5,484, 027
604 7, 474, 918
207 5, 639, 594
97 5, 347,484
108 16, 511, 099
18 25, 759,291

6,298
26,202
53, 022
423,676
1, 772,141
1, 920,878
2, 559,911
2, 014, 702
2, 034, 098
7,339, 045
11,127, 507

1,093
4,698
5,101
28, 618
10,462
65, 518
91,108
562,403
494,953
2, 538,397
643,112
2, 920, 037
824, 411
4, 090, 596
598, 599
3, 026, 293
497, 735
2,815, 651
7,912, 781 1,259, 273
11, 726, 568 2,905, 216

6,375
22,809
47, 568
361,004
1, 469, 011
1, 601, 574
2,172,979
1,814,636
1,949, 762
6, 364, 762
8, 002, 955

4,965 72,300,103 29,277,480 35, 691, 560 7, 331, 063 23,813,435

108
424
1,253
9,219
44,542
52, 595
79, 505
66, 219
67, 089
177, 985
209, 603

CO

00

[In thousands of dollars]

18, 586
83, 224
177, 976
1,448,380
6, 324, 527
7,147,231
9, 746, 358
7, 540,113
7,384, 867
23,150,837
34,217,994

708, 542 97,240,093

1,201
1,198
5, 727
3,998
11, 087
7,322
87, 315
43,544
336, 346
150, 597
346, 298
147,112
424, 730
197,559
304, 394
141, 995
278,879
135, 235
910,197
424, 678
748,412 1, 621,165
2,001, 650

16,151
73, 370
159, 257
1,314,630
5,824, 444
6, 630,817
9, 080,855
7, 052, 684
6, 922, 298
21, 623, 358
30,831, 768

14, 261
56, 677
116, 211
949,475
4, 034,919
4, 526, 458
6, 248,153
5,186, 612
5, 526,885
18,173,177
24, 500, 098

4,327,339 89,529, 632 69,332,926

1,890
16, 693
43, 046
365,155
1, 789, 525
2,104, 359
2,832, 702
1,866, 072
1, 395, 413
3, 450,181
6,331, 670
20,196, 706

REPORT OF THE COMPTROLLER OF THE CURRENCY

39

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 1950
tnber
of
nKs
June 30,1942.
Dec. 31,1942.
June 30,1943.
Dec. 31,1943.
June 30,1944.
Dec. 30,1944.
June 30,1945.
Dec. 31,1945.
June 29,1946.
Dec. 31,1946.
June 30,1947.
Dec. 31,1947.
June 30,1948.
Dec. 31,1948.
June 30,1949.
Dec. 31,1949.
June 30,1950.
Dec. 30,1950.




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
4,977
4,965

Banks with surplus
equal to or exceeding
common capital stock
Number
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
4,148
4,236

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
83.34
85.32

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
829
729

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
16.66
14.68

40

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 12.—Dates of reports of condition of national banks, 1914 to 1950
[For dates of previous calls see report for 1920, vol. 2, table No. 42, p . 150]

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
1950

Jan.

Feb. Mar. Apr.

4
4
7
5
4

13

June

1
1
1
10
12
4

4
28
21

May

28
10

5
3

31
6
12
23

__

30
23
30
20
29
30
30
30

Aug. Sept.

Oct.

12
2
12
11

31
10
17
20
1
17
15

31

12
8
6

30
30

15
14

30
30

28

Nov. Dec.

10

30

10
3
4

30
30
29

28
_

July

27
27
25

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

5
4
4
31
7
29
26
4
4
13
20

. _

12
11
24

24
29
30
25
17

- 28

1

2

24
18
30

6
1

4

31
31
27
31
31
31
29
31
29
31
31
31
SI
WOO CO

Year

31
31
31
30
31
31
31
31
31
30
31
31
31
31
30
31
31
31
31
31

30

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 24, JUNE 30, OCTOBER 4, AND DECEMBER 30, 1950
BY STATES AND TERRITORIES




41

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. 81, 1950
ALABAMA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

70 banks

70 banks

70 banks

70 banks

283,130
353,440
73,793
16,969

290,980

317,515

13
76,302
17, 255

2
77, 526
16, 738

329,132
341.483
2
76,646
16,251

1,448
107,408
21,113

1,457
111, 578
15,220

1,460
110,429
19,296

1,498
115,537
20,182

85,261
6,976
162

101,452
6,921
159

107,345
7,032
70

135,759
6,942
350

654
1,039
1,582
1,214

644
872
1,838
1,050

603
1,770
1,315
1,377

601
1,684
1,676
1,293

954,189

964, 725

995,158

521,088

537,436

561,342

585,344

196,696
10
18,304
85,058
56,917
4,287
882,360
682,980

196,439
10
19, 953
78, 537
54,869
5,150
892,394
693,313
199,081

192,499
10
16, 510
73, 568
67,033
7,464
918,426

190,417
10
18,862
90, 638
78, 219
8,598
972,088
778,023
194,065

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..

_

1, 049, 036

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 depositu
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
er liabilities
__
_
Total liabilities

195,184
550

150

150

150

150

278

1,090
2,105
2,476
556

2,417
2,431
2,932
387

2,471
2,423
3,315
684

888,567

898,771

927,293

981,131

20,565
27,833
13,289
3,935

20, 565
28,003
13,335
4,051

20, 565

21,090
29, 540
13, 221
4,054

CAPITAL ACCOUNTS

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

15,119
4,148

65,622

65,954

67,865

67,905

954,189

964,725

995,158

1,049,036

132,052

134,646

137,727

139,056

MEMORANDUM

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. SI, 1950—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
collectionBank premises owned, furniture and fixtures
Real estate owned other than bank premises
Other assets
Total assets .

Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

4 banks

4 banks

4 banks

5 banks

8,110
17,901
339
133

9,016
17,919

9,416
19,795

12,874
26,242

361
136
11,090
1,753

356
136
10,355
3,607

842
128
10,579
4,055

18

1,167
179
26
160

1,003
175
25
418

1,730
271
7

40,089

41,807

45,286

56,786

19,718

21,084

24,817

7,356
5
7,191

7,575
5
7,492
2,834
144
416
89,550
27,892
11, 658

7,746
5
7,850
2,119
122
266
42,925
81,898
11,632

3,717
1,014
168
27

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
,
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. GovernmentDeposits 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. _
Expenses accrued and unpaid
Other liabilities
Total liabilities..

297
369
87,969
26, 585
U, 434

10,072
10,688
3,761
207
833
58,792
87,101
16,691

21

53
2

37,970

39,551

42, 846

53,847

525
885
433
276

525
885
540
306

525
885
664

725
1,200
624
390

CAPITAL ACCOUNTS

Capital stock: Common stock.,,
Surplus
Undivided profits
Total capital accounts

2,119

Total liabilities and capital accounts

2,256
=
41,807

2,340

2,939

45,286

56, 786

10,411

10,651

13,789

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




10,456

REPOET OF THE COMPTROLLER OF THE CURRENCY

45

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31y 1950—Continued
ARIZONA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

3 banks

3 banks

3 banks

3 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 Keserve
bank
Reserve with Federal Reserve bank
_
_.
Currency and coin
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Income earned or accrued but not collected
Other assets
Total assets .

134,724
116,187
11,095
9,835

143,431
109,978
28
11,200
9,613

160,497
77,892
926
11,599
9,974

168,934
103,862
931
11,744
9,681

361
31,386
6,471

395
26, 669
6,085

28,937
6,779

396
30,831
7,020

20,500
3,393
211
883
731

23,573
3,406
681
1,114
813

22,945
3,850
659
1,095
610

32,855
4,149
616
1,147
708

326,159

372,874

335,777
LIABILITIES

Demand desposits 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...

200,234

197,932

196,202

231,500

72,779
5
5,515
28,052
3,733
4,897
SI 4, 715
241,881
78,884

72,394
5
6,966
31,000
3,376
4,121
815,7U
72,724

69,167
5
4,074
25,637
4,262
4,186
808, 658
284,U1
89,488

71,730
5
4,311
28,966
6,827
6,681
$50,020
278,160
71,860

2,702
1,328
46

2,761
975
118

1,247
158

3,128
1,367
139

318,791

319,648

308,221

354,654

700
5,325
7,155
2,827
979

700
5,325
6,025
7,170
3,134
1,009

700
5,325
6,025
7,170
3,739
1,004

700
5,325
6,025
7,670
3,516
1,009

16,986

17,338

843,070

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

6,025

335,777

17,938

18,220

326,159

372,874

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes

948358—51


62,073

62,766

62,799

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, 1950—Continued
ARKANSAS
[In thousands of dollars]

Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. GovernmentObligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
—
Reserve with Federal Reserve bank
Currency and coin
_
_
_.
Balances with other banks, and cash items in process
of collection
Bank premises owned, furniture and
fixtures-_.
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
__.
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
_.
Other assets
,.
_.
Total assets.

Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

52 banks

52 banks

52 banks

52 banks

99,727
167,197
34,705
6,144

105,373
165,864

113,690
151,951

113,498
171,917

35,634
6,168

36,065
6,467

37,225
7,047

629
46,928
7,549

644
45,484
6,842

677
45,726
6,937

701
51,146
7,184

57,055
2,201
48

61,274
2,238
2

62,106
2,276
1

90,486
2,202
9

30

30

257
145

340
148

30
1
211
185

30
1
310
190

422,615

430,041

426,323

481,946

255,622

254,489

255,148

291,595

58,614
24
4,611
32,114
38,642
2,140
891,767
882, 686
69,081

58,850
24
5,190
39,164

57,228
24
4,154
37,886
36,405
2,651
893,496
835,705
57,791

57,503
29
6,269
35, 607
54,807
3, 500

LIABILITIES

Demand deposits of individuals, partnerships, and
corporations
_
Time deposits of individuals, partnerships, and corporations
I
Postal savings deposits.
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other desposits (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...

2,533
398,348
888,917
69,481

449,810

890,878
58,482

247

970
685
7

907
672
217

1
1,044
677
18

1
830
454
250

393,429

400,144

395,483

450,845

150
8,830
8,980
11,259
7,628
1,319

150
9,580
9,730
11,929
6,913
1,325

150
9,580
9,730
12,129
7,634
1,347

150
9,630
.9,780
13,085
6,820
1,416

29,186

29,897

30,840

31,101

422,615

430,041

426,323

481,946

18,759

19,203

19,384

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
,.




REPORT OF THE COMPTROLLER OF THE CURRENCY

47

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950—Continued
CALIFORNIA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

94 banks

94 banks

94 banks

93 banks

3,804,640
3,998,283
473,270
194,469

3,859,940
4,030,088
141
486,985
208,984

4,195,864
3,821,060
643
516,632
263,009

4,464,816
3,772,582
643
583,440
269,679

15,374
1,079,158
84,047

17,307
1,072,100
80,630

23,063
1,159, 575

23,528
1,154,185
85, 511

562,370
76,281
1,531

767,622
74,967
1,700

709,955
78,048
1,420

825, 572
78,826
1,115

25,967
8,889
25,574
6,809

26,257
9,508
31,125
5,992

25,995
19,058
26,553
10,501

25,993
14,316
32,937
7,918

10,356,662

10,673,346

10,932,256

11,341,061

4, 780,140

4,924,995

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
._.
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

4,383,860

4, 442,450

3, 784,091 3,814, 720 3, 733, 982 3, 751,733
236
238
235
235
185,249
155,262
211, 562
156,143
755,990
828,159
778,160
941,641
307,073
330,208
375,210
381,213
182, 510
186,910
192, 588
273, 754
9,599,009 9,814,247 10,015,577 10,429,714
5,481,176 5,604,265 5,877,570 6,248,441
4,167,838 4,209,982 4,138,007 4,181,273
2,500
3,050
10,749
30,570
57,225
89,125

11,513
31,017
46,679
108,350

22,822
37,725
61,215
125,904

18,526
31,267
68,845
126,384

9,789,178 10,011,806

10,266,293

10,674,736

821
215,298
216,119
209,050
117,906
24,409

821
237,442
238,263
259,392
139, 757
24,128

761
237,502
238,268
259, 519
142,202
25,979

761
237,577
238,838
266,778
147,854
13,355

567,484

661,540

665,963

666,325

10,356,662 10,673,346

10,932,256

11,341,061

1,433,197

1,488,348

CAPITAL ACCOUNTS

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

_

Total liabilities and capital accounts
MEMOEANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




1,456,181

1,387,925

48

REPORT OF THE COMPTROLLER OF THE

Assess and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950—Continued
COLORADO
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

77 banks

77 banks

77 banks

77 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
Income earned or accrued but not collected
Other assets
_
Total assets.

210,852
413,685
24,376
14,680

207,488
407,008

228,025
423,502

255,166

23,308
14,527

24,494
14,528

26,437
14,387

1,124
106,042
11,723

1,128
114,335
10,548

1,134
114,525
11,645

1,214
124,509
12,162

106,187
2,656
32
1,561
483

113,972
1,506
410

127,512
2,567
17
1,253
640

133,503
2,522
16
1,303

893,401

896,756

949,842

968,014

2,496
30

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

536,489

539,515

583,421

602,043

164,292

162,375

161,782

160,200

16,197

19,385
46, 563
62,779
7,779
838,396
674,998
163,398

15,618
45,284
76,088
8,055
890,248
727,420
162,828

17,022
44,254

610
2,003
73

663
2,302
85

733
2,225
71

690
2,709

838, 546

841,446

893,277

910,883

14, 505
22,884
13,443
4,023

14,515
23,165
13,578
4,052

14,515
23,266
14,627
4,157

14,665
26,211
12,456
3,799

47,309

63, 507
6,996
834,790
669,962
164,838
1,070

74,693

9,175
907,387
745,715
161,672

97

CAPITAL ACCOUNTS

Capital stock: Common stock
Surplus
Undivided profits

Total capital accounts

_

!

Total liabilities and capital accounts

54,855

55,310

56,565

57,131

893,401

896,756

949,842

968,014

87,795

88,677

90,186

93,049

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OP THE COMPTROLLER OF THE TREASURY

49

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1950—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. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

48 banks

48 banks

47 banks

47 banks

183,855
335,523
61,217
18,924

197,976
334,878
12
63,295
19,433

214,237
328,102
12
68,994
19,230

228,553
337,075
12
69,704
20,184

1,377
65,562
18,105

1,378
58, 265
13,186

1,396
71,941
19,284

1,402
81,344
17,831

78,873
8,515
285

78,954
8,676
311

90,657
8,818
309

128,567
8,940
377

3
115
845
462

5
125
868
371

66
119
786

62
140

773,661

777,733

824,610

895,612

457,202

455,503

499,178

561,518

166,838
15
21,784

168,599
15

170,062
20

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

18,286
21, 795
710,858
542,417
168,441

29,014
17,251
16,675
713,918
548,758
170,160

167,342
15
21,760
31,737
20,220
19, 220
759,472
690,083
169,889

825

300

300

115
1,327
1,807
256

125
1,507
2,040
712

119
1,777
2,345
443

715,188

718,602

764,456

21,161
23,380
11,153
2,779

21,511
23,807
11,013
2,800

21,521

24,796

27,341
21,507
24,830
880,074
658,209
171, 865
140
1,740
2,685
1,094

CAPITAL ACCOUNTS

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

11,816
2,924

21,521
24,430
10, 993
2,935

58,473

59,131

60,154

59,879

773,661

777,733

824,610

895,612

70,573

69,056

69,701

70,832

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




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, 1950—Continued
DELAWARE
[In thousands of dollars]
Apr. 24,
1960

J u n e 30,
1950

Oct. 4,
1950

Dec. 30,
1950

13 banks

13 b a n k s

13 b a n k s

13 b a n k s

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
I
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

13,879
18,335

14,312
17,464

14,958
18,123

15,061
19,451

1,355
1,369

1,532
1,402

1,523
1,381

1,489
1,369

144
3,631
1,178

144
4,073
754

144
4,590
1,062

144
4,369
922

2,156
517
2

2,585
527
1

3,110
565
5

3,255
547
5

1
50

7
4
55

2
26

5
29

- 42,617

42,860

45,489

46,646

21,392

21,460

22,605

23,036

13,087

13,151

12,936

12, 751

489
1,094
341
371
36,774
23,625
13,149

547
896
439
537
37, OSO
23,817
13,213

501
2,391
432
707
39, 572
26,574
12,998

708
2,614
670
923
40,702
27,889
12,813

f

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

50

4

2
1

1

5
2

36

1

8
1
50

36,779

37, 069

39, 580

40,811

1,710
3,093
964
71

1,710
3,099
906
76

1,710
3,100
1,025
74

1,710
3,206
840
79

CAPITAL ACCOUNTS

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

_

Total liabilities and capital accounts

5,838

5,791

5,909

5,835

42,617

42,860

45,489

46,646

1,846

1,806

1,650

1,925

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

51

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950—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
Customers' liability on acceptances outstanding
__.
Income earned or accrued but not collected
Other assets
_..
_.
Total assets-

Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

9 banks

9 banks

9 banks

9 banks

159,939
342,460
1,619
22,015

164, 754
341,991

176,906
329,699

1,625
23,938

3,495
26,972

183,547
348,876
4,025
25,141

845
100,652
13,401

845
100,773
10,291

960
102,413
13,436

106,631
12,905

52,212
7,282
93

59,012
7,362
87

451
532

57,328
7,305
84
76
505
417

677

66,467
7,452
288
32
423
678

701,501

709,932

721,355

757,433

483,659

492,426

490,280

523,115

103,378
1,025
15,130
125
43,577
14,816
661,710
656, 807
105,408

102,621
1,025
19,488
122
41,825
12,362

101,096
1,025
17,861
131
53,363
14,304
678,060
574,989
10S, 121

100,192
1,025
17,298
178
53,102
18,726
718,636
611,419
102,217

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

665, 228
104,646

200

76

1,422
762

1,749
330

600
1,989
533

537
2,248
848

664, 588

672, 560

681,182

717,301

11,400
16, 750
7,452
1,311

11, 400
16,850
8,018
1,104

12,450
19, 550

12,450
19,800
6,753
1,129

494

ACCOUNTS

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

1,341

36, 913

37,372

40,173

40,132

701, 501

709, 932

721,355

757, 433

43,960

47, 410

50,016

43,389

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 of each call during year ended
Dec. 81, 1950—Continued
FLORIDA
[In thousands of dollars]
Apr. 24,
1960

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

62 banks

62 banks

62 banks

62 banks

ASSETS

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

260,212
710,880
66,293
12,078

261,126
674,221

279, 751
611,579

317,872
629,876

67, 718
12,771

70,369
13,285

72,939
15,169

1,972
163,916
24,172

1,983
142,433
19,013

2,008
135,254
23,132

2,024
145,757
24,069

176,960
13,850
113

185, 732
13,892
107

156,965
14,095
101

230,991
13,919
229

106
7
2,819
1,302

106
7
2,904
1,273

106
11
2,058
1,767

269
237
2,825
2.186

1,414,680

1,383,286

1,310,481

1,458,362

824,098

798,368

784,714

828,100

205, 519
61
21,323
135,177
126, 251
11, 569
1,323,998
1,113,789
210,209

205,429
61
22,492
122, 623
127, 438
15,034
1,291,445
1,079,988
211,457

202,220
61
15,978
98,763
96, 649
13.071
1,211,456
1,003.90S
207,553

205,478
66
17,327
148,874
146, 692
16,379
/, 362,916
1,152, 408
210,508

7
2,121
3,800
275

7
2,299
3,624
588

11
2,741
4,564
277

237
2,665
3,750
783

1,330,201

1,297,963

1, 222, 549

1,370,351

28,475
37,180
12,378
6,446

28,475
37, 736
12, 597
6,515

28, 525
38,259
14,406
6,742

28,525
39,871
12, 756
6,859

84,479

85,323

87,932

88, 011

LIABILITIES

Demand deposits of individuals, partnerships, and
corporations
Times 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

3.500

CAPITAL ACCOUNTS

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

1,414,680

1,383,286

1,310,481

1,458,362

295, 702

290,294

286,203

318,013

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, 1950—Continued
GEORGIA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

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
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 .

349,415
307, 274
42,172
18,704

366, 512
280,560

393, 746
275,806

421,882
270,987

45,305
18,985

52,026
19,523

49,162
17,965

1,425
117,344
15, 111

1,443
110,888
11,479

1,450
117,180
14,826

1,514
127,849
15,006

107,971
8,438
432

134,202
8,813
376

127,814
9,606
475

168,156
9,924
468

18
1,607
946

39
1,589
724

1,339
803

1,616
514

970,857

980,915

1,014,596

1,085,043

541,779

542,207

570,641

600,577

157,264
430
21,872
60, 591
119, 717
3,181
904,834.
748,652
161,182

157,141
430
24, 218
67,985
116,341
5,634
913,956
753,018
160,938

152,550
330
19,815
55,237
142,737
4,508
945,818
789,668
156,150

150,438
230
21,613
68,867
163,447
10,933
1,016,105
862,41S
163,692

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
__
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
__.
Deposits of U. S. Government
._.
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
..
_
.
Expenses accrued and unpaid
Other liabilities
_
Total liabilities

100
18
3,618
118

3,783
2,481
847

4,325
2,964
114

4,120
3,157
813

911,196

921,206

953, 221

1,024,195

19,423
23,790
9,496
6,952

19,423
24,412
8,819
7,055

19,423
24,412
10,456
7,084

19,423
26,896
6,877
7,652

CAPITAL ACCOUNTS

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

__

Total liabilities and capital accounts

59,661

59,709

61,375

60,848

970,857

980,915

1,014,596

1,085,043

127,534

128,844

122,555

121,648

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_




54

REPORT OF THE COMPTROLLER OF THE CURREN€Y

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950—Continued
THE TERRITORY OF HAWAII
[In thousands of dollars]
A p r . 24,
1950

June 30,

Oct. 4,

Dec. 30,

1950

1950

1950

lbank

lbank

lbank

lbank

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
.
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..

71,307
82,599

73,464
75,547

79,699
76,201

5,943
2,731

7,2?0
2,672

13,668
12,032

15,110
11,755

13,684
10,797

7,729
2,672
1
13,780
13,240

6,953
2,345
57
10
574
243

6,308
2,320
47
14
536
421

5,966
2,347
47
44
516
378

6,549
2,340
38
19
470
586

196,161

199,091

192,682

203,324

49,712

47,475

50,939

53,559

10
24,777
11,225
1,512
1,736
182,971
87,254
95,717

94,169
10
25,696
15,414
1,433
2,076
186,278
90,077
96,196

91,077
10
23,196
10,650
1,263
2,003
179,188
86,886
92,752

90,957
10
24,202
17,693
2,020
1,862
190,808
96,605
93,698

10
43
406
259

14
52
512
20

44
57
485
113

19
80
728
20

183,689

186,871

179,837

191,150

4,000
4,000
2,296
2,176

4,000
5,000
895
2,325

4,000
5,000
1,519
2,326

4,000
5,000
999
2,175

69,709
83,677
4,113
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 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.-

12,472

12,220

12,845

12,174

196,161

199,091

192,682

203,324

74,670

79,012

74,687

77,953

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_




REPORT OF THE COMPTROLLER OF THE CURRENCY

55

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950—Continued
IDAHO
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

14 banks

13 banks

13 banks

13 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

111, 596
154,315
5,735
831

106,725
150,803
8
5,704
831

125, 519
142,353
8
6,644

128,175
143,075
8
7,430
691

398
28,890
4,722

30,376
4,921

402
33, 232
4,212

33,965
4,741

20, 730
2,656
25

19, 343
2,751
25

22,990
2,821
25

29,226
2,944
36

46
14
298

23
206

395

18
159

330, 256

322,114

339,298

350,871

184,341

176,244

199,166

201,836

76, 743

75, 498
11
6,162
40,872

74, 520
1,011
5,626
41,482
4,220
2,747
331, JUS
255,168
76,274

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.

11
4,744
41,178
3,400
2,235
812,652
285,204.
77, W

2,359
803,815
227,612
76,203

74,531
1,011
4,943
34,105
3,873
2,680
820,309
2U,O78
76,286

526
623
91

544
930
103

906
93

520
1,254
180

313,892

305, 392

321, 902

333,396

2,669

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
6,700
6,705
6,560
2,539
560

5
6,650
6,655
6,742
2,735

5
6,650
6,655
6,742
3,425
574

5
6,800
6,805
6,965
3,083
622

16,364

16,722

17,396

17, 475

330,256

322,114

339,298

350,871

76,753

77, 526

76,813

76,855

MEMOBANDUM

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. 81, 1950—Continued
ILLINOIS
[In thousands of dollars]
A p r . 24,
1960

June 30,

Oct. 4,

1950

1950

Dec. 30,
1950

382 banks

382 banks

383 banks

384 banks

2, 048,838
4,407,049 / 4, 522,012
I
7
405, 624
402, 397
211, 918
216, 045

2, 294, 517
4,343,062
6
397, 245
235, 509

2, 579,152
4, 291,088
13
411, 548
254, 419

14,341
1,250,048
83,198

14, 523
1,246, 653
75,668

14, 638
1, 326, 577
87,052

14, 903
1,381, 494
83,806

658,874
32,190
176

776,120
32, 269
148

801, 712
32, 580
218

1, 087,160
33,168
258

724
4,285
20,062
6,595

706
3,163
20,009
5,472

718
6,597
17,878
12, 347

5,510
19, 748
6,154

9,097, 566

9, 364, 030

9, 570, 656

10,169,114

4,819,808

4,868, 408

5,023,836

5, 538, 694

1, 963, 501
75
219, 967
440,087
951, 692
60,802

1, 975, 329
75
262, 435
578, 740
959, 426
74, 349
8,718,762
6, 635,207
2,083, 555

1, 934, 299
75
201, 944
583, 428
1,086, 430
72, 917
8,902, 929
6,865,823
2, 037,106

1, 970, 984
81
213, 551
499, 431
1,179, 623
92, 749
9, 495,113
7, 417,857
2,077,256

3,495
11,158
22,156

7,538
13, 217
28,633
6,689

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

2,002, 482

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of XJ. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities

6,388, 496
2,072,486
1,500
4,703
11,007
27,133

1,800

7,484

Total liabilities.

6,121
12,837
28,081
8,560

8, 763,055

8,960,806

9, 550, 712

1,534
15
208,318
209,867
263,068
65,314
52, 449

1,534
15
208,868
210,417
268,955
69,476
52,127

1,534
15
210,343
211, 892
270, 673
75, 910
51,375

1,534
15
212,318
213,867
279,364
73, 424
51, 747

600,975

618,402

9,097,566

9,364,030

10,169,114

846,955

903,805

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
MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




859,929

881,595

REPORT OF THE COMPTROLLER OF THE CtTBRENCY

57

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950—Continued
INDIANA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

125 banks

125 banks

125 banks

125 banks

355,809
881,223
72,490
34,947

378,004
874,909
22
72,456
35,817

412,454
855,392
22
74,268
36,557

435,558
893,993
22
75,031
37,215

2,172
180,896
34,440

2,194
184,856
30,984|
to
189,406
10,348

2,218
182,048
35,195

2,483
189,462
36,409

183,690
11,275
37

270,201
11,769
46

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

166,662
10,271
33
91
13
3,108
1,094

13
2,829
1,068

8
25
2,453
1,136

12
2,813
1,230

1,743,249

1,783,038

1,796,778

1,956,250

19,444

924,605

1,019,612

423,158
331
36,597
176,956
97,216
25,206
1,684,069
1,257,859
426,710

433,692
341
40,428
191,270
118,348
34,456
1,888,147
1,400,968
487,179

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..

865,183
425,202
335
37,278
194,247
94,542
19,423
1,686,210
1,207,417
428,79S

424,547
331
44,268
203,869
86,670
25,713
1,674,842
1,246,760
428,082
100

13
2,449
2,792
431

13
2,647
3,057
855

25
3,054
3,143
538

12
3,014
3,739
1,035

1,641,895

1,681,514

1,690,829

1,845,947

55
29,035
29,090
42,857
24,369
5,038

55
29,035
29,090
43,786
23,490
5,158

55
29,435
29,490
44,551
26,822
5,086

55
32,060
82,115
51,088
21,686
5,414

101,354
= = = = =
1,743,249
=

101,524

105,949

110,303

1,783,038

1,796,778

1,956,250

87,529

86,718

86,737

91,043

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




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. SI, 1950—Continued
IOWA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

97 banks

97 banks

97 banks

97 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 debendures
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

205,105
312,861
65,830
17,801

211,277
307,580

203,614
316,054

226,495
302,387

64,349
17,573

68,415
19,032

68,004
19,092

992
82,615
12,750

997
88,856
11,670

1,015
89,475
11,546

1,025
93,217
11,863

96,758
3,430
38

94,190
3,400
23

111,153
3,609
23

134,941
3,547
22

1,276
1
1,073
439

1,261

1,261
2
984
385

1,101
522

802,586

826,568

863,452

394,935

404,869

421,303

434,387

147,706
51
23,278
93,417
88,886
4,288
752,661
602,094
150,467

147,833
51
23,548
86,118
86, 747
4,833
758,999
603,408
150,591

144,878
51
19,022
82,866
102,053
5,720
775, 89S
,628,278
147,620

143,994
51
20,922
81,598
120,447
11,788
818,187
666,489
146,748

1,236

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
1
676
820
21

750
814
53

2
817
968
11

763
995
186

754,204

755,616

777,691

815,131

13,353
19,722
10,924
2,766

13,678
20,120
10,415
2,757

13,728
20,129
12,077
2,943

13,728
21,080
10,720
2,793

CAPITAL ACCOUNTS

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

_
_

_

Total liabilities and capital accounts

46,765

46,970

48,877

48,321

800,969

802,586

826,568

863,452

57,389

53,269

54,701

52,632

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OP THE COMPTROLLER OF THE CURRENCY

59

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1950—Continued
KANSAS
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

174 banks

174 banks

174 banks

174 banks

252,936
361,830
56,786
21,525

217,978
390,129
96
61,674
22, 793

249,247
357,730
96
62,877
28,188

272,295
352,662
104
63,488
26, 767

1,154
108,421
11,283

1,175
117,149
9,773

1,197
111, 726
9,813

1,412
116,831
10,477

105,150
3,976
51

127, 950
4,107
51

119,739
4,266
56

151,733
4,432
52

132
980
775

127
848
539

186
787
571

93
923
883

924,999

954,389

946,479

1,002,152

553,258

562,484

584,672

596,804

79,860
36
18,290
141,298
69,416
7,085
869, US
786,729
82, 514

80, 571
36
18, 867
147,449
80, 599
7,127
897,188
814,001

80, 572
36
15,817
125,150
72,092
8,244
886,583

80,005
41
15,499
153,631
86,353
9,830
942,163
859, 546
82,617

200

245

25

799
1,490
145

3
868
1,544
276

3
983
1,794
85

3
916
1,758
243

871,880

900,069

889,473

945,083

20
18,700
18, 720
19, 576
13,447
1,376

18,995
20. 676
13,173
1,476

19,145
19, U5
20, 787
15,651
1,423

19,670
19, 670
22,095
13,833
1,471

53,119

54,320

57,006

57,069

924, 999

954,389

946,479

1,002,152

161, 553

163,987

158,407

160,161

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
bankReserve 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. __

83,523

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




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. 81, 1950—Continued
KENTUCKY
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

92 banks

92 banks

92 banks

92 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

-

_

'

163,312
295,140
20,867
14,743

172,759
277,327
4
20,890
14,328

188,426
256,263
4
22,301
13,898

199,491
268,813
4
22, 561
14,728

1,097
66,448
12,869

1,074
66,348
10,935

1,086
69,461
12,642

1,096
70,282
13,852

70,629
4,531
1

66,554
4,588

69,895
4,707
1

102,460
4,873
7

16
824
354

41
858
311

41
666
329

41
878
279

650,831

636,018

639,720

413,321

401,756

408,252

447,042

108,990
16

109,012
16
9,490
32,173
30,449
5.687
478,95S
109,630

106,964
16
7,424
32,037
29,511
5,305
689,509
482,012
107,497

105,470
16
9,925
35,939
46, 670
5,399
650,461
548,765
106,696

2,900
804
930
280

160
888
977
525

1,080
1,043
1,146
450

200
976
1,069
614

605,860

591,133

593, 228

653,320

14,300
21,344
7,955
1,372

14,300
21,729
7,390
1,466

14,300
21,929
8,783
1,480

14,375
22,318
8,031
1,321

44,885

46,492

46,045

636,018

639,720

49,227

49,191

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
_

8,521
32,661
32,702
4,735
600,946
491,190
109,756

CAPITAL ACCOUNTS

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

_
_
_
._

Total liabilities and capital accounts
MEMOEANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




53,632

49,877

REPORT OF THE COMPTROLLER OF THE CURRENCY

61

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1050—-Continued
LOUISIANA
[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. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

35 banks

35 banks

36 banks

36 banks

257,043
581,550
66,948
7,282
1,974
161,969
16,953

272,891
565,350

309,101
527,889

331,320
531,002

70,168
7,807

73,009
9,101

77,626
8,638

1,974
155,674
13,562

2,009
141,452
17,113

2,039
172,047
16,462

137,748
10,471
424

140, 815
10, 298
377

150,152
10, 595
368

181,240
10,498

97
3,839
2,824
2,188

89
3,202
1,585

575
7,191
2,165
1,960

570
4,000
3,115
1,886

1,251,310

1,247,029

1,252,680

1,340,751

645,232

635,779

643,316

686,270

191,176
59
16,374
163,171
149,318
12,481
1,177,811
988,277
194,584

190,566
59
20,112
175, 111
138,821
11,512
1,171,960
978,860
198,600

59
16,763
166,562
148,907
9,893
1,170,190
982,716
187,474

184,408
59
17,120
168,530
194,915
12,103
1,263,402
1,077,165
186,237

100

200

5,033
1,291
2,991
256

4,763
1,372
3,847
533

9,942
1,531
3,402
241

4,899
1,361
3,753
849

1,187,382

1,182,575

1,185,506

1,274,264

50
18,088
18,188
29,732
15,112
946

50
18,588
18,688
29,835
14,885
1,096

19,263
19,268
29,701
17,382
828

19,288
19,288
34,006
12,221
972

63,928

64,454

67,174

66,487

1,251,310

1,247,029

1,252,680

1,340,751

269,874

265,542

275,021

254,823

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 borrowedmoney
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
MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
-..

948358—51


62

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, 1950—Continued
MAINE
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

33 banks

33 banks

33 banks

32 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

..-.

8,178
8,978

72,141
103,805
18
9,156
11,149

629
18,392
5,370

21,334
5,024

20,737
1,024
105

1,005
105

21,661
1,034
115

22,764
1,063
130

278
217
419

272
237
224

281
178
213

273
236
244

239,768

244,082

249,641

241,290

109,125

114,142

118,113

115,042

86,067
6
4,540
6,298
6,719
1,108
£18,868
127,467
86,896

84,950
6
5,378
7,678
5,421
1,514
219,089
188,880
85,259

83,838
6
3,979
9,971
5,917
2,258
224,082
HO, 068
84,019

78,728
6
5,412
8,070
5,903
2,968
216,129
187,229
78,900

72,566
102,875

76,315
99,904
11
10,367
11,569

77,204
91,035
11
9,273
11,829

630
21,031

631
21,099
5,498

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
borrowedmoney
Income collected but not earned
Expenses accrued and unpaid
Other liabilities..
Total liabilities

1,200
410
389
216

100
432
330
423

100
477
350
276

443
442
384

216,078

220,374

225,285

217,398

8,415
9,720
4,736
819

9,215
8,974
4,596
923

9,215
9,009
5,188
944

9,090
9,239
4,545
1,018

CAPITAL ACCOUNTS

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

23,690

23,708

23,892

239,768

244,082

241,290

15,761

14,938

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes..
_




14,746

15,752

REPORT OF THE COMPTROLLER OF THE CURRENCY

63

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1950—Continued
MARYLAND
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

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

136,908
406,438
15,170
17, 052

145,981
402,621
10
16, 044
16,176

167,334
384, 943
8
18,016
17,839

174,224
376,863
8
18,390
17,194

1,229
84,030
12, 583

1,230
88. 525
9; 916

1,232
88,931
14,016

1,251
90,474
12.935

65, 535
5,027
134

75,991
4,997
122

89,223
5,102
96

98, 466
5,174
71

500
304
1,657
748

500
320
1,121
856

510
349
1,322
1,119

519
558
1,045
895

747,315

764, 410

790, 040

798,067

382, 799

396, 274

411,871

424, 772

166. 268
5
23,675
58,305
54,535
5,822
691,409
619,297
172,112

165,308
5
25, 261
57, 941
57,932
2,553
705, 27h
684, 981
170,848

163, 959
5
18, 601
64, 747
71,567
2,331
783,081
564,664
168,417

162, 095
5
23,114
56, 769
69,080
4,547
740, 382
674,072
166,810

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

100

150

3,000

304
348
648

320
370
747
465

349
467
710
44

558
485
766

710,176

734,651

742,973

14,645
26,372
9,374

14,645
26,477
10,280
3,987

14, 820
27,268
9,330
3,676

Total liabilities...
CAPITAL ACCOUNTS

Capital stock: Cpmmon stock
Surplus
Undivided profits
Reserves
„

_

14, 645
26,268
9,725
3.779

Total capital accounts
Total liabilities and capital accounts

54,234

55,389

55,094

764,410

790,040

798,067

120,537

120,274

117,736

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_




122,497

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. 81, 1950—Continued
MASSACHUSETTS
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

118 banks

118 banks

118 banks

116 banks

Loans and discounts (including overdrafts)
847,178
915,275
U. S. Government securities, direct obligations
} 1,407,586 / 1,328,487
Obligations guaranteed by U. S. Government
44
99,477
Obligations of States and political subdivisions
129,332
Other bonds, notes, and debentures
55,931
57,434
Corporate stocks, including stock of Federal Reserve
6,086
bank
6,111
Reserve with Federal Reserve bank
372,393
366,429
Currency and coin
_.
_
48,794
34,916
Balances with other banks, and cash items in process
of collection
_
_
_
245,584
230,349
24,632
24,756
Bank premises owned, furniture and fixtures
165
25
Real estate owned other than bank premises
Investments and other assets indirectly representing
336
331
bank premises or other real estate
13,249
17,554
Customers' liability on acceptances outstanding
8,434
7,177
Income earned or accrued but not collected
11,191
9,835
Other assets
_._
_

1,025,758
1,246,210
225
140,475
65,337

1,126,524
1,213,157
225
118,071
70,767

6,126
391,405
49,107

6,127
417,629
43,087

252,930
25,010
16

335,041
25,643

328
24,912
6.004
2,772

358
22,082
6,958
5,349

Total assets..

3,141,036

3,128,055

3,236,615

3,391,046

1,813,036

1,800,143

1,892,369

1,977,869

473,848
467,236
69
69
80, 518
70,657
161,429
150,862
284,745
35,533
40,714
2, 888, 981 2,818,967
2,8E8,888 2,840,648
478,819
480,043

461,326
69
64,777

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..

149, 926
304,172
39,800
2,912,489
2,446,648
465, 891

448,106
69
75,124
196,253
323,381
49,104
8,069,906
2,616,808
468,598

5,700

978

200

375

14,386
5,939
8,573
9,292

19,040
6,259
8,122
17,224

27,167
6,870
9.509
13,687

25,509
6,607
10,134
13,101

2,877,821

2,865,590

2,969,872

3,125,632

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

104
74,122
74,226
127,616
40,995
20,378

104
74.122
74,226
128,229
41,061
18,949

104
74,172
74,276
128,455
43,737
20,275

104
73,922
74,026
129,459
43,310
18.619

263,215

262,465

266,743

265,414

3,141,036

3,128,055

3,236,615

1,391,046

179,368

168,890

172,341

162,042

MEtfOBANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

65

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950— Continued
MICHIGAN
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

78 banks

78 banks

78 banks

78 banks

682,572
1,441, 661
105,898

671,639
1,538,908
19
105, 787
93,135

762,136
1,453,747
26
112,886
103,346

801,795
1,452,473
19
116,345
107,222

3,748
271, 759
43,334

4,046
351,217
36,053

4,065
314, 488
48,305

4,082
361,190
45,495

239,105
13, 926
122

271,336
13,818
125

237,128
14,124
48

351,913
14,258
47

1,190
2
7,071
2,313

1,177
20
6,683
2,607

1,156
9
5,787
2,895

1,160
8
6,806
3,390

2,901, 544

3,096, 570

3,060,146

3,266, 203

1,381,676

1,483,252

1, 541, 699

1,756,738

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
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

864,406
861,277
859,130
35
35
35
158,106
280,977
139,932
156, 758
126,093
137,102
151, 452
146,216
162, 520
22, 409
19,280
22,763
2,728,584. 2, 923,888 2,863,181
1,855,618 2,048,649 1,994,030
872,966
874,739
869,151

865,607
40
128,913
138,268
170,042
23,820
3,083,428
2,208,441
874,980

15,000
2
9,708
10, 279
2,150

20
10, 572
9, 756
2,288

12, 237
12, 770
2,235

2, 750, 723

2, 946, 024

2,905, 432

3, 111, 655

1,000
42,295
48,295
70,435
27,509
9,582

1,000
42,345
43,345
80, 578
20,871
5,752

1,000
42,345
43,345
81,109
24,168

1,000
42, 545
43,545
81, 756
22, 977

150,821

150, 546

154, 714

154,548

2,901, 544

3,096, 570

3,060,146

1,266,203

281,356

350,919

249,457

204,460

12,155
11,582
4,482

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

6,270

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, 1950—Continued
MINNESOTA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

179 banks

179 banks

178 banks

178 banks

582, 731
861,334
90.904
77,081

604, 725
834,992

658,116
774, 541

771,227

91,970
83,042

100,525
79,698

101,781
79,890

3,087
224, 762
20,565

3,094
226, 709
18,463

3,132
233,136
19,573

3,180
234, 589
20,135

211,941
7,507
653

245, 939
7,557
555

285,874
7,726
548

331,809
7,828

3,942
475
5,696
824

3,950
494
5,248
1,676

1,055
4,687
1,908

3,864
580
5,120
1,492

2,091, 502

2,128, 414

2,174, 507

2, 258,360

933,730

931, 613

999,236

1,086, 642

488,012
57
51, 276
123,590
323,164
21,603
2,006,938
1,614,240
492,698

482,927
53
55, 765
122, 074
325, 669
25,896
2,099,026
1,618,207
485,819

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 andfixtures.__
_
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
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities.

505,177
500,680
57
57
58,022
55,290
135, 028
194, 945
255,161
270, 789
31,448
20,171
1, 918,628 /, 978,545
1,407,252 1,466,906
511,371
506,639

8,250

19, 650
475
8.033
7,651
1,734

494
8,700
7,184
2,336

1,055
9,345
7,790
1,899

580
9,056
7,937
2,246

1,956,166

1,992, 259

2,035,277

2,118,845

1,105
25
37,131
88,261
65,490
19,037
13,367

1,105
25
37,106

1,105
25
37,246
88,876
69,416
18,857
12,866

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

1,105
25
37,116
38, 946
64, 718
19,234
13,138

88,236
65,489
21,891
13,614

135,336

136,155

139,230

139, 515

2,091,502

2,128,414

2,174, 507

2,258,360

389,115

373,968

355,902

331,647

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, 1950—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. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

24 banks

24 banks

24 banks

24 banks

82,175

52,459
75,933

58,197
68,583

57,767
75,582

28,876
1,614

29,071
1,561

29,517
1,558

30,710
1,307

364
20,407
5,340

365
19,092
4,340

372
20,246
4,998

373
22,852
5,243

28,545
2,050
13
19
244

32,602
2,068
20
25
181

31,340
2,109
9
26
176

39,376
2,039
21
28
189

219,260

217,717

217,131

235,487

110,997

109,203

113,685

123,391

45,585

46,351

45,072

45,205

4,437
27,705
15,622
1,122
205,468
159,181
46,287

4,919
27,393
14,578
1,333

4,746
23,136
14,084
1,787
202,510
156,7S6
45,774

5,402
24,966
20,504
1,803

49,613

}

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

20S, 777
156,724
47, OSS

221,271
175,864
4§,9O7

185
280

213
290
157

252
392

255
396
101

205,941

204,437

203,160

222,023

138
4,370
4,508
7,609
889
313

138
4,370
4,508

138
4,420
4,558
7,891
1,246
276

13,319

13,280

13,971

13,464

_

219,260

217,717

217,131

235,487

Assets pledged or assigned to secure liabilities and for
other purposes...

46,818

45,854

40,688

42,620

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.

247

138
4,445
4,583
8,415
177
289

MEMOBANDUM




68

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, 1950—Continued
MISSOURI
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

79 banks

79 banks

79 banks

79 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 Keserve
bank
Reserve with Federal Reserve bank._
Currency and coin
Balances with other banks, and cash items in process
of collection
_
_
.._
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises._
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..

_

513,423
662,022
62,726
36,187

497,267
679,256
30
63,789
37,489

578,501
618,445
22
67,889
40,161

628,164
624,991
29
67,693
40,160

2,804
211,345
15,726

2,847
221,526
13,811

2,881
228,461
17,303

2,955
246,915
17,211

197,955
9,153
125

215,857
9,304
185

243,090
9,363
182

317,042
9,418
231

336
784
3,007
785

311
907
2,802
916

308
2,017
2,256
1,100

304
1,030
2,630
1,179

1,716,378

1,746,297

1,811,979

1,959,952

928,078

944,818

1,003,679

1,063,747

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

233,428
235,830
233,666
72
72
43
32,808
40,164
31,474
65,539
62,578
55,776
335,699
339,919
362,704
13,643
9,157
10,911
1,604,781 1,637,024 1,698,253
1, 865,18S 1,894,979 1,458,877
289,598
242,045
289, 876

232,226
43
35,179
77,168
424,373
14,137
1,846,873
1,607,647
289,226

3,000
797
1,509
3,509
514

1,596
2,958
1,375

2,169
1,863
3,555
876

1,239
1,755
3,648
1,151

1,614,110

1,643,891

1,706,716

1,854,666

32,578
39,662
26,959

32,598
41,310
25,226
3,272

32,598
42,501
26,863
3,301

35,048
43.402
23,713
3,123

CAPITAL ACCOUNTS

Capital stock: Common stock
Surplus
Undivided profits
Reserves

__

Total capital accounts
Total liabilities and capital accounts

102,268

102,406

105,263

105,286

1,716,378

1,746,297

1,811,979

1,959,952

169,917

164,104

170,933

176,882

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

69

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1950—Continued
MONTANA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

39 banks

39 banks

39 banks

39 banks

52,164
159,751
7,685
4,844

54,308
154,040

62,297
140,783

65,756
150,619

7,447
4,579

7,998
4,935

8,087
5,538

296
29,847
4,661

296
30,203
4,428

300
31,427
4,245

304
32,619
4,549

26,407
2,247

29,219
2,243

40,137
2,275

720
56

740
79

36,964
2,326
2
645
129

287,582

292,051

310,679

176,154

173,759

189,315

196,641

50,480

49,970

48,735

49,3%

4,034
30,933
10,627
3,082
275,310
224,612

13,572
22,533
10,674
3,227
273, 735

7,676
22,700
16,582
2,881
295,870
246,286

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.-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
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities..

60,698

BBS, 549
50,186

5,067
17,551
12,949
2,747
276,864
227,435
48,929

75

50

650

666
348
13

718
428

276,412

274,940

680
124

49,584

681
1

824
842
13

278,560

297,549

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
4,840
4,900
4,962
2,073
331

60
4,840
4,900
5,003
2,435

60
4,840
4,900
5,122
3,154
315

4,940
5,000
5,192
2,564
374

12,266

12,642

13,491

13,130

288,678

287,582

292,051

310,679

52,301

51,901

48,875

53,437

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. 81, 1950—Continued
NEBRASKA
[In thousands of dollars]
Apr. 24,
1950

J u n e 30,
1950

Oct. 4,
1950

Dec. 30,
1950

124 banks

124 banks

124 banks

124 banks

239,936
382,295

231,907
380,671

49,478
19,854

50,978
19,555

245,124
387,950
4
56,376
20,981

283,197
378,859
3
59,422
20,317

1,111
108,453
9,823

1,112
121,001
8,873

1,123
124,852
9,210

1,225
129,278
9,172

120,098
5,157
9

115,274
5,164
22

139,921
5,232
26

158,947
5,337
22

56
1,448
729

1
1,338
651

7
1,189
731

572

938,447

936,551

992,726

1,047,720

574,104

566,808

598,184

104,911
23
20,130
49,827
123,488
5,898
878,381
778,282
105,099

104,538
23
26,227
49,968
124,715
6,618
878,897
774,163
104,734

103,406
23
21, 265
41,835
157,420
7,256
929,389
825,782
103,607

3,400

363

1,982

5
616
1,148
71

646
1,228
282

744
1,395
1,157

712
1,416
289

883,621

881,416

25
18, 215
18,240
18,820
14, 739
6,260

25
20,090
20,115
20,664
13,066
5,054

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
_

102,778
23

19,647
51,051
166,136
8,359
986,081
888,203
102,878

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

25
18,090
18,115
18,492
12,897
5,322

25
18,090
18,115

18,622
13,199
5,199

54,826

55,135

58,059

58,899

938,447

936,551

992,726

1,047,720

117,175

113,850

114,311

121, 254

MEMOBANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_




71

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, 1950—Continued
NEVADA
[In thousands of dollars]
Apr. 24,
1950

June 30,

Oct. 4,

Dec. 30,

1950

1950

1950

5 banks

5 banks

5 banks

5 )anks

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

42,027
69,750

43,879
71,673

45, 542
69,883

6,703
1,238

6,562
3,238

6,521
3,191

119
11, 459
2,922

119
12,386
3,133

149
12, 752
3,303

161
13,139
2,817

5,674
1,195
34
570
134

8,531
1,226
52
518
91

8,540
1,274
126
428
154

10,670
1,398
46
440
181

141,457

145,774

152,078

153,989

40,305
71,115
6,692
1,238

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 a n d u n p a i d .
Other liabilities

Total liabilities.

65,139

67,592

74, 242

74,583

46,433

46,685

46,762

47,767

2,702
14,832
1,114
1,430
181,650
81,993
49,657

15,109
937
1,685
135, 904
85,485
50,419

3,330
14,329
1,206
1,809
141,678
91, 681
49,997

: 3,454
15,805
690
1,412
\43,711
\ 98,216
50,495

293
669
284

295
474
400

327
638
432

306
657
222

132,896

137,073

143,075

JL44,896

1,810
2,155
4,581
15

1,810
3,155
3,721
15

1,810
3,155
4,023
15

1,810
3,555
3,713
15

CAPITAL ACCOUNTS

Capital stock: Common stock.
Surplus
Undivided profits

Total capital accounts
Total liabilities and capital accounts

8,561

8,701

9,003

9,093

141, 457

145,774

152, 078

153,989

24,263

24, 574

24,816

25,001

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. 81, 1950—Continued
NEW HAMPSHIRE
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

51 banks

51 banks

51 banks

51 banks

67,698
7,258
5,701

71,565
64,746
42
7,721
5,458

72,038
68,521
42
8,848
5,581

73,006
68,678
48
9,108
5,851

436
18,666
4,689

435
18,730
4,577

445
21,503
6,512

444
22,350
5,356

21,482
1,646
73

21, 217
1,602
49

1,791
50

27,890
1,820
23

52
3
136

50
5
125

5
115

56
5
101

194,729

196,322

212,152

214,736

105,091

105,712

116,920

118,984

40,987
20
5,615
11,309
5,749
4,894
178,665
181,482
42,288

40,699
20
6,067
10, 536
5,829
6,313
176,176
188,279
41,897

42,189
20
6,217
12,674
7,060
5,531
190,611
W, 297
48,814

41,073
20
6,099
14,125
6,509
6,360
198,170
150,988
42,187

200
170
115
20

175
180
185
153

204
168
23

50
183
201
149

174,170

175,869

191,006

193,753

12

12
5,773
6,785
8,540
4,971
1,157

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. _
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

5,773
5,785
8,474
5,053
1,247

11
6,024
6,085
8,595
5,490
1,026

11
6,024
6,085
8,778
5,121
1,049

20,559

20,453

21,146

20,983

194,729

196,322

212,152

214,736

11,681

11,407

12,815

12,023

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_




REPORT OF THE COMPTROLLER OP THE CURRENCY

73

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. SI, 1950—Continued
NEW JERSEY
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

208 banks

207 banks

206 banks

205 banks

557,524
1,222,273
164,076
83,995

595,473
1,209,594
323
170,581
83,754

644,724
1,205,145
323
181,723
85,665

694,531
1,208,175
323
185,658
85,588

4,334
187,917
46,399

4,360
198,746
33,434

4,278
213,495
48,781

4,393
239,700
47,333

136,304
21,322
184

161,247
21,747
219

152,805
22,871
220

207,831
23,616
335

1,720
300
4,496

1,409
450
5,274
2,310

1,405
66
3,806
2,512

1,343
76
5,450
2,163

2,433,537

2,488,921

2,567,819

2,706,515

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
1,001,472
Postal savings deposits
_
51,157
Deposits of U. S. Government
_
..
Deposits of States and political subdivisions.—
151,358
24,110
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
26,369
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

1,020,153

1,093,547

1,194,202

1,014,026

1,012,005

1,009,023

2,247,835
1,226,138
1,021,697

59,253
150,347
26,350
33,280
2,803,409
1,266,174
1,037,235

49,811
160,677
28,544
32,959
2,377,543
1,341,864
1,035,679

56,750
183,088
34,505
42,033
2,519,601
1,486,098
1,033,603

5,075

3,000

3,300

650

300
5,466
4,829
324

450
5,742
4,512
1,196

66
6,512
5,891
672

76
6,328
5,206
1,354

2,263,829

2,318,309

2,393,984

2,533,215

3,677
182
53,727
57,586
71,352
31,478
9,292

3,677
182
53,827
57,686
72,415
30,549
9,962

3,008
177
54,295
57,480
73,320
33,711
9,324

2,744
90
54,420
67,254
76,858
29,823
9,365

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

169,708

170,612

173,835

173,300

2,433,537

2,488,921

2,567,819

2,706,515

148,986

149,472

156,005

147,716

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. 81, 1950— Continued
NEW MEXICO
fin thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

26 banks

26 banks

26 banks

26 banks

ASSETS

Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed by TJ. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
..
Corporate stocks, including stock of Federal Reserve
bank
._
-Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process
of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Income earned or accrued but not collected
Other assets
Total assets .

79,225
91,041
7,055

80,819
91,214

85,551
90,784

83,923
93,025

7,255

7,741
876

823

23,584
4,897

292
32,491
4,444

328
25,346
5,330

397
26,741
4,816

36,262
1,712
257

39,163
1,733
235

36,925
1,755
271

58,538
1,669
187

215
73

220
45

253
170

121
229
178

245,475

258,737

255,330

278,473

140,512

142,069

147,360

167,668

32,257
11
7,262
39,409
9,663
2,428
SSI, 542
196,684

32,592
11
7,763
50,939
8,763
2,929
245,066
209,923

32,040
11
6,962
12,952
4,636
262,246
227,761
34,485

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..

S5,14S

31,864
11
8,378
39,915
9,882
2,627
240,037
205,728
34,309

400
395
115
164

415
115
175

440
135
174

21
422
122
209

232,616

245,771

240,786

263,020

5,135
4,627
1,031
2,066

5,135
4,686
783

5,715
5,265
1,249
2,315

6,215
5,794
645
2,799

S4,858

37,977

CAPITAL ACCOUNTS

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

14,544

15,453

255,330

278,473

62,833

63,256

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_




55,972

61,857

REPORT OF THE COMPTROLLER OF THE CURRENCY

75

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. SI, 1950—Continued
NEW YORK
[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
Beserve 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. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

380 banks

380 banks

380 banks

376 banks

3,677,703
5,250,541
788,339
372,676

3, 754,845
5, 255,269
900
777,429
394,001

4,185,858
4,872,359
893
847,530
480,090

4,659, §90
4,773,802
894
861,922
521,799

42,243
1,970,317

42,202
1,976,906
73, 753

42,265
2,059,639
97,603

42,875
2,162,120
90,307

806,901
87,226
772

981,016
87, 219

830,151
87,094
1,171

1,365,096
86,672
772

1,483
33,622
28,614
45,079

1,459
38,138
26,952
49,666

1,544
52,798
23,209
62,684

1,754
44,639
26,928
66,501

13,205,411

13,460,563

13,644,888

14,706,071

7,401,721

7,466,308

7,601,934

8,161,251

1,623,786

1,637,153

1,616,384

1,635,005

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.
Ti.*e 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

357,193
291,917
265,487
345,884
312,681
310,311
319,591
1,667,563 1,706,644 1,850, 926
1,989,007
364,976
288,942
524, 784
298,171
11,573,696 11,878,168 11,960,414 12, 895,125
9,80S,440 10,072,029 10,147,198 11,050,390
1,806,129
1,770,256
1,813,216 1,844,735
3,747
71,935
14,940
16,018
10
10
10
10
40,559
59,977
51,079
35,502
25,212
23,975
21,041
21,950
52,135
51,558
48,597
429,709
499,676
430,336
377,479
269,774

12,123,830

12,370,500

12,543,475

13,593,358

2,349
457
333, 557
336,363
536,556
189,617
19,045

2,287
432
333,865
336,584
538,438
195,364
19,677

2,222
408
334,370
337,000
539,104
205,082
20,227

2,222
408
334,895
337,525
551,188
205,642
18,358

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

1,081,581

1,090,063

1,101,413

1,112,713

13,205,411

13,460,563

13,644,888

14,706,071
•

•

•

'

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




949,671

998,545,

1,061,546

989,677

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. 81, 1950—Continued
NORTH CAROLINA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

46 banks

46 banks

46 banks

46 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
__.

143,644
176,783
23,603
4,288

151,183
164,858

163,342
163,470

172,682
175,023

24,112
3,879

25,357
3,758

6,212

729
45,166
11,947

739
44,387
9,470

740
48,822
14,195

756
55,741
11,708

54,276
3,893
94

68,321
4,233
58

89,136
4,408
53

88,586
4,442
28

36
1
534

66
67
512
469

11
304
636
493

465,402

472,144

514,395

545,608

276,958

277,838

315,671

339,280

85,153
1
11,572
34,008
16,185
7,198
431,076
886,298
94,777

84,409

82,077
1
9,894

83,167
1
12,053
38,034
27,502
9,588
509,625
418,240
91,885

531
441

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

13,148
33,548
18,906
9,906
487,756
344,875
93,381

37,178

21,665
11,605
478,091
387,814
90,277
650

200

2
1,121
883
21

1
1,112
978
184

67
1,216

304
1,279
1,281
152

433,302

440,031

480,963

512,641

8,975
15,307
6,091
1,727

8,975
15,751
5,671
1,716

8,975
15,751
6,962
1,744

8,975
16,486
5,682
1,824

CAPITAL ACCOUNTS

Capital stock: Common stock
Surplus
Undivided profits
_
__
Reserves
Total capital accounts
__
_
Total liabilities and capital accoimts

32,100

32,113

33,432

32,967

465,402

472,144

514,395

545,608

73,385

71,050

72,463

74,274

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

77

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. SI, 1950—Continued
NORTH DAKOTA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

41 banks

41 banks

41 banks

41 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
Income earned or accrued but not collected
Other assets
Total assets.

58,762
139,226
8,502
5,389

51,908
138,991
9
8,423
5,309

61,734
131,786
7
9,232
5,295

66,815
133,671
7
10,303
5, 676

280
24,421
3,486

281
24,910
3,198

289
24,626
3,048

293
26,493
3,393

15,819
1,374

21,020
1,371

784
63

776

26,847
1,394
25
714
75

23, 310
1,370
24
705
44

258,106

256,264

265,072

272,104

150,455

148,612

160,017

165,636

68,748
6
4,237
9,575

65,917
6
4,114
8,258
9,280
2,044
249,636
182,976

66,461
6
4,329

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 b y or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
_
Total liabilities..

4,280
9,386
7,793
1,700
£43,629
172,998
70,531

1,655
241,523
172,053
69,470

442
743
7

484
691
28

552
745

70
510
784
70

244,721

242,726

250,939

268,023

4,015
5,411
3,077
882

4,015
5,571
3,080
872

4,015
5,748
3,528
842

4,115
5,911
3,175

8,690

1,803
256,589
189,476
67,113

CAPITAL ACCOUNTS

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

_

13,385

13,538

14,133

14,081

258,106

256,264

265,072

272,104

23, 765

23,771

23,486

24,281

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes

948858—51


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, 1950—Continued
OHIO
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

241 banks

241 banks

241 banks

241 banks

907,888
1,705,506
177,271
72,580

947,635
1, 693, 455
24
182,946
70, 653

1,024,569
1,662,540
16
190,993
76,750

1,084,020
1,680,640
16
193,999
77,184

5,740
359,902
56, 527

5,757
383,125
49,092

5,801
404,388
61,092

5,907
432,148
59,719

288,847
29,648
10

314,226
29,898
17

315, 040
30,338

451,027
30,508

861
248
6,258
2,232

857
208
5,691
2,187

857
857
4,913
2,189

855
1,142
5,882
1,975

3,613, 518

3,685,771

3.780,343

4,025,022

1,805,667

1,843,294

1,932,977

2,136,098

969,779
169
96,536
248,988
178,147
57, 235
3,856,521
?, 816, Jfik
1,040,117

971,066
170
115,225
275,734
173, 248
48,141
8,4X6,878
2,882,258
1,044,620

957,397
169
83,623
294, 592
199, 997
44,937
3,513, 692
2,484,172
1,029,520

966,727
175
91,164
250,918
230,752
80, 550
3,756,884
2, 718,382
1,038,052

500

20

800

50

248
6,002
9,329
2,120

208
6,503
9,652
2,558

857
7,541
9,631
2,910

1,142
7,091
10,373
3,660

3,374,720

3,445,819

3,535,431

3,778,700

3,400
79,761
83,161
109,633
44,071
8,047

3,400
80,096
88,496
114,487
39,938
8,401

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 Keserve
bank
Reserve with Federal Reserve bank
Currency and coin
__
_.
Balances with other banks, and cash items in process of
collection
-Bank premises owned, furniture and fixtures
Real estate owned other than bank premises.
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
___
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:
Preferred stock
Common stock

_

3,400
79,276
82,676
107,636
40,757
7,729

Total capital stock

Surplus
_
Undivided profits
Reserves

Total capital accounts
Total liabilities and capital accounts

3,400
79, 576
82,976
108,970
40,187
7,819

238,798

239,952

244,912

246,322

_.

3,613,518

3,685,771

3,780,343

4,025,022

Assets pledged or assigned to secure liabilities and for
other purposes
_

530,554

540,716

549,569

540,792

MEMORANDUM




REPORT OF THE COMPTROLLER OF THE CURRENCY

79

Assets and liabilities of national banks, by States, at date of each call during year ended
December 31, 1950—Continued
OKLAHOMA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

199 banks

199 banks

199 banks

199 banks

372,227
545,497
81,288
14,324

364, 796
551,194
19
82,560
16,229

393, 467
525, 555
19
91,666
20, 674

411,969
526,455
19
99,319
19,048

1,937
159, 636
17,944

1,938
171,314
16,118

1,989
162,816
16,086

2,308
187,642
18,151

213,137
6,608
59

243, 514
6,749
62

212,159
6,749
159

290, 731

833
76
1,660
1,287

2,489
48
1,496
703

3,353
384
1,248
1,092

3,272
127
1,530
926

1, 416, 513

1, 459,229

1,437,416

1, 568,658

880,103

902, 765

891,489

976,901

97,164
95
24,975
154, 432
145,859
12,142
1,314,770
1,213,006
101,764.

97,304
96
26,823
149, 562
161, 768
16, 948
1,355,266
1,253,424
101,842

95,051
95
28,806
154, 675
141,034
13,301
1,324,451
1,220,742
103,709

92,947
96
25,273
170,349
175, 671
19,006
1,460,243
1,356,112
104,181

76
989
2,798
258

48
988
2,930

384
1,095
3,390
185

127
930
3,972

1,318,891

1,359,901

1,334, 505

1, 466,155

29,303

29,878
36,195
28,002
5,253

30,078
36,352
31,333
5,148

30, 628
37,243
29,436
5,196

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

7,097
64

LIABILITIES

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

Total deposits
.
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for
borrowed money
Acceptances executed by or for account of reporting
banks and outstanding
Income collected but not earned
Expenses accrued and unpaid
Other liabilities
Total liabilities..

5,000

CAPITAL ACCOUNTS

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

35,245
28,116
4,958
97,622

99,328

102,911

102, 503

1,416,513

1,459,229

1, 437,416

1, 568, 658

257,493

260,375

270,309

272,806

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
December 81, 1950—Continued
OREGON
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

20 banks

20 banks

20 banks

20 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 acceptance outstanding
Income earned or accrued but not collected
Other assets
Total assets

337,324
499,264
94,475
9,510

362,627
482,227

437, 547
453,095

459, 796
452,576

98,015
9,498

98,768
12,635

101,988
14,740

1,374
141,299
12,389

1,380
141,088
12,130

1,501
156, 262
12,932

1,670
158,962
13,334

79,081
14,181
7
357
2,874
911

93,429
14,210

108,812
14,346
3
512
2,926
1,261

111, 747
14,628
3
330
4,338
883

1,300,600

1,334,995

1,193,046

342
4,282
1,219, 934

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

637,107
322,782
15
17,686
82,664
31,243
13,739
1,105,286
777, 245
327,991

739,859
321, 760
15
15
23,719
18, 741
70,977
69,075
42,432
32,958
18,140
20,411
1,212,897
1,134,538
885,881
807,485
327,066
827,108

735,876
326,913
15
17,587
102,949
40,245
23,214
1,246,799
914,625
382,174

4,500
25

25

25

25

3,422
3,781
1,001

415
3,918
3,551
1,069

550
4,591
4,821
922

484
4,178
3,872
994

1,118,334

1,143, 516

1,223,306

1,256,352

16,415
29,393

19,415
26,650
30,129
224

21, 665
28,900
26,514
215

21,715
34,117
22,579
232

CAPITAL ACCOUNTS

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

_

Total liabilities and capital accounts

210
74,712

76,418

77,294

78,643

1,193,046

1,219,934

1,300,600

1,334,995

247,537

246,145

240,673

250,863

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OP THE COMPTROLLER OF THE CURRENCY

81

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1950—Continued
PENNSYLVANIA
[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. 24,
1960

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

633 banks

631 banks

630 banks

627 banks

1,829,803
3,242,153
313,400
349,627

1,861,606
3,344, 552
177
322.324
360.325

2,026,175
3,168,122
177
361,891
364,663

2,114,115
3,115,105
177
365,004
382,380

26,473
757,155
118,031

26,134
781,773
93,362

25,462
816,288
119,146

19, 262
839,662
118,020

542, 744
60,649
807

568,265
60,197
875

61,038
830

1,904
6,405
13, 255
7,026

2,923
6,912
12, 548
8,717

5,008
9,719
7,129

7,269,432

7,450,690

7, 537,820

7,789,997

3,621,239

3,703,070

3,787,684

4,035,553

1,925,882
543
134,342
270,905
483,318
49,391
6,485,620

1,935,659
634
170,747
278, 255
503,323
62,485
6,654,173
4,624,193
2,029,980

1,920,990
613
131, 525
296, 735
526,910
57,019
6,721,476
4,704,268
2,017,208

1,916,021
639
151,370
248, 787
575, 533
76, 733
7,004,686
5,011,262
1,993,374

744,966
61,336
4,867
5,320
12, 296

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

4Wt709
4,Wt,
2,010,911

1,720

10,190

18, 540

2,765

6,776
10,016
18, 858
3,718

7,743
10,944
18,122
7,609

5,540
12,300
20,776
4,608

6,220
11,626
19,633
9,383

6, 526, 708 6,708, 781

6, 783, 240

7,054,263

50
214, 826
214,876
363,037
137,805

50
209, 846
209,896
407, 564
103,413
14,861

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
214,671
214,721
360,147
129,203
38,653

50
214,371
4,M
tl4M
362,165
126, 280
39,043

742,724

741,909

754,580

735,734

7,269,432

7,450,690

7, 537,820

7,789,997

851,062

841,681

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




830,106

815,317

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. 81, 1950—Continued
RHODE ISLAND
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

8 banks

8 banks

7 banks

7 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. _
_.
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
_
_
Total assets

_.

76,709
125,892
4,075
4,128

83,717
106,390

89,957
120,811

97,625
111, 384

4,600
4,346

4,870
6,454

4,724
6,434

22,930
5,178

25, 830
3,771

715
29,977
6,082

714
32,454
5,618

14,461
1,174
92
616
584

15, 671
1,170
243
556
695

12, 577
1,358
460
501
1,003

23,974
2,258
136
609
82

256,428

247,578

274,765

286,012

179,383

168,036

189,155

206,721

20,155
50
8,351
13, 403
7,829
1,617
280,788
210,274
20,514

20,028
50
8,512
15,352
221,847
201,460
20,387

21,912
5
5,787
17, 512
9,734
3,130
247,285
225,254
21,981

22,397
151
7,169
12,990
8,569
3,143
261,140
288, 283
22,857

92
394
978
49

243
412
851
210

460
489
1,051
77

136
545
1,176
212

232,301

223, 563

251,812

263,209

8,820
10,675
4,224
408

8,820
10, 745
4,027
423

8,320
10, 025
4,264
344

8,320
10,060
4,079
344

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..

7,792
2,077

2,500

CAPITAL ACCOUNTS

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

24,127

24,015

22,953

22,803

256,428

247,578

274,765

286,012

19,680

18,648

16,254

16,801

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OP THE COMPTROLLER OF THE CURRENCY

83

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. SI, 1950—Continued
SOUTH CAROLINA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,

25 banks

25 banks

25 banks

25 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

104,637
192, 732
14,602
9,197

109, 472
182,531

127,993
173,091

133,009
169,109

14, 660
9,238

15, 779
10, 295

17,017
9,737

524
42,925
10,813

524
41, 330
8,501

558
43,472
12,496

558
46,871
11,078

41,105
2,501
1

50, 856
3,280

58,525
3,339

512
265

48
474
291

47
434
252

43
406
216

419,862

421,205

446, 281

454,961

265, 797

270, 652

296,551

300,361

52,965
7
8,997
46,971
15,192
4,527

52, 569
7
10,432
43,175
12,955
5,451
395, 241
341, 258
53,988

53, 258
7
8,677
38,349
16,195
5,807
418,8U
864,244
54,600

51,488
7
9,457
41,836
17,252
7,088
427,489
874,829

617
973
297

670
1,011

752
1,146
710

1,560
997

396,343

397,590

421,452

430,715

7,537
9,909
4,863
1,210

7,537
9,947
4,822
1,309

7,937
10,672
4,948
1,272

7,987
11,088
3,867
1,304

42

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..

889,712
54,7U

CAPITAL ACCOUNTS

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

23,519

23,615

24,829

24,246

419,862

421,205

446,281

454,961

65, 789

68,077

67,019

66,581

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. SI, 1950—Continued
SOOTH DAKOTA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

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
.1.
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

.

..

74,241
118,041
11,223
7,507

74,160
112,537
4
10,806
7,174

74,467
117,075
11,610
7,369

78,599
117,108
4
11,417
7,078

292

24,962
3,550

292
26,972
3,486

301
26,464
3,406

304
27,738
3,440

19,791
1,426
849
238

27,667
1,549
842
383

32,451
1,670
772

29,660
1,701
785
511

262,120

265,872

276,021

278,345

157,099

157,096

171,805

174,621

48,983
2
5,910
25,447
7,058
2,001

48,600
2
6,482
27,526
8,431

47,936
2
5,182
22,016
10,742
2,147
259,8S0
210, U0

48,254
2
4,745
22,646
10,444
1,759
262,471
212,466
50,005

LIABILITIES

Demand deposits of individuals, partnerships, and
corporations
...
Time deposits of individuals, partnerships, and corporations
_
Postal savings deposits
...
Deposits of U. S. Government
I..
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
-_.L
Expenses accrued and unpaid
..Other liabilities
—
Total liabilities

246,500
195,619
50,881

2,394
250,5S1
200,020
50,511

650
28

27

599
768
66

851
95

956
73

248,507

251,992

261,473

264,157

3,663
6,110
3,123
717

3,663
6,155
3,261
801

3,668
6,355
3,724
801

6,282
3,226
737

28
525
756

CAPITAL ACCOUNTS

Capital stock: Common stock
Surplus
Undivided profits...
Reserves

_-.
--

Total capital accounts
Total liabilities and capital accounts

13,613

14,548

14,188

262,120

276,021

278,345

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




41,501

40,684

40,495

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. 81, 1950— Continued
TENNESSEE
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

72 banks

72 banks

72 banks

72 banks

ASSETS

Loans and discounts (including overdrafts)
U. S. Government securities, direct obligations
Obligations guaranteed b y 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

_

454,417
516,316
78,088
21,952

450,274
516,109
6
81,425
14,920

527,332
457,493
6
78,392
16,052

595,765
454,943
6
78,810
14,501

2,579
167,455
23,456

2,589
162,350
20,046

2,608
167,322
21,866

2,491
181,543
24,209

158,799
13,751
154

179,758
13, 562
147

177,719
13,884
145

236,606
14,081
138

52
152
1,769
928

47
29
1,961
977

46
269
1,341

41
310
1,681
651

1,439,868

1,444,200

1,465,244

1,605,776

684,760

699,382

723,996

769,976

290,383
151
20,198
128,839
209, 509
10,828
1, SU, 668
1,041,628
SOS, lJfi

290,865
148
23,125
127,687
193,804
12,740
1,847,751
1,044,447
SOS, 304

285,261
153
20,179
114,356
199,172
11,842
1,554,959
1,056,554
298,405
10,000

25

152
3,935
2,565

29
4,190
2,70.5
4&

269
4,683
3,231
335

310
4,419
3,589
638

1,351,706

1,355,124

1,373,477

365

125
27,226
27,551
43,863
17,065
3,488

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 liabilitiesTotal liabilities..

284,167
159
21,800
104,680
311,134
12,636
1,504,652
1,205,782
298,770

1, 513, 533

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.

365
26,836
27, 201
42,845
14,840
3,276

27,201
43,313
15,258
3,304

125
28,376
28,501
44,481
15,753
3,508

88,162

89,076

91,767

92,243

1,439,868

1,444,200

1,465,244

1,605,776

155,547

160,604

168,092

153,619

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_




86

REPORT OF THE COMPTROLLER OF THE CURRENICT

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950—Continued
TEXAS
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

441 banks

441 banks

442 banks

442 banks

1,752,400
1,889,308
205,310
43,328

1,767,721
1,913,680
3
209,342
47,731

1,892,381
1,843,711
3
223,603
57, 705

2,071,460
1,891,786
3
227,491
58,307

7,821
665,017
72,794

7,970
693,316
63,206

8,163
672,515
76,728

8,164
756,230
75,816

873,508
50,297
6,099

1,018,707
51,074
5,803

916,943
53,631
6,215

1,290,678
53,706
5,734

7,050
4,470
4,436
2,938

7,121
6,521
5,101
2,329

5,806
12,616
4,680
2,773

6,967
13,101
5,313
2,519

5,584,776

5,799,625

5,777,473

6,467,275

3,489,952

3,579,491

3,646,726

3,893, 728

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..
__
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
..._
...

439,604
444,259
434,626
365
365
365
76,475
73, 220
490, 555
490,014
452,817
770,462
679,809
723,736
55,242
54,134
55,114
5,280,358 5,429,342 5,886,604
4,681,260 4,868,274 4,886,750
561,068
549,093
549,854
2,060

442,052
395
88,573
506,125
1,011,124
134,009
6,076,006
5,538,426
542,580

200

4,575
3,235
12,942

6,763
3,749
13, 545
2,129

13,053
4,372
16,195
526

13,705
4,169
17,143
1,760

5,253,861

5,455,528

5,420,950

6,112,783

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

_

200
121,703
121,908
131,371
62,213
15,428

200
128,788
128,988
137,114
59,854
18,141

200
129,678
129,878
138,289
70,329
18,027

200
130,743
180,948
142,166
60,930
20,453

330,915

344,097

356,523

354,492

5,584,776

5,799,625

5,777,473

.,467,275

790,491

817,837

813,491

821,035

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_
_




REPORT OF THE COMPTROLLER OF THE CURRENCY

87

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 81, 1950—Continued
UTAH*
(In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

11 banks

11 banks

11 banks

11 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.. _
Investments and other assets indirectly representing
bank premises or other real estate. _
.__
Income earned or accrued but not collected
Other assets
Total assets

100,971
117,432
6,296
1,114

106,167
113,559
3
6,176
1,013

117,183
104,596
3
8,713
878

118,320
110,415
3
7,258
878

340
38,605
3,035

340
37,430
2,924

340
44,829
2,991

339
44,088
3,098

20,926
2,365

21,319
2,419

2,590

32,281
2,667

740
36
800

740
9
212

740
76

780
43
204

292,660

292,311

310,028

320,374

153,836

155,952

171,326

165,194

69,480
20
3,351
24,033
22, 583
1,409
£74,712
204,628
70,089

69,313
1,020
3,831
20,990
20,290
2,606
274,002
203,080
70,922

67,636
1,020
20,492
23,634
1,986
288,992
219,747
69,245

68,196
1,020
3, 666
29,637
30,611
2,466
800,790
280,986

907
175

833
1,107
246

1,500
1,078
1,289
447

1,042
1,530
198

276,487

276,188

293,306

303,560

5,200
5,675
4,039
1,259

5,200
5,684
3,985
1,254

5,200
5,694
4,559
1,269

5,200
5,756
4,602
1,256

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 b u t not earned
Expenses accrued and unpaid
__.
Other liabilities
Total liabilities.
CAPITAL ACCOUNTS

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

16,173

16,123

16,722

16,814

292,660

292,311

310,028

320,374

6,502

6,436

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_




7,436

88

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, 1950— Continued
VERMONT
[In thousands of dollars]
Apr. 24,
1950

June 30,

Oct. 4,

Dec. 30,

1960

1950

1950

39 banks

39 banks

39 banks

39 banks

52,812

55,032
48,043
27

6,590
4,157

54,568
44,649
36
7,371
3,882

4,027

54,297
49,473
27
6,232
4,005

316
11,127
2,458

318
12,450
2,203

318
14,075
2,917

318
14,076
2,525

11,228
1,502
19

11,517
1,488
20

12,282
1,508
14

14,027
1,501
35

23
133
114

23
156
84

23
125
93

23
161
72

135,519

138, 765

145,365

146, 772

50,285

51,867

56,382

57,633

62,642
3
1,598
3,260
1,001
1,433
120,222
56,891
63, $31

62,959
3
1,785
3,951
1,034
1,562
123,161
59,523
63,638

63,072
3
1,753
5,416
974
1,920
129,520
65,797
63,723

62,954
3
2,288
4,782
1,184
2,274
131,118
67,504
63,614

504
127
355

100
548
216
458

586
147
407

513
208
430

121,208

124,483

130,660

132, 269

4,753
4,893
3,344
1,321

4,753
4,966
3,209
1,354

4,753
4,998
3,596
1,358

4,753
5,128
3,520
1,102

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

,

45,040

LIABILITIES

Demand deposits of individuals, partnerships, and
corporations
._
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
_
Deposits of U. S. Government
..
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
_
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money
Income collected but not earned
Expenses accrued and unpaid...
Other liabilities
Total liabilities..
CAPITAL ACCOUNTS

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

14,311

14,282

14,705

14,503

135,519

138, 765

145,365

146, 772

5,085

5,394

5,356

5,393

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OP THE COMPTROLLER OF THE CURRENCY

89

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec, 31, I960—Continued
VIRGINIA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

132 banks

132 banks

132 banks

132 banks

374,815
464,188
34,269
17,965

384,490
443,436
17
36,159
17,636

407,444
445,446
21
39, 710
19,654

420,268
441,842
21
41,055
21,844

2,021
109,219
25, 778

2,027
108,072
20,825

2,033
121,337
26,102

2,071
138, 788
24,518

111, 454
11,396
184

132,209
11,463
178

149,310
11,850
131

156,438
11,772
122

715
107
1,273
1,269

722
86
1,206
1,321

736
175
1,007
1,353

684
163
1,136
1,287

1,154,653

1,159,847

1,226,309

1,262,009

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
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

548,276

553,098

607, 819

311, 511
15
41,098
77,167
71,479
10,666
1,060,212
720,823
339,889

312,499
115
37,413
71,643
76,321
13,849

315,044
115
30,159
63,333
96,406
15,652
1,128,528
783,874
844,654

723,464
34U474

587,252
313,382
120
32,845
77,033
132, 783
21, 222
1,164,687
821,087
343,550

1,155

780

100

1,852
2,608
876

175
2,036
3,201
80

163
1,916
3,265
1,014

1,065,791

1,071,515

1,134,800

1,171,095

25
27,683
27,708
37,936
18,626

25
27, 701
27,726
38,463
17,470
4,673

25
27,801
27,826
38, 795
19,984
4,904

25
27,801
27,826
40,592
17,391
5,105

575
107
1,665
3,144

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

_.

88,862

88,332

91,509

90,914

1,154,653

1,159,847

1,226,309

1,262,009

184,073

175,956

174,832

179,548

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




90

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, 1950—Continued
VIRGIN ISLANDS OF THE UNITED STATES
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

lbank

lbank

lbank

lbank

ASSETS

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..

_

-

1,213
2,769

1,214
2,769

1,318
2,568

20
477
241

10
376
241

10
518
209

33
12
4
38

30
40
35
6

33
43
7
10

25
11
35
5

4,730

4,831

4,703

4,699

1,166
2,720 f
20
396
341

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
_
Tncfvmft (»nllp.ct-fid b n t not. ftampcl

Expenses accrued and unpaid
Other liabilities
Total liabilities

_

1 263

1,437

1 328

1 283

2,006

1,990

1,931

1,934

236
769
25
15
4,814
2,288
2,081

242
682
35
11
4,897
2,880
2,067

242
738
12
7
4,258
2,258
2,005

233
816
6
8
4,280
2,272
2,008

7
6
5

7
12
5

6
9
13

7
19
7

4,332

4,421

4,286

4,313

100
50
150
75
53
120

100
50
150
75
52
133

100
50
150
75
61
131

100
50
150
100
39
97

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

398

410

417

386

4,730

4,831

4,703

4,699

320

320

320

320

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_- - -




REPORT OF THE COMPTROLLER OF THE CURRENCY

91

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1950—Continued
WASHINGTON
Lin thousands of dollars]

Loans and discounts (including overdrafts). _ _
U. S. Government securities, direct obligations.
Obligations guaranteed by TJ. S. Government
Obligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and
fixtures.
_.
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Income earned or accrued but not collected
Other assets
—
Total assets .

Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

37 banks

36 banks

36 banks

36 banks

512,392
660,350
126,006
27,931

525,190
645,097

622,068
583,728

624,987
585,920

140,484
32,315

147,518
39,876

140,603

2,021
188,883
24,870

2,008
196,042
19,431

2,091
200,656
25,408

2,149
206,649
25,875

154,951
12,044
315

163,369
12,271
472

173,420
12,887
534

208,110
14,124
442

505
135
4,591
755

554
207
3,498
666

554
193
3,534
797

475
313
3,292
670

1,715,749

1,741,604

1,813,264

1,853,497

928,988

936,428

1,007,434

1,061,263

441,133
12
41,381
111, 265
68,372
13,177
1,604,828
1,157,080
447,248

442, 950
9
49,738
115,458
71,144
16, 515
1,682,242
1,183,180
449,062

432,295
9
35,097
114, 546
85,692
18,618
1,693,691
1,256,434
487,257

437,107
9
35,318
106,076
80,648
17,209
1,787,680
1,295,811
441,819

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-

3,500

1,500

116
166
4,102
4,329
514

210
4,350
3,304
518

329
5,029
4,396

333
4,482
3,992
417

1,614,939

1,640,624

1,707,405

1,746,970

28,820
38,548
21,279
12,163

28,870
38,341
21,544
12,225

29,685
40,113

30,685
41,306
21,897
12,639

100,810

100,980

105,859

106,527

1,715,749

1,741,604

1,813,264

1,853,497

295,053

318,541

312,745

312,925

CAPITAL ACCOUNTS

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

_

._

Total liabilities and capital accounts

12,378

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes.




92

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year ended
Des. 31, 1960—Continued
WEST VIRGINIA
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

74 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. _
Customers' liability on acceptances outstanding
Income earned or accrued but not collected.
Other assets
Total assets

_

134,633
247,473

138,887
249,894

145,349
243,643

145,219
238,723

16,119
7,905

16,151
7,853

16,961
7,461

17,088
7,462

14, 521

52,102
11,181

997
52,120
12,957

1,001
56,765
13,259

54,712
4,616
218

59,092
4,530
239

56,884
4,603
227

72,381
4,704
170

50
16
158
523

16
246
472

70
32
142
620

235
558

530,139

541,685

542,066

557,565

277,309

281,325

288,542

282,885

133,829
25
10,004
37,970
23,310
4,827
487,874
851,675
185,599

133,686
25
12,284
40,810
24, 772
5,828
498,780
863,276
185,454

131,289
25
9,258
38,083
24,599
5,858
497,654
864,709
182,945

126,620
30
13,043
44,587
31,201
15,660
614,026
885,829
128,197

955
48,240

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

..-

—

1,256

900

28

28

16
455
914
116

16
416
1,021
330

32
424
1,000
126

360
1,121
369

490,059

501,441

499,964

515,904

12,810
18,597
6,852
1,821

12,835
18,998
6,563
1,848

12,835
20,047
7,330
1,890

12,835
20,903
5,905
2,018

700
28

CAPITAL ACCOUNTS

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

40,080

40,244

42,102

41,661

530,139

541,685

542,066

557,565

69,250

70,689

72,244

71,188

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

93

Assets and liabilities of national banks, by States, at date of each call during year ended
Dec. 31, 1950— Continued
WISCONSIN
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

95 banks

95 banks

95 banks

95 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

284,341

52,118
53,016

322,279
739,542
32
57,114
57, 247

344,644
722,087
45
60,846
58,423

1,836
139,879
18,827

1,837
143,754
16,674

1,876
142,185
20,033

1,900
150,125
18, 238

142,188
8,999
1

144,118
9,052
1

156,437
9,093
1

228,803

35
157
3,317
1,792

162
3,411
1,690

2,433
2,208

1,479,765

1,510,491

1, 510,569

778,557
50, 742
49,094

298,294
786,364

1
130
3,399
1,600, 230

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

654,638

677,353

702,046

767,261

486,044
34
46,116
76, 218
101,890
17, 743
1,882,683
890,493
492,190

482,090
32
55,360
79,189
102,365
17,083
1,413,472
925,811
488,161

475,379
32
42,383
66,362
109,004
15,649
1,410,855
929,465
481,390

473, 225
41
43,951
61,324
129,918
24,304
1,600,024
1,020,188

157
1,530
3,533
114

162
1,614
3,192
296

1,816
3,718
140

130
1,657
3,405
795

1,388,117

1,418, 736

1,416,615

1,506,011

100

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
27,355
27,405
33,610
24,387
6,246

50
27,355
27,405
33,677
24,567
6,106

50
27,355
27,405
34,101
26,543
5,905

50
27,705
27,755
34,752
26,199
5,513

91,648

91, 755

93,954

94, 219

1,479,765

1,510,491

1,510,569

1,600, 230

120,619

133,546

135,419

134,084

MEMORANDUM
Assets pledged or assigned to secure liabilities and for
other purposes

948358—51-




94

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, 1950—Continued
WYOMING
[In thousands of dollars]
Apr. 24,
1950

June 30,
1950

Oct. 4,
1950

Dec. 30,
1950

24 banks

24 banks

24 banks

24 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
B ank prem ises owned, furniture and fixtures
Real estate owned other than bank premises
__.
Income earned or accrued but not collected
Other assets
Total assets.

78,635

46,854
77,985

51,753
73,733

51,062
82,744

6,568
1,594

6,357
1,616

6,768
1,605

7,031
1,936

210
17,065
3,321

216
17,637
3,476

217
18,511
3,254

219
19, 502
3,210

22, 758
1,021
28
131
53

22,480
1,030

32, 551
1,060

181
57

26, 281
1,101
1
161
63

177,645

177,889

183,448

199,514

102,403

102,471

111, 943

116,392

18
2,942
20,377
9,343
1,387
167,164
135,934
31,230

30,393
18
3,412
20,695
7,5P8
2,723
167, 280
136,367
30,913

29, 740
18
2,885
15,833
9,505
1,9P3
171,891
14U631
SO, 260

29,957
18
2,394
24, 719
11,807
3,125
188,412
158,035
30,377

212
2

370
256
40

500
481
251
17

435
255
55

167, 7P0

167, 946

173,140

189,157

2,305
4,660
2,410
450

2,385
4,8^1
2,334
3:3

2,385
4,861
2,723
339

2,385
5,095
2,402
475

46,261

162
37

LIABILITIES
D e m a n d 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 stockSurplus
_
Undivided profits
Reserves
_
Total capital accounts
Total liabilities and capital accounts

9,885
177, P45

9,943
177,8

10,308

10,357

183, 448

199,514

31,050

34,508

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
_
__.




32,290

32,704

TABLE NO. 14.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1950
[In thousands of dollars]
Earnings from current operations
Num- Interest and dividends
ber
on securities
of
banks 1
U.S.
Other
Government securities
obligations

Location

Maine
New Hampshire—
Vermont
Massachusetts
Rhode Island _
Connecticut

. .
.

__ _
....

Total New England States

_

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

- . .

Total Eastern States
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




.

_

__

32
51
39
116
7
47

1,914
1,196
861
21,315
1,864
5,263

381
302
213
3,300
210
1,175

Interest
and
discount
on loans

3,688
3,623
2,991
35, 050
2,843
9,250

Service
charges
and other
fees on
banks'
loans
10
11
19
433
8
61

Other service
charges, comService
missions,
Trust
charges
and
departon deposit fees,
collection
accounts and exchange ment
charges

Other
current
earnings

301
110
76
2,603
175
1,960

210
288
146
5,688
128
1,072

395
635
278
4,336
339
1,583

102
124
73
2,142
39
318

Total
earnings
from
current
operations
7,001
6,289
4,657
74,867
5,606
20,682

292

32,413

5,581

57, 445

542

7,566

2,798

5,225

7,532

119,102

376
205
627
13
61
9

78, 723
20, 944
57,187
345
6,211
5,398

22,323
4,931
17, 632
72
671
435

128,056
28,876
80,339
692
6,336
6,488

2 386
198
711
3
37
24

11,906
4,258
6,400
31
758
1,031

4,703
749
2,552
16
196
184

10,120
1,651
6,909
12
417
525

23,703
2,138
7,835
14
661
441

281,920
63,745
179,565
1,185
15,287
14, 526

1,291

168,808

46,064

250, 787

3,359

24,384

8,400

19,634

34,792

556,228

132
74
46
25
51
62
70
24
36
442
52
92
72

7,634
4,283
2 881
2,840
4 439
9,835
5,243
1,371
8,537
29, 864
2,735
4,455
8,268

1,340
488
501
433
1 154
1,893
1 803
659
1,654
6,332
1,050
876
2,351

19,016
8,021
7,265
5,430
16,571
11,982
15,371
2,826
12,539
84,189
5,648
8,778
22,676

118
89
110
9
161
27
333
5
31
1,028
23
120
158

1,582
653
979
894
1,842
2,939
1 473
416
1,619
5,907
728
748
1,292

563
253
515
697
1,813
1,178
1,034
497
1,020
3,481
604
163
1,447

1,574
356
374
319
918
1,048
790
49
408
2,571
167
240
994

1,084
692
577
240
1,041
2,390
1,291
• 193
1,988
8,870
571
534
1,451

32,911
14,835
13,202
10,862
27,939
31,292
27,338
6,016
27, 796
142, 242
11,526
15,914
38,637

1,178

92, 385

20,534

220,312

2,212

21,072

13,265

9,808

20,922

400,510

241
125
384
78
95
178

26,685
13 663
69,107
21,389
12, 659
14,026

4,508
2 021
12,818
3 444
2,158
3,213

41,217
17 676
75,102
32, 701
11,950
25,916

369
221
2,075
513
134
279

4,257
2,083
9,241
3,045
1,616
2,893

1,407
609
2,513
1,353
557
2,300

3,844
789
10,497
1,814
637
2,097

5,013
2,135
10,108
2,123
1,705
2,212

87,300
39,197
191,461
66,382
31,416
52,936

TABLE NO. 14.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1950—Continued

CO

[In thousands of dollars]
Earnings from current operations

Location

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
u
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
banks1

Interest and dividends
on securities
U. S.
Government
obligations

Other
securities

97
79
1,277
41
35
124
174
39
24
77
26
199

5,093
9,881
172,503

1,281
2,430

739
36
20
93
13
11
5
3

35, 563
10,178
8,761
60,693
2,915
1,956
1,120
1,438

2,267
1,806
6,191
5,860
2,464
1,201
6,083
1,382
8,309

181

87,061

4,958

588, 733
349
1,410
41
1,800

5
1
1
7
4,965
6
10
224
4,718

7

590,533
58,495
39,519
232, 772
257,947
1,800

31,873
267
347
1,176
1,285
272
178
910
167
1,973
6,575

Interest
and
discount
on loans

8,964
19,715
233,241
2,982
3,985
10,590
11,057
3,168
2,684
10,306
4,801
21,012

Service
charges
and other
fees on
banks'
loans

Service
charges
on deposit
accounts

33
126
3,750
50
37
47
73
61
74
79
285
76
782

1,204
1,238
25,577
602
600
1,478
1,521
599
372
1,765
373
2,336

3,943
2,448
14,178
195
156
163
383

70,585
26,933
18, 215
200, 908
5,893
5,206
2,319
8,017

348
172
5,771
109
327
66
311

4,235
2,651
21, 771
702
536
175
901

21,466
132,093

267, 491
1,099,861

7,104
17, 749

30,971
119,216

13
223
1

636
2,792
71
3,499
1,103,360

237
132,330
17,864
7,399
51,650
55,180
237

81,119
40,177
494,083
484,482
3,499

9,646

Other service
charges, commissions,
fees, and
collection
and exchange
charges

Trust
department

Other
current
earnings

529
415
9,683

346
1,129
21,153

705
1,021

533
487
537
437
239
167
363
183
727
3,673
1,104
693
5,226
177
185
58
230

53
41
352
324
27
78
680
121
393
2,069
1,196
677
9,675
72
117
134
318
70,078
14

38

47
339
2

7,673
45,492
329
186
62

38
17, 787
1,466
929
10,662
4,692
38

388
119, 604

577
46,069

5,380
1,508
50,259
62,069
388

2,901
696
18,022
23,873
577

12,189

Total
earnings
from
current
operations

25,022

18,155
35,955
522,802

250
304
1,239
1,212
411
227
728
320
2,340
7,031

7,004
7,607
21,610
21, 769
7,241
4,981
20,914
7,632
37,166
135,924

1,460
1,167
12,841
318
409
212
1,018

49,397
34,784
331,063
10,381
8,892
4,247
12, 616
451,380

17,425
112,724
51
162
1

2,185,946
1,477
5,112
178

14

214

70,092
9,016
9,008
32, 772
19,282
14

112,938

6,767
2,192, 713

21,408
6,510
45,630
39,176
214

197,649
105,746
935,850
946,701
6,767

^Number of banks as of end of year, butfiguresof 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, 1950—Continued
[In thousands of dollars]
Current operating expenses

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
_.
Maryland
District of Columbia
Total Eastern States _
Virginia
West Virginia .__
.
North Carolina
South Carolina
__ ._ _
Georgia. _ _
Florida
Alabama _ _ __ _
Mississippi
Louisiana. _ _.
Texas
Arkansas
„
Kentucky
Tennessee
Total Southern States
Ohio.
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri..
_
Total Middle Western States




Fees paid
Salaries and wages
to directors Interest
and mem- on time
bers of
deposits
Employees other executive, (including
Officers
than officers
discount
savings
and
deposits)
advisory
1
Amount Number Amount N u m b e r 2 committees
876
888
566
7,592
516
2,683
13,121
25,396
6,895
17, 763
170
1,573
1,606
53,403
3,879
1,693
1,677
1,299
3,028
3,317
3,042
915
2,822
18, 004
1,687
2,134
3.916
47, 413
8,891
4,202
18, 650
6,010
3,573
6,577
2,675
3,838
54, 416

162
186
130
972
81
367
1,898
2,941
1,133
2,915
45
276
185
7,495
721
310
269
217
448
526
473
154
352
2,803
277
458
621
7,629
1,416
729
2,443
650
523
1,032
447
580
7,820

1,222
1,085
778
15, 464
925
4,549
24, 023
62,101
11,998
32, 521
157
2,626
3,016
112, 419
5,247
2,238
2,315
1,989
5,306
6,246
4,680
1,061
5,641
23, 078
1,794
2,524
6,653
68, 772
14, 648
6,826
36,166
14,369
6,818
10,808
3,045
7,043
99, 723

560
529
361
6,858
532
2,028
10. 868
23, 534
5,482
13, 428
83
1,188
1,203
44, 918
2,472
954
1,041
977
2,361
2,770
2,092
483
2,440
10,124
851
1,329
3,086
30, 980
6,275
3,217
13, 992
5,622
2,878
4,685
1,376
3,129
41,174

89
84
71
420
45
143
852
1,202
774
1,743
21
169
106
4,015
289
146
76
57
169
153
133
62
185
772
130
149
143
2,464
605
254
878
263
196
288
115
179
2,778

875
533
988
4,027
274
1,604
8,301
15, 354
8,502
17, 963
148
1,586
680
44, 233
3,792
1,453
823
460
1,399
1,708
1,830
413
1,936
4,631
478
860
3,182
22, 965
8,451
3,987
17, 708
6,981
3,783
4,862
1,334
1,932
49, 038

Interest
and discount on
borrowed
money
11
4
1
90
2
19
127

Taxes
other
than on
net
income

8
25
2
21
8.1
233

265
190
86
2,130
94
528
3,293
6,504
2,523
6,026
33
733
570
16, 389
1,156
369
335
98
1,481
842
301
307
1,669
8,418
390
710
1,766
17, 842

51
3
277
30
22
95
1
20
499

6,367
2,300
6,153
2,100
561
717
442
659
19, 299

461
43
122
47
2
675
16
16
10
3
16
25
10

Recurring
depreciation on
banking
house,
furniture
and
fixtures
46
137
87
1,468
49
475
2,262
2.947
1)635
2,983
28
236
240
7,969
640
332
291
207
438
894
469
85
510
2,284
169
305
540
7,164
1,510
669
2,353
937
570
826
258
554
7,677

Other
current
operating
expenses

Total
current
operating
expenses

1,231
1.237
843
15,338
1.048
4,011
23, 708

4,615
4,158
3,420
46, 529
2,953
14, 012
75, 687
169, 940
43, 495
108, 013
715
9,532
8,750
340, 445
19, 872
8,600
7,937
6,266
18,338
19, 500
15,102
4,051
17, 981
82, 210
6,681
9,274
22, 923
238, 735

55, 975
11, 225
28, 892
158
2,562
2,530
101, 342
4,853
2,353
2,410
2,153
6,501
6,315
4,637
1,208
5. 210
24. 998
2,031
2,571
6,642
71, 882
14, 653
6,758
34, 527
10, 723
5,866
9,708
3,428
6,541
92, 204

55,176
24, 999
116, 712
41,413
21,389
33, 881
11, 298
20, 766
325. 634

Net
earnings
from
current
operations

2,386
2,131
1,237
28, 338
2,653
6,670
43, 415
111, 980
20, 250
71, 552
470
5,755
5,776
215, 783
13, 039
6,235
5,265
4,596
9,601
11, 792
12, 236
1,965
9,815
60, 032
4,845
6,640
15, 714
161, 775
32,124
14,198
74, 749
24, 969
10, 027
19, 055
6,857
15,189
197.168

TABLE N O . 14.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31,

1950—Continued

CO
OO

[In thousands of dollars]
•

Location

North Dakota
__
South Dakota
Nebraska
_
_____
Kansas
Montana __
_ __
Wyoming.
_
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
. .
Nevada
Arizona
Total Pacific States
Total United States (exclusive
of possessions)
Alaska (nonmember banks)
The Territory of Hawaii (nonmember
bank) . _
Virgin Islands of the United States
(nonmember bank)
Total possessions (nonmember
banks)
_
Total United States and possessions
New York City (central Reserve city).
Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks)
Possessions (nonmember banks)

911
1,162
3,277
3,486
925
751
2,554
944
5,222
19. 232
5,652
4,104
28, 200
1,381
821
457
1,396
42,011

172
228
557
703
166
131
422
153
968
3,500
656
3,868
196
117
77
202
5,921

1,101
1,245
3,618
3,142
1,273
840
3,850
1,472
5,884
22,425
11,192
8,123
65, 988
1,877
1,592
839
3,142
92, 753

557
617
1,712
1,524
597
339
1,707
630
2,719
10, 402
4,337
3,269
22, 937
804
672
355
1,373
33,747

41
26
181
189
31
46
171
32
166
883
157
55
444
32
47
7
26
768

644
501
814
742
347
251
1,408
299
879
5,885
4,282
3,572
47, 802
1,090
1,052
634
604
59, 036

229, 596
148

34, 263
30

420,115
360

172, 089
144

11, 760
3

189, 458
60

562

58

1,225

354

11

824

25

3

41

22

1

32
916
190,374
5,977
8,482
82, 609
92, 390
916

735

91

1,626

520

15

230,331
14, 961
7,564
82, 926
124,145
735

34,354
1,130
574
9,679
22,880
91

421, 741
46, 258
20, 357
194, 061
159, 439
1,626

172, 609
16, 520
7,065
74,855
73, 649
520

11,775
330
135
2,126
9,169
15

1 Number at end of period.
2 Number of full-time and part-time employees at end of period.




Current operating expenses

Fees paid
Salaries and wages
to directors Interest
and memon time
bers of
deposits
Employees other
executive, (including
Officers
than officers
discount
savings
and
deposits)
advisory
Amount Number» Amount Number» committees

Interest
and discount on
borrowed
money

2
44
7
3
2
10
1
22
91
14
19
74
8
7
122
1,747

1,747
340
252
798
357

Recurring
depreciation on
banking
house,
furniture
and
fixtures

Other
current
operating
expenses

Total
current
operating
expenses

141
121
714
585
475
162
325
180
495
3,198
835
543
12,137
154
104
182
289
14, 244

110
140
306
248
155
121
245
141
710
2,176
1,016
795
3,802
218
139
66
183
6,219

1,208
1,453
4,331
4,041
1,406
747
3,327
1,370
6,708
24, 591
8,699
5,134
38, 335
1,582
1,446
522
2,756
58, 474

4.156
4,650
13,285
12,440
4,615
2,920
11,890
4,439
20, 086
78,481
31,847
22,345
196, 782
6,342
5,208
2,707
8,396
273, 627

2,848
2,957
8,325
9,329
2,626
2,061
9,024
3,193
17, 080
57,443
17, 550
12, 439
134, 281
4,039
3,684
1,540
4,220
177, 753

74, 265
19

33, 467
49

372,201
215

1,332,609
854

853,337
623

132

102

630

3,486

1,626

1

19

119

59

151

152

864

4,459

2,308

74, 416
4,602
3, 492
34, 825
31,346
151

33, 619
1,240
868
12, 722
18, 637
152

373, 065
39,376
18, 740
152, 403
161, 682
864

1,337, 068
113, 084
59,890
562, 470
597,165
4,459

855, 645
84, 565
45, 856
373,380
349, 636
2,308

Taxes
other
than on
net
income

Net
earnings
from
current
operations

TABLE N O . 14.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1950—Continued
[In thousands of dollars]
Recoveries, transfers from valuation reserves, and profits 1
On securities

On loans

Location
Transfers
from
Recoveries valuation
reserves
Maine
New Hampshire
Vermont
Massachusetts—
Rhode Island
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
_
...
West Virginia
North Carolina..South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Ohio
Indiana
Illinois
Michigan...
Wisconsin
-_Minnesota—
Iowa
Missouri
Total Middle Western States..




71
127
13
170
1
35
1,424
1,540
212
962

8,603
275
13,228
30

2,813

22,136

104
24
27
52
178
7
48
1
545
28
45
570
220
109
765
43
93
204
25
816
2,275

365
430
27
303
1,178

189
1,257
731
104

2,281

Transfers
Profits on
securities Recovfrom
sold or
eries
valuation
redeemed
reserves
81
47
48
1,956
59
266
2, 457"
9,098
1,678
29, 574
12
153
54
40, 569
300
103
117
42
205
711
200
12
272

97
59
91
964
18
154
1,383
1,898
804
1,448
4
115
133
4, 402~

294
951
3,971

148
184
37
11
147
196
189
28
363
1,732
124
60
203
3,422

794
386
5,239
745
531
299
143
577
8. 714

286
351
1,343
129
93
701
67
204
3,174

27
74
1,492
143
1,742
4,870
45
445
112
2
5,474

352
12
188
1
638

678
1
3,173
1,128
41
14
70
31
5,136"

All
other

Losses, charge-offs, and transfers to valuation reserves2

Total
recoveries,
transfers
from
valuation
reserves,
and profits

42
33
877
9
93
1,140
2,083
500
1,152
2
29
207
3,973
281
293
71
137
59
599
440
101
156
2,325
145
66
516
5,189

79, 367
874
604
276
190
466
1,734
848
189
1,165
6,050
434
653
2,544
16,027

341
1,289
6,101
409
600
263
136
146
9,285

2,508
3,393
17, 352
2,558
1,358
1,481
441
_ 1 , 774
30.865

302
259
6,845
230
643
8, 617"
28, 092
3,514
18
538

On securities

On loans

Losses Transfers Losses Transfers
to
to
and
and
charge- valuation charge- valuation
reserves
reserves
offs
ofls
138
139
51
1,119
8
62
1, 517
1,939
915
2,595
8
169
100
5, 726
339
231
91
70
110
335
102
128
218
2,028
225
212
1,695^

"57784"
724
434
2,390
922
474
221
272
_l,008_
6, 445

5
130
2,318
108
~2T561~
2,040
299
26, 219
10
28, 568

60

240
196
8
169
370
1, 060'
324
1,246
2,166
531
57
4,690

All
other

55
133
71
197
16
19
491
731
509
1,173
5
72
4
2,494

20, 494
2,319
11, 734
26
460
429
35, 462

103
77
15
2,350
79
564
3,188
1,779
684
3,008
27
252
161
5,911

171
167
27
11
49
123
403
25
78
1,883
178
105
121
3,341
237
135
639
161
91
685
46
317_
2,311

934
410
635
438
1,082
422
1,710
343
677
7,453
182
951
1,607
16, 844
4,476
1,479
13,885
5,062
858
1,899
854
1,302
29,815

313
106
127
92
615
366
546
158
547
2,497
130
210
1,027
6,734
931
2,091
3,747
596
250
412
202
295
8,524

281
226
4,808
354
1,121

Total
losses,
charge-ofls,
and transfers to
valuation
reserves
400
760
363
10, 792
457
1,874
14, 646
26, 983
4,726
44, 729
66
963
694
78,161
1,817
914
880
615
1,856
1,259
2,761
654
1,760
14,057
723
1,647
4,820
33,763
6,692
5,385
22, 827
7,272
1,673
3,274
1,374
3,288
51. 785

TABLE N O . 14.—Earnings, expenses, and dividends of national banks for the year ended Dec. 81, 1950—Continued
[La thousands of dollars]
Recoveries, transfers from valuation reserves5, and
On loans

On securities

Total
recoveries,
transfers
from
valuation
reserves,
and profits

and
chargeoffs

24
28
149
214
63
27
101
82
177
865

124
96
2,315
850
752
111
968
347
1,040
6,603

42
41
410
211
270
53
417
23
295
1,762

1,065
1,273
8,584
254
311
69
479
12, 035

423
668
1,496
57
43
2
82
2,771

1,324

162

562
95
4,219
18
3
8
15
4,920

13,333

24, 005

Location
Transfers
from
Recovvaluation
eries
reserves
North Dakota
South Dakota
Nebraska
Kansas
Montana
"W"vominEr

^

Colorado
___ . _
New Mexico
Oklahoma
Total Western States
Washington. _
Oregon
California
Idaho
_.
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive
of possessions)
_
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States
(nonmember bank)
Total possessions (nonmember
banks)
Total United States and possessions
New York (central Reserve city)
Chicago (central Reserve city)
_ _
Other Reserve cities
Country banks (member banks)
Possessions (nonmember banks)
1

10
13
54
122
297
2
341
121
960

Profits on
securities
sold or
redeemed

38
1,190
108
15
1,351

1,522

300
629

364
980
1,833
118
194
14
136
3,639

9,670

28, 999

60, 920

18
66
1,342
89

329

7

27

Transfers
Recovfrom
eries valuation
reserves
28
24
180
185
246
56
338
248
371
1,676
114
130
768
15
107
1
28
1,163
15, 220

5
26
56
10
24
7
53
181
7
2
93
14
46

9,670
1,150
395
4,306
3,819

28, 999
8,585
580
17, 523
2,311

All

other

On securities
Losses

25,372

153, 514

38

2

40

143

3

173

4

1

5

1

6

218

5

25, 378

153, 732

24, 010

957
5,325
11, 392
7,698
6

23,878
14, 094
77, 028
38, 514
218

1,243
844
9,576
12, 342
5

4

Not including recoveries credited to valuation reserves.
Not including losses charged to valuation reserves.


2

19
31
716
273
28
26
149
10
318
1,570

Losses, charge-offs, and transfers to valuation reserves 2

profits *

31

181

60, 951

15, 401

7,644
4,225
36,112
12, 939
31

940
645
4,330
9,305
181

13, 333
4,602
2,924
3,365
2,442

Transfers
to
valuation
reserves
7
25
343
11
944

On loans
Losses
and
chargeoffs

Transfers
to
valuation
reserves

All
other

Total
losses,
charge-offs,
and transfers to
valuation
reserves

31
39
98
308
239
57
371
269
451
1,863

341
564
688
671
278
156
624
358
997
4,677

115
44
602
447
110
121
286
146
399
2,270

1,779

31
16
193
30
70
2

3,103

342

2,468
1,652
9,272
391
298
67
1,259
15,407

709
669
2,050
21
15
18
236
3,718

536
713
2 141
1,648
1,841
387
1,698
796
2,190
11, 950
4,955
3,005
14, 790
499
426
89
1,577
25, 341

41, 360

10,842

109, 094

30, 345

215, 646

32

164

47

243

311

350

48
1,378

35

37

s

67

164

395

631

41, 360

10, 909

109, 258

30, 740

216, 277

1,963
1,860
34, 383
3,154

98
239
1,375
9,130
67

15,410
10, 070
45, 676
37, 938
164

367
2,747
13,941
13, 290
395

19, 081
15, 760
104, 951
75,854
631

TABLE N O . 14.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1950—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_
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
Total Middle Western States.




_-

2,324
1,673
1,133
24,391
2,426
5,439
37, 386
113,089
19,038
73,632
422
5,330
5,478
216, 989
12, 09t)
5,925
4,661
4,171
8,211
12, 267
10,323
1,500
9,220
52, 025
4,556
5,646
13,438
144, 039
27, 940
12,206
69, 274
20, 255
9,712
17, 262
5,924
13, 675
176, 248

Federal

State

597

491
227
6,531
910
1,576
10,332
29, 708
5,136
18,106
131
1,453
1,936
56,470
3,834
1,807
1,563
1,519
3,071
3,841
3,462
347
2,829
17,053
1,153
1,586
4,025
46,090
8,861
3,510
19,976
7,533
2,628
4,994
1,512
3,611
52,625

30
1,886
97
199
2,212
4,104

4,104

159
527

686

13
995
364

1,372

Net
profits
before
dividends

1,727
1,182
876
15, 974
1,419
3,664
24, 842
79, 277
13, 902
55, 526
291
3,877
3,542
156, 415
8,262
4,118
3,098
2,493
5,140
8,426
6,334
1,153
6,391
34,972
3,403
4,060
9,413
97, 263
19,079
8,696
49, 298
12, 722
7,071
11, 273
4,412
9,700
122, 251

On
preferred
stock

On
common
stock

653

5
5
10

205
170
3

378
1

4
2
12
5
8
32

102
1
68
30
2
35
238

496
345
9,245
952
1,933
13, 624
40, 456
4,192
22, 908
182
2,173
1,552
71, 463
3,252
1,313
1,036
1,084
2,501
2,168
2,462
409
1,750
13,146
1,078
1,392
3,144
34, 735
6,851
2,473
18,811
5,537
2,499
4,518
1,351
3,554
45, 594

Ratios

Total
cash
dividends
declared

653

496
345
9,250
952
1,938
13, 634
40, 661
4,362
22, 911
182
2,173
1,552
71, 841
3,253
1,313
1,036
1,084
2,501
2,168
2,462
413
1,752
13,158
],083
1,392
3,152
34, 767
6,953
2,474
18, 879
5,567
2,501
4,553
1,351
3,554
45, 832

Capital
accounts *

23, 595
20, 517
14, 253
262,274
23, 524
58, 905
403,068
1, 092, 029
169,987
735, 659
5,784
54,102
37,849
2,095,410
88, 287
40,159
31,961
23, 430
59,442
84, 740
65, 753
13,106
64,103
338,389
29, 710
44, 752
89,108
972, 940
239,937
103,407
601, 788
150,155
91,873
136,190
46,851
102, 273
1,472, 474

Net profits
before
dividends
to capital
accounts
Percent
7 32
5.76
6.15
6.09
6.03
6.22
6.16
7.26
8.18
7.55
5.03
7.17
9.36
7.46
9.36
10.25
9.69
10.64
8.65
9.94
9.63
8.80
9.97
10.33
11.45
9 07
10.56
10.00
7.95
8.41
8.19
8.47
7.70
8.28
9.42
9.48
8.30

Expenses
to gross
earnings
Percent
65 92
66.12
73.44
62.15
52.68
67.75
63.55
60.28
68.23
60.15
60.34
62.35
60.24
61.21
60.38
57.97
60.12
57.69
65.64
62.32
55.24
67.34
64.69
57.80
57.96
58 28
59.33
59.61
63.20
63.78
60.96
62.39
68.08
64.00
62.23
57.76
62.29

TABLE N O . 14.—Earnings, expensesf and dividends of national banks for the year ended Dec. 81, 1950—Continued
fin thousands of dollars]
Casn dividends declared

Taxes on net income
Profits
before
income
taxes

Location

North Dakota
South Dakota
Nebraska...
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

Federal

Net
profits
before
dividends

State

2,436
2,340
8,499
8,531
1,537
1,785
8,294
2,744
15,930

753
815
2,172
2,474
727
570
2,614
795
4,695

52,096

15, 615

13, 660
10, 707
128,075
3,794
3,569
1,520
3,122

3,495
2,603
49, 663
1,271
1,399
555
982

838"
2,908
291
95

164,447

59,968

791, 205

241,100

Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States (nonmember
bank)
__

420
1,449

135
691

26

Total possessions (nonmember banks)

1,895
793,100

241,949

__
_
_

Total Western States
Washington
Oregon
California
Idaho
Utah
.
Nevada
Arizona

_. ._
_-.

_-

Total Pacific States

.

._
_ _

_

Total United States (exclusive of possessions)
_ _

Total United States and possessions

476

1,637
1,462
6,327
6,057
810
1,215
5,328
1,949
10, 759

937

35, 544

46
63

352

On
preferred
stock

On
common
stock

Ratios

Total
cash
dividends
declared

Capital
accounts 1

Net profits
before
dividends
to capital
accounts
Percent
12.11
10.61
11.33
11.16
6.28
12.25
9.65
14.39
10.91

Expenses
to gross
earnings
Percent
59.34
61.13
61.48
57.15
63.73
58.62
56.85
58.16
54.04

2

603
539
1,868
1,616
710
306
1,691
499
3,385

603
539
1,869
1,616
712
306
1,691
499
3,385

13,521
13,778
55,833
54, 275
12,901
9,916
55, 216
13,541
98, 622

3

11,217

11, 220

327, 603

10.85

57.74

3,616
2,522
43,389
544
675
159
792

101, 218
76,237
630, 324
16, 713
16,116
8,694
17, 129

10.04
9.53
11.98
13.35
12.88
11.10
11.92

64.47
64.24
59.44
61.09
58.57
63.74
66.55
60.62

1

98

10, 165
7,266
75, 504
2,232
2,075
965
2,042

21

3,616
2,522
43,362
544
675
159
771

4,230

100, 249

48

51, 649

51, 697

866, 431

11.57

13, 541

536, 564

709

228, 282

228, 991

6,137,926

8.74

60.96

105
400

105
400

2,407
12,070

11.84
6.28

57.82
68.19

27

23

285
758
3

3

5

8

396

.76

66.85

849

1,046

- 3

510

513

14,873

7.03

65.89

537, 610

712

228,792

229, 504

6,152, 799

8.74

60.98

68
145
496
3

35,031
13, 815
104, 871
74, 565
510

35,031
13, 883
105,016
75, 061
513

867,130
411, 630
2,448, 479
2,410, 687
14, 873

7.26
7.53
9.08
9.14
7.03

57.21
56.64
60.10
63. 08
65.88

13, 541

62,944
3,179
89,362
23,239
New York City (central Reserve city)
30, 983
44,190
13, 207
Chicago
(centralcities
Reserve city)
222,304
345, 457
116, 984
6,169
Other Reserve
312,196
87, 670
220,333
4,193
Country banks (member banks)
1,895
849
1,046
Possessions (nonmember banks)
-.. .
1
Represents aggregate book value of capital stock, surplus, undivided profits, reserves, and retirement
Dec. 31,1949, June 30,1950, and Dec. 31,1950.



fund for preferred stock. Figures are averages of amounts reported for

TABLE N O . 15.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1950
[In thousands of dollars]
District District District District District District District District District District District District NonNo. 9
No. 4
No. 8
No. 10 No. 11 No. 12 member
No. 1
No. 2
No. 3
No. 5
No. 6
No. 7
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 than officers
Number of officers 1
Number of employees other than officers1.
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




_.

Grand

total

g
0

31,197
5,311
54,823

95,456
26,238
152,280

38,656
11, 557
59,350

53,335
12,368
74, 534

28,990
3,815
52,023

33,178
8,131
69,714

112,583
19,722
132,103

21,059
5,528
43,351

22,920
4,457
39, 569

32,431
6,714
65,686

31,867
6,786
88,937

87,061
21,466
267,491

516
7,133

2,588
15,481

401
5,379

726
6,755

381
5,860

615
8,709

2,823
15,881

421
3,141

475
5,197

651
8,262

1,048
6,447

7,104
30, 971

2,725
4,925
7,231

5,313
11,689
25,481

1,716
2,661
4,369

2,548
8,652
9,547

2,402
3,512
3,642

5,894
3,791
7,341

5,005
13, 762
15,560

2,201
1,318
2,673

3,735
2,264
3,510

2,443
2,658
6,520

3,837
2,657
9,425

7,673
12,189
17,425

113,861

334, 526

124,089

168,465

100,625

137,373

317,439

79,692

82,127

125,365

151,004

451,380

1,800
590,533
237
132,330
3,499 1,103,360
38
388
577
14
214

^
o

h§

17,787
119,604

H
y

46,069
70,092
112,938

O
O

6,767 2,192,713

i^

H

i-3

12,488
22,828
1,809
10,300

31,260
72,262
3,822
28,192

12,553
21,917
2,363
9,690

17,003
29, 596
2,603
12,067

11,604
17,303
1,954
7,774

14,790
25,438
2,251
11, 393

30,942
63,281
3,929
25,143

9,736
13, 550
1,745
6,381

10, 711
15,435
1,813
6,950

17,299
21,103
3,045
9,623

19,199
24,649
3,008
10,829

42, Oil
92,753
5,921
33,747

735
1,626
91
520

W
O
230,331
f
421,741 tT1
34,354 g
172,609 W

819

1,734

1,714

1,026

828

765

1,359

638

456

814

839

768

15

11,775

^

7,770
123
3,160

22,760
504
8,449

13,128
82
4,105

15,649
98
9,391

8,688
94
3,235

9,398
72
5,564

30,440
321
10,277

5,431
112
2,738

7,372
100
1,642

4,837
93
2,689

4,949
26
8,771

59,036
122
14, 244

916

190,374

£

151

74,416

H

2,134
22,730

4,116
65,544

2,379
19,989

2,787
27,532

1,927
16,695

2,627
26,295

4,287
56,487

1,206
13,788

1,349
15,042

1,938
22,822

2,498
26,803

6,219
58,474

2
g

72,052

206,629

75,867

103,082

60,374

84,949

197,394

47,199

52,107

71, 595

87, 734

273,627

33,619
152
373,065
864
4,459 1,337,068

63,270

177,753

2,308

855,645

g

41,809

127,897

48,222

65,383

40,251

52,424

120,045

32,493

30,020

53, 770

§

TABLE NO. 15.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31,1950—Continued
[In thousands of dollars]
District District District District District District District District District District District District NonNo. 2
No. 3
No. 4
No. 9
No. 8
No. 10 No. 11 No. 12 member
No. 1
No. 5
No. 6
No. 7
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

Grand
total

423
1,390
2,309

1,745
8,912
10,759

627
533
3,223

648
12,884
27,386

250
33
767

294
153
1,785

936
1,988
6,681

831
227
1,299

552
250
434

1,297
1,205
1,893

545
795
745

1,522
629
3,639

1,344
1,742
1,109

2,446
4,892
2,484

1,390
70
730

701
1,086
931

615
176
1,007

947
19
1,778

1,875
4,386
8,417

315
210
445

1,033
39
405

1,539
187
767

1,852
364
2,379

1,163
162
4,920

181
6

15,401
13,333
25,378

Total recoveries, transfers from valuation reserves, and profits

8,317

31,238

6,573

43,636

2,848

4,976

24,283

3,327

2,713

6,888

6,680

12, 035

218

153, 732

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

1,495
2,503

2,617
2,397

2,063
447

1,703
26,123

1,634
203

4,098
3,695

2,065
606

622
1,100

1,770
693

2,196
416

2,771
3,103

5

24, 010
41,360

485
6,711
3, 012

1,187
22,329
2, 449

779
5,594
1,602

752
11, 554
2,617

971
74
440
3,306
1,045

753
5,249
2,426

828
21,135
6,512

506
2,796
1,402

1,049
3,369
775

1,736
3,952
2,125

1,985
7,692
2,662

342
15,407
3,718

67
164
395

10,909
109, 258
30,740

14, 206

30, 979

10, 485

42, 749

5,836

10, 265

36,268

7,375

6,915

10, 276

14, 951

25,341

631

216, 277

28, 445

25,818

50, 382

54, 999

164, 447

1,895

793,100

8,006
275

7,825
1,112

14, 357
909

59, 968
4,230

849

241, 949
13,541

Total losses, charge-offs, and transfers
to valuation reserves
Profits before income taxes
Taxes on net income:
Federal
State

35, 920

128,156

44,310

66, 270

37, 263

47,135

108,060

9,865
2,165

33,899
4,151

11,395

17, 972

12,015
159

15,022
527

32, 795
5

31

9,670
28,999
60.951

12, 030

38,050

11,395

17, 972

12,174

15, 549

32,800

8,281

8,937

15, 266

17, 981
8
17, 989

64,198

849

255, 490

Net profits before dividends

23,890

90,106

32, 915

48, 298

25,089

31, 586

75,260

20,164

16,881

35,116

37, 010

100, 249

1,046

537, 610

Cash dividends declared:
On preferred stock
On common stock

5
13, 255

328
43,828

55
14, 785

102
17,192

1
10,290

14
10,857

101
•28,599

5
7,074

37
6,963

1
10, 048

12
13, 742

48
51, 649

3
510

712
228, 792

13,260

44,156

14,840

17, 294

10, 291

10,871

28,700

7,079

7,000

10, 049

13, 754

51, 697

513

229, 504

Total taxes on net income

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)
N u m b e r of banks *
Loans
Securities
Capital stock (par value)
Capital accounts
Ratios:
T o gross earnings:
Interest and dividends on securities.
Interest and discount on loans
Service charges on deposit accounts.
All other current earnings
Total gross earnings
Salaries, wages and fees
Interest on time deposits
All other current expenses
Total current expenses
N e t current earnings
To loans: Interest and discount on loans.
T o securities: Interest a n d dividends on
securities
To capital stock (par value):
N e t current earnings
N e t profits before dividends
Cash dividends
To capital accounts:
N e t current earnings
N e t profits before dividends
Cash dividends
1

27
786

1,345
2,872

38
403

129
642

5
497

480

21
1,703

491
6,608

40
1,416

214
2,085

7
1,359

12
1,390

60
2,630

1,606

3,240

2,195

1,327

5,115

4,589

332

405

40
652

129
1,023

92
2,903

37

1,839
12, 999

131
883
2,065

12
902

32
1,701

51
3,307

1,744
9,559

35

2,815
33, 578

1,010

8,510

6,410

9,493

125

47, 069

34

281
516
553
461
566
325
4,965
340
480
181
346
626
1, 390,864 4, 556,855 1,303, 062 1,821, 951 1,107,101 , 500,869 3, 549, 425 1, 022, 273
, 945, 6245, 409,850 83, 646 25, 959, 218
2, 203, 964 7, 605, 066 2, 646,112 3,805, 538 1, 967, 374 """, 315 8, 409, 686 1, 540, 378 1, 869,
629, 339
065 1,
2, 398,
482; 359
664 L 320
6 593,888
593888 115,
15, 418
1843,825, 014
320,,546 6,
82,134
118,872 382,452 129,042 191,743
" " 302,275
63,601
57,112
99,791 132,118 297, 627 4,700 1,965,977
6,152, 799
391,108 1, 227, 790 449,836 602, 341 272,134
918,018 208,474 195,118 322,210 356,
495 866, 431 14,873
Percent Percent Percent Percent Percent
32.06
36.38
40.47
32.60
39.00
47.83
48.15
45.52
51.70
44.24
4.33
6.27
4.63
5.82
4.01
13.52
7.37
13.47
9.88
12.75

Percent
41.68
41.62
5.00
11.70

Percent
33.36
54.40
3.94
8.30

Percent
33.33
48.18
6.33
12.16

Percent
31.22
52.40
6.59
9.79

Percent
25.60
58.90
4.27
11.23

100. 00

100. 00

100.00

100.00

100.00

100.00

100.00

100.00

100. 00

100. 00

100.00

31.74
6.82
24.72

31.46
6.81
23.50

29.16
10.58
21.40

28.27
9.29
23.63

29.55
8.63
21.82

29.84
6.84
25.16

30.11
9.59
22.48

30.02
6.82
22.39

32.39
8.98
22.08

31.28
3.86
21.97

29.59
3.28
25.23

Percent Percent Percent J
24.04
32.97
30.10
59.26
50.32
51.71
6.86
5.73
5.45
9.84
12.46
11.26
100. 00 100.00
30.03
13.08
17.51

35.11
13.54
17.24

100. 00
30.28
8.68
22.02

63.28

61.77

61.14

61.19

60.00

61.84

62.18

59.23

63.4

57.11

58.10

60.62

65.89

60.98

36.72

38.23

38.86

38.81

40.00

38.16

37.82

40.77

36.55

42.89

41.90

39.38

34.11

39.02

3.94

3.34

4.55

4.09

4.70

4.64

3.72

4.24

4.55

4.70

4.57

4.94

4.18

4.25

1.73

1.68

1.58

1.65

1.76

1.65

51.09
31.70
11.13

52.56
29.56
12.26

53.88
35.19
10.07

47.89
28.01
10.41

59.72
33.68
17.37

49.11
22.26
10.91

43.52
27.35
11.67

15.59
9.67
3.40

15.39
8.65
3.59

16.69
10.90
3.12

17.75
10.38
3.86

20.52
11.57
5.97

15. 52
7.03
3.45

13.91
8.74
3.73

1.66

1.60

1.90

1.73

1.67

1.65

1.57

35.17
20.10
11.15

33.44
23.56
11.54

37.37
25.51
11.50

34.10
25.19
9.02

49.01
30.55
12.53

50.16
30.22
10.40

10.69
6.11
3.39

10.42
7.34
3.60

10.72
7.32
3.30

10.85
8.02
2.87

14.79
9.22
3.78

15.98
9.63
3.31

39.71
24.90
9.49
13.08
8.20
3.13

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.—The figures of loans, securities, capital stock, and capital accounts are averages of amounts reported for Dec. 31, 1949, June 30, 1950, and Dec. 31,1950.




TABLE N O . 16.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1950

O

TOTAL UNITED STATES AND POSSESSIONS
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1950, of—
$500,000
and
under

Number of banks
Total deposits .
_
Capital stock (par value)
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:
Officers
Employees other than officers.
_
Fees paid to directors and members of
executive, discount, and advisory committees
Interest on time deposits (including
savings deposits)
Interest and discount on borrowed moneyTaxes other than on net income ..
Eecurring depreciation on banking house,
furniture and fixtures
Other current operating expenses
Total current operating expenses
Net earnings from current operations




$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
to
to
to
to
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 $25,000,000 $50,000,000 $100,000,000 $500,000,000 and over

Total

97
6, 922, 298
135, 235
414,114

108
21,623,358
424,678
1,334,875

48,931
10,464
84, 263

43, 931
7,944
76, 736

129,189
22,949
244, 223

188, 769
51,135
354,424

587,911
131,576
1,099,540

1,073
17, 726

1,186
12,136

1,366
10,182

3,598
22,235

8,667
30,336

17,761
119,123

4,787
1 675
6,127

5,710
5,545
9,738

3,765
5,309
10,140

4,081
6,372
9,998

10,059
21,819
26, 245

10, 806
28,640
44,389

45,899
70,031
112,461

170, 776

185,613

242, 648

176,194

160, 610

480,317

717,166

2,184,302

28,348
22,021

25, 662
29,061

29, 274
43, 734

19, 254
34,832

16,913
32,885

44,114
103,725

55, 271
148,909

229,355
420, 225

40
16,151
1,198
2,399

113
72,003
3,648
9,021

603
206
181
860
943
1,782
159, 257 1,308,139 5,812,475 6, 616, 615 9,069,066 7,007,835
7,322
43,069
146,787
197,359
140,995
149,822
443, 504
130,046
621,643
18,409
485,827
492,846

95
31
466

557
123
1,705

1,324
255
3,222

10,551
2,137
24,392

45, 595
10,352
93, 712

50,339
11, 751
96,606

68,630
14,435
119, 791

6
28

7
141

14
324

104
2,493

572
10,362

1,168
13,160

22

82

14

53

164
1
135

1,449
30
1,053

4,974
640
4,569

662

2,668

5,439

42, 209

197
48

669
202

1,197
493

8,456
4,315

4,951
18
30,831, 768 89,438,965
748,412 1,998,525
2,369, 577 6,322, 261

9

52

88

725

2,722

2,127

2,023

967

726

1,477

799

11,715

24

187

3,935
23
1,284

17, 933
68
5,509

19, 659
66
6,157

24,850
87
8,003

15,345
72
6,269

11, 601
157
5,354

30, 515
581
17,893

65,116
770
23,408

189, 614
1,745
74,161

773
6,580

3,424
26, 225

3,611
30, 507

4,835
41,194

3,227
33, 940

3,031
32,053

7,374
93, 533

7,053
105,655

33,475
371,149

23

81

449
1
180

10
121

45
440

92
901

432

1,676

3,, 401

26,091

106, 250

116,850

154, 000

113,906

102, 720

299,132

406, 981

1,331,439

230

992

2,038

16,118

64, 526

68, 763

88, 648

62, 288

57,890

181,185

310,185

852,863

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
Profits before income taxes
Taxes on net income:
Federal
State
Total taxes on net income
Net profits before dividends
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)




6
5
19

253

660
92
1,326

1,288
334
2,022

995
453
3,111

1,009
374
2,899

249
494
3,150

2,956
3,974
7,499

2,087
22,946
40,423

9,351
28, 672
60, 720

11

147
1
19

671
41
343

2,018
255
1,120

1,702
512
1,427

1,898
263
2,212

1,731
494
1,920

1,454
327
968

3,549
2,997
6,659

2,087
8,211
10,134

15,365
13,101
24, 817

40

102

197

1,408

5,471

7,285

8,932

8,427

6,642

27, 634

85, 888

152,026

1

16

40

390
62

1,990
292

2,889
713

3,217
872

2,423
611

2,515
141

5,921
4,436

4,313
34,197

23, 715
41,324

75
4
3

144
18
24

252
104
49

1,173
748
378

2,982
4,782
1,987

1, 727
7,396
2,995

1,511
10, 272
3,452

674
7,978
3,067

745
8,366
2,111

1,389
27,855
8,684

157
41, 451
7,827

10,829
108, 974
30, 577

1
6

12

30

78

4

100

83

202

445

2,751

12, 033

15, 720

19,324

14, 753

13,878

48, 285

87,945

215,419

187

892

1,790

14, 775

57,964

60,328

78, 256

55,962

50, 654

160, 534

308,128

789,470

40
2

168
14

321
20

2,788
217

13,301
712

16, 651
678

22,923
1,068

17,326
543

16, 584
548

52,162
3,099

98,855
6,617

241,119
13, 518

42

182

341

3,005

14,013

17,329

23, 991

17,869

17,132

55, 261

105,472

254, 637

145

710

1,449

11, 770

43, 951

42, 999

54, 265

38,093

33, 522

105, 273

202, 656

534,833

66

3
239

468

18
3,723

68
14,142

98
14,017

136
18, 593

61
13,113

130
11,563

187
44,902

107,479

701
228,305

66

242

468

3,741

14, 210

14,115

18, 729

13,174

11, 693

45,089

107,479

229,006

7

27

1
123

1
873

29
1,265

28
1,262

4
895

130
935

292
3,154

1,354
4,395

1,839
12,936

4

20

92

13
471

10
2,268

66
3,290

50
3,609

19
2,252

49
2,194

630
7,884

1,978
11,408

2,815
33,492

25

6

53

723

3.258

3,392

8,993

4,590

4,360

15,669

6,000

47,069

TABLE NO. 16.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec, 31, 1950—Continued
TOTAL U N I T E D STATES A N D POSSESSIONS
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 31,1950, of—
$500,000
and
under
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

$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
to
to
to
to
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $10,000,000 $25,000,000 $50,000,000 $100,000,000 $500,000,000 and over

o
Total

§
17
11
6
4

24
15
9
6

30
19
11
8

49
30
19
14

96
60
36
25

197
124
73
46

402
255
147
90

855
553
302
185

1,656
1,059
597
346

4,447
2,770
1,677
975

39,843
22,610
17,233
11, 259

441
269
172
108

$1.42
.90

$1.38
.99

$1.28
.91

$1.23
.90

$1.11
.76

$1.04
.65

$0.98
.60

$0.89
.54

$0.84
.49

$1.01
.66

$0.95
.60

9.59
6.04
2.75

11.00
7.87
2.68

11.07
7.87
2.54

12.39
9.05
2.88

13.28
9.05
2.92

13.95
8.72
2.86

14.26
8.73
3.01

14.04
8.59
2.97

$0.84
.48
13.98
8.09
2.82

13.57
7.89
3.38

13.09
8.55
4.54

13.49
8.46
3.62

95

255

432

2,416

6,524

4,768

4,481

2,508

2,025

4,808

5,973

34,285

37

157

356

2,663

11,391

13, 580

19, 513

15, 255

14,260

42, 217

52,962

172,391

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, sur
plus, undivided profits, reserves and retirement fund for preferred stock.




o

1
to
o

o

109

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 17.—Earnings, expenses, and dividends of national banks, years ended
Dec. 31, 1948-50
[In thousands of dollars]
1949

1948

Number of banks i _.
Capital stock, par2 value 2 .
Capital accounts _ _

1950

4,997

4,981

4,965

1,804,490
5, 545,993

1,884,352
5,811, 044

1,965,977
6,152, 799

Percent
Percent
Amount Percent
to total Amount to total Amount to total
Earnings from current operations:
Interest and divdends 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

Number
Number

1

of officers -_
of employees other than officers l-~

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
Kecurring depreciation on banking house,
furniture and fixtures
0 ther 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
All other
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.
Profits before income taxes

See footnotes at end of table.

948358—51


30.45
5.84
46.86

582, 205
117,682
969,085

11, 759
97, 682

.62
5.14

14, 275
109, 533

.71
5.46

17, 787
119, 604

.81
5.45

43,435
59,383
108,014

2.29
3.12
5.68

42,310
60,345
109,371

2.11
3.01
5.46

46, 069
70, 092
112, 938

2.10
3.20
5.15

100. 00 2,192, 713

100.00

1,900,471

Current operating expenses:
Salaries and wages:
Officers
Employees other than officers

._

29.04
590, 533
5.87
132,330
48.34 1,103,360

578, 669
110,901
890, 628

197, 575
368,180
32, 503
159,941

100.00 2, 004,806

16.68
31.09

211, 750
388,434
33,270
162,002

16.96
31.12

230,331
421, 741
34,354
172,609

26.93
6.04
50.32

17.23
31.54

10, 008

.84

10, 820

.87

11, 775

.88

175, 507
1,814
61,328

14.82
.15
5.18

184,024
1,687
65, 717

14.74
.13
5.26

190,374
1,747
74,416

14.24
.13
5.57

27, 669
342,305

2.34
28.90

30, 666
355, 226

2.46
28.46

33, 619
373,065

2.51
27.90
100. 00

1,184,386

100.00 1, 248,324

100. 00 1,337, 068

716, 085

756 482

855, 645

19,682
11, 296
37,491

12.19
7.00
23.22

6,136
15,445
40, 232

5.22
13.14
34.24

9,670
28, 999
60, 951

6.29
18.86
39.65

24, 614
23,941
44,455

15.24
14.82
27.53

13,451
11, 463
30, 771

11.45
9.76
26.19

15,401
13,333
25,378

10.02
8.67
16.51

161,479

100. 00

117,498

100. 00

153, 732

100.00

46, 616
23, 555

16.80
8.49

21, 257
18,310

10.36
8.93

24,010
41,360

11.10
19.12

19,633
160, 644
26, 995

7.08
57.90
9.73

14, 496
122,122
28,932

7.07
59.54
14.10

10,909
109, 258
30, 740

5.05
50.52
14.21

277, 443

100.00

205,117

100.00

216, 277

100. 00

600,121

668, 863

793,100

110

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 17.—Earnings, expenses, and dividends of national banks, years ended
Dec. 31, 1948-50—Continued
[In thousands of dollars]
1948

1949

1950

Percent
Amount Percent
to total Amount to total
Taxes on net income:
Federal
State

166,693
9,671

Amount Percent
to total

182,979
11,003

241,949
13, 541

Total taxes on net income

176,364

193,982

255,490

Net profits before dividends __

423, 757

474,881

537, 610

1,304
192,603

1,100
203,644

193,907

204, 744

712
228, 792
229, 504

5,582
6,519

1,380
12,832

1,839
12, 999

8,753
30,849
36, 691

2,338
44,986
86,964

2,815
33, 578
47, 069

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
30.30
9.23
22.79

Percent
30.48
9.18
22.61

Percent
30 28
8.68
22.02

62.32

62. 27

60.98

37.68

37.73

39.02

10.75
3.50

10 87
3.52

11.67
3.73

1
Number at end of period. Remaining figures include earnings, expenses, etc., of those banks which were
in 2operation a part of the year but were inactive at the close of the year.
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.
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; 1946, p. 98, and 1949, p. 101.




TABLE N O . 18.—Number of national banks, capital stock, capital funds, net profits, dividends, and ratios years ended Dec. 31, 1929-50
[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.
1950.

Preferred

7,408

7,038
6,373
6,016
3
5,159
3 5, 467
5,392
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
4,965

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
16,079

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
1,949,898

Total

1,650,574
1,724,028
1,680,780
1,597,037
1,600,303
1,709,043
1,791,324
1, 706,528
1,591,788
1,577,738
1,561,521
1,532,315
1, 523,454
1,511,123
1,508,170
1,551,116
1, 616,884
1,699,833
1, 769,205
1,804,490
1,884,352
1,965,977

1
Averages of amounts from reports of condition made in each year.
» Deficit.
Licensed banks, i.e., those operating on an unrestricted basis.

3




Ratios

Cash dividends
Capital
accounts1

Net
profits
before
dividends

On
preferred
stock

On
common
stock

Cash divi- Cash diviNet profit before
dends on dends on Total cash
dividends
preferred common dividends
stock to stock to to capital
preferred common accounts To capital To capital
capital
capital
stock
accounts
Percent

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, 206,194
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
6,152, 799

291,944
158,411
54, 550
2 164, 737
2 286,116
2153,451
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
537,610
2

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
712

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
228, 792

.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
4.43

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
11.73

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
3.73

Percent
17.69
9.19
2
3.25
210.32
217.88
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
27.35

Percent
7.78
4.04
2 1.45
2 4. 96
2 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
8.74

£
J5
^
Q
^
tE
E
O
O
g
C
H^

Ed
O1
f
F
K
W
_
2
^
0
H
H
"

,-+.

S3

112

REPORT OF THE COMPTROLLER OF THE CURRENCY

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 193ISO
[In thousands of dollars]

Total loans Losses and
end of year charge-offs

Year

1931
1932
1933 _
1934 _ .
1935
1936
1937
1938.
1939 __
1940
1941
1942
1943
1944
1945
1946-1947
1948
1949
1950

__

_
_

_._

Average for 1931-50..-




Ratio of
Net losses
or recover- losses (or recoveries
+)
ies ( + )
to loans

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
29,277,480

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
150,482
159,482
i 44,487

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
2 28,400

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
16,087

13,143, 564

107,624

37,849

69,775

1 Excludes transfers to valuation reserves.
Excludes transfers from valuation reserves.

2

Recoveries

Percent
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
.05

.53

REPORT OF THE COMPTROLLER OP THE CXJREENiCY

113

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 1931-50
[In thousands of dollars]

Year

1931
1932
1933
1934.
1935.
1936
1937.
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950

.
.

. .

Average for 1931-50

Recoveries

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
43,022,623

184,305
184,797
2,44,924
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
2 26,825

9,924
29,393
i 51, 050
i120,096
»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
3 25,264
3 7, 516
311, 509

174,381
155,404
193,874
86,644
+64,236
+ 2 8 , 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
15,316

25,484, 548

103,879

50,275

53,604

1
Includes profits on securities sold.
2 Excludes transfers to valuation reserves.
3
Excludes transfers from valuation reserves.




Ratio of
Net losses
losses (or
or recover- recoveries
ies (+)
+ ) to securities

Total secu- Losses and
rities end of charge-offs
year

Percent
2.42
2.05
2.46
.83

+.56
+.23

.50
.66
.59
.49
.28
.13
.02
.04
.04
.09
.10
.07
.04
.04
.21

114

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 21.

ForeigrTbranches^of Americanjnational^bankSy Dec. 30, 1950

BANK OF AMERICA NATIONAL TRUST AND SAVINGS NATIONAL CITY BANK OF NEW YORK, N. Y.—ConASSOCIATION, SAN FRANCISCO, CALIF.:

China:
Shanghai.
England:
London.
Guam:
Agana.
Japan:
Kobe.
Tokyo.
Yokohama.
Philippines:
Manila.
Thailand:
Bangkok.
FIRST NATIONAL BANK OF BOSTON, MASS.:

Argentina:
Avellaneda.
Buenos Aires.
Buenos Aires (Alsina).
Buenos Aires (Constitution).
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 (Berkeley Square).
London (Bush House, Aldwych).
London (Lombard).
Germany:
Frankfurt am Main.
Heidelberg.
Stuttgart.
Japan:
Osaka.
Tokyo.
Panama:
Colon.
David.
Panama City.
Puerto Rico:
San Juan.

Brazil:
Recife (Pernambuco).
Porto Alegre.
Rio de Janeiro.
Salvador.
Santos.
Sao Paulo.
Canal Zone:
Balboa.
Cristobal.
Chile:
Santiago.
Valparaiso.
Colombia:
Barranquilla.
Bogota.
Medellin.
Cuba:
Caibarien.
Cardenas.
Havana.
Havana (Cuatro Caminos).
Havana (Galiano).
Havana (La Lonja).
Manzanillo.
Matanzas.
Santiago de Cuba.
England:
London.
London (West End).
Hong Kong:
Hong Kong.
India:
Bombay.
Calcutta.
Japan:
Osaka.
Tokyo.
Yokohama.
Mexico:
Mexico City.
Mexico City (La Catolica).
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. 30,
1950, appears in the following table.
NATIONAL CITY BANK OF NEW YORK, N. Y.:




REPORT OF THE COMPTROLLER OF THE CURRENCY

115

TABLE NO. 22.—Consolidated statement of assets and liabilities of foreign branches
of national banks, Dec. 30, 1950
[In thousands of dollars]

Number of branches

89
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

$540, 464
107, 802
60, 681
337, 880
641, 529
6, 190
19, 231
13, 898
1, 727, 675

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

1, 022, 315
231, 726
93, 041
25, 467
78, 070
31, 810
1, 482, 429

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

172, 879
29, 249
19,287
23, 165
1, 727, 009

CAPITAL ACCOUNTS

Undivided profits, including reserve accounts
Total liabilities and capital accounts
NOTE.—For location of foreign branches see preceding table.




666
1, 727, 675

116

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 23.—Assets and liabilities of banks in the District of Columbia by classes,

Dec. 30, 1950
[In thousands of dollars]
Total all
banks
19

Number of banks..
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 reserves.
Net loans
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.
to 10 years..
Other bonds maturing in 5 to
yeai
Other bonds maturing in 10 to 20 years..
Bonds maturing after 20 years
Total
Obligations guaranteed by U. S. Government (Federal
Housing Administration debentures)
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
clearinghouse
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, e t c
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets .




National
banks

Nonnational

10

78,887

40,255

2,489

895

1,594

4,257

3,630

627

180
85,683
29,803
96,069

126
38,414
15,283
45, 445

54
47, 269
14, 520
50,624

12,809
56

2,578
33

10,231
23

350,497
2,644

185,300
1,753

165,197
891

347,853

183,547

164,306

119,142

52,945

187,140

14,595
129,208

15,555
2,303
57,932

30,590
164,845
46,177
3,979
6,542

13,706
105,846
28,781
1,332
2,463

16,884
58,999
17,396
2,647
4,079

524,671

348, 876

175, 795

524,678
10,996
37,959
1,867

348,876
4,025
25,141

175,802
6,971
12, 818

575,500

379,010

196,490

51,386

29,865

21,521

59,551
1
54
22,891

36,583
1
18
12,905

22,968

68,500

7

7

168,481

106,631

61,850

302,364

186,003

116,361

16,177
415

7,452

8,725
127
1,250

1,250
32

32

1,255
1,317

423
678

832
639

1,246,163

757, 433

488,730

REPORT OF THE COMPTROLLER OF THE CURRENCY

117

TABLE NO. 23.—Assets and liabilities of banks in the District of Columbia by classes}
Dec. 80, 1950—Continued
[In thousands of dollars]
•

Total all
banks

National
banks

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)

825,844
22,780
212
57, 725
4,782

523,115
16,298
178
48,649
4,453

302,729
6,482
34
9,076
329

24,080

18,726

5,354

935,423

611,419

324,004

207,906
6,000
1,230
553

100,192
1,000
1,025

107, 714
5,000
205
553

226, 689

102, 217

124,472

1,162,112

713, 636

448, 476

32
2,092
4,139
1,279

32
537
2,248
848

1,555
1,891
431

1,169,654

717,301

452,353

_
_

22,250
38, 820
12,614
2,825

12,450
19, 800
6,753
1,129

9,800
19,020
5,861
1,696

76, 509

40,132

36, 377

Total liabilities and capital accounts--.

1, 246,163

757, 433

488, 730

78, 702

43, 389

35, 313

Total demand deposits
Time deposits:
Individuals, partnerships, and corporations
U. 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
Acceptances executed by or for account of reporting banks and outstanding-.__
_
Interest, discount, rent, and other income collected but not earned-Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

11,000

11,000

CAPITAL ACCOUNTS

Capital stock: Common stock
Surplus __
Undivided profits
Reserves
Total capital accounts

MEMORANDUM
Assets pledged or assigned to secure liabilities and for other purposes
(including notes and bills rediscounted and securities sold with
agreement to repurchase)




118

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 24.—Assets and liabilities of all banks in the District of Columbia at date

of each call during the year ended Dec. 31, 1950
[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."24,
1950

June 30,

Oct. 4,

1950

1950

Dec. 30,
1950

19 banks

19 banks

19 banks

19 banks

304,648
518, 517
6,863
34, 930

314, 768
515,211
7
8,638
37, 216

504,898
7
11, 475
39, 538

347,853
524, 671
7
10, 996
37,959

1,744

1,744

1,859

1,867

155, 948
24,005

156, 572
18, 237

166, 874
23, 538

168, 481
22,891

79,478

93, 782
16,089
287

91, 479
16,300
214

110, 992
16,177
415

1,300
76
1,249
1,024

1,300

1,211
1,654

993
2,604

1,250
32
1,255
1,317

1,146, 719

1,166, 200

1,197,845

1, 246,163

753,103

771,627

16,119
302
1,300

LIABILITIES
D e m a n d deposits of individuals, partnerships, a n d corporations.
Time deposits of individuals, partnerships, a n d 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 b y or for account of reporting
banks and outstanding
Income collected but not earned
__
Expenses accrued and u n p a i d . .
_
Other liabilities..

Total liabilities..

213, 957
1,025
29, 321
131
51, 494
18, 935
1,067,966
846,984
220, 982

212, 902
1,230
33, 394
129
50, 278
17, 242
/, 086, 802
865, 670
221,132

825,844
210, 066
1,230
29, 608
690
64, 781
20,112
', 118,856
894, 507

207, 906
1,230
28, 780
765
73, 507
24, 080
1,162,112
935,423

1,000

200

32

2,081
3,263

76
2,110
3,446

2,288
3,834

2,092
4,139
1,279

1, 074,498

1, 093,117

1,121, 374

1,169, 654

21,100
35, 625
12,620
2,876

21,100
35, 750
13, 460
2,773

22,150
38, 450
12, 795
3,076

22, 250
38,820
12, 614
2,825

CAPITAL ACCOUNTS

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

72,221

73, 083

76,471

76, 509

1,146, 719

1,166,200

1,197,845

1, 246,163

79,417

83,380

86;415

78, 702

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes




REPORT OF THE COMPTROLLER OF THE CURRENCY

119

TABLE N O . 25.—Assets and liabilities of nonnational banks in the District of Colum-

bia at date of each call during the year ended Dec. 31, 1950
[In thousands of dollars]
A p r . 24,
1950

June 30,

Oct. 4,

Dec. 30,

1950

1950

1950

10 banks

10 banks

10 banks

10 banks

144,709

150,014
173, 220
7
7,013
13, 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 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
Income earned or accrued but not collected
Other assets
_._
__.
_
Total assets

176,057
5,244
12,915

159, 860
175,199
7,980
12, 566

164, 306
175, 795
7
6,971
12,818

899

899

899

899

55, 296
10, 604

55, 799
7,946

64, 461
10,102

61,850
9,986

27, 266
8,837
209

36, 454
8,784
203

32,467
8,938
127

44, 525
8,725
127

1,300
760
1,122

1,300
744
607

1,300
657
1,927

1,250
832
639

445, 218

456, 268

476, 490

488, 730

269,444

279, 201

110, 579
14,191
6
7,917
4,119
406,256
290, 677
115, 579

110, 281
205
13, 906
7
8,453
4,880
416,933
300,447
116,486

108,970
205
11,747
559
11, 418
5,808
435,296
319,568
115, 728

107, 714
205
11,482
587
20, 405
5,354
448,476
324,004
124,472

1,587
1,841
226

1,574
1,697
353

1,000
1,688
1,845
363

1,555
1,891
431

409,910

420, 557

440,192

452, 353

9,700
18,875
5,168
1,565

9,700
18, 900
5,442
1,669

9,700
18, 900
5,963
1,735

9,800
19, 020
5,861
1,696

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

302, 729

CAPITAL ACCOUNTS

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

35, 308

35, 711

36, 298

36,377

445, 218

456, 268

476, 490

488, 730

35, 457

35,970

36,399

35, 313

MEMORANDUM

Assets pledged or assigned to secure liabilities and for
other purposes
__




120

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 26.—Earnings, expenses, and dividends of banks in the District of

Columbia, years ended Dec. 31, 1950 and 1949
fin thousands of dollars]
Years ended Dec. 31National
banks

Total

Number of banks i
Capital stock, par2 value2
Capital accounts

.-.

1950

1949

1950

1949

1950

19
21,467
73,451

19
21,017
69,635

11,750
37,849

11,400
35,470

10
9,717
35,602

10
9,617
34,165

7,385
955
11,289
70
2,093

5,398
435

4,522
528
5,554
19

2,735
480
6,658
147
1,307

2,863
427
5,735
• 51
1,124

722
1,763
1,320

184
525
441

171
559
439

560
1,309

551
1,204
881

28,611

25,597

14,526

12, 761

14,085

12,836

3,078
6,634
861
2,652

2,859
6,232
2,570

1,606
3,016
185
1,203

1,497
2,820
177

1,472
3,618
176
1,449

1,362
3,412
166
1,435

210

197

106

1,455
6
1,296

680
2
570

543
4,982

1,436
4
1,299
478
4,523

240
2,530

18,204

17,028

8,750

10,407

8,569

Earnings from current operations:
Interest and dividends on:
U. S. Government obligations
8,133
Other securities
--.
915
Interest and discount on loans
13,146
Service charges and other fees on banks' loans
171
Service charges on deposit accounts
2,338
Other service charges, commissions, fees, and collection and exchange charges
744
Trust department
1,834
Other current earnings
1,330
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 *

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
All other

401
13
511

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
Profits before income taxes
Taxes on net income: Federal
See footnotes at end of table.




_.

Nonnational
banks

2
13
155

24
1,031

5,776

1,185

1949

104

103

652

775
4
726

784
4
744

224
2,227

303
2,452

254
2,296

94

9,454

8,959

4,692

4,631

3,877

1

2
13
101

109

11
304

"228

54

184"

233
1
287

133
2
207

50
1
59

1,095

816

396

295

521

169
6

126

100

24

102

18
793

190
1,016
462

4
429
161

616
107

1,684

1,800

694

835

990

965

9,818

7,585

5,478

4,152

4,340

3,433

3,457

2,502

1,936

1,407

1,521

1,095

14
364
537

183

102
400
355

121

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 26.—Earnings, expenses, and dividends of banks in the District of
Columbia, years ended Dec. 31, 1950 and 1949—Continued
[In thousands of dollars]
Years ended Dec. 31—
National
banks

Total

Nonnational
banks

1950

1949

1950

1949

1950

Net profits before dividends

6,361

5,083

3,542

2,745

2,819

2,338

Cash dividends

2,912

2,653

1,552

1,388

1,360

1,265

138

71

47

43

91

28

364
50

384

162

173

202
50

211

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

___

1949

Percent Percent Percent Percent Percent Percent
34.68 36.28
32.55 34.57
36.88
38.00
5.09
5.61
5.11
5,50
6.11
4.68
23.86
24.63
23.55 24.74
25.69
23.01

Total current expenses

63.63

66.52

60.24

63.23

67.12

69.80

Net current earnings

36.37

33.48

39.76

36.77

32.88

30.20

13.57
3.96

12.62
3.81

13.21
4.10

12.18
3.91

14.00
3.82

13.15
3.70

Ratio of cash dividends to capital stock (par value) _..
Ratio of cash dividends to capital accounts
1
2

Number at end of period.
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 N O . 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, 1929-50

to

[In thousands of dollars. Figures for previous years published in report for 1940, p . 200]
Capital *

Number of
banks

1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1
2

41
39
39
34
21
22
22
22
22
22
22
22
22
22
22
21
21
20
19
19
19
19

c

tT

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
L,650
1,650
1,554
L, 355
L,208
L,288
. 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
21,467

Total

24,868
24,008
23,328
23.072
19, 516
21,260
21, 675
21,429
20,' 718
19,803
19, 625
19,224
19,092
18, 962
18, 056
17,867
19, 783
20, 750
20, 933
21,017
21,467

Capital accounts i

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
73,451

Averages of amounts from reports of condition made in each year.
Deficit.




Ratios

Interest and cash dividends

Net
profits
before
dividends

4,374
2,983
1,514
2 1,218
* 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
6,361

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
2,912

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
dividends
on preferred
stock
to
preferred
capital

Cash
dividends
on common
stock
to
common
capital

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
13.57

Total
interest
and
cash
dividends
to
capital
accounts
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
3.96

Net profits before dividends

To
capital
stock

17.59
12.43
6.49
2 5.28
211.20
21.96
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
29.63

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
8.66

3

W

i
o

I

REPORT OF THE COMPTROLLER OF THE CURRENCY

123

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
1931-50
ALL BANKS
[In thousands of dollars]

Year

1931
1932 _ _.
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
.
.
1944
1945
1946
1947
1948
1949
1950
Average for 1931-50

Total loans
end of year

Losses and
charge-offs

Recoveries

of losses
Net losses Ratio
(or recovor recoveries eries
+ ) to
loans
Percent

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
347,853

1,338
1,209
2,255
2,847
1,142
946
347
416
257
371
332
225
237
600
195
184
303
1395
1574
1382

184
75
123
137
346
398
372
201
137
193
277
351
297
434
300
483
529
2 211
2 304
2 539

215
120
178
55
+126
+60
166
+105
+299
+226
184
270
+157

+.05

150,326

728

295

433

.29

930
666
975
1,281
416
256

1.21
1.04
2.28
3.09
1.05
.60

1,154
1,134
2,132
2,710
796
548

+25

0.76
.89
2.39
3.21
.92
.58

+.02
.22
.11
.14
.04

+.11
+.06
.15

+.08
+.17
+.09
.07
.09

NATIONAL BANKS
1931.
1932.
1933.
1934.
1935.
1936.
1937.
1938.
1939.
1940.
1941.
1942.
1943..
1944..
1945..
1946..
1947.
1948.
1949.
1950.

Average for 1931-50.

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
183. 547
75, 792

1,006
722
1,055
1,312
572
406
176
215
167
178
122
112
133
110
66
62
133
1264
1261
i 166
362

76
56
80
31
156
150
225
103
59
119
143
147
113
141
112
211
230
2 100
2 93
2 180
126 I

+49
112
108
59

+21
+35
20

+31
+46
+149
+97

+.10
.25
.21
.10

+.03
+.06
.04

+.06
+.07
+.15
+.07

164
168
+14

+.01

236

.31

224
468
1,157
1,429
380
292
24
103
12
119
76

0.30
.74
2.50
3.33
.81
.56
.04
.19
.02
.17
.10

.11
.11

NONNATIONAL BANKS
1931.
1932.
1933.
1934.
1935.
1936.
1937.
1938.
1939..
1940..
1941..
1942..
1943..
1944..
1945..
1946.
1947..
1948..
1949..
1950..
Average for 1931-50.

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
164,306

332
487
1,200
1,535
570
540
171
201
90
193
210
113
104

74, 534

1 Excludes transfers to valuation reserves.
2 Excludes transfers from valuation reserves.




129
122
170
1131
1
313
1216

108
19
43
106
190
248
147
98
78
74
134
204
184
293
188
272
299
2 111
2 211
2 359

+59
+150
+129
20
102
+143

+.10
+.19
+.12

366

169

197

.26

490

+91
+80
197

+.15
+.14
.36

.02
.07

+.09

124

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 1931-50
ALL BANKS
[In thousands of dollars]
Total securities end of
year

Year

1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950

. .

.

- .

Average for 1931-50

Losses and
charge-offs

Recoveries

Ratio of losses
Net losses or (or recoveries
recoveries (+) + ) to securities
Percent
1.13
.90
1.70

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
575, 500

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
2 169

13
256
1459
i 1,221
11,374
538
297
426
493
351
359
262
590
459
278
125
83
3 88
32
32

1.107
922
1,686
+291
+878
307
514
466
552
381
468
204
180
180
21
80
264
113
124
167

308,348

712

384

328

.11

448

0.78
.31
.94
+.12
+.65
.27
.35
.28
.60
.30
.40
.04
.06

2 24

4
149
1339
1720
1821
398
211
334
394
285
242
199
469
250
173
76
16
3 80
31

2 100
410

+.26
+.72
.23
.38
.34
.41
.28
.30
.07
.04
.03
.002
.01
.05
.02
.02
.03

NATIONAL BANKS
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
379,010

1931.
1932.
1933.
1934..
1935..
1936..
1937..
1938..
1939..
1940..
1941..
1942..
1943..
1944..
1945..
1946..
1947..
1948.
1949.
1950.

191,102

Average for 1931-50.

452
347
949
639
342
609
507
562
883
533
617
271
641
231
182
97
166
244

198
610
+81
+479
211
296
228
489
248
375
72
172

+19

9
21
150

+36

+.01
.002
.01
.05

+.01

23
100

.01
.03

258

152

.08

1.65
1.90
3.12

NONNATIONAL BANKS
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945...
1946
1947.
1948
1949
1950

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
196,490

668
831
1,196
291
154
236
304
330
162
199
210
195
129
408
117
108
181
2 157
2 102
2 69

9
107
1120
1501
1553
140
86
92
99
66
117
63
121
209
105
49
67
38
31
32

659
724
1,076
+210
+399
96
218
238
63
133
93
132
8
199
12
59
114
149
101
67

Average for 1931-50
117,246
1 Includes profits on securities sold.
2
Excludes transfers to valuation reserves.
3
Excludes transfers from valuation reserves.

302

126

176

.

.

._




+.49
+.82
.17
.42
.42
.12
.24
.15
.13
.01
.10
.004
.02
.05
.07
.05
.03
.15

REPORT OF THE COMPTROLLER OF THE CURRENCY

125

TABLE N O . 30.—Summary of assets and liabilities Dec. 30, 1950, and receipts and
disbursements in year ended Dec. 31,1950, of the 20 building and loan associations
in the District of Columbia, chartered under the D. C. Code
[In thousands of dollars]
Amount
ASSETS

Real estate loans
Stock loans
Federal Home Loan Bank stock
U. S. Government securities, direct and
guaranteed
Other securities
Cash and bank balances
Real estate sold on contract
Office building, furniture and fixtures.._
Other real estate owned
Interest accrued, not collected
__.
Other assets
- - - -----Total assets

Amount
LIABILITIES

$299,703
391
4,069
8,640
80
15, 749
9
1,441
42
45
132

Investment shares, unpledged
Mortgage pledged shares
Incomplete loans.
Bills payable
Other liabilities
Total liabilities

$272,480
g
12,840
8,165
772
_

294,263

CAPITAL ACCOUNTS

Surplus fund. Net undivided profits
Reserves
_

_
_..

22,441
5,018
8,579

330, 301

Total capital accounts

_

Total liabilities and capital accounts

36,038
330,301

R E C E I P T S AND DISBURSEMENTS IN YEAR E N D E D DEC. 31, 1950
Receipts

Amount

Total capital receipts..

$99,998
427
4,241
75,047
137
48,971
9,034
2,522
11,053
251,430

Total earnings .
Cash and bank balances at beginning of
period

Grand total.

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

$131 714
532
6,469
55 505
139
42 510
4 428
2,519
11, 665
255 481

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

Amount

CAPITAL DISBURSEMENTS

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

Disbursements

12,902
7
65
100
41
546
13,661

Salaries and fees
Taxes and insurance
Rent paid
Interest on borrowed money
Dividends
Losses and depreciation charged off
Other expenses

11, 280

Total expenses
Cash and bank balances at end of period-

17,419

Grand total

1 513
371
35
6S
8,379
5C
863

-..

15, 749
282,510

282,510

NOTE.—Number of borrowing members, 44,965, nonborrowing, 138,375. Number of associations members of Federal Home Loan Bank System, 14. Number of associations with shares insured by the Federal
Savings and Loan Insurance Corporation, 13.

948358—51-




126

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 31.—Summary of assets and liabilities Dec. 30, 1950, and receipts and

disbursements in year ended Dec. 31, 1950, of the 17 credit unions in the District
of Columbia, chartered under the D. C. Code
Amount

Amount
LIABILITIES

ASSETS

Loans
Building association investments
TJ. S. Government securities
Deposits in banks
Cash on hand...
_
Furniture and fixtures
Other assets

$1,929,651
135,530
267,282
152,790
41,195
1,533
1,615

Total assets

2,529,596

Shares paid in.
Surplus fund
Net undivided profits
Reserve fund for bad debts
Bills payableOther liabilities

$2,204,853
32,753
115,267
165,056
500
11,167

Total liabilities

2, 529, 596

RECEIPTS AND DISBURSEMENTS IN YEAR ENDED DEC. 31, 1950
Receipts

Amount

Disbursements

$2,274,133
998,542
38,246
71,445
1,331, 500
865
329
6,710
609
13,102

Loans made-.Shares withdrawn
Building association shares purchased.
U. S. Government securities purchased
Bills payable
Loans charged against reserve fund
Other disbursements.

$2,677, 293
708,003
53,545

Total capital disbursements.,. -

4, 795,930

CAPITAL RECEIPTS

Amount

CAPITAL DISBURSEMENTS

Loans repaid
Payments on shares
_-.
Building association shares redeemed.
U. S. Government securities sold
Bills payable
_
Fees
Fines
Recoveries on loans to reserve fund
Depreciation on furniture and fixtures.
Other receipts
Total capital receipts

3,395
1,331,000
8,829
13,865

4,735,481
EXPENSES

EARNINGS

Interest on loans
__
Building association dividends
Other income

_%_

Total earnings

170,057

Transferred to reserve fund for bad
debts
Transferred to surplus
Cash on hand at beginning of period. _.
Deposits in banks at beginning of
period
Grand total

157,474
5,314
7,269

_

__

22,425
1,630
48,364
158,611

Salaries
_
General expenses
Interest on borrowed money
Dividends
Depreciation on furniture and fixtures

47,797
13,096
636
60,460
609

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

122,598

Grand total

5,136,568

NOTE.—Number of borrowing members, 7,375; nonborrowing, 10,021.




22,425
1,630
41,195
152,790
5,136,568

TABLE N O . 32.—Assets and liabilities of all active banks in the United States and possessions, by classes, Dec. 30, 1950
[In thousands of dollars]

Total all
banks

Number of banks

National
banks

All banks

other than
national

Banks other than national
State commercial i

Mutual
savings

Privat<

14,666

4,965

9,701

9,081

529

91

22,067,761
381, 962
2, 544, 703
1,801, 662
1,079, 965

13,401,912
196, 573
1. 228,890
725,463
523,939

8,665.849
185,389
1,315,813
1,076,199
556,026

8,571, 611
185,033
1,309,080
1,065,864
545,729

29,975
"1,332

64, 263
356
5,401
10,335
8,346

1,012,914
17,484,931
3,427,902
10,243,043
90,167
1, 503,903

370,922
5,461,071
1,146, 228
5,668,963
39, 789
901,851

641, 272
12,023,860
2, 281,674
4, 574,080
50,378
602,052

595,529
4,962,397
1.116.023
4,474; 872
50, 244
588,946

43,853
7,053,762
1,163,862
87,520
6,291

1,890
7,701
1,789
11,688
134
6,815

61,638,193
927,047

29, 665,601
388,121

31,972, 592
538,926

23,465.328
286,859

8,388,546
251,796

118, 718
271

60, 711,146

29, 277, 480

31, 433, 666

23,178,469

8,136, 750

118,447

73,188,217
8, 249,124
6,010,448
556, 973

35,691,560
4,687,048
2,468,442
175, 573

37,496,657
3,562,076
3,542,006
381,400

26,528,126
3,422,081
1,467, 759
193.246

10,867, 794
88, 244
2,072,416
180,902

100, 737
51,751
1,831
7,252

88,004, 762

43,022,623

44,982,139

31,611,212

13,209,356

161,571

2,343,064
38,892, 739
1, 241,035
33,042
103,161
235,261
676,463

1,147,069
22, 666,366
636,825
14,352
57,365
116,300
301, 713

1,195, 995
16, 226,373
604, 210
18,690
45, 796
118,961
374, 750

1,081,481
15,444, 556
493,113
12, 525
39, 260
102,105
252,841

110,554
686,359
110,131
5,697
6,536

3,960
95,458

119,512

16,856
2,397

192,240,673

97,240,093

95,000,580

72,215,562

22,384,895

400,123

ASSETS

Loansfand 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 securitiesReal 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:
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
See footnotes at end of table.




-

1,951

TABLE N O . 32.—Assets and liabilities of all active banks in the United States and possessions, by classes, Dec. 30, 1950—Continued

fcO
00

[In thousands of dollars]
Banks other than national
All banks
other than
Mutual
national State comPrivate
savings
mercial 1

Total all
banks

National
banks

91.313,759
2,871,578
8,082,174
12,109,685
1.478,555
2, 938,481

52,051, 784 39, 261, 975 39,006,063
1, 749. 729 1,121,849
1,118,984
4,869, 252 3,212,922 3,205,590
8,169,629 3, 940,056 3,924, 509
778,729
699,826
667, 273
1,713,803
1, 224,678 1,209,628

12, 973
2,586
1,255
29
4,767

242,939
279
6,077
15,518
32, 553
10,283

69,332, 926

49, 461,306 49,132,047

21,610

307,649

19,010,542
154,823
6,392
837,942
17,194
169,813

36,192,009
32,406
4,227
625,508
126,722
148,348

20,002, 449
225

29,142

6, 597
455

592
45

57,325,926

20,196, 706

37,129, 220 17,089, 715 20,009,726

29,779

176,120,158

89, 529,632

86, 590, 526 66, 221, 762 20,031,336

337,428

94, 607
270,027
1,840,016

76,644
134, 631
1,170,197

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

118,794,232

178,324,8

Total liabilities-

0.911,104

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.
i Includes stock savings banks.




47,107
62, 341
3, 560,801
6,854, 212
2,808,683
582, 721

15,102
1, 986, 548
2, 925,104
1,124,223
278,012

17,963
135,396
669,819

16,160,418
32,181
4,227
618,319
126,222
148,348

13,253
115,314
555,519

20
~I66,~309~

87,413, 704 66, 905,848 20,137,665
47,107
47,239
1, 574, 253
3, 929,108
1.684,160
304, 709

41, 664
47, 239
1, 569,106
2, 393, 294
1,039,135
219, 276

13,915,865

6,328,989

7, 586,876

5,309,714

192,240,673

97,240,093

95,000,580

72,215,562

4,690
20,082
7,991
370,191

5,443
1, 516,755
643,858
81,174
2,247, 230
22,384,895

5,147
19,059
1,467
4,259
29,932
400,123

TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 30, 1950 {includes national, State commercial,
savings, and private banks)
ASSETS
[In thousands of dollars]

U. S. Gov- ObligaOther
tions of
Loans and ernment
Population Num- discounts,
bonds,
States
obliga(approxi- ber of including tions, dinotes,
and
mate)
banks overdrafts rect and political and deguaran- subdivi- bentures
teed
sions

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
C onnecticut

_.

Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi

928,000
542,000
384, 000
4, 766,000
805,000
2,040,000

95
109
77
371
24
184

9, 465,000
15,042,000
4, 914,000
10, 648, 000
323,000
2,381,000
815,000
34,123,000
3,372,000
2,038,000
4,128,000
2,151,000
3, 500,000
2, 816,000
3,111,000
2, 214,000




234, 699
236,025
196, 853
2, 915,300
384, 611
966, 750

343, 725
250,121
106,102
3, 720, 520
514, 944
1, 507, 220

17, 766
12,090
• 13, 433
171, 239
14,112
126, 906

56,338
28,191
9,932
408, 703
54,030
188, 077

4,934, 238

6, 442,632

355, 546

Corporate
stocks,
including
stocks
of
Federal
Reserve
banks

8,963
24,944
2,179
94,095
28,162
52, 669

Currency
and coin

Balances
with other
Bank
banks, including re- premises
serve bal- owned,
ances and furniture
cash item and fixtures
in process
of collection

15,192
87, 338
65,004
7,526
43, 771
5,349
86, 870 1,087, 731
127, 257
18,165
440,194
48, 416

4,667
3,758
3,028
53, 397
13, 674
25, 888

Investments
and
other
Real assets
estate indiowned rectly
other reprethan
bank senting
bank
prem- premises
ises or
other
real
estate
621
430
83
446
15
2,205

745, 271 211,012

181, 518 1, 851, 295

104, 412

3,8

759 17,540,185 18,155, 666 1,633, 276 1, 680,979 123,924
259, 260 16,455
347 1, 627, 651 2, 612, 912 362,495
978 3, 612,955 5, 222,076 593, 463 992,438 46, 875
3,898
24, 289
72,846
280,654
191, 984
40
4,137
46, 726
93, 245
535,109 1,126,866
173
1,867
37,959
524, 678
347, 853
19
10,996

303,743 9, 588, 568
847, 323
95, 518
200, 263 2, 375, 959
106, 947
7,507
388,116
36, 760
279, 473
22, 891

289,207
56, 735
109, 805
4,066
16,011
16,177

4,145
737
5,118
333
203
415

2,316 23, 855, 737 27,922,852 2, 671, 245 3,136, 727 197,156

666, 682 13, 586, 386

492, 001

10, 951

21,139
8,163
14,125
4,649
17, 779
20,376
8,764
6,442

208
335
161
105
875
351
512
267

313
180
225
148
381
199
225
201

767, 853
291,398
681, 567
198, 869
749, 780
491, 990
430, 749
224, 775

755, 253
435, 220
603,973
258,008
517, 475
946,594
447, 883
269, 837

67, 656
31, 556
146, 592
42,023
75,122
108,417
98, 214
117,082

33, 223
12,764
62,089
15, 358
20,095
17,140
18, 288
4,763

3,170
2,224
2,390

729
2,818
2,285
1,680
704

46,063
26, 312
51, 756
20,153
37,011
41, 776
30,830
24,107

487, 859
228, 445
488, 476
180, 070
500,939
512,036
332,137
223, 991

Customers'
liability on Other
accept- assets
ances
outstanding

Total
assets

431
56
300
1,754
250
62

1,490
424
484
4
22, 353 22,192
155 2,653
140 16, 207

771,230
628, 569
381, 518
8, 584, 600
1,158,028
3, 374, 734

2,853

22, 652 43, 450 14, 898, 679

12,061 144,157 248,328 49, 724,239
393 18, 351 5, 899,429
1,599
7,092 37, 618 13, 215,996
12, 334
694, 967
1,784
3
656
702 16, 664 2, 265,093
554
2,572 1, 246,163
32
1,250
28, 454 152,379 325,317
2,067
601
334
45
123
321
805
3

168
871
200
8
255
1,684
590

4,107
2,515
8,218

924
4,846
6,623
3,422
879

73,045, 887
2,188, 766
1,039, 533
2,060, 552
721,133
1, 926, 871
2,148,164
1, 374,968
873, 440

TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 30, 1950 (includes national, State commercial,
savings, and private banks)—Continued
ASSETS—Continued
[In thousands of dollars]

Location

Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern
States
Ohio
Indiana
Illinois _
Michigan
Wisconsin
Minnesota
Iowa
Missouri

__ _

Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana

U. S. GovLoans and ernment
Population Num- discounts,
obliga(approxi- ber of including tions, dimate)
banks overdrafts rect and
guaranteed

Total
assets

35,863
108,083
17,069
34,138
39, 526

517,012
2, 473, 705
273, 696
433, 961
549, 281

13.217
67,548
4,410
9,693
20,012

351
7,002
28
87
446

827
7,320
30
85
65

4,019
13,183
1
11
709

5,800
9,194
859
2,376
3,136

1,949,728
7, 960, 635
908, 971
1, 749,156
2, 213, 586

8,903,951 1,371,410

328, 449

36,120

512, 687

7,201, 608

216,317

10, 728

12, 626

21,699

52,899

27,115, 503

406, 665
136, 572
682,466
308,175
162,569
161, 727
173.609
195,077

253, 874
60,879
382,839
159,301
91, 765
134,112
36, 458
93,350

10,833
3,522
21,161
7,049
2,734
3,295
1,612
18,246

139, 639
69,081
124, 832
98, 816
48,092
36, 700
38, 779
57,760

1, 737,540
742, 455
3, 265, 795
1, 210,633
655,389
700, 599
541,298
1, 301, 579

54,393
19,966
47, 209
36, 701
18,325
12,464
9,128
24, 569

215
119
494
364
90
635
42
1,518

11,157
335
6,722
1,180
717
4,249
2,729
464

1,228
58
6,069
188
217
609
22
1,971

19, 750
6,285
36, 726
15, 472
10.325
8,409
2,950
10, 273

8, 664, 410
3, 545, 590
13, 979, 283
6, 211, 753
3, 332,539
3,338,400
2, 533, 625
4, 910,118

4,979 12,904,052 18,960,452 2, 226,860 1, 212,578

68, 452

613, 699 10,155, 288

222, 755

3,477

27, 553

10,362 110,190

46, 515, 718

96,626
105,840
378, 384
450,991
144, 230

1,809
2,545
6,487
7,031
3,006

24
2
67
74
2

1,010
1,401
2,303
2,452
1,242

601, 649
537, 453
1, 466,969
1, 803,972
611,041

42,170,000

3,855

8,447,009

8,075,000
3, 998,000
8,853,000
6, 475,000
3,490,000
3,031,000
2,663,000
4,019,000

662
490
891
439
556
681
660
600

2, 504,369
864, 313
3,400,936
1,681,495
895,169
1,072, 519
811, 644
1,673,607

3, 524, 747
1,642,005
6,004,034
2,692,379
1,447,147
1,203,082
915, 354
1,531,704




Customers'
liability on Other
accept- assets
ances
outstanding

2,706
10,617
870
2,019
3,908

165
904
232
385
297

630,000
663,000
1, 347,000
1,936,000
601,000

Real
Bank
estate
premises owned
owned, other
furniture than
and fix- bank
tures
premises

11,529
70, 793
10, 863
32,152
19,392

2,727,000
7,836,000
1,940,000
2,992,000
3,345,000

40, 604,000

CorBalances
porate
with other
Obligastocks,
banks, intions of
Other includcluding reStates
bonds,
ing Currency serve baland
notes, stocks
and
coin
ances and
political and deof
cash items
subdivi- bentures Federal
in process
sions
Reserve
of colbanks
lection

Investments
and
other
assets
indirectly
representing
bank
premises or
other
real
estate

lio"
169
418
612
110

488,397
2,536,532
203,066
555,873
826,160

126, 531
145, 819
403, 858
535,308
142,830

713,838
2,351,387
336,881
635,928
631,674

326,055
243,430
563, 298
628,308
281,179

* 156,169
305,271
61,198
42, 833
119, 277

30,524
22,217
72,933
127, 840
17,665

11,531
9,009
24,174
28, 733
11,820

558
390
1,515
1,744
522

6,981
6,800
13, 933
20, 996
8,545

2
495

15

00
O

Wyoming
Colorado
New Mexico
Oklahoma

53
153
51
386

77, 702
373,382
118, 276
512, 721

113, 563
515, 739
129,044
623, 732

10, 223
32,559
11,031
122,882

2,440
15,816
973
20, 719

275
1,469
442
2,385

4,701
17,604
7,992
24,476

77, 720
336,321
111, 595
548, 689

1,697
4,049
2,352
8,256

20
95
335
75

150
3,327

5
70
127

293
3,294
437
3,116

9, 780,000 2,102

2,436,427

3, 424,348

447, 874

125, 215

9,300

112,028

3,974

217

295,000
1,347,000
692,000
2,269,000

288,634
1, 300,333
382,697
1, 870, 505

2,250, 396

37, 232

694

15, 548

8,863, 253

2,417,000
1,546,000
10, 757,000
598,000
700,000
163,000
762,000

121
71
202
43
55
8
11

804,318
790, 381 160, 845
523,040
536, 903 115,310
5,808, 630 5, 277, 673 792, 602
176,983
178,457
11,940
234,380
211, 590
23,894
58,631
86,015
7,213
202,782
159,081
21,226

60, 300 2,306
14, 882 1,722
335, 339 28, 588
1,004
460
3,636
656
3,194
178
11,719
487

32, 743
478, 268
17,187
305,117
119, 759 2, 619, 924
6,911
89, 874
6,939
145, 809
3,775
29, 350
10,977
88,145

17,025
16,012
110,015
3,653
3,662
1,645
6,182

478
47
1,275
47
88
127
842

491
339
4,699
41
330
5,634
25, 998 20, 402 53,034
211
914
632
750
2
2,138

2,352,193
1, 536, 225
15,193, 239
469, 540
632, 200
190,878
503, 581

Total Pacific States,, 16, 943,000

511

7,808, 764 7, 240,100 1,133,030

430,074

198, 291 3, 756, 487

158,194

2,904

27, 446 21,071

20, 877, 856

Total Western States_
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total United States
(exclusive of pos-

34,397

67,098

153,085,000 14, 623 60,386, 227 72, 894, 335 8, 205, 965 5, 978, 314 556, 437 2, 284, 905 38, 801, 460 1, 230, 911 32, 554 102,908 228, 380 614, 502 191,316, 896

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii- _ Puerto Rico
American Samoa
Virgin Islands of the
United States

111, 000
45,000
45,000
482,000
2,229,000
19,000
27,000

11
1
2

Total possessions

2,958,000

43

20

0)
(
\

24,686
897
1,433
166, 702
129,858
25

36,033
3,785
158, 476
91,901
1,119

1,318

2,568

324,919

293, 882

850
16, 871
25, 273

2,323

2

5,705
24,085

534

165

21

43,159

32,134

536

6,355
2,468
1,244
24, 747
23,043
74

19,573
766
63
48, 721
21, 356
251

623
18
1
5,323
4,147
1

228

549

11

58,159

91, 279

10,124

46
223
219

488

255

255

210
16,995
17, 301
1,805
19
6,862 25,587
9

90, 701
24,929
20,042
429,126
352,586
1,479

54

4,914

61,961

923, 777

6,881

Total United States
156,043, 000 14, 666 60, 711,146 73,188, 217 8, 249,124 6,010, 448 556,973 2, 343,064 38, 892, 739 1, 241,035 33,042 103,161 235, 261 676, 463 192, 240, 673
and possessions

o
o
o
ft

o

1 Four branches of 2 American national banks.
Two branches of an American national bank.

2




CO

TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 30, 1950 {includes national, State commercial,
savings, and private banks)—Continued
LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_

_ _ _ _ _

Total New England States.
New York
New Jersey
Pennsyl vania
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

Total
deposits

256, 586
166,901
102,818
3, 649,893
479, 835
1, 301, 233

429, 798
389,048
237, 906
4, 041, 654
564,168
1, 746,379

686,384
555,949
340, 724
7, 691, 547
1,044,003
3, 047, 612

5, 957, 266

7, 408, 953

13,366, 219

Bills pay- Acceptances
executed
able, reby or for
discounts,
a n d other account of
reporting
liabilities
banks and
for
outborrowed
standing
money

Other
liabilities

Capital
stock *

Surplus

Reserves and
retirement
account for
preferred
Undivided
stock and
profits
capital
notes and
debentures
23,839
22,119
8,757
272, 724
12,084
88,610

615

4
25, 783
179
140

3,499
1,775
2,221
58,564
13, 865
24, 461

16,692
7,646
15, 624
112,083
21,170
46,182

36,946
34,904
9,946
391,169
61, 236
160, 530

1,832

26,106

104, 385

219, 397

694, 731

428,133

57,876
88, 525
26, 718
37, 745
13,144
8,487
2,825

552
50
615

3,318
6,126
4,242
32,115
5,491
6,584

28 290,452
2,839,873
7, 706, 207
444, 562
1, 252, 962
935, 423

16 102,446
2.615,063
4,199, 368
178, 587
819, 738
226, 689

44 392,898
5, 454, 936
11, 905, 575
623,149
2, 072, 700
1,162,112

77, 255
650
3,316
82
175

166, 480
393
7,992
3
702
32

859, 712
34, 575
71, 563
3,986
13, 476
7,510

872, 819
110,846
319, 205
12,229
35, 305
22, 250

2,416,185
207, 258
695, 564
33,205
84,001
38,820

850, 365
64, 053
175, 036
9,169
50,247
12, 614

41, 469, 479

24,141,891

65,611, 370

81,478

175, 602

990,822

1, 372, 654

3, 475, 033

1,161, 484

177,444

1, 381, 638
694,456
1, 504, 469
584, 432
1, 462, 597
1, 644, 316
1, 013, 786
683 862
1, 552 846
6, 806, 044
747,363
1, 390, 046
1, 601, 525

633,139
255, 346
394, 605
87, 938
316, 949
364, 008
257, 526
133, 049
282, 591
664, 540
99, 730
227,136
459, 806

2, 014, 777
949,802
1,899,074
672, 370
1, 779, 546
2, 008,324
1,271,312
816, 911
1,835,437
7,470, 584
847,093
1,617,182
2, 061, 331

750

168

663

200
140

871
200
8
255
2,471
590
4,919
13, 789
1
11
709

14,172
4,286
25, 552
4, 013
17, 624
9,955
7,626
2,334
7,849
30, 961
2,005
7,784
13,047

51,830
26,500
30,180
15,851
41,131
4?, 189
28, 866
16, 331
31, 663
166, 282
19, 357
38, 732
44, 652

69,642
41,198
73,145
19,405
54,164
58, 443
40, 088
34,193
47, 976
173, 354
22, 915
60,268
60, 988

27, 569
13, 592
21,606
7,225
20,676
19,164
19, 799
1,386
19,319
80,125
14, 724
21, 324
26,947

9,858
4,155
9,461
2,069
13, 582
8, 716
4,806
1,110
2,565
25,540
2,876
3,655
5,772

21, 067, 380

4,176, 363

25, 243, 743

2,596

23, 992

147, 208

554, 564

755, 779

293, 456

94,165

140
118
585

CO
fcO

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
sessions)
Alaska
Canal Zone (Panama)
Guam
-- - _The Territory of Hawaii
Puerto Rico
_ __ _
.
American Samoa
Virgin Islands of the United States
Total possessions
Total United States and possessions

--__ .
-

_. _
_.

pos-

106
500

1,228
58
6,694
188
217
609
22
2,180

51, 955
14, 639
92, 260
46,871
9,427
22, 024
3,667
27,150

163, 504
62, 542
282, 021
106, 689
66, 634
58, 912
46, 598
105,141

255, 480
92,883
357, 929
149, 957
79,190
105, 038
63, 844
108, 253

90, 384
43, 443
119, 660
61, 370
48,861
34, 558
40, 777
73, 931

18, 227
9,722
82,857
17, 329
10, 764
18,060
10, 473
8,957

1,437

11,196

267, 993

892, 041

1, 212, 574

512, 984

176,389

70

5
70
127

2,127
1,794
3,276
4,005
2,414
993
5,759
802
7,302

10, 537
9,333
30,820
36, 478
10,007
3, 842
22, 307
8,540
38,148

10, 959
11, 264
31, 378
44, 079
9,945
7,739
33, 909
7,586
45, 075

9,880
8,875
19, 428
28, 732
6,087
3,692
16, 949
950
36, 579

4,377
1,687
6,289
2,989
823
880
4,776
3,876
5,902

287

28, 472

170, 012

201, 934

131,172

31, 599

359
484
25,120

11, 766
9,933
256, 502
2,379
4,206
1,409
5,686

37, 360
25, 545
322, 203
9,370
12, 277
2,413
8,535

59,194
38, 945
353, 826
9,543
14, 423
4,378
12, 403

29, 229
24, 514
197, 954
4,390
9,741
4,084
4,563

14, 518
496
19, 356
873
1,862
15
1,648

25, 963

291,881

417, 703

492,712

274, 475

38,768

263,146

1,830, 761

3, 626, 371

6, 832, 763

2,801, 704

576, 241

1,465

2,010

1,461

836

19
6,862

107
3
21
1,626
7,460

11,317
30, 896
50
150

12,206
7,068
65
100

3,951
1,461
20
86

4,695
848
4
97

4,888

6,881

9,255

43, 878

21, 449

6,979

6,480

94, 607

270, 027

1,840, 016

3, 670, 249

6, 854, 212

2,808, 683

582, 721

5, 213,170
2, 393, 327
9,860, 704
3, 618, 704
1, 875, 304
2, 082, 624
1, 842, 046
3, 878, 501

2,869, 763
928, 946
3,177,151
2, 210, 550
1, 242,142
1,016, 575
526, 092
705, 505

8, 082, 933
3, 322, 273
13, 037,855
5, 829, 254
3,117, 446
3, 099,199
2, 368,138
4, 584, 006

30, 764, 380

12, 676, 724

43,441,104

404, 510
414,806
1, 235, 501
1, 517,883
484,104
225, 789
991, 944
313, 999
1, 604, 837

159,189
89, 694
139, 529
169, 616
97, 661
45, 699
224, 434
46, 853
131, 353

563, 699
504, 500
1, 375, 030
1, 687, 499
581, 765
271, 488
1, 216, 378
360, 852
1, 736,190

733
190

15

250
21
1,182

7,193, 373

1,104, 028

8, 297, 401

2,376

1, 472, 780
1,037,415
8,123, 689
338, 096
409,474
116,863
371, 417

726, 987
398, 893
5, 894, 589
104, 889
180, 217
61, 716
99, 329

2,199, 767
1, 436, 308
14, 018, 278
442, 985
589, 691
178, 579
470, 746

11,869,734

7, 466, 620

19, 336, 354

118, 321, 612

56, 974, 579

175, 296,191

59, 770
22, 551
11,480
203,190
172, 384
973
2,272

25, 052
2,375
8,541
191, 992
120, 849
367
2,171

84, 822
24, 926
20, 021
395,182
293, 233
1,340
4,443

472, 620

351, 347

823, 967

118, 794, 232

57, 325, 926

176,120,158

699
30
7
95

89, 719

130
4,758

38

i Includes capital notes and debentures. (See classification on pp. 136 and 137.)




CO

TABLE NO. 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. 30, 1950 {includes national, State commercial,
savings, and private banks)—Continued
CO

[In thousands of dollars]
Loans and discounts

Location

Loans to
Commer- farmers
cial and directly
Loans to
industrial guaranOther
brokers
loans (in- teed by loans
to
and
cluding the Com- farmers dealers
in
modity
opensecurities
Credit
market
Corporapaper)
tion

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

59,663
35,539
18,717
871,539
109,650
179,686

109

166
12

8,621
2,498
10,726
5,284
915
5,030

26,427
737
2,625

Other
Real-estate loans
loans for
the purpose of
All other
Other
purchas- Secured
Secured
Less
loans to Loans to loans (ining or
Total
by
resicluding gross
by
farm
individuals
carrying land (in- dential
Secured (consumer banks
loans valuation
overreserves
stocks,
by other
drafts)
cluding properties properties
loans)
bonds, improve(other
and
than
farm)
ments)
other
securities
1,887
1,602
3,346
31,962
2,983
8,513

4,629
2,882
15, 553
7,853
1,873
6,187

100.758
156,944
103,421
1,305,374
173,195
552,611

16,746
8,334
16,915
299,861
39, 746
66,855

38,977

2,392,303

448, 457

649, 503

3,222

39,748 5,606,338 1,030,961
778,866
7,389
118,813
964,766 211,100
49,825
7,301
61,920
16,888
162,702
46,831
18, 713
29,803
180
85,683

1, 590,969
365,169
782, 201
38,074
121,165
96,069

70,318

1, 274, 794

113

33,074

29,967

50,293

7,242, 247
330, 494
1,451,797
58,496
130,799
119,142

626
81
417
163
683

61,198 1,472,116
9,646
4,937
48,622
41,001
3,193
2,275
2,330
10,298

2,489

351,638
17,570
54,402
2,559
29,865
4,257

Total Eastern States. 9,332,975

1,970

132,966 1,525,148

460,291

123,156

2,369
91
4,375
578
5,440
1,498
3,295

9,632

184,304

935
2,904
9,973
1,729
1,287
3,696

22,916
3,271
17,364
19,313
8,111
5,829
3,974
73,432
1,502
11,840
16,382

29,351
10,855
22,436
6,174
21,942
7,116
14,837
14, 549
11,434
27,638
10,780
48,403
30,955

38,170

200,234

256,470

New York....
New Jersey
Pennsylvania—_
Delaware
Maryland
District of Columbia..
Virginia;
West Virginia-_.
North Carolina .
South Carolina_
Oeorgia.
__
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky

214,840
55,089
283,399
74,328
316,453
193,127
154,957
87,929
231,365
1,321,254
64,706
170,885
388,163

7
216
471
107
187
107
127
46,523
550
458
536

29,336
6,269
16,450
7,720
22,332
13,873
29,099
21,981
16,095
220,203
24,042
50,118
37,477

Total Southern States 3, 556,495

49,953

494,995




664

7,660,275 1,454,396

40,647
25,687
26,988
356,314
48,608
151, 259

304
25
2,428
"""465"

300

3,463
3,029
2,647
50,061
11,865
8,331

236,993
236,552
198,313
2,957,103
389, 572
981. 566

79,396

5,000,099

234,699
236,025
196,853
2,915, 300
384,611
966. 750

65,861

4,934, 238

391,362 17,540,1S5
25, 288 1,627,651
60,402 3,612,955
618
191,984
4,091
535,109
2,644
347,853

484,405 23,855,737

2,993,647

70,624

584,694 24,340,142

81,837
31,342
110,269
70,856
71,375
26,013
56,610
154,901
27,601
86,398
83,932

229,943
87,042
210,929
55, 526
206,602
140,880
116,479
52,480
!16,157
562, 469
58,236
141,921
218, 554

582
100
1,229
2
2,273
500

26,678
774,728
4,488
295,062
10,710
691,197
8,586
201,112
22,291
756,654
17,930
496,136
J 5,845
437,002
5,290
227.790
24,109
494,632
65,309 2,560,539
3,306
204,366
19,809
562,640
21,728
835,906

1,084,119

406,163

2,197,218

7,8

2,294
527
1,460
41,803
4,961
14,816

465,388 17,931, 547
19,974 1,652,939
3,673,357
192,602
1,733
539,200
15,808
12,865
350,497

47,029
25, 779
36,909
13,369
31,217
30,936
22,817
12,642
30,500
78,677
11,874
31,151
33,263

35
1,357
160
40
370
1,220

Net
loans

246,079

8,537,764

767,853
6,875
291,398
3,664
681,567
9,630
198,869
2,243
749,780
6,874
491,990
4,146
430, 749
6, 253
224, 775
3,015
488,397
6,235
24,007 2, 536, 532
203,066
1,300
555,873
6,767
826,160
9,746
90,755

8,447,009

758,273

Ohio.—

219,741
Indiana
1,902,239
Illinois
404,128
Michigan
257,440
Wisconsin ___
307,190
Minnesota
157, 559
Iowa
637,896
Missouri
Total Middle West4,644,466
ern States
15,343
North Dakota
22,007
South Dakota _
110,843
Nebraska
119,116
Kansas
25,915
Montana
15,836
Wyoming
Colorado. _._
New M^exico

_

112,797
35,418

230,639
Oklahoma
_._
Total Western States. 687,914
302,168
Washington
185,053
Oregon
1,796,279
California
45,345
Idaho
59,403
Utah
8,049
Nevada .
63,537
Arizona
Total Pacific States. _ 2, 459,834
Total United States
(exclusive of pos<
21,956,478
sessions)...
11,046
Alaska
766
Canal Zone (Panama)
Guam
1,013
37,131
The Territory of Hawaii—61,212
Puerto Rico
American Samoa
Virgin Islands of the United
States
115

Total possessions _ _ 111, 283
Total United States
22,067, 761
and possessions




489
79
112
45

5,510
2,241
5,351
707
40
14,554
32,174
13,198

63,559
67,660
157,054
56,257
66,882
121,202
242,949
131,501

40,948
1,254
110,572
8,228
1,149
2,693
1,152
8,462

104,127
8,014
92,213
20,251
10,661
10,400
6,166
25,620

80,281
49,179
35,665
40,464
55,027
49,706
58,694
40,245

725,816
269,944
405,826
610,549
271,973
279,778
153,350
372,896

134,838
49,355
91,010
100,329
69,146
45,942
34,320
82,928

561,813
194,686
546,564
425,997
141,037
199,601
122,882
335,559

5
304

73,775

907,064

174,458

277,452

409,261

3,090,132

607,868

2,528,139

1,116

36,383
12,525
30,357
56,009
23,412
2,973
12,116
2,470
14,347

28,657
52, 585
146,826
165,813
27,885
19,988
93,6.75
21,083
77,850

5
43

855
725

1,416

6,531
4,190
961
750
2,153
1,449
2,469

4,231
4,327
10,133
20,328
2,805
1,894
4,882
2,237
10,893

17, 512
26,214
26,165
57,825
26,058
18,588
45,804
21,904
38,068

4 082
5,048
10, 514
12,586
5,791
5,149
18,502
5,396
16,204

20,196
23,791
50,805
90,296
30,707
12,754
77,426
28,658
115,392

190, 592

634,362

5,710

20,083

61,730

278,138

83,272

450,025

25,307
24,207
2,653
11,934
1,244

1,797
283
25,172
66
773

4,984
2,890
33,646
1,831
6,789

14,685
9,267
79,774
4,016
7,424

214

26,788
26,214
179,768
29,091
23,660
4,358
31,813

50

361
380

2,618

210, 539
123,315
2,357, 542
44,772
64,209
24, 211
55,848

56,854
27,265
286,740
10,426
17,934
6,019
3,190

153,432
119,995
979,866
28,220
47,435
14,338
45,931

65,559

321,692

28,141

50,881

118,765

2,880,436

408,428

1,389,217

1,310
1,949
987

981

381,962 2,524,153 1,801, 594 1,059,234 1,008,359 17,385,403 3,408,584 10,207, 749
10

6,342
14,188

5
63

10

20,550

68

2,541, 521
874,331
3,451,180
1,699,645
909,267
1,084,399
818,827
1,686, 270

351, 709 13,065,440

46,659

2,459,028

22,601

2,436,427

g

6,779

16,356
7,751
144,245
3,235
7,719

8,592
3,200
83,834
1,953
2,222

503
346

812,910
526,240
5,892,464
178,936
236,602
58,823
203,927

1,145

804,318
523,040
5,808,630
176,983
234,380
58,631
202,782

2
3
o
tr1
f
W
W

180,155

7,909,902

101,138

7,808,764

O

926,148 60,386,227

W

12
3

6,794

90,167 1,488,692 61,312,375

315

1

1,318

19,318

35,294

15,211

325,818

29

20

19,609
1,100

876
2,766

73,239
17,867

13,015
2,758

6

112

631

20,731

3,835

99,528

381,962 2,544,703 1,801,662 1,079,965 1,012,194 17,484,931 3,427,902 10,243,043

O

126,531
^
145,819
^
403,858
S
535,308
142,830 H3
77,702 hj
373,382
5
118, 276
512,721
o

543

26

128

1

161,388 12,904, 052

1,473
14,966
9,592
1,782
365
7,451
1,342
8,854

303
214

38
1
4,631
10,532

3,397

&

1,567
2,919
4,895
2,610
2,486
595
2,437
1,681
3,411

25,111
897
1,433
166,712
130,322
25

7,762

2, 504,369
864,313
3,400,936
1,681,495
895,169
1,072, 519
811,644
1,673,607

37,152
10,018
50,244
18,150
14,098
11,880
7,183
12,663

128,098
148,738
408,753
537,918
145,316
78,297
375,819
119,957
516,132

834

2,792
93
369
11,864
19,836
25

80

16

26
56

65,867
12,178
104,574
32,690
35,886
53,277
9,576
37,661

8

90,167 1,503,903 61,638,193

192

425

24,686

-

10
464

'897
1,433
166,702
129,858

2
S
2
S

25

§
^

899

1,318
324,919

927,047 60, 711,146

H-i
CO

TABLE N O . 33.—Assets and liabilities of all active banks in the United States and possessions, Dec. SO, 1950 {includes national, State commercial,
savings, and private banks)—Continued
[In thousands of dollars]
Demand deposits

Capital
Location

Capital
notes
Preand
ferred
deben stock
tures

Maine
New HampshireVermont
Massachusetts...
Rhode Island
Connecticut

5,143

50

Total New England
Stt
New York
New Jersey
Pennsylvania _
_
Delaware
_
Maryland
District of Columbia.

212
11
1,892
1,063

5,143

3,228

34,567
300

11,341
15,826
1,486

192

670

Total Eastern States... 35, 059
Virginia
West Virginia._.
North Carolina_
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States..




240

100
10
10
197

711

U.S.
Government

212,498
16, 480
131,182
7,635
86, 628
8,589
111,020 2,840, 444
400, 789
21,170
46,132 1,104,150

9,025
5,464
3,186
98, 075
14,108
45, 288

20, 219
16, 271
8,302
266, ^50
40,935
66,319

8,145
7,289
1,622
320,233
10, 947
43, 271

33, 555
1,904
32

175,146

418,496

400, 507

35, 510

593, 680
87,073
221, 784
20,159
33,692
22, 780

729, 472 3,415, 608 1, 204,853
278,345
59, 978
649
276,245
672, 263
18, 271
22,857
4,469
112, 510
107, 566
1,604
212
57, 725
4,782

211, 026

4, 775, 691

826,911 21,137,614
94,720 2,334, 544
317, 719 6, 400,096
387, 707
12, 229
984,265
34, 443
825, 844
22,250

29,323 1,308,272 32,070,070
1,025,359
513,460
1, 091, 744
479, 520
1,078,436
1,220, 513
783,223
502, 696
1,012,910
4,971, 719
591,222
1,086,333
1,094,477

44
9
1,436
305
200
167
505
330

50, 578
26,260
29, 805
15, 663
41, 065
43,145
28,757
14,885
31, 348
165,885
19,190
38,227
44, 322

4,723

549,130 15,451, 612

1,252
375
100

Banks Certified
and
in
foreign cashiers'
checks,
countries
etc.i

Individuals, partnerships,
and corporations

Common
stock

States
and
political
subdivisions

Time deposits

Banks
in
United
States

19

Individuals, partnerships,
and corporations

U. S.

Government

Postal
savings

427,360
6,695
387,849
3,080
235, 834
82,136 4,031,778
11,152
562,388
42,173 1, 744,106

450
943
239
3,040
538
1,402

6
20
3
134
151
50

1,982
236
1,787
6,634
262
801

43
68
829
20

6,612

364

11, 702

960

151,916

7,389,315

, 209, 22515, 576, 823 46,117
79,284 2, 563, 486 6,140
117, 548 4,062,135
604
9,370
159,634
365
13,325
812, 835 4,846
24, 080
207, 906 6,000

267,976

22
1,230

94, 051 117, 479
44,892
545
134, 471 1,434
18, 588
2,010
25
553

64,072

1,976

294, 565 119,483

278,976

581, 004 14,142
252, 548 1,504
346,043 4,124
85, 046
612
311, 001 3,398
353,359 2,435
253,430 2,577
131,844 1,205
274, 760 1,747
555, 083 11,154
97, 925
263
222,613 2,770
439,187 2,990

349
280
160
14
698
377
32

37, 046
551
43, 572
841
1,263
7,192
297

598
463
706
1,425
589
645
1,190

468
413
65
21
223

4,621
94,609
1,357
1,639
15, 567

995
3,281
120
93
1,839

3,100

208, 555

11, 944

979,168 1,419, 641 4, 317,609 1, 230,159 1,452,832 23,382,819
30,122
30,290
32, 955
11,469
31,463
22,857
20,075
9,997
22,235
89,363
9,546
23,475
25, 634

188, 939
106, 709
43,023
81,131
113, 548
242, 574
63, 574
21,883
130, 418
206,321
223, 462
153,375
121,764
78,454
102, 672
63,210
271,240
223,486
544,182 1, 037,204
70, 873
70,046
104,035
162,892
148,345
317,611

359,481 2,081,953 2,809,018

367
58
42
2,484
295
7,104
11, 683
36
393
• 22,462

30,142
26, 552
23, 590
7,986
15, 917
21, 625
9,975
5,287
15, 871
151,893
5,676
13, 275
15,065

States
Banks Banks
in
and
in
foreign
political United
counsubdivisions States tries

342,854 3,903,843

48, 921

11,000

CO
O

Ohio
Indiana
Illinois
_
Michigan
Wisconsin.
Minnesota
Iowa
Missouri

728
1,867
238
"

_ _. __

1,990
43

__

885

3,775
55
1,549
5,073
1,835
1,130
1,352
405

5,751

15,174

871,116 23, 675, 247

87
115
29

9

10, 441
331,110
9,218
349,856
30, 724
958, 963
36,399 1,106,179
9,895
386,155
3,596
173, 721
22, 307 - 801, 564
8,504
237, 491
38,143 1,180,326

Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana .__
Wyoming
Colorado
New Mexico _
Oklahoma

25

36
5

Total Western States...
Washington
Oregon __
California
Idaho
Utah
Nevada
Arizona

67
79
87
246

349,321
129 731
1,300, 655
197, 571
153,464
325 878
138, 919
805,627

6,199
106
48, 727
5 671
764
2,369

913,795 2,187, 855

3, 401,166

68, 888

7,823
6, 787
24,949
22,330
12,331
2,438
18, 797
7,658
25,957

49, 886
43,175
72, 439
279, 872
47,144
33, 247
68, 883
50, 069
199,016

12,498
11,733
168,132
94, 897
32, 635
12, 575
89, 923
13,312
176, 545

340
431
112
120
153
237
103
115

155,819
306
141, 240
18, 653
3,976
7,046
493
7,296

784
1,170
360
355
462
675
156

517,429 12,311,148

22,174

1,611

334,829

3,962

111,269
86,336
139,392
166, 625
97, 069
45,274
222, 822
43, 619
119, 968

546
1,041
60
1,730
80
385
1,201
2,892
2,505

7
9
28
63
4
23
341
111

47, 352
2,308
47
1,165
498
17
399
1
7,586

15

428

3,193
3,255
11,013
14, 605
5,839
3,808
12, 725
5,469
22, 565

1,183

5

52

3,000

3,000

2
33
10
12

129,070

843,731

612, 250

485

82, 472

1,032,374

10, 440

586

59, 373

1,255

80, 017
39, 711
379, 635
6,974
48,090
715
5,922

722,134
392, 207
5, 359,000
103,092
178,261
58, 988
99,182

4,323
48
20, 040
649
535
1,645
125

36,180

20

89
6,464
473, 555
47
321
1,083
2

426
159
5,567
90
70

1,124

19,414
25, 045
312,110
4,048
4,544
2,134
8,459

15
15
247
1,011
1,030

700

124, 453
111,091
650, 091
54, 915
56, 810
18, 638
45, 965

3,317
1,087
112,511

82

8,399
55
110

34, 614
19, 738
178,186
6, 573
5,300
2,188
5,407

187

9,264

408, 252

9, 500, 906

252,006 1, 061, 963

561,064

118,041

375, 754

6, 912, 864

27, 365

2,338

481, 561

6,312

36,180

9,975 1,390,585 143, 916

318,156

47,107

6, 636
11, 672
3,754
30, 234
10,088
295

100

50

1,283

233

747

1

Total possessions

100

43, 778

314,868

62, 912

68, 535

8,071

11,317
30,896
50

47,107

2

62,241 3,517,023 90, 998, 891 2, 808, 666 8,013, 639 12,101,614 1, 475, 545 2, 923, 257 54,932,363 179,584
1,465

45, 755
10, 681
4,739
130,497
121,275
638

5,061
2,924
36,804
22, 999

1,382
7
2,573
4,108

455
2,453
37

936
126
63
2,627
11,461
3
8

2,097

3,010

15, 224

270,188

65

18,406
2 375
7,539
188,115
51,289
367

5,760

22

864

1,660
225

587
35

1,002
1,630
69, 300
69

5

7,645

644

72, 865

5

62,341 3, 560,801 91, 313, 759 2,871, 578 8, 082,174 12,109, 685 1,478,555 2, 938, 481 55,202, 551 187, 229

Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




3,022
3 564
3, 873
2 074
5,302
64
2,575
1,700

5, 525, 365

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the United
States

1

2, 709, 798
923, 475
3, 028, 566
2,189,348
1,232,249
1, 008, 553
522, 921
696, 238

1, 210, 965
840, 743
6,491,156
265, 586
294, 728
93,188
304, 540

_

Total United States
and possessions

5,052

131, 656
48, 812
127, 486
61,735
43,391
35, 855
32, 250
36, 244

37, 294
25, 506
313,804
9,315
12, 085
2,413
7,835

_ _

Total United States
(exclusive of possessions)

327, 783
314 867
501, 535
287,090
109,000
169,118
217, 975
260, 487

164,068
63 327
271,315
163,165
64,069
68,405
46, 268
73,178

169, 227

66
39

Total Pacific States

4, 234,143
1,836,484
7, 610, 986
2, 903,472
1, 504,616
1, 480, 999
1,406,634
2, 697, 913

529

256

__

159,001
60, 620
280, 234
101,616
62, 809
57, 739
45, 246
103, 851

10, 619 1,463,450 143, 916

318,161
CO

and liabilities of active national banks, Dec. 80, 1950

TABLE N O . 34.—

CO
00

ASSETS
[In thousands of dollars]

Location

U. S.
Loans and GovernNum- discounts,
ment
berof including securities,
banks overdrafts
direct and
guaranteed

Obligations of
States
and
political
subdivisions

77,204
91,046
73,006
68, 726
54,297
49,500
1,126, 524 1, 213,382
97,625
111,384
228, 553
337, 087

9,273
9,108
6,232
118,071
4,724
69,704

Maine
New Hampshire
Vermont—
Massachusetts
Rhode Island
Connecticut
Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern S t a t e s Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
_
Total Southern States..




32
51
39
116
7
47

292 1,657,209
376
205
627
13
61
9
1,291
132
74
46
25
51
62
70
24
36
442
52
92
72
1,178

Balances
with other
Other Corporate
banks,
stocks,
bonds, including
including
notes, stocks of Currency reserve
and
balances
Federal and coin and
deben- Reserve
cash
tures
items in
banks
process of
collection
11,829
5,851
4,005
70, 767
6,434
20,184

631
444
318
6,127
714
1,402

Investments CustomReal and
Bank
other
ers'
estate
premises owned
assets
liability
owned,
indirectly
other represent- on acceptfurniture
than
ances
ing bank
and
bank
fixtures premises premises outstanding
or other
real estate

5,498
5,356
2,525
43,087
5,618
17,831

43,863
50,240
28,103
752,670
56,428
209, 911

1,063
1,820
1,501
25,643
2,258
8,940

79,915

130
23
35
28

273
56
23
358

377

62

22,082
136
140

Other
assets

Total
assets

480
106
233
12,307
691
1,421

241,290
214,736
146,772
3,391,046
286,012
895,612
5,175,468

1, 871,125

217,112

119, 070

9,636

1,141, 215

41, 225

593

772

22,358

15,238

4, 659,990 4, 774, 696
694, 531 1,208,498
2,114,115 3,115, 282
15, 061
19, 451
174, 224
376, 871
183, 547
348, 876

861,922
185, 658
365, 004
1,489
18.390
4,025

521, 799
85, 588
382,380
1,369
17,194
25,141

42, 875
4,393
19, 262
144
1,251
968

90,307 3, 527, 216
47,333
447, 531
118,020 1, 584, 628
922
7,624
12, 935
188,940
12,905
173,098

86, 672
23,616
61,336
547
5,174
7,452

772
335
889
5
71
288

1,754
1,343
4,867

44,639
76
5,320

519

558
32

93,429 14, 706,071
7,613
2, 706, 515
18, 894 7, 789,997
34
46,646
1,940
798,067
1,101
757,433

7, 841,468 9, 843, 674 1,436,488 1,033,471

68,893

282,422

5,929,037

184, 797

2,360

8,483

50, 625

123,011

26,804, 729

21,844
7,462
6,212
9,737
17, 965
15,169
16, 251
1,307
8,638
58,307
7,047
14,728
14, 501

2,071
1,001
756
558
1,514
2,024
1,498
373
2,039
8,164
701
1,096
2,491

24,518
295, 226
13,259
129,146
11,708
144.327
11,078
110,460
15,006
296,005
24,069
376, 748
20,182
251, 296
62, 228
5,243
353,287
16,462
75, 816 2,046,908
141, 632
7,184
172, 742
13, 852
418,149
24,209

11, 772
4,704
4,442
3,286
9,924
13,919
6,942
2,039
10,498
53,706
2,202
4,873
14,081

122
170
28
42
468
229
350
21
308
5,734
9

684

163

2,423
793
1,129
622
2,130
5,011
2,969

1, 262,009
557, 565
545,608
454,961
1, 085, 043
1,458,362
1,049,036
235,487
1,340,751
6,467, 275
481, 946
699,365
1,605,776
17,243,184

420, 268
441, 863
145, 219
238,723
172, 682
175,023
133,009
169,109
421,882
270,987
317,872
629, 876
329,132
341, 485
57, 767
75, 582
331,320
531, 002
2,071,460 1, 891, 789
113,498
171, 917
199,491
268, 817
595, 765
454, 949

41,055
17, 088
28986
17, 017
49,162
72,939
76,646
30, 710
77, 626
227,491
37, 225
22, 561
78, 810

5,309,365

777,316

5, 661,122

199,168

24,286

262, 586

4, 798,154

142,388

~304
269
601

237
1,684
13,101
1

138

570
6,967
30
41
41

310

217
5,001
7,832
500
1,157
2,332

7,626

9,257

19, 800

32,116

4,000

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)

241
125
384
78
95
178
97
79
1,277

1, 084, 020 1, 680, 656
435, 558
894,015
2, 579,152 4, 291,101
801, 795 1,452, 492
344, 644
722,132
696,367
771, 227
226,495
302,387
628,164
625, 020

77,184
37, 215
254, 419
107, 222
58,423
79, 890
19,092
40,160

5,907
2,483
14, 903
4,082
1,900
3,180
1,025
2,955

6, 796,195 10, 739, 030 1, 095, 247 673, 605

36, 435

46
258
47
3
498
22
231

855
6
693
1,160
1
3,864
1,236
304

1,142
12
5,510
8
130
580
1,030

7,857
4,043
25,902
10,196
5,887
6,612
1,623
3,809

8,119

8,412

65, 929 26, 098, 583

4, 025, 022
1, 956, 250
10,169,114
3, 266, 203
1, 600, 230
2, 258,360
863,452
1, 959, 952

119, 594

1,105

10,303
11,417
59,422
63,488
8,087
7,031
26,437
7,826
99,319

5,676
7,078
20,317
26, 767
5,538
1,936
14,387
823
19, 048

293
304
1,225
1,412
304
219
1,214
397
2,308

3,393
3,440
9,172
10,477
4,549
3,210
12,162
4,816
18,151

49, 803
57, 398
288, 225
268, 564
72, 756
52, 053
258, 012
85, 279
478,373

1,370
1,701
5,337
4,432
2,275
1,060
2,522
1,669
7,097

24
22
52

93

16
187
64

121
3,272

739

1, 568, 782 2, 231, 700

293,330

101, 570

7,676

69.370

1, 610, 463

27,463

365

3,486

36
20
93
13
11
5
3

624, 987
585, 920
459, 796
452, 576
4, 464, 816 3, 773, 225
128,175
143, 083
118,320
110,418
45, 542
69,883
168,934
104, 793

140, 603
101, 988
583,440
7,430
7,258
6,521
11,744

39, 888
14, 740
269, 679
691
878
3,191
9,681

2,149
1,670
23,528
403
339
161
396

414, 759
25, 875
270, 709
13,334
85, 511 1, 979, 757
63,191
4,741
76,369
3,098
23, 809
2,817
63, 686
7,020

14,124
14,628
78. 826
2,944
2,667
1,398
4,149

442
3
1,115
36

475

313
330
14,316

3,962
1,853,497
1,334,995
5,221
40, 855 11,341, 061
350, 871
177
320,374
247
153,989
621
372, 874
1,855

181

6, 010, 570 5, 239, 898

858, 984

338, 748

28, 646

2, 892, 280

118, 736

2,258

27, 248

14, 959

52, 938 15, 727, 661

175, 572 1,129, 565 22, 633,185

634,203

14,307

57,365

116, 281

300, 559 96, 975, 284

271
2,340

7
38

19

58
1,056
40

4,699

19

1,154

264, 809

66, 815
78, 599
283,197
272, 295
65, 756
51, 062
255,166
83,923
411, 969

4,958 29,183, 589 35, 586, 549 4, 678,477 2,465, 632
5
1
1

1,318

2,568

Total possessions

7

93, 891

105, Oil




59, 719
883,175 i 30,508
11, 769
36, 409
459,663
33,168
83,806 2, 468, 654
14, 258
45,495
713,103
9,098
18,238
378, 928
7,828
20,135
566,398
3,547
11, 863
228,158
9,418
17, 211
563, 957

133,678
117,112
378,862
352, 766
150, 610
82, 744
396,429
93, 025
526,474

41
35
124
174
39
24
77
26
199

Alaska
.
The Territory of Hawaii
Virgin Islands of the United
States

Total United States
and possessions

193,999
75, 031
411, 548
116, 345
60, 846
101, 781
68,004
67, 693

12, 874
79, 699

26, 242
76, 201

842
7,729

128
2,672

8,571

2,810

142,396

272,104
278,345
1, 047, 720
1,002,152
310. 679
199, 514
968,014
278,473
1, 568, 658

127

11,327

5, 925, 659

780

1

209

543

11

1

17, 504

33,181

2,622

45

175, 573 1,147, 069 22, 666,366

636, 825

14,352

12,309
20,329

25,993

127

749
1,296
1,941
1,806
804
199
1,669
407
2,456

46
616

4,055
13, 240

10

4,965 29, 277,480 35,691, 560 4, 687,048 2,468,442

292, 876 6, 262,036

57,365

116,300

56, 786
203,324

301, 713 97,240,093

00
CO

TABLE N O . 34.—Assets and liabilities of active national banks, Dec. 80,

1950—Continued

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




_.

137 229
150,983
67 504
2, 616, 308
238, 283
658, 209

Time

deposits

78,900
42,187
63, 614
453, 598
22, 857
171, 865

Total
deposits

216,129
193,170
131,118
3, 069, 906
261,140
830,074

Bills p a y able, rediscounts, a n d
other
liabilities
for
borrowed
money

Acceptances executed by
Other
or for account of liabilities
reporting
banks and
outstanding

50
375

25,509
136
140

Capital
stock i

1,269
533
1,151
29,842
1,933
5,519

9,090
6,035
4,753
74,026
8,320
21,521

Surplus

9,239
8,778
5,128
129,459
10,060
24,430

Undivided
profits

Reserves
and retirement
account
for
preferred
stock

4,545
5.121
3,520
43, 310
4,079
10,993

1,018
1,049
1,102
18,619
344
2,935

3,868, 516

833, 021

4, 701, 537

25, 785

40, 247

123, 745

187,094

71,568

25,067

11 050 390
1, 486,098
5,011, 262
27 889
574,072
611,419

1,844, 735
1,033, 503
1, 993, 374
12, 813
166, 310
102,217

12,895,125
2, 519, 601
7, 004, 636
40, 702
740,382
713, 636

71 935
650
2,765
50
100

51 079
76
6,220
558
32

575, 219
12,888
40, 642
59
1,933
3,633

337, 525
57, 254
209,896
1,710
14,820
12,450

551,188
76,858
407, 564
3,206
27, 268
19, 800

205,642
29,823
103,413
840
9,330
6,753

18,358
9,365
14,861
79
3,676
1,129

18, 761,130

5,152,952

23, 914,082

75,500

57, 965

634, 374

633, 655

1,085,884

355,801

47,468

821, 087
385, 829
418, 240
374,829
862, 413
1,152 408
778,023
175 364
1, 077,165
5 533 426
390,878
543, 765
1, 205, 782

343, 550
128,197
91, 385
52, 660
153, 692
210, 508
194, 065
45, 907
186,237
542, 580
58,432
106, 696
298, 770

1,164,637
514,026
509,625
427,489
1, 016,105
1,362,916
972,088
221,271
1, 263,402
6, 076,006
449,310
650,461
1, 504,552

100

163

200
25

310

6,195
1,878
2,712
3,226
8,090
7,198
6,572
752
5,963
23,072
1,534
2,659
8,646

27, 826
12,835
8,975
7,987
19, 423
28, 525
21,090
4,583
19, 288
130,943
9,780
14, 375
28, 501

40, 592
20,903
16, 486
11,088
26,896
39,871
29, 540
8,415
34,006
142,166
13,085
22,318
44,481

17,391
5,905
5,682
3,867
6,877
12, 756
13,221
177
12,221
60,930
6,820
8,031
15, 753

5,105
2,018
1,824
1,304
7,652
6,859
4,054
289
972
20,453
1,416
1,321
3,508

13, 719, 209

2, 412, 679

16,131,888

325

22,090

78, 497

334,131

449, 847

169, 631

56,775

425

304
237
2,471
4,899
13, 705
1

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 posses
sions)
Alaska
The Territory of Hawaii
Virgin Islands of the United States
Total possessions. __
Total United States and possessions
i See classification on pp. 144 and 145.




2, 718, 332
1,400, 968
7, 417,857
2, 208,448
1,020,188
1, 613, 207
666,439
1, 607, 647
18, 653,086
189,476
212, 466
883, 203
859, 546
246, 286
158,035
745, 715
227, 761
1,356,112
4,878, 600

1,038,052
437,179
2,077,256
874,980
479,836
485,819
146,748
239, 226
5, 779,096
67,113
50,005
102,878
82, 617
49,584
30,377
161,672
34,485
104,131
682,862

3, 756, 384
1, 838,147
9, 495,113
3, 083, 428
1, 500,024
2, 099, 026
813,187
1, 846, 873
24,432,182
256, 589
262,471
986, 081
942,163
295, 870
138, 412
907,387
262, 246
1,460, 243
5, 561, 462

1,239

21,124
7, 788
49, 478
28, 219
5,857
19, 239
1,944
6,554

83, 496
32,115
213, 867
43, 545
27, 755
38, 376
13, 728
35, 048

114,487
51, 088
279,364
81, 756
34, 752
69, 416
21, 080
43,402

39, 938
21, 686
73,424
22,977
26,199
18,857
10, 720
23, 713

8,401
5,414
51, 747
6,270
5,513
12,866
2,793
3,123

9,232

140, 203

487, 930

695, 345

237, 514

96,127

70

127

1,364
1,686
2,417
2,920
1,679
745
3,496
753
5,785

4,115
3,943
20,115
19, 670
5, 000
2, 385
14,665
6, 215
30, 628

5,911
6, 282
20, 664
22, 095
5,192
5,095
26, 211
5,794
37, 243

3,175
3,226
13,066
13,833
2,564
2,402
12,456
645
29,436

880
737
5,054
1,471
374
475
3,799
2, 799
5,196

197

50

1,142
12
6,121
8
130
580

50

323

21
344

20, 845

106, 736

134, 487

80,803

20, 785

9,007
9,069
226, 496
1,954
2,770
1,185
4,634

30, 685
21,715
238,338
6.805
5,200
1,810
6,025

41,306
34,117
266, 778
6,965
5.756
3,555
7,670

21, 897
22, 579
147,854
3,083
4,602
3,713
3,516

12. 639
232
13, 355
622
1,256
15
1,009

207, 244

29,128

1,122, 561

275, 350

624
999
39

390
2,175
97

1,295,811
914, 625
6, 248, 441
255,168
230, 986
93,216
278,160

441,819
332,174
4,181,273
76, 274
69,804
50,495
71,860

1, 737, 630
1, 246, 799
10,429, 714
331,442
300, 790
143,711
350, 020

333
484
18, 526

9,316,407

5, 223, 699

14, 540,106

19,343

255,115

310, 578

366,147

134, 612

1,169, 281

1, 996, 775

2, 918, 804

69,196, 948

20,084,309

89, 281, 257

37,101
96, 605
2,272

16,691
93, 698
2,008

53, 792
190,303
4,280

135,978

112,397

248, 375

69,332, 926

20,196, 706

89, 529, 632

76, 644

19

76, 644

55
828
33

19

916

134, 631

1,170,197

725
4,000
150
4,875
2, 001. 650

1,200
5,000
100
6,300

1,662

2,662

2, 925,104

1,124, 223

278, 012

TABLE N O . 34.—Assets and liabilities of active national banks, Dec. SO, 1950—Continued

to

[In thousands of dollars]
Loans and discounts

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total

Commercial and
industrial
loans (including
openmarket
paper)

Loans to
farmers
directly
Loans to
guaranbrokers
Other
teed by loans
and
dealto
the Com- farmers
ers in
modity
securities
Credit
Corporation
5,253
2,090
4,605
3,686
10
2,387

27, 573
29, 973
10, 525
686. 966
61, 298
87, 076

65
12
"20,076"
312
1,344

Other
loans for
the purpose of
purchasing or
carrying
stocks,
bonds,
and other
securities
734
1,543
1,836
14, 305
2,545
4,011

Real estate loans
Secured
by farm
land (including
improvements)
1,689
1,493
3,079
1,305
11
1,092

Secured
by resi- Secured
dential
proper- by other
ties (other properties
than
farm)
16,150
14, 947
13, 087
96,986
7,358
53, 496

5,329
3,374
3,524

66, 521
2,739
16, 447

Other
loans to
All other
Less
loans
indiLoans
valuaTotal
(includviduals
to
tion
(conbanks ing over- gross loans reserves
drafts)
sumer
loans)

18,829
18, 057
17, 082
209,822
17, 236
61, 075

1,933

Net
loans

2,400
78,142
2,005
73, 519
1,009
54. 747
45, 616 1,147, 216
7,569
99, 078
5,692
232, 620

513
450
20, 692
1,453
4,067

77, 204
73,006
54. 297
1,126, 524
97, 625
228, 553

New England
18, 031

21, 809

24, 974

8,669

202, 024

97, 934

342,101

2, 010

64, 291

1, 685, 322

28,113

1, 657, 209

2, 763,820
164,980
1, 038, 701
4,231
62, 251
78, 887

215
81
311
6
377

38, 638
8,094
39,878
1,119
4,031

526,324
2,280

18, 848
5,444
36, 527
1,375
6,825
126

322, 298
283, 940
462,184
5,296
34, 816
38, 414

75,183
38, 755
112, 358
1,139
11. 994
15, 283

698, 723
179, 852
374. 619
1,047
27, 982
45, 445

24, 247

1,555
895

104, 681
7,943
30, 096
342
18, 061
3,630

166, 842
10, 477
41, 091
530
7,338
2,611

4, 739, 819
701, 846
2,144, 664
15, 085
175, 230
185, 300

79, 829
7,315
30, 549
24
1,006
1,753

4, 659,990
694, 531
2,114,115
15, 061
174, 224
183, 547

4,112,870

990

91, 769

539,653

164, 753

24, 547

7, 961, 944

120, 476

7, 841, 468

580

424. 045
19, 885
147, 347
1,702
174, 697
2,614
134, 496
5,130
425, 531
13, 547
320, 587
11,393
334, 256
14,346
58, 611
2,296
335, 269
19, 481
59, 661 2, 092,896
114, 067
1,474

903, 411
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..

Total Eastern States
Virginia
West Virginia...
N o r t h Carolina..
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas




129, 556
31, 024
84, 073
61, 933
212, 869
148, 965
135,305
22, 788
188, 908
1,177, 530
43, 587

18, 507
2.317
152
55
43
5
54
29,307
188

4,172
2,382
5,968
5,429
15, 498
3,322
8,205
139, 297
9,530

816
578
3,462
1,343
3,205
267
2.608
9,282
1,479

8,576
1,285
9,255
1,826
11, 445
15, 960
6,681
746
3,196
66,108

9,145 1,146, 948

15, 221
3,641
2,761
1,808
4,674
1,737
5,075
1,771
2,375
19, 209
3,871

94, 697
48, 509
11. 844
14, 735
35,101
29,375
49, 978
7,246
24, 910
114, 096
11, 272

254, 712 1,327,668

28,209
11, 377
6,978
10, 391
14,318
18, 039
17, 387
3,524
15, 974
61, 629
6,366

107.125
47, 492
52, 044
35, 561
122, 080
87, 846
86, 738
16, 646
68, 201
416, 677
35, 877

'"~366"

140
2,012
500
1,357
100
40

3,777
420, 268
2,128
145, 219
2,015
172, 682
1,487
133, 009
3,649
421, 882
2,715
317,872
5,124
329,132
844
57, 767
3,949
331,320
21, 436 2, 071, 460
569
113, 498

62, 798
Kentucky
346,100
Tennessee.
Total Southern States
2, 645,436
Ohio
409,017
150, 383
Indiana
_. _
1,
573, 779
Illinois
262, 939
Michigan
_ __
140,395
Wisconsin
Minnesota
278,144
71, 756
Iowa
272,840
Missouri
Total Middle Western
States
3,159,253
North Dakota
12,166
16, 856
South Dakota
98, 872
Nebraska
81, 090
Kansas
14, 047
Montana. .
11 032
Wyoming
81, 270
Colorado _ _ .
28,136
New Mexico
215, 966
Oklahoma
Total Western States
559, 435
Washington
277, 707
174, 623
Oregon _
1, 425, 650
California
33, 617
Idaho ..
30, 597
Utah
5,994
Nevada.
54, 617
Arizona
_
Total Pacific States
2,002,805
Total United States (exclusive of possessions) __ 13, 383, 210
Alaska
4,527
The Territory of Hawaii
14, 060
Virgin Islands of the United
States. __. .
115

10,528
7,556

30, 796
33, 498

10, 870
19, 624

58,767
143, 877

142, 205

80, 227

506, 057

224,686

1, 278, 931

19,141
4,351
74, 835
7,758
4,484
8,813
1,620
12,173

31, 732
13.706
18, 039
6,596
7,360
9,811
8,611
5,658

252, 536
124, 554
259,617
256,325
88,196
141,168
42, 964
127,336

58,865
23,892
60,391
42, 763
18, 352
21, 408
9,547
17,820

252, 549
97,105
385, 964
197. 794
53,691
146, 356
35, 724
114, 250

253, 038 1, 283,433

79
379

21, 482
16, 029

445
3,500

2,230
14, 514

30, 265

252,138

28, 671

3,737
692
2,611
334
28
7,956
6,732
5,309

27, 871
17, 524
81, 585
7,695
10, 730
38, 088
47, 617
49, 278

8,262
703
86, 587
7,807
389
2,683
475
5,556

27,399

280,388

112, 462

133,175

13, 515
4,670
15, 248
28,442
7,900
1 424
8,823
1,806
9,447

9,584
18, 882
85, 067
66, 732
10, 379
11 703
67, 508
13,340
46,160

5
43
1,217
1,558

1,414

787
514
5,741
2,788
102
702
669
1,135
1,618

1,582
1,690
4,390
7,607
1,126
960
3,431
1,497
7,087

12, 095
17,122
16, 947
22,385
11, 773
12, 883
29, 839
14, 940
28, 976

91,275

329, 355

4,890

14, 056

29, 370

166, 960

57, 374

289, 929

14, 796
22, 510
2,223
6,263
570

1,797
264
15,394
31
445

214

19, 761
22,144
152, 067
18, 086
7, 968
2,958
27,872

47

4,339
2,371
21,254
1,607
6,545
182
263

122, 489
10, 217
97, 090
6,935
57, 034 1, 757,360
37, 506
2,864
29, 475
1,461
19, 670
845
2,003
43, 645

29, 295
21, 939
179, 925
8,496
4,976
4,402
1,747

136, 604
107, 663
793, 459
18, 741
30, 649
11,312
39,142

46,576

250,856

17,978

36,561

196, 573 1, 222, 537

725, 463

515, 724

653

1
6,342

13
8,196

101, 513 1, 292, 696

2,817
3,048
8,193
5,928
2,140
3 590
14, 099
3,946
13,613

14, 611
16, 847
37, 231
49, 606
18, 229
8,831
43, 098
19, 082
82,394

200
870

4,103
17. 477

202, 298
603, 424

2,807
7,659

199, 491
595, 765

5,799

173,109

5, 367, 524

58,159

5,309,365

189
35
2
45
3
75

34,108
7,663
77. 492
21, 737
27, 556
49, 830
4,538
21, 914

1, 098, 007
440, 608
2, 620, 902
811, 793
351,184
704, 257
229, 584
632, 209

13, 987
5,050
41, 750
9,998
6,540
7,890
3,089
4,045

1, 084, 020
435, 558
2, 579.152
801, 795
344, 644
696,367
226, 495
628,164

349

244,838

6, 888, 544

92,349

6, 796,195

668
1,072
13, 494
7,438
1,004
292
7,203
895
8,095

67, 830
80, 744
286, 643
273, 763
66,700
51, 417
256, 593
84, 777
414, 770

1,015
2,145
3,446
1,468
944
355
1,427
854
2,801

66, 815
78, 599
283,197
272, 295
65, 756
51,062
255,166
83,923
411, 969

40,161

1, 583, 237

14, 455

1, 568, 782

15, 767
7,013
113, 728
2,531
6,737
298
285

632, 772
462, 552
4, 524, 746
129, 742
119, 423
45, 661
169,835

7,785
2,756
59, 930
1,567
1,103
119
901

624, 987
459, 796
4, 464, 816
128,175
118,320
45, 542
168, 934

146, 359

6, 084, 731

74,161

6, 010, 570

243
189

432

6,652

250, 780 1,137, 570

6,652

370, 283 5, 421, 920 1,138, 524 5, 659.632

39, 789

81,359

26
501

2,107, 235

4,269
34, 251

1,805
5, 771

2,637
6,379

897, 647 29, 571,302
4
4,199

13,282
79, 699

10

6

112

631

128

315

1

1,318

18, 702

6,353

8,215

639

39,151

7,704

9,331

4,204

94, 299

Total United States a n d
possessions
13, 401, 912

196, 573 1, 228, 890

Total possessions _




725,463

523, 939

370, 922 5, 461, 071 1,146, 228 5, 66S, 963

39, 789

901, 851 29, 665, 601

387, 713 29,183, 589
408

12,874
79, 699

408

93, 891

1,318

388,121 29, 277, 480

TABLE N O . 34.—Assets and liabilities of active national banks, Dec. 30, 1950—Continued
[In thousands of dollars]
Capital stock
Location

Maine
New Hampshire
Vermont
Massachusetts
Bhode Island
Total New England States..

. ___

Total Southern States




115, 516

259, 569

334,097

32, 888

228 234
50, 986
151 049
698
19, 414
16, 298

280,691 1,313, 279
164, 575
34,181
173 658
556, 211
2,562
670
56, 279
68,680
178
48, 649

542,151
121
18,058

677, 943 2,021, 670

115

123, 630

3,037,767

2,630
2,834
50

334, 895
54,420
209, 846
1,710
14,820
12, 450

8,161, 251
1,194, 202
4,035, 553
23,036
424, 772
523,115

628,141 14,361, 929

466, 679

125

27, 801
12,835
8,975
7,987
19, 423
28, 525
21,090
4,445
19, 288
130, 743
9,630
14,375
28,376

587, 252
282, 885
339, 280
300,361
600,577
828,100
585,344
123,391
686, 270
3, 893, 728
291, 595
447,042
769, 976

638

333, 493

9, 735,801

25

138
200
150

IndividStates
Banks Certified
Banks Banks
uals, part- U. S. Postal a n d
in
and
in
in
foreign
nerships, Governpolitical
foreign cashiers'
United
counand
corsavings
subdichecks,
ment
countries
tries
porations
visions States
etc 1

5,884
6,509
1,184
290,910
8,123
21, 487

115,042
118, 984
57,633
1, 977, 869
206, 721
561, 518

5,514

Banks
in
United
States

7,981
13,974
4,332
193,333
12, 989
26, 960

9,090
6,024
4,753
73, 922
8,320
21, 521

104

New York
New Jersey
Pennsylvania
Delaware
Maryland
. .
District of Columbia
Total Eastern States
Virginia
West VirginiaNorth Carolina
South Carolina
Georgia ._
Florida
Alabama. ._ . .
Mississippi
Louisiana
.
Texas
Arkansas
Kentucky
Tennessee

IndividStates
uals, part- U.S.
and
Prenerships, Govern- political
ferred Common
stock
stock
and corsubdiviment
porations
sions
11

Time deposits

Demand deposits

5,335
5,156
2,081
72,689
6,861
23,394

19, 889
11,911
10, 266
8 847
18,893
15,029
16, 416
4,700
16, 623
77, 453
6. 258
9,868
18, 881

60, 251
44,392
31, 615
41 461
68, 571
146, 533
90, 521
24, 966
167, 254
419, 583
34,838
34, 846
94, 865

132, 434
30,981
27. 491
17,072
163,397
144,026
76, 849
20,504
187, 811
997, 225
54, 687
46, 610
309,031

235,034 1, 259, 696 2, 208,118

19
32,403
446
20

2,968
6,360
2,274
49,104
3,143
24,830

78, 728
41,073
62, 954
448,106
22. 397
170,062

88, 679

89
151
450
2,920
1
381

77
943
207
2,435
308
1,402

6
20
3
69
151
20
269

3,992

68

639

38,900
18, 513
75,129
52
490

1,769
203
1,264

68

823,320

5,372

380
4,453

524, 784 1, 635,005
42,033 1,009,023
76, 733 1 916,021
12,751
923
162,095
4,547
100,192
18, 726

37, 253
5,764
321
10
3,700
1,000

5
1,025

565,163

667, 746 4,835,087

48,048

1,669

133,084

3,256

21, 222
15,660
9,588
7,088
10, 933
16, 379
8, 598
1,803
12,103
134,009
3,500
5,399
12,636

313,382
126,620
83,167
51, 488
150, 438
205, 478
190, 417
45,205
184,405
442,052
57, 503
105,470
284,167

12, 956
1,132
1,787
610
2,720
2,298
2,446
702
497
11,120
11
57
2,919

120
30
1
7
230
66
10

16, 782
195
6,419
375
296
2,341
117

310
220
11
180
8
325
1,075

59
395
29
16
159

1,276
86, 542
769
1,093
9,815

2, 471
120
60
1,710

258, 918 2, 239, 792

39, 255

1,122

126,020

6,490

39

42
2, 341
295
7,104
11, 428
393
21,642

131,808

20
131,808

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

3,400
55
1 549
1,000
50
1,130

80,096
32,060
212 318
42, 545
27, 705
37, 246
13, 728
35,048

7,184

480, 746 13, 803,179

8,565
21, 927
51,036
152, 753
22. 536
24, 702
43, 995
37, 977
162, 846

9,668
10,444
166,130
86,320
16, 577
11,807
74, 629
12, 952
174,163

93, 725

526,337

31,005
17,540
138,148
4,977
3,138
1,809
4,186

106,076
97, 800
567, 734
41, 478
29, 627
14, 722
28, 966
886, 403

3, 804
3,715
19, 587
13, 839
7, 651
2,009
15, 821
4,528
22, 771

3, 634, 793

700

30,685
21, 715
237, 577
6,800
5,200
1,810
5,325

1,061, 263
735, 876
4, 924, 995
201, 836
165,194
74,583
231, 500

1,466

309,112

7,395, 247

200,803

85

761
5

60,017

307, 700 5, 569, 382

19,614

610, 259 1, 239,038 2, 632, 893

106, 651

60

3,016
2,002
3 871
1,250
5,278
58
2,560
1, 579

3,665
70
47 291
4, 743
764
2,369

165, 636
174,621
638,087
596, 804
196, 641
116,392
602.043
167. 668
976, 901

25

1,115

966, 727
80, 550
433, 692
34, 456
92 749 1 970 984
865, 607
23, 820
24,304
473, 225
482, 927
25, 896
143, 994
11, 788
232, 226
14,137

226, 488
183,383
191,034
117, 370
400 471 1 128 972
130, 463
165,021
60, 443
128, 743
322, 644
119, 949
120, 447
81, 455
423, 208
71, 840

88 148
38, 426
209 680
127, 663
38, 673
55, 707
18, 362
33,600

4,115
3, 943
20,090
19, 670
4,940
2,385
14, 665
6,215
30,628

425

1,803
1, 759
8,359
9,830
2,881
3,125
9,175
4,636
19,006

66, 461
48, 254
102, 778
80,005
49, 390
29, 957
160, 200
32,040
92, 947

562, 690

481

60,574

77,173
39,126
250, 698
4 130
30, 561
690
5,758

3,085
1,069
93,112

408,136

15,002 1, 981, 773 51, 968, 716 1, 722,016 4, 848, 986 8,167, 604

100

725
4,000
50

28, 226
53, 559
1,283

4,938
22, 542
233

2,897
16, 622
747

207
1, 817
1

100

4,775

83,068

27, 713

20, 266

2,025

Trip Tfirn'tnry of TTawqii

Virgin Islands of the United States
Total possessions
Total United States and possessions.

2,136,098
1,019,612
5 538 694
1, 756, 738
767, 261
1,086, 642
434,387
1,063, 747

15,102 1, 986, 548 52,051,784 1, 749, 729 4, 869, 252 8,169, 629

4

52

525
1,030
60
1,660
25
385
1,201
2, 434
2,502

599
908
360
278
411
656

825 183,013

3, 262

6
2
23
41

50

121
719
15
878
161
17
259

2
33
5

11
96

7,503

1,083

197

18

3 000

3,000

12

662,032

9,822

9,676

1,135

4,313
47
17, 995
649
528
1,645
125

9
15
5,149
235 373, 907
4
1 011
10
1,020
1,083
5

390
50
2,403
90
50

35,000

1,069

17, 209
437,107
23, 214
326, 913
273, 754 3, 751, 733
2,747
74, 520
68,196
2,466
1,412
47, 767
6,681
71, 730

98,335

327, 483 4, 777, 966

25, 302

2,295 380,153

2,983

35,000

778, 526 1, 711,100 18,907,579 147, 413

6,377 835, 938

17,194

169,808

203

833
1,862
8

10,072
90,957
1,934

5, 750
1,660

5
10

864
1,071
69

203

2, 703

102, 963

7,410

15

2,004

778, 729 1, 713, 803 19,010,542 154, 823

i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to Federal Reserve banks (transit account)




67, 535
236
98 960
7,805
881
2,125
143
5,328

175
341
81
40
41
53
51
43

6,392 837, 942

5
5
17,194

169, 813

TABLE N O . 35.—Assets and liabilities of all active banks other than national, Dec. 30, 1950 {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




CorpoObligaU. S.
rate
Other
Govern- tions of
Loans
stocks,
bonds, including
Num- and dis- ment ob- States
Currency
ligations, and pocounts,
notes,
ber of
of and coin
and de- stocks
banks including direct and litical
Federal
overdrafts guaran- subdivi- bentures Reserve
teed
sions
banks

252, 679
157, 495
181,395
163, 019
56,602
142, 556
1, 788, 776 2, 507,138
403, 560
738,197 1,170,133
568 3, 277, 029 4, 571, 507

181
106
179
123
330
137
155
177
129
462
180
293
225

2,677

Real
Bank
premises estate
owned,
owned,
other
furniture
than
and fixbank
tures
premises

Investments and
Cusother
tomers'
liability
indirectly on acrepresent- ceptances
ing bank
outpremises
or other standing
real estate

44,509
22,340
5,927
337, 936
47,596
167, 893
626,201

8,332
24,500
1,861
87,968
27,448
51, 267
201,376

9,694
2,170
2,824
43, 783
12,547
30, 585
101, 603

43, 475
14,764
15,668
335, 061
70,829
230,283
710, 080

3,604
1,938
1,527
27, 754
11, 416
16, 948
63,187

491
407
48
418
15
1,828
3,207

2,081

12, 880,195 13,380, 970 771,354 1,159,180
933,120 1, 404, 414 176, 837 173, 672
1, 498, 840 2,106, 794 228, 459 610, 058
176, 923
22,800
71, 477
261, 203
360, 885
28,336
76, 051
749,995
164,306
6,971
12, 818
175, 802
16, 014, 269 18, 079,178 1, 234, 757 2,103, 256

81,049
12,062
27,613
3,754
2,886
899
128,263

213, 436 6, 061,352
399, 792
48,185
791,331
82,243
99,323
6,585
199,176
23,825
106, 375
9,986
384, 260 7, 657, 349

202,535
33,119
48, 469
3,519
10,837
8,725
307,204

3,373
402
4,229
328
132
127
8,591

10,307
256
7,467
656
35
1,250
19, 971

9,367
3,459
9,683
1,363
7,855
6,457
1,822
4,403
2,719
13, 842
2,208
4,820
5,931
73,929

165
133
63
407
122
162
246
43
1,268
19
80
308
3,102

58
38
255
17
137

142
351
27
112
10
1,025

8,493
2,982
7,201
53,168
9,388
57,202
138, 434

Balances
with other
banks, including
reserve
balances
and cash
items in
process of
collection

347, 585
313, 390
146,179
196, 497
508, 885
428, 950
65, 860
327, 898
246, 488
174,118
316, 718
101, 617
106,398
167, 008
194, 255
157, 077
182,836
465, 072
459, 598
164, 964
89, 568
367, 111
356,382
176, 725
230,395
3,137, 644 3, 242, 829

26,601
14, 468
117, 606
25,006
25,960
35, 478
21, 568
86,372
78,543
77, 780
23,973
20,272
40, 467
594, 094

11,379
5,302
55,877
5,621
2,130
1,971
2,037
3,456
2,891
12, 486
3,816
17,424
4,891
129, 281

1,099
1,223
1,634
171
1,304
261
182
331
667
2,453
169
923
1,417
11,834

21, 545
13, 053
40,048
9,075
22,005
17, 707
10,648
18,864
19, 401
32, 267
9,885
15,317
250,101

192, 633
99,299
344,149
69, 610
204, 934
135, 288
80,841
161, 763
163, 725
426, 797
132,064
261, 219
131,132
2, 403, 454

158
277
1,396
250

1,3
601
323
2
123
52
204
3
257
353

4
271
19
294

Other

Total
assets

1,010
318
251

529, 940
413, 833
234, 746
5,193, 554
872,016
2, 479,122
9, 723, 211

9,885

1,962
14, 786
28,212

99, 518 154, 899 35, 018,168
317 10, 738 3,192, 914
1,772 18, 724 5, 425, 999
3
1,750
648,321
144 14, 724 1, 467, 026
488, 730
1,471
101, 754 202,306 46, 241,158
567
200
18
590
19
82
11
399
1,899

1,684
1,722
7,089
302
2,716
1,612
453
662
799
1,362
359
1,219
804
20, 783

926, 757
481, 968
1, 514, 944
266,172
841, 828
689, 802
325, 932
637, 953
608, 977
1, 493,360
427, 025
1, 049, 791
607, 810
9, 872,319

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 ZoTiR (Panama)

Guam
The Territory of Hawaii .
Puerto Rico
American Samoa
Virgin Islands of the United
States
Total Possessions
Total United States and
possessions

421
365
507
361
461
503
563
521

1, 420,349
428, 755
821, 784
879, 700
550, 525
376,152
585,149
1, 045, 443

1, 844 091
747, 990
1, 712, 933
1, 239, 887
725,015
431, 855
612, 967
906, 684

212, 666
61, 541
270, 918
191, 830
101, 723
59, 946
105, 605
127, 384

176, 690
23, 664
128, 420
52, 079
33, 342
54, 222
17,366
53,190

4,926
1,039
6,258
2,967
834
115
587
15,291

79, 920
32, 672
41, 026
53, 321
29,854
16, 565
26, 916
40, 549

854,365
282, 792
797,141
497, 530
276, 461
134, 201
313,140
737, 622

23,885
8,197
14, 041
22, 443
9,227
4,636
5,581
15,151

215
73
236
317
87
137
20
1,287

10,302
329
6,029
20
716
385
1,493
160

86
46
559
180
87
29
22
941

3,702

6,107, 857

8, 221, 422 1,131, 613

538, 973

32, 017

320, 823

3, 893, 252

103,161

2,372

19, 434

1,950

109
134
294
438
71
29
76
25
187

59, 716
67, 220
120, 661
263, 013
77, 074
26,640
118, 216
34,353
100, 752

192,377
126,318
184, 436
275, 542
130, 569
30, 819
119,310
36, 019
97, 258

20, 221
10, 800
13, 511
64,352
9,578
3,192
6,122
3,205
23,563

5,855
1,931
3,857
1,966
6,282
504
1,429
150
1,671

265
86
290
332
218
56
255
45
77

3,588
3,360
4,761
10, 519
3,996
1,491
5,442
3,176
6,325

46, 823
48, 442
90,159
182, 427
71, 474
25, 667
78,309
26,316
70,316

439
844
1,150
2,599
731
637
1,527
683
1,159

2
45
22
2
20
79
148
11

2
402

15

1,363

867, 645

1,192, 648

154, 544

23, 645

1,624

42, 658

639, 933

9,769

329

488

85
51
109
30
44
3
8

179,331
63, 244
1,343, 814
48, 808
116, 060
13, 089
33, 848

204, 461
84,327
1, 504, 448
35,374
101,172
16,132
54, 288

20, 242
13,322
209,162
4,510
16,636
692
9,482

20, 412
142
65, 660
313
2,758
3
2,038

157
52
5,060
57
317
17
91

6,868
3,853
34, 248
2,170
3,841
958
3,957

63,509
34, 408
640,167
26, 683
69, 440
5,541
24,459

2,901
1,384
31,189
709
995
247
' 2,033

36
44
160
11
88
81
226

16
41
5

330

1, 798,194

2, 000, 202

274, 046

91, 326

5,751

55, 895

864,207

39, 458

646

198

380,865 1,155, 340 16,168, 275

596, 708

18, 247

45, 541

352
18
1
2,983
4,147
1

39

9,665 31, 202, 638 37,307, 786 3, 527, 488 3, 512, 682
15
8
11
1

11, 812
897
1,433
87, 003
129, 858
25

9,791
3,785

8

2,195

2

82, 275
91, 901
1,119

9,142
25, 273

3,033
24, 085

533

165

11

231, 028

188, 871

34, 588

29, 324

1
36

9,701 31, 433, 666 37, 496, 657 3, 562, 076 3, 542, 006

1 4 branches of 2 American national banks.
2 branches of an American national bank.
NOTE.—Figures obtained from the Federal Deposit Insurance Corporation.

2




2,300
2,468
1,244
11, 507
23, 043
74

7,264
766
63
28,392
21, 356
251

29
55

90

4,221

2, 937, 594

26

737
413
12,179
34
385
129
283

498, 696
201, 230
3, 852,178
118, 669
311, 826
36, 889
130, 707

14,160

5,150,195

5
70

6,086

6,112

112, 099 313, 943 94,341, 612

185
219

255

6,862

6,862

6
58, 098

7,502

443

255

381, 400 1,195, 995 16, 226, 373

604, 210

18, 690

45, 796

44, 261 20, 417,135
329, 545
259,108
419. 249
801, 820
300,362
89,120
332,319
104, 224
301, 847

2

19

4, 639, 388
1, 589,340
3, 810,169
2, 945, 550
1, 732,309
1, 080, 040
1, 670,173
2, 950,166

261
105
362
646
438
94
1,625
30
660

134

40, 655

535

11, 893
2,242
10, 824
5,276
4,438
1,797
1,327
6,464

152
16, 995
17,301
749
25, 587
9

33, 915
24, 929
20,042
225, 802
352, 586
1, 479

14

215

60, 807

658, 968

118, 961 374, 750 95, 000, 580

TABLE N O . 35.—

and liabilities of all active banks other than national, Dec. 30, 1950 {includes State commercial, mutual savings, and
private banks)—Continued
LIABILITIES
[In thousands of dollars]

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States




Demand
deposits

119,357
15,918
35,314
1, 033, 585
241, 552
643,024

Time
deposits

350,898
346,861
174, 292
3, 588,056
541,311
1, 574, 514

Total
deposits

470,
362,
209,
4, 621,
782,
2, 217,

255
779
606
641
863
538

Bills payable, rediscounts, and
other liabilities for
borrowed
money

Acceptances executed by
or for account of reporting
banks and
outstanding

552
240

4
274
43

Other
liabilities

2,230
1,242
1,070
28, 722
11,932
18, 942

Capital
stock i

7,602
1,611
10, 871
38, 057
12,850
24, 661

Surplus

27, 707
26,126
4,818
261, 710
51,176
136,100

Undivided

Reserves
and retirement account for
preferred
stock and
capital
notes and
debentures

19, 294
16, 998
5,237
229, 414
8,005
77, 617

2,300
5,077
3,140
13,496
5,147
3,649

profits

2,088, 750

6, 575, 932

8, 664, 682

1,407

321

64,138

95, 652

507, 637

356, 565

32,809

17, 240,062
3,353,775
2, 694. 945
416,673
678,890
324,004

14,257,711
1, 581, 560
2, 205, 994
165, 774
653,428
124,472

31,497, 773
2, 935, 335
4, 900, 939
582, 447
1,332,318
448, 476

5,320
551
32
75

115,401
317
1,772
3
144

284,493
21, 687
30, 921
3,927
11, 543
3,877

535, 294
53, 592
109, 309
10, 519
20, 485
9,800

1,864,997
130, 400
288,000
29,999
56, 733
19, 020

644, 723
34, 230
71, 623
8,329
40, 917
5,861

70,167
17, 353
22, 884
13,065
4,811
1, 696

22, 708,349

18, 988, 939

41, 697, 288

5,978

117,637

356, 448

738, 999

2, 389,149

805, 683

129, 976

560, 551
308, 627
1,086, 229
209, 603
600,184
491, 908
235,763
508, 498
475, 681
1, 272, 618
356,485
846, 281
395, 743

289, 589
127,149
303, 220
35, 278
163,257
153, 500
63, 461
87,142
96,354
121, 960
41, 298
120, 440
161,036

850,140
435, 776
1,389, 449
244, 881
763, 441
645, 408
299, 224
595, 640
572, 035
1,394, 578
397, 783
966, 721
556, 779

650

7,977
2,408
22, 840
787
9,534
2,757
1,054
1,582
1,886
7,889

471
5,125
4,401

24,004
13, 665
21, 205
7,864
21, 708
14, 664
7,776
11, 748
12, 375
35, 339
9,577
24,357
16,151

29, 050
20, 295
56, 659
8,317
27, 268
18, 572
10, 548
25, 778
13,970
31,188
9,83p
37, 950
16, 507

10,178
7,687
15, 924
3,358
13, 799
6,408
6,578
1,209
7,098
19,195
7,904
13, 293
11,194

4,753
2,137
7,637
765
5,930
1,857
752
821
1,593
5,087
1,460
2,334
2,264

7, 348,171

1, 763, 684

9, 111, 855

2,271

8, 711

220,433

305, 932

123, 825

37, 390

663
140
118
585

567
200
18
590
20
84

115
1,902

00

2, 494, 838
992, 359
2, 442,847
1, 410, 256
855,116
469, 417
1,175, 607
2, 270,854

1,831,711
491, 767
1,099,895
1, 335, 570
762,306
530, 756
379, 344
466, 279

4, 326, 549
1, 484,126
3, 542, 742
2, 745, 826
1, 617, 422
1, 000.173
1, 554, 951
2, 737,133

649
30
7
95

12, 111, 294

6, 897, 628

19, 008, 922

215, 034
202, 340
352, 298
658,337
237, 818
67, 754
246, 229
86, 238
248, 725

92,076
39, 689
36, 651
86,999
48 077
15,322
62 762
12, 368
27,222

307,110
242, 029
388, 949
745, 336
285 895
83,076
308 991
98, 606
275, 947

1,182

2, 314, 773

421,166

2, 735, 939

2,032

...

176, 969
122, 790
1, 875, 248
82, 928
178,488
23 647
93, 257

285,168
66, 719
1,713,316
28, 615
110,413
11 221
27,469

462,137
189, 509
3, 588, 564
111,543
288, 901
34 868
120, 726

Total Pacific States

2, 553, 327

2, 242, 921

4, 796, 248

49,124, 664

36,890, 270

86, 014, 934

22, 669
22, 551
11, 480
106, 585
172, 384
973

8,361
2,375
8,541
98, 294
120,849
367
163

31, 030
24, 926
20, 021
204,879
293, 233
1, 340
163

336, 642

238,950

49, 461,306

37,129, 220

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 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
Total United States and possessions
1

106
500

86
46
573
180
87
29
22
941

30, 831
6,851
42, 782
18, 652
3,570
2,785
1,723
20, 596

80, 008
30, 427
68,154
63,144
38, 879
20, 536
32, 870
70, 093

140, 993
41, 795
78, 565
68, 201
44, 438
35, 622
42, 764
64, 851

50, 446
21, 757
46, 236
38, 393
22, 662
15, 701
30,057
50, 218

9,826
4,308
31,110
11, 059
5,251
5,194
7,680
5,834

1,387

1,964

127, 790

404, 111

517, 229

275,470

80, 262

763
108
859
1,085
735
248
2,263
49
1,517

6,422
5,390
10, 705
16, 808
5,007
1,457
7, 642
2,325
7,520

5,048
4,982
10, 714
21, 984
4 753
2,644
7,698
1,792
7,832

6,705
5,649
6,362
14, 899
3, 523
1,290
4,493
305
7,143

3,497
950
1,235
1,518
449
405
977
1,077
706

90

7,627

63, 276

67, 447

50,369

10, 814

26

2,759
864
30, 006
425
1,436
224
1,052

6,675
3,830
83, 865
2, 565
7,077
603
2, 510

17, 888
4,828
87,048
2,578
8,667
823
4, 733

7,332
1,935
50,100
1,307
5,139
371
1,047

1,879
264
6,001
251
606

6,620

36, 766

107,125

126, 565

67, 231

9,640

128, 534

661, 480

1, 629, 596

3, 913, 959

1, 679,143

300,891

740

810

837

446

130
4,758

6,862

52
3
21
798
7,460

7, 317
30, 896
50

7,206
7,068
65

2,952
1,461
20
47

2,520
848
4

575, 592

4,888

6,862

8,339

39,003

15,149

5,317

3,818

86, 590, 526

17, 963

135, 396

669, 819

1, 668, 599

3, 929,108

1, 684,460

304, 709

Includes capital notes and debentures. (See classification on pp. 152 and 153.)




410
190

15

250

5
70

6,594

13, 075

5

639

TABLE N O . 35.—Assets and liabilities of all active banks other than national, Dec. 30, 1950 {includes State commercial, mutual savings, and
private banks)
[In thousands of dollars]
Loans and discounts

Location

Commercial and
industrial
loans (including
openmarket
paper)

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

Loans to
farmers
directly
guaranOther
teed by
to
the Com- loans
modity farmers
Credit
Corporation

32,090
5,566
8,192
184, 573
48, 352
92,610

41

371,383

3,368
408
6,121
1,598
905
2,643

Other
loans
for the
Loans to purpose
brokers
of purchasing
aad
or cardealers
rying
in secustocks,
rities
bonds,
and other
securities
101
6,351
425
1,281

1,153
59
1,510
17, 657
438
4,502

Real-estate loans

Secured Secured
y resiby farm- bdential
Secured
land (in- properties b y other
cluding
proper(other
improveties
than
ments)
farm)

2,940
1,389
12,474
6,548
1,862
5,095

84,608
141,997
90,334
1, 208, 388
165, 837
499,115

11,417
4,960
13,391
233, 340
37,007
50, 408

Other
loans to
individuals
(consumer
loans)

21,818
7,630
9,906
146,492
31,372
90,184

Loans
to
banks

252
495

"465"

45

15, 043

8,158

25, 319

2,190, 279

350, 523

307, 402

4, 478, 427
165, 514
413,096
54,265
68, 548
40, 255

106
157
306

22, 560
1,552
8,744
2,074
6,267

945, 792
2,657
32,402
2,275
775
1,594

246,957
9,627
24,306
2,217
11, 804
627

20, 900 5, 284,040
494, 926
1,945
502, 582
5,926
56,624
11,888
127, 886
54
47, 269

955,778
80,058
98, 742
15, 749
34, 837
14, 520

892, 246 46, 071
185,317
407, 582
37, 027
93,183
50,624

5, 220,105

980

41,197

985, 495

295, 538

54, 011 6, 513, 327 1,199, 684 1,665, 979

661

683
91
3,559
1,978
155
90
668
296
691
250
842
196

1,056
5,383
13, 661
1,445
5,919
3,353
1,430
5,083
778
7,324
1,119
9,610
1,868

9,499

58,029

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




85, 284
24, 065
199, 326
12,395
103, 584
44,162
19, 652
65,141
42, 457
143,724
21,119
108,087
42,063

7
64
416
107
144
102
73
17, 216
362
379
157

10,829
3,952
12, 278
5,338
16,364
8,444
13,601
18, 659
7,890
80,906
14,512
28, 636
21,448

911,059

19,688

242,857

14,130
7,214
19, 675
4,366
17, 268
5,379
9,762
12, 778
9,059
8,429
6,909

89, 607
50,172

37,875
23,399

16, 607
75,168
41, 481
21, 397
18, 767
31, 700
40, 805
16, 329
55, 602
50,434

18, 820
14, 402
29, 931
2,978
16,899
12,897
5,430
9,118
14, 526
17, 048
5,508
20, 281
13,639

122, 818
39, 550
158, 885
19,965
84, 522
53,034
29,741
35,834
47, 956
145, 792
22, 359
83,154
74,677

176, 243

578,062

181, 477

918, 287

1,212

46,077

All
Other
loans (including
overdrafts)

Total
gross
loans

1,063
1,024
1,638
4,445
4,296
2,639

158,851
163,033
143, 566
1, 809, 887
290, 494
748, 946

15,105

3, 314, 777

Less
valuation
reserves

Net
loans

1,356
14
1,010
21, 111
3,508
10, 749

157,495
163, 019
142, 556
1,788, 776
286, 986
738,197

37, 748

3, 277, 029

298, 546 13,191, 728
9,497
951, 093
27, 835 1, 528, 693
177, 517
1,203
363, 970
8,470
165,197
10, 254

311, 533 12,880,195
17, 973
933,120
29, 853 1, 498,840
594
176, 923
3,085
360,885
891
164, 306

355, 805 16, £78,198

363, 929 16, 014, 269

350, 683
147, 715
516, 500
66, 616
331,123
175,549
102, 746
169,179
159, 363
467,643
90,299
360, 342
232, 482

3,098
1,536
7,615

170
350

6,793
2,786
8,096
3,456
8,744
6,537
1,499
2,994
4,628
5,648
1,832
15, 706
4,251

731
3,960
2,087

347, 585
146,179
508,885
65, 860
327,898
174,118
101, 617
167, 008
157,077
465, 072
89, 568
356, 382
230,395

2,069

72, 970

3,170, 240

32, 596

3,137,644

2
100
2
261

756
3,225
1,431
1,129
2,171
2,286
2,571

349, 256
Ohio
69, 358
Indiana
.
328,460
Illinois
141,189
Michigan
_
117,045
Wisconsin
Minnesota
. 29, 046
85,803
Iowa
365, 056
Missouri
Total Middle Western
States
__ 1, 485,213
North Dakota.
3,177
5,151
South Dakota
11, 971
Nebraska
38,026
11, 868
M!ontana
4,804
Wyoming
31,527
Colorado
7,282
New Mexico
- 14,673
Oklahoma
Total Western States. _. 128, 479

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
Total United States
and possessions




1, 443, 514
433, 723
830, 278
887,852
558,083
380,142
589, 243
1, 054, 061

23,165
4,968
8,494
8,152
7,558
3,990
4,094
8,618

1, 420,349
428,755
821,784
879,700
550,525
376,152
585,149
1,045,443

767

106,871

6,176, 896

69, 039

6,107,857

166
401
1,472
2,154
778
73
248
447
759

60, 268
67, 994
122,110
264,155
78, 616
26,880
119, 226
35,180
101, 362

552
774
1,449
1,142
1,542
240
1,010
827
610

59,716
67,220
120,661
263, 013
77,074
26,640
118,216
34,353
100, 752

6,498

875, 791

8,146

867,645

589
738
30, 517
704
982
205
61

180,138
63,688
1,367,718
49,194
117,179
13,162
34, 092

807
444
23, 904
386
1,119
73
244

179,331
63, 244
1, 343,814
48,808
116,060
13,089
33, 848

33, 796

1, 825,171

26, 977

1, 798,194

591, 045 31,741,073

538, 435

31, 202, 638

17

11,812
897
1,433
87,003
129,858
25

32,686
551
23,985
421
760
10
677
2,906

84,986
3,663
17,378
12, 493
6,177
1,587
4,546
13,447

48, 549
35,473
17,626
33, 868
47,667
39, 895
50,083
34, 587

473,280
145,390
146, 209
354, 224
183,777
138,610
110,386
245,560

46,376

626, 676

61, 996

144,277

307, 748

1,797,436

22, 868
7,855
15,109
27, 567
15, 512
1,549
3,293
664
4,900

19,073
33,703
61,759
99,081
17, 506
8,285
26,167
7,743
31, 690

2

68
211
790
1,402
859
48
1,484
314
851

2,649
2,637
5,743
12, 721
1,679
934
1,451
740
3,806

5,417
9,092
9,218
35,440
14, 285
5,705
15,965
6,964
9,092

1,265
2,000
2,321
6,658
3,651
1,559
4,403
1,450
2,591

5,585
6,944
13, 574
40, 690
12,478
3,923
34, 328
9,576
32, 998

820

6,027

32, 360

111, 178

25, 898

160,096

3

645
519
12, 392
224
244
179
117

4,468
2,332
22,740
1,152
5,963
136
615

88, 050
26,225
600,182
7,266
34,734
4,541
12, 203

27, 559
5,326
106,815
1,930
12, 958
1,617
1,443

16, 828
12,332
186,407
9,479
16,786
3,026
6,789

10,163

14, 320

37,406

773, 201

157, 648

251,647

142

185, 389 1, 301, 616 1, 076,131

543, 510

638, 076 11, 963, 483 2, 270,060 4, 548,117

50,378

99, 317

305,007

10, 511
1,697
430
5,671
674

7,027
4,070
27,701
11, 005
15,692
1,400
3,941

457, 029

18, 983

70, 836

93
391
334

19
9,778
35
328

75, 973
25,463
30,619
57, 566
50,794
24, 534
24, 773
65,108

3

54

3,493

1,592

5
63

11, 413
1,100

1
375
2,766

29
38,988
17,867

68

12, 516

3,196

60,377

185,389 1, 315, 813 1, 076,199

556, 026

9

6,519
766
1,013
23, 071
61, 212

14,188

92, 581

14,197

8, 665,849

354,830 1, 244, 706

23
56
5
229

31,759
4,515
27,082
10, 953
8,330
3,447
5,038
15, 747

300
44
110

35,688
50,136
75,469
48, 562
56,152
83,114
195,332
82,223

24, 461
10, 430
370, 629
11,728
28, 806
2, 055
8,920

8, 573, 268

309, 264
97, 581
160,600
228, 203
87,346
53, 245
87,158
221, 309

1,773
1,549
2,740
373
12
6,598
25,442
7,889

60
25
26

111

127
12
3

20
7,244
2,758

155
93
369
5,485
19, 836
25

4
38
1
432
10, 532

11, 829
897
1,433
87, 013
130, 322
25

11, 614

25, 963

11, 007

231, 519

491

231, 028

602, 052 31, 972, 592

538, 926

31, 433,666

641,272 12, 023, 860 2, 281, 674 4, 574, 080

50, 378

10
464

§

TABLE NO. 35.—Assets and liabilities of all active banks other than national, Dec. 30, 1950 {includes State commercial, mutual savings, and
Or
private banks)—Continued

to

[In thousands of dollars]
Capital
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.

Capital
notes
Preand
ferred
deben- stock
tures
212
5,143

1,892
959
50

12,238
2,297
3,970
73,117
27, 946
39,359

2,261
780
438
38,323
2,824
21, 784

158,927

66,410

1,152
1,458
12

3,712
335
806
33,032
8,009
17,343

348, 632
346, 776
172,880
3,583,672
539, 991
1, 574/044

2,622

63,237

32
605
230

6, 565, 995

1,240
8,864
376
283
355
1,146
5,000

680,131 17, 708,141

512,489

741,698 2, 295, 939

664, 996

438,107
230, 575
752, 464
179,159
477, 859
392,413
197, 879
379,305
326, 640
1, 077, 991
299, 627
639, 291
324, 501

10,233
18,379
22, 689
2,622
12, 570
7,828
3,659
5,297
5,612
11, 910
3,288
13, 607
6,753

46,458
36, 739
81, 933
22,113
61, 847
76, 929
31, 243
77, 706
103, 986
124, 599
36, 035
69,189
53,480

56, 505
12,042
215, 083
4,811
42, 924
9,349
1,605
42, 706
35, 675
39, 979
15,359
116, 282
8,580

328

17
505
205

22, 777
13,425
20,830
7,676
21,642
14, 620
7,667
10, 440
12,060
35,142
9,560
23, 852
15, 946

4,085

215, 637

5,715,811

124, 447

822, 257

600, 900

820

23,809
1,227

240
375
100
44
9
1,298
305

58
143

255
36

785,086 18, 547, 732

65
30

662, 702 ~684, 441 13,941,818
37, 251 1, 554, 463
528
40,815 2,146,114
213
146,883
8,447
650, 740
1,224
8,778
107, 714
5,354
329

35, 059

Postal
savings

373

448, 781 2,102,329
113, 770
25, 797
102, 587
116, 052
20, 295
3,799
56,231
38, 886
34
9,076

670




87,396

3,690
308
1,105
25,386
7,247
21,894

Certified
and
cashiers'
checks,
etc.i

59,63C

192

711

97,456
12,198
28,995
862, 575
194, 068
542, 632

Individuals,
U.S.
partner- Governships, and ment
corporations

Banks
in
foreign
countries

365, 446
36,087
70, 735
19,461
14, 278
6,482

8,711
12, 992
1,436

100
10
10
197

7,390
1,611
3,836
37, 098
12, 850
24, 611

Banks
in
United
States

1, 737,924

3,113

88
66

IndividStates
uals,
U.S.
and
Common partner- Governpolitical
stock ships, and ment
subdivicorporasions
tions

492, 016 12, 976,363
40,300 1,140,342
107, 873 2,364, 543
364, 671
10, 519
559,493
19,623
302, 729
9,800

5,143
34, 567
300

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

Time deposits

Demand deposits

States
and
political
subdivisions
1 893
85
1,337
3,714
261
420

Banks
in
United
States

Banks
in
foreign
countries

43
829
20

95

7,710

892

85

115, 710
342
170

17
205

55,151
26,379
59,342
18, 536
1,520
553

16,024

307

161,481

116, 227

136,168

5
11,000

8,920
10,892
14, 002
898
4,984
5,246
1,377
3,484
3,768
17, 884
2,176
7,876
2,429

267, 622
125, 928
262, 876
33, 558
160, 563
147, 881
63,013
86, 639
90,355
113,031
40,422
117,143
155,020

1,186
372
2,337
2
678
137
131
503
1,250
34
252
2,713

229
250
159
7
468
311
22

20,264
356
37,153
466
967
4,851
180

288
243
695
1,245
581
320
115

409
18
36
5
64

3,345
8,067
588
546
5,752

995
810

83, 936

1, 664, 051

9,666

1,978

82, 535

5,454

33
129

147,168

Ohio.
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri. .

728

375

6
1,562
2
824
24
6
15
121

165
90
31
80
112
184
52
72

88, 284
70
42, 280
10,848
3,095
4,921
350
1,968

8,871

209, 729

6, 741, 766

2,560

786

151,816

700

44 808
38,082
36, 614
86, 620
47 679
15,317
62 622
11, 579
27, 021

21
11

1
7
5
22
4
5

47, 231
1,589
32
287
334

15

3

1,390
1,496
2,654
4,775
2,958
683
3,550
833
3,559

458
3

330
15

140
1
83

100

7,990

390,370

9, 872, 068

303, 536

948, 817

768, 273

9

36
5

6 326
5 275
10, 634
16 729
4 955
1,211
7 642
2,289
7,515

165 474
175, 235
320, 876
509,375
189 514
57,329
199 521
69, 823
203,425

4 019
3,072
5,362
8,491
4 680
429
2 976
3,130
3,186

41 321
21, 248
21, 403
127,119
24 608
8,545
24,888
12, 092
36,170

2 830
1,289
2,002
8,577
16 058
768
15 294
360
2,382

444

62, 576

1, 890, 572

35,345

317,394

49, 560

4

21, 898

370,342

618

389

49, 697

120

3,609
2,198
40, 038
1,596
2,162
379
1,221

18,377
13, 291
82,357
13, 437
27,183
3,916
16, 999

2,844
585
128, 937
2,844
17, 529
25
164

232
18
19,399

285, 027
65, 294
1, 607. 267
28, 572
110,065
11, 221
27, 452

12

36
109
3,164

7

10

89
1,315
99, 648
43
311

55

2,205
1,831
38, 356
1,301
2,078
722
1,778

10
1
2,045

82

149, 702
104,867
1, 566,161
63,750
129, 534
18, 605
73,040

6

7,638
50
110

6,609
3,791
76, 227
2 515
6,885
603
2,510

15

2

187

7,798

99,140

2,105, 659

51, 203

175, 560

152, 928

19, 706

48, 271

2,134,898

2,063

43

101, 408

3,329

1,180

697, 019 1, 212,157 36, 024, 784

32,171

3,598

554, 647

126, 722

148,348

10

17

225

577
35

1,002
559
69,300

126, 722

148,348

Total Western States,

256

4,073
1,785

42
79
27
246

66
39

_.

Total Pacific States..

47,107

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the United
States

47, 239 1, 535, 250 39,030,175 1,086,650 3,164, 653 3, 934, 010

1

2

1 698
11 672
3 754
7,692
10,088
295

2 164

1,175

7

65

7,317
30,896
50

17 529
10 681
4 739
76, 938
121, 275
638

2 924
20,182
22, 999

756
4,108

39, 003

231,800

35,199

48, 269

6,046

740

70
55

252
2,453
37

103
126
63
765
11,461
3

8 334
2 375
7 539
97,158
51, 289
367

2,807

12, 521

167, 225

235

629

70, 861

699,826 1, 224, 678 36,192,009

32,406

4,227

625, 508

77
51
19
106

5

1,180

20

163

Total possessions
Total United States
and possessions

1 743,071
489, 783
1, 057, 582
1,323, 741
759,024
525, 626
378 927
464,012

185
262

3,937

51,106
14,356
34, 737
37,915
19, 087
9,959
20 462
22,107

2 534
36
1,436
928

87
115
29
25

Total United States
(exclusive of possessions)

122 833
12,361
171, 683
32, 550
24 721
3,234
18 472
382,419

5,751

North Dakota
South Dakota
Nebraska
Kansas.
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Washington
Oregon
California . __
IdahoUtah
Nevada
Arizona. _ _

144 400
123,833
101,064
156, 627
48, 557
49,169
136 520
188, 647

1 352
405

.

Total Middle Western States ._ _

75 920
24, 901
61, 635
35, 502
25,396
12, 698
27 906
39, 578

885

1,990
43

.

2 098 045
816, 872
2, 072, 292
1,146,734
737 355
394,357
972 247
1, 634,166

78 905
23, 560
67, 916
59, 071
35 104
20, 493
31 518
68, 803

1 867
238

47,107

47, 239 1, 574, 253 39, 261, 975 1,121,849 3, 212, 922 3, 940, 056

i Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




GO

TABLE N O . 36.—Assets and liabilities of active State commercial banks, Dec. 30, 1950 l
ASSETS
[In thousands of dollars]

Number of
banks

Location

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

U.S.
ObligaLoans
Govern- tions
of
ment
and disStates
obligacounts,
and
tions,
including
political
direct
overand guar- subdidrafts
visions
anteed

94,772
41,248
35,912
577,114
273, 591
360,703

7,826
1,807
6,895
49,808
9,313
55,860

224

1,140, 904 1,383,340

249
119
335
25
103
10

7, 570,855 7,132,321
727, 242 1,097, 582
1,330,139 1, 547,189
241,755
159,137
446,032
290, 909
164,306
175,802

Total Eastern States

Total Southern States.._




200
68
28
100
14
204

568, 278

36, 952

614

1,520

294

76,096

6,451
22,279
9,986

5, 548,446
373,332
766,321
95, 542
184, 953
106,375

135,326
28,907
38,861
3,001
9,424
8,725

488
328
4,151
178
67
127

4,609
237
7,450
656
35
1,250

82, 662
317
1,772
3
144

1,388
3,595
933
3,288
14,749
4,085

131, 509

96, 291

28,038

70,627

676,933
168,995
219,341
22,051
28,096
6,971

321,206
58,353
193, 235
11,221
22,456
12,818

67,679
11,750
27,162
3,333
2,886
899

151,061
43, 579

841 10,242, 588 10, 640, 681 1,122,387

England

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

2,547
459
761
12,246
9,775
11,164

7,561
1,007
2,214
28,216
10,136
21,493

6,822
4,373
4,143
52,771
11,082
17,100

99,634
35,864
74,049
452,682
178,978
299,697

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

Investments
Balances
and
with
other
CusCorporate
other
Real
assets
tomers'
Bank
Other
stocks,
banks, in- premises
estate
indiliability
includbonds,
cluding
owned
Curing
rectly
on acowned,
notes,
reserve
other
rency
repreceptand
furnistocks of
balances.
than
senting
ances
deben- Federal and coin and cash ture and
bank
bank
outReserve
tures
items in fixtures premises
banks
premises standing
process of
or other
collection
real
estate

181
106
179
123
295
137
155
177
129
450
180
293
225

313,390
347, 585
196,497
146,179
428,
950
508,885
88899
65,860
,
325,328
246,045
174,118
316, 718
101, 617
106,398
167,008
194,255
167,077
182836
,
451,632
441,
935
89568
164,964
356,382
367,
111
230,395
176, 725
2,630 3,121,634 3,224,723

34,452
6,981
12, 937
262,764
63, 619
187, 525

154

1
1,115
250

619,289

113,709

309,452

7, 074, 969

224, 244

5,339

14, 237

26,601
14,468
117, 606
25,006
25,951
35,478
21, 568
86,372
78, 543
74, 057
23, 973
20,272
40,467

11, 379
5,302
55,877
5,621
2,128
1,971
2,037
3,456
2,891
11,850
3,816
17,424
4,891

1,099
1,223
1,634
171
1,304
261
182
331
667
2,366
169
923
1,417

21, 545
13,053
40,048
9,075
21,609
17, 707
10,648
18,864
19,401
30, 964
9,885
20,286
15,317

192, 633
99, 299
344,149
69, 610
202,438
135, 288
80,841
161, 763
163, 725
411, 560
132,064
261,219
131,132

9,367
3,459
9,683
1,363
7,757
6,457
1,822
4,403
2,719
13,643
2,208
4,820
5,931

86
165
133
63
367
122
162
246
43
993
19
80
308

1,383
601
323
2
123
52
204
3
257
353

590,362

128,643

11,747

248, 402

2,385,721

73,632

2,787

3,369

4
271
19

Other
assets

889
78
147
4,674
1,744
1,081

Total
assets

256,245
95,480
138,024
1,445,049
573, 270
958, 912

8,613
70,848 21,762,434
8,522 2, 519,144
13,392 4,225,109
1,747
545,075
5,582 1,012,863
1,471
488,730

84,898 101, 562 30, 553,355

11
399

1,684
1,722
7,089
302
2,600
1,612
453
662
799
1,336
359
1,219
804

926,757
481,968
1, 514,944
266,172
835,658
689,802
325,932
637,953
608,977
1,440,771
427,025
1,049,791
607,810

1.899

20,641

9,813, 560

567
200
8
18
590
19
82

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusi ve of possession s) - - Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the United
States
Total possessions
Total United States and
possessions

413
354
507
351
457
502
557
521
3,662

1, 295, 583 1, 734,856
407, 769
718, 571
821,784 1, 712, 933
873,120 1, 238,140
546, 589
717,278
299,041
371, 436
581,608
609,134
1,045,443
906, 684

5,870, 937 8,009, 032 1,116,166




166, 014
22,074
128,420
51,824
33,224
25,072
17, 361
53,190

4,805
1,023
6,258
2,963
800
115
587
15, 291

75, 603
31,871
41,026
53,074
29, 624
16,183
26,780
40, 549

838,105
275,749
797,141
496, 267
274,937
130,669
311,159
737, 622

23, 667
7,995
14,041
22,369
9.165
4,336
5,53.9
15,151

215
73
236
313
87
137
20
1,287

10,302
329
6,029
20
716
166
1,493
160

86
46
559
180
87
29
22
941

19,215

1,950

2
402

15

497,179

31,842

314,710

3, 861,649

102, 263

2,368

192, 377
126,318
184,436
275, 542
130,569
30,819
119, 310
36,019
97,258

20, 221
10,800
13, 511
64, 352
9,578
3,192
6,122
3,205
23, 563

5,855
1,931
3,857
1,966
6,282
504
1,429
150
1,671

265
86
290
332
218
56
255
45
77

3,588
3,360
4,761
10, 519
3,996
1,491
5,442
3,176
6,325

46,823
48,442
90,159
182,427
71, 474
25,667
78,309
26,316
70,316

439
844
1,150
2,599
731
637
1,527
683
1,159

2
45
22
2
20
79
148
11

1,363

867, 645 1,192, 648

154, 544

23, 645

1,624

42,658

639, 933

9,769

329

82
50
109
30
44
3
8

96,937
97,951
51, 482
79, 613
1,343,814 1, 504,448
48,808
35,374
116, 060
101,172
13,089
16,132
33,848
54, 288

18,738
13,305
209,162
4,510
16, 636
692
9,482

2,640
142
65. 660
313
2,758
3
2,038

157
52
5,060
57
317
17
91

6,051
3,794
34, 248
2,170
3,841
958
3,957

56, 627
33,406
640,167
26, 683
69, 440
5,541
24,459

2,227
1,359
31,189
709
995
247
2,033

36
44
160
11
88
81
226

326

1, 704,038 1,888,978

272, 525

73, 554

5,751

55,019

856, 323

38,759

646

192,711 1,040,868 15,386,873

485, 619

12,083

6,849
766
63
28, 392
21,356
251

344
18
1
2,983
4,147
1

38

109
134
294
438
71
29
76
25
187

59,716
67, 220
120, 661
263,013
77,074
26,640
118,216
34,353
100, 752

9,046 22, 947,746 26,339,402 3,387,493 1,438,601
14
(23)
()
8
11
1

11, 507
897
1,433
87,003
129,858
25

9,644
3,785

8

2,029

2

82, 275
91,901
1,119

9,142
25,273

3,033
24,085

533

230,723

188, 724

34, 588

165

1
35

11
29,158

9,081 23,178,469 26,528,126 3,422,081 1,467,759

* Includes stock savings banks.
4 branches of 2 American national banks.
2 branches of an American national bank.

2
3

210,825
60,435
270, 918
191, 343
100,858
49, 267
105,136
127,384

2,258
2,468
1,244
11,507
23,043
74

16
19
5

261
105
362
646
438
94
1,625
30
660

329, 545
259,108
419, 249
801,820
300,362
89,120
332, 319
104, 224
301, 847

90

4,221

2, 937, 594

26

329
362
12,179
34
385
129
283

281, 735
183.578
3,852,178
118,669
311,826
36,889
130, 707

13,701

4, 915, 582

5
70

6,086

134
2
176
39, 005

185
219

255

6
57, 683

7,494

442

255

193,246 1,081,481 15,444,556

493,113

12, 525

39, 260

4, 371,075
1, 528,168
3,810,169
2,934,870
1,717,783
898, 212
1, 660,166
2, 950,166

43, 298 19,870,609

6,112

95, 243 192,036 71, 557, 680
150
16,995
17,301
749
6,862 25, 587
9
14

19
40, 613

535

29
55
488

11, 014
2,233
10,824
5,257
4,418
1,761
1,327
6,464

6,862

60,805

32,829
24, 929
20,042
225,802
352, 586
1,479
215
657,882

102,105 252,841 72, 215, 562

TABLE N O . 36.—Assets and liabilities of active State commercial banks, Dec. 30, 1950—Continued

o

LIABILITIES
[In thousands of dollars]

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States




Demand
deposits

119,287
15,918
34,861
1,032,893
241,479
641,427

Time
deposits

113,123
69,020
88,884
276,667
273,969
238,059

Total
deposits

Bills
payable,
rediscounts,
and other
liabilities
for
borrowed
money

232,410
84,938
123, 745
1,309,560
515,448
879,486

"615"

Acceptances
executed
by or for
account of
reporting
banks
and outstanding

552
220

4
274
43

Other
liabilities

1,508
393
357
13, 216
7,498
6,709

Capital
stock i

7,602
1,611
5,728
38,057
12,850
24, 636

Surplus 2

7,189
4,786
4,239
46,839
26,806
32,189

Reserves
and retire
ment
for
Undivided account
preferred
profits
stock and
capital
notes and
debentures
5,279
3,366
2,929
23,400
5,971
12, 510

1,705
386
1,022
13,483
4,654
2,767

2,085,865

1,059, 722

3,145, 587

1,387

321

29,681

90, 484

122,048

53,455

24,017

17,015,403
1,345,463
2,686, 257
416,670
677,231
324,004

2,594,004
990, 642
1,117, 589
77.955
252,855
124,472

19, 609,407
2,336,105
3,803,846
. 494,625
930,086
448,476

630

95,319
317
1,772
3
144

223, 252
17,290
27,954
3,761
7,702
3,877

532,344
53,292
109,309
10, 519
20,485
9,800

931,013
68,251
203,375
27, 519
37,153
19,020

342,679
33,301
66,504
8,178
12,497
5,861

27, 790
10, 588
11, 798
438
4,721
1,696

22, 465,028

5,157, 517

27,622, 545

97, 555

283,836

735, 749

1, 286, 331

469,020

57,031

560, 551
308,627
1,086,229
209,603
595,845
491,908
235,763
508,498
475, 681
1, 226, 716
356,485
846, 281
395,743

289, 589
127,149
303,220
35, 278
162, 594
153,500
63,461
87,142
96,354
119, 262
41, 298
120, 440
161,036

850,140
435,776
1,389,449
244,881
758,439
645,408
299, 224
595,640
572,035
1,345,978
397, 783
966, 721
556, 779

650

24,004
13,665
21, 205
7,864
21,476
14,664
7,776
11, 748
12,375
34,111
9,577
24,357
16,151

29, 050
20, 295
56, 659
8,317
26, 594
18,572
10,548
25, 778
13,970
28,890
9,830
37, 950
16, 507

10,178
7,687
15,924
3,358
13,658
6,408
6,578
1,209
7,098
18,991
7,904
13, 293
11,194

4,753
2,137
7,637
765
5,825
1,857
752
821
1,593
4,846
1,460
2,334
2,264

7,297,930

1,760,323

9,058, 253

218, 973

302, 960

123,480

37,044

551
32
75

140
118

18

585

590
20

115

11
399

7,977
2,408
22,840
787
9,518
2,757
1,054
1,582
1,886
7,871
471
5,125
4,401

2,271

1,902

68,677

663

567
200

Ohio
Indiana
Illinois
Michigan—.
g Wisconsin. .
<» Minnesota..
co Iowa
g Missouri...

I

Total Middle Western States..
North Dakota..
South Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado
New MexicoOklahoma
Total Western StatesWashington.
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 Eico
American Samoa
Virgin Islands of the United States.
Total possessions
Total United States and possessions.

2,489,819
978,067
2,442,847
1,405,837
855, 111
469,417
1,167,515
2,270,854

1,588,719
450,104
1,099,895
1,329,943
749,099
363,564
377,837
466,279

4,078,538
1,428,171
3,542,742
2,735,780
1,604,210
832,981
1,545,352
2, 737,133

649
30

12,079,467

6,425,440

18,504,907

215,034
202,340
352,298
658,337
237,818
67,754
246,229
86,238
248,725

92,076
39,689
36,651
48,077
15,322
62,762
12,368
27,222

307,110
242,029
388,949
745,336
285,895
83,076
308,991
98,606
275,947

2,314,773

421,166

2,735,939

176,931
122,790
1,875,248
82,928
178,488
23,647
93,257

85,575
50,031
1,713,316
28,615
110,413
11,221
27,469

262,506
172,821
3,588,564
111, 543
288,901
34,868
120,726

2,553,289

2,026,640

4, 579,929

48,796,352

16,850,808

65,647,160

21,722
22,551
11,480
106,585
172,384
973

8,318
2,375
8,541
98,294
120,849
367
163

30,040
24,926
20,021
204,879
293,233
1,340
163

335,695

238,907

49,132,047

17,089,715

574,602
66, 221, 762

106
500

46
573
180
87
29
22
941

26,593
6,794
42,782
18,649
3,458
1,875
1,723
20,596

79,853
30,221
68,154
62,983
38,879
20,536
32, 705
70,093

126,968
37,970
78,565
68,002
43,378
22,622
42,643
64,851

49,872
21,368
46,236
38,150
22,523
14,975
29,936
50,218

8,516
3,568
31,110
11,031
5,248
5,194
7,679
5,834

1,387

1,964

122,470

403,424

484,999

273,278

78,180

763
108
859
1,085
735
248
2,263
49
1,517

6,422
5,390
10,705
16,808
5,007
1,457
7,642
2,325
7,520

5,048
4,982
10,714
21,984
4,753
2,644
7,698
1,792
7,832

6,705
5,649
6,362
14,899
3,523
1,290
4,493
305
7,143

3,497
950
1,235
1,518
449
405
977
1,077
706

90

7,627

63,276

67,447

50,369

10,814

26

1,124
623
30,006
425
1,436
224
1,052

6,675
3,830
83,865
2,565
7,077
603
2,510

6,155
4,381
87,048
2,578
8,667
823
4,733

4,638
1,659
50,100
1,307
5,139
371
1,047

611
264
6,001
251
606

34,890

107,125

114,385

64,261

8,372

1,619,031

2,378,170

1,033,863

215,458

715

785

792

446

7,317
30,896
50

7,206
7,068
65

2,952
1,461
20
47

2,520
848
4

95

410
190

15

250

2,032

"6," 594"

6,620
8,365

108,452

21
798
7,460

130
4,758

639

4,888

6,862

8,338

38,978

15,124

5,272

3,818

13,253

115,314

555,519

1,658,009

2,393,294

1,039,135

219, 276

I

@

» Includes capital notes and debentures. (See classification on pp. 160 and 161.)
Includes guaranty fund.

a




^1

TABLE N O . 36.—Assets and liabilities of active State commercial banks, Dec. SO, 1950—Continued
[In thousands of dollars]
00

Loans and discounts

Location

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

__..
England

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

Commercial
and
industrial
loans
(including
openmarket

Loans to
farmers
directly
guaranteed
by the
Commodity
Credit
Corporation

31,439
3,265
7,523
184,476
48,263
92,447

41

Total Southern States..




3,340
264
5,084
1,598
905
2,637

101
6,351
425
1,281

1,117
59
1,111
16,467
438
4,316

2,778
1,389
7,223
1,084
1,691
2,193

29,631
22,034
35,231
84,989
68,442
95, 215

10,512
4,960
9,038
37,667
31,902
18,065

Other
loans to
individLoans
uals
to banks
(consumer
loans)

20,697
3,315
7,889
121,178
24,471
84, 721

252
495
"465

All
other
loans
(including
overdrafts)

Total
gross
loans

897
592
1,638
4,198
4,244
2,520

100,805
35,878
74,737
458,503
180,781
303,864

14,089

valuation

1,171
14
688
5,821
1,803
4,167

Net
loans

99,634
35,864
74,049
452,682
178,978
299,697

367,413

13,828

8,158

23,508

16,358

335,542

112,144

262,271

1,212

1,154,568

13,664

1,140,904

, 422,561
165,514
411,885
54,265
66,935
40,255

22,540
1,552

935,457
2,657
32,402
2,275
775
1,594

238,661
9,627
24,306
2,217
11,743

13, 570
1,906
12, 628
5,566
9,969
54

711,850
313,117
349,004
39,391
79,405
47,269

120,353
50,304
80,817
15,579
24,011
14,520

873,402
184,462
405,774
37,027
86,662
50,624

45,937

292,282 7, 677,024
9,425
738,564
26,537 1,352,155
1,180
159, 731
7,734
293,813
10, 254
165,197

106,169
11,322
22,016
594
2,904
891

7, 570,855
727, 242
1,330,139
159,137
290,909
164,306

41,129

975,160

287,181

43,693 1,540,036

305,584 1,637,951

45,943

347,412 10,386,484

143,896 10, 242,588

683
91
3,559
1,978
155
90
668
296
691
250
842
196

1,056
5,383
13,661
1,445
5,919
3,353
1,430
5,083
778
7,324
1,119
9,610
1,868

14,130
7,214
19,675
4,366
17,027
5,379
9,762
12,778
9,059
8,100
6,909
37,875
23,399

89,607
50,172
69,993
16,607
74.433
41,481
21,397
18,767
31,700
39,536
16,329
55,602
50.434

18,820
14,402
29, 931
2,978
16,745
12,897
5,430
9,118
14,526
16,550
5,508
20,281
13,639

122,818
39,550
158,885
19,965
83,851
53,034
29,741
35,834
47,956
140,960
22,359
83,154
74,677

9,499

58,029

175,673

576,058

180,825

912,784

106
157
306

Total Eastern States.... 5,161,415
Virginia
West V i r g i n i a North Carolina.
South Carolina..
Georgia
Florida
Alabama
_.
Mississippi
Louisiana
Texas.
Arkansas
...
Kentucky
Tennessee

Other
loans
to
farmers

Other
Real-estate loans
loans for
the purLoans to pose of
Secured Secured
by
brokers purchas- by
farm
resiSecured
ing or
and
land
dential
by
dealers carrying (includpropother
stocks,
in
ing
erties
propsecurities bonds
im(other
erties
and
provethan
other
ments)
farm)
securities

2,074
6,267

85,284
24,065
199,326
12,395
103,179
44,162
19,652
65,141
42,457
140,176
21,119
108,087
42,063

144
102
73
17,082
362
379
157

10,829
3,952
12,278
5,338
16,042
8,444
13,601
18,659
7,890
78,406
14,512
28,636
21,448

907,106

19,554

240,035

661
7
64
416
107

2
100

170
350

6,793
2,786
8,096
3,456
8,702
6,537
1,499
2,994
4,628
5,318
1,832
15,706
4,251

350, 683
147, 715
516, 500
66,616
328, 553
175,549
102, 746
169,179
159,363
454,203
90,299
360,342
232,482

3,098
1,536
7,615
756
3,225
1,431
1,129
2,171
2,286
2,571
731
3,960
2,087

347,585
146,179
508,885
65,860
325,328
174,118
101,617
167,008
157,077
451,632
89, 568
356,382
230,395

2,069

72,598

3,154,230

32, 596

3,121,634

2
261

\JUIO

324,285
68,119
328,460
140,130
117,045
29,046
85,654
365,056

1,773
1,549
2,740
373
12
6,598
25,220
7,889

35, 521
49,574
75,469
47,282
56,152
83,114
194, 713
82,223

32,686
551
23,985
421
760
10
677
2,906

84,971
3,599
17,378
12,443
6,177
1,587
4,546
13,447

1,457,795

46,154

624,048

61,996

144,148

22,868
7,855
15,109
27,567
15, 512
1,549
3,293
664
4,900

19,073
33,703
61,759
99,081
17,506
8,285
26,167
7,743
31,690

99,317

305,007

10, 511
1,697
430
5,671
674

7,027
4,070
27,701
11,005
15,692
1,400
3,941

19
9,778
35
328

70,836

_

Indiana .
Illinois
. _
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
__

3,177
North Dakota
5,151
South Dakota. _
11,971
Nebraska
38,026
Kansas _
11,868
Montana
4,804
Wyoming___
__ __ _
31,527
Colorado
7,282
New Mexico.
__
14,673
Oklahoma
Total Western States... 128,479
Washington _
24,461
10,430
Oregon
370,629
California- .
11, 728
Idaho
Utah _
._ . 28,806
2,055
Nevada
8,920
Arizona
457,029
Total Pacific States
Total United States (exclusive of possessions) _ 8,479,237
6 312
Alaska
766
Canal Zone (Panama)
1 013
Guam
23,071
The Territory of Hawaii
61, 212
Puerto Rico
American
Samoa
Virgin Islands
of ...
the United
States
92,374
Total possessions
Total United States and
8,571,611
possessions .




44, 716
33,175
17, 626
33,244
47,617
26,309
49,784
34,587

391, 462
130,754
146, 209
352,737
180,182
80,739
110,155
245, 560

287,058 1,637,798

23
56
5
229

29,001
4,507
27,082
10,906
8,329
3,447
4,529
15, 747

1,313,477
412,551
830,278
881,272
554,135
300,567
585,702
1,054,061

17,894
4,782
8,494
8,152
7,546
1,526
4,094
8,618

1, 295,583
407,769
821, 784
873,120
546, 589
299,041
581,608
1,045,443

767

103, 548

5,932,043

61,106

5,870,937

166
401
1,472
2,154
778
73
248
447
759

60,268
67,994
122,110
264,155
78,616
26,880
119,226
35,180
101,362

552
774
1,449
1,142
1,542
240
1,010
827
610

59. 716
67 220
120,661
263,013
77,074
26,640
118,216
34,353
100,752

6,498

875,791

8,146

867,645

589
738
30,517
704
982
205
61

97, 727
51,926
1,367,718
49,194
117,179
13,162
34,092

790
444
23,904
386
1,119
73
244

96,937
51,482
1,343,814
48,808
116,060
13,089
33,848

33, 796

1,730,998

26,960

1,704,038

293,347
96,775
160,600
226,550
87,332
53,215
85,682
221,309

300
44
110

343,921 1,224,810

75, 415
23,904
30, 619
57,186
50, 506
16, 446
24,737
65,108

2

68
211
790
1,402
859
48
1,484
314
851

2,649
2,637
5,743
12, 721
1,679
934
1,451
740
3,806

5,417
9,092
9,218
35,440
14, 285
5,705
15,965
6,964
9,092

1,265
2 000
2,321
6,658
3,651
1,559
4,403
1,450
2,591

5,585
6 944
13,574
40,690
12,478
3,923
34,328
9,576
32,998

820

6,027

32,360

111, 178

25,898

160,096

3

645
519
12,392
224
244
179
117

4 254
2,332
22,740
1,152
5,963
136
615

26, 751
15,797
600,182
7,266
34,734
4 541
12,203

7,283
4,020
106,815
1,930
12,958
1 617
1,443

16, 206
12,304
186,407
9,479
16,786
3 026
6,789

10,163

14,320

37,192

701,474

136,066

250,997

142

185,033 1,294,883 1,065,796

533, 213

592,334 4, 902,086 1,104,438 4,448,909

50, 244

18,983

93
391
334

9

3

53

3,427

1,563

29
38,988
17,867

20
7,244
2, 758

60,311

11,585

14,188

5
63

11,413
1,100

1
375
2,766

14,197

68

12,516

3,195

185,033 1,309,080 1,065,864

545,729

60
25
26

111

127
12
3

577,941 23, 234,114

155
93
369.
5,485
19,836
25

2
38
1
432
10,532

11, 524
897
1,433
87,013
130,322
25

25,963

11,005

231,214

595,529 4,962,397 1,116,023 4,474,872

50, 244

588,946 23,465,328

286,368 22,947, 746
17
10
464

491

11,507
897
1,433
87,003
129,858
25

230,723

286,859 23,178,469

CO

TABLE NO. 36.—Assets and liabilities of active State commercial banks, Dec. SOt 1950—Continued
[In thousands of dollarsl
Capital
Location

IndividStates
Capital
uals, part- U.S.
and
Prenotes
nerships,
Governpolitical
ferred Common
and
stock
and corment
subdivideben- stock
porations
sions
tures

Maine
New Hampshire _
Vermont
Massachusetts...
Rhode Island
Connecticut

212

50

Total New England
States
New York
New Jersey
Pennsylvania.
Delaware.Maryland
District of Columbia. _
Total Eastern States
Virginia
West Virginia...
North CarolinaSouth Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas.
Arkansas
KentuckyTennessee
Total Southern States.-_-




Demand deposits

3,113
34,567

8,711
12,992
1,436

192

670

34,759

23,809

"88
66
100
10
10
197

711

862,575
194,068
541,344

87,371

3,686
308
1,085
25,022
7,240
21,596

158,872

1,152
1,458
12

3,646
335
797
32,704
7,944
17,332

111,638
68,935
87,988
272,283
272,787
237,680

Postal

Banks Banks
and
in
in
foreign
political United
subdivi- States countries
sions
1,118
85
845
3,714
123
349

367

29
605
230

22

829

58,937

66,410

2,622

62,758

1,051,311

1,231

363,878
36,062
70,564
19,458
14,278
6,482

448,373 2,087,431
113,207
25,797
102,074
116,052
20,295
3,799
56,231
34
9,076

630,149
528
213
1,224
329

672,555
36,922
40,478
8,447
8,130
5,354

2,278,511
967,799
1,058,030
59,173
250,179
107,714

8,664
376
283
355
1,134
5,000

17
205

55,046 115,615 136,168
22,279
188
59,021
170
18,427
1,520
553
11,000

677,181 17,528,722

510,722

740,214 2,281,041

632,443

771,886

4,721,406

15,812

307

156,846 115,978 147,168

267,622
125,928
262,876
33,558
159,900
147,881
63,013

1,186
372
2,337
2
678
137
131
503
1,250
34
252
2,713
71

229
250
159
7
468
311
22

20,264
356
37,153
466
967
4,851
180

409
18

3,345
7,888
588
546
5,752

9,666

1,978

2,622
12,549
7,828
3,659
5,297
5,612
11,661
3,288
13,607
6,753

46,458
36,739
81,933
22,113
61,663
76,929
31,243
77,706
103,986
121,674
36,035
69,189
53,480

56,505
12,042
215,083
4,811
42,890
9,349
1,605
42,706
35,675
39,400
15,359
116,282
8,580

124,177

819,148

600,287

10,233
18,379

17
505
205
4,085

214,177

5,670,024

44
9
1,298
305

2,261
780
438
38,323
2,824
21,784

U.S.
Government

1,736,266

438,107
230,575
752,464
179,159
473,786
392,413
197,879
379,305
326,640
1,036,277
299,627
639,291
324,501

375
100

12,238
2,297
3,916
73,117
27,945
39,359

IndividBanks Certified
uals, partand
in
nerships,
cashiers'
foreign
and corcountries checks
porations
etc.1

489,066 12,813,017
40,300 1,132,947
107,873 2,356,876
10,519
364,671
19,623
558,482
9,800
302,729

22,777
13,425
20,830
7,676
21,410
14,620
7,667
10,440
12,060
33,914
9,560
23,852
15,946

1,227
240

97,456
12,198

7,390
1,611
3,836
37,098
12,850
24,586

Banks
in
United
States

Time deposits

328
~~58

143

255
"36

820

10,892
14,002
898
4,957
5,246
1,377
3,484
3,768
17,449
2,176
7,876
2,429
83,474

90,355
110,512
40,422
117,143
155,020

1,6

95

85

6,234

82,356

851

288
243
695
1,245
581
320
115

810
33
129
5,454

Ohio.
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa__
_
._
Missouri
Total Middle Western
StatesNorth Dakota
South Dakota
Nebraska _
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)._
AlaskaCanal Zone (Panama)
Guam
The Territory of Hawaii
Puerto Rico
American SamoaVirgin Islands of the United
States
Total possessions—
Total United States and
possessions.
1

728
1,867
238

885

1,352
405

78,750
28,354
67,916
58,910
35,104
20,493
31,353
68,803

5,751

7,990

389,683

9,843,799

303,437

946,290

768,244

87
115
29

9

36
5

6,326
5,275
10,634
16,729
4,955
1,211
7,642
2,289
7,515

165,474
175,235
320,876
509,375
189,514
57,329
199,521
69,823
203,425

4,019
3,072
5,362
8,491
4,680
429
2,976
3,130
3,186

41,321
21,248
21,403
127,119
24,608
8,545
24,888
12,092
36,170

2,830
1,289
2,002
8,577
16,058
768
15,294
360
2,382

3

1,390
1,496
2,654
4,775
2,958
683
3,550
833
3,559

444

62, 576

1,890,572

35,345

317,394

49,560

4

21,898

370,342

149,702
104,867
1, 566,161
63,750
129,534
18,605
73,040

3,573
2,198
40,038
1,596
2,162
379
1,221

18,375
13,291
82,357
13,437
27,183
3,916
16,999

2,844
585
128,937
2,844
17,529
25
164

232
18
19,399

82

7,638
50
110

6,609
3,791
76,227
2,515
6,885
603
2,510

55

2,205
1,831
38,356
1,301
2,078
722
1,778

85,445
48,721
1,607,267
28, 572
110,065
11,221
27,452

187

7,798

99,140

2,105,659

51,167

175,558

152,928

19, 706

48,271

1,990
43

25

256

375
4,073
1,785

42
79
27
246

6
1,562
2
824
21
6
15
121

165
90
31
80
112
184
52
72

87,393
70
42,280
10,848
3,092
4,921
350
1,968

8,871

208,826

6, 270, 565

2,557

786

150,922

610

44,808
38,082
36,614
86,620
47,679
15,317
62,622
11, 579
27,021

21
11

1
7
5
22
4
5

47,231
1,589
32
287
334

15

458
3

75,907
24,822
61,635
35,500
25,391
12,698
27,906
39,578

144,180
122,421
101,064
156,315
48,557
49,169
135,937
188,647

122,833
12,332
171,683
32,550
24, 721
3,234
18,472
382,419

2,534
36
1,436
928

1

106

5

330
15

100

618

389

49,697

120

10

6

2,045

_2

3,164

7

10

89
1,310
99,648
43
311

15

2

1,918,743

2,062

43

101,403

47,239 1,530,128 38,775,042 1,083,785 3,157,476 3,918,470

664,466 1,197,113 15,993, 236

31,946

3,598

8,291
2,375
7,539
97,158
51,289
367

10

17

225

577
35

167,182

235

667,273 1,209,628 16,160,418

32,181

2

1,698
11,672
3,754
7,692
10,088
295

65

2,924
20,182
22,999

1,168
7

7,317
30,896
50

16,750
10,681
4,739
76,938
121,275
638

756
4,108

252
2,453
37

97
126
63
765
11,461
3

38,978

231,021

35,199

48,114

6,039

2,807

12,515

715

2,009

25
1,180

20

3,209

1,180

547,458 126, 222 148,348

1,002
559
69,300

163

41,664

47,239 1,569,106 39,006,063 1,118,984 3,205,590 3,924,509

Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




70
55

77
51
19

140
1
83

66
39

41,664

1.501.050
448,130
1,057,582
1,318,114
745,823
358,434
377,420
464,012

105
252

3,937

50,401
14,172
34,737
37,901
19,087
9,959
20,462
22,107

2,093,964
804,284
2,072,292
1,142,643
737,355
394,357
964,738
1,634,166

629
_________
4,227

70,861
618,319 126,222 148,348

TABLE NO.

37.—.

and liabilities of active mutual savings banks, Dec. 30, 1950

o
to

ASSETS
[In thousands of dollars]

ObligaU.S.
Loans
tions of
GovernNum- and disStates
counts, ment oband
ber of
including ligations, political
banks
direct and
oversubdidrafts guaranteed visions

Location

Maine _
New Hampshire
Vermont
Massachusetts Rhode Island
Connecticut

-

-

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

-

Total Eastern States.
Ohio
Indiana
Wisconsin
Minnesota

- -

-

--

Total Middle Western States._
Washington
Oregon

______

Total Pacific States
Total United States..




32
57,861
34
127,155
7
68,507
189 1,336, 094
8
108,008
72
437, 778

157, 907
140,147
20,690
1, 930,024
129,969
808,889

342 2,135,403

3,187,626

130 5, 228, 791
23
205,878
7
163,859
2
17, 786
9
69,976

6,189,434
306,832
548,688
19,448
303, 963

171 5, 686,290

7,368,365

Other
bonds,
notes,
and
debentures

InvestBalances
ments
with
and
other
Real
Corporate
other
Bank
banks, in- premises
estate
stocks,
assets inowned
including Currency cluding
directly
owned,
other
stocks of and coin reserve furniture
reprebalances
than
Federal
senting
and
and cash fixtures
bank
Reserve
bank
items in
premises premises
banks
process of
or other
collection
real
estate

37,687
17,967
1,784
285,165
36,514
150, 793

6,944
20,905
928
84,680
12, 699
47,161

2,133
1,163
610
15,567
2,411
8,960

6,925

529,910

173,317

50,179
7,842
8,002
749
240

837, 683
115,319
416,400
60,256
53, 595

6,651
312
30
421

67,012 1,483,253

667
1,175
306
3,360
75
1,342

9,023
7,783
2,731
72,297
7,210
42, 479

1,057
1,479
766
15,508
1,641
5,654

291
339
20
318
1
1,569

30,844

141,523

26,105

2,538

62, 020
4,606
5,390
134
1,546

447, 268
26,460
21, 558
3,781
14,223

67,077
4,212
9,373
518
1,413

12
150
65
3,159

7,414

73, 696

513.290

82, 593

3
4
4
1

122,629
17, 225
3,936
77, 111

107, 617
24,806
7,737
60,419

1,140
102
865
10, 679

10, 627
1,586
118
29,150

121
16
34

4,219
307
230
382

15,157
3,449
1,524
3,532

204
168
62
300

12

220,901

200,579

12, 786

41,481

171

5,138

23,662

734

3
1

82,394
11, 762

106, 510
4,714

1,504
17

17, 772

817
59

6,882
1,002

674
25

4

94,156

111, 224

1,521

17, 772

529 8,136, 750 10,867, 794

88, 244 2,072, 416

180,902

876

7,884

699

110, 554

686,359

110,131

4
276
281

561

Total
assets

121
240
104
5,211
218
13,703

273, 695
318,353
96,722
3,748,505
298, 746
1, 518,328

19,597

6, 254,349

5,698
19
17

81,826 12,979,485
673, 770
2,216
. 5,325 1,178, 654
3
103, 246
9,142
454,163

5,734

98, 512 15,389,318

219

879
9
20
36

262, 593
47, 668
14, 526
181,828

219

944

506,615

22

408
51

216,961
17, 652

459

234, 613

22
5,697

Customers' liability on Other
acceptassets
ances outstanding

6,536

119, 512 22, 384,895

TABLE NO. 37.—Assets and liabilities of active mutual savings banks, Dec. 30, I960—Continued
LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Maine
New Hampshire
Vermont
M assachusett s
Rhode Island

70

-

_

.

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

453
692
73
316

AcceptBills payances
able, rediscounts, executed
Capital
by
or for Other lia- notes
and
other
and
Time deposits Total deposits liabilities account
of
bilities debentures
reporting
for borbanks and
rowed
money outstanding
237,775
277,841
85,408
3,311,389
267,342
1,336,045

237,845
277,841
85,861
3, 312,081
267,415
1, 336, 361

20

20

1,604

5,515,800

5, 517,404

3,983
8,312
392
3
1,659

11,660,838
590,918
1,076,477
87,819
400,573

11, 664,821
599, 230
1, 076,869
87,822
402,232

Total Eastern States . . . _

14,349

13,816,625

13,830,974

Ohio..
—
- _
Indiana
Wisconsin
_ __ _
Minnesota
Total Middle Western States

1,930
3,684
5

241,001
39,620
13,207
167,192

242,931
43,304
13, 212
167,192

5, 619

461,020

Washington
_
__
Oregon
Total Pacific States

38

Total United States
1

Includes guaranty fund.




722
849
713
15,506
4,434
12, 233
34,457
53,341
4,397
2,944
166
3,841

5,143

5,143
300

20,518
21,340
579
214,871
24,370
103, 745

profits

14,015
13,632
2,308
206,014
2,034
65,107

Reserves
and retirement account for
capital
notes and
debentures
595
4,691
2,118
13
493
882

385,423

303,110

8,792

920,989
62,149
82,709
2,480
19, 580

301, 760
929
5,119
151
28,420

38, 574
6,765
11,013
12,627
90

1,087, 907

336,379

69,069

4,226
39
112
910

13,835
3,350
1,060
13,000

291
243
139
726

1,310
732
3

466, 639

5,287

31,245

1,399

2,045

199,593
16,688

199,631
16,688

1,635
241

11, 733
447

2,694
276

1,268

38

216,281

216,319

1,876

12,180

2,970

1,268

21, 610

20, 009,726

20,031,336

1, 516, 755

643,858

81,174

64,689

============

20

106,309

300

Surplus i

Undivided

5,443

a
o

1
o

o

a

tats

TABLE N O . 37.—Assets and liabilities of active mutual savings banks, Dec. 30,

1950—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 New England States.
New York
New Jersey
Pennsylvania
Delaware. __
Maryland

651
2,301
669
97
89

28
144
1,037

3,807

1,209

Other
loans for
the purpose of
purchasing or
carrying
stocks,
bonds,
and other
securities

24 555

Western

24, 555




58,046
127,155
68,829
247 1,351,384
109,713
52
117 444,360
166
432

185

Net
loans

57,861
127,155
68, 507
1,336,094
108,008
437, 778

13, 947 1,854, 516

238,340

44,843

1,014 2,159,487

24,084

2,135,403

835,413
29,754
17,489
170
10,826

18, 521
855
549

205,108
6,651
7,837

6,521

465 5,433,899
72 212, 529
1,250
171,696
23
17, 786
736
70,157

181

5,228, 791
205,878
163, 859
17, 786
69,976

893, 652

26,446

2,546 5,906,067

219, 777

5,686,290

468
1,444
288
8,088

15,139
398
14
30

2,730
1

127,900
17,396
3,948
79, 575

5,271
171
12
2,464

122,629
17, 225
3,936
77, 111

2,731

228,819

7,918

220,901

322
15,290
1,705
6,582

61
17

61

10,221 4,971, 511

106

15
64

3,721
2,114
50
13, 586

81,272
13, 270
3,595
57,871

106

79

19,471

156,008

10,288

15, 581

214

61,299
10,428

20,276
1,306

622
28

214

71, 727

21,582

650

94,173

17

94,156

43,853 7,053,762 1,163,862

87, 520

6,291 8,388,546

251,796

8,136,750

Total Pacific States
29,975

1,121
4,315
2,017
25,314
6,901
5,175

Less
valuation
reserves

186

Washington
Oregon

Total United States

905
4,353
195,673
5,105
32,304

Total
gross
loans

7,330 4, 572,153
181,809
39
151,835
573
360
17,233
1,919
48, 481

1,613

Ohio
.__
Indiana
Wisconsin...
Minnesota

Other
All other
loans to Loans loans
(inSecured Secured
by
resiindividcluding
by farm dential Secured uals (conto
overland (in- properties by other sumer
banks
drafts)
cluding
properties loans)
improve- (other
than
ments)
farm)

1,811

_

1,613

Real-estate loans

54,977
162
119,963
55,103
5,251
5,464 1,123,399
97,395
171
403,679
2,899

36
399
1,190

17

Total Eastern States....

Total Middle
States

Loans to
farmers
directly
Loans to
guaranbrokers
Other
teed by loans
and
to
the Com- farmers dealers
in
modity
securities
Credit
Corporation

1,332

1,951

82,411
11, 762

17~

82,394
11, 762

TABLE N O . 37.—Assets and liabilities of active mutual savings banks, Dec. 30, 1950—Continued
[In thousands of dollars]

Demand deposits
Individuals, partnerships,
and corporations

Location

Maine
New Hampshire
Vermont
IVlassachusetts

-

States
and
political
subdivisions

Banks in
United
States

4

__ _ __

Banks in
foreign
countries

Certified
and
cashiers'
checks,
etc.*

Individuals, partnerships,
and corporations

U. S.
Government

66

236,994
277,841
84,892
3,311,389
267, 204
1,335,954

6

775

3

492

21

138
71

20

_

New York
New Jersey

Pennsylvania
Delaware
Maryland
Total Eastern States

-

Ohio

Indiana
Wisconsin
Minnesota
Washington
Oregon
Total Pacific States

1

10
380

693

55

476

5, 514, 274

9

1,476

41

g

109
7,395

1,564
25
170
3

11
563

2,299
329
222

200

5
4,100
19
109

50
154

3

648

11, 660, 583
586, 664
1,076,458
87, 710
400, 561

8,515

1,762

574

3,498

13, 811,976

212

4,233

204

1,226
2,852

13
77
5

624

691
102

240,041
39, 610
13, 201
167,192

880

80
10

95

624

36

2

29

-

Total Middle Western States

4,078

__

Total United States

29

793

-- , _.
--

12,973

36

2

2,586

1,255

29

4,767

o
o

12

3

3

460, 044

3

883

90

199, 582
16, 573

1

5

11
109

216,155

1

5

120

20,002,449

225

6,597

455

Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




Banks in Banks in
United foreign
States countries

9
328
65
8

1,011

--

States
and
political
subdivisions

54

- __

Postal
savings

20
364
7
298

370

-

Rhode Island
Connecticut
Total New England States

1

U.S.
Government

Time deposits

o
d

TABLE N O . 38.—Assets and liabilities of active private banks, Dec. 80> 1950
ASSETS
[In thousands of dollars]

Location

Number of
banks

U.S.
ObligaOther
tions of
bonds, CorLoans and Governdiscounts, ment ob- States and notes, porate
ligations,
political
and
including
overdrafts direct and subdivi- deben- stocks
guaranteed
sions
tures

Currency
and
coin

Balances
with other
banks, including
reserve
balances
and cash
items in
process of
collection

21

132

279

130

55

65,638
3,452

132
235

27
66

69,090

367

93

Bank
premises owned, furniture
and fixtures

276,249
22,236

16,856

2,232

298,485

40
275

116
26

6,170
52, 589

297

315

142

58, 759

14
34
74
42

4

19

5,720
13, 504
10,680
10,007

7,941

164

4

19

39,911

3,918

95,043

958

467

2,395

399,037

42

415

8

1

2

1,086

3,960

95,458

966

468

2,397

400,123

New York...
Pennsylvania

4
9

80,549
4,842

59,215
10,917

44,242
1,116

291
423

6,719
421

13

85,391

70,132

45,358

714

7,140

355
757
1,112

35
12

2,570
13,440

443
17,663

9
3,723

2
636

87

396
1,303

2,496
15,237

98
199

47

16,010

18,106

3,732

638

87

1,699

17,733

5
7
10
6

2,137
3,761
6,580
3,541

1,618
4,613
1,747
3,833

701
1,004
487
469

49
4
255
5

4

98
494
247
136

1,103
3, 594
1,263
1,981

Total Middle;Western States-

28

16,019

11,811

2,661

313

4

975

Total United States (exclusive of possessions)

90

118,142

100,590

51,751

1,665

7,252

1

305

147

91

118,447

100, 737

Alaska
Total United States and
possessions




166
51,751

1,831

7,252

w
2,225

541

Total Southern States

o
Total
assets

16,856

722

Ohio... .
Indiana
Michigan
Iowa

Customers' liability on Other
accept- assets
ances out
standing

1,882

2

Georgia
Texas

Investments and
other assets
indirectly
representing bank
premises
or other
real estate

2

Connecticut..

Total Eastern States

Real
estate
owned,
other
than
bank
premises

16,856

16,856

o
o

1

TABLE NO. 38.—Assets and liabilities of active private banks, Dec. SO, 1950—Continued
LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Connecticut
NewYork
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 payable, rediscounts,
and other
liabilities
for borrowed
money

Acceptances
executed by
or for
account of
reporting
banks and
outstanding

Other
liabilities

Capital
stock

Surplus

Undivided
profits

Keserves

1,281

410

1,691

25

166

220,676
8,296

2,869
11,928

223, 545
20, 224

4,690

20,082

7,900
23

2,950

12,995
1,916

284

3,803
73

228,972

14, 797

243, 769

4,690

20,082

7,923

2,950

14,911

284

3,876

4,339
45,902

663
2,698

5,002
48,600

16
18

232
1,228

674
2,298

141
204

105
241

50,241

3,361

53, 602

34

1,460

2,972

345

346

3,089
10,608
4,419
8,092

1,991
2,043
5,627
1,507

5,080
12, 651
10,046
9,599

12
18
3

155
206
161
165

190
475
199
121

283
146
243
121

8
28
1

26,208

11,168

37,376

33

687

985

793

37

306,702

29,736

336, 438

7,990

5,122

19,034

1,422

4,259

947

43

990

1

25

25

45

307,649

29, 779

337,428

7,991

5,147

19,059

1,467

4,690

4,690

20,082

20,082

4,259

o
o

§
o

TABLE N O . 38.—Assets and liabilities of active private banks, Dec. SO, 1950—Continued
oo

[In thousands of dollars]
Loans and discounts

Location

Connecticut
New York
.
Pennsylvania
Total Eastern States

Commercial and
industrial
loans (including
open-market paper)

Loans to
farmers
directly
guaranteed Other
by
loans to
the Com- farmers
modity
CreditCorporation

163

6

55,866
1,211

3
48
51

57,077

Real-estate loans
Otherloans
for the
Other
Loans to purpose of
All other
loans to Loans loans
brokers purchasing Securedby Securedby
(inindividto
and
or carrying farm land residential Secured
cluding
uals
banks
dealers in stocks, (including properties by other (consumer
oversecurities bonds, and improve- (otherthan properties loans)
drafts)
other
farm)
securities ments)

10,335

8,296

10,335

8,296

3

221

39

288

97

37
1,743

12
436

323
1,259

97

1,780

448

1,582

Total
gross
loans

Less
valuation
reserves

Net
loans

3

2

722

134

5,799
48

80,805
4,842

256

80,549
4,842

134

5,847

85,647

256

85,391

722

405
3,548

134

322
2,500

241
329

735
1,269

154
498

671
4,832

42
330

2,570
13,440

2,570
13,440

3,953

134

2,822

570

2,004

652

5,503

372

16,010

16,010

416
1 239
1,059
149

50

112
184
624
299

546
1,366
1,487
231

90
115
380
36

778
408
1,653
1,476

28
8
47
509

2,137
3,776
6,580
3,541

15

222

167
456
1,280
619

2,137
3,761
6,580
3,541

Total Middle Western States.

2,863

222

2,522

50

1,219

3,630

621

4,315

592

16,034

15

16,019

Total United States (exclusive of possessions)

64,056

356

5,401

8,346

1,889

7,635

1,760

11,688

6,813

118,413

271

118,142

1

66

29

2

305

1,890

7,701

1,789

6,815

118,718

Georgia
Texas
Total Southern States
Ohio
Indiana
Michigan
Iowa

Alaska
Total United States and possessions




10,335

207
64,263

356

5,401

10,335

8,346

11,688

134

134

305
271

118,447

fel

O
O

E

TABLE N O .

and liabilities of active private banks, Dec. 30, 1950—Continued

38.—

[In thousands of dollars]
Time deposits

Demand deposits
Individuals,
States
Banks in Banks in
and
partnerships, U.S.
Govern- political United
foreign
and
subment
States countries
corpodivisions
rations

Location

Connecticut -

1,278

-

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

Certified
and
cashiers'
checks,
etc.*

States
Individuals, U.S.
Banks in Banks in
and
Postal political
partnerships, Governforeign
United
and corpo- ment savings
States countries
subrations
divisions

3

410

163,237
7,667

4
1

397
513

14,898

32, 553

9,587
115

2,724
11,626

100
302

45

170, 904

5

910

14,898

32,553

9,702

14, 350

402

45

4,073
41, 714

249

21

184
2,925

34
579

27
435

663
2,519

179

51,787

270

3,109

613

462

3,182

179

2
2

220
788
312
583

14
82
14

1,980
2,043
5,627
1,507

11

2,855
9,736
4,091
7,509
24,191

4

1,903

242,160

279

5,922

15, 511

155

7

6,077

15, 518

779~
242, 939

279

32, 553
32, 553

o
o

3
C

110

11,157

11

10, 277

29,099

592

45

6

43

10,283

29,142

592

45

O

d

* Includes dividend checks, letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




o
CO

170

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 39,—Per capita demand and time deposits of individuals,
and corporations in all active banks, Dec. 30, 1950

Population
(approximate)

Location

Deposits of individuals, partnerships, and corporations (in thousands)
Total

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

partnerships,

Per capita

Demand

Time

Total
957.62
839.74
1,441.93
1,196.49
1,396.20

Demand

Time

928,000
542,000
384,000
4,766,000
805,000
2,040,000

$639,858
519,031
322,462
6,872,222
963,177
2,848,256

$212,498
131,182
86,628
2,840,444
400,789
1,104,150

$427,360
387,849
235,834
4,031,778
562,388
1,744,106

9,465,000

12,165,006

4,775,691

7,389,315

1,285.26

504.56

780.70

New York
15,042,000 36,714,437 21,137,614 15,576,823
New Jersey
4,914,000 4,898,030 2,334,544 2,563,486
Pennsylvania
10,648,000 10,462, 231 6,400,096 4,062,135
159,634
Delaware
323,000
547,341
387,707
812,835
Maryland
2,381,000 1, 797,100
984. 265
825,844
207,906
District of Columbia.-.
815,000 1,033,750

2,440.79
996.75
982.55
1,694.55
754.77
1,268.40

1,405.24
475.08
601.06
1,200.33
413.38
1,013.30

1,035.55
521.67
381.49
494.22
341.39
255.10

Total New England States

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

„.

34,123,000

55,452,889

$228.98
242.03
225.59
595.98
497.87
541. 25

$460.52
715.59
614.15
845.95
698.62
854.95

32,070,070

23,382,819

1,625.09

:9.84

685.25

476.38
375.86
348.30
262.47
396.98
558.90
333. 22
286.60
472.19
705.31
355. 23
437.48
458.49

304.08
251.94
264.47
222.93
308.12
433.42
251.76
227.05
371.44
634.47
304.75

172.30
123.92
83.83
39.54
88.86
125.48
81. 46
59.55
100.75
70.84
50.48
74.40
131.29

3,372,000
2,038,000
4,128,000
2,151,000
3,500,000
2,816,000
3,111,000
2,214,000
2,727,000
7,836,000
1,940,000
2,992,000
3,345,000

1,606,363
766,008
1,437,787
564,566
1,389,437
1,573,872
1,036,653
634,540
1,287,670
5,526,802
689,147
1,308,946
1,533,664

1,025,359
513,460
1,091,744
479,520
1,078, 436
1, 220,513
783,223
502,696
1,012,910
4,971,719
591, 222
1,086,333
1,094,477

581,004
252,548
346,043
85.046
311,001
353,359
253,430
131,844
274,760
555,083
97,925
222.613
439,187

42,170,000

19,355,455

15,451,612

3,903,843

458.99

366.41

92.58

8,075,000
3,998,000
8,853,000
6,475,000
3,490,000
3,031,000
2,663,000
4,019,000

6,943,941
2,759,959
10,639,552
5,092,820
2,736,865
2,489,552
1,929,555
3,394,151

4, 234,143
1,836,484
7,610,986
2,903,472
1,504,616
1,480,999
1,406,634
2,697,913

2, 709,798
923, 475
3,028,566
2,189,348
1,232,249
1,008,553
522,921
696,238

859.93
690.33
., 201.80
786.54
784.20
821.36
724.58
844.53

524.35
459.35
859.71
448.41
431.12
488.62
528.21
671.29

335.58
230.98
342.09
338.13
353.08
332.74
196.37
173.24

Total
Middle
Western States. 40,604,000

Total Southern
States
Ohio
Indiana
Illinois
Michigan..
Wisconsin
Minnesota
Iowa
Missouri

North Dakota...
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total

327.20

35,986,395

23,675,247

12,311,148

886.28

583.08

303.20

630,000
663,000
1,347,000
1,936,000
601,000
295,000
1,347,000
692,000
2,269,000

442,379
436,192
1,098,355
1,272,804
483, 224
218,995
1,024,386
281,110
1,300,294

331,110
349,856
958,963
1,108,179
386,155
173,721
801,564
237,491
1,180,326

111, 269
86,336
139,392
166,625
97,069
45,274
222,822
43,619
119,968

702.19
657.91
815.41
657.44
804.03
742.36
760.49
406.23
573.07

525.57
527.69
711.93
571.37
642.52
588.89
595.07
343.20
520.20

176.62
130. 22
103.48
86.07
161.51
153.47
165.42
63.03
52.87

9,780,000

6,5S7,739

5,525,365

1,032,374

670.53

564.97

105.56

Western




REPORT OF THE COMPTROLLER OP THE CURRENCY

171

TABLE N O . 39.—Per capita demand and time deposits of individuals, partnerships,
and corporations in all active banks, Dec. 80, 1949—Continued

Location

Washington
Oregon
__
California
Idaho
Utah
Nevada
Arizona
Total P a c i f i c
States

Population
(approximate)

Deposits of individuals, partnerships, and corporations (in thousands)

Per capita

Total

Demand

Time

Total

2,417,000
1,546,000
10,757,000
598,000
700,000
163,000
762,000

1,933,099
1,232,950
11,850,156
368,678
472,989
152,176
403, 722

1,210,965
840,743
6,491,156
265,586
294,728
93,188
304,540

722,134
392,207
5,359,000
103,092
178,261
58,988
99,182

799.79
797.51
1,101.62
616.52
675. 70
933.60
529.82

501.02
543.82
603.43
444.12
421.04
571. 71
399.66

298.77
253.69
498.19
172.40
254.66
361.89
130.16

16,943,000

16,413,770

Demand

Time

9,500,906

6,912,864

968.76

560.76

408.00

Total U n i t e d
States (exclusive of possessions)
153,085,000 145,931, 254 90,998,891
Alaska
Canal Zone (Panama)..
Guam
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the
United States

54,932,363

953.27

594.43

358.84

111, 000
45,000
45,000

64,161
13,056
12,278

45,755
10,681
4,739

18,406
2,375
7,539

578.03
290.13
272.84

412.21
237.35
105.31

165.82
52.78
167.53

482,000
2,229,000
19,000

318,612
172,564
1,005

130,497
121,275
638

188,115
51,289
367

661.02
77.42
52.89

270.74
54.41
33.58

390.28
23.01
19.31

27,000

3,380

1,283

2,097

125.19

47.52

77.67

2,958,000

585,056

314,868

270,188

197.79

106.45

91.34

Total U n i t e d
States and possessions
156,043,000 146,516,310

91,313,759

55,202,551

938.95

585.18

353.77

Total possessions.




TABLE No. 40.—Officials

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

Titles

Names of officials

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
,.,...
Total New England
States..
__.
New York
New Jersey
_
Pennsylvania
Delaware
Maryland
District of Columbia

of State banking departments and number of each class of active banks in December 1950

Homer E. Robinson
Clyde M
Davis
Albert
D. Pingree
Timothy J. Donovan
Alexander Chmielewski
Richard Rapport

Bank Commissioner
.
do
Acting Commissioner of Banking and Insurance.
Commissioner of Banks
Bank Commissioner
do

W. A. Lyon
Warren N. Gaffney
D. Emrnert Brumbaugh
John C. Darby
Joseph P. Healy

Superintendent of Banks
Commissioner of Banking and Insurance ..
Secretary of Banking
._ .
State Bank Commissioner
Bank Commissioner
.
.

Milton R. Morgan
John
H P.
Hoffman
Gurney
Hood
W. Royden Watkins
A. P. Persons
-._C M Gay
D. E. Marley
C. T. Johnson
J S Brock
J. M. Falkner
Edward J. McKinley, Jr..
H. H. Carter
H. B. Clarke

Commissioner of Banking
do
Commissioner
of Banks
Chief Bank Examiner
Superintendent of Banks
Comptroller, State of Florida
Superintendent of Banks
State Comntrollpr
State Bank Commissioner
Commissioner, Department of Banking.__
State Bank Commissioner
Commissioner, Department of Banking. __
Superintendent of Banks

Total Southern
States
._




Total
number
of
banks

State commerciall

Mutual savings

Insured

Insured

Private

MemMemNon- NonNonNonNonbers members insured bers members insured insured
Federal Federal
Federal Federal
Reserve Reserve
Reserve Reserve
System System
System System

63
58
38

5
1
1

16
6
29

10
17
1

255
17
137

25
2
15

33
3
30

8
4
18

6

26
34

7
2
3

189
6
69
324

2
2

568

49

117

58

18

383
142
351
27
112
10

171
71
108
4
16
6

75
44
219
20
85
4

3
4
8
1
2

130
23
7
2

2
7

1,025

376

447

18

162

9

181
106
179
123
330
137
155
177
129
462
180
293
225

71
34
8
7
15
12
23
7
11
136
16
21
10

110
68
170
99
265
121
132
166
117
283
154
249
207

4
1
31
10
23
8

12

2,677

371

2,141

118

47

4
1
17
15
4

4
9

13

35

|g
oo
w
oo
ci1
er
>L
**

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 StatesAlaska.
__ ___
The Territory of Hawaii
Puerto Rico
American Samoa
Virgin Islands of the
United States.
Total possessions. _.
Total United States
and possessions
1
2

Thurman R. Hazard
Joseph McCord
Benjamin 0. Cooper
Maurice C. Eveland
Guerdon M. Matthews
Karl 0. Sattre
N. P. Black
Harry G. Schaffner

Superintendent of Banks
Director, Dept. of Financial Institutions. _
Auditor of Public Accounts
. __
Commissioner, State Banking Department
Commissioner of Banks
. do
SnpermtftTidfvnt of "Ranking
Commissioner of Finance

J. A. Graham
Verne W. Abeel
J. Floyd McLain
B. A. Welch
W. A. Brown
Norris E. Hartwell .
Frank E. Goldy
Woodlan P. Saunders .
0. B. Mothersead

State Examiner
Superintendent of Banks
Director of Banking
State Bank Commissioner
Superintendent of Banks
State Examiner
State Bank Commissioner
State Bank Examiner
Bank Commissioner

J. C. Minshull
A A Rogers
Maurice C. Sparling
E F Haworth
Roy W. Simmons
Grant L Robison
D. 0. Saunders

Supervisor of Banking
Superintendent of Banks
do
Commissioner of Finance
Bank Commissioner
Superintendent of Banks
do
,
Secretary, Territorial Banking BoardBank Examiner
Treasurer
_
.

3
2

2

1
1

5
6

181
112
124
153
69
28
64
101

228
2 238
368
183
379
455
445
396

4
5
15
15
9
19
48
24

3,702

832

2,692

139

109
134
294
438
71
29
76
25
187

2
27
17
41
45
15
16
9
25

102
107
226
251
26
14
51
16
151

5

1,363

197

944

222

85
51
109
30
44
3
8

16
10
27
11
20
1
2

63
38
71
18
24
2
5

3
2
11
1

87

221

18

15
8
11
1
1

1
1
7

13
7
4
1
1

1

36

9

26

1

6,571

599

330

Frank A. Boyle

1

421
365
507
361
461
503
563
521

9,701

1, 912

1
1

10
6

3

7

2

27

51
146
9
11

3
1

1
4

3

191

335

90

Includes stock savings banks.
Includes 1 private bank.




CO

TABLE N O . 41.—Assets and liabilities of all active banks, 1988 to 1950
[Amounts in thousands of dollars. For priorfigures,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;figures1914 to 1919, inclusive, report for 1936, andfigures1920 to 1937, inclusive, report for 1939.]

Number
of banks

S. GovOther
Loans and U.
ernment
discounts, obligations,
bonds,
including direct and stocks, and
overdrafts guaranteed securities

Cash

Balances
with other
banks l

Other

Surplus

Total assets

and net
Capital 2 undivided
profits a

Total deposits

JUNE 30
1938-.
1939.
1940..
1941..
1942..
1943.
1944.
1945.
1946.
1947.
1948.
1949.
1950.

15,341
15,146
15,017
14,919
14,815
14,661
14,598
14,587
14,626
14, 755
14,759
14,697
14,689

21,311,161
21,516,279
22,557,670
25,543,438
25,178,305
22,324,053
25,504,338
28,092,140
31,693,492
38,578, 709
45,379,380
47,366,715
52,310,789

16,774,262
18,790,831
19,710,503
23,577,061
30,363,023
57,963,058
76,129,877
94,240,445
96,497,087
83,116,152
77,160,671
75,198,579
77,609,287

9,571,216
9,594,937
9,364,406
9,152,671
8,653,089
7,921,874
7,586,714
8,032,440
9,224,930
10,084,577
11, 251,553
11,974,509
13, 705,999

1,044,251
1,042,408
1,148,589
1,408,306
1,446,780
1,606,564
1,623,191
1,649,487
1,729,034
1, 986,836
2, 264,740
2,226,836
1,970,576

16,426,417
19,584,188
24,535,268
25,471,008
24,236,259
25,210,347
26,705,352
29,246,407
31,732,067
31,729,911
32,899,617
32,893,809
32,283,621

3,150,400
3,072,677
2,897,193
2, 676, 235
2,382, 535
2,226,510
2,010,193
1,766,060
1,825,654
1, 752, 214
2,025,527
2,010, 207
2,156,638

68,277,707
73,601,320
80,213,629
87,828,719
92,259,991
117,252,406
139,559,665
163,026,979
172,702,264
167,248,399
170,981,488
171,670,655
180,036,910

3,204,751 4,977,218
3,160,096 5,134,112
3,091,793 5,233,334
3,055,005 5,469,514
2,998,686 5,523,532
2,979,447 5,811, 248
3,036,893 6,318, 608
3,118,116 7,033,855
3, 250,986 7,925, 817
3,319,580 8,450,652
3,398,415 8,917,480
3, 526,159 9,395, 544
3, 629,971 10,023,295

59,379,550
64,576,694
71,153,458
78,549,329
83,029,575
107, 784,099
129,367,247
151,932,691
160,349,405
154,191,122
157,176, 754
157,239,224
164, 554,941

DEC. 31
1938.
1939.
1940.
1941..
1942.
1943.
1944.
1945.
1946.
1947.
1948.
1949.
1950-

15,265
15,096
14,956
14,885
14,722
14,621
14,579
14,598
14,633
14,755
14,735
14, 705
14,666

21,535,406
22.374,700
23,967,476
26,838,365
24,001,146
23,674,539
26,101,639,
30.466,867
35.822,868
43,231,136
48,452, 743
49,828,162
60,711,146

18,002,042
19,447,464
21,028, 798
25, 553, 809
46,059, 111
66,259,384
86,414,755
101,904,073
87,093,517
81,636,938
74,462,553
78, 753,673
73,188, 217

9,664,255
9,348,161
9,499,776
9,035,537
8,312,249
7,466,862
7,596,205
8,611,660
9,543,221
10,760,398
11,470,848
12,682,551
14,816,545

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
2,343,064

18,373,644
22,197,935
26,846,418
25,942,377
27,371,581
26,999,933
29,175,791
33,589,693
32,995,748
36,167,173
37,490,369
34,490, 538
38,892, 739

3, 258,252
3,010,458
2,822,070
2, 538,588
2,334,654
2,109,008
1,857,424
1, 753,694
1,729, 215
1,835,487
2,053, 761
2,102,933
2, 288,962

70,833,599
77,575, 257
85,571,902
91,453,694
109,542, 577
128,121,978
152,947,184
178,351,075
169,406,362
176,024,102
176,075,430
180,043,113
192, 240,673

3,192,493 5,016,435
3,125, 524 5,169,647
3,070, 519 5,339,039
3,034,361 5,460,776
2,985,391 5, 619,637
3,011,600 6,034,091
3,052,950 6,640,166
3,187,368 7,424, 243
3,299,469 8,138,479
3,342,600 8,654, 798
3,423,195 9,130,608
3, 548. 731 9, 616,859
3,670,249 10,245,616

61,907,761
68,566,043
76,407,885
82,233,260
100,265,638
118,336,126
142,310,824
166,530,093
156,801,396
162,728,682
162,041,389
165,244,044
176,120,158

1
2

Includes reserve balances and cash items in process of collection.
Includes capital notes and debentures in banks other than national.
3 Includes reserve accounts.




Bills payable and Other
rediscounts, liabilities
etc.
42,476
26,724

22,559
20,736
31,657
87,116
81,075
93,966
63,339
35,306
46,135

673,712
703,694
708,075
732,312
687,462
645,955
749,801
861,242
1,082,090
1,223,706
1,420,158
1,474,422
1,782,568

36,612
25,551
688,492
25,060
729,399
22,593
702,704
18,638
653,273
51,650
688,511
125,624
817,620
227,150
982,221
48,403 1,118,615
74,614 1,223,408
64,320 1,415,918
27,195 1,606,284
94,607 2,110,043

* 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.

O

3
W

to
o

I
o
d
td
to

1

TABLE N O . 42.—Assets and liabilities of all active national banks, 1938 to 1950
[Amounts in thousands of dollars. For priorfigures,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;figures1914 to 1919, inclusive, report for 1936, and figures 1920 to 1937, inclusive, report for 1939.]

Number
of banks

1938
1939
1940
1941.
1942
1943
1944
1945
1946
1947
1948
1949
1950
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950

J U N E 30

. .

DEC.

31

.
.

Loans and
discounts,
including
overdrafts

U. S. GovOther
ernment
bonds,
obligations, stocks,
and
direct and
guaranteed securities

5,248 8,334,624
5,209 8,573, 703
5,170
9,179,227
5,136 10,922,483
5,107 10,901,795
5,066
9,190,143
5,042 11, 229,680
5,021 12,389,133
5,018 14,498,441
5,018 18,810,006
5,004 22,303,042
4,993 22,578,120
4,977 24,671,880

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
37, 651,246

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
6,593,423

5,230 8,489,120
5,193 9,043,632
5,150 10,027,773
5,123 11,751,792
5,087 10,200,798
5,046 10,133, 532
5,031 11,497, 802
5,023 13,948,042
5,013 17,309,767
5,011 21,480,457
4,997 23,818,513
23,928,293
4,981
4,965 29, 277,480

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
35,691,560

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
7,331,063

1 Includes reserve balances and cash items in process of collection.
2 Includes reserve accounts.




Cash

Balances
with other

528,305
530, 580
582,303
709,458
728,309
806, 546
820, 570
821,290
805, 575

Other
assets

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
1,120,314 19,345,184
1,093,053 19,283,128
959, 569 19,002,603
555,304
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
1,147, 069

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
22,666,366

Total assets

Capital

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
1,057,891

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
83,413 200
85,341,112
85,099,450
89,936, 612

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, 979,941

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
1,126,555

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
97,240,093

1, 570, 622
1,532,903
1, 527,237
1,515,794
1,503,682
1,531,515
1, 566,905
1,658,839
1, 756, 621
1,779, 766
1,828,759
1, 916,340
2,001,650

Surplus
and net
undivided
profits 2

Total deposits

Bills payable and
Other
rediscounts, liabilities
etc.

3,190,088
3, 537,809
3,740,965
3,919,945
4, 215,126

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
82, 659,791

9,586
278,261
3,540
318,057
331,322
2,910
363,186
2,005
378,342
2,014
373,355
4,231
450,878
6,205
491,534
5,209
600,278
24,441
679, 571
27,860
752,485
42,871
805,956
14,123
24,783 1,056,971

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
4,327,339

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
89, 529, 632

281,749
5,608
298,265
2,882
342,013
3,127
330,585
3,778
390,291
3,516
408,139
8,155
54,180
491,877
77,969
559,103
20,047
630,578
45,135
705,185 o
41,330
774,818
7,562
952, 958 d
76,644 1,304,828

1, 700,919
1,826, 556
1,941, 792
2,074,758
2,171,822
2,327,397
2, 557,031

NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.

8

I
4

TABLE NO. 4 .—Assets and liabilities of all active banks other than national 1938 to 1950
[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 1937, inclusive, report for 1939.J
Number of
banks

Loans and
discounts,
including
overdrafts

U. S. GovOther
ernment
bonds,
obligations,
stocks,
direct and
and
guaranteed securities

Cash

Balances
with other
banks *

Other
assets

Total assets

Capital
stock

Capital
notes
and
debentures

Surplus
a n d net
undivided
profits 2

Total
deposits

Bills payable and
rediscounts,
etc.

Other
liabilities

d
3

J U N E 30

1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950

10,093
9,937
9,847
9,783
9,708
9,595
9,556
9,566
9,608

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, 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

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

515,946
511, 828
566, 286
698, 848
718,471
800,018
802,621
828,197
923,459

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

2,202,295
2, 093, 494
1,973, 719
1, 760, 535
1, 525,316
1,400, 270
1,187,185
993, 212
1,009, 633

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

1,467,766
1,446, 666
1,428, 973
1, 416,939
1,386,845
1,386, 748
1,396,746
1, 415,170
1, 495,004

164,085
150, 474
128,171
114, 683
104,171
94,691
86, 569
78, 762
72, 493

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

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

32,890
23,184
24,059
20, 554
18, 722
27,426
80,911
75,866
69, 525

395,451
385, 637
376,753
369,126
309,12C
272,600
298,923
369,708
481, 812

9,737
9,755
9,704
9,712

19,768,703
23,076,338
24,788, 595
27,638,909

43,690,547
40,929, 264
39, 601,081
39,958,041

5,131, 525
5,941, 735
6, 442,214
7,112, 576

998, 548
1,144, 426
1,133, 783
1,011,007

13,322, 651
13, 554,433
13,610,681
13, 281,018

923,165
994,180
994, 851
1,098, 747

83, 835,139
85,640, 376
86, 571, 205
90,100,298

1, 548, 709
59, 752
1, 533, 860
47,428
1, 570, 773
46,774
1, 603, 256

4, 912, 843
5,176, 515
5,475, 599
5, 808,169

76,793,973
78,176, 766
78, 787, 756
81, 895,150

35,479
25, 810
21,183
21,352

544,135
667, 673
668,466
725, 597

1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950

10,035
9,903
9,806
9,762
9,635
9,575
9,548
9,575
9,620
9,744
9,738
9,724
9, 701

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
31,433,666

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
37,496, 657

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
7,485,482

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
1,195, 995

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
16, 226, 373

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
1,162,407

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
95,000,580

1, 459, 015
1,450, 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
1, 621, 492

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
5,918, 277

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
86, 590, 526

31,004
22, 669
21,933
18,815
15,122
43, 495
71,444
149,181
28, 356
29,479
22,990
19,633
17,963

398, 549
390, 227
387, 386
372,119
262,982
280,372
325,743
423,118
488,037
518, 223
641,100
653,326
805, 215

1
2
3

Includes reserve balances and cash items in process of collection.
Includes reserve accounts.
Not called for separately. Included with "Balances with other banks."




162, 856
141, 748
123,134
108,194
99,202
90,142
82,320
72,080
67, 794
62,027
48, 431
48, 437
47,107

NOTE.—Reciprocal interbank demand balances with banks in the United States are
reported net beginning with the year 1942.

a
o

I

TABLE N O . 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, Apr. 14, 1865 to Dec. 31, 1950
National and District of Columbia
nonnational banks
Completely
liquidated
and finally
closed
Number of receiverships

._

Total assets taken charge of by receivers.
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
ofcourt.. __
.
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
_.
Total
See footnotes at end of table.




3 2, 820

In process
of liquidation
2

$3, 732,192, 422 $12,132, 254

2, 212, 497,186
253,698,402

3 2, 822

Completely In process
liquidated
and finally of liquidation
closed
* 15

$3, 744,324, 676 $27,143, 017

National banks

Total

4

15

$27,143, 017

Completely
liquidated
and finally
closed
* 2,805

18, 624,923
2, 089, 895

18, 624,923
2, 089, 895

2,193, 872, 263
251,608, 507

1, 226, 764, 710

6, 401, 713

6, 401, 713

1, 216, 768, 758

26, 486

26, 486

42, 745, 804
6 54, 073

3, 732,192,422

203, 720
12,132, 254

42, 772, 290
257, 793
3, 744, 324, 676

27,143, 017

27,143,017

2, 212, 497,186
179, 266,883

8,024, 810
503, 777

2, 220, 521, 996
179, 770, 660

18, 624,923
619, 261

162, 526,189
253, 698,402

968, 042
309, 485

163, 494, 231
254,007, 887

9,806,114

2, 818, 028, 423

42, 772, 290
« 54,073

3,594, 239

233,649
2, 808, 222, 309

In process
of liquidation

Total

« 2,807

2

$3, 705, 049, 405 $12,132, 254 $3, 717,181,659

2, 220, 521, 996
254,007, 887

1, 223,170,471

8,024, 810
309,485

Total

District of Columbia nonnational banks *

8,024,810
309,485
3, 594,239

2, 201,897,073
251,917,992
1, 220,362,997
42, 745, 804
257,793

3, 705, 049, 405

203,720
12,132, 254

3, 717,181,659

18, 624, 923
619, 261

2,193,872, 263
178, 647, 622

8,024,810
503,777

2, 201,897,073
179,151,399

1, 429, 275
2,089, 895

1,429, 275
2,089,895

161,096, 914
251,608, 507

968,042
309,485

162,064,956
251,917,992

22, 763,354

22, 763, 354

2,785,458,955*

9, 806,114

2, 795, 265,069

233, 649

•

233, 649

233,649

o

3

TABLE N O . 44.—Summary of status, progress, and results of liquidation of all national banks * placed in charge of recievers from the date of
the first national bank failure, Apr. 14, 1865 to Dec. 31, 1950—Continued
00
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

1,412,893,997

3, 567,759

Total

District of Columbia2 nonnational banks
Completely In process
liquidated
and finally of liquidation
closed

National banks

Total

Completely'
liquidated
and finally
closed

In process
of liquidation

ft
' Total

1, 416, 461,756

10,893,071

10,893,071

1,402,000,926

3, 567, 759 1,405, 568,685

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

10,750

1,361,256

1,361,256

1,372,006

1,372,006

10,750

701,012,394
251, 917,992

700,981,471
253,698,402

4,932,204
309,485

705,913,675
254,007,887

4,901,281
2,089,895

4,901,281
2,089,895

696,080,190
251,608,507

4,932,204
309,485

7,998,429

69,220

8,067,649

18,839

18,839

7,979,590

69,220

8,048,810

169,554,582

578,353

170,132,935

1, 767,254

1, 767,254

167,787,328

578,353

168,365,681

10,970, 725
6,983,320

45,597

11,016,322
6,983,320

201,010
7,950

201,010
7,950

10, 769,715
6,975,370

45,597

10,815,312
6,975,370

e 20,847

303,496

324,343

e 20,847

303,496

324,343

2,808,222,309

9,806,114

2,818,028,423

22,763,354

22,763,354

2, 785, 458,955

9,806,114

2,795,265,069

7 401,112,595

1,800,000

7 402,912,595 8 2,352,920

8 2,352,920

»398,759,675

1,800,000

»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

o

o
o

I
F

ft

o
O

d

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
1

328, 273,807
2,374,374,873

800,000
4,165,850

329,073,807
2,378,540, 723

1,912,920
19,147,196

1,912,920
19,147,196

326,360,887
2,355, 227,677

800,000
4,165,850

327,160.887
2,359,393; 527

511,071,945

4,406,189

515,478,134

5,194,938

5,194,938

505,877,007

4,406,189

510,283,196

96,862,943
2,123,146,487

324, 751
3, 638, 730

97,187,694
2,126,785, 217

809,871
17,850, 201

809,871
17,850,201

96,053,072
2,105, 296,286

324,751
3,638,730

96,377, 823
2,108,935,016

78.09

98.05

78.13

77.18

77.18

78.10

98.05

78.13

87.61

99.02

87.64

82.57

82.57

87.65

99.02

87.68

6.71

6.36

6.71

8.73

8.73

6.70

6.36

6.70

Including District of Columbia nonnational banks and building and loan associations.
32 Including building and loan associations.
Does not include 159 banks restored to solvency.
4
Does not include 1 bank restored to solvency.
5
Does not include 158 banks restored to solvency.




6
Cash and uncollected assets on hand at date of termination of supervision of liquidation
by Comptroller of the Currency (Poultney National Bank, Poultney, Vermont).
7
Includes $23,100,000 capital stock of 159 banks restored to solvency.
8
Includes
$50,000 capital stock of 1 bank restored to solvency.
9
Including $23,050,000 capital stock of 158 banks restored to solvency.

O

o
H3

O
O

o

E

g

^1

TABLE NO. 45.—Number and deposits of national and District of Columbia nonnational banks * placed in receivership, period Apr. 14, 1865 to
Dec. 31, 1950, by groups, according to percentages of dividends paid to Dec. 81, 1950
Restored Total
to
sol- all
Dividends paid, 100 Dividends paid, 75 Dividends paid, 50 Dividends paid, 25 Dividends paid, less
vency banks
Total banks
percent and over
to 99.9 percent
to 74.9 percent
to 49.9 percent
than 25 percent
banks2
NumNumNumNum- NumNumNumNumber of Deposits ber of Deposits ber of Deposits ber of Deposits ber of Deposits ber of Deposits ber of ber of
banks banks
banks
banks
banks
banks
banks
banks
Liquidation banks

Periods and bank groups

Receiverships completely liquidated and
finally closed or restored to solvency,
1865 to 1950 (2,979 banks):
April 14, 1865, to October 31, 1930—
data for individual annual report
years unavailable; deposits prior to
1880 unavailable for 84 banks (974
banks)
__
Nov. 1, 1930, to Oct. 31, 1931.
Nov. 1, 1931, to Oct. 31, 1932.
Nov. 1, 1932, to Oct. 31, 1933.
Nov. 1, 1933, to Oct. 31, 1934.
Nov. 1, 1934, to Oct. 31, 1935.
Nov. 1, 1935, to Oct. 31, 1936.
Nov. 1, 1936, to Oct. 31, 1937.
Nov. , 1937, to Oct. 31, 1938..
Nov. . 1938, to Oct. 31, 1939..
Nov. , 1939, to Oct. 31, 1940..
Nov. , 1940, to Oct. 31, 1941..
Nov. , 1941, to Dec. 31, 1942..
Jan. 1, 1943, to Dec. 31, 1943..
Jan. 1, 1944, to Dec. 31, 1944..
Jan. 1, 1945, to Dec. 31, 1945..
Jan. 1,1946, to Dec. 31, 1946..
Jan. 1, 1947, to Dec. 31, 1947..
Jan. 1, 1948, to Dec. 31,1948..
Jan. 1, 1949, to Dec. 31,1949..
Jan. 1,1950, to Dec. 31,1950..
Total 1931-50 (2,005 banks)
Active receiverships as of Dec. 31, 1950 (2
banks)

1,994,080
15,873,316
4,412,925
4,431,721

5,083,636
14, 723,916
50,715,003
33,477,651
20,910,457
17,397,983
18,147,843
77, 234,820
16, 260, 257
412,269,316
1,796,607
0
0
1, 204,158
0
5,058,728
342 700,992,417
0
550 778,289,023

163 $64,572,547
5,323,140
16
5,549,989
16
5,826,514
13
8,517,835
18
29 11,801, 668
46 12, 246,387
80 38,690,969
110 54,346,379
61 58,631,031
36 43,639, 246
39 68,673,118
46 248,608,395
8 75,837, 758
4,613,782
1
2,390,914
2
616,710
2
1 26,966,990
421,461
1
2,015,717
1
0
0
526 674,718,003

211 $66,952,690
8,334,115
22
33 14,038,797
9,692, 212
21
17 10,532,532
34 13,854,445
56 18,483,929
85 38,027,988
106 56, 203,459
42 32,056,684
38 43,319,262
76,497,725
•42
26 72,320,682
8 39,828,007
5 28,787,475
0
0
0
0
183,818
1
305, 253
1
2,299, 269
1
0
0
538 464,765,652

4,165,850

0
749 531, 718,342

690 743,456,400
Grand total (2,981 banks).
1 Including building and loan associations.
2 Deposits for banks restored to solvency unavailable.
3 Exclusive of 1 receivership finally closed during year ended October 31,1937, but reopened as a receivership during the year ended December 31,1944, and again closed during
the year ended December 31,1948.
* Exclusive of 1 receivership finally closed during year ended October 31,1933, but reopened as a receivership and again closed during the year ended October 31,1938.
« Exclusive of 1 receivership finally closed during the year ended October 31,1928, but




156 $45,465,025
29
8,497,657
27 10,027,603
15
6,902,413
8
1,451,334
30
9,062,628
43 12,556,918
3 51 19,594,780
48 16,991,046
21 10,103, 204
15
9,332,899
7 10 10,540,731
14 52,025, 720
5 24,606,118
1
141,119
1
0
0
0
0
0
0
0
0
0
0
0
318 191,834,170
0

0

474

237,299,195

159

$30,828,899

199

5,589,946
2, 250,071
3,095,192
1,657, 228
4,319,951
4,452, 292
7,420,214
6,158, 246
2, 269,805
8,005,471
8, 201,086
1,584,920
1,944,442
0
0
0
0
0
0
0
56,948,864

359

0
87, 777, 763

897
91
97
69
64
152
214
340
364
159
112
102
104
30
10
4
2
2
3
2
2
1,923

$285,115,767
29,738,938
47,739,776
29,929, 256
26, 590,650
44,122,328
62,463,442
154,448,954
167,176, 781
123,971,181
121,694,861
182,080,503
451,774,537
158,476,582
445,811,692
4,187,521
616, 710
27,150,808
1,930,872
4,314,986
5,058,728
2,089,259,106

82

974
99
122
78
92
163
215
340
364
159
112
102
104
30
10
4
2
2
3
2
2
2,005

159

2,981

77

4,165,850
2,822 2,378,540,723

reopened as a receivership during the year ended October 31, 1940, and again closed
during the year ended October 31,1941.
8 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.
7 Exclusive of 1 receivership finally closed during the year ended October 31,1936, but
reopened as a receivership during the year ended October 31,1937, and again closed during
the year ended October 31, 1938. (Data relative to reopening and second final closing
included in report for year ended October 31,1941.)

REPORT OF THE COMPTROLLER OF THE CURRENCY

181

TABLE NO. 46.—Liquidation statement, 4 receiverships in liquidation during year
ended December 81, 1950

Number of banks

4

Collections:
Cash balances in hands of Comptroller and receivers at beginning of period
$479,237
Collections from assets
5, 283
Earnings collected
4, 423
Total
Disposition of collections:
Dividends paid by receivers to unsecured creditors
Payments to secured and preferred creditors, other than through
dividends
Disbursements for the protection of assets
Payments of receivers' salaries, legal, and other expenses
Amounts returned to shareholders in cash
Cash balances in hands of Comptroller and receivers at end of
period
Total




488,943
85, 220
4, 207
2, 534
48, 639
24, 000
324,343
488,943

182

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 47.—Liquidation statement, 2 administered national bank receiverships

completely liquidated and finally closed, during year ended Dec. 31, 1950

Number of banks

2

Total assets taken charge of by receivers

$6, 644, 148

Disposition of assets:
Collections from assets
Offsets allowed and settled (against assets)
Losses on assets compounded or sold under order of court
Book value uncollected assets
Total

6,644,148

Collections:
Collections from assets
Earnings collected
Offsets allowed and settled (against assets)
Total

5, 322,456
137, 240
1, 130, 379
* 54, 073

5, 322, 456
272, 774
137, 240
.

5,732,470

Disposition of collections:
Dividends paid by receivers to unsecured creditors
4, 797, 240
Payments to secured and preferred creditors other than through
dividends
326,878
Offsets allowed and settled (against liabilities)
137, 240
Disbursements for the protection of assets
47
Payments of receivers' salaries, legal, and other expenses
426, 218
1
Cash balances in hands of Comptroller and receivers
20, 847
Amounts returned to shareholders in cash
24, 000
Total
Capital stock at date of failure
Deposits 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
1

5,732,470
650, 000
5, 058, 728
144, 062
4, 712, 020
101. 81
101. 13
7. 44
7. 00

Cash and uncollected assets on hand at date of termination of supervision of liquidation by Comptroller of the Currency (Poultney National Bank, Poultney, Vt.).




REPORT OF THE COMPTROLLER OF THE CURRENCY

183

TABLE NO. 48.—Liquidation statement, 2 active receiverships as of Dec. 31, 1950

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
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

2
$12, 132, 254
8,024, 810
309, 485
3, 594, 239
203, 720
12, 132,254
8, 024, 810
503, 777
968, 042
309, 485
9, 806, 114
3, 567, 759
4, 932, 204
309, 485
69, 220
578, 353
45, 597
303, 496
9,806,114

Capital stock at date of failure
Amount of assessment upon shareholders
Deposits at date of failure
Borrowed money (bills payable, rediscounts, etc.) at date of failureAdditional liabilities established subsequent to date of failure
Claims proved (both secured and unsecured)

1, 800, 000
800, 000
4, 165, 850
4, 406, 189
324, 751
3, 638, 730

Average percent dividends paid to claims proved
Average percent total payments to creditors to total liabilities established
Average percent total cost of liquidation to total collections including
offsets allowed

98. 05




99. 02
6. 36

184

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 49.—National banks in charge of receivers during year ended Dec. 81,
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
Organization

Name and location of banks
Charter
No.

Date

LOUISIANA

2934

Commercial National Bank, Shreveport 1 ...

3600

Nov. 18,1886

1287

May 20,1865

1171

May 3,1865

14234

June 26,1934

NEW YORK
2697

Salt Springs National Bank, Syracuse 2
PENNSYLVANIA

2965

First National Bank & Trust Co., Easton 3.
VERMONT

2964

Poultney National Bank, Poultney' 4
- Grand total (4 receiverships)
Total
Total
Total
Total

active (2 receiverships)
finally closed (2 receiverships) .
failures 1950 (0 receiverships),..
activity 1950 (4 receiverships)..

See footnotes at end of table.




REPORT OF THE COMPTROLLER OF THE CURRE'NICT

185

1950, dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and
indicating the progress and results of liquidation to Dec. 31, 1950
Liabilities

Failure

Capital
stock at
date of

Date
receiver
appointed

Borrowed
money (bills
payable,
rediscounts,
etc.) at date
of failure

$1,000,000

Feb. 21,1936

$3,261,929

800,000

Jan. 22,1934

1,144,260

600,000

Dec. 10,1943

50,000

May 9,1943

Deposits
at datejof
failure

Additional
liabilities
established
to date of
report

Total liabilities established to
date of
report

$242, 633

$3,504, 562

2934

$4,165,850

82,118

5,392,228

2697

4,192, 634

93, 598

4,286,232

2965

2964

866,094

50,464

916,558

2,450,000

4,406,189

9, 224, 578

468,813

14,099,580

1,800,000
650,000

4,406,189

4,165,850
5, 058, 728

324, 751
144, 062

8,896, 790
5, 202, 790

140, 675

8140, 675




8

186

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 49.—National banks in charge of receivers during year ended Dec. 81,
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
Assets and assessments

Book value of
assets at date of
failure

Additional assets
received since date
of failure

2934

$4,979,086

$394,601

2697

6,365,136

393,431

2965

5,168,905

430,484

2964

Assessments upon
shareholders

Total assets and
stock
assessments

$5,373, 687

$800,000

7, 558, 567

5, 599, 389

919,185

125, 574

17,432,312

1,344,090

800,000

19,576,402

11,344,222
6,088,090

788,032
556,058

800,000

12, 932, 254
6,644,148

3,130
See footnotes a t end of table.




1,044, 759

3,130

REPORT OF THE COMPTROLLER OF THE CURRENCY

187

I960, dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and
indicating the progress and results of liquidation to Dec. 31, 1950—Continued
Progress of liquidation to date of this report

Cash
collections
from assets

Cash
collections
from stock
assessments

$3,427,879

4,596,931

$503,777

4,438,025

Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.

Offsets
allowed and
settled

Total collections from all
sources including offsets
allowed

Losses on
assets compounded or
sold under
order of
court

$482,538

$23,139

$3,933,556

$1,907,483

2934

485,504

286,346

5,872,558

1,686,756

2697

228,685

55,894

4,722,604

1,105,470

2965

2964

44,089

81,346

1,009,866

24,909

13,347, 266

503,777

1, 240,816

446,725

15,538,584

4,724,618

8,024,810
5,322,456

503,777

968,042
272,774

309,485
137,240

9,806,114
5, 732,470

3,594, 239
1,130,379

9,706

373,438

884,431

5,283




4,423

188

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
Progress of liquidation
to date of this
report—Continued
Book
value of
Book value remaining
of
uncollecuncollected ted
stock
assets
assessments

2934

$15,186

2697

188,534

$296,223

2965

2964

Disposition of proceeds of liquidation
Secured and
Cash
preferred
adliabilities
vanced
paid except
in
through diviOn
dends, includ- protection
of
unsecured
ing offsets
assets
claims
allowed

Dividends paid
by receivers
On
secured
claims

$3,504,561

$54,332

$3.567, 759

1,737,128

14,888

3,977,601

375,859

47

Conservators'
salaries,
legal
and
other
expenses

Receivers'
salaries,
legal
and
other
expenses

$166,431

$45,597

411, 922
345,097
81,121

819,639

88, 259

257, 793

296,223

8,364,999

5, 705,807

69,267

45,597

1,004,571

203, 720
54,073

296,223

3, 567, 759
4, 797,240

5,241,689
464,118

69,220
47

45, 597

578,353
426,218

85,220

4,207

2,534

fi 54,073

8 375, 591

48,639

* Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold or to
complete
unfinished liquidation.
2
Formerly in conservator ship.
3 Federal Deposit Insurance Corporation appointed as receiver in accordance with Banking Act of 1933.
* Direction or supervision by the Secretary of the Treasury or the Comptroller of the Currency of liquidation by the Federal Deposit Insurance Corporation as receiver, terminated as of the close of business Sept.
20,1950, by the Federal Deposit Insurance Act of 1950 (Public Law 797) approved Sept. 21,1950.




REPORT OF THE COMPTROLLER OF THE CURRENCY

189

1950, dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and
indicating the progress and results of liquidation to Dec. SI, I960—Continued
Disposition of proceeds of
liquidation —Continued

Cash in hands
of Comptroller
and receivers

Amounts
returned to
shareholders
in cash

Amounts
of claims
proved

Dividend
(Percent)

Interest
dividend
(Percent)

Date
finally
closed

2934

$208,232

$3,638,730

95,264

97.5

«$24,000

3,892,381

100

819,639

100

324,343

24,000

8,350,750

303,496
20,847

24,000

3,638,730
4,712,020

s 154,894

24,000

«20,847

2697

'8.6714

Aug. 24,1950

2965

* Sept. 20,1950

2964

* Cash and uncollected assets on hand at date of termination of supervision of liquidation by Comptroller
of the Currency.
• Distribution of $2 per share to stockholders of record as of Dec. 11,1943, in accordance with court decree.
' 100 percent principal plus 8.6714 percent interest in full paid to uninsured claimant creditors and 100
percent principal plus 1.38504 percent interest paid to the Federal Deposit Insurance Corporation as subrogee
and assignee of insured depositors, in accordance with court decree.
8 Decrease.

94835&—51- -13



TABLE NO. 50.—Bank suspensions since inauguration of Federal deposit insurance, years ended Dec. 31, 1934 to 1950

CO

O
Number
Year ended
Dec. 31—

1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950

-

Total

Nonmember banks

Member banks

All
banks

National

57
34
44
58
56
42
22
8
9
4
1

1
4
1
3
1
4
1
4

Capital (in thousands of dollars)

State

Insured

2
1
3

2

8
22
40
47
47
25
18
3
6
2

Noninsured
48
8
3
6
7
10
3
1
3

31

All
banks

31

4
1

<4
«1

125

95

21,787

1
2

21

6

219

National

3,822
1,518
1,961
3,435
2,467
5,309
1 587
496
327
708
32

1

341

Member banks

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.
4
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.




25
405
88
685
25
220
82
360

State

671
25
3,600

650

2,540

4,296

l

Deposits (in thousands of dollars)

Nonmember banks
Insured
416
633
1,678
2,004
2,052
1,204
1 452
118
272
58
32

9,919

Noninsured

All
banks

Member banks
National
42
5,399
524
3,825
36
1,323
257
3,141

State

Nonmember banks
Insured

34,985
939
592
480
1,869
2,439
346
79
327

3,381
480
195
75
365
285
53
18
55

36,939
10,101
11,323
16,169
13,837
34,980
5 944
3,723
1 702
6,300
405
167

167

125

2,443
42

2,443
42

5,032

144,075

1,708
211
24,629

5,059

19,608

26,548

1,912
3,763
10,207
10,156
11, 721
6,589
5 341
503
1 375
1,241
405

Noninsured

53, 213

44,708

8
Private bank located in the State of Georgia.
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.

r

TABLE N O . 51.—Fiduciary activities of national banks as of Dec. 80, 1950
Banks with capital of
$25,001 t o
$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 administeringtrusts
Total assets of national banks with trust powers administering
trusts
Total assets of national banks authorized to exercise trust
powers

$50,001 t o
$100,000

$100,001 t o
$200,000

$200,001 t o
$500,000

$500,001 a n d

over

Total

10
9

46
44

89
267

66
454

32
406

13
338

256
1,518

19

90

356

520

438

351

1,774

$17, 333,233

$126, 632, 562

$431, 916, 538

$638, 444, 369

$475, 366,249

$1,485, 750,500

$3,175,443,451

16, 406,861

117, 534, 707

1, 402,169,160

3, 650,385,170

7,445,273,850

66,162, 634,261

78, 794,404,009

33, 740,094

244,167, 269

1, 834,085, 698

4, 288, 829, 539

7, 920, 640,099

67, 648, 384, 761

81,969,847,460

$157,018
3,470
48,063
1,208

$3, 683, 740
116, 557
515,155
53, 779

$55, 913, 209
2,198, 292
5, 640, 266
4,130, 684

$278, 660, 681
7, 977,130
27, 353,173
21, 451, 881

209,759

4,369, 231

67, 882, 451

335, 442, 865

$2, 802
206, 957

$843, 691
3, 525, 540

$27, 767, 568
40,114, 883

$171, 925, 326
163, 517, 539

209, 759

4, 369, 231

67,882, 451

335, 442, 865

$22,075
28
39
5

$44, 409, 690
192
242
51

$126,105, 525
371
427
172

97
414

1,283
3,146

6,127
11, 502

511
9

4,429
98

17, 629
590

TRUST ASSETS

Investments
Savings deposits
Demand deposits
Other assets

_

_

Total

$1,031,096,181 $17,029,477,246
266,005,124
14, 785, 588
654, 231, 111
69,115, 979
161, 349,140 14,963, 209, 447

$18, 398, 988,075
291,086,161
756,903, 747
15,150,196,139

32,912,922, 928

34, 597,174,122

$861, 633, 512 $30,131,960,133
414, 713, 376
2, 780, 962, 795

$31,194,133,032
3, 403,041,090

32, 912, 922, 928

34, 597,174,122

$398,844,072 $15,480,327,769
330
374
324
380
275
202

$16,049,755,831
1,297
1,420
707

16, 534
20, 739

83,096
48,910

107,139
84,735

37, 273
1,299

132,006
23, 389

191,874
25, 396

1, 276, 346,888

TBUST LIABILITIES

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 . . . - - _
Nnrnbfir of court twists 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. 31,1950
Average gross earnings per trust department reporting trust earnings
for yeq,r ended Dec, 31,1950
„..,
,-,-,




$46, 700
2
8
2
2~
24
26
11

1, 276, 346, 888

37

520

4,527

18, 219

38, 572

155, 395

217,270

$23, 307
$8,068
$94

$99, 301
$8, 550
$57

$254, 241
$15, 327
$117

$738, 861
$19,028
$129

$3,143, 712
$34, 243
$158

$97, 375, 511
$249,329
$393

$22, 791, 287
$180,312
$322

$386

$765

$2, 258

$5, 383

$15,306

$181,661

$48,256

TABLE NO. 52.—Fiduciary activities of national banks by Federal Reserve districts as of Dec. 30, 1950

Federal Reserve districts

Number
Total
with
Number
number
of banks authority authorized
exercising but not
exercise
fiduciary exercising to
powers fiduciary fiduciary
powers
powers

Boston..
New York—
Philadelphia..
Cleveland
Richmond—
Atlanta
Chicago
St. Louis
Minneapolis...
Kansas City..
Dallas
San Francisco.

159
230
226
104
132
99
199
97
46
102
68
56

Total.-.

1,518




Capital of
banks
authorized
to exercise
fiduciary
powers

191 $105,511,667
253 355,342,049
233 102,696,180
116 150,570,000
150
66,028,000
119
89,885, 500
231 250,915,000
122
50,356, 500
65
53,605,000
137
73,440,000
94 101,010,000
63 301,305,000
256

1,774 1,700,664,8

of individual
Total banking Number trusts
assets of banks
authorized to
exercise
Living Court
fiduciary
Total
trusts trusts
powers
$4, 529,940,135
15,806,454,049
4,263,951,966
6,050,629,095
3, 557,278, 823
4,959,704,545
13,219,346,193
2,921,110,704
2,224,350,209
4,159,212,404
5,023,866,733
15,254,002,604

6,471
4,961
9,134
5,618
7,912 16,603
12,196 10,172
7,464 7,587
5,591
4,344
36,472 10,064
2,586
2,884
2,843
3,317
3,857 2,740
4,339
1,140
13,300 10,279

81,969,847,460 107,139

84,735

Assets of
individual
trusts

11,432 $1,603,358,492
14,752 12,737,257,075
24, 515
601,713,733
22,368 3,120,929, 662
15,051
944, 665,223
9,935 1,272,219,235
46,536 8, 553,960,083
5,470
274,228,893
6,160
1,407, 544,243
6,597 1,205,495, 256
5,479
505,306, 615
23, 579 2,370,495,612
191,874

34, 597,174,122

CO

Number
Trust deof corpartment
Bond issues
porate
gross
outstanding
trusts
earnings
where bank
being
for
year
adminis- acts as trustee ended Dec.
tered
31,1960
445
1,087
379
2,707
460
1,162
8,264
1,659
439
6,358
838
1,598
25,396

$315,328,778
8,366,421,616
90,650,036
918,108,117
450,104,209
427,418, 586
3,278,772,125
197,196,701
142,798,447
571,857,968
431,280,421
859,818,827
16,049,755,831

$4,919,000
11,683,000
2, 661,000
8,613,000
3,512,000
3,791,000
13,762,000
1,318,000
2,264,000
2, 652,000
2,657,000
12,193,000
70,025,000

TABLE N O . 53.*—Classification of investments in living and court trust accounts under administration by the active national bank trust departments^
Dec. SO. 1950
Trust investments classified according to
capital of banks administering trusts
Banks with
Banks with
Banks with
Banks with
Banks with
Banks with
Total.

capital of $25,000
capital of $25,001 to $50,000
capital of $50,001 to $100,000
capital of $100,001 to $200,000
capital of $200,001 to $500,000.
capital of $500,001 and over--. .,




Bonds

Percent

Stocks

Total investPercent Real-estate
ments
mortgages Percent Eeal-estate Percent Miscellaneous Percent

$116,125
2,103, 860
26,216, 842
125, 878, 752
332,000, 508
11,498,126,705

73.95
$5, 736
57.11
716,955
46.89
17, 685, 580
45.17
93, 706,328
32.20 326,360,076
67.52 3, 776,366, 750

3.65
19.46
31.63
33.63
31.65
22.18

$28.556
325,964
3, 512, 839
27, 625, 745
270,498, 918
450,813, 857

18.19
8.85
6.28
9.91
26.23
2.65

$4,550
470,134
7,019,743
23,205,516
68,826,372
508,499,883

2.90
12.76
12.56
8.33
6.68
2.98

$2,051
66,827
1,478,205
8,244,340
33,410,307
795, 670,051

2.64
2.96
3.24
4.67

1.31
1.82

$157,018
3,683,740
55,913,209
278,660,681
1,031,096,181
17,029,477,246

11,984,442,792

65.14 4,214,841,425

22.91

752,805,879

4.09

608,026,198

3.30

838,871,781

4.56

18,398,988,075

CO

TABLE N O . 54.—Fiduciary activities of national banks by States as of December 80, 1950

Location

Number
Total
Number with auCapital of
number
of banks
thority
banks auauthorized
exercising but not ex- to exercise thorized to
fiduciary ercising
fidufiduciary exercise
powers
fiduciary
ciary powers
powers
powers

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 1 ..Ohio
Oklahoma.—
Oregon




2
23
107
4
156
23
3
44
19
6

31
3
2
18
23
29
34
8
7
25
18
1
3
105
90
44
31
51
16
25
18
85
23
26
16
36
10
17
3
32
122
7
167
24
6
49
27
7

Number of individual
trusts
Total banking
assets of banks
authorized to
exercise fidu- Living Court
Total
ciary powers trusts trusts

$17,020,000
$872,596,550
44,211,552
550,000
367,786,369
5,950,000
355,549,284
7,450,000
229,500,000 10,929,220,427
10,125,000
746,439,643
20,283,000
863,053,364
1,375,000
37,424,682
727,152,890
11,750,000
22,400,000
1,108,431,444
970,462,579
16,687,500
203,323,597
4,000,000
292,658,984
5,850,000
178,880,000
8,032,902,113
30,135,000
1,854,904,586
10,715,000
708,835,135
11,225,000
588,590,487
11,200,000
550,569,681
17,100,000
1,216,293,686
8,400,000
220,190,577
10,100,000
570,751,256
70, 722,500 3,275,305,292
32,820,000
2,707,296,566
27,930,000
1,679,470,210
3,878,000
202,043,344
31,320,000
1,757,410,037
2,925,000
177,511,831
12,955,000
666,510,623
1,650,000
144,069,176
4,666,667
177,419,593
48,402,050
2,292,429, 218
4,200,000
184,312,891
315,771,999 13,862,115,513
6,425,000
416, 522,804
1,350,000
79,937,625
60,525,000
3, 111, 171,124
20,375,000
1,063,196,017
20,655,000
1,269,360,536

1,596
(0
(0
272
8,211
945

2,173
30

1,273
1,372
1,052

571

i

2167
:

7,836
1,040
3,491

955
16,047
1,985
5,664

1,279
1,046

1,434
2,651
2,098

123
161

153

161

233

394

30,328
2,504

4,884
2,693

35,212
5,197
1,295

1,359

1,848
1,005
1,028
1,434
4,309
3,665
5,036

735
625
489
486
445
914

2,150
2,370
2,375
240

560
264

519
583
520

2,159
1,295
2,661

889

112
370

197
683
46
335

2 492

2 529

2 1,021

1,338

2,859

4,197

4,388

6,919
1,495

11,307
2,012

4,831

2,958

7,789

1,443

534

1,977

1,784

263
199

517
130

423

353
137

187
166

437

2,467
158
705

616

336

317

589

Assets of individual trusts

$308,056,715
(})
23,902,611
1,814,925,795
212,794,835
534,489,579
1,902,638
201,997,833
293,925,246
213,577,196
6,191,835
6,735,349,987
227,519,486
56,973,052
122,873,263
44,673,999
310,352,877
79,293,810
138,279,743
959,065,833
1,408,240,590
1,380,567,305
11,797,266
407,446,599
3,987,352
208,657,451
2 70,795, 617
30, 723,929
450,454,999
12,242,925
12,311,651,666
51,974,527
8,688,997
1,403,355,173
305,488,234
187,487.273

Number
Trust
of cordepartment
£J\JIX\JL XooU.(3u
gross earnporate
outstanding
ings for
trusts
where bank year ended
being
adminis- acts as trustee Dec. 31,
1950
tered
$108,452,020
0)

$790,000

197

104,855,995
805,699,028
77,056,981
49,191,653

36
149
297

96,887,961
76,924,418
129,317,756

167,000
9,665,000
680,000
1,960,000
12,000
525,000
1,048,000
918,000

36

953,972
2,899,726,260
78,593,433
10,151,558
7,457,625
5,744,500
94,383,685
56,424,767
95,946,127
206,227,482
253,026,451
65,038,979
1,047,000
113,354,825
2,176,425
126,885,242
2 5,756,430
1,468,451
60,156, 592
32, 736,164
8,323,581,492
81,995,548
74,367,012
302,248,397
291,142,200
9,301,200

72,000
10,497,000
789,000
346,000
324,000
240,000
408,000
301,000
417,000
2,603,000
1,814,000
2,097,000
49,000
1,129,000
27,000
352,000
2
466,000
110,000
1,649,000
121,000
10,116,000
374,000
53,000
3,844,000
387,000
677,000

487

81,041.
651

7,345
226
65
101
53
189
92
29
178
464
370
26

1,203

17
375
242
15
128
41
960
116
34

2,113
4,202
109

Pennsylvania...
Rhode Island...
South CarolinaSouth D a k o t a Tennessee
Texas
XJtah.._
Vermont
Virginia
Washington
West Virginia...
Wisconsin
Wyoming
Total

209
2
9
5
23
66
3
18
63
18
20
25
12
1,518

215
3
14
9
28
88
3
21
67
18
23
32
14

256

1,774 1,700,664,896

1 Included withfiguresfor the State of Nevada.
2 Includesfiguresfor 2 banks in Alaska and 2 banks in Arizona.




172,501,180
2,620,000
6,600,000
18,475,000
25,211, 500
97,360,000
4,000,000
3,177,500
23,583,000
29,150,000
8,345,000
10,565,000
1,810,000

6,380,492,095
99,193,988
396,664,069
163,458,893
1,458,019,423
4,791, 508,992
217,095,586
105,335,866
1,078,646,628
1,786,276,377
389,981,354
610,015,606
165, 727,297

14,548

21,848

36,396

2,195,706,359

916

1,369

1,829

153

460
185

1, 558
4,175

1,132
1,094

2,690
5,269

136
11
545
790
99
4 \\

146

281

427

67,232,568
9,242,020
253,026,336
481,539,029
33,097,739
4 64,330.875
444,625, 505
257,997,353
46,288, 519
185,981,579
18,400,004

81,969,847,460 107,139

84, 735

191,874

34, 597,174,122

327

177

4 351
2,782
2,666

4 445
3,443

641

1,554
1,788

1,387

970

338
504
4 796
6,225
3,636
2,195
3,175

103
271
41
226
23

686,709,688
(3)
66,687,948
119,625
26,123,940
430,527,088
3,007,900
4 3,744,775
103,652,959
35,100, 297
5,005,916
40,569,555
228, 511

6,870,000
(3)
319,000
41,000
994,000
2,571,000
117,000
4 245,000
1,574.000
1,196,000
356,000
637,000
78,000

25,396

16,049,755,831

70,025,000

B

3 Included withfiguresfor the State of Vermont.
* Includesfiguresfor 2 banks in Rhode Island and 18 banks in Vermont.

8

S3

CO
Or

INDEX
Page

Affiliates of national banks
17
All banks (see also Banks; Mutual savings banks; National banks; Private
banks; State commercial banks):
Assets and liabilities of:
Comparison of, December 31, 1949 and 1950
15-16
December 30, 1950, by classes of banks in each State
129-169
December 30, 1950, summary by classes of banks
127-128
June 30 and December 31, 1938-50
174
Distribution of, December 30, 1950
14
Per capita demand and time deposits of individuals, partnerships, and
corporations in, December 30, 1950, by States
170-171
Suspensions. (See Failures of banks.)
Assessments: Upon shareholders of insolvent national banks
179, 183-189
Assets and liabilities of banks:
All banks:
Comparison of, December 31, 1949 and 1950
15-16
December 30, 1950, by States
129-137
December 30, 1950, summary by classes of banks
127-128
June 30 and December 31, 1938-50
174
National banks:
Call dates in 1950, summary and by States
7-8, 41-94
December 30, 1950, by States
138-145
June 30 and December 31, 1938-50
175
Percentage distribution of, December 31, 1947-50_^
91
Principal items of, according to size of banks (deposits), December
31, 1949 and 1950
38
&ti&ie banks (see also District of Columbia):
All banks combined:
December 30, 1950, summary and by States
127-128, 146-153
June 30 and December 31, 1938-50
176
Mutual savings: December 30, 1950, summary and by States. 127-128,
162-165
Private: December 30, 1950, summary and by States, 127-128, 166-169
State commercial: December 30, 1950, summary and by States
127128, 154-161
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 30, 1950
14
Insured and uninsured, December 30, 1950
14
197




198

INDEX

Banks—Continued
All banks—Continued
Page
Member banks of Federal Reserve System, December 30, 1950, _
14
Number of:
December 30, 1950, by States
129-131
June 30 and December 31, 1938-50
174
Suspensions. (See Failures of banks.)
Insured commercial banks: Number of, December 30, 1950, by classes14
National banks:
Branches. (See Branches of national banks.)
"Calls" for reports of condition of, dates, 1914-50
40
Examination of. (See Examination of national banks.)
Failures. (See Failures of banks.)
Number of:
Call dates in 1950
7-8
Call dates in 1950, by States
41-94
December 30, 1950, by States
138-139
June 30 and December 31, 1938-50
175
Nonmember banks of Federal Reserve System, December 30,
1950
14
With surplus fund equal to or exceeding common capital stock
19^2-50
__39
With surplus fund less than common capital stocK 1942-50
39
State and private banks:
Number of:
December 30, 1950, by States
146-147, 154-155, 162, 166
June 30 and December 31, 1938-50
176
Supervisors of, name and title of in each State, December 30,
1950
.
. 172-173
Suspensions. (See Failures of banks.)
Uninsured, December 30, 1950
14
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, 1950__
37
Number authorized and closed in year ended December 31, 1950,
and number in existence December 31, 1950
13-14
Number authorized in year ended December 31, 1950, by States. 34-36
Foreign:
Location and summary of assets and liabilities of, December 30,
1950
114, 115
Number in operation December 30, 1950
115
Building and loan associations. (See District of Columbia.)
"Calls" for reports of condition of national banks, dates of 1914-50
40
Capital accounts. (See Assets and liabilities of banks; Earnings, expenses,
and dividends of national banks: Ratios.)
Capital stock of banks:
All banks:
December 30, 1950, by States
132-133, 136-137
June 30 and December 31, 1938-50
.__
174




INDEX

199

Capital stock of banks—Continued
National banks:
Page
By size of banks (deposits) December 31, 1949 and 1950.
38
Call dates in 1950, by States
.__ 41-94
Chartered, consolidated, in voluntary liquidation, insolvent,
1935-50
28
Chartered in each State, in year ended December 31, 1950
29
December 30, 1950, by States
140-141, 144-145
Failed banks in charge of receivers, in year ended December 31,
1950
178, 182-189
Incident to consolidations with State and national banks, in year
ended December 31, 1950
*.
32-33
June 30 and December 31, 1938-50
175
Liquidated banks, in year ended December 31, 1950- 12-13,31, 182, 183
Preferred stock:
Retirable value of, on call dates in 1950
8
Total outstanding, December 31, 1950__>.
12-13
State and private banks:
December 30, 1950, by classes of banks and by States
128,
152-153, 160-161, 163, 167
June 30 and December 31, 1938-50
176
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
26
Deputy Comptrollers, names of, since organization of the Bureau and
periods of service
26
Examination of national banks
18
Expenses of, calendar year 1950
19
Issue and redemption of notes
18
Liquidation of insolvent national banks
18
Organization and staff
18-19
Personnel
18-19
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, 1950
32-33
Changes in title of national banks incident to, in year ended December
31, 1950
-_- 32-33
List of, in year ended December 31, 1950
32-33
Number of in each State
27
Number of, and decrease in capital incident to, 1935-50
28
Credit unions of the District of Columbia. (See District of Columbia.)
Demand deposits. (See Deposits.)




200

INDEX

Deposits (see also Assets and liabilities of banks):
Page
All active banks, June 30 and December 31, 1938-50
174
Demand and time in all active banks, by classes in each State, December 30, 1950
136-137, 144-145, 160-161, 165, 169
Insured commercial banks, December 30, 1950
14
National banks, at date of failure
179, 180, 182-189
Per capita demand and time of individuals, partnerships, and corporations in all active banks, December 30, 1950, by States
170-171
Postal savings:
In all banks, December 30, 1950, by States
136-137
In each class of banks, December 30, 1950, by States
144-145,
160-161
In national banks, call dates in 1950, by States
41-94
Size of national banks, according to, December 31, 1949 and 1950
38
Suspended banks. (See Failures of banks.)
Uninsured banks, December 30, 1950
14
United States Government:
In all banks, December 30, 1950, by States-.._
136-137
In each class of banks, December 30, 1950, by States
144-145,
160-161, 165, 169
In national banks, call dates in 1950, by States
41-94
District of Columbia:
Assets and liabilities of all banks in, by classes:
Call dates in 1950
51, 118, 119
December 30, 1950
116-117
Building and loan associations in:
Reports required from, in year ended December 31, 1950
17
Summary of assets and liabilities of, December 30, 1950
125
Summary of receipts and disbursements of, year ended December
31, 1950
125
Credit unions of:
Reports required from in year ended December 31, 1950
17
Summary of assets and liabilities of, December 30, 1950
126
Summary of receipts and disbursements of, year ended December
31, 1950
126
Earnings, expenses, and dividends of banks in:
Losses charged off on loans and securities:
Years ended December 31, 1931-50
123, 124
Years ended December 31, 1949 and 1950, by classes of
banks
120-121
Ratios:
Years ended December 31, 1931-50
123, 124
Years ended December 31, 1949 and 1950, by classes of banks. 121
Years ended December 31, 1949 and 1950, by classes of banks. _ 120-121
Receiverships of nonnational banks in
177-179
Reports required from banking associations in, in year ended December 31, 1950
17
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, 1950. 106-108
By Federal Reserve districts, year ended December 31, 1950
103-105



INDEX

201

Earnings, expenses, and dividends of national banks—Continued
Page
By States, year ended December 31, 1950
95-102
Losses charged off on loans and securities:
Years ended December 31, 1931-50
-_-_
112, 113
Year ended December 31, 1950, according to size of banks (deposits)
107
Ratios:
Dividends to capital stock and capital funds, years ended December 31, 1929-50
111
Net profits before dividends to capital stock and capital funds,
years ended December 31, 1929-50
111
Net earnings from current operations and net profits before dividends per $100 of deposits, year ended December 31, 1950
108
Net earnings from current operations, net profits before dividends,
and cash dividends per $100 of capital funds, year ended December 31, 1950
108
Salaries and wages of officers and employees:
*«*
By size of banks (deposits), calendar year 1950
106
Years ended December 31, 1948-50_
109
Summary, years ended December 31, 1948-50
109-110
Employees. (See Comptroller of the Currency, Office of; Officers and
employees of national banks.)
Examination of national banks: Number of bank examinations during
year ended December 31, 1950
18
Examiners and assistant examiners: Changes in number, during the calendar year 1950
18-19
Expenses. (See Comptroller of the Currency, Office of; Earnings, expenses,
and dividends of national banks; Failures of banks; National banks.)
Failures of banks:
All banks:
Number, capital and deposits of suspended banks: Since inauguration of Federal deposit insurance, years ended December 31,
1934-50
190
National banks:
Assessments against stockholders
179, 183-189
Banks in charge of receivers in year ended December 31, 1950__ 177-189
Capital at date of failure
178, 182-189, 190
Circulation outstanding at date of failure
178, 182-189
Closed and active receiverships to December 31, 1950
177-189
Costs of liquidation of receiverships terminated
179, 182
Deposits at date of failure of banks in charge of receivers in
year ended December 31, 1950
179, 180, 182-189, 190
Dividends paid to creditors during year ended December 31, 1950,
and total dividends to December 31, 1950
177-189
Number and capital of, 1935-50
28
Number, capital, and deposits: Since inauguration of Federal deposit insurance, years ended December 31, 1934-50
190
Number of, by States, since beginning of system
27
Receipts and disbursements of Division of Insolvent National
Banks to December 31, 1950
177-179, 182, 183
Receivership liquidation to December 31, 1950
177-189
Receiverships terminated, 1865-1950
177-189



202

INDEX

Failures of banks—Continued
National banks—Continued
Page
Receiverships terminated in 1950
182
State banks:
In District of Columbia to December 31, 1950
177-179, 180
Number, capital, and deposits of: Since inauguration of Federal
deposit insurance, years ended December 31, 1934r-50
190
Federal Deposit Insurance Corporation (see also Failures of banks): Classification of insured and uninsured banks, December 30, 1950
14
Federal Reserve notes: Issue and redemption of, in year ended December
31, 1950
18
Fiduciary activities of national banks:
By Federal Reserve districts, December 30, 1950
192
Classification of investments in living and court trust accounts under
administration segregated according to capital of banks, December
30, 1950
193
December 30, 1950, by States-'194r-195
December 30, 1950, segregated according to capital groups
191
Foreign branches of national banks, location, and summary of assets and
liabilities of, December 30, 1950
114, 115
Government bonds. (See Investments; United States Government securities.)
Holding company affiliates of national banks, number of, December 30,
1950
17
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 30, 1950, by States
129-131
December 30, 1950, by classes of banks
127
June 30 and December 31, 1938-50
174
National banks:
By size of banks (deposits), December 31, 1949 and 1950
38
Call dates in 1950, summary and by States
7, 41-94
December 30, 1950, by States
138-139
June 30 and December 31, 1938-50
175
Losses charged off on:
According to size of banks (deposits), year ended December
31, 1950
107
Year ended December 31,1950, by States and Federal Reserve
districts
99-100,104
Years ended December 31, 1931-50
113
State and private banks: December 30, 1950, by classes of banks and
by States
127, 146-147, 154-155, 162,166
Liabilities. (See Assets and liabilities of banks.)
Liquidation of national banks (see also Failures of banks):
Capital and number of banks, 1935-50
28
Capital, date, and title of banks, in year ended December 31, 1950,
with names of succeeding banks in cases of succession
31



INDEX

203

Liquidation of national banks—Continued
Pagt
Number of banks, in each State, since beginning of system ^_
27
Summary, in year ended December 31, 1950
12-13
Loans and discounts of banks:
All banks:
December 30, 1950, classification of, by States
134-135
December 30, 1950, classification of, by classes of banks
127
June 30 and December 31, 1938-50
174
National banks:
By size of banks (deposits), December 31, 1949 and 1950
38
Call dates in 1950, summary and by States
7, 41-94
December 30, 1950, classification of, by States
142-143
June 30 and December 31, 1938-50
175
Interest and discount earned on:
According to size of banks (deposits), year ended December 31,
1950
10&
Year ended December 31, 1950, by States and Federal Reserve
districts
95-96,103
Years ended December 31, 1948-50
109
Losses charged off on:
According to size of banks (deposits), year ended December
31, 1950
107
Year ended December 31, 1950, by States and Federal
Reserve districts
99-100, 104
Years ended December 31, 1931-50
112
Real estate loans of, December 30, 1950, by States
142-143
State and private banks: December 30, 1950, classification of by
States
150-151, 158-159, 164, 16&
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 30, 1950, by States
162-165
Insured, December 30, 1950
14
Uninsured, December 30, 1950
14
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, 1950
178, 182-189
Outstanding December 31, 1950
14
National Bank Examiners. (See Examiners and assistant examiners.)
National banks:
Affiliates of, number, December 30, 1950
.
1?
Assets and liabilities of:
Call dates in 1950, by States
41-94
December 30, 1950, by States
138-145
Principal items of, according to size of banks (deposits), December 31, 1949 and 1950
3&
Principal items of, June 30 and December 31, 1938-50
175
Branches. (See Branches of national banks.)
By size of banks, on basis of deposits, December 31, 1949 and 1950-38


204

INDEX

National banks—Continued
Page
"Calls" for reports of condition of, dates, 1914-50
40
Capital stock. (See Capital stock of banks.)
Charters granted, in year ended December 31, 1950
29
Consolidations. (See Consolidations of banks.)
Conversions of State banks to, in year ended December 31,1950, list of,
30
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 30, 1950
17
Insolvent. (See Failures of banks.)
Investments. (See Investments of banks.)
Liquidation of, in year ended December 31, 1950
12-13, 18, 31
Loans and discounts. (See Loans and discounts of banks.)
Number of:
Call dates in year 1950, by States
41-94
Chartered and closed:
1935-50
28
Since February 25, 1863
27
In existence December 31, 1950, by States
27
June 30 and December 31, 1938-50
175
With surplus fund equal to or exceeding common capital stock
1942-50
39
With surplus fund less than common capital stock 1942-50
39
Officers and employees, number and salaries of:
By size of banks (deposits), calendar year 1950
106-108
Year ended December 31, 1950, by States and Federal Reserve
districts
97-98, 103
Years ended December 31, 1948-50
109
Reports required from, in year ended December 31, 1950
17
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 1950
106-108
Year ended December 31, 1950, by States and Federal Reserve
districts
97-98, 103
Years ended December 31, 1948-50
109
Organization of national banks:
Charters granted, which were conversions of State banks in year
ended December 31, 1950
30
Charters granted, in year ended December 31, 1950, list of, by States..
29
Number and authorized capital of, 1935-50
28
Number of, by States, from February 25, 1863, to December 31, 1950- .
27
Summary, in year ended December 31, 1950
12-13
Per capita demand and time deposits of individuals, partnerships, and
corporations, in all active banks; December 30, 1950, by States
170-171
Personnel. (See Comptroller of the Currency, Office of.)



INDEX

205
Pagt

Population, United States, December 30, 1950, by States
129-131
Possessions:
Assets and liabilities of banks in:
All banks, December 30, 1950
129-137
Banks other than national, December 30, 1950
146-161, 166-169
National banks, call dates in 1950
44,54,90
National banks, December 30, 1950
138-145
Earnings, expenses, and dividends of national banks in, year ended
December 31, 1950
95-102
Per capita demand and time deposits of individuals, partnerships,
and corporations, of all banks in, December 30, 1950
171
Postal savings. (See Deposits.)
Private banks:
Assets and liabilities of: December 30, 1950, by States
166-169
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, 1950
17
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
30, 1950
172-173
State commercial banks:
Assets and liabilities of: December 30, 1950, by States
154-161
Insured, December 30, 1950
14,172-173
Member banks of the Federal Reserve System, December 30, 1950__
14,
172-173
Nonmember banks of the Federal Reserve System, December 30,
1950
14,172-173
Suspensions. (See Failures of banks.)
Uninsured, December 30, 1950
14, 172-173
Stock savings banks. (See State commercial banks.)
Supervisors of State banks, name and title of, in each State, December
30, 1950
.
172-173
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, 1947-50
9
Trust companies. (See State commercial banks.)
Trust powers of national banks. (See Fiduciary activities of national
banks.)
United States Government deposits. (See Deposits.)



206

INDEX

United States Government securities:
All banks:
Page
December 30, 1950, by States..
_._.
129-131
December 30, 1950, by classes of banks
- 127
June 30 and December 31, 1938-50
174
National banks:
By size of banks (deposits), December 31, 1949 and 1950
38
Call dates in 1950, by States
41-94
December 30, 1950, by States
138-139
June 30 and December 31, 1938-50
175
State and private banks:
December 30, 1950, by States
146-147, 154-155, 162, 166
June 30 and December 31, 1938-50
- 175
Voluntary liquidation of national banks. (See Liquidation of national
banks.)




o